0001539497-15-001523.txt : 20150925 0001539497-15-001523.hdr.sgml : 20150925 20150925152756 ACCESSION NUMBER: 0001539497-15-001523 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150925 DATE AS OF CHANGE: 20150925 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2015-NXS3 CENTRAL INDEX KEY: 0001652884 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: 333-195164-14 FILM NUMBER: 151125147 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 n545_x9.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-195164-14

From: WELLS ABF SYNDICATE WELLS FARGO (WELLS FARGO SECURITI)

At: Sep 25 2015 11:05:01

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-NXS3 - PUBLIC NEW ISSUE

**LAUNCH** $712.7 MM FIXED-RATE CMBS OFFERING

LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES, LLC

CO-MANAGERS: DEUTSCHE BANK SECURITIES INC. AND NATIXIS SECURITIES AMERICAS LLC

OFFERED CERTIFICATES - PUBLIC
CLASS	DBRS/KBRA/MDYS	SIZE($MM)	C/E	WAL	LAUNCH
A-1	AAA(sf)/AAA(sf)/Aaa(sf)	25.362	30.000%	2.55	+55
A-2	AAA(sf)/AAA(sf)/Aaa(sf)	160.171	30.000%	4.83	+73
A-3	AAA(sf)/AAA(sf)/Aaa(sf)	130.000	30.000%	9.81	+113
A-4	AAA(sf)/AAA(sf)/Aaa(sf)	206.848	30.000%	9.88	+115
A-SB	AAA(sf)/AAA(sf)/Aaa(sf)	47.768	30.000%	7.38	+105
A-S	AAA(sf)/AAA(sf)/Aa2(sf)	55.997	23.125%	9.92	+150
B	AA(low)(sf)/AA-(sf)/NR	43.780	17.750%	9.92	+210
C	A(low)(sf)/A-(sf)/NR	42.761	12.500%	9.92	+300

NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS	DBRS/KBRA/MDYS	SIZE($MM)	C/E	WAL	CUM LTV	NOI DY
D	BBB(low)(sf)/BBB-(sf)/NR	40.725	7.500%	9.92	54.2%	13.3%

COLLATERAL SUMMARY

CUT-OFF DATE BALANCE:	$814,499,765
NUMBER OF LOANS:	56
NUMBER OF PROPERTIES:	59
WA CUT-OFF LTV:	58.6%
WA BALLOON LTV:	52.8%
WA U/W NCF DSCR:	2.13x
WA U/W NOI DEBT YIELD:	12.3%
WA MORTGAGE RATE:	4.506%
TOP TEN LOANS %:	59.6%
WA REM TERM TO MATURITY (MOS):	107
WA REM AMORTIZATION TERM (MOS):	358
WA SEASONING (MOS):	2

LOAN SELLERS: NXS(47.6%), WFB(35.0%), SPREF(13.0%), NCB(4.4%)

TOP 3 PROPERTY TYPES: RETAIL (28.4%), OFFICE (23.9%), HOSPITALITY (19.7%)

TOP 5 STATES: CA(43.5%), NY(23.5%), TX(9.3%), TN(6.1%), FL(4.7%)

MASTER SERVICERS: WELLS FARGO BANK, NATIONAL ASSOCIATION AND NATIONAL COOPERATIVE BANK, N.A.

SPECIAL SERVICERS: LNR PARTNERS, LLC, MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION AND NATIONAL COOPERATIVE BANK, N.A.

SUBORDINATE CLASS REP: LNR SECURITIES HOLDINGS, LLC OR AN AFFILIATE

DOCUMENTS & TIMING

TERM SHEET, ANNEX A-1:	ATTACHED
PRELIMINARY FWP:	ATTACHED
PRESALE REPORTS:	MON, 9/21 AND TUES, 9/22
ANTICIPATED PRICING:	TODAY
ANTICIPATED SETTLEMENT:	OCTOBER 13, 2015

ROADSHOW

HARTFORD, BREAKFAST:	MON, 9/21 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON, LUNCH:	MON, 9/21 @ 12:00PM ET, BOSTON HARBOR HOTEL
MINNEAPOLIS, BREAKFAST:	TUES, 9/22 @ 7:30AM CT, THE GRAND HOTEL
NEW YORK 1x1's:	TUES, 9/22
CONFERENCE CALLS:	UPON DEMAND

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=5791bE

REVIEW CODE: WFC2015 (not case-sensitive)

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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If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you many obtain these documents from your sales representative, by calling 1-800-326-5897 or visiting www.sec.gov. If this communication relates to a securities offering exempt from US registration, you should contact your sales representative for the complete disclosure package. For information regarding Wells Fargo, see https://www.wellsfargo.com/com/disclaimer/wfid3. In Japan, see:

https://www.wellsfargo.com/com/disclaimer/wfsjb4.