← GS Mortgage Securities Trust 2019-GC42 · Loan annex · CMBS market
- Deal
- GS Mortgage Securities Trust 2019-GC42
- Current balance
- $62.5M (September 2026)
- Share of deal
- 6.5%
- Status
- Foreclosure
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2024-09-06
Property and terms
| Property | North Point Tower |
| Address | 901 & 1001 Lakeside Ave E 1111 East Ninth St; Cleveland Hts, OH 44114 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 873,846 |
| Year built | 1985 |
| Year last renovated | 2019 |
| Original balance | $65.5M |
| Current balance | $62.5M (September 2026) |
| Share of deal balance | 6.5% |
| Interest rate at origination | 3.30% |
| Current interest rate | 3.30% |
| Origination date | 08-09-2019 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2024-09-06 |
| Prepayment lockout end | 05-05-2024 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Foreclosure |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $145.3M | 07-18-2019 | MAI |
| Most recent reported | $79.2M | 2026-04-28 | MAI |
Change from securitization to the most recent reported valuation: -45.5%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Jones Day | 342,641 | 06-30-2026 |
| United States of America | 76,446 | 05-31-2026 |
| Ernst & Young U.S. LLP | 44,483 | 11-30-2030 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 2019 | $65.5M | Current | 3.30% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | $8.4M | not yet reported | not yet reported |
| October 2019 | $65.5M | Current | 3.30% | 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 |
| November 2019 | $65.5M | Current | 3.30% | 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 |
| December 2019 | $65.5M | Current | 3.30% | 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 |
| January 2020 | $65.5M | Current | 3.30% | 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 | $65.5M | Current | 3.30% | 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 | $65.5M | Matured balloon, performing | 3.30% | not yet reported | not yet reported | not yet reported | $173,461 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2020 | $65.5M | Current | 3.30% | 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 | $65.5M | Current | 3.30% | 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 | $65.5M | 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 | $65.5M | 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 |
| August 2020 | $65.5M | 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 |
| September 2020 | $65.5M | 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 |
| October 2020 | $65.5M | 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 |
| November 2020 | $65.5M | Matured balloon, performing | 3.30% | 2.27 | 2.32 | 80% | $185,424 | 06-30-2020 | $16.6M | $9.6M | $7.1M | $6.9M |
| December 2020 | $75.0M | Current | 3.63% | 1.75 | 1.77 | 100% | $0 | 09-30-2020 | $12.5M | $4.3M | $8.1M | $8.1M |
| January 2021 | $65.5M | Matured balloon, performing | 3.30% | 2.27 | 2.32 | 80% | $185,424 | 06-30-2020 | $16.6M | $9.6M | $7.1M | $6.9M |
| February 2021 | $65.5M | Current | 3.30% | 2.42 | 2.43 | 80% | $0 | 09-30-2020 | $16.6M | $9.2M | $7.4M | $7.3M |
| March 2021 | $65.5M | Current | 3.30% | 2.42 | 2.43 | 80% | $0 | 09-30-2020 | $16.6M | $9.2M | $7.4M | $7.3M |
| April 2021 | $65.5M | Current | 3.30% | 2.42 | 2.43 | 80% | $0 | 09-30-2020 | $16.6M | $9.2M | $7.4M | $7.3M |
| May 2021 | $65.5M | 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 2021 | $65.5M | 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 2021 | $65.5M | 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 |
| August 2021 | $65.5M | 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 |
| September 2021 | $65.5M | 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 |
| October 2021 | $65.5M | 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 |
| November 2021 | $65.5M | Current | 3.30% | 2.81 | 2.87 | not yet reported | $0 | 06-30-2021 | $18.1M | $9.4M | $8.7M | $8.5M |
| December 2021 | $65.5M | Current | 3.30% | 2.61 | 2.67 | 75% | $0 | 03-31-2021 | $4.3M | $2.3M | $2.0M | $2.0M |
| January 2022 | $65.5M | Current | 3.30% | 2.61 | 2.67 | 75% | $0 | 03-31-2021 | $4.3M | $2.3M | $2.0M | $2.0M |
| February 2022 | $65.5M | Current | 3.30% | 2.46 | 2.68 | 75% | $0 | 09-30-2021 | $16.8M | $8.7M | $8.1M | $7.4M |
| March 2022 | $65.5M | Current | 3.30% | 2.46 | 2.68 | 75% | $0 | 09-30-2021 | $16.8M | $8.7M | $8.1M | $7.4M |
| April 2022 | $65.5M | Current | 3.30% | 2.49 | 2.55 | 73% | $0 | 12-31-2021 | $17.0M | $9.3M | $7.7M | $7.5M |
| May 2022 | $65.5M | 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 2022 | $65.5M | 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 2022 | $65.5M | Current | 3.30% | 2.63 | 2.69 | not yet reported | $0 | 03-31-2022 | $4.3M | $2.3M | $2.0M | $2.0M |
| August 2022 | $65.5M | Current | 3.30% | 2.63 | 2.69 | not yet reported | $0 | 03-31-2022 | $4.3M | $2.3M | $2.0M | $2.0M |
| September 2022 | $65.5M | Current | 3.30% | 2.63 | 2.69 | not yet reported | $0 | 03-31-2022 | $4.3M | $2.3M | $2.0M | $2.0M |
| October 2022 | $65.5M | Current | 3.30% | 2.63 | 2.69 | not yet reported | $0 | 03-31-2022 | $4.3M | $2.3M | $2.0M | $2.0M |
| November 2022 | $65.5M | Current | 3.30% | 2.63 | 2.69 | not yet reported | $0 | 03-31-2022 | $4.3M | $2.3M | $2.0M | $2.0M |
| December 2022 | $65.5M | Current | 3.30% | 2.63 | 2.69 | not yet reported | $0 | 03-31-2022 | $4.3M | $2.3M | $2.0M | $2.0M |
| January 2023 | $65.5M | Current | 3.30% | 2.72 | 2.72 | 79% | $0 | 09-30-2022 | $17.6M | $9.4M | $8.2M | $8.2M |
| February 2023 | $65.5M | Current | 3.30% | 2.72 | 2.72 | 79% | $0 | 09-30-2022 | $17.6M | $9.4M | $8.2M | $8.2M |
| March 2023 | $65.5M | Current | 3.30% | 2.72 | 2.72 | 79% | $0 | 09-30-2022 | $17.6M | $9.4M | $8.2M | $8.2M |
| April 2023 | $65.5M | Current | 3.30% | 2.72 | 2.72 | 79% | $0 | 09-30-2022 | $17.6M | $9.4M | $8.2M | $8.2M |
| May 2023 | $65.5M | 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 2023 | $65.5M | 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 2023 | $65.5M | Current | 3.30% | 3.03 | 3.08 | 80% | $0 | 03-31-2023 | $4.7M | $2.4M | $2.3M | $2.3M |
| August 2023 | $65.5M | Current | 3.30% | 3.03 | 3.08 | 80% | $0 | 03-31-2023 | $4.7M | $2.4M | $2.3M | $2.3M |
| September 2023 | $65.5M | Current | 3.30% | 3.03 | 3.08 | 80% | $0 | 03-31-2023 | $4.7M | $2.4M | $2.3M | $2.3M |
| October 2023 | $65.5M | Current | 3.30% | 2.83 | 2.89 | 80% | $0 | 06-30-2023 | $18.4M | $9.7M | $8.7M | $8.6M |
| November 2023 | $65.5M | Current | 3.30% | 2.83 | 2.89 | 80% | $0 | 06-30-2023 | $18.4M | $9.7M | $8.7M | $8.6M |
| December 2023 | $65.5M | Current | 3.30% | 2.83 | 2.89 | 80% | $0 | 06-30-2023 | $18.4M | $9.7M | $8.7M | $8.6M |
| January 2024 | $65.5M | Current | 3.30% | 2.98 | 3.03 | 81% | $0 | 09-30-2023 | $19.0M | $9.8M | $9.2M | $9.0M |
| February 2024 | $65.5M | Current | 3.30% | 2.98 | 3.03 | 81% | $0 | 09-30-2023 | $19.0M | $9.8M | $9.2M | $9.0M |
| March 2024 | $65.5M | Current | 3.30% | 3.06 | 3.12 | 81% | $0 | 12-31-2023 | $19.3M | $9.9M | $9.4M | $9.3M |
| April 2024 | $65.5M | Current | 3.30% | 3.06 | 3.12 | 81% | $0 | 12-31-2023 | $19.3M | $9.9M | $9.4M | $9.3M |
| May 2024 | $65.5M | 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 2024 | $65.5M | 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 2024 | $65.5M | Current | 3.30% | 3.17 | 3.23 | 79% | $0 | 03-31-2024 | $5.0M | $2.5M | $2.4M | $2.4M |
| August 2024 | $65.5M | Current | 3.30% | 3.17 | 3.23 | 79% | $0 | 03-31-2024 | $5.0M | $2.5M | $2.4M | $2.4M |
| September 2024 | $65.5M | Matured balloon, performing | 3.30% | 3.17 | 3.23 | 79% | $185,424 | 03-31-2024 | $5.0M | $2.5M | $2.4M | $2.4M |
| October 2024 | $65.5M | Real estate owned (REO) | 3.30% | 3.01 | 3.09 | 79% | $364,867 | 06-30-2024 | $19.5M | $10.1M | $9.4M | $9.1M |
| November 2024 | $65.5M | Real estate owned (REO) | 3.30% | 3.01 | 3.09 | 79% | $550,291 | 06-30-2024 | $19.5M | $10.1M | $9.4M | $9.1M |
| December 2024 | $65.5M | Real estate owned (REO) | 3.30% | 3.01 | 3.09 | 79% | $729,734 | 06-30-2024 | $19.5M | $10.1M | $9.4M | $9.1M |
| January 2025 | $65.5M | Real estate owned (REO) | 3.30% | 3.01 | 3.09 | 79% | $185,424 | 06-30-2024 | $19.5M | $10.1M | $9.4M | $9.1M |
| February 2025 | $65.5M | Real estate owned (REO) | 3.30% | 2.71 | 3.13 | 79% | $185,424 | 09-30-2024 | $19.2M | $9.8M | $9.5M | $8.2M |
| March 2025 | $65.5M | Real estate owned (REO) | 3.30% | 2.71 | 3.13 | 79% | $167,480 | 09-30-2024 | $19.2M | $9.8M | $9.5M | $8.2M |
| April 2025 | $65.5M | Real estate owned (REO) | 3.30% | 2.71 | 3.13 | 79% | $352,904 | 09-30-2024 | $19.2M | $9.8M | $9.5M | $8.2M |
| May 2025 | $65.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $441,130 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $65.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $580,198 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $65.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $714,780 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $65.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $853,848 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $65.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $992,916 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $65.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $134,582 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $65.5M | Real estate owned (REO) | 3.30% | 2.67 | 3.09 | 80% | $185,424 | 06-30-2025 | $19.1M | $9.7M | $9.3M | $8.1M |
| December 2025 | $65.5M | Foreclosure | 3.30% | 2.67 | 3.09 | 80% | $0 | 06-30-2025 | $19.1M | $9.7M | $9.3M | $8.1M |
| January 2026 | $64.3M | Real estate owned (REO) | 3.30% | 2.67 | 3.09 | 80% | $159,974 | 06-30-2025 | $19.1M | $9.7M | $9.3M | $8.1M |
| February 2026 | $63.3M | Foreclosure | 3.30% | 2.67 | 3.09 | 80% | $0 | 06-30-2025 | $19.1M | $9.7M | $9.3M | $8.1M |
| March 2026 | $63.3M | Current | 3.30% | 2.67 | 3.09 | 80% | $0 | 06-30-2025 | $19.1M | $9.7M | $9.3M | $8.1M |
| April 2026 | $63.3M | Current | 3.30% | 2.67 | 3.09 | 80% | $0 | 06-30-2025 | $19.1M | $9.7M | $9.3M | $8.1M |
| May 2026 | $63.3M | Foreclosure | 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 2026 | $62.5M | 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 2026 | $62.5M | Real estate owned (REO) | 3.30% | not yet reported | not yet reported | not yet reported | $146,533 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $62.5M | Foreclosure | 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 |
| September 2026 | $62.5M | Foreclosure | 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 |
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 |
|---|---|
| 2024-09-06 | Scheduled maturity passed; the loan is still reported, with status Foreclosure in September 2026 |
| 2024-09-12 | Transferred to the special servicer |
| October 2024 | First reported 30 or more days delinquent |
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-B13 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.