Manufactured housing portfolio, 2 properties · Multiple locations
Golden Arrow & N. Richland Hills MHC Portfolio
This portfolio is financed with a $2.3M CMBS loan at 5.591% that reaches maturity on July 1, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,318,643
- Original balance (same notes)
- $2,650,000
- Interest rate
- 5.591% fixed
- Originated
- June 7, 2018
- Maturity
- July 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- September 30, 2020
- Prepayment premium ends
- March 31, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Units, rooms or beds
- 98
- Value at securitization
- $3.6M
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.44x | 2.98x |
| Occupancy | 88% | 87% |
| Net operating income (annualized from 3 months) | $263K | $551K |
| Debt yield | 23.8% |
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 BANK 2018-BNK14 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- Net operating income is 110% above the underwritten figure ($551K a year against $263K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.44x at securitization to 2.98x on the latest statements.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.3M | Current | No | 2.98x | 87% |
| August 2026 | $2.3M | Current | No | 2.98x | 87% |
| July 2026 | $2.3M | Current | No | 2.98x | 87% |
| May 2026 | $2.3M | Current | No | 2.91x | 84% |
| April 2026 | $2.3M | Current | No | 2.91x | 84% |
| March 2026 | $2.3M | Current | No | 2.96x | 83% |
| February 2026 | $2.3M | Current | No | 2.96x | 83% |
| January 2026 | $2.4M | Current | No | 2.96x | 83% |
| December 2025 | $2.4M | Current | No | 3.04x | 82% |
| November 2025 | $2.4M | Current | No | 3.04x | 82% |
| October 2025 | $2.4M | Current | No | 3.04x | 82% |
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 |
|---|---|---|---|---|
| BANK 2018-BNK14 | 55 | $2,318,643 | Sep 2026 | SEC filing, October 1, 2026 |
Other manufactured housing loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Quality RV Resorts | TX | Manufactured housing | $58.2M | 4.848% | Jul 2028 | 1.80x | 83% | Current |
| River Valley MHC Portfolio | Las Vegas, NV | Manufactured housing | $33.1M | 4.91% | Aug 2028 | 1.70x | 92% | Current |
| Harford Village Mhc | Edgewood, MD | Manufactured housing | $21.7M | 4.565% | Jan 2028 | 2.04x | 99% | Current |
| Waysons Mhc | Lothian, MD | Manufactured housing | $20.1M | 4.875% | Apr 2028 | 1.56x | 100% | Current |
| My Place Communities MHC Portfolio | Manufactured housing | $13.0M | 7.669% | Dec 2028 | 1.87x | 80% | Current | |
| Rangeview & Trails End | Anchorage, AK | Manufactured housing | $11.1M | 6.711% | Jun 2028 | 1.84x | 85% | Current |
| Sunflower MHC | Fort Collins, CO | Manufactured housing | $10.8M | 5.022% | Jul 2028 | n/a | n/a | Current |
| Lois Realty Portfolio | NY | Manufactured housing | $6.7M | 4.377% | Feb 2028 | 2.05x | 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.