The Promenade at Sacramento (Citigroup Commercial Mortgage Trust 2019-GC41)

Property, terms, monthly financial history and surveillance record for a loan in Citigroup Commercial Mortgage Trust 2019-GC41.

Data as of loan data through November 2019; ratings as held in the dataset at 2026-10-15

← Citigroup Commercial Mortgage Trust 2019-GC41 (segment D09, CIK 1258361) · Loan annex · CMBS market

Deal: Citigroup Commercial Mortgage Trust 2019-GC41 (segment D09, CIK 1258361)
Current balance: $37.5M (November 2019)
Share of deal: 4.0%
Status: Current
DSCR (latest): not yet reported
Occupancy (latest): not yet reported
Scheduled maturity: 2024-10-06

Property and terms

Property	The Promenade at Sacramento
Address	3521, 3551, 3571, 3611, 3635, and 3668 North Freeway Boulevard; Sacramento, CA 95834
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	283,341
Year built	not yet reported
Year last renovated	not yet reported
Original balance	$51.5M
Current balance	$37.5M (November 2019)
Share of deal balance	4.0%
Interest rate at origination	3.64%
Current interest rate	3.89%
Origination date	07-01-2019
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2024-10-06
Prepayment lockout end	not yet reported
Yield maintenance end	01-05-2029
Servicer	Wells Fargo
Loan servicer	not yet reported
Originator	Goldman Sachs Bank USA
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$150.0M	not yet reported	MAI

Largest tenants

Tenant	Square feet	Lease expiration
Best Buy	30,211	03-31-2022
Bed Bath & Beyond	28,007	01-31-2022
Barnes & Noble	26,000	01-31-2021

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
August 2019	$51.5M	Current	3.64%	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 2019	$37.5M	Current	3.89%	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.

Status timeline

Date	Event
2024-10-06	Scheduled maturity passed; the loan is still reported, with status Current in November 2019

Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.