EX-99.1 2 cdd18cd7_ex991-202509.htm cdd18cd7_ex991-202509.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

09/17/25

CD 2018-CD7 Mortgage Trust

Determination Date:

09/11/25

 

Next Distribution Date:

10/20/25

 

Record Date:

08/29/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2018-CD7

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Deutsche Mortgage & Asset Receiving Corporation

 

 

Certificate Factor Detail

3

 

Lainie Kaye

 

cmbs.requests@db.com

Certificate Interest Reconciliation Detail

4

 

1 Columbus Circle | New York, NY 10019 | United States

 

 

 

 

Master Servicer

KeyBank National Association

 

 

Additional Information

5

 

 

 

 

 

 

 

www.key.com/key2cre

 

Surveillance_Inquiries@KeyBank.com

Bond / Collateral Reconciliation - Cash Flows

6

 

 

 

 

 

 

 

11501 Outlook Street, Suite 300 | Overland Park , KS 66211 | 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

 

 

 

 

 

 

 

CMBS Notices

 

cmbs.notices@parkbridgefinancial.com

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

Directing Holder

RREF III-D AIV RR H, LLC

 

 

Historical Liquidated Loan Detail

24

 

-

 

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

 

 

 

Interest Shortfall Detail - Collateral Level

26

 

 

 

 

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

12512JAR5

3.282000%

15,321,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

12512JAS3

3.494000%

5,757,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-SB

12512JAT1

4.213000%

32,486,000.00

19,021,643.24

546,030.28

66,781.82

0.00

0.00

612,812.10

18,475,612.96

31.85%

30.00%

A-3

12512JAV6

4.013000%

200,000,000.00

193,438,808.23

0.00

646,891.61

0.00

0.00

646,891.61

193,438,808.23

31.85%

30.00%

A-4

12512JAW4

4.279000%

248,645,000.00

248,645,000.00

0.00

886,626.63

0.00

0.00

886,626.63

248,645,000.00

31.85%

30.00%

A-M

12512JAY0

4.510000%

60,086,000.00

60,086,000.00

0.00

225,823.22

0.00

0.00

225,823.22

60,086,000.00

22.96%

21.63%

B

12512JAZ7

4.659000%

31,388,000.00

31,388,000.00

0.00

121,863.91

0.00

0.00

121,863.91

31,388,000.00

18.31%

17.25%

C

12512JBA1

5.000598%

33,182,000.00

33,182,000.00

0.00

138,274.88

0.00

0.00

138,274.88

33,182,000.00

13.40%

12.63%

D

12512JAE4

3.250598%

20,444,000.00

20,444,000.00

0.00

55,379.36

0.00

0.00

55,379.36

20,444,000.00

10.38%

9.78%

E-RR

12512JAG9

5.000598%

15,428,000.00

15,428,000.00

0.00

64,291.03

0.00

0.00

64,291.03

15,428,000.00

8.10%

7.63%

F-RR

12512JAJ3

5.000598%

17,039,000.00

17,039,000.00

0.00

71,004.33

0.00

0.00

71,004.33

17,039,000.00

5.57%

5.25%

G-RR

12512JAL8

5.000598%

7,175,000.00

7,175,000.00

0.00

29,899.41

0.00

0.00

29,899.41

7,175,000.00

4.51%

4.25%

H-RR*

12512JAN4

5.000598%

30,491,712.00

30,491,712.00

0.00

66,170.50

0.00

0.00

66,170.50

30,491,712.00

0.00%

0.00%

R

12512JAQ7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

717,442,712.00

676,339,163.47

546,030.28

2,373,006.70

0.00

0.00

2,919,036.98

675,793,133.19

 

 

 

 

X-A

12512JAX2

0.796101%

562,295,000.00

521,191,451.47

0.00

345,767.65

0.00

0.00

345,767.65

520,645,421.19

 

 

X-B

12512JAA2

0.166054%

64,570,000.00

64,570,000.00

0.00

8,935.07

0.00

0.00

8,935.07

64,570,000.00

 

 

X-D

12512JAC8

1.750000%

20,444,000.00

20,444,000.00

0.00

29,814.17

0.00

0.00

29,814.17

20,444,000.00

 

 

Notional SubTotal

 

647,309,000.00

606,205,451.47

0.00

384,516.89

0.00

0.00

384,516.89

605,659,421.19

 

 

 

Deal Distribution Total

 

 

 

546,030.28

2,757,523.59

0.00

0.00

3,303,553.87

 

 

 

 

*

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

12512JAR5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

12512JAS3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

12512JAT1

585.53356030

16.80817214

2.05571077

0.00000000

0.00000000

0.00000000

0.00000000

18.86388290

568.72538817

A-3

12512JAV6

967.19404115

0.00000000

3.23445805

0.00000000

0.00000000

0.00000000

0.00000000

3.23445805

967.19404115

A-4

12512JAW4

1,000.00000000

0.00000000

3.56583334

0.00000000

0.00000000

0.00000000

0.00000000

3.56583334

1,000.00000000

A-M

12512JAY0

1,000.00000000

0.00000000

3.75833339

0.00000000

0.00000000

0.00000000

0.00000000

3.75833339

1,000.00000000

B

12512JAZ7

1,000.00000000

0.00000000

3.88250000

0.00000000

0.00000000

0.00000000

0.00000000

3.88250000

1,000.00000000

C

12512JBA1

1,000.00000000

0.00000000

4.16716533

0.00000000

0.00000000

0.00000000

0.00000000

4.16716533

1,000.00000000

D

12512JAE4

1,000.00000000

0.00000000

2.70883193

0.00000000

0.00000000

0.00000000

0.00000000

2.70883193

1,000.00000000

E-RR

12512JAG9

1,000.00000000

0.00000000

4.16716554

0.00000000

0.00000000

0.00000000

0.00000000

4.16716554

1,000.00000000

F-RR

12512JAJ3

1,000.00000000

0.00000000

4.16716533

0.00000000

0.00000000

0.00000000

0.00000000

4.16716533

1,000.00000000

G-RR

12512JAL8

1,000.00000000

0.00000000

4.16716516

0.00000000

0.00000000

0.00000000

0.00000000

4.16716516

1,000.00000000

H-RR

12512JAN4

1,000.00000000

0.00000000

2.17011429

1.99705120

62.47659692

0.00000000

0.00000000

2.17011429

1,000.00000000

R

12512JAQ7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

12512JAX2

926.90038409

0.00000000

0.61492215

0.00000000

0.00000000

0.00000000

0.00000000

0.61492215

925.92930969

X-B

12512JAA2

1,000.00000000

0.00000000

0.13837804

0.00000000

0.00000000

0.00000000

0.00000000

0.13837804

1,000.00000000

X-D

12512JAC8

1,000.00000000

0.00000000

1.45833350

0.00000000

0.00000000

0.00000000

0.00000000

1.45833350

1,000.00000000

 

 

 

 

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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-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

08/01/25 - 08/30/25

30

0.00

66,781.82

0.00

66,781.82

0.00

0.00

0.00

66,781.82

0.00

 

A-3

08/01/25 - 08/30/25

30

0.00

646,891.61

0.00

646,891.61

0.00

0.00

0.00

646,891.61

0.00

 

A-4

08/01/25 - 08/30/25

30

0.00

886,626.63

0.00

886,626.63

0.00

0.00

0.00

886,626.63

0.00

 

X-A

08/01/25 - 08/30/25

30

0.00

345,767.65

0.00

345,767.65

0.00

0.00

0.00

345,767.65

0.00

 

X-B

08/01/25 - 08/30/25

30

0.00

8,935.07

0.00

8,935.07

0.00

0.00

0.00

8,935.07

0.00

 

X-D

08/01/25 - 08/30/25

30

0.00

29,814.17

0.00

29,814.17

0.00

0.00

0.00

29,814.17

0.00

 

A-M

08/01/25 - 08/30/25

30

0.00

225,823.22

0.00

225,823.22

0.00

0.00

0.00

225,823.22

0.00

 

B

08/01/25 - 08/30/25

30

0.00

121,863.91

0.00

121,863.91

0.00

0.00

0.00

121,863.91

0.00

 

C

08/01/25 - 08/30/25

30

0.00

138,274.88

0.00

138,274.88

0.00

0.00

0.00

138,274.88

0.00

 

D

08/01/25 - 08/30/25

30

0.00

55,379.36

0.00

55,379.36

0.00

0.00

0.00

55,379.36

0.00

 

E-RR

08/01/25 - 08/30/25

30

0.00

64,291.03

0.00

64,291.03

0.00

0.00

0.00

64,291.03

0.00

 

F-RR

08/01/25 - 08/30/25

30

0.00

71,004.33

0.00

71,004.33

0.00

0.00

0.00

71,004.33

0.00

 

G-RR

08/01/25 - 08/30/25

30

0.00

29,899.41

0.00

29,899.41

0.00

0.00

0.00

29,899.41

0.00

 

H-RR

08/01/25 - 08/30/25

30

1,844,124.89

127,064.00

0.00

127,064.00

60,893.51

0.00

0.00

66,170.50

1,905,018.40

 

Totals

 

 

1,844,124.89

2,818,417.09

0.00

2,818,417.09

60,893.51

0.00

0.00

2,757,523.59

1,905,018.40

 

 

 

 

 

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Page 4 of 27

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

3,303,553.87

 

(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

2,834,345.10

Master Servicing Fee

7,974.04

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,684.25

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

291.20

ARD Interest

0.00

Operating Advisor Fee

1,978.51

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

0.00

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

2,834,345.10

Total Fees

15,928.01

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

546,030.28

Reimbursement for Interest on Advances

687.65

Unscheduled Principal Collections

 

ASER Amount

34,454.62

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

22,760.42

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)

2,990.82

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

546,030.28

Total Expenses/Reimbursements

60,893.51

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,757,523.59

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

546,030.28

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

3,303,553.87

Total Funds Collected

3,380,375.38

Total Funds Distributed

3,380,375.39

 

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Page 6 of 27

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

676,339,163.71

676,339,163.71

Beginning Certificate Balance

676,339,163.47

(-) Scheduled Principal Collections

546,030.28

546,030.28

(-) Principal Distributions

546,030.28

(-) 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

675,793,133.43

675,793,133.43

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

676,380,527.20

676,380,527.20

Ending Certificate Balance

675,793,133.19

Ending Actual Collateral Balance

675,839,759.08

675,839,759.08

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                      Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.24)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.24)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

5.00%

 

 

 

 

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

7

72,009,954.01

10.66%

34

5.0833

NAP

Defeased

7

72,009,954.01

10.66%

34

5.0833

NAP

 

7,499,999 or less

8

36,374,619.85

5.38%

34

5.0490

2.548835

1.44 or less

7

134,882,195.86

19.96%

34

4.7452

0.968113

7,500,000 to 14,999,999

12

131,480,899.66

19.46%

34

5.1470

1.742903

1.45 to 1.49

1

18,747,865.14

2.77%

33

5.1760

1.480000

15,000,000 to 24,999,999

3

64,106,014.05

9.49%

34

4.6849

1.990343

1.5 to 1.74

6

147,793,625.21

21.87%

34

5.0255

1.574428

25,000,000 to 49,999,999

8

261,321,645.86

38.67%

34

4.8245

1.499017

1.75 to 1.99

3

53,066,581.53

7.85%

34

5.1618

1.861624

 

50,000,000 or greater

2

110,500,000.00

16.35%

34

4.5366

2.003801

2.0 to 2.49

10

225,487,591.52

33.37%

34

4.6592

2.224540

 

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

2.5 to 3.49

6

23,805,320.16

3.52%

35

4.9749

2.990722

 

 

 

 

 

 

 

 

3.5 or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

(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

11

72,009,954.01

10.66%

34

5.0833

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

11

72,009,954.01

10.66%

34

5.0833

NAP

Alabama

2

21,179,067.93

3.13%

34

4.4500

2.100000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

6

32,830,000.00

4.86%

34

5.0050

2.020000

Arizona

3

13,992,401.80

2.07%

35

5.0580

3.126270

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

10

89,497,841.85

13.24%

34

4.9926

2.066087

California

1

9,711,602.05

1.44%

33

5.1200

1.560000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

1

3,280,724.93

0.49%

34

5.1460

2.630000

Florida

4

107,173,289.21

15.86%

34

4.5593

2.186621

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

21

111,409,948.99

16.49%

33

4.6337

1.186014

Georgia

1

6,117,044.56

0.91%

34

5.2200

1.060000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

7

184,772,172.02

27.34%

34

5.0419

1.733912

Indiana

1

3,810,000.00

0.56%

34

5.0050

2.020000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

1

25,300,000.00

3.74%

35

4.5530

1.340000

Massachusetts

1

18,747,865.14

2.77%

33

5.1760

1.480000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

7

130,242,661.15

19.27%

34

4.5620

2.031975

Michigan

8

56,205,887.77

8.32%

34

5.0249

2.183453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

4

26,449,830.47

3.91%

35

5.2000

1.954283

Mississippi

1

11,434,656.63

1.69%

34

5.2840

1.200000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

68

675,793,133.43

100.00%

34

4.8666

1.747732

New Jersey

2

60,300,000.00

8.92%

33

4.9970

1.444478

 

 

 

 

 

 

 

 

New York

20

97,259,999.97

14.39%

33

4.6319

1.044008

 

 

 

 

 

 

 

 

North Carolina

2

8,833,317.39

1.31%

31

5.7395

0.740000

 

 

 

 

 

 

 

 

Ohio

1

8,900,000.00

1.32%

34

5.0050

2.020000

 

 

 

 

 

 

 

 

Pennsylvania

2

40,491,878.97

5.99%

35

4.7497

1.634978

 

 

 

 

 

 

 

 

South Dakota

1

2,810,000.00

0.42%

34

5.0050

2.020000

 

 

 

 

 

 

 

 

Tennessee

1

6,200,000.00

0.92%

34

5.0050

2.020000

 

 

 

 

 

 

 

 

Texas

3

23,237,087.01

3.44%

35

5.0544

1.558467

 

 

 

 

 

 

 

 

Virginia

2

74,679,080.98

11.05%

34

4.8616

1.850453

 

 

 

 

 

 

 

 

Washington

1

32,700,000.00

4.84%

35

5.0000

2.280000

 

 

 

 

 

 

 

 

Totals

68

675,793,133.43

100.00%

34

4.8666

1.747732

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

7

72,009,954.01

10.66%

34

5.0833

NAP

Defeased

7

72,009,954.01

10.66%

34

5.0833

NAP

 

3.9999% or less

1

42,000,000.00

6.21%

33

3.9012

1.150000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.0000% to 4.2499%

1

60,000,000.00

8.88%

34

4.1212

2.310000

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.2500% to 4.4999%

2

24,528,833.45

3.63%

34

4.4363

2.214714

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.5000% to 4.7499%

3

83,370,959.95

12.34%

35

4.6003

1.704951

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.7500% to 4.9999%

4

39,013,048.65

5.77%

34

4.8201

2.181855

49 months or greater

33

603,783,179.42

89.34%

34

4.8407

1.759920

 

5.0000% or greater

22

354,870,337.37

52.51%

34

5.1603

1.674193

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

 

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

 

 

 

 

 

 

 

(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

7

72,009,954.01

10.66%

34

5.0833

NAP

Defeased

7

72,009,954.01

10.66%

34

5.0833

NAP

 

60 months or less

33

603,783,179.42

89.34%

34

4.8407

1.759920

Interest Only

11

334,110,000.00

49.44%

34

4.7385

1.667914

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

60 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

61 months or greater

22

269,673,179.42

39.90%

34

4.9674

1.873910

 

 

 

 

 

 

 

 

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

(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

7

72,009,954.01

10.66%

34

5.0833

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

30

511,571,577.37

75.70%

34

4.7941

1.863121

 

 

 

 

 

 

13 months to 24 months

2

60,211,602.05

8.91%

34

5.0445

1.627097

 

 

 

 

 

 

25 months or greater

1

32,000,000.00

4.74%

33

5.2030

0.360000

 

 

 

 

 

 

Totals

40

675,793,133.43

100.00%

34

4.8666

1.747732

 

 

 

 

 

(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

Loan Group          Type

   City

State

Type

Rate

Interest

Principal

Adjustments             Repay Date

Date

Date

Balance

Balance

Date

1

10193154

1

RT

Aventura

FL

Actual/360

4.121%

212,931.25

0.00

0.00

N/A

07/01/28

--

60,000,000.00

60,000,000.00

09/01/25

2

10193155

1

OF

Richmond

VA

Actual/360

5.030%

218,735.14

0.00

0.00

N/A

07/01/28

--

50,500,000.00

50,500,000.00

09/01/25

3

10193157

1

MF

New York

NY

Actual/360

3.901%

141,093.04

0.00

0.00

N/A

06/06/28

--

42,000,000.00

42,000,000.00

09/06/25

4

10193159

1

OF

Madison

NJ

Actual/360

5.318%

160,278.61

0.00

0.00

N/A

05/06/28

--

35,000,000.00

35,000,000.00

09/06/25

5

10193162

1

OF

Canonsburg

PA

Actual/360

4.700%

137,346.76

44,176.48

0.00

N/A

08/06/28

--

33,936,055.45

33,891,878.97

09/06/25

6

10193164

1

IN

Various

Various

Actual/360

5.005%

141,492.74

0.00

0.00

N/A

07/06/28

--

32,830,000.00

32,830,000.00

09/06/25

7

10193165

1

OF

Tacoma

WA

Actual/360

5.000%

140,791.67

0.00

0.00

N/A

08/06/28

--

32,700,000.00

32,700,000.00

09/06/25

8

10193166

1

MF

New York

NY

Actual/360

5.203%

143,371.56

0.00

0.00

N/A

06/01/28

--

32,000,000.00

32,000,000.00

03/01/21

9

10193167

1

LO

Key Largo

FL

Actual/360

5.144%

122,437.46

41,259.52

0.00

N/A

06/06/28

--

27,641,026.41

27,599,766.89

09/06/25

10

10193168

1

LO

Various

AL

Actual/360

4.450%

81,532.56

98,004.22

0.00

N/A

07/06/28

--

21,277,072.15

21,179,067.93

09/06/25

11

10193169

1

98

Teterboro

NJ

Actual/360

4.553%

99,192.16

0.00

0.00

N/A

08/06/28

--

25,300,000.00

25,300,000.00

09/06/25

12

10193170

1

RT

Centreville

VA

Actual/360

4.510%

94,029.49

32,790.43

0.00

N/A

08/06/28

--

24,211,871.41

24,179,080.98

09/06/25

13

10193171

1

MF

Petoskey

MI

Actual/360

5.180%

105,594.63

27,950.15

0.00

N/A

07/06/28

--

23,672,978.16

23,645,028.01

09/06/25

14

10193172

1

OF

Lawrence

MA

Actual/360

5.176%

83,676.53

25,849.32

0.00

N/A

06/06/28

--

18,773,714.46

18,747,865.14

09/06/25

15

10193173

1

SS

Various

MI

Actual/360

5.200%

65,987.95

19,947.90

0.00

N/A

08/06/28

--

14,736,762.54

14,716,814.64

09/06/25

16

10193174

1

LO

Homestead

FL

Actual/360

5.037%

56,992.56

18,479.37

0.00

N/A

07/06/28

--

13,139,746.56

13,121,267.19

09/06/25

17

10193175

1

RT

New Braunfels

TX

Actual/360

4.810%

44,381.75

25,052.37

0.00

N/A

07/06/28

--

10,715,196.56

10,690,144.19

09/06/25

18

10193176

1

RT

Biloxi

MS

Actual/360

5.284%

52,107.14

17,181.79

0.00

N/A

07/06/28

--

11,451,838.42

11,434,656.63

09/06/25

19

10193177

1

MF

Canton Township

MI

Actual/360

4.800%

50,062.77

15,520.40

0.00

N/A

07/06/28

--

12,111,960.16

12,096,439.76

09/06/25

20

10193178

1

SS

Various

MI

Actual/360

5.200%

52,609.05

15,903.51

0.00

N/A

08/06/28

--

11,748,919.34

11,733,015.83

09/06/25

21

10193179

1

MF

Woodhaven

MI

Actual/360

4.800%

46,338.10

14,365.68

0.00

N/A

07/06/28

--

11,210,830.38

11,196,464.70

09/06/25

22

10193180

1

RT

Rohnert Park

CA

Actual/360

5.120%

42,892.18

16,967.55

0.00

N/A

06/06/28

--

9,728,569.60

9,711,602.05

07/06/25

23

10193181

1

OF

Long Island City

NY

Actual/360

5.155%

47,719.55

0.00

0.00

N/A

07/06/28

--

10,750,000.00

10,750,000.00

09/06/25

24

10193182

1

MF

Various

IL

Actual/360

4.807%

44,291.16

0.00

0.00

N/A

07/06/28

--

10,700,000.00

10,700,000.00

09/06/25

25

10193183

1

RT

Palmhurst

TX

Actual/360

5.595%

44,371.13

12,431.48

0.00

N/A

08/06/28

--

9,209,608.78

9,197,177.30

09/06/25

26

10189009

1

LO

Kinston

NC

Actual/360

5.739%

43,718.36

12,426.96

0.00

N/A

04/06/28

--

8,845,744.33

8,833,317.37

09/06/25

27

10193184

1

RT

Bel Air

MD

Actual/360

4.630%

36,719.76

0.00

0.00

N/A

07/06/28

--

9,210,000.00

9,210,000.00

09/06/25

28

10193185

1

RT

Snellville

GA

Actual/360

5.235%

38,372.00

11,794.03

0.00

N/A

03/06/28

--

8,512,136.79

8,500,342.76

09/06/25

 

 

 

 

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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

Loan Group               Type

City

State

Type

Rate

Interest

Principal

Adjustments           Repay Date

Date

Date

Balance

Balance

Date

29

10191087

1

MF

San Antonio

TX

Actual/360

5.447%

36,416.45

9,530.88

0.00

N/A

07/06/28

--

7,764,006.37

7,754,475.49

09/06/25

30

10193186

1

SS

Schertz

TX

Actual/360

5.146%

33,940.40

10,540.65

0.00

N/A

07/06/28

--

7,659,279.88

7,648,739.23

09/06/25

31

10193187

1

MF

Brooklyn

NY

Actual/360

5.270%

36,304.44

0.00

0.00

N/A

07/06/28

--

8,000,000.00

8,000,000.00

09/06/25

32

10193188

1

LO

Port Charlotte

FL

Actual/360

5.160%

28,711.97

9,553.01

0.00

N/A

07/06/28

--

6,461,808.14

6,452,255.13

09/06/25

33

10190945

1

MF

Macon

GA

Actual/360

5.220%

27,543.00

10,430.95

0.00

N/A

07/06/28

--

6,127,475.51

6,117,044.56

07/06/25

34

10193189

1

LO

Tucson

AZ

Actual/360

5.127%

22,246.41

13,274.38

0.00

N/A

08/06/28

--

5,038,920.30

5,025,645.92

09/06/25

37

10193192

1

RT

Maricopa

AZ

Actual/360

4.935%

21,375.40

0.00

0.00

N/A

08/06/28

--

5,030,000.00

5,030,000.00

09/06/25

38

10193193

1

SS

San Antonio

TX

Actual/360

5.140%

20,172.66

6,279.74

0.00

N/A

07/06/28

--

4,557,648.26

4,551,368.52

09/06/25

39

10193194

1

LO

Tucson

AZ

Actual/360

5.127%

17,426.36

10,398.26

0.00

N/A

08/06/28

--

3,947,154.14

3,936,755.88

09/06/25

40

10193195

1

LO

Irving

TX

Actual/360

4.350%

12,605.73

15,500.42

0.00

N/A

08/06/28

--

3,365,265.94

3,349,765.52

09/06/25

41

10193196

1

OF

Roseville

MI

Actual/360

5.091%

13,975.83

5,550.46

0.00

N/A

07/06/28

--

3,187,978.37

3,182,427.91

09/06/25

42

10193197

1

MH

Thomas Township

MI

Actual/360

5.146%

14,559.39

4,870.37

0.00

N/A

07/06/28

--

3,285,595.30

3,280,724.93

09/06/25

Totals

 

 

 

 

 

 

 

2,834,345.10

546,030.28

0.00

 

 

 

676,339,163.71

675,793,133.43

 

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

Loan Group

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

   ASER

Advances

Advances

Advances

from Principal

Defease Status

1

1

163,624,408.00

85,311,120.50

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

2

1

4,946,587.22

4,108,024.99

01/01/23

09/30/23

--

0.00

0.00

0.00

0.00

0.00

0.00

 

3

1

5,674,198.31

5,658,676.33

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

4

1

7,007,949.64

3,568,880.57

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

5

1

9,558,541.64

9,523,316.29

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

6

1

3,623,555.28

1,800,891.26

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

7

1

4,037,400.47

4,103,509.92

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

8

1

0.00

922,049.45

01/01/23

06/30/23

01/13/25

7,727,273.22

668,655.21

107,867.90

6,900,404.50

3,459,462.74

0.00

 

9

1

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

1

3,931,505.28

2,568,227.29

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

11

1

1,645,139.60

782,853.05

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

12

1

3,595,978.35

1,854,688.32

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

13

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

14

1

7,969,057.00

8,145,058.00

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

15

1

1,984,672.51

1,952,772.06

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

16

1

2,024,024.11

2,274,720.90

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

17

1

1,252,706.83

690,205.76

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

18

1

1,302,935.67

1,141,288.41

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

19

1

1,680,718.43

862,790.16

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

20

1

1,627,215.55

1,711,635.72

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

21

1

1,824,469.07

931,550.88

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

22

1

2,364,537.86

1,237,516.24

01/01/23

12/31/23

--

0.00

0.00

59,708.35

119,635.61

112,864.72

0.00

 

23

1

1,099,867.47

1,079,055.25

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

24

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

25

1

812,187.35

411,823.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

26

1

1,079,613.13

664,668.74

01/01/24

12/31/24

09/11/20

0.00

0.00

0.00

0.00

0.00

0.00

 

27

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

28

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

 

 

 

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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

Loan Group

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

29

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

30

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

31

1

0.00

332,055.97

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

32

1

1,294,880.32

1,201,234.59

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

33

1

672,599.23

512,160.90

04/01/24

03/31/25

--

0.00

0.00

37,878.60

75,895.09

0.00

0.00

 

34

1

1,202,469.66

738,646.29

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

37

1

834,903.30

412,818.31

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

38

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

39

1

1,286,854.16

1,224,350.88

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

40

1

1,173,937.63

1,137,049.29

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

41

1

756,458.11

371,384.08

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

42

1

554,657.89

623,360.23

01/01/24

12/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

252,351,840.75

159,925,607.35

 

 

 

7,727,273.22

668,655.21

205,454.86

7,095,935.20

3,572,327.46

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

09/17/25

2

15,828,646.61

0

0.00

1

32,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866588%

4.836330%

34

08/15/25

1

9,728,569.60

0

0.00

1

32,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866637%

4.839284%

35

07/17/25

0

0.00

0

0.00

1

32,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866686%

4.839335%

36

06/17/25

1

9,763,664.10

0

0.00

1

32,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866745%

4.839396%

37

05/16/25

1

9,780,403.12

0

0.00

1

32,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866793%

4.839446%

38

04/17/25

1

9,798,456.10

0

0.00

1

32,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866852%

4.839506%

39

03/17/25

0

0.00

0

0.00

2

41,815,042.40

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866899%

4.839555%

40

02/18/25

0

0.00

0

0.00

2

41,835,734.05

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.866979%

4.839637%

41

01/17/25

0

0.00

0

0.00

2

41,852,156.72

0

0.00

0

0.00

0

0.00

 

0

0.00

1

5,417,159.59

4.867025%

4.839685%

42

12/17/24

0

0.00

0

0.00

2

41,868,507.30

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.869109%

4.841844%

43

11/18/24

0

0.00

0

0.00

2

41,886,185.97

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.869166%

4.841903%

44

10/18/24

0

0.00

0

0.00

2

41,902,387.18

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

4.869212%

4.841951%

45

(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

8

10193166

03/01/21

53

6

 

107,867.90

6,900,404.50

3,771,694.30

32,000,000.00

04/20/21

2

 

 

 

 

22

10193180

07/06/25

1

1

 

59,708.35

119,635.61

117,042.32

9,745,462.67

03/07/24

98

 

 

 

 

33

10190945

07/06/25

1

1

 

37,878.60

75,895.09

625.00

6,137,859.78

 

 

 

 

 

 

Totals

 

 

 

 

 

205,454.86

7,095,935.20

3,889,361.62

47,883,322.45

 

 

 

 

 

 

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

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

675,793,133

627,964,487

       47,828,647

0

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

    Total

    Current

    30-59 Days

    60-89 Days

    90+ Days

     REO/Foreclosure

 

 

Sep-25

675,793,133

627,964,487

15,828,647

0

32,000,000

0

 

Aug-25

676,339,164

634,610,594

9,728,570

0

32,000,000

0

 

Jul-25

676,882,875

644,882,875

0

0

32,000,000

0

 

Jun-25

677,469,371

635,705,707

9,763,664

0

32,000,000

0

 

May-25

678,008,278

636,227,875

9,780,403

0

32,000,000

0

 

Apr-25

678,590,144

636,791,688

9,798,456

0

32,000,000

0

 

Mar-25

679,124,287

637,309,245

0

0

41,815,042

0

 

Feb-25

679,792,399

637,956,665

0

0

41,835,734

0

 

Jan-25

680,321,423

638,469,267

0

0

41,852,157

0

 

Dec-24

686,272,459

644,403,951

0

0

41,868,507

0

 

Nov-24

686,850,472

644,964,286

0

0

41,886,186

0

 

Oct-24

687,379,620

645,477,233

0

0

41,902,387

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

2

10193155

50,500,000.00

50,500,000.00

106,600,000.00

05/17/18

3,808,754.74

1.64000

09/30/23

07/01/28

I/O

8

10193166

32,000,000.00

32,000,000.00

36,300,000.00

07/16/25

913,712.95

0.36000

06/30/23

06/01/28

I/O

22

10193180

9,711,602.05

9,745,462.67

22,300,000.00

12/14/22

1,121,735.24

1.56000

12/31/23

06/06/28

272

Totals

 

92,211,602.05

92,245,462.67

165,200,000.00

 

5,844,202.93

 

 

 

 

 

 

 

 

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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

 

2

10193155

OF

VA

09/19/23

13

 

 

 

"  9/11/2025  Borrower signed PNL and Cash Management is functioning. Negotiations continue regarding future of Loan and Property. Loan remains current as of September 2025.

 

"

 

 

 

 

 

 

 

 

 

 

8

10193166

MF

NY

04/20/21

2

 

 

 

"  9/11/2025  The Loan transferred in April 2021 due to imminent monetary default stemming from issues relating to Covid-19. Judge on the case has granted lender's pre-motion conference request letter and lender now has leave to file motion

for summary judgment. The application for a receiver was declined by the court, however, motion for summary judgment was granted. Papers in support of damages were filed. Special servicer continues to proceed with a foreclosure strategy.

Litigation ongoing a s of 7/29/2025. Foreclosure sale expected 4Q2025.

 

 

 

"

 

 

 

 

 

 

 

 

 

22

10193180

RT

CA

03/07/24

98

 

 

 

"  9/11/2025 The Loan transferred to Special Servicing due to Imminent Monetary Default. This Loan was previously returned to the Master Servicer. Special Servicer sent a Hello Letter and a PNL has been executed.

Borrower requested approval o f a new lease which was subsequently approved. Borrower provided an updated proposal to bring the loan payment current which is being evaluated.

 

"

 

 

 

 

 

 

 

 

 

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

 

 

Loan

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

 

          Balance

Rate

       Balance

     Rate

 

 

 

 

Pros ID

Loan Number

Group

 

 

 

 

Code¹

Date

Date

Date

22

10193180

1

0.00

5.12000%

0.00

5.12000%

8

06/06/22

10/31/21

06/06/22

26

10189009

1

9,725,694.86

5.73945%

9,545,738.11                        5.73945%

10

05/01/20

05/01/20

05/01/20

Totals

 

 

9,725,694.86

 

9,545,738.11

 

 

 

 

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

 

 

 

 

No liquidated loans this period

 

 

 

 

 

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

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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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)

2

0.00

0.00

10,871.53

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

8

0.00

0.00

6,888.89

0.00

0.00

34,454.62

0.00

0.00

0.00

0.00

0.00

0.00

16

0.00

0.00

0.00

0.00

754.72

0.00

0.00

0.00

0.00

0.00

0.00

0.00

20

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

313.78

0.00

0.00

0.00

22

0.00

0.00

5,000.00

0.00

0.00

0.00

0.00

0.00

373.87

0.00

0.00

0.00

24

0.00

0.00

0.00

0.00

442.91

0.00

0.00

0.00

0.00

0.00

0.00

0.00

25

0.00

0.00

0.00

0.00

568.03

0.00

0.00

0.00

0.00

0.00

0.00

0.00

26

0.00

0.00

0.00

0.00

561.45

0.00

0.00

0.00

0.00

0.00

0.00

0.00

32

0.00

0.00

0.00

0.00

382.65

0.00

0.00

0.00

0.00

0.00

0.00

0.00

40

0.00

0.00

0.00

0.00

281.06

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

22,760.42

0.00

2,990.82

34,454.62

0.00

0.00

687.65

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

60,893.51

 

 

 

 

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Page 26 of 27

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27