0001571049-15-002959.txt : 20150421 0001571049-15-002959.hdr.sgml : 20150421 20150420191002 ACCESSION NUMBER: 0001571049-15-002959 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150421 DATE AS OF CHANGE: 20150420 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2015-NXS1 CENTRAL INDEX KEY: 0001638227 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: 333-195164-07 FILM NUMBER: 15781592 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 t1500907_x4-pricing.htm FREE WRITING PROSPECTUS

FREE WRITING PROSPECTUS
FILED PURSUANT TO RULE 433
REGISTRATION FILE NO.: 333-195164-07

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

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

At: Apr 20 2015 16:27:38

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-NXS1 - PUBLIC NEW ISSUE

**PRICED** $875.224 MM FIXED-RATE CMBS OFFERING

LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES

CO-MANAGERS: BARCLAYS CAPITAL AND NATIXIS SECURITIES AMERICAS LLC OFFERED CERTIFICATES - PUBLIC

CLASS DBRS/FITCH/MDY SIZE($MM) C/E WAL SPD CPN YLD $PRICE

A-1 AAA(sf)/AAAsf/Aaa(sf) 32.424 30.000% 2.46 40 1.3420 1.3243 99.9992

A-2 AAA(sf)/AAAsf/Aaa(sf) 164.219 30.000% 4.50 53 2.6320 1.9206 102.9978

A-3 AAA(sf)/AAAsf/Aaa(sf) 20.791 30.000% 6.96 85 3.0580 2.5825 102.9970

A-4 AAA(sf)/AAAsf/Aaa(sf) 155.000 30.000% 9.41 83 2.8740 2.7560 100.9951

A-5 AAA(sf)/AAAsf/Aaa(sf) 236.966 30.000% 9.79 85 3.1480 2.8000 102.9940

A-SB AAA(sf)/AAAsf/Aaa(sf) 59.256 30.000% 6.90 73 2.9340 2.4555 102.9945

A-S AAA(sf)/AAAsf/Aa2(sf) 54.926 24.250% 9.96 110 3.4060 3.0611 102.9946

B AA(low)(sf)/AA-sf/NR 52.537 18.750% 9.96 135 3.6580 3.3111 102.9931

C A(low)(sf)/A-sf/NR 45.373 14.000% 9.96 190 3.8480 3.8610 99.9962

D BBB(low)(sf)/BBB-sf/NR 53.732 8.375% 9.96 320 4.1057 5.1611 93.0378

COLLATERAL SUMMARY

CUT-OFF DATE BALANCE: $955,224,154

NUMBER OF LOANS: 68

NUMBER OF PROPERTIES: 93

WA CUT-OFF LTV: 65.4%

WA BALLOON LTV: 57.7%

WA U/W NCF DSCR: 1.65x

WA U/W NOI DEBT YIELD: 9.5%

WA MORTGAGE RATE: 4.133%

TOP TEN LOANS %: 44.8%

WA TERM TO MATURITY (MOS): 109

WA AMORTIZATION TERM (MOS): 353

WA SEASONING (MOS): 3

LOAN SELLERS: NATIXIS (66.4%), WFB (33.6%)

TOP 5 PROPERTY TYPES: OFFICE (48.6%), RETAIL (22.1%),

HOSPITALITY (10.0%), MIXED USE (7.4%), OTHER (5.2%)

TOP 5 STATES: CA (29.9%), NY (10.9%), VA (9.9%),

TX (9.9%), FL (6.0%)

MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION

SPECIAL SERVICER: RIALTO CAPITAL ADVISORS, LLC

SUBORDINATE CLASS REP: RREF II CMBS AIV, LP or another affiliate of

RIALTO CAPITAL ADVISORS, LLC

DOCUMENTS & TIMING

TERM SHEET, ANNEX A-1: ATTACHED

PRELIMINARY FWP: ATTACHED

PRESALE REPORTS: WED, 4/15 - THURS, 4/16

ANTICIPATED SETTLEMENT: APRIL 29, 2015

ROADSHOW

NEW YORK 1x1's: WED, 4/15

HARTFORD, BREAKFAST: THURS, 4/16 @ 8:30AM ET, MAX'S DOWNTOWN

BOSTON, LUNCH: THURS, 4/16 @ 12:00PM ET, THE LANGHAM

MINNEAPOLIS, BREAKFAST: THURS, 4/16 @ 7:30AM CT, GRAND HOTEL MINNEAPOLIS

CONFERENCE CALLS: UPON DEMAND

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM REVIEW CODE: WF15NXS1 (not case-sensitive)
DIRECT LINK: http://www.netroadshow.com/nrs/wp/default.html?show=CB6fBc

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. 333-195164) 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.