Retail · Sparks, Nevada
Spanish Springs Shopping Center
Spanish Springs Shopping Center is financed with a $6.5M CMBS loan at 5.04% that reaches maturity on December 6, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,534,281
- Original balance (same notes)
- $7,500,000
- Interest rate
- 5.04% fixed
- Originated
- November 16, 2018
- Maturity
- December 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 222 Los Altos Parkway 282,252,182,172,102-162 Los Altos Parkway, Sparks, NV 89436
- Metro
- Reno, NV
- Rentable area
- 34,180 sq ft
- Built
- 2006
- Largest tenants
- U.S. Bank National Association; Screaming Eve LLC; Instant Lube LLC
- Value at securitization
- $18.0M (Sep 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.26x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $1.1M | n/a |
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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.5M | Current | No | n/a | n/a |
| August 2026 | $6.5M | Current | No | n/a | n/a |
| July 2026 | $6.6M | Current | No | n/a | n/a |
| June 2026 | $6.6M | Current | No | n/a | n/a |
| May 2026 | $6.6M | Current | No | n/a | n/a |
| April 2026 | $6.6M | Current | No | 2.40x | 100% |
| March 2026 | $6.6M | Current | No | 2.40x | 100% |
| February 2026 | $6.6M | Current | No | 2.37x | 100% |
| January 2026 | $6.6M | Current | No | 2.37x | 100% |
| December 2025 | $6.6M | Current | No | 2.37x | 100% |
| November 2025 | $6.7M | Current | No | 2.78x | 100% |
| October 2025 | $6.7M | Current | No | 2.78x | 100% |
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-C15 | 30 | $6,534,281 | Sep 2026 | SEC filing, September 28, 2026 |
Other Reno loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Commons, Reno | Reno, NV | Retail | $19.2M | 4.555% | Jul 2028 | 1.92x | 99% | Current |
| Park Center Tower | Reno, NV | Office | $18.3M | 5.365% | Nov 2028 | 1.43x | 94% | Current |
| Smithridge Plaza | Reno, NV | Retail | $17.4M | 4.951% | Jun 2028 | 1.98x | 89% | Current |
| Airport Square - Nv | Reno, NV | Retail | $16.2M | 4.855% | Sep 2028 | 3.13x | 99% | Current |
| Mira Loma Shopping Center | Reno, NV | Retail | $10.5M | 5.08% | Apr 2028 | n/a | n/a | 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.