0001056404-20-008214.txt : 20200731 0001056404-20-008214.hdr.sgml : 20200731 20200731101556 ACCESSION NUMBER: 0001056404-20-008214 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200717 0000850779 0000740906 FILED AS OF DATE: 20200731 DATE AS OF CHANGE: 20200731 ABS ASSET CLASS: Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2014-LC16 CENTRAL INDEX KEY: 0001607641 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-172366-14 FILM NUMBER: 201064155 BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 10-D 1 wcm14l16_10d-202007.htm wcm14l16_10d-202007.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-D

ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

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)



Registered/reporting pursuant to (check one)

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

     

     

  X  

     

A-4

     

     

  X  

     

A-5

     

     

  X  

     

A-SB

     

     

  X  

     

X-A

     

     

  X  

     

X-B

     

     

  X  

     

A-S

     

     

  X  

     

B

     

     

  X  

     

C

     

     

  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:

Loss Information as reported on July 17, 2020

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:

(99.1) Monthly report distributed to holders of the certificates issued by Wells Fargo Commercial Mortgage Trust 2014-LC16, relating to the July 17, 2020 distribution.

(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

 

 

EX-99.1 2 wcm14l16_ex991-202007.htm wcm14l16_ex991-202007.htm - Generated by SEC Publisher for SEC Filing

 

       

 

 

For Additional Information, please contact

 

Wells Fargo Commercial Mortgage Trust 2014-LC16

CTSLink Customer Service

 

 

 

1-866-846-4526

 

 

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

 

 

 

 

Table of Contents

 

 

 

 

STATEMENT SECTIONS

 

PAGE(s)

 

 

Certificate Distribution Detail

 

2

 

 

Certificate Factor Detail

 

3

 

 

Reconciliation Detail

 

4

 

 

Other Required Information

 

5

 

 

Cash Reconciliation

 

6

 

 

Current Mortgage Loan and Property Stratification Tables

7 - 9

 

 

Mortgage Loan Detail

 

10 - 12

 

 

NOI Detail

 

13 - 15

 

 

Principal Prepayment Detail

 

16

 

 

Historical Detail

 

17

 

 

Delinquency Loan Detail

 

18

 

 

Specially Serviced Loan Detail

 

19 - 22

 

 

Advance Summary

 

23

 

 

Modified Loan Detail

 

24

 

 

Historical Liquidated Loan Detail

 

25

 

 

Historical Bond/Collateral Loss Reconciliation Detail

26

 

 

Interest Shortfall Reconciliation Detail

 

27 - 28

 

 

Defeased Loan Detail

 

29

 

 

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

 


 

 

                       

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

 

 

 

 

 

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

 

 

 

 

(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).

 

 

 

 

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

Page 2 of 29

 


 

 

               

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

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

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 3 of 29

 


 

 

                       

 

 

 

 

 

Reconciliation Detail

 

 

 

 

Principal Reconciliation

 

 

 

 

 

 

 

 

 

 

 

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

 

Certificate Interest Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

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.

 

 

Page 6 of 29

 


 

 

                           

 

 

Current Mortgage Loan and Property Stratification Tables

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 9 of 29

 


 

 

                                   

 

 

 

 

 

 

 

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)

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 10 of 29

 

 


 

 

                                   

 

 

 

 

 

 

 

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

 

 

 

 

 

See footnotes on last page of this section.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 11 of 29

 

 


 

 

                                                       

 

 

 

 

 

 

 

 

 

 

 

 

 

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)

 

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

 

 

 

 

 

 

 

 

 

Totals

 

 

 

 

 

 

 

3,112,223.86

1,202,013.00

 

 

 

 

 

 

773,593,927.25

772,391,914.25

 

 

        3,915,940.33

 

 

 

 

 

 

(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

 

 

 

 

 

 

 

 

 

 

 

 

 

MU

-

Mixed Use

 

SF

-

Single Family

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LO

-

Lodging

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 12 of 29

 

 


 

 

                     

 

 

 

NOI Detail

 

 

 

 

 

 

 

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

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 13 of 29

 


 

 

                     

 

 

 

 

NOI Detail

 

 

 

 

 

 

 

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

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 14 of 29

 


 

 

                     

 

 

 

 

NOI Detail

 

 

 

 

 

 

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

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 15 of 29

 


 

 

             

 

 

Principal Prepayment Detail

 

 

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

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 16 of 29

 


 

 

                                       

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 17 of 29

 


 

 

                                             

 

 

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 18 of 29

 


 

 

                                           

 

 

 

 

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 19 of 29

 


 

 

             

 

 

 

 

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

 

 

 

 

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.

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

Page 20 of 29

 


 

 

             

 

 

 

 

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

 

 

 

 

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

 

 

 

 

 

 

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.

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

Page 21 of 29

 


 

 

                       

 

 

 

 

 

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

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

Page 28 of 29

 


 

 

             

 

 

Defeased Loan Detail

 

 

 

 

 

Offering Document

Ending Scheduled

 

 

 

 

Loan Number

 

 

Maturity Date

Note Rate

Defeasance Status

 

 

Cross-Reference

Balance

 

 

 

 

 

300571101

33

7,641,340.39

2/6/24

5.230

Full Defeasance

 

28000454

43

6,487,446.03

4/6/24

5.256

Full Defeasance

 

28000467

45

5,954,560.02

5/6/24

4.665

Full Defeasance

 

28000476

48

5,575,337.08

5/6/24

5.250

Full Defeasance

 

790923352

54

5,385,743.79

5/1/24

4.790

Full Defeasance

 

410922738

61

4,492,008.93

10/1/23

4.930

Full Defeasance

 

300571104

75

2,473,811.98

5/6/24

5.390

Full Defeasance

 

28000466

79

1,988,506.52

5/6/24

4.682

Full Defeasance

 

410923629

81

1,928,094.37

1/1/24

5.140

Full Defeasance

 

 

 

 

 

Totals

 

41,926,849.11

 

 

 

 

 

 

 

Copyright 2020, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 29 of 29