Retail · Charlottesville, Virginia
5th Street Station
Public CMBS trusts hold $41.9M of the loan on 5th Street Station at 4.80% that reaches maturity on June 6, 2028, in 19 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $41,942,128
- Original balance (same notes)
- $45,000,000
- Interest rate
- 4.80% fixed
- Originated
- May 18, 2018
- Maturity
- June 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2028
- Master servicer
- Midland
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 27, 2020, returned February 1, 2021
- Workout strategy
- Resolved
- Modified
- Yes, most recently March 19, 2026
- Defeasance
- Partly defeased
The property
- Address
- 5th Street Station Parkway, Charlottesville, VA 22902
- Rentable area
- 451,972 sq ft
- Built
- 2016
- Largest tenants
- Wegmans Food Markets, Inc., a New York corporation (t0003025); Dick's Sporting Goods, Inc 5603 (t0003712); Dick's Sporting Goods, Inc. 1539 (t0006046)
- Value at securitization
- $145.0M (Feb 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.35x | 3.55x |
| Occupancy | 93% | 100% |
| Net operating income (annualized from 6 months) | $7.3M | $14.6M |
| Debt yield | 34.8% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
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.
- Modified
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has risen from 93% when the loan was securitized to 100%.
- Net operating income is 99% above the underwritten figure ($14.6M a year against $7.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.35x at securitization to 3.55x on the latest statements.
- The most recent valuation in the filing is $110.2M (September 11, 2020), against $145.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $41.9M | Current | No | 3.55x | 100% |
| August 2026 | $41.9M | Current | No | 3.38x | 99% |
| July 2026 | $41.9M | Current | No | 3.38x | 99% |
| June 2026 | $41.9M | Current | No | n/a | n/a |
| May 2026 | $41.9M | Current | No | n/a | n/a |
| April 2026 | $41.9M | Current | No | 3.67x | 99% |
| March 2026 | $41.9M | Current | No | 3.67x | 99% |
| February 2026 | $41.9M | Current | No | 3.60x | 97% |
| January 2026 | $41.9M | Current | No | 3.60x | 97% |
| December 2025 | $41.9M | Current | No | 3.62x | 97% |
| November 2025 | $35.8M | Current | No | 3.62x | 97% |
| October 2025 | $41.9M | Current | No | 3.62x | 97% |
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 May 27, 2020, returned to the master servicer February 1, 2021.
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 | 4 | $33,553,703 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C12 | 35 | $8,388,426 | Sep 2026 | SEC filing, September 28, 2026 |
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.