6,612 charts

MSC 2019-L2 - Charts and Resources

Data discoverability for CMBS deal MSC 2019-L2 updated as of 2019-02-20.

2019-02-20

Deal Overview

Morgan Stanley Capital I Trust 2019-L2's issuance is a U.S. CMBS transaction issued from the MSC shelf and backed by 50 commercial mortgage loans with an aggregate principal balance of 787.4 million at issuance, secured by the fee and leasehold interests in 92 properties across 24 U.S. states.
Rating AgenciesS&P, Fitch, MSTARDepositorMorgan Stanley Capital I Inc.Master ServicerMidland Loan ServicesSpecial ServicerRialto Capital AdvisorsOperating AdvisorPentalpha Surveillance

Deal Charts

Geographic Distribution - MSC 2019-L2 - All States
Conduit
2025-03-03

Fund Holdings

Explore a list of funds that include MSC 2019-L2 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 NameFiling DateFIGILEITranchesTotal ValueReporting Period
PGIM Total Return Bond Fund2025-03-27Search FIGILookup LEIA-3$36,222,6672025-10-31
Strategic Advisers Fidelity Core Income Fund2024-10-29Search FIGILookup LEIA-3$18,713,3762025-05-31
Invesco Core Plus Bond Fund2025-01-29Search FIGILookup LEIA-4$16,747,1882025-08-31
Performance Trust Total Return Bond Fund2025-01-29Search FIGILookup LEIX-B$3,061,7852025-08-31
First Trust Commercial Mortgage Opportunities ETF2025-03-25Search FIGILookup LEIX-A$377,4432025-07-31
First Trust Structured Credit Income Opportunities ETF2025-03-25Search FIGILookup LEIX-A$377,4432025-07-31
BlackRock Total Return Fund2025-02-26Search FIGILookup LEIX-A$283,3122025-09-30
Morningstar Total Return Bond Fund2025-03-27Search FIGILookup LEIX-A$77,6362025-04-30
Fund NameTranchesIds
PGIM Total Return Bond Fund
$36,222,667
2025-10-31
A-3Search FIGI
Lookup LEI
Strategic Advisers Fidelity Core Income Fund
$18,713,376
2025-05-31
A-3Search FIGI
Lookup LEI
Invesco Core Plus Bond Fund
$16,747,188
2025-08-31
A-4Search FIGI
Lookup LEI
Performance Trust Total Return Bond Fund
$3,061,785
2025-08-31
X-BSearch FIGI
Lookup LEI
First Trust Commercial Mortgage Opportunities ETF
$377,443
2025-07-31
X-ASearch FIGI
Lookup LEI
First Trust Structured Credit Income Opportunities ETF
$377,443
2025-07-31
X-ASearch FIGI
Lookup LEI
BlackRock Total Return Fund
$283,312
2025-09-30
X-ASearch FIGI
Lookup LEI
Morningstar Total Return Bond Fund
$77,636
2025-04-30
X-ASearch 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.

Deal Documents

Links to the deal documents for MSC 2019-L2.

Monthly Remittance Report

2025-03-03

Final Prospectus

2019-03-12

Preliminary Prospectus

2019-02-21

Term Sheet

2019-02-20

Annex A

2019-02-20

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 MSC 2019-L2, giving insights into the current situation and actions being taken.

2/11/2025 - Loan recently transferred to Special Servicer for payment and non-monetary defaults. Special Servicer has reached out to Borrower to determine next steps. Counsel engaged to enforce CMA compliance.

2025-03-03
97 Second Avenue
Michael K. Shah

2/11/2025 - The Loan transferred to Special Servicing in July 2020 for Imminent Monetary Default by Borrower’s request due to the impact of the COVID-19 pandemic. On 12/5/2022, the court granted the appointment of Richard Madison of Colliers as Receiver . Have just signed a lease with Just Salads for the larger of the two remaining retail vacancies. Special Servicer continues to move forward with a foreclosure strategy.

2025-03-03
199 Lafayette
Edmond Li

2/11/2025 - The Loan transferred for Imminent Monetary Default. A PNL has been executed by the Borrower. The Loan went into monetary default on 10/6/2022 and a default letter was sent. Borrower has requested to transition control of the Property to the Lender. On April 26, 2023, the collateral was placed into receivership. Receiver is working on insurance claim related to a pipe burst. The Special Servicer is in process of taking title and finalizing insurance reviews

2025-03-03
Portfolio (5 Office properties)
J. Kenneth Dunn

2/11/2025 - The Loan transferred to Special Servicing in 12/2023. A Hello Letter was sent and a PNL was executed. Special Servicer is in negotiations with Borrower about a potential settlement.

2025-03-03
The Shops At Alden Bridge
Lawrence L. Kuppin

2/11/2025 - The Loan transferred to Special Servicing for Monetary Default at Borrower’s request as a result of the COVID-19 pandemic. Special Servicer received approval for a forbearance and previously worked with the Borrower to close. Borrower did not close and has now filed for Chapter 11 bankruptcy protection. The Borrower has proposed a Chapter 11 plan of reorganization (The ''Plan'') to which the Lender objected. The parties concluded a Mediation on 10/6/2022 at which the parties agreed upon genera l terms of forbearance and repayment of arrearages making certain changes to the proposed Plan. The Court has approved the settlement and settlement and confirmed the bankruptcy plan as of March 28 2023. Borrower has agreed to monthly arrearages calculation. Borrower agreed to finalize CMA, but has not completed documentation; Lender counsel is engaged to confirm compliance.

2025-03-03
Le Meridien Hotel Dallas
Nadir Badruddin
* 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.

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