← Morgan Stanley Capital I Trust 2018-H3 · Loan annex · CMBS market
- Deal
- Morgan Stanley Capital I Trust 2018-H3
- Current balance
- $11.0M (September 2026)
- Share of deal
- 1.6%
- Status
- 90+ days delinquent
- DSCR (latest)
- 0.58
- Occupancy (latest)
- 98%
- Scheduled maturity
- 2028-04-06
Property and terms
| Property | Prince and Spring Street Portfolio |
| Address | NY |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $11.0M |
| Current balance | $11.0M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 5.34% |
| Current interest rate | 5.34% |
| Origination date | 03-13-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-04-06 |
| Prepayment lockout end | 01-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | AREF |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $66.0M | not yet reported | not yet reported |
| Most recent reported | $52.0M | 2026-03-31 | MAI |
Change from securitization to the most recent reported valuation: -21.2%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| July 2018 | $11.0M | Current | 5.34% | 1.08 | 1.08 | 97% | $0 | 12-31-2017 | $3.8M | $1.4M | $2.4M | $2.4M |
| August 2018 | $11.0M | Current | 5.34% | 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 |
| September 2018 | $11.0M | Current | 5.34% | 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 |
| October 2018 | $11.0M | Current | 5.34% | 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 | $11.0M | Current | 5.34% | 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 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 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 | $11.0M | Current | 5.34% | 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 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 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 2019 | $11.0M | Current | 5.34% | 1.23 | 1.24 | 85% | $0 | 06-30-2019 | $2.1M | $684,365 | $1.4M | $1.4M |
| October 2019 | $11.0M | Current | 5.34% | 1.23 | 1.24 | 85% | $0 | 06-30-2019 | $2.1M | $684,365 | $1.4M | $1.4M |
| November 2019 | $11.0M | Current | 5.34% | 1.24 | 1.24 | 95% | $0 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| December 2019 | $11.0M | Current | 5.34% | 1.24 | 1.24 | 95% | $0 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| January 2020 | $11.0M | Current | 5.34% | 1.24 | 1.24 | 95% | $0 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| February 2020 | $11.0M | Current | 5.34% | 1.24 | 1.24 | 95% | $0 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| March 2020 | $11.0M | Current | 5.34% | 1.24 | 1.24 | 95% | $0 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| April 2020 | $11.0M | Matured balloon, non-performing | 5.34% | 1.24 | 1.24 | 95% | $50,534 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| May 2020 | $11.0M | 30-59 days delinquent | 5.34% | 1.24 | 1.24 | 95% | $99,438 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| June 2020 | $11.0M | 30-59 days delinquent | 5.34% | 1.24 | 1.24 | 95% | $99,438 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| July 2020 | $11.0M | 60-89 days delinquent | 5.34% | 1.24 | 1.24 | 95% | $148,343 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| August 2020 | $11.0M | Matured balloon, non-performing | 5.34% | 1.24 | 1.24 | 95% | $50,534 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| September 2020 | $11.0M | Matured balloon, non-performing | 5.34% | 1.24 | 1.24 | 95% | $50,534 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| October 2020 | $11.0M | 30-59 days delinquent | 5.34% | 1.24 | 1.24 | 95% | $99,438 | 09-30-2019 | $3.1M | $1.0M | $2.1M | $2.1M |
| November 2020 | $11.0M | 30-59 days delinquent | 5.34% | 0.72 | 0.73 | 95% | $99,438 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| December 2020 | $11.0M | 60-89 days delinquent | 5.34% | 0.72 | 0.73 | 95% | $148,343 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| January 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $198,877 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| February 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $249,411 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| March 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $295,055 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| April 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $333,934 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| May 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $370,350 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| June 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $407,980 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| July 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $444,397 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| August 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $482,443 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| September 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $532,561 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| October 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.72 | 0.73 | 95% | $556,073 | 06-30-2020 | $1.6M | $834,846 | $812,419 | $805,333 |
| November 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.37 | 0.38 | 94% | $593,703 | 06-30-2021 | $1.4M | $1.0M | $420,751 | $413,665 |
| December 2021 | $11.0M | 90+ days delinquent | 5.34% | 0.37 | 0.38 | 94% | $630,119 | 06-30-2021 | $1.4M | $1.0M | $420,751 | $413,665 |
| January 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.37 | 0.38 | 94% | $667,749 | 06-30-2021 | $1.4M | $1.0M | $420,751 | $413,665 |
| February 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.20 | 0.20 | 95% | $705,380 | 09-30-2021 | $3.6M | $3.2M | $338,022 | $327,393 |
| March 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.20 | 0.20 | 95% | $726,464 | 09-30-2021 | $3.6M | $3.2M | $338,022 | $327,393 |
| April 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.20 | 0.20 | 95% | $764,094 | 09-30-2021 | $3.6M | $3.2M | $338,022 | $327,393 |
| May 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.08 | 0.09 | 96% | $812,998 | 12-31-2021 | $2.9M | $2.3M | $572,736 | $558,564 |
| June 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.08 | 0.09 | 96% | $863,532 | 12-31-2021 | $2.9M | $2.3M | $572,736 | $558,564 |
| July 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.08 | 0.09 | 96% | $912,437 | 12-31-2021 | $2.9M | $2.3M | $572,736 | $558,564 |
| August 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.09 | 0.09 | 100% | $962,971 | 03-31-2022 | $798,112 | $644,337 | $153,775 | $150,232 |
| September 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.09 | 0.09 | 100% | $1.0M | 03-31-2022 | $798,112 | $644,337 | $153,775 | $150,232 |
| October 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.09 | 0.09 | 100% | $1.1M | 03-31-2022 | $798,112 | $644,337 | $153,775 | $150,232 |
| November 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.22 | 0.22 | 95% | $755,498 | 06-30-2022 | $1.7M | $962,414 | $739,582 | $732,496 |
| December 2022 | $11.0M | 90+ days delinquent | 5.34% | 0.22 | 0.22 | 95% | $804,402 | 06-30-2022 | $1.7M | $962,414 | $739,582 | $732,496 |
| January 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.22 | 0.22 | 95% | $851,990 | 06-30-2022 | $1.7M | $962,414 | $739,582 | $732,496 |
| February 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.22 | 0.22 | 95% | $899,579 | 06-30-2022 | $1.7M | $962,414 | $739,582 | $732,496 |
| March 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.22 | 0.22 | 95% | $905,515 | 06-30-2022 | $1.7M | $962,414 | $739,582 | $732,496 |
| April 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.22 | 0.22 | 95% | $953,104 | 06-30-2022 | $1.7M | $962,414 | $739,582 | $732,496 |
| May 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.24 | 0.25 | 100% | $1.0M | 12-31-2022 | $3.6M | $2.0M | $1.6M | $1.6M |
| June 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.24 | 0.25 | 100% | $1.0M | 12-31-2022 | $3.6M | $2.0M | $1.6M | $1.6M |
| July 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.24 | 0.25 | 100% | $1.1M | 12-31-2022 | $3.6M | $2.0M | $1.6M | $1.6M |
| August 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.24 | 0.25 | 100% | $1.1M | 12-31-2022 | $3.6M | $2.0M | $1.6M | $1.6M |
| September 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.24 | 0.25 | 100% | $1.2M | 12-31-2022 | $3.6M | $2.0M | $1.6M | $1.6M |
| October 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.24 | 0.25 | 100% | $1.2M | 12-31-2022 | $3.6M | $2.0M | $1.6M | $1.6M |
| November 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.32 | 0.33 | 95% | $1.3M | 06-30-2023 | $2.1M | $1.0M | $1.1M | $1.1M |
| December 2023 | $11.0M | 90+ days delinquent | 5.34% | 0.32 | 0.33 | 95% | $1.3M | 06-30-2023 | $2.1M | $1.0M | $1.1M | $1.1M |
| January 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.32 | 0.33 | 95% | $1.4M | 06-30-2023 | $2.1M | $1.0M | $1.1M | $1.1M |
| February 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.32 | 0.33 | 95% | $1.4M | 06-30-2023 | $2.1M | $1.0M | $1.1M | $1.1M |
| March 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.32 | 0.33 | 95% | $1.5M | 06-30-2023 | $2.1M | $1.0M | $1.1M | $1.1M |
| April 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.32 | 0.33 | 95% | $1.5M | 06-30-2023 | $2.1M | $1.0M | $1.1M | $1.1M |
| May 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.6M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| June 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.6M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| July 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.7M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| August 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.7M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| September 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.7M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| October 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.8M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| November 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.8M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| December 2024 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.9M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| January 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.9M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| February 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $2.0M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| March 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $2.0M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| April 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $2.0M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| May 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.9M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| June 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.9M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| July 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.26 | 0.26 | 95% | $1.9M | 12-31-2023 | $4.4M | $2.7M | $1.7M | $1.7M |
| August 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.0M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| September 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.0M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| October 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.1M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| November 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.1M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| December 2025 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.2M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| January 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.2M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| February 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.3M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| March 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.3M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| April 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.3M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| May 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.4M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| June 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.3M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| July 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.4M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| August 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.4M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
| September 2026 | $11.0M | 90+ days delinquent | 5.34% | 0.58 | 0.59 | 98% | $2.4M | 03-31-2025 | $1.0M | $692,247 | $325,874 | $322,331 |
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 |
|---|---|
| May 2020 | First reported 30 or more days delinquent |
| 2020-12-17 | Transferred to the special 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: Wells Fargo Commercial Mortgage Trust 2018-C44.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.