Retail · Marana, Arizona
Arizona Pavilions West
Arizona Pavilions West is financed with a $13.9M CMBS loan at 5.452% that reaches maturity on October 6, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $13,875,362
- Original balance (same notes)
- $15,800,000
- Interest rate
- 5.452% fixed
- Originated
- September 7, 2018
- Maturity
- October 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 5, 2028
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently August 19, 2021
- Defeasance
- None reported
The property
- Address
- 5947 West Arizona Pavilions Drive 8020,8024,8028,8030,8040 & 8050 N. Contaro Road, Marana, AZ 85743
- Metro
- Tucson, AZ
- Rentable area
- 101,034 sq ft
- Built
- 2017
- Largest tenants
- ROSS; TJX; HOME GOODS
- Value at securitization
- $21.6M (Oct 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.31x | 1.47x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $1.4M | $3.2M |
| Debt yield | 22.9% |
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-C13 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
- Net operating income is 126% above the underwritten figure ($3.2M a year against $1.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.31x at securitization to 1.47x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.9M | Late payment but less than 30 days delinquent | No | 1.47x | 100% |
| August 2026 | $13.9M | Current | No | 1.47x | 100% |
| July 2026 | $13.9M | Current | No | 1.39x | 100% |
| June 2026 | $13.9M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $13.9M | Current | No | n/a | n/a |
| April 2026 | $14.0M | Current | No | 1.41x | 100% |
| March 2026 | $14.0M | Current | No | 1.41x | 100% |
| February 2026 | $14.1M | Late payment but less than 30 days delinquent | No | 1.41x | 100% |
| January 2026 | $14.1M | Current | No | 1.41x | 100% |
| December 2025 | $14.1M | Current | No | 1.41x | 100% |
| November 2025 | $14.1M | Current | No | 1.38x | 100% |
| October 2025 | $14.1M | Current | No | 1.38x | 100% |
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.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C13 | 16 | $13,875,362 | Sep 2026 | SEC filing, September 28, 2026 |
Other Tucson loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Plaza Del Oro | Tucson, AZ | Retail | $15.1M | 4.78% | Apr 2028 | 1.85x | 100% | Current |
| Embassy Suites Tucson, Az | Tucson, AZ | Hotel | $12.0M | 4.986% | Jun 2028 | 2.30x | 79% | Current |
| Palo Verde Industrial | Tucson, AZ | Industrial | $9.9M | 4.905% | Sep 2028 | 0.48x | 74% | Current |
| Safeway Vistoso Plaza | Oro Valley, AZ | Retail | $6.0M | 5.16% | Sep 2028 | n/a | n/a | Current |
| 2 East Congress Street | Tucson, AZ | Mixed use | $5.7M | 4.82% | May 2028 | 0.99x | 98% | Current |
| Hampton Inn & Suites Tucson Mall | Tucson, AZ | Hotel | $4.9M | 5.127% | Aug 2028 | 2.98x | 77% | Current |
| Fairfield Inn Tucson North | Oro Valley, AZ | Hotel | $3.8M | 6.213% | Feb 2028 | n/a | n/a | Current |
| Towneplace Suites Tucson | Tucson, AZ | Hotel | $3.8M | 5.127% | Aug 2028 | 3.31x | 83% | Current |
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.