Distribution Date:

07/17/26

Wells Fargo Commercial Mortgage Trust 2016-C37

Determination Date:

07/13/26

 

Next Distribution Date:

08/17/26

 

Record Date:

06/30/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2016-C37

 

           

Table of Contents

 

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2-3

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

 

Certificate Factor Detail

4

 

Attention: A.J. Sfarra

 

cmbsnotices@wellsfargo.com

 

Certificate Interest Reconciliation Detail

5

 

30 Hudson Yards, 15th Floor | New York, NY 10001 | United States

 

 

 

Master Servicer

Trimont LLC

 

 

Additional Information

6

 

 

 

 

 

 

 

Attention: CMBS Servicing

 

commercial.servicing@trimont.com

Bond / Collateral Reconciliation - Cash Flows

7

 

 

 

 

 

 

 

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

 

 

Bond / Collateral Reconciliation - Balances

8

Special Servicer

LNR Partners, LLC

 

 

 

Current Mortgage Loan and Property Stratification

9-13

 

Heather Bennett and Arne Shulkin

 

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

Mortgage Loan Detail (Part 1)

14-16

 

 

 

lnr.cmbs.notices@lnrproperty.com

 

 

 

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

 

Mortgage Loan Detail (Part 2)

17-19

 

 

 

 

 

 

Operating Trust Advisor

BellOak, LLC

 

 

Principal Prepayment Detail

20

 

 

 

 

 

 

 

Attention: Reporting

 

Reporting@belloakadvisors.com

 

Historical Detail

21

 

200 N. Pacific Coast Highway, Suite 1400 | El Segundo, CA 90245 | United States

 

 

Delinquency Loan Detail

22

Asset Representations

BellOak, LLC

 

 

 

Collateral Stratification and Historical Detail

23

Reviewer

 

 

 

 

 

 

Attention: Reporting

 

Reporting@belloakadvisors.com

Specially Serviced Loan Detail - Part 1

24

 

 

 

 

 

 

 

200 N. Pacific Coast Highway, Suite 1400 | El Segundo, CA 90245 | United States

 

Specially Serviced Loan Detail - Part 2

25-27

 

 

 

 

 

 

Certificate Administrator

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

 

Modified Loan Detail

28

 

Bank, N.A.

 

 

 

Historical Liquidated Loan Detail

29

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

 

 

 

 

 

trustadministrationgroup@computershare.com

Historical Bond / Collateral Loss Reconciliation Detail

30

 

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

 

 

Interest Shortfall Detail - Collateral Level

31

Trustee

Wilmington Trust, National Association

 

 

 

Supplemental Notes

32

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

 

 

 

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

 

 

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.

   

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Page 1 of 32

 


 

 

                         

 

 

 

 

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

95000PAA2

1.944000%

35,482,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

95000PAB0

3.103000%

105,724,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-3

95000PAC8

3.704000%

28,449,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-4

95000PAD6

3.525000%

120,000,000.00

76,625,117.56

6,222,532.00

225,086.28

0.00

0.00

6,447,618.28

70,402,585.56

46.55%

30.00%

A-5

95000PAE4

3.794000%

188,138,000.00

188,138,000.00

0.00

594,829.64

0.00

0.00

594,829.64

188,138,000.00

46.55%

30.00%

A-SB

95000PAF1

3.615000%

47,561,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-S

95000PAG9

3.996786%

58,165,000.00

58,165,000.00

0.00

193,727.53

0.00

0.00

193,727.53

58,165,000.00

34.52%

22.25%

B

95000PAK0

4.298786%

38,463,000.00

38,463,000.00

0.00

137,786.83

0.00

0.00

137,786.83

38,463,000.00

26.57%

17.13%

C

95000PAL8

4.473786%

34,711,000.00

34,711,000.00

0.00

129,407.98

0.00

0.00

129,407.98

34,711,000.00

19.40%

12.50%

D

95000PAX2

3.173786%

37,525,000.00

37,525,000.00

0.00

99,246.92

0.00

0.00

99,246.92

37,525,000.00

11.64%

7.50%

E

95000PAZ7

2.873786%

10,320,000.00

10,320,000.00

0.00

25,599.42

0.00

0.00

25,599.42

10,320,000.00

9.50%

6.13%

F

95000PBB9

2.873786%

7,505,000.00

7,505,000.00

0.00

0.00

0.00

0.00

0.00

7,505,000.00

7.95%

5.13%

G

95000PBD5

2.873786%

8,443,000.00

8,443,000.00

0.00

0.00

0.00

0.00

0.00

8,443,000.00

6.21%

4.00%

H*

95000PBF0

2.873786%

7,505,000.00

7,505,000.00

0.00

0.00

0.00

0.00

0.00

7,505,000.00

4.65%

3.00%

J

95000PBH6

2.873786%

22,515,779.00

22,515,779.00

0.00

0.00

0.00

0.00

0.00

22,515,779.00

0.00%

0.00%

V

95000PBK9

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

95000PBM5

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

 

750,506,779.02

489,915,896.56

6,222,532.00

1,405,684.60

0.00

0.00

7,628,216.60

483,693,364.56

 

 

 

 

X-A

95000PAH7

0.757637%

525,354,000.00

264,763,117.56

0.00

167,161.95

0.00

0.00

167,161.95

258,540,585.56

 

 

X-B

95000PAJ3

0.356788%

96,628,000.00

96,628,000.00

0.00

28,729.77

0.00

0.00

28,729.77

96,628,000.00

 

 

X-D

95000PAM6

1.300000%

37,525,000.00

37,525,000.00

0.00

40,652.08

0.00

0.00

40,652.08

37,525,000.00

 

 

X-EF

95000PAP9

1.600000%

17,825,000.00

17,825,000.00

0.00

23,766.67

0.00

0.00

23,766.67

17,825,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

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Page 2 of 32

 


 

 

                       

 

 

 

 

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

 

X-G

95000PAR5

1.600000%

8,443,000.00

8,443,000.00

0.00

11,257.33

0.00

0.00

11,257.33

8,443,000.00

 

X-H

95000PAT1

1.600000%

7,505,000.00

7,505,000.00

0.00

10,006.67

0.00

0.00

10,006.67

7,505,000.00

 

X-J

95000PAV6

1.600000%

22,515,779.00

22,515,779.00

0.00

30,021.04

0.00

0.00

30,021.04

22,515,779.00

 

Notional SubTotal

 

715,795,779.00

455,204,896.56

0.00

311,595.51

0.00

0.00

311,595.51

448,982,364.56

 

 

Deal Distribution Total

 

 

 

6,222,532.00

1,717,280.11

0.00

0.00

7,939,812.11

 

 

 

*

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.

 

 

 

 

 

 

 

 

 

 

 

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Page 3 of 32

 


 

 

                     

 

 

 

 

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

95000PAA2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

95000PAB0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

95000PAC8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-4

95000PAD6

638.54264633

51.85443333

1.87571900

0.00000000

0.00000000

0.00000000

0.00000000

53.73015233

586.68821300

A-5

95000PAE4

1,000.00000000

0.00000000

3.16166665

0.00000000

0.00000000

0.00000000

0.00000000

3.16166665

1,000.00000000

A-SB

95000PAF1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S

95000PAG9

1,000.00000000

0.00000000

3.33065469

0.00000000

0.00000000

0.00000000

0.00000000

3.33065469

1,000.00000000

B

95000PAK0

1,000.00000000

0.00000000

3.58232145

0.00000000

0.00000000

0.00000000

0.00000000

3.58232145

1,000.00000000

C

95000PAL8

1,000.00000000

0.00000000

3.72815476

0.00000000

0.00000000

0.00000000

0.00000000

3.72815476

1,000.00000000

D

95000PAX2

1,000.00000000

0.00000000

2.64482132

0.00000000

0.00000000

0.00000000

0.00000000

2.64482132

1,000.00000000

E

95000PAZ7

1,000.00000000

0.00000000

2.48056395

(0.08574225)

15.68510271

0.00000000

0.00000000

2.48056395

1,000.00000000

F

95000PBB9

1,000.00000000

0.00000000

0.00000000

2.39482079

29.78954430

0.00000000

0.00000000

0.00000000

1,000.00000000

G

95000PBD5

1,000.00000000

0.00000000

0.00000000

2.39482175

29.78954519

0.00000000

0.00000000

0.00000000

1,000.00000000

H

95000PBF0

1,000.00000000

0.00000000

0.00000000

2.39482079

29.78954430

0.00000000

0.00000000

0.00000000

1,000.00000000

J

95000PBH6

1,000.00000000

0.00000000

0.00000000

2.39482143

45.92211089

0.00000000

0.00000000

0.00000000

1,000.00000000

V

95000PBK9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

95000PBM5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

95000PAH7

503.97087975

0.00000000

0.31818916

0.00000000

0.00000000

0.00000000

0.00000000

0.31818916

492.12642439

X-B

95000PAJ3

1,000.00000000

0.00000000

0.29732345

0.00000000

0.00000000

0.00000000

0.00000000

0.29732345

1,000.00000000

X-D

95000PAM6

1,000.00000000

0.00000000

1.08333324

0.00000000

0.00000000

0.00000000

0.00000000

1.08333324

1,000.00000000

X-EF

95000PAP9

1,000.00000000

0.00000000

1.33333352

0.00000000

0.00000000

0.00000000

0.00000000

1.33333352

1,000.00000000

X-G

95000PAR5

1,000.00000000

0.00000000

1.33333294

0.00000000

0.00000000

0.00000000

0.00000000

1.33333294

1,000.00000000

X-H

95000PAT1

1,000.00000000

0.00000000

1.33333378

0.00000000

0.00000000

0.00000000

0.00000000

1.33333378

1,000.00000000

X-J

95000PAV6

1,000.00000000

0.00000000

1.33333339

0.00000000

0.00000000

0.00000000

0.00000000

1.33333339

1,000.00000000

 

 

 

 

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Page 4 of 32

 


 

 

                         

 

 

 

 

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

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-3

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-4

06/01/26 - 06/30/26

30

0.00

225,086.28

0.00

225,086.28

0.00

0.00

0.00

225,086.28

0.00

 

A-5

06/01/26 - 06/30/26

30

0.00

594,829.64

0.00

594,829.64

0.00

0.00

0.00

594,829.64

0.00

 

A-SB

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

X-A

06/01/26 - 06/30/26

30

0.00

167,161.95

0.00

167,161.95

0.00

0.00

0.00

167,161.95

0.00

 

X-B

06/01/26 - 06/30/26

30

0.00

28,729.77

0.00

28,729.77

0.00

0.00

0.00

28,729.77

0.00

 

X-D

06/01/26 - 06/30/26

30

0.00

40,652.08

0.00

40,652.08

0.00

0.00

0.00

40,652.08

0.00

 

X-EF

06/01/26 - 06/30/26

30

0.00

23,766.67

0.00

23,766.67

0.00

0.00

0.00

23,766.67

0.00

 

X-G

06/01/26 - 06/30/26

30

0.00

11,257.33

0.00

11,257.33

0.00

0.00

0.00

11,257.33

0.00

 

X-H

06/01/26 - 06/30/26

30

0.00

10,006.67

0.00

10,006.67

0.00

0.00

0.00

10,006.67

0.00

 

X-J

06/01/26 - 06/30/26

30

0.00

30,021.04

0.00

30,021.04

0.00

0.00

0.00

30,021.04

0.00

 

A-S

06/01/26 - 06/30/26

30

0.00

193,727.53

0.00

193,727.53

0.00

0.00

0.00

193,727.53

0.00

 

B

06/01/26 - 06/30/26

30

0.00

137,786.83

0.00

137,786.83

0.00

0.00

0.00

137,786.83

0.00

 

C

06/01/26 - 06/30/26

30

0.00

129,407.98

0.00

129,407.98

0.00

0.00

0.00

129,407.98

0.00

 

D

06/01/26 - 06/30/26

30

0.00

99,246.92

0.00

99,246.92

0.00

0.00

0.00

99,246.92

0.00

 

E

06/01/26 - 06/30/26

30

162,366.28

24,714.56

0.00

24,714.56

(884.86)

0.00

0.00

25,599.42

161,870.26

 

F

06/01/26 - 06/30/26

30

205,106.20

17,973.13

0.00

17,973.13

17,973.13

0.00

0.00

0.00

223,570.53

 

G

06/01/26 - 06/30/26

30

230,741.07

20,219.48

0.00

20,219.48

20,219.48

0.00

0.00

0.00

251,513.13

 

H

06/01/26 - 06/30/26

30

205,106.20

17,973.13

0.00

17,973.13

17,973.13

0.00

0.00

0.00

223,570.53

 

J

06/01/26 - 06/30/26

30

977,709.39

53,921.27

0.00

53,921.27

53,921.27

0.00

0.00

0.00

1,033,972.10

 

Totals

 

 

1,781,029.14

1,826,482.26

0.00

1,826,482.26

109,202.15

0.00

0.00

1,717,280.11

1,894,496.55

 

 

 

 

 

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Page 5 of 32

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

7,939,812.11

 

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

 

 

 

 

 

 

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Page 6 of 32

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

1,833,434.22

Master Servicing Fee

2,400.94

Interest Reductions due to Nonrecoverability Determination

(102,725.00)

Certificate Administrator Fee

2,976.11

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

204.13

ARD Interest

0.00

Operating Advisor Fee

812.88

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

142.89

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

1,730,709.22

Total Fees

6,826.96

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

869,158.41

Reimbursement for Interest on Advances

0.56

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

5,353,373.59

Special Servicing Fees (Monthly)

6,250.00

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)

351.60

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

6,222,532.00

Total Expenses/Reimbursements

6,602.16

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificate holders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

1,717,280.11

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

6,222,532.00

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

7,939,812.11

Total Funds Collected

7,953,241.22

Total Funds Distributed

7,953,241.23

 

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Page 7 of 32

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

     Total

 

     Total

Beginning Scheduled Collateral Balance

489,915,897.27

489,915,897.27

Beginning Certificate Balance

489,915,896.56

(-) Scheduled Principal Collections

869,158.41

869,158.41

(-) Principal Distributions

6,222,532.00

(-) Unscheduled Principal Collections

5,353,373.59

5,353,373.59

(-) 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

483,693,365.27

483,693,365.27

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

489,915,897.32

489,915,897.32

Ending Certificate Balance

483,693,364.56

Ending Actual Collateral Balance

483,693,365.32

483,693,365.32

 

 

 

 

 

 

 

             NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

           Non-Recoverable Advances (NRA) from

    Workout Delayed Reimbursement of Advances

 

 

 

 

                       Principal

        (WODRA) from Principal

Beginning UC / (OC)

(0.71)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.71)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.47%

 

 

 

 

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 8 of 32

 


 

 

                             

 

 

 

 

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

15

116,888,131.67

24.17%

4

4.8663

NAP

Defeased

15

116,888,131.67

24.17%

4

4.8663

NAP

 

2,000,000 or less

3

4,584,735.71

0.95%

5

5.1281

3.213901

1.30 or less

5

56,028,448.09

11.58%

2

4.3534

0.065371

2,000,001 to 3,000,000

11

28,417,868.47

5.88%

4

4.7391

2.107768

1.31 to 1.40

3

18,126,720.53

3.75%

4

4.4408

1.375133

3,000,001 to 4,000,000

2

7,149,051.67

1.48%

4

4.3461

1.742026

1.41 to 1.50

4

33,223,726.56

6.87%

5

4.7133

1.451015

4,000,001 to 5,000,000

2

8,703,977.95

1.80%

4

4.1498

1.728892

1.51 to 1.75

4

43,071,039.72

8.90%

3

4.5314

1.575276

5,000,001 to 6,000,000

3

16,063,415.54

3.32%

5

4.7411

1.344309

1.76 to 2.00

4

13,033,468.88

2.69%

4

5.0130

1.906397

6,000,001 to 7,000,000

3

19,317,889.63

3.99%

5

5.1956

1.856500

2.01 to 2.25

6

35,333,832.10

7.31%

5

4.6585

2.077296

7,000,001 to 8,000,000

1

7,207,675.56

1.49%

4

4.2691

2.019300

2.26 to 2.50

5

56,535,697.80

11.69%

4

4.4166

2.333529

8,000,001 to 9,000,000

2

17,463,952.17

3.61%

5

4.8769

3.291341

2.51 to 2.75

2

23,283,847.98

4.81%

4

4.8433

2.579516

9,000,001 to 10,000,000

2

19,111,131.87

3.95%

4

4.3302

2.713503

3.76 to 3.00

2

3,770,620.91

0.78%

4

4.4362

2.899702

10,000,001 to 15,000,000

5

64,782,820.77

13.39%

5

4.6317

1.741235

3.01 or greater

6

84,397,831.03

17.45%

4

3.7435

4.242409

15,000,001 to 20,000,000

2

34,109,933.03

7.05%

3

4.2959

1.553694

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

20,000,001 to 30,000,000

4

103,517,781.23

21.40%

3

4.3023

1.979451

 

 

 

 

 

 

 

30,000,001 to 50,000,000

1

36,375,000.00

7.52%

4

2.9882

4.114700

 

 

 

 

 

 

 

 

50,000,001 or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

 

 

 

 

 

 

 

(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 9 of 32

 


 

 

                           

 

 

 

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

33

116,888,131.67

24.17%

4

4.8663

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

33

116,888,131.67

24.17%

4

4.8663

NAP

Arizona

3

2,071,078.77

0.43%

2

4.1140

1.585100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

4

9,352,425.38

1.93%

4

4.3940

4.111300

California

10

50,129,281.94

10.36%

4

4.3805

2.039594

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

9

111,682,183.32

23.09%

4

4.6268

2.682888

Connecticut

4

2,275,783.62

0.47%

2

4.1140

1.585100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

1

3,221,274.16

0.67%

4

4.4400

2.117000

Florida

5

6,721,978.88

1.39%

3

4.5405

2.633650

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

23

27,537,265.18

5.69%

3

4.3319

2.029209

Georgia

2

5,193,670.55

1.07%

5

5.3428

2.177850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

11

59,481,200.21

12.30%

4

4.3932

1.917660

Hawaii

2

52,500,000.00

10.85%

4

4.1995

3.411550

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

3

61,633,645.78

12.74%

2

4.3184

0.274356

Maryland

3

3,073,749.70

0.64%

2

4.1140

1.585100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

11

89,335,584.04

18.47%

4

4.0168

2.977188

Massachusetts

1

13,890,138.22

2.87%

5

4.7400

1.439400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

2

4,561,655.53

0.94%

5

5.1547

1.346392

Michigan

10

22,605,781.61

4.67%

4

4.5682

1.850867

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

97

483,693,365.27

100.00%

4

4.4864

2.039529

Minnesota

1

1,081,278.25

0.22%

2

4.1140

1.585100

 

 

 

 

 

 

 

 

Mississippi

1

2,203,988.14

0.46%

5

5.3900

1.736600

 

 

 

 

 

 

 

 

Nevada

3

37,984,161.85

7.85%

4

4.5822

2.519022

 

 

 

 

 

 

 

 

New Jersey

1

18,469,928.18

3.82%

3

4.4500

1.527100

 

 

 

 

 

 

 

 

New York

3

45,343,868.00

9.37%

2

4.5208

0.122206

 

 

 

 

 

 

 

 

North Carolina

4

26,476,899.06

5.47%

5

4.9027

1.908641

 

 

 

 

 

 

 

 

Ohio

1

394,910.12

0.08%

2

4.1140

1.585100

 

 

 

 

 

 

 

 

Pennsylvania

2

18,616,267.12

3.85%

5

4.6781

1.320731

 

 

 

 

 

 

 

 

Texas

4

13,327,139.24

2.76%

4

4.7302

1.975929

 

 

 

 

 

 

 

 

Virginia

4

44,445,330.34

9.19%

4

3.2435

4.114083

 

 

 

 

 

 

 

 

Totals

97

483,693,365.27

100.00%

4

4.4864

2.039529

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 32

 


 

 

                             

 

 

 

 

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

15

116,888,131.67

24.17%

4

4.8663

NAP

Defeased

15

116,888,131.67

24.17%

4

4.8663

NAP

 

3.000% or less

1

36,375,000.00

7.52%

4

2.9882

4.114700

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

3.001% to 3.750%

0

0.00

0.00%

0

0.0000

0.000000

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

3.751% to 4.250%

5

102,146,845.71

21.12%

2

4.1524

1.813154

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.251% to 4.500%

14

92,689,895.64

19.16%

4

4.3389

2.294606

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.501% to 4.750%

7

54,540,361.86

11.28%

5

4.6932

1.602127

49 months or greater

41

366,805,233.60

75.83%

4

4.3654

2.191530

 

4.751% to 5.000%

6

47,808,536.67

9.88%

4

4.8487

2.118190

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

 

5.001% to 5.250%

2

4,561,655.53

0.94%

5

5.1547

1.346392

 

 

 

 

 

 

 

 

5.251% to 5.500%

5

25,755,334.39

5.32%

5

5.3711

2.181093

 

 

 

 

 

 

 

 

5.501% or greater

1

2,927,603.80

0.61%

5

5.6700

1.821600

 

 

 

 

 

 

 

 

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

 

 

 

 

 

 

 

(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 32

 


 

 

                             

 

 

 

 

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

15

116,888,131.67

24.17%

4

4.8663

NAP

Defeased

15

116,888,131.67

24.17%

4

4.8663

NAP

 

60 months or less

41

366,805,233.60

75.83%

4

4.3654

2.191530

Interest Only

5

127,375,000.00

26.33%

3

3.8456

2.645604

61 months to 84 months

0

0.00

0.00%

0

0.0000

0.000000

240 months or less

7

30,555,986.57

6.32%

5

4.8111

1.713388

 

85 months or greater

0

0.00

0.00%

0

0.0000

0.000000

241 months to 300 months

29

208,874,247.03

43.18%

4

4.6172

1.984574

 

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

301 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

(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 32

 


 

 

                         

 

 

 

 

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

15

116,888,131.67

24.17%

4

4.8663

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

1

26,250,000.00

5.43%

4

4.1995

4.470000

 

 

 

 

 

 

12 months or less

40

340,555,233.60

70.41%

4

4.3782

2.015905

 

 

 

 

 

 

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

56

483,693,365.27

100.00%

4

4.4864

2.039529

 

 

 

 

 

(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 13 of 32

 


 

 

                               

 

 

 

 

 

 

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

306931010

LO

Honolulu

HI

Actual/360

4.199%

91,864.06

0.00

0.00

N/A

11/01/26

--

26,250,000.00

26,250,000.00

07/01/26

1A

306931011

LO

Honolulu

HI

Actual/360

4.199%

91,864.06

0.00

0.00

N/A

11/01/26

--

26,250,000.00

26,250,000.00

07/01/26

4

883100619

RT

Woodbridge

VA

Actual/360

2.988%

90,580.21

0.00

0.00

N/A

11/01/26

--

36,375,000.00

36,375,000.00

07/01/26

6

28000906

OF

New York

NY

Actual/360

4.109%

0.00

0.00

0.00

N/A

07/06/26

--

30,000,000.00

30,000,000.00

03/06/25

7

883100641

MF

Las Vegas

NV

Actual/360

4.269%

51,701.97

36,555.54

0.00

N/A

11/06/26

--

14,532,890.21

14,496,334.67

07/06/26

8

883100636

MF

Los Angeles

CA

Actual/360

4.269%

25,706.57

18,175.65

0.00

N/A

11/06/26

--

7,225,851.21

7,207,675.56

07/06/26

9

883100651

LO

Las Vegas

NV

Actual/360

4.835%

84,882.84

49,315.13

0.00

N/A

11/06/26

--

21,067,096.36

21,017,781.23

07/06/26

11

883100663

IN

Various

Various

Actual/360

4.763%

37,892.22

16,793.55

0.00

N/A

12/06/26

--

9,546,643.24

9,529,849.69

07/06/26

11A

307170663

 

 

 

Actual/360

4.763%

18,668.91

8,130.46

0.00

N/A

12/06/26

--

4,703,482.69

4,695,352.23

07/06/26

11B

307171663

 

 

 

Actual/360

4.763%

16,305.85

5,503.04

0.00

N/A

12/06/26

--

4,108,129.04

4,102,626.00

07/06/26

11C

307172663

 

 

 

Actual/360

4.763%

12,205.76

5,181.82

0.00

N/A

12/06/26

--

3,075,143.39

3,069,961.57

07/06/26

12

300571630

MF

Houston

TX

Actual/360

4.980%

83,148.28

39,504.11

0.00

N/A

12/06/26

09/06/26

20,035,729.89

19,996,225.78

07/06/26

13

28000964

OF

Newark

NJ

Actual/360

4.450%

68,630.42

37,150.52

0.00

N/A

10/06/26

--

18,507,078.70

18,469,928.18

07/06/26

14

28200945

MH

Various

Various

Actual/360

4.114%

53,735.73

34,005.76

0.00

N/A

09/06/26

--

15,674,010.61

15,640,004.85

07/06/26

15

301741164

MF

Various

GA

Actual/360

4.182%

49,497.73

35,896.52

0.00

N/A

12/06/26

--

14,203,077.98

14,167,181.46

07/06/26

16

883100667

OF

Cranberry Township

PA

Actual/360

4.611%

50,690.55

28,357.95

0.00

N/A

12/06/26

--

13,192,075.55

13,163,717.60

07/06/26

17

301741165

MF

Mansfield

CT

Actual/360

5.060%

56,423.02

28,198.61

0.00

N/A

12/06/26

--

13,380,953.54

13,352,754.93

07/06/26

18

301741168

RT

Plymouth

MA

Actual/360

4.740%

54,957.68

23,199.03

0.00

N/A

12/06/26

--

13,913,337.25

13,890,138.22

07/06/26

19

310936188

RT

Durham

NC

Actual/360

4.740%

52,074.40

23,477.09

0.00

N/A

12/11/26

--

13,183,393.55

13,159,916.46

07/11/26

20

310937159

RT

Victorville

CA

Actual/360

5.270%

48,048.33

37,512.69

0.00

N/A

08/11/26

--

10,940,795.57

10,903,282.88

07/11/26

22

410935761

RT

Various

MI

Actual/360

4.890%

41,141.93

23,466.33

0.00

N/A

11/11/26

--

10,096,180.15

10,072,713.82

07/11/26

23

883100638

MF

North Hollywood

CA

Actual/360

4.269%

34,804.96

24,608.61

0.00

N/A

11/06/26

--

9,783,315.10

9,758,706.49

07/06/26

24

883100660

IN

Various

Various

Actual/360

4.394%

34,330.47

23,216.28

0.00

N/A

11/06/26

--

9,375,641.66

9,352,425.38

07/06/26

25

301741166

LO

Tempe

AZ

Actual/360

5.627%

43,786.30

19,549.80

0.00

N/A

12/06/26

--

9,337,756.79

9,318,206.99

07/06/26

26

28000982

LO

Hauppauge

NY

Actual/360

5.330%

39,901.84

19,575.96

0.00

N/A

12/06/26

--

8,983,528.13

8,963,952.17

07/06/26

29

883100653

MF

Various

WI

Actual/360

4.060%

27,245.11

16,995.93

0.00

N/A

11/06/26

08/06/26

8,052,742.59

8,035,746.66

07/06/26

30

301741162

LO

Goldsboro

NC

Actual/360

5.440%

30,735.11

22,684.47

0.00

N/A

12/06/26

--

6,779,803.02

6,757,118.55

07/06/26

31

883100662

RT

Chula Vista

CA

Actual/360

4.399%

31,159.58

0.00

0.00

N/A

12/01/26

--

8,500,000.00

8,500,000.00

07/01/26

 

 

 

 

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Page 14 of 32

 


 

 

                               

 

 

 

 

 

 

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

32

307170032

LO

Reading

PA

Actual/360

4.840%

22,125.94

33,221.73

0.00

N/A

11/11/26

--

5,485,771.25

5,452,549.52

07/11/26

33

28000981

MF

Houston

TX

Actual/360

5.050%

29,942.22

13,889.41

0.00

N/A

12/06/26

--

7,114,981.81

7,101,092.40

07/06/26

34

300571633

LO

Cheektowaga

NY

Actual/360

5.320%

28,346.14

13,951.45

0.00

N/A

12/06/26

--

6,393,867.28

6,379,915.83

07/06/26

35

300571628

MF

Houston

TX

Actual/360

4.800%

24,781.69

14,568.21

0.00

N/A

11/06/26

--

6,195,423.46

6,180,855.25

07/06/26

36

28000932

RT

Various

Various

Actual/360

4.850%

21,715.20

5,372,834.10

0.00

N/A

09/06/26

--

5,372,834.10

0.00

07/06/26

37

301741161

LO

Charlotte

NC

Actual/360

4.744%

20,939.67

18,944.39

0.00

N/A

12/06/26

--

5,296,713.40

5,277,769.01

07/06/26

38

301741160

LO

Banning

CA

Actual/360

4.637%

20,668.11

15,561.95

0.00

N/A

12/06/26

--

5,348,658.96

5,333,097.01

07/06/26

39

28000967

LO

Centerville

OH

Actual/360

4.867%

22,327.00

12,833.06

0.00

N/A

11/06/26

08/06/26

5,504,909.68

5,492,076.62

07/06/26

40

883100629

MF

Los Angeles

CA

Actual/360

4.269%

16,752.60

11,844.80

0.00

N/A

11/06/26

--

4,708,981.89

4,697,137.09

07/06/26

41

410936187

MH

Lowell

MI

Actual/360

4.010%

13,441.72

15,619.68

0.00

N/A

10/11/26

--

4,022,460.54

4,006,840.86

07/11/26

42

883100637

MF

Whittier

CA

Actual/360

4.269%

14,008.63

9,904.72

0.00

N/A

11/06/26

--

3,937,682.23

3,927,777.51

07/06/26

43

307170043

MH

Fond du Lac

WI

Actual/360

4.950%

15,217.86

8,508.22

0.00

N/A

11/11/26

--

3,689,177.61

3,680,669.39

07/11/26

45

883100639

MF

Rialto

CA

Actual/360

4.269%

10,398.16

7,351.95

0.00

N/A

11/06/26

--

2,922,816.47

2,915,464.52

07/06/26

46

410937608

MU

Frisco

TX

Actual/360

4.440%

11,939.69

5,669.74

0.00

N/A

11/11/26

--

3,226,943.90

3,221,274.16

07/11/26

47

301741169

RT

Braselton

GA

Actual/360

4.920%

9,346.62

13,597.43

0.00

N/A

12/06/26

--

2,279,664.18

2,266,066.75

07/06/26

48

410935516

RT

Southfield

MI

Actual/360

4.870%

11,465.41

6,583.47

0.00

N/A

11/11/26

--

2,825,153.57

2,818,570.10

07/11/26

49

600937288

MH

Saginaw

MI

Actual/360

4.380%

10,148.55

6,897.13

0.00

N/A

11/11/26

--

2,780,423.89

2,773,526.76

07/11/26

50

307170050

SS

Woodland

CA

Actual/360

5.140%

12,403.80

6,003.80

0.00

N/A

12/11/26

--

2,895,828.19

2,889,824.39

07/11/26

51

300571635

MF

Albany

GA

Actual/360

5.670%

13,857.65

5,232.87

0.00

N/A

12/06/26

--

2,932,836.67

2,927,603.80

07/06/26

52

883100625

MF

Hawthorne

CA

Actual/360

4.269%

9,242.81

6,535.07

0.00

N/A

11/06/26

--

2,598,058.40

2,591,523.33

07/06/26

53

28000933

RT

Brattleboro

VT

Actual/360

4.865%

9,483.83

8,395.47

0.00

N/A

10/06/26

--

2,339,279.64

2,330,884.17

07/06/26

54

883100627

MF

Las Vegas

NV

Actual/360

4.269%

8,809.55

6,228.74

0.00

N/A

11/06/26

--

2,476,274.69

2,470,045.95

07/06/26

55

883100632

MF

San Bernardino

CA

Actual/360

4.269%

8,231.88

5,820.29

0.00

N/A

11/06/26

--

2,313,896.33

2,308,076.04

07/06/26

56

300571613

RT

Big Spring

TX

Actual/360

4.620%

8,695.66

5,434.95

0.00

N/A

11/06/26

--

2,258,613.64

2,253,178.69

07/06/26

57

300571636

MH

Ocean Springs

MS

Actual/360

5.390%

9,918.02

4,104.65

0.00

N/A

12/06/26

--

2,208,092.79

2,203,988.14

07/06/26

59

307170059

SS

Crowley

TX

Actual/360

5.180%

7,232.82

3,724.70

0.00

N/A

12/11/26

--

1,675,555.84

1,671,831.14

07/11/26

60

307170060

MH

Fort Myers

FL

Actual/360

4.700%

5,749.11

5,312.17

0.00

N/A

11/11/26

--

1,467,857.04

1,462,544.87

07/11/26

62

307170062

MH

Ocala

FL

Actual/360

5.500%

6,661.67

3,095.78

0.00

N/A

12/11/26

--

1,453,455.48

1,450,359.70

07/11/26

 

 

 

 

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Page 15 of 32

 


 

 

                             

 

 

 

 

 

 

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

63

300571637

MH

New Bern

NC

Actual/360

5.240%

4,873.32

3,807.22

0.00                     N/A

12/06/26

09/06/26

1,116,028.12

1,112,220.90

07/06/26

Totals

 

 

 

 

 

 

1,730,709.22

6,222,532.00

0.00

 

 

489,915,897.27

483,693,365.27

 

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 16 of 32

 


 

 

                           

 

 

 

 

 

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

146,170,251.30

146,585,167.00

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

38,366,444.44

9,348,035.17

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

(3,424,248.00)

0.00

--

--

08/11/25

26,158,072.23

92,442.63

(410.00)

430,817.37

6,665,753.20

0.00

 

 

7

2,602,757.00

2,652,896.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

984,333.00

1,063,347.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

4,888,937.66

4,658,708.39

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

11A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

11B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

11C

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

12

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

13

13,078,112.00

3,146,372.00

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

8,696,580.45

2,259,744.34

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

16

1,387,436.64

338,319.76

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

18

1,553,398.28

396,043.97

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

2,187,929.00

525,552.00

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

22

925,592.24

309,042.63

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,412,476.00

1,066,243.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

3,158,030.40

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

26

1,950,366.06

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

30

1,174,328.10

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

1,763,285.32

422,716.71

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 17 of 32

 


 

 

                           

 

 

 

 

 

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

 

32

1,042,996.77

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

34

1,082,095.30

1,162,592.90

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

0.00

245,261.19

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

37

645,807.40

688,077.84

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

758,348.00

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

Full Defeasance

 

40

443,058.00

398,679.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

849,141.38

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

477,467.00

486,503.00

04/01/25

03/31/26

02/11/26

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

 

45

420,975.00

380,468.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

484,636.08

121,975.20

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

781,439.82

190,021.04

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

48

545,374.40

132,425.35

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

452,657.50

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

255,824.76

59,763.08

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

463,043.47

108,016.59

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

443,047.00

393,318.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

53

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

54

620,372.00

628,566.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

479,365.00

494,491.00

04/01/25

03/31/26

02/11/26

0.00

0.00

0.00

0.00

0.00

0.00

 

 

56

338,683.21

91,221.46

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

57

252,065.51

74,883.90

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

59

242,372.68

62,276.37

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

60

359,014.26

191,674.27

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

62

558,491.47

152,950.02

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 32

 


 

 

                           

 

 

 

 

 

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

 

63

           0.00

         0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

Totals

238,872,285.90

178,835,352.18

 

 

 

26,158,072.23

92,442.63

(410.00)

430,817.37

6,665,753.20

0.00

 

 

 

 

 

 

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Page 19 of 32

 


 

 

           

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

   Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

36

28000932

5,353,373.59

Payoff Prior to Maturity

0.00

0.00

Totals

 

5,353,373.59

 

0.00

0.00

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

 

 

 

 

 

 

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Page 20 of 32

 


 

 

                                         

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

Rate and Maturities

 

 

    30-59 Days

 

   60-89 Days

 

90 Days or More

 

Foreclosure

 

      REO

 

Modifications

 

 

Curtailments

 

Payoff

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

    Balance

#

    Balance

#

Balance

#

     Balance

#

     Balance

#

Balance

 

#

   Amount

#

Amount

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07/17/26

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

1

5,353,373.59

4.486429%

4.425016%

4

06/17/26

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.490814%

4.429898%

5

05/15/26

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

1

7,721,122.12

4.495654%

4.435244%

6

04/17/26

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.503619%

4.443887%

7

03/17/26

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.503982%

4.444255%

8

02/18/26

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.504418%

4.444697%

9

01/16/26

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.504784%

4.445069%

10

12/17/25

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.505130%

4.445417%

11

11/18/25

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

1

18,283,158.88

4.505506%

4.445798%

12

10/20/25

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.477834%

4.419633%

13

09/17/25

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.478133%

4.419940%

14

08/15/25

0

0.00

0

0.00

1

30,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.478406%

4.420220%

15

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 32

 


 

 

                               

 

 

 

 

 

 

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

6

28000906

03/06/25

15

5

 

(410.00)

430,817.37

6,886,964.93

30,000,000.00

03/20/25

2

 

 

 

 

Totals

 

 

 

 

 

(410.00)

430,817.37

6,886,964.93

30,000,000.00

 

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

A - Payment Not Received But Still in Grace Period 0 - Current

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 22 of 32

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

      Total

   Performing

Non-Performing

REO/Foreclosure

 

 

Past Maturity

 

30,000,000

0

    30,000,000

0

 

0 - 6 Months

 

453,693,365

453,693,365

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

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

 

 

Jul-26

483,693,365

453,693,365

0

0

30,000,000

0

 

Jun-26

489,915,897

459,915,897

0

0

30,000,000

0

 

May-26

496,321,453

466,321,453

0

0

30,000,000

0

 

Apr-26

504,934,044

474,934,044

0

0

30,000,000

0

 

Mar-26

505,772,540

475,772,540

0

0

30,000,000

0

 

Feb-26

506,756,432

476,756,432

0

0

30,000,000

0

 

Jan-26

507,604,931

477,604,931

0

0

30,000,000

0

 

Dec-25

508,415,288

478,415,288

0

0

30,000,000

0

 

Nov-25

509,289,608

479,289,608

0

0

30,000,000

0

 

Oct-25

528,463,000

498,463,000

0

0

30,000,000

0

 

Sep-25

529,401,724

499,401,724

0

0

30,000,000

0

 

Aug-25

530,284,671

500,284,671

0

0

30,000,000

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 32

 


 

 

                     

 

 

 

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

6

28000906

30,000,000.00

30,000,000.00

17,200,000.00

05/01/25

(3,579,183.00)

(0.94270)

12/31/25

07/06/26

I/O

7

883100641

14,496,334.67

14,496,334.67

49,600,000.00

10/31/25

2,410,713.00

2.27620

03/31/26

11/06/26

243

8

883100636

7,207,675.56

7,207,675.56

17,300,000.00

11/04/25

1,063,347.00

2.01930

03/31/26

11/06/26

243

23

883100638

9,758,706.49

9,758,706.49

21,210,000.00

11/04/25

979,544.00

1.37390

03/31/26

11/06/26

243

39

28000967

5,492,076.62

5,492,076.62

 

--

949,078.29

1.93000

--

11/06/26

243

40

883100629

4,697,137.09

4,697,137.09

8,000,000.00

11/04/25

398,679.00

1.16170

03/31/26

11/06/26

243

42

883100637

3,927,777.51

3,927,777.51

10,200,000.00

11/06/25

411,662.00

1.43450

03/31/26

11/06/26

243

45

883100639

2,915,464.52

2,915,464.52

9,860,000.00

11/06/25

286,200.00

1.34360

03/31/26

11/06/26

243

52

883100625

2,591,523.33

2,591,523.33

6,190,000.00

11/13/25

393,318.00

2.07730

03/31/26

11/06/26

243

54

883100627

2,470,045.95

2,470,045.95

9,750,000.00

10/31/25

628,566.00

3.48310

03/31/26

11/06/26

243

55

883100632

2,308,076.04

2,308,076.04

8,310,000.00

11/06/25

494,491.00

2.93240

03/31/26

11/06/26

243

Totals

 

85,864,817.78

85,864,817.78

157,620,000.00

 

4,436,415.29

 

 

 

 

 

 

 

 

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Page 24 of 32

 


 

 

             

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

Servicing

 

 

 

 

Property

 

Transfer

Resolution

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

Special Servicing Comments

6

28000906

OF

NY

03/20/25

2

 

Loan transferred for Imminent Default on 3/24/25. Collateral consists of a first-lien leasehold interest in a 247,183 SF, Class A, 21-story office building built in 19216 and located in Midtown Manhattan in NYC. As of 6/30/26, the Property was 74%

occupied with NOI/DSCR: -$3.75MM/-0.90x. A Receiver has been appointed and foreclosure compliant has been filed. Receiver has engaged C&W as leasing agent and they are working to lease up the building. The Receiver has also sent

a proposal to the Ground Lessor to extend the ground lease. Staill waiting on a response from the Ground Lessor. The Receiver waiting on report from engineer regarding the 44th Street sidewalk vaults, which shown signs of deterioration.

 

7

883100641

MF

NV

10/24/24

11

 

Loan transferred 11/1/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

State o f California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

Inc. and J.K. Properties , Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a 492-unit garden-style multifamily property located Las Vegas, Nevada. The improvements were constructed in

1989 and are situated on a 24.13-acre site. The Receiver has proposed to payoff the loan in full on or before maturity.

 

 

8

883100636

MF

CA

10/24/24

11

 

Loan transferred 11/1/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

State o f California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

Inc. and J.K. Properties , Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Park Pointe is a 89-unit, single-building, 3-story apartment project, located in Westlake, Los Angeles CA. Built in 1971, the

Property is situated on a 0.82 acre site. The Receiver has proposed to payoff the loan in full on or before maturity.

 

 

23

883100638

MF

CA

10/24/24

11

 

Loan transferred 10/29/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Studio Village is a 169-unit, single-building, two-story apartment project, located in the neighborhood of North Hollywood, CA.

Built in 1961, Property is situated on a 1.36 acre site. Property has 145 studio units & 24 one-bedroom / one-bathroom units. The Receiver has proposed to payoff the loan in full on or before Maturity.

 

39

28000967

LO

OH

12/14/22

0

 

Special Servicer comments are not available for this cycle.

 

 

 

 

 

40

883100629

MF

CA

10/24/24

11

 

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Property is a 50 unit, single-building, 3-story apartment project built in 1962 in Hollywood neighborhood of Los Angeles, CA. The

Receiver has proposed to payoff the loans in full on or before maturity.

 

 

 

 

 

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Page 25 of 32

 


 

 

                   

 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

42

883100637

MF

CA

10/24/24

11

 

 

 

 

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

 

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

 

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

 

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

 

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is a 54-unit, two-building, two story apartment project in Whittier, California. Built in 1963, the Property is a two-building, two-

 

story, walk-up style apartment complex situated on 1.15 acres. The Receiver has proposed to payoff the loan in full on or before maturity.

 

 

 

45

883100639

MF

CA

10/24/24

11

 

 

 

 

Loan transferred 10/30/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

 

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

 

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

 

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

 

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Property is a 50-unit multi-family garden property, built in 1985, consisting of 11 (including one ancillary) two-story multi-family

 

buildings on a 2.3 acre. The Receiver has proposed to payoff the loan in full on or before maturity.

 

 

 

 

52

883100625

MF

CA

10/24/24

11

 

 

 

 

Loan transferred 10/30/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

 

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

 

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

 

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

 

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a 40-unit single building, two-story apartment project built in 1955 on a 0.6 acre site. The Property has 29 studio

 

units, 10 one-bedroom / one-bathroom units and on e two-bedroom / one-bathroom unit. The Receiver has proposed to payoff the loans in full on or before maturity.

 

 

54

883100627

MF

NV

10/24/24

11

 

 

 

 

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

 

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

 

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

 

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

 

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is 64-unit Class-C MF, garden property located in Las Vegas, NV. Built in 1977, Property consists of 12 one and two story

 

buildings, including one leasing office/laundry facility and one maintenance shop/pool house. The Receiver has proposed to payoff the loans in full on or before maturity.

 

 

55

883100632

MF

CA

10/24/24

11

 

 

 

 

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the

 

State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money,

 

manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty,

 

Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada,

 

totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is a 44-unit multi-family garden property located in San Bernardino, California. Built in 1985, the improvements contains

 

eight buildings and are situated on a 2.50 acre site. The Receiver has proposed to payoff the loans in full on or before maturity.

 

 

 

 

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

 

 

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Page 26 of 32

 


 

 

             

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 27 of 32

 


 

 

                   

 

 

 

 

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

5

310936587

30,418,634.82

4.85000%

30,418,634.82

4.85000%

10

07/07/20

05/11/20

08/11/20

9

883100651

23,955,891.94

4.83500%

23,955,891.94

4.83500%

10

08/10/20

09/06/20

10/13/20

17

301741165

15,009,891.04

5.06000%

15,009,891.04

5.06000%

8

08/06/20

08/06/20

10/13/20

17

301741165

0.00

5.06000%

0.00

5.06000%

8

09/21/20

08/06/20

10/13/20

32

307170032

7,509,186.74

4.84000%

7,509,186.74

4.84000%

10

07/17/20

05/06/20

08/11/20

32

307170032

0.00

4.84000%

0.00

4.84000%

10

07/01/20

04/11/20

08/11/20

34

300571633

0.00

5.32000%

0.00

5.32000%

8

03/31/21

10/06/19

--

37

301741161

6,446,256.78

4.74400%

6,446,256.78

4.74400%

10

07/01/20

04/11/20

08/11/20

37

301741161

0.00

4.74400%

0.00

4.74400%

10

07/17/20

05/06/20

08/11/20

Totals

 

83,339,861.32

 

83,339,861.32

 

 

 

 

 

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 28 of 32

 


 

 

                       

 

 

 

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 29 of 32

 


 

 

                     

 

 

 

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 30 of 32

 


 

 

                         

 

 

 

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)

6

0.00

0.00

6,250.00

0.00

0.00

0.00

0.00

102,725.00

0.00

0.00

0.00

0.00

25

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.56

0.00

0.00

0.00

39

0.00

0.00

0.00

0.00

351.60

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

6,250.00

0.00

351.60

0.00

0.00

102,725.00

0.56

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

109,327.16

 

 

 

 

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Page 31 of 32

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 32 of 32