Distribution Date:

06/17/25

Benchmark 2020-B17 Mortgage Trust

Determination Date:

06/11/25

 

Next Distribution Date:

07/17/25

 

Record Date:

05/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2020-B17

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

J.P. Morgan Chase Commercial Mortgage Securities Corp.

 

 

Certificate Factor Detail

3

 

Kunal Singh

(212) 834-5467

 

Certificate Interest Reconciliation Detail

4

 

383 Madison Avenue, 8th Floor | New York, NY 10179 | United States

 

 

 

Master Servicer

Midland Loan Services, a Division of PNC Bank, National

 

 

Additional Information

5

 

Association

 

 

Bond / Collateral Reconciliation - Cash Flows

6

 

Executive Vice President - Division Head

(913) 253-9000

askmidlandls.com

Bond / Collateral Reconciliation - Balances

7

 

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

 

Current Mortgage Loan and Property Stratification

8-12

Special Servicer

K-Star Asset Management LLC

 

 

Mortgage Loan Detail (Part 1)

13-14

 

Mike Stauber

(214) 390-7233

Michael.Stauber@kkr.com

 

 

 

5949 Sherry Lane, Suite 950 | Dallas, TX 75225 | United States

 

 

Mortgage Loan Detail (Part 2)

15-16

 

 

 

 

 

 

Operating Advisor & Asset

Pentalpha Surveillance LLC

 

 

Principal Prepayment Detail

17

Representations Reviewer

 

 

 

Historical Detail

18

 

Attention: Benchmark 2020-B17 Transaction Manager

 

notices@pentalphasurveillance.com

Delinquency Loan Detail

19

 

501 John James Audubon Parkway, Suite 401 | Amherst, NY 14228 | 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

 

 

 

 

 

 

Directing Certificateholder

KKR Real Estate Credit Opportunity Partners II L.P.

 

 

Historical Liquidated Loan Detail

24

 

-

 

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

 

 

 

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

08162MAU2

1.281700%

6,275,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

08162MAV0

2.210800%

188,000,000.00

101,495,149.03

512,715.01

186,987.90

0.00

0.00

699,702.91

100,982,434.02

33.43%

30.00%

A-4

08162MAW8

2.042200%

170,000,000.00

170,000,000.00

0.00

289,311.67

0.00

0.00

289,311.67

170,000,000.00

33.43%

30.00%

A-5

08162MAX6

2.289000%

263,938,000.00

263,938,000.00

0.00

503,461.73

0.00

0.00

503,461.73

263,938,000.00

33.43%

30.00%

A-SB

08162MAY4

2.176200%

12,900,000.00

12,478,328.26

203,320.77

22,629.45

0.00

0.00

225,950.22

12,275,007.49

33.43%

30.00%

A-S

08162MBB3

2.582500%

105,326,000.00

105,326,000.00

0.00

226,670.33

0.00

0.00

226,670.33

105,326,000.00

20.61%

18.50%

B

08162MBC1

2.916200%

41,214,000.00

41,214,000.00

0.00

100,156.89

0.00

0.00

100,156.89

41,214,000.00

15.60%

14.00%

C

08162MBD9

3.370700%

37,780,000.00

37,780,000.00

0.00

106,120.87

0.00

0.00

106,120.87

37,780,000.00

11.00%

9.88%

D

08162MAC2

2.250000%

21,752,000.00

21,752,000.00

0.00

40,785.00

0.00

0.00

40,785.00

21,752,000.00

8.36%

7.50%

E

08162MAE8

2.250000%

16,028,000.00

16,028,000.00

0.00

30,052.50

0.00

0.00

30,052.50

16,028,000.00

6.41%

5.75%

F-RR

08162MAH1

3.751511%

16,028,000.00

16,028,000.00

0.00

50,107.69

0.00

0.00

50,107.69

16,028,000.00

4.46%

4.00%

G-RR

08162MAK4

3.751511%

9,158,000.00

9,158,000.00

0.00

28,630.28

0.00

0.00

28,630.28

9,158,000.00

3.34%

3.00%

NR-RR*

08162MAM0

3.751511%

27,477,162.00

27,477,162.00

0.00

49,204.01

0.00

0.00

49,204.01

27,477,162.00

0.00%

0.00%

VRR Interest

08162MAT5

3.751511%

27,500,000.00

24,701,541.01

21,499.61

76,121.57

0.00

0.00

97,621.18

24,680,041.40

0.00%

0.00%

R

08162MAN8

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

S

08162MAR9

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

943,376,162.00

847,376,180.30

737,535.39

1,710,239.89

0.00

0.00

2,447,775.28

846,638,644.91

 

 

 

 

X-A

08162MAZ1

1.493721%

746,439,000.00

653,237,477.28

0.00

813,128.70

0.00

0.00

813,128.70

652,521,441.51

 

 

X-B

08162MBA5

0.617940%

78,994,000.00

78,994,000.00

0.00

40,677.97

0.00

0.00

40,677.97

78,994,000.00

 

 

X-D

08162MAA6

1.501511%

37,780,000.00

37,780,000.00

0.00

47,272.58

0.00

0.00

47,272.58

37,780,000.00

 

 

Notional SubTotal

 

863,213,000.00

770,011,477.28

0.00

901,079.25

0.00

0.00

901,079.25

769,295,441.51

 

 

 

Deal Distribution Total

 

 

 

737,535.39

2,611,319.14

0.00

0.00

3,348,854.53

 

 

 

 

*

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

08162MAU2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

08162MAV0

539.86781399

2.72720750

0.99461649

0.00000000

0.00000000

0.00000000

0.00000000

3.72182399

537.14060649

A-4

08162MAW8

1,000.00000000

0.00000000

1.70183335

0.00000000

0.00000000

0.00000000

0.00000000

1.70183335

1,000.00000000

A-5

08162MAX6

1,000.00000000

0.00000000

1.90749998

0.00000000

0.00000000

0.00000000

0.00000000

1.90749998

1,000.00000000

A-SB

08162MAY4

967.31226822

15.76130000

1.75422093

0.00000000

0.00000000

0.00000000

0.00000000

17.51552093

951.55096822

A-S

08162MBB3

1,000.00000000

0.00000000

2.15208334

0.00000000

0.00000000

0.00000000

0.00000000

2.15208334

1,000.00000000

B

08162MBC1

1,000.00000000

0.00000000

2.43016669

0.00000000

0.00000000

0.00000000

0.00000000

2.43016669

1,000.00000000

C

08162MBD9

1,000.00000000

0.00000000

2.80891662

0.00000000

0.00000000

0.00000000

0.00000000

2.80891662

1,000.00000000

D

08162MAC2

1,000.00000000

0.00000000

1.87500000

0.00000000

0.00000000

0.00000000

0.00000000

1.87500000

1,000.00000000

E

08162MAE8

1,000.00000000

0.00000000

1.87500000

0.00000000

0.00000000

0.00000000

0.00000000

1.87500000

1,000.00000000

F-RR

08162MAH1

1,000.00000000

0.00000000

3.12625967

0.00000000

0.00000000

0.00000000

0.00000000

3.12625967

1,000.00000000

G-RR

08162MAK4

1,000.00000000

0.00000000

3.12625901

0.00000000

0.00000000

0.00000000

0.00000000

3.12625901

1,000.00000000

NR-RR

08162MAM0

1,000.00000000

0.00000000

1.79072387

1.33553567

30.64788642

0.00000000

0.00000000

1.79072387

1,000.00000000

VRR Interest

08162MAT5

898.23785491

0.78180400

2.76805709

0.04006727

0.91946655

0.00000000

0.00000000

3.54986109

897.45605091

R

08162MAN8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

S

08162MAR9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

08162MAZ1

875.13846045

0.00000000

1.08934380

0.00000000

0.00000000

0.00000000

0.00000000

1.08934380

874.17919148

X-B

08162MBA5

1,000.00000000

0.00000000

0.51495012

0.00000000

0.00000000

0.00000000

0.00000000

0.51495012

1,000.00000000

X-D

08162MAA6

1,000.00000000

0.00000000

1.25125940

0.00000000

0.00000000

0.00000000

0.00000000

1.25125940

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

05/01/25 - 05/30/25

30

0.00

186,987.90

0.00

186,987.90

0.00

0.00

0.00

186,987.90

0.00

 

A-4

05/01/25 - 05/30/25

30

0.00

289,311.67

0.00

289,311.67

0.00

0.00

0.00

289,311.67

0.00

 

A-5

05/01/25 - 05/30/25

30

0.00

503,461.73

0.00

503,461.73

0.00

0.00

0.00

503,461.73

0.00

 

A-SB

05/01/25 - 05/30/25

30

0.00

22,629.45

0.00

22,629.45

0.00

0.00

0.00

22,629.45

0.00

 

X-A

05/01/25 - 05/30/25

30

0.00

813,128.70

0.00

813,128.70

0.00

0.00

0.00

813,128.70

0.00

 

X-B

05/01/25 - 05/30/25

30

0.00

40,677.97

0.00

40,677.97

0.00

0.00

0.00

40,677.97

0.00

 

X-D

05/01/25 - 05/30/25

30

0.00

47,272.58

0.00

47,272.58

0.00

0.00

0.00

47,272.58

0.00

 

A-S

05/01/25 - 05/30/25

30

0.00

226,670.33

0.00

226,670.33

0.00

0.00

0.00

226,670.33

0.00

 

B

05/01/25 - 05/30/25

30

0.00

100,156.89

0.00

100,156.89

0.00

0.00

0.00

100,156.89

0.00

 

C

05/01/25 - 05/30/25

30

0.00

106,120.87

0.00

106,120.87

0.00

0.00

0.00

106,120.87

0.00

 

D

05/01/25 - 05/30/25

30

0.00

40,785.00

0.00

40,785.00

0.00

0.00

0.00

40,785.00

0.00

 

E

05/01/25 - 05/30/25

30

0.00

30,052.50

0.00

30,052.50

0.00

0.00

0.00

30,052.50

0.00

 

F-RR

05/01/25 - 05/30/25

30

0.00

50,107.69

0.00

50,107.69

0.00

0.00

0.00

50,107.69

0.00

 

G-RR

05/01/25 - 05/30/25

30

0.00

28,630.28

0.00

28,630.28

0.00

0.00

0.00

28,630.28

0.00

 

NR-RR

05/01/25 - 05/30/25

30

802,910.11

85,900.73

0.00

85,900.73

36,696.73

0.00

0.00

49,204.01

842,116.94

 

VRR Interest

05/01/25 - 05/30/25

30

24,108.11

77,223.42

0.00

77,223.42

1,101.85

0.00

0.00

76,121.57

25,285.33

 

S

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

 

827,018.22

2,649,117.71

0.00

2,649,117.71

37,798.58

0.00

0.00

2,611,319.14

867,402.27

 

 

 

 

 

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Page 4 of 27

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

3,348,854.53

 

(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

2,661,121.35

Master Servicing Fee

4,068.73

Interest Reductions due to Nonrecoverability Determination

(62,925.69)

Certificate Administrator Fee

6,151.24

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

364.84

ARD Interest

0.00

Operating Advisor Fee

1,196.57

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

182.42

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

2,598,195.66

Total Fees

11,963.81

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

205,478.55

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

(26,687.83)

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)

1,600.55

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

532,056.84

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

737,535.39

Total Expenses/Reimbursements

(25,087.28)

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,611,319.14

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

737,535.39

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

3,348,854.53

Total Funds Collected

3,335,731.05

Total Funds Distributed

3,335,731.06

 

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Page 6 of 27

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

847,376,180.53

847,376,180.53

Beginning Certificate Balance

847,376,180.30

(-) Scheduled Principal Collections

205,478.55

205,478.55

(-) Principal Distributions

737,535.39

(-) Unscheduled Principal Collections

532,056.84

532,056.84

(-) 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

846,638,645.14

846,638,645.14

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

847,376,180.53

847,376,180.53

Ending Certificate Balance

846,638,644.91

Ending Actual Collateral Balance

846,638,645.14

846,638,645.14

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.23)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.23)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

3.75%

 

 

 

 

UC / (OC) Interest

0.00

(1)

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

 

 

 

(2)

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

 

 

 

**

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

 

 

 

 

 

 

 

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Page 7 of 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

1

4,156,832.16

0.49%

55

4.8810

NAP

Defeased

1

4,156,832.16

0.49%

55

4.8810

NAP

 

9,999,999 or less

10

60,223,944.06

7.11%

49

3.8902

1.975955

1.49 or less

2

37,145,000.00

4.39%

57

3.7555

1.446761

10,000,000 to 19,999,999

12

159,049,838.55

18.79%

49

3.7401

2.489534

1.50 to 1.74

9

165,070,669.35

19.50%

46

3.9567

1.686872

20,000,000 to 24,999,999

6

128,189,564.38

15.14%

56

3.5512

2.837976

1.75 to 1.99

1

10,436,505.55

1.23%

56

4.3000

1.940000

25,000,000 to 49,999,999

10

345,018,465.99

40.75%

42

3.7176

3.442739

2.00 to 2.24

7

116,154,436.23

13.72%

56

3.6472

2.071053

 

50,000,000 or greater

3

150,000,000.00

17.72%

55

3.3360

2.860000

2.25 or greater

22

513,675,201.85

60.67%

47

3.5164

3.703829

 

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

(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

 

 

 

 

 

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

1

4,156,832.16

0.49%

55

4.8810

NAP

Wisconsin

1

290,054.05

0.03%

(5)

4.6992

1.740000

Alabama

3

10,436,505.54

1.23%

56

4.3000

1.940000

Totals

106

846,638,645.14

100.00%

48

3.6470

2.953732

Arizona

1

47,966,443.16

5.67%

(4)

3.3500

4.720000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

California

6

170,275,000.00

20.11%

56

3.5483

2.179747

 

 

 

 

 

 

 

Colorado

1

14,500,000.00

1.71%

57

3.5000

3.020000

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Connecticut

1

889,918.92

0.11%

(5)

4.6992

1.740000

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Delaware

1

393,324.32

0.05%

(5)

4.6992

1.740000

Defeased

1

4,156,832.16

0.49%

55

4.8810

NAP

Georgia

1

23,604,436.23

2.79%

57

4.1000

2.040000

Industrial

8

5,190,108.10

0.61%

(5)

4.6992

1.740000

Illinois

40

44,912,432.42

5.30%

42

4.4209

1.724058

Lodging

6

102,263,527.37

12.08%

55

3.7277

4.232212

Indiana

6

354,648.66

0.04%

(5)

4.6992

1.740000

Mixed Use

6

146,150,000.00

17.26%

55

3.4091

2.939520

Maine

1

672,378.38

0.08%

(5)

4.6992

1.740000

Multi-Family

12

122,873,451.15

14.51%

56

3.8418

2.242161

Maryland

1

22,678,391.29

2.68%

56

3.5500

1.640000

Office

27

387,254,551.28

45.74%

41

3.6446

3.000894

Massachusetts

1

30,000,000.00

3.54%

56

3.1100

4.760000

Retail

46

78,750,175.07

9.30%

53

3.5577

2.368407

Michigan

7

54,096,327.26

6.39%

56

4.1734

2.958395

Totals

106

846,638,645.14

100.00%

48

3.6470

2.953732

Minnesota

1

336,189.19

0.04%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

Missouri

2

1,768,864.86

0.21%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

Nevada

1

40,000,000.00

4.72%

54

3.1702

6.500000

 

 

 

 

 

 

 

New Jersey

2

2,693,918.92

0.32%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

New York

15

274,263,432.43

32.39%

55

3.4019

2.830129

 

 

 

 

 

 

 

Ohio

2

1,120,621.62

0.13%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

Pennsylvania

2

26,061,729.73

3.08%

55

3.6331

3.286703

 

 

 

 

 

 

 

Rhode Island

1

1,382,135.14

0.16%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

Texas

5

71,739,358.14

8.47%

31

4.2010

3.146243

 

 

 

 

 

 

 

Vermont

1

252,675.68

0.03%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

Virginia

2

1,793,027.03

0.21%

(5)

4.6992

1.740000

 

 

 

 

 

 

 

 

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

1

4,156,832.16

0.49%

55

4.8810

NAP

Defeased

1

4,156,832.16

0.49%

55

4.8810

NAP

 

3.00000% or less

2

50,000,000.00

5.91%

54

2.9900

3.720000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

3.00001% to 3.50000%

14

376,316,442.16

44.45%

48

3.3344

3.543410

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

3.50001% to 4.00000%

15

245,510,128.15

29.00%

57

3.6684

2.285415

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.00001% to 4.50000%

6

115,655,242.67

13.66%

55

4.2836

2.141114

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.50001% or greater

4

55,000,000.00

6.50%

(4)

4.8565

3.043636

49 months or greater

41

842,481,812.98

99.51%

48

3.6410

2.962161

 

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

(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

1

4,156,832.16

0.49%

55

4.8810

NAP

Defeased

1

4,156,832.16

0.49%

55

4.8810

NAP

 

60 months or less

41

842,481,812.98

99.51%

48

3.6410

2.962161

Interest Only

35

723,436,442.16

85.45%

47

3.5740

3.064172

61 months to 119 Months

0

0.00

0.00%

0

0.0000

0.000000

300 months or less

6

119,045,370.82

14.06%

56

4.0479

2.342245

 

120 Months

0

0.00

0.00%

0

0.0000

0.000000

300 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

(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

1

4,156,832.16

0.49%

55

4.8810

NAP

60 Months or Less

0

0.00

0.00%

0

0.0000

0.000000

Underwriter's Information

1

18,500,000.00

2.19%

56

3.9500

1.681401

61 Months or Greater

0

0.00

0.00%

0

0.0000

0.000000

 

12 months or less

40

823,981,812.98

97.32%

48

3.6340

2.990917

Totals

0

0.00

0.00%

0

0.0000

0.000000

 

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

42

846,638,645.14

100.00%

48

3.6470

2.953732

 

 

 

 

 

 

 

(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

1A1

30504936

OF

Milpitas

CA

Actual/360

3.580%

123,311.11

0.00

0.00

N/A

03/06/30

--

40,000,000.00

40,000,000.00

06/06/25

1A2

30505039

 

 

 

Actual/360

3.580%

61,655.56

0.00

0.00

N/A

03/06/30

--

20,000,000.00

20,000,000.00

06/06/25

1A3

30505040

 

 

 

Actual/360

3.580%

30,827.78

0.00

0.00

N/A

03/06/30

--

10,000,000.00

10,000,000.00

06/06/25

1A4

30505041

 

 

 

Actual/360

3.580%

46,241.67

0.00

0.00

N/A

03/06/30

--

15,000,000.00

15,000,000.00

06/06/25

2A3C1

30317941

OF

Sunnyvale

CA

Actual/360

3.490%

150,263.89

0.00

0.00

N/A

02/06/30

--

50,000,000.00

50,000,000.00

06/06/25

2A3C3

30317942

 

 

 

Actual/360

3.490%

30,052.78

0.00

0.00

N/A

02/06/30

--

10,000,000.00

10,000,000.00

06/06/25

2A2-C3

30505071

 

 

 

Actual/360

3.490%

30,052.78

0.00

0.00

N/A

02/06/30

--

10,000,000.00

10,000,000.00

06/06/25

2A2-C4

30505072

 

 

 

Actual/360

3.490%

28,399.88

0.00

0.00

N/A

02/06/30

--

9,450,000.00

9,450,000.00

06/06/25

3A3-C5

30317943

OF

New York

NY

Actual/360

2.990%

77,241.67

0.00

0.00

N/A

12/06/29

--

30,000,000.00

30,000,000.00

06/06/25

3A3-C6

30317944

 

 

 

Actual/360

2.990%

51,494.44

0.00

0.00

N/A

12/06/29

--

20,000,000.00

20,000,000.00

06/06/25

4

30317945

MU

New York

NY

Actual/360

3.486%

150,091.67

0.00

0.00

N/A

12/08/29

--

50,000,000.00

50,000,000.00

06/08/25

6

30504634

MU

New York

NY

Actual/360

3.032%

130,544.44

0.00

0.00

N/A

01/06/30

--

50,000,000.00

50,000,000.00

06/06/25

7

30504752

OF

Phoenix

AZ

Actual/360

3.350%

139,904.70

532,056.84

0.00

N/A

02/05/25

02/05/26

48,498,500.00

47,966,443.16

06/05/25

8

30317948

LO

Las Vegas

NV

Actual/360

3.170%

109,194.16

0.00

0.00

N/A

12/05/29

--

40,000,000.00

40,000,000.00

06/05/25

9

30504923

OF

Downers Grove

IL

Actual/360

4.350%

134,100.83

0.00

0.00

N/A

12/01/29

--

35,800,000.00

35,800,000.00

06/01/25

10

30504617

RT

Brooklyn

NY

Actual/360

3.359%

92,553.60

0.00

0.00

N/A

01/01/30

--

32,000,000.00

32,000,000.00

06/01/25

11

30317949

LO

Detroit

MI

Actual/360

4.390%

120,464.65

39,589.87

0.00

N/A

02/01/30

--

31,866,612.70

31,827,022.83

06/01/25

12

30505222

MF

New York

NY

Actual/360

3.680%

100,612.22

0.00

0.00

N/A

03/06/30

--

31,750,000.00

31,750,000.00

06/06/25

14A2

30317808

OF

Framingham

MA

Actual/360

3.110%

53,561.11

0.00

0.00

N/A

02/06/30

--

20,000,000.00

20,000,000.00

06/06/25

14A31

30317809

 

 

 

Actual/360

3.110%

26,780.56

0.00

0.00

N/A

02/06/30

--

10,000,000.00

10,000,000.00

06/06/25

15

30505252

OF

Houston

TX

Actual/360

4.987%

128,843.75

0.00

0.00

N/A

03/01/25

--

30,000,000.00

30,000,000.00

06/01/25

16

30317951

MF

York

PA

Actual/360

3.617%

79,968.35

0.00

0.00

N/A

02/06/30

--

25,675,000.00

25,675,000.00

06/06/25

17

30505121

RT

Mitchellville

MD

Actual/360

3.550%

69,501.84

57,332.06

0.00

N/A

02/06/30

--

22,735,723.35

22,678,391.29

06/06/25

18A-FX-5-1

30505100

Various      Various

Various

Actual/360

4.699%

73,700.86

0.00

0.00

N/A

01/10/25

--

18,213,334.00

18,213,334.00

06/10/25

18A-FX-5-2

30505163

 

 

 

Actual/360

4.699%

16,280.55

0.00

0.00

N/A

01/10/25

--

4,023,333.00

4,023,333.00

06/10/25

18A-FX-5-3

30505164

 

 

 

Actual/360

4.699%

11,181.92

0.00

0.00

N/A

01/10/25

--

2,763,333.00

2,763,333.00

06/10/25

19

30505141

MF

Savannah

GA

Actual/360

4.100%

83,446.47

31,071.54

0.00

N/A

03/01/30

--

23,635,507.77

23,604,436.23

06/01/25

20

30505090

MF

Various

MI

Actual/360

3.850%

72,727.74

30,410.07

0.00

N/A

03/06/30

--

21,937,146.93

21,906,736.86

06/06/25

 

 

 

 

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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

21

30317952

LO

Austin

TX

Actual/360

3.490%

60,105.55

0.00

0.00

N/A

02/06/30

--

19,999,999.00

19,999,999.00

06/06/25

22

30504908

MU

Brooklyn

NY

Actual/360

3.950%

0.00

0.00

0.00

N/A

02/06/30

--

18,500,000.00

18,500,000.00

12/06/22

23

30504995

MU

Aspen

CO

Actual/360

3.500%

43,701.39

0.00

0.00

N/A

03/06/30

--

14,500,000.00

14,500,000.00

06/06/25

24

30505042

OF

Katy

TX

Actual/360

3.450%

36,838.33

0.00

0.00

N/A

03/01/30

--

12,400,000.00

12,400,000.00

06/01/25

25

30317953

LO

Daphne

AL

Actual/360

4.300%

38,742.56

26,602.43

0.00

N/A

02/06/30

--

10,463,107.98

10,436,505.55

06/06/25

26

30504898

RT

Wantagh

NY

Actual/360

3.760%

32,377.78

0.00

0.00

N/A

02/06/30

--

10,000,000.00

10,000,000.00

06/06/25

27

30505103

MF

Canyon Lake

TX

Actual/360

4.150%

30,758.14

14,741.13

0.00

N/A

11/01/29

--

8,607,019.19

8,592,278.06

06/01/25

29

30505026

MU

Brooklyn

NY

Actual/360

3.730%

22,965.40

0.00

0.00

N/A

02/06/30

--

7,150,000.00

7,150,000.00

06/06/25

30

30504897

RT

Nyack

NY

Actual/360

3.640%

20,060.44

0.00

0.00

N/A

02/06/30

--

6,400,000.00

6,400,000.00

06/06/25

31

30505043

MU

Brooklyn

NY

Actual/360

3.640%

18,806.67

0.00

0.00

N/A

03/06/30

--

6,000,000.00

6,000,000.00

06/06/25

32

30504969

MF

Bronx

NY

Actual/360

3.850%

19,725.90

0.00

0.00

N/A

02/06/30

--

5,950,000.00

5,950,000.00

06/06/25

33

30504931

MF

Brooklyn

NY

Actual/360

4.200%

19,511.92

0.00

0.00

N/A

02/01/30

--

5,395,000.00

5,395,000.00

06/01/25

34

30317954

RT

San Diego

CA

Actual/360

3.640%

14,105.00

0.00

0.00

N/A

02/06/30

--

4,500,000.00

4,500,000.00

06/06/25

35

30317955

MF

Longview

TX

Actual/360

4.881%

17,495.60

5,731.45

0.00

N/A

01/06/30

--

4,162,563.61

4,156,832.16

06/06/25

Totals

 

 

 

 

 

 

2,598,195.66

737,535.39

0.00

 

 

 

847,376,180.53

846,638,645.14

 

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

 

1A1

7,844,635.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A2

7,844,635.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A3

7,844,635.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A4

7,844,635.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A3C1

57,991,711.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A3C3

57,991,711.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A2-C3

57,991,711.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A2-C4

57,991,711.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A3-C5

115,679,668.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A3-C6

115,679,668.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

39,431,642.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

30,703,620.08

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

15,328,034.90

0.00

--

--

06/09/25

3,207,612.33

0.00

0.00

0.00

0.00

0.00

 

 

8

702,094,745.00

754,606,627.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

7,182,794.67

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

44,465,088.37

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

12,097,740.51

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

1,775,941.29

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A2

13,794,655.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A31

13,794,655.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

8,048,801.00

0.00

--

--

05/12/25

7,500,000.00

0.00

0.00

0.00

0.00

0.00

 

 

16

3,237,009.92

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

2,603,957.63

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A-FX-5-1

54,564,290.28

0.00

--

--

05/12/25

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A-FX-5-2

54,564,290.28

0.00

--

--

05/12/25

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A-FX-5-3

54,564,290.28

0.00

--

--

05/12/25

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

2,046,580.13

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

2,341,097.36

2,644,986.49

04/01/24

03/31/25

--

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

 

21

2,294,110.73

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

0.00

0.00

--

--

07/11/24

4,625,000.00

324,065.10

(239.44)

1,341,395.97

1,518,782.03

0.00

 

 

23

1,607,067.48

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,197,903.63

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

4,206,448.56

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,419,173.52

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

903,854.45

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

585,140.09

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

656,599.96

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

711,875.60

148,866.73

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

489,754.06

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

304,131.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

286,438.93

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

Totals

1,572,006,455.26

757,400,480.22

 

 

 

15,332,612.33

324,065.10

(239.44)

1,341,395.97

1,518,782.03

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

7

30504752

532,056.84

Partial Liquidation (Curtailment)

0.00

0.00

Totals

 

532,056.84

 

0.00

0.00

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/17/25

0

0.00

0

0.00

1

18,500,000.00

3

60,763,528.38

0

0.00

1

47,966,443.16

1

532,056.84

0

0.00

3.647042%

3.630593%

48

05/16/25

0

0.00

0

0.00

1

18,500,000.00

3

60,829,720.68

0

0.00

0

0.00

1

1,501,500.00

0

0.00

3.646945%

3.630495%

49

04/17/25

0

0.00

0

0.00

1

18,500,000.00

3

60,900,790.78

0

0.00

0

0.00

0

0.00

0

0.00

3.646517%

3.630066%

50

03/17/25

0

0.00

0

0.00

1

18,500,000.00

3

60,966,470.32

0

0.00

0

0.00

0

0.00

0

0.00

3.646606%

3.630153%

51

02/18/25

0

0.00

0

0.00

1

18,500,000.00

3

61,047,332.64

0

0.00

0

0.00

0

0.00

0

0.00

3.646687%

3.630231%

52

01/17/25

0

0.00

0

0.00

1

18,500,000.00

3

61,073,526.21

0

0.00

0

0.00

0

0.00

0

0.00

3.673596%

3.656851%

51

12/17/24

0

0.00

0

0.00

1

18,500,000.00

3

61,099,623.15

0

0.00

0

0.00

0

0.00

2

50,000,000.00

3.673638%

3.656892%

52

11/18/24

0

0.00

0

0.00

1

18,500,000.00

3

61,126,888.46

0

0.00

0

0.00

0

0.00

0

0.00

3.678938%

3.662462%

50

10/18/24

0

0.00

0

0.00

1

18,500,000.00

3

61,152,788.54

0

0.00

0

0.00

0

0.00

0

0.00

3.678977%

3.662499%

51

09/17/24

0

0.00

0

0.00

1

18,500,000.00

3

61,179,864.02

0

0.00

0

0.00

0

0.00

0

0.00

3.679019%

3.662540%

52

08/16/24

0

0.00

0

0.00

1

18,500,000.00

3

61,205,568.67

0

0.00

0

0.00

0

0.00

0

0.00

3.679057%

3.662577%

53

07/17/24

0

0.00

0

0.00

1

18,500,000.00

3

61,231,178.49

0

0.00

0

0.00

0

0.00

0

0.00

3.679096%

3.662614%

54

(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

22

30504908

12/06/22

29

6

 

(239.44)

1,341,395.97

2,197,477.26

18,500,000.00

10/14/21

3

11/07/23

02/14/23

 

Totals

 

 

 

 

 

(239.44)

1,341,395.97

2,197,477.26

18,500,000.00

 

 

 

 

 

 

 

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

 

55,000,000

55,000,000

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

47,966,443

47,966,443

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

0

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

743,672,202

682,908,674

0

 

 

60,763,528

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

      30-59 Days

      60-89 Days

    90+ Days

      REO/Foreclosure

 

 

Jun-25

846,638,645

828,138,645

0

0

18,500,000

0

 

May-25

847,376,181

828,876,181

0

0

18,500,000

0

 

Apr-25

849,096,398

830,596,398

0

0

18,500,000

0

 

Mar-25

849,300,414

780,800,414

0

0

68,500,000

0

 

Feb-25

849,469,752

780,969,752

0

0

68,500,000

0

 

Jan-25

887,911,046

844,411,046

0

0

43,500,000

0

 

Dec-24

888,031,288

869,531,288

0

0

18,500,000

0

 

Nov-24

938,157,137

919,657,137

0

0

18,500,000

0

 

Oct-24

938,276,537

919,776,537

0

0

18,500,000

0

 

Sep-24

938,401,574

919,901,574

0

0

18,500,000

0

 

Aug-24

938,520,137

920,020,137

0

0

18,500,000

0

 

Jul-24

938,638,296

920,138,296

0

0

18,500,000

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

7

30504752

47,966,443.16

47,966,443.16

91,100,000.00

04/10/25

14,663,791.90

4.72000

06/30/24

02/05/25

I/O

15

30505252

30,000,000.00

30,000,000.00

143,900,000.00

11/20/19

7,458,752.00

4.13000

12/31/24

03/01/25

I/O

18A-FX-5-1

30505100

18,213,334.00

18,213,334.00

 

--

54,486,740.28

1.74000

12/31/24

01/10/25

I/O

18A-FX-5-2

30505163

4,023,333.00

4,023,333.00

 

--

54,486,740.28

1.74000

12/31/24

01/10/25

I/O

18A-FX-5-3

30505164

2,763,333.00

2,763,333.00

 

--

54,486,740.28

1.74000

12/31/24

01/10/25

I/O

22

30504908

18,500,000.00

18,500,000.00

27,700,000.00

09/06/19

1,271,391.85

1.68140

01/29/20

02/06/30

I/O

Totals

 

121,466,443.16

121,466,443.16

262,700,000.00

 

186,854,156.59

 

 

 

 

 

 

 

 

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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

 

7

30504752

OF

AZ

12/19/24

9

 

 

 

 

6/11/2025 - The Loan transferred to special servicing effective 12/19/2024 for imminent maturity default. The collateral is a +/- 600,000 SF, 3-building office campus in Phoenix, Arizona. The Borrower communicated that it would be unable to pay

 

at maturit y and requested an extension. A 12-month extension of the loan with full cash-trap closed on 5/6/2025. Updated appraisal complete. Expected return to the master servicer following the August 2025 payment.

 

15

30505252

OF

TX

08/29/24

98

 

 

 

 

6/11/2025 - The loan transferred to the Special Servicer for Imminent Default related to the upcoming tenant lease expiration and vacancy. The loan is secured by a 441,523 SF office building located in the Uptown Galleria area of Houston, TX.

 

The property was fully leased to Bechtel who has vacated the property. PNL has been signed. Property remains vacant and available for lease or note sale. Lender will continue discussing options with the borrower while dual tracking

 

foreclosure.

 

 

 

 

 

 

 

 

18A-FX-5-1

30505100

Various

Various

01/03/25

10

 

 

 

 

Please refer to Servicer Reports for comments as they are too lengthy to include for this cycle.

 

 

 

 

 

18A-FX-5-2

30505163

Various

Various

01/03/25

10

 

 

 

 

Please refer to Servicer Reports for comments as they are too lengthy to include for this cycle.

 

 

 

 

 

18A-FX-5-3

30505164

Various

Various

01/03/25

10

 

 

 

 

Please refer to Servicer Reports for comments as they are too lengthy to include for this cycle.

 

 

 

 

 

22

30504908

MU

NY

10/14/21

3

 

 

 

 

6/11/2025 - The loan transferred to Special Servicing on 10/14/21 due to non-monetary default. The loan is collateralized by 32 apartment units and 12,285 SF of retail/office space in Brooklyn, NY (DUMBO neighborhood). The Special Servicer

 

filed for fo reclosure on 2/14/23. Borrower filed for bankruptcy in November 2023. Bankruptcy proceedings are ongoing, and Debtor is currently under a Cash Collateral Order. The Judge ordered mediation, which took place 8/14/24, though it did

 

not finish and was contin ued to 9/11/24 and subsequently 10/7/24 (though ultimately postponed indefinitely). The special servicer continues to seek confirmation of its plan of liquidation in the bankruptcy action, though the court has sought for

 

the parties to re-enter reinstatem ent discussions, with an additional mediation session scheduled for 6/16/25. Updated appraisal completed.

 

 

 

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

7

30504752

0.00

3.35000%

0.00

3.35000%

8

05/17/22

05/17/22

06/16/22

7

30504752

0.00

3.35000%

0.00

3.35000%

1

05/05/25

02/05/25

05/20/25

9

30504923

0.00

4.35000%

0.00

4.35000%

8

02/18/22

02/18/22

03/09/22

11

30317949

0.00

4.39000%

0.00

4.39000%

8

02/01/22

12/16/21

02/01/22

25

30317953

0.00

4.30000%

0.00

4.30000%

10

09/08/20

09/01/20

10/15/20

28

30504754

8,254,758.11

4.49400%

8,240,596.82

4.49400%

8

05/26/20

05/01/20

05/29/20

Totals

 

8,254,758.11

 

8,240,596.82

 

 

 

 

 

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

 

 

 

 

No liquidated loans this period

 

 

 

 

 

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

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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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)

7

0.00

0.00

(37,128.80)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

11

0.00

0.00

0.00

0.00

1,600.55

0.00

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

6,458.33

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

22

0.00

0.00

3,982.64

0.00

0.00

0.00

0.00

62,925.69

0.00

0.00

0.00

0.00

Total

0.00

0.00

(26,687.83)

0.00

1,600.55

0.00

0.00

62,925.69

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

37,838.41

 

 

 

 

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Page 26 of 27

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27