← 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
- $40.0M (October 2024)
- Share of deal
- 4.2%
- Status
- Current
- DSCR (latest)
- 1.31
- Occupancy (latest)
- 77%
- Scheduled maturity
- 2023-07-01
Property and terms
| Property | 6625 78th Street West (Workspace 147 prop port) (and 146 more properties) |
| Address | 6625 78th Street West; 1500 Liberty Ridge Drive; 3350 Southwest 148th Avenue & Lakeside Drive; 1301 International Parkway; 777 West Yamato Road; 4425 East Cotton Center Boulevard; 4500 East Cotton Center Boulevard; 3100 Southwest 145th Avenue; 3400 Lakeside Drive; 3450 Lakeside Drive; 40 Liberty Boulevard; 4630 Woodland Corporate Boulevard; 750 Park of Commerce Road; 13621 Northwest 12th Street; 2 West Liberty Boulevard; 10400 Viking Drive; 100 Witmer Road; 7 Walnut Grove Drive; 4313 East Cotton Center Boulevard; 1200 Liberty Ridge Drive; 1400 Liberty Ridge Drive; 4750 South 44th Place; 680 Blair Mill Road; 3020 US Highway 301 South; 4 Walnut Grove Drive; 4631 Woodland Corporate Boulevard; 5 Walnut Grove Drive; 700 Dresher Road; 45-67 Great Valley Parkway; 4610 South 44th Place; 4217 East Cotton Center Boulevard; 1 Country View Road; 4410 East Cotton Center Boulevard; 951 Northwest Broken Sound Parkway; 77-123 Great Valley Parkway; 420-500 Lapp Road; 2 Walnut Grove Drive; 507 Prudential Road; 7930, 8010, 8020 Woodland Center Boulevard; 9801 South 51st Street; 180 Sheree Boulevard; 7615 Smetana Lane; 4550 South 44th Place; 131 Kelsey Lane; 5775 Old Shakopee Road West; 8401-8406 Benjamin Road (North); 7625 Smetana Lane; 5 Great Valley Parkway; 5705 Old Shakopee Road West; 7 Great Valley Parkway; 65 Valley Stream Parkway; 220 Gibraltar Road; 257-275 Great Valley Parkway; 240 Gibraltar Road; 200 Gibraltar Road; 9023 Columbine Road; 3 Country View Road; 1 Great Valley Parkway; 333 Phoenixville Pike; 4405 East Cotton Center Boulevard; 7920 Woodland Center Boulevard; 20 Valley Stream Parkway; 5715 Old Shakopee Road West; 150-182 Kelsey Lane; 155 Great Valley Parkway; 701-725 US Highway 301 South; 901-933 US Highway 301 South; 7725 Woodland Center Boulevard; 4508 Woodland Corporate Boulevard; 3102, 3104 and 3110 Cherry Palm; 101 Gibraltar Road; 6161 American Boulevard West; 4502 Woodland Center Boulevard; 8855 Columbine Road; 110 Gibraltar Road; 8939 Columbine Road; 7905 Fuller Road; 10801 Nesbitt Avenue South; 9008 Brittany Way; 8995 Columbine Road; 7852-7898 Woodland Center Boulevard; 455 Business Center Drive; 747 Dresher Road; 231-253 Gibraltar Road; 55 Valley Stream Parkway; 8212 Woodland Center Boulevard; 7802-7850 Woodland Center Boulevard; 4303 East Cotton Center Boulevard; 501 US Highway 301 South; 8102 Woodland Center Boulevard; 102 Rock Road; 111-159 Gibraltar Road; 181-187 Gibraltar Road; 200-264 Lakeside Drive; 120 Gibraltar Road; 4207 East Cotton Center Boulevard; 161-175 Gibraltar Road; 8967 Columbine Road; 8125-8198 Woodland Center Boulevard; 111 Kelsey Lane; 261-283 Gibraltar Road; 27-43 Great Valley Parkway; 767 Electronic Drive; 200-234 Kelsey Lane; 4435 East Cotton Center Boulevard; 7800 Equitable Drive; 8906 Brittany Way; 4520 Seedling Circle; 201-223 Witmer Road; 13630 Northwest 8th Street; 5735 Old Shakopee Road West; 50 Valley Stream Parkway; 4503 Woodland Corporate Boulevard; 508 Lapp Road; 125-135 Rock Road; 8911 Columbine Road; 9306-9324 East Broadway Avenue; 101-111 Rock Road; 201 Gibraltar Road; 4505 Woodland Corporate Boulevard; 4511 Woodland Corporate Boulevard; 400-445 Lakeside Drive, Unit #400; 40 Valley Stream Parkway; 103-109 Gibraltar Road; 7702 Woodland Center Boulevard; 113-123 Rock Road; 555 Business Center Drive; 8001 Woodland Center Boulevard; 4415 East Cotton Center Boulevard; 300 Welsh Road Building 4; 9001-9015 Brittany Way; 13650 Northwest 8th Street; 277-293 Great Valley Parkway; 300 Welsh Road (aka 5 Horsham Business Center); 300-309 Lakeside Drive; 101-107 Lakeside Drive; 7695-7699 Anagram Drive; 425 Technology Drive; 300 Technology Drive; 510 Lapp Road; 7851-61 Woodland Center Boulevard; 300 Welsh Road Building 3; 7624 Bald Cypress Place; 75 Great Valley Parkway; 506 Prudential Road; 30 Great Valley Parkway; 100 Gibraltar Road; Bloomington, MN (and 146 more) 55439 |
| Property type | Multiple property types |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2015", "2017", "2014", "2014", "2012", "2014", "2013", "2018", "2015", "2015"] |
| Original balance | $40.0M |
| Current balance | $40.0M (October 2024) |
| Share of deal balance | 4.2% |
| Interest rate at origination | 5.37% |
| Current interest rate | 5.37% |
| Origination date | 06-08-2018 |
| Original term | 61 months |
| Amortization term | not yet reported |
| Interest-only period | 61 months |
| Scheduled maturity | 2023-07-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 03-31-2023 |
| Servicer | Midland Loan Services |
| 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) |
|---|---|---|---|
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| UNITED HEALTHCARE SERVICES, INC | not yet reported | ["03-31-2024", "11-30-2021", "11-30-2026", "07-31-2026", "05-31-2024", "03-31-2024", "12-31-2023", "06-30-2022", "11-30-2026", "02-28-2027", "01-31-2022", "04-30-2025", "12-31-2021", "11-30-2023", "06-30-2028", "01-31-2021", "07-31-2029", "05-31-2025", "09-30-2028", "05-31-2023", "09-30-2027", "12-31-2023", "03-31-2025", "09-30-2022", "03-31-2025", "11-30-2024", "09-30-2030", "01-31-2025", "02-28-2026", "12-31-2030", "02-28-2022", "07-31-2022", "05-31-2023", "03-31-2027", "03-31-2023", "12-31-2023", "04-30-2026", "08-31-2027", "12-31-2020", "12-31-2021", "08-31-2024", "05-31-2022", "09-30-2024", "03-31-2022", "02-28-2024", "08-31-2024", "06-30-2022", "11-30-2021", "02-28-2026", "01-31-2022", "10-31-2024", "05-31-2028", "08-31-2022", "09-30-2028", "06-30-2026", "11-30-2022", "05-31-2028", "09-14-2024", "12-31-2022", "03-31-2024", "04-30-2026", "05-31-2027", "05-31-2021", "06-30-2023", "07-31-2024", "09-30-2021", "11-30-2024", "12-31-2024", "11-30-2024", "03-31-2022", "09-29-2022", "12-31-2030", "10-31-2023", "04-30-2023", "06-30-2026", "10-31-2029", "12-31-2022", "11-30-2031", "06-30-2026", "12-31-2022", "04-30-2027", "03-31-2022", "12-31-2023", "01-31-2022", "05-31-2027", "10-31-2024", "05-31-2030", "03-31-2023", "12-31-2027", "07-31-2028", "06-30-2022", "12-31-2024", "12-31-2036", "04-30-2021", "11-30-2025", "08-31-2026", "06-30-2026", "03-31-2026", "01-31-2027", "04-30-2024", "06-30-2026", "04-30-2023", "02-28-2025", "04-30-2022", "08-31-2021", "06-30-2027", "07-31-2021", "07-31-2022", "09-30-2023", "12-31-2023", "03-31-2028", "10-31-2024", "04-30-2025", "05-31-2023", "01-31-2025", "10-31-2022", "04-30-2024", "12-31-2021", "10-31-2024", "09-30-2030", "10-31-2024", "08-31-2025", "05-31-2022", "12-31-2021", "07-31-2026", "05-14-2022", "11-30-2025", "11-30-2026", "12-31-2029", "02-28-2021", "03-31-2036", "11-30-2022", "10-31-2022", "12-31-2025", "09-30-2032", "01-31-2025", "06-30-2021", "01-31-2022", "02-28-2026", "06-30-2026", "03-31-2024"] |
| EXPRESS SCRIPTS, INC | not yet reported | ["09-30-2031", "02-29-2024", "09-30-2023", "06-30-2024", "12-31-2024", "09-30-2024", "07-08-2027", "07-31-2024", "09-30-2021", "04-30-2027", "07-31-2021", "02-28-2023", "05-31-2025", "06-30-2028", "04-30-2023", "10-31-2026", "12-31-2025", "05-31-2021", "10-31-2025", "11-30-2022", "05-31-2022", "10-31-2025", "04-30-2023", "02-28-2026", "12-31-2022", "02-28-2023", "04-30-2026", "11-30-2024", "02-28-2023", "12-31-2021", "10-31-2023", "04-30-2023", "10-31-2022", "01-14-2021", "12-31-2022", "07-31-2028", "09-30-2025", "03-31-2022", "11-30-2026", "01-31-2022", "11-30-2024", "09-30-2023", "06-30-2021", "10-31-2024", "04-30-2022", "02-28-2023", "11-30-2024", "12-31-2022", "07-31-2023", "05-31-2026", "09-30-2027", "02-28-2025", "10-31-2022", "05-31-2021", "06-30-2027", "04-30-2026", "10-31-2024", "11-30-2025", "09-30-2026", "04-30-2022", "11-30-2026", "11-30-2021", "09-30-2021", "06-30-2028", "09-30-2023", "08-31-2023", "07-31-2023", "07-31-2025", "12-31-2020", "01-31-2028", "04-30-2026", "03-31-2026", "05-31-2022", "04-30-2026", "09-30-2023", "06-30-2022", "06-30-2026", "09-30-2021", "02-29-2024", "01-31-2025"] |
| CARIS MPI, INC | not yet reported | ["07-31-2026", "12-31-2022", "05-31-2026", "08-31-2023", "09-30-2021", "03-31-2023", "01-31-2022", "06-30-2024", "02-28-2022", "08-31-2024", "01-31-2022", "01-31-2021", "07-31-2022", "08-31-2026", "11-30-2027", "12-31-2023", "01-31-2021", "05-31-2028", "06-30-2026", "06-30-2028", "07-31-2024", "06-30-2022", "08-31-2024", "09-30-2022", "11-30-2021", "12-31-2029", "04-30-2025", "02-28-2022", "01-31-2021", "03-31-2025", "04-30-2021", "01-31-2023", "05-31-2022", "03-31-2023", "12-31-2020", "06-30-2029", "03-31-2028", "08-31-2024", "02-28-2022", "05-31-2023", "05-31-2023", "12-31-2021", "06-30-2022", "03-31-2023", "05-31-2023", "01-31-2022", "11-30-2021", "12-31-2022", "12-31-2022", "10-31-2024", "08-31-2025", "06-30-2023", "11-30-2025", "10-31-2022", "09-30-2021", "09-30-2021", "08-31-2021", "08-31-2021", "07-31-2024"] |
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 | $40.0M | Current | 5.37% | 1.31 | 1.47 | 77% | $0 | 03-31-2024 | $186.6M | $75.0M | $111.6M | $99.4M |
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 |
|---|---|
| 2023-04-25 | Transferred to the special servicer |
| 2023-07-01 | Scheduled maturity passed; the loan is still reported, with status Current in October 2024 |
| 2023-10-01 | 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-B8 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.