For the monthly distribution period from: May 18, 2021 to June 17, 2021
Commission File Number of issuing entity: 333-165147-01
Central Index Key Number of issuing entity: 0001529658
J.P. Morgan
Chase Commercial Mortgage Securities Trust 2011-C5
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-165147
Central Index Key Number of depositor: 0001013611
J.P. Morgan
Chase Commercial Mortgage Securities Corp.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0000835271
JPMorgan Chase
Bank, National Association
(Exact name of sponsor as specified in its charter)
Bradley J. Horn (212) 834-9708
(Name and telephone number, including area code, of the person to contact in
connection with this filing)
New York
(State or other jurisdiction of incorporation or organization of the issuing
entity)
38-3851352
38-3851353
38-7003224
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
|
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
|
A-1 |
|
|
X |
|
|
A-2 |
|
|
X |
|
|
A-3 |
|
|
X |
|
|
A-SB |
|
|
X |
|
|
X-A |
|
|
X |
|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On June 17, 2021 a distribution was made to holders of the certificates issued by J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-C5.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-C5 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
|
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
|
2 |
26.73% |
4 |
$1,626,431.94 |
No assets securitized by J.P. Morgan Chase Commercial Mortgage Securities Corp. (the "Depositor") and held by J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-C5 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period from May 18, 2021 to June 17, 2021.
The Depositor filed its most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Exchange Act (a "Rule 15Ga-1 Form ABS-15G") on February 11, 2021. The CIK number for the Depositor is 0001013611.
JPMorgan Chase Bank, National Association filed its most recent Rule 15Ga-1 Form ABS-15G for this asset class on February 11, 2021. The CIK number for JPMorgan Chase Bank, National Association is 0000835271.
Except as otherwise disclosed in this report, no material funds are permitted under the Pooling and Servicing Agreement to remain in any transaction account established thereunder after distributions are made from funds in that account to investors on a Distribution Date, or after remittances are made on the applicable remittance date to the Trustee of funds to be distributed to investors on the related Distribution Date, as applicable, other than (a) funds to be distributed on the next distribution date, and (b) funds permitted under the Pooling and Servicing Agreement to be held to pay expenses permitted to be paid or reimbursed thereunder.
Part II - OTHER INFORMATION
Item 6. Significant Obligors of Pool Assets.
The InterContinental Hotel Chicago Mortgage Loan (Loan #1 on Annex A-1 to the Prospectus Supplement of the registrant relating to the issuing entity filed on September 26, 2011 pursuant to Rule 424(b)(5)(the “Prospectus Supplement”)) constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB, as disclosed in the Prospectus Supplement. In accordance with Item 1112(b)(1) of Regulation AB, the most recent unaudited net operating income of the significant obligor was -$11,955,594.00 for the period January 1, 2021 through March 31, 2021.
Truist Bank, formerly known as SunTrust Bank, the lessee at the mortgaged properties that secure the SunTrust Bank Portfolio I Mortgage Loan and the SunTrust Bank Portfolio II Mortgage Loan (Loan # 2 and Loan #13, respectively) on Annex A-1 of the prospectus supplement of the registrant relating to the issuing entity filed on September 26, 2011 pursuant to Rule 424(b)(5)) constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB as disclosed in the prospectus supplement. Financial information required under Item 1112(b) of Regulation AB, for the period January 1, 2021 through March 31, 2021 can be found in the tables below.
|
Definition |
Dollar figures in thousands |
Truist Bank |
|
|
|
Charlotte, NC |
|
|||
|
March 31, 2021 |
|
|||
|
Income and Expense |
|
|||
|
1 |
Number of institutions reporting |
1 |
|
|
|
2 |
Total interest income |
3,256,000 |
|
|
|
3 |
Total interest expense |
135,000 |
|
|
|
4 |
Net interest income |
3,121,000 |
|
|
|
5 |
Provision for credit losses* |
-20,000 |
|
|
|
6 |
Total noninterest income |
1,760,000 |
|
|
|
7 |
Fiduciary activities |
118,000 |
|
|
|
8 |
Service charges on deposit accounts |
258,000 |
|
|
|
9 |
Trading account gains & fees |
95,000 |
|
|
|
10 |
Additional noninterest income |
1,289,000 |
|
|
|
11 |
Total noninterest expense |
3,282,000 |
|
|
|
12 |
Salaries and employee benefits |
1,892,000 |
|
|
|
13 |
Premises and equipment expense |
314,000 |
|
|
|
14 |
Additional noninterest expense |
1,076,000 |
|
|
|
15 |
Pre-tax net operating income |
1,619,000 |
|
|
|
16 |
Securities gains (losses) |
23,000 |
|
|
|
17 |
Applicable income taxes |
321,000 |
|
|
|
18 |
Income before extraordinary items |
1,321,000 |
|
|
|
19 |
Discontinued operations (Extraordinary gains - net)** |
0 |
|
|
|
20 |
Net income attributable to bank and noncontrolling interests |
1,321,000 |
|
|
|
21 |
Net income attributable to noncontrolling interests |
-3,000 |
|
|
|
22 |
Net income attributable to bank |
1,324,000 |
|
|
|
23 |
Net charge-offs |
171,000 |
|
|
|
24 |
Cash dividends |
1,000,000 |
|
|
|
25 |
Sale, conversion, retirement of capital stock, net |
78,000 |
|
|
|
26 |
Net operating income |
1,302,600 |
|
|
|
|
* Note: For institutions that have adopted CECL methodology (ASU 2016-13), this item represents provisions for all credit losses on a consolidated basis. For institutions that have not adopted CECL methodology (ASU 2016-13), this item represents the provision for loan and lease losses. ** Note: Accounting change as of September 2016, Extraordinary Gains, Net now only includes Discontinued Operations Expense. |
|
|
|
|
Definition |
Dollar figures in thousands |
Truist Bank |
|
|
|
|
|
Charlotte, NC |
|
|
|
March 31, 2021 |
|
|||
|
|
|
|
|
|
|
Assets and Liabilities |
||||
|
1 |
Total employees (full-time equivalent) |
49,785 |
||
|
2 |
Total assets |
506,471,000 |
||
|
3 |
Cash and due from depository institutions |
31,768,000 |
||
|
4 |
Interest-bearing balances |
26,820,000 |
||
|
5 |
Securities* |
124,583,000 |
||
|
6 |
Federal funds sold & reverse repurchase agreements |
40,000 |
||
|
7 |
Net loans & leases |
287,931,000 |
||
|
8 |
Allowance for loan and lease losses** |
4,764,000 |
||
|
9 |
Trading account assets |
4,602,000 |
||
|
10 |
Bank premises and fixed assets |
4,714,000 |
||
|
11 |
Other real estate owned |
63,000 |
||
|
12 |
Goodwill and other intangibles |
29,049,000 |
||
|
13 |
All other assets |
23,721,000 |
||
|
14 |
Total liabilities and capital |
506,471,000 |
||
|
15 |
Total liabilities |
442,770,000 |
||
|
16 |
Total deposits |
410,067,000 |
||
|
17 |
Interest-bearing deposits |
272,538,000 |
||
|
18 |
Deposits held in domestic offices |
410,067,000 |
||
|
19 |
% insured |
54.76% |
||
|
20 |
Federal funds purchased & repurchase agreements |
248,000 |
||
|
21 |
Trading liabilities |
658,000 |
||
|
22 |
Other borrowed funds |
17,359,000 |
||
|
23 |
Subordinated debt |
5,128,000 |
||
|
24 |
All other liabilities |
9,310,000 |
||
|
25 |
Total equity capital |
63,701,000 |
||
|
26 |
Total bank equity capital |
63,701,000 |
||
|
27 |
Perpetual preferred stock |
0 |
||
|
28 |
Common stock |
24,000 |
||
|
29 |
Surplus |
54,617,000 |
||
|
30 |
Undivided profits |
9,060,000 |
||
|
31 |
Noncontrolling interests in consolidated subsidiaries |
0 |
||
|
|
|
|
||
|
Memoranda: |
|
|||
|
32 |
Noncurrent loans and leases |
3,253,000 |
||
|
33 |
Noncurrent loans that are wholly or partially guaranteed by the U.S. government |
1,974,000 |
||
|
34 |
Income earned, not collected on loans |
1,107,000 |
||
|
35 |
Earning assets |
441,306,000 |
||
|
36 |
Long-term assets (5+ years) |
204,937,000 |
||
|
37 |
Average Assets, year-to-date |
502,707,500 |
||
|
38 |
Average Assets, quarterly |
502,707,500 |
||
|
39 |
Total risk weighted assets |
366,683,160 |
||
|
40 |
Adjusted average assets for leverage capital purposes |
473,802,000 |
||
|
41 |
Life insurance assets |
6,441,000 |
||
|
42 |
General account life insurance assets |
4,333,000 |
||
|
43 |
Separate account life insurance assets |
1,534,000 |
||
|
44 |
Hybrid life insurance assets |
574,000 |
||
|
45 |
Volatile liabilities |
6,320,000 |
||
|
46 |
Insider loans |
37,000 |
||
|
47 |
FHLB advances |
2,874,000 |
||
|
48 |
Loans and leases held for sale |
5,555,000 |
||
|
49 |
Unused loan commitments |
196,076,000 |
||
|
50 |
Tier 1 (core) risk-based capital |
41,210,000 |
||
|
51 |
Tier 2 risk-based capital |
7,105,000 |
||
|
52 |
Total unused commitments |
196,076,000 |
||
|
53 |
Derivatives |
307,563,000 |
||
*Note: For institutions that have adopted CECL Methodology (ASU 2016-13), securities are reported net of allowances for credit losses.
** Note: For institutions that have adopted CECL methodology (ASU 2016-13), this item represents the allowance for credit losses on loans and leases held for investment and allocated transfer risk.
Item 7. Change in Sponsor Interest in the Securities.
None
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
J.P. Morgan Chase Commercial Mortgage Securities Corp.
(Depositor)
/s/ Bradley J. Horn
Bradley J. Horn, Executive Director
Date: June 18, 2021
|
|
For Additional Information, please contact |
||
|
|
J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-C5 |
CTSLink Customer Service |
|
|
|
1-866-846-4526 |
|
|
|
Wells Fargo Bank, N.A. |
Commercial Mortgage Pass-Through Certificates |
Reports Available www.ctslink.com |
|
|
Corporate Trust Services |
Series 2011-C5 |
Payment Date: |
6/17/21 |
|
8480 Stagecoach Circle |
|
Record Date: |
5/28/21 |
|
Frederick, MD 21701-4747 |
|
Determination Date: |
6/11/21 |
|
|
|
DISTRIBUTION DATE STATEMENT |
|
|
|
|
|
|
||||||
|
|
|
Table of Contents |
|
|
|
|
|
|
||||||
|
|
|
STATEMENT SECTIONS |
|
PAGE(s) |
|
|
|
|
|
Certificate Distribution Detail |
|
2 |
|
|
|
|
|
Certificate Factor Detail |
|
3 |
|
|
|
|
|
Reconciliation Detail |
|
4 |
|
|
|
|
|
Other Required Information |
|
5 |
|
|
|
|
|
Cash Reconciliation |
|
6 |
|
|
|
|
|
Ratings Detail |
|
7 |
|
|
|
|
|
Current Mortgage Loan and Property Stratification Tables |
8 - 10 |
|
|
|
|
|
|
Mortgage Loan Detail |
|
11 |
|
|
|
|
|
NOI Detail |
|
12 |
|
|
|
|
|
Principal Prepayment Detail |
|
13 |
|
|
|
|
|
Historical Detail |
|
14 |
|
|
|
|
|
Delinquency Loan Detail |
|
15 |
|
|
|
|
|
Specially Serviced Loan Detail |
|
16 - 17 |
|
|
|
|
|
Advance Summary |
|
18 |
|
|
|
|
|
Modified Loan Detail |
|
19 |
|
|
|
|
|
Historical Liquidated Loan Detail |
|
20 |
|
|
|
|
|
Historical Bond/Collateral Loss Reconciliation Detail |
21 |
|
|
|
|
|
|
Interest Shortfall Reconciliation Detail |
|
22 - 23 |
|
|
|
|
|
Supplemental Reporting |
|
24 |
|
|
|
|
||||||
|
|
Depositor |
Master Servicer |
Special Servicer |
Senior Trust Advisor |
||
|
|
||||||
|
J.P. Morgan Chase Commercial Mortgage |
Midland Loan Services |
Torchlight Loan Services, LLC |
Pentalpha Surveillance LLC |
|||
|
Securities Corp. |
A Division of PNC Bank, N.A. |
701 Brickell Avenue |
PO Box 4839 |
|
||
|
383 Madison Avenue |
10851 Mastin Street, Building 82 |
Suite 2200 |
|
Greenwich, CT 06831 |
||
|
New York, NY 10179 |
Overland Park, KS 66210 |
Miami, FL 33131 |
|
|
|
|
|
|
||||||
|
Contact: |
Brian Baker |
Contact: askmidlandls.com |
Contact: William Clarkson |
Contact: |
Don Simon |
|
|
Phone Number: (212) 834-3813 |
Phone Number: (913) 253-9000 |
Phone Number: (305) 209-9988 |
Phone Number |
(203) 660-6100 |
||
This report is compiled by Wells Fargo Bank, N.A. from information provided by third parties. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of the information.
|
Copyright 2021, Wells Fargo Bank, N.A. |
Page 1 of 24 |
|
|
|
|
|
Certificate Distribution Detail |
|
|
|
|
|||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|
Pass-Through |
|
|
|
|
|
|
|
|
|
|
Class |
CUSIP |
|
Original |
Beginning |
Principal |
Interest |
Prepayment |
Realized Loss / |
Total |
Ending |
Current |
|
|
|
Rate |
Balance |
Balance |
Distribution |
Distribution |
Penalties |
Additional Trust |
Distribution |
Balance |
Subordination |
|
|
|
|
|
|
|
|
|
Fund Expenses |
|
|
Level (1) |
|
|
|||||||||||
|
A-1 |
46636VAA4 |
1.600100% |
49,765,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
A-2 |
46636VAB2 |
3.149100% |
199,727,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
A-3 |
46636VAC0 |
4.171200% |
405,850,000.00 |
29,771,282.08 |
5,973,353.91 |
103,484.98 |
0.00 |
0.00 |
6,076,838.89 |
23,797,928.17 |
92.70% |
|
A-SB |
46636VAD8 |
3.677500% |
65,448,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
A-S |
46636VAK2 |
5.611243% |
86,237,000.00 |
86,237,000.00 |
0.00 |
403,247.31 |
0.00 |
0.00 |
403,247.31 |
86,237,000.00 |
66.27% |
|
B |
46636VAM8 |
5.611243% |
51,485,000.00 |
51,485,000.00 |
0.00 |
240,745.71 |
0.00 |
0.00 |
240,745.71 |
51,485,000.00 |
50.48% |
|
C |
46636VAP1 |
5.611243% |
39,901,000.00 |
39,901,000.00 |
0.00 |
186,578.51 |
0.00 |
0.00 |
186,578.51 |
39,901,000.00 |
38.25% |
|
D |
46636VAR7 |
5.611243% |
65,644,000.00 |
65,644,000.00 |
0.00 |
306,953.70 |
0.00 |
0.00 |
306,953.70 |
65,644,000.00 |
18.13% |
|
E |
46636VAT3 |
4.000000% |
12,871,000.00 |
12,871,000.00 |
0.00 |
37,879.33 |
0.00 |
0.00 |
37,879.33 |
12,871,000.00 |
14.18% |
|
F |
46636VAV8 |
4.000000% |
9,010,000.00 |
9,010,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
9,010,000.00 |
11.42% |
|
G |
46636VAX4 |
4.000000% |
16,732,000.00 |
16,732,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
16,732,000.00 |
6.29% |
|
NR |
46636VAZ9 |
4.000000% |
27,029,910.00 |
20,524,182.50 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
20,524,182.50 |
0.00% |
|
R |
46636VAF3 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
Z |
46636VAG1 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
|
|
|||||||||||
|
Totals |
|
|
1,029,699,910.00 |
332,175,464.58 |
5,973,353.91 |
1,278,889.54 |
0.00 |
0.00 |
7,252,243.45 |
326,202,110.67 |
|
|
|
|||||||||||
|
|
|||||||||||
|
|
|
|
Original |
Beginning |
|
|
|
Ending |
|
|
|
|
Class |
CUSIP |
Pass-Through |
Notional |
Notional |
Interest |
Prepayment |
Total |
Notional |
|
|
|
|
|
|
Rate |
Amount |
Amount |
Distribution |
Penalties |
Distribution |
Amount |
|
|
|
|
|
|||||||||||
|
X-A |
46636VAE6 |
0.369559% |
807,027,000.00 |
116,008,282.08 |
35,726.61 |
0.00 |
35,726.61 |
110,034,928.17 |
|
|
|
|
X-B |
46636VAH9 |
0.440790% |
222,672,910.00 |
216,167,182.50 |
79,403.65 |
0.00 |
79,403.65 |
216,167,182.50 |
|
|
|
|
|
|||||||||||
|
(1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate |
|
|
|
||||||||
|
balance of all classes which are not subordinate to the designated class and dividing the result by (A). |
|
|
|
|
|
|
|
||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
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Page 2 of 24 |
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|
|
Certificate Factor Detail |
|
|
|
|
|
|
|||||||
|
|
|||||||
|
|
|
Beginning |
Principal |
Interest |
Prepayment |
Realized Loss / |
Ending |
|
Class |
CUSIP |
|
|
|
|
Additional Trust |
|
|
|
|
Balance |
Distribution |
Distribution |
Penalties |
|
Balance |
|
|
|
|
|
|
|
Fund Expenses |
|
|
|
|||||||
|
A-1 |
46636VAA4 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
46636VAB2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-3 |
46636VAC0 |
73.35538273 |
14.71813209 |
0.25498332 |
0.00000000 |
0.00000000 |
58.63725063 |
|
A-SB |
46636VAD8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-S |
46636VAK2 |
1,000.00000000 |
0.00000000 |
4.67603592 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
B |
46636VAM8 |
1,000.00000000 |
0.00000000 |
4.67603593 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
C |
46636VAP1 |
1,000.00000000 |
0.00000000 |
4.67603594 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
D |
46636VAR7 |
1,000.00000000 |
0.00000000 |
4.67603589 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
E |
46636VAT3 |
1,000.00000000 |
0.00000000 |
2.94299821 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
F |
46636VAV8 |
1,000.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
G |
46636VAX4 |
1,000.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
NR |
46636VAZ9 |
759.31375650 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
759.31375650 |
|
R |
46636VAF3 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
Z |
46636VAG1 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
|
|||||||
|
|
|
Beginning |
|
|
Ending |
|
|
|
Class |
CUSIP |
Notional |
Interest |
Prepayment |
Notional |
|
|
|
|
|
Amount |
Distribution |
Penalties |
Amount |
|
|
|
|
|||||||
|
X-A |
46636VAE6 |
143.74770866 |
0.04426941 |
0.00000000 |
136.34603076 |
|
|
|
X-B |
46636VAH9 |
970.78348013 |
0.35659322 |
0.00000000 |
970.78348013 |
|
|
|
|
|||||||
|
|
|||||||
|
|
|||||||
|
|
|||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
Page 3 of 24 |
|
|
|
|
|
|
Reconciliation Detail |
|
|
|
|
||
|
Principal Reconciliation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Loan Group |
Stated Beginning Principal |
Unpaid Beginning |
Scheduled Principal |
Unscheduled |
Principal |
Realized Loss |
Stated Ending |
Unpaid Ending |
Current Principal |
||
|
|
Balance |
|
Principal Balance |
|
|
Principal |
Adjustments |
|
Principal Balance |
Principal Balance |
Distribution Amount |
|
|
|||||||||||
|
Total |
332,175,464.58 |
336,033,488.95 |
5,973,353.91 |
0.00 |
0.00 |
0.00 |
326,202,110.67 |
330,350,582.55 |
5,973,353.91 |
||
|
|
|||||||||||
|
Certificate Interest Reconciliation |
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||||
|
|
|
|
Accrued |
Net Aggregate |
Distributable |
Distributable |
|
|
|
Remaining Unpaid |
|
|
|
Accrual |
Accrual |
|
|
|
|
WAC CAP |
Interest |
Interest |
|
|
|
Class |
|
|
Certificate |
Prepayment |
Certificate |
Certificate Interest |
|
|
|
Distributable |
|
|
|
Dates |
Days |
|
|
|
|
|
Shortfall |
Shortfall/(Excess) |
Distribution |
|
|
|
|
|
Interest |
Interest Shortfall |
Interest |
Adjustment |
|
|
|
Certificate Interest |
|
|
|
|||||||||||
|
A-1 |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
A-2 |
N/A |
N/A |
0.00 |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
A-3 |
05/01/2021 - 05/30/2021 |
30 |
103,484.98 |
0.00 |
103,484.98 |
0.00 |
0.00 |
0.00 |
103,484.98 |
0.00 |
|
|
A-SB |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
A-S |
05/01/2021 - 05/30/2021 |
30 |
403,247.31 |
0.00 |
403,247.31 |
0.00 |
0.00 |
0.00 |
403,247.31 |
0.00 |
|
|
X-A |
05/01/2021 - 05/30/2021 |
30 |
35,726.61 |
0.00 |
35,726.61 |
0.00 |
0.00 |
0.00 |
35,726.61 |
0.00 |
|
|
X-B |
05/01/2021 - 05/30/2021 |
30 |
79,403.65 |
0.00 |
79,403.65 |
0.00 |
0.00 |
0.00 |
79,403.65 |
0.00 |
|
|
B |
05/01/2021 - 05/30/2021 |
30 |
240,745.71 |
0.00 |
240,745.71 |
0.00 |
0.00 |
0.00 |
240,745.71 |
0.00 |
|
|
C |
05/01/2021 - 05/30/2021 |
30 |
186,578.51 |
0.00 |
186,578.51 |
0.00 |
0.00 |
0.00 |
186,578.51 |
0.00 |
|
|
D |
05/01/2021 - 05/30/2021 |
30 |
306,953.70 |
0.00 |
306,953.70 |
0.00 |
0.00 |
0.00 |
306,953.70 |
0.00 |
|
|
E |
05/01/2021 - 05/30/2021 |
30 |
42,903.33 |
0.00 |
42,903.33 |
0.00 |
0.00 |
5,024.00 |
37,879.33 |
5,024.00 |
|
|
F |
05/01/2021 - 05/30/2021 |
30 |
30,033.33 |
0.00 |
30,033.33 |
0.00 |
0.00 |
30,033.33 |
0.00 |
73,632.63 |
|
|
G |
05/01/2021 - 05/30/2021 |
30 |
55,773.33 |
0.00 |
55,773.33 |
0.00 |
0.00 |
55,773.33 |
0.00 |
167,319.99 |
|
|
NR |
05/01/2021 - 05/30/2021 |
30 |
68,413.94 |
0.00 |
68,413.94 |
0.00 |
0.00 |
68,413.94 |
0.00 |
1,550,972.57 |
|
|
|
|||||||||||
|
Totals |
|
|
1,553,264.40 |
0.00 |
1,553,264.40 |
0.00 |
0.00 |
159,244.60 |
1,394,019.80 |
1,796,949.19 |
|
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
Page 4 of 24 |
|
|
|
Other Required Information |
|
|
|
|
|
|
|
||||||
|
|
||||||
|
Available Distribution Amount (1) |
7,367,373.71 |
Appraisal Reduction Amount |
|
|
|
|
|
|
||||||
|
|
|
Loan |
Loan |
Appraisal |
Cumulative |
Date Appraisal |
|
Master Servicing Fee Summary |
|
Number |
Group |
Reduction |
ASER |
Reduction |
|
|
|
|
|
Amount |
Amount |
Effected |
|
Current Period Accrued Master Servicing Fees |
26,970.89 |
30286934 |
|
22,673,982.67 |
333,773.63 |
10/13/20 |
|
Less Delinquent Master Servicing Fees |
5,900.68 |
|
|
|
|
|
|
Less Reductions to Master Servicing Fees |
0.00 |
30286921 |
|
1,708,907.75 |
329,405.78 |
2/11/21 |
|
Plus Master Servicing Fees for Delinquent Payments Received |
0.00 |
Total |
|
24,382,890.42 |
663,179.41 |
|
|
Plus Adjustments for Prior Master Servicing Calculation |
0.00 |
|
|
|
|
|
|
Total Master Servicing Fees Collected |
21,070.21 |
|
|
|
|
|
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
(1) The Available Distribution Amount includes any Prepayment Premiums . |
|
|
|
|
|
|
|
|
||||||
|
|
||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
Page 5 of 24 |
|
|
Cash Reconciliation Detail |
|
|
|
|
|||
|
|
|||
|
Total Funds Collected |
|
Total Funds Distributed |
|
|
Interest: |
|
Fees: |
|
|
Scheduled Interest |
1,582,294.79 |
Master Servicing Fee |
26,970.89 |
|
Interest reductions due to Nonrecoverability Determinations |
0.00 |
Trustee Fee - Wells Fargo Bank, N.A. |
1,430.20 |
|
Interest Adjustments |
0.00 |
Senior Trust Advisor Fee - Pentalpha Surveillance LLC |
629.29 |
|
Deferred Interest |
0.00 |
Insurer Fee |
0.00 |
|
ARD Interest |
0.00 |
Miscellaneous Fee |
0.00 |
|
Net Prepayment Interest Shortfall |
0.00 |
Total Fees |
29,030.37 |
|
Net Prepayment Interest Excess |
0.00 |
|
|
|
Extension Interest |
0.00 |
Additional Trust Fund Expenses: |
|
|
Interest Reserve Withdrawal |
0.00 |
Reimbursement for Interest on Advances |
336.17 |
|
Total Interest Collected |
1,582,294.79 |
ASER Amount |
140,073.95 |
|
Principal: |
|
Special Servicing Fee |
18,834.49 |
|
Scheduled Principal |
5,973,353.91 |
Rating Agency Expenses |
0.00 |
|
Unscheduled Principal |
0.00 |
Attorney Fees & Expenses |
0.00 |
|
Principal Prepayments |
0.00 |
Bankruptcy Expense |
0.00 |
|
Collection of Principal after Maturity Date |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
|
Recoveries from Liquidation and Insurance Proceeds |
0.00 |
Non-Recoverable Advances |
0.00 |
|
Excess of Prior Principal Amounts paid |
0.00 |
Workout Delayed Reimbursement Amounts |
0.00 |
|
Curtailments |
0.00 |
Other Expenses |
0.00 |
|
Negative Amortization |
0.00 |
Total Additional Trust Fund Expenses |
159,244.61 |
|
Principal Adjustments |
0.00 |
Interest Reserve Deposit |
0.00 |
|
Total Principal Collected |
5,973,353.91 |
Payments to Certificateholders & Others: |
|
|
Other: |
|
Interest Distribution |
1,394,019.80 |
|
Prepayment Penalties/Yield Maintenance |
0.00 |
Principal Distribution |
5,973,353.91 |
|
Repayment Fees |
0.00 |
Prepayment Penalties/Yield Maintenance |
0.00 |
|
Borrower Option Extension Fees |
0.00 |
Borrower Option Extension Fees |
0.00 |
|
Excess Liquidation Proceeds |
0.00 |
Equity Payments Paid |
0.00 |
|
Net Swap Counterparty Payments Received |
0.00 |
Net Swap Counterparty Payments Paid |
0.00 |
|
Total Other Collected: |
0.00 |
Total Payments to Certificateholders & Others |
7,367,373.71 |
|
Total Funds Collected |
7,555,648.70 |
Total Funds Distributed |
7,555,648.69 |
|
|
|||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
Page 6 of 24 |
|
|
|
|
Ratings Detail |
|
|
|
|
|
||
|
|
||||||||||
|
|
||||||||||
|
|
|
|
Original Ratings |
|
|
Current Ratings (1) |
|
|
||
|
Class |
CUSIP |
|
|
|
|
|
|
|
|
|
|
|
|
Fitch |
Moody's |
Morningstar |
DBRS |
Fitch |
Moody's |
Morningstar |
DBRS |
|
|
|
||||||||||
|
A-1 |
46636VAA4 |
AAA |
Aaa |
AAA |
N/A |
PIF |
N/A |
WE |
N/A |
|
|
A-2 |
46636VAB2 |
AAA |
Aaa |
AAA |
N/A |
PIF |
N/A |
WE |
N/A |
|
|
A-3 |
46636VAC0 |
AAA |
Aaa |
AAA |
AAA |
AAA |
Aaa |
WO |
AAA |
|
|
A-SB |
46636VAD8 |
AAA |
Aaa |
AAA |
AAA |
PIF |
Aaa |
WO |
AAA |
|
|
A-S |
46636VAK2 |
AAA |
Aaa |
AAA |
AAA |
AAA |
Aaa |
WO |
AAA |
|
|
X-A |
46636VAE6 |
AAA |
Aaa |
AAA |
AAA |
AAA |
Aaa |
WO |
AAA |
|
|
X-B |
46636VAH9 |
NR |
Aaa |
AAA |
B(low) |
NR |
Caa2 |
WO |
B(low) |
|
|
B |
46636VAM8 |
AA |
Aa2 |
AA |
AA(high) |
AA |
A1 |
WO |
AA(high) |
|
|
C |
46636VAP1 |
A |
A2 |
A |
AA(low) |
A |
Baa1 |
WO |
AA(low) |
|
|
D |
46636VAR7 |
BBB- |
Baa3 |
BBB- |
BBB(low) |
CCC |
Caa1 |
WO |
BBB(low) |
|
|
E |
46636VAT3 |
BB |
Ba2 |
BB |
BB |
CC |
Caa3 |
WO |
BB |
|
|
F |
46636VAV8 |
B+ |
B1 |
B+ |
B |
CC |
C |
WO |
B |
|
|
G |
46636VAX4 |
B- |
B3 |
B- |
CCC |
C |
C |
WO |
CCC |
|
|
NR |
46636VAZ9 |
NR |
NR |
NR |
N/A |
NR |
NR |
NR |
N/A |
|
|
|
||||||||||
|
NR |
- Designates that the class was not rated by the above agency at the time of original issuance. |
|
|
|
|
|||||
|
X |
- Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. |
|
|
|||||||
|
N/A |
- Data not available this period. |
|
|
|
|
|
|
|
|
|
|
WO |
- Designates that the ratings have been withdrawn. |
|
|
|
|
|
|
|
||
|
1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating |
|
|
||||||||
|
information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed |
|
|||||||||
|
above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. |
|
|||||||||
|
Fitch Ratings, Inc. |
|
Moody's Investors Service, Inc |
|
Morningstar Credit Ratings, LLC |
|
DBRS, Inc. |
|
|
||
|
33 Whitehall Street |
|
7 World Trade Center |
|
4 World Trade Center |
|
333 West Wacker Drive, Suite 1800 |
|
|||
|
New York, NY 10004 |
|
at 250 Greenwich Street |
|
48th Floor |
|
|
Chicago, IL 60606 |
|
||
|
|
|
New York, NY 10007 |
|
New York, NY 10007 |
|
|
|
|
||
|
(212) 908-0500 |
|
(212) 553-1653 |
|
|
(646) 560-4556 |
|
|
(312) 332-3492 |
|
|
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
Page 7 of 24 |
|
|
|
Current Mortgage Loan and Property Stratification Tables |
|
|
|
|
|
||||||
|
|
|||||||||||||
|
|
|
Scheduled Balance |
|
|
|
Aggregate Pool |
|
|
State (3) |
|
|
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
Scheduled |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
# of |
Scheduled |
% of |
WAM |
WAC |
Weighted |
|
|
|
|
Agg. |
|
WAC |
|
State |
|
|
Agg. |
|
|
|
|
Balance |
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
Props |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
|
|
|
Bal. |
|
|
|
|
|
|
Bal. |
|
|
|
|
|
|||||||||||||
|
$9,999,999 or less |
1 |
3,791,464.46 |
1.16 |
1 |
5.4200 |
2.440000 |
Alabama |
2 |
955,506.59 |
0.29 |
1 |
5.4200 |
2.510000 |
|
|
|
|
|
|
|
|
Colorado |
1 |
24,855,896.48 |
7.62 |
1 |
5.0370 |
2.450000 |
|
$10,000,000 to $24,999,999 |
3 |
46,455,143.65 |
14.24 |
1 |
5.2794 |
2.029161 |
Florida |
52 |
23,097,304.51 |
7.08 |
1 |
5.4200 |
2.503736 |
|
$25,000,000 to $49,999,999 |
1 |
26,616,601.01 |
8.16 |
2 |
5.3134 |
1.390000 |
Georgia |
31 |
41,038,834.52 |
12.58 |
2 |
5.3509 |
1.782805 |
|
$50,000,000 to $99,999,999 |
2 |
121,533,743.95 |
37.26 |
2 |
5.6094 |
1.906839 |
Illinois |
3 |
138,416,561.00 |
42.43 |
2 |
5.5864 |
(1.074916) |
|
$100,000,000 or greater |
1 |
127,805,157.60 |
39.18 |
2 |
5.6100 |
(1.390000) |
Maryland |
6 |
5,510,668.37 |
1.69 |
1 |
5.4200 |
2.507443 |
|
|
|
|
|
|
|
|
New Jersey |
1 |
10,987,843.77 |
3.37 |
1 |
5.8060 |
0.410000 |
|
Totals |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
North Carolina |
27 |
67,529,375.30 |
20.70 |
3 |
5.7609 |
1.424132 |
|
|
|
|
|
|
|
|
South Carolina |
5 |
1,612,718.81 |
0.49 |
1 |
5.4200 |
2.506808 |
|
|
|
|
|
|
|
|
Tennessee |
17 |
5,141,432.70 |
1.58 |
1 |
5.4200 |
2.505668 |
|
|
|
|
|
|
|
|
Virginia |
16 |
7,055,968.61 |
2.16 |
1 |
5.4200 |
2.506736 |
|
|
|||||||||||||
|
|
|
|
|
|
|
|
Totals |
161 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
See footnotes on last page of this section. |
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
|
|
Page 8 of 24 |
|
|
|
|
Current Mortgage Loan and Property Stratification Tables |
|
|
|
|
|||||||
|
|
|
|
|
|
|
Aggregate Pool |
|
|
|
|
|
|
|
|
|
Debt Service Coverage Ratio (1) |
|
|
|
|
|
Property Type (3) |
|
|
|
|
||
|
|
|||||||||||||
|
|
|
|
% of |
|
|
|
|
|
|
% of |
|
|
|
|
Debt Service |
# of |
Scheduled |
|
WAM |
WAC |
Weighted |
Property |
# of |
Scheduled |
Agg. |
WAM |
WAC |
Weighted |
|
|
|
|
Agg. |
|
|
|
|
|
|
|
|
|
|
|
Coverage Ratio |
Loans |
Balance |
Bal. |
(2) |
|
Avg DSCR (1) |
Type |
Props |
Balance |
Bal. |
(2) |
|
Avg DSCR (1) |
|
|
|||||||||||||
|
1.40 or less |
4 |
225,991,778.28 |
69.28 |
2 |
5.6355 |
(0.253948) |
Lodging |
1 |
127,805,157.60 |
39.18 |
2 |
5.6100 |
(1.390000) |
|
1.41 to 1.55 |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
Mixed Use |
2 |
10,611,403.40 |
3.25 |
1 |
5.3020 |
2.720000 |
|
1.56 to 1.70 |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
Office |
4 |
26,616,601.01 |
8.16 |
2 |
5.3134 |
1.390000 |
|
1.71 to 2.00 |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
Retail |
154 |
161,168,948.66 |
49.41 |
2 |
5.5301 |
1.901101 |
|
2.01 to 2.3 |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
2.31 or greater |
4 |
100,210,332.39 |
30.72 |
1 |
5.3125 |
2.514706 |
Totals |
161 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
|
|||||||||||||
|
Totals |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|||||||||||||
|
|
|
Note Rate |
|
|
|
|
|
|
Seasoning |
|
|
|
|
|
|
|||||||||||||
|
|
|
|
|
|
|
|
|
|
|
% of |
|
|
|
|
Note |
# of |
Scheduled |
% of |
WAM |
|
Weighted |
|
# of |
Scheduled |
|
WAM |
|
Weighted |
|
|
|
|
Agg. |
|
WAC |
|
Seasoning |
|
|
Agg. |
|
WAC |
|
|
Rate |
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
|
|
|
Bal. |
|
|
|
|
|
|
Bal. |
|
|
|
|
|
|||||||||||||
|
4.74999% or less |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
12 months or less |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
4.75000% to 4.99999% |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
13 to 24 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
5.00000% to 5.24999% |
1 |
24,855,896.48 |
7.62 |
1 |
5.0370 |
2.450000 |
25 to 36 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
5.25000% to 5.49999% |
4 |
101,971,036.92 |
31.26 |
1 |
5.3799 |
2.236907 |
37 to 48 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
5.50000% to 5.74999% |
1 |
127,805,157.60 |
39.18 |
2 |
5.6100 |
(1.390000) |
49 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|||||||||||||
|
5.75000% or greater |
2 |
71,570,019.67 |
21.94 |
3 |
5.8009 |
1.163362 |
Totals |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
Totals |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
|
|
|
|
|
|
|
|
|||||||||||||
|
See footnotes on last page of this section. |
|
|
|
|
|
|
|
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|
|
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|
|
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|
|
|||||||||||||
|
|
|||||||||||||
|
|
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|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
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|
Page 9 of 24 |
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|
|
|
Current Mortgage Loan and Property Stratification Tables |
|
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|
|
||||||||||
|
|
|
|
|
|
|
|
Aggregate Pool |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Anticipated Remaining Term (ARD and Balloon Loans) |
|
|
|
|
|
|
|
|||||
|
|
|||||||||||||||||
|
|
|
|
|
|
|
|
|
% of |
|
|
|
|
|
|
|
|
|
|
|
|
Anticipated Remaining |
# of |
Scheduled |
|
WAM |
WAC |
Weighted |
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
Agg. |
|
|
|
|
|
|
|
|
|
|
|
|
|
Term (2) |
|
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
Bal. |
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
|
|
|
60 months or less |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
|
|
|
|
|||
|
|
|
|
61 to 84 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|||
|
|
|
85 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
||||
|
|
|||||||||||||||||
|
|
|
|
Totals |
|
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
|
|
|
|
||
|
|
|||||||||||||||||
|
Remaining Amortization Term (ARD and Balloon Loans) |
|
|
|
|
|
|
Age of Most Recent NOI |
|
|
|
|||||||
|
|
|||||||||||||||||
|
|
|
|
% of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Remaining Amortization |
# of |
Scheduled |
|
WAM |
|
Weighted |
|
Age of Most |
|
# of |
Scheduled |
% of |
WAM |
WAC |
Weighted |
||
|
|
|
|
Agg. |
|
WAC |
|
|
|
|
|
|
|
|
Agg. |
|
|
|
|
Term |
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
|
Recent NOI |
|
Loans |
Balance |
|
(2) |
|
Avg DSCR (1) |
||
|
|
|
|
Bal. |
|
|
|
|
|
|
|
|
|
|
Bal. |
|
|
|
|
|
|||||||||||||||||
|
Interest Only |
2 |
64,743,032.51 |
19.85 |
1 |
5.4200 |
2.505901 |
Underwriter's Information |
3 |
91,359,633.52 |
28.01 |
1 |
5.3889 |
2.180796 |
||||
|
330 months or less |
6 |
261,459,078.16 |
80.15 |
2 |
5.5651 |
0.123804 |
|
1 year or less |
|
4 |
174,260,301.25 |
53.42 |
2 |
5.5219 |
(0.478504) |
||
|
331 months to 336 months |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|
1 to 2 years |
|
1 |
60,582,175.90 |
18.57 |
3 |
5.8000 |
1.300000 |
||
|
337 months or greater |
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
2 years or greater |
|
0 |
0.00 |
0.00 |
0 |
0.0000 |
0.000000 |
|||
|
|
|||||||||||||||||
|
Totals |
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
|
Totals |
|
8 |
326,202,110.67 |
100.00 |
2 |
5.5363 |
0.596591 |
||
|
|
|||||||||||||||||
|
(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 the related mortgage loan as disclosed in the offering document. |
|||||||||||||||||
|
The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the “State” and |
|||||||||||||||||
|
“Property” stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split loan structure. The “State” and |
|||||||||||||||||
|
“Property” stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a “hope note”) of a loan that has been modified into a split-loan structure. Rather, the scheduled |
|||||||||||||||||
|
balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure. |
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|
|||||||||||||
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|
|||||||||||||||||
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|
|||||||||||||||||
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|
|||||||||||||||||
|
|
|||||||||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 10 of 24 |
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|
|
Mortgage Loan Detail |
|
|
|
|
|
|
|
|
|
|||||
|
|
|||||||||||||||||||||||||||
|
Loan |
|
|
Property |
|
|
|
|
Interest |
Principal |
Gross |
Anticipated |
Maturity |
Neg. |
Beginning |
|
Ending |
Paid |
Appraisal |
Appraisal |
Res. |
Mod. |
||||||
|
Number |
ODCR |
Type (1) |
|
|
City |
State |
Payment |
Payment |
Coupon |
Repayment |
Date |
|
Amort |
Scheduled |
|
Scheduled |
Thru |
Reduction |
Reduction |
Strat. |
Code |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date |
|
|
|
(Y/N) |
Balance |
|
Balance |
Date |
Date |
|
Amount |
(2) |
(3) |
|
|
|||||||||||||||||||||||||||
|
30286923 |
1 |
LO |
Chicago |
IL |
618,443.49 |
214,885.60 |
5.610% |
N/A |
|
8/1/21 |
N |
128,020,043.20 |
127,805,157.60 |
6/1/21 |
|
|
|
|
|
||||||||
|
30286916 |
2 |
RT |
Various |
Various |
284,474.51 |
|
0.00 |
5.420% |
7/1/21 |
|
7/1/31 |
N |
60,951,568.05 |
|
60,951,568.05 |
6/1/21 |
|
|
|
|
|
||||||
|
30286934 |
3 |
RT |
Asheville |
NC |
303,520.97 |
189,541.53 |
5.800% |
N/A |
|
9/1/21 |
N |
60,771,717.43 |
|
60,582,175.90 |
2/1/21 |
10/13/20 22,673,982.67 |
2 |
|
|||||||||
|
30286921 |
9 |
OF |
Various |
GA |
122,244.02 |
100,905.98 |
5.313% |
N/A |
|
8/1/21 |
N |
26,717,506.99 |
|
26,616,601.01 |
1/1/18 |
2/11/21 1,708,907.75 |
7 |
|
|||||||||
|
30286913 |
10 |
RT |
Lakewood |
CO |
107,996.66 |
42,947.19 |
5.037% |
N/A |
|
7/1/21 |
N |
24,898,843.67 |
|
24,855,896.48 |
6/1/21 |
|
|
|
|
|
|||||||
|
30286917 |
13 |
RT |
Various |
Various |
17,695.61 |
|
0.00 |
5.420% |
7/1/21 |
|
7/1/31 |
N |
3,791,464.46 |
|
3,791,464.46 |
6/1/21 |
|
|
|
|
|
||||||
|
30286918 |
23 |
RT |
Edison |
NJ |
55,041.37 |
21,286.20 |
5.806% |
N/A |
|
7/1/21 |
N |
11,009,129.97 |
|
10,987,843.77 |
6/1/21 |
|
|
|
|
|
|||||||
|
30286907 |
24 |
MU |
Chicago |
IL |
48,549.21 |
22,267.97 |
5.302% |
N/A |
|
7/1/21 |
N |
10,633,671.37 |
|
10,611,403.40 |
6/1/21 |
|
|
|
|
|
|||||||
|
30286902 |
34 |
OF |
Houston |
TX |
24,328.95 |
5,381,519.44 |
5.250% |
N/A |
|
6/1/21 |
N |
5,381,519.44 |
|
0.00 |
6/1/21 |
|
|
|
|
|
|||||||
|
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
Totals |
|
|
|
|
|
|
|
1,582,294.79 |
5,973,353.91 |
|
|
|
|
|
|
332,175,464.58 |
326,202,110.67 |
|
|
24,382,890.42 |
|
|
|||||
|
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
|
|
|
(1) Property Type Code |
|
|
|
|
|
(2) Resolution Strategy Code |
|
|
|
|
|
(3) Modification Code |
|
|
|
|||||||||
|
MF |
- |
Multi-Family |
|
SS |
- |
Self Storage |
|
1 |
- Modification |
7 |
- REO |
|
11 |
- |
Full Payoff |
|
1 - |
Maturity Date Extension |
6 |
- Capitalization on Interest |
|||||||
|
RT |
- |
Retail |
|
98 |
- |
Other |
|
2 |
- Foreclosure |
8 |
- Resolved |
12 |
- |
Reps and Warranties |
2 - |
Amortization Change |
7 |
- Capitalization on Taxes |
|||||||||
|
HC |
- |
Health Care |
|
SE |
- |
Securities |
|
3 |
- Bankruptcy |
9 |
- Pending Return |
13 |
- |
TBD |
|
3 - |
Principal Write-Off |
8 |
- Other |
|
|
||||||
|
IN |
- |
Industrial |
|
CH |
- |
Cooperative Housing |
4 |
- Extension |
|
to Master Servicer |
98 |
- |
Other |
|
4 - |
Blank |
|
9 |
- Combination |
|
|
||||||
|
MH |
- |
Mobile Home Park |
WH - |
Warehouse |
|
5 |
- Note Sale |
10 - Deed in Lieu Of |
|
|
|
|
|
5 - Temporary Rate Reduction |
10 |
- Forbearance |
|
|
|||||||||
|
OF |
- |
Office |
|
ZZ |
- |
Missing Information |
6 |
- DPO |
|
|
Foreclosure |
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
MU |
- |
Mixed Use |
|
SF |
- |
Single Family |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LO |
- |
Lodging |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 11 of 24 |
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|||||||
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|
|
NOI Detail |
|
|
|
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|
|
|
|
|||||||||||
|
Loan |
|
|
|
|
|
Ending |
Most |
Most |
Most Recent |
Most Recent |
|
|
Number |
ODCR |
Property |
City |
State |
Scheduled |
Recent |
Recent |
NOI Start |
NOI End |
|
|
|
|
|
Type |
|
|
|
Balance |
Fiscal NOI |
NOI |
Date |
Date |
|
|
|
|||||||||||
|
30286923 |
1 |
Lodging |
Chicago |
|
IL |
127,805,157.60 |
(13,520,569.51) |
0.00 |
|
|
|
|
30286916 |
2 |
Retail |
Various |
|
Various |
60,951,568.05 |
12,087,736.58 |
3,131,760.47 |
|
|
|
|
30286934 |
3 |
Retail |
Asheville |
|
NC |
60,582,175.90 |
0.00 |
0.00 |
|
|
|
|
30286921 |
9 |
Office |
Various |
|
GA |
26,616,601.01 |
0.00 |
0.00 |
|
|
|
|
30286913 |
10 |
Retail |
Lakewood |
|
CO |
24,855,896.48 |
5,213,647.50 |
1,185,524.58 |
1/1/21 |
3/31/21 |
|
|
30286917 |
13 |
Retail |
Various |
|
Various |
3,791,464.46 |
1,448,226.00 |
48,997.00 |
|
|
|
|
30286918 |
23 |
Retail |
Edison |
|
NJ |
10,987,843.77 |
1,484,536.62 |
119,981.96 |
1/1/21 |
3/31/21 |
|
|
30286907 |
24 |
Mixed Use |
Chicago |
|
IL |
10,611,403.40 |
1,381,051.76 |
599,305.97 |
1/1/21 |
3/31/21 |
|
|
30286902 |
34 |
Office |
Houston |
|
TX |
0.00 |
761,590.56 |
82,791.25 |
1/1/21 |
3/31/21 |
|
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
|
|||||||||||
|
Total |
|
|
|
|
|
326,202,110.67 |
|
|
|
|
|
|
|
|||||||||||
|
|
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 12 of 24 |
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Principal Prepayment Detail |
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|
Loan Number |
Loan Group |
Offering Document |
Principal Prepayment Amount |
Prepayment Penalties |
|
|
|
|
|
Cross-Reference |
Payoff Amount |
Curtailment Amount |
Prepayment Premium Yield Maintenance Premium |
|
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|
|
No Principal Prepayments this Period |
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||
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||||||
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||||||
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||||||
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||||||
|
Totals |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 13 of 24 |
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Historical Detail |
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||
|
|
|
|
|
Delinquencies |
|
|
|
|
|
|
|
|
|
Prepayments |
Rate and Maturities |
||||
|
Distribution |
|
30-59 Days |
|
60-89 Days |
90 Days or More |
|
Foreclosure |
|
REO |
|
Modifications |
|
Curtailments |
|
Payoff |
Next Weighted Avg. |
WAM |
||
|
Date |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Balance |
# |
Amount |
# |
Amount |
Coupon |
Remit |
|
|
6/17/21 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.536297% |
2 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$87,198,776.91 |
|
$0.00 |
|
$26,616,601.01 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.434894% |
|
|
|
5/17/21 |
0 |
|
1 |
|
1 |
|
0 |
|
1 |
|
0 |
|
0 |
|
3 |
|
5.531726% |
3 |
|
|
|
|
$0.00 |
|
$60,771,717.43 |
|
$26,717,506.99 |
|
$0.00 |
|
$26,717,506.99 |
|
$0.00 |
|
$0.00 |
|
$12,190,492.91 |
5.430235% |
|
|
|
4/16/21 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
1 |
|
5.523752% |
4 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$87,791,985.27 |
|
$0.00 |
|
$26,821,894.11 |
|
$0.00 |
|
$0.00 |
|
$7,195,931.59 |
5.422424% |
|
|
|
3/17/21 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
1 |
|
5.527919% |
5 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$88,079,569.96 |
|
$0.00 |
|
$26,921,865.06 |
|
$0.00 |
|
$0.00 |
|
$15,930,000.00 |
5.426477% |
|
|
|
2/18/21 |
0 |
|
1 |
|
1 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.525724% |
6 |
|
|
|
|
$0.00 |
|
$61,373,902.90 |
|
$27,033,296.06 |
|
$0.00 |
|
$27,033,296.06 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424040% |
|
|
|
1/15/21 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.525798% |
7 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$88,691,814.01 |
|
$0.00 |
|
$27,132,304.16 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424121% |
|
|
|
12/17/20 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.525872% |
8 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$88,975,055.72 |
|
$0.00 |
|
$27,230,861.32 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424200% |
|
|
|
11/18/20 |
0 |
|
1 |
|
1 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.525950% |
9 |
|
|
|
|
$0.00 |
|
$61,937,890.43 |
|
$27,332,985.42 |
|
$0.00 |
|
$27,332,985.42 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424285% |
|
|
|
10/19/20 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.526022% |
10 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$89,551,323.13 |
|
$0.00 |
|
$27,430,628.56 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424363% |
|
|
|
9/17/20 |
0 |
|
0 |
|
2 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.526099% |
11 |
|
|
|
|
$0.00 |
|
$0.00 |
|
$89,844,451.62 |
|
$0.00 |
|
$27,531,872.02 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424446% |
|
|
|
8/17/20 |
0 |
|
1 |
|
1 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.526170% |
12 |
|
|
|
|
$0.00 |
|
$62,493,521.68 |
|
$27,628,609.31 |
|
$0.00 |
|
$27,628,609.31 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424523% |
|
|
|
7/17/20 |
1 |
|
0 |
|
1 |
|
0 |
|
1 |
|
0 |
|
0 |
|
0 |
|
5.526240% |
13 |
|
|
|
|
$62,673,564.54 |
|
$0.00 |
|
$27,724,906.00 |
|
$0.00 |
|
$27,724,906.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
5.424599% |
|
|
|
Note: Foreclosure and REO Totals are included in the delinquencies aging categories. |
|
|
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 14 of 24 |
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Delinquency Loan Detail |
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|||||
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|
||||||||||||||||||||||
|
|
|
Offering |
# of |
|
Current |
Outstanding |
Status of |
Resolution |
|
|
|
Actual |
|
Outstanding |
|
|
|
|||||
|
Loan Number |
Document |
Months |
Paid Through |
P & I |
P & I |
|
Mortgage |
Strategy |
Servicing |
Foreclosure |
Principal |
|
Servicing |
|
Bankruptcy |
REO |
||||||
|
|
|
Cross-Reference |
Delinq. |
Date |
Advances |
Advances ** |
Loan (1) |
Code (2) |
Transfer Date |
|
Date |
Balance |
|
Advances |
|
Date |
Date |
|||||
|
|
||||||||||||||||||||||
|
30286934 |
|
3 |
3 |
2/1/21 |
376,301.89 |
1,738,336.53 |
3 |
2 |
6/25/20 |
|
|
61,373,902.90 |
897.00 |
|
|
|||||||
|
30286921 |
|
9 |
40 |
1/1/18 |
193,393.54 |
8,687,432.20 |
6 |
7 |
12/8/17 |
|
|
29,973,345.89 |
163,061.31 |
|
11/6/18 |
|||||||
|
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||
|
|
Totals |
|
2 |
|
|
569,695.44 |
10,425,768.73 |
|
|
|
|
|
91,347,248.79 |
163,958.31 |
|
|
||||||
|
Totals By Delinquency Code: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Total for Status Code |
= |
3 (1 loan) |
|
376,301.89 |
1,738,336.53 |
|
|
|
|
|
61,373,902.90 |
897.00 |
|
|
||||||||
|
Total for Status Code |
= |
6 (1 loan) |
|
193,393.54 |
8,687,432.20 |
|
|
|
|
|
29,973,345.89 |
163,061.31 |
|
|
||||||||
|
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||
|
|
|
|
|
|
|
(1) Status of Mortgage Loan |
|
|
|
|
|
|
|
|
|
(2) Resolution Strategy Code |
|
|
||||
|
A |
- Payment Not Received |
0 |
- Current |
|
4 |
- |
Performing Matured Balloon |
1 - |
Modification |
7 |
- |
REO |
|
11 |
- Full Payoff |
|
||||||
|
|
But Still in Grace Period |
1 |
- 30-59 Days Delinquent |
5 |
- |
Non Performing Matured Balloon |
2 - |
Foreclosure |
8 |
- |
Resolved |
|
12 |
- Reps and Warranties |
||||||||
|
|
Or Not Yet Due |
|
2 |
- 60-89 Days Delinquent |
6 |
- |
121+ Days Delinquent |
|
3 - |
Bankruptcy |
9 |
- |
Pending Return |
13 |
- TBD |
|
||||||
|
B |
- Late Payment But Less |
3 |
- 90-120 Days Delinquent |
|
|
|
|
|
|
4 - |
Extension |
|
|
to Master Servicer |
98 |
- Other |
|
|||||
|
|
Than 30 Days Delinquent |
|
|
|
|
|
|
|
|
|
5 - |
Note Sale |
10 - |
Deed In Lieu Of |
|
|
|
|||||
|
** Outstanding P & I Advances include the current period advance. |
|
|
|
|
|
|
6 - |
DPO |
|
|
Foreclosure |
|
|
|
||||||||
|
|
||||||||||||||||||||||
|
|
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|
|
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|
|
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|
Copyright 2021, Wells Fargo Bank, N.A. |
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|
Page 15 of 24 |
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|
Specially Serviced Loan Detail - Part 1 |
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|
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|
||||||
|
|
|||||||||||||||||||||
|
|
Offering |
|
Servicing |
Resolution |
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
Remaining |
|
Loan |
|
|
|
|
|
|
Scheduled |
Property |
|
|
Interest |
Actual |
|
|
|
DSCR |
|
|
Note |
Maturity |
|
|
|
Document |
|
Transfer |
Strategy |
|
|
|
|
|
State |
|
|
Operating |
|
DSCR |
|
|
|
Amortization |
||
|
Number |
|
|
|
|
|
|
Balance |
Type (2) |
|
|
Rate |
Balance |
|
|
|
Date |
|
|
Date |
Date |
|
|
|
Cross-Reference |
|
Date |
Code (1) |
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
Term |
||
|
|
|||||||||||||||||||||
|
30286934 |
3 |
|
6/25/20 |
2 |
|
|
60,582,175.90 |
RT |
|
NC |
5.800% |
61,373,902.90 |
7,669,331.00 |
12/31/19 |
1.30 |
|
10/1/11 |
9/1/21 |
182 |
||
|
30286921 |
9 |
|
12/8/17 |
7 |
|
|
26,616,601.01 |
OF |
|
GA |
5.313% |
29,973,345.89 |
3,708,949.00 |
|
1.39 |
|
9/1/11 |
8/1/21 |
241 |
||
|
|
|||||||||||||||||||||
|
|
|||||||||||||||||||||
|
|
|||||||||||||||||||||
|
|
|||||||||||||||||||||
|
|
|
|
|
|
(1) Resolution Strategy Code |
|
|
|
|
|
|
(2) Property Type Code |
|
|
|
|
|||||
|
|
1 |
- |
Modification |
7 |
- |
REO |
|
11 |
- Full Payoff |
|
MF |
- |
Multi-Family |
SS |
- |
Self Storage |
|
|
|||
|
|
2 |
- |
Foreclosure |
8 |
- |
Resolved |
|
12 |
- Reps and Warranties |
|
RT |
- |
Retail |
|
98 |
- |
Other |
|
|
||
|
|
3 |
- |
Bankruptcy |
9 |
- |
Pending Return |
13 |
- TBD |
|
|
HC |
- |
Health Care |
SE |
- |
Securities |
|
|
|||
|
|
4 |
- |
Extension |
|
|
|
to Master Servicer |
98 |
- Other |
|
|
IN |
- |
Industrial |
CH - |
Cooperative Housing |
|
||||
|
|
5 |
- |
Note Sale |
|
10 - |
Deed in Lieu Of |
|
|
|
|
MH |
- |
Mobile Home Park |
WH - |
Warehouse |
|
|
||||
|
|
6 |
- |
DPO |
|
|
|
Foreclosure |
|
|
|
|
|
OF |
- |
Office |
|
ZZ |
- |
Missing Information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MU |
- |
Mixed Use |
SF |
- |
Single Family |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LO |
- |
Lodging |
|
|
|
|
|
|
|
|
|||||||||||||||||||||
|
|
|||||||||||||||||||||
|
|
|||||||||||||||||||||
|
|
|||||||||||||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
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|
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|
Page 16 of 24 |
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|
|
Specially Serviced Loan Detail - Part 2 |
|
||||||
|
|
||||||||||||
|
|
Offering |
Resolution |
Site |
|
|
|
|
|
|
|
|
|
|
Loan |
|
|
|
|
Appraisal |
Appraisal |
Other REO |
|
|
|
||
|
|
Document |
Strategy |
Inspection |
Phase 1 Date |
|
|
|
|
|
Comments from Special Servicer |
|
|
|
Number |
|
|
|
|
Date |
Value |
|
Property Revenue |
|
|
|
|
|
|
Cross-Reference |
Code (1) |
Date |
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
30286934 |
3 |
2 |
|
|
6/28/11 |
123,000,000.00 |
Special Servicer comments are not available for this cycle. |
|
||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
30286921 |
9 |
7 |
|
|
|
44,100,000.00 |
|
Special Servicer comments are not available for this cycle. |
|
|||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
|
|
|
|
|
(1) Resolution Strategy Code |
|
|
|
|||
|
|
||||||||||||
|
|
|
|
|
1 |
- Modification |
7 |
- |
REO |
|
11 - |
Full Payoff |
|
|
|
|
|
|
2 |
- Foreclosure |
8 |
- |
Resolved |
12 - |
Reps and Warranties |
|
|
|
|
|
|
|
3 |
- Bankruptcy |
9 |
- |
Pending Return |
13 - |
TBD |
|
|
|
|
|
|
|
4 |
- Extension |
|
|
to Master Servicer |
98 - |
Other |
|
|
|
|
|
|
|
5 |
- Note Sale |
10 |
- |
Deed in Lieu Of |
|
|
|
|
|
|
|
|
|
6 |
- DPO |
|
|
Foreclosure |
|
|
|
|
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
|
|
|
|
Page 17 of 24 |
||
|
|
|
|
Advance Summary |
|
|
|
|
|
||||||
|
|
|
Current P&I |
Outstanding P&I |
Outstanding Servicing |
Current Period Interest |
|
|
|
Loan Group |
|
|
|
on P&I and Servicing |
|
|
|
|
Advances |
Advances |
Advances |
Advances Paid |
|
|
|
Totals |
569,695.44 |
10,425,768.73 |
0.00 |
336.17 |
|
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
|
Copyright 2021, Wells Fargo Bank, N.A. |
|
|
|
|
|
Page 18 of 24 |
|
|
|
|
Modified Loan Detail |
|
|
||
|
|
|||||||
|
Offering |
|
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Loan |
Pre-Modification |
Post-Modification |
Pre-Modification Post-Modification |
Modification |
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Document |
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Modification Description |
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Number |
Balance |
Balance |
Interest Rate |
Interest Rate |
Date |
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Cross-Reference |
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No Modified Loans |
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Totals |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 19 of 24 |
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Historical Liquidated Loan Detail |
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|
Beginning |
Fees, |
Most Recent |
Gross Sales |
Net Proceeds |
Net Proceeds |
|
Date of Current |
Current Period |
Cumulative |
Loss to Loan |
|
Distribution |
|
|
|
|
|
|
|
Realized |
|
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|
ODCR |
Scheduled |
Advances, |
Appraised Value |
Proceeds or |
Received on |
Available for |
|
Period Adj. |
Adjustment |
Adjustment |
with Cum |
|
Date |
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Loss to Trust |
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|
Balance |
and Expenses * |
or BPO |
Other Proceeds |
Liquidation |
Distribution |
|
to Trust |
to Trust |
to Trust |
Adj. to Trust |
|
2/15/19 |
20 |
14,822,500.00 |
0.00 |
27,500,000.00 |
3,017,571.79 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
|
10/18/19 |
25 |
10,105,908.98 |
2,852,589.55 |
10,990,000.00 |
11,738,684.83 |
11,274,526.48 |
8,421,936.93 |
1,683,972.05 |
|
0.00 |
0.00 |
1,683,972.05 |
|
7/17/18 |
29 |
9,463,558.24 |
2,030,477.80 |
6,800,000.00 |
6,666,493.07 |
6,666,493.07 |
4,636,015.27 |
4,827,542.97 |
|
0.00 |
7,571.67 |
4,819,971.30 |
|
6/17/14 |
36 |
5,652,310.27 |
318,937.78 |
5,000,000.00 |
5,937,147.92 |
5,937,147.92 |
5,618,210.14 |
34,100.13 |
|
0.00 |
32,315.74 |
1,784.39 |
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Current Total |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
0.00 |
0.00 |
0.00 |
|
|
Cumulative Total |
40,044,277.49 |
5,202,005.13 |
50,290,000.00 |
27,359,897.61 |
23,878,167.47 |
18,676,162.34 |
6,545,615.15 |
|
0.00 |
39,887.41 |
6,505,727.74 |
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Liquidated Loan Count |
4 |
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* Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 20 of 24 |
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Historical Bond/Collateral Loss Reconciliation Detail |
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Distribution |
Offering |
Beginning |
Aggregate |
Prior Realized |
Amts Covered by |
Interest |
Modification |
Additional |
Realized Loss |
Recoveries of |
(Recoveries)/ |
|
|
Document |
Balance |
Realized Loss |
Loss Applied |
Credit Support/ |
(Shortages)/ |
/Appraisal |
(Recoveries) |
Applied to |
Realized Losses |
Losses Applied to |
|
Date |
Cross-Reference |
at Liquidation |
on Loans |
to Certificates |
Deal Structure |
Excesses |
Reduction Adj. |
/Expenses |
Certificates to Date |
Paid as Cash |
Certificate Interest |
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2/15/19 |
20 |
14,822,500.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
10/18/19 |
25 |
10,105,908.98 |
1,683,972.05 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1,683,972.05 |
0.00 |
0.00 |
|
7/17/18 |
29 |
9,463,558.24 |
4,827,542.97 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
4,827,542.97 |
0.00 |
0.00 |
|
9/17/18 |
29 |
9,463,558.24 |
4,794,210.50 |
4,827,542.97 |
0.00 |
0.00 |
0.00 |
(33,332.47) |
4,794,210.50 |
0.00 |
0.00 |
|
11/19/18 |
29 |
9,463,558.24 |
4,819,428.64 |
4,794,210.50 |
0.00 |
0.00 |
0.00 |
25,218.14 |
4,819,428.64 |
0.00 |
0.00 |
|
3/15/19 |
29 |
9,463,558.24 |
4,819,630.64 |
4,819,428.64 |
0.00 |
0.00 |
0.00 |
202.00 |
4,819,630.64 |
0.00 |
0.00 |
|
1/17/20 |
29 |
9,463,558.24 |
4,819,971.30 |
4,819,630.64 |
0.00 |
0.00 |
0.00 |
340.66 |
4,819,971.30 |
0.00 |
0.00 |
|
6/17/14 |
36 |
5,652,310.27 |
34,100.13 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
34,100.13 |
0.00 |
0.00 |
|
7/17/14 |
36 |
5,652,310.27 |
0.00 |
34,100.13 |
0.00 |
0.00 |
0.00 |
(34,100.13) |
0.00 |
0.00 |
0.00 |
|
1/16/15 |
36 |
5,652,310.27 |
93.67 |
0.00 |
0.00 |
0.00 |
0.00 |
93.67 |
93.67 |
0.00 |
0.00 |
|
3/17/15 |
36 |
5,652,310.27 |
222.87 |
93.67 |
0.00 |
0.00 |
0.00 |
129.20 |
222.87 |
0.00 |
0.00 |
|
6/17/15 |
36 |
5,652,310.27 |
612.87 |
222.87 |
0.00 |
0.00 |
0.00 |
390.00 |
612.87 |
0.00 |
0.00 |
|
9/17/15 |
36 |
5,652,310.27 |
752.87 |
612.87 |
0.00 |
0.00 |
0.00 |
140.00 |
752.87 |
0.00 |
0.00 |
|
6/17/16 |
36 |
5,652,310.27 |
1,644.39 |
752.87 |
0.00 |
0.00 |
0.00 |
891.52 |
1,644.39 |
0.00 |
0.00 |
|
8/17/17 |
36 |
5,652,310.27 |
1,784.39 |
1,644.39 |
0.00 |
0.00 |
0.00 |
140.00 |
1,784.39 |
0.00 |
0.00 |
|
5/17/18 |
36 |
5,652,310.27 |
1,934.39 |
1,784.39 |
0.00 |
0.00 |
0.00 |
150.00 |
1,934.39 |
0.00 |
0.00 |
|
6/15/18 |
36 |
5,652,310.27 |
1,784.39 |
1,934.39 |
0.00 |
0.00 |
0.00 |
(150.00) |
1,784.39 |
0.00 |
0.00 |
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Totals |
|
|
|
0.00 |
0.00 |
0.00 |
(39,887.41) |
|
0.00 |
0.00 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 21 of 24 |
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Interest Shortfall Reconciliation Detail - Part 1 |
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Offering |
Stated Principal |
Current Ending |
Special Servicing Fees |
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Non-Recoverable |
|
Modified Interest |
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Interest on |
|
|
Document |
Balance at |
Scheduled |
|
|
|
ASER |
(PPIS) Excess |
(Scheduled |
|
Rate (Reduction) |
|
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|
|
|
|
|
|
|
|
Advances |
|
|
Cross-Reference |
Contribution |
Balance |
Monthly |
Liquidation |
Work Out |
|
|
Interest) |
|
/Excess |
|
3 |
78,000,000.00 |
60,582,175.90 |
13,082.80 |
0.00 |
0.00 |
113,243.95 |
0.00 |
0.00 |
336.17 |
0.00 |
|
9 |
40,085,439.04 |
26,616,601.01 |
5,751.69 |
0.00 |
0.00 |
26,830.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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Totals |
118,085,439.04 |
87,198,776.91 |
18,834.49 |
0.00 |
0.00 |
140,073.95 |
0.00 |
0.00 |
336.17 |
0.00 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 22 of 24 |
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Interest Shortfall Reconciliation Detail - Part 2 |
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Offering |
Stated Principal |
Current Ending |
Reimb of Advances to the Servicer Other (Shortfalls)/ |
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|
|
Document |
Balance at |
Scheduled |
|
Comments |
|
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|
|
|
Left to Reimburse |
|
|
Cross-Reference |
Contribution |
Balance |
Current Month |
Master Servicer Refunds |
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There are no Interest Shortfalls for the above columns for this Period. |
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Totals |
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Interest Shortfall Reconciliation Detail Part 2 Total |
|
0.00 |
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|
Interest Shortfall Reconciliation Detail Part 1 Total |
|
159,244.61 |
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|
Total Interest Shortfall Allocated to Trust |
|
159,244.61 |
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Copyright 2021, Wells Fargo Bank, N.A. |
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Page 23 of 24 |
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Supplemental Reporting |
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Revision to April 2021 Distribution Date Statement |
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The servicer revised the April 2021 Reporting for this deal to report updated Appraisal Reduction and ASER amounts. |
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Revision to May 2021 Distribution Date Statement |
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|
The Servicer revised May reporting to report the correct accumulated ASER amount |
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Copyright 2021, Wells Fargo Bank, N.A. |
Page 24 of 24 |