Mixed use · New York, New York
20 Times Square, New York (2026 maturity), loan 1 in UBS Commercial Mortgage Trust 2018-C11
Public CMBS trusts hold $64.7M of the loan on 20 Times Square at 3.108% that reached maturity on May 5, 2026, 5 months ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $64,746,859
- Original balance (same notes)
- $75,000,000
- Interest rate
- 3.108% fixed
- Originated
- April 27, 2018
- Maturity
- May 5, 2023; extended by modification to May 5, 2026
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 4, 2023
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Natixis
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 21, 2026
- Workout strategy
- Other
- Modified
- Yes
- Defeasance
- None reported
The property
- Address
- 701 Seventh Avenue, New York, NY 10036
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 16,066 sq ft
- Largest tenants
- THE HERSHEY COMPANY; Clear Channel
- Value at securitization
- $1.6B (Jan 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.65x | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $30.4M | n/a |
Watch flags
Computed from the UBS Commercial Mortgage Trust 2018-C12 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- Past maturity
- Modified
On the cmbs.news watch list in every report since May 2026.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $64.7M | Non performing matured balloon | Yes | n/a | n/a |
| August 2026 | $64.7M | Non performing matured balloon | Yes | n/a | n/a |
| July 2026 | $64.7M | Non performing matured balloon | Yes | n/a | n/a |
| June 2026 | $64.7M | Non performing matured balloon | Yes | n/a | n/a |
| May 2026 | $64.7M | Non performing matured balloon | No | n/a | n/a |
| April 2026 | $64.7M | Current | No | 4.06x | n/a |
| March 2026 | $64.8M | Current | No | 4.06x | n/a |
| February 2026 | $64.9M | Current | No | 4.06x | n/a |
| January 2026 | $64.9M | Current | No | 4.06x | n/a |
| December 2025 | $65.0M | Current | No | 4.03x | n/a |
| November 2025 | $78.4M | Current | No | 4.03x | 99% |
| October 2025 | $65.1M | Current | No | 4.03x | n/a |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Special-servicing history
- Transferred to the special servicer December 15, 2022, returned to the master servicer December 19, 2023.
- Transferred to the special servicer April 21, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C11 | 1 | $43,164,555 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C12 | 6 | $21,582,303 | Sep 2026 | SEC filing, September 28, 2026 |
Other New York-Newark-Jersey City loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Novo Nordisk HQ | Plainsboro, NJ | Office | $210.7M | 2.838% | Nov 2026 | 4.18x | 78% | Current |
| 681 Fifth Avenue | New York, NY | Mixed use | $135.0M | 4.127% | Nov 2026 | 0.16x | 66% | With the special servicer and 90+ days delinquent |
| The Essex | New York, NY | Mixed use | $117.0M | 2.759% | Nov 2026 | n/a | n/a | Current |
| 8 Times Square & 1460 Broadway | New York, NY | Mixed use | $100.0M | 4.05% | Nov 2026 | 2.01x | 100% | With the special servicer |
| 85 Tenth Avenue | New York, NY | Mixed use | $100.0M | 3.821% | Dec 2026 | 1.91x | 89% | With the special servicer |
| 55 Prospect Street, Brooklyn (2026 maturity) | Brooklyn, NY | Office | $72.9M | 4.05% | Sep 2026 | n/a | n/a | With the special servicer |
| 101 Ludlow | New York, NY | Mixed use | $71.0M | 4.412% | Nov 2026 | 1.81x | 100% | Current |
| 20 Times Square, New York (2026 maturity), loan 1 in CSAIL 2018-CX12 Commercial Mortgage Trust | New York, NY | Other | $64.7M | 3.108% | May 2026 | 4.15x | n/a | With the special servicer |
All loans maturing in 2026 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.