WFCM 2017-C38 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated October 1, 2025.2025-10-01
Context Brief
- What it is: A 2025-vintage CMBS transaction issued by WFCM 2017-C38, backed by 81 loans across 230 commercial properties, totaling $1,155,404,000 in collateral. Structured as a multi-borrower conduit deal.
- What's notable: Strong entity coverage with 10 verified counterparties and comprehensive cross-referenced collateral from prior series.
- Key identifiers: CIK 1707817 | Shelf — | Series wfcm2017-c38 | Issued 2025-Q1
- Verify: Review source filings in Deal Documents, or confirm entity ownership via Verified Profiles.
📋 Quick Links
Who's Involved#
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$1,155,404,000Current Trust Amount
$983,938,842Number of Loans
81Number of Properties
230Average Loan Size
$14,264,247Portfolio Characteristics
Weighted Average Interest Rate
4.4%Weighted Average Term
116 monthsOriginal Valuation
$14,772,505,000Current Valuation
$14,624,770,000Key Dates
Origination Date
6/9/2017Latest Valuation
1/1/1970Latest Transfer
3/6/2025Latest Return
8/12/2025Latest Modification
7/11/2020Special Servicing Status
Loans in Special Servicing
1Special Servicing Balance
$50,000,000Loans Returned to Master
4Balance Returned
$125,733,131Avg Time in Special Servicing
224 daysAvg Time to Return
428 daysValuation Changes
Updated Valuations
0Total Updated Value
N/AValue Change Amount
N/AValue Change Percentage
N/AModifications
Number of Modifications
5Modified Balance
$79,084,850Deal Charts
Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.
Fund Exposure#
Source: NPORT-P & related disclosures • 2025-08-2618 of 18 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.
* 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.
Provenance & Documents
Issuance → amendments → reports. Tap to 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.
💬 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.
💬 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
External Analysis
No external analysis linked yet. Become a Verified Contributor to publish and link your research.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.yamlGET 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": "Depositor", "name": "Wells Fargo Commercial Mortgage Securities, Inc." }, { "role": "Special Servicer", "name": "KeyBank National Association" }, { "role": "Certificate Administrator", "name": "Wells Fargo Bank, N.A." }, { "role": "Operating Advisor", "name": "Park Bridge Lender Services" }, { "role": "Master Servicer", "name": "Trimont Real Estate Advisors" }, { "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": "Trustee", "name": "Wilmington Trust, National Association" } ] }
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CMBS Fund Holdings Dataset
Filing data from sec.gov NPORT-P to produce the Fund Holdings table.
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CREFC IRP standardized datasets
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