EX-99.1 2 bmo23c05_ex991-202508.htm bmo23c05_ex991-202508.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

08/15/25

BMO 2023-C5 Mortgage Trust

Determination Date:

08/11/25

 

Next Distribution Date:

09/17/25

 

Record Date:

07/31/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2023-C5

 

         

Table of Contents

 

 

Contacts

 

Section

Pages

 Role

Party and Contact Information

 

Certificate Distribution Detail

2-3

Depositor

BMO Commercial Mortgage Securities LLC c/o BMO Capital

 

 

 

 

Markets Corp.

 

Certificate Factor Detail

4

 

Attention: Paul Vanderslice, Michael Birajiclian and David Schell

Paul.Vanderslice@bmo.com,

Certificate Interest Reconciliation Detail

5

 

 

Michael.Birajiclian@bmo.com and

 

 

 

 

David.Schell@bmo.com

Additional Information

6

 

151 West 42nd Street | New York, NY 10036 | United States

 

Bond / Collateral Reconciliation - Cash Flows

7

Certificate Administrator

Computershare Trust Company, N.A.

 

Bond / Collateral Reconciliation - Balances

8

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Current Mortgage Loan and Property Stratification

9-13

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

Mortgage Loan Detail (Part 1)

14-15

 

 

 

 

 

Master Servicer

Midland Loan Services, a Division of PNC Bank, National

 

Mortgage Loan Detail (Part 2)

16-17

 

Association

 

Principal Prepayment Detail

18

 

Attention: Executive Vice President – Division Head

NoticeAdmin@midlandls.com;

 

 

 

 

AskMidland@midlandls.com

Historical Detail

19

 

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

 

Delinquency Loan Detail

20

Special Servicer

Rialto Capital Advisors, LLC

 

Collateral Stratification and Historical Detail

21

 

Attention: Liat Heller

liat.heller@rialtocapital.com

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

Asset Representations

Park Bridge Lender Services LLC

 

 

 

Reviewer & Operating

 

 

Modified Loan Detail

24

Advisor

 

 

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

Computershare Trust Company, N.A.

 

Interest Shortfall Detail - Collateral Level

27

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Supplemental Notes

28

 

 

trustadministrationgroup@computershare.com

 

 

 

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

 

 

 

Controlling Class

RREF III-D AIV RR, 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

055988AA7

5.739600%

12,893,000.00

7,582,859.93

207,109.22

36,268.82

0.00

0.00

243,378.04

7,375,750.71

30.26%

30.00%

A-2

055988AB5

6.517600%

111,092,000.00

111,092,000.00

0.00

603,377.68

0.00

0.00

603,377.68

111,092,000.00

30.26%

30.00%

A-4

055988AC3

5.494300%

95,000,000.00

95,000,000.00

0.00

434,965.42

0.00

0.00

434,965.42

95,000,000.00

30.26%

30.00%

A-5

055988AD1

5.765300%

217,830,000.00

217,830,000.00

0.00

1,046,546.08

0.00

0.00

1,046,546.08

217,830,000.00

30.26%

30.00%

A-SB

055988AE9

5.994900%

13,883,000.00

13,883,000.00

0.00

69,356.00

0.00

0.00

69,356.00

13,883,000.00

30.26%

30.00%

A-S

055988AH2

6.162000%

70,824,000.00

70,824,000.00

0.00

363,681.24

0.00

0.00

363,681.24

70,824,000.00

19.16%

19.00%

B

055988AJ8

6.694710%

31,388,000.00

31,388,000.00

0.00

175,111.30

0.00

0.00

175,111.30

31,388,000.00

14.25%

14.13%

C

055988AK5

6.845410%

24,145,000.00

24,145,000.00

0.00

137,735.35

0.00

0.00

137,735.35

24,145,000.00

10.46%

10.38%

D

055988AQ2

4.000000%

12,877,000.00

12,877,000.00

0.00

42,923.33

0.00

0.00

42,923.33

12,877,000.00

8.45%

8.38%

E

055988AS8

4.000000%

6,438,000.00

6,438,000.00

0.00

21,460.00

0.00

0.00

21,460.00

6,438,000.00

7.44%

7.38%

F-RR

055988AU3

4.000000%

12,073,000.00

12,073,000.00

0.00

40,243.33

0.00

0.00

40,243.33

12,073,000.00

5.55%

5.50%

G-RR

055988AY5

4.000000%

8,048,000.00

8,048,000.00

0.00

26,826.67

0.00

0.00

26,826.67

8,048,000.00

4.29%

4.25%

J-RR*

055988BC2

4.000000%

27,364,241.00

27,364,241.00

0.00

42,926.56

0.00

0.00

42,926.56

27,364,241.00

0.00%

0.00%

R

055988BG3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

VRR Interest

N/A

6.845410%

13,743,821.00

13,630,470.03

4,420.98

75,971.28

0.00

0.00

80,392.26

13,626,049.05

0.00%

0.00%

Regular SubTotal

 

 

657,599,062.00

652,175,570.96

211,530.20

3,117,393.06

0.00

0.00

3,328,923.26

651,964,040.76

 

 

 

 

X-A

055988AF6

0.943550%

450,698,000.00

445,387,859.93

0.00

350,204.76

0.00

0.00

350,204.76

445,180,750.71

 

 

X-B

055988AG4

0.420491%

126,357,000.00

126,357,000.00

0.00

44,276.67

0.00

0.00

44,276.67

126,357,000.00

 

 

X-D

055988AL3

2.845410%

12,877,000.00

12,877,000.00

0.00

30,533.62

0.00

0.00

30,533.62

12,877,000.00

 

 

X-E

055988AN9

2.845410%

6,438,000.00

6,438,000.00

0.00

15,265.62

0.00

0.00

15,265.62

6,438,000.00

 

 

XFRR

055988AW9

2.845410%

12,073,000.00

12,073,000.00

0.00

28,627.20

0.00

0.00

28,627.20

12,073,000.00

 

 

XGRR

055988BA6

2.845410%

8,048,000.00

8,048,000.00

0.00

19,083.22

0.00

0.00

19,083.22

8,048,000.00

 

 

 

 

 

 

 

 

 

 

 

 

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

 

XJRR

055988BE8

2.845410%

27,364,241.00

27,364,241.00

0.00

29,605.32

0.00

0.00

29,605.32

27,364,241.00

 

Notional SubTotal

 

643,855,241.00

638,545,100.93

0.00

517,596.41

0.00

0.00

517,596.41

638,337,991.71

 

 

Deal Distribution Total

 

 

 

211,530.20

3,634,989.47

0.00

0.00

3,846,519.67

 

 

 

*

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

055988AA7

588.13774374

16.06369503

2.81306290

0.00000000

0.00000000

0.00000000

0.00000000

18.87675793

572.07404871

A-2

055988AB5

1,000.00000000

0.00000000

5.43133331

0.00000000

0.00000000

0.00000000

0.00000000

5.43133331

1,000.00000000

A-4

055988AC3

1,000.00000000

0.00000000

4.57858337

0.00000000

0.00000000

0.00000000

0.00000000

4.57858337

1,000.00000000

A-5

055988AD1

1,000.00000000

0.00000000

4.80441666

0.00000000

0.00000000

0.00000000

0.00000000

4.80441666

1,000.00000000

A-SB

055988AE9

1,000.00000000

0.00000000

4.99575020

0.00000000

0.00000000

0.00000000

0.00000000

4.99575020

1,000.00000000

A-S

055988AH2

1,000.00000000

0.00000000

5.13500000

0.00000000

0.00000000

0.00000000

0.00000000

5.13500000

1,000.00000000

B

055988AJ8

1,000.00000000

0.00000000

5.57892507

0.00000000

0.00000000

0.00000000

0.00000000

5.57892507

1,000.00000000

C

055988AK5

1,000.00000000

0.00000000

5.70450818

0.00000000

0.00000000

0.00000000

0.00000000

5.70450818

1,000.00000000

D

055988AQ2

1,000.00000000

0.00000000

3.33333307

0.00000000

0.00000000

0.00000000

0.00000000

3.33333307

1,000.00000000

E

055988AS8

1,000.00000000

0.00000000

3.33333333

0.00000000

0.00000000

0.00000000

0.00000000

3.33333333

1,000.00000000

F-RR

055988AU3

1,000.00000000

0.00000000

3.33333306

0.00000000

0.00000000

0.00000000

0.00000000

3.33333306

1,000.00000000

G-RR

055988AY5

1,000.00000000

0.00000000

3.33333375

0.00000000

0.00000000

0.00000000

0.00000000

3.33333375

1,000.00000000

J-RR

055988BC2

1,000.00000000

0.00000000

1.56871005

1.76462340

8.51878223

0.00000000

0.00000000

1.56871005

1,000.00000000

R

055988BG3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

VRR Interest

N/A

991.75258685

0.32167037

5.52766803

0.12979287

0.61532161

0.00000000

0.00000000

5.84933840

991.43091648

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

055988AF6

988.21796398

0.00000000

0.77702754

0.00000000

0.00000000

0.00000000

0.00000000

0.77702754

987.75843405

X-B

055988AG4

1,000.00000000

0.00000000

0.35040932

0.00000000

0.00000000

0.00000000

0.00000000

0.35040932

1,000.00000000

X-D

055988AL3

1,000.00000000

0.00000000

2.37117496

0.00000000

0.00000000

0.00000000

0.00000000

2.37117496

1,000.00000000

X-E

055988AN9

1,000.00000000

0.00000000

2.37117428

0.00000000

0.00000000

0.00000000

0.00000000

2.37117428

1,000.00000000

XFRR

055988AW9

1,000.00000000

0.00000000

2.37117535

0.00000000

0.00000000

0.00000000

0.00000000

2.37117535

1,000.00000000

XGRR

055988BA6

1,000.00000000

0.00000000

2.37117545

0.00000000

0.00000000

0.00000000

0.00000000

2.37117545

1,000.00000000

XJRR

055988BE8

1,000.00000000

0.00000000

1.08189809

1.28927676

5.87518068

0.00000000

0.00000000

1.08189809

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

07/01/25 - 07/30/25

30

0.00

36,268.82

0.00

36,268.82

0.00

0.00

0.00

36,268.82

0.00

 

A-2

07/01/25 - 07/30/25

30

0.00

603,377.68

0.00

603,377.68

0.00

0.00

0.00

603,377.68

0.00

 

A-4

07/01/25 - 07/30/25

30

0.00

434,965.42

0.00

434,965.42

0.00

0.00

0.00

434,965.42

0.00

 

A-5

07/01/25 - 07/30/25

30

0.00

1,046,546.08

0.00

1,046,546.08

0.00

0.00

0.00

1,046,546.08

0.00

 

A-SB

07/01/25 - 07/30/25

30

0.00

69,356.00

0.00

69,356.00

0.00

0.00

0.00

69,356.00

0.00

 

X-A

07/01/25 - 07/30/25

30

0.00

350,204.76

0.00

350,204.76

0.00

0.00

0.00

350,204.76

0.00

 

X-B

07/01/25 - 07/30/25

30

0.00

44,276.67

0.00

44,276.67

0.00

0.00

0.00

44,276.67

0.00

 

X-D

07/01/25 - 07/30/25

30

0.00

30,533.62

0.00

30,533.62

0.00

0.00

0.00

30,533.62

0.00

 

X-E

07/01/25 - 07/30/25

30

0.00

15,265.62

0.00

15,265.62

0.00

0.00

0.00

15,265.62

0.00

 

A-S

07/01/25 - 07/30/25

30

0.00

363,681.24

0.00

363,681.24

0.00

0.00

0.00

363,681.24

0.00

 

B

07/01/25 - 07/30/25

30

0.00

175,111.30

0.00

175,111.30

0.00

0.00

0.00

175,111.30

0.00

 

C

07/01/25 - 07/30/25

30

0.00

137,735.35

0.00

137,735.35

0.00

0.00

0.00

137,735.35

0.00

 

D

07/01/25 - 07/30/25

30

0.00

42,923.33

0.00

42,923.33

0.00

0.00

0.00

42,923.33

0.00

 

E

07/01/25 - 07/30/25

30

0.00

21,460.00

0.00

21,460.00

0.00

0.00

0.00

21,460.00

0.00

 

F-RR

07/01/25 - 07/30/25

30

0.00

40,243.33

0.00

40,243.33

0.00

0.00

0.00

40,243.33

0.00

 

G-RR

07/01/25 - 07/30/25

30

0.00

26,826.67

0.00

26,826.67

0.00

0.00

0.00

26,826.67

0.00

 

J-RR

07/01/25 - 07/30/25

30

184,208.41

91,214.14

0.00

91,214.14

48,287.58

0.00

0.00

42,926.56

233,110.01

 

XFRR

07/01/25 - 07/30/25

30

0.00

28,627.20

0.00

28,627.20

0.00

0.00

0.00

28,627.20

0.00

 

XGRR

07/01/25 - 07/30/25

30

0.00

19,083.22

0.00

19,083.22

0.00

0.00

0.00

19,083.22

0.00

 

XJRR

07/01/25 - 07/30/25

30

124,777.98

64,885.40

0.00

64,885.40

35,280.08

0.00

0.00

29,605.32

160,769.86

 

VRR Interest

07/01/25 - 07/30/25

30

6,635.17

77,755.13

0.00

77,755.13

1,783.85

0.00

0.00

75,971.28

8,456.87

 

Totals

 

 

315,621.56

3,720,340.98

0.00

3,720,340.98

85,351.51

0.00

0.00

3,634,989.47

402,336.74

 

 

 

 

 

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Page 5 of 28

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

3,846,519.67

 

(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

3,734,593.80

Master Servicing Fee

5,047.13

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,559.08

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

280.80

ARD Interest

0.00

Operating Advisor Fee

1,152.39

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

213.41

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,734,593.80

Total Fees

14,252.81

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

211,530.20

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

61,955.68

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

23,395.83

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

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

211,530.20

Total Expenses/Reimbursements

85,351.51

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,634,989.47

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

211,530.20

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

3,846,519.67

Total Funds Collected

3,946,124.00

Total Funds Distributed

3,946,123.99

 

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Page 7 of 28

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

       Total

 

     Total

Beginning Scheduled Collateral Balance

652,175,571.83

652,175,571.83

Beginning Certificate Balance

652,175,570.96

(-) Scheduled Principal Collections

211,530.20

211,530.20

(-) Principal Distributions

211,530.20

(-) 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

651,964,041.63

651,964,041.63

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

652,175,571.83

652,175,571.83

Ending Certificate Balance

651,964,040.76

Ending Actual Collateral Balance

651,964,041.63

651,964,041.63

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

            Principal

        (WODRA) from Principal

Beginning UC / (OC)

(0.87)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.87)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

6.85%

 

 

 

 

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

 

$4,999,999 or less

5

18,496,378.37

2.84%

91

6.7177

1.437696

1.49 or less

14

290,979,671.91

44.63%

87

7.0108

1.016898

$5,000,000 to $9,999,999

9

67,170,014.25

10.30%

84

6.8848

1.637668

1.50 to 1.59

3

22,816,872.63

3.50%

92

6.8213

1.573177

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

14

190,661,872.63

29.24%

75

6.2513

1.772835

1.60 to 1.69

4

72,985,821.79

11.19%

67

6.5513

1.644305

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

5

131,669,685.00

20.20%

80

7.0349

1.035193

1.70 to 1.79

2

46,716,000.00

7.17%

93

6.2432

1.790000

 

$30,000,000 or greater

6

243,966,091.38

37.42%

85

6.6836

1.622696

1.80 to 1.89

3

36,631,000.00

5.62%

65

6.5656

1.861969

 

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

1.90 to 1.99

2

33,000,000.00

5.06%

89

5.5388

1.963030

 

 

 

 

 

 

 

 

2.00 or greater

11

148,834,675.30

22.83%

74

6.3610

2.273549

 

 

 

 

 

 

 

 

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

(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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Alabama

22

6,264,111.02

0.96%

93

6.9100

2.290000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

22

164,667,107.91

25.26%

80

6.3361

1.911703

California

30

52,660,000.01

8.08%

70

5.0023

1.907619

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

6

97,197,224.11

14.91%

88

7.3906

0.948353

Connecticut

1

565,411.76

0.09%

31

6.1380

2.220000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

1

15,000,000.00

2.30%

90

5.9411

1.300000

Florida

15

60,006,164.77

9.20%

90

6.6333

1.594144

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

16

77,297,000.00

11.86%

92

6.8782

1.412081

Georgia

5

9,304,529.41

1.43%

78

6.6149

1.624908

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

8

75,438,176.47

11.57%

67

6.2922

1.443222

Illinois

8

22,327,000.00

3.42%

93

6.7841

1.968856

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

1

29,500,000.00

4.52%

92

6.8300

1.070000

Indiana

2

56,130,821.79

8.61%

74

6.8317

1.719659

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

134

183,531,533.14

28.15%

77

6.6211

1.724242

Kansas

6

16,914,327.26

2.59%

88

6.8093

2.011773

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

2

9,333,000.00

1.43%

93

6.6075

1.530004

Louisiana

57

13,507,104.89

2.07%

93

6.9100

2.290000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

190

651,964,041.63

100.00%

81

6.6499

1.544246

Michigan

1

37,500,000.00

5.75%

90

6.5210

2.450000

 

 

 

 

 

 

 

 

Mississippi

9

2,746,713.01

0.42%

93

6.9100

2.290000

 

 

 

 

 

 

 

 

Missouri

5

16,743,491.72

2.57%

94

7.1264

0.944850

 

 

 

 

 

 

 

 

Nevada

3

1,041,176.47

0.16%

31

6.1380

2.220000

 

 

 

 

 

 

 

 

New Jersey

3

69,000,009.70

10.58%

67

6.6784

0.895797

 

 

 

 

 

 

 

 

New York

4

97,000,000.00

14.88%

76

6.9893

0.969691

 

 

 

 

 

 

 

 

North Carolina

2

64,865,151.94

9.95%

92

6.8949

1.406249

 

 

 

 

 

 

 

 

Ohio

3

39,000,000.00

5.98%

92

6.9100

1.490000

 

 

 

 

 

 

 

 

Oklahoma

3

11,480,762.64

1.76%

63

6.5079

2.097986

 

 

 

 

 

 

 

 

Pennsylvania

3

27,836,000.00

4.27%

82

6.1562

2.005170

 

 

 

 

 

 

 

 

South Carolina

1

7,350,000.00

1.13%

32

7.6500

2.710000

 

 

 

 

 

 

 

 

Texas

2

16,046,872.63

2.46%

92

7.0011

1.582012

 

 

 

 

 

 

 

 

Virginia

3

12,958,000.00

1.99%

92

6.5341

1.546788

 

 

 

 

 

 

 

 

Washington

2

10,716,392.62

1.64%

91

7.2983

0.725335

 

 

 

 

 

 

 

 

Totals

190

651,964,041.63

100.00%

81

6.6499

1.544246

 

 

 

 

 

 

 

 

 

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

 

3.99999% or less

1

15,000,000.00

2.30%

76

3.7000

2.210000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.00000% to 4.99999%

1

10,000,000.00

1.53%

79

4.1100

1.970000

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.00000% to 5.99999%

3

45,000,000.00

6.90%

51

5.8737

1.526667

25 months to 36 months

37

626,964,041.63

96.17%

81

6.7609

1.521527

 

6.00000% to 6.49999%

5

115,865,000.00

17.77%

68

6.1930

1.942030

37 months to 48 months

2

25,000,000.00

3.83%

77

3.8640

2.114000

 

6.50000% to 6.99999%

19

301,739,944.89

46.28%

92

6.7837

1.649219

49 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

7.00000% to 7.49999%

6

89,009,087.04

13.65%

93

7.1094

1.449693

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

 

7.50000% or greater

4

75,350,009.70

11.56%

65

7.6614

0.445368

 

 

 

 

 

 

 

 

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

 

 

 

 

 

 

 

(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

 

60 months or less

6

112,350,000.00

17.23%

32

6.5526

1.614584

Interest Only

27

435,118,000.00

66.74%

77

6.4201

1.650561

 

61 to 114 months

33

539,614,041.63

82.77%

91

6.6701

1.529601

298 months or less

1

25,169,675.30

3.86%

93

6.9100

2.290000

 

115 months or greater

0

0.00

0.00%

0

0.0000

0.000000

345 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

(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

Underwriter's Information

2

78,130,821.79

11.98%

92

6.9951

1.570134

 

 

No outstanding loans in this group

 

 

12 months or less

32

493,726,219.84

75.73%

82

6.6157

1.538969

 

 

 

 

 

 

13 months to 24 months

5

80,107,000.00

12.29%

69

6.5234

1.551523

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

39

651,964,041.63

100.00%

81

6.6499

1.544246

 

 

 

 

 

(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

1A1

30321674

RT

Raleigh

NC

Actual/360

6.910%

378,705.96

49,818.98

0.00

N/A

05/06/33

--

63,645,088.57

63,595,269.59

08/06/25

2

30321677

IN

Various

FL

Actual/360

6.210%

225,878.40

0.00

0.00

N/A

05/01/33

--

42,240,000.00

42,240,000.00

08/01/25

3A1

30509712

LO

Indianapolis

IN

Actual/360

7.080%

238,747.59

29,525.97

0.00

N/A

04/06/33

--

39,160,347.76

39,130,821.79

08/06/25

4

30509702

MF

Cincinnati

OH

Actual/360

6.910%

232,060.83

0.00

0.00

N/A

04/06/33

--

39,000,000.00

39,000,000.00

01/06/25

5A2-1-A

30530247

RT

Auburn Hills

MI

Actual/360

6.521%

70,191.32

0.00

0.00

N/A

02/01/33

--

12,500,000.00

12,500,000.00

08/01/25

5A2-3

30530249

 

 

 

Actual/360

6.521%

84,229.58

0.00

0.00

N/A

02/01/33

--

15,000,000.00

15,000,000.00

08/01/25

5A3-3

30530252

 

 

 

Actual/360

6.521%

56,153.06

0.00

0.00

N/A

02/01/33

--

10,000,000.00

10,000,000.00

08/01/25

6A6

30321678

Various      Various

Various

Actual/360

6.138%

158,565.00

0.00

0.00

N/A

03/11/28

--

30,000,000.00

30,000,000.00

07/11/25

7A2-2

30509855

OF

Jersey City

NJ

Actual/360

5.840%

75,433.33

0.00

0.00

N/A

04/06/28

--

15,000,000.00

15,000,000.00

07/06/25

7A6-1

30509708

 

 

 

Actual/360

5.840%

75,433.33

0.00

0.00

N/A

04/06/28

--

15,000,000.00

15,000,000.00

07/06/25

8A

30509756

OF

Rosedale

NY

Actual/360

6.605%

170,629.17

0.00

0.00

N/A

05/06/33

--

30,000,000.00

30,000,000.00

08/06/25

9

30509688

98

Harrison

NY

Actual/360

6.830%

173,500.97

0.00

0.00

N/A

04/06/33

--

29,500,000.00

29,500,000.00

08/06/25

10

30509791

RT

Bohemia

NY

Actual/360

7.650%

184,450.00

0.00

0.00

N/A

06/06/28

--

28,000,000.00

28,000,000.00

08/06/25

11A1

30509753

RT

Various

Various

Actual/360

6.910%

150,361.02

99,904.13

0.00

N/A

05/06/33

--

25,269,579.43

25,169,675.30

08/06/25

12

30321679

LO

Cape May

NJ

Actual/360

7.500%

168,017.01

15,526.80

0.00

N/A

06/06/33

--

26,015,536.50

26,000,009.70

08/06/25

13

30321680

IN

Philadelphia

PA

Actual/360

6.160%

122,002.22

0.00

0.00

N/A

05/01/33

--

23,000,000.00

23,000,000.00

08/01/25

14A2

30321578

IN

Various

Various

Actual/360

6.805%

46,878.89

0.00

0.00

N/A

12/06/32

--

8,000,000.00

8,000,000.00

08/06/25

14A4

30321580

 

 

 

Actual/360

6.805%

49,808.82

0.00

0.00

N/A

12/06/32

--

8,500,000.00

8,500,000.00

08/06/25

14A5

30321581

 

 

 

Actual/360

6.805%

35,715.85

0.00

0.00

N/A

12/06/32

--

6,095,000.00

6,095,000.00

08/06/25

15

30321681

IN

Indianapolis

IN

Actual/360

6.260%

91,639.44

0.00

0.00

N/A

05/06/28

--

17,000,000.00

17,000,000.00

08/06/25

16

30321682

MF

Branson

MO

Actual/360

7.140%

96,836.25

0.00

0.00

N/A

06/06/33

--

15,750,000.00

15,750,000.00

12/06/24

17A9

30530262

MU

West Hollywood

CA

Actual/360

5.941%

76,738.84

0.00

0.00

N/A

02/06/33

--

15,000,000.00

15,000,000.00

08/06/25

18A2-C

30509366

RT

La Habra

CA

Actual/360

3.700%

47,791.67

0.00

0.00

N/A

12/05/31

--

15,000,000.00

15,000,000.00

08/05/25

19

30509689

LO

Kissimmee

FL

Actual/360

7.990%

96,323.89

0.00

0.00

N/A

04/06/33

--

14,000,000.00

14,000,000.00

08/06/25

20

30509776

IN

Edgewater Park

NJ

Actual/360

6.970%

78,025.28

0.00

0.00

N/A

06/06/33

--

13,000,000.00

13,000,000.00

08/06/25

21

30321683

IN

San Antonio

TX

Actual/360

7.090%

74,490.29

9,093.76

0.00

N/A

05/06/33

--

12,200,966.39

12,191,872.63

08/06/25

22

30509787

IN

Loves Park

IL

Actual/360

7.010%

67,728.28

0.00

0.00

N/A

06/05/33

--

11,220,000.00

11,220,000.00

08/05/25

23A1

30508519

IN

San Francisco

CA

Actual/360

4.110%

35,391.67

0.00

0.00

N/A

03/05/32

--

10,000,000.00

10,000,000.00

08/05/25

 

 

 

 

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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

24

30509769

OF

Brooklyn

NY

Actual/360

6.750%

55,218.75

0.00

0.00

N/A

05/06/33

--

9,500,000.00

9,500,000.00

08/06/25

25

30321684

MF

Macon

GA

Actual/360

6.723%

43,911.46

0.00

0.00

N/A

01/01/33

--

7,585,000.00

7,585,000.00

08/01/25

26

30509681

LO

Aiken

SC

Actual/360

7.650%

48,418.13

0.00

0.00

N/A

04/06/28

--

7,350,000.00

7,350,000.00

08/06/25

27

30321685

SS

Springfield

VA

Actual/360

6.600%

39,783.33

0.00

0.00

N/A

05/01/33

--

7,000,000.00

7,000,000.00

08/01/25

28

30509630

LO

Seattle

WA

Actual/360

7.325%

41,083.96

4,618.18

0.00

N/A

03/06/33

--

6,513,632.43

6,509,014.25

08/06/25

29

30321686

MF

Chicago

IL

Actual/360

6.556%

37,434.94

0.00

0.00

N/A

03/01/33

--

6,631,000.00

6,631,000.00

11/01/24

30

30321687

MF

Chicago

IL

Actual/360

6.556%

25,269.01

0.00

0.00

N/A

03/01/33

--

4,476,000.00

4,476,000.00

11/01/24

31

30509637

LO

SeaTac

WA

Actual/360

7.258%

26,313.08

3,042.38

0.00

N/A

03/06/33

--

4,210,420.75

4,207,378.37

08/06/25

32

30321688

MF

College Station

TX

Actual/360

6.720%

22,307.60

0.00

0.00

N/A

01/01/33

--

3,855,000.00

3,855,000.00

06/01/25

33

30321689

OF

Richmond

VA

Actual/360

6.345%

19,806.09

0.00

0.00

N/A

01/06/33

--

3,625,000.00

3,625,000.00

08/06/25

34

30321690

SS

Alexandria

VA

Actual/360

6.630%

13,319.49

0.00

0.00

N/A

06/01/33

--

2,333,000.00

2,333,000.00

08/01/25

Totals

 

 

 

 

 

 

3,734,593.80

211,530.20

0.00

 

 

 

652,175,571.83

651,964,041.63

 

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

 

1A1

9,714,172.50

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

4,916,629.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

0.00

0.00

--

--

07/11/25

9,750,000.00

114,117.66

173,432.15

1,472,304.82

52,011.79

0.00

 

 

5A2-1-A

30,103,617.31

7,753,524.61

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A2-3

30,103,617.31

7,753,524.61

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A3-3

30,103,617.31

7,753,524.61

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A6

62,372,400.00

0.00

--

--

--

0.00

0.00

158,242.08

158,242.08

0.00

0.00

 

 

7A2-2

23,607,527.75

0.00

--

--

--

0.00

0.00

75,401.04

75,401.04

0.00

0.00

 

 

7A6-1

23,607,527.75

0.00

--

--

--

0.00

0.00

75,401.04

75,401.04

0.00

0.00

 

 

8A

4,276,685.51

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

2,183,679.03

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

1,896,761.51

312,602.52

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A1

10,347,749.99

3,258,840.92

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

3,870,164.24

(226,819.16)

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

3,020,921.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A2

8,255,146.00

2,149,051.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A4

8,255,146.00

2,149,051.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A5

8,255,146.00

2,149,051.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

2,179,206.94

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,053,538.58

0.00

--

--

07/11/25

644,540.58

7,795.13

92,618.57

751,010.32

0.00

0.00

 

 

17A9

23,923,223.60

5,218,863.72

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18A2-C

7,769,928.63

8,003,985.26

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

468,979.85

296,367.45

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

1,825,590.73

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

1,700,766.36

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

1,516,815.44

1,816,685.69

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23A1

3,115,914.84

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

 

24

422,760.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

803,030.52

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,713,790.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

745,419.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

542,139.27

118,485.63

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

9,746.60

0.00

 

 

29

0.00

0.00

--

--

04/11/25

0.00

0.00

36,620.45

323,320.49

0.00

0.00

 

 

30

0.00

0.00

--

--

04/11/25

0.00

0.00

24,719.22

218,245.01

0.00

0.00

 

 

31

275,088.05

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

375,949.00

402,087.58

01/01/25

06/30/25

--

0.00

0.00

21,834.09

43,070.92

0.00

0.00

 

 

33

403,773.12

414,572.50

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

228,178.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

313,954,601.50

49,323,398.94

 

 

 

10,394,540.58

121,912.79

658,268.64

3,116,995.72

61,758.39

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

08/15/25

1

3,855,000.00

0

0.00

4

65,857,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.649856%

6.624476%

81

07/17/25

1

3,855,000.00

0

0.00

4

65,857,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.649969%

6.624590%

82

06/17/25

1

30,000,000.00

0

0.00

4

65,857,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650104%

6.624727%

83

05/16/25

0

0.00

0

0.00

4

65,857,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650216%

6.624840%

84

04/17/25

0

0.00

1

39,000,000.00

3

26,857,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650349%

6.624975%

85

03/17/25

1

39,000,000.00

1

15,750,000.00

2

11,107,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650459%

6.625087%

86

02/18/25

1

39,000,000.00

3

26,857,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650636%

6.625266%

87

01/17/25

1

15,750,000.00

0

0.00

3

50,107,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650744%

6.625375%

88

12/17/24

0

0.00

2

11,107,000.00

1

39,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650852%

6.625484%

89

11/18/24

0

0.00

0

0.00

3

50,107,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.650981%

6.625615%

90

10/18/24

0

0.00

3

50,107,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.651086%

6.625722%

91

09/17/24

3

50,107,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.651214%

6.625851%

92

(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

4

30509702

01/06/25

6

6

 

173,432.15

1,472,304.82

57,721.79

 

39,000,000.00

07/26/24

2

 

 

 

 

6A6

30321678

07/11/25

0

A

 

158,242.08

158,242.08

0.00

 

30,000,000.00

03/31/25

11

 

 

 

 

7A2-2

30509855

07/06/25

0

A

 

75,401.04

75,401.04

0.00

 

15,000,000.00

 

 

 

 

 

 

7A6-1

30509708

07/06/25

0

A

 

75,401.04

75,401.04

0.00

 

15,000,000.00

 

 

 

 

 

 

16

30321682

12/06/24

7

6

 

92,618.57

751,010.32

13,032.44

 

15,750,000.00

02/06/25

98

 

 

 

 

29

30321686

11/01/24

8

6

 

36,620.45

323,320.49

2,301.75

 

6,631,000.00

07/26/24

2

 

 

 

 

30

30321687

11/01/24

8

6

 

24,719.22

218,245.01

2,301.75

 

4,476,000.00

07/26/24

2

 

 

 

 

32

30321688

06/01/25

1

1

 

21,834.09

43,070.92

0.00

 

3,855,000.00

 

 

 

 

 

 

Totals

 

 

 

 

 

658,268.64

3,116,995.72

75,357.73

      129,712,000.00

 

 

 

 

 

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

 

0

0

0

 

 

0

 

25 - 36 Months

 

112,350,000

112,350,000

0

 

 

0

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

539,614,042

469,902,042

     69,712,000

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

    Total

     Current

     30-59 Days

     60-89 Days

  90+ Days

    REO/Foreclosure

 

 

Aug-25

651,964,042

582,252,042

3,855,000

0

65,857,000

0

 

Jul-25

652,175,572

582,463,572

3,855,000

0

65,857,000

0

 

Jun-25

652,420,437

556,563,437

30,000,000

0

65,857,000

0

 

May-25

652,629,231

586,772,231

0

0

65,857,000

0

 

Apr-25

652,871,463

587,014,463

0

39,000,000

26,857,000

0

 

Mar-25

653,077,553

587,220,553

39,000,000

15,750,000

11,107,000

0

 

Feb-25

653,386,775

587,529,775

39,000,000

26,857,000

0

 

0

 

Jan-25

653,589,771

587,732,771

15,750,000

0

50,107,000

0

 

Dec-24

653,791,550

603,684,550

0

11,107,000

39,000,000

0

 

Nov-24

654,027,034

603,920,034

0

0

50,107,000

0

 

Oct-24

654,226,193

604,119,193

0

50,107,000

0

 

0

 

Sep-24

654,459,154

604,352,154

50,107,000

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

4

30509702

39,000,000.00

39,000,000.00

60,600,000.00

03/02/23

4,158,572.38

1.49000

--

04/06/33

I/O

6A6

30321678

30,000,000.00

30,000,000.00

1,051,080,000.00

--

58,824,426.00

2.22000

06/30/24

03/11/28

I/O

16

30321682

15,750,000.00

15,750,000.00

26,500,000.00

03/16/23

978,538.58

0.86000

09/30/24

06/06/33

I/O

29

30321686

6,631,000.00

6,631,000.00

8,300,000.00

03/21/25

792,813.00

1.80000

12/31/23

03/01/33

333

30

30321687

4,476,000.00

4,476,000.00

5,800,000.00

03/21/25

533,951.00

1.79000

12/31/23

03/01/33

333

Totals

 

95,857,000.00

95,857,000.00

1,152,280,000.00

 

65,288,300.96

 

 

 

 

 

 

 

 

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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

 

4

30509702

MF

OH

07/26/24

2

 

 

 

 

8/11/2025 - Borrower remains non-compliant with cash management and reporting requirements. Foreclosure complaint was filed on 7/2/25.

 

 

 

 

 

6A6

30321678

Various

Various

03/31/25

11

 

 

 

 

7/8/2025 - The Loan transferred to SS on 3/31/25 due to a potential default associated with properties with a total ALA representing over 40% of total $425MM ALA having been rejected in BK court. The subject Loan is a $425MM1st lien, fixed-

 

rate, interest -only, mortgage loan. The $425MM Loan is comprised of 9 notes, secured by the fee and leasehold interest in 42, primarily grocery store properties. The 42 Properties, which were 100% leased to six tenants, pursuant to triple net

 

(GÇ£NNNGÇ¥) leases, consisted of 31 retail Properties, 7 industrial, and 4 office Properties located in 8 states. In 3Q24, the tenants in the 3 largest properties filed BK. The BKGÇÖs ultimately resulted in the rejection of leases on 9 of the

 

pools 42 properties by 3/31/25. Those lease rejections represented 45% of the LoanGÇÖs ALA. The Borrower contacted the Master in 3/25 and self-reported. The 2023 UW appraisals have GÇ£go darkGÇ¥ values that allow the Trust to

 

quantify the potential diminution of value associated with t he subject buildings going dark. The go dark values indicate a drop $178.1MM, which results in a Loan LTV of only 48.68%. The Borrower has entered into a 6-mos. forbearance, which

 

requires the Loan remains current, while the Borrower works to get below the 40% level. The BorrowerGÇÖs marketing efforts for the 9 dark properties produced sale of the smallest dark property (ALA $250M) in June and Lender received net

 

proceeds of $450M. The net proceeds will be held until the ALA default is resolved.

 

 

 

16

30321682

MF

MO

02/06/25

98

 

 

 

 

8/11/2025 - Special Servicer is in the process of determining next steps for this Loan. Borrower has executed PNL and is cooperating with Special Servicer. As of 7/28/2025, Borrower and Special Servicer are working to finalize an Equity

 

Transfer, in connection with a Bring-Current to return the Loan to the Master Servicer.

 

 

 

 

 

29

30321686

MF

IL

07/26/24

2

 

 

 

 

8/11/2025 - Borrower remains non-compliant with cash management and reporting requirements. Foreclosure complaint was filed on 6/5/25. Receivership hearing scheduled for 7/30/25.

 

 

 

 

30

30321687

MF

IL

07/26/24

2

 

 

 

 

8/11/2025 - Borrower remains non-compliant with cash management and reporting requirements. Foreclosure complaint was filed on 6/5/25. Receivership order entered on 7/22/25.

 

 

 

 

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

14A2

 

30321578

0.00

         6.80500%

0.00

          6.80500%

8

04/08/24

04/08/24

04/26/24

14A4

 

30321580

0.00

         6.80500%

0.00

          6.80500%

8

04/08/24

04/08/24

04/26/24

14A5

 

30321581

0.00

          6.80500%

0.00

          6.80500%

8

04/08/24

04/08/24

04/26/24

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)

4

0.00

0.00

8,395.83

0.00

0.00

57,994.22

0.00

0.00

0.00

0.00

0.00

0.00

16

0.00

0.00

5,000.00

0.00

0.00

3,961.46

0.00

0.00

0.00

0.00

0.00

0.00

29

0.00

0.00

5,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

30

0.00

0.00

5,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

23,395.83

0.00

0.00

61,955.68

0.00

0.00

0.00

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

85,351.51

 

 

 

 

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Page 27 of 28

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 28 of 28