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CMBS dealSEC-sourced profile

WFCM 2016-LC24

As of 5/30/2025Source: SEC EDGAR, CIK 1682860
Latest answer
WFCM 2016-LC24 is a CMBS reference page with collateral metrics, transaction parties, filings, fund exposure, and machine-readable facts tied back to source disclosure.
Freshness: 405 days
Context brief

Quick Answer

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

Identifiers: Shelf WF; 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.

What it means for you: This is the reported figure - the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com and name the CUSIP you hold (or a seat you're sizing up). Cairn tailors the read to your position, with the receipts.

Part of:2016 VintageWF ShelfMidland Loan Services (Special Servicer)LNR Partners (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/wfcm2016-lc24.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:Entities15Fund Holdings7Documents3Analysis & Commentary6

Who's Involved#

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

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 • 2025-05-30
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
DoubleLine Total Return Bond Fund2026-05-28Search FIGILookup LEIC$5,540,1162026-03-31
Blackstone Real Estate Income Master Fund2020-11-27Search FIGILookup LEID$4,750,6412020-12-31
Franklin Total Return Fund2026-06-24Search FIGILookup LEIA-S$3,400,6332026-10-31
DoubleLine Opportunistic Credit Fund2026-05-28Search FIGILookup LEIC$940,5972026-09-30
VANGUARD BALANCED INDEX FUND2025-05-28Search FIGILookup LEIA-SB, A-4$665,2732025-12-31
Pioneer Bond Fund2025-05-30Search FIGILookup LEIX-A$392,9442025-06-30
DoubleLine Income Solutions Fund2026-05-28Search FIGILookup LEIX-EF$165,5312026-09-30
Fund NameTranchesIds
DoubleLine Total Return Bond Fund
$5,540,116
2026-03-31
CSearch FIGI
Lookup LEI
Blackstone Real Estate Income Master Fund
$4,750,641
2020-12-31
DSearch FIGI
Lookup LEI
Franklin Total Return Fund
$3,400,633
2026-10-31
A-SSearch FIGI
Lookup LEI
DoubleLine Opportunistic Credit Fund
$940,597
2026-09-30
CSearch FIGI
Lookup LEI
VANGUARD BALANCED INDEX FUND
$665,273
2025-12-31
A-SB, A-4Search FIGI
Lookup LEI
Pioneer Bond Fund
$392,944
2025-06-30
X-ASearch FIGI
Lookup LEI
DoubleLine Income Solutions Fund
$165,531
2026-09-30
X-EFSearch FIGI
Lookup LEI
7 of 7 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 support@cmdrvl.com to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-06-29
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#

Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →

Entity Statements

💬 Servicer Commentary

2026-06-29
Brian Adams
Prospectus ID: 55
The Loan was transferred to the Special Servicer on 5/29/2026 due to Imminent Default.
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💬 Servicer Commentary

2026-06-29
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. As of 5/30/26, the Property was 74% occupied with NOI/DSCR: -$3.75MM/-0.90x. A Receiver has been appointed and foreclosure compliant has been filed. Receiver has engaged C&W as leasing agent and they are working to lease up the building. The Receiver has also sent a proposal to the Gr ou nd Lessor to extend the ground lease. No response from the Ground Lessor at this time.
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💬 Servicer Commentary

2026-06-29
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. As of 5/30/26, the Property was 74% occupied with NOI/DSCR: -$3.75MM/-0.90x. A Receiver has been appointed and foreclosure compliant has been filed. Receiver has engaged C&W as leasing agent and they are working to lease up the building. The Receiver has also sent a proposal to the Gr ou nd Lessor to extend the ground lease. No response from the Ground Lessor at this time.
Open Deal →

💬 Servicer Commentary

2026-06-29
Leibel Lederman
Prospectus ID: 5
The Loan was transferred to the Special Servicer on 4/30/2026 due to Imminent Default resulting from the Borrower's inability to cover future operating shortfalls. The collateral is a 366,728 SF, multi-tenant suburban office building built in 1990, r enovated in 2014, and located in Wyomissing, PA ('Property'). The Property's major tenants include Contegix (41,533 SF; $23/SF; 2/28/2033 LXP), Commercial Casualty Company (29,365 SF; $22.50/SF; 10/31/2031 LXP), and Allstate Insurance Company (22,7 28 SF; $23/SF; 5/31/2032 LXP). As of 5/8/2026, the Property is 57% occupied and reports a YE 2025 NOI/DSCR of $1.84MM/0.79x. The Lender will continue gathering information from the Borrower while
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💬 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

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.
Monitoring
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Datasets & API#

GET https://dealcharts.org/llm/facts/wfcm2016-lc24.json
{
  "deal_id": "wfcm2016-lc24",
  "issuer": "",
  "shelf": "WF",
  "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": "Operating Advisor",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Special Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Operating Advisor",
    "name": "BellOak"
  },
  {
    "role": "Co-op Special Servicer",
    "name": "National Cooperative Bank, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "BellOak"
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Co-op Master Servicer",
    "name": "National Cooperative Bank, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Depositor",
    "name": "Wells Fargo Commercial Mortgage Securities, Inc."
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  }
]
}


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