← Citigroup Commercial Mortgage Trust 2018-C6 · Loan annex · CMBS market
- Deal
- Citigroup Commercial Mortgage Trust 2018-C6
- Current balance
- $2.4M (August 2024)
- Share of deal
- not yet reported
- Status
- Current
- DSCR (latest)
- 1.73
- Occupancy (latest)
- 97%
- Scheduled maturity
- 2028-06-06
Property and terms
| Property | Imacs Office Center |
| Address | 7421-7497 Nw 4Th Street; Plantation, FL 33317 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 26,231 |
| Year built | 1973 |
| Year last renovated | not yet reported |
| Original balance | $2.6M |
| Current balance | $2.4M (August 2024) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 5.96% |
| Current interest rate | 5.96% |
| Origination date | 05-11-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-06-06 |
| Prepayment lockout end | 07-05-2020 |
| Yield maintenance end | 03-05-2028 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Cantor Commercial Real Estate Lending, L.P. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $3.7M | 03-27-2018 | MAI |
| Most recent reported | $3.7M | 2018-03-27 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Disability Help Group, LLC | 2,070 | 02-28-2025 |
| Craig's Pantry & Outreach Program, NFP, Inc | 1,980 | 02-17-2029 |
| IMACS of South Florida, Inc | 1,980 | 08-31-2029 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2024 | $2.4M | Current | 5.96% | 1.73 | 1.83 | 97% | $0 | 06-30-2024 | $578,030 | $230,594 | $347,435 | $328,906 |
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 |
|---|---|
| 2020-04-13 | Transferred to the special servicer |
| 2020-05-13 | Returned to the master servicer |
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: Citigroup Commercial Mortgage Trust 2018-C5.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.