EX-99.1 2 msc18h03_ex991-202507.htm msc18h03_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

Morgan Stanley Capital I Trust 2018-H3

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2018-H3

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Morgan Stanley Capital I Inc.

 

 

Certificate Factor Detail

3

 

Jane Lam

(212) 761-4000

cmbs_notices@morganstanley.com

Certificate Interest Reconciliation Detail

4

 

1585 Broadway | New York, NY 10036 | 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

LNR Partners, LLC

 

 

Current Mortgage Loan and Property Stratification

8-12

 

Heather Bennett and Arne Shulkin

 

hbennett@starwood.com; ashulkin@lnrpartners.com;

Mortgage Loan Detail (Part 1)

13-15

 

 

 

lnr.cmbs.notices@lnrproperty.com

 

 

 

2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States

 

Mortgage Loan Detail (Part 2)

16-18

 

 

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Principal Prepayment Detail

19

Representations Reviewer

 

 

 

Historical Detail

20

 

CMBS Notices

 

cmbs.notices@parkbridgefinancial.com

Delinquency Loan Detail

21

 

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

 

 

 

 

Certificate Administrator

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

 

 

Collateral Stratification and Historical Detail

22

 

Bank, N.A.

 

 

Specially Serviced Loan Detail - Part 1

23

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 2

24

 

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

 

Modified Loan Detail

25

 

 

 

 

 

 

Trustee

Wilmington Trust, National Association

 

 

Historical Liquidated Loan Detail

26

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

Historical Bond / Collateral Loss Reconciliation Detail

27

 

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

 

 

Interest Shortfall Detail - Collateral Level

28

 

 

 

 

Supplemental Notes

29

 

 

 

 

 

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 29

 


 

 

                         

 

 

 

 

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

61767YAU4

3.176000%

24,170,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

61767YAV2

3.997000%

62,010,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-SB

61767YAW0

4.120000%

39,360,000.00

22,561,231.48

684,553.47

77,460.23

4,016.09

0.00

766,029.79

21,876,678.01

36.19%

30.00%

A-3

61767YAX8

3.919000%

38,050,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-4

61767YAY6

3.914000%

275,000,000.00

245,464,188.77

3,912,818.44

800,622.36

2,540.49

0.00

4,715,981.29

241,551,370.33

36.19%

30.00%

A-5

61767YAZ3

4.177000%

278,376,000.00

278,376,000.00

0.00

968,980.46

0.00

0.00

968,980.46

278,376,000.00

36.19%

30.00%

A-S

61767YBC3

4.429000%

90,902,000.00

90,902,000.00

0.00

335,504.13

0.00

0.00

335,504.13

90,902,000.00

25.48%

21.13%

B

61767YBD1

4.620000%

44,810,000.00

44,810,000.00

0.00

172,518.50

0.00

0.00

172,518.50

44,810,000.00

20.21%

16.75%

C

61767YBE9

4.812330%

43,530,000.00

43,530,000.00

0.00

174,567.28

0.00

0.00

174,567.28

43,530,000.00

15.08%

12.50%

D

61767YAC4

3.000000%

30,727,000.00

30,727,000.00

0.00

76,817.50

0.00

0.00

76,817.50

30,727,000.00

11.46%

9.50%

E-RR

61767YAF7

4.812330%

20,485,000.00

20,485,000.00

0.00

82,150.49

0.00

0.00

82,150.49

20,485,000.00

9.05%

7.50%

F-RR

61767YAH3

4.812330%

24,326,000.00

24,326,000.00

0.00

97,553.95

0.00

0.00

97,553.95

24,326,000.00

6.18%

5.13%

G-RR

61767YAK6

4.812330%

10,242,000.00

10,242,000.00

0.00

41,073.24

0.00

0.00

41,073.24

10,242,000.00

4.98%

4.13%

H-RR

61767YAM2

4.812330%

16,644,000.00

16,644,000.00

0.00

66,747.02

0.00

0.00

66,747.02

16,644,000.00

3.02%

2.50%

J-RR

61767YAP5

4.812330%

25,606,358.00

25,606,358.00

0.00

73,657.53

0.00

0.00

73,657.53

25,606,358.00

0.00%

0.00%

V

61767YAR1

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

61767YAS9

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

1,024,238,358.00

853,673,778.25

4,597,371.91

2,967,652.69

6,556.58

0.00

7,571,581.18

849,076,406.34

 

 

 

 

X-A

61767YBA7

0.755833%

716,966,000.00

546,401,420.25

0.00

344,156.98

69,436.09

0.00

413,593.07

541,804,048.34

 

 

X-B

61767YBB5

0.320265%

135,712,000.00

135,712,000.00

0.00

36,219.83

0.00

0.00

36,219.83

135,712,000.00

 

 

X-D

61767YAA8

1.812330%

30,727,000.00

30,727,000.00

0.00

46,406.22

0.00

0.00

46,406.22

30,727,000.00

 

 

Notional SubTotal

 

883,405,000.00

712,840,420.25

0.00

426,783.03

69,436.09

0.00

496,219.12

708,243,048.34

 

 

 

Deal Distribution Total

 

 

 

4,597,371.91

3,394,435.72

75,992.67

0.00

8,067,800.30

 

 

 

 

*

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 29

 


 

 

                     

 

 

 

 

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

61767YAU4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

61767YAV2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

61767YAW0

573.20201931

17.39211052

1.96799365

0.00000000

0.00000000

0.10203481

0.00000000

19.46213897

555.80990879

A-3

61767YAX8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-4

61767YAY6

892.59705007

14.22843069

2.91135404

0.00000000

0.00000000

0.00923815

0.00000000

17.14902287

878.36861938

A-5

61767YAZ3

1,000.00000000

0.00000000

3.48083333

0.00000000

0.00000000

0.00000000

0.00000000

3.48083333

1,000.00000000

A-S

61767YBC3

1,000.00000000

0.00000000

3.69083331

0.00000000

0.00000000

0.00000000

0.00000000

3.69083331

1,000.00000000

B

61767YBD1

1,000.00000000

0.00000000

3.85000000

0.00000000

0.00000000

0.00000000

0.00000000

3.85000000

1,000.00000000

C

61767YBE9

1,000.00000000

0.00000000

4.01027521

0.00000000

0.00000000

0.00000000

0.00000000

4.01027521

1,000.00000000

D

61767YAC4

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

0.00000000

0.00000000

2.50000000

1,000.00000000

E-RR

61767YAF7

1,000.00000000

0.00000000

4.01027532

0.00000000

0.00000000

0.00000000

0.00000000

4.01027532

1,000.00000000

F-RR

61767YAH3

1,000.00000000

0.00000000

4.01027501

0.00000000

0.00000000

0.00000000

0.00000000

4.01027501

1,000.00000000

G-RR

61767YAK6

1,000.00000000

0.00000000

4.01027534

0.00000000

0.00000000

0.00000000

0.00000000

4.01027534

1,000.00000000

H-RR

61767YAM2

1,000.00000000

0.00000000

4.01027517

0.00000000

0.00000000

0.00000000

0.00000000

4.01027517

1,000.00000000

J-RR

61767YAP5

1,000.00000000

0.00000000

2.87653285

1.13374225

21.93783435

0.00000000

0.00000000

2.87653285

1,000.00000000

V

61767YAR1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

61767YAS9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

61767YBA7

762.10227577

0.00000000

0.48001855

0.00000000

0.00000000

0.09684712

0.00000000

0.57686567

755.69001646

X-B

61767YBB5

1,000.00000000

0.00000000

0.26688745

0.00000000

0.00000000

0.00000000

0.00000000

0.26688745

1,000.00000000

X-D

61767YAA8

1,000.00000000

0.00000000

1.51027500

0.00000000

0.00000000

0.00000000

0.00000000

1.51027500

1,000.00000000

 

 

 

 

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Page 3 of 29

 


 

 

                         

 

 

 

 

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-SB

06/01/25 - 06/30/25

30

0.00

77,460.23

0.00

77,460.23

0.00

0.00

0.00

77,460.23

0.00

 

A-3

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-4

06/01/25 - 06/30/25

30

0.00

800,622.36

0.00

800,622.36

0.00

0.00

0.00

800,622.36

0.00

 

A-5

06/01/25 - 06/30/25

30

0.00

968,980.46

0.00

968,980.46

0.00

0.00

0.00

968,980.46

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

344,156.97

0.00

344,156.97

0.00

0.00

0.00

344,156.98

0.00

 

X-B

06/01/25 - 06/30/25

30

0.00

36,219.83

0.00

36,219.83

0.00

0.00

0.00

36,219.83

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

46,406.22

0.00

46,406.22

0.00

0.00

0.00

46,406.22

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

335,504.13

0.00

335,504.13

0.00

0.00

0.00

335,504.13

0.00

 

B

06/01/25 - 06/30/25

30

0.00

172,518.50

0.00

172,518.50

0.00

0.00

0.00

172,518.50

0.00

 

C

06/01/25 - 06/30/25

30

0.00

174,567.28

0.00

174,567.28

0.00

0.00

0.00

174,567.28

0.00

 

D

06/01/25 - 06/30/25

30

0.00

76,817.50

0.00

76,817.50

0.00

0.00

0.00

76,817.50

0.00

 

E-RR

06/01/25 - 06/30/25

30

0.00

82,150.49

0.00

82,150.49

0.00

0.00

0.00

82,150.49

0.00

 

F-RR

06/01/25 - 06/30/25

30

0.00

97,553.95

0.00

97,553.95

0.00

0.00

0.00

97,553.95

0.00

 

G-RR

06/01/25 - 06/30/25

30

0.00

41,073.24

0.00

41,073.24

0.00

0.00

0.00

41,073.24

0.00

 

H-RR

06/01/25 - 06/30/25

30

0.00

66,747.02

0.00

66,747.02

0.00

0.00

0.00

66,747.02

0.00

 

J-RR

06/01/25 - 06/30/25

30

530,589.22

102,688.54

0.00

102,688.54

29,031.01

0.00

0.00

73,657.53

561,748.04

 

Totals

 

 

530,589.22

3,423,466.72

0.00

3,423,466.72

29,031.01

0.00

0.00

3,394,435.72

561,748.04

 

 

 

 

 

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Page 4 of 29

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

8,067,800.30

 

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

 

 

 

 

 

 

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Page 5 of 29

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,452,380.32

Master Servicing Fee

7,483.31

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

4,575.94

Interest Adjustments

(14,679.04)

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

355.70

ARD Interest

0.00

Operating Advisor Fee

1,323.32

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

206.30

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,437,701.28

Total Fees

14,234.58

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

709,742.52

Reimbursement for Interest on Advances

36,603.12

Unscheduled Principal Collections

 

ASER Amount

27,340.55

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

(34,912.66)

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

3,887,629.39

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

4,597,371.91

Total Expenses/Reimbursements

29,031.01

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

75,992.67

Interest Distribution

3,394,435.72

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

4,597,371.91

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

75,992.67

Net SWAP Counterparty Payments Received

0.00

Borrower Option Extension Fees

0.00

 

 

Net SWAP Counterparty Payments Paid

0.00

Total Other Collected

75,992.67

Total Payments to Certificateholders and Others

8,067,800.30

Total Funds Collected

8,111,065.86

Total Funds Distributed

8,111,065.89

 

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Page 6 of 29

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

853,673,778.81

853,673,778.81

Beginning Certificate Balance

853,673,778.25

(-) Scheduled Principal Collections

709,742.52

709,742.52

(-) Principal Distributions

4,597,371.91

(-) Unscheduled Principal Collections

3,887,629.39

3,887,629.39

(-) 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

849,076,406.90

849,076,406.90

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

854,024,344.20

854,024,344.20

Ending Certificate Balance

849,076,406.34

Ending Actual Collateral Balance

849,458,557.31

849,458,557.31

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                Principal

    (WODRA) from Principal

Beginning UC / (OC)

(0.56)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.56)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.81%

 

 

 

 

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 29

 


 

 

                             

 

 

 

 

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

9

60,385,487.41

7.11%

35

5.0098

NAP

Defeased

9

60,385,487.41

7.11%

35

5.0098

NAP

 

10,000,000 or less

30

192,365,556.98

22.66%

35

4.9826

2.154176

1.40 or less

12

156,260,969.01

18.40%

35

5.0041

1.009916

10,000,001 to 20,000,000

15

197,616,692.59

23.27%

32

4.8662

1.670447

1.41 to 1.60

7

151,514,355.27

17.84%

34

4.9159

1.522091

20,000,001 to 30,000,000

4

102,461,977.16

12.07%

35

4.9380

1.640201

1.61 to 1.80

15

167,999,697.03

19.79%

35

5.0371

1.702655

30,000,001 to 40,000,000

7

255,046,692.76

30.04%

34

4.7135

1.759365

1.81 to 2.00

3

72,394,604.66

8.53%

35

4.6435

1.872733

40,000,001 to 55,000,000

1

41,200,000.00

4.85%

35

4.6320

1.471400

2.01 to 2.20

7

101,602,891.44

11.97%

29

4.6368

2.067511

 

55,000,001 or greater

0

0.00

0.00%

0

0.0000

0.000000

2.21 or greater

13

138,918,402.08

16.36%

35

4.5984

2.892217

 

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

(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 29

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

State³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

State

 

 

 

WAM²

WAC

 

State

 

 

 

WAM²

WAC

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Defeased

27

60,385,487.41

7.11%

35

5.0098

NAP

Utah

1

6,500,000.00

0.77%

34

4.7800

2.453100

Alabama

1

15,936,000.00

1.88%

34

4.3150

2.538800

Virginia

2

70,284,820.47

8.28%

35

4.7483

1.310633

Arizona

5

16,393,033.13

1.93%

34

4.5753

2.807075

Wisconsin

2

15,259,392.86

1.80%

35

4.6791

2.153972

California

12

144,567,648.55

17.03%

35

4.9351

1.986360

Totals

116

849,076,406.90

100.00%

34

4.8542

1.804178

Colorado

3

12,482,677.62

1.47%

35

4.7925

2.979481

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Connecticut

1

11,600,011.04

1.37%

35

4.4500

1.635600

 

 

 

 

 

 

 

Florida

11

113,286,858.60

13.34%

30

5.1712

1.918254

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Georgia

4

4,537,276.10

0.53%

34

4.5410

1.816000

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Illinois

6

58,171,449.01

6.85%

35

4.8226

1.393415

Defeased

27

60,385,487.41

7.11%

35

5.0098

NAP

Indiana

1

1,862,072.00

0.22%

34

4.5410

1.816000

Industrial

7

81,448,622.26

9.59%

34

4.6424

2.124028

Kansas

1

14,458,937.54

1.70%

35

5.0800

0.350000

Lodging

8

128,084,348.10

15.09%

35

5.1087

1.768801

Kentucky

1

5,279,821.94

0.62%

33

4.9800

1.255700

Mixed Use

8

51,164,916.10

6.03%

34

4.9731

1.340376

Massachusetts

1

13,999,431.30

1.65%

31

4.9200

1.560300

Mobile Home Park

1

5,000,000.00

0.59%

33

4.5500

4.199500

Michigan

2

6,508,380.08

0.77%

34

5.2881

1.443953

Multi-Family

4

69,771,667.86

8.22%

34

4.7002

2.111037

Minnesota

1

2,366,213.76

0.28%

34

4.5410

1.816000

Office

46

246,125,846.65

28.99%

33

4.7619

1.728058

Mississippi

1

570,024.90

0.07%

35

4.6100

1.675600

Retail

12

150,944,067.88

17.78%

35

5.0198

1.619704

Nevada

2

11,582,832.28

1.36%

34

4.5351

2.232928

Self Storage

3

16,151,450.61

1.90%

35

4.9011

2.617820

New Jersey

1

28,000,000.00

3.30%

35

4.6920

1.959800

Totals

116

849,076,406.90

100.00%

34

4.8542

1.804178

New York

7

49,281,498.43

5.80%

34

4.7336

1.740738

 

 

 

 

 

 

 

North Carolina

3

9,171,967.40

1.08%

34

5.0700

1.638805

 

 

 

 

 

 

 

Ohio

1

9,840,000.00

1.16%

34

4.3150

2.538800

 

 

 

 

 

 

 

Pennsylvania

3

67,484,242.97

7.95%

34

4.7879

1.631099

 

 

 

 

 

 

 

South Carolina

1

5,362,231.19

0.63%

35

5.2730

1.605200

 

 

 

 

 

 

 

Tennessee

3

3,403,100.82

0.40%

34

4.5750

1.746720

 

 

 

 

 

 

 

Texas

12

50,500,997.48

5.95%

35

5.0829

1.751209

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 29

 


 

 

                             

 

 

 

 

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

9

60,385,487.41

7.11%

35

5.0098

NAP

Defeased

9

60,385,487.41

7.11%

35

5.0098

NAP

 

4.4999% or less

8

135,550,011.04

15.96%

34

4.3164

2.403756

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.5000% to 4.9999%

25

353,470,540.74

41.63%

34

4.7328

1.750648

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0000% or greater

24

299,670,367.71

35.29%

33

5.2095

1.592637

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

49 months or greater

57

788,690,919.49

92.89%

34

4.8423

1.802858

 

 

 

 

 

 

 

 

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

(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 10 of 29

 


 

 

                             

 

 

 

 

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

9

60,385,487.41

7.11%

35

5.0098

NAP

Defeased

9

60,385,487.41

7.11%

35

5.0098

NAP

 

60 months or less

57

788,690,919.49

92.89%

34

4.8423

1.802858

Interest Only

25

429,806,332.02

50.62%

34

4.6754

2.005916

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

300 months or less

32

358,884,587.47

42.27%

33

5.0422

1.559672

 

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

301 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

(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 29

 


 

 

                             

 

 

 

 

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

9

60,385,487.41

7.11%

35

5.0098

NAP

60 months or less

0

0.00

0.00%

0

0.0000

0.000000

Underwriter's Information

4

72,008,919.02

8.48%

34

4.6071

1.857061

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

12 months or less

50

656,412,528.74

77.31%

35

4.8471

1.859500

Totals

0

0.00

0.00%

0

0.0000

0.000000

 

13 months to 24 months

3

60,269,471.73

7.10%

26

5.0710

1.121189

 

 

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

66

849,076,406.90

100.00%

34

4.8542

1.804178

 

 

 

 

 

 

 

(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 12 of 29

 


 

 

                               

 

 

 

 

 

 

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

300801771

Various      Various

Various

Actual/360

4.315%

143,833.33

0.00

0.00

N/A

05/01/28

--

40,000,000.00

40,000,000.00

07/01/25

1A

310831001

 

 

 

Actual/360

4.315%

143,833.33

0.00

0.00

N/A

05/01/28

--

40,000,000.00

40,000,000.00

07/01/25

3

453011906

MF

Philadelphia

PA

Actual/360

4.713%

137,456.67

0.00

0.00

N/A

05/01/28

--

35,000,000.00

35,000,000.00

07/01/25

4

310831004

OF

Various

Various

Actual/360

4.541%

123,079.62

3,887,629.39

0.00

N/A

05/01/28

--

36,403,961.41

32,516,332.02

07/01/25

5

695101011

OF

Richmond

VA

Actual/360

4.632%

159,032.00

0.00

0.00

06/06/28

06/06/29

--

41,200,000.00

41,200,000.00

07/06/25

6

1750427

RT

Chino Hills

CA

Actual/360

5.175%

172,500.00

0.00

0.00

N/A

06/01/28

--

40,000,000.00

40,000,000.00

07/01/25

7

304102264

OF

Westchester

IL

Actual/360

4.860%

142,976.81

68,342.44

0.00

N/A

06/06/28

--

35,302,915.88

35,234,573.44

05/06/25

8

695101004

LO

Key Largo

FL

Actual/360

5.144%

138,665.53

52,314.29

0.00

N/A

06/06/28

--

32,348,101.59

32,295,787.30

07/06/25

10

300801780

LO

Herndon

VA

Actual/360

4.913%

119,242.74

40,212.41

0.00

N/A

06/01/28

--

29,125,032.88

29,084,820.47

07/01/25

11

301741298

LO

Orlando

FL

Actual/360

5.201%

36,953.23

21,570.08

0.00

N/A

06/06/28

--

8,526,029.59

8,504,459.51

07/06/25

12

301741282

IN

Cherry Hill

NJ

Actual/360

4.692%

109,480.00

0.00

0.00

N/A

06/06/28

--

28,000,000.00

28,000,000.00

07/06/25

13

310831013

RT

Santa Maria

CA

Actual/360

5.120%

101,638.68

44,408.18

0.00

N/A

06/01/28

--

23,821,564.87

23,777,156.69

07/01/25

15

301741285

OF

Burbank

CA

Actual/360

5.090%

91,620.00

0.00

0.00

N/A

06/06/28

--

21,600,000.00

21,600,000.00

07/06/25

16

310831016

SS

Various

MI

Actual/360

4.490%

70,343.33

0.00

0.00

N/A

05/01/28

--

18,800,000.00

18,800,000.00

07/01/25

17

310831017

MH

Various

KY

Actual/360

5.620%

77,502.72

28,647.65

0.00

N/A

06/01/28

--

16,548,623.91

16,519,976.26

07/01/25

18

301831019

IN

Beverly

MA

Actual/360

4.920%

57,565.87

41,023.68

0.00

N/A

02/01/28

--

14,040,454.98

13,999,431.30

07/01/25

19

301741278

RT

Abington Township

PA

Actual/360

5.020%

70,489.17

0.00

0.00

N/A

06/06/28

--

16,850,000.00

16,850,000.00

07/06/25

20

695101014

OF

Various

FL

Actual/360

5.390%

63,153.23

25,189.58

0.00

N/A

06/06/25

--

14,060,087.87

14,034,898.29

10/06/24

21

301831021

RT

Wichita

KS

Actual/360

5.080%

61,303.15

22,121.96

0.00

N/A

06/01/28

--

14,481,059.50

14,458,937.54

07/01/25

22

301741286

OF

Boca Raton

FL

Actual/360

5.370%

63,282.15

22,065.93

0.00

N/A

06/06/28

--

14,141,262.73

14,119,196.80

07/06/25

23

301831023

OF

New York

NY

Actual/360

4.073%

50,912.50

0.00

0.00

06/01/28

06/01/29

--

15,000,000.00

15,000,000.00

07/01/25

24

301741274

MU

New York

NY

Actual/360

5.150%

62,229.17

0.00

0.00

N/A

05/06/28

--

14,500,000.00

14,500,000.00

07/06/25

25

1852647

LO

Buena Park

CA

Actual/360

4.520%

46,184.25

24,918.16

0.00

N/A

06/01/28

--

12,261,304.42

12,236,386.26

07/01/25

26

304102052

RT

Davie

FL

Actual/360

4.810%

47,705.09

23,206.36

0.00

N/A

06/06/28

--

11,901,479.00

11,878,272.64

07/06/25

27

310831027

OF

Various

Various

Actual/360

4.610%

46,350.06

17,548.59

0.00

N/A

06/01/28

--

12,065,091.49

12,047,542.90

07/01/25

28

1852540

MU

Greenwich

CT

Actual/360

4.450%

43,081.10

17,365.15

0.00

N/A

06/01/28

--

11,617,376.19

11,600,011.04

07/01/25

30

301741270

MU

New York

NY

Actual/360

5.340%

48,950.00

0.00

0.00

N/A

04/06/28

--

11,000,000.00

11,000,000.00

12/06/21

31

304102051

IN

Neenah

WI

Actual/360

4.740%

41,898.06

15,088.60

0.00

N/A

06/06/28

--

10,607,104.42

10,592,015.82

07/06/25

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 13 of 29

 


 

 

                               

 

 

 

 

 

 

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

32

1852411

MF

Delaware

OH

Actual/360

4.925%

41,217.90

15,732.56

0.00

N/A

06/01/28

--

10,042,940.77

10,027,208.21

07/01/25

33

301741266

OF

Los Angeles

CA

Actual/360

4.685%

40,212.92

0.00

0.00

N/A

04/06/28

--

10,300,000.00

10,300,000.00

07/06/25

34

1852278

RT

Santa Ana

CA

Actual/360

4.490%

37,416.67

0.00

0.00

N/A

07/01/28

--

10,000,000.00

10,000,000.00

07/01/25

35

300801785

LO

New Braunfels

TX

Actual/360

5.652%

42,273.52

15,462.70

0.00

N/A

06/01/28

--

8,975,269.32

8,959,806.62

07/01/25

36

300801784

LO

Harlingen

TX

Actual/360

5.623%

37,828.69

13,969.02

0.00

N/A

06/01/28

--

8,072,991.91

8,059,022.89

07/01/25

37

695101010

OF

Houston

TX

Actual/360

5.075%

33,842.83

13,530.95

0.00

N/A

06/06/28

--

8,002,245.34

7,988,714.39

07/06/25

38

1751515

MF

El Cajon

CA

Actual/360

4.335%

28,900.00

0.00

0.00

N/A

05/01/28

--

8,000,000.00

8,000,000.00

07/01/25

39

695101017

OF

Tallahassee

FL

Actual/360

5.103%

28,325.01

18,923.53

0.00

N/A

03/06/28

--

6,660,789.31

6,641,865.78

07/06/25

40

695101015

RT

Tulare

CA

Actual/360

5.085%

32,120.58

10,157.64

0.00

N/A

06/06/28

--

7,580,076.91

7,569,919.27

07/06/25

41

300801777

MF

Lisle

IL

Actual/360

5.220%

32,326.78

9,774.77

0.00

N/A

05/01/28

--

7,431,442.63

7,421,667.86

07/01/25

42

300801791

RT

Mesa

AZ

Actual/360

4.610%

28,774.08

0.00

0.00

N/A

06/01/28

--

7,490,000.00

7,490,000.00

07/01/25

43

695100991

LO

Mooresville

NC

Actual/360

5.270%

29,281.66

12,226.57

0.00

N/A

05/06/28

--

6,667,550.68

6,655,324.11

07/06/25

44

310831044

SS

Denver

CO

Actual/360

4.920%

30,545.00

0.00

0.00

N/A

06/01/28

--

7,450,000.00

7,450,000.00

07/01/25

45

695101012

Various     Stockton

CA

Actual/360

4.965%

27,352.46

10,289.34

0.00

N/A

06/06/28

--

6,610,866.31

6,600,576.97

07/06/25

46

301831046

IN

Hempstead

NY

Actual/360

4.350%

23,925.00

0.00

0.00

N/A

07/01/28

--

6,600,000.00

6,600,000.00

07/01/25

47

301741268

OF

Park City

UT

Actual/360

4.780%

25,891.67

0.00

0.00

05/06/28

05/06/38

--

6,500,000.00

6,500,000.00

07/06/25

48

300801754

LO

Lexington

KY

Actual/360

4.980%

21,953.52

10,182.48

0.00

N/A

04/01/28

--

5,290,004.42

5,279,821.94

07/01/25

49

1852240

IN

Chicago

IL

Actual/360

4.850%

22,026.52

8,685.14

0.00

N/A

05/01/28

--

5,449,860.28

5,441,175.14

07/01/25

50

300801786

RT

Easley

SC

Actual/360

5.273%

23,599.93

8,510.56

0.00

N/A

06/01/28

--

5,370,741.75

5,362,231.19

07/01/25

51

695100988

MU

Houston

TX

Actual/360

4.934%

19,917.51

9,386.23

0.00

N/A

04/06/28

--

4,844,145.79

4,834,759.56

07/06/25

52

695101000

MF

Various

IL

Actual/360

4.920%

22,140.00

0.00

0.00

N/A

06/06/28

--

5,400,000.00

5,400,000.00

07/06/25

53

695100995

RT

Farmington

MI

Actual/360

5.528%

22,178.42

6,868.48

0.00

N/A

05/06/28

--

4,814,419.03

4,807,550.55

07/06/25

54

301831054

MH

San Luis

AZ

Actual/360

4.550%

18,958.33

0.00

0.00

N/A

04/01/28

--

5,000,000.00

5,000,000.00

07/01/25

55

695100993

MU

Las Vegas

NV

Actual/360

4.903%

17,745.73

8,401.54

0.00

N/A

05/06/28

--

4,343,233.82

4,334,832.28

07/06/25

56

695101002

RT

Tallahassee

FL

Actual/360

4.745%

18,782.29

0.00

0.00

N/A

06/06/28

--

4,750,000.00

4,750,000.00

07/06/25

57

304102035

SS

Houston

TX

Actual/360

4.540%

17,781.67

0.00

0.00

N/A

05/06/28

--

4,700,000.00

4,700,000.00

07/06/25

58

695101016

SS

Houston

TX

Actual/360

5.290%

17,671.86

7,288.91

0.00

N/A

06/06/28

--

4,008,739.52

4,001,450.61

07/06/25

59

1852451

MF

Houston

TX

Actual/360

4.340%

15,732.50

0.00

0.00

N/A

05/01/28

--

4,350,000.00

4,350,000.00

07/01/25

 

 

 

 

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Page 14 of 29

 


 

 

                               

 

 

 

 

 

 

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

60

304102043

OF

Plantation

FL

Actual/360

5.420%

18,334.61

5,864.92

0.00

N/A

06/06/28

--

4,059,324.21

4,053,459.29

01/06/25

61

301831061

RT

Fort Collins

CO

Actual/360

4.620%

15,400.00

0.00

0.00

N/A

06/06/28

--

4,000,000.00

4,000,000.00

07/06/25

62

1852897

IN

Houston

TX

Actual/360

5.260%

12,545.66

4,868.27

0.00

N/A

06/01/28

--

2,862,128.53

2,857,260.26

07/01/25

63

1853020

SS

Fort Walton Beach

FL

Actual/360

4.920%

8,696.05

4,070.58

0.00

N/A

06/01/28

--

2,120,988.59

2,116,918.01

07/01/25

64

695100994

RT

Las Vegas

NV

Actual/360

4.903%

7,656.79

3,625.03

0.00

N/A

05/06/28

--

1,873,983.82

1,870,358.79

07/06/25

65

1852900

IN

Houston

TX

Actual/360

5.260%

6,914.05

2,682.96

0.00

N/A

06/01/28

--

1,577,350.83

1,574,667.87

07/01/25

66

1852899

IN

Houston

TX

Actual/360

5.260%

5,352.82

2,077.12

0.00

N/A

06/01/28

--

1,221,175.13

1,219,098.01

07/01/25

11A

301741299

 

 

 

Actual/360

5.201%

36,953.23

21,570.08

0.00

N/A

06/06/28

--

8,526,029.59

8,504,459.51

07/06/25

11B

301741300

 

 

 

Actual/360

5.201%

36,953.23

21,570.08

0.00

N/A

06/06/28

--

8,526,029.59

8,504,459.51

07/06/25

3A

453011907

 

 

 

Actual/360

4.713%

58,910.00

0.00

0.00

N/A

05/01/28

--

15,000,000.00

15,000,000.00

07/01/25

Totals

 

 

 

 

 

 

3,437,701.28

4,597,371.91

0.00

 

 

 

853,673,778.81

849,076,406.90

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 15 of 29

 


 

 

                           

 

 

 

 

 

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

28,397,384.49

7,164,045.69

01/01/25

03/31/25

--

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

 

 

3

8,391,439.61

2,174,204.88

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

12,112,692.00

11,495,389.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

3,322,175.65

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

9,166,812.70

2,223,732.58

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

10,443,656.27

8,188,545.85

07/01/23

06/30/24

--

0.00

0.00

210,902.38

422,339.13

0.00

0.00

 

 

8

11,907,811.68

12,067,223.72

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

2,515,391.53

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

12,465,130.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

3,211,938.30

720,605.93

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,517,081.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

2,360,400.21

649,855.57

01/01/25

03/31/25

--

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

Full Defeasance

 

17

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

18

6,033,884.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

1,811,812.30

386,033.14

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

2,234,114.76

1,208,807.77

01/01/24

06/30/24

06/11/25

3,520,766.42

32,125.52

72,377.34

737,233.41

5,771.43

0.00

 

 

21

467,859.17

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

2,230,371.81

469,543.68

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

20,985,676.17

5,332,742.74

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,359,329.86

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

3,381,603.35

3,278,781.57

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,387,818.20

403,062.41

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

997,883.00

1,307,613.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

1,158,781.45

317,006.02

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

1,746,602.00

0.00

--

--

01/13/25

1,565,890.50

311,061.60

41,858.42

1,947,288.44

0.00

0.00

 

 

31

1,595,529.40

429,086.37

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 16 of 29

 


 

 

                           

 

 

 

 

 

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

 

32

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

33

604,664.40

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

851,704.64

504,057.71

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

1,346,990.08

1,294,929.13

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

1,369,685.95

1,113,112.02

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

907,434.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

2,060,843.63

480,074.59

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

5,482,145.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

976,096.76

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

988,150.12

284,186.04

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

856,247.33

219,650.45

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

883,100.30

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

952,115.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

45

715,807.00

182,872.97

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

1,044,064.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

47

761,983.30

388,364.04

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

48

592,656.72

566,019.96

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

559,293.10

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

627,904.48

163,515.94

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

478,944.07

123,268.52

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

53

573,644.48

132,590.68

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

936,146.00

739,261.54

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

712,999.63

142,010.97

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

56

659,169.68

187,405.26

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

57

669,855.24

188,211.98

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

58

507,265.20

133,522.55

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

59

352,218.34

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 17 of 29

 


 

 

                           

 

 

 

 

 

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

 

60

212,845.52

0.00

--

--

07/11/25

1,014,831.05

4,579.42

19,572.18

140,515.36

20,004.63

0.00

 

 

61

800,494.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

62

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

63

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

64

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

65

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

66

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

11A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11B

0.00

0.00

--

--

--

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

 

 

Totals

179,687,647.23

64,659,334.27

 

 

 

6,101,487.97

347,766.54

344,710.32

3,247,376.34

25,776.06

0.00

 

 

 

 

 

 

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Page 18 of 29

 


 

 

           

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

4

310831004

3,887,629.39

Curtailment w/ yield maintenance

0.00

75,992.67

Totals

 

3,887,629.39

 

0.00

75,992.67

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 19 of 29

 


 

 

                                         

 

 

 

 

 

 

 

 

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

1

35,234,573.44

0

0.00

2

15,053,459.29

1

11,000,000.00

0

0.00

0

0.00

 

1

3,887,629.39

0

0.00

4.854225%

4.815294%

34

06/17/25

1

35,302,915.88

0

0.00

2

15,059,324.21

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

1

23,994,872.80

4.852974%

4.814098%

35

05/16/25

0

0.00

0

0.00

4

53,170,713.33

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.870553%

4.825503%

35

04/17/25

0

0.00

1

4,070,368.60

3

49,162,873.54

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.870731%

4.826823%

36

03/17/25

1

4,075,546.65

0

0.00

3

49,213,568.96

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.870892%

4.826971%

37

02/18/25

0

0.00

1

24,121,564.13

2

25,159,778.06

1

11,000,000.00

0

0.00

0

0.00

 

1

7,586,635.88

0

0.00

4.871100%

4.827161%

38

01/17/25

1

24,149,189.28

1

14,182,295.32

1

11,000,000.00

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.868440%

4.824659%

39

12/17/24

1

14,204,708.55

0

0.00

2

35,176,684.44

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.868599%

4.828797%

40

11/18/24

0

0.00

1

24,207,724.54

1

11,000,000.00

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.868772%

4.828959%

41

10/18/24

1

24,234,944.28

0

0.00

1

11,000,000.00

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.868929%

4.835907%

42

09/17/24

0

0.00

0

0.00

1

11,000,000.00

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.869101%

4.836071%

43

08/16/24

0

0.00

0

0.00

1

11,000,000.00

1

11,000,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.869255%

4.846291%

44

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 20 of 29

 


 

 

                               

 

 

 

 

 

 

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

7

304102264

05/06/25

1

1

 

210,902.38

422,339.13

0.00

35,366,227.47

09/10/24

2

 

 

 

 

20

695101014

10/06/24

8

5

 

72,377.34

737,233.41

5,771.43

14,251,335.63

01/13/25

13

 

 

 

 

30

301741270

12/06/21

42

6

 

41,858.42

1,947,288.44

0.00

11,000,000.00

12/17/20

2

 

 

12/02/23

 

60

304102043

01/06/25

5

6

 

19,572.18

140,515.36

20,004.63

4,087,657.54

04/16/25

13

 

 

 

 

Totals

 

 

 

 

 

344,710.32

3,247,376.34

25,776.06

64,705,220.64

 

 

 

 

 

 

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 21 of 29

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

      Total

       Performing

Non-Performing

           REO/Foreclosure

 

 

Past Maturity

 

14,034,898

0

        14,034,898

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

772,341,509

722,053,476

        39,288,033

11,000,000

 

37 - 48 Months

 

56,200,000

56,200,000

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

6,500,000

6,500,000

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

    60-89 Days

90+ Days

   REO/Foreclosure

 

 

Jul-25

849,076,407

784,753,476

35,234,573

0

18,088,358

11,000,000

 

Jun-25

853,673,779

789,251,451

35,302,916

0

18,119,412

11,000,000

 

May-25

878,348,090

825,177,377

0

0

42,170,713

11,000,000

 

Apr-25

879,083,853

825,850,610

0

4,070,369

38,162,874

11,000,000

 

Mar-25

879,757,124

826,468,009

4,075,547

0

38,213,569

11,000,000

 

Feb-25

880,605,957

831,324,615

0

24,121,564

14,159,778

11,000,000

 

Jan-25

888,859,230

839,527,745

24,149,189

14,182,295

0

 

11,000,000

 

Dec-24

889,522,963

840,141,570

14,204,709

0

24,176,684

11,000,000

 

Nov-24

890,243,591

855,035,866

0

24,207,725

0

 

11,000,000

 

Oct-24

890,901,292

855,666,347

24,234,944

0

0

 

11,000,000

 

Sep-24

891,616,107

880,616,107

0

0

0

 

11,000,000

 

Aug-24

892,267,828

881,267,828

0

0

0

 

11,000,000

 

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

 

 

 

 

 

 

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Page 22 of 29

 


 

 

                     

 

 

 

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

7

304102264

35,234,573.44

35,366,227.47

136,000,000.00

04/13/18

6,198,503.85

0.98760

06/30/24

06/06/28

274

20

695101014

14,034,898.29

14,251,335.63

27,800,000.00

--

1,130,106.27

2.13200

06/30/24

06/06/25

274

30

301741270

11,000,000.00

11,000,000.00

50,700,000.00

11/26/24

1,732,430.00

0.25940

12/31/23

04/06/28

I/O

60

304102043

4,053,459.29

4,087,657.54

6,500,000.00

04/24/18

152,748.52

0.52600

12/31/24

06/06/28

275

Totals

 

64,322,931.02

64,705,220.64

221,000,000.00

 

9,213,788.64

 

 

 

 

 

 

 

 

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Page 23 of 29

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

7

304102264

OF

IL

09/10/24

2

 

 

 

 

The loan transferred to Special Servicing effective 9/10/2024 for imminent non-monetary default. The subject is a 1,156,393 SF suburban office complex comprised of five office buildings located in Westchester, IL, built in 1986 and renovated in

 

2016. As o f June 2025, the subject is 56.9% leased, down from 64.9% leased in Feb-2025. This is compared to YE 2024 and YE 2023 leased occupancies of 61.8% and 67.1%, respectively. The decrease in occupancy from February is due to

 

the Property's second largest tena nt signing an amendment to reduce their footprint by nearly 65%, while extending the term on their remaining premises by 7.5 years. A site inspection was completed in November 2024 and reported the

 

Property is in good condition with no observed material d eferred maintenance. One of three pari passu loans. The SS is commencing the exercise of remedies to include receivership and foreclosure following a monetary default.

20

695101014

OF

FL

01/13/25

13

 

 

 

 

The Loan was transferred to the Special Servicer on 1/21/2025 due to Delinquent Payments. The Loan is next due for 11/6/2024 payment. The collateral consists of a portfolio of three, Class B, suburban office buildings totaling 128,563 SF,

 

located in Lake Worth, West Palm Beach and Stuart (the 'Property'). As of 01/2025, the Property reported 79.8% occupancy and a YE 2024 NOI/DSCR of $2.9MM/2.75x. The Borrower was working with a third-party buyer on a potential sale of

 

the Property but was not able to tran sact. Lender will continue discussions with the Borrower while simultaneously reserving all rights under the Loan Documents. A foreclosure complaint was filed by Lender's counsel.

 

30

301741270

MU

NY

12/17/20

2

 

 

 

 

The Loan transferred on 12/17/2020 due to payment default stemming from the COVID-19 pandemic. Lender has performed a books and records inspection and is pursuing a foreclosure strategy. A receivership hearing occurred on 11/22/2022

 

and the order appointi ng a receiver was entered by court on 1/25/2023. Borrower filed a notice of appeal regarding the receivership order. Special Servicer filed a pre-motion conference request to obtain leave to file for summary judgment.

 

Motion for summary judgment has been filed and fully briefed. On May 25, 2023, lender's motion for summary judgment was granted. Proposed computation of amounts due was fully briefed. Special Servicer awaits the court's adjudication and

 

continues to pursue a foreclosure strategy. Litigation remains ongoing.

 

 

 

60

304102043

OF

FL

04/16/25

13

 

 

 

 

The Loan transferred to SS on 4/16/25 as the loan is 60+ days delinquent. The collateral consists of 2 non-adjacent medical office buildings totaling 34,386 sf located ~30 miles NW of downtown Miami and ~15 miles west of Fort Lauderdale.

 

Collateral is loc ated within two miles of Westside Regional Medical Center (224 beds) and four miles from Plantation General Hospital (264 beds). 7390 Plantation is a 14,713 SF property, it is currently 91% occupied as of Feb 2025. 7500

 

Plantation is a 20,112 SF property, it is currently 74% occupied as of Feb 2025. The Borrower does not intend on funding any shortfalls going forward. The Lender will dual track foreclosure proceedings with Borrower discussions. The Property

 

is being marketing for sale by the Borrower.

 

 

 

 

 

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 24 of 29

 


 

 

                   

 

 

 

 

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

6

1750427

0.00

5.17500%

0.00

5.17500%

8

06/01/20

06/01/20

--

6

1750427

0.00

5.17500%

0.00

5.17500%

8

10/29/20

06/01/20

07/11/20

8

695101004

34,959,053.51

5.14400%

34,959,053.51

5.14400%

10

07/01/20

05/06/20

08/11/20

10

300801780

30,000,000.00

4.91300%

30,000,000.00

4.91300%

10

07/21/20

08/06/20

08/11/20

21

301831021

0.00

5.08000%

0.00

5.08000%

10

08/13/20

08/01/20

09/11/20

28

1852540

12,000,000.00

4.45000%

12,000,000.00

4.45000%

10

05/28/20

06/01/20

06/11/20

43

695100991

7,278,291.49

5.27000%

7,278,291.49

5.27000%

10

07/21/20

07/06/20

08/11/20

48

300801754

5,804,093.85

4.98000%

5,804,093.85

4.98000%

10

07/16/20

08/01/20

08/11/20

Totals

 

90,041,438.85

 

90,041,438.85

 

 

 

 

 

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 25 of 29

 


 

 

                         

 

 

 

 

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

14

695101013                06/17/25

24,023,094.06

42,000,000.00

26,073,672.60

2,050,578.54

26,073,672.60

24,023,094.06

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

24,023,094.06

42,000,000.00

26,073,672.60

2,050,578.54

26,073,672.60

24,023,094.06

0.00

0.00

0.00

0.00

 

 

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

 

 

 

 

 

 

 

 

 

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Page 26 of 29

 


 

 

                       

 

 

 

 

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

14

695101013

06/17/25

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

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

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Page 27 of 29

 


 

 

                         

 

 

 

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)

7

0.00

0.00

(44,204.33)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

20

0.00

0.00

3,500.00

0.00

0.00

15,799.44

0.00

0.00

0.00

0.00

0.00

0.00

30

0.00

0.00

2,291.67

0.00

0.00

6,961.69

0.00

0.00

36,603.12

0.00

0.00

0.00

60

0.00

0.00

3,500.00

0.00

0.00

4,579.42

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

(34,912.66)

0.00

0.00

27,340.55

0.00

0.00

36,603.12

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

29,031.01

 

 

 

 

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Page 28 of 29

 


 

 

   

Supplemental Notes

 

Risk Retention

 

Pursuant to the PSA and the Credit Risk Retention Agreement, the Certificate Administrator has made available on www.ctslink.com <http://www.ctslink.com>, specifically under the "Risk Retention SpecialNotices" tab for the MSC 2018-H3 transaction, certain

information provided to the Certificate Administrator regarding the Retaining Sponsor's compliance with the Retention Covenant. Investors should referto the Certificate Administrator's website for all such information.

 

 

 

 

 

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Page 29 of 29