Retail · Ballwin, Missouri
Manchester Highlands
Public CMBS trusts hold $35.0M of the loan on Manchester Highlands at 5.07% that reaches maturity on May 1, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $35,000,000
- Original balance (same notes)
- $35,000,000
- Interest rate
- 5.07% fixed
- Originated
- April 26, 2018
- Maturity
- May 1, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ended
- May 31, 2020
- Prepayment premium ends
- January 31, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- CIBC Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 201 Highlands Boulevard Drive, Ballwin, MO 63011
- Metro
- St. Louis, MO-IL
- Rentable area
- 353,701 sq ft
- Built
- 2009
- Largest tenants
- Wal-Mart; CRUNCH FITNESS; PGA Tour Inc.
- Value at securitization
- $55.8M (Feb 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 1.98x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $3.3M | $3.6M |
| Debt yield | 10.3% |
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-C12 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
- Net operating income is 9% above the underwritten figure ($3.6M a year against $3.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.83x at securitization to 1.98x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $35.0M | Current | No | 1.98x | 100% |
| August 2026 | $35.0M | Current | No | 1.91x | 100% |
| July 2026 | $35.0M | Current | No | 1.91x | 100% |
| June 2026 | $35.0M | Current | No | 1.21x | 100% |
| May 2026 | $35.0M | Current | No | 1.21x | 100% |
| April 2026 | $35.0M | Current | No | 1.21x | 100% |
| March 2026 | $35.0M | Current | No | 1.11x | 100% |
| February 2026 | $35.0M | Current | No | 1.11x | 100% |
| January 2026 | $35.0M | Current | No | 1.11x | 100% |
| December 2025 | $35.0M | Current | No | 1.11x | 100% |
| November 2025 | $28.9M | Current | No | 1.11x | 100% |
| October 2025 | $35.0M | Current | No | 1.00x | 100% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C10 | 10 | $25,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C12 | 32 | $10,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other St. Louis loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Saint Louis Galleria | Saint Louis, MO | Retail | $229.0M | 4.997% | Nov 2028 | n/a | n/a | With the special servicer |
| Plaza Frontenac | Saint Louis, MO | Retail | $100.0M | 4.433% | Aug 2028 | 3.29x | 60% | Current |
| Embassy Suites St. Louis | Saint Louis, MO | Hotel | $21.8M | 5.24% | Nov 2028 | 1.17x | 70% | Current |
| Gravois Dillon Plaza | High Ridge, MO | Retail | $12.9M | 4.80% | Jan 2028 | 1.22x | 96% | Current |
| 1015 Locust Street | St. Louis, MO | Office | $8.5M | 5.396% | Sep 2028 | 1.78x | 61% | Current |
| 22 Gateway Commerce Center | Edwardsville, IL | Industrial | $7.6M | 8.548% | Nov 2028 | n/a | n/a | Current |
| Fresh Thyme Kirkwood | Kirkwood, MO | Retail | $5.6M | 5.101% | Mar 2028 | 1.37x | 100% | Current |
| Drake Plaza Apartments | St. Louis, MO | Multifamily | $3.2M | 5.54% | May 2028 | 1.51x | 84% | 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.