Wells Fargo Commercial Mortgage Trust 2025-5C5

Tranches, pool and monthly delinquency indicator for Wells Fargo Commercial Mortgage Trust 2025-5C5.

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

Current pool balance: $596.0M (July 2025)
Original pool balance: $596.0M
Loans at issuance: 32
Closing date: 2025-07-30
Weighted average coupon at issuance: 6.74%
Weighted average LTV at issuance: 42.9%
30+ delinquent (latest): 0.00%
Realized stress score: 4.8
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	$4.0M	99.33%	4.715% fixed	95004MAA5	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
A-2	$150.0M	74.16%	5.107% fixed	95004MAB3	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
A-3	$263.2M	30.00%	5.590% fixed	95004MAC1	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
A-S	$52.1M	21.25%	5.918% fixed	95004MAF4	AAA	not yet reported	not yet reported	Aa3	AAA (sf)
B	$29.8M	16.25%	6.219% floating (WAC)	95004MAG2	AA-	not yet reported	not yet reported	not yet reported	AA (sf)
C	$23.8M	12.25%	6.014% floating (WAC)	95004MAH0	A-	not yet reported	not yet reported	not yet reported	A (sf)
D	$22.4M	8.50%	4.250% fixed	95004MAN7	BBB-	not yet reported	not yet reported	not yet reported	BBB (sf)
E	$14.9M	6.00%	4.250% fixed	95004MAQ0	BB-	not yet reported	not yet reported	not yet reported	BB (high) (sf)
F-RR	$10.4M	4.25%	6.941% floating (WAC)	95004MAS6	B-	not yet reported	not yet reported	not yet reported	B (high) (sf)
G-RR	$25.3M	0.00%	6.941% floating (WAC)	95004MAU1	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	95004MAW7	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$417.2M	Interest only	1.534% floating	95004MAD9	AAA	not yet reported	not yet reported	Aaa	AAA (sf)
X-B	$105.8M	Interest only	0.917% floating	95004MAE7	A-	not yet reported	not yet reported	not yet reported	A (high) (sf)
X-D	$22.4M	Interest only	2.691% floating	95004MAJ6	BBB-	not yet reported	not yet reported	not yet reported	BBB (high) (sf)
X-E	$14.9M	Interest only	2.691% floating	95004MAL1	BB-	not yet reported	not yet reported	not yet reported	BBB (low) (sf)

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	32
Original loan balance	$596.1M
Weighted average coupon	6.74%
Weighted average LTV	42.9%
Median loan LTV	53.0%
Full-term interest only (share of balance)	86.4%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	10.0%
Five largest loans (share of balance)	44.2%
Occupancy at issuance (weighted average)	90.4%

Realized outcomes

Months reported	1
Peak 30+ delinquency	0.00% (July 2025)
Ever severe (share of original balance)	0.00%
Ever modified (share of original balance)	0.00%
Past scheduled maturity (share of original balance)	0.00%
Non-performing matured (share of original balance)	0.00%
Maximum servicer advances (share of balance)	0.00%
Median DSCR, first year	1.44
Median DSCR, latest	1.44
Realized stress score	4.8

Property types

Property type	Original balance	Share of pool
Multifamily	$166.7M	28.0%
Industrial	$144.1M	24.2%
Office	$117.5M	19.7%
Lodging	$74.3M	12.5%
Retail	$24.8M	4.2%
Mixed use	$15.0M	2.5%
Self storage	$3.6M	0.6%

Property type is reported for 91.6% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
Gateway Industrial Center	Detroit, MI	$59.5M	10.0%	6.74%	2025
Century Business Center	Hawthorne, CA	$59.5M	10.0%	6.64%	2025
322 Grand Concourse	Bronx, NY	$52.5M	8.8%	6.30%	2025
The Wharf	Washington, DC	$50.0M	8.4%	5.44%	2025
200 Wood Avenue South	Woodbridge, NJ	$42.0M	7.0%	7.16%	2025

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	15 of 15
Classes with a current rating in the dataset	13 of 15
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.