Distribution Date:

06/17/26

Benchmark 2018-B7 Mortgage Trust

Determination Date:

06/11/26

 

Next Distribution Date:

07/17/26

 

Record Date:

05/29/26

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

Torchlight Loan Services, LLC

 

 

Mortgage Loan Detail (Part 1)

16-17

Heights Portfolio loan)

 

 

 

 

Mortgage Loan Detail (Part 2)

18-19

 

William A. Clarkson

(212) 808-3640

wclarkson@torchlightinvestors.com

 

Principal Prepayment Detail

20

 

280 Park Avenue, 11th Floor | 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

25-26

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Modified Loan Detail

27

 

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

 

Historical Liquidated Loan Detail

28

 

 

 

 

 

 

Directing Holder

Eightfold Real Estate Capital, L.P.

 

 

Historical Bond / Collateral Loss Reconciliation Detail

29

 

 

 

 

 

 

 

-

 

 

Interest Shortfall Detail - Collateral Level

30

 

 

 

 

 

Supplemental Notes

31

 

 

 

 

 

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 31

 


 

 

                         

 

 

 

 

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

149,910,698.94

27,341.61

546,799.27

0.00

0.00

574,140.88

149,883,357.33

32.97%

30.00%

A-SB

08162TAZ6

4.376000%

36,078,000.00

17,197,839.59

623,650.52

62,714.79

0.00

0.00

686,365.31

16,574,189.07

32.97%

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

32.97%

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

32.97%

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

23.90%

21.75%

B

08162TBE2

4.979155%

52,300,000.00

52,300,000.00

0.00

217,008.19

0.00

0.00

217,008.19

52,300,000.00

18.82%

17.13%

C

08162TBF9

4.979155%

52,301,000.00

52,301,000.00

0.00

217,012.34

0.00

0.00

217,012.34

52,301,000.00

13.74%

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

10.58%

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

8.24%

7.50%

F

08162TAL7

3.729155%

26,857,000.00

26,857,000.00

0.00

83,461.61

0.00

0.00

83,461.61

26,857,000.00

5.63%

5.13%

G-RR

08162TAP8

4.979155%

11,309,000.00

11,309,000.00

0.00

46,924.39

0.00

0.00

46,924.39

11,309,000.00

4.53%

4.13%

H-RR

08162TAR4

4.979155%

11,308,000.00

11,308,000.00

0.00

46,920.24

0.00

0.00

46,920.24

11,308,000.00

3.43%

3.13%

J-RR*

08162TAT0

4.979155%

35,338,680.00

35,338,679.99

0.00

87,156.65

0.00

0.00

87,156.65

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

4.979155%

37,090,000.17

33,771,079.73

21,351.94

138,175.52

0.00

0.00

159,527.46

33,749,727.79

0.00%

0.00%

Regular SubTotal

 

1,167,914,680.17

1,063,406,298.25

672,344.07

3,877,261.66

0.00

0.00

4,549,605.73

1,062,733,954.18

 

 

 

 

X-A

08162TBC6

0.539719%

884,870,000.00

783,680,538.53

0.00

352,472.47

0.00

0.00

352,472.47

783,029,546.40

 

 

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

1.979155%

56,541,000.00

56,541,000.00

0.00

93,252.86

0.00

0.00

93,252.86

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

971,679,538.53

0.00

473,701.37

0.00

0.00

473,701.37

971,028,546.40

 

 

 

Deal Distribution Total

 

 

 

672,344.07

4,350,963.03

0.00

0.00

5,023,307.10

 

 

 

 

*

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 31

 


 

 

                     

 

 

 

 

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

707.19265468

0.12898203

2.57948519

0.00000000

0.00000000

0.00000000

0.00000000

2.70846721

707.06367266

A-SB

08162TAZ6

476.68494900

17.28617218

1.73831116

0.00000000

0.00000000

0.00000000

0.00000000

19.02448334

459.39877682

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

4.14929618

0.00000000

0.00000000

0.00000000

0.00000000

4.14929618

1,000.00000000

C

08162TBF9

1,000.00000000

0.00000000

4.14929619

0.00000000

0.00000000

0.00000000

0.00000000

4.14929619

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

3.10762967

0.00000000

0.00000000

0.00000000

0.00000000

3.10762967

1,000.00000000

G-RR

08162TAP8

1,000.00000000

0.00000000

4.14929614

0.00000000

0.00000000

0.00000000

0.00000000

4.14929614

1,000.00000000

H-RR

08162TAR4

1,000.00000000

0.00000000

4.14929607

0.00000000

0.00000000

0.00000000

0.00000000

4.14929607

1,000.00000000

J-RR

08162TAT0

999.99999972

0.00000000

2.46632444

1.68297175

25.82205080

0.00000000

0.00000000

2.46632444

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

910.51710906

0.57567916

3.72541168

0.05259342

0.80694823

0.00000000

0.00000000

4.30109084

909.94142991

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

08162TBC6

885.64482752

0.00000000

0.39833249

0.00000000

0.00000000

0.00000000

0.00000000

0.39833249

884.90913513

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

1.64929626

0.00000000

0.00000000

0.00000000

0.00000000

1.64929626

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 31

 


 

 

                         

 

 

 

 

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

546,799.27

0.00

546,799.27

0.00

0.00

0.00

546,799.27

0.00

 

A-SB

05/01/26 - 05/30/26

30

0.00

62,714.79

0.00

62,714.79

0.00

0.00

0.00

62,714.79

0.00

 

A-3

05/01/26 - 05/30/26

30

0.00

717,435.83

0.00

717,435.83

0.00

0.00

0.00

717,435.83

0.00

 

A-4

05/01/26 - 05/30/26

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

05/01/26 - 05/30/26

30

0.00

352,472.47

0.00

352,472.47

0.00

0.00

0.00

352,472.47

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

05/01/26 - 05/30/26

30

0.00

93,252.86

0.00

93,252.86

0.00

0.00

0.00

93,252.86

0.00

 

X-F

05/01/26 - 05/30/26

30

0.00

27,976.04

0.00

27,976.04

0.00

0.00

0.00

27,976.04

0.00

 

A-M

05/01/26 - 05/30/26

30

0.00

368,585.09

0.00

368,585.09

0.00

0.00

0.00

368,585.09

0.00

 

B

05/01/26 - 05/30/26

30

0.00

217,008.19

0.00

217,008.19

0.00

0.00

0.00

217,008.19

0.00

 

C

05/01/26 - 05/30/26

30

0.00

217,012.34

0.00

217,012.34

0.00

0.00

0.00

217,012.34

0.00

 

D

05/01/26 - 05/30/26

30

0.00

81,277.50

0.00

81,277.50

0.00

0.00

0.00

81,277.50

0.00

 

E

05/01/26 - 05/30/26

30

0.00

60,075.00

0.00

60,075.00

0.00

0.00

0.00

60,075.00

0.00

 

F

05/01/26 - 05/30/26

30

0.00

83,461.61

0.00

83,461.61

0.00

0.00

0.00

83,461.61

0.00

 

G-RR

05/01/26 - 05/30/26

30

0.00

46,924.39

0.00

46,924.39

0.00

0.00

0.00

46,924.39

0.00

 

H-RR

05/01/26 - 05/30/26

30

0.00

46,920.24

0.00

46,920.24

0.00

0.00

0.00

46,920.24

0.00

 

J-RR

05/01/26 - 05/30/26

30

853,043.19

146,630.65

0.00

146,630.65

59,474.00

0.00

0.00

87,156.65

912,517.19

 

VRR Interest

05/01/26 - 05/30/26

30

27,979.02

140,126.21

0.00

140,126.21

1,950.69

0.00

0.00

138,175.52

29,929.71

 

Totals

 

 

881,022.21

4,412,387.72

0.00

4,412,387.72

61,424.69

0.00

0.00

4,350,963.03

942,446.90

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 4 of 31

 


 

 

                       

 

 

 

 

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

4.979155%

6,952,747.29

4,916,931.81

896.78

20,401.81

 

0.00

0.00

21,298.59

4,916,035.03

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

4.979155%

1,183,324.92

564,073.18

20,455.16

2,340.51

 

0.00

0.00

22,795.67

543,618.02

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

4.979155%

6,658,211.63

6,658,211.63

0.00

27,626.89

 

0.00

0.00

27,626.89

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

4.979155%

10,504,854.00

10,504,854.00

0.00

43,587.75

 

0.00

0.00

43,587.75

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

4.979155%

3,059,923.83

3,059,923.83

0.00

12,696.53

 

0.00

0.00

12,696.53

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

4.979155%

1,715,391.47

1,715,391.47

0.00

7,117.67

 

0.00

0.00

7,117.67

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

4.979155%

1,715,424.27

1,715,424.27

0.00

7,117.80

 

0.00

0.00

7,117.80

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

4.979155%

1,066,330.63

1,066,330.63

0.00

4,424.52

 

0.00

0.00

4,424.52

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

4.979155%

788,161.70

788,161.70

0.00

3,270.32

 

0.00

0.00

3,270.32

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

4.979155%

880,884.68

880,884.68

0.00

3,655.05

 

0.00

0.00

3,655.05

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

4.979155%

370,924.71

370,924.71

0.00

1,539.08

 

0.00

0.00

1,539.08

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

4.979155%

370,891.91

370,891.91

0.00

1,538.94

 

0.00

0.00

1,538.94

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

4.979155%

1,159,075.91

1,159,075.91

0.00

2,858.66

 

0.00

0.00

2,858.66

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

33,771,079.73

21,351.94

138,175.53

 

0.00

0.00

159,527.47

33,749,727.79

 

 

 

 

 

 

 

 

 

Exchangeable Certificate Detail continued to next page

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

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Page 5 of 31

 


 

 

                         

 

 

 

 

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-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

4.979155%

37,090,000.17

33,771,079.73

21,351.94

138,175.52

0.00

 

0.00

 

159,527.46

33,749,727.79

Exchangeable Certificates Total

 

37,090,000.17

33,771,079.73

21,351.94

138,175.52

0.00

 

0.00

 

159,527.46

33,749,727.79

 

 

 

 

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Page 6 of 31

 


 

 

                     

 

 

 

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

910.51710906

0.57567916

3.72541168

0.05259342

0.80694823

0.00000000

0.00000000

4.30109084

909.94142991

 

 

 

 

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Page 7 of 31

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

5,023,307.10

 

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

 

 

 

 

 

 

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Page 8 of 31

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,427,188.08

Master Servicing Fee

6,578.44

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,854.99

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

457.42

ARD Interest

0.00

Operating Advisor Fee

1,909.45

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

4,427,188.08

Total Fees

14,800.29

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

672,344.07

Reimbursement for Interest on Advances

2,545.93

Unscheduled Principal Collections

 

ASER Amount

27,421.23

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

29,502.25

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)

1,955.28

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

672,344.07

Total Expenses/Reimbursements

61,424.69

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,350,963.03

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

672,344.07

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

5,023,307.10

Total Funds Collected

5,099,532.15

Total Funds Distributed

5,099,532.08

 

 

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Page 9 of 31

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

1,063,406,298.25

1,063,406,298.25

Beginning Certificate Balance

1,063,406,298.25

(-) Scheduled Principal Collections

672,344.07

672,344.07

(-) Principal Distributions

672,344.07

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

0.00

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

0.00

0.00

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

1,062,733,954.18

1,062,733,954.18

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

1,063,584,978.37

1,063,584,978.37

Ending Certificate Balance

1,062,733,954.18

Ending Actual Collateral Balance

1,062,954,979.55

1,062,954,979.55

 

 

 

 

 

 

 

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

4.98%

 

 

 

 

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 31

 


 

 

                             

 

 

 

 

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

24,421,858.05

2.30%

28

5.3150

NAP

Defeased

1

24,421,858.05

2.30%

28

5.3150

NAP

 

7,499,999 or less

12

56,571,173.06

5.32%

28

5.1848

1.742529

1.44 or less

18

334,345,006.64

31.46%

9

5.0760

0.978791

7,500,000 to 14,999,999

8

75,712,512.87

7.12%

28

4.9690

1.414704

1.45 to 1.49

1

3,976,663.38

0.37%

28

5.3000

1.480000

15,000,000 to 24,999,999

10

187,179,467.98

17.61%

23

5.0250

1.982650

1.50 to 1.74

8

274,366,814.61

25.82%

12

4.7513

1.658449

25,000,000 to 49,999,999

12

445,589,148.79

41.93%

16

5.0235

1.524732

1.75 to 1.99

7

85,878,116.38

8.08%

28

5.2525

1.856405

 

50,000,000 or greater

5

273,259,793.43

25.71%

11

4.2619

2.431252

2.00 to 2.49

3

77,429,799.63

7.29%

26

4.4600

2.357748

 

Totals

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

2.50 to 3.49

10

262,315,695.49

24.68%

28

4.5552

3.013237

 

 

 

 

 

 

 

 

3.50 and greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

(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 31

 


 

 

                           

 

 

 

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

24,421,858.05

2.30%

28

5.3150

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

1

24,421,858.05

2.30%

28

5.3150

NAP

Alabama

2

5,196,493.89

0.49%

27

5.1100

1.930000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

63

59,361,369.20

5.59%

17

5.1323

1.194273

Arizona

18

82,608,862.13

7.77%

24

4.9008

1.833726

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

7

182,125,632.54

17.14%

28

5.2073

1.797810

California

9

185,936,932.77

17.50%

28

4.8348

2.008312

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

3

26,621,684.26

2.51%

28

4.9321

1.013131

Colorado

1

50,000,000.00

4.70%

29

4.3500

3.440000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

14

35,017,156.88

3.30%

29

5.0239

2.391565

Connecticut

1

35,804,879.04

3.37%

29

5.0500

1.060000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

102

403,220,058.62

37.94%

3

4.5743

1.825167

Delaware

2

64,120,238.20

6.03%

13

5.1296

1.497908

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

16

302,981,504.52

28.51%

28

4.8194

2.048944

Florida

49

85,661,055.78

8.06%

16

4.6087

2.012865

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

7

25,871,165.84

2.43%

27

5.1303

1.886829

Illinois

3

64,815,000.00

6.10%

(14)

4.7735

1.445462

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

213

1,062,733,954.18

100.00%

18

4.8393

1.834771

Indiana

1

30,910,715.32

2.91%

29

5.6050

0.920000

 

 

 

 

 

 

 

 

Kansas

1

25,000,000.00

2.35%

25

4.7000

1.180000

 

 

 

 

 

 

 

 

Kentucky

1

6,382,569.41

0.60%

28

5.1000

1.290000

 

 

 

 

 

 

 

 

Louisiana

1

8,300,000.00

0.78%

28

5.0800

0.850000

 

 

 

 

 

 

 

 

Maryland

1

13,447,773.78

1.27%

28

4.9550

1.540000

 

 

 

 

 

 

 

 

Massachusetts

1

19,800,000.00

1.86%

28

4.6270

2.660000

 

 

 

 

 

 

 

 

Michigan

12

26,205,839.88

2.47%

29

4.9318

2.723385

 

 

 

 

 

 

 

 

Minnesota

20

9,771,436.66

0.92%

(5)

5.3289

1.497768

 

 

 

 

 

 

 

 

New Jersey

1

26,259,611.87

2.47%

28

5.5920

1.870000

 

 

 

 

 

 

 

 

New York

8

174,209,793.43

16.39%

2

4.3695

1.948016

 

 

 

 

 

 

 

 

North Carolina

3

6,569,902.81

0.62%

28

5.1900

1.760000

 

 

 

 

 

 

 

 

Ohio

2

8,078,178.50

0.76%

28

5.0900

1.390000

 

 

 

 

 

 

 

 

Pennsylvania

71

54,733,937.16

5.15%

10

5.3170

1.482643

 

 

 

 

 

 

 

 

Texas

3

49,051,330.50

4.62%

28

4.9762

1.615381

 

 

 

 

 

 

 

 

Virginia

1

2,334,020.73

0.22%

28

5.3300

1.410000

 

 

 

 

 

 

 

 

Totals

213

1,062,733,954.18

100.00%

18

4.8393

1.834771

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 31

 


 

 

                             

 

 

 

 

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

24,421,858.05

2.30%

28

5.3150

NAP

Defeased

1

24,421,858.05

2.30%

28

5.3150

NAP

 

4.2499% or less

4

213,259,793.43

20.07%

6

4.0902

2.466773

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.2500% to 4.4999%

1

50,000,000.00

4.70%

29

4.3500

3.440000

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

9.71%

1

4.6565

1.222023

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.7500% to 4.9999%

12

198,043,418.19

18.64%

28

4.8572

1.854978

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0000% or greater

26

473,852,884.51

44.59%

21

5.2359

1.538617

49 months or greater

47

1,038,312,096.13

97.70%

18

4.8281

1.849701

 

Totals

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

Totals

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

(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 31

 


 

 

                             

 

 

 

 

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

24,421,858.05

2.30%

28

5.3150

NAP

Defeased

1

24,421,858.05

2.30%

28

5.3150

NAP

 

61 months or less

47

1,038,312,096.13

97.70%

18

4.8281

1.849701

Interest Only

21

627,130,793.43

59.01%

12

4.5887

1.913441

 

62 months or greater

0

0.00

0.00%

0

0.0000

0.000000

299 months or less

26

411,181,302.70

38.69%

26

5.1933

1.752485

 

Totals

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

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

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

(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 31

 


 

 

                         

 

 

 

 

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

24,421,858.05

2.30%

28

5.3150

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

1

3,113,524.28

0.29%

29

4.9670

1.920000

 

 

 

 

 

 

12 months or less

43

978,794,005.24

92.10%

18

4.7952

1.891465

 

 

 

 

 

 

13 months to 24 months

2

25,493,851.29

2.40%

(14)

5.1326

1.364879

 

 

 

 

 

 

25 months or greater

1

30,910,715.32

2.91%

29

5.6050

0.920000

 

 

 

 

 

 

Totals

48

1,062,733,954.18

100.00%

18

4.8393

1.834771

 

 

 

 

 

(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 31

 


 

 

                                 

 

 

 

 

 

 

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

06/06/26

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

06/06/26

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

06/01/26

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

06/06/26

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

06/06/26

6

10196731

1

RT

Newark

DE

Actual/360

5.090%

207,052.61

58,691.77

0.00

N/A

11/01/28

--

47,239,331.42

47,180,639.65

06/01/26

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

06/06/26

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

06/06/26

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

06/01/26

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

06/01/26

12

10196736

1

LO

Philadelphia

PA

Actual/360

5.312%

161,289.00

61,131.03

0.00

N/A

11/06/28

--

35,260,420.44

35,199,289.41

06/06/26

13

10196737

1

IN

Shelton

CT

Actual/360

5.050%

155,927.31

51,927.09

0.00

N/A

11/01/28

--

35,856,806.13

35,804,879.04

06/01/26

14

10196738

1

RT

Canutillo

TX

30/360

5.103%

133,088.17

62,440.12

0.00

N/A

10/06/28

--

31,296,453.62

31,234,013.50

06/06/26

15

10195913

1

RT

Indianapolis

IN

Actual/360

5.605%

149,414.98

46,317.31

0.00

N/A

11/06/28

--

30,957,032.63

30,910,715.32

05/06/26

16

10196739

1

LO

Edgewater

NJ

Actual/360

5.592%

126,659.18

43,692.48

0.00

N/A

10/06/28

--

26,303,304.35

26,259,611.87

06/06/26

17

10196740

1

OF

Irvine

CA

Actual/360

5.315%

111,901.00

27,728.45

0.00

N/A

10/06/28

--

24,449,586.50

24,421,858.05

06/06/26

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

06/01/26

19

10196741

1

LO

Tempe

AZ

Actual/360

5.110%

96,355.75

39,535.35

0.00

N/A

10/06/28

--

21,897,650.72

21,858,115.37

06/06/26

20

10196742

1

LO

Carmel

CA

Actual/360

5.330%

97,805.80

34,243.28

0.00

N/A

10/06/28

--

21,309,742.14

21,275,498.86

06/06/26

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

06/01/26

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

06/01/26

22

10196744

1

LO

Huntington Beach

CA

Actual/360

4.820%

79,343.82

31,089.92

0.00

N/A

11/01/28

--

19,116,433.17

19,085,343.25

06/01/26

23

10196745

1

SS

Various

Various

Actual/360

5.110%

85,054.16

28,007.24

0.00

N/A

09/06/28

--

19,329,270.27

19,301,263.03

06/06/26

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

06/01/26

25

10195607

1

OF

Wilmington

DE

Actual/360

5.240%

76,562.65

28,238.40

0.00

N/A

09/06/23

09/05/26

16,967,836.95

16,939,598.55

05/06/26

26

10196747

1

OF

Novato

CA

Actual/360

5.155%

78,565.73

21,686.62

0.00

N/A

11/06/28

--

17,698,859.82

17,677,173.20

06/06/26

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

06/06/26

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 16 of 31

 


 

 

                                 

 

 

 

 

 

 

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

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

06/01/26

31

10196752

1

LO

Frederick

MD

Actual/360

4.955%

57,464.27

19,976.57

0.00

N/A

10/06/28

--

13,467,750.35

13,447,773.78

06/06/26

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

06/06/26

34

10196755

1

IN

Various

OH

Actual/360

5.090%

35,471.36

14,660.78

0.00

N/A

10/06/28

--

8,092,839.28

8,078,178.50

06/06/26

35

10196756

1

OF

Fresno

CA

Actual/360

4.920%

36,292.84

12,113.98

0.00

N/A

07/06/28

--

8,566,366.72

8,554,252.74

07/06/25

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

06/01/26

37

10196758

1

MF

Essexville

MI

Actual/360

4.849%

32,711.67

14,775.14

0.00

N/A

10/06/28

--

7,834,139.30

7,819,364.16

06/06/26

38

10196759

1

RT

Fort Myers

FL

Actual/360

5.360%

35,892.01

13,370.28

0.00

N/A

11/06/28

--

7,776,313.97

7,762,943.69

06/06/26

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

06/06/26

41

10196762

1

RT

San Diego

CA

Actual/360

5.360%

33,357.22

9,129.55

0.00

N/A

11/06/28

--

7,227,130.89

7,218,001.34

05/06/26

42

10196763

1

SS

Various

NC

Actual/360

5.190%

29,414.38

11,722.62

0.00

N/A

10/06/28

--

6,581,625.42

6,569,902.80

06/06/26

43

10196764

1

RT

Florence

KY

Actual/360

5.100%

28,073.74

9,932.74

0.00

N/A

10/06/28

--

6,392,502.15

6,382,569.41

06/06/26

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

06/06/26

45

10196766

1

MU

Tempe

AZ

Actual/360

4.950%

23,779.90

7,178.76

0.00

N/A

10/06/28

--

5,578,863.02

5,571,684.26

06/06/26

46

10196767

1

IN

Lester Prairie

MN

Actual/360

5.280%

20,852.89

6,850.27

0.00

N/A

11/06/28

--

4,586,411.93

4,579,561.66

06/06/26

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

06/06/26

48

10196769

1

RT

San Marcos

CA

Actual/360

5.300%

18,173.31

5,316.08

0.00

N/A

10/06/28

--

3,981,979.46

3,976,663.38

06/06/26

49

10196770

1

OF

Winter Garden

FL

Actual/360

5.383%

17,170.20

5,248.60

0.00

N/A

10/06/28

--

3,704,176.80

3,698,928.20

06/06/26

50

10196771

1

MF

Marble Falls

TX

Actual/360

5.060%

10,740.12

3,582.99

0.00

N/A

10/06/28

--

2,464,899.99

2,461,317.00

06/06/26

51

10196772

1

RT

Richmond

VA

Actual/360

5.330%

10,729.75

3,756.65

0.00

N/A

10/06/28

--

2,337,777.38

2,334,020.73

06/06/26

Totals

 

 

 

 

 

 

 

4,427,188.08

672,344.07

0.00

 

 

 

1,063,406,298.25

1,062,733,954.18

 

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 31

 


 

 

                           

 

 

 

 

 

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

19,838,345.36

01/01/25

12/31/25

12/11/23

0.00

0.00

0.00

0.00

0.00

0.00

 

2

1

39,787,850.03

39,736,529.02

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

3

1

156,197,196.00

177,456,385.50

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

4

1

10,735,107.09

10,783,601.89

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

5

1

14,161,509.95

13,984,764.82

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

6

1

5,486,015.81

5,367,456.14

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

7

1

4,284,299.03

5,361,567.64

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

8

1

2,549,671.53

2,061,329.15

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

9

1

37,771,404.06

29,458,122.87

01/01/25

12/31/25

04/13/26

6,516,885.84

0.00

0.00

0.00

0.00

0.00

 

10

1

0.00

3,570,150.92

01/01/25

12/31/25

10/14/25

0.00

0.00

184,612.24

2,362,030.02

0.00

0.00

 

11

1

20,981,151.17

29,609,841.29

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

12

1

6,989,735.00

4,859,060.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

13

1

3,559,847.54

2,728,636.59

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

14

1

12,622,552.22

13,049,769.60

01/01/25

12/31/25

--

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

10/14/25

5,624,819.44

27,124.13

168,474.87

168,474.87

0.00

0.00

 

16

1

4,765,352.28

4,150,522.47

01/01/25

12/31/25

--

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

5,026,320.58

5,093,221.58

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

19

1

9,782,815.71

11,484,915.71

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

20

1

6,113,241.18

5,868,683.38

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

21

1

2,212,765.38

2,470,356.45

01/01/25

12/31/25

--

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

3,697,653.17

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

23

1

2,732,692.44

2,663,395.17

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

24

1

2,628,158.61

2,647,602.31

01/01/25

12/31/25

--

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

01/01/26

0.00

0.00

104,746.26

104,746.26

0.00

0.00

 

26

1

1,127,696.77

1,029,309.17

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

28

1

1,754,499.96

422,072.15

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

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Page 18 of 31

 


 

 

                           

 

 

 

 

 

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

30

1

(82,886.69)

(35,292.16)

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

31

1

1,816,516.83

1,638,865.90

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

32

1

628,317.07

448,288.94

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

30,805.53

0.00

 

34

1

1,201,009.10

917,374.22

01/01/25

12/31/25

--

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

99,526.86

48,009.84

432,546.60

5,099.16

0.00

 

36

1

424,520.54

528,167.57

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

37

1

1,353,588.26

1,344,630.90

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

38

1

903,339.89

887,417.80

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

39

1

367,930.76

379,354.34

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

41

1

737,599.36

654,242.82

01/01/25

09/30/25

--

0.00

0.00

41,848.87

41,848.87

0.00

0.00

 

42

1

981,309.77

879,046.02

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

43

1

615,872.50

615,070.32

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

44

1

455,514.97

475,811.30

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

45

1

789,135.13

847,192.06

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

46

1

614,739.42

636,102.12

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

47

1

686,035.06

691,791.76

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

48

1

306,227.16

329,740.48

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

49

1

615,912.91

376,665.53

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

50

1

271,760.31

278,203.07

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

51

1

246,399.96

246,399.96

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

398,389,168.30

414,064,022.67

 

 

 

14,317,783.28

126,650.99

547,692.08

3,109,646.62

35,904.69

0.00

 

 

 

 

 

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Page 19 of 31

 


 

 

           

 

 

 

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 20 of 31

 


 

 

                                       

 

 

 

 

 

 

 

 

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

0

0.00

0

0.00

1

8,554,252.74

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.839317%

4.823140%

18

05/15/26

0

0.00

0

0.00

1

8,566,366.72

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.839545%

4.823367%

19

04/17/26

0

0.00

0

0.00

1

8,579,597.19

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.839792%

4.823613%

20

03/17/26

0

0.00

0

0.00

1

8,591,604.25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.840018%

4.823837%

21

02/18/26

0

0.00

0

0.00

1

8,607,074.66

0

0.00

0

0.00

1

17,061,651.15

0

0.00

1

18,000,000.00

4.840305%

4.824122%

22

01/16/26

1

18,000,000.00

0

0.00

1

8,618,965.79

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.857334%

4.841216%

23

12/17/25

0

0.00

0

0.00

1

8,630,806.76

0

0.00

0

0.00

0

0.00

1

6,612.81

0

0.00

4.857542%

4.841422%

24

11/18/25

1

7,286,345.09

0

0.00

1

8,643,774.11

0

0.00

0

0.00

0

0.00

1

10,327.15

0

0.00

4.857770%

4.841648%

25

10/20/25

0

0.00

0

0.00

2

39,955,869.58

0

0.00

0

0.00

1

35,706,219.28

0

0.00

0

0.00

4.858213%

4.842093%

26

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

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 31

 


 

 

                               

 

 

 

 

 

 

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

12

5

 

184,612.24

2,362,030.02

0.00

40,000,000.00

11/13/24

2

 

 

 

 

15

10195913

05/06/26

0

B

 

168,474.87

168,474.87

11,544.90

30,957,032.63

08/09/23

2

 

 

 

 

25

10195607

05/06/26

0

B

 

104,746.26

104,746.26

0.00

16,967,836.95

08/07/25

8

 

 

 

 

35

10196756

07/06/25

10

6

 

48,009.84

432,546.60

371,984.72

8,691,592.84

01/17/25

2

 

 

 

 

41

10196762

05/06/26

0

B

 

41,848.87

41,848.87

0.00

7,227,130.89

 

 

 

 

 

 

Totals

 

 

 

 

 

547,692.08

3,109,646.62

383,529.62

103,843,593.31

 

 

 

 

 

 

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 31

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

       Total

       Performing

Non-Performing

                REO/Foreclosure

 

 

Past Maturity

 

40,000,000

0

    40,000,000

0

 

0 - 6 Months

 

132,799,392

132,799,392

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

40,000,000

40,000,000

0

 

 

0

 

25 - 36 Months

849,934,562

841,380,309

       8,554,253

 

0

 

37 - 48 Months

0

0

0

 

 

0

 

49 - 60 Months

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

      30-59 Days

60-89 Days

         90+ Days

       REO/Foreclosure

 

 

Jun-26

1,062,733,954

1,014,179,701

0

0

 

48,554,253

0

 

May-26

1,063,406,298

1,014,839,932

0

0

 

48,566,367

0

 

Apr-26

1,064,134,499

1,015,554,902

0

0

 

48,579,597

0

 

Mar-26

1,064,800,573

1,016,208,968

0

0

 

48,591,604

0

 

Feb-26

1,065,640,866

1,017,033,791

0

0

 

48,607,075

0

 

Jan-26

1,084,300,191

1,017,681,225

18,000,000

0

 

48,618,966

0

 

Dec-25

1,084,956,565

1,036,325,758

0

0

 

48,630,807

0

 

Nov-25

1,085,675,920

1,029,745,801

7,286,345

0

 

48,643,774

0

 

Oct-25

1,087,006,996

989,189,570

0

0

 

97,817,425

0

 

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

 

(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 31

 


 

 

                     

 

 

 

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

10196718

72,859,793.43

72,859,793.43

226,300,000.00

07/18/24

19,838,345.36

1.82000

--

09/06/23

I/O

9

10191204

43,000,000.00

43,000,000.00

414,000,000.00

05/31/23

29,458,122.87

1.19000

--

07/01/23

I/O

10

10192528

40,000,000.00

40,000,000.00

 

--

3,570,150.92

1.39000

--

07/01/23

I/O

15

10195913

30,910,715.32

30,957,032.63

28,200,000.00

08/12/25

1,431,462.58

1.04000

--

11/06/28

268

25

10195607

16,939,598.55

16,967,836.95

42,550,000.00

09/22/25

2,554,494.22

1.32000

--

09/06/23

268

35

10196756

8,554,252.74

8,691,592.84

8,050,000.00

09/01/25

545,700.57

1.88000

--

07/06/28

268

Totals

 

212,264,360.04

212,476,255.85

719,100,000.00

 

57,398,276.52

 

 

 

 

 

 

 

 

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Page 24 of 31

 


 

 

             

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

Servicing

 

 

 

 

Property

 

Transfer

Resolution

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

Special Servicing Comments

1

10196718

OF

NY

02/10/26

13

 

"

6/11/2026 DUMBO Heights Whole Loan is secured by 4 office buildings in Brooklyn, NY totaling 753,074 SF. Borrower sent a hardship letter stating due to the commencement of the Extension Free Rent Period as defined in the Etsy Lease

on 8/1/26, pro perty will not generate adequate cashflow to make scheduled Debt Service payments from and after 8/1/26 and requested the transfer to special servicing. The Borrower is current on its debt service payments. Borrower has

executed a PNA and made an initial extension proposal. Lender is conducting due diligence and evaluating a counter proposal.

"

 

 

 

 

 

 

 

9

10191204

OF

IL

02/12/26

98

 

"

2/12/2026 This loan was transferred to SS on 2/12/2026. The borrower did not submit the $2,500,000.00 “Month 30 New Lease Reserve Deposit” to the Master Servicer. Borrower failed to satisfy Lender’s conditions to approval, causing an

Event of De fault.

 

 

 

 

"

 

 

 

 

 

 

 

10

10192528

Various

Various

11/13/24

2

 

"

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 no t 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 Tenan t or its 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 /30/2024 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 decrea se in base 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 inc rease. 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 (1 2/31/2023) 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], mainly

 

 

15

10195913

RT

IN

08/09/23

2

 

"

6/11/2026 The Loan transferred to SS on 8/9/2023 for imminent default due to cash flow issues. 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). Foreclosure has been filed and a

receiver has been appointe d. Reciever is addressing capex and leasing matters. Lender will dual track foreclosure while evaluating alternative workout options, which includes a receivership sale and assumption.

"

 

 

 

 

 

 

 

25

10195607

OF

DE

08/07/25

8

 

"

6/11/2026 SS transfer date was 8/7/2025. The Loan is paid current. The Loan transferred to SS due to an imminent monetary default. The Loan is collateralized by Concord Plaza, a 12-building Class B office portfolio totaling 358,176

square feet a nd located at3511 Silverside Road in Wilmington, DE. The Borrower reported that they were not able to secure refinancing of the Loan prior to maturity. A Loan Extension and Modification was fully executed with Borrower extending

the Maturity Date to Sept ember 2027. The Loan was returned to the master servicer in May 2026. The Lender executed a loan modification extending the maturity date by one year to September 6, 2026. The Borrower also retains a one-year

extension option, subject to achieving a 1.2 5x DSCR and satisfying other customary Lender conditions.

 

"

 

 

 

 

 

 

 

35

10196756

OF

CA

01/17/25

2

 

"

6/15/2026 Loan transferred on 1/17/25 for Imminent Default due to cash flow issues. Collateral consists of a single-story office development (""Property"") located in Fresno, CA. Built in 1975 and renovated in 2018, Property consists of

71,407 NRS F across three buildings occupied by two State of California agencies: 1) California Department of Justice (35,400 SF); 2) California State Water Resources Control Board (20,783 SF). Loan is due for the 8/6/25 payment. Notice of

Default was sent on 2/10/2 5. Local counsel was retained to file for foreclosure and receivership. Receiver (Dana Butcher Associates) was appointed on 4/24/25. Notice of Default was recorded on 7/23/25. The foreclosure process has been

delayed due to ongoing litigation involving th e guarantor and a judgment creditor. The foreclosure sale has been rescheduled to 6/23/26. Lender is planning to take title at the upcoming foreclosure sale.

 

 

 

"

 

 

 

 

 

 

 

 

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Page 25 of 31

 


 

 

           

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 26 of 31

 


 

 

                     

 

 

 

 

 

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

9

10191204

1

0.00

4.62740%

0.00

4.62740%

1

09/01/23

08/07/23

08/07/23

10

10192528

1

0.00

5.37200%

0.00

5.37200%

1

07/01/23

07/01/23

07/01/23

12

10196736

1

0.00

5.31200%

0.00

5.31200%

8

09/25/25

09/25/25

10/01/25

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

25

10195607

1

0.00

5.24000%

0.00

5.24000%

1

01/27/26

01/27/26

01/27/26

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

36

10196757

1

0.00

4.79200%

0.00

4.79200%

8

04/11/22

03/01/22

03/01/22

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 27 of 31

 


 

 

                           

 

 

 

 

 

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

27

10196748

02/18/26

18,000,000.00

166,800,000.00

18,603,988.64

603,988.64

18,603,988.64

18,000,000.00

0.00

0.00

0.00

0.00

0.00%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

18,000,000.00

166,800,000.00

18,603,988.64

603,988.64

18,603,988.64

18,000,000.00

0.00

0.00

0.00

0.00

 

 

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

 

 

 

 

 

 

 

 

 

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Page 28 of 31

 


 

 

                       

 

 

 

 

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

27

10196748

02/18/26

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Cumulative Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

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Page 29 of 31

 


 

 

                         

 

 

 

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

15,685.09

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

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

6,664.36

0.00

0.00

27,124.13

0.00

0.00

0.00

0.00

0.00

0.00

25

0.00

0.00

3,652.80

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

297.10

0.00

0.00

2,373.22

0.00

0.00

0.00

41

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

172.71

0.00

0.00

0.00

Total

0.00

0.00

29,502.25

0.00

1,955.28

27,421.23

0.00

0.00

2,545.93

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

61,424.69

 

 

 

 

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Page 30 of 31

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 31 of 31