Industrial · Hayward, California
Hayward Industrial Park - Ca
Hayward Industrial Park - Ca is financed with a $4.1M CMBS loan at 4.38% that reaches maturity on February 11, 2028, in 15 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,102,697
- Original balance (same notes)
- $4,550,000
- Interest rate
- 4.38% fixed
- Originated
- January 16, 2018
- Maturity
- February 11, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- November 10, 2027
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1930-1932 West Winton Avenue, Hayward, CA 94545
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 78,427 sq ft
- Built
- 1973
- Largest tenants
- Kurt Brodie dba A1 Transmission & Marine; United Natural Foods Inc.; Skanska USA Building Inc
- Value at securitization
- $10.4M (Nov 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.08x | 3.30x |
| Occupancy | 100% | 91% |
| Net operating income (annualized from 6 months) | $567K | $908K |
| Debt yield | 22.1% |
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 Wells Fargo Commercial Mortgage Trust 2018-C43 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 100% when the loan was securitized to 91%.
- Net operating income is 60% above the underwritten figure ($908K a year against $567K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.08x at securitization to 3.30x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.1M | Current | No | 3.30x | 91% |
| August 2026 | $4.1M | Current | No | 3.66x | 87% |
| July 2026 | $4.1M | Current | No | 3.66x | 87% |
| June 2026 | $4.1M | Current | No | 3.66x | 87% |
| May 2026 | $4.1M | Current | No | 3.66x | 87% |
| April 2026 | $4.1M | Current | No | 3.66x | 87% |
| March 2026 | $4.1M | Current | No | 3.66x | 87% |
| February 2026 | $4.2M | Current | No | 3.66x | 87% |
| January 2026 | $4.2M | Current | No | 3.91x | 91% |
| December 2025 | $4.2M | Current | No | 3.91x | 91% |
| November 2025 | $4.2M | Current | No | 3.91x | 91% |
| October 2025 | $4.2M | Current | No | 3.99x | 96% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C43 | 41 | $4,102,697 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 181 Fremont Street | San Francisco, CA | Office | $250.0M | 3.709% | Apr 2028 | 3.52x | 100% | Current |
| The Gateway | San Francisco, CA | Multifamily | $210.0M | 3.722% | Apr 2028 | 2.91x | 95% | Current |
| Charles Schwab Plaza | San Francisco, CA | Office | $119.4M | 3.555% | Apr 2028 | 2.02x | 100% | Current |
| Pier 70 | San Francisco, CA | Mixed use | $115.0M | 4.878% | Oct 2028 | 3.03x | 100% | Current |
| InterContinental San Francisco | San Francisco, CA | Hotel | $91.4M | 4.145% | Jan 2028 | 0.54x | 65% | Current |
| City Square and Clay Street | Oakland, CA | Mixed use | $90.0M | 4.728% | Feb 2028 | 0.81x | 54% | Current |
| Lake Merritt Plaza | Oakland, CA | Office | $80.0M | 8.012% | Nov 2028 | 1.57x | 75% | Current |
| 400 South El Camino Real | San Mateo, CA | Office | $67.7M | 4.697% | Dec 2028 | 1.48x | 99% | Current |
All loans maturing in 2028 · All San Francisco-Oakland-Fremont 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.