← Wells Fargo Commercial Mortgage Trust 2019-C51 · Loan annex · CMBS market
- Deal
- Wells Fargo Commercial Mortgage Trust 2019-C51
- Current balance
- $3.0M (September 2026)
- Share of deal
- 0.5%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2029-03-11
Property and terms
| Property | Loan 23 |
| Address | not yet reported |
| Property type | Self storage |
| Units, beds or keys | 2748 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $11.9M |
| Current balance | $3.0M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 4.99% |
| Current interest rate | 4.99% |
| Origination date | 05-31-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-03-11 |
| Prepayment lockout end | 03-10-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | C-III Commercial Mortgage LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | Yes |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $18.0M | not yet reported | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| July 2019 | $11.9M | Current | 4.99% | 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 2019 | $11.9M | Current | 4.99% | 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 |
| September 2019 | $11.9M | Current | 4.99% | 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 2019 | $11.9M | Current | 4.99% | 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 |
| November 2019 | $11.9M | Current | 4.99% | 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 |
| December 2019 | $11.8M | Current | 4.99% | 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 |
| January 2020 | $11.8M | Matured balloon, non-performing | 4.99% | not yet reported | not yet reported | not yet reported | $63,903 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2020 | $11.8M | 30-59 days delinquent | 4.99% | not yet reported | not yet reported | not yet reported | $127,806 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2020 | $11.8M | Matured balloon, non-performing | 4.99% | not yet reported | not yet reported | not yet reported | $63,906 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2020 | $11.8M | Matured balloon, non-performing | 4.99% | not yet reported | not yet reported | not yet reported | $63,903 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2020 | $11.8M | Matured balloon, non-performing | 4.99% | not yet reported | not yet reported | not yet reported | $63,905 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2020 | $11.8M | Current | 4.99% | 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 |
| July 2020 | $11.7M | Current | 4.99% | 1.24 | 1.31 | 84% | $0 | 12-31-2019 | $2.3M | $1.2M | $1.0M | $951,644 |
| August 2020 | $11.7M | Current | 4.99% | 1.24 | 1.31 | 84% | $0 | 12-31-2019 | $2.3M | $1.2M | $1.0M | $951,644 |
| September 2020 | $11.7M | Current | 4.99% | 1.32 | 1.39 | 85% | $0 | 06-30-2020 | $1.1M | $602,310 | $535,225 | $507,824 |
| October 2020 | $11.7M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,905 | 06-30-2020 | $1.1M | $602,310 | $535,225 | $507,824 |
| November 2020 | $11.7M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,903 | 06-30-2020 | $1.1M | $602,310 | $535,225 | $507,824 |
| December 2020 | $11.7M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,905 | 06-30-2020 | $1.1M | $602,310 | $535,225 | $507,824 |
| January 2021 | $11.7M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,904 | 09-30-2020 | $1.7M | $922,948 | $801,840 | $760,735 |
| February 2021 | $11.7M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,904 | 09-30-2020 | $1.7M | $922,948 | $801,840 | $760,735 |
| March 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,909 | 09-30-2020 | $1.7M | $922,948 | $801,840 | $760,735 |
| April 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.32 | 1.39 | 85% | $63,904 | 09-30-2020 | $1.7M | $922,948 | $801,840 | $760,735 |
| May 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.31 | 1.38 | 85% | $63,905 | 12-31-2020 | $2.3M | $1.2M | $1.1M | $1.0M |
| June 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.31 | 1.38 | 85% | $63,904 | 12-31-2020 | $2.3M | $1.2M | $1.1M | $1.0M |
| July 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.66 | 1.73 | 89% | $63,906 | 03-31-2021 | $598,222 | $265,905 | $332,317 | $318,616 |
| August 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.66 | 1.73 | 89% | $63,904 | 03-31-2021 | $598,222 | $265,905 | $332,317 | $318,616 |
| September 2021 | $11.6M | Matured balloon, non-performing | 4.99% | 1.66 | 1.73 | 89% | $63,904 | 03-31-2021 | $598,222 | $265,905 | $332,317 | $318,616 |
| October 2021 | $11.5M | Matured balloon, non-performing | 4.99% | 1.66 | 1.73 | 89% | $63,906 | 03-31-2021 | $598,222 | $265,905 | $332,317 | $318,616 |
| November 2021 | $11.5M | Matured balloon, non-performing | 4.99% | 1.56 | 1.63 | 89% | $63,904 | 06-30-2021 | $1.2M | $582,449 | $624,190 | $596,786 |
| December 2021 | $11.5M | Matured balloon, non-performing | 4.99% | 1.56 | 1.63 | 89% | $63,906 | 06-30-2021 | $1.2M | $582,449 | $624,190 | $596,786 |
| January 2022 | $11.5M | Matured balloon, non-performing | 4.99% | 1.56 | 1.63 | 89% | $63,904 | 06-30-2021 | $1.2M | $582,449 | $624,190 | $596,786 |
| February 2022 | $11.5M | Matured balloon, non-performing | 4.99% | 1.56 | 1.63 | 89% | $63,904 | 06-30-2021 | $1.2M | $582,449 | $624,190 | $596,786 |
| March 2022 | $11.5M | Matured balloon, non-performing | 4.99% | 1.58 | 1.65 | 89% | $63,909 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| April 2022 | $11.5M | 60-89 days delinquent | 4.99% | 1.58 | 1.65 | 89% | $127,814 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| May 2022 | $11.4M | 30-59 days delinquent | 4.99% | 1.58 | 1.65 | 89% | $127,811 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| June 2022 | $11.4M | 30-59 days delinquent | 4.99% | 1.58 | 1.65 | 89% | $127,811 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| July 2022 | $11.4M | Matured balloon, non-performing | 4.99% | 1.58 | 1.65 | 89% | $63,906 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| August 2022 | $11.4M | Matured balloon, non-performing | 4.99% | 1.58 | 1.65 | 89% | $63,905 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| September 2022 | $11.4M | Matured balloon, non-performing | 4.99% | 1.58 | 1.65 | 89% | $63,905 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| October 2022 | $11.4M | 30-59 days delinquent | 4.99% | 1.58 | 1.65 | 89% | $127,811 | 12-31-2021 | $2.5M | $1.2M | $1.3M | $1.2M |
| November 2022 | $11.4M | 60-89 days delinquent | 4.99% | 1.68 | 1.75 | 89% | $191,716 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| December 2022 | $11.3M | Current | 4.99% | 1.68 | 1.75 | 89% | $0 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| January 2023 | $11.3M | Matured balloon, non-performing | 4.99% | 1.68 | 1.75 | 89% | $63,905 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| February 2023 | $11.3M | Current | 4.99% | 1.68 | 1.75 | 89% | $0 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| March 2023 | $11.3M | Current | 4.99% | 1.68 | 1.75 | 89% | $0 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| April 2023 | $11.2M | Current | 4.99% | 1.68 | 1.75 | 89% | $0 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| May 2023 | $11.2M | Current | 4.99% | 1.68 | 1.75 | 89% | $0 | 09-30-2022 | $1.9M | $930,536 | $1.0M | $966,322 |
| June 2023 | $11.2M | Matured balloon, non-performing | 4.99% | 1.43 | 1.50 | 89% | $63,906 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| July 2023 | $11.2M | Matured balloon, non-performing | 4.99% | 1.43 | 1.50 | 89% | $63,907 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| August 2023 | $11.2M | Matured balloon, non-performing | 4.99% | 1.43 | 1.50 | 89% | $63,906 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| September 2023 | $11.2M | Matured balloon, non-performing | 4.99% | 1.43 | 1.50 | 89% | $63,906 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| October 2023 | $11.2M | Matured balloon, non-performing | 4.99% | 1.43 | 1.50 | 89% | $63,907 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| November 2023 | $11.1M | Matured balloon, non-performing | 4.99% | 1.43 | 1.50 | 89% | $63,906 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| December 2023 | $11.1M | Current | 4.99% | 1.43 | 1.50 | 89% | $0 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| January 2024 | $11.1M | Current | 4.99% | 1.43 | 1.50 | 89% | $0 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| February 2024 | $11.1M | Current | 4.99% | 1.43 | 1.50 | 89% | $0 | 12-31-2022 | $2.5M | $1.4M | $1.2M | $1.1M |
| March 2024 | $11.1M | Current | 4.99% | 1.52 | 1.59 | 84% | $0 | 09-30-2023 | $2.0M | $1.0M | $916,495 | $875,390 |
| April 2024 | $11.0M | Current | 4.99% | 1.48 | 1.55 | 84% | $0 | 12-31-2023 | $2.6M | $1.4M | $1.2M | $1.1M |
| May 2024 | $11.0M | Current | 4.99% | 1.48 | 1.55 | 84% | $0 | 12-31-2023 | $2.6M | $1.4M | $1.2M | $1.1M |
| June 2024 | $11.0M | Current | 4.99% | 1.48 | 1.55 | 84% | $0 | 12-31-2023 | $2.6M | $1.4M | $1.2M | $1.1M |
| July 2024 | $11.0M | Matured balloon, non-performing | 4.99% | 2.10 | 2.17 | 83% | $63,908 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| August 2024 | $11.0M | Current | 4.99% | 2.10 | 2.17 | 83% | $0 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| September 2024 | $11.0M | Matured balloon, non-performing | 4.99% | 2.10 | 2.17 | 83% | $63,907 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| October 2024 | $10.9M | Current | 4.99% | 2.10 | 2.17 | 83% | $0 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| November 2024 | $10.9M | Current | 4.99% | 2.10 | 2.17 | 83% | $0 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| December 2024 | $10.9M | Matured balloon, non-performing | 4.99% | 2.10 | 2.17 | 83% | $63,908 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| January 2025 | $10.9M | Current | 4.99% | 2.10 | 2.17 | 83% | $0 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| February 2025 | $10.9M | Matured balloon, non-performing | 4.99% | 2.10 | 2.17 | 83% | $63,907 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| March 2025 | $10.9M | Matured balloon, non-performing | 4.99% | 2.10 | 2.17 | 83% | $63,912 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| April 2025 | $10.8M | Matured balloon, non-performing | 4.99% | 2.10 | 2.17 | 83% | $63,907 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| May 2025 | $10.8M | Current | 4.99% | 2.10 | 2.17 | 83% | $0 | 03-31-2024 | $704,035 | $287,738 | $416,297 | $402,595 |
| June 2025 | $10.8M | Matured balloon, non-performing | 4.99% | 1.96 | 2.03 | 83% | $63,907 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| July 2025 | $10.8M | Matured balloon, non-performing | 4.99% | 1.96 | 2.03 | 83% | $63,909 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| August 2025 | $10.8M | Matured balloon, non-performing | 4.99% | 1.96 | 2.03 | 83% | $63,907 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| September 2025 | $3.1M | Matured balloon, non-performing | 4.99% | 1.96 | 2.03 | 83% | $51,222 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| October 2025 | $3.1M | Current | 4.99% | 1.96 | 2.03 | 83% | $0 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| November 2025 | $3.1M | Matured balloon, non-performing | 4.99% | 1.96 | 2.03 | 83% | $56,525 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| December 2025 | $3.1M | 30-59 days delinquent | 4.99% | 1.96 | 2.03 | 83% | $74,823 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| January 2026 | $3.1M | 60-89 days delinquent | 4.99% | 1.96 | 2.03 | 83% | $93,121 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| February 2026 | $3.1M | 60-89 days delinquent | 4.99% | 1.96 | 2.03 | 83% | $93,108 | 03-31-2025 | $672,582 | $282,242 | $390,340 | $376,638 |
| March 2026 | $3.0M | Current | 4.99% | 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 |
| April 2026 | $3.0M | Current | 4.99% | 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 |
| May 2026 | $3.0M | Current | 4.99% | 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 |
| June 2026 | $3.0M | Current | 4.99% | 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 |
| July 2026 | $3.0M | Current | 4.99% | 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 2026 | $3.0M | Current | 4.99% | 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 |
| September 2026 | $3.0M | Current | 4.99% | 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 |
|---|---|
| February 2020 | First reported 30 or more days delinquent |
| 2026-03-11 | Defeasance recorded (first filing showing defeased status) |
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: Morgan Stanley Capital I Trust 2019-H7; Morgan Stanley Capital I Trust 2019-H7; Wells Fargo Commercial Mortgage Trust 2019-C52.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.