← COMM 2018-COR3 Mortgage Trust · Loan annex · CMBS market
- Deal
- COMM 2018-COR3 Mortgage Trust
- Current balance
- $40.0M (September 2026)
- Share of deal
- 4.4%
- Status
- Current
- DSCR (latest)
- 1.55
- Occupancy (latest)
- 94%
- Scheduled maturity
- 2028-04-01
Property and terms
| Property | Atlantic Times Square |
| Address | 500 North Atlantic Boulevard; Monterey Park, CA 91754 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 379,376 |
| Year built | 2010 |
| Year last renovated | not yet reported |
| Original balance | $40.0M |
| Current balance | $40.0M (September 2026) |
| Share of deal balance | 4.4% |
| Interest rate at origination | 4.84% |
| Current interest rate | 4.84% |
| Origination date | 03-20-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-04-01 |
| Prepayment lockout end | 12-31-2027 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | JPMorgan Chase Bank, National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $163.8M | 02-01-2018 | MAI |
| Most recent reported | $103.2M | 2021-02-10 | MAI |
Change from securitization to the most recent reported valuation: -37.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| AMC | 75,000 | 08-31-2030 |
| 24 HOUR FITNESS | 30,842 | 08-31-2035 |
| ATLANTIC SEAFOOD & DIM SUM RESTAURANT | 12,000 | 03-31-2029 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2018 | $40.0M | Current | 4.85% | 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 2018 | $40.0M | Current | 4.84% | 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 2018 | $40.0M | Current | 4.84% | 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 2018 | $40.0M | Current | 4.84% | 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 2018 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $166,711 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2018 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $161,333 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2019 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $166,711 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2019 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Matured balloon, non-performing | 4.84% | 1.97 | 2.05 | 99% | $166,711 | 09-30-2018 | $14.4M | $4.6M | $9.8M | $9.5M |
| May 2019 | $40.0M | Current | 4.84% | 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 2019 | $40.0M | Current | 4.84% | 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 |
| July 2019 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $161,333 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2019 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $166,711 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2019 | $40.0M | Current | 4.84% | 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 |
| October 2019 | $40.0M | Current | 4.84% | 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 |
| November 2019 | $40.0M | Current | 4.84% | 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 |
| December 2019 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $161,333 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2020 | $40.0M | Current | 4.84% | 2.08 | 2.15 | 98% | not yet reported | 06-30-2019 | $14.7M | $4.3M | $10.3M | $10.0M |
| February 2020 | $40.0M | Current | 4.84% | 2.08 | 2.15 | 98% | $166,711 | 06-30-2019 | $14.7M | $4.3M | $10.3M | $10.0M |
| March 2020 | $40.0M | Current | 4.84% | 2.09 | 2.17 | 98% | not yet reported | 09-30-2019 | $14.9M | $4.5M | $10.4M | $10.1M |
| April 2020 | $40.0M | Current | 4.84% | 2.09 | 2.17 | 98% | not yet reported | 09-30-2019 | $14.9M | $4.5M | $10.4M | $10.1M |
| May 2020 | $40.0M | Current | 4.84% | 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 | 4.84% | 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 | 4.84% | 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 | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $166,711 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2020 | $40.0M | Matured balloon, non-performing | 4.84% | not yet reported | not yet reported | not yet reported | $166,711 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2020 | $40.0M | 30-59 days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $328,044 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2020 | $40.0M | 60-89 days delinquent | 4.84% | 0.82 | 0.90 | 96% | $494,756 | 06-30-2020 | $8.8M | $4.4M | $4.3M | $4.0M |
| December 2020 | $40.0M | 90+ days delinquent | 4.84% | 0.82 | 0.90 | 95% | $656,089 | 06-30-2020 | $8.8M | $4.4M | $4.3M | $4.0M |
| January 2021 | $40.0M | 90+ days delinquent | 4.84% | 0.61 | 0.69 | 95% | $822,800 | 09-30-2020 | $7.8M | $4.5M | $3.3M | $2.9M |
| February 2021 | $40.0M | 90+ days delinquent | 4.84% | 0.61 | 0.69 | 95% | $781,122 | 09-30-2020 | $7.8M | $4.5M | $3.3M | $2.9M |
| March 2021 | $40.0M | 90+ days delinquent | 4.84% | 0.61 | 0.69 | 95% | $935,733 | 09-30-2020 | $7.8M | $4.5M | $3.3M | $2.9M |
| April 2021 | $40.0M | 90+ days delinquent | 4.84% | 0.61 | 0.69 | 95% | $1.1M | 09-30-2020 | $7.8M | $4.5M | $3.3M | $2.9M |
| May 2021 | $40.0M | 90+ days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $1.2M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2021 | $40.0M | 90+ days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $1.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2021 | $40.0M | 90+ days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $1.5M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2021 | $40.0M | 90+ days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $1.7M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2021 | $40.0M | 90+ days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $1.8M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2021 | $40.0M | 90+ days delinquent | 4.84% | not yet reported | not yet reported | not yet reported | $2.0M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2021 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 2022 | $40.0M | Current | 4.84% | 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 2022 | $40.0M | Current | 4.84% | 1.30 | 1.38 | not yet reported | $0 | 03-31-2022 | $11.4M | $4.8M | $6.6M | $6.3M |
| September 2022 | $40.0M | Current | 4.84% | 1.30 | 1.38 | not yet reported | $0 | 03-31-2022 | $11.4M | $4.8M | $6.6M | $6.3M |
| October 2022 | $40.0M | Current | 4.84% | 1.30 | 1.38 | not yet reported | $0 | 03-31-2022 | $11.4M | $4.8M | $6.6M | $6.3M |
| November 2022 | $40.0M | Current | 4.84% | 1.30 | 1.38 | not yet reported | $0 | 03-31-2022 | $11.4M | $4.8M | $6.6M | $6.3M |
| December 2022 | $40.0M | Current | 4.84% | 1.30 | 1.38 | not yet reported | $0 | 03-31-2022 | $11.4M | $4.8M | $6.6M | $6.3M |
| January 2023 | $40.0M | Current | 4.84% | 1.47 | 1.54 | not yet reported | $0 | 09-30-2022 | $12.5M | $5.0M | $7.4M | $7.1M |
| February 2023 | $40.0M | Current | 4.84% | 1.47 | 1.54 | not yet reported | $0 | 09-30-2022 | $12.5M | $5.0M | $7.4M | $7.1M |
| March 2023 | $40.0M | Current | 4.84% | 1.47 | 1.54 | not yet reported | $0 | 09-30-2022 | $12.5M | $5.0M | $7.4M | $7.1M |
| April 2023 | $40.0M | Current | 4.84% | 1.47 | 1.54 | not yet reported | $0 | 09-30-2022 | $12.5M | $5.0M | $7.4M | $7.1M |
| May 2023 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 1.06 | 1.14 | not yet reported | $0 | 06-30-2023 | $10.8M | $5.4M | $5.5M | $5.1M |
| October 2023 | $40.0M | Current | 4.84% | 1.06 | 1.14 | not yet reported | $0 | 06-30-2023 | $10.8M | $5.4M | $5.5M | $5.1M |
| November 2023 | $40.0M | Current | 4.84% | 1.06 | 1.14 | not yet reported | $0 | 06-30-2023 | $10.8M | $5.4M | $5.5M | $5.1M |
| December 2023 | $40.0M | Current | 4.84% | 1.06 | 1.14 | not yet reported | $0 | 06-30-2023 | $10.8M | $5.4M | $5.5M | $5.1M |
| January 2024 | $40.0M | Current | 4.84% | 1.06 | 1.14 | not yet reported | $0 | 06-30-2023 | $10.8M | $5.4M | $5.5M | $5.1M |
| February 2024 | $40.0M | Current | 4.84% | 1.18 | 1.26 | not yet reported | $0 | 09-30-2023 | $11.6M | $5.5M | $6.1M | $5.7M |
| March 2024 | $40.0M | Current | 4.84% | 1.18 | 1.26 | 88% | $0 | 09-30-2023 | $11.6M | $5.5M | $6.1M | $5.7M |
| April 2024 | $40.0M | Current | 4.84% | 1.18 | 1.26 | 83% | $0 | 09-30-2023 | $11.6M | $5.5M | $6.1M | $5.7M |
| May 2024 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 1.60 | 1.68 | 83% | $0 | 03-31-2024 | $13.6M | $5.6M | $8.1M | $7.7M |
| August 2024 | $40.0M | Current | 4.84% | 1.60 | 1.68 | 83% | $0 | 03-31-2024 | $13.6M | $5.6M | $8.1M | $7.7M |
| September 2024 | $40.0M | Current | 4.84% | 0.98 | 1.05 | not yet reported | $0 | 06-30-2024 | $10.1M | $5.0M | $5.1M | $4.7M |
| October 2024 | $40.0M | Current | 4.84% | 0.98 | 1.05 | not yet reported | $0 | 06-30-2024 | $10.1M | $5.0M | $5.1M | $4.7M |
| November 2024 | $40.0M | Current | 4.84% | 0.98 | 1.05 | not yet reported | $0 | 06-30-2024 | $10.1M | $5.0M | $5.1M | $4.7M |
| December 2024 | $40.0M | Current | 4.84% | 0.98 | 1.05 | not yet reported | $0 | 06-30-2024 | $10.1M | $5.0M | $5.1M | $4.7M |
| January 2025 | $40.0M | Current | 4.84% | 1.52 | 1.60 | not yet reported | $0 | 09-30-2024 | $12.9M | $5.2M | $7.7M | $7.3M |
| February 2025 | $40.0M | Current | 4.84% | 1.52 | 1.60 | not yet reported | $0 | 09-30-2024 | $12.9M | $5.2M | $7.7M | $7.3M |
| March 2025 | $40.0M | Current | 4.84% | 1.52 | 1.60 | not yet reported | $0 | 09-30-2024 | $12.9M | $5.2M | $7.7M | $7.3M |
| April 2025 | $40.0M | Current | 4.84% | 1.52 | 1.60 | not yet reported | $0 | 09-30-2024 | $12.9M | $5.2M | $7.7M | $7.3M |
| May 2025 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 2025 | $40.0M | Current | 4.84% | 1.59 | 1.67 | not yet reported | $0 | 03-31-2025 | $13.4M | $5.3M | $8.0M | $7.7M |
| August 2025 | $40.0M | Current | 4.84% | 1.67 | 1.74 | 83% | $0 | 06-30-2025 | $13.8M | $5.4M | $8.4M | $8.0M |
| September 2025 | $40.0M | Current | 4.84% | 1.67 | 1.74 | 83% | $0 | 06-30-2025 | $13.8M | $5.4M | $8.4M | $8.0M |
| October 2025 | $40.0M | Current | 4.84% | 1.67 | 1.74 | 83% | $0 | 06-30-2025 | $13.8M | $5.4M | $8.4M | $8.0M |
| November 2025 | $40.0M | Current | 4.84% | 1.67 | 1.74 | 83% | $0 | 06-30-2025 | $13.8M | $5.4M | $8.4M | $8.0M |
| December 2025 | $40.0M | Current | 4.84% | 1.67 | 1.74 | 83% | $0 | 06-30-2025 | $13.8M | $5.4M | $8.4M | $8.0M |
| January 2026 | $40.0M | Current | 4.84% | 1.25 | 1.33 | 94% | $0 | 09-30-2025 | $11.9M | $5.5M | $6.4M | $6.0M |
| February 2026 | $40.0M | Current | 4.84% | 1.25 | 1.33 | 94% | $0 | 09-30-2025 | $11.9M | $5.5M | $6.4M | $6.0M |
| March 2026 | $40.0M | Current | 4.84% | 1.25 | 1.33 | 94% | $0 | 09-30-2025 | $11.9M | $5.5M | $6.4M | $6.0M |
| April 2026 | $40.0M | Current | 4.84% | 1.25 | 1.33 | 94% | $0 | 09-30-2025 | $11.9M | $5.5M | $6.4M | $6.0M |
| May 2026 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 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 | $40.0M | Current | 4.84% | 1.55 | 1.62 | 94% | $0 | 06-30-2026 | $13.0M | $5.2M | $7.8M | $7.4M |
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 |
|---|---|
| October 2020 | First reported 30 or more days delinquent |
| 2020-10-01 | Loan modified (rate after modification 0.00%; maturity after modification 2028-04-01) |
| 2021-01-20 | Transferred to the special servicer |
| 2021-11-16 | 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: Benchmark 2018-B4 Mortgage Trust; CD 2018-CD7 Mortgage Trust (segment D02, CIK 1746406); J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C8; JPMDB Commercial Mortgage Securities Trust 2018-C8 (segment D01, CIK 1735646).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.