Retail · Gretna, Nebraska
Nebraska Crossing
Public CMBS trusts hold $68.6M of the loan on Nebraska Crossing at 5.21% that reaches maturity on November 1, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $68,559,316
- Original balance (same notes)
- $71,500,000
- Interest rate
- 5.21% fixed
- Originated
- October 31, 2018
- Maturity
- November 1, 2028
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- April 30, 2028
- Master servicer
- Midland Loan Services
- Originator
- SG
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 15, 2020, returned November 1, 2023
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 21209-21417 Nebraska Crossing Drive, Gretna, NE 68028
- Metro
- Omaha, NE-IA
- Rentable area
- 368,126 sq ft
- Built
- 2013
- Largest tenants
- H&M Hennes & Mauritz LP; Under Armour; Old Navy
- Value at securitization
- $150.0M (May 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.92x | 2.04x |
| Occupancy | 99% | 95% |
| Net operating income (annualized from 3 months) | $9.1M | $9.8M |
| Debt yield | 14.3% |
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-C15 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 99% when the loan was securitized to 95%.
- Net operating income is 8% above the underwritten figure ($9.8M a year against $9.1M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.92x at securitization to 2.04x on the latest statements.
- The most recent valuation in the filing is $96.0M (January 6, 2023), against $150.0M at securitization.
- The filing gives Jan 2028 as the lease end date for the largest tenant (H&M Hennes & Mauritz LP), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $68.6M | Current | No | 2.04x | 95% |
| August 2026 | $68.6M | Current | No | 2.04x | 95% |
| July 2026 | $68.7M | Current | No | n/a | n/a |
| June 2026 | $68.8M | Current | No | n/a | n/a |
| May 2026 | $68.9M | Current | No | n/a | n/a |
| April 2026 | $69.0M | Current | No | 2.22x | 95% |
| March 2026 | $69.1M | Current | No | 1.97x | 96% |
| February 2026 | $69.2M | Current | No | 1.97x | 96% |
| January 2026 | $69.3M | Current | No | 1.97x | 96% |
| December 2025 | $69.4M | Current | No | 1.97x | 96% |
| November 2025 | $69.5M | Current | No | 1.97x | 96% |
| October 2025 | $69.5M | Current | No | 1.97x | 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.
Special-servicing history
- Transferred to the special servicer May 15, 2020, returned to the master servicer November 1, 2023.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C14 | 5 | $33,560,504 | Sep 2026 | SEC filing, September 28, 2026 |
| CSAIL 2019-C15 Commercial Mortgage Trust | 15 | $22,533,481 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C15 | 18 | $12,465,330 | Sep 2026 | SEC filing, September 28, 2026 |
Other Omaha loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Gavilon HQ | Omaha, NE | Office | $26.7M | 5.08% | Dec 2028 | n/a | n/a | Current |
| Hy-Vee Omaha, Omaha (2028 maturity) | Omaha, NE | Retail | $7.2M | 4.795% | May 2028 | 1.72x | 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.