Multifamily · St. Louis, Missouri
Drake Plaza Apartments
Drake Plaza Apartments is financed with a $3.2M CMBS loan at 5.54% that reaches maturity on May 6, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,204,076
- Original balance (same notes)
- $3,680,000
- Interest rate
- 5.54% fixed
- Originated
- May 1, 2018
- Maturity
- May 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- March 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3307 Olive Street, St. Louis, MO 63103
- Metro
- St. Louis, MO-IL
- Units, rooms or beds
- 78
- Built
- 1914, renovated 2000
- Value at securitization
- $5.9M (Jan 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.53x | 1.51x |
| Occupancy | 90% | 84% |
| Net operating income | $385K | $381K |
| Debt yield | 11.9% |
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-C10 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
- Occupancy has fallen from 90% when the loan was securitized to 84%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.2M | Current | No | 1.51x | 84% |
| August 2026 | $3.2M | Current | No | 1.51x | 84% |
| July 2026 | $3.2M | 30-59 days delinquent | No | 1.51x | 84% |
| June 2026 | $3.2M | 30-59 days delinquent | No | 1.51x | 84% |
| May 2026 | $3.2M | Late payment but less than 30 days delinquent | No | 1.81x | 91% |
| April 2026 | $3.2M | Late payment but less than 30 days delinquent | No | 1.81x | 91% |
| March 2026 | $3.2M | Current | No | 1.81x | 91% |
| February 2026 | $3.2M | Current | No | 1.81x | 91% |
| January 2026 | $3.3M | Current | No | 1.81x | 91% |
| December 2025 | $3.3M | Current | No | 1.81x | 91% |
| November 2025 | $3.3M | Current | No | 1.81x | 91% |
| October 2025 | $3.3M | Current | No | 1.81x | 91% |
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-C10 | 46 | $3,204,076 | Sep 2026 | SEC filing, September 28, 2026 |
Other St. Louis loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Saint Louis Galleria | Saint Louis, MO | Retail | $229.0M | 4.997% | Nov 2028 | n/a | n/a | With the special servicer |
| Plaza Frontenac | Saint Louis, MO | Retail | $100.0M | 4.433% | Aug 2028 | 3.29x | 60% | Current |
| Manchester Highlands | Ballwin, MO | Retail | $35.0M | 5.07% | May 2028 | 1.98x | 100% | Current |
| Embassy Suites St. Louis | Saint Louis, MO | Hotel | $21.8M | 5.24% | Nov 2028 | 1.17x | 70% | Current |
| Gravois Dillon Plaza | High Ridge, MO | Retail | $12.9M | 4.80% | Jan 2028 | 1.22x | 96% | Current |
| 1015 Locust Street | St. Louis, MO | Office | $8.5M | 5.396% | Sep 2028 | 1.78x | 61% | Current |
| 22 Gateway Commerce Center | Edwardsville, IL | Industrial | $7.6M | 8.548% | Nov 2028 | n/a | n/a | Current |
| Fresh Thyme Kirkwood | Kirkwood, MO | Retail | $5.6M | 5.101% | Mar 2028 | 1.37x | 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.