BANK 2018-BNK11

Data as of loan data through September 2026; ratings as held in the dataset at build

Current pool balance: $639.3M (September 2026)
Original pool balance: $688.2M
Loans at issuance: 42
Closing date: 2018-04-26
Weighted average coupon at issuance: 4.42%
Weighted average LTV at issuance: 33.4%
30+ delinquent (latest): 0.00%
Realized stress score: 30.3
Net rating change since issuance: +0.00 notches

Tranches

Class	Original balance	Credit support (computed)	Coupon	CUSIP	Fitch	KBRA	S&P	Moody's	DBRS
A-1	$21.3M	96.74%	2.963% fixed	06540TAA8	PIF	WR	NR	not yet reported	not yet reported
A-2	$195.0M	66.92%	3.784% fixed	06540TAC4	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-3	$209.9M	34.82%	4.046% floating (WAC)	06540TAD2	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-S	$38.4M	28.94%	4.266% floating (WAC)	06540TAG5	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-SB	$31.5M	24.13%	4.010% fixed	06540TAB6	AAA	AAA	AAA (sf)	not yet reported	not yet reported
B	$49.9M	16.50%	4.357% floating (WAC)	06540TAH3	AA-	AA	NR	not yet reported	not yet reported
C	$30.2M	11.88%	4.386% floating (WAC)	06540TAJ9	A-	A	NR	not yet reported	not yet reported
D	$34.3M	6.63%	3.000% fixed	06540TAP5	BBB-	BBB-	NR	not yet reported	not yet reported
E	$13.9M	4.50%	3.000% fixed	06540TAR1	BB-	BB-	NR	not yet reported	not yet reported
F	$8.2M	3.25%	4.386% floating (WAC)	06540TAT7	B-	B-	NRprelim	not yet reported	not yet reported
G	$21.2M	0.00%	4.386% floating (WAC)	06540TAZ3	not yet reported	not yet reported	NR	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	06540TAX8	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
V	not yet reported	not yet reported	not yet reported	06540TAW0	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$457.7M	Interest only	0.505% floating	06540TAE0	AAA	AAA	AAA (sf)	not yet reported	not yet reported
X-B	$88.3M	Interest only	0.069% floating	06540TAF7	AA-	AAA	NR	not yet reported	not yet reported
X-D	$34.3M	Interest only	1.387% floating	06540TAK6	BBB-	BBB-	NRprelim	not yet reported	not yet reported
X-E	$13.9M	Interest only	1.387% floating	06540TAM2	BB-	BB-	NR	not yet reported	not yet reported

Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.

Pool at issuance

Loans	42
Original loan balance	$688.4M
Weighted average coupon	4.42%
Weighted average LTV	33.4%
Median loan LTV	40.2%
Full-term interest only (share of balance)	49.2%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	9.7%
Five largest loans (share of balance)	45.3%
Occupancy at issuance (weighted average)	94.0%

Realized outcomes

Months reported	102
Peak 30+ delinquency	6.12% (September 2020)
Ever severe (share of original balance)	0.00%
Ever modified (share of original balance)	10.90%
Past scheduled maturity (share of original balance)	0.00%
Non-performing matured (share of original balance)	12.51%
Maximum servicer advances (share of balance)	0.10%
Median DSCR, first year	2.39
Median DSCR, latest	2.25
Realized stress score	30.3

Property types

Property type	Original balance	Share of pool
Retail	$188.9M	27.4%
Office	$153.0M	22.2%
Self storage	$91.4M	13.3%
Lodging	$57.1M	8.3%
Industrial	$53.0M	7.7%
Healthcare	$52.1M	7.6%
Multifamily	$40.5M	5.9%
Manufactured housing	$15.3M	2.2%

Property type is reported for 94.6% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
TWELVE OAKS MALL	Novi, MI	$66.7M	9.7%	4.40%	2018
Extra Space - TIAA Self Storage Portfolio	not yet reported	$66.0M	9.6%	4.53%	2018
APPLE CAMPUS 3	Sunnyvale, CA	$63.0M	9.2%	3.36%	2017
ONE DULLES TOWER	Herndon, VA	$63.0M	9.2%	3.99%	2018
AIRPORT BUSINESS CENTER	Irvine, CA	$53.0M	7.7%	4.38%	2018

Delinquency and stress indicator

▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)

Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.

Ratings

Classes with a CUSIP	17 of 17
Classes with a current rating in the dataset	15 of 17
Net rating change since issuance	+0.00 notches (balance-weighted)
Delinquency threshold crossed	Not crossed in the dataset
First downgrade	None recorded

Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.