← JPMDB Commercial Mortgage Securities Trust 2018-C8 (segment D03, CIK 1735646) · Loan annex · CMBS market
- Deal
- JPMDB Commercial Mortgage Securities Trust 2018-C8 (segment D03, CIK 1735646)
- Current balance
- $56.1M (October 2024)
- Share of deal
- 5.9%
- Status
- Current
- DSCR (latest)
- 1.90
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2033-10-06
Property and terms
| Property | Staples - Hagerstown, MD (and 7 more properties) |
| Address | 11540 Hopewell Road; 100 Hadden Drive; 700 East Industrial Drive; 500 East High Street; 3140 East Colley Road; 155 Tracy Road; 1233 County Road E W; 15 Ridge Road; Hagerstown, MD (and 7 more) 21740 |
| Property type | Warehouse |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2005", "2001", "2006"] |
| Original balance | $56.1M |
| Current balance | $56.1M (October 2024) |
| Share of deal balance | 5.9% |
| Interest rate at origination | 4.92% |
| Current interest rate | 4.92% |
| Origination date | 09-28-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-10-06 |
| Prepayment lockout end | 06-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Deutsche Bank AG, acting through its New York Branch |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| STAPLES | not yet reported | ["09-30-2038", "09-30-2038", "09-30-2038", "09-30-2038", "09-30-2038", "09-30-2038", "09-30-2038", "09-30-2038"] |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 2024 | $56.1M | Current | 4.92% | 1.90 | 2.09 | 100% | $0 | 06-30-2024 | $14.1M | $979,340 | $13.2M | $11.9M |
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-B8 Mortgage Trust; UBS Commercial Mortgage Trust 2018-C15; UBS Commercial Mortgage Trust 2018-C15.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.