Self storage · Loveland, Colorado
Firehouse Self Storage
Firehouse Self Storage is financed with a $13.0M CMBS loan at 4.867% that reaches maturity on January 6, 2028, in 14 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,000,000
- Original balance (same notes)
- $13,000,000
- Interest rate
- 4.867% fixed
- Originated
- December 15, 2017
- Maturity
- January 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2027
- Master servicer
- Midland
- Originator
- LCF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2500, 2600 South Lincoln Avenue, Loveland, CO 80537
- Metro
- Fort Collins-Loveland, CO
- Rentable area
- 227,194 sq ft
- Units, rooms or beds
- 1,546
- Built
- 1993
- Value at securitization
- $23.3M (Nov 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.87x | 2.71x |
| Occupancy | 89% | 85% |
| Net operating income (annualized from 6 months) | $1.2M | $3.5M |
| Debt yield | 27.0% |
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-C8 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 89% when the loan was securitized to 85%.
- Net operating income is 192% above the underwritten figure ($3.5M a year against $1.2M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.87x at securitization to 2.71x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.0M | Current | No | 2.71x | 85% |
| August 2026 | $13.0M | Current | No | n/a | n/a |
| July 2026 | $13.0M | Current | No | n/a | n/a |
| June 2026 | $13.0M | Current | No | n/a | n/a |
| May 2026 | $13.0M | Current | No | n/a | n/a |
| April 2026 | $13.0M | Current | No | 2.60x | 80% |
| March 2026 | $13.0M | Current | No | 2.69x | 81% |
| February 2026 | $13.0M | Current | No | 2.69x | 81% |
| January 2026 | $13.0M | Current | No | 2.69x | 81% |
| December 2025 | $13.0M | Current | No | 2.69x | 81% |
| November 2025 | $13.0M | Current | No | n/a | n/a |
| October 2025 | $13.0M | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C8 | 26 | $13,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Fort Collins-Loveland loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sunflower MHC | Fort Collins, CO | Manufactured housing | $10.8M | 5.022% | Jul 2028 | n/a | n/a | Current |
| Arbor Plaza | Fort Collins, CO | Retail | $10.3M | 4.969% | Apr 2028 | 1.56x | 81% | Current |
| Safeway Drake Road | Fort Collins, CO | Retail | $4.0M | 4.62% | Jun 2028 | 4.28x | 100% | Current |
All loans maturing in 2028 · All Fort Collins-Loveland 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.