Multifamily portfolio, 4 properties · Tennessee
Medley Portfolio
This portfolio is financed with a $10.9M CMBS loan at 4.042% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,938,229
- Original balance (same notes)
- $12,000,000
- Interest rate
- 4.042% fixed
- Originated
- October 21, 2019
- Maturity
- November 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 538
- Value at securitization
- $18.0M (Sep 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.05x | 2.77x |
| Occupancy | 90% | 78% |
| Net operating income (annualized from 3 months) | $1.4M | $1.9M |
| Debt yield | 17.7% |
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 2019-C18 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Occupancy down 10 points or more from securitization
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 90% when the loan was securitized to 78%.
- Net operating income is 37% above the underwritten figure ($1.9M a year against $1.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.05x at securitization to 2.77x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.9M | Current | No | 2.77x | 78% |
| August 2026 | $11.0M | Current | No | 2.77x | 78% |
| July 2026 | $11.0M | Current | No | 2.77x | 78% |
| June 2026 | $11.0M | Current | No | 2.77x | 78% |
| May 2026 | $11.0M | Current | No | 3.33x | 78% |
| April 2026 | $11.0M | Current | No | 3.33x | 78% |
| March 2026 | $11.1M | Current | No | 3.33x | 78% |
| February 2026 | $11.1M | Current | No | 3.33x | 78% |
| January 2026 | $11.1M | Current | No | 3.33x | 78% |
| December 2025 | $11.1M | Current | No | 3.54x | 77% |
| November 2025 | $11.1M | Current | No | 3.54x | 77% |
| October 2025 | $11.2M | Current | No | 3.78x | 94% |
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 2019-C18 | 27 | $10,938,229 | Sep 2026 | SEC filing, September 28, 2026 |
Other Tennessee loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cummins Station | Nashville, TN | Office | $135.0M | 7.155% | Jun 2029 | 1.69x | 83% | Current |
| Rivertop Scenic Apartments | Nashville, TN | Multifamily | $31.4M | 3.30% | Nov 2029 | 3.02x | 94% | Current |
| 8400 Winchester | Memphis, TN | Industrial | $27.0M | 7.376% | Aug 2029 | 1.73x | 100% | Current |
| Oak Ridge City Center | Oak Ridge, TN | Retail | $25.0M | 7.28% | Sep 2029 | 1.12x | 76% | Current |
| 150 2nd Avenue North | Nashville, TN | Mixed use | $24.5M | 7.53% | May 2029 | 1.50x | 93% | Current |
| Appling Farms Corporate Park | Memphis, TN | Industrial | $24.2M | 7.05% | Jan 2029 | 1.95x | 99% | Current |
| Country View Apartments | Memphis, TN | Multifamily | $21.5M | 6.71% | Apr 2029 | 1.05x | 54% | Current |
| Marketplace at Smyrna | Smyrna, TN | Retail | $18.7M | 5.09% | Jan 2029 | 1.80x | 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.