BBCMS 2019-C3 - Charts and Resources
Data discoverability for CMBS deal BBCMS 2019-C3 updated as of 2025-09-05.
2025-09-05
Deal Overview
BBCMS Mortgage Trust 2019-C3's issuance is a U.S. CMBS transaction issued from the BBCMS shelf and backed by 50 commercial mortgage loans with an aggregate principal balance of 541.4 million at issuance, secured by the fee and leasehold interests in 540 properties across 40 U.S. states.CIK
1772527
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassKKR REAL ESTATE CREDIT OPPORTUNITY PARTNERS AGGREGATOR I L.P. (OR ITS AFFILIATE))
Operating AdvisorPentalpha Surveillance
Special ServicerK-Star Asset Management
DepositorBarclays Commercial Mortgage Securities
Master ServicerMidland Loan Services
Special ServicerMidland Loan Services
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$936,969,000Current Trust Amount
$891,421,825Number of Loans
50Number of Properties
540Average Loan Size
$18,739,380Portfolio Characteristics
Weighted Average Interest Rate
4.8%Weighted Average Term
118 monthsOriginal Valuation
$6,724,091,000Current Valuation
$6,310,610,999Key Dates
Origination Date
5/2/2019Latest Valuation
3/12/2025Latest Transfer
10/3/2024Latest Return
5/30/2024Latest Modification
12/20/2021Special Servicing Status
Loans in Special Servicing
4Special Servicing Balance
$59,914,477Loans Returned to Master
2Balance Returned
$39,917,045Avg Time in Special Servicing
712 daysAvg Time to Return
313 daysValuation Changes
Updated Valuations
5Total Updated Value
$567,000,000Value Change Amount
-$370,660,000Value Change Percentage
-169.8%Modifications
Number of Modifications
10Modified Balance
$163,166,318Deal Charts
Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.
Fund Holdings
Explore a list of funds that include BBCMS 2019-C3 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.
Recent 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 BBCMS 2019-C3, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-07-29
123 Whiting Street
Prospectus ID: 50
7/11/2025 - Loan was transferred to Special Servicing on 4/15/24 due to imminent monetary default as the loan was due for the February 2024 payment. The collateral consists of two single-story industrial flex/warehouse buildings totaling 99,709 SF and a stand-alone garage structure. The improvements were constructed in 1910, 1945, and 1950 and all renovated in 2008. PNL has been executed by the Borrower. Negotiations for Borrower to bring the loan current are ongoing as Special Servicer continues to dual track foreclosure and appointment of a receiver. Funds in the lockbox have been applied to past due payments through April 2025. Note is being marketed for sale as of June 2025.
💬 Servicer Commentary
2025-07-29
North Attleboro Shopping Center
Prospectus ID: 40
7/11/2025 - The Loan transferred to special servicing effective 10/7/24 for payment default. The Loan is currently due for the 2/1/25 payment. The loan had previously transferred to special servicing in June 2024 for cash management issues but was returned as a transfer in error. Legal counsel has been engaged and formal demand for past due amounts and cash management cooperation sent to Borrower. Cash management is now in place. The second largest tenant, Walgreens, went dark and did not renew at their 1 2/31/24 expiration. A lease to backfill the Walgreens space has been conditionally approved and is pending execution. Special servicer evaluating rights and remedies. Updated appraisal is being finalized.
💬 Servicer Commentary
2025-07-29
4201 Connecticut Avenue Northwest
Prospectus ID: 16
7/11/2025 - Loan was transferred to special servicing 6/7/2023 due to an Imminent Monetary Default. The loan is secured by a 6-story, 70,658 SF Class B+ office building and a 104-space, subterranean parking garage. Cash management was in place at the time of transfer to SS. Legal counsel has been engaged, the demand notice was sent and the Loan was accelerated. Receiver took control of the property on 11/20/23. Receiver continues to negotiate renewals with current tenants for leases expiring in the near term and pursue tenants for the vacant space. Borrower has not provided a workout proposal to date and has cooperated with the legal process. Loan is paid through March 2025. Lender continues to
* 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.
Get some data
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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CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
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