Office · Lawrence, Massachusetts
Riverwalk Buildings
Public CMBS trusts hold $55.9M of the loan on Riverwalk Buildings at 5.176% that reaches maturity on June 6, 2028, in 19 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $55,872,128
- Original balance (same notes)
- $60,700,000
- Interest rate
- 5.176% fixed
- Originated
- June 5, 2018
- Maturity
- June 6, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- April 5, 2028
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 354 Merrimack Street, Lawrence, MA 01843
- Metro
- Boston-Cambridge-Newton, MA-NH
- Rentable area
- 649,726 sq ft
- Built
- 1901, renovated 2007
- Largest tenants
- Select One Construction; Salvatore's; Revvity Health Sciences (Formerly Nexcelom)
- Value at securitization
- $117.0M (Apr 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.76x | 1.40x |
| Occupancy | 93% | 89% |
| Net operating income | $7.4M | $7.4M |
| Debt yield | 13.3% |
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-C13 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x 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 93% when the loan was securitized to 89%.
- Debt service coverage moved from 1.76x at securitization to 1.40x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $55.9M | Current | No | 1.40x | 89% |
| August 2026 | $56.0M | Current | No | n/a | n/a |
| July 2026 | $56.0M | Current | No | n/a | n/a |
| June 2026 | $56.1M | Current | No | n/a | n/a |
| May 2026 | $56.2M | Current | No | n/a | n/a |
| April 2026 | $56.3M | Current | No | 1.48x | 89% |
| March 2026 | $56.4M | Late payment but less than 30 days delinquent | No | 1.48x | 89% |
| February 2026 | $56.5M | Current | No | 1.51x | 91% |
| January 2026 | $56.6M | Current | No | 1.51x | 91% |
| December 2025 | $56.6M | Current | No | 1.51x | 91% |
| November 2025 | $59.1M | 90+ days delinquent | Yes | 1.50x | 89% |
| October 2025 | $56.8M | Current | No | 1.50x | 89% |
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 August 1, 2024.
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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C12 | 3 | $41,420,852 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C13 | 17 | $14,451,275 | Sep 2026 | SEC filing, September 28, 2026 |
Other Boston-Cambridge-Newton loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Back Bay Office | Boston, MA | Office | $237.5M | 6.298% | Jul 2028 | 2.24x | 86% | Current |
| CrossPoint | Lowell, MA | Office | $150.0M | 4.734% | Feb 2028 | 2.29x | 74% | Current |
| Atrium Center | Chestnut Hill, MA | Mixed use | $115.0M | 3.90% | Jan 2028 | 4.70x | 100% | Current |
| Tripadvisor Hq | Needham, MA | Office | $98.2M | 4.883% | Aug 2028 | 2.35x | 100% | Current |
| 10 Brookline Place | Brookline, MA | Office | $82.0M | 4.337% | Dec 2028 | 2.50x | 100% | Current |
| Millennium Tower Boston | Boston, MA | Retail | $55.7M | 4.285% | Jul 2028 | n/a | n/a | Current |
| Axcelis Corporate Center | Beverly, MA | Industrial | $40.3M | 4.92% | Feb 2028 | 1.45x | 100% | Current |
| Riverworks | Watertown, MA | Office | $38.6M | 4.857% | Nov 2028 | 2.11x | 88% | Current |
All loans maturing in 2028 · All Boston-Cambridge-Newton loans
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.