0001539497-16-003778.txt : 20161025 0001539497-16-003778.hdr.sgml : 20161025 20161025144503 ACCESSION NUMBER: 0001539497-16-003778 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161025 DATE AS OF CHANGE: 20161025 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2016-C36 CENTRAL INDEX KEY: 0001686150 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: 333-206677-10 FILM NUMBER: 161950198 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 n754_iopricing-x14.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-10
     

 

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

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

At: 10/25/16 10:45:03

 

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C36 - PUBLIC NEW ISSUE **IO PRICING DETAILS** $757.342 MM FIXED-RATE CMBS OFFERING

 

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

CO-MANAGERS: ACADEMY SECURITIES, INC. AND CITIGROUP GLOBAL MARKETS INC.

 

 

OFFERED CERTIFICATES - PUBLIC

CLASS FITCH/MDYS/MSTAR SIZE($MM) ~PROCEEDS($MM) SPD YLD% CPN% $PRICE
X-A AAAsf/Aaa(sf)/AAA 600.724 57.2 T+215 3.7940 1.3822 9.52720
               
               
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS FITCH/MDYS/MSTAR SIZE($MM) C/E WAL CUM LTV NOI DY  
X-D BBB-sf/NR/AAA 41.836 N/A N/A N/A N/A  
D BBB-sf/NR/BBB 41.836 6.875% 9.95 54.8% 13.2%  

 

COLLATERAL SUMMARY

 

INITIAL POOL BALANCE: $858,177,959
NUMBER OF LOANS: 73
NUMBER OF PROPERTIES: 98
WA CUT-OFF LTV: 58.9%
WA BALLOON LTV: 50.9%
WA U/W NCF DSCR: 2.30x
WA U/W NOI DEBT YIELD: 12.3%
WA MORTGAGE RATE: 4.218%
TOP TEN LOANS %: 50.8%
WA REM TERM TO MATURITY (MOS): 116
WA REM AMORTIZATION TERM (MOS): 355
WA SEASONING (MOS): 2
   
LOAN SELLERS: BARCLAYS(31.0%), WFB(28.2%), CIIICM(12.0%), RMF(11.4%), NCB(8.4%), BANCORP(5.4%), BASIS(3.6%)
   
TOP 3 PROPERTY TYPES: RETAIL (30.6%), OFFICE (23.8%), HOSPITALITY (15.4%)
   
TOP 5 STATES: NY(13.0%), IL(10.9%), OH(10.4%), VA(10.4%), CA(9.9%)
   
MASTER SERVICERS: WELLS FARGO BANK, NATIONAL ASSOCIATION AND NATIONAL COOPERATIVE BANK, N.A.
   
SPECIAL SERVICERS: C-III ASSET MANAGEMENT LLC AND NATIONAL COOPERATIVE BANK, N.A.
   
DIRECTING CERTIFICATEHOLDER: C-III INVESTMENT MANAGEMENT LLC OR AN AFFILIATE
   
DOCUMENTS & TIMING  
 TERM SHEET, ANNEX A-1: ATTACHED
 PRELIMINARY PROSPECTUS: ATTACHED
 ANTICIPATED SETTLEMENT: NOVEMBER 3, 2016
   
ROADSHOW  
 BOSTON, BREEAKFAST: TUES, 10/18 @ 8:30AM ET, THE LANGHAM
 MINNEAPOLIS, BREAKFAST: TUES, 10/18 @ 7:30AM CT, THE GRAND HOTEL
 HARTFORD, LUNCH: TUES, 10/18 @ 12:30PM ET, MAX'S DOWNTOWN
 DES MOINES,LUNCH: TUES, 10/18 @ 1:30PM CT, DES LUX HOTEL
 NEW YORK 1x1's: WED, 10/19
   
   
   
CONFERENCE CALLS: UPON DEMAND
   
PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM
REVIEW CODE: WFCMC36
FINAL LINK: http://www.netroadshow.com/nrs/wp/default.html?show=ABB635

 

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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