← Bank 2018-BNK14 · Loan annex · CMBS market
- Deal
- Bank 2018-BNK14
- Current balance
- $5.1M (September 2026)
- Share of deal
- 0.4%
- Status
- Current
- DSCR (latest)
- -0.83
- Occupancy (latest)
- 51%
- Scheduled maturity
- 2028-06-01
Property and terms
| Property | APPLE VALLEY OFFICE |
| Address | 1430 OAK COURT, 4020 EXECUTIVE DRIVE & 4021-4029 EXECUTIVE DRIVE; Beavercreek, OH 45430 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 130,440 |
| Year built | 1985 |
| Year last renovated | not yet reported |
| Original balance | $8.0M |
| Current balance | $5.1M (September 2026) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 4.99% |
| Current interest rate | 4.99% |
| Origination date | 05-09-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-06-01 |
| Prepayment lockout end | 02-29-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $12.2M | 04-03-2018 | MAI |
| Most recent reported | $5.7M | 2025-09-10 | MAI |
Change from securitization to the most recent reported valuation: -53.5%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Two Six Labs LLC | 18,108 | 02-28-2033 |
| CFD Research Corporation | 14,958 | 04-30-2031 |
| Beavercreek City School District Board of Educatio | 12,950 | 11-30-2031 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 2018 | $8.0M | Current | 4.99% | 2.08 | 2.08 | 97% | $0 | 07-31-2018 | $2.3M | $1.2M | $1.1M | $1.1M |
| October 2018 | $8.0M | Current | 4.99% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2018 | $8.0M | Current | 4.99% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2018 | $7.9M | Current | 4.99% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2019 | $7.9M | Current | 4.99% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2019 | $7.9M | Current | 4.99% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2019 | $7.9M | Current | 4.99% | 1.98 | 2.29 | 95% | $0 | 12-31-2018 | $2.2M | $1.1M | $1.2M | $1.0M |
| April 2019 | $7.9M | Current | 4.99% | 1.98 | 2.29 | 95% | $0 | 12-31-2018 | $2.2M | $1.1M | $1.2M | $1.0M |
| May 2019 | $7.9M | Current | 4.99% | 1.98 | 2.29 | 95% | $0 | 12-31-2018 | $2.2M | $1.1M | $1.2M | $1.0M |
| June 2019 | $7.9M | Current | 4.99% | 1.98 | 2.29 | 95% | $0 | 12-31-2018 | $2.2M | $1.1M | $1.2M | $1.0M |
| July 2019 | $7.9M | Current | 4.99% | 1.98 | 2.29 | 95% | $0 | 12-31-2018 | $2.2M | $1.1M | $1.2M | $1.0M |
| August 2019 | $7.9M | Current | 4.99% | 1.88 | 2.19 | 96% | $0 | 06-30-2019 | $1.1M | $567,124 | $562,602 | $483,975 |
| September 2019 | $7.9M | Current | 4.99% | 1.88 | 2.19 | 96% | $0 | 06-30-2019 | $1.1M | $567,124 | $562,602 | $483,975 |
| October 2019 | $7.8M | Current | 4.99% | 1.88 | 2.19 | 96% | $0 | 06-30-2019 | $1.1M | $567,124 | $562,602 | $483,975 |
| November 2019 | $7.8M | Current | 4.99% | 1.88 | 2.19 | 96% | $0 | 06-30-2019 | $1.1M | $567,124 | $562,602 | $483,975 |
| December 2019 | $7.8M | Current | 4.99% | 1.96 | 2.27 | 97% | $0 | 09-30-2019 | $1.7M | $818,310 | $875,476 | $757,537 |
| January 2020 | $7.8M | Current | 4.99% | 1.96 | 2.27 | 97% | $0 | 09-30-2019 | $1.7M | $818,310 | $875,476 | $757,537 |
| February 2020 | $7.8M | Current | 4.99% | 2.05 | 2.35 | 98% | $0 | 12-31-2019 | $2.3M | $1.1M | $1.2M | $1.1M |
| March 2020 | $7.8M | Current | 4.99% | 2.05 | 2.35 | 98% | $0 | 12-31-2019 | $2.3M | $1.1M | $1.2M | $1.1M |
| April 2020 | $7.8M | Current | 4.99% | 2.05 | 2.35 | 98% | $0 | 12-31-2019 | $2.3M | $1.1M | $1.2M | $1.1M |
| May 2020 | $7.8M | Current | 4.99% | 2.05 | 2.35 | 98% | $0 | 12-31-2019 | $2.3M | $1.1M | $1.2M | $1.1M |
| June 2020 | $7.8M | Current | 4.99% | 2.26 | 2.56 | 88% | $0 | 03-31-2020 | $568,133 | $238,199 | $329,934 | $290,620 |
| July 2020 | $7.8M | Current | 4.99% | 2.26 | 2.56 | 88% | $0 | 03-31-2020 | $568,133 | $238,199 | $329,934 | $290,620 |
| August 2020 | $7.7M | Current | 4.99% | 2.16 | 2.47 | 91% | $0 | 06-30-2020 | $1.1M | $510,608 | $635,024 | $556,397 |
| September 2020 | $7.7M | Current | 4.99% | 2.16 | 2.47 | 91% | $0 | 06-30-2020 | $1.1M | $510,608 | $635,024 | $556,397 |
| October 2020 | $7.7M | Current | 4.99% | 2.16 | 2.47 | 91% | $0 | 06-30-2020 | $1.1M | $510,608 | $635,024 | $556,397 |
| November 2020 | $7.7M | Current | 4.99% | 2.13 | 2.44 | 91% | $0 | 09-30-2020 | $1.7M | $772,824 | $940,901 | $822,962 |
| December 2020 | $7.7M | Current | 4.99% | 2.13 | 2.44 | 91% | $0 | 09-30-2020 | $1.7M | $772,824 | $940,901 | $822,962 |
| January 2021 | $7.7M | Current | 4.99% | 2.13 | 2.44 | 91% | $0 | 09-30-2020 | $1.7M | $772,824 | $940,901 | $822,962 |
| February 2021 | $7.7M | Current | 4.99% | 2.07 | 2.37 | 89% | $0 | 12-31-2020 | $2.3M | $1.1M | $1.2M | $1.1M |
| March 2021 | $7.7M | Current | 4.99% | 2.07 | 2.37 | 89% | $0 | 12-31-2020 | $2.3M | $1.1M | $1.2M | $1.1M |
| April 2021 | $7.7M | Current | 4.99% | 2.07 | 2.37 | 89% | $0 | 12-31-2020 | $2.3M | $1.1M | $1.2M | $1.1M |
| May 2021 | $7.7M | Current | 4.99% | 2.07 | 2.37 | 89% | $0 | 12-31-2020 | $2.3M | $1.1M | $1.2M | $1.1M |
| June 2021 | $7.6M | Current | 4.99% | 2.07 | 2.38 | 92% | $0 | 03-31-2021 | $580,998 | $275,199 | $305,799 | $266,486 |
| July 2021 | $7.6M | Current | 4.99% | 2.07 | 2.38 | 92% | $0 | 03-31-2021 | $580,998 | $275,199 | $305,799 | $266,486 |
| August 2021 | $7.6M | Current | 4.99% | 1.76 | 2.07 | 70% | $0 | 06-30-2021 | $1.1M | $530,669 | $532,520 | $453,894 |
| September 2021 | $7.6M | Current | 4.99% | 1.76 | 2.07 | 70% | $0 | 06-30-2021 | $1.1M | $530,669 | $532,520 | $453,894 |
| October 2021 | $7.6M | Current | 4.99% | 1.76 | 2.07 | 70% | $0 | 06-30-2021 | $1.1M | $530,669 | $532,520 | $453,894 |
| November 2021 | $7.6M | Current | 4.99% | 1.76 | 2.07 | 70% | $0 | 06-30-2021 | $1.1M | $530,669 | $532,520 | $453,894 |
| December 2021 | $7.6M | Current | 4.99% | 1.76 | 2.07 | 70% | $0 | 06-30-2021 | $1.1M | $530,669 | $532,520 | $453,894 |
| January 2022 | $7.6M | Current | 4.99% | 1.42 | 1.72 | 70% | $0 | 09-30-2021 | $1.5M | $840,210 | $665,739 | $547,800 |
| February 2022 | $7.6M | Current | 4.99% | 1.42 | 1.72 | 70% | $0 | 09-30-2021 | $1.5M | $840,210 | $665,739 | $547,800 |
| March 2022 | $5.2M | Current | 4.73% | 2.43 | 2.58 | 94% | $0 | 12-31-2021 | $1.6M | $699,032 | $886,384 | $834,384 |
| April 2022 | $7.5M | Current | 4.99% | 1.29 | 1.60 | 72% | $0 | 12-31-2021 | $2.0M | $1.1M | $822,193 | $664,941 |
| May 2022 | $7.5M | Current | 4.99% | 1.29 | 1.60 | 72% | $0 | 12-31-2021 | $2.0M | $1.1M | $822,193 | $664,941 |
| June 2022 | $7.5M | Current | 4.99% | 1.29 | 1.60 | 72% | $0 | 12-31-2021 | $2.0M | $1.1M | $822,193 | $664,941 |
| July 2022 | $7.5M | Current | 4.99% | 1.12 | 1.42 | 67% | $0 | 03-31-2022 | $418,291 | $235,312 | $182,979 | $143,666 |
| August 2022 | $7.5M | Current | 4.99% | 1.34 | 1.65 | 67% | $0 | 06-30-2022 | $839,078 | $415,575 | $423,503 | $344,877 |
| September 2022 | $7.5M | Current | 4.99% | 1.34 | 1.65 | 67% | $0 | 06-30-2022 | $839,078 | $415,575 | $423,503 | $344,877 |
| October 2022 | $7.5M | Current | 4.99% | 1.34 | 1.65 | 67% | $0 | 06-30-2022 | $839,078 | $415,575 | $423,503 | $344,877 |
| November 2022 | $7.5M | Current | 4.99% | 1.34 | 1.65 | 67% | $0 | 06-30-2022 | $839,078 | $415,575 | $423,503 | $344,877 |
| December 2022 | $7.4M | Current | 4.99% | 1.17 | 1.47 | 65% | $0 | 09-30-2022 | $1.2M | $661,157 | $568,959 | $451,020 |
| January 2023 | $7.4M | Current | 4.99% | 1.17 | 1.47 | 65% | $0 | 09-30-2022 | $1.2M | $661,157 | $568,959 | $451,020 |
| February 2023 | $7.4M | Current | 4.99% | 1.21 | 1.51 | 65% | $0 | 12-31-2022 | $1.6M | $847,065 | $777,452 | $620,200 |
| March 2023 | $7.4M | Current | 4.99% | 1.21 | 1.51 | 65% | $0 | 12-31-2022 | $1.6M | $847,065 | $777,452 | $620,200 |
| April 2023 | $7.4M | Current | 4.99% | 1.21 | 1.51 | 65% | $0 | 12-31-2022 | $1.6M | $847,065 | $777,452 | $620,200 |
| May 2023 | $7.4M | Current | 4.99% | 1.21 | 1.51 | 65% | $0 | 12-31-2022 | $1.6M | $847,065 | $777,452 | $620,200 |
| June 2023 | $7.4M | Current | 4.99% | 1.21 | 1.51 | 65% | $0 | 12-31-2022 | $1.6M | $847,065 | $777,452 | $620,200 |
| July 2023 | $7.4M | Current | 4.99% | 1.21 | 1.51 | 65% | $0 | 12-31-2022 | $1.6M | $847,065 | $777,452 | $620,200 |
| August 2023 | $7.4M | Current | 4.99% | 0.84 | 1.15 | 62% | $0 | 03-31-2023 | $391,010 | $243,350 | $147,660 | $108,348 |
| September 2023 | $7.3M | Current | 4.99% | 0.84 | 1.15 | 62% | $0 | 03-31-2023 | $391,010 | $243,350 | $147,660 | $108,348 |
| October 2023 | $7.3M | Current | 4.99% | 0.64 | 0.95 | 62% | $0 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| November 2023 | $7.3M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $42,851 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| December 2023 | $7.3M | 30-59 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $85,702 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| January 2024 | $6.7M | Current | 3.17% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2024 | $7.3M | 30-59 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $85,702 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| March 2024 | $7.3M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $42,853 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| April 2024 | $7.3M | Current | 4.99% | 0.64 | 0.95 | 62% | $0 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| May 2024 | $7.3M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $42,852 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| June 2024 | $7.3M | 30-59 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $85,703 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| July 2024 | $7.3M | 60-89 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $128,555 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| August 2024 | $7.3M | 90+ days delinquent | 4.99% | 0.64 | 0.95 | 62% | $171,406 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| September 2024 | $7.2M | Current | 4.99% | 0.64 | 0.95 | 62% | $0 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| October 2024 | $7.2M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $42,852 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| November 2024 | $7.2M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $42,851 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| December 2024 | $7.2M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $42,852 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| January 2025 | $7.2M | 30-59 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $85,704 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| February 2025 | $7.2M | 60-89 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $128,555 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| March 2025 | $7.2M | 30-59 days delinquent | 4.99% | 0.64 | 0.95 | 62% | $95,600 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| April 2025 | $7.2M | Matured balloon, non-performing | 4.99% | 0.64 | 0.95 | 62% | $82,806 | 06-30-2023 | $786,474 | $542,462 | $244,012 | $165,386 |
| May 2025 | $7.2M | Matured balloon, non-performing | 4.99% | -0.77 | -0.46 | 37% | $81,819 | 12-31-2024 | $806,761 | $1.0M | $-231,742 | $-388,994 |
| June 2025 | $7.2M | Matured balloon, non-performing | 4.99% | -0.77 | -0.46 | 37% | $82,806 | 12-31-2024 | $806,761 | $1.0M | $-231,742 | $-388,994 |
| July 2025 | $7.2M | Matured balloon, non-performing | 4.99% | -0.77 | -0.46 | 37% | $81,819 | 12-31-2024 | $806,761 | $1.0M | $-231,742 | $-388,994 |
| August 2025 | $7.2M | Matured balloon, non-performing | 4.99% | -0.29 | 0.03 | 45% | $82,802 | 03-31-2025 | $241,314 | $237,190 | $4,124 | $-35,189 |
| September 2025 | $7.2M | Matured balloon, non-performing | 4.99% | -0.29 | 0.03 | 45% | $82,736 | 03-31-2025 | $241,314 | $237,190 | $4,124 | $-35,189 |
| October 2025 | $7.2M | Current | 4.99% | -0.29 | 0.03 | 45% | $0 | 03-31-2025 | $241,314 | $237,190 | $4,124 | $-35,189 |
| November 2025 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| December 2025 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| January 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| February 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| March 2026 | $5.1M | Matured balloon, non-performing | 4.99% | -0.83 | -0.50 | 51% | $71,593 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| April 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| May 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| July 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $0 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| August 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $1,894 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
| September 2026 | $5.1M | Current | 4.99% | -0.83 | -0.50 | 51% | $1,894 | 06-30-2025 | $263,308 | $383,431 | $-120,123 | $-198,749 |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Status timeline
| Date | Event |
|---|---|
| 2023-11-30 | Transferred to the special servicer |
| December 2023 | First reported 30 or more days delinquent |
| 2025-01-31 | Loan modified (rate after modification 0.00%; maturity after modification 2028-06-01; payment after modification $0) |
| 2026-04-17 | Returned to the master servicer |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.