← 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
- $54.2M (October 2024)
- Share of deal
- 5.7%
- Status
- Current
- DSCR (latest)
- 1.44
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2028-11-01
Property and terms
| Property | Saint Louis Galleria |
| Address | 1155 Saint Louis Galleria; Saint Louis, MO 63117 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 465,218 |
| Year built | 1986 |
| Year last renovated | 2011 |
| Original balance | $55.0M |
| Current balance | $54.2M (October 2024) |
| Share of deal balance | 5.7% |
| Interest rate at origination | 5.00% |
| Current interest rate | 5.00% |
| Origination date | 11-01-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-11-01 |
| Prepayment lockout end | 06-30-2028 |
| 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/Societe Generale, Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $465.6M | 09-24-2018 | MAI |
| Most recent reported | $465.6M | 2018-09-24 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| GALLERIA 6 CINEMAS | 19,624 | 11-30-2029 |
| H&M | 12,913 | 01-31-2025 |
| VICTORIA'S SECRET | 12,892 | 01-31-2026 |
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 | $54.2M | Current | 5.00% | 1.44 | 1.49 | not yet reported | $0 | 03-31-2024 | $28.9M | $8.9M | $20.0M | $19.3M |
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; Benchmark 2019-B10 Mortgage Trust; CSAIL 2017-CX10 Commercial Mortgage Trust (segment D02, CIK 1720474); CSAIL 2019-C15 Commercial Mortgage Trust; JPMCC Commercial Mortgage Securities Trust 2019-COR4; 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.