Morgan Stanley Capital I Trust 2018-L1: loan annex
Page built October 19, 2026
Loan detail for Morgan Stanley Capital I Trust 2018-L1.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-15
← Morgan Stanley Capital I Trust 2018-L1 · CMBS market
Detail sections for the 20 loans of this deal that do not have a page of their own. Loans with a surveillance history, loans at or above the section's size threshold of $25.0M, and the largest loans in the deal have their own pages, linked from the loan table on the deal page. Every loan in the deal appears either here or on its own page.
Playa Largo Resort & Spa
| Property | Playa Largo Resort & Spa |
| Address | 97450 Overseas Highway; Key Largo, FL 33037 |
| Property type | Lodging |
| Units, beds or keys | 178 |
| Net rentable square feet | not yet reported |
| Year built | 2016 |
| Year last renovated | not yet reported |
| Original balance | $25.0M |
| Current balance | $22.6M (September 2026) |
| Share of deal balance | 2.9% |
| Interest rate at origination | 5.14% |
| Current interest rate | 5.14% |
| Origination date | 05-17-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2028-06-06 |
| Prepayment lockout end | 03-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Gilbert Fiesta
| Property | Gilbert Fiesta |
| Address | 115-151 East Williams Field Road 2487, 2425 South Gilbert Road; Gilbert, AZ 85295 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 48,768 |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $22.5M |
| Current balance | $22.5M (September 2026) |
| Share of deal balance | 2.9% |
| Interest rate at origination | 4.90% |
| Current interest rate | 4.90% |
| Origination date | 09-20-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-10-01 |
| Prepayment lockout end | 09-30-2020 |
| Yield maintenance end | 05-31-2028 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: -58.2%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $4.2M |
| Operating expenses | $1.1M |
| Net operating income | $3.1M |
| Net cash flow | $3.0M |
| DSCR (net cash flow) | 2.67 |
| DSCR (net operating income) | 2.80 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
Bedford Self Storage
| Property | Bedford Self Storage |
| Address | 34 Norm Ave; Bedford Hills, NY 10507 |
| Property type | Self storage |
| Units, beds or keys | 713 |
| Net rentable square feet | 50,535 |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $20.2M |
| Current balance | $20.2M (September 2026) |
| Share of deal balance | 2.6% |
| Interest rate at origination | 5.00% |
| Current interest rate | 5.00% |
| Origination date | 08-07-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-09-01 |
| Prepayment lockout end | 06-30-2028 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: -47.6%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Village At Mammoth Lakes
| Property | Village At Mammoth Lakes |
| Address | 100 Canyon Blvd. 6201 Minaret Road; Mammoth Lakes, CA 93546 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 60,903 |
| Year built | 1999 |
| Year last renovated | not yet reported |
| Original balance | $18.2M |
| Current balance | $18.2M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 4.96% |
| Current interest rate | 4.96% |
| Origination date | 08-27-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-09-06 |
| Prepayment lockout end | 06-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.6M |
| Operating expenses | $1.9M |
| Net operating income | $1.7M |
| Net cash flow | $1.6M |
| DSCR (net cash flow) | 1.80 |
| DSCR (net operating income) | 1.86 |
| Occupancy | 84% |
| Servicer advances outstanding | $0 |
Statesboro Crossing
| Property | Statesboro Crossing |
| Address | 201-221, 255-393 Henry Blvd; Statesboro, GA 30458 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 155,185 |
| Year built | 2008 |
| Year last renovated | 2018 |
| Original balance | $16.1M |
| Current balance | $14.5M (September 2026) |
| Share of deal balance | 1.9% |
| Interest rate at origination | 4.70% |
| Current interest rate | 4.70% |
| Origination date | 08-23-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2028-09-01 |
| Prepayment lockout end | 04-30-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.1M |
| Operating expenses | $685,324 |
| Net operating income | $2.5M |
| Net cash flow | $2.3M |
| DSCR (net cash flow) | 2.33 |
| DSCR (net operating income) | 2.45 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Hotel Provincial
| Property | Hotel Provincial |
| Address | 1024 Rue Chartres; New Orleans, LA 70116 |
| Property type | Lodging |
| Units, beds or keys | 92 |
| Net rentable square feet | not yet reported |
| Year built | 1959 |
| Year last renovated | 2015 |
| Original balance | $9.8M |
| Current balance | $9.8M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 4.82% |
| Current interest rate | 4.82% |
| Origination date | 08-01-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-08-06 |
| Prepayment lockout end | 04-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
2600 & 2700 South Falkenburg Road
| Property | 2600 & 2700 South Falkenburg Road |
| Address | 2600 AND 2700 South Falkenburg Road; Riverview, FL 33578 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 134,082 |
| Year built | 2001 |
| Year last renovated | not yet reported |
| Original balance | $10.2M |
| Current balance | $9.5M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 5.12% |
| Current interest rate | 5.12% |
| Origination date | 08-29-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2028-09-06 |
| Prepayment lockout end | 06-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
North Madison Corners
| Property | North Madison Corners |
| Address | 7950 Highway 72 West 5923 Wall Triana Highway; Madison, AL 35758 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 73,600 |
| Year built | 1995 |
| Year last renovated | not yet reported |
| Original balance | $8.7M |
| Current balance | $8.0M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 5.00% |
| Current interest rate | 5.00% |
| Origination date | 09-12-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2028-10-01 |
| Prepayment lockout end | 06-30-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Tower Square
| Property | Tower Square |
| Address | 123 and 137-141 Egg Harbor Road; Sewell, NJ 08080 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 55,224 |
| Year built | 2003 |
| Year last renovated | not yet reported |
| Original balance | $7.5M |
| Current balance | $6.5M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 5.23% |
| Current interest rate | 5.23% |
| Origination date | 09-12-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-10-06 |
| Prepayment lockout end | 07-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.4M |
| Operating expenses | $615,941 |
| Net operating income | $740,688 |
| Net cash flow | $674,419 |
| DSCR (net cash flow) | 1.36 |
| DSCR (net operating income) | 1.49 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
Safeway Vistoso Plaza
| Property | Safeway Vistoso Plaza |
| Address | 12112,12142,12152 N Rancho Vistoso Blvd; Oro Valley, AZ 85755 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 34,770 |
| Year built | 2001 |
| Year last renovated | not yet reported |
| Original balance | $6.9M |
| Current balance | $6.0M (September 2026) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 5.16% |
| Current interest rate | 5.16% |
| Origination date | 08-15-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-09-01 |
| Prepayment lockout end | 05-31-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Calle Fortunada
| Property | Calle Fortunada |
| Address | 3860 Calle Fortunada; San Diego, CA 92123 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 60,711 |
| Year built | 1983 |
| Year last renovated | 2016 |
| Original balance | $5.6M |
| Current balance | $5.6M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 4.75% |
| Current interest rate | 4.75% |
| Origination date | 08-20-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-09-06 |
| Prepayment lockout end | 05-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Cantor Commercial Real Estate Lending, L.P. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $417,856 |
| Operating expenses | $167,158 |
| Net operating income | $250,698 |
| Net cash flow | $236,279 |
| DSCR (net cash flow) | 3.50 |
| DSCR (net operating income) | 3.71 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Covell Building
| Property | Covell Building |
| Address | 4634 Hollywood Blvd; Los Angeles, CA 90027 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 15,418 |
| Year built | 1917 |
| Year last renovated | 2015 |
| Original balance | $5.5M |
| Current balance | $5.5M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 5.25% |
| Current interest rate | 5.25% |
| Origination date | 09-10-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-10-06 |
| Prepayment lockout end | 07-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Cantor Commercial Real Estate Lending, L.P. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.1M |
| Operating expenses | $325,266 |
| Net operating income | $778,634 |
| Net cash flow | $768,498 |
| DSCR (net cash flow) | 2.62 |
| DSCR (net operating income) | 2.66 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Commercial Self Storage - Castleton
| Property | Commercial Self Storage - Castleton |
| Address | 8070 Castleton Road; Indianapolis, IN 46250 |
| Property type | Self storage |
| Units, beds or keys | 147 |
| Net rentable square feet | 66,811 |
| Year built | 1974 |
| Year last renovated | not yet reported |
| Original balance | $6.0M |
| Current balance | $5.3M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 5.46% |
| Current interest rate | 5.46% |
| Origination date | 08-24-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-09-01 |
| Prepayment lockout end | 06-30-2028 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Shoppes & Offices At Pga West
| Property | Shoppes & Offices At Pga West |
| Address | 5510-5540 PGA Boulevard; Palm Beach Gardens, FL 33418 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 37,782 |
| Year built | 2001 |
| Year last renovated | not yet reported |
| Original balance | $5.7M |
| Current balance | $5.0M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.20% |
| Current interest rate | 5.20% |
| Origination date | 08-16-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-09-06 |
| Prepayment lockout end | 11-05-2020 |
| Yield maintenance end | 05-05-2028 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
21300 Eureka
| Property | 21300 Eureka |
| Address | 21300 Eureka Road; Taylor, MI 48180 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 23,200 |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $5.2M |
| Current balance | $4.6M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.49% |
| Current interest rate | 5.49% |
| Origination date | 09-20-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-10-06 |
| Prepayment lockout end | 06-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Ella Road Retail
| Property | Ella Road Retail |
| Address | 4234 Ella Boulevard; Houston, TX 77018 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 20,760 |
| Year built | 1968 |
| Year last renovated | not yet reported |
| Original balance | $4.6M |
| Current balance | $4.4M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.32% |
| Current interest rate | 5.32% |
| Origination date | 09-05-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-09-06 |
| Prepayment lockout end | 06-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $841,056 |
| Operating expenses | $270,404 |
| Net operating income | $570,652 |
| Net cash flow | $542,769 |
| DSCR (net cash flow) | 1.76 |
| DSCR (net operating income) | 1.85 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Dollar Self Storage - Glendale
| Property | Dollar Self Storage - Glendale |
| Address | 10550 N 51st Ave; Glendale, AZ 85302 |
| Property type | Self storage |
| Units, beds or keys | 555 |
| Net rentable square feet | 62,290 |
| Year built | 2015 |
| Year last renovated | not yet reported |
| Original balance | $5.0M |
| Current balance | $4.3M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 4.93% |
| Current interest rate | 4.93% |
| Origination date | 06-28-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-07-01 |
| Prepayment lockout end | 04-30-2028 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
396 Cromwell Avenue
| Property | 396 Cromwell Avenue |
| Address | 396 Cromwell Avenue; Rocky Hill, CT 06067 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 14,882 |
| Year built | 2007 |
| Year last renovated | 2012 |
| Original balance | $3.5M |
| Current balance | $3.5M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 5.27% |
| Current interest rate | 5.27% |
| Origination date | 08-22-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-09-01 |
| Prepayment lockout end | 08-31-2020 |
| Yield maintenance end | 05-31-2028 |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Carbondale Center
| Property | Carbondale Center |
| Address | 915 West Main Street; Carbondale, IL 62901 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 59,726 |
| Year built | 1997 |
| Year last renovated | not yet reported |
| Original balance | $3.8M |
| Current balance | $3.1M (September 2026) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 4.88% |
| Current interest rate | 4.88% |
| Origination date | 08-01-2018 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-08-01 |
| Prepayment lockout end | 04-30-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $676,535 |
| Operating expenses | $374,009 |
| Net operating income | $302,526 |
| Net cash flow | $241,008 |
| DSCR (net cash flow) | 0.92 |
| DSCR (net operating income) | 1.15 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
500 Lincoln
| Property | 500 Lincoln |
| Address | 500, 500A, 500B Lincoln Street; Worcester, MA 01605 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 87,200 |
| Year built | 2010 |
| Year last renovated | not yet reported |
| Original balance | $3.2M |
| Current balance | $2.6M (September 2026) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 5.06% |
| Current interest rate | 5.06% |
| Origination date | 08-22-2018 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-09-01 |
| Prepayment lockout end | 05-31-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $905,729 |
| Operating expenses | $586,554 |
| Net operating income | $319,175 |
| Net cash flow | $307,295 |
| DSCR (net cash flow) | 1.36 |
| DSCR (net operating income) | 1.41 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |