Distribution Date:

09/17/25

Benchmark 2018-B7 Mortgage Trust

Determination Date:

09/11/25

 

Next Distribution Date:

10/20/25

 

Record Date:

08/29/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2018-B7

 

           

Table of Contents

 

 

Contacts

 

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2

Depositor

Deutsche Mortgage & Asset Receiving Corporation

 

 

 

Certificate Factor Detail

3

 

Lainie Kaye

 

cmbs.requests@db.com

 

Certificate Interest Reconciliation Detail

4

 

1 Columbus Circle | New York, NY 10019 | United States

 

 

 

 

Master Servicer

KeyBank National Association

 

 

Exchangeable Certificate Detail

5-6

 

 

 

 

 

 

 

Attention: Alan Williams

 

keybank_notices@keybank.com

Exchangeable Certificate Factor Detail

7

 

 

 

 

 

 

 

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

 

Additional Information

8

Special Servicer

LNR Partners, LLC

 

 

Bond / Collateral Reconciliation - Cash Flows

9

 

Heather Bennett and Arne Shulkin

 

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

Bond / Collateral Reconciliation - Balances

10

 

 

 

lnr.cmbs.notices@lnrproperty.com

 

 

 

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

 

Current Mortgage Loan and Property Stratification

11-15

 

 

 

 

 

 

Special Servicer (DUMBO

Green Loan Services LLC

 

 

Mortgage Loan Detail (Part 1)

16-17

Heights Portfolio loan)

 

 

 

 

Mortgage Loan Detail (Part 2)

18-19

 

Andrew Falk

 

Andrew.falk@slgreen.com

 

Principal Prepayment Detail

20

 

1 Vanderbilt Avenue | New York, NY 10017 | United States

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Historical Detail

21

Representations Reviewer

 

 

 

Delinquency Loan Detail

22

 

David Rodgers

(212) 230-9025

 

 

Collateral Stratification and Historical Detail

23

 

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

 

 

 

Specially Serviced Loan Detail - Part 1

24

Certificate Administrator

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

 

 

 

 

 

Bank, N.A.

 

 

Specially Serviced Loan Detail - Part 2

25

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Modified Loan Detail

26

 

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

 

Historical Liquidated Loan Detail

27

 

 

 

 

 

 

Directing Holder

Eightfold Real Estate Capital, L.P.

 

 

Historical Bond / Collateral Loss Reconciliation Detail

28

 

 

 

 

 

 

 

-

 

 

Interest Shortfall Detail - Collateral Level

29

 

 

 

 

 

Supplemental Notes

30

 

 

 

 

 

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 30

 


 

 

                         

 

 

 

 

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

08162TAX1

3.436000%

20,240,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

08162TAY9

4.377000%

211,980,000.00

168,263,938.94

33,696.14

613,742.72

0.00

0.00

647,438.86

168,230,242.80

32.21%

30.00%

A-SB

08162TAZ6

4.376000%

36,078,000.00

23,008,522.60

597,519.79

83,904.41

0.00

0.00

681,424.20

22,411,002.81

32.21%

30.00%

A-3

08162TBA0

4.241000%

203,000,000.00

203,000,000.00

0.00

717,435.83

0.00

0.00

717,435.83

203,000,000.00

32.21%

30.00%

A-4

08162TBB8

4.510000%

320,279,000.00

320,279,000.00

0.00

1,203,715.24

0.00

0.00

1,203,715.24

320,279,000.00

32.21%

30.00%

A-M

08162TBD4

4.741000%

93,293,000.00

93,293,000.00

0.00

368,585.09

0.00

0.00

368,585.09

93,293,000.00

23.35%

21.75%

B

08162TBE2

4.998973%

52,300,000.00

52,300,000.00

0.00

217,871.92

0.00

0.00

217,871.92

52,300,000.00

18.39%

17.13%

C

08162TBF9

4.998973%

52,301,000.00

52,301,000.00

0.00

217,876.08

0.00

0.00

217,876.08

52,301,000.00

13.42%

12.50%

D

08162TAG8

3.000000%

32,511,000.00

32,511,000.00

0.00

81,277.50

0.00

0.00

81,277.50

32,511,000.00

10.33%

9.63%

E

08162TAJ2

3.000000%

24,030,000.00

24,030,000.00

0.00

60,075.00

0.00

0.00

60,075.00

24,030,000.00

8.05%

7.50%

F

08162TAL7

3.748973%

26,857,000.00

26,857,000.00

0.00

83,905.15

0.00

0.00

83,905.15

26,857,000.00

5.50%

5.13%

G-RR

08162TAP8

4.998973%

11,309,000.00

11,309,000.00

0.00

47,111.16

0.00

0.00

47,111.16

11,309,000.00

4.43%

4.13%

H-RR

08162TAR4

4.998973%

11,308,000.00

11,308,000.00

0.00

47,106.99

0.00

0.00

47,106.99

11,308,000.00

3.36%

3.13%

J-RR*

08162TAT0

4.998973%

35,338,680.00

35,338,679.99

0.00

105,511.06

0.00

0.00

105,511.06

35,338,679.99

0.00%

0.00%

S

08162TAU7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

08162TAW3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

VRR Interest

N/A

4.998973%

37,090,000.17

34,563,633.99

20,703.30

142,617.74

0.00

0.00

163,321.04

34,542,930.69

0.00%

0.00%

Regular SubTotal

 

1,167,914,680.17

1,088,362,775.52

651,919.23

3,990,735.89

0.00

0.00

4,642,655.12

1,087,710,856.29

 

 

 

 

X-A

08162TBC6

0.561411%

884,870,000.00

807,844,461.55

0.00

377,944.09

0.00

0.00

377,944.09

807,213,245.61

 

 

X-B

08162TAA1

0.000000%

104,601,000.00

104,601,000.00

0.00

0.00

0.00

0.00

0.00

104,601,000.00

 

 

X-D

08162TAC7

1.998973%

56,541,000.00

56,541,000.00

0.00

94,186.62

0.00

0.00

94,186.62

56,541,000.00

 

 

X-F

08162TAE3

1.250000%

26,857,000.00

26,857,000.00

0.00

27,976.04

0.00

0.00

27,976.04

26,857,000.00

 

 

Notional SubTotal

 

1,072,869,000.00

995,843,461.55

0.00

500,106.75

0.00

0.00

500,106.75

995,212,245.61

 

 

 

Deal Distribution Total

 

 

 

651,919.23

4,490,842.64

0.00

0.00

5,142,761.87

 

 

 

 

*

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 30

 


 

 

                     

 

 

 

 

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

08162TAX1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

08162TAY9

793.77270941

0.15895905

2.89528597

0.00000000

0.00000000

0.00000000

0.00000000

3.05424502

793.61375035

A-SB

08162TAZ6

637.74384944

16.56188785

2.32563917

0.00000000

0.00000000

0.00000000

0.00000000

18.88752702

621.18196158

A-3

08162TBA0

1,000.00000000

0.00000000

3.53416665

0.00000000

0.00000000

0.00000000

0.00000000

3.53416665

1,000.00000000

A-4

08162TBB8

1,000.00000000

0.00000000

3.75833333

0.00000000

0.00000000

0.00000000

0.00000000

3.75833333

1,000.00000000

A-M

08162TBD4

1,000.00000000

0.00000000

3.95083329

0.00000000

0.00000000

0.00000000

0.00000000

3.95083329

1,000.00000000

B

08162TBE2

1,000.00000000

0.00000000

4.16581109

0.00000000

0.00000000

0.00000000

0.00000000

4.16581109

1,000.00000000

C

08162TBF9

1,000.00000000

0.00000000

4.16581098

0.00000000

0.00000000

0.00000000

0.00000000

4.16581098

1,000.00000000

D

08162TAG8

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

E

08162TAJ2

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

F

08162TAL7

1,000.00000000

0.00000000

3.12414454

0.00000000

0.00000000

0.00000000

0.00000000

3.12414454

1,000.00000000

G-RR

08162TAP8

1,000.00000000

0.00000000

4.16581130

0.00000000

0.00000000

0.00000000

0.00000000

4.16581130

1,000.00000000

H-RR

08162TAR4

1,000.00000000

0.00000000

4.16581093

0.00000000

0.00000000

0.00000000

0.00000000

4.16581093

1,000.00000000

J-RR

08162TAT0

999.99999972

0.00000000

2.98571028

1.18010067

23.50383744

0.00000000

0.00000000

2.98571028

999.99999972

S

08162TAU7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

08162TAW3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

VRR Interest

N/A

931.88551716

0.55819088

3.84518035

0.03687867

0.73450310

0.00000000

0.00000000

4.40337124

931.32732628

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

08162TBC6

912.95270667

0.00000000

0.42711821

0.00000000

0.00000000

0.00000000

0.00000000

0.42711821

912.23936353

X-B

08162TAA1

1,000.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

1,000.00000000

X-D

08162TAC7

1,000.00000000

0.00000000

1.66581100

0.00000000

0.00000000

0.00000000

0.00000000

1.66581100

1,000.00000000

X-F

08162TAE3

1,000.00000000

0.00000000

1.04166660

0.00000000

0.00000000

0.00000000

0.00000000

1.04166660

1,000.00000000

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 3 of 30

 


 

 

                         

 

 

 

 

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

08/01/25 - 08/30/25

30

0.00

613,742.72

0.00

613,742.72

0.00

0.00

0.00

613,742.72

0.00

 

A-SB

08/01/25 - 08/30/25

30

0.00

83,904.41

0.00

83,904.41

0.00

0.00

0.00

83,904.41

0.00

 

A-3

08/01/25 - 08/30/25

30

0.00

717,435.83

0.00

717,435.83

0.00

0.00

0.00

717,435.83

0.00

 

A-4

08/01/25 - 08/30/25

30

0.00

1,203,715.24

0.00

1,203,715.24

0.00

0.00

0.00

1,203,715.24

0.00

 

X-A

08/01/25 - 08/30/25

30

0.00

377,944.09

0.00

377,944.09

0.00

0.00

0.00

377,944.09

0.00

 

X-B

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

X-D

08/01/25 - 08/30/25

30

0.00

94,186.62

0.00

94,186.62

0.00

0.00

0.00

94,186.62

0.00

 

X-F

08/01/25 - 08/30/25

30

0.00

27,976.04

0.00

27,976.04

0.00

0.00

0.00

27,976.04

0.00

 

A-M

08/01/25 - 08/30/25

30

0.00

368,585.09

0.00

368,585.09

0.00

0.00

0.00

368,585.09

0.00

 

B

08/01/25 - 08/30/25

30

0.00

217,871.92

0.00

217,871.92

0.00

0.00

0.00

217,871.92

0.00

 

C

08/01/25 - 08/30/25

30

0.00

217,876.08

0.00

217,876.08

0.00

0.00

0.00

217,876.08

0.00

 

D

08/01/25 - 08/30/25

30

0.00

81,277.50

0.00

81,277.50

0.00

0.00

0.00

81,277.50

0.00

 

E

08/01/25 - 08/30/25

30

0.00

60,075.00

0.00

60,075.00

0.00

0.00

0.00

60,075.00

0.00

 

F

08/01/25 - 08/30/25

30

0.00

83,905.15

0.00

83,905.15

0.00

0.00

0.00

83,905.15

0.00

 

G-RR

08/01/25 - 08/30/25

30

0.00

47,111.16

0.00

47,111.16

0.00

0.00

0.00

47,111.16

0.00

 

H-RR

08/01/25 - 08/30/25

30

0.00

47,106.99

0.00

47,106.99

0.00

0.00

0.00

47,106.99

0.00

 

J-RR

08/01/25 - 08/30/25

30

788,891.39

147,214.26

0.00

147,214.26

41,703.20

0.00

0.00

105,511.06

830,594.59

 

VRR Interest

08/01/25 - 08/30/25

30

25,874.89

143,985.57

0.00

143,985.57

1,367.83

0.00

0.00

142,617.74

27,242.72

 

Totals

 

 

814,766.28

4,533,913.67

0.00

4,533,913.67

43,071.03

0.00

0.00

4,490,842.64

857,837.31

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 4 of 30

 


 

 

                       

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

Prepayment

 

 

 

 

Class

CUSIP

Rate

Balance

  Beginning Balance                             Principal Distribution                Interest Distribution

Penalties

 

          Losses

Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

V-A-1 (V2)

N/A

N/A

663,853.22

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-1 (V1)

N/A

N/A

663,853.22

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-2 (V2)

N/A

4.998973%

6,952,747.29

5,518,901.05

1,105.20

22,990.70

0.00

 

0.00

24,095.90

5,517,795.85

V-A-2 (V1)

N/A

N/A

6,952,747.29

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-SB (V2)

N/A

4.998973%

1,183,324.92

754,658.18

19,598.09

3,143.76

0.00

 

0.00

22,741.85

735,060.09

V-A-SB (V1)

N/A

N/A

1,183,324.92

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-3 (V2)

N/A

4.998973%

6,658,211.63

6,658,211.63

0.00

27,736.85

0.00

 

0.00

27,736.85

6,658,211.63

V-A-3 (V1)

N/A

N/A

6,658,211.63

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-4 (V2)

N/A

4.998973%

10,504,854.00

10,504,854.00

0.00

43,761.24

0.00

 

0.00

43,761.24

10,504,854.00

V-A-4 (V1)

N/A

N/A

10,504,854.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-M (V2)

N/A

4.998973%

3,059,923.83

3,059,923.83

0.00

12,747.06

0.00

 

0.00

12,747.06

3,059,923.83

V-A-M (V1)

N/A

N/A

3,059,923.83

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-B (V2)

N/A

4.998973%

1,715,391.47

1,715,391.47

0.00

7,146.00

0.00

 

0.00

7,146.00

1,715,391.47

V-B (V1)

N/A

N/A

1,715,391.47

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-C (V2)

N/A

4.998973%

1,715,424.27

1,715,424.27

0.00

7,146.13

0.00

 

0.00

7,146.13

1,715,424.27

V-C (V1)

N/A

N/A

1,715,424.27

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-D (V2)

N/A

4.998973%

1,066,330.63

1,066,330.63

0.00

4,442.13

0.00

 

0.00

4,442.13

1,066,330.63

V-D (V1)

N/A

N/A

1,066,330.63

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-E (V2)

N/A

4.998973%

788,161.70

788,161.70

0.00

3,283.33

0.00

 

0.00

3,283.33

788,161.70

V-E (V1)

N/A

N/A

788,161.70

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-F (V2)

N/A

4.998973%

880,884.68

880,884.68

0.00

3,669.60

0.00

 

0.00

3,669.60

880,884.68

V-F (V1)

N/A

N/A

880,884.68

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-G (V2)

N/A

4.998973%

370,924.71

370,924.71

0.00

1,545.20

0.00

 

0.00

1,545.20

370,924.71

V-G (V1)

N/A

N/A

370,924.71

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-H (V2)

N/A

4.998973%

370,891.91

370,891.91

0.00

1,545.07

0.00

 

0.00

1,545.07

370,891.91

V-H (V1)

N/A

N/A

370,891.91

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-J (V2)

N/A

4.998973%

1,159,075.91

1,159,075.91

0.00

3,460.66

0.00

 

0.00

3,460.66

1,159,075.91

V-J (V1)

N/A

N/A

1,159,075.91

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Regular Interest Total

 

 

74,180,000.34

34,563,633.97

20,703.29

142,617.73

0.00

 

0.00

163,321.02

34,542,930.68

 

 

 

 

 

 

 

 

 

Exchangeable Certificate Detail continued to next page

 

 

 

 

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Page 5 of 30

 


 

 

                         

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

Prepayment

 

 

 

 

 

Class

CUSIP

Rate

Balance

     Beginning Balance                          Principal Distribution                 Interest Distribution

Penalties

 

         Losses

 

Total Distribution

Ending Balance

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

V1-A1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-A2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-ASB

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-A3

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-A4

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-AM

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-B

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-C

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-D

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-E

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-F

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-G

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-H

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-J

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V2

BCC2I7UZ1

4.998973%

37,090,000.17

34,563,633.99

20,703.30

142,617.74

0.00

 

0.00

 

163,321.04

34,542,930.69

Exchangeable Certificates Total

 

37,090,000.17

34,563,633.99

20,703.30

142,617.74

0.00

 

0.00

 

163,321.04

34,542,930.69

 

 

 

 

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Page 6 of 30

 


 

 

                     

 

 

 

Exchangeable 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

 

 

 

 

 

 

 

 

 

V1-A1

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-A2

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-ASB

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-A3

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-A4

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-AM

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-B

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-C

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-D

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-E

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-F

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-G

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-H

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-J

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V2

BCC2I7UZ1

931.88551716

0.55819088

3.84518035

0.03687867

0.73450310

0.00000000

0.00000000

4.40337124

931.32732628

 

 

 

 

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Page 7 of 30

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

5,142,761.87

 

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

 

 

 

 

 

 

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Page 8 of 30

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,549,009.12

Master Servicing Fee

6,688.87

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,992.43

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

468.16

ARD Interest

0.00

Operating Advisor Fee

1,945.94

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

0.00

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,549,009.12

Total Fees

15,095.39

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

641,046.16

Reimbursement for Interest on Advances

49,503.49

Unscheduled Principal Collections

 

ASER Amount

(22,521.16)

Principal Prepayments

(10,873.07)

Special Servicing Fees (Monthly)

14,133.42

Collection of Principal after Maturity Date

10,873.07

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

1,955.28

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

10,873.07

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

651,919.23

Total Expenses/Reimbursements

43,071.03

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,490,842.64

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

651,919.23

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

5,142,761.87

Total Funds Collected

5,200,928.35

Total Funds Distributed

5,200,928.29

 

 

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Page 9 of 30

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

1,088,362,775.52

1,088,362,775.52

Beginning Certificate Balance

1,088,362,775.52

(-) Scheduled Principal Collections

641,046.16

641,046.16

(-) Principal Distributions

651,919.23

(-) Unscheduled Principal Collections

10,873.07

10,873.07

(-) 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

1,087,710,856.29

1,087,710,856.29

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

1,088,606,252.39

1,088,606,252.39

Ending Certificate Balance

1,087,710,856.29

Ending Actual Collateral Balance

1,087,953,848.83

1,087,953,848.83

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

5.00%

 

 

 

 

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 10 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

 

7,499,999 or less

12

57,162,286.31

5.26%

37

5.1850

1.675694

1.44 or less

19

344,451,707.96

31.67%

19

5.0826

0.853817

7,500,000 to 14,999,999

8

76,412,816.38

7.03%

37

4.9695

1.382874

1.45 to 1.49

1

2,495,056.97

0.23%

37

5.0600

1.490000

15,000,000 to 24,999,999

11

207,578,390.26

19.08%

32

5.0983

1.993497

1.50 to 1.74

6

171,127,472.69

15.73%

37

5.0258

1.633311

25,000,000 to 49,999,999

12

448,609,377.47

41.24%

25

5.0252

1.420379

1.75 to 1.99

7

76,466,784.74

7.03%

37

5.0769

1.881535

 

50,000,000 or greater

5

273,259,793.43

25.12%

20

4.2619

2.577273

2.00 to 2.49

10

322,369,894.07

29.64%

22

4.6180

2.343085

 

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

2.50 to 3.49

4

124,515,000.00

11.45%

37

4.3204

3.235519

 

 

 

 

 

 

 

 

3.50 and greater

1

21,596,747.42

1.99%

37

5.3300

3.580000

 

 

 

 

 

 

 

 

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 30

 


 

 

                           

 

 

 

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

1

24,688,192.44

2.27%

37

5.3150

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

Alabama

2

5,267,543.90

0.48%

36

5.1100

2.000000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

67

73,812,665.92

6.79%

28

5.2662

1.205379

Arizona

18

83,044,948.90

7.63%

33

4.9017

1.618929

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

7

184,273,902.93

16.94%

37

5.2077

1.958016

California

9

187,006,860.22

17.19%

37

4.8364

2.017729

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

3

26,689,738.36

2.45%

37

4.9321

1.021467

Colorado

1

50,000,000.00

4.60%

38

4.3500

3.410000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

14

35,187,933.50

3.24%

38

5.0232

2.138774

Connecticut

1

36,293,929.61

3.34%

38

5.0500

1.280000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

105

408,777,900.77

37.58%

12

4.5896

1.754657

Delaware

2

65,627,408.41

6.03%

21

5.1309

1.522811

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

16

304,922,676.57

28.03%

37

4.8221

2.062664

Florida

49

85,981,588.75

7.90%

25

4.6111

1.823022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

7

26,244,321.54

2.41%

36

5.1304

1.989820

Illinois

3

64,815,000.00

5.96%

(5)

4.7735

1.201692

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

220

1,087,710,856.29

100.00%

27

4.8584

1.826173

Indiana

1

31,349,941.85

2.88%

38

5.6050

0.920000

 

 

 

 

 

 

 

 

Kansas

1

25,000,000.00

2.30%

34

4.7000

0.830000

 

 

 

 

 

 

 

 

Kentucky

1

6,475,768.35

0.60%

37

5.1000

1.280000

 

 

 

 

 

 

 

 

Louisiana

1

8,300,000.00

0.76%

37

5.0800

0.960000

 

 

 

 

 

 

 

 

Maryland

1

13,635,495.97

1.25%

37

4.9550

1.750000

 

 

 

 

 

 

 

 

Massachusetts

1

19,800,000.00

1.82%

37

4.6270

2.640000

 

 

 

 

 

 

 

 

Michigan

12

26,342,876.53

2.42%

38

4.9314

2.402411

 

 

 

 

 

 

 

 

Minnesota

20

9,835,956.07

0.90%

4

5.3286

0.957116

 

 

 

 

 

 

 

 

New Jersey

8

44,669,496.80

4.11%

37

5.6972

1.832550

 

 

 

 

 

 

 

 

New York

8

174,209,793.43

16.02%

11

4.3695

2.095428

 

 

 

 

 

 

 

 

North Carolina

3

6,679,158.50

0.61%

37

5.1900

1.960000

 

 

 

 

 

 

 

 

Ohio

2

8,214,614.91

0.76%

37

5.0900

1.290000

 

 

 

 

 

 

 

 

Pennsylvania

71

55,351,887.63

5.09%

19

5.3168

1.750083

 

 

 

 

 

 

 

 

Texas

3

49,637,606.54

4.56%

37

4.9777

1.841800

 

 

 

 

 

 

 

 

Virginia

1

2,369,263.22

0.22%

37

5.3300

1.410000

 

 

 

 

 

 

 

 

Totals

220

1,087,710,856.29

100.00%

27

4.8584

1.826173

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

 

4.2499% or less

4

213,259,793.43

19.61%

15

4.0902

2.590573

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.2500% to 4.4999%

1

50,000,000.00

4.60%

38

4.3500

3.410000

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.5000% to 4.7499%

4

103,156,000.00

9.48%

10

4.6565

1.099110

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.7500% to 4.9999%

12

198,840,730.61

18.28%

37

4.8573

1.794193

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0000% or greater

27

497,766,139.81

45.76%

30

5.2583

1.534092

49 months or greater

48

1,063,022,663.85

97.73%

27

4.8478

1.840716

 

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

(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 13 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

 

61 months or less

48

1,063,022,663.85

97.73%

27

4.8478

1.840716

Interest Only

22

645,130,793.43

59.31%

22

4.6240

1.848499

 

62 months or greater

0

0.00

0.00%

0

0.0000

0.000000

299 months or less

26

417,891,870.42

38.42%

35

5.1934

1.828702

 

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

300 months to 350 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

351 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

(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 14 of 30

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

1

24,688,192.44

2.27%

37

5.3150

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

1

3,113,524.28

0.29%

38

4.9670

1.920000

 

 

 

 

 

 

12 months or less

43

961,890,820.83

88.43%

28

4.7815

1.943173

 

 

 

 

 

 

13 months to 24 months

2

48,668,376.89

4.47%

(15)

5.2915

0.514978

 

 

 

 

 

 

25 months or greater

2

49,349,941.85

4.54%

38

5.6955

1.146140

 

 

 

 

 

 

Totals

49

1,087,710,856.29

100.00%

27

4.8584

1.826173

 

 

 

 

 

(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 15 of 30

 


 

 

                                 

 

 

 

 

 

 

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

Loan Group        Type

City

State

Type

Rate

Interest

Principal

Adjustments             Repay Date

Date

Date

Balance

Balance

Date

1

10196718

1

OF

Brooklyn

NY

Actual/360

4.050%

254,098.53

0.00

0.00

N/A

09/06/23

09/06/26

72,859,793.43

72,859,793.43

09/06/25

2

10196723

1

OF

Sunnyvale

CA

Actual/360

4.131%

179,284.79

0.00

0.00

N/A

10/06/28

--

50,400,000.00

50,400,000.00

09/06/25

3

10196724

1

RT

Aventura

FL

Actual/360

4.121%

177,442.71

0.00

0.00

N/A

07/01/28

--

50,000,000.00

50,000,000.00

09/01/25

4

10196725

1

RT

Vail

CO

Actual/360

4.350%

187,291.67

0.00

0.00

N/A

11/06/28

--

50,000,000.00

50,000,000.00

09/06/25

5

10196727

1

OF

Various

AZ

Actual/360

4.755%

204,729.17

0.00

0.00

N/A

10/06/28

--

50,000,000.00

50,000,000.00

09/06/25

6

10196731

1

RT

Newark

DE

Actual/360

5.090%

209,489.97

56,254.41

0.00

N/A

11/01/28

--

47,795,417.93

47,739,163.52

09/01/25

7

10196732

1

OF

New York

NY

Actual/360

4.910%

194,490.56

0.00

0.00

N/A

10/06/28

--

46,000,000.00

46,000,000.00

09/06/25

8

10196734

1

LO

Venice Beach

CA

Actual/360

5.130%

198,787.50

0.00

0.00

N/A

10/06/28

--

45,000,000.00

45,000,000.00

09/06/25

9

10191204

1

OF

Chicago

IL

Actual/360

4.627%

171,342.34

0.00

0.00

N/A

07/01/23

07/01/26

43,000,000.00

43,000,000.00

09/01/25

10

10192528

1

Various           Various

Various

Actual/360

5.372%

185,035.56

0.00

0.00

N/A

07/01/23

07/01/25

40,000,000.00

40,000,000.00

05/01/25

11

10196735

1

OF

New York

NY

Actual/360

4.073%

140,292.22

0.00

0.00

N/A

06/01/28

--

40,000,000.00

40,000,000.00

09/01/25

12

10196736

1

LO

Philadelphia

PA

Actual/360

5.312%

163,889.02

58,531.01

0.00

N/A

11/06/28

--

35,828,827.14

35,770,296.13

09/06/25

13

10196737

1

IN

Shelton

CT

Actual/360

5.050%

158,044.79

49,809.61

0.00

N/A

11/01/28

--

36,343,739.22

36,293,929.61

09/01/25

14

10196738

1

RT

Canutillo

TX

30/360

5.103%

135,427.88

60,100.41

0.00

N/A

10/06/28

--

31,846,649.98

31,786,549.57

09/06/25

15

10195913

1

RT

Indianapolis

IN

Actual/360

5.605%

151,523.78

44,010.14

0.00

N/A

11/06/28

--

31,393,951.99

31,349,941.85

06/06/25

16

10196739

1

LO

Edgewater

NJ

Actual/360

5.592%

128,623.45

41,728.21

0.00

N/A

10/06/28

--

26,711,225.00

26,669,496.79

09/06/25

17

10196740

1

OF

Irvine

CA

Actual/360

5.315%

113,114.41

26,515.04

0.00

N/A

10/06/28

--

24,714,707.48

24,688,192.44

09/06/25

18

10195317

1

OF

Overland Park

KS

Actual/360

4.700%

101,180.56

0.00

0.00

N/A

07/01/28

--

25,000,000.00

25,000,000.00

09/01/25

19

10196741

1

LO

Tempe

AZ

Actual/360

5.110%

97,968.10

37,923.00

0.00

N/A

10/06/28

--

22,264,071.04

22,226,148.04

09/06/25

20

10196742

1

LO

Carmel

CA

Actual/360

5.330%

99,273.50

32,775.58

0.00

N/A

10/06/28

--

21,629,523.00

21,596,747.42

09/06/25

21

10196743

1

MF

Ann Arbor

MI

Actual/360

4.967%

78,641.51

0.00

0.00

N/A

11/01/28

--

18,386,475.72

18,386,475.72

09/01/25

21B

10243973

1

 

 

 

Actual/360

4.967%

13,316.98

0.00

0.00

N/A

11/01/28

--

3,113,524.28

3,113,524.28

09/01/25

22

10196744

1

LO

Huntington Beach

CA

Actual/360

4.820%

80,544.06

29,889.68

0.00

N/A

11/01/28

--

19,405,608.26

19,375,718.58

09/01/25

23

10196745

1

SS

Various

Various

Actual/360

5.110%

86,210.30

26,851.10

0.00

N/A

09/06/28

--

19,592,014.14

19,565,163.04

09/06/25

24

10196746

1

RT

Chicopee

MA

Actual/360

4.627%

78,890.35

0.00

0.00

N/A

10/01/28

--

19,800,000.00

19,800,000.00

09/01/25

25

10195607

1

OF

Wilmington

DE

Actual/360

5.240%

80,872.77

34,801.35

0.00

N/A

09/06/23

09/06/25

17,923,046.24

17,888,244.89

09/06/25

26

10196747

1

OF

Novato

CA

Actual/360

5.155%

79,479.31

20,773.04

0.00

N/A

11/06/28

--

17,904,665.61

17,883,892.57

09/06/25

27

10196748

1

Various           Various

NJ

Actual/360

5.853%

90,721.50

0.00

0.00

N/A

10/06/28

--

18,000,000.00

18,000,000.00

09/06/25

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 16 of 30

 


 

 

                                 

 

 

 

 

 

 

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

Loan Group              Type

City

State

Type

Rate

Interest

Principal

Adjustments            Repay Date

Date

Date

Balance

Balance

Date

28

10196749

1

RT

Chicago

IL

Actual/360

5.130%

77,306.25

0.00

0.00

N/A

10/06/28

--

17,500,000.00

17,500,000.00

09/06/25

30

10196751

1

RT

San Antonio

TX

Actual/360

4.705%

62,215.26

0.00

0.00

N/A

11/01/28

--

15,356,000.00

15,356,000.00

09/01/25

31

10196752

1

LO

Frederick

MD

Actual/360

4.955%

58,261.84

19,179.00

0.00

N/A

10/06/28

--

13,654,674.97

13,635,495.97

09/06/25

32

10196753

1

MU

Malibu

CA

Actual/360

4.828%

53,007.42

0.00

0.00

N/A

09/06/28

--

12,750,000.00

12,750,000.00

09/06/25

34

10196755

1

IN

Various

OH

Actual/360

5.090%

36,066.76

14,065.38

0.00

N/A

10/06/28

--

8,228,680.29

8,214,614.91

09/06/25

35

10196756

1

OF

Fresno

CA

Actual/360

4.920%

36,774.31

11,632.51

0.00

N/A

07/06/28

--

8,680,009.40

8,668,376.89

01/06/25

36

10196757

1

RT

New York

NY

Actual/360

4.792%

37,138.00

0.00

0.00

N/A

10/01/28

--

9,000,000.00

9,000,000.00

09/01/25

37

10196758

1

MF

Essexville

MI

Actual/360

4.849%

33,281.49

14,205.32

0.00

N/A

10/06/28

--

7,970,606.13

7,956,400.81

09/06/25

38

10196759

1

RT

Fort Myers

FL

Actual/360

5.360%

36,466.23

12,796.06

0.00

N/A

11/06/28

--

7,900,723.86

7,887,927.80

09/06/25

39

10196760

1

MU

New Orleans

LA

Actual/360

5.080%

36,307.89

0.00

0.00

N/A

10/06/28

--

8,300,000.00

8,300,000.00

09/06/25

41

10196762

1

RT

San Diego

CA

Actual/360

5.360%

33,757.01

8,729.76

0.00

N/A

11/06/28

--

7,313,748.09

7,305,018.33

08/06/25

42

10196763

1

SS

Various

NC

Actual/360

5.190%

29,900.49

11,236.51

0.00

N/A

10/06/28

--

6,690,395.00

6,679,158.49

09/06/25

43

10196764

1

RT

Florence

KY

Actual/360

5.100%

28,481.25

9,525.23

0.00

N/A

10/06/28

--

6,485,293.58

6,475,768.35

09/06/25

44

10196765

1

MF

Brooklyn

NY

Actual/360

5.390%

29,472.82

0.00

0.00

N/A

10/06/28

--

6,350,000.00

6,350,000.00

09/06/25

45

10196766

1

MU

Tempe

AZ

Actual/360

4.950%

24,068.75

6,889.91

0.00

N/A

10/06/28

--

5,646,628.27

5,639,738.36

09/06/25

46

10196767

1

IN

Lester Prairie

MN

Actual/360

5.280%

21,144.91

6,558.25

0.00

N/A

11/06/28

--

4,650,639.32

4,644,081.07

09/06/25

47

10196768

1

RT

Sugar Grove

IL

Actual/360

4.783%

17,772.17

0.00

0.00

N/A

10/06/28

--

4,315,000.00

4,315,000.00

09/06/25

48

10196769

1

RT

San Marcos

CA

Actual/360

5.300%

18,402.48

5,086.91

0.00

N/A

10/06/28

--

4,032,193.34

4,027,106.43

09/06/25

49

10196770

1

OF

Winter Garden

FL

Actual/360

5.383%

17,399.25

5,019.55

0.00

N/A

10/06/28

--

3,753,590.36

3,748,570.81

09/06/25

50

10196771

1

MF

Marble Falls

TX

Actual/360

5.060%

10,886.49

3,436.62

0.00

N/A

10/06/28

--

2,498,493.59

2,495,056.97

09/06/25

51

10196772

1

RT

Richmond

VA

Actual/360

5.330%

10,890.76

3,595.64

0.00

N/A

10/06/28

--

2,372,858.86

2,369,263.22

09/06/25

Totals

 

 

 

 

 

 

 

4,549,009.12

651,919.23

0.00

 

 

 

1,088,362,775.52

1,087,710,856.29

 

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 17 of 30

 


 

 

                           

 

 

 

 

 

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

Loan Group

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

1

1

22,095,997.74

11,806,995.08

01/01/25

06/30/25

12/11/23

0.00

0.00

0.00

0.00

0.00

0.00

 

2

1

37,542,357.54

39,787,850.03

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

3

1

156,197,196.00

85,311,120.50

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

4

1

10,735,107.09

5,337,870.40

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

5

1

14,161,509.95

6,919,961.61

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

6

1

4,957,072.61

5,486,015.81

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

7

1

4,284,299.03

2,584,678.68

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

8

1

2,549,671.53

1,970,842.56

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

9

1

37,771,404.06

13,385,372.22

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

10

1

3,185,498.14

507,911.01

01/01/24

06/30/24

--

0.00

0.00

184,612.24

733,660.84

0.00

0.00

 

11

1

20,981,151.17

12,752,041.45

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

12

1

6,989,735.00

7,046,041.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

13

1

3,559,847.54

3,290,153.79

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

14

1

11,148,555.00

12,622,552.22

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

15

1

3,523,860.63

1,431,462.58

01/01/23

06/30/23

05/12/25

6,799,524.77

97,308.76

226,898.99

489,290.47

0.00

0.00

 

16

1

4,765,352.28

4,490,102.84

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

17

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

18

1

4,325,587.52

3,776,009.79

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

19

1

10,371,850.00

9,782,815.71

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

20

1

6,574,598.63

6,031,128.98

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

21

1

2,212,765.38

1,172,572.63

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

21B

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

22

1

3,660,756.17

3,611,077.48

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

23

1

2,732,692.44

2,760,731.44

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

24

1

2,649,503.32

2,628,158.61

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

25

1

4,133,609.51

2,554,494.22

01/01/24

09/30/24

02/12/24

0.00

0.00

0.00

0.00

0.00

0.00

 

26

1

1,137,740.93

579,584.26

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

27

1

10,938,675.00

4,518,941.00

01/01/23

06/30/23

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

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Page 18 of 30

 


 

 

                           

 

 

 

 

 

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

Loan Group

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

28

1

1,806,394.99

438,624.99

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

30

1

1,382,833.93

618,330.32

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

31

1

1,816,516.83

1,842,253.14

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

32

1

628,317.07

556,779.99

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

34

1

1,201,009.10

428,514.05

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

35

1

772,219.60

545,700.57

01/01/24

06/30/24

07/11/25

2,176,078.00

27,332.75

39,095.67

359,611.28

5,099.16

0.00

 

36

1

424,520.54

472,946.58

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

37

1

1,353,588.26

1,323,164.26

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

38

1

903,339.89

423,636.62

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

39

1

397,452.60

422,258.76

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

41

1

490,840.17

737,599.36

01/01/24

12/31/24

--

0.00

0.00

41,841.24

41,841.24

0.00

0.00

 

42

1

922,744.14

981,309.77

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

43

1

615,872.50

306,363.61

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

44

1

466,887.55

455,514.97

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

45

1

730,942.88

325,996.91

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

46

1

617,439.96

315,700.92

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

47

1

686,035.06

691,582.46

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

48

1

306,227.16

210,517.98

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

49

1

615,912.91

212,793.11

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

50

1

271,760.31

136,370.98

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

51

1

246,399.96

123,199.98

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

409,843,649.62

263,715,645.23

 

 

 

8,975,602.77

124,641.51

492,448.14

1,624,403.83

5,099.16

0.00

 

 

 

 

 

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Page 19 of 30

 


 

 

             

 

 

 

Principal Prepayment Detail

 

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

 

 

Loan

 

 

 

 

Pros ID

Loan Number

Group

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

25

10195607

1

10,873.07

Partial Liquidation (Curtailment)

0.00

0.00

Totals

 

 

10,873.07

 

0.00

0.00

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

 

 

 

 

 

 

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Page 20 of 30

 


 

 

                                           

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

09/17/25

0

0.00

1

31,349,941.85

1

8,668,376.89

0

0.00

0

0.00

0

0.00

 

1

10,873.07

0

0.00

 

4.858435%

4.842314%

27

08/15/25

0

0.00

0

0.00

2

40,073,961.39

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.858640%

4.842517%

28

07/17/25

0

0.00

0

0.00

2

40,129,323.79

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.858839%

4.842716%

29

06/17/25

1

31,486,615.21

1

40,000,000.00

1

8,704,311.98

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.859057%

4.842933%

30

05/16/25

1

40,000,000.00

0

0.00

2

40,245,700.32

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.859255%

4.843129%

31

04/17/25

1

31,578,323.05

1

8,728,413.22

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.859470%

4.843343%

32

03/17/25

1

8,739,792.45

1

31,621,133.54

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.859665%

4.843537%

33

02/18/25

1

31,679,823.16

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.859918%

4.843789%

34

01/17/25

0

0.00

0

0.00

1

31,722,100.49

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.860110%

4.843980%

35

12/17/24

0

0.00

1

31,764,155.75

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.860302%

4.844170%

36

11/18/24

0

0.00

0

0.00

1

31,811,380.39

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.860511%

4.844378%

37

10/18/24

0

0.00

0

0.00

1

31,852,966.68

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.860700%

4.844566%

38

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 30

 


 

 

                               

 

 

 

 

 

 

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

10

10192528

05/01/25

3

5

 

184,612.24

733,660.84

0.00

40,000,000.00

11/13/24

13

 

 

 

 

15

10195913

06/06/25

2

2

 

226,898.99

489,290.47

36,066.30

31,486,615.21

08/09/23

2

 

 

 

 

35

10196756

01/06/25

7

6

 

39,095.67

359,611.28

68,660.77

8,765,966.30

01/17/25

2

 

 

 

 

41

10196762

08/06/25

0

B

 

41,841.24

41,841.24

0.00

7,313,748.09

 

 

 

 

 

 

Totals

 

 

 

 

 

492,448.14

1,624,403.83

104,727.07

87,566,329.60

 

 

 

 

 

 

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 22 of 30

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

      Total

       Performing

Non-Performing

               REO/Foreclosure

 

 

Past Maturity

 

57,888,245

17,888,245

    40,000,000

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

115,859,793

115,859,793

0

 

 

0

 

13 - 24 Months

0

0

0

 

 

0

 

25 - 36 Months

155,983,540

147,315,163

     8,668,377

 

0

 

37 - 48 Months

757,979,278

726,629,336

    31,349,942

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

 

 

Sep-25

1,087,710,856

1,007,692,538

0

31,349,942

 

48,668,377

0

 

Aug-25

1,088,362,776

1,008,288,814

0

0

 

80,073,961

0

 

Jul-25

1,089,000,953

1,008,871,629

0

0

 

80,129,324

0

 

Jun-25

1,089,696,151

1,009,505,223

31,486,615

40,000,000

 

8,704,312

0

 

May-25

1,090,328,359

1,010,082,659

40,000,000

0

 

40,245,700

0

 

Apr-25

1,091,017,789

1,050,711,053

31,578,323

8,728,413

 

0

0

 

Mar-25

1,091,644,082

1,051,283,156

8,739,792

31,621,134

 

0

0

 

Feb-25

1,092,448,295

1,060,768,472

31,679,823

0

 

0

0

 

Jan-25

1,093,068,180

1,061,346,079

0

0

 

31,722,100

0

 

Dec-24

1,093,685,291

1,061,921,135

0

31,764,156

 

0

0

 

Nov-24

1,094,360,134

1,062,548,754

0

0

 

31,811,380

0

 

Oct-24

1,094,971,463

1,063,118,496

0

0

 

31,852,967

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 23 of 30

 


 

 

                     

 

 

 

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

10

10192528

40,000,000.00

40,000,000.00

 

--

507,911.01

0.39000

--

07/01/23

I/O

15

10195913

31,349,941.85

31,486,615.21

28,200,000.00

08/12/25

1,431,462.58

1.04000

--

11/06/28

277

25

10195607

17,888,244.89

17,888,244.89

51,930,000.00

09/13/23

2,554,494.22

1.32000

--

09/06/23

277

27

10196748

18,000,000.00

18,000,000.00

166,800,000.00

09/09/21

4,518,941.00

1.64000

--

10/06/28

I/O

35

10196756

8,668,376.89

8,765,966.30

13,100,000.00

04/16/18

545,700.57

1.88000

--

07/06/28

277

Totals

 

115,906,563.63

116,140,826.40

260,030,000.00

 

9,558,509.38

 

 

 

 

 

 

 

 

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Page 24 of 30

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

10

10192528

Various

Various

11/13/24

13

 

 

 

 

10/30/2024 In accordance with Section 5.1.20 of the Loan Agreement dated 06/08/18, Any Major Lease with respect to any individual Property written after the date hereof, shall be subject to prior written approval of Lender, which approval

 

shall not be unreasonably withheld, conditioned or delayed. Upon request, Borrower shall furnish Lender with executed copies of all Leases. Major Lease shall mean any Lease which, either individually or when taken together with any other

 

Lease with the same Tenant orit s Affiliates either (a) demises in excess of 100,000 rentable square feet in the Improvements at any Individual Property or (b) demises in excess of 35,000 rentable square feet and is intended to be the only Lease

 

at any Individual Property.

 

 

 

 

 

 

 

10/30/202 4 Per 2Q24 (6/30/2024) Consolidated OSAR, NCF DSCR decreased (16.7%) from [1.32x at YE23 to 1.10x at 2Q24]. This decrease is primarily due to a (7.5%) [13mm] decrease in EGI. EGI decreased due to a (9.1%) [10mm]

 

decrease in base rent. The decrease in b ase rent is caused by a decrease in overall occupancy from [78.55% at YE23 to 75.96% at 2Q24]. TOE increased 5.0% [3.7mm], due to a 49.6% [8.5mm] increase in R&M. Analyst will reach out to

 

borrower for further insight as to what is causing this increase. Due to current NCF DSCR being below the threshold for 1F (75% of UW NCF [*1.57x]), Analyst recommends loan remain on WL for trigg 1F.

 

10/8/2024 Loan is a part of a 25 piece debt stack totaling approximately $1.3B

 

 

 

 

3/28/2024 Per 4Q23 (12/31/202 3) Consolidated OSAR: NCF DSCR decreased (7.7%) from [1.43x at YE22 to 1.32x at 4Q23]. This is due to (0.3%) decrease in EGI. This decrease in EGI is caused by a (4.1%) [3mil] decrease in Expense

 

reimbursement. TOE decreased (3.8%) [3mil].

 

 

 

 

15

10195913

RT

IN

08/09/23

2

 

 

 

 

9/11/2025 The Loan transferred to SS on 8/9/2023 for imminent default due to cash flow issues. At the time of transfer, Borrower was not in compliance with the requirements set forth in the Cash Management Agreement and Deposit Account.

 

A Notice of De fault and Reservation of Rights were sent to Borrower on 7/11/2023. On 8/29/23, a Receiver was appointed over Borrower pursuant to the entry of an Emergency Motion for Appointment of Receiver filed in favor of Plaintiffs (Lien

 

claimants: Circle City Outdo ors, Dream Construction, Indy Asphalt, and Styner LLC). The collateral consists of a 279K SF anchored retail strip center located in Indianapolis, IN built from 1983 to 1985, and renovated in 2005. The center sits on

 

a 30.35-acre site and is adjacent to Castleton Square Mall. The top three tenants include Floor and Decor (72K SF/25% NRA), Dave & Buster's (35K SF/12.5% NRA), and REI (11.9K SF/4% NRA). Of note, the prior T-2/Haverty Furniture (47K

 

SF/17% NRA) vacated at LXP on 10/31/22. Lender has filed fo reclosure in state court and is currently trapping all cash flow from the Property. Order of Agreed Entry of Rents Receiver & Agreed Judgment of Foreclosure has been entered, and

 

a foreclosure sale has been scheduled to occur in October. The Special Servicer will gather additional info and simultaneously discuss workout strategies deemed appropriate to achieve the highest net present value recovery.

25

10195607

OF

DE

08/07/25

13

 

 

 

 

9/11/2025 The loan has transferred to special servicing as of 8/7/2025 for imminent monetary default. Borrower entered into a Modification Agreement extending the maturity date 1 year, with an additional 1-year option.

 

 

 

27

10196748

Various

NJ

12/01/22

6

 

 

 

 

9/11/2025 09/05/2025: Loan transferred to Special Servicing on 12/01/22. The collateral consists of a portfolio of seven industrial and office properties totaling 640,983 SF class A & B assets located in Bloomfield, New Providence, and

 

Piscataway, NJ. All properties are well occupied at 98%+. Loan transferred for non-monetary defaults. Lender is pursuing legal remedies against Borrower as well as continuing to negotiate with Borrower for acceptable outcome focused on a

 

Discounted pay off.

 

 

 

 

 

 

 

35

10196756

OF

CA

01/17/25

2

 

 

 

 

No comments to report this cycle.

 

 

 

 

 

 

 

 

 

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 25 of 30

 


 

 

                     

 

 

 

 

 

Modified Loan Detail

 

 

 

 

 

Pre-Modification

Post-Modification

 

 

 

Modification

Modification

 

 

Loan

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

                  Balance

 

Rate

           Balance

Rate

 

 

 

 

Pros ID

Loan Number

Group

 

 

 

 

Code¹

Date

Date

Date

1

10196718

1                                         0.00

 

4.05000%

0.00

4.05000%

1

05/22/24

05/22/24

05/22/24

8

10196734

1                                         0.00

 

5.13000%

0.00

5.13000%

8

11/11/21

02/19/21

11/11/21

9

10191204

1                                         0.00

 

4.62740%

0.00

4.62740%

1

08/07/23

08/07/23

09/01/23

10

10192528

1                                         0.00

 

5.37200%

0.00

5.37200%

1

07/01/23

07/01/23

07/01/23

16

10196739

1                                         0.00

 

5.59200%

0.00

5.59200%

8

11/11/21

07/08/21

11/11/21

25

10195607

1                                         0.00

 

5.24000%

0.00

5.24000%

1

05/30/24

05/30/24

05/30/24

32

10196753

1                                         0.00

 

4.82800%

0.00

4.82800%

8

06/11/21

04/05/21

06/11/21

36

10196757

1                                         0.00

 

4.79200%

0.00

4.79200%

8

03/01/22

03/01/22

04/11/22

Totals

 

                                                   0.00

 

 

0.00

 

 

 

 

 

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 26 of 30

 


 

 

                       

 

 

 

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 27 of 30

 


 

 

                     

 

 

 

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 28 of 30

 


 

 

                         

 

 

 

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)

14

0.00

0.00

0.00

0.00

1,955.28

0.00

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

6,758.42

0.00

0.00

(31,731.11)

0.00

0.00

49,501.88

0.00

0.00

0.00

25

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1.61

0.00

0.00

0.00

27

0.00

0.00

3,875.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

35

0.00

0.00

3,500.00

0.00

0.00

9,209.95

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

14,133.42

0.00

1,955.28

(22,521.16)

0.00

0.00

49,503.49

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

43,071.03

 

 

 

 

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Page 29 of 30

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 30 of 30