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Form 10-D COMM 2013-CCRE12 Mortgag For: May 12

May 23, 2022 5:15 PM EDT

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-D

ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from:   April 13, 2022 to May 12, 2022

Commission File Number of issuing entity:  333-184376-09

Central Index Key Number of issuing entity:  0001587981

COMM 2013-CCRE12 Mortgage Trust
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-184376

Central Index Key Number of depositor:  0001013454

Deutsche Mortgage & Asset Receiving Corporation
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541294

German American Capital Corporation
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001558761

Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)

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

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

Lainie Kaye (212) 250-2500
(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)

38-3918802
38-3918803
38-7109049
(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-4

     

     

  X  

     

A-SB

     

     

  X  

     

A-M

     

     

  X  

     

B

     

     

  X  

     

PEZ

     

     

  X  

     

C

     

     

  X  

     

X-A

     

     

  X  

     

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes   X   No      

Part I - DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On May 12, 2022 a distribution was made to holders of the certificates issued by COMM 2013-CCRE12 Mortgage Trust.

The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.

The following table presents the loss information for the trust assets for the COMM 2013-CCRE12 Mortgage Trust in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:

Loss Information as reported on May 12, 2022

Number of Delinquencies 30+ days

% of Delinquencies 30+ days by Pool Balance

Number of Loans/REOs with Losses

Average Net Loss

5

23.45%

5

$4,837,019.62

No assets securitized by Deutsche Mortgage & Asset Receiving Corporation (the "Depositor") and held by COMM 2013-CCRE12 Mortgage Trust were the subject of a demand to repurchase for breach of the representations and warranties contained in the underlying transaction documents during the distribution period from April 13, 2022 to May 12, 2022.

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 15, 2022. The CIK number for the Depositor is 0001013454.

German American Capital Corporation ("GACC"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 15, 2022. The CIK number of GACC is 0001541294.

Cantor Commercial Real Estate Lending, L.P. ("CCREL"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on May 12, 2022. The CIK number of CCREL is 0001558761.

UBS Real Estate Securities Inc. ("UBS"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on May 12, 2022. The CIK number of UBS is 0001541886.

Part II - OTHER INFORMATION

Item 6. Significant Obligors of Pool Assets.

The 175 West Jackson Mortgage Loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the Prospectus Supplement filed with the SEC on November 6, 2013 for COMM 2013-CCRE12 Mortgage Trust. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $9,434,542.00 for the period from January 1, 2021 through December 31, 2021.

The Miracle Mile Shops Mortgage Loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the Prospectus Supplement filed with the SEC on November 6, 2013 for COMM 2013-CCRE12 Mortgage Trust. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $42,649,559.00 for the period from January 1, 2021 through December 31, 2021.

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 COMM 2013-CCRE12 Mortgage Trust, relating to the May 12, 2022 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.

Deutsche Mortgage & Asset Receiving Corporation
(Depositor)

 

/s/ Matt Smith
Matt Smith, Director

Date: May 23, 2022

 

/s/ R. Chris Jones
R. Chris Jones, Director

Date: May 23, 2022

 

 

 

     

Distribution Date:

05/12/22

COMM 2013-CCRE12 Mortgage Trust

Determination Date:

05/06/22

 

Next Distribution Date:

06/10/22

 

Record Date:

04/29/22

Commercial Mortgage Pass-Through Certificates

 

 

Series 2013-CCRE12

March 2022 - Servicer Revision

 

The distribution date statement has been revised to remove an incorrect REO date for Loan 656100156.

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

Deutsche Mortgage & Asset Receiving Corporation

 

 

Certificate Factor Detail

3

 

Helaine M. Kaplan

(212) 250-5270

 

Certificate Interest Reconciliation Detail

4

 

60 Wall Street | New York, NY 10005 | United States

 

 

 

 

Master Servicer

Wells Fargo Bank, N.A.

 

 

Exchangeable Certificate Detail

5

 

 

 

 

 

 

 

Investor Relations

 

[email protected]

Additional Information

6

 

 

 

 

 

 

 

1901 Harrison Street | Oakland, CA 94612 | United States

 

 

Bond / Collateral Reconciliation - Cash Flows

7

Special Servicer

LNR Partners, LLC

 

 

Bond / Collateral Reconciliation - Balances

8

 

LNR CMBS Notices

(305) 695-5600

[email protected]

Current Mortgage Loan and Property Stratification

9-13

 

2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States

 

Mortgage Loan Detail (Part 1)

14-15

Operating Advisor

Park Bridge Lender Services LLC

 

 

Mortgage Loan Detail (Part 2)

16-17

 

David Rodgers

(212) 230-9025

 

Principal Prepayment Detail

18

 

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

 

 

Historical Detail

19

Certificate Administrator

Computershare Trust Company, N.A. as agent for Wells Fargo

 

 

 

 

 

Bank, N.A.

 

 

Delinquency Loan Detail

20

 

Corporate Trust Services (CMBS)

 

[email protected];

Collateral Stratification and Historical Detail

21

 

 

 

[email protected]

 

 

 

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

 

 

Specially Serviced Loan Detail - Part 1

22

 

 

 

 

 

 

Controlling Class

BPC AS LLC

 

 

Specially Serviced Loan Detail - Part 2

23

Representative

 

 

 

Modified Loan Detail

24

 

-

 

 

Historical Liquidated Loan Detail

25

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

26-27

 

 

 

 

Interest Shortfall Detail - Collateral Level

28

 

 

 

 

Supplemental Notes

29

 

 

 

 

 

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 29

 


 

 

                         

 

 

 

 

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

12591KAA3

1.295000%

61,738,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

12591KAB1

2.904000%

98,472,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-3

12591KAD7

3.765000%

225,000,000.00

207,208,140.50

0.00

650,115.54

0.00

0.00

650,115.54

207,208,140.50

36.20%

30.00%

A-4

12591KAE5

4.046000%

355,963,000.00

355,963,000.00

0.00

1,200,188.58

0.00

0.00

1,200,188.58

355,963,000.00

36.20%

30.00%

A-SB

12591KAC9

3.623000%

96,466,000.00

28,688,914.13

1,834,246.91

86,616.61

0.00

0.00

1,920,863.52

26,854,667.22

36.20%

30.00%

A-M

12591KAG0

4.300000%

76,285,000.00

76,285,000.00

0.00

273,354.58

0.00

0.00

273,354.58

76,285,000.00

27.95%

23.63%

B

12591KAH8

4.762000%

79,277,000.00

79,277,000.00

0.00

314,597.56

0.00

0.00

314,597.56

79,277,000.00

19.38%

17.00%

C

12591KAK1

5.067642%

49,361,000.00

49,361,000.00

0.00

190,418.93

0.00

0.00

190,418.93

49,361,000.00

14.04%

12.88%

D

12624SAE9

5.067642%

64,319,000.00

64,319,000.00

0.00

0.00

0.00

0.00

0.00

64,319,000.00

7.09%

7.50%

E*

12624SAG4

5.067642%

23,932,000.00

23,932,000.00

0.00

0.00

0.00

0.00

0.00

23,932,000.00

4.50%

5.50%

F

12624SAJ8

3.016000%

16,454,000.00

16,454,000.00

0.00

0.00

0.00

0.00

0.00

16,454,000.00

2.72%

4.13%

G

12624SAL3

3.016000%

49,361,377.00

25,066,522.12

0.00

0.00

0.00

(109,757.38)

0.00

25,176,279.50

0.00%

0.00%

V

12624SAN9

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

12624SAQ2

0.000000%

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

LR

12624SAS8

0.000000%

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

1,196,628,379.01

926,554,576.75

1,834,246.91

2,715,291.80

0.00

(109,757.38)

4,549,538.71

924,830,087.22

 

 

 

 

X-A

12591KAF2

1.097949%

913,924,000.00

668,145,054.63

0.00

611,324.58

0.00

0.00

611,324.58

666,310,807.72

 

 

X-B

12624SAA7

0.125574%

192,957,000.00

192,957,000.00

0.00

20,191.98

0.00

0.00

20,191.98

192,957,000.00

 

 

X-C

12624SAC3

1.301481%

89,747,377.00

65,452,522.12

0.00

70,987.70

0.00

0.00

70,987.70

65,562,279.50

 

 

Notional SubTotal

 

1,196,628,377.00

926,554,576.75

0.00

702,504.26

0.00

0.00

702,504.26

924,830,087.22

 

 

 

Deal Distribution Total

 

 

 

1,834,246.91

3,417,796.06

0.00

(109,757.38)

5,252,042.97

 

 

 

 

*

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.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 of 29

 


 

 

                     

 

 

 

 

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

12591KAA3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

12591KAB1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

12591KAD7

920.92506889

0.00000000

2.88940240

0.00000000

0.00000000

0.00000000

0.00000000

2.88940240

920.92506889

A-4

12591KAE5

1,000.00000000

0.00000000

3.37166666

0.00000000

0.00000000

0.00000000

0.00000000

3.37166666

1,000.00000000

A-SB

12591KAC9

297.39923009

19.01443939

0.89789781

0.00000000

0.00000000

0.00000000

0.00000000

19.91233720

278.38479070

A-M

12591KAG0

1,000.00000000

0.00000000

3.58333329

0.00000000

0.00000000

0.00000000

0.00000000

3.58333329

1,000.00000000

B

12591KAH8

1,000.00000000

0.00000000

3.96833331

0.00000000

0.00000000

0.00000000

0.00000000

3.96833331

1,000.00000000

C

12591KAK1

1,000.00000000

0.00000000

3.85767975

0.36535504

0.36535504

0.00000000

0.00000000

3.85767975

1,000.00000000

D

12624SAE9

1,000.00000000

0.00000000

0.00000000

4.22303487

26.61318973

0.00000000

0.00000000

0.00000000

1,000.00000000

E

12624SAG4

1,000.00000000

0.00000000

0.00000000

4.22303485

102.36873224

0.00000000

0.00000000

0.00000000

1,000.00000000

F

12624SAJ8

1,000.00000000

0.00000000

0.00000000

2.51333354

73.80843138

0.00000000

0.00000000

0.00000000

1,000.00000000

G

12624SAL3

507.81650844

0.00000000

0.00000000

1.27631225

145.10399133

0.00000000

(2.22354778)

0.00000000

510.04005622

V

12624SAN9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

12624SAQ2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

LR

12624SAS8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

12591KAF2

731.07288421

0.00000000

0.66890089

0.00000000

0.00000000

0.00000000

0.00000000

0.66890089

729.06588263

X-B

12624SAA7

1,000.00000000

0.00000000

0.10464497

0.00000000

0.00000000

0.00000000

0.00000000

0.10464497

1,000.00000000

X-C

12624SAC3

729.29732665

0.00000000

0.79097242

0.00000000

0.00000000

0.00000000

0.00000000

0.79097242

730.52028585

 

 

 

 

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Page 3 of 29

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-3

04/01/22 - 04/30/22

30

0.00

650,115.54

0.00

650,115.54

0.00

0.00

0.00

650,115.54

0.00

 

A-4

04/01/22 - 04/30/22

30

0.00

1,200,188.58

0.00

1,200,188.58

0.00

0.00

0.00

1,200,188.58

0.00

 

A-SB

04/01/22 - 04/30/22

30

0.00

86,616.61

0.00

86,616.61

0.00

0.00

0.00

86,616.61

0.00

 

A-M

04/01/22 - 04/30/22

30

0.00

273,354.58

0.00

273,354.58

0.00

0.00

0.00

273,354.58

0.00

 

B

04/01/22 - 04/30/22

30

0.00

314,597.56

0.00

314,597.56

0.00

0.00

0.00

314,597.56

0.00

 

C

04/01/22 - 04/30/22

30

0.00

208,453.23

0.00

208,453.23

18,034.29

0.00

0.00

190,418.93

18,034.29

 

D

04/01/22 - 04/30/22

30

1,440,112.37

271,621.38

0.00

271,621.38

271,621.38

0.00

0.00

0.00

1,711,733.75

 

E

04/01/22 - 04/30/22

30

2,348,822.83

101,065.67

0.00

101,065.67

101,065.67

0.00

0.00

0.00

2,449,888.50

 

F

04/01/22 - 04/30/22

30

1,173,089.54

41,354.39

0.00

41,354.39

41,354.39

0.00

0.00

0.00

1,214,443.93

 

G

04/01/22 - 04/30/22

30

7,099,532.29

63,000.53

0.00

63,000.53

63,000.53

0.00

0.00

0.00

7,162,532.82

 

X-A

04/01/22 - 04/30/22

30

0.00

611,324.58

0.00

611,324.58

0.00

0.00

0.00

611,324.58

0.00

 

X-B

04/01/22 - 04/30/22

30

0.00

20,191.98

0.00

20,191.98

0.00

0.00

0.00

20,191.98

0.00

 

X-C

04/01/22 - 04/30/22

30

0.00

70,987.70

0.00

70,987.70

0.00

0.00

0.00

70,987.70

0.00

 

V

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

 

12,061,557.03

3,912,872.33

0.00

3,912,872.33

495,076.26

0.00

0.00

3,417,796.06

12,556,633.29

 

 

 

 

 

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Page 4 of 29

 


 

 

                       

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

   Prepayment

 

 

 

 

Class

CUSIP

Rate

Original Balance

Beginning Balance                                      Principal Distribution     Interest Distribution

    Penalties

 

Realized Losses

Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

A-M (Cert)

12591KAG0

4.300000%

76,285,000.00

76,285,000.00

0.00

273,354.58

0.00

 

0.00

273,354.58

76,285,000.00

A-M (PEZ)

NA

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

B (Cert)

12591KAH8

4.762000%

79,277,000.00

79,277,000.00

0.00

314,597.56

0.00

 

0.00

314,597.56

79,277,000.00

B (PEZ)

NA

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

C (Cert)

12591KAK1

5.067642%

49,361,000.00

49,361,000.00

0.00

190,418.93

0.00

 

0.00

190,418.93

49,361,000.00

C (PEZ)

NA

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Regular Interest Total

 

 

204,923,000.03

204,923,000.00

0.00

778,371.07

0.00

 

0.00

778,371.07

204,923,000.00

 

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

PEZ

12591KAJ4

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Exchangeable Certificates Total

 

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

 

 

 

 

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Page 5 of 29

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

5,252,042.97

 

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

 

 

 

 

 

 

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Page 6 of 29

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,991,661.75

Master Servicing Fee

72,351.32

Interest Reductions due to Nonrecoverability Determination

(65,439.31)

Certificate Administrator Fee

2,609.80

Interest Adjustments

0.00

Trustee Fee

324.29

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

386.06

ARD Interest

0.00

Operating Advisor Fee

2,085.77

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

0.00

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

Total Fees

77,757.25

Total Interest Collected

3,926,222.44

 

 

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

1,724,489.56

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

385,414.82

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

45,254.30

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

109,757.38

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

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

1,834,246.94

Total Expenses/Reimbursements

430,669.12

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,417,796.06

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

1,834,246.91

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

5,252,042.97

Total Funds Collected

5,760,469.38

Total Funds Distributed

5,760,469.34

 

 

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Page 7 of 29

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

926,554,576.75

926,554,576.75

Beginning Certificate Balance

926,554,576.75

(-) Scheduled Principal Collections

1,724,489.56

1,724,489.56

(-) Principal Distributions

1,834,246.91

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

(109,757.38)

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

(109,757.38)

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

(109,757.38)

(109,757.38)

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

924,830,087.22

924,830,087.22

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

931,078,633.44

931,078,633.44

Ending Certificate Balance

924,830,087.22

Ending Actual Collateral Balance

929,438,027.66

929,438,027.66

 

 

 

 

 

 

 

                            NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

                      Non-Recoverable Advances (NRA) from

               Workout Delayed Reimbursement of Advances

 

 

 

 

                          Principal

                  (WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

5.07%

 

 

 

 

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 8 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

 

9,999,999 or Less

20

97,235,230.59

10.51%

16

5.3431

1.635344

1.39 or less

19

516,391,875.34

55.84%

17

5.1236

0.868838

10,000,000 to 24,999,999

8

117,564,069.62

12.71%

17

5.5200

1.308546

1.40 to 1.44

1

2,559,085.89

0.28%

16

5.0800

1.441600

25,000,000 to 39,999,999

2

73,992,443.42

8.00%

17

5.2434

0.923999

1.45 to 1.54

2

70,843,432.70

7.66%

18

5.1783

1.533930

40,000,000 to 59,999,999

3

146,962,916.98

15.89%

16

4.6445

2.773642

1.55 to 1.64

1

6,434,636.02

0.70%

17

5.0475

1.553900

60,000,000 to 69,999,999

0

0.00

0.00%

0

0.0000

0.000000

1.65 to 1.74

2

13,587,831.74

1.47%

17

5.0696

1.709318

 

70,000,000 or Greater

2

274,517,021.30

29.68%

17

5.1681

0.732141

1.75 to 1.84

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

1.85 to 1.99

1

4,177,281.59

0.45%

17

5.3600

1.862700

 

 

 

 

 

 

 

 

2.00 or greater

9

96,277,538.63

10.41%

17

5.2802

4.027968

 

 

 

 

 

 

 

 

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

(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 9 of 29

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

State³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

State

 

 

 

WAM²

WAC

 

State

 

 

 

WAM²

WAC

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Defeased

42

214,558,405.31

23.20%

15

5.2356

NAP

Wisconsin

3

7,665,978.59

0.83%

17

5.4031

3.189442

Alabama

2

3,977,452.06

0.43%

17

5.1377

3.558434

Totals

108

924,830,087.22

100.00%

16

5.1697

1.380144

Arizona

3

3,808,789.09

0.41%

17

5.1248

6.005800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

California

1

6,434,636.02

0.70%

17

5.0475

1.553900

 

 

 

 

 

 

 

Colorado

1

1,155,475.34

0.12%

17

5.1248

6.005800

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Connecticut

1

5,322,217.24

0.58%

17

5.2340

1.092300

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Florida

8

19,605,746.91

2.12%

17

5.2084

3.734109

Defeased

42

214,558,405.31

23.20%

15

5.2356

NAP

Georgia

6

80,890,174.13

8.75%

15

4.3233

1.583446

Industrial

1

6,716,617.78

0.73%

15

5.4975

3.006100

Illinois

3

153,431,620.68

16.59%

18

5.0767

0.418923

Lodging

4

44,940,256.60

4.86%

17

5.6985

1.598055

Indiana

2

7,833,816.66

0.85%

17

5.3775

1.381281

Mixed Use

3

59,440,145.36

6.43%

18

5.1398

1.586266

Kansas

1

7,571,575.25

0.82%

17

5.2280

2.060100

Mobile Home Park

1

2,803,070.91

0.30%

17

5.4125

1.699000

Louisiana

5

32,915,770.66

3.56%

17

5.2744

1.265285

Multi-Family

4

18,293,155.80

1.98%

16

5.5633

1.462636

Maryland

2

4,784,445.81

0.52%

16

5.1008

3.564518

Office

6

223,553,008.16

24.17%

17

5.1603

0.586970

Michigan

2

1,711,815.33

0.19%

17

5.1248

6.005800

Retail

20

311,730,044.19

33.71%

16

5.0343

1.231109

Nevada

3

139,799,133.63

15.12%

16

5.2478

1.211344

Self Storage

27

42,795,383.11

4.63%

17

5.1248

6.005800

New Hampshire

2

86,889,823.80

9.40%

18

5.0612

1.327734

Totals

108

924,830,087.22

100.00%

16

5.1697

1.380144

New Jersey

1

2,910,086.05

0.31%

17

5.1248

6.005800

 

 

 

 

 

 

 

New York

2

24,375,723.67

2.64%

18

5.3723

2.104172

 

 

 

 

 

 

 

North Carolina

4

8,943,191.01

0.97%

17

5.2611

3.766487

 

 

 

 

 

 

 

Ohio

1

2,803,070.91

0.30%

17

5.4125

1.699000

 

 

 

 

 

 

 

Pennsylvania

2

13,220,608.82

1.43%

17

5.4258

1.248430

 

 

 

 

 

 

 

Texas

6

25,185,260.87

2.72%

16

5.4058

2.373658

 

 

 

 

 

 

 

Washington

2

8,359,104.58

0.90%

15

5.4243

3.595513

 

 

 

 

 

 

 

Washington, DC

1

35,492,092.21

3.84%

15

5.4640

0.779400

 

 

 

 

 

 

 

West Virginia

2

25,184,072.57

2.72%

17

6.4416

0.742293

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

 

4.0000% or less

1

55,778,061.28

6.03%

14

3.9000

1.361500

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.0001% to 4.9999%

2

25,518,523.21

2.76%

17

4.9831

1.065744

13 to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.0000% to 5.2499%

13

323,197,526.56

34.95%

18

5.1004

1.544026

25 to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.2500% or greater

19

305,777,570.86

33.06%

16

5.4438

1.267797

37 to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

49 months or greater

35

710,271,681.91

76.80%

17

5.1498

1.393590

 

 

 

 

 

 

 

 

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

(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 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

 

60 months or less

35

710,271,681.91

76.80%

17

5.1498

1.393590

60 months or less

0

0.00

0.00%

0

0.0000

0.000000

61 months to 120 months

0

0.00

0.00%

0

0.0000

0.000000

61 months to 120 months

0

0.00

0.00%

0

0.0000

0.000000

 

121 months or greater

0

0.00

0.00%

0

0.0000

0.000000

121 months or more

35

710,271,681.91

76.80%

17

5.1498

1.393590

 

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

(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 29

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

16

214,558,405.31

23.20%

15

5.2356

NAP

 

 

 

None

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

33

678,863,346.96

73.40%

17

5.1199

1.373150

 

 

 

 

 

 

13 months to 24 months

1

19,022,345.49

2.06%

18

5.4410

2.306200

 

 

 

 

 

 

25 months or greater

1

12,385,989.46

1.34%

17

6.3400

1.112300

 

 

 

 

 

 

Totals

51

924,830,087.22

100.00%

16

5.1697

1.380144

 

 

 

 

 

(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 13 of 29

 


 

 

                                 

 

 

 

 

 

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

656100156

OF

Chicago

IL

Actual/360

5.086%

582,296.41

230,838.35

0.00

N/A

11/06/23

--

137,388,062.80

137,157,224.50

12/06/21

 

2

300981002

RT

Las Vegas

NV

Actual/360

5.250%

601,819.19

198,876.18

0.00

N/A

09/06/23

--

137,558,673.00

137,359,796.80

05/06/22

 

3

300981003

OF

Berwyn

PA

Actual/360

5.110%

264,473.58

105,150.42

0.00

N/A

06/06/23

--

62,107,298.95

62,002,148.53

05/06/22

 

4

300981004

RT

Savannah

GA

Actual/360

3.900%

181,608.23

101,392.69

0.00

N/A

07/01/23

--

55,879,453.97

55,778,061.28

05/01/22

 

5

300981005

MU

Salem

NH

Actual/360

5.078%

205,137.65

87,325.67

0.00

N/A

11/06/23

--

48,476,798.26

48,389,472.59

05/06/22

 

6

300981006

SS

Various

Various

Actual/360

5.125%

183,145.30

89,092.03

0.00

10/06/23

10/06/33

--

42,884,475.14

42,795,383.11

05/06/22

 

7

300981007

RT

Nashua

NH

Actual/360

5.040%

162,040.12

80,630.89

0.00

N/A

11/06/23

--

38,580,982.10

38,500,351.21

05/06/22

 

8

300981008

OF

Washington

DC

Actual/360

5.464%

161,887.35

61,497.94

0.00

N/A

08/06/23

--

35,553,590.15

35,492,092.21

03/06/21

 

10

300981010

MF

Liverpool

NY

Actual/360

5.430%

111,500.99

49,069.41

0.00

N/A

10/06/23

--

24,641,102.25

24,592,032.84

05/06/22

 

11

300981011

RT

Various

Various

Actual/360

5.394%

101,141.16

44,767.59

0.00

N/A

11/06/23

--

22,498,727.70

22,453,960.11

05/06/22

 

12

300981012

MF

Rincon

GA

Actual/360

5.223%

101,706.58

41,423.85

0.00

N/A

07/06/23

--

23,369,631.45

23,328,207.60

05/06/22

 

15

300981015

LO

New York

NY

Actual/360

5.441%

86,421.33

37,679.09

0.00

N/A

11/06/23

--

19,060,024.58

19,022,345.49

09/06/21

 

16

300981016

MF

Houston

TX

Actual/360

5.050%

77,505.14

31,280.99

0.00

N/A

07/06/23

--

18,417,063.05

18,385,782.06

05/06/22

 

17

300981017

OF

New Orleans

LA

Actual/360

5.213%

66,283.70

31,320.59

0.00

N/A

10/06/23

--

15,259,556.95

15,228,236.36

05/06/22

 

19

300981019

RT

Frisco

TX

Actual/360

5.473%

67,907.05

29,466.87

0.00

N/A

07/06/23

--

14,887,816.60

14,858,349.73

05/06/22

 

20

656100149

OF

Chicago

IL

Actual/360

4.985%

61,319.10

27,105.27

0.00

N/A

10/06/23

--

14,760,867.65

14,733,762.38

05/06/22

 

21

300981021

LO

Morgantown

WV

Actual/360

6.540%

69,939.77

34,901.77

0.00

N/A

10/06/23

--

12,832,984.88

12,798,083.11

04/06/17

 

22

300981022

MF

Lancaster

PA

Actual/360

5.013%

57,995.00

23,718.05

0.00

N/A

07/06/23

--

13,884,088.59

13,860,370.54

05/06/22

 

23

300981023

RT

Elkview

WV

Actual/360

6.340%

0.00

0.00

0.00

N/A

10/06/23

--

12,385,989.46

12,385,989.46

07/06/18

 

24

300981024

SS

Saint Thomas

VI

Actual/360

5.033%

37,418.59

46,627.48

0.00

N/A

09/06/23

--

8,921,579.37

8,874,951.89

05/06/22

 

25

300981025

OF

Kennesaw

GA

Actual/360

4.981%

44,856.30

22,900.96

0.00

N/A

10/06/23

--

10,807,661.79

10,784,760.83

05/06/22

 

26

300981026

OF

Irving

TX

Actual/360

5.470%

46,383.90

18,695.54

0.00

N/A

10/06/23

--

10,175,627.42

10,156,931.88

05/06/22

 

27

300981027

MH

Orion

MI

Actual/360

5.505%

45,701.22

19,630.60

0.00

N/A

07/06/23

--

9,962,119.58

9,942,488.98

05/06/22

 

28

656100151

MF

Boise

ID

Actual/360

5.230%

42,919.42

18,733.63

0.00

N/A

10/06/23

--

9,847,668.26

9,828,934.63

05/06/22

 

29

300981029

MF

East Lansing

MI

Actual/360

5.400%

37,904.87

16,844.38

0.00

N/A

10/06/23

--

8,423,304.34

8,406,459.96

05/06/22

 

31

300981031

LO

Dodge City

KS

Actual/360

5.228%

33,090.15

23,715.15

0.00

N/A

10/06/23

--

7,595,290.40

7,571,575.25

05/06/22

 

33

300981033

RT

San Diego

CA

Actual/360

5.048%

27,209.04

34,079.85

0.00

N/A

10/06/23

--

6,468,715.87

6,434,636.02

05/06/22

 

34

300981034

MU

Philadelphia

PA

Actual/360

5.529%

35,413.51

13,006.00

0.00

N/A

10/06/23

--

7,685,362.07

7,672,356.07

05/06/22

 

 

 

 

 

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Page 14 of 29

 


 

 

                                 

 

 

 

 

 

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

 

35

300981035

RT

Harvey

LA

Actual/360

5.247%

32,380.76

13,160.72

0.00

N/A

09/06/23

--

7,405,548.50

7,392,387.78

05/06/22

 

36

300981036

IN

Kirkland

WA

Actual/360

5.497%

30,832.09

13,443.22

0.00

N/A

08/06/23

--

6,730,061.00

6,716,617.78

05/06/22

 

39

300981039

LO

York

PA

Actual/360

5.282%

24,499.94

17,281.14

0.00

N/A

10/06/23

--

5,565,533.89

5,548,252.75

05/06/22

 

40

300981040

MF

Atlanta

GA

Actual/360

5.537%

25,952.76

11,106.60

0.00

N/A

09/06/23

--

5,624,074.47

5,612,967.87

05/06/22

 

41

300981041

RT

Plainfield

CT

Actual/360

5.234%

23,261.34

10,913.87

0.00

N/A

10/06/23

--

5,333,131.11

5,322,217.24

05/06/22

 

43

300981043

MF

Midland

TX

Actual/360

5.620%

24,323.05

10,197.40

0.00

N/A

08/06/23

--

5,193,532.92

5,183,335.52

05/06/22

 

44

300981044

MF

Houston

TX

Actual/360

5.380%

22,235.75

10,070.17

0.00

N/A

08/06/23

--

4,959,646.24

4,949,576.07

05/06/22

 

45

300981045

RT

New York

NY

Actual/360

5.128%

22,910.37

7,863.57

0.00

N/A

10/06/23

--

5,361,241.75

5,353,378.18

05/06/22

 

46

300981046

RT

Aberdeen

NC

Actual/360

5.305%

15,625.66

7,162.35

0.00

N/A

10/06/23

--

3,534,551.55

3,527,389.20

05/06/22

 

46A

300981111

 

 

 

Actual/360

5.305%

4,375.97

2,005.82

0.00

N/A

10/06/23

--

989,851.29

987,845.47

05/06/22

 

49

300981049

RT

Avon

IN

Actual/360

5.360%

18,696.12

8,417.15

0.00

N/A

10/06/23

--

4,185,698.74

4,177,281.59

05/06/22

 

50

300981050

RT

Lone Tree

CO

Actual/360

5.422%

18,584.98

8,153.00

0.00

N/A

11/06/23

--

4,113,237.75

4,105,084.75

05/06/22

 

51

300981051

MH

Essexville

MI

Actual/360

5.550%

19,052.81

8,066.37

0.00

N/A

08/06/23

--

4,119,527.12

4,111,460.75

05/06/22

 

52

407000221

RT

Decatur

GA

Actual/360

5.569%

17,286.47

11,151.42

0.00

N/A

11/06/23

--

3,724,864.05

3,713,712.63

05/06/22

 

54

300981054

MF

Pasadena

TX

Actual/360

5.380%

17,696.82

8,014.57

0.00

N/A

08/06/23

--

3,947,245.17

3,939,230.60

05/06/22

 

55

656100154

MH

McDonough

GA

Actual/360

5.380%

17,614.27

7,878.61

0.00

N/A

10/06/23

--

3,928,833.67

3,920,955.06

05/06/22

 

56

656100147

MU

Birmingham

AL

Actual/360

5.140%

14,516.19

10,676.78

0.00

N/A

10/06/23

--

3,388,993.48

3,378,316.70

05/06/22

 

57

300981057

RT

Indianapolis

IN

Actual/360

5.397%

16,479.98

7,378.45

0.00

N/A

09/06/23

--

3,663,913.52

3,656,535.07

05/06/22

 

58

300981058

MF

Whitewater

WI

Actual/360

5.724%

17,004.04

6,856.07

0.00

N/A

09/06/23

--

3,564,477.88

3,557,621.81

05/06/22

 

59

300981059

RT

Live Oak

FL

Actual/360

5.100%

13,267.70

6,549.97

0.00

N/A

09/06/23

--

3,121,811.70

3,115,261.73

05/06/22

 

61

300981061

MH

Perrysburg

OH

Actual/360

5.412%

12,668.31

5,606.81

0.00

N/A

10/06/23

--

2,808,677.72

2,803,070.91

05/06/22

 

62

300981062

RT

Bel Air

MD

Actual/360

5.080%

10,856.30

5,395.34

0.00

N/A

09/06/23

--

2,564,481.23

2,559,085.89

05/06/22

 

63

300981063

RT

Gulfport

FL

Actual/360

5.513%

11,076.11

7,368.92

0.00

N/A

09/06/23

--

2,411,125.37

2,403,756.45

05/06/22

 

Totals

 

 

 

 

 

 

3,926,222.44

1,724,489.56

0.00

 

 

 

926,554,576.75

924,830,087.22

 

 

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 15 of 29

 


 

 

                           

 

 

 

 

 

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

9,434,542.00

0.00

--

--

05/06/22

40,714,155.09

169,167.31

632,083.38

3,838,688.36

4,671,326.11

0.00

 

 

2

42,649,559.00

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

Full Defeasance

 

4

12,515,843.00

9,302,963.00

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

5,702,290.79

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

16,068,307.40

19,730,992.32

10/01/20

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

3,278,356.61

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

2,200,436.00

0.00

--

--

05/06/22

31,998,427.28

2,250,425.72

77,217.68

825,943.02

0.00

0.00

 

 

10

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

11

2,929,201.97

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

Full Defeasance

 

15

3,732,696.00

3,662,479.00

07/01/19

06/30/20

05/06/22

3,061,319.46

56,051.87

108,559.66

921,272.86

62,468.45

0.00

 

 

16

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

17

1,872,416.89

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

Full Defeasance

 

20

756,435.40

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

617,438.00

0.00

--

--

05/06/22

11,212,445.16

2,724,155.87

43,558.04

3,600,318.87

29,699.95

0.00

 

 

22

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

23

1,354,993.00

616,994.00

01/01/16

06/30/16

05/06/22

2,922,594.62

515,501.34

(1,071.39)

920,918.44

0.00

0.00

 

 

24

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

25

1,596,671.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

956,595.94

262,022.76

01/01/22

03/31/22

--

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

Full Defeasance

 

28

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

29

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

31

1,564,254.74

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

1,169,069.00

899,214.50

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

760,390.68

533,313.73

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 16 of 29

 


 

 

                           

 

 

 

 

 

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

 

35

480,342.28

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

1,412,888.97

830,948.16

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

760,342.48

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

1,129,590.53

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

616,686.73

124,022.69

05/01/21

07/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

432,525.44

115,973.45

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

45

514,366.17

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

917,821.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

49

636,528.32

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

50

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

51

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

52

604,218.53

194,120.30

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

54

592,514.12

170,600.86

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

56

1,009,556.10

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

57

288,916.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

58

8,152.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

59

541,393.31

64,515.49

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

61

382,154.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

62

281,160.00

70,290.00

01/01/22

03/31/22

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

63

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

Totals

119,768,654.10

36,578,450.26

 

 

 

89,908,941.61

5,715,302.11

860,347.38

10,107,141.55

4,763,494.51

0.00

 

 

 

 

 

 

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Page 17 of 29

 


 

 

           

 

 

 

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 18 of 29

 


 

 

                                       

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

05/12/22

0

0.00

0

0.00

5

216,855,734.77

1

12,385,989.46

2

48,290,175.32

0

0.00

0

0.00

0

0.00

5.169696%

5.016232%

16

04/12/22

0

0.00

0

0.00

5

217,220,651.87

1

12,385,989.46

2

48,386,575.03

0

0.00

0

0.00

0

0.00

5.169684%

5.016226%

17

03/11/22

0

0.00

0

0.00

5

217,554,021.59

1

12,385,989.46

2

48,474,802.05

0

0.00

0

0.00

0

0.00

5.169670%

5.016219%

18

02/11/22

0

0.00

0

0.00

5

217,975,847.68

1

12,385,989.46

2

48,585,750.55

0

0.00

0

0.00

0

0.00

5.169661%

5.016217%

19

01/12/22

0

0.00

1

138,074,756.60

4

80,231,014.32

1

12,385,989.46

2

48,672,979.16

0

0.00

0

0.00

0

0.00

5.169647%

5.016209%

20

12/10/21

1

138,282,268.80

1

19,206,159.39

3

61,145,759.40

1

12,385,989.46

3

48,759,769.94

1

7,688,015.57

0

0.00

1

9,119,829.78

5.169633%

5.016201%

21

11/15/21

1

19,243,008.80

0

0.00

4

82,266,833.23

1

12,385,989.46

3

69,880,843.77

0

0.00

0

0.00

0

0.00

5.174182%

5.016285%

22

10/13/21

0

0.00

0

0.00

4

82,387,379.72

1

12,385,989.46

3

70,001,390.26

0

0.00

0

0.00

0

0.00

5.174167%

5.052493%

23

09/13/21

1

19,313,322.16

0

0.00

4

82,518,266.14

1

12,385,989.46

3

70,132,276.68

0

0.00

0

0.00

0

0.00

5.174155%

5.052480%

25

08/12/21

0

0.00

0

0.00

4

82,637,580.85

1

12,385,989.46

3

70,251,591.39

0

0.00

0

0.00

0

0.00

5.174140%

5.052466%

26

07/12/21

0

0.00

0

0.00

4

82,756,310.85

1

12,385,989.46

3

70,370,321.39

0

0.00

1

1,188,378.64

0

0.00

5.174126%

5.052451%

27

06/11/21

0

0.00

0

0.00

5

102,301,588.03

1

12,385,989.46

3

70,499,458.31

0

0.00

0

0.00

0

0.00

5.174207%

5.052629%

28

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 19 of 29

 


 

 

                               

 

 

 

 

 

 

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

1

656100156

12/06/21

4

6

 

632,083.38

3,838,688.36

4,706,512.01

138,282,268.80

11/02/21

13

 

 

 

 

8

300981008

03/06/21

13

6

 

77,217.68

825,943.02

0.00

36,296,133.24

07/11/18

7

 

 

 

03/14/19

15

300981015

09/06/21

7

6

 

108,559.66

921,272.86

163,380.19

19,313,322.16

04/01/21

2

 

 

 

 

21

300981021

04/06/17

60

6

 

43,558.04

3,600,318.87

987,373.03

14,559,226.84

04/28/17

7

 

 

 

06/14/18

23

300981023

07/06/18

45

6

 

(1,071.39)

920,918.44

5,583,420.85

13,012,724.16

08/02/16

3

01/24/17

01/24/17

 

Totals

 

 

 

 

 

860,347.38

10,107,141.55

11,440,686.08

221,463,675.20

 

 

 

 

 

 

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 20 of 29

 


 

 

                 

 

 

 

 

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

 

882,034,704

665,178,969

156,179,570

 

60,676,165

 

25 - 36 Months

 

0

0

 

0

 

0

 

37 - 48 Months

 

0

0

 

0

 

0

 

49 - 60 Months

 

0

0

 

0

 

0

 

> 60 Months

 

42,795,383

42,795,383

 

0

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

REO/Foreclosure

 

 

May-22

924,830,087

707,974,352

0

0

168,565,559

48,290,175

 

Apr-22

926,554,577

709,333,925

0

0

168,834,077

48,386,575

 

Mar-22

928,141,141

710,587,119

0

0

169,079,220

48,474,802

 

Feb-22

930,113,086

712,137,238

0

0

169,390,097

48,585,751

 

Jan-22

931,683,897

713,378,126

0

138,074,757

80,231,014

0

 

Dec-21

933,247,758

714,613,570

138,282,269

19,206,159

12,385,989

48,759,770

 

Nov-21

955,963,142

854,453,300

19,243,009

0

12,385,989

69,880,844

 

Oct-21

957,547,274

875,159,894

0

0

12,385,989

70,001,390

 

Sep-21

959,259,477

857,427,889

19,313,322

0

12,385,989

70,132,277

 

Aug-21

960,834,680

878,197,099

0

0

12,385,989

70,251,591

 

Jul-21

962,397,237

879,640,926

0

0

12,385,989

70,370,321

 

Jun-21

965,292,343

862,990,755

0

0

31,802,130

70,499,458

 

(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 21 of 29

 


 

 

                     

 

 

 

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

1

656100156

137,157,224.50

138,282,268.80

210,000,000.00

03/01/22

6,147,995.00

0.33750

12/31/21

11/06/23

257

8

300981008

35,492,092.21

36,296,133.24

7,300,000.00

11/01/21

2,089,360.00

0.77940

12/31/21

08/06/23

257

15

300981015

19,022,345.49

19,313,322.16

18,700,000.00

02/17/22

3,434,532.00

2.30620

06/30/20

11/06/23

257

21

300981021

12,798,083.11

14,559,226.84

10,200,000.00

11/02/21

483,483.00

0.38420

12/31/21

10/06/23

196

23

300981023

12,385,989.46

13,012,724.16

18,200,000.00

05/20/13

566,270.00

1.11230

06/30/16

10/06/23

256

Totals

 

216,855,734.77

221,463,675.20

264,400,000.00

 

12,721,640.00

 

 

 

 

 

 

 

 

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Page 22 of 29

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

Special Servicing Comments

 

1

656100156

OF

IL

11/02/21

13

 

 

 

 

Loan transferred to Special Servicer on 11-02-2021 due to Imminent Monetary Default and subsequent default for the 11-06-2021 payment. Property is a 1.45MM SF Class A, 22-story office building w/ ground floor retail located in the Chicago

 

CBD. The Propert y occupies an entire city block with frontage on four streets and lobby entrances at the north and south ends of the building on West Jackson Boulevard and West Quincy Street. The Property’s layout consists of 21 office levels,

 

a ground floor that include s grade retail and a subterranean garage with 200 parking spots. Property is currently 63% occupied. Lender is in discussions with Borrower about potential workout solutions (including loan modification, cooperative

 

marketing/sale process, and/or Deed-In- Lieu).

 

 

 

 

 

8

300981008

OF

DC

07/11/18

7

 

 

 

 

REO Title Date:3/14/19: The Property is comprised of Class A office building in the Georgetown submarket of Washington D.C. Part of 2-building office/resi condo complex. Each floor of the subject building counts as 1 commercial condo unit.

 

Floors 1-5 are commercial, the 6th is resi. Commercial owner has right to appoint 3 of 5 condo board seats. The south building owned/occupied by the Embassy of Sweden. Amenities: fitness center, 2 underground parking garages, private

 

shuttle bus service for subject ten ants to and from metro and full time concierge/security. There is a ground lease with approx. 93 yrs. remaining. As of 4/29/22, the property is approx. 82.6% occupied.

Currently holding approx. $700K in excess

 

cash for capex repairs and anticipated leasi ng costs. Current appraisal does not reflect current market conditions and expectations and therefore valuation deemed high. Crossed with or is companion Loan to: None. Deferred

 

Maintenance/Repair Issues: None. Leasing Summary: None. Marketing Summary: Th e buyer was not able to close, so currently out of contract, but still working with buyer to put the property back under contract.

15

300981015

LO

NY

04/01/21

2

 

 

 

 

The Property is an independent limited-service 12-story boutique hotel comprised of 72 rooms and is situated on a 0.05-acre parcel. Subject property also features a 2,200 sq ft ground floor retail space and is located at 62 Madison Avenue, New

 

York, NY. T he Property has union labor. The Property was operating as a homeless shelter for the last 3 years due to a month to month contract with the DHS to rent out 100% of the hotel. DHS left at the end of 2020 and the property is now

 

struggling to backfill the hotel. Performance has been impacted due to COVID-19. The file transferred SS on 04-01-2021 due to Delinquent Payments.The Property remains closed. Counsel has filed the foreclosure action. Discussions with

 

Borrower remain ongoing.

 

 

 

 

 

 

21

300981021

LO

WV

04/28/17

7

 

 

 

 

REO Title Date: 6/14/18. Description of Collateral: Property is flagged as a Hilton Garden Inn, operating under a Comfort Letter with the current Franchise Agreement expiring 5/31/30. The property is a 5-story, 118 room, full-service hotel built in

 

2007 o n 14 acres with 1950 sq. ft. of meeting space, conveniently located in the Suncrest Towne Center in Morgantown, WV, close to shopping and restaurants. Convenient access to Mylan Pharmaceutical, West Virginia University, Ruby

 

Memorial Hospital and Mon Gene ral Hospital. Other amenities include complimentary Wi-Fi, business center, fitness center, outdoor deck, swimming pool and spa. We also offer guest laundry, dry cleaning service and 24 hour pantry. Crossed

 

with or is a Companion Loan to: No. Deferred M aintenance / Repair Issues: completed the Project Grow Lobby Renovation @ $445K and mattresses @ $77K. Feb 2022 operating results: Occup 57.6%, ADR $98.01, Revpar $56.42. All >100%

 

penatration from comp set. Marketing Summary: Asset successfully sold in April Gen I Auction, Closing Date is June 27, 2022. Draft Closing Documents have been circulated to Buyer.

 

23

300981023

RT

WV

08/02/16

3

 

 

 

 

Lender was monitoring the Loan, which subsequently transferred for imminent default due cash flow issues, lockbox issues and collateral issues. The subject is a retail property located in Elkview, WV. There is a main road with a bridge that leads

 

to the s ubject which washed away due to a flood. The center was closed, due to lack of access. Lender engaged counsel and commenced discussions wih the Borrower. Lender filed emergency motion for receiver on 10/21/16. Receiver was

 

appointed. Borrower filed bankru ptcy at the foreclosure sale on 1/24/17. Lender filed a motion for stay relief. Borrower filed an amended plan, which included DIP financing that primed Lender's lien for construction of the bridge. Several tenants,

 

including Kmart, filed proofs of claim and several individuals filed class action claims. Tara filed a bankruptcy plan and Lender filed a competing plan. Kroger and Kmart returned to the center, which is open and operating, however Kmart went

 

dark after renewing its lease. Judge confirmed Borr ower's plan. Judge has ruled that Borrower's initial plan interest rate will prevail. Lender filed a motion for stay pending appeal which was denied. Lender is reviewing the impact of this decision.

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 23 of 29

 


 

 

                   

 

 

 

 

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

2

300981002

0.00

5.25000%

0.00

5.25000%

9

08/05/20

07/31/20

--

31

300981031

0.00

5.22800%

0.00

5.22800%

8

09/21/21

10/06/21

12/06/21

Totals

 

0.00

 

0.00

 

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

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Page 24 of 29

 


 

 

                           

 

 

 

 

 

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

13

300981013

12/10/21

21,026,953.82

11,350,000.00

15,651,000.00

5,415,375.91

14,573,170.05

9,157,794.14

11,869,159.68

109,818.86

109,818.86

11,759,340.82

49.82%

18

300981018

01/10/20

12,196,756.89

8,800,000.00

10,832,805.65

4,210,283.29

10,832,805.65

6,622,522.36

5,574,234.53

(29.46)

20,595.07

5,553,639.46

31.28%

38

300981038

12/12/19

6,488,855.68

4,500,000.00

5,420,085.13

2,222,347.07

4,687,477.61

2,465,130.54

4,023,725.14

0.00

158,839.22

3,864,885.92

52.51%

47

300981047

01/10/20

4,228,975.56

2,600,000.00

3,699,784.96

1,401,947.21

3,572,792.43

2,170,845.22

2,058,130.34

(32.02)

23,767.06

2,034,363.28

38.93%

60

300981060

01/10/20

2,845,342.23

1,600,000.00

2,844,045.35

898,527.38

2,754,457.73

1,855,930.35

989,411.88

0.00

16,543.26

972,868.62

27.02%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

46,786,884.18

28,850,000.00

38,447,721.09

14,148,480.86

36,420,703.47

22,272,222.61

24,514,661.57

109,757.38

329,563.47

24,185,098.10

 

 

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

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 25 of 29

 


 

 

                       

 

 

 

 

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

Deal

Deal

12/12/19

0.00

0.00

0.00

(4,357.04)

0.00

4,357.04

0.00

0.00

4,357.04

13

300981013

05/12/22

0.00

0.00

11,759,340.82

0.00

0.00

(109,818.86)

0.00

0.00

11,759,340.82

 

 

12/10/21

0.00

0.00

11,869,159.68

0.00

0.00

11,869,159.68

0.00

0.00

 

18

300981018

05/12/22

0.00

0.00

5,553,639.46

0.00

0.00

29.46

0.00

0.00

5,553,639.46

 

 

08/12/21

0.00

0.00

5,553,410.00

0.00

0.00

239.16

0.00

0.00

 

 

 

06/11/21

0.00

0.00

5,553,170.84

0.00

0.00

190.32

0.00

0.00

 

 

 

03/12/21

0.00

0.00

5,552,980.52

0.00

0.00

(17,790.78)

0.00

0.00

 

 

 

01/12/21

0.00

0.00

5,570,771.30

0.00

0.00

104.22

0.00

0.00

 

 

 

11/13/20

0.00

0.00

5,570,667.08

0.00

0.00

263.29

0.00

0.00

 

 

 

07/10/20

0.00

0.00

5,570,403.79

0.00

0.00

353.57

0.00

0.00

 

 

 

06/12/20

0.00

0.00

5,570,250.22

0.00

0.00

(4,115.31)

0.00

0.00

 

 

 

02/12/20

0.00

0.00

5,574,365.53

0.00

0.00

131.00

0.00

0.00

 

 

 

01/10/20

0.00

0.00

5,574,234.53

0.00

0.00

5,574,234.53

0.00

0.00

 

38

300981038

03/11/22

0.00

0.00

3,864,885.92

0.00

0.00

(53,299.48)

0.00

0.00

3,864,885.92

 

 

09/13/21

0.00

0.00

3,918,185.40

0.00

0.00

239.16

0.00

0.00

 

 

 

06/11/21

0.00

0.00

3,917,946.24

0.00

0.00

243.82

0.00

0.00

 

 

 

03/12/21

0.00

0.00

3,917,702.42

0.00

0.00

(7,524.80)

0.00

0.00

 

 

 

01/12/21

0.00

0.00

3,925,227.22

0.00

0.00

34.22

0.00

0.00

 

 

 

12/11/20

0.00

0.00

3,925,193.00

0.00

0.00

70.00

0.00

0.00

 

 

 

10/13/20

0.00

0.00

3,925,123.00

0.00

0.00

(13,750.11)

0.00

0.00

 

 

 

08/12/20

0.00

0.00

3,938,873.11

0.00

0.00

288.28

0.00

0.00

 

 

 

07/10/20

0.00

0.00

3,938,584.83

0.00

0.00

(80,640.31)

0.00

0.00

 

 

 

06/12/20

0.00

0.00

4,019,225.14

0.00

0.00

(4,725.67)

0.00

0.00

 

 

 

03/12/20

0.00

0.00

4,023,950.81

0.00

0.00

186.67

0.00

0.00

 

 

 

01/10/20

0.00

0.00

4,023,764.14

0.00

0.00

39.00

0.00

0.00

 

 

 

12/12/19

0.00

0.00

4,023,725.14

0.00

0.00

4,023,725.14

0.00

0.00

 

47

300981047

05/12/22

0.00

0.00

2,034,363.28

0.00

0.00

32.02

0.00

0.00

1,958,059.80

 

 

08/12/21

0.00

0.00

2,034,331.26

0.00

0.00

239.16

0.00

0.00

 

 

 

06/11/21

0.00

0.00

2,034,092.10

0.00

0.00

155.32

0.00

0.00

 

 

 

03/12/21

0.00

0.00

2,033,936.78

0.00

0.00

(5,740.33)

0.00

0.00

 

 

 

 

 

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Page 26 of 29

 


 

 

                       

 

 

 

 

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

47

300981047

01/12/21

0.00

0.00

2,039,677.11

0.00

0.00

104.22

0.00

0.00

 

 

 

07/10/20

0.00

0.00

2,039,572.89

0.00

0.00

353.57

0.00

0.00

 

 

 

06/12/20

0.00

0.00

2,039,219.32

0.00

0.00

(19,079.52)

0.00

0.00

 

 

 

02/12/20

0.00

0.00

2,058,298.84

0.00

0.00

168.50

0.00

0.00

 

 

 

01/10/20

0.00

0.00

2,058,130.34

0.00

0.00

2,058,130.34

0.00

(76,303.48)

 

60

300981060

02/11/22

0.00

0.00

972,868.62

0.00

0.00

(3,552.82)

0.00

0.00

953,808.30

 

 

01/12/21

0.00

0.00

976,421.44

0.00

0.00

104.22

0.00

0.00

 

 

 

07/10/20

0.00

0.00

976,317.22

0.00

0.00

153.57

0.00

0.00

 

 

 

06/12/20

0.00

0.00

976,163.65

0.00

0.00

(13,416.73)

0.00

0.00

 

 

 

02/12/20

0.00

0.00

989,580.38

0.00

0.00

168.50

0.00

0.00

 

 

 

01/10/20

0.00

0.00

989,411.88

0.00

0.00

989,411.88

0.00

(19,060.32)

 

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

(109,757.38)

0.00

0.00

(109,757.38)

Cumulative Totals

 

0.00

0.00

24,185,098.10

(4,357.04)

0.00

24,189,455.14

0.00

(95,363.80)

24,094,091.34

 

 

 

 

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Page 27 of 29

 


 

 

                         

 

 

 

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)

1

0.00

0.00

28,622.51

0.00

0.00

169,167.31

0.00

0.00

0.00

0.00

0.00

0.00

8

0.00

0.00

7,407.00

0.00

0.00

142,499.66

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

3,970.84

0.00

0.00

13,574.40

0.00

0.00

0.00

0.00

0.00

0.00

21

0.00

0.00

2,673.54

0.00

0.00

60,173.45

0.00

0.00

0.00

0.00

0.00

0.00

23

0.00

0.00

2,580.41

0.00

0.00

0.00

0.00

65,439.31

0.00

0.00

0.00

0.00

Total

0.00

0.00

45,254.30

0.00

0.00

385,414.82

0.00

65,439.31

0.00

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

496,108.43

 

 

 

 

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Page 28 of 29

 


 

 

       

 

 

Supplemental Notes

 

May 2022 Disclosable Special Servicer Fees

 

 

 

 

Fee Type

Fee Amount for Current Period

 

Special Servicer Compensation (CREFC)

 

 

Liquidation/Disposition Fee

M300981013

$1,116

 

SS Fee

M300981023

$2,580

 

SS Fee

M300981021

$2,674

 

SS Fee

M300981015

$3,971

 

SS Fee

M300981008

$7,407

 

SS Fee

M656100156

$53,429

 

TOTAL DISCLOSABLE SPECIAL SERVICER FEES

$71,177

 

 

 

 

 

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Page 29 of 29

 



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