MSC 2018-L1 - Charts and Resources
Data discoverability for CMBS deal MSC 2018-L1 updated as of 2025-07-31.
2025-07-31
Deal Overview
Morgan Stanley Capital I Trust 2018-L1's issuance is a U.S. CMBS transaction issued from the MSC shelf and backed by 47 commercial mortgage loans with an aggregate principal balance of 650.4 million at issuance, secured by the fee and leasehold interests in 49 properties across 20 U.S. states.CIK
1751743
Rating AgenciesMoodys, Fitch, Morningstar
DepositorMorgan Stanley & Co. Incorporated
Special ServicerK-Star Asset Management
Master ServicerMidland Loan Services
Special ServicerMidland Loan Services
Operating AdvisorPentalpha Surveillance
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$900,725,526Current Trust Amount
$860,501,314Number of Loans
47Number of Properties
49Average Loan Size
$19,164,373Portfolio Characteristics
Weighted Average Interest Rate
4.8%Weighted Average Term
117 monthsOriginal Valuation
$8,164,595,000Current Valuation
$9,099,135,000Key Dates
Origination Date
9/27/2018Latest Valuation
7/19/2024Latest Transfer
4/4/2025Latest Return
12/23/2024Latest Modification
6/1/2020Special Servicing Status
Loans in Special Servicing
3Special Servicing Balance
$60,017,912Loans Returned to Master
3Balance Returned
$61,044,436Avg Time in Special Servicing
754 daysAvg Time to Return
668 daysValuation Changes
Updated Valuations
22Total Updated Value
$552,500,000Value Change Amount
-$7,600,000Value Change Percentage
178.5%Modifications
Number of Modifications
4Modified Balance
$68,038,641Deal Charts
Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.
Fund Holdings
Explore a list of funds that include MSC 2018-L1 bonds in their portfolios, sourced directly from the most recent NPORT-P filings on EDGAR SEC.gov. The funds in this table should have a reporting period end date in the future which means the holdings are current as of the most recent filing.* 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.
* 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.
Recent Commentary
Special servicers provide regular updates on the status of troubled loans. Below are recent comments from special servicing reports filed with sec.gov EDGAR for MSC 2018-L1, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-07-31
Prospectus ID: 16A5
07/05/2025: Loan transferred to Special Servicing on 12/01/22. Collateral is a 641k sf office and industrial portfolio in NJ. Loan transferred for non-monetary defaults. Lender is pursuing all legal remedies as well as continuing to negotiate with
💬 Servicer Commentary
2025-07-31
901 West Madison
Saul Sutton
Prospectus ID: 41
7/11/2025 - Loan transferred to SS on 4/8/2025 due to payment default. Collateral is a 16,052 sf retail property located in Chicago, Illinois and is currently 77% occupied to six tenants. Noteholder has issued a PNL and Borrower has refused to sign. Couns el has been engaged and is working to rectify existing defaults, including but not limited to, full compliance with cash management and approval of a replacement property manager. Loan is currently due for 7/1/2025 payment.
💬 Servicer Commentary
2025-07-31
Prospectus ID: 16A2
07/05/2025: Loan transferred to Special Servicing on 12/01/22. Collateral is a 641k sf office and industrial portfolio in NJ. Loan transferred for non-monetary defaults. Lender is pursuing all legal remedies as well as continuing to negotiate with
💬 Servicer Commentary
2025-01-31
Sanmukh Patel
Prospectus ID: 29
12/11/2024 - Loan was transferred to Special Servicing on 1/4/24 due to non-compliance. Legal counsel has been engaged and demand letters have been sent to the Borrower. PNL has not been executed to date and communications are through counsel. Collateral is a 98-room, extended stay hotel in San Antonio, TX located less than 1 mile from Sea World. Borrower has been remitting partial payments and Special Servicer has been working with Borrower to cure covenant and monetary defaults while dual tracking foreclosure. Defeasance of the loan closed on 11/20/24.
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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Access the underlying datasets used to power these analytics.
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
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