← UBS Commercial Mortgage Trust 2018-C13 · Loan annex · CMBS market
- Deal
- UBS Commercial Mortgage Trust 2018-C13
- Current balance
- $2.0M (October 2018)
- Share of deal
- not yet reported
- Status
- not yet reported
- DSCR (latest)
- 2.16
- Occupancy (latest)
- 96%
- Scheduled maturity
- 2023-09-06
Property and terms
| Property | 1670 Broadway |
| Address | 1670 Broadway; Denver, CO 80202 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 703,654 |
| Year built | 1980 |
| Year last renovated | 2018 |
| Original balance | $48.0M |
| Current balance | $2.0M (October 2018) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 3.85% |
| Current interest rate | 5.11% |
| Origination date | 08-16-2018 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2023-09-06 |
| Prepayment lockout end | 06-05-2023 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | UBS AG |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $239.5M | 07-03-2018 | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| TIAA | 341,079 | 12-31-2029 |
| HUD | 86,809 | 12-31-2028 |
| HDR Engineering | 54,773 | 10-31-2020 |
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 2018 | $2.0M | not yet reported | 5.11% | 2.16 | 2.16 | 96% | not yet reported | 07-31-2018 | $386,212 | $162,918 | $223,294 | $223,294 |
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 |
|---|---|
| 2023-09-06 | Scheduled maturity passed; the loan is still reported, with status not yet reported in October 2018 |
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: UBS Commercial Mortgage Trust 2018-C14 (segment D01, CIK 1758292).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.