0001539497-15-000537.txt : 20150504 0001539497-15-000537.hdr.sgml : 20150504 20150504161451 ACCESSION NUMBER: 0001539497-15-000537 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150504 DATE AS OF CHANGE: 20150504 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2015-C28 CENTRAL INDEX KEY: 0001638933 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: 333-195164-08 FILM NUMBER: 15828601 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 n469_fwpx5.htm FREE WRITING PROSPECTUS Unassociated Document
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-195164-08
     
 
From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI)
Subject: Fwd:NEW ISSUE CMBS: WFCM 2015-C28 *PUBLIC ANNOUNCEMENT*
 
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C28 - PUBLIC NEW ISSUE
**ANNOUNCEMENT** $1,076 MM FIXED-RATE CMBS OFFERING
 
LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES
CO-MANAGERS: DEUTSCHE BANK SECURITIES, MORGAN STANLEY
 
 
OFFERED CERTIFICATES - PUBLIC
CLASS
DBRS/KBRA/MDY
SIZE($MM)
C/E
WAL
CUM LTV
NOI DY
A-1
AAA(sf)/AAA(sf)/Aaa(sf)
  42.399
30.000%
2.77
45.5%
14.7%
A-2
AAA(sf)/AAA(sf)/Aaa(sf)
  54.565
30.000%
4.86
45.5%
14.7%
A-3
AAA(sf)/AAA(sf)/Aaa(sf)
285.000
30.000%
9.87
45.5%
14.7%
A-4
AAA(sf)/AAA(sf)/Aaa(sf)
346.130
30.000%
9.90
45.5%
14.7%
A-SB
AAA(sf)/AAA(sf)/Aaa(sf)
  87.186
30.000%
7.48
45.5%
14.7%
A-S
AAA(sf)/AAA(sf)/Aa2(sf)
  88.807
22.375%
9.90
50.4%
13.2%
X-A
AAA(sf)/AAA(sf)/NR
904.087
N/A
N/A
N/A
N/A
X-B
AAA(sf)/AAA(sf)/NR
113.557
N/A
N/A
N/A
N/A
B
AA(low)(sf)/AA-(sf)/NR
  62.602
17.000%
9.98
53.9%
12.4%
C
A(low)(sf)/A-(sf)/NR
  50.955
12.625%
9.98
56.8%
11.8%
PEX
A(low)(sf)/A-(sf)/NR
202.364
12.625%
9.95
56.8%
11.8%
D
BBB(low)(sf)/BBB-(sf)/NR
  58.235
   7.625%
9.98
60.0%
11.1%
             
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS
DBRS/KBRA/MDY
SIZE($MM)
C/E
WAL
CUM LTV
NOI DY
A-4FL
AAA(sf)/AAA(sf)/Aaa(sf)
346.130
30.000%
9.90
45.5%
14.7%
             
 
 
COLLATERAL SUMMARY
 
CUT-OFF DATE BALANCE: $1,164,686,419
NUMBER OF LOANS: 99
NUMBER OF PROPERTIES: 134
WA CUT-OFF LTV: 65.0%
WA BALLOON LTV: 57.5%
WA U/W NCF DSCR: 1.69x
WA U/W NOI DEBT YIELD: 10.3%
WA MORTGAGE RATE: 4.171%
TOP TEN LOANS %: 47.3%
WA REM TERM TO MATURITY (MOS): 116
WA AMORTIZATION TERM (MOS): 347
WA SEASONING (MOS): 2
 
LOAN SELLERS: WFB(55.1%), RMF(24.1%), C-III(12.7%), BASIS(8.1%)
 
TOP 5 PROPERTY TYPES: RETAIL(33.8%), OFFICE(25.2%), SELF STORAGE(12.4%), HOSPITALITY(9.9%), MULTIFAMILY(8.4%)
 
TOP 5 STATES: CA(26.3%), TX(11.2%), PA(9.0%), NY(5.7%), FL(5.6%)
 
MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER: MIDLAND LOAN SERVICES
SUBORDINATE CLASS REP: AFFILIATE OF KKR SECURITIES HOLDINGS, LLC
 
DOCUMENTS & TIMING
TERM SHEET, ANNEX A-1, ATTACHED
PRELIMINARY FWP: ATTACHED
PRESALE REPORTS: MON, 5/4 - TUES, 5/5
ANTICIPATED PRICING: END OF WEEK 5/4 / BEGINNING OF 5/11
ANTICIPATED SETTLEMENT: MAY 21, 2015
 
ROADSHOW
HARTFORD, BREAKFAST: MON, 5/4 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON, LUNCH: MON, 5/4 @ 12:00PM ET, THE LANGHAM
MINNEAPOLIS, BREAKFAST: MON, 5/4 @ 7:30AM CT, GRAND HOTEL MINNEAPOLIS
NEW YORK 1x1's: TUES, 5/5
CONFERENCE CALLS: UPON DEMAND
 
PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM
REVIEW CODE: WFCM3478 (not case-sensitive)
DIRECT LINK: http://www.netroadshow.com/nrs/wp/default.html?show=4a8C56
 
 
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.
 
 
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