← Wells Fargo Commercial Mortgage Trust 2016-C37 · Loan annex · CMBS market
- Deal
- Wells Fargo Commercial Mortgage Trust 2016-C37
- Current balance
- $200.0M (April 2018)
- Share of deal
- not yet reported
- Status
- not yet reported
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2022-10-06
Property and terms
| Property | Yorkshire Tower (and 1 more properties) |
| Address | 305 East 86th Street; 160 East 88th Street; New York, NY (and 1 more) 10028 |
| Property type | Multifamily |
| Units, beds or keys | ["690", "137"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2017", "2017"] |
| Original balance | $200.0M |
| Current balance | $200.0M (April 2018) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 2.74% |
| Current interest rate | 4.25% |
| Origination date | 10-03-2017 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2022-10-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | K |
| Loan servicer | not yet reported |
| Originator | Natixis |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April 2018 | $200.0M | not yet reported | 4.25% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
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
| Date | Event |
|---|---|
| 2022-10-06 | Scheduled maturity passed; the loan is still reported, with status not yet reported in April 2018 |
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: CCUBS Commercial Mortgage Trust 2017-C1; CSAIL 2017-CX10 Commercial Mortgage Trust (segment D01, CIK 1720474); CSAIL 2017-CX10 Commercial Mortgage Trust (segment D01, CIK 1720474); CSAIL 2018-CX11 Commercial Mortgage Trust; JPMDB Commercial Mortgage Securities Trust 2018-C8 (segment D02, CIK 1735646); UBS Commercial Mortgage Trust 2017-C5; UBS Commercial Mortgage Trust 2018-C8.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.