Retail · Silver Spring, Maryland

Ellsworth Place

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 Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.

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
Master servicer
Trimont LLC
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 6, 2020
Defeasance
Partly defeased

The property

Address
8661 Colesville Road; 8645 Colesville Road, Silver Spring, MD 20910
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
Rentable area
347,758 sq ft
Built
1947, renovated 2015
Largest tenants
Burlington; Dave & Busters; Marshalls
Value at securitization
$95.9M (Jun 2018)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2025)
DSCR (NOI)1.56x1.31x
Occupancy92%91%
Net operating income (annualized from 6 months)$6.9M$5.9M
Debt yield9.1%

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-C15 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.

  • With the special servicer
  • 30+ days delinquent or matured unpaid
  • Modified

On the cmbs.news watch list in every report since November 2025.

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

  • Net operating income is 15% below the underwritten figure ($5.9M a year against $6.9M; the latest statement covers 6 months, annualized).
  • Debt service coverage moved from 1.56x at securitization to 1.31x on the latest statements.
  • 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), before the loan matures. Lenders look hard at that rollover.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$64.5M90+ days delinquentYes1.31x91%
August 2026$64.5M90+ days delinquentYes1.31x91%
July 2026$64.5M90+ days delinquentYes1.31x91%
June 2026$64.5M90+ days delinquentYes1.31x91%
May 2026$64.5M90+ days delinquentYes1.31x91%
April 2026$64.5M90+ days delinquentYes1.31x91%
March 2026$64.5M90+ days delinquentYes1.31x91%
February 2026$64.5M60-89 days delinquentYes1.31x91%
January 2026$64.5M30-59 days delinquentYes1.31x91%
December 2025$64.5MLate payment but less than 30 days delinquentYes1.31x91%
November 2025$64.5MCurrentYes1.31x91%
October 2025$64.6MCurrentNo1.31x91%

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 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.

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

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 $124.3M 4.758% Apr 2028 1.19x 96% Current
Extra Space Washington 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 81% With the special servicer and 90+ days delinquent
South Lake at Dulles Herndon, VA Office $60.5M 6.058% Mar 2028 2.36x 100% Current
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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.