← CF 2019-CF1 Mortgage Trust · Loan annex · CMBS market
- Deal
- CF 2019-CF1 Mortgage Trust
- Current balance
- $34.0M (April 2019)
- Share of deal
- not yet reported
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2029-05-01
Property and terms
| Property | Amazon Distribution Livonia |
| Address | 39000 Amrhein Road; Livonia, MI 48150 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,009,292 |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $34.0M |
| Current balance | $34.0M (April 2019) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 3.73% |
| Current interest rate | 3.73% |
| Origination date | 04-08-2019 |
| Original term | 121 months |
| Amortization term | not yet reported |
| Interest-only period | 121 months |
| Scheduled maturity | 2029-05-01 |
| Prepayment lockout end | 12-31-2028 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | CCRE Commercial Mortgage Securities, L.P. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $87.5M | 03-14-2019 | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Amazon | 1,009,292 | 09-30-2032 |
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 | $34.0M | Current | 3.73% | 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.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.