For the monthly distribution period from: June 18, 2020 to July 17, 2020
Commission File Number of issuing entity: 333-172366-14
Central Index Key Number of issuing entity: 0001607641
Wells Fargo
Commercial Mortgage Trust 2014-LC16
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-172366
Central Index Key Number of depositor: 0000850779
Wells Fargo
Commercial Mortgage Securities, Inc.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0000740906
Wells Fargo
Bank, National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541468
Ladder Capital
Finance LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0000729153
NatWest Markets
Plc (formerly known as The Royal Bank of Scotland plc)
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541615
RBS Financial
Products Inc.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001592182
LMF Commercial,
LLC (formerly known as Rialto Mortgage Finance, LLC)
(Exact name of sponsor as specified in its charter)
Anthony J.
Sfarra (212) 214-5600
(Name and telephone number, including area code, of the person to contact in
connection with this filing)
New York
(State or other jurisdiction of incorporation or organization of the issuing
entity)
38-3926125
38-3926126
38-3926127
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
A-1 |
|
|
X |
|
A-2 |
|
|
X |
|
A-3 |
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X |
|
A-4 |
|
|
X |
|
A-5 |
|
|
X |
|
A-SB |
|
|
X |
|
X-A |
|
|
X |
|
X-B |
|
|
X |
|
A-S |
|
|
X |
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B |
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X |
|
C |
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X |
|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On July 17, 2020 a distribution was made to holders of the certificates issued by Wells Fargo Commercial Mortgage Trust 2014-LC16.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the Wells Fargo Commercial Mortgage Trust 2014-LC16 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
10 |
31.87% |
3 |
$6,424.25 |
No assets securitized by Wells Fargo Commercial Mortgage Securities, Inc. (the "Depositor") and held by Wells Fargo Commercial Mortgage Trust 2014-LC16 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period from June 18, 2020 to July 17, 2020.
The Depositor filed its most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Securities Exchange Act of 1934 (a "Rule 15Ga-1 Form ABS-15G") on May 12, 2020. The CIK number for the Depositor is 0000850779.
Wells Fargo Bank, National Association ("Wells Fargo"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on May 12, 2020. The Central Index Key number for Wells Fargo is 0000740906.
Ladder Capital Finance LLC ("LCF"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 11, 2020. The Central Index Key number for LCF is 0001541468.
NatWest Markets Plc (formerly known as The Royal Bank of Scotland plc) ("NatWest plc"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on May 16, 2017. The Central Index Key number for NatWest plc is 0000729153.
RBS Financial Products Inc. ("RBSFP"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on May 15, 2020. The Central Index Key number for RBSFP is 0001541615.
LMF Commercial, LLC (formerly known as Rialto Mortgage Finance, LLC) ("LMF"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 6, 2020. The CIK number of LMF is 0001592182.
Part II - OTHER INFORMATION
Item 6. Significant Obligors of Pool Assets.
The Woodbridge Center Mortgage Loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB as disclosed in the Prospectus Supplement filed with the SEC on June 11, 2014. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $4,655,111.00 for the period of January 1, 2020 to March 31, 2020.
Item 7. Change in Sponsor Interest in the Securities.
None
Item 9. Other Information.
Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for Wells Fargo Commercial Mortgage Trust 2014-LC16, affirms the following amounts in the respective accounts:
Distribution Account Balance |
||
Prior Distribution Date |
06/17/2020 |
$3,002.93 |
Current Distribution Date |
07/17/2020 |
$2,819.39 |
Interest Reserve Account Balance |
||
Prior Distribution Date |
06/17/2020 |
$0.00 |
Current Distribution Date |
07/17/2020 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Wells Fargo Commercial Mortgage Securities, Inc.
(Depositor)
/s/ Anthony Sfarra
Anthony Sfarra, President
Date: July 30, 2020
|
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For Additional Information, please contact |
|
|
Wells Fargo Commercial Mortgage Trust 2014-LC16 |
CTSLink Customer Service |
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1-866-846-4526 |
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Wells Fargo Bank, N.A. |
Commercial Mortgage Pass-Through Certificates |
Reports Available www.ctslink.com |
|
Corporate Trust Services |
Series 2014-LC16 |
Payment Date: |
7/17/20 |
8480 Stagecoach Circle |
|
Record Date: |
6/30/20 |
Frederick, MD 21701-4747 |
|
Determination Date: |
7/13/20 |
|
DISTRIBUTION DATE STATEMENT |
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Table of Contents |
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STATEMENT SECTIONS |
|
PAGE(s) |
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Certificate Distribution Detail |
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2 |
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|
Certificate Factor Detail |
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3 |
|
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Reconciliation Detail |
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4 |
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Other Required Information |
|
5 |
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Cash Reconciliation |
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6 |
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Current Mortgage Loan and Property Stratification Tables |
7 - 9 |
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Mortgage Loan Detail |
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10 - 12 |
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NOI Detail |
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13 - 15 |
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Principal Prepayment Detail |
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16 |
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Historical Detail |
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17 |
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Delinquency Loan Detail |
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18 |
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Specially Serviced Loan Detail |
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19 - 22 |
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Advance Summary |
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23 |
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Modified Loan Detail |
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24 |
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Historical Liquidated Loan Detail |
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25 |
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Historical Bond/Collateral Loss Reconciliation Detail |
26 |
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Interest Shortfall Reconciliation Detail |
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27 - 28 |
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Defeased Loan Detail |
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29 |
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Depositor |
Master Servicer |
Special Servicer |
Trust Advisor |
|
|
||||
Wells Fargo Commercial Mortgage Securities, Inc. |
Wells Fargo Bank, National Association |
LNR Partners, LLC |
|
Situs Holdings, LLC |
375 Park Avenue |
Three Wells Fargo, MAC D1050-084 |
1601 Washington Avenue |
2 Embarcadero Center, Suite 1300 |
|
2nd Floor, J0127-023 |
401 S. Tryon Street, 8th Floor |
Suite 700 |
|
San Francisco, CA 94111 |
New York, NY 10152 |
Charlotte, NC 28202 |
Miami Beach, FL 33139 |
|
|
Contact: |
Contact: |
Contact: |
|
|
Anthony.Sfarra@wellsfargo.com |
REAM_InvestorRelations@wellsfargo.com |
lnr.cmbs.notices@lnrproperty.com |
Contact: George Wisniewski |
|
Phone Number: (212) 214-5613 |
Phone Number: |
Phone Number: |
(305) 695-5600 |
Phone Number: (415) 374-2832 |
This report is compiled by Wells Fargo Bank, N.A. from information provided by third parties. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and special notices. In addition, certificateholders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
Copyright 2020, Wells Fargo Bank, N.A. |
Page 1 of 29 |
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Certificate Distribution Detail |
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Pass-Through |
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|
Class (2) |
CUSIP |
|
Original |
Beginning |
Principal |
Interest |
Prepayment |
Realized Loss / |
Total |
Ending |
Current |
|
|
Rate |
Balance |
Balance |
Distribution |
Distribution |
Penalties |
Additional Trust |
Distribution |
Balance |
Subordination |
|
|
|
|
|
|
|
|
Fund Expenses |
|
|
Level (1) |
|
|||||||||||
A-1 |
94988XAQ9 |
1.294000% |
51,024,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
A-2 |
94988XAR7 |
2.819000% |
112,071,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
A-3 |
94988XAS5 |
3.432000% |
14,089,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
A-4 |
94988XAT3 |
3.548000% |
200,000,000.00 |
192,113,726.24 |
0.00 |
568,016.25 |
0.00 |
0.00 |
568,016.25 |
192,113,726.24 |
37.83% |
A-5 |
94988XAU0 |
3.817000% |
231,235,000.00 |
231,235,000.00 |
0.00 |
735,520.00 |
0.00 |
0.00 |
735,520.00 |
231,235,000.00 |
37.83% |
A-SB |
94988XAV8 |
3.477000% |
73,429,000.00 |
58,043,245.40 |
1,202,013.00 |
168,180.30 |
0.00 |
0.00 |
1,370,193.30 |
56,841,232.40 |
37.83% |
A-S |
94988XAW6 |
4.020000% |
53,574,000.00 |
53,574,000.00 |
0.00 |
179,472.90 |
0.00 |
0.00 |
179,472.90 |
53,574,000.00 |
30.89% |
B |
94988XAZ9 |
4.322000% |
71,837,000.00 |
71,837,000.00 |
0.00 |
258,732.93 |
0.00 |
0.00 |
258,732.93 |
71,837,000.00 |
21.59% |
C |
94988XBA3 |
4.458000% |
38,963,000.00 |
38,963,000.00 |
0.00 |
144,747.54 |
0.00 |
0.00 |
144,747.54 |
38,963,000.00 |
16.55% |
D |
94988XAC0 |
3.938000% |
59,662,000.00 |
59,662,000.00 |
0.00 |
195,790.80 |
0.00 |
0.00 |
195,790.80 |
59,662,000.00 |
8.83% |
E |
94988XAE6 |
3.250000% |
19,481,000.00 |
19,481,000.00 |
0.00 |
52,761.04 |
0.00 |
0.00 |
52,761.04 |
19,481,000.00 |
6.30% |
F |
94988XAG1 |
3.250000% |
15,829,000.00 |
15,829,000.00 |
0.00 |
42,870.21 |
0.00 |
0.00 |
42,870.21 |
15,829,000.00 |
4.25% |
G |
94988XAJ5 |
3.250000% |
32,875,228.35 |
32,855,955.61 |
0.00 |
29,286.02 |
0.00 |
0.00 |
29,286.02 |
32,855,955.61 |
0.00% |
R |
94988XAL0 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
|||||||||||
Totals |
|
|
974,069,228.35 |
773,593,927.25 |
1,202,013.00 |
2,375,377.99 |
0.00 |
0.00 |
3,577,390.99 |
772,391,914.25 |
|
|
|||||||||||
|
|||||||||||
|
|
|
Original |
Beginning |
|
|
|
Ending |
|
|
|
Class (2) |
CUSIP |
Pass-Through |
Notional |
Notional |
Interest |
Prepayment |
Total |
Notional |
|
|
|
|
|
Rate |
Amount |
Amount |
Distribution |
Penalties |
Distribution |
Amount |
|
|
|
|
|||||||||||
X-A |
94988XAX4 |
1.091690% |
735,422,000.00 |
534,965,971.64 |
486,680.80 |
0.00 |
486,680.80 |
533,763,958.64 |
|
|
|
X-B |
94988XAY2 |
0.576843% |
170,462,000.00 |
170,462,000.00 |
81,941.48 |
0.00 |
81,941.48 |
170,462,000.00 |
|
|
|
X-C |
94988XAA4 |
1.545528% |
19,481,000.00 |
19,481,000.00 |
25,090.36 |
0.00 |
25,090.36 |
19,481,000.00 |
|
|
|
X-D |
94988XBB1 |
1.545528% |
48,704,228.35 |
48,684,955.61 |
62,703.30 |
0.00 |
62,703.30 |
48,684,955.61 |
|
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|
|
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(1) Calculated by taking (A) the sum of the ending certificate balance of all classes 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). |
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 2 of 29 |
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Certificate Factor Detail |
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|
|
Beginning |
Principal |
Interest |
Prepayment |
Realized Loss / |
Ending |
Class |
CUSIP |
|
|
|
|
Additional Trust |
|
|
|
Balance |
Distribution |
Distribution |
Penalties |
|
Balance |
|
|
|
|
|
|
Fund Expenses |
|
|
|||||||
A-1 |
94988XAQ9 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-2 |
94988XAR7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-3 |
94988XAS5 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-4 |
94988XAT3 |
960.56863120 |
0.00000000 |
2.84008125 |
0.00000000 |
0.00000000 |
960.56863120 |
A-5 |
94988XAU0 |
1,000.00000000 |
0.00000000 |
3.18083335 |
0.00000000 |
0.00000000 |
1,000.00000000 |
A-SB |
94988XAV8 |
790.46759999 |
16.36973131 |
2.29037982 |
0.00000000 |
0.00000000 |
774.09786869 |
A-S |
94988XAW6 |
1,000.00000000 |
0.00000000 |
3.35000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
B |
94988XAZ9 |
1,000.00000000 |
0.00000000 |
3.60166669 |
0.00000000 |
0.00000000 |
1,000.00000000 |
C |
94988XBA3 |
1,000.00000000 |
0.00000000 |
3.71499987 |
0.00000000 |
0.00000000 |
1,000.00000000 |
D |
94988XAC0 |
1,000.00000000 |
0.00000000 |
3.28166672 |
0.00000000 |
0.00000000 |
1,000.00000000 |
E |
94988XAE6 |
1,000.00000000 |
0.00000000 |
2.70833325 |
0.00000000 |
0.00000000 |
1,000.00000000 |
F |
94988XAG1 |
1,000.00000000 |
0.00000000 |
2.70833344 |
0.00000000 |
0.00000000 |
1,000.00000000 |
G |
94988XAJ5 |
999.41376103 |
0.00000000 |
0.89082332 |
0.00000000 |
0.00000000 |
999.41376103 |
R |
94988XAL0 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
|||||||
|
|
Beginning |
|
|
Ending |
|
|
Class |
CUSIP |
Notional |
Interest |
Prepayment |
Notional |
|
|
|
|
Amount |
Distribution |
Penalties |
Amount |
|
|
|
|||||||
X-A |
94988XAX4 |
727.42720729 |
0.66177079 |
0.00000000 |
725.79275387 |
|
|
X-B |
94988XAY2 |
1,000.00000000 |
0.48070233 |
0.00000000 |
1,000.00000000 |
|
|
X-C |
94988XAA4 |
1,000.00000000 |
1.28794004 |
0.00000000 |
1,000.00000000 |
|
|
X-D |
94988XBB1 |
999.60429021 |
1.28743031 |
0.00000000 |
999.60429021 |
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 3 of 29 |
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Reconciliation Detail |
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Principal Reconciliation |
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|
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|
|||||||||||
Loan Group |
Stated Beginning Principal |
Unpaid Beginning |
Scheduled Principal |
Unscheduled |
Principal |
Realized Loss |
Stated Ending |
Unpaid Ending |
Current Principal |
||
|
Balance |
|
Principal Balance |
|
|
Principal |
Adjustments |
|
Principal Balance |
Principal Balance |
Distribution Amount |
|
|||||||||||
Total |
773,593,927.25 |
774,397,684.53 |
1,202,013.00 |
0.00 |
0.00 |
0.00 |
772,391,914.25 |
773,455,348.46 |
1,202,013.00 |
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|
|||||||||||
Certificate Interest Reconciliation |
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||
|
|||||||||||
|
|
|
Accrued |
Net Aggregate |
Distributable |
Distributable |
|
|
|
Remaining Unpaid |
|
|
Accrual |
Accrual |
|
|
|
|
WAC CAP |
Interest |
Interest |
|
|
Class |
|
|
Certificate |
Prepayment |
Certificate |
Certificate Interest |
|
|
|
Distributable |
|
|
Dates |
Days |
|
|
|
|
|
Shortfall |
Shortfall/(Excess) |
Distribution |
|
|
|
|
Interest |
Interest Shortfall |
Interest |
Adjustment |
|
|
|
Certificate Interest |
|
|
|||||||||||
A-1 |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
A-2 |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
A-3 |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
A-4 |
06/01/2020 - 06/30/2020 |
30 |
568,016.25 |
0.00 |
568,016.25 |
0.00 |
0.00 |
0.00 |
568,016.25 |
0.00 |
|
A-5 |
06/01/2020 - 06/30/2020 |
30 |
735,520.00 |
0.00 |
735,520.00 |
0.00 |
0.00 |
0.00 |
735,520.00 |
0.00 |
|
A-SB |
06/01/2020 - 06/30/2020 |
30 |
168,180.30 |
0.00 |
168,180.30 |
0.00 |
0.00 |
0.00 |
168,180.30 |
0.00 |
|
A-S |
06/01/2020 - 06/30/2020 |
30 |
179,472.90 |
0.00 |
179,472.90 |
0.00 |
0.00 |
0.00 |
179,472.90 |
0.00 |
|
B |
06/01/2020 - 06/30/2020 |
30 |
258,732.93 |
0.00 |
258,732.93 |
0.00 |
0.00 |
0.00 |
258,732.93 |
0.00 |
|
C |
06/01/2020 - 06/30/2020 |
30 |
144,747.54 |
0.00 |
144,747.54 |
0.00 |
0.00 |
0.00 |
144,747.54 |
0.00 |
|
D |
06/01/2020 - 06/30/2020 |
30 |
195,790.80 |
0.00 |
195,790.80 |
0.00 |
0.00 |
0.00 |
195,790.80 |
0.00 |
|
E |
06/01/2020 - 06/30/2020 |
30 |
52,761.04 |
0.00 |
52,761.04 |
0.00 |
0.00 |
0.00 |
52,761.04 |
0.00 |
|
F |
06/01/2020 - 06/30/2020 |
30 |
42,870.21 |
0.00 |
42,870.21 |
0.00 |
0.00 |
0.00 |
42,870.21 |
0.00 |
|
G |
06/01/2020 - 06/30/2020 |
30 |
88,984.88 |
0.00 |
88,984.88 |
0.00 |
0.00 |
59,698.86 |
29,286.02 |
206,857.66 |
|
X-A |
06/01/2020 - 06/30/2020 |
30 |
486,680.80 |
0.00 |
486,680.80 |
0.00 |
0.00 |
0.00 |
486,680.80 |
0.00 |
|
X-B |
06/01/2020 - 06/30/2020 |
30 |
81,941.48 |
0.00 |
81,941.48 |
0.00 |
0.00 |
0.00 |
81,941.48 |
0.00 |
|
X-C |
06/01/2020 - 06/30/2020 |
30 |
25,090.36 |
0.00 |
25,090.36 |
0.00 |
0.00 |
0.00 |
25,090.36 |
0.00 |
|
X-D |
06/01/2020 - 06/30/2020 |
30 |
62,703.30 |
0.00 |
62,703.30 |
0.00 |
0.00 |
0.00 |
62,703.30 |
0.00 |
|
R |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|||||||||||
Totals |
|
|
3,091,492.79 |
0.00 |
3,091,492.79 |
0.00 |
0.00 |
59,698.86 |
3,031,793.93 |
206,857.66 |
|
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 4 of 29 |
|
Other Required Information |
|
|
|
|
|
|
||||||
Available Distribution Amount (1) |
4,233,806.93 |
|
|
|
|
|
|
||||||
|
||||||
|
||||||
|
||||||
|
Appraisal Reduction Amount |
|
|
|
|
|
|
Loan |
Loan |
Appraisal |
Cumulative |
Date Appraisal |
|
|
Number |
Group |
Reduction |
ASER |
Reduction |
|
|
|
|
Amount |
Amount |
Effected |
|
|
300571093 |
|
3,369,977.15 |
59,265.35 |
5/11/20 |
|
|
860923146 |
|
545,963.18 |
45,687.70 |
1/11/19 |
|
|
Total |
|
3,915,940.33 |
104,953.05 |
|
|
|
||||||
|
||||||
|
||||||
|
||||||
(1) The Available Distribution Amount includes any Prepayment Premiums. |
|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 5 of 29 |
|
Cash Reconciliation Detail |
|
|
|
|||
|
|||
Total Funds Collected |
|
Total Funds Distributed |
|
Interest: |
|
Fees: |
|
Scheduled Interest |
3,112,223.86 |
Master Servicing Fee - Wells Fargo Bank, N.A. |
16,776.68 |
Interest reductions due to Nonrecoverability Determinations |
0.00 |
Trustee Fee - Wilmington Trust National Association |
210.00 |
Interest Adjustments |
0.00 |
Certificate Administration Fee - Wells Fargo Bank, N.A. |
2,819.91 |
Deferred Interest |
0.00 |
CREFC License Fee |
322.33 |
ARD Interest |
0.00 |
Trust Advisor Fee - Situs Holdings, LLC |
602.13 |
Net Prepayment Interest Shortfall |
0.00 |
Total Fees |
20,731.05 |
Net Prepayment Interest Excess |
0.00 |
Additional Trust Fund Expenses: |
|
Extension Interest |
0.00 |
|
|
Interest Reserve Withdrawal |
0.00 |
Reimbursement for Interest on Advances |
0.00 |
|
|
ASER Amount |
18,509.77 |
Total Interest Collected |
3,112,223.86 |
Special Servicing Fee |
41,189.09 |
Principal: |
|
Rating Agency Expenses |
0.00 |
Scheduled Principal |
1,202,013.00 |
Attorney Fees & Expenses |
0.00 |
Unscheduled Principal |
0.00 |
Bankruptcy Expense |
0.00 |
Principal Prepayments |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
Collection of Principal after Maturity Date |
0.00 |
Non-Recoverable Advances |
0.00 |
Recoveries from Liquidation and Insurance Proceeds |
0.00 |
Workout Delayed Reimbursement Amounts |
0.00 |
Excess of Prior Principal Amounts paid |
0.00 |
Other Expenses |
0.00 |
Curtailments |
0.00 |
Total Additional Trust Fund Expenses |
59,698.86 |
Negative Amortization |
0.00 |
|
|
Principal Adjustments |
0.00 |
Interest Reserve Deposit |
0.00 |
|
|||
Total Principal Collected |
1,202,013.00 |
Payments to Certificateholders & Others: |
|
Other: |
|
Interest Distribution |
3,031,793.93 |
Prepayment Penalties/Yield Maintenance |
0.00 |
Principal Distribution |
1,202,013.00 |
Repayment Fees |
0.00 |
Prepayment Penalties/Yield Maintenance |
0.00 |
Borrower Option Extension Fees |
0.00 |
Borrower Option Extension Fees |
0.00 |
Excess Liquidation Proceeds |
0.00 |
Equity Payments Paid |
0.00 |
Net Swap Counterparty Payments Received |
0.00 |
Net Swap Counterparty Payments Paid |
0.00 |
Total Other Collected: |
0.00 |
Total Payments to Certificateholders & Others |
4,233,806.93 |
Total Funds Collected |
4,314,236.86 |
Total Funds Distributed |
4,314,236.84 |
|
|||
Copyright 2020, Wells Fargo Bank, N.A. |
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|
Page 6 of 29 |
|
|
Current Mortgage Loan and Property Stratification Tables |
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|
|
|
|
||||||
|
|||||||||||||
|
|
Scheduled Balance |
|
|
|
Aggregate Pool |
|
|
State (3) |
|
|
|
|
|
|||||||||||||
|
|||||||||||||
Scheduled |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
# of |
Scheduled |
% of |
WAM |
WAC |
Weighted |
|
|
|
Agg. |
|
WAC |
|
State |
|
|
Agg. |
|
|
|
Balance |
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
Props |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
|
|
Bal. |
|
|
|
|
|
|
Bal. |
|
|
|
|
|||||||||||||
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
|
|
|
|
|
|
|
Alabama |
22 |
4,672,620.18 |
0.60 |
45 |
4.8999 |
3.050300 |
2,000,000 or less |
1 |
1,761,278.40 |
0.23 |
45 |
4.8500 |
1.832900 |
California |
11 |
112,808,137.32 |
14.61 |
47 |
4.7443 |
1.927343 |
2,000,001 to 3,000,000 |
4 |
9,464,271.24 |
1.23 |
46 |
4.9876 |
1.910279 |
Colorado |
7 |
61,580,869.07 |
7.97 |
46 |
4.7183 |
1.784643 |
3,000,001 to 4,000,000 |
7 |
24,437,924.13 |
3.16 |
45 |
4.9105 |
1.783169 |
Connecticut |
5 |
20,499,044.80 |
2.65 |
46 |
4.6245 |
1.584442 |
4,000,001 to 5,000,000 |
10 |
43,729,478.21 |
5.66 |
46 |
4.8448 |
2.387903 |
Delaware |
2 |
20,731,166.30 |
2.68 |
46 |
5.0010 |
1.325300 |
|
|
|
|
|
|
|
Florida |
5 |
15,927,136.22 |
2.06 |
46 |
4.8425 |
0.974309 |
5,000,001 to 6,000,000 |
8 |
45,826,254.07 |
5.93 |
46 |
4.8715 |
1.724688 |
Illinois |
2 |
16,518,847.60 |
2.14 |
47 |
4.6029 |
1.766912 |
6,000,001 to 7,000,000 |
7 |
45,622,649.22 |
5.91 |
46 |
5.0155 |
2.313233 |
Kansas |
5 |
13,984,428.37 |
1.81 |
46 |
4.9893 |
1.739676 |
7,000,001 to 8,000,000 |
2 |
15,035,583.38 |
1.95 |
46 |
5.0691 |
1.743192 |
Louisiana |
57 |
21,962,302.27 |
2.84 |
45 |
5.2464 |
2.020482 |
8,000,001 to 9,000,000 |
3 |
25,090,509.13 |
3.25 |
45 |
5.2251 |
1.613849 |
Massachusetts |
1 |
7,686,730.23 |
1.00 |
46 |
5.1800 |
1.816800 |
9,000,001 to 10,000,000 |
1 |
9,931,802.18 |
1.29 |
47 |
4.5400 |
2.517000 |
Michigan |
5 |
20,386,624.37 |
2.64 |
46 |
4.6449 |
2.280939 |
|
|
|
|
|
|
|
Mississippi |
9 |
1,776,596.33 |
0.23 |
45 |
4.8999 |
3.050300 |
10,000,001 to 15,000,000 |
4 |
54,115,233.60 |
7.01 |
36 |
4.7980 |
1.625244 |
Nevada |
1 |
8,221,508.20 |
1.06 |
45 |
5.1640 |
2.305000 |
15,000,001 to 20,000,000 |
5 |
84,496,726.09 |
10.94 |
46 |
4.7951 |
1.690700 |
New Jersey |
1 |
113,982,547.88 |
14.76 |
45 |
4.7960 |
2.163900 |
20,000,001 to 30,000,000 |
5 |
122,828,368.62 |
15.90 |
46 |
4.7588 |
1.772596 |
New York |
1 |
7,348,853.15 |
0.95 |
45 |
4.9530 |
1.666200 |
30,000,001 to 50,000,000 |
2 |
80,142,438.99 |
10.38 |
47 |
4.7710 |
1.320152 |
North Carolina |
1 |
2,005,719.28 |
0.26 |
45 |
5.4070 |
2.505600 |
|
|
|
|
|
|
|
Ohio |
4 |
36,274,260.99 |
4.70 |
46 |
5.0329 |
1.939436 |
50,000,001 or greater |
3 |
167,982,547.88 |
21.75 |
45 |
4.7233 |
1.826555 |
Oregon |
1 |
6,000,000.00 |
0.78 |
44 |
4.8500 |
2.846300 |
|
|
|
|
|
|
|
Pennsylvania |
2 |
70,497,814.80 |
9.13 |
46 |
4.6074 |
1.919164 |
Totals |
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
Tennessee |
3 |
24,511,380.81 |
3.17 |
24 |
4.7810 |
1.666098 |
|
|
|
|
|
|
|
Texas |
14 |
130,363,990.28 |
16.88 |
46 |
4.8706 |
1.527863 |
|
|
|
|
|
|
|
Virginia |
1 |
5,836,199.51 |
0.76 |
45 |
4.9000 |
1.795900 |
|
|
|
|
|
|
|
Washington |
1 |
6,888,287.19 |
0.89 |
46 |
5.1000 |
1.774900 |
|
|||||||||||||
|
|
|
|
|
|
|
Totals |
170 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
See footnotes on last page of this section. |
|
|
|
|
|
|
|
|
|
|
|
||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
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|
|
|
|
|
|
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|
|
|
Page 7 of 29 |
|
|
Current Mortgage Loan and Property Stratification Tables |
|
|
|
|
|||||||
|
|
|
|
|
|
Aggregate Pool |
|
|
|
|
|
|
|
|
Debt Service Coverage Ratio (1) |
|
|
|
|
|
Property Type (3) |
|
|
|
|
||
|
|||||||||||||
|
|
|
% of |
|
|
|
|
|
|
% of |
|
|
|
Debt Service |
# of |
Scheduled |
|
WAM |
WAC |
Weighted |
Property |
# of |
Scheduled |
Agg. |
WAM |
WAC |
Weighted |
|
|
|
Agg. |
|
|
|
|
|
|
|
|
|
|
Coverage Ratio |
Loans |
Balance |
Bal. |
(2) |
|
Avg DSCR (1) |
Type |
Props |
Balance |
Bal. |
(2) |
|
Avg DSCR (1) |
|
|||||||||||||
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
1.30 or less |
12 |
140,234,994.48 |
18.16 |
42 |
4.8424 |
1.078426 |
Industrial |
2 |
10,668,605.71 |
1.38 |
46 |
5.0110 |
1.498149 |
1.31 to 1.40 |
3 |
75,647,201.70 |
9.79 |
47 |
4.8931 |
1.357147 |
Lodging |
6 |
50,710,422.66 |
6.57 |
46 |
5.2891 |
1.219456 |
1.41 to 1.50 |
5 |
88,095,101.06 |
11.41 |
45 |
4.8574 |
1.432284 |
Mixed Use |
2 |
52,096,791.51 |
6.74 |
48 |
4.8455 |
1.383350 |
1.51 to 1.60 |
4 |
30,023,850.46 |
3.89 |
46 |
4.7238 |
1.564980 |
Mobile Home Park |
3 |
8,194,738.53 |
1.06 |
45 |
4.7750 |
2.122962 |
1.61 to 1.70 |
5 |
48,496,515.58 |
6.28 |
46 |
4.9294 |
1.676152 |
Multi-Family |
7 |
61,168,294.69 |
7.92 |
46 |
4.8032 |
1.663697 |
1.71 to 1.80 |
4 |
20,017,726.02 |
2.59 |
46 |
4.9240 |
1.764575 |
Office |
11 |
103,158,521.38 |
13.36 |
46 |
4.8585 |
1.692802 |
1.81 to 1.90 |
6 |
84,545,045.84 |
10.95 |
46 |
4.6747 |
1.884757 |
Retail |
109 |
360,708,286.38 |
46.70 |
44 |
4.7569 |
2.010137 |
1.91 to 2.00 |
1 |
16,497,814.80 |
2.14 |
47 |
4.7300 |
1.983200 |
Self Storage |
21 |
83,759,404.30 |
10.84 |
46 |
4.6932 |
2.153610 |
2.01 to 2.25 |
7 |
107,967,766.54 |
13.98 |
45 |
4.8894 |
2.115596 |
|
|
|
|
|
|
|
2.26 to 2.50 |
4 |
44,109,960.24 |
5.71 |
46 |
4.7498 |
2.433050 |
Totals |
170 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
2.51 to 3.00 |
5 |
32,620,223.40 |
4.22 |
46 |
4.6619 |
2.709873 |
|
|
|
|
|
|
|
3.01 or greater |
6 |
42,208,865.02 |
5.46 |
46 |
4.6882 |
3.479621 |
|
|
|
|
|
|
|
|
|||||||||||||
Totals |
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
|
|
|
|
|
|
|
|
|||||||||||||
|
|
Note Rate |
|
|
|
|
|
|
Seasoning |
|
|
|
|
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
% of |
|
|
|
Note |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
# of |
Scheduled |
|
WAM |
|
Weighted |
|
|
|
Agg. |
|
WAC |
|
Seasoning |
|
|
Agg. |
|
WAC |
|
Rate |
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
|
|
Bal. |
|
|
|
|
|
|
Bal. |
|
|
|
|
|||||||||||||
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
4.500% or less |
2 |
17,933,862.22 |
2.32 |
47 |
4.4783 |
2.202036 |
12 months or less |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
4.501% to 4.750% |
21 |
268,531,718.41 |
34.77 |
46 |
4.6234 |
1.986386 |
13 months to 24 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
4.751% to 5.000% |
19 |
295,674,988.68 |
38.28 |
44 |
4.8227 |
1.678307 |
25 months to 36 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
5.001% to 5.250% |
13 |
114,879,647.63 |
14.87 |
46 |
5.0656 |
1.685251 |
37 months to 48 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
5.251% to 5.500% |
3 |
10,883,566.87 |
1.41 |
45 |
5.3383 |
1.554232 |
49 months or greater |
62 |
730,465,065.14 |
94.57 |
45 |
4.8150 |
1.788918 |
5.501% to 5.750% |
2 |
8,109,687.80 |
1.05 |
45 |
5.6797 |
1.213417 |
|
|
|
|
|
|
|
5.751% to 6.000% |
2 |
14,451,593.53 |
1.87 |
45 |
5.7670 |
1.193877 |
Totals |
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
6.001% to 6.250% |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
6.251% or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|||||||||||||
Totals |
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
|
|
|
|
|
|
|
|
|||||||||||||
See footnotes on last page of this section. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
|
|
Page 8 of 29 |
|
|
Current Mortgage Loan and Property Stratification Tables |
|
|
|
|
|||||||||||
|
|
|
|
|
|
|
Aggregate Pool |
|
|
|
|
|
|
|
|
||
|
|
|
|
|
Anticipated Remaining Term (ARD and Balloon Loans) |
|
|
|
|
|
|
||||||
|
|||||||||||||||||
|
|
|
|
|
|
|
|
|
% of |
|
|
|
|
|
|
|
|
|
|
Anticipated Remaining |
# of |
Scheduled |
|
WAM |
WAC |
Weighted |
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
Agg. |
|
|
|
|
|
|
|
|
|
|
|
Term (2) |
|
Loans |
|
Balance |
|
(2) |
|
Avg DSCR (1) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bal. |
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
|
|
Defeased |
|
9 |
|
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
|
|
|
|
|
|
|
|
|
60 months or less |
62 |
730,465,065.14 |
94.57 |
45 |
4.8150 |
1.788918 |
|
|
|
|
|
|||
|
|
61 months to 84 months |
0 |
|
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|||
|
|
85 months to 120 months |
0 |
|
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|||
|
|
121 months or greater |
0 |
|
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|||
|
|||||||||||||||||
|
|
|
Totals |
|
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
|
|
|
|
|
||
|
|||||||||||||||||
Remaining Amortization Term (ARD and Balloon Loans) |
|
|
|
|
|
|
Age of Most Recent NOI |
|
|
|
|||||||
|
|||||||||||||||||
|
|
|
% of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Remaining Amortization |
# of |
Scheduled |
|
WAM |
|
Weighted |
|
Age of Most |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|||
|
|
|
Agg. |
|
WAC |
|
|
|
|
|
|
|
|
Agg. |
|
|
|
Term |
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
Recent NOI |
Loans |
Balance |
|
(2) |
WAC |
Avg DSCR (1) |
|||
|
|
|
Bal. |
|
|
|
|
|
|
|
|
|
|
Bal. |
|
|
|
|
|||||||||||||||||
Defeased |
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
|
Defeased |
|
9 |
41,926,849.11 |
5.43 |
44 |
5.0471 |
NAP |
||
Interest Only |
3 |
88,000,000.00 |
11.39 |
46 |
4.5923 |
2.141534 |
Underwriter's Information |
1 |
56,991,273.94 |
7.38 |
45 |
4.7960 |
1.420000 |
||||
180 months or less |
2 |
21,635,528.40 |
2.80 |
45 |
5.0492 |
2.598787 |
|
12 months or less |
58 |
616,306,573.72 |
79.79 |
45 |
4.8117 |
1.860551 |
|||
181 months to 240 months |
7 |
34,113,574.00 |
4.42 |
46 |
5.2164 |
1.944646 |
|
13 months to 24 months |
3 |
57,167,217.48 |
7.40 |
48 |
4.8697 |
1.384448 |
|||
241 months to 300 months |
50 |
586,715,962.74 |
75.96 |
45 |
4.8165 |
1.697112 |
|
25 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|||
301 months to 360 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
|
|
361 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
Totals |
|
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
|
|
|||||||||||||||||
Totals |
71 |
772,391,914.25 |
100.00 |
45 |
4.8276 |
1.773881 |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
(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. |
|
|
|
|
|
||||||||||||
Note: There are no Hyper-Amortization Loans included in the Mortgage Pool. |
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|
|
|
|
|
|
|
|
|||||
|
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|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 9 of 29 |
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Mortgage Loan Detail |
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|
|||||||||||||||||
Loan |
|
Property |
|
|
Interest |
Principal |
Gross |
Anticipated |
Maturity |
Neg. |
Beginning |
Ending |
Paid |
Appraisal |
Appraisal |
Res. |
Mod. |
Number |
ODCR |
Type (1) |
City |
State |
Payment |
Payment |
Coupon |
Repayment |
Date |
Amort |
Scheduled |
Scheduled |
Thru |
Reduction |
Reduction |
Strat. |
Code |
|
|
|
|
|
|
|
|
Date |
|
(Y/N) |
Balance |
Balance |
Date |
Date |
Amount |
(2) |
(3) |
|
|||||||||||||||||
440000359 |
1A |
RT |
Woodbridge |
NJ |
228,120.97 |
86,533.19 |
4.796% |
N/A |
4/1/24 |
N |
57,077,807.13 |
56,991,273.94 |
4/1/20 |
|
|
13 |
|
440000360 |
1B |
|
|
|
228,120.97 |
86,533.19 |
4.796% |
N/A |
4/1/24 |
N |
57,077,807.13 |
56,991,273.94 |
4/1/20 |
|
|
13 |
|
440000375 |
3 |
RT |
North Wales |
PA |
205,650.00 |
0.00 |
4.570% |
N/A |
5/1/24 |
N |
54,000,000.00 |
54,000,000.00 |
5/1/20 |
|
|
13 |
|
38000462 |
4 |
MU |
West Hollywood |
CA |
197,981.52 |
65,349.42 |
4.833% |
N/A |
7/11/24 |
N |
49,157,422.93 |
49,092,073.51 |
7/11/20 |
|
|
|
|
300571107 |
5 |
MF |
San Marcos |
TX |
121,080.01 |
42,297.11 |
4.673% |
N/A |
5/6/24 |
N |
31,092,662.59 |
31,050,365.48 |
7/6/20 |
|
|
|
|
310922175 |
6 |
RT |
Weatherford |
TX |
112,911.05 |
45,823.49 |
4.590% |
N/A |
6/1/24 |
N |
29,519,229.88 |
29,473,406.39 |
4/1/20 |
|
|
13 |
|
780922606 |
7 |
OF |
Greenwood Village |
CO |
106,866.67 |
0.00 |
4.580% |
N/A |
6/1/24 |
N |
28,000,000.00 |
28,000,000.00 |
7/1/20 |
|
|
|
|
28000463 |
8 |
RT |
Akron |
OH |
101,218.76 |
35,339.62 |
5.005% |
N/A |
5/6/24 |
N |
24,270,173.11 |
24,234,833.49 |
7/6/20 |
|
|
|
|
28000448 |
9 |
RT |
Various |
Various |
73,024.45 |
80,563.51 |
4.900% |
N/A |
4/1/24 |
N |
17,883,866.14 |
17,803,302.63 |
7/1/20 |
|
|
|
|
310923154 |
10 |
SS |
Various |
Various |
80,175.64 |
37,951.24 |
4.710% |
N/A |
5/1/24 |
N |
20,426,913.68 |
20,388,962.44 |
7/1/20 |
|
|
|
|
28000457 |
11 |
Various |
Dover |
DE |
86,523.20 |
30,248.80 |
5.001% |
N/A |
5/6/24 |
N |
20,761,415.10 |
20,731,166.30 |
7/6/20 |
|
|
|
|
28000452 |
13 |
OF |
Greenwood Village |
CO |
72,693.57 |
28,144.51 |
4.900% |
N/A |
5/6/24 |
N |
17,802,507.67 |
17,774,363.16 |
7/6/20 |
|
|
|
|
310923441 |
14 |
SS |
Various |
CT |
65,838.59 |
28,487.97 |
4.600% |
N/A |
5/1/24 |
N |
17,175,285.45 |
17,146,797.48 |
7/1/20 |
|
|
|
|
310920294 |
15 |
RT |
Upper Chichester Town PA |
65,148.94 |
30,456.35 |
4.730% |
N/A |
6/1/24 |
N |
16,528,271.15 |
16,497,814.80 |
7/1/20 |
|
|
|
|
|
310923368 |
16 |
LO |
Hallandale |
FL |
61,719.41 |
27,885.19 |
4.840% |
N/A |
5/1/24 |
N |
15,302,333.21 |
15,274,448.02 |
7/1/20 |
|
|
|
|
310921328 |
17 |
RT |
Naperville |
IL |
54,081.29 |
27,495.04 |
4.500% |
N/A |
6/1/24 |
N |
14,421,676.88 |
14,394,181.84 |
7/1/20 |
|
|
|
|
440000381 |
18 |
RT |
Memphis |
TN |
56,881.84 |
26,639.61 |
4.756% |
N/A |
4/1/21 |
N |
14,352,020.80 |
14,325,381.19 |
3/1/20 |
|
|
13 |
|
28000471 |
19 |
OF |
Houston |
TX |
24,387.44 |
10,354.65 |
5.016% |
N/A |
5/6/24 |
N |
5,834,316.54 |
5,823,961.89 |
7/6/20 |
|
|
|
|
28000479 |
20 |
OF |
Houston |
TX |
17,757.45 |
7,539.63 |
5.016% |
N/A |
5/6/24 |
N |
4,248,194.31 |
4,240,654.68 |
7/6/20 |
|
|
|
|
28000480 |
21 |
OF |
Houston |
TX |
17,502.03 |
7,431.18 |
5.016% |
N/A |
5/6/24 |
N |
4,187,088.76 |
4,179,657.58 |
7/6/20 |
|
|
|
|
28000437 |
23 |
RT |
San Jose |
CA |
53,289.41 |
18,185.34 |
4.759% |
N/A |
3/6/24 |
N |
13,437,128.31 |
13,418,942.97 |
7/6/20 |
|
|
|
|
28000459 |
24 |
LO |
Grapevine |
TX |
52,488.65 |
20,678.34 |
5.250% |
N/A |
4/6/24 |
N |
11,997,405.94 |
11,976,727.60 |
5/6/20 |
|
|
|
|
410921186 |
25 |
SS |
Huntington Beach |
CA |
37,646.67 |
18,859.52 |
4.540% |
N/A |
6/1/24 |
N |
9,950,661.70 |
9,931,802.18 |
7/1/20 |
|
|
|
|
440000376 |
27 |
RT |
Lake Worth |
TX |
34,256.01 |
15,903.18 |
4.764% |
N/A |
5/1/24 |
N |
8,628,717.77 |
8,612,814.59 |
7/1/20 |
|
|
|
|
300571093 |
28 |
LO |
Covington |
LA |
39,773.64 |
19,931.57 |
5.767% |
N/A |
4/6/24 |
N |
8,276,117.91 |
8,256,186.34 |
11/6/19 |
5/11/20 |
3,369,977.15 |
2 |
|
300571090 |
30 |
RT |
Las Vegas |
NV |
35,430.41 |
11,738.78 |
5.164% |
N/A |
4/6/24 |
N |
8,233,246.98 |
8,221,508.20 |
7/6/20 |
|
|
|
|
300571103 |
31 |
OF |
Peabody |
MA |
33,238.60 |
13,330.86 |
5.180% |
N/A |
5/6/24 |
N |
7,700,061.09 |
7,686,730.23 |
7/6/20 |
|
|
|
|
300571101 |
33 |
MF |
Atlanta |
GA |
33,350.26 |
10,726.99 |
5.230% |
N/A |
2/6/24 |
N |
7,652,067.38 |
7,641,340.39 |
7/6/20 |
|
|
|
|
310921116 |
34 |
RT |
Houston |
TX |
25,900.33 |
18,793.61 |
4.550% |
N/A |
5/1/24 |
N |
6,830,857.08 |
6,812,063.47 |
5/1/20 |
|
|
|
|
302010035 |
35 |
MF |
North Chili |
NY |
30,377.26 |
10,870.60 |
4.953% |
N/A |
4/6/24 |
N |
7,359,723.75 |
7,348,853.15 |
7/6/20 |
|
|
|
|
28000473 |
36 |
OF |
Dallas |
TX |
28,504.90 |
11,972.43 |
5.047% |
N/A |
5/6/24 |
N |
6,777,468.95 |
6,765,496.52 |
7/6/20 |
|
|
|
|
300571097 |
37 |
MF |
Fairview Park |
OH |
30,046.54 |
11,518.28 |
5.330% |
N/A |
4/6/24 |
N |
6,764,700.11 |
6,753,181.83 |
7/6/20 |
|
|
|
|
300571094 |
39 |
LO |
Beaumont |
TX |
29,845.97 |
14,956.57 |
5.767% |
N/A |
4/6/24 |
N |
6,210,363.76 |
6,195,407.19 |
7/6/20 |
|
|
|
|
28000460 |
40 |
SS |
Everett |
WA |
29,312.17 |
8,694.31 |
5.100% |
N/A |
5/6/24 |
N |
6,896,981.50 |
6,888,287.19 |
7/6/20 |
|
|
|
|
|
|||||||||||||||||
See footnotes on last page of this section. |
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|
|
|
|
|
|
|
|
|
|
|
|||
|
|||||||||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
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|
Page 10 of 29 |
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|
|
Mortgage Loan Detail |
|
|
|
|
|
|
|
|||
|
|||||||||||||||||
Loan |
|
Property |
|
|
Interest |
Principal |
Gross |
Anticipated |
Maturity |
Neg. |
Beginning |
Ending |
Paid |
Appraisal |
Appraisal |
Res. |
Mod. |
Number |
ODCR |
Type (1) |
City |
State |
Payment |
Payment |
Coupon |
Repayment |
Date |
Amort |
Scheduled |
Scheduled |
Thru |
Reduction |
Reduction |
Strat. |
Code |
|
|
|
|
|
|
|
|
Date |
|
(Y/N) |
Balance |
Balance |
Date |
Date |
Amount |
(2) |
(3) |
|
|||||||||||||||||
410921175 |
42 |
SS |
Escondido |
CA |
23,708.88 |
11,576.52 |
4.610% |
N/A |
6/1/24 |
N |
6,171,508.31 |
6,159,931.79 |
7/1/20 |
|
|
|
|
28000454 |
43 |
MF |
Albuquerque |
NM |
28,454.96 |
9,120.17 |
5.256% |
N/A |
4/6/24 |
N |
6,496,566.20 |
6,487,446.03 |
7/6/20 |
|
|
|
|
410923589 |
44 |
MF |
Waterford |
MI |
23,733.26 |
11,274.79 |
4.700% |
N/A |
5/1/24 |
N |
6,059,556.02 |
6,048,281.23 |
7/1/20 |
|
|
|
|
28000467 |
45 |
RT |
Everett |
MA |
23,191.73 |
11,157.93 |
4.665% |
N/A |
5/6/24 |
N |
5,965,717.95 |
5,954,560.02 |
7/6/20 |
|
|
|
|
440000374 |
46 |
IN |
Santa Clara |
CA |
24,932.10 |
10,574.81 |
5.019% |
N/A |
5/6/24 |
N |
5,961,053.02 |
5,950,478.21 |
7/6/20 |
|
|
|
|
310922556 |
47 |
RT |
Ashburn |
VA |
23,874.52 |
10,622.72 |
4.900% |
N/A |
4/1/24 |
N |
5,846,822.23 |
5,836,199.51 |
7/1/20 |
|
|
|
|
28000476 |
48 |
LO |
Weston |
FL |
24,454.21 |
14,197.27 |
5.250% |
N/A |
5/6/24 |
N |
5,589,534.35 |
5,575,337.08 |
7/6/20 |
|
|
|
|
310922787 |
49 |
RT |
Mount Juliet |
TN |
23,348.11 |
9,534.66 |
4.755% |
N/A |
5/1/24 |
N |
5,892,267.42 |
5,882,732.76 |
7/1/20 |
|
|
|
|
780922681 |
50 |
RT |
Barstow |
CA |
22,380.24 |
9,293.34 |
4.710% |
N/A |
5/11/24 |
N |
5,701,970.74 |
5,692,677.40 |
7/11/20 |
|
|
|
|
410922762 |
51 |
RT |
Rochester Hills |
MI |
21,398.04 |
10,202.21 |
4.690% |
N/A |
5/1/24 |
N |
5,474,978.77 |
5,464,776.56 |
7/1/20 |
|
|
|
|
440000377 |
52 |
LO |
Grapevine |
TX |
21,767.25 |
13,427.11 |
5.034% |
N/A |
6/1/24 |
N |
5,188,854.85 |
5,175,427.74 |
5/1/20 |
|
|
|
|
28000436 |
53 |
RT |
Oregon City |
OR |
24,250.00 |
0.00 |
4.850% |
N/A |
3/6/24 |
N |
6,000,000.00 |
6,000,000.00 |
7/6/20 |
|
|
|
|
790923352 |
54 |
RT |
Brentwood |
TN |
21,537.64 |
9,906.02 |
4.790% |
N/A |
5/1/24 |
N |
5,395,649.81 |
5,385,743.79 |
7/1/20 |
|
|
|
|
410921164 |
56 |
SS |
Modesto |
CA |
18,908.13 |
9,472.23 |
4.540% |
N/A |
6/1/24 |
N |
4,997,742.31 |
4,988,270.08 |
7/1/20 |
|
|
|
|
410921155 |
59 |
SS |
Modesto |
CA |
17,466.70 |
8,750.14 |
4.540% |
N/A |
6/1/24 |
N |
4,616,748.08 |
4,607,997.94 |
7/1/20 |
|
|
|
|
310923284 |
60 |
OF |
Berkeley |
CA |
17,580.19 |
8,351.70 |
4.700% |
N/A |
5/1/24 |
N |
4,488,559.90 |
4,480,208.20 |
7/1/20 |
|
|
|
|
410922738 |
61 |
SS |
Boston |
MA |
18,488.11 |
8,139.47 |
4.930% |
N/A |
10/1/23 |
N |
4,500,148.40 |
4,492,008.93 |
7/1/20 |
|
|
|
|
410921165 |
62 |
SS |
Pinole |
CA |
17,156.61 |
8,377.19 |
4.610% |
N/A |
6/1/24 |
N |
4,465,927.71 |
4,457,550.52 |
7/1/20 |
|
|
|
|
28000445 |
63 |
LO |
Bryan |
TX |
18,412.12 |
14,988.04 |
5.743% |
N/A |
4/6/24 |
N |
3,847,213.81 |
3,832,225.77 |
7/6/20 |
|
|
|
|
300571089 |
64 |
RT |
Overland Park |
KS |
20,076.15 |
6,973.77 |
5.623% |
N/A |
4/6/24 |
N |
4,284,435.80 |
4,277,462.03 |
7/6/20 |
|
|
|
|
28000474 |
65 |
MF |
East Ridge |
TN |
17,599.50 |
6,813.93 |
4.900% |
N/A |
5/6/24 |
N |
4,310,080.79 |
4,303,266.86 |
7/6/20 |
|
|
|
|
310923285 |
66 |
OF |
San Francisco |
CA |
15,638.61 |
7,565.05 |
4.650% |
N/A |
5/1/24 |
N |
4,035,769.57 |
4,028,204.52 |
7/1/20 |
|
|
|
|
790923138 |
67 |
OF |
Katy |
TX |
17,176.31 |
6,176.13 |
4.940% |
N/A |
4/1/24 |
N |
4,172,381.93 |
4,166,205.80 |
7/1/20 |
|
|
|
|
310923167 |
68 |
SS |
Aurora |
CO |
15,789.48 |
6,377.63 |
4.800% |
N/A |
4/1/24 |
N |
3,947,369.63 |
3,940,992.00 |
7/1/20 |
|
|
|
|
410923356 |
69 |
MF |
Ypsilanti |
MI |
12,974.60 |
6,907.17 |
4.390% |
N/A |
5/1/24 |
N |
3,546,587.55 |
3,539,680.38 |
7/1/20 |
|
|
|
|
410922542 |
70 |
MH |
Akron |
OH |
13,978.97 |
6,560.89 |
4.750% |
N/A |
4/1/24 |
N |
3,531,528.16 |
3,524,967.27 |
7/1/20 |
|
|
|
|
410922504 |
71 |
RT |
New Haven |
CT |
13,293.86 |
6,202.71 |
4.750% |
N/A |
5/1/24 |
N |
3,358,450.03 |
3,352,247.32 |
7/1/20 |
|
|
|
|
28000456 |
72 |
MU |
New Orleans |
LA |
12,678.04 |
7,884.70 |
5.050% |
N/A |
4/6/24 |
N |
3,012,602.70 |
3,004,718.00 |
7/6/20 |
|
|
|
|
310923171 |
73 |
SS |
Parker |
CO |
13,101.51 |
5,214.72 |
4.840% |
N/A |
4/1/24 |
N |
3,248,308.11 |
3,243,093.39 |
7/1/20 |
|
|
|
|
410923122 |
74 |
MH |
St. Louis |
MI |
11,568.10 |
7,835.45 |
4.760% |
N/A |
5/1/24 |
N |
2,916,328.31 |
2,908,492.86 |
7/1/20 |
|
|
|
|
300571104 |
75 |
MF |
Baltimore |
MD |
11,130.20 |
4,154.51 |
5.390% |
N/A |
5/6/24 |
N |
2,477,966.49 |
2,473,811.98 |
7/6/20 |
|
|
|
|
28000477 |
76 |
RT |
Greenville |
MI |
9,395.83 |
4,561.69 |
4.640% |
N/A |
5/6/24 |
N |
2,429,955.03 |
2,425,393.34 |
7/6/20 |
|
|
|
|
860923146 |
77 |
MF |
Chicago |
IL |
9,398.84 |
3,373.17 |
5.300% |
N/A |
5/1/24 |
N |
2,128,038.93 |
2,124,665.76 |
8/1/18 |
1/11/19 |
545,963.18 |
13 |
|
28000466 |
79 |
RT |
Bridgeport |
CT |
7,772.99 |
3,716.76 |
4.682% |
N/A |
5/6/24 |
N |
1,992,223.28 |
1,988,506.52 |
7/6/20 |
|
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See footnotes on last page of this section. |
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 11 of 29 |
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Mortgage Loan Detail |
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|
|||||
|
|||||||||||||||||||||||||||
Loan |
|
|
Property |
|
|
|
|
Interest |
Principal |
|
Gross |
Anticipated |
Maturity |
Neg. |
Beginning |
|
Ending |
Paid |
Appraisal |
Appraisal |
Res. |
Mod. |
|||||
Number |
ODCR |
Type (1) |
City |
|
State |
Payment |
Payment |
|
Coupon |
Repayment |
Date |
|
Amort |
Scheduled |
|
Scheduled |
Thru |
Reduction |
Reduction |
Strat. |
Code |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date |
|
|
|
(Y/N) |
Balance |
|
Balance |
Date |
Date |
|
Amount |
(2) |
(3) |
|
|||||||||||||||||||||||||||
28000455 |
80 |
SS |
Wilson |
NC |
9,052.67 |
3,380.87 |
5.407% |
N/A |
4/6/24 |
|
N |
2,009,100.15 |
|
2,005,719.28 |
7/6/20 |
|
|
|
|
|
|||||||
410923629 |
81 |
MF |
Old Hickory |
TN |
8,273.17 |
3,384.97 |
5.140% |
N/A |
1/1/24 |
|
N |
1,931,479.34 |
|
1,928,094.37 |
7/1/20 |
|
|
|
|
|
|||||||
410922544 |
82 |
MH |
Akron |
|
OH |
7,137.61 |
4,728.48 |
4.850% |
|
4/1/24 |
|
N |
1,766,006.88 |
|
1,761,278.40 |
7/1/20 |
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Totals |
|
|
|
|
|
|
|
3,112,223.86 |
1,202,013.00 |
|
|
|
|
|
|
773,593,927.25 |
772,391,914.25 |
|
|
3,915,940.33 |
|
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|||||
|
|||||||||||||||||||||||||||
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|
|
(1) Property Type Code |
|
|
|
|
|
(2) Resolution Strategy Code |
|
|
|
|
|
(3) Modification Code |
|
|
|
|||||||||
MF |
- |
Multi-Family |
|
SS |
- |
Self Storage |
|
1 |
- Modification |
7 |
- REO |
|
11 |
- |
Full Payoff |
|
1 - |
Maturity Date Extension |
6 |
- Capitalization on Interest |
|||||||
RT |
- |
Retail |
|
98 |
- |
Other |
|
2 |
- Foreclosure |
8 |
- Resolved |
12 |
- |
Reps and Warranties |
2 - |
Amortization Change |
7 |
- Capitalization on Taxes |
|||||||||
HC |
- |
Health Care |
|
SE |
- |
Securities |
|
3 |
- Bankruptcy |
9 |
- Pending Return |
13 |
- |
TBD |
|
3 - |
Principal Write-Off |
8 |
- Other |
|
|
||||||
IN |
- |
Industrial |
|
CH |
- |
Cooperative Housing |
4 |
- Extension |
|
to Master Servicer |
98 |
- |
Other |
|
4 - |
Blank |
|
9 |
- Combination |
|
|
||||||
MH |
- |
Mobile Home Park |
WH |
- |
Warehouse |
|
5 |
- Note Sale |
10 - Deed in Lieu Of |
|
|
|
|
|
5 - Temporary Rate Reduction |
10 |
- Forbearance |
|
|
||||||||
OF |
- |
Office |
|
ZZ |
- |
Missing Information |
6 |
- DPO |
|
|
Foreclosure |
|
|
|
|
|
|
|
|
|
|
|
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|
|||
MU |
- |
Mixed Use |
|
SF |
- |
Single Family |
|
|
|
|
|
|
|
|
|
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|
|
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|
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|
LO |
- |
Lodging |
|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 12 of 29 |
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NOI Detail |
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||||||||||
Loan |
|
|
|
|
Ending |
Most |
Most |
Most Recent |
Most Recent |
|
Number |
ODCR |
Property |
City |
State |
Scheduled |
Recent |
Recent |
NOI Start |
NOI End |
|
|
|
Type |
|
|
Balance |
Fiscal NOI |
NOI |
Date |
Date |
|
|
||||||||||
440000359 |
1A |
Retail |
Woodbridge |
NJ |
56,991,273.94 |
18,810,600.00 |
4,655,111.00 |
1/1/20 |
3/31/20 |
|
440000360 |
1B |
Default |
|
|
56,991,273.94 |
0.00 |
0.00 |
|
|
|
440000375 |
3 |
Retail |
North Wales |
PA |
54,000,000.00 |
9,733,887.00 |
2,331,300.00 |
1/1/20 |
3/31/20 |
|
38000462 |
4 |
Mixed Use |
West Hollywood |
CA |
49,092,073.51 |
12,187,691.00 |
6,005,802.00 |
1/1/19 |
6/30/19 |
|
300571107 |
5 |
Multi-Family |
San Marcos |
TX |
31,050,365.48 |
2,469,392.00 |
1,243,807.00 |
1/1/20 |
6/30/20 |
|
310922175 |
6 |
Retail |
Weatherford |
TX |
29,473,406.39 |
2,572,971.00 |
0.00 |
|
|
|
780922606 |
7 |
Office |
Greenwood Village |
CO |
28,000,000.00 |
2,646,429.00 |
890,895.00 |
1/1/20 |
3/31/20 |
|
28000463 |
8 |
Retail |
Akron |
OH |
24,234,833.49 |
2,944,518.00 |
901,075.00 |
1/1/20 |
3/31/20 |
|
28000448 |
9 |
Retail |
Various |
Various |
17,803,302.63 |
10,552,589.00 |
3,136,665.00 |
1/1/20 |
3/31/20 |
|
310923154 |
10 |
Self Storage |
Various |
Various |
20,388,962.44 |
2,297,955.00 |
617,100.00 |
1/1/20 |
3/31/20 |
|
28000457 |
11 |
Various |
Dover |
DE |
20,731,166.30 |
2,800,136.00 |
535,089.00 |
1/1/20 |
3/31/20 |
|
28000452 |
13 |
Office |
Greenwood Village |
CO |
17,774,363.16 |
1,589,939.00 |
315,942.00 |
1/1/20 |
3/31/20 |
|
310923441 |
14 |
Self Storage |
Various |
CT |
17,146,797.48 |
1,863,543.00 |
450,374.00 |
1/1/20 |
3/31/20 |
|
310920294 |
15 |
Retail |
Upper Chichester Township |
PA |
16,497,814.80 |
2,337,342.00 |
618,223.00 |
1/1/20 |
3/31/20 |
|
310923368 |
16 |
Lodging |
Hallandale |
FL |
15,274,448.02 |
1,377,813.00 |
1,220,771.00 |
4/1/19 |
3/31/20 |
|
310921328 |
17 |
Retail |
Naperville |
IL |
14,394,181.84 |
1,738,434.00 |
500,013.00 |
1/1/20 |
3/31/20 |
|
440000381 |
18 |
Retail |
Memphis |
TN |
14,325,381.19 |
2,908,695.83 |
833,701.00 |
1/1/20 |
3/31/20 |
|
28000471 |
19 |
Office |
Houston |
TX |
5,823,961.89 |
598,531.00 |
164,401.00 |
1/1/20 |
3/31/20 |
|
28000479 |
20 |
Office |
Houston |
TX |
4,240,654.68 |
306,227.00 |
80,966.00 |
1/1/20 |
3/31/20 |
|
28000480 |
21 |
Office |
Houston |
TX |
4,179,657.58 |
315,712.00 |
132,676.00 |
1/1/20 |
3/31/20 |
|
28000437 |
23 |
Retail |
San Jose |
CA |
13,418,942.97 |
1,147,386.00 |
312,739.00 |
1/1/20 |
3/31/20 |
|
28000459 |
24 |
Lodging |
Grapevine |
TX |
11,976,727.60 |
2,113,866.00 |
0.00 |
|
|
|
410921186 |
25 |
Self Storage |
Huntington Beach |
CA |
9,931,802.18 |
1,547,640.00 |
431,339.00 |
1/1/20 |
3/31/20 |
|
440000376 |
27 |
Retail |
Lake Worth |
TX |
8,612,814.59 |
1,057,318.00 |
274,218.00 |
1/1/20 |
3/31/20 |
|
300571093 |
28 |
Lodging |
Covington |
LA |
8,256,186.34 |
721,788.00 |
0.00 |
|
|
|
300571090 |
30 |
Retail |
Las Vegas |
NV |
8,221,508.20 |
1,444,036.00 |
341,520.00 |
1/1/20 |
3/31/20 |
|
300571103 |
31 |
Office |
Peabody |
MA |
7,686,730.23 |
1,021,052.00 |
0.00 |
|
|
|
300571101 |
33 |
Multi-Family |
Atlanta |
GA |
7,641,340.39 |
0.00 |
0.00 |
|
|
|
310921116 |
34 |
Retail |
Houston |
TX |
6,812,063.47 |
1,768,839.00 |
633,683.00 |
1/1/20 |
3/31/20 |
|
302010035 |
35 |
Multi-Family |
North Chili |
NY |
7,348,853.15 |
839,765.00 |
0.00 |
|
|
|
28000473 |
36 |
Office |
Dallas |
TX |
6,765,496.52 |
637,045.00 |
206,951.00 |
1/1/20 |
3/31/20 |
|
300571097 |
37 |
Multi-Family |
Fairview Park |
OH |
6,753,181.83 |
701,042.00 |
198,994.00 |
1/1/20 |
3/31/20 |
|
300571094 |
39 |
Lodging |
Beaumont |
TX |
6,195,407.19 |
876,847.00 |
1,016,644.00 |
4/1/19 |
3/31/20 |
|
28000460 |
40 |
Self Storage |
Everett |
WA |
6,888,287.19 |
849,554.00 |
416,938.00 |
1/1/20 |
6/30/20 |
|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 13 of 29 |
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NOI Detail |
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||||||||||
Loan |
|
|
|
|
Ending |
Most |
Most |
Most Recent |
Most Recent |
|
Number |
ODCR |
Property |
City |
State |
Scheduled |
Recent |
Recent |
NOI Start |
NOI End |
|
|
|
Type |
|
|
Balance |
Fiscal NOI |
NOI |
Date |
Date |
|
|
||||||||||
410921175 |
42 |
Self Storage |
Escondido |
CA |
6,159,931.79 |
1,073,902.00 |
272,804.00 |
1/1/20 |
3/31/20 |
|
28000454 |
43 |
Multi-Family |
Albuquerque |
NM |
6,487,446.03 |
0.00 |
0.00 |
|
|
|
410923589 |
44 |
Multi-Family |
Waterford |
MI |
6,048,281.23 |
1,268,280.00 |
327,306.00 |
1/1/20 |
3/31/20 |
|
28000467 |
45 |
Retail |
Everett |
MA |
5,954,560.02 |
0.00 |
0.00 |
|
|
|
440000374 |
46 |
Industrial |
Santa Clara |
CA |
5,950,478.21 |
808,158.00 |
177,394.00 |
1/1/19 |
3/31/19 |
|
310922556 |
47 |
Retail |
Ashburn |
VA |
5,836,199.51 |
685,500.00 |
398,220.00 |
1/1/20 |
6/30/20 |
|
28000476 |
48 |
Lodging |
Weston |
FL |
5,575,337.08 |
0.00 |
0.00 |
|
|
|
310922787 |
49 |
Retail |
Mount Juliet |
TN |
5,882,732.76 |
988,320.00 |
255,360.00 |
1/1/20 |
3/31/20 |
|
780922681 |
50 |
Retail |
Barstow |
CA |
5,692,677.40 |
654,613.00 |
160,130.00 |
1/1/20 |
3/31/20 |
|
410922762 |
51 |
Retail |
Rochester Hills |
MI |
5,464,776.56 |
600,219.00 |
107,557.00 |
1/1/20 |
3/31/20 |
|
440000377 |
52 |
Lodging |
Grapevine |
TX |
5,175,427.74 |
603,045.00 |
486,420.00 |
10/1/18 |
9/30/19 |
|
28000436 |
53 |
Retail |
Oregon City |
OR |
6,000,000.00 |
956,718.00 |
238,175.00 |
1/1/20 |
3/31/20 |
|
790923352 |
54 |
Retail |
Brentwood |
TN |
5,385,743.79 |
0.00 |
0.00 |
|
|
|
410921164 |
56 |
Self Storage |
Modesto |
CA |
4,988,270.08 |
1,188,884.00 |
309,684.00 |
1/1/20 |
3/31/20 |
|
410921155 |
59 |
Self Storage |
Modesto |
CA |
4,607,997.94 |
1,183,751.00 |
312,778.00 |
1/1/20 |
3/31/20 |
|
310923284 |
60 |
Office |
Berkeley |
CA |
4,480,208.20 |
867,645.00 |
233,569.00 |
1/1/20 |
3/31/20 |
|
410922738 |
61 |
Self Storage |
Boston |
MA |
4,492,008.93 |
0.00 |
0.00 |
|
|
|
410921165 |
62 |
Self Storage |
Pinole |
CA |
4,457,550.52 |
0.00 |
251,757.00 |
1/1/20 |
3/31/20 |
|
28000445 |
63 |
Lodging |
Bryan |
TX |
3,832,225.77 |
358,879.00 |
244,521.00 |
4/1/19 |
3/31/20 |
|
300571089 |
64 |
Retail |
Overland Park |
KS |
4,277,462.03 |
478,561.00 |
160,249.00 |
1/1/20 |
3/31/20 |
|
28000474 |
65 |
Multi-Family |
East Ridge |
TN |
4,303,266.86 |
513,734.00 |
161,832.00 |
1/1/20 |
3/31/20 |
|
310923285 |
66 |
Office |
San Francisco |
CA |
4,028,204.52 |
552,264.00 |
150,101.00 |
1/1/20 |
3/31/20 |
|
790923138 |
67 |
Office |
Katy |
TX |
4,166,205.80 |
448,681.00 |
0.00 |
|
|
|
310923167 |
68 |
Self Storage |
Aurora |
CO |
3,940,992.00 |
458,171.00 |
118,502.00 |
1/1/20 |
3/31/20 |
|
410923356 |
69 |
Multi-Family |
Ypsilanti |
MI |
3,539,680.38 |
842,853.00 |
227,149.00 |
1/1/20 |
3/31/20 |
|
410922542 |
70 |
Mobile Home Park |
Akron |
OH |
3,524,967.27 |
539,899.00 |
138,139.00 |
1/1/20 |
3/31/20 |
|
410922504 |
71 |
Retail |
New Haven |
CT |
3,352,247.32 |
421,192.00 |
105,298.00 |
1/1/20 |
3/31/20 |
|
28000456 |
72 |
Mixed Use |
New Orleans |
LA |
3,004,718.00 |
416,416.00 |
98,797.00 |
1/1/20 |
3/31/20 |
|
310923171 |
73 |
Self Storage |
Parker |
CO |
3,243,093.39 |
290,240.00 |
71,176.00 |
1/1/20 |
3/31/20 |
|
410923122 |
74 |
Mobile Home Park |
St. Louis |
MI |
2,908,492.86 |
499,449.00 |
129,908.00 |
1/1/20 |
3/31/20 |
|
300571104 |
75 |
Multi-Family |
Baltimore |
MD |
2,473,811.98 |
0.00 |
0.00 |
|
|
|
28000477 |
76 |
Retail |
Greenville |
MI |
2,425,393.34 |
319,480.00 |
79,871.00 |
1/1/20 |
3/31/20 |
|
860923146 |
77 |
Multi-Family |
Chicago |
IL |
2,124,665.76 |
185,186.00 |
151,829.00 |
4/1/18 |
3/31/19 |
|
28000466 |
79 |
Retail |
Bridgeport |
CT |
1,988,506.52 |
0.00 |
0.00 |
|
|
|
|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 14 of 29 |
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NOI Detail |
|
|
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||||||||||
Loan |
|
|
|
|
Ending |
Most |
Most |
Most Recent |
Most Recent |
|
Number |
ODCR |
Property |
City |
State |
Scheduled |
Recent |
Recent |
NOI Start |
NOI End |
|
|
|
Type |
|
|
Balance |
Fiscal NOI |
NOI |
Date |
Date |
|
28000455 |
80 |
Self Storage |
Wilson |
NC |
2,005,719.28 |
382,448.00 |
95,724.00 |
1/1/20 |
3/31/20 |
|
410923629 |
81 |
Multi-Family |
Old Hickory |
TN |
1,928,094.37 |
0.00 |
0.00 |
|
|
|
410922544 |
82 |
Mobile Home Park |
Akron |
OH |
1,761,278.40 |
278,654.00 |
66,462.00 |
1/1/20 |
3/31/20 |
|
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Total |
|
|
|
|
772,391,914.25 |
|
|
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|
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 15 of 29 |
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Principal Prepayment Detail |
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Loan Number |
Loan Group |
Offering Document |
Principal Prepayment Amount |
Prepayment Penalties |
|
|
|
|
Cross-Reference |
Payoff Amount |
Curtailment Amount |
Prepayment Premium Yield Maintenance Premium |
|
|
|
No Principal Prepayments this Period |
|
|
||
|
||||||
|
||||||
|
||||||
|
||||||
Totals |
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 16 of 29 |
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|
Historical Detail |
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|
|
|
|
|
|
|
|
||
|
|
|
|
Delinquencies |
|
|
|
|
|
|
|
|
|
Prepayments |
Rate and Maturities |
||||
Distribution |
|
30-59 Days |
|
60-89 Days |
90 Days or More |
|
Foreclosure |
|
REO |
|
Modifications |
|
Curtailments |
|
Payoff |
Next Weighted Avg. |
WAM |
||
Date |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Amount |
# |
Amount |
Coupon |
Remit |
|
7/17/20 |
4 |
|
3 |
|
3 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.827619% |
45 |
|
|
|
$77,964,218.81 |
$143,455,954.27 |
|
$24,706,233.29 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.723553% |
|
||
6/17/20 |
3 |
|
2 |
|
2 |
|
1 |
|
0 |
|
0 |
|
0 |
|
1 |
|
4.827686% |
46 |
|
|
$126,153,020.20 |
|
$43,871,250.68 |
|
$10,404,156.84 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$19,226,719.92 |
4.787528% |
|
||
5/15/20 |
3 |
|
0 |
|
2 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.832900% |
46 |
|
|
|
$55,954,036.97 |
|
$0.00 |
|
$10,425,716.66 |
|
$19,276,701.06 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.791529% |
|
|
4/17/20 |
0 |
|
0 |
|
2 |
|
1 |
|
0 |
|
0 |
|
0 |
|
2 |
|
4.832965% |
47 |
|
|
|
$0.00 |
|
$0.00 |
|
$10,448,809.29 |
|
$19,310,461.40 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$5,110,046.71 |
4.791592% |
|
|
3/17/20 |
0 |
|
0 |
|
2 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833069% |
48 |
|
|
|
$0.00 |
|
$0.00 |
|
$10,470,151.00 |
|
$19,341,384.07 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.791789% |
|
|
2/18/20 |
0 |
|
1 |
|
1 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833137% |
49 |
|
|
|
$0.00 |
|
$8,353,601.60 |
|
$2,141,077.59 |
|
$19,377,575.39 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.791855% |
|
|
1/17/20 |
1 |
|
0 |
|
1 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833195% |
50 |
|
|
|
$8,371,732.55 |
|
$0.00 |
|
$2,144,064.33 |
|
$19,408,208.05 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.791911% |
|
|
12/17/19 |
0 |
|
0 |
|
1 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833252% |
51 |
|
|
|
$0.00 |
|
$0.00 |
|
$2,147,037.50 |
|
$19,438,708.34 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.791966% |
|
|
11/18/19 |
0 |
|
0 |
|
1 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833314% |
52 |
|
|
|
$0.00 |
|
$0.00 |
|
$2,150,312.30 |
|
$19,471,791.10 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.794633% |
|
|
10/18/19 |
0 |
|
0 |
|
1 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833371% |
53 |
|
|
|
$0.00 |
|
$0.00 |
|
$2,153,257.08 |
|
$19,502,016.63 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.794690% |
|
|
9/17/19 |
0 |
|
0 |
|
1 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833432% |
54 |
|
|
|
$0.00 |
|
$0.00 |
|
$2,156,504.53 |
|
$19,534,834.60 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.794751% |
|
|
8/16/19 |
0 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.833487% |
55 |
|
|
|
$0.00 |
|
$0.00 |
|
$2,159,421.18 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.794806% |
|
|
Note: Foreclosure and REO Totals are included in the delinquencies aging categories. |
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
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Copyright 2020, Wells Fargo Bank, N.A. |
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|
Page 17 of 29 |
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Delinquency Loan Detail |
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|
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|
|
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|
|||||
|
||||||||||||||||||||||
|
|
Offering |
# of |
|
Current |
Outstanding |
|
Status of Resolution |
|
|
|
Actual |
|
Outstanding |
|
|
|
|||||
Loan Number |
Document |
Months |
Paid Through |
P & I |
P & I |
|
|
Mortgage |
Strategy |
Servicing |
Foreclosure |
Principal |
|
Servicing |
|
Bankruptcy |
REO |
|||||
|
|
Cross-Reference |
Delinq. |
Date |
Advances |
Advances ** |
|
Loan (1) |
Code (2) Transfer Date |
|
Date |
Balance |
|
Advances |
|
Date |
Date |
|||||
|
||||||||||||||||||||||
440000359 |
|
1A |
|
2 |
4/1/20 |
312,504.23 |
938,183.09 |
2 |
13 |
6/26/20 |
|
|
57,242,287.48 |
0.00 |
|
|
|
|||||
440000360 |
|
1B |
|
2 |
4/1/20 |
312,504.23 |
938,183.09 |
2 |
13 |
6/26/20 |
|
|
57,242,287.48 |
0.00 |
|
|
|
|||||
440000375 |
|
3 |
|
1 |
5/1/20 |
204,459.75 |
416,325.00 |
1 |
13 |
6/16/20 |
|
|
54,000,000.00 |
532,616.25 |
|
|
||||||
310922175 |
|
6 |
|
2 |
4/1/20 |
158,083.89 |
474,709.08 |
2 |
13 |
7/3/20 |
|
|
29,606,613.32 |
0.00 |
|
|
|
|||||
440000381 |
|
18 |
|
3 |
3/1/20 |
83,220.06 |
333,110.48 |
3 |
13 |
5/13/20 |
|
|
14,427,534.86 |
0.00 |
|
|
|
|||||
28000459 |
|
24 |
|
1 |
5/6/20 |
72,902.55 |
145,927.07 |
1 |
|
|
|
|
12,016,249.47 |
0.00 |
|
|
|
|||||
300571093 |
|
28 |
|
7 |
11/6/19 |
43,383.41 |
417,250.05 |
6 |
2 |
11/20/19 |
|
|
8,409,066.55 |
72,068.36 |
|
|
||||||
310921116 |
|
34 |
|
1 |
5/1/20 |
44,543.38 |
89,156.08 |
1 |
|
|
|
|
6,848,717.36 |
3,516.23 |
|
|
||||||
440000377 |
|
52 |
|
1 |
5/1/20 |
35,079.99 |
70,212.66 |
1 |
|
|
|
|
5,201,501.57 |
0.00 |
|
|
|
|||||
860923146 |
|
77 |
|
22 |
8/1/18 |
10,230.58 |
244,284.46 |
6 |
13 |
9/14/18 |
|
|
2,195,582.51 |
144,404.91 |
|
|
||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
Totals |
|
10 |
|
|
|
1,276,912.06 |
4,067,341.06 |
|
|
|
|
|
247,189,840.60 |
752,605.75 |
|
|
|||||
|
||||||||||||||||||||||
Totals By Delinquency Code: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
||||||||||||||||||||||
Total for Status Code |
= 1 |
(4 loans) |
|
356,985.66 |
721,620.81 |
|
|
|
|
|
78,066,468.40 |
536,132.48 |
|
|
||||||||
Total for Status Code |
= 2 |
(3 loans) |
|
783,092.35 |
2,351,075.26 |
|
|
|
|
|
144,091,188.28 |
0.00 |
|
|
|
|||||||
Total for Status Code |
= 3 |
(1 loan) |
|
83,220.06 |
333,110.48 |
|
|
|
|
|
14,427,534.86 |
0.00 |
|
|
|
|||||||
Total for Status Code |
= 6 |
(2 loans) |
|
53,613.99 |
661,534.51 |
|
|
|
|
|
10,604,649.06 |
216,473.27 |
|
|
||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
|
|
|
|
|
(1) Status of Mortgage Loan |
|
|
|
|
|
|
|
|
|
(2) Resolution Strategy Code |
|
|
||||
A |
- Payment Not Received |
0 |
- Current |
|
4 |
- |
Performing Matured Balloon |
1 - |
Modification |
7 |
- |
REO |
|
11 |
- Full Payoff |
|
||||||
|
But Still in Grace Period |
1 |
- 30-59 Days Delinquent |
5 |
- |
Non Performing Matured Balloon |
2 - |
Foreclosure |
8 |
- |
Resolved |
|
12 |
- Reps and Warranties |
||||||||
|
Or Not Yet Due |
|
2 |
- 60-89 Days Delinquent |
6 |
- |
121+ Days Delinquent |
|
3 - |
Bankruptcy |
9 |
- |
Pending Return |
13 |
- TBD |
|
||||||
B |
- Late Payment But Less |
3 |
- 90-120 Days Delinquent |
|
|
|
|
|
|
4 - |
Extension |
|
|
to Master Servicer |
98 |
- Other |
|
|||||
|
Than 30 Days Delinquent |
|
|
|
|
|
|
|
|
|
5 - |
Note Sale |
10 - |
Deed In Lieu Of |
|
|
|
|||||
** Outstanding P & I Advances include the current period advance. |
|
|
|
|
|
|
6 - |
DPO |
|
|
Foreclosure |
|
|
|
||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
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|
Page 18 of 29 |
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Specially Serviced Loan Detail - Part 1 |
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|
|
|
||||||
|
|||||||||||||||||||||
|
Offering |
|
Servicing |
Resolution |
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
Remaining |
|
Loan |
|
|
|
|
|
|
Scheduled |
Property |
|
|
Interest |
Actual |
|
|
|
DSCR |
|
|
Note |
Maturity |
|
|
Document |
|
Transfer |
Strategy |
|
|
|
|
|
State |
|
|
Operating |
|
DSCR |
|
|
|
Amortization |
||
Number |
|
|
|
|
|
|
Balance |
Type (2) |
|
|
Rate |
Balance |
|
|
|
Date |
|
|
Date |
Date |
|
|
Cross-Reference |
|
Date |
Code (1) |
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
Term |
||
|
|||||||||||||||||||||
440000359 |
1A |
|
6/26/20 |
13 |
|
|
56,991,273.94 |
RT |
|
NJ |
4.796% |
57,242,287.48 |
4,425,874.00 |
3/31/20 |
2.16 |
|
5/1/14 |
4/1/24 |
286 |
||
440000360 |
1B |
|
6/26/20 |
13 |
|
|
56,991,273.94 |
|
|
|
4.796% |
57,242,287.48 |
23,327,535.76 |
|
1.42 |
|
5/1/14 |
4/1/24 |
286 |
||
440000375 |
3 |
|
6/16/20 |
13 |
|
|
54,000,000.00 |
RT |
|
PA |
4.570% |
54,000,000.00 |
2,194,419.00 |
3/31/20 |
1.90 |
|
6/1/14 |
5/1/24 |
1,000 |
||
310922175 |
6 |
|
7/3/20 |
13 |
|
|
29,473,406.39 |
RT |
|
TX |
4.590% |
29,606,613.32 |
2,419,845.00 |
12/31/19 |
1.27 |
|
7/1/14 |
6/1/24 |
286 |
||
440000381 |
18 |
|
5/13/20 |
13 |
|
|
14,325,381.19 |
RT |
|
TN |
4.756% |
14,427,534.86 |
757,683.00 |
3/31/20 |
1.21 |
|
5/1/14 |
4/1/21 |
284 |
||
300571093 |
28 |
|
11/20/19 |
2 |
|
|
8,256,186.34 |
LO |
|
LA |
5.767% |
8,409,066.55 |
605,205.00 |
12/31/19 |
0.84 |
|
5/6/14 |
4/6/24 |
224 |
||
860923146 |
77 |
|
9/14/18 |
13 |
|
|
2,124,665.76 |
MF |
|
IL |
5.300% |
2,195,582.51 |
151,829.00 |
3/31/19 |
0.99 |
|
6/1/14 |
5/1/24 |
286 |
||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|
|
|
|
(1) Resolution Strategy Code |
|
|
|
|
|
|
(2) Property Type Code |
|
|
|
|
|||||
|
1 |
- |
Modification |
7 |
- |
REO |
|
11 |
- Full Payoff |
|
MF |
- |
Multi-Family |
SS |
- |
Self Storage |
|
|
|||
|
2 |
- |
Foreclosure |
8 |
- |
Resolved |
|
12 |
- Reps and Warranties |
|
RT |
- |
Retail |
|
98 |
- |
Other |
|
|
||
|
3 |
- |
Bankruptcy |
9 |
- |
Pending Return |
13 |
- TBD |
|
|
HC |
- |
Health Care |
SE |
- |
Securities |
|
|
|||
|
4 |
- |
Extension |
|
|
|
to Master Servicer |
98 |
- Other |
|
|
IN |
- |
Industrial |
|
CH - |
Cooperative Housing |
|
|||
|
5 |
- |
Note Sale |
|
10 - |
Deed in Lieu Of |
|
|
|
|
MH |
- |
Mobile Home Park |
WH - |
Warehouse |
|
|
||||
|
6 |
- |
DPO |
|
|
|
Foreclosure |
|
|
|
|
|
OF |
- |
Office |
|
ZZ |
- |
Missing Information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MU |
- |
Mixed Use |
|
SF |
- |
Single Family |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LO |
- |
Lodging |
|
|
|
|
|
|
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
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Page 19 of 29 |
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Specially Serviced Loan Detail - Part 2 |
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||||||
|
Offering |
Resolution |
Site |
|
|
|
Loan |
|
|
|
Appraisal |
Appraisal |
Other REO |
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
Comments from Special Servicer |
Number |
|
|
|
Date |
Value |
Property Revenue |
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
||||||
440000359 |
1A |
13 |
|
1/31/14 |
366,000,000.00 |
Loan recently transferred for Imminent Monetary Default at borrower's request as a result of |
|
|
|
|
|
|
the Covid-19 pandemic. We are reaching out to the borrower in order to assess next steps. |
|
||||||
|
||||||
|
||||||
|
||||||
440000360 |
1B |
13 |
|
1/31/14 |
366,000,000.00 |
Loan recently transferred for Imminent Monetary Default at borrower's request as a result of |
|
|
|
|
|
|
the Covid-19 pandemic. We are reaching out to the borrower in order to assess next steps. |
|
||||||
|
||||||
|
||||||
|
||||||
440000375 |
3 |
13 |
|
3/28/14 |
195,000,000.00 |
Imminent default due to COVID19. |
|
||||||
|
||||||
|
||||||
|
||||||
See footnotes on last page of this section. |
|
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||
|
||||||
|
||||||
Copyright 2020, Wells Fargo Bank, N.A. |
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Page 20 of 29 |
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|
Specially Serviced Loan Detail - Part 2 |
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||||||
|
||||||
|
Offering |
Resolution |
Site |
|
|
|
Loan |
|
|
|
Appraisal |
Appraisal |
Other REO |
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
Comments from Special Servicer |
Number |
|
|
|
Date |
Value |
Property Revenue |
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
||||||
310922175 |
6 |
13 |
|
3/21/14 |
41,400,000.00 |
The loan is is 60+days delinquent. |
|
||||||
|
||||||
|
||||||
|
||||||
440000381 |
18 |
13 |
|
2/26/14 |
61,000,000.00 |
The loan transferred to special servicing effective 5/13/2020 for imminent monetary default. |
|
|
|
|
|
|
The 240,197 sq ft retail property was built in 1988 and is located in Memphis, TN. File being |
|
|
|
|
|
|
reviewed to determine workout strategy going forward. |
|
||||||
|
||||||
|
||||||
|
||||||
300571093 |
28 |
2 |
|
2/21/20 |
5,400,000.00 |
The Property is a 116-room, Hilton Garden Inn-branded hotel built by the Borrower in 2011 |
|
|
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|
|
|
and located in Covington, LA. The Franchise with Hilton expires in May 2030. The file |
|
|
|
|
|
|
transferred to the Special Servicer on November 20, 2019 for imminent def ault due to |
|
|
|
|
|
|
cashflow issues. Per Borrower the market has become distressed due to Chevron, the |
|
|
|
|
|
|
largest producer of room nights in Covington, moving out of the area. As of 10/19, the |
|
|
|
|
|
|
Property reported TTM NCF/DSCR of $310K/.43x. A hard lockbox is i n place, and Lender |
|
|
|
|
|
|
is trapping all cash. The Borrower subsequently defaulted on their 12/6/19 payment. |
|
|
|
|
|
|
Counsel has been engaged. Lender will discuss possible alternatives to foreclosure with the |
|
|
|
|
|
|
Borrower while simultaneously pursuing appointment of a receiver and foreclosure. Lender |
|
|
|
|
|
|
in process of filing for a receiver, which should be appointed in the coming weeks. |
|
||||||
|
||||||
|
||||||
|
||||||
See footnotes on last page of this section. |
|
|
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|
||
|
||||||
|
||||||
|
||||||
Copyright 2020, Wells Fargo Bank, N.A. |
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|
Page 21 of 29 |
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|
|
Specially Serviced Loan Detail - Part 2 |
||||||
|
|||||||||||
|
|||||||||||
|
Offering |
Resolution |
Site |
|
|
|
|
|
|
|
|
Loan |
|
|
|
|
Appraisal |
Appraisal |
Other REO |
|
|
||
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
|
|
|
|
Comments from Special Servicer |
|
Number |
|
|
|
|
Date |
Value |
|
Property Revenue |
|
|
|
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
|
|
|
|
|
|||||||||||
860923146 |
77 |
13 |
|
|
3/7/14 |
3,200,000.00 |
|
Loan was transferred to the Special Servicer on 09/14/2018, for Imminent Default due to |
|||
|
|
|
|
|
|
|
|
|
|
Guarantor being investigated by the SEC. The loan is currently 60+ days past due, with a |
|
|
|
|
|
|
|
|
|
|
|
next payment date of 09/01/2018. This loan is secured by a 33 Units Mul tifamily property, |
|
|
|
|
|
|
|
|
|
|
|
located in Chicago, IL, with occupancy of 81.80%, as of 11/1/2018 and annualized NOI of |
|
|
|
|
|
|
|
|
|
|
|
$167,242 as of 10/31/2018. A default letter was sent on 11/01/2018. Lender has engaged |
|
|
|
|
|
|
|
|
|
|
|
counsel to represent Lender's interest in the securiti es fraud complaint against EquityBuild, |
|
|
|
|
|
|
|
|
|
|
|
Inc., Equitybuild Finance, LLC, Jerome Cohen ('Guarantor'), and Shaun Cohen, and the |
|
|
|
|
|
|
|
|
|
|
|
receivership action. Property was sold May 22, 2019. The sale proceeds are being held in a |
|
|
|
|
|
|
|
|
|
|
|
segregated account and the money cannot be released until further order of the court. |
|
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|
|
|
|
|
(1) Resolution Strategy Code |
|
|
|||
|
|||||||||||
|
|
|
|
1 |
- Modification |
7 |
- |
REO |
|
11 - |
Full Payoff |
|
|
|
|
2 |
- Foreclosure |
8 |
- |
Resolved |
12 - |
Reps and Warranties |
|
|
|
|
|
3 |
- Bankruptcy |
9 |
- |
Pending Return |
13 - |
TBD |
|
|
|
|
|
4 |
- Extension |
|
|
to Master Servicer |
98 - |
Other |
|
|
|
|
|
5 |
- Note Sale |
10 |
- |
Deed in Lieu Of |
|
|
|
|
|
|
|
6 |
- DPO |
|
|
Foreclosure |
|
|
|
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
Page 22 of 29 |
|
|
|
Advance Summary |
|
|
|
|
||||||
|
|
Current P&I |
Outstanding P&I |
Outstanding Servicing |
Current Period Interest |
|
|
Loan Group |
|
|
|
on P&I and Servicing |
|
|
|
Advances |
Advances |
Advances |
Advances Paid |
|
|
Totals |
1,276,912.06 |
4,067,341.06 |
536,132.48 |
0.00 |
|
|
||||||
|
||||||
|
||||||
|
||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
Page 23 of 29 |
|
|
|
Modified Loan Detail |
|
|
||
|
|||||||
Offering |
|
|
|
|
|
|
|
Loan |
Pre-Modification |
Post-Modification |
Pre-Modification Post-Modification |
Modification |
|
|
|
Document |
|
|
|
|
|
Modification Description |
|
Number |
Balance |
Balance |
Interest Rate |
Interest Rate |
Date |
|
|
Cross-Reference |
|
|
|
|
|
|
|
|
|||||||
|
|||||||
|
|
|
|
No Modified Loans |
|
|
|
|
|||||||
|
|||||||
|
|||||||
|
|||||||
Totals |
|
|
|
|
|
|
|
|
|||||||
|
|||||||
|
|||||||
|
|||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
Page 24 of 29 |
|
|
|
|
Historical Liquidated Loan Detail |
|
|
|
|
||||
|
||||||||||||
|
|
Beginning |
Fees, |
Most Recent |
Gross Sales |
Net Proceeds |
Net Proceeds |
|
Date of Current |
Current Period |
Cumulative |
Loss to Loan |
Distribution |
|
|
|
|
|
|
|
Realized |
|
|
|
|
|
ODCR |
Scheduled |
Advances, |
Appraised Value |
Proceeds or |
Received on |
Available for |
|
Period Adj. |
Adjustment |
Adjustment |
with Cum |
Date |
|
|
|
|
|
|
|
Loss to Trust |
|
|
|
|
|
|
Balance |
and Expenses * |
or BPO |
Other Proceeds |
Liquidation |
Distribution |
|
to Trust |
to Trust |
to Trust |
Adj. to Trust |
6/17/20 |
12 |
19,276,701.06 |
1,531,258.33 |
18,660,000.00 |
21,641,271.88 |
21,641,271.88 |
20,110,013.55 |
18,777.74 |
|
0.00 |
0.00 |
18,777.74 |
7/17/19 |
29 |
8,688,212.19 |
49,846.03 |
15,400,000.00 |
8,738,058.22 |
8,738,058.22 |
8,688,212.19 |
0.00 |
|
0.00 |
-495.00 |
495.00 |
6/17/19 |
38 |
6,356,096.43 |
0.00 |
11,850,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
Current Total |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
|
Cumulative Total |
34,321,009.68 |
1,581,104.36 |
45,910,000.00 |
30,379,330.10 |
30,379,330.10 |
28,798,225.74 |
18,777.74 |
|
0.00 |
(495.00) |
19,272.74 |
|
|
||||||||||||
* Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
|
|
|
|
|
|
||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
Page 25 of 29 |
|
|
|
Historical Bond/Collateral Loss Reconciliation Detail |
|
|
|
|||||
|
|||||||||||
Distribution |
Offering |
Beginning |
Aggregate |
Prior Realized |
Amts Covered by |
Interest |
Modification |
Additional |
Realized Loss |
Recoveries of |
(Recoveries)/ |
|
Document |
Balance |
Realized Loss |
Loss Applied |
Credit Support/ |
(Shortages)/ |
/Appraisal |
(Recoveries) |
Applied to |
Realized Losses |
Losses Applied to |
Date |
Cross-Reference |
at Liquidation |
on Loans |
to Certificates |
Deal Structure |
Excesses |
Reduction Adj. |
/Expenses |
Certificates to Date |
Paid as Cash |
Certificate Interest |
|
|||||||||||
6/17/20 |
12 |
19,276,701.06 |
18,777.74 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
18,777.74 |
0.00 |
0.00 |
7/17/19 |
29 |
8,688,212.19 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
10/18/19 |
29 |
8,688,212.19 |
495.00 |
0.00 |
0.00 |
0.00 |
0.00 |
495.00 |
495.00 |
0.00 |
0.00 |
6/25/19 |
38 |
6,356,096.43 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
Totals |
|
|
|
0.00 |
0.00 |
0.00 |
495.00 |
|
0.00 |
0.00 |
|
|||||||||||
|
|||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
Page 26 of 29 |
|
|
|
Interest Shortfall Reconciliation Detail - Part 1 |
|
|
|
|
||||
|
|||||||||||
Offering |
Stated Principal |
Current Ending |
Special Servicing Fees |
|
|
|
Non-Recoverable |
|
|
Modified Interest |
|
|
|
|
|
|
|
|
|
|
Interest on |
|
|
Document |
Balance at |
Scheduled |
|
|
|
ASER |
(PPIS) Excess |
(Scheduled |
|
|
Rate (Reduction) |
|
|
|
|
|
|
|
|
|
Advances |
|
|
Cross-Reference |
Contribution |
Balance |
Monthly |
Liquidation |
Work Out |
|
|
Interest) |
|
|
/Excess |
|
|||||||||||
1A |
60,000,000.00 |
56,991,273.94 |
11,891.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
1B |
60,000,000.00 |
56,991,273.94 |
11,891.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
3 |
54,000,000.00 |
54,000,000.00 |
10,416.67 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
18 |
15,961,815.19 |
14,325,381.19 |
2,990.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
28 |
9,448,107.59 |
8,256,186.34 |
2,000.00 |
0.00 |
0.00 |
16,139.38 |
0.00 |
0.00 |
0.00 |
|
0.00 |
77 |
2,300,000.00 |
2,124,665.76 |
2,000.00 |
0.00 |
0.00 |
2,370.39 |
0.00 |
0.00 |
0.00 |
|
0.00 |
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
Totals |
201,709,922.78 |
192,688,781.17 |
41,189.09 |
0.00 |
0.00 |
18,509.77 |
0.00 |
0.00 |
0.00 |
|
0.00 |
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
Copyright 2020, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
Page 27 of 29 |
|
|
|
Interest Shortfall Reconciliation Detail - Part 2 |
|
|
|
|||||
Offering |
Stated Principal |
Current Ending |
Reimb of Advances to the Servicer Other (Shortfalls)/ |
|
|
Document |
Balance at |
Scheduled |
|
Comments |
|
|
|
|
|
Left to Reimburse |
|
Cross-Reference |
Contribution |
Balance |
Current Month |
Master Servicer Refunds |
|
|
|||||
|
|||||
|
|||||
|
|||||
|
|
There are no Interest Shortfalls for the above columns for this Period. |
|
||
|
|||||
|
|||||
|
|||||
|
|||||
Totals |
|
|
|
|
|
Interest Shortfall Reconciliation Detail Part 2 Total |
|
0.00 |
|
||
Interest Shortfall Reconciliation Detail Part 1 Total |
|
59,698.86 |
|
||
Total Interest Shortfall Allocated to Trust |
|
59,698.86 |
|
||
|
|||||
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Copyright 2020, Wells Fargo Bank, N.A. |
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Defeased Loan Detail |
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Offering Document |
Ending Scheduled |
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Loan Number |
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Maturity Date |
Note Rate |
Defeasance Status |
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Cross-Reference |
Balance |
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300571101 |
33 |
7,641,340.39 |
2/6/24 |
5.230 |
Full Defeasance |
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28000454 |
43 |
6,487,446.03 |
4/6/24 |
5.256 |
Full Defeasance |
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28000467 |
45 |
5,954,560.02 |
5/6/24 |
4.665 |
Full Defeasance |
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28000476 |
48 |
5,575,337.08 |
5/6/24 |
5.250 |
Full Defeasance |
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790923352 |
54 |
5,385,743.79 |
5/1/24 |
4.790 |
Full Defeasance |
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410922738 |
61 |
4,492,008.93 |
10/1/23 |
4.930 |
Full Defeasance |
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300571104 |
75 |
2,473,811.98 |
5/6/24 |
5.390 |
Full Defeasance |
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28000466 |
79 |
1,988,506.52 |
5/6/24 |
4.682 |
Full Defeasance |
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410923629 |
81 |
1,928,094.37 |
1/1/24 |
5.140 |
Full Defeasance |
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Totals |
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41,926,849.11 |
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Copyright 2020, Wells Fargo Bank, N.A. |
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Page 29 of 29 |