0001539497-16-002621.txt : 20160315 0001539497-16-002621.hdr.sgml : 20160315 20160315163253 ACCESSION NUMBER: 0001539497-16-002621 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160315 DATE AS OF CHANGE: 20160315 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2016-C33 CENTRAL INDEX KEY: 0001668931 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: 333-206677-04 FILM NUMBER: 161507321 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 n648_fwp-x7.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-206677-04

----- Original Message -----

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C33 - PUBLIC NEW ISSUE

**ANNOUNCEMENT** $622.301 MM FIXED-RATE CMBS OFFERING

LEAD MANAGER AND SOLE BOOKRUNNER: WELLS FARGO SECURITIES, LLC

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

OFFERED CERTIFICATES - PUBLIC

CLASS	DBRS/FITCH/MDYS	SIZE($MM)	C/E	WAL	CUM LTV	NOI DY
A-1	AAA(sf)/AAAsf/Aaa(sf)	30.449	30.000%	2.67	41.3%	19.9%
A-2	AAA(sf)/AAAsf/Aaa(sf)	84.502	30.000%	4.81	41.3%	19.9%
A-3	AAA(sf)/AAAsf/Aaa(sf)	150.000	30.000%	9.71	41.3%	19.9%
A-4	AAA(sf)/AAAsf/Aaa(sf)	191.116	30.000%	9.87	41.3%	19.9%
A-SB	AAA(sf)/AAAsf/Aaa(sf)	42.486	30.000%	7.25	41.3%	19.9%
A-S	AAA(sf)/AAAsf/Aa2(sf)	53.416	22.500%	9.88	45.7%	18.0%
X-A	AAA(sf)/AAAsf/NR	551.969	N/A	N/A	N/A	N/A
X-B	AAA(sf)/A-sf/NR	70.332	N/A	N/A	N/A	N/A
B	AA(low)(sf)/AA-sf/NR	38.282	17.125%	9.92	48.9%	16.8%
C	A(low)(sf)/A-sf/NR	32.050	12.625%	9.96	51.6%	16.0%


NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS	DBRS/FITCH/MDYS	SIZE($MM)	C/E	WAL	CUM LTV	NOI DY
D	BBB(low)(sf)/BBB-sf/NR	35.611	7.625%	9.96	54.5%	15.1%
X-D	BBB(low)(sf)/BBB-sf/NR	35.611	N/A	N/A	N/A	N/A

COLLATERAL SUMMARY

INITIAL POOL BALANCE:	$712,219,087
NUMBER OF LOANS:	79
NUMBER OF PROPERTIES:	104
WA CUT-OFF LTV:	59.0%
WA BALLOON LTV:	52.1%
WA U/W NCF DSCR:	2.18x
WA U/W NOI DEBT YIELD:	14.0%
WA MORTGAGE RATE:	5.023%
TOP TEN LOANS %:	45.5%
WA REM TERM TO MATURITY (MOS):	112
WA REM AMORTIZATION TERM (MOS):	353
WA SEASONING (MOS):	1

LOAN SELLERS:	WFB(27.9%), LCF(26.5%), RMF(21.2%), C-III(10.8%), NATIXIS(8.1%), NCB(5.5%)

TOP 3 PROPERTY TYPES:	OFFICE (32.4%), RETAIL (18.6%), MULTIFAMILY (16.1%)

TOP 5 STATES:	NY(15.5%), TX(12.5%), NJ(10.7%), MI(9.9%), FL(7.7%)

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

SPECIAL SERVICERS:	RIALTO CAPITAL ADVISORS, LLC AND NATIONAL COOPERATIVE BANK, N.A.

SUBORDINATE CLASS REP:	RIALTO CMBS IX, LLC OR ANOTHER AFFILIATE OF RIALTO CAPITAL ADVISORS, LLC

DOCUMENTS & TIMING
TERM SHEET, ANNEX A-1:	ATTACHED
PRELIMINARY PROSPECTUS:	ATTACHED
PRESALE REPORTS:	TUES 3/15 AND WED 3/16
ANTICIPATED PRICING:	END OF THE WEEK OF 3/14
ANTICIPATED SETTLEMENT:	MARCH 31, 2016

ROADSHOW
MINNEAPOLIS, BREAKFAST:	TUES, 3/15 @ 7:30AM CT, THE GRAND HOTEL
HARTFORD, BREAKFAST:	TUES, 3/15 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON:	TUES, 3/15 @ 12:00PM ET, THE LANGHAM
NEW YORK 1x1's:	WED, 3/16
CONFERENCE CALLS:	UPON DEMAND

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM REVIEW CODE: WFCMC33 FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=d436e1

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. 333-206677) 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.