BMARK 2019-B11 - Charts and Resources
Data discoverability for CMBS deal BMARK 2019-B11 updated as of 2025-03-27.
2025-03-27
Deal Overview
Benchmark 2019-B11 Mortgage Trust's issuance is a U.S. CMBS transaction issued from the BMARK shelf and backed by 40 commercial mortgage loans with an aggregate principal balance of 852.4 million at issuance, secured by the fee and leasehold interests in 421 properties across 37 U.S. states.| Rating Agencies | S&P, Fitch | Depositor | J.P. Morgan Chase Commercial Mortgage Securities Corp. | Master Servicer | Midland Loan Services | Special Servicer | Rialto Capital Advisors | Operating Advisor | Pentalpha Surveillance | Certificate Administrator | Computershare Trust Company, N.A. | Controlling Class | RREF III Debt AIV, L.P. |
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
$1,099,310,000Current Trust Amount
$1,001,434,132(-17.0%)
Number of Loans
40Number of Properties
421Average Loan Size
$27,482,750Weighted Average Interest Rate
4.5%Weighted Average Term
114 monthsKey Dates
Timeline of significant events and milestones in the deal's history.Origination Date
5/7/2019Most Recent Valuation Date
11/4/2024Most Recent Transfer Date
5/6/2024Most Recent Return Date
5/25/2022Most Recent Modification Date
10/31/2023Special Servicing
Status and history of loans transferred to special servicing.Loans in Special Servicing
4Special Servicing Balance
$81,283,960Loans Returned to Master
4Balance Returned to Master
$42,613,626Avg Special Servicing Time
799 daysAvg Time to Return to Master
426 daysModifications
Summary of loan modifications and affected balances.Number of Modifications
6Modified Amount
$102,844,265Valuations
Property valuation changes and updates since deal issuance.Total Valuation at Issuance
$7,330,392,000Current Total Valuation
$7,226,202,000Number of Updated Valuations
15Total Updated Valuation
$491,910,000Valuation Change Amount
-$144,390,000Valuation Change Percentage
-280.6%Deal Charts
Fund Holdings
Explore a list of funds that include BMARK 2019-B11 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.| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| PGIM Total Return Bond Fund | 2025-03-27 | Search FIGI | Lookup LEI | A-4 | $58,143,575 | 2025-10-31 |
| iShares U.S. Securitized Bond Index Fund | 2025-03-27 | Search FIGI | Lookup LEI | A-4 | $3,091,108 | 2025-10-31 |
| iShares Core Total USD Bond Market ETF | 2025-03-26 | Search FIGI | Lookup LEI | A-4 | $2,794,011 | 2025-10-31 |
| NYLI MacKay Total Return Bond Fund | 2025-03-26 | Search FIGI | Lookup LEI | A-5 | $583,448 | 2025-10-31 |
| Western Asset Income Fund | 2025-03-25 | Search FIGI | Lookup LEI | X-A | $554,313 | 2025-07-31 |
| Nuveen Securitized Credit Managed Accounts Portfolio | 2025-03-26 | Search FIGI | Lookup LEI | A-S | $461,030 | 2025-07-31 |
| Putnam Mortgage Opportunities Fund | 2025-01-28 | Search FIGI | Lookup LEI | D | $446,589 | 2025-05-31 |
| iShares CMBS ETF | 2025-03-27 | Search FIGI | Lookup LEI | A-S | $440,560 | 2025-10-31 |
| NYLI MacKay ESG Core Plus Bond ETF | 2024-12-26 | Search FIGI | Lookup LEI | A-5 | $290,667 | 2025-04-30 |
| NYLI MacKay Securitized Income ETF | 2024-12-26 | Search FIGI | Lookup LEI | A-5 | $207,619 | 2025-04-30 |
| Fund Name | Tranches | Ids |
|---|---|---|
| PGIM Total Return Bond Fund $58,143,575 2025-10-31 | A-4 | Search FIGI Lookup LEI |
| iShares U.S. Securitized Bond Index Fund $3,091,108 2025-10-31 | A-4 | Search FIGI Lookup LEI |
| iShares Core Total USD Bond Market ETF $2,794,011 2025-10-31 | A-4 | Search FIGI Lookup LEI |
| NYLI MacKay Total Return Bond Fund $583,448 2025-10-31 | A-5 | Search FIGI Lookup LEI |
| Western Asset Income Fund $554,313 2025-07-31 | X-A | Search FIGI Lookup LEI |
| Nuveen Securitized Credit Managed Accounts Portfolio $461,030 2025-07-31 | A-S | Search FIGI Lookup LEI |
| Putnam Mortgage Opportunities Fund $446,589 2025-05-31 | D | Search FIGI Lookup LEI |
| iShares CMBS ETF $440,560 2025-10-31 | A-S | Search FIGI Lookup LEI |
| NYLI MacKay ESG Core Plus Bond ETF $290,667 2025-04-30 | A-5 | Search FIGI Lookup LEI |
| NYLI MacKay Securitized Income ETF $207,619 2025-04-30 | A-5 | Search FIGI Lookup LEI |
* 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 BMARK 2019-B11.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 BMARK 2019-B11, giving insights into the current situation and actions being taken.3/11/2025 - Borrower and Special Servicer have executed a Loan Modification Agreement. Loan is performing under the Modification Agreement as of February 2025.
2025-03-27
Greenleaf At Howell
Zev Schick
3/11/2025 - Loan transferred SS on 2/15/24 due to Delinquent Payments. Loan is currently due for 6/6/24. Collateral consists of a ~61K SF office building (''Property''), including 4K SF of ground floor retail, located in the Greenwich Village neigh borhood of New York City. WeWork (exp. 10/31/34) occupied 100% of the Property and stopped paying rent in October 2023. On 11/6/23, WeWork filed Chapter 11 bankruptcy and subsequently filed a motion to reject its lease at the Property on 11/7/23. Local counsel was retained to file for foreclosure and/or receivership. Foreclosure was filed on 8/7/24, and the motion for summary judgment was filed on 12/26/24. On 2/7/25, the court issued a decision granting Lender's motion for summary judgment. Lender will du al track the foreclosure process while discussing workout alternatives with Borrower.
2025-03-27
57 East 11th Street
Winter Properties LLC
* 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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