EX-99.1 2 ccr16c06_ex991-202510.htm ccr16c06_ex991-202510.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

10/10/25

CFCRE 2016-C6 Mortgage Trust

Determination Date:

10/06/25

 

Next Distribution Date:

11/13/25

 

Record Date:

09/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2016-C6

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

CCRE Commercial Mortgage Securities, L.P.

 

 

Certificate Factor Detail

3

 

Christian Wall

 

christian.wall@cantor.com

Certificate Interest Reconciliation Detail

4

 

110 East 59th Street, 6th Floor | New York, NY 10022 | United States

 

 

 

Master Servicer

Trimont LLC

 

 

Additional Information

5

 

 

 

 

 

 

 

Attention: CMBS Servicing

 

trimont.commercial.servicing@cms.trimont.com

Bond / Collateral Reconciliation - Cash Flows

6

 

 

 

 

 

 

 

550 S. Tryon Street, Suite 2400 | Charlotte, NC 28202 | United States

 

Bond / Collateral Reconciliation - Balances

7

Special Servicer

Rialto Capital Advisors, LLC

 

 

Current Mortgage Loan and Property Stratification

8-12

 

General

(305) 229-6465

 

Mortgage Loan Detail (Part 1)

13-14

 

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

 

 

Mortgage Loan Detail (Part 2)

15-16

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

 

 

Representations Reviewer

 

 

 

Principal Prepayment Detail

17

 

 

 

 

 

 

 

David Rodgers

(212) 230-9025

 

Historical Detail

18

 

600 Third Avenue, 40th Floor | New York, NY 10016 | United States

 

 

Delinquency Loan Detail

19

Certificate Administrator

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

 

 

Collateral Stratification and Historical Detail

20

 

Bank, N.A.

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 1

21

 

 

 

trustadministrationgroup@computershare.com

Specially Serviced Loan Detail - Part 2

22

 

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

 

 

Modified Loan Detail

23

Trustee

Wilmington Trust, National Association

 

 

Historical Liquidated Loan Detail

24

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

 

 

 

1100 North Market Street | Wilmington, DE 19890 | United States

 

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

 

 

 

 

 

Controlling Class

RREF III Debt AIV, L.P.

 

 

Interest Shortfall Detail - Collateral Level

26

Representative

 

 

 

Supplemental Notes

27

 

-

 

 

 

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

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

   

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Page 1 of 27

 


 
 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

   Pass-Through

 

 

    Principal

  Interest

     Prepayment

 

 

 

Credit

Credit

Class

CUSIP

   Rate (2)

        Original Balance                            Beginning Balance

   Distribution

   Distribution

   Penalties

       Realized Losses        Total Distribution               Ending Balance

Support¹             Support¹

 

A-1

12532AAW9

1.519000%

30,937,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-SB

12532AAX7

3.060000%

33,226,000.00

1,512,713.69

728,468.90

3,857.42

0.00

0.00

732,326.32

784,244.79

32.95%

30.00%

A-2

12532AAY5

2.950000%

220,000,000.00

200,744,055.66

0.00

493,495.80

0.00

0.00

493,495.80

200,744,055.66

32.95%

30.00%

A-3

12532AAZ2

3.217000%

267,118,000.00

267,118,000.00

0.00

716,098.84

0.00

0.00

716,098.84

267,118,000.00

32.95%

30.00%

A-M

12532ABA6

3.502000%

59,066,000.00

59,066,000.00

0.00

172,374.28

0.00

0.00

172,374.28

59,066,000.00

24.50%

22.50%

B

12532ABB4

3.804000%

39,377,000.00

39,377,000.00

0.00

124,825.09

0.00

0.00

124,825.09

39,377,000.00

18.87%

17.50%

C

12532ABC2

4.162053%

37,408,000.00

37,408,000.00

0.00

129,745.08

0.00

0.00

129,745.08

37,408,000.00

13.52%

12.75%

D

12532AAA7

4.162053%

42,331,000.00

42,331,000.00

0.00

146,819.90

0.00

0.00

146,819.90

42,331,000.00

7.46%

7.38%

E

12532AAC3

2.856000%

19,689,000.00

19,689,000.00

0.00

46,859.82

0.00

0.00

46,859.82

19,689,000.00

4.64%

4.88%

F

12532AAE9

2.856000%

7,875,000.00

7,875,000.00

0.00

18,742.50

0.00

0.00

18,742.50

7,875,000.00

3.52%

3.88%

G

12532AAG4

2.856000%

30,517,880.00

24,577,202.45

0.00

51,265.74

0.00

0.00

51,265.74

24,577,202.45

0.00%

0.00%

V

12532AAS8

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

12532AAU3

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

787,544,880.02

699,697,971.80

728,468.90

1,904,084.47

0.00

0.00

2,632,553.37

698,969,502.90

 

 

 

 

X-A

12532ABD0

1.059751%

551,281,000.00

469,374,769.35

0.00

414,517.02

0.00

0.00

414,517.02

468,646,300.45

 

 

X-B

12532ABE8

0.539254%

98,443,000.00

98,443,000.00

0.00

44,238.16

0.00

0.00

44,238.16

98,443,000.00

 

 

X-E

12532AAL3

1.306053%

19,689,000.00

19,689,000.00

0.00

21,429.07

0.00

0.00

21,429.07

19,689,000.00

 

 

X-F

12532AAN9

1.306053%

7,875,000.00

7,875,000.00

0.00

8,570.98

0.00

0.00

8,570.98

7,875,000.00

 

 

X-G

12532AAQ2

1.306053%

30,517,880.00

24,577,202.45

0.00

26,749.28

0.00

0.00

26,749.28

24,577,202.45

 

 

Notional SubTotal

 

707,805,880.00

619,958,971.80

0.00

515,504.51

0.00

0.00

515,504.51

619,230,502.90

 

 

 

Deal Distribution Total

 

 

 

728,468.90

2,419,588.98

0.00

0.00

3,148,057.88

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

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

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 of 27

 


 
 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

      Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

   Prepayment Penalties

      Losses

     Total Distribution

      Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

12532AAW9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

12532AAX7

45.52801090

21.92466442

0.11609643

0.00000000

0.00000000

0.00000000

0.00000000

22.04076085

23.60334648

A-2

12532AAY5

912.47298027

0.00000000

2.24316273

0.00000000

0.00000000

0.00000000

0.00000000

2.24316273

912.47298027

A-3

12532AAZ2

1,000.00000000

0.00000000

2.68083334

0.00000000

0.00000000

0.00000000

0.00000000

2.68083334

1,000.00000000

A-M

12532ABA6

1,000.00000000

0.00000000

2.91833339

0.00000000

0.00000000

0.00000000

0.00000000

2.91833339

1,000.00000000

B

12532ABB4

1,000.00000000

0.00000000

3.17000000

0.00000000

0.00000000

0.00000000

0.00000000

3.17000000

1,000.00000000

C

12532ABC2

1,000.00000000

0.00000000

3.46837789

0.00000000

0.00000000

0.00000000

0.00000000

3.46837789

1,000.00000000

D

12532AAA7

1,000.00000000

0.00000000

3.46837778

0.00000000

0.00000000

0.00000000

0.00000000

3.46837778

1,000.00000000

E

12532AAC3

1,000.00000000

0.00000000

2.38000000

0.00000000

0.00000000

0.00000000

0.00000000

2.38000000

1,000.00000000

F

12532AAE9

1,000.00000000

0.00000000

2.38000000

0.00000000

0.00000000

0.00000000

0.00000000

2.38000000

1,000.00000000

G

12532AAG4

805.33780361

0.00000000

1.67985915

0.23684476

15.71173555

0.00000000

0.00000000

1.67985915

805.33780361

V

12532AAS8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

12532AAU3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

12532ABD0

851.42562387

0.00000000

0.75191603

0.00000000

0.00000000

0.00000000

0.00000000

0.75191603

850.10421264

X-B

12532ABE8

1,000.00000000

0.00000000

0.44937842

0.00000000

0.00000000

0.00000000

0.00000000

0.44937842

1,000.00000000

X-E

12532AAL3

1,000.00000000

0.00000000

1.08837777

0.00000000

0.00000000

0.00000000

0.00000000

1.08837777

1,000.00000000

X-F

12532AAN9

1,000.00000000

0.00000000

1.08837841

0.00000000

0.00000000

0.00000000

0.00000000

1.08837841

1,000.00000000

X-G

12532AAQ2

805.33780361

0.00000000

0.87651174

0.00000000

0.00000000

0.00000000

0.00000000

0.87651174

805.33780361

 

 

 

 

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Page 3 of 27

 


 
 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Additional

 

 

 

 

 

 

 

     Accrued

Net Aggregate

      Distributable

    Interest

 

    Interest

 

 

 

 

 

Accrual

    Prior Interest

     Certificate

Prepayment

     Certificate

    Shortfalls /

Payback of Prior

    Distribution

   Interest

Cumulative

 

Class

Accrual Period

Days

    Shortfalls

    Interest

Interest Shortfall

      Interest

    (Paybacks)

Realized Losses

      Amount

    Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-SB

09/01/25 - 09/30/25

30

0.00

3,857.42

0.00

3,857.42

0.00

0.00

0.00

3,857.42

0.00

 

A-2

09/01/25 - 09/30/25

30

0.00

493,495.80

0.00

493,495.80

0.00

0.00

0.00

493,495.80

0.00

 

A-3

09/01/25 - 09/30/25

30

0.00

716,098.84

0.00

716,098.84

0.00

0.00

0.00

716,098.84

0.00

 

X-A

09/01/25 - 09/30/25

30

0.00

414,517.02

0.00

414,517.02

0.00

0.00

0.00

414,517.02

0.00

 

X-B

09/01/25 - 09/30/25

30

0.00

44,238.16

0.00

44,238.16

0.00

0.00

0.00

44,238.16

0.00

 

X-E

09/01/25 - 09/30/25

30

0.00

21,429.07

0.00

21,429.07

0.00

0.00

0.00

21,429.07

0.00

 

X-F

09/01/25 - 09/30/25

30

0.00

8,570.98

0.00

8,570.98

0.00

0.00

0.00

8,570.98

0.00

 

X-G

09/01/25 - 09/30/25

30

0.00

26,749.28

0.00

26,749.28

0.00

0.00

0.00

26,749.28

0.00

 

A-M

09/01/25 - 09/30/25

30

0.00

172,374.28

0.00

172,374.28

0.00

0.00

0.00

172,374.28

0.00

 

B

09/01/25 - 09/30/25

30

0.00

124,825.09

0.00

124,825.09

0.00

0.00

0.00

124,825.09

0.00

 

C

09/01/25 - 09/30/25

30

0.00

129,745.08

0.00

129,745.08

0.00

0.00

0.00

129,745.08

0.00

 

D

09/01/25 - 09/30/25

30

0.00

146,819.90

0.00

146,819.90

0.00

0.00

0.00

146,819.90

0.00

 

E

09/01/25 - 09/30/25

30

0.00

46,859.82

0.00

46,859.82

0.00

0.00

0.00

46,859.82

0.00

 

F

09/01/25 - 09/30/25

30

0.00

18,742.50

0.00

18,742.50

0.00

0.00

0.00

18,742.50

0.00

 

G

09/01/25 - 09/30/25

30

472,260.86

58,493.74

0.00

58,493.74

7,228.00

0.00

0.00

51,265.74

479,488.86

 

Totals

 

 

472,260.86

2,426,816.98

0.00

2,426,816.98

7,228.00

0.00

0.00

2,419,588.98

479,488.86

 

 

 

 

 

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Page 4 of 27

 


 
 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

3,148,057.88

 

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

 

 

 

 

 

 

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Page 5 of 27

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

2,445,363.59

Master Servicing Fee

11,827.80

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

4,153.08

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

291.54

ARD Interest

0.00

Operating Advisor Fee

1,797.60

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

186.59

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

2,445,363.59

Total Fees

18,546.61

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

728,468.90

Reimbursement for Interest on Advances

2,025.94

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

3,500.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

1,702.06

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

728,468.90

Total Expenses/Reimbursements

7,228.00

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,419,588.98

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

728,468.90

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Net SWAP Counterparty Payments Received

0.00

Borrower Option Extension Fees

0.00

 

 

Net SWAP Counterparty Payments Paid

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

3,148,057.88

Total Funds Collected

3,173,832.49

Total Funds Distributed

3,173,832.49

 

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Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

      Total

 

        Total

Beginning Scheduled Collateral Balance

699,697,971.80

699,697,971.80

Beginning Certificate Balance

699,697,971.80

(-) Scheduled Principal Collections

728,468.90

728,468.90

(-) Principal Distributions

728,468.90

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

0.00

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

0.00

0.00

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

698,969,502.90

698,969,502.90

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

699,803,129.95

699,803,129.95

Ending Certificate Balance

698,969,502.90

Ending Actual Collateral Balance

698,987,803.07

698,987,803.07

 

 

 

 

 

 

 

           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

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.16%

 

 

 

 

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 7 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

 

9,999,999 or less

13

66,315,441.56

9.49%

11

4.6400

1.263052

1.39 or less

11

157,004,320.24

22.46%

11

4.8272

0.965537

10,000,000 to 19,999,999

10

141,834,336.85

20.29%

9

4.7759

1.703327

1.40 to 1.44

1

20,558,649.11

2.94%

9

4.8400

1.449800

20,000,000 to 29,999,999

2

41,704,159.02

5.97%

8

5.1336

1.165049

1.45 to 1.54

3

25,215,084.29

3.61%

13

5.0729

1.507680

 

30,000,000 or greater

5

230,000,000.00

32.91%

13

3.6239

2.767661

1.55 to 1.99

9

82,988,536.09

11.87%

8

4.5963

1.801420

 

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

2.00 to 2.49

1

40,000,000.00

5.72%

13

3.5870

2.266400

 

 

 

 

 

 

 

 

2.50 or greater

5

154,087,347.70

22.04%

12

3.3906

3.575444

 

 

 

 

 

 

 

 

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 27

 


 
 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

   Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Defeased

19

219,115,565.47

31.35%

11

4.0993

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

19

219,115,565.47

31.35%

11

4.0993

NAP

California

7

96,847,948.82

13.86%

11

4.4079

1.599778

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

5

71,988,579.37

10.30%

9

5.2645

1.391071

Florida

1

1,809,994.42

0.26%

10

5.0500

1.675100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

2

65,754,566.44

9.41%

13

4.6338

1.006145

Georgia

3

39,559,113.10

5.66%

9

4.8612

2.089182

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

7

117,254,881.94

16.78%

11

4.0209

2.313734

Indiana

1

12,299,708.75

1.76%

9

4.9800

0.540500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

59

20,070,788.23

2.87%

5

4.2786

1.679848

Maryland

1

19,735,105.01

2.82%

13

5.1180

1.500200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

24

204,785,121.46

29.30%

12

3.8658

2.639834

Massachusetts

1

2,619,959.16

0.37%

9

4.8400

1.449800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

116

698,969,502.90

100.00%

11

4.1932

2.431033

Minnesota

1

2,866,932.68

0.41%

9

4.7500

1.929400

 

 

 

 

 

 

 

New Hampshire

6

17,938,689.95

2.57%

9

4.8400

1.449800

 

 

 

 

 

 

 

New Jersey

10

2,547,034.77

0.36%

4

4.3000

1.677900

 

 

 

 

 

 

 

New Mexico

1

3,592,449.46

0.51%

13

5.2180

1.733400

 

 

 

 

 

 

 

New York

4

15,369,605.20

2.20%

11

4.1267

1.255949

 

 

 

 

 

 

 

North Carolina

2

3,885,903.99

0.56%

12

4.8270

1.542769

 

 

 

 

 

 

 

North Dakota

1

3,401,445.55

0.49%

9

4.7500

1.929400

 

 

 

 

 

 

 

Pennsylvania

12

17,526,555.15

2.51%

8

4.8864

1.181756

 

 

 

 

 

 

 

Tennessee

1

1,729,233.58

0.25%

11

5.0500

1.527500

 

 

 

 

 

 

 

Texas

2

13,133,819.63

1.88%

5

5.3573

1.391474

 

 

 

 

 

 

 

Virginia

37

80,854,609.25

11.57%

12

3.1643

3.972488

 

 

 

 

 

 

 

Washington

3

136,250,028.67

19.49%

13

3.9844

2.049952

 

 

 

 

 

 

 

Wisconsin

3

7,885,800.29

1.13%

9

4.7500

1.929400

 

 

 

 

 

 

 

Totals

116

698,969,502.90

100.00%

11

4.1932

2.431033

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 9 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

    Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

      Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

 

3.7499% or less

6

187,900,000.00

26.88%

13

3.2892

3.272739

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

3.7500% to 4.2499%

1

3,688,670.77

0.53%

10

4.1835

1.688500

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.2500% to 4.7499%

8

132,930,394.52

19.02%

11

4.5626

1.300060

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.7500% to 5.2499%

12

110,376,726.10

15.79%

10

4.9482

1.289028

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.2500% or greater

3

44,958,146.04

6.43%

6

5.4837

1.651032

49 months or greater

30

479,853,937.43

68.65%

11

4.2360

2.105848

 

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 10 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

    Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

 

117 months or less

30

479,853,937.43

68.65%

11

4.2360

2.105848

Interest Only

8

264,282,117.45

37.81%

12

3.6565

2.667275

 

118 months or greater

0

0.00

0.00%

0

0.0000

0.000000

299 months or less

22

215,571,819.98

30.84%

10

4.9466

1.417561

 

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

300 months to 359 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

360 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 11 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Recent NOI

Loans

      Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

      Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

13

219,115,565.47

31.35%

11

4.0993

NAP

60 months or less

0

0.00

0.00%

0

0.0000

0.000000

Underwriter's Information

2

41,000,000.00

5.87%

13

3.0941

3.931220

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

12 months or less

28

438,853,937.43

62.79%

11

4.3427

1.935312

Totals

0

0.00

0.00%

0

0.0000

0.000000

 

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

43

698,969,502.90

100.00%

11

4.1932

2.431033

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 12 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

   Scheduled

       Scheduled

Principal               Anticipated           Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

   City

State

Type

Rate

  Interest

     Principal

Adjustments           Repay Date

Date

Date

Balance

Balance

Date

1

407004657

OF

Seattle

WA

Actual/360

3.383%

169,150.00

0.00

0.00

11/06/26

11/06/28

--

60,000,000.00

60,000,000.00

10/06/25

1A

407004659

 

 

 

Actual/360

3.383%

31,010.83

0.00

0.00

11/06/26

11/06/28

--

11,000,000.00

11,000,000.00

10/06/25

2

453011369

OF

Boston

MA

Actual/360

2.798%

163,226.96

0.00

0.00

08/06/26

11/06/28

--

70,000,000.00

70,000,000.00

10/06/25

3

303161087

RT

Woodbridge

VA

Actual/360

2.988%

99,607.10

0.00

0.00

N/A

11/01/26

--

40,000,000.00

40,000,000.00

10/01/25

3A

407004652

 

 

 

Actual/360

2.988%

74,705.32

0.00

0.00

N/A

11/01/26

--

30,000,000.00

30,000,000.00

10/01/25

4

306851004

MU

Seattle

WA

Actual/360

4.631%

231,550.00

0.00

0.00

N/A

11/06/26

--

60,000,000.00

60,000,000.00

10/06/25

5

303161091

RT

Fresno

CA

Actual/360

3.587%

119,566.67

0.00

0.00

N/A

11/01/26

--

40,000,000.00

40,000,000.00

10/01/25

6

407004649

RT

Miami

FL

Actual/360

4.818%

160,600.00

0.00

0.00

N/A

10/06/26

--

40,000,000.00

40,000,000.00

10/06/25

7

407004633

LO

Los Angeles

CA

Actual/360

5.419%

95,692.75

44,986.60

0.00

N/A

05/06/26

--

21,190,496.51

21,145,509.91

10/06/25

8

407004629

RT

Various

Various

Actual/360

4.840%

83,094.95

43,405.66

0.00

N/A

07/06/26

--

20,602,054.77

20,558,649.11

10/06/25

9

407004654

RT

Stamford

CT

Actual/360

4.001%

67,927.98

44,278.16

0.00

N/A

10/06/26

--

20,373,300.74

20,329,022.58

10/06/25

10

306851010

LO

Baltimore

MD

Actual/360

5.118%

84,337.26

39,163.53

0.00

N/A

11/06/26

--

19,774,268.54

19,735,105.01

10/06/25

11

303161075

LO

Nashville

TN

Actual/360

5.116%

81,827.96

41,916.87

0.00

N/A

07/01/26

--

19,193,423.71

19,151,506.84

10/01/25

12

407004627

RT

Norcross

GA

Actual/360

4.500%

68,474.57

43,249.54

0.00

N/A

07/06/26

--

18,259,885.27

18,216,635.73

10/06/25

13

407004656

IN

Detroit

MI

Actual/360

4.896%

74,140.62

39,913.36

0.00

N/A

11/06/26

--

18,171,719.43

18,131,806.07

10/06/25

14

407000623

98

Various

Various

Actual/360

4.300%

58,702.59

0.00

0.00

N/A

02/06/26

--

16,382,117.45

16,382,117.45

10/06/25

15

407004637

OF

Breinigsville

PA

Actual/360

5.000%

61,307.82

32,635.96

0.00

N/A

07/06/26

--

14,713,875.97

14,681,240.01

09/06/25

16

306851016

RT

Various

Various

Actual/360

4.750%

56,155.70

32,524.35

0.00

N/A

07/06/26

--

14,186,702.87

14,154,178.52

10/06/25

17

306851017

LO

Savannah

GA

Actual/360

5.584%

61,098.04

42,603.56

0.00

N/A

05/06/26

--

13,129,951.26

13,087,347.70

10/06/25

18

303161080

LO

Indianapolis

IN

Actual/360

4.980%

51,157.56

27,414.96

0.00

N/A

07/01/26

--

12,327,123.71

12,299,708.75

10/01/25

19

407004632

MH

Various

Various

Actual/360

4.850%

45,408.77

25,275.55

0.00

N/A

08/06/26

--

11,235,160.63

11,209,885.08

10/06/25

20

303161081

RT

Ceres

CA

Actual/360

4.580%

44,181.90

23,329.47

0.00

N/A

09/01/26

--

11,576,044.72

11,552,715.25

10/01/25

21

407000609

OF

Sherman

TX

Actual/360

5.489%

49,164.80

23,074.56

0.00

N/A

01/06/26

--

10,748,362.99

10,725,288.43

10/06/25

22

407004680

OF

Charlotte

NC

Actual/360

4.966%

42,056.27

22,113.20

0.00

N/A

11/06/26

--

10,162,610.97

10,140,497.77

10/06/25

24

303161096

OF

Atlanta

GA

Actual/360

4.513%

31,114.63

19,120.77

0.00

N/A

11/01/26

--

8,274,250.44

8,255,129.67

10/01/25

25

407004661

RT

Santa Clarita

CA

Actual/360

4.577%

28,745.35

17,269.02

0.00

N/A

11/06/26

--

7,536,470.33

7,519,201.31

10/06/25

26

407004648

IN

Various

Various

Actual/360

4.545%

28,268.21

15,027.61

0.00

N/A

10/06/26

--

7,463,552.57

7,448,524.96

10/06/25

27

407004647

RT

Various

Various

Actual/360

4.771%

28,644.00

15,061.14

0.00

N/A

10/06/26

--

7,204,526.77

7,189,465.63

10/06/25

 

 

 

 

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Page 13 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

    Scheduled

Scheduled

Principal                Anticipated         Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

   City

State

Type

Rate

   Interest

Principal

Adjustments           Repay Date

Date

Date

Balance

Balance

Date

28

303161085

Various       Grand Prairie

TX

Actual/360

3.830%

20,531.89

16,413.79

0.00

N/A

09/01/26

--

6,432,968.67

6,416,554.88

10/01/25

30

303161084

LO

Brea

CA

Actual/360

5.080%

24,298.99

19,011.66

0.00

N/A

09/01/26

--

5,739,919.66

5,720,908.00

10/01/25

31

407004664

MH

Savannah

GA

Actual/360

5.020%

24,571.42

12,688.17

0.00

N/A

11/06/26

--

5,873,645.94

5,860,957.77

10/06/25

32

306851032

RT

New York

NY

Actual/360

3.650%

20,987.50

0.00

0.00

N/A

09/06/26

--

6,900,000.00

6,900,000.00

07/06/25

33

306851033

MU

Sacramento

CA

Actual/360

4.663%

22,409.66

12,448.44

0.00

N/A

07/06/26

--

5,767,014.88

5,754,566.44

10/06/25

34

407004662

RT

Sonoma

CA

Actual/360

4.968%

21,388.43

11,238.50

0.00

N/A

11/06/26

--

5,166,286.41

5,155,047.91

10/06/25

35

306851035

OF

Seattle

WA

Actual/360

4.728%

20,726.45

10,492.88

0.00

N/A

07/06/26

--

5,260,521.55

5,250,028.67

10/06/25

37

407004651

LO

Mesquite

NV

Actual/360

4.980%

16,404.80

8,634.50

0.00

N/A

10/06/26

--

3,952,965.02

3,944,330.52

10/06/25

38

306851038

98

New York

NY

Actual/360

4.184%

12,891.25

9,071.21

0.00

08/06/26

08/06/28

--

3,697,741.98

3,688,670.77

10/06/25

39

407004665

OF

Santa Fe

NM

Actual/360

5.218%

15,654.09

7,570.84

0.00

N/A

11/06/26

--

3,600,020.30

3,592,449.46

09/06/25

40

306851040

OF

Morganton

NC

Actual/360

4.846%

15,170.70

5,927.28

0.00

N/A

10/06/26

--

3,756,672.98

3,750,745.70

10/06/25

41

303161086

SS

Copperas Cove

TX

Actual/360

3.910%

10,640.72

8,248.93

0.00

N/A

09/01/26

--

3,265,692.96

3,257,444.03

10/01/25

42

407004610

MF

Oshkosh

WI

Actual/360

5.140%

13,842.22

6,610.67

0.00

N/A

05/06/26

--

3,231,645.64

3,225,034.97

10/06/25

43

407004635

RT

Brandon

FL

Actual/360

5.050%

7,633.78

3,973.67

0.00

N/A

08/06/26

--

1,813,968.09

1,809,994.42

10/06/25

44

407004642

RT

Madisonville

TN

Actual/360

5.050%

7,293.08

3,774.49

0.00

N/A

09/06/26

--

1,733,008.07

1,729,233.58

10/06/25

Totals

 

 

 

 

 

 

2,445,363.59

728,468.90

0.00

 

 

 

699,697,971.80

698,969,502.90

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 14 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent               Most Recent           Appraisal

 

 

 

 

   Cumulative

Current

 

 

 

Most Recent

    Most Recent

NOI Start

   NOI End

    Reduction

Appraisal

      Cumulative

Current P&I

Cumulative P&I

   Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

      NOI

Date

  Date

   Date

Reduction Amount

     ASER

    Advances

   Advances

    Advances

from Principal

Defease Status

 

1

13,105,568.85

5,163,201.07

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

3

30,508,634.20

19,834,252.54

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

2,637,230.72

1,481,266.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

27,676,308.70

13,854,244.86

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

7

4,140,227.77

3,847,368.28

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

2,010,867.10

1,195,631.27

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

10

2,544,922.81

2,451,342.16

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

12

2,862,499.08

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

14

12,676,873.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

4,879,925.00

0.00

--

--

--

0.00

0.00

93,637.24

93,637.24

0.00

0.00

 

 

16

8,526,148.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

18,559,287.00

8,523,003.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

927,382.95

724,958.32

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

20

1,089,340.93

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

1,739,988.40

774,198.40

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

24

995,320.43

405,045.18

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,296,580.56

575,258.54

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

27

243,140.20

52,488.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 15 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent               Most Recent           Appraisal

 

 

 

 

    Cumulative

Current

 

 

 

Most Recent

       Most Recent

NOI Start

NOI End

    Reduction

Appraisal

     Cumulative

Current P&I

Cumulative P&I

   Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

    NOI

   Date

    Date

     Date

Reduction Amount

    ASER

    Advances

    Advances

     Advances

from Principal

Defease Status

 

28

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

30

802,838.07

797,112.71

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

32

425,558.26

0.00

--

--

06/06/24

563,619.57

1,799.90

20,506.46

63,083.25

0.00

0.00

 

 

33

546,851.00

148,656.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

529,461.00

237,152.52

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

406,526.00

223,302.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

38

9,950,092.00

2,492,095.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

536,347.54

521,828.74

07/01/24

06/30/25

--

0.00

0.00

23,149.93

23,149.93

0.00

0.00

 

 

40

403,470.00

201,911.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

42

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

43

232,451.89

129,947.95

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

253,127.24

113,966.42

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

150,506,968.70

63,748,229.96

 

 

 

563,619.57

1,799.90

137,293.63

179,870.42

0.00

0.00

 

 

 

 

 

 

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Page 16 of 27

 


 
 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

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

 

 

 

 

 

 

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Page 17 of 27

 


 
 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

 

Rate and Maturities

 

 

          30-59 Days

 

          60-89 Days

 

        90 Days or More

 

       Foreclosure

 

        REO

Modifications

 

 

       Curtailments

 

     Payoff

 

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

        Balance

#

        Balance

#

      Balance

#

      Balance

#

       Balance

#

    Balance

 

#

      Amount

#

   Amount

 

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10/10/25

0

0.00

1

6,900,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.193167%

4.153644%

11

09/12/25

2

21,086,702.87

1

5,767,014.88

0

0.00

0

0.00

0

0.00

0

0.00

 

1

320,910.38

0

0.00

 

4.193861%

4.154331%

12

08/12/25

1

5,778,669.54

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

1

273,115.22

0

0.00

 

4.194556%

4.155017%

13

07/11/25

1

5,790,277.58

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.195240%

4.155692%

14

06/12/25

0

0.00

1

6,900,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.195921%

4.156366%

15

05/12/25

1

6,900,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.196555%

4.156992%

16

04/11/25

1

6,900,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.197228%

4.157658%

17

03/12/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.197853%

4.158277%

18

02/12/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.198605%

4.159020%

19

01/10/25

0

0.00

1

6,900,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

1

2,661,125.80

0

0.00

 

4.199222%

4.159630%

20

12/12/24

1

6,900,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.200211%

4.160597%

21

11/13/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.200861%

4.161240%

22

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 18 of 27

 


 
 

 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

       Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

     Current P&I

Outstanding P&I

       Servicer

Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

    Advances

     Advances

       Advances

    Balance

Date

Code²

 

Date

Date

REO Date

15

407004637

09/06/25

0

B

 

93,637.24

93,637.24

0.00

14,713,875.97

01/03/22

98

 

 

 

 

32

306851032

07/06/25

2

2

 

20,506.46

63,083.25

237.07

6,900,000.00

09/10/19

9

 

 

 

 

39

407004665

09/06/25

0

B

 

23,149.93

23,149.93

0.00

3,600,020.30

 

 

 

 

 

 

Totals

 

 

 

 

 

137,293.63

179,870.42

237.07

25,213,896.27

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

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

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 19 of 27

 


 
 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

          Total

         Performing

Non-Performing

        REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

27,107,406

27,107,406

0

 

 

0

 

7 - 12 Months

 

278,783,231

271,883,231

6,900,000

 

 

0

 

13 - 24 Months

 

248,390,195

248,390,195

0

 

 

0

 

25 - 36 Months

 

3,688,671

3,688,671

0

 

 

0

 

37 - 48 Months

 

141,000,000

141,000,000

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

 

 

Oct-25

698,969,503

692,069,503

0

6,900,000

0

 

0

 

Sep-25

699,697,972

672,844,254

21,086,703

5,767,015

0

 

0

 

Aug-25

700,700,624

694,921,954

5,778,670

0

0

 

0

 

Jul-25

701,652,640

695,862,363

5,790,278

0

0

 

0

 

Jun-25

702,372,685

695,472,685

0

6,900,000

0

 

0

 

May-25

703,045,757

696,145,757

6,900,000

0

0

 

0

 

Apr-25

703,760,183

696,860,183

6,900,000

0

0

 

0

 

Mar-25

704,427,475

704,427,475

0

0

0

 

0

 

Feb-25

705,225,050

705,225,050

0

0

0

 

0

 

Jan-25

705,886,237

698,986,237

0

6,900,000

0

 

0

 

Dec-24

709,205,795

702,305,795

6,900,000

0

0

 

0

 

Nov-24

709,906,111

709,906,111

0

0

0

 

0

 

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

 

 

 

 

 

 

 

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Page 20 of 27

 


 
 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

       Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

     Balance

        Actual Balance

    Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

15

407004637

14,681,240.01

14,713,875.97

102,000,000.00

05/03/16

4,545,804.00

1.08560

12/31/24

07/06/26

248

32

306851032

6,900,000.00

6,900,000.00

6,200,000.00

04/15/24

424,746.26

1.64980

12/31/24

09/06/26

I/O

Totals

 

21,581,240.01

21,613,875.97

108,200,000.00

 

4,970,550.26

 

 

 

 

 

 

 

 

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Page 21 of 27

 


 
 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

15

407004637

OF

PA

01/03/22

98

 

 

 

 

Loan transferred to special servicing for Imminent Monetary Default due to a major lease expiration in 10/2023; the tenant subsequently renewed in Q1 2023. The Loan is in cash management and payment current. Special Servicer is monitoring

 

leasing activity and property performance and a lease approval request was approved. Borrower indicated intent to sell the property and defease the Loa in October 2025.

 

 

 

32

306851032

RT

NY

09/10/19

9

 

 

 

 

The Loan was transferred to Special Servicing due to Payment Default. The Special Servicer and Borrower entered into a Settlement Agreement on September 29, 2023 effective as of May 6, 2023. Cash management has now been

 

implemented. Loan is pending ret urn to the Master Servicer. Expect return to the Master Servicer in October 2025.

 

 

 

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 22 of 27

 


 
 

 

                   

 

 

 

 

Modified Loan Detail

 

 

 

 

 

Pre-Modification

Post-Modification

 

 

 

Modification

Modification

 

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

        Balance

Rate

        Balance

Rate

 

 

 

 

Pros ID

Loan Number

 

 

 

 

Code¹

Date

Date

Date

7

407004633

23,600,825.29

5.41900%

23,600,825.29

5.41900%

10

06/02/20

06/06/20

06/08/20

7

407004633

0.00

5.41900%

0.00

5.41900%

10

06/08/20

06/06/20

06/02/20

8

407004629

0.00

4.84000%

0.00

4.84000%

8

11/30/18

11/30/18

--

11

303161075

0.00

5.11600%

0.00

5.11600%

10

05/26/21

05/26/21

--

17

306851017

15,397,875.07

5.58400%

15,397,875.07

5.58400%

10

06/19/20

07/06/20

08/06/20

17

306851017

0.00

5.58400%

0.00

5.58400%

10

08/06/20

07/06/20

06/19/20

33

306851033

6,431,996.02

4.66300%

6,431,996.02

4.66300%

10

07/27/20

08/06/20

08/06/20

33

306851033

0.00

4.66300%

0.00

4.66300%

10

08/06/20

08/06/20

07/27/20

37

407004651

4,403,671.32

4.98000%

4,403,671.32

4.98000%

10

08/20/20

09/06/20

09/08/20

37

407004651

0.00

4.98000%

0.00

4.98000%

10

09/08/20

09/06/20

08/20/20

Totals

 

49,834,367.70

 

49,834,367.70

 

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

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Page 23 of 27

 


 
 

 

                         

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

 

Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹

Number            Dist.Date

Balance

Value or BPO

   Proceeds

and Expenses

Liquidation

Distribution

   to Loan

     Loan

     Loan

Adjustment

Balance

23

303161090           04/12/21

10,331,598.78

15,000,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

29

407004660          01/10/20

7,018,726.31

3,500,000.00

3,529,151.18

240,047.91

3,529,151.18

3,289,103.27

3,729,623.04

0.00

19,602.43

3,710,020.61

50.40%

36

407004683           04/12/23

4,852,993.24

21,000,000.00

3,250,819.71

631,746.41

3,250,819.71

2,619,073.30

2,233,919.94

0.00

3,262.62

2,230,657.32

37.17%

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

22,203,318.33

39,500,000.00

6,779,970.89

871,794.32

6,779,970.89

5,908,176.57

5,963,542.98

0.00

22,865.05

5,940,677.93

 

 

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

 

 

 

 

 

 

 

 

 

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Page 24 of 27

 


 
 

 

                       

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

       Loss Covered by

 

 

 

 

Total Loss

 

 

 

from Collateral

from Collateral

         Aggregate

    Credit

Loss Applied to

     Loss Applied to

Non-Cash

Realized Losses

Applied to

 

Loan

Distribution

Principal

     Interest

       Realized Loss to

    Support/Deal

Certificate

     Certificate

Principal

from

Certificate

Pros ID

Number

Date

Collections

     Collections

         Loan

          Structure

Interest Payment

      Balance

Adjustment

NRA/WODRA

     Balance

23

303161090

04/26/21

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

29

407004660

07/12/23

0.00

0.00

3,710,020.61

0.00

0.00

(2,732.40)

0.00

0.00

3,710,020.61

 

 

08/12/22

0.00

0.00

3,712,753.01

0.00

0.00

(210.75)

0.00

0.00

 

 

 

08/12/21

0.00

0.00

3,712,963.76

0.00

0.00

201.18

0.00

0.00

 

 

 

11/13/20

0.00

0.00

3,712,762.58

0.00

0.00

12,708.34

0.00

0.00

 

 

 

09/14/20

0.00

0.00

3,700,054.24

0.00

0.00

4,859.59

0.00

0.00

 

 

 

05/12/20

0.00

0.00

3,695,194.65

0.00

0.00

(34,428.39)

0.00

0.00

 

 

 

01/10/20

0.00

0.00

3,729,623.04

0.00

0.00

3,729,623.04

0.00

0.00

 

36

407004683

01/12/24

0.00

0.00

2,230,657.32

0.00

0.00

(3,262.62)

0.00

0.00

2,230,657.32

 

 

04/12/23

0.00

0.00

2,233,919.94

0.00

0.00

2,233,919.94

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

0.00

5,940,677.93

0.00

0.00

5,940,677.93

0.00

0.00

5,940,677.93

 

 

 

 

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Page 25 of 27

 


 
 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

     Deferred

 

 

 

 

 

Non-

 

Reimbursement of

  Other

Interest

 

    Interest

    Interest

 

 

 

 

 

Recoverable

   Interest on

Advances from

     Shortfalls /

Reduction /

Pros ID

    Adjustments

     Collected

      Monthly

     Liquidation

      Work Out

      ASER

    PPIS / (PPIE)

      Interest

    Advances

     Interest

     (Refunds)

      (Excess)

8

0.00

0.00

0.00

0.00

1,265.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

3,500.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

16

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1,050.64

0.00

0.00

0.00

27

0.00

0.00

0.00

0.00

437.05

0.00

0.00

0.00

0.00

0.00

0.00

0.00

33

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

975.30

0.00

0.00

0.00

Total

0.00

0.00

3,500.00

0.00

1,702.06

0.00

0.00

0.00

2,025.94

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

7,228.00

 

 

 

 

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Page 26 of 27

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27