Distribution Date:

10/19/26

BMO 2023-5C1 MORTGAGE TRUST

Determination Date:

10/13/26

 

Next Distribution Date:

11/18/26

 

Record Date:

09/30/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2023-5C1

 

         

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

BMO Commercial Mortgage Securities LLC, a Delaware limited

 

 

 

 

liability company

 

Certificate Factor Detail

3

 

Paul Vanderslice

Paul.Vanderslice@bmo.com

Certificate Interest Reconciliation Detail

4

 

151 West 42nd Street | New York, NY 10036 | United States

 

Additional Information

5

Master Servicer

KeyBank National Association

 

Bond / Collateral Reconciliation - Cash Flows

6

 

www.key.com/key2cre

Surveillance_Inquiries@KeyBank.com

 

Bond / Collateral Reconciliation - Balances

7

 

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

 

 

Current Mortgage Loan and Property Stratification

8-12

Special Servicer

3650 REIT Commercial Mortgage Securities II LLC

 

 

Mortgage Loan Detail (Part 1)

13-14

 

Attention: General Counsel

compliance@3650REIT.com

 

 

 

2977 McFarlane Road, Suite 300 | Miami, FL 33133 | United States

 

Mortgage Loan Detail (Part 2)

15-16

 

 

 

 

 

Trustee

Computershare Trust Company, N.A.

 

Principal Prepayment Detail

17

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Historical Detail

18

 

 

trustadministrationgroup@computershare.com

 

Delinquency Loan Detail

19

 

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

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

Collateral Stratification and Historical Detail

20

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 1

21

 

 

trustadministrationgroup@computershare.com

Specially Serviced Loan Detail - Part 2

22

 

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

 

 

Modified Loan Detail

23

Operating Advisor & Asset

Pentalpha Surveillance LLC

 

 

 

Representations Reviewer

 

 

Historical Liquidated Loan Detail

24

 

Attention: BMO 2023-5C1—Transaction Manager

notices@pentalphasurveillance.com

Historical Bond / Collateral Loss Reconciliation Detail

25

 

501 John James Audubon Parkway, Suite 401 | Amherst, NY 14228 | United States

 

Interest Shortfall Detail - Collateral Level

26

Controlling Class

3650 Real Estate Investment Trust 2 LLC

 

 

 

Representative

 

 

Supplemental Notes

27

 

 

 

 

 

 

-

 

 

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

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

   

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Page 1 of 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

055986AA1

6.427400%

708,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-3

055986AC7

6.534000%

535,695,000.00

530,428,233.31

16,519.54

2,888,181.73

0.00

0.00

2,904,701.27

530,411,713.77

30.24%

30.00%

A-S

055986AF0

7.126164%

77,587,000.00

77,587,000.00

0.00

460,748.05

0.00

0.00

460,748.05

77,587,000.00

20.03%

19.88%

B

055986AG8

6.960000%

50,767,000.00

50,767,000.00

0.00

294,448.60

0.00

0.00

294,448.60

50,767,000.00

13.35%

13.25%

C

055986AH6

7.126164%

25,862,000.00

25,862,000.00

0.00

153,580.70

0.00

0.00

153,580.70

25,862,000.00

9.95%

9.88%

D

055986AL7

4.000000%

15,518,000.00

15,518,000.00

0.00

51,726.67

0.00

0.00

51,726.67

15,518,000.00

7.91%

7.85%

E-RR

055986AN3

7.126164%

8,429,000.00

8,429,000.00

0.00

50,055.36

0.00

0.00

50,055.36

8,429,000.00

6.80%

6.75%

F-RR

055986AQ6

7.126164%

15,326,000.00

15,326,000.00

0.00

91,012.99

0.00

0.00

91,012.99

15,326,000.00

4.79%

4.75%

G-RR

055986AS2

7.126164%

10,536,000.00

10,536,000.00

0.00

62,567.72

0.00

0.00

62,567.72

10,536,000.00

3.40%

3.38%

J-RR*

055986AU7

7.126164%

25,863,090.00

25,863,090.00

0.00

127,113.22

0.00

0.00

127,113.22

25,863,090.00

0.00%

0.00%

R

055986AW3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

766,291,090.00

760,316,323.31

16,519.54

4,179,435.04

0.00

0.00

4,195,954.58

760,299,803.77

 

 

 

 

X-A

055986AD5

0.592164%

536,403,000.00

530,428,233.31

0.00

261,750.25

0.00

0.00

261,750.25

530,411,713.77

 

 

X-B

055986AE3

0.054700%

154,216,000.00

154,216,000.00

0.00

7,029.69

0.00

0.00

7,029.69

154,216,000.00

 

 

X-D

055986AJ2

3.126164%

15,518,000.00

15,518,000.00

0.00

40,426.51

0.00

0.00

40,426.51

15,518,000.00

 

 

Notional SubTotal

 

706,137,000.00

700,162,233.31

0.00

309,206.45

0.00

0.00

309,206.45

700,145,713.77

 

 

 

Deal Distribution Total

 

 

 

16,519.54

4,488,641.49

0.00

0.00

4,505,161.03

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

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

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 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

055986AA1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

055986AC7

990.16834824

0.03083758

5.39146666

0.00000000

0.00000000

0.00000000

0.00000000

5.42230424

990.13751065

A-S

055986AF0

1,000.00000000

0.00000000

5.93846972

0.00000000

0.00000000

0.00000000

0.00000000

5.93846972

1,000.00000000

B

055986AG8

1,000.00000000

0.00000000

5.80000000

0.00000000

0.00000000

0.00000000

0.00000000

5.80000000

1,000.00000000

C

055986AH6

1,000.00000000

0.00000000

5.93846957

0.00000000

0.00000000

0.00000000

0.00000000

5.93846957

1,000.00000000

D

055986AL7

1,000.00000000

0.00000000

3.33333355

0.00000000

0.00000000

0.00000000

0.00000000

3.33333355

1,000.00000000

E-RR

055986AN3

1,000.00000000

0.00000000

5.93846957

0.00000000

0.00000000

0.00000000

0.00000000

5.93846957

1,000.00000000

F-RR

055986AQ6

1,000.00000000

0.00000000

5.93846992

0.00000000

0.00000000

0.00000000

0.00000000

5.93846992

1,000.00000000

G-RR

055986AS2

1,000.00000000

0.00000000

5.93847001

0.00000000

0.00000000

0.00000000

0.00000000

5.93847001

1,000.00000000

J-RR

055986AU7

1,000.00000000

0.00000000

4.91485047

1.02361899

10.50276939

0.00000000

0.00000000

4.91485047

1,000.00000000

R

055986AW3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

055986AD5

988.86142193

0.00000000

0.48797313

0.00000000

0.00000000

0.00000000

0.00000000

0.48797313

988.83062505

X-B

055986AE3

1,000.00000000

0.00000000

0.04558340

0.00000000

0.00000000

0.00000000

0.00000000

0.04558340

1,000.00000000

X-D

055986AJ2

1,000.00000000

0.00000000

2.60513662

0.00000000

0.00000000

0.00000000

0.00000000

2.60513662

1,000.00000000

 

 

 

 

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Page 3 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-3

09/01/26 - 09/30/26

30

0.00

2,888,181.73

0.00

2,888,181.73

0.00

0.00

0.00

2,888,181.73

0.00

 

X-A

09/01/26 - 09/30/26

30

0.00

261,750.25

0.00

261,750.25

0.00

0.00

0.00

261,750.25

0.00

 

X-B

09/01/26 - 09/30/26

30

0.00

7,029.69

0.00

7,029.69

0.00

0.00

0.00

7,029.69

0.00

 

X-D

09/01/26 - 09/30/26

30

0.00

40,426.51

0.00

40,426.51

0.00

0.00

0.00

40,426.51

0.00

 

A-S

09/01/26 - 09/30/26

30

0.00

460,748.05

0.00

460,748.05

0.00

0.00

0.00

460,748.05

0.00

 

B

09/01/26 - 09/30/26

30

0.00

294,448.60

0.00

294,448.60

0.00

0.00

0.00

294,448.60

0.00

 

C

09/01/26 - 09/30/26

30

0.00

153,580.70

0.00

153,580.70

0.00

0.00

0.00

153,580.70

0.00

 

D

09/01/26 - 09/30/26

30

0.00

51,726.67

0.00

51,726.67

0.00

0.00

0.00

51,726.67

0.00

 

E-RR

09/01/26 - 09/30/26

30

0.00

50,055.36

0.00

50,055.36

0.00

0.00

0.00

50,055.36

0.00

 

F-RR

09/01/26 - 09/30/26

30

0.00

91,012.99

0.00

91,012.99

0.00

0.00

0.00

91,012.99

0.00

 

G-RR

09/01/26 - 09/30/26

30

0.00

62,567.72

0.00

62,567.72

0.00

0.00

0.00

62,567.72

0.00

 

J-RR

09/01/26 - 09/30/26

30

243,712.83

153,587.18

0.00

153,587.18

26,473.95

0.00

0.00

127,113.22

271,634.07

 

R

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

 

243,712.83

4,515,115.45

0.00

4,515,115.45

26,473.95

0.00

0.00

4,488,641.49

271,634.07

 

 

 

 

 

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Page 4 of 27

 


 
 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,505,161.03

 

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

 

 

 

 

 

 

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Page 5 of 27

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,526,050.65

Master Servicing Fee

2,004.67

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,108.96

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

316.80

ARD Interest

0.00

Operating Advisor Fee

1,314.71

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

190.08

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,526,050.65

Total Fees

10,935.22

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

16,519.54

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

16,473.96

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

10,000.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

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

16,519.54

Total Expenses/Reimbursements

26,473.96

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,488,641.49

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

16,519.54

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

4,505,161.03

Total Funds Collected

4,542,570.19

Total Funds Distributed

4,542,570.21

 

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Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

760,316,324.22

760,316,324.22

Beginning Certificate Balance

760,316,323.31

(-) Scheduled Principal Collections

16,519.54

16,519.54

(-) Principal Distributions

16,519.54

(-) 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

760,299,804.68

760,299,804.68

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

760,316,324.22

760,316,324.22

Ending Certificate Balance

760,299,803.77

Ending Actual Collateral Balance

760,299,804.68

760,299,804.68

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.91)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.91)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

7.13%

 

 

 

 

UC / (OC) Interest

(0.01)

(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 7 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

 

Defeased

2

21,976,023.22

2.89%

21

7.7433

NAP

Defeased

2

21,976,023.22

2.89%

21

7.7433

NAP

 

$4,999,999 or less

5

14,673,781.46

1.93%

20

7.1481

1.341588

1.49 or less

16

305,173,781.46

40.14%

20

7.2642

1.297637

$5,000,000 to $9,999,999

11

75,100,000.00

9.88%

20

7.4317

1.606485

1.50 to 1.59

12

103,050,000.00

13.55%

19

6.9059

1.569694

$10,000,000 to $19,999,999

19

249,450,000.00

32.81%

20

7.1787

1.758884

1.60 to 1.69

5

70,000,000.00

9.21%

20

7.3766

1.673571

$20,000,000 to $29,999,999

5

132,000,000.00

17.36%

21

7.5421

1.468523

1.70 to 1.79

5

119,100,000.00

15.66%

22

7.9509

1.743165

$30,000,000 to $39,999,999

4

128,000,000.00

16.84%

20

7.6908

1.509844

1.80 to 1.89

4

56,000,000.00

7.37%

21

6.9721

1.871429

 

$40,000,000 or greater

3

139,100,000.00

18.30%

21

5.9472

1.801373

1.90 to 1.99

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

2.00 or greater

5

85,000,000.00

11.18%

22

5.6319

2.699294

 

 

 

 

 

 

 

 

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

(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 8 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

 

Defeased

3

21,976,023.22

2.89%

21

7.7433

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

3

21,976,023.22

2.89%

21

7.7433

NAP

Arizona

1

280,780.57

0.04%

21

6.3900

1.540000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

11

120,936,000.00

15.91%

19

7.7746

1.351820

California

3

66,000,000.00

8.68%

21

7.5404

1.616970

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

1

40,100,000.00

5.27%

22

7.6700

1.710000

Connecticut

3

58,488,023.36

7.69%

20

6.0033

1.302003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

10

114,655,781.46

15.08%

20

5.4960

1.785139

Florida

5

17,567,577.88

2.31%

19

6.5410

1.569031

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

20

234,156,000.00

30.80%

21

6.9766

1.683162

Georgia

17

72,027,218.69

9.47%

19

7.8672

1.506645

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

2

10,000,000.00

1.32%

20

7.9100

4.470000

Indiana

1

151,086.70

0.02%

21

6.3900

1.540000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

14

208,476,000.00

27.42%

20

7.7055

1.562813

Kentucky

3

30,100,000.00

3.96%

20

7.7425

1.444917

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

45

10,000,000.00

1.32%

21

6.3900

1.540000

Maine

2

320,892.09

0.04%

21

6.3900

1.540000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

106

760,299,804.68

100.00%

20

7.1434

1.645276

Maryland

3

477,326.98

0.06%

21

6.3900

1.540000

 

 

 

 

 

 

 

 

Massachusetts

3

30,000,000.00

3.95%

21

6.2980

1.890000

 

 

 

 

 

 

 

 

Michigan

2

13,582,663.21

1.79%

19

7.3416

1.336359

 

 

 

 

 

 

 

 

New Jersey

4

30,228,635.62

3.98%

18

5.8442

1.569773

 

 

 

 

 

 

 

 

New York

27

237,837,771.65

31.28%

21

6.7696

1.788512

 

 

 

 

 

 

 

 

North Carolina

3

26,548,190.64

3.49%

21

7.7219

1.843599

 

 

 

 

 

 

 

 

Ohio

7

39,450,852.62

5.19%

19

7.3472

1.335162

 

 

 

 

 

 

 

 

Pennsylvania

4

27,000,000.00

3.55%

21

7.6850

1.631481

 

 

 

 

 

 

 

 

Rhode Island

2

506,742.08

0.07%

21

6.3900

1.540000

 

 

 

 

 

 

 

 

South Carolina

5

771,478.00

0.10%

21

6.3900

1.540000

 

 

 

 

 

 

 

 

Texas

3

24,050,000.00

3.16%

19

7.5711

1.930852

 

 

 

 

 

 

 

 

Virginia

5

62,934,541.37

8.28%

22

8.2898

1.758481

 

 

 

 

 

 

 

 

Totals

106

760,299,804.68

100.00%

20

7.1434

1.645276

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 9 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

 

Defeased

2

21,976,023.22

2.89%

21

7.7433

NAP

Defeased

2

21,976,023.22

2.89%

21

7.7433

NAP

 

4.99999% or below

1

41,000,000.00

5.39%

20

4.1876

2.600000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

5.00000% to 5.99999%

4

44,000,000.00

5.79%

22

5.6936

1.932727

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

6.00000% to 6.49999%

5

98,000,000.00

12.89%

20

6.1310

1.505102

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

6.50000% to 6.99999%

6

87,100,000.00

11.46%

20

6.7875

1.430333

37 months to 48 months

46

724,323,781.46

95.27%

20

7.1593

1.627480

 

7.00000% to 7.49999%

8

135,850,000.00

17.87%

20

7.3832

1.390261

49 months or greater

1

14,000,000.00

1.84%

32

5.3800

2.710000

 

7.50000% to 7.99999%

15

177,223,781.46

23.31%

20

7.7546

1.868232

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

 

8.0000 or greater

8

155,150,000.00

20.41%

20

8.1818

1.502278

 

 

 

 

 

 

 

 

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

 

 

 

 

 

 

 

(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 10 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

 

Defeased

2

21,976,023.22

2.89%

21

7.7433

NAP

Defeased

2

21,976,023.22

2.89%

21

7.7433

NAP

 

60 months or less

47

738,323,781.46

97.11%

20

7.1255

1.648007

359 months or less

47

738,323,781.46

97.11%

20

7.1255

1.648007

 

61 months or more

0

0.00

0.00%

0

0.0000

0.000000

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

 

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

 

 

 

 

 

 

 

(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

 

 

 

 

 

 

 

 

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

2

21,976,023.22

2.89%

21

7.7433

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

5

44,000,000.00

5.79%

20

7.8735

1.531136

 

 

 

 

 

 

12 months or less

32

568,723,781.46

74.80%

21

7.0114

1.666030

 

 

 

 

 

 

13 months to 24 months

8

107,100,000.00

14.09%

19

7.3335

1.359683

 

 

 

 

 

 

25 months or greater

2

18,500,000.00

2.43%

20

7.6527

3.041081

 

 

 

 

 

 

Totals

49

760,299,804.68

100.00%

20

7.1434

1.645276

 

 

 

 

 

(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

 


 
 

 

                               

 

 

 

 

 

 

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

26

10243439

IN

Tomball

TX

Actual/360

7.280%

24,570.00

0.00

0.00

N/A

06/01/28

--

4,050,000.00

4,050,000.00

10/01/26

19

10245214

Various      Various

NY

Actual/360

7.300%

100,375.00

0.00

0.00

N/A

08/01/28

--

16,500,000.00

16,500,000.00

10/01/26

1A-1

10247665

RT

Brooklyn

NY

Actual/360

6.873%

171,825.00

0.00

0.00

N/A

06/05/28

--

30,000,000.00

30,000,000.00

10/05/26

1A-3

10247667

RT

Brooklyn

NY

Actual/360

6.873%

163,233.75

0.00

0.00

N/A

06/05/28

--

28,500,000.00

28,500,000.00

10/05/26

1A-5

10247669

RT

Brooklyn

NY

Actual/360

6.873%

22,910.00

0.00

0.00

N/A

06/05/28

--

4,000,000.00

4,000,000.00

10/05/26

2A-3-1

10247689

OF

New York

NY

Actual/360

7.440%

155,000.00

0.00

0.00

N/A

07/06/28

--

25,000,000.00

25,000,000.00

10/01/26

2A-3-2

10247690

OF

New York

NY

Actual/360

7.440%

170,500.00

0.00

0.00

N/A

07/06/28

--

27,500,000.00

27,500,000.00

10/01/26

2A-3-3

10247691

OF

New York

NY

Actual/360

7.440%

62,000.00

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

10/01/26

3A-5

10247701

RT

Richmond

VA

Actual/360

8.303%

207,575.00

0.00

0.00

N/A

08/01/28

--

30,000,000.00

30,000,000.00

10/01/26

3A-6

10247702

RT

Richmond

VA

Actual/360

8.303%

172,979.17

0.00

0.00

N/A

08/01/28

--

25,000,000.00

25,000,000.00

10/01/26

3A-7-1

10247703

RT

Richmond

VA

Actual/360

8.303%

51,893.75

0.00

0.00

N/A

08/01/28

--

7,500,000.00

7,500,000.00

10/01/26

4

10247705

MF

Danbury

CT

Actual/360

6.000%

290,000.00

0.00

0.00

N/A

06/05/28

--

58,000,000.00

58,000,000.00

10/05/26

5A-1-A-2

10247706

Various      Various

Various

Actual/360

7.350%

52,062.50

0.00

0.00

N/A

05/01/28

--

8,500,000.00

8,500,000.00

10/01/26

5A-1-B-1

10247707

Various      Various

Various

Actual/360

7.350%

183,750.00

0.00

0.00

N/A

05/01/28

--

30,000,000.00

30,000,000.00

10/01/26

5A-1-B-2

10247708

Various      Various

Various

Actual/360

7.350%

87,587.50

0.00

0.00

N/A

05/01/28

--

14,300,000.00

14,300,000.00

10/01/26

6A-1

10247709

IN

Riverside

CA

Actual/360

8.122%

257,196.67

0.00

0.00

N/A

04/01/28

--

38,000,000.00

38,000,000.00

10/01/26

6A-2

10247710

IN

Riverside

CA

Actual/360

8.122%

94,756.67

0.00

0.00

N/A

04/01/28

--

14,000,000.00

14,000,000.00

10/01/26

7A-3

10247713

RT

Atlanta

GA

Actual/360

7.870%

98,375.00

0.00

0.00

N/A

05/01/28

--

15,000,000.00

15,000,000.00

10/01/26

7A-4

10247714

RT

Atlanta

GA

Actual/360

7.870%

65,583.33

0.00

0.00

N/A

05/01/28

--

10,000,000.00

10,000,000.00

10/01/26

7A-5

10247715

RT

Atlanta

GA

Actual/360

7.870%

45,908.33

0.00

0.00

N/A

05/01/28

--

7,000,000.00

7,000,000.00

10/01/26

7A-9

10247716

RT

Atlanta

GA

Actual/360

7.870%

81,979.17

0.00

0.00

N/A

05/01/28

--

12,500,000.00

12,500,000.00

10/01/26

7A-11

10247717

RT

Atlanta

GA

Actual/360

7.870%

49,187.50

0.00

0.00

N/A

05/01/28

--

7,500,000.00

7,500,000.00

10/01/26

8A-1

10247718

MF

New York

NY

Actual/360

4.188%

143,077.35

0.00

0.00

N/A

06/06/28

--

41,000,000.00

41,000,000.00

10/06/26

9

10247720

LO

Queens

NY

Actual/360

7.670%

256,305.83

0.00

0.00

N/A

08/06/28

--

40,100,000.00

40,100,000.00

10/06/26

10A-5-1

10247721

OF

Boston

MA

Actual/360

6.298%

91,845.83

0.00

0.00

N/A

07/06/28

--

17,500,000.00

17,500,000.00

10/06/26

10A-8-2-B

10247722

OF

Boston

MA

Actual/360

6.298%

13,120.83

0.00

0.00

N/A

07/06/28

--

2,500,000.00

2,500,000.00

10/06/26

10A-8-3

10247723

OF

Boston

MA

Actual/360

6.298%

52,483.33

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

10/06/26

11A-2-1-B

10247724

OF

Jersey City

NJ

Actual/360

5.840%

73,000.00

0.00

0.00

N/A

04/06/28

--

15,000,000.00

15,000,000.00

10/06/26

 

 

 

 

© 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

11A-4-2

10247725

OF

Jersey City

NJ

Actual/360

5.840%

24,333.33

0.00

0.00

N/A

04/06/28

--

5,000,000.00

5,000,000.00

10/06/26

11A-8

10247726

OF

Jersey City

NJ

Actual/360

5.840%

48,666.67

0.00

0.00

N/A

04/06/28

--

10,000,000.00

10,000,000.00

10/06/26

12A-3

10247729

OF

Philadelphia

PA

Actual/360

7.685%

12,808.33

0.00

0.00

N/A

07/06/28

--

2,000,000.00

2,000,000.00

10/06/26

12A-4

10247730

OF

Philadelphia

PA

Actual/360

7.685%

80,052.08

0.00

0.00

N/A

07/06/28

--

12,500,000.00

12,500,000.00

10/06/26

12A-5

10247731

OF

Philadelphia

PA

Actual/360

7.685%

48,031.25

0.00

0.00

N/A

07/06/28

--

7,500,000.00

7,500,000.00

10/06/26

12A-6

10247732

OF

Philadelphia

PA

Actual/360

7.685%

32,020.83

0.00

0.00

N/A

07/06/28

--

5,000,000.00

5,000,000.00

10/06/26

13

10247733

OF

Fayetteville

NC

Actual/360

7.750%

167,916.67

0.00

0.00

N/A

07/06/28

--

26,000,000.00

26,000,000.00

10/06/26

14A-4

10247734

RT

Louisville

KY

Actual/360

8.120%

118,416.67

0.00

0.00

N/A

06/01/28

--

17,500,000.00

17,500,000.00

10/01/26

14A-6

10247735

RT

Louisville

KY

Actual/360

8.120%

33,833.33

0.00

0.00

N/A

06/01/28

--

5,000,000.00

5,000,000.00

10/01/26

15A-3-1

10247736

OF

Houston

TX

Actual/360

7.630%

79,479.17

0.00

0.00

N/A

05/06/28

--

12,500,000.00

12,500,000.00

10/01/26

15A-3-2

10247737

OF

Houston

TX

Actual/360

7.630%

47,687.50

0.00

0.00

N/A

05/06/28

--

7,500,000.00

7,500,000.00

10/01/26

16

10247738

IN

Various

GA

Actual/360

8.012%

121,181.50

0.00

0.00

N/A

05/01/28

--

18,150,000.00

18,150,000.00

10/01/26

17A-1

10247739

OF

Knoxville

TN

Actual/360

8.000%

114,469.87

14,671.47

0.00

N/A

07/06/28

--

17,170,694.69

17,156,023.22

10/06/26

18A-3

10247741

OF

Miami

FL

Actual/360

6.546%

54,550.00

0.00

0.00

N/A

05/06/28

--

10,000,000.00

10,000,000.00

10/01/26

18A-4

10247742

OF

Miami

FL

Actual/360

6.546%

38,185.00

0.00

0.00

N/A

05/06/28

--

7,000,000.00

7,000,000.00

10/01/26

20A-2

10247743

OF

Corte Madera

CA

Actual/360

5.380%

62,766.67

0.00

0.00

N/A

06/05/29

--

14,000,000.00

14,000,000.00

10/05/26

21A-1

10247744

98

New York

NY

Actual/360

7.910%

65,916.67

0.00

0.00

N/A

06/06/28

--

10,000,000.00

10,000,000.00

07/06/25

22A-2-1

10247745

SS

Various

Various

Actual/360

6.390%

53,250.00

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

10/06/26

23

10247746

MF

Louisville

KY

Actual/360

6.625%

41,958.33

0.00

0.00

N/A

07/01/28

--

7,600,000.00

7,600,000.00

05/01/26

25

10247748

SS

Little Rock

AR

Actual/360

6.830%

27,433.83

0.00

0.00

N/A

08/06/28

--

4,820,000.00

4,820,000.00

10/06/26

27

10247749

MF

Riverhead

NY

Actual/360

7.910%

14,011.44

1,848.07

0.00

N/A

07/06/28

--

2,125,629.53

2,123,781.46

10/06/26

Totals

 

 

 

 

 

 

4,526,050.65

16,519.54

0.00

 

 

 

760,316,324.22

760,299,804.68

 

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 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

 

26

419,081.30

232,931.02

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

2,550,316.51

1,125,754.01

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-1

15,273,422.01

9,550,911.23

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-3

0.00

12,797,518.21

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-5

0.00

12,797,518.21

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-3-1

29,170,830.33

30,496,753.79

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-3-2

29,170,830.33

30,496,753.79

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-3-3

29,170,830.33

30,496,753.79

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-5

26,858,313.54

14,004,045.53

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-6

26,309,398.00

14,004,045.53

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-7-1

26,309,398.00

14,004,045.53

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

4,246,374.37

2,313,205.52

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A-1-A-2

0.00

9,402,981.00

01/01/24

06/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A-1-B-1

0.00

18,326,821.00

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A-1-B-2

0.00

18,772,200.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A-1

7,869,419.93

3,874,031.04

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A-2

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-3

23,769,489.56

25,013,753.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-4

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-5

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-9

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A-11

20,147,889.00

23,769,489.56

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A-1

6,253,376.72

3,004,223.54

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

7,126,964.80

5,949,206.55

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-5-1

75,161,211.00

67,875,050.04

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-8-2-B

75,161,211.00

67,875,050.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-8-3

75,161,211.00

67,875,050.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A-2-1-B

23,607,529.00

22,564,791.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 15 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

 

11A-4-2

0.00

22,564,791.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A-8

0.00

22,564,791.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-3

6,503,110.98

2,875,893.24

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-4

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-5

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12A-6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

3,431,693.85

1,982,019.27

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A-4

11,071,141.00

11,543,237.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A-6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A-3-1

25,870,743.95

13,969,158.98

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A-3-2

25,870,743.95

13,969,158.98

01/01/26

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,953,535.50

1,778,056.50

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17A-1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

18A-3

5,145,905.19

5,180,282.18

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A-4

5,145,905.19

5,180,282.18

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20A-2

0.00

4,396,339.02

07/01/25

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21A-1

0.00

1,811,548.38

01/01/24

06/30/24

01/06/26

2,500,000.00

166,936.11

49,304.42

837,426.28

0.00

0.00

 

 

22A-2-1

47,575,716.00

47,036,036.97

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

667,582.19

764,432.27

10/01/24

09/30/25

--

0.00

0.00

41,853.23

213,906.74

0.00

0.00

 

 

25

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

27

107,479.14

132,343.49

07/01/25

06/30/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

697,524,320.67

733,679,722.03

 

 

 

2,500,000.00

166,936.11

91,157.65

1,051,333.02

0.00

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 16 of 27

 


 
 

 

           

 

 

 

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 17 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

2

17,600,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.143404%

7.126145%

20

09/17/26

0

0.00

0

0.00

2

17,600,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

1

5,500,000.00

7.143423%

7.126164%

21

08/17/26

0

0.00

1

7,600,000.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134499%

7.117245%

22

07/17/26

1

7,600,000.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134512%

7.117258%

23

06/17/26

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134530%

7.117276%

24

05/15/26

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134544%

7.117290%

25

04/17/26

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134562%

7.117308%

26

03/17/26

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134575%

7.117321%

27

02/18/26

1

41,000,000.00

0

0.00

1

10,000,000.00

1

10,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134602%

7.117348%

28

01/16/26

0

0.00

0

0.00

1

10,000,000.00

1

10,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134615%

7.117361%

29

12/17/25

0

0.00

0

0.00

1

10,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134627%

7.117373%

30

11/18/25

0

0.00

0

0.00

1

10,000,000.00

1

10,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.134645%

7.117391%

31

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 18 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

21A-1

10247744

07/06/25

14

6

 

49,304.42

837,426.28

0.00

10,000,000.00

03/27/25

13

 

 

 

 

23

10247746

05/01/26

4

6

 

41,853.23

213,906.74

3,909.00

7,600,000.00

08/04/26

98

 

 

 

 

Totals

 

 

 

 

 

91,157.65

1,051,333.02

3,909.00

17,600,000.00

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

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

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 19 of 27

 


 
 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

            Total

          Performing

Non-Performing

            REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

746,299,805

728,699,805

      17,600,000

0

 

25 - 36 Months

 

14,000,000

14,000,000

0

 

 

0

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

REO/Foreclosure

 

 

Oct-26

760,299,805

742,699,805

0

0

17,600,000

0

 

Sep-26

760,316,324

742,716,324

0

0

17,600,000

0

 

Aug-26

765,828,477

748,228,477

0

7,600,000

10,000,000

0

 

Jul-26

765,840,548

748,240,548

7,600,000

0

10,000,000

0

 

Jun-26

765,856,798

755,856,798

0

0

10,000,000

0

 

May-26

765,868,674

755,868,674

0

0

10,000,000

0

 

Apr-26

765,884,738

755,884,738

0

0

10,000,000

0

 

Mar-26

765,896,424

755,896,424

0

0

10,000,000

0

 

Feb-26

765,920,859

714,920,859

41,000,000

0

0

 

10,000,000

 

Jan-26

765,932,298

755,932,298

0

0

0

 

10,000,000

 

Dec-25

765,943,659

755,943,659

0

0

10,000,000

0

 

Nov-25

765,959,227

755,959,227

0

0

0

 

10,000,000

 

(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 20 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

21A-1

10247744

10,000,000.00

10,000,000.00

72,100,000.00

04/25/23

1,797,798.38

4.47000

06/30/24

06/06/28

(39)

23

10247746

7,600,000.00

7,600,000.00

11,800,000.00

04/19/23

726,471.27

1.42000

09/30/25

07/01/28

(39)

Totals

 

17,600,000.00

17,600,000.00

83,900,000.00

 

2,524,269.65

 

 

 

 

 

 

 

 

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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

 

21A-1

10247744

98

NY

03/27/25

13

 

 

 

 

9/11/2026 The Loan transferred to Special Servicing on 2/7/25 due to payment default, dating back to December 2024. An Order Appointing Receiver was granted on 10/7/25 and the court subsequently denied the Defendant's motion to vacate

 

the order on 11/13/ 25. InFebruary 2026, 3650 Servicing was appointed and assumed the special servicing responsibilities for the Loan. Currently the special servicer is dual tracking discussions with the Defendant through outside counsel and

 

most recently, the Borrower agree d to a stipulation following the entry of summary judgement, pursuant to which the Borrower has until 12/31/2026 to satisfy the loan. In connection with the stipulation, the Borrower remitted two months of debt

 

service payments and is required to keep the Loan current through the expiration of the agreement on 12/31/26.

 

 

 

 

 

 

 

23

10247746

MF

KY

08/04/26

98

 

 

 

 

9/11/2026 The Loan transferred to the Special Servicer on August 4, 2026, due to a payment default resulting from the Borrower’s failure to remit the 6/1/2026 debt service payment, causing the loan to become more than 60 days delinquent.

 

Based on the mos t recent September 2025 financial reporting, the property was 98.5% occupied and reported an NOI DSCR of 1.42x. Borrower has remained unresponsive and has not fulfilled Lender’s request for updated financial disclosure,

 

as required by the Loan Documents a nd has not yet agreed to a Pre-Negotiation Agreement. Accordingly, the Special Servicer has engaged outside counsel and issued a Notice of Default, Notice of Acceleration, and demand to implement cash

 

management. The Special Servicer through outside couns el will dual track negotiations, where applicable, while pursuing all available remedies, including enforcement, in order to evaluate all potential strategies that maximize recovery to the

 

Trust.

 

 

 

 

 

 

 

 

 

 

 

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 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

 

 

 

 

No modified loans this period

 

 

 

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 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

 

 

 

 

No liquidated loans this period

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

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Page 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

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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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)

21A-1

0.00

0.00

5,000.00

0.00

0.00

16,473.96

0.00

0.00

0.00

0.00

0.00

0.00

23

0.00

0.00

5,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

10,000.00

0.00

0.00

16,473.96

0.00

0.00

0.00

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

26,473.96

 

 

 

 

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Page 26 of 27

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27