|
Distribution Date: |
10/19/26 |
Wells Fargo Commercial Mortgage Trust 2016-L24 |
|
Determination Date: |
10/13/26 |
|
|
Next Distribution Date: |
11/18/26 |
|
|
Record Date: |
09/30/26 |
Commercial Mortgage Pass-Through Certificates |
|
|
|
Series 2016-LC24 |
|
Table of Contents |
|
|
|
Contacts |
|
|
Section |
Pages |
Role |
Party and Contact Information |
|
|
|
Certificate Distribution Detail |
2-3 |
Depositor |
Wells Fargo Commercial Mortgage Securities, Inc. |
|
|
|
Certificate Factor Detail |
4 |
|
Attention: A.J. Sfarra |
|
cmbsnotices@wellsfargo.com |
|
Certificate Interest Reconciliation Detail |
5 |
|
30 Hudson Yards, 15th Floor | New York, NY 10001 | United States |
|
|
|
|
|
Master Servicer |
Trimont LLC |
|
|
|
Additional Information |
6 |
|
|
|
|
|
|
|
|
Attention: CMBS Servicing |
|
commercial.servicing@trimont.com |
|
Bond / Collateral Reconciliation - Cash Flows |
7 |
|
|
|
|
|
|
|
|
One South, 101 South Tryon Street, Suite 1400 | Charlotte, NC 28280 | United States |
|
|
|
Bond / Collateral Reconciliation - Balances |
8 |
Co-op Master Servicer |
National Cooperative Bank, N.A. |
|
|
|
Current Mortgage Loan and Property Stratification |
9-13 |
|
Tom Klump |
(703) 302-8080 |
tklump@ncb.coop |
|
Mortgage Loan Detail (Part 1) |
14 |
|
2011 Crystal Drive, Suite 800 | Arlington, VA 22202 | United States |
|
|
|
Mortgage Loan Detail (Part 2) |
15 |
Co-op Special Servicer |
National Cooperative Bank, N.A. |
|
|
|
Principal Prepayment Detail |
16 |
|
Tom Klump |
(703) 302-8080 |
tklump@ncb.coop |
|
Historical Detail |
17 |
|
2011 Crystal Drive, Suite 800 | Arlington, VA 22202 | United States |
|
|
|
Delinquency Loan Detail |
18 |
Special Servicer |
Argentic Services Company LP |
|
|
|
|
|
|
Attention: Andrew Hundertmark and John Mayfield |
ahundertmark@argenticservices.com; |
|
|
Collateral Stratification and Historical Detail |
19 |
|
|
|
jmayfield@argenticservices.com |
|
Specially Serviced Loan Detail - Part 1 |
20 |
|
740 East Campbell Road, Suite 600 | Richardson, TX 75081 | United States |
|
|
|
Specially Serviced Loan Detail - Part 2 |
21-22 |
Operating Trust Advisor |
BellOak, LLC |
|
|
|
Modified Loan Detail |
23 |
|
Attention: Reporting |
|
Reporting@belloakadvisors.com |
|
Historical Liquidated Loan Detail |
24 |
|
200 N. Pacific Coast Highway, Suite 1400| El Segundo, CA 90245 | United States |
|
|
|
|
|
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
|
|
|
Historical Bond / Collateral Loss Reconciliation Detail |
25 |
|
Bank, N.A. |
|
|
|
Interest Shortfall Detail - Collateral Level |
26 |
|
Corporate Trust Services (CMBS) |
|
cctcmbsbondadmin@computershare.com; |
|
|
|
|
|
|
trustadministrationgroup@computershare.com |
|
Supplemental Notes |
27 |
|
|
|
|
|
|
|
|
9062 Old Annapolis Road | Columbia, MD 21045 | United States |
|
|
|
|
|
Asset Representations |
BellOak, LLC |
|
|
|
|
|
Reviewer |
|
|
|
|
|
|
|
Attention: Reporting |
|
Reporting@belloakadvisors.com |
|
|
|
|
200 N. Pacific Coast Highway, Suite 1400| El Segundo, CA 90245 | United States |
|
|
|
|
|
Trustee |
Wilmington Trust, National Association |
|
|
|
|
|
|
Attention: CMBS Trustee |
(302) 636-4140 |
CMBSTrustee@wilmingtontrust.com |
|
|
|
|
1100 North Market Street | Wilmington, DE 19890 | United States |
|
|
This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 27 |
|
|
|
|
|
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 |
95000HBC5 |
1.441000% |
41,394,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-2 |
95000HBD3 |
2.501000% |
55,655,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-3 |
95000HBE1 |
2.684000% |
275,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-4 |
95000HBF8 |
2.942000% |
290,568,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-SB |
95000HBG6 |
2.825000% |
69,133,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-S |
95000HBH4 |
3.367000% |
94,083,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
21.00% |
|
B |
95000HBL5 |
3.621000% |
48,347,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
16.38% |
|
C |
95000HBM3 |
4.425637% |
44,428,000.00 |
43,980,481.55 |
5,177.11 |
162,201.36 |
0.00 |
0.00 |
167,378.47 |
43,975,304.44 |
72.11% |
12.13% |
|
D |
95000HAL6 |
3.214000% |
49,655,000.00 |
49,655,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
49,655,000.00 |
40.61% |
7.38% |
|
E |
95000HAN2 |
2.656637% |
13,067,000.00 |
13,067,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
13,067,000.00 |
32.32% |
6.13% |
|
F |
95000HAQ5 |
2.656637% |
10,453,000.00 |
10,453,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
10,453,000.00 |
25.69% |
5.13% |
|
G |
95000HAS1 |
2.656637% |
10,454,000.00 |
10,454,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
10,454,000.00 |
19.06% |
4.13% |
|
H |
95000HAU6 |
2.656637% |
10,453,000.00 |
10,453,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
10,453,000.00 |
12.43% |
3.13% |
|
I |
95000HAW2 |
2.656637% |
32,668,263.00 |
19,759,887.72 |
0.00 |
0.00 |
0.00 |
160,003.53 |
0.00 |
19,599,884.19 |
0.00% |
0.00% |
|
V |
95000HAY8 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
R |
95000HBA9 |
0.000000% |
100.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
Regular SubTotal |
|
|
1,045,358,363.00 |
157,822,369.27 |
5,177.11 |
162,201.36 |
0.00 |
160,003.53 |
167,378.47 |
157,657,188.63 |
|
|
|
|
||||||||||||
|
|
||||||||||||
|
X-A |
95000HBJ0 |
4.425637% |
731,750,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
X-B |
95000HBK7 |
4.425637% |
142,430,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
X-D |
95000HAA0 |
1.211637% |
49,655,000.00 |
49,655,000.00 |
0.00 |
50,136.51 |
0.00 |
0.00 |
50,136.51 |
49,655,000.00 |
|
|
|
X-EF |
95000HAC6 |
1.769000% |
23,520,000.00 |
23,520,000.00 |
0.00 |
34,672.40 |
0.00 |
0.00 |
34,672.40 |
23,520,000.00 |
|
|
|
X-G |
95000HAE2 |
1.769000% |
10,454,000.00 |
10,454,000.00 |
0.00 |
15,410.94 |
0.00 |
0.00 |
15,410.94 |
10,454,000.00 |
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
Certificate Distribution Detail continued to next page |
|||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 2 of 27 |
||||
|
|
|
|
|
Certificate Distribution Detail |
|
|
|
|
|||
|
|
|||||||||||
|
|
|
|
|
|
|
|
|
|
|
Current |
Original |
|
|
|
Pass-Through |
|
|
Principal |
Interest |
Prepayment |
|
|
Credit |
Credit |
|
Class |
CUSIP |
Rate (2) |
Original Balance |
Beginning Balance |
Distribution |
Distribution |
Penalties |
Realized Losses Total Distribution |
Ending Balance Support¹ |
Support¹ |
|
|
|
|||||||||||
|
X-H |
95000HAG7 |
1.769000% |
10,453,000.00 |
10,453,000.00 |
0.00 |
15,409.46 |
0.00 |
0.00 |
15,409.46 |
10,453,000.00 |
|
|
X-I |
95000HAJ1 |
1.769000% |
32,668,263.00 |
19,759,887.71 |
0.00 |
29,129.37 |
0.00 |
0.00 |
29,129.37 |
19,599,884.19 |
|
|
Notional SubTotal |
|
1,000,930,263.00 |
113,841,887.71 |
0.00 |
144,758.68 |
0.00 |
0.00 |
144,758.68 |
113,681,884.19 |
|
|
|
|
|||||||||||
|
Deal Distribution Total |
|
|
|
5,177.11 |
306,960.04 |
0.00 |
160,003.53 |
312,137.15 |
|
|
|
|
|
|||||||||||
|
* |
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 3 of 27 |
|||
|
|
|
|
|
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 |
95000HBC5 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
95000HBD3 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-3 |
95000HBE1 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-4 |
95000HBF8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-SB |
95000HBG6 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-S |
95000HBH4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
B |
95000HBL5 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
C |
95000HBM3 |
989.92710790 |
0.11652809 |
3.65088143 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.76740952 |
989.81057981 |
|
D |
95000HAL6 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.67833330 |
27.10549210 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
E |
95000HAN2 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.21386393 |
34.13726334 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
F |
95000HAQ5 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.21386396 |
34.13726394 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
G |
95000HAS1 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.21386359 |
34.13726325 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
H |
95000HAU6 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.21386396 |
42.66886827 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
I |
95000HAW2 |
604.86496389 |
0.00000000 |
0.00000000 |
1.33908864 |
93.41081373 |
0.00000000 |
4.89782790 |
0.00000000 |
599.96713599 |
|
V |
95000HAY8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
95000HBA9 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
|
||||||||||
|
Notional Certificates |
|
|
|
|
|
|
|
|
|
|
|
X-A |
95000HBJ0 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
X-B |
95000HBK7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
X-D |
95000HAA0 |
1,000.00000000 |
0.00000000 |
1.00969711 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.00969711 |
1,000.00000000 |
|
X-EF |
95000HAC6 |
1,000.00000000 |
0.00000000 |
1.47416667 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.47416667 |
1,000.00000000 |
|
X-G |
95000HAE2 |
1,000.00000000 |
0.00000000 |
1.47416683 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.47416683 |
1,000.00000000 |
|
X-H |
95000HAG7 |
1,000.00000000 |
0.00000000 |
1.47416627 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.47416627 |
1,000.00000000 |
|
X-I |
95000HAJ1 |
604.86496359 |
0.00000000 |
0.89167183 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.89167183 |
599.96713599 |
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 4 of 27 |
|||
|
|
|
|
|
Certificate Interest Reconciliation Detail |
|
|
|
|
||||
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
Additional |
|
|
|
|
|
|
|
|
Accrued |
Net Aggregate |
Distributable |
Interest |
|
Interest |
|
|
|
|
|
|
Accrual |
Prior Interest |
Certificate |
Prepayment |
Certificate |
Shortfalls / |
Payback of Prior |
Distribution |
Interest |
Cumulative |
|
|
Class |
Accrual Period |
Days |
Shortfalls |
Interest |
Interest Shortfall |
Interest |
(Paybacks) |
Realized Losses |
Amount |
Distribution |
Interest Shortfalls |
|
|
A-1 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-2 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-3 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-4 |
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-S |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
B |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
C |
09/01/26 - 09/30/26 |
30 |
0.00 |
162,201.36 |
0.00 |
162,201.36 |
0.00 |
0.00 |
0.00 |
162,201.36 |
0.00 |
|
|
D |
09/01/26 - 09/30/26 |
30 |
1,209,690.61 |
132,992.64 |
0.00 |
132,992.64 |
132,992.64 |
0.00 |
0.00 |
0.00 |
1,345,923.21 |
|
|
E |
09/01/26 - 09/30/26 |
30 |
416,221.60 |
28,928.56 |
0.00 |
28,928.56 |
28,928.56 |
0.00 |
0.00 |
0.00 |
446,071.62 |
|
|
F |
09/01/26 - 09/30/26 |
30 |
332,958.18 |
23,141.52 |
0.00 |
23,141.52 |
23,141.52 |
0.00 |
0.00 |
0.00 |
356,836.82 |
|
|
G |
09/01/26 - 09/30/26 |
30 |
332,990.02 |
23,143.73 |
0.00 |
23,143.73 |
23,143.73 |
0.00 |
0.00 |
0.00 |
356,870.95 |
|
|
H |
09/01/26 - 09/30/26 |
30 |
421,942.04 |
23,141.52 |
0.00 |
23,141.52 |
23,141.52 |
0.00 |
0.00 |
0.00 |
446,017.68 |
|
|
I |
09/01/26 - 09/30/26 |
30 |
3,001,179.13 |
43,745.70 |
0.00 |
43,745.70 |
43,745.70 |
0.00 |
0.00 |
0.00 |
3,051,569.03 |
|
|
X-A |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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 |
09/01/26 - 09/30/26 |
30 |
0.00 |
50,136.51 |
0.00 |
50,136.51 |
0.00 |
0.00 |
0.00 |
50,136.51 |
0.00 |
|
|
X-EF |
09/01/26 - 09/30/26 |
30 |
0.00 |
34,672.40 |
0.00 |
34,672.40 |
0.00 |
0.00 |
0.00 |
34,672.40 |
0.00 |
|
|
X-G |
09/01/26 - 09/30/26 |
30 |
0.00 |
15,410.94 |
0.00 |
15,410.94 |
0.00 |
0.00 |
0.00 |
15,410.94 |
0.00 |
|
|
X-H |
09/01/26 - 09/30/26 |
30 |
0.00 |
15,409.46 |
0.00 |
15,409.46 |
0.00 |
0.00 |
0.00 |
15,409.46 |
0.00 |
|
|
X-I |
09/01/26 - 09/30/26 |
30 |
0.00 |
29,129.37 |
0.00 |
29,129.37 |
0.00 |
0.00 |
0.00 |
29,129.37 |
0.00 |
|
|
Totals |
|
|
5,714,981.58 |
582,053.71 |
0.00 |
582,053.71 |
275,093.67 |
0.00 |
0.00 |
306,960.04 |
6,003,289.31 |
|
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 5 of 27 |
||||
|
|
Additional Information |
|
|
Total Available Distribution Amount (1) |
312,137.15 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
|
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 6 of 27 |
|
Bond / Collateral Reconciliation - Cash Flows |
|
||
|
|
|||
|
Total Funds Collected |
|
Total Funds Distributed |
|
|
Interest |
|
Fees |
|
|
Interest Paid or Advanced |
584,045.55 |
Master Servicing Fee |
643.75 |
|
Interest Reductions due to Nonrecoverability Determination |
(323,913.06) |
Certificate Administrator Fee |
472.81 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
290.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
65.76 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
114.43 |
|
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Asset Representations Reviewer Fee |
32.88 |
|
Extension Interest |
0.00 |
|
|
|
Interest Reserve Withdrawal |
0.00 |
|
|
|
Total Interest Collected |
260,132.49 |
Total Fees |
1,619.63 |
|
|
|||
|
Principal |
|
Expenses/Reimbursements |
|
|
Scheduled Principal |
134,247.55 |
Reimbursement for Interest on Advances |
34.49 |
|
Unscheduled Principal Collections |
|
ASER Amount |
78,661.99 |
|
Principal Prepayments |
0.00 |
Special Servicing Fees (Monthly) |
30,999.93 |
|
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 |
30,933.09 |
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 |
1,859.94 |
|
Total Principal Collected |
165,180.64 |
Total Expenses/Reimbursements |
111,556.35 |
|
|
|||
|
|
|
Interest Reserve Deposit |
0.00 |
|
|
|||
|
Other |
|
Payments to Certificateholders and Others |
|
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
306,960.04 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
5,177.11 |
|
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 |
312,137.15 |
|
Total Funds Collected |
425,313.13 |
Total Funds Distributed |
425,313.13 |
|
|
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
Page 7 of 27 |
|
|
|
Bond / Collateral Reconciliation - Balances |
|
||
|
|
|||||
|
|
|
Collateral Reconciliation |
|
Certificate Reconciliation |
|
|
|
|
|
Total |
|
Total |
|
Beginning Scheduled Collateral Balance |
157,822,369.27 |
157,822,369.27 |
Beginning Certificate Balance |
157,822,369.27 |
|
|
(-) Scheduled Principal Collections |
134,247.55 |
134,247.55 |
(-) Principal Distributions |
5,177.11 |
|
|
(-) Unscheduled Principal Collections |
30,933.09 |
30,933.09 |
(-) Realized Losses |
160,003.53 |
|
|
(-) 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 |
160,003.53 |
|
|
|
|
|
|
Non-Cash Principal Adjustments |
0.00 |
|
Ending Scheduled Collateral Balance |
157,657,188.63 |
157,657,188.63 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
159,015,112.96 |
159,015,112.96 |
Ending Certificate Balance |
157,657,188.63 |
|
|
Ending Actual Collateral Balance |
158,947,701.17 |
158,947,701.17 |
|
|
|
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|
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 |
12,756,079.56 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
0.00 |
|
|
Ending Cumulative Advances |
12,756,079.56 |
0.00 |
Net WAC Rate |
4.43% |
|
|
|
|
|
|
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 8 of 27 |
||
|
|
|
|
|
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 |
|
|
1,000,000 or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
1.20 or less |
7 |
130,230,653.19 |
82.60% |
(2) |
4.5003 |
0.067358 |
|
1,000,001 to 2,000,000 |
1 |
1,076,590.62 |
0.68% |
(8) |
5.3900 |
1.955200 |
1.21 to 1.30 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
2,000,001 to 3,000,000 |
1 |
2,595,917.83 |
1.65% |
(1) |
3.4400 |
2.120000 |
1.31 to 1.40 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
3,000,001 to 4,000,000 |
1 |
3,754,026.99 |
2.38% |
(1) |
4.5600 |
1.849400 |
1.41 to 1.50 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4,000,001 to 5,000,000 |
1 |
4,933,205.64 |
3.13% |
(2) |
4.3800 |
0.761600 |
1.51 to 1.75 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
5,000,001 to 6,000,000 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
1.76 to 2.00 |
2 |
4,830,617.61 |
3.06% |
(3) |
4.7450 |
1.872979 |
|
|
6,000,001 to 7,000,000 |
1 |
6,517,052.78 |
4.13% |
(1) |
4.8000 |
(0.023200) |
2.01 to 2.25 |
2 |
22,595,917.83 |
14.33% |
(3) |
4.0321 |
2.155405 |
|
|
7,000,001 to 8,000,000 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
2.26 to 2.50 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
8,000,001 to 9,000,000 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
2.51 to 2.75 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
9,000,001 to 10,000,000 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
2.76 to 3.00 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
10,000,001 to 15,000,000 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
3.01 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
15,000,001 to 20,000,000 |
3 |
52,900,810.65 |
33.55% |
(2) |
4.4538 |
0.808607 |
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
20,000,001 to 30,000,000 |
2 |
52,000,000.00 |
32.98% |
(4) |
4.2082 |
(0.240804) |
|
|
|
|
|
|
|
|
|
30,000,001 to 50,000,000 |
1 |
33,879,584.12 |
21.49% |
(2) |
4.7500 |
0.534600 |
|
|
|
|
|
|
|
|
|
|
50,000,001 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
|
|
|
|
|
|
(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 9 of 27 |
||||
|
|
|
|
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 |
1 |
27,000,000.00 |
17.13% |
(4) |
4.3000 |
(1.118400) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lodging |
1 |
6,517,052.78 |
4.13% |
(1) |
4.8000 |
(0.023200) |
|
New York |
2 |
47,595,917.83 |
30.19% |
(3) |
4.0725 |
0.784066 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Multi-Family |
1 |
2,595,917.83 |
1.65% |
(1) |
3.4400 |
2.120000 |
|
Ohio |
1 |
3,754,026.99 |
2.38% |
(1) |
4.5600 |
1.849400 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Office |
6 |
143,713,600.41 |
91.16% |
(2) |
4.4322 |
0.160481 |
|
Pennsylvania |
1 |
33,879,584.12 |
21.49% |
(2) |
4.7500 |
0.534600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail |
2 |
4,830,617.61 |
3.06% |
(3) |
4.7450 |
1.872979 |
|
South Carolina |
1 |
6,517,052.78 |
4.13% |
(1) |
4.8000 |
(0.023200) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals |
10 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
Tennessee |
1 |
4,933,205.64 |
3.13% |
(2) |
4.3800 |
0.761600 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Texas |
2 |
32,900,810.65 |
20.87% |
(1) |
4.6634 |
(0.012888) |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Virginia |
1 |
1,076,590.62 |
0.68% |
(8) |
5.3900 |
1.955200 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Totals |
10 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
Note: Please refer to footnotes on the next page of the report. |
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 10 of 27 |
|||
|
|
|
|
|
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 |
|
|
3.500% or less |
1 |
2,595,917.83 |
1.65% |
(1) |
3.4400 |
2.120000 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
3.501% to 3.750% |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
3.751% to 4.000% |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.001% to 4.250% |
3 |
60,570,637.39 |
38.42% |
(2) |
4.1380 |
1.300419 |
37 months to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.251% to 4.500% |
2 |
31,933,205.64 |
20.25% |
(4) |
4.3124 |
(0.827968) |
49 months or greater |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
4.501% to 4.750% |
2 |
37,633,611.11 |
23.87% |
(2) |
4.7310 |
0.665754 |
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
4.751% to 5.000% |
1 |
6,517,052.78 |
4.13% |
(1) |
4.8000 |
(0.023200) |
|
|
|
|
|
|
|
|
|
5.001% to 5.250% |
1 |
17,330,173.26 |
10.99% |
(1) |
5.0600 |
(1.056900) |
|
|
|
|
|
|
|
|
|
5.251% to 5.500% |
1 |
1,076,590.62 |
0.68% |
(8) |
5.3900 |
1.955200 |
|
|
|
|
|
|
|
|
|
5.501% to 5.750% |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
5.751% or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
|
|
|
|
|
|
(1) |
Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document |
|||||||||||||
|
|
is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information. |
|
|
|
|
|||||||||
|
(2) |
Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date. |
|
|
|
|
|
||||||||
|
(3) |
Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the |
|||||||||||||
|
|
CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split |
|||||||||||||
|
|
loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the |
|||||||||||||
|
|
balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure. |
|
|
|
|
|
|
|
|
|||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 11 of 27 |
||||
|
|
|
|
|
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 |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
Interest Only |
5 |
76,830,617.61 |
48.73% |
(3) |
4.2161 |
0.517058 |
|
|
61 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
300 months or less |
5 |
78,230,653.19 |
49.62% |
(1) |
4.6944 |
0.272194 |
|
|
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
301 months to 360 months |
1 |
2,595,917.83 |
1.65% |
(1) |
3.4400 |
2.120000 |
|
|
|
|
|
|
|
|
|
361 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
(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 12 of 27 |
||||
|
|
|
|
|
Current Mortgage Loan and Property Stratification |
|
|
|
|
||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
|
Age of Most Recent NOI |
|
|
|
|
Remaining Stated Term (Fully Amortizing Loans) |
|
|
||||
|
|
Age of Most |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
|
WAM² |
WAC |
|
|
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Underwriter's Information |
1 |
20,000,000.00 |
12.69% |
(3) |
4.1090 |
2.160000 |
60 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
12 months or less |
7 |
124,790,191.03 |
79.15% |
(2) |
4.4923 |
0.088374 |
61 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
13 to 24 months |
2 |
9,112,970.61 |
5.78% |
(1) |
4.4126 |
0.587311 |
Totals |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
25 months or greater |
1 |
3,754,026.99 |
2.38% |
(1) |
4.5600 |
1.849400 |
|
|
|
|
|
|
|
|
|
Totals |
11 |
157,657,188.63 |
100.00% |
(2) |
4.4407 |
0.421948 |
|
|
|
|
|
|
|
|
(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 27 |
||||
|
|
|
|
|
|
|
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 |
|
|
4 |
28300906 |
OF |
New York |
NY |
Actual/360 |
4.109% |
0.00 |
0.00 |
0.00 |
N/A |
07/06/26 |
-- |
25,000,000.00 |
25,000,000.00 |
03/06/25 |
|
4A |
28400906 |
|
|
|
Actual/360 |
4.109% |
0.00 |
0.00 |
0.00 |
N/A |
07/06/26 |
-- |
20,000,000.00 |
20,000,000.00 |
03/06/25 |
|
5 |
28000918 |
OF |
Wyomissing |
PA |
Actual/360 |
4.750% |
134,338.92 |
58,670.59 |
0.00 |
N/A |
08/06/26 |
-- |
33,938,254.71 |
33,879,584.12 |
04/06/26 |
|
7 |
310936019 |
OF |
Burbank |
CA |
Actual/360 |
4.300% |
0.00 |
0.00 |
0.00 |
N/A |
06/11/26 |
-- |
27,000,000.00 |
27,000,000.00 |
05/11/26 |
|
15 |
300571577 |
OF |
Houston |
TX |
Actual/360 |
5.060% |
0.00 |
0.00 |
0.00 |
N/A |
09/06/26 |
-- |
17,330,173.26 |
17,330,173.26 |
07/06/22 |
|
16 |
28000928 |
OF |
Dallas |
TX |
Actual/360 |
4.222% |
54,925.83 |
40,683.08 |
0.00 |
N/A |
09/06/26 |
-- |
15,611,320.47 |
15,570,637.39 |
08/06/26 |
|
40 |
300571576 |
LO |
Beaufort |
SC |
Actual/360 |
4.800% |
26,131.58 |
15,841.65 |
0.00 |
N/A |
09/06/26 |
-- |
6,532,894.43 |
6,517,052.78 |
08/06/26 |
|
55 |
600935608 |
OF |
Memphis |
TN |
Actual/360 |
4.380% |
18,060.92 |
14,991.48 |
0.00 |
N/A |
08/11/26 |
-- |
4,948,197.12 |
4,933,205.64 |
09/11/26 |
|
73 |
28001000 |
RT |
Boardman Township OH |
Actual/360 |
4.560% |
14,364.00 |
25,973.01 |
0.00 |
09/06/26 |
01/06/30 |
-- |
3,780,000.00 |
3,754,026.99 |
10/06/26 |
|
|
80 |
470099910 |
MF |
Bronx |
NY |
Actual/360 |
3.440% |
7,453.27 |
4,060.75 |
0.00 |
N/A |
09/01/26 |
12/01/26 |
2,599,978.58 |
2,595,917.83 |
10/01/26 |
|
87 |
28000851 |
RT |
Radford |
VA |
Actual/360 |
5.390% |
4,857.97 |
4,960.08 |
0.00 |
02/06/26 |
02/06/31 |
-- |
1,081,550.70 |
1,076,590.62 |
10/06/26 |
|
Totals |
|
|
|
|
|
|
260,132.49 |
165,180.64 |
0.00 |
|
|
|
157,822,369.27 |
157,657,188.63 |
|
|
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 14 of 27 |
|||||
|
|
|
|
|
|
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 |
|
|
4 |
(3,424,248.00) |
2,842,672.00 |
07/01/25 |
06/30/26 |
08/11/25 |
24,778,564.12 |
77,035.52 |
(240.63) |
359,014.48 |
0.00 |
0.00 |
|
|
|
4A |
0.00 |
0.00 |
-- |
-- |
08/11/25 |
19,822,851.30 |
61,628.42 |
(192.50) |
287,211.58 |
0.00 |
0.00 |
|
|
|
5 |
1,807,531.94 |
0.00 |
-- |
-- |
10/13/26 |
19,893,444.26 |
78,661.99 |
113,975.61 |
1,078,528.98 |
112,362.19 |
0.00 |
|
|
|
7 |
(3,615,779.00) |
0.00 |
-- |
-- |
10/13/26 |
10,601,310.69 |
0.00 |
(259.88) |
196,496.27 |
0.00 |
0.00 |
|
|
|
15 |
(163,318.00) |
(113,551.00) |
01/01/26 |
06/30/26 |
03/11/26 |
15,212,236.34 |
950,598.98 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
16 |
1,500,111.99 |
737,695.20 |
01/01/26 |
06/30/26 |
-- |
0.00 |
0.00 |
95,437.84 |
191,085.39 |
0.00 |
0.00 |
|
|
|
40 |
969,115.00 |
233,221.00 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
41,901.64 |
83,891.05 |
0.00 |
0.00 |
|
|
|
55 |
390,619.09 |
302,111.00 |
01/01/26 |
06/30/26 |
-- |
0.00 |
0.00 |
32,835.92 |
32,835.92 |
0.00 |
0.00 |
|
|
|
73 |
326,325.46 |
163,162.73 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
80 |
294,220.78 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
87 |
118,611.60 |
59,870.34 |
01/01/26 |
06/30/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
Totals |
(1,796,809.14) |
4,225,181.27 |
|
|
|
90,308,406.71 |
1,167,924.91 |
283,458.01 |
2,229,063.67 |
112,362.19 |
0.00 |
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 15 of 27 |
||||
|
|
|
Principal Prepayment Detail |
|
|
|
|
|
|
|
Unscheduled Principal |
Prepayment Penalties |
|
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
73 |
28001000 |
25,973.01 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
87 |
28000851 |
4,960.08 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
Totals |
|
30,933.09 |
|
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 16 of 27 |
|
|
|
|
|
|
|
|
|
|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/19/26 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
27,000,000.00 |
1 |
17,330,173.26 |
0 |
0.00 |
2 |
30,933.09 |
0 |
0.00 |
4.440669% |
4.187305% |
(2) |
|
09/17/26 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
27,000,000.00 |
1 |
17,330,173.26 |
1 |
2,599,978.58 |
1 |
4,775.99 |
3 |
6,881,091.70 |
4.440782% |
4.222534% |
(1) |
|
08/17/26 |
0 |
0.00 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
1 |
4,753.92 |
9 |
119,121,893.14 |
4.418586% |
4.259119% |
0 |
|
07/17/26 |
0 |
0.00 |
1 |
34,045,978.57 |
1 |
17,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
1 |
9,583.67 |
7 |
33,831,021.70 |
4.329815% |
4.220658% |
1 |
|
06/17/26 |
1 |
34,103,993.11 |
0 |
0.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
0 |
0.00 |
9 |
40,195,884.29 |
4.330828% |
4.232262% |
2 |
|
05/15/26 |
0 |
0.00 |
0 |
0.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
1 |
4,852.44 |
3 |
40,613,066.42 |
4.415713% |
4.341152% |
3 |
|
04/17/26 |
0 |
0.00 |
1 |
27,000,000.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
1 |
14,483.28 |
3 |
73,184,868.36 |
4.387868% |
4.333636% |
4 |
|
03/17/26 |
2 |
28,120,000.00 |
0 |
0.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
0 |
0.00 |
3 |
7,717,162.92 |
4.403569% |
4.354406% |
5 |
|
02/18/26 |
0 |
0.00 |
1 |
27,000,000.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
0 |
0.00 |
3 |
9,957,569.50 |
4.416834% |
4.368315% |
6 |
|
01/16/26 |
1 |
27,000,000.00 |
0 |
0.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.426690% |
4.376576% |
7 |
|
12/17/25 |
0 |
0.00 |
0 |
0.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
0 |
0.00 |
1 |
3,648,854.55 |
4.428317% |
4.386705% |
8 |
|
11/18/25 |
0 |
0.00 |
0 |
0.00 |
3 |
62,330,173.26 |
0 |
0.00 |
1 |
17,330,173.26 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.432186% |
4.390456% |
8 |
|
(1) Foreclosure and REO Totals are included in the delinquencies aging categories. |
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|||||||||||||||||||
|
|
|||||||||||||||||||
|
|
|||||||||||||||||||
|
|
|||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
|
|
Page 17 of 27 |
|||||||
|
|
|
|
|
|
|
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 |
|
|
4 |
28300906 |
03/06/25 |
18 |
5 |
|
(240.63) |
359,014.48 |
0.00 |
25,000,000.00 |
03/20/25 |
2 |
|
|
|
|
|
4A |
28400906 |
03/06/25 |
18 |
5 |
|
(192.50) |
287,211.58 |
0.00 |
20,000,000.00 |
03/20/25 |
2 |
|
|
|
|
|
5 |
28000918 |
04/06/26 |
5 |
5 |
|
113,975.61 |
1,078,528.98 |
128,554.69 |
34,214,865.49 |
04/29/26 |
13 |
|
|
|
|
|
7 |
310936019 |
05/11/26 |
4 |
5 |
|
(259.88) |
196,496.27 |
0.00 |
27,000,000.00 |
12/30/25 |
13 |
|
|
08/28/26 |
|
|
15 |
300571577 |
07/06/22 |
50 |
5 |
|
0.00 |
0.00 |
90,256.85 |
18,160,267.76 |
12/31/20 |
7 |
|
|
|
10/04/22 |
|
16 |
28000928 |
08/06/26 |
1 |
5 |
|
95,437.84 |
191,085.39 |
0.00 |
15,650,031.95 |
09/10/26 |
13 |
|
|
|
|
|
40 |
300571576 |
08/06/26 |
1 |
5 |
|
41,901.64 |
83,891.05 |
0.00 |
6,547,803.41 |
09/10/26 |
13 |
|
|
|
|
|
55 |
600935608 |
09/11/26 |
0 |
5 |
|
32,835.92 |
32,835.92 |
918.00 |
4,948,197.12 |
05/29/26 |
13 |
|
|
|
|
|
Totals |
|
|
|
|
|
283,458.01 |
2,229,063.67 |
219,729.54 |
151,521,165.73 |
|
|
|
|
|
|
|
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 18 of 27 |
|||||
|
|
|
|
|
Collateral Stratification and Historical Detail |
|
|||
|
Maturity Dates and Loan Status¹ |
|
|
|
|
|
|
||
|
|
||||||||
|
|
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|
||
|
|
||||||||
|
Past Maturity |
|
150,230,653 |
0 |
105,900,480 |
|
44,330,173 |
|
|
|
0 - 6 Months |
|
2,595,918 |
2,595,918 |
|
0 |
|
0 |
|
|
7 - 12 Months |
|
0 |
0 |
|
0 |
|
0 |
|
|
13 - 24 Months |
|
0 |
0 |
|
0 |
|
0 |
|
|
25 - 36 Months |
|
0 |
0 |
|
0 |
|
0 |
|
|
37 - 48 Months |
|
3,754,027 |
3,754,027 |
|
0 |
|
0 |
|
|
49 - 60 Months |
|
1,076,591 |
1,076,591 |
|
0 |
|
0 |
|
|
> 60 Months |
|
0 |
0 |
|
0 |
|
0 |
|
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
Historical Delinquency Information |
|
|
|
|
|
|
||
|
|
||||||||
|
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|
|
|
|
||||||||
|
Oct-26 |
157,657,189 |
12,359,741 |
22,087,690 |
0 |
105,879,584 |
17,330,173 |
|
|
|
Sep-26 |
157,822,369 |
7,461,529 |
22,144,215 |
4,948,197 |
105,938,255 |
17,330,173 |
|
|
|
Aug-26 |
225,161,720 |
76,004,991 |
0 |
25,834,329 |
105,992,227 |
17,330,173 |
|
|
|
Jul-26 |
368,891,578 |
245,515,427 |
0 |
34,045,979 |
72,000,000 |
17,330,173 |
|
|
|
Jun-26 |
431,669,984 |
308,235,818 |
34,103,993 |
0 |
72,000,000 |
17,330,173 |
|
|
|
May-26 |
582,115,452 |
519,785,279 |
0 |
0 |
45,000,000 |
17,330,173 |
|
|
|
Apr-26 |
681,148,786 |
591,818,613 |
0 |
27,000,000 |
45,000,000 |
17,330,173 |
|
|
|
Mar-26 |
777,406,143 |
686,955,970 |
28,120,000 |
0 |
45,000,000 |
17,330,173 |
|
|
|
Feb-26 |
792,041,608 |
697,249,494 |
0 |
27,000,000 |
50,461,941 |
17,330,173 |
|
|
|
Jan-26 |
803,269,689 |
708,467,208 |
27,000,000 |
0 |
50,472,308 |
17,330,173 |
|
|
|
Dec-25 |
806,683,689 |
744,353,516 |
0 |
0 |
45,000,000 |
17,330,173 |
|
|
|
Nov-25 |
813,598,809 |
751,268,636 |
0 |
0 |
45,000,000 |
17,330,173 |
|
|
|
(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 19 of 27 |
||||
|
|
|
|
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 |
|
4 |
28300906 |
25,000,000.00 |
25,000,000.00 |
17,200,000.00 |
05/01/25 |
2,684,621.00 |
0.70700 |
06/30/26 |
07/06/26 |
I/O |
|
4A |
28400906 |
20,000,000.00 |
20,000,000.00 |
17,200,000.00 |
05/01/25 |
4,226,910.76 |
2.16000 |
-- |
07/06/26 |
I/O |
|
5 |
28000918 |
33,879,584.12 |
34,214,865.49 |
14,300,000.00 |
06/15/26 |
1,238,237.94 |
0.53460 |
12/31/25 |
08/06/26 |
238 |
|
7 |
310936019 |
27,000,000.00 |
27,000,000.00 |
60,000,000.00 |
07/24/26 |
(4,212,009.00) |
(1.11840) |
12/31/25 |
06/11/26 |
I/O |
|
15 |
300571577 |
17,330,173.26 |
18,160,267.76 |
21,000,000.00 |
01/07/26 |
(925,428.00) |
(1.05690) |
06/30/26 |
09/06/26 |
238 |
|
16 |
28000928 |
15,570,637.39 |
15,650,031.95 |
27,300,000.00 |
06/24/16 |
659,218.70 |
1.14910 |
06/30/26 |
09/06/26 |
238 |
|
40 |
300571576 |
6,517,052.78 |
6,547,803.41 |
11,200,000.00 |
06/25/25 |
(11,728.00) |
(0.02320) |
09/30/25 |
09/06/26 |
238 |
|
55 |
600935608 |
4,933,205.64 |
4,948,197.12 |
8,700,000.00 |
06/06/16 |
302,111.00 |
0.76160 |
06/30/26 |
08/11/26 |
178 |
|
Totals |
|
150,230,653.19 |
151,521,165.73 |
176,900,000.00 |
|
3,961,934.40 |
|
|
|
|
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 20 of 27 |
|||
|
|
|
|
|
|
Specially Serviced Loan Detail - Part 2 |
|
|
|
|
|
|
Servicing |
|
|
|
|
|
Property |
|
Transfer |
Resolution |
|
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
|
4 |
28300906 |
OF |
NY |
03/20/25 |
2 |
|
|
|
Loan transferred for Imminent Default on 3/24/25. Collateral consists of a first-lien leasehold interest in a 247,183 SF, Class A, 21-story office building built in 19216 and located in Midtown Manhattan in NYC. As of 7/30/26, the Property was 74% |
|||||
|
|
occupied with NOI/DSCR: -$3.75MM/-0.90x.Still waiting on a response from the Ground Lessor to extend the ground lease. The building leasing agent in discussions with a large existing tenant to extend their lease and expand. Lender's legal |
|||||
|
|
counsel movi ng forward the foreclosure process. |
|
|
|||
|
|
||||||
|
4A |
28400906 |
Various |
Various |
03/20/25 |
2 |
|
|
|
Loan transferred for Imminent Default on 3/24/25. Collateral consists of a first-lien leasehold interest in a 247,183 SF, Class A, 21-story office building built in 19216 and located in Midtown Manhattan in NYC. As of 7/30/26, the Property was 74% |
|||||
|
|
occupied with NOI/DSCR: -$3.75MM/-0.90x.Still waiting on a response from the Ground Lessor to extend the ground lease. The building leasing agent in discussions with a large existing tenant to extend their lease and expand. Lender's legal |
|||||
|
|
counsel movi ng forward the foreclosure process. |
|
|
|||
|
|
||||||
|
5 |
28000918 |
OF |
PA |
04/29/26 |
13 |
|
|
|
Loan transferred to ASC as Special Servicer effective August 28, 2026 from LNR Partners, Inc. The borrower submitted a loan modification proposal to the previous special servicer, which was over five months ago. As such, Borrower plans to |
|||||
|
|
submit an updated proposal in the near term. |
|
|
|||
|
|
||||||
|
7 |
310936019 |
OF |
CA |
12/30/25 |
13 |
|
|
|
The Special Servicer processed the last significant disbursement for the Hallmark lease and is in the final stage of obtaining approval for its enforcement options. The Borrower has not submitted any workout proposal for the Special Servicer to |
|||||
|
|
eva luate. As of 6/30/26, the Property was 27% occupied, achieved a NOI of ($1,749,942) and a DSCR of (.92X). |
|
||||
|
|
||||||
|
15 |
300571577 |
OF |
TX |
12/31/20 |
7 |
|
|
|
Special Servicing of this REO property was transferred to ASC on August 28, 2026 from LNR Partners, Inc. SS has ordered third-party reports and toured the asset in September. SS was previously negotiating a lease with a 150k SF tenant that |
|||||
|
|
would ha veincreased occupancy to approximately 97%, but the deal fell through in early August. Once SS has obtained all the necessary information, they will execute the most viable strategy to maximize recovery on the loan. |
|||||
|
|
||||||
|
16 |
28000928 |
OF |
TX |
09/10/26 |
13 |
|
|
|
Loan transferred to special servicing effective September 10, 2026 due to Balloon Payment/Maturity Default. The Loan matured on 9/6/2026. The Borrower entered into a purchase and sale agreement to sell the property with a 3rd party buyer on |
|||||
|
|
9/11/20 26 with an outside closing date in December 2026. The Borrower has submitted a proposal for a short-term forbearance in order to consummate the sale of the collateral property. Special Servicer is evaluating the proposal submitted |
|||||
|
|
by the Borrower whi le simultaneously evaluating and pursuing all available remedies under the loan documents. |
|
||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 21 of 27 |
||||
|
|
|
|
|
|
Specially Serviced Loan Detail - Part 2 |
|
||
|
|
||||||||
|
|
|
|
|
Servicing |
|
|
|
|
|
|
|
Property |
|
Transfer |
Resolution |
|
|
|
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
|
Special Servicing Comments |
|
|
40 |
300571576 |
LO |
SC |
09/10/26 |
13 |
|
|
|
|
Transferred 09/06/26 due to Maturity Default. On the introductory call, Borrower indicated they will need a short-term extension to repay the loan in full and thus, SS and Borrower are negotiating forbearance terms. SS has also ordered third-party |
||||||||
|
reports (appraisals, BOVs and title) and is evaluating all possible resolutions to maximize recovery on the loan. |
|
|
|
|||||
|
|
||||||||
|
|
||||||||
|
55 |
600935608 |
OF |
TN |
05/29/26 |
13 |
|
|
|
|
Loan transferred to ASC as Special Servicer effective August 28, 2026, from LNR Partners, Inc. A Second Notice of Maturity and Demand for Payment was issued upon transfer to ASC. The Borrower has consented to the appointment of a |
||||||||
|
receiver, and the receivership papers have been filed. |
|
|
|
|
||||
|
|
||||||||
|
|
||||||||
|
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 22 of 27 |
||||
|
|
|
|
|
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 |
|
8 |
310934902 |
25,260,857.83 |
4.53000% |
25,218,930.83 |
4.53000% |
10 |
06/22/20 |
07/11/20 |
08/11/20 |
|
8 |
310934902 |
0.00 |
4.53000% |
0.00 |
4.53000% |
10 |
08/11/20 |
07/11/20 |
06/22/20 |
|
18 |
28000911 |
16,659,587.37 |
5.85000% |
16,640,152.39 |
5.85000% |
10 |
06/05/20 |
06/06/20 |
08/11/20 |
|
36 |
28210779 |
9,600,000.00 |
4.96000% |
9,600,000.00 |
4.96000% |
9 |
08/03/20 |
05/06/20 |
-- |
|
40 |
300571576 |
0.00 |
4.80000% |
0.00 |
4.80000% |
10 |
08/19/20 |
06/08/20 |
09/11/20 |
|
40 |
300571576 |
0.00 |
4.80000% |
0.00 |
4.80000% |
10 |
04/06/23 |
06/08/20 |
09/11/20 |
|
40 |
300571576 |
0.00 |
4.80000% |
0.00 |
4.80000% |
10 |
09/11/20 |
06/08/20 |
04/06/23 |
|
42 |
300571574 |
0.00 |
5.08000% |
0.00 |
5.08000% |
8 |
11/10/21 |
10/27/21 |
-- |
|
57 |
300571566 |
4,989,242.13 |
4.80000% |
4,989,242.13 |
4.80000% |
10 |
06/05/20 |
06/06/20 |
06/11/20 |
|
57 |
300571566 |
0.00 |
4.80000% |
0.00 |
4.80000% |
10 |
06/11/20 |
06/06/20 |
06/05/20 |
|
64 |
28000895 |
4,185,244.29 |
5.57600% |
4,177,278.71 |
5.57600% |
10 |
06/05/20 |
06/06/20 |
08/11/20 |
|
64 |
28000895 |
0.00 |
5.57600% |
0.00 |
5.57600% |
10 |
08/11/20 |
06/06/20 |
06/05/20 |
|
80 |
470099910 |
0.00 |
3.44000% |
0.00 |
3.44000% |
1 |
08/31/26 |
08/31/26 |
08/31/26 |
|
Totals |
|
60,694,931.62 |
|
60,625,604.06 |
|
|
|
|
|
|
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 23 of 27 |
||
|
|
|
|
|
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 |
|
21 |
310932777 09/17/26 |
12,860,987.92 |
22,500,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
38 |
28000842 03/17/26 |
5,461,940.84 |
15,340,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
54 |
28000904 03/17/26 |
4,666,353.80 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
58 |
410935115 09/17/26 |
4,130,376.29 |
13,960,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
61 |
410935008 09/17/26 |
3,880,432.40 |
7,150,000.00 |
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 |
0.00 |
|
|
|
Cumulative Totals |
31,000,091.25 |
58,950,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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.). |
|
|
|
|
|
|||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 24 of 27 |
|||
|
|
|
|
|
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 |
10/19/26 |
160,003.53 |
0.00 |
0.00 |
0.00 |
0.00 |
160,003.53 |
0.00 |
0.00 |
312,299.89 |
|
|
|
09/17/26 |
152,296.36 |
0.00 |
0.00 |
0.00 |
0.00 |
152,296.36 |
0.00 |
0.00 |
|
|
21 |
310932777 |
09/25/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
38 |
28000842 |
03/25/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
54 |
28000904 |
03/25/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
58 |
410935115 |
09/25/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
61 |
410935008 |
09/25/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Current Period Totals |
|
160,003.53 |
0.00 |
0.00 |
0.00 |
0.00 |
160,003.53 |
0.00 |
0.00 |
160,003.53 |
|
|
Cumulative Totals |
|
312,299.89 |
0.00 |
0.00 |
0.00 |
0.00 |
312,299.89 |
0.00 |
0.00 |
312,299.89 |
|
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 25 of 27 |
||||
|
|
|
|
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) |
|
4 |
0.00 |
0.00 |
5,208.33 |
0.00 |
0.00 |
0.00 |
0.00 |
85,604.17 |
0.00 |
0.00 |
0.00 |
0.00 |
|
4A |
0.00 |
0.00 |
4,166.67 |
0.00 |
0.00 |
0.00 |
0.00 |
68,483.33 |
0.00 |
0.00 |
0.00 |
0.00 |
|
5 |
0.00 |
0.00 |
7,070.47 |
0.00 |
0.00 |
78,661.99 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
7 |
0.00 |
0.00 |
5,625.00 |
0.00 |
0.00 |
0.00 |
0.00 |
96,750.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
15 |
0.00 |
0.00 |
3,610.45 |
0.00 |
0.00 |
0.00 |
0.00 |
73,075.56 |
0.00 |
0.00 |
0.00 |
0.00 |
|
16 |
0.00 |
0.00 |
2,927.12 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
43.73 |
0.00 |
|
40 |
0.00 |
0.00 |
1,361.02 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1,670.80 |
0.00 |
|
55 |
0.00 |
0.00 |
1,030.87 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
58 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
69.77 |
0.00 |
|
61 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
75.64 |
0.00 |
|
73 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
34.49 |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
30,999.93 |
0.00 |
0.00 |
78,661.99 |
0.00 |
323,913.06 |
34.49 |
0.00 |
1,859.94 |
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 |
435,469.41 |
||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 26 of 27 |
|||
|
|
Supplemental Notes |
|
|
|
None |
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 27 of 27 |