0001539497-15-000247.txt : 20150225 0001539497-15-000247.hdr.sgml : 20150225 20150225172120 ACCESSION NUMBER: 0001539497-15-000247 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150225 DATE AS OF CHANGE: 20150225 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2015-C27 CENTRAL INDEX KEY: 0001633533 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: 333-195164-05 FILM NUMBER: 15648994 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 n438_fwpx6.htm FREE WRITING PROSPECTUS Unassociated Document
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-195164-05
     
 
 
 
From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI)
Subject: Fwd:NEW ISSUE CMBS: WFCM 2015-C27 *PUBLIC ANNOUNCEMENT*
 
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C27 - PUBLIC NEW ISSUE
**ANNOUNCEMENT** $927.327 MM FIXED-RATE CMBS OFFERING
 
LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES
CO-MANAGER: BARCLAYS CAPITAL
 
OFFERED CERTIFICATES - PUBLIC
CLASS
DBRS/KBRA/MDY
SIZE($MM)
C/E
WAL
CUM LTV
NOI DY
A-1
AAA(sf)/AAA(sf)/Aaa(sf)
50.239
30.000%
2.99
47.1%
14.9%
A-2
AAA(sf)/AAA(sf)/Aaa(sf)
7.934
30.000%
4.93
47.1%
14.9%
A-3
AAA(sf)/AAA(sf)/Aaa(sf)
36.418
30.000%
6.92
47.1%
14.9%
A-4
AAA(sf)/AAA(sf)/Aaa(sf)
240.000
30.000%
9.78
47.1%
14.9%
A-5
AAA(sf)/AAA(sf)/Aaa(sf)
309.207
30.000%
9.92
47.1%
14.9%
A-SB
AAA(sf)/AAA(sf)/Aaa(sf)
89.627
30.000%
7.40
47.1%
14.9%
A-S
AAA(sf)/AAA(sf)/Aa2(sf)
79.897
22.375%
9.98
52.2%
13.5%
X-A
AAA(sf)/AAA(sf)/NR
813.376
N/A
N/A
N/A
N/A
X-B
AAA(sf)/AAA(sf)/NR
158.484
N/A
N/A
N/A
N/A
B
AA(sf)/AA(sf)/A1(sf)
45.842
18.000%
10.01
55.2%
12.8%
C
A(low)(sf)/A-(sf)/NR
68.109
11.500%
10.01
59.6%
11.8%
PEX
A(low)(sf)/A-(sf)/NR
193.848
11.500%
9.99
59.6%
11.8%
 
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS
DBRS/KBRA/MDY
SIZE($MM)
C/E
WAL
CUM LTV
NOI DY
D
BBB(low)(sf)/BBB-(sf)/NR
44.533
7.250%
10.01
62.4%
11.3%
             
 
COLLATERAL SUMMARY
  
   
CUT-OFF DATE BALANCE:
$1,047,828,035
NUMBER OF LOANS:
95
NUMBER OF PROPERTIES:
124
WA CUT-OFF LTV:
67.3%
WA BALLOON LTV:
57.8%
WA U/W NCF DSCR:
1.67x
WA U/W NOI DEBT YIELD:
10.5%
WA MORTGAGE RATE:
4.321%
TOP TEN LOANS %:
37.0%
WA TERM TO MATURITY (MOS):
118
WA AMORTIZATION TERM (MOS):  
355
WA SEASONING (MOS):
0
   
LOAN SELLERS:
WFB (37.0%), RMF (27.9%), PCC (14.6%), LIG I (11.3%), C-III (8.1%), BASIS (1.2%)
   
TOP 5 PROPERTY TYPES:
RETAIL (23.6%), HOSPITALITY (21.6%),  OFFICE (20.2%),SELF STORAGE (14.7%), MULTIFAMILY (12.0%)
   
TOP 5 STATES:
CA (16.6%), FL (13.0%), NC (9.0%), OH (8.5%), NM (4.6%)
   
MASTER SERVICER:
WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER:
RIALTO CAPITAL ADVISORS, LLC
SUBORDINATE CLASS REP:
RIALTO CMBS V, LLC or another affiliate of RIALTO CAPITAL ADVISORS, LLC
   
DOCUMENTS & TIMING
  
  TERM SHEET, ANNEX A-1, ATTACHED  
  
  PRELIMINARY FWP:
ATTACHED
  PRESALE REPORTS:
WED, 2/25 - THURS, 2/26
  ANTICIPATED PRICING:
EARLY WEEK OF 3/2
  ANTICIPATED SETTLEMENT:
MARCH 12, 2015
   
ROADSHOW
  
  NEW YORK 1x1's:
WED, 2/25
  HARTFORD, BREAKFAST:
THURS, 2/26 @ 8:30AM ET, MAX'S DOWNTOWN
  BOSTON, LUNCH:
THURS, 2/26 @ 12:00PM ET, THE LANGHAM
  MINNEAPOLIS, BREAKFAST:
THURS, 2/26 @ 7:30AM CT, GRAND HOTEL MINNEAPOLIS
  CONFERENCE CALLS:
UPON DEMAND
   
 
PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM
REVIEW CODE: WFCM15C27 (not case-sensitive)
DIRECT LINK: http: http://www.netroadshow.com/nrs/wp/default.html?show=6baCdA
 
 
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. 333-195164) 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.