Form 10-D Morgan Stanley Bank of For: Jul 16
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: June 18, 2021 to July 16, 2021
Commission File Number of issuing entity: 333-177707-02
Central Index Key Number of issuing entity: 0001582037
Morgan Stanley
Bank of America Merrill Lynch Trust 2013-C11
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-177707
Central Index Key Number of depositor: 0001005007
Banc of America
Merrill Lynch Commercial Mortgage Inc.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001102113
Bank of
America, National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541557
Morgan Stanley
Mortgage Capital Holdings LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001548567
CIBC Inc.
(Exact name of sponsor as specified in its charter)
W. Todd
Stillerman (980) 388-7451
(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)
38-3913695
38-3913696
38-3913697
38-7103172
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank, N.A.
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-AB |
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X |
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A-3 |
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X |
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A-4 |
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X |
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A-S |
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X |
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B |
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X |
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C |
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X |
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PST |
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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 July 16, 2021 a distribution was made to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on July 16, 2021
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
8 |
39.85% |
2 |
$22,744,837.95 |
No assets securitized by Banc of America Merrill Lynch Commercial Mortgage Inc. (the "Depositor") and held by Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from June 18, 2021 to July 16, 2021.
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 May 12, 2021. The CIK number for the Depositor is 0001005007.
Bank of America, National Association filed its most recent Form ABS-15G on May 12, 2021. The CIK number for Bank of America, National Association is 0001102113.
Morgan Stanley Mortgage Capital Holdings LLC ("Morgan Stanley") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on May 17, 2021. The Central Index Key number for Morgan Stanley is 0001541557.
CIBC Inc. ("CIBC") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on February 9, 2021. The Central Index Key number for CIBC is 0001548567.
Part II - OTHER INFORMATION
Item 2. Legal Proceedings.
Deutsche Bank Trust Company Americas has furnished the Depositor with the following information regarding legal proceedings with respect to itself:
Disclosure from Deutsche Bank Trust Company Americas, as trustee, as certificate administrator, and as custodian:
Deutsche Bank Trust Company Americas (“DBTCA”) and Deutsche Bank National Trust Company (“DBNTC”) have been sued by investors in civil litigation concerning their role as trustees of certain residential mortgage-backed securities (“RMBS”) trusts.
On June 18, 2014, a group of investors, including funds managed by Blackrock Advisors, LLC, PIMCO-Advisors, L.P., and others, filed an action against DBNTC and DBTCA in New York State Supreme Court alleging that DBNTC and DBTCA failed to perform purported duties, as trustees for 544 private-label RMBS trusts, to enforce breaches of representations and warranties as to mortgage loans held by the trusts and to enforce breaches by servicers of their mortgage loan servicing obligations for the trusts. During the course of the litigation, plaintiffs dismissed the case from New York State Supreme Court and refiled two separate cases, one in the U.S. District Court for the Southern District of New York (the “BlackRock SDNY Case”) and the other in the Superior Court of California, Orange County (the “BlackRock California Case”). Pursuant to a settlement among the parties, the BlackRock SDNY Case was dismissed on December 6, 2018 and the BlackRock California Case was dismissed on January 11, 2019.
On September 27, 2017, DBTCA was added as a defendant to a case brought by certain special purpose entities including Phoenix Light SF Limited in the U.S. District Court for the Southern District of New York, in which the plaintiffs previously alleged incorrectly that DBNTC served as trustee for all 43 of the trusts at issue. On September 27, 2017, plaintiffs filed a third amended complaint that names DBTCA as a defendant in addition to DBNTC. DBTCA serves as trustee for one of the 43 trusts at issue. DBNTC serves as trustee for the other 42 trusts at issue. Plaintiffs’ third amended complaint brings claims for violation of the U.S. Trust Indenture Act of 1939 (“TIA”); breach of contract; breach of fiduciary duty; negligence and gross negligence; violation of the New York Streit Act (“Streit Act”); and breach of the covenant of good faith. However, in the third amended complaint, plaintiffs acknowledge that, before DBTCA was added to the case, the court dismissed plaintiffs’ TIA claims, negligence and gross negligence claims, Streit Act claims, claims for breach of the covenant of good faith, and certain theories of plaintiffs’ breach of contract claims, and plaintiffs only include these claims to preserve any rights on appeal. Plaintiffs allege damages of “hundreds of millions of dollars.” On November 13, 2017, DBNTC and DBTCA filed an answer to the third amended complaint. On December 7, 2018, DBNTC and DBTCA filed a motion for summary judgment. Also on December 7, 2018, plaintiffs, jointly with Commerzbank AG (see description of Commerzbank case below), filed a motion for partial summary judgment. As of March 8, 2019, both motions for summary judgment were fully briefed. As of June 21, 2021, they were still awaiting decision by the court. Discovery is ongoing.
On November 30, 2017, DBTCA was added as a defendant to a case brought by Commerzbank AG (“Commerzbank”) in the U.S. District Court for the Southern District of New York, in which Commerzbank previously alleged incorrectly that DBNTC served as trustee for all 50 of the trusts at issue. On November 30, 2017, Commerzbank filed a second amended complaint that names DBTCA as a defendant in addition to DBNTC. DBTCA serves as trustee for 1 of the 50 trusts at issue. DBNTC serves as trustee for the other 49 trusts at issue. Commerzbank’s second amended complaint brings claims for violation of the TIA; breach of contract; breach of fiduciary duty; negligence; violation of the Streit Act; and breach of the covenant of good faith. However, in the second amended complaint, Commerzbank acknowledges that, before DBTCA was added to the case, the court dismissed Commerzbank’s TIA claims for the trusts governed by pooling and servicing agreements, as well as its Streit Act claims and claims for breach of the covenant of good faith, and Commerzbank only includes these claims to preserve any rights on appeal. The second amended complaint alleges that DBNTC and DBTCA caused Commerzbank to suffer “hundreds of millions of dollars in losses,” but the complaint does not include a demand for money damages in a sum certain. On January 29, 2018, DBNTC and DBTCA filed an answer to the second amended complaint. On December 7, 2018, DBNTC and DBTCA filed a motion for summary judgment. Also on December 7, 2018, Commerzbank, jointly with the Phoenix Light plaintiffs, filed a motion for partial summary judgment. As of March 8, 2019, both motions for summary judgment were fully briefed. As of June 21, 2021, they were still awaiting decision by the court. Discovery is ongoing.
On December 30, 2015, IKB International, S.A. in Liquidation and IKB Deutsche Industriebank A.G. (collectively, “IKB”), as an investor in 37 RMBS trusts, filed a summons with notice in the Supreme Court of the State of New York, New York County, against DBNTC and DBTCA as trustees of the trusts. On May 27, 2016, IKB served its complaint asserting claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, violation of the Streit Act, violation of the TIA, violation of Regulation AB, and violation of Section 9 of the Uniform Commercial Code. IKB alleges that DBNTC and DBTCA are liable for over U.S. $268 million in damages. On October 5, 2016, DBNTC and DBTCA, together with several other trustees defending lawsuits by IKB, filed a joint motion to dismiss. On January 6, 2017, IKB filed a notice of discontinuance, voluntarily dismissing with prejudice all claims as to three trusts. On June 20, 2017, the parties filed a stipulation, voluntarily dismissing with prejudice all claims as to four additional trusts. On January 27, 2021, the court granted in part and denied in part DBNTC and DBTCA’s motion to dismiss. The court granted the motion to dismiss with respect to IKB’s claims for violations of the Streit Act, Regulation AB, and Section 9 of the Uniform Commercial Code, as well as certain aspects of IKB’s claims for breach of contract, breach of fiduciary duty, and violation of the TIA. The court denied the remainder of the motion to dismiss. IKB’s remaining claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, and violation of the TIA will proceed. On May 10, 2021, DBNTC and DBTCA filed a notice of appeal with the New York Supreme Court Appellate Division, First Department, regarding certain aspects of the court’s order on the motion to dismiss. On May 20, 2021, IKB filed a notice of cross appeal with respect to other aspects of that order. On June 2, 2021, IKB filed a motion for re-argument regarding certain aspects of that order. As of July 12, 2021, that motion was fully briefed and was awaiting decision by the court. On May 13, 2021, DBNTC and DBTCA filed an answer to the complaint. Discovery is ongoing.
It is DBTCA’s belief that it has no pending legal proceedings (including, based on DBTCA’s present evaluation, the litigation disclosed in the foregoing paragraphs) that would materially affect its ability to perform its duties under the Pooling and Servicing Agreement for this transaction.
Item 6. Significant Obligors of Pool Assets.
The Mall at Tuttle Crossing mortgage loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the Prospectus Supplement for Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $1,956,141.59, a year-to-date figure for the period of January 1, 2021 through March 31, 2021.
The Westfield Countryside mortgage loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the Prospectus Supplement for Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $2,942,146.50, a year-to-date figure for the period of January 1, 2021 through March 31, 2021.
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Banc of America Merrill Lynch Commercial Mortgage Inc.
(Depositor)
/s/ Leland F. Bunch III
Leland F. Bunch III, President and Chief Executive
Officer
Date: July 23, 2021
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For Additional Information, please contact |
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Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11 |
CTSLink Customer Service |
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1-866-846-4526 |
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Wells Fargo Bank, N.A. |
Commercial Mortgage Pass Through Certificates |
Reports Available www.ctslink.com |
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Corporate Trust Services |
Series 2013-C11 |
Payment Date: |
7/16/21 |
8480 Stagecoach Circle |
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Record Date: |
6/30/21 |
Frederick, MD 21701-4747 |
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Determination Date: |
7/12/21 |
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DISTRIBUTION DATE STATEMENT |
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Table of Contents |
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STATEMENT SECTIONS |
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PAGE(s) |
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Certificate Distribution Detail |
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2 |
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Certificate Factor Detail |
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3 |
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Exchangeable Certificates Detail |
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4 |
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Reconciliation Detail |
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5 |
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Other Required Information |
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6 |
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Cash Reconciliation |
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7 |
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Current Mortgage Loan and Property Stratification Tables |
8 - 10 |
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Mortgage Loan Detail |
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11 - 12 |
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NOI Detail |
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13 - 14 |
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Principal Prepayment Detail |
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15 |
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Historical Detail |
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16 |
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Delinquency Loan Detail |
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17 |
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Specially Serviced Loan Detail |
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18 - 21 |
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Advance Summary |
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22 |
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Modified Loan Detail |
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23 |
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Historical Liquidated Loan Detail |
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24 |
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Historical Bond/Collateral Loss Reconciliation Detail |
25 |
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Interest Shortfall Reconciliation Detail |
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26 - 27 |
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Defeased Loan Detail |
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28 |
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Depositor |
Master Servicer |
Special Servicer |
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Trust Advisor |
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Banc of America Merrill Lynch |
Wells Fargo Bank, N.A. |
Midland Loan Services |
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Situs Holdings, LLC |
Commercial Mortgage Inc. |
1901 Harrison Street |
A Division of PNC Bank, N.A. |
2 Embarcadero Center, Suite 1300 |
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Bank of America Tower |
Oakland, CA 94612 |
10851 Mastin Street, Building 82 |
San Francisco, CA 94111 |
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One Bryant Park |
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Overland Park, KS 66210 |
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New York, NY 10036 |
Contact: |
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Contact: Leland F. Bunch, III |
Contact: askmidlandls.com |
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Contact: George Wisniewski |
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Phone Number: (646) 855-3953 |
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Phone Number: (913) 253-9000 |
Phone Number: (415) 374-2832 |
This report is compiled by Wells Fargo Bank, N.A. from information provided by third parties. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and special notices. In addition, certificateholders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
Copyright 2021, Wells Fargo Bank, N.A. |
Page 1 of 28 |
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Certificate Distribution Detail |
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Pass-Through |
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Class |
CUSIP |
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Original |
Beginning |
Principal |
Interest |
Prepayment |
Realized Loss / |
Total |
Ending |
Current |
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Rate |
Balance |
Balance |
Distribution |
Distribution |
Penalties |
Additional Trust |
Distribution |
Balance |
Subordination |
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Fund Expenses |
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Level (1) |
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A-1 |
61762TAA4 |
1.308000% |
53,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
A-2 |
61762TAB2 |
3.085000% |
142,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
A-AB |
61762TAC0 |
3.845000% |
72,980,000.00 |
32,915,535.45 |
887,771.52 |
105,466.86 |
0.00 |
0.00 |
993,238.38 |
32,027,763.93 |
37.11% |
A-3 |
61762TAD8 |
3.960000% |
125,000,000.00 |
119,790,422.15 |
0.00 |
395,308.39 |
0.00 |
0.00 |
395,308.39 |
119,790,422.15 |
37.11% |
A-4 |
61762TAE6 |
4.154243% |
206,448,000.00 |
206,448,000.00 |
0.00 |
714,696.03 |
0.00 |
0.00 |
714,696.03 |
206,448,000.00 |
37.11% |
A-S |
61762TAG1 |
4.354243% |
49,239,000.00 |
49,239,000.00 |
0.00 |
178,665.49 |
0.00 |
0.00 |
178,665.49 |
49,239,000.00 |
28.47% |
B |
61762TAH9 |
4.354243% |
61,013,000.00 |
61,013,000.00 |
0.00 |
221,387.88 |
0.00 |
0.00 |
221,387.88 |
61,013,000.00 |
17.76% |
C |
61762TAK2 |
4.354243% |
34,253,000.00 |
34,253,000.00 |
0.00 |
12,559.75 |
0.00 |
0.00 |
12,559.75 |
34,253,000.00 |
11.74% |
D |
61762TAN6 |
4.354243% |
38,535,000.00 |
38,535,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
38,535,000.00 |
4.98% |
E |
61762TAQ9 |
4.354243% |
9,634,000.00 |
9,634,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
9,634,000.00 |
3.29% |
F |
61762TAS5 |
4.354243% |
8,563,000.00 |
8,563,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8,563,000.00 |
1.79% |
G |
61762TAU0 |
3.685000% |
20,338,000.00 |
10,172,070.65 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
10,172,070.65 |
0.00% |
H |
61762TAW6 |
3.685000% |
10,747,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
J |
61762TAY2 |
3.685000% |
24,576,746.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
R |
61762TBA3 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
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Totals |
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856,326,747.00 |
570,563,028.25 |
887,771.52 |
1,628,084.40 |
0.00 |
0.00 |
2,515,855.92 |
569,675,256.73 |
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Original |
Beginning |
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Ending |
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Class |
CUSIP |
Pass-Through |
Notional |
Notional |
Interest |
Prepayment |
Total |
Notional |
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Rate |
Amount |
Amount |
Distribution |
Penalties |
Distribution |
Amount |
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X-A |
61762TAF3 |
0.293128% |
599,428,000.00 |
359,153,957.60 |
87,731.83 |
0.00 |
87,731.83 |
358,266,186.08 |
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X-B |
61762TAL0 |
0.669243% |
55,661,746.00 |
10,172,070.65 |
5,672.99 |
0.00 |
5,672.99 |
10,172,070.65 |
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(1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate |
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balance of all classes which are not subordinate to the designated class and dividing the result by (A). |
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(2) The balances of the Class A-S, Class B, Class C certificates represent the balance of their respective Regular Interest, as detailed in the Pooling and Servicing Agreement. A portion of these classes may be exchanged |
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and held in Class PST. For details on the current status and payments of Class PST, see page 4. |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 2 of 28 |
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Certificate Factor Detail |
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Beginning |
Principal |
Interest |
Prepayment |
Realized Loss / |
Ending |
Class |
CUSIP |
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Additional Trust |
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Balance |
Distribution |
Distribution |
Penalties |
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Balance |
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Fund Expenses |
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A-1 |
61762TAA4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-2 |
61762TAB2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
A-AB |
61762TAC0 |
451.02131337 |
12.16458646 |
1.44514744 |
0.00000000 |
0.00000000 |
438.85672691 |
A-3 |
61762TAD8 |
958.32337720 |
0.00000000 |
3.16246712 |
0.00000000 |
0.00000000 |
958.32337720 |
A-4 |
61762TAE6 |
1,000.00000000 |
0.00000000 |
3.46186948 |
0.00000000 |
0.00000000 |
1,000.00000000 |
A-S |
61762TAG1 |
1,000.00000000 |
0.00000000 |
3.62853612 |
0.00000000 |
0.00000000 |
1,000.00000000 |
B |
61762TAH9 |
1,000.00000000 |
0.00000000 |
3.62853621 |
0.00000000 |
0.00000000 |
1,000.00000000 |
C |
61762TAK2 |
1,000.00000000 |
0.00000000 |
0.36667591 |
0.00000000 |
0.00000000 |
1,000.00000000 |
D |
61762TAN6 |
1,000.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
E |
61762TAQ9 |
1,000.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
F |
61762TAS5 |
1,000.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
G |
61762TAU0 |
500.15098092 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
500.15098092 |
H |
61762TAW6 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
J |
61762TAY2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
R |
61762TBA3 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
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Beginning |
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Ending |
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Class |
CUSIP |
Notional |
Interest |
Prepayment |
Notional |
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Amount |
Distribution |
Penalties |
Amount |
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X-A |
61762TAF3 |
599.16112961 |
0.14635925 |
0.00000000 |
597.68009849 |
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X-B |
61762TAL0 |
182.74796213 |
0.10191901 |
0.00000000 |
182.74796213 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 3 of 28 |
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Exchangeable Certificates Detail |
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Class \ |
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Original |
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Original |
Current Period |
Current Period |
Percent of Current |
Current Period |
Percent of Current |
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CUSIP |
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Exchangeable |
Beginning |
Balance held as |
Period Balance held |
Balance held in |
Period Balance held |
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Component |
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Balance |
|
Balance |
|
Balance |
Class PST |
as Class PST |
Exchangeable |
in Exchangeable |
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A-S |
61762TAG1 |
49,239,000.00 49,239,000.00 |
49,239,000.00 |
0.00 |
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0.00% |
49,239,000.00 |
100.00% |
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B |
61762TAH9 |
61,013,000.00 61,013,000.00 |
61,013,000.00 |
0.00 |
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0.00% |
61,013,000.00 |
100.00% |
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C |
61762TAK2 |
34,253,000.00 |
34,253,000.00 |
34,253,000.00 |
0.00 |
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0.00% |
34,253,000.00 |
100.00% |
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PST Totals |
61762MCA7 |
|
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144,505,000.00 |
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0.00 |
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Class \ |
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Interest |
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Principal |
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Prepayment Penalties |
Realized Losses |
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Component |
PST |
Non-PST |
Total |
PST |
Non-PST |
Total |
PST |
Non-PST |
Total |
PST |
Non-PST |
Total |
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A-S |
0.00 |
178,665.49 |
178,665.49 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
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B |
0.00 |
221,387.88 |
221,387.88 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
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C |
0.00 |
12,559.75 |
12,559.75 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
PST Totals |
0.00 |
Factor: |
0.00000000 |
0.00 |
Factor: |
0.00000000 |
|
0.00 |
Factor: |
0.00000000 |
0.00 |
Factor: |
0.00000000 |
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Up to the full certificate balance of the Class A-S, Class B and Class C certificates may be exchanged for Class PST certificates, and Class PST certificates may be exchanged for up to the full |
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certificate balance of the Class A-S, Class B and Class C certificates. |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 4 of 28 |
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Reconciliation Detail |
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Principal Reconciliation |
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Stated Beginning Principal |
Unpaid Beginning |
Scheduled Principal |
Unscheduled |
Principal |
Realized Loss |
Stated Ending |
Unpaid Ending |
Current Principal |
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Balance |
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Principal Balance |
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Principal |
Adjustments |
Principal Balance |
Principal Balance |
Distribution Amount |
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|||||||||||
Total |
570,563,028.25 |
574,604,808.25 |
1,221,893.61 |
0.00 |
(334,122.09) |
0.00 |
569,675,256.73 |
573,961,282.69 |
887,771.52 |
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Certificate Interest Reconciliation |
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Accrued |
Net Aggregate |
Distributable |
Distributable |
|
Remaining Unpaid |
|||
|
Accrual |
Accrual |
|
WAC CAP |
Interest |
Interest |
|
||||
Class |
|
|
Certificate |
Prepayment |
Certificate |
Certificate Interest |
|
Distributable |
|||
|
Dates |
Days |
|
|
Shortfall |
Shortfall/(Excess) |
Distribution |
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|
Interest |
Interest Shortfall |
Interest |
Adjustment |
|
Certificate Interest |
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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 |
A-2 |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
A-AB |
06/01/2021 - 06/30/2021 |
30 |
105,466.86 |
0.00 |
105,466.86 |
0.00 |
0.00 |
0.00 |
105,466.86 |
0.00 |
|
A-3 |
06/01/2021 - 06/30/2021 |
30 |
395,308.39 |
0.00 |
395,308.39 |
0.00 |
0.00 |
0.00 |
395,308.39 |
0.00 |
|
A-4 |
06/01/2021 - 06/30/2021 |
30 |
714,696.03 |
0.00 |
714,696.03 |
0.00 |
0.00 |
0.00 |
714,696.03 |
0.00 |
|
A-S |
06/01/2021 - 06/30/2021 |
30 |
178,665.49 |
0.00 |
178,665.49 |
0.00 |
0.00 |
0.00 |
178,665.49 |
0.00 |
|
B |
06/01/2021 - 06/30/2021 |
30 |
221,387.88 |
0.00 |
221,387.88 |
0.00 |
0.00 |
0.00 |
221,387.88 |
0.00 |
|
C |
06/01/2021 - 06/30/2021 |
30 |
124,288.25 |
0.00 |
124,288.25 |
0.00 |
0.00 |
111,728.49 |
12,559.75 |
235,635.63 |
|
D |
06/01/2021 - 06/30/2021 |
30 |
139,825.64 |
0.00 |
139,825.64 |
0.00 |
0.00 |
139,825.64 |
0.00 |
812,828.75 |
|
E |
06/01/2021 - 06/30/2021 |
30 |
34,957.32 |
0.00 |
34,957.32 |
0.00 |
0.00 |
34,957.32 |
0.00 |
246,913.11 |
|
F |
06/01/2021 - 06/30/2021 |
30 |
31,071.15 |
0.00 |
31,071.15 |
0.00 |
0.00 |
31,071.15 |
0.00 |
308,461.62 |
|
G |
06/01/2021 - 06/30/2021 |
30 |
31,236.73 |
0.00 |
31,236.73 |
0.00 |
0.00 |
31,236.73 |
0.00 |
383,571.67 |
|
H |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
J |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
351,165.20 |
R |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
X-A |
06/01/2021 - 06/30/2021 |
30 |
87,731.83 |
0.00 |
87,731.83 |
0.00 |
0.00 |
0.00 |
87,731.83 |
0.00 |
|
X-B |
06/01/2021 - 06/30/2021 |
30 |
5,672.99 |
0.00 |
5,672.99 |
0.00 |
0.00 |
0.00 |
5,672.99 |
0.00 |
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Totals |
|
|
2,070,308.56 |
0.00 |
2,070,308.56 |
0.00 |
0.00 |
348,819.33 |
1,721,489.22 |
2,338,575.98 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 5 of 28 |
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Other Required Information |
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Available Distribution Amount (1) |
2,609,260.74 |
Appraisal Reduction Amount |
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Loan |
Loan |
Appraisal |
Cumulative |
Date Appraisal |
|
|
Number |
Group |
Reduction |
ASER |
Reduction |
|
|
|
|
Amount |
Amount |
Effected |
|
|
1340373 |
|
9,333,436.01 |
191,247.53 |
3/11/21 |
|
|
453000180 |
|
21,207,354.38 |
434,551.06 |
3/11/21 |
|
|
453000182 |
|
318,015.74 |
6,516.32 |
3/11/21 |
|
|
453000184 |
|
9,187,792.76 |
127,809.85 |
3/11/21 |
|
|
453000186 |
|
5,785,599.09 |
80,482.49 |
3/11/21 |
|
|
300681002 |
|
32,543,361.98 |
298,321.06 |
6/11/21 |
|
|
300681005 |
|
11,380,904.32 |
245,637.86 |
3/11/21 |
|
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300681036 |
|
0.00 |
15,148.31 |
5/11/21 |
|
|
Total |
|
89,756,464.28 |
1,399,714.48 |
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(1) The Available Distribution Amount includes any Prepayment Premiums. |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 6 of 28 |
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Cash Reconciliation Detail |
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Total Funds Collected |
|
Total Funds Distributed |
|
Interest: |
|
Fees: |
|
Scheduled Interest |
2,081,131.13 |
Master Servicing Fee - Wells Fargo Bank, N.A. |
9,105.92 |
Interest reductions due to Nonrecoverability Determinations |
0.00 |
Trustee Fee - Deutsche Bank Trust Company Americas |
166.41 |
Interest Adjustments |
1,443.00 |
Certificate Administrator Fee - Wells Fargo Bank, N.A. |
2,258.48 |
Deferred Interest |
0.00 |
CREFC License Fee |
237.73 |
ARD Interest |
0.00 |
Trust Advisor Fee - Situs Holdings, LLC |
497.03 |
Net Prepayment Interest Shortfall |
0.00 |
Total Fees |
12,265.57 |
Net Prepayment Interest Excess |
0.00 |
|
|
Extension Interest |
0.00 |
Additional Trust Fund Expenses: |
|
Interest Reserve Withdrawal |
0.00 |
Reimbursement for Interest on Advances |
0.00 |
Total Interest Collected |
2,082,574.13 |
ASER Amount |
293,556.26 |
Principal: |
|
Special Servicing Fee |
45,135.01 |
Scheduled Principal |
1,221,893.61 |
Rating Agency Expenses |
0.00 |
Unscheduled Principal |
0.00 |
Attorney Fees & Expenses |
0.00 |
Principal Prepayments |
0.00 |
Bankruptcy Expense |
0.00 |
Collection of Principal after Maturity Date |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
Recoveries from Liquidation and Insurance Proceeds |
0.00 |
Non-Recoverable Advances |
0.00 |
Excess of Prior Principal Amounts paid |
0.00 |
Workout Delayed Reimbursement Amounts |
0.00 |
Curtailments |
0.00 |
Other Expenses |
0.00 |
Negative Amortization |
0.00 |
Total Additional Trust Fund Expenses |
338,691.27 |
Principal Adjustments |
(334,122.09) |
Interest Reserve Deposit |
0.00 |
Total Principal Collected |
887,771.52 |
Payments to Certificateholders & Others: |
|
Other: |
|
Interest Distribution |
1,721,489.22 |
Prepayment Penalties/Yield Maintenance |
0.00 |
Principal Distribution |
887,771.52 |
Repayment Fees |
0.00 |
Prepayment Penalties/Yield Maintenance |
0.00 |
Borrower Option Extension Fees |
0.00 |
Borrower Option Extension Fees |
0.00 |
Excess Liquidation Proceeds |
0.00 |
Equity Payments Paid |
0.00 |
Net Swap Counterparty Payments Received |
0.00 |
Net Swap Counterparty Payments Paid |
0.00 |
Total Other Collected: |
0.00 |
Total Payments to Certificateholders & Others |
2,609,260.74 |
Total Funds Collected |
2,970,345.65 |
Total Funds Distributed |
2,960,217.58 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 7 of 28 |
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Current Mortgage Loan and Property Stratification Tables |
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Aggregate Pool |
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Property Type (1) |
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State (1) |
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% of |
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% of |
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Property |
# of |
Scheduled |
|
WAM |
WAC |
Weighted |
State |
# of |
Scheduled |
|
WAM |
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Weighted |
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Agg. |
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Agg. |
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WAC |
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Type |
Props |
Balance |
Bal. |
(2) |
|
Avg DSCR (3) |
|
Props |
Balance |
|
(2) |
|
Avg DSCR (3) |
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Bal. |
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Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
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Alabama |
1 |
9,477,855.73 |
1.66 |
24 |
4.8900 |
1.024500 |
Industrial |
1 |
5,154,517.38 |
0.90 |
25 |
4.6450 |
3.829400 |
California |
4 |
57,422,974.53 |
10.08 |
25 |
5.0243 |
0.345433 |
Lodging |
7 |
118,020,911.37 |
20.72 |
24 |
5.0702 |
0.183782 |
Colorado |
1 |
1,462,099.57 |
0.26 |
24 |
5.4100 |
(0.045600) |
Mixed Use |
1 |
39,005,226.20 |
6.85 |
24 |
4.5500 |
1.437800 |
Florida |
2 |
109,553,208.03 |
19.23 |
23 |
4.0532 |
1.065273 |
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Illinois |
1 |
44,864,250.82 |
7.88 |
25 |
5.2000 |
1.032100 |
Mobile Home Park |
35 |
55,129,068.26 |
9.68 |
24 |
4.4070 |
1.850955 |
Michigan |
4 |
5,410,477.32 |
0.95 |
25 |
4.8023 |
2.879324 |
Multi-Family |
1 |
3,842,695.90 |
0.67 |
24 |
4.4920 |
2.038400 |
Minnesota |
6 |
55,427,575.94 |
9.73 |
21 |
3.9163 |
1.363255 |
Office |
2 |
26,188,122.88 |
4.60 |
25 |
4.9389 |
1.729075 |
Nevada |
1 |
10,219,054.40 |
1.79 |
24 |
4.3900 |
1.459600 |
Retail |
7 |
243,031,548.22 |
42.66 |
22 |
3.8217 |
1.154714 |
New Jersey |
1 |
39,005,226.20 |
6.85 |
24 |
4.5500 |
1.437800 |
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Ohio |
1 |
85,218,501.18 |
14.96 |
22 |
3.5640 |
1.043000 |
Self Storage |
5 |
10,542,010.59 |
1.85 |
25 |
5.2671 |
2.445078 |
Texas |
8 |
21,889,284.89 |
3.84 |
24 |
5.0953 |
1.079254 |
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Virginia |
1 |
15,108,326.04 |
2.65 |
24 |
4.6900 |
0.667900 |
Totals |
64 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
Wisconsin |
28 |
45,855,266.15 |
8.05 |
24 |
4.4070 |
1.784982 |
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Totals |
64 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
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Seasoning |
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% of |
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# of |
Scheduled |
|
WAM |
|
Weighted |
|
|
|
|
|
|
|
Seasoning |
|
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Agg. |
|
WAC |
|
|
|
|
|
|
|
|
|
Loans |
Balance |
|
(2) |
|
Avg DSCR (3) |
|
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|
|
|
|
Bal. |
|
|
|
|
|
|
|
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|
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|||||||||||||
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
|
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12 months or less |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
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|
13 to 24 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
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|
25 to 36 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
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|
|
37 to 48 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
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|
49 months or greater |
29 |
500,914,100.86 |
87.93 |
23 |
4.3394 |
1.177787 |
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Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
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See footnotes on last page of this section. |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 8 of 28 |
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Current Mortgage Loan and Property Stratification Tables |
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Aggregate Pool |
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Scheduled Balance |
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Anticipated Remaining Term (ARD and Balloon Loans) |
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Scheduled |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
Anticipated Remaining |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
|
|
Agg. |
|
WAC |
|
|
|
|
Agg. |
|
WAC |
|
Balance |
Loans |
Balance |
|
(2) |
|
Avg DSCR (3) |
Term (2) |
Loans |
Balance |
Bal. |
(2) |
|
Avg DSCR (3) |
|
|
|
Bal. |
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
10,000,000 or less |
15 |
69,892,692.74 |
12.27 |
24 |
4.6463 |
1.683271 |
79 months or less |
29 |
500,914,100.86 |
87.93 |
23 |
4.3394 |
1.177787 |
10,000,001 to 20,000,000 |
5 |
66,633,548.73 |
11.70 |
24 |
4.7974 |
1.075692 |
80 months to 118 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
20,000,001 to 40,000,000 |
5 |
131,294,372.72 |
23.05 |
24 |
4.5133 |
0.877120 |
119 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
40,000,001 to 50,000,000 |
2 |
93,177,793.89 |
16.36 |
23 |
4.4969 |
1.135387 |
|
|
|
|
|
|
|
50,000,001 to 80,000,000 |
1 |
54,697,191.60 |
9.60 |
23 |
3.9120 |
1.660196 |
Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
80,000,001 to 90,000,000 |
1 |
85,218,501.18 |
14.96 |
22 |
3.5640 |
1.043000 |
|
|
|
|
|
|
|
90,000,001 or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
Remaining Amortization Term (ARD and Balloon Loans) |
|
|||||
|
|||||||||||||
Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
|
|
|
% of |
|
|
|
|
|
|
|
|
|
|
Remaining Amortization |
# of |
Scheduled |
|
WAM |
|
Weighted |
|
|
|
|
|
|
|
|
|
|
Agg. |
|
WAC |
|
|
|
|
|
|
|
|
Term |
Loans |
Balance |
|
(2) |
|
Avg DSCR (3) |
|
|
|
|
|
|
|
|
|
|
Bal. |
|
|
|
|
|||||||||||||
|
|
|
|
|
|
|
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
|
|
Note Rate |
|
|
|
|
230 months or less |
8 |
71,867,890.37 |
12.62 |
25 |
5.1596 |
1.031737 |
|
|
|
|
|
|
|
231 months to 350 months |
21 |
429,046,210.49 |
75.31 |
23 |
4.2020 |
1.202252 |
|
|
|
% of |
|
|
|
350 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
Note |
# of |
Scheduled |
|
WAM |
|
Weighted |
|
|
|
|
|
|
|
|
|
|
Agg. |
|
WAC |
|
|
|
|
|
|
|
|
Rate |
Loans |
Balance |
|
(2) |
|
Avg DSCR (3) |
Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
|
|
|
Bal. |
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
|
|
|
|
|
|
|
4.000% or less |
7 |
227,967,206.92 |
40.02 |
22 |
3.7675 |
1.292213 |
Remaining Stated Term (Fully Amortizing Loans) |
|
|
||||
4.001% to 4.500% |
6 |
69,190,818.57 |
12.15 |
24 |
4.4092 |
1.803565 |
|
|
|
|
|
|
|
4.501% to 5.000% |
8 |
111,573,906.37 |
19.59 |
24 |
4.7471 |
1.294869 |
|
|
|
|
|
|
|
5.001% or greater |
8 |
92,182,169.00 |
16.18 |
25 |
5.2080 |
0.283399 |
Remaining Stated |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
|
|
|
|
|
|
|
|
|
Agg. |
|
WAC |
|
|
|
|
|
|
|
|
Term |
Loans |
Balance |
|
(2) |
|
Avg DSCR (3) |
Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
|
|
|
Bal. |
|
|
|
|
|||||||||||||
See footnotes on last page of this section. |
|
|
|
|
79 months or less |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
||
|
|
|
|
|
|
|
80-118 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
119 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|||||||||||||
|
|
|
|
|
|
|
Totals |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
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|
|
|
Page 9 of 28 |
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|
|
Current Mortgage Loan and Property Stratification Tables |
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|
|
|
|||||||
|
|
|
|
|
|
|
Aggregate Pool |
|
|
|
|
|
|
|
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
|
Debt Service Coverage Ratio (3) |
|
|
|
|
Age of Most Recent NOI |
|
|
|
||||
|
||||||||||||||
|
Debt Service |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
Age of Most |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
|
|
|
Agg. |
|
WAC |
|
|
|
|
|
|
|
|
|
Coverage Ratio |
Loans |
Balance |
|
(2) |
|
Avg DSCR (3) |
Recent NOI |
Loans |
Balance |
Agg. |
(2) |
WAC |
Avg DSCR (3) |
|
|
|
|
Bal. |
|
|
|
|
|
|
Bal. |
|
|
|
|
||||||||||||||
|
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
Defeased |
5 |
68,761,155.87 |
12.07 |
24 |
4.6538 |
NAP |
|
1.30 or less |
12 |
289,981,371.79 |
50.90 |
23 |
4.3249 |
0.731724 |
|
|
|
|
|
|
|
|
1.31-1.40 |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
Underwriter's Information |
4 |
70,362,724.00 |
12.35 |
23 |
3.9120 |
1.660196 |
|
1.41-1.50 |
3 |
50,746,093.33 |
8.91 |
24 |
4.5210 |
1.442064 |
1 year or less |
24 |
385,687,126.04 |
67.70 |
23 |
4.3173 |
1.106726 |
|
1.51-1.60 |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
1 to 2 years |
1 |
44,864,250.82 |
7.88 |
25 |
5.2000 |
1.032100 |
|
1.61-1.70 |
5 |
92,221,974.22 |
16.19 |
23 |
4.0293 |
1.659367 |
|
|
|
|
|
|
|
|
1.71-1.80 |
1 |
5,233,612.82 |
0.92 |
25 |
5.2500 |
1.729500 |
2 years or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
1.81-1.90 |
1 |
5,878,661.83 |
1.03 |
24 |
4.4070 |
1.888100 |
|
|
|
|
|
|
|
|
1.91-2.00 |
2 |
24,119,819.26 |
4.23 |
24 |
4.4205 |
1.927346 |
Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
|
2.01-2.10 |
1 |
3,842,695.90 |
0.67 |
24 |
4.4920 |
2.038400 |
|
|
|
|
|
|
|
|
2.11-2.50 |
2 |
22,269,652.46 |
3.91 |
25 |
4.7833 |
2.176645 |
|
|
|
|
|
|
|
|
2.51 or greater |
3 |
10,462,915.15 |
1.84 |
25 |
4.9692 |
3.484996 |
|
|
|
|
|
|
|
|
Totals |
34 |
569,675,256.73 |
100.00 |
23 |
4.3774 |
1.218010 |
|
|
|
|
|
|
|
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
(1) 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. |
|
|||||||||||||
(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) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. As NCF DSCRs are reported in the Loan Periodic File, the most current NCF DSCR is |
||||||||||||||
used in the stratification section of this report. If no updated NCF DSCRs are reported, the most current NOI DSCR is used. If no updated DSCR information is provided, then information from the offering document is |
||||||||||||||
used. If the DSCRs reported by the Master Servicer are based on a period of less than 12 months, they are normalized based on the Most Recent Financial as of Start and End Dates reported in the Loan Periodic File. |
||||||||||||||
The DSCR information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information. |
|
|
||||||||||||
(4) Although presented in the marketing materials as a single loan, Westfield Countryside (Prosp. ID 1) has been split into five separate loans for ongoing reporting purposes. As a result, the loan counts in these |
||||||||||||||
stratification tables are higher than those in the prospectus. |
|
|
|
|
|
|
|
|
|
|
|
|||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 10 of 28 |
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|
|
Mortgage Loan Detail |
|
|
|
|
|
|
|
|||
|
|||||||||||||||||
Loan |
|
Property |
|
|
Interest |
Principal |
Gross |
Anticipated |
Maturity |
Neg. |
Beginning |
Ending |
Paid |
Appraisal |
Appraisal |
Res. |
Mod. |
Number |
ODCR |
Type (1) |
City |
State |
Payment |
Payment |
Coupon |
Repayment |
Date |
Amort |
Scheduled |
Scheduled |
Thru |
Reduction |
Reduction |
Strat. |
Code |
|
|
|
|
|
Date |
(Y/N) |
Balance |
Balance |
Date |
Date |
Amount |
(2) |
(3) |
||||
|
|||||||||||||||||
1340373 |
1A |
RT |
Clearwater |
FL |
78,612.40 |
41,795.71 |
3.912% |
N/A |
6/1/23 |
N |
24,114,234.38 |
24,072,438.67 |
10/1/20 |
3/11/21 |
9,333,436.01 |
13 |
|
453000180 |
1B |
RT |
Clearwater |
FL |
178,622.44 |
94,967.85 |
3.912% |
N/A |
6/1/23 |
N |
54,792,159.45 |
54,697,191.60 |
10/1/20 |
3/11/21 |
21,207,354.38 |
13 |
|
453000182 |
1C |
RT |
Clearwater |
FL |
2,678.54 |
1,424.09 |
3.912% |
N/A |
6/1/23 |
N |
821,638.06 |
820,213.97 |
7/1/20 |
3/11/21 |
318,015.74 |
13 |
|
453000184 |
1D |
RT |
Clearwater |
FL |
29,747.57 |
15,815.84 |
3.912% |
N/A |
6/1/23 |
N |
9,125,021.71 |
9,109,205.87 |
7/1/20 |
3/11/21 |
9,187,792.76 |
13 |
|
453000186 |
1E |
RT |
Clearwater |
FL |
18,732.19 |
9,959.31 |
3.912% |
N/A |
6/1/23 |
N |
5,746,071.87 |
5,736,112.56 |
7/1/20 |
3/11/21 |
5,785,599.09 |
13 |
|
300681002 |
2 |
RT |
Dublin |
OH |
253,622.77 |
176,370.83 |
3.564% |
N/A |
5/1/23 |
N |
85,394,872.01 |
85,218,501.18 |
2/1/21 |
6/11/21 |
32,543,361.98 |
13 |
|
453000190 |
4 |
RT |
Edina |
MN |
155,092.93 |
102,563.18 |
3.844% |
N/A |
4/1/23 |
N |
48,416,106.25 |
48,313,543.07 |
7/1/21 |
|
|
|
|
300681005 |
5 |
LO |
Chicago |
IL |
194,987.99 |
132,977.84 |
5.200% |
N/A |
8/1/23 |
N |
44,997,228.66 |
44,864,250.82 |
4/1/20 |
3/11/21 |
11,380,904.32 |
13 |
|
300681006 |
6 |
MU |
Bridgewater |
NJ |
148,173.61 |
73,528.72 |
4.550% |
N/A |
7/1/23 |
N |
39,078,754.92 |
39,005,226.20 |
7/1/21 |
|
|
|
|
300681008 |
8 |
IN |
Rochester |
NY |
135,157.53 |
73,093.31 |
4.690% |
N/A |
7/1/23 |
N |
34,581,884.23 |
34,508,790.92 |
7/1/21 |
|
|
|
|
300681009 |
9 |
LO |
North Hollywood |
CA |
112,911.49 |
51,543.90 |
5.185% |
N/A |
7/1/23 |
N |
26,131,878.17 |
26,080,334.27 |
7/1/21 |
|
|
|
|
300681011 |
11 |
MH |
Various |
WI |
80,454.86 |
48,131.48 |
4.407% |
N/A |
7/1/23 |
N |
21,907,381.70 |
21,859,250.22 |
7/1/21 |
|
|
|
|
300681012 |
12 |
MH |
Various |
Various |
74,631.70 |
44,647.83 |
4.407% |
N/A |
7/1/23 |
N |
20,321,771.19 |
20,277,123.36 |
7/1/21 |
|
|
|
|
300681014 |
14 |
LO |
Virginia Beach |
VA |
59,173.45 |
32,001.05 |
4.690% |
N/A |
7/1/23 |
N |
15,140,327.09 |
15,108,326.04 |
7/1/21 |
|
|
|
|
1340434 |
15 |
OF |
Chula Vista |
CA |
62,770.31 |
30,746.13 |
4.960% |
N/A |
8/1/23 |
N |
15,186,365.73 |
15,155,619.60 |
7/1/21 |
|
|
|
|
300681016 |
16 |
LO |
Jacksonville |
FL |
62,300.24 |
30,949.58 |
4.935% |
N/A |
7/1/23 |
N |
15,148,994.99 |
15,118,045.41 |
7/1/21 |
|
|
|
|
300681017 |
17 |
MF |
Houston |
TX |
51,527.86 |
23,366.31 |
4.449% |
N/A |
7/1/23 |
N |
13,898,275.89 |
13,874,909.58 |
7/1/21 |
|
|
|
|
300681018 |
18 |
LO |
Tuscaloosa |
AL |
38,816.12 |
47,571.49 |
4.890% |
N/A |
7/1/23 |
N |
9,525,427.22 |
9,477,855.73 |
7/1/21 |
|
|
|
|
300681019 |
19 |
OF |
Irvine |
CA |
45,221.53 |
19,601.30 |
4.910% |
N/A |
8/1/23 |
N |
11,052,104.58 |
11,032,503.28 |
7/1/21 |
|
|
|
|
300681020 |
20 |
RT |
Las Vegas |
NV |
37,467.21 |
22,553.24 |
4.390% |
N/A |
7/1/23 |
N |
10,241,607.64 |
10,219,054.40 |
7/1/21 |
|
|
|
|
300681023 |
23 |
MH |
Various |
MN |
26,183.81 |
15,664.26 |
4.407% |
N/A |
7/1/23 |
N |
7,129,697.12 |
7,114,032.86 |
7/1/21 |
|
|
|
|
300681024 |
24 |
LO |
North Charleston |
SC |
31,303.70 |
13,675.98 |
5.300% |
N/A |
8/1/23 |
N |
7,087,629.16 |
7,073,953.18 |
7/1/21 |
|
|
|
|
300681025 |
25 |
MF |
Heath |
OH |
27,362.20 |
13,709.97 |
4.910% |
N/A |
7/1/23 |
N |
6,687,299.29 |
6,673,589.32 |
7/1/21 |
|
|
|
|
300681027 |
27 |
SS |
Royal Palm Beach |
FL |
21,852.03 |
13,725.33 |
3.947% |
N/A |
6/1/23 |
N |
6,643,638.20 |
6,629,912.87 |
7/1/21 |
|
|
|
|
300681028 |
28 |
MH |
Lannon |
WI |
21,636.92 |
12,944.12 |
4.407% |
N/A |
7/1/23 |
N |
5,891,605.95 |
5,878,661.83 |
7/1/21 |
|
|
|
|
300681029 |
29 |
LO |
El Paso |
TX |
20,991.66 |
14,574.88 |
5.140% |
N/A |
8/1/23 |
N |
4,900,776.73 |
4,886,201.85 |
7/1/21 |
|
|
|
10 |
300681030 |
30 |
SS |
Houston |
TX |
22,941.64 |
10,190.58 |
5.250% |
N/A |
8/1/23 |
N |
5,243,803.40 |
5,233,612.82 |
7/1/21 |
|
|
|
|
300681031 |
31 |
IN |
Carpinteria |
CA |
19,994.57 |
10,925.66 |
4.645% |
N/A |
8/1/23 |
N |
5,165,443.04 |
5,154,517.38 |
7/1/21 |
|
|
|
|
300681033 |
33 |
MF |
Corpus Christi |
TX |
14,415.80 |
8,363.65 |
4.492% |
N/A |
7/1/23 |
N |
3,851,059.55 |
3,842,695.90 |
7/1/21 |
|
|
|
|
300681034 |
34 |
RT |
Various |
Various |
15,027.06 |
9,699.32 |
5.410% |
N/A |
7/1/23 |
N |
3,333,173.54 |
3,323,474.22 |
7/1/21 |
|
|
|
|
300681035 |
35 |
SS |
Various |
MI |
13,761.95 |
9,773.38 |
5.065% |
N/A |
8/1/23 |
N |
3,260,481.46 |
3,250,708.08 |
7/1/21 |
|
|
|
|
300681036 |
36 |
LO |
Katy |
TX |
10,795.26 |
(329,756.45) |
5.205% |
N/A |
7/1/23 |
N |
2,156,140.80 |
2,485,897.25 |
6/1/20 |
5/11/21 |
|
9 |
9 |
300681037 |
37 |
SS |
Various |
TX |
9,681.51 |
5,865.37 |
5.630% |
N/A |
7/1/23 |
N |
2,063,555.06 |
2,057,689.69 |
7/1/21 |
|
|
|
|
300681038 |
38 |
RT |
McAllen |
TX |
5,923.28 |
4,806.48 |
4.656% |
N/A |
7/1/23 |
N |
1,526,619.21 |
1,521,812.73 |
7/1/21 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 11 of 28 |
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Mortgage Loan Detail |
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||||||||||||||||||||||||||
Loan |
|
Property |
|
|
|
Interest |
Principal |
Gross |
Anticipated |
Maturity |
Neg. |
Beginning |
|
Ending |
Paid |
Appraisal |
Appraisal |
Res. |
Mod. |
|||||||
Number |
ODCR Type (1) |
|
City |
State |
Payment |
Payment |
Coupon |
Repayment |
Date |
Amort |
Scheduled |
|
Scheduled |
Thru |
Reduction |
Reduction |
Strat. |
Code |
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Date |
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(Y/N) |
Balance |
|
Balance |
Date |
Date |
Amount |
(2) |
(3) |
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Totals |
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2,082,574.13 887,771.52 |
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570,563,028.25 |
569,675,256.73 |
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89,756,464.28 |
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(1) Property Type Code |
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(2) Resolution Strategy Code |
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|
(3) Modification Code |
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MF |
- Multi-Family |
|
SS |
- |
Self Storage |
|
1 |
- Modification |
7 - |
REO |
|
11 |
- |
Full Payoff |
|
1 |
- Maturity Date Extension |
6 |
- Capitalization on Interest |
|||||||
RT |
- Retail |
|
98 |
- |
Other |
|
2 |
- Foreclosure |
8 - |
Resolved |
|
12 |
- |
Reps and Warranties |
2 |
- Amortization Change |
7 |
- Capitalization on Taxes |
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HC |
- Health Care |
|
SE |
- |
Securities |
|
3 |
- Bankruptcy |
9 - |
Pending Return |
13 |
- |
TBD |
|
|
3 |
- Principal Write-Off |
8 |
- Other |
|
|
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IN |
- Industrial |
|
CH |
- |
Cooperative Housing |
4 |
- Extension |
|
to Master Servicer |
98 |
- |
Other |
|
4 |
- Blank |
|
9 |
- Combination |
|
|
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MH |
- Mobile Home Park |
WH |
- |
Warehouse |
|
5 |
- Note Sale |
10 - Deed in Lieu Of |
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|
|
5 |
- Temporary Rate Reduction |
10 |
- Forbearance |
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OF |
- Office |
|
ZZ |
- |
Missing Information |
6 |
- DPO |
|
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Foreclosure |
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MU |
- Mixed Use |
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SF |
- |
Single Family |
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LO |
- Lodging |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 12 of 28 |
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NOI Detail |
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||||||||||
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Loan |
|
|
|
|
Ending |
Most |
Most |
Most Recent |
Most Recent |
|
Number |
ODCR |
Property |
City |
State |
Scheduled |
Recent |
Recent |
NOI Start |
NOI End |
|
|
|
Type |
|
|
Balance |
Fiscal NOI (1) |
NOI (1) |
Date |
Date |
|
|
||||||||||
1340373 |
1A |
Retail |
Clearwater |
FL |
24,072,438.67 |
10,624,787.00 |
2,942,146.50 |
1/1/21 |
3/31/21 |
|
453000180 |
1B |
Retail |
Clearwater |
FL |
54,697,191.60 |
0.00 |
0.00 |
|
|
|
453000182 |
1C |
Retail |
Clearwater |
FL |
820,213.97 |
0.00 |
0.00 |
|
|
|
453000184 |
1D |
Retail |
Clearwater |
FL |
9,109,205.87 |
0.00 |
0.00 |
|
|
|
453000186 |
1E |
Retail |
Clearwater |
FL |
5,736,112.56 |
0.00 |
0.00 |
|
|
|
300681002 |
2 |
Retail |
Dublin |
OH |
85,218,501.18 |
10,533,754.00 |
1,956,141.59 |
1/1/21 |
3/31/21 |
|
453000190 |
4 |
Retail |
Edina |
MN |
48,313,543.07 |
13,200,626.00 |
2,907,833.00 |
1/1/21 |
3/31/21 |
|
300681005 |
5 |
Lodging |
Chicago |
IL |
44,864,250.82 |
10,736,254.00 |
10,187,249.00 |
4/1/19 |
3/31/20 |
|
300681006 |
6 |
Mixed Use |
Bridgewater |
NJ |
39,005,226.20 |
4,925,468.48 |
1,090,331.67 |
1/1/21 |
3/31/21 |
|
300681008 |
8 |
Industrial |
Rochester |
NY |
34,508,790.92 |
0.00 |
0.00 |
|
|
|
300681009 |
9 |
Lodging |
North Hollywood |
CA |
26,080,334.27 |
(1,552,706.51) |
(3,247,868.31) |
4/1/20 |
3/31/21 |
|
300681011 |
11 |
Mobile Home Park |
Various |
WI |
21,859,250.22 |
2,315,090.00 |
656,354.25 |
1/1/21 |
3/31/21 |
|
300681012 |
12 |
Mobile Home Park |
Various |
Various |
20,277,123.36 |
2,564,537.56 |
697,426.13 |
1/1/21 |
3/31/21 |
|
300681014 |
14 |
Lodging |
Virginia Beach |
VA |
15,108,326.04 |
848,968.00 |
1,113,960.82 |
4/1/20 |
3/31/21 |
|
1340434 |
15 |
Office |
Chula Vista |
CA |
15,155,619.60 |
1,982,346.83 |
1,290,416.16 |
1/1/21 |
6/30/21 |
|
300681016 |
16 |
Lodging |
Jacksonville |
FL |
15,118,045.41 |
504,088.00 |
309,827.00 |
4/1/20 |
3/31/21 |
|
300681017 |
17 |
Multi-Family |
Houston |
TX |
13,874,909.58 |
0.00 |
0.00 |
|
|
|
300681018 |
18 |
Lodging |
Tuscaloosa |
AL |
9,477,855.73 |
1,079,661.80 |
1,062,081.80 |
4/1/20 |
3/31/21 |
|
300681019 |
19 |
Office |
Irvine |
CA |
11,032,503.28 |
964,649.00 |
252,357.00 |
1/1/21 |
3/31/21 |
|
300681020 |
20 |
Retail |
Las Vegas |
NV |
10,219,054.40 |
962,220.14 |
288,088.59 |
1/1/21 |
3/31/21 |
|
300681023 |
23 |
Mobile Home Park |
Various |
MN |
7,114,032.86 |
1,074,243.85 |
290,775.25 |
1/1/21 |
3/31/21 |
|
300681024 |
24 |
Lodging |
North Charleston |
SC |
7,073,953.18 |
0.00 |
0.00 |
|
|
|
300681025 |
25 |
Multi-Family |
Heath |
OH |
6,673,589.32 |
0.00 |
0.00 |
|
|
|
300681027 |
27 |
Self Storage |
Royal Palm Beach |
FL |
6,629,912.87 |
0.00 |
0.00 |
|
|
|
300681028 |
28 |
Mobile Home Park |
Lannon |
WI |
5,878,661.83 |
767,951.00 |
197,988.00 |
1/1/21 |
3/31/21 |
|
300681029 |
29 |
Lodging |
El Paso |
TX |
4,886,201.85 |
122,020.11 |
0.00 |
|
|
|
300681030 |
30 |
Self Storage |
Houston |
TX |
5,233,612.82 |
589,781.67 |
171,915.42 |
1/1/21 |
3/31/21 |
|
300681031 |
31 |
Industrial |
Carpinteria |
CA |
5,154,517.38 |
1,393,381.00 |
376,780.25 |
1/1/21 |
3/31/21 |
|
300681033 |
33 |
Multi-Family |
Corpus Christi |
TX |
3,842,695.90 |
403,186.78 |
139,303.69 |
1/1/21 |
3/31/21 |
|
300681034 |
34 |
Retail |
Various |
Various |
3,323,474.22 |
313,753.76 |
1,728.19 |
1/1/21 |
3/31/21 |
|
300681035 |
35 |
Self Storage |
Various |
MI |
3,250,708.08 |
978,316.17 |
260,008.79 |
1/1/21 |
3/31/21 |
|
300681036 |
36 |
Lodging |
Katy |
TX |
2,485,897.25 |
(120,736.00) |
0.00 |
|
|
|
300681037 |
37 |
Self Storage |
Various |
TX |
2,057,689.69 |
379,649.46 |
124,163.29 |
1/1/21 |
3/31/21 |
|
300681038 |
38 |
Retail |
McAllen |
TX |
1,521,812.73 |
198,184.00 |
46,148.00 |
1/1/21 |
3/31/21 |
|
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 13 of 28 |
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|
NOI Detail |
|
|
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|
Loan |
|
|
|
|
Ending |
Most |
Most |
Most Recent |
Most Recent |
Number |
ODCR |
Property |
City |
State |
Scheduled |
Recent |
Recent |
NOI Start |
NOI End |
|
|
Type |
|
|
Balance |
Fiscal NOI (1) |
NOI (1) |
Date |
Date |
|
|||||||||
|
|||||||||
|
|||||||||
|
|||||||||
Total |
|
|
|
|
569,675,256.73 |
|
|
|
|
(1) The Most Recent Fiscal NOI and Most Recent NOI fields correspond to the financial data reported by the Master Servicer. An NOI of 0.00 means the Master Servicer did not report NOI figures |
|||||||||
in their loan level reporting. |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 14 of 28 |
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|
Principal Prepayment Detail |
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|
||
Loan Number |
Loan Group |
Offering Document |
Principal Prepayment Amount |
Prepayment Penalties |
|
|
|
|
Cross-Reference |
Payoff Amount |
Curtailment Amount |
Prepayment Premium Yield Maintenance Premium |
|
|
|
No Principal Prepayments this Period |
|
|
||
|
||||||
|
||||||
|
||||||
|
||||||
Totals |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 15 of 28 |
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|
Historical Detail |
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|
|
|
|
||
|
|
|
|
Delinquencies |
|
|
|
|
|
|
|
Prepayments |
|
Rate and Maturities |
|||||
Distribution |
30-59 Days |
60-89 Days |
90 Days or More |
Foreclosure |
REO |
Modifications |
Curtailments |
Payoff |
Next Weighted Avg. |
WAM |
|||||||||
Date |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Amount |
# |
Amount |
Coupon |
Remit |
|
7/16/21 |
0 |
|
0 |
|
8 |
|
1 |
|
0 |
|
1 |
|
0 |
|
0 |
|
4.377377% |
23 |
|
|
|
$0.00 |
|
$0.00 |
$227,003,811.92 |
|
$85,218,501.18 |
|
$0.00 |
|
$2,485,897.25 |
|
$0.00 |
|
$0.00 |
4.251459% |
|
||
6/17/21 |
0 |
|
0 |
|
8 |
|
1 |
0 |
|
0 |
|
0 |
|
0 |
|
4.377005% |
24 |
||
|
|
$0.00 |
|
$0.00 |
$227,147,366.94 |
|
$85,394,872.01 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251181% |
|
||
5/17/21 |
0 |
|
1 |
|
7 |
|
1 |
0 |
|
0 |
|
0 |
|
0 |
|
4.377133% |
25 |
||
|
|
$0.00 |
|
$85,562,274.99 |
$142,051,878.16 |
|
$85,562,274.99 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251307% |
|
||
4/16/21 |
0 |
|
1 |
7 |
|
1 |
0 |
|
0 |
|
0 |
|
0 |
|
4.377267% |
26 |
|||
|
|
$0.00 |
|
$85,737,627.84 |
$142,367,198.68 |
|
$85,737,627.84 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251441% |
|
||
3/17/21 |
0 |
|
1 |
7 |
|
1 |
0 |
|
0 |
|
0 |
|
0 |
|
4.377391% |
27 |
|||
|
|
$0.00 |
|
$85,903,982.12 |
$142,664,189.36 |
|
$85,903,982.12 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251563% |
|
||
2/18/21 |
0 |
|
0 |
|
8 |
|
1 |
0 |
|
0 |
|
0 |
|
0 |
|
4.377541% |
28 |
||
|
|
$0.00 |
|
$0.00 |
$229,106,895.51 |
|
$86,095,319.49 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251714% |
|
||
1/15/21 |
0 |
|
1 |
|
7 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.377661% |
29 |
|
|
|
$0.00 |
|
$86,260,579.37 |
$143,306,062.28 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251833% |
|
||
12/17/20 |
0 |
|
0 |
|
8 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.377780% |
30 |
|
|
|
$0.00 |
|
$0.00 |
$230,024,735.46 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.251951% |
|
||
11/18/20 |
0 |
|
0 |
|
8 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.377907% |
31 |
|
|
|
$0.00 |
|
$0.00 |
$230,507,026.88 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.252077% |
|
||
10/19/20 |
0 |
|
0 |
|
8 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.378023% |
32 |
|
|
|
$0.00 |
|
$0.00 |
$230,961,742.46 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.252191% |
|
||
9/17/20 |
0 |
|
0 |
|
8 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.378147% |
33 |
|
|
|
$0.00 |
|
$0.00 |
$231,440,776.30 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.252314% |
|
||
8/17/20 |
0 |
|
0 |
|
8 |
|
0 |
|
0 |
|
0 |
|
0 |
|
0 |
|
4.378260% |
34 |
|
|
|
$0.00 |
|
$0.00 |
$231,892,138.12 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
4.252425% |
|
||
Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories. |
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
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Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 16 of 28 |
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|
Delinquency Loan Detail |
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|
|||||
|
|||||||||||||||||||||
|
|
|
Offering |
# of |
|
Current |
Outstanding |
|
Status of Resolution |
|
|
|
Actual |
|
Outstanding |
|
|
|
|||
Loan Number |
Document |
Months |
Paid Through |
P & I |
P & I |
|
|
Mortgage |
Strategy |
Servicing |
Foreclosure |
Principal |
|
Servicing |
|
Bankruptcy |
REO |
||||
|
|
|
Cross-Reference |
Delinq. |
Date |
Advances |
Advances ** |
|
Loan (1) |
Code (2) Transfer Date |
|
Date |
Balance |
|
Advances |
|
Date |
Date |
|||
|
|||||||||||||||||||||
|
1340373 |
1A |
8 |
10/1/20 |
89,597.11 |
919,014.96 |
6 |
13 |
6/19/20 |
|
|
24,435,923.51 |
0.00 |
|
|
||||||
453000180 |
1B |
8 |
10/1/20 |
203,581.80 |
2,088,178.00 |
6 |
13 |
6/19/20 |
|
|
55,523,098.78 |
34,554.64 |
|
|
|||||||
453000182 |
1C |
11 |
7/1/20 |
3,052.82 |
43,578.52 |
6 |
13 |
6/19/20 |
|
|
836,556.14 |
0.00 |
|
|
|
||||||
453000184 |
1D |
11 |
7/1/20 |
15,763.75 |
446,679.14 |
6 |
13 |
6/19/20 |
|
|
9,290,700.75 |
0.00 |
|
|
|
||||||
453000186 |
1E |
11 |
7/1/20 |
9,926.51 |
281,276.00 |
6 |
13 |
6/19/20 |
|
|
5,850,400.70 |
0.00 |
|
|
|
||||||
300681002 |
2 |
4 |
2/1/21 |
331,971.50 |
1,940,613.83 |
6 |
13 |
7/8/20 |
|
12/11/20 |
86,095,319.49 |
27,590.61 |
|
|
|||||||
300681005 |
5 |
14 |
4/1/20 |
277,878.32 |
4,711,351.40 |
6 |
13 |
7/15/20 |
|
|
46,761,041.18 |
0.00 |
|
|
|||||||
300681036 |
36 |
12 |
6/1/20 |
13,669.66 |
357,307.93 |
6 |
9 |
6/26/20 |
|
|
2,496,797.31 |
142,352.25 |
9/1/20 |
|
|||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
Totals |
8 |
|
|
945,441.46 |
10,787,999.78 |
|
|
|
|
|
231,289,837.86 |
204,497.50 |
|
|
||||||
|
|||||||||||||||||||||
Totals By Delinquency Code: |
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|
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|
|
|
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|
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|
|||
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|||||||||||||||||||||
Total for Status Code = 6 (8 loans) |
|
945,441.46 |
10,787,999.78 |
|
|
|
|
|
231,289,837.86 |
204,497.50 |
|
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|||||||||
|
|||||||||||||||||||||
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|||||||||||||||||||||
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|||||||||||||||||||||
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|
|
(1) Status of Mortgage Loan |
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|
|
(2) Resolution Strategy Code |
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|
||||
A |
- |
Payment Not Received |
0 |
- Current |
|
4 |
- |
Performing Matured Balloon |
1 - |
Modification |
7 |
- |
REO |
|
11 |
- Full Payoff |
|
||||
|
|
But Still in Grace Period |
1 |
- 30-59 Days Delinquent |
5 |
- |
Non Performing Matured Balloon |
2 - |
Foreclosure |
8 |
- |
Resolved |
|
12 |
- Reps and Warranties |
||||||
|
|
Or Not Yet Due |
2 |
- 60-89 Days Delinquent |
6 |
- |
121+ Days Delinquent |
|
3 - |
Bankruptcy |
9 |
- |
Pending Return |
13 |
- TBD |
|
|||||
B |
- |
Late Payment But Less |
3 |
- 90-120 Days Delinquent |
|
|
|
|
|
|
4 - |
Extension |
|
|
to Master Servicer |
98 |
- Other |
|
|||
|
|
Than 30 Days Delinquent |
|
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|
|
|
|
|
|
|
5 - |
Note Sale |
10 - |
Deed In Lieu Of |
|
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|
|||
** Outstanding P & I Advances include the current period advance. |
|
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|
|
6 - |
DPO |
|
|
Foreclosure |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 17 of 28 |
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Specially Serviced Loan Detail - Part 1 |
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||||||
|
|||||||||||||||||||||
|
Offering |
|
Servicing |
Resolution |
|
|
|
|
|
|
|
|
|
Net |
|
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|
|
|
Remaining |
Loan |
|
|
|
|
|
|
Scheduled |
Property |
|
|
Interest |
Actual |
|
|
|
DSCR |
|
|
Note |
Maturity |
|
|
Document |
|
Transfer |
Strategy |
|
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|
|
State |
|
|
Operating |
|
DSCR |
|
|
|
Amortization |
||
Number |
|
|
|
|
|
|
Balance |
Type (2) |
|
|
Rate |
Balance |
|
|
|
Date |
|
|
Date |
Date |
|
|
Cross-Reference |
|
Date |
Code (1) |
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|
|
Income |
|
|
|
|
|
Term |
||
|
|||||||||||||||||||||
1340373 |
1A |
|
6/19/20 |
13 |
|
|
24,072,438.67 |
RT |
|
FL |
3.912% |
24,435,923.51 |
11,932,038.58 |
3/31/21 |
1.34 |
|
7/1/13 |
6/1/23 |
264 |
||
453000180 |
1B |
|
6/19/20 |
13 |
|
|
54,697,191.60 |
|
|
|
3.912% |
55,523,098.78 |
5,839,028.31 |
3/31/21 |
1.66 |
|
7/1/13 |
6/1/23 |
264 |
||
453000182 |
1C |
|
6/19/20 |
13 |
|
|
820,213.97 |
|
|
|
3.912% |
836,556.14 |
|
87,559.38 |
3/31/21 |
1.66 |
|
7/1/13 |
6/1/23 |
264 |
|
453000184 |
1D |
|
6/19/20 |
13 |
|
|
9,109,205.87 |
|
|
|
3.912% |
9,290,700.75 |
972,424.92 |
3/31/21 |
1.66 |
|
7/1/13 |
6/1/23 |
264 |
||
453000186 |
1E |
|
6/19/20 |
13 |
|
|
5,736,112.56 |
|
|
|
3.912% |
5,850,400.70 |
612,340.81 |
3/31/21 |
1.66 |
|
7/1/13 |
6/1/23 |
264 |
||
300681002 |
2 |
|
7/8/20 |
13 |
|
|
85,218,501.18 |
RT |
|
OH |
3.564% |
86,095,319.49 |
7,933,240.89 |
3/31/21 |
1.15 |
|
6/1/13 |
5/1/23 |
264 |
||
300681005 |
5 |
|
7/15/20 |
13 |
|
|
44,864,250.82 |
LO |
|
IL |
5.200% |
46,761,041.18 |
10,187,249.00 |
3/31/21 |
1.19 |
|
9/1/13 |
8/1/23 |
204 |
||
300681036 |
36 |
|
6/26/20 |
9 |
|
|
2,485,897.25 |
LO |
|
TX |
5.205% |
2,496,797.31 |
(120,736.00) |
3/31/21 |
(0.33) |
|
8/1/13 |
7/1/23 |
83 |
||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|||||||||||||||||||||
|
|
|
|
|
(1) Resolution Strategy Code |
|
|
|
|
|
|
(2) Property Type Code |
|
|
|
|
|||||
|
1 |
- |
Modification |
7 |
- |
REO |
|
11 |
- Full Payoff |
|
MF |
- |
Multi-Family |
SS |
- |
Self Storage |
|
|
|||
|
2 |
- |
Foreclosure |
8 |
- |
Resolved |
|
12 |
- Reps and Warranties |
|
RT |
- |
Retail |
|
98 |
- |
Other |
|
|
||
|
3 |
- |
Bankruptcy |
9 |
- |
Pending Return |
13 |
- TBD |
|
|
HC |
- |
Health Care |
SE |
- |
Securities |
|
|
|||
|
4 |
- |
Extension |
|
|
|
to Master Servicer |
98 |
- Other |
|
|
IN |
- |
Industrial |
|
CH - |
Cooperative Housing |
|
|||
|
5 |
- |
Note Sale |
|
10 - |
Deed in Lieu Of |
|
|
|
|
MH |
- |
Mobile Home Park |
WH - |
Warehouse |
|
|
||||
|
6 |
- |
DPO |
|
|
|
Foreclosure |
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OF |
- |
Office |
|
ZZ |
- |
Missing Information |
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MU |
- |
Mixed Use |
|
SF |
- |
Single Family |
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|
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|
|
|
|
|
LO |
- |
Lodging |
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|
|||||||||||||||||||||
|
|||||||||||||||||||||
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 18 of 28 |
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|
Specially Serviced Loan Detail - Part 2 |
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|
||||||
|
||||||
|
Offering |
Resolution |
Site |
|
|
|
Loan |
|
|
|
Appraisal |
Appraisal |
Other REO |
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
Comments from Special Servicer |
Number |
|
|
|
Date |
Value |
Property Revenue |
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
||||||
1340373 |
1A |
13 |
|
8/11/20 |
91,500,000.00 |
7/9/2021: The loan was transferred to the Special Servicer on 6/16/2020 due to the Master |
|
|
|
|
|
|
Servicer determining an imminent default. The loan was past due for the 6/1/2020 payment. |
|
|
|
|
|
|
The Mall reopened in late May 2020 after being closed for 2.5 months due to COVID |
|
|
|
|
|
|
restrictions. Westfield determined to no longer support the asset and cooperated with a |
|
|
|
|
|
|
friendly foreclosure process. All rents are being captured through Cash Trap. Stipulated |
|
|
|
|
|
|
Foreclosure and Motion for Receiver filed on 12/29/2020. Appointment of JLL as Receiver |
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|
|
entered on 1/6/2021. Receiver overseeing all leasing and management and 2021 budget |
|
|
|
|
|
|
approved. Property management reported no storm damage from tropical storm Elsa 7/7/21. |
|
|
|
|
|
|
Occupied GLA is reported at 93.34%. |
|
||||||
|
||||||
|
||||||
|
||||||
453000180 |
1B |
13 |
|
8/11/20 |
91,500,000.00 |
7/9/2021: The loan was transferred to the Special Servicer on 6/16/2020 due to the Master |
|
|
|
|
|
|
Servicer determining an imminent default. The loan was past due for the 6/1/2020 payment. |
|
|
|
|
|
|
The Mall reopened in late May 2020 after being closed for 2.5 months due to COVID |
|
|
|
|
|
|
restrictions. Westfield determined to no longer support the asset and cooperated with a |
|
|
|
|
|
|
friendly foreclosure process. All rents are being captured through Cash Trap. Stipulated |
|
|
|
|
|
|
Foreclosure and Motion for Receiver filed on 12/29/2020. Appointment of JLL as Receiver |
|
|
|
|
|
|
entered on 1/6/2021. Receiver overseeing all leasing and management and 2021 budget |
|
|
|
|
|
|
approved. Property management reported no storm damage from tropical storm Elsa 7/7/21. |
|
|
|
|
|
|
Occupied GLA is reported at 93.34%. |
|
||||||
|
||||||
|
||||||
|
||||||
453000182 |
1C |
13 |
|
8/11/20 |
91,500,000.00 |
7/9/2021: The loan was transferred to the Special Servicer on 6/16/2020 due to the Master |
|
|
|
|
|
|
Servicer determining an imminent default. The loan was past due for the 6/1/2020 payment. |
|
|
|
|
|
|
The Mall reopened in late May 2020 after being closed for 2.5 months due to COVID |
|
|
|
|
|
|
restrictions. Westfield determined to no longer support the asset and cooperated with a |
|
|
|
|
|
|
friendly foreclosure process. All rents are being captured through Cash Trap. Stipulated |
|
|
|
|
|
|
Foreclosure and Motion for Receiver filed on 12/29/2020. Appointment of JLL as Receiver |
|
|
|
|
|
|
entered on 1/6/2021. Receiver overseeing all leasing and management and 2021 budget |
|
|
|
|
|
|
approved. Property management reported no storm damage from tropical storm Elsa 7/7/21. |
|
|
|
|
|
|
Occupied GLA is reported at 93.34%. |
|
||||||
|
||||||
|
||||||
|
||||||
See footnotes on last page of this section. |
|
|
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|
||
|
||||||
|
||||||
|
||||||
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 19 of 28 |
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|
|
Specially Serviced Loan Detail - Part 2 |
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|
||||||
|
||||||
|
Offering |
Resolution |
Site |
|
|
|
Loan |
|
|
|
Appraisal |
Appraisal |
Other REO |
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
Comments from Special Servicer |
Number |
|
|
|
Date |
Value |
Property Revenue |
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
||||||
453000184 |
1D |
13 |
|
8/11/20 |
91,500,000.00 |
7/9/2021: The loan was transferred to the Special Servicer on 6/16/2020 due to the Master |
|
|
|
|
|
|
Servicer determining an imminent default. The loan was past due for the 6/1/2020 payment. |
|
|
|
|
|
|
The Mall reopened in late May 2020 after being closed for 2.5 months due to COVID |
|
|
|
|
|
|
restrictions. Westfield determined to no longer support the asset and cooperated with a |
|
|
|
|
|
|
friendly foreclosure process. All rents are being captured through Cash Trap. Stipulated |
|
|
|
|
|
|
Foreclosure and Motion for Receiver filed on 12/29/2020. Appointment of JLL as Receiver |
|
|
|
|
|
|
entered on 1/6/2021. Receiver overseeing all leasing and management and 2021 budget |
|
|
|
|
|
|
approved. Property management reported no storm damage from tropical storm Elsa 7/7/21. |
|
|
|
|
|
|
Occupied GLA is reported at 93.34%. |
|
||||||
|
||||||
|
||||||
|
||||||
453000186 |
1E |
13 |
|
8/11/20 |
91,500,000.00 |
7/9/2021: The loan was transferred to the Special Servicer on 6/16/2020 due to the Master |
|
|
|
|
|
|
Servicer determining an imminent default. The loan was past due for the 6/1/2020 payment. |
|
|
|
|
|
|
The Mall reopened in late May 2020 after being closed for 2.5 months due to COVID |
|
|
|
|
|
|
restrictions. Westfield determined to no longer support the asset and cooperated with a |
|
|
|
|
|
|
friendly foreclosure process. All rents are being captured through Cash Trap. Stipulated |
|
|
|
|
|
|
Foreclosure and Motion for Receiver filed on 12/29/2020. Appointment of JLL as Receiver |
|
|
|
|
|
|
entered on 1/6/2021. Receiver overseeing all leasing and management and 2021 budget |
|
|
|
|
|
|
approved. Property management reported no storm damage from tropical storm Elsa 7/7/21. |
|
|
|
|
|
|
Occupied GLA is reported at 93.34%. |
|
||||||
|
||||||
|
||||||
|
||||||
300681002 |
2 |
13 |
|
8/13/20 |
80,000,000.00 |
7/06/2021 Loan transferred to Special Servicing on 7/8/2020 for imminent monetary payment |
|
|
|
|
|
|
default. At time of transfer loan was past due for the 5/1/2020 payment. The loan is secured |
|
|
|
|
|
|
by a 385057 SF portion of a 1.1 million SF super regional mall in Dublin OH a suburb of |
|
|
|
|
|
|
Columbus. The collateral was 75.11% occupied per the June 2020 rent roll. Legal counsel |
|
|
|
|
|
|
has been engaged and enforcement options are being evaluated. A court appointed receiver |
|
|
|
|
|
|
was appointed on 01/14/2021 |
|
||||||
|
||||||
|
||||||
|
||||||
See footnotes on last page of this section. |
|
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|
||
|
||||||
|
||||||
|
||||||
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 20 of 28 |
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|
Specially Serviced Loan Detail - Part 2 |
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||||||||||||
|
Offering |
Resolution |
Site |
|
|
|
|
|
|
|
|
|
Loan |
|
|
|
|
|
Appraisal |
Appraisal |
Other REO |
|
|
||
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
|
|
|
|
|
Comments from Special Servicer |
|
Number |
|
|
|
|
|
Date |
Value |
|
Property Revenue |
|
|
|
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
|
|
|
|
|
|
||||||||||||
300681005 |
5 |
13 |
|
|
|
11/5/20 |
84,100,000.00 |
Loan is part of a pari passu A-1/A-2 loan secured by a 523-rooms, dual flagged Marriott |
||||
|
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|
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|
|
Residence Inn and Springhill Suites. Loan was transferred to Special Servicing 7/15/2020 |
|
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|
|
|
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|
|
due to payment default. Loan is due for 5/1/2020 and all subsequent monthly payments. |
|
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|
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|
|
|
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|
|
|
Appraisal and BOVs received. Loan accelerated. Counsel prepared to file foreclosure action. |
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|
|
|
|
|
|
|
|
|
Negotiations for possible modification ongoing while pursuing parallel path to fcl/receivership. |
|
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
300681036 |
36 |
9 |
|
|
|
3/1/21 |
4,900,000.00 |
|
7/1/21 - The subject loan transferred to special servicing on 6/26/2020. The loan is |
|||
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|
|
|
|
|
|
collateralized by a 69 key Hampton Inn in Katy TX. The Borrower subsequently filed BK on |
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|
|
|
|
|
|
|
|
|
|
9/1/2020. A modification is being onboarded with a return to master to follow. |
|
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
|
|
|
|
|
|
(1) Resolution Strategy Code |
|
|
|||
|
||||||||||||
|
|
|
|
1 |
- |
Modification |
7 |
- |
REO |
|
11 - |
Full Payoff |
|
|
|
|
2 |
- |
Foreclosure |
8 |
- |
Resolved |
12 - |
Reps and Warranties |
|
|
|
|
|
3 |
- |
Bankruptcy |
9 |
- |
Pending Return |
13 - |
TBD |
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|
4 |
- |
Extension |
|
|
to Master Servicer |
98 - |
Other |
|
|
|
|
|
5 |
- |
Note Sale |
10 |
- |
Deed in Lieu Of |
|
|
|
|
|
|
|
6 |
- |
DPO |
|
|
Foreclosure |
|
|
|
|
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|
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 21 of 28 |
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Advance Summary |
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|
Current P&I |
Outstanding P&I |
Outstanding Servicing |
Current Period Interest |
|
|
Loan Group |
|
|
|
on P&I and Servicing |
|
|
|
Advances |
Advances |
Advances |
Advances Paid |
|
|
Totals |
945,441.46 |
10,787,999.78 |
0.00 |
0.00 |
|
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 22 of 28 |
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Modified Loan Detail |
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Offering |
|
|
Pre-Modification |
Post-Modification |
|
|
|
Loan |
|
Pre-Modification |
Post-Modification |
|
|
Modification |
|
|
|
Document |
|
|
Interest |
Interest |
|
Modification Description |
|
Number |
|
Balance |
Balance |
|
|
Date |
|
|
|
Cross-Reference |
|
|
Rate |
Rate |
|
|
|
300681029 |
29 |
|
0.00 |
5.1400% |
5.1400% |
4/1/20 |
|
|
|
||||||||
300681036 |
36 |
|
0.00 |
5.2050% |
5.2050% |
7/1/20 |
|
|
|
||||||||
|
||||||||
|
||||||||
|
||||||||
Totals |
|
|
0.00 |
|
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|
Copyright 2021, Wells Fargo Bank, N.A. |
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Page 23 of 28 |
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|
Historical Liquidated Loan Detail |
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||||
|
|
Beginning |
Fees, |
Most Recent |
Gross Sales |
Net Proceeds |
Net Proceeds |
Date of Current |
Current Period |
Cumulative |
Loss to Loan |
|
Distribution |
|
Realized |
||||||||||
|
ODCR |
Scheduled |
Advances, |
Appraised Value |
Proceeds or |
Received on |
Available for |
Period Adj. |
Adjustment |
Adjustment |
with Cum |
|
Date |
|
Loss to Trust |
||||||||||
|
|
Balance |
and Expenses * |
or BPO |
Other Proceeds |
Liquidation |
Distribution |
to Trust |
to Trust |
to Trust |
Adj. to Trust |
|
11/19/18 |
3 |
58,613,585.93 |
5,505,231.42 |
|
18,013,880.13 |
18,013,880.13 |
12,508,648.71 |
46,104,937.22 |
|
0.00 |
615,261.33 |
45,489,675.89 |
2/15/19 |
22 |
8,251,983.11 |
430,709.84 |
12,900,000.00 |
9,853,194.84 |
9,853,194.84 |
9,422,485.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
Current Total |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
|
Cumulative Total |
66,865,569.04 |
5,935,941.26 |
12,900,000.00 |
27,867,074.97 |
27,867,074.97 |
21,931,133.71 |
46,104,937.22 |
|
0.00 |
615,261.33 |
45,489,675.89 |
|
|
||||||||||||
* Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 24 of 28 |
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Historical Bond/Collateral Loss Reconciliation Detail |
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|||||
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|||||||||||
|
|||||||||||
Distribution |
Offering |
Beginning |
Aggregate |
Prior Realized |
Amts Covered by |
Interest |
Modification |
Additional |
Realized Loss |
Recoveries of |
(Recoveries)/ |
|
Document |
Balance |
Realized Loss |
Loss Applied |
Credit Support/ |
(Shortages)/ |
/Appraisal |
(Recoveries) |
Applied to |
Realized Losses |
Losses Applied to |
Date |
Cross-Reference |
at Liquidation |
on Loans |
to Certificates |
Deal Structure |
Excesses |
Reduction Adj. |
/Expenses |
Certificates to Date |
Paid as Cash |
Certificate Interest |
|
|||||||||||
11/19/18 |
3 |
58,613,585.93 |
46,104,937.22 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
46,104,937.22 |
0.00 |
0.00 |
7/17/19 |
3 |
58,613,585.93 |
45,609,937.22 |
46,104,937.22 |
0.00 |
0.00 |
0.00 |
(495,000.00) |
45,609,937.22 |
0.00 |
0.00 |
12/17/19 |
3 |
58,613,585.93 |
45,545,212.22 |
45,609,937.22 |
0.00 |
0.00 |
0.00 |
(64,725.00) |
45,545,212.22 |
0.00 |
0.00 |
2/18/20 |
3 |
58,613,585.93 |
45,489,675.89 |
45,545,212.22 |
0.00 |
0.00 |
0.00 |
(55,536.33) |
45,489,675.89 |
0.00 |
0.00 |
2/15/19 |
22 |
8,251,983.11 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
Totals |
|
|
|
0.00 |
0.00 |
0.00 |
(615,261.33) |
|
0.00 |
0.00 |
|
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|
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 25 of 28 |
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|
|
Interest Shortfall Reconciliation Detail - Part 1 |
|
|
|
|
||||
|
|||||||||||
Offering |
Stated Principal |
Current Ending |
Special Servicing Fees |
Non-Recoverable |
Modified Interest |
||||||
|
Interest on |
||||||||||
Document |
Balance at |
Scheduled |
ASER |
(PPIS) Excess |
(Scheduled |
Rate (Reduction) |
|||||
|
Advances |
||||||||||
Cross-Reference |
Contribution |
Balance |
Monthly |
Liquidation |
Work Out |
Interest) |
/Excess |
||||
|
|||||||||||
1A |
25,490,969.68 |
24,072,438.67 |
5,023.80 |
0.00 |
0.00 |
30,271.44 |
0.00 |
0.00 |
0.00 |
|
0.00 |
1B |
57,920,365.81 |
54,697,191.60 |
11,415.03 |
0.00 |
0.00 |
68,782.52 |
0.00 |
0.00 |
0.00 |
|
0.00 |
1C |
868,547.10 |
820,213.97 |
171.17 |
0.00 |
0.00 |
1,031.43 |
0.00 |
0.00 |
0.00 |
|
0.00 |
1D |
9,645,989.68 |
9,109,205.87 |
1,901.05 |
0.00 |
0.00 |
29,595.49 |
0.00 |
0.00 |
0.00 |
|
0.00 |
1E |
6,074,127.74 |
5,736,112.56 |
1,197.10 |
0.00 |
0.00 |
18,636.42 |
0.00 |
0.00 |
0.00 |
|
0.00 |
2 |
95,000,000.00 |
85,218,501.18 |
17,790.60 |
0.00 |
0.00 |
96,111.39 |
0.00 |
0.00 |
0.00 |
|
0.00 |
5 |
55,000,000.00 |
44,864,250.82 |
7,187.06 |
0.00 |
0.00 |
49,127.57 |
0.00 |
0.00 |
0.00 |
|
0.00 |
36 |
3,736,751.05 |
2,485,897.25 |
449.20 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
Totals |
253,736,751.06 |
227,003,811.92 |
45,135.01 |
0.00 |
0.00 |
293,556.26 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|||||||||||
|
|||||||||||
|
|||||||||||
|
|||||||||||
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
Page 26 of 28 |
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|
|
Interest Shortfall Reconciliation Detail - Part 2 |
|
|
|
|||||
Offering |
Stated Principal |
Current Ending |
Reimb of Advances to the Servicer Other (Shortfalls)/ Refunds |
|
|
Document |
Balance at |
Scheduled |
|
Comments |
|
|
|
|
|
Left to Reimburse |
|
Cross-Reference |
Contribution |
Balance |
Current Month |
Master Servicer |
|
|
|||||
|
|||||
|
|||||
|
|||||
|
|
There are no Interest Shortfalls for the above columns for this Period. |
|
||
|
|||||
|
|||||
|
|||||
|
|||||
Totals |
|
|
|
|
|
Interest Shortfall Reconciliation Detail Part 2 Total |
|
0.00 |
|
||
Interest Shortfall Reconciliation Detail Part 1 Total |
|
338,691.27 |
|
||
Total Interest Shortfall Allocated to Trust |
|
338,691.27 |
|
||
|
|||||
|
|||||
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
Page 27 of 28 |
|
|
Defeased Loan Detail |
|
|
|
|
|
||||||
|
Offering Document |
Ending Scheduled |
|
|
|
|
Loan Number |
|
|
Maturity Date |
Note Rate |
Defeasance Status |
|
|
Cross-Reference |
Balance |
|
|
|
|
|
||||||
300681008 |
8 |
34,508,790.92 |
7/1/23 |
4.690 |
Full Defeasance |
|
300681017 |
17 |
13,874,909.58 |
7/1/23 |
4.449 |
Full Defeasance |
|
300681024 |
24 |
7,073,953.18 |
8/1/23 |
5.300 |
Full Defeasance |
|
300681025 |
25 |
6,673,589.32 |
7/1/23 |
4.910 |
Full Defeasance |
|
300681027 |
27 |
6,629,912.87 |
6/1/23 |
3.947 |
Full Defeasance |
|
|
||||||
|
||||||
|
||||||
|
||||||
Totals |
|
68,761,155.87 |
|
|
|
|
|
||||||
|
||||||
Copyright 2021, Wells Fargo Bank, N.A. |
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|
|
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|
Page 28 of 28 |
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