Distribution Date:

06/17/26

UBS Commercial Mortgage Trust 2019-C18

Determination Date:

06/11/26

 

Next Distribution Date:

07/17/26

 

Record Date:

05/29/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2019-C18

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

UBS Commercial Mortgage Securitization Corp.

 

 

Certificate Factor Detail

3

 

Nicholas Galeone

 

nicholas.galeone@ubs.com

Certificate Interest Reconciliation Detail

4

 

11 Madison Avenue, 8th Floor | New York, NY 10010 | United States

 

 

 

Master Servicer

Trimont LLC

 

 

Additional Information

5

 

 

 

 

 

 

 

Attention: CMBS Servicing

 

commercial.servicing@trimont.com

Bond / Collateral Reconciliation - Cash Flows

6

 

 

 

 

 

 

 

One South, 101 South Tryon Street, Suite 1400 | Charlotte, NC 28280 | United States

 

Bond / Collateral Reconciliation - Balances

7

Special Servicer

Rialto Capital Advisors, LLC

 

 

Current Mortgage Loan and Property Stratification

8-12

 

Niral Shah

(305) 485-2041

Niral.Shah@rialtocapital.com

Mortgage Loan Detail (Part 1)

13-15

 

200 S. Biscayne Blvd., Suite 3550 | Miami, FL 33131 | United States

 

 

Mortgage Loan Detail (Part 2)

16-18

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

 

 

Representations Reviewer

 

 

 

Principal Prepayment Detail

19

 

 

 

 

 

 

 

David Rodgers

(212) 230-9025

 

Historical Detail

20

 

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

 

 

Delinquency Loan Detail

21

Certificate Administrator

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

 

 

Collateral Stratification and Historical Detail

22

 

Bank, N.A.

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 1

23

 

 

 

trustadministrationgroup@computershare.com

Specially Serviced Loan Detail - Part 2

24-25

 

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

 

 

Modified Loan Detail

26

Trustee

Wilmington Trust, National Association

 

 

Historical Liquidated Loan Detail

27

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

 

 

 

1100 North Market Street | Wilmington, DE 19890 | United States

 

 

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

90278PAW0

2.097300%

29,089,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

20.25%

A-2

90278PAX8

2.994300%

69,160,000.00

57,831,122.34

53,816.74

144,303.11

0.00

0.00

198,119.85

57,777,305.60

21.78%

20.25%

A-SB

90278PAY6

2.987200%

35,630,000.00

24,407,093.21

657,612.61

60,757.39

0.00

0.00

718,370.00

23,749,480.60

21.78%

20.25%

A-3

90278PAZ3

2.781600%

156,589,000.00

156,589,000.00

0.00

362,973.30

0.00

0.00

362,973.30

156,589,000.00

21.78%

20.25%

A-4

90278PBA7

3.035200%

230,029,000.00

230,029,000.00

0.00

581,820.02

0.00

0.00

581,820.02

230,029,000.00

21.78%

20.25%

A-S

90278PBD1

3.378400%

72,498,000.00

72,498,000.00

0.00

204,106.04

0.00

0.00

204,106.04

72,498,000.00

21.78%

20.25%

B

90278PBE9

3.681100%

33,460,000.00

33,460,000.00

0.00

102,641.34

0.00

0.00

102,641.34

33,460,000.00

16.94%

15.75%

C

90278PBF6

4.034114%

30,672,000.00

30,672,000.00

0.00

103,111.96

0.00

0.00

103,111.96

30,672,000.00

12.51%

11.63%

D

90278PAG5

2.500000%

20,448,000.00

20,448,000.00

0.00

42,600.00

0.00

0.00

42,600.00

20,448,000.00

9.55%

8.88%

E

90278PAJ9

2.500000%

15,801,000.00

15,801,000.00

0.00

32,918.75

0.00

0.00

32,918.75

15,801,000.00

7.26%

6.75%

F

90278PAL4

2.806900%

14,872,000.00

14,872,000.00

0.00

34,786.85

0.00

0.00

34,786.85

14,872,000.00

5.11%

4.75%

G

90278PAN0

2.806900%

7,435,000.00

7,435,000.00

0.00

17,391.08

0.00

0.00

17,391.08

7,435,000.00

4.03%

3.75%

NR-RR

90278PAQ3

4.034114%

27,884,548.00

27,884,548.00

0.00

50,559.00

0.00

0.00

50,559.00

27,884,548.00

0.00%

0.00%

R

90278PAU4

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Z

90278PAS9

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

743,567,548.00

691,926,763.55

711,429.35

1,737,968.84

0.00

0.00

2,449,398.19

691,215,334.20

 

 

 

 

X-A

90278PBB5

1.091155%

520,497,000.00

468,856,215.55

0.00

426,329.11

0.00

0.00

426,329.11

468,144,786.20

 

 

X-B

90278PBC3

0.434384%

136,630,000.00

136,630,000.00

0.00

49,458.19

0.00

0.00

49,458.19

136,630,000.00

 

 

X-D

90278PAA8

1.534114%

36,249,000.00

36,249,000.00

0.00

46,341.75

0.00

0.00

46,341.75

36,249,000.00

 

 

X-F

90278PAC4

1.227214%

14,872,000.00

14,872,000.00

0.00

15,209.27

0.00

0.00

15,209.27

14,872,000.00

 

 

X-G

90278PAE0

1.227214%

7,435,000.00

7,435,000.00

0.00

7,603.61

0.00

0.00

7,603.61

7,435,000.00

 

 

Notional SubTotal

 

715,683,000.00

664,042,215.55

0.00

544,941.93

0.00

0.00

544,941.93

663,330,786.20

 

 

 

Deal Distribution Total

 

 

 

711,429.35

2,282,910.77

0.00

0.00

2,994,340.12

 

 

 

 

*

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

90278PAW0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

90278PAX8

836.19320908

0.77814835

2.08651113

0.00000000

0.00000000

0.00000000

0.00000000

2.86465949

835.41506073

A-SB

90278PAY6

685.01524586

18.45671092

1.70523127

0.00000000

0.00000000

0.00000000

0.00000000

20.16194218

666.55853494

A-3

90278PAZ3

1,000.00000000

0.00000000

2.31799999

0.00000000

0.00000000

0.00000000

0.00000000

2.31799999

1,000.00000000

A-4

90278PBA7

1,000.00000000

0.00000000

2.52933334

0.00000000

0.00000000

0.00000000

0.00000000

2.52933334

1,000.00000000

A-S

90278PBD1

1,000.00000000

0.00000000

2.81533339

0.00000000

0.00000000

0.00000000

0.00000000

2.81533339

1,000.00000000

B

90278PBE9

1,000.00000000

0.00000000

3.06758338

0.00000000

0.00000000

0.00000000

0.00000000

3.06758338

1,000.00000000

C

90278PBF6

1,000.00000000

0.00000000

3.36176187

0.00000000

0.00000000

0.00000000

0.00000000

3.36176187

1,000.00000000

D

90278PAG5

1,000.00000000

0.00000000

2.08333333

0.00000000

0.00000000

0.00000000

0.00000000

2.08333333

1,000.00000000

E

90278PAJ9

1,000.00000000

0.00000000

2.08333333

0.00000000

0.00000000

0.00000000

0.00000000

2.08333333

1,000.00000000

F

90278PAL4

1,000.00000000

0.00000000

2.33908351

0.00000000

0.00000000

0.00000000

0.00000000

2.33908351

1,000.00000000

G

90278PAN0

1,000.00000000

0.00000000

2.33908272

0.00000000

0.00000000

0.00000000

0.00000000

2.33908272

1,000.00000000

NR-RR

90278PAQ3

1,000.00000000

0.00000000

1.81315473

1.54860714

33.93721390

0.00000000

0.00000000

1.81315473

1,000.00000000

R

90278PAU4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

Z

90278PAS9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

90278PBB5

900.78562518

0.00000000

0.81908082

0.00000000

0.00000000

0.00000000

0.00000000

0.81908082

899.41879819

X-B

90278PBC3

1,000.00000000

0.00000000

0.36198631

0.00000000

0.00000000

0.00000000

0.00000000

0.36198631

1,000.00000000

X-D

90278PAA8

1,000.00000000

0.00000000

1.27842837

0.00000000

0.00000000

0.00000000

0.00000000

1.27842837

1,000.00000000

X-F

90278PAC4

1,000.00000000

0.00000000

1.02267819

0.00000000

0.00000000

0.00000000

0.00000000

1.02267819

1,000.00000000

X-G

90278PAE0

1,000.00000000

0.00000000

1.02267787

0.00000000

0.00000000

0.00000000

0.00000000

1.02267787

1,000.00000000

 

 

 

 

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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

05/01/26 - 05/30/26

30

0.00

144,303.11

0.00

144,303.11

0.00

0.00

0.00

144,303.11

0.00

 

A-SB

05/01/26 - 05/30/26

30

0.00

60,757.39

0.00

60,757.39

0.00

0.00

0.00

60,757.39

0.00

 

A-3

05/01/26 - 05/30/26

30

0.00

362,973.30

0.00

362,973.30

0.00

0.00

0.00

362,973.30

0.00

 

A-4

05/01/26 - 05/30/26

30

0.00

581,820.02

0.00

581,820.02

0.00

0.00

0.00

581,820.02

0.00

 

X-A

05/01/26 - 05/30/26

30

0.00

426,329.11

0.00

426,329.11

0.00

0.00

0.00

426,329.11

0.00

 

X-B

05/01/26 - 05/30/26

30

0.00

49,458.19

0.00

49,458.19

0.00

0.00

0.00

49,458.19

0.00

 

X-D

05/01/26 - 05/30/26

30

0.00

46,341.75

0.00

46,341.75

0.00

0.00

0.00

46,341.75

0.00

 

X-F

05/01/26 - 05/30/26

30

0.00

15,209.27

0.00

15,209.27

0.00

0.00

0.00

15,209.27

0.00

 

X-G

05/01/26 - 05/30/26

30

0.00

7,603.61

0.00

7,603.61

0.00

0.00

0.00

7,603.61

0.00

 

A-S

05/01/26 - 05/30/26

30

0.00

204,106.04

0.00

204,106.04

0.00

0.00

0.00

204,106.04

0.00

 

B

05/01/26 - 05/30/26

30

0.00

102,641.34

0.00

102,641.34

0.00

0.00

0.00

102,641.34

0.00

 

C

05/01/26 - 05/30/26

30

0.00

103,111.96

0.00

103,111.96

0.00

0.00

0.00

103,111.96

0.00

 

D

05/01/26 - 05/30/26

30

0.00

42,600.00

0.00

42,600.00

0.00

0.00

0.00

42,600.00

0.00

 

E

05/01/26 - 05/30/26

30

0.00

32,918.75

0.00

32,918.75

0.00

0.00

0.00

32,918.75

0.00

 

F

05/01/26 - 05/30/26

30

0.00

34,786.85

0.00

34,786.85

0.00

0.00

0.00

34,786.85

0.00

 

G

05/01/26 - 05/30/26

30

0.00

17,391.08

0.00

17,391.08

0.00

0.00

0.00

17,391.08

0.00

 

NR-RR

05/01/26 - 05/30/26

30

900,115.69

93,741.21

0.00

93,741.21

43,182.21

0.00

0.00

50,559.00

946,323.87

 

Totals

 

 

900,115.69

2,326,092.98

0.00

2,326,092.98

43,182.21

0.00

0.00

2,282,910.77

946,323.87

 

 

 

 

 

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Page 4 of 30

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

2,994,340.12

 

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

 

 

 

 

 

 

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Page 5 of 30

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

2,344,960.24

Master Servicing Fee

3,179.71

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,322.68

Interest Adjustments

(8,370.80)

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

297.91

ARD Interest

0.00

Operating Advisor Fee

1,203.57

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

202.58

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

2,336,589.44

Total Fees

10,496.45

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

703,058.55

Reimbursement for Interest on Advances

245.48

Unscheduled Principal Collections

 

ASER Amount

17,323.36

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

25,613.37

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

8,370.80

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

711,429.35

Total Expenses/Reimbursements

43,182.21

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,282,910.77

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

711,429.35

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

2,994,340.12

Total Funds Collected

3,048,018.79

Total Funds Distributed

3,048,018.78

 

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Page 6 of 30

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

      Total

 

        Total

Beginning Scheduled Collateral Balance

691,926,764.32

691,926,764.32

Beginning Certificate Balance

691,926,763.55

(-) Scheduled Principal Collections

703,058.55

703,058.55

(-) Principal Distributions

711,429.35

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

8,370.80

8,370.80

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

691,215,334.97

691,215,334.97

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

693,224,149.32

693,224,149.32

Ending Certificate Balance

691,215,334.20

Ending Actual Collateral Balance

692,456,929.31

692,456,929.31

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                Principal

     (WODRA) from Principal

Beginning UC / (OC)

(0.77)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.77)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.03%

 

 

 

 

UC / (OC) Interest

0.00

(1)

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

 

 

 

(2)

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

 

 

 

**

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

 

 

 

 

 

 

 

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Page 7 of 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

3

19,790,101.04

2.86%

41

3.9607

NAP

Defeased

3

19,790,101.04

2.86%

41

3.9607

NAP

 

5,000,000 or less

14

42,905,546.95

6.21%

42

4.2902

2.044602

1.55 or less

18

202,275,598.58

29.26%

28

4.1705

1.117989

5,000,001 to 10,000,000

18

140,889,673.51

20.38%

31

4.2088

1.937431

1.56 to 1.65

3

40,586,244.10

5.87%

18

4.1672

1.570102

10,000,001 to 15,000,000

16

200,705,918.41

29.04%

42

4.0236

2.428382

1.66 to 1.75

3

7,490,063.35

1.08%

42

4.2356

1.704343

15,000,001 to 20,000,000

6

114,083,043.74

16.50%

41

3.5492

2.722256

1.76 to 1.85

2

23,844,871.40

3.45%

40

3.7772

1.803023

20,000,001 to 25,000,000

3

72,841,051.32

10.54%

42

3.8510

2.366483

1.86 to 1.95

4

27,828,808.94

4.03%

42

4.4146

1.926641

25,000,001 to 30,000,000

1

30,000,000.00

4.34%

33

3.9140

2.724900

1.96 to 2.05

4

63,419,189.26

9.18%

42

3.9376

2.018361

 

30,000,001 or greater

2

70,000,000.00

10.13%

11

3.6325

1.177400

2.06 to 2.25

4

43,312,071.41

6.27%

42

3.9866

2.206171

 

Totals

63

691,215,334.97

100.00%

36

3.9353

2.230288

2.26 to 2.45

2

18,900,000.00

2.73%

41

3.9352

2.351212

 

 

 

 

 

 

 

 

2.46 to 2.65

6

37,973,685.98

5.49%

42

3.9873

2.552126

 

 

 

 

 

 

 

 

2.66 to 2.85

4

67,047,410.48

9.70%

38

3.8471

2.743210

 

 

 

 

 

 

 

 

2.86 or greater

10

138,747,290.43

20.07%

42

3.4470

3.943215

 

 

 

 

 

 

 

 

Totals

63

691,215,334.97

100.00%

36

3.9353

2.230288

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 30

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

State³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

State

 

 

 

WAM²

WAC

 

State

 

 

 

WAM²

WAC

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Defeased

3

19,790,101.04

2.86%

41

3.9607

NAP

North Dakota

1

280,948.48

0.04%

42

4.8500

0.842600

Arizona

4

25,672,090.49

3.71%

40

3.8448

1.589075

Ohio

3

22,333,944.72

3.23%

41

3.8598

2.837939

Arkansas

1

5,025,759.87

0.73%

42

3.4970

2.479100

Oklahoma

6

14,737,910.65

2.13%

42

4.4217

2.671229

California

9

110,744,148.03

16.02%

22

3.5973

2.051520

Oregon

2

3,374,414.26

0.49%

42

4.2923

2.214034

Colorado

2

8,958,944.22

1.30%

42

4.0364

2.321207

Pennsylvania

7

28,149,789.33

4.07%

42

4.0051

1.695072

Florida

3

20,267,485.65

2.93%

42

4.6525

2.169362

South Dakota

1

403,992.75

0.06%

42

4.8500

0.842600

Georgia

4

38,590,160.03

5.58%

42

3.6419

3.250565

Tennessee

7

33,920,483.25

4.91%

42

4.0198

2.510957

Illinois

3

26,964,759.28

3.90%

42

3.8784

2.829622

Texas

7

31,166,832.86

4.51%

42

4.1168

1.951653

Indiana

6

23,514,135.27

3.40%

41

3.3470

3.971542

Utah

2

4,441,037.90

0.64%

41

4.0358

2.476542

Iowa

3

2,775,893.19

0.40%

41

3.4394

4.233751

Virginia

2

4,438,668.44

0.64%

41

2.9581

5.390874

Kansas

5

2,430,844.90

0.35%

42

4.8500

0.842600

Wisconsin

1

9,297,681.38

1.35%

42

4.1150

2.001900

Kentucky

2

6,195,096.40

0.90%

42

3.7447

3.398362

Wyoming

6

5,387,289.98

0.78%

42

4.8500

0.842600

Louisiana

1

538,723.60

0.08%

42

4.8500

0.842600

Totals

126

691,215,334.97

100.00%

36

3.9353

2.230288

Maryland

3

6,154,161.87

0.89%

41

3.8088

3.219559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Massachusetts

1

2,936,963.56

0.42%

40

4.3400

0.888600

 

 

 

 

 

 

 

Minnesota

1

109,838.53

0.02%

42

4.8500

0.842600

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Mississippi

1

3,008,848.87

0.44%

42

4.8300

3.675200

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Missouri

7

54,021,263.25

7.82%

41

3.9927

1.891075

Defeased

3

19,790,101.04

2.86%

41

3.9607

NAP

Montana

2

1,099,318.97

0.16%

42

4.8500

0.842600

Industrial

14

58,587,038.16

8.48%

41

3.3665

4.112555

Nebraska

4

3,053,025.67

0.44%

42

4.8500

0.842600

Lodging

57

130,402,962.30

18.87%

42

4.3394

2.041605

Nevada

2

25,629,607.52

3.71%

(18)

4.9756

1.209402

Mixed Use

2

46,089,368.31

6.67%

42

3.8372

1.580941

New Jersey

1

1,080,583.75

0.16%

42

4.2000

1.424200

Mobile Home Park

2

13,631,816.06

1.97%

42

3.6791

3.458369

New Mexico

3

2,844,542.04

0.41%

42

4.8500

0.842600

Multi-Family

18

142,642,047.51

20.64%

41

4.0906

1.862704

New York

8

126,939,830.59

18.36%

39

3.8719

1.843458

Office

16

177,896,846.64

25.74%

19

3.8525

1.950406

North Carolina

2

14,936,214.78

2.16%

42

3.9623

1.997646

Other

1

28,000,000.00

4.05%

42

3.6607

1.576400

 

 

 

 

 

 

 

Retail

13

74,175,155.34

10.73%

42

3.7786

2.591924

 

 

 

 

 

 

 

Totals

126

691,215,334.97

100.00%

36

3.9353

2.230288

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 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

3

19,790,101.04

2.86%

41

3.9607

NAP

Defeased

3

19,790,101.04

2.86%

41

3.9607

NAP

 

3.5000% or less

9

145,725,759.87

21.08%

27

3.1727

3.019761

12 months or less

23

205,573,226.05

29.74%

42

4.1295

1.996827

 

3.5001% to 3.7000%

5

73,103,888.34

10.58%

41

3.6390

2.421160

13 months to 24 months

3

24,860,882.17

3.60%

42

4.1812

2.193756

 

3.7001% to 3.9000%

5

69,682,648.45

10.08%

42

3.8102

2.701896

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

3.9001% to 4.1000%

10

139,923,241.94

20.24%

40

3.9617

1.951491

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.1001% to 4.3000%

11

85,462,047.70

12.36%

42

4.1729

2.068567

49 months or greater

34

440,991,125.71

63.80%

33

3.8297

2.335992

 

4.3001% to 4.5000%

4

38,466,093.87

5.56%

41

4.3805

1.687765

Totals

63

691,215,334.97

100.00%

36

3.9353

2.230288

 

4.5001% to 4.7000%

6

50,260,773.64

7.27%

41

4.5898

1.520488

 

 

 

 

 

 

 

 

4.7001% or greater

10

68,800,780.12

9.95%

19

4.9085

1.434151

 

 

 

 

 

 

 

 

Totals

63

691,215,334.97

100.00%

36

3.9353

2.230288

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 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

3

19,790,101.04

2.86%

41

3.9607

NAP

Defeased

3

19,790,101.04

2.86%

41

3.9607

NAP

 

110 months or less

60

671,425,233.93

97.14%

36

3.9345

2.226882

Interest Only

60

671,425,233.93

97.14%

36

3.9345

2.226882

 

111 months or greater

0

0.00

0.00%

0

0.0000

0.000000

299 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

63

691,215,334.97

100.00%

36

3.9353

2.230288

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

63

691,215,334.97

100.00%

36

3.9353

2.230288

(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 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

Underwriter's Information

9

60,490,777.00

8.75%

26

4.1244

2.431666

 

 

No outstanding loans in this group

 

 

Totals

63

691,215,334.97

100.00%

36

3.9353

2.230288

 

 

 

 

 

 

(1)

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

 

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

 

 

(2)

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

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

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Page 12 of 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

Type

  City

State

Type

Rate

Interest

Principal

Adjustments        Repay Date

Date

Date

Balance

Balance

Date

1

323000001

OF

San Francisco

CA

Actual/360

3.303%

99,548.75

0.00

0.00

N/A

11/06/24

--

35,000,000.00

35,000,000.00

06/06/25

2

310951439

MF

St Louis

MO

Actual/360

3.962%

119,410.28

0.00

0.00

N/A

11/11/29

--

35,000,000.00

35,000,000.00

05/11/26

3

323000003

LO

Various

Various

Actual/360

4.850%

73,257.85

79,036.23

5,978.99

N/A

12/06/29

--

18,972,571.29

18,893,535.06

11/06/25

3A

323000103

 

 

 

Actual/360

4.850%

29,302.93

31,614.70

2,391.81

N/A

12/06/29

--

7,589,028.73

7,557,414.03

11/06/25

4

323000004

IN

Various

Various

Actual/360

4.115%

85,157.56

41,184.42

0.00

N/A

12/06/29

--

24,032,235.74

23,991,051.32

06/06/26

4A

323000104

 

 

 

Actual/360

4.115%

16,313.71

7,889.74

0.00

N/A

12/06/29

--

4,603,876.25

4,595,986.51

06/06/26

5

323000005

OF

New York

NY

Actual/360

3.914%

101,111.67

0.00

0.00

N/A

03/11/29

--

30,000,000.00

30,000,000.00

06/11/26

6

453012235

IN

Various

Various

Actual/360

2.653%

45,695.03

0.00

0.00

N/A

11/07/29

--

20,000,000.00

20,000,000.00

06/07/26

6A

453012236

 

 

 

Actual/360

2.653%

22,847.52

0.00

0.00

N/A

11/07/29

--

10,000,000.00

10,000,000.00

06/07/26

7

323000007

MU

New York

NY

Actual/360

3.470%

59,761.11

0.00

0.00

N/A

12/06/29

--

20,000,000.00

20,000,000.00

06/06/26

7A

323000107

 

 

 

Actual/360

3.470%

29,880.56

0.00

0.00

N/A

12/06/29

--

10,000,000.00

10,000,000.00

06/06/26

8

323000008

98

New York

NY

Actual/360

3.661%

78,807.17

0.00

0.00

N/A

12/06/29

--

25,000,000.00

25,000,000.00

06/06/26

8A

323000108

 

 

 

Actual/360

3.661%

9,456.86

0.00

0.00

N/A

12/06/29

--

3,000,000.00

3,000,000.00

06/06/26

9

323000009

OF

Las Vegas

NV

Actual/360

4.979%

39,839.79

13,717.03

0.00

N/A

10/06/24

10/06/25

9,291,243.36

9,277,526.33

05/06/26

9A

323000109

 

 

 

Actual/360

4.979%

39,839.79

13,717.03

0.00

N/A

10/06/24

10/06/25

9,291,243.36

9,277,526.33

05/06/26

9B

323000209

 

 

 

Actual/360

4.979%

27,091.06

9,327.58

0.00

N/A

10/06/24

10/06/25

6,318,045.35

6,308,717.77

05/06/26

10

323000010

LO

Atlanta

GA

Actual/360

3.785%

77,734.44

0.00

0.00

N/A

12/01/29

--

23,850,000.00

23,850,000.00

06/01/26

11

310952591

OF

Phoenix

AZ

Actual/360

3.660%

62,864.31

42,481.10

0.00

N/A

10/11/29

--

19,946,369.44

19,903,888.34

04/11/26

12

310953493

OF

Los Angeles

CA

Actual/360

3.005%

51,744.17

0.00

0.00

N/A

11/09/29

--

20,000,000.00

20,000,000.00

06/09/26

13

323000013

LO

Various

Various

Actual/360

4.340%

55,242.60

41,495.99

0.00

N/A

10/05/29

--

14,781,728.28

14,740,232.29

06/05/26

14

323000014

RT

Various

Various

Actual/360

3.786%

49,921.99

27,091.19

0.00

N/A

11/06/29

--

15,312,711.53

15,285,620.34

06/06/26

15

323000015

MU

Petaluma

CA

Actual/360

4.522%

24,713.08

8,306.49

0.00

N/A

11/06/29

--

6,346,542.49

6,338,236.00

06/06/26

15A

323000115

 

 

 

Actual/360

4.522%

19,010.06

6,389.61

0.00

N/A

11/06/29

--

4,881,955.79

4,875,566.18

06/06/26

15B

323000215

 

 

 

Actual/360

4.522%

19,010.06

6,389.61

0.00

N/A

11/06/29

--

4,881,955.79

4,875,566.18

06/06/26

16

307331195

LO

Cary

NC

Actual/360

3.940%

43,865.84

26,043.66

0.00

N/A

12/06/29

--

12,929,181.60

12,903,137.94

06/06/26

17

307331194

MF

Muskogee

OK

Actual/360

4.410%

54,556.98

19,141.73

0.00

N/A

12/06/29

--

14,366,552.21

14,347,410.48

06/06/26

18

323000018

MF

Jackson Heights

NY

Actual/360

4.600%

57,436.11

0.00

0.00

N/A

09/05/29

--

14,500,000.00

14,500,000.00

08/05/23

19

310952116

LO

Johnson City

TN

Actual/360

3.874%

42,337.18

25,838.90

0.00

N/A

12/11/29

--

12,691,211.38

12,665,372.48

06/11/26

 

 

 

 

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Page 13 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

Type

 City

State

Type

Rate

Interest

Principal

Adjustments         Repay Date

Date

Date

Balance

Balance

Date

20

303161353

MF

Normal

IL

Actual/360

3.620%

44,264.56

0.00

0.00

N/A

12/01/29

--

14,200,000.00

14,200,000.00

06/01/26

21

28202321

RT

Parma

OH

Actual/360

4.180%

44,665.95

23,633.13

0.00

N/A

12/06/29

--

12,409,123.49

12,385,490.36

06/06/26

22

323000022

MF

Kansas City

MO

Actual/360

4.200%

44,638.18

23,824.22

0.00

N/A

12/06/29

--

12,342,352.67

12,318,528.45

06/06/26

23

323000023

RT

Reading

PA

Actual/360

3.963%

38,505.51

32,739.85

0.00

N/A

12/06/29

--

11,283,390.90

11,250,651.05

06/06/26

24

323000024

OF

Various

TX

Actual/360

4.278%

45,543.76

20,571.34

0.00

N/A

12/01/29

--

12,363,144.67

12,342,573.33

06/01/26

25

323000025

RT

Aliso Viejo

CA

Actual/360

3.295%

36,885.69

0.00

0.00

N/A

12/01/29

--

13,000,000.00

13,000,000.00

06/01/26

26

323000026

RT

Douglasville

GA

Actual/360

3.350%

36,635.97

0.00

0.00

N/A

12/01/29

--

12,700,000.00

12,700,000.00

06/01/26

27

28002309

MF

Memphis

TN

Actual/360

4.042%

38,345.26

19,235.52

0.00

N/A

11/06/29

--

11,016,817.12

10,997,581.60

06/06/26

28

323000028

LO

Tampa

FL

Actual/360

4.644%

44,149.91

17,168.08

0.00

N/A

12/06/29

--

11,040,237.16

11,023,069.08

06/06/26

29

323000029

MF

Philadelphia

PA

Actual/360

3.980%

35,480.63

20,718.40

0.00

N/A

12/01/29

--

10,352,589.75

10,331,871.35

12/01/24

30

303161354

MH

Dana Point

CA

Actual/360

3.570%

33,815.83

0.00

0.00

N/A

12/01/29

--

11,000,000.00

11,000,000.00

06/01/26

31

307331183

OF

Jeffersonville

IN

Actual/360

3.850%

33,152.78

0.00

0.00

11/06/29

11/06/34

--

10,000,000.00

10,000,000.00

06/06/26

32

323000032

MF

Bronx

NY

Actual/360

3.990%

33,671.17

0.00

0.00

N/A

12/01/29

--

9,800,000.00

9,800,000.00

06/01/26

33

303161352

LO

Lincoln

CA

Actual/360

4.630%

34,527.37

11,772.12

0.00

N/A

12/01/29

--

8,660,108.32

8,648,336.20

06/01/26

34

323000034

OF

Boulder

CO

Actual/360

4.031%

30,893.14

0.00

0.00

N/A

12/06/29

--

8,900,000.00

8,900,000.00

06/06/26

36

303161356

LO

Early

TX

Actual/360

4.140%

25,043.30

19,946.90

0.00

N/A

12/01/29

--

7,024,768.48

7,004,821.58

06/01/26

37

323000037

MF

Yonkers

NY

Actual/360

3.780%

25,693.71

11,956.67

0.00

N/A

12/06/29

--

7,893,612.30

7,881,655.63

06/06/26

38

307331185

LO

St Augustine

FL

Actual/360

5.100%

27,170.33

19,581.06

0.00

N/A

12/06/29

--

6,186,792.79

6,167,211.73

06/06/26

39

323000039

RT

Melbourne

FL

Actual/360

3.829%

21,622.16

13,448.57

0.00

N/A

12/06/29

09/06/29

6,557,745.42

6,544,296.85

06/06/26

40

323000040

IN

Pittsburgh

PA

Actual/360

3.730%

24,089.58

0.00

0.00

N/A

12/06/29

08/06/29

7,500,000.00

7,500,000.00

06/06/26

41

323000041

MF

Santa Rosa

CA

Actual/360

3.930%

22,809.28

0.00

0.00

N/A

12/01/29

--

6,740,000.00

6,740,000.00

06/01/26

42

28002320

MF

New York

NY

Actual/360

4.714%

26,486.79

0.00

0.00

N/A

11/06/29

--

6,525,000.00

6,525,000.00

06/06/26

43

323000043

MF

Tampa

FL

Actual/360

4.412%

21,870.33

10,725.22

0.00

N/A

09/06/29

--

5,756,529.41

5,745,804.19

06/06/26

44

323000044

OF

Blue Bell

PA

Actual/360

4.421%

20,738.87

10,134.26

0.00

N/A

12/06/29

--

5,447,602.30

5,437,468.04

05/06/26

45

323000045

OF

Springdale

AR

Actual/360

3.497%

15,161.37

9,055.56

0.00

N/A

12/06/29

--

5,034,815.43

5,025,759.87

06/06/26

46

323000046

OF

Linthicum Heights

MD

Actual/360

4.200%

15,909.18

8,541.68

0.00

N/A

11/06/29

--

4,398,851.34

4,390,309.66

06/06/26

47

323000047

LO

Florence

KY

Actual/360

4.369%

14,867.78

10,908.11

0.00

N/A

12/06/29

--

3,951,891.17

3,940,983.06

06/06/26

48

410952359

RT

Salt Lake City

UT

Actual/360

3.946%

13,591.78

0.00

0.00

N/A

11/11/29

--

4,000,000.00

4,000,000.00

06/11/26

 

 

 

 

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Page 14 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

Type

 City

State

Type

Rate

Interest

Principal

Adjustments       Repay Date

Date

Date

Balance

Balance

Date

49

323000049

LO

New Albany

MS

Actual/360

4.830%

12,546.98

7,855.88

0.00

N/A

12/01/29

--

3,016,704.75

3,008,848.87

06/01/26

50

307331186

RT

Brownsburg

IN

Actual/360

4.270%

9,901.82

5,138.08

0.00

N/A

12/06/29

--

2,692,947.92

2,687,809.84

06/06/26

51

410952200

MH

Boring

OR

Actual/360

4.135%

9,384.33

3,716.90

0.00

N/A

12/11/29

--

2,635,532.96

2,631,816.06

06/11/26

52

410952179

OF

Greensboro

NC

Actual/360

4.104%

7,217.19

9,139.75

0.00

N/A

11/11/29

--

2,042,216.59

2,033,076.84

06/11/26

53

307331190

RT

Tuckahoe

NJ

Actual/360

4.200%

3,915.17

1,953.04

0.00

N/A

12/06/29

--

1,082,536.79

1,080,583.75

06/06/26

54

28002334

RT

Rolla

MO

Actual/360

4.760%

3,787.37

0.00

0.00

12/06/29

07/06/34

--

924,000.00

924,000.00

06/06/26

55

28002335

RT

Dexter

MO

Actual/360

5.190%

3,847.95

0.00

0.00

12/06/29

04/06/34

--

861,000.00

861,000.00

06/06/26

Totals

 

 

 

 

 

 

2,336,589.44

711,429.35

8,370.80

 

 

 

691,926,764.32

691,215,334.97

 

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 15 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

Fiscal NOI

      NOI

  Date

    Date

   Date

Reduction Amount

   ASER

   Advances

 Advances

Advances

from Principal

Defease Status

 

1

8,168,714.00

0.00

--

--

05/12/25

0.00

151,948.97

99,103.30

1,019,270.13

0.00

0.00

 

 

2

2,418,359.57

665,792.05

01/01/26

03/31/26

--

0.00

0.00

119,334.93

119,334.93

0.00

0.00

 

 

3

0.00

5,907,177.00

01/01/25

06/30/25

06/11/26

183,669.06

766.68

151,285.93

1,069,487.91

216,268.41

0.00

 

 

3A

0.00

0.00

--

--

06/11/26

73,478.06

306.71

60,514.33

429,200.98

0.00

0.00

 

 

4

3,976,068.00

957,492.97

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

56,889,293.91

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

36,861,932.89

9,382,929.71

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

2,197,476.61

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

5,319,000.00

1,329,750.00

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

5,111,183.00

1,870,864.00

01/01/25

06/30/25

11/12/25

0.00

0.00

53,536.82

53,536.82

0.00

0.00

 

 

9A

0.00

0.00

--

--

11/12/25

0.00

0.00

107,075.16

107,075.16

0.00

0.00

 

 

9B

0.00

0.00

--

--

11/12/25

0.00

0.00

72,811.11

72,811.11

0.00

0.00

 

 

10

0.00

898,376.95

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

4,449,510.85

0.00

--

--

--

0.00

0.00

105,091.55

210,606.23

0.00

0.00

 

 

12

123,137,714.10

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

1,323,298.56

1,401,797.12

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

3,868,260.44

2,126,908.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

1,715,393.28

447,375.71

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,935,764.82

1,913,944.45

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

2,578,286.11

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

459,131.00

01/01/20

09/30/20

01/13/25

4,104,607.69

81,974.80

41,001.60

1,834,607.86

1,505,964.79

0.00

 

 

19

2,906,979.27

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 16 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

Fiscal NOI

       NOI

     Date

    Date

    Date

Reduction Amount

    ASER

    Advances

   Advances

Advances

from Principal

Defease Status

 

20

2,074,182.46

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

5,264,242.93

5,927,054.44

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

1,969,890.59

550,154.98

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,427,605.61

502,952.01

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,529,449.58

389,007.14

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,578,365.16

436,389.70

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,301,952.24

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

2,249,021.37

477,795.21

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

2,381,308.58

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

608,031.46

343,348.23

01/01/25

06/30/25

05/12/25

0.00

0.00

56,067.27

1,011,182.48

53,393.85

0.00

 

 

30

1,453,620.14

361,040.57

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

2,644,082.26

665,117.36

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

588,630.97

437,935.40

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

958,123.07

974,409.17

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

853,647.53

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

1,085,616.08

1,123,136.78

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

518,481.00

381,267.53

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

628,358.03

545,620.71

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

40

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

41

300,712.21

102,391.69

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

635,081.26

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

44

493,949.08

0.00

--

--

--

0.00

0.00

30,861.40

30,861.40

0.00

0.00

 

 

45

709,708.26

182,319.26

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

4,109,285.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

641,117.00

641,489.82

10/01/23

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

48

459,139.23

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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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

Fiscal NOI

    NOI

Date

Date

  Date

Reduction Amount

      ASER

    Advances

      Advances

Advances

from Principal

Defease Status

 

49

0.00

250,179.70

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

237,219.60

177,916.17

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

411,472.94

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

412,693.88

89,484.20

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

53

101,419.26

25,354.81

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

86,109.81

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

80,801.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

300,650,553.00

41,945,903.84

 

 

 

4,361,754.81

234,997.16

896,683.40

5,957,975.01

1,775,627.05

0.00

 

 

 

 

 

 

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Page 18 of 30

 


 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

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

 

 

 

 

 

 

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Page 19 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/17/26

1

19,903,888.34

0

0.00

4

51,282,820.44

0

0.00

2

26,450,949.09

0

0.00

 

0

0.00

0

0.00

 

3.935270%

3.877452%

36

05/15/26

1

19,946,369.44

0

0.00

4

51,414,189.77

0

0.00

2

26,561,600.02

0

0.00

 

0

0.00

0

0.00

 

3.935647%

3.877811%

37

04/17/26

0

0.00

0

0.00

4

51,541,412.90

0

0.00

2

26,667,032.48

0

0.00

 

0

0.00

0

0.00

 

3.936033%

3.878181%

38

03/17/26

1

5,468,420.90

0

0.00

4

51,663,402.37

0

0.00

2

26,768,448.74

0

0.00

 

0

0.00

0

0.00

 

3.936394%

3.878528%

39

02/18/26

0

0.00

2

26,880,262.13

2

24,918,900.38

0

0.00

2

26,880,262.13

0

0.00

 

0

0.00

0

0.00

 

3.936818%

3.878935%

40

01/16/26

2

26,980,791.56

0

0.00

2

24,939,321.54

0

0.00

2

26,980,791.56

0

0.00

 

0

0.00

0

0.00

 

3.937175%

3.879277%

41

12/17/25

0

0.00

0

0.00

2

24,959,672.95

0

0.00

2

27,080,902.88

0

0.00

 

0

0.00

0

0.00

 

3.937530%

3.879617%

42

11/18/25

0

0.00

0

0.00

2

24,981,109.63

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

3.937904%

3.879975%

43

10/20/25

0

0.00

0

0.00

2

25,001,318.31

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

3.938254%

3.880311%

44

09/17/25

0

0.00

0

0.00

2

25,022,617.33

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

3.938624%

3.880666%

45

08/15/25

1

8,004,400.21

0

0.00

2

25,042,684.24

0

0.00

0

0.00

0

0.00

 

2

154,134.72

0

0.00

 

3.938970%

3.880997%

46

07/17/25

1

8,015,958.64

0

0.00

2

25,062,682.61

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

3.939513%

3.881481%

47

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 20 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

1

323000001

06/06/25

11

5

 

99,103.30

1,019,270.13

0.00

 

35,000,000.00

11/19/24

5

 

 

 

 

2

310951439

05/11/26

0

B

 

119,334.93

119,334.93

0.00

 

35,000,000.00

 

 

 

 

 

 

3

323000003

11/06/25

6

6

 

151,285.93

1,069,487.91

4,281,578.04

 

19,416,421.31

04/30/24

7

     06/26/24

 

11/12/25

3A

323000103

11/06/25

6

6

 

60,514.33

429,200.98

0.00

 

7,767,672.14

04/30/24

7

     06/26/24

 

11/12/25

9

323000009

05/06/26

0

5

 

53,536.82

53,536.82

81,370.80

 

9,291,243.36

10/15/24

7

 

 

 

 

9A

323000109

05/06/26

0

5

 

107,075.16

107,075.16

0.00

 

9,291,243.36

10/15/24

7

 

 

 

 

9B

323000209

05/06/26

0

5

 

72,811.11

72,811.11

0.00

 

6,318,045.35

10/15/24

7

 

 

 

 

11

310952591

04/11/26

1

1

 

105,091.55

210,606.23

0.00

 

19,990,743.08

 

 

 

 

 

 

18

323000018

08/05/23

33

6

 

41,001.60

1,834,607.86

2,070,824.57

 

14,500,000.00

03/17/21

2

 

 

 

 

29

323000029

12/01/24

17

6

 

56,067.27

1,011,182.48

125,157.27

 

10,706,570.68

11/06/24

13

 

 

 

 

44

323000044

05/06/26

0

B

 

30,861.40

30,861.40

6,140.00

 

5,447,602.29

 

 

 

 

 

 

Totals

 

 

 

 

 

896,683.40

5,957,975.01

6,565,070.68

            172,729,541.57

 

 

 

 

 

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 21 of 30

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

         Total

          Performing

Non-Performing

               REO/Foreclosure

 

 

Past Maturity

 

59,863,770

0

       59,863,770

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

 

30,000,000

30,000,000

0

 

 

0

 

37 - 48 Months

 

589,566,565

518,379,856

      44,735,760

26,450,949

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

11,785,000

11,785,000

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

      Current

       30-59 Days

       60-89 Days

   90+ Days

REO/Foreclosure

 

 

Jun-26

691,215,335

585,028,626

19,903,888

0

59,831,871

26,450,949

 

May-26

691,926,764

560,665,673

19,946,369

0

84,753,122

26,561,600

 

Apr-26

692,667,416

581,185,432

0

0

84,814,952

26,667,032

 

Mar-26

693,365,154

576,256,325

5,468,421

0

84,871,959

26,768,449

 

Feb-26

694,181,414

582,358,628

0

0

84,942,523

26,880,262

 

Jan-26

694,873,571

582,893,756

26,980,792

0

84,999,024

0

 

Dec-25

695,563,178

610,507,878

0

0

85,055,300

0

 

Nov-25

696,290,859

636,309,750

0

0

59,981,110

0

 

Oct-25

696,975,244

636,973,926

0

0

60,001,318

0

 

Sep-25

697,697,889

637,675,272

0

0

60,022,617

0

 

Aug-25

698,377,089

630,330,005

8,004,400

0

60,042,684

0

 

Jul-25

699,207,281

605,848,829

8,015,959

0

85,342,493

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 22 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

1

323000001

35,000,000.00

35,000,000.00

153,000,000.00

01/22/25

7,182,736.00

1.05340

12/31/24

11/06/24

I/O

3

323000003

18,893,535.06

19,416,421.31

136,110,000.00

12/13/25

4,466,085.00

0.84260

06/30/25

12/06/29

I/O

3A

323000103

7,557,414.03

7,767,672.14

136,110,000.00

12/13/25

23,369,629.25

1.94000

--

12/06/29

I/O

9

323000009

9,277,526.33

9,291,243.36

57,900,000.00

09/24/25

1,835,841.50

1.22070

06/30/25

10/06/24

I/O

9A

323000109

9,277,526.33

9,291,243.36

57,900,000.00

09/24/25

4,766,341.80

1.56000

--

10/06/24

I/O

9B

323000209

6,308,717.77

6,318,045.35

57,900,000.00

09/24/25

4,766,341.80

1.56000

--

10/06/24

I/O

18

323000018

14,500,000.00

14,500,000.00

16,300,000.00

03/31/26

439,256.00

0.76030

09/30/20

09/05/29

I/O

29

323000029

10,331,871.35

10,706,570.68

12,700,000.00

02/19/26

337,098.23

0.99970

06/30/25

12/01/29

I/O

Totals

 

111,146,590.87

112,291,196.20

627,920,000.00

 

47,163,329.58

 

 

 

 

 

 

 

 

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Page 23 of 30

 


 

 

             

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

Servicing

 

 

 

 

Property

 

Transfer

Resolution

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

Special Servicing Comments

1

323000001

OF

CA

11/19/24

5

 

 

K-Star Asset Management LLC took over as successor SS effective 6/17/25 following Borrower's maturity default 11/6/24 and original transfer to special servicing 11/8/24. Loan's OPB is $350MM (comprised of 6 pari-passu A Notes totaling

 

$203.6MM ($351psf) and the B Note totaling $146.4MM ($604psf total loan basis)) and is secured by a 1st lien position in a 22-story, 580,000 sf, class-A, mixed-use office building (w/ ~25k SF of street retail) located in the FiDi submarket within

 

San Francisco's CBD. PNA b/w Borrower & Midland (prior SS) was executed 10/17/24, but Borrower failed to enter into an updated PNA w/ K-Star. A receiver was appointed 8/21/25 via a stipulated order, who hired JLL to lease the property.

 

Various proposed lease renewals and expansions have been approved, which have increased leasing back up to 57%. The successful note sale marketing has resulted in a high bidder who seller has vetted accepted, and the parties are working

 

toward a mutually agreeable closing August 2026

 

 

 

3

323000003

LO

Various

04/30/24

7

 

 

Borrower filed chapter 11 bankruptcy on June 26, 2024. Borrower and Lender came to an agreement on a court-approved plan to sell all collateral. Lender was the successful bidder at the 363 Sale on September 25, 2025. On November 12,

 

2025, the transfer oftitle to all the Properties in the Portfolio was completed and the Portfolio is now REO. Updates regarding the wind-down of the litigation will be provided as they become available. Sale strategies are being explored while

 

railroad contract extensions are being negotiated. Special Servicer has completed some deferred maintenance and addressed brand standard deficiencies. T12 average 4/2026 KPI's - 116.6% occ index, 97.4% ADR index, 115.0% revPAR

 

index.

 

 

 

 

 

3A

323000103

Various

Various

04/30/24

7

 

 

Special Servicer comments are not available for this cycle.

 

 

 

 

9

323000009

OF

NV

10/15/24

7

 

 

Sole 100% tenant United Health Care's lease term expired on 12/31/2025 and tenant departed at lease expiration. The Property is now 100% vacant. Colliers, was appointed as Receiver in April 2026 and has taken control of the Property.

 

Further, Colliers and Lender are evaluating an exit strategy of lease-up and sale.

 

 

9A

323000109

Various

Various

10/15/24

7

 

 

Sole 100% tenant United Health Care's lease term expired on 12/31/2025 and tenant departed at lease expiration. The Property is now 100% vacant. Colliers, was appointed as Receiver in April 2026 and has taken control of the Property.

 

Further, Colliers and Lender are evaluating an exit strategy of lease-up and sale.

 

 

9B

323000209

Various

Various

10/15/24

7

 

 

Sole 100% tenant United Health Care's lease term expired on 12/31/2025 and tenant departed at lease expiration. The Property is now 100% vacant. Colliers, was appointed as Receiver in April 2026 and has taken control of the Property.

 

Further, Colliers and Lender are evaluating an exit strategy of lease-up and sale.

 

 

 

 

 

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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

 

18

323000018

MF

NY

03/17/21

2

 

 

 

 

Receivership order was been entered by the Court on 10/30/2024. Borrower filed for bankruptcy on 2/13/2026. Borrower has indicated consent to Receiver remaining in place. The Bankruptcy Court approved motion to maintain the receivership.

 

Borrower has agreed to a joint plan to sell the Property. Proof of claim was filed on 6/2/2026. Next status conference is set for 6/11/2026.

 

 

 

 

29

323000029

MF

PA

11/06/24

13

 

 

 

 

Property was 90% occupied as of Q3 2025, covering at 1.19x DSCR (NOI). Borrower has not provided updated financials. Motion for Summary Judgment was filed on 3/23/2026, and it was denied by the Court on 5/28/2026. Counsel is drafting a

 

Motion to Reconside r. Receiver order was entered on 5/27/2026.

 

 

 

 

 

 

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

 

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

            Balance

Rate

            Balance

Rate

 

 

 

 

Pros ID

Loan Number

 

 

 

 

Code¹

Date

Date

Date

9

323000009

0.00

4.97948%

0.00

4.97948%

9

05/22/25

10/06/24

--

9A

323000109

0.00

4.97948%

0.00

4.97948%

9

05/22/25

10/06/24

--

9B

323000209

0.00

4.97948%

0.00

4.97948%

9

05/22/25

10/06/24

--

13

323000013

0.00

4.34000%

0.00

4.34000%

10

07/21/20

07/01/20

08/11/20

13

323000013

0.00

4.34000%

0.00

4.34000%

10

08/11/20

07/01/20

07/21/20

21

28202321

0.00

4.18000%

0.00

4.18000%

10

07/30/20

06/06/20

09/11/20

21

28202321

0.00

4.18000%

0.00

4.18000%

10

09/11/20

06/06/20

07/30/20

33

303161352

9,000,000.00

4.63000%

9,000,000.00

4.63000%

10

05/01/20

06/01/20

06/11/20

33

303161352

0.00

4.63000%

0.00

4.63000%

10

06/11/20

06/01/20

05/01/20

Totals

 

9,000,000.00

 

9,000,000.00

 

 

 

 

 

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)

1

0.00

0.00

7,534.72

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

3

0.00

0.00

5,718.12

0.00

0.00

766.68

0.00

0.00

0.00

0.00

0.00

0.00

3A

0.00

0.00

0.00

0.00

0.00

306.71

0.00

0.00

0.00

0.00

0.00

0.00

8A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1.71

0.00

0.00

0.00

9

0.00

0.00

5,360.53

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

18

0.00

0.00

3,500.00

0.00

0.00

16,249.97

0.00

0.00

0.00

0.00

0.00

0.00

29

0.00

0.00

3,500.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

39

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

243.77

0.00

0.00

0.00

Total

0.00

0.00

25,613.37

0.00

0.00

17,323.36

0.00

0.00

245.48

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

43,182.21

 

 

 

 

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Page 29 of 30

 


 

 

   

Supplemental Notes

 

Additional Notice

 

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

 

 

 

 

 

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Page 30 of 30