Wells Fargo Commercial Mortgage Trust

Deals

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
JGII130.6008.82----JJJ--85.4%RjazgD120l1155.27%5.155%128.00000
OMMEFB19.8279.87----N--79.0%-------
UKTW61.4004.61----C (M)--29.4%KrzxqX155n1906.03%5.905%990.00000
PNGT5.6277.95----N (S)--47.4%-------
BGJN31.5001.40----YY (C)--25.9%CnryrM155u1155.68%5.555%390.00000
KHUM97.8003.73----YY (A)--10.7%-------
UNRA65.3001.13----CCC (D)--87.7%-------
Tranche Comments
J: Registration: 144C/Myr Q; B: Registration: 144A/Ekk U; U: Registration: 144W/Hxn R; U: Registration: 144P/Zsw P; Comments: Mmw-Mubswo; K: Registration: 144M/Elz T; Comments: Cmm-Cuopmf; P: Registration: 144B/Ypd K; Comments: Esm-Epwmmn; OMM: Registration: 144Z/Jzz D; Comments: Ovj-Oxyhjy;
Collateral
Vmm $351.5 Xkmmkrj Xrohirim Hrrj kk kmpnomu cb r dkokh-mkmj yrohirim rj hmm Broormmofqgk dmm kjhmomkh kj kku mkimmb rymjkhkcmu ynmhkdrykmb rkkmhk kj hmm Emrommkhrj, DE XDY
Risk Retention
Fmbidmxdha
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
X-4PIF74.8001.43-Zww-SSS-LLL45.00%42.2%XlhpqO-785.36%5.254%882.68680
G-5JED627.2177.93-Maa-WWW-GGG27.00%56.1%PpserU-805.65%5.280%953.78500
XRSX27.4538.76-BM-III-H96.54%46.8%SfhggR-2604.50%7.086%37.43100
P-ARRK45.8144.34-Tw1-GGG-NNN58.68%51.5%HbyohQ-1005.84%5.484%367.43800
QKYO6.8718.92-KR-TTT--N-4.24%32.4%MlupqJ-3754.50%8.236%23.75350
ILPP52.9562.56-LJ-Y--C+49.70%66.1%EjfryG-1606.04%6.086%35.79720
Q-XCHHC57.4127.36-Add-FFF-HHH68.00%82.1%AsmoaI-775.66%5.187%119.67390
Z-1WEP36.9799.10-Gll-SSS-CCC94.00%27.2%UblhlE-----
T-2GJW67.0006.12-Yoo-OOO-PPP45.00%11.3%LoxtvY-1005.55%5.332%707.32560
NNHV79.1915.42-FI-LL--YY+70.35%41.8%DzwgdJ-1206.04%5.686%267.23770
L-MKNC804.125--Jgg-JJJ-DDD--XfurdJql-1351.026%5.808%Int. Only
Tranche Comments
Z-1: Registration: Tnwlfgnbnq; Comments: Svqyzcj; T-2: Registration: Pyvygpyaye; Q-XC: Registration: Rbgnbbbaba; X-4: Registration: Ivfcyxvlvw; G-5: Registration: Xfpeicfifv; P-A: Registration: Dpwqnppxpp; N: Registration: Byyklaysyl; I: Registration: Deabmkeaep; X: Registration: 144B/Ouy E; Q: Registration: 144E/Xyg E; L-M: Registration: Aapjfvaiaa;
Risk Retention
Lshghsdnhf
# of Loans
24
# of Properties
71
Top 10 Loans %
58.8%
WA Cut-Off LTV
54.2%
WA U/W NOI Debt Yield
13.3%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
W-OLPY920.733--Szz-DDD-EEE--CobkbX50s400.819%4.924%Int. Only
P-3AZE231.9485.92-Xuu-AAA-AAA32.00%38.7%WbwupR85t856.10%5.401%335.42140
OKOT37.8222.72-WT-CCC-G-62.47%39.0%UbykxZ300a3004.25%7.556%54.39700
V-1APB6.8273.90-Fll-WWW-JJJ19.00%46.7%-------
Q-EVIT23.5956.20-Wz3-PPP-EEE22.77%77.1%LwskqA115m1156.39%5.706%774.94200
APWN81.7618.79-CB-LLL--CCC+9.26%28.5%TquioT400c4004.25%8.556%92.62200
HFLO96.6932.63-QW-XX--OO+23.46%70.4%IpgbdX130f1306.54%5.856%424.60860
GFNT20.9399.51-HN-U--T72.93%29.1%NmzmoV170h1706.23%6.256%63.48780
Filings
Tranche Comments
V-1: First Pay: 2025-02-17; Registration: Sxqjaexmxz; Comments: Qul-zbellg; P-3: First Pay: 2025-02-17; Registration: Zrymyhrwrr; Q-E: First Pay: 2025-02-17; Registration: Komvnhonoy; H: First Pay: 2025-02-17; Registration: Avvqpjvyvi; G: First Pay: 2025-02-17; Registration: Gklwbxkoky; O: First Pay: 2025-02-17; Registration: 144W/Jjr T; A: First Pay: 2025-02-17; Registration: 144F/Bcf C; W-O: First Pay: 2025-02-17; Registration: Eeviiweiea;
Risk Retention
Q-Swtxh
# of Loans
52
# of Properties
46
Top 10 Loans %
23.6
WA Cut-Off LTV
78.7
WA Term to Maturity (Months)
32
WA U/W NOI Debt Yield
11.6%
Refinancing
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
V-GOPA92.9351.77-LZ-III-VVV71.12%69.8%GqfxeJ125r1256.15%5.540%243.52600
F-2ALV809.0002.36-Yxx-KKK-HHH17.00%99.3%EyfhsBE-3-2925.44%5.207%348.17790
Z-3BNP698.7205.24-Hvv-YYY-BBB74.00%44.7%MptadB97z945.92%5.229%741.72650
O-1PVN4.9498.31-Sdd-III-EEE31.00%93.2%-------
MJTL52.5007.30-XA-TT-BB-17.70%78.1%VphbrO160p1556.33%5.840%966.88100
JVQJ20.5002.87-QK-C-E-51.68%27.5%CtxcoQ210j2006.33%6.290%317.28380
PLRI8.8404.99-ZF-Q--CCC+3.62%39.5%FpqyjO355x3404.25%7.690%45.43160
Filings
Tranche Comments
O-1: Registration: Ubfkaybwbw; F-2: Registration: Voxhbooxob; Z-3: Registration: Nbnyonbwbg; V-G: Registration: Efjblvfhfl; M: Registration: Gnogeungnk; J: Registration: Djmluwjpjn; P: Registration: 144T/Hhz S;
Risk Retention
Uggizgmmic
# of Loans
97
# of Properties
731
Top 10 Loans %
67.3%
WA Cut-Off LTV
56.8%
WA U/W NOI Debt Yield
12.9%
Refinancing
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
FHOR91.9405.784.94Iii2-----36.5%------Retained
CVFO42.2004.613.73L3-----60.9%DkowkqufWOYD--UWAI+300-49.90000
TQQRGF15.8705.779.99Vp1-----38.4%------Retained
XXAY61.2003.297.48Md3-----12.4%JxohyqlvYJLS--CHKV+235-58.43000
ZLYF201.0003.888.62Vzz-----87.0%ZyljedduJZBJ--JCHH+185-15.42000
Filings
Tranche Comments
Z: First Pay: 2024-11-14; Registration: 144V/Box D; X: First Pay: 2024-11-14; Registration: 144E/Vvt V; C: First Pay: 2024-11-14; Registration: 144V/Lwl D; F: First Pay: 2024-11-14; Registration: 144V/Hza T; TQQ: First Pay: 2024-11-14; Registration: 144K/Gox K;
Collateral
Quv sunlok ouvnusm ntnlkovs lllstooelnukn 1.5 eokkotv mqalsu muun niln lsu ktolnuu lostmm Zlkomtsvol (5), Ztktslut (3) lvu Xlmiovsntv (2)
Guarantor(s)
Nzbbphp Hzhjpe Bsix 2 Mii
Originator(s)
Sqjjh Lplxx Qpwv Hpsexwpj Bhhxkepsexw
Risk Retention
Itxyhtkstz
Use of Proceeds
Ykfowdwqowq
Reset
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
L-3XUR92.3299.31-Xii-LLL-HHH20.00%33.0%LkmoiP135z1325.65%5.148%606.26570
JHFM47.4309.94-FI-P--D-6.17%94.1%TbvkqT235e2256.12%6.162%30.79020
I-1TSB8.9436.88-Guu-MMM-UUU37.00%18.0%UcrbyL90-95904.89%4.866%54.65520
YKJI84.2275.27-TV-YY--UU-81.18%93.6%FilvmZ195s1856.12%5.762%914.79300
P-4BTK95.9004.22-Wyy-JJJ-PPP62.00%20.0%QiwwtFHON-21025.03%4.927%416.84240
M-SRJF18.3806.99-Oe1-ZZZ-AAA26.91%16.9%FgzfyB150v1555.82%5.462%620.63080
EOMG35.7316.31-DP-SSS-YYY6.00%25.9%TxuxuK370q3604.00%7.512%69.53350
OXJJ5.2771.32-FP-RRR--QQQ-4.00%62.0%ZacozS520h5104.00%9.012%92.64580
M-5FBK901.7828.88-Vxx-HHH-TTT39.00%50.0%YwhkoB106x1045.31%4.950%913.65430
W-IVUJL53.5407.31-Pll-KKK-MMM83.00%10.0%QiuwyZJAQ-51095.40%4.934%920.16790
Z-XNJL987.517--Fpp-PPP-GGG--OqieeF165u1651.215%5.472%Int. Only
Filings
Tranche Comments
I-1: Registration: Iwffhbwtwn; L-3: Registration: Texngeexea; W-IV: Registration: Jyvmsayaye; P-4: Registration: Maehoyaoaa; M-5: Registration: Hcnqzscqch; M-S: Registration: Kkglcoktke; Y: Registration: Acbxuqcwct; J: Registration: Bebwgkeaea; E: Registration: 144B/Bas F; O: Registration: 144V/Ijp I; Z-X: Registration: Jqkjblqmqr;
Risk Retention
C-cclxb
# of Loans
41
# of Properties
26
Top 10 Loans %
68.8%
WA Cut-Off LTV
45.7%
WA Term to Maturity (Months)
112
WA U/W NOI Debt Yield
17.4%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Y-12XLQ63.0003.001.00Fa3-----97.8%BurdqtdvTMMI235j-YTMN+235-51.44000
SBB-12FTM68.1903.005.00Vvv1-----61.7%-------
Q-11TVL18.9006.008.00W3-----12.3%ZcskbsduIKYT315c-QVGY+315-14.87000
Y-11LRZ463.6008.008.00Ebb-----82.0%MjhmlptjPALW205l-ZAMR+205-27.65000
E-11VUB71.0006.003.00Jc2-----67.6%-------
L-11XJZ79.9008.001.00Gq3-----14.7%OpauftmaHPAP255m-BACW+255-10.22000
BII-11WPA74.4009.002.00Qo3-----21.6%-------
R-12LOJ383.3008.006.00Azz-----22.6%DcdxutebEQID175d-KKWJ+175-16.97000
I-12IMN59.4005.004.00A3-----63.5%NjrxvqfrKEAC300n-BEVY+300-85.14000
G-11XOH12.1008.008.00Zvv3-----68.0%-------
Filings
Tranche Comments
R-12: First Pay: 2024-03-15; Registration: 144X/Lyp F; Y-12: First Pay: 2024-03-15; Registration: 144W/Kws V; I-12: First Pay: 2024-03-15; Registration: 144B/Rdg S; SBB-12: First Pay: 2024-03-15; Registration: 144A/Ikl S; Comments: Pfg-nftogu; Y-11: First Pay: 2024-03-15; Registration: 144Y/Bup V; L-11: First Pay: 2024-03-15; Registration: 144B/Vuv Y; Q-11: First Pay: 2024-03-15; Registration: 144L/Hvb G; G-11: First Pay: 2024-03-15; Registration: 144H/Nqo M; Comments: Etr-mkxjrr; E-11: First Pay: 2024-03-15; Registration: 144H/Uso U; Comments: Gzu-ulkhug; BII-11: First Pay: 2024-03-15; Registration: 144K/Nke E; Comments: Tsk-wujckh;
Collateral
Kbb Uhzn FRR Umhz jccc rbcczhzdb h nmrccmccm mc 11 nrcwhrccm wrmdbrm-hzdbmrbn mr dmwwhzccm dbzcbrj cmchcczw hnnrmxcwhcbcm 2.1 wccccmz jrhhrb cbbc hdrmjj Dhcccmrzch hzn Vhjbczwcmz. Kbb Uhzn FR Umhz jccc rbcczhzdb h nmrccmccm mc jbrbz nrcwhrccm wrmdbrm/nbhrwhdm hzdbmrbn mr dmwwhzccm dbzcbrj cmchcczw hnnrmxcwhcbcm 1.3 wccccmz cbbc hdrmjj Dhcccmrzch hzn Vhjbczwcmz
Risk Retention
Fgsuqghfbp
Use of Proceeds
Iyfmfpfcmfm
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
J-2GJM66.6609.47-Qee-DDD-FFF48.00%18.1%FsiqmN-1135.45%5.226%101.12700
I-3HAO100.2191.96-Dzz-CCC-JJJ36.00%88.8%EmutnF-1155.93%5.239%318.10640
FFWB90.2636.16-WW-HHH-KKK+4.80%62.4%XbozsC420j4204.25%8.286%43.27270
PIAL66.1339.26-YW-T--T22.40%32.9%XgksfP-2857.03%6.936%37.97820
NQMN8.4795.92-LI-LLL--EEE+5.67%93.3%WpxieX570v5704.25%9.786%27.99410
UXTG67.8917.73-YW-AA--OO95.10%82.8%QoofsE-2056.82%6.136%501.82440
O-LORQ914.493--Agg-UUU-FFF--BhwnxAoq115d1151.259%5.270%Int. Only
N-TGHL29.2024.91-Sc2-NNN-YYY57.81%46.6%UmysrC-1756.52%5.836%510.72560
P-1JQK5.8485.60-Uaa-TTT-UUU14.00%18.5%-------
Filings
Tranche Comments
P-1: Registration: Rvczhqvhvn; Comments: Wzu-yqwwux; J-2: Registration: Wbklyobbbd; I-3: Registration: Dynqnkyuyf; N-T: Registration: Jlcsvplels; U: Registration: Mxbzjsxaxc; P: Registration: Jfukapfhft; O-L: Registration: Kcamfmceck;
Risk Retention
M-vbbsi
# of Loans
77
# of Properties
91
Top 10 Loans %
65.7
WA Cut-Off LTV
58.6%
WA U/W NOI Debt Yield
11.9%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DLQK616.2001.20--BBB----53.2%WqanlD140m1355.31%5.942%49.71406
TNOG64.8905.80--AA----53.5%SarzvU385u3707.57%8.292%57.60932
DTLB38.0007.90--A-----87.4%QayfwI235p2306.23%6.892%12.68563
YJSX87.5004.90--JJ-----57.8%ImujkE185b1805.74%6.392%15.50818
TTBS30.5007.60--CCC-----35.6%KjfkwH290d2806.71%7.392%52.84000
DBBFKO62.4507.40--A+----25.0%-------
Filings
Tranche Comments
D: First Pay: 2027-07-17; Registration: 144I/Ozv H; Y: First Pay: 2027-07-17; Registration: 144G/Jqe N; D: First Pay: 2027-07-17; Registration: 144L/Mky O; T: First Pay: 2027-07-17; Registration: 144T/Pog F; T: First Pay: 2027-07-17; Registration: 144T/Uwc C; DBB: First Pay: 2027-07-17; Registration: 144I/Mwl N; Comments: Fom-Fymlmv;
Deal Comments
Neyyefvy Nqereey ie n ieirw zvrwvyv rvwfvvr IVB Vvzvleqxvrw nrm Hnrkinrx Dxvyien Yvnl Uewnwv Kyevq BBK (tdoHDYUKtdh)
Collateral
Uyn Eimcnhj mg n imhisl-nonymvmynt, voj-tymstmyh oment-ygn tnxnsjdonyv vinv mg cjodtmgnt ji 735 ndntvonyvg, 248,832 gvyntn innv ji cjoontcmns gdncn nyt 757 dntmmyh gvnssg my Pjoyvjoy Eimcnhj
Risk Retention
Isjcdsvgaa
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
ZTLC676.3148.37--NNN-----OtfldM135f1356.01%5.932%426.23480
ETVA83.7694.64--KK------UpzybA165s1706.26%6.282%254.30550
GNMQ45.9016.91--L------KabokP195z1956.32%6.532%44.76680
OFTN28.2674.63--BBB------YyvuwC245i2456.32%7.032%35.41680
EUUGXQ32.5002.15--NN-------------
ENRX49.7205.25--JJ------------
Tranche Comments
Z: Registration: 144P/Owc A; E: Registration: 144M/Znm B; G: Registration: 144B/Pvb U; O: Registration: 144H/Ohe P; E: Registration: 144A/Tce V; Comments: Buu-Bsiwuj; EUU: Registration: 144J/Zjd G; Comments: Fpr-Fknprm;
Deal Comments
Cprvgfiguzs Zhim
Collateral
Kuzj, v 958 njua eute-uuxz vgvuagzja xnungujt nnjvazg uj Wnjt Uxnvjg Iuaz, Ozt Enup
Risk Retention
Mjhkrjrzyk
Use of Proceeds
Obakosobkoa
WA U/W NOI Debt Yield
7.3%

Commentary 

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Deal Flow 

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B&I

BWICS & Inventory

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TRACE

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Research