Distribution Date:

01/18/23

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32

Determination Date:

01/11/23

 

Next Distribution Date:

02/17/23

 

Record Date:

12/30/22

Commercial Mortgage Pass-Through Certificates

 

 

Series 2016 C32

 

           

Table of Contents

 

 

Contacts

 

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2

Depositor

Banc of America Merrill Lynch Commercial Mortgage Inc.

 

 

 

Certificate Factor Detail

3

 

Leland F. Bunch, III

(646) 855-3953

 

 

Certificate Interest Reconciliation Detail

4

 

Bank of America Tower, One Bryant Park | New York, NY 10036 | United States

 

 

 

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 | United States

Bond / Collateral Reconciliation - Balances

7

Special Servicer

Midland Loan Services

 

 

Current Mortgage Loan and Property Stratification

8-12

 

askmidlandls.com

(913) 253-9000

 

Mortgage Loan Detail (Part 1)

13-14

 

10851 Mastin Street, Building 82, Suite 300 | Overland Park, KS 66210 | United States

 

 

Mortgage Loan Detail (Part 2)

15-16

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

 

 

Representations Reviewer

 

 

 

Principal Prepayment Detail

17

 

 

 

 

 

 

 

David Rodgers

(212) 230-9025

 

Historical Detail

18

 

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

 

 

Delinquency Loan Detail

19

Certificate Administrator

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

 

 

Collateral Stratification and Historical Detail

20

 

Bank, N.A.

 

 

 

 

 

Corporate Trust Services (CMBS)

 

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

Specially Serviced Loan Detail - Part 1

21

 

 

 

trustadministrationgroup@wellsfargo.com

Specially Serviced Loan Detail - Part 2

22

 

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

 

 

 

Modified Loan Detail

23

Trustee

Wilmington Trust, National Association

 

 

 

Historical Liquidated Loan Detail

24

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

 

 

 

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

 

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

 

 

 

 

 

Directing Certificateholder

Eightfold Real Estate Capital, L.P.

 

 

Interest Shortfall Detail - Collateral Level

26

 

 

 

 

 

 

 

-

 

 

Supplemental Notes

27

 

 

 

 

 

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 and any credit risk retention 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 27

 


 

 

                         

 

 

 

 

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

61691GAN0

1.968000%

36,900,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

61691GAP5

3.297000%

6,800,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-SB

61691GAQ3

3.514000%

58,600,000.00

47,531,976.52

834,722.21

139,189.47

0.00

0.00

973,911.68

46,697,254.31

32.33%

30.00%

A-3

61691GAR1

3.459000%

190,000,000.00

180,194,840.17

0.00

519,411.63

0.00

0.00

519,411.63

180,194,840.17

32.33%

30.00%

A-4

61691GAS9

3.720000%

342,567,000.00

342,567,000.00

0.00

1,061,957.70

0.00

0.00

1,061,957.70

342,567,000.00

32.33%

30.00%

A-S

61691GAV2

3.994000%

65,754,000.00

65,754,000.00

0.00

218,851.23

0.00

0.00

218,851.23

65,754,000.00

24.52%

22.75%

B

61691GAW0

4.095000%

44,214,000.00

44,214,000.00

0.00

150,880.27

0.00

0.00

150,880.27

44,214,000.00

19.26%

17.88%

C

61691GAX8

4.273972%

43,080,000.00

43,080,000.00

0.00

153,435.58

0.00

0.00

153,435.58

43,080,000.00

14.15%

13.13%

D

61691GAC4

3.396000%

48,749,000.00

48,749,000.00

0.00

137,959.67

0.00

0.00

137,959.67

48,749,000.00

8.35%

7.75%

E

61691GAE0

4.273972%

23,807,000.00

23,807,000.00

0.00

84,792.04

0.00

0.00

84,792.04

23,807,000.00

5.52%

5.13%

F

61691GAG5

4.273972%

10,203,000.00

10,203,000.00

0.00

36,339.44

0.00

0.00

36,339.44

10,203,000.00

4.31%

4.00%

G*

61691GAJ9

4.273972%

36,278,869.00

36,278,869.00

0.00

127,365.99

0.00

0.00

127,365.99

36,278,869.00

0.00%

0.00%

R

61691GAL4

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

906,952,869.01

842,379,685.69

834,722.21

2,630,183.02

0.00

0.00

3,464,905.23

841,544,963.48

 

 

 

 

X-A

61691GAT7

0.653609%

634,867,000.00

570,293,816.69

0.00

310,624.24

0.00

0.00

310,624.24

569,459,094.48

 

 

X-B

61691GAU4

0.239363%

109,968,000.00

109,968,000.00

0.00

21,935.26

0.00

0.00

21,935.26

109,968,000.00

 

 

X-D

61691GAA8

0.877972%

48,749,000.00

48,749,000.00

0.00

35,666.87

0.00

0.00

35,666.87

48,749,000.00

 

 

Notional SubTotal

 

793,584,000.00

729,010,816.69

0.00

368,226.37

0.00

0.00

368,226.37

728,176,094.48

 

 

 

Deal Distribution Total

 

 

 

834,722.21

2,998,409.39

0.00

0.00

3,833,131.60

 

 

 

 

*

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 2 of 27

 


 

 

                     

 

 

 

 

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

61691GAN0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

61691GAP5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

61691GAQ3

811.12587918

14.24440631

2.37524693

0.00000000

0.00000000

0.00000000

0.00000000

16.61965324

796.88147287

A-3

61691GAR1

948.39389563

0.00000000

2.73374542

0.00000000

0.00000000

0.00000000

0.00000000

2.73374542

948.39389563

A-4

61691GAS9

1,000.00000000

0.00000000

3.10000000

0.00000000

0.00000000

0.00000000

0.00000000

3.10000000

1,000.00000000

A-S

61691GAV2

1,000.00000000

0.00000000

3.32833333

0.00000000

0.00000000

0.00000000

0.00000000

3.32833333

1,000.00000000

B

61691GAW0

1,000.00000000

0.00000000

3.41249989

0.00000000

0.00000000

0.00000000

0.00000000

3.41249989

1,000.00000000

C

61691GAX8

1,000.00000000

0.00000000

3.56164299

0.00000000

0.00000000

0.00000000

0.00000000

3.56164299

1,000.00000000

D

61691GAC4

1,000.00000000

0.00000000

2.83000000

0.00000000

0.00000000

0.00000000

0.00000000

2.83000000

1,000.00000000

E

61691GAE0

1,000.00000000

0.00000000

3.56164321

0.00000000

0.00000000

0.00000000

0.00000000

3.56164321

1,000.00000000

F

61691GAG5

1,000.00000000

0.00000000

3.56164265

0.00000000

0.00000000

0.00000000

0.00000000

3.56164265

1,000.00000000

G

61691GAJ9

1,000.00000000

0.00000000

3.51074864

0.05089436

4.15269837

0.00000000

0.00000000

3.51074864

1,000.00000000

R

61691GAL4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

                 

X-A

61691GAT7

898.28864422

0.00000000

0.48927451

0.00000000

0.00000000

0.00000000

0.00000000

0.48927451

896.97384567

X-B

61691GAU4

1,000.00000000

0.00000000

0.19946948

0.00000000

0.00000000

0.00000000

0.00000000

0.19946948

1,000.00000000

X-D

61691GAA8

1,000.00000000

0.00000000

0.73164311

0.00000000

0.00000000

0.00000000

0.00000000

0.73164311

1,000.00000000

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 3 of 27

 


 

 

                         

 

 

 

 

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-SB

12/01/22 - 12/30/22

30

0.00

139,189.47

0.00

139,189.47

0.00

0.00

0.00

139,189.47

0.00

 

A-3

12/01/22 - 12/30/22

30

0.00

519,411.63

0.00

519,411.63

0.00

0.00

0.00

519,411.63

0.00

 

A-4

12/01/22 - 12/30/22

30

0.00

1,061,957.70

0.00

1,061,957.70

0.00

0.00

0.00

1,061,957.70

0.00

 

X-A

12/01/22 - 12/30/22

30

0.00

310,624.24

0.00

310,624.24

0.00

0.00

0.00

310,624.24

0.00

 

X-B

12/01/22 - 12/30/22

30

0.00

21,935.26

0.00

21,935.26

0.00

0.00

0.00

21,935.26

0.00

 

A-S

12/01/22 - 12/30/22

30

0.00

218,851.23

0.00

218,851.23

0.00

0.00

0.00

218,851.23

0.00

 

B

12/01/22 - 12/30/22

30

0.00

150,880.27

0.00

150,880.27

0.00

0.00

0.00

150,880.27

0.00

 

C

12/01/22 - 12/30/22

30

0.00

153,435.58

0.00

153,435.58

0.00

0.00

0.00

153,435.58

0.00

 

X-D

12/01/22 - 12/30/22

30

0.00

35,666.87

0.00

35,666.87

0.00

0.00

0.00

35,666.87

0.00

 

D

12/01/22 - 12/30/22

30

0.00

137,959.67

0.00

137,959.67

0.00

0.00

0.00

137,959.67

0.00

 

E

12/01/22 - 12/30/22

30

0.00

84,792.04

0.00

84,792.04

0.00

0.00

0.00

84,792.04

0.00

 

F

12/01/22 - 12/30/22

30

0.00

36,339.44

0.00

36,339.44

0.00

0.00

0.00

36,339.44

0.00

 

G

12/01/22 - 12/30/22

30

148,280.69

129,212.38

0.00

129,212.38

1,846.39

0.00

0.00

127,365.99

150,655.20

 

Totals

 

 

148,280.69

3,000,255.78

0.00

3,000,255.78

1,846.39

0.00

0.00

2,998,409.39

150,655.20

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 4 of 27

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

3,833,131.60

 

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

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

Page 5 of 27

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,113,917.12

Master Servicing Fee

6,851.18

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

4,512.03

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

362.69

ARD Interest

0.00

Operating Advisor Fee

1,237.88

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

398.96

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,113,917.12

Total Fees

13,652.74

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

834,722.21

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

0.00

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)

1,846.39

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

834,722.21

Total Expenses/Reimbursements

1,846.39

 

 

 

Interest Reserve Deposit

100,008.53

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,998,409.39

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

834,722.21

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

3,833,131.60

Total Funds Collected

3,948,639.33

Total Funds Distributed

3,948,639.26

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 6 of 27

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

         Total

Beginning Scheduled Collateral Balance

842,379,685.84

842,379,685.84

Beginning Certificate Balance

842,379,685.69

(-) Scheduled Principal Collections

834,722.21

834,722.21

(-) Principal Distributions

834,722.21

(-) Unscheduled Principal Collections

0.00

0.00

(-) 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

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

841,544,963.63

841,544,963.63

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

842,384,639.00

842,384,639.00

Ending Certificate Balance

841,544,963.48

Ending Actual Collateral Balance

841,549,916.79

841,549,916.79

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.15)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.15)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.27%

 

 

 

 

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.

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 7 of 27

 


 

 

                             

 

 

 

 

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

4

31,023,623.40

3.69%

42

4.6369

NAP

Defeased

4

31,023,623.40

3.69%

42

4.6369

NAP

 

5,000,000 or Less

16

59,608,596.80

7.08%

46

4.6107

1.975304

1.30 or Less

8

128,991,668.68

15.33%

46

4.3528

1.144842

5,000,001 - 10,000,000

10

76,473,610.49

9.09%

46

4.4896

1.965690

1.31 - 1.40

1

2,786,600.56

0.33%

47

4.7800

1.369100

10,000,001 - 15,000,000

4

49,843,345.49

5.92%

45

4.3996

1.360526

1.41 - 1.50

5

55,343,901.81

6.58%

46

4.6743

1.464543

15,000,001 - 25,000,000

10

210,138,266.75

24.97%

47

4.7104

1.650167

1.51 - 1.60

5

87,365,340.24

10.38%

46

4.6773

1.561387

25,000,001 - 50,000,000

7

254,457,520.70

30.24%

46

4.2326

2.390645

1.61 - 1.70

3

35,057,083.61

4.17%

47

4.7234

1.634456

 

50,000,001 or Greater

3

160,000,000.00

19.01%

46

3.5260

3.795492

1.71 - 1.80

8

90,625,901.18

10.77%

46

4.5598

1.734755

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

1.81 - 2.50

10

123,117,651.15

14.63%

46

4.4748

2.154378

 

 

 

 

 

 

 

 

2.51 - 3.00

2

36,483,193.00

4.34%

45

4.2870

2.612750

 

 

 

 

 

 

 

 

3.01 or Greater

8

250,750,000.00

29.80%

46

3.7496

3.805425

 

 

 

 

 

 

 

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

(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.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 8 of 27

 


 

 

                           

 

 

 

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

6

31,023,623.40

3.69%

42

4.6369

NAP

Totals

74

841,544,963.63

100.00%

46

4.2925

2.310680

Alabama

1

7,719,228.11

0.92%

46

4.4510

1.763100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Arizona

1

2,613,875.65

0.31%

48

4.6800

1.294900

 

 

 

 

 

 

 

California

11

157,032,712.19

18.66%

47

4.2682

2.610589

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Colorado

1

6,274,441.29

0.75%

46

4.7300

2.254300

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Florida

6

48,714,417.45

5.79%

47

5.2371

1.829498

Defeased

6

31,023,623.40

3.69%

42

4.6369

NAP

Georgia

2

57,798,097.06

6.87%

46

3.7827

3.612032

Industrial

6

76,046,263.44

9.04%

46

4.4275

2.646078

Hawaii

2

63,000,000.00

7.49%

46

4.1995

3.544100

Lodging

3

85,052,443.47

10.11%

46

4.6689

3.152327

Illinois

4

20,632,698.01

2.45%

48

4.7779

1.420910

Mixed Use

3

48,189,179.61

5.73%

47

4.8237

1.657645

Maryland

2

47,128,412.67

5.60%

47

4.7336

1.604060

Mobile Home Park

1

7,098,220.18

0.84%

46

4.5180

2.250400

Michigan

4

20,580,461.30

2.45%

45

4.3509

1.615980

Multi-Family

13

85,363,850.80

10.14%

45

4.2889

1.711044

Minnesota

1

17,110,996.36

2.03%

47

4.5600

1.490400

Office

4

142,040,958.13

16.88%

46

4.0151

3.155590

Missouri

1

4,887,473.02

0.58%

48

4.6800

1.295000

Retail

35

347,477,979.42

41.29%

46

4.1866

1.963322

New Mexico

1

4,427,201.65

0.53%

48

4.6800

1.295000

Self Storage

3

19,252,445.17

2.29%

47

4.1023

2.937494

New York

3

74,851,705.97

8.89%

46

3.8903

2.767684

Totals

74

841,544,963.63

100.00%

46

4.2925

2.310680

North Carolina

1

3,323,707.66

0.39%

47

4.5300

1.628300

 

 

 

 

 

 

 

Ohio

4

35,971,108.81

4.27%

45

4.7855

1.723716

 

 

 

 

 

 

 

Oklahoma

2

9,446,549.44

1.12%

44

3.9600

1.287300

 

 

 

 

 

 

 

Pennsylvania

3

35,171,552.31

4.18%

46

4.3661

1.918213

 

 

 

 

 

 

 

South Carolina

2

8,610,201.04

1.02%

47

4.9491

1.777795

 

 

 

 

 

 

 

Tennessee

4

81,845,094.31

9.73%

46

4.3593

1.283797

 

 

 

 

 

 

 

Texas

5

25,582,729.18

3.04%

47

4.4597

1.173790

 

 

 

 

 

 

 

Utah

1

6,410,816.79

0.76%

47

4.8300

1.741300

 

 

 

 

 

 

 

Virginia

3

57,538,331.93

6.84%

46

3.1149

3.967550

 

 

 

 

 

 

 

Washington

3

13,849,528.01

1.65%

44

4.1710

1.168400

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 9 of 27

 


 

 

                             

 

 

 

 

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

4

31,023,623.40

3.69%

42

4.6369

NAP

Defeased

4

31,023,623.40

3.69%

42

4.6369

NAP

 

4.5000 or Less

24

504,952,701.89

60.00%

46

3.9456

2.775167

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.5001 - 5.0000

21

267,831,568.00

31.83%

47

4.7203

1.617538

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0001 - 5.5000

4

15,684,626.87

1.86%

47

5.0611

1.201868

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.5001 or Greater

1

22,052,443.47

2.62%

47

6.0100

2.033100

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

49 months or greater

50

810,521,340.23

96.31%

46

4.2793

2.342001

 

 

 

 

 

 

 

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

(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.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 10 of 27

 


 

 

                             

 

 

 

 

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

4

31,023,623.40

3.69%

42

4.6369

NAP

Defeased

4

31,023,623.40

3.69%

42

4.6369

NAP

 

60 Months or Less

50

810,521,340.23

96.31%

46

4.2793

2.342001

Interest Only

9

282,250,000.00

33.54%

46

3.7998

3.672926

 

61 - 120 Months

0

0.00

0.00%

0

0.0000

0.000000

180 Months or Less

1

2,238,058.50

0.27%

46

5.1400

0.674200

 

121 Months or Greater

0

0.00

0.00%

0

0.0000

0.000000

181 - 300 Months

40

526,033,281.73

62.51%

46

4.5330

1.634971

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

301 Months or Greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

(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.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 11 of 27

 


 

 

                         

 

 

 

 

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

Underwriter's Information

2

36,201,574.71

4.30%

46

4.1926

4.112852

 

 

 

None

 

 

Totals

54

841,544,963.63

100.00%

46

4.2925

2.310680

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 12 of 27

 


 

 

                                 

 

 

 

 

 

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

306931008

LO

Honolulu

HI

Actual/360

4.199%

113,911.44

0.00

0.00

N/A

11/01/26

--

31,500,000.00

31,500,000.00

01/01/23

 

1A

306931009

LO

Honolulu

HI

Actual/360

4.199%

113,911.44

0.00

0.00

N/A

11/01/26

--

31,500,000.00

31,500,000.00

01/01/23

 

2

453011433

OF

Atlanta

GA

Actual/360

3.732%

176,751.67

0.00

0.00

N/A

11/05/26

--

55,000,000.00

55,000,000.00

01/05/23

 

3

453011434

RT

Memphis

TN

Actual/360

4.146%

167,854.05

0.00

0.00

N/A

11/01/26

--

47,015,747.08

47,015,747.08

01/01/23

 

3A

453011460

RT

Memphis

TN

Actual/360

4.146%

16,785.41

0.00

0.00

N/A

11/01/26

--

4,701,574.71

4,701,574.71

01/01/23

 

4

300801560

OF

Palo Alto

CA

Actual/360

3.840%

175,253.33

0.00

0.00

N/A

12/01/26

--

53,000,000.00

53,000,000.00

01/01/23

 

5

300801515

RT

Woodbridge

VA

Actual/360

2.988%

133,805.54

0.00

0.00

N/A

11/01/26

--

52,000,000.00

52,000,000.00

01/01/23

 

6

300801551

IN

Various

Various

Actual/360

4.158%

152,171.25

0.00

0.00

N/A

11/01/26

--

42,500,000.00

42,500,000.00

01/01/23

 

7

1648062

RT

Big Flats

NY

Actual/360

3.650%

124,158.87

60,197.33

0.00

N/A

11/01/26

--

39,502,599.77

39,442,402.44

01/01/23

 

8

695100730

MU

Sebastopol

CA

Actual/360

4.765%

144,139.60

51,817.34

0.00

N/A

12/06/26

--

35,128,629.63

35,076,812.29

01/06/23

 

9

307101009

RT

Spring Hill

TN

Actual/360

4.730%

111,849.49

38,272.15

0.00

N/A

11/01/26

--

27,460,831.04

27,422,558.89

01/01/23

 

10

300801521

MF

Rialto

CA

Actual/360

4.269%

90,765.75

46,058.04

0.00

N/A

11/06/26

--

24,690,306.36

24,644,248.32

01/06/23

 

11

307101011

OF

Westlake

OH

Actual/360

4.716%

93,923.39

59,480.76

0.00

N/A

11/01/26

--

23,128,142.45

23,068,661.69

01/01/23

 

12

695100729

IN

Gaithersburg

MD

Actual/360

4.786%

98,279.17

35,032.88

0.00

N/A

12/06/26

--

23,846,771.87

23,811,738.99

01/06/23

 

13

1648130

RT

Lanham

MD

Actual/360

4.680%

94,097.87

32,674.04

0.00

N/A

12/01/26

--

23,349,347.72

23,316,673.68

01/01/23

 

14

695100719

RT

Various

Various

Actual/360

4.680%

88,636.83

38,233.40

0.00

N/A

01/06/27

--

21,994,251.56

21,956,018.16

01/06/23

 

15

1648012

LO

Tampa

FL

Actual/360

6.010%

114,281.56

29,764.90

0.00

N/A

12/01/26

--

22,082,208.37

22,052,443.47

01/01/23

 

16

300801543

RT

Lancaster

PA

Actual/360

4.381%

77,380.78

35,038.04

0.00

N/A

11/01/26

--

20,511,651.63

20,476,613.59

01/01/23

 

17

695100722

RT

Various

Various

Actual/360

4.680%

73,565.79

31,732.51

0.00

N/A

01/06/27

--

18,254,538.66

18,222,806.15

01/06/23

 

18

307101018

IN

Norton

MA

Actual/360

4.520%

72,708.79

23,787.34

0.00

N/A

05/06/26

--

18,680,535.32

18,656,747.98

01/01/23

 

19

1648136

RT

Roseville

MN

Actual/360

4.560%

67,285.62

24,560.57

0.00

N/A

12/01/26

--

17,135,556.93

17,110,996.36

01/01/23

 

20

1647947

RT

Livonia

MI

Actual/360

4.163%

55,592.00

29,608.51

0.00

N/A

10/01/26

--

15,507,674.85

15,478,066.34

01/01/23

 

21

300801509

MF

Seattle

WA

Actual/360

4.171%

49,826.86

23,272.05

0.00

N/A

09/01/26

--

13,872,800.06

13,849,528.01

01/01/23

 

22

307101022

RT

New Port Richey

FL

Actual/360

4.470%

49,222.88

20,075.24

0.00

N/A

11/01/26

--

12,787,931.71

12,767,856.47

01/01/23

 

23

307101023

MF

Galveston

TX

Actual/360

4.220%

44,597.51

19,004.02

0.00

N/A

10/01/26

--

12,272,668.59

12,253,664.57

01/01/23

 

24

695100728

OF

Laguna Hills

CA

Actual/360

4.807%

45,495.15

18,565.65

0.00

N/A

12/06/26

--

10,990,862.09

10,972,296.44

01/06/23

 

25

1647852

MF

Stillwater

OK

Actual/360

3.960%

32,276.83

18,797.72

0.00

N/A

09/01/26

--

9,465,347.16

9,446,549.44

01/01/23

 

26

695100727

IN

Indianapolis

IN

Actual/360

4.765%

36,197.27

15,012.81

0.00

N/A

09/06/26

--

8,821,728.23

8,806,715.42

01/06/23

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

 

Page 13 of 27

 


 

 

                                 

 

 

 

 

 

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

 

27

307101027

RT

Various

Various

Actual/360

4.780%

38,123.61

11,081.36

0.00

N/A

12/01/26

--

9,262,046.35

9,250,964.99

01/01/23

 

28

307101028

MU

Elmhurst

IL

Actual/360

4.920%

35,708.06

11,634.87

0.00

N/A

12/01/26

--

8,428,337.14

8,416,702.27

01/01/23

 

29

300801557

SS

San Carlos

CA

Actual/360

4.024%

30,319.72

0.00

0.00

N/A

12/01/26

--

8,750,000.00

8,750,000.00

01/01/23

 

30

307101030

MF

State College

PA

Actual/360

4.520%

29,647.07

12,760.44

0.00

N/A

10/01/26

--

7,617,002.69

7,604,242.25

01/01/23

 

31

300801545

RT

Guntersville

AL

Actual/360

4.451%

29,632.99

12,180.58

0.00

N/A

11/01/26

--

7,731,408.69

7,719,228.11

01/01/23

 

32

695100713

MH

LaBelle

FL

Actual/360

4.518%

27,660.12

11,437.05

0.00

N/A

11/06/26

--

7,109,657.23

7,098,220.18

01/06/23

 

34

307101034

IN

West Valley City

UT

Actual/360

4.830%

26,708.59

10,803.13

0.00

N/A

12/01/26

--

6,421,619.92

6,410,816.79

01/01/23

 

35

307101035

RT

Aurora

CO

Actual/360

4.730%

25,600.26

10,830.72

0.00

N/A

11/01/26

--

6,285,272.01

6,274,441.29

01/01/23

 

36

307101036

RT

Various

FL

Actual/360

5.020%

17,359.53

6,529.65

0.00

N/A

12/01/26

--

4,015,826.42

4,009,296.77

01/01/23

 

37

307101037

Various     Various

FL

Actual/360

5.020%

7,585.02

2,853.05

0.00

N/A

10/01/26

--

1,754,662.53

1,751,809.48

01/01/23

 

38

300801550

SS

Oakland

CA

Actual/360

4.298%

20,391.93

7,314.29

0.00

N/A

12/01/26

--

5,509,759.46

5,502,445.17

01/01/23

 

39

307101039

MF

Columbus

OH

Actual/360

4.840%

20,799.97

7,468.96

0.00

N/A

07/01/26

--

4,990,661.96

4,983,193.00

01/01/23

 

40

307101040

RT

Elyria

OH

Actual/360

5.030%

20,571.13

7,708.34

0.00

N/A

12/01/26

--

4,749,314.89

4,741,606.55

01/01/23

 

41

300801559

RT

Bakersfield

CA

Actual/360

4.807%

19,411.54

7,367.98

0.00

N/A

12/01/26

--

4,689,500.31

4,682,132.33

01/01/23

 

42

300801558

SS

San Carlos

CA

Actual/360

4.024%

17,325.56

0.00

0.00

N/A

12/01/26

--

5,000,000.00

5,000,000.00

01/01/23

 

43

307101043

MU

Columbia

SC

Actual/360

5.090%

20,609.88

6,506.89

0.00

N/A

12/01/26

--

4,702,171.94

4,695,665.05

01/01/23

 

44

300801533

MF

Hawthorne

CA

Actual/360

4.269%

14,391.69

7,302.89

0.00

N/A

11/06/26

--

3,914,859.62

3,907,556.73

01/06/23

 

47

300801520

MF

North Hills

CA

Actual/360

4.269%

13,737.52

6,970.95

0.00

N/A

11/06/26

--

3,736,910.87

3,729,939.92

01/06/23

 

49

307101049

MF

Columbus

OH

Actual/360

4.840%

13,263.58

4,762.76

0.00

N/A

07/01/26

--

3,182,410.33

3,177,647.57

01/01/23

 

50

307101050

IN

Charlotte

NC

Actual/360

4.530%

12,981.63

4,204.64

0.00

N/A

12/01/26

--

3,327,912.30

3,323,707.66

01/01/23

 

51

307101051

RT

Alma

MI

Actual/360

4.750%

11,746.01

7,352.92

0.00

N/A

11/01/26

--

2,871,689.38

2,864,336.46

01/01/23

 

52

307101052

RT

Various

MI

Actual/360

5.140%

9,977.42

16,160.54

0.00

N/A

11/01/26

--

2,254,219.04

2,238,058.50

01/01/23

 

53

307101053

RT

Sanford

FL

Actual/360

4.780%

11,489.46

4,737.71

0.00

N/A

12/01/26

--

2,791,338.27

2,786,600.56

01/01/23

 

54

300801556

RT

Manassas

VA

Actual/360

3.902%

10,080.17

0.00

0.00

N/A

12/01/26

--

3,000,000.00

3,000,000.00

01/01/23

 

55

300801526

MF

Glendale

CA

Actual/360

4.269%

6,508.97

3,302.90

0.00

N/A

11/06/26

--

1,770,583.89

1,767,280.99

01/06/23

 

56

300801544

SS

Tucson

AZ

Actual/360

4.848%

7,559.55

2,464.29

0.00

N/A

11/01/26

--

1,810,814.81

1,808,350.52

01/01/23

 

Totals

 

 

 

 

 

 

3,113,917.12

834,722.21

0.00

 

 

 

842,379,685.84

841,544,963.63

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

 

Page 14 of 27

 


 

 

                           

 

 

 

 

 

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

76,563,485.71

159,055,258.40

10/01/21

09/30/22

--

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

21,444,815.00

13,427,950.00

01/01/22

06/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

11,942,465.32

11,466,969.00

07/01/21

06/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

0.00

6,002,884.51

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

37,763,756.61

27,928,122.34

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

24,894,111.90

18,652,788.84

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

5,093,787.12

2,634,718.20

01/01/22

06/30/22

--

0.00

0.00

0.00

0.00

593.25

0.00

 

 

8

3,735,220.28

3,089,641.22

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

3,118,702.00

2,223,313.64

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

2,654,426.51

2,810,462.32

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

9,988,513.11

5,010,274.52

01/01/22

06/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

2,669,206.70

2,024,510.10

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,306,071.00

2,028,310.13

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

1,971,476.10

1,478,606.58

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

2,816,531.68

3,964,326.38

10/01/21

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

2,230,944.92

1,711,638.58

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,636,427.43

1,227,322.80

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

19

1,529,311.24

1,319,963.11

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

2,075,442.56

1,471,957.20

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

0.00

1,048,178.77

10/01/21

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

1,529,693.48

1,159,773.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

871,084.09

628,678.57

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,318,842.86

961,437.43

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

835,967.69

627,002.80

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 15 of 27

 


 

 

                           

 

 

 

 

 

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

 

27

692,400.88

693,194.20

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

900,261.62

744,803.21

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

1,114,331.07

1,143,628.00

10/01/21

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

797,211.57

551,432.85

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

815,096.62

473,079.89

01/01/22

06/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

1,002,638.42

809,269.12

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

759,981.00

644,299.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

520,972.43

845,846.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

221,462.43

148,478.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

38

647,387.22

482,852.10

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

898,946.93

469,819.94

01/01/22

06/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

585,810.15

500,394.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

417,718.60

412,455.98

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

732,478.15

747,410.04

10/01/21

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

441,684.00

488,897.00

10/01/21

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

531,678.00

475,653.25

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

431,726.00

333,937.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

643,950.09

394,783.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

361,078.62

272,045.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

0.00

165,905.00

01/01/22

06/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

255,699.00

188,624.00

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

53

266,609.70

199,957.12

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

591,771.88

401,567.32

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

0.00

188,997.50

01/01/22

09/30/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

56

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

Totals

232,621,177.69

283,731,416.96

 

 

 

0.00

0.00

0.00

0.00

593.25

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 16 of 27

 


 

 

           

 

 

 

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.

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 17 of 27

 


 

 

                                           

 

 

 

 

 

 

 

 

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

                                         

01/18/23

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.292513%

4.273695%

46

12/16/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.292793%

4.273972%

47

11/18/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.293097%

4.274272%

48

10/17/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.293374%

4.274545%

49

09/16/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.293674%

4.274842%

50

08/17/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.293946%

4.275111%

51

07/15/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.294217%

4.275379%

52

06/17/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.294512%

4.275670%

53

05/17/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.294780%

4.275934%

54

04/18/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.295071%

4.276222%

55

03/17/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.295334%

4.276483%

56

02/17/22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.295673%

4.276817%

57

(1) Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 18 of 27

 


 

 

                               

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

No delinquent loans this period

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 19 of 27

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

           Total

         Performing

Non-Performing

        REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

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

 

841,544,964

841,544,964

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

   Current

     30-59 Days

   60-89 Days

90+ Days

 

REO/Foreclosure

 

 

Jan-23

841,544,964

841,544,964

0

0

0

 

0

 

Dec-22

842,379,686

842,379,686

0

0

0

 

0

 

Nov-22

843,275,691

843,275,691

0

0

0

 

0

 

Oct-22

844,103,619

844,103,619

0

0

0

 

0

 

Sep-22

844,993,073

844,993,073

0

0

0

 

0

 

Aug-22

845,814,259

845,814,259

0

0

0

 

0

 

Jul-22

846,632,223

846,632,223

0

0

0

 

0

 

Jun-22

847,512,073

847,512,073

0

0

0

 

0

 

May-22

848,323,373

848,323,373

0

0

0

 

0

 

Apr-22

849,196,798

849,196,798

0

0

0

 

0

 

Mar-22

850,001,486

850,001,486

0

0

0

 

0

 

Feb-22

850,999,626

850,999,626

0

0

0

 

0

 

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

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

Page 20 of 27

                   

 


 

 

                     

 

 

 

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

 

 

 

 

No specially serviced loans this period

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 21 of 27

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

 

 

 

 

 

No specially serviced loans this period

 

 

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

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

Page 22 of 27

 


 

 

                   

 

 

 

 

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

3

453011434

47,015,747.08

4.14600%

46,702,921.13                                 4.14600%

10

12/31/20

05/01/20

03/11/21

3A

453011460

4,701,574.71

4.14600%

4,670,292.12                                 4.14600%

10

12/31/20

05/01/20

03/11/21

15

1648012

22,991,510.66

6.01000%

22,991,510.66                                6.01000%

10

06/01/20

06/01/20

06/11/20

Totals

 

74,708,832.45

 

74,364,723.91

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 23 of 27

 


 

 

                       

 

 

 

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

 

 

 

 

No liquidated loans this period

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 24 of 27

 


 

 

                     

 

 

 

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

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 25 of 27

 


 

 

                         

 

 

 

 

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)

3

0.00

0.00

0.00

0.00

1,678.54

0.00

0.00

0.00

0.00

0.00

0.00

0.00

3A

0.00

0.00

0.00

0.00

167.85

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

0.00

0.00

1,846.39

0.00

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

1,846.39

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 26 of 27

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

Page 27 of 27