← Benchmark 2019-B14 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2019-B14 Mortgage Trust
- Current balance
- $34.0M (September 2026)
- Share of deal
- 3.0%
- Status
- Real estate owned (REO)
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2024-11-01
Property and terms
| Property | Hilton Cincinnati Netherland Plaza |
| Address | 35 West 5th Street; Cincinnati, OH 45202 |
| Property type | Lodging |
| Units, beds or keys | 561 |
| Net rentable square feet | not yet reported |
| Year built | 1931 |
| Year last renovated | 2019 |
| Original balance | $35.5M |
| Current balance | $34.0M (September 2026) |
| Share of deal balance | 3.0% |
| Interest rate at origination | 5.35% |
| Current interest rate | 5.35% |
| Origination date | 10-02-2019 |
| Original term | 60 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2024-11-01 |
| Prepayment lockout end | 08-31-2024 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | JPMorgan Chase Bank, National Association |
| Current status | Real estate owned (REO) |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $105.5M | 08-22-2019 | MAI |
| Most recent reported | $38.3M | 2025-01-17 | MAI |
Change from securitization to the most recent reported valuation: -63.7%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2019 | $35.5M | Matured balloon, performing | 5.35% | not yet reported | not yet reported | 75% | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2019 | $35.5M | Current | 5.35% | 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 | $35.4M | Current | 5.35% | 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 | $35.4M | Current | 5.35% | 1.52 | 1.83 | 76% | not yet reported | 09-30-2019 | $37.7M | $28.8M | $8.9M | $7.4M |
| March 2020 | $35.3M | Current | 5.35% | 1.52 | 1.83 | 76% | not yet reported | 09-30-2019 | $37.7M | $28.8M | $8.9M | $7.4M |
| April 2020 | $35.3M | Matured balloon, non-performing | 5.35% | 1.52 | 1.83 | 76% | $198,161 | 09-30-2019 | $37.7M | $28.8M | $8.9M | $7.4M |
| May 2020 | $35.3M | Matured balloon, non-performing | 5.35% | not yet reported | not yet reported | not yet reported | $198,163 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2020 | $35.3M | 30-59 days delinquent | 5.35% | -0.59 | -0.43 | 17% | $396,324 | 03-31-2020 | $20.6M | $22.7M | $-2.1M | $-2.9M |
| July 2020 | $35.2M | Matured balloon, non-performing | 5.35% | -0.59 | -0.43 | 17% | $198,163 | 03-31-2020 | $20.6M | $22.7M | $-2.1M | $-2.9M |
| August 2020 | $35.2M | 30-59 days delinquent | 5.35% | -0.86 | -0.76 | 28% | $396,325 | 06-30-2020 | $11.6M | $15.3M | $-3.7M | $-4.2M |
| September 2020 | $35.2M | 30-59 days delinquent | 5.35% | -0.86 | -0.76 | 28% | $396,322 | 06-30-2020 | $11.6M | $15.3M | $-3.7M | $-4.2M |
| October 2020 | $35.1M | Matured balloon, non-performing | 5.35% | -0.86 | -0.76 | 28% | $198,164 | 06-30-2020 | $11.6M | $15.3M | $-3.7M | $-4.2M |
| November 2020 | $35.1M | Matured balloon, non-performing | 5.35% | -0.86 | -0.76 | 27% | $198,161 | 06-30-2020 | $11.6M | $15.3M | $-3.7M | $-4.2M |
| December 2020 | $35.1M | 30-59 days delinquent | 5.35% | -0.83 | -0.75 | 27% | $396,325 | 09-30-2020 | $10.1M | $13.7M | $-3.6M | $-4.0M |
| January 2021 | $35.0M | 30-59 days delinquent | 5.35% | -0.83 | -0.75 | 27% | $396,325 | 09-30-2020 | $10.1M | $13.7M | $-3.6M | $-4.0M |
| February 2021 | $35.0M | 60-89 days delinquent | 5.35% | -0.83 | -0.75 | 27% | $594,487 | 09-30-2020 | $10.1M | $13.7M | $-3.6M | $-4.0M |
| March 2021 | $35.0M | 60-89 days delinquent | 5.35% | -0.83 | -0.75 | 26% | $594,492 | 09-30-2020 | $10.1M | $13.7M | $-3.6M | $-4.0M |
| April 2021 | $35.0M | 60-89 days delinquent | 5.35% | -0.70 | -0.62 | 26% | $594,492 | 12-31-2020 | $9.3M | $12.3M | $-3.0M | $-3.4M |
| May 2021 | $34.9M | 60-89 days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $594,495 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2021 | $34.8M | 30-59 days delinquent | 5.35% | -0.56 | -0.50 | 24% | $396,326 | 04-30-2021 | $2.6M | $3.4M | $-808,012 | $-911,931 |
| July 2021 | $34.8M | Matured balloon, non-performing | 5.35% | -0.35 | -0.28 | 28% | $198,164 | 05-31-2021 | $4.0M | $4.5M | $-560,052 | $-718,534 |
| August 2021 | $34.7M | Current | 5.35% | -0.35 | -0.28 | 28% | $0 | 05-31-2021 | $4.0M | $4.5M | $-560,052 | $-718,534 |
| September 2021 | $34.6M | Current | 5.35% | 0.06 | 0.17 | 35% | $0 | 07-31-2021 | $13.4M | $12.6M | $837,337 | $299,501 |
| October 2021 | $34.6M | Current | 5.35% | 0.06 | 0.17 | 35% | $0 | 07-31-2021 | $13.4M | $12.6M | $837,337 | $299,501 |
| November 2021 | $34.6M | Current | 5.35% | 0.35 | 0.49 | 39% | $0 | 09-30-2021 | $16.4M | $14.0M | $2.4M | $1.7M |
| December 2021 | $34.5M | Current | 5.35% | 0.51 | 0.66 | 41% | $0 | 10-31-2021 | $18.0M | $14.8M | $3.2M | $2.5M |
| January 2022 | $34.5M | Current | 5.35% | 0.51 | 0.66 | 41% | $0 | 10-31-2021 | $18.0M | $14.8M | $3.2M | $2.5M |
| February 2022 | $34.4M | Current | 5.35% | 0.53 | 0.69 | 42% | $0 | 12-31-2021 | $18.8M | $15.5M | $3.3M | $2.6M |
| March 2022 | $34.4M | Current | 5.35% | 0.53 | 0.69 | 42% | $0 | 12-31-2021 | $18.8M | $15.5M | $3.3M | $2.6M |
| April 2022 | $34.3M | Current | 5.35% | 0.53 | 0.69 | 42% | $0 | 12-31-2021 | $18.8M | $15.5M | $3.3M | $2.6M |
| May 2022 | $34.3M | Current | 5.35% | 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 | $34.2M | Current | 5.35% | -0.09 | 0.05 | 41% | $0 | 03-31-2022 | $4.3M | $4.2M | $56,275 | $-114,226 |
| July 2022 | $34.2M | Current | 5.35% | -0.09 | 0.05 | 41% | $0 | 03-31-2022 | $4.3M | $4.2M | $56,275 | $-114,226 |
| August 2022 | $34.2M | Current | 5.35% | 0.75 | 0.95 | 51% | $0 | 06-30-2022 | $24.3M | $19.7M | $4.6M | $3.6M |
| September 2022 | $34.1M | Current | 5.35% | 0.75 | 0.95 | 51% | $0 | 06-30-2022 | $24.3M | $19.7M | $4.6M | $3.6M |
| October 2022 | $34.1M | Current | 5.35% | 0.75 | 0.95 | 51% | $0 | 06-30-2022 | $24.3M | $19.7M | $4.6M | $3.6M |
| November 2022 | $34.0M | Current | 5.35% | 0.96 | 1.17 | 51% | $0 | 09-30-2022 | $25.5M | $19.8M | $5.7M | $4.7M |
| December 2022 | $34.0M | Current | 5.35% | 0.96 | 1.17 | 51% | $0 | 09-30-2022 | $25.5M | $19.8M | $5.7M | $4.7M |
| January 2023 | $34.0M | Matured balloon, non-performing | 5.35% | 0.96 | 1.17 | 51% | $198,164 | 09-30-2022 | $25.5M | $19.8M | $5.7M | $4.7M |
| February 2023 | $34.0M | 30-59 days delinquent | 5.35% | 0.96 | 1.17 | 51% | $396,327 | 09-30-2022 | $25.5M | $19.8M | $5.7M | $4.7M |
| March 2023 | $34.0M | 60-89 days delinquent | 5.35% | 0.96 | 1.17 | 51% | $559,247 | 09-30-2022 | $25.5M | $19.8M | $5.7M | $4.7M |
| April 2023 | $34.0M | 90+ days delinquent | 5.35% | 0.31 | 0.51 | 49% | $757,411 | 12-31-2022 | $23.9M | $21.5M | $2.5M | $1.5M |
| May 2023 | $34.0M | 90+ days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $955,577 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2023 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $1.2M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| July 2023 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $1.4M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| August 2023 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $1.6M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| September 2023 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $1.7M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| October 2023 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $1.9M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| November 2023 | $35.0M | Current | 4.93% | 1.83 | 1.87 | not yet reported | $0 | 06-30-2023 | $10.2M | $3.7M | $6.5M | $6.4M |
| December 2023 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $2.3M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| January 2024 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $2.5M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| February 2024 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $2.7M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| March 2024 | $34.0M | 90+ days delinquent | 5.35% | -1.01 | -0.83 | 50% | $2.9M | 03-31-2023 | $5.4M | $6.4M | $-1.0M | $-1.2M |
| April 2024 | $34.0M | 90+ days delinquent | 5.35% | -0.22 | 0.01 | 57% | $3.1M | 09-30-2023 | $27.9M | $27.8M | $47,221 | $-1.1M |
| May 2024 | $34.0M | 90+ days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $3.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $34.0M | 90+ days delinquent | 5.35% | 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 |
| July 2024 | $34.0M | 90+ days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2024 | $34.0M | 90+ days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $34.0M | 90+ days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $34.0M | 90+ days delinquent | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2024 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2024 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2025 | $34.0M | Real estate owned (REO) | 5.35% | -0.24 | -0.01 | 55% | $3.6M | 09-30-2024 | $28.3M | $28.4M | $-43,356 | $-1.2M |
| March 2025 | $34.0M | Real estate owned (REO) | 5.35% | -0.24 | -0.01 | 55% | $3.6M | 09-30-2024 | $28.3M | $28.4M | $-43,356 | $-1.2M |
| April 2025 | $34.0M | Real estate owned (REO) | 5.35% | -0.24 | -0.01 | 55% | $3.6M | 09-30-2024 | $28.3M | $28.4M | $-43,356 | $-1.2M |
| May 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $34.0M | Real estate owned (REO) | 5.35% | -0.50 | -0.30 | not yet reported | $3.6M | 06-30-2025 | $24.5M | $25.9M | $-1.5M | $-2.4M |
| December 2025 | $34.0M | Real estate owned (REO) | 5.35% | -0.50 | -0.30 | not yet reported | $3.6M | 06-30-2025 | $24.5M | $25.9M | $-1.5M | $-2.4M |
| January 2026 | $34.0M | Real estate owned (REO) | 5.35% | -0.50 | -0.30 | not yet reported | $3.6M | 06-30-2025 | $24.5M | $25.9M | $-1.5M | $-2.4M |
| February 2026 | $34.0M | Real estate owned (REO) | 5.35% | -0.50 | -0.30 | not yet reported | $3.6M | 06-30-2025 | $24.5M | $25.9M | $-1.5M | $-2.4M |
| March 2026 | $34.0M | Real estate owned (REO) | 5.35% | -0.50 | -0.30 | not yet reported | $3.6M | 06-30-2025 | $24.5M | $25.9M | $-1.5M | $-2.4M |
| April 2026 | $34.0M | Real estate owned (REO) | 5.35% | -0.50 | -0.30 | not yet reported | $3.6M | 06-30-2025 | $24.5M | $25.9M | $-1.5M | $-2.4M |
| May 2026 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $34.0M | Real estate owned (REO) | 5.35% | not yet reported | not yet reported | not yet reported | $3.6M | 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 |
|---|---|
| June 2020 | First reported 30 or more days delinquent |
| 2021-02-10 | Transferred to the special servicer |
| 2024-11-01 | 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: Benchmark 2019-B15 Mortgage Trust; JPMDB Commercial Mortgage Securities Trust 2019-COR6.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.