0001539497-12-000736.txt : 20121203 0001539497-12-000736.hdr.sgml : 20121203 20121130192547 ACCESSION NUMBER: 0001539497-12-000736 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20121203 DATE AS OF CHANGE: 20121130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WFRBS Commercial Mortgage Trust 2012-C10 CENTRAL INDEX KEY: 0001561726 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-172366-05 FILM NUMBER: 121235890 BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC CENTRAL INDEX KEY: 0000850779 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561643598 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FORMER COMPANY: FORMER CONFORMED NAME: WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 20020304 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19960520 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19951013 FWP 1 n156_fwp11.htm FREE WRITING PROSPECTUS Unassociated Document
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-172366-05
     

 
WFRBS COMMERCIAL MORTGAGE TRUST 2012-C10 (WFRBS 2012-C10)
PUBLIC NEW ISSUE
$1,160.364MM FIXED-RATE CMBS OFFERING
 
CO-LEAD MANAGERS & JT BOOKRUNNERS: WELLS FARGO SECURITIES and RBS
CO-MANAGER: DEUTSCHE BANK SECURITIES
 
OFFERED CERTIFICATES - PUBLIC
CLASS
 DBRS/KBRA/MDY
 SIZE($MM)
 WAL
 Level
 Coupon
 Yield
 $Px
A-1
 AAA(sf)/AAA(sf)/Aaa(sf)
 82.960
 2.45
 32
 0.7340
 0.7239
99.9985
A-2
 AAA(sf)/AAA(sf)/Aaa(sf)
 85.912
 4.84
 50
 1.7650
 1.2222
102.4971
A-3
 AAA(sf)/AAA(sf)/Aaa(sf)
 521.167
 9.88
 95
 2.8750
 2.5901
102.4923
A-SB
 AAA(sf)/AAA(sf)/Aaa(sf)
 123.890
 7.36
 85
 2.4530
 2.0810
102.4983
A-S
 AAA(sf)/AAA(sf)/Aaa(sf)
 127.297
 9.99
 130
 3.2410
 2.9558
102.4958
B
 AA(low)(sf)/AA-(sf)/Aa3(sf)
76.705
 9.99
 180
 3.7440
 3.4558
102.4963
C
 A(low)(sf)/A-(sf)/A3(sf)
 42.433
 9.99
 250
 4.3968
 4.1559
102.4973

 
NON-OFFERED CERTIFICATES - PRIVATE (144A)
  
CLASS
 DBRS/KBRA/MDY
 SIZE($MM)
 WAL
 C/E
  
A-FL
 AAA(sf)/AAA(sf)/AAA(sf)
 100.000
 9.71
 30.000%
  
D
 BBB(low)(sf)/BBB-(sf)/Baa3(sf)
52.224
 9.99
 7.125%
  
 
 
COLLATERAL SUMMARY
 
CUT-OFF DATE BALANCE:
 $1,305,613,775
NUMBER OF LOANS:
 85
NUMBER OF PROPERTIES:
 122
WA CUT-OFF LTV:
 62.6%
WA BALLOON LTV:
 51.9%
WA U/W DSCR:
 1.82x
WA U/W NOI DEBT YIELD:
 11.8%
WA MORTGAGE RATE:
 4.495%
TOP TEN LOANS %:
 48.9%
WA TERM TO MATURITY (MOS):
 115
WA AMORTIZATION TERM (MOS):
 337
WA SEASONING (MOS):
 1
 
LOAN SELLERS:
 WFB (50.3%), RBS (29.7%), LIG I (12.5%),
 
 Basis (4.2%), C-III (3.3%)
 
TOP 5 PROPERTY TYPES:
 RT(43.8%),HOT(18.8%),OF(17.2%),IND(6.8%),SS(4.5%)
 
TOP 5 STATES:
 NC(18.1%),CO(9.6%),FL(8.9%),OH(7.0%),IL(6.5%)
 
MASTER SERVICER:
 WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER:
 MIDLAND LOAN SERVICES
SUBORDINATE CLASS REP:
 EIGHTFOLD REAL ESTATE CAPITAL FUND II, L.P.
 
TIMING
  
ANTICIPATED SETTLEMENT:
 DECEMBER 19, 2012
 
 
Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-172366) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
 
 
Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-172366) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov<http://www.sec.gov>. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com<mailto:wfs.cmbs@wellsfargo.com>.
 
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