← BBCMS Mortgage Trust 2019-C3 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2019-C3
- Current balance
- $30.0M (September 2026)
- Share of deal
- 3.5%
- Status
- Real estate owned (REO)
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2024-02-06
Property and terms
| Property | The Colonnade Office Complex |
| Address | 15301, 15303 & 15305 North Dallas Parkway; Addison, TX 75001 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,080,180 |
| Year built | 1983 |
| Year last renovated | 2017 |
| Original balance | $30.0M |
| Current balance | $30.0M (September 2026) |
| Share of deal balance | 3.5% |
| Interest rate at origination | 4.57% |
| Current interest rate | 4.57% |
| Origination date | 01-18-2019 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2024-02-06 |
| Prepayment lockout end | 10-05-2023 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank N.A. |
| Loan servicer | not yet reported |
| Originator | UBS AG |
| Current status | Real estate owned (REO) |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $347.6M | 10-31-2018 | MAI |
| Most recent reported | $218.0M | 2026-04-16 | MAI |
Change from securitization to the most recent reported valuation: -37.3%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Hilton Domestic Operating Company | 148,583 | 01-31-2032 |
| USP Texas LP | 127,854 | 10-31-2025 |
| GOOGLE, INC | 56,679 | 06-30-2026 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2019 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2019 | $30.0M | Matured balloon, non-performing | 4.57% | not yet reported | not yet reported | not yet reported | $114,138 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2019 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2019 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2019 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2019 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2019 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2020 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2020 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2020 | $30.0M | Current | 4.57% | 3.56 | 3.82 | not yet reported | not yet reported | 09-30-2019 | $33.7M | $15.3M | $18.5M | $17.2M |
| April 2020 | $30.0M | Current | 4.57% | 3.56 | 3.82 | not yet reported | not yet reported | 09-30-2019 | $33.7M | $15.3M | $18.5M | $17.2M |
| May 2020 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2020 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2020 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2020 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2020 | $30.0M | Current | 4.57% | 2.12 | 2.38 | 80% | $0 | 03-31-2020 | $26.2M | $14.8M | $11.4M | $10.2M |
| October 2020 | $30.0M | Current | 4.57% | 2.12 | 2.38 | 80% | $0 | 03-31-2020 | $26.2M | $14.8M | $11.4M | $10.2M |
| November 2020 | $30.0M | Current | 4.57% | 2.12 | 2.38 | 84% | $0 | 03-31-2020 | $26.2M | $14.8M | $11.4M | $10.2M |
| December 2020 | $30.0M | Current | 4.57% | 2.31 | 2.56 | 84% | $0 | 06-30-2020 | $27.3M | $14.8M | $12.5M | $11.3M |
| January 2021 | $30.0M | Current | 4.57% | 2.34 | 2.59 | 84% | $0 | 09-30-2020 | $27.3M | $14.7M | $12.6M | $11.4M |
| February 2021 | $30.0M | Current | 4.57% | 2.34 | 2.59 | 82% | $0 | 09-30-2020 | $27.3M | $14.7M | $12.6M | $11.4M |
| March 2021 | $30.0M | Current | 4.57% | 2.38 | 2.63 | 80% | $0 | 12-31-2020 | $27.6M | $14.7M | $12.8M | $11.6M |
| April 2021 | $30.0M | Current | 4.57% | 2.38 | 2.63 | 80% | $0 | 12-31-2020 | $27.6M | $14.7M | $12.8M | $11.6M |
| May 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2021 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2022 | $30.0M | Current | 4.57% | 2.43 | 2.68 | 80% | $0 | 09-30-2021 | $26.9M | $13.8M | $13.1M | $11.8M |
| April 2022 | $30.0M | Current | 4.57% | 2.15 | 2.41 | not yet reported | $0 | 12-31-2021 | $25.9M | $14.2M | $11.7M | $10.5M |
| May 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2022 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2022 | $30.0M | Current | 4.57% | 2.37 | 2.63 | 74% | $0 | 06-30-2022 | $28.0M | $15.3M | $12.7M | $11.5M |
| November 2022 | $30.0M | Current | 4.57% | 2.37 | 2.63 | 74% | $0 | 06-30-2022 | $28.0M | $15.3M | $12.7M | $11.5M |
| December 2022 | $30.0M | Current | 4.57% | 2.37 | 2.63 | 74% | $0 | 06-30-2022 | $28.0M | $15.3M | $12.7M | $11.5M |
| January 2023 | $30.0M | Current | 4.57% | 2.37 | 2.63 | 74% | $0 | 06-30-2022 | $28.0M | $15.3M | $12.7M | $11.5M |
| February 2023 | $30.0M | Current | 4.57% | 2.05 | 2.30 | 72% | $0 | 09-30-2022 | $28.0M | $16.8M | $11.2M | $10.0M |
| March 2023 | $30.0M | Current | 4.57% | 2.05 | 2.30 | 72% | $0 | 09-30-2022 | $28.0M | $16.8M | $11.2M | $10.0M |
| April 2023 | $30.0M | Matured balloon, non-performing | 4.57% | 2.05 | 2.30 | 72% | $117,942 | 09-30-2022 | $28.0M | $16.8M | $11.2M | $10.0M |
| May 2023 | $30.0M | Current | 4.57% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2023 | $30.0M | Current | 4.57% | 2.25 | 2.51 | not yet reported | $0 | 03-31-2023 | $28.1M | $15.9M | $12.2M | $11.0M |
| July 2023 | $30.0M | Current | 4.57% | 2.25 | 2.51 | not yet reported | $0 | 03-31-2023 | $28.1M | $15.9M | $12.2M | $11.0M |
| August 2023 | $30.0M | Current | 4.57% | 2.25 | 2.51 | 70% | $0 | 03-31-2023 | $28.1M | $15.9M | $12.2M | $11.0M |
| September 2023 | $30.0M | Current | 4.57% | 2.25 | 2.51 | 70% | $0 | 03-31-2023 | $28.1M | $15.9M | $12.2M | $11.0M |
| October 2023 | $30.0M | Matured balloon, non-performing | 4.57% | 2.26 | 2.52 | 75% | $114,137 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| November 2023 | $30.0M | 30-59 days delinquent | 4.57% | 2.26 | 2.52 | 75% | $232,080 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| December 2023 | $30.0M | Matured balloon, non-performing | 4.57% | 2.26 | 2.52 | 75% | $114,137 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| January 2024 | $30.0M | Matured balloon, non-performing | 4.57% | 2.26 | 2.52 | 75% | $117,942 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| February 2024 | $30.0M | Current | 4.57% | 2.26 | 2.52 | 75% | $0 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| March 2024 | $30.0M | Real estate owned (REO) | 4.57% | 2.26 | 2.52 | 75% | $110,333 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| April 2024 | $30.0M | Real estate owned (REO) | 4.57% | 2.26 | 2.52 | 75% | $117,942 | 06-30-2023 | $28.3M | $16.1M | $12.2M | $11.0M |
| May 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $232,080 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $350,022 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $464,159 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $582,101 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $700,043 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $814,181 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $932,123 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2024 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.0M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.2M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.4M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.5M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.7M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $1.9M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.0M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.1M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.2M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2025 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.4M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.7M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.8M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $2.9M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $3.0M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $3.1M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $3.2M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $3.4M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $30.0M | Real estate owned (REO) | 4.57% | not yet reported | not yet reported | not yet reported | $3.5M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Status timeline
| Date | Event |
|---|---|
| 2023-09-12 | Transferred to the special servicer |
| November 2023 | First reported 30 or more days delinquent |
| 2024-02-06 | Scheduled maturity passed; the loan is still reported, with status Real estate owned (REO) in September 2026 |
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: UBS Commercial Mortgage Trust 2019-C16; Wells Fargo Commercial Mortgage Trust 2019-C50.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.