FWP 1 n1223_iolounch-x13.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-24
     

 

--- Original Sender: WELLS ABF SYNDICATE WELLS FARGO, WELLS FARGO SECURITIES LLC ---

 

WFCM 2018-C44 - PUBLIC NEW ISSUE

**IO LAUNCH** $654.560 MM FIXED-RATE CMBS OFFERING

 

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

 

CO-MANAGER: ACADEMY SECURITIES, INC.

 

OFFERED CERTIFICATES - PUBLIC

CLASS DBRS/FITCH/MDYS SIZE($MM) PROCEEDS($MM) LAUNCH
X-A AAA(sf)/AAAsf/Aaa(sf) 536.682 ~31.18 T+130

 

COLLATERAL SUMMARY

   
INITIAL POOL BALANCE: $766,689,123
NUMBER OF LOANS: 44
NUMBER OF PROPERTIES: 55
WA CUT-OFF LTV: 62.9%
WA BALLOON LTV: 57.5%
WA U/W NCF DSCR: 1.71x
WA U/W NOI DEBT YIELD: 10.4%
WA MORTGAGE RATE: 4.858%
TOP TEN LOANS %: 52.2%
WA REM TERM TO MATURITY (MOS): 117
WA REM AMORTIZATION TERM (MOS): 349
WA SEASONING (MOS): 1
   
LOAN SELLERS: WFB(40.5%), BARCLAYS(25.7%), LCF(25.3%), AREF(8.6%)
   
TOP 3 PROPERTY TYPES: OFFICE(34.5%), RETAIL(24.2%), HOSPITALITY(12.8%)
   
TOP 5 STATES: CA(21.6%), VA(9.8%), MD(9.0%), NY(8.1%), NJ(7.5%)
   
MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION
   
SPECIAL SERVICER: RIALTO CAPITAL ADVISORS, LLC
   
DIRECTING CERTIFICATEHOLDER: RIALTO CAPITAL ADVISORS OF NEW YORK, LLC
   
DOCUMENTS & TIMING  
 TERM SHEET, ANNEX A-1: ATTACHED
 ANTICIPATED PRICING: TODAY
 ANTICIPATED SETTLEMENT: MAY 17, 2018
   
CONFERENCE CALLS: UPON DEMAND
   
PRE-RECORDED GLOBAL INVESTOR CALL:  WWW.NETROADSHOW.COM
REVIEW CODE: WFCM2018C44
FINAL LINK: http://www.netroadshow.com/nrs/wp/default.html?show=4c99ae8f

 

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 may 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. This chat will be retained and may be monitored.