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Form 10-D Morgan Stanley Bank of For: Jun 17

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July 1, 2022 1:25 PM EDT

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 10-D

ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from
May 18, 2022 to June 17, 2022

Commission File Number of Issuing entity: 333-180779-11

Central Index Key Number of issuing entity: 0001617760

Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-180779

Central Index Key Number of depositor: 0001547361

MORGAN STANLEY CAPITAL I INC.
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor: 0001541557
0001102113
0001548567

Morgan Stanley Mortgage Capital Holdings LLC
Bank of America, National Association
CIBC Inc.
(Exact name of sponsors as specified in their charters

Jane Lam (212) 761-4000
(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)

47-2087494
47-2098931
47-2108850
47-6535473
(I.R.S. Employer Identification No.)

c/o U.S. Bank National Association
190 S. LaSalle Street
Chicago, IL
(Address of principal executive offices of issuing entity)

60603
(Zip Code)

(312) 332-7458
(Telephone number, including area code)

Not Applicable
(Former name, former address, if changed since last report)

Registered/reporting pursuant to (check one)

Name of exchange
Title of ClassSection 12(b)Section 12(g)Section 15(d)(If Section 12(b))
A-1☐☐☒__________
A-2☐☐☒__________
A-SB☐☐☒__________
A-3☐☐☒__________
A-4☐☐☒__________
X-A☐☐☒__________
A-S☐☐☒__________
B☐☐☒__________
PST☐☐☒__________
C☐☐☒__________

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities and 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  ☒   No ☐

PART I - DISTRIBUTION INFORMATION

Item 1.  Distribution and Pool Performance Information.

On June 17, 2022 a distribution was made to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18.  The monthly report to holders is attached as Exhibit 99.1.

No assets securitized by Morgan Stanley Mortgage Capital Holdings LLC, Bank of America, National Association, or CIBC Inc. and held by Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from May 18, 2022 to June 17, 2022. Morgan Stanley Mortgage Capital Holdings LLC filed its most recent Form ABS-15G on May 13, 2022.  The CIK Number of Morgan Stanley Mortgage Capital Holdings LLC is 0001541557.  Bank of America, National Association filed its most recent Form ABS-15G on May 11, 2022. The CIK Number of Bank of America, National Association is 0001102113. CIBC Inc. filed its most recent Form ABS-15G on February 11, 2022. The CIK Number of CIBC Inc. is 0001548567.

PART II - OTHER INFORMATION

Item 2. Legal Proceedings.

Disclosure from U.S. Bank National Association, as Trustee

"U.S. Bank National Association (“U.S. Bank”) and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ("RMBS") trusts.  The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts.  Plaintiffs generally assert causes of action based upon the trustees’ purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.  

U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs’ claims vigorously.  However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.  

On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the “DSTs”) that issued securities backed by student loans (the “Student Loans”) filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association (“U.S. Bank”) in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans.  This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the “NCMSLT Action”).  The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans.  Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.

U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated.  On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases.  On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.  

U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses.  It has contested and intends to continue contesting the plaintiffs’ claims vigorously."  

Item 9.  Other Information

Wells Fargo Bank, N.A., in its capacity as Master Servicer for Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18, affirms the following amounts in the respective accounts:

Collection Account Balance
Prior Distribution Date:     May 17,2022$0.00
Current Distribution Date:     June 17,2022$0.00

*REO Account Balance
Prior Distribution Date:     May 17,2022$0.00
Current Distribution Date:     June 17,2022$0.00

*As provided by the Special Servicer

U.S. Bank National Association, in its capacity as Certificate Administrator for Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18, affirms the following amounts in the respective accounts:

Distribution Account Balance
Prior Distribution Date:     May 17,2022$1,446.11
Current Distribution Date:     June 17,2022$1,492.90

Interest Reserve Account Balance
Prior Distribution Date:     May 17,2022$0.00
Current Distribution Date:     June 17,2022$0.00

Excess Liquidation Proceeds Account Balance
Prior Distribution Date:     May 17,2022$0.00
Current Distribution Date:     June 17,2022$0.00

TA Unused Fees Account Balance
Prior Distribution Date:     May 17,2022$0.00
Current Distribution Date:     June 17,2022$0.00

Item 10. Exhibits.
(a)  The following is a list of documents filed as part of this Report on Form 10-D:
(99.1) Monthly report distributed to holders of Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18, relating to the June 17, 2022 distribution.
(b)  The exhibits required to be filed by the Registrant pursuant to this form are listed in the Exhibit Index that immediately follows on the signature page hereof.

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.

MORGAN STANLEY CAPITAL I INC.
(Depositor)

Date: July 01, 2022/s/  Jane H. Lam
Name: Jane H. Lam
Title: President

EXHIBIT INDEX

Exhibit NumberExhibit
Exhibit 99.1Monthly report distributed to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18, relating to the June 17, 2022 distribution.

June 2022
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
TABLE OF CONTENTS
ADMINISTRATOR
PARTIES TO THE TRANSACTION
DATES
Anita Wells
Account Administrator
(312)-332-6574
https://pivot.usbank.com/
190 S La Salle St
Chicago, IL 60603
Name:
Title:
Address:
Phone:
Email:
Website:
Mortgage Loan Seller:
Bank of America, National Association
Mortgage Loan Seller:
CIBC Inc.
Mortgage Loan Seller:
Morgan Stanley Mortgage Capital Holdings LLC
Depositor:
Morgan Stanley Capital I Inc.
Trustee:
U.S. Bank
Certificate Administrator:
U.S. Bank
Custodian:
U.S. Bank
Master Servicer:
Wells Fargo Bank, National Association
Special Servicer:
Rialto Capital Advisors, LLC
Trust Advisor:
Park Bridge Lender Services LLC
Payment Date:
Jun 17, 2022
Prior Payment:
May 17, 2022
Next Payment:
Jul 15, 2022
Record Date:
May 31, 2022
Determination Date:
Jun 13, 2022
First Payment Date:
Oct 20, 2014
Closing Date:
Sep 30, 2014
Cut-off Date:
Sep 1, 2014
Final Distribution Date:
Oct 17, 2047
* This report contains, or is based on, information furnished to U.S. Bank Global Corporate Trust ("U.S. Bank") by one or more third parties (e.g. Servicers, Master Servicer, etc.), and U.S. Bank
has not independently verified information received from any such third party.
Initial
Beginning
Principal
Interest
Total
Collateral
Trust
Exchangeable
Pass-Through
Class Certificate
Class Certificate
Distribution
Distribution
Distribution
Support
Advisor
Ending
Percent
Class
Rate
Balance
Balance
Amount
Amount
Amount
Deficit
Expense
Balance
Outstanding
A-1
1.68600%
36,300,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-2
3.19400%
288,600,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-SB
3.62100%
67,800,000.00
27,161,567.37
877,028.48
81,960.03
958,988.51
0.00
0.00
26,284,538.89
A-3
3.64600%
115,000,000.00
75,739,345.66
0.00
230,121.38
230,121.38
0.00
0.00
75,739,345.66
A-4
3.92300%
215,535,000.00
215,535,000.00
0.00
704,619.84
704,619.84
0.00
0.00
215,535,000.00
X-A
0.78507%
767,146,000.00
362,346,913.03
0.00
237,056.79
237,056.79
0.00
0.00
361,469,884.55
A-S
4.11000%
43,911,000.00
43,911,000.00
0.00
150,395.18
150,395.18
0.00
0.00
43,911,000.00
100.00%
B
4.60720%
81,364,000.00
81,364,000.00
0.00
312,383.19
312,383.19
0.00
0.00
81,364,000.00
100.00%
PST
N/A
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00%
C
4.65020%
61,991,000.00
61,991,000.00
0.00
240,225.21
240,225.21
0.00
0.00
61,991,000.00
100.00%
X-B
0.33361%
191,141,000.00
191,141,000.00
0.00
53,138.44
53,138.44
0.00
0.00
191,141,000.00
X-C
1.65020%
43,910,000.00
43,910,000.00
0.00
60,383.39
60,383.39
0.00
0.00
43,910,000.00
X-D
1.65020%
30,996,667.00
27,894,651.99
0.00
38,359.68
38,359.68
0.00
0.00
27,764,874.38
D
3.38900%
47,786,000.00
47,786,000.00
0.00
134,955.63
134,955.63
0.00
0.00
47,786,000.00
E
3.00000%
25,829,000.00
25,829,000.00
0.00
64,572.50
64,572.50
0.00
0.00
25,829,000.00
F
3.00000%
18,081,000.00
18,081,000.00
0.00
17,378.54
17,378.54
0.00
0.00
18,081,000.00
G
3.00000%
30,996,667.00
27,894,651.99
0.00
0.00
0.00
129,777.61
0.00
27,764,874.38
V
N/A
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
R
N/A
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
300-A
3.74900%
67,400,000.00
67,400,000.00
0.00
217,587.79
217,587.79
0.00
0.00
67,400,000.00
300-B
3.99600%
39,000,000.00
39,000,000.00
0.00
134,199.00
134,199.00
0.00
0.00
39,000,000.00
300-C
4.49000%
57,000,000.00
57,000,000.00
0.00
220,384.17
220,384.17
0.00
0.00
57,000,000.00
300-D
5.27900%
49,000,000.00
49,000,000.00
0.00
222,744.47
222,744.47
0.00
0.00
49,000,000.00
300-E
4.68959%
32,000,000.00
32,000,000.00
0.00
129,224.37
129,224.37
0.00
0.00
32,000,000.00
Totals:
1,277,593,667.00
869,692,565.02
877,028.48
3,249,689.58
4,126,718.06
129,777.61
0.00
868,685,758.93
June 2022
PAYMENT DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 1 of 29
Initial
Beginning
Principal
Interest
Total
Collateral
Trust
Exchangeable
Pass-Through
Class Certificate
Class Certificate
Distribution
Distribution
Distribution
Support
Advisor
Ending
Percent
Class
Rate
Balance
Balance
Amount
Amount
Amount
Deficit
Expense
Balance
Outstanding
A-S
4.11000%
43,911,000.00
43,911,000.00
0.00
150,395.18
150,395.18
0.00
0.00
43,911,000.00
100.00%
B
4.60720%
81,364,000.00
81,364,000.00
0.00
312,383.19
312,383.19
0.00
0.00
81,364,000.00
100.00%
PST
N/A
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00%
C
4.65020%
61,991,000.00
61,991,000.00
0.00
240,225.21
240,225.21
0.00
0.00
61,991,000.00
100.00%
Totals:
187,266,000.00
187,266,000.00
0.00
703,003.57
703,003.57
0.00
0.00
187,266,000.00
June 2022
PAYMENT DETAIL (EXCHANGE CERTIFICATES)
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 2 of 29
Beginning
Principal
Interest
Total
Ending
Class Certificate
Distribution
Distribution
Distribution
Realized
Class Certificate
Class
Cusip
Balance
Amount
Amount
Amount
Loss
Balance
A-1
61763XAA4
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
A-2
61763XAB2
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
A-SB
61763XAC0
0.40061309
0.01293552
0.00120885
0.01414437
0.00000000
0.38767756
A-3
61763XAD8
0.65860301
0.00000000
0.00200106
0.00200106
0.00000000
0.65860301
A-4
61763XAE6
1.00000000
0.00000000
0.00326917
0.00326917
0.00000000
1.00000000
X-A
61763XAG1
0.47233110
0.00000000
0.00030901
0.00030901
0.00000000
0.47118786
A-S
61763XAH9
1.00000000
0.00000000
0.00342500
0.00342500
0.00000000
1.00000000
B
61763XAJ5
1.00000000
0.00000000
0.00383933
0.00383933
0.00000000
1.00000000
PST
61763XAK2
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
C
61763XAL0
1.00000000
0.00000000
0.00387516
0.00387516
0.00000000
1.00000000
X-B
61763XAM8
1.00000000
0.00000000
0.00027801
0.00027801
0.00000000
1.00000000
X-C
61763XAP1
1.00000000
0.00000000
0.00137516
0.00137516
0.00000000
1.00000000
X-D
61763XAR7
0.89992424
0.00000000
0.00123754
0.00123754
0.00000000
0.89573742
D
61763XAT3
1.00000000
0.00000000
0.00282417
0.00282417
0.00000000
1.00000000
E
61763XAV8
1.00000000
0.00000000
0.00250000
0.00250000
0.00000000
1.00000000
F
61763XAX4
1.00000000
0.00000000
0.00096115
0.00096115
0.00000000
1.00000000
G
61763XAZ9
0.89992424
0.00000000
0.00000000
0.00000000
0.00418682
0.89573742
V
61763XBC9
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
R
61763XBD7
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
300-A
61763XBF2
1.00000000
0.00000000
0.00322831
0.00322831
0.00000000
1.00000000
300-B
61763XBH8
1.00000000
0.00000000
0.00344100
0.00344100
0.00000000
1.00000000
300-C
61763XBK1
1.00000000
0.00000000
0.00386639
0.00386639
0.00000000
1.00000000
300-D
61763XBM7
1.00000000
0.00000000
0.00454581
0.00454581
0.00000000
1.00000000
300-E
61763XBP0
1.00000000
0.00000000
0.00403826
0.00403826
0.00000000
1.00000000
June 2022
FACTOR DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 3 of 29
Collateral
Collateral
Excess
Cumulative
Beginning
Scheduled
Unscheduled
Support Deficit
Support
Trust Advisor
Ending
Realized
Class
Balance
Principal
Principal
Recovered
Deficit
Expenses
Balance
Loss
A-1
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-2
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-SB
27,161,567.37
1,006,806.09
-129,777.61
0.00
0.00
0.00
26,284,538.89
0.00
A-3
75,739,345.66
0.00
0.00
0.00
0.00
0.00
75,739,345.66
0.00
A-4
215,535,000.00
0.00
0.00
0.00
0.00
0.00
215,535,000.00
0.00
A-S
43,911,000.00
0.00
0.00
0.00
0.00
0.00
43,911,000.00
0.00
B
81,364,000.00
0.00
0.00
0.00
0.00
0.00
81,364,000.00
0.00
PST
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C
61,991,000.00
0.00
0.00
0.00
0.00
0.00
61,991,000.00
0.00
D
47,786,000.00
0.00
0.00
0.00
0.00
0.00
47,786,000.00
0.00
E
25,829,000.00
0.00
0.00
0.00
0.00
0.00
25,829,000.00
0.00
F
18,081,000.00
0.00
0.00
0.00
0.00
0.00
18,081,000.00
0.00
G
27,894,651.99
0.00
0.00
0.00
129,777.61
0.00
27,764,874.38
3,287,020.64
300-A
67,400,000.00
0.00
0.00
0.00
0.00
0.00
67,400,000.00
0.00
300-B
39,000,000.00
0.00
0.00
0.00
0.00
0.00
39,000,000.00
0.00
300-C
57,000,000.00
0.00
0.00
0.00
0.00
0.00
57,000,000.00
0.00
300-D
49,000,000.00
0.00
0.00
0.00
0.00
0.00
49,000,000.00
0.00
300-E
32,000,000.00
0.00
0.00
0.00
0.00
0.00
32,000,000.00
0.00
Totals:
869,692,565.02
1,006,806.09
(129,777.61)
0.00
129,777.61
0.00
868,685,758.93
3,287,020.64
June 2022
PRINCIPAL DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 4 of 29
Accrued
Net Prepay
Current
Yield Maintenance
Total Interest
Cumulative
Certificate
Interest
Interest
Interest
Excess
Charges/
Distribution
Unpaid Interest
Class
Interest
Shortfall
Adjustment
Shortfalls
Interest
Prepayment Premium
Amount
Shortfall
A-1
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-2
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-SB
81,960.03
0.00
0.00
0.00
0.00
0.00
81,960.03
0.00
A-3
230,121.38
0.00
0.00
0.00
0.00
0.00
230,121.38
0.00
A-4
704,619.84
0.00
0.00
0.00
0.00
0.00
704,619.84
0.00
X-A
237,056.79
0.00
0.00
0.00
0.00
0.00
237,056.79
0.00
A-S
150,395.18
0.00
0.00
0.00
0.00
0.00
150,395.18
0.00
B
312,383.19
0.00
0.00
0.00
0.00
0.00
312,383.19
0.00
PST
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C
240,225.21
0.00
0.00
0.00
0.00
0.00
240,225.21
0.00
X-B
53,138.44
0.00
0.00
0.00
0.00
0.00
53,138.44
0.00
X-C
60,383.39
0.00
0.00
0.00
0.00
0.00
60,383.39
0.00
X-D
38,359.68
0.00
0.00
0.00
0.00
0.00
38,359.68
0.00
D
134,955.63
0.00
0.00
0.00
0.00
0.00
134,955.63
0.00
E
64,572.50
0.00
0.00
0.00
0.00
0.00
64,572.50
0.00
F
45,202.50
0.00
27,823.96
27,823.96
0.00
0.00
17,378.54
1,173,833.34
G
69,736.63
0.00
69,736.63
69,736.63
0.00
0.00
0.00
5,344,122.00
V
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
R
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
300-A
217,587.79
0.00
0.00
0.00
0.00
0.00
217,587.79
0.00
300-B
134,199.00
0.00
0.00
0.00
0.00
0.00
134,199.00
0.00
300-C
220,384.17
0.00
0.00
0.00
0.00
0.00
220,384.17
0.00
300-D
222,744.47
0.00
0.00
0.00
0.00
0.00
222,744.47
0.00
300-E
129,224.37
0.00
0.01
0.01
0.00
0.00
129,224.37
72.99
Totals:
3,347,250.18
0.00
97,560.59
97,560.59
0.00
0.00
3,249,689.58
6,518,028.33
June 2022
INTEREST DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 5 of 29
Interest
Fees
Scheduled Interest
3,273,420.25
Master Servicing Fee
5,181.41
Interest Adjustments
0.00
Certificate Administrator Fee
1,492.89
Deferred Interest
0.00
Trustee Fee
1,492.89
Net Prepayment Interest Shortfall
0.00
Custodian Fee
0.00
Net Prepayment Interest Excess
0.00
Trust Advisor Fee
818.84
Interest Reserve (Deposit)/Withdrawal
0.00
CREFC License Fee
374.45
Interest Collections
3,273,420.25
Special Servicing Fee
15,863.07
Workout Fee
5,486.30
Liquidation Fee
0.00
Principal
Special Serv Fee plus Adj.
10,376.77
Scheduled Principal
1,006,806.09
Miscellaneous Fee
0.00
Unscheduled Principal
(129,777.61)
Fee Distributions
23,730.67
Principal Adjustments
0.00
Principal Collections
877,028.48
Additional Trust Fund Expenses
Reimbursed for Interest on Advances
0.00
Net ASER Amount
0.00
Non-Recoverable Advances
0.00
Other
Other Expenses or Shortfalls
0.00
Yield Maintenance
0.00
Additional Trust Fund Expenses
0.00
Prepayment Premium
0.00
Other Collections
0.00
Payments to Certificateholders
Interest Distribution
3,249,689.58
Principal Distribution
877,028.48
Yield Maintenance
0.00
Available Distribution Amount
4,126,718.06
Prepayment Premium
0.00
Payments to Certificateholders
4,126,718.06
Total Collections
4,150,448.73
Total Distribution
4,150,448.73
Funds Collection
Funds Distribution
June 2022
RECONCILIATION OF FUNDS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 6 of 29
Interest Accrual Period
05/01/2022 - 05/31/2022
P&I Advances: (Mortgage Loans and 300 North LaSalle B Note)
Master
Stated Principal Balance (Mortgage Loans and 300 North LaSalle B Note)
Mortgage Loans
Servicer
Trustee
Principal*
0.00
0.00
Beginning
Ending
Beginning
Ending
Interest*
0.00
0.00
625,292,565.02
624,285,758.93
244,400,000.00
244,400,000.00
Total Current Advances*
5,400,402.36
0.00
Int. on Advances*
0.00
0.00
Master
Unpaid Principal Balance of the Mortgage Loans and 300 North LaSalle B Note
300 North LaSalle B Note
Servicer
Trustee
Mortgage Loans
300 B-Note
Principal*
0.00
0.00
626,707,341.21
244,400,000.00
Interest*
0.00
0.00
Total Current Advances*
0.00
0.00
Ending Loan Count
49
Int. on Advances*
0.00
0.00
Mortgage Loans
Servicing Advances:
Master
Special
Weighted Average Remaining Term to Maturity
27
Servicer
Servicer
Trustee
Weighted Average Mortgage Rate
4.6627%
Int. on Advances (Mtg. Loans)
0.00
0.00
0.00
Int. on Advances (300 B-Note)
0.00
0.00
0.00
300 North LaSalle B Note
Weighted Average Remaining Term to Maturity
26
Disclosable Special Servicer Fees
Weighted Average Mortgage Rate
4.5449%
Commission
0.00
Brokerage Fee
0.00
Specially Serviced Loans that are not Delinquent
Rebate
0.00
Count
Balance
Shared Fee
0.00
0
0.00
Other
0.00
Available
Sched Prin
Unsched Prin
Current but not Specially Serviced Loans
Distribution Amounts
Distribution Amt
Distribution Amt
Distribution Amt
(Foreclosure Proceedings Commenced, but not REO Property)
Total
4,126,718.06
1,006,806.09
(129,777.61)
Count
Balance
Class 300 Certificates
924,139.80
0.00
0.00
0
0.00
* Current advances are not provided by the Servicer
Mortgage Loans
300 North LaSalle B Note
June 2022
ADDITIONAL RECONCILIATION DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 7 of 29
June 2022
HISTORICAL LOAN MODIFICATION REPORT
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Ending
Scheduled
Balance
Comments
Ending
Unpaid
Balance
4
53,787,238.60
No comment provided
53,787,238.60
13
22,621,395.89
Forbearance agreement was executed with obligors on 12/31/20, providing for repayment of deferred monthly payments (June - Dec. 2020) from July
to Dec. 2021.
22,621,395.89
21
11,309,503.13
Forbearance agreement was executed with obligors on 12/31/20, providing for repayment of deferred monthly payments (June - Dec. 2020) from July
to Dec. 2021.
11,309,503.13
48
4,572,327.83
No comment provided
4,572,327.84
Page 8 of 29
June 2022
BOND/COLLATERAL REALIZED LOSS RECONCILIATION
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Beginning
Balance of the
Loan at
Liquidation
Prior Realized
Loss Applied to
Certificates
Amounts
Covered by
Overcollateraliz
ation and other
Credit Support
Interest
(Shortages) /
Excesses
applied to
Realized Loss
Modification
Adjustments /
Appraisal
Reduction
Adjustment
Period
Additional
(Recoveries) /
Expenses
applied to
Realized Loss
Current
Realized Loss
Applied to
Certificates*
Recoveries of
Realized
Losses paid
as Cash
(Recoveries) /
Loss to
Certificate
Interest
Aggregate
Realized Loss
on Loans
A
B
C
D
E
14
0.00
0.00
0.00
0.00
0.00
Jan 2018
500.00
500.00
0.00
0.00
14
0.00
500.00
0.00
0.00
0.00
Jun 2018
4,000.00
4,500.00
0.00
0.00
14
0.00
4,500.00
0.00
0.00
0.00
Nov 2018
95,758.51
100,258.51
0.00
0.00
14
0.00
100,258.51
0.00
0.00
0.00
Jan 2019
(69,816.32)
30,442.19
0.00
0.00
14
0.00
30,442.19
0.00
0.00
0.00
Apr 2019
4,069.64
34,511.83
0.00
0.00
14
0.00
34,511.83
0.00
0.00
0.00
Jun 2019
150.00
34,661.83
0.00
0.00
14
0.00
34,661.83
0.00
0.00
0.00
Nov 2019
(32,596.83)
2,065.00
0.00
0.00
14
0.00
2,065.00
0.00
0.00
0.00
Feb 2021
4,103.33
6,168.33
0.00
0.00
14
0.00
6,168.33
0.00
0.00
0.00
Jun 2021
166.18
6,334.51
0.00
0.00
14
0.00
6,334.51
0.00
0.00
0.00
Jul 2021
4,000.00
10,334.51
0.00
0.00
14
0.00
10,334.51
0.00
0.00
0.00
Nov 2021
6,058.91
16,393.42
0.00
0.00
14
0.00
16,393.42
0.00
0.00
0.00
Feb 2022
151,871.05
168,264.47
0.00
0.00
14
0.00
168,264.47
0.00
0.00
0.00
Mar 2022
80,166.39
248,430.86
0.00
0.00
14
0.00
248,430.86
0.00
0.00
0.00
Jun 2022
129,777.61
378,208.47
0.00
0.00
36
6,127,949.04
2,991,447.34
0.00
0.00
0.00
0.00
Nov 2021
0.00
2,991,447.34
0.00
0.00
36
2,853,584.98
2,991,447.34
0.00
0.00
0.00
Jan 2022
(137,862.36)
2,853,584.98
0.00
0.00
2
Loan Count:
Totals:
Prior Realized Loss Applied to Certificates
Reduction to Realized Loss applied to bonds (could represent OC, insurance policies, reserve accounts, etc)
Adjustments that are based on principal haircut or future interest foregone due to modification
Description of Fields
A
B
C
D
E
*In the Initial Period the Current Realized Loss Applied to Certificates will equal Aggregate Realized Loss on Loans - B - C - D + E instead of A - C - D + E
0.00
0.00
0.00
240,346.11
3,231,793.45
2,853,584.98
0.00
0.00
Amounts classified by the Master as interest adjustments from general collections on a loan with a Realized Loss
Realized Loss Adjustments, Supplemental Recoveries or Expenses on a previously liquidated loan
Page 9 of 29
June 2022
HISTORICAL DELINQUENCY & LIQUIDATION SUMMARY (STATED BALANCE)
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
30 Days Delinq
60 Days Delinq
Prepayments/Liquidation
REO
Bankruptcy
Foreclosure
Count
Balance
Count
Balance
Balance
Count
Balance
Count
Month
Balance
Count
Balance
Count
Balance
Count
%
90+ Days Delinq
%
%
%
%
%
%
(1)
(2)
(1)
(2)
(1)
(2)
(2)
(2)
(2)
(2)
0
0.00
0.00
0
1
25,042,150.14
0
0
0.00
2
23,099,646.62
Jun 2022
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.7%
0
0.00
0.0%
0
0.00
0.00
0
1
25,085,843.45
0
0
0.00
2
23,115,998.26
May 2022
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.7%
0
0.00
0.0%
0
0.00
0.00
0
1
25,133,034.95
0
0
0.00
2
23,133,115.61
Apr 2022
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.7%
0
0.00
0.0%
0
0.00
0.00
0
1
25,176,313.77
0
0
0.00
2
23,149,319.48
Mar 2022
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.7%
0
0.00
0.0%
0
0.00
0.00
0
1
25,230,530.75
0
0
0.00
2
23,167,978.11
Feb 2022
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.7%
1
4,527,824.01
0.5%
0
0.00
0.00
0
1
25,273,364.94
0
0
0.00
2
23,184,028.05
Jan 2022
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.6%
0
0.00
0.0%
0
0.00
0.00
0
1
25,316,003.78
0
0
0.00
2
23,200,007.13
Dec 2021
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.6%
0
0.00
0.0%
0
0.00
0.00
0
1
25,362,179.33
0
0
0.00
2
23,216,765.48
Nov 2021
0.00
0.0%
0.0%
2.9%
0.0%
0.0%
2.6%
1
6,127,949.04
0.7%
0
0.00
0.00
0
4
68,363,161.24
0
0
0.00
3
29,360,549.06
Oct 2021
0.00
0.0%
0.0%
7.7%
0.0%
0.0%
3.3%
0
0.00
0.0%
0
0.00
0.00
0
2
34,033,714.22
0
0
0.00
3
29,389,450.92
Sep 2021
0.00
0.0%
0.0%
3.8%
0.0%
0.0%
3.3%
0
0.00
0.0%
0
0.00
0.00
0
5
74,610,127.61
0
0
0.00
2
23,401,593.10
Aug 2021
0.00
0.0%
0.0%
8.4%
0.0%
0.0%
2.6%
0
0.00
0.0%
0
0.00
0.00
0
5
74,736,235.89
0
0
0.00
2
23,412,987.54
Jul 2021
0.00
0.0%
0.0%
8.4%
0.0%
0.0%
2.6%
1
32,423,608.60
3.6%
0
0.00
0.00
0
5
74,872,233.07
0
0
0.00
2
23,425,134.20
Jun 2021
0.00
0.0%
0.0%
8.1%
0.0%
0.0%
2.5%
0
0.00
0.0%
0
6,062,506.07
0.00
1
2
34,267,145.59
0
0
0.00
2
23,436,434.35
May 2021
0.00
0.0%
0.7%
3.7%
0.0%
0.0%
2.5%
0
0.00
0.0%
1
0.00
6,078,784.02
0
4
69,053,328.53
0
0
0.00
2
23,448,490.12
Apr 2021
0.00
0.7%
0.0%
7.5%
0.0%
0.0%
2.5%
1
4,807,711.10
0.5%
(2) Percentage in relation to Ending Scheduled Balance
(1) Exclusive of loans in Bankruptcy, Foreclosure and REO
Page 10 of 29
June 2022
Delinquency Summary Report
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Current
30 - 59 days
60 - 89 days
90 - 120 days
121 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage*
Actual Bal
46
820,543,962.17
94.46%
820,543,962.21
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
25,042,150.14
2.88%
25,965,757.37
47
845,586,112.31
97.34%
846,509,719.58
Bankruptcy
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
Foreclosure
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
REO
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
5,849,725.61
0.67%
5,918,059.42
1
17,249,921.01
1.99%
18,679,562.21
2
23,099,646.62
2.66%
24,597,621.63
TOTAL
Loan Count
Sched Bal
Percentage*
Actual Bal
46
820,543,962.17
94.46%
820,543,962.21
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
5,849,725.61
0.67%
5,918,059.42
2
42,292,071.15
4.87%
44,645,319.58
49
868,685,758.93
100.00%
871,107,341.21
All Groups
Current
30 - 59 days
60 - 89 days
90 - 120 days
121 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage*
Actual Bal
45
576,143,962.17
92.29%
576,143,962.21
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
25,042,150.14
4.01%
25,965,757.37
46
601,186,112.31
96.30%
602,109,719.58
Bankruptcy
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
Foreclosure
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
REO
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
5,849,725.61
0.94%
5,918,059.42
1
17,249,921.01
2.76%
18,679,562.21
2
23,099,646.62
3.70%
24,597,621.63
TOTAL
Loan Count
Sched Bal
Percentage*
Actual Bal
45
576,143,962.17
92.29%
576,143,962.21
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
5,849,725.61
0.94%
5,918,059.42
2
42,292,071.15
6.77%
44,645,319.58
48
624,285,758.93
100.00%
626,707,341.21
Group 1
Page 11 of 29
June 2022
Delinquency Summary Report
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Current
30 - 59 days
60 - 89 days
90 - 120 days
121 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage*
Actual Bal
1
244,400,000.00
100.00%
244,400,000.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
244,400,000.00
100.00%
244,400,000.00
Bankruptcy
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
Foreclosure
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
REO
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
TOTAL
Loan Count
Sched Bal
Percentage*
Actual Bal
1
244,400,000.00
100.00%
244,400,000.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
244,400,000.00
100.00%
244,400,000.00
Group 2
* Percentages are based on scheduled balance as a percent of total pool scheduled balance.
Page 12 of 29
June 2022
REO STATUS REPORT
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
State
Ending
Scheduled Loan
Total Exposure
Appraisal Value
REO Date
Date Asset
Expected to
be Resolved
or Foreclosed
REO Revenue
and Other
Amounts
City
Property Type
Book Value
Type *
Appraisal
Date
14
ND
17,249,921.01
20,704,062.89
3,610,000.00
06/30/2022
0.00
06/02/2017
Williston
Lodging
20,000,000.00
10/01/2021
35
LA
5,849,725.61
6,029,917.88
7,000,000.00
09/30/2022
638,443.00
09/01/2021
Lake Charles
Lodging
7,140,000.00
01/31/2022
36
IN
0.00
0.00
0.00
0.00
07/28/2020
Warsaw
Retail
7,000,000.00
3
Count:
Totals:
3
23,099,646.62
26,733,980.77
10,610,000.00
638,443.00
34,140,000.00
(*) Legend: (1) Partial Liq'n (Curtailment), (2) Payoff Prior To Maturity, (3) Disposition / Liquidation, (4) Repurchase/ Substitution, (5) Full Payoff At Maturity, (6) DPO, (7) Liquidated, (8) Payoff w/ penalty,
(9) Payoff w/ yield Maintenance, (10) Curtailment w/ Penalty, (11) Curtailment w/ Yield Maintenance
Page 13 of 29
June 2022
HISTORICAL LIQUIDATION LOSS LOAN DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Current Beginning
Scheduled Balance
Most Recent Value **
Net Proceeds Received
on Liquidation
Liquidation Expense
Net Proceeds Available
for Distribution
Realized Loss to Trust
Loan ID
Liquidation /
Prepayment
Code *
Liquidation
Month
6,127,949.04
3,140,000.00
3,586,352.27
311,988.21
3,274,364.06
2,853,584.98
36
3
Nov 2021
3,586,352.27
311,988.21
3,274,364.06
2,853,584.98
Count:
Totals:
1
6,127,949.04
3,140,000.00
* Liquidation / Prepayment Code: 1 - Partial Liq'n (Curtailment); 2 - Payoff Prior To Maturity; 3 - Disposition / Liquidation; 4 - Repurchase/ Substitution; 5 - Full Payoff At Maturity; 6 - DPO; 7 - Liquidated; 8 -
Payoff w/ penalty; 9 - Payoff w/ yield Maintenance; 10 - Curtailment w/ Penalty; 11 - Curtailment w/ Yield Maintenance
** Reported as of liquidation period. If not provided by the servicer, Most Recent Value is as of cutoff.
Page 14 of 29
June 2022
INTEREST ADJUSTMENT RECONCILIATION
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Special
Servicing Fee
Amount plus
Adjustments
Liquidation
Fee Amount
Workout Fee
Amount
Most Recent
Net ASER
Amount
Prepayment
Interest
(Excess)/
Shortfall *
Non-
Recoverable
(Scheduled
Interest Not
Advanced)**
Reimbursed
Interest on
Advances
Modified
Interest Rate
Reduction/
(Excess)
Current Month
Outstanding
Other
Shortfalls/
(Refunds)
Current Ending
Scheduled
Balance
Loan ID
Reimbursement of
Advances to Servicer
0.00
0.00
2,992.32
0.00
0.00
0.00
0.00
0.00
0.00
53,787,238.60
0.00
0.00
4
5,400.42
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
25,042,150.14
0.00
0.00
11
0.00
0.00
1,325.76
0.00
0.00
0.00
0.00
0.00
0.00
22,621,395.89
0.00
0.00
13
3,713.52
0.00
0.00
0.00
0.00
81,674.66
0.00
0.00
0.00
17,249,921.01
0.00
22.88
14
0.00
0.00
659.61
0.00
0.00
0.00
0.00
0.00
0.00
11,309,503.13
0.00
0.00
21
0.00
0.00
508.61
0.00
0.00
0.00
0.00
0.00
0.00
8,432,554.43
0.00
0.00
27
1,262.83
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5,849,725.61
0.00
0.00
35
144,292,488.81
Count:
Totals:
7
10,376.77
0.00
5,486.30
0.00
0.00
81,674.66
0.00
0.00
0.00
0.00
22.88
Total Interest Shortfall hitting the Trust:
97,560.61
*Total shortfall may not match impact to bonds due to, but not limited to, the net effect of PPIE and Master Servicing fees received as per the governing documents.
**In some cases, the Servicer does not withhold their Servicing Fees on Non-Recoverable loans.
Page 15 of 29
June 2022
APPRAISAL REDUCTION REPORT
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Property Name
Paid Through
Date
ARA (Appraisal
Reduction Amount)
ARA Date
Most Recent Value
Most Recent
Valuation Date
Most Recent Net
ASER Amount
Cumulative ASER
Amount
11
09/01/2020
0.00
04/11/2022
31,140,000.00
02/01/2022
0.00
165,145.94
14
03/01/2016
17,500,494.30
12/13/2021
3,610,000.00
10/01/2021
0.00
894,993.18
35
02/01/2022
0.00
04/11/2022
7,000,000.00
01/31/2022
0.00
10,115.25
Count:
Totals:
3
17,500,494.30
41,750,000.00
0.00
1,070,254.37
Page 16 of 29
June 2022
LOAN LEVEL DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Property
Type
Transfer
Date
Stat
Maturity
Date
Neg
Am
End Schedule
Balance
Sched
P&I
Prepay
Adj
Prepay
Date
Paid
Thru
Prepay
Premium
Loan
Status **
Interest
Payment
Yield Maint
Charges
Note
Rate
PFY
DSCR
Operating
Stmnt
1
Retail
XX
08/01/19
07/01/19
2
Office
IL
08/10/24
N
89,596,008.98
578,318.75
0.00
06/10/22
0.00
0
267,099.39
0.00
3.450
2.96
06/30/21
2A
Office
08/10/24
N
244,400,000.00
925,661.40
0.00
06/10/22
0.00
0
925,661.40
0.00
4.398
0.00
3
Retail
CA
10/01/24
N
60,500,000.00
241,210.14
0.00
06/01/22
0.00
0
241,210.14
0.00
4.630
1.14
12/31/21
4
Various
04/16/20 XX
08/01/24
N
53,787,238.60
299,232.42
0.00
06/01/22
0.00
0
216,037.54
0.00
4.657
0.05
12/31/20
5
Office
CA
08/01/19
05/30/19
6
Office
PR
09/01/24
N
35,934,406.64
199,737.70
0.00
06/01/22
0.00
0
135,650.33
0.00
4.376
2.10
12/31/21
7
Various
XX
09/01/19
06/28/19
8
Multifamily
TN
02/01/24
06/16/21
9
Retail
VA
07/01/26
N
28,654,490.22
167,173.36
0.00
06/01/22
0.00
0
124,545.49
0.00
5.040
1.32
12/31/21
10
Office
CA
09/01/24
N
28,500,000.00
110,437.50
0.00
06/01/22
0.00
0
110,437.50
0.00
4.500
0.00
11
Various
12/16/19 XX
10/01/19
N
25,042,150.14
158,623.42
0.00
09/01/20
0.00
6
114,930.11
0.00
5.320
0.00
12
Retail
CA
10/01/19
09/03/19
13
Various
04/16/20 XX
08/01/24
N
22,621,395.89
132,575.53
0.00
06/01/22
0.00
0
95,605.72
0.00
4.900
1.45
12/31/21
14
Lodging
10/14/15 ND
09/01/24
N
17,249,921.01
0.00
0.00
03/01/16
0.00
6
0.00
0.00
5.510
-0.25
12/31/21
15
Multifamily
OH
08/01/19
05/01/19
16
Office
CA
09/01/24
N
17,679,392.86
93,714.80
0.00
06/01/22
0.00
0
68,574.57
0.00
4.498
0.08
12/31/21
17
Mixed Use
NC
07/01/24
09/30/20
18
Retail
CA
08/01/24
N
15,719,258.18
81,750.70
0.00
06/01/22
0.00
0
58,426.84
0.00
4.310
2.35
12/31/20
19
Various
XX
07/01/24
N
14,307,296.45
76,896.66
0.00
06/01/22
0.00
0
56,752.58
0.00
4.600
1.98
12/31/21
20
Office
CA
09/01/24
N
13,077,630.70
71,022.13
0.00
06/01/22
0.00
0
49,181.24
0.00
4.360
0.00
21
Various
04/16/20 XX
08/01/24
N
11,309,503.13
65,961.48
0.00
06/01/22
0.00
0
47,310.78
0.00
4.850
1.27
12/31/21
22
Office
NC
09/01/24
N
9,906,041.41
58,698.92
0.00
06/01/22
0.00
0
41,103.15
0.00
4.810
1.67
12/31/21
23
Industrial
CA
10/01/44
N
10,041,665.26
57,248.99
0.00
06/01/22
0.00
0
40,293.72
0.00
4.652
0.00
24
Office
FL
10/01/24
N
9,995,128.85
58,379.94
0.00
06/01/22
0.00
0
42,241.98
0.00
4.900
2.05
09/30/21
25
Multifamily
NV
07/01/19
03/27/17
26
Multifamily
CA
09/01/24
N
10,025,763.29
52,579.90
0.00
06/01/22
0.00
0
38,041.59
0.00
4.400
1.86
12/31/21
27
Lodging
04/09/20 TX
09/01/24
N
8,432,554.43
50,860.62
0.00
06/01/22
0.00
0
34,558.17
0.00
4.750
2.77
12/31/21
28
Lodging
MS
08/01/24
N
8,156,597.11
48,361.16
0.00
06/01/22
0.00
0
31,951.91
0.00
4.540
0.00
29
Multifamily
NV
07/01/19
04/01/19
30
Retail
LA
08/01/24
N
8,194,108.73
44,241.43
0.00
06/01/22
0.00
0
31,673.67
0.00
4.482
2.26
12/31/21
31
Office
VA
09/01/24
N
7,439,329.94
43,597.41
0.00
06/01/22
0.00
0
30,866.02
0.00
4.810
2.17
12/31/21
32
Various
XX
09/01/24
N
7,160,700.74
43,749.86
0.00
06/01/22
0.00
0
30,227.99
0.00
4.893
1.34
12/31/21
33
Mixed Use
CT
09/01/24
N
8,000,000.00
33,480.00
0.00
06/01/22
0.00
0
33,480.00
0.00
4.860
1.48
12/31/20
34
Retail
FL
07/01/24
N
6,792,671.56
40,610.29
0.00
06/01/22
0.00
0
27,018.97
0.00
4.610
2.44
12/31/21
35
Lodging
03/26/20 LA
09/01/24
N
5,849,725.61
42,366.06
0.00
02/01/22
0.00
3
26,014.42
0.00
5.150
0.00
36
Retail
IN
08/01/24
10/20/21
37
Multifamily
OK
09/01/24
N
5,685,285.81
33,305.48
0.00
06/01/22
0.00
0
21,731.94
0.00
4.430
2.24
12/31/21
38
Office
IN
08/01/24
N
5,882,856.72
32,705.07
0.00
06/01/22
0.00
0
22,126.58
0.00
4.360
1.31
12/31/21
39
Retail
TX
09/01/24
N
5,329,868.06
31,458.71
0.00
06/01/22
0.00
0
20,749.92
0.00
4.512
1.40
12/31/21
40
Mobile Home
CA
08/01/24
N
6,000,000.00
23,146.67
0.00
06/01/22
0.00
0
23,146.67
0.00
4.480
3.22
12/31/21
Page 17 of 29
June 2022
LOAN LEVEL DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Property
Type
Transfer
Date
Stat
Maturity
Date
Neg
Am
End Schedule
Balance
Sched
P&I
Prepay
Adj
Prepay
Date
Paid
Thru
Prepay
Premium
Loan
Status **
Interest
Payment
Yield Maint
Charges
Note
Rate
PFY
DSCR
Operating
Stmnt
41
Mobile Home
CO
09/01/24
N
5,546,373.37
29,646.78
0.00
06/01/22
0.00
0
21,880.99
0.00
4.575
1.63
12/31/20
42
Multifamily
TX
09/01/24
N
4,952,231.92
29,653.48
0.00
06/01/22
0.00
0
19,953.86
0.00
4.670
2.40
12/31/21
43
Multifamily
TX
08/01/21
05/25/18
44
Office
CA
09/01/24
05/16/18
45
Office
NC
08/01/24
03/23/21
46
Retail
CA
08/01/24
N
5,200,000.00
19,402.21
0.00
06/01/22
0.00
0
19,402.21
0.00
4.333
2.09
12/31/21
47
Self Storage
CA
09/01/24
02/01/22
48
Lodging
FL
08/01/24
N
4,572,327.83
27,055.81
0.00
06/01/22
0.00
0
19,718.00
0.00
5.000
1.28
12/31/21
49
Office
VA
08/01/24
N
4,413,882.20
25,931.89
0.00
06/01/22
0.00
0
17,896.48
0.00
4.700
2.22
12/31/21
50
Multifamily
GA
09/01/19
08/28/19
51
Retail
TX
08/01/24
N
4,287,345.08
25,304.57
0.00
06/01/22
0.00
0
16,610.16
0.00
4.490
1.52
12/31/21
52
Retail
KS
07/01/24
N
4,015,521.98
23,194.40
0.00
06/01/22
0.00
0
14,664.54
0.00
4.232
1.81
12/31/21
53
Various
XX
07/01/24
N
3,617,542.42
25,456.39
0.00
06/01/22
0.00
0
14,600.57
0.00
4.673
1.78
12/31/21
54
Retail
VA
08/01/24
N
3,723,920.20
21,855.11
0.00
06/01/22
0.00
0
14,228.39
0.00
4.428
1.44
12/31/21
55
Retail
UT
08/01/24
N
4,200,000.00
16,672.83
0.00
06/01/22
0.00
0
16,672.83
0.00
4.610
1.83
12/31/21
56
Multifamily
TN
08/01/24
06/11/18
57
Retail
NC
08/01/24
N
3,555,231.83
20,916.62
0.00
06/01/22
0.00
0
13,666.57
0.00
4.455
1.58
12/31/21
58
Retail
AZ
07/01/24
N
3,547,644.95
20,904.33
0.00
06/01/22
0.00
0
13,622.28
0.00
4.450
0.00
59
Multifamily
FL
09/01/24
N
3,669,499.91
20,735.48
0.00
06/01/22
0.00
0
15,032.60
0.00
4.750
0.00
60
Various
XX
09/01/24
N
3,114,987.45
20,420.83
0.00
06/01/22
0.00
0
12,638.54
0.00
4.700
0.00
61
Retail
AZ
09/01/24
N
2,640,993.91
18,716.23
0.00
06/01/22
0.00
0
11,061.79
0.00
4.850
0.00
62
Retail
NV
09/01/24
N
2,551,388.09
15,388.60
0.00
06/01/22
0.00
0
10,456.06
0.00
4.750
1.58
12/31/21
63
Office
IL
07/01/19
04/01/19
64
Multifamily
KS
09/01/24
N
1,894,398.17
10,895.09
0.00
06/01/22
0.00
0
6,914.84
0.00
4.230
2.25
12/31/21
65
Self Storage
FL
09/01/24
N
1,911,479.30
10,969.19
0.00
06/01/22
0.00
0
7,749.21
0.00
4.700
0.00
868,685,758.93
4,280,226.34
0.00
0.00
66
Totals:
Count:
3,273,420.25
0.00
** Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = 30-59 Days Delinquent; 2 = 60-89 Days Delinquent;
3 = 90-120 Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; 6 = 121+ Days Delinquent; R = Repurchased.
* If State field is blank or 'XX', loan has properties in multiple states.
Page 18 of 29
June 2022
MATERIAL BREACHES AND DOCUMENT DEFECTS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Ending Principal
Balance
Material Breach Date
Date Received Notice
Description
Totals:
Count:
Page 19 of 29
June 2022
MORTGAGE LOAN CHARACTERISTICS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Count
Balance ($)
%
0M to 4.9M
16
$56,668,395.24
6.52%
5M to 9.9M
16
$113,571,242.34
13.07%
10M to 14.9M
5
$58,761,858.83
6.76%
15M to 19.9M
3
$50,648,572.05
5.83%
20M to 24.9M
1
$22,621,395.89
2.60%
25M to 29.9M
3
$82,196,640.36
9.46%
35M to 39.9M
1
$35,934,406.64
4.14%
50M to 54.9M
1
$53,787,238.60
6.19%
60M to 64.9M
1
$60,500,000.00
6.96%
85M to 89.9M
1
$89,596,008.98
10.31%
240M to 244.9M
1
$244,400,000.00
28.13%
Total
49
$868,685,758.93
100.00%
Remaining Principal Balance
Count
Balance ($)
%
3.250% - 3.490%
1
$89,596,008.98
10.31%
4.000% - 4.240%
2
$5,909,920.15
0.68%
4.250% - 4.490%
15
$382,912,844.99
44.08%
4.500% - 4.740%
15
$215,171,833.70
24.77%
4.750% - 4.990%
11
$93,726,536.30
10.79%
5.000% - 5.240%
3
$39,076,543.66
4.50%
5.250% - 5.490%
1
$25,042,150.14
2.88%
5.500% - 5.740%
1
$17,249,921.01
1.99%
Total
49
$868,685,758.93
100.00%
Gross Rate
Total Weighted Average Rate: 4.48%
Page 20 of 29
June 2022
MORTGAGE LOAN CHARACTERISTICS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Count
Balance ($)
%
UNDEFINED
1
$244,400,000.00
28.13%
CALIFORNIA
9
$166,743,710.29
19.19%
VARIOUS
8
$140,960,814.82
16.23%
ILLINOIS
1
$89,596,008.98
10.31%
VIRGINIA
4
$44,231,622.56
5.09%
PUERTO RICO
1
$35,934,406.64
4.14%
FLORIDA
5
$26,941,107.45
3.10%
TEXAS
4
$23,001,999.49
2.65%
NORTH DAKOTA
1
$17,249,921.01
1.99%
LOUISIANA
2
$14,043,834.34
1.62%
NORTH CAROLINA
2
$13,461,273.24
1.55%
MISSISSIPPI
1
$8,156,597.11
0.94%
CONNECTICUT
1
$8,000,000.00
0.92%
ARIZONA
2
$6,188,638.86
0.71%
KANSAS
2
$5,909,920.15
0.68%
INDIANA
1
$5,882,856.72
0.68%
OKLAHOMA
1
$5,685,285.81
0.65%
COLORADO
1
$5,546,373.37
0.64%
UTAH
1
$4,200,000.00
0.48%
NEVADA
1
$2,551,388.09
0.29%
Total
49
$868,685,758.93
100.00%
Geographic Distribution by State
Count
Balance ($)
%
Industrial
1
$10,041,665.26
1.16%
Lodging
5
$44,261,125.99
5.10%
Mixed Use
1
$8,000,000.00
0.92%
Mobile Home Park
2
$11,546,373.37
1.33%
Multifamily
5
$26,227,179.10
3.02%
Office
11
$466,824,678.30
53.74%
Retail
15
$158,912,442.79
18.29%
Self Storage
1
$1,911,479.30
0.22%
Various
8
$140,960,814.82
16.23%
Total
49
$868,685,758.93
100.00%
Property Type
Page 21 of 29
June 2022
MORTGAGE LOAN CHARACTERISTICS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Count
Balance ($)
%
90 - 92
4
$105,578,944.25
12.15%
93 - 95
45
$763,106,814.68
87.85%
Total
49
$868,685,758.93
100.00%
Seasoning
Months
Total Weighted Average Seasoning: 94
Count
Balance ($)
%
0 - 2
1
$25,042,150.14
2.88%
24 - 26
22
$527,900,351.84
60.77%
27 - 29
25
$287,088,766.73
33.05%
48 - 50
1
$28,654,490.22
3.30%
Total
49
$868,685,758.93
100.00%
Remaining Term to Maturity
Months
Total Weighted Average Remaining Months: 26
Page 22 of 29
June 2022
MORTGAGE LOAN CHARACTERISTICS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Count
Balance ($)
%
-1.00 - -0.51
1
$17,679,392.86
2.04%
-0.50 - -0.01
1
$17,249,921.01
1.99%
0.000 - 0.490
1
$53,787,238.60
6.19%
0.500 - 0.990
1
$25,042,150.14
2.88%
1.000 - 1.490
7
$139,852,866.90
16.10%
1.500 - 1.990
21
$169,078,250.94
19.46%
2.000 - 2.490
12
$91,717,649.46
10.56%
2.500 - 2.990
2
$95,445,734.59
10.99%
3.000 - 3.490
2
$14,432,554.43
1.66%
Not Avail.
1
$244,400,000.00
28.13%
Total
49
$868,685,758.93
100.00%
DSCR
Total Weighted Average DSCR: 1.19
Count
Balance ($)
%
Amortizing Balloon
19
$124,485,693.02
14.33%
IO Maturity Balloon
7
$356,800,000.00
41.07%
IO/Amortizing/Balloon
23
$387,400,065.91
44.60%
Total
49
$868,685,758.93
100.00%
Amortization Type
Page 23 of 29
June 2022
DEFEASED LOAN DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Current Ending
Scheduled Balance
Maturity Date
Current
Note Rate
Defeasance
Status *
Loan ID
28,500,000.00
09/01/2024
4.50
F
10
10,041,665.26
10/01/2044
4.65
F
23
8,156,597.11
08/01/2024
4.54
F
28
3,547,644.95
07/01/2024
4.45
F
58
3,669,499.91
09/01/2024
4.75
F
59
3,114,987.45
09/01/2024
4.70
F
60
2,640,993.91
09/01/2024
4.85
F
61
1,911,479.30
09/01/2024
4.70
F
65
61,582,867.89
Count:
Totals:
8
* Defeasance Status: P = Portion of Loan Previously Defeased. F = Full Defeasance.
Page 24 of 29
June 2022
DELINQUENT LOAN DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Paid Thru
Date
Current
P&I
Advances**
Outstanding
P&I
Advances***
Outstanding
Servicing
Advances
Loan
Status
Code*
Special
Servicer
Transfer Date
Foreclosure
Date
Bankruptcy
Date
Reo
Date
Resolution
Strategy Code
4
06/01/2022
298,720.29
0.00
0.00
8
11
09/01/2020
158,384.94
3,148,092.50
250,135.41
6
12/16/2019
2
13
06/01/2022
132,360.12
0.00
0.00
8
14
03/01/2016
0.00
2,083,041.48
0.00
6
10/14/2015
01/25/2017
06/02/2017
7
21
06/01/2022
65,853.79
0.00
0.00
8
35
02/01/2022
42,310.29
169,268.38
0.00
3
03/26/2020
09/01/2021
7
48
06/01/2022
27,012.27
0.00
0.00
7
Totals:
5,400,402.36
250,135.41
Count:
724,641.70
* Loan Status: A = Payment not received but still in grace period;
B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = 30-59 Days Delinquent;
2 = 60-89 Days Delinquent;3 = 90-120 Days Delinquent; 4 = Performing Matured Balloon;
5 = Non-Performing Matured Balloon; 6 = 121+ Days Delinquent.
** Current advances are not provided but are derived from information received from the Servicer
***Outstanding P&I Advances include the current period P&I Advances and may include Servicer Advances.
**** Resolution Strategy Code
1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale
6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer
10 - Deed in lieu of Foreclosure 11- Full Payoff 12 - Reps and Warranties
13 - Other or TBD
Page 25 of 29
June 2022
SPECIALLY SERVICED (PART I) - LOAN DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Servicing
Xfer Date
Loan
Status
Schedule
Balance
Actual
Balance
Note
Rate
Maturity
Date
Remaining
Life
Property
Type
Geo.
Location
NOI
DSCR
NOI
Date
11
16-Dec-19
6
25,042,150.14
25,965,757.37
5.320
1-Oct-19
1
Various
XX
14
14-Oct-15
6
17,249,921.01
18,679,562.21
5.510
1-Sep-24
27
Lodging
ND
-483,489.82
-0.25
31-Dec-21
35
26-Mar-20
3
5,849,725.61
5,918,059.42
5.150
1-Sep-24
27
Lodging
LA
Count:
50,563,379.00
48,141,796.76
3
Totals:
(1) Legend: A (Payment not received but still in grace period), B (Late Payment but less than 30 days delinq), 0 (Current), 1 (30-59 Days Delinq), 2 (60-89 Days Delinq), 3 (90-120 Days Delinq), 4 (Performing Matured Balloon),
5 (Non-Performing Matured Balloon), 6 (121+ Days Delinq).
Page 26 of 29
June 2022
SPECIALLY SERVICED (PART II) - SERVICER COMMENTS
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
Resolution
Strategy
Comments
11
Foreclosure
The Loan transferred to SS on 12/13/2019 due to maturity default. Counsel has been engaged and the Pre-Negotiation Letter has been executed by the Sponsor.
Third party reports have been ordered. To date, the Sponsor has been unable to secure a new loan to refi the existing debt. A court-appointed receiver is in place
and Special Servicer is pursuing legal remedies. Natchez transferred to REO on 6/25/2021. SJ was granted for the remainder of the portfolio with transfer
expected to occur in Q2 2022. 7 of 15 stabilized assets began receiver sale marketing in December 2021. Receiver sales have been approved by court. 4 of 7
marketed properties have above strike price offers .
14
REO
The Property is currently under contract for sale with closing projected on 6/30/2022.
35
REO
Foreclosure occurred on 09/15/2021. Asset is performing well, and currently has 8 rooms offline. REO plan is to bring all rooms back online, and sell the asset
within the next 6-9 months.
Page 27 of 29
are posted on the Certificate Administrator's Website.
Notice to Investors
Certificateholder may access notices on the Certificate Administrator's Website and each Certificateholder may register to receive email notifications when notices
June 2022
OTHER RELATED INFORMATION
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Page 28 of 29
June 2022
ADDITIONAL RECONCILIATION DETAIL
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18
Commercial Mortgage Pass-Through Certificates, Series 2014-C18
Loan ID
REO Property with Final Recovery Determination
Liq Proceeds and
other Amts Rec'd
Liq Proceeds and
other Amt Allocated
to Certs
Loss on Mortgage Loans
Page 29 of 29


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