Multifamily · Big Spring, Texas
Oak Manor Villas, Big Spring
Oak Manor Villas is financed with a $6.8M CMBS loan at 5.66% that reaches maturity on February 6, 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
- $6,769,302
- Original balance (same notes)
- $7,800,000
- Interest rate
- 5.66% fixed
- Originated
- January 22, 2018
- Maturity
- February 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- October 5, 2027
- Master servicer
- Midland
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred September 1, 2021, returned December 6, 2022
- Workout strategy
- Resolved
- Defeasance
- Partly defeased
The property
- Address
- East 25th Street & Edgemere Road, Big Spring, TX 79720
- Units, rooms or beds
- 72
- Built
- 2016
- Value at securitization
- $11.0M (Nov 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.38x | 1.03x |
| Occupancy | 99% | 94% |
| Net operating income | $745K | $555K |
| Debt yield | 8.2% |
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-C9 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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 99% when the loan was securitized to 94%.
- Net operating income is 26% below the underwritten figure ($555K a year against $745K).
- Debt service coverage moved from 1.38x at securitization to 1.03x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.8M | Current | No | 1.03x | 94% |
| August 2026 | $6.8M | Current | No | 1.03x | 94% |
| July 2026 | $6.8M | Current | No | 1.03x | 94% |
| June 2026 | $6.8M | Current | No | n/a | n/a |
| May 2026 | $6.8M | Current | No | n/a | n/a |
| April 2026 | $6.8M | Current | No | n/a | n/a |
| March 2026 | $6.8M | Current | No | n/a | n/a |
| February 2026 | $6.9M | Current | No | n/a | n/a |
| January 2026 | $6.9M | Current | No | n/a | n/a |
| December 2025 | $6.9M | Current | No | n/a | n/a |
| November 2025 | $6.9M | Current | No | n/a | n/a |
| October 2025 | $6.9M | Current | No | n/a | n/a |
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 September 1, 2021, returned to the master servicer December 6, 2022.
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C9 | 31 | $6,769,302 | Sep 2026 | SEC filing, September 28, 2026 |
Other Texas loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Heritage Plaza, Houston | Houston, TX | Office | $172.0M | 7.63% | May 2028 | 2.13x | 78% | Current |
| Starburst Apartments | Austin, TX | Multifamily | $110.0M | 7.37% | May 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Sugar Land Town Square | Sugar Land, TX | Mixed use | $105.0M | 7.966% | Nov 2028 | 1.19x | 69% | Current |
| Renaissance Dallas Addison Hotel | Addison, TX | Hotel | $72.0M | 7.825% | Oct 2028 | 2.61x | 53% | Current |
| 13785 Research Boulevard | Austin, TX | Office | $65.0M | 5.215% | Mar 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Outlet Shoppes at El Paso | Canutillo, TX | Retail | $64.7M | 5.103% | Oct 2028 | 2.61x | 97% | Current |
| Quality RV Resorts | TX | Manufactured housing | $58.2M | 4.848% | Jul 2028 | 1.80x | 83% | Current |
| Market Heights | Harker Heights, TX | Retail | $55.0M | 7.96% | Nov 2028 | 1.59x | 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.