Distribution Date:

04/17/25

Wells Fargo Commercial Mortgage Trust 2018-C45

Determination Date:

04/11/25

 

Next Distribution Date:

05/16/25

 

Record Date:

03/31/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2018-C45

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

 

Certificate Factor Detail

3

 

Attention: A.J. Sfarra

 

cmbsnotices@wellsfargo.com

Certificate Interest Reconciliation Detail

4

 

30 Hudson Yards, 15th Floor | New York, NY 10001 | United States

 

 

 

 

Master Servicer

Trimont LLC

 

 

Additional Information

5

 

 

 

 

 

 

 

Attention: CMBS Servicing

 

trimont.commercial.servicing@cms.trimont.com

Bond / Collateral Reconciliation - Cash Flows

6

 

 

 

 

 

 

 

550 S. Tryon Street, Suite 2400 | Charlotte, NC 28202 | United States

 

Bond / Collateral Reconciliation - Balances

7

Special Servicer

LNR Partners, LLC

 

 

Current Mortgage Loan and Property Stratification

8-12

 

Heather Bennett and Arne Shulkin

 

hbennett@starwood.com; ashulkin@lnrpartners.com;

Mortgage Loan Detail (Part 1)

13-14

 

 

 

lnr.cmbs.notices@lnrproperty.com

 

 

 

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

 

Mortgage Loan Detail (Part 2)

15-16

 

 

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Principal Prepayment Detail

17

Representations Reviewer

 

 

 

Historical Detail

18

 

David Rodgers

(212) 310-9821

 

Delinquency Loan Detail

19

 

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

 

 

 

 

Certificate Administrator

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

 

 

Collateral Stratification and Historical Detail

20

 

Bank, N.A.

 

 

Specially Serviced Loan Detail - Part 1

21

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 2

22

 

 

 

trustadministrationgroup@computershare.com

 

 

 

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

Historical Bond / Collateral Loss Reconciliation Detail

25

 

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

 

 

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.

   

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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

95001NAU2

3.131000%

14,405,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

95001NAV0

3.417000%

5,559,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-SB

95001NAW8

4.147000%

37,388,000.00

23,874,110.12

581,023.43

82,504.95

0.00

0.00

663,528.38

23,293,086.69

33.58%

30.00%

A-3

95001NAX6

3.920000%

180,000,000.00

143,713,818.79

0.00

469,465.14

0.00

0.00

469,465.14

143,713,818.79

33.58%

30.00%

A-4

95001NAY4

4.184000%

223,783,000.00

223,783,000.00

0.00

780,256.73

0.00

0.00

780,256.73

223,783,000.00

33.58%

30.00%

A-S

95001NBB3

4.405000%

46,114,000.00

46,114,000.00

0.00

169,276.81

0.00

0.00

169,276.81

46,114,000.00

25.74%

23.00%

B

95001NBC1

4.556000%

32,115,000.00

32,115,000.00

0.00

121,929.95

0.00

0.00

121,929.95

32,115,000.00

20.28%

18.13%

C

95001NBD9

4.727000%

32,115,000.00

32,115,000.00

0.00

126,506.34

0.00

0.00

126,506.34

32,115,000.00

14.83%

13.25%

D

95001NAC2

3.000000%

21,174,000.00

21,174,000.00

0.00

52,935.00

0.00

0.00

52,935.00

21,174,000.00

11.23%

10.04%

E-RR

95001NAE8

5.005262%

14,234,000.00

14,234,000.00

0.00

59,370.75

0.00

0.00

59,370.75

14,234,000.00

8.81%

7.88%

F-RR

95001NAG3

5.005262%

8,235,000.00

8,235,000.00

0.00

34,348.61

0.00

0.00

34,348.61

8,235,000.00

7.41%

6.63%

G-RR

95001NAJ7

5.005262%

9,881,000.00

9,881,000.00

0.00

41,214.16

0.00

0.00

41,214.16

9,881,000.00

5.73%

5.13%

H-RR

95001NAL2

5.005262%

7,411,000.00

7,411,000.00

0.00

30,911.66

0.00

0.00

30,911.66

7,411,000.00

4.47%

4.00%

J-RR*

95001NAN8

5.005262%

26,351,419.00

26,297,546.30

0.00

35,099.69

0.00

0.00

35,099.69

26,297,546.30

0.00%

0.00%

V

95001NAQ1

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

95001NAS7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

658,765,419.00

588,947,475.21

581,023.43

2,003,819.79

0.00

0.00

2,584,843.22

588,366,451.78

 

 

 

 

X-A

95001NAZ1

0.920461%

461,135,000.00

391,370,928.91

0.00

300,201.56

0.00

0.00

300,201.56

390,789,905.48

 

 

X-B

95001NBA5

0.462598%

110,344,000.00

110,344,000.00

0.00

42,537.43

0.00

0.00

42,537.43

110,344,000.00

 

 

X-D

95001NAA6

2.005262%

21,174,000.00

21,174,000.00

0.00

35,382.85

0.00

0.00

35,382.85

21,174,000.00

 

 

Notional SubTotal

 

592,653,000.00

522,888,928.91

0.00

378,121.84

0.00

0.00

378,121.84

522,307,905.48

 

 

 

Deal Distribution Total

 

 

 

581,023.43

2,381,941.63

0.00

0.00

2,962,965.06

 

 

 

 

*

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.

 

 

 

 

 

 

 

 

 

 

 

 

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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

95001NAU2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

95001NAV0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

95001NAW8

638.55007275

15.54037204

2.20672275

0.00000000

0.00000000

0.00000000

0.00000000

17.74709479

623.00970071

A-3

95001NAX6

798.41010439

0.00000000

2.60813967

0.00000000

0.00000000

0.00000000

0.00000000

2.60813967

798.41010439

A-4

95001NAY4

1,000.00000000

0.00000000

3.48666668

0.00000000

0.00000000

0.00000000

0.00000000

3.48666668

1,000.00000000

A-S

95001NBB3

1,000.00000000

0.00000000

3.67083337

0.00000000

0.00000000

0.00000000

0.00000000

3.67083337

1,000.00000000

B

95001NBC1

1,000.00000000

0.00000000

3.79666667

0.00000000

0.00000000

0.00000000

0.00000000

3.79666667

1,000.00000000

C

95001NBD9

1,000.00000000

0.00000000

3.93916674

0.00000000

0.00000000

0.00000000

0.00000000

3.93916674

1,000.00000000

D

95001NAC2

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

E-RR

95001NAE8

1,000.00000000

0.00000000

4.17105171

0.00000000

0.00000000

0.00000000

0.00000000

4.17105171

1,000.00000000

F-RR

95001NAG3

1,000.00000000

0.00000000

4.17105161

0.00000000

0.00000000

0.00000000

0.00000000

4.17105161

1,000.00000000

G-RR

95001NAJ7

1,000.00000000

0.00000000

4.17105151

0.00000000

0.00000000

0.00000000

0.00000000

4.17105151

1,000.00000000

H-RR

95001NAL2

1,000.00000000

0.00000000

4.17105114

0.00000000

0.00000000

0.00000000

0.00000000

4.17105114

1,000.00000000

J-RR

95001NAN8

997.95560535

0.00000000

1.33198482

2.83053941

28.47938815

0.00000000

0.00000000

1.33198482

997.95560535

V

95001NAQ1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

95001NAS7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

95001NAZ1

848.71226194

0.00000000

0.65100580

0.00000000

0.00000000

0.00000000

0.00000000

0.65100580

847.45227640

X-B

95001NBA5

1,000.00000000

0.00000000

0.38549835

0.00000000

0.00000000

0.00000000

0.00000000

0.38549835

1,000.00000000

X-D

95001NAA6

1,000.00000000

0.00000000

1.67105176

0.00000000

0.00000000

0.00000000

0.00000000

1.67105176

1,000.00000000

 

 

 

 

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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

03/01/25 - 03/30/25

30

0.00

82,504.95

0.00

82,504.95

0.00

0.00

0.00

82,504.95

0.00

 

A-3

03/01/25 - 03/30/25

30

0.00

469,465.14

0.00

469,465.14

0.00

0.00

0.00

469,465.14

0.00

 

A-4

03/01/25 - 03/30/25

30

0.00

780,256.73

0.00

780,256.73

0.00

0.00

0.00

780,256.73

0.00

 

X-A

03/01/25 - 03/30/25

30

0.00

300,201.56

0.00

300,201.56

0.00

0.00

0.00

300,201.56

0.00

 

X-B

03/01/25 - 03/30/25

30

0.00

42,537.43

0.00

42,537.43

0.00

0.00

0.00

42,537.43

0.00

 

X-D

03/01/25 - 03/30/25

30

0.00

35,382.85

0.00

35,382.85

0.00

0.00

0.00

35,382.85

0.00

 

A-S

03/01/25 - 03/30/25

30

0.00

169,276.81

0.00

169,276.81

0.00

0.00

0.00

169,276.81

0.00

 

B

03/01/25 - 03/30/25

30

0.00

121,929.95

0.00

121,929.95

0.00

0.00

0.00

121,929.95

0.00

 

C

03/01/25 - 03/30/25

30

0.00

126,506.34

0.00

126,506.34

0.00

0.00

0.00

126,506.34

0.00

 

D

03/01/25 - 03/30/25

30

0.00

52,935.00

0.00

52,935.00

0.00

0.00

0.00

52,935.00

0.00

 

E-RR

03/01/25 - 03/30/25

30

0.00

59,370.75

0.00

59,370.75

0.00

0.00

0.00

59,370.75

0.00

 

F-RR

03/01/25 - 03/30/25

30

0.00

34,348.61

0.00

34,348.61

0.00

0.00

0.00

34,348.61

0.00

 

G-RR

03/01/25 - 03/30/25

30

0.00

41,214.16

0.00

41,214.16

0.00

0.00

0.00

41,214.16

0.00

 

H-RR

03/01/25 - 03/30/25

30

0.00

30,911.66

0.00

30,911.66

0.00

0.00

0.00

30,911.66

0.00

 

J-RR

03/01/25 - 03/30/25

30

673,076.12

109,688.42

0.00

109,688.42

74,588.73

0.00

0.00

35,099.69

750,472.29

 

Totals

 

 

673,076.12

2,456,530.36

0.00

2,456,530.36

74,588.73

0.00

0.00

2,381,941.63

750,472.29

 

 

 

 

 

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Page 4 of 27

 


 
 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

2,962,965.06

 

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

 

 

 

 

 

 

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Page 5 of 27

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

2,467,686.39

Master Servicing Fee

4,000.37

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,131.27

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

253.33

ARD Interest

0.00

Operating Advisor Fee

1,248.00

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

233.06

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

2,467,686.39

Total Fees

11,156.03

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

581,023.43

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

64,880.54

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

8,654.14

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)

1,054.05

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

581,023.43

Total Expenses/Reimbursements

74,588.73

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,381,941.63

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

581,023.43

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

2,962,965.06

Total Funds Collected

3,048,709.82

Total Funds Distributed

3,048,709.82

 

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Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

588,947,475.21

588,947,475.21

Beginning Certificate Balance

588,947,475.21

(-) Scheduled Principal Collections

581,023.43

581,023.43

(-) Principal Distributions

581,023.43

(-) 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

588,366,451.78

588,366,451.78

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

589,239,017.55

589,239,017.55

Ending Certificate Balance

588,366,451.78

Ending Actual Collateral Balance

588,712,529.17

588,712,529.17

 

 

 

 

 

 

 

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

5.01%

 

 

 

 

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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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

6

33,160,548.48

5.64%

37

5.0682

NAP

Defeased

6

33,160,548.48

5.64%

37

5.0682

NAP

 

1,000,000 or less

0

0.00

0.00%

0

0.0000

0.000000

1.30 or less

5

59,990,123.49

10.20%

38

5.1235

0.788065

1,000,001 to 2,000,000

3

4,919,382.15

0.84%

38

5.8020

1.524565

1.31 to 1.40

4

96,235,500.76

16.36%

37

4.9690

1.338937

2,000,001 to 3,000,000

5

11,668,213.58

1.98%

36

5.2563

2.018690

1.41 to 1.50

3

36,054,993.97

6.13%

38

5.1377

1.471120

3,000,001 to 4,000,000

3

10,145,567.38

1.72%

37

5.2568

1.821488

1.51 to 1.75

3

17,591,739.94

2.99%

37

5.1488

1.689177

4,000,001 to 5,000,000

0

0.00

0.00%

0

0.0000

0.000000

1.76 to 2.00

12

195,191,870.37

33.18%

38

4.8835

1.856932

5,000,001 to 6,000,000

1

5,505,266.60

0.94%

38

4.9700

1.753700

2.01 to 3.00

10

130,141,674.77

22.12%

37

4.6772

2.552932

6,000,001 to 7,000,000

4

25,855,726.10

4.39%

38

5.3303

1.687643

3.01 or greater

1

20,000,000.00

3.40%

36

3.7086

3.198200

7,000,001 to 8,000,000

1

7,400,000.00

1.26%

38

4.9800

1.822200

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

8,000,001 to 9,000,000

2

16,735,174.88

2.84%

38

4.8711

1.109164

 

 

 

 

 

 

 

9,000,001 to 10,000,000

2

19,888,862.31

3.38%

37

5.1280

1.570961

 

 

 

 

 

 

 

10,000,001 to 15,000,000

4

51,852,362.72

8.81%

38

4.9902

1.686101

 

 

 

 

 

 

 

15,000,001 to 20,000,000

4

70,642,629.53

12.01%

37

4.6060

2.417136

 

 

 

 

 

 

 

20,000,001 to 30,000,000

4

103,063,621.54

17.52%

38

4.9211

1.733683

 

 

 

 

 

 

 

30,000,001 to 50,000,000

4

164,240,322.11

27.91%

38

4.7265

2.011423

 

 

 

 

 

 

 

 

50,000,001 or greater

1

63,288,774.40

10.76%

36

4.7580

1.330700

 

 

 

 

 

 

 

 

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 27

 


 
 

 

                           

 

 

 

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

6

33,160,548.48

5.64%

37

5.0682

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

6

33,160,548.48

5.64%

37

5.0682

NAP

Alabama

2

6,922,906.30

1.18%

36

4.5824

1.981466

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

1

13,264,268.89

2.25%

38

4.6080

1.868100

Arizona

1

12,435,488.83

2.11%

38

4.9860

1.955300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

4

33,378,388.01

5.67%

38

5.1208

1.451621

California

11

171,598,910.15

29.17%

38

4.7751

1.908892

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

2

3,815,026.20

0.65%

37

5.4702

1.103866

Colorado

3

17,077,172.73

2.90%

37

5.3200

1.917400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

6

23,142,232.42

3.93%

37

5.3252

1.980857

Connecticut

1

3,135,349.25

0.53%

37

5.4700

1.121400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

2

62,030,289.04

10.54%

39

5.0445

1.602795

Delaware

1

25,978,953.64

4.42%

37

4.6550

1.910300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

8

119,383,332.09

20.29%

38

4.5869

1.870829

Florida

5

11,347,302.57

1.93%

36

4.7588

2.571061

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

33

207,525,451.16

35.27%

37

4.7761

1.719555

Georgia

4

17,847,628.70

3.03%

37

5.2375

1.592299

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

18

92,666,915.48

15.75%

38

5.0681

2.316335

Illinois

3

4,439,825.18

0.75%

36

4.2700

2.344100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

80

588,366,451.78

100.00%

37

4.8703

1.809795

Indiana

1

1,550,000.00

0.26%

36

4.2700

2.344100

 

 

 

 

 

 

 

 

Louisiana

3

4,885,286.11

0.83%

36

4.2700

2.344100

 

 

 

 

 

 

 

 

Maryland

1

2,875,000.00

0.49%

36

4.2700

2.344100

 

 

 

 

 

 

 

 

Michigan

1

1,715,026.20

0.29%

37

5.8500

0.401100

 

 

 

 

 

 

 

 

New Mexico

1

2,247,492.12

0.38%

38

5.5700

1.926100

 

 

 

 

 

 

 

 

New York

3

12,015,542.90

2.04%

37

5.1622

1.999097

 

 

 

 

 

 

 

 

North Carolina

3

25,832,197.53

4.39%

38

5.3823

1.385863

 

 

 

 

 

 

 

 

Ohio

7

21,754,376.38

3.70%

37

4.4761

2.053869

 

 

 

 

 

 

 

 

Pennsylvania

1

40,145,322.11

6.82%

38

5.1000

0.845500

 

 

 

 

 

 

 

 

Tennessee

4

25,444,939.47

4.32%

37

4.8658

1.818290

 

 

 

 

 

 

 

 

Texas

12

56,432,862.22

9.59%

38

4.8356

2.642757

 

 

 

 

 

 

 

 

Virginia

3

70,313,774.40

11.95%

36

4.7092

1.431948

 

 

 

 

 

 

 

 

Washington

2

18,280,765.28

3.11%

37

5.0159

1.887895

 

 

 

 

 

 

 

 

Wyoming

1

929,781.22

0.16%

36

4.2700

2.344100

 

 

 

 

 

 

 

 

Totals

80

588,366,451.78

100.00%

37

4.8703

1.809795

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

6

33,160,548.48

5.64%

37

5.0682

NAP

Defeased

6

33,160,548.48

5.64%

37

5.0682

NAP

 

4.250% or less

1

20,000,000.00

3.40%

36

3.7086

3.198200

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.251% to 4.500%

2

67,143,955.75

11.41%

37

4.2678

2.120040

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.501% to 4.750%

5

111,837,514.47

19.01%

38

4.6744

2.444714

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.751% to 5.000%

8

155,050,989.69

26.35%

37

4.8387

1.538024

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.001% to 5.250%

9

95,149,788.72

16.17%

38

5.1012

1.271736

49 months or greater

38

555,205,903.30

94.36%

37

4.8585

1.832746

 

5.251% to 5.500%

5

59,700,381.28

10.15%

37

5.3305

1.570266

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

 

5.501% to 5.750%

6

43,205,799.74

7.34%

38

5.5965

1.863802

 

 

 

 

 

 

 

 

5.751% to 6.000%

2

3,117,473.65

0.53%

37

5.8725

1.308256

 

 

 

 

 

 

 

 

6.001% or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

 

 

 

 

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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

6

33,160,548.48

5.64%

37

5.0682

NAP

Defeased

6

33,160,548.48

5.64%

37

5.0682

NAP

 

56 months or less

38

555,205,903.30

94.36%

37

4.8585

1.832746

Interest Only

8

141,481,150.00

24.05%

37

4.5633

2.183077

 

57 months or greater

0

0.00

0.00%

0

0.0000

0.000000

300 months or less

30

413,724,753.30

70.32%

37

4.9595

1.712943

 

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

301 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

(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.

 

 

 

 

 

 

 

 

 

 

 

 

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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

 

Defeased

6

33,160,548.48

5.64%

37

5.0682

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

35

511,098,062.87

86.87%

37

4.8331

1.914684

 

 

 

 

 

 

13 months to 24 months

3

44,107,840.43

7.50%

38

5.1531

0.883282

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

44

588,366,451.78

100.00%

37

4.8703

1.809795

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

 

 

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Page 12 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

   Principal             Anticipated         Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

    Adjustments        Repay Date

Date

Date

Balance

Balance

Date

1

310944618

RT

Leesburg

VA

Actual/360

4.758%

259,636.74

81,052.86

0.00

N/A

04/01/28

--

63,369,827.26

63,288,774.40

04/01/25

2

310945061

SS

Various

Various

Actual/360

4.680%

194,649.00

0.00

0.00

N/A

06/11/28

--

48,300,000.00

48,300,000.00

04/11/25

3

310741003

OF

Pittsburgh

PA

Actual/360

5.100%

176,544.37

54,535.05

0.00

N/A

06/11/28

--

40,199,857.16

40,145,322.11

10/11/24

4

310945371

MF

Sacramento

CA

Actual/360

4.845%

158,539.17

0.00

0.00

N/A

07/11/28

--

38,000,000.00

38,000,000.00

04/11/25

5

883100845

Various     Various

Various

Actual/360

4.270%

138,970.12

0.00

0.00

N/A

04/06/28

--

37,795,000.00

37,795,000.00

04/06/25

6

310944763

OF

San Diego

CA

Actual/360

4.265%

107,930.19

38,683.29

0.00

N/A

06/11/28

--

29,387,639.04

29,348,955.75

04/11/25

7

883100852

RT

Newark

DE

Actual/360

4.655%

104,302.48

41,552.78

0.00

N/A

05/06/28

--

26,020,506.42

25,978,953.64

04/06/25

8

300571828

MF

Fayetteville

NC

Actual/360

5.360%

111,045.66

28,713.46

0.00

N/A

06/06/28

--

24,059,002.50

24,030,289.04

04/06/25

9

300571830

SS

Thousand Oaks

CA

Actual/360

5.580%

114,044.67

29,159.94

0.00

N/A

06/06/28

--

23,734,583.05

23,705,423.11

04/06/25

10

883100859

OF

San Francisco

CA

Actual/360

3.709%

63,870.33

0.00

0.00

04/06/28

04/06/31

--

20,000,000.00

20,000,000.00

04/06/25

11

310945340

RT

Franklin

TN

30/360

4.839%

70,971.56

34,433.50

0.00

N/A

05/11/28

--

17,599,890.30

17,565,456.80

04/11/25

12

300571824

MH

Pueblo

CO

Actual/360

5.320%

78,342.66

24,062.04

0.00

N/A

05/06/28

--

17,101,234.77

17,077,172.73

04/06/25

13

310943929

OF

Roseville

CA

Actual/360

4.710%

64,893.33

0.00

0.00

N/A

06/11/28

--

16,000,000.00

16,000,000.00

04/11/25

14

300571836

RT

Montclair

CA

Actual/360

5.120%

60,928.20

0.00

0.00

N/A

07/06/28

--

13,819,400.00

13,819,400.00

04/06/25

15

883100865

LO

Tucson

AZ

Actual/360

4.986%

53,484.30

21,550.99

0.00

N/A

06/06/28

--

12,457,039.82

12,435,488.83

04/06/25

16

883100863

IN

New Albany

OH

Actual/360

4.608%

52,701.42

17,339.81

0.00

06/06/28

06/06/30

--

13,281,608.70

13,264,268.89

04/06/25

17

883100860

SS

Evans

GA

Actual/360

5.260%

55,942.21

17,583.28

0.00

N/A

05/06/28

--

12,350,788.28

12,333,205.00

04/06/25

20

883100853

LO

Sumner

WA

Actual/360

5.245%

45,179.31

16,632.82

0.00

N/A

05/06/28

--

10,003,106.16

9,986,473.34

04/06/25

21

310945147

IN

Lysander

NY

Actual/360

4.840%

38,818.41

16,525.61

0.00

N/A

06/11/28

--

9,313,935.80

9,297,410.19

04/11/25

22

600944624

RT

Various

Various

Actual/360

5.010%

42,777.94

13,301.04

0.00

N/A

05/11/28

--

9,915,690.01

9,902,388.97

04/11/25

23

883100862

LO

Lancaster

CA

Actual/360

5.000%

36,405.52

14,592.53

0.00

N/A

06/06/28

--

8,455,475.47

8,440,882.94

04/06/25

24

883100850

OF

Dripping Springs

TX

Actual/360

4.918%

36,954.77

12,345.07

0.00

N/A

05/06/28

02/06/28

8,726,152.21

8,713,807.14

04/06/25

25

883100861

RT

Spokane

WA

Actual/360

4.740%

33,907.54

12,986.49

0.00

N/A

06/06/28

--

8,307,278.43

8,294,291.94

04/06/25

26

310741026

OF

Uniontown

OH

Actual/360

5.480%

34,641.25

15,079.88

0.00

N/A

06/11/28

--

7,340,976.19

7,325,896.31

04/11/25

27

310741027

OF

Houston

TX

Actual/360

5.650%

31,257.11

15,473.71

0.00

N/A

06/11/28

--

6,424,527.94

6,409,054.23

04/11/25

28

310945442

RT

Forest Hills

NY

Actual/360

4.980%

31,733.67

0.00

0.00

N/A

06/11/28

--

7,400,000.00

7,400,000.00

04/11/25

29

310741029

SS

Sonora

CA

Actual/360

5.550%

31,232.39

8,732.71

0.00

N/A

06/11/28

--

6,535,111.59

6,526,378.88

04/11/25

31

883100864

RT

Fulshear

TX

Actual/360

5.071%

28,656.42

8,954.84

0.00

N/A

06/06/28

--

6,562,497.83

6,553,542.99

04/06/25

 

 

 

 

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Page 13 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

    Principal            Anticipated           Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

   Adjustments         Repay Date

Date

Date

Balance

Balance

Date

32

410943868

RT

Rancho Cucamonga               CA

Actual/360

5.050%

27,686.52

0.00

0.00

N/A

05/11/28

--

6,366,750.00

6,366,750.00

04/11/25

33

410944776

RT

Vacaville

CA

Actual/360

4.970%

23,601.96

9,567.40

0.00

N/A

06/11/28

--

5,514,834.00

5,505,266.60

04/11/25

34

310741034

SS

The Woodlands

TX

Actual/360

5.110%

24,247.50

7,551.02

0.00

N/A

04/11/28

--

5,510,446.65

5,502,895.63

04/11/25

36

410944648

RT

Vacaville

CA

Actual/360

5.050%

16,921.38

5,362.23

0.00

N/A

05/11/28

--

3,891,215.10

3,885,852.87

04/11/25

38

310741038

RT

Waterbury

CT

Actual/360

5.470%

14,791.99

5,014.80

0.00

N/A

05/11/28

--

3,140,364.05

3,135,349.25

04/11/25

39

310741039

RT

Mableton

GA

Actual/360

5.300%

14,282.77

5,152.89

0.00

N/A

05/11/28

--

3,129,518.15

3,124,365.26

04/11/25

40

310741040

LO

Batavia

NY

Actual/360

5.700%

12,366.19

3,885.02

0.00

N/A

04/11/28

--

2,519,427.92

2,515,542.90

04/11/25

41

310741041

RT

Waycross

GA

Actual/360

5.040%

10,388.39

3,578.67

0.00

N/A

04/11/28

--

2,393,637.11

2,390,058.44

04/11/25

42

310741042

MH

Sebring

FL

Actual/360

4.800%

9,995.40

3,121.23

0.00

N/A

01/11/28

--

2,418,241.35

2,415,120.12

04/11/25

43

310741043

MH

Albuquerque

NM

Actual/360

5.570%

10,796.67

3,508.05

0.00

N/A

06/11/28

--

2,251,000.17

2,247,492.12

04/11/25

44

410944742

MU

Brooklyn

NY

Actual/360

5.160%

9,331.00

0.00

0.00

N/A

05/11/28

--

2,100,000.00

2,100,000.00

04/11/25

45

310741045

SS

Various

NC

Actual/360

5.680%

8,826.81

2,755.86

0.00

N/A

06/11/28

--

1,804,664.36

1,801,908.50

04/11/25

46

310741046

MU

Garfield

MI

Actual/360

5.850%

8,652.32

2,556.56

0.00

N/A

05/11/28

--

1,717,582.76

1,715,026.20

04/11/25

47

310741047

MH

Bend

OR

Actual/360

4.830%

6,661.94

2,551.46

0.00

N/A

12/11/27

10/11/27

1,601,748.92

1,599,197.46

04/11/25

48

310741048

MH

Tampa

FL

Actual/360

5.900%

7,135.67

2,057.95

0.00

N/A

06/11/28

--

1,404,505.40

1,402,447.45

04/11/25

49

310741049

MH

Cape Canaveral

FL

Actual/360

5.850%

3,639.14

1,068.59

0.00

N/A

06/11/28

--

722,410.34

721,341.75

04/11/25

Totals

 

 

 

 

 

 

2,467,686.39

581,023.43

0.00

 

 

 

588,947,475.21

588,366,451.78

 

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 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

11,427,117.18

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

6,855,351.73

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

3,224,973.00

1,775,210.00

01/01/23

09/30/23

12/11/24

14,788,056.09

316,031.02

165,519.36

1,069,425.51

0.00

0.00

 

 

4

3,363,901.07

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

3,974,339.19

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

3,117,323.77

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

3,578,771.00

2,657,554.25

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

2,302,661.24

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

3,133,022.81

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

30,234,427.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

19,854,139.22

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

2,391,066.77

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,161,264.56

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

1,579,374.47

838,551.34

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

2,021,134.51

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,379,105.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,348,440.74

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

1,406,551.04

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

22

1,031,492.86

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

128,250.53

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

25

1,319,219.17

0.00

--

--

--

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

 

27

1,343,407.00

1,007,555.49

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

705,688.43

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

791,295.28

504,856.09

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

562,716.22

474,912.30

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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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

 

32

667,686.02

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

717,471.52

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

36

467,389.12

449,874.73

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

311,406.54

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

537,011.03

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

626,531.52

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

249,564.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

365,223.84

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

334,937.80

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

199,685.31

140,523.16

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

45

251,986.08

202,746.12

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

68,842.30

0.00

--

--

--

0.00

0.00

0.00

0.00

322.57

0.00

 

 

47

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

48

272,577.04

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

Totals

114,305,346.26

8,051,783.48

 

 

 

14,788,056.09

316,031.02

165,519.36

1,069,425.51

322.57

0.00

 

 

 

 

 

 

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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.

 

 

 

 

 

 

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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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

04/17/25

0

0.00

0

0.00

1

40,145,322.11

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.870327%

4.831258%

37

03/17/25

0

0.00

0

0.00

1

40,199,857.16

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.870464%

4.831386%

38

02/18/25

0

0.00

0

0.00

1

40,271,194.18

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.870645%

4.831556%

39

01/17/25

0

0.00

0

0.00

1

40,325,178.86

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.870780%

4.831682%

40

12/17/24

0

0.00

0

0.00

1

40,378,927.49

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.870913%

4.831808%

41

11/18/24

0

0.00

0

0.00

1

40,438,144.79

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871061%

4.831947%

42

10/18/24

0

0.00

1

40,491,399.48

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871192%

4.832070%

43

09/17/24

1

40,550,140.80

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871338%

4.832207%

44

08/16/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871468%

4.832329%

45

07/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871596%

4.832450%

46

06/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871739%

4.832584%

47

05/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.871904%

4.832740%

48

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

3

310741003

10/11/24

5

6

 

165,519.36

1,069,425.51

201,141.09

40,491,399.48

11/18/22

2

 

 

 

 

Totals

 

 

 

 

 

165,519.36

1,069,425.51

201,141.09

40,491,399.48

 

 

 

 

 

 

 

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 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

 

124,220,396

124,220,396

0

 

 

0

 

37 - 48 Months

 

430,881,787

390,736,465

         40,145,322

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

33,264,269

33,264,269

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

     Total

      Current

         30-59 Days

       60-89 Days

   90+ Days

        REO/Foreclosure

 

 

Apr-25

588,366,452

548,221,130

0

0

40,145,322

0

 

Mar-25

588,947,475

548,747,618

0

0

40,199,857

0

 

Feb-25

589,684,914

549,413,720

0

0

40,271,194

0

 

Jan-25

590,260,281

549,935,102

0

0

40,325,179

0

 

Dec-24

590,833,181

550,454,253

0

0

40,378,927

0

 

Nov-24

591,456,826

551,018,681

0

0

40,438,145

0

 

Oct-24

592,024,596

551,533,196

0

40,491,399

0

 

0

 

Sep-24

592,643,288

552,093,147

40,550,141

0

0

 

0

 

Aug-24

593,205,970

593,205,970

0

0

0

 

0

 

Jul-24

593,766,241

593,766,241

0

0

0

 

0

 

Jun-24

594,377,694

594,377,694

0

0

0

 

0

 

May-24

594,895,726

594,895,726

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.

 

 

 

 

 

 

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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

3

310741003

40,145,322.11

40,491,399.48

26,350,000.00

09/12/24

1,758,521.00

0.84550

09/30/23

06/11/28

278

Totals

 

40,145,322.11

40,491,399.48

26,350,000.00

 

1,758,521.00

 

 

 

 

 

 

 

 

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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

 

3

310741003

OF

PA

11/18/22

2

 

 

 

 

A Receiver as appointed on 2/5/25. The foreclosure process continues to move forward.

 

 

 

 

 

 

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 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

11

310945340

19,377,494.65

4.83900%

19,377,494.65               4.83900%

10

07/08/20

06/11/20

08/11/20

11

310945340

0.00

4.83900%

0.00

          4.83900%

10

12/29/21

06/11/20

08/11/20

Totals

 

19,377,494.65

 

19,377,494.65

 

 

 

 

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 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

18

310741018           05/17/21

13,000,000.00

138,420,000.00

13,461,532.75

461,532.75

13,461,532.75

13,000,000.00

0.00

0.00

0.00

0.00

0.00%

30

310944542           02/17/22

6,611,561.33

6,800,000.00

9,870,361.62

866,100.28

8,535,701.08

7,669,600.80

0.00

0.00

(526.84)

526.84

0.00%

37

310741037           06/16/23

3,804,332.57

5,100,000.00

5,417,246.41

934,618.94

5,417,246.41

4,482,627.47

49,965.77

0.00

(2,278.00)

52,243.77

1.27%

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

23,415,893.90

150,320,000.00

28,749,140.78

2,262,251.97

27,414,480.24

25,152,228.27

49,965.77

0.00

(2,804.84)

52,770.61

 

 

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

 

 

 

 

 

 

 

 

 

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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

18

310741018

05/17/21

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

30

310944542

04/17/23

0.00

0.00

526.84

0.00

0.00

(369.87)

0.00

0.00

1,629.14

 

 

02/17/23

0.00

0.00

526.84

0.00

0.00

369.87

0.00

0.00

 

 

 

01/18/23

0.00

0.00

526.84

0.00

0.00

184.62

0.00

0.00

 

 

 

10/17/22

0.00

0.00

342.22

0.00

0.00

(331.28)

0.00

0.00

 

 

 

05/17/22

0.00

0.00

1,775.80

0.00

0.00

1,102.30

0.00

0.00

 

 

 

04/18/22

0.00

0.00

673.50

0.00

0.00

329.40

0.00

0.00

 

 

 

02/25/22

0.00

0.00

0.00

0.00

0.00

344.10

0.00

0.00

 

37

310741037

10/17/23

0.00

0.00

52,243.77

0.00

0.00

2,278.00

0.00

0.00

52,243.77

 

 

06/16/23

0.00

0.00

49,965.77

0.00

0.00

49,965.77

0.00

0.00

 

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Cumulative Totals

 

0.00

0.00

52,770.61

0.00

0.00

53,872.91

0.00

0.00

53,872.91

 

 

 

 

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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

8,654.14

0.00

0.00

64,880.54

0.00

0.00

0.00

0.00

0.00

0.00

11

0.00

0.00

0.00

0.00

1,054.05

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

8,654.14

0.00

1,054.05

64,880.54

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

74,588.73

 

 

 

 

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Page 26 of 27

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27