← CF 2019-CF2 Mortgage Trust · Loan annex · CMBS market
- Deal
- CF 2019-CF2 Mortgage Trust
- Current balance
- $15.0M (October 2025)
- Share of deal
- not yet reported
- Status
- Foreclosure
- DSCR (latest)
- 1.48
- Occupancy (latest)
- 97%
- 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 2025) |
| 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 | not yet reported |
| Scheduled maturity | 2024-07-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | CCRE |
| Current status | Foreclosure |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $188.2M | 04-12-2019 | not yet reported |
| Most recent reported | $161.1M | 2024-10-23 | MAI |
Change from securitization to the most recent reported valuation: -14.4%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2019 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2019 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| April 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2020 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2020 | $15.0M | Matured balloon, non-performing | 5.68% | 0.00 | 0.00 | 0% | $70,959 | not yet reported | $0 | $0 | $0 | $0 |
| November 2020 | $15.0M | Matured balloon, non-performing | 5.68% | 1.13 | 1.15 | 91% | $73,324 | 06-30-2020 | $4.8M | $1.5M | $3.4M | $3.3M |
| December 2020 | $15.0M | not yet reported | 5.68% | 1.13 | 1.15 | 91% | $0 | 06-30-2020 | $4.8M | $1.5M | $3.4M | $3.3M |
| January 2021 | $15.0M | not yet reported | 5.68% | 1.13 | 1.15 | 91% | $0 | 06-30-2020 | $4.8M | $1.5M | $3.4M | $3.3M |
| February 2021 | $15.0M | not yet reported | 5.68% | 1.16 | 1.17 | 91% | $0 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| March 2021 | $15.0M | not yet reported | 5.68% | 1.16 | 1.17 | 94% | $0 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| April 2021 | $15.0M | not yet reported | 5.68% | 1.16 | 1.17 | 94% | $0 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| May 2021 | $15.0M | Matured balloon, non-performing | 5.68% | 1.16 | 1.17 | 94% | $70,959 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| June 2021 | $15.0M | not yet reported | 5.68% | 1.16 | 1.17 | 94% | $0 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| July 2021 | $15.0M | not yet reported | 5.68% | 1.16 | 1.17 | 94% | $0 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| August 2021 | $15.0M | not yet reported | 5.68% | 1.16 | 1.17 | 94% | $0 | 09-30-2020 | $7.4M | $2.2M | $5.2M | $5.1M |
| September 2021 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2021 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2021 | $15.0M | Matured balloon, non-performing | 5.68% | 0.00 | 0.00 | 96% | $73,324 | not yet reported | $0 | $0 | $0 | $0 |
| December 2021 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| April 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 94% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 94% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 94% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2022 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 98% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2022 | $15.0M | not yet reported | 5.68% | 1.37 | 1.38 | 98% | $0 | 06-30-2022 | $5.5M | $1.4M | $4.1M | $4.0M |
| November 2022 | $15.0M | not yet reported | 5.68% | 1.37 | 1.38 | 98% | $0 | 06-30-2022 | $5.5M | $1.4M | $4.1M | $4.0M |
| December 2022 | $15.0M | not yet reported | 5.68% | 1.37 | 1.38 | 98% | $0 | 06-30-2022 | $5.5M | $1.4M | $4.1M | $4.0M |
| January 2023 | $15.0M | not yet reported | 5.68% | 1.39 | 1.41 | 98% | $0 | 09-30-2022 | $8.3M | $2.0M | $6.2M | $6.2M |
| February 2023 | $15.0M | not yet reported | 5.68% | 1.39 | 1.41 | 98% | $0 | 09-30-2022 | $8.3M | $2.0M | $6.2M | $6.2M |
| March 2023 | $15.0M | not yet reported | 5.68% | 1.39 | 1.41 | 98% | $0 | 09-30-2022 | $8.3M | $2.0M | $6.2M | $6.2M |
| April 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2023 | $15.0M | not yet reported | 5.68% | 0.00 | 0.00 | 96% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2024 | $15.0M | not yet reported | 5.68% | 1.41 | 1.42 | 96% | $0 | 12-31-2022 | $11.0M | $2.6M | $8.4M | $8.3M |
| February 2024 | $15.0M | not yet reported | 5.68% | 1.41 | 1.42 | 96% | $0 | 12-31-2022 | $11.0M | $2.6M | $8.4M | $8.3M |
| March 2024 | $15.0M | not yet reported | 5.68% | 1.41 | 1.42 | 96% | $0 | 12-31-2022 | $11.0M | $2.6M | $8.4M | $8.3M |
| April 2024 | $15.0M | not yet reported | 5.68% | 1.41 | 1.42 | 96% | $0 | 12-31-2022 | $11.0M | $2.6M | $8.4M | $8.3M |
| May 2024 | $15.0M | not yet reported | 5.68% | 1.41 | 1.42 | 96% | $0 | 12-31-2022 | $11.0M | $2.6M | $8.4M | $8.3M |
| June 2024 | $15.0M | not yet reported | 5.68% | 1.41 | 1.42 | 96% | $0 | 12-31-2022 | $11.0M | $2.6M | $8.4M | $8.3M |
| July 2024 | $15.0M | Real estate owned (REO) | 5.68% | 1.48 | 1.49 | 96% | $70,959 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| August 2024 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| September 2024 | $15.0M | Real estate owned (REO) | 5.68% | 1.48 | 1.49 | 96% | $73,324 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| October 2024 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| November 2024 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| December 2024 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| January 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| February 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| March 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| April 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| May 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| June 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 96% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| July 2025 | $15.0M | Real estate owned (REO) | 5.68% | 1.48 | 1.49 | 96% | $70,990 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| August 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 97% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| September 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 97% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
| October 2025 | $15.0M | Foreclosure | 5.68% | 1.48 | 1.49 | 97% | $0 | 03-31-2024 | $735,763 | $185,515 | $550,248 | $545,342 |
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 |
|---|---|
| July 2024 | First reported 30 or more days delinquent |
| 2024-07-06 | Scheduled maturity passed; the loan is still reported, with status Foreclosure in October 2025 |
| 2024-09-05 | 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: 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.