UBSCM 2019-C16
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 30, 2026.2026-06-30
Coverage: —Freshness: —Latency: —Last schema change: —
Quick Answer
What is UBSCM 2019-C16? A US commercial mortgage-backed security issued March 2019 ($11.5B; 49 loans; 508 properties).
Identifiers: Shelf UBS; Series ubscm2019-c16; CIK 1769322.
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 1769322.
What it means for you: This is the reported figure—the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.
Machine-readable data: https://dealcharts.org/llm/facts/ubscm2019-c16.json · API docs
Who's Involved#
Rating AgenciesMoodys, Fitch, KBRA
Master ServicerMidland Loan Services
Special ServicerMidland Loan Services
Operating AdvisorPark Bridge Lender Services
DepositorUBS Commercial Mortgage Securitization Corp.
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$11,464,819,500Current Trust Amount
$575,456,671Number of Loans
49Number of Properties
508Average Loan Size
$23,493,483Portfolio Characteristics
Weighted Average Interest Rate
4.9%Weighted Average Term
109 monthsWA DSCR (NCF) at Issuance
2.16xWA DSCR (NCF) Current
1.67xOriginal Valuation
$3,955,861,000Current Valuation
$3,669,451,000Key Dates
Origination Date
3/11/2019Latest Valuation
4/16/2026Latest Transfer
5/8/2026Latest Return
5/31/2024Latest Modification
6/1/2020Special Servicing Status
Loans in Special Servicing
3Special Servicing Balance
$107,207,980Loans Returned to Master
3Balance Returned
$53,909,440Avg Time in Special Servicing
614 daysAvg Time to Return
373 daysValuation Changes
Updated Valuations
8Total Updated Value
$256,180,000Value Change Amount
-$147,300,000Value Change Percentage
-273.3%Modifications
Number of Modifications
4Modified Balance
$77,345,557Deal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2026-05-26| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| NYLIM VP MacKay Strategic Bond Portfolio | 2026-05-26 | Search FIGI | Lookup LEI | A-S | $582,063 | 2026-12-31 |
| New Covenant Income Fund | 2026-05-29 | Search FIGI | Lookup LEI | A-SB | $169,939 | 2026-06-30 |
| Fund Name | Tranches | Ids |
|---|---|---|
| NYLIM VP MacKay Strategic Bond Portfolio $582,063 2026-12-31 | A-S | Search FIGI Lookup LEI |
| New Covenant Income Fund $169,939 2026-06-30 | A-SB | Search FIGI Lookup LEI |
2 of 2 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#
Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →
Entity Statements
💬 Servicer Commentary
2026-06-30
Prospectus ID: 2A1
06/08/2026 - The Loan is in a Cash Trap. Borrower continues to try to lease the Property (currently 66.76% occupied) to improve cash flow. Borrower is not allowed by the documents to utilize funds in the Excess Cash Reserve to pay for CapEx at the Prope rty. The 750-ton cooling tower at the Property is inoperable and needs $255K of repairs. The property is currently being cooled by only a single smaller unit. Borrower previously requested a one-time emergency waiver (that was granted and allowed to be funded from Excess Cash) to repair the high-rise elevator that was at risk of being red-flagged by the City of Norfolk. Borrower refuses to fund needed CapEx out-of-pocket. Lender will consider all available legal remedies to avoid waste at the Propert y and maximize value while preserving the collateral.
💬 Servicer Commentary
2026-06-30
Portfolio (5 Multifamily properties)
Sidney P. Lejeune
Prospectus ID: 16
6.5.2026: Borrower's CFG Bank refinance is expected to close prior to the end of June-2026. Special Servicer maintains open dialogue with borrower and is copied on all communications between borrower and CFG Bank related to the same. If the proposed refi nance falls through for any reason, the collateral pool properties will be sold via Receiver Sale when appropriate.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 2A2A
06/08/2026 - The Loan is in a Cash Trap. Borrower continues to try to lease the Property (currently 66.76% occupied) to improve cash flow. Borrower is not allowed by the documents to utilize funds in the Excess Cash Reserve to pay for CapEx at the Prope rty. The 750-ton cooling tower at the Property is inoperable and needs $255K of repairs. The property is currently being cooled by only a single smaller unit. Borrower previously requested a one-time emergency waiver (that was granted and allowed to be funded from Excess Cash) to repair the high-rise elevator that was at risk of being red-flagged by the City of Norfolk. Borrower refuses to fund needed CapEx out-of-pocket. Lender will consider all available legal remedies to avoid waste at the Propert y and maximize value while preserving the collateral.
💬 Servicer Commentary
2025-08-29
Quince Diamond Executive Park
TX. Limited Partnership
Prospectus ID: 28
07/30/25 - The subject Property is a 109,227 sf suburban office property located in Gaithersburg, MD (20 miles of Washington DC) The improvements include one, six-story building situated on 2.37 acres of land The property is also improved with a two-level below parking garage. Loan was transferred to the SS on 03/21/2024 as a result of imminent default; however the loan has since matured. A Pre-Negotiation Letter was received by the Borrower on 04/09/24 and a Demand letter was sent on 04.25.24. Midland ha s engaged counsel to represent the trust, who has filed a complaint seeking relief including seeking the appointment of Receiver, which was approved in September 2024. The Receiver has had leasing activity which has been approved by Midland; therefore Mid land is moving towards a receivership sale. A hearing for approval of listing the property for sale will be on 08/01/2025, thereafter a listing agreement will be signed after the signed order is
External Analysis
No external analysis linked yet. Contact us to publish and link your research.Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
CMD+RVL runs monitors on the filings behind this page — new servicer reports, ratings actions, collateral shifts — and delivers each state change with full provenance.
Set up monitoring for this deal →Have a source-backed note on this deal? Contact us.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/ubscm2019-c16
{
"deal_id": "ubscm2019-c16",
"issuer": "",
"shelf": "UBS",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "Moodys, Fitch, KBRA"
},
{
"role": "Master Servicer",
"name": "Midland Loan Services"
},
{
"role": "Special Servicer",
"name": "Midland Loan Services"
},
{
"role": "Operating Advisor",
"name": "Park Bridge Lender Services"
},
{
"role": "Depositor",
"name": "UBS Commercial Mortgage Securitization Corp."
}
]
}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.
Paid
CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
Paid
Ask Cairn
What does UBSCM 2019-C16 mean for you?
Tell Cairn where you sit — a CUSIP you hold, or a seat you're sizing up. Cairn does the digging and tailors the answer to your position, every figure tied to the filing it came from.01Tell Cairn the deal and your seat
02Cairn does the digging
03You get the read for your seat, by email
Free to Explore
Dealcharts remains free to explore for everyone.