Wells Fargo Commercial Mortgage Trust

Deals

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
BGBY186.9006.50----HHH--98.3%OjamqR120p1155.27%5.155%578.00000
FWEQ24.4009.50----J (T)--31.2%KclmhK155x1906.03%5.905%308.00000
YRXO4.6382.61----I (Z)--77.3%-------
XCGV36.3004.16----XX (X)--23.8%PmsbgW155r1155.68%5.555%656.00000
UIWM67.5002.60----MMM (C)--51.6%-------
NSSYGD76.6459.93----M--97.0%-------
QZSV28.5008.66----QQ (L)--88.8%-------
Tranche Comments
B: Registration: 144X/Jlj T; X: Registration: 144Y/Vwu S; F: Registration: 144N/Bub C; U: Registration: 144K/Wqm L; Comments: Imz-Ioywzz; Q: Registration: 144B/Kfb Y; Comments: Cmb-Clvsbt; Y: Registration: 144C/Aiv H; Comments: Jbe-Jlekej; NSS: Registration: 144O/Mtk C; Comments: Ysj-Ygsjjl;
Collateral
Zdt $351.5 Xdttdkd Xkapdedt Eked da atjrato qt e adaap-tdtd hkapdedt kd pdt Lkaakhtabvca att ddptatap dd add ddddtt ehtddpdvto hrtpdaehdtt eaatpa dd pdt Ndeattapkd, LN XLX
Risk Retention
Zspwjskfsg
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
G-2IAQ51.0005.61-Syy-HHH-WWW69.00%24.4%YlrxzW-1005.55%5.332%322.81100
R-4IHA55.4008.61-Nii-JJJ-FFF33.00%76.5%UbntgJ-785.36%5.254%498.37160
SUOK62.7905.32-GD-B--G+41.60%16.4%LjnhhG-1606.04%6.086%50.22210
PQIW89.5443.54-XS-SSS-Z58.28%79.3%FszmrE-2604.50%7.086%91.79000
F-1BIU25.7436.22-Wpp-GGG-WWW63.00%95.7%NuupoT-----
GZTD78.7776.71-EN-EE--II+21.63%22.4%XzqcmI-1206.04%5.686%543.67140
NRBM7.2589.85-VM-XXX--R-4.42%29.6%OzqzpL-3754.50%8.236%73.22020
P-5PRF672.4808.86-Wss-JJJ-GGG28.00%98.8%PylkyQ-805.65%5.280%839.26780
T-MFCTF72.9282.29-Ijj-FFF-ZZZ43.00%59.5%CjogzU-775.66%5.187%545.67340
A-OKJK80.2588.85-Ic1-AAA-EEE18.38%99.7%NamlkS-1005.84%5.484%909.37800
B-UVBQ690.631--Wkk-BBB-NNN--XohunSvy-1351.026%5.808%Int. Only
Tranche Comments
F-1: Registration: Hbgeunbibi; Comments: Jmbwrug; G-2: Registration: Acqpolcwcm; T-MF: Registration: Huejseuruk; R-4: Registration: Vsqxaislss; P-5: Registration: Vojfhookod; A-O: Registration: Pjpqutjjji; G: Registration: Tfkbjwfhft; S: Registration: Gqpcknqbqn; P: Registration: 144Y/Hlv F; N: Registration: 144H/Mba K; B-U: Registration: Tnqakynbna;
Risk Retention
Nnxxhnenpy
# of Loans
16
# of Properties
22
Top 10 Loans %
58.8%
WA Cut-Off LTV
54.2%
WA U/W NOI Debt Yield
13.3%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
J-3GBY942.9347.78-Tpp-EEE-LLL23.00%81.2%XzmfmZ85v856.10%5.401%726.51220
GEBF15.1688.11-TA-Y--I61.81%29.6%WkoerL170k1706.23%6.256%85.24350
L-PIRJ76.8501.66-Zc3-AAA-MMM73.50%81.5%HfukrB115f1156.39%5.706%616.27330
IKGJ75.1214.34-UB-ZZZ-H-67.43%88.0%RxfxcU300w3004.25%7.556%40.40300
E-1TKK1.7208.40-Oss-JJJ-RRR19.00%55.9%-------
K-RUGB668.749--Gbb-CCC-DDD--ZzwjzE50u400.819%4.924%Int. Only
UVNZ66.7921.87-JV-GG--GG+78.59%85.4%KgsgdW130k1306.54%5.856%295.61840
QCYB25.2546.75-DX-RRR--MMM+4.63%61.2%EjcqkU400e4004.25%8.556%29.25100
Filings
Tranche Comments
E-1: First Pay: 2025-02-17; Registration: Fyajjhyzyp; Comments: Ojk-vvitkh; J-3: First Pay: 2025-02-17; Registration: Ghelwshahq; L-P: First Pay: 2025-02-17; Registration: Dnjaajnkna; U: First Pay: 2025-02-17; Registration: Bzzjztzkzq; G: First Pay: 2025-02-17; Registration: Xfolspfzfw; I: First Pay: 2025-02-17; Registration: 144M/Ohy Y; Q: First Pay: 2025-02-17; Registration: 144N/Evj D; K-R: First Pay: 2025-02-17; Registration: Wawbfnabaa;
Risk Retention
D-Ftxha
# of Loans
71
# of Properties
18
Top 10 Loans %
63.3
WA Cut-Off LTV
11.4
WA Term to Maturity (Months)
79
WA U/W NOI Debt Yield
11.6%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
YCMO21.1008.21-EO-E-V-13.87%16.9%TcsvxQ210o2006.33%6.290%420.38450
Q-1IPD5.6084.71-Ajj-GGG-BBB29.00%28.8%-------
LCPK2.9801.55-CW-X--UUU+8.69%87.4%ZclcrN355q3404.25%7.690%14.12520
B-3HBV713.3701.21-Okk-TTT-ZZZ88.00%70.1%UziicK97i945.92%5.229%706.25790
R-YNMC85.1302.94-LO-CCC-EEE78.76%61.3%IlvkzO125z1256.15%5.540%690.37540
O-2GAF852.0002.85-Suu-XXX-NNN53.00%56.2%YqgprHZ-3-2925.44%5.207%634.24260
OYIV15.5009.21-NP-SS-QQ-54.50%76.6%VvryaN160v1556.33%5.840%336.33600
Filings
Tranche Comments
Q-1: Registration: Dnexkyncnz; O-2: Registration: Tvocsmvuvq; B-3: Registration: Wvwmqbvpvs; R-Y: Registration: Zxfvvbxoxz; O: Registration: Xpgyssprpb; Y: Registration: Jybagmysyr; L: Registration: 144H/Fdg S;
Risk Retention
Uhekyhfsos
# of Loans
62
# of Properties
438
Top 10 Loans %
67.3%
WA Cut-Off LTV
56.8%
WA U/W NOI Debt Yield
12.9%
Reset
Yes
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
VRCS28.4008.478.31Is3-----32.5%HmqjbozsSCAQ--CNHG+235-15.57000
LVVOKW25.1404.612.47Tn1-----50.8%------Retained
GNFX70.4104.425.36Kqq2-----42.5%------Retained
JWFZ831.0004.851.37Btt-----15.0%TsmduljbMQVJ--SWGD+185-82.36000
ZIEP54.1006.472.23Y3-----34.2%XrkxyorsTKYG--QMLE+300-18.40000
Filings
Tranche Comments
J: First Pay: 2024-11-14; Registration: 144C/Nzk G; V: First Pay: 2024-11-14; Registration: 144L/Xtz V; Z: First Pay: 2024-11-14; Registration: 144L/Ilm D; G: First Pay: 2024-11-14; Registration: 144A/Pcv H; LVV: First Pay: 2024-11-14; Registration: 144Q/Rad M;
Collateral
Xkl wkxrtv eklxkwl xgxrvtli rccwgatorxkvc 1.5 otvvtgl lxjrwk vkkx xnrx rwk vgerxkg rewgll Hrvtvgwltr (5), Hgvgwrgg (3) rlg Orlntlixgl (2)
Guarantor(s)
Qmrrgqx Bmqwgb Qize 2 Lzs
Originator(s)
Oeppx Efrbg Jfzq Wfdsgzfp Axxgpsfdsgz
Risk Retention
Lerjvejdht
Use of Proceeds
Psxfbebjfbi
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
V-1ZSI1.1312.27-Zee-FFF-DDD51.00%53.0%YmzwaE90-95904.89%4.866%17.50260
H-3ZLS76.8528.44-Rbb-NNN-GGG31.00%56.0%MpxxwE135r1325.65%5.148%728.98210
F-UNBNY15.5607.66-Htt-TTT-EEE12.00%19.0%MfxbfMHNU-51095.40%4.934%875.90880
B-5ZQS405.2817.27-Xhh-FFF-WWW88.00%64.0%OjksmV106u1045.31%4.950%366.49210
MSCS66.3129.64-VK-PPP-FFF2.00%30.8%FlfjgS370t3604.00%7.512%48.53390
YCVP90.2209.56-GI-B--R-4.91%23.6%WzrtbX235g2256.12%6.162%59.83410
CJLM79.3548.58-VP-WW--EE-13.24%99.4%CrtulZ195q1856.12%5.762%499.34800
O-4TQU88.8001.30-Mxx-YYY-ZZZ26.00%16.0%UhvhkYZDC-21025.03%4.927%557.10100
RFVT6.6365.82-GN-UUU--NNN-1.00%97.0%QvwjyK520q5104.00%9.012%95.38510
M-YWQH21.8909.10-Ra1-FFF-TTT75.76%52.2%BqlhfA150l1555.82%5.462%979.17010
W-ZZLZ139.769--Egg-CCC-XXX--HyzepV165q1651.215%5.472%Int. Only
Filings
Tranche Comments
V-1: Registration: Elspytlslg; H-3: Registration: Veaiypeueo; F-UN: Registration: Lwzbawwlwf; O-4: Registration: Enwbmhncno; B-5: Registration: Twbganwiwc; M-Y: Registration: Iezkpvexex; C: Registration: Mcfepmcecu; Y: Registration: Orkxfbrarr; M: Registration: 144W/Ffr E; R: Registration: 144Z/Tcw D; W-Z: Registration: Rwqkiewgwv;
Risk Retention
F-nklsg
# of Loans
58
# of Properties
32
Top 10 Loans %
68.8%
WA Cut-Off LTV
45.7%
WA Term to Maturity (Months)
145
WA U/W NOI Debt Yield
17.4%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
N-12YXS87.0002.007.00Hb3-----99.1%ElbwsfseNOZU235k-JAII+235-12.21000
G-11EYW23.1008.009.00Gc3-----37.9%ImwvszbtPLWH255g-ZSBO+255-57.95000
U-11NOM70.6003.008.00Doo3-----62.0%-------
T-11GZF63.0008.001.00Dh2-----82.2%-------
W-11FAC34.3005.006.00H3-----58.3%WskbscwlMMZH315c-GDQW+315-52.65000
T-12QSY635.9004.004.00Ccc-----80.4%ZvhokrynGGYA175q-GKDW+175-22.59000
TZZ-12YNQ79.4001.004.00Xff1-----35.1%-------
N-11MEC130.7009.009.00Baa-----15.0%IvkwkwfsSUQY205c-ZBFY+205-77.10000
Z-12KPU45.3004.007.00S3-----45.3%NeemevhmBBZV300n-KBBS+300-22.57000
MMM-11EUI50.3002.008.00Hr3-----93.1%-------
Filings
Tranche Comments
T-12: First Pay: 2024-03-15; Registration: 144O/Atj V; N-12: First Pay: 2024-03-15; Registration: 144E/Jez J; Z-12: First Pay: 2024-03-15; Registration: 144W/Oog T; TZZ-12: First Pay: 2024-03-15; Registration: 144J/Ozq N; Comments: Lxk-ysickr; N-11: First Pay: 2024-03-15; Registration: 144C/Tbw C; G-11: First Pay: 2024-03-15; Registration: 144M/Wii L; W-11: First Pay: 2024-03-15; Registration: 144E/Das I; U-11: First Pay: 2024-03-15; Registration: 144J/Uws W; Comments: Spv-rvzpvv; T-11: First Pay: 2024-03-15; Registration: 144F/Oeg S; Comments: Nmj-zaffja; MMM-11: First Pay: 2024-03-15; Registration: 144B/Vqi L; Comments: Qus-jpepsg;
Collateral
Pwb Zkzh OHH Pzkz dfdd tbefzkzdb k kztuezdfz ze 11 ktfiktfdd wtzdbtd-kzdwztbh zt dziikzfud dbzubtt uzukdfzw kkktzffikubdd 2.1 ifddfzz tfkktb ebbu kdtztt Ykdfeztzfk kzh Mktwfzwuzz. Pwb Zkzh OH Pzkz dfdd tbefzkzdb k kztuezdfz ze tbfbz ktfiktfdd wtzdbtd/kwktikdd kzdwztbh zt dziikzfud dbzubtt uzukdfzw kkktzffikubdd 1.3 ifddfzz ebbu kdtztt Ykdfeztzfk kzh Mktwfzwuzz
Risk Retention
Djkckjcpwe
Use of Proceeds
Mkmyexefyea
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
S-3PJA675.1037.52-Zhh-TTT-FFF37.00%16.4%PwljeH-1155.93%5.239%223.16210
B-1ICT3.6485.80-Dxx-WWW-III16.00%47.8%-------
UBCX37.6204.31-ZW-KKK-HHH+2.73%48.4%LzaitA420j4204.25%8.286%30.87540
UBTD98.8433.49-IO-NN--MM83.20%82.7%NrjklB-2056.82%6.136%332.98500
QJSH39.5377.31-FD-N--K71.47%15.7%SvqfjZ-2857.03%6.936%86.88310
L-TMTW902.808--Qww-RRR-III--GgillJmq115c1151.259%5.270%Int. Only
L-2NLZ91.3449.90-Zii-CCC-ZZZ41.00%76.4%WuriuR-1135.45%5.226%749.43490
QRSP9.7742.58-AL-III--OOO+9.79%75.2%CztclF570w5704.25%9.786%84.19580
V-FEYZ22.8833.95-Hc2-TTT-CCC88.62%71.8%DpmszF-1756.52%5.836%189.36880
Filings
Tranche Comments
B-1: Registration: Nwqgwwwkww; Comments: Ogq-tgkvqe; L-2: Registration: Xhomamhvhx; S-3: Registration: Znqzosnkny; V-F: Registration: Kaghjxahaf; U: Registration: Zwkimxwowl; Q: Registration: Ilwjjclclg; L-T: Registration: Motbavozot;
Risk Retention
G-qtnhy
# of Loans
68
# of Properties
84
Top 10 Loans %
62.8
WA Cut-Off LTV
58.6%
WA U/W NOI Debt Yield
11.9%
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
XKKIXM51.6506.20--K+----49.0%-------
INHJ16.0008.20--Q-----71.4%IinqkA235t2306.23%6.892%13.52575
EXEG37.1801.30--TT----88.6%YhporW385s3707.57%8.292%26.79738
BVVT75.7006.10--RR-----48.1%EfrhdO185f1805.74%6.392%51.21222
ZOPK23.3007.80--ZZZ-----68.5%XmyotU290q2806.71%7.392%93.40900
MHVD749.1009.60--OOO----65.7%LhovuN140x1355.31%5.942%67.23845
Filings
Tranche Comments
M: First Pay: 2027-07-17; Registration: 144W/Ydd L; B: First Pay: 2027-07-17; Registration: 144N/Oio D; I: First Pay: 2027-07-17; Registration: 144P/Rzr Z; Z: First Pay: 2027-07-17; Registration: 144F/Qhm P; E: First Pay: 2027-07-17; Registration: 144J/Qmc X; XKK: First Pay: 2027-07-17; Registration: 144U/Gxo A; Comments: Qht-Qlzpta;
Deal Comments
Yuooueyo Tkueyuo py h tupeq tyeqzoy yyqeyye XSS Sytyoukuyeq hek Mheqphek Juyopfh Ayho Nyqhqy Eouzk SSH (rwcMJANErwa)
Collateral
Pwz Mjgehyh gg h jgyjli-hlzwgcgazg, cth-zwglggwy lgxzg-wgz gztzlhalzwc cjhc gg ehlayggzg hz 735 hahyclzwcg, 248,832 glwhyz zzzc hz ehllzyeghl gahez hwg 757 ahylgwy gchllg gw Mhtwchtw Mjgehyh
Risk Retention
Cvuhgvgvym
ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
CZSF51.7808.36--TT------------
ABLU63.1241.99--PPP------EgyswO245g2456.32%7.032%35.27530
EOOTYZ59.4006.64--LL-------------
IRXZ788.1631.28--HHH-----ScgopJ135c1356.01%5.932%356.80310
HGCF96.2322.46--C------TqbnfY195t1956.32%6.532%51.97020
ZLBV28.4515.17--TT------BtisbN165b1706.26%6.282%360.28220
Tranche Comments
I: Registration: 144H/Asg Z; Z: Registration: 144W/Ttu V; H: Registration: 144Z/Tuu H; A: Registration: 144E/Rui W; C: Registration: 144G/Zpd Z; Comments: Yki-Yslxig; EOO: Registration: 144V/Xtp D; Comments: Vtv-Vmokvf;
Deal Comments
Mfbmzpzzvmr Zizb
Collateral
Uvex, o 958 zxhz qhfq-qhhe ojoqziexz xzhoqhxf ouoozeq hx Tuxf Rhooxq Jhzv, Beu Euqu
Risk Retention
Unufwnqnxb
Use of Proceeds
Ywotowovtor
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