EX-99.1 2 bub19c04_ex991-202507.htm bub19c04_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

BBCMS Mortgage Trust 2019-C4

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2019-C4

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Barclays Commercial Mortgage Securities LLC

 

 

Certificate Factor Detail

3

 

Daniel Schmidt

 

SPLegalNotices@barclays.com;

 

 

 

 

 

CMBSsecuritization@barclays.com

Certificate Interest Reconciliation Detail

4

 

745 Seventh Avenue, 4th Floor | New York, NY 10019 | United States

 

Additional Information

5

Master Servicer

Trimont LLC

 

 

Bond / Collateral Reconciliation - Cash Flows

6

 

Attention: CMBS Servicing

 

trimont.commercial.servicing@cms.trimont.com

Bond / Collateral Reconciliation - Balances

7

 

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

 

Current Mortgage Loan and Property Stratification

8-12

Special Servicer

Rialto Capital Advisors, LLC

 

 

Mortgage Loan Detail (Part 1)

13-15

 

General

(305) 229-6465

 

 

 

 

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

 

David Rodgers

(212) 310-9821

 

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

07335CAA2

2.000000%

24,699,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

23.05%

A-2

07335CAB0

2.781000%

22,190,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

23.05%

A-3

07335CAC8

2.502000%

11,700,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

23.05%

A-SB

07335CAD6

2.832000%

35,614,000.00

28,660,221.22

705,531.83

67,638.12

0.00

0.00

773,169.95

27,954,689.39

21.16%

19.25%

A-4

07335CAE4

2.661000%

137,831,000.00

119,612,848.68

0.00

265,241.49

0.00

0.00

265,241.49

119,612,848.68

24.43%

23.05%

A-5

07335CAF1

2.919000%

424,103,000.00

424,103,000.00

0.00

1,031,630.55

0.00

0.00

1,031,630.55

424,103,000.00

24.43%

23.05%

A-S

07335CAG9

3.171000%

100,764,000.00

100,764,000.00

0.00

266,268.87

0.00

0.00

266,268.87

100,764,000.00

24.43%

23.05%

B

07335CAH7

3.322000%

41,008,000.00

41,008,000.00

0.00

113,523.81

0.00

0.00

113,523.81

41,008,000.00

16.35%

14.88%

C

07335CAJ3

3.469000%

37,494,000.00

37,494,000.00

0.00

108,388.91

0.00

0.00

108,388.91

37,494,000.00

11.95%

10.88%

D

07335CAT1

3.250000%

23,433,000.00

23,433,000.00

0.00

63,464.37

0.00

0.00

63,464.37

23,433,000.00

9.20%

8.38%

E

07335CAV6

3.250000%

17,576,000.00

17,576,000.00

0.00

47,601.67

0.00

0.00

47,601.67

17,576,000.00

7.14%

6.50%

F

07335CAX2

2.800000%

17,575,000.00

17,575,000.00

0.00

41,008.33

0.00

0.00

41,008.33

17,575,000.00

5.08%

4.63%

G

07335CAZ7

2.800000%

9,373,000.00

9,373,000.00

0.00

38,933.16

0.00

0.00

38,933.16

9,373,000.00

3.98%

3.63%

H-RR

07335CBB9

4.376042%

33,979,142.00

33,979,142.00

0.00

0.00

0.00

0.00

0.00

33,979,142.00

0.00%

0.00%

S

07335CBF0

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

07335CBD5

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

937,339,142.00

853,578,211.90

705,531.83

2,043,699.28

0.00

0.00

2,749,231.11

852,872,680.07

 

 

 

 

X-A

07335CAK0

1.515314%

656,137,000.00

572,376,069.90

0.00

722,774.62

0.00

0.00

722,774.62

571,670,538.07

 

 

X-B

07335CAL8

1.108172%

179,266,000.00

179,266,000.00

0.00

165,548.04

0.00

0.00

165,548.04

179,266,000.00

 

 

X-D

07335CAM6

1.126042%

41,009,000.00

41,009,000.00

0.00

38,481.55

0.00

0.00

38,481.55

41,009,000.00

 

 

X-F

07335CAP9

1.576042%

17,575,000.00

17,575,000.00

0.00

23,082.45

0.00

0.00

23,082.45

17,575,000.00

 

 

X-G

07335CAR5

1.576042%

9,373,000.00

9,373,000.00

0.00

12,310.20

0.00

0.00

12,310.20

9,373,000.00

 

 

Notional SubTotal

 

903,360,000.00

819,599,069.90

0.00

962,196.86

0.00

0.00

962,196.86

818,893,538.07

 

 

 

Deal Distribution Total

 

 

 

705,531.83

3,005,896.14

0.00

0.00

3,711,427.97

 

 

 

 

*

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

07335CAA2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

07335CAB0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

07335CAC8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

07335CAD6

804.74592071

19.81051918

1.89920031

0.00000000

0.00000000

0.00000000

0.00000000

21.70971949

784.93540153

A-4

07335CAE4

867.82254123

0.00000000

1.92439647

0.00000000

0.00000000

0.00000000

0.00000000

1.92439647

867.82254123

A-5

07335CAF1

1,000.00000000

0.00000000

2.43250001

0.00000000

0.00000000

0.00000000

0.00000000

2.43250001

1,000.00000000

A-S

07335CAG9

1,000.00000000

0.00000000

2.64250000

0.00000000

0.00000000

0.00000000

0.00000000

2.64250000

1,000.00000000

B

07335CAH7

1,000.00000000

0.00000000

2.76833325

0.00000000

0.00000000

0.00000000

0.00000000

2.76833325

1,000.00000000

C

07335CAJ3

1,000.00000000

0.00000000

2.89083347

0.00000000

0.00000000

0.00000000

0.00000000

2.89083347

1,000.00000000

D

07335CAT1

1,000.00000000

0.00000000

2.70833312

0.00000000

0.00000000

0.00000000

0.00000000

2.70833312

1,000.00000000

E

07335CAV6

1,000.00000000

0.00000000

2.70833352

0.00000000

0.00000000

0.00000000

0.00000000

2.70833352

1,000.00000000

F

07335CAX2

1,000.00000000

0.00000000

2.33333314

0.00000000

0.00000000

0.00000000

0.00000000

2.33333314

1,000.00000000

G

07335CAZ7

1,000.00000000

0.00000000

4.15375653

(1.82042356)

4.31026352

0.00000000

0.00000000

4.15375653

1,000.00000000

H-RR

07335CBB9

1,000.00000000

0.00000000

0.00000000

3.64670156

97.76168215

0.00000000

0.00000000

0.00000000

1,000.00000000

S

07335CBF0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

07335CBD5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

07335CAK0

872.34231555

0.00000000

1.10156053

0.00000000

0.00000000

0.00000000

0.00000000

1.10156053

871.26703428

X-B

07335CAL8

1,000.00000000

0.00000000

0.92347707

0.00000000

0.00000000

0.00000000

0.00000000

0.92347707

1,000.00000000

X-D

07335CAM6

1,000.00000000

0.00000000

0.93836841

0.00000000

0.00000000

0.00000000

0.00000000

0.93836841

1,000.00000000

X-F

07335CAP9

1,000.00000000

0.00000000

1.31336842

0.00000000

0.00000000

0.00000000

0.00000000

1.31336842

1,000.00000000

X-G

07335CAR5

1,000.00000000

0.00000000

1.31336819

0.00000000

0.00000000

0.00000000

0.00000000

1.31336819

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-3

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

67,638.12

0.00

67,638.12

0.00

0.00

0.00

67,638.12

0.00

 

A-4

06/01/25 - 06/30/25

30

0.00

265,241.49

0.00

265,241.49

0.00

0.00

0.00

265,241.49

0.00

 

A-5

06/01/25 - 06/30/25

30

0.00

1,031,630.55

0.00

1,031,630.55

0.00

0.00

0.00

1,031,630.55

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

722,774.62

0.00

722,774.62

0.00

0.00

0.00

722,774.62

0.00

 

X-B

06/01/25 - 06/30/25

30

0.00

165,548.04

0.00

165,548.04

0.00

0.00

0.00

165,548.04

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

266,268.87

0.00

266,268.87

0.00

0.00

0.00

266,268.87

0.00

 

B

06/01/25 - 06/30/25

30

0.00

113,523.81

0.00

113,523.81

0.00

0.00

0.00

113,523.81

0.00

 

C

06/01/25 - 06/30/25

30

0.00

108,388.91

0.00

108,388.91

0.00

0.00

0.00

108,388.91

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

38,481.55

0.00

38,481.55

0.00

0.00

0.00

38,481.55

0.00

 

X-F

06/01/25 - 06/30/25

30

0.00

23,082.45

0.00

23,082.45

0.00

0.00

0.00

23,082.45

0.00

 

X-G

06/01/25 - 06/30/25

30

0.00

12,310.20

0.00

12,310.20

0.00

0.00

0.00

12,310.20

0.00

 

D

06/01/25 - 06/30/25

30

0.00

63,464.37

0.00

63,464.37

0.00

0.00

0.00

63,464.37

0.00

 

E

06/01/25 - 06/30/25

30

0.00

47,601.67

0.00

47,601.67

0.00

0.00

0.00

47,601.67

0.00

 

F

06/01/25 - 06/30/25

30

0.00

41,008.33

0.00

41,008.33

0.00

0.00

0.00

41,008.33

0.00

 

G

06/01/25 - 06/30/25

30

57,329.16

21,870.33

0.00

21,870.33

(17,062.83)

0.00

0.00

38,933.16

40,400.10

 

H-RR

06/01/25 - 06/30/25

30

3,186,326.70

123,911.79

0.00

123,911.79

123,911.79

0.00

0.00

0.00

3,321,858.08

 

Totals

 

 

3,243,655.86

3,112,745.10

0.00

3,112,745.10

106,848.96

0.00

0.00

3,005,896.14

3,362,258.18

 

 

 

 

 

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Page 4 of 29

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

3,711,427.97

 

(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

3,123,763.87

Master Servicing Fee

3,376.20

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

5,215.58

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

355.66

ARD Interest

0.00

Operating Advisor Fee

1,680.68

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

100.64

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,123,763.87

Total Fees

11,018.76

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

705,531.83

Reimbursement for Interest on Advances

1,181.76

Unscheduled Principal Collections

 

ASER Amount

87,623.15

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

16,000.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

2,044.06

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

705,531.83

Total Expenses/Reimbursements

106,848.97

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,005,896.14

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

705,531.83

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

3,711,427.97

Total Funds Collected

3,829,295.70

Total Funds Distributed

3,829,295.70

 

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Page 6 of 29

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

         Total

 

          Total

Beginning Scheduled Collateral Balance

853,578,212.41

853,578,212.41

Beginning Certificate Balance

853,578,211.90

(-) Scheduled Principal Collections

705,531.83

705,531.83

(-) Principal Distributions

705,531.83

(-) 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

852,872,680.58

852,872,680.58

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

855,934,252.77

855,934,252.77

Ending Certificate Balance

852,872,680.07

Ending Actual Collateral Balance

855,300,413.14

855,300,413.14

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.51)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.51)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.38%

 

 

 

 

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

5

38,844,081.60

4.55%

48

4.7640

NAP

Defeased

5

38,844,081.60

4.55%

48

4.7640

NAP

 

$9,999,999 or less

33

184,090,561.11

21.58%

48

4.6949

2.039983

1.39 or less

16

146,113,794.64

17.13%

48

4.7764

0.814317

$10,000,000 to $19,999,999

23

324,704,258.18

38.07%

46

4.5156

1.745916

1.40 to 1.49

4

29,972,762.63

3.51%

47

4.9953

1.439858

$20,000,000 to $29,999,999

6

136,233,779.69

15.97%

44

4.3555

2.217274

1.50 to 1.59

4

26,573,122.44

3.12%

32

4.5389

1.560780

$30,000,000 to $39,999,999

0

0.00

0.00%

0

0.0000

0.000000

1.60 to 1.69

3

47,948,277.68

5.62%

49

4.0409

1.667679

$40,000,000 to $49,999,999

1

44,000,000.00

5.16%

49

4.0320

2.388900

1.70 to 1.79

3

34,519,155.94

4.05%

48

4.4427

1.767527

 

$50,000,000 or greater

2

125,000,000.00

14.66%

48

3.6708

2.882392

1.80 to 1.99

4

51,031,348.54

5.98%

45

4.4892

1.958564

 

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

2.00 to 2.99

26

372,770,137.11

43.71%

46

4.3671

2.303398

 

 

 

 

 

 

 

 

3.0 or greater

5

105,100,000.00

12.32%

48

3.6897

3.870124

 

 

 

 

 

 

 

 

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

(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

9

38,844,081.60

4.55%

48

4.7640

NAP

Virginia

2

11,240,975.12

1.32%

48

4.0837

1.760705

Arizona

5

18,512,703.89

2.17%

48

4.1471

1.433204

Washington

1

10,952,923.38

1.28%

47

4.3000

2.020200

California

16

229,685,018.08

26.93%

48

4.0235

2.574050

Wisconsin

6

14,811,788.56

1.74%

49

4.0686

2.374066

Colorado

4

15,435,749.14

1.81%

48

5.5651

1.322954

Totals

370

852,872,680.58

100.00%

47

4.3913

2.079588

Florida

7

47,685,967.69

5.59%

39

4.6823

1.618424

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Georgia

6

18,086,705.28

2.12%

47

4.5835

1.952312

 

 

 

 

 

 

 

Hawaii

188

34,369,566.35

4.03%

45

4.9539

2.597643

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Illinois

4

7,636,676.41

0.90%

49

4.0320

2.388900

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Indiana

5

15,504,863.40

1.82%

49

5.1766

2.180320

Defeased

9

38,844,081.60

4.55%

48

4.7640

NAP

Kentucky

1

18,402,325.35

2.16%

48

4.5200

(0.725000)

Industrial

16

43,625,773.31

5.12%

48

4.5400

1.933127

Louisiana

20

55,955,310.56

6.56%

49

4.1809

2.165214

Lodging

26

119,310,497.91

13.99%

48

4.8132

2.376570

Maryland

8

12,600,000.00

1.48%

48

4.4938

2.064176

Mixed Use

5

27,582,136.58

3.23%

48

4.6499

1.458937

Michigan

6

10,343,483.73

1.21%

49

4.5805

2.085490

Mobile Home Park

4

15,426,965.52

1.81%

48

4.5544

2.209680

Minnesota

1

2,614,378.06

0.31%

46

4.3427

2.262900

Multi-Family

13

111,531,183.19

13.08%

46

4.1309

2.228487

Mississippi

12

16,060,363.23

1.88%

49

4.2600

1.570804

Office

20

279,450,460.56

32.77%

45

4.2137

2.087476

New Jersey

3

25,928,746.63

3.04%

49

4.0578

3.737941

Other

181

38,430,325.29

4.51%

45

4.6601

2.323686

New York

16

106,826,876.21

12.53%

46

4.3775

1.912593

Retail

63

133,099,739.21

15.61%

48

4.4209

1.916656

North Carolina

8

12,755,329.22

1.50%

47

4.7144

1.903402

Self Storage

33

38,624,851.33

4.53%

49

3.8652

2.107038

Ohio

3

692,601.90

0.08%

46

4.3427

2.262900

Totals

370

852,872,680.58

100.00%

47

4.3913

2.079588

Oklahoma

3

13,133,049.06

1.54%

48

4.8751

0.410181

 

 

 

 

 

 

 

Oregon

2

7,255,741.61

0.85%

48

3.9984

2.689390

 

 

 

 

 

 

 

Pennsylvania

7

65,958,662.23

7.73%

41

4.8376

1.941648

 

 

 

 

 

 

 

South Carolina

12

16,979,628.35

1.99%

48

4.6734

1.623754

 

 

 

 

 

 

 

Tennessee

3

4,406,567.23

0.52%

49

4.0471

2.382764

 

 

 

 

 

 

 

Texas

12

13,245,932.23

1.55%

49

3.9335

1.975226

 

 

 

 

 

 

 

 

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

5

38,844,081.60

4.55%

48

4.7640

NAP

Defeased

5

38,844,081.60

4.55%

48

4.7640

NAP

 

3.999% or less

8

213,424,851.33

25.02%

48

3.7376

2.935755

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.000% to 4.4999%

18

237,509,715.53

27.85%

48

4.1517

2.110704

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.500% to 4.999%

28

283,194,189.00

33.20%

44

4.7166

1.599109

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.000% to 5.4999%

4

21,350,712.30

2.50%

47

5.1601

1.205805

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.500% or greater

7

58,549,130.82

6.86%

48

5.6447

1.766847

49 months or greater

65

814,028,598.98

95.45%

46

4.3735

2.100573

 

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

(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 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

5

38,844,081.60

4.55%

48

4.7640

NAP

Defeased

5

38,844,081.60

4.55%

48

4.7640

NAP

 

60 months or less

65

814,028,598.98

95.45%

46

4.3735

2.100573

Interest Only

27

457,407,500.00

53.63%

46

4.1536

2.548374

61 months to 84 months

0

0.00

0.00%

0

0.0000

0.000000

330 months or less

38

356,621,098.98

41.81%

47

4.6556

1.526216

 

85 months or greater

0

0.00

0.00%

0

0.0000

0.000000

331 months to 357 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

358 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

(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 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

5

38,844,081.60

4.55%

48

4.7640

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

4

43,984,375.54

5.16%

41

4.8506

2.043658

 

 

 

 

 

 

12 months or less

57

746,068,088.75

87.48%

47

4.3268

2.125008

 

 

 

 

 

 

13 months to 24 months

3

14,536,134.69

1.70%

48

5.4777

1.069823

 

 

 

 

 

 

25 months or greater

1

9,440,000.00

1.11%

47

4.1390

2.021800

 

 

 

 

 

 

Totals

70

852,872,680.58

100.00%

47

4.3913

2.079588

 

 

 

 

 

(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 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

322181001

OF

Sunnyvale

CA

Actual/360

3.764%

203,875.75

0.00

0.00

07/06/29

06/06/34

--

65,000,000.00

65,000,000.00

07/06/25

2

883100996

OF

San Francisco

CA

Actual/360

3.570%

178,500.00

0.00

0.00

N/A

06/06/29

--

60,000,000.00

60,000,000.00

07/06/25

3

322181003

OF

Malvern

PA

Actual/360

4.860%

81,000.00

0.00

0.00

N/A

11/07/28

--

20,000,000.00

20,000,000.00

07/07/25

3A

322181103

OF

Malvern

PA

Actual/360

4.860%

81,000.00

0.00

0.00

N/A

11/07/28

--

20,000,000.00

20,000,000.00

07/07/25

3B

322181113

OF

Malvern

PA

Actual/360

4.860%

68,920.88

0.00

0.00

N/A

11/07/28

--

17,017,500.00

17,017,500.00

07/07/25

4

303161317

Various      Various

Various

Actual/360

4.032%

147,840.00

0.00

0.00

N/A

08/01/29

--

44,000,000.00

44,000,000.00

07/01/25

5

322181005

SS

Various

Various

Actual/360

3.809%

94,198.62

51,794.78

0.00

N/A

08/01/29

--

29,676,646.11

29,624,851.33

07/01/25

6

307331133

MF

Harvey

LA

Actual/360

3.800%

79,166.67

0.00

0.00

N/A

08/06/29

--

25,000,000.00

25,000,000.00

07/06/25

7

322181007

LO

San Diego

CA

Actual/360

4.650%

83,871.16

35,240.94

0.00

N/A

07/06/29

--

21,644,169.30

21,608,928.36

07/06/25

8

322181008

MF

Brooklyn

NY

Actual/360

4.532%

75,535.90

0.00

0.00

N/A

08/05/28

--

20,000,000.00

20,000,000.00

07/05/25

9

695101145

RT

Temecula

CA

Actual/360

4.120%

67,622.91

29,248.95

0.00

N/A

07/06/29

--

19,695,992.00

19,666,743.05

07/06/25

10

322181010

Various      Various

HI

Actual/360

4.310%

68,241.67

0.00

0.00

N/A

02/07/29

--

19,000,000.00

19,000,000.00

07/07/25

12

322181012

OF

Louisville

KY

Actual/360

4.520%

69,417.42

27,078.71

0.00

N/A

07/06/29

--

18,429,404.06

18,402,325.35

06/06/24

13

307331126

IN

Ocala

FL

Actual/360

4.500%

63,778.46

32,238.41

0.00

N/A

07/06/29

--

17,007,589.69

16,975,351.28

07/06/25

14

303161312

MF

Glenmont

NY

Actual/360

4.040%

60,327.64

26,982.17

0.00

N/A

07/01/29

--

17,919,101.68

17,892,119.51

07/01/25

15

322181015

OF

Various

LA

Actual/360

4.750%

64,705.89

26,060.75

0.00

N/A

08/01/29

--

16,346,751.51

16,320,690.76

06/01/25

16

322181016

MF

Brooklyn

NY

Actual/360

3.900%

55,250.00

0.00

0.00

N/A

06/06/29

--

17,000,000.00

17,000,000.00

07/06/25

17

322181017

LO

Various

Various

Actual/360

4.550%

56,885.04

28,228.27

0.00

N/A

07/06/29

--

15,002,648.30

14,974,420.03

07/06/25

18

322181018

Various      Various

HI

Actual/360

5.750%

73,739.91

19,631.74

0.00

N/A

06/06/29

--

15,389,198.09

15,369,566.35

07/06/25

19

322181019

LO

Various

NC

Actual/360

4.958%

41,316.67

0.00

0.00

N/A

05/01/29

--

10,000,000.00

10,000,000.00

07/01/25

19A

322181119

LO

Various

Various

Actual/360

4.958%

20,658.33

0.00

0.00

N/A

05/01/29

--

5,000,000.00

5,000,000.00

07/01/25

20

322181020

OF

Phoenix

AZ

Actual/360

4.150%

47,316.38

21,953.34

0.00

N/A

08/01/29

--

13,681,843.92

13,659,890.58

07/01/25

21

307331142

OF

Morristown

NJ

Actual/360

4.081%

47,612.24

0.00

0.00

N/A

08/06/29

--

14,000,000.00

14,000,000.00

07/06/25

22

695101146

MF

New York

NY

Actual/360

4.300%

49,629.17

0.00

0.00

N/A

07/06/29

--

13,850,000.00

13,850,000.00

07/06/25

23

322181023

LO

Various

IN

Actual/360

5.500%

55,475.97

29,268.10

0.00

N/A

08/06/29

--

12,103,848.80

12,074,580.70

07/06/25

24

303161309

OF

Various

CA

Actual/360

4.900%

53,420.77

19,288.79

0.00

N/A

06/01/29

--

13,082,638.00

13,063,349.21

07/01/25

25

303161302

MF

Warner Robins

GA

Actual/360

4.900%

52,056.01

18,796.01

0.00

N/A

06/01/29

--

12,748,409.88

12,729,613.87

07/01/25

26

322181026

LO

Nashville

TN

Actual/360

4.930%

46,751.90

20,349.61

0.00

N/A

06/01/29

--

11,379,772.55

11,359,422.94

07/01/25

 

 

 

 

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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

27

307331140

OF

Tampa

FL

Actual/360

4.730%

47,113.72

17,941.60

0.00

N/A

08/06/26

--

11,952,739.58

11,934,797.98

07/06/25

28

307331139

IN

Wilmington

OH

Actual/360

4.400%

41,127.99

21,467.12

0.00

N/A

08/06/29

05/06/29

11,216,725.78

11,195,258.66

07/06/25

29

695101132

LO

Bellingham

WA

Actual/360

4.300%

39,325.17

21,544.02

0.00

N/A

06/06/29

--

10,974,467.40

10,952,923.38

07/06/25

30

695101152

MH

Various

Various

Actual/360

4.470%

44,700.00

0.00

0.00

N/A

07/06/29

--

12,000,000.00

12,000,000.00

07/06/25

32

695101147

IN

Chula Vista

CA

Actual/360

4.050%

35,437.50

0.00

0.00

N/A

08/06/29

--

10,500,000.00

10,500,000.00

07/06/25

33

883100991

Various      Various

Various

Actual/360

4.343%

36,370.53

0.00

0.00

N/A

05/06/29

--

10,050,000.00

10,050,000.00

07/06/25

34

322181034

MF

Los Angeles

CA

Actual/360

4.150%

34,583.33

0.00

0.00

N/A

05/06/29

--

10,000,000.00

10,000,000.00

07/06/25

35

307331122

98

Monsey

NY

Actual/360

5.020%

41,833.33

0.00

0.00

N/A

05/06/29

--

10,000,000.00

10,000,000.00

07/06/25

36

322181036

MU

Ambler

PA

Actual/360

4.750%

37,073.56

15,091.17

0.00

N/A

06/06/29

--

9,365,952.99

9,350,861.82

07/06/25

37

883101012

RT

Bluefield

VA

Actual/360

4.100%

29,282.31

17,225.53

0.00

N/A

07/06/29

--

8,570,431.86

8,553,206.33

07/06/25

38

303161322

IN

Watkins

CO

Actual/360

5.650%

41,042.86

13,794.54

0.00

N/A

08/01/29

--

8,717,067.09

8,703,272.55

07/01/25

39

322181039

Various      Various

Various

Actual/360

4.139%

32,560.13

0.00

0.00

N/A

06/06/29

--

9,440,000.00

9,440,000.00

07/06/25

40

695101143

SS

Moreno Valley

CA

Actual/360

4.050%

30,375.00

0.00

0.00

N/A

07/06/29

--

9,000,000.00

9,000,000.00

07/06/25

42

322181042

OF

Thousand Oaks

CA

Actual/360

4.850%

34,354.17

0.00

0.00

N/A

06/06/29

--

8,500,000.00

8,500,000.00

07/06/25

43

883101014

LO

Covington

GA

Actual/360

4.000%

25,809.09

14,771.21

0.00

N/A

08/06/29

--

7,742,728.35

7,727,957.14

07/06/25

44

322181044

RT

Palm Beach Gardens

FL

Actual/360

5.500%

35,548.16

12,713.91

0.00

N/A

06/06/29

--

7,755,963.19

7,743,249.28

07/06/25

45

303161314

LO

El Reno

OK

Actual/360

4.900%

25,884.58

25,816.50

0.00

N/A

07/01/29

--

6,339,080.89

6,313,264.39

07/01/21

46

303161313

LO

El Reno

OK

Actual/360

4.900%

25,556.93

25,489.71

0.00

N/A

07/01/29

--

6,258,839.06

6,233,349.35

03/01/22

47

303161310

MU

Syracuse

NY

Actual/360

4.550%

27,111.71

11,112.83

0.00

N/A

07/01/29

--

7,150,341.86

7,139,229.03

07/01/25

48

322181048

RT

Staten Island

NY

Actual/360

4.680%

26,175.42

10,821.28

0.00

N/A

08/01/29

--

6,711,646.86

6,700,825.58

07/01/25

49

883101000

LO

Hasbrouck Heights

NJ

Actual/360

3.700%

21,583.33

0.00

0.00

N/A

07/06/29

--

7,000,000.00

7,000,000.00

07/06/25

50

322181050

RT

Colorado Springs

CO

Actual/360

5.700%

27,008.26

8,976.57

0.00

N/A

07/06/29

--

5,685,950.01

5,676,973.44

07/06/25

51

322181051

MF

Baltimore

MD

Actual/360

4.520%

22,600.00

0.00

0.00

N/A

06/01/29

--

6,000,000.00

6,000,000.00

07/01/25

52

322181052

LO

San Francisco

CA

Actual/360

5.450%

24,884.78

8,994.57

0.00

N/A

07/06/29

--

5,479,217.03

5,470,222.46

07/06/25

54

883100999

IN

Beaverton

OR

Actual/360

3.960%

18,810.00

0.00

0.00

N/A

07/06/29

--

5,700,000.00

5,700,000.00

07/06/25

55

322181055

RT

Summerville

SC

Actual/360

4.600%

18,990.84

9,204.60

0.00

N/A

08/06/29

--

4,954,131.97

4,944,927.37

07/06/25

56

322181056

RT

Various

SC

Actual/360

5.970%

23,227.70

10,823.15

0.00

N/A

06/06/29

--

4,668,885.30

4,658,062.15

06/06/25

57

695101142

98

Los Angeles

CA

Actual/360

4.100%

17,937.50

0.00

0.00

N/A

07/06/29

--

5,250,000.00

5,250,000.00

07/06/25

 

 

 

 

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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

58

322181058

MU

Red Bank

NJ

Actual/360

4.500%

18,508.40

6,825.87

0.00

N/A

08/01/29

--

4,935,572.50

4,928,746.63

07/01/25

59

322181059

LO

Kennesaw

GA

Actual/360

5.500%

19,865.38

10,838.99

0.00

N/A

03/01/29

--

4,334,265.34

4,323,426.35

05/01/25

60

695101150

RT

Winter Park

FL

Actual/360

3.960%

13,530.00

0.00

0.00

N/A

08/06/29

--

4,100,000.00

4,100,000.00

07/06/25

61

307331138

RT

Fulton

MS

Actual/360

4.560%

13,681.13

6,729.13

0.00

N/A

08/06/29

--

3,600,296.21

3,593,567.08

07/06/25

63

695101149

RT

Various

MS

Actual/360

5.150%

14,580.93

8,560.21

0.00

N/A

08/06/29

--

3,397,499.00

3,388,938.79

07/06/25

64

883101009

MH

Midway Park

NC

Actual/360

4.850%

13,875.62

6,176.67

0.00

N/A

07/06/29

--

3,433,142.19

3,426,965.52

07/06/25

65

322181065

MU

Reidsville

NC

Actual/360

4.720%

13,387.26

5,846.84

0.00

N/A

07/01/29

--

3,403,540.45

3,397,693.61

07/01/25

67

322181067

LO

Mackinaw City

MI

Actual/360

4.950%

11,632.49

7,272.13

0.00

N/A

08/06/29

--

2,819,998.61

2,812,726.48

07/06/25

68

695101140

MU

Ann Arbor

MI

Actual/360

4.750%

10,963.67

4,164.10

0.00

N/A

07/06/29

--

2,769,769.59

2,765,605.49

07/06/25

69

322181069

RT

Brunswick

GA

Actual/360

5.100%

10,607.47

4,323.65

0.00

N/A

07/06/29

--

2,495,874.70

2,491,551.05

07/06/25

70

307331127

RT

Conyers

GA

Actual/360

4.400%

7,225.78

3,790.96

0.00

N/A

07/06/29

--

1,970,666.50

1,966,875.54

07/06/25

71

322181071

MF

Jacksonville

FL

Actual/360

4.850%

8,283.21

3,062.16

0.00

N/A

05/01/29

--

2,049,452.82

2,046,390.66

07/01/25

72

307331137

MF

Shelby Township

MI

Actual/360

4.650%

6,945.43

3,305.43

0.00

N/A

08/06/29

--

1,792,369.11

1,789,063.68

07/06/25

73

307331130

RT

Palatka

FL

Actual/360

4.950%

6,253.84

2,686.81

0.00

N/A

07/06/29

--

1,516,082.28

1,513,395.47

07/06/25

Totals

 

 

 

 

 

 

3,123,763.87

705,531.83

0.00

 

 

 

853,578,212.41

852,872,680.58

 

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 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

43,482,598.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

15,266,121.95

4,078,051.42

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

12,295,542.85

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

 

 

3B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

6,139,814.11

1,581,709.42

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

14,415,520.00

13,249,659.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

2,401,039.34

739,851.83

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

3,679,199.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

28,669,485.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

2,325,993.73

551,533.91

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

70,726,530.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

(1,011,862.00)

0.00

--

--

01/13/25

14,555,619.67

387,223.98

41,458.86

866,715.93

0.00

0.00

 

 

13

1,620,426.37

416,585.98

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

2,046,904.74

515,416.61

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

1,358,081.88

0.00

--

--

04/11/25

0.00

0.00

90,732.58

90,732.58

0.00

0.00

 

 

16

4,846,138.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

9,940,043.74

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

5,561,471.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

16,118,194.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

1,198,269.27

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

3,434,561.86

594,214.71

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

581,404.87

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

2,467,355.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,606,293.18

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

26

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

 

 

 

 

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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

 

27

3,439,246.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

29

2,993,595.53

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

1,343,494.32

297,317.50

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

1,315,852.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

5,087,497.67

1,290,455.07

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

21,066,168.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

2,443,518.75

610,879.45

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

2,390,464.82

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

971,337.80

244,559.87

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

909,028.96

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

0.00

8,797,454.00

01/01/20

09/30/20

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

1,317,007.16

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

965,723.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

1,270,836.05

1,159,283.77

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

620,712.00

468,950.00

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

45

305,675.48

0.00

--

--

02/11/25

3,540,655.47

786,155.97

37,181.63

1,736,412.47

0.00

0.00

 

 

46

93,362.00

0.00

--

--

02/11/25

4,502,789.57

758,473.34

32,601.36

1,339,925.17

0.00

0.00

 

 

47

924,609.15

224,976.80

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

48

549,939.95

140,605.18

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

2,746,180.34

2,971,616.71

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

667,191.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

634,800.02

140,312.98

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

512,722.00

134,604.00

01/01/24

06/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

706,944.21

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

533,699.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

56

562,285.00

0.00

--

--

--

0.00

0.00

34,041.13

34,041.13

0.00

0.00

 

 

57

598,903.02

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

 

58

439,777.23

46,999.16

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

59

822,465.02

703,379.00

10/01/23

09/30/24

--

0.00

0.00

30,657.09

61,390.36

0.00

0.00

 

 

60

653,564.19

153,565.25

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

61

426,800.00

106,700.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

63

468,033.82

98,823.22

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

64

448,729.71

146,888.35

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

65

521,454.27

136,426.77

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

67

721,854.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

68

248,255.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

69

311,004.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

70

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

71

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

72

0.00

56,533.06

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

73

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

Totals

309,201,856.36

39,657,353.02

 

 

 

22,599,064.71

1,931,853.29

266,672.65

4,129,217.64

0.00

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

 

 

 

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 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

4,323,426.35

0

0.00

3

30,948,939.09

0

0.00

 

2

12,546,613.74

0

0.00

 

0

0.00

0

0.00

4.391292%

4.361945%

47

06/17/25

0

0.00

1

4,668,885.30

3

31,027,324.01

0

0.00

 

2

12,597,919.95

0

0.00

 

0

0.00

0

0.00

4.391533%

4.362167%

48

05/16/25

1

4,678,882.79

0

0.00

3

31,101,375.92

0

0.00

 

2

12,647,303.08

0

0.00

 

0

0.00

0

0.00

4.391752%

4.362369%

49

04/17/25

0

0.00

0

0.00

3

31,179,157.18

0

0.00

 

2

12,698,199.82

0

0.00

 

0

0.00

0

0.00

4.391990%

4.362588%

50

03/17/25

0

0.00

0

0.00

3

31,252,587.86

0

0.00

 

2

12,747,161.60

0

0.00

 

0

0.00

0

0.00

4.392207%

4.362787%

51

02/18/25

0

0.00

0

0.00

3

31,337,878.22

0

0.00

 

2

12,801,122.82

0

0.00

 

0

0.00

1

3,103,892.58

4.392482%

4.363042%

52

01/17/25

0

0.00

1

16,473,405.13

4

34,519,312.62

0

0.00

 

2

12,849,652.14

0

0.00

 

0

0.00

0

0.00

4.393987%

4.363685%

53

12/17/24

1

16,496,695.70

0

0.00

4

34,596,537.12

0

0.00

 

2

12,897,977.56

0

0.00

 

0

0.00

0

0.00

4.394199%

4.363880%

54

11/18/24

0

0.00

0

0.00

4

34,677,938.05

0

0.00

 

2

12,947,854.87

0

0.00

 

0

0.00

0

0.00

4.394430%

4.364092%

55

10/18/24

0

0.00

0

0.00

4

34,754,513.72

0

0.00

 

2

12,995,767.67

0

0.00

 

0

0.00

0

0.00

4.394640%

4.364284%

56

09/17/24

0

0.00

0

0.00

4

34,835,289.25

0

0.00

 

2

13,045,247.30

0

0.00

 

0

0.00

0

0.00

4.394868%

4.364494%

57

08/16/24

0

0.00

1

18,685,493.29

3

16,225,728.03

0

0.00

 

2

13,092,750.89

0

0.00

 

0

0.00

0

0.00

4.395074%

4.364683%

58

(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

12

322181012

06/06/24

12

6

 

41,458.86

866,715.93

650,922.55

18,735,096.45

11/22/23

2

 

 

 

 

15

322181015

06/01/25

0

B

 

90,732.58

90,732.58

117,087.82

16,346,751.50

10/18/21

9

 

 

 

 

45

303161314

07/01/21

47

6

 

37,181.63

1,736,412.47

0.00

 

7,423,003.07

03/23/20

7

 

 

 

11/02/20

46

303161313

03/01/22

39

6

 

32,601.36

1,339,925.17

9,915.87

7,160,720.41

03/27/20

7

 

 

 

12/22/20

56

322181056

06/06/25

0

B

 

34,041.13

34,041.13

0.00

 

4,668,885.30

 

 

 

 

 

 

59

322181059

05/01/25

1

1

 

30,657.09

61,390.36

0.00

 

4,344,394.18

 

 

 

 

 

 

Totals

 

 

 

 

 

266,672.65

4,129,217.64

777,926.24

58,678,850.91

 

 

 

 

 

 

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

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

11,934,798

11,934,798

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

0

 

37 - 48 Months

 

562,067,844

526,795,478

        22,725,752

12,546,614

 

49 - 60 Months

 

213,870,039

213,870,039

0

 

 

0

 

> 60 Months

 

65,000,000

65,000,000

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

   Total

   Current

    30-59 Days

     60-89 Days

  90+ Days

    REO/Foreclosure

 

 

Jul-25

852,872,681

817,600,315

4,323,426

0

18,402,325

12,546,614

 

Jun-25

853,578,212

817,882,003

0

4,668,885

18,429,404

12,597,920

 

May-25

854,229,768

818,449,509

4,678,883

0

18,454,073

12,647,303

 

Apr-25

854,930,026

823,750,869

0

0

18,480,957

12,698,200

 

Mar-25

855,576,155

824,323,567

0

0

18,505,426

12,747,162

 

Feb-25

856,374,207

825,036,329

0

0

18,536,755

12,801,123

 

Jan-25

860,123,187

809,130,469

0

16,473,405

21,669,660

12,849,652

 

Dec-24

860,765,686

809,672,453

16,496,696

0

21,698,560

12,897,978

 

Nov-24

861,457,777

826,779,839

0

0

21,730,083

12,947,855

 

Oct-24

862,094,920

827,340,406

0

0

21,758,746

12,995,768

 

Sep-24

862,781,847

827,946,558

0

0

21,790,042

13,045,247

 

Aug-24

863,413,676

828,502,454

0

18,685,493

3,132,977

13,092,751

 

(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

12

322181012

18,402,325.35

18,735,096.45

7,700,000.00

12/05/24

(1,237,246.00)

(0.72500)

12/31/24

07/06/29

288

15

322181015

16,320,690.76

16,346,751.50

21,700,000.00

03/18/25

1,177,528.92

1.08100

12/31/24

08/01/29

288

45

303161314

6,313,264.39

7,423,003.07

6,100,000.00

12/16/24

305,675.48

0.49260

12/31/24

07/01/29

167

46

303161313

6,233,349.35

7,160,720.41

4,400,000.00

12/16/24

93,362.00

0.15240

12/31/24

07/01/29

167

Totals

 

47,269,629.85

49,665,571.43

39,900,000.00

 

339,320.40

 

 

 

 

 

 

 

 

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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

 

12

322181012

OF

KY

11/22/23

2

 

 

 

 

The Loan transferred to Special Servicing on August 9, 2023 due to Imminent Monetary Default. The Special Servicer has sent a Hello Letter and Pre-negotiation letter to the Borrower. The Borrower has executed the PNL. The Special Servicer

 

has initiated th e foreclosure process. A Receiver has been appointed and working to stabilize the Property and manage expenses. Receiver has prepared an RFP for a potential government buyer of the building. A broker is working in parallel to

 

widely market the Property f or sale.

 

 

 

 

 

 

15

322181015

OF

LA

10/18/21

9

 

 

 

 

The Borrower performed under forbearance agreement and Special Servicer intends to return the Loan to the Master Servicer as a corrected mortgage loan. Special Servicer has approved the Borrower's annual budget and has initiated the

 

process to return the loan to the Master Servicer.

 

 

 

 

 

 

 

45

303161314

LO

OK

03/23/20

7

 

 

 

 

Transferred to SS in March 2020 due to imminent monetary default. Receiver was put in place in June 2020 and a foreclosure sale occurred in December 2020. El Reno is an oil and gas market. A planned disposition in December 2025 will allow

 

additional time to improve RevPAR. Running 28 days ADR is $86.

 

 

 

 

 

 

46

303161313

LO

OK

03/27/20

7

 

 

 

 

Transferred to SS in March 2020 for monetary default and was subsequently foreclosed in November 2020. Property is largely dependent on oil crew business. Planned disposition in December 2025. Flag expiry was extended an additional year

 

to 1/1/2027. Runni ng 28 days occupancy is 87%.

 

 

 

 

 

 

 

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

15

322181015

0.00

4.75000%

0.00

4.75000%

10

02/13/23

03/01/23

--

18

322181018

16,000,000.00

5.75000%

16,000,000.00

5.75000%

10

05/28/20

06/06/20

06/11/20

18

322181018

0.00

5.75000%

0.00

5.75000%

10

06/11/20

06/06/20

05/28/20

25

303161302

13,350,000.00

4.90000%

13,350,000.00

4.90000%

10

12/23/20

12/01/20

--

52

322181052

0.00

5.45000%

0.00

5.45000%

10

01/12/22

04/06/20

02/06/22

52

322181052

0.00

5.45000%

0.00

5.45000%

10

02/06/22

04/06/20

01/12/22

Totals

 

29,350,000.00

 

29,350,000.00

 

 

 

 

 

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

66

322181066               02/18/25

3,108,652.52

3,820,000.00

3,630,992.07

522,339.55

3,630,992.07

3,108,652.52

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

3,108,652.52

3,820,000.00

3,630,992.07

522,339.55

3,630,992.07

3,108,652.52

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

66

322181066

02/18/25

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)

12

0.00

0.00

4,000.00

0.00

0.00

54,795.84

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

4,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

22

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

64.34

0.00

0.00

0.00

23

0.00

0.00

0.00

0.00

847.44

0.00

0.00

0.00

0.00

0.00

0.00

0.00

25

0.00

0.00

0.00

0.00

708.52

0.00

0.00

0.00

0.00

0.00

0.00

0.00

37

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

7.22

0.00

0.00

0.00

45

0.00

0.00

4,000.00

0.00

0.00

14,450.30

0.00

0.00

0.00

0.00

0.00

0.00

46

0.00

0.00

4,000.00

0.00

0.00

18,377.01

0.00

0.00

0.00

0.00

0.00

0.00

52

0.00

0.00

0.00

0.00

338.79

0.00

0.00

0.00

0.00

0.00

0.00

0.00

56

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

874.34

0.00

0.00

0.00

59

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

176.60

0.00

0.00

0.00

65

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

59.26

0.00

0.00

0.00

69

0.00

0.00

0.00

0.00

149.31

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

16,000.00

0.00

2,044.06

87,623.15

0.00

0.00

1,181.76

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

106,848.97

 

 

 

 

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Page 28 of 29

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 29 of 29