Hotel · Miami Beach, Florida
Clevelander South Branch
Public CMBS trusts hold $41.0M of the loan on Clevelander South Branch at 5.97% 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 current.
The loan
- Balance in tracked trusts
- $40,998,592
- Original balance (same notes)
- $42,500,000
- Interest rate
- 5.97% fixed
- Originated
- October 4, 2018
- Maturity
- October 6, 2028
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- July 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 15, 2020, returned January 31, 2022
- Workout strategy
- Resolved
- Defeasance
- Partly defeased
The property
- Address
- 1020 Ocean Drive, Miami Beach, FL 33139
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Units, rooms or beds
- 59
- Built
- 1938, renovated 2017
- Value at securitization
- $66.5M (Aug 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.08x | n/a |
| Occupancy | 80% | n/a |
| Net operating income | $6.3M | n/a |
Watch flags
Computed from the UBS Commercial Mortgage Trust 2018-C15 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 most recent valuation in the filing is $47.8M (May 25, 2021), against $66.5M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $41.0M | Current | No | n/a | n/a |
| August 2026 | $41.0M | Current | No | n/a | n/a |
| July 2026 | $41.1M | Current | No | n/a | n/a |
| June 2026 | $41.1M | Current | No | n/a | n/a |
| May 2026 | $41.2M | Current | No | n/a | n/a |
| April 2026 | $41.2M | Current | No | n/a | n/a |
| March 2026 | $41.3M | Current | No | n/a | n/a |
| February 2026 | $41.3M | Current | No | n/a | n/a |
| January 2026 | $41.4M | Current | No | n/a | n/a |
| December 2025 | $41.4M | Current | No | n/a | n/a |
| November 2025 | $41.5M | Current | No | n/a | n/a |
| October 2025 | $41.5M | Current | No | n/a | n/a |
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 15, 2020, returned to the master servicer January 31, 2022.
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-C14 | 6 | $31,351,864 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C15 | 24 | $9,646,728 | Sep 2026 | SEC filing, September 28, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Aventura Mall | Aventura, FL | Retail | $900.0M | 4.121% | Jul 2028 | n/a | n/a | Current |
| 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 |
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 period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.