| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-282099-13 | ||
From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI) At: 05/11/26 08:21:50 UTC-4:00
Subject: WFCM 2026-5C9 - **IO XA STATUS**
WFCM 2026-5C9 - **IO XA STATUS**
Co-Lead Managers & Bookrunners: Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, SG Americas Securities, LLC, J.P. Morgan Securities LLC and Barclays Capital Inc.
Co-Managers: Academy Securities, Inc., Drexel Hamilton, LLC, Natixis Securities Americas LLC and Siebert Williams Shank & Co., LLC
Publicly Offered Certificates
| Class | Expected Ratings (Fitch/KBRA/Moody's) |
Size ($MM) | ~Proceeds (MM) | IO Guidance | STATUS |
| X-A | AAAsf/AAA(sf)/Aaa(sf) | $433.955 | ~$23.2MM | J-100A | ~1.05x |
| POOL BALANCE: | $619,935,844 |
| NUMBER OF LOANS/PROPERTIES: | 29 / 138 |
| WA MORTGAGE INT. RATE: | 6.6458% |
| WA CUT-OFF LTV: | 59.4% |
| WA UW NCF DSCR: | 1.58x |
| WA UW NOI DEBT YLD: | 11.5% |
| WA ORIG TERM TO MATURITY: | 60 |
| TEN LARGEST LOANS: | 64.2% |
| LOAN SELLERS: | WFB (36.1%), GSMC (12.5%), RREF DLI (10.2%), LMF (10.1%), SGFC (9.9%), JPMCB (7.3%), ZBNA (5.3%), BCREI (3.2%), NREC (3.0%) AND AREF2 (2.4%) |
| TOP 5 STATES: | CA (23.9%), NY (15.2%), MD (9.4%), IN (9.1%), AR (6.5%) |
| TOP 5 PROPERTY TYPES: | RT (22.9%), MF (20.3%), IN (14.9%), OF (12.5%), MU (11.6%) |
| RISK RETENTION: | L-Shape |
| MASTER SERVICER: | Trimont LLC |
| SPECIAL SERVICER: | Rialto Capital Advisors, LLC |
| TRUSTEE: | Deutsche Bank National Trust Company |
| CERT ADMIN: | Computershare Trust Company, N.A. |
| OPERATING ADVISOR: | Pentalpha Surveillance LLC |
| INITIAL CONTROLLING CLASS REP: | RREF V – D AIV RR L, LLC or an affiliate |
Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-282099) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. - 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
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