Retail · North Charleston, South Carolina
Shoppes At Centre Pointe
Shoppes At Centre Pointe is financed with a $13.0M CMBS loan at 5.53% that reaches maturity on November 6, 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
- $13,000,202
- Original balance (same notes)
- $14,200,000
- Interest rate
- 5.53% fixed
- Originated
- October 18, 2018
- Maturity
- November 6, 2028
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- August 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4950 Centre Pointe Drive, North Charleston, SC 29418
- Metro
- Charleston-North Charleston, SC
- Rentable area
- 139,688 sq ft
- Built
- 2006
- Largest tenants
- Ashley Homestore; Adrenaline Monkey; Dollar Tree
- Value at securitization
- $21.8M (Jun 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.49x | 1.70x |
| Occupancy | 95% | 99% |
| Net operating income (annualized from 3 months) | $1.4M | $1.7M |
| Debt yield | 12.9% |
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-C14 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 risen from 95% when the loan was securitized to 99%.
- Net operating income is 16% above the underwritten figure ($1.7M a year against $1.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.49x at securitization to 1.70x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.0M | Current | No | 1.70x | 99% |
| August 2026 | $13.0M | Current | No | 1.70x | 99% |
| July 2026 | $13.0M | Current | No | n/a | n/a |
| June 2026 | $13.1M | Current | No | n/a | n/a |
| May 2026 | $13.1M | Current | No | n/a | n/a |
| April 2026 | $13.1M | Current | No | 1.63x | 97% |
| March 2026 | $13.1M | Current | No | 1.63x | 97% |
| February 2026 | $13.1M | Current | No | 1.63x | 97% |
| January 2026 | $13.2M | Current | No | 1.63x | 97% |
| December 2025 | $13.2M | Current | No | 1.63x | 97% |
| November 2025 | $13.2M | Current | No | n/a | n/a |
| October 2025 | $13.2M | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C14 | 15 | $13,000,202 | Sep 2026 | SEC filing, September 28, 2026 |
Other Charleston-North Charleston loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Crowfield Plaza | Goose Creek, SC | Retail | $13.2M | 5.43% | Dec 2028 | n/a | n/a | Current |
| Fairfield Inn Charleston Airport | North Charleston, SC | Hotel | $10.8M | 5.32% | Apr 2028 | 0.42x | 67% | Current |
All loans maturing in 2028 · All Charleston-North Charleston 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.