GSMS 2019-GC38 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated December 22, 2025.2025-12-22
Coverage: —Freshness: —Latency: —Last schema change: —
Quick Answer
What is GSMS 2019-GC38? A US commercial mortgage-backed security ($756.7M; 36 loans; 59 properties).
Identifiers: Series gsms2019-gc38; CIK 1763207.
Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.
Sources: SEC EDGAR CIK 1763207.
📋 Quick Links
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
TrusteeWilmington Trust, National Association
Special ServicerMidland Loan Services
Master ServicerTrimont Real Estate Advisors
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerWells Fargo Bank, National Association
Certificate AdministratorWells Fargo Bank, N.A.
Operating AdvisorPentalpha Surveillance
Special ServicerK-Star Asset Management
DepositorGS Mortgage Securities Corporation II
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$756,674,500Current Trust Amount
$663,219,692Number of Loans
36Number of Properties
59Average Loan Size
$21,018,736Portfolio Characteristics
Weighted Average Interest Rate
4.9%Weighted Average Term
113 monthsOriginal Valuation
$2,720,645,000Current Valuation
$2,695,645,000Key Dates
Origination Date
1/29/2019Latest Valuation
1/1/1970Latest Transfer
9/12/2024Latest Return
N/ALatest Modification
6/6/2020Special Servicing Status
Loans in Special Servicing
1Special Servicing Balance
$34,000,000Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
468 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
0Total Updated Value
N/AValue Change Amount
N/AValue Change Percentage
N/AModifications
Number of Modifications
1Modified Balance
$25,000,000Deal 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 Exposure#
Source: NPORT-P & related disclosures • 2025-11-24| Fund Name | Tranches | Ids |
|---|---|---|
| JNL/DoubleLine Total Return Fund $2,790,685 2020-12-31 | X-A | Search FIGI Lookup LEI |
| DoubleLine Total Return Bond Fund $1,472,341 2026-03-31 | X-A | Search FIGI Lookup LEI |
| American Balanced Fund $397,353 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| Putnam Mortgage Opportunities Fund $365,007 2026-05-31 | D | Search FIGI Lookup LEI |
| Empower Short Duration Bond Fund $350,483 2025-12-31 | X-A | Search FIGI Lookup LEI |
| Bond Fund of America $250,185 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| Income Fund of America $232,551 2025-07-31 | A-4 | Search FIGI Lookup LEI |
| Putnam Dynamic Asset Allocation Balanced Fund $217,425 2025-09-30 | X-A | Search FIGI Lookup LEI |
| KP Fixed Income Fund $117,140 2020-12-31 | A-4 | Search FIGI Lookup LEI |
| The Bond Fund of America $98,112 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| VOYA BALANCED PORTFOLIO $39,861 2024-12-31 | X-A | Search FIGI Lookup LEI |
| Voya Balanced Income Portfolio $31,437 2025-12-31 | X-A | Search FIGI Lookup LEI |
12 of 12 funds* Use toggle buttons to sort
* 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.
Provenance & Documents
Issuance → amendments → reports. Tap to view on SEC.Context & Commentary#
Entity Statements
💬 Servicer Commentary
2025-12-22
3 Park Avenue
Charles Steven Cohen
Prospectus ID: 8
Loan transferred for Imminent Default on 9/18/24. Collateral consists of a 667,446 NRSF, Class A commercial condominium unit ("Property"), which is comprised of office on floors 14 through 41 (638K SF) and ground floor retail (26K SF) within a 42-sto ry, 888,295 SF Class A office building on a 46,740 SF site. Floors 2 through 11 are a separate, non-collateral condominium unit that is currently occupied by Murray Hill Academy. Loan is currently due for 11/6/25. Borrower initially requested a modification to reduce the interest rate for two years, defer the repayment of these amounts to Maturity, and change the priority of the Cash Management waterfall, but has now withdrawn this request. Local counsel has been retained to file for foreclosure and/or receivership, if necessary. Loan was accelerated on 10/31/25. Lender is dual tracking the foreclosure process while discussing a reinstatement of the Loan with Borrower.
External Analysis
No external analysis linked yet. Contact us to publish and link your research.Have a source-backed note on this deal? Contact us to help the market ground analysis in citations.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/gsms2019-gc38
{
"deal_id": "gsms2019-gc38",
"issuer": "",
"shelf": "",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "S&P, Fitch, KBRA"
},
{
"role": "Trustee",
"name": "Wilmington Trust, National Association"
},
{
"role": "Special Servicer",
"name": "Midland Loan Services"
},
{
"role": "Master Servicer",
"name": "Trimont Real Estate Advisors"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Wells Fargo Bank, National Association"
},
{
"role": "Certificate Administrator",
"name": "Wells Fargo Bank, N.A."
},
{
"role": "Operating Advisor",
"name": "Pentalpha Surveillance"
},
{
"role": "Special Servicer",
"name": "K-Star Asset Management"
},
{
"role": "Depositor",
"name": "GS Mortgage Securities Corporation II"
}
]
}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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