BANK 2019-BNK23 - Charts and Resources
Data discoverability for CMBS deal BANK 2019-BNK23 updated as of 2025-03-31.
2025-03-31
Deal Overview
BANK 2019-BNK23's issuance is a U.S. CMBS transaction issued from the BANK shelf and backed by 54 commercial mortgage loans with an aggregate principal balance of 1.3 billion at issuance, secured by the fee and leasehold interests in 110 properties across 26 U.S. states.| Rating Agencies | S&P, Fitch, KBRA | Controlling Class | LD II Holdco IX LLC | Depositor | Morgan Stanley Capital I Inc. | Master Servicer | Trimont | Special Servicer | KeyBank National Association | Operating Advisor | Park Bridge Lender Services | Certificate Administrator | Computershare Trust Company, N.A. | Trustee | Wilmington Trust, National Association |
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Key Deal Information
Core financial metrics and portfolio characteristics of the deal.Original Trust Amount
$1,287,324,236Current Trust Amount
$1,267,118,666(2.0%)
Number of Loans
54Number of Properties
110Average Loan Size
$23,839,338Weighted Average Interest Rate
3.5%Weighted Average Term
120 monthsKey Dates
Timeline of significant events and milestones in the deal's history.Origination Date
11/7/2019Most Recent Valuation Date
7/28/2024Most Recent Transfer Date
10/31/2024Most Recent Return Date
12/28/2020Most Recent Modification Date
5/1/2020Special Servicing
Status and history of loans transferred to special servicing.Loans in Special Servicing
2Special Servicing Balance
$37,019,671Loans Returned to Master
0Balance Returned to Master
N/AAvg Special Servicing Time
251 daysAvg Time to Return to Master
0 daysModifications
Summary of loan modifications and affected balances.Number of Modifications
1Modified Amount
$22,407,585Valuations
Property valuation changes and updates since deal issuance.Total Valuation at Issuance
$8,464,485,000Current Total Valuation
$8,353,185,000Number of Updated Valuations
2Total Updated Valuation
$32,400,000Valuation Change Amount
-$4,500,000Valuation Change Percentage
-42.4%Deal Charts
Fund Holdings
Explore a list of funds that include BANK 2019-BNK23 bonds in their portfolios, sourced directly from the most recent NPORT-P filings on EDGAR SEC.gov. The funds in this table should have a reporting period end date in the future which means the holdings are current as of the most recent filing.* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
Deal Documents
Links to the deal documents for BANK 2019-BNK23.Recent Special Servicing Commentary
Special servicers provide regular updates on the status of troubled loans. Below are recent comments from special servicing reports filed with sec.gov EDGAR for BANK 2019-BNK23, giving insights into the current situation and actions being taken.Loan transferred to Special Servicing on 11/1/2024 due to payment default. Loan is collateralized by a 218,283 SF office property located in Cherry Hill, NJ. As of 9/30/2024, the property was 77.20% occupied. A PNA has been sent to the Borrower, Borrower has yet to execute. A proposal has been received from the Borrower.
2025-03-31
Woodland Falls
Perry Abbonizio
The loan transferred to Special Servicing effective 3/12/2024, due to payment default. The subject properties, 1 Plaza La Prensa & Sena Plaza, consists of a 52,253 SF office property and a 23,167 SF retail property, both located at Santa Fee,
2025-03-31
Portfolio (2 Retail properties)
Revocable Trust Agreement
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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Access the underlying datasets used to power these analytics.CMBS Fund Holdings Dataset
Filing data from sec.gov NPORT-P to produce the Fund Holdings table.
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