Form 10-D BANK 2021-BNK35 For: Nov 18

December 2, 2021 2:37 PM EST

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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:   October 19, 2021 to November 18, 2021

Commission File Number of issuing entity:  333-227446-16

Central Index Key Number of issuing entity:  0001872347

BANK 2021-BNK35
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-227446

Central Index Key Number of depositor:  0001547361

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

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

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

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

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

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):  0001577313

National Cooperative Bank, N.A.
(Exact name of sponsor as specified in its charter)

Jane Lam (212) 761-4000
(Name and telephone number, including area code, of the person to contact in connection with this filing)

New York
(State or other jurisdiction of incorporation or organization of the issuing entity)

38-4190467
38-4190468
38-7274767
(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)

(410) 884-2000
(Telephone number, including area code)

Not Applicable
(Former name, former address, if changed since last report)

 

Registered/reporting pursuant to (check one)

Title of Class

Section 12(b)

Section 12(g)

Section 15(d)

Name of Exchange (If Section 12(b))

A-1

     

     

  X  

     

A-2

     

     

  X  

     

A-3

     

     

  X  

     

A-SB

     

     

  X  

     

A-4

     

     

  X  

     

A-4-1

     

     

  X  

     

A-4-2

     

     

  X  

     

A-4-X1

     

     

  X  

     

A-4-X2

     

     

  X  

     

A-5

     

     

  X  

     

A-5-1

     

     

  X  

     

A-5-2

     

     

  X  

     

A-5-X1

     

     

  X  

     

A-5-X2

     

     

  X  

     

X-A

     

     

  X  

     

X-B

     

     

  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 November 18, 2021 a distribution was made to holders of the certificates issued by BANK 2021-BNK35.

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 Morgan Stanley Mortgage Capital Holdings LLC, Bank of America, National Association, Wells Fargo Bank, National Association, and National Cooperative Bank, N.A. (each a "Securitizer") and held by BANK 2021-BNK35 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from October 19, 2021 to November 18, 2021.

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

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

Wells Fargo Bank, National Association filed its most recent Form ABS-15G on November 9, 2021. The CIK number for Wells Fargo Bank, National Association is 0000740906.

National Cooperative Bank, N.A. filed its most recent Form ABS-15G on February 16, 2021. The CIK number for National Cooperative Bank, N.A. is 0001577313.

Item 1A. Asset-Level Information.

ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on December 2, 2021 under Commission File No. 333-227446-16 and incorporated by reference herein).

ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on December 2, 2021 under Commission File No. 333-227446-16 and incorporated by reference herein).

Part II - OTHER INFORMATION

Item 2.  Legal Proceedings.

 

Wells Fargo Bank:  In December 2014, Phoenix Light SF Limited and certain related entities and the National Credit Union Administration (NCUA) filed complaints in the United States District Court for the Southern District of New York against Wells Fargo Bank, alleging claims against Wells Fargo Bank in its capacity as trustee for a number of residential mortgage-backed securities trusts. Complaints raising similar allegations have been filed by Commerzbank AG in the Southern District of New York and by IKB International and IKB Deutsche Industriebank in New York state court. In each case, the plaintiffs allege that Wells Fargo Bank, as trustee, caused losses to investors, and plaintiffs assert causes of action based upon, among other things, the trustee’s alleged failure to notify and enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, notify investors of alleged events of default, and abide by appropriate standards of care following alleged events of default. Wells Fargo Bank previously settled two class action lawsuits with similar allegations that were filed in November 2014 and December 2016 by institutional investors in the Southern District of New York and New York state court, respectively. In addition, Park Royal I LLC and Park Royal II LLC have filed complaints in New York state court alleging Wells Fargo Bank, N.A., as trustee, failed to take appropriate actions upon learning of defective mortgage loan documentation. In March 2021, the Company entered into an agreement to resolve the case filed by the NCUA.

 

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

 

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

Item 9. Other Information.

Wells Fargo Bank, N.A., in its capacity as Master Servicer for BANK 2021-BNK35, affirms the following amounts in the respective accounts:

Collection Account

  Prior Distribution Date

10/18/2021

$0.00

  Current Distribution Date

11/18/2021

$0.00

 

*REO Account

  Prior Distribution Date

10/18/2021

$0.00

  Current Distribution Date

11/18/2021

$0.00

*As provided by Special Servicer

Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for BANK 2021-BNK35, affirms the following amounts in the respective accounts:

Distribution Account

  Prior Distribution Date

10/18/2021

$6,704.63

  Current Distribution Date

11/18/2021

$7,206.62

 

Interest Reserve Account

  Prior Distribution Date

10/18/2021

$0.00

  Current Distribution Date

11/18/2021

$0.00

 

 

Gain-on-Sale Reserve Account

  Prior Distribution Date

10/18/2021

$0.00

  Current Distribution Date

11/18/2021

$0.00

 

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Report on Form 10-D:

(99.1) Monthly report distributed to holders of the certificates issued by BANK 2021-BNK35, relating to the November 18, 2021 distribution.

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

 

SIGNATURES

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

Morgan Stanley Capital I Inc.
(Depositor)

 

/s/ Jane Lam
Jane Lam, President

Date: November 22, 2021

 

 

 

     

Distribution Date:

11/18/21

BANK 2021-BNK35

Determination Date:

11/12/21

 

Next Distribution Date:

12/17/21

 

Record Date:

10/29/21

Commercial Mortgage Pass-Through Certificates

 

 

Series 2021-BNK35

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2-3

Depositor

Morgan Stanley Capital I Inc.

 

 

Certificate Factor Detail

4

 

General Information Number

(212) 761-4000

cmbs_notices@morganstanley.com

Certificate Interest Reconciliation Detail

5

 

1585 Broadway, | New York, NY 10036

 

 

 

 

Master Servicer

Wells Fargo Bank, National Association

 

 

Exchangeable Certificate Detail

6-7

 

 

 

 

 

 

 

Investor Relations

 

REAM_InvestorRelations@wellsfargo.com

Additional Information

8

 

 

 

 

 

 

 

Three Wells Fargo, MAC D1050-084,401 S. Tryon Street, 8th Floor | Charlotte, NC 28202

 

Bond / Collateral Reconciliation - Cash Flows

9

Master & Special Servicer

National Cooperative Bank, N.A.

 

 

Bond / Collateral Reconciliation - Balances

10

 

Kathleen Luzik

(703) 647-3473

 

Current Mortgage Loan and Property Stratification

11-15

 

2011 Crystal Drive,Suite 800 | Arlington, VA 22202

 

 

Mortgage Loan Detail (Part 1)

16-18

Special Servicer

KeyBank National Association

 

 

Mortgage Loan Detail (Part 2)

19-21

 

Alan Williams

 

keybank_notices@keybank.com

Principal Prepayment Detail

22

 

11501 Outlook Street,Suite 300 | Overland Park, KS 66211

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Historical Detail

23

Representations Reviewer

 

 

 

Delinquency Loan Detail

24

 

David Rodgers

(212) 230-9025

 

Collateral Stratification and Historical Detail

25

 

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

 

 

Specially Serviced Loan Detail - Part 1

26

 

 

 

 

Specially Serviced Loan Detail - Part 2

27

 

 

 

 

Modified Loan Detail

28

 

 

 

 

Historical Liquidated Loan Detail

29

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

30

 

 

 

 

Interest Shortfall Detail - Collateral Level

31

 

 

 

 

Supplemental Notes

32

 

 

 

 

 

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.

   

© Copyright 2021 Computershare. All rights reserved. Confidential.

Page 1 of 32

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through Rate

 

Beginning

Principal

Interest

Prepayment

 

Total

 

Credit

Credit

Class

CUSIP

(2)

Original Balance

Balance

Distribution

Distribution

Penalties

Realized Losses

Distribution

Ending Balance

Support¹

Support¹

Regular Certificates

 

 

 

 

 

 

 

 

 

 

 

A-1

06540CAW7

0.596000%

22,700,000.00

22,010,687.26

337,260.20

10,931.97

0.00

0.00

348,192.17

21,673,427.06

30.02%

30.00%

A-2

06540CAX5

1.874000%

90,700,000.00

90,700,000.00

0.00

141,643.17

0.00

0.00

141,643.17

90,700,000.00

30.02%

30.00%

A-3

06540CAZ0

1.717000%

32,600,000.00

32,600,000.00

0.00

46,645.17

0.00

0.00

46,645.17

32,600,000.00

30.02%

30.00%

A-SB

06540CAY3

2.067000%

35,500,000.00

35,500,000.00

0.00

61,148.75

0.00

0.00

61,148.75

35,500,000.00

30.02%

30.00%

A-4

06540CBA4

2.031000%

260,000,000.00

260,000,000.00

0.00

440,050.00

0.00

0.00

440,050.00

260,000,000.00

30.02%

30.00%

A-5

06540CBF3

2.285000%

486,079,000.00

486,079,000.00

0.00

925,575.43

0.00

0.00

925,575.43

486,079,000.00

30.02%

30.00%

A-S

06540CCL9

2.457000%

142,450,000.00

142,450,000.00

0.00

291,666.38

0.00

0.00

291,666.38

142,450,000.00

19.26%

19.25%

B

06540CBS5

2.528000%

57,973,000.00

57,973,000.00

0.00

122,129.79

0.00

0.00

122,129.79

57,973,000.00

14.89%

14.88%

C

06540CBX4

2.902000%

53,005,000.00

53,005,000.00

0.00

128,183.76

0.00

0.00

128,183.76

53,005,000.00

10.88%

10.88%

D

06540CAG2

2.500000%

33,128,000.00

33,128,000.00

0.00

69,016.67

0.00

0.00

69,016.67

33,128,000.00

8.38%

8.38%

E

06540CAJ6

2.500000%

24,846,000.00

24,846,000.00

0.00

51,762.50

0.00

0.00

51,762.50

24,846,000.00

6.50%

6.50%

F

06540CAL1

1.763929%

14,907,000.00

14,907,000.00

0.00

21,912.41

0.00

0.00

21,912.41

14,907,000.00

5.38%

5.38%

G

06540CAN7

1.763929%

13,251,000.00

13,251,000.00

0.00

19,478.19

0.00

0.00

19,478.19

13,251,000.00

4.38%

4.38%

H

06540CAQ0

1.763929%

13,251,000.00

13,251,000.00

0.00

19,478.19

0.00

0.00

19,478.19

13,251,000.00

3.38%

3.38%

J

06540CCG0

1.763929%

13,251,000.00

13,251,000.00

0.00

19,478.19

0.00

0.00

19,478.19

13,251,000.00

2.38%

2.38%

K

06540CCJ4

1.763929%

31,472,378.00

31,472,378.00

0.00

46,262.53

0.00

0.00

46,262.53

31,472,378.00

0.00%

0.00%

V

06540CAT4

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

06540CAU1

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

RR

BCC31SHJ2

3.263929%

69,742,809.38

69,706,529.75

17,750.54

189,597.63

0.00

0.00

207,348.17

69,688,779.21

0.00%

0.00%

Interest

 

 

 

 

 

 

 

 

 

 

 

 

Regular SubTotal

 

1,394,856,187.38

1,394,130,595.01

355,010.74

2,604,960.73

0.00

0.00

2,959,971.47

1,393,775,584.27

 

 

 

Notional Certificates

 

 

 

 

 

 

 

 

 

 

 

X-A

06540CBL0

1.158831%

927,579,000.00

926,889,687.26

0.00

895,090.59

0.00

0.00

895,090.59

926,552,427.06

 

 

X-B

06540CBM8

0.697615%

253,428,000.00

253,428,000.00

0.00

147,329.24

0.00

0.00

147,329.24

253,428,000.00

 

 

X-D

06540CAA5

0.763929%

57,974,000.00

57,974,000.00

0.00

36,906.68

0.00

0.00

36,906.68

57,974,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 2 of 32

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through Rate

 

Beginning

Principal

Interest

Prepayment

 

Total

 

Credit

Credit

Class

CUSIP

(2)

Original Balance

Balance

Distribution

Distribution

Penalties

Realized Losses

Distribution

Ending Balance

Support¹

Support¹

Notional Certificates

 

 

 

 

 

 

 

 

 

 

 

X-FG

06540CCC9

1.500000%

28,158,000.00

28,158,000.00

0.00

35,197.50

0.00

0.00

35,197.50

28,158,000.00

 

X-H

06540CAC1

1.500000%

13,251,000.00

13,251,000.00

0.00

16,563.75

0.00

0.00

16,563.75

13,251,000.00

 

X-J

06540CAE7

1.500000%

13,251,000.00

13,251,000.00

0.00

16,563.75

0.00

0.00

16,563.75

13,251,000.00

 

X-K

06540CCE5

1.500000%

31,472,378.00

31,472,378.00

0.00

39,340.47

0.00

0.00

39,340.47

31,472,378.00

 

Notional SubTotal

 

1,325,113,378.00

1,324,424,065.26

0.00

1,186,991.98

0.00

0.00

1,186,991.98

1,324,086,805.06

 

 

Deal Distribution Total

 

 

 

355,010.74

3,791,952.71

0.00

0.00

4,146,963.45

 

 

 

 

*

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.

 

 

 

 

 

 

 

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 3 of 32

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

Realized Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

06540CAW7

969.63380000

14.85727753

0.48158458

0.00000000

0.00000000

0.00000000

0.00000000

15.33886211

954.77652247

A-2

06540CAX5

1,000.00000000

0.00000000

1.56166670

0.00000000

0.00000000

0.00000000

0.00000000

1.56166670

1,000.00000000

A-3

06540CAZ0

1,000.00000000

0.00000000

1.43083344

0.00000000

0.00000000

0.00000000

0.00000000

1.43083344

1,000.00000000

A-SB

06540CAY3

1,000.00000000

0.00000000

1.72250000

0.00000000

0.00000000

0.00000000

0.00000000

1.72250000

1,000.00000000

A-4

06540CBA4

1,000.00000000

0.00000000

1.69250000

0.00000000

0.00000000

0.00000000

0.00000000

1.69250000

1,000.00000000

A-5

06540CBF3

1,000.00000000

0.00000000

1.90416667

0.00000000

0.00000000

0.00000000

0.00000000

1.90416667

1,000.00000000

A-S

06540CCL9

1,000.00000000

0.00000000

2.04750004

0.00000000

0.00000000

0.00000000

0.00000000

2.04750004

1,000.00000000

B

06540CBS5

1,000.00000000

0.00000000

2.10666672

0.00000000

0.00000000

0.00000000

0.00000000

2.10666672

1,000.00000000

C

06540CBX4

1,000.00000000

0.00000000

2.41833336

0.00000000

0.00000000

0.00000000

0.00000000

2.41833336

1,000.00000000

D

06540CAG2

1,000.00000000

0.00000000

2.08333343

0.00000000

0.00000000

0.00000000

0.00000000

2.08333343

1,000.00000000

E

06540CAJ6

1,000.00000000

0.00000000

2.08333333

0.00000000

0.00000000

0.00000000

0.00000000

2.08333333

1,000.00000000

F

06540CAL1

1,000.00000000

0.00000000

1.46994097

0.00000000

0.00000000

0.00000000

0.00000000

1.46994097

1,000.00000000

G

06540CAN7

1,000.00000000

0.00000000

1.46994114

0.00000000

0.00000000

0.00000000

0.00000000

1.46994114

1,000.00000000

H

06540CAQ0

1,000.00000000

0.00000000

1.46994114

0.00000000

0.00000000

0.00000000

0.00000000

1.46994114

1,000.00000000

J

06540CCG0

1,000.00000000

0.00000000

1.46994114

0.00000000

0.00000000

0.00000000

0.00000000

1.46994114

1,000.00000000

K

06540CCJ4

1,000.00000000

0.00000000

1.46994072

0.00000000

0.00000000

0.00000000

0.00000000

1.46994072

1,000.00000000

V

06540CAT4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

06540CAU1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

RR Interest

BCC31SHJ2

999.47980831

0.25451427

2.71852585

0.00000000

0.00000000

0.00000000

0.00000000

2.97304011

999.22529404

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

06540CBL0

999.25686897

0.00000000

0.96497505

0.00000000

0.00000000

0.00000000

0.00000000

0.96497505

998.89327708

X-B

06540CBM8

1,000.00000000

0.00000000

0.58134555

0.00000000

0.00000000

0.00000000

0.00000000

0.58134555

1,000.00000000

X-D

06540CAA5

1,000.00000000

0.00000000

0.63660744

0.00000000

0.00000000

0.00000000

0.00000000

0.63660744

1,000.00000000

X-FG

06540CCC9

1,000.00000000

0.00000000

1.25000000

0.00000000

0.00000000

0.00000000

0.00000000

1.25000000

1,000.00000000

X-H

06540CAC1

1,000.00000000

0.00000000

1.25000000

0.00000000

0.00000000

0.00000000

0.00000000

1.25000000

1,000.00000000

X-J

06540CAE7

1,000.00000000

0.00000000

1.25000000

0.00000000

0.00000000

0.00000000

0.00000000

1.25000000

1,000.00000000

X-K

06540CCE5

1,000.00000000

0.00000000

1.24999992

0.00000000

0.00000000

0.00000000

0.00000000

1.24999992

1,000.00000000

 

 

 

 

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Page 4 of 32

 


 

 

                         

 

 

 

 

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

10/01/21 - 10/30/21

30

0.00

10,931.97

0.00

10,931.97

0.00

0.00

0.00

10,931.97

0.00

 

A-2

10/01/21 - 10/30/21

30

0.00

141,643.17

0.00

141,643.17

0.00

0.00

0.00

141,643.17

0.00

 

A-3

10/01/21 - 10/30/21

30

0.00

46,645.17

0.00

46,645.17

0.00

0.00

0.00

46,645.17

0.00

 

A-SB

10/01/21 - 10/30/21

30

0.00

61,148.75

0.00

61,148.75

0.00

0.00

0.00

61,148.75

0.00

 

A-4

10/01/21 - 10/30/21

30

0.00

440,050.00

0.00

440,050.00

0.00

0.00

0.00

440,050.00

0.00

 

A-5

10/01/21 - 10/30/21

30

0.00

925,575.43

0.00

925,575.43

0.00

0.00

0.00

925,575.43

0.00

 

X-A

10/01/21 - 10/30/21

30

0.00

895,090.59

0.00

895,090.59

0.00

0.00

0.00

895,090.59

0.00

 

X-B

10/01/21 - 10/30/21

30

0.00

147,329.24

0.00

147,329.24

0.00

0.00

0.00

147,329.24

0.00

 

A-S

10/01/21 - 10/30/21

30

0.00

291,666.38

0.00

291,666.38

0.00

0.00

0.00

291,666.38

0.00

 

B

10/01/21 - 10/30/21

30

0.00

122,129.79

0.00

122,129.79

0.00

0.00

0.00

122,129.79

0.00

 

C

10/01/21 - 10/30/21

30

0.00

128,183.76

0.00

128,183.76

0.00

0.00

0.00

128,183.76

0.00

 

X-D

10/01/21 - 10/30/21

30

0.00

36,906.68

0.00

36,906.68

0.00

0.00

0.00

36,906.68

0.00

 

X-FG

10/01/21 - 10/30/21

30

0.00

35,197.50

0.00

35,197.50

0.00

0.00

0.00

35,197.50

0.00

 

X-H

10/01/21 - 10/30/21

30

0.00

16,563.75

0.00

16,563.75

0.00

0.00

0.00

16,563.75

0.00

 

X-J

10/01/21 - 10/30/21

30

0.00

16,563.75

0.00

16,563.75

0.00

0.00

0.00

16,563.75

0.00

 

X-K

10/01/21 - 10/30/21

30

0.00

39,340.47

0.00

39,340.47

0.00

0.00

0.00

39,340.47

0.00

 

D

10/01/21 - 10/30/21

30

0.00

69,016.67

0.00

69,016.67

0.00

0.00

0.00

69,016.67

0.00

 

E

10/01/21 - 10/30/21

30

0.00

51,762.50

0.00

51,762.50

0.00

0.00

0.00

51,762.50

0.00

 

F

10/01/21 - 10/30/21

30

0.00

21,912.41

0.00

21,912.41

0.00

0.00

0.00

21,912.41

0.00

 

G

10/01/21 - 10/30/21

30

0.00

19,478.19

0.00

19,478.19

0.00

0.00

0.00

19,478.19

0.00

 

H

10/01/21 - 10/30/21

30

0.00

19,478.19

0.00

19,478.19

0.00

0.00

0.00

19,478.19

0.00

 

J

10/01/21 - 10/30/21

30

0.00

19,478.19

0.00

19,478.19

0.00

0.00

0.00

19,478.19

0.00

 

K

10/01/21 - 10/30/21

30

0.00

46,262.53

0.00

46,262.53

0.00

0.00

0.00

46,262.53

0.00

 

RR Interest

10/01/21 - 10/30/21

30

0.00

189,597.63

0.00

189,597.63

0.00

0.00

0.00

189,597.63

0.00

 

Totals

 

 

0.00

3,791,952.71

0.00

3,791,952.71

0.00

0.00

0.00

3,791,952.71

0.00

 

 

 

 

 

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Page 5 of 32

 


 

 

                         

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

Prepayment

 

 

 

 

 

Class

CUSIP

Rate

Balance

Beginning Balance Principal Distribution Interest Distribution

Penalties

 

Losses

 

Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

 

A-4 (EC)

06540CBA4

2.031000%

260,000,000.00

260,000,000.00

0.00

440,050.00

0.00

 

0.00

 

440,050.00

260,000,000.00

A-5 (EC)

06540CBF3

2.285000%

486,079,000.00

486,079,000.00

0.00

925,575.43

0.00

 

0.00

 

925,575.43

486,079,000.00

A-S (EC)

06540CCL9

2.457000%

142,450,000.00

142,450,000.00

0.00

291,666.38

0.00

 

0.00

 

291,666.38

142,450,000.00

B (EX)

06540CBS5

2.528000%

57,973,000.00

57,973,000.00

0.00

122,129.79

0.00

 

0.00

 

122,129.79

57,973,000.00

C (EX)

06540CBX4

2.902000%

53,005,000.00

53,005,000.00

0.00

128,183.76

0.00

 

0.00

 

128,183.76

53,005,000.00

Regular Interest Total

 

 

999,507,000.00

999,507,000.00

0.00

1,907,605.36

0.00

 

0.00

 

1,907,605.36

999,507,000.00

 

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

A-4-1

06540CBB2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-1

06540CBB2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-2

06540CBC0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-2

06540CBC0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-X1

06540CBD8

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-4-X2

06540CBE6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-5-1

06540CBG1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-5-1

06540CBG1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-5-2

06540CBH9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-5-2

06540CBH9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-5-X1

06540CBJ5

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-5-X2

06540CBK2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-1

06540CBN6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-1

06540CBN6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-2

06540CBP1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-2

06540CBP1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-X1

06540CBQ9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-X2

06540CBR7

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-1

06540CBT3

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-1

06540CBT3

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-2

06540CBU0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-2

06540CBU0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-X1

06540CBV8

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-X2

06540CBW6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-1

06540CBY2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-1

06540CBY2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

 

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Page 6 of 32

 


 

 

                         

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

 

Pass-Through

Maximum Initial

 

 

 

Prepayment

 

 

 

 

 

Class

CUSIP

Rate

Balance

Beginning Balance

Principal Distribution

   Interest Distribution

Penalties

 

Losses

 

Total Distribution

Ending Balance

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

C-2

06540CBZ9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-X1

06540CCA3

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-X2

06540CCB1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

Exchangeable Certificates Total

 

0.00

0.00

0.00

0.00

       0.00

 

0.00

 

0.00

0.00

 

 

 

 

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Page 7 of 32

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,146,963.45

 

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

 

 

 

 

 

 

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Page 8 of 32

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,813,745.03

Master Servicing Fee

13,196.78

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

6,336.77

Interest Adjustments

0.00

Trustee Fee

290.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

600.25

ARD Interest

0.00

Operating Advisor Fee

1,152.48

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

216.09

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,813,745.03

Total Fees

21,792.37

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

355,010.77

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

355,010.77

Total Expenses/Reimbursements

0.00

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,791,952.71

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

355,010.74

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,146,963.45

Total Funds Collected

4,168,755.80

Total Funds Distributed

4,168,755.82

 

 

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Page 9 of 32

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

1,394,130,595.02

1,394,130,595.02

Beginning Certificate Balance

1,394,130,595.01

(-) Scheduled Principal Collections

355,010.77

355,010.77

(-) Principal Distributions

355,010.74

(-) 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

(0.03)

(0.03)

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

1,393,775,584.28

1,393,775,584.28

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

1,394,130,595.02

1,394,130,595.02

Ending Certificate Balance

1,393,775,584.27

Ending Actual Collateral Balance

1,393,775,584.28

1,393,775,584.28

 

 

 

 

 

 

 

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

0.00%

 

 

 

 

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 10 of 32

 


 

 

                             

 

 

 

 

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

 

10,000,000 or less

41

177,431,714.46

12.73%

114

3.2936

5.823208

1.60 or less

4

78,040,000.00

5.60%

116

3.7302

1.467002

10,000,001 to 20,000,000

7

90,705,000.00

6.51%

116

3.2695

2.927676

1.61 to 1.80

1

109,281,342.00

7.84%

116

3.0850

1.780000

20,000,001 to 30,000,000

13

340,480,000.00

24.43%

103

3.1895

2.975231

1.81 to 2.00

3

71,979,100.40

5.16%

116

3.9355

1.949809

30,000,001 to 40,000,000

6

215,622,500.00

15.47%

106

3.0150

3.523404

2.01 to 2.20

2

49,740,000.00

3.57%

98

3.3936

2.086224

40,000,001 to 50,000,000

5

228,665,000.00

16.41%

116

3.5521

2.377078

2.21 to 2.40

4

113,200,000.00

8.12%

116

3.5415

2.263980

50,000,001 to 50,000,000

3

163,590,027.82

11.74%

113

2.7571

3.595699

2.41 or greater

63

971,535,141.88

69.71%

109

3.0330

4.001504

 

60,000,001 or greater

2

177,281,342.00

12.72%

116

3.0885

2.784956

Totals

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

 

Totals

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 32

 


 

 

                           

 

 

 

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

Arizona

1

9,715,000.00

0.70%

79

2.8960

4.210000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

21

188,247,788.96

13.51%

116

3.1784

2.227175

California

15

217,964,567.63

15.64%

102

3.1076

3.200597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

1

11,841,617.00

0.85%

115

3.0870

3.390000

Colorado

1

30,000,000.00

2.15%

116

2.8000

4.330000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

2

12,250,000.00

0.88%

116

3.4015

3.020204

Connecticut

12

27,440,000.00

1.97%

116

3.8846

1.681079

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

39

333,777,641.88

23.95%

116

3.2953

4.053993

Delaware

1

44,000,000.00

3.16%

117

4.3700

1.960000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

17

380,894,436.00

27.33%

106

3.0372

3.516361

Florida

2

41,162,932.37

2.95%

116

3.3963

2.498624

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

9

346,815,000.00

24.88%

105

3.1732

3.357907

Kentucky

2

38,800,000.00

2.78%

70

3.0185

3.194021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

20

119,949,100.40

8.61%

116

3.2847

2.864013

Maryland

2

69,000,000.00

4.95%

116

3.5518

2.114130

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

109

1,393,775,584.28

100.00%

111

3.1769

3.369986

Massachusetts

1

10,000,000.00

0.72%

117

3.8900

2.300000

 

 

 

 

 

 

 

Nebraska

1

7,420,000.00

0.53%

116

3.0000

3.600000

 

 

 

 

 

 

 

Nevada

2

34,125,000.00

2.45%

116

3.1178

2.560147

 

 

 

 

 

 

 

New Jersey

3

10,400,000.00

0.75%

116

2.9450

3.310000

 

 

 

 

 

 

 

New York

39

372,208,983.84

26.71%

116

3.1545

3.757467

 

 

 

 

 

 

 

North Carolina

1

11,240,000.00

0.81%

116

3.0700

3.250000

 

 

 

 

 

 

 

Ohio

4

40,750,000.00

2.92%

115

3.0890

3.064454

 

 

 

 

 

 

 

Pennsylvania

8

145,920,000.00

10.47%

103

3.1573

3.394658

 

 

 

 

 

 

 

Tennessee

1

3,479,100.40

0.25%

116

3.5500

1.890000

 

 

 

 

 

 

 

Texas

2

79,250,000.00

5.69%

116

3.1352

4.279842

 

 

 

 

 

 

 

Utah

1

20,800,000.00

1.49%

117

3.4000

3.020000

 

 

 

 

 

 

 

Virginia

7

42,250,000.00

3.03%

116

2.9862

3.472308

 

 

 

 

 

 

 

Washington

1

44,850,000.00

3.22%

116

3.3200

2.320000

 

 

 

 

 

 

 

Washington, DC

2

93,000,000.00

6.67%

110

2.5537

4.703441

 

 

 

 

 

 

 

Totals

109

1,393,775,584.28

100.00%

111

3.1769

3.369986

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 32

 


 

 

                             

 

 

 

 

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

 

3.249% or less

37

871,265,632.52

62.51%

112

2.9310

3.668958

12 months or less

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

 

3.250% to 3.490%

28

301,075,851.36

21.60%

109

3.3611

3.395320

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

3.500% to 3.990%

8

145,394,100.40

10.43%

104

3.7099

2.382444

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.000% or greater

4

76,040,000.00

5.46%

117

4.2445

1.732309

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

49 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

(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.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 13 of 32

 


 

 

                             

 

 

 

 

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

 

119 months or less

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

Interest Only

49

1,043,182,500.00

74.85%

110

3.1861

3.507090

 

120 months or greater

0

0.00

0.00%

0

0.0000

0.000000

357 months or less

23

324,345,461.68

23.27%

113

3.1425

2.493581

 

Totals

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

358 months to 477 months

5

26,247,622.60

1.88%

116

3.2321

8.750804

 

 

 

 

 

 

 

 

478 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

(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.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 14 of 32

 


 

 

                             

 

 

 

 

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

51

1,316,462,970.22

94.45%

110

3.1732

3.026703

119 months or Less

0

0.00

0.00%

0

0.0000

0.000000

 

12 months or less

26

77,312,614.06

5.55%

116

3.2387

9.215346

120 Months or greater

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

Totals

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

77

1,393,775,584.28

100.00%

111

3.1769

3.369986

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 15 of 32

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

    Original Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

     Interest

 

Scheduled

Scheduled

Principal

Anticipated Maturity Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State     Accrual Type     Gross Rate

Interest

Principal

Adjustments Repay Date     Date

    Date

Balance

Balance

Date

 

1

300802205

IN

Suffern

NY

Actual/360

3.085%

290,781.89

178,040.43

0.00

N/A

07/01/31

--

109,459,382.40

109,281,342.00

11/01/21

 

2

325160002

RT

Austin

TX

Actual/360

3.094%

181,170.89

0.00

0.00

N/A

07/01/31

--

68,000,000.00

68,000,000.00

11/01/21

 

2A

325160102

 

 

 

Actual/360

3.094%

21,314.22

0.00

0.00

N/A

07/01/31

--

8,000,000.00

8,000,000.00

11/01/21

 

3

300802198

OF

Washington

DC

Actual/360

2.537%

120,131.46

0.00

0.00

11/01/30

10/01/33

--

55,000,000.00

55,000,000.00

11/01/21

 

4

211002640

MF

New York

NY

Actual/360

2.375%

111,852.60

101,906.35

0.00

N/A

07/01/31

--

54,691,934.17

54,590,027.82

11/01/21

 

5

310958630

OF

New York

NY

Actual/360

3.368%

156,620.45

0.00

0.00

N/A

06/11/31

--

54,000,000.00

54,000,000.00

11/11/21

 

6

310956631

RT

Camp Hill

PA

Actual/360

2.920%

123,999.83

0.00

0.00

N/A

07/11/31

--

49,315,000.00

49,315,000.00

11/11/21

 

7

325160007

MF

Various

NY

Actual/360

3.492%

138,322.00

0.00

0.00

N/A

07/01/31

--

46,000,000.00

46,000,000.00

11/01/21

 

8

2063084

MF

Yakima

WA

Actual/360

3.320%

128,221.17

0.00

0.00

N/A

07/01/31

--

44,850,000.00

44,850,000.00

11/01/21

 

9

2163936

RT

Clinton

MD

Actual/360

3.740%

143,314.72

0.00

0.00

N/A

07/01/31

--

44,500,000.00

44,500,000.00

11/01/21

 

10

2164130

MF

Lewes

DE

Actual/360

4.370%

165,574.44

0.00

0.00

N/A

08/01/31

--

44,000,000.00

44,000,000.00

11/01/21

 

11

310957834

OF

San Francisco

CA

Actual/360

2.910%

100,233.33

0.00

0.00

N/A

07/11/31

--

40,000,000.00

40,000,000.00

11/11/21

 

12

300802195

OF

Washington

DC

Actual/360

2.579%

84,374.25

0.00

0.00

05/01/31

02/01/32

--

38,000,000.00

38,000,000.00

11/01/21

 

13

2164407

SS

Various

Various

Actual/360

2.945%

90,027.01

0.00

0.00

N/A

07/01/31

--

35,500,000.00

35,500,000.00

11/01/21

 

14

2164050

RT

Key West

FL

Actual/360

3.375%

103,171.88

0.00

0.00

N/A

07/01/31

--

35,500,000.00

35,500,000.00

11/01/21

 

15

310957489

RT

Rosemead

CA

Actual/360

3.250%

97,951.39

0.00

0.00

N/A

07/11/26

--

35,000,000.00

35,000,000.00

11/11/21

 

16

610957571

Various Various

CA

Actual/360

3.087%

84,060.51

0.00

0.00

N/A

06/11/31

--

31,622,500.00

31,622,500.00

11/11/21

 

17

453012475

OF

Pittsburgh

PA

Actual/360

3.683%

95,143.37

0.00

0.00

N/A

06/01/26

--

30,000,000.00

30,000,000.00

11/01/21

 

18

300802204

RT

Lakewood

CO

Actual/360

2.800%

72,333.33

0.00

0.00

N/A

07/01/31

--

30,000,000.00

30,000,000.00

11/01/21

 

19

211002182

IN

Various

VA

Actual/360

2.945%

76,089.50

0.00

0.00

N/A

07/01/31

--

30,000,000.00

30,000,000.00

11/01/21

 

20