← COMM 2019-GC44 Mortgage Trust · Loan annex · CMBS market
- Deal
- COMM 2019-GC44 Mortgage Trust
- Current balance
- $32.6M (September 2026)
- Share of deal
- 3.7%
- Status
- Matured balloon, non-performing
- DSCR (latest)
- 1.38
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2029-11-06
Property and terms
| Property | The Elston Retail Collection |
| Address | 2100 N Elston Avenue; Chicago, IL 60614 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 178,704 |
| Year built | 2004 |
| Year last renovated | not yet reported |
| Original balance | $40.0M |
| Current balance | $32.6M (September 2026) |
| Share of deal balance | 3.7% |
| Interest rate at origination | 3.65% |
| Current interest rate | 3.65% |
| Origination date | 10-31-2019 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 09-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | HFF |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Matured balloon, non-performing |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $105.0M | 09-04-2019 | MAI |
| Most recent reported | $105.0M | 2019-09-04 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Kohl's-2140 | 128,234 | 12-31-2030 |
| Best Buy - 2100 | 45,720 | 01-31-2031 |
| BMO/Harris Bank | 4,750 | 08-31-2030 |
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 | $39.9M | Current | 3.65% | 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 | $39.8M | Current | 3.65% | 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 |
| February 2020 | $39.8M | Current | 3.65% | 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 2020 | $39.7M | Current | 3.65% | 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 2020 | $39.6M | Current | 3.65% | 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 2020 | $39.5M | Current | 3.65% | 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 2020 | $39.4M | Current | 3.65% | 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 | $39.4M | Current | 3.65% | 1.34 | 1.36 | 100% | $0 | 03-31-2020 | $6.1M | $243,376 | $5.8M | $5.7M |
| August 2020 | $39.3M | Current | 3.65% | 1.34 | 1.36 | 100% | $0 | 03-31-2020 | $6.1M | $243,376 | $5.8M | $5.7M |
| September 2020 | $39.2M | Current | 3.65% | 1.35 | 1.37 | 100% | $0 | 06-30-2020 | $6.1M | $244,849 | $5.9M | $5.8M |
| October 2020 | $39.1M | Current | 3.65% | 1.35 | 1.37 | 100% | $0 | 06-30-2020 | $6.1M | $244,849 | $5.9M | $5.8M |
| November 2020 | $39.0M | Current | 3.65% | 1.35 | 1.37 | 100% | $0 | 06-30-2020 | $6.1M | $244,849 | $5.9M | $5.8M |
| December 2020 | $38.9M | Current | 3.65% | 1.35 | 1.37 | 100% | $0 | 06-30-2020 | $6.1M | $244,849 | $5.9M | $5.8M |
| January 2021 | $38.9M | Current | 3.65% | 1.35 | 1.37 | 100% | $0 | 06-30-2020 | $6.1M | $244,849 | $5.9M | $5.8M |
| February 2021 | $38.8M | Current | 3.65% | 1.37 | 1.39 | 100% | $0 | 09-30-2020 | $6.2M | $248,025 | $5.9M | $5.8M |
| March 2021 | $38.7M | Current | 3.65% | 1.37 | 1.39 | 100% | $0 | 09-30-2020 | $6.2M | $248,025 | $5.9M | $5.8M |
| April 2021 | $38.6M | Current | 3.65% | 1.37 | 1.39 | 100% | $0 | 09-30-2020 | $6.2M | $248,025 | $5.9M | $5.8M |
| May 2021 | $38.5M | Current | 3.65% | 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 2021 | $38.4M | Current | 3.65% | 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 2021 | $38.3M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 03-31-2021 | $1.6M | $63,144 | $1.5M | $1.5M |
| August 2021 | $38.3M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 03-31-2021 | $1.6M | $63,144 | $1.5M | $1.5M |
| September 2021 | $38.2M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 03-31-2021 | $1.6M | $63,144 | $1.5M | $1.5M |
| October 2021 | $38.1M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 06-30-2021 | $6.3M | $252,575 | $6.1M | $6.0M |
| November 2021 | $38.0M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 06-30-2021 | $6.3M | $252,575 | $6.1M | $6.0M |
| December 2021 | $37.9M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 09-30-2021 | $6.3M | $252,575 | $6.1M | $6.0M |
| January 2022 | $37.8M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 09-30-2021 | $6.3M | $252,575 | $6.1M | $6.0M |
| February 2022 | $37.8M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 09-30-2021 | $6.3M | $252,575 | $6.1M | $6.0M |
| March 2022 | $37.7M | Current | 3.65% | 2.47 | 2.51 | not yet reported | $0 | 12-31-2021 | $6.3M | $189,431 | $6.1M | $6.0M |
| April 2022 | $37.6M | Current | 3.65% | 2.47 | 2.51 | not yet reported | $0 | 12-31-2021 | $6.3M | $189,431 | $6.1M | $6.0M |
| May 2022 | $37.5M | Current | 3.65% | 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 2022 | $37.4M | Current | 3.65% | 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 2022 | $37.3M | Current | 3.65% | 2.45 | 2.48 | 100% | $0 | 03-31-2022 | $1.6M | $63,550 | $1.5M | $1.5M |
| August 2022 | $37.2M | Current | 3.65% | 2.45 | 2.48 | 100% | $0 | 03-31-2022 | $1.6M | $63,550 | $1.5M | $1.5M |
| September 2022 | $37.1M | Current | 3.65% | 2.45 | 2.48 | 100% | $0 | 03-31-2022 | $1.6M | $63,550 | $1.5M | $1.5M |
| October 2022 | $37.0M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 06-30-2022 | $6.3M | $253,387 | $6.1M | $6.0M |
| November 2022 | $37.0M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 06-30-2022 | $6.3M | $253,387 | $6.1M | $6.0M |
| December 2022 | $36.9M | Current | 3.65% | 1.40 | 1.42 | 100% | $0 | 06-30-2022 | $6.3M | $253,387 | $6.1M | $6.0M |
| January 2023 | $36.8M | Current | 3.65% | 2.49 | 2.53 | 100% | $0 | 09-30-2022 | $6.4M | $195,217 | $6.2M | $6.1M |
| February 2023 | $36.7M | Current | 3.65% | 2.49 | 2.53 | 100% | $0 | 09-30-2022 | $6.4M | $195,217 | $6.2M | $6.1M |
| March 2023 | $36.6M | Current | 3.65% | 2.49 | 2.53 | 100% | $0 | 09-30-2022 | $6.4M | $195,217 | $6.2M | $6.1M |
| April 2023 | $36.5M | Current | 3.65% | 2.49 | 2.53 | 100% | $0 | 12-31-2022 | $6.4M | $194,386 | $6.2M | $6.1M |
| May 2023 | $36.4M | Current | 3.65% | 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 2023 | $36.3M | Current | 3.65% | 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 2023 | $36.2M | Current | 3.65% | 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 |
| August 2023 | $36.2M | Matured balloon, non-performing | 3.65% | 1.44 | 1.46 | 100% | $203,092 | 03-31-2023 | $1.6M | $66,719 | $1.6M | $1.5M |
| September 2023 | $36.2M | 30-59 days delinquent | 3.65% | 1.44 | 1.46 | 100% | $406,184 | 03-31-2023 | $1.6M | $66,719 | $1.6M | $1.5M |
| October 2023 | $36.1M | 30-59 days delinquent | 3.65% | 1.43 | 1.45 | 100% | $406,199 | 06-30-2023 | $6.5M | $263,131 | $6.2M | $6.1M |
| November 2023 | $36.1M | 60-89 days delinquent | 3.65% | 1.43 | 1.45 | 100% | $609,294 | 06-30-2023 | $6.5M | $263,131 | $6.2M | $6.1M |
| December 2023 | $36.1M | 90+ days delinquent | 3.65% | 2.48 | 2.52 | not yet reported | $812,402 | 09-30-2023 | $6.4M | $264,610 | $6.2M | $6.1M |
| January 2024 | $35.8M | Matured balloon, non-performing | 3.65% | 2.48 | 2.52 | not yet reported | $203,097 | 09-30-2023 | $6.4M | $264,610 | $6.2M | $6.1M |
| February 2024 | $35.8M | 30-59 days delinquent | 3.65% | 2.48 | 2.52 | not yet reported | $406,194 | 09-30-2023 | $6.4M | $264,610 | $6.2M | $6.1M |
| March 2024 | $35.5M | Current | 3.65% | 2.48 | 2.52 | not yet reported | $0 | 09-30-2023 | $6.4M | $264,610 | $6.2M | $6.1M |
| April 2024 | $35.4M | Current | 3.65% | 2.46 | 2.50 | 100% | $0 | 12-31-2023 | $6.3M | $208,660 | $6.1M | $6.0M |
| May 2024 | $35.3M | Current | 3.65% | 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 2024 | $35.2M | Current | 3.65% | 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 2024 | $35.1M | Current | 3.65% | 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 |
| August 2024 | $35.0M | Current | 3.65% | 1.46 | 1.48 | not yet reported | $0 | 03-31-2024 | $1.6M | $369 | $1.6M | $1.6M |
| September 2024 | $34.9M | Current | 3.65% | 1.46 | 1.48 | not yet reported | $0 | 03-31-2024 | $1.6M | $369 | $1.6M | $1.6M |
| October 2024 | $34.8M | Current | 3.65% | 1.46 | 1.48 | 100% | $0 | 03-31-2024 | $1.6M | $369 | $1.6M | $1.6M |
| November 2024 | $34.7M | Current | 3.65% | 2.47 | 2.51 | 100% | $0 | 06-30-2024 | $6.3M | $190,370 | $6.1M | $6.0M |
| December 2024 | $34.6M | Current | 3.65% | 2.47 | 2.51 | 100% | $0 | 06-30-2024 | $6.3M | $190,370 | $6.1M | $6.0M |
| January 2025 | $34.6M | Matured balloon, non-performing | 3.65% | 2.47 | 2.51 | 100% | $203,109 | 09-30-2024 | $6.3M | $190,524 | $6.1M | $6.0M |
| February 2025 | $34.5M | Matured balloon, non-performing | 3.65% | 2.47 | 2.51 | 100% | $203,110 | 09-30-2024 | $6.3M | $190,524 | $6.1M | $6.0M |
| March 2025 | $34.3M | Current | 3.65% | 2.47 | 2.51 | 100% | $0 | 09-30-2024 | $6.3M | $190,524 | $6.1M | $6.0M |
| April 2025 | $34.3M | Matured balloon, non-performing | 3.65% | 1.41 | 1.43 | not yet reported | $203,112 | 12-31-2024 | $6.3M | $190,550 | $6.1M | $6.0M |
| May 2025 | $34.1M | Current | 3.65% | 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 2025 | $34.1M | Current | 3.65% | 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 2025 | $34.0M | Current | 3.65% | 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 |
| August 2025 | $33.9M | Current | 3.65% | 1.45 | 1.47 | 100% | $0 | 03-31-2025 | $1.6M | $1,955 | $1.6M | $1.5M |
| September 2025 | $33.9M | Matured balloon, non-performing | 3.65% | 1.45 | 1.47 | 100% | $203,117 | 03-31-2025 | $1.6M | $1,955 | $1.6M | $1.5M |
| October 2025 | $33.7M | Current | 3.65% | 2.29 | 2.33 | 100% | $0 | 06-30-2025 | $5.9M | $188,508 | $5.7M | $5.6M |
| November 2025 | $33.7M | Matured balloon, non-performing | 3.65% | 2.29 | 2.33 | 100% | $203,119 | 06-30-2025 | $5.9M | $188,508 | $5.7M | $5.6M |
| December 2025 | $33.6M | Matured balloon, non-performing | 3.65% | 2.29 | 2.33 | 100% | $203,132 | 06-30-2025 | $5.9M | $188,508 | $5.7M | $5.6M |
| January 2026 | $33.5M | Matured balloon, non-performing | 3.65% | 2.29 | 2.33 | 100% | $203,122 | 06-30-2025 | $5.9M | $188,508 | $5.7M | $5.6M |
| February 2026 | $33.4M | Matured balloon, non-performing | 3.65% | 1.35 | 1.37 | 100% | $203,123 | 09-30-2025 | $5.9M | $20,114 | $5.8M | $5.8M |
| March 2026 | $33.2M | Current | 3.65% | 1.35 | 1.37 | 100% | $0 | 09-30-2025 | $5.9M | $20,114 | $5.8M | $5.8M |
| April 2026 | $33.1M | Current | 3.65% | 2.29 | 2.33 | 100% | $0 | 12-31-2025 | $5.9M | $185,706 | $5.7M | $5.6M |
| May 2026 | $32.9M | Current | 3.65% | 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 2026 | $32.8M | Current | 3.65% | 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 2026 | $32.8M | Matured balloon, non-performing | 3.65% | not yet reported | not yet reported | not yet reported | $203,140 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $32.7M | Matured balloon, non-performing | 3.65% | 1.38 | 1.40 | 100% | $203,411 | 03-31-2026 | $1.5M | $7,498 | $1.5M | $1.5M |
| September 2026 | $32.6M | Matured balloon, non-performing | 3.65% | 1.38 | 1.40 | 100% | $203,411 | 03-31-2026 | $1.5M | $7,498 | $1.5M | $1.5M |
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 |
|---|---|
| September 2023 | First reported 30 or more days delinquent |
| 2023-11-30 | 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-B15 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.