----- Original Message -----
From: WELLS ABF SYNDICATE WELLS FARGO (WELLS FARGO SECURITI)
At: Dec 17 2013 15:07:55
WFRBS COMMERCIAL MORTGAGE TRUST 2013-C18 - PUBLIC NEW ISSUE X-A (IO)
****X-A GUIDANCE****
CO-LEAD MANAGERS & JT BOOKRUNNERS: WELLS FARGO SECURITIES AND RBS
CO-MANAGER: DEUTSCHE BANK SECURITIES
OFFERED CERTIFICATES - PUBLIC
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CLASS
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DBRS/F/MDY
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$SIZE(MM)
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~$PROCEEDS
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Guidance
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X-A
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AAA(sf)/AAA(sf)/Aaa(sf)
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*796.631
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~48.9MM
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T+165
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*NOTIONAL AMOUNT
COLLATERAL SUMMARY
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CUT-OFF DATE BALANCE:
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$1,037,956,638
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NUMBER OF LOANS:
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67
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NUMBER OF PROPERTIES:
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73
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WA CUT-OFF LTV:
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54.4%
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WA BALLOON LTV:
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47.3%
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WA U/W DSCR:
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2.48x
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WA U/W NOI DEBT YIELD:
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13.8%
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WA MORTGAGE RATE:
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4.714%
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TOP TEN LOANS %:
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67.0%
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|
WA TERM TO MATURITY (MOS):
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109
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WA AMORTIZATION TERM (MOS):
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343
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WA SEASONING (MOS):
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0
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| |
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LOAN SELLERS:
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WFB (37.5%), RBS (37.2%), LIG I (8.9%),
|
| |
BASIS (4.8%), NCB (4.2%), UBSRES (3.7%),
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C-III (3.6%)
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|
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TOP 5 PROPERTY TYPES:
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RETAIL (39.1%), HOSPITALITY (21.3%),
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MULTIFAMILY (13.7%), OTHER (13.5%),
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MIXED USE (4.6%)
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| |
|
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TOP 5 STATES:
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NJ(30.3%), GA(16.9%), NY(11.2%), IL(10.5%), OH(4.9%)
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| |
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MASTER SERVICER:
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WELLS FARGO BANK, NATIONAL ASSOCIATION AND NCB, FSB
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SPECIAL SERVICER:
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MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, N.A.
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AND NCB, FSB
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SUBORDINATE CLASS REP:
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EIGHTFOLD REAL ESTATE CAPITAL FUND III, L.P.
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TIMING
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|
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ANTICIPATED PRICING:
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MID-WEEK
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ANTICIPATED SETTLEMENT:
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DECEMBER 23, 2013
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GLOBAL CALL REPLAY:
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(855) 859-2056 CONFERENCE ID:20300405
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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.
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