← Wells Fargo Commercial Mortgage Trust 2018-C46 · Loan annex · CMBS market
- Deal
- Wells Fargo Commercial Mortgage Trust 2018-C46
- Current balance
- $9.6M (September 2026)
- Share of deal
- 1.8%
- Status
- 90+ days delinquent
- DSCR (latest)
- 1.08
- Occupancy (latest)
- 71%
- Scheduled maturity
- 2028-08-11
Property and terms
| Property | MEDICAL VILLAGE AT PINE HILLS |
| Address | 800, 840, 900 MERCY DRIVE; Orlando, FL 32808 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 57,623 |
| Year built | 1963 |
| Year last renovated | 2017 |
| Original balance | $11.5M |
| Current balance | $9.6M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 5.14% |
| Current interest rate | 5.14% |
| Origination date | 07-24-2018 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-08-11 |
| Prepayment lockout end | 05-10-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Wells Fargo Bank, National Association |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $15.7M | 03-26-2018 | MAI |
| Most recent reported | $12.0M | 2025-11-26 | MAI |
Change from securitization to the most recent reported valuation: -23.6%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Community Health Care | 22,109 | 01-17-2027 |
| Omega | 10,200 | 03-31-2025 |
| WO Dialysis Fresenius Medical Care | 5,613 | 08-31-2027 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2018 | $11.5M | Current | 5.14% | 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 2018 | $11.5M | Current | 5.14% | 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 | $11.5M | Current | 5.14% | 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 | $11.5M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.4M | Current | 5.14% | 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 | $11.3M | Current | 5.14% | 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 | $11.3M | Current | 5.14% | 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 2019 | $11.3M | Current | 5.14% | 1.25 | 1.35 | 92% | $0 | 06-30-2019 | $726,258 | $219,366 | $506,892 | $472,319 |
| November 2019 | $11.3M | Current | 5.14% | 1.25 | 1.35 | 92% | $0 | 06-30-2019 | $726,258 | $219,366 | $506,892 | $472,319 |
| December 2019 | $11.3M | Current | 5.14% | 1.26 | 1.35 | 92% | $0 | 09-30-2019 | $1.1M | $330,774 | $761,083 | $709,223 |
| January 2020 | $11.3M | Current | 5.14% | 1.26 | 1.35 | 92% | $0 | 09-30-2019 | $1.1M | $330,774 | $761,083 | $709,223 |
| February 2020 | $11.3M | Current | 5.14% | 1.26 | 1.35 | 92% | $0 | 09-30-2019 | $1.1M | $330,774 | $761,083 | $709,223 |
| March 2020 | $11.2M | Current | 5.14% | 1.26 | 1.35 | 92% | $0 | 09-30-2019 | $1.1M | $330,774 | $761,083 | $709,223 |
| April 2020 | $11.2M | Current | 5.14% | 1.26 | 1.35 | 92% | $0 | 09-30-2019 | $1.1M | $330,774 | $761,083 | $709,223 |
| May 2020 | $11.2M | 30-59 days delinquent | 5.14% | 1.36 | 1.45 | 92% | $125,349 | 12-31-2019 | $1.5M | $366,887 | $1.1M | $1.0M |
| June 2020 | $11.2M | 30-59 days delinquent | 5.14% | 1.36 | 1.45 | 92% | $125,349 | 12-31-2019 | $1.5M | $366,887 | $1.1M | $1.0M |
| July 2020 | $11.2M | 30-59 days delinquent | 5.14% | 1.97 | 2.07 | 92% | $125,349 | 03-31-2020 | $490,076 | $101,305 | $388,771 | $371,485 |
| August 2020 | $11.2M | 60-89 days delinquent | 5.14% | 1.97 | 2.07 | 92% | $188,023 | 03-31-2020 | $490,076 | $101,305 | $388,771 | $371,485 |
| September 2020 | $11.2M | 60-89 days delinquent | 5.14% | 1.97 | 2.07 | 92% | $188,024 | 03-31-2020 | $490,076 | $101,305 | $388,771 | $371,485 |
| October 2020 | $11.2M | 90+ days delinquent | 5.14% | 1.97 | 2.07 | 92% | $250,699 | 03-31-2020 | $490,076 | $101,305 | $388,771 | $371,485 |
| November 2020 | $11.2M | 90+ days delinquent | 5.14% | 1.97 | 2.07 | 92% | $313,143 | 03-31-2020 | $490,076 | $101,305 | $388,771 | $371,485 |
| December 2020 | $11.1M | Current | 5.14% | 1.97 | 2.07 | 92% | $0 | 03-31-2020 | $490,076 | $101,305 | $388,771 | $371,485 |
| January 2021 | $11.1M | Current | 5.14% | 1.44 | 1.53 | 75% | $0 | 09-30-2020 | $1.2M | $290,389 | $865,198 | $813,337 |
| February 2021 | $11.1M | Current | 5.14% | 1.44 | 1.53 | 75% | $0 | 09-30-2020 | $1.2M | $290,389 | $865,198 | $813,337 |
| March 2021 | $11.1M | Current | 5.14% | 1.44 | 1.53 | 75% | $0 | 09-30-2020 | $1.2M | $290,389 | $865,198 | $813,337 |
| April 2021 | $11.1M | Current | 5.14% | 1.44 | 1.53 | 75% | $0 | 09-30-2020 | $1.2M | $290,389 | $865,198 | $813,337 |
| May 2021 | $11.1M | Matured balloon, non-performing | 5.14% | 1.27 | 1.36 | 87% | $62,049 | 12-31-2020 | $1.4M | $389,709 | $1.0M | $954,191 |
| June 2021 | $11.0M | Current | 5.14% | 1.27 | 1.36 | 87% | $0 | 12-31-2020 | $1.4M | $389,709 | $1.0M | $954,191 |
| July 2021 | $11.0M | Current | 5.14% | 1.27 | 1.36 | 87% | $0 | 12-31-2020 | $1.4M | $389,709 | $1.0M | $954,191 |
| August 2021 | $11.0M | Current | 5.14% | 1.27 | 1.36 | 87% | $0 | 12-31-2020 | $1.4M | $389,709 | $1.0M | $954,191 |
| September 2021 | $11.0M | Current | 5.14% | 1.27 | 1.36 | 87% | $0 | 12-31-2020 | $1.4M | $389,709 | $1.0M | $954,191 |
| October 2021 | $11.0M | Current | 5.14% | 1.27 | 1.36 | 87% | $0 | 12-31-2020 | $1.4M | $389,709 | $1.0M | $954,191 |
| November 2021 | $11.0M | Current | 5.14% | 1.26 | 1.35 | 87% | $0 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| December 2021 | $11.0M | Matured balloon, non-performing | 5.14% | 1.26 | 1.35 | 87% | $62,677 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| January 2022 | $10.9M | Current | 5.14% | 1.26 | 1.35 | 87% | $0 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| February 2022 | $10.9M | Matured balloon, non-performing | 5.14% | 1.26 | 1.35 | 87% | $62,048 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| March 2022 | $10.9M | Matured balloon, non-performing | 5.14% | 1.26 | 1.35 | 87% | $62,680 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| April 2022 | $10.9M | Matured balloon, non-performing | 5.14% | 1.26 | 1.35 | 87% | $62,048 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| May 2022 | $10.9M | Matured balloon, non-performing | 5.14% | 1.26 | 1.35 | 87% | $62,050 | 09-30-2021 | $1.1M | $358,208 | $764,032 | $712,171 |
| June 2022 | $10.9M | Matured balloon, non-performing | 5.14% | 1.25 | 1.34 | 87% | $62,048 | 12-31-2021 | $1.5M | $470,671 | $1.0M | $938,167 |
| July 2022 | $10.9M | 30-59 days delinquent | 5.14% | 1.25 | 1.34 | 87% | $125,352 | 12-31-2021 | $1.5M | $470,671 | $1.0M | $938,167 |
| August 2022 | $10.9M | 30-59 days delinquent | 5.14% | 1.25 | 1.34 | 87% | $125,352 | 12-31-2021 | $1.5M | $470,671 | $1.0M | $938,167 |
| September 2022 | $10.8M | Matured balloon, non-performing | 5.14% | 1.25 | 1.34 | 87% | $125,351 | 12-31-2021 | $1.5M | $470,671 | $1.0M | $938,167 |
| October 2022 | $10.8M | 30-59 days delinquent | 5.14% | 1.50 | 1.59 | 87% | $125,353 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| November 2022 | $10.8M | 60-89 days delinquent | 5.14% | 1.50 | 1.59 | 87% | $188,028 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| December 2022 | $10.8M | 90+ days delinquent | 5.14% | 1.50 | 1.59 | 87% | $247,974 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| January 2023 | $10.8M | 90+ days delinquent | 5.14% | 1.50 | 1.59 | 87% | $298,129 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| February 2023 | $10.8M | 60-89 days delinquent | 5.14% | 1.50 | 1.59 | 87% | $164,019 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| March 2023 | $10.8M | 90+ days delinquent | 5.14% | 1.50 | 1.59 | 87% | $215,958 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| April 2023 | $10.8M | 90+ days delinquent | 5.14% | 1.50 | 1.59 | 87% | $266,741 | 06-30-2022 | $775,188 | $176,510 | $598,678 | $564,104 |
| May 2023 | $10.8M | 90+ days delinquent | 5.14% | 1.36 | 1.45 | 82% | $317,909 | 12-31-2022 | $1.5M | $437,725 | $1.1M | $1.0M |
| June 2023 | $10.7M | Current | 5.14% | 1.36 | 1.45 | 82% | $0 | 12-31-2022 | $1.5M | $437,725 | $1.1M | $1.0M |
| July 2023 | $10.6M | Current | 5.14% | 1.36 | 1.45 | 82% | $0 | 12-31-2022 | $1.5M | $437,725 | $1.1M | $1.0M |
| August 2023 | $10.6M | Current | 5.14% | 1.36 | 1.45 | 82% | $0 | 12-31-2022 | $1.5M | $437,725 | $1.1M | $1.0M |
| September 2023 | $10.6M | Current | 5.14% | 1.36 | 1.45 | 82% | $0 | 12-31-2022 | $1.5M | $437,725 | $1.1M | $1.0M |
| October 2023 | $10.6M | Current | 5.14% | 1.36 | 1.45 | 82% | $0 | 12-31-2022 | $1.5M | $437,725 | $1.1M | $1.0M |
| November 2023 | $10.6M | Current | 5.14% | 1.29 | 1.37 | 82% | $0 | 06-30-2023 | $704,048 | $189,995 | $514,053 | $485,891 |
| December 2023 | $10.6M | Matured balloon, non-performing | 5.14% | 1.27 | 1.36 | 82% | $62,051 | 09-30-2023 | $1.1M | $282,355 | $769,978 | $718,117 |
| January 2024 | $10.6M | Matured balloon, non-performing | 5.14% | 1.27 | 1.36 | 82% | $62,049 | 09-30-2023 | $1.1M | $282,355 | $769,978 | $718,117 |
| February 2024 | $10.5M | Current | 5.14% | 1.27 | 1.36 | 82% | $0 | 09-30-2023 | $1.1M | $282,355 | $769,978 | $718,117 |
| March 2024 | $10.5M | Current | 5.14% | 1.27 | 1.36 | 82% | $0 | 09-30-2023 | $1.1M | $282,355 | $769,978 | $718,117 |
| April 2024 | $10.5M | Current | 5.14% | 1.27 | 1.36 | 82% | $0 | 09-30-2023 | $1.1M | $282,355 | $769,978 | $718,117 |
| May 2024 | $10.5M | Current | 5.14% | 1.27 | 1.36 | 82% | $0 | 09-30-2023 | $1.1M | $282,355 | $769,978 | $718,117 |
| June 2024 | $10.5M | Current | 5.14% | 1.25 | 1.34 | 82% | $0 | 12-31-2023 | $1.4M | $379,884 | $1.0M | $940,842 |
| July 2024 | $10.4M | Current | 5.14% | 1.25 | 1.34 | 82% | $0 | 12-31-2023 | $1.4M | $379,884 | $1.0M | $940,842 |
| August 2024 | $10.4M | Current | 5.14% | 1.25 | 1.34 | 82% | $0 | 12-31-2023 | $1.4M | $379,884 | $1.0M | $940,842 |
| September 2024 | $10.4M | Current | 5.14% | 1.25 | 1.34 | 82% | $0 | 12-31-2023 | $1.4M | $379,884 | $1.0M | $940,842 |
| October 2024 | $10.4M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 06-30-2024 | $664,730 | $211,682 | $453,048 | $418,474 |
| November 2024 | $10.4M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 06-30-2024 | $664,730 | $211,682 | $453,048 | $418,474 |
| December 2024 | $10.4M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 06-30-2024 | $664,730 | $211,682 | $453,048 | $418,474 |
| January 2025 | $10.3M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 09-30-2024 | $998,230 | $322,090 | $676,140 | $624,279 |
| February 2025 | $10.3M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 09-30-2024 | $998,230 | $322,090 | $676,140 | $624,279 |
| March 2025 | $10.3M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 09-30-2024 | $998,230 | $322,090 | $676,140 | $624,279 |
| April 2025 | $10.3M | Current | 5.14% | 1.11 | 1.20 | 71% | $0 | 09-30-2024 | $998,230 | $322,090 | $676,140 | $624,279 |
| May 2025 | $10.3M | Matured balloon, non-performing | 5.14% | 1.08 | 1.17 | 71% | $62,052 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| June 2025 | $10.3M | Matured balloon, non-performing | 5.14% | 1.08 | 1.17 | 71% | $62,051 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| July 2025 | $10.2M | Matured balloon, non-performing | 5.14% | 1.08 | 1.17 | 71% | $62,052 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| August 2025 | $10.2M | 30-59 days delinquent | 5.14% | 1.08 | 1.17 | 71% | $125,358 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| September 2025 | $10.2M | 30-59 days delinquent | 5.14% | 1.08 | 1.17 | 71% | $125,356 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| October 2025 | $10.2M | 60-89 days delinquent | 5.14% | 1.08 | 1.17 | 71% | $188,036 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| November 2025 | $10.2M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $250,714 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| December 2025 | $10.2M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $313,394 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| January 2026 | $9.6M | Matured balloon, non-performing | 5.14% | 1.08 | 1.17 | 71% | $63,162 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| February 2026 | $9.6M | 30-59 days delinquent | 5.14% | 1.08 | 1.17 | 71% | $125,357 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| March 2026 | $9.6M | 60-89 days delinquent | 5.14% | 1.08 | 1.17 | 71% | $188,040 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| April 2026 | $9.6M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $250,719 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| May 2026 | $9.6M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $305,269 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| June 2026 | $9.6M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $367,948 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| July 2026 | $9.6M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $430,628 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| August 2026 | $9.6M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $493,307 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
| September 2026 | $9.6M | 90+ days delinquent | 5.14% | 1.08 | 1.17 | 71% | $555,987 | 12-31-2024 | $1.3M | $458,096 | $883,304 | $814,156 |
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 |
| 2020-08-31 | Transferred to the special servicer |
| 2021-04-02 | Returned to the master servicer |
| 2022-12-01 | Transferred to the special servicer |
| 2023-08-30 | Loan modified (maturity after modification 2028-08-11) |
| 2023-10-11 | Returned to the master servicer |
| 2023-10-11 | Returned to the master servicer |
| 2025-10-24 | Transferred to the special servicer |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.