WFCM 2016-LC24 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated May 30, 2025.
2025-05-30
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is WFCM 2016-LC24? A US commercial mortgage-backed security.

Identifiers: Series wfcm2016-lc24; CIK 1682860.

Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.

Sources: SEC EDGAR CIK 1682860.

📋 Quick Links
🏢 Entities
15
💰 Fund Holdings
8
📄 Documents
3
💬 Analysis & Commentary
4
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Who's Involved#

Rating AgenciesMoodys, Fitch, KBRA
Controlling ClassPrime Finance CMBS B-Piece Holdco IV, L.P.
Special ServicerLNR Partners
Special ServicerMidland Loan Services
Master ServicerTrimont Real Estate Advisors
Co-op Special ServicerNational Cooperative Bank, N.A.
Operating AdvisorTrimont Real Estate Advisors
Operating AdvisorBellOak
Master ServicerWells Fargo Bank, National Association
Certificate AdministratorComputershare Trust Company, N.A.
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Certificate AdministratorWells Fargo Bank, N.A.
Co-op Master ServicerNational Cooperative Bank, N.A.
Operating AdvisorTrimont Real Estate Advisors
Operating AdvisorBellOak

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 Exposure#

Source: NPORT-P & related disclosures • 2020-11-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
DoubleLine Total Return Bond Fund2025-11-25Search FIGILookup LEIC$5,420,4292026-03-31
Blackstone Real Estate Income Master Fund2020-11-27Search FIGILookup LEID$4,750,6412020-12-31
AAM HIMCO Short Duration Income Fund2025-11-21Search FIGILookup LEIA-4$1,156,0942026-06-30
DoubleLine Opportunistic Credit Fund2025-11-25Search FIGILookup LEIC$920,2772025-09-30
VANGUARD BALANCED INDEX FUND2025-05-28Search FIGILookup LEIA-4, A-SB$665,2732025-12-31
Pioneer Bond Fund2025-05-30Search FIGILookup LEIX-A$392,9442025-06-30
DoubleLine Income Solutions Fund2025-11-25Search FIGILookup LEIX-EF$352,4002025-09-30
Franklin Allocation VIP Fund2025-11-24Search FIGILookup LEIA-S$118,0282025-12-31
Fund NameTranchesIds
DoubleLine Total Return Bond Fund
$5,420,429
2026-03-31
CSearch FIGI
Lookup LEI
Blackstone Real Estate Income Master Fund
$4,750,641
2020-12-31
DSearch FIGI
Lookup LEI
AAM HIMCO Short Duration Income Fund
$1,156,094
2026-06-30
A-4Search FIGI
Lookup LEI
DoubleLine Opportunistic Credit Fund
$920,277
2025-09-30
CSearch FIGI
Lookup LEI
VANGUARD BALANCED INDEX FUND
$665,273
2025-12-31
A-4, A-SBSearch FIGI
Lookup LEI
Pioneer Bond Fund
$392,944
2025-06-30
X-ASearch FIGI
Lookup LEI
DoubleLine Income Solutions Fund
$352,400
2025-09-30
X-EFSearch FIGI
Lookup LEI
Franklin Allocation VIP Fund
$118,028
2025-12-31
A-SSearch FIGI
Lookup LEI
8 of 8 funds* Use toggle buttons to sort
* 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.
Filings are mapped to tranches/deals with normalized identifiers.Quality & lineageFund not listed or misattributed? Contact us at data@dealcharts.org to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-01-28
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2016-09-07
Final Termsheet
Document filing with updated information.
View on SEC →
2016-09-07
Annex A
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2026-01-28
Prospectus ID: 4A
Loan transferred for Imminent Default on 3/24/25. Collateral consists of a first-lien leasehold interest in a 247,183 SF, Class A, 21-story office building built in 19216 and located in Midtown Manhattan in NYC. Due to drop in occupancy cash flow has declined and is not significant to cover debt service and operating expenses. Cash management is in place.The Borrower has indicated they do not have funds to carry the property, so willing to cooperate with the lender to take back the propert y. Foreclosure complaint and motion for the appointment of receiver have been filed. The motion to appoint a receiver has been approved by the court; receiver is now in place. Legal counsel working with Borrower on stipulation to
Open Deal →

💬 Servicer Commentary

2026-01-28
Mahesh Desai
Prospectus ID: 40
Loan transferred to SS on 6/28/2024 for imminent default due to Borrower's failure to complete the required PIP work by May 1, 2024. Lender previously extended Borrower relief for CoVID-19 related impact and then a forbearance agreement. Subject is a 97-key full-service branded Holiday Inn and Suites in Beaufort, SC. Lender received Franchisor satisfactory PIP Completion Letter and is closing out work unit.
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💬 Servicer Commentary

2026-01-28
American Realty Capital New York City REIT, Inc.
Prospectus ID: 4
Loan transferred for Imminent Default on 3/24/25. Collateral consists of a first-lien leasehold interest in a 247,183 SF, Class A, 21-story office building built in 19216 and located in Midtown Manhattan in NYC. Due to drop in occupancy cash flow has declined and is not significant to cover debt service and operating expenses. Cash management is in place.The Borrower has indicated they do not have funds to carry the property, so willing to cooperate with the lender to take back the property. Foreclosure complaint and motion for the appointment of receiver have been filed. The motion to appoint a receiver has been approved by the court; receiver is now in place. Legal counsel working with Borrower on stipulation to
Open Deal →

💬 Servicer Commentary

2025-01-02
Rodney C. Freeman
Prospectus ID: 15
REO Title Date: 10/4/2022. The Property is comprised of two parcels of land that is approx. 9.13 acres in size. The Property is designed and used for multi-tenant office and retail purposes. One Corporate Plaza consists of a 6-story office building and a two-level parking garage that were constructed in 1984. Two Corporate Plaza consists of an 8-story office building, one-story retail building and one 3-level parking garage that were constructed in 1989. The Property is located in the Clear akes market of Houston. Crossed with or Companion Loan: Pari Passu loan in WFCM 2016-C36. Deferred Maintenance: Most deferred maintenance issues have been addressed or are in the process of being completed, including fire panel replacement, partial roof replacement and elevator modernization. All chillers have been replaced by the Receiver before the REO title date. Common areas updates are almost complete. Leasing Summary: Approx. six lease renewals have been completed with an aggregate of 28,753 SF. Three new leases with an aggregate of 22K SF have been completed. Marketing Summary: The property is currently not listed for sale.
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External Analysis

No external analysis linked yet. Contact us to publish and link your research.
All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Have a source-backed note on this deal? Contact us.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/wfcm2016-lc24
{
  "deal_id": "wfcm2016-lc24",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "Moodys, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "Prime Finance CMBS B-Piece Holdco IV, L.P."
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Special Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Co-op Special Servicer",
    "name": "National Cooperative Bank, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Operating Advisor",
    "name": "BellOak"
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Depositor",
    "name": "Wells Fargo Commercial Mortgage Securities, Inc."
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Co-op Master Servicer",
    "name": "National Cooperative Bank, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Operating Advisor",
    "name": "BellOak"
  }
]
}


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