Distribution Date:

07/17/25

BMO 2023-5C1 MORTGAGE TRUST

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2023-5C1

 

         

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

BMO Commercial Mortgage Securities LLC, a Delaware limited

 

 

 

 

liability company

 

Certificate Factor Detail

3

 

Paul Vanderslice

 

Certificate Interest Reconciliation Detail

4

 

151 West 42nd Street | New York, NY 10036 | United States

 

Additional Information

5

Master Servicer

KeyBank National Association

 

Bond / Collateral Reconciliation - Cash Flows

6

 

www.key.com/key2cre

Surveillance_Inquiries@KeyBank.com

 

Bond / Collateral Reconciliation - Balances

7

 

11501 Outlook Street, Suite 300 | Overland Park, KS 66211 | United States

 

 

Current Mortgage Loan and Property Stratification

8-12

Special Servicer

3650 REIT Commercial Mortgage Securities II LLC

 

 

Mortgage Loan Detail (Part 1)

13-14

 

Attention: General Counsel

compliance@3650REIT.com

 

 

 

2977 McFarlane Road, Suite 300 | Miami, FL 33133 | United States

 

Mortgage Loan Detail (Part 2)

15-16

 

 

 

 

 

Trustee

Computershare Trust Company, N.A.

 

Principal Prepayment Detail

17

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Historical Detail

18

 

 

trustadministrationgroup@computershare.com

 

Delinquency Loan Detail

19

 

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

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

Collateral Stratification and Historical Detail

20

 

 

 

 

 

 

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

Operating Advisor & Asset

Pentalpha Surveillance LLC

 

 

 

Representations Reviewer

 

 

Historical Liquidated Loan Detail

24

 

Attention: BMO 2023-5C1—Transaction Manager

notices@pentalphasurveillance.com

Historical Bond / Collateral Loss Reconciliation Detail

25

 

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

 

Interest Shortfall Detail - Collateral Level

26

Controlling Class

3650 Real Estate Investment Trust 2 LLC

 

 

 

Representative

 

 

Supplemental Notes

27

 

 

 

 

 

 

-

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

© 2021 Computershare. All rights reserved. Confidential.

Page 1 of 27

 


 
 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

    Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

     Original Balance                               Beginning Balance

Distribution

Distribution

    Penalties

     Realized Losses               Total Distribution             Ending Balance

Support¹        Support¹

 

A-1

055986AA1

6.427400%

708,000.00

439,763.90

15,144.42

2,355.45

0.00

0.00

17,499.87

424,619.48

30.01%

30.00%

A-3

055986AC7

6.534000%

535,695,000.00

535,695,000.00

0.00

2,916,859.27

0.00

0.00

2,916,859.27

535,695,000.00

30.01%

30.00%

A-S

055986AF0

7.117462%

77,587,000.00

77,587,000.00

0.00

460,185.43

0.00

0.00

460,185.43

77,587,000.00

19.88%

19.88%

B

055986AG8

6.960000%

50,767,000.00

50,767,000.00

0.00

294,448.60

0.00

0.00

294,448.60

50,767,000.00

13.25%

13.25%

C

055986AH6

7.117462%

25,862,000.00

25,862,000.00

0.00

153,393.17

0.00

0.00

153,393.17

25,862,000.00

9.88%

9.88%

D

055986AL7

4.000000%

15,518,000.00

15,518,000.00

0.00

51,726.67

0.00

0.00

51,726.67

15,518,000.00

7.85%

7.85%

E-RR

055986AN3

7.117462%

8,429,000.00

8,429,000.00

0.00

49,994.24

0.00

0.00

49,994.24

8,429,000.00

6.75%

6.75%

F-RR

055986AQ6

7.117462%

15,326,000.00

15,326,000.00

0.00

90,901.85

0.00

0.00

90,901.85

15,326,000.00

4.75%

4.75%

G-RR

055986AS2

7.117462%

10,536,000.00

10,536,000.00

0.00

62,491.32

0.00

0.00

62,491.32

10,536,000.00

3.38%

3.38%

J-RR*

055986AU7

7.117462%

25,863,090.00

25,863,090.00

0.00

151,316.31

0.00

0.00

151,316.31

25,863,090.00

0.00%

0.00%

R

055986AW3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

766,291,090.00

766,022,853.90

15,144.42

4,233,672.31

0.00

0.00

4,248,816.73

766,007,709.48

 

 

 

 

X-A

055986AD5

0.583549%

536,403,000.00

536,134,763.90

0.00

260,717.56

0.00

0.00

260,717.56

536,119,619.48

 

 

X-B

055986AE3

0.051836%

154,216,000.00

154,216,000.00

0.00

6,661.56

0.00

0.00

6,661.56

154,216,000.00

 

 

X-D

055986AJ2

3.117462%

15,518,000.00

15,518,000.00

0.00

40,313.98

0.00

0.00

40,313.98

15,518,000.00

 

 

Notional SubTotal

 

706,137,000.00

705,868,763.90

0.00

307,693.10

0.00

0.00

307,693.10

705,853,619.48

 

 

 

Deal Distribution Total

 

 

 

15,144.42

4,541,365.41

0.00

0.00

4,556,509.83

 

 

 

 

*

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

055986AA1

621.13545198

21.39042373

3.32690678

0.00000000

0.00000000

0.00000000

0.00000000

24.71733051

599.74502825

A-3

055986AC7

1,000.00000000

0.00000000

5.44499999

0.00000000

0.00000000

0.00000000

0.00000000

5.44499999

1,000.00000000

A-S

055986AF0

1,000.00000000

0.00000000

5.93121825

0.00000000

0.00000000

0.00000000

0.00000000

5.93121825

1,000.00000000

B

055986AG8

1,000.00000000

0.00000000

5.80000000

0.00000000

0.00000000

0.00000000

0.00000000

5.80000000

1,000.00000000

C

055986AH6

1,000.00000000

0.00000000

5.93121839

0.00000000

0.00000000

0.00000000

0.00000000

5.93121839

1,000.00000000

D

055986AL7

1,000.00000000

0.00000000

3.33333355

0.00000000

0.00000000

0.00000000

0.00000000

3.33333355

1,000.00000000

E-RR

055986AN3

1,000.00000000

0.00000000

5.93121841

0.00000000

0.00000000

0.00000000

0.00000000

5.93121841

1,000.00000000

F-RR

055986AQ6

1,000.00000000

0.00000000

5.93121819

0.00000000

0.00000000

0.00000000

0.00000000

5.93121819

1,000.00000000

G-RR

055986AS2

1,000.00000000

0.00000000

5.93121868

0.00000000

0.00000000

0.00000000

0.00000000

5.93121868

1,000.00000000

J-RR

055986AU7

1,000.00000000

0.00000000

5.85066634

0.08055186

0.53089944

0.00000000

0.00000000

5.85066634

1,000.00000000

R

055986AW3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

055986AD5

999.49993550

0.00000000

0.48604792

0.00000000

0.00000000

0.00000000

0.00000000

0.48604792

999.47170221

X-B

055986AE3

1,000.00000000

0.00000000

0.04319630

0.00000000

0.00000000

0.00000000

0.00000000

0.04319630

1,000.00000000

X-D

055986AJ2

1,000.00000000

0.00000000

2.59788504

0.00000000

0.00000000

0.00000000

0.00000000

2.59788504

1,000.00000000

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 3 of 27

 


 
 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

   Interest

 

    Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

   Shortfalls /

Payback of Prior

     Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

    (Paybacks)

Realized Losses

     Amount

Distribution

Interest Shortfalls

 

A-1

06/01/25 - 06/30/25

30

0.00

2,355.45

0.00

2,355.45

0.00

0.00

0.00

2,355.45

0.00

 

A-3

06/01/25 - 06/30/25

30

0.00

2,916,859.27

0.00

2,916,859.27

0.00

0.00

0.00

2,916,859.27

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

260,717.56

0.00

260,717.56

0.00

0.00

0.00

260,717.56

0.00

 

X-B

06/01/25 - 06/30/25

30

0.00

6,661.56

0.00

6,661.56

0.00

0.00

0.00

6,661.56

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

40,313.98

0.00

40,313.98

0.00

0.00

0.00

40,313.98

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

460,185.43

0.00

460,185.43

0.00

0.00

0.00

460,185.43

0.00

 

B

06/01/25 - 06/30/25

30

0.00

294,448.60

0.00

294,448.60

0.00

0.00

0.00

294,448.60

0.00

 

C

06/01/25 - 06/30/25

30

0.00

153,393.17

0.00

153,393.17

0.00

0.00

0.00

153,393.17

0.00

 

D

06/01/25 - 06/30/25

30

0.00

51,726.67

0.00

51,726.67

0.00

0.00

0.00

51,726.67

0.00

 

E-RR

06/01/25 - 06/30/25

30

0.00

49,994.24

0.00

49,994.24

0.00

0.00

0.00

49,994.24

0.00

 

F-RR

06/01/25 - 06/30/25

30

0.00

90,901.85

0.00

90,901.85

0.00

0.00

0.00

90,901.85

0.00

 

G-RR

06/01/25 - 06/30/25

30

0.00

62,491.32

0.00

62,491.32

0.00

0.00

0.00

62,491.32

0.00

 

J-RR

06/01/25 - 06/30/25

30

11,578.70

153,399.63

0.00

153,399.63

2,083.32

0.00

0.00

151,316.31

13,730.70

 

R

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

 

11,578.70

4,543,448.73

0.00

4,543,448.73

2,083.32

0.00

0.00

4,541,365.41

13,730.70

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 4 of 27

 


 
 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,556,509.83

 

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

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

Page 5 of 27

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,554,462.85

Master Servicing Fee

2,016.56

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,162.31

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

319.18

ARD Interest

0.00

Operating Advisor Fee

1,324.58

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

191.51

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,554,462.85

Total Fees

11,014.14

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

15,144.42

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

2,083.33

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

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

15,144.42

Total Expenses/Reimbursements

2,083.33

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,541,365.41

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

15,144.42

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

4,556,509.83

Total Funds Collected

4,569,607.27

Total Funds Distributed

4,569,607.30

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

   Total

 

      Total

Beginning Scheduled Collateral Balance

766,022,854.81

766,022,854.81

Beginning Certificate Balance

766,022,853.90

(-) Scheduled Principal Collections

15,144.42

15,144.42

(-) Principal Distributions

15,144.42

(-) 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

766,007,710.39

766,007,710.39

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

766,022,854.81

766,022,854.81

Ending Certificate Balance

766,007,709.48

Ending Actual Collateral Balance

766,007,710.39

766,007,710.39

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.91)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.91)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

7.12%

 

 

 

 

UC / (OC) Interest

(0.01)

(1)

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

 

 

 

(2)

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

 

 

 

**

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

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 7 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

$4,999,999 or less

6

19,517,131.39

2.55%

36

7.0705

1.492608

1.49 or less

20

420,687,710.39

54.92%

35

7.3335

1.279073

$5,000,000 to $9,999,999

12

80,600,000.00

10.52%

35

7.3271

1.638809

1.50 to 1.59

9

84,000,000.00

10.97%

34

7.4407

1.572619

$10,000,000 to $19,999,999

20

266,790,579.00

34.83%

35

7.2320

1.732635

1.60 to 1.69

9

109,500,000.00

14.29%

36

8.0277

1.648402

$20,000,000 to $29,999,999

5

132,000,000.00

17.23%

36

7.5421

1.307955

1.70 to 1.79

3

36,320,000.00

4.74%

35

6.6347

1.746635

$30,000,000 to $39,999,999

4

128,000,000.00

16.71%

35

7.6908

1.392969

1.80 to 1.89

0

0.00

0.00%

0

0.0000

0.000000

 

$40,000,000 or greater

3

139,100,000.00

18.16%

36

5.9472

1.796139

1.90 to 1.99

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

2.00 or greater

9

115,500,000.00

15.08%

36

5.4987

2.685152

 

 

 

 

 

 

 

 

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 8 of 27

 


 
 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Arizona

1

280,780.57

0.04%

36

6.3900

1.540000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

11

120,936,000.00

15.79%

34

7.7746

1.394141

Arkansas

2

4,820,000.00

0.63%

37

6.8300

1.790000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

1

5,000,000.00

0.65%

37

7.6700

1.430000

California

3

66,000,000.00

8.62%

36

7.5404

1.546364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

10

114,679,131.39

14.97%

35

5.4965

1.865656

Connecticut

3

58,488,023.36

7.64%

35

6.0033

1.173087

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

21

252,326,328.53

32.94%

36

7.0274

1.653856

Florida

5

12,746,567.20

1.66%

34

6.5391

1.559109

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

2

10,000,000.00

1.31%

35

7.9100

4.470000

Georgia

17

72,027,218.69

9.40%

34

7.8672

1.513100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

15

219,068,101.59

28.60%

35

7.6698

1.454203

Indiana

1

151,086.70

0.02%

36

6.3900

1.540000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

47

14,820,000.00

1.93%

36

6.5331

1.621309

Kentucky

3

35,192,101.59

4.59%

35

7.7971

1.381705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

107

766,007,710.39

100.00%

35

7.1347

1.598238

Maine

2

320,892.09

0.04%

36

6.3900

1.540000

 

 

 

 

 

 

 

Maryland

3

477,326.98

0.06%

36

6.3900

1.540000

 

 

 

 

 

 

 

Massachusetts

3

24,500,000.00

3.20%

36

6.2980

2.100000

 

 

 

 

 

 

 

Michigan

2

13,582,663.21

1.77%

34

7.3416

1.361573

 

 

 

 

 

 

 

New Jersey

4

38,728,635.62

5.06%

33

5.8432

2.235093

 

 

 

 

 

 

 

New York

28

208,261,121.58

27.19%

35

6.5950

1.789497

 

 

 

 

 

 

 

North Carolina

3

26,548,190.64

3.47%

36

7.7219

1.334336

 

 

 

 

 

 

 

Ohio

7

39,450,852.62

5.15%

34

7.3472

1.360524

 

 

 

 

 

 

 

Pennsylvania

4

42,500,000.00

5.55%

36

7.6850

1.629412

 

 

 

 

 

 

 

Rhode Island

2

506,742.08

0.07%

36

6.3900

1.540000

 

 

 

 

 

 

 

South Carolina

5

771,478.00

0.10%

36

6.3900

1.540000

 

 

 

 

 

 

 

Tennessee

1

7,491,339.21

0.98%

36

7.9999

1.160000

 

 

 

 

 

 

 

Texas

3

21,050,000.00

2.75%

34

7.5627

1.639976

 

 

 

 

 

 

 

Virginia

5

62,934,541.37

8.22%

37

8.2898

1.635337

 

 

 

 

 

 

 

Totals

107

766,007,710.39

100.00%

35

7.1347

1.598238

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 9 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

4.99999% or below

1

41,000,000.00

5.35%

35

4.1876

3.040000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

5.00000% to 5.99999%

5

49,500,000.00

6.46%

37

5.7165

2.098889

13 months to 24 months

21

306,507,710.39

40.01%

36

7.5455

1.514990

 

6.00000% to 6.49999%

5

98,000,000.00

12.79%

35

6.1310

1.492449

25 months to 36 months

28

445,500,000.00

58.16%

34

6.9072

1.637861

 

6.50000% to 6.99999%

7

91,920,000.00

12.00%

35

6.7898

1.245603

37 months to 48 months

1

14,000,000.00

1.83%

47

5.3800

2.160000

 

7.00000% to 7.49999%

8

135,850,000.00

17.73%

35

7.3832

1.372017

49 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

7.50000% to 7.99999%

16

194,587,710.39

25.40%

35

7.7765

1.641677

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

 

8.0000 or greater

8

155,150,000.00

20.25%

35

8.1818

1.476851

 

 

 

 

 

 

 

 

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 10 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

60 months or less

50

766,007,710.39

100.00%

35

7.1347

1.598238

359 months or less

50

766,007,710.39

100.00%

35

7.1347

1.598238

 

61 months or more

0

0.00

0.00%

0

0.0000

0.000000

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

 

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 11 of 27

 


 
 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

         Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

          WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

            DSCR¹

Underwriter's Information

9

103,300,000.00

13.49%

34

7.3537

1.590968

 

 

No outstanding loans in this group

 

 

12 months or less

39

644,207,710.39

84.10%

36

7.0847

1.557970

 

 

 

 

 

 

13 months to 24 months

2

18,500,000.00

2.42%

35

7.6527

3.041081

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

50

766,007,710.39

100.00%

35

7.1347

1.598238

 

 

 

 

 

(1)

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

 

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

 

 

(2)

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

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 12 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

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

26

10243439

IN

Tomball

TX

Actual/360

7.280%

24,570.00

0.00

0.00

N/A

06/01/28

--

4,050,000.00

4,050,000.00

07/01/25

19

10245214

Various     Various

NY

Actual/360

7.300%

100,375.00

0.00

0.00

N/A

08/01/28

--

16,500,000.00

16,500,000.00

07/01/25

1A-1

10247665

RT

Brooklyn

NY

Actual/360

6.873%

171,825.00

0.00

0.00

N/A

06/05/28

--

30,000,000.00

30,000,000.00

07/05/25

1A-3

10247667

RT

Brooklyn

NY

Actual/360

6.873%

163,233.75

0.00

0.00

N/A

06/05/28

--

28,500,000.00

28,500,000.00

07/05/25

1A-5

10247669

RT

Brooklyn

NY

Actual/360

6.873%

22,910.00

0.00

0.00

N/A

06/05/28

--

4,000,000.00

4,000,000.00

07/05/25

2A-3-1

10247689

OF

New York

NY

Actual/360

7.440%

155,000.00

0.00

0.00

N/A

07/06/28

--

25,000,000.00

25,000,000.00

07/06/25

2A-3-2

10247690

OF

New York

NY

Actual/360

7.440%

170,500.00

0.00

0.00

N/A

07/06/28

--

27,500,000.00

27,500,000.00

07/06/25

2A-3-3

10247691

OF

New York

NY

Actual/360

7.440%

62,000.00

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

07/06/25

3A-5

10247701

RT

Richmond

VA

Actual/360

8.303%

207,575.00

0.00

0.00

N/A

08/01/28

--

30,000,000.00

30,000,000.00

07/01/25

3A-6

10247702

RT

Richmond

VA

Actual/360

8.303%

172,979.17

0.00

0.00

N/A

08/01/28

--

25,000,000.00

25,000,000.00

07/01/25

3A-7-1

10247703

RT

Richmond

VA

Actual/360

8.303%

51,893.75

0.00

0.00

N/A

08/01/28

--

7,500,000.00

7,500,000.00

07/01/25

4

10247705

MF

Danbury

CT

Actual/360

6.000%

290,000.00

0.00

0.00

N/A

06/05/28

--

58,000,000.00

58,000,000.00

07/05/25

5A-1-A-2

10247706

Various     Various

Various

Actual/360

7.350%

52,062.50

0.00

0.00

N/A

05/01/28

--

8,500,000.00

8,500,000.00

07/01/25

5A-1-B-1

10247707

 

 

 

Actual/360

7.350%

183,750.00

0.00

0.00

N/A

05/01/28

--

30,000,000.00

30,000,000.00

07/01/25

5A-1-B-2

10247708

 

 

 

Actual/360

7.350%

87,587.50

0.00

0.00

N/A

05/01/28

--

14,300,000.00

14,300,000.00

07/01/25

6A-1

10247709

IN

Riverside

CA

Actual/360

8.122%

257,196.67

0.00

0.00

N/A

04/01/28

--

38,000,000.00

38,000,000.00

07/01/25

6A-2

10247710

IN

Riverside

CA

Actual/360

8.122%

94,756.67

0.00

0.00

N/A

04/01/28

--

14,000,000.00

14,000,000.00

07/01/25

7A-3

10247713

RT

Atlanta

GA

Actual/360

7.870%

98,375.00

0.00

0.00

N/A

05/01/28

--

15,000,000.00

15,000,000.00

07/01/25

7A-4

10247714

RT

Atlanta

GA

Actual/360

7.870%

65,583.33

0.00

0.00

N/A

05/01/28

--

10,000,000.00

10,000,000.00

07/01/25

7A-5

10247715

RT

Atlanta

GA

Actual/360

7.870%

45,908.33

0.00

0.00

N/A

05/01/28

--

7,000,000.00

7,000,000.00

07/01/25

7A-9

10247716

RT

Atlanta

GA

Actual/360

7.870%

81,979.17

0.00

0.00

N/A

05/01/28

--

12,500,000.00

12,500,000.00

07/01/25

7A-11

10247717

RT

Atlanta

GA

Actual/360

7.870%

49,187.50

0.00

0.00

N/A

05/01/28

--

7,500,000.00

7,500,000.00

07/01/25

8A-1

10247718

MF

New York

NY

Actual/360

4.188%

143,077.35

0.00

0.00

N/A

06/06/28

--

41,000,000.00

41,000,000.00

07/06/25

9

10247720

LO

Queens

NY

Actual/360

7.670%

256,305.83

0.00

0.00

N/A

08/06/28

--

40,100,000.00

40,100,000.00

07/06/25

10A-5-1

10247721

OF

Boston

MA

Actual/360

6.298%

91,845.83

0.00

0.00

N/A

07/06/28

--

17,500,000.00

17,500,000.00

07/06/25

10A-8-2-B

10247722

OF

Boston

MA

Actual/360

6.298%

13,120.83

0.00

0.00

N/A

07/06/28

--

2,500,000.00

2,500,000.00

07/06/25

10A-8-3

10247723

OF

Boston

MA

Actual/360

6.298%

52,483.33

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

07/06/25

11A-2-1-B

10247724

OF

Jersey City

NJ

Actual/360

5.840%

73,000.00

0.00

0.00

N/A

04/06/28

--

15,000,000.00

15,000,000.00

07/06/25

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

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

11A-4-2

10247725

OF

Jersey City

NJ

Actual/360

5.840%

24,333.33

0.00

0.00

N/A

04/06/28

--

5,000,000.00

5,000,000.00

07/06/25

11A-8

10247726

OF

Jersey City

NJ

Actual/360

5.840%

48,666.67

0.00

0.00

N/A

04/06/28

--

10,000,000.00

10,000,000.00

07/06/25

12A-3

10247729

OF

Philadelphia

PA

Actual/360

7.685%

12,808.33

0.00

0.00

N/A

07/06/28

--

2,000,000.00

2,000,000.00

07/06/25

12A-4

10247730

OF

Philadelphia

PA

Actual/360

7.685%

80,052.08

0.00

0.00

N/A

07/06/28

--

12,500,000.00

12,500,000.00

07/06/25

12A-5

10247731

OF

Philadelphia

PA

Actual/360

7.685%

48,031.25

0.00

0.00

N/A

07/06/28

--

7,500,000.00

7,500,000.00

07/06/25

12A-6

10247732

OF

Philadelphia

PA

Actual/360

7.685%

32,020.83

0.00

0.00

N/A

07/06/28

--

5,000,000.00

5,000,000.00

07/06/25

13

10247733

OF

Fayetteville

NC

Actual/360

7.750%

167,916.67

0.00

0.00

N/A

07/06/28

--

26,000,000.00

26,000,000.00

07/06/25

14A-4

10247734

RT

Louisville

KY

Actual/360

8.120%

118,416.67

0.00

0.00

N/A

06/01/28

--

17,500,000.00

17,500,000.00

07/01/25

14A-6

10247735

RT

Louisville

KY

Actual/360

8.120%

33,833.33

0.00

0.00

N/A

06/01/28

--

5,000,000.00

5,000,000.00

07/01/25

15A-3-1

10247736

OF

Houston

TX

Actual/360

7.630%

79,479.17

0.00

0.00

N/A

05/06/28

--

12,500,000.00

12,500,000.00

07/06/25

15A-3-2

10247737

OF

Houston

TX

Actual/360

7.630%

47,687.50

0.00

0.00

N/A

05/06/28

--

7,500,000.00

7,500,000.00

07/06/25

16

10247738

IN

Various

GA

Actual/360

8.012%

121,181.50

0.00

0.00

N/A

05/01/28

--

18,150,000.00

18,150,000.00

07/01/25

17A-1

10247739

OF

Knoxville

TN

Actual/360

8.000%

115,692.08

13,449.26

0.00

N/A

07/06/28

--

17,354,028.26

17,340,579.00

07/06/25

18A-3

10247741

OF

Miami

FL

Actual/360

6.546%

54,550.00

0.00

0.00

N/A

05/06/28

--

10,000,000.00

10,000,000.00

07/06/25

18A-4

10247742

OF

Miami

FL

Actual/360

6.546%

38,185.00

0.00

0.00

N/A

05/06/28

--

7,000,000.00

7,000,000.00

07/06/25

20A-2

10247743

OF

Corte Madera

CA

Actual/360

5.380%

62,766.67

0.00

0.00

N/A

06/05/29

--

14,000,000.00

14,000,000.00

07/05/25

21A-1

10247744

98

New York

NY

Actual/360

7.910%

65,916.67

0.00

0.00

N/A

06/06/28

--

10,000,000.00

10,000,000.00

01/06/25

22A-2-1

10247745

SS

Various

Various

Actual/360

6.390%

53,250.00

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

07/06/25

23

10247746

MF

Louisville

KY

Actual/360

6.625%

41,958.33

0.00

0.00

N/A

07/01/28

--

7,600,000.00

7,600,000.00

07/01/25

24A-4-2-2

10247747

RT

Valley Stream

NY

Actual/360

5.899%

27,037.08

0.00

0.00

N/A

01/06/28

--

5,500,000.00

5,500,000.00

07/06/25

25

10247748

SS

Little Rock

AR

Actual/360

6.830%

27,433.83

0.00

0.00

N/A

08/06/28

--

4,820,000.00

4,820,000.00

07/06/25

27

10247749

MF

Riverhead

NY

Actual/360

7.910%

14,164.35

1,695.16

0.00

N/A

07/06/28

--

2,148,826.55

2,147,131.39

07/06/25

Totals

 

 

 

 

 

 

4,554,462.85

15,144.42

0.00

 

 

 

766,022,854.81

766,007,710.39

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 14 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

   Most Recent            Most Recent        Appraisal

 

 

 

 

   Cumulative

Current

 

 

 

Most Recent

Most Recent

  NOI Start

  NOI End

   Reduction

Appraisal

    Cumulative

Current P&I

Cumulative P&I

    Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

 Date

  Date

  Date

Reduction Amount

     ASER

Advances

Advances

    Advances

from Principal

Defease Status

 

26

0.00

435,390.74

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

0.00

2,238,619.92

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-1

13,214,880.04

12,797,518.21

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-3

0.00

12,797,518.21

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-5

0.00

12,797,518.21

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-3-1

0.00

29,170,830.33

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-3-2

0.00

29,170,830.33

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-3-3

0.00

29,170,830.33

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-5

0.00

26,629,293.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-6

0.00

19,361,528.40

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-7-1

0.00

26,629,293.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

0.00

4,178,652.34

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A-1-A-2

0.00

9,402,981.00

01/01/24

06/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A-1-B-1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A-1-B-2

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A-1

0.00

8,257,025.25

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A-2

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-3

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-4

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-5

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-9

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-11

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A-1

0.00

7,043,201.41

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

5,174,244.01

5,035,418.10

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-5-1

60,431,393.00

75,161,211.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-8-2-B

60,431,393.00

75,161,211.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-8-3

60,431,393.00

75,161,211.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A-2-1-B

0.00

24,938,484.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 15 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

   Most Recent           Most Recent          Appraisal

 

 

 

 

   Cumulative

Current

 

 

 

Most Recent

Most Recent

   NOI Start

   NOI End

    Reduction

Appraisal

    Cumulative

Current P&I

Cumulative P&I

   Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

  Date

   Date

   Date

Reduction Amount

     ASER

Advances

Advances

   Advances

from Principal

Defease Status

 

11A-4-2

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A-8

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-3

6,350,560.19

6,576,422.15

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-4

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-5

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,912,742.86

2,927,469.11

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A-4

8,002,243.00

11,071,141.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A-6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A-3-1

0.00

23,810,158.62

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A-3-2

0.00

23,810,158.62

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

0.00

1,930,598.62

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17A-1

2,355,115.67

2,871,872.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A-3

0.00

5,145,905.19

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A-4

0.00

5,145,905.19

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20A-2

3,338,870.00

3,520,111.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21A-1

0.00

1,811,548.38

01/01/24

06/30/24

--

0.00

0.00

65,778.38

397,546.79

0.00

0.00

 

 

22A-2-1

44,486,284.47

47,575,716.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

0.00

667,582.19

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24A-4-2-2

49,131,091.00

50,442,621.32

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

0.00

628,729.36

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

162,929.05

161,554.11

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

417,162,584.29

792,483,507.00

 

 

 

0.00

0.00

65,778.38

397,546.79

0.00

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 16 of 27

 


 
 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 17 of 27

 


 
 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

 

Curtailments

 

Payoff

 

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

     Balance

#

   Balance

#

   Balance

#

      Balance

#

     Balance

#

Balance

 

#

      Amount

#

Amount

 

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07/17/25

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134699%

7.117445%

35

06/17/25

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134716%

7.117462%

36

05/16/25

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134728%

7.117474%

37

04/17/25

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134745%

7.117491%

38

03/17/25

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134756%

7.117502%

39

02/18/25

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134783%

7.117529%

40

01/17/25

1

10,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134794%

7.117540%

41

12/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134806%

7.117552%

42

11/18/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134822%

7.117568%

43

10/18/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134833%

7.117579%

44

09/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

7.134849%

7.117595%

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

 

7.134860%

7.117606%

46

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 18 of 27

 


 
 

 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

     Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

      Servicer

Actual Principal

Transfer

Strategy

    Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

       Advances

Balance

Date

Code²

 

Date

Date

REO Date

21A-1

10247744

01/06/25

5

6

 

65,778.38

397,546.79

0.00

10,000,000.00

02/27/25

98

 

 

 

 

Totals

 

 

 

 

 

65,778.38

397,546.79

0.00

10,000,000.00

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 19 of 27

 


 
 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

     Total

      Performing

Non-Performing

            REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

628,087,710

618,087,710

       10,000,000

0

 

37 - 48 Months

 

137,920,000

137,920,000

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

 

 

Jul-25

766,007,710

756,007,710

0

0

10,000,000

0

 

Jun-25

766,022,855

756,022,855

0

0

10,000,000

0

 

May-25

766,033,597

756,033,597

0

0

10,000,000

0

 

Apr-25

766,048,570

756,048,570

0

0

10,000,000

0

 

Mar-25

766,059,136

756,059,136

0

0

10,000,000

0

 

Feb-25

766,082,567

756,082,567

0

10,000,000

0

 

0

 

Jan-25

766,092,901

756,092,901

10,000,000

0

0

 

0

 

Dec-24

766,103,164

766,103,164

0

0

0

 

0

 

Nov-24

766,117,677

766,117,677

0

0

0

 

0

 

Oct-24

766,127,771

766,127,771

0

0

0

 

0

 

Sep-24

766,142,121

766,142,121

0

0

0

 

0

 

Aug-24

766,152,048

766,152,048

0

0

0

 

0

 

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

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

Page 20 of 27

 


 
 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

21A-1

10247744

10,000,000.00

10,000,000.00

72,100,000.00

04/25/23

1,797,798.38

4.47000

06/30/24

06/06/28

(24)

Totals

 

10,000,000.00

10,000,000.00

72,100,000.00

 

1,797,798.38

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 21 of 27

 


 
 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

21A-1

10247744

98

NY

02/27/25

98

 

 

 

"

7/11/2025

Transfer to SS 2/7/25 due to loan payment default. NOD sent 3/27/25. PNA executed 4/2/25. Partial financial information has been received from the Borrower. As of 12/31/24, NCF is reported by the Borrower as $3.10M, a

0.88x DSCR. App raisals havebeen received and are under review. A property condition assessment was requested, however the borrower has not allowed access to the property. Negotiations are ongoing via counsel.

"

 

 

 

 

 

 

 

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

Page 22 of 27

 


 
 

 

                 

 

 

 

 

Modified Loan Detail

 

 

 

 

 

 

Pre-Modification

Post-Modification

 

Modification

Modification

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

  Balance

Rate

  Balance

Rate

 

 

 

Pros ID

Loan Number

 

 

 

Code¹

Date

Date

Date

 

 

 

 

No modified loans this period

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

Page 23 of 27

 


 
 

 

                       

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

      Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹        Number      Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

 

 

 

 

No liquidated loans this period

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 24 of 27

 


 
 

 

                     

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

    Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID       Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 25 of 27

 


 
 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

  Modified

 

 

   Deferred

 

 

 

 

 

Non-

 

Reimbursement of

   Other

   Interest

 

    Interest

    Interest

 

 

 

 

 

Recoverable

   Interest on

Advances from

   Shortfalls /

   Reduction /

Pros ID

    Adjustments

    Collected

   Monthly

    Liquidation

     Work Out

      ASER

PPIS / (PPIE)

Interest

   Advances

Interest

   (Refunds)

     (Excess)

21A-1

0.00

0.00

2,083.33

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

2,083.33

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

2,083.33

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 26 of 27

 


 
 

 

     

 

    Supplemental Notes

 

 

None

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

Page 27 of 27