← Benchmark 2018-B3 Commercial Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2018-B3 Commercial Mortgage Trust
- Current balance
- $34.6M (September 2026)
- Share of deal
- 4.4%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2027-11-06
Property and terms
| Property | Rochester Marriott (and 3 more properties) |
| Address | 101 1st Avenue Southwest; 9 3rd Avenue; 20 2nd Avenue SW; 441 West Center St; Rochester, MN (and 3 more) 55902 |
| Property type | Lodging |
| Units, beds or keys | ["202", "271", "660", "89"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2016", "2010", "2010", "2013"] |
| Original balance | $40.0M |
| Current balance | $34.6M (September 2026) |
| Share of deal balance | 4.4% |
| Interest rate at origination | 4.74% |
| Current interest rate | 4.74% |
| Origination date | 11-06-2017 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2027-11-06 |
| Prepayment lockout end | 07-05-2027 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank |
| Loan servicer | not yet reported |
| Originator | Deutsche Bank AG, New York Branch |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $210.0M | not yet reported | MAI |
| Most recent reported | $82.1M | 2017-11-16 | MAI |
Change from securitization to the most recent reported valuation: -60.9%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April 2018 | $40.0M | Current | 4.74% | 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 |
| April 2019 | $33.2M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2020 | $40.0M | Current | 4.74% | 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 |
| July 2020 | $40.0M | Current | 4.74% | 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 |
| August 2020 | $40.0M | Current | 4.74% | 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 |
| September 2020 | $40.0M | Current | 4.74% | 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 |
| October 2020 | $40.0M | Current | 4.74% | 1.49 | 1.72 | 68% | $0 | 06-30-2020 | $11.8M | $7.4M | $4.4M | $3.8M |
| November 2020 | $40.0M | Current | 4.74% | 1.49 | 1.72 | 68% | $0 | 06-30-2020 | $11.8M | $7.4M | $4.4M | $3.8M |
| December 2020 | $39.9M | Current | 4.74% | 1.49 | 1.72 | 68% | $0 | 06-30-2020 | $11.8M | $7.4M | $4.4M | $3.8M |
| January 2021 | $39.9M | Current | 4.74% | 1.28 | 1.48 | 48% | $0 | 09-30-2020 | $9.9M | $6.1M | $3.8M | $3.3M |
| February 2021 | $39.8M | Current | 4.74% | 1.28 | 1.48 | 48% | $0 | 09-30-2020 | $9.9M | $6.1M | $3.8M | $3.3M |
| March 2021 | $39.7M | Current | 4.74% | 1.28 | 1.48 | 48% | $0 | 09-30-2020 | $9.9M | $6.1M | $3.8M | $3.3M |
| April 2021 | $39.7M | Current | 4.74% | 0.54 | 0.69 | 40% | $0 | 12-31-2020 | $7.7M | $5.9M | $1.8M | $1.4M |
| May 2021 | $39.6M | Current | 4.74% | 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 |
| June 2021 | $39.5M | Current | 4.74% | 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 |
| July 2021 | $39.4M | Current | 4.74% | 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 |
| August 2021 | $39.4M | Current | 4.74% | 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 |
| September 2021 | $39.3M | Current | 4.74% | 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 |
| October 2021 | $39.2M | Current | 4.74% | 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 2021 | $39.2M | Current | 4.74% | 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 2021 | $39.1M | Current | 4.74% | 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 2022 | $39.0M | Current | 4.74% | 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 2022 | $39.0M | Current | 4.74% | 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 2022 | $38.9M | Current | 4.74% | 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 |
| April 2022 | $38.8M | Current | 4.74% | 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 |
| May 2022 | $38.7M | Current | 4.74% | 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 |
| June 2022 | $38.7M | Matured balloon, performing | 4.74% | 0.70 | 0.82 | 50% | $227,673 | 03-31-2022 | $8.2M | $5.2M | $3.0M | $2.6M |
| July 2022 | $38.6M | Current | 4.74% | 0.70 | 0.82 | 50% | $0 | 03-31-2022 | $8.2M | $5.2M | $3.0M | $2.6M |
| August 2022 | $38.5M | Current | 4.74% | 0.70 | 0.82 | 50% | $0 | 03-31-2022 | $8.2M | $5.2M | $3.0M | $2.6M |
| September 2022 | $38.4M | Current | 4.74% | 0.70 | 0.82 | 50% | $0 | 03-31-2022 | $8.2M | $5.2M | $3.0M | $2.6M |
| October 2022 | $38.4M | Current | 4.74% | 0.77 | 0.88 | 29% | $0 | 06-30-2022 | $8.7M | $5.4M | $3.2M | $2.8M |
| November 2022 | $38.3M | Current | 4.74% | 0.77 | 0.88 | 29% | $0 | 06-30-2022 | $8.7M | $5.4M | $3.2M | $2.8M |
| December 2022 | $38.2M | Current | 4.74% | 0.77 | 0.88 | 29% | $0 | 06-30-2022 | $8.7M | $5.4M | $3.2M | $2.8M |
| January 2023 | $38.2M | Current | 4.74% | 0.77 | 0.88 | 29% | $0 | 06-30-2022 | $8.7M | $5.4M | $3.2M | $2.8M |
| February 2023 | $38.1M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2022", "06-30-2022", "06-30-2022", "06-30-2022"] | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2023 | $38.0M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2022", "06-30-2022", "06-30-2022", "06-30-2022"] | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2023 | $37.9M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["12-31-2022", "06-30-2022", "06-30-2022", "06-30-2022"] | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2023 | $37.8M | Current | 4.74% | 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 |
| June 2023 | $37.8M | Current | 4.74% | 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 |
| July 2023 | $37.7M | Current | 4.74% | 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 |
| August 2023 | $37.6M | Current | 4.74% | 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 |
| September 2023 | $37.5M | Current | 4.74% | 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 |
| October 2023 | $37.5M | Current | 4.74% | 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 2023 | $37.4M | Current | 4.74% | 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 2023 | $37.3M | Current | 4.74% | 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 2024 | $37.2M | Current | 4.74% | 1.00 | 1.19 | 65% | $0 | 09-30-2023 | $36.6M | $25.2M | $11.4M | $9.6M |
| February 2024 | $37.2M | Current | 4.74% | 1.00 | 1.19 | 65% | $0 | 09-30-2023 | $36.6M | $25.2M | $11.4M | $9.6M |
| March 2024 | $37.1M | Current | 4.74% | 1.00 | 1.19 | 65% | $0 | 09-30-2023 | $36.6M | $25.2M | $11.4M | $9.6M |
| April 2024 | $37.0M | Current | 4.74% | 1.00 | 1.19 | 65% | $0 | 09-30-2023 | $36.6M | $25.2M | $11.4M | $9.6M |
| May 2024 | $36.9M | Current | 4.74% | 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 |
| June 2024 | $36.8M | Current | 4.74% | 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 |
| July 2024 | $36.8M | Current | 4.74% | 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 |
| August 2024 | $36.8M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,682 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $36.7M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,682 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $36.6M | Matured balloon, non-performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,687 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2024 | $36.4M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2024 | $36.4M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,688 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2025 | $36.3M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,683 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2025 | $36.3M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,684 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2025 | $36.1M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2025 | $36.0M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2024", "06-30-2024", "06-30-2024", "06-30-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2025 | $35.9M | Current | 4.74% | 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 |
| June 2025 | $35.8M | Current | 4.74% | 1.09 | 1.09 | 36% | $0 | 03-31-2025 | $40.9M | $30.5M | $10.4M | $10.4M |
| July 2025 | $35.8M | Current | 4.74% | 1.09 | 1.09 | 36% | $0 | 03-31-2025 | $40.9M | $30.5M | $10.4M | $10.4M |
| August 2025 | $35.7M | Current | 4.74% | 1.09 | 1.09 | 36% | $0 | 03-31-2025 | $40.9M | $30.5M | $10.4M | $10.4M |
| September 2025 | $35.6M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $35.5M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $35.4M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2025 | $35.3M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["09-30-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2026 | $35.3M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,688 | ["09-30-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $35.2M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["09-30-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $35.2M | Matured balloon, performing | 4.74% | not yet reported | not yet reported | not yet reported | $227,703 | ["12-31-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $35.0M | Current | 4.74% | not yet reported | not yet reported | not yet reported | $0 | ["12-31-2025", "06-30-2025", "06-30-2025", "06-30-2025"] | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2026 | $34.9M | Current | 4.74% | 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 |
| June 2026 | $34.8M | Current | 4.74% | 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 |
| July 2026 | $34.7M | Current | 4.74% | 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 |
| August 2026 | $34.6M | Current | 4.74% | 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 |
| September 2026 | $34.6M | Current | 4.74% | 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 |
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.
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: BENCHMARK 2018-B2 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.