Form 10-D Morgan Stanley Capital For: Jun 17
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-D
ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from: May 18, 2022 to June 17, 2022
Commission File Number of issuing entity: 333-227446-01
Central Index Key Number of issuing entity: 0001758882
Morgan Stanley Capital I Trust 2018-H4
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-227446
Central Index Key Number of depositor: 0001547361
Morgan Stanley Capital I Inc.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541557
Morgan Stanley Mortgage Capital Holdings LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001624053
Argentic Real Estate Finance LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001548405
Starwood Mortgage Capital LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001089877
KeyBank National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001558761
Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)
Jane Lam (212) 761-4000
(Name and telephone number, including area code, of the person to contact in connection with this filing)
New York
(State or other jurisdiction of incorporation or organization of the issuing entity)
38-4096509
38-4096510
38-7206272
(I.R.S. Employer Identification No.)
c/o Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
Registered/reporting pursuant to (check one)
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
A-1 |
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X |
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A-2 |
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X |
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A-SB |
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X |
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A-3 |
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X |
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A-4 |
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X |
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X-A |
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X |
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X-B |
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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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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 June 17, 2022 a distribution was made to holders of the certificates issued by Morgan Stanley Capital I Trust 2018-H4.
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 Capital I Trust 2018-H4 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on June 17, 2022
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
1 |
3.87% |
0 |
N/A |
No assets securitized by Morgan Stanley Mortgage Capital Holdings LLC, Argentic Real Estate Finance LLC, Starwood Mortgage Funding II LLC (formerly known as Archetype Mortgage Funding II LLC), KeyBank National Association, and Cantor Commercial Real Estate Lending, L.P. (each a "Securitizer") and held by Morgan Stanley Capital I Trust 2018-H4 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from May 18, 2022 to June 17, 2022.
Morgan Stanley Mortgage Capital Holdings LLC filed its most recent Form ABS-15G on May 13, 2022. The CIK number for Morgan Stanley Mortgage Capital Holdings LLC is 0001541557.
Argentic Real Estate Finance LLC filed its most recent Form ABS-15G on February 8, 2022. The CIK number for Argentic Real Estate Finance LLC is 0001624053.
Starwood Mortgage Capital LLC filed its most recent Form ABS-15G on January 19, 2022. The CIK number for Starwood Mortgage Funding II LLC (formerly known as Archetype Mortgage Funding II LLC) is 0001548405.
KeyBank National Association filed its most recent Form ABS-15G on February 2, 2022. The CIK number for KeyBank National Association is 0001089877.
Cantor Commercial Real Estate Lending, L.P. filed its most recent Form ABS-15G on May 12, 2022. The CIK number for Cantor Commercial Real Estate Lending, L.P. is 0001558761.
Item 1A. Asset-Level Information.
ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on June 30, 2022 under Commission File No. 333-227446-01 and incorporated by reference herein).
ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on June 30, 2022 under Commission File No. 333-227446-01 and incorporated by reference herein).
Part II - OTHER INFORMATION
Item 9. Other Information.
Midland Loan Services, A Division of PNC Bank, National Association, in its capacity as Master Servicer for Morgan Stanley Capital I Trust 2018-H4, affirms the following amounts in the respective accounts:
Collection Account | ||
Prior Distribution Date |
05/17/2022 |
$752,285.48 |
Current Distribution Date |
06/17/2022 |
$711,328.93 |
REO Account | ||
Prior Distribution Date |
05/17/2022 |
$0.00 |
Current Distribution Date |
06/17/2022 |
$0.00 |
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for Morgan Stanley Capital I Trust 2018-H4, affirms the following amounts in the respective accounts:
Distribution Account | ||
Prior Distribution Date |
05/17/2022 |
$5,700.05 |
Current Distribution Date |
06/17/2022 |
$5,886.80 |
Interest Reserve Account | ||
Prior Distribution Date |
05/17/2022 |
$0.00 |
Current Distribution Date |
06/17/2022 |
$0.00 |
Gain-on-Sale Reserve Account | ||
Prior Distribution Date |
05/17/2022 |
$0.00 |
Current Distribution Date |
06/17/2022 |
$0.00 |
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.
Morgan Stanley Capital I Inc.
(Depositor)
/s/ Jane Lam
Jane Lam, President
Date: June 30, 2022
Distribution Date: |
06/17/22 |
Morgan Stanley Capital I Trust 2018-H4 |
Determination Date: |
06/13/22 |
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Next Distribution Date: |
07/15/22 |
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Record Date: |
05/31/22 |
Commercial Mortgage Pass-Through Certificates |
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Series 2018-H4 |
Table of Contents |
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Contacts |
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Section |
Pages |
Role |
Party and Contact Information |
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Certificate Distribution Detail |
2 |
Depositor |
Morgan Stanley Capital I Inc. |
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Certificate Factor Detail |
3 |
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General Information Number |
(212) 761-4000 |
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Certificate Interest Reconciliation Detail |
4 |
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1585 Broadway | New York, NY 10036 | United States |
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Master Servicer |
Midland Loan Services, a Division of PNC Bank, National |
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Additional Information |
5 |
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Association |
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Bond / Collateral Reconciliation - Cash Flows |
6 |
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Executive Vice President - Division Head |
(913) 253-9000 |
askmidlandls.com |
Bond / Collateral Reconciliation - Balances |
7 |
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10851 Mastin Street, Suite 700 | Overland Park, KS 66210 | United States |
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Current Mortgage Loan and Property Stratification |
8-12 |
Special Servicer |
Argentic Services Company LP |
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Mortgage Loan Detail (Part 1) |
13-14 |
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Andrew Hundertmark |
(469) 609-2001 |
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500 North Central Expressway, Suite 261 | Plano, TX 75074 | United States |
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Mortgage Loan Detail (Part 2) |
15-16 |
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Operating Advisor & Asset |
Park Bridge Lender Services LLC |
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Principal Prepayment Detail |
17 |
Representations Reviewer |
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Historical Detail |
18 |
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David Rodgers |
(212) 310-9821 |
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Delinquency Loan Detail |
19 |
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600 Third Avenue, 40th Floor | New York, NY 10016 | United States |
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Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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Collateral Stratification and Historical Detail |
20 |
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Bank, N.A. |
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Specially Serviced Loan Detail - Part 1 |
21 |
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Corporate Trust Services (CMBS) |
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Specially Serviced Loan Detail - Part 2 |
22 |
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9062 Old Annapolis Road | Columbia, MD 21045 | United States |
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Modified Loan Detail |
23 |
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Historical Liquidated Loan Detail |
24 |
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Historical Bond / Collateral Loss Reconciliation Detail |
25 |
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Interest Shortfall Detail - Collateral Level |
26 |
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Supplemental Notes |
27 |
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This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 27 |
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Certificate Distribution Detail |
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Current |
Original |
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Pass-Through |
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Principal |
Interest |
Prepayment |
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Credit |
Credit |
Class |
CUSIP |
Rate (2) |
Original Balance Beginning Balance |
Distribution |
Distribution |
Penalties |
Realized Losses Total Distribution Ending Balance |
Support¹ Support¹ |
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A-1 |
61691RAA4 |
3.323000% |
19,100,000.00 |
12,633.20 |
12,633.20 |
34.98 |
0.00 |
0.00 |
12,668.18 |
0.00 |
0.00% |
30.00% |
A-2 |
61691RAB2 |
4.179000% |
32,900,000.00 |
32,900,000.00 |
377,923.93 |
114,574.25 |
0.00 |
0.00 |
492,498.18 |
32,522,076.07 |
30.75% |
30.00% |
A-SB |
61691RAC0 |
4.247000% |
32,600,000.00 |
32,600,000.00 |
0.00 |
115,376.83 |
0.00 |
0.00 |
115,376.83 |
32,600,000.00 |
30.75% |
30.00% |
A-3 |
61691RAD8 |
4.043000% |
120,000,000.00 |
120,000,000.00 |
0.00 |
404,300.00 |
0.00 |
0.00 |
404,300.00 |
120,000,000.00 |
30.75% |
30.00% |
A-4 |
61691RAE6 |
4.310000% |
353,164,000.00 |
353,164,000.00 |
0.00 |
1,268,447.37 |
0.00 |
0.00 |
1,268,447.37 |
353,164,000.00 |
30.75% |
30.00% |
A-S |
61691RAH9 |
4.621000% |
64,740,000.00 |
64,740,000.00 |
0.00 |
249,302.95 |
0.00 |
0.00 |
249,302.95 |
64,740,000.00 |
22.42% |
21.88% |
B |
61691RAJ5 |
4.923000% |
37,849,000.00 |
37,849,000.00 |
0.00 |
155,275.52 |
0.00 |
0.00 |
155,275.52 |
37,849,000.00 |
17.55% |
17.13% |
C |
61691RAK2 |
5.239985% |
35,856,000.00 |
35,856,000.00 |
0.00 |
156,570.76 |
0.00 |
0.00 |
156,570.76 |
35,856,000.00 |
12.94% |
12.63% |
D |
61691RAL0 |
3.000000% |
26,000,000.00 |
26,000,000.00 |
0.00 |
65,000.00 |
0.00 |
0.00 |
65,000.00 |
26,000,000.00 |
9.60% |
9.36% |
E-RR |
61691RAP1 |
5.239985% |
15,832,000.00 |
15,832,000.00 |
0.00 |
69,132.87 |
0.00 |
0.00 |
69,132.87 |
15,832,000.00 |
7.56% |
7.38% |
F-RR |
61691RAR7 |
5.239985% |
20,916,000.00 |
20,916,000.00 |
0.00 |
91,332.94 |
0.00 |
0.00 |
91,332.94 |
20,916,000.00 |
4.87% |
4.75% |
G-RR |
61691RAT3 |
5.239985% |
7,968,000.00 |
7,968,000.00 |
0.00 |
34,793.50 |
0.00 |
0.00 |
34,793.50 |
7,968,000.00 |
3.84% |
3.75% |
H-RR* |
61691RAV8 |
5.239985% |
29,881,045.00 |
29,881,045.00 |
0.00 |
93,419.97 |
0.00 |
0.00 |
93,419.97 |
29,881,045.00 |
0.00% |
0.00% |
V |
61691RAX4 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
R |
61691RAY2 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
Regular SubTotal |
|
796,806,045.00 |
777,718,678.20 |
390,557.13 |
2,817,561.94 |
0.00 |
0.00 |
3,208,119.07 |
777,328,121.07 |
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X-A |
61691RAF3 |
1.001301% |
557,764,000.00 |
538,676,633.20 |
0.00 |
449,481.19 |
0.00 |
0.00 |
449,481.19 |
538,286,076.07 |
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X-B |
61691RAG1 |
0.507566% |
102,589,000.00 |
102,589,000.00 |
0.00 |
43,392.22 |
0.00 |
0.00 |
43,392.22 |
102,589,000.00 |
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X-D |
61691RBA3 |
2.239985% |
26,000,000.00 |
26,000,000.00 |
0.00 |
48,533.01 |
0.00 |
0.00 |
48,533.01 |
26,000,000.00 |
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Notional SubTotal |
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686,353,000.00 |
667,265,633.20 |
0.00 |
541,406.42 |
0.00 |
0.00 |
541,406.42 |
666,875,076.07 |
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Deal Distribution Total |
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390,557.13 |
3,358,968.36 |
0.00 |
0.00 |
3,749,525.49 |
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* |
Denotes the Controlling Class (if required) |
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(1) |
Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and |
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dividing the result by (A). |
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(2) |
Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in |
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the underlying index (if and as applicable), and any other matters provided in the governing documents. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 2 of 27 |
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Certificate Factor Detail |
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Cumulative |
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Interest Shortfalls |
Interest |
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Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
Regular Certificates |
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A-1 |
61691RAA4 |
0.66142408 |
0.66142408 |
0.00183141 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.66325550 |
0.00000000 |
A-2 |
61691RAB2 |
1,000.00000000 |
11.48704954 |
3.48250000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
14.96954954 |
988.51295046 |
A-SB |
61691RAC0 |
1,000.00000000 |
0.00000000 |
3.53916656 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.53916656 |
1,000.00000000 |
A-3 |
61691RAD8 |
1,000.00000000 |
0.00000000 |
3.36916667 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.36916667 |
1,000.00000000 |
A-4 |
61691RAE6 |
1,000.00000000 |
0.00000000 |
3.59166668 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.59166668 |
1,000.00000000 |
A-S |
61691RAH9 |
1,000.00000000 |
0.00000000 |
3.85083333 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.85083333 |
1,000.00000000 |
B |
61691RAJ5 |
1,000.00000000 |
0.00000000 |
4.10249993 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.10249993 |
1,000.00000000 |
C |
61691RAK2 |
1,000.00000000 |
0.00000000 |
4.36665440 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.36665440 |
1,000.00000000 |
D |
61691RAL0 |
1,000.00000000 |
0.00000000 |
2.50000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
1,000.00000000 |
E-RR |
61691RAP1 |
1,000.00000000 |
0.00000000 |
4.36665424 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.36665424 |
1,000.00000000 |
F-RR |
61691RAR7 |
1,000.00000000 |
0.00000000 |
4.36665424 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.36665424 |
1,000.00000000 |
G-RR |
61691RAT3 |
1,000.00000000 |
0.00000000 |
4.36665412 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.36665412 |
1,000.00000000 |
H-RR |
61691RAV8 |
1,000.00000000 |
0.00000000 |
3.12639568 |
1.24025850 |
36.58813037 |
0.00000000 |
0.00000000 |
3.12639568 |
1,000.00000000 |
V |
61691RAX4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
R |
61691RAY2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
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Notional Certificates |
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X-A |
61691RAF3 |
965.77877597 |
0.00000000 |
0.80586268 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.80586268 |
965.07855665 |
X-B |
61691RAG1 |
1,000.00000000 |
0.00000000 |
0.42297147 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.42297147 |
1,000.00000000 |
X-D |
61691RBA3 |
1,000.00000000 |
0.00000000 |
1.86665423 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.86665423 |
1,000.00000000 |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 3 of 27 |
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Certificate Interest Reconciliation Detail |
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Additional |
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Accrued |
Net Aggregate |
Distributable |
Interest |
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Interest |
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Accrual |
Prior Interest |
Certificate |
Prepayment |
Certificate |
Shortfalls / |
Payback of Prior |
Distribution |
Interest |
Cumulative |
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Class |
Accrual Period |
Days |
Shortfalls |
Interest |
Interest Shortfall |
Interest |
(Paybacks) |
Realized Losses |
Amount |
Distribution |
Interest Shortfalls |
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A-1 |
05/01/22 - 05/30/22 |
30 |
0.00 |
34.98 |
0.00 |
34.98 |
0.00 |
0.00 |
0.00 |
34.98 |
0.00 |
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A-2 |
05/01/22 - 05/30/22 |
30 |
0.00 |
114,574.25 |
0.00 |
114,574.25 |
0.00 |
0.00 |
0.00 |
114,574.25 |
0.00 |
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A-SB |
05/01/22 - 05/30/22 |
30 |
0.00 |
115,376.83 |
0.00 |
115,376.83 |
0.00 |
0.00 |
0.00 |
115,376.83 |
0.00 |
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A-3 |
05/01/22 - 05/30/22 |
30 |
0.00 |
404,300.00 |
0.00 |
404,300.00 |
0.00 |
0.00 |
0.00 |
404,300.00 |
0.00 |
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A-4 |
05/01/22 - 05/30/22 |
30 |
0.00 |
1,268,447.37 |
0.00 |
1,268,447.37 |
0.00 |
0.00 |
0.00 |
1,268,447.37 |
0.00 |
|
X-A |
05/01/22 - 05/30/22 |
30 |
0.00 |
449,481.19 |
0.00 |
449,481.19 |
0.00 |
0.00 |
0.00 |
449,481.19 |
0.00 |
|
X-B |
05/01/22 - 05/30/22 |
30 |
0.00 |
43,392.22 |
0.00 |
43,392.22 |
0.00 |
0.00 |
0.00 |
43,392.22 |
0.00 |
|
A-S |
05/01/22 - 05/30/22 |
30 |
0.00 |
249,302.95 |
0.00 |
249,302.95 |
0.00 |
0.00 |
0.00 |
249,302.95 |
0.00 |
|
B |
05/01/22 - 05/30/22 |
30 |
0.00 |
155,275.52 |
0.00 |
155,275.52 |
0.00 |
0.00 |
0.00 |
155,275.52 |
0.00 |
|
C |
05/01/22 - 05/30/22 |
30 |
0.00 |
156,570.76 |
0.00 |
156,570.76 |
0.00 |
0.00 |
0.00 |
156,570.76 |
0.00 |
|
X-D |
05/01/22 - 05/30/22 |
30 |
0.00 |
48,533.01 |
0.00 |
48,533.01 |
0.00 |
0.00 |
0.00 |
48,533.01 |
0.00 |
|
D |
05/01/22 - 05/30/22 |
30 |
0.00 |
65,000.00 |
0.00 |
65,000.00 |
0.00 |
0.00 |
0.00 |
65,000.00 |
0.00 |
|
E-RR |
05/01/22 - 05/30/22 |
30 |
0.00 |
69,132.87 |
0.00 |
69,132.87 |
0.00 |
0.00 |
0.00 |
69,132.87 |
0.00 |
|
F-RR |
05/01/22 - 05/30/22 |
30 |
0.00 |
91,332.94 |
0.00 |
91,332.94 |
0.00 |
0.00 |
0.00 |
91,332.94 |
0.00 |
|
G-RR |
05/01/22 - 05/30/22 |
30 |
0.00 |
34,793.50 |
0.00 |
34,793.50 |
0.00 |
0.00 |
0.00 |
34,793.50 |
0.00 |
|
H-RR |
05/01/22 - 05/30/22 |
30 |
1,051,639.21 |
130,480.19 |
0.00 |
130,480.19 |
37,060.22 |
0.00 |
0.00 |
93,419.97 |
1,093,291.57 |
|
Totals |
|
|
1,051,639.21 |
3,396,028.58 |
0.00 |
3,396,028.58 |
37,060.22 |
0.00 |
0.00 |
3,358,968.36 |
1,093,291.57 |
|
|
||||||||||||
|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 4 of 27 |
|
Additional Information |
|
Total Available Distribution Amount (1) |
3,749,525.49 |
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
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© 2021 Computershare. All rights reserved. Confidential. |
|
Page 5 of 27 |
Bond / Collateral Reconciliation - Cash Flows |
|
||
|
|||
Total Funds Collected |
|
Total Funds Distributed |
|
Interest |
|
Fees |
|
Interest Paid or Advanced |
3,412,305.76 |
Master Servicing Fee |
8,444.22 |
Interest Reductions due to Nonrecoverability Determination |
0.00 |
Certificate Administrator Fee |
5,886.68 |
Interest Adjustments |
0.00 |
Trustee Fee |
0.00 |
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
334.85 |
ARD Interest |
0.00 |
Operating Advisor Fee |
1,356.94 |
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Asset Representations Reviewer Fee |
254.49 |
Extension Interest |
0.00 |
|
|
Interest Reserve Withdrawal |
0.00 |
|
|
Total Interest Collected |
3,412,305.76 |
Total Fees |
16,277.18 |
|
|||
Principal |
|
Expenses/Reimbursements |
|
Scheduled Principal |
390,557.13 |
Reimbursement for Interest on Advances |
0.00 |
Unscheduled Principal Collections |
|
ASER Amount |
59,832.46 |
Principal Prepayments |
0.00 |
Special Servicing Fees (Monthly) |
(24,072.94) |
Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
1,300.70 |
Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
Curtailments |
0.00 |
Rating Agency Expenses |
0.00 |
Principal Adjustments |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
|
|
Non-Recoverable Advances |
0.00 |
|
|
Workout Delayed Reimbursement Amounts |
0.00 |
|
|
Other Expenses |
0.00 |
Total Principal Collected |
390,557.13 |
Total Expenses/Reimbursements |
37,060.22 |
|
|||
|
|
Interest Reserve Deposit |
0.00 |
|
|||
Other |
|
Payments to Certificateholders and Others |
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
3,358,968.36 |
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
390,557.13 |
Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
0.00 |
Net SWAP Counterparty Payments Received |
0.00 |
Borrower Option Extension Fees |
0.00 |
|
|
Net SWAP Counterparty Payments Paid |
0.00 |
Total Other Collected |
0.00 |
Total Payments to Certificateholders and Others |
3,749,525.49 |
Total Funds Collected |
3,802,862.89 |
Total Funds Distributed |
3,802,862.89 |
|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 6 of 27 |
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|
Bond / Collateral Reconciliation - Balances |
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|
|||||
|
|
Collateral Reconciliation |
|
Certificate Reconciliation |
|
|
|
|
Total |
|
Total |
Beginning Scheduled Collateral Balance |
777,718,678.22 |
777,718,678.22 |
Beginning Certificate Balance |
777,718,678.20 |
|
(-) Scheduled Principal Collections |
390,557.13 |
390,557.13 |
(-) Principal Distributions |
390,557.13 |
|
(-) Unscheduled Principal Collections |
0.00 |
0.00 |
(-) Realized Losses |
0.00 |
|
(-) Principal Adjustments (Cash) |
0.00 |
0.00 |
Realized Loss and Realized Loss Adjustments on Collateral |
0.00 |
|
(-) Principal Adjustments (Non-Cash) |
0.00 |
0.00 |
Current Period NRA¹ |
0.00 |
|
(-) Realized Losses from Collateral |
0.00 |
0.00 |
Current Period WODRA¹ |
0.00 |
|
(-) Other Adjustments² |
0.00 |
0.00 |
Principal Used to Pay Interest |
0.00 |
|
|
|
|
|
Non-Cash Principal Adjustments |
0.00 |
Ending Scheduled Collateral Balance |
777,328,121.09 |
777,328,121.09 |
Certificate Other Adjustments** |
0.00 |
|
Beginning Actual Collateral Balance |
778,436,104.48 |
778,436,104.48 |
Ending Certificate Balance |
777,328,121.07 |
|
Ending Actual Collateral Balance |
778,080,149.17 |
778,080,149.17 |
|
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|
|||||
|
|||||
|
|||||
|
|
NRA/WODRA Reconciliation |
|
Under / Over Collateralization Reconciliation |
|
|
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
|
|
|
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
(0.02) |
Beginning Cumulative Advances |
0.00 |
0.00 |
UC / (OC) Change |
0.00 |
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
(0.02) |
|
Ending Cumulative Advances |
0.00 |
0.00 |
Net WAC Rate |
5.24% |
|
|
|
|
|
UC / (OC) Interest |
0.00 |
(1) |
Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds. |
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|
|
(2) |
Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral. |
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|
|
** |
A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 7 of 27 |
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|
Current Mortgage Loan and Property Stratification |
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|
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|
||||||||||||||
|
|
|
Scheduled Balance |
|
|
|
|
|
Debt Service Coverage Ratio¹ |
|
|
|
||
|
Scheduled |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Debt Service Coverage |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
|
WAM² |
WAC |
|
|
Balance |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Ratio |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
|
10,000,000 or less |
23 |
120,234,934.10 |
15.47% |
76 |
5.2384 |
1.682667 |
1.40 or less |
20 |
322,085,835.97 |
41.43% |
78 |
5.2623 |
0.901864 |
10,000,001 to 20,000,000 |
15 |
227,609,929.53 |
29.28% |
77 |
5.1540 |
1.199039 |
1.41 to 1.60 |
8 |
101,554,360.59 |
13.06% |
78 |
5.1508 |
1.517343 |
|
20,000,001 to 30,000,000 |
9 |
217,695,547.50 |
28.01% |
71 |
5.1569 |
1.634058 |
1.61 to 1.80 |
3 |
29,150,293.29 |
3.75% |
77 |
5.0025 |
1.732260 |
|
30,000,001 to 40,000,000 |
3 |
110,078,067.68 |
14.16% |
76 |
4.7569 |
1.715856 |
1.81 to 2.00 |
8 |
145,697,329.93 |
18.74% |
76 |
4.7015 |
1.876359 |
|
40,000,001 to 55,000,000 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
2.01 to 2.20 |
5 |
89,769,117.58 |
11.55% |
63 |
4.9701 |
2.128505 |
|
|
55,000,001 or greater |
1 |
65,000,000.00 |
8.36% |
78 |
4.8500 |
1.210000 |
2.21 or greater |
7 |
52,361,541.45 |
6.74% |
73 |
5.1465 |
2.653911 |
|
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
(1) |
Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is |
|||||||||||||
|
used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information. |
|
|
|
|
|||||||||
(2) |
Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date. |
|
|
|
|
|
||||||||
(3) |
Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the |
|||||||||||||
|
CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split |
|||||||||||||
|
loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the |
|||||||||||||
|
balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure. |
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 8 of 27 |
|
|
|
Current Mortgage Loan and Property Stratification |
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|
|
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|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
|
|||||||||||||
|
|
|
State³ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property Type³ |
|
|
|
|
|
|||||||||||||
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
|
|
State |
|
|
|
WAM² |
WAC |
|
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Property Type |
|
|
|
WAM² |
WAC |
|
|
|
|
|
|
|
|
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
|||||||||||||
Defeased |
2 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Defeased |
2 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
Arizona |
2 |
7,422,623.71 |
0.95% |
78 |
5.4913 |
1.617330 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial |
3 |
44,770,000.00 |
5.76% |
73 |
4.7470 |
2.131244 |
Arkansas |
2 |
8,114,329.40 |
1.04% |
47 |
5.5654 |
1.883801 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lodging |
24 |
146,812,101.76 |
18.89% |
69 |
5.2043 |
0.781653 |
California |
5 |
46,621,950.23 |
6.00% |
78 |
5.0184 |
0.974922 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mixed Use |
10 |
25,834,133.59 |
3.32% |
78 |
5.3181 |
1.800566 |
Connecticut |
2 |
17,384,416.21 |
2.24% |
78 |
5.1098 |
1.299093 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Multi-Family |
23 |
78,734,487.99 |
10.13% |
78 |
5.2723 |
1.422641 |
Florida |
1 |
60,000,000.00 |
7.72% |
73 |
4.1212 |
1.840000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Office |
31 |
236,515,117.85 |
30.43% |
78 |
5.2373 |
1.464479 |
Georgia |
11 |
55,567,256.87 |
7.15% |
72 |
5.3457 |
0.838024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail |
16 |
191,348,186.36 |
24.62% |
76 |
4.7614 |
1.832166 |
Illinois |
27 |
37,895,215.89 |
4.88% |
72 |
5.1815 |
1.827417 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Self Storage |
5 |
16,604,450.24 |
2.14% |
78 |
5.1540 |
1.977287 |
Indiana |
5 |
22,154,450.24 |
2.85% |
77 |
5.8042 |
0.987805 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals |
114 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
Louisiana |
1 |
2,661,352.04 |
0.34% |
78 |
5.2950 |
0.980000 |
|
|
|
|
|
|
|
|
|||||||||||||
Michigan |
2 |
68,306,618.31 |
8.79% |
78 |
4.8496 |
2.415940 |
|
|
|
|
|
|
|
|
|||||||||||||
Missouri |
2 |
20,689,283.47 |
2.66% |
78 |
5.0042 |
1.356668 |
|
|
|
|
|
|
|
|
|||||||||||||
Nevada |
1 |
21,300,000.00 |
2.74% |
78 |
5.2400 |
1.820000 |
|
|
|
|
|
|
|
|
|||||||||||||
New Jersey |
1 |
14,900,000.00 |
1.92% |
78 |
5.5230 |
1.420000 |
|
|
|
|
|
|
|
|
|||||||||||||
New York |
3 |
40,000,000.00 |
5.15% |
78 |
5.6150 |
1.140000 |
|
|
|
|
|
|
|
|
|||||||||||||
North Carolina |
2 |
34,346,149.64 |
4.42% |
78 |
5.7404 |
1.063376 |
|
|
|
|
|
|
|
|
|||||||||||||
Ohio |
8 |
13,099,604.09 |
1.69% |
18 |
5.2710 |
2.110000 |
|
|
|
|
|
|
|
|
|||||||||||||
Tennessee |
3 |
70,316,676.68 |
9.05% |
77 |
5.0804 |
1.182592 |
|
|
|
|
|
|
|
|
|||||||||||||
Texas |
27 |
80,331,618.56 |
10.33% |
77 |
5.0770 |
1.520825 |
|
|
|
|
|
|
|
|
|||||||||||||
Utah |
1 |
5,759,053.76 |
0.74% |
76 |
4.9200 |
2.720000 |
|
|
|
|
|
|
|
|
|||||||||||||
Virginia |
2 |
26,097,879.69 |
3.36% |
78 |
5.0049 |
2.010253 |
|
|
|
|
|
|
|
|
|||||||||||||
Washington |
2 |
67,650,000.00 |
8.70% |
78 |
4.8735 |
1.250739 |
|
|
|
|
|
|
|
|
|||||||||||||
Washington, DC |
2 |
19,999,999.00 |
2.57% |
77 |
4.9575 |
1.580000 |
|
|
|
|
|
|
|
|
|||||||||||||
Totals |
114 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
|
|
|
|
|
|
|
|
|||||||||||||
|
|||||||||||||
Note: Please refer to footnotes on the next page of the report. |
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|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 9 of 27 |
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|
|
Current Mortgage Loan and Property Stratification |
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|
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|
||||||||||||||
|
|
|
Note Rate |
|
|
|
|
|
Seasoning |
|
|
|
||
|
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
Note Rate |
|
|
|
WAM² |
WAC |
|
Seasoning |
|
|
|
WAM² |
WAC |
|
|
|
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
|
4.4999% or less |
2 |
60,000,000.00 |
7.72% |
73 |
4.1212 |
1.840000 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
4.5000% to 4.9999% |
12 |
204,105,331.90 |
26.26% |
78 |
4.8490 |
1.472746 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
5.0000% or greater |
37 |
476,513,146.91 |
61.30% |
74 |
5.3041 |
1.442748 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
37 months to 48 months |
51 |
740,618,478.81 |
95.28% |
75 |
5.0829 |
1.483198 |
|
|
|
|
|
|
|
|
49 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
(1) |
Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document |
|||||||||||||
|
is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information. |
|
|
|
|
|||||||||
(2) |
Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date. |
|
|
|
|
|
||||||||
(3) |
Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the |
|||||||||||||
|
CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split |
|||||||||||||
|
loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the |
|||||||||||||
|
balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure. |
|
|
|
|
|
|
|
|
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|
||||||||||||||
|
||||||||||||||
|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 10 of 27 |
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Current Mortgage Loan and Property Stratification |
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||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
|
Anticipated Remaining Term (ARD and Balloon Loans) |
|
|
|
Remaining Amortization Term (ARD and Balloon Loans) |
|
|
||||||
|
Anticipated |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Remaining |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
|
WAM² |
WAC |
|
|
Remaining Term |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Amortization Term |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
|
60 months or less |
2 |
25,877,751.88 |
3.33% |
18 |
5.3612 |
2.130597 |
Interest Only |
18 |
365,819,999.00 |
47.06% |
76 |
4.8960 |
1.514276 |
|
61 months or greater |
49 |
714,740,726.93 |
91.95% |
77 |
5.0728 |
1.459758 |
300 months or less |
2 |
22,364,082.64 |
2.88% |
78 |
5.4117 |
0.967295 |
|
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
357 months or greater |
31 |
352,434,397.17 |
45.34% |
74 |
5.2559 |
1.483677 |
|
|
|
|
|
|
|
|
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
(1) |
Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document |
|||||||||||||
|
is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information. |
|
|
|
|
|||||||||
(2) |
Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date. |
|
|
|
|
|
||||||||
(3) |
Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the |
|||||||||||||
|
CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split |
|||||||||||||
|
loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the |
|||||||||||||
|
balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure. |
|
|
|
|
|
|
|
|
|||||
|
||||||||||||||
|
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|
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© 2021 Computershare. All rights reserved. Confidential. |
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Page 11 of 27 |
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|
Current Mortgage Loan and Property Stratification |
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|
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|
||||||||||||
|
||||||||||||
|
|
|
Age of Most Recent NOI |
|
|
|
|
Remaining Stated Term (Fully Amortizing Loans) |
|
|||
|
Age of Most |
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
|
|
|
|
|
WAM² |
WAC |
|
|
|
|
WAM² |
WAC |
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|
Defeased |
3 |
36,709,642.28 |
4.72% |
65 |
5.3437 |
NAP |
|
|
|
None |
|
Underwriter's Information |
5 |
89,981,918.88 |
11.58% |
63 |
5.0795 |
1.819546 |
|
|
|
|
|
|
|
12 months or less |
40 |
544,801,655.59 |
70.09% |
77 |
4.9803 |
1.499624 |
|
|
|
|
|
|
13 months to 24 months |
6 |
105,834,904.34 |
13.62% |
78 |
5.6139 |
1.112677 |
|
|
|
|
|
|
25 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
Totals |
54 |
777,328,121.09 |
100.00% |
75 |
5.0952 |
1.498506 |
|
|
|
|
|
(1) |
Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document |
|||||||||||
|
is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information. |
|
||||||||||
(2) |
Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date. |
|
|
|
||||||||
(3) |
Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the |
|||||||||||
|
CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split |
|||||||||||
|
loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the |
|||||||||||
|
balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure. |
|
|
|
|
|
|
|||||
|
||||||||||||
|
||||||||||||
|
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|
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© 2021 Computershare. All rights reserved. Confidential. |
|
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|
Page 12 of 27 |
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|
|
Mortgage Loan Detail (Part 1) |
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|
|
|
|
|
|||||
|
||||||||||||||||
|
|
Prop |
|
|
|
|
|
|
|
|
Original Adjusted |
Beginning |
Ending |
Paid |
|
|
|
|
Type |
|
|
Interest |
|
Scheduled |
Scheduled |
Principal |
Anticipated Maturity Maturity |
Scheduled |
Scheduled |
Through |
|
||
Pros ID |
Loan ID |
(1) |
City |
State Accrual Type Gross Rate |
Interest |
Principal |
Adjustments Repay Date Date |
Date |
Balance |
Balance |
Date |
|
||||
1 |
30315402 |
OF |
Kirkland |
WA |
Actual/360 |
4.850% |
271,465.28 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
65,000,000.00 |
65,000,000.00 |
06/01/22 |
|
2A2C3 |
30315403 |
RT |
Aventura |
FL |
Actual/360 |
4.121% |
141,954.17 |
0.00 |
0.00 |
N/A |
07/01/28 |
-- |
40,000,000.00 |
40,000,000.00 |
06/01/22 |
|
2A2C5 |
30315404 |
|
|
|
Actual/360 |
4.121% |
70,977.08 |
0.00 |
0.00 |
N/A |
07/01/28 |
-- |
20,000,000.00 |
20,000,000.00 |
06/01/22 |
|
3A3 |
30315405 |
LO |
Nashville |
TN |
Actual/360 |
5.035% |
108,392.36 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
25,000,000.00 |
25,000,000.00 |
06/06/22 |
|
3A4 |
30315406 |
|
|
|
Actual/360 |
5.035% |
108,392.36 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
25,000,000.00 |
25,000,000.00 |
06/06/22 |
|
4 |
30315407 |
IN |
Romulus |
MI |
Actual/360 |
4.630% |
159,477.78 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
40,000,000.00 |
40,000,000.00 |
06/01/22 |
|
5A1 |
30315409 |
Various Various |
NY |
Actual/360 |
5.615% |
120,878.47 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
25,000,000.00 |
25,000,000.00 |
06/06/22 |
|
|
5A2 |
30315457 |
|
|
|
Actual/360 |
5.615% |
72,527.08 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
15,000,000.00 |
15,000,000.00 |
06/06/22 |
|
6 |
30315410 |
OF |
Greensboro |
NC |
Actual/360 |
5.771% |
149,644.07 |
34,601.82 |
0.00 |
N/A |
12/06/28 |
-- |
30,112,669.50 |
30,078,067.68 |
09/06/20 |
|
7 |
30315411 |
IN |
Groveport |
OH |
Actual/360 |
5.220% |
130,733.23 |
30,243.28 |
0.00 |
N/A |
12/06/28 |
-- |
29,084,144.68 |
29,053,901.40 |
06/06/22 |
|
8 |
30315412 |
OF |
Troy |
MI |
Actual/360 |
5.160% |
125,908.53 |
29,884.58 |
0.00 |
N/A |
12/06/28 |
-- |
28,336,502.89 |
28,306,618.31 |
06/06/22 |
|
9 |
30315413 |
LO |
Various |
Various |
Actual/360 |
5.271% |
98,949.06 |
22,397.14 |
0.00 |
12/01/23 |
06/02/23 |
12/01/23 |
21,800,149.02 |
21,777,751.88 |
06/01/22 |
|
9A |
30508489 |
|
|
|
Actual/360 |
5.271% |
20,205.60 |
4,573.55 |
0.00 |
12/01/23 |
06/02/23 |
-- |
4,451,635.64 |
4,447,062.09 |
06/01/22 |
|
10 |
30315414 |
Various Various |
TX |
Actual/360 |
5.045% |
113,386.38 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
26,100,000.00 |
26,100,000.00 |
06/06/22 |
|
|
11 |
30315415 |
RT |
Alexandria |
VA |
Actual/360 |
5.004% |
103,330.96 |
32,385.65 |
0.00 |
N/A |
12/01/28 |
-- |
23,980,265.34 |
23,947,879.69 |
06/01/22 |
|
12 |
30315416 |
RT |
Various |
TX |
Actual/360 |
5.010% |
91,858.80 |
29,063.61 |
0.00 |
N/A |
10/06/28 |
-- |
21,292,361.23 |
21,263,297.62 |
06/06/22 |
|
13 |
30315417 |
MF |
LasVegas |
NV |
Actual/360 |
5.240% |
96,110.33 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
21,300,000.00 |
21,300,000.00 |
06/01/22 |
|
14 |
30315418 |
RT |
Washington |
DC |
Actual/360 |
4.957% |
85,379.16 |
0.00 |
0.00 |
N/A |
11/06/28 |
-- |
19,999,999.00 |
19,999,999.00 |
05/06/22 |
|
15 |
30315419 |
RT |
Alcoa |
TN |
Actual/360 |
5.200% |
86,819.63 |
20,256.99 |
0.00 |
N/A |
12/06/28 |
-- |
19,388,998.98 |
19,368,741.99 |
06/06/22 |
|
16 |
30315420 |
Various Chicago |
IL |
Actual/360 |
4.990% |
81,405.61 |
0.00 |
0.00 |
N/A |
11/06/28 |
-- |
18,945,000.00 |
18,945,000.00 |
06/06/22 |
|
|
17 |
30315421 |
LO |
Various |
GA |
Actual/360 |
5.500% |
74,874.78 |
29,213.05 |
0.00 |
N/A |
12/06/28 |
-- |
15,809,338.11 |
15,780,125.06 |
06/06/22 |
|
18 |
30315422 |
MF |
Indianapolis |
IN |
Actual/360 |
5.980% |
82,391.11 |
0.00 |
0.00 |
N/A |
11/06/28 |
-- |
16,000,000.00 |
16,000,000.00 |
05/06/22 |
|
19 |
30315424 |
OF |
Bridgewater |
NJ |
Actual/360 |
5.523% |
70,863.16 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
14,900,000.00 |
14,900,000.00 |
06/06/22 |
|
20 |
30315425 |
OF |
Greenwich |
CT |
Actual/360 |
5.140% |
62,037.23 |
18,410.79 |
0.00 |
N/A |
12/01/28 |
-- |
14,016,193.69 |
13,997,782.90 |
06/01/22 |
|
21 |
30315426 |
RT |
Stockton |
CA |
Actual/360 |
5.170% |
58,778.63 |
14,920.07 |
0.00 |
N/A |
12/01/28 |
-- |
13,202,912.72 |
13,187,992.65 |
06/01/22 |
|
22 |
30315427 |
LO |
LosAngeles |
CA |
Actual/360 |
4.893% |
56,038.44 |
0.00 |
0.00 |
N/A |
01/01/29 |
-- |
13,300,000.00 |
13,300,000.00 |
06/01/22 |
|
23 |
30315428 |
LO |
Atlanta |
GA |
Actual/360 |
5.343% |
57,606.12 |
15,767.98 |
0.00 |
N/A |
12/06/28 |
-- |
12,520,574.37 |
12,504,806.39 |
06/06/22 |
|
24 |
30315429 |
MF |
KansasCity |
MO |
Actual/360 |
5.020% |
54,034.72 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
12,500,000.00 |
12,500,000.00 |
06/01/22 |
|
|
||||||||||||||||
|
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|
||||||||||||||||
|
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© 2021 Computershare. All rights reserved. Confidential. |
|
|
|
|
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|
Page 13 of 27 |
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|
|
|
Mortgage Loan Detail (Part 1) |
|
|
|
|
|
|
|||||
|
||||||||||||||||
|
|
Prop |
|
|
|
|
|
|
|
|
Original Adjusted |
Beginning |
Ending |
Paid |
|
|
|
|
Type |
|
|
Interest |
|
Scheduled |
Scheduled |
Principal |
Anticipated Maturity Maturity |
Scheduled |
Scheduled |
Through |
|
||
Pros ID |
Loan ID |
(1) |
City |
State Accrual Type Gross Rate |
Interest |
Principal |
Adjustments Repay Date Date |
Date |
Balance |
Balance |
Date |
|
||||
25 |
30315430 |
RT |
Houston |
TX |
Actual/360 |
4.847% |
47,894.42 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
11,475,000.00 |
11,475,000.00 |
06/06/22 |
|
26 |
30315431 |
LO |
Atlanta |
GA |
Actual/360 |
5.343% |
49,063.77 |
13,429.76 |
0.00 |
N/A |
12/06/28 |
-- |
10,663,911.30 |
10,650,481.54 |
06/06/22 |
|
27 |
30315432 |
LO |
Houston |
TX |
Actual/360 |
5.180% |
43,732.97 |
11,054.63 |
0.00 |
N/A |
12/01/28 |
-- |
9,804,376.59 |
9,793,321.96 |
06/01/22 |
|
28 |
30315433 |
MU |
Chicago |
IL |
Actual/360 |
5.240% |
41,963.67 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
9,300,000.00 |
9,300,000.00 |
06/01/22 |
|
30 |
30315435 |
MF |
KansasCity |
MO |
Actual/360 |
4.980% |
35,162.82 |
10,363.18 |
0.00 |
N/A |
12/01/28 |
-- |
8,199,646.65 |
8,189,283.47 |
06/01/22 |
|
31 |
30315436 |
RT |
Centerville |
UT |
Actual/360 |
4.920% |
24,433.15 |
8,015.37 |
0.00 |
N/A |
10/01/28 |
-- |
5,767,069.13 |
5,759,053.76 |
06/01/22 |
|
32 |
30315437 |
Various Various |
Various |
Actual/360 |
5.030% |
8,222.79 |
2,550.34 |
0.00 |
N/A |
12/01/28 |
-- |
1,898,419.72 |
1,895,869.38 |
06/01/22 |
|
|
33 |
30315438 |
OF |
LosAngeles |
CA |
Actual/360 |
4.850% |
31,322.92 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
7,500,000.00 |
7,500,000.00 |
06/01/22 |
|
34 |
30315439 |
RT |
SantaAna |
CA |
Actual/360 |
5.200% |
29,570.51 |
19,879.46 |
0.00 |
N/A |
12/01/28 |
-- |
6,603,837.04 |
6,583,957.58 |
06/01/22 |
|
35 |
30315440 |
LO |
Lubbock |
TX |
Actual/360 |
5.578% |
35,063.93 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
7,300,000.00 |
7,300,000.00 |
05/01/22 |
|
36 |
30315441 |
MU |
Chicago |
IL |
Actual/360 |
5.615% |
31,186.65 |
0.00 |
0.00 |
N/A |
11/01/28 |
-- |
6,450,000.00 |
6,450,000.00 |
06/01/22 |
|
37 |
30315442 |
SS |
Various |
IN |
Actual/360 |
5.347% |
28,368.11 |
6,688.54 |
0.00 |
N/A |
12/06/28 |
-- |
6,161,138.78 |
6,154,450.24 |
06/06/22 |
|
38 |
30315443 |
SS |
SantaRosa |
CA |
Actual/360 |
4.975% |
25,918.37 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
6,050,000.00 |
6,050,000.00 |
06/01/22 |
|
39 |
30315444 |
LO |
Alpharetta |
GA |
Actual/360 |
5.343% |
26,284.16 |
7,194.52 |
0.00 |
N/A |
12/06/28 |
-- |
5,712,809.45 |
5,705,614.93 |
06/06/22 |
|
40 |
30315445 |
MF |
Smyrna |
GA |
Actual/360 |
4.980% |
19,325.28 |
6,115.72 |
0.00 |
N/A |
12/01/28 |
-- |
4,506,478.08 |
4,500,362.36 |
06/01/22 |
|
41 |
30315446 |
SS |
CollegeStation |
TX |
Actual/360 |
5.130% |
19,437.00 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
4,400,000.00 |
4,400,000.00 |
06/06/22 |
|
42 |
30315447 |
OF |
WinstonSalem |
NC |
Actual/360 |
5.525% |
20,325.77 |
4,156.65 |
0.00 |
N/A |
11/06/28 |
-- |
4,272,238.61 |
4,268,081.96 |
06/06/22 |
|
43 |
30315448 |
MU |
Phoenix |
AZ |
Actual/360 |
5.418% |
19,720.21 |
4,192.62 |
0.00 |
N/A |
12/06/28 |
-- |
4,226,816.33 |
4,222,623.71 |
06/06/22 |
|
44 |
30315449 |
RT |
Paragould |
AR |
Actual/360 |
5.285% |
18,292.57 |
5,157.43 |
0.00 |
N/A |
11/01/28 |
-- |
4,019,486.83 |
4,014,329.40 |
06/01/22 |
|
45 |
30315450 |
IN |
Harrison |
AR |
Actual/360 |
5.840% |
20,618.44 |
0.00 |
0.00 |
N/A |
12/06/23 |
-- |
4,100,000.00 |
4,100,000.00 |
06/06/22 |
|
46 |
30315451 |
OF |
Norwalk |
CT |
Actual/360 |
4.985% |
14,555.97 |
4,281.10 |
0.00 |
N/A |
12/01/28 |
-- |
3,390,914.41 |
3,386,633.31 |
06/01/22 |
|
47 |
30315452 |
SS |
GrandJunction |
CO |
Actual/360 |
6.565% |
18,152.68 |
2,369.57 |
0.00 |
N/A |
12/06/23 |
-- |
3,211,048.36 |
3,208,678.79 |
06/06/22 |
|
48 |
30315453 |
OF |
Phoenix |
AZ |
Actual/360 |
5.588% |
15,398.04 |
0.00 |
0.00 |
N/A |
12/06/28 |
-- |
3,200,000.00 |
3,200,000.00 |
06/06/22 |
|
49 |
30315454 |
MF |
NewOrleans |
LA |
Actual/360 |
5.295% |
12,150.11 |
3,389.73 |
0.00 |
N/A |
12/01/28 |
-- |
2,664,741.77 |
2,661,352.04 |
06/01/22 |
|
50 |
30315455 |
RT |
Puyallup |
WA |
Actual/360 |
5.450% |
12,436.60 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
2,650,000.00 |
2,650,000.00 |
06/01/22 |
|
51 |
30315456 |
RT |
Manassas |
VA |
Actual/360 |
5.015% |
9,284.72 |
0.00 |
0.00 |
N/A |
12/01/28 |
-- |
2,150,000.00 |
2,150,000.00 |
06/01/22 |
|
Totals |
|
|
|
|
|
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3,412,305.76 |
390,557.13 |
0.00 |
|
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|
777,718,678.22 |
777,328,121.09 |
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1 Property Type Codes |
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HC - Health Care |
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MU - Mixed Use |
WH - Warehouse |
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MF - Multi-Family |
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SS - Self Storage |
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LO - Lodging |
RT - Retail |
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SF - Single Family Rental |
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98 - Other |
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IN - Industrial |
OF - Office |
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MH - Mobile Home Park |
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SE - Securities |
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CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
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Page 14 of 27 |
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Mortgage Loan Detail (Part 2) |
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Most Recent Most Recent Appraisal |
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Cumulative |
Current |
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Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
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Pros ID |
Fiscal NOI |
NOI |