EX-99.1 2 jpc15c31_ex991-202507.htm jpc15c31_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

JPMBB Commercial Mortgage Securities Trust 2015-C31

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2015-C31

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

J.P. Morgan Chase Commercial Mortgage Securities Corp.

 

 

Certificate Factor Detail

3

 

Brian Baker

(212) 834-3813

 

Certificate Interest Reconciliation Detail

4

 

383 Madison Avenue, 8th Floor | New York, NY 10179 | United States

 

 

 

Master Servicer

Midland Loan Services

 

 

Exchangeable Certificate Detail

5

 

 

 

 

 

 

 

askmidlandls.com

(913) 253-9000

 

Additional Information

6

 

 

 

 

 

 

 

A Division of PNC Bank, N.A., 10851 Mastin Street, Building 82 | Overland Park, KS 66210 | United States

Bond / Collateral Reconciliation - Cash Flows

7

Special Servicer

Rialto Capital Advisors, LLC

 

 

Bond / Collateral Reconciliation - Balances

8

 

Niral Shah

(305) 485-2041

Niral.Shah@rialtocapital.com

Current Mortgage Loan and Property Stratification

9-13

 

200 S. Biscayne Blvd., Suite 3550 | Miami, FL 33131 | United States

 

 

Mortgage Loan Detail (Part 1)

14

Senior Trust Advisor

Pentalpha Surveillance LLC

 

 

Mortgage Loan Detail (Part 2)

15

 

Attention: Transaction Manager

 

notices@pentalphasurveillance.com

Principal Prepayment Detail

16

 

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

 

Historical Detail

17

Certificate Administrator

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

 

 

 

 

 

Bank, N.A.

 

 

Delinquency Loan Detail

18

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Collateral Stratification and Historical Detail

19

 

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

 

Specially Serviced Loan Detail - Part 1

20

 

 

 

 

Specially Serviced Loan Detail - Part 2

21

 

 

 

 

Modified Loan Detail

22

 

 

 

 

Historical Liquidated Loan Detail

23

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

24

 

 

 

 

Interest Shortfall Detail - Collateral Level

25

 

 

 

 

Supplemental Notes

26

 

 

 

 

 

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. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

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Page 1 of 26

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                   Beginning Balance

Distribution

Distribution

Penalties

Realized Losses              Total Distribution            Ending Balance

Support¹        Support¹

 

A-1

46644YAS9

1.665800%

59,309,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

46644YAT7

3.007900%

48,541,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-3

46644YAU4

3.801400%

515,534,000.00

129,551,969.75

90,356,371.19

410,399.05

0.00

0.00

90,766,770.24

39,195,598.56

87.77%

30.00%

A-SB

46644YAW0

3.539500%

95,737,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-S

46644YAZ3

4.105800%

53,934,000.00

53,934,000.00

0.00

184,535.18

0.00

0.00

184,535.18

53,934,000.00

70.93%

24.75%

B

46644YBA7

4.593147%

84,753,000.00

84,753,000.00

0.00

324,402.52

0.00

0.00

324,402.52

84,753,000.00

44.48%

16.50%

C

46644YBB5

4.593147%

47,513,000.00

47,513,000.00

0.00

29,665.54

0.00

0.00

29,665.54

47,513,000.00

29.65%

11.88%

D

46644YBD1

4.093147%

42,377,000.00

42,377,000.00

0.00

0.00

0.00

0.00

0.00

42,377,000.00

16.42%

7.75%

E

46644YAE0

4.593147%

26,967,000.00

26,967,000.00

0.00

0.00

0.00

0.00

0.00

26,967,000.00

8.01%

5.13%

F

46644YAG5

4.593147%

16,694,000.00

16,694,000.00

0.00

0.00

0.00

0.00

0.00

16,694,000.00

2.79%

3.50%

NR

46644YAJ9

4.593147%

35,956,082.00

12,552,490.42

0.00

0.00

0.00

3,597,407.87

0.00

8,955,082.55

0.00%

0.00%

BWP

46644YAQ3

10.978000%

4,990,079.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Z

46644YAN0

0.000000%

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

46644YAL4

0.000000%

100.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

1,032,305,262.00

414,342,460.17

90,356,371.19

949,002.29

0.00

3,597,407.87

91,305,373.48

320,388,681.11

 

 

 

 

X-A

46644YAX8

0.702272%

773,055,000.00

183,485,969.75

0.00

107,380.85

0.00

0.00

107,380.85

93,129,598.56

 

 

X-B

46644YAY6

0.000000%

84,753,000.00

84,753,000.00

0.00

0.00

0.00

0.00

0.00

84,753,000.00

 

 

X-C

46644YAA8

0.000000%

47,513,000.00

47,513,000.00

0.00

0.00

0.00

0.00

0.00

47,513,000.00

 

 

X-D

46644YAC4

0.500000%

42,377,000.00

42,377,000.00

0.00

17,657.08

0.00

0.00

17,657.08

42,377,000.00

 

 

Notional SubTotal

 

947,698,000.00

358,128,969.75

0.00

125,037.93

0.00

0.00

125,037.93

267,772,598.56

 

 

 

Deal Distribution Total

 

 

 

90,356,371.19

1,074,040.22

0.00

3,597,407.87

91,430,411.41

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

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

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 of 26

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

      Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

46644YAS9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

46644YAT7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

46644YAU4

251.29665502

175.26753074

0.79606592

0.00000000

0.00000000

0.00000000

0.00000000

176.06359666

76.02912429

A-SB

46644YAW0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S

46644YAZ3

1,000.00000000

0.00000000

3.42149998

0.00000000

0.00000000

0.00000000

0.00000000

3.42149998

1,000.00000000

B

46644YBA7

1,000.00000000

0.00000000

3.82762286

0.00000000

0.00000000

0.00000000

0.00000000

3.82762286

1,000.00000000

C

46644YBB5

1,000.00000000

0.00000000

0.62436680

3.20325595

4.77674615

0.00000000

0.00000000

0.62436680

1,000.00000000

D

46644YBD1

1,000.00000000

0.00000000

0.00000000

3.41095618

32.97220190

0.00000000

0.00000000

0.00000000

1,000.00000000

E

46644YAE0

1,000.00000000

0.00000000

0.00000000

3.82762265

66.38168169

0.00000000

0.00000000

0.00000000

1,000.00000000

F

46644YAG5

1,000.00000000

0.00000000

0.00000000

3.82762310

81.25642746

0.00000000

0.00000000

0.00000000

1,000.00000000

NR

46644YAJ9

349.10617959

0.00000000

0.00000000

1.33624681

130.17393692

0.00000000

100.05005189

0.00000000

249.05612769

BWP

46644YAQ3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

Z

46644YAN0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

46644YAL4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

46644YAX8

237.35176637

0.00000000

0.13890454

0.00000000

0.00000000

0.00000000

0.00000000

0.13890454

120.46956369

X-B

46644YAY6

1,000.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

1,000.00000000

X-C

46644YAA8

1,000.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

1,000.00000000

X-D

46644YAC4

1,000.00000000

0.00000000

0.41666659

0.00000000

0.00000000

0.00000000

0.00000000

0.41666659

1,000.00000000

 

 

 

 

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Page 3 of 26

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

   Interest

Interest Shortfall

    Interest

(Paybacks)

Realized Losses

    Amount

Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-3

06/01/25 - 06/30/25

30

0.00

410,399.05

0.00

410,399.05

0.00

0.00

0.00

410,399.05

0.00

 

A-SB

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

107,380.85

0.00

107,380.85

0.00

0.00

0.00

107,380.85

0.00

 

X-B

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

X-C

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

17,657.08

0.00

17,657.08

0.00

0.00

0.00

17,657.08

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

184,535.18

0.00

184,535.18

0.00

0.00

0.00

184,535.18

0.00

 

B

06/01/25 - 06/30/25

30

0.00

324,402.52

0.00

324,402.52

0.00

0.00

0.00

324,402.52

0.00

 

C

06/01/25 - 06/30/25

30

74,761.24

181,861.84

0.00

181,861.84

152,196.30

0.00

0.00

29,665.54

226,957.54

 

D

06/01/25 - 06/30/25

30

1,252,716.91

144,546.09

0.00

144,546.09

144,546.09

0.00

0.00

0.00

1,397,263.00

 

E

06/01/25 - 06/30/25

30

1,686,895.31

103,219.50

0.00

103,219.50

103,219.50

0.00

0.00

0.00

1,790,114.81

 

F

06/01/25 - 06/30/25

30

1,292,596.46

63,898.34

0.00

63,898.34

63,898.34

0.00

0.00

0.00

1,356,494.80

 

NR

06/01/25 - 06/30/25

30

4,632,498.55

48,046.20

0.00

48,046.20

48,046.20

0.00

0.00

0.00

4,680,544.75

 

BWP

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

R

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

 

8,939,468.47

1,585,946.65

0.00

1,585,946.65

511,906.43

0.00

0.00

1,074,040.22

9,451,374.90

 

 

 

 

 

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Page 4 of 26

 


 

 

                       

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

Prepayment

 

 

 

 

Class

CUSIP

Rate

    Original Balance

    Beginning Balance                  Principal Distribution             Interest Distribution

Penalties

 

     Realized Losses

Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

A-S (Cert)

46644YAZ3

4.105800%

53,934,000.00

53,934,000.00

0.00

184,535.18

0.00

 

0.00

184,535.18

53,934,000.00

A-S (EC)

NA

N/A

1.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

B (Cert)

46644YBA7

4.593147%

84,753,000.00

84,753,000.00

0.00

324,402.52

0.00

 

0.00

324,402.52

84,753,000.00

B (EC)

NA

N/A

1.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

C (Cert)

46644YBB5

4.593147%

47,513,000.00

47,513,000.00

0.00

29,665.54

0.00

 

0.00

29,665.54

47,513,000.00

C (EC)

NA

N/A

1.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Regular Interest Total

 

 

186,200,003.00

186,200,000.00

0.00

538,603.24

0.00

 

0.00

538,603.24

186,200,000.00

 

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

EC

46644YBC3

N/A

1.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Exchangeable Certificates Total

 

1.00

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

 

 

 

 

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Page 5 of 26

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

91,430,411.41

 

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

 

 

 

 

 

 

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Page 6 of 26

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

1,591,334.96

Master Servicing Fee

2,643.49

Interest Reductions due to Nonrecoverability Determination

(306,314.74)

Certificate Administrator Fee

1,519.26

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

172.64

ARD Interest

0.00

Senior Trust Advisor Fee

725.10

Net Prepayment Interest Excess / (Shortfall)

0.00

 

 

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

Total Fees

5,060.49

Total Interest Collected

1,285,020.22

 

 

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

18,170,779.11

Reimbursement for Interest on Advances

(1,376.84)

Unscheduled Principal Collections

 

ASER Amount

97,474.62

Principal Prepayments

75,782,999.95

Special Servicing Fees (Monthly)

31,326.01

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)

635.63

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

3,597,407.87

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

77,860.09

Total Principal Collected

93,953,779.06

Total Expenses/Reimbursements

3,803,327.38

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

1,074,040.22

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

90,356,371.19

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

91,430,411.41

Total Funds Collected

95,238,799.28

Total Funds Distributed

95,238,799.28

 

 

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Page 7 of 26

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

414,342,460.17

414,342,460.17

Beginning Certificate Balance

414,342,460.17

(-) Scheduled Principal Collections

18,170,779.11

18,170,779.11

(-) Principal Distributions

90,356,371.19

(-) Unscheduled Principal Collections

75,782,999.95

75,782,999.95

(-) Realized Losses

3,597,407.87

(-) 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

3,597,407.87

(-) 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

320,388,681.11

320,388,681.11

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

421,109,701.21

421,109,701.21

Ending Certificate Balance

320,388,681.11

Ending Actual Collateral Balance

327,442,230.95

327,442,230.95

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

20,323,700.66

0.00

UC / (OC) Change

0.00

Current Period Advances

3,597,407.87

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

23,921,108.53

0.00

Net WAC Rate

4.59%

 

 

 

 

UC / (OC) Interest

0.00

(1)

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

 

 

 

(2)

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

 

 

 

**

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

 

 

 

 

 

 

 

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Page 8 of 26

 


 

 

                             

 

 

 

 

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

 

9,999,999 or less

9

52,635,711.68

16.43%

(5)

4.8535

1.456398

1.35 or less

6

227,357,047.58

70.96%

(37)

4.5643

0.328279

10,000,000 to 19,999,999

2

28,082,004.24

8.76%

(5)

4.6092

1.792020

1.36 to 1.45

2

31,271,325.07

9.76%

(4)

4.5460

1.415646

20,000,000 to 24,999,999

0

0.00

0.00%

0

0.0000

0.000000

1.46 to 1.55

1

2,513,334.11

0.78%

(3)

4.5900

1.480000

25,000,000 to 49,999,999

3

99,363,311.03

31.01%

(26)

4.5544

1.039084

1.56 to 1.65

0

0.00

0.00%

0

0.0000

0.000000

 

50,000,000 or greater

2

140,307,654.16

43.79%

(41)

4.5162

0.022616

1.66 to 1.80

3

33,980,317.06

10.61%

(5)

4.7632

1.735504

 

Totals

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

1.81 to 2.00

2

15,762,454.17

4.92%

(3)

4.6300

1.855028

 

 

 

 

 

 

 

 

2.01 or greater

2

9,504,203.12

2.97%

(9)

4.7186

2.374082

 

 

 

 

 

 

 

 

Totals

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 26

 


 

 

                           

 

 

 

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

 

Alabama

2

46,086,655.36

14.38%

(6)

4.3174

(0.140000)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

3

22,577,578.12

7.05%

(5)

4.6802

1.820457

California

1

3,782,239.77

1.18%

(5)

4.6680

2.350000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

5

25,366,195.49

7.92%

(6)

4.9817

1.575965

Connecticut

1

1,074,000.00

0.34%

(3)

4.4880

1.850000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

1

27,867,063.18

8.70%

(3)

4.4630

1.420000

Illinois

4

124,186,927.95

38.76%

(45)

4.6794

0.314419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

11

220,968,647.43

68.97%

(38)

4.5456

0.315798

Michigan

2

11,809,196.88

3.69%

(5)

4.8517

1.790265

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

14

23,609,196.88

7.37%

(4)

4.6699

1.820121

New Jersey

2

9,851,570.11

3.07%

(3)

4.8830

1.700000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

34

320,388,681.11

100.00%

(27)

4.5916

0.728496

New York

1

16,282,004.24

5.08%

(6)

4.6970

1.750000

 

 

 

 

 

 

 

 

Ohio

6

10,395,963.35

3.24%

(7)

4.6333

2.147217

 

 

 

 

 

 

 

 

Oklahoma

1

868,000.00

0.27%

(3)

4.4880

1.850000

 

 

 

 

 

 

 

 

Pennsylvania

4

4,382,000.00

1.37%

(3)

4.4880

1.850000

 

 

 

 

 

 

 

 

South Carolina

1

15,544,268.45

4.85%

(6)

4.3174

(0.140000)

 

 

 

 

 

 

 

 

South Dakota

1

802,000.00

0.25%

(3)

4.4880

1.850000

 

 

 

 

 

 

 

 

Tennessee

4

34,887,784.49

10.89%

(68)

4.5700

1.290000

 

 

 

 

 

 

 

 

Texas

4

40,436,070.50

12.62%

(4)

4.5695

1.167320

 

 

 

 

 

 

 

 

Totals

34

320,388,681.11

100.00%

(27)

4.5916

0.728496

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 26

 


 

 

                             

 

 

 

 

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

 

4.20000% or less

0

0.00

0.00%

0

0.0000

0.000000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.20001% to 4.40000%

1

61,630,923.82

19.24%

(6)

4.3174

(0.140000)

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.40001% to 4.60000%

4

77,068,181.78

24.05%

(32)

4.5194

1.428945

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.60001% to 4.80000%

7

158,082,889.20

49.34%

(37)

4.6654

0.621153

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.80001% or greater

4

23,606,686.31

7.37%

(4)

5.0493

1.428007

49 months or greater

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

 

Totals

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

Totals

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 26

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

60 months or less

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

Interest Only

1

11,800,000.00

3.68%

(3)

4.4880

1.850000

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

299 months or less

15

308,588,681.11

96.32%

(28)

4.5956

0.685612

 

Totals

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

300 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

(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 26

 


 

 

                         

 

 

 

 

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

 

12 months or less

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

 

 

No outstanding loans in this group

 

 

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

16

320,388,681.11

100.00%

(27)

4.5916

0.728496

 

 

 

 

 

(1)

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

 

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

 

 

(2)

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

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

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Page 13 of 26

 


 

 

                               

 

 

 

 

 

 

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

30309955

OF

Chicago

IL

Actual/360

4.672%

0.00

0.00

0.00

10/05/19

08/01/25

--

78,676,730.34

78,676,730.34

06/01/21

2

30309956

LO

New Orleans

LA

Actual/360

4.710%

264,963.45

67,506,610.73

0.00

04/11/25

08/06/25

--

67,506,610.73

0.00

07/06/25

3

30309957

OF

Various

Various

Actual/360

4.317%

222,306.41

158,044.05

0.00

01/05/25

07/01/25

--

61,788,967.87

61,630,923.82

05/01/24

5

30309958

OF

Downers Grove

IL

Actual/360

4.609%

140,952.60

89,979.47

0.00

04/11/25

08/01/25

--

36,698,442.83

36,608,463.36

01/01/25

6

30309959

OF

Nashville

TN

Actual/360

4.570%

133,252.26

101,869.27

0.00

11/05/19

08/05/25

--

34,989,653.76

34,887,784.49

07/05/25

10

30309962

MF

Tyler

TX

Actual/360

4.463%

103,852.66

56,574.91

0.00

04/05/25

08/01/25

--

27,923,638.09

27,867,063.18

07/01/25

17

30309954

IN

Pittsford

NY

Actual/360

4.697%

63,886.28

39,805.22

0.00

01/05/25

07/06/25

--

16,321,809.46

16,282,004.24

06/06/25

20

30309970

LO

Avenel

NJ

Actual/360

4.883%

40,182.82

23,380.45

0.00

04/11/25

08/06/25

--

9,874,950.56

9,851,570.11

07/06/25

22

30309971

RT

Various

Various

Actual/360

4.488%

44,132.00

0.00

0.00

04/11/25

04/01/29

--

11,800,000.00

11,800,000.00

07/01/25

23

30309948

OF

Various

TX

Actual/360

4.650%

35,600.22

22,408.92

0.00

04/11/25

08/05/25

--

9,187,154.35

9,164,745.43

07/05/25

29

30309976

RT

Sterling Heights

MI

Actual/360

4.750%

31,135.01

18,943.13

0.00

02/05/25

08/06/25

--

7,865,685.84

7,846,742.71

07/06/25

35

30309982

MU

Atlanta

GA

Actual/360

4.555%

24,355.35

6,416,338.79

0.00

04/05/25

07/01/25

--

6,416,338.79

0.00

07/01/25

36

30309983

LO

Roselle

IL

Actual/360

5.210%

27,799.39

14,529.73

0.00

04/11/25

08/06/25

--

6,402,929.87

6,388,400.14

07/06/25

38

30309985

MF

Houston

TX

Actual/360

4.485%

21,349.86

5,712,336.49

0.00

02/05/25

07/01/25

--

5,712,336.49

0.00

07/01/25

39

30309986

LO

Cleveland

OH

Actual/360

4.752%

22,713.66

13,810.09

0.00

08/05/24

08/06/25

--

5,735,773.44

5,721,963.35

07/06/25

42

30309988

RT

Livonia

MI

Actual/360

4.745%

20,245.51

5,120,045.18

0.00

03/05/25

08/06/25

--

5,120,045.18

0.00

07/07/25

43

30309989

MF

North Hills

CA

Actual/360

4.400%

20,035.11

5,464,120.31

0.00

03/05/24

07/01/25

--

5,464,120.31

0.00

07/01/25

47

30309992

RT

Detroit

MI

Actual/360

5.053%

16,723.97

9,199.17

0.00

03/05/25

08/06/25

--

3,971,653.34

3,962,454.17

07/06/25

50

30309994

LO

Houston

TX

Actual/360

5.225%

14,875.08

12,024.74

0.00

09/05/24

08/06/25

--

3,416,286.63

3,404,261.89

04/06/25

51

30309995

IN

Chula Vista

CA

Actual/360

4.668%

14,744.00

7,991.51

0.00

02/05/25

08/06/25

--

3,790,231.28

3,782,239.77

07/06/25

53

30309997

MH

Apache Junction

AZ

Actual/360

4.663%

12,265.03

3,156,344.04

0.00

02/05/25

08/06/25

--

3,156,344.04

0.00

07/06/25

54

30309998

IN

Gurnee

IL

Actual/360

4.590%

9,649.55

9,422.86

0.00

04/11/25

08/06/25

--

2,522,756.97

2,513,334.11

07/06/25

Totals

 

 

 

 

 

 

1,285,020.22

93,953,779.06

0.00

 

 

 

414,342,460.17

320,388,681.11

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 14 of 26

 


 

 

                           

 

 

 

 

 

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

3,887,600.60

0.00

--

--

06/11/25

41,700,523.71

1,990,051.30

0.00

0.00

0.00

3,597,407.87

 

 

2

16,936,766.76

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

1,166,867.01

0.00

--

--

07/11/25

9,693,418.72

372,946.80

345,031.53

4,948,244.99

0.00

0.00

 

 

5

1,414,244.46

0.00

--

--

06/11/25

16,326,595.01

127,367.39

168,004.90

1,257,296.99

0.00

0.00

 

 

6

4,137,864.64

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

2,818,393.21

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

2,182,637.00

0.00

--

--

--

0.00

0.00

103,249.45

103,249.45

0.00

0.00

 

 

20

1,535,223.38

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

1,007,098.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,146,922.00

115,553.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

1,142,423.45

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

775,949.62

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

493,280.02

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

377,148.03

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

1,188,867.72

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

864,577.29

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

586,877.33

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

613,769.34

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

523,517.71

0.00

--

--

--

0.00

0.00

26,873.06

80,656.14

0.00

0.00

 

 

51

663,760.40

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

53

504,168.93

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

398,316.81

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

44,366,273.71

115,553.00

 

 

 

67,720,537.44

2,490,365.49

643,158.93

6,389,447.57

0.00

3,597,407.87

 

 

 

 

 

 

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Page 15 of 26

 


 

 

           

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

2

30309956

67,506,610.73

Payoff Prior to Maturity

0.00

0.00

42

30309988

5,120,045.18

Payoff Prior to Maturity

0.00

0.00

53

30309997

3,156,344.04

Payoff Prior to Maturity

0.00

0.00

Totals

 

75,782,999.95

 

0.00

0.00

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

 

 

 

 

 

 

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Page 16 of 26

 


 

 

                                         

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07/17/25

0

0.00

1

3,404,261.89

2

115,285,193.70

1

36,608,463.36

0

0.00

0

0.00

 

0

0.00

3

75,782,999.95

4.591620%

4.575677%

(27)

06/17/25

1

3,416,286.63

0

0.00

3

177,164,141.04

1

36,698,442.83

0

0.00

0

0.00

 

0

0.00

4

58,546,499.48

4.608753%

4.593147%

(21)

05/16/25

0

0.00

0

0.00

3

177,399,160.85

1

36,783,386.75

0

0.00

0

0.00

 

0

0.00

7

101,240,011.61

4.617797%

4.600262%

(17)

04/17/25

0

0.00

1

36,872,696.94

2

140,772,713.56

1

36,872,696.94

0

0.00

0

0.00

 

0

0.00

9

94,727,113.98

4.620296%

4.603467%

(14)

03/17/25

1

36,956,952.00

0

0.00

3

146,675,176.30

1

36,956,952.00

0

0.00

0

0.00

 

0

0.00

1

34,322,176.53

4.655762%

4.638557%

(12)

02/18/25

0

0.00

2

42,824,108.09

2

141,092,412.26

1

37,055,049.95

0

0.00

0

0.00

 

0

0.00

0

0.00

4.646494%

4.629536%

(10)

01/17/25

1

5,782,384.60

1

37,138,584.14

2

141,240,166.81

0

0.00

0

0.00

0

0.00

 

1

2,170,731.71

1

2,866,345.07

4.642415%

4.625493%

(9)

12/17/24

2

40,708,147.98

0

0.00

3

146,429,960.07

0

0.00

1

0.00

0

0.00

 

0

0.00

2

11,905,192.92

4.642610%

4.625722%

(8)

11/18/24

2

40,807,449.60

0

0.00

4

152,127,801.36

0

0.00

1

5,537,809.38

0

0.00

 

0

0.00

0

0.00

4.641157%

4.623179%

(8)

10/18/24

2

40,901,089.35

0

0.00

4

152,290,893.26

0

0.00

1

5,549,346.59

0

0.00

 

0

0.00

0

0.00

4.641174%

4.623196%

(7)

09/17/24

1

37,478,931.26

0

0.00

4

152,462,061.78

0

0.00

1

5,561,603.47

0

0.00

 

0

0.00

0

0.00

4.641192%

4.623213%

(6)

08/16/24

1

3,531,719.43

1

63,308,987.70

3

89,314,910.65

0

0.00

1

5,573,038.67

0

0.00

 

0

0.00

0

0.00

4.641209%

4.623229%

(5)

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 17 of 26

 


 

 

                               

 

 

 

 

 

 

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

1

30309955

06/01/21

48

6

 

0.00

0.00

97,839.66

83,007,559.70

06/26/20

98

 

 

 

 

3

30309957

05/01/24

13

5

 

345,031.53

4,948,244.99

242,169.80

63,748,293.45

01/24/22

2

 

 

 

 

5

30309958

01/01/25

5

6

 

168,004.90

1,257,296.99

12,131.20

37,138,584.14

06/27/24

2

 

 

11/06/24

 

17

30309954

06/06/25

0

5

 

103,249.45

103,249.45

0.00

16,321,809.46

 

 

 

 

 

 

50

30309994

04/06/25

2

2

 

26,873.06

80,656.14

0.00

3,439,686.74

 

 

 

 

 

 

Totals

 

 

 

 

 

643,158.93

6,389,447.57

352,140.66

203,655,933.49

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

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

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 18 of 26

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

        Total

        Performing

Non-Performing

                REO/Foreclosure

 

 

Past Maturity

 

77,912,928

0

       77,912,928

0

 

0 - 6 Months

 

230,675,753

111,986,297

       82,080,992

36,608,463

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

0

 

37 - 48 Months

 

11,800,000

11,800,000

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

 

 

Jul-25

320,388,681

140,068,302

0

3,404,262

140,307,654

36,608,463

 

Jun-25

414,342,460

233,762,033

3,416,287

0

140,465,698

36,698,443

 

May-25

489,201,716

311,802,555

0

0

177,399,161

0

 

Apr-25

591,418,114

413,772,704

0

36,872,697

140,772,714

0

 

Mar-25

687,219,328

503,587,200

36,956,952

0

146,675,176

0

 

Feb-25

723,037,577

539,121,057

0

42,824,108

141,092,412

0

 

Jan-25

729,800,286

545,639,151

5,782,385

37,138,584

141,240,167

0

 

Dec-24

736,175,742

549,037,634

40,708,148

0

146,429,960

0

 

Nov-24

752,940,232

560,004,981

40,807,450

0

146,589,992

5,537,809

 

Oct-24

754,302,090

561,110,107

40,901,089

0

146,741,547

5,549,347

 

Sep-24

755,740,187

565,799,194

37,478,931

0

146,900,458

5,561,603

 

Aug-24

757,090,877

600,935,259

3,531,719

63,308,988

83,741,872

5,573,039

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

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Page 19 of 26

 


 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

1

30309955

78,676,730.34

83,007,559.70

109,800,000.00

09/01/24

1,508,542.73

0.15000

12/31/24

08/01/25

240

3

30309957

61,630,923.82

63,748,293.45

116,200,000.00

--

(1,215,417.04)

(0.14000)

12/31/24

07/01/25

239

5

30309958

36,608,463.36

37,138,584.14

12,600,000.00

04/11/25

1,414,244.46

0.51000

12/31/24

08/01/25

240

6

30309959

34,887,784.49

34,887,784.49

58,860,000.00

--

3,629,419.64

1.29000

12/31/24

08/05/25

180

Totals

 

211,803,902.01

218,782,221.78

297,460,000.00

 

5,336,789.79

 

 

 

 

 

 

 

 

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Page 20 of 26

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

1

30309955

OF

IL

06/26/20

98

 

 

 

 

7/11/2025 - The Loan transferred for Imminent Monetary Default at the Borrower''s request as a result of the Covid-19 pandemic. The Loan is in monetary default. Lender is continuing with the foreclosure process. Borrower answered the

 

complaint. New judge was appointed. Lender filed a recourse claim. Litigation continues. Transwestern was appointed as receiver and is managing the property. Lender amended the complaint to add the recourse component to the Illinois

 

foreclosure. Case is still winding down th e pleading stages and is now entering the discovery phase. Lender is trying to re-engage Borrower for a settlement but no proposals have been offered.

 

 

3

30309957

OF

Various

01/24/22

2

 

 

 

 

7/11/2025 - The Loan transferred for Imminent Monetary Default at the Borrower''s request as a result of the Covid-19 pandemic. Borrower has executed the Pre-Negotiation Letter and provided a COVID 19 modification request. Special Servicer

 

identified inst ances of SPE violations and entered into a settlement agreement effective December 30, 2022. Receivers have been appointed to all three properties. Special Servicer will proceed with foreclosure of the properties and has received

 

approval to take title.

 

 

 

 

 

 

 

 

5

30309958

OF

IL

06/27/24

2

 

 

 

 

7/11/2025 - Loan transferred to Special Servicing for Monetary Default. Special Servicer has initiated the foreclosure process and a receiver has been appointed. Receiver will review potential leases and work towards effectuating a sale out of

 

the receive rship estate.

 

 

 

 

 

 

 

 

6

30309959

OF

TN

05/20/24

4

 

 

 

 

7/11/2025 - Loan recently transferred to Special Servicing due to failure to comply with cash management and for events of default surrounding equity transfers and the Guarantor. Borrower has executed PNL and negotiations remain ongoing.

 

Borrower has made a new proposal that has been accepted by Lender. Mezz lender has delayed exercising remedies and foreclosing on their interests until the end of June, 2025; both Lenders are working to close extensions by month end.

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 21 of 26

 


 

 

                   

 

 

 

 

Modified Loan Detail

 

 

 

 

 

Pre-Modification

Post-Modification

 

 

Modification

Modification

 

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

             Balance

Rate

     Balance

Rate

 

 

 

 

Pros ID

Loan Number

 

 

 

 

Code¹

Date

Date

Date

3

30309957

0.00

4.31740%

0.00

          4.31740%

8

02/14/23

12/30/22

02/14/23

11

30309963

28,897,593.34

4.76781%

28,897,593.34               4.76781%

1

05/29/20

06/01/20

06/02/20

35

30309982

7,200,022.89

4.55500%

7,200,022.89                4.55500%

8

10/01/20

10/01/20

10/16/20

Totals

 

36,097,616.23

 

36,097,616.23

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

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Page 22 of 26

 


 

 

                         

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

 

Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹

Number               Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

    Loan

Loan

Adjustment

Balance

41

30309951              12/17/24

5,537,809.38

3,100,000.00

2,795,435.37

667,975.34

2,795,435.37

2,127,460.03

3,410,349.35

0.00

330,908.21

3,079,441.14

46.65%

55

30309999              01/17/25

2,871,854.28

5,800,000.00

5.72

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

8,409,663.66

8,900,000.00

2,795,441.09

667,975.34

2,795,435.37

2,127,460.03

3,410,349.35

0.00

330,908.21

3,079,441.14

 

 

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

 

 

 

 

 

 

 

 

 

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Page 23 of 26

 


 

 

                       

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

 

Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID

Number

Date

Collections

   Collections

      Loan

          Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

Deal

Deal

09/17/20

0.00

1,831.81

0.00

0.00

0.00

0.00

0.00

0.00

0.00

41

30309951

05/16/25

0.00

0.00

3,079,441.14

0.00

0.00

(330,458.21)

0.00

0.00

3,079,891.14

 

 

12/17/24

0.00

0.00

3,410,349.35

0.00

0.00

3,410,349.35

0.00

0.00

 

55

30309999

01/27/25

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Cumulative Totals

 

0.00

1,831.81

3,079,441.14

0.00

0.00

3,079,891.14

0.00

0.00

3,079,891.14

 

 

 

 

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Page 24 of 26

 


 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

    Collected

Monthly

Liquidation

Work Out

     ASER

PPIS / (PPIE)

    Interest

Advances

      Interest

(Refunds)

(Excess)

1

0.00

0.00

16,390.99

0.00

0.00

0.00

0.00

306,314.74

0.00

0.00

0.00

0.00

2

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

(125.82)

0.00

0.00

0.00

3

0.00

0.00

0.00

0.00

0.00

34,834.92

0.00

0.00

0.00

0.00

0.00

0.00

5

0.00

0.00

7,645.51

0.00

0.00

62,639.70

0.00

0.00

0.00

0.00

0.00

0.00

6

0.00

0.00

7,289.51

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

20

0.00

0.00

0.00

0.00

635.63

0.00

0.00

0.00

0.00

0.00

0.00

0.00

38

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

(1,251.02)

0.00

75,000.00

0.00

55

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

2,860.09

0.00

Total

0.00

0.00

31,326.01

0.00

635.63

97,474.62

0.00

306,314.74

(1,376.84)

0.00

77,860.09

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

512,234.25

 

 

 

 

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Page 25 of 26

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 26 of 26