Retail · Silver City, Maryland
Ellsworth Place
8661 Colesville Road, Silver City, MD · Google Maps
Public CMBS trusts hold $64.5M of the loan on Ellsworth Place at 5.01% that reaches maturity on August 6, 2028, in 21 months. As of the Oct 2026 servicer report its status is with the special servicer and 90+ days delinquent.
What the special servicer reports
- Transferred
- October 27, 2025
- Transfer reason given
- Imminent default
- Resolution strategy
- Foreclosure
- Comment dated
- October 13, 2026
- Receiver
The Loan transferred to Special Servicing as of 10/28/2025 for imminent default.
The loan
- Balance in tracked trusts
- $64,544,831
- Original balance (same notes)
- $69,000,000
- Interest rate
- 5.01% fixed
- Originated
- July 20, 2018
- Maturity
- August 6, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- August 5, 2020
- Prepayment premium ends
- February 5, 2028 (yield maintenance)
- Originator
- Rialto Mortgage Finance, LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred October 27, 2025
- Workout strategy
- Foreclosure
- Modified
- Yes, most recently June 5, 2020
- Defeasance
- Partly defeased
The property
- Address
- 8661 Colesville Road, Silver City, MD 20910
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 342,049 sq ft
- Built
- 1947, renovated 2015
- Largest tenants
- BURLINGTON COAT FACTORY; DAVE & BUSTERS; MARSHALLS
- Value at securitization
- $95.9M (Jun 2018)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.98x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $6.9M | n/a |
Comparable loans: retail properties in Washington-Arlington-Alexandria, DC-VA-MD-WV, with NOI, occupancy and value.
Watch flags
Computed from the UBS Commercial Mortgage Trust 2018-C15 filing for the reporting period ending October 13, 2026, filed with the SEC November 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (November 2025 to October 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
- The most recent valuation in the filing is $68.5M (December 17, 2025), against $95.9M at securitization.
- The filing gives Feb 2026 as the lease end date for the largest tenant (BURLINGTON COAT FACTORY), before the loan matures. Lenders look hard at that rollover.
Who is behind this loan
- Sponsor
- Shown with Pro
- Guarantor and sponsor
- Shown with Pro
- Parties and contacts named by the trust
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Oct 2018.
Source: SEC Form 10-D, Exhibit 99.1 distribution statement, filed Oct 2026.
Appraisal reduction and advances
- Appraisal reduction
- $3,587,414, April 13, 2026
- Cumulative ASER
- $106,777 (interest the servicer stopped advancing because of the reduction)
- P&I advances outstanding
- $3,970,596
- Servicer advances
- $390,310
From the trust's monthly trustee report. An appraisal reduction cuts how much interest the servicer advances to bondholders when a loan's new appraisal falls short.
Operating statement
| Annual | At securitization | Latest, Jun 2025 | Per sq ft |
|---|---|---|---|
| Revenue | $10.2M | $10.7M | $30.67/sf |
| Operating expenses | $3.2M | $4.8M | $13.72/sf |
| Net operating income | $6.9M | n/a | |
| Net cash flow | $6.5M | $5.5M | $15.74/sf |
| Expense ratio | 31.8% | 44.7% |
From the servicer's Schedule AL report; the latest statement covers 6 months and is annualized; 347,758 sq ft; renovated 2015.
Largest tenants
| Tenant | Sq ft | Share of building | Lease ends |
|---|---|---|---|
| Burlington | 65,096 | 19% | Feb 2026 |
| Dave & Busters | 41,975 | 12% | Jan 2032 |
| Marshalls | 27,771 | 8% | Jun 2027 |
Red: the lease ends before the loan matures.
Other advances outstanding: $390,310 for taxes and insurance, $58,911 other. Servicers recover advances before bondholders are paid.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| September 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| August 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| July 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| June 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| May 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| April 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| March 2026 | $64.5M | 90+ days delinquent | Yes | 1.31x | 91% |
| February 2026 | $64.5M | 60-89 days delinquent | Yes | 1.31x | 91% |
| January 2026 | $64.5M | 30-59 days delinquent | Yes | 1.31x | 91% |
| December 2025 | $64.5M | Late payment but less than 30 days delinquent | Yes | 1.31x | 91% |
| November 2025 | $64.5M | Current | Yes | 1.31x | 91% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements.
Full history back to October 2018. See it with Pro.
Special-servicing history
- Transferred to the special servicer October 27, 2025, 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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C47 | 10 | $22,450,376 | Oct 2026 | SEC filing, October 27, 2026 |
| UBS Commercial Mortgage Trust 2018-C13 | 11 | $18,708,647 | Oct 2026 | SEC filing, November 2, 2026 |
| UBS Commercial Mortgage Trust 2018-C14 | 13 | $14,031,485 | Oct 2026 | SEC filing, November 2, 2026 |
| UBS Commercial Mortgage Trust 2018-C15 | 26 | $9,354,323 | Oct 2026 | SEC filing, November 2, 2026 |
Other Washington-Arlington-Alexandria loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Tysons Corner Center | McLean, VA | Retail | $269.8M | 6.601% | Dec 2028 | 1.93x | 86% | Current |
| One Dulles Tower | Herndon, VA | Office | $152.0M | 3.986% | Mar 2028 | 2.32x | 100% | Current |
| Village at Leesburg | Leesburg, VA | Retail | $124.1M | 4.758% | Apr 2028 | 1.19x | 96% | Current |
| Extra Space Washington and 23 other properties | Washington, DC | Self storage | $105.0M | 4.532% | Mar 2028 | n/a | n/a | Current |
| Sentinel Square II | Washington, DC | Office | $104.0M | 6.05% | Dec 2028 | 1.18x | 94% | Current |
| Braddock Metro Center | Alexandria, VA | Office | $71.6M | 4.57% | Feb 2028 | 1.01x | 80% | With the special servicer and 90+ days delinquent |
| South Lake at Dulles | Herndon, VA | Office | $60.5M | 6.058% | Mar 2028 | 2.36x | 100% | Not reported |
| Commonwealth Centre | Chantilly, VA | Office | $49.0M | 3.986% | May 2028 | 3.25x | 100% | Current |
All loans maturing in 2028 · All Washington-Arlington-Alexandria loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.