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:   April 13, 2022 to May 12, 2022

Commission File Number of issuing entity:  333-193376-25

Central Index Key Number of issuing entity:  0001654330

COMM 2015-LC23 Mortgage Trust
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-193376

Central Index Key Number of depositor:  0001013454

Deutsche Mortgage & Asset Receiving Corporation
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541294

German American Capital Corporation
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541468

Ladder Capital Finance LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001558761

Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001555524

LoanCore Capital Markets LLC (formerly known as Jefferies LoanCore LLC)
(Exact name of sponsor as specified in its charter)

Lainie Kaye (212) 250-2500
(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)

38-3979827
38-3979828
38-7143642
(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-SB

     

     

  X  

     

A-3

     

     

  X  

     

A-4

     

     

  X  

     

XP-A

     

     

  X  

     

XS-A

     

     

  X  

     

A-M

     

     

  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 May 12, 2022 a distribution was made to holders of the certificates issued by COMM 2015-LC23 Mortgage Trust.

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 COMM 2015-LC23 Mortgage Trust in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:

Loss Information as reported on May 12, 2022

Number of Delinquencies 30+ days

% of Delinquencies 30+ days by Pool Balance

Number of Loans/REOs with Losses

Average Net Loss

3

7.21%

2

$1,229,237.95

No assets securitized by Deutsche Mortgage & Asset Receiving Corporation (the "Depositor") and held by COMM 2015-LC23 Mortgage Trust were the subject of a demand to repurchase for breach of the representations and warranties contained in the underlying transaction documents during the distribution period from April 13, 2022 to May 12, 2022.

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 February 15, 2022. The CIK number for the Depositor is 0001013454.

German American Capital Corporation ("GACC"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 15, 2022. The CIK number of GACC is 0001541294.

Ladder Capital Finance LLC ("LCF"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2022. The CIK number of LCF is 0001541468.

Cantor Commercial Real Estate Lending, L.P. ("CCREL"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on May 12, 2022. The CIK number of CCREL is 0001558761.

LoanCore Capital Markets LLC (formerly known as Jefferies LoanCore LLC) ("LCM"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 8, 2022. The CIK number of LCM is 0001555524.

Part II - OTHER INFORMATION

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 COMM 2015-LC23 Mortgage Trust, relating to the May 12, 2022 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.

Deutsche Mortgage & Asset Receiving Corporation
(Depositor)

 

/s/ Matt Smith
Matt Smith, Director

Date: May 23, 2022

 

/s/ R. Chris Jones
R. Chris Jones, Director

Date: May 23, 2022

 

 


ccc15l23_ex991-202205.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

05/12/22

COMM 2015-LC23 Mortgage Trust

Determination Date:

05/06/22

 

Next Distribution Date:

06/10/22

 

Record Date:

04/29/22

Commercial Mortgage Pass-Through Certificates

 

 

Series 2015-LC23

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2-3

Depositor

Deutsche Mortgage & Asset Receiving Corporation

 

 

Certificate Factor Detail

4

 

Helaine M. Kaplan

(212) 250-5270

 

Certificate Interest Reconciliation Detail

5

 

60 Wall Street | New York, NY 10005 | United States

 

 

 

 

Master Servicer

Wells Fargo Bank, National Association

 

 

Additional Information

6

 

 

 

 

 

 

 

Investor Relations

 

REAM_InvestorRelations@wellsfargo.com

Bond / Collateral Reconciliation - Cash Flows

7

 

 

 

 

 

 

 

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

Bond / Collateral Reconciliation - Balances

8

Special Servicer

LNR Partners, LLC

 

 

Current Mortgage Loan and Property Stratification

9-13

 

LNR CMBS Notices

(305) 695-5600

lnr.cmbs.notices@lnrproperty.com

Mortgage Loan Detail (Part 1)

14-16

 

2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States

 

Mortgage Loan Detail (Part 2)

17-19

Operating Advisor

Park Bridge Lender Services LLC

 

 

Principal Prepayment Detail

20

 

David Rodgers

(212) 230-9025

 

Historical Detail

21

 

600 Third Avenue, 40th Floor | New York, NY 10016 | United States

 

 

Delinquency Loan Detail

22

Certificate Administrator

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

 

 

 

 

 

Bank, N.A.

 

 

Collateral Stratification and Historical Detail

23

 

Corporate Trust Services (CMBS)

 

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

Specially Serviced Loan Detail - Part 1

24

 

 

 

trustadministrationgroup@wellsfargo.com

 

 

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

 

Specially Serviced Loan Detail - Part 2

25

 

 

 

 

 

 

Trustee

Wilmington Trust, National Association

 

 

Modified Loan Detail

26

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

Historical Liquidated Loan Detail

27

 

1100 North Market Street | Wilmington, DE 19890 | United States

 

 

Historical Bond / Collateral Loss Reconciliation Detail

28

Controlling Class

LNR Securities Holdings, LLC

 

 

Interest Shortfall Detail - Collateral Level

29

Representative

 

 

 

 

 

 

-

 

 

Supplemental Notes

30

 

 

 

 

 

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.

   

© 2021 Computershare. All rights reserved. Confidential.

Page 1 of 30

 


 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                        Beginning Balance

Distribution

Distribution

Penalties

Realized Losses                   Total Distribution            Ending Balance

Support¹        Support¹

 

A-1

12636FBE2

1.811000%

39,109,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

12636FBF9

3.221000%

210,190,000.00

119,961,599.43

60,174.83

321,996.93

0.00

0.00

382,171.76

119,901,424.60

35.18%

30.00%

A-SB

12636FBG7

3.598000%

53,371,000.00

37,760,587.72

924,228.20

113,218.83

0.00

0.00

1,037,447.03

36,836,359.52

35.18%

30.00%

A-3

12636FBH5

3.521000%

125,000,000.00

125,000,000.00

0.00

366,770.83

0.00

0.00

366,770.83

125,000,000.00

35.18%

30.00%

A-4

12636FBJ1

3.774000%

244,968,000.00

244,968,000.00

0.00

770,424.36

0.00

0.00

770,424.36

244,968,000.00

35.18%

30.00%

A-M

12636FBM4

4.158000%

61,258,000.00

61,258,000.00

0.00

212,258.97

0.00

0.00

212,258.97

61,258,000.00

27.64%

23.63%

B

12636FBN2

4.459000%

51,649,000.00

51,649,000.00

0.00

191,919.08

0.00

0.00

191,919.08

51,649,000.00

21.28%

18.25%

C

12636FBP7

4.605015%

43,241,000.00

43,241,000.00

0.00

165,937.88

0.00

0.00

165,937.88

43,241,000.00

15.96%

13.75%

D

12636FAL7

3.605015%

28,828,000.00

28,828,000.00

0.00

86,604.48

0.00

0.00

86,604.48

28,828,000.00

12.41%

10.75%

E

12636FAN3

3.605015%

24,022,000.00

24,022,000.00

0.00

72,166.39

0.00

0.00

72,166.39

24,022,000.00

9.45%

8.25%

F

12636FAQ6

3.250000%

22,822,000.00

22,822,000.00

0.00

61,809.58

0.00

0.00

61,809.58

22,822,000.00

6.65%

5.88%

G

12636FAS2

3.250000%

10,810,000.00

10,810,000.00

0.00

29,277.08

0.00

0.00

29,277.08

10,810,000.00

5.32%

4.75%

H

12636FAU7

3.250000%

12,012,000.00

12,012,000.00

0.00

32,532.50

0.00

0.00

32,532.50

12,012,000.00

3.84%

3.50%

J*

12636FAW3

3.250000%

33,632,147.00

31,174,028.68

0.00

11,750.36

0.00

357.21

11,750.36

31,173,671.47

0.00%

0.00%

V

12636FAZ6

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

12636FBA0

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

LR

12636FBC6

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

 

960,912,147.00

813,506,215.83

984,403.03

2,436,667.27

0.00

357.21

3,421,070.30

812,521,455.59

 

 

 

 

XP-A

12636FBK8

0.567589%

733,896,000.00

140,164,000.00

0.00

66,296.27

0.00

0.00

66,296.27

138,243,000.00

 

 

XS-A

12636FBL6

0.833615%

733,896,000.00

588,948,187.15

0.00

409,129.91

0.00

0.00

409,129.91

587,963,784.12

 

 

X-B

12636FAA1

0.079477%

94,890,000.00

94,890,000.00

0.00

6,284.61

0.00

0.00

6,284.61

94,890,000.00

 

 

X-C

12636FAC7

1.000000%

52,850,000.00

52,850,000.00

0.00

44,041.67

0.00

0.00

44,041.67

52,850,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

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Page 2 of 30

 


 

                       

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                    Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

                     Credit

Credit

Class

CUSIP

Rate (2)

Original Balance

Beginning Balance

Distribution

Distribution

Penalties

   Realized Losses                Total Distribution

Ending Balance                  Support¹

Support¹

 

X-D

12636FAE3

1.355015%

22,822,000.00

22,822,000.00

0.00

25,770.13

0.00

0.00

25,770.13

22,822,000.00

 

X-E

12636FAG8

1.355015%

22,822,000.00

22,822,000.00

0.00

25,770.13

0.00

0.00

25,770.13

22,822,000.00

 

X-F

12636FAJ2

1.355015%

33,632,147.00

31,174,028.68

0.00

35,201.07

0.00

0.00

35,201.07

31,173,671.47

 

Notional SubTotal

 

1,694,808,147.00

953,670,215.83

0.00

612,493.79

0.00

0.00

612,493.79

950,764,455.59

 

 

Deal Distribution Total

 

 

 

984,403.03

3,049,161.06

0.00

357.21

4,033,564.09

 

 

 

*

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.

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 3 of 30

 


 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

12636FBE2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

12636FBF9

570.72933741

0.28628779

1.53193268

0.00000000

0.00000000

0.00000000

0.00000000

1.81822047

570.44304962

A-SB

12636FBG7

707.51133987

17.31704858

2.12135486

0.00000000

0.00000000

0.00000000

0.00000000

19.43840344

690.19429128

A-3

12636FBH5

1,000.00000000

0.00000000

2.93416664

0.00000000

0.00000000

0.00000000

0.00000000

2.93416664

1,000.00000000

A-4

12636FBJ1

1,000.00000000

0.00000000

3.14500000

0.00000000

0.00000000

0.00000000

0.00000000

3.14500000

1,000.00000000

A-M

12636FBM4

1,000.00000000

0.00000000

3.46500000

0.00000000

0.00000000

0.00000000

0.00000000

3.46500000

1,000.00000000

B

12636FBN2

1,000.00000000

0.00000000

3.71583341

0.00000000

0.00000000

0.00000000

0.00000000

3.71583341

1,000.00000000

C

12636FBP7

1,000.00000000

0.00000000

3.83751255

0.00000000

0.00000000

0.00000000

0.00000000

3.83751255

1,000.00000000

D

12636FAL7

1,000.00000000

0.00000000

3.00417927

0.00000000

0.00000000

0.00000000

0.00000000

3.00417927

1,000.00000000

E

12636FAN3

1,000.00000000

0.00000000

3.00417909

0.00000000

0.00000000

0.00000000

0.00000000

3.00417909

1,000.00000000

F

12636FAQ6

1,000.00000000

0.00000000

2.70833319

0.00000000

0.00000000

0.00000000

0.00000000

2.70833319

1,000.00000000

G

12636FAS2

1,000.00000000

0.00000000

2.70833302

0.00000000

0.00000000

0.00000000

0.00000000

2.70833302

1,000.00000000

H

12636FAU7

1,000.00000000

0.00000000

2.70833333

0.00000000

0.00000000

0.00000000

0.00000000

2.70833333

1,000.00000000

J

12636FAW3

926.91164439

0.00000000

0.34937882

2.16100685

56.28531625

0.00000000

0.01062109

0.34937882

926.90102330

V

12636FAZ6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

12636FBA0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

LR

12636FBC6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

XP-A

12636FBK8

190.98618878

0.00000000

0.09033469

0.00000000

0.00000000

0.00000000

0.00000000

0.09033469

188.36865169

XS-A

12636FBL6

802.49543144

0.00000000

0.55747669

0.00000000

0.00000000

0.00000000

0.00000000

0.55747669

801.15409284

X-B

12636FAA1

1,000.00000000

0.00000000

0.06623048

0.00000000

0.00000000

0.00000000

0.00000000

0.06623048

1,000.00000000

X-C

12636FAC7

1,000.00000000

0.00000000

0.83333340

0.00000000

0.00000000

0.00000000

0.00000000

0.83333340

1,000.00000000

X-D

12636FAE3

1,000.00000000

0.00000000

1.12917930

0.00000000

0.00000000

0.00000000

0.00000000

1.12917930

1,000.00000000

X-E

12636FAG8

1,000.00000000

0.00000000

1.12917930

0.00000000

0.00000000

0.00000000

0.00000000

1.12917930

1,000.00000000

X-F

12636FAJ2

926.91164439

0.00000000

1.04664950

0.00000000

0.00000000

0.00000000

0.00000000

1.04664950

926.90102330

 

 

 

 

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Page 4 of 30

 


 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

Prior

 

 

 

 

 

Additional

 

 

 

 

 

 

Cumulative

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

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

04/01/22 - 04/30/22

30

0.00

321,996.93

0.00

321,996.93

0.00

0.00

0.00

321,996.93

0.00

 

A-SB

04/01/22 - 04/30/22

30

0.00

113,218.83

0.00

113,218.83

0.00

0.00

0.00

113,218.83

0.00

 

A-3

04/01/22 - 04/30/22

30

0.00

366,770.83

0.00

366,770.83

0.00

0.00

0.00

366,770.83

0.00

 

A-4

04/01/22 - 04/30/22

30

0.00

770,424.36

0.00

770,424.36

0.00

0.00

0.00

770,424.36

0.00

 

XP-A

04/01/22 - 04/30/22

30

0.00

66,296.27

0.00

66,296.27

0.00

0.00

0.00

66,296.27

0.00

 

XS-A

04/01/22 - 04/30/22

30

0.00

409,129.91

0.00

409,129.91

0.00

0.00

0.00

409,129.91

0.00

 

X-B

04/01/22 - 04/30/22

30

0.00

6,284.61

0.00

6,284.61

0.00

0.00

0.00

6,284.61

0.00

 

X-C

04/01/22 - 04/30/22

30

0.00

44,041.67

0.00

44,041.67

0.00

0.00

0.00

44,041.67

0.00

 

X-D

04/01/22 - 04/30/22

30

0.00

25,770.13

0.00

25,770.13

0.00

0.00

0.00

25,770.13

0.00

 

X-E

04/01/22 - 04/30/22

30

0.00

25,770.13

0.00

25,770.13

0.00

0.00

0.00

25,770.13

0.00

 

X-F

04/01/22 - 04/30/22

30

0.00

35,201.07

0.00

35,201.07

0.00

0.00

0.00

35,201.07

0.00

 

A-M

04/01/22 - 04/30/22

30

0.00

212,258.97

0.00

212,258.97

0.00

0.00

0.00

212,258.97

0.00

 

B

04/01/22 - 04/30/22

30

0.00

191,919.08

0.00

191,919.08

0.00

0.00

0.00

191,919.08

0.00

 

C

04/01/22 - 04/30/22

30

0.00

165,937.88

0.00

165,937.88

0.00

0.00

0.00

165,937.88

0.00

 

D

04/01/22 - 04/30/22

30

0.00

86,604.48

0.00

86,604.48

0.00

0.00

0.00

86,604.48

0.00

 

E

04/01/22 - 04/30/22

30

0.00

72,166.39

0.00

72,166.39

0.00

0.00

0.00

72,166.39

0.00

 

F

04/01/22 - 04/30/22

30

0.00

61,809.58

0.00

61,809.58

0.00

0.00

0.00

61,809.58

0.00

 

G

04/01/22 - 04/30/22

30

0.00

29,277.08

0.00

29,277.08

0.00

0.00

0.00

29,277.08

0.00

 

H

04/01/22 - 04/30/22

30

0.00

32,532.50

0.00

32,532.50

0.00

0.00

0.00

32,532.50

0.00

 

J

04/01/22 - 04/30/22

30

1,820,316.73

84,429.66

0.00

84,429.66

72,679.30

0.00

0.00

11,750.36

1,892,996.03

 

Totals

 

 

1,820,316.73

3,121,840.36

0.00

3,121,840.36

72,679.30

0.00

0.00

3,049,161.06

1,892,996.03

 

 

 

 

 

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Page 5 of 30

 


 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,033,564.09

 

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

 

 

 

 

 

 

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Page 6 of 30

 


 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,134,469.84

Master Servicing Fee

7,562.30

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

2,976.23

Interest Adjustments

0.00

Trustee Fee

210.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

338.96

ARD Interest

0.00

Operating Advisor Fee

1,541.97

Net Prepayment Interest Excess / (Shortfall)

0.00

 

 

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,134,469.84

Total Fees

12,629.46

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

984,760.24

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

57,863.41

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

12,713.46

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

(357.21)

Special Servicing Fees (Work Out)

2,102.43

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

984,403.03

Total Expenses/Reimbursements

72,679.30

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,049,161.06

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

984,403.03

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Net SWAP Counterparty Payments Received

0.00

Borrower Option Extension Fees

0.00

 

 

Net SWAP Counterparty Payments Paid

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,033,564.09

Total Funds Collected

4,118,872.87

Total Funds Distributed

4,118,872.85

 

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Page 7 of 30

 


 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

813,506,215.83

813,506,215.83

Beginning Certificate Balance

813,506,215.83

(-) Scheduled Principal Collections

984,760.24

984,760.24

(-) Principal Distributions

984,403.03

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

357.21

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

357.21

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

357.21

357.21

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

812,521,455.59

812,521,455.59

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

814,395,270.73

814,395,270.73

Ending Certificate Balance

812,521,455.59

Ending Actual Collateral Balance

813,314,635.31

813,314,635.31

 

 

 

 

 

 

 

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

4.61%

 

 

 

 

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 8 of 30

 


 

                             

 

 

 

 

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

2

23,088,953.89

2.84%

41

4.6199

NAP

Defeased

2

23,088,953.89

2.84%

41

4.6199

NAP

 

7,499,999 or less

26

97,270,097.86

11.97%

40

4.6775

1.672994

1.39 or less

20

285,540,225.31

35.14%

25

4.7767

0.960526

7,500,000 to 14,999,999

13

138,921,130.70

17.10%

41

4.6636

1.395596

1.40 to 1.44

2

20,043,811.78

2.47%

41

4.7018

1.435536

15,000,000 to 24,999,999

6

119,306,493.86

14.68%

41

4.7246

1.660075

1.45 to 1.54

2

18,005,443.78

2.22%

40

4.2377

1.504218

25,000,000 to 49,999,999

8

294,334,779.28

36.22%

22

4.7480

1.496179

1.55 to 1.99

19

219,457,730.12

27.01%

41

4.7050

1.832367

50,000,000 to 74,999,999

2

139,600,000.00

17.18%

41

4.1979

3.318487

2.00 to 2.49

10

170,372,530.67

20.97%

34

4.7196

2.249613

 

75,000,000 or greater

0

0.00

0.00%

0

0.0000

0.000000

2.50 or greater

2

76,012,760.04

9.36%

40

3.6699

4.509508

 

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

(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.

 

 

 

 

(4)

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 30

 


 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

3

23,088,953.89

2.84%

41

4.6199

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

3

23,088,953.89

2.84%

41

4.6199

NAP

California

12

197,935,598.13

24.36%

39

4.5235

1.780082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

26

173,081,267.42

21.30%

24

4.9753

1.202330

Colorado

1

6,640,000.00

0.82%

41

4.4800

2.317500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

2

7,082,391.69

0.87%

41

4.8392

1.907494

Connecticut

3

9,321,111.90

1.15%

21

5.0633

1.480883

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

2

9,292,902.64

1.14%

41

4.4917

2.252640

Florida

5

38,097,234.46

4.69%

30

4.9860

1.450410

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

8

97,577,487.73

12.01%

13

4.7705

1.437956

Georgia

5

10,614,155.30

1.31%

18

4.9287

1.505547

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

17

259,512,965.67

31.94%

41

4.3513

2.673330

Illinois

12

59,208,616.75

7.29%

37

4.8650

0.631749

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

26

240,094,272.35

29.55%

41

4.5984

1.423457

Indiana

1

3,093,787.16

0.38%

5

4.9600

1.296700

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

1

2,791,214.20

0.34%

41

5.0800

2.331400

Iowa

1

702,000.00

0.09%

41

5.2100

1.948100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

85

812,521,455.59

100.00%

34

4.6235

1.831296

Kentucky

1

3,914,239.00

0.48%

5

4.9600

1.296700

 

 

 

 

 

 

 

 

Michigan

5

28,605,433.03

3.52%

38

4.6372

1.487860

 

 

 

 

 

 

 

 

New Jersey

1

2,652,902.64

0.33%

41

4.5210

2.090300

 

 

 

 

 

 

 

 

New Mexico

2

9,532,758.17

1.17%

32

4.7449

1.355080

 

 

 

 

 

 

 

 

New York

5

194,314,798.85

23.92%

27

4.3307

2.706219

 

 

 

 

 

 

 

 

North Carolina

5

13,018,091.79

1.60%

30

4.9066

2.041708

 

 

 

 

 

 

 

 

Ohio

5

20,524,266.57

2.53%

41

4.9214

1.032467

 

 

 

 

 

 

 

 

Pennsylvania

3

57,250,765.80

7.05%

41

4.7083

1.071641

 

 

 

 

 

 

 

 

South Carolina

1

37,124,072.89

4.57%

41

4.9000

2.277200

 

 

 

 

 

 

 

 

Tennessee

1

1,692,181.92

0.21%

5

4.9600

1.296700

 

 

 

 

 

 

 

 

Texas

10

70,819,998.30

8.72%

35

4.7117

1.502994

 

 

 

 

 

 

 

 

Virgin Islands

1

2,791,214.20

0.34%

41

5.0800

2.331400

 

 

 

 

 

 

 

 

Virginia

1

7,187,182.09

0.88%

41

4.6800

1.379100

 

 

 

 

 

 

 

 

Washington

1

14,392,092.74

1.77%

5

4.9600

1.296700

 

 

 

 

 

 

 

 

Totals

85

812,521,455.59

100.00%

34

4.6235

1.831296

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 30

 


 

                             

 

 

 

 

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

2

23,088,953.89

2.84%

41

4.6199

NAP

Defeased

2

23,088,953.89

2.84%

41

4.6199

NAP

 

4.4999% or less

12

218,878,991.93

26.94%

40

4.1017

2.589827

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.5000% to 4.7499%

16

195,572,060.75

24.07%

26

4.6226

1.589241

13 to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.75000% or greater

27

374,981,449.02

46.15%

34

4.9289

1.548439

25 to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

37 to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

49 months or greater

55

789,432,501.70

97.16%

34

4.6237

1.847284

 

 

 

 

 

 

 

 

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

(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.

 

 

 

 

(4)

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 30

 


 

                             

 

 

 

 

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

2

23,088,953.89

2.84%

41

4.6199

NAP

Defeased

2

23,088,953.89

2.84%

41

4.6199

NAP

 

60 months or less

55

789,432,501.70

97.16%

34

4.6237

1.847284

Interest Only

14

350,103,844.80

43.09%

25

4.5261

2.395011

 

61 to 117 months

0

0.00

0.00%

0

0.0000

0.000000

240 months or less

9

58,150,875.31

7.16%

41

4.7825

0.395658

 

118 months or more

0

0.00

0.00%

0

0.0000

0.000000

241 months or more

32

381,177,781.59

46.91%

41

4.6890

1.565662

 

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

(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.

 

 

 

 

(4)

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 30

 


 

                         

 

 

 

 

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

2

23,088,953.89

2.84%

41

4.6199

NAP

 

 

 

None

 

Underwriter's Information

1

31,724,137.92

3.90%

5

4.9600

2.350000

 

 

 

 

 

 

12 months or less

52

750,729,752.42

92.40%

35

4.6079

1.833517

 

 

 

 

 

 

13 to 24 months

2

6,978,611.36

0.86%

41

4.7933

1.042928

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

57

812,521,455.59

100.00%

34

4.6235

1.831296

 

 

 

 

 

(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.

 

(4)

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 13 of 30

 


 

                                 

 

 

 

 

 

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

28000779

LO

Various

Various

Actual/360

4.960%

196,903.45

51,724.14

0.00

N/A

10/06/22

--

47,637,931.02

47,586,206.88

05/06/22

 

1A

656100482

 

 

 

Actual/360

4.960%

131,268.97

34,482.76

0.00

N/A

10/06/22

--

31,758,620.68

31,724,137.92

05/06/22

 

2

304951002

OF

New York

NY

Actual/360

4.832%

281,866.67

0.00

0.00

N/A

11/01/25

--

70,000,000.00

70,000,000.00

05/01/22

 

3

304951003

OF

New York

NY

Actual/360

3.560%

206,491.60

0.00

0.00

N/A

09/06/25

--

69,600,000.00

69,600,000.00

05/06/22

 

4

28000783

MF

Brooklyn

NY

Actual/360

4.725%

181,125.00

0.00

0.00

N/A

10/06/20

--

46,000,000.00

46,000,000.00

05/06/21

 

5

304951005

OF

Los Angeles

CA

Actual/360

4.540%

161,548.33

0.00

0.00

N/A

09/06/25

--

42,700,000.00

42,700,000.00

05/06/22

 

7

304951007

LO

Hilton Head Island

SC

Actual/360

4.900%

151,836.82

60,453.87

0.00

N/A

10/06/25

--

37,184,526.76

37,124,072.89

05/06/22

 

8

406100334

LO

Chicago

IL

Actual/360

4.990%

131,281.71

78,961.01

0.00

N/A

10/06/25

--

31,570,753.03

31,491,792.02

05/06/22

 

9

304951009

OF

Palo Alto

CA

Actual/360

4.350%

105,388.68

58,889.21

0.00

N/A

09/06/25

--

29,072,738.41

29,013,849.20

05/06/22

 

10

304951010

RT

Springfield Township

PA

Actual/360

4.449%

106,585.37

57,094.35

0.00

N/A

10/06/25

--

28,751,814.72

28,694,720.37

05/06/22

 

11

28000760

RT

Laguna Niguel

CA

Actual/360

4.517%

88,199.27

46,340.15

0.00

N/A

09/06/25

--

23,431,286.12

23,384,945.97

05/06/22

 

12

407000563

RT

San Jose

CA

Actual/360

4.490%

89,810.00

0.00

0.00

N/A

11/06/25

--

24,000,000.00

24,000,000.00

05/06/22

 

13

407000561

RT

Los Angeles

CA

Actual/360

4.643%

78,700.07

39,277.84

0.00

N/A

10/06/25

07/06/25

20,342,506.28

20,303,228.44

05/06/22

 

16

656100476

LO

Lake Mary

FL

Actual/360

5.140%

81,178.04

27,904.02

0.00

N/A

09/06/25

--

18,952,070.71

18,924,166.69

05/06/22

 

17

656100478

RT

Austin

TX

Actual/360

4.460%

67,817.13

31,784.37

0.00

N/A

10/06/25

--

18,246,762.03

18,214,977.66

05/06/22

 

18

406100331

OF

Redondo Beach

CA

Actual/360

4.767%

67,222.16

32,085.62

0.00

N/A

10/06/25

--

16,921,879.06

16,889,793.44

05/06/22

 

19

28000766

RT

Kenhorst

PA

Actual/360

5.100%

76,142.27

23,217.54

0.00

N/A

10/06/25

--

17,915,827.64

17,892,610.10

05/06/22

 

20

407000547

RT

Addison

TX

Actual/360

4.760%

57,399.91

27,465.76

0.00

N/A

10/06/25

--

14,470,564.36

14,443,098.60

05/06/22

 

21

304951021

RT

Los Angeles

CA

Actual/360

4.160%

47,848.43

21,260.89

0.00

N/A

08/06/25

--

13,802,431.06

13,781,170.17

05/06/22

 

22

406100335

RT

Brentwood

CA

Actual/360

5.216%

53,654.67

15,316.32

0.00

N/A

10/06/25

--

12,342,683.59

12,327,367.27

05/06/22

 

23

304951023

RT

Los Angeles

CA

Actual/360

4.010%

42,252.67

19,886.29

0.00

N/A

09/06/25

--

12,644,189.31

12,624,303.02

05/06/22

 

24

28000765

RT

Montgomeryville

PA

Actual/360

4.750%

42,289.82

20,307.86

0.00

N/A

10/01/25

--

10,683,743.19

10,663,435.33

05/01/22

 

25

407000550

RT

Colerain Township

OH

Actual/360

4.790%

40,817.48

20,108.13

0.00

N/A

10/06/25

--

10,224,605.30

10,204,497.17

01/06/22

 

26

28000785

MF

Grand Rapids

MI

Actual/360

4.650%

39,591.94

19,706.29

0.00

N/A

10/06/25

--

10,217,275.73

10,197,569.44

05/06/22

 

27

304951027

OF

Birmingham

MI

Actual/360

4.660%

41,435.04

16,899.66

0.00

N/A

10/06/25

--

10,669,968.07

10,653,068.41

05/06/22

 

28

407000549

MF

San Antonio

TX

Actual/360

4.890%

43,844.48

14,468.62

0.00

N/A

10/06/25

--

10,759,382.52

10,744,913.90

05/06/22

 

29

28000761

RT

San Juan Capistrano

CA

Actual/360

4.647%

36,396.15

18,242.29

0.00

N/A

09/06/25

--

9,398,618.74

9,380,376.45

05/06/22

 

30

304951030

Various Avon Lake

OH

Actual/360

4.989%

33,193.69

14,654.93

0.00

N/A

10/06/25

--

7,984,851.03

7,970,196.10

05/06/22

 

 

 

 

 

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Page 14 of 30

 


 

                                 

 

 

 

 

 

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

 

31

28000764

MF

Champaign

IL

Actual/360

4.694%

32,830.14

11,741.70

0.00

N/A

09/06/25

--

8,392,876.54

8,381,134.84

05/06/22

 

32

28000740

OF

Aurora

IL

Actual/360

4.499%

27,123.07

14,420.25

0.00

N/A

08/06/25

--

7,234,427.17

7,220,006.92

05/06/22

 

33

28000790

RT

Boca Raton

FL

Actual/360

4.640%

29,193.33

0.00

0.00

N/A

11/06/25

--

7,550,000.00

7,550,000.00

05/06/22

 

34

28000786

MF

Albuquerque

NM

Actual/360

4.670%

27,563.13

11,199.58

0.00

N/A

10/06/25

--

7,082,602.22

7,071,402.64

05/06/22

 

35

304951035

RT

Virginia Beach

VA

Actual/360

4.680%

28,069.17

10,040.02

0.00

N/A

10/06/25

--

7,197,222.11

7,187,182.09

05/06/22

 

37

406100327

MF

Pembroke

NC

Actual/360

4.860%

26,020.35

12,017.12

0.00

N/A

10/06/25

--

6,424,777.16

6,412,760.04

05/06/22

 

38

28000781

MH

Colorado Springs

CO

Actual/360

4.480%

24,789.33

0.00

0.00

N/A

10/06/25

--

6,640,000.00

6,640,000.00

05/06/22

 

39

28000757

RT

San Diego

CA

Actual/360

4.593%

22,033.68

11,261.02

0.00

N/A

09/06/25

--

5,756,677.95

5,745,416.93

05/06/22

 

40

406100333

OF

O Fallon

IL

Actual/360

4.772%

21,458.52

14,967.18

0.00

N/A

10/06/25

--

5,396,107.94

5,381,140.76

05/06/22

 

41

406100323

RT

Katy

TX

Actual/360

4.600%

21,561.24

10,991.68

0.00

N/A

09/06/25

--

5,624,672.46

5,613,680.78

05/06/22

 

42

304951042

MF

Rochester

NY

Actual/360

5.000%

19,388.82

8,525.90

0.00

N/A

10/06/25

--

4,653,315.86

4,644,789.96

05/06/22

 

43

28000782

LO

Portland

TX

Actual/360

4.910%

15,949.80

16,799.90

0.00

N/A

10/06/25

--

3,898,117.62

3,881,317.72

05/06/22

 

44

28300723

OF

New York

NY

Actual/360

3.665%

12,470.21

13,005.60

0.00

N/A

07/06/25

--

4,083,014.49

4,070,008.89

05/06/22

 

45

407000553

MF

Bridgeport

CT

Actual/360

5.194%

17,884.13

7,356.50

0.00

N/A

10/06/25

--

4,132,273.41

4,124,916.91

05/06/22

 

46

656100475

RT

Frisco

TX

Actual/360

4.520%

11,578.06

13,771.12

0.00

N/A

09/06/25

--

3,073,820.60

3,060,049.48

05/06/22

 

47

656100474

RT

Missouri City

TX

Actual/360

4.520%

10,972.90

16,122.37

0.00

N/A

09/06/25

--

2,913,159.81

2,897,037.44

05/06/22

 

49

304951049

RT

Rochester Hills

MI

Actual/360

4.410%

9,943.03

12,030.03

0.00

N/A

11/06/25

--

2,705,587.19

2,693,557.16

05/06/22

 

50

28000762

MU

San Juan Capistrano

CA

Actual/360

4.647%

12,017.60

6,023.40

0.00

N/A

09/06/25

--

3,103,317.04

3,097,293.64

05/06/22

 

51

406100317

RT

Atlanta

GA

Actual/360

4.859%

12,600.34

5,887.97

0.00

N/A

08/06/25

--

3,111,835.79

3,105,947.82

05/06/22

 

52

28000784

MH

Various

NY

Actual/360

4.455%

10,371.80

8,024.81

0.00

N/A

10/06/25

--

2,793,750.26

2,785,725.45

05/06/22

 

53

304951053

RT

Ferndale

MI

Actual/360

4.360%

8,490.78

10,512.79

0.00

N/A

10/06/25

--

2,336,911.33

2,326,398.54

05/06/22

 

54

407000551

SS

St Thomas

VI

Actual/360

5.080%

11,834.84

4,416.80

0.00

N/A

10/06/25

--

2,795,631.00

2,791,214.20

05/06/22

 

55

28000772

MH

Bayonne

NJ

Actual/360

4.521%

10,014.49

5,223.53

0.00

N/A

10/06/25

--

2,658,126.17

2,652,902.64

05/06/22

 

56

28000769

LO

Brook Park

OH

Actual/360

5.263%

10,347.23

9,889.05

0.00

N/A

10/06/25

--

2,359,462.35

2,349,573.30

05/06/20

 

58

28000778

RT

Rose Hill

NC

Actual/360

4.940%

4,106.38

0.00

0.00

10/06/25

10/06/30

--

997,500.00

997,500.00

05/06/22

 

59

28000776

RT

Moultrie

GA

Actual/360

4.940%

3,818.21

0.00

0.00

10/06/25

10/06/30

--

927,500.00

927,500.00

05/06/22

 

60

28000775

RT

Biscoe

NC

Actual/360

4.940%

3,530.04

0.00

0.00

10/06/25

10/06/30

--

857,500.00

857,500.00

05/06/22

 

61

28000777

RT

Rockingham

NC

Actual/360

4.940%

3,371.55

0.00

0.00

10/06/25

10/06/30

--

819,000.00

819,000.00

05/06/22

 

 

 

 

 

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Page 15 of 30

 


 

                                 

 

 

 

 

 

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

 

62

28000763

RT

De Soto

IA

Actual/360

5.210%

3,047.85

0.00

0.00

10/06/25

10/06/30

--

702,000.00

702,000.00                   05/06/22

 

Totals

 

 

 

 

 

 

3,134,469.84

984,760.24

0.00

 

 

 

813,506,215.83

812,521,455.59

 

 

(1) Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

 

MU - Mixed Use

WH - Warehouse

 

MF - Multi-Family

 

 

 

 

 

 

 

 

 

SS - Self Storage

 

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 16 of 30

 


 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent            Most Recent         Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

1

15,534,763.92

18,279,148.30

04/01/21

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

43,245,785.06

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

131,410,231.90

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

2,603,026.00

2,012,172.00

01/01/21

09/30/21

12/06/21

8,966,839.10

214,543.86

145,483.60

1,981,445.88

112,202.86

0.00

 

 

5

4,635,148.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

6,541,364.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

(2,077,002.35)

(329,867.19)

10/01/20

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

4,119,112.00

1,930,061.00

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

5,318,520.56

2,899,973.67

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

2,578,447.40

654,661.46

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

0.00

620,037.50

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

16

1,994,339.77

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

2,478,999.47

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

2,178,192.79

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

1,404,571.40

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

1,522,065.76

693,165.38

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

614,430.60

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

1,504,359.44

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,141,215.08

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,086,426.04

271,607.00

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

436,800.00

200,497.00

01/01/21

09/30/21

07/06/21

5,592,656.75

866,534.14

38,462.71

197,687.91

0.00

0.00

 

 

26

1,217,020.54

316,574.28

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

1,057,810.90

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

1,272,853.53

356,573.13

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

2,235.30

0.00

 

 

29

0.00

236,926.96

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

1,124,156.00

927,001.00

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 17 of 30

 


 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent             Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

31

588,815.22

171,358.44

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

1,278,964.69

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

745,389.96

186,347.00

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

689,544.81

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

632,100.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

959,004.74

305,886.46

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

0.00

174,061.41

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

0.00

164,870.54

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

696,541.98

569,362.86

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

725,523.68

177,464.16

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

443,227.62

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

211,091.78

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

12,682,623.89

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

45

548,659.00

414,238.50

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

364,000.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

369,000.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

483,963.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

375,741.16

98,461.89

01/01/21

03/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

0.00

106,247.30

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

53

277,006.28

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

460,001.38

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

351,727.40

97,122.11

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

56

0.00

86,149.00

01/01/21

09/30/21

04/06/22

87,645.16

2,469.33

19,833.21

482,951.16

0.00

0.00

 

 

58

94,749.60

47,374.80

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

59

85,947.20

42,973.69

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

60

81,916.00

40,958.25

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

61

76,823.03

38,411.03

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 18 of 30

 


 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent

Most Recent

Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

62

73,407.66

36,703.83

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

256,238,408.57

31,826,522.76

 

 

 

14,647,141.01

1,083,547.33

203,779.52

2,662,084.95

114,438.16

0.00

 

 

 

 

 

 

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Page 19 of 30

 


 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

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Page 20 of 30

 


 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

 

 

Prepayments

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

Foreclosure

 

 

REO

 

Modifications

 

 

Curtailments

 

Payoff

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

Balance

#

Balance

#

Balance

#

Balance

 

#

Balance

#

Balance

 

#

Amount

#

Amount

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

05/12/22

0

0.00

0

0.00

2

12,554,070.47

0

0.00

 

2

12,554,070.47

0

0.00

 

0

0.00

0

0.00

4.623546%

4.586904%

34

04/12/22

1

12,644,189.31

1

10,224,605.30

1

2,359,462.35

0

0.00

 

2

12,584,067.65

0

0.00

 

0

0.00

0

0.00

4.623645%

4.587012%

35

03/11/22

1

10,243,275.83

0

0.00

1

2,368,963.44

0

0.00

 

2

12,612,239.27

0

0.00

 

0

0.00

0

0.00

4.623736%

4.587111%

36

02/11/22

0

0.00

0

0.00

2

12,645,411.54

0

0.00

 

2

12,645,411.54

0

0.00

 

0

0.00

0

0.00

4.623848%

4.587232%

37

01/12/22

0

0.00

0

0.00

2

12,673,323.10

0

0.00

 

3

12,673,323.10

0

0.00

 

0

0.00

1

3,887,121.87

4.623939%

4.587331%

38

12/10/21

0

0.00

0

0.00

3

19,025,652.99

0

0.00

 

3

19,025,652.99

0

0.00

 

0

0.00

0

0.00

4.627683%

4.589350%

39

11/15/21

0

0.00

0

0.00

3

19,071,435.22

0

0.00

 

3

19,071,435.22

0

0.00

 

0

0.00

0

0.00

4.627784%

4.589456%

40

10/13/21

0

0.00

0

0.00

3

19,114,408.39

0

0.00

 

3

19,114,408.39

0

0.00

 

1

250,000.00

0

0.00

4.627831%

4.589507%

41

09/13/21

0

0.00

0

0.00

3

19,159,822.17

0

0.00

 

3

19,159,822.17

0

0.00

 

0

0.00

1

19,344,592.60

4.628031%

4.589720%

42

08/12/21

0

0.00

0

0.00

3

19,202,416.24

0

0.00

 

3

19,202,416.24

0

0.00

 

0

0.00

0

0.00

4.635461%

4.591562%

42

07/12/21

0

0.00

0

0.00

3

19,244,827.58

0

0.00

 

3

19,244,827.58

0

0.00

 

0

0.00

0

0.00

4.635519%

4.591621%

43

06/11/21

0

0.00

0

0.00

3

19,289,699.93

0

0.00

 

3

19,289,699.93

0

0.00

 

0

0.00

0

0.00

4.635584%

4.568122%

44

Note: Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 30

 


 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

Servicer

Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

Advances

Balance

Date

Code²

 

Date

Date

REO Date

4

28000783

05/06/21

11

5

 

145,483.60

1,981,445.88

351,336.74

46,000,000.00

10/22/20

7

 

 

 

 

25

407000550

01/06/22

3

3

 

38,462.71

197,687.91

5,513.44

10,775,361.05

12/29/17

7

 

 

 

06/03/19

56

28000769

05/06/20

23

6

 

19,833.21

482,951.16

387,312.86

2,571,889.15

08/10/20

7

 

 

 

05/07/21

Totals

 

 

 

 

 

203,779.52

2,662,084.95

744,163.04

59,347,250.20

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

A - Payment Not Received But Still in Grace Period 0 - Current

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 22 of 30

 


 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

        Total

         Performing

Non-Performing

              REO/Foreclosure

 

 

Past Maturity

 

46,000,000

0

      46,000,000

0

 

0 - 6 Months

 

79,310,345

79,310,345

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

0

 

37 - 48 Months

 

682,907,611

670,353,540

0

 

 

12,554,070

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

4,303,500

4,303,500

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

REO/Foreclosure

 

 

May-22

812,521,456

753,967,385

0

0

46,000,000

12,554,070

 

Apr-22

813,506,216

742,277,959

12,644,189

0

46,000,000

12,584,068

 

Mar-22

814,427,160

755,814,921

0

0

46,000,000

12,612,239

 

Feb-22

815,526,099

756,880,688

0

0

46,000,000

12,645,412

 

Jan-22

816,439,625

757,766,302

0

0

46,000,000

12,673,323

 

Dec-21

823,674,368

758,648,715

0

0

46,000,000

19,025,653

 

Nov-21

824,658,433

759,586,998

0

0

46,000,000

19,071,435

 

Oct-21

825,492,428

760,378,020

0

0

46,000,000

19,114,408

 

Sep-21

826,719,089

761,559,267

0

0

46,000,000

19,159,822

 

Aug-21

846,941,991

762,341,631

0

0

65,397,943

19,202,416

 

Jul-21

847,790,791

763,120,862

0

0

65,425,101

19,244,828

 

Jun-21

848,701,081

763,956,575

0

0

65,454,806

19,289,700

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

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Page 23 of 30

 


 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

4

28000783

46,000,000.00

46,000,000.00

42,800,000.00

07/21/21

1,911,452.00

1.13470

09/30/21

10/06/20

I/O

25

407000550

10,204,497.17

10,775,361.05

5,300,000.00

01/28/22

174,400.00

0.31800

09/30/21

10/06/25

281

56

28000769

2,349,573.30

2,571,889.15

3,500,000.00

07/01/21

86,149.00

0.85140

09/30/21

10/06/25

160

Totals

 

58,554,070.47

59,347,250.20

51,600,000.00

 

2,172,001.00

 

 

 

 

 

 

 

 

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Page 24 of 30

 


 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

4

28000783

MF

NY

10/22/20

7

 

 

 

 

Loan transferred on 10/22/20 due to Maturity default as the Loan matured on 10/06/20. Collateral consists of a 127-unit multifamily property located in Brooklyn, NY. Notice of Default was sent on 10/27/20. Loan is under active Cash

 

Management. Legal couns el was retained to file for foreclosure and/or receivership, if necessary. Foreclosure complaint was filed on 9/2/21 and the summary judgment motion was later filed on 12/8/21. Lender approved a property management

 

change to an affiliate of Greystar. Lend er will dual track the foreclosure process while discussing workout alternatives with Borrower.

 

 

 

25

407000550

RT

OH

12/29/17

7

 

 

 

 

REO Title Date: 6/3/19: The subject is a 73,569 SF community retail center located in Colerain Township, OH, 10 miles north of the Cincinnati CBD. The improvements consist of two buildings: a 67,369 SF community center constructed in 1988

 

(renovated in 20 14, including roof replacement/facade work) and a 6,200 SF retail strip center constructed in 2003. The improvements reside on a 5.87-acre site with 345 parking spaces. As of 4/29/22, the property is 37% leased; Crossed with

 

or is companion Loan to: NA. Deferred Maintenance/Repair Issues: some parking lot repairs needed; Leasing Summary: leasing agent aggressively marketing 30k SF and 6K SF vacant spaces. Marketing Summary: Property is currently not

 

being marketed for sale.

 

 

 

 

 

 

 

56

28000769

LO

OH

08/10/20

7

 

 

 

 

REO Title Date: May 7, 2021. Description of Collateral: A 3-story, 64-room limited service Best Western hotel originally built in 1996 on 1.9 acres along I-71 in Brook Park, OH, approx. 13 miles SW of Cleveland but near to the Cleveland Hopkins

 

Int'l Air port. It was last renovated in 2016. Amenities include an indoor pool, fitenss center, complemenatary breakfast, laundry facilities, business center. Crossed with or is a Companion Loan to: No. Deferred Maintenance/Repair Issues:

 

Misc./no major repairs . Operations Summary:Similar to the experience of the larger US lodging market, hotel performance significantly impacted by Covid-19. 2021 operatons: Occ 43.5% (84.1% index), ADR $77.25 (101% index), RevPar

 

$33.57 (84.9% index). December saw a RevPar i ndex of 102.9%. Marketing Summary: The property is listed for sale with CBRE in an upcoming auction.

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 25 of 30

 


 

                   

 

 

 

 

Modified Loan Detail

 

 

 

 

 

Pre-Modification

Post-Modification

 

 

 

Modification

Modification

 

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

            Balance

Rate

           Balance

Rate

 

 

 

 

Pros ID

Loan Number

 

 

 

 

Code¹

Date

Date

Date

1

28000779

0.00

4.96000%

0.00

4.96000%

9

08/03/20

05/06/20

10/06/20

1

28000779

0.00

4.96000%

0.00

4.96000%

9

05/10/21

05/06/20

10/06/20

1A

656100482

0.00

4.96000%

0.00

4.96000%

9

08/03/20

05/06/20

10/06/20

7

304951007

0.00

4.90000%

0.00

4.90000%

10

07/31/20

08/06/20

10/06/20

8

406100334

0.00

4.99000%

0.00

4.99000%

2

12/23/20

12/23/20

01/06/21

10

304951010

29,871,644.90

4.44850%

29,871,644.90

4.44850%

10

06/29/20

05/06/20

08/06/20

15

407000560

0.00

4.95000%

0.00

4.95000%

1

10/06/20

10/06/20

10/06/20

21

304951021

14,200,000.00

4.16000%

14,200,000.00

4.16000%

10

06/04/20

06/06/20

08/06/20

23

304951023

13,000,000.00

4.01000%

13,000,000.00

4.01000%

10

06/04/20

06/06/20

08/06/20

43

28000782

4,260,788.49

4.91000%

4,260,788.49

4.91000%

10

07/29/20

06/06/20

09/08/20

48

407000544

3,452,404.13

5.24800%

3,452,404.13

5.24800%

10

09/06/20

09/06/20

09/08/20

Totals

 

64,784,837.52

 

64,784,837.52

 

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

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Page 26 of 30

 


 

                         

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

 

Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹

Number            Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

15

407000560          09/13/21

19,397,943.37

33,900,000.00

20,879,880.69

1,508,015.20

20,879,880.69

19,371,865.49

26,077.88

0.00

(9,962.52)

36,040.40

0.17%

36

28000789           01/12/22

6,324,536.80

3,900,000.00

5,850,000.00

1,716,213.96

5,618,898.21

3,902,684.25

2,421,852.55

(357.21)

(582.95)

2,422,435.50

33.00%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

25,722,480.17

37,800,000.00

26,729,880.69

3,224,229.16

26,498,778.90

23,274,549.74

2,447,930.43

(357.21)

(10,545.47)

2,458,475.90

 

 

Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

 

 

 

 

 

 

 

 

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Page 27 of 30

 


 

                       

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

 

Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID

Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

Deal

Deal

09/13/21

0.00

0.00

0.00

26,077.88

0.00

(26,077.88)

0.00

0.00

(26,077.88)

15

407000560

02/11/22

0.00

0.00

36,040.40

0.00

0.00

4,797.50

0.00

0.00

36,040.40

 

 

11/15/21

0.00

0.00

31,242.90

0.00

0.00

5,165.02

0.00

0.00

 

 

 

09/13/21

0.00

0.00

26,077.88

0.00

0.00

26,077.88

0.00

0.00

 

36

28000789

05/12/22

0.00

0.00

2,422,435.50

0.00

0.00

357.21

0.00

0.00

2,422,435.50

 

 

04/12/22

0.00

0.00

2,422,078.29

0.00

0.00

111.20

0.00

0.00

 

 

 

03/11/22

0.00

0.00

2,421,967.09

0.00

0.00

114.54

0.00

0.00

 

 

 

01/12/22

0.00

0.00

2,421,852.55

0.00

0.00

2,421,852.55

0.00

0.00

 

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

357.21

0.00

0.00

357.21

Cumulative Totals

 

0.00

0.00

2,458,475.90

26,077.88

0.00

2,432,398.02

0.00

0.00

2,432,398.02

 

 

 

 

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Page 28 of 30

 


 

                         

 

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

Collected

Monthly

Liquidation

Work Out

ASER

PPIS / (PPIE)

Interest

Advances

Interest

(Refunds)

(Excess)

4

0.00

0.00

9,583.33

0.00

0.00

35,269.57

0.00

0.00

0.00

0.00

0.00

0.00

8

0.00

0.00

0.00

0.00

2,102.43

0.00

0.00

0.00

0.00

0.00

0.00

0.00

25

0.00

0.00

2,130.13

0.00

0.00

22,209.84

0.00

0.00

0.00

0.00

0.00

0.00

56

0.00

0.00

1,000.00

0.00

0.00

384.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

12,713.46

0.00

2,102.43

57,863.41

0.00

0.00

0.00

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

72,679.30

 

 

 

 

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Page 29 of 30

 


 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 30 of 30