WFCM 2017-C38 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated January 28, 2026.
2026-01-28
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is WFCM 2017-C38? A US commercial mortgage-backed security ($1.2B; 81 loans; 230 properties).

Identifiers: Series wfcm2017-c38; CIK 1707817.

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 1707817.

📋 Quick Links
🏢 Entities
10
📈 Metrics
30
📊 Charts
15
💰 Fund Holdings
7
📄 Documents
3
💬 Analysis & Commentary
3
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Who's Involved#

Rating AgenciesMoodys, Fitch, KBRA
Certificate AdministratorWells Fargo Bank, N.A.
Special ServicerKeyBank National Association
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerWells Fargo Bank, National Association
Special ServicerKeyBank Real Estate Capital
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Master ServicerTrimont Real Estate Advisors
Operating AdvisorPark Bridge Lender Services
TrusteeWilmington Trust, National Association

Deal Metrics

Key performance indicators and statistics tracking the deal's current status and history.

Deal Overview

Original Trust Amount
$1,155,404,000
Current Trust Amount
$977,197,567
Number of Loans
81
Number of Properties
230
Average Loan Size
$14,264,247

Portfolio Characteristics

Weighted Average Interest Rate
4.4%
Weighted Average Term
116 months
Original Valuation
$14,772,505,000
Current Valuation
$14,202,970,000

Key Dates

Origination Date
6/9/2017
Latest Valuation
4/1/2025
Latest Transfer
3/6/2025
Latest Return
8/12/2025
Latest Modification
9/25/2025

Special Servicing Status

Loans in Special Servicing
1
Special Servicing Balance
$46,388,019
Loans Returned to Master
4
Balance Returned
$125,499,296
Avg Time in Special Servicing
337 days
Avg Time to Return
428 days

Valuation Changes

Updated Valuations
1
Total Updated Value
$547,200,000
Value Change Amount
-$408,800,000
Value Change Percentage
-42.8%

Modifications

Number of Modifications
6
Modified Balance
$125,108,673

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - WFCM 2017-C38 - All States
2026-01-28

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-01-28
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
JPMorgan Income ETF2026-01-28Search FIGILookup LEID$3,813,7342026-02-28
Federated Hermes Total Return Bond Fund2026-01-23Search FIGILookup LEIA-5$3,301,4302025-11-30
Delaware VIP Diversified Income Series2020-11-25Search FIGILookup LEIA-5$2,534,9622020-12-31
New Covenant Income Fund2025-11-28Search FIGILookup LEIA-5$177,2152026-06-30
T. Rowe Price Institutional Core Plus Fund2020-10-27Search FIGILookup LEIB$174,9342021-05-31
Western Asset Total Return ETF2025-08-25Search FIGILookup LEIA-4$95,5582026-03-31
PPM Core Plus Fixed Income Fund2023-05-24Search FIGILookup LEIB$49,6712023-12-31
Fund NameTranchesIds
JPMorgan Income ETF
$3,813,734
2026-02-28
DSearch FIGI
Lookup LEI
Federated Hermes Total Return Bond Fund
$3,301,430
2025-11-30
A-5Search FIGI
Lookup LEI
Delaware VIP Diversified Income Series
$2,534,962
2020-12-31
A-5Search FIGI
Lookup LEI
New Covenant Income Fund
$177,215
2026-06-30
A-5Search FIGI
Lookup LEI
T. Rowe Price Institutional Core Plus Fund
$174,934
2021-05-31
BSearch FIGI
Lookup LEI
Western Asset Total Return ETF
$95,558
2026-03-31
A-4Search FIGI
Lookup LEI
PPM Core Plus Fixed Income Fund
$49,671
2023-12-31
BSearch 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 data@dealcharts.org to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2025-12-30
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2017-06-21
Annex A
Document filing with updated information.
View on SEC →
2017-06-21
Final Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2025-12-02
Portfolio (65 Hotel properties)
Starwood Capital Group Global L.P.
Prospectus ID: 4
Loan transferred to Special Servicing effective 2/24/25 due to imminent default. Hello Letter was noticed and PNA has been executed. Collateral consists of a 65 mixed service hotels, totaling 6,366 keys. Loan is paid through 11/1/2025. A Modification Agreement was signed on 9/25/2025 which provides for the expedited sale of underperforming assets along with modifications to certain release provisions, cash-management terms and other terms to improve funding towards
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💬 Servicer Commentary

2025-08-28
225 & 233 Park Avenue South
Orda Management Corporation
Prospectus ID: 6
Borrower and Lender have entered into a loan modification, effective 7/8/2025. SS is coordinating with MS on returning the loan. The loan is payment current and due for the August 2025 payment.
Open Deal →

💬 Servicer Commentary

2025-03-26
Rite Aid - Allentown
Aleksander Goldin
Prospectus ID: 62
The Loan was transferred to Special Servicing on November 29, 2023, due to Imminent Monetary Default. The Special Servicer has reached out to the Borrower and executed a pre-negotiation agreement. The Special Servicer and Borrower are
Open Deal →

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/wfcm2017-c38
{
  "deal_id": "wfcm2017-c38",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "Moodys, Fitch, KBRA"
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Special Servicer",
    "name": "KeyBank Real Estate Capital"
  },
  {
    "role": "Depositor",
    "name": "Wells Fargo Commercial Mortgage Securities, Inc."
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Trustee",
    "name": "Wilmington Trust, National Association"
  }
]
}


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Filing data from sec.gov NPORT-P to produce the Fund Holdings table.

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