For the monthly distribution period from: May 17, 2025 to June 17, 2025
Commission File Number of issuing entity: 333-207340-13
Central Index Key Number of issuing entity: 0001744982
UBS Commercial Mortgage Trust 2018-C12
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-207340
Central Index Key Number of depositor: 0001532799
UBS Commercial Mortgage Securitization Corp.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001685185
UBS AG
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001238163
Société Générale, New York Branch
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001542256
Natixis Real Estate Capital LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001558761
Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541468
Ladder Capital Finance LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001592182
LMF Commercial, LLC (formerly known as Rialto Mortgage Finance, LLC)
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001548567
CIBC Inc.
(Exact name of sponsor as specified in its charter)
Nicholas Galeone (212) 713-8832
(Name and telephone number, including area code, of the person to contact in connection with this filing)
New York
(State or other jurisdiction of incorporation or organization of the issuing entity)
38-4088324
38-4088325
38-7206211
(I.R.S. Employer Identification No.)
c/o Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(667) 786-1992
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
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Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
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A-1 |
|
|
X |
|
|
A-2 |
|
|
X |
|
|
A-SB |
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|
X |
|
|
A-3 |
|
|
X |
|
|
A-4 |
|
|
X |
|
|
A-5 |
|
|
X |
|
|
X-A |
|
|
X |
|
|
X-B |
|
|
X |
|
|
A-S |
|
|
X |
|
|
B |
|
|
X |
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|
C |
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|
X |
|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On June 17, 2025 a distribution was made to holders of the certificates issued by UBS Commercial Mortgage Trust 2018-C12.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the UBS Commercial Mortgage Trust 2018-C12 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
|
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
|
5 |
7.32% |
2 |
$10,688,679.37 |
During the distribution period from May 17, 2025 to June 17, 2025 no assets securitized by UBS Commercial Mortgage Securitization Corp. (the "Depositor") and held by UBS Commercial Mortgage Trust 2018-C12 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents.
The Depositor filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 12, 2025. The CIK number of the Depositor is 0001532799.
UBS AG ("UBS AG"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 12, 2025. The CIK number of UBS AG is 0001685185.
Société Générale, New York Branch ("Société"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 13, 2025. The CIK number of Société is 0001238163.
Natixis Real Estate Capital LLC ("NREC"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2025. The CIK number of NREC is 0001542256.
Cantor Commercial Real Estate Lending, L.P. ("CCREL"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on January 22, 2025. The CIK number of CCREL is 0001558761.
Ladder Capital Finance LLC ("LCF"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2025. The CIK number of LCF is 0001541468.
LMF Commercial, LLC (formerly known as Rialto Mortgage Finance, LLC) ("LMF"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 3, 2025. The CIK number of LMF is 0001592182.
CIBC Inc. ("CIBC"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2025. The CIK number of CIBC is 0001548567.
Item 1A. Asset-Level Information.
ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on June 30, 2025 under Commission File No. 333-207340-13 and incorporated by reference herein).
ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on June 30, 2025 under Commission File No. 333-207340-13 and incorporated by reference herein).
Part II - OTHER INFORMATION
Item 9. Other Information.
Midland Loan Services, A Division of PNC Bank, National Association, in its capacity as Master Servicer for UBS Commercial Mortgage Trust 2018-C12, affirms the following amounts in the respective accounts:
|
Collection Account | ||
|
Prior Distribution Date |
05/16/2025 |
$768,647.39 |
|
Current Distribution Date |
06/17/2025 |
$4,533,569.50 |
|
REO Account | ||
|
Prior Distribution Date |
05/16/2025 |
$0.00 |
|
Current Distribution Date |
06/17/2025 |
$0.00 |
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for UBS Commercial Mortgage Trust 2018-C12, affirms the following amounts in the respective accounts:
|
Distribution Account | ||
|
Prior Distribution Date |
05/16/2025 |
$4,828.34 |
|
Current Distribution Date |
06/17/2025 |
$4,977.51 |
|
Interest Reserve Account | ||
|
Prior Distribution Date |
05/16/2025 |
$0.00 |
|
Current Distribution Date |
06/17/2025 |
$0.00 |
|
Gain-on-Sale Reserve Account | ||
|
Prior Distribution Date |
05/16/2025 |
$0.00 |
|
Current Distribution Date |
06/17/2025 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
UBS Commercial Mortgage Securitization Corp.
(Depositor)
/s/ Nicholas Galeone
Nicholas Galeone, President
Date: June 30, 2025
/s/ Andrew Lisa
Andrew Lisa, Director
Date: June 30, 2025