EX-99.1 2 ccm22g48_ex991-202507.htm ccm22g48_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

Citigroup Commercial Mortgage Trust 2022-GC48

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2022-GC48

 

           

Table of Contents

 

 

Contacts

 

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2-3

Depositor

Citigroup Commercial Mortgage Securities Inc.

 

 

 

Certificate Factor Detail

4

 

Raul D. Orozco

 

raul.d.orozco@citi.com

 

Certificate Interest Reconciliation Detail

5

 

388 Greenwich Street Trading | New York, NY 10013 | United States

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

 

Additional Information

6

 

 

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Bond / Collateral Reconciliation - Cash Flows

7

 

 

 

trustadministrationgroup@computershare.com

Bond / Collateral Reconciliation - Balances

8

 

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

 

 

 

Current Mortgage Loan and Property Stratification

9-13

Master Servicer

Midland Loan Services, a Division of PNC Bank, National

 

 

 

 

 

Association

 

 

Mortgage Loan Detail (Part 1)

14-15

 

Executive Vice President - Division Head

(913) 253-9000

askmidlandls.com

Mortgage Loan Detail (Part 2)

16-17

 

10851 Mastin Street, Building 82, Suite 300 | Overland Park, KS 66210 | United States

 

 

Principal Prepayment Detail

18

Special Servicer

Greystone Servicing Company LLC

 

 

 

Historical Detail

19

 

Lindsey Wright, Vice-President - Special Servicing

(972) 868-5329

 

 

Delinquency Loan Detail

20

 

5221 N. O'Connor Blvd., Suite 800 | Irving, TX 75039 | United States

 

 

 

Special Servicer

Rialto Capital Advisors, LLC

 

 

Collateral Stratification and Historical Detail

21

 

 

 

 

 

 

 

General

(305) 229-6465

 

Specially Serviced Loan Detail - Part 1

22

 

 

 

 

 

 

 

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

 

 

Specially Serviced Loan Detail - Part 2

23

 

 

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Modified Loan Detail

24

Representations Reviewer

 

 

 

 

Historical Liquidated Loan Detail

25

 

CMBS Notices

 

cmbs.notices@parkbridgefinancial.com

 

 

 

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

 

 

Historical Bond / Collateral Loss Reconciliation Detail

26

 

 

 

 

 

 

Trustee

Wilmington Trust, National Association

 

 

Interest Shortfall Detail - Collateral Level

27

 

 

 

 

 

 

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

Supplemental Notes

28

 

 

 

 

 

 

 

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

 

 

 

 

Controlling Class

LD III Sub IX, LLC

 

 

 

 

Representative

 

 

 

 

 

 

-

 

 

 

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 28

 


 
 

 

                         

 

 

 

 

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

29426VAA4

4.107000%

3,961,000.00

1,536,492.22

76,307.08

5,258.64

0.00

0.00

81,565.72

1,460,185.14

30.13%

30.00%

A-2

29426VAB2

4.664272%

93,366,000.00

93,366,000.00

0.00

362,903.65

0.00

0.00

362,903.65

93,366,000.00

30.13%

30.00%

A-4

29426VAC0

4.479000%

115,000,000.00

115,000,000.00

0.00

429,237.50

0.00

0.00

429,237.50

115,000,000.00

30.13%

30.00%

A-5

29426VAD8

4.579272%

202,858,000.00

202,858,000.00

0.00

774,118.23

0.00

0.00

774,118.23

202,858,000.00

30.13%

30.00%

A-SB

29426VAE6

4.644272%

5,942,000.00

5,942,000.00

0.00

22,996.88

0.00

0.00

22,996.88

5,942,000.00

30.13%

30.00%

A-S

29426VAG1

4.874272%

42,112,000.00

42,112,000.00

0.00

171,054.44

0.00

0.00

171,054.44

42,112,000.00

23.10%

23.00%

B

29426VAH9

4.874272%

30,833,000.00

30,833,000.00

0.00

125,240.35

0.00

0.00

125,240.35

30,833,000.00

17.95%

17.88%

C

29426VAJ5

4.874272%

30,080,000.00

30,080,000.00

0.00

122,181.74

0.00

0.00

122,181.74

30,080,000.00

12.93%

12.88%

D

29426VAK2

2.500000%

18,801,000.00

18,801,000.00

0.00

39,168.75

0.00

0.00

39,168.75

18,801,000.00

9.79%

9.75%

E

29426VAM8

2.500000%

15,040,000.00

15,040,000.00

0.00

31,333.33

0.00

0.00

31,333.33

15,040,000.00

7.28%

7.25%

F

29426VAP1

3.524272%

15,040,000.00

15,040,000.00

0.00

44,170.87

0.00

0.00

44,170.87

15,040,000.00

4.77%

4.75%

G

29426VAR7

3.524272%

6,768,000.00

6,768,000.00

0.00

19,876.89

0.00

0.00

19,876.89

6,768,000.00

3.64%

3.63%

H*

29426VAT3

3.524272%

21,809,280.00

21,809,280.00

0.00

64,034.46

0.00

0.00

64,034.46

21,809,280.00

0.00%

0.00%

VRR Interest

N/A

4.874272%

31,663,699.00

31,536,093.33

4,016.16

128,095.34

0.00

0.00

132,111.50

31,532,077.17

0.00%

0.00%

YL-A

29426VBP0

3.037000%

25,000,000.00

24,999,999.97

0.00

63,270.83

0.00

0.00

63,270.83

24,999,999.97

0.00%

0.00%

YL-B

29426VBR6

3.037000%

56,000,000.00

56,000,000.00

0.00

141,726.67

0.00

0.00

141,726.67

56,000,000.00

0.00%

0.00%

YL-C

29426VBT2

3.037000%

62,200,000.00

62,200,000.00

0.00

157,417.83

0.00

0.00

157,417.83

62,200,000.00

0.00%

0.00%

YL-D

29426VBV7

3.037000%

64,300,000.00

64,300,000.00

0.00

82,143.39

0.00

0.00

82,143.39

64,300,000.00

0.00%

0.00%

YLRR*

29426VBX3

3.037000%

14,000,000.00

14,000,000.00

0.00

0.00

0.00

0.00

0.00

14,000,000.00

0.00%

0.00%

R

29426VAX4

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

S

29426VAV8

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

 

854,773,979.00

852,221,865.52

80,323.24

2,784,229.79

0.00

0.00

2,864,553.03

852,141,542.28

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

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Page 2 of 28

 


 
 

 

                       

 

 

 

 

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

 

X-A

29426VAF3

0.304397%

421,127,000.00

418,702,492.22

0.00

106,209.81

0.00

0.00

106,209.81

418,626,185.14

 

X-D

29426VBD7

2.374272%

33,841,000.00

33,841,000.00

0.00

66,956.44

0.00

0.00

66,956.44

33,841,000.00

 

X-F

29426VBF2

1.350000%

15,040,000.00

15,040,000.00

0.00

16,920.00

0.00

0.00

16,920.00

15,040,000.00

 

X-G

29426VBH8

1.350000%

6,768,000.00

6,768,000.00

0.00

7,614.00

0.00

0.00

7,614.00

6,768,000.00

 

X-H

29426VBK1

1.350000%

21,809,280.00

21,809,280.00

0.00

24,535.44

0.00

0.00

24,535.44

21,809,280.00

 

Notional SubTotal

 

498,585,280.00

496,160,772.22

0.00

222,235.69

0.00

0.00

222,235.69

496,084,465.14

 

 

Deal Distribution Total

 

 

 

80,323.24

3,006,465.48

0.00

0.00

3,086,788.72

 

 

 

*

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 3 of 28

 


 
 

 

                     

 

 

 

 

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

29426VAA4

387.90513002

19.26459985

1.32760414

0.00000000

0.00000000

0.00000000

0.00000000

20.59220399

368.64053017

A-2

29426VAB2

1,000.00000000

0.00000000

3.88689298

0.00000000

0.00000000

0.00000000

0.00000000

3.88689298

1,000.00000000

A-4

29426VAC0

1,000.00000000

0.00000000

3.73250000

0.00000000

0.00000000

0.00000000

0.00000000

3.73250000

1,000.00000000

A-5

29426VAD8

1,000.00000000

0.00000000

3.81605966

0.00000000

0.00000000

0.00000000

0.00000000

3.81605966

1,000.00000000

A-SB

29426VAE6

1,000.00000000

0.00000000

3.87022551

0.00000000

0.00000000

0.00000000

0.00000000

3.87022551

1,000.00000000

A-S

29426VAG1

1,000.00000000

0.00000000

4.06189305

0.00000000

0.00000000

0.00000000

0.00000000

4.06189305

1,000.00000000

B

29426VAH9

1,000.00000000

0.00000000

4.06189310

0.00000000

0.00000000

0.00000000

0.00000000

4.06189310

1,000.00000000

C

29426VAJ5

1,000.00000000

0.00000000

4.06189295

0.00000000

0.00000000

0.00000000

0.00000000

4.06189295

1,000.00000000

D

29426VAK2

1,000.00000000

0.00000000

2.08333333

0.00000000

0.00000000

0.00000000

0.00000000

2.08333333

1,000.00000000

E

29426VAM8

1,000.00000000

0.00000000

2.08333311

0.00000000

0.00000000

0.00000000

0.00000000

2.08333311

1,000.00000000

F

29426VAP1

1,000.00000000

0.00000000

2.93689295

0.00000000

0.00000000

0.00000000

0.00000000

2.93689295

1,000.00000000

G

29426VAR7

1,000.00000000

0.00000000

2.93689273

0.00000000

0.00000000

0.00000000

0.00000000

2.93689273

1,000.00000000

H

29426VAT3

1,000.00000000

0.00000000

2.93611068

0.00078224

0.12785658

0.00000000

0.00000000

2.93611068

1,000.00000000

VRR Interest

N/A

995.96996959

0.12683799

4.04549513

0.00002842

0.00474360

0.00000000

0.00000000

4.17233312

995.84313159

YL-A

29426VBP0

999.99999880

0.00000000

2.53083320

0.00000000

0.00000000

0.00000000

0.00000000

2.53083320

999.99999880

YL-B

29426VBR6

1,000.00000000

0.00000000

2.53083339

0.00000000

0.00000000

0.00000000

0.00000000

2.53083339

1,000.00000000

YL-C

29426VBT2

1,000.00000000

0.00000000

2.53083328

0.00000000

0.00000000

0.00000000

0.00000000

2.53083328

1,000.00000000

YL-D

29426VBV7

1,000.00000000

0.00000000

1.27750218

1.25333110

9.66223002

0.00000000

0.00000000

1.27750218

1,000.00000000

YLRR

29426VBX3

1,000.00000000

0.00000000

0.00000000

2.53083357

19.58813357

0.00000000

0.00000000

0.00000000

1,000.00000000

R

29426VAX4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

S

29426VAV8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

29426VAF3

994.24281089

0.00000000

0.25220375

0.00000000

0.00000000

0.00000000

0.00000000

0.25220375

994.06161358

X-D

29426VBD7

1,000.00000000

0.00000000

1.97855974

0.00000000

0.00000000

0.00000000

0.00000000

1.97855974

1,000.00000000

X-F

29426VBF2

1,000.00000000

0.00000000

1.12500000

0.00000000

0.00000000

0.00000000

0.00000000

1.12500000

1,000.00000000

X-G

29426VBH8

1,000.00000000

0.00000000

1.12500000

0.00000000

0.00000000

0.00000000

0.00000000

1.12500000

1,000.00000000

X-H

29426VBK1

1,000.00000000

0.00000000

1.12500000

0.00000000

0.00000000

0.00000000

0.00000000

1.12500000

1,000.00000000

 

 

 

 

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Page 4 of 28

 


 
 

 

                         

 

 

 

 

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

06/01/25 - 06/30/25

30

0.00

5,258.64

0.00

5,258.64

0.00

0.00

0.00

5,258.64

0.00

 

A-2

06/01/25 - 06/30/25

30

0.00

362,903.65

0.00

362,903.65

0.00

0.00

0.00

362,903.65

0.00

 

A-4

06/01/25 - 06/30/25

30

0.00

429,237.50

0.00

429,237.50

0.00

0.00

0.00

429,237.50

0.00

 

A-5

06/01/25 - 06/30/25

30

0.00

774,118.23

0.00

774,118.23

0.00

0.00

0.00

774,118.23

0.00

 

A-SB

06/01/25 - 06/30/25

30

0.00

22,996.88

0.00

22,996.88

0.00

0.00

0.00

22,996.88

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

106,209.81

0.00

106,209.81

0.00

0.00

0.00

106,209.81

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

171,054.44

0.00

171,054.44

0.00

0.00

0.00

171,054.44

0.00

 

B

06/01/25 - 06/30/25

30

0.00

125,240.35

0.00

125,240.35

0.00

0.00

0.00

125,240.35

0.00

 

C

06/01/25 - 06/30/25

30

0.00

122,181.74

0.00

122,181.74

0.00

0.00

0.00

122,181.74

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

66,956.44

0.00

66,956.44

0.00

0.00

0.00

66,956.44

0.00

 

X-F

06/01/25 - 06/30/25

30

0.00

16,920.00

0.00

16,920.00

0.00

0.00

0.00

16,920.00

0.00

 

X-G

06/01/25 - 06/30/25

30

0.00

7,614.00

0.00

7,614.00

0.00

0.00

0.00

7,614.00

0.00

 

X-H

06/01/25 - 06/30/25

30

0.00

24,535.44

0.00

24,535.44

0.00

0.00

0.00

24,535.44

0.00

 

D

06/01/25 - 06/30/25

30

0.00

39,168.75

0.00

39,168.75

0.00

0.00

0.00

39,168.75

0.00

 

E

06/01/25 - 06/30/25

30

0.00

31,333.33

0.00

31,333.33

0.00

0.00

0.00

31,333.33

0.00

 

F

06/01/25 - 06/30/25

30

0.00

44,170.87

0.00

44,170.87

0.00

0.00

0.00

44,170.87

0.00

 

G

06/01/25 - 06/30/25

30

0.00

19,876.89

0.00

19,876.89

0.00

0.00

0.00

19,876.89

0.00

 

H

06/01/25 - 06/30/25

30

2,763.29

64,051.52

0.00

64,051.52

17.06

0.00

0.00

64,034.46

2,788.46

 

VRR Interest

06/01/25 - 06/30/25

30

148.70

128,096.24

0.00

128,096.24

0.90

0.00

0.00

128,095.34

150.20

 

YL-A

06/01/25 - 06/30/25

30

0.00

63,270.83

0.00

63,270.83

0.00

0.00

0.00

63,270.83

0.00

 

YL-B

06/01/25 - 06/30/25

30

0.00

141,726.67

0.00

141,726.67

0.00

0.00

0.00

141,726.67

0.00

 

YL-C

06/01/25 - 06/30/25

30

0.00

157,417.83

0.00

157,417.83

0.00

0.00

0.00

157,417.83

0.00

 

YL-D

06/01/25 - 06/30/25

30

539,327.25

162,732.58

0.00

162,732.58

80,589.19

0.00

0.00

82,143.39

621,281.39

 

YLRR

06/01/25 - 06/30/25

30

238,199.36

35,431.67

0.00

35,431.67

35,431.67

0.00

0.00

0.00

274,233.87

 

Totals

 

 

780,438.60

3,122,504.30

0.00

3,122,504.30

116,038.82

0.00

0.00

3,006,465.48

898,453.92

 

 

 

 

 

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Page 5 of 28

 


 
 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

3,086,788.72

 

VRR Available Funds Amount

132,111.50

 

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

 

 

 

 

 

 

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Page 6 of 28

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,133,062.92

Master Servicing Fee

2,450.88

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

6,101.32

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

355.09

ARD Interest

0.00

Operating Advisor Fee

1,156.32

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

204.98

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,133,062.92

Total Fees

10,558.59

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

80,323.24

Reimbursement for Interest on Advances

17.96

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

116,020.83

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

80,323.24

Total Expenses/Reimbursements

116,038.79

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,006,465.48

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

80,323.24

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

3,086,788.72

Total Funds Collected

3,213,386.16

Total Funds Distributed

3,213,386.10

 

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Page 7 of 28

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

852,221,866.58

852,221,866.58

Beginning Certificate Balance

852,221,865.52

(-) Scheduled Principal Collections

80,323.24

80,323.24

(-) Principal Distributions

80,323.24

(-) 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

852,141,543.34

852,141,543.34

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

852,221,866.58

852,221,866.58

Ending Certificate Balance

852,141,542.28

Ending Actual Collateral Balance

852,141,543.34

852,141,543.34

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                     Principal

(WODRA) from Principal

Beginning UC / (OC)

(1.00)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(1.00)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

0.00%

 

 

 

 

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 8 of 28

 


 
 

 

                             

 

 

 

 

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

1

10,250,000.00

1.63%

82

5.9990

NAP

Defeased

1

10,250,000.00

1.63%

82

5.9990

NAP

 

9,999,999 or less

10

63,007,372.95

9.99%

73

4.9214

1.858229

1.49 or less

11

249,929,543.31

39.63%

82

5.2491

1.160846

10,000,000 to 19,999,999

9

118,587,003.55

18.80%

82

5.4114

1.752693

1.50 to 1.99

9

123,927,000.00

19.65%

82

5.3856

1.782923

20,000,000 to 29,999,999

9

187,762,000.00

29.77%

63

4.2290

2.086705

2.00 to 2.49

11

189,685,000.00

30.08%

60

4.2205

2.179033

30,000,000 to 39,999,999

1

30,000,000.00

4.76%

22

5.3690

5.420000

2.50 to 2.99

1

3,600,000.00

0.57%

81

5.2500

2.630000

40,000,000 to 49,999,999

3

121,035,166.81

19.19%

82

5.2113

1.519371

3.0 or greater

2

53,250,000.00

8.44%

46

4.2368

4.363380

 

50,000,000 or greater

2

100,000,000.00

15.86%

82

4.8675

1.030000

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

 

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 28

 


 
 

 

                           

 

 

 

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

3

10,250,000.00

1.63%

82

5.9990

NAP

Totals

88

630,641,543.31

100.00%

73

4.8933

1.876418

Alabama

2

2,112,516.84

0.33%

82

4.5800

2.130000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

California

11

139,962,003.55

22.19%

69

4.8090

2.360857

 

 

 

 

 

 

 

Delaware

1

124,063.33

0.02%

82

4.5800

2.130000

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Florida

2

13,575,000.00

2.15%

80

4.6728

1.570350

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Georgia

2

24,651,674.46

3.91%

82

5.0872

1.520496

Defeased

3

10,250,000.00

1.63%

82

5.9990

NAP

Illinois

10

5,287,635.04

0.84%

82

4.5800

2.130000

Industrial

3

16,458,077.38

2.61%

83

5.5619

1.831762

Indiana

1

152,875.26

0.02%

82

4.5800

2.130000

Lodging

2

80,000,000.00

12.69%

60

5.0228

2.476250

Kentucky

1

296,504.91

0.05%

82

4.5800

2.130000

Mixed Use

4

60,450,000.00

9.59%

83

5.6884

1.478768

Louisiana

11

18,132,461.40

2.88%

83

5.1820

2.027973

Mobile Home Park

6

21,750,000.00

3.45%

83

6.0675

1.625402

Maine

1

234,795.77

0.04%

82

4.5800

2.130000

Multi-Family

3

70,000,000.00

11.10%

31

3.2786

2.032857

Maryland

1

4,359,679.00

0.69%

83

5.7000

1.830000

Office

12

239,635,166.81

38.00%

79

4.6537

1.778517

Michigan

3

40,605,050.62

6.44%

83

5.8862

1.410878

Retail

48

98,994,372.94

15.70%

83

5.4667

1.878091

Missouri

2

11,900,000.00

1.89%

83

5.4720

1.958706

Self Storage

7

33,103,926.17

5.25%

81

5.1161

1.776916

New Jersey

5

68,600,000.00

10.88%

74

4.8228

1.957522

Totals

88

630,641,543.31

100.00%

73

4.8933

1.876418

New York

8

154,100,000.00

24.44%

59

4.3753

1.665360

 

 

 

 

 

 

 

North Carolina

2

11,190,588.00

1.77%

83

5.7000

1.799867

 

 

 

 

 

 

 

Ohio

3

2,485,605.10

0.39%

81

5.1242

1.531382

 

 

 

 

 

 

 

South Carolina

5

23,025,723.00

3.65%

83

5.7000

1.783091

 

 

 

 

 

 

 

Tennessee

2

21,827,093.46

3.46%

82

5.1210

1.077413

 

 

 

 

 

 

 

Texas

6

30,960,377.90

4.91%

81

5.1074

1.847319

 

 

 

 

 

 

 

Virginia

2

3,791,888.15

0.60%

83

5.6421

1.769630

 

 

 

 

 

 

 

Washington, DC

1

40,000,000.00

6.34%

81

4.6000

2.110000

 

 

 

 

 

 

 

West Virginia

1

552,372.09

0.09%

82

4.5800

2.130000

 

 

 

 

 

 

 

Wisconsin

2

2,463,635.42

0.39%

82

4.5800

2.130000

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 28

 


 
 

 

                             

 

 

 

 

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

1

10,250,000.00

1.63%

82

5.9990

NAP

Defeased

1

10,250,000.00

1.63%

82

5.9990

NAP

 

3.499% or less

5

91,250,000.00

14.47%

37

2.9938

2.407781

6 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

3.500% to 3.999%

1

8,000,000.00

1.27%

79

3.9500

1.480000

7 to 12 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.000% to 4.499%

1

7,500,000.00

1.19%

78

4.2600

2.120000

13 to 18 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.500% to 4.999%

5

172,340,000.00

27.33%

82

4.7590

1.426739

19 months or greater

34

620,391,543.31

98.37%

72

4.8750

1.879829

 

5.000% to 5.499%

13

199,534,543.31

31.64%

73

5.1826

2.263588

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

 

5.500% or greater

9

141,767,000.00

22.48%

83

5.8787

1.560531

 

 

 

 

 

 

 

 

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 28

 


 
 

 

                             

 

 

 

 

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

1

10,250,000.00

1.63%

82

5.9990

NAP

Defeased

1

10,250,000.00

1.63%

82

5.9990

NAP

 

60 months or less

5

98,000,000.00

15.54%

22

3.7726

3.189388

Interest Only

29

552,162,000.00

87.56%

71

4.8353

1.953455

 

61 months or greater

29

522,391,543.31

82.83%

82

5.0818

1.634157

360 months or less

5

68,229,543.31

10.82%

82

5.1966

1.283993

 

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 28

 


 
 

 

                         

 

 

 

 

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

1

10,250,000.00

1.63%

82

5.9990

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

33

610,391,543.31

96.79%

72

4.8777

1.892769

 

 

 

 

 

 

13 to 24 months

1

10,000,000.00

1.59%

82

4.7100

1.090000

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

35

630,641,543.31

100.00%

73

4.8933

1.876418

 

 

 

 

 

(1)

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

 

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

 

 

(2)

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

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

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Page 13 of 28

 


 
 

 

                               

 

 

 

 

 

 

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

1A4

30509037

MF

New York

NY

Actual/360

3.040%

50,666.67

0.00

0.00

N/A

06/06/27

--

20,000,000.00

20,000,000.00

07/06/25

1A9

30509042

 

 

 

Actual/360

3.040%

50,666.67

0.00

0.00

N/A

06/06/27

--

20,000,000.00

20,000,000.00

07/06/25

1A11

30509044

 

 

 

Actual/360

3.040%

50,666.67

0.00

0.00

N/A

06/06/27

--

20,000,000.00

20,000,000.00

07/06/25

2

30530201

LO

Pismo Beach

CA

Actual/360

4.815%

200,625.00

0.00

0.00

N/A

05/06/32

--

50,000,000.00

50,000,000.00

07/06/25

3A1-1

30508975

OF

New York

NY

Actual/360

4.920%

205,000.00

0.00

0.00

N/A

05/06/32

--

50,000,000.00

50,000,000.00

07/06/25

4

30508953

OF

Various

Various

Actual/360

5.130%

175,675.79

58,585.91

0.00

N/A

05/06/32

--

41,093,752.72

41,035,166.81

07/06/25

5

30321086

MU

Brighton

MI

Actual/360

5.906%

196,866.67

0.00

0.00

N/A

06/06/32

--

40,000,000.00

40,000,000.00

07/06/25

6A2

30321087

OF

Washington

DC

Actual/360

4.600%

153,333.33

0.00

0.00

N/A

04/06/32

--

40,000,000.00

40,000,000.00

07/06/25

7A2-1

30321088

OF

Holmdel

NJ

Actual/360

5.110%

85,166.67

0.00

0.00

N/A

05/06/32

--

20,000,000.00

20,000,000.00

07/06/25

7A4

30321089

 

 

 

Actual/360

5.110%

85,166.67

0.00

0.00

N/A

05/06/32

--

20,000,000.00

20,000,000.00

07/06/25

8

30530208

LO

Ontario

CA

Actual/360

5.369%

134,225.00

0.00

0.00

N/A

05/06/27

--

30,000,000.00

30,000,000.00

07/06/25

9A5

30508653

OF

Los Angeles

CA

Actual/360

2.776%

53,785.00

0.00

0.00

N/A

01/06/32

--

23,250,000.00

23,250,000.00

07/06/25

10A1-B

30321090

RT

Various

Various

Actual/360

4.580%

85,264.33

0.00

0.00

N/A

05/01/32

--

22,340,000.00

22,340,000.00

07/01/25

11

30530209

RT

Various

Various

Actual/360

5.700%

101,234.93

0.00

0.00

N/A

06/06/32

--

21,312,616.00

21,312,616.00

07/06/25

12

30530210

RT

Various

Various

Actual/360

5.700%

99,082.07

0.00

0.00

N/A

06/06/32

--

20,859,384.00

20,859,384.00

07/06/25

13

30321091

SS

League City

TX

Actual/360

5.085%

79,347.19

0.00

0.00

N/A

04/06/32

--

18,725,000.00

18,725,000.00

07/06/25

14

30508966

RT

New York

NY

Actual/360

6.380%

84,269.17

0.00

0.00

N/A

05/06/32

--

15,850,000.00

15,850,000.00

07/06/25

15A2

30321093

Various     Various

CA

Actual/360

5.144%

57,360.04

19,031.89

0.00

N/A

05/06/32

--

13,381,035.44

13,362,003.55

07/06/25

16

30508965

MU

Augusta

GA

Actual/360

5.050%

55,550.00

0.00

0.00

N/A

05/06/32

--

13,200,000.00

13,200,000.00

07/06/25

17

30508989

RT

Various

NJ

Actual/360

5.210%

56,875.83

0.00

0.00

N/A

06/06/32

--

13,100,000.00

13,100,000.00

07/06/25

18

30321094

MH

Ceres

CA

Actual/360

6.295%

65,572.92

0.00

0.00

N/A

06/06/32

--

12,500,000.00

12,500,000.00

07/06/25

19

30508954

OF

Brooklyn

NY

Actual/360

5.150%

47,208.33

0.00

0.00

N/A

05/06/32

--

11,000,000.00

11,000,000.00

07/06/25

20

30321095

OF

Arcadia

CA

Actual/360

5.465%

49,412.71

0.00

0.00

N/A

06/06/32

--

10,850,000.00

10,850,000.00

07/06/25

21

30321096

MH

Various

PA

Actual/360

5.999%

51,241.46

0.00

0.00

N/A

05/06/32

--

10,250,000.00

10,250,000.00

07/06/25

22

30321097

MF

Queens

NY

Actual/360

4.710%

39,250.00

0.00

0.00

N/A

05/06/32

--

10,000,000.00

10,000,000.00

07/06/25

23

30321098

MH

Various

LA

Actual/360

5.760%

44,400.00

0.00

0.00

N/A

06/06/32

--

9,250,000.00

9,250,000.00

07/06/25

24

30509021

IN

St Louis

MO

Actual/360

5.550%

42,411.25

0.00

0.00

N/A

06/06/32

--

9,170,000.00

9,170,000.00

07/06/25

25A5

30321099

OF

West Palm Beach

FL

Actual/360

3.950%

26,333.33

0.00

0.00

N/A

02/06/32

--

8,000,000.00

8,000,000.00

07/06/25

 

 

 

 

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Page 14 of 28

 


 
 

 

                               

 

 

 

 

 

 

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

26A4

30321100

OF

Hoboken

NJ

Actual/360

3.280%

21,866.67

0.00

0.00

N/A

02/06/27

--

8,000,000.00

8,000,000.00

07/06/25

27A4

30320858

OF

Newark

NJ

Actual/360

4.260%

26,625.00

0.00

0.00

N/A

01/06/32

--

7,500,000.00

7,500,000.00

07/06/25

28

30508967

MU

New York

NY

Actual/360

5.650%

34,135.42

0.00

0.00

N/A

05/06/32

--

7,250,000.00

7,250,000.00

07/06/25

29

30508955

IN

Tallahassee

FL

Actual/360

5.710%

26,527.71

0.00

0.00

N/A

05/06/32

--

5,575,000.00

5,575,000.00

07/06/25

30

30321101

RT

Katy

TX

Actual/360

5.250%

15,750.00

0.00

0.00

N/A

04/06/32

--

3,600,000.00

3,600,000.00

07/06/25

31

30508885

SS

Kansas City

MO

Actual/360

5.210%

11,852.75

0.00

0.00

N/A

05/06/32

--

2,730,000.00

2,730,000.00

07/06/25

32

30321102

RT

Mansfield

OH

Actual/360

5.280%

8,514.34

2,705.44

0.00

N/A

04/06/32

--

1,935,078.39

1,932,372.95

07/06/25

Totals

 

 

 

 

 

 

2,571,929.59

80,323.24

0.00

 

 

 

630,721,866.55

630,641,543.31

 

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 28

 


 
 

 

                           

 

 

 

 

 

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

 

1A4

52,898,221.60

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A9

52,898,221.60

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A11

52,898,221.60

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

4,967,560.67

608,536.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A1-1

17,612,613.48

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

3,823,990.30

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

3,769,163.34

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A2

8,631,469.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A2-1

21,308,903.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A4

21,308,903.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

10,382,858.59

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9A5

35,914,495.82

33,982,117.60

07/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A1-B

10,372,169.00

10,369,617.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

2,274,130.52

2,277,882.99

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

2,312,574.24

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

1,975,256.56

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

1,212,922.43

1,220,844.56

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A2

3,563,554.24

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,492,349.16

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,949,737.72

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

1,050,351.57

281,261.60

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

1,138,636.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

885,378.30

394,619.44

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

22

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,060,467.89

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,326,458.93

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25A5

12,858,661.33

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 16 of 28

 


 
 

 

                           

 

 

 

 

 

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

 

26A4

12,365,289.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27A4

11,171,833.60

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

489,354.84

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

608,249.25

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

528,415.39

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

246,640.76

264,906.38

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

182,669.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

355,479,722.08

49,399,785.57

 

 

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 17 of 28

 


 
 

 

           

 

 

 

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 18 of 28

 


 
 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

 

Curtailments

 

Payoff

 

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

       Balance

#

      Balance

#

       Balance

#

      Balance

#

      Balance

#

   Balance

 

#

   Amount

#

 Amount

 

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893275%

4.874240%

73

06/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893307%

4.874272%

74

05/16/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893335%

4.874300%

75

04/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893366%

4.874331%

76

03/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893393%

4.874359%

77

02/18/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893430%

4.874396%

78

01/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893458%

4.874423%

79

12/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893485%

4.874451%

80

11/18/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893515%

4.874481%

81

10/18/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893542%

4.874508%

82

09/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893572%

4.874538%

83

08/16/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

4.893599%

4.874565%

84

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 19 of 28

 


 
 

 

                               

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

No delinquent loans this period

 

 

 

 

 

 

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 20 of 28

 


 
 

 

                 

 

 

 

 

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

 

98,000,000

98,000,000

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

0

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

532,641,543

532,641,543

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

 

REO/Foreclosure

 

 

Jul-25

630,641,543

630,641,543

0

0

0

 

0

 

Jun-25

630,721,867

630,721,867

0

0

0

 

0

 

May-25

630,793,820

630,793,820

0

0

0

 

0

 

Apr-25

630,873,494

630,873,494

0

0

0

 

0

 

Mar-25

630,944,779

630,944,779

0

0

0

 

0

 

Feb-25

631,039,934

631,039,934

0

0

0

 

0

 

Jan-25

631,110,486

631,110,486

0

0

0

 

0

 

Dec-24

631,180,728

631,180,728

0

0

0

 

0

 

Nov-24

631,258,752

631,258,752

0

0

0

 

0

 

Oct-24

631,328,340

631,328,340

0

0

0

 

0

 

Sep-24

631,405,735

631,405,735

0

0

0

 

0

 

Aug-24

631,474,676

631,474,676

0

0

0

 

0

 

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

 

 

 

 

 

 

 

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Page 21 of 28

 


 
 

 

                     

 

 

 

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

1A4

30509037

20,000,000.00

20,000,000.00

954,000,000.00

01/20/22

52,719,471.60

2.19000

12/31/24

06/06/27

I/O

1A9

30509042

20,000,000.00

20,000,000.00

954,000,000.00

01/20/22

52,719,471.60

2.19000

12/31/24

06/06/27

I/O

1A11

30509044

20,000,000.00

20,000,000.00

954,000,000.00

01/20/22

52,719,471.60

2.19000

12/31/24

06/06/27

I/O

Totals

 

60,000,000.00

60,000,000.00

2,862,000,000.00

 

158,158,414.80

 

 

 

 

 

 

 

 

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Page 22 of 28

 


 
 

 

                     

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

Special Servicing Comments

 

 

1A4

30509037

MF

NY

11/22/24

 

98

 

 

 

 

 

"7/11/2025 - The Loan transferred to Special Servicing on 11/22/2024. Special Servicer has entered into Pre-Negotiation Letters with the borrower and with all four mezzanine lenders. We have received a workout proposal from borrower and

 

are negotiating. Also, all of the mezzanines have expressed an interest in negotiating cure scenarios.

 

 

 

 

 

Borrower continues his unit-upgrade capex program. Are trapping property cashflows to keep all mortgage notes current. Are not making any of the mezzanine''s payments, they are all due for December 2024.

 

Are in final stages of negotiations with one of the mezzanine lenders to resolve the default."

 

 

 

 

 

1A9

30509042

Various

Various

11/22/24

 

98

 

 

 

 

 

"7/11/2025 - The Loan transferred to Special Servicing on 11/22/2024. Special Servicer has entered into Pre-Negotiation Letters with the borrower and with all four mezzanine lenders. We have received a workout proposal from borrower and

 

are negotiating. Also, all of the mezzanines have expressed an interest in negotiating cure scenarios.

 

 

 

 

 

Borrower continues his unit-upgrade capex program. Are trapping property cashflows to keep all mortgage notes current. Are not making any of the mezzanine''s payments, they are all due for December 2024.

 

Are in final stages of negotiations with one of the mezzanine lenders to resolve the default."

 

 

 

 

 

1A11

30509044

Various

Various

11/22/24

 

98

 

 

 

 

 

"7/11/2025 - The Loan transferred to Special Servicing on 11/22/2024. Special Servicer has entered into Pre-Negotiation Letters with the borrower and with all four mezzanine lenders. We have received a workout proposal from borrower and

 

are negotiating. Also, all of the mezzanines have expressed an interest in negotiating cure scenarios.

 

 

 

 

 

Borrower continues his unit-upgrade capex program. Are trapping property cashflows to keep all mortgage notes current. Are not making any of the mezzanine''s payments, they are all due for December 2024.

 

Are in final stages of negotiations with one of the mezzanine lenders to resolve the default."

 

 

 

 

 

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 23 of 28

 


 
 

 

                   

 

 

 

 

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

16

30508965

0.00

5.05000%

0.00

5.05000%

8

12/28/23

12/28/23

01/10/24

16

30508965

0.00

5.05000%

0.00

5.05000%

8

01/10/24

12/28/23

12/28/23

Totals

 

0.00

 

0.00

 

 

 

 

 

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 24 of 28

 


 
 

 

                       

 

 

 

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 25 of 28

 


 
 

 

                     

 

 

 

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 26 of 28

 


 
 

 

                         

 

 

 

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)

1B1

0.00

0.00

77,347.22

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1B2

0.00

0.00

38,673.61

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

14

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.43

0.00

0.00

0.00

16

0.00

0.00

0.00

0.00

0.00

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

17.53

0.00

0.00

0.00

Total

0.00

0.00

116,020.83

0.00

0.00

0.00

0.00

0.00

17.96

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

116,038.79

 

 

 

 

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Page 27 of 28

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 28 of 28