WFCM 2016-NXS5 - Charts and Resources
Data discoverability for CMBS deal WFCM 2016-NXS5 updated as of 2025-06-30.
Deal Overview
Wells Fargo Commercial Mortgage Trust 2016-NXS5's issuance is a U.S. CMBS transaction issued from the WF shelf.| Role | Party |
|---|---|
| Rating Agencies | S&P, Moodys, Fitch, MSTAR |
| Controlling Class | Rialto CMBS VIII, LLC or another affiliate of Rialto Capital Advisors, LLC. |
| Special Servicer | Rialto Capital Advisors |
| Master Servicer | Wells Fargo Bank, N.A. |
| Operating Advisor | Park Bridge Lender Services |
| Certificate Administrator | Wells Fargo Bank, N.A. |
| Master Servicer | Trimont Real Estate Advisors |
| Trustee | Wilmington Trust, National Association |
| Depositor | Wells Fargo Commercial Mortgage Securities, Inc. |
| Certificate Administrator | Computershare Trust Company, N.A. |
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Fund Holdings
Explore a list of funds that include WFCM 2016-NXS5 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.* 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.
Deal Documents
Links to the deal documents for WFCM 2016-NXS5.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-NXS5, giving insights into the current situation and actions being taken.Loan is secured by a 113-room Shilo Inn in Ocean Shores, WA and an 84-room Shilo Inn in Nampa, ID. Forbearance was previously executed but the Loan remains in Payment Default. Borrower filed bankruptcy prior to the foreclosure sale. Lender is dual tracking negotiations and stay relief in the bankruptcy. Interest only payments have been received. Borrower indicates it has a Lender for a payoff with partial waivers. Negotiations are in process and may include a partial collateral release in the BK. Court has not set official deadline at this time but refinance is being negotiated and appraisals are on order.
Special Servicer is in communication with Borrower's representatives, and is evaluating the Loan and collateral in order to determine the appropriate next steps for the Loan. The Loan is current on debt service payments, and cash management is active. A Receiver has been appointed to control the collateral as of May 2025.
Loan is secured by a 63-room Shilo Inn in Warrenton, OR. A forbearance was previously executed but Loan remains in payment default. The Borrower filed bankruptcy prior to the foreclosure sale. Lender is dual tracking negotiations. Interest Only payments have been received. Borrower indicates it has a Lender for a payoff with partial waivers. Court has not set official deadline at this time but refinance is being negotiated and appraisals are on order.
- The property is currently in REO, with a Special Servicer having appointed a property manager and leasing agent.- Lease extension has been executed with the current tenant and the property maintains full occupancy. Special Servicer will assess strategy for property disposition, and if elected, target a sale date in Q4 2025
Greenbriar Terrace Apartments and Southside Apartments were sold on 4/21/2022 through a Receiver sale. Sale of the remaining property is scheduled for 3/14/2025.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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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.
CREFC IRP standardized datasets
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