COMM 2014-UBS5 Mortgage Trust
08/22/2024 | Press release | Distributed by Public on 08/22/2024 12:14
Asset Backed Issuer Distribution Report Form 10 D
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Distribution Date: |
08/12/24 |
COMM 2014-UBS5 Mortgage Trust |
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Determination Date: |
08/06/24 |
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Next Distribution Date: |
09/12/24 |
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Record Date: |
07/31/24 |
Commercial Mortgage Pass-Through Certificates |
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Series 2014-UBS5 |
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Table of Contents |
Contacts |
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Section |
Pages |
Role |
Party and Contact Information |
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Certificate Distribution Detail |
2 |
Depositor |
Deutsche Mortgage & Asset Receiving Corporation |
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Certificate Factor Detail |
3 |
Lainie Kaye |
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Certificate Interest Reconciliation Detail |
4 |
1 Columbus Circle | New York, NY 10019 | United States |
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Master Servicer |
Wells Fargo Bank, National Association |
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Exchangeable Certificate Detail |
5 |
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Investor Relations |
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Exchangeable Certificate Factor Detail |
6 |
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Three Wells Fargo, MAC D1050-084, 401 S. Tryon Street, 8th Floor | Charlotte, NC 28202 | United States |
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Additional Information |
7 |
Special Servicer |
Rialto Capital Advisors, LLC |
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Bond / Collateral Reconciliation - Cash Flows |
8 |
General |
(305) 229-6465 |
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Bond / Collateral Reconciliation - Balances |
9 |
200 S. Biscayne Blvd., Suite 3550 | Miami, FL 33131 | United States |
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Current Mortgage Loan and Property Stratification |
10-14 |
Operating Advisor |
Park Bridge Lender Services LLC |
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Mortgage Loan Detail (Part 1) |
15-16 |
David Rodgers |
(212) 230-9025 |
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Mortgage Loan Detail (Part 2) |
17-18 |
600 Third Avenue, 40th Floor | New York, NY 10016 | United States |
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Principal Prepayment Detail |
19 |
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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Bank, N.A. |
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Historical Detail |
20 |
Corporate Trust Services (CMBS) |
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Delinquency Loan Detail |
21 |
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9062 Old Annapolis Road | Columbia, MD 21045 | United States |
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Collateral Stratification and Historical Detail |
22 |
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Trustee |
Wilmington Trust, National Association |
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Specially Serviced Loan Detail - Part 1 |
23 |
Attention: CMBS Trustee |
(302) 636-4140 |
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Specially Serviced Loan Detail - Part 2 |
24 |
1100 North Market Street | Wilmington, DE 19890 | United States |
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Modified Loan Detail |
25 |
Controlling Class |
CMBS Investment Holdings |
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Historical Liquidated Loan Detail |
26 |
Representative |
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- |
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Historical Bond / Collateral Loss Reconciliation Detail |
27 |
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Interest Shortfall Detail - Collateral Level |
28 |
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Supplemental Notes |
29 |
This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
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© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 29 |
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Certificate Distribution Detail |
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Current |
Original |
|||||||||||
|
Pass-Through |
Principal |
Interest |
Prepayment |
Credit |
Credit |
|||||||
|
Class |
CUSIP |
Rate (2) |
Original Balance Beginning Balance |
Distribution |
Distribution |
Penalties |
Realized Losses Total Distribution Ending Balance |
Support¹ Support¹ |
||||
|
A-1 |
12592KAY0 |
1.373000% |
45,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-2 |
12592KAZ7 |
3.031000% |
253,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-SB |
12592KBA1 |
3.548000% |
78,700,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-3 |
12592KBB9 |
3.565000% |
260,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-4 |
12592KBC7 |
3.838000% |
354,751,000.00 |
271,577,433.49 |
55,462,275.74 |
868,595.16 |
0.00 |
0.00 |
56,330,870.90 |
216,115,157.75 |
63.40% |
30.00% |
|
A-M |
12592KBE3 |
4.193000% |
100,916,000.00 |
100,916,000.00 |
0.00 |
352,617.32 |
0.00 |
0.00 |
352,617.32 |
100,916,000.00 |
46.30% |
22.88% |
|
B |
12592KBF0 |
4.514000% |
63,736,000.00 |
63,736,000.00 |
0.00 |
239,753.59 |
0.00 |
0.00 |
239,753.59 |
63,736,000.00 |
35.51% |
18.38% |
|
C |
12592KBH6 |
4.757613% |
53,113,000.00 |
53,113,000.00 |
0.00 |
210,575.91 |
0.00 |
0.00 |
210,575.91 |
53,113,000.00 |
26.51% |
14.63% |
|
D |
12592KAG9 |
3.495000% |
104,216,000.00 |
104,216,000.00 |
0.00 |
289,735.11 |
0.00 |
0.00 |
289,735.11 |
104,216,000.00 |
8.86% |
7.27% |
|
E* |
12592KAJ3 |
3.495000% |
36,301,000.00 |
36,301,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
36,301,000.00 |
2.71% |
4.70% |
|
F |
12592KAL8 |
3.495000% |
22,365,000.00 |
16,008,595.22 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
16,008,595.22 |
0.00% |
3.13% |
|
G |
12592KAN4 |
3.495000% |
44,261,324.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
V |
12592KAQ7 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
R |
12592KAU8 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
LR |
12592KAW4 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
Regular SubTotal |
1,416,359,327.00 |
645,868,028.71 |
55,462,275.74 |
1,961,277.09 |
0.00 |
0.00 |
57,423,552.83 |
590,405,752.97 |
||||
|
X-A |
12592KBD5 |
0.823436% |
1,092,367,000.00 |
372,493,433.49 |
0.00 |
255,603.84 |
0.00 |
0.00 |
255,603.84 |
317,031,157.75 |
||
|
X-B-1 |
12592KAA2 |
0.243613% |
63,736,000.00 |
63,736,000.00 |
0.00 |
12,939.10 |
0.00 |
0.00 |
12,939.10 |
63,736,000.00 |
||
|
X-B-2 |
12592KBJ2 |
0.836365% |
157,329,000.00 |
157,329,000.00 |
0.00 |
109,653.73 |
0.00 |
0.00 |
109,653.73 |
157,329,000.00 |
||
|
X-C |
12592KAC8 |
1.262613% |
36,301,000.00 |
36,301,000.00 |
0.00 |
38,195.09 |
0.00 |
0.00 |
38,195.09 |
36,301,000.00 |
||
|
X-D |
12592KAE4 |
1.262613% |
66,626,324.00 |
16,008,595.22 |
0.00 |
16,843.88 |
0.00 |
0.00 |
16,843.88 |
16,008,595.22 |
||
|
Notional SubTotal |
1,416,359,324.00 |
645,868,028.71 |
0.00 |
433,235.64 |
0.00 |
0.00 |
433,235.64 |
590,405,752.97 |
||||
|
Deal Distribution Total |
55,462,275.74 |
2,394,512.73 |
0.00 |
0.00 |
57,856,788.47 |
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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. |
Page 2 of 29 |
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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 |
||||||||||
|
A-1 |
12592KAY0 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
12592KAZ7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-SB |
12592KBA1 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-3 |
12592KBB9 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-4 |
12592KBC7 |
765.54381380 |
156.34142184 |
2.44846430 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
158.78988615 |
609.20239196 |
|
A-M |
12592KBE3 |
1,000.00000000 |
0.00000000 |
3.49416663 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.49416663 |
1,000.00000000 |
|
B |
12592KBF0 |
1,000.00000000 |
0.00000000 |
3.76166672 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.76166672 |
1,000.00000000 |
|
C |
12592KBH6 |
1,000.00000000 |
0.00000000 |
3.96467739 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.96467739 |
1,000.00000000 |
|
D |
12592KAG9 |
1,000.00000000 |
0.00000000 |
2.78014038 |
0.13235962 |
0.13235962 |
0.00000000 |
0.00000000 |
2.78014038 |
1,000.00000000 |
|
E |
12592KAJ3 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.91249993 |
11.42572601 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
F |
12592KAL8 |
715.78784798 |
0.00000000 |
0.00000000 |
2.08473195 |
85.50931053 |
0.00000000 |
0.00000000 |
0.00000000 |
715.78784798 |
|
G |
12592KAN4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
94.04564920 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V |
12592KAQ7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
12592KAU8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
LR |
12592KAW4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
Notional Certificates |
||||||||||
|
X-A |
12592KBD5 |
340.99660049 |
0.00000000 |
0.23399081 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.23399081 |
290.22403437 |
|
X-B-1 |
12592KAA2 |
1,000.00000000 |
0.00000000 |
0.20301086 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.20301086 |
1,000.00000000 |
|
X-B-2 |
12592KBJ2 |
1,000.00000000 |
0.00000000 |
0.69697087 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.69697087 |
1,000.00000000 |
|
X-C |
12592KAC8 |
1,000.00000000 |
0.00000000 |
1.05217735 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.05217735 |
1,000.00000000 |
|
X-D |
12592KAE4 |
240.27432791 |
0.00000000 |
0.25281119 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.25281119 |
240.27432791 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 3 of 29 |
|
Certificate Interest Reconciliation Detail |
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Additional |
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|
Accrued |
Net Aggregate |
Distributable |
Interest |
Interest |
||||||||
|
Accrual |
Prior Interest |
Certificate |
Prepayment |
Certificate |
Shortfalls / |
Payback of Prior |
Distribution |
Interest |
Cumulative |
|||
|
Class |
Accrual Period |
Days |
Shortfalls |
Interest |
Interest Shortfall |
Interest |
(Paybacks) |
Realized Losses |
Amount |
Distribution |
Interest Shortfalls |
|
|
A-1 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-2 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-SB |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-3 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-4 |
07/01/24 - 07/30/24 |
30 |
0.00 |
868,595.16 |
0.00 |
868,595.16 |
0.00 |
0.00 |
0.00 |
868,595.16 |
0.00 |
|
|
X-A |
07/01/24 - 07/30/24 |
30 |
0.00 |
255,603.84 |
0.00 |
255,603.84 |
0.00 |
0.00 |
0.00 |
255,603.84 |
0.00 |
|
|
A-M |
07/01/24 - 07/30/24 |
30 |
0.00 |
352,617.32 |
0.00 |
352,617.32 |
0.00 |
0.00 |
0.00 |
352,617.32 |
0.00 |
|
|
B |
07/01/24 - 07/30/24 |
30 |
0.00 |
239,753.59 |
0.00 |
239,753.59 |
0.00 |
0.00 |
0.00 |
239,753.59 |
0.00 |
|
|
C |
07/01/24 - 07/30/24 |
30 |
0.00 |
210,575.91 |
0.00 |
210,575.91 |
0.00 |
0.00 |
0.00 |
210,575.91 |
0.00 |
|
|
X-B-1 |
07/01/24 - 07/30/24 |
30 |
0.00 |
12,939.10 |
0.00 |
12,939.10 |
0.00 |
0.00 |
0.00 |
12,939.10 |
0.00 |
|
|
X-B-2 |
07/01/24 - 07/30/24 |
30 |
0.00 |
109,653.73 |
0.00 |
109,653.73 |
0.00 |
0.00 |
0.00 |
109,653.73 |
0.00 |
|
|
X-C |
07/01/24 - 07/30/24 |
30 |
0.00 |
38,195.09 |
0.00 |
38,195.09 |
0.00 |
0.00 |
0.00 |
38,195.09 |
0.00 |
|
|
X-D |
07/01/24 - 07/30/24 |
30 |
0.00 |
16,843.88 |
0.00 |
16,843.88 |
0.00 |
0.00 |
0.00 |
16,843.88 |
0.00 |
|
|
D |
07/01/24 - 07/30/24 |
30 |
0.00 |
303,529.10 |
0.00 |
303,529.10 |
13,793.99 |
0.00 |
0.00 |
289,735.11 |
13,793.99 |
|
|
E |
07/01/24 - 07/30/24 |
30 |
309,038.62 |
105,726.66 |
0.00 |
105,726.66 |
105,726.66 |
0.00 |
0.00 |
0.00 |
414,765.28 |
|
|
F |
07/01/24 - 07/30/24 |
30 |
1,865,790.70 |
46,625.03 |
0.00 |
46,625.03 |
46,625.03 |
0.00 |
0.00 |
0.00 |
1,912,415.73 |
|
|
G |
N/A |
N/A |
4,162,584.95 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
4,162,584.95 |
|
|
V |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
Totals |
6,337,414.27 |
2,560,658.41 |
0.00 |
2,560,658.41 |
166,145.68 |
0.00 |
0.00 |
2,394,512.73 |
6,503,559.95 |
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 4 of 29 |
|
Exchangeable Certificate Detail |
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|
Pass-Through |
Maximum Initial |
Prepayment |
||||||||||
|
Class |
CUSIP |
Rate |
Balance |
Beginning Balance Principal Distribution Interest Distribution |
Penalties |
Losses |
Total Distribution |
Ending Balance |
||||
|
Regular Interest |
||||||||||||
|
A-M (Cert) |
12592KBE3 |
4.193000% |
100,916,000.00 |
100,916,000.00 |
0.00 |
352,617.32 |
0.00 |
0.00 |
352,617.32 |
100,916,000.00 |
||
|
A-M (PEZ) |
NA |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
B (Cert) |
12592KBF0 |
4.514000% |
63,736,000.00 |
63,736,000.00 |
0.00 |
239,753.59 |
0.00 |
0.00 |
239,753.59 |
63,736,000.00 |
||
|
B (PEZ) |
NA |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
C (Cert) |
12592KBH6 |
4.757613% |
53,113,000.00 |
53,113,000.00 |
0.00 |
210,575.91 |
0.00 |
0.00 |
210,575.91 |
53,113,000.00 |
||
|
C (PEZ) |
NA |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
Regular Interest Total |
217,765,000.03 |
217,765,000.00 |
0.00 |
802,946.82 |
0.00 |
0.00 |
802,946.82 |
217,765,000.00 |
||||
|
Exchangeable Certificate Details |
||||||||||||
|
PEZ |
12592KBG8 |
N/A |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
Exchangeable Certificates Total |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 5 of 29 |
|
Exchangeable Certificate Factor Detail |
||||||||||
|
Cumulative |
||||||||||
|
Interest Shortfalls |
Interest |
|||||||||
|
Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
|
Regular Certificates |
||||||||||
|
PEZ |
12592KBG8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 6 of 29 |
|
Additional Information |
||
|
Total Available Distribution Amount (1) |
57,856,788.47 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 7 of 29 |
|
Bond / Collateral Reconciliation - Cash Flows |
|||
|
Total Funds Collected |
Total Funds Distributed |
||
|
Interest |
Fees |
||
|
Interest Paid or Advanced |
2,569,986.08 |
Master Servicing Fee |
6,319.67 |
|
Interest Reductions due to Nonrecoverability Determination |
(106,777.01) |
Certificate Administrator Fee |
1,569.73 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
210.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
278.08 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
723.01 |
|
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Asset Representations Reviewer Fee |
0.00 |
|
Extension Interest |
0.00 |
||
|
Interest Reserve Withdrawal |
0.00 |
||
|
Total Interest Collected |
2,463,209.07 |
Total Fees |
9,100.49 |
|
Principal |
Expenses/Reimbursements |
||
|
Scheduled Principal |
48,597,320.94 |
Reimbursement for Interest on Advances |
0.00 |
|
Unscheduled Principal Collections |
ASER Amount |
23,536.66 |
|
|
Principal Prepayments |
6,555,377.66 |
Special Servicing Fees (Monthly) |
35,883.62 |
|
Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
|
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
0.00 |
|
Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
|
Curtailments |
309,577.14 |
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 |
175.59 |
||
|
Total Principal Collected |
55,462,275.74 |
Total Expenses/Reimbursements |
59,595.87 |
|
Interest Reserve Deposit |
0.00 |
||
|
Other |
Payments to Certificateholders and Others |
||
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
2,394,512.73 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
55,462,275.74 |
|
Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
0.00 |
|
Borrower Option Extension Fees |
0.00 |
||
|
Total Other Collected |
0.00 |
Total Payments to Certificateholders and Others |
57,856,788.47 |
|
Total Funds Collected |
57,925,484.81 |
Total Funds Distributed |
57,925,484.83 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 8 of 29 |
|
Bond / Collateral Reconciliation - Balances |
|||||
|
Collateral Reconciliation |
Certificate Reconciliation |
||||
|
Total |
Total |
||||
|
Beginning Scheduled Collateral Balance |
645,868,028.71 |
645,868,028.71 |
Beginning Certificate Balance |
645,868,028.71 |
|
|
(-) Scheduled Principal Collections |
48,597,320.94 |
48,597,320.94 |
(-) Principal Distributions |
55,462,275.74 |
|
|
(-) Unscheduled Principal Collections |
6,864,954.80 |
6,864,954.80 |
(-) 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 |
590,405,752.97 |
590,405,752.97 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
648,787,395.97 |
648,787,395.97 |
Ending Certificate Balance |
590,405,752.97 |
|
|
Ending Actual Collateral Balance |
593,413,325.59 |
593,413,325.59 |
|||
|
NRA/WODRA Reconciliation |
Under / Over Collateralization Reconciliation |
||||
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
||||
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
0.00 |
||
|
Beginning Cumulative Advances |
0.00 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
0.00 |
|
|
Ending Cumulative Advances |
0.00 |
0.00 |
Net WAC Rate |
4.76% |
|
|
UC / (OC) Interest |
0.00 |
||||
|
(1) |
Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds. |
||||
|
(2) |
Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral. |
||||
|
** |
A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any. |
||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 9 of 29 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Scheduled Balance |
Debt Service Coverage Ratio¹ |
|||||||||||||
|
Scheduled |
# Of |
Scheduled |
% Of |
Weighted Avg |
Debt Service Coverage |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Balance |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Ratio |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
|
|
7,499,999 or less |
4 |
22,125,875.56 |
3.75% |
1 |
4.6242 |
1.403129 |
1.24 or less |
7 |
145,788,850.71 |
24.69% |
0 |
4.7076 |
0.823764 |
|
|
7,500,000 to 14,999,999 |
5 |
49,518,228.25 |
8.39% |
0 |
4.6698 |
1.733770 |
1.25 to 1.29 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
15,000,000 to 24,999,999 |
3 |
61,207,594.94 |
10.37% |
1 |
5.0723 |
1.190952 |
1.30 to 1.39 |
1 |
3,331,078.17 |
0.56% |
0 |
5.2000 |
1.363000 |
|
|
25,000,000 to 49,999,999 |
6 |
190,214,492.63 |
32.22% |
1 |
4.7183 |
1.397318 |
1.40 to 1.49 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
50,000,000 to 74,999,999 |
2 |
113,996,687.12 |
19.31% |
(1) |
4.5209 |
1.903518 |
1.50 to 1.74 |
3 |
43,754,112.22 |
7.41% |
1 |
4.6540 |
1.598516 |
|
|
75,000,000 or greater |
1 |
120,000,000.00 |
20.33% |
1 |
4.1250 |
3.788600 |
1.75 to 1.99 |
4 |
139,618,312.90 |
23.65% |
1 |
4.7744 |
1.828654 |
|
|
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
2.00 or greater |
6 |
224,570,524.50 |
38.04% |
0 |
4.3551 |
3.016067 |
|
|
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
||||||||
|
(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. |
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 10 of 29 |
|
Current Mortgage Loan and Property Stratification |
|||||||||||||
|
State³ |
|||||||||||||
|
Property Type³ |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
||||||||||
|
State |
WAM² |
WAC |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Properties |
Balance |
Agg. Bal. |
DSCR¹ |
Property Type |
WAM² |
WAC |
|||||||
|
Properties |
Balance |
Agg. Bal. |
DSCR¹ |
||||||||||
|
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
|||||||
|
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
|||||||
|
Alabama |
3 |
22,127,985.45 |
3.75% |
(1) |
4.8185 |
1.636436 |
|||||||
|
Industrial |
1 |
4,493,956.47 |
0.76% |
1 |
4.7100 |
2.131400 |
|||||||
|
California |
5 |
130,081,320.46 |
22.03% |
1 |
4.7307 |
1.611530 |
|||||||
|
Lodging |
3 |
172,079,488.79 |
29.15% |
1 |
4.3036 |
3.173843 |
|||||||
|
Colorado |
4 |
13,137,821.52 |
2.23% |
(1) |
4.5695 |
1.849349 |
|||||||
|
Office |
26 |
287,600,142.21 |
48.71% |
0 |
4.7298 |
1.612925 |
|||||||
|
Florida |
3 |
153,441,372.02 |
25.99% |
1 |
4.2668 |
3.376660 |
|||||||
|
Retail |
7 |
84,092,505.00 |
14.24% |
1 |
4.6410 |
1.074447 |
|||||||
|
Georgia |
4 |
46,252,538.55 |
7.83% |
0 |
4.4588 |
1.424284 |
|||||||
|
Self Storage |
1 |
8,796,786.02 |
1.49% |
0 |
4.5000 |
1.960800 |
|||||||
|
Michigan |
1 |
1,438,722.27 |
0.24% |
(4) |
4.6266 |
2.061900 |
|||||||
|
Totals |
42 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
|||||||
|
Mississippi |
1 |
2,825,000.00 |
0.48% |
(2) |
4.5100 |
2.310700 |
|||||||
|
Missouri |
1 |
4,691,045.35 |
0.79% |
(4) |
4.6266 |
2.061900 |
|||||||
|
Nebraska |
2 |
5,390,142.90 |
0.91% |
(4) |
4.6266 |
2.061900 |
|||||||
|
New Jersey |
2 |
69,019,991.36 |
11.69% |
1 |
4.9599 |
1.320145 |
|||||||
|
New York |
1 |
5,825,812.21 |
0.99% |
(4) |
4.6266 |
2.061900 |
|||||||
|
Ohio |
2 |
25,943,178.70 |
4.39% |
0 |
4.6117 |
1.661182 |
|||||||
|
Oklahoma |
1 |
4,711,309.08 |
0.80% |
(4) |
4.6266 |
2.061900 |
|||||||
|
Tennessee |
3 |
11,994,514.22 |
2.03% |
(3) |
4.5731 |
2.175985 |
|||||||
|
Texas |
1 |
26,382,787.90 |
4.47% |
(1) |
4.7000 |
0.556700 |
|||||||
|
Virginia |
2 |
16,182,902.75 |
2.74% |
(2) |
4.5578 |
2.006944 |
|||||||
|
Wisconsin |
2 |
17,616,433.75 |
2.98% |
1 |
4.5146 |
0.771572 |
|||||||
|
Totals |
42 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
|||||||
|
Note: Please refer to footnotes on the next page of the report. |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 11 of 29 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Note Rate |
Seasoning |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Note Rate |
WAM² |
WAC |
Seasoning |
WAM² |
WAC |
|||||||||
|
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||||
|
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
|
|
4.7499% or less |
14 |
422,172,833.20 |
71.51% |
0 |
4.4054 |
2.161224 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.7500% to 4.9999% |
4 |
68,987,542.18 |
11.68% |
1 |
4.8067 |
1.618715 |
13 to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
5.0000% or greater |
3 |
65,902,503.12 |
11.16% |
1 |
5.4695 |
1.564885 |
25 to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
37 to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
49 months or greater |
21 |
557,062,878.50 |
94.35% |
0 |
4.5810 |
2.023490 |
||||||||
|
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
||||||||
|
(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. |
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 12 of 29 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Anticipated Remaining Term (ARD and Balloon Loans) |
Remaining Amortization Term (ARD and Balloon Loans) |
|||||||||||||
|
Anticipated |
# Of |
Scheduled |
% Of |
Weighted Avg |
Remaining |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Remaining Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Amortization Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
|
|
60 months or less |
21 |
557,062,878.50 |
94.35% |
0 |
4.5810 |
2.023490 |
Interest Only |
1 |
120,000,000.00 |
20.33% |
1 |
4.1250 |
3.788600 |
|
|
61 to 118 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
359 months or less |
20 |
437,062,878.50 |
74.03% |
0 |
4.7061 |
1.538861 |
|
|
119 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
360 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
|
|
(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. |
||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 13 of 29 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||
|
Age of Most Recent NOI |
Remaining Stated Term (Fully Amortizing Loans) |
|||||||||||
|
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||
|
Defeased |
4 |
33,342,874.47 |
5.65% |
1 |
5.0160 |
NAP |
No outstanding loans in this group |
|||||
|
Underwriter's Information |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
||||||
|
1 to 2 years |
1 |
10,293,251.08 |
1.74% |
1 |
4.5890 |
0.802500 |
||||||
|
1 year or less |
19 |
520,386,839.52 |
88.14% |
0 |
4.5748 |
2.122005 |
||||||
|
2 years or greater |
1 |
26,382,787.90 |
4.47% |
(1) |
4.7000 |
0.556700 |
||||||
|
Totals |
25 |
590,405,752.97 |
100.00% |
0 |
4.6055 |
1.997414 |
||||||
|
(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. |
||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 14 of 29 |
|
Mortgage Loan Detail (Part 1) |
|||||||||||||||
|
Interest |
Original |
Adjusted |
Beginning |
Ending |
Paid |
||||||||||
|
Prop |
Accrual |
Gross |
Scheduled |
Scheduled |
Principal Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
||||||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
1 |
656100286 |
LO |
Miami Beach |
FL |
Actual/360 |
4.125% |
426,250.00 |
0.00 |
0.00 |
N/A |
09/06/24 |
-- |
120,000,000.00 |
120,000,000.00 |
07/06/24 |
|
4 |
656100291 |
OF |
San Diego |
CA |
Actual/360 |
4.423% |
226,106.35 |
85,894.85 |
0.00 |
N/A |
09/06/24 |
-- |
59,360,474.10 |
59,274,579.25 |
08/06/24 |
|
7 |
301991002 |
OF |
Various |
Various |
Actual/360 |
4.627% |
219,247.15 |
309,577.14 |
0.00 |
04/06/24 |
04/06/29 |
-- |
55,031,685.01 |
54,722,107.87 |
07/06/24 |
|
8 |
302501008 |
OF |
Hamilton |
NJ |
Actual/360 |
5.300% |
195,180.30 |
0.00 |
0.00 |
N/A |
09/06/24 |
-- |
42,766,225.43 |
42,766,225.43 |
08/06/24 |
|
10 |
302501010 |
OF |
Kennesaw |
GA |
Actual/360 |
4.360% |
141,507.10 |
63,522.58 |
0.00 |
N/A |
08/01/24 |
-- |
37,690,557.36 |
37,627,034.78 |
07/01/24 |
|
12 |
301880015 |
OF |
Pleasant Hill |
CA |
Actual/360 |
4.540% |
111,305.10 |
66,867.58 |
0.00 |
N/A |
09/06/24 |
-- |
28,470,823.97 |
28,403,956.39 |
08/06/24 |
|
14 |
301880014 |
LO |
Miami Beach |
FL |
Actual/360 |
4.800% |
119,145.54 |
44,812.38 |
0.00 |
N/A |
09/06/24 |
-- |
28,825,534.58 |
28,780,722.20 |
07/06/24 |
|
15 |
302501015 |
OF |
Dallas |
TX |
Actual/360 |
4.700% |
0.00 |
0.00 |
0.00 |
N/A |
07/06/24 |
-- |
26,382,787.90 |
26,382,787.90 |
07/06/21 |
|
16 |
302501016 |
RT |
Toms River |
NJ |
Actual/360 |
4.406% |
99,799.98 |
50,534.64 |
0.00 |
N/A |
09/06/24 |
-- |
26,304,300.57 |
26,253,765.93 |
12/06/22 |
|
18 |
301880016 |
LO |
Columbus |
OH |
Actual/360 |
4.610% |
92,661.71 |
43,347.46 |
0.00 |
N/A |
09/06/24 |
-- |
23,342,114.05 |
23,298,766.59 |
08/06/24 |
|
20 |
406100226 |
OF |
Beverly Hills |
CA |
Actual/360 |
5.881% |
100,407.59 |
21,762.86 |
0.00 |
N/A |
08/06/24 |
-- |
19,826,962.38 |
19,805,199.52 |
05/06/24 |
|
21 |
302501021 |
RT |
Madera |
CA |
Actual/360 |
4.782% |
74,700.72 |
35,256.98 |
0.00 |
N/A |
09/06/24 |
-- |
18,138,885.81 |
18,103,628.83 |
08/06/24 |
|
23 |
302501023 |
LO |
Newark |
CA |
Actual/360 |
4.482% |
59,405.03 |
15,390,180.60 |
0.00 |
N/A |
08/06/24 |
-- |
15,390,180.60 |
0.00 |
08/06/24 |
|
25 |
407000287 |
RT |
Birmingham |
AL |
Actual/360 |
4.800% |
55,834.81 |
30,734.97 |
0.00 |
N/A |
08/06/24 |
-- |
13,508,422.35 |
13,477,687.38 |
07/06/24 |
|
27 |
406100229 |
OF |
Flushing |
NY |
Actual/360 |
5.150% |
58,754.38 |
13,248,716.67 |
0.00 |
N/A |
08/06/24 |
-- |
13,248,716.67 |
0.00 |
08/06/24 |
|
28 |
406100235 |
IN |
Wyoming |
MI |
Actual/360 |
4.778% |
55,937.22 |
24,541.08 |
0.00 |
N/A |
09/06/24 |
-- |
13,595,512.13 |
13,570,971.05 |
08/06/24 |
|
34 |
406100209 |
OF |
Palo Alto |
CA |
Actual/360 |
5.089% |
48,745.54 |
19,635.22 |
0.00 |
N/A |
10/06/24 |
-- |
11,123,545.91 |
11,103,910.69 |
08/06/24 |
|
36 |
406100233 |
OF |
Milwaukee |
WI |
Actual/360 |
4.589% |
40,756.94 |
20,681.52 |
0.00 |
N/A |
09/06/24 |
-- |
10,313,932.60 |
10,293,251.08 |
05/06/24 |
|
42 |
302501042 |
SS |
Chesapeake |
VA |
Actual/360 |
4.500% |
34,157.42 |
18,031.17 |
0.00 |
N/A |
08/01/24 |
-- |
8,814,817.19 |
8,796,786.02 |
07/01/24 |
|
43 |
301880011 |
RT |
Augusta |
GA |
Actual/360 |
4.890% |
36,384.99 |
15,301.62 |
0.00 |
N/A |
09/06/24 |
-- |
8,640,805.39 |
8,625,503.77 |
08/06/24 |
|
44 |
302501044 |
RT |
Aurora |
CO |
Actual/360 |
4.519% |
27,216.62 |
16,455.46 |
0.00 |
N/A |
09/06/24 |
-- |
6,994,113.71 |
6,977,658.25 |
08/06/24 |
|
45 |
406100224 |
RT |
Lilburn |
GA |
Actual/360 |
4.729% |
30,818.44 |
7,568,018.17 |
0.00 |
N/A |
07/06/24 |
-- |
7,568,018.17 |
0.00 |
08/06/24 |
|
46 |
302501046 |
OF |
Various |
Various |
Actual/360 |
4.510% |
32,331.06 |
0.00 |
0.00 |
06/06/24 |
06/06/31 |
-- |
8,325,000.00 |
8,325,000.00 |
05/06/24 |
|
47 |
301880012 |
RT |
Greendale |
WI |
Actual/360 |
4.410% |
27,856.31 |
12,251.83 |
0.00 |
N/A |
09/06/24 |
-- |
7,335,434.50 |
7,323,182.67 |
08/06/24 |
|
48 |
301880010 |
MF |
Reynoldsburg |
OH |
Actual/360 |
4.403% |
24,905.97 |
6,568,943.74 |
0.00 |
N/A |
09/06/24 |
-- |
6,568,943.74 |
0.00 |
08/06/24 |
|
52 |
406100230 |
RT |
Houston |
TX |
Actual/360 |
5.223% |
31,263.14 |
6,951,098.49 |
0.00 |
N/A |
08/06/24 |
-- |
6,951,098.49 |
0.00 |
08/06/24 |
|
55 |
302501056 |
LO |
Leland |
NC |
Actual/360 |
4.747% |
19,676.30 |
4,814,052.55 |
0.00 |
N/A |
08/06/24 |
-- |
4,814,052.55 |
0.00 |
08/06/24 |
|
59 |
406100236 |
MU |
Melbourne |
FL |
Actual/360 |
5.600% |
21,504.14 |
14,460.14 |
0.00 |
N/A |
09/06/24 |
-- |
4,459,383.85 |
4,444,923.71 |
08/06/24 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 15 of 29 |
|
Mortgage Loan Detail (Part 1) |
|||||||||||||||
|
Interest |
Original |
Adjusted |
Beginning |
Ending |
Paid |
||||||||||
|
Prop |
Accrual |
Gross |
Scheduled |
Scheduled |
Principal |
Anticipated Maturity |
Maturity |
Scheduled |
Scheduled |
Through |
|||||
|
Pros ID |
Loan ID |
Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
|
|
62 |
406100232 |
IN |
El Cajon |
CA |
Actual/360 |
4.710% |
18,260.08 |
8,221.11 |
0.00 |
N/A |
09/06/24 |
-- |
4,502,177.58 |
4,493,956.47 |
08/06/24 |
|
63 |
302501063 |
RT |
Brentwood |
TN |
Actual/360 |
4.974% |
18,122.25 |
7,970.39 |
0.00 |
N/A |
09/06/24 |
-- |
4,231,039.41 |
4,223,069.02 |
08/06/24 |
|
65 |
302501065 |
RT |
Millbrook |
AL |
Actual/360 |
5.200% |
14,966.89 |
11,404.54 |
0.00 |
N/A |
08/06/24 |
-- |
3,342,482.71 |
3,331,078.17 |
07/06/24 |
|
Totals |
2,463,209.07 |
55,462,275.74 |
0.00 |
645,868,028.71 |
590,405,752.97 |
||||||||||
|
1 Property Type Codes |
|||||||||||||||
|
HC - Health Care |
MU - Mixed Use |
WH - Warehouse |
MF - Multi-Family |
||||||||||||
|
SS - Self Storage |
LO - Lodging |
RT - Retail |
SF - Single Family Rental |
||||||||||||
|
98 - Other |
IN - Industrial |
OF - Office |
MH - Mobile Home Park |
||||||||||||
|
SE - Securities |
CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 16 of 29 |
|
Mortgage Loan Detail (Part 2) |
|||||||||||||
|
Most Recent Most Recent Appraisal |
Cumulative |
Current |
|||||||||||
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|||
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
1 |
54,424,057.38 |
54,270,454.13 |
04/01/23 |
03/31/24 |
-- |
0.00 |
0.00 |
425,216.67 |
425,216.67 |
0.00 |
0.00 |
||
|
4 |
6,990,461.63 |
1,657,253.37 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
7 |
37,194,309.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
218,773.27 |
218,773.27 |
0.00 |
0.00 |
||
|
8 |
4,894,528.38 |
1,219,051.09 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
10 |
3,078,021.34 |
1,486,756.67 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
204,705.12 |
204,705.12 |
0.00 |
0.00 |
||
|
12 |
3,693,248.55 |
1,147,978.99 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
14 |
1,695,170.37 |
983,832.50 |
01/01/24 |
03/31/24 |
02/06/24 |
0.00 |
43,094.58 |
163,709.70 |
163,709.70 |
0.00 |
0.00 |
||
|
15 |
8,441,463.00 |
972,517.00 |
01/01/20 |
03/31/20 |
08/06/24 |
9,472,939.70 |
350,505.86 |
(340.78) |
5,242,477.93 |
0.00 |
0.00 |
||
|
16 |
980,049.00 |
0.00 |
-- |
-- |
04/08/23 |
6,217,674.57 |
227,096.60 |
126,458.20 |
2,790,766.95 |
484,551.72 |
0.00 |
||
|
18 |
2,971,905.00 |
3,182,973.08 |
06/01/23 |
06/30/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
20 |
1,293,932.85 |
372,737.00 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
121,914.35 |
365,583.12 |
2,836.91 |
0.00 |
||
|
21 |
1,773,375.35 |
686,452.54 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
23 |
816,958.30 |
958,094.30 |
07/01/23 |
06/30/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
25 |
1,634,937.31 |
430,391.58 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
86,220.81 |
86,220.81 |
0.00 |
0.00 |
||
|
27 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
28 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
34 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
36 |
411,349.82 |
356,685.91 |
01/01/23 |
06/30/23 |
-- |
0.00 |
0.00 |
61,305.24 |
245,403.24 |
0.00 |
0.00 |
||
|
42 |
1,286,141.55 |
622,472.50 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
52,112.68 |
52,112.68 |
0.00 |
0.00 |
||
|
43 |
1,425,156.00 |
399,446.50 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
44 |
897,961.00 |
250,028.00 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
45 |
980,882.20 |
244,752.57 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
46 |
875,626.00 |
220,544.00 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
32,223.53 |
95,737.48 |
0.00 |
0.00 |
||
|
47 |
701,746.68 |
103,176.19 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
48 |
1,085,319.98 |
380,996.75 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
52 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
55 |
778,813.68 |
885,160.68 |
04/01/23 |
03/31/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
59 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 17 of 29 |
|
Mortgage Loan Detail (Part 2) |
|||||||||||||
|
Most Recent |
Most Recent |
Appraisal |
Cumulative |
Current |
|||||||||
|
Most Recent |
Most Recent |
NOI Start |
NOI End |
Reduction |
Appraisal |
Cumulative |
Current P&I |
Cumulative P&I |
Servicer |
NRA/WODRA |
|||
|
Pros ID |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
|
62 |
732,779.18 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
63 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
65 |
474,522.42 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
26,342.65 |
26,342.65 |
0.00 |
0.00 |
||
|
Totals |
139,532,715.97 |
70,831,755.35 |
15,690,614.27 |
620,697.04 |
1,518,641.44 |
9,917,049.62 |
487,388.63 |
0.00 |
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 18 of 29 |
|
Principal Prepayment Detail |
|||||
|
Unscheduled Principal |
Prepayment Penalties |
||||
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
7 |
301991002 |
309,577.14 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
48 |
301880010 |
6,555,377.66 |
Payoff Prior to Maturity |
0.00 |
0.00 |
|
Totals |
6,864,954.80 |
0.00 |
0.00 |
||
|
Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount. |
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 19 of 29 |
|
Historical Detail |
|||||||||||||||||||||
|
Delinquencies¹ |
Prepayments |
Rate and Maturities |
|||||||||||||||||||
|
30-59 Days |
60-89 Days |
90 Days or More |
Foreclosure |
REO |
Modifications |
Curtailments |
Payoff |
Next Weighted Avg. |
|||||||||||||
|
Distribution |
|||||||||||||||||||||
|
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Amount |
# |
Amount |
Coupon |
Remit |
WAM¹ |
|||
|
Date |
|||||||||||||||||||||
|
08/12/24 |
0 |
0.00 |
2 |
18,618,251.08 |
1 |
26,253,765.93 |
0 |
0.00 |
1 |
26,382,787.90 |
0 |
0.00 |
1 |
309,577.14 |
1 |
6,555,377.66 |
4.605520% |
4.519663% |
0 |
||
|
07/12/24 |
2 |
28,151,962.38 |
1 |
10,313,932.60 |
1 |
26,304,300.57 |
0 |
0.00 |
1 |
26,382,787.90 |
0 |
0.00 |
1 |
468,314.99 |
0 |
0.00 |
4.620913% |
4.540967% |
1 |
||
|
06/12/24 |
1 |
55,209,245.46 |
1 |
10,335,845.07 |
2 |
52,792,700.69 |
0 |
0.00 |
1 |
26,434,842.77 |
0 |
0.00 |
0 |
0.00 |
1 |
5,542,428.18 |
4.629285% |
4.552360% |
2 |
||
|
05/10/24 |
2 |
30,229,310.22 |
0 |
0.00 |
2 |
52,891,249.63 |
0 |
0.00 |
1 |
26,483,250.51 |
0 |
0.00 |
0 |
0.00 |
3 |
15,228,031.41 |
4.586132% |
4.517543% |
3 |
||
|
04/12/24 |
0 |
0.00 |
1 |
19,897,578.85 |
3 |
63,374,200.34 |
0 |
0.00 |
1 |
26,534,913.44 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.592704% |
4.529261% |
4 |
||
|
03/12/24 |
0 |
0.00 |
2 |
30,316,885.91 |
2 |
53,093,845.61 |
0 |
0.00 |
1 |
26,582,917.80 |
0 |
0.00 |
0 |
0.00 |
1 |
4,384,581.55 |
4.592940% |
4.529775% |
5 |
||
|
02/12/24 |
1 |
19,946,454.49 |
1 |
10,421,371.13 |
2 |
53,204,624.89 |
0 |
0.00 |
1 |
26,637,656.01 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.596573% |
4.539310% |
6 |
||
|
01/12/24 |
0 |
0.00 |
1 |
10,441,548.36 |
2 |
53,301,565.93 |
0 |
0.00 |
1 |
26,685,246.23 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.618729% |
4.563811% |
7 |
||
|
12/12/23 |
1 |
10,461,646.17 |
0 |
0.00 |
2 |
53,398,128.61 |
0 |
0.00 |
1 |
26,732,644.62 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.618740% |
4.563833% |
8 |
||
|
11/10/23 |
1 |
10,482,995.91 |
0 |
0.00 |
2 |
53,501,054.62 |
0 |
0.00 |
1 |
26,783,334.57 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.618755% |
4.563858% |
9 |
||
|
10/13/23 |
0 |
0.00 |
0 |
0.00 |
2 |
53,596,838.65 |
0 |
0.00 |
1 |
26,830,337.57 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.618765% |
4.563880% |
10 |
||
|
09/12/23 |
1 |
10,524,123.04 |
0 |
0.00 |
2 |
53,699,013.97 |
0 |
0.00 |
2 |
26,880,646.38 |
0 |
0.00 |
0 |
0.00 |
1 |
0.00 |
4.618780% |
4.563905% |
11 |
||
|
(1) Foreclosure and REO Totals are included in the delinquencies aging categories. |
|||||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 20 of 29 |
|
Delinquency Loan Detail |
||||||||||||||||
|
Paid |
Mortgage |
Outstanding |
Servicing |
Resolution |
||||||||||||
|
Through |
Months |
Loan |
Current P&I |
Outstanding P&I |
Servicer |
Actual Principal |
Transfer |
Strategy |
Bankruptcy |
Foreclosure |
||||||
|
Pros ID |
Loan ID |
Date |
Delinquent |
Status¹ |
Advances |
Advances |
Advances |
Balance |
Date |
Code² |
Date |
Date |
REO Date |
|||
|
1 |
656100286 |
07/06/24 |
0 |
B |
425,216.67 |
425,216.67 |
0.00 |
120,000,000.00 |
||||||||
|
7 |
301991002 |
07/06/24 |
0 |
B |
218,773.27 |
218,773.27 |
0.00 |
54,722,107.87 |
09/01/23 |
11 |
||||||
|
10 |
302501010 |
07/01/24 |
0 |
5 |
204,705.12 |
204,705.12 |
0.00 |
37,690,557.36 |
||||||||
|
14 |
301880014 |
07/06/24 |
0 |
B |
163,709.70 |
163,709.70 |
8,100.00 |
28,825,534.58 |
11/18/22 |
1 |
||||||
|
15 |
302501015 |
07/06/21 |
36 |
5 |
(340.78) |
5,242,477.93 |
1,515,525.20 |
28,080,988.70 |
05/20/20 |
7 |
11/02/21 |
|||||
|
16 |
302501016 |
12/06/22 |
19 |
6 |
126,458.20 |
2,790,766.95 |
536,618.52 |
27,263,772.49 |
05/14/20 |
98 |
||||||
|
20 |
406100226 |
05/06/24 |
2 |
5 |
121,914.35 |
365,583.12 |
2,836.91 |
19,872,951.28 |
02/28/24 |
13 |
||||||
|
25 |
407000287 |
07/06/24 |
0 |
5 |
86,220.81 |
86,220.81 |
0.00 |
13,508,422.36 |
||||||||
|
36 |
406100233 |
05/06/24 |
2 |
2 |
61,305.24 |
245,403.24 |
4,743.12 |
10,356,358.94 |
02/25/19 |
98 |
||||||
|
42 |
302501042 |
07/01/24 |
0 |
5 |
52,112.68 |
52,112.68 |
0.00 |
8,814,817.19 |
||||||||
|
46 |
302501046 |
05/06/24 |
2 |
2 |
32,223.53 |
95,737.48 |
0.00 |
8,325,000.00 |
||||||||
|
65 |
302501065 |
07/06/24 |
0 |
5 |
26,342.65 |
26,342.65 |
0.00 |
3,342,482.71 |
||||||||
|
Totals |
1,518,641.44 |
9,917,049.62 |
2,067,823.75 |
360,802,993.48 |
||||||||||||
|
1 Mortgage Loan Status |
2 Resolution Strategy Code |
|||||||||||||||
|
A - Payment Not Received But Still in Grace Period 0 - Current |
4 - Performing Matured Balloon |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
||||||||||||
|
B - Late Payment But Less Than 30 days |
1 - 30-59 Days Delinquent |
5 - Non Performing Matured Balloon |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
|||||||||||
|
Delinquent |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
|||||||||||||
|
2 - 60-89 Days Delinquent |
6 - 121+ Days Delinquent |
|||||||||||||||
|
4 - Extension |
9 - Pending Return to Master Servicer |
13 - |
TBD |
|||||||||||||
|
3 - 90-120 Days Delinquent |
||||||||||||||||
|
5 - Note Sale |
98 - Other |
|||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 21 of 29 |
|
Collateral Stratification and Historical Detail |
||||||||
|
Maturity Dates and Loan Status¹ |
||||||||
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|||||
|
Past Maturity |
109,420,574 |
0 |
83,037,786 |
26,382,788 |
||||
|
0 - 6 Months |
417,938,071 |
381,391,054 |
36,547,017 |
0 |
||||
|
7 - 12 Months |
0 |
0 |
0 |
0 |
||||
|
13 - 24 Months |
0 |
0 |
0 |
0 |
||||
|
25 - 36 Months |
0 |
0 |
0 |
0 |
||||
|
37 - 48 Months |
0 |
0 |
0 |
0 |
||||
|
49 - 60 Months |
54,722,108 |
54,722,108 |
0 |
0 |
||||
|
> 60 Months |
8,325,000 |
0 |
8,325,000 |
0 |
||||
|
Historical Delinquency Information |
||||||||
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|||
|
Aug-24 |
590,405,753 |
499,345,749 |
0 |
38,423,451 |
26,253,766 |
26,382,788 |
||
|
Jul-24 |
645,868,029 |
547,147,027 |
35,719,981 |
10,313,933 |
26,304,301 |
26,382,788 |
||
|
Jun-24 |
678,909,565 |
560,571,774 |
55,209,245 |
10,335,845 |
26,357,858 |
26,434,843 |
||
|
May-24 |
806,948,230 |
723,827,670 |
30,229,310 |
0 |
26,407,999 |
26,483,251 |
||
|
Apr-24 |
906,514,472 |
823,242,693 |
0 |
19,897,579 |
36,839,287 |
26,534,913 |
||
|
Mar-24 |
912,755,242 |
829,344,510 |
0 |
30,316,886 |
26,510,928 |
26,582,918 |
||
|
Feb-24 |
923,578,712 |
840,006,262 |
19,946,454 |
10,421,371 |
26,566,969 |
26,637,656 |
||
|
Jan-24 |
991,865,972 |
928,122,857 |
0 |
10,441,548 |
26,616,320 |
26,685,246 |
||
|
Dec-23 |
993,247,934 |
929,388,159 |
10,461,646 |
0 |
26,665,484 |
26,732,645 |
||
|
Nov-23 |
994,717,048 |
930,732,998 |
10,482,996 |
0 |
26,717,720 |
26,783,335 |
||
|
Oct-23 |
996,087,554 |
942,490,715 |
0 |
0 |
26,766,501 |
26,830,338 |
||
|
Sep-23 |
997,545,625 |
933,322,488 |
10,524,123 |
0 |
26,818,368 |
26,880,646 |
||
|
(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File. |
||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 22 of 29 |
|
Specially Serviced Loan Detail - Part 1 |
||||||||||
|
Ending Scheduled |
Net Operating |
Remaining |
||||||||
|
Pros ID |
Loan ID |
Balance |
Actual Balance |
Appraisal Value |
Appraisal Date |
Income |
DSCR |
DSCR Date |
Maturity Date |
Amort Term |
|
7 |
301991002 |
54,722,107.87 |
54,722,107.87 |
540,100,000.00 |
03/01/14 |
37,194,309.00 |
2.06190 |
12/31/23 |
04/06/29 |
(120) |
|
14 |
301880014 |
28,780,722.20 |
28,825,534.58 |
40,000,000.00 |
03/05/24 |
920,811.50 |
1.87200 |
03/31/24 |
09/06/24 |
240 |
|
15 |
302501015 |
26,382,787.90 |
28,080,988.70 |
64,800,000.00 |
03/13/24 |
779,635.00 |
0.55670 |
03/31/20 |
07/06/24 |
240 |
|
16 |
302501016 |
26,253,765.93 |
27,263,772.49 |
25,600,000.00 |
02/04/24 |
762,282.00 |
0.42250 |
12/31/23 |
09/06/24 |
240 |
|
20 |
406100226 |
19,805,199.52 |
19,872,951.28 |
29,000,000.00 |
09/13/17 |
342,959.00 |
0.93740 |
03/31/24 |
08/06/24 |
240 |
|
36 |
406100233 |
10,293,251.08 |
10,356,358.94 |
17,500,000.00 |
07/01/14 |
295,842.91 |
0.80250 |
06/30/23 |
09/06/24 |
240 |
|
Totals |
166,237,834.50 |
169,121,713.86 |
717,000,000.00 |
40,295,839.41 |
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 23 of 29 |
|
Specially Serviced Loan Detail - Part 2 |
||||||||
|
Servicing |
||||||||
|
Property |
Transfer |
Resolution |
||||||
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
||
|
7 |
301991002 |
OF |
Various |
09/01/23 |
11 |
|||
|
Loan payments remain current through July and lender has approved a partial release of the Tulsa property with a sale likely to occur in November. |
||||||||
|
14 |
301880014 |
LO |
FL |
11/18/22 |
1 |
|||
|
Loan re-transferred to Special Servicing due to a Judgement lien being attached to the Borrower. Currently reviewing all options. Loan remains current and Lender continues monitoring litigation. Borrower submitted a request for a loan extension. |
||||||||
|
A Forbearance Agreement was executed on 7/31/2024. |
||||||||
|
15 |
302501015 |
OF |
TX |
05/20/20 |
7 |
|||
|
The subject loan transferred to special servicing 5/20/20 for imminent monetary default. The collateral is a leasehold interest in a 724K SF CBD office property built in 1982 located in Dallas. TX. Lender was the winning bidder in the foreclosure |
||||||||
|
auction held on 11/2/21 and asset became REO effective 11/3/21. Lender worked with the property management and leasing teams to stabilize the asset and establish positive relationships with local brokers and prospective tenants in the |
||||||||
|
market. Lender is currently holding +/-$5.7MM in Reserve Funds, +/-$3.2MM in Suspense Funds and roughly $10.7MM in the property bank accounts. Lender recently executed a 2,325 SF lease and continues to aggressively pursue all |
||||||||
|
requirements. Lender is working on various projects at the property including bringing a food amenity to the building, building a conf center / tenant lounge and potentially some lobby work. Lender recently hired Transwestern as the new leasing |
||||||||
|
broker. Lender and the leasing team are working together to work with an architect and GC to do selective 2nd gen spec suites and potentially some multi-tenant lobby upgrades, as needed for leasing. |
||||||||
|
16 |
302501016 |
RT |
NJ |
05/14/20 |
98 |
|||
|
Loan transferred to special servicing in August 2020 after failing to make the June 2020 payment as a result of COVID-19. After numerous discussions between Borrower and Special Servicer, both parties tentatively agreed on a loan |
||||||||
|
modification whereby the loan would be brought current. After Special Servicer's counsel drafted the agreement, borrower decided not to move forward with the bring current. CBRE is in-place as receiver and foreclosure litigation is ongoing. A |
||||||||
|
listing agreement regarding a receive r sale of the property has been fully executed and the property is being marketed for sale. Special servicer currently marketing the collateral for sale. |
||||||||
|
20 |
406100226 |
OF |
CA |
02/28/24 |
13 |
|||
|
The Loan transferred to Special Servicing on 2/28/2024, due to Payment Default. PNL was received. Borrower wants an extension through the ground lease reset. Negotiations are in process. |
||||||||
|
36 |
406100233 |
OF |
WI |
02/25/19 |
98 |
|||
|
Loan transferred for Imminent Non-Monetary Default as tenancy declined due to the impacts of the COVID-19 pandemic. The Loan is in cash management. A lease was approved which will take DSCR over 1.0x in 2024. Borrower made a |
||||||||
|
request for an extension and Special Servicer is evaluating the request. |
||||||||
|
1 Property Type Codes |
2 Resolution Strategy Code |
|||||||
|
HC - Health Care |
MU - Mixed Use |
WH - Warehouse |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
|||
|
MF - Multi-Family |
SS - Self Storage |
LO - Lodging |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
|||
|
RT - Retail |
SF - Single Family Rental |
98 - Other |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
|||
|
IN - Industrial |
OF - Office |
MH - Mobile Home Park |
4 - Extension |
9 - Pending Return to Master Servicer |
13 - TBD |
|||
|
SE - Securities |
CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
5 - Note Sale |
98 - Other |
||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 24 of 29 |
|
Modified Loan Detail |
|||||||||
|
Pre-Modification |
Post-Modification |
Modification |
Modification |
||||||
|
Modification |
Modification Booking |
Closing |
Effective |
||||||
|
Balance |
Rate |
Balance |
Rate |
||||||
|
Pros ID |
Loan Number |
Code¹ |
Date |
Date |
Date |
||||
|
1 |
656100286 |
120,000,000.00 |
4.12500% |
120,000,000.00 |
4.12500% |
10 |
05/01/20 |
05/06/20 |
07/06/20 |
|
1 |
656100286 |
120,000,000.00 |
4.12500% |
120,000,000.00 |
4.12500% |
10 |
07/06/20 |
05/06/20 |
05/01/20 |
|
2 |
302501002 |
74,071,251.43 |
4.13000% |
74,071,251.43 |
4.13000% |
10 |
05/01/20 |
05/01/20 |
07/06/20 |
|
2 |
302501002 |
73,438,592.50 |
4.13000% |
73,336,063.48 |
4.13000% |
10 |
07/06/20 |
05/01/20 |
05/01/20 |
|
6 |
302501006 |
0.00 |
4.99500% |
0.00 |
4.99500% |
10 |
06/30/20 |
06/30/20 |
-- |
|
6 |
302501006 |
0.00 |
4.99500% |
0.00 |
4.99500% |
10 |
10/25/21 |
06/30/20 |
-- |
|
14 |
301880014 |
0.00 |
4.80000% |
0.00 |
4.80000% |
10 |
11/30/21 |
08/06/20 |
-- |
|
18 |
301880016 |
0.00 |
4.61000% |
0.00 |
4.61000% |
10 |
03/08/22 |
03/08/22 |
-- |
|
21 |
302501021 |
19,733,141.87 |
4.78250% |
19,733,141.87 |
4.78250% |
10 |
06/01/20 |
06/06/20 |
08/06/20 |
|
21 |
302501021 |
19,583,257.11 |
4.78250% |
19,553,948.43 |
4.78250% |
10 |
08/06/20 |
06/06/20 |
06/01/20 |
|
Totals |
213,804,393.30 |
213,804,393.30 |
|||||||
|
1 Modification Codes |
|||||||||
|
1 - Maturity Date Extension |
5 - Temporary Rate Reduction |
8 - Other |
|||||||
|
2 - Amortization Change |
6 - Capitalization on Interest |
9 - Combination |
|||||||
|
3 - Principal Write-Off |
7 - Capitalization on Taxes |
10 - Forbearance |
|||||||
|
Note: Please refer to Servicer Reports for modification comments. |
|||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 25 of 29 |
|
Historical Liquidated Loan Detail |
|||||||||||||
|
Loan |
Gross Sales |
Current |
Loss to Loan |
Percent of |
|||||||||
|
Beginning |
Most Recent |
Proceeds or |
Fees, |
Net Proceeds |
Net Proceeds |
Period |
Cumulative |
with |
Original |
||||
|
Loan |
Scheduled |
Appraised |
Other |
Advances, |
Received on |
Available for |
Realized Loss |
Adjustment to |
Adjustment to |
Cumulative |
Loan |
||
|
Pros ID¹ |
Number |
Dist.Date |
Balance |
Value or BPO |
Proceeds |
and Expenses |
Liquidation |
Distribution |
to Loan |
Loan |
Loan |
Adjustment |
Balance |
|
13 |
406100165 |
08/12/21 |
29,859,405.94 |
8,700,000.00 |
11,450,774.39 |
713,570.68 |
11,450,774.39 |
10,737,203.71 |
19,122,202.23 |
0.00 |
(162,530.84) |
19,284,733.07 |
58.43% |
|
19 |
302501019 |
09/12/23 |
21,850,113.78 |
9,600,000.00 |
246,378.95 |
4,459,324.07 |
246,378.95 |
(4,212,945.12) |
21,850,113.78 |
0.00 |
(24,881.70) |
21,874,995.48 |
85.44% |
|
31 |
406100220 |
11/14/22 |
11,166,170.04 |
10,400,000.00 |
13,377,118.08 |
316,064.53 |
13,377,118.08 |
13,061,053.55 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
49 |
407000284 |
12/11/20 |
6,773,014.55 |
3,500,000.00 |
2,497,822.42 |
709,988.62 |
2,497,822.42 |
1,787,833.80 |
4,985,180.75 |
0.00 |
191,802.27 |
4,793,378.48 |
62.45% |
|
68 |
302501068 |
11/15/21 |
2,762,798.76 |
2,900,000.00 |
3,006,419.93 |
755,239.97 |
3,006,419.93 |
2,251,179.96 |
511,618.80 |
0.00 |
75,680.20 |
435,938.60 |
12.10% |
|
Current Period Totals |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|||
|
Cumulative Totals |
72,411,503.07 |
35,100,000.00 |
30,578,513.77 |
6,954,187.87 |
30,578,513.77 |
23,624,325.90 |
46,469,115.56 |
0.00 |
80,069.93 |
46,389,045.63 |
|||
|
Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 26 of 29 |
|
Historical Bond / Collateral Loss Reconciliation Detail |
|||||||||||
|
Certificate |
Reimb of Prior |
||||||||||
|
Interest Paid |
Realized Losses |
Loss Covered by |
Total Loss |
||||||||
|
from Collateral |
from Collateral |
Aggregate |
Credit |
Loss Applied to |
Loss Applied to |
Non-Cash |
Realized Losses |
Applied to |
|||
|
Loan |
Distribution |
Principal |
Interest |
Realized Loss to |
Support/Deal |
Certificate |
Certificate |
Principal |
from |
Certificate |
|
|
Pros ID |
Number |
Date |
Collections |
Collections |
Loan |
Structure |
Interest Payment |
Balance |
Adjustment |
NRA/WODRA |
Balance |
|
13 |
406100165 |
07/12/24 |
0.00 |
0.00 |
19,284,733.07 |
0.00 |
0.00 |
205.40 |
0.00 |
0.00 |
19,284,733.07 |
|
11/10/23 |
0.00 |
0.00 |
19,284,527.67 |
0.00 |
0.00 |
(11,372.71) |
0.00 |
0.00 |
|||
|
10/13/21 |
0.00 |
0.00 |
19,295,900.38 |
0.00 |
0.00 |
173,698.15 |
0.00 |
0.00 |
|||
|
08/12/21 |
0.00 |
0.00 |
19,122,202.23 |
0.00 |
0.00 |
19,122,202.23 |
0.00 |
0.00 |
|||
|
19 |
302501019 |
02/12/24 |
0.00 |
0.00 |
21,874,995.48 |
0.00 |
0.00 |
24,881.70 |
0.00 |
15,738.75 |
22,890,734.23 |
|
09/12/23 |
0.00 |
0.00 |
21,850,113.78 |
0.00 |
0.00 |
21,850,113.78 |
0.00 |
1,000,000.00 |
|||
|
31 |
406100220 |
11/14/22 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
49 |
407000284 |
10/13/23 |
0.00 |
0.00 |
4,793,378.48 |
0.00 |
0.00 |
(5,487.87) |
0.00 |
0.00 |
4,793,378.48 |
|
09/12/23 |
0.00 |
0.00 |
4,798,866.35 |
0.00 |
0.00 |
5,487.87 |
0.00 |
0.00 |
|||
|
08/11/23 |
0.00 |
0.00 |
4,793,378.48 |
0.00 |
0.00 |
5,487.87 |
0.00 |
0.00 |
|||
|
06/12/23 |
0.00 |
0.00 |
4,787,890.61 |
0.00 |
0.00 |
(1,960.58) |
0.00 |
0.00 |
|||
|
03/10/23 |
0.00 |
0.00 |
4,789,851.19 |
0.00 |
0.00 |
(45,382.44) |
0.00 |
0.00 |
|||
|
10/13/22 |
0.00 |
0.00 |
4,835,233.63 |
0.00 |
0.00 |
(149,947.12) |
0.00 |
0.00 |
|||
|
12/11/20 |
0.00 |
0.00 |
4,985,180.75 |
0.00 |
0.00 |
4,985,180.75 |
0.00 |
0.00 |
|||
|
68 |
302501068 |
08/11/23 |
0.00 |
0.00 |
435,938.60 |
0.00 |
0.00 |
405.74 |
0.00 |
0.00 |
435,938.60 |
|
05/12/23 |
0.00 |
0.00 |
435,532.86 |
0.00 |
0.00 |
(76,085.94) |
0.00 |
0.00 |
|||
|
11/15/21 |
0.00 |
0.00 |
511,618.80 |
0.00 |
0.00 |
511,618.80 |
0.00 |
0.00 |
|||
|
Current Period Totals |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
Cumulative Totals |
0.00 |
0.00 |
46,389,045.63 |
0.00 |
0.00 |
46,389,045.63 |
0.00 |
1,015,738.75 |
47,404,784.38 |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 27 of 29 |
|
Interest Shortfall Detail - Collateral Level |
||||||||||||
|
Special Servicing Fees |
Modified |
|||||||||||
|
Deferred |
Non- |
Reimbursement of |
Other |
Interest |
||||||||
|
Interest |
Interest |
Recoverable |
Interest on |
Advances from |
Shortfalls / |
Reduction / |
||||||
|
Pros ID |
Adjustments |
Collected |
Monthly |
Liquidation |
Work Out |
ASER |
PPIS / (PPIE) |
Interest |
Advances |
Interest |
(Refunds) |
(Excess) |
|
7 |
0.00 |
0.00 |
11,847.10 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
14 |
0.00 |
0.00 |
6,205.50 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
15 |
0.00 |
0.00 |
5,679.63 |
0.00 |
0.00 |
0.00 |
0.00 |
106,777.01 |
0.00 |
0.00 |
0.00 |
0.00 |
|
16 |
0.00 |
0.00 |
5,662.73 |
0.00 |
0.00 |
23,536.66 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
20 |
0.00 |
0.00 |
4,268.30 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
36 |
0.00 |
0.00 |
2,220.36 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
35,883.62 |
0.00 |
0.00 |
23,536.66 |
0.00 |
106,777.01 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans. |
Collateral Shortfall Total |
166,197.29 |
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 28 of 29 |
|
Supplemental Notes |
||
|
None |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 29 of 29 |