EX-99.1 2 wcm11c05_ex991-202108.htm wcm11c05_ex991-202108.htm - Generated by SEC Publisher for SEC Filing

 

       

 

 

For Additional Information, please contact

 

WFRBS Commercial Mortgage Trust 2011-C5

CTSLink Customer Service

 

 

 

1-866-846-4526

 

 

Wells Fargo Bank, N.A.

Commercial Mortgage Pass-Through Certificates

Reports Available www.ctslink.com

Corporate Trust Services

Series 2011-C5 

Payment Date:

8/17/21

8480 Stagecoach Circle

 

Record Date:

7/30/21

Frederick, MD 21701-4747

 

Determination Date:

8/11/21

 

         

 

DISTRIBUTION DATE STATEMENT

 

 

 

 

Table of Contents

 

 

 

 

STATEMENT SECTIONS

 

PAGE(s)

 

 

Certificate Distribution Detail

 

2

 

 

Certificate Factor Detail

 

3

 

 

Reconciliation Detail

 

4

 

 

Other Required Information

 

5

 

 

Cash Reconciliation

 

6

 

 

Ratings Detail

 

7

 

 

Current Mortgage Loan and Property Stratification Tables

8 - 10

 

 

Mortgage Loan Detail

 

11 - 12

 

 

NOI Detail

 

13

 

 

Principal Prepayment Detail

 

14

 

 

Historical Detail

 

15

 

 

Delinquency Loan Detail

 

16

 

 

Specially Serviced Loan Detail

 

17 - 19

 

 

Advance Summary

 

20

 

 

Modified Loan Detail

 

21

 

 

Historical Liquidated Loan Detail

 

22

 

 

Historical Bond/Collateral Loss Reconciliation Detail

23

 

 

Interest Shortfall Reconciliation Detail

 

24 - 25

 

 

Defeased Loan Detail

 

26

 

 

Depositor

Master Servicer

Special Servicer

Trust Advisor

Wells Fargo Commercial Mortgage

 

 

 

 

Securities, Inc.

Wells Fargo Bank, National Association

Rialto Capital Advisors, LLC

Trimont Real Estate Advisors, LLC

375 Park Avenue

Three Wells Fargo, MAC D1050-084

200 S. Biscayne Blvd.

3500 Lenox Road

2nd Floor, J0127-023

401 S. Tryon Street, 8th Floor

Suite 3550

 

Suite G1

New York, NY 10152

Charlotte, NC 28202

Miami, FL 33131

 

Atlanta, GA 30326

Contact:

Contact:

 

 

 

Anthony.Sfarra@wellsfargo.com

REAM_InvestorRelations@wellsfargo.com

Contact: General

 

Contact: Trustadvisor@trimontrea.com

Phone Number: (212) 214-5613

Phone Number:

Phone Number: (305) 229-6465

Phone Number:

 

This report is compiled by Wells Fargo Bank, N.A. from information provided by third parties. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of the information.

   

Copyright 2021, Wells Fargo Bank, N.A.

Page 1 of 26

 


 
 

 

                       

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

 

 

 

 

 

Class

CUSIP

 

Original

Beginning

Principal

Interest

Prepayment

Realized Loss /

Total

Ending

Current

 

 

Rate

Balance

Balance

Distribution

Distribution

Penalties

Additional Trust

Distribution

Balance

Subordination

 

 

 

 

 

 

 

 

Fund Expenses

 

 

Level (1)

 

A-1

92936JAY0

1.456000%

66,527,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

A-2

92936JAZ7

2.684000%

118,410,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

A-3

92936JBA1

3.526000%

107,908,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

A-4

92936JBB9

3.667000%

470,955,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

A-S

92936JAE4

5.961342%

85,928,000.00

69,799,452.68

69,799,452.68

346,748.70

0.00

0.00

70,146,201.38

0.00

0.00%

B

92936JAG9

5.961342%

54,557,000.00

54,557,000.00

13,607,973.62

271,027.46

0.00

0.00

13,879,001.08

40,949,026.38

81.85%

C

92936JAJ3

5.961342%

40,918,000.00

40,918,000.00

0.00

203,271.84

0.00

0.00

203,271.84

40,918,000.00

63.72%

D

92936JAL8

5.961342%

25,915,000.00

25,915,000.00

0.00

128,740.16

0.00

0.00

128,740.16

25,915,000.00

52.23%

E

92936JAN4

5.961342%

49,101,000.00

49,101,000.00

0.00

243,923.23

0.00

0.00

243,923.23

49,101,000.00

30.47%

F

92936JAQ7

5.250000%

17,731,000.00

17,731,000.00

0.00

77,573.13

0.00

0.00

77,573.13

17,731,000.00

22.61%

G

92936JAS3

5.250000%

16,367,000.00

16,367,000.00

0.00

71,605.63

0.00

0.00

71,605.63

16,367,000.00

15.36%

H

92936JAU8

5.250000%

36,826,970.00

34,659,704.24

0.00

133,714.96

0.00

0.00

133,714.96

34,659,704.24

0.00%

R

92936JAW4

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

 

Totals

 

 

1,091,143,970.01

309,048,156.92

83,407,426.30

1,476,605.11

0.00

0.00

84,884,031.41

225,640,730.62

 

 

 

 

 

 

Original

Beginning

 

 

 

Ending

 

 

 

Class

CUSIP

Pass-Through

Notional

Notional

Interest

Prepayment

Total

Notional

 

 

 

 

 

Rate

Amount

Amount

Distribution

Penalties

Distribution

Amount

 

 

 

 

X-A

92936JAA2

0.000000%

849,728,000.00

69,799,452.68

0.00

0.00

0.00

0.00

 

 

 

X-B

92936JAC8

0.204433%

241,415,970.00

239,248,704.24

40,758.56

0.00

40,758.56

225,640,730.62

 

 

 

 

(1) Calculated by taking (A) the sum of the ending certificate balance of all classes 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).

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

Page 2 of 26

 


 
 

 

               

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

Beginning

Principal

Interest

Prepayment

Realized Loss /

Ending

Class

CUSIP

 

 

 

 

Additional Trust

 

 

 

Balance

Distribution

Distribution

Penalties

 

Balance

 

 

 

 

 

 

Fund Expenses

 

 

A-1

92936JAY0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

92936JAZ7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

92936JBA1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-4

92936JBB9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S

92936JAE4

812.30160925

812.30160925

4.03534005

0.00000000

0.00000000

0.00000000

B

92936JAG9

1,000.00000000

249.42672104

4.96778525

0.00000000

0.00000000

750.57327896

C

92936JAJ3

1,000.00000000

0.00000000

4.96778533

0.00000000

0.00000000

1,000.00000000

D

92936JAL8

1,000.00000000

0.00000000

4.96778545

0.00000000

0.00000000

1,000.00000000

E

92936JAN4

1,000.00000000

0.00000000

4.96778538

0.00000000

0.00000000

1,000.00000000

F

92936JAQ7

1,000.00000000

0.00000000

4.37500028

0.00000000

0.00000000

1,000.00000000

G

92936JAS3

1,000.00000000

0.00000000

4.37500031

0.00000000

0.00000000

1,000.00000000

H

92936JAU8

941.15003868

0.00000000

3.63089768

0.00000000

0.00000000

941.15003868

R

92936JAW4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

 

 

Beginning

 

 

Ending

 

 

Class

CUSIP

Notional

Interest

Prepayment

Notional

 

 

 

 

Amount

Distribution

Penalties

Amount

 

 

 

X-A

92936JAA2

82.14328901

0.00000000

0.00000000

0.00000000

 

 

X-B

92936JAC8

991.02269100

0.16883125

0.00000000

934.65536112

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

Page 3 of 26

 


 
 

 

                       

 

 

 

 

 

Reconciliation Detail

 

 

 

 

Principal Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Stated Beginning Principal

Unpaid Beginning

               Scheduled Principal

Unscheduled

Principal

Realized Loss

Stated Ending

Unpaid Ending

Current Principal

 

Balance

 

Principal Balance

 

 

Principal

Adjustments

 

Principal Balance

Principal Balance

Distribution Amount

 

Total

309,048,156.92

309,524,366.94

50,392,070.49

33,015,355.81

0.00

0.00

225,640,730.62

226,045,520.69

83,407,426.30

 

Certificate Interest Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Distributable

 

 

 

Remaining Unpaid

 

Accrual

Accrual

 

 

 

 

WAC CAP

Interest

Interest

 

Class

 

 

Certificate

Prepayment

Certificate

Certificate Interest

 

 

 

Distributable

 

Dates

Days

 

 

 

 

 

Shortfall

Shortfall/(Excess)

Distribution

 

 

 

 

Interest

Interest Shortfall

Interest

Adjustment

 

 

 

Certificate Interest

 

A-1

N/A

N/A

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

A-3

N/A

N/A

0.00

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

A-4

N/A

N/A

0.00

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

X-A

N/A

N/A

0.00

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

X-B

07/01/2021 - 07/30/2021

30

40,758.56

0.00

40,758.56

0.00

0.00

0.00

40,758.56

0.00

A-S

07/01/2021 - 07/30/2021

30

346,748.70

0.00

346,748.70

0.00

0.00

0.00

346,748.70

0.00

B

07/01/2021 - 07/30/2021

30

271,027.46

0.00

271,027.46

0.00

0.00

0.00

271,027.46

0.00

C

07/01/2021 - 07/30/2021

30

203,271.84

0.00

203,271.84

0.00

0.00

0.00

203,271.84

0.00

D

07/01/2021 - 07/30/2021

30

128,740.16

0.00

128,740.16

0.00

0.00

0.00

128,740.16

0.00

E

07/01/2021 - 07/30/2021

30

243,923.23

0.00

243,923.23

0.00

0.00

0.00

243,923.23

0.00

F

07/01/2021 - 07/30/2021

30

77,573.13

0.00

77,573.13

0.00

0.00

0.00

77,573.13

0.00

G

07/01/2021 - 07/30/2021

30

71,605.63

0.00

71,605.63

0.00

0.00

0.00

71,605.63

0.00

H

07/01/2021 - 07/30/2021

30

151,636.21

0.00

151,636.21

0.00

0.00

17,921.25

133,714.96

196,848.32

 

Totals

 

 

1,535,284.92

0.00

1,535,284.92

0.00

0.00

17,921.25

1,517,363.67

196,848.32

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 4 of 26

 


 
 

 

             

 

Other Required Information

 

 

 

 

 

 

Available Distribution Amount (1)

84,924,789.97

Appraisal Reduction Amount

 

 

 

 

 

 

Loan

Loan

Appraisal

Cumulative

Date Appraisal

Master Servicing Fee Summary

 

Number

Group

Reduction

ASER

Reduction

 

 

 

 

Amount

Amount

Effected

Current Period Accrued Master Servicing Fees

27,002.91

 

 

 

 

 

Less Delinquent Master Servicing Fees

7,168.50

 

 

 

 

 

Less Reductions to Master Servicing Fees

0.00

Total

 

 

 

 

Plus Master Servicing Fees for Delinquent Payments Received

9,041.78

 

 

 

 

 

Plus Adjustments for Prior Master Servicing Calculation

0.00

 

 

 

 

 

Total Master Servicing Fees Collected

28,876.19

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 5 of 26

 


 
 

 

       

 

Cash Reconciliation Detail

 

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest:

 

Fees:

 

Scheduled Interest

1,564,030.89

Master Servicing Fee

27,002.91

Interest reductions due to Nonrecoverability Determinations

0.00

Trustee Fee - Deutsche Bank Trust Company Americas

71.85

Interest Adjustments

0.00

Certificate Administration Fee - Wells Fargo Bank, N.A.

1,045.87

Deferred Interest

0.00

Insurer Fee

0.00

ARD Interest

0.00

Trust Advisor Ongoing Fee - Trimont Real Estate Advisors, Inc.

625.39

Net Prepayment Interest Shortfall

0.00

Total Fees

28,746.02

Net Prepayment Interest Excess

0.00

 

 

Extension Interest

0.00

Additional Trust Fund Expenses:

 

Interest Reserve Withdrawal

0.00

Reimbursement for Interest on Advances

0.00

 

 

 

 

 

 

ASER Amount

0.00

Total Interest Collected

1,564,030.89

Special Servicing Fee

17,921.25

Principal:

 

Rating Agency Expenses

0.00

Scheduled Principal

50,392,070.49

Attorney Fees & Expenses

0.00

Unscheduled Principal

33,015,355.81

Bankruptcy Expense

0.00

Principal Prepayments

33,015,355.81

Taxes Imposed on Trust Fund

0.00

Collection of Principal after Maturity Date

0.00

Non-Recoverable Advances

0.00

Recoveries from Liquidation and Insurance Proceeds

0.00

Workout Delayed Reimbursement Amounts

0.00

Excess of Prior Principal Amounts paid

0.00

Other Expenses

0.00

Curtailments

0.00

Total Additional Trust Fund Expenses

17,921.25

Negative Amortization

0.00

 

 

Principal Adjustments

0.00

Interest Reserve Deposit

0.00

 

Total Principal Collected

83,407,426.30

Payments to Certificateholders & Others:

 

Other:

 

Interest Distribution

1,517,363.67

Prepayment Penalties/Yield Maintenance

0.00

Principal Distribution

83,407,426.30

Repayment Fees

0.00

Prepayment Penalties/Yield Maintenance

0.00

Borrower Option Extension Fees

0.00

Borrower Option Extension Fees

0.00

Excess Liquidation Proceeds

0.00

Equity Payments Paid

0.00

Net Swap Counterparty Payments Received

0.00

Net Swap Counterparty Payments Paid

0.00

Total Other Collected:

0.00

Total Payments to Certificateholders & Others

84,924,789.97

Total Funds Collected

84,971,457.19

Total Funds Distributed

84,971,457.24

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

Page 6 of 26

 


 
 

 

                 

 

 

 

 

 

Ratings Detail

 

 

 

 

 

 

 

 

 

 

Original Ratings

Current Ratings (1)

 

 

 

Class

CUSIP

 

 

 

 

 

 

 

 

 

Fitch

Moody's

Fitch

Moody's

 

 

 

 

A-1

92936JAY0

AAA

Aaa

PIF

N/A

 

 

 

A-2

92936JAZ7

AAA

Aaa

PIF

N/A

 

 

 

A-3

92936JBA1

AAA

Aaa

PIF

N/A

 

 

 

A-4

92936JBB9

AAA

Aaa

PIF

Aaa

 

 

 

X-A

92936JAA2

AAA

Aaa

AAA

Aaa

 

 

 

X-B

92936JAC8

NR

Aaa

NR

Ba3

 

 

 

A-S

92936JAE4

AAA

Aaa

AAA

Aaa

 

 

 

B

92936JAG9

AA

Aa2

AAA

Aa2

 

 

 

C

92936JAJ3

A

A2

A

A2

 

 

 

D

92936JAL8

BBB+

Baa1

BBB+

Baa1

 

 

 

E

92936JAN4

BBB-

Baa3

BBB-

Baa3

 

 

 

F

92936JAQ7

BB

Ba2

BB

Ba2

 

 

 

G

92936JAS3

B

B2

B

B2

 

 

 

H

92936JAU8

NR

NR

NR

NR

 

 

NR

- Designates that the class was not rated by the above agency at the time of original issuance.

N/A -

Data not available this period.

 

 

X

- Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance.

 

1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating

 

 

information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed

 

above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies.

 

 

 

 

Fitch, Inc.

 

 

 

Moody's Investors Service

 

 

 

One State Street Plaza

 

 

7 World Trade Center

 

 

 

New York, New York 10004

 

 

at 250 Greenwich St.

 

 

 

(212) 908-0500

 

 

New York, NY 10007

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

Page 7 of 26

 


 
 

 

                           

 

 

Current Mortgage Loan and Property Stratification Tables

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

Aggregate Pool

 

State (3)

 

 

 

 

 

 

Scheduled

# of

Scheduled

% of

WAM

 

Weighted

 

# of

Scheduled

% of

WAM

WAC

Weighted

 

 

 

Agg.

 

WAC

 

State

 

 

Agg.

 

 

 

Balance

Loans

Balance

 

(2)

 

Avg DSCR (1)

 

Props

Balance

 

(2)

 

Avg DSCR (1)

 

 

 

Bal.

 

 

 

 

 

 

Bal.

 

 

 

 

Defeased

6

23,967,703.61

10.62

2

6.1737

NAP

Defeased

7

23,967,703.61

10.62

2

6.1737

NAP

2,000,000 or less

0

0.00

0.00

0

0.0000

0.000000

California

1

33,926,046.91

15.04

3

5.8000

1.454400

2,000,001 to 3,000,000

3

7,319,558.68

3.24

2

6.4770

1.236127

Illinois

2

10,905,718.06

4.83

1

6.3867

0.768824

3,000,001 to 4,000,000

0

0.00

0.00

0

0.0000

0.000000

Louisiana

1

2,245,443.90

1.00

2

6.5000

2.508900

4,000,001 to 5,000,000

0

0.00

0.00

0

0.0000

0.000000

Michigan

1

2,125,554.55

0.94

1

6.7400

1.072800

5,000,001 to 6,000,000

0

0.00

0.00

0

0.0000

0.000000

New York

2

14,480,031.76

6.42

0

5.7785

1.249402

6,000,001 to 7,000,000

0

0.00

0.00

0

0.0000

0.000000

North Carolina

1

40,293,740.85

17.86

1

5.9410

0.328000

7,000,001 to 8,000,000

4

30,165,886.18

13.37

1

6.0986

0.783772

Pennsylvania

1

7,728,696.59

3.43

2

6.3570

(0.219800)

 

 

 

 

 

 

 

Texas

3

81,166,542.99

35.97

0

5.6071

1.258453

8,000,001 to 9,000,000

1

8,801,251.40

3.90

2

6.3570

0.716200

West Virginia

1

8,801,251.40

3.90

2

6.3570

0.716200

9,000,001 to 10,000,000

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

10,000,001 to 15,000,000

1

12,864,843.26

5.70

2

6.2500

1.390400

Totals

20

225,640,730.62

100.00

1

5.8791

1.068969

15,000,001 to 20,000,000

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

20,000,001 to 30,000,000

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

30,000,001 to 50,000,000

2

74,219,787.76

32.89

2

5.8765

0.842880

 

 

 

 

 

 

 

50,000,001 to 80,000,000

1

68,301,699.73

30.27

0

5.4860

1.233600

See footnotes on last page of this section.

 

 

 

 

 

80,000,001 to 90,000,000

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

90,000,001 or greater

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

18

225,640,730.62

100.00

1

5.8791

1.068969

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 8 of 26

 


 
 

 

                           

 

 

Current Mortgage Loan and Property Stratification Tables

 

 

 

 

 

 

 

 

 

 

Aggregate Pool

 

 

 

 

 

 

 

Debt Service Coverage Ratio (1)

 

 

 

 

 

Property Type (3)

 

 

 

 

 

 

 

 

% of

 

 

 

 

 

 

% of

 

 

 

Debt Service

# of

Scheduled

 

WAM

WAC

Weighted

Property

# of

Scheduled

Agg.

WAM

WAC

Weighted

 

 

 

Agg.

 

 

 

 

 

 

 

 

 

 

Coverage Ratio

Loans

Balance

Bal.

(2)

 

Avg DSCR (1)

Type

Props

Balance

Bal.

(2)

 

Avg DSCR (1)

 

Defeased

6

23,967,703.61

10.62

2

6.1737

NAP

Defeased

7

23,967,703.61

10.62

2

6.1737

NAP

1.20 or less

7

77,296,638.19

34.26

1

6.1446

0.340300

Lodging

4

64,265,365.58

28.48

1

6.0838

0.243352

1.21 to 1.30

1

68,301,699.73

30.27

0

5.4860

1.233600

Mobile Home Park

1

2,245,443.90

1.00

2

6.5000

2.508900

1.31 to 1.40

1

12,864,843.26

5.70

2

6.2500

1.390400

Office

1

2,948,560.23

1.31

2

6.2700

0.384600

1.41 to 1.50

1

33,926,046.91

15.04

3

5.8000

1.454400

Retail

6

130,088,102.75

57.65

1

5.6900

1.376068

1.51 to 1.60

0

0.00

0.00

0

0.0000

0.000000

Self Storage

1

2,125,554.55

0.94

1

6.7400

1.072800

1.61 to 1.70

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

1.71 to 1.80

0

0.00

0.00

0

0.0000

0.000000

Totals

20

225,640,730.62

100.00

1

5.8791

1.068969

1.81 to 1.90

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

1.91 to 2.00

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

2.01 to 3.00

2

9,283,798.92

4.11

0

5.5751

2.790546

 

 

 

 

 

 

 

3.01 or greater

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

18

225,640,730.62

100.00

1

5.8791

1.068969

 

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

 

Seasoning

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

% of

 

 

 

Note

# of

Scheduled

% of

WAM

 

Weighted

 

# of

Scheduled

 

WAM

 

Weighted

 

 

 

Agg.

 

WAC

 

Seasoning

 

 

Agg.

 

WAC

 

Rate

Loans

Balance

 

(2)

 

Avg DSCR (1)

 

Loans

Balance

 

(2)

 

Avg DSCR (1)

 

 

 

Bal.

 

 

 

 

 

 

Bal.

 

 

 

 

Defeased

6

23,967,703.61

10.62

2

6.1737

NAP

Defeased

6

23,967,703.61

10.62

2

6.1737

NAP

4.750% or less

0

0.00

0.00

0

0.0000

0.000000

3 months or less

0

0.00

0.00

0

0.0000

0.000000

4.751% to 5.000%

0

0.00

0.00

0

0.0000

0.000000

4 months or greater

12

201,673,027.01

89.38

1

5.8441

1.010037

5.001% to 5.250%

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

5.251% or 5.500%

2

75,340,054.75

33.39

0

5.4668

1.387446

Totals

18

225,640,730.62

100.00

1

5.8791

1.068969

5.501% to 5.750%

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

5.751% to 6.000%

2

74,219,787.76

32.89

2

5.8765

0.842880

 

 

 

 

 

 

 

6.001% to 6.250%

2

20,306,520.00

9.00

2

6.2500

0.773416

 

 

 

 

 

 

 

6.251% to 6.500%

5

29,681,109.95

13.15

2

6.3787

0.627431

 

 

 

 

 

 

 

6.501% or greater

1

2,125,554.55

0.94

1

6.7400

1.072800

 

 

 

 

 

 

 

 

Totals

18

225,640,730.62

100.00

1

5.8791

1.068969

 

 

 

 

 

 

 

 

See footnotes on last page of this section.

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 9 of 26

 


 
 

 

                                   

 

 

 

Current Mortgage Loan and Property Stratification Tables

 

 

 

 

 

 

 

 

 

 

 

 

                Aggregate Pool

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

% of

 

 

 

 

 

 

 

 

 

 

 

                        Anticipated Remaining

# of

Scheduled

 

WAM

WAC

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Agg.

 

 

 

 

 

 

 

 

 

 

 

 

Term (2)

 

Loans

Balance

 

(2)

 

Avg DSCR (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bal.

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

 

6

23,967,703.61

10.62

2

6.1737

NAP

 

 

 

 

 

 

 

 

 

60 months or less

12

201,673,027.01

89.38

1

5.8441

1.010037

 

 

 

 

 

 

 

 

 

61 to 84 months

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

 

 

85 months or greater

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

 

 

 

Totals

 

18

225,640,730.62

100.00

1

5.8791

1.068969

 

 

 

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

 

 

 

 

% of

 

 

 

 

 

 

 

 

 

 

 

 

 

Remaining Amortization

# of

Scheduled

 

WAM

 

Weighted

Age of Most

# of

Scheduled

% of

WAM

 

Weighted

 

 

 

 

Agg.

 

WAC

 

 

 

 

 

 

 

Agg.

 

 

 

Term

 

Loans

Balance

 

(2)

 

Avg DSCR (1)

Recent NOI

Loans

Balance

 

(2)

WAC

Avg DSCR (1)

 

 

 

 

Bal.

 

 

 

 

 

 

 

 

 

Bal.

 

 

 

 

Defeased

6

23,967,703.61

10.62

2

6.1737

      NAP

 

Defeased

 

6

23,967,703.61

10.62

2

6.1737

NAP

240 months or less

9

152,636,692.94

67.65

1

5.8100

0.857161

Underwriter's Information

0

0.00

0.00

0

0.0000

0.000000

241 to 300 months

3

49,036,334.07

21.73

3

5.9501

1.485896

1 year or less

0

0.00

0.00

0

0.0000

0.000000

301 months or greater

0

0.00

0.00

0

0.0000

0.000000

1 to 2 years

2

42,539,184.75

18.85

1

5.9705

0.443119

 

Totals

 

18

225,640,730.62

100.00

1

5.8791

1.068969

2 years or more

10

159,133,842.26

70.53

1

5.8103

1.161583

 

 

 

 

 

 

 

 

 

 

Totals

 

18

225,640,730.62

100.00

1

5.8791

1.068969

 

(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.

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 10 of 26

 


 
 

 

                                   

 

 

 

 

 

 

 

Mortgage Loan Detail

 

 

 

 

 

 

 

 

Loan

 

Property

 

 

Interest

Principal

Gross

Anticipated

Maturity

Neg.

Beginning

Ending

Paid

Appraisal

Appraisal

Res.

Mod.

Number

ODCR

Type (1)

City

State

Payment

Payment

Coupon

Repayment

Date

Amort

Scheduled

Scheduled

Thru

Reduction

Reduction

Strat.

Code

 

 

 

 

 

 

 

 

Date

 

(Y/N)

Balance

Balance

Date

Date

Amount

(2)

(3)

 

440000047

3

RT

Various

TX

323,324.32

140,408.82

5.486%

N/A

8/1/21

N

68,442,108.55

68,301,699.73

7/1/21

 

 

4

10

440000060

4

RT

Rochester Hills

MI

228,399.22

45,339,795.35

5.850%

N/A

8/1/21

N

45,339,795.35

0.00

8/1/21

 

 

 

 

440000052

5

LO

Raleigh

NC

206,528.33

76,458.89

5.941%

N/A

9/1/21

N

40,370,199.74

40,293,740.85

8/1/21

 

 

 

 

440000061

6

RT

San Luis Obispo

CA

169,766.07

64,935.15

5.800%

N/A

11/1/21

N

33,990,982.06

33,926,046.91

8/1/21

 

 

 

 

440000056

11

OF

Torrance

CA

92,100.47

17,975,695.62

5.950%

N/A

10/1/21

N

17,975,695.62

0.00

8/1/21

 

 

 

 

440000055

17

OF

Torrance

CA

67,220.25

13,119,701.49

5.950%

N/A

10/1/21

N

13,119,701.49

0.00

8/1/21

 

 

 

 

416000036

18

RT

Amarillo

TX

69,361.63

22,995.95

6.250%

N/A

10/1/21

N

12,887,839.21

12,864,843.26

8/1/21

 

 

 

 

416000033

23

LO

Wheeling

WV

48,321.32

26,037.64

6.357%

N/A

10/1/21

N

8,827,289.04

8,801,251.40

8/1/21

 

 

 

 

416000029

24

RT

Various

Various

49,365.01

17,568.63

6.060%

N/A

9/1/21

N

9,459,918.07

9,442,349.44

8/1/21

 

 

 

 

416000035

26

LO

Monroeville

PA

42,432.69

22,864.61

6.357%

N/A

10/1/21

N

7,751,561.20

7,728,696.59

7/1/21

 

 

13

 

310912807

27

LO

Verona

NY

40,171.77

22,496.82

6.250%

N/A

9/1/21

N

7,464,173.56

7,441,676.74

8/1/21

 

 

 

 

861100028

28

RT

Belleville

IL

44,135.34

13,905.77

6.430%

N/A

9/1/21

N

7,971,063.60

7,957,157.83

8/1/21

 

 

 

 

440000041

30

RT

Poughkeepsie

NY

32,069.37

15,026.01

5.280%

N/A

7/1/21

N

7,053,381.03

7,038,355.02

4/1/20

6/11/21

 

13

 

861100047

47

SS

Kentfield

CA

21,366.09

4,519,533.22

5.490%

N/A

8/1/22

N

4,519,533.22

0.00

8/1/21

 

 

 

 

416000031

52

RT

San Diego

CA

18,170.90

6,956.97

5.840%

N/A

9/1/21

N

3,613,303.84

3,606,346.87

8/1/21

 

 

 

 

416000032

54

RT

Ponte Vedra Beach

FL

19,442.69

6,298.81

6.320%

N/A

10/1/21

N

3,572,565.00

3,566,266.19

8/1/21

 

 

 

 

416000037

58

OF

Chicago

IL

15,958.19

7,115.84

6.270%

N/A

10/1/21

N

2,955,676.07

2,948,560.23

8/1/21

 

 

 

 

861100062

62

RT

Tustin

CA

13,872.32

4,599.20

6.250%

N/A

10/1/21

N

2,577,567.21

2,572,968.01

8/1/21

 

 

 

 

861100063

63

RT

Beverly Hills

MI

10,279.16

1,989,515.75

6.000%

N/A

9/1/21

N

1,989,515.75

0.00

8/1/21

 

 

 

 

861100064

64

MH

Goshen

IN

13,725.11

4,162.42

6.500%

N/A

11/9/21

N

2,452,128.63

2,447,966.21

8/9/21

 

 

 

 

861100065

65

RT

Buford

GA

13,073.98

3,991.86

6.500%

N/A

10/7/21

N

2,335,798.75

2,331,806.89

8/7/21

 

 

 

 

861100067

67

MH

Bossier City

LA

12,589.76

3,844.01

6.500%

N/A

10/1/21

N

2,249,287.91

2,245,443.90

8/1/21

 

 

 

 

410912186

68

SS

Taylor

MI

12,356.90

3,517.47

6.740%

N/A

9/1/21

N

2,129,072.02

2,125,554.55

8/1/21

 

 

 

 

 

 

 

 

See footnotes on last page of this section.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 11 of 26

 

 


 
 

 

                                                 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Detail

 

 

 

 

 

 

 

 

 

 

Loan

               Property

 

 

 

 

Interest

Principal

 

Gross

Anticipated

Maturity            Neg.

Beginning

 

Ending

Paid

Appraisal

Appraisal

Res.

Mod.

Number             ODCR            Type (1)

 

 

City

State

Payment

Payment

 

Coupon

Repayment

Date

Amort

Scheduled

 

Scheduled

Thru

Reduction

Reduction

Strat.

Code

 

 

 

 

 

 

 

 

 

 

 

 

Date

 

 

(Y/N)

Balance

 

Balance

Date

Date

 

Amount

(2)

(3)

 

 

 

 

Totals

 

 

 

 

 

1,564,030.89

83,407,426.30

 

 

 

 

 

309,048,156.92

225,640,730.62

 

 

 

0.00

 

 

 

 

 

(1) Property Type Code

 

 

 

 

 

(2) Resolution Strategy Code

 

 

 

 

(3) Modification Code

 

 

 

MF

-

Multi-Family

SS

-

Self Storage

 

1

- Modification

7

- REO

 

11

-

Full Payoff

 

1 -

Maturity Date Extension

6

- Capitalization on Interest

RT

-

Retail

98

-

Other

 

2

- Foreclosure

8

- Resolved

12

-

Reps and Warranties

2 -

Amortization Change

7

- Capitalization on Taxes

HC

-

Health Care

SE

-

Securities

 

3

- Bankruptcy

9

- Pending Return

13

-

TBD

 

3 -

Principal Write-Off

8

- Other

 

 

IN

-

Industrial

CH

-

Cooperative Housing

4

- Extension

 

to Master Servicer

98

-

Other

 

4 -

Blank

 

9

- Combination

 

 

MH

-

Mobile Home Park

WH -

Warehouse

 

5

- Note Sale

10 - Deed in Lieu Of

 

 

 

 

5 - Temporary Rate Reduction

10

- Forbearance

 

 

OF

-

Office

ZZ

-

Missing Information

6

- DPO

 

 

Foreclosure

 

 

 

 

 

 

 

 

 

 

 

 

MU

-

Mixed Use

SF

-

Single Family

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LO

-

Lodging

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 12 of 26

 

 


 
 

 

                     

 

 

 

 

NOI Detail

 

 

 

 

 

 

Loan

 

 

 

 

Ending

Most

Most

Most Recent

Most Recent

 

Number

ODCR

Property

City

State

Scheduled

Recent

Recent

NOI Start

NOI End

 

 

 

Type

 

 

Balance

Fiscal NOI

NOI

Date

Date

 

 

440000047

3

Retail

Various

TX

68,301,699.73

7,626,690.68

0.00

 

 

 

440000060

4

Retail

Rochester Hills

MI

0.00

0.00

0.00

 

 

 

440000052

5

Lodging

Raleigh

NC

40,293,740.85

1,066,395.19

1,366,403.42

7/1/20

6/30/21

 

440000061

6

Retail

San Luis Obispo

CA

33,926,046.91

4,267,117.38

1,079,077.23

1/1/21

3/31/21

 

440000056

11

Office

Torrance

CA

0.00

0.00

0.00

 

 

 

440000055

17

Office

Torrance

CA

0.00

0.00

0.00

 

 

 

416000036

18

Retail

Amarillo

TX

12,864,843.26

1,689,400.12

422,880.55

1/1/21

3/31/21

 

416000033

23

Lodging

Wheeling

WV

8,801,251.40

879,834.40

731,977.40

4/1/20

3/31/21

 

416000029

24

Retail

Various

Various

9,442,349.44

0.00

0.00

 

 

 

416000035

26

Lodging

Monroeville

PA

7,728,696.59

69,134.00

(9,777.00)

1/1/21

3/31/21

 

310912807

27

Lodging

Verona

NY

7,441,676.74

(50,613.57)

(172,750.57)

4/1/20

3/31/21

 

861100028

28

Retail

Belleville

IL

7,957,157.83

854,928.00

176,967.90

1/1/21

3/31/21

 

440000041

30

Retail

Poughkeepsie

NY

7,038,355.02

1,100,201.00

427,377.50

1/1/21

3/31/21

 

861100047

47

Self Storage

Kentfield

CA

0.00

1,099,501.89

575,750.80

1/1/21

6/30/21

 

416000031

52

Retail

San Diego

CA

3,606,346.87

0.00

0.00

 

 

 

416000032

54

Retail

Ponte Vedra Beach

FL

3,566,266.19

0.00

0.00

 

 

 

416000037

58

Office

Chicago

IL

2,948,560.23

432,289.45

51,269.60

1/1/21

3/31/21

 

861100062

62

Retail

Tustin

CA

2,572,968.01

0.00

0.00

 

 

 

861100063

63

Retail

Beverly Hills

MI

0.00

352,372.72

0.00

 

 

 

861100064

64

Mobile Home Park

Goshen

IN

2,447,966.21

0.00

0.00

 

 

 

861100065

65

Retail

Buford

GA

2,331,806.89

0.00

0.00

 

 

 

861100067

67

Mobile Home Park

Bossier City

LA

2,245,443.90

446,005.17

253,159.86

1/1/21

6/30/21

 

410912186

68

Self Storage

Taylor

MI

2,125,554.55

156,516.33

53,017.82

1/1/21

3/31/21

 

 

 

 

 

Total

 

 

 

 

225,640,730.62

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 13 of 26

 


 
 

 

               

 

 

Principal Prepayment Detail

 

 

 

 

 

Offering Document

Principal Prepayment Amount

            Prepayment Penalties

 

Loan Number

Loan Group

Cross-Reference

Payoff Amount

Curtailment Amount

Prepayment Premiums

Yield Maintenance Charges

 

440000056

 

11

17,941,968.41

0.00

0.00

0.00

 

440000055

 

17

13,095,085.42

0.00

0.00

0.00

 

861100063

 

63

1,978,301.98

0.00

0.00

0.00

 

 

 

 

 

Totals

 

 

33,015,355.81

0.00

0.00

0.00

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

Page 14 of 26

 


 
 

 

                                       

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies

 

 

 

 

 

 

 

 

 

Prepayments

Rate and Maturities

Distribution

 

30-59 Days

 

60-89 Days

        90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

Curtailments

 

Payoff

Next Weighted Avg.

WAM

Date

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

#

Amount

#

Amount

Coupon

Remit

 

8/17/21

0

 

0

 

0

 

0

 

0

 

1

 

0

 

3

 

5.879090%

1

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$68,301,699.73

 

$0.00

 

$33,015,355.81

5.680503%

 

7/16/21

1

 

1

 

0

 

0

 

0

 

0

 

0

 

9

 

5.877058%

2

 

 

$7,971,063.60

 

$7,751,561.20

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

   $269,108,651.27

5.701700%

 

6/17/21

2

 

0

 

1

 

0

 

0

 

0

 

0

 

1

 

5.786000%

3

 

 

$15,761,978.29

 

$0.00

 

$7,069,371.18

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$5,000,718.37

5.643444%

 

5/17/21

1

 

1

 

1

 

0

 

0

 

0

 

0

 

0

 

5.818090%

4

 

 

$8,000,056.63

 

$7,798,275.79

 

$7,084,256.81

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.679303%

 

4/16/21

2

 

0

 

1

 

0

 

0

 

0

 

0

 

1

 

5.815537%

5

 

 

$15,837,285.23

 

$0.00

 

$7,100,111.70

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$79,157,815.11

5.703061%

 

3/17/21

2

 

0

 

1

 

0

 

0

 

0

 

0

 

0

 

5.766653%

6

 

 

$15,873,227.57

 

$0.00

 

$7,114,858.19

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.654802%

 

2/18/21

0

 

1

 

1

 

0

 

0

 

0

 

0

 

0

 

5.766718%

7

 

 

$0.00

 

$7,870,872.31

 

$7,132,662.10

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.654865%

 

1/15/21

0

 

1

 

1

 

0

 

0

 

0

 

0

 

0

 

5.762422%

7

 

 

$0.00

 

$7,892,962.87

 

$7,147,261.27

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.650731%

 

12/17/20

2

 

1

 

1

 

0

 

0

 

0

 

0

 

0

 

5.762474%

8

 

 

$10,141,361.74

 

$7,914,933.17

 

$7,161,794.36

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.650781%

 

11/18/20

2

 

0

 

1

 

0

 

0

 

0

 

0

 

0

 

5.762528%

9

 

 

$10,017,347.58

 

$0.00

 

$7,177,309.58

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.650833%

 

10/19/20

1

 

1

 

1

 

0

 

0

 

0

 

0

 

0

 

5.762578%

10

 

 

$2,089,864.90

 

$7,959,902.10

 

$7,191,706.67

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.650882%

 

9/17/20

2

 

0

 

1

 

0

 

0

 

0

 

0

 

0

 

5.762631%

11

 

 

$10,083,763.49

 

$0.00

 

$7,207,090.85

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

5.650933%

 

Note: Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 15 of 26

 


 
 

 

                                             

 

 

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

 

 

 

Offering

# of

 

Current

Outstanding

 

Status of

Resolution

 

 

 

Actual

 

Outstanding

 

 

 

Loan Number

Document

Months

Paid Through

P & I

P & I

 

 

Mortgage

Strategy

Servicing

Foreclosure

Principal

 

Servicing

 

Bankruptcy

REO

 

 

Cross-Reference

Delinq.

Date

Advances

Advances **

 

Loan (1)

Code (2)

Transfer Date

 

Date

Balance

 

Advances

 

Date

Date

 

440000047

 

3

0

7/1/21

457,839.51

457,839.51

5

4

4/21/21

 

 

68,442,108.55

0.00

 

 

 

416000035

 

26

0

7/1/21

64,629.80

64,629.80

B

13

5/26/20

 

 

7,751,561.20

0.00

 

 

 

440000041

 

30

15

4/1/20

46,448.22

743,828.93

5

13

4/16/20

 

 

7,279,871.63

96,661.40

 

 

 

 

 

 

 

Totals

 

3

 

 

568,917.53

1,266,298.24

 

 

 

 

 

83,473,541.38

96,661.40

 

 

 

Totals By Delinquency Code:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total for Status Code

=

5 (2 loans)

 

504,287.73

1,201,668.44

 

 

 

 

 

75,721,980.18

96,661.40

 

 

Total for Status Code

=

B (1 loan)

 

64,629.80

64,629.80

 

 

 

 

 

7,751,561.20

0.00

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Status of Mortgage Loan

 

 

 

 

 

 

 

 

 

(2) Resolution Strategy Code

 

 

A

- Payment Not Received

0

- Current

 

4

-

Performing Matured Balloon

1 -

Modification

7

-

REO

 

11

- Full Payoff

 

 

But Still in Grace Period

1

- 30-59 Days Delinquent

5

-

Non Performing Matured Balloon

2 -

Foreclosure

8

-

Resolved

 

12

- Reps and Warranties

 

Or Not Yet Due

 

2

- 60-89 Days Delinquent

6

-

121+ Days Delinquent

 

3 -

Bankruptcy

9

-

Pending Return

13

- TBD

 

B

- Late Payment But Less

3

- 90-120 Days Delinquent

 

 

 

 

 

 

4 -

Extension

 

 

to Master Servicer

98

- Other

 

 

Than 30 Days Delinquent

 

 

 

 

 

 

 

 

 

5 -

Note Sale

10 -

Deed In Lieu Of

 

 

 

** Outstanding P & I Advances include the current period advance.

 

 

 

 

 

 

6 -

DPO

 

 

Foreclosure

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 16 of 26

 


 
 

 

                                           

 

 

 

 

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

 

 

 

 

Offering

 

Servicing

Resolution

 

 

 

 

 

 

 

 

    Net

 

 

 

 

 

 

 

Remaining

Loan

 

 

 

 

 

 

Scheduled

Property

 

 

Interest

Actual

 

 

 

DSCR

 

 

Note

Maturity

 

 

Document

 

Transfer

Strategy

 

 

 

 

 

State

 

 

Operating

 

DSCR

 

 

 

Amortization

Number

 

 

 

 

 

 

Balance

Type (2)

 

 

Rate

Balance

 

 

 

Date

 

 

Date

Date

 

 

Cross-Reference

 

Date

Code (1)

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

Term

 

440000047

3

 

4/21/21

4

 

 

68,301,699.73

RT

 

TX

5.486%

68,442,108.55

7,626,690.68

 

1.37

 

9/1/11

8/1/21

239

416000035

26

 

5/26/20

13

 

 

7,728,696.59

LO

 

PA

6.357%

7,751,561.20

(39,651.17)

3/31/21

(0.05)

 

11/1/11

10/1/21

181

440000041

30

 

4/16/20

13

 

 

7,038,355.02

RT

 

NY

5.280%

7,279,871.63

1,733,253.19

3/31/21

3.02

 

8/1/11

7/1/21

238

 

 

 

 

 

 

 

 

 

(1) Resolution Strategy Code

 

 

 

 

 

 

(2) Property Type Code

 

 

 

 

 

1

-

Modification

7

-

REO

 

11

- Full Payoff

 

MF

-

Multi-Family

SS

-

Self Storage

 

 

 

2

-

Foreclosure

8

-

Resolved

 

12

- Reps and Warranties

 

RT

-

Retail

 

98

-

Other

 

 

 

3

-

Bankruptcy

9

-

Pending Return

13

- TBD

 

 

HC

-

Health Care

SE

-

Securities

 

 

 

4

-

Extension

 

 

 

to Master Servicer

98

- Other

 

 

IN

-

Industrial

 

CH -

Cooperative Housing

 

 

5

-

Note Sale

 

10 -

Deed in Lieu Of

 

 

 

 

MH

-

Mobile Home Park

WH -

Warehouse

 

 

 

6

-

DPO

 

 

 

Foreclosure

 

 

 

 

 

OF

-

Office

 

ZZ

-

Missing Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MU

-

Mixed Use

 

SF

-

Single Family

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LO

-

Lodging

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 17 of 26

 


 
 

 

             

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

Offering

Resolution

Site

 

 

 

Loan

 

 

 

Appraisal

Appraisal

Other REO

 

Document

Strategy

Inspection

Phase 1 Date

 

Comments from Special Servicer

Number

 

 

 

Date

Value

Property Revenue

 

Cross-Reference

Code (1)

Date

 

 

 

 

440000047

3

4

 

6/27/11

119,000,000.00

Loan transferred in April 2021 for Imminent Monetary Default. Special Servicer and

 

 

 

 

 

 

Borrower executed an extension and forbearance agreement on 7/30/2021. Special Servicer

 

 

 

 

 

 

continues to monitor the loan, property, and guarantor bankruptcy.

 

 

 

 

416000035

26

13

 

6/21/11

14,100,000.00

Borrower and Special Servicer are in communication. Borrower has submitted an updated

 

 

 

 

 

 

relief request, which is currently being evaluated.

 

 

 

 

440000041

30

13

 

5/19/21

16,500,000.00

Loan transferred for Imminent Monetary Default at borrowers request as a result of the

 

 

 

 

 

 

Covid-19 pandemic. Borrower has advised they are working towards paying off this loan.

 

 

 

 

See footnotes on last page of this section.

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

Page 18 of 26

 


 
 

 

                         

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

Offering

Resolution

Site

 

 

 

 

 

 

 

 

 

 

Loan

 

 

 

Appraisal

Appraisal

Other REO

 

 

 

 

Document

Strategy

Inspection

Phase 1 Date

 

 

 

 

 

 

Comments from Special Servicer

 

Number

 

 

 

Date

Value

 

Property Revenue

 

 

 

 

Cross-Reference

Code (1)

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Resolution Strategy Code

 

 

 

 

 

 

 

 

1

- Modification

7

-

REO

 

11 -

Full Payoff

 

 

 

 

 

2

- Foreclosure

8

-

Resolved

12 -

Reps and Warranties

 

 

 

 

 

3

- Bankruptcy

9

-

Pending Return

13 -

TBD

 

 

 

 

 

4

- Extension

 

 

to Master Servicer

98 -

Other

 

 

 

 

 

5

- Note Sale

10

-

Deed in Lieu Of

 

 

 

 

 

 

 

6

- DPO

 

 

Foreclosure

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

Page 19 of 26

 


 
 

 

             

 

 

 

Advance Summary

 

 

 

 

 

Current P&I

Outstanding P&I

Outstanding Servicing

Current Period Interest

 

 

Loan Group

 

 

 

on P&I and Servicing

 

 

 

Advances

Advances

Advances

Advances Paid

 

 

Totals

568,917.53

1,266,298.24

102,445.05

0.00

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 20 of 26

 


 
 

 

                 

 

 

 

 

Modified Loan Detail

 

 

 

 

Offering

 

 

Pre-Modification

Post-Modification

 

 

 

Loan

 

Pre-Modification

Post-Modification

 

 

Modification

 

 

 

Document

 

 

Interest

Interest

 

Modification Description

 

Number

 

Balance

Balance

 

 

Date

 

 

 

Cross-Reference

 

 

Rate

Rate

 

 

 

861100037

37

 

0.00

6.3500%

6.3500%

4/23/13

 

 

 

 

 

 

Totals

 

 

0.00

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

Page 21 of 26

 


 
 

 

                         

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

Beginning

Fees,

Most Recent

Gross Sales

Net Proceeds

Net Proceeds

 

Date of Current

Current Period

Cumulative

Loss to Loan

Distribution

 

 

 

 

 

 

 

Realized

 

 

 

 

 

ODCR

Scheduled

Advances,

Appraised Value

Proceeds or

Received on

Available for

 

Period Adj.

Adjustment

Adjustment

with Cum

Date

 

 

 

 

 

 

 

Loss to Trust

 

 

 

 

 

 

Balance

and Expenses *

or BPO

Other Proceeds

Liquidation

Distribution

 

to Trust

to Trust

to Trust

Adj. to Trust

4/17/19

44

4,882,058.45

78,347.24

8,000,000.00

4,910,252.17

4,910,252.17

4,831,904.93

50,153.52

 

0.00

0.00

50,153.52

3/17/20

48

4,183,155.14

973,260.67

3,300,000.00

3,039,302.94

3,039,302.94

2,066,042.27

2,117,112.87

 

0.00

0.00

2,117,112.87

 

 

 

 

Current Total

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Cumulative Total

9,065,213.59

1,051,607.91

11,300,000.00

7,949,555.11

7,949,555.11

6,897,947.20

2,167,266.39

 

0.00

0.00

2,167,266.39

 

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

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

Page 22 of 26

 


 
 

 

                       

 

 

 

Historical Bond/Collateral Loss Reconciliation Detail

 

 

 

Distribution

Offering

Beginning

Aggregate

Prior Realized

Amts Covered by

Interest

Modification

Additional

Realized Loss

Recoveries of

(Recoveries)/

 

Document

Balance

Realized Loss

Loss Applied

Credit Support/

(Shortages)/

/Appraisal

(Recoveries)

Applied to

Realized Losses

Losses Applied to

Date

Cross-Reference

at Liquidation

on Loans

to Certificates

Deal Structure

Excesses

Reduction Adj.

/Expenses

Certificates to Date

Paid as Cash

Certificate Interest

4/17/19

44

4,882,058.45

50,153.52

0.00

0.00

0.00

0.00

0.00

50,153.52

0.00

0.00

3/17/20

48

4,183,155.14

2,117,112.87

0.00

0.00

0.00

0.00

0.00

2,117,112.87

0.00

0.00

 

 

 

 

 

Totals

 

 

 

0.00

0.00

0.00

0.00

 

0.00

0.00

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 23 of 26

 


 
 

 

                       

 

 

 

Interest Shortfall Reconciliation Detail - Part 1

 

 

 

 

 

Offering

Stated Principal

Current Ending

Special Servicing Fees

 

 

 

Non-Recoverable

 

 

Modified Interest

 

 

 

 

 

 

 

 

 

Interest on

 

 

Document

Balance at

Scheduled

 

 

 

ASER

(PPIS) Excess

(Scheduled

 

 

Rate (Reduction)

 

 

 

 

 

 

 

 

 

Advances

 

 

Cross-Reference

Contribution

Balance

Monthly

Liquidation

Work Out

 

 

Interest)

 

 

/Excess

 

3

81,547,452.61

68,301,699.73

14,734.07

0.00

0.00

0.00

0.00

0.00

0.00

 

0.00

26

9,788,348.72

7,728,696.59

1,668.74

0.00

0.00

0.00

0.00

0.00

0.00

 

0.00

30

8,464,724.13

7,038,355.02

1,518.44

0.00

0.00

0.00

0.00

0.00

0.00

 

0.00

 

 

 

 

Totals

99,800,525.46

83,068,751.34

17,921.25

0.00

0.00

0.00

0.00

0.00

0.00

 

0.00

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 24 of 26

 


 
 

 

           

 

 

 

Interest Shortfall Reconciliation Detail - Part 2

 

 

Offering

Stated Principal

Current Ending

Reimb of Advances to the Servicer                               Other (Shortfalls)/

 

Document

Balance at

Scheduled

 

Comments

 

 

 

 

 

Left to Reimburse

 

Cross-Reference

Contribution

Balance

Current Month

Master Servicer                             Refunds

 

 

 

 

 

 

 

There are no Interest Shortfalls for the above columns for this Period.

 

 

 

 

 

Totals

 

 

 

 

 

Interest Shortfall Reconciliation Detail Part 2 Total

 

0.00

 

Interest Shortfall Reconciliation Detail Part 1 Total

 

17,921.25

 

Total Interest Shortfall Allocated to Trust

 

17,921.25

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

Page 25 of 26

 


 
 

 

             

 

 

Defeased Loan Detail

 

 

 

 

 

Offering Document

Ending Scheduled

 

 

 

 

Loan Number

 

 

Maturity Date

Note Rate

Defeasance Status

 

 

Cross-Reference

Balance

 

 

 

 

 

440000060

4

0.00

8/1/21

5.850

Full Defeasance

 

440000056

11

0.00

10/1/21

5.950

Full Defeasance

 

440000055

17

0.00

10/1/21

5.950

Full Defeasance

 

416000029

24

9,442,349.44

9/1/21

6.060

Full Defeasance

 

416000031

52

3,606,346.87

9/1/21

5.840

Full Defeasance

 

416000032

54

3,566,266.19

10/1/21

6.320

Full Defeasance

 

861100062

62

2,572,968.01

10/1/21

6.250

Full Defeasance

 

861100064

64

2,447,966.21

11/9/21

6.500

Full Defeasance

 

861100065

65

2,331,806.89

10/7/21

6.500

Full Defeasance

 

 

 

 

 

Totals

 

23,967,703.61

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 26 of 26