Office · New York
DUMBO Heights Portfolio
Public CMBS trusts hold $63.8M of the loan on DUMBO Heights Portfolio at 4.05% that reached maturity on September 6, 2026, 1 month ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity and not performing.
The loan
- Balance in tracked trusts
- $63,752,319
- Original balance (same notes)
- $70,000,000
- Interest rate
- 4.05% fixed
- Originated
- August 30, 2018
- Maturity
- September 6, 2026
- Payments
- Interest only for the full term
- Master servicer
- KeyBank National Association
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Non performing matured balloon. (code 5)
- Special servicing
- Transferred February 18, 2026
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 22, 2024
- Defeasance
- None reported
The property
- Value at securitization
- $640.0M (Mar 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 4.04x | 2.95x |
| Occupancy | 94% | 75% |
| Net operating income | $29.9M | $19.8M |
| Debt yield | 31.1% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Past maturity
- Modified
On the cmbs.news watch list in every report since March 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 94% when the loan was securitized to 75%.
- Net operating income is 34% below the underwritten figure ($19.8M a year against $29.9M).
- Debt service coverage moved from 4.04x at securitization to 2.95x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $63.8M | Non performing matured balloon | Yes | 2.95x | 75% |
| August 2026 | $63.8M | Late payment but less than 30 days delinquent | Yes | 2.95x | 75% |
| July 2026 | $63.8M | Current | Yes | 2.95x | 75% |
| June 2026 | $63.8M | Current | Yes | 2.95x | 75% |
| May 2026 | $63.8M | Current | Yes | 2.95x | 75% |
| April 2026 | $63.8M | Late payment but less than 30 days delinquent | Yes | 2.95x | 75% |
| March 2026 | $63.8M | Current | Yes | 2.95x | 75% |
| February 2026 | $63.8M | Current | No | 1.97x | 85% |
| January 2026 | $63.8M | Current | No | 1.97x | 85% |
| December 2025 | $63.8M | Current | No | 1.97x | 85% |
| November 2025 | $63.8M | Current | No | 1.97x | 85% |
| October 2025 | $63.8M | Current | No | 1.97x | 85% |
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 6, 2023, returned to the master servicer August 6, 2024.
- Transferred to the special servicer February 18, 2026, 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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 | 1A | $40,983,634 | Sep 2026 | SEC filing, September 25, 2026 |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 | 1 | $18,214,948 | Sep 2026 | SEC filing, September 25, 2026 |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 | 1B | $4,553,737 | Sep 2026 | SEC filing, September 25, 2026 |
Other New York loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 681 Fifth Avenue | New York, NY | Mixed use | $135.0M | 4.127% | Nov 2026 | 0.16x | 66% | With the special servicer and 90+ days delinquent |
| The Essex | New York, NY | Mixed use | $117.0M | 2.759% | Nov 2026 | n/a | n/a | Current |
| 8 Times Square & 1460 Broadway | New York, NY | Mixed use | $100.0M | 4.05% | Nov 2026 | 2.01x | 100% | With the special servicer |
| 85 Tenth Avenue | New York, NY | Mixed use | $100.0M | 3.821% | Dec 2026 | 1.91x | 89% | With the special servicer |
| 55 Prospect Street, Brooklyn (2026 maturity) | Brooklyn, NY | Office | $72.9M | 4.05% | Sep 2026 | n/a | n/a | With the special servicer |
| 101 Ludlow | New York, NY | Mixed use | $71.0M | 4.412% | Nov 2026 | 1.81x | 100% | Current |
| 20 Times Square, New York (2026 maturity), loan 1 in CSAIL 2018-CX12 Commercial Mortgage Trust | New York, NY | Other | $64.7M | 3.108% | May 2026 | 4.15x | n/a | With the special servicer |
| 20 Times Square, New York (2026 maturity), loan 1 in UBS Commercial Mortgage Trust 2018-C11 | New York, NY | Mixed use | $64.7M | 3.108% | May 2026 | n/a | n/a | With the special servicer |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.