0001539497-16-002897.txt : 20160510 0001539497-16-002897.hdr.sgml : 20160510 20160510142417 ACCESSION NUMBER: 0001539497-16-002897 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160510 DATE AS OF CHANGE: 20160510 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2016-C34 CENTRAL INDEX KEY: 0001672587 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: 333-206677-05 FILM NUMBER: 161635122 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 n666_x9.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-206677-05

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

At: May 10 2016 12:34:05

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C34 - PUBLIC NEW ISSUE

**LAUNCH** $575.004 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	LAUNCH
A-1	AAA(sf)/AAAsf/Aaa(sf)	33.179	30.000%	2.81	46.1%	14.5%	+47
A-2	AAA(sf)/AAAsf/Aaa(sf)	100.629	30.000%	4.93	46.1%	14.5%	+80
A-3	AAA(sf)/AAAsf/Aaa(sf)	115.000	30.000%	9.64	46.1%	14.5%	+115
A-4	AAA(sf)/AAAsf/Aaa(sf)	172.158	30.000%	9.78	46.1%	14.5%	+117
A-SB	AAA(sf)/AAAsf/Aaa(sf)	45.985	30.000%	7.32	46.1%	14.5%	+107
A-S	AAA(sf)/AAAsf/Aa2(sf)	35.139	25.000%	9.89	49.4%	13.5%	+155
B	AA(low)(sf)/AA-sf/NR	36.018	19.875%	9.89	52.8%	12.6%	+215
C	A(low)(sf)/A-sf/NR	36.896	14.625%	9.89	56.3%	11.9%	+370


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	41.289	8.750%	9.89	60.1%	11.1%
A-3FL	AAA(sf)/AAAsf/Aaa(sf)	25.000	30.000%	9.64	46.1%	14.5%

COLLATERAL SUMMARY

INITIAL POOL BALANCE:	$702,787,500
NUMBER OF LOANS:	68
NUMBER OF PROPERTIES:	92
WA CUT-OFF LTV:	65.9%
WA BALLOON LTV:	57.7%
WA U/W NCF DSCR:	1.48x
WA U/W NOI DEBT YIELD:	10.1%
WA MORTGAGE RATE:	5.052%
TOP TEN LOANS %:	50.2%
WA REM TERM TO MATURITY (MOS):	111
WA REM AMORTIZATION TERM (MOS):	352
WA SEASONING (MOS):	2

LOAN SELLERS:	WFB(33.6%), NATIXIS(29.3%), RMF(18.2%), SPREF(14.7%), BASIS(4.2%)

TOP 3 PROPERTY TYPES:	RETAIL (38.0%), HOSPITALITY (16.1%), OFFICE (14.0%)

TOP 5 STATES:	CA(17.4%), PA(11.7%), TX(8.9%), MD(8.4%), NJ(7.8%)

MASTER SERVICER:	WELLS FARGO BANK, NATIONAL ASSOCIATION

SPECIAL SERVICER:	LNR PARTNERS, LLC

DIRECTING CERTIFICATEHOLDER:	PRIME FINANCE CMBS B-PIECE HOLDCO I, L.P.

DOCUMENTS & TIMING
TERM SHEET, ANNEX A-1:	ATTACHED
PRELIMINARY PROSPECTUS:	ATTACHED
PRESALE REPORTS:	TUES 5/3 AND WED 5/4
ANTICIPATED PRICING:	TODAY
ANTICIPATED SETTLEMENT:	MAY 24, 2016

ROADSHOW
MINNEAPOLIS, BREAKFAST:	TUES, 5/3 @ 7:30AM CT, THE GRAND HOTEL
HARTFORD, BREAKFAST:	TUES, 5/3 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON:	TUES, 5/3 @ 12:00PM ET, THE LANGHAM
NEW YORK 1x1's:	WED, 5/4
CONFERENCE CALLS:	UPON DEMAND

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM

REVIEW CODE: 2016WFCMC34

FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=2ffEEC

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.