Retail · Aventura, Florida
Aventura Mall
Public CMBS trusts hold $900.0M of the loan on Aventura Mall at 4.121% that reaches maturity on July 1, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $900,000,000
- Original balance (same notes)
- $900,000,000
- Interest rate
- 4.121% fixed
- Originated
- June 7, 2018
- Maturity
- July 1, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 31, 2027
- Master servicer
- Wells Fargo
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 19501 Biscayne Boulevard, Aventura, FL 33180
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 1,217,508 sq ft
- Built
- 1983, renovated 2017
- Largest tenants
- J. C. Penney Co. (Post -Petition); AMC Theaters; Zaa
- Value at securitization
- $3.5B (Apr 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.63x | n/a |
| Occupancy | 93% | n/a |
| Net operating income | $154.9M | n/a |
Watch flags
Computed from the DBGS 2018-C1 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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
- The filing gives Apr 2028 as the lease end date for the largest tenant (J. C. Penney Co. (Post -Petition)), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $900.0M | Current | No | 2.43x | 99% |
| August 2026 | $900.0M | Late payment but less than 30 days delinquent | No | 2.43x | 99% |
| July 2026 | $850.0M | Late payment but less than 30 days delinquent | No | 2.43x | 99% |
| June 2026 | $850.0M | Current | No | 2.43x | 99% |
| May 2026 | $900.0M | Late payment but less than 30 days delinquent | No | 2.45x | 97% |
| April 2026 | $900.0M | Current | No | 2.45x | 98% |
| March 2026 | $900.0M | Current | No | 2.45x | 98% |
| February 2026 | $900.0M | Current | No | 2.45x | 98% |
| January 2026 | $900.0M | Late payment but less than 30 days delinquent | No | 2.46x | 98% |
| December 2025 | $900.0M | Current | No | 2.46x | 98% |
| November 2025 | $900.0M | Current | No | 2.46x | 98% |
| October 2025 | $900.0M | Current | No | 2.46x | 98% |
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
The loan is split into 19 notes held by different trusts. Each trust reports its own piece.
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Town Center Aventura | Aventura, FL | Retail | $80.0M | 4.89% | Jul 2028 | 1.71x | 90% | Current |
| Miami Industrial Portfolio | Miami, FL | Industrial | $66.1M | 4.981% | Dec 2028 | 3.32x | 87% | Current |
| Promenade Shops at Aventura | Aventura, FL | Retail | $59.2M | 4.669% | Feb 2028 | 1.47x | 99% | Current |
| AutoNation | Fort Lauderdale, FL | Office | $55.0M | 8.25% | Dec 2028 | n/a | n/a | Current |
| Museum Tower | Miami, FL | Office | $47.0M | 6.546% | May 2028 | 1.66x | 91% | Current |
| Palm Glade Apartments | Belle Glade, FL | Multifamily | $45.0M | 6.685% | Jan 2028 | 1.84x | 98% | Current |
| Causeway Square | North Miami, FL | Mixed use | $43.2M | 5.265% | Nov 2028 | 1.66x | 95% | Current |
| Clevelander South Branch | Miami Beach, FL | Hotel | $41.0M | 5.97% | Oct 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All Miami-Fort Lauderdale-West Palm Beach loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 8, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.