← BBCMS Mortgage Trust 2019-C5 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2019-C5
- Current balance
- $30.0M (November 2019)
- Share of deal
- not yet reported
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2029-10-01
Property and terms
| Property | Ocean Edge Resort & Golf Club |
| Address | 2907 Main Street; Brewster, MA 02631 |
| Property type | Lodging |
| Units, beds or keys | 337 |
| Net rentable square feet | not yet reported |
| Year built | 1890 |
| Year last renovated | 2019 |
| Original balance | $30.0M |
| Current balance | $30.0M (November 2019) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 3.75% |
| Current interest rate | 3.75% |
| Origination date | 09-06-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-10-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank N.A. |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $135.4M | 05-30-2019 | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2019 | $30.0M | Current | 3.75% | 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 |
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.
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: CF 2019-CF2 Mortgage Trust; CF 2019-CF2 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.