WFCM 2017-C38 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated October 31, 2025.
2025-10-31
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.

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.
Operating AdvisorPark Bridge Lender Services
Master ServicerTrimont Real Estate Advisors
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
$980,785,879
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
$14,215,970,000

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
$47,652,415
Loans Returned to Master
4
Balance Returned
$125,673,207
Avg Time in Special Servicing
240 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
$126,644,380

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-08-28
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
Baird Short-Term Bond Fund2025-08-14Search FIGILookup LEIA-5$37,460,8482025-12-31
Bridge Builder Core Bond Fund2025-08-27Search FIGILookup LEIA-4$11,984,8302025-06-30
JPMorgan Income ETF2025-10-29Search FIGILookup LEID$3,654,9622026-02-28
Federated Hermes Total Return Bond Fund2025-10-23Search FIGILookup LEIA-5$3,281,8582025-11-30
Delaware VIP Diversified Income Series2020-11-25Search FIGILookup LEIA-5$2,534,9622020-12-31
Mercer Core Fixed Income Fund2025-08-21Search FIGILookup LEIA-4$825,2752026-03-31
PGIM Balanced Fund2025-08-27Search FIGILookup LEIA-4$607,9262025-09-30
Fidelity Total Bond ETF2025-07-24Search FIGILookup LEIA-SB$598,1482025-08-31
SPDR Portfolio Aggregate Bond ETF2025-08-28Search FIGILookup LEIA-5$490,0592025-06-30
Nuveen Multi-Market Income Fund2025-08-28Search FIGILookup LEIC$461,6552025-06-30
SPDR DoubleLine Total Return Tactical ETF2025-08-28Search FIGILookup LEIX-A$417,2972025-06-30
New Covenant Income Fund2025-08-28Search FIGILookup LEIA-5$176,3682025-06-30
T. Rowe Price Institutional Core Plus Fund2020-10-27Search FIGILookup LEIB$174,9342021-05-31
DoubleLine Flexible Income Fund2025-08-22Search FIGILookup LEIX-A$165,5272026-03-31
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
Multimanager Core Bond Portfolio2025-08-26Search FIGILookup LEIX-A$27,6232025-12-31
17 of 17 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.
2025-10-01
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

2025-10-01
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 9/1/2025. Servicer is a ct ively negotiating modification terms with Borrower. Appraisal has been received and is under review.
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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.
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💬 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
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External Analysis

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Have a source-backed note on this deal? Add verified context and help the market ground analysis in citations.

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": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Trustee",
    "name": "Wilmington Trust, National Association"
  }
]
}


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