Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Title:
Account Administrator
Email:
faseeh.ejaz@usbank.com
Website:
https://pivot.usbank.com/
P
ARTIES TO THE TRANSACTION
Mortgage Loan Seller:
Morgan Stanley Mortgage Capital Holdings LLC
Bank of America, National Association
Depositor:
Morgan Stanley Capital I Inc.
Certificate Administrator:
U.S. Bank
Master Servicer:
Wells Fargo Bank, National Association
Special Servicer:
LNR Partners, LLC
Trust Advisor:
Situs Holdings, LLC
* This report contains, or is based on, information furnished to U.S.
Bank Global Corporate Trust ("U.S. Bank") by one or more third parties (e.g. Servicers, Master Servicer, etc.), and U.S. Bank
has not independently verified information received from any such third party.
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C1
Commercial Mortgage Pass-Through Certificates, Series 2014-C
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C16
Through Certificates, Series 2014-C1
6
Totals:
1,266,931,846.00
224,722,164.74
46,530,273.67
812,056.86
47,342,330.53
0.00
0.00
178,191,891.07
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C16
Through Certificates, Series 2014-C16
April 202
5
PA
YMENT DE
T
AIL (EXCHANGE CERTIFIC
A
TES)
EXCHANGEABLE CERTIFICATE DETAIL
Totals:
209,044,000.00
57,351,155.43
46,530,273.67
229,049.68
46,759,323.35
0.00
0.00
10,820,881.76
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C16
Through Certificates, Series 2014-C16
April 202
5
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C1
Commercial Mortgage Pass-Through Certificates, Series 2014-C1
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C1
6
Through Certificates, Series 2014-C16
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C16
Through Certificates, Series 2014-C16
April 2025
Totals:
911,412.03
0.00
99,355.17
99,355.17
0.00
0.00
812,056.86
9,139,418.52
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C1
Commercial Mortgage Pass-Through Certificates, Series 2014-C1
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C16
Through Certificates, Series 2014-C1
6
Certificate Administrator Fee
Net Prepayment Interest Shortfall
Net Prepayment Interest Excess
Interest Reserve (Deposit)/Withdrawal
Special Serv Fee plus Adj.
Additional Trust Fund Expenses
Reimbursed for Interest on Advances
Other Expenses or Shortfalls
Available Distribution Amount
Additional Trust Fund Expenses
Payments to Certificateholders
Payments to Certificateholders
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Morgan Stanley Bank Of America Merrill Lynch Trust 2014-C16
Through Certificates, Series 2014-C16
April 2025
ADDITIONAL RECONCILI
A
TION DE
T
AIL
ADDITIONAL RECONCILIATION DETAIL
Interest Accrual Period
03/01/2025 - 03/31/2025
Weighted Average Remaining Term to Maturity
Weighted Average Mortgage Rate
TA Unused Fees Reserve Account
End Balance
Interest on Advances
(8,205.84)
0.00
0.00
Excess Liquidation Proceeds Account
Disclosable Special Servicer Fees
Specially Serviced Loans that are not Delinquent
Other
0.00
Current but not Specially Serviced Loans
(Foreclosure Proceedings Commenced, but not REO Property)
* Current advances are not provided by the Servicer
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
HISTORICAL LOAN MODIFIC
A
TION REPORT
See Loan Modification Report on trustee website
Servicer provided no comment
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
BOND/COLL
A
TERAL REALIZED LOSS RECONCILI
A
TION
*In the Initial Period the Current Realized Loss Applied to Certificates will equal Aggregate Realized Loss on Loans
- B - C - D + E instead of A - C - D + E
Prior Realized Loss Applied to Certificates
Reduction to Realized Loss applied to bonds (could represent OC, insurance policies, reserve accounts, etc)
Amounts classified by the Master as interest adjustments from general collections on a loan with a Realized Loss
Adjustments that are based on principal haircut or future interest foregone due to modification
Realized Loss Adjustments, Supplemental Recoveries or Expenses on a previously liquidated loan
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
April 2025
HISTORICAL DELINQUENCY & LIQUID
A
TION SUMMARY (S
TA
TED BALANCE)
Bankruptcy
Foreclosure
REO
Prepayments/Liquidation
Apr 2025
0
0.00
0.0
%
0
0.00
0.0
%
1
5,152,957.21
2.9
%
0
0.00
0.0
%
0
0.00
0.0
%
1
20,433,351.1
1
1
1.5
%
2
46,135,318.66
26.1%
Oct 2024
1
98,
1
13,848.54
39.7
%
0
0.00
0.0
%
5
20,842,593.66
8.4
%
0
0.00
0.0
%
0
0.00
0.0
%
1
20,433,351.1
1
8.3
%
0
0.00
0.0%
Jun 2024
2
120,258,998.94
46.4
%
2
6,135,272.67
2.4
%
1
3,791,319.15
1.5
%
0
0.00
0.0
%
0
0.00
0.0
%
0
0.00
0.0
%
12
98,159,926.40
37.9%
(1) Exclusive of loans in Bankruptcy, Foreclosure and REO
(2) Percentage in relation to Ending Scheduled Balance
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Delinquency Summary Report
* Percentages are based on scheduled balance as a percent of total pool scheduled balance.
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Loan ID
State
City
Property Type
Book Value
Scheduled Loan
REO Date
Total Exposure
Appraisal Value
Date
18,240,000.00
09/01/2024
12/31/2025
(*) Legend: (1) Partial Liq’n (Curtailment), (2) Payoff Prior T
o Maturity, (3) Disposition / Liquidation, (4) Repurchase/ Substitution, (5) Full Payoff At Maturity, (6) DPO, (7) Liquidated, (8) Payoff w/ penalty,
(9) Payoff w/ yield Maintenance, (10) Curtailment w/ Penalty, (11) Curtailment w/ Yield Maintenance
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
INTEREST ADJUSTMENT RECONCILI
A
TION
Total Interest Shortfall hitting the Trust:
*
T
otal shortfall may not match impact to bonds due to, but not limited to, the net effect of PPIE and Master Servicing fees received as per the governing documents.
**In some cases, the Servicer does not withhold their Servicing Fees on Non-Recoverable loans.
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Property
Transfer
Maturity
Neg
End Schedule
Note
Sched
Prepay
Prepay
Paid
Prepay
Loan
Interest
Yield Maint
PFY
Operating
Loan ID
Type
Date
Stat
Date
Am
Balance
Rate
P&I
Adj
Date
Thru
Premium
Status **
Payment
Charges
DSCR
Stmnt
* If State field is blank or ’XX’, loan has properties in multiple states.
** Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = 30-59 Days Delinquent; 2 = 60-89 Days Delinquent;
3 = 90-120 Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; 6 = 121+ Days Delinquent; R = Repurchased.
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
MORTGAGE LOAN CHARACTERISTICS
Remaining Principal Balance
Total
6
$177,028,112.86
100.00%
Total
6
$177,028,112.86
100.00%
Total Weighted Average Rate: 4.60%
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
MORTGAGE LOAN CHARACTERISTICS
Geographic Distribution by State
Total
6
$177,028,112.86
100.00%
Total
6
$177,028,112.86
100.00%
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
MORTGAGE LOAN CHARACTERISTICS
Total
6
$177,028,112.86
100.00%
Total Weighted Average Seasoning: 131
Remaining
T
erm to Maturity
Total Weighted Average Remaining Months: 1
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
MORTGAGE LOAN CHARACTERISTICS
Total
6
$177,028,112.86
100.00%
Total Weighted Average DSCR: 1.50
IO Maturity Balloon
47.70%
Total
6
$177,028,112.86
100.00%
IO/Amortizing/Balloon
46.39%
Morgan Stanley Bank of America Merrill Lynch
T
rust 2014-C16
Commercial Mortgage Pass-Through Certificates, Series 2014-C16
Count:
3
T
otals:
131,383.84
* Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = 30-59 Days Delinquent; 2 = 60-89 Days Delinquent;
3 = 90-120 Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; 6 = 121+ Days Delinquent.
** Current advances are not provided but are derived from information received from the Servicer
***Outstanding P&I Advances include the current period
P
&I Advances and may include Servicer Advance
s
.