Retail · Woods Cross, Utah
Otg Woods Crossing
Otg Woods Crossing is financed with a $7.2M CMBS loan at 5.015% that reaches maturity on October 11, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,247,860
- Original balance (same notes)
- $8,000,000
- Interest rate
- 5.015% fixed
- Originated
- September 28, 2018
- Maturity
- October 11, 2028
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- July 10, 2028
- 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
- 616, 618, and 622 West 2600 South; 2577 South Wildcat Way and 2474 South 575 West, Woods Cross, UT 84010
- Metro
- Ogden, UT
- Rentable area
- 25,324 sq ft
- Built
- 2017
- Largest tenants
- BlackBear Diner(cs) LLC; Cafe Zupa's; Verizon
- Value at securitization
- $12.4M (Sep 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.47x | 1.60x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $761K | $836K |
| Debt yield | 11.5% |
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 BANK 2018-BNK15 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
- Net operating income is 10% above the underwritten figure ($836K a year against $761K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.47x at securitization to 1.60x on the latest statements.
- The filing gives Aug 2028 as the lease end date for the largest tenant (BlackBear Diner(cs) LLC), before the loan matures. Lenders look hard at that rollover.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.2M | Current | No | 1.60x | 100% |
| August 2026 | $7.3M | Current | No | 1.60x | 100% |
| June 2026 | $7.3M | Current | No | 2.24x | 94% |
| May 2026 | $7.3M | Current | No | 1.29x | 94% |
| April 2026 | $7.3M | Current | No | 1.29x | 94% |
| March 2026 | $7.3M | Current | No | 1.29x | 94% |
| February 2026 | $7.3M | Current | No | 1.29x | 94% |
| January 2026 | $7.3M | Current | No | 1.74x | 94% |
| December 2025 | $7.4M | Current | No | 1.74x | 94% |
| November 2025 | $7.4M | Current | No | 1.74x | 94% |
| October 2025 | $7.4M | Current | No | 1.74x | 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 |
|---|---|---|---|---|
| BANK 2018-BNK15 | 33 | $7,247,860 | Sep 2026 | SEC filing, September 29, 2026 |
Other Ogden loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cabelas Farmington | Farmington, UT | Retail | $9.2M | 4.787% | Jun 2028 | 2.71x | 100% | Current |
| 1076 Riverdale | Riverdale, UT | Retail | $8.9M | 5.024% | Dec 2028 | 2.27x | 99% | Current |
| Stor-N-Lock Self Storage #3 | Riverdale, UT | Self storage | $2.8M | 4.98% | Aug 2028 | 2.25x | 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.