0001888524-26-008093.txt : 20260429 0001888524-26-008093.hdr.sgml : 20260429 20260429123518 ACCESSION NUMBER: 0001888524-26-008093 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20260417 0000850779 0000740906 FILED AS OF DATE: 20260429 DATE AS OF CHANGE: 20260429 ABS ASSET CLASS: Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2026-5C8 CENTRAL INDEX KEY: 0002107796 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-282099-11 FILM NUMBER: 26912882 BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 10-D 1 wcm265c8_10d-202604.htm wcm265c8_10d-202604.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:   March 05, 2026 to April 17, 2026

Commission File Number of issuing entity:  333-282099-11

Central Index Key Number of issuing entity:  0002107796

Wells Fargo Commercial Mortgage Trust 2026-5C8
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-282099

Central Index Key Number of depositor:  0000850779

Wells Fargo Commercial Mortgage Securities, Inc.
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0000740906

Wells Fargo Bank, National Association.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001968416

Argentic Real Estate Finance 2 LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0000835271

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

Central Index Key Number of sponsor (if applicable):  0001701238

Citi Real Estate Funding Inc.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541502

Goldman Sachs Mortgage Company
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001931347

Greystone Commercial Mortgage Capital LLC
(Exact name of sponsor as specified in its charter)

A.J. Sfarra (212) 214-5613
(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)

38-4378450
38-4378451
(I.R.S. Employer Identification No.)

c/o Computershare Trust Company, N.A.
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)

 

Registered/reporting pursuant to (check one)

Title of Class

Section 12(b)

Section 12(g)

Section 15(d)

Name of Exchange (If Section 12(b))

A-1

     

     

  X  

     

A-2

     

     

  X  

     

A-3

     

     

  X  

     

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 Wells Fargo Commercial Mortgage Trust 2026-5C8.

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 Wells Fargo Commercial Mortgage Securities, Inc. (the "Depositor") and held by Wells Fargo Commercial Mortgage Trust 2026-5C8 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period from March 05, 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 February 5, 2026. The CIK number for the Depositor is 0000850779.

Wells Fargo Bank, National Association.  ("Wells Fargo"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 5, 2026. The Central Index Key number for Wells Fargo is 0000740906.

Argentic Real Estate Finance 2 LLC, one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on January 21, 2026. The Central Index Key number for  Argentic Real Estate Finance 2 LLC is 0001968416.

JPMorgan Chase Bank, National Association ("JPM"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 12, 2026. The Central Index Key number for JPM is 0000835271.

Citi Real Estate Funding Inc. ("CREF"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 10, 2026. The Central Index Key number for CREF is 0001701238.

Goldman Sachs Mortgage Company ("GSMC"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 13, 2026. The Central Index Key number for GSMC is 0001541502.

Greystone Commercial Mortgage Capital LLC, one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on January 8, 2026. The Central Index Key number for  Greystone Commercial Mortgage Capital LLC is 0001931347.

Item 1A. Asset-Level Information.

ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on April 29, 2026 under Commission File No. 333-282099-11 and incorporated by reference herein).

ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on April 29, 2026 under Commission File No. 333-282099-11 and incorporated by reference herein).

Part II - OTHER INFORMATION

Item 2. Legal Proceedings.

Disclosure from Deutsche Bank National Trust Company, as Trustee:

In 2014 and 2015, several investors sued several trustees of residential mortgage-backed securities (“RMBS”) trusts, including Deutsche Bank National Trust Company (“DBNTC”), concerning the trustees’ administration of RMBS trusts.  These cases generally alleged that the RMBS trustees failed to perform purported duties, as trustees for private-label RMBS trusts, to enforce breaches of representations and warranties as to mortgage loans held by the trusts and to enforce breaches by servicers of their mortgage loan servicing obligations for the trusts.  Investors have sued DBNTC in nine of these cases.  DBNTC has settled two cases brought by funds managed by Blackrock Advisors, LLC, PIMCO-Advisors, L.P. and others; settled two cases brought by Royal Park Investments SA/NV; settled one case brought by IKB International, S.A. in Liquidation and IKB Deutsche Industriebank A.G.; obtained summary judgment in one case, brought by certain special purpose entities including Phoenix Light SF Limited; and obtained a dismissal in one case, brought by the Western and Southern Life Insurance Company and five related entities.  In addition, the two cases described below remain active.

 

On November 7, 2014, the National Credit Union Administration Board (“NCUA”), as an investor in 121 RMBS trusts, filed a complaint in the U.S. District Court for the Southern District of New York against DBNTC as trustee of those trusts, alleging violations of the U.S. Trust Indenture Act of 1939 (“TIA”) and the New York Streit Act (“Streit Act”) for DBNTC’s alleged failure to perform certain purported statutory and contractual duties. On March 5, 2015, NCUA amended its complaint to assert claims as an investor in 97 of the 121 RMBS trusts that were the subject of its first complaint. The amended complaint alleged violations of the TIA and Streit Act, as well as breach of contract, breach of fiduciary duty, breach of the covenant of good faith, negligence, gross negligence and negligent misrepresentation. NCUA’s complaint alleged that the trusts at issue suffered total realized collateral losses of U.S. $17.2 billion, but the complaint did not include a demand for money damages in a sum certain. On May 1, 2015, DBNTC filed a motion to dismiss the amended complaint.  On July 31, 2018, the court issued an order that, among other things, denied DBNTC’s motion to dismiss without prejudice to its renewal.  On August 31, 2018, NCUA filed a letter informing the court that it intended to:  (i) drop all of its claims as to 60 of the 97 trusts at issue; (ii) drop its claims as to certain, but not all, certificates for 3 additional trusts; and (iii) move for leave to file an amended complaint bringing claims as to the remaining 37 trusts at issue.  On October 5, 2018, NCUA filed a motion for leave to file a second amended complaint that asserted claims as to only 37 of the 97 trusts that were originally at issue, and added new claims for a declaratory judgment and breach of contract arising out of the payment from trust funds of DBNTC’s legal fees and expenses in NCUA’s action and in other actions brought by investors against DBNTC for alleged breaches of its duties as an RMBS trustee.  On November 5, 2018, DBNTC filed a motion to stay NCUA’s new claims relating to payment from trust funds of DBNTC’s legal fees and expenses and all related discovery.  On October 15, 2019, the court:  (i) granted in part NCUA’s motion for leave to file a second amended complaint; and (ii) granted DBNTC’s motion to stay NCUA’s new claims relating to payment from trust funds of DBNTC’s legal fees and expenses and all related discovery.  The court permitted NCUA to file a second amended complaint asserting claims for:  (i) breach of contract arising out of DBNTC’s alleged failure to perform certain purported statutory and contractual duties; and (ii) declaratory judgment and breach of contract arising out of the payment from trust funds of DBNTC’s legal fees and expenses.  The court denied NCUA’s request to assert additional claims for:  (i) negligence and gross negligence; and (ii) breach of fiduciary duty.  On October 21, 2019, NCUA filed a second amended complaint.  On November 15, 2019, DBNTC filed an answer to the second amended complaint.  On June 11, 2021, NCUA filed a third amended complaint, the substance of which was unchanged from the second amended complaint.  On July 1, 2021, DBNTC filed an answer to the third amended complaint.  On October 5, 2021, NCUA filed a fourth amended complaint, the substance of which was unchanged from the third amended complaint.  On October 25, 2021, DBNTC filed an answer to the fourth amended complaint.  On February 4, 2022, the parties filed a stipulation in which NCUA agreed to voluntarily dismiss with prejudice all claims as to 19 trusts.  On February 28, 2022, both parties filed motions for partial summary judgment.  On August 15, 2025, the court granted in part and denied in part both motions, and on October 9, 2025, the court entered the parties’ stipulation dismissing certain additional claims based on the summary judgment decision. Discovery is ongoing.

 

On December 23, 2015, Commerzbank AG (“Commerzbank”), as an investor in 50 RMBS trusts, filed a complaint in the U.S. District Court for the Southern District of New York against DBNTC as trustee of the trusts, asserting claims for violations of the TIA and New York’s Streit Act, breach of contract, breach of fiduciary duty, negligence, and breach of the covenant of good faith, based on DBNTC’s alleged failure to perform its duties as trustee for the trusts. Commerzbank alleges that DBNTC caused it to suffer “hundreds of millions of dollars in losses,” but the complaint does not include a demand for money damages in a sum certain.  On April 29, 2016, Commerzbank filed an amended complaint.  The amended complaint asserts the same claims as did the original complaint, and, like the original complaint, alleges that DBNTC caused Commerzbank to suffer “hundreds of millions of dollars in losses,” but does not include a demand for money damages in a sum certain.  On May 27, 2016, DBNTC filed a motion to dismiss the amended complaint.  On February 10, 2017, the court granted in part and denied in part DBNTC’s motion to dismiss.  The court granted the motion to dismiss with respect to Commerzbank’s claim for breach of the covenant of good faith and claim under the Streit Act, dismissing those claims with prejudice.  The court also granted the motion to dismiss with respect to Commerzbank’s claim under the TIA as to the 46 trusts at issue governed by pooling and servicing agreements, dismissing that claim with prejudice as to those 46 trusts.  The court also granted the motion to dismiss, without prejudice, with respect to Commerzbank’s breach of contract claim as to ten trusts whose governing agreements limit the right to file suit under the governing agreements to certain specified parties, including the registered holder of a certificate issued by the trust.  The court held that, although Commerzbank has not received authorization from the registered holder of the certificates at issue to file suit, it may still obtain that authorization from the registered holder.  The court denied the remainder of the motion to dismiss.  Therefore, with the exception of the claims relating to the ten trusts for which Commerzbank has not received authorization to file suit, Commerzbank’s claims for breach of contract, breach of fiduciary duty, and negligence will proceed.  Commerzbank’s claim under the TIA as to the four trusts governed by agreements other than pooling and servicing agreements will also proceed.  On May 1, 2017, DBNTC filed an answer to the amended complaint.  On November 30, 2017, Commerzbank filed a second amended complaint that names Deutsche Bank Trust Company Americas (“DBTCA”) as a defendant in addition to DBNTC.  DBTCA serves as trustee for 1 of the 50 trusts at issue.  DBNTC serves as trustee for the other 49 trusts at issue.  Commerzbank’s second amended complaint brings claims for violation of the TIA; breach of contract; breach of fiduciary duty; negligence; violation of the Streit Act; and breach of the covenant of good faith.  However, in the second amended complaint, Commerzbank acknowledges that the court previously dismissed its TIA claims for the trusts governed by pooling and servicing agreements, as well as its Streit Act claims and claims for breach of the covenant of good faith, and Commerzbank only includes these claims to preserve any rights on appeal.  The second amended complaint alleges that DBNTC and DBTCA caused Commerzbank to suffer “hundreds of millions of dollars in losses,” but the complaint does not include a demand for money damages in a sum certain.  On January 29, 2018, DBNTC and DBTCA filed an answer to the second amended complaint.  On December 7, 2018, DBNTC and DBTCA filed a motion for summary judgment.  Also on December 7, 2018, Commerzbank, jointly with the Phoenix Light plaintiffs, filed a motion for partial summary judgment.  On February 8, 2022, the court issued an order in which it granted in part DBNTC and DBTCA’s motion for summary judgment and denied plaintiffs’ motion for partial summary judgment.  As a result of that order, many of plaintiffs’ claims and theories were dismissed with prejudice.  On September 26, 2024, DBNTC and DBTCA filed a motion for summary judgment, which has been fully briefed.

 

It is DBNTC’s belief that it has no pending legal proceedings (including, based on DBNTC’s current evaluation, the litigation disclosed in the foregoing above) that would materially affect its ability to perform its duties under the Pooling and Servicing Agreement for this transaction.

Item 7. Change in Sponsor Interest in the Securities.

None

Item 9. Other Information.

Trimont LLC, in its capacity as Master Servicer for Wells Fargo Commercial Mortgage Trust 2026-5C8, affirms the following amounts in the respective accounts:

Collection Account

  Prior Distribution Date

N/A

N/A

  Current Distribution Date

04/17/2026

$0.00

 

REO Account

  Prior Distribution Date

N/A

N/A

  Current Distribution Date

04/17/2026

$0.00

 

Computershare Trust Company, N.A., in its capacity as Certificate Administrator for Wells Fargo Commercial Mortgage Trust 2026-5C8, affirms the following amounts in the respective accounts:

Distribution Account

  Prior Distribution Date

N/A

N/A

  Current Distribution Date

04/17/2026

$6,864.99

 

Interest Reserve Account

  Prior Distribution Date

N/A

N/A

  Current Distribution Date

04/17/2026

$0.00

 

 

Gain-on-Sale Reserve Account

  Prior Distribution Date

N/A

N/A

  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:

(99.1) Monthly report distributed to holders of the certificates issued by Wells Fargo Commercial Mortgage Trust 2026-5C8, relating to the April 17, 2026 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Wells Fargo Commercial Mortgage Securities, Inc.
(Depositor)

 

/s/ Anthony J. Sfarra
Anthony J. Sfarra, President

Date: April 29, 2026

 

 

EX-99.1 2 wcm265c8_ex991-202604.htm wcm265c8_ex991-202604.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

04/17/26

Wells Fargo Commercial Mortgage Trust 2026-5C8

Determination Date:

04/13/26

 

Next Distribution Date:

05/15/26

 

Record Date:

03/31/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2026-5C8

 

         

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

 

Certificate Factor Detail

3

 

Attention: A.J. Sfarra

cmbsnotices@wellsfargo.com

 

Certificate Interest Reconciliation Detail

4

 

30 Hudson Yards, 15th Floor | New York, NY 10001 | United States

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

Additional Information

5

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Bond / Collateral Reconciliation - Cash Flows

6

 

 

trustadministrationgroup@computershare.com

Bond / Collateral Reconciliation - Balances

7

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

 

Current Mortgage Loan and Property Stratification

8-12

Master Servicer

Trimont LLC

 

 

Mortgage Loan Detail (Part 1)

13-14

 

Attention: CMBS Servicing

commercial.servicing@trimont.com

 

 

 

One South, 101 Tryon Street, Suite 1400 | Charlotte, NC 28280 | United States

 

Mortgage Loan Detail (Part 2)

15-16

 

 

 

 

 

Special Servicer

Argentic Services Company LP

 

Principal Prepayment Detail

17

 

 

 

 

 

 

Attention: Andrew Hundertmark

ahundertmark@argenticservices.com;

Historical Detail

18

 

 

jmayfield@argenticservices.com

 

Delinquency Loan Detail

19

 

740 East Campbell Road, Suite 600 | Richardson, TX 75081 | United States

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

Collateral Stratification and Historical Detail

20

Representations Reviewer

 

 

Specially Serviced Loan Detail - Part 1

21

 

Attention: WFCM 2026-5C8 – Surveillance Manager

cmbs.notices@parkbridgefinancial.com

Specially Serviced Loan Detail - Part 2

22

 

600 Third Avenue, 40th Floor | New York, NY 10016 | United States

 

 

Modified Loan Detail

23

Trustee

Deutsche Bank National Trust Company

 

 

Historical Liquidated Loan Detail

24

 

Attention: Trust Administration

cmbsadmin@list.db.com

 

 

 

1761 East St. Andrew Place | Santa Ana, CA 92705 | United States

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

 

 

 

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

95005BAA8

4.385000%

262,000.00

262,000.00

3,484.39

957.39

0.00

0.00

4,441.78

258,515.61

30.00%

30.00%

A-2

95005BAB6

4.547000%

127,950,000.00

127,950,000.00

0.00

484,823.88

0.00

0.00

484,823.88

127,950,000.00

30.00%

30.00%

A-3

95005BAC4

5.034000%

408,102,000.00

408,102,000.00

0.00

1,711,987.89

0.00

0.00

1,711,987.89

408,102,000.00

30.00%

30.00%

A-S

95005BAF7

5.250000%

65,124,000.00

65,124,000.00

0.00

284,917.50

0.00

0.00

284,917.50

65,124,000.00

21.50%

21.50%

B

95005BAG5

5.552000%

40,223,000.00

40,223,000.00

0.00

186,098.41

0.00

0.00

186,098.41

40,223,000.00

16.25%

16.25%

C

95005BAH3

5.554000%

30,647,000.00

30,647,000.00

0.00

141,844.53

0.00

0.00

141,844.53

30,647,000.00

12.25%

12.25%

D

95005BAJ9

4.500000%

29,688,000.00

29,688,000.00

0.00

111,330.00

0.00

0.00

111,330.00

29,688,000.00

8.38%

8.38%

E

95005BAL4

4.500000%

18,197,000.00

18,197,000.00

0.00

68,238.75

0.00

0.00

68,238.75

18,197,000.00

6.00%

6.00%

F-RR

95005BAS9

6.502011%

13,408,000.00

13,408,000.00

0.00

72,649.14

0.00

0.00

72,649.14

13,408,000.00

4.25%

4.25%

G-RR*

95005BAU4

6.502011%

32,562,164.00

32,562,164.00

0.00

176,432.97

0.00

0.00

176,432.97

32,562,164.00

0.00%

0.00%

R

95005BAW0

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

766,163,164.00

766,163,164.00

3,484.39

3,239,280.46

0.00

0.00

3,242,764.85

766,159,679.61

 

 

 

 

X-A

95005BAD2

1.584514%

536,314,000.00

536,314,000.00

0.00

708,164.00

0.00

0.00

708,164.00

536,310,515.61

 

 

X-B

95005BAE0

1.094181%

135,994,000.00

135,994,000.00

0.00

124,001.68

0.00

0.00

124,001.68

135,994,000.00

 

 

X-D

95005BAN0

2.002011%

29,688,000.00

29,688,000.00

0.00

49,529.76

0.00

0.00

49,529.76

29,688,000.00

 

 

X-E

95005BAQ3

2.002011%

18,197,000.00

18,197,000.00

0.00

30,358.84

0.00

0.00

30,358.84

18,197,000.00

 

 

Notional SubTotal

 

720,193,000.00

720,193,000.00

0.00

912,054.28

0.00

0.00

912,054.28

720,189,515.61

 

 

 

Deal Distribution Total

 

 

 

3,484.39

4,151,334.74

0.00

0.00

4,154,819.13

 

 

 

 

*

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

95005BAA8

1,000.00000000

13.29919847

3.65416031

0.00000000

0.00000000

0.00000000

0.00000000

16.95335878

986.70080153

A-2

95005BAB6

1,000.00000000

0.00000000

3.78916671

0.00000000

0.00000000

0.00000000

0.00000000

3.78916671

1,000.00000000

A-3

95005BAC4

1,000.00000000

0.00000000

4.19500000

0.00000000

0.00000000

0.00000000

0.00000000

4.19500000

1,000.00000000

A-S

95005BAF7

1,000.00000000

0.00000000

4.37500000

0.00000000

0.00000000

0.00000000

0.00000000

4.37500000

1,000.00000000

B

95005BAG5

1,000.00000000

0.00000000

4.62666658

0.00000000

0.00000000

0.00000000

0.00000000

4.62666658

1,000.00000000

C

95005BAH3

1,000.00000000

0.00000000

4.62833328

0.00000000

0.00000000

0.00000000

0.00000000

4.62833328

1,000.00000000

D

95005BAJ9

1,000.00000000

0.00000000

3.75000000

0.00000000

0.00000000

0.00000000

0.00000000

3.75000000

1,000.00000000

E

95005BAL4

1,000.00000000

0.00000000

3.75000000

0.00000000

0.00000000

0.00000000

0.00000000

3.75000000

1,000.00000000

F-RR

95005BAS9

1,000.00000000

0.00000000

5.41834278

0.00000000

0.00000000

0.00000000

0.00000000

5.41834278

1,000.00000000

G-RR

95005BAU4

1,000.00000000

0.00000000

5.41834290

0.00000000

0.00000000

0.00000000

0.00000000

5.41834290

1,000.00000000

R

95005BAW0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

95005BAD2

1,000.00000000

0.00000000

1.32042796

0.00000000

0.00000000

0.00000000

0.00000000

1.32042796

999.99350308

X-B

95005BAE0

1,000.00000000

0.00000000

0.91181729

0.00000000

0.00000000

0.00000000

0.00000000

0.91181729

1,000.00000000

X-D

95005BAN0

1,000.00000000

0.00000000

1.66834276

0.00000000

0.00000000

0.00000000

0.00000000

1.66834276

1,000.00000000

X-E

95005BAQ3

1,000.00000000

0.00000000

1.66834313

0.00000000

0.00000000

0.00000000

0.00000000

1.66834313

1,000.00000000

 

 

 

 

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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

03/01/26 - 03/30/26

30

0.00

957.39

0.00

957.39

0.00

0.00

0.00

957.39

0.00

 

A-2

03/01/26 - 03/30/26

30

0.00

484,823.88

0.00

484,823.88

0.00

0.00

0.00

484,823.88

0.00

 

A-3

03/01/26 - 03/30/26

30

0.00

1,711,987.89

0.00

1,711,987.89

0.00

0.00

0.00

1,711,987.89

0.00

 

X-A

03/01/26 - 03/30/26

30

0.00

708,164.00

0.00

708,164.00

0.00

0.00

0.00

708,164.00

0.00

 

X-B

03/01/26 - 03/30/26

30

0.00

124,001.68

0.00

124,001.68

0.00

0.00

0.00

124,001.68

0.00

 

X-D

03/01/26 - 03/30/26

30

0.00

49,529.76

0.00

49,529.76

0.00

0.00

0.00

49,529.76

0.00

 

X-E

03/01/26 - 03/30/26

30

0.00

30,358.84

0.00

30,358.84

0.00

0.00

0.00

30,358.84

0.00

 

A-S

03/01/26 - 03/30/26

30

0.00

284,917.50

0.00

284,917.50

0.00

0.00

0.00

284,917.50

0.00

 

B

03/01/26 - 03/30/26

30

0.00

186,098.41

0.00

186,098.41

0.00

0.00

0.00

186,098.41

0.00

 

C

03/01/26 - 03/30/26

30

0.00

141,844.53

0.00

141,844.53

0.00

0.00

0.00

141,844.53

0.00

 

D

03/01/26 - 03/30/26

30

0.00

111,330.00

0.00

111,330.00

0.00

0.00

0.00

111,330.00

0.00

 

E

03/01/26 - 03/30/26

30

0.00

68,238.75

0.00

68,238.75

0.00

0.00

0.00

68,238.75

0.00

 

F-RR

03/01/26 - 03/30/26

30

0.00

72,649.14

0.00

72,649.14

0.00

0.00

0.00

72,649.14

0.00

 

G-RR

03/01/26 - 03/30/26

30

0.00

176,432.97

0.00

176,432.97

0.00

0.00

0.00

176,432.97

0.00

 

Totals

 

 

0.00

4,151,334.74

0.00

4,151,334.74

0.00

0.00

0.00

4,151,334.74

0.00

 

 

 

 

 

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Page 4 of 27

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,154,819.13

 

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

 

 

 

 

 

 

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Page 5 of 27

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,163,256.35

Master Servicing Fee

2,223.25

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

6,864.94

Interest Adjustments

0.00

Trustee Fee

1,250.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

329.88

ARD Interest

0.00

Operating Advisor Fee

1,035.81

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

217.72

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,163,256.35

Total Fees

11,921.59

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

3,484.39

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

0.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

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

3,484.39

Total Expenses/Reimbursements

0.00

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,151,334.74

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

3,484.39

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Initial Interest Deposit Amount

0.00

Borrower Option Extension Fees

0.00

 

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,154,819.13

Total Funds Collected

4,166,740.74

Total Funds Distributed

4,166,740.72

 

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Page 6 of 27

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

766,163,164.90

766,163,164.90

Beginning Certificate Balance

766,163,164.00

(-) Scheduled Principal Collections

3,484.39

3,484.39

(-) Principal Distributions

3,484.39

(-) Unscheduled Principal Collections

0.00

0.00

(-) 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

766,159,680.51

766,159,680.51

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

766,163,164.90

766,163,164.90

Ending Certificate Balance

766,159,679.61

Ending Actual Collateral Balance

766,159,680.51

766,159,680.51

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

(0.90)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.90)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

6.50%

 

 

 

 

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.

 

 

 

 

 

 

 

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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

 

6,000,000 or less

2

10,986,180.51

1.43%

57

6.8412

1.486730

1.25 or less

4

118,066,000.00

15.41%

56

6.1119

1.178187

6,000,001 to 7,000,000

3

19,725,000.00

2.57%

57

6.3415

1.304905

1.26 to 1.30

6

140,100,000.00

18.29%

58

6.6108

1.271549

7,000,001 to 10,000,000

2

19,782,500.00

2.58%

57

6.4415

2.102199

1.31 to 1.50

7

90,511,180.51

11.81%

58

6.5546

1.388085

10,000,001 to 15,000,000

6

71,950,000.00

9.39%

57

6.5173

1.646588

1.51 to 1.70

3

56,400,000.00

7.36%

57

6.2111

1.580000

15,000,001 to 20,000,000

7

129,950,000.00

16.96%

57

6.3221

2.539134

1.71 to 1.90

4

125,782,500.00

16.42%

57

6.1886

1.799032

20,000,001 to 50,000,000

12

401,600,000.00

52.42%

57

6.2933

1.929158

1.91 to 2.25

5

110,300,000.00

14.40%

56

6.5448

2.086845

 

50,000,001 or greater

2

112,166,000.00

14.64%

55

6.1444

1.482810

2.26 or greater

5

125,000,000.00

16.32%

57

5.9445

3.877600

 

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

(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.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 27

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

California

11

219,250,000.00

28.62%

57

6.5441

1.679777

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

8

136,366,000.00

17.80%

56

6.5809

1.285165

Florida

2

68,286,180.51

8.91%

58

6.5127

1.266779

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

2

108,000,000.00

14.10%

56

6.2695

3.699167

Georgia

1

60,000,000.00

7.83%

56

5.8570

1.720000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

3

17,825,000.00

2.33%

57

6.3079

1.666213

Kansas

1

38,000,000.00

4.96%

57

6.2200

1.560000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

7

155,450,000.00

20.29%

58

6.3536

1.353454

Kentucky

1

5,832,000.00

0.76%

54

6.4750

1.210000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

5

142,300,000.00

18.57%

57

6.1930

2.331124

Massachusetts

1

10,000,000.00

1.31%

57

6.3550

2.300000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

6

40,000,000.00

5.22%

58

5.4360

1.100000

Missouri

2

28,871,000.00

3.77%

55

6.3416

1.195876

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

9

166,218,680.51

21.70%

57

6.3855

1.700087

Nevada

1

75,000,000.00

9.79%

56

6.0788

4.460000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

40

766,159,680.51

100.00%

57

6.3103

1.922788

New Jersey

2

9,765,750.00

1.27%

58

5.4360

1.100000

 

 

 

 

 

 

 

 

New York

8

112,952,250.00

14.74%

57

5.9619

2.118189

 

 

 

 

 

 

 

 

North Carolina

1

6,300,000.00

0.82%

57

6.4570

1.250000

 

 

 

 

 

 

 

 

Ohio

2

22,383,500.00

2.92%

55

6.4990

1.511558

 

 

 

 

 

 

 

 

South Carolina

1

17,250,000.00

2.25%

57

6.0540

1.350000

 

 

 

 

 

 

 

 

South Dakota

2

28,569,000.00

3.73%

54

6.6437

1.931061

 

 

 

 

 

 

 

 

Texas

2

24,800,000.00

3.24%

58

6.4222

1.318065

 

 

 

 

 

 

 

 

Utah

1

16,800,000.00

2.19%

59

6.6100

1.370000

 

 

 

 

 

 

 

 

Virginia

1

22,100,000.00

2.88%

58

6.7830

1.400000

 

 

 

 

 

 

 

 

Totals

40

766,159,680.51

100.00%

57

6.3103

1.922788

 

 

 

 

 

 

 

 

 

Note: Please refer to footnotes on the next page of the report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

 

5.7500% or less

2

80,000,000.00

10.44%

58

5.5130

2.140000

12 months or less

34

766,159,680.51

100.00%

57

6.3103

1.922788

 

5.7501% to 6.0000%

2

66,825,000.00

8.72%

56

5.8665

1.684254

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

6.0001% to 6.2500%

6

143,450,000.00

18.72%

56

6.1143

3.055556

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

6.2501% to 6.3500%

2

27,550,000.00

3.60%

57

6.2989

1.891071

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

 

6.3501% to 6.5000%

10

241,766,000.00

31.56%

57

6.4491

1.545312

 

 

 

 

 

 

 

 

6.5001% to 6.7500%

9

168,182,500.00

21.95%

57

6.6911

1.612277

 

 

 

 

 

 

 

 

6.7501% or greater

3

38,386,180.51

5.01%

58

6.9434

1.412839

 

 

 

 

 

 

 

 

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

 

 

 

 

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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

 

60 months or less

34

766,159,680.51

100.00%

57

6.3103

1.922788

Interest Only

33

760,373,500.00

99.24%

57

6.3036

1.927223

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

359 months or less

1

5,786,180.51

0.76%

57

7.1900

1.340000

 

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

360 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

(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.

 

 

 

 

 

 

 

 

 

 

 

 

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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

Underwriter's Information

34

766,159,680.51

100.00%

57

6.3103

1.922788

 

 

No outstanding loans in this group

 

 

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

34

766,159,680.51

100.00%

57

6.3103

1.922788

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

 

 

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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

329580032

LO

Las Vegas

NV

Actual/360

6.079%

183,208.56

0.00

0.00

N/A

12/09/30

--

35,000,000.00

35,000,000.00

04/09/26

1A

304102329

 

 

 

Actual/360

6.079%

104,690.60

0.00

0.00

N/A

12/09/30

--

20,000,000.00

20,000,000.00

04/09/26

1B

304102330

 

 

 

Actual/360

6.079%

104,690.60

0.00

0.00

N/A

12/09/30

--

20,000,000.00

20,000,000.00

04/09/26

2

331181002

IN

Hemet

CA

Actual/360

6.750%

174,375.00

0.00

0.00

N/A

02/06/31

--

30,000,000.00

30,000,000.00

04/06/26

2A

331181102

 

 

 

Actual/360

6.750%

174,375.00

0.00

0.00

N/A

02/06/31

--

30,000,000.00

30,000,000.00

04/06/26

2B

331181202

 

 

 

Actual/360

6.750%

63,937.50

0.00

0.00

N/A

02/06/31

--

11,000,000.00

11,000,000.00

04/06/26

3

301741811

MF

Miami

FL

Actual/360

6.450%

156,210.94

0.00

0.00

N/A

02/06/31

--

28,125,000.00

28,125,000.00

04/06/26

3A

695100104

 

 

 

Actual/360

6.450%

190,924.48

0.00

0.00

N/A

02/06/31

--

34,375,000.00

34,375,000.00

04/06/26

4

310971967

RT

Columbus

GA

Actual/360

5.857%

302,611.67

0.00

0.00

N/A

12/01/30

--

60,000,000.00

60,000,000.00

04/01/26

5

301741795

IN

Various

Various

Actual/360

6.475%

290,861.68

0.00

0.00

N/A

10/06/30

--

52,166,000.00

52,166,000.00

04/06/26

6

310970900

OF

Commerce

CA

Actual/360

6.473%

250,828.75

0.00

0.00

N/A

01/11/31

--

45,000,000.00

45,000,000.00

04/11/26

7

301272017

98

Various

Various

Actual/360

5.436%

187,240.00

0.00

0.00

N/A

02/06/31

--

40,000,000.00

40,000,000.00

04/06/26

8

331181008

OF

New York

NY

Actual/360

5.590%

192,544.44

0.00

0.00

N/A

02/06/31

--

40,000,000.00

40,000,000.00

04/06/26

9

331181009

MF

Junction City

KS

Actual/360

6.220%

203,532.22

0.00

0.00

N/A

01/01/31

--

38,000,000.00

38,000,000.00

04/01/26

10

310972013

LO

New York

NY

Actual/360

6.703%

190,476.92

0.00

0.00

N/A

12/11/30

--

33,000,000.00

33,000,000.00

04/11/26

11

310972211

OF

Orange

CA

Actual/360

6.412%

143,557.56

0.00

0.00

N/A

01/11/31

--

26,000,000.00

26,000,000.00

04/11/26

12

301741810

RT

Hampton

VA

Actual/360

6.783%

129,084.26

0.00

0.00

N/A

02/06/31

--

22,100,000.00

22,100,000.00

04/06/26

13

331181013

RT

Sioux Falls

SD

Actual/360

6.716%

115,664.44

0.00

0.00

N/A

10/01/30

--

20,000,000.00

20,000,000.00

04/01/26

14

331181014

MF

League City

TX

Actual/360

6.414%

108,254.07

0.00

0.00

N/A

02/06/31

--

19,600,000.00

19,600,000.00

04/06/26

15

310972621

MF

Columbia

SC

Actual/360

6.054%

89,927.12

0.00

0.00

N/A

01/11/31

--

17,250,000.00

17,250,000.00

04/11/26

16

331181016

RT

Logan

UT

Actual/360

6.610%

95,624.67

0.00

0.00

N/A

03/01/31

--

16,800,000.00

16,800,000.00

04/01/26

17

310972133

OF

Orange

CA

Actual/360

6.312%

88,595.93

0.00

0.00

N/A

01/11/31

--

16,300,000.00

16,300,000.00

04/11/26

18

310972212

OF

Orange

CA

Actual/360

6.452%

83,338.33

0.00

0.00

N/A

01/11/31

--

15,000,000.00

15,000,000.00

04/11/26

19

310972389

IN

Signal Hill

CA

Actual/360

6.090%

69,223.00

0.00

0.00

N/A

12/11/30

--

13,200,000.00

13,200,000.00

04/11/26

20

410971854

RT

Big Bear Lake

CA

Actual/360

6.280%

60,837.50

0.00

0.00

N/A

12/11/30

--

11,250,000.00

11,250,000.00

04/11/26

21

301741808

MU

Glendale

CA

Actual/360

6.530%

61,853.61

0.00

0.00

N/A

01/06/31

--

11,000,000.00

11,000,000.00

04/06/26

22

301741809

RT

Imperial Beach

CA

Actual/360

7.145%

64,602.71

0.00

0.00

N/A

02/06/31

--

10,500,000.00

10,500,000.00

04/06/26

23

331181023

RT

Peabody

MA

Actual/360

6.355%

54,723.61

0.00

0.00

N/A

01/01/31

--

10,000,000.00

10,000,000.00

04/01/26

 

 

 

 

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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

24

331181024

RT

Troy

OH

Actual/360

6.530%

55,007.54

0.00

0.00

N/A

01/06/31

--

9,782,500.00

9,782,500.00

04/06/26

25

331181025

MU

Brooklyn

NY

Actual/360

5.950%

34,968.65

0.00

0.00

N/A

01/06/31

--

6,825,000.00

6,825,000.00

04/06/26

26

301741813

MF

Brooklyn

NY

Actual/360

6.636%

37,714.60

0.00

0.00

N/A

02/06/31

--

6,600,000.00

6,600,000.00

04/06/26

27

410972593

MF

High Point

NC

Actual/360

6.457%

35,029.22

0.00

0.00

N/A

01/11/31

--

6,300,000.00

6,300,000.00

04/11/26

28

331181028

RT

Longwood

FL

Actual/360

7.190%

35,846.07

3,484.39

0.00

N/A

01/01/31

--

5,789,664.90

5,786,180.51

04/01/26

29

301741800

MF

Houston

TX

Actual/360

6.453%

28,895.10

0.00

0.00

N/A

12/06/30

--

5,200,000.00

5,200,000.00

04/06/26

Totals

 

 

 

 

 

 

4,163,256.35

3,484.39

0.00

 

 

 

766,163,164.90

766,159,680.51

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1B

0.00

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

 

 

2A

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2B

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

0.00

0.00

--

--

--

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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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

 

24

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

0.00

0.00

 

 

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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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

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

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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

       0

0.00

        0

0.00

       0

    0.00

       0

0.00

0

 

0.00

        0

0.00

 

6.310335%

6.292265%

57

(1) Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

 

 

 

 

 

 

 

No delinquent loans this period

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

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Page 19 of 27

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

       Total

        Performing

                    Non-Performing

        REO/Foreclosure

 

Past Maturity

0

0

 

0

 

0

 

0 - 6 Months

0

0

 

0

 

0

 

7 - 12 Months

0

0

 

0

 

0

 

13 - 24 Months

0

0

 

0

 

0

 

25 - 36 Months

0

0

 

0

 

0

 

37 - 48 Months

0

0

 

0

 

0

 

49 - 60 Months

766,159,681

766,159,681

 

0

 

0

 

> 60 Months

0

0

 

0

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

Total

Current

     30-59 Days

    60-89 Days

90+ Days

 

REO/Foreclosure

 

Apr-26

766,159,681

766,159,681

0

0

0

 

0

 

 

 

 

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

 

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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

 

 

 

 

No specially serviced loans this period

 

 

 

 

 

 

 

 

 

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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

 

 

 

 

 

 

No specially serviced loans this period

 

 

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

 

 

 

 

 

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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

 

 

 

 

No modified loans this period

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

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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

 

 

 

 

No liquidated loans this period

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

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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

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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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)

 

 

 

 

 

No interest shortfalls this period

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

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Page 26 of 27

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27

 

EX-102 3 exh_102.xml Prospectus Loan ID 1 03-12-2026 04-13-2026 JPMCB, CREFI 12-09-2025 35000000.00 60 12-09-2030 0 0.0607881 0.0607881 3 1 60 01-09-2026 true 1 PP 3 354597.20 35000000.00 1 1 1 0 true true true false 06-08-2030 06-08-2030 CITYCENTER (ARIA & VDARA) 3730 SOUTH LAS VEGAS BOULEVARD AND 2600 WEST HARMON AVENUE Las Vegas NV 89158 Clark HC 5349 5349 2009 7032800000.00 MAI 11-25-2025 0.942 6 04-09-2028 N 09-30-2025 1629791516.62 997391757.28 632399759.34 607952886.59 UW CREFC 4.64 4.46 F false false 35000000.00 183208.56 0.06078809 0.00015959 183208.56 0.00 0.00 35000000.00 35000000.00 04-09-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 1B 03-12-2026 04-13-2026 JPMCB, CREFI 12-09-2025 20000000.00 60 12-09-2030 0 0.0607881 0.0607881 3 1 60 01-09-2026 1 PP 3 20000000.00 1 1 1 0 true true false false CityCenter (Aria & Vdara) NV HC 11-25-2025 7032800000.00 11-25-2025 MAI N false false 20000000.00 104690.60 0.06078809 0.00015959 104690.60 0.00 0.00 20000000.00 20000000.00 04-09-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 1A 03-12-2026 04-13-2026 JPMCB, CREFI 12-09-2025 20000000.00 60 12-09-2030 0 0.0607881 0.0607881 3 1 60 01-09-2026 1 PP 3 20000000.00 1 1 1 0 true true false false CityCenter (Aria & Vdara) NV HC 11-25-2025 7032800000.00 MAI N false false 20000000.00 104690.60 0.06078809 0.00015959 104690.60 0.00 0.00 20000000.00 20000000.00 04-09-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 2 03-12-2026 04-13-2026 CREFI, AREF2 01-29-2026 30000000.00 60 02-06-2031 0 0.0675 0.0675 3 1 60 03-06-2026 true 1 PP 3 372750.00 30000000.00 1 1 1 0 true true false false 08-05-2030 KIRBY INDUSTRIAL 609 SOUTH KIRBY STREET Hemet CA 92545 Riverside IN 850640 850640 2025 173000000.00 MAI 11-12-2025 1 6 04-06-2028 N 5 STAR KIDS 850640 10-31-2035 12093785.95 2664996.64 9428789.32 8918405.32 UW CREFC 1.35 1.28 F false false 30000000.00 174375.00 0.0675 0.000172 174375.00 0.00 0.00 30000000.00 30000000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 2A 03-12-2026 04-13-2026 CREFI, AREF2 01-29-2026 30000000.00 60 02-06-2031 0 0.0675 0.0675 3 1 60 03-06-2026 1 PP 3 30000000.00 1 1 1 0 true true false false Kirby Industrial CA IN 11-12-2025 173000000.00 11-12-2025 MAI N false false 30000000.00 174375.00 0.0675 0.000172 174375.00 0.00 0.00 30000000.00 30000000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 2B 03-12-2026 04-13-2026 CREFI, AREF2 01-29-2026 11000000.00 60 02-06-2031 0 0.0675 0.0675 3 1 60 03-06-2026 1 PP 3 11000000.00 1 1 1 0 true true false false Kirby Industrial CA IN 11-12-2025 173000000.00 11-12-2025 MAI N false false 11000000.00 63937.50 0.0675 0.000172 63937.50 0.00 0.00 11000000.00 11000000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 3 03-12-2026 04-13-2026 AREF2 01-26-2026 28125000.00 60 02-06-2031 0 0.0645 0.0645 3 1 60 03-06-2026 true 1 PP 3 313541.67 28125000.00 1 1 1 0 true true false false 10-05-2030 COTTAGE COVE APARTMENTS 12 NORTHEAST 188TH STREET Miami FL 33179 Miami-Dade MF 468 468 1969 2022 125200000.00 MAI 12-29-2025 0.972 6 04-06-2028 N 11-30-2025 11025967.32 3708015.73 7317951.59 7200951.59 UW CREFC 1.28 1.26 F false false 28125000.00 156210.94 0.0645 0.000172 156210.94 0.00 0.00 28125000.00 28125000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 3A 03-12-2026 04-13-2026 AREF2, SMC 01-26-2026 34375000.00 60 02-06-2031 0 0.0645 0.0645 3 1 60 03-06-2026 1 PP 3 34375000.00 1 1 1 0 true true false false Cottage Cove Apartments FL MF 12-29-2025 125200000.00 12-29-2025 MAI N false false 34375000.00 190924.48 0.0645 0.000172 190924.48 0.00 0.00 34375000.00 34375000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 4 03-12-2026 04-13-2026 WFB 11-26-2025 60000000.00 60 12-01-2030 0 0.05857 0.05857 3 1 60 01-01-2026 true 1 WL 3 273326.67 60000000.00 1 1 1 10 true true false false 05-31-2030 COLUMBUS PARK CROSSING 5555 WHITTLESEY BOULEVARD Columbus GA 31909 Muscogee RT 587087 587087 2002 2024 89200000.00 MAI 09-25-2025 0.86 6 04-01-2028 N AMC CLASSIC COLUMBUS PARK 15 (GROUND) 84156 09-30-2028 FLOOR & DECOR OUTLETS OF AMERICA 55000 06-30-2039 HAVERTYS 32899 12-31-2030 09-30-2025 9184369.74 2583761.22 6600608.52 6119771.63 UW CREFC 1.85 1.72 F false false 60000000.00 302611.67 0.05857 0.000172 302611.67 0.00 0.00 60000000.00 60000000.00 04-01-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 5 03-12-2026 04-13-2026 AREF2 10-03-2025 52166000.00 60 10-06-2030 0 0.06475 0.06475 3 1 60 11-06-2025 true 1 WL 3 262713.77 52166000.00 1 4 4 0 true true false false 04-05-2030 Olive Industrial 4-Pack IN 1128397 72820000.00 1 04-06-2028 N 05-31-2025 5573016.83 947127.72 4625889.11 4140678.40 UW 1.35 1.21 F false false 52166000.00 290861.68 0.06475 0.000172 290861.68 0.00 0.00 52166000.00 52166000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 5-001 03-12-2026 04-13-2026 JOPLIN PROPERTY 3401, 3503, AND 3601 ENTERPRISE AVENUE Joplin MO 64801 Jasper IN 567000 567000 1993 2018 34700000.00 MAI 07-17-2025 1 0 6 STANDARD TRANSPORTATION SERVICES,INC 567000 12-31-2032 05-31-2025 2485768.76 252325.22 2233443.54 1989633.54 UW CREFC 07-15-2025 false Prospectus Loan ID 5-002 03-12-2026 04-13-2026 MASSILLON PROPERTY 400 NAVE ROAD SOUTHEAST Massillon OH 44646 Stark IN 243000 243000 1995 2015 18000000.00 MAI 07-23-2025 1 0 6 A.R.E. ACCESSORIES, LLC 243000 09-30-2032 05-31-2025 1479479.34 368297.54 1111181.80 1006691.80 UW CREFC 07-15-2025 false Prospectus Loan ID 5-003 03-12-2026 04-13-2026 WATERTOWN PROPERTY 201 20TH AVENUE SOUTHEAST Watertown SD 57201 Codington IN 183345 183345 2004 2020 11820000.00 MAI 07-24-2025 1 0 6 DAKOTA BODIES, LLC 183345 12-31-2035 05-31-2025 936988.13 167725.19 769262.94 690424.59 UW CREFC 07-15-2025 false Prospectus Loan ID 5-004 03-12-2026 04-13-2026 LOUISVILLE PROPERTY 7200 RIVERPORT DRIVE Louisville KY 40258 Jefferson IN 135052 135052 1994 8300000.00 MAI 07-24-2025 1 0 6 HTI LOGISTICS CORPORATION 135052 12-31-2033 05-31-2025 670780.60 158779.77 512000.83 453928.47 UW CREFC 07-15-2025 false Prospectus Loan ID 6 03-12-2026 04-13-2026 WFB 12-19-2025 45000000.00 60 01-11-2031 0 0.06473 0.06473 3 1 60 02-11-2026 true 1 WL 3 226555.00 45000000.00 1 1 1 0 true true false false 07-10-2030 COMMERCE OFFICE PARK 4900 SOUTH EASTERN AVENUE, 5500 SOUTH EASTERN AVENUE, 5700 SOUTH EASTERN AVENUE, 5770 SOUTH EASTERN AVENUE AND 5801 EAST SLAUSON AVENUE Commerce CA 90040 Los Angeles OF 283948 283948 1958 2016 75900000.00 MAI 12-01-2025 0.996 6 04-11-2028 N COUNTY OF LOS ANGELES, CHILD SUPPORT SERVICES DEPARTMENT 137238 04-12-2029 STATE OF CALIFORNIA, DEPARTMENT OF JUSTICE 65529 01-31-2034 COUNTY OF LOS ANGELES, SHERIFF DEPARTMENT 38936 07-31-2036 08-31-2025 8844387.00 3011401.62 5832985.38 5516986.38 UW CREFC 1.98 1.87 F false false 45000000.00 250828.75 0.06473 0.000172 250828.75 0.00 0.00 45000000.00 45000000.00 04-11-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 7 03-12-2026 04-13-2026 GSBI 01-27-2026 40000000.00 60 02-06-2031 0 0.05436 0.05436 3 1 60 03-06-2026 true 1 PP 3 169120.00 40000000.00 1 6 6 2 true true false false 08-05-2030 Haven Leased Fee Portfolio 98 2206442 209580000.00 11-22-2025 04-06-2028 N 9681710.32 0.00 9681710.32 9681710.32 UW 1.10 1.10 F false false 40000000.00 187240.00 0.05436 0.000172 187240.00 0.00 0.00 40000000.00 40000000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 7-001 03-12-2026 04-13-2026 THE ARCHES 224-228 EAST 135TH STREET Bronx NY 10451 Bronx 98 48976 48976 82900000.00 MAI 11-13-2025 0 6 UW CREFC false Prospectus Loan ID 7-002 03-12-2026 04-13-2026 PARAMUS 15 EAST MIDLAND AVENUE & 461 FROM ROAD Paramus NJ 07652 Bergen 98 1050667 1050667 35200000.00 MAI 11-14-2025 0 6 UW CREFC false Prospectus Loan ID 7-003 03-12-2026 04-13-2026 276 GRAND CONCOURSE 276 GRAND CONCOURSE Bronx NY 10451 Bronx 98 27916 27916 34500000.00 MAI 11-13-2025 0 6 UW CREFC false Prospectus Loan ID 7-004 03-12-2026 04-13-2026 CORPORATE HILL IV 12800 CORPORATE HILL DRIVE Des Peres MO 63131 St. Louis 98 303613 303613 18600000.00 MAI 11-21-2025 0 6 UW CREFC false Prospectus Loan ID 7-005 03-12-2026 04-13-2026 THE ILLUSTRATOR 600 AND 606 NORTH AVENUE New Rochelle NY 10801 Westchester 98 37669 37669 14600000.00 MAI 11-17-2025 0 6 UW CREFC false Prospectus Loan ID 7-006 03-12-2026 04-13-2026 25 VREELAND 25A VREELAND ROAD AND 25B VREELAND ROAD Florham Park NJ 84123 Morris 98 737601 737601 13800000.00 MAI 11-14-2025 0 6 UW CREFC false Prospectus Loan ID 8 03-12-2026 04-13-2026 CREFI 02-04-2026 40000000.00 60 02-06-2031 0 0.0559 0.0559 3 1 60 03-06-2026 true 1 PP 3 173911.11 40000000.00 1 1 1 3 true true false false 08-05-2030 136 MADISON 136 MADISON AVENUE New York NY 10016 New York OF 308287 308287 1916 2020 161900000.00 MAI 11-06-2025 0.882 6 04-06-2028 N WACOAL AMERICA INC 55032 04-30-2029 RGN-NEW YORK IV LLC 36728 02-28-2031 MONACO NY LLC 27948 06-30-2035 11-30-2025 18672088.28 7111938.46 11560149.82 10823978.91 UW CREFC 3.40 3.18 F false false 40000000.00 192544.44 0.0559 0.000172 192544.44 0.00 0.00 40000000.00 40000000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 9 03-12-2026 04-13-2026 JPMCB 12-22-2025 38000000.00 60 01-01-2031 0 0.0622 0.0622 3 1 60 02-01-2026 true 1 WL 3 183835.56 38000000.00 1 1 1 0 true true false false 10-31-2030 THE BLUFFS 1810 CAROLINE 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ANDOVER STREET Peabody MA 01960 Essex RT 1137515 1137515 1958 1978 294000000.00 MAI 11-14-2025 0.955 6 04-01-2028 N DICKS HOUSE OF SPORT 138000 02-28-2035 LIFETIME FITNESS 125000 01-31-2042 SHAWS SUPERMARKET 59175 12-31-2027 09-30-2025 40846182.38 13531417.41 27314764.96 25949746.96 UW CREFC 2.42 2.30 F false false 10000000.00 54723.61 0.06355 0.000172 54723.61 0.00 0.00 10000000.00 10000000.00 04-01-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 24 03-12-2026 04-13-2026 CREFI 01-02-2026 9782500.00 60 01-06-2031 0 0.0653 0.0653 3 1 60 02-06-2026 true 1 WL 3 49684.23 9782500.00 1 1 1 0 true true false false 06-05-2030 TROY TOWNE CENTER 1803-1893 WEST MAIN STREET Troy OH 45373 Miami RT 144485 144485 1990 15300000.00 MAI 11-13-2025 1 6 04-06-2028 N KOHL’S 86584 01-31-2029 PETCO 11875 09-30-2031 DOLLAR TREE 9000 01-31-2034 10-31-2025 1691655.86 367558.18 1324097.68 1230439.93 UW CREFC 2.04 1.90 F false false 9782500.00 55007.54 0.0653 0.000172 55007.54 0.00 0.00 9782500.00 9782500.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 25 03-12-2026 04-13-2026 GCMC 12-18-2025 6825000.00 60 01-06-2031 0 0.0595 0.0595 3 1 60 02-06-2026 true 1 WL 3 31584.58 6825000.00 1 2 2 0 true true false false 10-05-2030 Fulop Brooklyn Multifamily Portfolio 2 Brooklyn NY Kings MU 10 10 10200000.00 MAI 09-16-2025 1 04-06-2028 N 10-31-2025 717867.54 149016.03 568851.51 563271.51 UW 1.38 1.37 F false false 6825000.00 34968.65 0.0595 0.000172 34968.65 0.00 0.00 6825000.00 6825000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 25-001 03-12-2026 04-13-2026 104 GRAHAM AVENUE 104 GRAHAM AVENUE Brooklyn NY 11206 Kings MU 5 5 1931 2023 6700000.00 MAI 09-16-2025 1 0 6 RUBY HALL EVENT SPACE LLC 3250 07-30-2030 10-31-2025 468276.17 103584.04 364692.13 362217.13 UW CREFC 09-10-2025 false Prospectus Loan ID 25-002 03-12-2026 04-13-2026 155 CENTRAL AVENUE 155 CENTRAL AVENUE Brooklyn NY 11221 Kings MU 5 5 1931 2015 3500000.00 MAI 09-16-2025 1 0 6 SALEH, KAMAL (D/B/A "THE HOT SPOT 2") 1150 11-30-2027 10-31-2025 249591.37 45431.99 204159.38 201054.38 UW CREFC 09-15-2025 false Prospectus Loan ID 26 03-12-2026 04-13-2026 AREF2 01-23-2026 6600000.00 60 02-06-2031 0 0.06636 0.06636 3 1 60 03-06-2026 true 1 WL 3 34064.80 6600000.00 1 1 1 0 true true false false 10-05-2030 105 ROGERS AVENUE 105 ROGERS AVENUE Brooklyn NY 11216 Kings MF 13 13 2024 11000000.00 MAI 11-17-2025 0.923 6 04-06-2028 N 11-30-2025 664920.00 90108.50 574811.50 571561.50 UW CREFC 1.29 1.29 F false false 6600000.00 37714.60 0.06636 0.000172 37714.60 0.00 0.00 6600000.00 6600000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false Prospectus Loan ID 27 03-12-2026 04-13-2026 WFB 12-30-2025 6300000.00 60 01-11-2031 0 0.06457 0.06457 3 1 60 02-11-2026 true 1 WL 3 31639.30 6300000.00 1 1 1 0 true true false false 10-10-2030 CREEKSIDE AT KENNEDY MILL 219 DOROTHY STREET High Point NC 27262 Guilford MF 80 80 1974 2025 9600000.00 MAI 11-17-2025 1 6 04-11-2028 N 11-30-2025 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BEATTY STREET Houston TX 77023 Harris MF 121 121 1971 2019 8100000.00 MAI 08-20-2025 0.959 6 04-06-2028 N 10-31-2025 1490727.00 896655.54 594071.46 562006.46 UW CREFC 1.75 1.65 F false false 5200000.00 28895.10 0.06453 0.000172 28895.10 0.00 0.00 5200000.00 5200000.00 04-06-2026 1 false 0 0 0 0 0 Trimont LLC false EX-103 4 exh_103.xml Item 2(a)(1) Asset Number Type Item 2(a)(2) Asset Number Item 2(a)(3) Group ID Item 2(b)(1) Reporting Period Begin Date Item 2(b)(2) Reporting Period End Date Item 2(c)(1) Originator With respect to the Originators, Wells Fargo Bank, National Association ("WFB"), JPMorgan Chase Bank, National Association ("JPMCB"), Citi Real Estate Funding Inc. ("CREFI"), Argentic Real Estate Finance 2 LLC ("AREF2"), Goldman Sachs Bank USA ("GSBI") and Greystone Commercial Mortgage Capital LLC ("GCMC") Item 2(c)(2) Origination Date Item 2(c)(3) Original Loan Amount Item 2(c)(4) Original Loan Term Item 2(c)(5) Maturity Date Item 2(c)(6) Original Amortization Term Item 2(c)(7) Original Interest Rate Item 2(c)(8) Interest Rate at Securitization Item 2(c)(9) Interest Accrual Method Item 2(c)(10) Original Interest Rate Type Item 2(c)(11) Original Interest-Only Term Item 2(c)(12) First Loan Payment Due Date Item 2(c)(13) Underwriting Indicator Item 2(c)(14) Lien Position at Securitization Item 2(c)(15) Loan Structure Item 2(c)(16) Payment Type Item 2(c)(17) Periodic Principal and Interest Payment at Securitization With respect to each mortgage loan, the payment shown reflects the periodic principal and interest payment as of the Cut-off Date (or in case of any mortgage loan that has its first due date in February 2026, the periodic principal and interest payment due in February). Item 2(c)(18) Scheduled Principal Balance at Securitization With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the Cut-off Date, assuming that any payment due on the Cut-off Date is made, and that no voluntary principal prepayments or casualty or condemnation proceeds are received. Item 2(c)(19) Payment Frequency Item 2(c)(20) Number of Properties at Securitization Item 2(c)(21) Number of Properties Item 2(c)(22) Grace Days Allowed With respect to Loan No. 7, Haven Leased Fee Portfolio, a Grace Period - Late Fee (Days) of two days is permitted once during the term of the loan. With respect to Mortgage Loan No. 8, 136 Madison, a Grace Period - Late Fee (Days) of three days is permitted once within any 366-day period. With respect to Mortgage Loan No. 29, Colony Manor & Gatehouse Apartments, a Grace Period - Late Fee (Days) of five days is permitted once within any consecutive 12-month period. Item 2(c)(23) Interest Only Indicator Item 2(c)(24) Balloon Indicator Item 2(c)(25) Prepayment Premium Indicator Item 2(c)(26) Negative Amortization Indicator Item 2(c)(27) Modification Indicator Item 2(c)(28)(i) ARM Index Item 2(c)(28)(ii) First Rate Adjustment Date Item 2(c)(28)(iii) First Payment Adjustment Date Item 2(c)(28)(iv) ARM Margin Item 2(c)(28)(v) Lifetime Rate Cap Item 2(c)(28)(vi) Lifetime Rate Floor Item 2(c)(28)(vii) Periodic Rate Increase Limit Item 2(c)(28)(viii) Periodic Rate Decrease Limit Item 2(c)(28)(ix) Periodic Pay Adjustment Maximum Amount Item 2(c)(28)(x) Periodic Pay Adjustment Maximum Percentage Item 2(c)(28)(xi) Rate Reset Frequency Item 2(c)(28)(xii) Pay Reset Frequency Item 2(c)(28)(xiii) Index Look back in Days Item 2(c)(29)(i) Prepayment Lock-Out End Date With respect to each mortgage loan, the Prepayment Lock-Out End Date reflects the calendar day prior to the first payment date where yield maintenance or prepayment penalty is permitted. Item 2(c)(29)(ii) Yield Maintenance End Date Item 2(c)(29)(iii) Prepayment Premium End Date Item 2(c)(30)(i) Maximum Negative Amortization Allowed (% of original balance) Item 2(c)(30)(ii) Maximum Negative Amortization Allowed Item 2(c)(30)(iii) Negative Amortization/ Deferred Interest Capitalized Amount Item 2(c)(30)(iv) Deferred Interest--Cumulative Item 2(c)(30)(v) Deferred Interest Collected Item 2(d)(1) Property Name Item 2(d)(2) Property Address Item 2(d)(3) Property City Item 2(d)(4) Property State Item 2(d)(5) Property Zip Code Item 2(d)(6) Property County Item 2(d)(7) Property Type Item 2(d)(8) Net Rentable Square Feet Item 2(d)(9) Net Rentable Square Feet at Securitization Item 2(d)(10) Number of Units/Beds/Rooms Item 2(d)(11) Number of Units/Beds/Rooms at Securitization Item 2(d)(12) Year Built Item 2(d)(13) Year Last Renovated Item 2(d)(14) Valuation Amount at Securitization Item 2(d)(15) Valuation Source at Securitization Item 2(d)(16) Valuation Date at Securitization Item 2(d)(17) Most Recent Value Item 2(d)(18) Most Recent Valuation Date Item 2(d)(19) Most Recent Valuation Source Item 2(d)(20) Physical Occupancy at Securitization With respect to each mortgage loan, the occupancy percent shown is indicative of the physical occupancy information available as of securitization. Item 2(d)(21) Most Recent Physical Occupancy Item 2(d)(22) Property Status Code Item 2(d)(23) Defeasance Option Start Date Item 2(d)(24) Defeasance Status Item 2(d)(25)(i) Largest Tenant With respect to Mortgaged Property No. 5.1 (Joplin Property), Largest Tenant is Standard Transportation Services, Inc (Sub-leased (252,000 SF of 567,000 SF) / Refresco Beverages US Inc. (150,000 SF) and Amcor Packaging, Inc. (102,000 SF)) Item 2(d)(25)(ii) Square Feet of Largest Tenant Item 2(d)(25)(iii) Date of Lease Expiration of Largest Tenant With respect to Loan No. 6, Commerce Office Park, 48,794 SF expires on 1/31/2041, and 88,444 SF expires on 4/12/2029 Item 2(d)(26)(i) Second Largest Tenant Item 2(d)(26)(ii) Square Feet of Second Largest Tenant Item 2(d)(26)(iii) Date of Lease Expiration of Second Largest Tenant Item 2(d)(27)(i) Third Largest Tenant Item 2(d)(27)(ii) Square Feet of Third Largest Tenant Item 2(d)(27)(iii) Date of Lease Expiration of Third Largest Tenant Item 2(d)(28)(i) Date of Financials as of Securitization Item 2(d)(28)(ii) Most Recent Financial as of Start Date Item 2(d)(28)(iii) Most Recent Financial as of End Date Item 2(d)(28)(iv) Revenue at Securitization Item 2(d)(28)(v) Most Recent Revenue Item 2(d)(28)(vi) Operating Expenses at Securitization Item 2(d)(28)(vii) Operating Expenses Item 2(d)(28)(viii) Net Operating Income at Securitization Item 2(d)(28)(ix) Most Recent Net Operating Income Item 2(d)(28)(x) Net Cash Flow at Securitization Item 2(d)(28)(xi) Most Recent Net Cash Flow Item 2(d)(28)(xii) Net Operating Income or Net Cash Flow Indicator at Securitization Item 2(d)(28)(xiii) Net Operating Income or Net Cash Flow Indicator Item 2(d)(28)(xiv) Most Recent Debt Service Amount Item 2(d)(28)(xv) Debt Service Coverage Ratio (Net Operating Income) at Securitization With respect to any mortgage loan that is part of a mortgage loan structure evidenced by multiple pari passu notes (including notes outside the trust), the value shown is inclusive of debt service related to the entirety of the mortgage loan structure (or, if the mortgage loan is part of the senior portion of a mortgage loan structure that also includes one or more subordinate companion loans, the entirety of the senior portion of such mortgage loan structure). Item 2(d)(28)(xvi) Most Recent Debt Service Coverage Ratio (Net Operating Income) Item 2(d)(28)(xvii) Debt Service Coverage Ratio (Net Cash Flow) at Securitization With respect to any mortgage loan that is part of a mortgage loan structure evidenced by multiple pari passu notes (including notes outside the trust), the value shown is inclusive of debt service related to the entirety of the mortgage loan structure (or, if the mortgage loan is part of the senior portion of a mortgage loan structure that also includes one or more subordinate companion loans, the entirety of the senior portion of such mortgage loan structure). Item 2(d)(28)(xviii) Most Recent Debt Service Coverage Ratio (Net Cash Flow) Item 2(d)(28)(xix) Debt Service Coverage Ratio Indicator at Securitization Item 2(d)(28)(xx) Most Recent Debt Service Coverage Ratio Indicator Item 2(d)(28)(xxi) Date of the Most Recent Annual Lease Rollover Review Item 2(e)(1) Asset Added Indicator Item 2(e)(2) Modification Indicator - Reporting Period ` Item 2(e)(3) Reporting Period Beginning Scheduled Loan Balance With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the mortgage loan payment due date in February 2025 (or for loans originated after such date, as of the loan origination date). Item 2(e)(4) Total Scheduled Principal and Interest Due Item 2(e)(5) Reporting Period Interest Rate Item 2(e)(6) Servicer and Trustee Fee Rate Item 2(e)(7) Scheduled Interest Amount With respect to each mortgage loan, this percentage reflects the Operating Advisor Fee Rate, the Certificate Administrator Fee Rate, the Servicing Fee Rate, the CREFC (C) Intellectual Property Royalty License Fee Rate and the Asset Representations Reviewer Fee Rate. Item 2(e)(8) Other Interest Adjustment Item 2(e)(9) Scheduled Principal Amount Item 2(e)(10) Unscheduled Principal Collections Item 2(e)(11) Other Principal Adjustments Item 2(e)(12) Reporting Period Ending Actual Balance With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the Cut-off Date, assuming that any payment due on the Cut-off Date is made, and that no voluntary principal prepayments or casualty or condemnation proceeds are received. Item 2(e)(13) Reporting Period Ending Scheduled Balance With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the Cut-off Date, assuming that any payment due on the Cut-off Date is made, and that no voluntary principal prepayments or casualty or condemnation proceeds are received. Item 2(e)(14) Paid Through Date Item 2(e)(15) Hyper-Amortizing Date Item 2(e)(16)(i) Servicing Advance Methodology Item 2(e)(16)(ii) Non-Recoverability Determined Item 2(e)(16)(iii) Total Principal and Interest Advance Outstanding Item 2(e)(16)(iv) Total Taxes and Insurance Advances Outstanding Item 2(e)(16)(v) Other Expenses Advances Outstanding Item 2(e)(17) Payment Status of Loan Item 2(e)(18)(i) ARM Index Rate Item 2(e)(18)(ii) Next Interest Rate Item 2(e)(18)(iii) Next Interest Rate Change Adjustment Date Item 2(e)(18)(iv) Next Payment Adjustment Date Item 2(f)(1) Primary Servicer Item 2(f)(2) Most Recent Special Servicer Transfer Date Item 2(f)(3) Most Recent Master Servicer Return Date Item 2(g) Asset Subject to Demand Item 2(g)(1) Status of Asset Subject to Demand Item 2(g)(2) Repurchase Amount Item 2(g)(3) Demand Resolution Date Item 2(g)(4) Repurchaser Item 2(g)(5) Repurchase or Replacement Reason Item 2(h) Realized Loss To Trust Item 2(i)(1) Liquidation/Prepayment Code Item 2(i)(2) Liquidation/Prepayment Date Item 2(i)(3) Prepayment Premium/Yield Maintenance Received Item 2(j) Workout Strategy Item 2(k)(1) Date of Last Modification Item 2(k)(2) Modification Code Item 2(k)(3) Post-Modification Interest Rate Item 2(k)(4) Post-Modification Payment Amount Item 2(k)(5) Post-Modification Maturity Date Item 2(k)(6) Post-Modification Amortization Period