Benchmark 2019-B9 Mortgage Trust (segment D02, CIK 1764759)
Current balance
$7.5M (January 2022)
Share of deal
0.9%
Status
Current
DSCR (latest)
1.04
Occupancy (latest)
100%
Scheduled maturity
2029-02-06
Property and terms
Property
Loan 38
Address
Brooklyn, NY
Property type
Mixed use
Units, beds or keys
not yet reported
Net rentable square feet
not yet reported
Year built
1931
Year last renovated
2017
Original balance
$7.5M
Current balance
$7.5M (January 2022)
Share of deal balance
0.9%
Interest rate at origination
5.10%
Current interest rate
5.10%
Origination date
01-09-2019
Original term
120 months
Amortization term
not yet reported
Interest-only period
120 months
Scheduled maturity
2029-02-06
Prepayment lockout end
12-05-2028
Yield maintenance end
not yet reported
Servicer
Wells Fargo Bank, NA
Loan servicer
not yet reported
Originator
Citi Real Estate Funding Inc.
Current status
Current
Specially serviced now
No
Defeased
No
Valuation
Basis
Amount
Date
Source (as filed)
At securitization
$11.5M
10-19-2018
MAI
Largest tenants
Tenant
Square feet
Lease expiration
ALL YEAR MANAGEMENT
5,500
06-30-2033
CHAI HEALTH CARE
5,000
06-30-2037
PREVENTIVE DIAGNOSTICS
5,000
02-28-2033
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 2020
$7.5M
Matured balloon, non-performing
5.10%
not yet reported
not yet reported
not yet reported
$31,859
not yet reported
not yet reported
not yet reported
not yet reported
not yet reported
December 2020
$7.5M
30-59 days delinquent
5.10%
not yet reported
not yet reported
not yet reported
$32,921
not yet reported
not yet reported
not yet reported
not yet reported
not yet reported
February 2021
$7.5M
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
April 2021
$7.5M
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
July 2021
$7.5M
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
August 2021
$7.5M
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
October 2021
$7.5M
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
November 2021
$7.5M
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
January 2022
$7.5M
Current
5.10%
1.04
1.13
100%
$0
09-30-2021
$473,488
$145,857
$327,631
$302,089
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
December 2020
First reported 30 or more days delinquent
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.