Retail · Alburquerque, New Mexico
The Village At La Orilla
The Village At La Orilla is financed with a $13.1M CMBS loan at 4.863% that reaches maturity on January 6, 2028, in 14 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,059,127
- Original balance (same notes)
- $15,400,000
- Interest rate
- 4.863% fixed
- Originated
- December 28, 2017
- Maturity
- January 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 5, 2027
- Master servicer
- Midland
- Originator
- LCF
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred February 18, 2021, returned February 1, 2023
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 3200C, 3200D, 3200E La Orilla Road Nw 3236B, Alburquerque, NM 87120
- Metro
- Albuquerque, NM
- Rentable area
- 59,189 sq ft
- Built
- 2016
- Largest tenants
- FLIX; Village Pizza; Gracie Barra
- Value at securitization
- $22.1M (Jan 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 1.36x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $1.4M | $2.7M |
| Debt yield | 20.5% |
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 UBS Commercial Mortgage Trust 2018-C8 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
- Net operating income is 95% above the underwritten figure ($2.7M a year against $1.4M; the latest statement covers 6 months, annualized).
- The most recent valuation in the filing is $16.3M (October 28, 2021), against $22.1M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.1M | Current | No | 1.36x | 100% |
| August 2026 | $13.1M | Current | No | 1.36x | 100% |
| July 2026 | $13.1M | Current | No | n/a | n/a |
| June 2026 | $13.1M | Current | No | n/a | n/a |
| May 2026 | $13.2M | Current | No | n/a | n/a |
| April 2026 | $13.2M | Current | No | 1.36x | 100% |
| March 2026 | $13.2M | Current | No | 1.36x | 100% |
| February 2026 | $13.3M | Current | No | 1.36x | 100% |
| January 2026 | $13.3M | Current | No | 1.39x | 100% |
| December 2025 | $13.3M | Current | No | 1.39x | 100% |
| November 2025 | $13.3M | Current | No | 1.39x | 100% |
| October 2025 | $13.4M | Current | No | 1.39x | 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.
Special-servicing history
- Transferred to the special servicer February 18, 2021, returned to the master servicer February 1, 2023.
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-C8 | 20 | $13,059,127 | Sep 2026 | SEC filing, September 28, 2026 |
Other Albuquerque loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Garden Inn Albuquerque Uptown | Albuquerque, NM | Hotel | $15.3M | 5.265% | Aug 2028 | 2.22x | 70% | Current |
| Altura Professional Building | Albuquerque, NM | Office | $11.2M | 5.218% | Sep 2028 | 2.21x | 99% | Current |
| Jefferson Plaza Albuquerque | Albuquerque, NM | Office | $8.7M | 4.715% | Jul 2028 | 1.01x | 68% | Current |
| Rio Grande Mhp | Albuquerque, NM | Manufactured housing | $2.2M | 5.57% | Jun 2028 | 2.57x | 95% | 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.