EX-99.1 2 bmk24v08_ex991-202509.htm bmk24v08_ex991-202509.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

09/17/25

Benchmark 2024-V8 Mortgage Trust

Determination Date:

09/11/25

 

Next Distribution Date:

10/20/25

 

Record Date:

08/29/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2024-V8

 

         

Table of Contents

 

 

Contacts

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

Deutsche Mortgage & Asset Receiving Corporation

 

Certificate Factor Detail

3

 

Attention: Lainie Kaye

cmbs.requests@db.com

Certificate Interest Reconciliation Detail

4

 

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

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

Additional Information

5

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Bond / Collateral Reconciliation - Cash Flows

6

 

 

trustadministrationgroup@computershare.com

Bond / Collateral Reconciliation - Balances

7

 

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

 

Current Mortgage Loan and Property Stratification

8-12

Master Servicer

Trimont LLC

 

Mortgage Loan Detail (Part 1)

13-14

 

Attention: CMBS Servicing

trimont.commercial.servicing@cms.trimont.com

 

 

 

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

 

Mortgage Loan Detail (Part 2)

15-16

 

 

 

 

 

Special Servicer

LNR Partners, LLC

 

Principal Prepayment Detail

17

 

 

 

 

 

 

Attention: Heather Bennett and Arnold Shulkin

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

Historical Detail

18

 

 

lnr.cmbs.notices@lnrproperty.com

Delinquency Loan Detail

19

 

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

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

Collateral Stratification and Historical Detail

20

Representations Reviewer

 

 

Specially Serviced Loan Detail - Part 1

21

 

Attention: BMARK 2024-V8 – Surveillance Manager

cmbs.notices@parkbridgefinancial.com

Specially Serviced Loan Detail - Part 2

22

 

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

 

Modified Loan Detail

23

Trustee

Computershare Trust Company, N.A.

 

Historical Liquidated Loan Detail

24

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

 

 

 

 

trustadministrationgroup@computershare.com

Historical Bond / Collateral Loss Reconciliation Detail

25

 

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

 

Interest Shortfall Detail - Collateral Level

26

Trust Directing Holder

Eightfold Real Estate Capital, L.P.

 

Supplemental Notes

27

 

-

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

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Page 1 of 27

 


 
 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                    Beginning Balance

Distribution

Distribution

Penalties

Realized Losses                     Total Distribution        Ending Balance

Support¹          Support¹

 

A-1

08190AAA8

5.514000%

15,468,000.00

12,186,159.90

250,114.97

55,995.40

0.00

0.00

306,110.37

11,936,044.93

30.11%

30.00%

A-2

08190AAB6

5.707000%

122,050,000.00

122,050,000.00

0.00

580,449.46

0.00

0.00

580,449.46

122,050,000.00

30.11%

30.00%

A-3

08190AAC4

6.189000%

569,471,000.00

569,471,000.00

0.00

2,937,046.68

0.00

0.00

2,937,046.68

569,471,000.00

30.11%

30.00%

A-M

08190AAD2

6.859302%

97,211,000.00

97,211,000.00

0.00

555,666.31

0.00

0.00

555,666.31

97,211,000.00

20.45%

20.38%

B

08190AAE0

7.179002%

53,025,000.00

53,025,000.00

0.00

317,222.14

0.00

0.00

317,222.14

53,025,000.00

15.18%

15.13%

C

08190AAF7

7.179002%

37,874,000.00

37,874,000.00

0.00

226,581.26

0.00

0.00

226,581.26

37,874,000.00

11.41%

11.38%

D

08190AAN0

4.000000%

22,725,000.00

22,725,000.00

0.00

75,750.00

0.00

0.00

75,750.00

22,725,000.00

9.16%

9.13%

E-RR

08190AAS9

5.250000%

11,362,000.00

11,362,000.00

0.00

49,708.75

0.00

0.00

49,708.75

11,362,000.00

8.03%

8.00%

F-RR

08190AAU4

5.250000%

21,462,000.00

21,462,000.00

0.00

93,896.25

0.00

0.00

93,896.25

21,462,000.00

5.90%

5.88%

G-RR

08190AAW0

5.250000%

15,150,000.00

15,150,000.00

0.00

66,281.25

0.00

0.00

66,281.25

15,150,000.00

4.39%

4.38%

J-RR*

08190AAY6

5.250000%

44,187,421.00

44,187,421.00

0.00

193,040.04

0.00

0.00

193,040.04

44,187,421.00

0.00%

0.00%

R

08190ABA7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

1,009,985,421.00

1,006,703,580.90

250,114.97

5,151,637.54

0.00

0.00

5,401,752.51

1,006,453,465.93

 

 

 

 

X-A

08190AAG5

0.992365%

804,200,000.00

800,918,159.90

0.00

662,336.15

0.00

0.00

662,336.15

800,668,044.93

 

 

X-D

08190AAL4

3.179002%

22,725,000.00

22,725,000.00

0.00

60,202.34

0.00

0.00

60,202.34

22,725,000.00

 

 

X-RR

08190AAQ3

1.929002%

92,161,421.00

92,161,421.00

0.00

148,149.61

0.00

0.00

148,149.61

92,161,421.00

 

 

Notional SubTotal

 

919,086,421.00

915,804,580.90

0.00

870,688.10

0.00

0.00

870,688.10

915,554,465.93

 

 

 

Deal Distribution Total

 

 

 

250,114.97

6,022,325.64

0.00

0.00

6,272,440.61

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in

 

the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 of 27

 


 
 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

08190AAA8

787.83035299

16.16983256

3.62008017

0.00000000

0.00000000

0.00000000

0.00000000

19.78991272

771.66052043

A-2

08190AAB6

1,000.00000000

0.00000000

4.75583335

0.00000000

0.00000000

0.00000000

0.00000000

4.75583335

1,000.00000000

A-3

08190AAC4

1,000.00000000

0.00000000

5.15750000

0.00000000

0.00000000

0.00000000

0.00000000

5.15750000

1,000.00000000

A-M

08190AAD2

1,000.00000000

0.00000000

5.71608470

0.00000000

0.00000000

0.00000000

0.00000000

5.71608470

1,000.00000000

B

08190AAE0

1,000.00000000

0.00000000

5.98250146

0.00000000

0.00000000

0.00000000

0.00000000

5.98250146

1,000.00000000

C

08190AAF7

1,000.00000000

0.00000000

5.98250145

0.00000000

0.00000000

0.00000000

0.00000000

5.98250145

1,000.00000000

D

08190AAN0

1,000.00000000

0.00000000

3.33333333

0.00000000

0.00000000

0.00000000

0.00000000

3.33333333

1,000.00000000

E-RR

08190AAS9

1,000.00000000

0.00000000

4.37500000

0.00000000

0.00000000

0.00000000

0.00000000

4.37500000

1,000.00000000

F-RR

08190AAU4

1,000.00000000

0.00000000

4.37500000

0.00000000

0.00000000

0.00000000

0.00000000

4.37500000

1,000.00000000

G-RR

08190AAW0

1,000.00000000

0.00000000

4.37500000

0.00000000

0.00000000

0.00000000

0.00000000

4.37500000

1,000.00000000

J-RR

08190AAY6

1,000.00000000

0.00000000

4.36866501

0.00633506

0.07520647

0.00000000

0.00000000

4.36866501

1,000.00000000

R

08190ABA7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

08190AAG5

995.91912447

0.00000000

0.82359631

0.00000000

0.00000000

0.00000000

0.00000000

0.82359631

995.60811357

X-D

08190AAL4

1,000.00000000

0.00000000

2.64916788

0.00000000

0.00000000

0.00000000

0.00000000

2.64916788

1,000.00000000

X-RR

08190AAQ3

1,000.00000000

0.00000000

1.60750136

0.00000000

0.00000000

0.00000000

0.00000000

1.60750136

1,000.00000000

 

 

 

 

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Page 3 of 27

 


 
 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

08/01/25 - 08/30/25

30

0.00

55,995.40

0.00

55,995.40

0.00

0.00

0.00

55,995.40

0.00

 

A-2

08/01/25 - 08/30/25

30

0.00

580,449.46

0.00

580,449.46

0.00

0.00

0.00

580,449.46

0.00

 

A-3

08/01/25 - 08/30/25

30

0.00

2,937,046.68

0.00

2,937,046.68

0.00

0.00

0.00

2,937,046.68

0.00

 

X-A

08/01/25 - 08/30/25

30

0.00

662,336.15

0.00

662,336.15

0.00

0.00

0.00

662,336.15

0.00

 

X-D

08/01/25 - 08/30/25

30

0.00

60,202.34

0.00

60,202.34

0.00

0.00

0.00

60,202.34

0.00

 

A-M

08/01/25 - 08/30/25

30

0.00

555,666.31

0.00

555,666.31

0.00

0.00

0.00

555,666.31

0.00

 

B

08/01/25 - 08/30/25

30

0.00

317,222.14

0.00

317,222.14

0.00

0.00

0.00

317,222.14

0.00

 

C

08/01/25 - 08/30/25

30

0.00

226,581.26

0.00

226,581.26

0.00

0.00

0.00

226,581.26

0.00

 

D

08/01/25 - 08/30/25

30

0.00

75,750.00

0.00

75,750.00

0.00

0.00

0.00

75,750.00

0.00

 

X-RR

08/01/25 - 08/30/25

30

0.00

148,149.61

0.00

148,149.61

0.00

0.00

0.00

148,149.61

0.00

 

E-RR

08/01/25 - 08/30/25

30

0.00

49,708.75

0.00

49,708.75

0.00

0.00

0.00

49,708.75

0.00

 

F-RR

08/01/25 - 08/30/25

30

0.00

93,896.25

0.00

93,896.25

0.00

0.00

0.00

93,896.25

0.00

 

G-RR

08/01/25 - 08/30/25

30

0.00

66,281.25

0.00

66,281.25

0.00

0.00

0.00

66,281.25

0.00

 

J-RR

08/01/25 - 08/30/25

30

3,043.25

193,319.97

0.00

193,319.97

279.93

0.00

0.00

193,040.04

3,323.18

 

Totals

 

 

3,043.25

6,022,605.57

0.00

6,022,605.57

279.93

0.00

0.00

6,022,325.64

3,323.18

 

 

 

 

 

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Page 4 of 27

 


 
 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

6,272,440.61

 

Excess Liquidation Proceeds Reserve Account Summary

 

 

Beginning Balance

0.00

 

Deposit Amount

0.00

 

Withdrawal Amount

0.00

 

Ending Balance

0.00

 

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

 

 

 

 

 

 

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Page 5 of 27

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

6,038,539.78

Master Servicing Fee

6,112.40

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,827.96

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

433.44

ARD Interest

0.00

Operating Advisor Fee

1,560.39

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

0.00

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

6,038,539.78

Total Fees

15,934.19

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

250,114.97

Reimbursement for Interest on Advances

279.93

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

250,114.97

Total Expenses/Reimbursements

279.93

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

6,022,325.64

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

250,114.97

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

6,272,440.61

Total Funds Collected

6,288,654.75

Total Funds Distributed

6,288,654.73

 

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Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

1,006,703,581.05

1,006,703,581.05

Beginning Certificate Balance

1,006,703,580.90

(-) Scheduled Principal Collections

250,114.97

250,114.97

(-) Principal Distributions

250,114.97

(-) 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

1,006,453,466.08

1,006,453,466.08

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

1,006,703,581.05

1,006,703,581.05

Ending Certificate Balance

1,006,453,465.93

Ending Actual Collateral Balance

1,006,453,466.08

1,006,453,466.08

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.15)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.15)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

7.18%

 

 

 

 

UC / (OC) Interest

0.00

(1)

Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.

 

 

 

(2)

Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.

 

 

 

**

A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

 

 

 

 

 

 

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Page 7 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

$9,999,999 or less

12

77,195,834.04

7.67%

45

6.5984

1.662205

1.49 or less

24

542,560,000.00

53.91%

45

6.8574

1.243912

$10,000,000 or $19,999,999

11

158,993,632.04

15.80%

45

7.3982

2.058129

1.50 to 1.99

9

322,314,000.00

32.02%

45

7.1276

1.792568

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

9

209,070,000.00

20.77%

45

6.9493

1.585916

2.00 to 2.49

4

37,588,542.08

3.73%

46

6.2492

2.109106

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

3

103,015,000.00

10.24%

45

7.2737

1.193000

2.50 or greater

6

95,990,924.00

9.54%

45

7.4179

2.799202

$40,000,000.00 or greater

9

458,179,000.00

45.52%

45

6.8160

1.542274

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 27

 


 
 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

California

6

107,830,607.56

10.71%

45

7.5374

1.479824

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

34

91,444,834.03

9.09%

45

6.5195

1.641968

Colorado

1

21,500,000.00

2.14%

44

6.0850

1.131200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

3

100,000,000.00

9.94%

45

7.8590

1.688470

Florida

3

50,539,064.35

5.02%

45

6.6898

1.746340

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

4

139,749,604.56

13.89%

45

6.5813

1.859793

Georgia

2

72,340,924.04

7.19%

44

7.8950

2.595014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

16

241,622,915.01

24.01%

45

6.6051

1.346191

Illinois

2

65,909,935.82

6.55%

45

7.5744

1.845273

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

9

148,678,664.97

14.77%

45

6.9883

1.426707

Kansas

2

582,020.08

0.06%

43

5.7440

2.000500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

10

264,957,447.11

26.33%

45

7.3589

1.786605

Kentucky

1

355,746.17

0.04%

43

5.7440

2.000500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

5

20,000,000.00

1.99%

44

6.2100

1.120700

Maryland

1

273,464.77

0.03%

43

5.7440

2.000500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

81

1,006,453,466.08

100.00%

45

6.9658

1.606281

Michigan

13

59,899,375.11

5.95%

45

6.3326

1.519084

 

 

 

 

 

 

 

 

Minnesota

1

11,750,000.00

1.17%

46

4.8200

2.637400

 

 

 

 

 

 

 

 

Missouri

2

559,029.69

0.06%

43

5.7440

2.000500

 

 

 

 

 

 

 

 

Nevada

1

69,500,000.00

6.91%

46

6.3600

1.145700

 

 

 

 

 

 

 

 

New Jersey

9

109,950,000.00

10.92%

45

6.5601

1.089938

 

 

 

 

 

 

 

 

New York

25

296,667,541.67

29.48%

46

6.8390

1.657195

 

 

 

 

 

 

 

 

Ohio

2

3,470,698.18

0.34%

46

7.4693

1.507372

 

 

 

 

 

 

 

 

Pennsylvania

1

388,416.73

0.04%

43

5.7440

2.000500

 

 

 

 

 

 

 

 

South Carolina

4

851,854.81

0.08%

43

5.7440

2.000500

 

 

 

 

 

 

 

 

Texas

3

55,984,786.70

5.56%

45

7.2133

1.281241

 

 

 

 

 

 

 

 

Utah

1

70,000,000.00

6.96%

44

7.6300

1.736200

 

 

 

 

 

 

 

 

Wisconsin

1

8,100,000.00

0.80%

45

6.1000

1.603000

 

 

 

 

 

 

 

 

Totals

81

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 9 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

5.9999% or less

3

22,400,000.00

2.23%

45

5.2593

2.348725

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

6.0000% to 6.4999%

12

324,217,542.08

32.21%

45

6.2712

1.442127

13 months or greater

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

6.5000% to 6.9999%

8

225,050,000.00

22.36%

45

6.7832

1.354242

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

7.0000% or greater

21

434,785,924.00

43.20%

45

7.6662

1.820897

 

 

 

 

 

 

 

 

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

 

 

 

 

 

 

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 10 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

59 months or less

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

Interest Only

37

847,095,000.00

84.17%

45

6.9800

1.477127

 

60 months or greater

0

0.00

0.00%

0

0.0000

0.000000

360 or less

7

159,358,466.08

15.83%

45

6.8903

2.292817

 

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

361 or more

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

(1)

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

 

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

 

 

 

 

(2)

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

 

 

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 11 of 27

 


 
 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

                     Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

                WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

                     DSCR¹

Underwriter's Information

9

136,351,858.34

13.55%

45

7.1636

2.022979

 

 

No outstanding loans in this group

 

 

12 months or less

35

870,101,607.74

86.45%

45

6.9348

1.540981

 

 

 

 

 

 

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

44

1,006,453,466.08

100.00%

45

6.9658

1.606281

 

 

 

 

 

(1)

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

 

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

 

 

(2)

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

 

 

 

(3)

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

 

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

 

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

 

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

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 12 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                   Anticipated    Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

Adjustments               Repay Date

Date

Date

Balance

Balance

Date

1

301271896

MU

New York

NY

Actual/360

6.129%

360,387.01

101,500.00

0.00

N/A

07/01/29

--

68,280,500.00

68,179,000.00

09/01/25

1A

453121177

 

 

 

Actual/360

6.129%

90,614.55

25,520.83

0.00

N/A

07/01/29

--

17,168,228.87

17,142,708.04

09/01/25

1B

453121178

 

 

 

Actual/360

6.129%

51,779.74

14,583.33

0.00

N/A

07/01/29

--

9,810,417.37

9,795,834.04

09/01/25

2

301271884

RT

Salt Lake City

UT

Actual/360

7.630%

328,513.89

0.00

0.00

N/A

05/01/29

--

50,000,000.00

50,000,000.00

09/01/25

2A

301271885

 

 

 

Actual/360

7.630%

131,405.56

0.00

0.00

N/A

05/01/29

--

20,000,000.00

20,000,000.00

09/01/25

3

328501003

RT

Las Vegas

NV

Actual/360

6.360%

219,066.67

0.00

0.00

N/A

07/01/29

--

40,000,000.00

40,000,000.00

09/01/25

3A

328501103

 

 

 

Actual/360

6.360%

161,561.67

0.00

0.00

N/A

07/01/29

--

29,500,000.00

29,500,000.00

09/01/25

4

328501004

RT

Lawrenceville

GA

Actual/360

8.017%

131,925.26

32,224.42

0.00

N/A

05/01/29

--

19,109,832.16

19,077,607.74

09/01/25

4A

328501104

 

 

 

Actual/360

8.017%

134,617.61

32,882.07

0.00

N/A

05/01/29

--

19,499,828.68

19,466,946.61

09/01/25

4B

328501114

 

 

 

Actual/360

8.017%

106,617.15

26,042.59

0.00

N/A

05/01/29

--

15,443,864.42

15,417,821.83

09/01/25

4C

328502004

 

 

 

Actual/360

8.017%

71,078.10

17,361.73

0.00

N/A

05/01/29

--

10,295,909.55

10,278,547.82

09/01/25

5

328501005

LO

Chicago

IL

Actual/360

7.600%

425,388.89

0.00

0.00

N/A

06/06/29

--

65,000,000.00

65,000,000.00

09/06/25

6

328501006

Various     Detroit

MI

Actual/360

6.385%

302,400.69

0.00

0.00

N/A

06/06/29

--

55,000,000.00

55,000,000.00

09/06/25

7

328501007

MF

Davie

FL

Actual/360

6.700%

288,472.22

0.00

0.00

N/A

06/06/29

--

50,000,000.00

50,000,000.00

09/06/25

8

328501008

MF

Paramus

NJ

Actual/360

6.780%

271,482.50

0.00

0.00

N/A

06/06/29

--

46,500,000.00

46,500,000.00

09/06/25

9

328501009

OF

San Antonio

TX

Actual/360

6.860%

256,964.17

0.00

0.00

N/A

06/06/29

--

43,500,000.00

43,500,000.00

09/06/25

10

656121047

OF

New York

NY

Actual/360

6.882%

237,046.67

0.00

0.00

N/A

06/01/29

--

40,000,000.00

40,000,000.00

09/01/25

11

328320015

MU

Pleasanton

CA

Actual/360

7.780%

167,486.11

0.00

0.00

N/A

05/06/29

--

25,000,000.00

25,000,000.00

09/06/25

11A

328320115

 

 

 

Actual/360

7.780%

81,063.28

0.00

0.00

N/A

05/06/29

--

12,100,000.00

12,100,000.00

09/06/25

12

328501012

MF

East Orange

NJ

Actual/360

6.420%

199,572.83

0.00

0.00

N/A

06/06/29

--

36,100,000.00

36,100,000.00

09/06/25

13

328501013

LO

Farmingdale

NY

Actual/360

8.340%

251,358.33

0.00

0.00

N/A

07/06/29

--

35,000,000.00

35,000,000.00

09/06/25

14

328501014

IN

Various

NY

Actual/360

7.070%

194,300.29

0.00

0.00

N/A

06/06/29

--

31,915,000.00

31,915,000.00

09/06/25

15

328501015

RT

Beverly Hills

CA

Actual/360

7.663%

188,953.62

0.00

0.00

N/A

06/05/29

--

28,635,000.00

28,635,000.00

09/05/25

16

328501016

IN

Various

NY

Actual/360

7.070%

139,020.75

0.00

0.00

N/A

06/06/29

--

22,835,000.00

22,835,000.00

09/06/25

17

328501017

MF

Brooklyn

NY

Actual/360

6.568%

122,164.80

0.00

0.00

N/A

07/06/29

--

21,600,000.00

21,600,000.00

09/06/25

18

328501018

MF

Fort Collins

CO

Actual/360

6.085%

112,657.01

0.00

0.00

N/A

05/06/29

--

21,500,000.00

21,500,000.00

09/06/25

19

328501019

SS

Various

NJ

Actual/360

6.210%

106,950.00

0.00

0.00

N/A

05/06/29

--

20,000,000.00

20,000,000.00

09/06/25

20

328501020

OF

New York

NY

Actual/360

7.020%

120,900.00

0.00

0.00

N/A

07/06/29

--

20,000,000.00

20,000,000.00

09/06/25

 

 

 

 

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Page 13 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                  Anticipated    Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

Adjustments              Repay Date

Date

Date

Balance

Balance

Date

21

328501021

OF

Los Angeles

CA

Actual/360

7.338%

115,634.65

0.00

0.00

N/A

07/06/29

--

18,300,000.00

18,300,000.00

09/06/25

22

328501022

OF

San Diego

CA

Actual/360

7.912%

84,891.36

0.00

0.00

N/A

05/06/29

--

12,460,000.00

12,460,000.00

09/06/25

23

328501023

RT

San Antonio

TX

Actual/360

8.530%

88,877.86

0.00

0.00

N/A

07/06/29

--

12,100,000.00

12,100,000.00

09/06/25

24

328501024

IN

Lake Elmo

MN

Actual/360

4.820%

48,769.03

0.00

0.00

N/A

07/06/29

--

11,750,000.00

11,750,000.00

09/06/25

25

328501025

MF

San Diego

CA

Actual/360

6.360%

59,695.67

0.00

0.00

N/A

06/06/29

--

10,900,000.00

10,900,000.00

09/06/25

26

328501026

Various     Various

Various

Actual/360

5.744%

39,569.78

0.00

0.00

N/A

04/06/29

--

8,000,000.00

8,000,000.00

09/06/25

26A

328501126

 

 

 

Actual/360

5.744%

13,107.49

0.00

0.00

N/A

04/06/29

--

2,650,000.00

2,650,000.00

09/06/25

27

328501027

MF

Macon

GA

Actual/360

6.927%

48,315.82

0.00

0.00

N/A

06/06/29

--

8,100,000.00

8,100,000.00

09/06/25

28

328501028

RT

Pewaukee

WI

Actual/360

6.100%

42,547.50

0.00

0.00

N/A

06/06/29

--

8,100,000.00

8,100,000.00

09/06/25

29

328501029

MF

Bronx

NY

Actual/360

6.820%

46,982.22

0.00

0.00

N/A

06/06/29

--

8,000,000.00

8,000,000.00

09/06/25

30

328501030

MF

Brooklyn

NY

Actual/360

6.440%

44,364.44

0.00

0.00

N/A

06/06/29

--

8,000,000.00

8,000,000.00

07/06/25

31

328501031

MF

Central Valley

NY

Actual/360

7.160%

45,625.11

0.00

0.00

N/A

07/06/29

--

7,400,000.00

7,400,000.00

09/06/25

32

328501032

MF

East Orange

NJ

Actual/360

6.810%

43,101.62

0.00

0.00

N/A

07/06/29

--

7,350,000.00

7,350,000.00

09/06/25

33

328501033

RT

New York

NY

Actual/360

7.177%

27,192.86

0.00

0.00

N/A

05/06/29

--

4,400,000.00

4,400,000.00

09/06/25

34

328501034

RT

Reynoldsburg

OH

Actual/360

7.740%

19,995.00

0.00

0.00

N/A

07/06/29

--

3,000,000.00

3,000,000.00

09/06/25

35

328501035

MF

Bronx

NY

Actual/360

7.800%

16,120.00

0.00

0.00

N/A

06/06/29

--

2,400,000.00

2,400,000.00

09/06/25

Totals

 

 

 

 

 

 

6,038,539.78

250,114.97

0.00

 

 

 

1,006,703,581.05

1,006,453,466.08

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 14 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

1

52,165,343.60

13,669,501.14

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

 

 

1B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

9,409,935.00

4,853,447.67

01/01/25

06/30/25

--

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

 

 

3

0.00

6,348,326.83

01/01/25

06/30/25

--

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

 

 

4

20,126,020.63

10,017,707.77

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4C

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

10,487,781.87

10,321,513.82

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

7,589,245.00

3,958,474.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

9,101,387.63

5,119,392.45

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

3,337,397.07

1,013,908.85

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

4,536,550.24

2,045,912.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

8,392,657.45

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

12,363,650.17

2,284,930.43

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

11,950,035.10

1,596,693.61

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

4,913,368.12

4,718,134.64

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

2,952,705.72

1,652,319.84

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

11,808,460.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,980,456.80

1,183,306.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,322,301.52

925,845.95

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

1,146,501.19

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

0.00

4,125,387.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

2,706,502.39

1,120,480.96

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 15 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

21

1,675,102.78

981,745.92

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

7,801,879.00

1,932,299.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,601,686.55

852,039.39

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,529,017.81

755,155.82

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

741,172.00

211,360.23

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

27,835,139.60

7,049,762.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

900,599.11

195,461.81

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

924,054.05

213,908.33

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

903,146.44

321,310.53

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

607,892.19

169,385.16

01/01/25

03/31/25

--

0.00

0.00

44,269.17

88,694.44

0.00

0.00

 

 

31

833,739.83

214,979.31

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

645,705.42

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

314,917.22

101,241.41

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

344,520.00

172,260.00

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

0.00

130,584.50

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

221,802,370.31

89,403,277.56

 

 

 

0.00

0.00

44,269.17

88,694.44

0.00

0.00

 

 

 

 

 

 

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Page 16 of 27

 


 
 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

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Page 17 of 27

 


 
 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

 

Curtailments

 

Payoff

 

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

 

#

Amount

#

Amount

 

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

09/17/25

1

8,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.965806%

6.947424%

45

08/15/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.965802%

6.947421%

46

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

 

6.965797%

6.947417%

47

06/17/25

0

0.00

1

8,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.965806%

6.947427%

48

05/16/25

1

8,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.965799%

6.947421%

49

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

 

6.965807%

6.947429%

50

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

 

6.965798%

6.947422%

51

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

 

6.965834%

6.947459%

52

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

 

6.965824%

6.947450%

53

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

 

6.965813%

6.947440%

54

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

 

6.965816%

6.947444%

55

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

 

6.965804%

6.947433%

56

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 18 of 27

 


 
 

 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

Servicer

Actual Principal

Transfer

Strategy

             Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

Advances

Balance

Date

Code²

 

Date

Date

REO Date

30

328501030

07/06/25

1

1

 

44,269.17

88,694.44

0.00

8,000,000.00

 

 

 

 

 

 

Totals

 

 

 

 

 

44,269.17

88,694.44

0.00

8,000,000.00

 

 

 

 

 

 

 

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 19 of 27

 


 
 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

Total

Performing

Non-Performing

          REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

0

0

0

 

 

0

 

25 - 36 Months

0

0

0

 

 

0

 

37 - 48 Months

1,006,453,466

998,453,466

8,000,000

 

 

0

 

49 - 60 Months

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

 

    REO/Foreclosure

 

 

Sep-25

1,006,453,466

998,453,466

8,000,000

0

0

 

0

 

Aug-25

1,006,703,581

1,006,703,581

0

0

0

 

0

 

Jul-25

1,006,952,952

1,006,952,952

0

0

0

 

0

 

Jun-25

1,007,215,867

999,215,867

0

8,000,000

0

 

0

 

May-25

1,007,463,667

999,463,667

8,000,000

0

0

 

0

 

Apr-25

1,007,725,072

1,007,725,072

0

0

0

 

0

 

Mar-25

1,007,971,323

1,007,971,323

0

0

0

 

0

 

Feb-25

1,008,260,022

1,008,260,022

0

0

0

 

0

 

Jan-25

1,008,504,547

1,008,504,547

0

0

0

 

0

 

Dec-24

1,008,748,366

1,008,748,366

0

0

0

 

0

 

Nov-24

1,009,005,944

1,009,005,944

0

0

0

 

0

 

Oct-24

1,009,248,267

1,009,248,267

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 20 of 27

 


 
 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

 

 

 

 

No specially serviced loans this period

 

 

 

 

 

 

 

 

 

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Page 21 of 27

 


 
 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

 

 

 

 

 

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 22 of 27

 


 
 

 

                 

 

 

 

 

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 23 of 27

 


 
 

 

                       

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

              Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹               Number                 Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

 

 

 

 

No liquidated loans this period

 

 

 

 

 

Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

 

 

 

 

 

 

 

 

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Page 24 of 27

 


 
 

 

                     

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

          Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID           Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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Page 25 of 27

 


 
 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

Collected

Monthly

Liquidation

Work Out

ASER

PPIS / (PPIE)

Interest

Advances

Interest

(Refunds)

(Excess)

17

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

279.93

0.00

0.00

0.00

Total

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

279.93

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

 

279.93

 

 

 

 

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Page 26 of 27

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27