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Monday, October 19, 2026

WOLFCHASE GALLERIA (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32)

Page built October 19, 2026

Property, terms, monthly financial history and surveillance record for a loan in Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32.

Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-15

← Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 · Loan annex · CMBS market

Deal
Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32
Current balance
$47.0M (September 2026)
Share of deal
8.3%
Status
Matured balloon, non-performing
DSCR (latest)
1.77
Occupancy (latest)
69%
Scheduled maturity
2026-11-01

Property and terms

PropertyWOLFCHASE GALLERIA
Address2760 NORTH GERMANTOWN PARKWAY; Memphis, TN 38133
Property typeRetail
Units, beds or keysnot yet reported
Net rentable square feet391,862
Year built1997
Year last renovatednot yet reported
Original balance$50.0M
Current balance$47.0M (September 2026)
Share of deal balance8.3%
Interest rate at origination4.15%
Current interest rate4.15%
Origination date10-26-2016
Original term120 months
Amortization term360 months
Interest-only periodnot yet reported
Scheduled maturity2026-11-01
Prepayment lockout end12-31-2018
Yield maintenance endnot yet reported
ServicerTrimont LLC
Loan servicernot yet reported
OriginatorMSMCH
Current statusMatured balloon, non-performing
Specially serviced nowNo
DefeasedNo

Valuation

BasisAmountDateSource (as filed)
At securitization$254.0M09-26-2016MAI
Most recent reported$254.0M2016-09-26not yet reported

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

TenantSquare feetLease expiration
Malco Theatres31,04912-31-2027
H&M22,12501-31-2029
JD Sports21,91202-28-2029

The three largest tenants as reported in the latest asset-level record.

Monthly history

$0$14,829,155$29,658,310$44,487,465$59,316,62020172018201920202021202220232024202520260.00.51.01.51.9201820192020202120222023202420252026
MonthBalanceStatusRateDSCR (NCF)DSCR (NOI)OccupancyAdvancesFinancial period endRevenueExpensesNOINCF
December 2016$54.9MCurrent4.15%1.801.8090%$008-31-2016$26.0M$8.7M$17.3M$17.3M
January 2017$49.9MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
February 2017$49.8MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
March 2017$49.7MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
April 2017$49.7MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
May 2017$49.6MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
June 2017$49.5MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
July 2017$49.4MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
August 2017$49.4MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
September 2017$49.3MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
October 2017$49.2MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
November 2017$49.2MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
December 2017$49.1MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
January 2018$49.0MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
February 2018$49.0MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
March 2018$48.9MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
April 2018$48.8MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
May 2018$48.7MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
June 2018$48.7MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
July 2018$48.6MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
August 2018$48.5MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
September 2018$48.5MCurrent4.15%not yet reportednot yet reportednot yet reported$0not yet reportednot yet reportednot yet reportednot yet reportednot yet reported
October 2018$48.4MCurrent4.15%1.221.3481%$006-30-2018$10.8M$4.3M$6.4M$5.9M
November 2018$48.3MCurrent4.15%1.221.3481%$006-30-2018$10.8M$4.3M$6.4M$5.9M
December 2018$48.2MCurrent4.15%1.221.3481%$006-30-2018$10.8M$4.3M$6.4M$5.9M
January 2019$48.2MCurrent4.15%1.231.3487%$009-30-2018$21.5M$8.6M$12.9M$11.8M
February 2019$48.1MCurrent4.15%1.231.3487%$009-30-2018$21.5M$8.6M$12.9M$11.8M
March 2019$48.0MCurrent4.15%1.231.3487%$009-30-2018$21.5M$8.6M$12.9M$11.8M
April 2019$47.9MCurrent4.15%1.231.3487%$009-30-2018$21.5M$8.6M$12.9M$11.8M
May 2019$47.9MCurrent4.15%1.231.3487%$009-30-2018$21.5M$8.6M$12.9M$11.8M
June 2019$47.8MCurrent4.15%1.241.3584%$012-31-2018$21.7M$8.6M$13.0M$11.9M
July 2019$47.7MCurrent4.15%1.241.3584%$012-31-2018$21.7M$8.6M$13.0M$11.9M
August 2019$47.6MCurrent4.15%1.241.3584%$012-31-2018$21.7M$8.6M$13.0M$11.9M
September 2019$47.6MCurrent4.15%1.241.3584%$012-31-2018$21.7M$8.6M$13.0M$11.9M
October 2019$47.5MCurrent4.15%1.181.3080%$006-30-2019$10.6M$4.4M$6.2M$5.7M
November 2019$47.4MCurrent4.15%1.181.3080%$006-30-2019$10.6M$4.4M$6.2M$5.7M
December 2019$47.3MCurrent4.15%1.171.2880%$009-30-2019$15.8M$6.5M$9.3M$8.4M
January 2020$47.3MCurrent4.15%1.171.2880%$009-30-2019$15.8M$6.5M$9.3M$8.4M
February 2020$47.2MCurrent4.15%1.171.2880%$009-30-2019$15.8M$6.5M$9.3M$8.4M
March 2020$47.1MCurrent4.15%1.171.2880%$009-30-2019$15.8M$6.5M$9.3M$8.4M
April 2020$47.0MCurrent4.15%1.171.2880%$009-30-2019$15.8M$6.5M$9.3M$8.4M
May 2020$47.0MMatured balloon, non-performing4.15%1.171.2880%$242,73909-30-2019$15.8M$6.5M$9.3M$8.4M
June 2020$47.0M30-59 days delinquent4.15%1.171.2981%$485,47312-31-2019$21.1M$8.7M$12.4M$11.3M
July 2020$47.0M60-89 days delinquent4.15%1.171.2981%$728,21312-31-2019$21.1M$8.7M$12.4M$11.3M
August 2020$47.0M90+ days delinquent4.15%1.171.2981%$970,94712-31-2019$21.1M$8.7M$12.4M$11.3M
September 2020$46.8M30-59 days delinquent4.15%1.171.2981%$485,46812-31-2019$21.1M$8.7M$12.4M$11.3M
October 2020$46.7M30-59 days delinquent4.15%1.171.2981%$485,47512-31-2019$21.1M$8.7M$12.4M$11.3M
November 2020$46.6M30-59 days delinquent4.15%1.171.2981%$485,47612-31-2019$21.1M$8.7M$12.4M$11.3M
December 2020$46.5M30-59 days delinquent4.15%1.171.2981%$485,47712-31-2019$21.1M$8.7M$12.4M$11.3M
January 2021$46.4MMatured balloon, non-performing4.15%1.171.2981%$242,73612-31-2019$21.1M$8.7M$12.4M$11.3M
February 2021$46.4M30-59 days delinquent4.15%1.171.2981%$242,73612-31-2019$21.1M$8.7M$12.4M$11.3M
March 2021$46.8MCurrent4.15%0.931.0593%$485,49109-30-2020$12.9M$5.4M$7.6M$6.7M
April 2021$47.0MCurrent4.15%0.931.0593%$650,00909-30-2020$12.9M$5.4M$7.6M$6.7M
May 2021$47.0MCurrent4.15%0.931.0593%$009-30-2020$12.9M$5.4M$7.6M$6.7M
June 2021$47.0MCurrent4.15%1.051.1779%$162,59312-31-2020$19.7M$8.4M$11.2M$10.1M
July 2021$47.0MCurrent4.15%1.051.1779%$157,34812-31-2020$19.7M$8.4M$11.2M$10.1M
August 2021$47.0MCurrent4.15%1.121.2374%$003-31-2021$4.9M$2.0M$2.9M$2.6M
September 2021$47.0MCurrent4.15%1.121.2374%$003-31-2021$4.9M$2.0M$2.9M$2.6M
October 2021$47.0MCurrent4.15%1.361.4875%$006-30-2021$9.8M$2.7M$7.0M$6.5M
November 2021$47.0MCurrent4.15%1.361.4875%$006-30-2021$9.8M$2.7M$7.0M$6.5M
December 2021$47.0MCurrent4.15%1.361.4875%$006-30-2021$9.8M$2.7M$7.0M$6.5M
January 2022$47.0MMatured balloon, non-performing4.15%1.361.4875%$165,97306-30-2021$9.8M$2.7M$7.0M$6.5M
February 2022$47.0MCurrent4.15%1.081.2095%$009-30-2021$14.8M$6.2M$8.6M$7.8M
March 2022$47.0MCurrent4.15%1.081.2095%$009-30-2021$14.8M$6.2M$8.6M$7.8M
April 2022$47.0MCurrent4.15%1.081.2095%$009-30-2021$14.8M$6.2M$8.6M$7.8M
May 2022$47.0MCurrent4.15%1.131.2478%$012-31-2021$20.5M$8.5M$11.9M$10.8M
June 2022$47.0MCurrent4.15%1.131.2478%$012-31-2021$20.5M$8.5M$11.9M$10.8M
July 2022$47.0MCurrent4.15%1.781.9579%$003-31-2022$5.4M$2.2M$3.2M$2.9M
August 2022$47.0MCurrent4.15%1.781.9579%$003-31-2022$5.4M$2.2M$3.2M$2.9M
September 2022$47.0MCurrent4.15%1.781.9579%$003-31-2022$5.4M$2.2M$3.2M$2.9M
October 2022$47.0MCurrent4.15%1.781.9579%$003-31-2022$5.4M$2.2M$3.2M$2.9M
November 2022$47.0MCurrent4.15%1.081.1978%$006-30-2022$20.2M$8.7M$11.5M$10.4M
December 2022$47.0MCurrent4.15%1.081.1978%$006-30-2022$20.2M$8.7M$11.5M$10.4M
January 2023$47.0MCurrent4.15%1.081.1978%$006-30-2022$20.2M$8.7M$11.5M$10.4M
February 2023$47.0MCurrent4.15%1.061.1879%$009-30-2022$15.1M$6.6M$8.5M$7.7M
March 2023$47.0MCurrent4.15%1.061.1879%$009-30-2022$15.1M$6.6M$8.5M$7.7M
April 2023$47.0MCurrent4.15%1.061.1879%$009-30-2022$15.1M$6.6M$8.5M$7.7M
May 2023$47.0MCurrent4.15%1.061.1879%$009-30-2022$15.1M$6.6M$8.5M$7.7M
June 2023$47.0MCurrent4.15%1.061.1879%$009-30-2022$15.1M$6.6M$8.5M$7.7M
July 2023$47.0MCurrent4.15%1.071.1995%$012-31-2022$20.4M$9.0M$11.4M$10.3M
August 2023$47.0MCurrent4.15%1.071.1995%$012-31-2022$20.4M$9.0M$11.4M$10.3M
September 2023$47.0MCurrent4.15%1.071.1995%$012-31-2022$20.4M$9.0M$11.4M$10.3M
October 2023$47.0MCurrent4.15%1.071.1995%$012-31-2022$20.4M$9.0M$11.4M$10.3M
November 2023$47.0MCurrent4.15%1.451.6278%$006-30-2023$9.7M$4.4M$5.3M$4.7M
December 2023$47.0MCurrent4.15%1.451.6278%$006-30-2023$9.7M$4.4M$5.3M$4.7M
January 2024$47.0MCurrent4.15%1.451.6278%$006-30-2023$9.7M$4.4M$5.3M$4.7M
February 2024$47.0MCurrent4.15%1.431.6078%$009-30-2023$14.6M$6.7M$7.8M$7.0M
March 2024$47.0MCurrent4.15%1.431.6078%$009-30-2023$14.6M$6.7M$7.8M$7.0M
April 2024$47.0MCurrent4.15%1.431.6078%$009-30-2023$14.6M$6.7M$7.8M$7.0M
May 2024$47.0MCurrent4.15%1.431.6078%$009-30-2023$14.6M$6.7M$7.8M$7.0M
June 2024$47.0MCurrent4.15%1.431.6078%$009-30-2023$14.6M$6.7M$7.8M$7.0M
July 2024$47.0MCurrent4.15%1.501.6778%$012-31-2023$20.0M$9.1M$10.9M$9.8M
August 2024$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
September 2024$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
October 2024$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
November 2024$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
December 2024$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
January 2025$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
February 2025$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
March 2025$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
April 2025$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
May 2025$47.0MCurrent4.15%1.641.8176%$003-31-2024$4.4M$1.4M$3.0M$2.7M
June 2025$47.0MCurrent4.15%1.181.3575%$012-31-2024$18.2M$9.4M$8.8M$7.7M
July 2025$47.0MCurrent4.15%1.181.3575%$012-31-2024$18.2M$9.4M$8.8M$7.7M
August 2025$47.0MCurrent4.15%1.181.3575%$012-31-2024$18.2M$9.4M$8.8M$7.7M
September 2025$47.0MCurrent4.15%1.181.3575%$012-31-2024$18.2M$9.4M$8.8M$7.7M
October 2025$47.0MCurrent4.15%1.181.3575%$012-31-2024$18.2M$9.4M$8.8M$7.7M
November 2025$47.0MCurrent4.15%0.991.1674%$006-30-2025$8.8M$5.0M$3.8M$3.2M
December 2025$47.0MCurrent4.15%0.991.1674%$006-30-2025$8.8M$5.0M$3.8M$3.2M
January 2026$47.0MCurrent4.15%0.991.1674%$006-30-2025$8.8M$5.0M$3.8M$3.2M
February 2026$47.0MCurrent4.15%1.041.2170%$009-30-2025$13.1M$7.2M$5.9M$5.1M
March 2026$47.0MCurrent4.15%1.041.2170%$009-30-2025$13.1M$7.2M$5.9M$5.1M
April 2026$47.0MCurrent4.15%1.061.2374%$012-31-2025$17.5M$9.5M$8.0M$6.9M
May 2026$47.0MCurrent4.15%1.061.2374%$012-31-2025$17.5M$9.5M$8.0M$6.9M
June 2026$47.0MCurrent4.15%1.061.2374%$012-31-2025$17.5M$9.5M$8.0M$6.9M
July 2026$47.0MCurrent4.15%1.061.2374%$012-31-2025$17.5M$9.5M$8.0M$6.9M
August 2026$47.0MCurrent4.15%1.771.9469%$003-31-2026$4.6M$1.4M$3.2M$2.9M
September 2026$47.0MMatured balloon, non-performing4.15%1.771.9469%$165,97303-31-2026$4.6M$1.4M$3.2M$2.9M

Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.

Status timeline

DateEvent
2020-05-01Loan modified (maturity after modification 2026-11-01)
June 2020First reported 30 or more days delinquent
2020-06-03Transferred to the special servicer
2021-05-11Returned to the master servicer

Also filed in other trusts

Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: BBCMS Mortgage Trust 2017-C1; CSMC 2016-NXSR Commercial Mortgage Trust.

Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.