05/28/2026 | Press release | Distributed by Public on 05/28/2026 09:11
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Distribution Date: |
05/15/26 |
Wells Fargo Commercial Mortgage Trust 2016-C37 |
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Determination Date: |
05/11/26 |
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Next Distribution Date: |
06/17/26 |
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Record Date: |
04/30/26 |
Commercial Mortgage Pass-Through Certificates |
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Series 2016-C37 |
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Table of Contents |
Contacts |
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Section |
Pages |
Role |
Party and Contact Information |
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Certificate Distribution Detail |
2-3 |
Depositor |
Wells Fargo Commercial Mortgage Securities, Inc. |
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Certificate Factor Detail |
4 |
Attention: A.J. Sfarra |
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Certificate Interest Reconciliation Detail |
5 |
30 Hudson Yards, 15th Floor | New York, NY 10001 | United States |
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Master Servicer |
Trimont LLC |
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Additional Information |
6 |
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Attention: CMBS Servicing |
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Bond / Collateral Reconciliation - Cash Flows |
7 |
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One South, 101 South Tryon Street, Suite 1400 | Charlotte, NC 28280 | United States |
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Bond / Collateral Reconciliation - Balances |
8 |
Special Servicer |
LNR Partners, LLC |
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Current Mortgage Loan and Property Stratification |
9-13 |
Heather Bennett and Arne Shulkin |
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Mortgage Loan Detail (Part 1) |
14-16 |
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2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States |
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Mortgage Loan Detail (Part 2) |
17-19 |
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Operating Trust Advisor |
BellOak, LLC |
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Principal Prepayment Detail |
20 |
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Attention: Reporting |
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Historical Detail |
21 |
200 N. Pacific Coast Highway, Suite 1400| El Segundo, CA 90245 | United States |
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Delinquency Loan Detail |
22 |
Asset Representations |
BellOak, LLC |
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Collateral Stratification and Historical Detail |
23 |
Reviewer |
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Attention: Reporting |
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Specially Serviced Loan Detail - Part 1 |
24 |
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200 N. Pacific Coast Highway, Suite 1400| El Segundo, CA 90245 | United States |
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Specially Serviced Loan Detail - Part 2 |
25-27 |
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Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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Modified Loan Detail |
28 |
Bank, N.A. |
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Historical Liquidated Loan Detail |
29 |
Corporate Trust Services (CMBS) |
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Historical Bond / Collateral Loss Reconciliation Detail |
30 |
9062 Old Annapolis Road | Columbia, MD 21045 | United States |
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Interest Shortfall Detail - Collateral Level |
31 |
Trustee |
Wilmington Trust, National Association |
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Supplemental Notes |
32 |
Attention: CMBS Trustee |
(302) 636-4140 |
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1100 North Market Street | Wilmington, DE 19890 | United States |
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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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© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 32 |
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Certificate Distribution Detail |
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Current |
Original |
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|
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 |
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|
A-1 |
95000PAA2 |
1.944000% |
35,482,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-2 |
95000PAB0 |
3.103000% |
105,724,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-3 |
95000PAC8 |
3.704000% |
28,449,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-4 |
95000PAD6 |
3.525000% |
120,000,000.00 |
90,172,791.56 |
7,142,246.16 |
264,882.57 |
555.83 |
0.00 |
7,407,684.56 |
83,030,545.40 |
45.36% |
30.00% |
|
A-5 |
95000PAE4 |
3.794000% |
188,138,000.00 |
188,138,000.00 |
0.00 |
594,829.64 |
0.00 |
0.00 |
594,829.64 |
188,138,000.00 |
45.36% |
30.00% |
|
A-SB |
95000PAF1 |
3.615000% |
47,561,000.00 |
1,470,472.28 |
1,470,344.02 |
4,429.80 |
919.01 |
0.00 |
1,475,692.83 |
128.26 |
45.36% |
30.00% |
|
A-S |
95000PAG9 |
4.009604% |
58,165,000.00 |
58,165,000.00 |
0.00 |
194,348.84 |
0.00 |
0.00 |
194,348.84 |
58,165,000.00 |
33.65% |
22.25% |
|
B |
95000PAK0 |
4.311604% |
38,463,000.00 |
38,463,000.00 |
0.00 |
138,197.68 |
0.00 |
0.00 |
138,197.68 |
38,463,000.00 |
25.90% |
17.13% |
|
C |
95000PAL8 |
4.486604% |
34,711,000.00 |
34,711,000.00 |
0.00 |
129,778.75 |
0.00 |
0.00 |
129,778.75 |
34,711,000.00 |
18.90% |
12.50% |
|
D |
95000PAX2 |
3.186604% |
37,525,000.00 |
37,525,000.00 |
0.00 |
99,647.76 |
0.00 |
0.00 |
99,647.76 |
37,525,000.00 |
11.34% |
7.50% |
|
E |
95000PAZ7 |
2.886604% |
10,320,000.00 |
10,320,000.00 |
0.00 |
19,201.24 |
0.00 |
0.00 |
19,201.24 |
10,320,000.00 |
9.26% |
6.13% |
|
F |
95000PBB9 |
2.886604% |
7,505,000.00 |
7,505,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
7,505,000.00 |
7.75% |
5.13% |
|
G |
95000PBD5 |
2.886604% |
8,443,000.00 |
8,443,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8,443,000.00 |
6.05% |
4.00% |
|
H* |
95000PBF0 |
2.886604% |
7,505,000.00 |
7,505,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
7,505,000.00 |
4.54% |
3.00% |
|
J |
95000PBH6 |
2.886604% |
22,515,779.00 |
22,515,779.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
22,515,779.00 |
0.00% |
0.00% |
|
V |
95000PBK9 |
0.000000% |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
R |
95000PBM5 |
0.000000% |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
Regular SubTotal |
750,506,779.02 |
504,934,042.84 |
8,612,590.18 |
1,445,316.28 |
1,474.84 |
0.00 |
10,059,381.30 |
496,321,452.66 |
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|
X-A |
95000PAH7 |
0.780243% |
525,354,000.00 |
279,781,263.84 |
0.00 |
181,914.38 |
75,910.58 |
0.00 |
257,824.96 |
271,168,673.66 |
||
|
X-B |
95000PAJ3 |
0.356788% |
96,628,000.00 |
96,628,000.00 |
0.00 |
28,729.78 |
0.00 |
0.00 |
28,729.78 |
96,628,000.00 |
||
|
X-D |
95000PAM6 |
1.300000% |
37,525,000.00 |
37,525,000.00 |
0.00 |
40,652.08 |
0.00 |
0.00 |
40,652.08 |
37,525,000.00 |
||
|
X-EF |
95000PAP9 |
1.600000% |
17,825,000.00 |
17,825,000.00 |
0.00 |
23,766.67 |
0.00 |
0.00 |
23,766.67 |
17,825,000.00 |
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Certificate Distribution Detail continued to next page |
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© 2021 Computershare. All rights reserved. Confidential. |
Page 2 of 32 |
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Certificate Distribution Detail |
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Current |
Original |
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|
Pass-Through |
Principal |
Interest |
Prepayment |
Credit |
Credit |
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|
Class |
CUSIP |
Rate (2) |
Original Balance |
Beginning Balance |
Distribution |
Distribution |
Penalties |
Realized Losses Total Distribution |
Ending Balance Support¹ |
Support¹ |
|
|
X-G |
95000PAR5 |
1.600000% |
8,443,000.00 |
8,443,000.00 |
0.00 |
11,257.33 |
0.00 |
0.00 |
11,257.33 |
8,443,000.00 |
|
|
X-H |
95000PAT1 |
1.600000% |
7,505,000.00 |
7,505,000.00 |
0.00 |
10,006.67 |
0.00 |
0.00 |
10,006.67 |
7,505,000.00 |
|
|
X-J |
95000PAV6 |
1.600000% |
22,515,779.00 |
22,515,779.00 |
0.00 |
30,021.04 |
0.00 |
0.00 |
30,021.04 |
22,515,779.00 |
|
|
Notional SubTotal |
715,795,779.00 |
470,223,042.84 |
0.00 |
326,347.95 |
75,910.58 |
0.00 |
402,258.53 |
461,610,452.66 |
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|
Deal Distribution Total |
8,612,590.18 |
1,771,664.23 |
77,385.42 |
0.00 |
10,461,639.83 |
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* |
Denotes the Controlling Class (if required) |
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|
(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 |
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|
dividing the result by (A). |
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(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 |
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the underlying index (if and as applicable), and any other matters provided in the governing documents. |
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© 2021 Computershare. All rights reserved. Confidential. |
Page 3 of 32 |
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Certificate Factor Detail |
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Cumulative |
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|
Interest Shortfalls |
Interest |
|||||||||
|
Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
|
Regular Certificates |
||||||||||
|
A-1 |
95000PAA2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
95000PAB0 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-3 |
95000PAC8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-4 |
95000PAD6 |
751.43992967 |
59.51871800 |
2.20735475 |
0.00000000 |
0.00000000 |
0.00463192 |
0.00000000 |
61.73070467 |
691.92121167 |
|
A-5 |
95000PAE4 |
1,000.00000000 |
0.00000000 |
3.16166665 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.16166665 |
1,000.00000000 |
|
A-SB |
95000PAF1 |
30.91760644 |
30.91490969 |
0.09313934 |
0.00000000 |
0.00000000 |
0.01932276 |
0.00000000 |
31.02737180 |
0.00269675 |
|
A-S |
95000PAG9 |
1,000.00000000 |
0.00000000 |
3.34133654 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.34133654 |
1,000.00000000 |
|
B |
95000PAK0 |
1,000.00000000 |
0.00000000 |
3.59300315 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.59300315 |
1,000.00000000 |
|
C |
95000PAL8 |
1,000.00000000 |
0.00000000 |
3.73883639 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.73883639 |
1,000.00000000 |
|
D |
95000PAX2 |
1,000.00000000 |
0.00000000 |
2.65550326 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.65550326 |
1,000.00000000 |
|
E |
95000PAZ7 |
1,000.00000000 |
0.00000000 |
1.86058527 |
0.54491764 |
16.62740601 |
0.00000000 |
0.00000000 |
1.86058527 |
1,000.00000000 |
|
F |
95000PBB9 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.40550300 |
24.74357362 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
G |
95000PBD5 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.40550278 |
24.74357456 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
H |
95000PBF0 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.40550300 |
24.74357362 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
J |
95000PBH6 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.40550327 |
40.79709034 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
V |
95000PBK9 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
95000PBM5 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
Notional Certificates |
||||||||||
|
X-A |
95000PAH7 |
532.55759705 |
0.00000000 |
0.34627010 |
0.00000000 |
0.00000000 |
0.14449415 |
0.00000000 |
0.49076425 |
516.16371753 |
|
X-B |
95000PAJ3 |
1,000.00000000 |
0.00000000 |
0.29732355 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.29732355 |
1,000.00000000 |
|
X-D |
95000PAM6 |
1,000.00000000 |
0.00000000 |
1.08333324 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.08333324 |
1,000.00000000 |
|
X-EF |
95000PAP9 |
1,000.00000000 |
0.00000000 |
1.33333352 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.33333352 |
1,000.00000000 |
|
X-G |
95000PAR5 |
1,000.00000000 |
0.00000000 |
1.33333294 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.33333294 |
1,000.00000000 |
|
X-H |
95000PAT1 |
1,000.00000000 |
0.00000000 |
1.33333378 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.33333378 |
1,000.00000000 |
|
X-J |
95000PAV6 |
1,000.00000000 |
0.00000000 |
1.33333339 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.33333339 |
1,000.00000000 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 4 of 32 |
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Certificate Interest Reconciliation Detail |
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Additional |
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|
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 |
04/01/26 - 04/30/26 |
30 |
0.00 |
264,882.58 |
0.00 |
264,882.58 |
0.00 |
0.00 |
0.00 |
264,882.57 |
0.00 |
|
|
A-5 |
04/01/26 - 04/30/26 |
30 |
0.00 |
594,829.64 |
0.00 |
594,829.64 |
0.00 |
0.00 |
0.00 |
594,829.64 |
0.00 |
|
|
A-SB |
04/01/26 - 04/30/26 |
30 |
0.00 |
4,429.80 |
0.00 |
4,429.80 |
0.00 |
0.00 |
0.00 |
4,429.80 |
0.00 |
|
|
X-A |
04/01/26 - 04/30/26 |
30 |
0.00 |
181,914.38 |
0.00 |
181,914.38 |
0.00 |
0.00 |
0.00 |
181,914.38 |
0.00 |
|
|
X-B |
04/01/26 - 04/30/26 |
30 |
0.00 |
28,729.78 |
0.00 |
28,729.78 |
0.00 |
0.00 |
0.00 |
28,729.78 |
0.00 |
|
|
X-D |
04/01/26 - 04/30/26 |
30 |
0.00 |
40,652.08 |
0.00 |
40,652.08 |
0.00 |
0.00 |
0.00 |
40,652.08 |
0.00 |
|
|
X-EF |
04/01/26 - 04/30/26 |
30 |
0.00 |
23,766.67 |
0.00 |
23,766.67 |
0.00 |
0.00 |
0.00 |
23,766.67 |
0.00 |
|
|
X-G |
04/01/26 - 04/30/26 |
30 |
0.00 |
11,257.33 |
0.00 |
11,257.33 |
0.00 |
0.00 |
0.00 |
11,257.33 |
0.00 |
|
|
X-H |
04/01/26 - 04/30/26 |
30 |
0.00 |
10,006.67 |
0.00 |
10,006.67 |
0.00 |
0.00 |
0.00 |
10,006.67 |
0.00 |
|
|
X-J |
04/01/26 - 04/30/26 |
30 |
0.00 |
30,021.04 |
0.00 |
30,021.04 |
0.00 |
0.00 |
0.00 |
30,021.04 |
0.00 |
|
|
A-S |
04/01/26 - 04/30/26 |
30 |
0.00 |
194,348.84 |
0.00 |
194,348.84 |
0.00 |
0.00 |
0.00 |
194,348.84 |
0.00 |
|
|
B |
04/01/26 - 04/30/26 |
30 |
0.00 |
138,197.68 |
0.00 |
138,197.68 |
0.00 |
0.00 |
0.00 |
138,197.68 |
0.00 |
|
|
C |
04/01/26 - 04/30/26 |
30 |
0.00 |
129,778.75 |
0.00 |
129,778.75 |
0.00 |
0.00 |
0.00 |
129,778.75 |
0.00 |
|
|
D |
04/01/26 - 04/30/26 |
30 |
0.00 |
99,647.76 |
0.00 |
99,647.76 |
0.00 |
0.00 |
0.00 |
99,647.76 |
0.00 |
|
|
E |
04/01/26 - 04/30/26 |
30 |
165,572.99 |
24,824.79 |
0.00 |
24,824.79 |
5,623.55 |
0.00 |
0.00 |
19,201.24 |
171,594.83 |
|
|
F |
04/01/26 - 04/30/26 |
30 |
167,244.91 |
18,053.30 |
0.00 |
18,053.30 |
18,053.30 |
0.00 |
0.00 |
0.00 |
185,700.52 |
|
|
G |
04/01/26 - 04/30/26 |
30 |
188,147.75 |
20,309.66 |
0.00 |
20,309.66 |
20,309.66 |
0.00 |
0.00 |
0.00 |
208,910.00 |
|
|
H |
04/01/26 - 04/30/26 |
30 |
167,244.91 |
18,053.30 |
0.00 |
18,053.30 |
18,053.30 |
0.00 |
0.00 |
0.00 |
185,700.52 |
|
|
J |
04/01/26 - 04/30/26 |
30 |
862,342.13 |
54,161.78 |
0.00 |
54,161.78 |
54,161.78 |
0.00 |
0.00 |
0.00 |
918,578.27 |
|
|
Totals |
1,550,552.69 |
1,887,865.83 |
0.00 |
1,887,865.83 |
116,201.59 |
0.00 |
0.00 |
1,771,664.23 |
1,670,484.14 |
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 5 of 32 |
|||||||||||
|
Additional Information |
||
|
Total Available Distribution Amount (1) |
10,461,639.83 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 6 of 32 |
|
|
Bond / Collateral Reconciliation - Cash Flows |
|||
|
Total Funds Collected |
Total Funds Distributed |
||
|
Interest |
Fees |
||
|
Interest Paid or Advanced |
1,895,025.35 |
Master Servicing Fee |
2,465.97 |
|
Interest Reductions due to Nonrecoverability Determination |
(102,725.00) |
Certificate Administrator Fee |
3,076.23 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
290.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
210.39 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
844.65 |
|
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Asset Representations Reviewer Fee |
147.27 |
|
Extension Interest |
0.00 |
||
|
Interest Reserve Withdrawal |
0.00 |
||
|
Total Interest Collected |
1,792,300.35 |
Total Fees |
7,034.51 |
|
Principal |
Expenses/Reimbursements |
||
|
Scheduled Principal |
891,468.06 |
Reimbursement for Interest on Advances |
0.00 |
|
Unscheduled Principal Collections |
ASER Amount |
0.00 |
|
|
Principal Prepayments |
7,721,122.12 |
Special Servicing Fees (Monthly) |
13,250.00 |
|
Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
|
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
351.60 |
|
Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
|
Curtailments |
0.00 |
Rating Agency Expenses |
0.00 |
|
Principal Adjustments |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
|
Non-Recoverable Advances |
0.00 |
||
|
Workout Delayed Reimbursement Amounts |
0.00 |
||
|
Other Expenses |
0.00 |
||
|
Total Principal Collected |
8,612,590.18 |
Total Expenses/Reimbursements |
13,601.60 |
|
Interest Reserve Deposit |
0.00 |
||
|
Other |
Payments to Certificateholders and Others |
||
|
Prepayment Penalties / Yield Maintenance |
77,385.42 |
Interest Distribution |
1,771,664.23 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
8,612,590.18 |
|
Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
77,385.42 |
|
Net SWAP Counterparty Payments Received |
0.00 |
Borrower Option Extension Fees |
0.00 |
|
Net SWAP Counterparty Payments Paid |
0.00 |
||
|
Total Other Collected |
77,385.42 |
Total Payments to Certificateholders and Others |
10,461,639.83 |
|
Total Funds Collected |
10,482,275.95 |
Total Funds Distributed |
10,482,275.94 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 7 of 32 |
||
|
Bond / Collateral Reconciliation - Balances |
|||||
|
Collateral Reconciliation |
Certificate Reconciliation |
||||
|
Total |
Total |
||||
|
Beginning Scheduled Collateral Balance |
504,934,043.55 |
504,934,043.55 |
Beginning Certificate Balance |
504,934,042.84 |
|
|
(-) Scheduled Principal Collections |
891,468.06 |
891,468.06 |
(-) Principal Distributions |
8,612,590.18 |
|
|
(-) Unscheduled Principal Collections |
7,721,122.12 |
7,721,122.12 |
(-) 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 |
496,321,453.37 |
496,321,453.37 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
504,934,043.61 |
504,934,043.61 |
Ending Certificate Balance |
496,321,452.66 |
|
|
Ending Actual Collateral Balance |
496,321,453.42 |
496,321,453.42 |
|||
|
NRA/WODRA Reconciliation |
Under / Over Collateralization Reconciliation |
||||
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
||||
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
(0.71) |
||
|
Beginning Cumulative Advances |
0.00 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
(0.71) |
|
|
Ending Cumulative Advances |
0.00 |
0.00 |
Net WAC Rate |
4.49% |
|
|
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 32 |
||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Scheduled Balance |
Debt Service Coverage Ratio¹ |
|||||||||||||
|
Scheduled |
# Of |
Scheduled |
% Of |
Weighted Avg |
Debt Service Coverage |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Balance |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Ratio |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
|
|
2,000,000 or less |
3 |
4,608,296.58 |
0.93% |
7 |
5.1277 |
3.139183 |
1.30 or less |
6 |
58,572,809.45 |
11.80% |
4 |
4.4344 |
0.081778 |
|
|
2,000,001 to 3,000,000 |
11 |
28,561,415.80 |
5.75% |
6 |
4.7389 |
2.212508 |
1.31 to 1.40 |
3 |
31,100,341.27 |
6.27% |
7 |
4.6254 |
1.369678 |
|
|
3,000,001 to 4,000,000 |
2 |
7,179,281.00 |
1.45% |
6 |
4.3460 |
1.714335 |
1.41 to 1.50 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4,000,001 to 5,000,000 |
2 |
8,757,806.89 |
1.76% |
6 |
4.1496 |
1.748753 |
1.51 to 1.75 |
6 |
51,554,400.30 |
10.39% |
5 |
4.5277 |
1.619108 |
|
|
5,000,001 to 6,000,000 |
3 |
16,196,479.00 |
3.26% |
7 |
4.7413 |
1.374175 |
1.76 to 2.00 |
5 |
27,399,361.06 |
5.52% |
6 |
4.5996 |
1.877028 |
|
|
6,000,001 to 7,000,000 |
3 |
19,417,285.58 |
3.91% |
7 |
5.1958 |
1.980184 |
2.01 to 2.25 |
5 |
36,729,379.30 |
7.40% |
6 |
4.5739 |
2.169397 |
|
|
7,000,001 to 8,000,000 |
1 |
7,243,106.54 |
1.46% |
6 |
4.2691 |
1.869200 |
2.26 to 2.50 |
6 |
50,933,971.19 |
10.26% |
6 |
4.4983 |
2.367472 |
|
|
8,000,001 to 9,000,000 |
1 |
8,500,000.00 |
1.71% |
7 |
4.3990 |
4.424700 |
2.51 to 2.75 |
2 |
22,586,346.26 |
4.55% |
6 |
4.8262 |
2.709809 |
|
|
9,000,001 to 10,000,000 |
3 |
28,205,998.72 |
5.68% |
6 |
4.6493 |
2.774411 |
3.76 to 3.00 |
2 |
4,612,315.91 |
0.93% |
6 |
4.5927 |
2.850107 |
|
|
10,000,001 to 15,000,000 |
5 |
65,044,079.48 |
13.11% |
7 |
4.6317 |
1.673232 |
3.01 or greater |
6 |
84,461,134.09 |
17.02% |
6 |
3.7440 |
4.255772 |
|
|
15,000,001 to 20,000,000 |
2 |
34,247,919.92 |
6.90% |
5 |
4.2959 |
1.586832 |
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
|
|
20,000,001 to 30,000,000 |
4 |
103,613,389.32 |
20.88% |
5 |
4.3028 |
2.007279 |
||||||||
|
30,000,001 to 50,000,000 |
1 |
36,375,000.00 |
7.33% |
6 |
2.9882 |
4.118200 |
||||||||
|
50,000,001 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
||||||||
|
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
||||||||
|
(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 32 |
|||||||||||||
|
Current Mortgage Loan and Property Stratification |
|||||||||||||
|
State³ |
|||||||||||||
|
Property Type³ |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
||||||||||
|
State |
WAM² |
WAC |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Properties |
Balance |
Agg. Bal. |
DSCR¹ |
Property Type |
WAM² |
WAC |
|||||||
|
Properties |
Balance |
Agg. Bal. |
DSCR¹ |
||||||||||
|
Defeased |
36 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
|||||||
|
Defeased |
36 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
|||||||
|
Arizona |
3 |
2,079,832.73 |
0.42% |
4 |
4.1140 |
1.585100 |
|||||||
|
Industrial |
4 |
9,397,630.39 |
1.89% |
6 |
4.3940 |
4.111300 |
|||||||
|
California |
10 |
50,335,443.92 |
10.14% |
6 |
4.3804 |
2.209272 |
|||||||
|
Lodging |
9 |
112,019,735.53 |
22.57% |
6 |
4.6279 |
2.701308 |
|||||||
|
Connecticut |
4 |
2,285,402.82 |
0.46% |
4 |
4.1140 |
1.585100 |
|||||||
|
Mixed Use |
1 |
3,232,195.57 |
0.65% |
6 |
4.4400 |
2.117000 |
|||||||
|
Florida |
5 |
6,754,446.97 |
1.36% |
5 |
4.5406 |
2.595774 |
|||||||
|
Mobile Home Park |
23 |
27,671,771.51 |
5.58% |
5 |
4.3317 |
2.004223 |
|||||||
|
Georgia |
2 |
5,230,478.43 |
1.05% |
7 |
5.3412 |
2.425820 |
|||||||
|
Multi-Family |
11 |
59,767,053.48 |
12.04% |
6 |
4.3931 |
2.053791 |
|||||||
|
Hawaii |
2 |
52,500,000.00 |
10.58% |
6 |
4.1995 |
3.409450 |
|||||||
|
Office |
3 |
61,760,446.80 |
12.44% |
4 |
4.3188 |
0.302796 |
|||||||
|
Maryland |
3 |
3,086,741.72 |
0.62% |
4 |
4.1140 |
1.585100 |
|||||||
|
Retail |
11 |
89,520,807.67 |
18.04% |
6 |
4.0185 |
2.963351 |
|||||||
|
Massachusetts |
1 |
13,934,617.50 |
2.81% |
7 |
4.7400 |
1.406600 |
|||||||
|
Self Storage |
2 |
4,580,417.88 |
0.92% |
7 |
5.1547 |
1.327677 |
|||||||
|
Michigan |
10 |
22,720,581.38 |
4.58% |
6 |
4.5679 |
1.673999 |
|||||||
|
Totals |
100 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
|||||||
|
Minnesota |
1 |
1,085,848.56 |
0.22% |
4 |
4.1140 |
1.585100 |
|||||||
|
Mississippi |
1 |
2,211,849.41 |
0.45% |
7 |
5.3900 |
1.736600 |
|||||||
|
Nevada |
3 |
38,163,172.13 |
7.69% |
6 |
4.5822 |
2.549956 |
|||||||
|
New Jersey |
1 |
18,541,808.46 |
3.74% |
5 |
4.4500 |
1.588300 |
|||||||
|
New York |
3 |
45,408,505.21 |
9.15% |
4 |
4.5219 |
0.103569 |
|||||||
|
North Carolina |
4 |
26,609,586.05 |
5.36% |
7 |
4.9030 |
1.937306 |
|||||||
|
Ohio |
1 |
396,579.31 |
0.08% |
4 |
4.1140 |
1.585100 |
|||||||
|
Pennsylvania |
2 |
18,736,758.96 |
3.78% |
7 |
4.6784 |
1.301679 |
|||||||
|
Texas |
4 |
13,384,066.93 |
2.70% |
6 |
4.7303 |
2.222445 |
|||||||
|
Virginia |
4 |
44,484,338.34 |
8.96% |
6 |
3.2445 |
4.116942 |
|||||||
|
Totals |
100 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
|||||||
|
Note: Please refer to footnotes on the next page of the report. |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 10 of 32 |
||||||||||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Note Rate |
Seasoning |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Note Rate |
WAM² |
WAC |
Seasoning |
WAM² |
WAC |
|||||||||
|
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||||
|
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
|
|
3.000% or less |
1 |
36,375,000.00 |
7.33% |
6 |
2.9882 |
4.118200 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
3.001% to 3.750% |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
3.751% to 4.250% |
5 |
102,243,691.41 |
20.60% |
4 |
4.1523 |
1.807762 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.251% to 4.500% |
14 |
93,078,952.52 |
18.75% |
6 |
4.3389 |
2.360722 |
37 months to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.501% to 4.750% |
7 |
54,773,355.94 |
11.04% |
7 |
4.6931 |
1.644598 |
49 months or greater |
41 |
367,950,058.83 |
74.14% |
6 |
4.3663 |
2.218649 |
|
|
4.751% to 5.000% |
6 |
48,083,024.37 |
9.69% |
6 |
4.8487 |
2.167834 |
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
|
|
5.001% to 5.250% |
2 |
4,580,417.88 |
0.92% |
7 |
5.1547 |
1.327677 |
||||||||
|
5.251% to 5.500% |
5 |
25,878,032.28 |
5.21% |
7 |
5.3711 |
2.142860 |
||||||||
|
5.501% or greater |
1 |
2,937,584.43 |
0.59% |
7 |
5.6700 |
2.088800 |
||||||||
|
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
||||||||
|
(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 32 |
|||||||||||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Anticipated Remaining Term (ARD and Balloon Loans) |
Remaining Amortization Term (ARD and Balloon Loans) |
|||||||||||||
|
Anticipated |
# Of |
Scheduled |
% Of |
Weighted Avg |
Remaining |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Remaining Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Amortization Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
|
|
60 months or less |
41 |
367,950,058.83 |
74.14% |
6 |
4.3663 |
2.218649 |
Interest Only |
5 |
127,375,000.00 |
25.66% |
5 |
3.8456 |
2.654560 |
|
|
61 months to 84 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
240 months or less |
7 |
30,801,271.89 |
6.21% |
7 |
4.8110 |
1.722862 |
|
|
85 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
241 months to 300 months |
29 |
209,773,786.94 |
42.27% |
6 |
4.6171 |
2.026759 |
|
|
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
301 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
||||||||
|
(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 32 |
|||||||||||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||
|
Age of Most Recent NOI |
Remaining Stated Term (Fully Amortizing Loans) |
|||||||||||
|
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||
|
Defeased |
18 |
128,371,394.54 |
25.86% |
6 |
4.8665 |
NAP |
No outstanding loans in this group |
|||||
|
Underwriter's Information |
1 |
26,250,000.00 |
5.29% |
6 |
4.1995 |
4.470000 |
||||||
|
12 months or less |
40 |
341,700,058.83 |
68.85% |
6 |
4.3791 |
2.045696 |
||||||
|
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
||||||
|
25 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
||||||
|
Totals |
59 |
496,321,453.37 |
100.00% |
6 |
4.4957 |
2.044490 |
||||||
|
(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 32 |
|||||||||||
|
Mortgage Loan Detail (Part 1) |
|||||||||||||||
|
Interest |
Original |
Adjusted |
Beginning |
Ending |
Paid |
||||||||||
|
Prop |
Accrual |
Gross |
Scheduled |
Scheduled |
Principal Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
||||||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
1 |
306931010 |
LO |
Honolulu |
HI |
Actual/360 |
4.199% |
91,864.06 |
0.00 |
0.00 |
N/A |
11/01/26 |
-- |
26,250,000.00 |
26,250,000.00 |
05/01/26 |
|
1A |
306931011 |
LO |
Honolulu |
HI |
Actual/360 |
4.199% |
91,864.06 |
0.00 |
0.00 |
N/A |
11/01/26 |
-- |
26,250,000.00 |
26,250,000.00 |
05/01/26 |
|
4 |
883100619 |
RT |
Woodbridge |
VA |
Actual/360 |
2.988% |
90,580.21 |
0.00 |
0.00 |
N/A |
11/01/26 |
-- |
36,375,000.00 |
36,375,000.00 |
05/01/26 |
|
6 |
28000906 |
OF |
New York |
NY |
Actual/360 |
4.109% |
0.00 |
0.00 |
0.00 |
N/A |
07/06/26 |
-- |
30,000,000.00 |
30,000,000.00 |
03/06/25 |
|
7 |
883100641 |
MF |
Las Vegas |
NV |
Actual/360 |
4.269% |
51,954.58 |
36,302.93 |
0.00 |
N/A |
11/06/26 |
-- |
14,603,897.70 |
14,567,594.77 |
05/06/26 |
|
8 |
883100636 |
MF |
Los Angeles |
CA |
Actual/360 |
4.269% |
25,832.17 |
18,050.05 |
0.00 |
N/A |
11/06/26 |
-- |
7,261,156.59 |
7,243,106.54 |
05/06/26 |
|
9 |
883100651 |
LO |
Las Vegas |
NV |
Actual/360 |
4.835% |
85,266.52 |
48,931.45 |
0.00 |
N/A |
11/06/26 |
-- |
21,162,320.77 |
21,113,389.32 |
05/06/26 |
|
11 |
883100663 |
IN |
Various |
Various |
Actual/360 |
4.763% |
38,019.76 |
16,666.01 |
0.00 |
N/A |
12/06/26 |
-- |
9,578,776.29 |
9,562,110.28 |
05/06/26 |
|
11A |
307170663 |
Actual/360 |
4.763% |
18,730.61 |
8,068.76 |
0.00 |
N/A |
12/06/26 |
-- |
4,719,028.95 |
4,710,960.19 |
05/06/26 |
|||
|
11B |
307171663 |
Actual/360 |
4.763% |
16,347.13 |
5,461.76 |
0.00 |
N/A |
12/06/26 |
-- |
4,118,530.05 |
4,113,068.29 |
05/06/26 |
|||
|
11C |
307172663 |
Actual/360 |
4.763% |
12,245.04 |
5,142.54 |
0.00 |
N/A |
12/06/26 |
-- |
3,085,041.39 |
3,079,898.85 |
05/06/26 |
|||
|
12 |
300571630 |
MF |
Houston |
TX |
Actual/360 |
4.980% |
83,462.71 |
39,189.68 |
0.00 |
N/A |
12/06/26 |
09/06/26 |
20,111,495.22 |
20,072,305.54 |
05/06/26 |
|
13 |
28000964 |
OF |
Newark |
NJ |
Actual/360 |
4.450% |
68,895.99 |
36,884.95 |
0.00 |
N/A |
10/06/26 |
-- |
18,578,693.41 |
18,541,808.46 |
05/06/26 |
|
14 |
28200945 |
MH |
Various |
Various |
Actual/360 |
4.114% |
53,961.59 |
33,779.90 |
0.00 |
N/A |
09/06/26 |
-- |
15,739,891.36 |
15,706,111.46 |
05/06/26 |
|
14A |
307170945 |
Actual/360 |
4.114% |
7,180.10 |
4,784.65 |
0.00 |
N/A |
09/06/26 |
06/06/26 |
2,094,341.30 |
2,089,556.65 |
05/06/26 |
|||
|
15 |
301741164 |
MF |
Various |
GA |
Actual/360 |
4.182% |
49,740.90 |
35,653.35 |
0.00 |
N/A |
12/06/26 |
-- |
14,272,855.04 |
14,237,201.69 |
05/06/26 |
|
16 |
883100667 |
OF |
Cranberry Township |
PA |
Actual/360 |
4.611% |
50,900.78 |
28,147.72 |
0.00 |
N/A |
12/06/26 |
-- |
13,246,786.06 |
13,218,638.34 |
05/06/26 |
|
17 |
301741165 |
MF |
Mansfield |
CT |
Actual/360 |
5.060% |
56,651.45 |
27,970.18 |
0.00 |
N/A |
12/06/26 |
-- |
13,435,127.39 |
13,407,157.21 |
05/06/26 |
|
18 |
301741168 |
RT |
Plymouth |
MA |
Actual/360 |
4.740% |
55,132.68 |
23,024.03 |
0.00 |
N/A |
12/06/26 |
-- |
13,957,641.53 |
13,934,617.50 |
05/06/26 |
|
19 |
310936188 |
RT |
Durham |
NC |
Actual/360 |
4.740% |
52,251.97 |
23,299.52 |
0.00 |
N/A |
12/11/26 |
-- |
13,228,345.96 |
13,205,046.44 |
05/11/26 |
|
20 |
310937159 |
RT |
Victorville |
CA |
Actual/360 |
5.270% |
48,368.66 |
37,192.36 |
0.00 |
N/A |
08/11/26 |
-- |
11,013,736.78 |
10,976,544.42 |
05/11/26 |
|
22 |
410935761 |
RT |
Various |
MI |
Actual/360 |
4.890% |
41,326.47 |
23,281.79 |
0.00 |
N/A |
11/11/26 |
-- |
10,141,464.22 |
10,118,182.43 |
05/11/26 |
|
23 |
883100638 |
MF |
North Hollywood |
CA |
Actual/360 |
4.269% |
34,975.02 |
24,438.55 |
0.00 |
N/A |
11/06/26 |
-- |
9,831,116.21 |
9,806,677.66 |
05/06/26 |
|
24 |
883100660 |
IN |
Various |
Various |
Actual/360 |
4.394% |
34,495.40 |
23,051.35 |
0.00 |
N/A |
11/06/26 |
-- |
9,420,681.74 |
9,397,630.39 |
05/06/26 |
|
25 |
301741166 |
LO |
Tempe |
AZ |
Actual/360 |
5.627% |
43,961.57 |
19,374.53 |
0.00 |
N/A |
12/06/26 |
-- |
9,375,134.35 |
9,355,759.82 |
05/06/26 |
|
26 |
28000982 |
LO |
Hauppauge |
NY |
Actual/360 |
5.330% |
40,068.72 |
19,409.08 |
0.00 |
N/A |
12/06/26 |
-- |
9,021,099.75 |
9,001,690.67 |
05/06/26 |
|
28 |
307170028 |
SS |
Lakeway |
TX |
Actual/360 |
4.990% |
32,179.44 |
7,738,542.16 |
0.00 |
N/A |
12/11/26 |
-- |
7,738,542.16 |
0.00 |
05/11/26 |
|
29 |
883100653 |
MF |
Various |
WI |
Actual/360 |
4.060% |
27,356.48 |
16,884.56 |
0.00 |
N/A |
11/06/26 |
08/06/26 |
8,085,658.86 |
8,068,774.30 |
05/06/26 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 14 of 32 |
||||||||||||||
|
Mortgage Loan Detail (Part 1) |
|||||||||||||||
|
Interest |
Original |
Adjusted |
Beginning |
Ending |
Paid |
||||||||||
|
Prop |
Accrual |
Gross |
Scheduled |
Scheduled |
Principal Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
||||||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
30 |
301741162 |
LO |
Goldsboro |
NC |
Actual/360 |
5.440% |
30,934.77 |
22,484.81 |
0.00 |
N/A |
12/06/26 |
-- |
6,823,846.81 |
6,801,362.00 |
05/06/26 |
|
31 |
883100662 |
RT |
Chula Vista |
CA |
Actual/360 |
4.399% |
31,159.58 |
0.00 |
0.00 |
N/A |
12/01/26 |
-- |
8,500,000.00 |
8,500,000.00 |
05/01/26 |
|
32 |
307170032 |
LO |
Reading |
PA |
Actual/360 |
4.840% |
22,389.35 |
32,958.32 |
0.00 |
N/A |
11/11/26 |
-- |
5,551,078.94 |
5,518,120.62 |
05/11/26 |
|
33 |
28000981 |
MF |
Houston |
TX |
Actual/360 |
5.050% |
30,054.21 |
13,777.42 |
0.00 |
N/A |
12/06/26 |
-- |
7,141,594.75 |
7,127,817.33 |
05/06/26 |
|
34 |
300571633 |
LO |
Cheektowaga |
NY |
Actual/360 |
5.320% |
28,464.87 |
13,832.72 |
0.00 |
N/A |
12/06/26 |
-- |
6,420,647.26 |
6,406,814.54 |
05/06/26 |
|
35 |
300571628 |
MF |
Houston |
TX |
Actual/360 |
4.800% |
24,894.26 |
14,455.64 |
0.00 |
N/A |
11/06/26 |
-- |
6,223,564.68 |
6,209,109.04 |
05/06/26 |
|
36 |
28000932 |
RT |
Various |
Various |
Actual/360 |
4.850% |
21,868.65 |
19,307.06 |
0.00 |
N/A |
09/06/26 |
-- |
5,410,799.90 |
5,391,492.84 |
05/06/26 |
|
37 |
301741161 |
LO |
Charlotte |
NC |
Actual/360 |
4.744% |
21,085.83 |
18,798.23 |
0.00 |
N/A |
12/06/26 |
-- |
5,333,683.79 |
5,314,885.56 |
05/06/26 |
|
38 |
301741160 |
LO |
Banning |
CA |
Actual/360 |
4.637% |
20,785.04 |
15,445.02 |
0.00 |
N/A |
12/06/26 |
-- |
5,378,917.84 |
5,363,472.82 |
05/06/26 |
|
39 |
28000967 |
LO |
Centerville |
OH |
Actual/360 |
4.867% |
22,427.46 |
12,732.60 |
0.00 |
N/A |
11/06/26 |
08/06/26 |
5,529,680.66 |
5,516,948.06 |
05/06/26 |
|
40 |
883100629 |
MF |
Los Angeles |
CA |
Actual/360 |
4.269% |
16,834.45 |
11,762.95 |
0.00 |
N/A |
11/06/26 |
-- |
4,731,989.89 |
4,720,226.94 |
05/06/26 |
|
41 |
410936187 |
MH |
Lowell |
MI |
Actual/360 |
4.010% |
13,544.10 |
15,517.30 |
0.00 |
N/A |
10/11/26 |
-- |
4,053,097.25 |
4,037,579.95 |
05/11/26 |
|
42 |
883100637 |
MF |
Whittier |
CA |
Actual/360 |
4.269% |
14,077.08 |
9,836.27 |
0.00 |
N/A |
11/06/26 |
-- |
3,956,921.70 |
3,947,085.43 |
05/06/26 |
|
43 |
307170043 |
MH |
Fond du Lac |
WI |
Actual/360 |
4.950% |
15,285.54 |
8,440.54 |
0.00 |
N/A |
11/11/26 |
-- |
3,705,585.15 |
3,697,144.61 |
05/11/26 |
|
44 |
300571634 |
RT |
Scottsdale |
AZ |
Actual/360 |
5.350% |
15,623.72 |
6,712.83 |
0.00 |
N/A |
12/06/26 |
06/06/26 |
3,504,385.49 |
3,497,672.66 |
05/06/26 |
|
45 |
883100639 |
MF |
Rialto |
CA |
Actual/360 |
4.269% |
10,448.97 |
7,301.14 |
0.00 |
N/A |
11/06/26 |
-- |
2,937,097.29 |
2,929,796.15 |
05/06/26 |
|
46 |
410937608 |
MU |
Frisco |
TX |
Actual/360 |
4.440% |
11,979.95 |
5,629.48 |
0.00 |
N/A |
11/11/26 |
-- |
3,237,825.05 |
3,232,195.57 |
05/11/26 |
|
47 |
301741169 |
RT |
Braselton |
GA |
Actual/360 |
4.920% |
9,456.17 |
13,487.88 |
0.00 |
N/A |
12/06/26 |
-- |
2,306,381.88 |
2,292,894.00 |
05/06/26 |
|
48 |
410935516 |
RT |
Southfield |
MI |
Actual/360 |
4.870% |
11,516.99 |
6,531.89 |
0.00 |
N/A |
11/11/26 |
-- |
2,837,860.85 |
2,831,328.96 |
05/11/26 |
|
49 |
600937288 |
MH |
Saginaw |
MI |
Actual/360 |
4.380% |
10,197.39 |
6,848.29 |
0.00 |
N/A |
11/11/26 |
-- |
2,793,806.38 |
2,786,958.09 |
05/11/26 |
|
50 |
307170050 |
SS |
Woodland |
CA |
Actual/360 |
5.140% |
12,453.14 |
5,954.46 |
0.00 |
N/A |
12/11/26 |
-- |
2,907,348.36 |
2,901,393.90 |
05/11/26 |
|
51 |
300571635 |
MF |
Albany |
GA |
Actual/360 |
5.670% |
13,904.59 |
5,185.93 |
0.00 |
N/A |
12/06/26 |
-- |
2,942,770.36 |
2,937,584.43 |
05/06/26 |
|
52 |
883100625 |
MF |
Hawthorne |
CA |
Actual/360 |
4.269% |
9,287.97 |
6,489.91 |
0.00 |
N/A |
11/06/26 |
-- |
2,610,752.48 |
2,604,262.57 |
05/06/26 |
|
53 |
28000933 |
RT |
Brattleboro |
VT |
Actual/360 |
4.865% |
9,550.22 |
8,329.08 |
0.00 |
N/A |
10/06/26 |
-- |
2,355,654.36 |
2,347,325.28 |
05/06/26 |
|
54 |
883100627 |
MF |
Las Vegas |
NV |
Actual/360 |
4.269% |
8,852.60 |
6,185.69 |
0.00 |
N/A |
11/06/26 |
-- |
2,488,373.73 |
2,482,188.04 |
05/06/26 |
|
55 |
883100632 |
MF |
San Bernardino |
CA |
Actual/360 |
4.269% |
8,272.10 |
5,780.07 |
0.00 |
N/A |
11/06/26 |
-- |
2,325,201.98 |
2,319,421.91 |
05/06/26 |
|
56 |
300571613 |
RT |
Big Spring |
TX |
Actual/360 |
4.620% |
8,736.16 |
5,394.45 |
0.00 |
N/A |
11/06/26 |
-- |
2,269,132.79 |
2,263,738.34 |
05/06/26 |
|
57 |
300571636 |
MH |
Ocean Springs |
MS |
Actual/360 |
5.390% |
9,953.17 |
4,069.50 |
0.00 |
N/A |
12/06/26 |
-- |
2,215,918.91 |
2,211,849.41 |
05/06/26 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 15 of 32 |
||||||||||||||
|
Mortgage Loan Detail (Part 1) |
|||||||||||||||
|
Interest |
Original |
Adjusted |
Beginning |
Ending |
Paid |
||||||||||
|
Prop |
Accrual |
Gross |
Scheduled |
Scheduled |
Principal |
Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
|||||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
59 |
307170059 |
SS |
Crowley |
TX |
Actual/360 |
5.180% |
7,263.73 |
3,693.79 |
0.00 |
N/A |
12/11/26 |
-- |
1,682,717.77 |
1,679,023.98 |
05/11/26 |
|
60 |
307170060 |
MH |
Fort Myers |
FL |
Actual/360 |
4.700% |
5,789.73 |
5,271.55 |
0.00 |
N/A |
11/11/26 |
-- |
1,478,228.49 |
1,472,956.94 |
05/11/26 |
|
62 |
307170062 |
MH |
Ocala |
FL |
Actual/360 |
5.500% |
6,688.84 |
3,068.61 |
0.00 |
N/A |
12/11/26 |
-- |
1,459,384.27 |
1,456,315.66 |
05/11/26 |
|
63 |
300571637 |
MH |
New Bern |
NC |
Actual/360 |
5.240% |
4,905.65 |
3,774.89 |
0.00 |
N/A |
12/06/26 |
09/06/26 |
1,123,431.41 |
1,119,656.52 |
05/06/26 |
|
Totals |
1,792,300.35 |
8,612,590.18 |
0.00 |
504,934,043.55 |
496,321,453.37 |
||||||||||
|
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 16 of 32 |
||||||||||||||
|
Mortgage Loan Detail (Part 2) |
|||||||||||||
|
Most Recent Most Recent Appraisal |
Cumulative |
Current |
|||||||||||
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|||
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
1 |
146,170,251.30 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
1A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
4 |
37,277,882.39 |
28,465,232.03 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
6 |
(3,424,248.00) |
0.00 |
-- |
-- |
08/11/25 |
26,158,072.23 |
92,442.63 |
(410.00) |
430,817.37 |
3,993,725.90 |
0.00 |
||
|
7 |
2,602,757.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
8 |
984,333.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
9 |
4,888,937.66 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
11 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
11A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
11B |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
11C |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
12 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
13 |
13,078,112.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
14 |
8,696,580.45 |
2,259,744.34 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
14A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
15 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
16 |
1,387,436.64 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
17 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
18 |
1,553,398.28 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
19 |
2,187,929.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
20 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
22 |
925,592.24 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
23 |
1,412,476.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
24 |
3,158,030.40 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
25 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
26 |
1,950,366.06 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
28 |
786,504.99 |
557,325.56 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
29 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 17 of 32 |
||||||||||||
|
Mortgage Loan Detail (Part 2) |
|||||||||||||
|
Most Recent Most Recent Appraisal |
Cumulative |
Current |
|||||||||||
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|||
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
30 |
1,174,328.10 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
31 |
1,763,285.32 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
32 |
1,006,839.41 |
936,492.29 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
33 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
34 |
1,082,095.30 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
35 |
1,138,461.08 |
928,895.08 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
36 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
37 |
645,807.40 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
38 |
1,246,835.12 |
901,676.97 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
39 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
40 |
443,058.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
41 |
876,687.00 |
608,098.24 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
42 |
477,467.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
43 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
44 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
45 |
420,975.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
46 |
484,636.08 |
121,975.20 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
47 |
748,015.47 |
615,392.85 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
48 |
433,677.07 |
424,310.02 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
49 |
452,657.50 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
50 |
255,824.76 |
59,763.08 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
51 |
414,836.82 |
246,636.21 |
01/01/25 |
06/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
52 |
443,047.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
53 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
54 |
620,372.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
55 |
479,365.00 |
0.00 |
-- |
-- |
02/11/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
56 |
338,683.21 |
91,221.46 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
57 |
252,065.51 |
74,883.90 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 18 of 32 |
||||||||||||
|
Mortgage Loan Detail (Part 2) |
|||||||||||||
|
Most Recent Most Recent Appraisal |
Cumulative |
Current |
|||||||||||
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|||
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
59 |
242,372.68 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
60 |
359,014.26 |
90,064.54 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
62 |
558,491.47 |
152,950.02 |
01/01/26 |
03/31/26 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
63 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
Totals |
239,995,236.97 |
36,534,661.79 |
26,158,072.23 |
92,442.63 |
(410.00) |
430,817.37 |
3,993,725.90 |
0.00 |
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 19 of 32 |
||||||||||||
|
Principal Prepayment Detail |
|||||
|
Unscheduled Principal |
Prepayment Penalties |
||||
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
28 |
307170028 |
7,721,122.12 |
Payoff w/ yield maintenance |
0.00 |
77,385.42 |
|
Totals |
7,721,122.12 |
0.00 |
77,385.42 |
||
|
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 20 of 32 |
||||
|
Historical Detail |
|||||||||||||||||||||
|
Delinquencies¹ |
Prepayments |
Rate and Maturities |
|||||||||||||||||||
|
30-59 Days |
60-89 Days |
90 Days or More |
Foreclosure |
REO |
Modifications |
Curtailments |
Payoff |
Next Weighted Avg. |
|||||||||||||
|
Distribution |
|||||||||||||||||||||
|
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Amount |
# |
Amount |
Coupon |
Remit |
WAM¹ |
|||
|
Date |
|||||||||||||||||||||
|
05/15/26 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
7,721,122.12 |
4.495654% |
4.435244% |
6 |
||
|
04/17/26 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.503619% |
4.443887% |
7 |
||
|
03/17/26 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.503982% |
4.444255% |
8 |
||
|
02/18/26 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.504418% |
4.444697% |
9 |
||
|
01/16/26 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.504784% |
4.445069% |
10 |
||
|
12/17/25 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.505130% |
4.445417% |
11 |
||
|
11/18/25 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
18,283,158.88 |
4.505506% |
4.445798% |
12 |
||
|
10/20/25 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.477834% |
4.419633% |
13 |
||
|
09/17/25 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.478133% |
4.419940% |
14 |
||
|
08/15/25 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.478406% |
4.420220% |
15 |
||
|
07/17/25 |
0 |
0.00 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.478677% |
4.420497% |
16 |
||
|
06/17/25 |
0 |
0.00 |
1 |
30,000,000.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.478969% |
4.420796% |
17 |
||
|
(1) Foreclosure and REO Totals are included in the delinquencies aging categories. |
|||||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 21 of 32 |
||||||||||||||||||||
|
Delinquency Loan Detail |
|||||||||||||||
|
Paid |
Mortgage |
Outstanding |
Servicing |
Resolution |
|||||||||||
|
Through |
Months |
Loan |
Current P&I |
Outstanding P&I |
Servicer |
Actual Principal |
Transfer |
Strategy |
Bankruptcy |
Foreclosure |
|||||
|
Pros ID |
Loan ID |
Date |
Delinquent |
Status¹ |
Advances |
Advances |
Advances |
Balance |
Date |
Code² |
Date |
Date |
REO Date |
||
|
6 |
28000906 |
03/06/25 |
13 |
6 |
(410.00) |
430,817.37 |
4,207,437.63 |
30,000,000.00 |
03/20/25 |
2 |
|||||
|
Totals |
(410.00) |
430,817.37 |
4,207,437.63 |
30,000,000.00 |
|||||||||||
|
1 Mortgage Loan Status |
2 Resolution Strategy Code |
||||||||||||||
|
A - Payment Not Received But Still in Grace Period 0 - Current |
4 - Performing Matured Balloon |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
|||||||||||
|
B - Late Payment But Less Than 30 days |
1 - 30-59 Days Delinquent |
5 - Non Performing Matured Balloon |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
||||||||||
|
Delinquent |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
||||||||||||
|
2 - 60-89 Days Delinquent |
6 - 121+ Days Delinquent |
||||||||||||||
|
4 - Extension |
9 - Pending Return to Master Servicer |
13 - |
TBD |
||||||||||||
|
3 - 90-120 Days Delinquent |
|||||||||||||||
|
5 - Note Sale |
98 - Other |
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 22 of 32 |
||||||||||||||
|
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 |
335,501,890 |
305,501,890 |
30,000,000 |
0 |
||||
|
7 - 12 Months |
160,819,563 |
160,819,563 |
0 |
0 |
||||
|
13 - 24 Months |
0 |
0 |
0 |
0 |
||||
|
25 - 36 Months |
0 |
0 |
0 |
0 |
||||
|
37 - 48 Months |
0 |
0 |
0 |
0 |
||||
|
49 - 60 Months |
0 |
0 |
0 |
0 |
||||
|
> 60 Months |
0 |
0 |
0 |
0 |
||||
|
Historical Delinquency Information |
||||||||
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|||
|
May-26 |
496,321,453 |
466,321,453 |
0 |
0 |
30,000,000 |
0 |
||
|
Apr-26 |
504,934,044 |
474,934,044 |
0 |
0 |
30,000,000 |
0 |
||
|
Mar-26 |
505,772,540 |
475,772,540 |
0 |
0 |
30,000,000 |
0 |
||
|
Feb-26 |
506,756,432 |
476,756,432 |
0 |
0 |
30,000,000 |
0 |
||
|
Jan-26 |
507,604,931 |
477,604,931 |
0 |
0 |
30,000,000 |
0 |
||
|
Dec-25 |
508,415,288 |
478,415,288 |
0 |
0 |
30,000,000 |
0 |
||
|
Nov-25 |
509,289,608 |
479,289,608 |
0 |
0 |
30,000,000 |
0 |
||
|
Oct-25 |
528,463,000 |
498,463,000 |
0 |
0 |
30,000,000 |
0 |
||
|
Sep-25 |
529,401,724 |
499,401,724 |
0 |
0 |
30,000,000 |
0 |
||
|
Aug-25 |
530,284,671 |
500,284,671 |
0 |
0 |
30,000,000 |
0 |
||
|
Jul-25 |
531,164,103 |
501,164,103 |
0 |
0 |
30,000,000 |
0 |
||
|
Jun-25 |
532,092,415 |
502,092,415 |
0 |
30,000,000 |
0 |
0 |
||
|
(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 23 of 32 |
|||||||
|
Specially Serviced Loan Detail - Part 1 |
||||||||||
|
Ending Scheduled |
Net Operating |
Remaining |
||||||||
|
Pros ID |
Loan ID |
Balance |
Actual Balance |
Appraisal Value |
Appraisal Date |
Income |
DSCR |
DSCR Date |
Maturity Date |
Amort Term |
|
6 |
28000906 |
30,000,000.00 |
30,000,000.00 |
17,200,000.00 |
05/01/25 |
(3,579,183.00) |
(0.94270) |
12/31/25 |
07/06/26 |
I/O |
|
7 |
883100641 |
14,567,594.77 |
14,567,594.77 |
49,600,000.00 |
10/31/25 |
2,291,283.00 |
2.16340 |
12/31/25 |
11/06/26 |
245 |
|
8 |
883100636 |
7,243,106.54 |
7,243,106.54 |
17,300,000.00 |
11/04/25 |
984,333.00 |
1.86920 |
12/31/25 |
11/06/26 |
245 |
|
23 |
883100638 |
9,806,677.66 |
9,806,677.66 |
21,210,000.00 |
11/04/25 |
1,347,709.00 |
1.89020 |
12/31/25 |
11/06/26 |
245 |
|
39 |
28000967 |
5,516,948.06 |
5,516,948.06 |
-- |
949,078.29 |
1.93000 |
-- |
11/06/26 |
245 |
|
|
40 |
883100629 |
4,720,226.94 |
4,720,226.94 |
8,000,000.00 |
11/04/25 |
443,058.00 |
1.29100 |
12/31/25 |
11/06/26 |
245 |
|
42 |
883100637 |
3,947,085.43 |
3,947,085.43 |
10,200,000.00 |
11/06/25 |
397,352.00 |
1.38460 |
12/31/25 |
11/06/26 |
245 |
|
45 |
883100639 |
2,929,796.15 |
2,929,796.15 |
9,860,000.00 |
11/06/25 |
348,405.00 |
1.63560 |
12/31/25 |
11/06/26 |
245 |
|
52 |
883100625 |
2,604,262.57 |
2,604,262.57 |
6,190,000.00 |
11/13/25 |
443,047.00 |
2.34000 |
12/31/25 |
11/06/26 |
245 |
|
54 |
883100627 |
2,482,188.04 |
2,482,188.04 |
9,750,000.00 |
10/31/25 |
620,372.00 |
3.43770 |
12/31/25 |
11/06/26 |
245 |
|
55 |
883100632 |
2,319,421.91 |
2,319,421.91 |
8,310,000.00 |
11/06/25 |
479,365.00 |
2.84270 |
12/31/25 |
11/06/26 |
245 |
|
Totals |
86,137,308.07 |
86,137,308.07 |
157,620,000.00 |
4,724,819.29 |
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 24 of 32 |
|||||||||
|
Specially Serviced Loan Detail - Part 2 |
||||||
|
Servicing |
||||||
|
Property |
Transfer |
Resolution |
||||
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
|
6 |
28000906 |
OF |
NY |
03/20/25 |
2 |
|
|
Loan transferred for Imminent Default on 3/24/25. Collateral consists of a first-lien leasehold interest in a 247,183 SF, Class A, 21-story office building built in 19216 and located in Midtown Manhattan in NYC. As of 4/30/26, the Property was 74% |
||||||
|
occupied with NOI/DSCR: -$3.75MM/-0.90x. A Receiver has been appointed and foreclosure compliant has been filed. Receiver has engaged C&W as leasing agent and they are working to lease up the building. |
||||||
|
7 |
883100641 |
MF |
NV |
10/24/24 |
11 |
|
|
Loan transferred 11/1/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
||||||
|
State o f California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
||||||
|
manage the bus inesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
||||||
|
Inc. and J.K. Properties , Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
||||||
|
totaling $62.2MM. Loans have spring ing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a 492-unit garden-style multifamily property located Las Vegas, Nevada. The improvements were constructed in |
||||||
|
1989 and are situated on a 24.13-acre site. The Receiver has proposed to payoff the loan in full prior to maturity. |
||||||
|
8 |
883100636 |
MF |
CA |
10/24/24 |
11 |
|
|
Loan transferred 11/1/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
||||||
|
State o f California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
||||||
|
Inc. and J.K. Properties , Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
||||||
|
totaling $62.2MM. Loans have spring ing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Park Pointe is a 89-unit, single-building, 3-story apartment project, located in Westlake, Los Angeles CA. Built in 1971, the |
||||||
|
Property is situated on a 0.82 acre site. The Receiver has proposed to payoff the loan in full prior to maturity. |
||||||
|
23 |
883100638 |
MF |
CA |
10/24/24 |
11 |
|
|
Loan transferred 10/29/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
||||||
|
State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
||||||
|
totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Studio Village is a 169-unit, single-building, two-story apartment project, located in the neighborhood of North Hollywood, CA. |
||||||
|
Built in 1961, Property is situated on a 1.36 acre site. Property has 145 studio units & 24 one-bedroom / one-bathroom units. The Receiver has proposed to payoff the loan in full prior to Maturity. |
||||||
|
39 |
28000967 |
LO |
OH |
12/14/22 |
0 |
|
|
Special Servicer comments are not available for this cycle. |
||||||
|
40 |
883100629 |
MF |
CA |
10/24/24 |
11 |
|
|
Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
||||||
|
State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
||||||
|
manage the bu sinesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
||||||
|
totaling $62.2MM. Loans have sprin ging cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Property is a 50 unit, single-building, 3-story apartment project built in 1962 in Hollywood neighborhood of Los Angeles, CA. The |
||||||
|
Receiver has proposed to payoff the loans in full prior to Maturity. |
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 25 of 32 |
|||||
|
Specially Serviced Loan Detail - Part 2 |
|||||||||
|
Servicing |
|||||||||
|
Property |
Transfer |
Resolution |
|||||||
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
|||
|
42 |
883100637 |
MF |
CA |
10/24/24 |
11 |
||||
|
Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
|||||||||
|
State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
|||||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
|||||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
|||||||||
|
totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is a 54-unit, two-building, two story apartment project in Whittier, California. Built in 1963, the Property is a two-building, two- |
|||||||||
|
story, walk-up style apartment complex sit uated on 1.15 acres. The Receiver has proposed to payoff the loan in full prior to maturity. |
|||||||||
|
45 |
883100639 |
MF |
CA |
10/24/24 |
11 |
||||
|
Loan transferred 10/30/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
|||||||||
|
State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
|||||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
|||||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
|||||||||
|
totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Property is a 50-unit multi-family garden property, built in 1985, consisting of 11 (including one ancillary) two-story multi-family |
|||||||||
|
buildings on a 2.3 acre. The Receiver has proposed to payoff the loan in full prior to maturity. |
|||||||||
|
52 |
883100625 |
MF |
CA |
10/24/24 |
11 |
||||
|
Loan transferred 10/30/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business.On August 6, 2024, the Superior Court of the |
|||||||||
|
State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
|||||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
|||||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
|||||||||
|
totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a 40-unit single building, two-story apartment project built in 1955 on a 0.6 acre site. The Property has 29 studio |
|||||||||
|
units, 10 one-bedroom / one-bathroom units and on e two-bedroom / one-bathroom unit. The Receiver has proposed to payoff the loans in full prior to maturity. |
|||||||||
|
54 |
883100627 |
MF |
NV |
10/24/24 |
11 |
||||
|
Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business.On August 6, 2024, the Superior Court of the |
|||||||||
|
Stateof California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
|||||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
|||||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
|||||||||
|
totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is 64-unit Class-C MF, garden property located in Las Vegas, NV. Built in 1977, Property consists of 12 one and two story |
|||||||||
|
buildings, including one leasing office/laundry facility and one maintenance shop/pool house. The Receiver has proposed to payoff the loan in full prior to maturity. |
|||||||||
|
55 |
883100632 |
MF |
CA |
10/24/24 |
11 |
||||
|
Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the |
|||||||||
|
State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, |
|||||||||
|
manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, |
|||||||||
|
Inc. and J.K. Propertie s, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 9 loans to the Sponsor to refinance the fee simple interest in 9 multifamily Properties totaling 1,052 units, located in California and Nevada, |
|||||||||
|
totaling $62.2MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Subj is a 44-unit multi-family garden property located in San Bernardino, California. Built in 1985, the improvements contains |
|||||||||
|
eight buildings and are situated on a 2.50 acre site . The Receiver has proposed to payoff the loan in full prior to maturity. |
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1 Property Type Codes |
2 Resolution Strategy Code |
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|
HC - Health Care |
MU - Mixed Use |
WH - Warehouse |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
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MF - Multi-Family |
SS - Self Storage |
LO - Lodging |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
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RT - Retail |
SF - Single Family Rental |
98 - Other |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
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© 2021 Computershare. All rights reserved. Confidential. |
Page 26 of 32 |
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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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© 2021 Computershare. All rights reserved. Confidential. |
Page 27 of 32 |
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Modified Loan Detail |
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Pre-Modification |
Post-Modification |
Modification |
Modification |
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|
Modification |
Modification Booking |
Closing |
Effective |
||||||
|
Balance |
Rate |
Balance |
Rate |
||||||
|
Pros ID |
Loan Number |
Code¹ |
Date |
Date |
Date |
||||
|
5 |
310936587 |
30,418,634.82 |
4.85000% |
30,418,634.82 |
4.85000% |
10 |
07/07/20 |
05/11/20 |
08/11/20 |
|
9 |
883100651 |
23,955,891.94 |
4.83500% |
23,955,891.94 |
4.83500% |
10 |
08/10/20 |
09/06/20 |
10/13/20 |
|
17 |
301741165 |
15,009,891.04 |
5.06000% |
15,009,891.04 |
5.06000% |
8 |
08/06/20 |
08/06/20 |
10/13/20 |
|
17 |
301741165 |
0.00 |
5.06000% |
0.00 |
5.06000% |
8 |
09/21/20 |
08/06/20 |
10/13/20 |
|
32 |
307170032 |
7,509,186.74 |
4.84000% |
7,509,186.74 |
4.84000% |
10 |
07/17/20 |
05/06/20 |
08/11/20 |
|
32 |
307170032 |
0.00 |
4.84000% |
0.00 |
4.84000% |
10 |
07/01/20 |
04/11/20 |
08/11/20 |
|
34 |
300571633 |
0.00 |
5.32000% |
0.00 |
5.32000% |
8 |
03/31/21 |
10/06/19 |
-- |
|
37 |
301741161 |
6,446,256.78 |
4.74400% |
6,446,256.78 |
4.74400% |
10 |
07/01/20 |
04/11/20 |
08/11/20 |
|
37 |
301741161 |
0.00 |
4.74400% |
0.00 |
4.74400% |
10 |
07/17/20 |
05/06/20 |
08/11/20 |
|
Totals |
83,339,861.32 |
83,339,861.32 |
|||||||
|
1 Modification Codes |
|||||||||
|
1 - Maturity Date Extension |
5 - Temporary Rate Reduction |
8 - Other |
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|
2 - Amortization Change |
6 - Capitalization on Interest |
9 - Combination |
|||||||
|
3 - Principal Write-Off |
7 - Capitalization on Taxes |
10 - Forbearance |
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|
Note: Please refer to Servicer Reports for modification comments. |
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|
© 2021 Computershare. All rights reserved. Confidential. |
Page 28 of 32 |
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Historical Liquidated Loan Detail |
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|
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 |
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|
Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
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© 2021 Computershare. All rights reserved. Confidential. |
Page 29 of 32 |
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|
Historical Bond / Collateral Loss Reconciliation Detail |
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|
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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© 2021 Computershare. All rights reserved. Confidential. |
Page 30 of 32 |
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|
Interest Shortfall Detail - Collateral Level |
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|
Special Servicing Fees |
Modified |
|||||||||||
|
Deferred |
Non- |
Reimbursement of |
Other |
Interest |
||||||||
|
Interest |
Interest |
Recoverable |
Interest on |
Advances from |
Shortfalls / |
Reduction / |
||||||
|
Pros ID |
Adjustments |
Collected |
Monthly |
Liquidation |
Work Out |
ASER |
PPIS / (PPIE) |
Interest |
Advances |
Interest |
(Refunds) |
(Excess) |
|
6 |
0.00 |
0.00 |
6,250.00 |
0.00 |
0.00 |
0.00 |
0.00 |
102,725.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
39 |
0.00 |
0.00 |
0.00 |
0.00 |
351.60 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
52 |
0.00 |
0.00 |
3,500.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
54 |
0.00 |
0.00 |
3,500.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
13,250.00 |
0.00 |
351.60 |
0.00 |
0.00 |
102,725.00 |
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 |
116,326.60 |
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|
© 2021 Computershare. All rights reserved. Confidential. |
Page 31 of 32 |
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Supplemental Notes |
||
|
None |
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© 2021 Computershare. All rights reserved. Confidential. |
Page 32 of 32 |
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