← CF 2019-CF2 Mortgage Trust · Loan annex · CMBS market
- Deal
- CF 2019-CF2 Mortgage Trust
- Current balance
- $15.0M (October 2019)
- Share of deal
- not yet reported
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2024-07-06
Property and terms
| Property | The Centre |
| Address | 695 Anderson Avenue; Cliffside Park, NJ 07010 |
| Property type | Multifamily |
| Units, beds or keys | 314 |
| Net rentable square feet | not yet reported |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $15.0M |
| Current balance | $15.0M (October 2019) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 5.68% |
| Current interest rate | 5.68% |
| Origination date | 06-28-2019 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2024-07-06 |
| Prepayment lockout end | 04-05-2024 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| 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 | $188.2M | 04-12-2019 | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 2019 | $15.0M | Current | 5.68% | 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 |
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 |
|---|---|
| 2024-07-06 | Scheduled maturity passed; the loan is still reported, with status Current in October 2019 |
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-B12 Mortgage Trust; Citigroup Commercial Mortgage Trust 2019-GC41 (segment D01, CIK 1783287).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.