UBS Commercial Mortgage Trust 2019-C16

Tranches, pool and monthly delinquency indicator for UBS Commercial Mortgage Trust 2019-C16.

Data as of loan data through September 2026; ratings as held in the dataset at build

Current pool balance: $574.3M (September 2026)
Original pool balance: $682.7M
Loans at issuance: 497
Closing date: 2019-04-16
Weighted average coupon at issuance: 4.87%
Weighted average LTV at issuance: 934.2%
30+ delinquent (latest): 4.49%
Realized stress score: 59.9
Net rating change since issuance: +0.17 notches

Tranches

Class	Original balance	Credit support (computed)	Coupon	CUSIP	Fitch	KBRA	S&P	Moody's	DBRS
A-1	$18.4M	97.31%	2.739% fixed	90276YAA1	PIF	WR	not yet reported	WR	not yet reported
A-2	$78.5M	85.81%	3.440% fixed	90276YAB9	AAA	AAA	not yet reported	Aaa	not yet reported
A-3	$140.0M	65.30%	3.344% fixed	90276YAD5	AAA	AAA	not yet reported	Aaa	not yet reported
A-4	$204.9M	35.29%	3.605% fixed	90276YAE3	AAA	AAA	not yet reported	Aaa	not yet reported
A-S	$75.1M	24.29%	3.887% fixed	90276YAH6	AAA	AAA	not yet reported	A1	not yet reported
A-SB	$36.1M	19.00%	3.460% fixed	90276YAC7	AAA	AAA	not yet reported	Aaa	not yet reported
B	$30.7M	14.50%	4.320% floating (WAC)	90276YAJ2	AA-	AA	not yet reported	not yet reported	not yet reported
C	$20.4M	11.51%	4.923% floating (WAC)	90276YAK9	A-	A	not yet reported	not yet reported	not yet reported
D	$10.2M	10.01%	5.021% floating (WAC)	90276YAN3	BBB+	A-	not yet reported	not yet reported	not yet reported
D-RR	$13.7M	8.00%	5.021% floating (WAC)	90276YAQ6	BBB-	BBB+	not yet reported	not yet reported	not yet reported
E-RR	$10.2M	6.50%	5.021% floating (WAC)	90276YAS2	B+	BBB	not yet reported	not yet reported	not yet reported
F-RR	$6.8M	5.50%	5.021% floating (WAC)	90276YAU7	B-	BBB-	not yet reported	not yet reported	not yet reported
G-RR	$8.5M	4.25%	5.021% floating (WAC)	90276YAW3	CCC	BB	not yet reported	not yet reported	not yet reported
H-RR	$6.8M	3.25%	5.021% floating (WAC)	90276YAY9	CC	B-	not yet reported	not yet reported	not yet reported
NR-RR	$22.2M	0.00%	5.021% floating (WAC)	90276YBA0	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	90276YBE2	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$477.9M	Interest only	1.564% floating	90276YAF0	AAA	AAA	not yet reported	Aaa	not yet reported
X-B	$126.3M	Interest only	0.861% floating	90276YAG8	A-	AAA	not yet reported	not yet reported	not yet reported
Z	not yet reported	not yet reported	not yet reported	90276YBC6	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported

Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.

Pool at issuance

Loans	497
Original loan balance	$11.66B
Weighted average coupon	4.87%
Weighted average LTV	934.2%
Median loan LTV	523.5%
Full-term interest only (share of balance)	88.3%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	0.4%
Five largest loans (share of balance)	1.7%
Occupancy at issuance (weighted average)	96.2%

Realized outcomes

Months reported	89
Peak 30+ delinquency	11.73% (June 2025)
Ever severe (share of original balance)	0.89%
Ever modified (share of original balance)	0.58%
Past scheduled maturity (share of original balance)	0.40%
Non-performing matured (share of original balance)	4.19%
Maximum servicer advances (share of balance)	1.28%
Median DSCR, first year	1.70
Median DSCR, latest	1.43
Realized stress score	59.9

Property types

Property type	Original balance	Share of pool
Industrial	$4.50B	38.6%
Office	$3.97B	34.1%
Self storage	$1.98B	17.0%
Retail	$552.5M	4.7%
Multifamily	$397.3M	3.4%
SE	$82.2M	0.7%
Lodging	$55.3M	0.5%
Multiple property types	$23.0M	0.2%
Mixed use	$19.0M	0.2%
Warehouse	$3.8M	0.0%

Property type is reported for 99.4% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
The Colonnade Office Complex	Addison, TX	$47.0M	0.4%	4.57%	2019
Dominion Tower	Norfolk, VA	$46.0M	0.4%	5.29%	2018
SkyLoft Austin	Austin, TX	$36.0M	0.3%	4.28%	2019
370 Henry Southern Drive	Pontotoc, MS	$31.7M	0.3%	4.80%	2019
["1 Fashion Way", "298 Henry Southern Drive", "957 Pontotoc County Industrial Parkway", "Southern Motion Industrial Portfolio", "370 Henry Southern Drive", "161 Prestige Drive"]	["Baldwyn", "Pontotoc", "Ecru", "Pontotoc", "Pontotoc", "Pontotoc"], ["MS", "MS", "MS", "MS", "MS", "MS"]	$31.7M	0.3%	4.80%	2019

Delinquency and stress indicator

▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)

Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.

Ratings

Classes with a CUSIP	19 of 19
Classes with a current rating in the dataset	16 of 19
Net rating change since issuance	+0.17 notches (balance-weighted)
Delinquency threshold crossed	May 2020
First downgrade	June 2023

Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.