Distribution Date:

08/17/26

Benchmark 2018-B7 Mortgage Trust

Determination Date:

08/11/26

 

Next Distribution Date:

09/17/26

 

Record Date:

07/31/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2018-B7

 

           

Table of Contents

 

 

Contacts

 

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2

Depositor

Deutsche Mortgage & Asset Receiving Corporation

 

 

 

Certificate Factor Detail

3

 

Lainie Kaye

 

cmbs.requests@db.com

 

Certificate Interest Reconciliation Detail

4

 

1 Columbus Circle | New York, NY 10019 | United States

 

 

 

 

Master Servicer

KeyBank National Association

 

 

Exchangeable Certificate Detail

5-6

 

 

 

 

 

 

 

Attention: Alan Williams

 

keybank_notices@keybank.com

Exchangeable Certificate Factor Detail

7

 

 

 

 

 

 

 

11501 Outlook Street, Suite 300 | Overland Park, KS 66211 | United States

 

Additional Information

8

Special Servicer

LNR Partners, LLC

 

 

Bond / Collateral Reconciliation - Cash Flows

9

 

Heather Bennett and Arne Shulkin

 

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

Bond / Collateral Reconciliation - Balances

10

 

 

 

lnr.cmbs.notices@lnrproperty.com

 

 

 

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

 

Current Mortgage Loan and Property Stratification

11-15

 

 

 

 

 

 

Special Servicer (DUMBO

Torchlight Loan Services, LLC

 

 

Mortgage Loan Detail (Part 1)

16-17

Heights Portfolio loan)

 

 

 

 

Mortgage Loan Detail (Part 2)

18-19

 

William A. Clarkson

(212) 808-3640

wclarkson@torchlightinvestors.com

 

Principal Prepayment Detail

20

 

280 Park Avenue, 11th Floor | New York, NY 10017 | United States

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Historical Detail

21

Representations Reviewer

 

 

 

Delinquency Loan Detail

22

 

David Rodgers

(212) 230-9025

 

 

Collateral Stratification and Historical Detail

23

 

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

 

 

 

Specially Serviced Loan Detail - Part 1

24

Certificate Administrator

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

 

 

 

 

 

Bank, N.A.

 

 

Specially Serviced Loan Detail - Part 2

25

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Modified Loan Detail

26

 

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

 

Historical Liquidated Loan Detail

27

 

 

 

 

 

 

Directing Holder

Eightfold Real Estate Capital, L.P.

 

 

Historical Bond / Collateral Loss Reconciliation Detail

28

 

 

 

 

 

 

 

-

 

 

Interest Shortfall Detail - Collateral Level

29

 

 

 

 

 

Supplemental Notes

30

 

 

 

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

© 2021 Computershare. All rights reserved. Confidential.

Page 1 of 30

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

     Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                      Beginning Balance

Distribution

Distribution

      Penalties

        Realized Losses              Total Distribution        Ending Balance

Support¹        Support¹

 

A-1

08162TAX1

3.436000%

20,240,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

08162TAY9

4.377000%

211,980,000.00

149,829,364.65

27,708.63

546,502.61

0.00

0.00

574,211.24

149,801,656.02

33.01%

30.00%

A-SB

08162TAZ6

4.376000%

36,078,000.00

15,893,047.62

629,518.01

57,956.65

0.00

0.00

687,474.66

15,263,529.61

33.01%

30.00%

A-3

08162TBA0

4.241000%

203,000,000.00

203,000,000.00

0.00

717,435.83

0.00

0.00

717,435.83

203,000,000.00

33.01%

30.00%

A-4

08162TBB8

4.510000%

320,279,000.00

320,279,000.00

0.00

1,203,715.24

0.00

0.00

1,203,715.24

320,279,000.00

33.01%

30.00%

A-M

08162TBD4

4.741000%

93,293,000.00

93,293,000.00

0.00

368,585.09

0.00

0.00

368,585.09

93,293,000.00

23.93%

21.75%

B

08162TBE2

4.978667%

52,300,000.00

52,300,000.00

0.00

216,986.91

0.00

0.00

216,986.91

52,300,000.00

18.85%

17.13%

C

08162TBF9

4.978667%

52,301,000.00

52,301,000.00

0.00

216,991.06

0.00

0.00

216,991.06

52,301,000.00

13.76%

12.50%

D

08162TAG8

3.000000%

32,511,000.00

32,511,000.00

0.00

81,277.50

0.00

0.00

81,277.50

32,511,000.00

10.59%

9.63%

E

08162TAJ2

3.000000%

24,030,000.00

24,030,000.00

0.00

60,075.00

0.00

0.00

60,075.00

24,030,000.00

8.25%

7.50%

F

08162TAL7

3.728667%

26,857,000.00

26,857,000.00

0.00

83,450.68

0.00

0.00

83,450.68

26,857,000.00

5.64%

5.13%

G-RR

08162TAP8

4.978667%

11,309,000.00

11,309,000.00

0.00

46,919.79

0.00

0.00

46,919.79

11,309,000.00

4.54%

4.13%

H-RR*

08162TAR4

4.978667%

11,308,000.00

11,308,000.00

0.00

46,915.64

0.00

0.00

46,915.64

11,308,000.00

3.44%

3.13%

J-RR

08162TAT0

4.978667%

35,338,680.00

35,338,679.99

0.00

90,729.45

0.00

0.00

90,729.45

35,338,679.99

0.00%

0.00%

S

08162TAU7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

08162TAW3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

VRR Interest

N/A

4.978667%

37,090,000.17

33,725,616.07

21,556.42

138,090.81

0.00

0.00

159,647.23

33,704,059.65

0.00%

0.00%

Regular SubTotal

 

1,167,914,680.17

1,061,974,708.33

678,783.06

3,875,632.26

0.00

0.00

4,554,415.32

1,061,295,925.27

 

 

 

 

X-A

08162TBC6

0.539118%

884,870,000.00

782,294,412.26

0.00

351,457.43

0.00

0.00

351,457.43

781,637,185.63

 

 

X-B

08162TAA1

0.000000%

104,601,000.00

104,601,000.00

0.00

0.00

0.00

0.00

0.00

104,601,000.00

 

 

X-D

08162TAC7

1.978667%

56,541,000.00

56,541,000.00

0.00

93,229.85

0.00

0.00

93,229.85

56,541,000.00

 

 

X-F

08162TAE3

1.250000%

26,857,000.00

26,857,000.00

0.00

27,976.04

0.00

0.00

27,976.04

26,857,000.00

 

 

Notional SubTotal

 

1,072,869,000.00

970,293,412.26

0.00

472,663.32

0.00

0.00

472,663.32

969,636,185.63

 

 

 

Deal Distribution Total

 

 

 

678,783.06

4,348,295.58

0.00

0.00

5,027,078.64

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in

 

the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 2 of 30

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

      Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

08162TAX1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

08162TAY9

706.80896618

0.13071342

2.57808572

0.00000000

0.00000000

0.00000000

0.00000000

2.70879913

706.67825276

A-SB

08162TAZ6

440.51908698

17.44880564

1.60642635

0.00000000

0.00000000

0.00000000

0.00000000

19.05523200

423.07028133

A-3

08162TBA0

1,000.00000000

0.00000000

3.53416665

0.00000000

0.00000000

0.00000000

0.00000000

3.53416665

1,000.00000000

A-4

08162TBB8

1,000.00000000

0.00000000

3.75833333

0.00000000

0.00000000

0.00000000

0.00000000

3.75833333

1,000.00000000

A-M

08162TBD4

1,000.00000000

0.00000000

3.95083329

0.00000000

0.00000000

0.00000000

0.00000000

3.95083329

1,000.00000000

B

08162TBE2

1,000.00000000

0.00000000

4.14888929

0.00000000

0.00000000

0.00000000

0.00000000

4.14888929

1,000.00000000

C

08162TBF9

1,000.00000000

0.00000000

4.14888931

0.00000000

0.00000000

0.00000000

0.00000000

4.14888931

1,000.00000000

D

08162TAG8

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

E

08162TAJ2

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

F

08162TAL7

1,000.00000000

0.00000000

3.10722270

0.00000000

0.00000000

0.00000000

0.00000000

3.10722270

1,000.00000000

G-RR

08162TAP8

1,000.00000000

0.00000000

4.14888938

0.00000000

0.00000000

0.00000000

0.00000000

4.14888938

1,000.00000000

H-RR

08162TAR4

1,000.00000000

0.00000000

4.14888928

0.00000000

0.00000000

0.00000000

0.00000000

4.14888928

1,000.00000000

J-RR

08162TAT0

999.99999972

0.00000000

2.56742612

1.58146286

29.26043984

0.00000000

0.00000000

2.56742612

999.99999972

S

08162TAU7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

08162TAW3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

VRR Interest

N/A

909.29134310

0.58119223

3.72312778

0.04942141

0.91439929

0.00000000

0.00000000

4.30432001

908.71015086

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

08162TBC6

884.07835305

0.00000000

0.39718538

0.00000000

0.00000000

0.00000000

0.00000000

0.39718538

883.33561498

X-B

08162TAA1

1,000.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

1,000.00000000

X-D

08162TAC7

1,000.00000000

0.00000000

1.64888930

0.00000000

0.00000000

0.00000000

0.00000000

1.64888930

1,000.00000000

X-F

08162TAE3

1,000.00000000

0.00000000

1.04166660

0.00000000

0.00000000

0.00000000

0.00000000

1.04166660

1,000.00000000

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 3 of 30

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

     Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

    Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

    Amount

Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-2

07/01/26 - 07/30/26

30

0.00

546,502.61

0.00

546,502.61

0.00

0.00

0.00

546,502.61

0.00

 

A-SB

07/01/26 - 07/30/26

30

0.00

57,956.65

0.00

57,956.65

0.00

0.00

0.00

57,956.65

0.00

 

A-3

07/01/26 - 07/30/26

30

0.00

717,435.83

0.00

717,435.83

0.00

0.00

0.00

717,435.83

0.00

 

A-4

07/01/26 - 07/30/26

30

0.00

1,203,715.24

0.00

1,203,715.24

0.00

0.00

0.00

1,203,715.24

0.00

 

X-A

07/01/26 - 07/30/26

30

0.00

351,457.43

0.00

351,457.43

0.00

0.00

0.00

351,457.43

0.00

 

X-B

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

X-D

07/01/26 - 07/30/26

30

0.00

93,229.85

0.00

93,229.85

0.00

0.00

0.00

93,229.85

0.00

 

X-F

07/01/26 - 07/30/26

30

0.00

27,976.04

0.00

27,976.04

0.00

0.00

0.00

27,976.04

0.00

 

A-M

07/01/26 - 07/30/26

30

0.00

368,585.09

0.00

368,585.09

0.00

0.00

0.00

368,585.09

0.00

 

B

07/01/26 - 07/30/26

30

0.00

216,986.91

0.00

216,986.91

0.00

0.00

0.00

216,986.91

0.00

 

C

07/01/26 - 07/30/26

30

0.00

216,991.06

0.00

216,991.06

0.00

0.00

0.00

216,991.06

0.00

 

D

07/01/26 - 07/30/26

30

0.00

81,277.50

0.00

81,277.50

0.00

0.00

0.00

81,277.50

0.00

 

E

07/01/26 - 07/30/26

30

0.00

60,075.00

0.00

60,075.00

0.00

0.00

0.00

60,075.00

0.00

 

F

07/01/26 - 07/30/26

30

0.00

83,450.68

0.00

83,450.68

0.00

0.00

0.00

83,450.68

0.00

 

G-RR

07/01/26 - 07/30/26

30

0.00

46,919.79

0.00

46,919.79

0.00

0.00

0.00

46,919.79

0.00

 

H-RR

07/01/26 - 07/30/26

30

0.00

46,915.64

0.00

46,915.64

0.00

0.00

0.00

46,915.64

0.00

 

J-RR

07/01/26 - 07/30/26

30

978,138.51

146,616.27

0.00

146,616.27

55,886.81

0.00

0.00

90,729.45

1,034,025.32

 

VRR Interest

07/01/26 - 07/30/26

30

32,082.03

139,923.85

0.00

139,923.85

1,833.04

0.00

0.00

138,090.81

33,915.07

 

Totals

 

 

1,010,220.54

4,406,015.44

0.00

4,406,015.44

57,719.85

0.00

0.00

4,348,295.58

1,067,940.39

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 4 of 30

 


 

 

                       

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

   Prepayment

 

 

 

 

Class

CUSIP

Rate

Balance

Beginning Balance                                 Principal Distribution               Interest Distribution

   Penalties

 

          Losses

Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

V-A-1 (V2)

N/A

N/A

663,853.22

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-1 (V1)

N/A

N/A

663,853.22

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-2 (V2)

N/A

4.978667%

6,952,747.29

4,914,264.12

908.82

20,388.74

0.00

 

0.00

21,297.56

4,913,355.30

V-A-2 (V1)

N/A

N/A

6,952,747.29

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-SB (V2)

N/A

4.978667%

1,183,324.92

521,277.22

20,647.61

2,162.72

0.00

 

0.00

22,810.33

500,629.61

V-A-SB (V1)

N/A

N/A

1,183,324.92

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-3 (V2)

N/A

4.978667%

6,658,211.63

6,658,211.63

0.00

27,624.18

0.00

 

0.00

27,624.18

6,658,211.63

V-A-3 (V1)

N/A

N/A

6,658,211.63

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-4 (V2)

N/A

4.978667%

10,504,854.00

10,504,854.00

0.00

43,583.48

0.00

 

0.00

43,583.48

10,504,854.00

V-A-4 (V1)

N/A

N/A

10,504,854.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-A-M (V2)

N/A

4.978667%

3,059,923.83

3,059,923.83

0.00

12,695.28

0.00

 

0.00

12,695.28

3,059,923.83

V-A-M (V1)

N/A

N/A

3,059,923.83

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-B (V2)

N/A

4.978667%

1,715,391.47

1,715,391.47

0.00

7,116.97

0.00

 

0.00

7,116.97

1,715,391.47

V-B (V1)

N/A

N/A

1,715,391.47

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-C (V2)

N/A

4.978667%

1,715,424.27

1,715,424.27

0.00

7,117.11

0.00

 

0.00

7,117.11

1,715,424.27

V-C (V1)

N/A

N/A

1,715,424.27

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-D (V2)

N/A

4.978667%

1,066,330.63

1,066,330.63

0.00

4,424.09

0.00

 

0.00

4,424.09

1,066,330.63

V-D (V1)

N/A

N/A

1,066,330.63

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-E (V2)

N/A

4.978667%

788,161.70

788,161.70

0.00

3,270.00

0.00

 

0.00

3,270.00

788,161.70

V-E (V1)

N/A

N/A

788,161.70

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-F (V2)

N/A

4.978667%

880,884.68

880,884.68

0.00

3,654.69

0.00

 

0.00

3,654.69

880,884.68

V-F (V1)

N/A

N/A

880,884.68

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-G (V2)

N/A

4.978667%

370,924.71

370,924.71

0.00

1,538.93

0.00

 

0.00

1,538.93

370,924.71

V-G (V1)

N/A

N/A

370,924.71

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-H (V2)

N/A

4.978667%

370,891.91

370,891.91

0.00

1,538.79

0.00

 

0.00

1,538.79

370,891.91

V-H (V1)

N/A

N/A

370,891.91

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V-J (V2)

N/A

4.978667%

1,159,075.91

1,159,075.91

0.00

2,975.84

0.00

 

0.00

2,975.84

1,159,075.91

V-J (V1)

N/A

N/A

1,159,075.91

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Regular Interest Total

 

 

74,180,000.34

33,725,616.08

21,556.43

138,090.82

0.00

 

0.00

159,647.25

33,704,059.65

 

 

 

 

 

 

 

 

 

Exchangeable Certificate Detail continued to next page

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

V1-A1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V1-A2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

V1-ASB

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

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Page 5 of 30

 


 

 

                         

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

Prepayment

 

 

 

 

 

Class

CUSIP

Rate

Balance

      Beginning Balance                           Principal Distribution                  Interest Distribution

Penalties

 

        Losses

 

Total Distribution

Ending Balance

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

V1-A3

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-A4

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-AM

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-B

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-C

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-D

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-E

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-F

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-G

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-H

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V1-J

N/A

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

V2

BCC2I7UZ1

4.978667%

37,090,000.17

33,725,616.07

21,556.42

138,090.81

0.00

 

0.00

 

159,647.23

33,704,059.65

Exchangeable Certificates Total

 

37,090,000.17

33,725,616.07

21,556.42

138,090.81

0.00

 

0.00

 

159,647.23

33,704,059.65

 

 

 

 

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Page 6 of 30

 


 

 

                     

 

 

 

Exchangeable Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

     Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

V1-A1

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-A2

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-ASB

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-A3

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-A4

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-AM

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-B

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-C

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-D

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-E

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-F

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-G

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-H

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V1-J

N/A

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

V2

BCC2I7UZ1

909.29134310

0.58119223

3.72312778

0.04942141

0.91439929

0.00000000

0.00000000

4.30432001

908.71015086

 

 

 

 

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Page 7 of 30

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

5,027,078.64

 

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

 

 

 

 

 

 

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Page 8 of 30

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,420,793.65

Master Servicing Fee

6,567.13

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,847.12

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

456.81

ARD Interest

0.00

Operating Advisor Fee

1,907.14

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

0.00

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,420,793.65

Total Fees

14,778.20

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

678,783.06

Reimbursement for Interest on Advances

5,214.92

Unscheduled Principal Collections

 

ASER Amount

24,721.33

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

25,828.32

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

1,955.28

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

678,783.06

Total Expenses/Reimbursements

57,719.85

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,348,295.58

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

678,783.06

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

5,027,078.64

Total Funds Collected

5,099,576.71

Total Funds Distributed

5,099,576.69

 

 

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Page 9 of 30

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

  Total

 

    Total

Beginning Scheduled Collateral Balance

1,061,974,708.33

1,061,974,708.33

Beginning Certificate Balance

1,061,974,708.33

(-) Scheduled Principal Collections

678,783.06

678,783.06

(-) Principal Distributions

678,783.06

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

0.00

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

0.00

0.00

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

1,061,295,925.27

1,061,295,925.27

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

1,062,231,319.82

1,062,231,319.82

Ending Certificate Balance

1,061,295,925.27

Ending Actual Collateral Balance

1,061,455,070.93

1,061,455,070.93

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.98%

 

 

 

 

UC / (OC) Interest

0.00

(1)

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

 

 

 

(2)

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

 

 

 

**

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

 

 

 

 

 

 

 

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Page 10 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

 

7,499,999 or less

12

56,438,669.57

5.32%

26

5.1847

1.746224

1.44 or less

19

412,125,471.37

38.83%

0

4.8902

1.080195

7,500,000 to 14,999,999

8

75,555,346.49

7.12%

26

4.9688

1.499099

1.45 to 1.49

2

39,036,339.79

3.68%

27

5.3108

1.453047

15,000,000 to 24,999,999

10

186,769,779.16

17.60%

21

5.0247

2.017646

1.50 to 1.74

4

106,708,075.84

10.05%

27

4.9506

1.597246

25,000,000 to 49,999,999

12

444,909,938.89

41.92%

14

5.0231

1.558203

1.75 to 1.99

8

131,662,285.01

12.41%

26

5.1328

1.843829

 

50,000,000 or greater

5

273,259,793.43

25.75%

9

4.2619

2.338557

2.00 to 2.49

4

85,379,387.87

8.04%

24

4.5187

2.366476

 

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

2.50 to 3.49

9

212,021,967.66

19.98%

25

4.6028

2.939793

 

 

 

 

 

 

 

 

3.50 and greater

1

50,000,000.00

4.71%

27

4.3500

3.610000

 

 

 

 

 

 

 

 

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

(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 30

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

Alabama

2

5,180,572.52

0.49%

25

5.1100

1.930000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

63

59,206,661.50

5.58%

15

5.1324

1.368497

Arizona

18

82,510,933.65

7.77%

22

4.9005

1.802839

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

7

181,643,162.58

17.12%

26

5.2073

1.847978

California

9

185,697,156.47

17.50%

26

4.8345

2.088283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

3

26,606,465.45

2.51%

26

4.9321

1.031672

Colorado

1

50,000,000.00

4.71%

27

4.3500

3.610000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

14

34,978,803.28

3.30%

27

5.0240

2.554177

Connecticut

1

35,695,301.97

3.36%

27

5.0500

1.110000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

102

403,052,790.47

37.98%

1

4.5741

1.749495

Delaware

2

63,911,000.71

6.02%

11

5.1296

1.483410

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

16

302,544,644.70

28.51%

26

4.8188

2.074475

Florida

49

85,589,147.02

8.06%

14

4.6082

2.006850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

7

25,787,475.29

2.43%

25

5.1303

1.889389

Illinois

3

64,815,000.00

6.11%

(16)

4.7735

1.458962

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

213

1,061,295,925.27

100.00%

16

4.8388

1.837549

Indiana

1

30,812,052.52

2.90%

27

5.6050

0.920000

 

 

 

 

 

 

 

 

Kansas

1

25,000,000.00

2.36%

23

4.7000

1.180000

 

 

 

 

 

 

 

 

Kentucky

1

6,361,664.70

0.60%

26

5.1000

1.310000

 

 

 

 

 

 

 

 

Louisiana

1

8,300,000.00

0.78%

26

5.0800

0.850000

 

 

 

 

 

 

 

 

Maryland

1

13,405,705.74

1.26%

26

4.9550

1.420000

 

 

 

 

 

 

 

 

Massachusetts

1

19,800,000.00

1.87%

26

4.6270

2.660000

 

 

 

 

 

 

 

 

Michigan

12

26,175,046.63

2.47%

27

4.9319

2.940829

 

 

 

 

 

 

 

 

Minnesota

20

9,756,967.81

0.92%

(7)

5.3290

1.497334

 

 

 

 

 

 

 

 

New Jersey

1

26,167,496.08

2.47%

26

5.5920

1.870000

 

 

 

 

 

 

 

 

New York

8

174,209,793.43

16.41%

0

4.3695

1.784077

 

 

 

 

 

 

 

 

North Carolina

3

6,545,348.77

0.62%

26

5.1900

1.770000

 

 

 

 

 

 

 

 

Ohio

2

8,047,516.72

0.76%

26

5.0900

2.450000

 

 

 

 

 

 

 

 

Pennsylvania

71

54,595,097.86

5.14%

8

5.3170

1.418160

 

 

 

 

 

 

 

 

Texas

3

48,918,092.20

4.61%

26

4.9759

1.613020

 

 

 

 

 

 

 

 

Virginia

1

2,326,108.47

0.22%

26

5.3300

1.410000

 

 

 

 

 

 

 

 

Totals

213

1,061,295,925.27

100.00%

16

4.8388

1.837549

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

 

4.2499% or less

4

213,259,793.43

20.09%

4

4.0902

2.319864

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.2500% to 4.4999%

1

50,000,000.00

4.71%

27

4.3500

3.610000

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.5000% to 4.7499%

4

103,156,000.00

9.72%

(1)

4.6565

1.222023

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.7500% to 4.9999%

12

197,864,648.49

18.64%

26

4.8572

1.879244

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0000% or greater

26

472,653,085.62

44.54%

19

5.2359

1.582175

49 months or greater

47

1,036,933,527.54

97.70%

16

4.8276

1.852528

 

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 13 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

 

61 months or less

47

1,036,933,527.54

97.70%

16

4.8276

1.852528

Interest Only

21

627,130,793.43

59.09%

10

4.5887

1.911727

 

62 months or greater

0

0.00

0.00%

0

0.0000

0.000000

299 months or less

26

409,802,734.11

38.61%

24

5.1933

1.761935

 

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

300 months to 350 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

351 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 14 of 30

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

1

24,362,397.73

2.30%

26

5.3150

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

1

3,113,524.28

0.29%

27

4.9670

1.920000

 

 

 

 

 

 

12 months or less

43

977,624,036.66

92.12%

16

4.7948

1.894358

 

 

 

 

 

 

13 months to 24 months

1

16,855,217.52

1.59%

(35)

5.2400

1.130000

 

 

 

 

 

 

25 months or greater

2

39,340,749.08

3.71%

26

5.4565

1.117279

 

 

 

 

 

 

Totals

48

1,061,295,925.27

100.00%

16

4.8388

1.837549

 

 

 

 

 

(1)

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

 

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

 

 

(2)

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

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

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Page 15 of 30

 


 

 

                                 

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                 Anticipated        Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Loan Group         Type

City

State

Type

Rate

Interest

Principal

Adjustments             Repay Date

Date

Date

Balance

Balance

Date

1

10196718

1

OF

Brooklyn

NY

Actual/360

4.050%

254,098.53

0.00

0.00

N/A

09/06/23

09/06/26

72,859,793.43

72,859,793.43

08/06/26

2

10196723

1

OF

Sunnyvale

CA

Actual/360

4.131%

179,284.79

0.00

0.00

N/A

10/06/28

--

50,400,000.00

50,400,000.00

08/06/26

3

10196724

1

RT

Aventura

FL

Actual/360

4.121%

177,442.71

0.00

0.00

N/A

07/01/28

--

50,000,000.00

50,000,000.00

08/01/26

4

10196725

1

RT

Vail

CO

Actual/360

4.350%

187,291.67

0.00

0.00

N/A

11/06/28

--

50,000,000.00

50,000,000.00

08/06/26

5

10196727

1

OF

Various

AZ

Actual/360

4.755%

204,729.17

0.00

0.00

N/A

10/06/28

--

50,000,000.00

50,000,000.00

08/06/26

6

10196731

1

RT

Newark

DE

Actual/360

5.090%

206,507.75

59,236.63

0.00

N/A

11/01/28

--

47,115,019.82

47,055,783.19

08/01/26

7

10196732

1

OF

New York

NY

Actual/360

4.910%

194,490.56

0.00

0.00

N/A

10/06/28

--

46,000,000.00

46,000,000.00

08/06/26

8

10196734

1

LO

Venice Beach

CA

Actual/360

5.130%

198,787.50

0.00

0.00

N/A

10/06/28

--

45,000,000.00

45,000,000.00

08/06/26

9

10191204

1

OF

Chicago

IL

Actual/360

4.627%

171,342.34

0.00

0.00

N/A

07/01/23

07/01/26

43,000,000.00

43,000,000.00

07/01/26

10

10192528

1

Various            Various

Various

Actual/360

5.372%

185,035.56

0.00

0.00

N/A

07/01/23

07/01/25

40,000,000.00

40,000,000.00

05/01/25

11

10196735

1

OF

New York

NY

Actual/360

4.073%

140,292.22

0.00

0.00

N/A

06/01/28

--

40,000,000.00

40,000,000.00

08/01/26

12

10196736

1

LO

Philadelphia

PA

Actual/360

5.312%

160,704.71

61,715.32

0.00

N/A

11/06/28

--

35,132,684.90

35,070,969.58

08/06/26

13

10196737

1

IN

Shelton

CT

Actual/360

5.050%

155,452.86

52,401.54

0.00

N/A

11/01/28

--

35,747,703.51

35,695,301.97

08/01/26

14

10196738

1

RT

Canutillo

TX

30/360

5.103%

132,555.99

62,972.30

0.00

N/A

10/06/28

--

31,171,307.85

31,108,335.55

08/06/26

15

10195913

1

RT

Indianapolis

IN

Actual/360

5.605%

148,941.28

46,835.57

0.00

N/A

11/06/28

--

30,858,888.09

30,812,052.52

08/06/26

16

10196739

1

LO

Edgewater

NJ

Actual/360

5.592%

126,217.74

44,133.92

0.00

N/A

10/06/28

--

26,211,630.00

26,167,496.08

08/06/26

17

10196740

1

OF

Irvine

CA

Actual/360

5.315%

111,630.10

27,999.35

0.00

N/A

10/06/28

--

24,390,397.08

24,362,397.73

08/06/26

18

10195317

1

OF

Overland Park

KS

Actual/360

4.700%

101,180.56

0.00

0.00

N/A

07/01/28

--

25,000,000.00

25,000,000.00

08/01/26

19

10196741

1

LO

Tempe

AZ

Actual/360

5.110%

95,993.39

39,897.71

0.00

N/A

10/06/28

--

21,815,303.41

21,775,405.70

08/06/26

20

10196742

1

LO

Carmel

CA

Actual/360

5.330%

97,476.28

34,572.80

0.00

N/A

10/06/28

--

21,237,948.45

21,203,375.65

08/06/26

21

10196743

1

MF

Ann Arbor

MI

Actual/360

4.967%

78,641.51

0.00

0.00

N/A

11/01/28

--

18,386,475.72

18,386,475.72

08/01/26

21B

10243973

1

 

 

 

Actual/360

4.967%

13,316.98

0.00

0.00

N/A

11/01/28

--

3,113,524.28

3,113,524.28

08/01/26

22

10196744

1

LO

Huntington Beach

CA

Actual/360

4.820%

79,074.60

31,359.14

0.00

N/A

11/01/28

--

19,051,568.97

19,020,209.83

08/01/26

23

10196745

1

SS

Various

Various

Actual/360

5.110%

84,795.08

28,266.32

0.00

N/A

09/06/28

--

19,270,392.84

19,242,126.52

08/06/26

24

10196746

1

RT

Chicopee

MA

Actual/360

4.627%

78,890.35

0.00

0.00

N/A

10/01/28

--

19,800,000.00

19,800,000.00

08/01/26

25

10195607

1

OF

Wilmington

DE

Actual/360

5.240%

76,183.62

28,617.43

0.00

N/A

09/06/23

09/05/26

16,883,834.95

16,855,217.52

08/06/26

26

10196747

1

OF

Novato

CA

Actual/360

5.155%

78,361.53

21,890.82

0.00

N/A

11/06/28

--

17,652,859.04

17,630,968.22

08/06/26

28

10196749

1

RT

Chicago

IL

Actual/360

5.130%

77,306.25

0.00

0.00

N/A

10/06/28

--

17,500,000.00

17,500,000.00

08/06/26

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 16 of 30

 


 

 

                                 

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

        Principal        Anticipated        Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Loan Group              Type

City

State

Type

Rate

Interest

Principal

     Adjustments        Repay Date

Date

Date

Balance

Balance

Date

30

10196751

1

RT

San Antonio

TX

Actual/360

4.705%

62,215.26

0.00

0.00

N/A

11/01/28

--

15,356,000.00

15,356,000.00

08/01/26

31

10196752

1

LO

Frederick

MD

Actual/360

4.955%

57,285.54

20,155.30

0.00

N/A

10/06/28

--

13,425,861.04

13,405,705.74

08/06/26

32

10196753

1

MU

Malibu

CA

Actual/360

4.828%

53,007.42

0.00

0.00

N/A

09/06/28

--

12,750,000.00

12,750,000.00

08/06/26

34

10196755

1

IN

Various

OH

Actual/360

5.090%

35,337.56

14,794.58

0.00

N/A

10/06/28

--

8,062,311.30

8,047,516.72

08/06/26

35

10196756

1

OF

Fresno

CA

Actual/360

4.920%

36,185.02

12,221.80

0.00

N/A

07/06/28

--

8,540,918.36

8,528,696.56

09/06/25

36

10196757

1

RT

New York

NY

Actual/360

4.792%

37,138.00

0.00

0.00

N/A

10/01/28

--

9,000,000.00

9,000,000.00

08/01/26

37

10196758

1

MF

Essexville

MI

Actual/360

4.849%

32,583.62

14,903.19

0.00

N/A

10/06/28

--

7,803,474.10

7,788,570.91

08/06/26

38

10196759

1

RT

Fort Myers

FL

Actual/360

5.360%

35,762.97

13,499.32

0.00

N/A

11/06/28

--

7,748,355.88

7,734,856.56

08/06/26

39

10196760

1

MU

New Orleans

LA

Actual/360

5.080%

36,307.89

0.00

0.00

N/A

10/06/28

--

8,300,000.00

8,300,000.00

08/06/26

41

10196762

1

RT

San Diego

CA

Actual/360

5.360%

33,267.79

9,218.98

0.00

N/A

11/06/28

--

7,207,754.98

7,198,536.00

06/06/26

42

10196763

1

SS

Various

NC

Actual/360

5.190%

29,305.13

11,831.87

0.00

N/A

10/06/28

--

6,557,180.63

6,545,348.76

08/06/26

43

10196764

1

RT

Florence

KY

Actual/360

5.100%

27,982.33

10,024.15

0.00

N/A

10/06/28

--

6,371,688.85

6,361,664.70

08/06/26

44

10196765

1

MF

Brooklyn

NY

Actual/360

5.390%

29,472.82

0.00

0.00

N/A

10/06/28

--

6,350,000.00

6,350,000.00

08/06/26

45

10196766

1

MU

Tempe

AZ

Actual/360

4.950%

23,715.31

7,243.35

0.00

N/A

10/06/28

--

5,563,708.80

5,556,465.45

08/06/26

46

10196767

1

IN

Lester Prairie

MN

Actual/360

5.280%

20,787.40

6,915.76

0.00

N/A

11/06/28

--

4,572,008.57

4,565,092.81

08/06/26

47

10196768

1

RT

Sugar Grove

IL

Actual/360

4.783%

17,772.17

0.00

0.00

N/A

10/06/28

--

4,315,000.00

4,315,000.00

08/06/26

48

10196769

1

RT

San Marcos

CA

Actual/360

5.300%

18,122.01

5,367.38

0.00

N/A

10/06/28

--

3,970,737.59

3,965,370.21

08/06/26

49

10196770

1

OF

Winter Garden

FL

Actual/360

5.383%

17,118.86

5,299.94

0.00

N/A

10/06/28

--

3,693,102.18

3,687,802.24

08/06/26

50

10196771

1

MF

Marble Falls

TX

Actual/360

5.060%

10,707.32

3,615.79

0.00

N/A

10/06/28

--

2,457,372.44

2,453,756.65

08/06/26

51

10196772

1

RT

Richmond

VA

Actual/360

5.330%

10,693.60

3,792.80

0.00

N/A

10/06/28

--

2,329,901.27

2,326,108.47

08/06/26

Totals

 

 

 

 

 

 

 

4,420,793.65

678,783.06

0.00

 

 

 

1,061,974,708.33

1,061,295,925.27

 

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 17 of 30

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent                Most Recent        Appraisal

 

 

 

 

   Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

    NOI End

    Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

   Servicer

NRA/WODRA

 

Pros ID

Loan Group

Fiscal NOI

NOI

Date

    Date

   Date

Reduction Amount

ASER

Advances

Advances

   Advances

from Principal

Defease Status

1

1

19,838,345.36

15,246,831.89

04/01/25

03/31/26

12/11/23

0.00

0.00

0.00

0.00

0.00

0.00

 

2

1

39,787,850.03

39,736,529.02

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

3

1

156,197,196.00

177,456,385.50

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

4

1

10,783,601.89

5,638,262.84

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

5

1

13,984,764.82

6,776,912.71

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

6

1

5,367,456.14

5,312,086.35

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

7

1

5,361,567.64

2,781,866.52

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

8

1

2,061,329.15

2,861,076.77

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

9

1

37,771,404.06

29,458,122.87

01/01/25

12/31/25

07/13/26

19,614,488.34

78,094.62

93,108.87

93,108.87

0.00

0.00

 

10

1

0.00

3,570,150.92

01/01/25

12/31/25

10/14/25

0.00

0.00

184,612.24

2,725,878.08

0.00

0.00

 

11

1

20,981,151.17

29,609,841.29

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

12

1

4,859,060.00

4,619,380.91

07/01/25

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

13

1

2,728,636.59

2,868,834.58

07/01/25

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

14

1

12,622,552.22

13,049,769.60

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

15

1

3,523,860.63

1,431,462.58

01/01/23

06/30/23

10/14/25

5,624,819.44

0.00

0.00

0.00

0.00

0.00

 

16

1

4,765,352.28

4,150,522.47

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

17

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

18

1

5,026,320.58

5,093,221.58

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

19

1

9,782,815.71

11,484,915.71

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

20

1

6,113,241.18

5,868,683.38

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

21

1

2,470,356.45

1,373,193.23

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

21B

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

22

1

3,660,756.17

3,697,653.17

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

23

1

2,732,692.44

2,663,395.17

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

24

1

2,628,158.61

2,647,602.31

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

25

1

4,133,609.51

2,554,494.22

01/01/24

09/30/24

01/12/26

0.00

0.00

0.00

0.00

0.00

0.00

 

26

1

1,127,696.77

1,029,309.17

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

28

1

1,806,394.99

1,754,499.96

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

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Page 18 of 30

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent                  Most Recent       Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

     NOI End

    Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

Pros ID

Loan Group

Fiscal NOI

NOI

Date

     Date

   Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

30

1

(82,886.69)

(30,724.67)

07/01/25

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

31

1

1,638,865.90

1,521,360.63

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

32

1

448,288.94

472,367.30

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

516.81

0.00

 

34

1

782,290.22

779,099.61

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

35

1

772,219.60

545,700.57

01/01/24

06/30/24

07/11/25

2,176,078.00

99,229.76

48,307.24

432,846.08

0.00

0.00

 

36

1

528,167.57

251,098.73

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

37

1

1,353,588.26

1,344,630.90

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

38

1

887,417.80

420,871.31

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

39

1

367,930.76

379,354.34

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

41

1

737,599.36

654,242.82

01/01/25

09/30/25

--

0.00

0.00

41,797.58

83,720.81

0.00

0.00

 

42

1

981,309.77

644,786.04

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

43

1

615,070.32

311,607.39

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

44

1

455,514.97

475,811.30

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

45

1

789,135.13

847,192.06

04/01/25

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

46

1

614,739.42

318,051.06

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

47

1

691,791.76

691,591.76

07/01/25

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

48

1

306,227.16

329,740.48

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

49

1

615,912.91

376,665.53

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

50

1

271,760.31

278,203.07

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

51

1

246,399.96

123,199.98

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

393,137,513.82

393,469,854.93

 

 

 

27,415,385.78

177,324.38

367,825.93

3,335,553.84

516.81

0.00

 

 

 

 

 

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Page 19 of 30

 


 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

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

 

 

 

 

 

 

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Page 20 of 30

 


 

 

                                       

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

Prepayments

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

Curtailments

 

Payoff

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

  Balance

#

      Balance

#

Balance

#

  Balance

#

    Balance

#

   Balance

#

  Amount

#

   Amount

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

08/17/26

1

7,198,536.00

0

0.00

1

8,528,696.56

1

40,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

4.838826%

4.822652%

16

07/17/26

2

38,066,643.07

0

0.00

1

8,540,918.36

1

40,000,000.00

0

0.00

0

0.00

1

24,932.13

0

0.00

4.839057%

4.822881%

17

06/17/26

0

0.00

0

0.00

1

8,554,252.74

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.839317%

4.823140%

18

05/15/26

0

0.00

0

0.00

1

8,566,366.72

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.839545%

4.823367%

19

04/17/26

0

0.00

0

0.00

1

8,579,597.19

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.839792%

4.823613%

20

03/17/26

0

0.00

0

0.00

1

8,591,604.25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.840018%

4.823837%

21

02/18/26

0

0.00

0

0.00

1

8,607,074.66

0

0.00

0

0.00

1

17,061,651.15

0

0.00

1

18,000,000.00

4.840305%

4.824122%

22

01/16/26

1

18,000,000.00

0

0.00

1

8,618,965.79

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

4.857334%

4.841216%

23

12/17/25

0

0.00

0

0.00

1

8,630,806.76

0

0.00

0

0.00

0

0.00

1

6,612.81

0

0.00

4.857542%

4.841422%

24

11/18/25

1

7,286,345.09

0

0.00

1

8,643,774.11

0

0.00

0

0.00

0

0.00

1

10,327.15

0

0.00

4.857770%

4.841648%

25

10/20/25

0

0.00

0

0.00

2

39,955,869.58

0

0.00

0

0.00

1

35,706,219.28

0

0.00

0

0.00

4.858213%

4.842093%

26

09/17/25

0

0.00

1

31,349,941.85

1

8,668,376.89

0

0.00

0

0.00

0

0.00

1

10,873.07

0

0.00

4.858435%

4.842314%

27

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 30

 


 

 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

   Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

     Servicer

Actual Principal

Transfer

Strategy

    Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

     Advances

Balance

Date

Code²

 

Date

Date

REO Date

9

10191204

07/01/26

0

5

 

93,108.87

93,108.87

0.00

43,000,000.00

02/12/26

98

 

 

 

 

10

10192528

05/01/25

14

5

 

184,612.24

2,725,878.08

0.00

40,000,000.00

11/13/24

2

 

 

06/26/26

 

35

10196756

09/06/25

10

6

 

48,307.24

432,846.08

171,050.23

8,668,376.89

01/17/25

2

 

 

 

 

41

10196762

06/06/26

1

1

 

41,797.58

83,720.81

0.00

7,218,001.34

 

 

 

 

 

 

Totals

 

 

 

 

 

367,825.93

3,335,553.84

171,050.23

98,886,378.23

 

 

 

 

 

 

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 30

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

         Total

      Performing

Non-Performing

                 REO/Foreclosure

 

 

Past Maturity

 

83,000,000

0

     43,000,000

40,000,000

 

0 - 6 Months

 

89,715,011

89,715,011

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

123,528,697

115,000,000

8,528,697

 

0

 

25 - 36 Months

765,052,218

757,853,682

7,198,536

 

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

1,061,295,925

1,005,568,693

7,198,536

0

 

8,528,697

40,000,000

 

Jul-26

1,061,974,708

975,367,147

38,066,643

0

 

8,540,918

40,000,000

 

Jun-26

1,062,733,954

1,014,179,701

0

0

 

48,554,253

0

 

May-26

1,063,406,298

1,014,839,932

0

0

 

48,566,367

0

 

Apr-26

1,064,134,499

1,015,554,902

0

0

 

48,579,597

0

 

Mar-26

1,064,800,573

1,016,208,968

0

0

 

48,591,604

0

 

Feb-26

1,065,640,866

1,017,033,791

0

0

 

48,607,075

0

 

Jan-26

1,084,300,191

1,017,681,225

18,000,000

0

 

48,618,966

0

 

Dec-25

1,084,956,565

1,036,325,758

0

0

 

48,630,807

0

 

Nov-25

1,085,675,920

1,029,745,801

7,286,345

0

 

48,643,774

0

 

Oct-25

1,087,006,996

989,189,570

0

0

 

97,817,425

0

 

Sep-25

1,087,710,856

1,007,692,538

0

31,349,942

 

48,668,377

0

 

(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 30

 


 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

1

10196718

72,859,793.43

72,859,793.43

226,300,000.00

07/18/24

15,246,831.89

1.40000

--

09/06/23

I/O

9

10191204

43,000,000.00

43,000,000.00

414,000,000.00

05/31/23

29,458,122.87

1.19000

--

07/01/23

I/O

10

10192528

40,000,000.00

40,000,000.00

 

--

3,570,150.92

1.39000

--

07/01/23

I/O

15

10195913

30,812,052.52

30,812,052.52

28,400,000.00

04/03/26

1,431,462.58

1.04000

--

11/06/28

266

35

10196756

8,528,696.56

8,668,376.89

7,330,000.00

05/21/26

545,700.57

1.88000

--

07/06/28

266

Totals

 

195,200,542.51

195,340,222.84

676,030,000.00

 

50,252,268.83

 

 

 

 

 

 

 

 

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Page 24 of 30

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

1

10196718

OF

NY

02/10/26

13

 

 

 

"

7/13/2026  DUMBO Heights Whole Loan is secured by 4 office buildings in Brooklyn, NY totaling 753,074 SF. Borrower sent a hardship letter stating due to the commencement of the Extension Free Rent Period as defined in the Etsy Lease

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

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

 

 

"

 

 

 

 

 

 

 

 

 

9

10191204

OF

IL

02/12/26

98

 

 

 

"

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

Event of De fault.

 

 

 

 

 

 

"

 

 

 

 

 

 

 

 

 

10

10192528

Various

Various

11/13/24

2

 

 

 

"

10/30/2024  In accordance with Section 5.1.20 of the Loan Agreement dated 06/08/18, Any Major Lease with respect to any individual Property written after the date hereof, shall be subject to prior written approval of Lender, which approval

shall no t be unreasonably withheld, conditioned or delayed. Upon request, Borrower shall furnish Lender with executed copies of all Leases. Major Lease shall mean any Lease which, either individually or when taken together with any other

Lease with the same Tenan t or its Affiliates either (a) demises in excess of 100,000 rentable square feet in the Improvements at any Individual Property or (b) demises in excess of 35,000 rentable square feet and is intended to be the only Lease

at any Individual Property.

 

 

 

 

 

 

 

10 /30/2024   Per 2Q24 (6/30/2024) Consolidated OSAR, NCF DSCR decreased (16.7%) from [1.32x at YE23 to 1.10x at 2Q24]. This decrease is primarily due to a (7.5%) [13mm] decrease in EGI. EGI decreased due to a (9.1%) [10mm]

decrease in base rent. The decrease in base rent is caused by a decrease in overall occupancy from [78.55% at YE23 to 75.96% at 2Q24]. TOE increased 5.0% [3.7mm], due to a 49.6% [8.5mm] increase in R&M. Analyst will reach out to

borrower for further insight as to what is causing this increase. Due to current NCF DSCR being below the threshold for 1F (75% of UW NCF [*1.57x]), Analyst recommends loan remain on WL for trigg 1F.

 

10/8/2024  Loan is a part of a 25 piece debt stack totaling approximately $1.3B

 

 

 

 

3/28/2024  Per 4Q23 (1 2/31/2023) Consolidated OSAR: NCF DSCR decreased (7.7%) from [1.43x at YE22 to 1.32x at 4Q23]. This is due to (0.3%) decrease in EGI. This decrease in EGI is caused by a (4.1%) [3mil] decrease in Expense

reimbursement. TOE decreased (3.8%) [3mil], mainly

 

 

 

 

15

10195913

RT

IN

08/09/23

2

 

 

 

"

8/11/2026   The Loan transferred to SS on 8/9/2023 for imminent default due to cash flow issues. The collateral consists of a 279K SF anchored retail strip center located in Indianapolis, IN built from 1983 to 1985, and renovated in 2005. The

center sits on a 30.35-acre site and is adjacent to Castleton Square Mall. The top three tenants include Floor and Decor (72K SF/25% NRA), Dave & Buster's (35K SF/12.5% NRA), and REI (11.9K SF/4% NRA). Foreclosure has been filed and a

receiver has been appointed. Receiver is addressing capex matters, including roof and parking lot repairs. Lender will dual track foreclosure while evaluating alternative workout options, which includes a receivership sale and assumption.

"

 

 

 

 

 

 

 

 

 

35

10196756

OF

CA

01/17/25

2

 

 

 

"

8/13/2026   Loan transferred on 1/17/25 for Imminent Default due to cash flow issues. Collateral consists of a single-story office development (""Property"") located in Fresno, CA. Built in 1975 and renovated in 2018, Property consists of

71,407 NRS F across three buildings occupied by two State of California agencies: 1) California Department of Justice (35,400 SF); 2) California State Water Resources Control Board (20,783 SF). Loan is due for the 10/6/25 payment. Notice of

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

delayed due to ongoing litigation involving the guarantor and a judgment creditor. The foreclosure sale is being rescheduled on a monthly basis due to the ongoing litigation. Lender will take title once the litigation is resolved.

"

 

 

 

 

 

 

 

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 25 of 30

 


 

 

                     

 

 

 

 

 

Modified Loan Detail

 

 

 

 

 

                                                             Pre-Modification

                  Post-Modification

 

 

 

Modification

Modification

 

 

Loan

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

                   

 Balance

Rate

           Balance

Rate

 

 

 

 

Pros ID

Loan Number

Group

 

 

 

 

Code¹

Date

Date

Date

1

10196718

1

0.00

4.05000%

0.00

4.05000%

1

05/22/24

05/22/24

05/22/24

8

10196734

1

0.00

5.13000%

0.00

5.13000%

8

11/11/21

02/19/21

11/11/21

9

10191204

1

0.00

4.62740%

0.00

4.62740%

1

08/07/23

08/07/23

09/01/23

9

10191204

1

0.00

4.62740%

0.00

4.62740%

1

09/01/23

08/07/23

08/07/23

10

10192528

1

0.00

5.37200%

0.00

5.37200%

1

07/01/23

07/01/23

07/01/23

12

10196736

1

0.00

5.31200%

0.00

5.31200%

8

09/25/25

09/25/25

10/01/25

16

10196739

1

0.00

5.59200%

0.00

5.59200%

8

11/11/21

07/08/21

11/11/21

25

10195607

1

0.00

5.24000%

0.00

5.24000%

1

05/30/24

05/30/24

05/30/24

25

10195607

1

0.00

5.24000%

0.00

5.24000%

1

01/27/26

01/27/26

01/27/26

32

10196753

1

0.00

4.82800%

0.00

4.82800%

8

06/11/21

04/05/21

06/11/21

36

10196757

1

0.00

4.79200%

0.00

4.79200%

8

03/01/22

03/01/22

04/11/22

36

10196757

1

0.00

4.79200%

0.00

4.79200%

8

04/11/22

03/01/22

03/01/22

Totals

 

 

0.00

 

0.00

 

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

 

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

 

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

 

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 26 of 30

 


 

 

                           

 

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

 

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

 

Loan

 

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹

Number

Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

    Loan

     Loan

Adjustment

Balance

27

10196748

02/18/26

18,000,000.00

166,800,000.00

18,603,988.64

603,988.64

18,603,988.64

18,000,000.00

0.00

0.00

0.00

0.00

0.00%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

18,000,000.00

166,800,000.00

18,603,988.64

603,988.64

18,603,988.64

18,000,000.00

0.00

0.00

0.00

0.00

 

 

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

 

 

 

 

 

 

 

 

 

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Page 27 of 30

 


 

 

                       

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

     Reimb of Prior

 

 

 

 

 

 

 

 

 

 

Interest Paid

      Realized Losses

 

     Loss Covered by

 

 

 

 

    Total Loss

 

 

 

from Collateral

     from Collateral

Aggregate

     Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

    Applied to

 

Loan

Distribution

Principal

      Interest

Realized Loss to

    Support/Deal

Certificate

Certificate

Principal

from

    Certificate

Pros ID

Number

Date

Collections

      Collections

Loan

      Structure

Interest Payment

     Balance

Adjustment

NRA/WODRA

      Balance

27

10196748

02/18/26

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Cumulative Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

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Page 28 of 30

 


 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

 Modified

 

 

   Deferred

 

 

 

 

 

Non-

 

Reimbursement of

  Other

  Interest

 

   Interest

    Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

  Shortfalls /

   Reduction /

Pros ID

    Adjustments

    Collected

Monthly

Liquidation

Work Out

ASER

PPIS / (PPIE)

Interest

Advances

Interest

   (Refunds)

    (Excess)

1

0.00

0.00

15,685.09

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

9

0.00

0.00

0.00

0.00

0.00

78,094.62

0.00

0.00

0.00

0.00

0.00

0.00

14

0.00

0.00

0.00

0.00

1,955.28

0.00

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

6,643.23

0.00

0.00

(53,373.29)

0.00

0.00

2,510.04

0.00

0.00

0.00

35

0.00

0.00

3,500.00

0.00

0.00

0.00

0.00

0.00

2,304.70

0.00

0.00

0.00

41

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

400.18

0.00

0.00

0.00

Total

0.00

0.00

25,828.32

0.00

1,955.28

24,721.33

0.00

0.00

5,214.92

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

57,719.85

 

 

 

 

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Page 29 of 30

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 30 of 30