8-KFiled Jul 13, 8:00 PM ET

UBS Commercial Mortgage Trust 2018-C13 Reports Special Servicer Change

UBS Commercial Mortgage Trust 2018-C13

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UBS Commercial Mortgage Trust 2018-C13 Reports Special Servicer Change

What Happened
UBS Commercial Mortgage Trust 2018-C13 filed a Form 8-K (Item 8.01) to report that, effective July 14, 2026, Trimont LLC was removed as special servicer of the Christiana Mall Mortgage Loan and Green Loan Services LLC was appointed as the successor special servicer. The Christiana Mall Mortgage Loan is part of the trust’s loan pool and was approximately 4.2% of the asset pool as of the cut-off date. The servicing change is being made under the BBCMS 2018-CHRS Trust and Servicing Agreement dated August 9, 2018.

Key Details

  • Christiana Mall Mortgage Loan represented ~4.2% of the issuing entity’s asset pool as of the cut-off date.
  • Effective date of servicer change: July 14, 2026.
  • Successor special servicer: Green Loan Services LLC (principal special servicing office: 1 Vanderbilt Ave, New York, NY 10017; phone: (212) 594-2700).
  • Change executed pursuant to the BBCMS 2018-CHRS Trust and Servicing Agreement; no sale price or other financial terms were disclosed in the filing.

Why It Matters
A change in the special servicer means responsibility for managing any workout, enforcement or special servicing actions on the Christiana Mall loan now rests with Green Loan Services. For CMBS investors, special servicing changes can affect how a distressed or troubled loan is handled; however, this single loan is about 4.2% of the pool, so the direct portfolio impact is limited based on size alone. Investors should watch for future filings from the trust or servicer for updates on any actions, valuations, or loss allocations related to this loan.