← BBCMS Mortgage Trust 2019-C5 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2019-C5
- Current balance
- $25.0M (November 2019)
- Share of deal
- not yet reported
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2034-06-06
Property and terms
| Property | Moffett Towers II - Buildings 3 & 4 |
| Address | 1190 Discovery Way and 900 5th Avenue; Sunnyvale, CA 94089 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 701,266 |
| Year built | 2019 |
| Year last renovated | not yet reported |
| Original balance | $25.0M |
| Current balance | $25.0M (November 2019) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 3.76% |
| Current interest rate | 3.76% |
| Origination date | 06-19-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2034-06-06 |
| Prepayment lockout end | 08-05-2021 |
| Yield maintenance end | 01-05-2029 |
| Servicer | KeyBank N.A. |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc./Goldman Sachs Bank USA/Deutsche Bank AG, New York Branch |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $790.0M | not yet reported | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| 701,266 | 05-31-2034 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2019 | $25.0M | Current | 3.76% | 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: BBCMS Mortgage Trust 2019-C4; Wells Fargo Commercial Mortgage Trust 2019-C52.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.