Office · Richmond, Virginia
Bank of America Center, Richmond
Public CMBS trusts hold $60.5M of the loan on Bank of America Center at 5.03% 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 with the special servicer.
The loan
- Balance in tracked trusts
- $60,500,000
- Original balance (same notes)
- $60,500,000
- Interest rate
- 5.03% fixed
- Originated
- June 21, 2018
- Maturity
- July 1, 2028
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Not reported
- Special servicing
- Transferred September 19, 2023
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 1111 East Main Street, Richmond, VA 23219
- Metro
- Richmond, VA
- Rentable area
- 501,384 sq ft
- Largest tenants
- Commonwealth of Virginia; Virginia Retirement System; Bank of America National Association
- Value at securitization
- $112.2M (May 2018)
Performance
| At securitization | Latest (Sep 2023) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.77x |
| Occupancy | 85% | 79% |
| Net operating income (annualized from 9 months) | n/a | $5.5M |
| Debt yield | 9.1% |
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.
- With the special servicer
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 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.
What the filing shows
- Occupancy has fallen from 85% when the loan was securitized to 79%.
- The filing gives Apr 2028 as the lease end date for the largest tenant (Commonwealth of Virginia), 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 | $60.5M | Current | Yes | 1.77x | 79% |
| August 2026 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
| July 2026 | $60.5M | Current | Yes | 1.77x | 79% |
| June 2026 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
| May 2026 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
| April 2026 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
| March 2026 | $60.5M | 60-89 days delinquent | Yes | 1.77x | 79% |
| February 2026 | $60.5M | 30-59 days delinquent | Yes | 1.77x | 79% |
| January 2026 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
| December 2025 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
| November 2025 | $55.9M | Current | Yes | 1.77x | 79% |
| October 2025 | $60.5M | Late payment but less than 30 days delinquent | Yes | 1.77x | 79% |
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 September 19, 2023, 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 |
|---|---|---|---|---|
| CD 2018-CD7 Mortgage Trust | 2 | $50,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
| UBS Commercial Mortgage Trust 2018-C12 | 30 | $10,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Richmond loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Short Pump Town Center | Richmond, VA | Retail | $170.0M | 8.303% | Aug 2028 | 1.77x | 96% | Current |
| Riverfront Plaza | Richmond, VA | Office | $129.2M | 5.066% | May 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Suntrust Center | Richmond, VA | Office | $41.2M | 4.632% | Jun 2028 | 1.23x | 74% | Current |
| Forest Office Park | Richmond, VA | Office | $18.0M | 4.21% | Jan 2028 | 0.27x | 61% | Current |
| Richmond Self Storage | Richmond, VA | Self storage | $6.5M | 7.88% | Sep 2028 | 1.10x | 72% | Current |
| Nelson and Koger Office Buildings | Richmond, VA | Office | $5.3M | 7.70% | Aug 2028 | 1.96x | 76% | Current |
| Stay Over Suites | Hopewell, VA | Hotel | $4.3M | 5.96% | Feb 2028 | 3.56x | 76% | Late, less than 30 days |
| Kosmo Village Mhc | Glen Allen, VA | Manufactured housing | $3.9M | 5.33% | Jul 2028 | 1.84x | 100% | 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.