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Distribution Date: |
01/18/23 |
Benchmark 2019-B10 Mortgage Trust |
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Determination Date: |
01/11/23 |
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Next Distribution Date: |
02/17/23 |
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Record Date: |
12/30/22 |
Commercial Mortgage Pass-Through Certificates |
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Series 2019-B10 |
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Table of Contents |
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Contacts |
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Section |
Pages |
Role |
Party and Contact Information |
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Certificate Distribution Detail |
2 |
Depositor |
Deutsche Mortgage & Asset Receiving Corporation |
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Certificate Factor Detail |
3 |
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Helaine M. Kaplan |
(212) 250-5270 |
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Certificate Interest Reconciliation Detail |
4 |
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60 Wall Street | New York, NY 10005 | United States |
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Master Servicer |
KeyBank National Association |
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Additional Information |
5 |
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Andy Lindenman |
(913) 317-4372 |
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Bond / Collateral Reconciliation - Cash Flows |
6 |
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11501 Outlook Street, Suite 300 | Overland Park, KS 66211 | United States |
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Bond / Collateral Reconciliation - Balances |
7 |
Primary Servicer |
Midland Loan Services, a Division of PNC Bank, National |
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Association |
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Executive Vice President - Division Head |
(913) 253-9000 |
askmidlandls.com |
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10851 Mastin Street, Building 82, Suite 300 | Overland Park, KS 66210 | United States |
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Special Servicer |
LNR Partners, LLC |
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LNR CMBS Notices |
(305) 695-5600 |
lnr.cmbs.notices@lnrproperty.com |
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2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States |
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Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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Bank, N.A. |
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Corporate Trust Services (CMBS) |
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cts.cmbs.bond.admin@wellsfargo.com; |
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trustadministrationgroup@wellsfargo.com |
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9062 Old Annapolis Road | Columbia, MD 21045 | United States |
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Operating Advisor & Asset |
Pentalpha Surveillance LLC |
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Representations Reviewer |
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Don Simon |
(203) 660-6100 |
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375 North French Road, Suite 100 | Amherst, NY 14228 | United States |
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Directing Holder |
Eightfold Real Estate Capital, L.P. |
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- |
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3 Columbus Circle Loan- |
Prima Capital Advisors, LLC |
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Specific Directing Holder |
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- |
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This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
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© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 7 |
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Certificate Distribution Detail |
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Current |
Original |
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Pass-Through Rate |
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Beginning |
Principal |
Interest |
Prepayment |
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Total |
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Credit |
Credit |
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Class |
CUSIP |
(2) |
Original Balance |
Balance |
Distribution |
Distribution |
Penalties |
Realized Losses |
Distribution |
Ending Balance |
Support¹ |
Support¹ |
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Regular Certificates |
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3CC-A |
08162VBJ6 |
3.899470% |
77,120,000.00 |
77,120,000.00 |
0.00 |
250,605.94 |
0.00 |
0.00 |
250,605.94 |
77,120,000.00 |
22.69% |
22.69% |
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3CC-B |
08162VBL1 |
3.899470% |
22,630,000.00 |
22,630,000.00 |
0.00 |
73,537.51 |
0.00 |
0.00 |
73,537.51 |
22,630,000.00 |
0.00% |
0.00% |
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3CC-VRR 08162VBP2 |
3.899470% |
5,250,000.00 |
5,250,000.00 |
0.00 |
17,060.18 |
0.00 |
0.00 |
17,060.18 |
5,250,000.00 |
0.00% |
0.00% |
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Interest |
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3CC-R |
N/A |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
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Regular SubTotal |
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105,000,000.00 |
105,000,000.00 |
0.00 |
341,203.63 |
0.00 |
0.00 |
341,203.63 |
105,000,000.00 |
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Deal Distribution Total |
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0.00 |
341,203.63 |
0.00 |
0.00 |
341,203.63 |
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* |
Denotes the Controlling Class (if required) |
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(1) |
Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing |
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the result by (A). |
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(2) |
Pass-Through Rates with respect to any Class of Certificates on next month's Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in the |
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underlying index (if and as applicable), and any other matters provided in the governing documents. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 2 of 7 |
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Certificate Factor Detail |
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Cumulative |
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Interest Shortfalls |
Interest |
Prepayment |
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Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Penalties |
Losses |
Total Distribution |
Ending Balance |
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Regular Certificates |
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3CC-A |
08162VBJ6 |
1,000.00000000 |
0.00000000 |
3.24955835 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.24955835 |
1,000.00000000 |
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3CC-B |
08162VBL1 |
1,000.00000000 |
0.00000000 |
3.24955855 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.24955855 |
1,000.00000000 |
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3CC-VRR |
08162VBP2 |
1,000.00000000 |
0.00000000 |
3.24955810 |
0.00000000 |
0.00000571 |
0.00000000 |
0.00000000 |
3.24955810 |
1,000.00000000 |
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Interest |
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3CC-R |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 3 of 7 |
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Certificate Interest Reconciliation Detail |
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Prior |
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Additional |
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Cumulative |
Accrued |
Net Aggregate |
Distributable |
Interest |
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Interest |
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Accrual |
Interest |
Certificate |
Prepayment |
Certificate |
Shortfalls / |
Payback of Prior |
Distribution |
Interest |
Cumulative |
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Class |
Accrual Period |
Days |
Shortfalls |
Interest |
Interest Shortfall |
Interest |
(Paybacks) |
Realized Losses |
Amount |
Distribution |
Interest Shortfalls |
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3CC-A |
12/01/22 - 12/30/22 |
30 |
0.00 |
250,605.94 |
0.00 |
250,605.94 |
0.00 |
0.00 |
0.00 |
250,605.94 |
0.00 |
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3CC-B |
12/01/22 - 12/30/22 |
30 |
0.00 |
73,537.51 |
0.00 |
73,537.51 |
0.00 |
0.00 |
0.00 |
73,537.51 |
0.00 |
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3CC-VRR |
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12/01/22 - 12/30/22 |
30 |
0.03 |
17,060.18 |
0.00 |
17,060.18 |
0.00 |
0.00 |
0.00 |
17,060.18 |
0.03 |
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Interest |
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3CC-R |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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Totals |
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0.03 |
341,203.63 |
0.00 |
341,203.63 |
0.00 |
0.00 |
0.00 |
341,203.63 |
0.03 |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 4 of 7 |
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Additional Information |
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3 Columbus Circle Aggregate Available Funds (1) |
341,203.63 |
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3 Columbus Circle Gain-on-Sale Proceeds Reserve Account Summary |
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Beginning Account Balance |
0.00 |
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Deposit Amount |
0.00 |
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Withdrawal Amount |
0.00 |
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Ending Account Balance |
0.00 |
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(1) The Available Distribution Amount includes any Prepayment Premiums. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 5 of 7 |
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Bond / Collateral Reconciliation - Cash Flows |
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Total Funds Collected |
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Total Funds Distributed |
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Interest |
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Fees |
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Interest Paid or Advanced |
353,890.84 |
Master Servicing Fee |
452.08 |
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Interest Reductions due to Nonrecoverability Determination |
0.00 |
Trustee / Certificate Administrator Fee |
614.83 |
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Interest Adjustments |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
45.21 |
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Deferred Interest |
0.00 |
EU Reporting Administrator Fee |
201.63 |
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ARD Interest |
0.00 |
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Net Prepayment Interest Excess / (Shortfall) |
0.00 |
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Extension Interest |
0.00 |
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Interest Reserve Withdrawal |
0.00 |
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Total Interest Collected |
353,890.84 |
Total Fees |
1,313.76 |
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Principal |
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Expenses/Reimbursements |
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Scheduled Principal |
0.00 |
Reimbursement for Interest on Advances |
0.00 |
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Unscheduled Principal Collections |
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ASER Amount |
0.00 |
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Principal Prepayments |
0.00 |
Special Servicing Fees (Monthly) |
0.00 |
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Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
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Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
0.00 |
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Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
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Curtailments |
0.00 |
Rating Agency Expenses |
0.00 |
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Negative Amortization |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
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Principal Adjustments |
0.00 |
Non-Recoverable Advances |
0.00 |
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Workout Delayed Reimbursement Amounts |
0.00 |
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Other Expenses |
0.00 |
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Total Principal Collected |
0.00 |
Total Expenses/Reimbursements |
0.00 |
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Interest Reserve Deposit |
11,373.45 |
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Other |
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Payments to Certificateholders and Others |
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Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
341,203.63 |
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Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
0.00 |
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Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
0.00 |
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Borrower Option Extension Fees |
0.00 |
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Total Other Collected |
0.00 |
Total Payments to Certificateholders and Others |
341,203.63 |
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Total Funds Collected |
353,890.84 |
Total Funds Distributed |
353,890.84 |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 6 of 7 |
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Bond / Collateral Reconciliation - Balances |
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Collateral Reconciliation |
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Certificate Reconciliation |
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3 Columbus Circle |
Total |
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Total |
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Beginning Scheduled Collateral Balance |
105,000,000.00 |
105,000,000.00 |
Beginning Certificate Balance |
105,000,000.00 |
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(-) Scheduled Principal Collections |
0.00 |
0.00 |
(-) Principal Distributions |
0.00 |
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(-) Unscheduled Principal Collections |
0.00 |
0.00 |
(-) Realized Losses |
0.00 |
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(-) Principal Adjustments (Cash) |
0.00 |
0.00 |
Realized Loss and Realized Loss Adjustments on Collateral |
0.00 |
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(-) Principal Adjustments (Non-Cash) |
0.00 |
0.00 |
Current Period NRA¹ |
0.00 |
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(-) Realized Losses from Collateral |
0.00 |
0.00 |
Current Period WODRA¹ |
0.00 |
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(-) Other Adjustments² |
0.00 |
0.00 |
Non-Cash Principal Adjustments |
0.00 |
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Certificate Other Adjustments** |
0.00 |
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Ending Scheduled Collateral Balance |
105,000,000.00 |
105,000,000.00 |
Ending Certificate Balance |
105,000,000.00 |
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Beginning Actual Collateral Balance |
105,000,000.00 |
105,000,000.00 |
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Ending Actual Collateral Balance |
105,000,000.00 |
105,000,000.00 |
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(1) |
Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds. |
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(2) |
Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral. |
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** |
A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 7 of 7 |
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