EX-99.1 2 bak23yr4_ex991-202406.htm bak23yr4_ex991-202406.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

06/17/24

BANK5 2023-5YR4

Determination Date:

06/11/24

 

Next Distribution Date:

07/17/24

 

Record Date:

05/31/24

Commercial Mortgage Pass-Through Certificates

 

 

Series 2023-5YR4

 

           

Table of Contents

 

 

Contacts

 

 

 

Section

Pages

Role

Party and Contact Information

 

 

 

Certificate Distribution Detail

2

Depositor

Wells Fargo Commercial Mortgage Securities, Inc.

 

 

 

Certificate Factor Detail

3

 

Attention: Investor Relations

(704) 374-6161

 

 

Certificate Interest Reconciliation Detail

4

 

301 South College Street | Charlotte, NC 28202-0901 | United States

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

 

Exchangeable Certificate Detail

5

 

 

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Exchangeable Certificate Factor Detail

6

 

 

 

trustadministrationgroup@computershare.com

Additional Information

7

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

 

 

Bond / Collateral Reconciliation - Cash Flows

8

Master Servicer

Wells Fargo Bank, National Association

 

 

 

Bond / Collateral Reconciliation - Balances

9

 

Attn: Commercial Servicing

 

commercial.servicing@wellsfargo.com

 

 

 

550 South Tryon Street, 23rd Floor, MAC D1086-23A | Charlotte, NC 28202 | United States

 

Current Mortgage Loan and Property Stratification

10-14

 

 

 

 

 

 

Special Servicer

KeyBank National Association

 

 

Mortgage Loan Detail (Part 1)

15-16

 

 

 

 

 

 

 

www.key.com/key2cre

 

Surveillance_Inquiries@KeyBank.com

Mortgage Loan Detail (Part 2)

17-18

 

11501 Outlook Street, Suite 300 | Overland Park , KS 66211 | United States

 

Principal Prepayment Detail

19

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Historical Detail

20

Representations Reviewer

 

 

 

 

 

 

CMBS Notices

 

cmbs.notices@parkbridgefinancial.com

Delinquency Loan Detail

21

 

 

 

 

 

 

 

600 Third Avenue, 40th Floor | New York, NY 10016 | United States

 

 

Collateral Stratification and Historical Detail

22

 

 

 

 

 

 

Trustee

Computershare Trust Company, N.A.

 

 

Specially Serviced Loan Detail - Part 1

23

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 2

24

 

 

 

trustadministrationgroup@computershare.com

 

 

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

 

Modified Loan Detail

25

 

 

 

 

 

Historical Liquidated Loan Detail

26

 

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

27

 

 

 

 

 

Interest Shortfall Detail - Collateral Level

28

 

 

 

 

 

Supplemental Notes

29

 

 

 

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

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Page 1 of 29

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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-3

06211FAV0

6.500000%

520,886,000.00

450,886,000.00

0.00

2,442,299.17

0.00

0.00

2,442,299.17

450,886,000.00

33.12%

30.00%

A-S

06211FBA5

7.274000%

66,971,000.00

66,971,000.00

0.00

405,955.88

0.00

0.00

405,955.88

66,971,000.00

23.18%

21.00%

B

06211FBF4

7.858148%

38,136,000.00

38,136,000.00

0.00

249,731.95

0.00

0.00

249,731.95

38,136,000.00

17.52%

15.88%

C

06211FBL1

7.858148%

32,556,000.00

32,556,000.00

0.00

213,191.56

0.00

0.00

213,191.56

32,556,000.00

12.69%

11.50%

D

06211FAE8

4.000000%

15,849,000.00

15,849,000.00

0.00

52,830.00

0.00

0.00

52,830.00

15,849,000.00

10.34%

9.37%

E-RR

06211FAH1

7.858148%

10,195,000.00

10,195,000.00

0.00

66,761.52

0.00

0.00

66,761.52

10,195,000.00

8.83%

8.00%

F-RR

06211FAK4

7.858148%

7,441,000.00

7,441,000.00

0.00

48,727.07

0.00

0.00

48,727.07

7,441,000.00

7.73%

7.00%

G-RR

06211FAM0

7.858148%

11,162,000.00

11,162,000.00

0.00

73,093.88

0.00

0.00

73,093.88

11,162,000.00

6.07%

5.50%

J-RR

06211FAP3

7.858148%

11,162,000.00

11,162,000.00

0.00

73,093.88

0.00

0.00

73,093.88

11,162,000.00

4.42%

4.00%

K-RR*

06211FAR9

7.858148%

29,765,334.00

29,765,334.00

0.00

194,917.01

0.00

0.00

194,917.01

29,765,334.00

0.00%

0.00%

R

06211FAS7

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

744,123,334.00

674,123,334.00

0.00

3,820,601.92

0.00

0.00

3,820,601.92

674,123,334.00

 

 

 

 

X-A

06211FBR8

1.258052%

587,857,000.00

517,857,000.00

0.00

542,909.21

0.00

0.00

542,909.21

517,857,000.00

 

 

X-D

06211FAC2

3.858148%

15,849,000.00

15,849,000.00

0.00

50,956.49

0.00

0.00

50,956.49

15,849,000.00

 

 

Notional SubTotal

 

603,706,000.00

533,706,000.00

0.00

593,865.70

0.00

0.00

593,865.70

533,706,000.00

 

 

 

Deal Distribution Total

 

 

 

0.00

4,414,467.62

0.00

0.00

4,414,467.62

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(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

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(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

 

the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 of 29

 


 

 

                     

 

 

 

 

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

 

 

 

 

 

 

 

 

 

A-3

06211FAV0

865.61358915

0.00000000

4.68874028

0.00000000

0.00000000

0.00000000

0.00000000

4.68874028

865.61358915

A-S

06211FBA5

1,000.00000000

0.00000000

6.06166669

0.00000000

0.00000000

0.00000000

0.00000000

6.06166669

1,000.00000000

B

06211FBF4

1,000.00000000

0.00000000

6.54845684

0.00000000

0.00000000

0.00000000

0.00000000

6.54845684

1,000.00000000

C

06211FBL1

1,000.00000000

0.00000000

6.54845681

0.00000000

0.00000000

0.00000000

0.00000000

6.54845681

1,000.00000000

D

06211FAE8

1,000.00000000

0.00000000

3.33333333

0.00000000

0.00000000

0.00000000

0.00000000

3.33333333

1,000.00000000

E-RR

06211FAH1

1,000.00000000

0.00000000

6.54845709

0.00000000

0.00000000

0.00000000

0.00000000

6.54845709

1,000.00000000

F-RR

06211FAK4

1,000.00000000

0.00000000

6.54845720

0.00000000

0.00000000

0.00000000

0.00000000

6.54845720

1,000.00000000

G-RR

06211FAM0

1,000.00000000

0.00000000

6.54845727

0.00000000

0.00000000

0.00000000

0.00000000

6.54845727

1,000.00000000

J-RR

06211FAP3

1,000.00000000

0.00000000

6.54845727

0.00000000

0.00000000

0.00000000

0.00000000

6.54845727

1,000.00000000

K-RR

06211FAR9

1,000.00000000

0.00000000

6.54845701

0.00000000

0.00000000

0.00000000

0.00000000

6.54845701

1,000.00000000

R

06211FAS7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

06211FBR8

880.92342185

0.00000000

0.92353959

0.00000000

0.00000000

0.00000000

0.00000000

0.92353959

880.92342185

X-D

06211FAC2

1,000.00000000

0.00000000

3.21512335

0.00000000

0.00000000

0.00000000

0.00000000

3.21512335

1,000.00000000

 

 

 

 

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Page 3 of 29

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    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-3

05/01/24 - 05/30/24

30

0.00

2,442,299.17

0.00

2,442,299.17

0.00

0.00

0.00

2,442,299.17

0.00

 

A-S

05/01/24 - 05/30/24

30

0.00

405,955.88

0.00

405,955.88

0.00

0.00

0.00

405,955.88

0.00

 

X-A

05/01/24 - 05/30/24

30

0.00

542,909.21

0.00

542,909.21

0.00

0.00

0.00

542,909.21

0.00

 

X-D

05/01/24 - 05/30/24

30

0.00

50,956.49

0.00

50,956.49

0.00

0.00

0.00

50,956.49

0.00

 

B

05/01/24 - 05/30/24

30

0.00

249,731.95

0.00

249,731.95

0.00

0.00

0.00

249,731.95

0.00

 

C

05/01/24 - 05/30/24

30

0.00

213,191.56

0.00

213,191.56

0.00

0.00

0.00

213,191.56

0.00

 

D

05/01/24 - 05/30/24

30

0.00

52,830.00

0.00

52,830.00

0.00

0.00

0.00

52,830.00

0.00

 

E-RR

05/01/24 - 05/30/24

30

0.00

66,761.52

0.00

66,761.52

0.00

0.00

0.00

66,761.52

0.00

 

F-RR

05/01/24 - 05/30/24

30

0.00

48,727.07

0.00

48,727.07

0.00

0.00

0.00

48,727.07

0.00

 

G-RR

05/01/24 - 05/30/24

30

0.00

73,093.88

0.00

73,093.88

0.00

0.00

0.00

73,093.88

0.00

 

J-RR

05/01/24 - 05/30/24

30

0.00

73,093.88

0.00

73,093.88

0.00

0.00

0.00

73,093.88

0.00

 

K-RR

05/01/24 - 05/30/24

30

0.00

194,917.01

0.00

194,917.01

0.00

0.00

0.00

194,917.01

0.00

 

Totals

 

 

0.00

4,414,467.62

0.00

4,414,467.62

0.00

0.00

0.00

4,414,467.62

0.00

 

 

 

 

 

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Page 4 of 29

 


 

 

                         

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

A-3-1

06211FAW8

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-3-2

06211FAX6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-3-X1

06211FAY4

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-3-X2

06211FAZ1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-1

06211FBB3

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-2

06211FBC1

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-X1

06211FBD9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-S-X2

06211FBE7

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-1

06211FBG2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-2

06211FBH0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-X1

06211FBJ6

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

B-X2

06211FBK3

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-1

06211FBM9

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-2

06211FBN7

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-X1

06211FBP2

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

C-X2

06211FBQ0

N/A

0.00

0.00

0.00

0.00

0.00

 

0.00

 

0.00

0.00

A-3 (EC)

N/A

6.500000%

520,886,000.00

450,886,000.00

0.00

2,442,299.17

0.00

 

0.00

 

2,442,299.17

450,886,000.00

A-S (EC)

N/A

7.274000%

66,971,000.00

66,971,000.00

0.00

405,955.88

0.00

 

0.00

 

405,955.88

66,971,000.00

B (EC)

N/A

7.858148%

38,136,000.00

38,136,000.00

0.00

249,731.95

0.00

 

0.00

 

249,731.95

38,136,000.00

C (EC)

N/A

7.858148%

32,556,000.00

32,556,000.00

0.00

213,191.56

0.00

 

0.00

 

213,191.56

32,556,000.00

Exchangeable Certificates Total

 

658,549,000.00

588,549,000.00

0.00

3,311,178.56

0.00

 

0.00

 

3,311,178.56

588,549,000.00

 

 

 

 

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Page 5 of 29

 


 

 

                     

 

 

 

Exchangeable Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

     Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

     Losses

     Total Distribution

      Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-3-1

06211FAW8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3-2

06211FAX6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-1

06211FBB3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-2

06211FBC1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-1

06211FBG2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-2

06211FBH0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-1

06211FBM9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-2

06211FBN7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

A-3-X1

06211FAY4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3-X2

06211FAZ1

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-X1

06211FBD9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-S-X2

06211FBE7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-X1

06211FBJ6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

B-X2

06211FBK3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-X1

06211FBP2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

C-X2

06211FBQ0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

 

 

 

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Page 6 of 29

 


 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

4,414,467.62

 

Gain-on-Sale Reserve Account Summary

 

 

Beginning Balance

13,370.22

 

Deposit Amount

0.00

 

Withdrawal Amount

0.00

 

Ending Balance

13,370.22

 

(1) The Available Distribution Amount includes any Prepayment Premiums.

 

 

 

 

 

 

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Page 7 of 29

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,426,016.50

Master Servicing Fee

2,980.78

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,140.09

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

290.25

ARD Interest

0.00

Operating Advisor Fee

940.40

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

197.37

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,426,016.50

Total Fees

11,548.89

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

0.00

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

0.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

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

0.00

Total Expenses/Reimbursements

0.00

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,414,467.62

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

0.00

Gain on Sale Reserve Account Withdrawal

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Gain on Sale Reserve Account Deposit

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,414,467.62

Total Funds Collected

4,426,016.50

Total Funds Distributed

4,426,016.51

 

 

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Page 8 of 29

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

674,123,334.00

674,123,334.00

Beginning Certificate Balance

674,123,334.00

(-) Scheduled Principal Collections

0.00

0.00

(-) Principal Distributions

0.00

(-) 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

674,123,334.00

674,123,334.00

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

674,123,334.00

674,123,334.00

Ending Certificate Balance

674,123,334.00

Ending Actual Collateral Balance

674,123,334.00

674,123,334.00

 

 

 

 

 

 

 

                     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

7.86%

 

 

 

 

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.

 

 

 

 

 

 

 

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Page 9 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

$5,000,000 or less

4

15,650,000.00

2.32%

50

7.7021

1.349808

1.50 or less

17

299,883,334.00

44.48%

52

7.8094

1.349982

$5,000,001 to $15,000,000

14

136,423,334.00

20.24%

52

7.8546

1.581679

1.51 to 2.00

11

243,440,000.00

36.11%

51

7.7507

1.735322

$15,000,001 to $20,000,000

1

20,000,000.00

2.97%

45

5.5850

2.220000

2.01 or greater

4

130,800,000.00

19.40%

51

6.9662

2.588905

$20,000,001 to $30,000,000

5

132,750,000.00

19.69%

50

7.1896

1.534290

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

$30,000,001 to $50,000,000

6

242,300,000.00

35.94%

53

7.7610

1.649776

 

 

 

 

 

 

 

$50,000,001 to $70,000,000

1

55,000,000.00

8.16%

53

7.9600

1.348300

 

 

 

 

 

 

 

 

$70,000,001 or greater

1

72,000,000.00

10.68%

52

7.8250

2.875500

 

 

 

 

 

 

 

 

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is

 

used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 29

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Arkansas

2

4,864,666.00

0.72%

53

5.8200

2.117400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

1

17,724,502.00

2.63%

53

5.8200

2.117400

California

2

54,525,000.00

8.09%

53

8.1304

1.640165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

9

186,400,000.00

27.65%

53

8.1532

2.145948

Colorado

2

4,029,000.00

0.60%

52

7.0300

1.200000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

10

13,000,000.00

1.93%

54

7.6690

1.214600

Connecticut

3

81,700,000.00

12.12%

51

7.8620

1.754298

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

1

3,100,000.00

0.46%

52

8.2440

1.220000

Florida

2

36,000,000.00

5.34%

53

8.5402

1.420278

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

7

91,333,334.00

13.55%

45

6.2900

1.748161

Georgia

6

63,564,809.00

9.43%

54

8.5631

1.600877

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

1

28,000,000.00

4.15%

53

8.5500

1.340500

Illinois

2

7,713,411.00

1.14%

54

6.4368

1.520844

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

25

310,765,498.00

46.10%

52

7.7481

1.553147

Indiana

1

653,126.00

0.10%

53

5.8200

2.117400

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

14

23,800,000.00

3.53%

52

7.1415

1.216071

Louisiana

2

10,365,734.00

1.54%

53

7.9254

1.536347

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

68

674,123,334.00

100.00%

52

7.6246

1.729524

Maryland

3

2,150,474.00

0.32%

52

6.6055

1.521861

 

 

 

 

 

 

 

 

Massachusetts

1

2,164,250.00

0.32%

52

7.0300

1.200000

 

 

 

 

 

 

 

 

Michigan

8

8,655,517.00

1.28%

54

7.6690

1.214600

 

 

 

 

 

 

 

 

New York

6

38,923,334.00

5.77%

50

7.3752

1.439187

 

 

 

 

 

 

 

 

North Carolina

2

18,287,542.00

2.71%

53

5.8200

2.117400

 

 

 

 

 

 

 

 

North Dakota

1

12,350,000.00

1.83%

51

7.6200

1.420000

 

 

 

 

 

 

 

 

Ohio

2

31,190,483.00

4.63%

41

5.2365

1.867684

 

 

 

 

 

 

 

 

Oklahoma

1

855,821.00

0.13%

53

5.8200

2.117400

 

 

 

 

 

 

 

 

Pennsylvania

2

20,000,000.00

2.97%

53

8.7050

1.530000

 

 

 

 

 

 

 

 

Tennessee

3

20,454,000.00

3.03%

53

7.9998

1.694375

 

 

 

 

 

 

 

 

Texas

12

203,378,963.00

30.17%

53

7.6419

1.890727

 

 

 

 

 

 

 

 

Virginia

3

22,297,204.00

3.31%

50

8.0472

1.716453

 

 

 

 

 

 

 

 

Washington

1

20,000,000.00

2.97%

45

5.5850

2.220000

 

 

 

 

 

 

 

 

Washington, DC

1

10,000,000.00

1.48%

49

7.5470

1.490400

 

 

 

 

 

 

 

 

Totals

68

674,123,334.00

100.00%

52

7.6246

1.729524

 

 

 

 

 

 

 

 

 

Note: Please refer to footnotes on the next page of the report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

5.5000% or less

1

30,000,000.00

4.45%

41

5.1400

1.893600

12 months or less

30

624,123,334.00

92.58%

52

7.8093

1.705921

 

5.5001% to 6.0000%

2

53,100,000.00

7.88%

50

5.7315

2.156044

13 months or greater

2

50,000,000.00

7.42%

43

5.3180

2.024160

 

6.0001% to 7.0000%

2

10,240,000.00

1.52%

54

6.6784

1.506944

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

 

7.0001% to 7.5000%

6

89,583,334.00

13.29%

51

7.1734

1.320149

 

 

 

 

 

 

 

 

7.5001% to 8.0000%

9

271,550,000.00

40.28%

52

7.7889

1.908912

 

 

 

 

 

 

 

 

8.0001% to 8.2500%

5

79,450,000.00

11.79%

53

8.1714

1.668627

 

 

 

 

 

 

 

 

8.2501% or greater

7

140,200,000.00

20.80%

53

8.6023

1.497767

 

 

 

 

 

 

 

 

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

60 months or less

32

674,123,334.00

100.00%

52

7.6246

1.729524

Interest Only

32

674,123,334.00

100.00%

52

7.6246

1.729524

 

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

60 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 13 of 29

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

Underwriter's Information

19

362,683,334.00

53.80%

52

7.7524

1.547862

 

 

No outstanding loans in this group

 

 

Totals

32

674,123,334.00

100.00%

52

7.6246

1.729524

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

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Page 14 of 29

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

Prop

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Type

 

 

Accrual

Gross

     Scheduled

     Scheduled

Principal              Anticipated            Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

(1)

City

State

Type

Rate

   Interest

    Principal

  Adjustments        Repay Date

Date

Date

Balance

Balance

Date

1

310965636

RT

West Hartford

CT

Actual/360

7.795%

335,618.06

0.00

0.00

N/A

09/06/28

--

50,000,000.00

50,000,000.00

06/06/24

1A

310965662

RT

West Hartford

CT

Actual/360

7.795%

161,096.67

0.00

0.00

N/A

09/06/28

--

24,000,000.00

24,000,000.00

06/06/24

2

231009368

LO

Addison

TX

Actual/360

7.825%

485,150.00

0.00

0.00

N/A

10/01/28

--

72,000,000.00

72,000,000.00

06/01/24

4

231008610

RT

Harker Heights

TX

Actual/360

7.960%

376,994.44

0.00

0.00

N/A

11/01/28

--

55,000,000.00

55,000,000.00

06/01/24

5

310965244

LO

Rancho Mirage

CA

Actual/360

8.230%

354,347.22

0.00

0.00

N/A

11/11/28

--

50,000,000.00

50,000,000.00

06/11/24

6

327630006

RT

Sandy Springs

GA

Actual/360

8.800%

318,266.67

0.00

0.00

N/A

12/05/28

--

42,000,000.00

42,000,000.00

06/05/24

7

231009036

RT

Richmond

TX

Actual/360

7.030%

223,983.61

0.00

0.00

N/A

10/01/28

--

37,000,000.00

37,000,000.00

06/01/24

8

300802412

Various      Various

Various

Actual/360

5.820%

165,886.17

0.00

0.00

N/A

11/01/28

--

33,100,000.00

33,100,000.00

06/01/24

9

300802382

OF

New York

NY

Actual/360

7.440%

72,608.89

0.00

0.00

N/A

07/06/28

--

11,333,334.00

11,333,334.00

06/06/24

9A

300802383

OF

New York

NY

Actual/360

7.440%

32,033.33

0.00

0.00

N/A

07/06/28

--

5,000,000.00

5,000,000.00

06/06/24

9B

300802391

OF

New York

NY

Actual/360

7.440%

64,066.67

0.00

0.00

N/A

07/06/28

--

10,000,000.00

10,000,000.00

06/06/24

9C

300802396

OF

New York

NY

Actual/360

7.440%

32,033.33

0.00

0.00

N/A

07/06/28

--

5,000,000.00

5,000,000.00

06/06/24

10

300802415

LO

Various

Various

Actual/360

8.506%

221,203.26

0.00

0.00

N/A

12/01/28

--

30,200,000.00

30,200,000.00

06/01/24

11

453121113

OF

Columbus

OH

Actual/360

5.140%

132,783.33

0.00

0.00

N/A

11/05/27

--

30,000,000.00

30,000,000.00

06/05/24

12

231009531

RT

Corpus Christi

TX

Actual/360

7.605%

193,188.12

0.00

0.00

N/A

12/01/28

--

29,500,000.00

29,500,000.00

06/01/24

13

231009582

98

Altamonte Springs

FL

Actual/360

8.550%

206,150.00

0.00

0.00

N/A

11/01/28

--

28,000,000.00

28,000,000.00

06/01/24

14

310964698

SS

Various

Various

Actual/360

7.030%

128,639.24

0.00

0.00

N/A

10/06/28

--

21,250,000.00

21,250,000.00

06/06/24

15

300802401

RT

Richmond

VA

Actual/360

8.303%

71,498.06

0.00

0.00

N/A

08/01/28

--

10,000,000.00

10,000,000.00

06/01/24

15A

300802402

RT

Richmond

VA

Actual/360

8.303%

71,498.06

0.00

0.00

N/A

08/01/28

--

10,000,000.00

10,000,000.00

06/01/24

16

453121111

OF

Seattle

WA

Actual/360

5.585%

96,186.11

0.00

0.00

N/A

03/09/28

--

20,000,000.00

20,000,000.00

06/09/24

17

310966003

LO

Philadelphia

PA

Actual/360

8.705%

74,959.72

0.00

0.00

N/A

11/06/28

--

10,000,000.00

10,000,000.00

06/06/24

17A

327630017

LO

Philadelphia

PA

Actual/360

8.705%

74,959.72

0.00

0.00

N/A

11/06/28

--

10,000,000.00

10,000,000.00

06/06/24

18

231008939

LO

Chattanooga

TN

Actual/360

8.020%

98,066.78

0.00

0.00

N/A

11/01/28

--

14,200,000.00

14,200,000.00

06/01/24

19

300802414

MH

Various

Various

Actual/360

7.669%

85,850.19

0.00

0.00

N/A

12/01/28

--

13,000,000.00

13,000,000.00

06/01/24

20

231008661

RT

Fargo

ND

Actual/360

7.620%

81,036.58

0.00

0.00

N/A

09/01/28

--

12,350,000.00

12,350,000.00

06/01/24

21

327630021

OF

Washington

DC

Actual/360

7.547%

64,988.06

0.00

0.00

N/A

07/05/28

--

10,000,000.00

10,000,000.00

06/05/24

22

300802411

RT

Denham Springs

LA

Actual/360

8.093%

66,904.61

0.00

0.00

N/A

11/01/28

--

9,600,000.00

9,600,000.00

06/01/24

23

231008225

RT

Locust Grove

GA

Actual/360

7.620%

37,401.50

0.00

0.00

N/A

10/01/28

--

5,700,000.00

5,700,000.00

06/01/24

 

 

 

 

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Page 15 of 29

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

Prop

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Type

 

 

Accrual

Gross

   Scheduled

    Scheduled

Principal

Anticipated              Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

(1)

City

State

Type

Rate

  Interest

     Principal

Adjustments          Repay Date

Date

Date

Balance

Balance

Date

24

231009645

RT

Bolingbrook

IL

Actual/360

6.735%

30,157.83

0.00

0.00

N/A

12/01/28

--

5,200,000.00

5,200,000.00

06/01/24

25

410965495

RT

New York

NY

Actual/360

6.620%

28,730.80

0.00

0.00

N/A

11/11/28

--

5,040,000.00

5,040,000.00

06/11/24

26

410964998

MF

Memphis

TN

Actual/360

8.244%

22,006.90

0.00

0.00

N/A

10/11/28

--

3,100,000.00

3,100,000.00

06/11/24

27

300802410

SS

Walden

NY

Actual/360

8.071%

17,722.57

0.00

0.00

N/A

11/01/28

--

2,550,000.00

2,550,000.00

06/01/24

Totals

 

 

 

 

 

 

4,426,016.50

0.00

0.00

 

 

 

674,123,334.00

674,123,334.00

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 16 of 29

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

     Most Recent            Most Recent         Appraisal

 

 

 

 

    Cumulative

Current

 

 

 

Most Recent

   Most Recent

    NOI Start

     NOI End

    Reduction

Appraisal

    Cumulative

    Current P&I

Cumulative P&I

    Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

    NOI

  Date

      Date

    Date

Reduction Amount

      ASER

    Advances

    Advances

    Advances

from Principal

Defease Status

 

1

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

0.00

4,530,137.00

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

0.00

1,613,875.00

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

0.00

1,085,915.00

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9C

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

0.00

5,174,456.57

04/01/23

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

7,598,762.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

0.00

829,865.80

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

27,626,162.32

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

2,449,496.80

04/01/23

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

0.00

310,780.04

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

0.00

4,841,945.45

04/01/23

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

0.00

349,364.75

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 17 of 29

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

   Most Recent              Most Recent         Appraisal

 

 

 

 

    Cumulative

Current

 

 

 

Most Recent

Most Recent

   NOI Start

     NOI End

    Reduction

Appraisal

      Cumulative

Current P&I

Cumulative P&I

   Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

  Date

  Date

   Date

Reduction Amount

     ASER

    Advances

   Advances

    Advances

from Principal

Defease Status

 

24

0.00

121,676.00

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

0.00

151,054.50

01/01/24

03/31/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

35,224,924.32

21,458,566.91

 

 

 

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 18 of 29

 


 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

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.

 

 

 

 

 

 

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Page 19 of 29

 


 

 

                                         

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

Rate and Maturities

 

 

            30-59 Days

 

           60-89 Days

 

         90 Days or More

 

         Foreclosure

 

        REO

 

    Modifications

 

 

      Curtailments

 

     Payoff

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

       Balance

#

         Balance

#

      Balance

#

       Balance

#

      Balance

#

   Balance

 

#

      Amount

#

     Amount

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.624555%

7.604660%

52

05/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

2

70,000,000.00

7.624555%

7.604660%

53

04/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.554149%

7.510866%

54

03/15/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.554149%

7.534384%

55

02/16/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.554149%

7.534384%

56

01/18/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

7.554149%

7.534384%

57

(1) Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 20 of 29

 


 

 

                               

 

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

Outstanding

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

Servicer

Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

Advances

Balance

Date

Code²

 

Date

Date

REO Date

 

 

 

 

 

 

 

No delinquent loans this period

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

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Page 21 of 29

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

               Total

        Performing

                      Non-Performing

        REO/Foreclosure

 

 

Past Maturity

 

0

0

 

0

 

0

 

0 - 6 Months

 

0

0

 

0

 

0

 

7 - 12 Months

 

0

0

 

0

 

0

 

13 - 24 Months

 

0

0

 

0

 

0

 

25 - 36 Months

 

0

0

 

0

 

0

 

37 - 48 Months

 

50,000,000

50,000,000

 

0

 

0

 

49 - 60 Months

 

624,123,334

624,123,334

 

0

 

0

 

> 60 Months

 

0

0

 

0

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

    Current

       30-59 Days

60-89 Days

90+ Days

 

    REO/Foreclosure

 

 

Jun-24

674,123,334

674,123,334

0

0

0

 

0

 

May-24

674,123,334

674,123,334

0

0

0

 

0

 

Apr-24

744,123,334

744,123,334

0

0

0

 

0

 

Mar-24

744,123,334

744,123,334

0

0

0

 

0

 

Feb-24

744,123,334

744,123,334

0

0

0

 

0

 

Jan-24

744,123,334

744,123,334

0

0

0

 

0

 

 

 

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

 

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Page 22 of 29

 


 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

 

 

 

 

No specially serviced loans this period

 

 

 

 

 

 

 

 

 

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Page 23 of 29

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

 

 

 

 

 

No specially serviced loans this period

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 24 of 29

 


 

 

                 

 

 

 

 

Modified Loan Detail

 

 

 

 

 

 

Pre-Modification

Post-Modification

 

Modification

Modification

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

Balance

Rate

Balance

Rate

 

 

 

Pros ID

Loan Number

 

 

 

Code¹

Date

Date

Date

 

 

 

 

No modified loans this period

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

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Page 25 of 29

 


 

 

                       

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

        Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹        Number              Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

 

 

 

 

No liquidated loans this period

 

 

 

 

 

Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

 

 

 

 

 

 

 

 

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Page 26 of 29

 


 

 

                     

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

         Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID           Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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Page 27 of 29

 


 

 

                         

 

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

Collected

Monthly

Liquidation

Work Out

ASER

PPIS / (PPIE)

Interest

Advances

Interest

(Refunds)

(Excess)

 

 

 

 

 

No interest shortfalls this period

 

 

 

 

 

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.

 

 

 

 

 

 

 

 

 

 

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Page 28 of 29

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 29 of 29