WFCM 2016-BNK1 - Charts and Resources
Data discoverability for CMBS deal WFCM 2016-BNK1 updated as of 2025-05-30.
2025-05-30
Deal Overview
Wells Fargo Commercial Mortgage Trust 2016-BNK1's issuance is a U.S. CMBS transaction issued from the WF shelf.Rating AgenciesS&P, Moodys, Fitch, KBRA
Controlling ClassRREF III Debt AIV, LP or another affiliate of Rialto Capital Advisors, LLC.
Certificate AdministratorWells Fargo Bank, N.A.
Master ServicerTrimont Real Estate Advisors
Master ServicerWells Fargo Bank, National Association
Special ServicerRialto Capital Advisors
TrusteeWilmington Trust, National Association
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Certificate AdministratorComputershare Trust Company, N.A.
Operating AdvisorPark Bridge Lender Services
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Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal metrics are coming soon. Check back later for detailed performance data.
Fund Holdings
Explore a list of funds that include WFCM 2016-BNK1 bonds in their portfolios, sourced directly from the most recent NPORT-P filings on EDGAR SEC.gov. The funds in this table should have a reporting period end date in the future which means the holdings are current as of the most recent filing.* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
Recent Commentary
Special servicers provide regular updates on the status of troubled loans. Below are recent comments from special servicing reports filed with sec.gov EDGAR for WFCM 2016-BNK1, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-04-29
as Trustee under Trust Agreement dated November 5 1974
Prospectus ID: 3
Loan transferred to special servicing due to Imminent Monetary Default due to concerns of Purdue Pharma filing for bankruptcy, which subsequently occurred in 9/2019. Property transferred to REO effective 11/1/2023. As of 3/28/25, Special Servicer is curre ntly marketing space at the property for rent and continues to pursue its leasing strategy, final recovery projected in Q2 2026.
💬 Servicer Commentary
2025-04-29
D.W. Wells Obrecht
Prospectus ID: 6
The loan transferred 3/25/2025 due to monetary default. The Pre-Negotiation letter has been sent to the borrower.
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
Get some data
Access the underlying datasets used to power these analytics.
CMBS Fund Holdings Dataset
Filing data from sec.gov NPORT-P to produce the Fund Holdings table.
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CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
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