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DBGS 2018-C1

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 30, 2026.
2026-06-30
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is DBGS 2018-C1? A US commercial mortgage-backed security issued October 2018 ($1.1B; 39 loans; 111 properties).

Identifiers: Shelf DBGS; Series dbgs2018-c1; CIK 1752363.

Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.

Sources: SEC EDGAR CIK 1752363.

What it means for you: This is the reported figure—the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.

Part of:2018 VintageDBGS ShelfRialto Capital Advisors (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/dbgs2018-c1.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:🏢 Entities
11
📈 Metrics
34
📊 Charts
13
💰 Fund Holdings
4
📄 Documents
4
💬 Analysis & Commentary
2

Who's Involved#

Rating AgenciesS&P, Fitch, Morningstar
Controlling ClassRREF III-D AIV RR H, LLC (RIALTO)
Master ServicerTrimont Real Estate Advisors
TrusteeWilmington Trust, National Association
Master ServicerWells Fargo Bank, National Association
DepositorDeutsche Mortgage & Asset Receiving Corporation
Certificate AdministratorComputershare Trust Company, N.A.
Special ServicerRialto Capital Advisors
Certificate AdministratorWells Fargo Bank, N.A.
Controlling ClassRREF III-D AIV RR
Operating AdvisorPark Bridge Lender Services

Deal Metrics

Key performance indicators and statistics tracking the deal's current status and history.

Deal Overview

Original Trust Amount
$1,100,865,000
Current Trust Amount
$942,567,385
Number of Loans
39
Number of Properties
111
Average Loan Size
$25,019,659

Portfolio Characteristics

Weighted Average Interest Rate
4.7%
Weighted Average Term
113 months
WA DSCR (NCF) at Issuance
2.22x
WA DSCR (NCF) Current
2.29x
Original Valuation
$12,924,761,000
Current Valuation
$12,799,938,000

Key Dates

Origination Date
9/28/2018
Latest Valuation
10/23/2025
Latest Transfer
7/22/2024
Latest Return
5/6/2025
Latest Modification
9/30/2021

Special Servicing Status

Loans in Special Servicing
1
Special Servicing Balance
$53,453,896
Loans Returned to Master
2
Balance Returned
$53,836,848
Avg Time in Special Servicing
710 days
Avg Time to Return
995 days

Valuation Changes

Updated Valuations
2
Total Updated Value
$71,680,000
Value Change Amount
-$32,420,000
Value Change Percentage
-51.2%

Modifications

Number of Modifications
1
Modified Balance
$20,000,000

Deal Charts

Charts showing deal performance over time.

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-02-28
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
T. Rowe Price Spectrum Income Fund2026-02-26Search FIGILookup LEIA-3, A-2$1,049,5312025-12-31
NB Private Markets Access Fund LLC2025-02-28Search FIGILookup LEIA-SB$763,6802025-03-31
GuideMark Core Fixed Income Fund2026-05-29Search FIGILookup LEIA-4, X-A$256,1382026-03-31
Lord Abbett Diversification Shares: Core Completion Fund2026-06-29Search FIGILookup LEIA-4$99,3892026-07-31
Fund NameTranchesIds
T. Rowe Price Spectrum Income Fund
$1,049,531
2025-12-31
A-3, A-2Search FIGI
Lookup LEI
NB Private Markets Access Fund LLC
$763,680
2025-03-31
A-SBSearch FIGI
Lookup LEI
GuideMark Core Fixed Income Fund
$256,138
2026-03-31
A-4, X-ASearch FIGI
Lookup LEI
Lord Abbett Diversification Shares: Core Completion Fund
$99,389
2026-07-31
A-4Search FIGI
Lookup LEI
4 of 4 funds* Use toggle buttons to sort
* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
Filings are mapped to tranches/deals with normalized identifiers.Quality & lineageFund not listed or misattributed? Contact us at support@cmdrvl.com to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-05-29
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2018-10-30
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2018-10-09
Annex A
Document filing with updated information.
View on SEC →
2018-10-09
Final Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →

Entity Statements

💬 Servicer Commentary

2026-06-30
Time Square Office Renton
Sean Hashem
Prospectus ID: 4
The loan was transferred to Special Servicing for imminent monetary default, and a receiver was appointed on December 12, 2024. The lender was the winning bidder at the March 2026 foreclosure auction and has since engaged JLL as property manager. Industri al developers have shown strong interest in the property, but existing tenancy across the buildings creates uncertainty around redevelopment timing. The Special Servicer therefore intends to negotiate mutual termination agreements with current tenants before bringing the asset to market in Q2 2027, targeting a Q4 2027 close.
Open Deal →

💬 Servicer Commentary

2025-05-29
9039 Sunset
Alon Abady
Prospectus ID: 21
Loan transferred for Imminent Monetary Default at borrower's request as a result of the Covid-19 pandemic. Special Servicer entered into discussions with the Borrower to modify loan, and the parties have reached an agreement. New lease with new tenant s igned 5/31/2022. The new construction is complete and the club is open. New Billboards are operational. Insurance has been brought into compliance with loan documents. Cash Management is in process of being finalized and notices sent to tenant; the budget has been submitted and in the approval process. Loan will return to Master now that budget process is complete.
Open Deal →

External Analysis

No external analysis linked yet. Contact us to publish and link your research.
All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
CMD+RVL runs monitors on the filings behind this page — new servicer reports, ratings actions, collateral shifts — and delivers each state change with full provenance.
Set up monitoring for this deal
Have a source-backed note on this deal? Contact us.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/dbgs2018-c1
{
  "deal_id": "dbgs2018-c1",
  "issuer": "",
  "shelf": "DBGS",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, Morningstar"
  },
  {
    "role": "Controlling Class",
    "name": "RREF III-D AIV RR H, LLC (RIALTO)"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Trustee",
    "name": "Wilmington Trust, National Association"
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Depositor",
    "name": "Deutsche Mortgage & Asset Receiving Corporation"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "Rialto Capital Advisors"
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Controlling Class",
    "name": "RREF III-D AIV RR"
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  }
]
}


Access the underlying datasets used to power these analytics.
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CMBS Fund Holdings Dataset

Filing data from sec.gov NPORT-P to produce the Fund Holdings table.

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CREFC IRP standardized datasets

Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.

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