EX-99.1 2 bak23b46_ex991-202507.htm bak23b46_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

BANK 2023-BNK46

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2023-BNK46

 

           

Table of Contents

 

 

Contacts

 

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2-3

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

 

 

Certificate Factor Detail

4

 

Attention: A.J. Sfarra

 

cmbsnotices@wellsfargo.com

 

Certificate Interest Reconciliation Detail

5

 

30 Hudson Yards, 15th Floor | New York, NY 10001 | United States

 

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

 

Exchangeable Certificate Detail

6

 

 

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Exchangeable Certificate Factor Detail

7

 

 

 

trustadministrationgroup@computershare.com

Additional Information

8

 

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

 

 

 

Bond / Collateral Reconciliation - Cash Flows

9

Master Servicer

Trimont LLC

 

 

 

Bond / Collateral Reconciliation - Balances

10

 

Attention: CMBS Servicing

 

trimont.commercial.servicing@cms.trimont.com

 

 

 

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

 

Current Mortgage Loan and Property Stratification

11-15

 

 

 

 

 

 

NCB Master Servicer &

National Cooperative Bank, N.A.

 

 

Mortgage Loan Detail (Part 1)

16-17

Special Servicer

 

 

 

 

Mortgage Loan Detail (Part 2)

18-19

 

Tom Klump

(703) 302-8080

tklump@ncb.coop

 

Principal Prepayment Detail

20

 

2011 Crystal Drive, Suite 800 | Arlington, VA 22202 | United States

 

 

 

 

Special Servicer

LNR Partners, LLC

 

 

Historical Detail

21

 

 

 

 

 

 

 

Attention: Heather Bennett and Arnold Shulkin

 

hbennett@starwood.com; AShulkin@lnrpartners.com;

Delinquency Loan Detail

22

 

 

 

lnr.cmbs.notices@lnrproperty.com

Collateral Stratification and Historical Detail

23

 

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

 

 

Specially Serviced Loan Detail - Part 1

24

Trustee

Wilmington Trust, National Association

 

 

 

Specially Serviced Loan Detail - Part 2

25

 

Attention: CMBS Trustee

(302) 636-4140

CMBSTrustee@wilmingtontrust.com

 

 

 

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

 

 

Modified Loan Detail

26

 

 

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Historical Liquidated Loan Detail

27

Representations Reviewer

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

28

 

CMBS Notices

 

cmbs.notices@parkbridgefinancial.com

 

Interest Shortfall Detail - Collateral Level

29

 

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

 

 

 

Supplemental Notes

30

 

 

 

 

 

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 30

 


 

 

                         

 

 

 

 

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

06541DBA1

6.008000%

3,674,000.00

2,787,459.20

65,259.63

13,955.88

0.00

0.00

79,215.51

2,722,199.57

30.04%

30.00%

A-2-1

06541DBB9

6.725059%

123,630,000.00

123,630,000.00

0.00

692,849.19

0.00

0.00

692,849.19

123,630,000.00

30.04%

30.00%

A-2-2

06541DAA2

6.725059%

75,000,000.00

75,000,000.00

0.00

420,316.18

0.00

0.00

420,316.18

75,000,000.00

30.04%

30.00%

A-SB

06541DCF9

6.010000%

6,426,000.00

6,426,000.00

0.00

32,183.55

0.00

0.00

32,183.55

6,426,000.00

30.04%

30.00%

A-4

06541DBH6

5.745000%

270,454,000.00

270,454,000.00

0.00

1,294,798.53

0.00

0.00

1,294,798.53

270,454,000.00

30.04%

30.00%

A-S

06541DBN3

6.385000%

86,424,000.00

86,424,000.00

0.00

459,847.70

0.00

0.00

459,847.70

86,424,000.00

17.40%

17.38%

B

06541DBT0

6.774059%

30,805,000.00

30,805,000.00

0.00

173,895.74

0.00

0.00

173,895.74

30,805,000.00

12.89%

12.88%

C

06541DBY9

6.774059%

21,392,000.00

21,392,000.00

0.00

120,758.89

0.00

0.00

120,758.89

21,392,000.00

9.76%

9.75%

D

06541DAL8

4.000000%

13,691,000.00

13,691,000.00

0.00

45,636.67

0.00

0.00

45,636.67

13,691,000.00

7.76%

7.75%

E

06541DAN4

4.000000%

6,846,000.00

6,846,000.00

0.00

22,820.00

0.00

0.00

22,820.00

6,846,000.00

6.76%

6.75%

F

06541DAQ7

5.071000%

13,691,000.00

13,691,000.00

0.00

57,855.88

0.00

0.00

57,855.88

13,691,000.00

4.76%

4.75%

G

06541DAS3

5.071000%

10,268,000.00

10,268,000.00

0.00

43,390.86

0.00

0.00

43,390.86

10,268,000.00

3.25%

3.25%

H*

06541DAU8

5.071000%

22,248,287.00

22,248,287.00

0.00

94,017.55

0.00

0.00

94,017.55

22,248,287.00

0.00%

0.00%

RR

BCC3BWR10

6.774059%

27,807,743.20

27,771,730.17

2,650.98

156,772.78

0.00

0.00

159,423.76

27,769,079.19

0.00%

0.00%

RR Interest

N/A

6.774059%

8,221,166.66

8,210,519.65

783.74

46,348.79

0.00

0.00

47,132.53

8,209,735.91

0.00%

0.00%

V

06541DCJ1

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

06541DCG7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

 

720,578,196.86

719,644,996.02

68,694.35

3,675,448.19

0.00

0.00

3,744,142.54

719,576,301.67

 

 

 

 

X-A

06541DCD4

0.616962%

479,184,000.00

478,297,459.20

0.00

245,909.29

0.00

0.00

245,909.29

478,232,199.57

 

 

X-B

06541DCE2

0.242561%

138,621,000.00

138,621,000.00

0.00

28,020.02

0.00

0.00

28,020.02

138,621,000.00

 

 

X-D

06541DAC8

2.774059%

20,537,000.00

20,537,000.00

0.00

47,475.71

0.00

0.00

47,475.71

20,537,000.00

 

 

X-F

06541DAE4

1.703059%

13,691,000.00

13,691,000.00

0.00

19,430.48

0.00

0.00

19,430.48

13,691,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

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Page 2 of 30

 


 

 

                       

 

 

 

 

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-G

06541DAG9

1.703059%

10,268,000.00

10,268,000.00

0.00

14,572.51

0.00

0.00

14,572.51

10,268,000.00

 

X-H

06541DAJ3

1.703059%

22,248,287.00

22,248,287.00

0.00

31,575.12

0.00

0.00

31,575.12

22,248,287.00

 

Notional SubTotal

 

684,549,287.00

683,662,746.20

0.00

386,983.13

0.00

0.00

386,983.13

683,597,486.57

 

 

Deal Distribution Total

 

 

 

68,694.35

4,062,431.32

0.00

0.00

4,131,125.67

 

 

 

*

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 30

 


 

 

                     

 

 

 

 

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

06541DBA1

758.69874796

17.76255580

3.79855199

0.00000000

0.00000000

0.00000000

0.00000000

21.56110778

740.93619216

A-2-1

06541DBB9

1,000.00000000

0.00000000

5.60421572

0.00000000

0.00000000

0.00000000

0.00000000

5.60421572

1,000.00000000

A-2-2

06541DAA2

1,000.00000000

0.00000000

5.60421573

0.00000000

0.00000000

0.00000000

0.00000000

5.60421573

1,000.00000000

A-SB

06541DCF9

1,000.00000000

0.00000000

5.00833333

0.00000000

0.00000000

0.00000000

0.00000000

5.00833333

1,000.00000000

A-4

06541DBH6

1,000.00000000

0.00000000

4.78750002

0.00000000

0.00000000

0.00000000

0.00000000

4.78750002

1,000.00000000

A-S

06541DBN3

1,000.00000000

0.00000000

5.32083333

0.00000000

0.00000000

0.00000000

0.00000000

5.32083333

1,000.00000000

B

06541DBT0

1,000.00000000

0.00000000

5.64504918

0.00000000

0.00000000

0.00000000

0.00000000

5.64504918

1,000.00000000

C

06541DBY9

1,000.00000000

0.00000000

5.64504908

0.00000000

0.00000000

0.00000000

0.00000000

5.64504908

1,000.00000000

D

06541DAL8

1,000.00000000

0.00000000

3.33333358

0.00000000

0.00000000

0.00000000

0.00000000

3.33333358

1,000.00000000

E

06541DAN4

1,000.00000000

0.00000000

3.33333333

0.00000000

0.00000000

0.00000000

0.00000000

3.33333333

1,000.00000000

F

06541DAQ7

1,000.00000000

0.00000000

4.22583303

0.00000000

0.00000000

0.00000000

0.00000000

4.22583303

1,000.00000000

G

06541DAS3

1,000.00000000

0.00000000

4.22583366

0.00000000

0.00000000

0.00000000

0.00000000

4.22583366

1,000.00000000

H

06541DAU8

1,000.00000000

0.00000000

4.22583321

0.00000000

0.00089760

0.00000000

0.00000000

4.22583321

1,000.00000000

RR

BCC3BWR10

998.70492799

0.09533244

5.63773834

0.00000000

0.00002841

0.00000000

0.00000000

5.73307078

998.60959555

RR Interest

N/A

998.70492712

0.09533197

5.63773877

0.00000000

0.00002798

0.00000000

0.00000000

5.73307074

998.60959515

V

06541DCJ1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

06541DCG7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

06541DCD4

998.14989482

0.00000000

0.51318343

0.00000000

0.00000000

0.00000000

0.00000000

0.51318343

998.01370574

X-B

06541DCE2

1,000.00000000

0.00000000

0.20213402

0.00000000

0.00000000

0.00000000

0.00000000

0.20213402

1,000.00000000

X-D

06541DAC8

1,000.00000000

0.00000000

2.31171593

0.00000000

0.00000000

0.00000000

0.00000000

2.31171593

1,000.00000000

X-F

06541DAE4

1,000.00000000

0.00000000

1.41921554

0.00000000

0.00000000

0.00000000

0.00000000

1.41921554

1,000.00000000

X-G

06541DAG9

1,000.00000000

0.00000000

1.41921601

0.00000000

0.00000000

0.00000000

0.00000000

1.41921601

1,000.00000000

X-H

06541DAJ3

1,000.00000000

0.00000000

1.41921578

0.00000000

0.00000000

0.00000000

0.00000000

1.41921578

1,000.00000000

 

 

 

 

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Page 4 of 30

 


 

 

                         

 

 

 

 

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

13,955.88

0.00

13,955.88

0.00

0.00

0.00

13,955.88

0.00

 

A-2-1

06/01/25 - 06/30/25

30

0.00

692,849.19

0.00

692,849.19

0.00

0.00

0.00

692,849.19

0.00

 

A-2-2

06/01/25 - 06/30/25

30

0.00

420,316.18

0.00

420,316.18

0.00

0.00

0.00

420,316.18

0.00

 

A-SB

06/01/25 - 06/30/25

30

0.00

32,183.55

0.00

32,183.55

0.00

0.00

0.00

32,183.55

0.00

 

A-4

06/01/25 - 06/30/25

30

0.00

1,294,798.53

0.00

1,294,798.53

0.00

0.00

0.00

1,294,798.53

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

245,909.29

0.00

245,909.29

0.00

0.00

0.00

245,909.29

0.00

 

X-B

06/01/25 - 06/30/25

30

0.00

28,020.02

0.00

28,020.02

0.00

0.00

0.00

28,020.02

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

47,475.71

0.00

47,475.71

0.00

0.00

0.00

47,475.71

0.00

 

X-F

06/01/25 - 06/30/25

30

0.00

19,430.48

0.00

19,430.48

0.00

0.00

0.00

19,430.48

0.00

 

X-G

06/01/25 - 06/30/25

30

0.00

14,572.51

0.00

14,572.51

0.00

0.00

0.00

14,572.51

0.00

 

X-H

06/01/25 - 06/30/25

30

0.00

31,575.12

0.00

31,575.12

0.00

0.00

0.00

31,575.12

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

459,847.70

0.00

459,847.70

0.00

0.00

0.00

459,847.70

0.00

 

B

06/01/25 - 06/30/25

30

0.00

173,895.74

0.00

173,895.74

0.00

0.00

0.00

173,895.74

0.00

 

C

06/01/25 - 06/30/25

30

0.00

120,758.89

0.00

120,758.89

0.00

0.00

0.00

120,758.89

0.00

 

D

06/01/25 - 06/30/25

30

0.00

45,636.67

0.00

45,636.67

0.00

0.00

0.00

45,636.67

0.00

 

E

06/01/25 - 06/30/25

30

0.00

22,820.00

0.00

22,820.00

0.00

0.00

0.00

22,820.00

0.00

 

F

06/01/25 - 06/30/25

30

0.00

57,855.88

0.00

57,855.88

0.00

0.00

0.00

57,855.88

0.00

 

G

06/01/25 - 06/30/25

30

0.00

43,390.86

0.00

43,390.86

0.00

0.00

0.00

43,390.86

0.00

 

H

06/01/25 - 06/30/25

30

19.89

94,017.55

0.00

94,017.55

0.00

0.00

0.00

94,017.55

19.97

 

RR

06/01/25 - 06/30/25

30

0.79

156,772.78

0.00

156,772.78

0.00

0.00

0.00

156,772.78

0.79

 

RR Interest

06/01/25 - 06/30/25

30

0.23

46,348.79

0.00

46,348.79

0.00

0.00

0.00

46,348.79

0.23

 

Totals

 

 

20.91

4,062,431.32

0.00

4,062,431.32

0.00

0.00

0.00

4,062,431.32

20.99

 

 

 

 

 

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Page 5 of 30

 


 

 

                         

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

Prepayment

 

 

 

 

 

Class

CUSIP

Rate

Balance

Beginning Balance                          Principal Distribution               Interest Distribution

Penalties

 

Losses

 

Total Distribution

Ending Balance

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

A-4 (EC)

N/A

5.745000%

270,454,000.00

270,454,000.00

0.00

1,294,798.53

0.00

 

0.00

 

1,294,798.53

270,454,000.00

A-4-1

06541DBJ2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-2

06541DBK9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-X1

06541DBL7

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-X2

06541DBM5

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S (EC)

N/A

6.385000%

86,424,000.00

86,424,000.00

0.00

459,847.70

0.00

 

0.00

 

459,847.70

86,424,000.00

A-S-1

06541DBP8

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-2

06541DBQ6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-X1

06541DBR4

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-X2

06541DBS2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B (EC)

N/A

6.774059%

30,805,000.00

30,805,000.00

0.00

173,895.74

0.00

 

0.00

 

173,895.74

30,805,000.00

B-1

06541DBU7

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-2

06541DBV5

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-X1

06541DBW3

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-X2

06541DBX1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C (EC)

N/A

6.774059%

21,392,000.00

21,392,000.00

0.00

120,758.89

0.00

 

0.00

 

120,758.89

21,392,000.00

C-1

06541DBZ6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-2

06541DCA0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-X1

06541DCB8

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-X2

06541DCC6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

Exchangeable Certificates Total

 

409,075,000.00

409,075,000.00

0.00

2,049,300.86

0.00

 

0.00

 

2,049,300.86

409,075,000.00

 

 

 

 

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Page 6 of 30

 


 

 

                     

 

 

 

Exchangeable Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

Realized Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-4-1

06541DBJ2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-4-2

06541DBK9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-1

06541DBP8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-2

06541DBQ6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-1

06541DBU7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-2

06541DBV5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-1

06541DBZ6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-2

06541DCA0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

A-4-X1

06541DBL7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-4-X2

06541DBM5

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-X1

06541DBR4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-X2

06541DBS2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-X1

06541DBW3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-X2

06541DBX1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-X1

06541DCB8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-X2

06541DCC6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

 

 

 

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Page 7 of 30

 


 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

4,131,125.67

 

Non-VRR Interest Available Funds

3,924,569.37

 

VRR Interest Available Funds

206,556.28

 

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

 

 

 

 

 

 

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Page 8 of 30

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,076,215.50

Master Servicing Fee

4,560.74

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,225.24

Interest Adjustments

0.00

Trustee Fee

391.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

299.85

ARD Interest

0.00

Operating Advisor Fee

1,097.46

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

209.90

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,076,215.50

Total Fees

13,784.19

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

68,694.35

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

0.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

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

68,694.35

Total Expenses/Reimbursements

0.00

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,062,431.32

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

68,694.35

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,131,125.67

Total Funds Collected

4,144,909.85

Total Funds Distributed

4,144,909.86

 

 

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Page 9 of 30

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

719,644,996.33

719,644,996.33

Beginning Certificate Balance

719,644,996.02

(-) Scheduled Principal Collections

68,694.35

68,694.35

(-) Principal Distributions

68,694.35

(-) 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

719,576,301.98

719,576,301.98

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

719,644,996.33

719,644,996.33

Ending Certificate Balance

719,576,301.67

Ending Actual Collateral Balance

719,576,301.98

719,576,301.98

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.31)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.31)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

6.77%

 

 

 

 

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 10 of 30

 


 

 

                             

 

 

 

 

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

 

1,000,000 or less

1

974,142.72

0.14%

93

6.1300

0.660000

1.50 or less

18

224,900,349.64

31.25%

79

7.1965

1.177883

1,000,001 to 5,000,000

9

27,957,873.58

3.89%

92

5.9815

1.129956

1.51 to 2.00

12

278,175,952.34

38.66%

79

6.7621

1.733440

5,000,001 to 15,000,000

12

128,994,386.74

17.93%

86

7.0649

1.858853

2.01 to 4.00

9

216,500,000.00

30.09%

73

6.4270

2.660270

15,000,001 to 30,000,000

8

197,316,565.60

27.42%

80

7.1099

1.666107

4.01 to 9.00

0

0.00

0.00%

0

0.0000

0.000000

30,000,001 to 50,000,000

8

309,333,333.34

42.99%

67

6.7514

1.762378

9.01 to 9.11

0

0.00

0.00%

0

0.0000

0.000000

50,000,001 to 70,000,000

1

55,000,000.00

7.64%

95

5.7300

3.220500

9.12 or greater

0

0.00

0.00%

0

0.0000

0.000000

 

70,000,001 or greater

0

0.00

0.00%

0

0.0000

0.000000

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

 

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

 

 

 

 

 

 

 

(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 30

 


 

 

                           

 

 

 

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

 

Arizona

1

25,000,000.00

3.47%

96

6.7100

1.699000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

2

55,825,000.00

7.76%

95

7.0768

1.793293

California

4

146,035,000.00

20.29%

95

6.6390

2.444963

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

4

122,465,109.20

17.02%

96

7.2814

1.938901

Florida

3

119,580,109.20

16.62%

77

7.1496

2.236964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

3

93,650,000.00

13.01%

92

5.8458

1.616639

Georgia

1

33,000,000.00

4.59%

34

7.8700

1.591100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

9

27,668,069.71

3.85%

90

5.8048

0.953626

Hawaii

1

26,461,456.40

3.68%

96

6.7280

1.855400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

5

153,006,666.67

21.26%

40

7.1762

1.652881

Maryland

1

45,500,000.00

6.32%

97

6.6510

1.150400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

7

257,361,456.40

35.77%

79

6.7284

2.083085

Massachusetts

1

72,000,000.00

10.01%

91

5.5095

1.592600

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

2

9,600,000.00

1.33%

96

6.9317

1.233100

New York

9

27,668,069.71

3.85%

90

5.8048

0.953626

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

32

719,576,301.98

100.00%

77

6.7971

1.838660

Pennsylvania

3

66,666,666.67

9.26%

60

7.5173

1.362436

 

 

 

 

 

 

 

 

South Carolina

1

21,400,000.00

2.97%

96

6.9200

1.368000

 

 

 

 

 

 

 

 

Texas

3

22,425,000.00

3.12%

95

7.0851

1.435155

 

 

 

 

 

 

 

 

Virginia

2

39,840,000.00

5.54%

56

7.9550

1.646884

 

 

 

 

 

 

 

 

Washington

1

42,000,000.00

5.84%

32

5.5850

2.621000

 

 

 

 

 

 

 

 

Washington, DC

1

32,000,000.00

4.45%

36

7.5470

0.818300

 

 

 

 

 

 

 

 

Totals

32

719,576,301.98

100.00%

77

6.7971

1.838660

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 30

 


 

 

                             

 

 

 

 

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

 

6.0000% or less

13

208,222,838.86

28.94%

80

5.6288

2.280181

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

6.0001% to 6.5000%

2

3,445,230.85

0.48%

94

6.0726

0.738897

13 months or greater

39

719,576,301.98

100.00%

77

6.7971

1.838660

 

6.5001% to 7.0000%

11

224,791,565.60

31.24%

96

6.8200

1.725406

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

 

7.0001% to 7.5000%

4

78,475,000.00

10.91%

95

7.1762

1.768594

 

 

 

 

 

 

 

 

7.5001% to 8.0000%

7

153,666,666.67

21.36%

40

7.6991

1.557665

 

 

 

 

 

 

 

 

8.0001% to 8.1390%

1

26,340,000.00

3.66%

36

8.1390

1.733800

 

 

 

 

 

 

 

 

8.1400% or greater

1

24,635,000.00

3.42%

97

8.2950

1.382100

 

 

 

 

 

 

 

 

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

 

 

 

 

 

 

 

(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 30

 


 

 

                             

 

 

 

 

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

 

59 months or less

8

208,506,666.67

28.98%

35

7.3355

1.799309

Interest Only

29

603,681,666.67

83.89%

74

6.7651

1.888443

 

60 months or greater

31

511,069,635.31

71.02%

95

6.5774

1.854714

360 months or less

9

113,423,547.18

15.76%

95

6.9834

1.596975

 

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

361 months or greater

1

2,471,088.13

0.34%

94

6.0500

0.770000

 

 

 

 

 

 

 

 

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

(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 14 of 30

 


 

 

                         

 

 

 

 

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

7

98,433,333.33

13.68%

75

6.6650

2.062147

 

 

No outstanding loans in this group

 

 

12 months or less

28

613,811,803.91

85.30%

78

6.8285

1.815040

 

 

 

 

 

 

13 months to 24 months

4

7,331,164.74

1.02%

93

5.9392

0.815550

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

39

719,576,301.98

100.00%

77

6.7971

1.838660

 

 

 

 

 

(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 15 of 30

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal               Anticipated          Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

Adjustments           Repay Date

Date

Date

Balance

Balance

Date

1

300802348

MU

Cambridge

MA

Actual/360

5.510%

206,606.25

0.00

0.00

02/10/33

02/10/38

--

45,000,000.00

45,000,000.00

07/10/25

1A

310961741

 

 

 

Actual/360

5.510%

123,963.75

0.00

0.00

02/10/33

02/10/38

--

27,000,000.00

27,000,000.00

07/10/25

2

327480002

RT

San Diego

CA

Actual/360

5.730%

262,625.00

0.00

0.00

N/A

06/01/33

--

55,000,000.00

55,000,000.00

07/01/25

2A

327480102

 

 

 

Actual/360

5.730%

23,875.00

0.00

0.00

N/A

06/01/33

--

5,000,000.00

5,000,000.00

07/01/25

2B

327480202

 

 

 

Actual/360

5.730%

47,750.00

0.00

0.00

N/A

06/01/33

--

10,000,000.00

10,000,000.00

07/01/25

3

327480003

LO

Miami Beach

FL

Actual/360

6.990%

203,875.00

0.00

0.00

N/A

06/01/33

--

35,000,000.00

35,000,000.00

07/01/25

3A

327480103

 

 

 

Actual/360

6.990%

64,657.50

0.00

0.00

N/A

06/01/33

--

11,100,000.00

11,100,000.00

07/01/25

3B

327480203

 

 

 

Actual/360

6.990%

81,550.00

0.00

0.00

N/A

06/01/33

--

14,000,000.00

14,000,000.00

07/01/25

4

310963817

RT

Largo

MD

Actual/360

6.651%

252,183.75

0.00

0.00

N/A

08/11/33

--

45,500,000.00

45,500,000.00

07/11/25

5

310964035

IN

Fremont

CA

Actual/360

7.040%

252,266.67

0.00

0.00

N/A

06/06/33

--

43,000,000.00

43,000,000.00

07/06/25

6

453121109

OF

Seattle

WA

Actual/360

5.585%

195,475.00

0.00

0.00

N/A

03/09/28

--

42,000,000.00

42,000,000.00

07/09/25

7

300802358

OF

Philadelphia

PA

Actual/360

7.787%

200,095.49

0.00

0.00

N/A

06/06/28

--

30,833,333.34

30,833,333.34

07/06/25

7A

300802375

 

 

 

Actual/360

7.787%

54,079.86

0.00

0.00

N/A

06/06/28

--

8,333,333.33

8,333,333.33

07/06/25

8

310964896

RT

Brandon

FL

Actual/360

7.620%

228,600.00

0.00

0.00

N/A

06/11/28

--

36,000,000.00

36,000,000.00

07/11/25

9

327480009

RT

Atlanta

GA

Actual/360

7.870%

65,583.33

0.00

0.00

N/A

05/01/28

--

10,000,000.00

10,000,000.00

07/01/25

9A

327480109

 

 

 

Actual/360

7.870%

150,841.67

0.00

0.00

N/A

05/01/28

--

23,000,000.00

23,000,000.00

07/01/25

10

327480010

OF

Washington

DC

Actual/360

7.547%

201,253.33

0.00

0.00

N/A

07/05/28

--

32,000,000.00

32,000,000.00

07/05/25

11

310964107

RT

Honolulu

HI

Actual/360

6.728%

148,507.57

26,219.25

0.00

N/A

07/01/33

--

26,487,675.65

26,461,456.40

07/01/25

12

327480012

OF

Sterling

VA

Actual/360

8.139%

178,651.05

0.00

0.00

N/A

07/01/28

--

26,340,000.00

26,340,000.00

07/01/25

13

231008871

RT

Nogales

AZ

Actual/360

6.710%

139,791.67

0.00

0.00

N/A

07/01/33

--

25,000,000.00

25,000,000.00

07/01/25

14

300802404

LO

San Diego

CA

Actual/360

8.295%

170,289.44

0.00

0.00

N/A

08/01/33

--

24,635,000.00

24,635,000.00

07/01/25

15

310964263

LO

Jacksonville

FL

Actual/360

6.837%

133,891.25

19,890.80

0.00

N/A

06/11/33

--

23,500,000.00

23,480,109.20

07/11/25

16

231008559

RT

Indian Land

SC

Actual/360

6.920%

123,406.67

0.00

0.00

N/A

07/01/33

--

21,400,000.00

21,400,000.00

07/01/25

17

327480017

LO

Moon Township

PA

Actual/360

7.490%

88,943.75

0.00

0.00

N/A

07/05/33

--

14,250,000.00

14,250,000.00

07/05/25

18

410963928

OF

Lorton

VA

Actual/360

7.596%

85,455.00

0.00

0.00

N/A

07/11/33

--

13,500,000.00

13,500,000.00

07/11/25

19

410961519

MU

New Hope

PA

Actual/360

6.748%

74,509.17

0.00

0.00

N/A

06/11/33

--

13,250,000.00

13,250,000.00

07/11/25

20

310964652

IN

La Porte

TX

Actual/360

7.200%

76,950.00

0.00

0.00

N/A

06/06/33

--

12,825,000.00

12,825,000.00

07/06/25

21

327480021

MU

San Jose

CA

Actual/360

7.305%

51,135.00

0.00

0.00

N/A

07/01/33

--

8,400,000.00

8,400,000.00

07/01/25

 

 

 

 

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Page 16 of 30

 


 

 

                               

 

 

 

 

 

 

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

22

470135670

MF

Hartsdale

NY

Actual/360

5.690%

36,727.56

9,653.79

0.00

N/A

12/01/32

--

7,745,707.20

7,736,053.41

07/01/25

23

221007585

SS

Athens

TX

Actual/360

6.890%

32,153.33

0.00

0.00

N/A

07/01/33

--

5,600,000.00

5,600,000.00

07/01/25

24

470130120

MF

New York

NY

Actual/360

5.870%

23,757.14

5,803.77

0.00

N/A

02/01/33

--

4,856,655.33

4,850,851.56

07/01/25

25

231008990

SS

Kemp

TX

Actual/360

6.990%

23,300.00

0.00

0.00

N/A

07/01/33

--

4,000,000.00

4,000,000.00

07/01/25

26

470135400

MF

New York

NY

Actual/360

5.680%

15,383.33

0.00

0.00

N/A

12/01/32

--

3,250,000.00

3,250,000.00

07/01/25

27

470135420

MF

Forest Hills

NY

Actual/360

5.800%

14,500.00

0.00

0.00

N/A

12/01/32

--

3,000,000.00

3,000,000.00

07/01/25

28

470136600

MF

Elmhurst

NY

Actual/360

5.950%

12,560.09

2,944.74

0.00

N/A

04/01/33

--

2,533,128.40

2,530,183.66

07/01/25

29

470136330

MF

Brooklyn

NY

Actual/360

6.050%

12,465.35

1,377.23

0.00

N/A

05/01/33

--

2,472,465.36

2,471,088.13

07/01/25

30

470135190

MF

New York

NY

Actual/360

5.810%

7,262.50

0.00

0.00

N/A

12/01/32

--

1,500,000.00

1,500,000.00

07/01/25

31

470136130

MF

New York

NY

Actual/360

5.580%

6,312.18

1,707.28

0.00

N/A

02/01/33

--

1,357,457.51

1,355,750.23

07/01/25

32

470136810

MF

New York

NY

Actual/360

6.130%

4,981.85

1,097.49

0.00

N/A

04/01/33

--

975,240.21

974,142.72

07/01/25

Totals

 

 

 

 

 

 

4,076,215.50

68,694.35

0.00

 

 

 

719,644,996.33

719,576,301.98

 

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 17 of 30

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent       Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

1

44,658,599.57

11,689,201.05

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

85,895,121.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

24,351,324.88

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

4,741,486.43

953,349.23

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

23,696,228.70

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

24,933,858.59

7,098,534.82

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

26,010,067.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

22,178,035.65

5,803,932.37

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

23,769,490.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

2,681,975.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

3,727,693.18

973,175.57

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

3,802,230.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,333,638.00

763,851.50

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

3,032,368.41

803,655.75

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

3,554,037.47

3,567,992.42

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

2,837,825.00

552,053.25

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

2,370,758.00

460,478.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

1,533,291.00

388,583.50

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

2,003,368.87

351,483.50

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

10,545,538.65

2,670,051.30

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

1,474,405.00

354,111.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 18 of 30

 


 

 

                           

 

 

 

 

 

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

 

22

1,086,205.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

438,579.00

116,631.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

319,450.70

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

351,818.60

92,658.45

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

222,794.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

89,405.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

137,091.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

129,325.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

(259,411.00)

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

112,866.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

48,746.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

322,808,209.70

36,639,742.71

 

 

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 19 of 30

 


 

 

           

 

 

 

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 20 of 30

 


 

 

                                           

 

 

 

 

 

 

 

 

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

 

6.797076%

6.774197%

77

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

 

6.797044%

6.774162%

78

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

 

6.797015%

6.774131%

79

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

 

6.796982%

6.774096%

80

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

 

6.796953%

6.774066%

81

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

 

6.796911%

6.774020%

82

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

 

6.796883%

6.773991%

83

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

 

6.796855%

6.773961%

84

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

 

6.796822%

6.773926%

85

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

 

6.796795%

6.773897%

86

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

 

6.796763%

6.773863%

87

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

 

6.796735%

6.773834%

88

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 30

 


 

 

                               

 

 

 

 

 

 

 

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

 

 

 

 

 

 

Note: Outstanding P & I Advances include the current period advance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 22 of 30

 


 

 

                 

 

 

 

 

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

 

208,506,667

208,506,667

 

0

 

0

 

37 - 48 Months

 

0

0

 

0

 

0

 

49 - 60 Months

 

0

0

 

0

 

0

 

> 60 Months

 

511,069,635

511,069,635

 

0

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

        30-59 Days

      60-89 Days

90+ Days

 

    REO/Foreclosure

 

 

Jul-25

719,576,302

719,576,302

0

0

0

 

0

 

Jun-25

719,644,996

719,644,996

0

0

0

 

0

 

May-25

719,685,404

719,685,404

0

0

0

 

0

 

Apr-25

719,733,742

719,733,742

0

0

0

 

0

 

Mar-25

719,773,672

719,773,672

0

0

0

 

0

 

Feb-25

719,837,884

719,837,884

0

0

0

 

0

 

Jan-25

719,877,251

719,877,251

0

0

0

 

0

 

Dec-24

719,916,406

719,916,406

0

0

0

 

0

 

Nov-24

719,963,538

719,963,538

0

0

0

 

0

 

Oct-24

720,002,228

720,002,228

0

0

0

 

0

 

Sep-24

720,048,912

720,048,912

0

0

0

 

0

 

Aug-24

720,087,142

720,087,142

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 23 of 30

 


 

 

                     

 

 

 

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

 

 

 

 

No specially serviced loans this period

 

 

 

 

 

 

 

 

 

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Page 24 of 30

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

 

 

 

 

 

No specially serviced loans this period

 

 

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 25 of 30

 


 

 

                 

 

 

 

 

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

 

 

 

 

No modified loans this period

 

 

 

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 26 of 30

 


 

 

                       

 

 

 

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 27 of 30

 


 

 

                     

 

 

 

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 28 of 30

 


 

 

                         

 

 

 

 

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)

 

 

 

 

 

No interest shortfalls this period

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

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Page 29 of 30

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 30 of 30