other_material
confidence high
sentiment neutral
materiality 0.50
Late payoff of 180 Water Mortgage Loan triggers $23.9M in additional CMBS distributions
CF 2019-CF3 Mortgage Trust
- Master Servicer notified on Sept 4, 2025 of late payoff on 180 Water Mortgage Loan (Loan 9).
- Additional principal payments: $23,241,523.89 to Class A-2; $8,223.40 to Class A-SB; $652,777.96 to VRR Interest.
- Additional interest payments: $37,340.24 to Class J-RR; $1,048.39 to VRR Interest.
- Payments made on Sept 5, 2025, after Aug 15 distribution date.
- Failure to make required distribution on Aug 15, 2025 reported under Item 6.04.
item 6.04