0001056404-21-006925.txt : 20210601 0001056404-21-006925.hdr.sgml : 20210601 20210528191408 ACCESSION NUMBER: 0001056404-21-006925 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210517 0001547361 0001541557 FILED AS OF DATE: 20210601 DATE AS OF CHANGE: 20210528 ABS ASSET CLASS: Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: Morgan Stanley Capital I Trust 2016-UBS9 CENTRAL INDEX KEY: 0001664682 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-206582-01 FILM NUMBER: 21982328 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-761-4000 MAIL ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 10-D 1 msc16ub9_10d-202105.htm msc16ub9_10d-202105.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:   April 17, 2021 to May 17, 2021

Commission File Number of issuing entity:  333-206582-01

Central Index Key Number of issuing entity:  0001664682

Morgan Stanley Capital I Trust 2016-UBS9
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-206582

Central Index Key Number of depositor:  0001547361

Morgan Stanley Capital I Inc.
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541886

UBS Real Estate Securities Inc.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541557

Morgan Stanley Mortgage Capital Holdings LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001102113

Bank of America, National Association
(Exact name of sponsor as specified in its charter)

Jane Lam (212) 761-4000
(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)

38-3991339
38-3991340
38-7145096
(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-SB

     

     

  X  

     

A-3

     

     

  X  

     

A-4

     

     

  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 May 17, 2021 a distribution was made to holders of the certificates issued by Morgan Stanley Capital I Trust 2016-UBS9.

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.

No assets securitized by UBS Real Estate Securities Inc., Morgan Stanley Mortgage Capital Holdings LLC, and Bank of America, National Association (each a "Securitizer") and held by Morgan Stanley Capital I Trust 2016-UBS9 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from April 17, 2021 to May 17, 2021.

UBS Real Estate Securities Inc. filed its most recent Form ABS-15G on May 11, 2021. The CIK number for UBS Real Estate Securities Inc. is 0001541886.

Morgan Stanley Mortgage Capital Holdings LLC filed its most recent Form ABS-15G on May 17, 2021. The CIK number for Morgan Stanley Mortgage Capital Holdings LLC is 0001541557.

Bank of America, National Association filed its most recent Form ABS-15G on May 12, 2021. The CIK number for Bank of America, National Association is 0001102113.

Part II - OTHER INFORMATION

Item 2. Legal Proceedings.

 

In December 2014, Phoenix Light SF Limited and certain related entities and the National Credit Union Administration (NCUA) filed complaints in the United States District Court for the Southern District of New York against Wells Fargo Bank, alleging claims against Wells Fargo Bank in its capacity as trustee for a number of residential mortgage-backed securities trusts. Complaints raising similar allegations have been filed by Commerzbank AG in the Southern District of New York and by IKB International and IKB Deutsche Industriebank in New York state court. In each case, the plaintiffs allege that Wells Fargo Bank, as trustee, caused losses to investors, and plaintiffs assert causes of action based upon, among other things, the trustee’s alleged failure to notify and enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, notify investors of alleged events of default, and abide by appropriate standards of care following alleged events of default. Wells Fargo Bank previously settled two class action lawsuits with similar allegations that were filed in November 2014 and December 2016 by institutional investors in the Southern District of New York and New York state court, respectively.

 

In addition to the foregoing cases, in August 2014 and August 2015 Nomura Credit & Capital Inc. (“Nomura”) and Natixis Real Estate Holdings, LLC (“Natixis”) filed a total of seven third-party complaints against Wells Fargo Bank in New York state court. In the underlying first-party actions, Nomura and Natixis have been sued for alleged breaches of representations and warranties made in connection with residential mortgage-backed securities sponsored by them. In the third-party actions, Nomura and Natixis allege that Wells Fargo Bank, as master servicer, primary servicer or securities administrator, failed to notify Nomura and Natixis of their own breaches, failed to properly oversee the primary servicers, and failed to adhere to accepted servicing practices. Natixis additionally alleges that Wells Fargo Bank failed to perform default oversight duties. Wells Fargo Bank has asserted counterclaims alleging that Nomura and Natixis failed to provide Wells Fargo Bank notice of their representation and warranty breaches.

 

With respect to each of the foregoing litigations, Wells Fargo Bank believes plaintiffs' claims are without merit and intends to contest the claims vigorously, but there can be no assurances as to the outcome of the litigations or the possible impact of the litigations on Wells Fargo Bank or the related RMBS trusts.

Item 9. Other Information.

KeyBank National Association, in its capacity as Master Servicer for Morgan Stanley Capital I Trust 2016-UBS9, affirms the following amounts in the respective accounts:

Collection Account Balance

  Prior Distribution Date

04/16/2021

$0.00

  Current Distribution Date

05/17/2021

$0.00

 

REO Account Balance

  Prior Distribution Date

04/16/2021

$0.00

  Current Distribution Date

05/17/2021

$0.00

 

Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for Morgan Stanley Capital I Trust 2016-UBS9, affirms the following amounts in the respective accounts:

Distribution Account Balance

  Prior Distribution Date

04/16/2021

$4,497.00

  Current Distribution Date

05/17/2021

$4,346.36

 

Interest Reserve Account Balance

  Prior Distribution Date

04/16/2021

$0.00

  Current Distribution Date

05/17/2021

$0.00

 

 

Gain-on-Sale Reserve Account

  Prior Distribution Date

04/16/2021

$0.00

  Current Distribution Date

05/17/2021

$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 Morgan Stanley Capital I Trust 2016-UBS9, relating to the May 17, 2021 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.

Morgan Stanley Capital I Inc.
(Depositor)

 

/s/ Jane Lam
Jane Lam, President

Date: May 28, 2021

 

 

EX-99.1 2 msc16ub9_ex991-202105.htm msc16ub9_ex991-202105.htm - Generated by SEC Publisher for SEC Filing

 

       

 

Morgan Stanley Capital I Trust 2016-UBS9

For Additional Information, please contact

 

                                                                                                                                                                                                                                      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 2016-UBS9

Payment Date:

5/17/21

8480 Stagecoach Circle

 

Record Date:

4/30/21

Frederick, MD 21701-4747

 

Determination Date:

5/11/21

 

           

 

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 - 11

 

 

 

NOI Detail

 

12

 

 

 

Principal Prepayment Detail

 

13

 

 

 

Historical Detail

 

14

 

 

 

Delinquency Loan Detail

 

15

 

 

 

Specially Serviced Loan Detail

 

16 - 17

 

 

 

Advance Summary

 

18

 

 

 

Modified Loan Detail

 

19

 

 

 

Historical Liquidated Loan Detail

 

20

 

 

 

Historical Bond/Collateral Loss Reconciliation Detail

21

 

 

 

Interest Shortfall Reconciliation Detail

 

22 - 23

 

 

 

Defeased Loan Detail

 

24

 

 

 

 

 

 

 

Operating Advisor /

Depositor

Master Servicer

Special Servicer

Asset Representations Reviewer

 

Morgan Stanley Capital I Inc.

KeyBank National Association

CWCapital Asset Management LLC

Park Bridge Lender Services LLC

 

11501 Outlook Street

900 19th Street, NW

600 Third Avenue,

1585 Broadway

Suite 300

8th Floor

 

40th Floor

 

New York, NY 10036

Overland Park, KS 66211

Washington, DC 20006

New York, NY 10016

 

Contact:

Contact:

 

 

 

 

General Information Number

Andy Lindenman

Contact:

bhanson@cwcapital.com

Contact:

David Rodgers

Phone Number: (212) 761-4000

Phone Number: (913) 317-4372

Phone Number:

 

Phone Number

(212) 230-9025

 

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 2021, Wells Fargo Bank, N.A.

Page 1 of 24

 


 

 

                       

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

 

 

 

 

 

Class

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

61766CAA7

1.711000%

29,800,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

A-2

61766CAB5

2.982000%

73,500,000.00

17,500,000.13

0.00

43,487.50

0.00

0.00

43,487.50

17,500,000.13

34.52%

A-SB

61766CAF6

3.340000%

46,100,000.00

45,340,592.03

791,720.65

126,197.98

0.00

0.00

917,918.63

44,548,871.38

34.52%

A-3

61766CAD1

3.329000%

125,000,000.00

125,000,000.00

0.00

346,770.83

0.00

0.00

346,770.83

125,000,000.00

34.52%

A-4

61766CAE9

3.594000%

192,226,000.00

192,226,000.00

0.00

575,716.87

0.00

0.00

575,716.87

192,226,000.00

34.52%

A-S

61766CAG4

3.903000%

47,496,000.00

47,496,000.00

0.00

154,480.74

0.00

0.00

154,480.74

47,496,000.00

26.32%

B

61766CAK5

4.591463%

39,997,000.00

39,997,000.00

0.00

153,037.28

0.00

0.00

153,037.28

39,997,000.00

19.42%

C

61766CAL3

4.607463%

29,997,000.00

29,997,000.00

0.00

115,175.05

0.00

0.00

115,175.05

29,997,000.00

14.24%

D

61766CAV1

3.000000%

34,164,000.00

34,164,000.00

0.00

85,410.00

0.00

0.00

85,410.00

34,164,000.00

8.34%

E

61766CAX7

3.357463%

14,999,000.00

14,999,000.00

0.00

41,965.49

0.00

0.00

41,965.49

14,999,000.00

5.75%

F

61766CAZ2

3.357463%

6,666,000.00

6,666,000.00

0.00

18,650.71

0.00

0.00

18,650.71

6,666,000.00

4.60%

G

61766CBB4

3.357463%

6,666,000.00

6,666,000.00

0.00

18,650.71

0.00

0.00

18,650.71

6,666,000.00

3.45%

H

61766CBH1

3.357463%

19,998,197.00

19,998,197.00

0.00

49,105.01

0.00

0.00

49,105.01

19,998,197.00

0.00%

V

61766CBE8

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

R

61766CBF5

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

 

Totals

 

 

666,609,197.00

580,049,789.16

791,720.65

1,728,648.17

0.00

0.00

2,520,368.82

579,258,068.51

 

 

 

 

 

 

  Original

  Beginning

 

 

 

Ending

 

 

 

Class

CUSIP

Pass-Through

  Notional

  Notional

  Interest

   Prepayment

 Total

Notional

 

 

 

 

 

Rate

  Amount

  Amount

  Distribution

   Penalties

  Distribution

Amount

 

 

 

 

X-A

61766CAH2

1.159099%

466,626,000.00

380,066,592.16

367,112.42

0.00

367,112.42

379,274,871.51

 

 

 

X-B

61766CAJ8

0.389735%

87,493,000.00

87,493,000.00

28,415.93

0.00

28,415.93

87,493,000.00

 

 

 

X-D

61766CAM1

1.607463%

34,164,000.00

34,164,000.00

45,764.47

0.00

45,764.47

34,164,000.00

 

 

 

X-E

61766CAP4

1.250000%

14,999,000.00

14,999,000.00

15,623.96

0.00

15,623.96

14,999,000.00

 

 

 

X-FG

61766CAR0

1.250000%

13,332,000.00

13,332,000.00

13,887.50

0.00

13,887.50

13,332,000.00

 

 

 

X-H

61766CAT6

1.250000%

19,998,197.00

19,998,197.00

20,831.46

0.00

20,831.46

19,998,197.00

 

 

 

 

(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).

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

Page 2 of 24

 


 

 

               

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

   Beginning

     Principal

    Interest

    Prepayment

    Realized Loss /

    Ending

Class

CUSIP

 

 

 

 

    Additional Trust

 

 

 

   Balance

     Distribution

     Distribution

     Penalties

 

     Balance

 

 

 

 

 

 

     Fund Expenses

 

 

A-1

61766CAA7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

61766CAB5

238.09523986

0.00000000

0.59166667

0.00000000

0.00000000

238.09523986

A-SB

61766CAF6

983.52694208

17.17398373

2.73748330

0.00000000

0.00000000

966.35295835

A-3

61766CAD1

1,000.00000000

0.00000000

2.77416664

0.00000000

0.00000000

1,000.00000000

A-4

61766CAE9

1,000.00000000

0.00000000

2.99500000

0.00000000

0.00000000

1,000.00000000

A-S

61766CAG4

1,000.00000000

0.00000000

3.25250000

0.00000000

0.00000000

1,000.00000000

B

61766CAK5

1,000.00000000

0.00000000

3.82621897

0.00000000

0.00000000

1,000.00000000

C

61766CAL3

1,000.00000000

0.00000000

3.83955229

0.00000000

0.00000000

1,000.00000000

D

61766CAV1

1,000.00000000

0.00000000

2.50000000

0.00000000

0.00000000

1,000.00000000

E

61766CAX7

1,000.00000000

0.00000000

2.79788586

0.00000000

0.00000000

1,000.00000000

F

61766CAZ2

1,000.00000000

0.00000000

2.79788629

0.00000000

0.00000000

1,000.00000000

G

61766CBB4

1,000.00000000

0.00000000

2.79788629

0.00000000

0.00000000

1,000.00000000

H

61766CBH1

1,000.00000000

0.00000000

2.45547186

0.00000000

0.00000000

1,000.00000000

V

61766CBE8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

61766CBF5

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

61766CAH2

814.49938958

0.78673803

0.00000000

812.80269747

 

 

X-B

61766CAJ8

1,000.00000000

0.32477947

0.00000000

1,000.00000000

 

 

X-D

61766CAM1

1,000.00000000

1.33955245

0.00000000

1,000.00000000

 

 

X-E

61766CAP4

1,000.00000000

1.04166678

0.00000000

1,000.00000000

 

 

X-FG

61766CAR0

1,000.00000000

1.04166667

0.00000000

1,000.00000000

 

 

X-H

61766CAT6

1,000.00000000

1.04166691

0.00000000

1,000.00000000

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

Page 3 of 24

 


 

 

                       

 

 

 

 

 

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

         580,049,789.17

580,144,031.31

791,720.65

     0.00

     0.00

      0.00

 579,258,068.52

 579,470,727.65

     791,720.65

 

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

04/01/2021 - 04/30/2021

30

43,487.50

0.00

43,487.50

0.00

0.00

0.00

43,487.50

0.00

A-SB

04/01/2021 - 04/30/2021

30

126,197.98

0.00

126,197.98

0.00

0.00

0.00

126,197.98

0.00

A-3

04/01/2021 - 04/30/2021

30

346,770.83

0.00

346,770.83

0.00

0.00

0.00

346,770.83

0.00

A-4

04/01/2021 - 04/30/2021

30

575,716.87

0.00

575,716.87

0.00

0.00

0.00

575,716.87

0.00

X-A

04/01/2021 - 04/30/2021

30

367,112.42

0.00

367,112.42

0.00

0.00

0.00

367,112.42

0.00

X-B

04/01/2021 - 04/30/2021

30

28,415.93

0.00

28,415.93

0.00

0.00

0.00

28,415.93

0.00

X-D

04/01/2021 - 04/30/2021

30

45,764.47

0.00

45,764.47

0.00

0.00

0.00

45,764.47

0.00

X-E

04/01/2021 - 04/30/2021

30

15,623.96

0.00

15,623.96

0.00

0.00

0.00

15,623.96

0.00

X-FG

04/01/2021 - 04/30/2021

30

13,887.50

0.00

13,887.50

0.00

0.00

0.00

13,887.50

0.00

X-H

04/01/2021 - 04/30/2021

30

20,831.46

0.00

20,831.46

0.00

0.00

0.00

20,831.46

0.00

A-S

04/01/2021 - 04/30/2021

30

154,480.74

0.00

154,480.74

0.00

0.00

0.00

154,480.74

0.00

B

04/01/2021 - 04/30/2021

30

153,037.28

0.00

153,037.28

0.00

0.00

0.00

153,037.28

0.00

C

04/01/2021 - 04/30/2021

30

115,175.05

0.00

115,175.05

0.00

0.00

0.00

115,175.05

0.00

D

04/01/2021 - 04/30/2021

30

85,410.00

0.00

85,410.00

0.00

0.00

0.00

85,410.00

0.00

E

04/01/2021 - 04/30/2021

30

41,965.49

0.00

41,965.49

0.00

0.00

0.00

41,965.49

0.00

F

04/01/2021 - 04/30/2021

30

18,650.71

0.00

18,650.71

0.00

0.00

0.00

18,650.71

0.00

G

04/01/2021 - 04/30/2021

30

18,650.71

0.00

18,650.71

0.00

0.00

0.00

18,650.71

0.00

H

04/01/2021 - 04/30/2021

30

55,952.67

0.00

55,952.67

0.00

0.00

6,847.66

49,105.01

11,664.10

 

Totals

 

 

2,227,131.57

0.00

2,227,131.57

0.00

0.00

6,847.66

2,220,283.91

11,664.10

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 4 of 24

 


 

 

             

 

Other Required Information

 

 

 

 

 

Available Distribution Amount (1)

3,012,004.56

Appraisal Reduction Amount

 

 

 

 

 

Loan

Loan

Appraisal

Cumulative

Date Appraisal

 

 

Number

Group

Reduction

ASER

Reduction

Controlling Class Information

 

 

 

Amount

Amount

Effected

Controlling Class: H

 

 

 

 

 

 

Effective as of: 3/8/2016

 

 

 

 

 

 

 

 

 

 

None

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 5 of 24

 


 

 

       

 

Cash Reconciliation Detail

 

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest:

 

Fees:

 

Scheduled Interest

2,238,995.78

Master Servicing Fee - KeyBank, N.A.

5,452.75

Interest reductions due to Nonrecoverability Determinations

0.00

Trustee Fee - Wells Fargo Bank, N.A.

0.00

Interest Adjustments

0.00

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

4,350.37

Deferred Interest

0.00

CREFC Royalty License Fee

241.69

ARD Interest

0.00

Operating Advisor Fee - Park Bridge Lender Services LLC

1,635.72

Net Prepayment Interest Shortfall

0.00

Asset Representations Reviewer Fee- Park Bridge Lender Services LLC                                                                       183.68

Net Prepayment Interest Excess

0.00

Total Fees

11,864.21

Extension Interest

0.00

Additional Trust Fund Expenses:

 

Interest Reserve Withdrawal

0.00

Reimbursement for Interest on Advances

0.00

Total Interest Collected

2,238,995.78

ASER Amount

0.00

Principal:

 

Special Servicing Fee

6,847.65

Scheduled Principal

791,720.65

Rating Agency Expenses

0.00

Unscheduled Principal

0.00

Attorney Fees & Expenses

0.00

Principal Prepayments

0.00

Bankruptcy Expense

0.00

Collection of Principal after Maturity Date

0.00

Taxes Imposed on Trust Fund

0.00

Recoveries from Liquidation and Insurance Proceeds

0.00

Non-Recoverable Advances

0.00

Excess of Prior Principal Amounts paid

0.00

Workout-Delayed Reimbursement Amounts

0.00

Curtailments

0.00

Other Expenses

0.00

Negative Amortization

0.00

Total Additional Trust Fund Expenses

6,847.65

Principal Adjustments

0.00

Interest Reserve Deposit

0.00

Total Principal Collected

791,720.65

Payments to Certificateholders & Others:

 

Other:

 

Interest Distribution

2,220,283.91

Prepayment Penalties/Yield Maintenance

0.00

Principal Distribution

791,720.65

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

3,012,004.56

Total Funds Collected

3,030,716.43

Total Funds Distributed

3,030,716.42

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

Page 6 of 24

 


 

 

                           

 

 

                                                                                                    Current Mortgage Loan and Property Stratification Tables

 

 

 

 

 

 

 

 

 

 

 

 

Aggregate Pool

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

 

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

2

54,727,093.23

9.45

55

4.7416

NAP

Defeased

2

54,727,093.23

9.45

55

4.7416

NAP

5,000,000 or less

5

16,198,541.59

2.80

56

5.2806

1.720830

Alaska

1

3,928,861.22

0.68

57

4.4000

2.490000

5,000,001 to 10,000,000

9

68,876,265.91

11.89

56

4.7341

1.598086

Arizona

1

715,566.25

0.12

57

4.4000

2.490000

10,000,001 to 15,000,000

3

39,945,072.16

6.90

55

5.0294

1.457830

California

5

41,360,319.37

7.14

56

4.9768

1.194955

15,000,001 to 20,000,000

3

56,372,275.92

9.73

44

4.7728

1.880275

Colorado

1

40,000,000.00

6.91

57

4.0970

2.350000

20,000,001 to 25,000,000

1

21,122,107.60

3.65

56

5.1450

0.800000

Connecticut

3

15,093,213.38

2.61

57

4.8602

1.507709

25,000,001 to 50,000,000

4

151,602,358.45

26.17

67

4.5207

2.237620

Florida

17

53,036,925.67

9.16

55

4.5569

2.070901

50,000,001 or greater

3

170,414,353.66

29.42

56

4.3893

1.972062

Georgia

2

20,016,508.54

3.46

55

4.6923

2.210812

 

 

 

 

 

 

 

Illinois

8

11,463,622.22

1.98

54

5.0781

1.562286

Totals

30

579,258,068.52

100.00

58

4.6319

1.847330

Indiana

3

5,044,413.79

0.87

56

4.5169

2.345155

 

 

 

 

 

 

 

Kansas

1

845,667.21

0.15

54

5.0781

1.650000

 

 

 

 

 

 

 

Kentucky

1

2,654,878.74

0.46

56

4.9500

1.410000

 

 

 

 

 

 

 

Louisiana

1

7,030,159.16

1.21

55

4.7450

1.290000

 

 

 

 

 

 

 

Maryland

1

6,747,998.49

1.16

56

5.0270

1.540000

 

 

 

 

 

 

 

Massachusetts

1

3,348,308.44

0.58

57

4.4000

2.490000

 

 

 

 

 

 

 

Michigan

6

8,530,472.01

1.47

55

5.0368

1.823087

 

 

 

 

 

 

 

Mississippi

2

23,082,102.39

3.98

56

4.8910

1.304398

 

 

 

 

 

 

 

Missouri

1

1,177,893.51

0.20

54

5.0781

1.650000

 

 

 

 

 

 

 

New Jersey

1

44,802,358.45

7.73

56

4.6726

1.890000

 

 

 

 

 

 

 

New York

1

61,477,802.29

10.61

54

4.1175

2.070000

 

 

 

 

 

 

 

North Carolina

2

1,788,059.29

0.31

56

4.5661

2.284266

 

 

 

 

 

 

 

Ohio

4

6,386,655.02

1.10

57

4.7160

2.148012

 

 

 

 

 

 

 

Oregon

1

3,807,350.58

0.66

57

4.4000

2.490000

 

 

 

 

 

 

 

Pennsylvania

2

22,484,228.50

3.88

55

4.3186

2.196461

 

 

 

 

 

 

 

Texas

4

78,595,694.34

13.57

57

4.6221

1.638907

 

 

 

 

 

 

 

Virginia

4

38,774,583.94

6.69

100

5.0352

2.373042

 

 

 

 

 

 

 

Washington

3

20,825,193.47

3.60

25

4.9164

1.875689

 

 

 

 

 

 

 

Washington, DC

1

1,512,139.01

0.26

57

4.4000

2.490000

 

 

 

 

 

 

 

 

Totals

80

579,258,068.52

100.00

58

4.6319

1.847330

 

 

 

 

 

 

 

 

 

 

See footnotes on last page of this section.

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 7 of 24

 


 

 

                           

 

 

                                                                                    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

2

54,727,093.23

9.45

55

4.7416

NAP

Defeased

2

54,727,093.23

9.45

55

4.7416

NAP

1.30 or less

5

55,329,723.01

9.55

56

5.0707

0.785108

Industrial

9

27,129,212.38

4.68

56

5.0014

1.551090

1.31 to 1.40

1

54,774,967.31

9.46

57

4.6837

1.350000

Lodging

3

40,814,171.27

7.05

56

5.1696

0.677069

1.41 to 1.50

1

2,654,878.74

0.46

56

4.9500

1.410000

Mobile Home Park

2

13,969,633.25

2.41

55

4.7356

2.308012

1.51 to 1.60

4

28,509,308.52

4.92

55

5.1717

1.542498

Multi-Family

2

12,807,826.29

2.21

55

4.7391

1.483975

1.61 to 1.80

5

54,665,037.06

9.44

43

4.9375

1.727231

Office

8

213,233,715.41

36.81

61

4.6254

1.887406

1.81 to 2.00

1

44,802,358.45

7.73

56

4.6726

1.890000

Retail

35

162,414,832.62

28.04

56

4.4666

2.069294

2.01 to 2.25

5

138,263,484.89

23.87

55

4.2479

2.143302

Self Storage

19

54,161,584.06

9.35

57

4.4000

2.490000

2.26 to 2.50

4

108,131,217.31

18.67

57

4.3313

2.414700

 

 

 

 

 

 

 

2.51 to 3.00

1

28,000,000.00

4.83

117

5.1910

2.630000

Totals

80

579,258,068.52

100.00

58

4.6319

1.847330

3.01 or greater

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

30

579,258,068.52

100.00

58

4.6319

1.847330

 

 

 

 

 

 

 

 

 

 

 

 

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

2

54,727,093.23

9.45

55

4.7416

NAP

Defeased

2

54,727,093.23

9.45

55

4.7416

NAP

4.500% or less

6

223,769,386.35

38.63

56

4.2403

2.265067

12 months or less

0

0.00

0.00

0

0.0000

0.000000

4.5001% to 5.0000%

12

181,600,927.54

31.35

53

4.7307

1.683874

13 months to 24 months

0

0.00

0.00

0

0.0000

0.000000

5.0001% to 5.5000%

9

114,605,580.53

19.78

70

5.1472

1.524417

25 months to 36 months

0

0.00

0.00

0

0.0000

0.000000

5.5001% or greater

1

4,555,080.87

0.79

57

5.6500

1.540000

37 months to 48 months

0

0.00

0.00

0

0.0000

0.000000

 

Totals

30

579,258,068.52

100.00

58

4.6319

1.847330

49 months or greater

28

524,530,975.29

90.55

58

4.6205

1.895727

 

 

 

 

 

 

 

Totals

30

579,258,068.52

100.00

58

4.6319

1.847330

See footnotes on last page of this section.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 8 of 24

 


 

 

                                   

 

 

 

                                                                                                  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

 

 

2

54,727,093.23

9.45

55

4.7416

NAP

 

 

 

 

 

 

 

 

                84 months or less

 

27

496,530,975.29

85.72

54

4.5883

1.854320

 

 

 

 

 

 

 

 

85 months to 120 months

1

28,000,000.00

4.83

117

5.1910

2.630000

 

 

 

 

 

 

 

 

121 months or greater

0

0.00

0.00

0

0.0000

0.000000

 

 

 

 

 

 

 

 

 

 Totals

 

 

30

579,258,068.52

100.00

58

4.6319

1.847330

 

 

 

 

 

 

 

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

2

54,727,093.23

9.45

55

4.7416

 NAP

 

Defeased

 

2

54,727,093.23

9.45

55

4.7416

NAP

Interest Only

5

117,530,000.00

20.29

56

4.2799

2.244646

Underwriter's Information

1

4,555,080.87

0.79

57

5.6500

1.540000

240 months or less

7

106,808,990.16

18.44

51

4.7503

1.839275

12 months or less

26

511,320,211.82

88.27

58

4.6100

1.895099

241 months to 300 months

16

300,191,985.13

51.82

61

4.7076

1.779205

13 months to 24 months

1

8,655,682.60

1.49

55

4.6980

2.120000

301 months or greater

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

30

579,258,068.52

100.00

58

4.6319

1.847330

 

Totals

 

30

579,258,068.52

100.00

58

4.6319

1.847330

 

(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.

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 9 of 24

 


 

 

                                   

 

 

 

 

 

 

 

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)

 

10104658

1

OF

New York

NY

211,250.96

88,961.78

4.117%

N/A

11/6/25

N

61,566,764.07

61,477,802.29

4/6/21

 

 

 

 

10104659

2

SS

Various

Various

199,113.12

141,993.35

4.400%

2/6/26

2/6/41

N

54,303,577.41

54,161,584.06

5/6/21

 

 

 

 

10104660

3

OF

Dallas

TX

214,167.63

96,427.49

4.684%

N/A

2/6/26

N

54,871,394.80

54,774,967.31

5/6/21

 

 

 

 

10104661

5

IN

San Leandro

CA

165,077.78

88,564.09

4.637%

N/A

12/6/25

N

42,718,307.16

42,629,743.07

5/6/21

 

 

 

 

10104662

6

OF

Lawrence Township

NJ

174,647.21

49,750.31

4.673%

N/A

1/1/26

N

44,852,108.76

44,802,358.45

4/1/21

 

 

 

 

10104663

7

RT

Boulder

CO

136,566.67

0.00

4.097%

N/A

2/6/26

N

40,000,000.00

40,000,000.00

4/6/21

 

 

 

 

10104664

8

RT

Ellenton

FL

138,984.83

0.00

4.298%

N/A

12/1/25

N

38,800,000.00

38,800,000.00

4/1/21

 

 

 

 

10104665

9

OF

Richmond

VA

121,123.33

0.00

5.191%

N/A

2/6/31

N

28,000,000.00

28,000,000.00

5/6/21

 

 

 

 

10104666

10

LO

Oxnard

CA

90,710.26

34,804.93

5.145%

N/A

1/1/26

N

21,156,912.53

21,122,107.60

5/1/21

 

 

 

 

10104667

11

OF

Tumwater

WA

77,132.61

45,386.72

4.980%

N/A

2/6/23

N

18,586,170.37

18,540,783.65

4/6/21

 

 

 

 

10104668

12

RT

Grove City

PA

71,808.33

0.00

4.309%

N/A

12/1/25

N

20,000,000.00

20,000,000.00

4/1/21

 

 

 

 

10104669

13

RT

Various

Various

75,585.49

30,027.46

5.078%

N/A

11/6/25

N

17,861,519.73

17,831,492.27

5/6/21

 

 

 

 

10104670

14

Various

Various

Various

62,871.62

24,976.69

5.078%

N/A

11/6/25

N

14,857,120.52

14,832,143.83

5/6/21

 

 

 

 

10104671

15

LO

Tupelo

MS

60,411.26

32,554.45

5.259%

N/A

2/6/26

N

13,784,656.84

13,752,102.39

5/6/21

 

 

 

 

10104672

16

MF

Vancouver

WA

51,593.29

20,151.53

5.109%

N/A

12/6/25

N

12,117,501.69

12,097,350.16

5/6/21

 

 

 

 

10104673

17

MH

Marietta

GA

44,440.66

14,770.82

4.688%

N/A

12/1/25

N

11,375,596.76

11,360,825.94

5/1/21

 

 

 

 

10104674

18

RT

Rancho Cucamonga

CA

38,015.17

0.00

4.853%

N/A

2/1/26

N

9,400,000.00

9,400,000.00

5/1/21

 

 

 

 

10104675

19

RT

Gulfport

MS

33,809.59

0.00

4.348%

N/A

12/1/25

N

9,330,000.00

9,330,000.00

4/1/21

 

 

 

 

10104676

20

IN

Norcross

GA

33,939.87

13,504.49

4.698%

N/A

12/1/25

N

8,669,187.09

8,655,682.60

5/1/21

 

 

 

 

10104677

21

RT

Virginia Beach

VA

32,040.18

13,620.88

4.511%

N/A

1/6/26

N

8,523,025.55

8,509,404.67

5/6/21

 

 

 

 

10104678

22

IN

Danbury

CT

30,247.50

18,638.78

4.837%

N/A

2/6/26

N

7,504,031.36

7,485,392.58

4/6/21

 

 

 

 

10104679

23

MF

New Orleans

LA

27,838.83

10,219.43

4.745%

N/A

12/1/25

N

7,040,378.59

7,030,159.16

5/1/21

 

 

 

 

10104680

24

RT

Finksburg

MD

28,310.05

9,921.53

5.027%

N/A

1/6/26

N

6,757,920.02

6,747,998.49

4/6/21

 

 

 

 

10104681

25

LO

Oakland

CA

25,059.76

14,597.74

5.050%

N/A

12/6/25

N

5,954,559.02

5,939,961.28

5/6/21

 

 

 

 

10104682

26

MF

Houston

TX

22,816.46

8,417.32

4.732%

N/A

12/1/25

N

5,786,084.45

5,777,667.13

5/1/21

 

 

 

 

10104683

27

IN

Various

FL

21,495.25

10,281.70

5.650%

N/A

2/6/26

N

4,565,362.57

4,555,080.87

5/6/21

 

 

 

 

10104684

28

OF

Branford

CT

17,778.68

6,424.37

5.317%

N/A

1/6/26

N

4,012,113.71

4,005,689.34

5/6/21

 

 

 

 

10104685

29

RT

Glasgow

KY

10,969.98

4,509.35

4.950%

N/A

1/1/26

N

2,659,388.09

2,654,878.74

5/1/21

 

 

 

 

10104686

30

MH

Nashville

MI

10,764.38

4,435.91

4.943%

N/A

1/1/26

N

2,613,243.22

2,608,807.31

5/1/21

 

 

 

 

10104687

31

IN

Valley View

OH

10,425.03

8,779.53

5.250%

N/A

2/6/26

N

2,382,864.86

2,374,085.33

5/6/21

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

Page 10 of 24

 

 


 

 

                                                 

 

 

 

 

 

 

 

 

 

 

 

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)

 

 

 

 

Totals

 

 

 

 

 

2,238,995.78

791,720.65

 

 

 

 

 

580,049,789.17

579,258,068.52

 

 

 

0.00

 

 

 

 

 

 

(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 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 11 of 24

 

 


 

 

                     

 

 

 

 

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

 

 

10104658

1

Office

New York

NY

61,477,802.29

0.00

12,369,057.00

1/1/20

9/30/20

 

10104659

2

Self Storage

Various

Various

54,161,584.06

10,335,654.21

0.00

 

 

 

10104660

3

Office

Dallas

TX

54,774,967.31

9,484,655.83

0.00

 

 

 

10104661

5

Industrial

San Leandro

CA

42,629,743.07

0.00

0.00

 

 

 

10104662

6

Office

Lawrence Township

NJ

44,802,358.45

13,394,916.72

0.00

 

 

 

10104663

7

Retail

Boulder

CO

40,000,000.00

0.00

11,426,313.00

1/1/20

9/30/20

 

10104664

8

Retail

Ellenton

FL

38,800,000.00

0.00

13,556,713.00

1/1/20

9/30/20

 

10104665

9

Office

Richmond

VA

28,000,000.00

8,425,467.82

0.00

 

 

 

10104666

10

Lodging

Oxnard

CA

21,122,107.60

0.00

1,517,990.42

10/1/19

9/30/20

 

10104667

11

Office

Tumwater

WA

18,540,783.65

2,883,753.00

0.00

 

 

 

10104668

12

Retail

Grove City

PA

20,000,000.00

0.00

10,348,594.00

1/1/20

9/30/20

 

10104669

13

Retail

Various

Various

17,831,492.27

2,254,200.19

0.00

 

 

 

10104670

14

Various

Various

Various

14,832,143.83

1,716,582.69

0.00

 

 

 

10104671

15

Lodging

Tupelo

MS

13,752,102.39

968,536.04

0.00

 

 

 

10104672

16

Multi-Family

Vancouver

WA

12,097,350.16

0.00

0.00

 

 

 

10104673

17

Mobile Home Park

Marietta

GA

11,360,825.94

1,248,439.97

0.00

 

 

 

10104674

18

Retail

Rancho Cucamonga

CA

9,400,000.00

988,126.32

0.00

 

 

 

10104675

19

Retail

Gulfport

MS

9,330,000.00

0.00

4,011,781.74

1/1/20

9/30/20

 

10104676

20

Industrial

Norcross

GA

8,655,682.60

0.00

0.00

 

 

 

10104677

21

Retail

Virginia Beach

VA

8,509,404.67

1,027,657.15

0.00

 

 

 

10104678

22

Industrial

Danbury

CT

7,485,392.58

0.00

465,131.59

1/1/20

9/30/20

 

10104679

23

Multi-Family

New Orleans

LA

7,030,159.16

593,878.29

0.00

 

 

 

10104680

24

Retail

Finksburg

MD

6,747,998.49

0.00

568,010.87

1/1/20

9/30/20

 

10104681

25

Lodging

Oakland

CA

5,939,961.28

(81,254.86)

212,656.88

4/1/20

3/31/21

 

10104682

26

Multi-Family

Houston

TX

5,777,667.13

676,327.16

0.00

 

 

 

10104683

27

Industrial

Various

FL

4,555,080.87

0.00

0.00

 

 

 

10104684

28

Office

Branford

CT

4,005,689.34

0.00

412,181.20

1/1/20

9/30/20

 

10104685

29

Retail

Glasgow

KY

2,654,878.74

271,045.52

0.00

 

 

 

10104686

30

Mobile Home Park

Nashville

MI

2,608,807.31

454,218.86

0.00

 

 

 

10104687

31

Industrial

Valley View

OH

2,374,085.33

399,683.36

0.00

 

 

 

 

 

 

Total

 

 

 

 

579,258,068.52

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 12 of 24

 


 

 

             

 

 

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 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 13 of 24

 


 

 

                                       

 

 

 

 

 

 

 

 

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

 

5/17/21

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.631911%

58

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607369%

 

4/16/21

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632007%

59

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607463%

 

3/17/21

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632095%

60

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607492%

 

2/18/21

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632207%

61

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607655%

 

1/15/21

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632293%

62

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607740%

 

12/17/20

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632375%

63

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607819%

 

11/18/20

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632463%

64

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.607904%

 

10/19/20

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632614%

65

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.608050%

 

9/17/20

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632777%

66

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.608214%

 

8/17/20

0

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.632926%

67

 

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.608352%

 

7/17/20

0

 

1

 

0

 

0

 

0

 

0

 

0

 

0

 

4.633073%

68

 

 

$0.00

 

$14,063,266.22

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.608496%

 

6/17/20

1

 

0

 

0

 

0

 

0

 

0

 

0

 

0

 

4.633233%

68

 

 

$14,094,462.95

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

 

$0.00

4.608651%

 

Note: Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 14 of 24

 


 

 

                                       

 

 

 

 

 

 

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

 

10104658

1

0

4/6/21

299,716.11

299,716.11

B

 

 

 

 

61,566,764.07

0.00

 

 

10104662

6

0

4/1/21

227,622.06

227,622.06

B

 

 

 

 

44,852,108.77

0.00

 

 

10104663

7

0

4/6/21

136,244.01

136,244.01

A

 

 

 

 

40,000,000.00

0.00

 

 

10104664

8

0

4/1/21

138,671.85

138,671.85

B

 

 

 

 

38,800,000.00

0.00

 

 

10104667

11

0

4/6/21

121,943.48

121,943.48

B

 

 

 

 

18,586,170.37

0.00

 

 

10104668

12

0

4/1/21

71,646.99

71,646.99

B

 

 

 

 

20,000,000.00

0.00

 

 

10104675

19

0

4/1/21

33,734.32

33,734.32

B

 

 

 

 

9,330,000.00

0.00

 

 

10104678

22

0

4/6/21

48,825.74

48,825.74

B

 

 

 

 

7,504,031.36

0.00

 

 

10104680

24

0

4/6/21

37,853.24

37,853.24

B

 

 

 

 

6,757,920.02

0.00

 

 

 

 

 

 

Totals

9

 

 

1,116,257.80

1,116,257.80

 

 

 

 

 

247,396,994.59

0.00

 

 

 

Totals By Delinquency Code:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total for Status Code = A (1 loan)

 

136,244.01

136,244.01

 

 

 

 

 

40,000,000.00

0.00

 

 

Total for Status Code = B (8 loans)

 

980,013.79

980,013.79

 

 

 

 

 

207,396,994.59

0.00

 

 

 

 

 

 

 

 

 

 

(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 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 15 of 24

 


 

 

                                   

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

No Specially Serviced Loans this Period

 

 

 

 

 

 

 

 

 

 

 

 

 

(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 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 16 of 24

 


 

 

                       

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

Offering

Resolution

Site

 

 

 

 

 

 

 

 

 

Loan

 

 

 

Appraisal

              Appraisal

Other REO

 

 

 

 

Document

Strategy

Inspection

Phase 1 Date

 

 

 

 

 

Comment from Special Servicer

 

Number

 

 

 

Date

 

Value

Property Revenue

 

 

 

Cross-Reference

Code (1)

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

No Specially Serviced Loans this Period

 

 

 

 

 

 

 

 

 

 

 

(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 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

 

Page 17 of 24

 


 

 

             

 

 

 

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

1,116,257.80

        1,116,257.80

           0.00

            0.00

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 18 of 24

 


 

 

               

 

 

 

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 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

Page 19 of 24

 


 

 

                     

 

 

 

 

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

Proceeds or

Received on

Available for

Period Adj.

Adjustment

Adjustment

with Cum

Date

 

 

 

 

 

Loss to Trust

 

 

 

 

 

Balance

and Expenses *

Value or BPO

Other Proceeds

Liquidation

Distribution

to Trust

to Trust

to Trust

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.).

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

Page 20 of 24

 


 

 

                       

 

 

 

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

 

 

 

 

 

 

No Realized Losses this Period

 

 

 

 

 

 

 

 

 

Totals

 

 

 

 

 

 

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 21 of 24

 


 

 

                       

 

 

 

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

6

45,000,000.00

44,802,358.45

5,917.99

0.00

0.00

0.00

0.00

0.00

0.00

 

0.00

15

15,472,698.75

13,752,102.39

0.00

0.00

929.66

0.00

0.00

0.00

0.00

 

0.00

 

 

 

 

Totals

60,472,698.75

58,554,460.84

5,917.99

0.00

929.66

0.00

0.00

0.00

0.00

 

0.00

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

 

 

 

 

Page 22 of 24

 


 

 

           

 

 

 

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

 

6,847.65

 

Total Interest Shortfall Allocated to Trust

 

6,847.65

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

Page 23 of 24

 


 

 

             

 

 

Defeased Loan Detail

 

 

 

 

Offering Document

    Ending Scheduled

 

 

 

 

Loan Number

 

 

Maturity Date

Note Rate

Defeasance Status

 

 

Cross-Reference

Balance

 

 

 

 

10104661

5

42,629,743.07

12/6/25

4.637

Full Defeasance

 

10104672

16

12,097,350.16

12/6/25

5.109

Full Defeasance

 

 

 

 

 

Totals

 

54,727,093.23

 

 

 

 

 

Copyright 2021, Wells Fargo Bank, N.A.

 

 

 

 

 

Page 24 of 24