GSMS 2019-GC38 - Charts and Resources
Data discoverability for CMBS deal GSMS 2019-GC38 updated as of 2025-03-25.
2025-03-25
Deal Overview
Gs Mortgage Securities Trust 2019-GC38's issuance is a U.S. CMBS transaction issued from the GSMS shelf and backed by 36 commercial mortgage loans with an aggregate principal balance of 756.2 million at issuance, secured by the fee and leasehold interests in 59 properties across 16 U.S. states.| Rating Agencies | S&P, Fitch, KBRA | Depositor | GS Mortgage Securities Corporation II | Master Servicer | Trimont Real Estate Advisors | Special Servicer | K-Star Asset Management | Operating Advisor | Pentalpha Surveillance | 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.Deal Overview
Original Trust Amount
$756,674,500Current Trust Amount
$665,786,357Number 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
218 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
Fund Holdings
Explore a list of funds that include GSMS 2019-GC38 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 Short Duration Multi-Sector Bond Fund | 2025-03-27 | Search FIGI | Lookup LEI | A-3 | $6,656,140 | 2025-10-31 |
| Performance Trust Total Return Bond Fund | 2025-04-08 | Search FIGI | Lookup LEI | X-D | $1,358,919 | 2025-08-31 |
| Fidelity Investment Grade Bond Central Fund | 2025-02-25 | Search FIGI | Lookup LEI | A-3 | $1,048,405 | 2025-09-30 |
| iShares U.S. Securitized Bond Index Fund | 2025-03-27 | Search FIGI | Lookup LEI | A-3 | $956,922 | 2025-10-31 |
| SPDR Portfolio Aggregate Bond ETF | 2024-11-25 | Search FIGI | Lookup LEI | A-4 | $780,593 | 2025-06-30 |
| iShares CMBS ETF | 2025-03-27 | Search FIGI | Lookup LEI | A-4 | $722,318 | 2025-10-31 |
| Putnam Mortgage Opportunities Fund | 2025-01-28 | Search FIGI | Lookup LEI | D | $344,806 | 2025-05-31 |
| Income Fund of America | 2024-12-27 | Search FIGI | Lookup LEI | A-4 | $228,030 | 2025-07-31 |
| Nuveen ESG U.S. Aggregate Bond ETF | 2024-12-26 | Search FIGI | Lookup LEI | A-4 | $190,025 | 2025-07-31 |
| Fund Name | Tranches | Ids |
|---|---|---|
| PGIM Short Duration Multi-Sector Bond Fund $6,656,140 2025-10-31 | A-3 | Search FIGI Lookup LEI |
| Performance Trust Total Return Bond Fund $1,358,919 2025-08-31 | X-D | Search FIGI Lookup LEI |
| Fidelity Investment Grade Bond Central Fund $1,048,405 2025-09-30 | A-3 | Search FIGI Lookup LEI |
| iShares U.S. Securitized Bond Index Fund $956,922 2025-10-31 | A-3 | Search FIGI Lookup LEI |
| SPDR Portfolio Aggregate Bond ETF $780,593 2025-06-30 | A-4 | Search FIGI Lookup LEI |
| iShares CMBS ETF $722,318 2025-10-31 | A-4 | Search FIGI Lookup LEI |
| Putnam Mortgage Opportunities Fund $344,806 2025-05-31 | D | Search FIGI Lookup LEI |
| Income Fund of America $228,030 2025-07-31 | A-4 | Search FIGI Lookup LEI |
| Nuveen ESG U.S. Aggregate Bond ETF $190,025 2025-07-31 | A-4 | 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 GSMS 2019-GC38.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 GSMS 2019-GC38, giving insights into the current situation and actions being taken.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 3/6/25. Borrower has 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. Local counsel has been retained to file for foreclosure and/or receivership, if necessary. Lender is dual tracking the foreclosure process while discussing Borrower's request.
2025-03-25
3 Park Avenue
Charles Steven Cohen
* 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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