Form 10-D COMM 2014-CCRE21 Mortgag For: Jan 12
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: December 11, 2021 to January 12, 2022
Commission File Number of issuing entity: 333-193376-14
Central Index Key Number of issuing entity: 0001625426
COMM
2014-CCRE21 Mortgage Trust
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-193376
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): 0001089877
KeyBank
National Association
(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)
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): 0001542256
Natixis Real
Estate Capital LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001625508
Pillar Funding
LLC
(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)
38-3952005
38-3952006
38-7127874
(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 |
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X |
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A-2 |
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X |
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A-SB |
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X |
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A-3 |
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X |
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A-M |
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X |
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B |
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X |
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PEZ |
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X |
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C |
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X |
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X-A |
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X |
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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 January 12, 2022 a distribution was made to holders of the certificates issued by COMM 2014-CCRE21 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 2014-CCRE21 Mortgage Trust in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on January 12, 2022
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
4 |
17.43% |
1 |
$3,982,021.10 |
No assets securitized by Deutsche Mortgage & Asset Receiving Corporation (the "Depositor") and held by COMM 2014-CCRE21 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 December 11, 2021 to January 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 16, 2021. 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 16, 2021. The CIK number of GACC is 0001541294.
KeyBank National Association ("KeyBank"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on April 23, 2021. The CIK number of KeyBank is 0001089877.
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 11, 2021. The CIK number of UBS is 0001541886.
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 February 16, 2021. The CIK number of CCREL is 0001558761.
Natixis Real Estate Capital LLC ("NREC"), one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 16, 2021. The Central Index Key number for NREC is 0001542256.
Pillar Funding LLC ("Pillar"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on January 29, 2019. The CIK number of Pillar is 0001625508.
Part II - OTHER INFORMATION
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Deutsche Mortgage & Asset Receiving Corporation
(Depositor)
/s/ Matt Smith
Matt Smith, Director
Date: January 24, 2022
/s/ R. Chris Jones
R. Chris Jones, Director
Date: January 24, 2022
Distribution Date: |
01/12/22 |
COMM 2014-CCRE21 Mortgage Trust |
Determination Date: |
01/06/22 |
|
Next Distribution Date: |
02/11/22 |
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Record Date: |
12/31/21 |
Commercial Mortgage Pass-Through Certificates |
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Series 2014-CCRE21 |
Table of Contents |
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Contacts |
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Section |
Pages |
Role |
Party and Contact Information |
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Certificate Distribution Detail |
2 |
Depositor |
Deutsche Mortgage & Asset Receiving Corporation |
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Certificate Factor Detail |
3 |
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Helaine M. Kaplan |
(212) 250-5270 |
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Certificate Interest Reconciliation Detail |
4 |
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60 Wall Street | New York, NY 10005 |
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Master Servicer |
Midland Loan Services |
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Exchangeable Certificate Detail |
5 |
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askmidlandls.com |
(913) 253-9000 |
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Additional Information |
6 |
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A Division of PNC Bank, N.A., 10851 Mastin Street, Building 82 | Overland Park, KS 66210 |
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Bond / Collateral Reconciliation - Cash Flows |
7 |
Special Servicer |
LNR Partners, LLC |
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Bond / Collateral Reconciliation - Balances |
8 |
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LNR CMBS Notices |
(305) 695-5600 |
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Current Mortgage Loan and Property Stratification |
9-13 |
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1601 Washington Avenue, Suite 700 | Miami Beach, FL 33139 |
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Mortgage Loan Detail (Part 1) |
14-15 |
Operating Advisor |
Park Bridge Lender Services LLC |
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Mortgage Loan Detail (Part 2) |
16-17 |
|
David Rodgers |
(212) 230-9025 |
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Principal Prepayment Detail |
18 |
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600 Third Avenue, 40th Floor | New York, NY 10016 |
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Historical Detail |
19 |
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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Bank, N.A. |
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Delinquency Loan Detail |
20 |
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Corporate Trust Services (CMBS) |
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Collateral Stratification and Historical Detail |
21 |
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9062 Old Annapolis Road | Columbia, MD 21045 |
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Specially Serviced Loan Detail - Part 1 |
22 |
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Controlling Class Rep. |
Angelo, Gordon & Co., L.P. |
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Specially Serviced Loan Detail - Part 2 |
23 |
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- |
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Modified Loan Detail |
24 |
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Historical Liquidated Loan Detail |
25 |
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Historical Bond / Collateral Loss Reconciliation Detail |
26 |
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Interest Shortfall Detail - Collateral Level |
27 |
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Supplemental Notes |
28 |
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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 28 |
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Certificate Distribution Detail |
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Current |
Original |
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Pass-Through Rate |
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Beginning |
Principal |
Interest |
Prepayment |
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Total |
|
Credit |
Credit |
Class |
CUSIP |
(2) |
Original Balance |
Balance |
Distribution |
Distribution |
Penalties |
Realized Losses |
Distribution |
Ending Balance |
Support¹ |
Support¹ |
Regular Certificates |
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A-1 |
12592RBC2 |
1.494000% |
30,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
A-2 |
12592RBD0 |
3.095000% |
91,176,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
A-SB |
12592RBE8 |
3.340000% |
49,250,000.00 |
30,296,001.79 |
759,758.35 |
84,323.87 |
0.00 |
0.00 |
844,082.22 |
29,536,243.44 |
37.76% |
30.00% |
A-3 |
12592RBF5 |
3.528000% |
406,965,000.00 |
371,820,218.29 |
0.00 |
1,093,151.44 |
0.00 |
0.00 |
1,093,151.44 |
371,820,218.29 |
37.76% |
30.00% |
A-M |
12592RBJ7 |
3.987000% |
52,583,000.00 |
52,583,000.00 |
0.00 |
174,707.02 |
0.00 |
0.00 |
174,707.02 |
52,583,000.00 |
29.60% |
23.63% |
B |
12592RBK4 |
4.339000% |
46,398,000.00 |
46,398,000.00 |
0.00 |
167,767.44 |
0.00 |
0.00 |
167,767.44 |
46,398,000.00 |
22.41% |
18.00% |
C |
12592RBM0 |
4.420776% |
37,118,000.00 |
37,118,000.00 |
0.00 |
136,741.98 |
0.00 |
0.00 |
136,741.98 |
37,118,000.00 |
16.65% |
13.50% |
D |
12592RAL3 |
3.920776% |
40,211,000.00 |
40,211,000.00 |
0.00 |
155,841.17 |
0.00 |
0.00 |
155,841.17 |
40,211,000.00 |
10.42% |
8.63% |
E |
12592RAN9 |
3.000000% |
8,248,000.00 |
8,248,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8,248,000.00 |
9.14% |
7.63% |
F |
12592RAQ2 |
3.000000% |
19,591,000.00 |
19,591,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
19,591,000.00 |
6.10% |
5.25% |
G* |
12592RAS8 |
3.000000% |
10,310,000.00 |
10,310,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
10,310,000.00 |
4.50% |
4.00% |
H |
12592RAU3 |
3.000000% |
8,249,000.00 |
8,249,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8,249,000.00 |
3.22% |
3.00% |
J |
12592RAW9 |
3.000000% |
24,745,357.00 |
20,763,336.77 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
20,763,336.77 |
0.00% |
0.00% |
R |
12592RAY5 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
LR |
12592RBA6 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
Regular SubTotal |
|
824,844,359.00 |
645,587,556.85 |
759,758.35 |
1,812,532.92 |
0.00 |
0.00 |
2,572,291.27 |
644,827,798.50 |
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Notional Certificates |
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X-A |
12592RBH1 |
0.852222% |
629,974,000.00 |
454,699,220.08 |
0.00 |
322,920.63 |
0.00 |
0.00 |
322,920.63 |
453,939,461.73 |
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X-B |
12592RAA7 |
0.045432% |
83,516,000.00 |
83,516,000.00 |
0.00 |
3,161.88 |
0.00 |
0.00 |
3,161.88 |
83,516,000.00 |
|
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X-C |
12592RAC3 |
0.500000% |
40,211,000.00 |
40,211,000.00 |
0.00 |
16,754.58 |
0.00 |
0.00 |
16,754.58 |
40,211,000.00 |
|
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X-D |
12592RAE9 |
1.420776% |
27,839,000.00 |
27,839,000.00 |
0.00 |
32,960.83 |
0.00 |
0.00 |
32,960.83 |
27,839,000.00 |
|
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X-E |
12592RAG4 |
1.420776% |
18,559,000.00 |
18,559,000.00 |
0.00 |
21,973.49 |
0.00 |
0.00 |
21,973.49 |
18,559,000.00 |
|
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X-F |
12592RAJ8 |
1.420776% |
24,745,357.00 |
20,763,336.77 |
0.00 |
24,583.38 |
0.00 |
0.00 |
24,583.38 |
20,763,336.77 |
|
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Notional SubTotal |
|
824,844,357.00 |
645,587,556.85 |
0.00 |
422,354.79 |
0.00 |
0.00 |
422,354.79 |
644,827,798.50 |
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Deal Distribution Total |
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759,758.35 |
2,234,887.71 |
0.00 |
0.00 |
2,994,646.06 |
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* |
Denotes the Controlling Class (if required) |
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(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 |
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the result by (A). |
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(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 |
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underlying index (if and as applicable), and any other matters provided in the governing documents. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 2 of 28 |
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Certificate Factor Detail |
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Cumulative |
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Interest Shortfalls |
Interest |
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Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
Regular Certificates |
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A-1 |
12592RBC2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-2 |
12592RBD0 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-SB |
12592RBE8 |
615.14724447 |
15.42656548 |
1.71215980 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
17.13872528 |
599.72067898 |
A-3 |
12592RBF5 |
913.64175860 |
0.00000000 |
2.68610677 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.68610677 |
913.64175860 |
A-M |
12592RBJ7 |
1,000.00000000 |
0.00000000 |
3.32250005 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.32250005 |
1,000.00000000 |
B |
12592RBK4 |
1,000.00000000 |
0.00000000 |
3.61583344 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.61583344 |
1,000.00000000 |
C |
12592RBM0 |
1,000.00000000 |
0.00000000 |
3.68398028 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.68398028 |
1,000.00000000 |
D |
12592RAL3 |
1,000.00000000 |
0.00000000 |
3.87558554 |
(0.60827187) |
3.74420731 |
0.00000000 |
0.00000000 |
3.87558554 |
1,000.00000000 |
E |
12592RAN9 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
22.50000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
F |
12592RAQ2 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
30.31917819 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
G |
12592RAS8 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
35.26013385 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
H |
12592RAU3 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
56.44406716 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
J |
12592RAW9 |
839.08010582 |
0.00000000 |
0.00000000 |
2.09770019 |
59.67559490 |
0.00000000 |
0.00000000 |
0.00000000 |
839.08010582 |
R |
12592RAY5 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
LR |
12592RBA6 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
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Notional Certificates |
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X-A |
12592RBH1 |
721.77458130 |
0.00000000 |
0.51259358 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.51259358 |
720.56856589 |
X-B |
12592RAA7 |
1,000.00000000 |
0.00000000 |
0.03785957 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.03785957 |
1,000.00000000 |
X-C |
12592RAC3 |
1,000.00000000 |
0.00000000 |
0.41666658 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.41666658 |
1,000.00000000 |
X-D |
12592RAE9 |
1,000.00000000 |
0.00000000 |
1.18398039 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18398039 |
1,000.00000000 |
X-E |
12592RAG4 |
1,000.00000000 |
0.00000000 |
1.18398028 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18398028 |
1,000.00000000 |
X-F |
12592RAJ8 |
839.08010582 |
0.00000000 |
0.99345425 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.99345425 |
839.08010582 |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 3 of 28 |
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Certificate Interest Reconciliation Detail |
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Additional |
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Accrued |
Net Aggregate |
Distributable |
Interest |
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Interest |
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Accrual |
Prior Interest |
Certificate |
Prepayment |
Certificate |
Shortfalls / |
Payback of Prior |
Distribution |
Interest |
Cumulative |
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Class |
Accrual Period |
Days |
Shortfalls |
Interest |
Interest Shortfall |
Interest |
(Paybacks) |
Realized Losses |
Amount |
Distribution |
Interest Shortfalls |
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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-SB |
12/01/21 - 12/30/21 |
30 |
0.00 |
84,323.87 |
0.00 |
84,323.87 |
0.00 |
0.00 |
0.00 |
84,323.87 |
0.00 |
|
A-3 |
12/01/21 - 12/30/21 |
30 |
0.00 |
1,093,151.44 |
0.00 |
1,093,151.44 |
0.00 |
0.00 |
0.00 |
1,093,151.44 |
0.00 |
|
X-A |
12/01/21 - 12/30/21 |
30 |
0.00 |
322,920.63 |
0.00 |
322,920.63 |
0.00 |
0.00 |
0.00 |
322,920.63 |
0.00 |
|
X-B |
12/01/21 - 12/30/21 |
30 |
0.00 |
3,161.88 |
0.00 |
3,161.88 |
0.00 |
0.00 |
0.00 |
3,161.88 |
0.00 |
|
X-C |
12/01/21 - 12/30/21 |
30 |
0.00 |
16,754.58 |
0.00 |
16,754.58 |
0.00 |
0.00 |
0.00 |
16,754.58 |
0.00 |
|
X-D |
12/01/21 - 12/30/21 |
30 |
0.00 |
32,960.83 |
0.00 |
32,960.83 |
0.00 |
0.00 |
0.00 |
32,960.83 |
0.00 |
|
X-E |
12/01/21 - 12/30/21 |
30 |
0.00 |
21,973.49 |
0.00 |
21,973.49 |
0.00 |
0.00 |
0.00 |
21,973.49 |
0.00 |
|
X-F |
12/01/21 - 12/30/21 |
30 |
0.00 |
24,583.38 |
0.00 |
24,583.38 |
0.00 |
0.00 |
0.00 |
24,583.38 |
0.00 |
|
A-M |
12/01/21 - 12/30/21 |
30 |
0.00 |
174,707.02 |
0.00 |
174,707.02 |
0.00 |
0.00 |
0.00 |
174,707.02 |
0.00 |
|
B |
12/01/21 - 12/30/21 |
30 |
0.00 |
167,767.44 |
0.00 |
167,767.44 |
0.00 |
0.00 |
0.00 |
167,767.44 |
0.00 |
|
C |
12/01/21 - 12/30/21 |
30 |
0.00 |
136,741.98 |
0.00 |
136,741.98 |
0.00 |
0.00 |
0.00 |
136,741.98 |
0.00 |
|
D |
12/01/21 - 12/30/21 |
30 |
175,017.54 |
131,381.95 |
0.00 |
131,381.95 |
(24,459.22) |
0.00 |
0.00 |
155,841.17 |
150,558.32 |
|
E |
12/01/21 - 12/30/21 |
30 |
164,960.00 |
20,620.00 |
0.00 |
20,620.00 |
20,620.00 |
0.00 |
0.00 |
0.00 |
185,580.00 |
|
F |
12/01/21 - 12/30/21 |
30 |
545,005.52 |
48,977.50 |
0.00 |
48,977.50 |
48,977.50 |
0.00 |
0.00 |
0.00 |
593,983.02 |
|
G |
12/01/21 - 12/30/21 |
30 |
337,756.98 |
25,775.00 |
0.00 |
25,775.00 |
25,775.00 |
0.00 |
0.00 |
0.00 |
363,531.98 |
|
H |
12/01/21 - 12/30/21 |
30 |
444,984.61 |
20,622.50 |
0.00 |
20,622.50 |
20,622.50 |
0.00 |
0.00 |
0.00 |
465,607.11 |
|
J |
12/01/21 - 12/30/21 |
30 |
1,424,785.56 |
51,908.34 |
0.00 |
51,908.34 |
51,908.34 |
0.00 |
0.00 |
0.00 |
1,476,693.90 |
|
Totals |
|
|
3,092,510.21 |
2,378,331.83 |
0.00 |
2,378,331.83 |
143,444.12 |
0.00 |
0.00 |
2,234,887.71 |
3,235,954.33 |
|
|
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|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 4 of 28 |
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|
Exchangeable Certificate Detail |
|
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|
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|
|
||
|
|
|
Original |
|
|
|
|
|
|
|
|
|
|
|
Pass-Through |
Exchangeable |
|
|
|
Prepayment |
|
|
|
|
|
Class |
CUSIP |
Rate |
Balance |
Beginning Balance Principal Distribution Interest Distribution |
Penalties |
|
Losses |
Total Distribution |
Ending Balance |
|||
Regular Interest |
|
|
|
|
|
|
|
|
|
|
|
|
A-M (Cert) |
12592RBJ7 |
3.987000% |
52,583,000.00 |
52,583,000.00 |
0.00 |
174,707.02 |
0.00 |
|
|
0.00 |
174,707.02 |
52,583,000.00 |
A-M (PEZ) |
NA |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
0.00 |
0.00 |
0.00 |
B (Cert) |
12592RBK4 |
4.339000% |
46,398,000.00 |
46,398,000.00 |
0.00 |
167,767.44 |
0.00 |
|
|
0.00 |
167,767.44 |
46,398,000.00 |
B (PEZ) |
NA |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
0.00 |
0.00 |
0.00 |
C (Cert) |
12592RBM0 |
4.420776% |
37,118,000.00 |
37,118,000.00 |
0.00 |
136,741.98 |
0.00 |
|
|
0.00 |
136,741.98 |
37,118,000.00 |
C (PEZ) |
NA |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
0.00 |
0.00 |
0.00 |
Regular Interest Total |
|
|
136,099,000.03 |
136,099,000.00 |
0.00 |
479,216.44 |
0.00 |
|
|
0.00 |
479,216.44 |
136,099,000.00 |
|
||||||||||||
Exchangeable Certificate Details |
|
|
|
|
|
|
|
|
|
|
|
|
PEZ |
12592RBL2 |
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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© 2021 Computershare. All rights reserved. Confidential. |
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Page 5 of 28 |
|
Additional Information |
|
Total Available Distribution Amount (1) |
2,994,646.06 |
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 6 of 28 |
Bond / Collateral Reconciliation - Cash Flows |
|
||
|
|||
Total Funds Collected |
|
Total Funds Distributed |
|
Interest |
|
Fees |
|
Interest Paid or Advanced |
2,470,704.55 |
Master Servicing Fee |
5,901.39 |
Interest Reductions due to Nonrecoverability Determination |
0.00 |
Certificate Administrator Fee |
0.00 |
Interest Adjustments |
0.00 |
Trustee Fee |
3,057.57 |
Deferred Interest |
2,898.72 |
CREFC® Intellectual Property Royalty License Fee |
277.96 |
ARD Interest |
0.00 |
Operating Advisor Fee |
1,610.25 |
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
CCRE Strip - Cantor Commercial Real Estate Lending, L.P. |
2,247.82 |
Extension Interest |
0.00 |
|
|
Interest Reserve Withdrawal |
0.00 |
|
|
Total Interest Collected |
2,473,603.27 |
Total Fees |
13,095.00 |
|
|||
Principal |
|
Expenses/Reimbursements |
|
Scheduled Principal |
759,758.35 |
Reimbursement for Interest on Advances |
25,117.26 |
Unscheduled Principal Collections |
|
ASER Amount |
93,799.41 |
Principal Prepayments |
0.00 |
Special Servicing Fees (Monthly) |
26,691.19 |
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) |
734.98 |
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 |
759,758.35 |
Total Expenses/Reimbursements |
146,342.84 |
|
|||
|
|
Interest Reserve Deposit |
79,277.73 |
|
|||
Other |
|
Payments to Certificateholders and Others |
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
2,234,887.71 |
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
759,758.35 |
Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
0.00 |
Net SWAP Counterparty Payments Received |
0.00 |
Borrower Option Extension Fees |
0.00 |
|
|
Net SWAP Counterparty Payments Paid |
0.00 |
Total Other Collected |
0.00 |
Total Payments to Certificateholders and Others |
2,994,646.06 |
Total Funds Collected |
3,233,361.62 |
Total Funds Distributed |
3,233,361.63 |
|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 7 of 28 |
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|
Bond / Collateral Reconciliation - Balances |
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|
|||||
|
|
Collateral Reconciliation |
|
Certificate Reconciliation |
|
|
|
|
Total |
|
Total |
Beginning Scheduled Collateral Balance |
645,587,556.85 |
645,587,556.85 |
Beginning Certificate Balance |
645,587,556.85 |
|
(-) Scheduled Principal Collections |
759,758.35 |
759,758.35 |
(-) Principal Distributions |
759,758.35 |
|
(-) Unscheduled Principal Collections |
0.00 |
0.00 |
(-) Realized Losses |
0.00 |
|
(-) Principal Adjustments (Cash) |
0.00 |
0.00 |
Realized Loss and Realized Loss Adjustments on Collateral |
0.00 |
|
(-) Principal Adjustments (Non-Cash) |
0.00 |
0.00 |
Current Period NRA¹ |
0.00 |
|
(-) Realized Losses from Collateral |
0.00 |
0.00 |
Current Period WODRA¹ |
0.00 |
|
(-) Other Adjustments² |
0.00 |
0.00 |
Principal Used to Pay Interest |
0.00 |
|
|
|
|
|
Non-Cash Principal Adjustments |
0.00 |
Ending Scheduled Collateral Balance |
644,827,798.50 |
644,827,798.50 |
Certificate Other Adjustments** |
0.00 |
|
Beginning Actual Collateral Balance |
648,778,556.87 |
648,778,556.87 |
Ending Certificate Balance |
644,827,798.50 |
|
Ending Actual Collateral Balance |
647,709,532.52 |
647,709,532.52 |
|
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|||||
|
|||||
|
|||||
|
|
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 |
4.42% |
|
|
|
|
|
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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© 2021 Computershare. All rights reserved. Confidential. |
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Page 8 of 28 |
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|
Current Mortgage Loan and Property Stratification |
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||||||
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||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
|
|
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 |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
Defeased |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
|
7,499,999 or less |
20 |
69,369,695.96 |
10.76% |
34 |
4.6309 |
1.743139 |
1.29 or less |
10 |
178,792,318.05 |
27.73% |
33 |
4.4763 |
0.572805 |
7,500,000 to 14,999,999 |
10 |
100,179,189.14 |
15.54% |
29 |
4.5701 |
1.836684 |
1.30 to 1.34 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
15,000,000 to 24,999,999 |
8 |
137,611,760.05 |
21.34% |
35 |
4.5722 |
1.940250 |
1.35 to 1.44 |
4 |
45,656,858.06 |
7.08% |
34 |
4.4546 |
1.418506 |
|
25,000,000 to 49,999,999 |
3 |
112,648,332.98 |
17.47% |
33 |
4.4267 |
0.879335 |
1.45 to 1.74 |
8 |
102,795,870.39 |
15.94% |
34 |
4.6828 |
1.517074 |
|
50,000,000 to 74,999,999 |
1 |
60,000,000.00 |
9.30% |
32 |
4.1250 |
0.340000 |
1.75 to 1.99 |
7 |
48,165,152.46 |
7.47% |
22 |
4.3646 |
1.860824 |
|
|
75,000,000 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
2.00 to 2.99 |
10 |
80,808,208.80 |
12.53% |
35 |
4.4167 |
2.348242 |
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
3.00 or greater |
3 |
23,590,570.37 |
3.66% |
34 |
4.3326 |
3.766956 |
|
|
|
|
|
|
|
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
(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. |
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|
|
|
|||||||||
(4) |
Note: There are no Hyper-Amortization Loans included in the Mortgage Pool. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 9 of 28 |
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|
Current Mortgage Loan and Property Stratification |
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|||||||||||||
|
|||||||||||||
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|||||||||||||
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|||||||||||||
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State³ |
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
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 |
|
|||||||||||||
Defeased |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defeased |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
California |
3 |
32,235,446.20 |
5.00% |
34 |
4.4151 |
1.810362 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial |
1 |
16,707,369.28 |
2.59% |
34 |
4.4700 |
1.410000 |
Colorado |
1 |
1,951,550.08 |
0.30% |
34 |
4.5675 |
2.030000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lodging |
8 |
120,942,848.41 |
18.76% |
33 |
4.3277 |
0.725960 |
Florida |
4 |
99,949,972.92 |
15.50% |
33 |
4.2475 |
1.044398 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mixed Use |
2 |
15,116,380.11 |
2.34% |
35 |
4.7158 |
0.975722 |
Georgia |
1 |
2,485,146.23 |
0.39% |
33 |
5.3600 |
1.540000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mobile Home Park |
2 |
7,603,614.34 |
1.18% |
34 |
4.5310 |
1.566354 |
Guam |
9 |
12,642,366.09 |
1.96% |
34 |
5.5000 |
1.450000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Multi-Family |
17 |
102,711,289.06 |
15.93% |
34 |
4.7306 |
1.446026 |
Hawaii |
1 |
48,000,000.00 |
7.44% |
34 |
4.2000 |
1.510000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Office |
4 |
31,021,865.57 |
4.81% |
35 |
4.5543 |
1.957926 |
Indiana |
1 |
3,692,409.38 |
0.57% |
34 |
4.6100 |
1.210000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail |
15 |
148,148,469.37 |
22.97% |
30 |
4.4267 |
1.718238 |
Kansas |
1 |
16,945,801.15 |
2.63% |
34 |
4.4000 |
1.440000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Self Storage |
7 |
37,557,142.02 |
5.82% |
35 |
4.4630 |
2.384179 |
Louisiana |
4 |
20,118,658.44 |
3.12% |
4 |
4.0526 |
2.019066 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals |
66 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
Michigan |
1 |
1,840,570.37 |
0.29% |
35 |
5.0800 |
3.060000 |
|
|
|
|
|
|
|
|
|||||||||||||
Minnesota |
1 |
2,892,496.85 |
0.45% |
34 |
4.7000 |
1.400000 |
|
|
|
|
|
|
|
|
|||||||||||||
Mississippi |
1 |
4,312,170.67 |
0.67% |
34 |
4.8420 |
1.760000 |
|
|
|
|
|
|
|
|
|||||||||||||
New Mexico |
1 |
11,423,970.73 |
1.77% |
35 |
4.7500 |
0.900000 |
|
|
|
|
|
|
|
|
|||||||||||||
New York |
2 |
39,440,447.74 |
6.12% |
32 |
4.5526 |
1.272394 |
|
|
|
|
|
|
|
|
|||||||||||||
North Dakota |
1 |
1,522,910.70 |
0.24% |
35 |
4.6500 |
1.870000 |
|
|
|
|
|
|
|
|
|||||||||||||
Ohio |
3 |
22,402,331.69 |
3.47% |
34 |
4.4068 |
2.013246 |
|
|
|
|
|
|
|
|
|||||||||||||
Pennsylvania |
2 |
27,795,196.54 |
4.31% |
35 |
4.7991 |
1.183975 |
|
|
|
|
|
|
|
|
|||||||||||||
Puerto Rico |
2 |
15,634,999.79 |
2.42% |
35 |
5.5000 |
1.530000 |
|
|
|
|
|
|
|
|
|||||||||||||
South Carolina |
1 |
5,107,973.43 |
0.79% |
34 |
4.5875 |
1.580000 |
|
|
|
|
|
|
|
|
|||||||||||||
Texas |
11 |
80,875,548.62 |
12.54% |
34 |
4.5231 |
1.199686 |
|
|
|
|
|
|
|
|
|||||||||||||
Virgin Islands |
1 |
3,974,155.70 |
0.62% |
34 |
4.8500 |
1.910000 |
|
|
|
|
|
|
|
|
|||||||||||||
Washington |
4 |
24,564,854.84 |
3.81% |
35 |
4.4669 |
2.659759 |
|
|
|
|
|
|
|
|
|||||||||||||
Totals |
66 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
|
|
|
|
|
|
|
|
|||||||||||||
|
|||||||||||||
Note: Please refer to footnotes on the next page of the report. |
|
|
|
|
|
|
|
|
|
|
|
||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 10 of 28 |
|
|
|
|
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 |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
Defeased |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
|
4.4999% or greater |
17 |
277,969,633.15 |
43.11% |
32 |
4.2699 |
1.674477 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
4.5000% to 4.7499% |
16 |
122,129,709.30 |
18.94% |
34 |
4.6055 |
0.996191 |
13 to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
4.7500% or greater |
9 |
79,709,635.68 |
12.36% |
35 |
5.0816 |
1.307962 |
25 to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
37 to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
49 months or greater |
42 |
479,808,978.13 |
74.41% |
33 |
4.4902 |
1.440939 |
|
|
|
|
|
|
|
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
(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. |
|
|
|
|
|||||||||
(4) |
Note: There are no Hyper-Amortization Loans included in the Mortgage Pool. |
|
|
|
|
|
|
|
|
|
|
|||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 11 of 28 |
|
|
|
|
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 |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
Defeased |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
|
60 months or less |
42 |
479,808,978.13 |
74.41% |
33 |
4.4902 |
1.440939 |
Interest Only |
7 |
151,675,000.00 |
23.52% |
33 |
4.2158 |
1.499785 |
61 months to 118 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
299 months or less |
35 |
328,133,978.13 |
50.89% |
32 |
4.6170 |
1.413738 |
|
|
119 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
300 months to 359 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
360 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
(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. |
|
|
|
|
|||||||||
(4) |
Note: There are no Hyper-Amortization Loans included in the Mortgage Pool. |
|
|
|
|
|
|
|
|
|
|
|||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
|
|
Page 12 of 28 |
|
|
|
|
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 |
10 |
165,018,820.37 |
25.59% |
34 |
4.3103 |
NAP |
|
|
|
None |
|
Underwriter's Information |
4 |
56,123,492.35 |
8.70% |
34 |
4.9605 |
2.227654 |
|
|
|
|
|
|
|
12 months or less |
28 |
245,784,512.08 |
38.12% |
34 |
4.5189 |
1.511199 |
|
|
|
|
|
|
13 to 24 months |
9 |
167,774,545.65 |
26.02% |
34 |
4.3385 |
1.048339 |
|
|
|
|
|
|
25 months or greater |
1 |
10,126,428.05 |
1.57% |
(26) |
3.7000 |
1.880000 |
|
|
|
|
|
|
Totals |
52 |
644,827,798.50 |
100.00% |
33 |
4.4441 |
1.488280 |
|
|
|
|
|
(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. |
|
||||||||||
(4) |
Note: There are no Hyper-Amortization Loans included in the Mortgage Pool. |
|
|
|
|
|
|
|
|
|||
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
|
|
|
Page 13 of 28 |
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|
|
|
|
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 |
|
||||
01A1 |
30308504 |
OF |
Cambridge |
MA |
Actual/360 |
4.020% |
138,466.67 |
0.00 |
0.00 |
N/A |
10/06/24 |
-- |
40,000,000.00 |
40,000,000.00 |
01/06/22 |
|
01A2 |
30308545 |
OF |
Cambridge |
MA |
Actual/360 |
4.020% |
138,466.67 |
0.00 |
0.00 |
N/A |
10/06/24 |
-- |
40,000,000.00 |
40,000,000.00 |
01/06/22 |
|
2 |
30308505 |
LO |
Miami Beach |
FL |
Actual/360 |
4.125% |
213,125.00 |
0.00 |
0.00 |
N/A |
09/06/24 |
-- |
60,000,000.00 |
60,000,000.00 |
01/06/22 |
|
3 |
30294306 |
RT |
Waikoloa |
HI |
Actual/360 |
4.200% |
173,600.00 |
0.00 |
0.00 |
N/A |
11/06/24 |
-- |
48,000,000.00 |
48,000,000.00 |
05/06/21 |
|
5 |
30308507 |
MF |
Watertown |
NY |
Actual/360 |
4.580% |
132,105.68 |
55,852.12 |
0.00 |
N/A |
09/06/24 |
-- |
33,496,299.86 |
33,440,447.74 |
01/06/22 |
|
6 |
30308508 |
MF |
Dallas |
TX |
Actual/360 |
4.560% |
137,896.52 |
47,071.50 |
0.00 |
N/A |
12/06/24 |
-- |
35,117,958.86 |
35,070,887.36 |
01/06/22 |
|
7 |
30294550 |
LO |
College Station |
TX |
Actual/360 |
4.611% |
124,148.17 |
59,100.63 |
0.00 |
N/A |
11/06/24 |
-- |
31,266,985.87 |
31,207,885.24 |
10/06/19 |
|
9 |
30294388 |
MF |
Philadelphia |
PA |
Actual/360 |
4.850% |
96,537.13 |
33,538.91 |
0.00 |
N/A |
12/06/24 |
-- |
23,114,975.95 |
23,081,437.04 |
07/06/20 |
|
10 |
30308510 |
RT |
Springdale |
OH |
Actual/360 |
4.350% |
65,050.68 |
34,262.77 |
0.00 |
N/A |
11/06/24 |
-- |
17,366,142.48 |
17,331,879.71 |
01/06/22 |
|
11 |
30308511 |
MF |
Charlottesville |
VA |
Actual/360 |
4.583% |
70,534.44 |
25,651.79 |
0.00 |
N/A |
11/06/24 |
-- |
17,872,783.62 |
17,847,131.83 |
01/06/22 |
|
12 |
30294703 |
RT |
Various |
PR |
Actual/360 |
5.500% |
74,235.56 |
39,370.63 |
0.00 |
N/A |
12/05/24 |
-- |
15,674,370.42 |
15,634,999.79 |
01/05/22 |
|
13 |
30308512 |
IN |
Upland |
CA |
Actual/360 |
4.470% |
64,410.57 |
26,270.25 |
0.00 |
N/A |
11/06/24 |
-- |
16,733,639.53 |
16,707,369.28 |
01/06/22 |
|
14 |
30308513 |
MF |
Lauderhill |
FL |
Actual/360 |
4.293% |
57,331.13 |
30,688.06 |
0.00 |
N/A |
12/06/24 |
-- |
15,506,716.06 |
15,476,028.00 |
01/06/22 |
|
15 |
30308514 |
RT |
Shawnee |
KS |
Actual/360 |
4.400% |
64,289.74 |
22,166.63 |
0.00 |
N/A |
11/06/24 |
-- |
16,967,967.78 |
16,945,801.15 |
01/06/22 |
|
16 |
30308515 |
OF |
Orlando |
FL |
Actual/360 |
4.440% |
62,920.05 |
22,611.45 |
0.00 |
N/A |
12/06/24 |
-- |
16,456,856.53 |
16,434,245.08 |
01/06/22 |
|
17 |
30308516 |
LO |
Amarillo |
TX |
Actual/360 |
4.200% |
57,866.67 |
0.00 |
0.00 |
N/A |
11/06/24 |
-- |
16,000,000.00 |
16,000,000.00 |
01/06/22 |
|
19 |
30294495 |
MF |
Various |
GU |
Actual/360 |
5.500% |
60,027.61 |
32,085.51 |
0.00 |
N/A |
11/06/24 |
-- |
12,674,451.59 |
12,642,366.08 |
01/06/22 |
|
20 |
30294523 |
RT |
Harvey |
LA |
Actual/360 |
3.700% |
32,364.29 |
31,499.97 |
0.00 |
N/A |
11/06/19 |
-- |
10,157,928.02 |
10,126,428.05 |
12/06/19 |
|
21 |
30294714 |
RT |
Culver City |
CA |
Actual/360 |
4.298% |
41,098.65 |
32,399.31 |
0.00 |
N/A |
12/06/24 |
-- |
11,104,576.10 |
11,072,176.79 |
01/06/22 |
|
22 |
30294647 |
MU |
Santa Fe |
NM |
Actual/360 |
4.750% |
46,813.11 |
21,001.04 |
0.00 |
N/A |
12/06/24 |
-- |
11,444,971.77 |
11,423,970.73 |
12/06/21 |
|
23 |
30294713 |
OF |
Various |
TX |
Actual/360 |
4.700% |
48,015.63 |
17,721.71 |
0.00 |
N/A |
12/06/24 |
-- |
11,863,848.19 |
11,846,126.48 |
01/06/22 |
|
25 |
30294512 |
RT |
Various |
LA |
Actual/360 |
4.410% |
38,005.84 |
15,889.48 |
0.00 |
N/A |
11/05/24 |
-- |
10,008,119.87 |
9,992,230.39 |
01/05/22 |
|
26 |
30308518 |
RT |
San Antonio |
TX |
Actual/360 |
4.450% |
34,972.59 |
15,399.29 |
0.00 |
N/A |
11/06/24 |
-- |
9,126,590.07 |
9,111,190.78 |
01/06/22 |
|
27 |
30294652 |
MF |
Spring Hill |
FL |
Actual/360 |
4.680% |
32,452.19 |
12,952.85 |
0.00 |
N/A |
12/05/24 |
-- |
8,052,652.69 |
8,039,699.84 |
01/05/22 |
|
28 |
30308519 |
RT |
Reno |
NV |
Actual/360 |
4.500% |
29,851.08 |
13,723.86 |
0.00 |
N/A |
12/06/24 |
-- |
7,703,504.17 |
7,689,780.31 |
01/06/22 |
|
29 |
30308520 |
MF |
Dallas |
TX |
Actual/360 |
4.690% |
30,426.09 |
13,964.49 |
0.00 |
N/A |
12/06/24 |
-- |
7,533,799.32 |
7,519,834.83 |
01/06/22 |
|
31 |
30308522 |
SS |
Auburn |
WA |
Actual/360 |
4.463% |
32,221.11 |
0.00 |
0.00 |
N/A |
12/06/24 |
-- |
8,385,000.00 |
8,385,000.00 |
01/06/22 |
|
32 |
30308523 |
SS |
San Marcos |
CA |
Actual/360 |
4.490% |
26,224.29 |
12,997.79 |
0.00 |
N/A |
12/01/24 |
-- |
6,782,630.80 |
6,769,633.01 |
01/01/22 |
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Page 14 of 28 |
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Mortgage Loan Detail (Part 1) |
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|
|
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 |
|
||||
34 |
30308524 |
SS |
Seattle |
WA |
Actual/360 |
4.463% |
28,974.02 |
0.00 |
0.00 |
N/A |
12/06/24 |
-- |
7,540,000.00 |
7,540,000.00 |
01/06/22 |
|
35 |
30294723 |
MF |
Arlington |
TX |
Actual/360 |
4.723% |
23,619.98 |
10,703.40 |
0.00 |
N/A |
12/06/24 |
-- |
5,807,060.15 |
5,796,356.75 |
01/06/22 |
|
36 |
30294490 |
LO |
Anderson |
SC |
Actual/360 |
4.588% |
20,235.69 |
14,534.57 |
0.00 |
N/A |
11/06/24 |
-- |
5,122,507.98 |
5,107,973.41 |
01/06/22 |
|
37 |
30308525 |
SS |
Garden City |
NY |
Actual/360 |
4.400% |
22,733.33 |
0.00 |
0.00 |
N/A |
11/06/24 |
-- |
6,000,000.00 |
6,000,000.00 |
01/06/22 |
|
38 |
30308526 |
SS |
Burien |
WA |
Actual/360 |
4.463% |
22,095.57 |
0.00 |
0.00 |
N/A |
12/06/24 |
-- |
5,750,000.00 |
5,750,000.00 |
01/06/22 |
|
39 |
30308527 |
MH |
Harrisburg |
PA |
Actual/360 |
4.550% |
18,504.10 |
9,017.57 |
0.00 |
N/A |
11/06/24 |
-- |
4,722,777.07 |
4,713,759.50 |
01/06/22 |
|
40 |
30308528 |
LO |
Burleson |
TX |
Actual/360 |
4.750% |
17,697.68 |
11,948.42 |
0.00 |
N/A |
12/01/24 |
-- |
4,326,767.49 |
4,314,819.07 |
01/01/22 |
|
41 |
30308529 |
LO |
Brookhaven |
MS |
Actual/360 |
4.842% |
18,029.18 |
11,892.74 |
0.00 |
N/A |
11/06/24 |
-- |
4,324,063.41 |
4,312,170.67 |
01/06/22 |
|
42 |
30308530 |
SS |
Corona |
CA |
Actual/360 |
4.500% |
17,299.71 |
8,541.24 |
0.00 |
N/A |
12/01/24 |
-- |
4,464,441.37 |
4,455,900.13 |
01/01/22 |
|
43 |
30308531 |
RT |
St. John |
VI |
Actual/360 |
4.850% |
16,636.37 |
9,278.41 |
0.00 |
N/A |
11/06/24 |
-- |
3,983,434.11 |
3,974,155.70 |
01/06/22 |
|
44 |
30308532 |
MF |
McAllen |
TX |
Actual/360 |
4.537% |
15,586.32 |
7,060.44 |
0.00 |
N/A |
12/06/24 |
-- |
3,989,034.92 |
3,981,974.48 |
01/06/22 |
|
45 |
30308533 |
MU |
Indianapolis |
IN |
Actual/360 |
4.610% |
14,685.60 |
6,993.75 |
0.00 |
N/A |
11/06/24 |
-- |
3,699,403.13 |
3,692,409.38 |
01/06/22 |
|
47 |
30294196 |
RT |
Port Saint Lucie |
FL |
Actual/360 |
4.768% |
13,481.76 |
6,120.72 |
0.00 |
N/A |
09/06/24 |
-- |
3,283,607.71 |
3,277,486.99 |
01/06/22 |
|
48 |
30308535 |
SS |
Schertz |
TX |
Actual/360 |
4.440% |
11,864.87 |
5,996.12 |
0.00 |
N/A |
12/01/24 |
-- |
3,103,280.04 |
3,097,283.92 |
01/01/22 |
|
50 |
30308537 |
OF |
Worthington |
OH |
Actual/360 |
4.610% |
10,903.45 |
5,159.75 |
0.00 |
N/A |
12/06/24 |
-- |
2,746,653.76 |
2,741,494.01 |
01/06/22 |
|
51 |
30308538 |
MH |
Spanaway |
WA |
Actual/360 |
4.500% |
11,215.59 |
4,491.65 |
0.00 |
N/A |
12/06/24 |
-- |
2,894,346.49 |
2,889,854.84 |
01/06/22 |
|
52 |
30294608 |
MF |
Baxter |
MN |
Actual/360 |
4.700% |
11,724.20 |
4,353.57 |
0.00 |
N/A |
11/06/24 |
-- |
2,896,850.42 |
2,892,496.85 |
01/06/22 |
|
53 |
30294319 |
RT |
Augusta |
GA |
Actual/360 |
5.360% |
11,489.55 |
4,163.47 |
0.00 |
N/A |
10/05/24 |
-- |
2,489,309.70 |
2,485,146.23 |
01/05/22 |
|
54 |
30308539 |
SS |
Toledo |
OH |
Actual/360 |
4.590% |
9,221.38 |
4,091.84 |
0.00 |
N/A |
12/01/24 |
-- |
2,333,049.81 |
2,328,957.97 |
01/01/22 |
|
55 |
30308540 |
RT |
Colorado Springs |
CO |
Actual/360 |
4.567% |
7,697.58 |
5,566.62 |
0.00 |
N/A |
11/06/24 |
-- |
1,957,116.70 |
1,951,550.08 |
01/06/22 |
|
56 |
30308541 |
MF |
White Lake Township |
MI |
Actual/360 |
5.080% |
8,072.87 |
4,890.86 |
0.00 |
N/A |
12/06/24 |
-- |
1,845,461.23 |
1,840,570.37 |
01/06/22 |
|
57 |
30308542 |
RT |
Fargo |
ND |
Actual/360 |
4.650% |
6,115.08 |
4,269.53 |
0.00 |
N/A |
12/06/24 |
-- |
1,527,180.23 |
1,522,910.70 |
01/06/22 |
|
58 |
30308543 |
MF |
McAllen |
TX |
Actual/360 |
4.688% |
5,322.93 |
2,445.37 |
0.00 |
N/A |
12/06/24 |
-- |
1,318,714.02 |
1,316,268.65 |
01/06/22 |
|
59 |
30308544 |
OF |
Ann Arbor |
MI |
Actual/360 |
4.470% |
4,040.58 |
2,018.27 |
0.00 |
N/A |
12/01/24 |
-- |
1,049,727.56 |
1,047,709.29 |
01/01/22 |
|
Totals |
|
|
|
|
|
|
2,470,704.55 |
759,758.35 |
0.00 |
|
645,587,556.85 |
644,827,798.50 |
|
|
||
(1) Property Type Codes |
|
|
|
|
|
|
|
|
|
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|
|
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|
|
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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© 2021 Computershare. All rights reserved. Confidential. |
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Page 15 of 28 |
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Mortgage Loan Detail (Part 2) |
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|||
|
|||||||||||||
|
|
|
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 |
|
01A1 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
01A2 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
2 |
6,568,248.09 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
3 |
3,190,974.11 |
0.00 |
-- |
-- |
11/08/21 |
4,991,860.62 |
540,671.37 |
155,009.60 |
829,695.28 |
0.00 |
0.00 |
|
|
5 |
2,600,026.78 |
2,934,093.72 |
10/01/20 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
6 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
7 |
(596,625.00) |
(239,584.52) |
01/01/21 |
03/31/21 |
08/06/21 |
24,343,471.17 |
1,891,779.76 |
85,793.86 |
3,052,275.95 |
177,926.01 |
0.00 |
|
|
9 |
1,673,214.81 |
0.00 |
-- |
-- |
12/06/21 |
0.00 |
0.00 |
129,409.24 |
2,339,583.93 |
0.00 |
0.00 |
|
|
10 |
1,501,789.31 |
2,765,596.57 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
11 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
12 |
2,237,796.50 |
2,428,947.59 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
13 |
1,834,588.13 |
1,689,999.78 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
14 |
1,785,301.69 |
2,078,851.81 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
15 |
1,646,134.12 |
1,613,964.31 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
16 |
2,610,781.72 |
2,660,420.39 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
17 |
1,412,914.46 |
2,566,380.55 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
19 |
1,847,831.50 |
1,931,683.73 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
20 |
0.00 |
0.00 |
-- |
-- |
12/06/21 |
0.00 |
40,703.84 |
63,746.17 |
1,554,660.42 |
160,370.59 |
0.00 |
|
|
21 |
2,062,133.62 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
22 |
741,841.96 |
0.00 |
-- |
-- |
01/06/22 |
2,861,242.94 |
11,598.56 |
55,796.74 |
55,796.74 |
0.00 |
0.00 |
|
|
23 |
1,388,012.18 |
1,404,429.55 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
25 |
1,303,620.44 |
1,595,928.21 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
26 |
854,164.07 |
224,991.52 |
01/01/21 |
03/31/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
27 |
981,032.02 |
1,036,479.51 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
28 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
29 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
31 |
985,273.65 |
1,109,643.32 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
32 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
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|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 16 of 28 |
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Mortgage Loan Detail (Part 2) |
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|
|||
|
|||||||||||||
|
|
|
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 |
|
34 |
859,078.40 |
897,270.02 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
35 |
715,933.70 |
585,023.74 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
36 |
499,523.00 |
755,709.00 |
10/01/20 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
37 |
337,638.53 |
338,460.84 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
38 |
785,251.93 |
826,035.08 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
39 |
577,691.65 |
615,020.28 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
40 |
280,974.61 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
41 |
429,627.31 |
714,178.67 |
10/01/20 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
42 |
491,345.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
43 |
491,370.58 |
601,748.31 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
44 |
472,187.22 |
455,195.80 |
07/01/20 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
45 |
354,423.70 |
362,248.42 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
47 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
48 |
374,553.55 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
50 |
395,026.43 |
319,274.72 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
51 |
190,914.04 |
216,081.63 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
52 |
304,138.04 |
289,153.23 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
53 |
307,769.11 |
304,905.07 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
54 |
379,755.38 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
55 |
263,274.43 |
352,102.76 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
56 |
504,426.74 |
500,132.35 |
10/01/20 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
57 |
277,428.77 |
268,950.95 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
58 |
235,941.21 |
241,072.25 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
59 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
Totals |
46,157,327.49 |
34,444,389.16 |
|
|
|
32,196,574.73 |
2,484,753.53 |
489,755.62 |
7,832,012.32 |
338,296.60 |
0.00 |
|
|
1 Defeasance Status |
|
|
|
|
|
2 Event Flag |
|
|
|
|
|
|
|
F - Full Defeasance |
|
P - Partial Defeasance |
|
ABC - Loan going into default |
|
|
|
|
|
||||
N - No Defeasance has Occurred |
|
X - Defeasance not Allowable |
|
XYZ - Loan approaching maturity |
|
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|
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|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 17 of 28 |
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Principal Prepayment Detail |
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Unscheduled Principal |
Prepayment Penalties |
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
|
|
No principal prepayments this period |
|
|
(1) Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 18 of 28 |
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|
Historical Detail |
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|||||
|
||||||||||||||||||||
|
|
|
|
|
|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/12/22 |
0 |
0.00 |
0 |
0.00 |
3 |
102,289,322.28 |
0 |
0.00 |
|
1 |
31,207,885.24 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.444128% |
4.420575% |
33 |
12/10/21 |
0 |
0.00 |
0 |
0.00 |
4 |
113,826,933.59 |
0 |
0.00 |
|
1 |
31,266,985.87 |
2 |
19,497,624.46 |
0 |
0.00 |
0 |
0.00 |
4.444332% |
4.420776% |
34 |
11/15/21 |
1 |
11,138,180.81 |
0 |
0.00 |
4 |
113,948,725.29 |
0 |
0.00 |
|
1 |
31,329,849.72 |
0 |
0.00 |
1 |
285,180.83 |
0 |
0.00 |
4.444550% |
4.420991% |
35 |
10/13/21 |
0 |
0.00 |
0 |
0.00 |
5 |
125,439,156.28 |
0 |
0.00 |
|
1 |
31,388,467.99 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.444704% |
4.421133% |
36 |
09/13/21 |
0 |
0.00 |
0 |
0.00 |
5 |
125,619,327.23 |
0 |
0.00 |
|
1 |
31,450,866.83 |
1 |
23,220,953.71 |
0 |
0.00 |
0 |
0.00 |
4.444914% |
4.421338% |
37 |
08/12/21 |
0 |
0.00 |
0 |
0.00 |
5 |
125,529,658.78 |
0 |
0.00 |
|
1 |
31,509,006.49 |
1 |
11,235,621.08 |
0 |
0.00 |
0 |
0.00 |
4.445165% |
4.421597% |
38 |
07/12/21 |
0 |
0.00 |
0 |
0.00 |
5 |
125,672,751.27 |
0 |
0.00 |
|
1 |
31,566,916.22 |
0 |
0.00 |
1 |
350,000.00 |
0 |
0.00 |
4.445362% |
4.421791% |
39 |
06/11/21 |
0 |
0.00 |
0 |
0.00 |
5 |
125,825,306.33 |
0 |
0.00 |
|
1 |
31,628,632.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.445173% |
4.421604% |
40 |
05/12/21 |
0 |
0.00 |
0 |
0.00 |
5 |
125,967,227.84 |
0 |
0.00 |
|
1 |
31,686,068.62 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.445369% |
4.421797% |
41 |
04/12/21 |
0 |
0.00 |
0 |
0.00 |
5 |
126,118,654.03 |
0 |
0.00 |
|
1 |
31,747,328.31 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.445579% |
4.422004% |
42 |
03/12/21 |
0 |
0.00 |
0 |
0.00 |
5 |
126,259,413.69 |
0 |
0.00 |
|
1 |
31,804,295.50 |
0 |
0.00 |
0 |
0.00 |
1 |
400,000.00 |
4.445772% |
4.422194% |
43 |
02/12/21 |
0 |
0.00 |
0 |
0.00 |
5 |
126,429,935.21 |
0 |
0.00 |
|
1 |
31,873,236.25 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.445555% |
4.421979% |
44 |
(1) Note: Foreclosure and REO Totals are included in the delinquencies aging categories. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 19 of 28 |
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|
|
Delinquency Loan Detail |
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|
|
|
|
|
|||
|
|||||||||||||||
|
|
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 |
|
3 |
30294306 |
05/06/21 |
7 |
6 |
|
155,009.60 |
829,695.28 |
108,780.71 |
48,000,000.00 |
09/15/20 |
2 |
|
|
|
|
7 |
30294550 |
10/06/19 |
26 |
6 |
|
85,793.86 |
3,052,275.95 |
1,252,345.49 |
32,778,617.76 |
08/02/19 |
7 |
|
|
|
06/02/20 |
9 |
30294388 |
07/06/20 |
17 |
6 |
|
129,409.24 |
2,339,583.93 |
199,595.89 |
23,691,542.98 |
10/14/20 |
98 |
|
|
|
|
20 |
30294523 |
12/06/19 |
24 |
5 |
|
63,746.17 |
1,554,660.42 |
233,292.04 |
10,806,322.57 |
01/03/20 |
2 |
|
|
|
|
22 |
30294647 |
12/06/21 |
0 |
A |
|
55,796.74 |
55,796.74 |
18,504.00 |
11,444,971.77 |
06/26/20 |
9 |
|
|
|
|
Totals |
|
|
|
|
|
489,755.62 |
7,832,012.32 |
1,812,518.13 |
126,721,455.08 |
|
|
|
|
|
|
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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© 2021 Computershare. All rights reserved. Confidential. |
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Page 20 of 28 |
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|
|
Collateral Stratification and Historical Detail |
|
|||
Maturity Dates and Loan Status¹ |
|
|
|
|
|
|
||
|
||||||||
|
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|
||
|
||||||||
Past Maturity |
|
10,126,428 |
0 |
10,126,428 |
0 |
|
||
0 - 6 Months |
|
0 |
0 |
|
0 |
|
0 |
|
7 - 12 Months |
|
0 |
0 |
|
0 |
|
0 |
|
13 - 24 Months |
|
0 |
0 |
|
0 |
|
0 |
|
25 - 36 Months |
|
634,701,370 |
532,412,048 |
71,081,437 |
31,207,885 |
|
||
37 - 48 Months |
|
0 |
0 |
|
0 |
|
0 |
|
49 - 60 Months |
|
0 |
0 |
|
0 |
|
0 |
|
> 60 Months |
|
0 |
0 |
|
0 |
|
0 |
|
|
||||||||
|
||||||||
|
||||||||
|
||||||||
Historical Delinquency Information |
|
|
|
|
|
|
||
|
||||||||
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|
|
|
||||||||
Jan-22 |
644,827,799 |
532,412,048 |
0 |
0 |
81,207,865 |
31,207,885 |
|
|
Dec-21 |
645,587,557 |
521,602,695 |
0 |
0 |
92,717,876 |
31,266,986 |
|
|
Nov-21 |
646,397,204 |
511,119,926 |
11,138,181 |
0 |
92,809,248 |
31,329,850 |
|
|
Oct-21 |
647,358,150 |
511,697,325 |
0 |
0 |
104,272,357 |
31,388,468 |
|
|
Sep-21 |
648,187,731 |
512,314,487 |
0 |
0 |
104,422,377 |
31,450,867 |
|
|
Aug-21 |
648,701,776 |
512,887,105 |
0 |
0 |
104,305,664 |
31,509,006 |
|
|
Jul-21 |
649,446,191 |
513,457,431 |
0 |
0 |
104,421,843 |
31,566,916 |
|
|
Jun-21 |
650,589,971 |
514,067,774 |
0 |
0 |
104,893,565 |
31,628,632 |
|
|
May-21 |
651,327,181 |
514,633,375 |
0 |
0 |
105,007,738 |
31,686,069 |
|
|
Apr-21 |
652,115,092 |
515,239,163 |
0 |
0 |
105,128,600 |
31,747,328 |
|
|
Mar-21 |
652,846,261 |
515,800,076 |
0 |
0 |
105,241,889 |
31,804,296 |
|
|
Feb-21 |
654,134,867 |
516,486,580 |
0 |
0 |
105,775,050 |
31,873,236 |
|
|
(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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© 2021 Computershare. All rights reserved. Confidential. |
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Page 21 of 28 |
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|
|
Specially Serviced Loan Detail - Part 1 |
|
|
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|
|||
|
|
Ending Scheduled |
|
|
|
Net Operating |
|
|
|
Remaining |
Pros ID |
Loan ID |
Balance |
Actual Balance |
Appraisal Value |
Appraisal Date |
Income |
DSCR |
DSCR Date |
Maturity Date |
Amort Term |
3 |
30294306 |
48,000,000.00 |
48,000,000.00 |
45,800,000.00 |
08/12/21 |
3,094,342.11 |
1.51000 |
06/30/20 |
11/06/24 |
I/O |
7 |
30294550 |
31,207,885.24 |
32,778,617.76 |
16,900,000.00 |
04/16/21 |
(283,528.71) |
(0.52000) |
03/31/21 |
11/06/24 |
273 |
9 |
30294388 |
23,081,437.04 |
23,691,542.98 |
35,000,000.00 |
10/01/21 |
1,637,283.81 |
1.05000 |
06/30/20 |
12/06/24 |
274 |
20 |
30294523 |
10,126,428.05 |
10,806,322.57 |
16,900,000.00 |
09/01/21 |
1,442,101.72 |
1.88000 |
09/30/19 |
11/06/19 |
274 |
22 |
30294647 |
11,423,970.73 |
11,444,971.77 |
12,300,000.00 |
08/26/20 |
735,742.96 |
0.90000 |
12/31/20 |
12/06/24 |
274 |
Totals |
|
123,839,721.06 |
126,721,455.08 |
126,900,000.00 |
|
6,625,941.89 |
|
|
|
|
|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 22 of 28 |
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|
|
Specially Serviced Loan Detail - Part 2 |
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||
|
||||||||
|
|
|
|
Servicing |
|
|
|
|
|
|
Property |
|
Transfer |
Resolution |
|
|
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
|
Special Servicing Comments |
|
3 |
30294306 |
RT |
HI |
09/15/20 |
2 |
|
|
|
|
1/6/2022 - The Loan transferred to Special Servicing on September 15, 2020 due to 60+ payment delinquency. The Property, known as King''s Shops, is a 69,023 SF resort retail center, completed in 1991 on a 13.8 acres within a 1,150-acre |
|||||||
|
master planned Waik oloa Beach Resort community in Waikoloa, HI. The collateral consists of 8, one-story buildings, with an open-air mall design, and a gas station/convenience store out-parcel. Property was formerly anchored by Macy’s |
|||||||
|
(10,008 SF) and features 43 upscale reta il and restaurant offerings including national brands. Borrower has stated it is unable to cover shortfalls due to cash flow issues resulting from the effects of COVID-19 and its impact on tourism in Hawaii. |
|||||||
|
The Lender will simultaneously dual track forec losure/receivership proceedings while continuing discussions with the Borrower until a resolution is reached. FC/receivership has been filed. Receivership order was granted by the court, and |
|||||||
|
receiver is in control of the Property. |
|
|
|
|
|
||
7 |
30294550 |
LO |
TX |
08/02/19 |
7 |
|
|
|
|
1/6/2022 - REO Title Date: 6/2/2020. Description of Collateral: The subject is a 7.02-acre (305,704-square-foot) parcel improved with a full-service lodging facility known as the Hilton College Station. The property, which opened in 1985, features |
|||||||
|
303 roo ms, a restaurant, a bar, and a lobby market, 22,994 square feet of meeting space, an outdoor pool, an outdoor whirlpool, a fitness center (currently closed), three lobby workstations, a gift shop, a guest laundry room, and vending areas. |
|||||||
|
Franchise agreeme nt expires 10/31/2029. Amenities include a fitness room, indoor pool, 18K SF of meeting/banquet space, and a restaurant/lounge. Property is managed by GF Hotels & Resorts.Crossed with or is a Companion Loan to: No. |
|||||||
|
Deferred Maintenance / Repair Issues : Roof replacement and mold remediation work complete. Operations Summary: YTD 9/2021 Occ 44.4% (99.9% index), ADR $122.08 (150.4% index) and RevPAR $54.15 (150.3% index). Marketing |
|||||||
|
Summary: New REO. Property is not on the market. |
|
|
|
|
|||
|
||||||||
9 |
30294388 |
MF |
PA |
10/14/20 |
98 |
|
|
|
|
1/6/2022 - Loan transferred on 10/15/20 after Borrower failed to make the 8/6/20 payment. Borrower has been unresponsive to Lender''s request for additional information and stopped remitting rents to the lockbox account. Collateral consists of a |
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mid-rise, multifamily complex known as Marine Club Apartments in Philadelphia, PA. The Marine Club is a fractured condo community with a total of 301 units, 204-units of which are collateral for the Loan with the remaining 97 units owned by |
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individual condo owners . Legal counsel was retained to file for foreclosure and/or receivership. Notice of Acceleration and Demand for Rents was sent on 2/1/21. The foreclosure complaint was filed on 4/12/21 and motion for the appointment of |
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receiver was filed on 6/23/21. On 10 /18/21, the motion for appointment of receiver was denied by the court. The Preferred Equity Holder has initiated a process to replace the manager of Borrower. Lender is dual tracking the foreclosure process |
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while discussing workout alternatives with Borr ower and/or its replacement manager. |
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20 |
30294523 |
RT |
LA |
01/03/20 |
2 |
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1/6/2022 - The Loan transferred to Special Servicing on 1/3/2020 due to Maturity Default as the Borrower was unable to pay off the loan at the 11/6/2019 maturity. The Collateral is a 137,315 square foot community retail center completed in 2003 |
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and 2004 s ituated on a 16.154-acre site in Harvey, Louisiana. Subject is shadow-anchored by a Target Superstore and is 10 minutes from the New Orleans CBD and is located on Manhattan Boulevard, a 2.5 mile retail corridor. Subject is |
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reportedly 74.72% occupied with an annualized NOI of $1,154,580 as of 09/30/2019. Leases at the property include; Ross Dress for Less, with 30,187 Sq Ft comprising 22.0% of the property''s nrsf, expiring 01/31/2025, K&G Fashion |
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Superstore, with 20,000 Sq Ft comprising 14.6% of the prop erty''s nrsf, expiring 02/28/2022 and Dollar Tree, with 8,954 Sq Ft comprising 6.5% of the property''s nrsf, expiring 02/28/2026. The Lender will dual track foreclosure proceedings while |
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continuing discussions with Borrower until a resolution is reached. |
A receiver was appointed and is now in control of the Property. A foreclosure sale is projected to occur in January 2022. The Borrower is attempting to refinance. |
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22 |
30294647 |
MU |
NM |
06/26/20 |
9 |
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1/6/2022 - The loan is 60+ days delinquent. 3-story, contemporary Pueblo style retail property situated on a 0.37 acres. Property includes a mix of art galleries, souvenir / jewelry stores, clothing stores and storage space. COVID Modification |
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funded. Loa n will be monitored. |
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1 Property Type Codes |
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2 Resolution Strategy Code |
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HC - Health Care |
|
MU - Mixed Use |
WH - Warehouse |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
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MF - Multi-Family |
|
SS - Self Storage |
LO - Lodging |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
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RT - Retail |
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SF - Single Family Rental |
98 - Other |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
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IN - Industrial |
|
OF - Office |
MH - Mobile Home Park |
4 - Extension |
9 - Pending Return to Master Servicer |
13 - TBD |
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SE - Securities |
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CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
5 - Note Sale |
98 - Other |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 23 of 28 |
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Modified Loan Detail |
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Pre-Modification |
Post-Modification |
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Modification |
Modification |
|
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|
|
|
Modification |
Modification Booking |
Closing |
Effective |
|
|
Balance |
Rate |
Balance |
Rate |
|
|
|
|
Pros ID |
Loan Number |
|
|
|
|
Code¹ |
Date |
Date |
Date |
5 |
30308507 |
0.00 |
4.58000% |
0.00 |
4.58000% |
8 |
09/22/20 |
09/22/20 |
10/07/20 |
9 |
30294388 |
0.00 |
4.85000% |
0.00 |
4.85000% |
8 |
05/28/21 |
05/28/21 |
08/18/21 |
12 |
30294703 |
16,300,797.17 |
5.50000% |
16,300,797.17 |
5.50000% |
8 |
08/12/20 |
08/12/20 |
08/13/20 |
17 |
30308516 |
0.00 |
4.20000% |
0.00 |
4.20000% |
8 |
11/17/20 |
11/17/20 |
11/23/20 |
21 |
30294714 |
0.00 |
4.29800% |
0.00 |
4.29800% |
8 |
06/03/21 |
05/06/20 |
07/27/21 |
22 |
30294647 |
0.00 |
4.75000% |
0.00 |
4.75000% |
8 |
08/20/21 |
08/20/21 |
11/16/21 |
27 |
30294652 |
0.00 |
4.68000% |
0.00 |
4.68000% |
8 |
10/09/20 |
10/09/20 |
11/30/21 |
Totals |
|
16,300,797.17 |
|
16,300,797.17 |
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|
|
|
1 Modification Codes |
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|
1 - Maturity Date Extension |
5 - Temporary Rate Reduction |
8 - Other |
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2 - Amortization Change |
6 - Capitalization on Interest |
9 - Combination |
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3 - Principal Write-Off |
7 - Capitalization on Taxes |
10 - Forbearance |
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Note: Please refer to Servicer Reports for modification comments. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 24 of 28 |
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Historical Liquidated Loan Detail |
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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 |
30 |
30308521 11/13/20 |
7,715,599.54 |
5,960,000.00 |
5,287,409.04 |
1,470,872.46 |
5,287,409.04 |
3,816,536.58 |
3,899,062.96 |
0.00 |
(82,958.14) |
3,982,021.10 |
46.57% |
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 |
7,715,599.54 |
5,960,000.00 |
5,287,409.04 |
1,470,872.46 |
5,287,409.04 |
3,816,536.58 |
3,899,062.96 |
0.00 |
(82,958.14) |
3,982,021.10 |
|
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* Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 25 of 28 |
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|
Historical Bond / Collateral Loss Reconciliation Detail |
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Certificate |
Reimb of Prior |
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|
|
|
|
|
|
|
|
|
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 |
30 |
30308521 |
12/10/21 |
0.00 |
0.00 |
3,982,021.10 |
0.00 |
0.00 |
170.35 |
0.00 |
0.00 |
3,982,021.10 |
|
|
11/15/21 |
0.00 |
0.00 |
3,981,850.75 |
0.00 |
0.00 |
145.01 |
0.00 |
0.00 |
|
|
|
10/13/21 |
0.00 |
0.00 |
3,981,705.74 |
0.00 |
0.00 |
1,202.92 |
0.00 |
0.00 |
|
|
|
08/12/21 |
0.00 |
0.00 |
3,980,502.82 |
0.00 |
0.00 |
266.34 |
0.00 |
0.00 |
|
|
|
06/11/21 |
0.00 |
0.00 |
3,980,236.48 |
0.00 |
0.00 |
92,623.76 |
0.00 |
0.00 |
|
|
|
04/12/21 |
0.00 |
0.00 |
3,887,612.72 |
0.00 |
0.00 |
(25,520.25) |
0.00 |
0.00 |
|
|
|
03/12/21 |
0.00 |
0.00 |
3,913,132.97 |
0.00 |
0.00 |
70.00 |
0.00 |
0.00 |
|
|
|
02/12/21 |
0.00 |
0.00 |
3,913,062.97 |
0.00 |
0.00 |
14,000.01 |
0.00 |
0.00 |
|
|
|
11/13/20 |
0.00 |
0.00 |
3,899,062.96 |
0.00 |
0.00 |
3,899,062.96 |
0.00 |
0.00 |
|
Current Period Totals |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Cumulative Totals |
|
0.00 |
0.00 |
3,982,021.10 |
0.00 |
0.00 |
3,982,021.10 |
0.00 |
0.00 |
3,982,021.10 |
|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 26 of 28 |
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|
|
Interest Shortfall Detail - Collateral Level |
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||||
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|
|
|
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) |
3 |
0.00 |
0.00 |
10,333.33 |
0.00 |
0.00 |
18,032.40 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
7 |
0.00 |
0.00 |
6,731.09 |
0.00 |
0.00 |
96,552.97 |
0.00 |
0.00 |
17,195.36 |
0.00 |
0.00 |
0.00 |
9 |
0.00 |
0.00 |
4,976.14 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
20 |
0.00 |
0.00 |
2,186.78 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
21 |
0.00 |
0.00 |
0.00 |
0.00 |
734.98 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
22 |
0.00 |
(2,898.72) |
2,463.85 |
0.00 |
0.00 |
(20,785.96) |
0.00 |
0.00 |
7,800.89 |
0.00 |
0.00 |
0.00 |
26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
121.01 |
0.00 |
0.00 |
0.00 |
Total |
0.00 |
(2,898.72) |
26,691.19 |
0.00 |
734.98 |
93,799.41 |
0.00 |
0.00 |
25,117.26 |
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 |
143,444.12 |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 27 of 28 |
|
Supplemental Notes |
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|
None |
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||
© 2021 Computershare. All rights reserved. Confidential. |
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Page 28 of 28 |
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