← Benchmark 2019-B10 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2019-B10 Mortgage Trust
- Current balance
- $8.1M (May 2025)
- Share of deal
- not yet reported
- Status
- 90+ days delinquent
- DSCR (latest)
- 1.11
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2029-03-01
Property and terms
| Property | 116 University Place |
| Address | 116 University Place; New York, NY 10003 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 2,626 |
| Year built | 2018 |
| Year last renovated | not yet reported |
| Original balance | $9.6M |
| Current balance | $8.1M (May 2025) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 5.10% |
| Current interest rate | 5.10% |
| Origination date | 02-05-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-03-01 |
| Prepayment lockout end | 04-30-2021 |
| Yield maintenance end | 12-31-2028 |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | JPMorgan Chase Bank, National Association |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $14.7M | 10-11-2018 | MAI |
| Most recent reported | $2.4M | 2025-03-03 | MAI |
Change from securitization to the most recent reported valuation: -83.7%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| STR-Commercial | 2,626 | 03-01-2028 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April 2019 | $9.6M | Current | 5.10% | 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 |
| May 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2019 | $9.6M | Matured balloon, non-performing | 5.10% | 0.00 | 0.00 | 0% | $41,864 | not yet reported | $0 | $0 | $0 | $0 |
| September 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2019 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| April 2020 | $9.6M | not yet reported | 5.10% | 1.37 | 1.38 | 0% | $0 | 09-30-2019 | $603,005 | $95,167 | $507,838 | $505,573 |
| May 2020 | $9.6M | not yet reported | 5.10% | 1.37 | 1.38 | 0% | $0 | 09-30-2019 | $603,005 | $95,167 | $507,838 | $505,573 |
| June 2020 | $9.6M | not yet reported | 5.10% | 1.37 | 1.38 | 0% | $0 | 09-30-2019 | $603,005 | $95,167 | $507,838 | $505,573 |
| July 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2020 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| April 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2021 | $9.6M | Matured balloon, non-performing | 5.10% | 0.00 | 0.00 | 100% | $40,514 | not yet reported | $0 | $0 | $0 | $0 |
| June 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2021 | $9.6M | Matured balloon, non-performing | 5.10% | 0.00 | 0.00 | 100% | $40,514 | not yet reported | $0 | $0 | $0 | $0 |
| August 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2021 | $9.6M | Matured balloon, non-performing | 5.10% | 0.00 | 0.00 | 100% | $40,514 | not yet reported | $0 | $0 | $0 | $0 |
| November 2021 | $9.6M | not yet reported | 5.10% | 0.00 | 0.00 | 100% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2021 | $9.6M | Matured balloon, non-performing | 5.10% | 0.00 | 0.00 | 100% | $40,514 | not yet reported | $0 | $0 | $0 | $0 |
| January 2022 | $9.6M | 30-59 days delinquent | 5.10% | 0.00 | 0.00 | 100% | $82,378 | not yet reported | $0 | $0 | $0 | $0 |
| February 2022 | $9.6M | 60-89 days delinquent | 5.10% | 0.00 | 0.00 | 100% | $124,242 | not yet reported | $0 | $0 | $0 | $0 |
| March 2022 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $162,055 | not yet reported | $0 | $0 | $0 | $0 |
| April 2022 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $203,919 | not yet reported | $0 | $0 | $0 | $0 |
| May 2022 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $244,432 | not yet reported | $0 | $0 | $0 | $0 |
| June 2022 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $275,822 | not yet reported | $0 | $0 | $0 | $0 |
| July 2022 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $306,232 | not yet reported | $0 | $0 | $0 | $0 |
| August 2022 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $337,657 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| September 2022 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $369,081 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| October 2022 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $399,492 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| November 2022 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $430,917 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| December 2022 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $461,327 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| January 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $492,752 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| February 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $524,176 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| March 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $552,560 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| April 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $583,984 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| May 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $614,395 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| June 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $626,761 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| July 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $638,728 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| August 2023 | $9.6M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $651,094 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| September 2023 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $663,460 | not yet reported | $0 | $0 | $0 | $0 |
| October 2023 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $675,428 | not yet reported | $0 | $0 | $0 | $0 |
| November 2023 | $9.6M | 90+ days delinquent | 5.10% | 0.00 | 0.00 | 100% | $687,794 | not yet reported | $0 | $0 | $0 | $0 |
| December 2023 | $8.1M | Matured balloon, non-performing | 5.10% | 0.00 | 0.00 | 100% | $11,967 | not yet reported | $0 | $0 | $0 | $0 |
| January 2024 | $8.1M | 30-59 days delinquent | 5.10% | 1.11 | 1.12 | 100% | $26,527 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| February 2024 | $8.1M | 60-89 days delinquent | 5.10% | 1.11 | 1.12 | 100% | $41,088 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| March 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $54,708 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| April 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $69,269 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| May 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $83,359 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| June 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $97,919 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| July 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $112,010 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| August 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $126,570 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| September 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $141,130 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| October 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $155,220 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| November 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $160,345 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| December 2024 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $165,303 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| January 2025 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $170,427 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| February 2025 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $175,552 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| March 2025 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $180,180 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| April 2025 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $185,304 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
| May 2025 | $8.1M | 90+ days delinquent | 5.10% | 1.11 | 1.12 | 100% | $190,263 | 06-30-2021 | $375,000 | $98,827 | $276,173 | $274,663 |
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 |
|---|---|
| January 2022 | First reported 30 or more days delinquent |
| 2022-01-10 | Transferred to the special servicer |
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: CSAIL 2017-CX10 Commercial Mortgage Trust (segment D02, CIK 1720474).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.