WFCM 2015-C31 - Charts and Resources

7/2/2025 - Loan was transferred to Special Servicing on 1/6/2021 for imminent default as the Borrower was past due for its 11/6/2020 payment. Sponsor would no longer support the hotel but cooperated with the appointment of a receiver. Consensual fo reclosure action was filed on 03/30/2021. Receiver was appointed on 04/12/2021. The receiver listed the property for sale in 2022 and early 2023 but no acceptable bids were received. The property has been taken off the gain in June 2024. Property operations have improved significantly since the receiver took possession and cash flow is now sufficient to cover operating expenses and some debt service. Purchase/Sales Agreement has been executed between the Receiver and the buyer and the sale has been approved by the court as well. We anticipate closing the sale / loan assumption during 3rd Qtr. 2025. 7.3.2025: Updated BOV received from CBRE and a JLL BOV is forthcoming. Updated appraisal was also received by SS and is currently under review. The installed replacement property management company have engaged numerous existing renewing/amending their leases, many of these tenants are seeking to expand their footprints, these lease discussions remain ongoing. However, several tenants have already been extended. Lender has interviewed and received proposals from CBRE, JLL, Cushman and Marcus & Millichap for sales broker services, to market and position this asset for sale when appropriate. The Loan has been returned to the Master Servicer. Borrower has executed a new PNL and has made an initial proposal for an extension which was rejected by Lender; Lender counter offer has been proposed. 07/07/2025: Loan transferred to Special Servicing on January 14, 2025 due to non-compliance with cash management initially triggered September 2022.This loan in secured by an 88,408 SF single tenant retail property occupied by Kohl's orth, Ohio. Next loan payment is due July 6, 2025.Demand for the establishment of Cash Management has been prepared by counsel and delivered tot he borrower. Borrower deposited all excess cash due from September

06/04/2025: Loan transferred to Special Servicing on January 14, 2025 due to non-compliance with cash management initially triggered January 2023.This loan in secured by an 88,408 SF single tenant retail property occupied by Kohl's located in Wadsworth, Ohio. Next loan payment is due June 6, 2025.Demand for the establishment of Cash Management has been prepared by counsel and delivered tot he borrower. Borrower is reportedly working with a broker to sell the asset, full

5.2.2025: The asset is generating interest from several local developers interested in buying the subject asset and our installed replacement property management company are engaging those prospects to setup property tours. Given heightened interes t into the asset, lender has ordered an updated appraisal and BOVs. Additionally, Lender interviewed and received proposals from CBRE and Marcus & Millichap for sales broker services, to market and position this asset for sale. Those broker proposals are under review internally. Lender anticipates marketing the asset for sale in earnest within next ~ 30-45 days. On 2.7.2025, the Court approved Lender's Order to Appoint JLL as the Receiver and