Benchmark 2018-B7 Mortgage Trust
03/27/2026 | Press release | Distributed by Public on 03/27/2026 07:59
Asset-Backed Issuer Distribution Report (Form 10-D)
|
Distribution Date: |
03/17/26 |
Benchmark 2018-B7 Mortgage Trust |
|
Determination Date: |
03/11/26 |
|
|
Next Distribution Date: |
04/17/26 |
|
|
Record Date: |
02/27/26 |
Commercial Mortgage Pass-Through Certificates |
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Series 2018-B7 |
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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 |
KeyBank National Association |
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Exchangeable Certificate Detail |
5-6 |
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Attention: Alan Williams |
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Exchangeable Certificate Factor Detail |
7 |
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11501 Outlook Street, Suite 300 | Overland Park, KS 66211 | United States |
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Additional Information |
8 |
Special Servicer |
LNR Partners, LLC |
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|
Bond / Collateral Reconciliation - Cash Flows |
9 |
Heather Bennett and Arne Shulkin |
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Bond / Collateral Reconciliation - Balances |
10 |
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2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States |
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Current Mortgage Loan and Property Stratification |
11-15 |
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Special Servicer (DUMBO |
Torchlight Loan Services, LLC |
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Mortgage Loan Detail (Part 1) |
16-17 |
Heights Portfolio loan) |
|||
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Mortgage Loan Detail (Part 2) |
18-19 |
William A. Clarkson |
(212) 808-3640 |
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|
Principal Prepayment Detail |
20 |
280 Park Avenue, 11th Floor | New York, NY 10017 | United States |
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|
Operating Advisor & Asset |
Park Bridge Lender Services LLC |
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Historical Detail |
21 |
Representations Reviewer |
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Delinquency Loan Detail |
22 |
David Rodgers |
(212) 230-9025 |
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|
Collateral Stratification and Historical Detail |
23 |
600 Third Avenue, 40th Floor | New York, NY 10016 | United States |
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Specially Serviced Loan Detail - Part 1 |
24 |
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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|
Bank, N.A. |
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Specially Serviced Loan Detail - Part 2 |
25-26 |
Corporate Trust Services (CMBS) |
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Modified Loan Detail |
27 |
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9062 Old Annapolis Road | Columbia, MD 21045 | United States |
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Historical Liquidated Loan Detail |
28 |
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Directing Holder |
Eightfold Real Estate Capital, L.P. |
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Historical Bond / Collateral Loss Reconciliation Detail |
29 |
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- |
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Interest Shortfall Detail - Collateral Level |
30 |
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Supplemental Notes |
31 |
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This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.
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© 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 31 |
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Certificate Distribution Detail |
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|
Current |
Original |
|||||||||||
|
Pass-Through |
Principal |
Interest |
Prepayment |
Credit |
Credit |
|||||||
|
Class |
CUSIP |
Rate (2) |
Original Balance Beginning Balance |
Distribution |
Distribution |
Penalties |
Realized Losses Total Distribution Ending Balance |
Support¹ Support¹ |
||||
|
A-1 |
08162TAX1 |
3.436000% |
20,240,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
|
A-2 |
08162TAY9 |
4.377000% |
211,980,000.00 |
150,001,533.82 |
34,145.40 |
547,130.59 |
0.00 |
0.00 |
581,275.99 |
149,967,388.42 |
32.91% |
30.00% |
|
A-SB |
08162TAZ6 |
4.376000% |
36,078,000.00 |
19,270,607.96 |
779,462.05 |
70,273.48 |
0.00 |
0.00 |
849,735.53 |
18,491,145.91 |
32.91% |
30.00% |
|
A-3 |
08162TBA0 |
4.241000% |
203,000,000.00 |
203,000,000.00 |
0.00 |
717,435.83 |
0.00 |
0.00 |
717,435.83 |
203,000,000.00 |
32.91% |
30.00% |
|
A-4 |
08162TBB8 |
4.510000% |
320,279,000.00 |
320,279,000.00 |
0.00 |
1,203,715.24 |
0.00 |
0.00 |
1,203,715.24 |
320,279,000.00 |
32.91% |
30.00% |
|
A-M |
08162TBD4 |
4.741000% |
93,293,000.00 |
93,293,000.00 |
0.00 |
368,585.09 |
0.00 |
0.00 |
368,585.09 |
93,293,000.00 |
23.86% |
21.75% |
|
B |
08162TBE2 |
4.830990% |
52,300,000.00 |
52,300,000.00 |
0.00 |
210,550.67 |
0.00 |
0.00 |
210,550.67 |
52,300,000.00 |
18.78% |
17.13% |
|
C |
08162TBF9 |
4.830990% |
52,301,000.00 |
52,301,000.00 |
0.00 |
210,554.69 |
0.00 |
0.00 |
210,554.69 |
52,301,000.00 |
13.71% |
12.50% |
|
D |
08162TAG8 |
3.000000% |
32,511,000.00 |
32,511,000.00 |
0.00 |
81,277.50 |
0.00 |
0.00 |
81,277.50 |
32,511,000.00 |
10.56% |
9.63% |
|
E |
08162TAJ2 |
3.000000% |
24,030,000.00 |
24,030,000.00 |
0.00 |
60,075.00 |
0.00 |
0.00 |
60,075.00 |
24,030,000.00 |
8.23% |
7.50% |
|
F |
08162TAL7 |
3.580990% |
26,857,000.00 |
26,857,000.00 |
0.00 |
80,145.55 |
0.00 |
0.00 |
80,145.55 |
26,857,000.00 |
5.62% |
5.13% |
|
G-RR |
08162TAP8 |
4.830990% |
11,309,000.00 |
11,309,000.00 |
0.00 |
45,528.06 |
0.00 |
0.00 |
45,528.06 |
11,309,000.00 |
4.52% |
4.13% |
|
H-RR |
08162TAR4 |
4.830990% |
11,308,000.00 |
11,308,000.00 |
0.00 |
45,524.03 |
0.00 |
0.00 |
45,524.03 |
11,308,000.00 |
3.43% |
3.13% |
|
J-RR* |
08162TAT0 |
4.830990% |
35,338,680.00 |
35,338,679.99 |
0.00 |
81,341.37 |
0.00 |
0.00 |
81,341.37 |
35,338,679.99 |
0.00% |
0.00% |
|
S |
08162TAU7 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
R |
08162TAW3 |
0.000000% |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
|
VRR Interest |
N/A |
4.830990% |
37,090,000.17 |
33,842,043.91 |
26,685.57 |
134,243.84 |
0.00 |
0.00 |
160,929.41 |
33,815,358.34 |
0.00% |
0.00% |
|
Regular SubTotal |
1,167,914,680.17 |
1,065,640,865.68 |
840,293.02 |
3,856,380.94 |
0.00 |
0.00 |
4,696,673.96 |
1,064,800,572.66 |
||||
|
X-A |
08162TBC6 |
0.391728% |
884,870,000.00 |
785,844,141.78 |
0.00 |
256,531.04 |
0.00 |
0.00 |
256,531.04 |
785,030,534.33 |
||
|
X-B |
08162TAA1 |
0.000000% |
104,601,000.00 |
104,601,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
104,601,000.00 |
||
|
X-D |
08162TAC7 |
1.830990% |
56,541,000.00 |
56,541,000.00 |
0.00 |
86,271.69 |
0.00 |
0.00 |
86,271.69 |
56,541,000.00 |
||
|
X-F |
08162TAE3 |
1.250000% |
26,857,000.00 |
26,857,000.00 |
0.00 |
27,976.04 |
0.00 |
0.00 |
27,976.04 |
26,857,000.00 |
||
|
Notional SubTotal |
1,072,869,000.00 |
973,843,141.78 |
0.00 |
370,778.77 |
0.00 |
0.00 |
370,778.77 |
973,029,534.33 |
||||
|
Deal Distribution Total |
840,293.02 |
4,227,159.71 |
0.00 |
0.00 |
5,067,452.73 |
|||||||
|
* |
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 31 |
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Certificate Factor Detail |
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|
Cumulative |
||||||||||
|
Interest Shortfalls |
Interest |
|||||||||
|
Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
|
Regular Certificates |
||||||||||
|
A-1 |
08162TAX1 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-2 |
08162TAY9 |
707.62116152 |
0.16107840 |
2.58104816 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.74212657 |
707.46008312 |
|
A-SB |
08162TAZ6 |
534.13736793 |
21.60491297 |
1.94782083 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
23.55273380 |
512.53245496 |
|
A-3 |
08162TBA0 |
1,000.00000000 |
0.00000000 |
3.53416665 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.53416665 |
1,000.00000000 |
|
A-4 |
08162TBB8 |
1,000.00000000 |
0.00000000 |
3.75833333 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.75833333 |
1,000.00000000 |
|
A-M |
08162TBD4 |
1,000.00000000 |
0.00000000 |
3.95083329 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.95083329 |
1,000.00000000 |
|
B |
08162TBE2 |
1,000.00000000 |
0.00000000 |
4.02582543 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.02582543 |
1,000.00000000 |
|
C |
08162TBF9 |
1,000.00000000 |
0.00000000 |
4.02582532 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.02582532 |
1,000.00000000 |
|
D |
08162TAG8 |
1,000.00000000 |
0.00000000 |
2.50000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
1,000.00000000 |
|
E |
08162TAJ2 |
1,000.00000000 |
0.00000000 |
2.50000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.50000000 |
1,000.00000000 |
|
F |
08162TAL7 |
1,000.00000000 |
0.00000000 |
2.98415869 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.98415869 |
1,000.00000000 |
|
G-RR |
08162TAP8 |
1,000.00000000 |
0.00000000 |
4.02582545 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.02582545 |
1,000.00000000 |
|
H-RR |
08162TAR4 |
1,000.00000000 |
0.00000000 |
4.02582508 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
4.02582508 |
1,000.00000000 |
|
J-RR |
08162TAT0 |
999.99999972 |
0.00000000 |
2.30176594 |
1.72405959 |
22.43144962 |
0.00000000 |
0.00000000 |
2.30176594 |
999.99999972 |
|
S |
08162TAU7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
08162TAW3 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
VRR Interest |
N/A |
912.43040590 |
0.71948153 |
3.61940791 |
0.05387759 |
0.70099083 |
0.00000000 |
0.00000000 |
4.33888944 |
911.71092437 |
|
Notional Certificates |
||||||||||
|
X-A |
08162TBC6 |
888.08993613 |
0.00000000 |
0.28990817 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.28990817 |
887.17047061 |
|
X-B |
08162TAA1 |
1,000.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1,000.00000000 |
|
X-D |
08162TAC7 |
1,000.00000000 |
0.00000000 |
1.52582533 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.52582533 |
1,000.00000000 |
|
X-F |
08162TAE3 |
1,000.00000000 |
0.00000000 |
1.04166660 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.04166660 |
1,000.00000000 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 3 of 31 |
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|
Certificate Interest Reconciliation Detail |
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|
Additional |
||||||||||||
|
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 |
02/01/26 - 02/28/26 |
30 |
0.00 |
547,130.59 |
0.00 |
547,130.59 |
0.00 |
0.00 |
0.00 |
547,130.59 |
0.00 |
|
|
A-SB |
02/01/26 - 02/28/26 |
30 |
0.00 |
70,273.48 |
0.00 |
70,273.48 |
0.00 |
0.00 |
0.00 |
70,273.48 |
0.00 |
|
|
A-3 |
02/01/26 - 02/28/26 |
30 |
0.00 |
717,435.83 |
0.00 |
717,435.83 |
0.00 |
0.00 |
0.00 |
717,435.83 |
0.00 |
|
|
A-4 |
02/01/26 - 02/28/26 |
30 |
0.00 |
1,203,715.24 |
0.00 |
1,203,715.24 |
0.00 |
0.00 |
0.00 |
1,203,715.24 |
0.00 |
|
|
X-A |
02/01/26 - 02/28/26 |
30 |
0.00 |
256,531.04 |
0.00 |
256,531.04 |
0.00 |
0.00 |
0.00 |
256,531.04 |
0.00 |
|
|
X-B |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
X-D |
02/01/26 - 02/28/26 |
30 |
0.00 |
86,271.69 |
0.00 |
86,271.69 |
0.00 |
0.00 |
0.00 |
86,271.69 |
0.00 |
|
|
X-F |
02/01/26 - 02/28/26 |
30 |
0.00 |
27,976.04 |
0.00 |
27,976.04 |
0.00 |
0.00 |
0.00 |
27,976.04 |
0.00 |
|
|
A-M |
02/01/26 - 02/28/26 |
30 |
0.00 |
368,585.09 |
0.00 |
368,585.09 |
0.00 |
0.00 |
0.00 |
368,585.09 |
0.00 |
|
|
B |
02/01/26 - 02/28/26 |
30 |
0.00 |
210,550.67 |
0.00 |
210,550.67 |
0.00 |
0.00 |
0.00 |
210,550.67 |
0.00 |
|
|
C |
02/01/26 - 02/28/26 |
30 |
0.00 |
210,554.69 |
0.00 |
210,554.69 |
0.00 |
0.00 |
0.00 |
210,554.69 |
0.00 |
|
|
D |
02/01/26 - 02/28/26 |
30 |
0.00 |
81,277.50 |
0.00 |
81,277.50 |
0.00 |
0.00 |
0.00 |
81,277.50 |
0.00 |
|
|
E |
02/01/26 - 02/28/26 |
30 |
0.00 |
60,075.00 |
0.00 |
60,075.00 |
0.00 |
0.00 |
0.00 |
60,075.00 |
0.00 |
|
|
F |
02/01/26 - 02/28/26 |
30 |
0.00 |
80,145.55 |
0.00 |
80,145.55 |
0.00 |
0.00 |
0.00 |
80,145.55 |
0.00 |
|
|
G-RR |
02/01/26 - 02/28/26 |
30 |
0.00 |
45,528.06 |
0.00 |
45,528.06 |
0.00 |
0.00 |
0.00 |
45,528.06 |
0.00 |
|
|
H-RR |
02/01/26 - 02/28/26 |
30 |
0.00 |
45,524.03 |
0.00 |
45,524.03 |
0.00 |
0.00 |
0.00 |
45,524.03 |
0.00 |
|
|
J-RR |
02/01/26 - 02/28/26 |
30 |
731,771.83 |
142,267.35 |
0.00 |
142,267.35 |
60,925.99 |
0.00 |
0.00 |
81,341.37 |
792,697.82 |
|
|
VRR Interest |
02/01/26 - 02/28/26 |
30 |
24,001.43 |
136,242.16 |
0.00 |
136,242.16 |
1,998.32 |
0.00 |
0.00 |
134,243.84 |
25,999.75 |
|
|
Totals |
755,773.26 |
4,290,084.01 |
0.00 |
4,290,084.01 |
62,924.31 |
0.00 |
0.00 |
4,227,159.71 |
818,697.57 |
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 4 of 31 |
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|
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 |
|||||||||||
|
V-A-1 (V2) |
N/A |
N/A |
663,853.22 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-A-1 (V1) |
N/A |
N/A |
663,853.22 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-A-2 (V2) |
N/A |
4.830990% |
6,952,747.29 |
4,919,911.11 |
1,119.94 |
19,806.70 |
0.00 |
0.00 |
20,926.64 |
4,918,791.17 |
|
|
V-A-2 (V1) |
N/A |
N/A |
6,952,747.29 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-A-SB (V2) |
N/A |
4.830990% |
1,183,324.92 |
632,058.06 |
25,565.63 |
2,544.56 |
0.00 |
0.00 |
28,110.19 |
606,492.43 |
|
|
V-A-SB (V1) |
N/A |
N/A |
1,183,324.92 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-A-3 (V2) |
N/A |
4.830990% |
6,658,211.63 |
6,658,211.63 |
0.00 |
26,804.80 |
0.00 |
0.00 |
26,804.80 |
6,658,211.63 |
|
|
V-A-3 (V1) |
N/A |
N/A |
6,658,211.63 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-A-4 (V2) |
N/A |
4.830990% |
10,504,854.00 |
10,504,854.00 |
0.00 |
42,290.71 |
0.00 |
0.00 |
42,290.71 |
10,504,854.00 |
|
|
V-A-4 (V1) |
N/A |
N/A |
10,504,854.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-A-M (V2) |
N/A |
4.830990% |
3,059,923.83 |
3,059,923.83 |
0.00 |
12,318.72 |
0.00 |
0.00 |
12,318.72 |
3,059,923.83 |
|
|
V-A-M (V1) |
N/A |
N/A |
3,059,923.83 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-B (V2) |
N/A |
4.830990% |
1,715,391.47 |
1,715,391.47 |
0.00 |
6,905.87 |
0.00 |
0.00 |
6,905.87 |
1,715,391.47 |
|
|
V-B (V1) |
N/A |
N/A |
1,715,391.47 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-C (V2) |
N/A |
4.830990% |
1,715,424.27 |
1,715,424.27 |
0.00 |
6,906.00 |
0.00 |
0.00 |
6,906.00 |
1,715,424.27 |
|
|
V-C (V1) |
N/A |
N/A |
1,715,424.27 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-D (V2) |
N/A |
4.830990% |
1,066,330.63 |
1,066,330.63 |
0.00 |
4,292.86 |
0.00 |
0.00 |
4,292.86 |
1,066,330.63 |
|
|
V-D (V1) |
N/A |
N/A |
1,066,330.63 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-E (V2) |
N/A |
4.830990% |
788,161.70 |
788,161.70 |
0.00 |
3,173.00 |
0.00 |
0.00 |
3,173.00 |
788,161.70 |
|
|
V-E (V1) |
N/A |
N/A |
788,161.70 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-F (V2) |
N/A |
4.830990% |
880,884.68 |
880,884.68 |
0.00 |
3,546.29 |
0.00 |
0.00 |
3,546.29 |
880,884.68 |
|
|
V-F (V1) |
N/A |
N/A |
880,884.68 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-G (V2) |
N/A |
4.830990% |
370,924.71 |
370,924.71 |
0.00 |
1,493.28 |
0.00 |
0.00 |
1,493.28 |
370,924.71 |
|
|
V-G (V1) |
N/A |
N/A |
370,924.71 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-H (V2) |
N/A |
4.830990% |
370,891.91 |
370,891.91 |
0.00 |
1,493.15 |
0.00 |
0.00 |
1,493.15 |
370,891.91 |
|
|
V-H (V1) |
N/A |
N/A |
370,891.91 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V-J (V2) |
N/A |
4.830990% |
1,159,075.91 |
1,159,075.91 |
0.00 |
2,667.92 |
0.00 |
0.00 |
2,667.92 |
1,159,075.91 |
|
|
V-J (V1) |
N/A |
N/A |
1,159,075.91 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
Regular Interest Total |
74,180,000.34 |
33,842,043.91 |
26,685.57 |
134,243.86 |
0.00 |
0.00 |
160,929.43 |
33,815,358.34 |
|||
|
Exchangeable Certificate Detail continued to next page |
|||||||||||
|
Exchangeable Certificate Details |
|||||||||||
|
V1-A1 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V1-A2 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
V1-ASB |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 5 of 31 |
||||||||||
|
Exchangeable Certificate Detail |
||||||||||||
|
Pass-Through |
Maximum Initial |
Prepayment |
||||||||||
|
Class |
CUSIP |
Rate |
Balance |
Beginning Balance Principal Distribution Interest Distribution |
Penalties |
Losses |
Total Distribution |
Ending Balance |
||||
|
Exchangeable Certificate Details |
||||||||||||
|
V1-A3 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-A4 |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-AM |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-B |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-C |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-D |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-E |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-F |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-G |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-H |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V1-J |
N/A |
N/A |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
V2 |
BCC2I7UZ1 |
4.830990% |
37,090,000.17 |
33,842,043.91 |
26,685.57 |
134,243.84 |
0.00 |
0.00 |
160,929.41 |
33,815,358.34 |
||
|
Exchangeable Certificates Total |
37,090,000.17 |
33,842,043.91 |
26,685.57 |
134,243.84 |
0.00 |
0.00 |
160,929.41 |
33,815,358.34 |
||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 6 of 31 |
|||||||||||
|
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 |
||||||||||
|
V1-A1 |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-A2 |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-ASB |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-A3 |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-A4 |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-AM |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-B |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-C |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-D |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-E |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-F |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-G |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-H |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V1-J |
N/A |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
V2 |
BCC2I7UZ1 |
912.43040590 |
0.71948153 |
3.61940791 |
0.05387759 |
0.70099083 |
0.00000000 |
0.00000000 |
4.33888944 |
911.71092437 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 7 of 31 |
|||||||||
|
Additional Information |
||
|
Total Available Distribution Amount (1) |
5,067,452.73 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 8 of 31 |
|
|
Bond / Collateral Reconciliation - Cash Flows |
|||
|
Total Funds Collected |
Total Funds Distributed |
||
|
Interest |
Fees |
||
|
Interest Paid or Advanced |
4,020,723.54 |
Master Servicing Fee |
5,970.70 |
|
Interest Reductions due to Nonrecoverability Determination |
0.00 |
Certificate Administrator Fee |
5,315.72 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
0.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
415.29 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
1,739.12 |
|
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Asset Representations Reviewer Fee |
0.00 |
|
Extension Interest |
0.00 |
||
|
Interest Reserve Withdrawal |
282,801.34 |
||
|
Total Interest Collected |
4,303,524.88 |
Total Fees |
13,440.83 |
|
Principal |
Expenses/Reimbursements |
||
|
Scheduled Principal |
840,293.02 |
Reimbursement for Interest on Advances |
3,140.06 |
|
Unscheduled Principal Collections |
ASER Amount |
32,817.87 |
|
|
Principal Prepayments |
0.00 |
Special Servicing Fees (Monthly) |
25,011.09 |
|
Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
|
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
1,955.28 |
|
Excess of Prior Principal Amounts Paid |
0.00 |
Legal Fees |
0.00 |
|
Curtailments |
0.00 |
Rating Agency Expenses |
0.00 |
|
Principal Adjustments |
0.00 |
Taxes Imposed on Trust Fund |
0.00 |
|
Non-Recoverable Advances |
0.00 |
||
|
Workout Delayed Reimbursement Amounts |
0.00 |
||
|
Other Expenses |
0.00 |
||
|
Total Principal Collected |
840,293.02 |
Total Expenses/Reimbursements |
62,924.30 |
|
Interest Reserve Deposit |
0.00 |
||
|
Other |
Payments to Certificateholders and Others |
||
|
Prepayment Penalties / Yield Maintenance |
0.00 |
Interest Distribution |
4,227,159.71 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
840,293.02 |
|
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 |
5,067,452.73 |
|
Total Funds Collected |
5,143,817.90 |
Total Funds Distributed |
5,143,817.86 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 9 of 31 |
||
|
Bond / Collateral Reconciliation - Balances |
|||||
|
Collateral Reconciliation |
Certificate Reconciliation |
||||
|
Total |
Total |
||||
|
Beginning Scheduled Collateral Balance |
1,065,640,865.68 |
1,065,640,865.68 |
Beginning Certificate Balance |
1,065,640,865.68 |
|
|
(-) Scheduled Principal Collections |
840,293.02 |
840,293.02 |
(-) Principal Distributions |
840,293.02 |
|
|
(-) Unscheduled Principal Collections |
0.00 |
0.00 |
(-) Realized Losses |
0.00 |
|
|
(-) Principal Adjustments (Cash) |
0.00 |
0.00 |
Realized Loss and Realized Loss Adjustments on Collateral |
0.00 |
|
|
(-) Principal Adjustments (Non-Cash) |
0.00 |
0.00 |
Current Period NRA¹ |
0.00 |
|
|
(-) Realized Losses from Collateral |
0.00 |
0.00 |
Current Period WODRA¹ |
0.00 |
|
|
(-) Other Adjustments² |
0.00 |
0.00 |
Principal Used to Pay Interest |
0.00 |
|
|
Non-Cash Principal Adjustments |
0.00 |
||||
|
Ending Scheduled Collateral Balance |
1,064,800,572.66 |
1,064,800,572.66 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
1,065,815,660.21 |
1,065,815,660.21 |
Ending Certificate Balance |
1,064,800,572.66 |
|
|
Ending Actual Collateral Balance |
1,065,148,449.75 |
1,065,148,449.75 |
|||
|
NRA/WODRA Reconciliation |
Under / Over Collateralization Reconciliation |
||||
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
||||
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
0.00 |
||
|
Beginning Cumulative Advances |
0.00 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
0.00 |
|
|
Ending Cumulative Advances |
0.00 |
0.00 |
Net WAC Rate |
4.83% |
|
|
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 10 of 31 |
||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Scheduled Balance |
Debt Service Coverage Ratio¹ |
|||||||||||||
|
Scheduled |
# Of |
Scheduled |
% Of |
Weighted Avg |
Debt Service Coverage |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Balance |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Ratio |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
|
|
7,499,999 or less |
12 |
56,764,646.31 |
5.33% |
31 |
5.1849 |
1.761293 |
1.44 or less |
17 |
342,608,589.69 |
32.18% |
13 |
5.0522 |
0.874765 |
|
|
7,500,000 to 14,999,999 |
8 |
75,942,574.02 |
7.13% |
31 |
4.9691 |
1.382490 |
1.45 to 1.49 |
2 |
11,797,140.90 |
1.11% |
32 |
5.3397 |
1.466770 |
|
|
15,000,000 to 24,999,999 |
10 |
187,741,916.38 |
17.63% |
26 |
5.0253 |
1.893506 |
1.50 to 1.74 |
11 |
289,759,065.77 |
27.21% |
16 |
4.7785 |
1.667784 |
|
|
25,000,000 to 49,999,999 |
12 |
446,583,396.08 |
41.94% |
19 |
5.0240 |
1.438384 |
1.75 to 1.99 |
5 |
74,986,885.91 |
7.04% |
30 |
5.2566 |
1.904765 |
|
|
50,000,000 or greater |
5 |
273,259,793.43 |
25.66% |
14 |
4.2619 |
2.418546 |
2.00 to 2.49 |
4 |
85,437,734.65 |
8.02% |
29 |
4.4969 |
2.264976 |
|
|
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
2.50 to 3.49 |
7 |
214,322,017.50 |
20.13% |
31 |
4.4444 |
3.037418 |
|
|
3.50 and greater |
1 |
21,380,891.80 |
2.01% |
31 |
5.3300 |
3.560000 |
||||||||
|
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
||||||||
|
(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 11 of 31 |
|||||||||||||
|
Current Mortgage Loan and Property Stratification |
|||||||||||||
|
State³ |
|||||||||||||
|
Property Type³ |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
||||||||||
|
State |
WAM² |
WAC |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Properties |
Balance |
Agg. Bal. |
DSCR¹ |
Property Type |
WAM² |
WAC |
|||||||
|
Properties |
Balance |
Agg. Bal. |
DSCR¹ |
||||||||||
|
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
|||||||
|
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
|||||||
|
Alabama |
2 |
5,219,749.55 |
0.49% |
30 |
5.1100 |
1.960000 |
|||||||
|
Industrial |
63 |
59,587,524.08 |
5.60% |
20 |
5.1321 |
1.067800 |
|||||||
|
Arizona |
18 |
82,752,243.05 |
7.77% |
27 |
4.9011 |
1.736457 |
|||||||
|
Lodging |
7 |
182,831,372.57 |
17.17% |
31 |
5.2075 |
1.674861 |
|||||||
|
California |
9 |
186,287,181.35 |
17.50% |
31 |
4.8354 |
1.926271 |
|||||||
|
Mixed Use |
3 |
26,643,890.93 |
2.50% |
31 |
4.9321 |
1.071679 |
|||||||
|
Colorado |
1 |
50,000,000.00 |
4.70% |
32 |
4.3500 |
3.390000 |
|||||||
|
Multi-Family |
14 |
35,073,393.23 |
3.29% |
32 |
5.0237 |
2.233690 |
|||||||
|
Connecticut |
1 |
35,964,981.13 |
3.38% |
32 |
5.0500 |
1.170000 |
|||||||
|
Office |
102 |
403,427,708.49 |
37.89% |
6 |
4.5746 |
1.771353 |
|||||||
|
Delaware |
2 |
64,388,963.57 |
6.05% |
16 |
5.1297 |
1.505141 |
|||||||
|
Retail |
16 |
303,621,414.80 |
28.51% |
31 |
4.8203 |
2.033927 |
|||||||
|
Florida |
49 |
85,766,111.99 |
8.05% |
19 |
4.6095 |
1.819289 |
|||||||
|
Self Storage |
7 |
25,993,497.85 |
2.44% |
30 |
5.1303 |
1.878677 |
|||||||
|
Illinois |
3 |
64,815,000.00 |
6.09% |
(11) |
4.7735 |
1.524302 |
|||||||
|
Totals |
213 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
|||||||
|
Indiana |
1 |
31,054,165.26 |
2.92% |
32 |
5.6050 |
0.920000 |
|||||||
|
Kansas |
1 |
25,000,000.00 |
2.35% |
28 |
4.7000 |
1.050000 |
|||||||
|
Kentucky |
1 |
6,413,136.75 |
0.60% |
31 |
5.1000 |
1.290000 |
|||||||
|
Louisiana |
1 |
8,300,000.00 |
0.78% |
31 |
5.0800 |
0.880000 |
|||||||
|
Maryland |
1 |
13,509,290.16 |
1.27% |
31 |
4.9550 |
1.710000 |
|||||||
|
Massachusetts |
1 |
19,800,000.00 |
1.86% |
31 |
4.6270 |
2.690000 |
|||||||
|
Michigan |
12 |
26,251,029.82 |
2.47% |
32 |
4.9316 |
2.514131 |
|||||||
|
Minnesota |
20 |
9,792,562.29 |
0.92% |
(2) |
5.3288 |
0.930024 |
|||||||
|
New Jersey |
1 |
26,394,116.19 |
2.48% |
31 |
5.5920 |
1.870000 |
|||||||
|
New York |
8 |
174,209,793.43 |
16.36% |
5 |
4.3695 |
1.958750 |
|||||||
|
North Carolina |
3 |
6,605,856.66 |
0.62% |
31 |
5.1900 |
1.640000 |
|||||||
|
Ohio |
2 |
8,123,105.66 |
0.76% |
31 |
5.0900 |
1.370000 |
|||||||
|
Pennsylvania |
71 |
54,937,027.06 |
5.16% |
13 |
5.3169 |
1.188865 |
|||||||
|
Texas |
3 |
49,248,905.19 |
4.63% |
31 |
4.9767 |
1.596031 |
|||||||
|
Virginia |
1 |
2,345,582.84 |
0.22% |
31 |
5.3300 |
1.410000 |
|||||||
|
Totals |
213 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
|||||||
|
Note: Please refer to footnotes on the next page of the report. |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 12 of 31 |
||||||||||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Note Rate |
Seasoning |
|||||||||||||
|
# Of |
Scheduled |
% Of |
Weighted Avg |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||||
|
Note Rate |
WAM² |
WAC |
Seasoning |
WAM² |
WAC |
|||||||||
|
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||||
|
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
|
|
4.2499% or less |
4 |
213,259,793.43 |
20.03% |
9 |
4.0902 |
2.469717 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.2500% to 4.4999% |
1 |
50,000,000.00 |
4.70% |
32 |
4.3500 |
3.390000 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.5000% to 4.7499% |
4 |
103,156,000.00 |
9.69% |
4 |
4.6565 |
1.215034 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.7500% to 4.9999% |
12 |
198,305,110.28 |
18.62% |
31 |
4.8572 |
1.739798 |
37 months to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
5.0000% or greater |
26 |
475,571,422.51 |
44.66% |
24 |
5.2360 |
1.465961 |
49 months or greater |
47 |
1,040,292,326.22 |
97.70% |
21 |
4.8288 |
1.791525 |
|
|
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
|
|
(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 31 |
|||||||||||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||||
|
Anticipated Remaining Term (ARD and Balloon Loans) |
Remaining Amortization Term (ARD and Balloon Loans) |
|||||||||||||
|
Anticipated |
# Of |
Scheduled |
% Of |
Weighted Avg |
Remaining |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||||
|
Remaining Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Amortization Term |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||||
|
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
|
|
61 months or less |
47 |
1,040,292,326.22 |
97.70% |
21 |
4.8288 |
1.791525 |
Interest Only |
21 |
627,130,793.43 |
58.90% |
15 |
4.5887 |
1.842604 |
|
|
62 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
299 months or less |
26 |
413,161,532.79 |
38.80% |
29 |
5.1933 |
1.713992 |
|
|
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
300 months to 350 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
351 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
||||||||
|
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
||||||||
|
(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 31 |
|||||||||||||
|
Current Mortgage Loan and Property Stratification |
||||||||||||
|
Age of Most Recent NOI |
Remaining Stated Term (Fully Amortizing Loans) |
|||||||||||
|
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
Age of Most |
# Of |
Scheduled |
% Of |
Weighted Avg |
|||
|
WAM² |
WAC |
WAM² |
WAC |
|||||||||
|
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
Recent NOI |
Loans |
Balance |
Agg. Bal. |
DSCR¹ |
|||
|
Defeased |
1 |
24,508,246.44 |
2.30% |
31 |
5.3150 |
NAP |
No outstanding loans in this group |
|||||
|
Underwriter's Information |
1 |
3,113,524.28 |
0.29% |
32 |
4.9670 |
1.920000 |
||||||
|
12 months or less |
42 |
940,506,646.62 |
88.33% |
23 |
4.7714 |
1.897912 |
||||||
|
13 months to 24 months |
3 |
65,617,990.06 |
6.16% |
(24) |
5.2786 |
0.673024 |
||||||
|
25 months or greater |
1 |
31,054,165.26 |
2.92% |
32 |
5.6050 |
0.920000 |
||||||
|
Totals |
48 |
1,064,800,572.66 |
100.00% |
21 |
4.8400 |
1.777910 |
||||||
|
(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 15 of 31 |
|||||||||||
|
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 |
Loan Group Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
||
|
1 |
10196718 |
1 |
OF |
Brooklyn |
NY |
Actual/360 |
4.050% |
229,508.35 |
0.00 |
0.00 |
N/A |
09/06/23 |
09/06/26 |
72,859,793.43 |
72,859,793.43 |
03/06/26 |
|
2 |
10196723 |
1 |
OF |
Sunnyvale |
CA |
Actual/360 |
4.131% |
161,934.65 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
50,400,000.00 |
50,400,000.00 |
03/06/26 |
|
3 |
10196724 |
1 |
RT |
Aventura |
FL |
Actual/360 |
4.121% |
160,270.83 |
0.00 |
0.00 |
N/A |
07/01/28 |
-- |
50,000,000.00 |
50,000,000.00 |
03/01/26 |
|
4 |
10196725 |
1 |
RT |
Vail |
CO |
Actual/360 |
4.350% |
169,166.67 |
0.00 |
0.00 |
N/A |
11/06/28 |
-- |
50,000,000.00 |
50,000,000.00 |
03/06/26 |
|
5 |
10196727 |
1 |
OF |
Various |
AZ |
Actual/360 |
4.755% |
184,916.67 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
50,000,000.00 |
50,000,000.00 |
03/06/26 |
|
6 |
10196731 |
1 |
RT |
Newark |
DE |
Actual/360 |
5.090% |
187,811.71 |
77,932.67 |
0.00 |
N/A |
11/01/28 |
-- |
47,440,510.43 |
47,362,577.76 |
03/01/26 |
|
7 |
10196732 |
1 |
OF |
New York |
NY |
Actual/360 |
4.910% |
175,668.89 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
46,000,000.00 |
46,000,000.00 |
03/06/26 |
|
8 |
10196734 |
1 |
LO |
Venice Beach |
CA |
Actual/360 |
5.130% |
179,550.00 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
45,000,000.00 |
45,000,000.00 |
03/06/26 |
|
9 |
10191204 |
1 |
OF |
Chicago |
IL |
Actual/360 |
4.627% |
154,760.82 |
0.00 |
0.00 |
N/A |
07/01/23 |
07/01/26 |
43,000,000.00 |
43,000,000.00 |
03/01/26 |
|
10 |
10192528 |
1 |
Various Various |
Various |
Actual/360 |
5.372% |
167,128.89 |
0.00 |
0.00 |
N/A |
07/01/23 |
07/01/25 |
40,000,000.00 |
40,000,000.00 |
05/01/25 |
|
|
11 |
10196735 |
1 |
OF |
New York |
NY |
Actual/360 |
4.073% |
126,715.56 |
0.00 |
0.00 |
N/A |
06/01/28 |
-- |
40,000,000.00 |
40,000,000.00 |
03/01/26 |
|
12 |
10196736 |
1 |
LO |
Philadelphia |
PA |
Actual/360 |
5.312% |
146,517.01 |
75,903.02 |
0.00 |
N/A |
11/06/28 |
-- |
35,462,916.98 |
35,387,013.96 |
03/06/26 |
|
13 |
10196737 |
1 |
IN |
Shelton |
CT |
Actual/360 |
5.050% |
141,522.99 |
66,331.41 |
0.00 |
N/A |
11/01/28 |
-- |
36,031,312.54 |
35,964,981.13 |
02/01/26 |
|
14 |
10196738 |
1 |
RT |
Canutillo |
TX |
30/360 |
5.103% |
133,878.02 |
61,650.27 |
0.00 |
N/A |
10/06/28 |
-- |
31,482,192.05 |
31,420,541.78 |
03/06/26 |
|
15 |
10195913 |
1 |
RT |
Indianapolis |
IN |
Actual/360 |
5.605% |
135,646.50 |
61,380.95 |
0.00 |
N/A |
11/06/28 |
-- |
31,115,546.21 |
31,054,165.26 |
02/06/26 |
|
16 |
10196739 |
1 |
LO |
Edgewater |
NJ |
Actual/360 |
5.592% |
115,037.39 |
55,314.27 |
0.00 |
N/A |
10/06/28 |
-- |
26,449,430.46 |
26,394,116.19 |
03/06/26 |
|
17 |
10196740 |
1 |
OF |
Irvine |
CA |
Actual/360 |
5.315% |
101,472.11 |
38,157.34 |
0.00 |
N/A |
10/06/28 |
-- |
24,546,403.78 |
24,508,246.44 |
03/06/26 |
|
18 |
10195317 |
1 |
OF |
Overland Park |
KS |
Actual/360 |
4.700% |
91,388.89 |
0.00 |
0.00 |
N/A |
07/01/28 |
-- |
25,000,000.00 |
25,000,000.00 |
03/01/26 |
|
19 |
10196741 |
1 |
LO |
Tempe |
AZ |
Actual/360 |
5.110% |
87,547.60 |
48,343.50 |
0.00 |
N/A |
10/06/28 |
-- |
22,027,633.12 |
21,979,289.62 |
03/06/26 |
|
20 |
10196742 |
1 |
LO |
Carmel |
CA |
Actual/360 |
5.330% |
88,814.90 |
43,234.18 |
0.00 |
N/A |
10/06/28 |
-- |
21,424,125.98 |
21,380,891.80 |
03/06/26 |
|
21 |
10196743 |
1 |
MF |
Ann Arbor |
MI |
Actual/360 |
4.967% |
71,031.04 |
0.00 |
0.00 |
N/A |
11/01/28 |
-- |
18,386,475.72 |
18,386,475.72 |
03/01/26 |
|
21B |
10243973 |
1 |
Actual/360 |
4.967% |
12,028.24 |
0.00 |
0.00 |
N/A |
11/01/28 |
-- |
3,113,524.28 |
3,113,524.28 |
03/01/26 |
|||
|
22 |
10196744 |
1 |
LO |
Huntington Beach |
CA |
Actual/360 |
4.820% |
72,050.47 |
38,383.27 |
0.00 |
N/A |
11/01/28 |
-- |
19,219,154.11 |
19,180,770.84 |
03/01/26 |
|
23 |
10196745 |
1 |
SS |
Various |
Various |
Actual/360 |
5.110% |
77,197.64 |
35,863.76 |
0.00 |
N/A |
09/06/28 |
-- |
19,423,504.95 |
19,387,641.19 |
02/06/26 |
|
24 |
10196746 |
1 |
RT |
Chicopee |
MA |
Actual/360 |
4.627% |
71,255.80 |
0.00 |
0.00 |
N/A |
10/01/28 |
-- |
19,800,000.00 |
19,800,000.00 |
03/01/26 |
|
25 |
10195607 |
1 |
OF |
Wilmington |
DE |
Actual/360 |
5.240% |
69,535.71 |
35,265.34 |
0.00 |
N/A |
09/06/23 |
09/05/26 |
17,061,651.15 |
17,026,385.81 |
02/06/26 |
|
26 |
10196747 |
1 |
OF |
Novato |
CA |
Actual/360 |
5.155% |
71,261.67 |
28,990.68 |
0.00 |
N/A |
11/06/28 |
-- |
17,773,452.08 |
17,744,461.40 |
03/06/26 |
|
28 |
10196749 |
1 |
RT |
Chicago |
IL |
Actual/360 |
5.130% |
69,825.00 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
17,500,000.00 |
17,500,000.00 |
03/06/26 |
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 16 of 31 |
|||||||||||||||
|
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 |
Loan Group Type |
City |
State |
Type |
Rate |
Interest |
Principal |
Adjustments Repay Date |
Date |
Date |
Balance |
Balance |
Date |
||
|
30 |
10196751 |
1 |
RT |
San Antonio |
TX |
Actual/360 |
4.705% |
56,194.43 |
0.00 |
0.00 |
N/A |
11/01/28 |
-- |
15,356,000.00 |
15,356,000.00 |
03/01/26 |
|
31 |
10196752 |
1 |
LO |
Frederick |
MD |
Actual/360 |
4.955% |
52,160.73 |
25,280.11 |
0.00 |
N/A |
10/06/28 |
-- |
13,534,570.27 |
13,509,290.16 |
03/06/26 |
|
32 |
10196753 |
1 |
MU |
Malibu |
CA |
Actual/360 |
4.828% |
47,877.67 |
0.00 |
0.00 |
N/A |
09/06/28 |
-- |
12,750,000.00 |
12,750,000.00 |
02/06/26 |
|
34 |
10196755 |
1 |
IN |
Various |
OH |
Actual/360 |
5.090% |
32,229.35 |
17,902.79 |
0.00 |
N/A |
10/06/28 |
-- |
8,141,008.45 |
8,123,105.66 |
03/06/26 |
|
35 |
10196756 |
1 |
OF |
Fresno |
CA |
Actual/360 |
4.920% |
32,936.41 |
15,470.41 |
0.00 |
N/A |
07/06/28 |
-- |
8,607,074.66 |
8,591,604.25 |
04/06/25 |
|
36 |
10196757 |
1 |
RT |
New York |
NY |
Actual/360 |
4.792% |
33,544.00 |
0.00 |
0.00 |
N/A |
10/01/28 |
-- |
9,000,000.00 |
9,000,000.00 |
03/01/26 |
|
37 |
10196758 |
1 |
MF |
Essexville |
MI |
Actual/360 |
4.849% |
29,727.71 |
17,759.10 |
0.00 |
N/A |
10/06/28 |
-- |
7,882,313.20 |
7,864,554.10 |
03/06/26 |
|
38 |
10196759 |
1 |
RT |
Fort Myers |
FL |
Actual/360 |
5.360% |
32,603.54 |
16,658.75 |
0.00 |
N/A |
11/06/28 |
-- |
7,820,678.60 |
7,804,019.85 |
03/06/26 |
|
39 |
10196760 |
1 |
MU |
New Orleans |
LA |
Actual/360 |
5.080% |
32,794.22 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
8,300,000.00 |
8,300,000.00 |
03/06/26 |
|
41 |
10196762 |
1 |
RT |
San Diego |
CA |
Actual/360 |
5.360% |
30,260.12 |
12,226.65 |
0.00 |
N/A |
11/06/28 |
-- |
7,258,558.66 |
7,246,332.01 |
02/06/26 |
|
42 |
10196763 |
1 |
SS |
Various |
NC |
Actual/360 |
5.190% |
26,723.82 |
14,413.18 |
0.00 |
N/A |
10/06/28 |
-- |
6,620,269.83 |
6,605,856.65 |
03/06/26 |
|
43 |
10196764 |
1 |
RT |
Florence |
KY |
Actual/360 |
5.100% |
25,488.43 |
12,518.05 |
0.00 |
N/A |
10/06/28 |
-- |
6,425,654.80 |
6,413,136.75 |
03/06/26 |
|
44 |
10196765 |
1 |
MF |
Brooklyn |
NY |
Actual/360 |
5.390% |
26,620.61 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
6,350,000.00 |
6,350,000.00 |
03/06/26 |
|
45 |
10196766 |
1 |
MU |
Tempe |
AZ |
Actual/360 |
4.950% |
21,572.62 |
9,386.04 |
0.00 |
N/A |
10/06/28 |
-- |
5,603,276.97 |
5,593,890.93 |
03/06/26 |
|
46 |
10196767 |
1 |
IN |
Lester Prairie |
MN |
Actual/360 |
5.280% |
18,929.52 |
8,773.64 |
0.00 |
N/A |
11/06/28 |
-- |
4,609,460.93 |
4,600,687.29 |
03/06/26 |
|
47 |
10196768 |
1 |
RT |
Sugar Grove |
IL |
Actual/360 |
4.783% |
16,052.28 |
0.00 |
0.00 |
N/A |
10/06/28 |
-- |
4,315,000.00 |
4,315,000.00 |
03/06/26 |
|
48 |
10196769 |
1 |
RT |
San Marcos |
CA |
Actual/360 |
5.300% |
16,489.39 |
7,000.00 |
0.00 |
N/A |
10/06/28 |
-- |
4,000,121.05 |
3,993,121.05 |
03/06/26 |
|
49 |
10196770 |
1 |
OF |
Winter Garden |
FL |
Actual/360 |
5.383% |
15,583.13 |
6,835.67 |
0.00 |
N/A |
10/06/28 |
-- |
3,721,986.77 |
3,715,151.10 |
03/06/26 |
|
50 |
10196771 |
1 |
MF |
Marble Falls |
TX |
Actual/360 |
5.060% |
9,748.13 |
4,574.98 |
0.00 |
N/A |
10/06/28 |
-- |
2,476,938.39 |
2,472,363.41 |
03/06/26 |
|
51 |
10196772 |
1 |
RT |
Richmond |
VA |
Actual/360 |
5.330% |
9,743.41 |
4,742.99 |
0.00 |
N/A |
10/06/28 |
-- |
2,350,325.83 |
2,345,582.84 |
03/06/26 |
|
Totals |
4,020,723.54 |
840,293.02 |
0.00 |
1,065,640,865.68 |
1,064,800,572.66 |
|||||||||||
|
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 17 of 31 |
|||||||||||||||
|
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 |
Loan Group |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
1 |
1 |
22,095,997.74 |
19,838,345.36 |
01/01/25 |
12/31/25 |
12/11/23 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
2 |
1 |
39,787,850.03 |
30,456,390.18 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
3 |
1 |
156,197,196.00 |
128,319,142.80 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
4 |
1 |
10,735,107.09 |
10,645,858.75 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
5 |
1 |
14,161,509.95 |
13,984,764.82 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
6 |
1 |
5,486,015.81 |
4,051,313.75 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
7 |
1 |
4,284,299.03 |
5,361,567.64 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
8 |
1 |
2,549,671.53 |
1,970,842.56 |
07/01/24 |
06/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
9 |
1 |
37,771,404.06 |
24,796,351.12 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
10 |
1 |
3,185,498.14 |
507,911.01 |
01/01/24 |
06/30/24 |
10/14/25 |
0.00 |
0.00 |
166,746.53 |
1,813,275.57 |
0.00 |
0.00 |
|
|
11 |
1 |
20,981,151.17 |
22,442,623.23 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
12 |
1 |
6,989,735.00 |
4,859,060.00 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
13 |
1 |
3,559,847.54 |
3,020,892.45 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
207,153.79 |
207,153.79 |
0.00 |
0.00 |
|
|
14 |
1 |
12,622,552.22 |
13,049,769.60 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
15 |
1 |
3,523,860.63 |
1,431,462.58 |
01/01/23 |
06/30/23 |
10/14/25 |
5,624,819.44 |
24,499.21 |
172,407.24 |
172,407.24 |
0.00 |
0.00 |
|
|
16 |
1 |
4,765,352.28 |
4,150,522.47 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
17 |
1 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
18 |
1 |
4,325,587.52 |
4,621,709.01 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
19 |
1 |
9,782,815.71 |
10,657,937.71 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
20 |
1 |
6,574,598.63 |
6,001,386.73 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
21 |
1 |
2,212,765.38 |
2,470,356.45 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
21B |
1 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
22 |
1 |
3,660,756.17 |
3,625,352.80 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
23 |
1 |
2,732,692.44 |
2,714,487.93 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
112,985.86 |
112,985.86 |
0.00 |
0.00 |
|
|
24 |
1 |
2,628,158.61 |
2,003,491.59 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
25 |
1 |
4,133,609.51 |
2,554,494.22 |
01/01/24 |
09/30/24 |
01/01/26 |
0.00 |
0.00 |
104,751.29 |
104,751.29 |
0.00 |
0.00 |
|
|
26 |
1 |
1,137,740.93 |
1,161,682.88 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
28 |
1 |
1,806,394.99 |
1,365,402.65 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 18 of 31 |
||||||||||||
|
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 |
Loan Group |
Fiscal NOI |
NOI |
Date |
Date |
Date |
Reduction Amount |
ASER |
Advances |
Advances |
Advances |
from Principal |
Defease Status |
|
30 |
1 |
1,382,833.93 |
(82,886.69) |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
31 |
1 |
1,816,516.83 |
1,800,073.83 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
32 |
1 |
628,317.07 |
448,288.94 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
47,828.09 |
47,828.09 |
0.00 |
0.00 |
|
|
34 |
1 |
1,201,009.10 |
679,625.91 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
35 |
1 |
772,219.60 |
545,700.57 |
01/01/24 |
06/30/24 |
07/11/25 |
2,176,078.00 |
81,106.96 |
39,997.52 |
450,965.95 |
5,099.16 |
0.00 |
|
|
36 |
1 |
424,520.54 |
540,323.42 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
37 |
1 |
1,353,588.26 |
1,373,337.20 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
38 |
1 |
903,339.89 |
682,807.75 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
39 |
1 |
397,452.60 |
293,110.99 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
41 |
1 |
737,599.36 |
654,242.82 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
41,908.11 |
41,908.11 |
0.00 |
0.00 |
|
|
42 |
1 |
981,309.77 |
412,838.33 |
01/01/25 |
06/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
43 |
1 |
615,872.50 |
461,552.33 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
44 |
1 |
455,514.97 |
475,305.04 |
10/01/24 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
45 |
1 |
730,942.88 |
698,159.49 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
46 |
1 |
598,916.76 |
614,739.42 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
47 |
1 |
686,035.06 |
691,791.76 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
48 |
1 |
306,227.16 |
329,740.48 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
49 |
1 |
615,912.91 |
334,879.74 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
50 |
1 |
271,760.31 |
206,820.04 |
01/01/25 |
09/30/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
51 |
1 |
246,399.96 |
246,399.96 |
01/01/25 |
12/31/25 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
Totals |
402,818,457.57 |
337,469,971.62 |
7,800,897.44 |
105,606.17 |
893,778.43 |
2,951,275.90 |
5,099.16 |
0.00 |
|||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 19 of 31 |
||||||||||||
|
Principal Prepayment Detail |
|||||
|
Unscheduled Principal |
Prepayment Penalties |
||||
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
No principal prepayments this period |
|||||
|
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 20 of 31 |
||||
|
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 |
|||||||||||||||||||
|
03/17/26 |
0 |
0.00 |
0 |
0.00 |
1 |
8,591,604.25 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.840018% |
4.823837% |
21 |
|
02/18/26 |
0 |
0.00 |
0 |
0.00 |
1 |
8,607,074.66 |
0 |
0.00 |
0 |
0.00 |
1 |
17,061,651.15 |
0 |
0.00 |
1 |
18,000,000.00 |
4.840305% |
4.824122% |
22 |
|
01/16/26 |
1 |
18,000,000.00 |
0 |
0.00 |
1 |
8,618,965.79 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.857334% |
4.841216% |
23 |
|
12/17/25 |
0 |
0.00 |
0 |
0.00 |
1 |
8,630,806.76 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
6,612.81 |
0 |
0.00 |
4.857542% |
4.841422% |
24 |
|
11/18/25 |
1 |
7,286,345.09 |
0 |
0.00 |
1 |
8,643,774.11 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
10,327.15 |
0 |
0.00 |
4.857770% |
4.841648% |
25 |
|
10/20/25 |
0 |
0.00 |
0 |
0.00 |
2 |
39,955,869.58 |
0 |
0.00 |
0 |
0.00 |
1 |
35,706,219.28 |
0 |
0.00 |
0 |
0.00 |
4.858213% |
4.842093% |
26 |
|
09/17/25 |
0 |
0.00 |
1 |
31,349,941.85 |
1 |
8,668,376.89 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
10,873.07 |
0 |
0.00 |
4.858435% |
4.842314% |
27 |
|
08/15/25 |
0 |
0.00 |
0 |
0.00 |
2 |
40,073,961.39 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.858640% |
4.842517% |
28 |
|
07/17/25 |
0 |
0.00 |
0 |
0.00 |
2 |
40,129,323.79 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.858839% |
4.842716% |
29 |
|
06/17/25 |
1 |
31,486,615.21 |
1 |
40,000,000.00 |
1 |
8,704,311.98 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.859057% |
4.842933% |
30 |
|
05/16/25 |
1 |
40,000,000.00 |
0 |
0.00 |
2 |
40,245,700.32 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.859255% |
4.843129% |
31 |
|
04/17/25 |
1 |
31,578,323.05 |
1 |
8,728,413.22 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.859470% |
4.843343% |
32 |
|
(1) Foreclosure and REO Totals are included in the delinquencies aging categories. |
|||||||||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 21 of 31 |
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|
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 |
|||
|
10 |
10192528 |
05/01/25 |
9 |
5 |
166,746.53 |
1,813,275.57 |
0.00 |
40,000,000.00 |
11/13/24 |
2 |
||||||
|
13 |
10196737 |
02/01/26 |
0 |
B |
207,153.79 |
207,153.79 |
0.00 |
36,031,312.54 |
||||||||
|
15 |
10195913 |
02/06/26 |
0 |
B |
172,407.24 |
172,407.24 |
19,552.17 |
31,115,546.21 |
08/09/23 |
2 |
||||||
|
23 |
10196745 |
02/06/26 |
0 |
B |
112,985.86 |
112,985.86 |
0.00 |
19,423,504.95 |
||||||||
|
25 |
10195607 |
02/06/26 |
0 |
B |
104,751.29 |
104,751.29 |
3,678.96 |
17,061,651.15 |
08/07/25 |
4 |
||||||
|
32 |
10196753 |
02/06/26 |
0 |
B |
47,828.09 |
47,828.09 |
0.00 |
12,750,000.00 |
||||||||
|
35 |
10196756 |
04/06/25 |
10 |
6 |
39,997.52 |
450,965.95 |
265,855.32 |
8,728,413.22 |
01/17/25 |
2 |
||||||
|
41 |
10196762 |
02/06/26 |
0 |
B |
41,908.11 |
41,908.11 |
0.00 |
7,258,558.66 |
||||||||
|
Totals |
893,778.43 |
2,951,275.90 |
289,086.45 |
172,368,986.73 |
||||||||||||
|
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 22 of 31 |
|||||||||||||||
|
Collateral Stratification and Historical Detail |
||||||||
|
Maturity Dates and Loan Status¹ |
||||||||
|
Total |
Performing |
Non-Performing |
REO/Foreclosure |
|||||
|
Past Maturity |
40,000,000 |
0 |
40,000,000 |
0 |
||||
|
0 - 6 Months |
132,886,179 |
132,886,179 |
0 |
0 |
||||
|
7 - 12 Months |
0 |
0 |
0 |
0 |
||||
|
13 - 24 Months |
0 |
0 |
0 |
0 |
||||
|
25 - 36 Months |
891,914,393 |
883,322,789 |
8,591,604 |
0 |
||||
|
37 - 48 Months |
0 |
0 |
0 |
0 |
||||
|
49 - 60 Months |
0 |
0 |
0 |
0 |
||||
|
> 60 Months |
0 |
0 |
0 |
0 |
||||
|
Historical Delinquency Information |
||||||||
|
Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
|||
|
Mar-26 |
1,064,800,573 |
1,016,208,968 |
0 |
0 |
48,591,604 |
0 |
||
|
Feb-26 |
1,065,640,866 |
1,017,033,791 |
0 |
0 |
48,607,075 |
0 |
||
|
Jan-26 |
1,084,300,191 |
1,017,681,225 |
18,000,000 |
0 |
48,618,966 |
0 |
||
|
Dec-25 |
1,084,956,565 |
1,036,325,758 |
0 |
0 |
48,630,807 |
0 |
||
|
Nov-25 |
1,085,675,920 |
1,029,745,801 |
7,286,345 |
0 |
48,643,774 |
0 |
||
|
Oct-25 |
1,087,006,996 |
989,189,570 |
0 |
0 |
97,817,425 |
0 |
||
|
Sep-25 |
1,087,710,856 |
1,007,692,538 |
0 |
31,349,942 |
48,668,377 |
0 |
||
|
Aug-25 |
1,088,362,776 |
1,008,288,814 |
0 |
0 |
80,073,961 |
0 |
||
|
Jul-25 |
1,089,000,953 |
1,008,871,629 |
0 |
0 |
80,129,324 |
0 |
||
|
Jun-25 |
1,089,696,151 |
1,009,505,223 |
31,486,615 |
40,000,000 |
8,704,312 |
0 |
||
|
May-25 |
1,090,328,359 |
1,010,082,659 |
40,000,000 |
0 |
40,245,700 |
0 |
||
|
Apr-25 |
1,091,017,789 |
1,050,711,053 |
31,578,323 |
8,728,413 |
0 |
0 |
||
|
(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 23 of 31 |
|||||||
|
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 |
|
1 |
10196718 |
72,859,793.43 |
72,859,793.43 |
226,300,000.00 |
07/18/24 |
19,838,345.36 |
1.82000 |
-- |
09/06/23 |
I/O |
|
9 |
10191204 |
43,000,000.00 |
43,000,000.00 |
414,000,000.00 |
05/31/23 |
24,796,351.12 |
1.25000 |
-- |
07/01/23 |
I/O |
|
10 |
10192528 |
40,000,000.00 |
40,000,000.00 |
-- |
507,911.01 |
0.39000 |
-- |
07/01/23 |
I/O |
|
|
15 |
10195913 |
31,054,165.26 |
31,115,546.21 |
28,200,000.00 |
08/12/25 |
1,431,462.58 |
1.04000 |
-- |
11/06/28 |
271 |
|
25 |
10195607 |
17,026,385.81 |
17,061,651.15 |
42,550,000.00 |
09/22/25 |
2,554,494.22 |
1.32000 |
-- |
09/06/23 |
271 |
|
35 |
10196756 |
8,591,604.25 |
8,728,413.22 |
8,050,000.00 |
09/01/25 |
545,700.57 |
1.88000 |
-- |
07/06/28 |
271 |
|
Totals |
212,531,948.75 |
212,765,404.01 |
719,100,000.00 |
49,674,264.86 |
||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 24 of 31 |
|||||||||
|
Specially Serviced Loan Detail - Part 2 |
||||||||
|
Servicing |
||||||||
|
Property |
Transfer |
Resolution |
||||||
|
Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
Special Servicing Comments |
||
|
1 |
10196718 |
OF |
NY |
02/10/26 |
13 |
|||
|
" |
3/11/2026 |
DUMBO Heights Whole Loan is secured by 4 office buildings in Brooklyn, NY totaling 753,074 SF. Borrower sent a hardship letter stating due to the commencement of the Extension Free Rent Period as defined in the Etsy Lease |
||||||
|
on 8/1/26, property will not generate adequate cashflow to make scheduled Debt Service payments from and after 8/1/26 and requested the transfer to special servicing. The Borrower is current on its debt service payments. Special Servicer has |
||||||||
|
engaged counsel and will initiate contact with the Borrower and engage on a PNA. |
||||||||
|
" |
||||||||
|
9 |
10191204 |
OF |
IL |
02/12/26 |
98 |
|||
|
" |
2/12/2026 |
This loan was transferred to SS on 2/12/2026. The borrower did not submit the $2,500,000.00 "Month 30 New Lease Reserve Deposit" to the Master Servicer. Borrower failed to satisfy Lender's conditions to approval, causing an |
||||||
|
Event of De fault. |
||||||||
|
" |
||||||||
|
10 |
10192528 |
Various |
Various |
11/13/24 |
2 |
|||
|
" |
10/30/2024 |
In accordance with Section 5.1.20 of the Loan Agreement dated 06/08/18, Any Major Lease with respect to any individual Property written after the date hereof, shall be subject to prior written approval of Lender, which approval |
||||||
|
shall no t be unreasonably withheld, conditioned or delayed. Upon request, Borrower shall furnish Lender with executed copies of all Leases. Major Lease shall mean any Lease which, either individually or when taken together with any other |
||||||||
|
Lease with the same Tenan t or its Affiliates either (a) demises in excess of 100,000 rentable square feet in the Improvements at any Individual Property or (b) demises in excess of 35,000 rentable square feet and is intended to be the only Lease |
||||||||
|
at any Individual Property. |
||||||||
|
10 /30/2024 |
Per 2Q24 (6/30/2024) Consolidated OSAR, NCF DSCR decreased (16.7%) from [1.32x at YE23 to 1.10x at 2Q24]. This decrease is primarily due to a (7.5%) [13mm] decrease in EGI. EGI decreased due to a (9.1%) [10mm] |
|||||||
|
decrease in base rent. The decrease in base rent is caused by a decrease in overall occupancy from [78.55% at YE23 to 75.96% at 2Q24]. TOE increased 5.0% [3.7mm], due to a 49.6% [8.5mm] increase in R&M. Analyst will reach out to |
||||||||
|
borrower for further insight as to what is causing this increase. Due to current NCF DSCR being below the threshold for 1F (75% of UW NCF [*1.57x]), Analyst recommends loan remain on WL for trigg 1F. |
||||||||
|
10/8/2024 |
Loan is a part of a 25 piece debt stack totaling approximately $1.3B |
|||||||
|
3/28/2024 |
Per 4Q23 (1 2/31/2023) Consolidated OSAR: NCF DSCR decreased (7.7%) from [1.43x at YE22 to 1.32x at 4Q23]. This is due to (0.3%) decrease in EGI. This decrease in EGI is caused by a (4.1%) [3mil] decrease in Expense |
|||||||
|
reimbursement. TOE decreased (3.8%) [3mil], mainly |
||||||||
|
15 |
10195913 |
RT |
IN |
08/09/23 |
2 |
|||
|
" |
3/11/2026 |
The Loan transferred to SS on 8/9/2023 for imminent default due to cash flow issues. The collateral consists of a 279K SF anchored retail strip center located in Indianapolis, IN built from 1983 to 1985, and renovated in 2005. The |
||||||
|
center sits on a 30.35-acre site and is adjacent to Castleton Square Mall. The top three tenants include Floor and Decor (72K SF/25% NRA), Dave & Buster's (35K SF/12.5% NRA), and REI (11.9K SF/4% NRA). Foreclosure has been filed and a |
||||||||
|
receiver has been appointe d. Lender will dual track foreclosure while evaluating alternative workout options. |
||||||||
|
" |
||||||||
|
25 |
10195607 |
OF |
DE |
08/07/25 |
4 |
|||
|
" |
3/11/2026 |
SS transfer date was 8/7/2025. The Loan is paid current. The Loan transferred to SS due to an imminent monetary default. The Loan is collateralized by Concord Plaza, a 12-building Class B office portfolio totaling 358,176 |
||||||
|
square feet a nd located at3511 Silverside Road in Wilmington, DE. The Borrower reported that they were not able to secure refinancing of the Loan prior to maturity. A Loan Extension and Modification was fully executed with Borrower extending |
||||||||
|
the Maturity Date to Sept ember 2027. |
||||||||
|
The Lender executed a loan modification extending the maturity date by one year to September 6, 2026. The Borrower also retains a one-year extension option, subject to achieving a 1.25x DSCR and satisfying other customary Lender |
||||||||
|
conditions. |
||||||||
|
" |
||||||||
|
35 |
10196756 |
OF |
CA |
01/17/25 |
2 |
|||
|
Special Servicer comments are not available for this cycle. |
||||||||
|
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 |
|||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 25 of 31 |
|||||||
|
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 26 of 31 |
|||||
|
Modified Loan Detail |
||||||||||
|
Pre-Modification |
Post-Modification |
Modification |
Modification |
|||||||
|
Loan |
Modification |
Modification Booking |
Closing |
Effective |
||||||
|
Balance |
Rate |
Balance |
Rate |
|||||||
|
Pros ID |
Loan Number |
Group |
Code¹ |
Date |
Date |
Date |
||||
|
1 |
10196718 |
1 0.00 |
4.05000% |
0.00 |
4.05000% |
1 |
05/22/24 |
05/22/24 |
05/22/24 |
|
|
8 |
10196734 |
1 0.00 |
5.13000% |
0.00 |
5.13000% |
8 |
11/11/21 |
02/19/21 |
11/11/21 |
|
|
9 |
10191204 |
1 0.00 |
4.62740% |
0.00 |
4.62740% |
1 |
08/07/23 |
08/07/23 |
09/01/23 |
|
|
9 |
10191204 |
1 0.00 |
4.62740% |
0.00 |
4.62740% |
1 |
09/01/23 |
08/07/23 |
08/07/23 |
|
|
10 |
10192528 |
1 0.00 |
5.37200% |
0.00 |
5.37200% |
1 |
07/01/23 |
07/01/23 |
07/01/23 |
|
|
12 |
10196736 |
1 0.00 |
5.31200% |
0.00 |
5.31200% |
8 |
09/25/25 |
09/25/25 |
10/01/25 |
|
|
16 |
10196739 |
1 0.00 |
5.59200% |
0.00 |
5.59200% |
8 |
11/11/21 |
07/08/21 |
11/11/21 |
|
|
25 |
10195607 |
1 0.00 |
5.24000% |
0.00 |
5.24000% |
1 |
05/30/24 |
05/30/24 |
05/30/24 |
|
|
25 |
10195607 |
1 0.00 |
5.24000% |
0.00 |
5.24000% |
1 |
01/27/26 |
01/27/26 |
01/27/26 |
|
|
32 |
10196753 |
1 0.00 |
4.82800% |
0.00 |
4.82800% |
8 |
06/11/21 |
04/05/21 |
06/11/21 |
|
|
36 |
10196757 |
1 0.00 |
4.79200% |
0.00 |
4.79200% |
8 |
03/01/22 |
03/01/22 |
04/11/22 |
|
|
36 |
10196757 |
1 0.00 |
4.79200% |
0.00 |
4.79200% |
8 |
04/11/22 |
03/01/22 |
03/01/22 |
|
|
Totals |
0.00 |
0.00 |
||||||||
|
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 27 of 31 |
|||||||||
|
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 |
|
27 |
10196748 |
02/18/26 |
18,000,000.00 |
166,800,000.00 |
18,603,988.64 |
603,988.64 |
18,603,988.64 |
18,000,000.00 |
0.00 |
0.00 |
0.00 |
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 |
0.00 |
|||
|
Cumulative Totals |
18,000,000.00 |
166,800,000.00 |
18,603,988.64 |
603,988.64 |
18,603,988.64 |
18,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|||
|
Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
|||||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 28 of 31 |
||||||||||||
|
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 |
|
27 |
10196748 |
02/18/26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 29 of 31 |
||||||||||
|
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) |
|
1 |
0.00 |
0.00 |
12,143.30 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
14 |
0.00 |
0.00 |
0.00 |
0.00 |
1,955.28 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
15 |
0.00 |
0.00 |
6,050.25 |
0.00 |
0.00 |
24,499.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
25 |
0.00 |
0.00 |
3,317.54 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
75.67 |
0.00 |
0.00 |
0.00 |
|
35 |
0.00 |
0.00 |
3,500.00 |
0.00 |
0.00 |
8,318.66 |
0.00 |
0.00 |
3,064.39 |
0.00 |
0.00 |
0.00 |
|
Total |
0.00 |
0.00 |
25,011.09 |
0.00 |
1,955.28 |
32,817.87 |
0.00 |
0.00 |
3,140.06 |
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 |
62,924.30 |
||||||||||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 30 of 31 |
|||||||||||
|
Supplemental Notes |
||
|
None |
||
|
© 2021 Computershare. All rights reserved. Confidential. |
Page 31 of 31 |
|
Benchmark 2018-B7 Mortgage Trust published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 14:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]