EX-99.1 2 wcm245c1_ex991-202508.htm wcm245c1_ex991-202508.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

08/15/25

Wells Fargo Commercial Mortgage Trust 2024-5C1

Determination Date:

08/11/25

 

Next Distribution Date:

09/17/25

 

Record Date:

07/31/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2024-5C1

 

         

Table of Contents

 

 

Contacts

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

Certificate Factor Detail

3

 

A.J. Sfarra

cmbsnotices@wellsfargo.com

Certificate Interest Reconciliation Detail

4

 

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

Argentic Services Company LP

 

Principal Prepayment Detail

17

 

 

 

 

 

 

Attention: Andrew Hundertmark

ahundertmark@argenticservices.com;

Historical Detail

18

 

 

jmayfield@argenticservices.com

Delinquency Loan Detail

19

 

740 East Campbell Road, Suite 600 | Richardson, TX 75081 | United States

 

 

 

Operating Advisor & Asset

Pentalpha Surveillance LLC

 

Collateral Stratification and Historical Detail

20

Representations Reviewer

 

 

Specially Serviced Loan Detail - Part 1

21

 

Attention: Transaction Manager

notices@pentalphasurveillance.com

Specially Serviced Loan Detail - Part 2

22

 

501 John James Audubon Parkway, Suite 401 | Amherst, NY 14228 | 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

 

 

 

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

95003VAA6

5.227000%

9,386,000.00

7,571,614.26

143,610.53

32,980.69

0.00

0.00

176,591.22

7,428,003.73

30.08%

30.00%

A-2

95003VAB4

5.454000%

66,497,000.00

66,497,000.00

0.00

302,228.86

0.00

0.00

302,228.86

66,497,000.00

30.08%

30.00%

A-3

95003VAC2

5.928000%

436,423,000.00

436,423,000.00

0.00

2,155,929.62

0.00

0.00

2,155,929.62

436,423,000.00

30.08%

30.00%

A-S

95003VAF5

6.520000%

68,612,000.00

68,612,000.00

0.00

372,791.87

0.00

0.00

372,791.87

68,612,000.00

20.68%

20.63%

B

95003VAG3

6.821000%

37,509,000.00

37,509,000.00

0.00

213,207.41

0.00

0.00

213,207.41

37,509,000.00

15.54%

15.50%

C

95003VAH1

7.033165%

28,359,000.00

28,359,000.00

0.00

166,211.26

0.00

0.00

166,211.26

28,359,000.00

11.66%

11.63%

D

95003VAN8

4.250000%

17,382,000.00

17,382,000.00

0.00

61,561.25

0.00

0.00

61,561.25

17,382,000.00

9.27%

9.25%

E

95003VAQ1

4.250000%

8,234,000.00

8,234,000.00

0.00

29,162.08

0.00

0.00

29,162.08

8,234,000.00

8.15%

8.13%

F

95003VAS7

4.250000%

16,467,000.00

16,467,000.00

0.00

58,320.63

0.00

0.00

58,320.63

16,467,000.00

5.89%

5.88%

G-RR

95003VAU2

7.113165%

10,978,000.00

10,978,000.00

0.00

65,073.60

0.00

0.00

65,073.60

10,978,000.00

4.39%

4.38%

J-RR*

95003VAW8

7.113165%

32,019,359.00

32,019,359.00

0.00

153,265.44

0.00

0.00

153,265.44

32,019,359.00

0.00%

0.00%

R

95003VAY4

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

731,866,359.00

730,051,973.26

143,610.53

3,610,732.71

0.00

0.00

3,754,343.24

729,908,362.73

 

 

 

 

X-A

95003VAD0

1.257305%

512,306,000.00

510,491,614.26

0.00

534,869.89

0.00

0.00

534,869.89

510,348,003.73

 

 

X-B

95003VAE8

0.400994%

134,480,000.00

134,480,000.00

0.00

44,938.11

0.00

0.00

44,938.11

134,480,000.00

 

 

X-D

95003VAJ7

2.863165%

25,616,000.00

25,616,000.00

0.00

61,119.02

0.00

0.00

61,119.02

25,616,000.00

 

 

X-F

95003VAL2

2.863165%

16,467,000.00

16,467,000.00

0.00

39,289.78

0.00

0.00

39,289.78

16,467,000.00

 

 

Notional SubTotal

 

688,869,000.00

687,054,614.26

0.00

680,216.80

0.00

0.00

680,216.80

686,911,003.73

 

 

 

Deal Distribution Total

 

 

 

143,610.53

4,290,949.51

0.00

0.00

4,434,560.04

 

 

 

 

*

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

95003VAA6

806.69233539

15.30050394

3.51381739

0.00000000

0.00000000

0.00000000

0.00000000

18.81432133

791.39183145

A-2

95003VAB4

1,000.00000000

0.00000000

4.54499992

0.00000000

0.00000000

0.00000000

0.00000000

4.54499992

1,000.00000000

A-3

95003VAC2

1,000.00000000

0.00000000

4.94000000

0.00000000

0.00000000

0.00000000

0.00000000

4.94000000

1,000.00000000

A-S

95003VAF5

1,000.00000000

0.00000000

5.43333338

0.00000000

0.00000000

0.00000000

0.00000000

5.43333338

1,000.00000000

B

95003VAG3

1,000.00000000

0.00000000

5.68416673

0.00000000

0.00000000

0.00000000

0.00000000

5.68416673

1,000.00000000

C

95003VAH1

1,000.00000000

0.00000000

5.86097042

0.00000000

0.00000000

0.00000000

0.00000000

5.86097042

1,000.00000000

D

95003VAN8

1,000.00000000

0.00000000

3.54166667

0.00000000

0.00000000

0.00000000

0.00000000

3.54166667

1,000.00000000

E

95003VAQ1

1,000.00000000

0.00000000

3.54166626

0.00000000

0.00000000

0.00000000

0.00000000

3.54166626

1,000.00000000

F

95003VAS7

1,000.00000000

0.00000000

3.54166697

0.00000000

0.00000000

0.00000000

0.00000000

3.54166697

1,000.00000000

G-RR

95003VAU2

1,000.00000000

0.00000000

5.92763709

0.00000000

0.00000000

0.00000000

0.00000000

5.92763709

1,000.00000000

J-RR

95003VAW8

1,000.00000000

0.00000000

4.78664923

1.14098818

1.54241782

0.00000000

0.00000000

4.78664923

1,000.00000000

R

95003VAY4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

95003VAD0

996.45839451

0.00000000

1.04404377

0.00000000

0.00000000

0.00000000

0.00000000

1.04404377

996.17807273

X-B

95003VAE8

1,000.00000000

0.00000000

0.33416203

0.00000000

0.00000000

0.00000000

0.00000000

0.33416203

1,000.00000000

X-D

95003VAJ7

1,000.00000000

0.00000000

2.38597049

0.00000000

0.00000000

0.00000000

0.00000000

2.38597049

1,000.00000000

X-F

95003VAL2

1,000.00000000

0.00000000

2.38597073

0.00000000

0.00000000

0.00000000

0.00000000

2.38597073

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

07/01/25 - 07/30/25

30

0.00

32,980.69

0.00

32,980.69

0.00

0.00

0.00

32,980.69

0.00

 

A-2

07/01/25 - 07/30/25

30

0.00

302,228.86

0.00

302,228.86

0.00

0.00

0.00

302,228.86

0.00

 

A-3

07/01/25 - 07/30/25

30

0.00

2,155,929.62

0.00

2,155,929.62

0.00

0.00

0.00

2,155,929.62

0.00

 

X-A

07/01/25 - 07/30/25

30

0.00

534,869.89

0.00

534,869.89

0.00

0.00

0.00

534,869.89

0.00

 

X-B

07/01/25 - 07/30/25

30

0.00

44,938.11

0.00

44,938.11

0.00

0.00

0.00

44,938.11

0.00

 

X-D

07/01/25 - 07/30/25

30

0.00

61,119.02

0.00

61,119.02

0.00

0.00

0.00

61,119.02

0.00

 

X-F

07/01/25 - 07/30/25

30

0.00

39,289.78

0.00

39,289.78

0.00

0.00

0.00

39,289.78

0.00

 

A-S

07/01/25 - 07/30/25

30

0.00

372,791.87

0.00

372,791.87

0.00

0.00

0.00

372,791.87

0.00

 

B

07/01/25 - 07/30/25

30

0.00

213,207.41

0.00

213,207.41

0.00

0.00

0.00

213,207.41

0.00

 

C

07/01/25 - 07/30/25

30

0.00

166,211.26

0.00

166,211.26

0.00

0.00

0.00

166,211.26

0.00

 

D

07/01/25 - 07/30/25

30

0.00

61,561.25

0.00

61,561.25

0.00

0.00

0.00

61,561.25

0.00

 

E

07/01/25 - 07/30/25

30

0.00

29,162.08

0.00

29,162.08

0.00

0.00

0.00

29,162.08

0.00

 

F

07/01/25 - 07/30/25

30

0.00

58,320.63

0.00

58,320.63

0.00

0.00

0.00

58,320.63

0.00

 

G-RR

07/01/25 - 07/30/25

30

0.00

65,073.60

0.00

65,073.60

0.00

0.00

0.00

65,073.60

0.00

 

J-RR

07/01/25 - 07/30/25

30

12,777.78

189,799.14

0.00

189,799.14

36,533.71

0.00

0.00

153,265.44

49,387.23

 

Totals

 

 

12,777.78

4,327,483.21

0.00

4,327,483.21

36,533.71

0.00

0.00

4,290,949.51

49,387.23

 

 

 

 

 

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Page 4 of 27

 


 
 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,434,560.04

 

(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

4,343,300.11

Master Servicing Fee

6,399.62

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,851.91

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

314.33

ARD Interest

0.00

Operating Advisor Fee

1,062.43

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

188.60

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,343,300.11

Total Fees

15,816.89

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

143,610.53

Reimbursement for Interest on Advances

101.98

Unscheduled Principal Collections

 

ASER Amount

19,747.70

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

16,684.03

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

143,610.53

Total Expenses/Reimbursements

36,533.71

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,290,949.51

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

143,610.53

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

4,434,560.04

Total Funds Collected

4,486,910.64

Total Funds Distributed

4,486,910.64

 

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Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

730,051,974.00

730,051,974.00

Beginning Certificate Balance

730,051,973.26

(-) Scheduled Principal Collections

143,610.53

143,610.53

(-) Principal Distributions

143,610.53

(-) 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

729,908,363.47

729,908,363.47

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

730,051,986.00

730,051,986.00

Ending Certificate Balance

729,908,362.73

Ending Actual Collateral Balance

729,908,376.47

729,908,376.47

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                      Principal

      (WODRA) from Principal

Beginning UC / (OC)

(0.74)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.74)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

7.11%

 

 

 

 

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

 

5,000,000 or less

2

8,200,000.00

1.12%

47

6.9422

1.211522

1.50 or less

22

490,214,529.31

67.16%

46

6.9335

1.213463

5,000,001 to 15,000,000

17

180,748,599.62

24.76%

46

7.0898

1.388202

1.51 to 2.00

8

145,441,000.86

19.93%

47

6.6714

1.822164

15,000,001 to 30,000,000

9

213,353,300.39

29.23%

47

7.1242

1.669766

2.01 or greater

5

94,252,833.30

12.91%

46

7.1474

2.189445

30,000,001 to 50,000,000

6

263,106,463.46

36.05%

47

6.6005

1.380587

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

50,000,001 to 70,000,000

1

64,500,000.00

8.84%

47

6.9440

1.331700

 

 

 

 

 

 

 

 

70,000,0001 or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

 

 

 

 

 

 

 

(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 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

 

Arizona

2

27,000,000.00

3.70%

46

6.4867

1.174667

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

1

15,621,439.00

2.14%

46

6.4500

1.870700

California

4

82,976,381.16

11.37%

47

6.7639

1.625066

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

4

72,319,385.16

9.91%

46

7.4147

2.021033

Connecticut

2

36,450,000.00

4.99%

47

7.4156

1.678337

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

5

110,644,500.04

15.16%

47

6.5481

1.581307

Florida

5

21,285,899.00

2.92%

46

7.0174

1.708395

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

7

14,000,000.00

1.92%

46

7.0340

1.256300

Georgia

1

5,600,000.00

0.77%

47

6.8620

1.892900

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

16

323,200,000.00

44.28%

46

6.8070

1.213530

Illinois

2

5,238,327.00

0.72%

46

6.4500

1.870700

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

6

152,706,181.25

20.92%

47

7.1456

1.540713

Kentucky

1

11,250,000.00

1.54%

46

7.0220

2.016800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

8

36,216,858.16

4.96%

47

6.9517

1.760872

Louisiana

1

10,769,385.16

1.48%

46

8.4850

1.314000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

1

5,200,000.00

0.71%

46

7.6800

1.381300

Massachusetts

3

6,814,101.00

0.93%

46

7.0340

1.256300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

48

729,908,363.47

100.00%

46

6.9089

1.460781

Michigan

1

5,000,000.00

0.69%

47

7.2700

1.250000

 

 

 

 

 

 

 

 

Minnesota

1

47,850,000.00

6.56%

46

6.9200

1.204700

 

 

 

 

 

 

 

 

Mississippi

2

16,475,006.00

2.26%

46

6.4500

1.870700

 

 

 

 

 

 

 

 

New Jersey

2

50,000,000.00

6.85%

46

6.4200

0.806100

 

 

 

 

 

 

 

 

New Mexico

2

6,065,259.00

0.83%

46

7.5045

1.451117

 

 

 

 

 

 

 

 

New York

6

139,894,500.04

19.17%

47

6.7731

1.513213

 

 

 

 

 

 

 

 

North Carolina

1

13,000,000.00

1.78%

47

7.5190

1.554400

 

 

 

 

 

 

 

 

Ohio

3

43,432,080.00

5.95%

45

6.7744

1.250057

 

 

 

 

 

 

 

 

Pennsylvania

1

23,300,000.00

3.19%

46

7.2890

2.022200

 

 

 

 

 

 

 

 

Tennessee

1

25,000,000.00

3.43%

46

7.1550

1.610100

 

 

 

 

 

 

 

 

Texas

5

143,995,144.25

19.73%

47

7.0346

1.410994

 

 

 

 

 

 

 

 

Wisconsin

2

8,512,281.00

1.17%

46

6.4500

1.870700

 

 

 

 

 

 

 

 

Totals

48

729,908,363.47

100.00%

46

6.9089

1.460781

 

 

 

 

 

 

 

 

 

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

 

6.5000 or less

8

202,867,453.00

27.79%

46

6.3650

1.420262

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

6.5001 to 7.0000

8

199,726,381.16

27.36%

47

6.8425

1.291605

13 months or greater

35

729,908,363.47

100.00%

46

6.9089

1.460781

 

7.0001 to 7.5000

15

288,895,144.15

39.58%

46

7.2056

1.660222

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

 

7.5001 to 8.0000

3

27,650,000.00

3.79%

46

7.6658

0.953445

 

 

 

 

 

 

 

 

8.0001 or greater

1

10,769,385.16

1.48%

46

8.4850

1.314000

 

 

 

 

 

 

 

 

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

 

 

 

 

 

 

 

(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

 

54 or less

35

729,908,363.47

100.00%

46

6.9089

1.460781

Interest Only

27

556,372,953.00

76.23%

46

6.8926

1.415116

 

55 or greater

0

0.00

0.00%

0

0.0000

0.000000

240 or less

3

58,220,881.16

7.98%

47

6.2511

1.974053

 

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

241 or greater

5

115,314,529.31

15.80%

47

7.3199

1.421961

 

 

 

 

 

 

 

 

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

(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

5

62,706,133.69

8.59%

47

7.0755

1.489850

 

 

No outstanding loans in this group

 

 

12 months or less

30

667,202,229.78

91.41%

46

6.8933

1.458049

 

 

 

 

 

 

13 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

35

729,908,363.47

100.00%

46

6.9089

1.460781

 

 

 

 

 

(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

310967507

OF

The Woodlands

TX

Actual/360

7.075%

286,483.78

31,595.90

0.00

N/A

07/11/29

--

47,023,439.66

46,991,843.76

08/11/25

1A

301741688

 

 

 

Actual/360

7.075%

154,260.49

17,013.19

0.00

N/A

07/11/29

--

25,320,313.58

25,303,300.39

08/11/25

2

310967384

MF

Houston

TX

Actual/360

6.944%

385,681.33

0.00

0.00

N/A

07/11/29

--

64,500,000.00

64,500,000.00

04/11/25

3

301271897

MU

New York

NY

Actual/360

6.129%

207,426.85

58,333.33

0.00

N/A

07/01/29

--

39,300,000.03

39,241,666.70

08/01/25

3A

301271898

 

 

 

Actual/360

6.129%

53,930.98

15,166.67

0.00

N/A

07/01/29

--

10,217,999.97

10,202,833.30

08/01/25

4

328511012

MF

East Orange

NJ

Actual/360

6.420%

276,416.67

0.00

0.00

N/A

06/06/29

--

50,000,000.00

50,000,000.00

08/06/25

5

301741681

MF

Minneapolis

MN

Actual/360

6.920%

285,132.83

0.00

0.00

N/A

06/06/29

--

47,850,000.00

47,850,000.00

08/06/25

6

301741692

MF

Los Angeles

CA

Actual/360

6.490%

254,281.81

0.00

0.00

N/A

07/06/29

--

45,500,000.00

45,500,000.00

08/06/25

7

310966483

Various      Various

Various

Actual/360

6.450%

186,192.07

0.00

0.00

N/A

06/11/29

--

33,522,953.00

33,522,953.00

08/11/25

8

328551008

OF

New York

NY

Actual/360

7.480%

111,109.17

0.00

0.00

N/A

07/06/29

--

17,250,000.00

17,250,000.00

08/06/25

8A

328551108

 

 

 

Actual/360

7.480%

96,616.67

0.00

0.00

N/A

07/06/29

--

15,000,000.00

15,000,000.00

08/06/25

9

301741687

MF

Solon

OH

Actual/360

6.670%

160,821.11

0.00

0.00

N/A

07/06/29

--

28,000,000.00

28,000,000.00

08/06/25

10

399570138

LO

Windsor

CT

Actual/360

7.260%

168,795.00

0.00

0.00

N/A

07/06/29

--

27,000,000.00

27,000,000.00

08/06/25

11

310968076

OF

Nashville

TN

Actual/360

7.155%

154,031.25

0.00

0.00

N/A

06/11/29

--

25,000,000.00

25,000,000.00

08/11/25

12

310967183

LO

Pittsburgh

PA

Actual/360

7.289%

146,245.69

0.00

0.00

N/A

06/11/29

--

23,300,000.00

23,300,000.00

08/11/25

13

310965792

MU

New York

NY

Actual/360

6.705%

132,796.25

0.00

0.00

N/A

06/11/29

--

23,000,000.00

23,000,000.00

08/11/25

14

307331296

MF

Northridge

CA

Actual/360

7.390%

143,181.25

0.00

0.00

N/A

06/06/29

--

22,500,000.00

22,500,000.00

08/06/25

15

399570137

MU

New York

NY

Actual/360

7.270%

137,726.11

0.00

0.00

N/A

07/06/29

--

22,000,000.00

22,000,000.00

08/06/25

16

328551016

MF

Phoenix

AZ

Actual/360

6.420%

82,925.00

0.00

0.00

N/A

06/06/29

--

15,000,000.00

15,000,000.00

08/06/25

17

410966938

OF

Miami

FL

Actual/360

7.009%

85,100.94

0.00

0.00

N/A

06/11/29

--

14,100,000.00

14,100,000.00

08/11/25

18

328551018

MH

Various

Various

Actual/360

7.034%

84,798.78

0.00

0.00

N/A

06/06/29

--

14,000,000.00

14,000,000.00

08/06/25

19

328551019

MF

Euclid

OH

Actual/360

7.060%

79,032.78

0.00

0.00

N/A

02/06/29

--

13,000,000.00

13,000,000.00

12/06/24

20

328551020

RT

Charlotte

NC

Actual/360

7.519%

84,171.03

0.00

0.00

N/A

07/06/29

--

13,000,000.00

13,000,000.00

08/06/25

21

328551021

MF

Phoenix

AZ

Actual/360

6.570%

67,890.00

0.00

0.00

N/A

06/06/29

--

12,000,000.00

12,000,000.00

08/06/25

22

328551022

LO

Florence

KY

Actual/360

7.022%

68,025.62

0.00

0.00

N/A

06/06/29

--

11,250,000.00

11,250,000.00

08/06/25

23

307331295

LO

Hammond

LA

Actual/360

8.485%

78,720.36

4,591.44

0.00

N/A

06/06/29

--

10,773,976.60

10,769,385.16

08/06/25

24

328551024

MU

New York

NY

Actual/360

6.850%

58,986.11

0.00

0.00

N/A

07/06/29

--

10,000,000.00

10,000,000.00

08/06/25

25

301741683

MF

Hartford

CT

Actual/360

7.860%

63,960.75

0.00

0.00

N/A

06/06/29

--

9,450,000.00

9,450,000.00

08/06/25

 

 

 

 

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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

26

328551026

RT

Anaheim

CA

Actual/360

6.937%

52,526.97

16,910.00

0.00

N/A

07/06/29

--

8,793,291.16

8,776,381.16

08/06/25

27

307331293

MF

Dallas

TX

Actual/360

7.440%

46,128.00

0.00

0.00

N/A

05/06/29

--

7,200,000.00

7,200,000.00

08/06/25

28

328551028

MU

San Francisco

CA

Actual/360

6.257%

33,405.43

0.00

0.00

N/A

07/06/29

--

6,200,000.00

6,200,000.00

08/06/25

29

301741693

OF

Peachtree Corners

GA

Actual/360

6.862%

33,090.09

0.00

0.00

N/A

07/06/29

--

5,600,000.00

5,600,000.00

08/06/25

30

399570133

SS

Santa Fe

NM

Actual/360

7.680%

34,389.33

0.00

0.00

N/A

06/06/29

--

5,200,000.00

5,200,000.00

08/06/25

31

328551031

MF

Plymouth

MI

Actual/360

7.270%

31,301.39

0.00

0.00

N/A

07/06/29

--

5,000,000.00

5,000,000.00

08/06/25

32

328551032

MF

Brooklyn

NY

Actual/360

6.430%

17,718.22

0.00

0.00

N/A

06/06/29

--

3,200,000.00

3,200,000.00

08/06/25

Totals

 

 

 

 

 

 

4,343,300.11

143,610.53

0.00

 

 

 

730,051,974.00

729,908,363.47

 

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

11,886,973.98

4,228,141.88

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

6,299,476.76

0.00

--

--

--

0.00

0.00

383,460.77

1,512,378.08

0.00

0.00

 

 

3

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

 

 

3A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

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

 

 

5

4,094,553.61

2,041,690.59

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

3,683,104.57

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

4,656,187.55

2,118,091.39

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

3,318,493.05

1,795,652.52

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

2,826,500.96

611,920.75

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

4,667,578.18

5,187,685.01

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

14,283,410.02

7,914,331.56

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

3,586,674.00

3,852,059.00

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

2,010,772.28

936,634.06

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

4,519,136.30

2,945,150.04

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

2,138,441.57

548,319.82

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

1,154,060.87

299,551.82

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,900,423.16

511,904.00

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

1,304,555.17

313,446.31

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

0.00

4,070,383.00

01/01/25

03/31/25

08/11/25

3,250,000.00

19,747.70

59,075.41

599,438.22

25,562.14

0.00

 

 

20

0.00

813,260.11

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

923,358.60

226,338.78

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

2,084,145.68

1,804,119.84

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,392,788.84

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

802,073.45

195,025.30

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

317,492.74

(12,201.18)

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

 

26

2,027,930.16

794,919.85

01/01/25

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

752,944.18

180,647.10

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

884,038.56

189,890.50

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

524,079.06

139,188.55

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

279,658.67

61,355.24

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

146,434,230.67

57,033,700.59

 

 

 

3,250,000.00

19,747.70

442,536.18

2,111,816.30

25,562.14

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

08/15/25

0

0.00

0

0.00

2

77,500,000.00

1

64,500,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908924%

6.857221%

46

07/17/25

0

0.00

1

64,500,000.00

1

13,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908868%

6.857168%

47

06/17/25

1

64,500,000.00

0

0.00

1

13,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908819%

6.879207%

48

05/16/25

1

64,500,000.00

0

0.00

1

13,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908762%

6.879150%

49

04/17/25

1

64,500,000.00

0

0.00

1

13,000,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908714%

6.879101%

50

03/17/25

0

0.00

1

13,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908656%

6.879043%

51

02/18/25

1

13,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908625%

6.883458%

52

01/17/25

1

13,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908567%

6.883399%

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

 

6.908509%

6.883340%

54

11/18/24

1

6,200,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.908460%

6.883290%

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

 

6.908401%

6.883230%

56

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

 

6.908352%

6.883179%

57

(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

2

310967384

04/11/25

3

3

 

383,460.77

1,512,378.08

0.00

64,500,000.00

07/11/25

13

 

 

07/14/25

 

19

328551019

12/06/24

7

6

 

59,075.41

599,438.22

151,850.96

13,000,000.00

02/19/25

3

05/22/25

 

 

Totals

 

 

 

 

 

442,536.18

2,111,816.30

151,850.96

77,500,000.00

 

 

 

 

 

 

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

 

729,908,363

652,408,363

       13,000,000

64,500,000

 

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

 

 

Aug-25

729,908,363

652,408,363

0

0

77,500,000

0

 

Jul-25

730,051,974

652,551,974

0

64,500,000

13,000,000

0

 

Jun-25

730,213,511

652,713,511

64,500,000

0

13,000,000

0

 

May-25

730,356,154

652,856,154

64,500,000

0

13,000,000

0

 

Apr-25

730,516,760

653,016,760

64,500,000

0

13,000,000

0

 

Mar-25

730,658,447

717,658,447

0

13,000,000

0

 

0

 

Feb-25

730,854,986

717,854,986

13,000,000

0

0

 

0

 

Jan-25

730,995,500

717,995,500

13,000,000

0

0

 

0

 

Dec-24

731,135,605

731,135,605

0

0

0

 

0

 

Nov-24

731,293,770

725,093,770

6,200,000

0

0

 

0

 

Oct-24

731,432,949

731,432,949

0

0

0

 

0

 

Sep-24

731,590,225

731,590,225

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

2

310967384

64,500,000.00

64,500,000.00

103,400,000.00

04/19/24

6,063,976.76

1.33170

12/31/24

07/11/29

I/O

19

328551019

13,000,000.00

13,000,000.00

77,000,000.00

12/12/23

4,070,383.00

1.07290

03/31/25

02/06/29

I/O

Totals

 

77,500,000.00

77,500,000.00

180,400,000.00

 

10,134,359.76

 

 

 

 

 

 

 

 

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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

 

2

310967384

MF

TX

07/11/25

13

 

 

 

 

The loan was transferred due to payment default and borrower's failure to pay the insurance premiums resulting in cancellation of the policy. The Special Servicer defaulted and accelerated the loan, and subsequently posted the properties for an

 

8/5 f oreclosure sale. Borrower has asked lender to pass the foreclosure sale in order to negotiate terms for a 90-day forbearance agreement. Borrower is selling multiple non-collateral properties and has asserted that the net sales proceeds

 

would be sufficient to reinstate the loan. Lender has requested additional information and is evaluating borrower's proposal.

 

 

 

19

328551019

MF

OH

02/19/25

3

 

 

 

 

The Loan transferred to special servicing on 2/19/2025 due to payment default. At ASC's direction, counsel filed a foreclosure complaint, a motion for the appointment of a receiver and initiated a lawsuit against the guarantor. In May 2025, the jud

 

ge approved the receivership motion, however, Borrower filed bankruptcy shortly thereafter to prevent the receiver from taking over operations of the property. Counsel conducted the rule 2004 examination in July and will file the lift stay

 

motion in the near term. Given that this is a single asset real estate case, Borrower must start making adequate protection payments or file a reorganization plan by 8/22/25. The exclusivity period ends on 9/22/25.Recently, a hearing was held

 

on Lender's default judgement motion against the guarantor. Absent any objection from the guarantor, the judge will enter an order granting default judgement in the near term.

 

 

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)

2

0.00

0.00

13,885.42

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

4

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

5.84

0.00

0.00

0.00

19

0.00

0.00

2,798.61

0.00

0.00

19,747.70

0.00

0.00

0.00

0.00

0.00

0.00

24

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

96.14

0.00

0.00

0.00

Total

0.00

0.00

16,684.03

0.00

0.00

19,747.70

0.00

0.00

101.98

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

36,533.71

 

 

 

 

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Page 26 of 27

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27