EX-99.1 2 wcm16c32_ex991-201608.htm 991 EX‑99.1

 

Wells Fargo Bank, N.A.

Corporate Trust Services

8480 Stagecoach Circle

Frederick, MD 21701-4747

 

Wells Fargo Commercial Mortgage Trust 2016-C32

Commercial Mortgage Pass Through Certificates

Series 2016‑C32

 

For Additional Information, please contact

CTSLink Customer Service

1-866-846-4526

Reports Available www.ctslink.com

 

Payment Date: 8/17/16

Record Date: 7/29/16

Determination Date: 8/11/16

 

 

 

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 - 13

NOI Detail

14 - 17

Principal Prepayment Detail

18

Historical Detail

19

Delinquency Loan Detail

20

Specially Serviced Loan Detail

21 - 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

 

 

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

375 Park Avenue

2nd Floor, J0127-23

New York, NY 10152

Contact: Anthony.Sfarra@wellsfargo.com

Phone Number: (212) 214-5613

 

Master Servicer

Wells Fargo Bank, National Association

550 S. Tryon Street, 14th Floor

Charlotte, NC 28202

Contact: REAM_InvestorRelations@wellsfargo.com

Phone Number: (866) 898-1615

 

NCB Master & NCB Special Servicer

National Cooperative Bank, N.A.

2011 Crystal Drive

Suite 800

Arlington, VA 22202

Contact: Kathleen Luzik

Phone Number: (703) 302-1902

 

Special Servicer

Rialto Capital Advisors, LLC

730 NW 107th Avenue, Suite 400

Miami, FL 33172

Contact: Thekla Salzman

Phone Number: (305) 229-6465

 

Operating Advisor/Asset Representations Reviewer

Pentalpha Surveillance LLC

375 North French Road

Suite 100

Amherst, NY 14228

Contact: Don Simon

Phone Number: (203) 660-6100

 

 

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 2016, Wells Fargo Bank, N.A.

 

 

 

Certificate Distribution Detail

 

Class
(2)

CUSIP

Pass-Through
Rate

Original
Balance

Beginning
Balance

Principal
Distribution

Interest
Distribution

Prepayment
Penalties

Realized
Loss /
Additional
Trust Fund
Expenses

Total
Distribution

Ending
Balance

Current
Subordination
Level (1)

A‑1

94989YAW3

1.577000%

40,045,000.00

37,635,044.65

448,761.99

49,458.72

0.00

0.00

498,220.71

37,186,282.66

30.09%

A‑2

94989YAX1

2.696000%

45,913,000.00

45,913,000.00

0.00

103,151.21

0.00

0.00

103,151.21

45,913,000.00

30.09%

A‑3

94989YAY9

3.294000%

160,000,000.00

160,000,000.00

0.00

439,200.00

0.00

0.00

439,200.00

160,000,000.00

30.09%

A‑4

94989YAZ6

3.560000%

284,738,000.00

284,738,000.00

0.00

844,722.73

0.00

0.00

844,722.73

284,738,000.00

30.09%

A‑SB

94989YBA0

3.324000%

66,289,000.00

66,289,000.00

0.00

183,620.53

0.00

0.00

183,620.53

66,289,000.00

30.09%

A‑3FX

94989YBJ1

3.424000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

30.09%

A‑3FL

94989YBG7

1.901350%

75,000,000.00

75,000,000.00

0.00

130,717.81

0.00

0.00

130,717.81

75,000,000.00

30.09%

A‑S

94989YBB8

3.952000%

77,999,000.00

77,999,000.00

0.00

256,876.71

0.00

0.00

256,876.71

77,999,000.00

21.94%

B

94989YBE2

4.878222%

64,798,000.00

64,798,000.00

0.00

263,415.85

0.00

0.00

263,415.85

64,798,000.00

15.17%

C

94989YBF9

4.878222%

34,800,000.00

34,800,000.00

0.00

141,468.43

0.00

0.00

141,468.43

34,800,000.00

11.53%

D

94989YAJ2

3.788000%

38,399,000.00

38,399,000.00

0.00

121,212.84

0.00

0.00

121,212.84

38,399,000.00

7.52%

E

94989YAL7

2.955000%

23,999,000.00

23,999,000.00

0.00

59,097.54

0.00

0.00

59,097.54

23,999,000.00

5.01%

F

94989YAN3

2.955000%

12,000,000.00

12,000,000.00

0.00

29,550.00

0.00

0.00

29,550.00

12,000,000.00

3.76%

G

94989YAQ6

2.955000%

35,999,761.00

35,999,761.00

0.00

88,649.41

0.00

0.00

88,649.41

35,999,761.00

0.00%

V

94989YAS2

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

R

94989YAU7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

 

Totals

959,979,761.00

957,569,805.65

448,761.99

2,711,141.78

0.00

0.00

3,159,903.77

957,121,043.66

 

 

 

Class

CUSIP

Pass-
Through
Rate

Original
Notional
Amount

Beginning
Notional
Amount

Interest
Distribution

Prepayment
Penalties

Total
Distribution

Ending
Notional
Amount

X‑A

94989YBC6

1.521717%

749,984,000.00

747,574,044.65

947,996.75

0.00

947,996.75

747,125,282.66

X‑D

94989YAA1

1.090222%

38,399,000.00

38,399,000.00

34,886.19

0.00

34,886.19

38,399,000.00

X‑E

94989YAC7

1.923222%

23,999,000.00

23,999,000.00

38,462.83

0.00

38,462.83

23,999,000.00

X‑F

94989YAE3

1.923222%

12,000,000.00

12,000,000.00

19,232.22

0.00

19,232.22

12,000,000.00

X‑G

94989YAG8

1.923222%

35,999,761.00

35,999,761.00

57,696.27

0.00

57,696.27

35,999,761.00

 

(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).

 

 

 

 

Certificate Factor Detail

 

Class

CUSIP

Beginning
Balance

Principal
Distribution

Interest
Distribution

Prepayment
Penalties

Realized Loss/
Additional Trust
Fund Expenses

Ending
Balance

A‑1

94989YAW3

939.81882008

11.20644250

1.23507854

0.00000000

0.00000000

928.61237758

A‑2

94989YAX1

1,000.00000000

0.00000000

2.24666674

0.00000000

0.00000000

1,000.00000000

A‑3

94989YAY9

1,000.00000000

0.00000000

2.74500000

0.00000000

0.00000000

1,000.00000000

A‑4

94989YAZ6

1,000.00000000

0.00000000

2.96666665

0.00000000

0.00000000

1,000.00000000

A‑SB

94989YBA0

1,000.00000000

0.00000000

2.77000000

0.00000000

0.00000000

1,000.00000000

A‑3FX

94989YBJ1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A‑3FL

94989YBG7

1,000.00000000

0.00000000

1.74290413

0.00000000

0.00000000

1,000.00000000

A‑S

94989YBB8

1,000.00000000

0.00000000

3.29333338

0.00000000

0.00000000

1,000.00000000

B

94989YBE2

1,000.00000000

0.00000000

4.06518488

0.00000000

0.00000000

1,000.00000000

C

94989YBF9

1,000.00000000

0.00000000

4.06518477

0.00000000

0.00000000

1,000.00000000

D

94989YAJ2

1,000.00000000

0.00000000

3.15666658

0.00000000

0.00000000

1,000.00000000

E

94989YAL7

1,000.00000000

0.00000000

2.46250010

0.00000000

0.00000000

1,000.00000000

F

94989YAN3

1,000.00000000

0.00000000

2.46250000

0.00000000

0.00000000

1,000.00000000

G

94989YAQ6

1,000.00000000

0.00000000

2.46249996

0.00000000

0.00000000

1,000.00000000

V

94989YAS2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

94989YAU7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

 

 

Class

CUSIP

Beginning
Notional
Amount

Interest
Distribution

Prepayment
Penalties

Ending
Notional
Amount

X‑A

94989YBC6

996.78665765

1.26402263

0.00000000

996.18829556

X‑D

94989YAA1

1,000.00000000

0.90851819

0.00000000

1,000.00000000

X‑E

94989YAC7

1,000.00000000

1.60268470

0.00000000

1,000.00000000

X‑F

94989YAE3

1,000.00000000

1.60268500

0.00000000

1,000.00000000

X‑G

94989YAG8

1,000.00000000

1.60268481

0.00000000

1,000.00000000

 

 

 

 

 

 

Reconciliation Detail

 

Principal Reconciliation

 

Loan
Group

Stated Beginning
Principal
Balance

Unpaid Beginning Principal
Balance

Scheduled
Principal

Unscheduled
Principal

Principal
Adjustments

Realized
Loss

Stated Ending
Principal
Balance

Unpaid Ending
Principal
Balance

Current Principal Distribution
Amount

 

Total

957,569,805.65

957,710,040.90

448,761.99

0.00

0.00

0.00

957,121,043.66

957,121,043.65

448,761.99

 

 

 

 

Certificate Interest Reconciliation

 

Class

Accrual
Dates

Accrual
Days

Accrued
Certificate
Interest

Net Aggregate Prepayment
Interest
Shortfall

Distributable Certificate
Interest

Distributable Certificate
Interest
Adjustment

WAC
CAP
Shortfall

Additional
Trust Fund
Expenses

Interest
Distribution

Remaining Unpaid
Distributable
Certificate
Interest

A‑1

07/01/2016 - 07/30/2016

 30

49,458.72

0.00

49,458.72

0.00

0.00

0.00

49,458.72

0.00

A‑2

07/01/2016 - 07/30/2016

 30

103,151.21

0.00

103,151.21

0.00

0.00

0.00

103,151.21

0.00

A‑3

07/01/2016 - 07/30/2016

 30

439,200.00

0.00

439,200.00

0.00

0.00

0.00

439,200.00

0.00

A‑4

07/01/2016 - 07/30/2016

 30

844,722.73

0.00

844,722.73

0.00

0.00

0.00

844,722.73

0.00

A‑SB

07/01/2016 - 07/30/2016

 30

183,620.53

0.00

183,620.53

0.00

0.00

0.00

183,620.53

0.00

X‑A

07/01/2016 - 07/30/2016

 30

947,996.75

0.00

947,996.75

0.00

0.00

0.00

947,996.75

0.00

X‑D

07/01/2016 - 07/30/2016

 30

34,886.19

0.00

34,886.19

0.00

0.00

0.00

34,886.19

0.00

X‑E

07/01/2016 - 07/30/2016

 30

38,462.83

0.00

38,462.83

0.00

0.00

0.00

38,462.83

0.00

X‑F

07/01/2016 - 07/30/2016

 30

19,232.22

0.00

19,232.22

0.00

0.00

0.00

19,232.22

0.00

X‑G

07/01/2016 - 07/30/2016

 30

57,696.27

0.00

57,696.27

0.00

0.00

0.00

57,696.27

0.00

A‑3FX

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

A‑3FL

07/15/2016 - 08/16/2016

 33

130,717.81

0.00

130,717.81

0.00

0.00

0.00

130,717.81

0.00

A‑S

07/01/2016 - 07/30/2016

 30

256,876.71

0.00

256,876.71

0.00

0.00

0.00

256,876.71

0.00

B

07/01/2016 - 07/30/2016

 30

263,415.85

0.00

263,415.85

0.00

0.00

0.00

263,415.85

0.00

C

07/01/2016 - 07/30/2016

 30

141,468.43

0.00

141,468.43

0.00

0.00

0.00

141,468.43

0.00

D

07/01/2016 - 07/30/2016

 30

121,212.84

0.00

121,212.84

0.00

0.00

0.00

121,212.84

0.00

E

07/01/2016 - 07/30/2016

 30

59,097.54

0.00

59,097.54

0.00

0.00

0.00

59,097.54

0.00

F

07/01/2016 - 07/30/2016

 30

29,550.00

0.00

29,550.00

0.00

0.00

0.00

29,550.00

0.00

G

07/01/2016 - 07/30/2016

 30

88,649.41

0.00

88,649.41

0.00

0.00

0.00

88,649.41

0.00

 

Totals

3,809,416.04

0.00

3,809,416.04

0.00

0.00

0.00

3,809,416.04

0.00

 

 

 

Other Required Information

 

 

Available Distribution Amount (1)

4,258,178.03

 

 

Current 1 Month LIBOR Rate

0.48135%

Next 1 Month LIBOR Rate

0.50744%

 

 

 

Controlling Class Information

 

Controlling Class: G

    Effective as of: 02/18/2016

 

 

 

 

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

 

 

Appraisal Reduction Amount

Loan
Number

Loan
Group

Appraisal
Reduction
Amount

Cumulative
ASER
Amount

Date Appraisal
Reduction
Effected

None

 

Total

 

Cash Reconciliation Detail

 

 

Total Funds Collected

    Interest:

        Scheduled Interest

3,916,605.93

        Interest reductions due to Nonrecoverability Determinations

0.00

        Interest Adjustments

0.00

        Deferred Interest

0.00

        Net Prepayment Interest Shortfall

0.00

        Net Prepayment Interest Excess

0.00

        Extension Interest

0.00

        Interest Reserve Withdrawal

0.00

            Total Interest Collected

3,916,605.93

 

    Principal:

        Scheduled Principal

448,761.99

        Unscheduled Principal

0.00

            Principal Prepayments

0.00

            Collection of Principal after Maturity Date

0.00

            Recoveries from Liquidation and Insurance Proceeds

0.00

            Excess of Prior Principal Amounts paid

0.00

            Curtailments

0.00

        Negative Amortization

0.00

        Principal Adjustments

0.00

            Total Principal Collected

448,761.99

    Other:

        Prepayment Penalties/Yield Maintenance

0.00

        Repayment Fees

0.00

        Borrower Option Extension Fees

0.00

        Equity Payments Received

0.00

        Net Swap Counterparty Payments Received

0.00

            Total Other Collected:

0.00

Total Funds Collected

4,365,367.92

Total Funds Distributed

    Fees:

        Master Servicing Fee - Wells Fargo Bank, N.A. and National Cooperative Bank, N.A.

15,334.65

        Trustee Fee- Wilmington Trust, N.A.

210.00

        Certificate Administrator Fee - Wells Fargo Bank, N.A.

4,984.82

        CREFC Royalty License Fee

412.29

        Operating Advisor Fee - Pentalpha Surveillance LLC

2,267.58

        Asset Representations Reviewer Fee - Pentalpha Surveillance LLC

698.41

            Total Fees

23,907.75

 

    Additional Trust Fund Expenses:

        Reimbursement for Interest on Advances

0.00

        ASER Amount

0.00

        Special Servicing Fee

0.00

        Rating Agency Expenses

0.00

        Attorney Fees & Expenses

0.00

        Bankruptcy Expense

0.00

        Taxes Imposed on Trust Fund

0.00

        Non-Recoverable Advances

0.00

        Other Expenses

0.00

            Total Additional Trust Fund Expenses

0.00

    Interest Reserve Deposit

0.00

    Payments to Certificateholders & Others:

        Interest Distribution

3,809,416.04

        Principal Distribution

448,761.99

        Prepayment Penalties/Yield Maintenance

0.00

        Borrower Option Extension Fees

0.00

        Equity Payments Paid

0.00

        Net Swap Counterparty Payments Paid

83,282.19

            Total Payments to Certificateholders & Others

4,341,460.22

Total Funds Distributed

4,365,367.97

 

Current Mortgage Loan and Property Stratification Tables

Aggregate Pool

Property Type (3)

Property Type

# of
Props

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

Industrial

22

107,770,135.40

11.26

101

4.9144

1.651846

Lodging

9

155,001,699.54

16.19

102

5.0099

1.612381

Mixed Use

6

24,971,842.71

2.61

112

4.9688

1.501047

Mobile Home Park

7

19,825,978.73

2.07

112

5.2542

1.720216

Multi‑Family

37

182,314,530.22

19.05

112

4.3238

6.217809

Office

10

132,464,934.76

13.84

111

4.4483

1.801776

Other

1

20,833,363.36

2.18

113

5.1000

1.370000

Retail

45

253,669,558.94

26.50

112

4.8769

1.510882

Self Storage

15

60,269,000.00

6.30

112

4.8264

1.664925

Totals

152

957,121,043.66

100.00

109

4.7499

2.490750

 

Seasoning

Seasoning

# of
Loans

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

12 months or less

109

940,777,034.50

98.29

109

4.7487

2.505898

13 months to 24 months

3

16,344,009.16

1.71

106

4.8194

1.618825

25 months to 36 months

0

0.00

0.00

0

0.0000

0.000000

37 months to 48 months

0

0.00

0.00

0

0.0000

0.000000

49 months or greater

0

0.00

0.00

0

0.0000

0.000000

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

See footnotes on last page of this section.

 

State (3)

State

# of
Props

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

Alabama

1

3,699,734.03

0.39

111

5.0200

1.250000

Arizona

1

5,900,000.00

0.62

112

5.1800

1.320000

California

7

114,211,271.00

11.93

99

4.6809

1.690077

Colorado

1

3,600,000.00

0.38

111

4.9400

1.350000

Connecticut

1

1,376,433.92

0.14

110

4.8400

1.660000

Delaware

1

29,000,000.00

3.03

111

4.5500

1.817300

Florida

8

60,046,542.44

6.27

112

4.9612

1.422844

Georgia

2

17,053,880.43

1.78

113

4.8437

1.327289

Illinois

20

93,835,007.00

9.80

113

4.8037

1.627939

Indiana

14

56,724,310.49

5.93

112

5.0362

1.764927

Iowa

2

7,171,676.32

0.75

112

5.2244

1.342577

Kansas

1

21,000,000.00

2.19

109

4.6700

1.320000

Kentucky

2

12,861,168.77

1.34

113

4.9759

1.826992

Louisiana

2

23,118,254.26

2.42

113

5.1843

1.249080

Maryland

1

3,400,000.00

0.36

111

4.5800

1.460000

Massachusetts

1

1,450,000.00

0.15

112

4.8800

2.594200

Michigan

7

56,920,556.92

5.95

91

4.7805

1.939764

Nevada

2

17,568,252.35

1.84

113

4.7753

1.353328

New Jersey

4

49,679,550.37

5.19

111

4.7725

1.512663

New Mexico

1

21,075,000.00

2.20

112

4.8900

1.629300

New York

33

167,587,804.42

17.51

112

4.3707

6.577157

North Carolina

3

11,892,436.90

1.24

109

4.9970

1.846493

Ohio

3

10,240,999.32

1.07

112

4.9907

1.726621

Oklahoma

1

4,711,925.42

0.49

111

5.0200

1.250000

Oregon

1

5,480,890.29

0.57

113

5.0700

1.370000

Pennsylvania

3

9,910,000.00

1.04

111

4.8569

1.765392

South Carolina

2

10,867,985.25

1.14

113

5.3825

0.887520

Tennessee

1

9,500,000.00

0.99

111

4.6200

1.550000

Texas

17

111,568,513.11

11.66

112

4.7205

1.725193

Utah

1

4,200,000.00

0.44

112

4.9600

1.250000

Vermont

1

1,950,000.00

0.20

112

4.9800

1.718200

Washington,DC

1

3,438,504.35

0.36

113

4.6400

2.494700

Wisconsin

6

6,080,346.30

0.64

111

5.3963

1.444820

Totals

152

957,121,043.66

100.00

109

4.7499

2.490750

 

Scheduled Balance

Scheduled
Balance

# of
Loans

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

1,000,000 or less

1

982,494.86

0.10

111

3.9200

13.880000

1,000,001 to 2,000,000

23

37,525,819.86

3.92

112

4.5494

6.383844

2,000,001 to 3,000,000

8

20,510,057.86

2.14

112

4.6794

6.055250

3,000,001 to 4,000,000

21

75,760,478.49

7.92

112

4.4853

5.396197

4,000,001 to 5,000,000

14

63,140,583.74

6.60

112

4.7664

3.306895

5,000,001 to 6,000,000

8

43,961,554.05

4.59

112

4.9135

2.243863

6,000,001 to 7,000,000

3

19,429,473.95

2.03

112

4.2683

6.198481

7,000,001 to 8,000,000

3

22,417,922.95

2.34

110

4.8142

1.670530

8,000,001 to 9,000,000

5

42,356,748.34

4.43

112

5.0035

1.380458

9,000,001 to 10,000,000

3

28,226,000.00

2.95

112

4.7207

1.578483

10,000,001 to 15,000,000

4

47,732,798.69

4.99

111

4.6216

2.604837

15,000,001 to 20,000,000

8

137,629,484.22

14.38

104

4.8965

1.610938

20,000,001 to 30,000,000

6

146,722,626.65

15.33

102

4.8167

1.694506

30,000,001 to 50,000,000

3

130,400,000.00

13.62

112

4.6369

1.609991

50,000,001 to 80,000,000

1

59,000,000.00

6.16

111

5.1200

1.370000

80,000,001 or greater

1

81,325,000.00

8.50

112

4.6100

1.770000

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

 

Anticipated Remaining Term (ARD and Balloon Loans)

Anticipated
Remaining Term (2)

# of
Loans

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

60 months or less

2

44,814,263.29

4.68

52

5.0317

2.077896

61 months or greater

110

912,306,780.37

95.32

112

4.7360

2.511030

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

 

Note Rate

Note Rate

# of
Loans

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

3.750% or less

2

10,369,207.87

1.08

112

3.7081

12.832511

3.751% to 4.000%

23

82,767,964.12

8.65

112

3.9014

9.175771

4.001% to 4.250%

6

59,661,730.96

6.23

112

4.0680

3.668626

4.251% to 4.500%

2

47,965,034.00

5.01

113

4.4450

1.951637

4.501% to 4.750%

18

268,191,246.54

28.02

107

4.6301

1.754300

4.751% to 5.000%

27

178,999,508.60

18.70

112

4.9064

1.538229

5.001% to 5.250%

23

227,884,712.60

23.81

112

5.1377

1.385601

5.251% to 5.750%

10

79,360,942.49

8.29

94

5.3774

1.444104

5.751% or greater

1

1,920,696.48

0.20

113

5.9200

1.430000

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

See footnotes on last page of this section.

 

Remaining Amortization Term (ARD and Balloon Loans)

Remaining
Amortization Term

# of
Loans

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

Interest Only

4

149,325,000.00

15.60

112

4.5938

1.876110

180 months or less

1

17,965,034.00

1.88

113

4.4700

1.420000

181 months to 240 months

3

8,673,833.87

0.91

112

4.5872

2.807425

241 months to 300 months

10

89,613,304.26

9.36

111

5.0162

1.852493

301 months to 420 months

89

676,447,248.83

70.68

108

4.7774

2.502380

421 months or greater

5

15,096,622.70

1.58

112

3.9047

12.930144

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

 

Debt Service Coverage Ratio (1)

Debt Service
Coverage Ratio

# of
Loans

Scheduled
Balance

% of Agg. Bal.

WAM
(2)

WAC

Weighted Avg DSCR (3)

1.20 or less

3

12,936,237.60

1.35

113

5.3277

0.918054

1.21 to 1.30

12

127,635,378.20

13.34

113

5.0973

1.257864

1.31 to 1.40

15

187,094,941.90

19.55

111

4.9781

1.359684

1.41 to 1.50

13

92,189,023.19

9.63

96

5.0314

1.465683

1.51 to 1.60

9

82,985,094.14

8.67

112

4.8603

1.551222

1.61 to 1.70

5

33,773,728.96

3.53

111

4.9420

1.637909

1.71 to 1.80

6

118,220,778.62

12.35

112

4.7262

1.760123

1.81 to 1.90

7

65,467,204.89

6.84

111

4.7079

1.839692

1.91 to 2.00

3

57,483,053.30

6.01

111

4.1706

1.955124

2.01 to 3.00

9

76,536,699.91

8.00

96

4.6248

2.399634

3.01 to 3.50

1

6,910,967.29

0.72

111

3.9900

3.320000

3.51 to 4.00

1

3,314,633.04

0.35

111

3.7600

3.930000

4.01 or greater

28

92,573,302.62

9.67

112

3.8945

10.558428

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

 

Age of Most Recent NOI

Age of Most
Recent NOI

# of
Loans

Scheduled
Balance

% of Agg.
Bal.

WAM
(2)

WAC

Weighted Avg
DSCR (3)

Underwriter's Information

80

707,672,784.35

73.94

110

4.7053

2.763672

12 months or less

32

249,448,259.31

26.06

107

4.8762

1.716482

13 to 24 months

0

0.00

0.00

0

0.0000

0.000000

25 months or greater

0

0.00

0.00

0

0.0000

0.000000

Totals

112

957,121,043.66

100.00

109

4.7499

2.490750

(1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. As NCF DSCRs are reported in the Loan Periodic File, the most current NCF DSCR is used in the stratification section of this report. If no updated NCF DSCRs are reported, the most current NOI DSCR is used. If no updated DSCR information is provided, then information from the offering document is used. If the DSCRs reported by the Master Servicer are based on a period of less than 12 months, they are normalized based on the Most Recent Financial as of Start and End Dates reported in the Loan Periodic File. The DSCR 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) 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.

 

Mortgage Loan Detail

Loan
Number

ODCR

Property
Type (1)

City

State

Interest
Payment

Principal
Payment

Gross
Coupon

Anticipated
Repayment
Date

Maturity
Date

Neg.
Amort
(Y/N)

Beginning
Scheduled
Balance

Ending
Scheduled
Balance

Paid
Thru
Date

Appraisal
Reduction
Date

Appraisal
Reduction
Amount

Res.
Strat.
(2)

Mod.
Code
(3)

310932349

1

 RT

 Various

 TX

322,837.66

0.00

4.610%

N/A

12/11/25

N

81,325,000.00

81,325,000.00

8/11/16

 

                

 

 

300571462

2

 LO

 Melville

 NY

260,124.44

0.00

5.120%

N/A

11/6/25

N

59,000,000.00

59,000,000.00

8/6/16

 

                

 

 

310932160

3

 OF

 Redwood City

 CA

175,236.11

0.00

4.070%

N/A

12/11/25

N

50,000,000.00

50,000,000.00

8/11/16

 

                

 

 

310932458

4

 IN

 Various

 Various

198,298.39

0.00

5.210%

N/A

1/11/26

N

44,200,000.00

44,200,000.00

8/11/16

 

                

 

 

310931549

5

 IN

 Newark

 NJ

147,132.89

0.00

4.720%

N/A

12/11/25

N

36,200,000.00

36,200,000.00

8/11/16

 

                

 

 

310933274

6

 OF

 Chicago

 IL

114,441.67

0.00

4.430%

N/A

1/11/26

N

30,000,000.00

30,000,000.00

8/11/16

 

                

 

 

300571444

7

 LO

 Newark

 DE

113,623.61

0.00

4.550%

N/A

11/6/25

N

29,000,000.00

29,000,000.00

8/6/16

 

                

 

 

305410008

8

 LO

 Redwood City

 CA

115,929.27

24,765.70

5.420%

N/A

1/5/21

N

24,839,028.99

24,814,263.29

8/5/16

 

                

 

 

310931304

9

 RT

 Albuquerque

 NM

88,743.31

0.00

4.890%

N/A

12/11/25

N

21,075,000.00

21,075,000.00

8/11/16

 

                

 

 

310929526

10

 OF

 Lenexa

 KS

84,449.17

0.00

4.670%

N/A

9/11/25

N

21,000,000.00

21,000,000.00

8/11/16

 

                

 

 

300571480

11

 OT

 Orlando

 FL

91,591.68

22,427.77

5.100%

N/A

1/6/26

N

20,855,791.13

20,833,363.36

8/6/16

 

                

 

 

600929356

12

 IN

 Romulus

 MI

78,361.11

0.00

4.550%

N/A

10/11/20

N

20,000,000.00

20,000,000.00

8/11/16

 

                

 

 

416000224

13

 RT

 Metairie

 LA

85,008.22

20,374.84

5.150%

N/A

1/1/26

N

19,168,781.63

19,148,406.79

8/1/16

 

                

 

 

416000121

14

 MF

 Grand Rapids

 MI

78,776.23

20,309.77

4.980%

N/A

1/1/26

N

18,369,893.58

18,349,583.81

8/1/16

 

                

 

 

470097610

15

 MF

 Chicago

 IL

69,150.41

0.00

4.470%

N/A

1/1/26

N

17,965,034.00

17,965,034.00

8/1/16

 

                

 

 

305410016

16

 Various

 Various

 IN

72,943.99

16,398.98

5.300%

N/A

1/1/26

N

15,982,858.60

15,966,459.62

8/1/16

 

                

 

 

310932190

17

 RT

 Reno

 NV

63,265.83

0.00

4.740%

N/A

1/11/26

N

15,500,000.00

15,500,000.00

8/11/16

 

                

 

 

300571470

18

 MF

 McDonough

 GA

64,333.61

0.00

4.820%

N/A

1/6/26

N

15,500,000.00

15,500,000.00

8/6/16

 

                

 

 

305410019

19

 MF

 Indianapolis

 IN

68,716.67

0.00

5.250%

N/A

1/1/26

N

15,200,000.00

15,200,000.00

8/1/16

 

                

 

 

470096010

20

 MF

 New York

 NY

45,393.76

18,668.77

3.950%

N/A

11/1/25

N

13,345,655.28

13,326,986.51

8/1/16

 

                

 

 

310931266

21

 LO

 Ontario

 CA

52,291.93

14,273.63

4.860%

N/A

12/11/25

N

12,495,085.81

12,480,812.18

8/11/16

 

                

 

 

310929990

22

 SS

 Boca Raton

 FL

46,071.17

0.00

4.820%

N/A

12/11/25

N

11,100,000.00

11,100,000.00

8/11/16

 

                

 

 

305410023

23

 SS

 Various

 Various

46,327.99

0.00

4.970%

N/A

11/6/25

N

10,825,000.00

10,825,000.00

8/6/16

 

                

 

 

300571456

24

 RT

 Madison

 TN

37,794.17

0.00

4.620%

N/A

11/6/25

N

9,500,000.00

9,500,000.00

8/6/16

 

                

 

 

305410025

25

 SS

 Various

 Various

37,205.86

0.00

4.550%

N/A

11/1/25

N

9,496,000.00

9,496,000.00

8/1/16

 

                

 

 

310931907

26

 OF

 Petaluma

 CA

39,740.28

0.00

5.000%

N/A

1/11/26

N

9,230,000.00

9,230,000.00

8/11/16

 

                

 

 

416000223

27

 RT

 Greenville

 SC

41,734.04

8,802.66

5.450%

N/A

1/1/26

N

8,892,722.78

8,883,920.12

8/1/16

 

                

 

 

600931465

28

 RT

 Loxahatchee

 FL

34,328.19

0.00

4.690%

N/A

11/11/25

N

8,500,000.00

8,500,000.00

8/11/16

 

                

 

 

416000221

29

 LO

 Hebron

 KY

36,340.86

9,288.98

5.000%

N/A

1/1/26

N

8,440,457.75

8,431,168.77

8/1/16

 

                

 

 

300571461

30

 RT

 Various

 Various

36,402.07

9,331.72

5.020%

N/A

11/6/25

N

8,420,991.17

8,411,659.45

8/6/16

 

                

 

 

300571443

31

 SS

 Philadelphia

 PA

33,814.02

0.00

4.830%

N/A

11/6/25

N

8,130,000.00

8,130,000.00

8/6/16

 

                

 

 

479064000

32

 OF

 Burlington

 NJ

32,028.81

8,837.15

4.900%

N/A

7/1/25

N

7,590,763.66

7,581,926.51

8/1/16

 

                

 

 

310932012

33

 LO

 Carmel

 IN

29,538.08

12,704.70

4.630%

N/A

12/11/25

N

7,408,701.14

7,395,996.44

8/11/16

 

                

 

 

410930395

34

 RT

 San Bernardino

 CA

31,456.73

0.00

4.910%

N/A

12/11/25

N

7,440,000.00

7,440,000.00

8/11/16

 

                

 

 

470096640

35

 MF

 Long Beach

 NY

23,777.92

9,600.81

3.990%

N/A

11/1/25

N

6,920,568.10

6,910,967.29

8/1/16

 

                

 

 

470097560

36

 MF

 New York

 NY

20,772.81

9,329.70

3.750%

N/A

12/1/25

N

6,432,871.71

6,423,542.01

8/1/16

 

                

 

 

300571469

37

 MF

 Jacksonville

 FL

26,953.45

6,551.42

5.130%

N/A

12/6/25

N

6,101,516.07

6,094,964.65

8/6/16

 

                

 

 

305410038

38

 MU

 Newark

 CA

26,244.36

6,406.40

5.120%

N/A

12/5/25

N

5,952,601.93

5,946,195.53

8/5/16

 

                

 

 

300571471

39

 RT

 Scottsdale

 AZ

26,317.28

0.00

5.180%

N/A

12/6/25

N

5,900,000.00

5,900,000.00

8/6/16

 

                

 

 

600931770

40

 MU

 Royal Oak

 MI

23,523.05

6,852.43

4.710%

N/A

12/11/25

N

5,799,808.01

5,792,955.58

8/11/16

 

                

 

 

410932854

41

 MU

 Portland

 OR

23,954.59

5,941.62

5.070%

N/A

1/11/26

N

5,486,831.91

5,480,890.29

8/11/16

 

                

 

 

300571467

42

 RT

 Missouri City

 TX

22,363.06

0.00

4.900%

N/A

12/6/25

N

5,300,000.00

5,300,000.00

8/6/16

 

                

 

 

310931720

43

 RT

 Waterloo

 IA

22,497.80

5,856.65

4.970%

12/11/25

12/11/35

N

5,256,836.49

5,250,979.84

8/11/16

 

                

 

 

470097410

44

 MF

 White Plains

 NY

17,154.03

7,283.43

3.870%

N/A

12/1/25

N

5,147,496.94

5,140,213.51

8/1/16

 

                

 

 

300571455

45

 RT

 Various

 WI

24,106.31

5,190.74

5.430%

N/A

11/6/25

N

5,155,510.04

5,150,319.30

8/6/16

 

                

 

 

416000227

46

 RT

 Hilliard

 OH

22,625.83

5,108.36

5.290%

N/A

1/1/26

N

4,966,947.74

4,961,839.38

8/1/16

 

                

 

 

305410047

47

 LO

 Hickory

 NC

20,807.05

8,247.93

4.940%

N/A

6/1/25

N

4,891,301.23

4,883,053.30

8/1/16

 

                

 

 

300571473

48

 LO

 Round Rock

 TX

20,830.10

5,172.53

5.080%

N/A

12/6/25

N

4,761,771.14

4,756,598.61

8/6/16

 

                

 

 

470097540

49

 MF

 New York

 NY

15,610.01

6,658.38

3.850%

N/A

1/1/26

N

4,708,507.82

4,701,849.44

8/1/16

 

                

 

 

300571457

50

 MH

 Moyock

 NC

20,398.00

0.00

5.040%

N/A

11/6/25

N

4,700,000.00

4,700,000.00

8/6/16

 

                

 

 

300571465

51

 MH

 Greenwood

 IN

21,389.76

6,888.28

5.400%

N/A

12/6/25

N

4,599,948.33

4,593,060.05

8/6/16

 

                

 

 

470097060

52

 MF

 Forest Hills

 NY

14,778.82

3,583.11

3.840%

N/A

11/1/25

N

4,469,400.12

4,465,817.01

8/1/16

 

                

 

 

470096270

53

 MF

 Brooklyn

 NY

14,590.49

6,403.22

3.810%

N/A

11/1/25

N

4,447,188.75

4,440,785.53

8/1/16

 

                

 

 

470097470

54

 MF

 New York

 NY

14,777.02

6,186.73

3.890%

N/A

1/1/26

N

4,411,416.66

4,405,229.93

8/1/16

 

                

 

 

300571477

55

 SS

 Louisville

 KY

18,806.58

0.00

4.930%

N/A

1/6/26

N

4,430,000.00

4,430,000.00

8/6/16

 

                

 

 

416000226

56

 IN

 Camarillo

 CA

19,661.75

0.00

5.310%

N/A

1/1/26

N

4,300,000.00

4,300,000.00

8/1/16

 

                

 

 

300571446

57

 LO

 Austin

 TX

19,562.31

6,459.65

5.350%

N/A

11/6/25

N

4,246,266.60

4,239,806.95

8/6/16

 

                

 

 

410931878

58

 SS

 South Jordan

 UT

17,938.67

0.00

4.960%

N/A

12/11/25

N

4,200,000.00

4,200,000.00

8/11/16

 

                

 

 

300571472

59

 MH

 Various

 Various

17,615.81

4,469.11

5.030%

N/A

12/6/25

N

4,067,012.65

4,062,543.54

8/6/16

 

                

 

 

416000225

60

 RT

 Marrero

 LA

18,307.43

4,029.12

5.350%

N/A

1/1/26

N

3,973,876.59

3,969,847.47

8/1/16

 

                

 

 

300571478

61

 RT

 Rochester

 NY

17,790.55

4,173.89

5.200%

N/A

1/6/26

N

3,973,075.36

3,968,901.47

8/6/16

 

                

 

 

470096840

62

 MF

 Yonkers

 NY

13,490.15

7,557.12

3.970%

N/A

12/1/25

N

3,946,090.06

3,938,532.94

8/1/16

 

                

 

 

470096820

63

 MF

 Flushing

 NY

13,793.48

5,418.61

4.050%

N/A

11/1/25

N

3,955,120.23

3,949,701.62

8/1/16

 

                

 

 

470097120

64

 MF

 New York

 NY

12,385.93

5,889.91

3.640%

N/A

11/1/25

N

3,951,555.77

3,945,665.86

8/1/16

 

                

 

 

410927412

65

 RT

 Indianapolis

 IN

15,697.28

4,653.14

4.670%

N/A

12/11/25

N

3,903,447.52

3,898,794.38

8/11/16

 

                

 

 

479063200

66

 OF

 Houston

 TX

15,083.88

4,953.67

4.510%

N/A

6/1/25

N

3,883,983.02

3,879,029.35

8/1/16

 

                

 

 

470097650

67

 MF

 Hartsdale

 NY

12,274.09

5,284.81

3.840%

N/A

12/1/25

N

3,711,922.21

3,706,637.40

8/1/16

 

                

 

 

305410068

68

 SS

 Brownsburg; Pittsboro

 IN

14,496.81

0.00

4.550%

N/A

11/1/25

N

3,700,000.00

3,700,000.00

8/1/16

 

                

 

 

479066900

69

 RT

 San Antonio

 TX

15,978.95

0.00

5.070%

N/A

1/1/26

N

3,660,000.00

3,660,000.00

8/1/16

 

                

 

 

300571459

70

 RT

 Lafayette

 CO

15,314.00

0.00

4.940%

N/A

11/6/25

N

3,600,000.00

3,600,000.00

8/6/16

 

                

 

 

470097390

71

 MF

 New Rochelle

 NY

12,109.08

4,953.58

3.940%

N/A

1/1/26

N

3,569,076.31

3,564,122.73

8/1/16

 

                

 

 

600931600

72

 MU

 Ann Arbor

 MI

14,506.71

4,207.55

4.720%

N/A

12/11/25

N

3,569,173.99

3,564,966.44

8/11/16

 

                

 

 

470097260

73

 MF

 Jackson Heights

 NY

11,716.11

2,716.44

3.910%

N/A

12/1/25

N

3,479,744.86

3,477,028.42

8/1/16

 

                

 

 

410931846

74

 MF

 Washington

 DC

13,773.24

8,634.86

4.640%

N/A

1/11/26

N

3,447,139.21

3,438,504.35

8/11/16

 

                

 

 

305410075

75

 RT

 Bradenton

 FL

14,671.13

3,946.88

4.920%

N/A

10/1/25

N

3,462,895.49

3,458,948.61

8/1/16

 

                

 

 

479065800

76

 OF

 Columbia

 MD

13,409.22

0.00

4.580%

N/A

11/1/25

N

3,400,000.00

3,400,000.00

8/1/16

 

                

 

 

470097080

77

 MF

 Mount Kisco

 NY

10,762.52

9,413.38

3.760%

N/A

11/1/25

N

3,324,046.42

3,314,633.04

8/1/16

 

                

 

 

305410078

78

 RT

 Algonac

 MI

14,370.26

3,300.26

5.250%

N/A

1/1/26

N

3,178,675.49

3,175,375.23

8/1/16

 

                

 

 

470097280

79

 MF

 Forest Hills

 NY

10,377.12

2,405.99

3.910%

N/A

12/1/25

N

3,082,059.77

3,079,653.78

8/1/16

 

                

 

 

410932031

80

 IN

 Troy

 MI

12,625.30

3,583.16

4.770%

N/A

12/11/25

N

3,073,718.56

3,070,135.40

8/11/16

 

                

 

 

470097690

81

 MF

 Bronx

 NY

10,024.33

2,327.89

3.900%

N/A

1/1/26

N

2,984,913.16

2,982,585.27

8/1/16

 

                

 

 

416000219

82

 MF

 Clinton Township

 MI

12,331.24

3,445.01

4.820%

N/A

11/1/25

N

2,970,985.47

2,967,540.46

8/1/16

 

                

 

 

470095950

83

 MF

 New York

 NY

9,246.74

3,927.91

3.880%

N/A

11/1/25

N

2,767,565.61

2,763,637.70

8/1/16

 

                

 

 

410927042

84

 RT

 Bolingbrook

 IL

10,433.22

0.00

4.660%

N/A

11/11/25

N

2,600,000.00

2,600,000.00

8/11/16

 

                

 

 

305410085

85

 MH

 La Porte

 TX

11,592.93

2,476.57

5.420%

N/A

1/1/26

N

2,483,902.88

2,481,426.31

8/1/16

 

                

 

 

600928820

86

 OF

 Spring

 TX

10,461.12

0.00

5.020%

N/A

1/11/26

N

2,420,000.00

2,420,000.00

8/11/16

 

                

 

 

300571460

87

 RT

 Houston

 TX

9,635.84

2,470.16

5.020%

N/A

11/6/25

N

2,229,085.93

2,226,615.77

8/6/16

 

                

 

 

610932433

88

 MH

 Boulder City

 NV

8,986.01

2,257.75

5.040%

N/A

1/11/26

N

2,070,510.10

2,068,252.35

8/11/16

 

                

 

 

600931981

89

 RT

 Charleston

 SC

8,688.57

2,145.86

5.080%

N/A

1/11/26

N

1,986,210.99

1,984,065.13

8/11/16

 

                

 

 

470097770

90

 MF

 Brooklyn

 NY

6,563.36

2,812.80

3.850%

N/A

12/1/25

N

1,979,730.15

1,976,917.35

8/1/16

 

                

 

 

300571463

91

 SS

 Middlebury

 VT

8,362.25

0.00

4.980%

N/A

12/6/25

N

1,950,000.00

1,950,000.00

8/6/16

 

                

 

 

305410092

92

 MH

 West Burlington

 IA

9,812.02

4,068.54

5.920%

N/A

1/1/26

N

1,924,765.02

1,920,696.48

8/1/16

 

                

 

 

410931892

93

 RT

 Egg Harbor Township

 NJ

8,048.20

3,181.54

4.850%

N/A

12/11/25

N

1,927,071.22

1,923,889.68

8/11/16

 

                

 

 

305410094

94

 SS

 Dade City

 FL

8,197.95

0.00

4.920%

N/A

12/1/25

N

1,935,000.00

1,935,000.00

8/1/16

 

                

 

 

300571474

95

 MU

 Amsterdam

 NY

7,914.47

0.00

5.050%

N/A

1/6/26

N

1,820,000.00

1,820,000.00

8/6/16

 

                

 

 

470096560

96

 MF

 Bronx

 NY

6,277.50

0.00

4.050%

N/A

11/1/25

N

1,800,000.00

1,800,000.00

8/1/16

 

                

 

 

470098040

97

 MF

 Great Neck

 NY

6,116.40

2,456.33

3.980%

N/A

1/1/26

N

1,784,653.42

1,782,197.09

8/1/16

 

                

 

 

470097000

98

 MF

 Rockville Centre

 NY

6,052.50

2,489.17

3.950%

N/A

11/1/25

N

1,779,420.71

1,776,931.54

8/1/16

 

                

 

 

300571466

99

 SS

 Upper Darby

 PA

7,633.23

0.00

4.980%

N/A

12/6/25

N

1,780,000.00

1,780,000.00

8/6/16

 

                

 

 

470097910

100

 MF

 Brooklyn

 NY

5,703.57

2,344.04

3.930%

N/A

1/1/26

N

1,685,369.82

1,683,025.78

8/1/16

 

                

 

 

470096710

101

 MF

 Flushing

 NY

5,705.95

2,219.04

4.050%

N/A

1/1/26

N

1,636,115.80

1,633,896.76

8/1/16

 

                

 

 

470095470

102

 MF

 Brooklyn

 NY

5,388.10

2,204.50

3.950%

N/A

12/1/25

N

1,584,088.09

1,581,883.59

8/1/16

 

                

 

 

305410103

103

 RT

 Warner Robins

 GA

6,804.80

1,700.23

5.080%

N/A

11/1/25

N

1,555,580.66

1,553,880.43

8/1/16

 

                

 

 

470097290

104

 MF

 East Hampton

 NY

4,883.88

2,122.57

3.820%

N/A

12/1/25

N

1,484,711.37

1,482,588.80

8/1/16

 

                

 

 

300571464

105

 SS

 Salisbury

 MA

6,093.22

0.00

4.880%

N/A

12/6/25

N

1,450,000.00

1,450,000.00

8/6/16

 

                

 

 

479064900

106

 RT

 Norwalk

 CT

5,746.29

2,307.99

4.840%

N/A

10/1/25

N

1,378,741.91

1,376,433.92

8/1/16

 

                

 

 

470096780

107

 MF

 Mamaroneck

 NY

4,337.77

1,808.82

3.920%

N/A

11/1/25

N

1,285,053.43

1,283,244.61

8/1/16

 

                

 

 

479064500

108

 RT

 Corpus Christi

 TX

5,266.62

2,159.87

4.770%

N/A

11/1/25

N

1,282,195.99

1,280,036.12

8/1/16

 

                

 

 

305410109

109

 SS

 Palm Bay

 FL

5,535.78

0.00

5.050%

N/A

11/1/25

N

1,273,000.00

1,273,000.00

8/1/16

 

                

 

 

470097510

110

 MF

 Garden City

 NY

4,113.24

1,629.59

4.020%

N/A

12/1/25

N

1,188,223.95

1,186,594.36

8/1/16

 

                

 

 

470095080

111

 MF

 New York

 NY

3,903.58

796.89

4.150%

N/A

10/1/25

N

1,092,335.11

1,091,538.22

8/1/16

 

                

 

 

470097100

112

 MF

 Bronxville

 NY

3,322.92

1,911.38

3.920%

N/A

11/1/25

N

984,406.24

982,494.86

8/1/16

 

                

 

 

Totals

3,916,605.93

448,761.99

957,569,805.65

957,121,043.66

0.00

See footnotes on last page of this section.

 

(1) Property Type Code

MF - Multi-Family

RT - Retail

HC - Health Care

IN - Industrial

WH - Warehouse

MH - Mobile Home Park

OF - Office

MU - Mixed Use

LO - Lodging

SS - Self Storage

OT - Other

IW - Industrial/warehouse

(2) Resolution Strategy Code

1 - Modification

2 - Foreclosure

3 - Bankruptcy

4 - Extension

5 - Note Sale

6 - DPO

7 - REO

8 - Resolved

9 - Pending Return to Master Servicer

10 - Deed In Lieu Of Foreclosure

11 - Full Payoff

12 - Reps and Warranties

13 - Other or TBD

(3) Modification Code

1 - Maturity Date Extension

2 - Amortization Change

3 - Principal Write-Off

4 - Blank

5 - Temporary Rate Reduction

6 - Capitalization of Interest

7 - Capitalization of Taxes

8 - Other

9 - Combination

 

NOI Detail

Loan
Number

ODCR

Property
Type

City

State

Ending
Scheduled
Balance

Most Recent
Fiscal NOI (1)

Most Recent
NOI (1)

Most Recent
NOI
Start Date

Most Recent
NOI
End Date

310932349

1

 Retail

 Various

 TX

81,325,000.00

 0.00

 0.00

 

300571462

2

 Lodging

 Melville

 NY

59,000,000.00

 0.00

 0.00

 

310932160

3

 Office

 Redwood City

 CA

50,000,000.00

 0.00

 0.00

 

310932458

4

 Industrial

 Various

 Various

44,200,000.00

 0.00

 0.00

 

310931549

5

 Industrial

 Newark

 NJ

36,200,000.00

 0.00

 1,466,187.00

 1/1/16

6/30/16

310933274

6

 Office

 Chicago

 IL

30,000,000.00

 0.00

 0.00

 

300571444

7

 Lodging

 Newark

 DE

29,000,000.00

 0.00

 1,504,521.00

 1/1/16

6/30/16

305410008

8

 Lodging

 Redwood City

 CA

24,814,263.29

 0.00

 0.00

 

310931304

9

 Retail

 Albuquerque

 NM

21,075,000.00

 0.00

 948,424.00

 1/1/16

6/30/16

310929526

10

 Office

 Lenexa

 KS

21,000,000.00

 0.00

 0.00

 

300571480

11

 Other

 Orlando

 FL

20,833,363.36

 0.00

 0.00

 

600929356

12

 Industrial

 Romulus

 MI

20,000,000.00

 0.00

 1,548,998.00

 1/1/16

6/30/16

416000224

13

 Retail

 Metairie

 LA

19,148,406.79

 0.00

 845,295.00

 1/1/16

6/30/16

416000121

14

 Multi‑Family

 Grand Rapids

 MI

18,349,583.81

 0.00

 0.00

 

470097610

15

 Multi‑Family

 Chicago

 IL

17,965,034.00

 0.00

 0.00

 

305410016

16

 Various

 Various

 IN

15,966,459.62

 0.00

 0.00

 

310932190

17

 Retail

 Reno

 NV

15,500,000.00

 0.00

 0.00

 

300571470

18

 Multi‑Family

 McDonough

 GA

15,500,000.00

 0.00

 0.00

 

305410019

19

 Multi‑Family

 Indianapolis

 IN

15,200,000.00

 0.00

 743,291.00

 1/1/16

6/30/16

470096010

20

 Multi‑Family

 New York

 NY

13,326,986.51

 0.00

 0.00

 

310931266

21

 Lodging

 Ontario

 CA

12,480,812.18

 0.00

 0.00

 

310929990

22

 Self Storage

 Boca Raton

 FL

11,100,000.00

 0.00

 415,821.00

 1/1/16

6/30/16

305410023

23

 Self Storage

 Various

 Various

10,825,000.00

 0.00

 0.00

 

300571456

24

 Retail

 Madison

 TN

9,500,000.00

 0.00

 0.00

 

305410025

25

 Self Storage

 Various

 Various

9,496,000.00

 0.00

 424,754.00

 1/1/16

6/30/16

310931907

26

 Office

 Petaluma

 CA

9,230,000.00

 0.00

 0.00

 

416000223

27

 Retail

 Greenville

 SC

8,883,920.12

 555,166.00

 0.00

 

600931465

28

 Retail

 Loxahatchee

 FL

8,500,000.00

 0.00

 0.00

 

416000221

29

 Lodging

 Hebron

 KY

8,431,168.77

 0.00

 0.00

 

300571461

30

 Retail

 Various

 Various

8,411,659.45

 0.00

 0.00

 

300571443

31

 Self Storage

 Philadelphia

 PA

8,130,000.00

 0.00

 474,794.00

 1/1/16

6/30/16

479064000

32

 Office

 Burlington

 NJ

7,581,926.51

 0.00

 0.00

 

310932012

33

 Lodging

 Carmel

 IN

7,395,996.44

 0.00

 0.00

 

410930395

34

 Retail

 San Bernardino

 CA

7,440,000.00

 0.00

 0.00

 

470096640

35

 Multi‑Family

 Long Beach

 NY

6,910,967.29

 0.00

 0.00

 

470097560

36

 Multi‑Family

 New York

 NY

6,423,542.01

 0.00

 0.00

 

300571469

37

 Multi‑Family

 Jacksonville

 FL

6,094,964.65

 0.00

 312,610.00

 1/1/16

6/30/16

305410038

38

 Mixed Use

 Newark

 CA

5,946,195.53

 0.00

 0.00

 

300571471

39

 Retail

 Scottsdale

 AZ

5,900,000.00

 0.00

 0.00

 

600931770

40

 Mixed Use

 Royal Oak

 MI

5,792,955.58

 0.00

 0.00

 

410932854

41

 Mixed Use

 Portland

 OR

5,480,890.29

 0.00

 0.00

 

300571467

42

 Retail

 Missouri City

 TX

5,300,000.00

 0.00

 0.00

 

310931720

43

 Retail

 Waterloo

 IA

5,250,979.84

 0.00

 234,161.00

 1/1/16

6/30/16

470097410

44

 Multi‑Family

 White Plains

 NY

5,140,213.51

 0.00

 0.00

 

300571455

45

 Retail

 Various

 WI

5,150,319.30

 0.00

 0.00

 

416000227

46

 Retail

 Hilliard

 OH

4,961,839.38

 0.00

 306,129.00

 1/1/16

6/30/16

305410047

47

 Lodging

 Hickory

 NC

4,883,053.30

 0.00

 0.00

 

300571473

48

 Lodging

 Round Rock

 TX

4,756,598.61

 0.00

 0.00

 

470097540

49

 Multi‑Family

 New York

 NY

4,701,849.44

 0.00

 0.00

 

300571457

50

 Mobile Home Park

 Moyock

 NC

4,700,000.00

 0.00

 231,448.00

 1/1/16

6/30/16

300571465

51

 Mobile Home Park

 Greenwood

 IN

4,593,060.05

 0.00

 368,976.00

 1/1/16

6/30/16

470097060

52

 Multi‑Family

 Forest Hills

 NY

4,465,817.01

 0.00

 0.00

 

470096270

53

 Multi‑Family

 Brooklyn

 NY

4,440,785.53

 0.00

 0.00

 

470097470

54

 Multi‑Family

 New York

 NY

4,405,229.93

 0.00

 0.00

 

300571477

55

 Self Storage

 Louisville

 KY

4,430,000.00

 0.00

 205,314.00

 1/1/16

6/30/16

416000226

56

 Industrial

 Camarillo

 CA

4,300,000.00

 0.00

 0.00

 

300571446

57

 Lodging

 Austin

 TX

4,239,806.95

 0.00

 0.00

 

410931878

58

 Self Storage

 South Jordan

 UT

4,200,000.00

 0.00

 0.00

 

300571472

59

 Mobile Home Park

 Various

 Various

4,062,543.54

 0.00

 218,579.00

 1/1/16

6/30/16

416000225

60

 Retail

 Marrero

 LA

3,969,847.47

 0.00

 185,762.00

 1/1/16

6/30/16

300571478

61

 Retail

 Rochester

 NY

3,968,901.47

 0.00

 0.00

 

470096840

62

 Multi‑Family

 Yonkers

 NY

3,938,532.94

 0.00

 0.00

 

470096820

63

 Multi‑Family

 Flushing

 NY

3,949,701.62

 0.00

 0.00

 

470097120

64

 Multi‑Family

 New York

 NY

3,945,665.86

 0.00

 0.00

 

410927412

65

 Retail

 Indianapolis

 IN

3,898,794.38

 0.00

 0.00

 

479063200

66

 Office

 Houston

 TX

3,879,029.35

 0.00

 0.00

 

470097650

67

 Multi‑Family

 Hartsdale

 NY

3,706,637.40

 0.00

 0.00

 

305410068

68

 Self Storage

 Brownsburg; Pittsboro

 IN

3,700,000.00

 0.00

 151,470.00

 1/1/16

6/30/16

479066900

69

 Retail

 San Antonio

 TX

3,660,000.00

 0.00

 0.00

 

300571459

70

 Retail

 Lafayette

 CO

3,600,000.00

 0.00

 0.00

 

470097390

71

 Multi‑Family

 New Rochelle

 NY

3,564,122.73

 0.00

 0.00

 

600931600

72

 Mixed Use

 Ann Arbor

 MI

3,564,966.44

 0.00

 0.00

 

470097260

73

 Multi‑Family

 Jackson Heights

 NY

3,477,028.42

 0.00

 0.00

 

410931846

74

 Multi‑Family

 Washington

 DC

3,438,504.35

 0.00

 691,825.00

 7/1/15

6/30/16

305410075

75

 Retail

 Bradenton

 FL

3,458,948.61

 0.00

 0.00

 

479065800

76

 Office

 Columbia

 MD

3,400,000.00

 0.00

 0.00

 

470097080

77

 Multi‑Family

 Mount Kisco

 NY

3,314,633.04

 0.00

 0.00

 

305410078

78

 Retail

 Algonac

 MI

3,175,375.23

 0.00

 135,998.00

 1/1/16

6/30/16

470097280

79

 Multi‑Family

 Forest Hills

 NY

3,079,653.78

 0.00

 0.00

 

410932031

80

 Industrial

 Troy

 MI

3,070,135.40

 0.00

 188,364.00

 1/1/16

6/30/16

470097690

81

 Multi‑Family

 Bronx

 NY

2,982,585.27

 0.00

 0.00

 

416000219

82

 Multi‑Family

 Clinton Township

 MI

2,967,540.46

 0.00

 232,406.00

 1/1/16

6/30/16

470095950

83

 Multi‑Family

 New York

 NY

2,763,637.70

 0.00

 0.00

 

410927042

84

 Retail

 Bolingbrook

 IL

2,600,000.00

 0.00

 131,061.00

 1/1/16

6/30/16

305410085

85

 Mobile Home Park

 La Porte

 TX

2,481,426.31

 0.00

 0.00

 

600928820

86

 Office

 Spring

 TX

2,420,000.00

 0.00

 0.00

 

300571460

87

 Retail

 Houston

 TX

2,226,615.77

 0.00

 0.00

 

610932433

88

 Mobile Home Park

 Boulder City

 NV

2,068,252.35

 0.00

 74,065.00

 1/1/16

6/30/16

600931981

89

 Retail

 Charleston

 SC

1,984,065.13

 0.00

 0.00

 

470097770

90

 Multi‑Family

 Brooklyn

 NY

1,976,917.35

 0.00

 0.00

 

300571463

91

 Self Storage

 Middlebury

 VT

1,950,000.00

 0.00

 85,650.00

 1/1/16

6/30/16

305410092

92

 Mobile Home Park

 West Burlington

 IA

1,920,696.48

 0.00

 0.00

 

410931892

93

 Retail

 Egg Harbor Township

 NJ

1,923,889.68

 0.00

 94,740.00

 1/1/16

6/30/16

305410094

94

 Self Storage

 Dade City

 FL

1,935,000.00

 0.00

 115,385.00

 1/1/16

6/30/16

300571474

95

 Mixed Use

 Amsterdam

 NY

1,820,000.00

 0.00

 73,971.00

 1/1/16

6/30/16

470096560

96

 Multi‑Family

 Bronx

 NY

1,800,000.00

 0.00

 0.00

 

470098040

97

 Multi‑Family

 Great Neck

 NY

1,782,197.09

 0.00

 0.00

 

470097000

98

 Multi‑Family

 Rockville Centre

 NY

1,776,931.54

 0.00

 0.00

 

300571466

99

 Self Storage

 Upper Darby

 PA

1,780,000.00

 0.00

 65,747.00

 1/1/16

6/30/16

470097910

100

 Multi‑Family

 Brooklyn

 NY

1,683,025.78

 0.00

 0.00

 

470096710

101

 Multi‑Family

 Flushing

 NY

1,633,896.76

 0.00

 0.00

 

470095470

102

 Multi‑Family

 Brooklyn

 NY

1,581,883.59

 0.00

 0.00

 

305410103

103

 Retail

 Warner Robins

 GA

1,553,880.43

 0.00

 0.00

 

470097290

104

 Multi‑Family

 East Hampton

 NY

1,482,588.80

 0.00

 0.00

 

300571464

105

 Self Storage

 Salisbury

 MA

1,450,000.00

 0.00

 93,582.00

 1/1/16

6/30/16

479064900

106

 Retail

 Norwalk

 CT

1,376,433.92

 0.00

 0.00

 

470096780

107

 Multi‑Family

 Mamaroneck

 NY

1,283,244.61

 0.00

 0.00

 

479064500

108

 Retail

 Corpus Christi

 TX

1,280,036.12

 0.00

 0.00

 

305410109

109

 Self Storage

 Palm Bay

 FL

1,273,000.00

 0.00

 53,057.00

 1/1/16

6/30/16

470097510

110

 Multi‑Family

 Garden City

 NY

1,186,594.36

 0.00

 0.00

 

470095080

111

 Multi‑Family

 New York

 NY

1,091,538.22

 0.00

 0.00

 

470097100

112

 Multi‑Family

 Bronxville

 NY

982,494.86

 0.00

 0.00

 

Total

957,121,043.66

(1) The Most Recent Fiscal NOI and Most Recent NOI fields correspond to the financial data reported by the Master Servicer. An NOI of 0.00 means the Master Servicer did not report NOI figures in their loan level reporting.

 

Principal Prepayment Detail

Principal Prepayment Amount

Prepayment Penalties

Loan Number

Loan Group

Offering Document
Cross-Reference

Payoff
Amount

Curtailment
Amount

Prepayment
Premium

Yield Maintenance
Premium

No Principal Prepayments this Period

 

 

 

 

Totals

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.

Date

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

#

Amount

#

Amount

Coupon

Remit

WAM

8/17/16

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

4.749876%

4.720464%

109

7/15/16

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

4.749854%

4.720435%

110

6/17/16

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

4.749836%

4.720409%

111

5/17/16

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

4.749813%

4.720380%

112

4/15/16

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

4.749795%

4.720354%

113

3/17/16

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

0

$0.00

4.749772%

4.720325%

114

Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

 

Delinquency Loan Detail

Loan
Number

Offering
Document
Cross-
Reference

# of
Months
Delinq.

Paid
Through
Date

Current
P & I
Advances

Outstanding
P & I
Advances **

Status of
Mortgage
Loan (1)

Resolution
Strategy
Code (2)

Servicing
Transfer
Date

Foreclosure
Date

Actual
Principal
Balance

Outstanding
Servicing
Advances

Bankruptcy
Date

REO
Date

No Delinquent Loans this Period

 

 

 

 

 

 

 

 

 

Totals

(1) Status of Mortgage Loan

A - Payment Not Received But Still in Grace Period Or Not Yet Due

B - Late Payment But Less Than 1 Month Delinquent

0 - Current

1 - One Month Delinquent

2 - Two Months Delinquent

3 - Three or More Months Delinquent

4 - Assumed Scheduled Payment (Performing Matured Balloon)

5 - Non Performing Matured Balloon

(2) Resolution Strategy Code

1 - Modification

2 - Foreclosure

3 - Bankruptcy

4 - Extension

5 - Note Sale

6 - DPO

7 - REO

8 - Resolved

9 - Pending Return to Master Servicer

10 - Deed In Lieu Of Foreclosure

11 - Full Payoff

12 - Reps and Warranties

13 - Other or TBD

** Outstanding P & I Advances include the current period advance.

 

Specially Serviced Loan Detail - Part 1

Loan
Number

Offering
Document
Cross-
Reference

Servicing
Transfer
Date

Resolution
Strategy
Code (1)

Scheduled
Balance

Property
Type (2)

State

Interest
Rate

Actual
Balance

Net
Operating
Income

DSCR
Date

DSCR

Note
Date

Maturity
Date

Remaining
Amortization
Term

No Specially Serviced Loans this Period

 

 

 

 

 

 

 

 

 

(1) Resolution Strategy Code

1 - Modification

2 - Foreclosure

3 - Bankruptcy

4 - Extension

5 - Note Sale

6 - DPO

7 - REO

8 - Resolved

9 - Pending Return to Master Servicer

10 - Deed in Lieu Of Foreclosure

11 - Full Payoff

12 - Reps and Warranties

13 - Other or TBD

(2) Property Type Code

MF - Multi-Family

RT - Retail

HC - Health Care

IN - Industrial

WH - Warehouse

MH - Mobile Home Park

OF - Office

MU - Mixed Use

LO - Lodging

SS - Self Storage

OT - Other

 

Specially Serviced Loan Detail - Part 2

Loan Number

Offering
Document
Cross-
Reference

Resolution
Strategy
Code (1)

Site
Inspection
Date

Phase 1
Date

Appraisal
Date

Appraisal
Value

Other REO
Property
Revenue

Comment from Special Servicer

No Specially Serviced Loans this Period

 

 

 

 

 

 

     

(1) Resolution Strategy Code

1 - Modification

2 - Foreclosure

3 - Bankruptcy

4 - Extension

5 - Note Sale

6 - DPO

7 - REO

8 - Resolved

9 - Pending Return to Master Servicer

10 - Deed in Lieu Of Foreclosure

11 - Full Payoff

12 - Reps and Warranties

13 - Other or TBD

 

Advance Summary

Loan
Group

Current
P & I Advances

Outstanding
P & I Advances

Outstanding
Servicing Advances

Current Period Interest
on P&I and Servicing
Advances Paid

Totals

0.00

0.00

46,840.94

0.00

 

Modified Loan Detail

Loan
Number

Offering
Document
Cross-
Reference

Pre-
Modification
Balance

Post-
Modification
Balance

Pre-
Modification
Interest Rate

Post-
Modification
Interest Rate

Modification
Date

Modification Description

No Modified Loans

 

 

 

 

 

Totals

 

Historical Liquidated Loan Detail

Distribution
Date

ODCR

Beginning Scheduled
Balance

Fees, Advances, and Expenses *

Most Recent Appraised Value or BPO

Gross Sales Proceeds or Other Proceeds

Net Proceeds Received on Liquidation

Net Proceeds Available for Distribution

Realized Loss to Trust

Date of Current Period Adj.
to Trust

Current Period Adjustment
to Trust

Cumulative Adjustment
to Trust

Loss to Loan
with Cum Adj. to Trust

No Liquidated Loans this Period

 

 

 

 

 

 

 

 

 

 

Current Total

Cumulative Total

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

 

Historical Bond/Collateral Loss Reconciliation Detail

Distribution
Date

Offering
Document
Cross-
Reference

Beginning
Balance at
Liquidation

Aggregate
Realized Loss
on Loans

Prior Realized
Loss Applied
to Certificates

Amts Covered
by Credit
Support / Deal
Structure

Interest
(Shortages) /
Excesses

Modification /
Appraisal
Reduction Adj.

Additional
(Recoveries) /
Expenses

Realized Loss
Applied to
Certificates
to Date

Recoveries of
Realized Losses
Paid as Cash

(Recoveries) /
Losses Applied
to Certificate
Interest

No Realized Losses this Period

 

 

 

 

 

 

 

 

 

 

Totals

Interest Shortfall Reconciliation Detail - Part 1

 

 

 

 

Special Servicing Fees

 

 

 

 

 

Offering
Document
Cross-
Reference

Stated
Principal
Balance at
Contribution

Current
Ending
Scheduled
Balance

Monthly

Liquidation

Work Out

ASER

(PPIS)
Excess

Non-Recoverable
(Scheduled
Interest)

Interest on
Advances

Modified
Interest Rate(Reduction) /
Excess

There are no Interest Shortfalls for the above columns for this Period

 

 

 

 

 

 

 

 

Totals

Interest Shortfall Reconciliation Detail - Part 2

 

Reimb of Advances to the Servicer

Offering
Document
Cross-
Reference

Stated
Principal
Balance at
Contribution

Current
Ending
Scheduled
Balance

Current
Month

Left to
Reimburse
Master
Servicer

Other
(Shortfalls) /
Refunds

Comments

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

0.00

Total Interest Shortfall Allocated to Trust

0.00