FREE WRITING PROSPECTUS
|
||
FILED PURSUANT TO RULE 433
|
||
REGISTRATION FILE NO.: 333-172366-13
|
CLASS
|
DBRS/KBRA/MDY
|
$SIZE(MM)
|
SPD
|
$PX
|
YLD%
|
CPN%
|
X-A
|
AAA(sf)/AAA(sf)/Aaa(sf)
|
938.754
|
+130
|
8.0990
|
3.6528
|
1.4169
|
X-B
|
AAA(sf)/AAA(sf)/NR
|
223.736
|
+130
|
5.2559
|
3.8622
|
0.7345
|
CUT-OFF DATE BALANCE:
|
$1,251,672,501
|
NUMBER OF LOANS:
|
98
|
NUMBER OF PROPERTIES:
|
142
|
WA CUT-OFF LTV:
|
64.7%
|
WA BALLOON LTV:
|
55.1%
|
WA U/W DSCR:
|
1.83x
|
WA U/W NOI DEBT YIELD:
|
12.2%
|
WA MORTGAGE RATE:
|
4.871%
|
TOP TEN LOANS %:
|
46.9%
|
WA TERM TO MATURITY (MOS):
|
114
|
WA AMORTIZATION TERM (MOS):
|
351
|
WA SEASONING (MOS):
|
1
|
LOAN SELLERS:
|
WFB (30.5%), RBS (26.3%), RMF (25.5%),
|
C-III (6.4%), LIG I (5.0%), NCB (3.6%),
|
|
BASIS (2.8%)
|
|
TOP 5 PROPERTY TYPES:
|
RETAIL (33.2%), HOSPITALITY (18.7%),
|
MULTIFAMILY (15.3%), OFFICE (15.0%),
|
|
OTHER (7.0%)
|
|
TOP 5 STATES:
|
NJ(14.9%), TX(14.4%), NY(14.1%), CA(9.9%), MD(5.5%)
|
MASTER SERVICERS:
|
WELLS FARGO BANK, NATIONAL ASSOCIATION AND NCB, FSB
|
SPECIAL SERVICERS:
|
RIALTO CAPITAL ADVISORS, LLC AND NCB, FSB
|
SUBORDINATE CLASS REP:
|
RIALTO CMBS II, LLC OR AN AFFILIATE OF RIALTO
|
CAPITAL ADVISORS, LLC
|
|
ANTICIPATED PRICING:
|
This Afternoon
|
ANTICIPATED SETTLEMENT:
|
MAY 13, 2014
|