Retail · Fort Collins, Colorado

Arbor Plaza

Arbor Plaza is financed with a $10.3M CMBS loan at 4.969% that reaches maturity on April 6, 2028, in 17 months. As of the Oct 2026 servicer report its status is current.

The loan

Balance in tracked trusts
$10,280,286
Original balance (same notes)
$10,850,000
Interest rate
4.969% fixed
Originated
March 15, 2018
Maturity
April 6, 2028
Payments
Interest only for 60 months, then amortizing
Prepayment lockout ended
August 5, 2020
Prepayment premium ends
January 5, 2028 (yield maintenance)
Master servicer
Trimont LLC
Originator
Goldman Sachs Mortgage Company

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
Partly defeased

The property

Address
4600-4637 South Mason Street, Fort Collins, CO 80525
Metro
Fort Collins-Loveland, CO
Rentable area
69,683 sq ft
Built
1986, renovated 2013
Largest tenants
UCHEALTH; Firestone; Sola Salon Studios
Value at securitization
$15.5M (Feb 2018)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)1.49x1.56x
Occupancy99%81%
Net operating income (annualized from 6 months)$1.0M$1.1M
Debt yield10.7%

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 GS Mortgage Securities Trust 2018-GS10 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.

  • Occupancy down 10 points or more from securitization

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 fallen from 99% when the loan was securitized to 81%.
  • Net operating income is 6% above the underwritten figure ($1.1M a year against $1.0M; the latest statement covers 6 months, annualized).

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
October 2026$10.3MCurrentNo1.56x81%
September 2026$10.3MCurrentNo1.56x81%
August 2026$10.3MCurrentNo1.50x82%
July 2026$10.3MCurrentNo1.58x85%
June 2026$10.3MCurrentNo1.58x85%
May 2026$10.4MCurrentNo1.58x85%
April 2026$10.4MCurrentNo1.58x85%
March 2026$10.4MCurrentNo1.70x89%
February 2026$10.4MCurrentNo1.70x89%
January 2026$10.4MCurrentNo1.70x89%
December 2025$10.4MCurrentNo1.70x89%
November 2025$10.4MCurrentNo1.85x86%

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.

Where the loan sits

One trust holds this loan in the data.

TrustLoan no.BalanceReport periodSource
GS Mortgage Securities Trust 2018-GS1023$10,280,286Oct 2026SEC filing, October 22, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Fort Collins-Loveland loans due in 2028

Property Location Type Balance Rate Matures DSCR Occ. Status
Firehouse Self Storage Loveland, CO Self storage $13.0M 4.867% Jan 2028 2.71x 85% Current
Sunflower MHC Fort Collins, CO Manufactured housing $10.8M 5.022% Jul 2028 n/a n/a Current
Safeway Drake Road Fort Collins, CO Retail $4.0M 4.62% Jun 2028 4.28x 100% Current

All loans maturing in 2028 · All Fort Collins-Loveland loans

Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.