0001539497-13-000864.txt : 20130917 0001539497-13-000864.hdr.sgml : 20130917 20130916174609 ACCESSION NUMBER: 0001539497-13-000864 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130917 DATE AS OF CHANGE: 20130916 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WFRBS Commercial Mortgage Trust 2013-C16 CENTRAL INDEX KEY: 0001585067 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-172366-09 FILM NUMBER: 131099646 BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC CENTRAL INDEX KEY: 0000850779 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561643598 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FORMER COMPANY: FORMER CONFORMED NAME: WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 20020304 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19960520 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19951013 FWP 1 n243_fwpx12.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-172366-09
     
 
 
----- Original Message -----
From: WELLS ABF SYNDICATE WELLS FARGO (WELLS FARGO SECURITI)
At: Sep 16 2013 16:35:25

WFRBS COMMERCIAL MORTGAGE TRUST 2013-C16 - PUBLIC NEW ISSUE
**LAUNCH** $930.827MM FIXED-RATE CMBS OFFERING

CO-LEAD MANAGERS & JT BOOKRUNNERS: WELLS FARGO SECURITIES AND RBS
CO-MANAGER: DEUTSCHE BANK SECURITIES

OFFERED CERTIFICATES - PUBLIC
CLASS
F/KBRA/MDY
$SIZE(MM)
WAL
LEVEL
COUPON
YIELD
$PX
A-1
AAA(sf)/AAA(sf)/Aaa(sf)
  52.514
2.59
60
1.4060
1.3888
99.9990
A-2
AAA(sf)/AAA(sf)/Aaa(sf)
160.623
4.91
80
3.2230
2.5589
102.9967
A-3
AAA(sf)/AAA(sf)/Aaa(sf)
  43.958
6.79
105
3.9220
3.4262
102.9968
A-4
AAA(sf)/AAA(sf)/Aaa(sf)
183.000
9.85
*** NOT AVAILABLE ***
A-5
AAA(sf)/AAA(sf)/Aaa(sf)
221.621
9.94
105
4.4150
4.0615
102.9980
A-SB
AAA(sf)/AAA(sf)/Aaa(sf)
  70.395
7.52
95
3.9630
3.5092
102.9993
A-S
AAA(sf)/AAA(sf)/Aaa(sf)
100.665
9.96
130
4.6680
4.3141
102.9942
B
AA-(sf)/AA-(sf)/Aa3(sf)
  56.216
9.96
180
4.9855
4.8141
102.2284
C
A-(sf)/A-(sf)/A3(sf)
  41.835
9.96
265
4.9855
5.6641
  95.7953
PEX
A-(sf)/A-(sf)/A1(sf)
198.716
9.96
        
X-A
AAA(sf)/AAA(sf)/Aaa(sf)
832.776
N/A
N/A
N/A
N/A
  
X-B
AA-(sf)/AAA(sf)/Aa3(sf)
  56.216
N/A
N/A
N/A
N/A
  
               
NON-OFFERED CERTIFICATES - PRIVATE (144A)
          
CLASS
F/KBRA/MDY
$SIZE(MM)
WAL
C/E
CUM LTV
NOI DY
  
D
BBB-(sf)/BBB-(sf)/NR
  47.064
10.02
6.500%
53.4%
13.3%
  

COLLATERAL SUMMARY

CUT-OFF DATE BALANCE:
$1,045,873,084
NUMBER OF LOANS:
86
NUMBER OF PROPERTIES:
144
WA CUT-OFF LTV:
62.7%
WA BALLOON LTV:
55.0%
WA U/W DSCR:
1.93x
WA U/W NOI DEBT YIELD:
12.4%
WA MORTGAGE RATE:
5.024%
TOP TEN LOANS %:
45.4%
WA TERM TO MATURITY (MOS):
109
WA AMORTIZATION TERM (MOS):   
 344
WA SEASONING (MOS):
1
   
LOAN SELLERS:
WFB (35.5%), RBS (28.7%), LIG I (16.9%),
 
C-III (11.1%), Basis (4.9%), NCB (2.8%)
   
TOP 5 PROPERTY TYPES:
RETAIL (32.3%), HOSPITALITY (18.6%),
 
OFFICE (13.4%), INDUSTRIAL (13.3%),
 
MULTIFAMILY (10.5%)
   
TOP 5 STATES:
CA(17.5%), GA(12.0%), NC(7.8%), TX(7.6%), OH(7.4%)
   
MASTER SERVICER:
WELLS FARGO BANK, NATIONAL ASSOCIATION AND NCB, FSB
SPECIAL SERVICER:
RIALTO CAPITAL ADVISORS, LLC AND NCB, FSB
SUBORDINATE CLASS REP:
RIALTO REAL ESTATE FUND, LP
   
ANTICIPATED SETTLEMENT:
SEPTEMBER 30, 2013
 

Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-172366) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.