← Wells Fargo Commercial Mortgage Trust 2025-5C3 · Loan annex · CMBS market
- Deal
- Wells Fargo Commercial Mortgage Trust 2025-5C3
- Current balance
- $6.7M (March 2026)
- Share of deal
- not yet reported
- Status
- 90+ days delinquent
- DSCR (latest)
- 1.96
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2031-11-06
Property and terms
| Property | JO BORGEN PLAZA |
| Address | 248 & 250 BENDIGO BLVD S & 249 MAIN AVE S; North Bend, WA 98045 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 26,187 |
| Year built | 1980 |
| Year last renovated | not yet reported |
| Original balance | $6.8M |
| Current balance | $6.7M (March 2026) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 4.07% |
| Current interest rate | 4.07% |
| Origination date | 11-04-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2031-11-06 |
| Prepayment lockout end | 08-05-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | UBS AG |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $10.5M | 09-20-2021 | MAI |
| Most recent reported | $9.5M | 2025-10-03 | MAI |
Change from securitization to the most recent reported valuation: -9.8%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Bartells | 15,727 | 09-12-2025 |
| Togs Capital | 1,864 | 06-30-2027 |
| Frankies Pizza | 1,717 | 03-01-2034 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 2026 | $6.7M | 90+ days delinquent | 4.07% | 1.96 | 2.04 | 100% | $130,783 | 12-31-2024 | $748,903 | $176,579 | $572,324 | $548,476 |
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 |
|---|---|
| 2025-08-28 | Transferred to the special servicer |
| March 2026 | First reported 30 or more days delinquent |
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: GS Mortgage Securities Trust 2020-GC47; Wells Fargo Commercial Mortgage Trust 2021-C61.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.