For the monthly distribution period from: October 18, 2022 to November 18, 2022
Commission File Number of issuing entity: 333-227081-03
Central Index Key Number of issuing entity: 0001786008
CSAIL 2019-C17 Commercial Mortgage Trust
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-227081
Central Index Key Number of depositor: 0001654060
Credit Suisse Commercial Mortgage Securities Corp.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001628601
Column Financial, Inc.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001767304
3650 REIT Loan Funding 1 LLC
(Exact name of sponsor as specified in its charter)
(formerly known as Grass River Real Estate Credit Partners Loan Funding, LLC d/b/a/ 3650 REIT)
Central Index Key Number of sponsor (if applicable): 0001755531
Societe Generale Financial Corporation
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001685185
UBS AG
(Exact name of sponsor as specified in its charter)
Julia C. Powell (212) 538-1807
(Name and telephone number, including area code, of the person to contact in connection with this filing)
New York
(State or other jurisdiction of incorporation or organization of the issuing entity)
38-4123693
38-4123694
38-7221371
(I.R.S. Employer Identification No.)
c/o Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
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Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
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A-1 |
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|
X |
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A-2 |
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|
X |
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A-3 |
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|
X |
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A-4 |
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|
X |
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A-5 |
|
|
X |
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|
A-SB |
|
|
X |
|
|
X-A |
|
|
X |
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X-B |
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|
X |
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|
A-S |
|
|
X |
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|
B |
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|
X |
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C |
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|
X |
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Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On November 18, 2022 a distribution was made to holders of the certificates issued by CSAIL 2019-C17 Commercial Mortgage Trust.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
No assets securitized by Credit Suisse Commercial Mortgage Securities Corp. (the "Depositor") and held by CSAIL 2019-C17 Commercial Mortgage Trust were the subject of a demand to repurchase for breach of the representations and warranties contained in the underlying transaction documents during the distribution period from October 18, 2022 to November 18, 2022.
The Depositor has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2022. The CIK number of the Depositor is 0001654060.
Column Financial, Inc. ("Column"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2022. The CIK number of Column is 0001628601.
3650 REIT Loan Funding 1 LLC (formerly known as Grass River Real Estate Credit Partners Loan Funding, LLC d/b/a/3650 REIT) (“3650 REIT”), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 1, 2022. The CIK number of 3650 REIT is 0001767304.
Societe Generale Financial Corporation (“Societe”), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2022. The CIK number of Societe is 0001755531.
UBS AG ("UBS AG"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2022. The CIK number of UBS AG is 0001685185.
Item 1A. Asset-Level Information.
ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on December 2, 2022 under Commission File No. 333-227081-03 and incorporated by reference herein).
ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on December 2, 2022 under Commission File No. 333-227081-03 and incorporated by reference herein).
Part II - OTHER INFORMATION
Item 9. Other Information.
Midland Loan Services, A Division of PNC Bank, National Association, in its capacity as Master Servicer for CSAIL 2019-C17 Commercial Mortgage Trust, affirms the following amounts in the respective accounts:
|
Collection Account | ||
|
Prior Distribution Date |
10/17/2022 |
$83,855.00 |
|
Current Distribution Date |
11/18/2022 |
$2,459,015.61 |
|
REO Account | ||
|
Prior Distribution Date |
10/17/2022 |
$0.00 |
|
Current Distribution Date |
11/18/2022 |
$0.00 |
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for CSAIL 2019-C17 Commercial Mortgage Trust, affirms the following amounts in the respective accounts:
|
Distribution Account | ||
|
Prior Distribution Date |
10/17/2022 |
$5,799.75 |
|
Current Distribution Date |
11/18/2022 |
$5,989.47 |
|
Interest Reserve Account | ||
|
Prior Distribution Date |
10/17/2022 |
$0.00 |
|
Current Distribution Date |
11/18/2022 |
$0.00 |
|
Gain-on-Sale Reserve Account | ||
|
Prior Distribution Date |
10/17/2022 |
$0.00 |
|
Current Distribution Date |
11/18/2022 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Credit Suisse Commercial Mortgage Securities Corp.
(Depositor)
/s/ Julia C. Powell
Julia C. Powell, President and CEO
Date: December 2, 2022