Wells Fargo Commercial Mortgage Trust 2017-C38 (segment D04, CIK 850779)
Current balance
$13.9M (October 2017)
Share of deal
2.0%
Status
Current
DSCR (latest)
not yet reported
Occupancy (latest)
not yet reported
Scheduled maturity
2022-05-06
Property and terms
Property
Magnolia Hotel Denver
Address
818 17th Street; Denver, CO 80202
Property type
Lodging
Units, beds or keys
297
Net rentable square feet
not yet reported
Year built
not yet reported
Year last renovated
2016
Original balance
$20.0M
Current balance
$13.9M (October 2017)
Share of deal balance
2.0%
Interest rate at origination
3.69%
Current interest rate
5.27%
Origination date
05-02-2017
Original term
120 months
Amortization term
not yet reported
Interest-only period
120 months
Scheduled maturity
2022-05-06
Prepayment lockout end
02-05-2027
Yield maintenance end
not yet reported
Servicer
Midland Loan Services
Loan servicer
not yet reported
Originator
Barclays
Current status
Current
Specially serviced now
No
Defeased
No
Valuation
Basis
Amount
Date
Source (as filed)
At securitization
$44.3M
04-18-2017
MAI
Monthly history
Month
Balance
Status
Rate
DSCR (NCF)
DSCR (NOI)
Occupancy
Advances
Financial period end
Revenue
Expenses
NOI
NCF
July 2017
$20.0M
Current
3.69%
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
August 2017
$24.2M
Current
4.09%
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
October 2017
$13.9M
Current
5.27%
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
2022-05-06
Scheduled maturity passed; the loan is still reported, with status Current in October 2017
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.