← Citigroup Commercial Mortgage Trust 2019-GC43 · Loan annex · CMBS market
- Deal
- Citigroup Commercial Mortgage Trust 2019-GC43
- Current balance
- not yet reported
- Share of deal
- not yet reported
- Status
- not yet reported
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2029-08-21
Property and terms
| Property | 222 KEARNY STREET |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 1908 |
| Year last renovated | 2019 |
| Original balance | $23.8M |
| Current balance | not yet reported |
| Share of deal balance | not yet reported |
| Interest rate at origination | 3.30% |
| Current interest rate | 0.00% |
| Origination date | 08-21-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-08-21 |
| Prepayment lockout end | 06-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $74.8M | 07-12-2019 | MAI |
| Most recent reported | $18.3M | 2024-06-13 | MAI |
Change from securitization to the most recent reported valuation: -75.5%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| KIMPTON HOTEL & RESTAURANT | 24,737 | 06-30-2021 |
| WEWORK | 17,732 | 10-31-2033 |
| ETHOS LENDING, LLC | 14,826 | 04-30-2024 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2019 | $23.8M | Current | 3.30% | 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 2020 | $23.8M | Current | 3.30% | 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 |
| February 2020 | $23.8M | Current | 3.30% | 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 |
| March 2020 | $23.8M | Current | 3.30% | 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 2020 | $23.8M | Current | 3.30% | 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 |
| May 2020 | $23.8M | Current | 3.30% | 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 |
| June 2020 | $23.8M | Current | 3.30% | 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 2020 | $23.8M | Current | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| August 2020 | $23.8M | Current | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| September 2020 | $23.8M | Current | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| October 2020 | $23.8M | Current | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| November 2020 | $23.8M | Current | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| December 2020 | $23.8M | Current | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| January 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 3.84 | 3.99 | 100% | $0 | 03-31-2020 | $11.8M | $5.5M | $6.3M | $6.1M |
| February 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 4.11 | 4.26 | 100% | $67,413 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| March 2021 | $23.8M | Current | 3.30% | 4.11 | 4.26 | 100% | $0 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| April 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 4.11 | 4.26 | 100% | $67,413 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| May 2021 | $23.8M | Current | 3.30% | 4.11 | 4.26 | 100% | $0 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| June 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 4.11 | 4.26 | 100% | $0 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| July 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 4.11 | 4.26 | 100% | $65,238 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| August 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 4.11 | 4.26 | 100% | $0 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| September 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 4.11 | 4.26 | 100% | $0 | 09-30-2020 | $8.4M | $3.3M | $5.1M | $4.9M |
| October 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 3.98 | 4.13 | 91% | $0 | 06-30-2021 | $6.3M | $3.0M | $3.3M | $3.2M |
| November 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 3.98 | 4.13 | 91% | $65,238 | 06-30-2021 | $6.3M | $3.0M | $3.3M | $3.2M |
| December 2021 | $23.8M | Matured balloon, non-performing | 3.30% | 3.98 | 4.13 | 91% | $0 | 06-30-2021 | $6.3M | $3.0M | $3.3M | $3.2M |
| January 2022 | $23.8M | Matured balloon, non-performing | 3.30% | 3.42 | 3.57 | 85% | $0 | 09-30-2021 | $8.7M | $4.4M | $4.3M | $4.1M |
| February 2022 | $23.8M | Current | 3.30% | 3.42 | 3.57 | 85% | $0 | 09-30-2021 | $8.7M | $4.4M | $4.3M | $4.1M |
| March 2022 | $23.8M | Current | 3.30% | 3.42 | 3.57 | 85% | $0 | 09-30-2021 | $8.7M | $4.4M | $4.3M | $4.1M |
| April 2022 | $23.8M | Current | 3.30% | 3.42 | 3.57 | 85% | $0 | 09-30-2021 | $8.7M | $4.4M | $4.3M | $4.1M |
| May 2022 | $23.8M | Current | 3.30% | 3.42 | 3.57 | 85% | $0 | 09-30-2021 | $8.7M | $4.4M | $4.3M | $4.1M |
| June 2022 | $23.8M | Current | 3.30% | 3.42 | 3.57 | 85% | $0 | 09-30-2021 | $8.7M | $4.4M | $4.3M | $4.1M |
| July 2022 | $23.8M | Current | 3.30% | 2.08 | 2.23 | 86% | $0 | 03-31-2022 | $2.4M | $1.6M | $887,703 | $827,586 |
| August 2022 | $23.8M | Current | 3.30% | 2.08 | 2.23 | 86% | $0 | 03-31-2022 | $2.4M | $1.6M | $887,703 | $827,586 |
| September 2022 | $23.8M | Current | 3.30% | 2.08 | 2.23 | 86% | $0 | 03-31-2022 | $2.4M | $1.6M | $887,703 | $827,586 |
| October 2022 | $23.8M | Current | 3.30% | 2.31 | 2.46 | 86% | $0 | 06-30-2022 | $5.0M | $3.1M | $2.0M | $1.8M |
| November 2022 | $23.8M | Current | 3.30% | 2.31 | 2.46 | 86% | $0 | 06-30-2022 | $5.0M | $3.1M | $2.0M | $1.8M |
| December 2022 | $23.8M | Current | 3.30% | 2.31 | 2.46 | 86% | $0 | 06-30-2022 | $5.0M | $3.1M | $2.0M | $1.8M |
| January 2023 | $23.8M | Current | 3.30% | 2.35 | 2.51 | 79% | $0 | 09-30-2022 | $7.6M | $4.6M | $3.0M | $2.8M |
| February 2023 | $23.8M | Current | 3.30% | 2.35 | 2.51 | 79% | $0 | 09-30-2022 | $7.6M | $4.6M | $3.0M | $2.8M |
| March 2023 | $23.8M | Current | 3.30% | 2.35 | 2.51 | 79% | $0 | 09-30-2022 | $7.6M | $4.6M | $3.0M | $2.8M |
| April 2023 | $23.8M | Current | 3.30% | 2.30 | 2.45 | 79% | $0 | 12-31-2022 | $9.9M | $6.0M | $3.9M | $3.7M |
| June 2023 | $23.8M | Current | 3.30% | 2.30 | 2.45 | 79% | $0 | 12-31-2022 | $9.9M | $6.0M | $3.9M | $3.7M |
| July 2023 | $23.8M | Current | 3.30% | 2.30 | 2.45 | 79% | $0 | 12-31-2022 | $9.9M | $6.0M | $3.9M | $3.7M |
| August 2023 | $23.8M | Matured balloon, non-performing | 3.30% | 1.73 | 1.88 | 73% | $67,413 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| September 2023 | $23.8M | 30-59 days delinquent | 3.30% | 1.73 | 1.88 | 73% | $134,826 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| October 2023 | $23.8M | 60-89 days delinquent | 3.30% | 1.73 | 1.88 | 73% | $200,064 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| November 2023 | $23.8M | 90+ days delinquent | 3.30% | 1.73 | 1.88 | 73% | $267,477 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| December 2023 | $23.8M | 90+ days delinquent | 3.30% | 1.73 | 1.88 | 73% | $332,715 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| January 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.73 | 1.88 | 73% | $400,128 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| February 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.73 | 1.88 | 73% | $467,541 | 03-31-2023 | $2.2M | $1.4M | $746,407 | $686,290 |
| March 2024 | $23.8M | 30-59 days delinquent | 3.30% | 1.72 | 1.87 | 65% | $130,477 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| April 2024 | $23.8M | 60-89 days delinquent | 3.30% | 1.72 | 1.87 | 65% | $197,889 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| May 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.72 | 1.87 | 65% | $246,818 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| June 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.72 | 1.87 | 65% | $314,231 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| July 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.72 | 1.87 | 65% | $346,307 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| August 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.72 | 1.87 | 65% | $396,866 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| September 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.72 | 1.87 | 65% | $447,426 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| October 2024 | $23.8M | 90+ days delinquent | 3.30% | 1.72 | 1.87 | 65% | $496,355 | 09-30-2023 | $6.4M | $4.2M | $2.2M | $2.1M |
| November 2024 | $23.8M | 90+ days delinquent | 3.30% | -0.15 | 0.00 | 28% | $518,536 | 06-30-2024 | $2.7M | $2.7M | $1,251 | $-118,983 |
| December 2024 | $23.8M | 90+ days delinquent | 3.30% | -0.15 | 0.00 | 28% | $540,003 | 06-30-2024 | $2.7M | $2.7M | $1,251 | $-118,983 |
| January 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.15 | 0.00 | 28% | $562,184 | 06-30-2024 | $2.7M | $2.7M | $1,251 | $-118,983 |
| February 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.15 | 0.00 | 28% | $584,366 | 06-30-2024 | $2.7M | $2.7M | $1,251 | $-118,983 |
| March 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $645,255 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| April 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $626,583 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| May 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $648,049 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| June 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $715,462 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| July 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $691,697 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| August 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $713,879 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| September 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $736,061 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| October 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $757,527 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| November 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $779,709 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| December 2025 | $23.8M | 90+ days delinquent | 3.30% | -0.54 | -0.38 | 32% | $801,175 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| January 2026 | $0 | Current | 3.30% | -0.54 | -0.38 | 32% | $0 | 09-30-2024 | $5.0M | $5.6M | $-611,396 | $-851,863 |
| February 2026 | not yet reported | not yet reported | 0.00% | 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 |
| March 2026 | not yet reported | not yet reported | 0.00% | 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 |
| April 2026 | not yet reported | not yet reported | 0.00% | 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 |
| May 2026 | not yet reported | not yet reported | 0.00% | 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 |
| June 2026 | not yet reported | not yet reported | 0.00% | 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 |
| July 2026 | not yet reported | not yet reported | 0.00% | 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 |
| August 2026 | not yet reported | not yet reported | 0.00% | 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 |
| September 2026 | not yet reported | not yet reported | 0.00% | 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 |
|---|---|
| 2023-07-20 | Transferred to the special servicer |
| 2023-08-15 | Transferred to the special servicer |
| September 2023 | First reported 30 or more days delinquent |
| 2026-01-07 | Liquidated; realized loss $20.2M |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.