For the monthly distribution period from: March 18, 2026 to April 17, 2026
Commission File Number of issuing entity: 333-206847-07
Central Index Key Number of issuing entity: 0001715846
Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-206847
Central Index Key Number of depositor: 0001005007
Banc of America Merrill Lynch Commercial Mortgage Inc.
(Exact name of depositor 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)
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): 0001089877
KeyBank National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001682532
Starwood Mortgage Funding III LLC
(Exact name of sponsor as specified in its charter)
Paul E. Kurzeja (980) 386-8509
(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)
38-4046692
38-4046693
38-7187325
(I.R.S. Employer Identification No.)
c/o Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(667) 786-1992
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
|
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
|
A-1 |
|
|
X |
|
|
A-2 |
|
|
X |
|
|
A-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 April 17, 2026 a distribution was made to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
|
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
|
2 |
3.07% |
2 |
$25,457.99 |
No assets securitized by Banc of America Merrill Lynch Commercial Mortgage Inc. (the "Depositor") and held by Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from March 18, 2026 to April 17, 2026.
The Depositor filed its most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Securities Exchange Act of 1934 (a "Rule 15Ga-1 Form ABS-15G") on January 21, 2026. The CIK number for the Depositor is 0001005007.
Bank of America, National Association ("Bank of America") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on January 21, 2026. The Central Index Key number for Bank of America is 0001102113.
Morgan Stanley Mortgage Capital Holdings LLC ("Morgan Stanley") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 17, 2026. The Central Index Key number for Morgan Stanley is 0001541557.
KeyBank National Association ("KeyBank") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 3, 2026. The Central Index Key number for KeyBank is 0001089877.
Starwood Mortgage Funding III LLC one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 12, 2026. The Central Index Key number for Starwood Mortgage Funding III LLC is 0001682532.
Item 1A. Asset-Level Information.
ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on April 28, 2026 under Commission File No. 333-206847-07 and incorporated by reference herein).
ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on April 28, 2026 under Commission File No. 333-206847-07 and incorporated by reference herein).
Part II - OTHER INFORMATION
Item 9. Other Information.
Trimont LLC, in its capacity as Master Servicer for Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34, affirms the following amounts in the respective accounts:
|
Collection Account Balance | ||
|
Prior Distribution Date |
03/17/2026 |
$224,782.88 |
|
Current Distribution Date |
04/17/2026 |
$215,684.29 |
|
*REO Account Balance | ||
|
Prior Distribution Date |
03/17/2026 |
$0.00 |
|
Current Distribution Date |
04/17/2026 |
$0.00 |
|
*As provided by Special Servicer | ||
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34, affirms the following amounts in the respective accounts:
|
Distribution Account Balance | ||
|
Prior Distribution Date |
03/17/2026 |
$4,686.30 |
|
Current Distribution Date |
04/17/2026 |
$5,199.42 |
|
Interest Reserve Account Balance | ||
|
Prior Distribution Date |
03/17/2026 |
$0.00 |
|
Current Distribution Date |
04/17/2026 |
$0.00 |
|
Gain-on-Sale Reserve Account Balance | ||
|
Prior Distribution Date |
03/17/2026 |
$0.00 |
|
Current Distribution Date |
04/17/2026 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Banc of America Merrill Lynch Commercial Mortgage Inc.
(Depositor)
/s/ Leland F. Bunch III
Leland F. Bunch III, President and Chief Executive Officer
Date: April 28, 2026
|
Distribution Date: |
04/17/26 |
Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 |
|
Determination Date: |
04/13/26 |
|
|
Next Distribution Date: |
05/15/26 |
|
|
Record Date: |
03/31/26 |
Commercial Mortgage Pass-Through Certificates |
|
|
|
Series 2017 C34 |
|
Table of Contents |
|
|
Contacts |
|
|
|
Section |
Pages |
Role |
Party and Contact Information |
|
|
|
Certificate Distribution Detail |
2 |
Depositor |
Banc of America Merrill Lynch Commercial Mortgage Inc. |
|
|
|
Certificate Factor Detail |
3 |
|
Leland F. Bunch, III |
(646) 855-3953 |
|
|
Certificate Interest Reconciliation Detail |
4 |
|
Bank of America Tower, One Bryant Park | New York, NY 10036 | United States |
|
|
|
|
|
Master Servicer |
Trimont LLC |
|
|
|
Additional Information |
5 |
|
|
|
|
|
|
|
|
Attention: CMBS Servicing |
|
commercial.servicing@trimont.com |
|
Bond / Collateral Reconciliation - Cash Flows |
6 |
|
|
|
|
|
|
|
|
One South, 101 South Tryon Street, Suite 1400 | Charlotte, NC 28280 | United States |
|
|
|
Bond / Collateral Reconciliation - Balances |
7 |
Special Servicer |
LNR Partners, LLC |
|
|
|
Current Mortgage Loan and Property Stratification |
8-12 |
|
Attention: Heather Bennett and Arnold Shulkin |
|
hbennett@starwood.com; AShulkin@lnrpartners.com; |
|
Mortgage Loan Detail (Part 1) |
13-14 |
|
|
|
lnr.cmbs.notices@lnrproperty.com |
|
|
|
|
2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States |
|
|
|
Mortgage Loan Detail (Part 2) |
15-16 |
|
|
|
|
|
|
|
Operating Advisor & Asset |
Park Bridge Lender Services LLC |
|
|
|
Principal Prepayment Detail |
17 |
Representations Reviewer |
|
|
|
|
Historical Detail |
18 |
|
David Rodgers |
(212) 310-9821 |
|
|
Delinquency Loan Detail |
19 |
|
600 Third Avenue, 40th Floor | New York, NY 10016 | United States |
|
|
|
|
|
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
|
|
|
Collateral Stratification and Historical Detail |
20 |
|
Bank, N.A. |
|
|
|
Specially Serviced Loan Detail - Part 1 |
21 |
|
Corporate Trust Services (CMBS) |
|
cctcmbsbondadmin@computershare.com; |
|
Specially Serviced Loan Detail - Part 2 |
22 |
|
|
|
trustadministrationgroup@computershare.com |
|
|
|
|
9062 Old Annapolis Road | Columbia, MD 21045 | United States |
|
|
|
Modified Loan Detail |
23 |
|
|
|
|
|
|
|
Trustee |
Wilmington Trust, National Association |
|
|
|
Historical Liquidated Loan Detail |
24 |
|
Attention: CMBS Trustee |
(302) 636-4140 |
CMBSTrustee@wilmingtontrust.com |
|
Historical Bond / Collateral Loss Reconciliation Detail |
25 |
|
1100 North Market Street | Wilmington, DE 19890 | United States |
|
|
|
Interest Shortfall Detail - Collateral Level |
26 |
|
|
|
|
|
Supplemental Notes |
27 |
|
|
|
|
This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 27 |
|
|
|
|
|
Certificate Distribution Detail |
|
|
|
|
|
|||
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
Current |
Original |
|
|
|
Pass-Through |
|
|
Principal |
Interest |
Prepayment |
|
|
|
Credit |
Credit |
|
Class |
CUSIP |
Rate (2) |
Original Balance Beginning Balance |
Distribution |
Distribution |
Penalties |
Realized Losses Total Distribution Ending Balance |
Support¹ Support¹ |
||||
|
|
||||||||||||
|
A-1 |
61767EAA2 |
2.109000% |
25,285,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-2 |
61767EAB0 |
3.197000% |
47,024,000.00 |
25,726,749.03 |
1,233,304.38 |
68,540.35 |
0.00 |
0.00 |
1,301,844.73 |
24,493,444.65 |
33.14% |
30.00% |
|
A-SB |
61767EAC8 |
3.354000% |
61,577,000.00 |
15,899,494.03 |
1,001,301.79 |
44,439.09 |
0.00 |
0.00 |
1,045,740.88 |
14,898,192.24 |
33.14% |
30.00% |
|
A-3 |
61767EAD6 |
3.276000% |
250,000,000.00 |
250,000,000.00 |
0.00 |
682,500.00 |
0.00 |
0.00 |
682,500.00 |
250,000,000.00 |
33.14% |
30.00% |
|
A-4 |
61767EAE4 |
3.536000% |
313,447,000.00 |
313,447,000.00 |
0.00 |
923,623.83 |
0.00 |
0.00 |
923,623.83 |
313,447,000.00 |
33.14% |
30.00% |
|
A-S |
61767EAH7 |
3.859000% |
77,205,000.00 |
77,205,000.00 |
0.00 |
248,278.41 |
0.00 |
0.00 |
248,278.41 |
77,205,000.00 |
24.58% |
22.25% |
|
B |
61767EAJ3 |
4.111000% |
48,564,000.00 |
48,564,000.00 |
0.00 |
166,372.17 |
0.00 |
0.00 |
166,372.17 |
48,564,000.00 |
19.19% |
17.38% |
|
C |
61767EAK0 |
4.306774% |
46,074,000.00 |
46,074,000.00 |
0.00 |
165,358.58 |
0.00 |
0.00 |
165,358.58 |
46,074,000.00 |
14.08% |
12.75% |
|
D |
61767EAU8 |
2.700000% |
56,036,000.00 |
56,036,000.00 |
0.00 |
126,081.00 |
0.00 |
0.00 |
126,081.00 |
56,036,000.00 |
7.87% |
7.13% |
|
E |
61767EAW4 |
3.300000% |
24,905,000.00 |
24,905,000.00 |
0.00 |
68,488.75 |
0.00 |
0.00 |
68,488.75 |
24,905,000.00 |
5.10% |
4.63% |
|
F |
61767EAY0 |
3.300000% |
11,207,000.00 |
11,207,000.00 |
0.00 |
30,819.25 |
0.00 |
0.00 |
30,819.25 |
11,207,000.00 |
3.86% |
3.50% |
|
G* |
61767EBA1 |
3.300000% |
34,867,004.00 |
34,818,634.26 |
0.00 |
57,254.12 |
0.00 |
0.00 |
57,254.12 |
34,818,634.26 |
0.00% |
0.00% |
|
V |
61767EBC7 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
R |
61767EBE3 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
VRR Interest |
BCC2ELX24 |
4.306774% |
52,431,105.50 |
47,572,783.04 |
117,610.85 |
168,711.52 |
0.00 |
0.00 |
286,322.37 |
47,455,172.19 |
0.00% |
0.00% |
|
Regular SubTotal |
|
1,048,622,109.50 |
951,455,660.36 |
2,352,217.02 |
2,750,467.07 |
0.00 |
0.00 |
5,102,684.09 |
949,103,443.34 |
|
|
|
|
|
||||||||||||
|
|
||||||||||||
|
X-A |
61767EAF1 |
0.897395% |
697,333,000.00 |
605,073,243.05 |
0.00 |
452,491.44 |
0.00 |
0.00 |
452,491.44 |
602,838,636.89 |
|
|
|
X-B |
61767EAG9 |
0.256501% |
171,843,000.00 |
171,843,000.00 |
0.00 |
36,731.62 |
0.00 |
0.00 |
36,731.62 |
171,843,000.00 |
|
|
|
X-D |
61767EAL8 |
1.606774% |
56,036,000.00 |
56,036,000.00 |
0.00 |
75,030.98 |
0.00 |
0.00 |
75,030.98 |
56,036,000.00 |
|
|
|
X-E |
61767EAN4 |
1.006774% |
24,905,000.00 |
24,905,000.00 |
0.00 |
20,894.75 |
0.00 |
0.00 |
20,894.75 |
24,905,000.00 |
|
|
|
X-F |
61767EAQ7 |
1.006774% |
11,207,000.00 |
11,207,000.00 |
0.00 |
9,402.43 |
0.00 |
0.00 |
9,402.43 |
11,207,000.00 |
|
|
|
X-G |
61767EAS3 |
1.006774% |
34,867,004.00 |
34,818,634.26 |
0.00 |
29,212.08 |
0.00 |
0.00 |
29,212.08 |
34,818,634.26 |
|
|
|
Notional SubTotal |
|
996,191,004.00 |
903,882,877.31 |
0.00 |
623,763.30 |
0.00 |
0.00 |
623,763.30 |
901,648,271.15 |
|
|
|
|
|
||||||||||||
|
Deal Distribution Total |
|
|
|
2,352,217.02 |
3,374,230.37 |
0.00 |
0.00 |
5,726,447.39 |
|
|
|
|
|
|
||||||||||||
|
* |
Denotes the Controlling Class (if required) |
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Calculated by taking (A) the sum of the ending certificate balance of all classes in a series 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). |
|
|
|
|
|
|
|
|
|
|
|
|
(2) |
Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in |
|||||||||||
|
|
the underlying index (if and as applicable), and any other matters provided in the governing documents. |
|
|
|
|
|
|
|
|
|||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 2 of 27 |
||||
|
|
|
|
|
Certificate Factor Detail |
|
|
|
|||
|
|
|
|
|
|
|
Cumulative |
|
|
|
|
|
|
|
|
|
|
Interest Shortfalls |
Interest |
|
|
|
|
|
Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
|
Regular Certificates |
|
|
|
|
|
|
|
|
|
|
|
A-1 |
61767EAA2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
61767EAB0 |
547.09826961 |
26.22712615 |
1.45756103 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
27.68468718 |
520.87114346 |
|
A-SB |
61767EAC8 |
258.20507706 |
16.26097065 |
0.72168326 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
16.98265391 |
241.94410640 |
|
A-3 |
61767EAD6 |
1,000.00000000 |
0.00000000 |
2.73000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.73000000 |
1,000.00000000 |
|
A-4 |
61767EAE4 |
1,000.00000000 |
0.00000000 |
2.94666668 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.94666668 |
1,000.00000000 |
|
A-S |
61767EAH7 |
1,000.00000000 |
0.00000000 |
3.21583330 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.21583330 |
1,000.00000000 |
|
B |
61767EAJ3 |
1,000.00000000 |
0.00000000 |
3.42583333 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.42583333 |
1,000.00000000 |
|
C |
61767EAK0 |
1,000.00000000 |
0.00000000 |
3.58897817 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.58897817 |
1,000.00000000 |
|
D |
61767EAU8 |
1,000.00000000 |
0.00000000 |
2.25000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.25000000 |
1,000.00000000 |
|
E |
61767EAW4 |
1,000.00000000 |
0.00000000 |
2.75000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.75000000 |
1,000.00000000 |
|
F |
61767EAY0 |
1,000.00000000 |
0.00000000 |
2.75000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.75000000 |
1,000.00000000 |
|
G |
61767EBA1 |
998.61273598 |
0.00000000 |
1.64207168 |
1.10411351 |
32.04637313 |
0.00000000 |
0.00000000 |
1.64207168 |
998.61273598 |
|
V |
61767EBC7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
61767EBE3 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
VRR Interest |
BCC2ELX24 |
907.33892765 |
2.24315030 |
3.21777537 |
0.03864424 |
1.14426044 |
0.00000000 |
0.00000000 |
5.46092567 |
905.09577735 |
|
|
||||||||||
|
Notional Certificates |
|
|
|
|
|
|
|
|
|
|
|
X-A |
61767EAF1 |
867.69627000 |
0.00000000 |
0.64888861 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.64888861 |
864.49176633 |
|
X-B |
61767EAG9 |
1,000.00000000 |
0.00000000 |
0.21375104 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.21375104 |
1,000.00000000 |
|
X-D |
61767EAL8 |
1,000.00000000 |
0.00000000 |
1.33897816 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.33897816 |
1,000.00000000 |
|
X-E |
61767EAN4 |
1,000.00000000 |
0.00000000 |
0.83897812 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.83897812 |
1,000.00000000 |
|
X-F |
61767EAQ7 |
1,000.00000000 |
0.00000000 |
0.83897832 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.83897832 |
1,000.00000000 |
|
X-G |
61767EAS3 |
998.61273598 |
0.00000000 |
0.83781446 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.83781446 |
998.61273598 |
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 3 of 27 |
|||
|
|
|
|
|
Certificate Interest Reconciliation Detail |
|
|
|
|
||||
|
|
||||||||||||
|
|
|
|
|
|
|
|
|
|
Additional |
|
|
|
|
|
|
|
|
Accrued |
Net Aggregate |
Distributable |
Interest |
|
Interest |
|
|
|
|
|
|
Accrual |
Prior Interest |
Certificate |
Prepayment |
Certificate |
Shortfalls / |
Payback of Prior |
Distribution |
Interest |
Cumulative |
|
|
Class |
Accrual Period |
Days |
Shortfalls |
Interest |
Interest Shortfall |
Interest |
(Paybacks) |
Realized Losses |
Amount |
Distribution |
Interest Shortfalls |
|
|
A-1 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-2 |
03/01/26 - 03/30/26 |
30 |
0.00 |
68,540.35 |
0.00 |
68,540.35 |
0.00 |
0.00 |
0.00 |
68,540.35 |
0.00 |
|
|
A-SB |
03/01/26 - 03/30/26 |
30 |
0.00 |
44,439.09 |
0.00 |
44,439.09 |
0.00 |
0.00 |
0.00 |
44,439.09 |
0.00 |
|
|
A-3 |
03/01/26 - 03/30/26 |
30 |
0.00 |
682,500.00 |
0.00 |
682,500.00 |
0.00 |
0.00 |
0.00 |
682,500.00 |
0.00 |
|
|
A-4 |
03/01/26 - 03/30/26 |
30 |
0.00 |
923,623.83 |
0.00 |
923,623.83 |
0.00 |
0.00 |
0.00 |
923,623.83 |
0.00 |
|
|
X-A |
03/01/26 - 03/30/26 |
30 |
0.00 |
452,491.44 |
0.00 |
452,491.44 |
0.00 |
0.00 |
0.00 |
452,491.44 |
0.00 |
|
|
X-B |
03/01/26 - 03/30/26 |
30 |
0.00 |
36,731.62 |
0.00 |
36,731.62 |
0.00 |
0.00 |
0.00 |
36,731.62 |
0.00 |
|
|
X-D |
03/01/26 - 03/30/26 |
30 |
0.00 |
75,030.98 |
0.00 |
75,030.98 |
0.00 |
0.00 |
0.00 |
75,030.98 |
0.00 |
|
|
X-E |
03/01/26 - 03/30/26 |
30 |
0.00 |
20,894.75 |
0.00 |
20,894.75 |
0.00 |
0.00 |
0.00 |
20,894.75 |
0.00 |
|
|
X-F |
03/01/26 - 03/30/26 |
30 |
0.00 |
9,402.43 |
0.00 |
9,402.43 |
0.00 |
0.00 |
0.00 |
9,402.43 |
0.00 |
|
|
X-G |
03/01/26 - 03/30/26 |
30 |
0.00 |
29,212.08 |
0.00 |
29,212.08 |
0.00 |
0.00 |
0.00 |
29,212.08 |
0.00 |
|
|
A-S |
03/01/26 - 03/30/26 |
30 |
0.00 |
248,278.41 |
0.00 |
248,278.41 |
0.00 |
0.00 |
0.00 |
248,278.41 |
0.00 |
|
|
B |
03/01/26 - 03/30/26 |
30 |
0.00 |
166,372.17 |
0.00 |
166,372.17 |
0.00 |
0.00 |
0.00 |
166,372.17 |
0.00 |
|
|
C |
03/01/26 - 03/30/26 |
30 |
0.00 |
165,358.58 |
0.00 |
165,358.58 |
0.00 |
0.00 |
0.00 |
165,358.58 |
0.00 |
|
|
D |
03/01/26 - 03/30/26 |
30 |
0.00 |
126,081.00 |
0.00 |
126,081.00 |
0.00 |
0.00 |
0.00 |
126,081.00 |
0.00 |
|
|
E |
03/01/26 - 03/30/26 |
30 |
0.00 |
68,488.75 |
0.00 |
68,488.75 |
0.00 |
0.00 |
0.00 |
68,488.75 |
0.00 |
|
|
F |
03/01/26 - 03/30/26 |
30 |
0.00 |
30,819.25 |
0.00 |
30,819.25 |
0.00 |
0.00 |
0.00 |
30,819.25 |
0.00 |
|
|
G |
03/01/26 - 03/30/26 |
30 |
1,075,905.16 |
95,751.24 |
0.00 |
95,751.24 |
38,497.13 |
0.00 |
0.00 |
57,254.12 |
1,117,361.02 |
|
|
VRR Interest |
03/01/26 - 03/30/26 |
30 |
57,761.37 |
170,737.68 |
0.00 |
170,737.68 |
2,026.16 |
0.00 |
0.00 |
168,711.52 |
59,994.84 |
|
|
Totals |
|
|
1,133,666.53 |
3,414,753.65 |
0.00 |
3,414,753.65 |
40,523.29 |
0.00 |
0.00 |
3,374,230.37 |
1,177,355.86 |
|
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 4 of 27 |
||||
|
|
Additional Information |
|
|
Total Available Distribution Amount (1) |
5,726,447.39 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
|
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 5 of 27 |
|
Bond / Collateral Reconciliation - Cash Flows |
|
||
|
|
|||
|
Total Funds Collected |
|
Total Funds Distributed |
|
|
Interest |
|
Fees |
|
|
Interest Paid or Advanced |
3,429,718.10 |
Master Servicing Fee |
7,272.93 |
|
Interest Reductions due to Nonrecoverability Determination |
0.00 |
Certificate Administrator Fee |
5,199.37 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
290.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
409.65 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
1,399.20 |
|
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Asset Representations Reviewer Fee |
393.27 |
|
Extension Interest |
0.00 |
|
|
|
Interest Reserve Withdrawal |
0.00 |
|
|
|
Total Interest Collected |
3,429,718.10 |
Total Fees |
14,964.42 |
|
|
|||
|
Principal |
|
Expenses/Reimbursements |
|
|
Scheduled Principal |
1,037,139.44 |
Reimbursement for Interest on Advances |
0.00 |
|
Unscheduled Principal Collections |
|
ASER Amount |
39,507.72 |
|
Principal Prepayments |
(283,731.21) |
Special Servicing Fees (Monthly) |
(241.22) |
|
Collection of Principal after Maturity Date |
283,731.21 |
Special Servicing Fees (Liquidation) |
0.00 |
|
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
1,256.79 |
|
Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
|
Curtailments |
1,315,077.58 |
Rating Agency Expenses |
0.00 |
|
Principal Adjustments |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
|
|
|
Non-Recoverable Advances |
0.00 |
|
|
|
Workout Delayed Reimbursement Amounts |
0.00 |
|
|
|
Other Expenses |
0.00 |
|
Total Principal Collected |
2,352,217.02 |
Total Expenses/Reimbursements |
40,523.29 |
|
|
|||
|
|
|
Interest Reserve Deposit |
0.00 |
|
|
|||
|
Other |
|
Payments to Certificateholders and Others |
|
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
3,374,230.37 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
2,352,217.02 |
|
Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
0.00 |
|
Net SWAP Counterparty Payments Received |
0.00 |
Borrower Option Extension Fees |
0.00 |
|
|
|
Net SWAP Counterparty Payments Paid |
0.00 |
|
Total Other Collected |
0.00 |
Total Payments to Certificateholders and Others |
5,726,447.39 |
|
Total Funds Collected |
5,781,935.12 |
Total Funds Distributed |
5,781,935.10 |
|
|
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
Page 6 of 27 |
|
|
|
Bond / Collateral Reconciliation - Balances |
|
||
|
|
|||||
|
|
|
Collateral Reconciliation |
|
Certificate Reconciliation |
|
|
|
|
|
Total |
|
Total |
|
Beginning Scheduled Collateral Balance |
951,455,660.35 |
951,455,660.35 |
Beginning Certificate Balance |
951,455,660.36 |
|
|
(-) Scheduled Principal Collections |
1,037,139.44 |
1,037,139.44 |
(-) Principal Distributions |
2,352,217.02 |
|
|
(-) Unscheduled Principal Collections |
1,315,077.58 |
1,315,077.58 |
(-) Realized Losses |
0.00 |
|
|
(-) Principal Adjustments (Cash) |
0.00 |
0.00 |
Realized Loss and Realized Loss Adjustments on Collateral |
0.00 |
|
|
(-) Principal Adjustments (Non-Cash) |
0.00 |
0.00 |
Current Period NRA¹ |
0.00 |
|
|
(-) Realized Losses from Collateral |
0.00 |
0.00 |
Current Period WODRA¹ |
0.00 |
|
|
(-) Other Adjustments² |
0.00 |
0.00 |
Principal Used to Pay Interest |
0.00 |
|
|
|
|
|
|
Non-Cash Principal Adjustments |
0.00 |
|
Ending Scheduled Collateral Balance |
949,103,443.33 |
949,103,443.33 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
951,912,886.31 |
951,912,886.31 |
Ending Certificate Balance |
949,103,443.34 |
|
|
Ending Actual Collateral Balance |
949,569,276.65 |
949,569,276.65 |
|
|
|
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|
NRA/WODRA Reconciliation |
|
Under / Over Collateralization Reconciliation |
|
|
|
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
|
|
|
|
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
0.01 |
|
Beginning Cumulative Advances |
0.00 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
0.01 |
|
|
Ending Cumulative Advances |
0.00 |
0.00 |
Net WAC Rate |
4.31% |
|
|
|
|
|
|
UC / (OC) Interest |
0.00 |
|
(1) |
Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds. |
|
|
|
|
|
(2) |
Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral. |
|
|
|
|
|
** |
A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any. |
|
|
|
|
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
Page 7 of 27 |
||
|
|
|
|
|
Current Mortgage Loan and Property Stratification |
|
|
|
|
||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
|
Scheduled Balance |
|
|
|
|
|
Debt Service Coverage Ratio¹ |
|
|
|
||
|
|
Scheduled |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Debt Service Coverage |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
|
WAM² |
WAC |
|
|
|
Balance |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Ratio |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
|
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
|
|
5,000,000 or less |
8 |
29,451,919.75 |
3.10% |
17 |
4.4574 |
2.132051 |
1.40 or less |
8 |
197,074,541.86 |
20.76% |
17 |
4.2889 |
0.915616 |
|
5,000,001 to 10,000,000 |
9 |
67,985,469.98 |
7.16% |
17 |
4.2938 |
2.214453 |
1.41 to 1.50 |
5 |
88,403,115.15 |
9.31% |
17 |
4.3464 |
1.450948 |
|
|
10,000,001 to 15,000,000 |
4 |
44,750,088.87 |
4.71% |
17 |
4.3566 |
1.839732 |
1.51 to 1.60 |
2 |
15,958,867.61 |
1.68% |
18 |
4.3814 |
1.564676 |
|
|
15,000,001 to 25,000,000 |
9 |
176,372,397.47 |
18.58% |
17 |
4.4994 |
1.681943 |
1.61 to 1.70 |
1 |
18,055,130.82 |
1.90% |
16 |
4.4800 |
1.674200 |
|
|
25,000,001 to 50,000,000 |
10 |
388,399,496.45 |
40.92% |
11 |
4.1476 |
1.768893 |
1.71 to 1.80 |
1 |
6,752,795.96 |
0.71% |
17 |
4.4100 |
1.764900 |
|
|
|
50,000,001 or greater |
2 |
160,411,123.77 |
16.90% |
17 |
3.8603 |
2.662306 |
1.81 to 1.90 |
4 |
34,756,694.24 |
3.66% |
17 |
4.6217 |
1.841552 |
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
1.91 to 2.50 |
11 |
324,920,407.00 |
34.23% |
9 |
4.1539 |
2.176413 |
|
|
|
|
|
|
|
|
|
2.51 to 3.00 |
6 |
90,674,669.02 |
9.55% |
17 |
4.0466 |
2.802915 |
|
|
|
|
|
|
|
|
|
3.01 or greater |
4 |
90,774,274.63 |
9.56% |
16 |
3.9059 |
3.362967 |
|
|
|
|
|
|
|
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
|
(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. |
|
|
|
|
|
|
|
|
|||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 8 of 27 |
||||
|
|
|
|
Current Mortgage Loan and Property Stratification |
|
|
|
|
||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|
|
State³ |
|
|
|
|
|
State³ |
|
|
|
|
|
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
State |
|
|
|
WAM² |
WAC |
|
State |
|
|
|
WAM² |
WAC |
|
|
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Defeased |
5 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
Texas |
24 |
69,029,502.86 |
7.27% |
18 |
4.3263 |
1.994631 |
|
Alaska |
1 |
1,050,484.07 |
0.11% |
17 |
3.8906 |
2.813100 |
Virginia |
2 |
687,027.38 |
0.07% |
14 |
4.4860 |
1.077700 |
|
Arizona |
6 |
18,078,748.88 |
1.90% |
17 |
4.1677 |
3.012920 |
Washington |
5 |
18,639,470.21 |
1.96% |
17 |
4.1486 |
1.896341 |
|
Arkansas |
2 |
1,336,626.70 |
0.14% |
17 |
3.9223 |
2.720710 |
Wisconsin |
1 |
180,679.27 |
0.02% |
14 |
4.4860 |
1.077700 |
|
California |
18 |
260,600,291.36 |
27.46% |
17 |
4.1627 |
1.738161 |
Wyoming |
1 |
209,677.19 |
0.02% |
14 |
4.4860 |
1.077700 |
|
Connecticut |
1 |
189,601.70 |
0.02% |
14 |
4.4860 |
1.077700 |
Totals |
175 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
|
Florida |
9 |
39,463,293.85 |
4.16% |
17 |
4.4981 |
1.755658 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property Type³ |
|
|
|
|
|
Georgia |
2 |
6,576,190.64 |
0.69% |
17 |
4.2394 |
2.869976 |
|
|
|
|
|
|
|
|
Illinois |
27 |
52,758,978.18 |
5.56% |
18 |
4.3964 |
1.629632 |
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
|
|
|
Property Type |
|
|
|
WAM² |
WAC |
|
|
Indiana |
5 |
1,387,438.42 |
0.15% |
14 |
4.4860 |
1.077700 |
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Kansas |
16 |
33,593,363.20 |
3.54% |
17 |
4.4500 |
0.983900 |
Defeased |
5 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
|
Kentucky |
2 |
2,048,825.36 |
0.22% |
16 |
3.9976 |
2.501353 |
Industrial |
1 |
1,627,566.64 |
0.17% |
18 |
4.6040 |
1.829600 |
|
Louisiana |
1 |
39,309,603.01 |
4.14% |
16 |
3.9840 |
1.366400 |
Lodging |
78 |
84,800,447.31 |
8.93% |
17 |
4.2968 |
2.141962 |
|
Maryland |
3 |
4,260,148.51 |
0.45% |
17 |
3.9199 |
2.727687 |
Mixed Use |
2 |
46,809,042.42 |
4.93% |
16 |
4.3764 |
1.494354 |
|
Michigan |
5 |
44,309,635.78 |
4.67% |
18 |
4.2110 |
1.927818 |
Multi-Family |
22 |
64,800,261.18 |
6.83% |
18 |
4.1243 |
1.913619 |
|
Minnesota |
5 |
3,020,003.51 |
0.32% |
17 |
3.9735 |
2.571371 |
Office |
27 |
374,472,122.45 |
39.46% |
17 |
4.1236 |
1.967023 |
|
Nevada |
1 |
3,155,006.19 |
0.33% |
17 |
4.5700 |
1.837400 |
Retail |
17 |
231,697,277.25 |
24.41% |
6 |
4.2824 |
1.807423 |
|
New Jersey |
1 |
361,358.57 |
0.04% |
14 |
4.4860 |
1.077700 |
Self Storage |
23 |
63,163,778.87 |
6.66% |
17 |
4.1398 |
2.612422 |
|
New York |
13 |
145,774,274.63 |
15.36% |
16 |
3.9836 |
2.812184 |
Totals |
175 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
|
North Carolina |
1 |
305,593.36 |
0.03% |
14 |
4.4860 |
1.077700 |
|
|
|
|
|
|
|
|
Ohio |
3 |
861,014.87 |
0.09% |
14 |
4.4860 |
1.077700 |
|
|
|
|
|
|
|
|
Oklahoma |
3 |
38,864,491.27 |
4.09% |
(47) |
4.1822 |
2.149944 |
|
|
|
|
|
|
|
|
Oregon |
2 |
3,074,350.21 |
0.32% |
17 |
3.9779 |
2.558756 |
|
|
|
|
|
|
|
|
Pennsylvania |
8 |
64,905,769.86 |
6.84% |
16 |
4.4050 |
1.420118 |
|
|
|
|
|
|
|
|
Tennessee |
2 |
13,339,047.09 |
1.41% |
18 |
4.1200 |
2.789600 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Note: Please refer to footnotes on the next page of the report. |
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 9 of 27 |
|||
|
|
|
|
|
Current Mortgage Loan and Property Stratification |
|
|
|
|
||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
|
Note Rate |
|
|
|
|
|
Seasoning |
|
|
|
||
|
|
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
Note Rate |
|
|
|
WAM² |
WAC |
|
Seasoning |
|
|
|
WAM² |
WAC |
|
|
|
|
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
|
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
|
|
4.0000% or less |
6 |
274,093,732.05 |
28.88% |
17 |
3.8923 |
2.556302 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.0001% to 4.4999% |
26 |
488,111,346.48 |
51.43% |
12 |
4.2657 |
1.670349 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.5000% to 4.9999% |
9 |
100,151,943.68 |
10.55% |
17 |
4.6525 |
1.808797 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
5.0000% or greater |
1 |
5,013,474.08 |
0.53% |
15 |
5.3720 |
1.851700 |
37 months to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
49 months or greater |
42 |
867,370,496.29 |
91.39% |
14 |
4.1988 |
1.967349 |
|
|
|
|
|
|
|
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
|
(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. |
|
|
|
|
|
|
|
|
|||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 10 of 27 |
||||
|
|
|
|
|
Current Mortgage Loan and Property Stratification |
|
|
|
|
||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
Anticipated Remaining Term (ARD and Balloon Loans) |
|
|
|
Remaining Amortization Term (ARD and Balloon Loans) |
|
|
||||||
|
|
Anticipated |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Remaining |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
|
WAM² |
WAC |
|
|
|
Remaining Term |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Amortization Term |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
|
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
|
|
60 months or less |
42 |
867,370,496.29 |
91.39% |
14 |
4.1988 |
1.967349 |
Interest Only |
13 |
423,925,850.34 |
44.67% |
11 |
4.0518 |
2.380143 |
|
61 months to 112 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
240 months or less |
3 |
46,511,063.47 |
4.90% |
17 |
4.0929 |
2.554350 |
|
|
|
112 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
241 months to 300 months |
26 |
396,933,582.48 |
41.82% |
17 |
4.3681 |
1.457703 |
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
301 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
|
(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. |
|
|
|
|
|
|
|
|
|||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 11 of 27 |
||||
|
|
|
|
|
Current Mortgage Loan and Property Stratification |
|
|
||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
|
|
Age of Most Recent NOI |
|
|
|
|
Remaining Stated Term (Fully Amortizing Loans) |
|
|||
|
|
Age of Most |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
|
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
WAM² |
WAC |
|
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|
|
Defeased |
6 |
81,732,947.04 |
8.61% |
15 |
4.0469 |
NAP |
|
|
No outstanding loans in this group |
|
|
|
Underwriter's Information |
1 |
9,593,876.23 |
1.01% |
16 |
3.7515 |
4.100000 |
|
|
|
|
|
|
|
|
12 months or less |
38 |
790,637,587.58 |
83.30% |
14 |
4.1931 |
2.009766 |
|
|
|
|
|
|
|
13 months to 24 months |
3 |
67,139,032.48 |
7.07% |
16 |
4.3287 |
1.163098 |
|
|
|
|
|
|
|
25 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
Totals |
48 |
949,103,443.33 |
100.00% |
14 |
4.1857 |
1.956737 |
|
|
|
|
|
|
(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. |
|
|
|
|
|
|
|||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 12 of 27 |
||||
|
|
|
|
|
|
|
Mortgage Loan Detail (Part 1) |
|
|
|
|
|
||||
|
|
|||||||||||||||
|
|
|
|
|
|
Interest |
|
|
|
|
|
Original |
Adjusted |
Beginning |
Ending |
Paid |
|
|
|
Prop |
|
|
Accrual |
Gross |
Scheduled |
Scheduled |
Principal Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
1 |
300801672 |
OF |
San Francisco |
CA |
Actual/360 |
3.926% |
338,072.22 |
0.00 |
0.00 |
09/10/27 |
09/10/29 |
-- |
100,000,000.00 |
100,000,000.00 |
04/10/26 |
|
2 |
308921002 |
OF |
Atlanta |
GA |
Actual/360 |
3.990% |
170,713.37 |
82,964.96 |
0.00 |
N/A |
07/01/27 |
-- |
49,686,162.33 |
49,603,197.37 |
04/01/26 |
|
3 |
303161156 |
OF |
New York |
NY |
Actual/360 |
3.752% |
195,157.89 |
0.00 |
0.00 |
N/A |
08/09/27 |
-- |
60,411,123.77 |
60,411,123.77 |
04/09/26 |
|
2A |
308921102 |
|
|
|
Actual/360 |
3.990% |
64,177.96 |
31,189.83 |
0.00 |
N/A |
07/01/27 |
-- |
18,679,008.58 |
18,647,818.75 |
04/01/26 |
|
3A |
1749502 |
|
|
|
Actual/360 |
3.752% |
30,992.98 |
0.00 |
0.00 |
N/A |
08/09/27 |
-- |
9,593,876.23 |
9,593,876.23 |
04/09/26 |
|
4 |
695100814 |
RT |
New York |
NY |
Actual/360 |
4.131% |
177,862.50 |
0.00 |
0.00 |
N/A |
08/06/27 |
-- |
50,000,000.00 |
50,000,000.00 |
04/06/26 |
|
5 |
308921005 |
RT |
Oklahoma City |
OK |
Actual/360 |
4.180% |
139,920.15 |
283,731.21 |
0.00 |
N/A |
05/01/22 |
05/01/24 |
38,872,705.95 |
38,588,974.74 |
04/01/26 |
|
6 |
300801674 |
SS |
Various |
Various |
Actual/360 |
3.891% |
120,698.00 |
124,555.07 |
0.00 |
09/01/27 |
09/01/42 |
-- |
36,026,684.11 |
35,902,129.04 |
04/01/26 |
|
7 |
300801685 |
OF |
Santa Monica |
CA |
Actual/360 |
4.260% |
156,813.00 |
66,803.43 |
0.00 |
N/A |
10/01/27 |
-- |
42,747,750.00 |
42,680,946.57 |
04/01/26 |
|
8 |
308921008 |
MU |
Philadelphia |
PA |
Actual/360 |
4.350% |
157,372.68 |
65,248.75 |
0.00 |
N/A |
08/01/27 |
-- |
42,012,728.48 |
41,947,479.73 |
04/01/26 |
|
9 |
300801661 |
RT |
Baton Rouge |
LA |
Actual/360 |
3.984% |
135,113.88 |
74,543.19 |
0.00 |
N/A |
08/01/27 |
-- |
39,384,146.20 |
39,309,603.01 |
04/01/26 |
|
10 |
308921010 |
MF |
Houston |
TX |
Actual/360 |
4.040% |
147,852.78 |
0.00 |
0.00 |
N/A |
10/01/27 |
-- |
42,500,000.00 |
42,500,000.00 |
04/01/26 |
|
11 |
453011645 |
Various Overland Park |
KS |
Actual/360 |
4.450% |
129,005.65 |
72,481.85 |
0.00 |
N/A |
09/06/27 |
-- |
33,665,845.21 |
33,593,363.36 |
04/06/26 |
|
|
12 |
1749968 |
LO |
Birmingham |
MI |
Actual/360 |
4.170% |
125,679.17 |
0.00 |
0.00 |
N/A |
10/01/27 |
-- |
35,000,000.00 |
35,000,000.00 |
04/01/26 |
|
13 |
300801670 |
OF |
Carpinteria |
CA |
Actual/360 |
3.994% |
99,316.02 |
0.00 |
0.00 |
N/A |
09/01/27 |
-- |
28,877,000.00 |
28,877,000.00 |
04/01/26 |
|
14 |
308921014 |
OF |
Long Beach |
CA |
Actual/360 |
4.180% |
89,575.30 |
39,705.10 |
0.00 |
N/A |
09/01/27 |
-- |
24,885,869.27 |
24,846,164.17 |
08/01/25 |
|
15 |
695100791 |
LO |
Various |
Various |
Actual/360 |
4.486% |
80,053.62 |
1,031,346.37 |
0.00 |
N/A |
06/01/27 |
-- |
20,723,471.97 |
19,692,125.60 |
04/01/26 |
|
16 |
695100831 |
RT |
Niles |
IL |
Actual/360 |
4.355% |
84,895.21 |
37,140.84 |
0.00 |
N/A |
10/06/27 |
-- |
22,637,883.55 |
22,600,742.71 |
04/06/26 |
|
17 |
1750173 |
OF |
Goleta |
CA |
Actual/360 |
4.774% |
89,250.78 |
31,061.05 |
0.00 |
N/A |
08/01/27 |
-- |
21,710,528.41 |
21,679,467.36 |
04/01/26 |
|
18 |
308921018 |
RT |
Visalia |
CA |
Actual/360 |
4.530% |
71,240.17 |
38,589.22 |
0.00 |
N/A |
10/01/27 |
-- |
18,262,808.97 |
18,224,219.75 |
04/01/26 |
|
19 |
308921019 |
OF |
Malvern |
PA |
Actual/360 |
4.480% |
69,803.16 |
39,005.21 |
0.00 |
N/A |
08/01/27 |
-- |
18,094,136.03 |
18,055,130.82 |
04/01/26 |
|
20 |
308921020 |
Various Bonita Springs |
FL |
Actual/360 |
4.604% |
70,539.11 |
37,166.41 |
0.00 |
N/A |
10/01/27 |
-- |
17,792,438.84 |
17,755,272.43 |
04/01/26 |
|
|
21 |
695100824 |
LO |
Various |
NY |
Actual/360 |
4.480% |
64,831.08 |
36,015.70 |
0.00 |
N/A |
09/06/27 |
-- |
16,805,290.33 |
16,769,274.63 |
04/06/26 |
|
22 |
695100835 |
RT |
San Marcos |
TX |
Actual/360 |
4.725% |
68,151.56 |
0.00 |
0.00 |
N/A |
10/06/27 |
-- |
16,750,000.00 |
16,750,000.00 |
04/06/26 |
|
23 |
1749591 |
LO |
Chattanooga |
TN |
Actual/360 |
4.120% |
47,430.65 |
30,066.84 |
0.00 |
N/A |
10/01/27 |
-- |
13,369,113.93 |
13,339,047.09 |
04/01/26 |
|
24 |
300801683 |
OF |
Tacoma |
WA |
Actual/360 |
4.272% |
40,358.71 |
20,924.95 |
0.00 |
N/A |
10/01/27 |
-- |
10,971,015.31 |
10,950,090.36 |
04/01/26 |
|
25 |
1749099 |
OF |
Fort Lauderdale |
FL |
Actual/360 |
4.660% |
40,604.85 |
21,343.51 |
0.00 |
N/A |
07/01/27 |
-- |
10,118,887.67 |
10,097,544.16 |
04/01/26 |
|
26 |
695100832 |
MF |
Chicago |
IL |
Actual/360 |
4.455% |
39,816.56 |
15,625.09 |
0.00 |
N/A |
10/06/27 |
-- |
10,379,032.35 |
10,363,407.26 |
04/06/26 |
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 13 of 27 |
|||||
|
|
|
|
|
|
|
Mortgage Loan Detail (Part 1) |
|
|
|
|
|
||||
|
|
|||||||||||||||
|
|
|
|
|
|
Interest |
|
|
|
|
|
Original |
Adjusted |
Beginning |
Ending |
Paid |
|
|
|
Prop |
|
|
Accrual |
Gross |
Scheduled |
Scheduled |
Principal Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
27 |
308921027 |
RT |
Marina Del Rey |
CA |
Actual/360 |
4.250% |
32,384.03 |
15,826.08 |
0.00 |
N/A |
10/01/27 |
-- |
8,848,767.62 |
8,832,941.54 |
04/01/26 |
|
28 |
695100827 |
OF |
Sacramento |
CA |
Actual/360 |
4.300% |
35,223.60 |
0.00 |
0.00 |
N/A |
09/06/27 |
-- |
9,512,750.00 |
9,512,750.00 |
04/06/26 |
|
29 |
695100829 |
RT |
West Bloomfield |
MI |
Actual/360 |
4.350% |
31,079.33 |
15,714.98 |
0.00 |
N/A |
09/06/27 |
-- |
8,297,040.29 |
8,281,325.31 |
04/06/26 |
|
30 |
1750179 |
MF |
New York |
NY |
Actual/360 |
4.045% |
31,348.75 |
0.00 |
0.00 |
N/A |
10/01/27 |
-- |
9,000,000.00 |
9,000,000.00 |
04/01/26 |
|
31 |
1750037 |
RT |
Sunrise |
FL |
Actual/360 |
4.245% |
20,564.66 |
30,345.44 |
0.00 |
N/A |
10/01/27 |
-- |
5,625,805.79 |
5,595,460.35 |
04/01/26 |
|
32 |
300801675 |
SS |
Carol Stream |
IL |
Actual/360 |
4.410% |
25,699.41 |
14,659.41 |
0.00 |
N/A |
09/01/27 |
-- |
6,767,455.37 |
6,752,795.96 |
04/01/26 |
|
33 |
308921033 |
SS |
Phoenix |
AZ |
Actual/360 |
4.550% |
21,213.34 |
11,404.93 |
0.00 |
N/A |
10/01/27 |
-- |
5,414,251.44 |
5,402,846.51 |
04/01/26 |
|
34 |
695100801 |
RT |
Odessa |
TX |
Actual/360 |
5.372% |
23,260.91 |
14,946.51 |
0.00 |
N/A |
07/06/27 |
-- |
5,028,420.59 |
5,013,474.08 |
04/06/26 |
|
35 |
300801678 |
SS |
Streamwood |
IL |
Actual/360 |
4.410% |
18,835.59 |
10,744.17 |
0.00 |
N/A |
09/01/27 |
-- |
4,959,997.87 |
4,949,253.70 |
04/01/26 |
|
37 |
1750126 |
SS |
Citrus Heights |
CA |
Actual/360 |
3.800% |
17,997.22 |
0.00 |
0.00 |
N/A |
09/01/27 |
-- |
5,500,000.00 |
5,500,000.00 |
04/01/26 |
|
38 |
300801676 |
SS |
Chicago |
IL |
Actual/360 |
4.410% |
16,441.24 |
9,378.38 |
0.00 |
N/A |
09/01/27 |
-- |
4,329,489.76 |
4,320,111.38 |
04/01/26 |
|
39 |
695100828 |
RT |
Pittsburgh |
PA |
Actual/360 |
4.617% |
16,947.27 |
8,607.36 |
0.00 |
N/A |
09/06/27 |
-- |
4,262,659.64 |
4,254,052.28 |
12/06/24 |
|
40 |
1750293 |
RT |
Phoenix |
AZ |
Actual/360 |
4.200% |
14,466.67 |
0.00 |
0.00 |
N/A |
09/01/27 |
-- |
4,000,000.00 |
4,000,000.00 |
04/01/26 |
|
41 |
308921041 |
LO |
Hopewell |
VA |
Actual/360 |
5.130% |
12,674.88 |
8,643.93 |
0.00 |
N/A |
09/01/27 |
-- |
2,869,243.67 |
2,860,599.74 |
04/01/26 |
|
42 |
300801677 |
SS |
Chicago |
IL |
Actual/360 |
4.410% |
11,429.06 |
6,519.33 |
0.00 |
N/A |
09/01/27 |
-- |
3,009,626.61 |
3,003,107.28 |
04/01/26 |
|
43 |
1750363 |
MF |
Titusville |
FL |
Actual/360 |
4.420% |
11,202.22 |
6,365.79 |
0.00 |
N/A |
09/05/27 |
-- |
2,943,219.71 |
2,936,853.92 |
04/05/26 |
|
44 |
308921044 |
RT |
Las Vegas |
NV |
Actual/360 |
4.570% |
12,434.24 |
4,679.34 |
0.00 |
N/A |
09/01/27 |
-- |
3,159,685.53 |
3,155,006.19 |
04/01/26 |
|
45 |
695100833 |
SS |
Tyrone |
GA |
Actual/360 |
4.700% |
11,490.71 |
5,624.34 |
0.00 |
N/A |
10/06/27 |
-- |
2,839,159.34 |
2,833,535.00 |
04/06/26 |
|
47 |
695100826 |
SS |
Villa Rica |
GA |
Actual/360 |
4.600% |
10,855.73 |
5,548.89 |
0.00 |
N/A |
09/06/27 |
-- |
2,740,577.37 |
2,735,028.48 |
04/06/26 |
|
48 |
308921048 |
MF |
Cottonwood |
AZ |
Actual/360 |
4.310% |
8,870.23 |
3,699.56 |
0.00 |
N/A |
10/01/27 |
-- |
2,390,002.26 |
2,386,302.70 |
04/01/26 |
|
Totals |
|
|
|
|
|
|
3,429,718.10 |
2,352,217.02 |
0.00 |
|
|
|
951,455,660.35 |
949,103,443.33 |
|
|
1 Property Type Codes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HC - Health Care |
MU - Mixed Use |
WH - Warehouse |
MF - Multi-Family |
|
|
|
|
|
|
|
|
||||
|
SS - Self Storage |
LO - Lodging |
RT - Retail |
|
SF - Single Family Rental |
|
|
|
|
|
|
|
|
|||
|
98 - Other |
|
IN - Industrial |
OF - Office |
|
MH - Mobile Home Park |
|
|
|
|
|
|
|
|
||
|
SE - Securities |
CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
|
|
|
|
|
|
|
|
|
||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 14 of 27 |
|||||
|
|
|
|
|
|
Mortgage Loan Detail (Part 2) |
|
|
|
|
|
|||
|
|
|||||||||||||
|
|
|
|
Most Recent Most Recent Appraisal |
|
|
|
|
Cumulative |
Current |
|
|
||
|
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|
|
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
1 |
27,698,198.47 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
2 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
3 |
46,884,641.13 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
2A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
3A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
4 |
9,958,309.07 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
5 |
8,800,184.00 |
0.00 |
-- |
-- |
06/11/25 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
6 |
8,430,595.07 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
7 |
438,620.23 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
8 |
4,148,115.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
9 |
28,201,020.00 |
20,266,368.78 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
10 |
3,696,053.35 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
11 |
16,316,267.32 |
11,738,888.40 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
12 |
3,933,970.84 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
13 |
3,424,219.13 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
14 |
1,565,217.00 |
1,947,713.00 |
04/01/24 |
03/31/25 |
03/11/26 |
9,743,944.41 |
504,522.45 |
93,828.40 |
777,699.21 |
0.00 |
0.00 |
|
|
|
15 |
35,623,487.66 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
16 |
1,985,966.05 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
17 |
3,206,079.97 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
18 |
2,416,572.00 |
1,562,818.00 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
19 |
5,704,427.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
20 |
2,553,264.00 |
1,969,359.97 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
21 |
11,325,139.07 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
22 |
1,809,079.40 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
23 |
2,891,589.04 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
24 |
1,166,127.31 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
25 |
1,121,230.64 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
26 |
1,099,277.55 |
837,722.11 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 15 of 27 |
||||
|
|
|
|
|
|
Mortgage Loan Detail (Part 2) |
|
|
|
|
|
|||
|
|
|||||||||||||
|
|
|
|
Most Recent Most Recent Appraisal |
|
|
|
|
Cumulative |
Current |
|
|
||
|
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|
|
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
27 |
1,146,121.00 |
886,960.00 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
28 |
1,093,673.35 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
29 |
785,272.53 |
659,872.70 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
30 |
636,299.00 |
429,708.68 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
31 |
981,775.32 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
32 |
861,965.21 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
33 |
1,187,510.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
34 |
818,731.00 |
699,244.66 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
35 |
715,654.02 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
37 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
38 |
854,560.46 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
39 |
13,853.00 |
0.00 |
-- |
-- |
04/13/26 |
1,153,114.16 |
37,887.74 |
20,812.61 |
368,356.61 |
269,042.34 |
0.00 |
|
|
|
40 |
656,647.05 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
41 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
42 |
421,750.83 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
43 |
495,946.85 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
44 |
405,954.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
45 |
610,744.75 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
47 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
48 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
Totals |
246,084,108.67 |
40,998,656.30 |
|
|
|
10,897,058.57 |
542,410.19 |
114,641.00 |
1,146,055.82 |
269,042.34 |
0.00 |
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 16 of 27 |
||||
|
|
|
Principal Prepayment Detail |
|
|
|
|
|
|
|
Unscheduled Principal |
Prepayment Penalties |
|
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
5 |
308921005 |
283,731.21 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
15 |
695100791 |
1,031,346.37 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
Totals |
|
1,315,077.58 |
|
0.00 |
0.00 |
|
Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount. |
|
|
|||
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
Page 17 of 27 |
|
|
|
|
|
|
|
|
|
|
Historical Detail |
|
|
|
|
|
|
|
|
||||
|
|
||||||||||||||||||||
|
|
|
|
|
|
|
Delinquencies¹ |
|
|
|
|
|
Prepayments |
|
|
Rate and Maturities |
|||||
|
|
|
30-59 Days |
|
60-89 Days |
|
90 Days or More |
|
Foreclosure |
|
REO |
|
Modifications |
|
Curtailments |
|
Payoff |
|
Next Weighted Avg. |
|
|
|
Distribution |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Amount |
# |
Amount |
|
Coupon |
Remit |
WAM¹ |
|
Date |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/17/26 |
0 |
0.00 |
0 |
0.00 |
2 |
29,100,216.45 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
2 |
1,315,077.58 |
0 |
0.00 |
|
4.185674% |
4.144389% |
14 |
|
03/17/26 |
0 |
0.00 |
0 |
0.00 |
2 |
29,148,528.91 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
2 |
2,257,046.24 |
0 |
0.00 |
|
4.186110% |
4.144528% |
15 |
|
02/18/26 |
0 |
0.00 |
0 |
0.00 |
2 |
29,206,956.58 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
2 |
639,151.98 |
0 |
0.00 |
|
4.186890% |
4.144795% |
16 |
|
01/16/26 |
0 |
0.00 |
0 |
0.00 |
2 |
29,254,879.18 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
312,082.58 |
0 |
0.00 |
|
4.187130% |
4.144897% |
17 |
|
12/17/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,302,626.72 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
2 |
365,362.24 |
0 |
0.00 |
|
4.187237% |
4.144940% |
18 |
|
11/18/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,353,647.69 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
488,438.98 |
0 |
0.00 |
|
4.187396% |
4.145025% |
19 |
|
10/20/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,401,034.45 |
0 |
0.00 |
0 |
0.00 |
1 |
23,826,207.53 |
2 |
1,364,920.34 |
0 |
0.00 |
|
4.187656% |
4.145185% |
20 |
|
09/17/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,451,707.52 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
248,673.63 |
0 |
0.00 |
|
4.188132% |
4.145360% |
21 |
|
08/15/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,498,736.09 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
230,709.11 |
0 |
0.00 |
|
4.188236% |
4.145415% |
22 |
|
07/17/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,545,592.87 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
245,623.58 |
0 |
0.00 |
|
4.188338% |
4.145475% |
23 |
|
06/17/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,595,754.87 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
124,734.40 |
0 |
0.00 |
|
4.188448% |
4.145539% |
24 |
|
05/16/25 |
0 |
0.00 |
0 |
0.00 |
2 |
29,642,257.28 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
1,984,248.61 |
0 |
0.00 |
|
4.188551% |
4.145624% |
25 |
|
(1) Foreclosure and REO Totals are included in the delinquencies aging categories. |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
||||||||||||||||||||
|
|
||||||||||||||||||||
|
|
||||||||||||||||||||
|
|
||||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
|
|
|
Page 18 of 27 |
|||||||
|
|
|
|
|
|
|
Delinquency Loan Detail |
|
|
|
|
|
|
|||
|
|
|||||||||||||||
|
|
|
Paid |
|
Mortgage |
|
|
Outstanding |
|
Servicing |
Resolution |
|
|
|
|
|
|
|
|
Through |
Months |
Loan |
|
Current P&I |
Outstanding P&I |
Servicer |
Actual Principal |
Transfer |
Strategy |
Bankruptcy |
Foreclosure |
|
|
|
Pros ID |
Loan ID |
Date |
Delinquent |
Status¹ |
Advances |
Advances |
Advances |
Balance |
Date |
Code² |
|
Date |
Date |
REO Date |
|
|
14 |
308921014 |
08/01/25 |
7 |
6 |
|
93,828.40 |
777,699.21 |
125,712.74 |
25,172,904.90 |
07/09/24 |
2 |
|
|
|
|
|
39 |
695100828 |
12/06/24 |
15 |
6 |
|
20,812.61 |
368,356.61 |
331,818.07 |
4,393,114.88 |
03/07/25 |
2 |
|
|
|
|
|
Totals |
|
|
|
|
|
114,641.00 |
1,146,055.82 |
457,530.81 |
29,566,019.78 |
|
|
|
|
|
|
|
1 Mortgage Loan Status |
|
|
|
|
|
|
2 Resolution Strategy Code |
|
|
|
|
|
|
||
|
A - Payment Not Received But Still in Grace Period 0 - Current |
|
4 - Performing Matured Balloon |
|
1 - Modification |
6 - DPO |
|
|
10 - Deed in Lieu of Foreclosures |
|||||||
|
B - Late Payment But Less Than 30 days |
1 - 30-59 Days Delinquent |
5 - Non Performing Matured Balloon |
2 - Foreclosure |
7 - REO |
|
|
11- Full Payoff |
|
|||||||
|
Delinquent |
|
|
|
|
|
|
|
3 - Bankruptcy |
8 - Resolved |
|
|
12 - Reps and Warranties |
|||
|
|
|
|
2 - 60-89 Days Delinquent |
6 - 121+ Days Delinquent |
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
4 - Extension |
9 - Pending Return to Master Servicer |
13 - |
TBD |
|
|||
|
|
|
|
3 - 90-120 Days Delinquent |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - Note Sale |
98 - Other |
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
|
|||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 19 of 27 |
|||||
|
|
|
|
|
Collateral Stratification and Historical Detail |
|
|||
|
Maturity Dates and Loan Status¹ |
|
|
|
|
|
|
||
|
|
||||||||
|
|
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|
||
|
|
||||||||
|
Past Maturity |
|
38,588,975 |
38,588,975 |
0 |
|
|
0 |
|
|
0 - 6 Months |
|
0 |
0 |
0 |
|
|
0 |
|
|
7 - 12 Months |
|
0 |
0 |
0 |
|
|
0 |
|
|
13 - 24 Months |
|
774,612,340 |
745,512,123 |
29,100,216 |
0 |
|
||
|
25 - 36 Months |
|
0 |
0 |
0 |
|
|
0 |
|
|
37 - 48 Months |
|
100,000,000 |
100,000,000 |
0 |
|
|
0 |
|
|
49 - 60 Months |
|
0 |
0 |
0 |
|
|
0 |
|
|
> 60 Months |
|
35,902,129 |
35,902,129 |
0 |
|
|
0 |
|
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
Historical Delinquency Information |
|
|
|
|
|
|
||
|
|
||||||||
|
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|
|
|
|
||||||||
|
Apr-26 |
949,103,443 |
920,003,227 |
0 |
0 |
29,100,216 |
0 |
|
|
|
Mar-26 |
951,455,660 |
922,307,131 |
0 |
0 |
29,148,529 |
0 |
|
|
|
Feb-26 |
954,932,318 |
925,725,361 |
0 |
0 |
29,206,957 |
0 |
|
|
|
Jan-26 |
956,600,300 |
927,345,421 |
0 |
0 |
29,254,879 |
0 |
|
|
|
Dec-25 |
957,937,427 |
928,634,801 |
0 |
0 |
29,302,627 |
0 |
|
|
|
Nov-25 |
959,386,531 |
930,032,883 |
0 |
0 |
29,353,648 |
0 |
|
|
|
Oct-25 |
960,892,253 |
931,491,219 |
0 |
0 |
29,401,034 |
0 |
|
|
|
Sep-25 |
963,333,431 |
933,881,724 |
0 |
0 |
29,451,708 |
0 |
|
|
|
Aug-25 |
964,591,684 |
935,092,948 |
0 |
0 |
29,498,736 |
0 |
|
|
|
Jul-25 |
965,828,257 |
936,282,664 |
0 |
0 |
29,545,593 |
0 |
|
|
|
Jun-25 |
967,139,126 |
937,543,372 |
0 |
0 |
29,595,755 |
0 |
|
|
|
May-25 |
968,262,103 |
938,619,846 |
0 |
0 |
29,642,257 |
0 |
|
|
|
(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File. |
|
|
||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
Page 20 of 27 |
||||
|
|
|
|
Specially Serviced Loan Detail - Part 1 |
|
|
|
|
|||
|
|
|
Ending Scheduled |
|
|
|
Net Operating |
|
|
|
Remaining |
|
Pros ID |
Loan ID |
Balance |
Actual Balance |
Appraisal Value |
Appraisal Date |
Income |
DSCR |
DSCR Date |
Maturity Date |
Amort Term |
|
5 |
308921005 |
38,588,974.74 |
38,588,974.74 |
101,680,000.00 |
04/04/25 |
8,800,184.00 |
2.35530 |
-- |
05/01/22 |
I/O |
|
14 |
308921014 |
24,846,164.17 |
25,172,904.90 |
18,400,000.00 |
12/01/25 |
1,947,713.00 |
1.25540 |
09/30/25 |
09/01/27 |
257 |
|
15 |
695100791 |
19,692,125.60 |
19,692,155.60 |
547,200,000.00 |
04/01/25 |
35,623,487.66 |
1.35670 |
09/30/25 |
06/01/27 |
I/O |
|
39 |
695100828 |
4,254,052.28 |
4,393,114.88 |
3,920,000.00 |
03/03/26 |
13,853.00 |
0.04510 |
09/30/25 |
09/06/27 |
257 |
|
Totals |
|
87,381,316.79 |
87,847,150.12 |
671,200,000.00 |
|
46,385,237.66 |
|
|
|
|
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 21 of 27 |
|||
|
|
|
|
|
|
Specially Serviced Loan Detail - Part 2 |
|
||
|
|
||||||||
|
|
|
|
|
Servicing |
|
|
|
|
|
|
|
Property |
|
Transfer |
Resolution |
|
|
|
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
|
Special Servicing Comments |
|
|
5 |
308921005 |
RT |
OK |
05/05/22 |
8 |
|
|
|
|
|
Loan transferred on 5/5/22 due to Maturity Default as Borrower failed to pay off at Maturity (5/1/22). Notice of Default was sent on 5/10/22. A Cash Sweep Event was triggered and Borrower cooperated in opening the Cash Management Account. |
|||||||
|
|
Collateral consists of an open air regional outlet mall anchored by Nike Factory Store, Polo, and Old Navy ("Property"). Property was developed between 2011 to 2014 and is located eight miles southwest of the Oklahoma City CBD. YE2025 |
|||||||
|
|
NOI was $7.9MM with occupancy of ~96%. Lender approved a forbearance with Borrower, and the transaction closed in April 2023. Borrower exercised their final extension option and the forbearance will expire on 5/1/26. |
|||||||
|
|
||||||||
|
14 |
308921014 |
OF |
CA |
07/09/24 |
2 |
|
|
|
|
|
The loan transferred to LNR on 7/9/2024 for Imminent Default. The loan is secured by a 187K SF office property in Long Beach, CA. DSCR has dropped below 1.0x on NCF as Borrower advised they are unable to fund shortfalls. Parties did not |
|||||||
|
|
ultimately agree on the modification terms and borrower stipulated to the appointment of a receiver, who was appointed in 7/2025. |
|
|
|||||
|
|
||||||||
|
|
||||||||
|
15 |
695100791 |
LO |
Various |
03/06/25 |
11 |
|
|
|
|
|
Loan transferred to Special Servicing effective 2/24/25 due to imminent default. Hello Letter was noticed and PNA has been executed. Collateral consists of a 65 mixed service hotels, totaling 6,366 keys. Loan is paid through 3/1/2026. A |
|||||||
|
|
ModificationAgreement was signed on 9/25/2025 which provides for the expedited sale of underperforming assets along with modifications to certain release provisions, cash-management terms and other terms to improve funding towards |
|||||||
|
|
operations at remaining portfolio. As of 3/31/2026, twenty-one (21) collateral assets have been released for a cumulative paydown of $122.6MM. |
|
|
|||||
|
|
||||||||
|
39 |
695100828 |
RT |
PA |
03/07/25 |
2 |
|
|
|
|
|
The loan transferred for imminent default due to cash flow issues.As of 3/31/26, two of the three single tenant buildings are vacant and the third is open and operating as Dollar General. Cash flow is being captured via cash management. |
|||||||
|
|
Receiver i s now overseeing the properties.Lender's counsel has filed Lender's writ package with Allegheny County and have a tentative foreclosure sale date of 4/10/2026. |
|
||||||
|
|
||||||||
|
|
||||||||
|
1 Property Type Codes |
|
|
|
|
2 Resolution Strategy Code |
|
|
|
|
HC - Health Care |
|
MU - Mixed Use |
WH - Warehouse |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
||
|
MF - Multi-Family |
|
SS - Self Storage |
LO - Lodging |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
||
|
RT - Retail |
|
SF - Single Family Rental |
98 - Other |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
||
|
IN - Industrial |
|
OF - Office |
|
MH - Mobile Home Park |
4 - Extension |
9 - Pending Return to Master Servicer |
13 - TBD |
|
|
SE - Securities |
|
CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
5 - Note Sale |
98 - Other |
|
||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
|
||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
Page 22 of 27 |
||||
|
|
|
|
|
Modified Loan Detail |
|
|
|
||
|
|
|
Pre-Modification |
Post-Modification |
|
|
|
Modification |
Modification |
|
|
|
|
|
|
|
|
Modification |
Modification Booking |
Closing |
Effective |
|
|
|
Balance |
Rate |
Balance |
Rate |
|
|
|
|
|
Pros ID |
Loan Number |
|
|
|
|
Code¹ |
Date |
Date |
Date |
|
5 |
308921005 |
49,500,000.00 |
4.18000% |
49,500,000.00 |
4.18000% |
10 |
07/31/20 |
06/01/20 |
09/11/20 |
|
5 |
308921005 |
0.00 |
4.18000% |
0.00 |
4.18000% |
10 |
04/21/23 |
06/01/20 |
09/11/20 |
|
12 |
1749968 |
0.00 |
4.17000% |
0.00 |
4.17000% |
8 |
12/15/20 |
12/15/20 |
-- |
|
15 |
695100791 |
0.00 |
4.48600% |
0.00 |
4.48600% |
8 |
09/25/25 |
09/25/25 |
-- |
|
34 |
695100801 |
5,915,257.00 |
5.37200% |
5,915,257.00 |
5.37200% |
10 |
08/04/20 |
07/06/20 |
09/11/20 |
|
Totals |
|
55,415,257.00 |
|
55,415,257.00 |
|
|
|
|
|
|
1 Modification Codes |
|
|
|
|
|
|
|
|
|
|
1 - Maturity Date Extension |
5 - Temporary Rate Reduction |
8 - Other |
|
|
|
|
|
|
|
|
2 - Amortization Change |
6 - Capitalization on Interest |
9 - Combination |
|
|
|
|
|
|
|
|
3 - Principal Write-Off |
7 - Capitalization on Taxes |
10 - Forbearance |
|
|
|
|
|
|
|
|
Note: Please refer to Servicer Reports for modification comments. |
|
|
|
|
|
|
|
||
|
|
|||||||||
|
|
|||||||||
|
|
|||||||||
|
|
|||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 23 of 27 |
||
|
|
|
|
|
Historical Liquidated Loan Detail |
|
|
|
|
||||
|
|
||||||||||||
|
|
|
Loan |
|
Gross Sales |
|
|
|
|
Current |
|
Loss to Loan |
Percent of |
|
|
|
Beginning |
Most Recent |
Proceeds or |
Fees, |
Net Proceeds |
Net Proceeds |
|
Period |
Cumulative |
with |
Original |
|
|
Loan |
Scheduled |
Appraised |
Other |
Advances, |
Received on |
Available for |
Realized Loss |
Adjustment to |
Adjustment to |
Cumulative |
Loan |
|
Pros ID¹ |
Number Dist.Date |
Balance |
Value or BPO |
Proceeds |
and Expenses |
Liquidation |
Distribution |
to Loan |
Loan |
Loan |
Adjustment |
Balance |
|
36 |
695100834 01/15/21 |
5,296,020.03 |
5,900,000.00 |
6,626,484.38 |
1,378,442.65 |
6,626,484.38 |
5,248,041.73 |
47,978.30 |
0.00 |
(2,937.68) |
50,915.98 |
0.90% |
|
50 |
300801668 12/17/21 |
1,223,658.76 |
1,960,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
Current Period Totals |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
Cumulative Totals |
6,519,678.79 |
7,860,000.00 |
6,626,484.38 |
1,378,442.65 |
6,626,484.38 |
5,248,041.73 |
47,978.30 |
0.00 |
(2,937.68) |
50,915.98 |
|
|
|
|
||||||||||||
|
Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
|
|
|
|
|
|||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 24 of 27 |
|||
|
|
|
|
|
Historical Bond / Collateral Loss Reconciliation Detail |
|
|
|
||||
|
|
|
|
Certificate |
Reimb of Prior |
|
|
|
|
|
|
|
|
|
|
|
Interest Paid |
Realized Losses |
|
Loss Covered by |
|
|
|
|
Total Loss |
|
|
|
|
from Collateral |
from Collateral |
Aggregate |
Credit |
Loss Applied to |
Loss Applied to |
Non-Cash |
Realized Losses |
Applied to |
|
|
Loan |
Distribution |
Principal |
Interest |
Realized Loss to |
Support/Deal |
Certificate |
Certificate |
Principal |
from |
Certificate |
|
Pros ID |
Number |
Date |
Collections |
Collections |
Loan |
Structure |
Interest Payment |
Balance |
Adjustment |
NRA/WODRA |
Balance |
|
36 |
695100834 |
06/17/21 |
0.00 |
0.00 |
50,915.98 |
0.00 |
0.00 |
883.74 |
0.00 |
0.00 |
50,915.98 |
|
|
|
05/17/21 |
0.00 |
0.00 |
50,032.24 |
0.00 |
0.00 |
2,053.94 |
0.00 |
0.00 |
|
|
|
|
01/15/21 |
0.00 |
0.00 |
47,978.30 |
0.00 |
0.00 |
47,978.30 |
0.00 |
0.00 |
|
|
50 |
300801668 |
12/27/21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Current Period Totals |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
Cumulative Totals |
|
0.00 |
0.00 |
50,915.98 |
0.00 |
0.00 |
50,915.98 |
0.00 |
0.00 |
50,915.98 |
|
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
Page 25 of 27 |
||||
|
|
|
|
Interest Shortfall Detail - Collateral Level |
|
|
|
|
|||||
|
|
||||||||||||
|
|
|
|
Special Servicing Fees |
|
|
|
|
|
|
|
Modified |
|
|
|
|
Deferred |
|
|
|
|
|
Non- |
|
Reimbursement of |
Other |
Interest |
|
|
Interest |
Interest |
|
|
|
|
|
Recoverable |
Interest on |
Advances from |
Shortfalls / |
Reduction / |
|
Pros ID |
Adjustments |
Collected |
Monthly |
Liquidation |
Work Out |
ASER |
PPIS / (PPIE) |
Interest |
Advances |
Interest |
(Refunds) |
(Excess) |
|
12 |
0.00 |
0.00 |
0.00 |
0.00 |
1,256.79 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
14 |
0.00 |
0.00 |
5,357.37 |
0.00 |
0.00 |
34,967.91 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
15 |
0.00 |
0.00 |
(9,098.59) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
39 |
0.00 |
0.00 |
3,500.00 |
0.00 |
0.00 |
4,539.81 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
(241.22) |
0.00 |
1,256.79 |
39,507.72 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans. |
|
|
Collateral Shortfall Total |
40,523.29 |
||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
Page 26 of 27 |
|||
|
|
Supplemental Notes |
|
|
|
None |
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© 2021 Computershare. All rights reserved. Confidential. |
|
Page 27 of 27 |