|
Distribution Date: |
08/12/26 |
Deutsche Mortgage Asset & Receiving Corporation |
|
Determination Date: |
08/06/26 |
|
|
Next Distribution Date: |
09/14/26 |
|
|
Record Date: |
07/31/26 |
Commercial Mortgage Pass-Through Certificates |
|
|
|
Series 2016-CD1 |
|
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 |
Midland Loan Services, a Division of PNC Bank, National |
|
|
|
Additional Information |
5 |
|
Association |
|
|
|
Bond / Collateral Reconciliation - Cash Flows |
6 |
|
Executive Vice President - Division Head |
(913) 253-9000 |
askmidlandls.com |
|
Bond / Collateral Reconciliation - Balances |
7 |
|
10851 Mastin Street, Suite 300 | Overland Park, KS 66210 | United States |
|
|
|
Current Mortgage Loan and Property Stratification |
8-12 |
Special Servicer |
Rialto Capital Advisors, LLC |
|
|
|
Mortgage Loan Detail (Part 1) |
13 |
|
Niral Shah |
(305) 485-2041 |
Niral.shah@rialtocapital.com |
|
|
|
|
200 S. Biscayne Blvd., Suite 3550 | Miami, FL 33131 | United States |
|
|
|
Mortgage Loan Detail (Part 2) |
14 |
|
|
|
|
|
|
|
Operating Advisor & Asset |
Park Bridge Lender Services LLC |
|
|
|
Principal Prepayment Detail |
15 |
Representations Reviewer |
|
|
|
|
Historical Detail |
16 |
|
David Rodgers |
(212) 230-9025 |
|
|
Delinquency Loan Detail |
17 |
|
600 Third Avenue, 40th Floor | New York, NY 10016 | United States |
|
|
|
|
|
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
|
|
|
Collateral Stratification and Historical Detail |
18 |
|
Bank, N.A. |
|
|
|
Specially Serviced Loan Detail - Part 1 |
19 |
|
Corporate Trust Services (CMBS) |
|
cctcmbsbondadmin@computershare.com; |
|
Specially Serviced Loan Detail - Part 2 |
20-21 |
|
|
|
trustadministrationgroup@computershare.com |
|
|
|
|
9062 Old Annapolis Road | Columbia, MD 21045 | United States |
|
|
|
Modified Loan Detail |
22 |
|
|
|
|
|
|
|
Controlling Class |
RREF III Debt AIV, L.P. |
|
|
|
Historical Liquidated Loan Detail |
23 |
Representative |
|
|
|
|
Historical Bond / Collateral Loss Reconciliation Detail |
24 |
|
- |
|
|
|
Interest Shortfall Detail - Collateral Level |
25 |
|
|
|
|
|
Supplemental Notes |
26 |
|
|
|
|
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 26 |
|
|
|
|
|
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 |
12514MAY1 |
1.443000% |
30,826,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-2 |
12514MAZ8 |
2.453000% |
40,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-SB |
12514MBA2 |
2.622000% |
46,236,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-3 |
12514MBB0 |
2.459000% |
168,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-4 |
12514MBC8 |
2.724000% |
207,191,000.00 |
72,167,861.07 |
33,848,067.34 |
163,821.04 |
0.00 |
0.00 |
34,011,888.38 |
38,319,793.73 |
82.56% |
30.00% |
|
A-M |
12514MBE4 |
2.926000% |
73,839,000.00 |
73,839,000.00 |
0.00 |
180,044.10 |
0.00 |
0.00 |
180,044.10 |
73,839,000.00 |
48.96% |
19.50% |
|
B |
12514MBF1 |
3.077000% |
31,644,000.00 |
31,644,000.00 |
0.00 |
43,527.41 |
0.00 |
0.00 |
43,527.41 |
31,644,000.00 |
34.56% |
15.00% |
|
C |
12514MBG9 |
3.631000% |
28,129,000.00 |
28,129,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
28,129,000.00 |
21.76% |
11.00% |
|
D |
12514MAL9 |
3.103071% |
31,645,000.00 |
31,645,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
31,645,000.00 |
7.36% |
6.50% |
|
E |
12514MAN5 |
2.550000% |
15,823,000.00 |
15,823,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
15,823,000.00 |
0.16% |
4.25% |
|
F* |
12514MAQ8 |
2.550000% |
6,153,000.00 |
359,942.82 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
359,942.82 |
0.00% |
3.38% |
|
G |
12514MAS4 |
2.550000% |
23,733,985.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
V |
12514MAU9 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
R |
12514MAW5 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
Regular SubTotal |
|
703,219,985.00 |
253,607,803.89 |
33,848,067.34 |
387,392.55 |
0.00 |
0.00 |
34,235,459.89 |
219,759,736.55 |
|
|
|
|
|
||||||||||||
|
|
||||||||||||
|
X-A |
12514MBD6 |
1.526915% |
566,092,000.00 |
146,006,861.07 |
0.00 |
185,783.35 |
0.00 |
0.00 |
185,783.35 |
112,158,793.73 |
|
|
|
X-B |
12514MAA3 |
1.015360% |
59,773,000.00 |
59,773,000.00 |
0.00 |
50,575.92 |
0.00 |
0.00 |
50,575.92 |
59,773,000.00 |
|
|
|
X-C |
12514MAC9 |
1.250000% |
31,645,000.00 |
31,645,000.00 |
0.00 |
32,963.54 |
0.00 |
0.00 |
32,963.54 |
31,645,000.00 |
|
|
|
X-D |
12514MAE5 |
1.803071% |
15,823,000.00 |
15,823,000.00 |
0.00 |
23,774.99 |
0.00 |
0.00 |
23,774.99 |
15,823,000.00 |
|
|
|
X-E |
12514MAG0 |
1.803071% |
6,153,000.00 |
359,942.82 |
0.00 |
540.84 |
0.00 |
0.00 |
540.84 |
359,942.82 |
|
|
|
X-F |
12514MAJ4 |
4.353071% |
23,733,985.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
Notional SubTotal |
|
703,219,985.00 |
253,607,803.89 |
0.00 |
293,638.64 |
0.00 |
0.00 |
293,638.64 |
219,759,736.55 |
|
|
|
|
|
||||||||||||
|
Deal Distribution Total |
|
|
|
33,848,067.34 |
681,031.19 |
0.00 |
0.00 |
34,529,098.53 |
|
|
|
|
|
|
||||||||||||
|
* |
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 26 |
||||
|
|
|
|
|
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 |
12514MAY1 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
12514MAZ8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-SB |
12514MBA2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-3 |
12514MBB0 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-4 |
12514MBC8 |
348.31561733 |
163.36649439 |
0.79067643 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
164.15717082 |
184.94912293 |
|
A-M |
12514MBE4 |
1,000.00000000 |
0.00000000 |
2.43833340 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.43833340 |
1,000.00000000 |
|
B |
12514MBF1 |
1,000.00000000 |
0.00000000 |
1.37553438 |
1.18863228 |
6.53482588 |
0.00000000 |
0.00000000 |
1.37553438 |
1,000.00000000 |
|
C |
12514MBG9 |
1,000.00000000 |
0.00000000 |
0.00000000 |
3.02583348 |
52.77965196 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
D |
12514MAL9 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.58589224 |
64.15614220 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
E |
12514MAN5 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.12500032 |
68.42896796 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
F |
12514MAQ8 |
58.49875183 |
0.00000000 |
0.00000000 |
0.12431009 |
58.82049407 |
0.00000000 |
0.00000000 |
0.00000000 |
58.49875183 |
|
G |
12514MAS4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
92.77337076 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V |
12514MAU9 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
12514MAW5 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
|
||||||||||
|
Notional Certificates |
|
|
|
|
|
|
|
|
|
|
|
X-A |
12514MBD6 |
257.92072856 |
0.00000000 |
0.32818579 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.32818579 |
198.12820837 |
|
X-B |
12514MAA3 |
1,000.00000000 |
0.00000000 |
0.84613320 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.84613320 |
1,000.00000000 |
|
X-C |
12514MAC9 |
1,000.00000000 |
0.00000000 |
1.04166661 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.04166661 |
1,000.00000000 |
|
X-D |
12514MAE5 |
1,000.00000000 |
0.00000000 |
1.50255893 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.50255893 |
1,000.00000000 |
|
X-E |
12514MAG0 |
58.49875183 |
0.00000000 |
0.08789859 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.08789859 |
58.49875183 |
|
X-F |
12514MAJ4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 3 of 26 |
|||
|
|
|
|
|
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-SB |
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 |
07/01/26 - 07/30/26 |
30 |
0.00 |
163,821.04 |
0.00 |
163,821.04 |
0.00 |
0.00 |
0.00 |
163,821.04 |
0.00 |
|
|
X-A |
07/01/26 - 07/30/26 |
30 |
0.00 |
185,783.35 |
0.00 |
185,783.35 |
0.00 |
0.00 |
0.00 |
185,783.35 |
0.00 |
|
|
A-M |
07/01/26 - 07/30/26 |
30 |
0.00 |
180,044.10 |
0.00 |
180,044.10 |
0.00 |
0.00 |
0.00 |
180,044.10 |
0.00 |
|
|
X-B |
07/01/26 - 07/30/26 |
30 |
0.00 |
50,575.92 |
0.00 |
50,575.92 |
0.00 |
0.00 |
0.00 |
50,575.92 |
0.00 |
|
|
X-C |
07/01/26 - 07/30/26 |
30 |
0.00 |
32,963.54 |
0.00 |
32,963.54 |
0.00 |
0.00 |
0.00 |
32,963.54 |
0.00 |
|
|
X-D |
07/01/26 - 07/30/26 |
30 |
0.00 |
23,774.99 |
0.00 |
23,774.99 |
0.00 |
0.00 |
0.00 |
23,774.99 |
0.00 |
|
|
X-E |
07/01/26 - 07/30/26 |
30 |
0.00 |
540.84 |
0.00 |
540.84 |
0.00 |
0.00 |
0.00 |
540.84 |
0.00 |
|
|
X-F |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
B |
07/01/26 - 07/30/26 |
30 |
169,174.95 |
81,140.49 |
0.00 |
81,140.49 |
37,613.08 |
0.00 |
0.00 |
43,527.41 |
206,788.03 |
|
|
C |
07/01/26 - 07/30/26 |
30 |
1,399,525.16 |
85,113.67 |
0.00 |
85,113.67 |
85,113.67 |
0.00 |
0.00 |
0.00 |
1,484,638.83 |
|
|
D |
07/01/26 - 07/30/26 |
30 |
1,948,390.56 |
81,830.56 |
0.00 |
81,830.56 |
81,830.56 |
0.00 |
0.00 |
0.00 |
2,030,221.12 |
|
|
E |
07/01/26 - 07/30/26 |
30 |
1,049,127.69 |
33,623.88 |
0.00 |
33,623.88 |
33,623.88 |
0.00 |
0.00 |
0.00 |
1,082,751.56 |
|
|
F |
07/01/26 - 07/30/26 |
30 |
361,157.62 |
764.88 |
0.00 |
764.88 |
764.88 |
0.00 |
0.00 |
0.00 |
361,922.50 |
|
|
G |
N/A |
N/A |
2,201,881.79 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2,201,881.79 |
|
|
Totals |
|
|
7,129,257.77 |
919,977.26 |
0.00 |
919,977.26 |
238,946.07 |
0.00 |
0.00 |
681,031.19 |
7,368,203.83 |
|
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 4 of 26 |
||||
|
|
Additional Information |
|
|
Total Available Distribution Amount (1) |
34,529,098.53 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
|
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 5 of 26 |
|
Bond / Collateral Reconciliation - Cash Flows |
|
||
|
|
|||
|
Total Funds Collected |
|
Total Funds Distributed |
|
|
Interest |
|
Fees |
|
|
Interest Paid or Advanced |
923,527.62 |
Master Servicing Fee |
833.58 |
|
Interest Reductions due to Non recoverability Determination |
(175,356.67) |
Certificate Administration Fee |
1,856.27 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
0.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
109.19 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
557.56 |
|
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 |
748,170.95 |
Total Fees |
3,356.60 |
|
|
|||
|
Principal |
|
Expenses/Reimbursements |
|
|
Scheduled Principal |
15,343,100.52 |
Reimbursement for Interest on Advances |
(1,157.54) |
|
Unscheduled Principal Collections |
|
ASER Amount |
(19,154.41) |
|
Principal Prepayments |
18,504,966.82 |
Special Servicing Fees (Monthly) |
21,363.26 |
|
Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
|
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
0.00 |
|
Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
|
Curtailments |
0.00 |
Rating Agency Expenses |
0.00 |
|
Negative Amortization |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
|
Principal Adjustments |
0.00 |
Non-Recoverable Advances |
0.00 |
|
|
|
Workout Delayed Reimbursement Amounts |
0.00 |
|
|
|
Other Expenses |
62,731.83 |
|
Total Principal Collected |
33,848,067.34 |
Total Expenses/Reimbursements |
63,783.14 |
|
|
|||
|
|
|
Interest Reserve Deposit |
0.00 |
|
|
|||
|
Other |
|
Payments to Certificate holders and Others |
|
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
681,031.19 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
33,848,067.34 |
|
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 |
34,529,098.53 |
|
Total Funds Collected |
34,596,238.29 |
Total Funds Distributed |
34,596,238.27 |
|
|
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
Page 6 of 26 |
|
|
|
Bond / Collateral Reconciliation - Balances |
|
||
|
|
|||||
|
|
|
Collateral Reconciliation |
|
Certificate Reconciliation |
|
|
|
|
|
Total |
|
Total |
|
Beginning Scheduled Collateral Balance |
253,607,803.89 |
253,607,803.89 |
Beginning Certificate Balance |
253,607,803.89 |
|
|
(-) Scheduled Principal Collections |
15,343,100.52 |
15,343,100.52 |
(-) Principal Distributions |
33,848,067.34 |
|
|
(-) Unscheduled Principal Collections |
18,504,966.82 |
18,504,966.82 |
(-) 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 |
219,759,736.55 |
219,759,736.55 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
254,082,174.12 |
254,082,174.12 |
Ending Certificate Balance |
219,759,736.55 |
|
|
Ending Actual Collateral Balance |
220,208,505.31 |
220,208,505.31 |
|
|
|
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|
NRA/WODRA Reconciliation |
|
Under / Over Collateralization Reconciliation |
|
|
|
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
|
|
|
|
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
0.00 |
|
Beginning Cumulative Advances |
9,659,271.30 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
0.00 |
|
|
Ending Cumulative Advances |
9,659,271.30 |
0.00 |
Net WAC Rate |
4.35% |
|
|
|
|
|
|
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. |
|
|
|
|
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
Page 7 of 26 |
||
|
|
|
|
|
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 |
|
|
7,499,999 or less |
2 |
13,010,752.60 |
5.92% |
0 |
3.3940 |
(4.420000) |
1.39 or less |
8 |
117,065,519.10 |
53.27% |
(2) |
4.0916 |
(2.085081) |
|
7,500,000 to 14,999,999 |
2 |
20,023,281.17 |
9.11% |
(4) |
4.6696 |
0.551079 |
1.40 to 1.44 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
15,000,000 to 24,999,999 |
4 |
84,031,485.33 |
38.24% |
(2) |
4.0619 |
(2.351713) |
1.45 to 1.54 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
25,000,000 to 49,999,999 |
1 |
46,451,265.21 |
21.14% |
(12) |
4.6100 |
2.060000 |
1.55 to 1.99 |
1 |
56,242,952.24 |
25.59% |
0 |
4.0100 |
1.560000 |
|
|
|
50,000,000 or greater |
1 |
56,242,952.24 |
25.59% |
0 |
4.0100 |
1.560000 |
2.00 to 2.49 |
1 |
46,451,265.21 |
21.14% |
(12) |
4.6100 |
2.060000 |
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
2.50 to 2.87 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
2.88 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
(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. |
|
|
|
|
|||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 8 of 26 |
||||
|
|
|
|
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 |
|
|
|||||||||||||
|
California |
2 |
77,397,887.53 |
35.22% |
0 |
3.6988 |
(3.392732) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lodging |
2 |
37,042,237.93 |
16.86% |
(4) |
4.9091 |
0.271974 |
|
Georgia |
1 |
56,242,952.24 |
25.59% |
0 |
4.0100 |
1.560000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mixed Use |
1 |
60,000,000.00 |
27.30% |
0 |
3.3940 |
(4.420000) |
|
Hawaii |
1 |
9,795,498.32 |
4.46% |
(7) |
4.6900 |
0.500000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Office |
2 |
102,694,217.45 |
46.73% |
(5) |
4.2814 |
1.786163 |
|
Illinois |
1 |
46,451,265.21 |
21.14% |
(12) |
4.6100 |
2.060000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail |
5 |
20,023,281.17 |
9.11% |
(4) |
4.6696 |
0.551079 |
|
New York |
4 |
10,227,782.85 |
4.65% |
(1) |
4.6500 |
0.600000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
Ohio |
1 |
19,644,350.40 |
8.94% |
(7) |
5.0500 |
0.380000 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
Note: Please refer to footnotes on the next page of the report. |
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 9 of 26 |
|||
|
|
|
|
|
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 |
|
|
4.4999% or less |
5 |
116,242,952.24 |
52.90% |
0 |
3.6920 |
(1.526639) |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.5000% to 4.7499% |
3 |
66,474,546.38 |
30.25% |
(10) |
4.6279 |
1.605487 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.7500% or greater |
2 |
37,042,237.93 |
16.86% |
(4) |
4.9091 |
0.271974 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
37 months to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
49 months or greater |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
|
|
|
|
|
|
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
(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. |
|
|
|
|
|||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 10 of 26 |
||||
|
|
|
|
|
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 |
|
|
60 months or less |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
Interest Only |
4 |
60,000,000.00 |
27.30% |
0 |
3.3940 |
(4.420000) |
|
61 months to 114 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
60 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
115 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
61 month to 114 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
115 months or greater |
6 |
159,759,736.55 |
72.70% |
(5) |
4.4756 |
1.280282 |
|
|
|
|
|
|
|
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
(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. |
|
|
|
|
|||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 11 of 26 |
||||
|
|
|
|
|
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 |
|
|
12 months or less |
9 |
202,361,849.02 |
92.08% |
(4) |
4.1313 |
(0.312668) |
|
|
No outstanding loans in this group |
|
|
|
|
13 months to 24 months |
1 |
17,397,887.53 |
7.92% |
(1) |
4.7500 |
0.150000 |
|
|
|
|
|
|
|
25 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
Totals |
10 |
219,759,736.55 |
100.00% |
(4) |
4.1803 |
(0.276040) |
|
|
|
|
|
|
(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. |
|
|
|||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 12 of 26 |
||||
|
|
|
|
|
|
|
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 |
|
|
2 |
30311342 |
OF |
Alpharetta |
GA |
Actual/360 |
4.010% |
194,610.88 |
116,083.91 |
0.00 |
N/A |
08/06/26 |
-- |
56,359,036.15 |
56,242,952.24 |
07/06/26 |
|
3 |
30311336 |
MU |
San Francisco |
CA |
Actual/360 |
3.394% |
0.00 |
0.00 |
0.00 |
N/A |
08/01/26 |
-- |
23,494,623.70 |
23,494,623.70 |
09/01/23 |
|
3a |
30311337 |
|
|
|
Actual/360 |
3.394% |
0.00 |
0.00 |
0.00 |
N/A |
08/01/26 |
-- |
23,494,623.70 |
23,494,623.70 |
09/01/23 |
|
3b |
30311338 |
|
|
|
Actual/360 |
3.394% |
0.00 |
0.00 |
0.00 |
N/A |
08/01/26 |
-- |
6,505,376.30 |
6,505,376.30 |
09/01/23 |
|
3c |
30311339 |
|
|
|
Actual/360 |
3.394% |
0.00 |
0.00 |
0.00 |
N/A |
08/01/26 |
-- |
6,505,376.30 |
6,505,376.30 |
09/01/23 |
|
4 |
30311334 |
OF |
Chicago |
IL |
Actual/360 |
4.610% |
184,398.62 |
0.00 |
0.00 |
N/A |
08/06/25 |
08/06/27 |
46,451,265.21 |
46,451,265.21 |
08/06/26 |
|
11 |
30311348 |
LO |
Columbus |
OH |
Actual/360 |
5.050% |
85,593.41 |
38,579.35 |
0.00 |
N/A |
01/06/26 |
-- |
19,682,929.75 |
19,644,350.40 |
08/06/26 |
|
12 |
30311344 |
RT |
Troutdale |
OR |
Actual/360 |
4.520% |
72,025.44 |
18,504,966.82 |
0.00 |
N/A |
02/06/26 |
-- |
18,504,966.82 |
0.00 |
08/06/26 |
|
13 |
30311349 |
LO |
San Leandro |
CA |
Actual/360 |
4.750% |
71,303.15 |
34,460.85 |
0.00 |
N/A |
07/06/26 |
-- |
17,432,348.38 |
17,397,887.53 |
08/06/26 |
|
17 |
30311351 |
RT |
Various |
NY |
Actual/360 |
4.650% |
41,036.18 |
20,586.70 |
0.00 |
N/A |
07/06/26 |
-- |
10,248,369.55 |
10,227,782.85 |
05/06/25 |
|
18 |
30311352 |
RT |
Lahaina |
HI |
Actual/360 |
4.690% |
39,649.05 |
21,997.34 |
0.00 |
N/A |
01/06/26 |
-- |
9,817,495.66 |
9,795,498.32 |
07/06/26 |
|
19 |
30297548 |
OF |
Valhalla |
NY |
Actual/360 |
4.500% |
36,111.22 |
9,319,025.11 |
0.00 |
N/A |
08/06/26 |
-- |
9,319,025.11 |
0.00 |
08/06/26 |
|
24 |
30311355 |
MF |
Houston |
TX |
Actual/360 |
4.700% |
23,443.00 |
5,792,367.26 |
0.00 |
N/A |
08/06/26 |
-- |
5,792,367.26 |
0.00 |
08/06/26 |
|
Totals |
|
|
|
|
|
|
748,170.95 |
33,848,067.34 |
0.00 |
|
|
|
253,607,803.89 |
219,759,736.55 |
|
|
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 |
|
|
|
|
|
|
|
|
|
||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 13 of 26 |
|||||
|
|
|
|
|
|
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 |
|
|
2 |
6,203,127.22 |
1,580,252.88 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
310,452.13 |
310,452.13 |
0.00 |
0.00 |
|
|
|
3 |
(13,948,296.11) |
(19,479,526.52) |
01/01/26 |
03/31/26 |
11/06/25 |
18,531,352.81 |
400,515.89 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
3a |
(13,948,296.11) |
(19,479,526.52) |
01/01/26 |
03/31/26 |
11/06/25 |
18,531,352.81 |
400,515.89 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
3b |
(13,948,296.11) |
(19,479,526.52) |
01/01/26 |
03/31/26 |
11/06/25 |
5,131,106.80 |
110,897.97 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
3c |
(13,948,296.11) |
(19,479,526.52) |
01/01/26 |
03/31/26 |
11/06/25 |
5,131,106.80 |
110,897.97 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
4 |
37,566,707.51 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
11 |
941,523.96 |
0.00 |
-- |
-- |
05/06/26 |
1,591,484.69 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
12 |
2,347,466.69 |
658,898.11 |
01/01/26 |
03/31/26 |
06/08/26 |
4,644,916.41 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
13 |
374,681.51 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
17 |
495,529.33 |
0.00 |
-- |
-- |
08/06/26 |
5,768,202.73 |
209,823.54 |
38,388.49 |
713,859.81 |
0.00 |
0.00 |
|
|
|
18 |
415,735.35 |
0.00 |
-- |
-- |
06/08/26 |
0.00 |
0.00 |
61,604.12 |
61,604.12 |
0.00 |
0.00 |
|
|
|
19 |
987,325.51 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
24 |
770,646.32 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
Totals |
(5,690,441.04) |
(75,678,955.09) |
|
|
|
59,329,523.05 |
1,232,651.26 |
410,444.74 |
1,085,916.06 |
0.00 |
0.00 |
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 14 of 26 |
||||
|
|
|
Principal Prepayment Detail |
|
|
|
|
|
|
|
Unscheduled Principal |
Prepayment Penalties |
|
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
12 |
30311344 |
18,504,966.82 |
Payoff Prior to Maturity |
0.00 |
0.00 |
|
Totals |
|
18,504,966.82 |
|
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. |
|
|
|||
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
Page 15 of 26 |
|
|
|
|
|
|
|
|
|
|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/12/26 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
9,795,498.32 |
5 |
79,644,350.40 |
0 |
0.00 |
0 |
0.00 |
1 |
18,504,966.82 |
4.180286% |
4.164359% |
(4) |
|
07/10/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,248,369.55 |
1 |
9,817,495.66 |
5 |
79,682,929.75 |
0 |
0.00 |
0 |
0.00 |
2 |
38,539,541.52 |
4.228906% |
4.212649% |
(3) |
|
06/12/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,270,195.42 |
0 |
0.00 |
5 |
79,724,096.94 |
0 |
0.00 |
0 |
0.00 |
1 |
65,000,000.00 |
4.227884% |
4.209944% |
(1) |
|
05/12/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,290,612.97 |
0 |
0.00 |
5 |
79,762,331.01 |
1 |
18,579,665.62 |
0 |
0.00 |
5 |
54,288,188.76 |
4.010742% |
3.993705% |
1 |
|
04/10/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,312,275.78 |
0 |
0.00 |
5 |
79,803,165.45 |
0 |
0.00 |
0 |
0.00 |
4 |
27,289,054.58 |
4.008881% |
3.991331% |
2 |
|
03/12/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,332,525.51 |
0 |
0.00 |
5 |
79,841,057.17 |
1 |
18,653,795.58 |
0 |
0.00 |
1 |
4,647,217.90 |
4.053461% |
4.033803% |
3 |
|
02/12/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,356,691.69 |
0 |
0.00 |
4 |
60,000,000.00 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
4.058774% |
4.039122% |
4 |
|
01/12/26 |
0 |
0.00 |
0 |
0.00 |
5 |
70,376,764.28 |
0 |
0.00 |
4 |
60,000,000.00 |
1 |
14,718,616.63 |
0 |
0.00 |
2 |
43,000,000.00 |
3.991045% |
3.970887% |
5 |
|
12/12/25 |
0 |
0.00 |
0 |
0.00 |
5 |
70,396,756.81 |
0 |
0.00 |
4 |
60,000,000.00 |
1 |
14,748,162.81 |
0 |
0.00 |
0 |
0.00 |
4.008472% |
3.988888% |
6 |
|
11/13/25 |
0 |
0.00 |
0 |
0.00 |
5 |
70,418,009.90 |
4 |
60,000,000.00 |
1 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
0.00 |
4.008847% |
3.989256% |
7 |
|
10/10/25 |
0 |
0.00 |
0 |
0.00 |
6 |
84,430,486.89 |
4 |
60,000,000.00 |
1 |
13,992,648.95 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.028780% |
4.009322% |
8 |
|
09/12/25 |
0 |
0.00 |
0 |
0.00 |
6 |
84,451,581.41 |
4 |
60,000,000.00 |
1 |
13,992,648.95 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.029115% |
4.009651% |
9 |
|
Note: Foreclosure and REO Totals are included in the delinquencies aging categories. |
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|||||||||||||||||||
|
|
|||||||||||||||||||
|
|
|||||||||||||||||||
|
|
|||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
|
|
Page 16 of 26 |
|||||||
|
|
|
|
|
|
|
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 |
|
|
2 |
30311342 |
07/06/26 |
0 |
A |
|
310,452.13 |
310,452.13 |
0.00 |
56,359,036.15 |
|
|
|
|
|
|
|
3 |
30311336 |
09/01/23 |
34 |
5 |
|
0.00 |
0.00 |
0.00 |
23,494,623.70 |
06/21/23 |
7 |
|
|
|
11/12/25 |
|
3a |
30311337 |
09/01/23 |
34 |
5 |
|
0.00 |
0.00 |
0.00 |
23,494,623.70 |
06/21/23 |
7 |
|
|
|
11/12/25 |
|
3b |
30311338 |
09/01/23 |
34 |
5 |
|
0.00 |
0.00 |
0.00 |
6,505,376.30 |
06/21/23 |
7 |
|
|
|
11/12/25 |
|
3c |
30311339 |
09/01/23 |
34 |
5 |
|
0.00 |
0.00 |
0.00 |
6,505,376.30 |
06/21/23 |
7 |
|
|
|
11/12/25 |
|
17 |
30311351 |
05/06/25 |
14 |
5 |
|
38,388.49 |
713,859.81 |
30,492.00 |
10,538,470.36 |
06/11/25 |
2 |
|
|
|
|
|
18 |
30311352 |
07/06/26 |
0 |
5 |
|
61,604.12 |
61,604.12 |
0.00 |
9,817,495.66 |
01/07/26 |
98 |
|
|
04/29/26 |
|
|
Totals |
|
|
|
|
|
410,444.74 |
1,085,916.06 |
30,492.00 |
136,715,002.17 |
|
|
|
|
|
|
|
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 |
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 17 of 26 |
|||||
|
|
|
|
|
Collateral Stratification and Historical Detail |
|
|||
|
Maturity Dates and Loan Status¹ |
|
|
|
|
|
|
||
|
|
||||||||
|
|
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|
||
|
|
||||||||
|
Past Maturity |
|
173,308,471 |
73,640,840 |
10,227,783 |
89,439,849 |
|
||
|
0 - 6 Months |
|
0 |
0 |
0 |
|
|
0 |
|
|
7 - 12 Months |
|
46,451,265 |
46,451,265 |
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 |
|
|
|
|
||||||||
|
Aug-26 |
219,759,737 |
129,887,603 |
0 |
0 |
10,227,783 |
79,644,350 |
|
|
|
Jul-26 |
253,607,804 |
135,354,042 |
9,817,496 |
18,504,967 |
10,248,370 |
79,682,930 |
|
|
|
Jun-26 |
306,833,777 |
188,455,252 |
0 |
28,384,232 |
10,270,195 |
79,724,097 |
|
|
|
May-26 |
372,256,934 |
282,203,990 |
0 |
0 |
10,290,613 |
79,762,331 |
|
|
|
Apr-26 |
427,177,033 |
327,176,084 |
0 |
0 |
20,197,783 |
79,803,165 |
|
|
|
Mar-26 |
455,081,917 |
355,001,192 |
0 |
0 |
20,239,668 |
79,841,057 |
|
|
|
Feb-26 |
460,489,813 |
380,200,564 |
0 |
0 |
20,289,249 |
60,000,000 |
|
|
|
Jan-26 |
505,874,325 |
435,497,561 |
0 |
0 |
10,376,764 |
60,000,000 |
|
|
|
Dec-25 |
549,567,319 |
479,170,562 |
0 |
0 |
10,396,757 |
60,000,000 |
|
|
|
Nov-25 |
550,294,552 |
479,876,542 |
0 |
0 |
10,418,010 |
60,000,000 |
|
|
|
Oct-25 |
564,974,967 |
480,544,480 |
0 |
0 |
10,437,838 |
73,992,649 |
|
|
|
Sep-25 |
565,697,161 |
481,245,579 |
0 |
0 |
10,458,932 |
73,992,649 |
|
|
|
(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File. |
|
|
||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
Page 18 of 26 |
||||
|
|
|
|
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 |
|
3 |
30311336 |
23,494,623.70 |
23,494,623.70 |
195,000,000.00 |
07/03/25 |
(21,216,026.52) |
(4.42000) |
03/31/26 |
08/01/26 |
I/O |
|
3a |
30311337 |
23,494,623.70 |
23,494,623.70 |
195,000,000.00 |
07/03/25 |
(21,216,026.52) |
(4.42000) |
03/31/26 |
08/01/26 |
I/O |
|
3b |
30311338 |
6,505,376.30 |
6,505,376.30 |
195,000,000.00 |
07/03/25 |
(21,216,026.52) |
(4.42000) |
03/31/26 |
08/01/26 |
I/O |
|
3c |
30311339 |
6,505,376.30 |
6,505,376.30 |
195,000,000.00 |
07/03/25 |
(21,216,026.52) |
(4.42000) |
03/31/26 |
08/01/26 |
I/O |
|
11 |
30311348 |
19,644,350.40 |
19,644,350.40 |
15,500,000.00 |
03/06/26 |
569,146.24 |
0.38000 |
09/30/25 |
01/06/26 |
239 |
|
12 |
30311344 |
0.00 |
- |
29,500,000.00 |
12/04/15 |
624,719.61 |
1.92000 |
03/31/26 |
02/06/26 |
239 |
|
13 |
30311349 |
17,397,887.53 |
17,397,887.53 |
34,300,000.00 |
04/27/16 |
194,557.87 |
0.15000 |
07/31/25 |
07/06/26 |
239 |
|
17 |
30311351 |
10,227,782.85 |
10,538,470.36 |
6,050,000.00 |
06/01/26 |
444,680.33 |
0.60000 |
09/30/25 |
07/06/26 |
239 |
|
18 |
30311352 |
9,795,498.32 |
9,817,495.66 |
11,400,000.00 |
02/06/26 |
368,367.35 |
0.50000 |
12/31/25 |
01/06/26 |
239 |
|
Totals |
|
117,065,519.10 |
117,398,203.95 |
876,750,000.00 |
|
(82,662,634.68) |
|
|
|
|
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 19 of 26 |
|||
|
|
|
|
|
|
Specially Serviced Loan Detail - Part 2 |
|
|
|
||||||
|
|
|
|
|
Servicing |
|
|
|
|
|
Property |
|
Transfer |
Resolution |
|
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
|
3 |
30311336 |
MU |
CA |
06/21/23 |
7 |
|
|
|
12/01/2025 - The REO Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square |
|||||
|
|
Market in San Francisco, CA. Lender completed the foreclosure action on 11/12/2025. Lender is working with the Receiver to finalize the court appointed receivership within 60 days of the sale. Management and Leasing continue to be handled |
|||||
|
|
by JLL who was working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property |
|||||
|
|
exercised co-tenancy lease termination rights and physical occupancy is below 7%. Lender cured the Ground Lease default, and the Ground Lease is in good standing. Lender has retained CBRE who is currently marketing the Property for |
|||||
|
|
sale/disposition. A sale date in late 1Q2026 is projected. |
|
|
|||
|
|
||||||
|
3a |
30311337 |
Various |
Various |
06/21/23 |
7 |
|
|
|
12/01/2025 - The REO Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square |
|||||
|
|
Market in San Francisco, CA. Lender completed the foreclosure action on 11/12/2025. Lender is working with the Receiver to finalize the court appointed receivership within 60 days of the sale. Management and Leasing continue to be handled |
|||||
|
|
by JLL who was working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property |
|||||
|
|
exercised co-tenancy lease termination rights and physical occupancy is below 7%. Lender cured the Ground Lease default, and the Ground Lease is in good standing. Lender has retained CBRE who is currently marketing the Property for |
|||||
|
|
sale/disposition. A sale date in late 1Q2026 is projected. |
|
|
|||
|
|
||||||
|
3b |
30311338 |
Various |
Various |
06/21/23 |
7 |
|
|
|
12/01/2025 - The REO Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square |
|||||
|
|
Market in San Francisco, CA. Lender completed the foreclosure action on 11/12/2025. Lender is working with the Receiver to finalize the court appointed receivership within 60 days of the sale. Management and Leasing continue to be handled |
|||||
|
|
by JLL who was working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property |
|||||
|
|
exercised co-tenancy lease termination rights and physical occupancy is below 7%. Lender cured the Ground Lease default, and the Ground Lease is in good standing. Lender has retained CBRE who is currently marketing the Property for |
|||||
|
|
sale/disposition. A sale date in late 1Q2026 is projected. |
|
|
|||
|
|
||||||
|
3c |
30311339 |
Various |
Various |
06/21/23 |
7 |
|
|
|
12/01/2025 - The REO Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square |
|||||
|
|
Market in San Francisco, CA. Lender completed the foreclosure action on 11/12/2025. Lender is working with the Receiver to finalize the court appointed receivership within 60 days of the sale. Management and Leasing continue to be handled |
|||||
|
|
by JLL who was working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property |
|||||
|
|
exercised co-tenancy lease termination rights and physical occupancy is below 7%. Lender cured the Ground Lease default, and the Ground Lease is in good standing. Lender has retained CBRE who is currently marketing the Property for |
|||||
|
|
sale/disposition. A sale date in late 1Q2026 is projected. |
|
|
|||
|
|
||||||
|
11 |
30311348 |
LO |
OH |
10/23/25 |
7 |
|
|
|
8/6/2026 - Loan transferred to Special Servicing on 10/23/2025 due to Imminent Monetary Default (maturity on 01/06/2026). Borrower and Special Servicer executed a deed in lieu of foreclosure agreement in February 2026. Minor capex items |
|||||
|
|
have been performed. The hold vs sell analysis was completed and approved. It calls for a sale at YE 2026. T-12 June 2026 KPI''s: Occupancy: 79.2% (120 index); ADR: $139.52 (132 index); RevPAR: $110.52 (158 index). |
|||||
|
|
||||||
|
|
||||||
|
12 |
30311344 |
RT |
OR |
06/03/26 |
8 |
|
|
|
Special Servicer comments are not available for this cycle. |
|
|
|||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 20 of 26 |
||||
|
|
|
|
|
|
Specially Serviced Loan Detail - Part 2 |
|
||
|
|
||||||||
|
|
|
|
|
Servicing |
|
|
|
|
|
|
|
Property |
|
Transfer |
Resolution |
|
|
|
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
|
Special Servicing Comments |
|
|
13 |
30311349 |
LO |
CA |
05/22/26 |
98 |
|
|
|
|
|
8/6/2026 - Loan has now matured. Lender has engaged counsel and sent a default letter on 7/31/2026. Borrower made a short-term extension proposal which the Lender rejected; Lender has made a counter offer. Should negotiations not result |
|||||||
|
|
in an agreement, Lender is considering next steps for putting a Receiver in place over the property. |
|
|
|
||||
|
|
||||||||
|
|
||||||||
|
17 |
30311351 |
RT |
NY |
06/11/25 |
2 |
|
|
|
|
|
8/6/2026 - Foreclosure file and making its way through NY courts and is expected to take 9-12 months to complete. Special Servicer is additionally evaluating sale of assets through the Receiver or a DIL. LOIs have been received for three of four |
|||||||
|
|
properties and are under negotiation. Counsel is working with Borrower''s counsel on consents for Receiver sales. The three properties subject to LOIs are vacant. Remaining asset is 100% leased to Walgreens. |
|||||||
|
|
||||||||
|
|
||||||||
|
18 |
30311352 |
RT |
HI |
01/07/26 |
98 |
|
|
|
|
|
8/6/2026 - The motion recommending the appointment of Colliers International - Hawaii as the receiver at the property was filed on July 13, 2026. The hearing date is scheduled for August 26, 2026. The Special Servicer continues to dual track |
|||||||
|
|
the loan and anticipates that the Borrower will submit an updated settlement proposal prior to the scheduled hearing date. |
|
|
|||||
|
|
||||||||
|
|
||||||||
|
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 |
|
||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
Page 21 of 26 |
||||
|
|
|
|
|
|
|
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 |
|
|
4 |
|
30311334 |
0.00 |
|
4.61000% |
0.00 |
4.61000% |
8 |
12/27/23 |
12/06/23 |
01/18/24 |
|
12 |
|
30311344 |
0.00 |
|
4.52000% |
0.00 |
4.52000% |
10 |
02/06/26 |
02/06/26 |
02/12/26 |
|
12 |
|
30311344 |
0.00 |
|
4.52000% |
0.00 |
4.52000% |
10 |
04/06/26 |
04/06/26 |
04/17/26 |
|
14 |
|
30311350 |
0.00 |
|
4.29000% |
0.00 |
4.29000% |
10 |
10/06/25 |
10/06/25 |
11/11/25 |
|
14 |
|
30311350 |
0.00 |
|
4.29000% |
0.00 |
4.29000% |
10 |
12/05/25 |
12/05/25 |
12/10/25 |
|
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. |
|
|
|
|
|
|
|
|
|||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 22 of 26 |
|||
|
|
|
|
|
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 |
|
8 |
30311327 02/12/21 |
40,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
10 |
30311347 01/12/22 |
22,627,069.34 |
0.00 |
26,001,679.63 |
3,735,261.33 |
26,001,679.63 |
22,266,418.30 |
360,651.04 |
0.00 |
49,538.78 |
311,112.26 |
1.24% |
|
15 |
30311333 11/13/25 |
13,992,648.95 |
0.00 |
5,302.11 |
9,588,980.31 |
5,302.11 |
(9,583,678.20) |
23,576,327.15 |
0.00 |
0.00 |
23,576,327.15 |
149.76% |
|
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 |
76,619,718.29 |
0.00 |
26,006,981.74 |
13,324,241.64 |
26,006,981.74 |
12,682,740.10 |
23,936,978.19 |
0.00 |
49,538.78 |
23,887,439.41 |
|
|
|
|
||||||||||||
|
Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
|
|
|
|
|
|||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 23 of 26 |
|||
|
|
|
|
|
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 |
|
Deal |
Deal |
12/12/25 |
727,233.53 |
0.00 |
0.00 |
0.00 |
0.00 |
727,233.53 |
0.00 |
0.00 |
1,414,999.84 |
|
|
|
11/13/25 |
687,766.31 |
0.00 |
0.00 |
0.00 |
0.00 |
687,766.31 |
0.00 |
0.00 |
|
|
8 |
30311327 |
02/25/21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
10 |
30311347 |
07/12/23 |
0.00 |
0.00 |
311,112.26 |
0.00 |
0.00 |
(49,538.78) |
0.00 |
0.00 |
311,112.26 |
|
|
|
01/12/22 |
0.00 |
0.00 |
360,651.04 |
0.00 |
0.00 |
360,651.04 |
0.00 |
0.00 |
|
|
15 |
30311333 |
11/13/25 |
0.00 |
0.00 |
23,576,327.15 |
0.00 |
0.00 |
13,992,648.95 |
0.00 |
0.00 |
13,992,648.95 |
|
Current Period Totals |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
Cumulative Totals |
|
1,414,999.84 |
0.00 |
23,887,439.41 |
0.00 |
0.00 |
15,718,761.05 |
0.00 |
0.00 |
15,718,761.05 |
|
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 24 of 26 |
||||
|
|
|
|
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) |
|
3 |
0.00 |
0.00 |
5,057.87 |
0.00 |
0.00 |
0.00 |
0.00 |
68,665.65 |
0.00 |
0.00 |
0.00 |
0.00 |
|
3a |
0.00 |
0.00 |
5,057.87 |
0.00 |
0.00 |
0.00 |
0.00 |
68,665.65 |
0.00 |
0.00 |
0.00 |
0.00 |
|
3b |
0.00 |
0.00 |
1,400.46 |
0.00 |
0.00 |
0.00 |
0.00 |
19,012.69 |
0.00 |
0.00 |
0.00 |
0.00 |
|
3c |
0.00 |
0.00 |
1,400.46 |
0.00 |
0.00 |
0.00 |
0.00 |
19,012.69 |
0.00 |
0.00 |
0.00 |
0.00 |
|
11 |
0.00 |
0.00 |
4,237.30 |
0.00 |
0.00 |
(6,690.87) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
12 |
0.00 |
0.00 |
(3,863.24) |
0.00 |
0.00 |
(35,535.55) |
0.00 |
0.00 |
(9.09) |
0.00 |
62,731.83 |
0.00 |
|
13 |
0.00 |
0.00 |
3,752.80 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
17 |
0.00 |
0.00 |
2,206.25 |
0.00 |
0.00 |
23,072.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
18 |
0.00 |
0.00 |
2,113.49 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
68.36 |
0.00 |
0.00 |
0.00 |
|
19 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
(1,216.81) |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
21,363.26 |
0.00 |
0.00 |
(19,154.41) |
0.00 |
175,356.67 |
(1,157.54) |
0.00 |
62,731.83 |
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 |
239,139.81 |
||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 25 of 26 |
|||
|
|
Supplemental Notes |
|
|
|
None |
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 26 of 26 |