0001539497-16-003183.txt : 20160712 0001539497-16-003183.hdr.sgml : 20160712 20160712123424 ACCESSION NUMBER: 0001539497-16-003183 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160712 DATE AS OF CHANGE: 20160712 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2016-C35 CENTRAL INDEX KEY: 0001676734 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: 333-206677-06 FILM NUMBER: 161763583 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 n692_x8.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-206677-06

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

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

At: Jul 12 2016 08:35:49

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C35 - PUBLIC NEW ISSUE

**ANNOUNCEMENT** $883.512 MM FIXED-RATE CMBS OFFERING

CO-LEAD MANAGERS & JOINT BOOKRUNNERS: WELLS FARGO SECURITIES, LLC, BARCLAYS CAPITAL INC. AND UBS SECURITIES LLC

CO-MANAGERS: ACADEMY SECURITIES, INC. AND SG AMERICAS SECURITIES, LLC

OFFERED CERTIFICATES - PUBLIC
CLASS	FITCH/KBRA/MDYS	SIZE($MM)	C/E	WAL	CUM LTV	NOI DY
A-1	AAAsf/AAA(sf)/Aaa(sf)	47.834	30.000%	2.54	42.7%	17.9%
A-2	AAAsf/AAA(sf)/Aaa(sf)	58.672	30.000%	4.81	42.7%	17.9%
A-3	AAAsf/AAA(sf)/Aaa(sf)	265.000	30.000%	9.76	42.7%	17.9%
A-4	AAAsf/AAA(sf)/Aaa(sf)	277.377	30.000%	9.88	42.7%	17.9%
A-SB	AAAsf/AAA(sf)/Aaa(sf)	67.132	30.000%	7.12	42.7%	17.9%
A-S	AAAsf/AAA(sf)/Aa2(sf)	69.045	23.250%	9.90	46.8%	16.3%
X-A	AAAsf/AAA(sf)/NR	785.060	N/A	N/A	N/A	N/A
X-B	NR/AAA(sf)/NR	98.452	N/A	N/A	N/A	N/A
B	AA-sf/AA-(sf)/NR	49.865	18.375%	9.96	49.8%	15.3%
C	A-sf/A-(sf)/NR	48.587	13.625%	9.96	52.7%	14.5%


NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS	FITCH/KBRA/MDYS	SIZE($MM)	C/E	WAL	CUM LTV	NOI DY
X-D	BBB-sf/BBB-(sf)/NR	56.258	N/A	N/A	N/A	N/A
D	BBB-sf/BBB-(sf)/NR	56.258	8.125%	9.96	56.1%	13.6%

COLLATERAL SUMMARY

INITIAL POOL BALANCE:	$1,022,879,610
NUMBER OF LOANS:	102
NUMBER OF PROPERTIES:	140
WA CUT-OFF LTV:	61.0%
WA BALLOON LTV:	52.9%
WA U/W NCF DSCR:	2.02x
WA U/W NOI DEBT YIELD:	12.5%
WA MORTGAGE RATE:	4.765%
TOP TEN LOANS %:	40.4%
WA REM TERM TO MATURITY (MOS):	116
WA REM AMORTIZATION TERM (MOS):	350
WA SEASONING (MOS):	1

LOAN SELLERS:	RMF(35.3%), BARCLAYS(22.1%), WFB(15.7%), UBSRES(13.2%), CIIICM(5.7%), NCB(5.6%), BASIS(2.4%)

TOP 3 PROPERTY TYPES:	RETAIL (33.7%), HOSPITALITY (19.9%), MULTIFAMILY (11.8%)

TOP 5 STATES:	CA(13.6%), GA(7.6%), IN(6.8%), TX(6.6%), NH(6.6%)

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

SPECIAL SERVICERS:	CWCAPITAL ASSET MANAGEMENT LLC AND NATIONAL COOPERATIVE BANK, N.A.

DIRECTING CERTIFICATEHOLDER:	BIG REAL ESTATE FUND I, L.P.

DOCUMENTS & TIMING
TERM SHEET, ANNEX A-1:	ATTACHED
PRELIMINARY PROSPECTUS:	ATTACHED
PRESALE REPORTS:	TODAY
ANTICIPATED PRICING:	END OF WEEK 7/11 OR BEG OF WEEK 7/18
ANTICIPATED SETTLEMENT:	JULY 28, 2016

ROADSHOW
NEW YORK 1x1's:	TUES, 7/12
DES MOINES:	TUES, 7/12 @ 12:00PM CT, DES LUX HOTEL
MINNEAPOLIS, BREAKFAST:	WED, 7/13 @ 7:30AM CT, THE GRAND HOTEL
HARTFORD, BREAKFAST:	WED, 7/13 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON:	WED, 7/13 @ 12:00PM ET, THE LANGHAM
CONFERENCE CALLS:	UPON DEMAND

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

REVIEW CODE: PooL87

FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=d0bDda

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.