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:   October 19, 2021 to November 18, 2021

Commission File Number of issuing entity:  333-172366-13

Central Index Key Number of issuing entity:  0001603578

WFRBS Commercial Mortgage Trust 2014-C20
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-172366

Central Index Key Number of depositor:  0000850779

Wells Fargo Commercial Mortgage Securities, Inc.
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001577313

National Cooperative Bank, N.A. (formerly known as NCB, FSB)
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0000740906

Wells Fargo Bank, National Association
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541214

C-III Commercial Mortgage LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001542105

Basis Real Estate Capital II, LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001555501

Liberty Island Group I LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0000729153

NatWest Markets Plc (formerly known as The Royal Bank of Scotland plc)
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541615

RBS Financial Products Inc.
(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)

Anthony J. Sfarra (212) 214-5600
(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)

38-3926125
38-3926126
38-3926127
38-7111592
(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)

(410) 884-2000
(Telephone number, including area code)

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

 

Registered/reporting pursuant to (check one)

Title of Class

Section 12(b)

Section 12(g)

Section 15(d)

Name of Exchange (If Section 12(b))

A-1

     

     

  X  

     

A-2

     

     

  X  

     

A-3

     

     

  X  

     

A-4

     

     

  X  

     

A-5

     

     

  X  

     

A-SB

     

     

  X  

     

A-S

     

     

  X  

     

X-A

     

     

  X  

     

X-B

     

     

  X  

     

B

     

     

  X  

     

C

     

     

  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 November 18, 2021 a distribution was made to holders of the certificates issued by WFRBS Commercial Mortgage Trust 2014-C20.

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 WFRBS Commercial Mortgage Trust 2014-C20 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:

Loss Information as reported on November 18, 2021

Number of Delinquencies 30+ days

% of Delinquencies 30+ days by Pool Balance

Number of Loans/REOs with Losses

Average Net Loss

4

26.33%

4

$431,827.61

No assets securitized by Wells Fargo Commercial Mortgage Securities, Inc. (the "Depositor") and held by WFRBS Commercial Mortgage Trust 2014-C20 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period from October 19, 2021 to November 18, 2021.

The Depositor filed its most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Securities Exchange Act of 1934 (a "Rule 15Ga-1 Form ABS-15G") on November 9, 2021. The CIK number for the Depositor is 0000850779.

National Cooperative Bank, N.A. (formerly known as NCB, FSB) ("NCB "), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 16, 2021. The Central Index Key number for NCB  is 0001577313.

Wells Fargo Bank, National Association ("Wells Fargo"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on November 9, 2021. The Central Index Key number for Wells Fargo is 0000740906.

C-III Commercial Mortgage LLC ("C-III"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 12, 2021. The Central Index Key number for C-III is 0001541214.

Basis Real Estate Capital II, LLC ("Basis"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 12, 2021. The Central Index Key number for Basis is 0001542105.

Liberty Island Group I LLC ("LIG I"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 16, 2021. The Central Index Key number for LIG I is 0001555501.

NatWest Markets Plc (formerly known as The Royal Bank of Scotland plc) ("NatWest plc"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on May 16, 2017. The Central Index Key number for NatWest plc is 0000729153.

RBS Financial Products Inc. ("RBSFP"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on November 15, 2021. The Central Index Key number for RBSFP is 0001541615.

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 9, 2021. The CIK number of LMF is 0001592182.

Part II - OTHER INFORMATION

Item 2.  Legal Proceedings.

 

Wells Fargo Bank:  In December 2014, Phoenix Light SF Limited and certain related entities and the National Credit Union Administration (NCUA) filed complaints in the United States District Court for the Southern District of New York against Wells Fargo Bank, alleging claims against Wells Fargo Bank in its capacity as trustee for a number of residential mortgage-backed securities trusts. Complaints raising similar allegations have been filed by Commerzbank AG in the Southern District of New York and by IKB International and IKB Deutsche Industriebank in New York state court. In each case, the plaintiffs allege that Wells Fargo Bank, as trustee, caused losses to investors, and plaintiffs assert causes of action based upon, among other things, the trustee’s alleged failure to notify and enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, notify investors of alleged events of default, and abide by appropriate standards of care following alleged events of default. Wells Fargo Bank previously settled two class action lawsuits with similar allegations that were filed in November 2014 and December 2016 by institutional investors in the Southern District of New York and New York state court, respectively. In addition, Park Royal I LLC and Park Royal II LLC have filed complaints in New York state court alleging Wells Fargo Bank, N.A., as trustee, failed to take appropriate actions upon learning of defective mortgage loan documentation. In March 2021, the Company entered into an agreement to resolve the case filed by the NCUA.

 

In addition to the foregoing cases, in August 2014 and August 2015 Nomura Credit & Capital Inc. (“Nomura”) and Natixis Real Estate Holdings, LLC (“Natixis”) filed a total of seven third-party complaints against Wells Fargo Bank in New York state court. In the underlying first-party actions, Nomura and Natixis have been sued for alleged breaches of representations and warranties made in connection with residential mortgage-backed securities sponsored by them. In the third-party actions, Nomura and Natixis allege that Wells Fargo Bank, as master servicer, primary servicer or securities administrator, failed to notify Nomura and Natixis of their own breaches, failed to properly oversee the primary servicers, and failed to adhere to accepted servicing practices. Natixis additionally alleges that Wells Fargo Bank failed to perform default oversight duties. Wells Fargo Bank has asserted counterclaims alleging that Nomura and Natixis failed to provide Wells Fargo Bank notice of their representation and warranty breaches.

 

With respect to each of the foregoing litigations, Wells Fargo Bank believes plaintiffs' claims are without merit and intends to contest the claims vigorously, but there can be no assurances as to the outcome of the litigations or the possible impact of the litigations on Wells Fargo Bank or the related RMBS trusts.

Item 6. Significant Obligors of Pool Assets.

The Woodbridge Center Mortgage Loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB as disclosed in the Prospectus Supplement filed with the SEC on May 13, 2014. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $4,029,539.00 for the period of January 1, 2021 to June 30, 2021.

Item 7. Change in Sponsor Interest in the Securities.

None

Item 9. Other Information.

Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for WFRBS Commercial Mortgage Trust 2014-C20, affirms the following amounts in the respective accounts:

Distribution Account Balance

  Prior Distribution Date

10/18/2021

$2,576.06

  Current Distribution Date

11/18/2021

$2,663.51

 

Interest Reserve Account Balance

  Prior Distribution Date

10/18/2021

$0.00

  Current Distribution Date

11/18/2021

$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 the certificates issued by WFRBS Commercial Mortgage Trust 2014-C20, relating to the November 18, 2021 distribution.

(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.

Wells Fargo Commercial Mortgage Securities, Inc.
(Depositor)

 

/s/ Anthony Sfarra
Anthony Sfarra, President

Date: December 1, 2021

 

 


wcm14c20_ex991-202111.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

11/18/21

WFRBS Commercial Mortgage Trust 2014-C20

Determination Date:

11/12/21

 

Next Distribution Date:

12/17/21

 

Record Date:

10/29/21

Commercial Mortgage Pass-Through Certificates

 

 

Series 2014-C20

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

 

Certificate Factor Detail

3

 

Anthony Sfarra

(212) 214-5613

Anthony.Sfarra@wellsfargo.com

Certificate Interest Reconciliation Detail

4

 

375 Park Avenue,2nd Floor, J0127-023 | New York, NY 10152

 

 

 

 

General Master Servicer

Wells Fargo Bank, National Association

 

 

Additional Information

5

 

 

 

 

 

 

 

Investor Relations

 

REAM_InvestorRelations@wellsfargo.com

Bond / Collateral Reconciliation - Cash Flows

6

 

 

 

 

 

 

 

Three Wells Fargo, MAC D1050-084,401 S. Tryon Street, 8th Floor | Charlotte, NC 28202

 

Bond / Collateral Reconciliation - Balances

7

Master Servicer

National Cooperative Bank, N.A.

 

 

Current Mortgage Loan and Property Stratification

8-12

 

Kathleen Luzik

(703) 302-1902

 

Mortgage Loan Detail (Part 1)

13-15

 

2011 Crystal Drive,Suite 800 | Arlington, VA 22202

 

 

Mortgage Loan Detail (Part 2)

16-18

General Special Servicer

Rialto Capital Advisors, LLC

 

 

Principal Prepayment Detail

19

 

General

(305) 229-6465

 

Historical Detail

20

 

200 S. Biscayne Blvd.,Suite 3550 | Miami, FL 33131

 

 

Delinquency Loan Detail

21

General Special Servicer

Pentalpha Surveillance LLC

 

 

 

 

 

Don Simon

(203) 660-6100

 

Collateral Stratification and Historical Detail

22

 

 

 

 

 

 

 

PO Box 4839, | Greenwich, CT 06831

 

 

Specially Serviced Loan Detail - Part 1

23

 

 

 

 

 

 

Certificate Administrator

Computershare Trust Company, N.A. as agent for Wells Fargo

 

 

Specially Serviced Loan Detail - Part 2

24

 

Bank, N.A.

 

 

Modified Loan Detail

25

 

Corporate Trust Services (CMBS)

 

cts.cmbs.bond.admin@wellsfargo.com;

 

 

 

 

 

trustadministrationgroup@wellsfargo.com

Historical Liquidated Loan Detail

26

 

9062 Old Annapolis Road, | Columbia, MD 21045

 

 

Historical Bond / Collateral Loss Reconciliation Detail

27

Trustee

Wilmington Trust, National Association

 

 

Interest Shortfall Detail - Collateral Level

28

 

General Contact

(302) 636-4140

 

Supplemental Notes

29

 

1100 North Market St., | Wilmington, DE 19890

 

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

© Copyright 2021 Computershare. All rights reserved. Confidential.

Page 1 of 29

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through Rate

 

Beginning

Principal

Interest

Prepayment

 

Total

 

Credit

Credit

Class

CUSIP

(2)

Original Balance

Balance

Distribution

Distribution

Penalties

Realized Losses

Distribution

Ending Balance

Support¹

Support¹

Regular Certificates

 

 

 

 

 

 

 

 

 

 

 

A-1

92890FAQ9

1.283000%

70,328,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

92890FAR7

3.036000%

95,556,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-3

92890FAS5

3.635000%

45,543,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-4

92890FAT3

3.723000%

250,000,000.00

163,689,645.41

40,875,825.69

507,847.13

102,775.81

0.00

41,486,448.63

122,813,819.72

43.56%

30.00%

A-5

92890FAU0

3.995000%

312,986,000.00

312,986,000.00

0.00

1,041,982.56

0.00

0.00

1,041,982.56

312,986,000.00

43.56%

30.00%

A-SB

92890FAV8

3.638000%

101,757,000.00

50,848,872.82

2,423,820.24

154,156.84

5,944.94

0.00

2,583,922.02

48,425,052.58

43.56%

30.00%

A-S

92890FBB1

4.176000%

52,584,000.00

52,584,000.00

0.00

182,992.32

0.00

0.00

182,992.32

52,584,000.00

36.27%

25.00%

A-SFL

92890FBD7

1.035880%

10,000,000.00

10,000,000.00

0.00

8,920.08

0.00

0.00

8,920.08

10,000,000.00

36.27%

25.00%

A-SFX

92890FBG0

4.176000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

25.00%

B

92890FAY2

4.378000%

95,440,000.00

95,440,000.00

0.00

348,196.93

0.00

0.00

348,196.93

95,440,000.00

25.15%

17.38%

C

92890FAZ9

4.513000%

45,373,000.00

45,373,000.00

0.00

175,028.25

0.00

0.00

175,028.25

45,373,000.00

19.86%

13.75%

D

92890FAC0

3.986000%

82,923,000.00

82,923,000.00

0.00

185,693.85

0.00

0.00

185,693.85

82,923,000.00

10.19%

7.13%

E

92890FAE6

3.250000%

32,857,000.00

32,857,000.00

0.00

0.00

0.00

0.00

0.00

32,857,000.00

6.36%

4.50%

F

92890FAG1

3.250000%

18,775,000.00

18,775,000.00

0.00

0.00

0.00

0.00

0.00

18,775,000.00

4.18%

3.00%

G

92890FAJ5

3.250000%

37,550,501.00

35,823,190.98

0.00

0.00

0.00

0.00

0.00

35,823,190.98

0.00%

0.00%

V

92890FAL0

0.000000%

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

92890FAN6

0.000000%

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

1,251,672,503.01

901,299,709.21

43,299,645.93

2,604,817.96

108,720.75

0.00

46,013,184.64

858,000,063.28

 

 

 

Notional Certificates

 

 

 

 

 

 

 

 

 

 

 

X-A

92890FAW6

1.081534%

938,754,000.00

590,108,518.23

0.00

531,851.93

16,379.43

0.00

548,231.36

546,808,872.30

 

 

X-B

92890FAX4

0.729427%

223,736,000.00

223,736,000.00

0.00

135,999.16

0.00

0.00

135,999.16

223,736,000.00

 

 

X-C

92890FAA4

1.739518%

89,182,501.00

87,455,190.98

0.00

126,774.88

0.00

0.00

126,774.88

87,455,190.98

 

 

Notional SubTotal

 

1,251,672,501.00

901,299,709.21

0.00

794,625.97

16,379.43

0.00

811,005.40

858,000,063.28

 

 

 

Deal Distribution Total

 

 

 

43,299,645.93

3,399,443.93

125,100.18

0.00

46,824,190.04

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing

 

the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in the

 

underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 2 of 29

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

    Realized Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

92890FAQ9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

92890FAR7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

92890FAS5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-4

92890FAT3

654.75858164

163.50330276

2.03138852

0.00000000

0.00000000

0.41110324

0.00000000

165.94579452

491.25527888

A-5

92890FAU0

1,000.00000000

0.00000000

3.32916667

0.00000000

0.00000000

0.00000000

0.00000000

3.32916667

1,000.00000000

A-SB

92890FAV8

499.70884381

23.81969044

1.51495072

0.00000000

0.00000000

0.05842291

0.00000000

25.39306406

475.88915338

A-S

92890FBB1

1,000.00000000

0.00000000

3.48000000

0.00000000

0.00000000

0.00000000

0.00000000

3.48000000

1,000.00000000

A-SFL

92890FBD7

1,000.00000000

0.00000000

0.89200800

0.00000000

0.00000000

0.00000000

0.00000000

0.89200800

1,000.00000000

A-SFX

92890FBG0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B

92890FAY2

1,000.00000000

0.00000000

3.64833330

0.00000000

0.00000000

0.00000000

0.00000000

3.64833330

1,000.00000000

C

92890FAZ9

1,000.00000000

0.00000000

3.85754193

(0.09670862)

0.00000000

0.00000000

0.00000000

3.85754193

1,000.00000000

D

92890FAC0

1,000.00000000

0.00000000

2.23935277

1.08231383

13.62654125

0.00000000

0.00000000

2.23935277

1,000.00000000

E

92890FAE6

1,000.00000000

0.00000000

0.00000000

2.70833338

21.66666707

0.00000000

0.00000000

0.00000000

1,000.00000000

F

92890FAG1

1,000.00000000

0.00000000

0.00000000

2.70833342

21.66666738

0.00000000

0.00000000

0.00000000

1,000.00000000

G

92890FAJ5

954.00034689

0.00000000

0.00000000

2.58375088

20.94832130

0.00000000

0.00000000

0.00000000

954.00034689

V

92890FAL0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

92890FAN6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

92890FAW6

628.60825970

0.00000000

0.56655091

0.00000000

0.00000000

0.01744805

0.00000000

0.58399896

582.48366697

X-B

92890FAX4

1,000.00000000

0.00000000

0.60785551

0.00000000

0.00000000

0.00000000

0.00000000

0.60785551

1,000.00000000

X-C

92890FAA4

980.63173828

0.00000000

1.42152192

0.00000000

0.00000000

0.00000000

0.00000000

1.42152192

980.63173828

 

 

 

 

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Page 3 of 29

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-3

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-4

10/01/21 - 10/30/21

30

0.00

507,847.12

0.00

507,847.12

0.00

0.00

0.00

507,847.13

0.00

 

A-5

10/01/21 - 10/30/21

30

0.00

1,041,982.56

0.00

1,041,982.56

0.00

0.00

0.00

1,041,982.56

0.00

 

A-SB

10/01/21 - 10/30/21

30

0.00

154,156.83

0.00

154,156.83

0.00

0.00

0.00

154,156.84

0.00

 

X-A

10/01/21 - 10/30/21

30

0.00

531,851.92

0.00

531,851.92

0.00

0.00

0.00

531,851.93

0.00

 

X-B

10/01/21 - 10/30/21

30

0.00

135,999.16

0.00

135,999.16

0.00

0.00

0.00

135,999.16

0.00

 

X-C

10/01/21 - 10/30/21

30

0.00

126,774.88

0.00

126,774.88

0.00

0.00

0.00

126,774.88

0.00

 

A-S

10/01/21 - 10/30/21

30

0.00

182,992.32

0.00

182,992.32

0.00

0.00

0.00

182,992.32

0.00

 

A-SFL

10/18/21 - 11/17/21

31

0.00

8,920.08

0.00

8,920.08

0.00

0.00

0.00

8,920.08

0.00

 

A-SFX

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

B

10/01/21 - 10/30/21

30

0.00

348,196.93

0.00

348,196.93

0.00

0.00

0.00

348,196.93

0.00

 

C

10/01/21 - 10/30/21

30

4,387.96

170,640.29

0.00

170,640.29

(4,387.96)

0.00

0.00

175,028.25

0.00

 

D

10/01/21 - 10/30/21

30

1,040,204.97

275,442.57

0.00

275,442.57

89,748.71

0.00

0.00

185,693.85

1,129,953.68

 

E

10/01/21 - 10/30/21

30

622,913.97

88,987.71

0.00

88,987.71

88,987.71

0.00

0.00

0.00

711,901.68

 

F

10/01/21 - 10/30/21

30

355,942.72

50,848.96

0.00

50,848.96

50,848.96

0.00

0.00

0.00

406,791.68

 

G

10/01/21 - 10/30/21

30

689,598.82

97,021.14

0.00

97,021.14

97,021.14

0.00

0.00

0.00

786,619.96

 

Totals

 

 

2,713,048.44

3,721,662.47

0.00

3,721,662.47

322,218.56

0.00

0.00

3,399,443.93

3,035,267.00

 

 

 

 

 

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Page 4 of 29

 


 

 

       

 

Additional Information

 

 

 

Excess Liquidation Proceeds Reserve Account Summary

 

Total Available Distribution Amount (1)

46,824,190.04

Beginning Reserve Account Balance

0.00

Benchmark: LIBOR 1-Month

 

Deposit Amount

0.00

Current Period %

0.085880

Withdrawal Amount

0.00

Next Period %

0.088880

Ending Reserve Account Balance

0.00

(1) The Available Distribution Amount includes any Prepayment Premiums.

 

 

 

 

 

 

 

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Page 5 of 29

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,778,400.56

Master Servicing Fee

25,852.21

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

2,661.64

Interest Adjustments

0.00

Trustee Fee

210.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

388.06

ARD Interest

0.00

Trust Advisor Fee

1,746.27

Net Prepayment Interest Excess / (Shortfall)

0.00

 

 

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,778,400.56

Total Fees

30,858.18

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

41,584,677.60

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

384,986.22

Principal Prepayments

1,714,968.31

Special Servicing Fees (Monthly)

(62,767.66)

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

43,299,645.91

Total Expenses/Reimbursements

322,218.56

 

 

 

Interest Reserve Deposit

0.00

 

 

Gain on Sale / Excess Liquidation Proceeds Reserve Account Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

125,100.19

Interest Distribution

3,399,443.92

Borrower Option Extension Fees

0.00

Principal Distribution

43,299,645.93

Gain on Sale / Excess Liquidation Proceeds

0.00

Prepayment Penalties / Yield Maintenance

125,100.19

Net SWAP Counterparty Payments Received

0.00

Borrower Option Extension Fees

0.00

 

 

Net SWAP Counterparty Payments Paid

25,879.92

Total Other Collected

125,100.19

Total Payments to Certificateholders and Others

46,850,069.96

Total Funds Collected

47,203,146.66

Total Funds Distributed

47,203,146.70

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Page 6 of 29

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

901,299,709.21

901,299,709.21

Beginning Certificate Balance

901,299,709.21

(-) Scheduled Principal Collections

41,584,677.60

41,584,677.60

(-) Principal Distributions

43,299,645.93

(-) Unscheduled Principal Collections

1,714,968.31

1,714,968.31

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

0.00

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

0.00

0.00

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.02

0.02

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

858,000,063.28

858,000,063.28

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

905,009,538.01

905,009,538.01

Ending Certificate Balance

858,000,063.28

Ending Actual Collateral Balance

859,990,929.08

859,990,929.08

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.99%

 

 

 

 

UC / (OC) Interest

0.00

(1)

Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.

 

 

 

(2)

Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.

 

 

 

**

A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

 

 

 

 

 

 

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Page 7 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

 

1,000,000 or less

2

1,552,356.88

0.18%

28

4.9984

1.064331

1.20 or Less

19

397,377,792.72

46.31%

29

4.8020

0.691309

1,000,001 to 2,000,000

5

7,495,287.21

0.87%

29

4.7352

2.218115

1.21 to 1.30

5

17,238,747.93

2.01%

29

4.9386

1.275296

2,000,001 to 3,000,000

10

25,744,525.30

3.00%

29

4.8355

1.649183

1.31 to 1.40

4

37,428,290.75

4.36%

28

4.9966

1.365030

3,000,001 to 4,000,000

11

38,226,183.89

4.46%

29

5.0617

1.802891

1.41 to 1.50

1

9,092,544.23

1.06%

28

4.9000

1.482800

4,000,001 to 5,000,000

7

31,648,072.75

3.69%

29

4.9720

2.106928

1.51 to 1.60

5

38,695,147.66

4.51%

30

5.1568

1.542206

5,000,001 to 6,000,000

2

10,911,887.01

1.27%

28

5.0416

1.267739

1.61 to 1.70

4

38,638,786.56

4.50%

29

4.9302

1.660077

6,000,001 to 7,000,000

2

13,012,886.21

1.52%

28

4.9544

2.211464

1.71 to 1.80

6

76,136,095.09

8.87%

28

4.6732

1.747786

7,000,001 to 8,000,000

4

31,002,710.04

3.61%

29

5.2495

1.067998

1.81 to 1.90

1

10,681,900.32

1.24%

26

5.1600

1.812300

8,000,001 to 9,000,000

3

26,147,478.10

3.05%

28

5.2268

1.308582

1.91 to 2.25

14

138,305,506.58

16.12%

29

4.8582

2.056677

9,000,001 to 10,000,000

2

18,830,173.18

2.19%

28

4.9569

0.876777

2.26 to 2.50

3

14,613,937.35

1.70%

28

5.0379

2.420040

10,000,001 to 15,000,000

5

54,615,876.31

6.37%

28

5.0504

1.669243

2.51 to 2.75

3

8,080,611.51

0.94%

29

5.2986

2.720598

15,000,001 to 20,000,000

6

111,569,067.22

13.00%

29

4.8051

1.140990

2.76 or Greater

3

8,878,679.49

1.03%

29

4.8592

3.727149

20,000,001 to 30,000,000

3

67,541,022.28

7.87%

29

4.9694

1.734084

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

30,000,001 to 50,000,000

3

119,563,892.00

13.94%

28

4.5935

1.457486

 

 

 

 

 

 

 

50,000,001 to 70,000,000

2

116,795,095.41

13.61%

30

4.7245

0.638471

 

 

 

 

 

 

 

70,000,001 to 90,000,000

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

90,000,001 to greater

1

120,511,526.40

14.05%

29

4.7960

0.873000

 

 

 

 

 

 

 

 

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is

 

used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 29

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

State³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

State

 

 

 

WAM²

WAC

 

State

 

 

 

WAM²

WAC

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Defeased

12

62,832,023.09

7.32%

28

5.1186

NAP

Totals

106

858,000,063.28

100.00%

29

4.8706

1.284574

Arizona

1

8,427,699.84

0.98%

29

5.4300

0.615400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Arkansas

1

2,613,796.82

0.30%

30

4.7900

1.972100

 

 

 

 

 

 

 

California

26

74,739,089.30

8.71%

29

4.9574

1.984113

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Colorado

2

9,322,948.37

1.09%

28

4.8000

1.653626

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Connecticut

3

31,518,443.45

3.67%

29

5.3432

1.855228

Defeased

12

62,832,023.09

7.32%

28

5.1186

NAP

Florida

1

3,766,698.24

0.44%

29

5.1000

1.524900

Industrial

4

28,743,588.79

3.35%

29

4.8956

1.802099

Georgia

3

15,625,557.90

1.82%

27

5.2879

2.094711

Lodging

13

96,744,741.72

11.28%

29

5.2959

0.955451

Indiana

2

5,459,717.34

0.64%

30

5.0018

2.499801

Mixed Use

2

10,692,967.45

1.25%

28

4.6466

1.670188

Kansas

2

7,653,702.14

0.89%

29

5.0900

1.962100

Mobile Home Park

3

8,854,706.63

1.03%

29

5.1836

2.069414

Kentucky

1

3,596,947.43

0.42%

30

5.2200

0.651000

Multi-Family

34

107,927,817.00

12.58%

29

4.6328

1.715966

Louisiana

1

2,873,577.45

0.33%

30

5.0700

1.533300

Office

7

152,181,317.97

17.74%

29

4.6888

1.419183

Maryland

2

66,561,436.78

7.76%

29

4.5169

1.805283

Retail

24

359,612,111.08

41.91%

29

4.8476

1.022546

Michigan

2

7,129,012.59

0.83%

29

4.9410

2.190625

Self Storage

7

30,410,789.56

3.54%

28

4.9961

2.074857

New Jersey

3

170,201,146.57

19.84%

29

4.8150

0.807303

Totals

106

858,000,063.28

100.00%

29

4.8706

1.284574

New York

14

77,985,948.91

9.09%

29

4.3898

1.485652

 

 

 

 

 

 

 

North Carolina

5

10,031,452.42

1.17%

29

5.1900

1.666700

 

 

 

 

 

 

 

Ohio

3

13,287,926.89

1.55%

30

5.2673

0.653981

 

 

 

 

 

 

 

Pennsylvania

2

16,817,332.01

1.96%

29

5.2093

1.417174

 

 

 

 

 

 

 

Texas

9

96,822,061.86

11.28%

29

4.8816

0.795205

 

 

 

 

 

 

 

Utah

1

4,820,145.11

0.56%

29

5.1200

3.951800

 

 

 

 

 

 

 

Virginia

1

56,563,575.96

6.59%

30

4.7400

0.311000

 

 

 

 

 

 

 

Washington

3

51,292,975.36

5.98%

29

5.0523

1.599222

 

 

 

 

 

 

 

Washington, DC

1

18,153,753.59

2.12%

29

4.7300

1.361400

 

 

 

 

 

 

 

Wisconsin

5

39,903,093.87

4.65%

28

4.9154

1.186271

 

 

 

 

 

 

 

 

Note: Please refer to footnotes on the next page of the report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

 

4.250% or less

5

28,264,882.52

3.29%

29

4.1661

1.158584

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.251% to 4.500%

7

62,038,023.93

7.23%

28

4.4042

1.530797

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.501% to 4.750%

5

183,941,212.44

21.44%

30

4.6810

1.116735

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.751% to 5.000%

16

286,417,192.22

33.38%

29

4.8141

1.242820

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.001% to 5.250%

24

158,453,073.34

18.47%

29

5.1393

1.550009

49 months or greater

68

795,168,040.19

92.68%

29

4.8510

1.273201

 

5.251% to 5.500%

8

52,986,290.37

6.18%

28

5.3626

0.654550

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

 

5.501% to 5.750%

2

21,866,360.88

2.55%

29

5.5384

1.816598

 

 

 

 

 

 

 

 

5.751% or greater

1

1,201,004.49

0.14%

29

5.7800

2.753300

 

 

 

 

 

 

 

 

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 10 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

 

60 months or less

68

795,168,040.19

92.68%

29

4.8510

1.273201

Interest Only

2

33,200,000.00

3.87%

29

4.6905

1.359249

61 months to 84 months

0

0.00

0.00%

0

0.0000

0.000000

240 months or less

19

109,896,721.69

12.81%

29

5.2871

1.155351

85 months to 120 months

0

0.00

0.00%

0

0.0000

0.000000

241 months to 300 months

44

626,743,104.09

73.05%

29

4.8094

1.299562

 

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

301 months to 360 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

361 months or greater

3

25,328,214.41

2.95%

29

4.2000

1.019443

 

 

 

 

 

 

 

 

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 11 of 29

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

11

62,832,023.09

7.32%

28

5.1186

NAP

 

 

 

None

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

63

706,956,367.03

82.40%

29

4.8679

1.281822

 

 

 

 

 

 

13 months to 24 months

4

85,338,095.71

9.95%

30

4.7039

1.193017

 

 

 

 

 

 

25 months or greater

1

2,873,577.45

0.33%

30

5.0700

1.533300

 

 

 

 

 

 

Totals

79

858,000,063.28

100.00%

29

4.8706

1.284574

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 12 of 29

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

  Original  Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

Interest

 

Scheduled

Scheduled

Principal

Anticipated Maturity Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State     Accrual Type Gross Rate

Interest

Principal

Adjustments Repay Date    Date

    Date

Balance

Balance

Date

 

1

440000357

RT

Woodbridge

NJ

Actual/360

4.796%

498,456.20

183,294.48

0.00

N/A

04/01/24

--

120,694,820.90

120,511,526.40

05/01/21

 

3

310922835

RT

Herndon

VA

Actual/360

4.740%

231,311.90

107,367.19

0.00

N/A

05/01/24

--

56,670,943.15

56,563,575.96

11/01/21

 

4

780922562

OF

Sugar Land

TX

Actual/360

4.710%

244,615.73

80,557.71

0.00

N/A

05/01/24

--

60,312,077.16

60,231,519.45

04/01/21

 

5

440000373

OF

Annapolis

MD

Actual/360

4.550%

182,683.92

64,733.33

0.00

04/06/24

04/06/44

--

46,626,170.11

46,561,436.78

11/06/21

 

6

440000346

RT

East Brunswick

NJ

Actual/360

4.796%

168,800.87

77,678.22

0.00

N/A

03/01/24

--

40,872,981.63

40,795,303.41

08/01/21

 

7

440000364

LO

Grapevine

TX

Actual/360

4.844%

167,363.96

40,123,483.04

0.00

N/A

04/01/21

--

40,123,483.04

0.00

11/01/21

 

9

300571076

Various New York

NY

Actual/360

4.400%

122,230.27

53,036.05

0.00

N/A

03/06/24

--

32,260,187.86

32,207,151.81

11/06/21

 

11

300571099

RT

Lacey

WA

Actual/360

5.244%

111,716.61

31,759.74

0.00

N/A

05/06/24

--

24,739,781.45

24,708,021.71

11/06/21

 

12

300571074

MF

Olympia

WA

Actual/360

4.830%

93,894.57

29,749.31

0.00

N/A

03/06/24

--

22,575,332.45

22,545,583.14

11/06/21

 

13

310922956

MF

Various

CA

Actual/360

4.790%

83,837.49

38,190.13

0.00

N/A

05/01/24

--

20,325,607.56

20,287,417.43

11/01/21

 

14

440000366

IN

Various

WI

Actual/360

4.805%

82,569.79

37,647.80

0.00

04/01/24

04/01/44

--

19,955,775.09

19,918,127.29

11/01/21

 

15

300571098

LO

Various

CT

Actual/360

5.540%

87,618.17

48,007.11

0.00

N/A

04/06/24

--

18,366,450.56

18,318,443.45

11/06/21

 

16

470089600

MF

Rego Park

NY

Actual/360

4.160%

70,822.10

21,185.92

0.00

N/A

04/01/24

--

19,770,436.43

19,749,250.51

11/01/21

 

17

310922499

RT

Washington

DC

Actual/360

4.730%

74,063.54

30,024.96

0.00

N/A

04/01/24

--

18,183,778.55

18,153,753.59

11/01/21

 

18

310920504

OF

Bethesda

MD

Actual/360

4.440%

76,466.67

0.00

0.00

N/A

04/01/24

--

20,000,000.00

20,000,000.00

11/01/21

 

19

300571072

LO

Richardson

TX

Actual/360

5.320%

70,877.80

42,256.82

0.00

N/A

02/06/24

--

15,471,749.20

15,429,492.38

11/06/21

 

23

300571077

RT

Greenwich

CT

Actual/360

5.070%

57,629.00

0.00

0.00

N/A

03/06/24

--

13,200,000.00

13,200,000.00

11/06/21

 

24

301840024

OF

Kennesaw

GA

Actual/360

5.160%

47,549.51

19,414.20

0.00

N/A

01/01/24

--

10,701,314.52

10,681,900.32

11/01/21

 

25

301840025

MF

Mooresville

NC

Actual/360

4.970%

46,812.19

17,386.57

0.00

N/A

03/05/24

--

10,938,136.41

10,920,749.84

11/05/21

 

26

310923298

MF

Various

CA

Actual/360

4.790%

43,205.92

19,681.41

0.00

N/A

05/01/24

--

10,474,867.35

10,455,185.94

11/01/21

 

27

310922383

LO

City of Middleton

WI

Actual/360

5.040%

44,555.43

18,889.56

0.00

N/A

02/01/24

--

10,266,227.19

10,247,337.63

11/01/21

 

28

310922381

LO

City of Middleton

WI

Actual/360

5.010%

42,086.94

17,890.58

0.00

N/A

03/01/24

--

9,755,519.53

9,737,628.95

11/01/21

 

31

310922891

RT

Playa Vista

CA

Actual/360

4.900%

38,457.44

21,794.23

0.00

N/A

03/01/24

--

9,114,338.46

9,092,544.23

11/01/21

 

32

300571086

RT

High Point

NC

Actual/360

5.190%

44,895.41

14,136.18

0.00

N/A

04/06/24

--

10,045,588.60

10,031,452.42

11/06/21

 

33

410918490

SS

Union City

CA

Actual/360

5.200%

20,441.90

12,354.68

0.00

N/A

05/01/24

--

4,565,189.05

4,552,834.37

11/01/21

 

34

410918489

SS

Brentwood

CA

Actual/360

5.200%

17,468.53

10,557.64

0.00

N/A

05/01/24

--

3,901,161.37

3,890,603.73

11/01/21

 

35

301840035

OF

Newtown

PA

Actual/360

5.090%

39,155.24

16,162.98

0.00

N/A

03/05/24

--

8,933,321.05

8,917,158.07

11/05/21

 

36

301840036

OF

Montvale

NJ

Actual/360

5.160%

39,592.24

16,165.30

0.00

N/A

01/01/24

--

8,910,482.06

8,894,316.76

11/01/21

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 13 of 29

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

   Original   Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

Interest

 

Scheduled

Scheduled

Principal

Anticipated Maturity Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State    Accrual Type   Gross Rate

Interest

Principal

Adjustments Repay Date   Date

    Date

Balance

Balance

Date

 

37

300571100

LO

Phoenix

AZ

Actual/360

5.430%

39,511.24

22,395.05

0.00

N/A

04/06/24

--

8,450,094.89

8,427,699.84

11/06/21

 

38

300571081

IN

Ferguson Township

PA

Actual/360

5.100%

38,828.20

15,873.99

0.00

N/A

04/06/24

--

8,841,335.49

8,825,461.50

11/06/21

 

40

300571085

LO

Dickson City

PA

Actual/360

5.330%

36,779.17

21,504.59

0.00

N/A

04/06/24

--

8,013,375.10

7,991,870.51

11/06/21

 

42

301840042

LO

Cleveland

OH

Actual/360

5.160%

35,001.20

21,424.03

0.00

N/A

05/01/24

--

7,877,239.25

7,855,815.22

11/01/21

 

43

300571079

MH

Garden City

KS

Actual/360

5.090%

33,639.59

21,216.05

0.00

N/A

04/06/24

--

7,674,918.19

7,653,702.14

11/06/21

 

44

300571095

LO

Beaumont

TX

Actual/360

5.767%

36,314.84

18,569.84

0.00

N/A

01/06/24

--

7,312,652.78

7,294,082.94

11/06/21

 

45

300571096

RT

El Centro

CA

Actual/360

5.420%

35,069.92

12,766.37

0.00

N/A

04/06/24

--

7,514,088.54

7,501,322.17

11/06/21

 

46

416000136

LO

Hebron

KY

Actual/360

5.220%

16,212.04

9,736.48

0.00

N/A

05/01/24

--

3,606,683.91

3,596,947.43

11/01/21

 

47

416000137

LO

Indianapolis

IN

Actual/360

5.220%

13,651.27

8,198.54

0.00

N/A

05/01/24

--

3,036,989.22

3,028,790.68

11/01/21

 

48

410921181

SS

Redwood City

CA

Actual/360

4.940%

28,883.71

12,702.82

0.00

N/A

02/01/24

--

6,789,955.17

6,777,252.35

11/01/21

 

49

301840049

MF

Dallas

TX

Actual/360

5.000%

28,648.15

12,150.29

0.00

N/A

04/01/24

--

6,653,762.95

6,641,612.66

11/01/21

 

50

300571087

MF

Springfield

MA

Actual/360

5.310%

29,635.81

11,224.74

0.00

N/A

04/06/24

--

6,481,314.00

6,470,089.26

11/06/21

 

52

440000362

RT

Pasadena

CA

Actual/360

4.970%

26,720.79

7,946.54

0.00

N/A

04/01/24

--

6,243,580.40

6,235,633.86

11/01/21

 

53

790922566

OF

San Antonio

TX

Actual/360

4.850%

24,313.28

9,459.00

0.00

N/A

03/01/24

--

5,821,603.66

5,812,144.66

11/01/21

 

54

300571073

MF

Houston

TX

Actual/360

5.070%

25,168.82

8,352.81

0.00

N/A

12/06/23

--

5,764,952.82

5,756,600.01

11/06/21

 

55

301840055

MH

Kenosha

WI

Actual/360

4.810%

22,029.07

9,959.87

0.00

N/A

05/05/24

--

5,318,533.10

5,308,573.23

11/05/21

 

56

301840056

MF

Gates

NY

Actual/360

5.260%

23,139.42

8,924.33

0.00

N/A

04/05/24

--

5,108,666.68

5,099,742.35

11/05/21

 

57

440000356

RT

Killeen

TX

Actual/360

5.352%

17,759.31

10,386.23

0.00

N/A

03/01/24

--

3,853,459.39

3,843,073.16

11/01/21

 

58

440000354

RT

Temple

TX

Actual/360

5.352%

4,392.08

2,568.65

0.00

N/A

03/01/24

--

953,005.52

950,436.87

11/01/21

 

59

416000135

RT

Riverview

FL

Actual/360

4.970%

22,015.39

8,077.78

0.00

N/A

05/01/24

--

5,144,117.02

5,136,039.24

11/01/21

 

61

301840061

LO

Layton

UT

Actual/360

5.120%

21,289.58

8,640.29

0.00

N/A

04/01/24

--

4,828,785.40

4,820,145.11

11/01/21

 

62

310923172

SS

Parker

CO

Actual/360

4.800%

19,721.68

7,823.25

0.00

N/A

03/01/24

--

4,771,373.40

4,763,550.15

11/01/21

 

63

301840063

MF

Southfield

MI

Actual/360

4.780%

18,640.66

8,579.11

0.00

N/A

04/05/24

--

4,528,707.02

4,520,127.91

11/05/21

 

64

310923168

SS

Highlands Ranch

CO

Actual/360

4.800%

18,876.46

7,487.97

0.00

N/A

03/01/24

--

4,566,886.19

4,559,398.22

11/01/21

 

66

300571080

RT

Brownsville

TX

Actual/360

5.000%

18,940.44

6,424.38

0.00

N/A

04/06/24

--

4,399,070.86

4,392,646.48

03/06/21

 

68

301840068

RT

Seattle

WA

Actual/360

5.120%

17,840.84

7,191.41

0.00

N/A

05/01/24

--

4,046,561.92

4,039,370.51

11/01/21

 

69

300571088

LO

Austell

GA

Actual/360

5.495%

17,756.18

9,864.32

0.00

N/A

04/06/24

--

3,752,517.41

3,742,653.09

11/06/21

 

71

410922510

MU

Weston

FL

Actual/360

5.100%

16,571.84

6,775.00

0.00

N/A

04/01/24

--

3,773,473.24

3,766,698.24

11/01/21

 

 

 

 

 

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Page 14 of 29

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

   Original  Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

    Interest

 

Scheduled

Scheduled

Principal

Anticipated Maturity Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State        Accrual Type   Gross Rate

Interest

Principal

Adjustments Repay Date   Date

   Date

Balance

Balance

Date

 

72

301840072

LO

Springfield

OH

Actual/360

5.530%

16,938.97

9,235.95

0.00

N/A

05/01/24

--

3,557,153.38

3,547,917.43

11/01/21

 

74

470089660

MF

New York

NY

Actual/360

4.160%

11,365.35

6,642.01

0.00

N/A

04/01/24

--

3,172,710.49

3,166,068.48

11/01/21

 

75

300571082

SS

Rosenberg

TX

Actual/360

5.015%

14,203.48

5,155.11

0.00

N/A

04/06/24

--

3,289,005.74

3,283,850.63

11/06/21

 

76

310922497

RT

City of Industry

CA

Actual/360

4.880%

13,206.78

5,855.64

0.00

N/A

04/01/24

--

3,142,809.57

3,136,953.93

11/01/21

 

77

470089480

MF

New York

NY

Actual/360

4.270%

11,861.77

3,359.24

0.00

N/A

04/01/24

--

3,225,986.33

3,222,627.09

11/01/21

 

78

410922768

RT

Pasadena

TX

Actual/360

5.070%

12,603.72

7,999.93

0.00

N/A

04/01/24

--

2,886,898.16

2,878,898.23

11/01/21

 

80

301840080

RT

La Verne

CA

Actual/360

5.110%

12,383.93

5,010.13

0.00

N/A

05/05/24

--

2,814,351.41

2,809,341.28

11/05/21

 

81

410923131

RT

Carson City

NV

Actual/360

4.830%

11,514.49

5,201.26

0.00

N/A

01/01/24

--

2,768,460.46

2,763,259.20

11/01/21

 

82

416000131

MF

Plymouth

MI

Actual/360

5.220%

11,758.68

7,061.91

0.00

N/A

05/01/24

--

2,615,946.59

2,608,884.68

11/01/21

 

83

416000134

RT

Baton Rouge

LA

Actual/360

5.070%

12,564.93

4,436.00

0.00

N/A

05/01/24

--

2,878,013.45

2,873,577.45

11/01/21

 

84

416000138

RT

El Dorado

AR

Actual/360

4.790%

10,801.48

4,920.35

0.00

N/A

05/01/24

--

2,618,717.17

2,613,796.82

11/01/21

 

85

470089120

MF

New York

NY

Actual/360

4.160%

9,215.15

5,385.41

0.00

N/A

04/01/24

--

2,572,468.18

2,567,082.77

11/01/21

 

86

300571075

SS

Wheatfield

NY

Actual/360

5.160%

11,499.02

4,626.93

0.00

N/A

03/06/24

--

2,587,927.04

2,583,300.11

11/06/21

 

87

301840087

MF