Retail · Harlingen, Texas

Walgreens - Harlingen, TX

Walgreens - Harlingen, TX is financed with a $3.3M CMBS loan at 4.84% that reaches maturity on February 1, 2028, in 15 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$3,250,000
Original balance (same notes)
$3,250,000
Interest rate
4.84% fixed
Originated
January 25, 2018
Maturity
February 1, 2028
Payments
Interest only for the full term
Prepayment lockout ends
October 31, 2027
Master servicer
Midland
Originator
CIBC

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
1810 West Tyler Avenue, Harlingen, TX 78550
Metro
Brownsville-Harlingen, TX
Rentable area
14,820 sq ft
Built
2007
Largest tenants
Walgreens
Value at securitization
$5.7M (Nov 2017)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)1.97x1.89x
Occupancy100%100%
Net operating income (annualized from 6 months)$314K$608K
Debt yield18.7%

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 94% above the underwritten figure ($608K a year against $314K; the latest statement covers 6 months, annualized).

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$3.3MCurrentNo1.89x100%
August 2026$3.3MCurrentNo1.89x100%
July 2026$3.3MCurrentNo1.89x100%
June 2026$3.3MCurrentNon/an/a
May 2026$3.3MCurrentNon/an/a
April 2026$3.3MCurrentNo1.78x100%
March 2026$3.3MCurrentNo1.78x100%
February 2026$3.3MCurrentNo1.78x100%
January 2026$3.3MCurrentNo1.49x100%
December 2025$3.3MCurrentNo1.49x100%
November 2025$3.3MCurrentNo1.49x100%
October 2025$3.3MCurrentNo1.47x100%

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.

TrustLoan no.BalanceReport periodSource
UBS Commercial Mortgage Trust 2018-C861$3,250,000Sep 2026SEC filing, September 28, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Brownsville-Harlingen loans due in 2028

Property Location Type Balance Rate Matures DSCR Occ. Status
Sealy Distribution Center Brownsville, TX Industrial $15.5M 4.78% Nov 2028 3.63x 99% Current
Residence Inn Harlingen Harlingen, TX Hotel $7.9M 5.623% Jun 2028 3.38x 93% Current
Boca Chica Plaza Brownsville, TX Retail $5.1M 5.05% Mar 2028 2.38x 98% Current
Wellington Plaza Brownsville, TX Office $3.1M 5.86% Nov 2028 1.53x 88% Current

All loans maturing in 2028 · All Brownsville-Harlingen 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.