COMM 2014-UBS5 Mortgage Trust
11/21/2024 | Press release | Distributed by Public on 11/21/2024 14:10
Asset Backed Issuer Distribution Report Form 10 D
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Distribution Date: |
11/13/24 |
COMM 2014-UBS5 Mortgage Trust |
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Determination Date: |
11/06/24 |
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Next Distribution Date: |
12/12/24 |
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Record Date: |
10/31/24 |
Commercial Mortgage Pass-Through Certificates |
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Series 2014-UBS5 |
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September 2024 - Servicer Revision |
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The September distribution date statement has been revised to reflect updated Nonrecoverable Advances and Other Expenses amounts, as well as updated principal and interest |
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allocations. |
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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 |
CWCapital Asset Management LLC |
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Bond / Collateral Reconciliation - Cash Flows |
8 |
Attention: Brian Hanson |
(202) 715-9500 |
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Bond / Collateral Reconciliation - Balances |
9 |
900 19th Street NW, 8th Floor | Washington, DC 20006 | 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 |
David Rodgers |
(212) 230-9025 |
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Mortgage Loan Detail (Part 2) |
16 |
600 Third Avenue, 40th Floor | New York, NY 10016 | United States |
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Principal Prepayment Detail |
17 |
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 |
18 |
Corporate Trust Services (CMBS) |
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Delinquency Loan Detail |
19 |
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9062 Old Annapolis Road | Columbia, MD 21045 | United States |
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Collateral Stratification and Historical Detail |
20 |
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Trustee |
Wilmington Trust, National Association |
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Specially Serviced Loan Detail - Part 1 |
21 |
Attention: CMBS Trustee |
(302) 636-4140 |
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Specially Serviced Loan Detail - Part 2 |
22-23 |
1100 North Market Street | Wilmington, DE 19890 | United States |
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Modified Loan Detail |
24 |
Controlling Class |
CMBS Investment Holdings |
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Historical Liquidated Loan Detail |
25 |
Representative |
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- |
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Historical Bond / Collateral Loss Reconciliation Detail |
26 |
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Interest Shortfall Detail - Collateral Level |
27 |
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Supplemental Notes |
28 |
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 28 |
|
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 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-M |
12592KBE3 |
4.193000% |
100,916,000.00 |
67,256,060.78 |
381,579.49 |
235,003.89 |
0.00 |
0.00 |
616,583.38 |
66,874,481.29 |
79.80% |
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 |
60.54% |
18.38% |
|
C |
12592KBH6 |
4.867627% |
53,113,000.00 |
53,113,000.00 |
0.00 |
215,445.23 |
0.00 |
0.00 |
215,445.23 |
53,113,000.00 |
44.49% |
14.63% |
|
D |
12592KAG9 |
3.495000% |
104,216,000.00 |
104,216,000.00 |
0.00 |
133,365.39 |
0.00 |
0.00 |
133,365.39 |
104,216,000.00 |
13.01% |
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 |
2.04% |
4.70% |
|
F |
12592KAL8 |
3.495000% |
22,365,000.00 |
6,758,067.14 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
6,758,067.14 |
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 |
331,380,127.92 |
381,579.49 |
823,568.10 |
0.00 |
0.00 |
1,205,147.59 |
330,998,548.43 |
||||
|
X-A |
12592KBD5 |
0.674627% |
1,092,367,000.00 |
67,256,060.78 |
0.00 |
37,810.64 |
0.00 |
0.00 |
37,810.64 |
66,874,481.29 |
||
|
X-B-1 |
12592KAA2 |
0.353627% |
63,736,000.00 |
63,736,000.00 |
0.00 |
18,782.32 |
0.00 |
0.00 |
18,782.32 |
63,736,000.00 |
||
|
X-B-2 |
12592KBJ2 |
0.909239% |
157,329,000.00 |
157,329,000.00 |
0.00 |
119,208.09 |
0.00 |
0.00 |
119,208.09 |
157,329,000.00 |
||
|
X-C |
12592KAC8 |
1.372627% |
36,301,000.00 |
36,301,000.00 |
0.00 |
41,523.11 |
0.00 |
0.00 |
41,523.11 |
36,301,000.00 |
||
|
X-D |
12592KAE4 |
1.372627% |
66,626,324.00 |
6,758,067.14 |
0.00 |
7,730.26 |
0.00 |
0.00 |
7,730.26 |
6,758,067.14 |
||
|
Notional SubTotal |
1,416,359,324.00 |
331,380,127.92 |
0.00 |
225,054.42 |
0.00 |
0.00 |
225,054.42 |
330,998,548.43 |
||||
|
Deal Distribution Total |
381,579.49 |
1,048,622.52 |
0.00 |
0.00 |
1,430,202.01 |
|||||||
|
* |
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 28 |
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Certificate Factor Detail |
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Cumulative |
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|
Interest Shortfalls |
Interest |
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|
Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
|
Regular Certificates |
||||||||||
|
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 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-M |
12592KBE3 |
666.45587201 |
3.78115948 |
2.32870794 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
6.10986741 |
662.67471253 |
|
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 |
4.05635588 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.05635588 |
1,000.00000000 |
|
D |
12592KAG9 |
1,000.00000000 |
0.00000000 |
1.27970168 |
1.63279832 |
2.79703433 |
0.00000000 |
0.00000000 |
1.27970168 |
1,000.00000000 |
|
E |
12592KAJ3 |
1,000.00000000 |
0.00000000 |
0.00000000 |
2.91249993 |
19.45446489 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
F |
12592KAL8 |
302.17156897 |
0.00000000 |
0.00000000 |
0.88007467 |
90.15751934 |
0.00000000 |
0.00000000 |
0.00000000 |
302.17156897 |
|
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 |
61.56910707 |
0.00000000 |
0.03461350 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.03461350 |
61.21979270 |
|
X-B-1 |
12592KAA2 |
1,000.00000000 |
0.00000000 |
0.29468934 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.29468934 |
1,000.00000000 |
|
X-B-2 |
12592KBJ2 |
1,000.00000000 |
0.00000000 |
0.75769941 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.75769941 |
1,000.00000000 |
|
X-C |
12592KAC8 |
1,000.00000000 |
0.00000000 |
1.14385582 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.14385582 |
1,000.00000000 |
|
X-D |
12592KAE4 |
101.43238790 |
0.00000000 |
0.11602411 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.11602411 |
101.43238790 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 3 of 28 |
|
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 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
X-A |
10/01/24 - 10/30/24 |
30 |
0.00 |
37,810.64 |
0.00 |
37,810.64 |
0.00 |
0.00 |
0.00 |
37,810.64 |
0.00 |
|
|
A-M |
10/01/24 - 10/30/24 |
30 |
0.00 |
235,003.89 |
0.00 |
235,003.89 |
0.00 |
0.00 |
0.00 |
235,003.89 |
0.00 |
|
|
B |
10/01/24 - 10/30/24 |
30 |
0.00 |
239,753.59 |
0.00 |
239,753.59 |
0.00 |
0.00 |
0.00 |
239,753.59 |
0.00 |
|
|
C |
10/01/24 - 10/30/24 |
30 |
0.00 |
215,445.23 |
0.00 |
215,445.23 |
0.00 |
0.00 |
0.00 |
215,445.23 |
0.00 |
|
|
X-B-1 |
10/01/24 - 10/30/24 |
30 |
0.00 |
18,782.32 |
0.00 |
18,782.32 |
0.00 |
0.00 |
0.00 |
18,782.32 |
0.00 |
|
|
X-B-2 |
10/01/24 - 10/30/24 |
30 |
0.00 |
119,208.09 |
0.00 |
119,208.09 |
0.00 |
0.00 |
0.00 |
119,208.09 |
0.00 |
|
|
X-C |
10/01/24 - 10/30/24 |
30 |
0.00 |
41,523.11 |
0.00 |
41,523.11 |
0.00 |
0.00 |
0.00 |
41,523.11 |
0.00 |
|
|
X-D |
10/01/24 - 10/30/24 |
30 |
0.00 |
7,730.26 |
0.00 |
7,730.26 |
0.00 |
0.00 |
0.00 |
7,730.26 |
0.00 |
|
|
D |
10/01/24 - 10/30/24 |
30 |
121,332.02 |
303,529.10 |
0.00 |
303,529.10 |
170,163.71 |
0.00 |
0.00 |
133,365.39 |
291,495.73 |
|
|
E |
10/01/24 - 10/30/24 |
30 |
600,489.87 |
105,726.66 |
0.00 |
105,726.66 |
105,726.66 |
0.00 |
0.00 |
0.00 |
706,216.53 |
|
|
F |
10/01/24 - 10/30/24 |
30 |
1,996,690.05 |
19,682.87 |
0.00 |
19,682.87 |
19,682.87 |
0.00 |
0.00 |
0.00 |
2,016,372.92 |
|
|
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 |
6,881,096.89 |
1,344,195.76 |
0.00 |
1,344,195.76 |
295,573.24 |
0.00 |
0.00 |
1,048,622.52 |
7,176,670.13 |
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 4 of 28 |
|
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 |
67,256,060.78 |
381,579.49 |
235,003.89 |
0.00 |
0.00 |
616,583.38 |
66,874,481.29 |
||
|
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 |
4.867627% |
53,113,000.00 |
53,113,000.00 |
0.00 |
215,445.23 |
0.00 |
0.00 |
215,445.23 |
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 |
184,105,060.78 |
381,579.49 |
690,202.71 |
0.00 |
0.00 |
1,071,782.20 |
183,723,481.29 |
||||
|
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 28 |
|
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 28 |
|
Additional Information |
||
|
Total Available Distribution Amount (1) |
1,430,202.01 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 7 of 28 |
|
Bond / Collateral Reconciliation - Cash Flows |
|||
|
Total Funds Collected |
Total Funds Distributed |
||
|
Interest |
Fees |
||
|
Interest Paid or Advanced |
1,349,645.39 |
Master Servicing Fee |
2,710.81 |
|
Interest Reductions due to Nonrecoverability Determination |
(206,385.26) |
Certificate Administrator Fee |
703.14 |
|
Interest Adjustments |
(858.80) |
Trustee Fee |
210.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
142.68 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
370.96 |
|
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 |
1,142,401.33 |
Total Fees |
4,137.59 |
|
Principal |
Expenses/Reimbursements |
||
|
Scheduled Principal |
276,656.58 |
Reimbursement for Interest on Advances |
0.00 |
|
Unscheduled Principal Collections |
ASER Amount |
29,934.81 |
|
|
Principal Prepayments |
0.00 |
Special Servicing Fees (Monthly) |
59,706.43 |
|
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 |
104,922.91 |
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 |
381,579.49 |
Total Expenses/Reimbursements |
89,641.24 |
|
Interest Reserve Deposit |
0.00 |
||
|
Other |
Payments to Certificateholders and Others |
||
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
1,048,622.52 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
381,579.49 |
|
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 |
1,430,202.01 |
|
Total Funds Collected |
1,523,980.82 |
Total Funds Distributed |
1,523,980.84 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 8 of 28 |
|
Bond / Collateral Reconciliation - Balances |
|||||
|
Collateral Reconciliation |
Certificate Reconciliation |
||||
|
Total |
Total |
||||
|
Beginning Scheduled Collateral Balance |
331,380,127.92 |
331,380,127.92 |
Beginning Certificate Balance |
331,380,127.92 |
|
|
(-) Scheduled Principal Collections |
276,656.58 |
276,656.58 |
(-) Principal Distributions |
381,579.49 |
|
|
(-) Unscheduled Principal Collections |
104,922.91 |
104,922.91 |
(-) 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 |
330,998,548.43 |
330,998,548.43 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
334,746,463.13 |
334,746,463.13 |
Ending Certificate Balance |
330,998,548.43 |
|
|
Ending Actual Collateral Balance |
334,452,353.61 |
334,452,353.61 |
|||
|
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 |
9,384,437.53 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
0.00 |
|
|
Ending Cumulative Advances |
9,384,437.53 |
0.00 |
Net WAC Rate |
4.87% |
|
|
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 28 |
|
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 |
|||||
|
7,499,999 or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
1.24 or less |
6 |
138,026,993.51 |
41.70% |
(3) |
4.7233 |
0.828167 |
|
|
7,500,000 to 14,999,999 |
2 |
18,407,991.18 |
5.56% |
(3) |
4.5539 |
1.472098 |
1.25 to 1.29 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
15,000,000 to 24,999,999 |
2 |
37,730,573.35 |
11.40% |
(3) |
5.3571 |
0.929912 |
1.30 to 1.39 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
25,000,000 to 49,999,999 |
5 |
161,474,568.75 |
48.78% |
(3) |
4.7500 |
1.235869 |
1.40 to 1.49 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
50,000,000 to 74,999,999 |
2 |
113,385,415.15 |
34.26% |
(4) |
4.5209 |
1.948455 |
1.50 to 1.74 |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
75,000,000 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
1.75 to 1.99 |
3 |
130,412,412.39 |
39.40% |
(2) |
4.7936 |
1.819967 |
|
|
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
2.00 or greater |
2 |
62,559,142.53 |
18.90% |
(7) |
4.6114 |
2.094283 |
|
|
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
||||||||
|
(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 28 |
|
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 |
||||||||||
|
Alabama |
1 |
5,286,019.19 |
1.60% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Lodging |
1 |
28,641,323.39 |
8.65% |
(2) |
4.8000 |
1.872000 |
|||||||
|
California |
3 |
96,735,436.92 |
29.23% |
(2) |
4.7876 |
1.487409 |
|||||||
|
Office |
25 |
258,108,885.00 |
77.98% |
(4) |
4.7513 |
1.555072 |
|||||||
|
Colorado |
3 |
6,121,713.69 |
1.85% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Retail |
2 |
44,248,340.03 |
13.37% |
(2) |
4.5591 |
0.625511 |
|||||||
|
Florida |
2 |
33,272,883.06 |
10.05% |
(3) |
4.7759 |
1.898434 |
|||||||
|
Totals |
28 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
|||||||
|
Georgia |
3 |
37,430,466.10 |
11.31% |
(3) |
4.3600 |
1.208500 |
|||||||
|
Michigan |
1 |
1,429,742.26 |
0.43% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Mississippi |
1 |
2,775,317.65 |
0.84% |
(5) |
4.5100 |
2.309600 |
|||||||
|
Missouri |
1 |
4,661,765.48 |
1.41% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Nebraska |
2 |
5,356,499.51 |
1.62% |
(7) |
4.6266 |
2.061900 |
|||||||
|
New Jersey |
2 |
69,019,991.36 |
20.85% |
(2) |
4.9599 |
1.246348 |
|||||||
|
New York |
1 |
5,789,449.52 |
1.75% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Ohio |
1 |
2,627,906.62 |
0.79% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Oklahoma |
1 |
4,681,902.73 |
1.41% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Tennessee |
3 |
11,857,251.03 |
3.58% |
(6) |
4.5735 |
2.174775 |
|||||||
|
Texas |
1 |
26,382,787.90 |
7.97% |
(4) |
4.7000 |
0.556700 |
|||||||
|
Virginia |
1 |
7,340,015.17 |
2.22% |
(7) |
4.6266 |
2.061900 |
|||||||
|
Wisconsin |
1 |
10,229,400.23 |
3.09% |
(2) |
4.5890 |
0.802500 |
|||||||
|
Totals |
28 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
|||||||
|
Note: Please refer to footnotes on the next page of the report. |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 11 of 28 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Note Rate |
Seasoning |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Note Rate |
WAM² |
WAC |
Seasoning |
WAM² |
WAC |
|||||||||
|
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||||
|
4.7499% or less |
7 |
221,860,426.26 |
67.03% |
(4) |
4.5042 |
1.438016 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.7500% to 4.9999% |
2 |
46,635,897.49 |
14.09% |
(2) |
4.7932 |
1.505324 |
13 to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
5.0000% or greater |
2 |
62,502,224.68 |
18.88% |
(2) |
5.4835 |
1.494846 |
25 to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
37 to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
49 months or greater |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
||||||||
|
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
||||||||
|
(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 28 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Anticipated Remaining Term (ARD and Balloon Loans) |
Remaining Amortization Term (ARD and Balloon Loans) |
|||||||||||||
|
Anticipated |
# Of |
Scheduled |
% Of |
Weighted Avg |
Remaining |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Remaining Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Amortization Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
60 months or less |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
359 months or less |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
|
|
61 to 118 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
360 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
119 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
|
|
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
||||||||
|
(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 28 |
|
Current Mortgage Loan and Property Stratification |
||||||||||||
|
Age of Most Recent NOI |
Remaining Stated Term (Fully Amortizing Loans) |
|||||||||||
|
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||
|
1 to 2 years |
1 |
10,229,400.23 |
3.09% |
(2) |
4.5890 |
0.802500 |
No outstanding loans in this group |
|||||
|
1 year or less |
9 |
294,386,360.30 |
88.94% |
(3) |
4.7374 |
1.561811 |
||||||
|
2 years or greater |
1 |
26,382,787.90 |
7.97% |
(4) |
4.7000 |
0.556700 |
||||||
|
Totals |
11 |
330,998,548.43 |
100.00% |
(3) |
4.7298 |
1.458231 |
||||||
|
(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 28 |
|
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 |
|
|
4 |
656100291 |
OF |
San Diego |
CA |
Actual/360 |
4.423% |
225,088.02 |
88,263.92 |
0.00 |
N/A |
09/06/24 |
-- |
59,093,127.49 |
59,004,863.57 |
10/06/24 |
|
7 |
301991002 |
OF |
Various |
Various |
Actual/360 |
4.627% |
216,083.60 |
72,634.36 |
0.00 |
04/06/24 |
04/06/29 |
-- |
54,453,185.94 |
54,380,551.58 |
09/06/24 |
|
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 |
11/06/24 |
|
10 |
302501010 |
OF |
Kennesaw |
GA |
Actual/360 |
4.360% |
140,771.86 |
64,257.82 |
0.00 |
N/A |
08/01/24 |
-- |
37,494,723.92 |
37,430,466.10 |
07/01/24 |
|
14 |
301880014 |
LO |
Miami Beach |
FL |
Actual/360 |
4.800% |
118,571.73 |
45,386.19 |
0.00 |
N/A |
09/06/24 |
09/06/25 |
28,686,709.58 |
28,641,323.39 |
10/06/24 |
|
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% |
0.00 |
0.00 |
0.00 |
N/A |
09/06/24 |
-- |
26,253,765.93 |
26,253,765.93 |
12/06/22 |
|
20 |
406100226 |
OF |
Beverly Hills |
CA |
Actual/360 |
5.881% |
100,058.91 |
22,111.54 |
0.00 |
N/A |
08/06/24 |
-- |
19,758,110.79 |
19,735,999.25 |
06/06/24 |
|
21 |
302501021 |
RT |
Madera |
CA |
Actual/360 |
4.782% |
74,253.44 |
35,704.26 |
0.00 |
N/A |
09/06/24 |
-- |
18,030,278.36 |
17,994,574.10 |
08/06/24 |
|
36 |
406100233 |
OF |
Milwaukee |
WI |
Actual/360 |
4.589% |
40,505.61 |
20,932.85 |
0.00 |
N/A |
09/06/24 |
-- |
10,250,333.08 |
10,229,400.23 |
05/06/24 |
|
46 |
302501046 |
OF |
Various |
Various |
Actual/360 |
4.510% |
31,887.86 |
32,288.55 |
0.00 |
06/06/24 |
06/06/31 |
-- |
8,210,879.50 |
8,178,590.95 |
11/06/24 |
|
Totals |
1,142,401.33 |
381,579.49 |
0.00 |
331,380,127.92 |
330,998,548.43 |
||||||||||
|
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 15 of 28 |
|
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 |
|
|
4 |
6,990,461.63 |
3,475,560.58 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
312,843.08 |
312,843.08 |
0.00 |
0.00 |
||
|
7 |
37,194,309.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
216,239.05 |
425,963.98 |
0.00 |
0.00 |
||
|
8 |
4,894,528.38 |
2,312,569.19 |
01/01/24 |
06/30/24 |
-- |
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 |
11/06/24 |
7,991,494.72 |
29,934.81 |
174,610.56 |
788,899.44 |
130,521.75 |
0.00 |
||
|
14 |
1,695,170.37 |
983,832.50 |
01/01/24 |
03/31/24 |
02/06/24 |
0.00 |
43,094.58 |
163,710.90 |
163,710.90 |
107,460.02 |
0.00 |
||
|
15 |
8,441,463.00 |
972,517.00 |
01/01/20 |
03/31/20 |
11/06/24 |
8,262,040.46 |
350,505.86 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
16 |
980,049.00 |
0.00 |
-- |
-- |
11/06/24 |
3,814,154.90 |
227,096.60 |
0.00 |
0.00 |
645,539.97 |
0.00 |
||
|
20 |
1,293,932.85 |
372,737.00 |
01/01/24 |
03/31/24 |
-- |
0.00 |
0.00 |
121,915.24 |
610,010.55 |
2,836.91 |
0.00 |
||
|
21 |
1,773,375.35 |
686,452.54 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
109,414.29 |
328,487.94 |
0.00 |
0.00 |
||
|
36 |
411,349.82 |
356,685.91 |
01/01/23 |
06/30/23 |
-- |
0.00 |
0.00 |
61,306.06 |
368,104.13 |
50,576.02 |
0.00 |
||
|
46 |
875,626.00 |
443,282.00 |
01/01/24 |
06/30/24 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
Totals |
67,628,286.74 |
11,090,393.39 |
20,067,690.08 |
650,631.85 |
1,160,039.18 |
2,998,020.02 |
936,934.67 |
0.00 |
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 16 of 28 |
|
Principal Prepayment Detail |
|||||
|
Unscheduled Principal |
Prepayment Penalties |
||||
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
7 |
301991002 |
72,634.36 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
46 |
302501046 |
32,288.55 |
Partial Liquidation (Curtailment) |
0.00 |
0.00 |
|
Totals |
104,922.91 |
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 17 of 28 |
|
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 |
|||||||||||||||||||||
|
11/13/24 |
1 |
54,380,551.58 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
26,382,787.90 |
0 |
0.00 |
2 |
104,922.91 |
0 |
0.00 |
4.729819% |
4.470996% |
(3) |
||
|
10/11/24 |
2 |
83,139,895.52 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
26,382,787.90 |
0 |
0.00 |
1 |
33,616.95 |
0 |
0.00 |
4.729705% |
4.470899% |
(2) |
||
|
09/12/24 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
26,382,787.90 |
0 |
0.00 |
2 |
349,425.48 |
0 |
0.00 |
4.734740% |
4.528603% |
(1) |
||
|
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 |
||
|
(1) Foreclosure and REO Totals are included in the delinquencies aging categories. |
|||||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 18 of 28 |
|
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 |
||
|
4 |
656100291 |
10/06/24 |
0 |
5 |
312,843.08 |
312,843.08 |
0.00 |
59,093,127.50 |
09/12/24 |
1 |
|||||
|
7 |
301991002 |
09/06/24 |
1 |
1 |
216,239.05 |
425,963.98 |
0.00 |
54,380,551.57 |
09/01/23 |
11 |
|||||
|
10 |
302501010 |
07/01/24 |
3 |
5 |
174,610.56 |
788,899.44 |
130,521.75 |
37,690,557.36 |
09/11/24 |
13 |
|||||
|
14 |
301880014 |
10/06/24 |
0 |
B |
163,710.90 |
163,710.90 |
107,460.02 |
28,686,709.58 |
11/18/22 |
1 |
|||||
|
15 |
302501015 |
07/06/21 |
39 |
5 |
0.00 |
0.00 |
1,550,266.80 |
28,080,988.70 |
05/20/20 |
7 |
11/02/21 |
||||
|
16 |
302501016 |
12/06/22 |
22 |
5 |
0.00 |
0.00 |
698,723.94 |
27,263,772.49 |
05/14/20 |
13 |
|||||
|
20 |
406100226 |
06/06/24 |
4 |
5 |
121,915.24 |
610,010.55 |
25,122.55 |
19,851,842.26 |
02/28/24 |
13 |
|||||
|
21 |
302501021 |
08/06/24 |
2 |
5 |
109,414.29 |
328,487.94 |
0.00 |
18,103,628.83 |
09/09/24 |
13 |
|||||
|
36 |
406100233 |
05/06/24 |
5 |
5 |
61,306.06 |
368,104.13 |
55,319.14 |
10,356,358.94 |
02/25/19 |
13 |
|||||
|
Totals |
1,160,039.18 |
2,998,020.02 |
2,567,414.20 |
283,507,537.23 |
|||||||||||
|
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 19 of 28 |
|
Collateral Stratification and Historical Detail |
||||||||
|
Maturity Dates and Loan Status¹ |
||||||||
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|||||
|
Past Maturity |
239,798,083 |
42,766,225 |
170,649,069 |
26,382,788 |
||||
|
0 - 6 Months |
0 |
0 |
0 |
0 |
||||
|
7 - 12 Months |
28,641,323 |
28,641,323 |
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 |
54,380,552 |
0 |
54,380,552 |
0 |
||||
|
> 60 Months |
8,178,591 |
8,178,591 |
0 |
0 |
||||
|
Historical Delinquency Information |
||||||||
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|||
|
Nov-24 |
330,998,548 |
138,591,003 |
54,380,552 |
17,994,574 |
93,649,632 |
26,382,788 |
||
|
Oct-24 |
331,380,128 |
8,210,880 |
142,233,023 |
60,796,504 |
93,756,934 |
26,382,788 |
||
|
Sep-24 |
367,146,009 |
73,781,872 |
0 |
164,329,810 |
102,651,539 |
26,382,788 |
||
|
Aug-24 |
590,405,753 |
436,113,162 |
0 |
18,618,251 |
109,291,552 |
26,382,788 |
||
|
Jul-24 |
645,868,029 |
547,147,027 |
28,151,962 |
10,313,933 |
33,872,319 |
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 |
||
|
(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 20 of 28 |
|
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 |
|
4 |
656100291 |
59,004,863.57 |
59,093,127.50 |
62,400,000.00 |
09/24/24 |
3,455,887.08 |
1.84390 |
06/30/24 |
09/06/24 |
237 |
|
7 |
301991002 |
54,380,551.58 |
54,380,551.57 |
540,100,000.00 |
03/01/14 |
37,194,309.00 |
2.06190 |
12/31/23 |
04/06/29 |
(123) |
|
8 |
302501008 |
42,766,225.43 |
42,766,225.43 |
67,000,000.00 |
06/03/14 |
2,018,763.19 |
1.75210 |
06/30/24 |
09/06/24 |
237 |
|
10 |
302501010 |
37,430,466.10 |
37,690,557.36 |
32,350,000.00 |
09/25/24 |
1,486,756.67 |
1.20850 |
06/30/24 |
08/01/24 |
237 |
|
14 |
301880014 |
28,641,323.39 |
28,686,709.58 |
40,000,000.00 |
03/05/24 |
920,811.50 |
1.87200 |
03/31/24 |
09/06/24 |
237 |
|
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 |
237 |
|
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 |
237 |
|
20 |
406100226 |
19,735,999.25 |
19,851,842.26 |
29,000,000.00 |
09/13/17 |
342,959.00 |
0.93740 |
03/31/24 |
08/06/24 |
237 |
|
21 |
302501021 |
17,994,574.10 |
18,103,628.83 |
28,000,000.00 |
06/24/14 |
608,114.04 |
0.92170 |
06/30/24 |
09/06/24 |
237 |
|
36 |
406100233 |
10,229,400.23 |
10,356,358.94 |
17,500,000.00 |
07/01/14 |
295,842.91 |
0.80250 |
06/30/23 |
09/06/24 |
237 |
|
Totals |
322,819,957.48 |
326,273,762.66 |
906,750,000.00 |
47,865,360.39 |
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 21 of 28 |
|
Specially Serviced Loan Detail - Part 2 |
||||||
|
Servicing |
||||||
|
Property |
Transfer |
Resolution |
||||
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
|
4 |
656100291 |
OF |
CA |
09/12/24 |
1 |
|
|
The loan transferred to Special Servicing effective 9/12/2024 for imminent maturity default. The subject is a Class A 203,613 SF Office property located in San Diego, CA and was built in 2009. The loan matured on 9/6/2024 and the Borrower |
||||||
|
claims that they were unable to payoff due to their largest tenant, Apple (196,734 SF; 97% NRA), having a termination option. The subject has been 100% leased to Apple and Google since 2021. June 2024 financials yielded an NOI DSCR of |
||||||
|
1.41x, compared to NOI DSCRs of 1.43 x and 1.33x for YE 2023 and YE 2022, respectively. An October 2024 inspection reported the asset in excellent condition. There was no deferred maintenance noted during the inspection. Borrower and |
||||||
|
Lender are working towards finalizing a Loan Modification involving an extension of the loan term and a new equity contribution from Borrower. |
||||||
|
7 |
301991002 |
OF |
Various |
09/01/23 |
11 |
|
|
The loan transferred to Special Servicing effective 9/1/2023 for non monetary default. The portfolio consists of 14 NNN office properties across the United States with a concentration in Colorado. The portfolio totals 3,397,782 SF. Portfolio |
||||||
|
occupancy as of YE 2023 is 94.34%. Lender has approved a partial release of the Tulsa property, which occurred on 11/5/24. The loan is one of four pari passu loans. The special servicer is working to board the partial release and expects the |
||||||
|
Loan will return back to the master servicer as a corrected loan in 1Q 2025. |
||||||
|
8 |
302501008 |
OF |
NJ |
09/24/24 |
13 |
|
|
The loan transferred to Special Servicing effective 9/24/2024 for maturity default. The loan matured on 9/6/2024. The subject is a 425,859 SF office property located in Hamilton, NJ and was built in 1981 and renovated in 2003. As of September |
||||||
|
2024, the property was 95% occupied with an annualized YTD NOI DSCR of 2.05x. The PNA has been signed, and the Borrower and special servicer have commenced discussions. The special servicer is evaluating a borrower submitted |
||||||
|
modification of the loan terms, while continuing to evaluate right and remedies outlined under the loan documents. |
||||||
|
10 |
302501010 |
OF |
GA |
09/11/24 |
13 |
|
|
The loan transferred to Special Servicing effective 9/11/2024 for maturity default, after the Borrower failed to pay off the loan by the 8/1/2024 maturity date. The subject is a 367,216 SF office property located in Kennesaw, GA and is comprised of |
||||||
|
three buildings constructed between 1999-2006. As of 9/30/2024, the subject was 51.73% leased. This is compared to YE 2023 and YE 2022 leased occupancies of 56.0% and 63.2%, respectively. The Q3-2024 NOI DSCR is 1.06x. Three |
||||||
|
existing tenants totaling ~13,500 RS F (~3.7% of RBA) are currently negotiating lease extensions. Excluding the three aforementioned tenants, 2.6% of RBA is set to expire by YE 2024 and an additional 11.8% by YE 2025. A site inspection will |
||||||
|
be performed. Borrower has indicated their intent t o relinquish control of the Property and is in discussions with the Lender to facilitate a transition. |
||||||
|
14 |
301880014 |
LO |
FL |
11/18/22 |
1 |
|
|
The loan transferred to Special Servicing effective 11/18/2022. The subject is a 99-room hotel located in Miami Beach, FL and was built in 1939 and renovated in 2011. Loan re-transferred to Special Servicing due to a Judgement lien being |
||||||
|
attached to the Borrower. 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. The property was inspected in May 2024 and was found to be in good condition. A few capital projects are in process including elevator work and chiller work. 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 hired Transwestern as the new leasing broker. The team has engaged |
||||||
|
an architect to design 2nd gen spec suite s as well, as most activity in the market is in the small tenant size range. Overall leasing velocity is down in the CBD and activity is extremely slow. |
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 22 of 28 |
|
Specially Serviced Loan Detail - Part 2 |
||||||||
|
Servicing |
||||||||
|
Property |
Transfer |
Resolution |
||||||
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
||
|
16 |
302501016 |
RT |
NJ |
05/14/20 |
13 |
|||
|
COVID - Loan collateral is a 253,063 sq ft retail center located in Toms River, NJ. Property operations suffered from the impacts of COVID-19 as former tenants totaling 80,000 sq ft vacated the property. After numerous discussions regarding a |
||||||||
|
loan modification, the Borrower decided not to move forward with the bring current. Receiver is in place and foreclosure process is ongoing. A listing agreement regarding a receiver sale of the property has been fully executed and the property is |
||||||||
|
being marketed for s ale. October 2024 inspection reported the property to be in good condition. As of the most recent rent roll, the property is 90% leased by 15 tenants. Strategy is to dual track a receiver sale and foreclosure. |
||||||||
|
20 |
406100226 |
OF |
CA |
02/28/24 |
13 |
|||
|
The loan transferred to Special Servicing effective 2/28/2024 for payment default. The subject is a 68,422 SF office property located in Beverly Hills CA, built in 1961 and renovated in 2006. As of September 2024, occupancy was 71.74%. A PNA |
||||||||
|
was executed with the Borrower on 9/9/24. An October 2024 inspection found the property to be in overall fair condition with some areas of deferred maintenance. |
||||||||
|
21 |
302501021 |
RT |
CA |
09/09/24 |
13 |
|||
|
The loan transferred to Special Servicing effective 9/9/2024 due to a maturity default. The subject is a 297,841 SF leasehold interest retail center located in Madera, California and constructed in phases between 2008-2014. The collateral |
||||||||
|
excluding the leasehold interest is 124,599 SF. Anchor Tenants include: Lowes (170,799 SF), Marshalls (24,000 SF), and Grocery Outlet (18,010 SF). SF Occupancy as of June 2024 is 99.52%. Files are currently under review to determine |
||||||||
|
workout strategies. Counsel has been engaged and the Special Servicer is currently evaluating rights and remedies as outlined in the loan documents. |
||||||||
|
36 |
406100233 |
OF |
WI |
02/25/19 |
13 |
|||
|
The loan transferred to Special Servicing for non monetary default. The subject is a 118072 SF office property located in Milwaukee, WI and was built in 2000. The loan is cash managed. Site inspection is underway. |
||||||||
|
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 23 of 28 |
|
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 24 of 28 |
|
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 |
109,027.75 |
21,741,086.03 |
84.92% |
|
29 |
302501029 |
07/12/24 |
12,893,549.77 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
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 |
85,305,052.84 |
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 |
213,979.38 |
46,255,136.18 |
|||
|
Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 25 of 28 |
|
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 |
10/11/24 |
0.00 |
0.00 |
21,741,086.03 |
0.00 |
0.00 |
(133,909.45) |
0.00 |
0.00 |
22,756,824.78 |
|
02/12/24 |
0.00 |
0.00 |
21,874,995.48 |
0.00 |
0.00 |
24,881.70 |
0.00 |
15,738.75 |
|||
|
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 |
|||
|
29 |
302501029 |
07/25/24 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
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 |
46,255,136.18 |
0.00 |
0.00 |
46,255,136.18 |
0.00 |
1,015,738.75 |
47,270,874.93 |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 26 of 28 |
|
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) |
|
4 |
0.00 |
0.00 |
2,856.71 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
7 |
0.00 |
0.00 |
11,722.56 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
8 |
0.00 |
0.00 |
9,206.62 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
10 |
0.00 |
0.00 |
8,071.78 |
0.00 |
0.00 |
29,934.81 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
14 |
0.00 |
0.00 |
6,175.61 |
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 |
5,651.85 |
0.00 |
0.00 |
0.00 |
0.00 |
99,608.25 |
0.00 |
0.00 |
0.00 |
0.00 |
|
20 |
0.00 |
0.00 |
4,253.48 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
21 |
0.00 |
0.00 |
3,881.52 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
36 |
0.00 |
0.00 |
2,206.67 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
59,706.43 |
0.00 |
0.00 |
29,934.81 |
0.00 |
206,385.25 |
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 |
296,026.49 |
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© 2021 Computershare. All rights reserved. Confidential. |
Page 27 of 28 |
|
Supplemental Notes |
||
|
None |
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|
© 2021 Computershare. All rights reserved. Confidential. |
Page 28 of 28 |