Distribution Date:

06/17/25

Morgan Stanley Capital I Trust 2018-L1

Determination Date:

06/11/25

 

Next Distribution Date:

07/17/25

 

Record Date:

05/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2018-L1

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Morgan Stanley & Co. Incorporated

 

 

Certificate Factor Detail

3

 

General Information Number

(212) 761-4700

 

Certificate Interest Reconciliation Detail

4

 

1585 Broadway | New York, NY 10036 | United States

 

 

 

 

Master Servicer

Midland Loan Services

 

 

Additional Information

5

 

 

 

 

 

 

 

askmidlandls.com

(913) 253-9000

 

Bond / Collateral Reconciliation - Cash Flows

6

 

 

 

 

 

 

 

A Division of PNC Bank, N.A., 10851 Mastin Street, Building 82 | Overland Park, KS 66210 | United States

Bond / Collateral Reconciliation - Balances

7

Special Servicer

K-Star Asset Management LLC

 

 

Current Mortgage Loan and Property Stratification

8-12

 

Mike Stauber

(214) 390-7233

Michael.Stauber@kkr.com

Mortgage Loan Detail (Part 1)

13-14

 

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

 

 

Mortgage Loan Detail (Part 2)

15-16

Operating Advisor & Asset

Pentalpha Surveillance LLC

 

 

 

 

Representations Reviewer

 

 

 

Principal Prepayment Detail

17

 

 

 

 

 

 

 

Attention: Transaction Manager

 

notices@pentalphasurveillance.com

Historical Detail

18

 

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

 

Delinquency Loan Detail

19

Certificate Administrator

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

 

 

Collateral Stratification and Historical Detail

20

 

Bank, N.A.

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 1

21

 

 

 

trustadministrationgroup@computershare.com

Specially Serviced Loan Detail - Part 2

22

 

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

 

 

Modified Loan Detail

23

 

 

 

 

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

61691QAA6

3.362000%

19,800,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

61691QAB4

4.288000%

36,700,000.00

29,292,000.18

0.00

104,670.08

0.00

0.00

104,670.08

29,292,000.18

31.38%

30.00%

A-SB

61691QAC2

4.238000%

32,900,000.00

22,123,903.70

561,884.97

78,134.25

0.00

0.00

640,019.22

21,562,018.73

31.38%

30.00%

A-3

61691QAD0

4.139000%

213,200,000.00

213,200,000.00

0.00

735,362.33

0.00

0.00

735,362.33

213,200,000.00

31.38%

30.00%

A-4

61691QAE8

4.407000%

312,941,000.00

312,941,000.00

0.00

1,149,275.82

0.00

0.00

1,149,275.82

312,941,000.00

31.38%

30.00%

A-S

61691QAH1

4.637000%

94,529,000.00

94,529,000.00

0.00

365,275.81

0.00

0.00

365,275.81

94,529,000.00

20.13%

19.25%

B

61691QAJ7

4.865493%

35,174,000.00

35,174,000.00

0.00

142,615.71

0.00

0.00

142,615.71

35,174,000.00

15.95%

15.25%

C

61691QAK4

4.938493%

36,273,000.00

36,273,000.00

0.00

149,278.30

0.00

0.00

149,278.30

36,273,000.00

11.63%

11.13%

D

61691QAN8

3.000000%

21,984,000.00

21,984,000.00

0.00

54,960.00

0.00

0.00

54,960.00

21,984,000.00

9.02%

8.63%

E

61691QAQ1

3.000000%

18,686,000.00

18,686,000.00

0.00

46,715.00

0.00

0.00

46,715.00

18,686,000.00

6.80%

6.50%

F-RR

61691QAT5

4.938493%

10,991,000.00

10,991,000.00

0.00

45,232.48

0.00

0.00

45,232.48

10,991,000.00

5.49%

5.25%

G-RR

61691QAV0

4.938493%

8,794,000.00

8,794,000.00

0.00

36,190.92

0.00

0.00

36,190.92

8,794,000.00

4.44%

4.25%

H-RR

61691QAX6

4.938493%

8,793,000.00

8,793,000.00

0.00

36,186.81

0.00

0.00

36,186.81

8,793,000.00

3.40%

3.25%

J-RR*

61691QAZ1

4.938493%

28,579,579.00

28,579,579.00

0.00

109,322.99

0.00

0.00

109,322.99

28,579,579.00

0.00%

0.00%

VRR Interest

BCC2HYJ60

4.938493%

21,254,129.53

20,336,037.90

13,581.00

83,490.69

0.00

0.00

97,071.69

20,322,456.90

0.00%

0.00%

V

61691QBB3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

61691QBC1

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

900,598,708.53

861,696,520.78

575,465.97

3,136,711.19

0.00

0.00

3,712,177.16

861,121,054.81

 

 

 

 

X-A

61691QAF5

0.642932%

615,541,000.00

577,556,903.88

0.00

309,441.47

0.00

0.00

309,441.47

576,995,018.91

 

 

X-B

61691QAG3

0.239528%

129,703,000.00

129,703,000.00

0.00

25,889.61

0.00

0.00

25,889.61

129,703,000.00

 

 

X-D

61691QAL2

1.938493%

40,670,000.00

40,670,000.00

0.00

65,698.76

0.00

0.00

65,698.76

40,670,000.00

 

 

Notional SubTotal

 

785,914,000.00

747,929,903.88

0.00

401,029.84

0.00

0.00

401,029.84

747,368,018.91

 

 

 

Deal Distribution Total

 

 

 

575,465.97

3,537,741.03

0.00

0.00

4,113,207.00

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in

 

the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 2 of 27

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

      Losses

Total Distribution

    Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

61691QAA6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

61691QAB4

798.14714387

0.00000000

2.85204578

0.00000000

0.00000000

0.00000000

0.00000000

2.85204578

798.14714387

A-SB

61691QAC2

672.45907903

17.07857052

2.37490122

0.00000000

0.00000000

0.00000000

0.00000000

19.45347173

655.38050851

A-3

61691QAD0

1,000.00000000

0.00000000

3.44916665

0.00000000

0.00000000

0.00000000

0.00000000

3.44916665

1,000.00000000

A-4

61691QAE8

1,000.00000000

0.00000000

3.67249999

0.00000000

0.00000000

0.00000000

0.00000000

3.67249999

1,000.00000000

A-S

61691QAH1

1,000.00000000

0.00000000

3.86416666

0.00000000

0.00000000

0.00000000

0.00000000

3.86416666

1,000.00000000

B

61691QAJ7

1,000.00000000

0.00000000

4.05457753

0.00000000

0.00000000

0.00000000

0.00000000

4.05457753

1,000.00000000

C

61691QAK4

1,000.00000000

0.00000000

4.11541091

0.00000000

0.00000000

0.00000000

0.00000000

4.11541091

1,000.00000000

D

61691QAN8

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

E

61691QAQ1

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

F-RR

61691QAT5

1,000.00000000

0.00000000

4.11541079

0.00000000

0.00000000

0.00000000

0.00000000

4.11541079

1,000.00000000

G-RR

61691QAV0

1,000.00000000

0.00000000

4.11541051

0.00000000

0.00000000

0.00000000

0.00000000

4.11541051

1,000.00000000

H-RR

61691QAX6

1,000.00000000

0.00000000

4.11541112

0.00000000

0.00000000

0.00000000

0.00000000

4.11541112

1,000.00000000

J-RR

61691QAZ1

1,000.00000000

0.00000000

3.82521345

0.29019742

18.20043290

0.00000000

0.00000000

3.82521345

1,000.00000000

VRR Interest

BCC2HYJ60

956.80408230

0.63898171

3.92821027

0.00943158

0.59153352

0.00000000

0.00000000

4.56719198

956.16510059

V

61691QBB3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

61691QBC1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

61691QAF5

938.29152547

0.00000000

0.50271464

0.00000000

0.00000000

0.00000000

0.00000000

0.50271464

937.37869437

X-B

61691QAG3

1,000.00000000

0.00000000

0.19960687

0.00000000

0.00000000

0.00000000

0.00000000

0.19960687

1,000.00000000

X-D

61691QAL2

1,000.00000000

0.00000000

1.61541087

0.00000000

0.00000000

0.00000000

0.00000000

1.61541087

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

104,670.08

0.00

104,670.08

0.00

0.00

0.00

104,670.08

0.00

 

A-SB

05/01/25 - 05/30/25

30

0.00

78,134.25

0.00

78,134.25

0.00

0.00

0.00

78,134.25

0.00

 

A-3

05/01/25 - 05/30/25

30

0.00

735,362.33

0.00

735,362.33

0.00

0.00

0.00

735,362.33

0.00

 

A-4

05/01/25 - 05/30/25

30

0.00

1,149,275.82

0.00

1,149,275.82

0.00

0.00

0.00

1,149,275.82

0.00

 

X-A

05/01/25 - 05/30/25

30

0.00

309,441.47

0.00

309,441.47

0.00

0.00

0.00

309,441.47

0.00

 

X-B

05/01/25 - 05/30/25

30

0.00

25,889.61

0.00

25,889.61

0.00

0.00

0.00

25,889.61

0.00

 

A-S

05/01/25 - 05/30/25

30

0.00

365,275.81

0.00

365,275.81

0.00

0.00

0.00

365,275.81

0.00

 

B

05/01/25 - 05/30/25

30

0.00

142,615.71

0.00

142,615.71

0.00

0.00

0.00

142,615.71

0.00

 

C

05/01/25 - 05/30/25

30

0.00

149,278.30

0.00

149,278.30

0.00

0.00

0.00

149,278.30

0.00

 

X-D

05/01/25 - 05/30/25

30

0.00

65,698.76

0.00

65,698.76

0.00

0.00

0.00

65,698.76

0.00

 

D

05/01/25 - 05/30/25

30

0.00

54,960.00

0.00

54,960.00

0.00

0.00

0.00

54,960.00

0.00

 

E

05/01/25 - 05/30/25

30

0.00

46,715.00

0.00

46,715.00

0.00

0.00

0.00

46,715.00

0.00

 

F-RR

05/01/25 - 05/30/25

30

0.00

45,232.48

0.00

45,232.48

0.00

0.00

0.00

45,232.48

0.00

 

G-RR

05/01/25 - 05/30/25

30

0.00

36,190.92

0.00

36,190.92

0.00

0.00

0.00

36,190.92

0.00

 

H-RR

05/01/25 - 05/30/25

30

0.00

36,186.81

0.00

36,186.81

0.00

0.00

0.00

36,186.81

0.00

 

J-RR

05/01/25 - 05/30/25

30

509,769.08

117,616.71

0.00

117,616.71

8,293.72

0.00

0.00

109,322.99

520,160.71

 

VRR Interest

05/01/25 - 05/30/25

30

12,321.36

83,691.15

0.00

83,691.15

200.46

0.00

0.00

83,490.69

12,572.53

 

Totals

 

 

522,090.44

3,546,235.21

0.00

3,546,235.21

8,494.18

0.00

0.00

3,537,741.03

532,733.24

 

 

 

 

 

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Page 4 of 27

 


 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

4,113,207.00

 

VRR Interest Available Funds Amount

97,071.69

 

(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

3,563,391.05

Master Servicing Fee

9,290.45

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,973.23

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

371.01

ARD Interest

0.00

Operating Advisor Fee

1,298.53

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

222.60

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,563,391.05

Total Fees

17,155.82

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

575,465.97

Reimbursement for Interest on Advances

(1,193.19)

Unscheduled Principal Collections

 

ASER Amount

(5,652.91)

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

15,340.28

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)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

575,465.97

Total Expenses/Reimbursements

8,494.18

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,537,741.03

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

575,465.97

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Net SWAP Counterparty Payments Received

0.00

Borrower Option Extension Fees

0.00

 

 

Net SWAP Counterparty Payments Paid

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,113,207.00

Total Funds Collected

4,138,857.02

Total Funds Distributed

4,138,857.00

 

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Page 6 of 27

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

861,696,521.33

861,696,521.33

Beginning Certificate Balance

861,696,520.78

(-) Scheduled Principal Collections

575,465.97

575,465.97

(-) Principal Distributions

575,465.97

(-) 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

861,121,055.36

861,121,055.36

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

861,780,554.14

861,780,554.14

Ending Certificate Balance

861,121,054.81

Ending Actual Collateral Balance

861,188,601.42

861,188,601.42

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                        Principal

               (WODRA) from Principal

Beginning UC / (OC)

(0.55)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.55)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.94%

 

 

 

 

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

3

30,690,498.93

3.56%

39

5.1696

NAP

Defeased

3

30,690,498.93

3.56%

39

5.1696

NAP

 

10,000,000 or less

25

155,154,388.91

18.02%

39

5.1307

1.896929

1.40 or less

9

116,472,414.80

13.53%

39

5.1580

0.913862

10,000,001 to 20,000,000

9

143,967,554.72

16.72%

37

4.6933

1.838944

1.41 to 1.60

8

119,745,270.97

13.91%

38

5.0269

1.532516

20,000,001 to 30,000,000

8

205,606,944.34

23.88%

30

4.9975

1.622086

1.61 to 1.80

8

67,549,608.73

7.84%

39

5.4156

1.703241

30,000,001 to 40,000,000

3

113,790,917.77

13.21%

39

4.9051

2.202592

1.81 to 2.00

8

168,790,806.79

19.60%

28

4.6611

1.918508

40,000,001 to 55,000,000

2

91,910,750.69

10.67%

38

4.4933

1.945569

2.01 to 2.20

5

141,030,074.97

16.38%

38

4.6394

2.135691

 

55,000,001 or greater

2

120,000,000.00

13.94%

36

4.2181

2.260000

2.21 or greater

11

216,842,380.17

25.18%

37

4.4594

2.597293

 

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

(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

3

30,690,498.93

3.56%

39

5.1696

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

3

30,690,498.93

3.56%

39

5.1696

NAP

Alabama

2

32,077,584.15

3.73%

36

4.4895

2.115962

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

7

47,303,030.14

5.49%

37

4.7997

2.507916

Arizona

9

65,703,908.56

7.63%

39

4.8768

2.098532

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

11

103,607,796.83

12.03%

38

4.9101

1.506002

California

9

113,666,711.17

13.20%

37

4.4885

1.930198

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

8

95,224,755.57

11.06%

39

4.9095

1.752703

Connecticut

1

3,500,000.00

0.41%

39

5.2700

1.290000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

5

67,850,000.00

7.88%

36

4.3067

1.941466

Florida

9

111,155,135.98

12.91%

37

4.5264

2.065356

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

13

219,801,918.04

25.53%

30

4.9854

1.730445

Georgia

2

44,849,114.64

5.21%

39

4.8805

1.167839

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

26

266,599,420.91

30.96%

38

4.6245

2.124951

Illinois

3

18,677,978.56

2.17%

36

4.6899

1.656765

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

4

30,043,634.92

3.49%

39

5.0722

2.432136

Indiana

2

35,390,338.95

4.11%

(11)

4.9831

1.856092

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

77

861,121,055.36

100.00%

36

4.8021

1.904876

Louisiana

1

9,800,000.00

1.14%

38

4.8200

1.470000

 

 

 

 

 

 

 

 

Massachusetts

2

17,042,966.13

1.98%

37

4.4080

1.854788

 

 

 

 

 

 

 

 

Michigan

2

14,991,193.17

1.74%

39

5.3928

1.611864

 

 

 

 

 

 

 

 

Minnesota

1

39,685,413.17

4.61%

39

5.1360

1.530000

 

 

 

 

 

 

 

 

Missouri

1

40,000,000.00

4.65%

38

4.4330

3.000000

 

 

 

 

 

 

 

 

Nevada

2

18,072,000.00

2.10%

37

4.5740

2.373825

 

 

 

 

 

 

 

 

New Jersey

9

39,311,272.71

4.57%

40

5.5345

1.573167

 

 

 

 

 

 

 

 

New York

7

105,790,033.33

12.29%

39

5.0029

1.796029

 

 

 

 

 

 

 

 

Ohio

3

45,910,000.00

5.33%

37

4.7465

2.517334

 

 

 

 

 

 

 

 

Pennsylvania

1

29,167,114.16

3.39%

38

4.7000

1.560000

 

 

 

 

 

 

 

 

Tennessee

2

20,650,000.00

2.40%

39

5.2100

1.170000

 

 

 

 

 

 

 

 

Texas

4

19,884,702.39

2.31%

39

4.9901

2.220013

 

 

 

 

 

 

 

 

Washington, DC

2

5,105,089.37

0.59%

37

4.2850

1.950000

 

 

 

 

 

 

 

 

Totals

77

861,121,055.36

100.00%

36

4.8021

1.904876

 

 

 

 

 

 

 

 

 

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

3

30,690,498.93

3.56%

39

5.1696

NAP

Defeased

3

30,690,498.93

3.56%

39

5.1696

NAP

 

4.4999% or less

7

255,660,526.00

29.69%

36

4.1887

2.306723

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.5000% to 4.9999%

15

274,825,878.98

31.91%

32

4.8462

1.793023

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0000% or greater

27

299,944,151.45

34.83%

39

5.2471

1.702730

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

49 months or greater

49

830,430,556.43

96.44%

36

4.7886

1.918560

 

 

 

 

 

 

 

 

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

(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

3

30,690,498.93

3.56%

39

5.1696

NAP

Defeased

3

30,690,498.93

3.56%

39

5.1696

NAP

 

60 months or less

49

830,430,556.43

96.44%

36

4.7886

1.918560

Interest Only

23

476,615,526.00

55.35%

34

4.6056

2.147980

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

300 months or less

26

353,815,030.43

41.09%

39

5.0351

1.609514

 

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

301 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 11 of 27

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

3

30,690,498.93

3.56%

39

5.1696

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

1

30,000,000.00

3.48%

(20)

4.8974

1.850000

 

 

 

 

 

 

12 months or less

47

795,406,286.21

92.37%

38

4.7809

1.929664

 

 

 

 

 

 

13 months to 24 months

1

5,024,270.22

0.58%

38

5.3500

0.570000

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

52

861,121,055.36

100.00%

36

4.8021

1.904876

 

 

 

 

 

(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

30315075

RT

Aventura

FL

Actual/360

4.121%

212,931.25

0.00

0.00

N/A

07/01/28

--

60,000,000.00

60,000,000.00

06/01/25

2

30315076

    Various                  Various

Various

Actual/360

4.315%

222,941.67

0.00

0.00

N/A

05/01/28

--

60,000,000.00

60,000,000.00

06/01/25

3A6

30315077

    Various                  Various

Various

Actual/360

4.285%

188,859.21

0.00

0.00

N/A

07/07/28

--

51,183,285.44

51,183,285.44

06/07/25

3B2

30315078

    Various                  Various

Various

Actual/360

4.285%

16,520.40

0.00

0.00

N/A

07/07/28

--

4,477,240.56

4,477,240.56

06/07/25

4

30315079

LO

              Various

Various

Actual/360

4.755%

167,061.05

73,035.38

0.00

N/A

09/01/28

--

40,800,500.63

40,727,465.25

06/01/25

5

30315081

OF

Bloomington

MN

Actual/360

5.136%

175,750.72

53,218.16

0.00

N/A

09/06/28

--

39,738,631.33

39,685,413.17

06/06/25

6A1A3

30315082

MF

San Francisco

CA

Actual/360

3.722%

64,097.98

0.00

0.00

N/A

04/06/28

--

20,000,000.00

20,000,000.00

06/06/25

6A1A4

30315083

MF

San Francisco

CA

Actual/360

3.722%

64,097.98

0.00

0.00

N/A

04/06/28

--

20,000,000.00

20,000,000.00

06/06/25

7

30315084

RT

Frontenac

MO

Actual/360

4.433%

152,692.22

0.00

0.00

N/A

08/01/28

--

40,000,000.00

40,000,000.00

06/01/25

8

30315087

MU

Greenlawn

NY

Actual/360

5.190%

152,674.80

56,301.15

0.00

N/A

10/01/28

--

34,161,805.75

34,105,504.60

06/01/25

9A1

30315088

RT

Goodyear

AZ

Actual/360

4.800%

76,370.73

28,562.34

0.00

N/A

08/01/28

--

18,476,789.36

18,448,227.02

06/01/25

9A2

30315132

RT

Goodyear

AZ

Actual/360

4.800%

58,519.07

21,885.90

0.00

N/A

08/01/28

--

14,157,839.50

14,135,953.60

06/01/25

10

30315089

LO

Atlanta

GA

Actual/360

4.970%

128,488.40

48,058.18

0.00

N/A

09/06/28

--

30,022,602.45

29,974,544.27

06/06/25

11

30315090

OF

Indianapolis

IN

Actual/360

4.897%

126,516.17

0.00

0.00

N/A

10/01/23

--

30,000,000.00

30,000,000.00

05/01/25

12

30315092

OF

Canonsburg

PA

Actual/360

4.700%

118,197.14

37,394.20

0.00

N/A

08/06/28

--

29,204,508.36

29,167,114.16

06/06/25

13

30315093

OF

Rochester

NY

Actual/360

5.440%

124,343.29

33,585.18

0.00

N/A

08/01/28

--

26,543,871.09

26,510,285.91

06/01/25

14

30315094

OF

Columbus

OH

Actual/360

4.942%

112,997.91

0.00

0.00

N/A

08/06/28

--

26,550,000.00

26,550,000.00

06/06/25

15A4

30315095

LO

Key Largo

FL

Actual/360

5.144%

40,999.44

13,566.22

0.00

N/A

06/06/28

--

9,255,881.15

9,242,314.93

05/06/25

15A5

30315096

LO

Key Largo

FL

Actual/360

5.144%

40,999.44

13,566.22

0.00

N/A

06/06/28

--

9,255,881.15

9,242,314.93

05/06/25

15A6

30315097

LO

Key Largo

FL

Actual/360

5.144%

20,499.72

6,783.11

0.00

N/A

06/06/28

--

4,627,940.57

4,621,157.46

05/06/25

16A2

30315038

   Various                  Various

NJ

Actual/360

5.853%

75,601.25

0.00

0.00

N/A

10/06/28

--

15,000,000.00

15,000,000.00

06/06/25

16A5

30315041

   Various                  Various

NJ

Actual/360

5.853%

50,400.83

0.00

0.00

N/A

10/06/28

--

10,000,000.00

10,000,000.00

06/06/25

17

30315098

RT

               Various

AZ

Actual/360

4.900%

95,064.08

0.00

0.00

N/A

10/01/28

--

22,530,000.00

22,530,000.00

06/01/25

18

30315099

MF

Memphis

TN

Actual/360

5.210%

92,643.93

0.00

0.00

N/A

09/06/28

--

20,650,000.00

20,650,000.00

05/06/25

19

30315100

SS

Various

NY

Actual/360

5.000%

87,079.86

0.00

0.00

N/A

09/01/28

--

20,225,000.00

20,225,000.00

06/01/25

20

30315101

MU

Mammoth Lakes

CA

Actual/360

4.960%

77,734.22

0.00

0.00

N/A

09/06/28

--

18,200,000.00

18,200,000.00

06/06/25

21

30315102

IN

Chatsworth

CA

Actual/360

5.020%

71,741.00

19,726.58

0.00

N/A

09/01/28

--

16,596,042.04

16,576,315.46

06/01/25

22

30315103

RT

Statesboro

GA

Actual/360

4.700%

60,295.13

23,335.22

0.00

N/A

09/01/28

--

14,897,905.59

14,874,570.37

05/01/25

 

 

 

 

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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

23

30315104

RT

Chino Hills

CA

Actual/360

5.175%

57,931.25

0.00

0.00

N/A

06/01/28

--

13,000,000.00

13,000,000.00

05/01/25

24

30315105

OF

Bloomfield Hills

MI

Actual/360

5.350%

47,568.79

16,648.78

0.00

N/A

09/06/28

--

10,325,452.51

10,308,803.73

06/06/25

25

30315106

IN

Riverview

FL

Actual/360

5.119%

42,741.83

13,030.25

0.00

N/A

09/06/28

--

9,696,361.47

9,683,331.22

06/06/25

26

30315107

LO

New Orleans

LA

Actual/360

4.820%

40,675.44

0.00

0.00

N/A

08/06/28

--

9,800,000.00

9,800,000.00

06/06/25

27

30315108

RT

Madison

AL

Actual/360

5.000%

35,240.02

11,195.05

0.00

N/A

10/01/28

--

8,184,779.20

8,173,584.15

06/01/25

28

30315109

RT

Escondido

CA

Actual/360

5.018%

37,161.08

0.00

0.00

N/A

10/01/28

--

8,600,000.00

8,600,000.00

06/01/25

29

30315110

LO

San Antonio

TX

Actual/360

5.830%

37,307.67

17,212.01

0.00

N/A

10/01/28

--

7,431,395.48

7,414,183.47

06/01/25

31

30315112

MU

Sewell

NJ

Actual/360

5.230%

30,309.83

11,012.59

0.00

N/A

10/06/28

--

6,730,117.60

6,719,105.01

06/06/25

32

30315113

RT

Austin

TX

Actual/360

5.058%

30,544.56

8,821.53

0.00

N/A

10/06/28

--

7,012,870.48

7,004,048.95

06/06/25

33

30315114

MF

Las Vegas

NV

Actual/360

4.965%

30,783.00

0.00

0.00

N/A

09/01/28

--

7,200,000.00

7,200,000.00

06/01/25

34

30315115

RT

Oro Valley

AZ

Actual/360

5.160%

27,423.04

10,295.29

0.00

N/A

09/01/28

--

6,171,727.26

6,161,431.97

05/01/25

35

30315116

RT

Sandy

UT

Actual/360

4.809%

27,745.26

0.00

0.00

N/A

09/06/28

--

6,700,000.00

6,700,000.00

06/06/25

36

30315117

SS

Indianapolis

IN

Actual/360

5.460%

25,383.70

8,533.21

0.00

N/A

09/01/28

--

5,398,872.16

5,390,338.95

06/01/25

37

30315118

MU

Palm Beach Gardens              FL

Actual/360

5.199%

22,843.04

8,452.76

0.00

N/A

09/06/28

--

5,102,404.90

5,093,952.14

06/06/25

38

30315119

OF

San Diego

CA

Actual/360

4.755%

22,929.67

0.00

0.00

N/A

09/06/28

--

5,600,000.00

5,600,000.00

06/06/25

39

30315120

MU

Los Angeles

CA

Actual/360

5.250%

24,864.58

0.00

0.00

N/A

10/06/28

--

5,500,000.00

5,500,000.00

06/06/25

40

30315121

RT

Taylor

MI

Actual/360

5.487%

22,158.51

7,324.12

0.00

N/A

10/06/28

--

4,689,713.56

4,682,389.44

06/06/25

41

30315122

RT

Chicago

IL

Actual/360

5.350%

23,172.27

5,586.04

0.00

N/A

08/01/28

--

5,029,856.26

5,024,270.22

06/01/25

42

30315123

SS

Glendale

AZ

Actual/360

4.930%

18,832.44

7,795.14

0.00

N/A

07/01/28

--

4,436,091.11

4,428,295.97

06/01/25

43

30315124

RT

Houston

TX

Actual/360

5.320%

20,713.18

5,027.13

0.00

N/A

09/06/28

--

4,521,430.75

4,516,403.62

06/06/25

44

30315125

IN

Westerville

OH

Actual/360

5.000%

19,805.56

0.00

0.00

N/A

08/01/28

--

4,600,000.00

4,600,000.00

06/01/25

45

30315126

RT

Carbondale

IL

Actual/360

4.880%

13,439.62

8,509.94

0.00

N/A

08/01/28

--

3,198,218.28

3,189,708.34

06/01/25

46

30315127

RT

Rocky Hill

CT

Actual/360

5.270%

15,883.19

0.00

0.00

N/A

09/01/28

--

3,500,000.00

3,500,000.00

06/01/25

47

30315128

RT

Worcester

MA

Actual/360

5.060%

11,814.63

7,004.29

0.00

N/A

09/01/28

--

2,711,505.34

2,704,501.05

06/01/25

Totals

 

 

 

 

 

 

3,563,391.05

575,465.97

0.00

 

 

 

861,696,521.33

861,121,055.36

 

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

163,624,408.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

26,822,384.60

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A6

63,827,639.11

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3B2

63,827,639.11

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

11,201,272.17

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

4,325,966.33

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A1A3

28,281,189.37

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A1A4

28,281,189.37

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

14,122,942.44

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

5,274,524.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9A1

4,556,378.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9A2

4,556,378.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

1,973,719.74

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

0.00

0.00

--

--

   01/18/25

1,386,536.35

5,841.34

120,545.67

120,545.67

0.00

0.00

 

 

12

9,523,316.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,420,890.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

3,069,663.44

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A4

11,907,811.68

0.00

--

--

--

 

0.00

0.00

54,525.80

54,525.80

0.00

0.00

 

 

15A5

11,907,811.68

0.00

--

--

--

 

0.00

0.00

54,525.80

54,525.80

0.00

0.00

 

 

15A6

11,907,811.68

0.00

--

--

--

 

0.00

0.00

27,262.91

27,262.91

0.00

0.00

 

 

16A2

9,366,781.54

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16A5

9,366,781.54

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

2,947,277.20

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

1,456,098.50

0.00

--

--

--

 

0.00

0.00

92,555.02

92,555.02

0.00

0.00

 

 

19

2,763,770.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

2,231,533.00

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

2,145,932.85

0.00

--

--

--

 

0.00

0.00

83,213.42

83,213.42

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

 

23

9,166,812.70

0.00

--

--

--

0.00

0.00

57,875.27

57,875.27

0.00

0.00

 

 

24

1,817,169.43

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,823,625.77

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,224,614.17

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

904,660.57

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

805,636.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

31

516,091.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

1,420,815.27

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

910,594.43

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

839,306.61

0.00

--

--

--

0.00

0.00

37,691.76

37,691.76

0.00

0.00

 

 

35

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

36

778,086.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

596,240.51

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

893,737.72

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

609,729.52

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

599,057.28

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

54,377.71

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

633,883.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

508,673.60

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

1,253,927.33

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

45

448,767.88

92,071.79

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

264,237.18

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

316,088.50

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

528,077,242.21

92,071.79

 

 

 

1,386,536.35

5,841.34

528,195.65

528,195.65

0.00

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.802142%

4.779023%

36

05/16/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.802307%

4.779187%

37

04/17/25

0

0.00

0

0.00

1

5,036,161.68

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.802487%

4.779366%

38

03/17/25

0

0.00

1

5,041,693.19

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.802650%

4.779528%

39

02/18/25

1

5,049,440.22

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.802860%

4.779737%

40

01/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.803021%

4.779897%

41

12/17/24

0

0.00

1

5,060,356.37

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.803181%

4.780057%

42

11/18/24

1

5,066,526.42

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.803356%

4.780231%

43

10/18/24

0

0.00

1

5,071,918.68

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.803514%

4.780388%

44

09/17/24

1

5,078,037.41

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.803686%

4.780560%

45

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

 

4.803842%

4.780715%

46

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

 

4.803997%

4.780870%

47

Note: 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

11

30315090

05/01/25

0

5

 

120,545.67

120,545.67

0.00

 

30,000,000.00

             11/01/23

98

 

 

 

 

15A4

30315095

05/06/25

0

B

 

54,525.80

54,525.80

0.00

 

9,255,881.15

 

 

 

 

 

 

15A5

30315096

05/06/25

0

B

 

54,525.80

54,525.80

0.00

 

9,255,881.15

 

 

 

 

 

 

15A6

30315097

05/06/25

0

B

 

27,262.91

27,262.91

0.00

 

4,627,940.57

 

 

 

 

 

 

18

30315099

05/06/25

0

B

 

92,555.02

92,555.02

0.00

 

20,650,000.00

 

 

 

 

 

 

22

30315103

05/01/25

0

B

 

83,213.42

83,213.42

0.00

 

14,897,905.59

 

 

 

 

 

 

23

30315104

05/01/25

0

B

 

57,875.27

57,875.27

0.00

 

13,000,000.00

 

 

 

 

 

 

34

30315115

05/01/25

0

B

 

37,691.76

37,691.76

0.00

 

6,171,727.26

 

 

 

 

 

 

Totals

 

 

 

 

 

528,195.65

528,195.65

0.00

           107,859,335.72

 

 

 

 

 

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

 

30,000,000

0

       30,000,000

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

 

136,105,787

136,105,787

0

 

 

0

 

37 - 48 Months

 

695,015,268

695,015,268

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

      30-59 Days

    60-89 Days

          90+ Days

     REO/Foreclosure

 

 

Jun-25

861,121,055

861,121,055

0

0

0

 

0

 

May-25

861,696,521

831,696,521

0

30,000,000

0

 

0

 

Apr-25

862,322,432

827,286,270

0

30,000,000

5,036,162

0

 

Mar-25

862,892,696

827,851,003

0

5,041,693

30,000,000

0

 

Feb-25

863,619,842

828,570,402

5,049,440

0

30,000,000

0

 

Jan-25

864,184,489

834,184,489

0

0

30,000,000

0

 

Dec-24

864,746,691

829,686,334

0

5,060,356

30,000,000

0

 

Nov-24

865,359,819

830,293,293

5,066,526

0

30,000,000

0

 

Oct-24

865,916,933

830,845,014

0

5,071,919

30,000,000

0

 

Sep-24

866,525,158

831,447,120

5,078,037

0

30,000,000

0

 

Aug-24

867,077,227

837,077,227

0

0

30,000,000

0

 

Jul-24

867,626,906

837,626,906

0

0

30,000,000

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

11

30315090

30,000,000.00

30,000,000.00

71,400,000.00

07/19/24

5,757,700.00

1.85000

05/31/18

10/01/23

I/O

16A2

30315038

15,000,000.00

15,000,000.00

166,800,000.00

09/09/21

9,048,366.54

1.64000

12/31/24

10/06/28

I/O

16A5

30315041

10,000,000.00

10,000,000.00

166,800,000.00

09/09/21

9,048,366.54

1.64000

12/31/24

10/06/28

I/O

41

30315122

5,024,270.22

5,024,270.22

7,600,000.00

06/12/18

49,016.96

0.57000

03/31/24

08/01/28

279

Totals

 

60,024,270.22

60,024,270.22

412,600,000.00

 

23,903,450.04

 

 

 

 

 

 

 

 

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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

 

11

30315090

OF

IN

11/01/23

98

 

 

 

 

6/11/2025- Loan is secured by a 687,237sf office building located in Indianapolis, IN. The Loan transferred to Special Servicing on August 28th, 2023, due to imminent monetary default with an upcoming maturity date of 10/1/2023. Lender''s

 

foreclosure comp laint and motion for the appointment of a receiver was filed with the courts on 2/2/2024. The motion for the appointment of a receiver was granted on 3/4/2024.

 

 

 

16A2

30315038

Various

NJ

12/01/22

98

 

 

 

 

06/05/2025: Loan transferred to Special Servicing on 12/01/22. Collateral is a 641k sf office and industrial portfolio in NJ. Loan transferred for monetary defaults other than monthly payments. Lender is pursuing all legal remedies as well as

 

continuing t o negotiate with Borrower for acceptable outcome.

 

 

 

 

 

 

16A5

30315041

Various

NJ

12/01/22

98

 

 

 

 

06/05/2025: Loan transferred to Special Servicing on 12/01/22. Collateral is a 641k sf office and industrial portfolio in NJ. Loan transferred for monetary defaults other than monthly payments. Lender is pursuing all legal remedies as well as

 

continuing t o negotiate with Borrower for acceptable outcome.

 

 

 

 

 

 

41

30315122

RT

IL

04/04/25

98

 

 

 

 

6/11/2025 - Loan transferred to SS on 4/8/2025 due to payment default. Collateral is a 16,052 sf retail property located in Chicago, Illinois and is currently 77% occupied to six tenants. Noteholder has issued a PNL and Borrower has yet to

 

respond. Counse l has been engaged and is working to rectify existing defaults, including but not limited to, full compliance with cash management and approval of a replacement property manager. Loan is currently due for 6/1/2025 payment.

 

 

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

4

30315079

44,848,809.85

4.75500%

44,848,809.85

4.75500%

8

06/02/20

05/01/20

06/10/20

4

30315079

44,615,617.16

4.75500%

44,615,617.16

4.75500%

8

09/03/20

08/01/20

09/18/20

4

30315079

0.00

4.75500%

0.00

4.75500%

10

04/21/23

04/21/23

05/03/23

23

30315104

0.00

5.17500%

0.00

5.17500%

8

10/30/20

06/01/20

11/25/20

29

30315110

8,358,607.64

5.83000%

8,358,607.64

5.83000%

8

05/08/20

05/01/20

05/19/20

32

30315113

7,285,000.00

5.05800%

7,285,000.00

5.05800%

10

04/30/20

05/06/20

05/01/20

Totals

 

60,259,224.80

 

60,259,224.80

 

 

 

 

 

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)

11

0.00

0.00

6,458.33

0.00

0.00

(5,652.91)

0.00

0.00

0.00

0.00

0.00

0.00

16A2

0.00

0.00

3,229.17

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

16A5

0.00

0.00

2,152.78

0.00

0.00

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

(16.27)

0.00

0.00

0.00

41

0.00

0.00

3,500.00

0.00

0.00

0.00

0.00

0.00

(1,176.92)

0.00

0.00

0.00

Total

0.00

0.00

15,340.28

0.00

0.00

(5,652.91)

0.00

0.00

(1,193.19)

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

8,494.18

 

 

 

 

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Page 26 of 27

 


 

 

   

Supplemental Notes

 

Risk Retention

 

Pursuant to the PSA and the Credit Risk Retention Agreement, the Certificate Administrator has made available on www.ctslink.com <http://www.ctslink.com>, specifically under the "Risk Retention Special Notices" tab for the MSC 2018-L1 transaction, certain

information provided to the Certificate Administrator regarding the Retaining Sponsor's compliance with the Retention Covenant. Investors should refer to the Certificate Administrator's website for all such information.Disclosable Special Servicer Fees, Loan

Event of Default, Servicer Termination Event or Special Servicer Termination Event information would be disclosed here.

 

 

 

 

 

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Page 27 of 27