WFCM 2018-C46 – 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 2018-C46, backed by 52 loans across 59 commercial properties, totaling $692,401,000 in collateral. Structured as a multi-borrower conduit deal.
  • What's notable: Strong entity coverage with 12 verified counterparties and comprehensive cross-referenced collateral from prior series.
  • Key identifiers: CIK 1748940 | Shelf | Series wfcm2018-c46 | Issued 2025-Q1
  • Verify: Review source filings in Deal Documents, or confirm entity ownership via Verified Profiles.

Who's Involved#

Deal Metrics

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

Deal Overview

Original Trust Amount
$692,401,000
Current Trust Amount
$542,354,609
Number of Loans
52
Number of Properties
59
Average Loan Size
$13,315,404

Portfolio Characteristics

Weighted Average Interest Rate
5.0%
Weighted Average Term
106 months
Original Valuation
$2,472,905,000
Current Valuation
$2,834,015,000

Key Dates

Origination Date
7/27/2018
Latest Valuation
8/20/2024
Latest Transfer
7/3/2023
Latest Return
5/24/2024
Latest Modification
12/14/2023

Special Servicing Status

Loans in Special Servicing
3
Special Servicing Balance
$29,812,328
Loans Returned to Master
4
Balance Returned
$81,095,242
Avg Time in Special Servicing
1208 days
Avg Time to Return
347 days

Valuation Changes

Updated Valuations
3
Total Updated Value
$68,000,000
Value Change Amount
-$56,500,000
Value Change Percentage
-106.9%

Modifications

Number of Modifications
4
Modified Balance
$63,480,063

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-08-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
Intermediate Bond Fund of America2025-07-25Search FIGILookup LEIA-3$10,831,1392025-08-31
Bond Fund of America2025-08-25Search FIGILookup LEIA-3$6,419,0042025-12-31
American Funds Multi-Sector Income Fund2025-08-25Search FIGILookup LEIB$2,693,5122025-12-31
Nuveen Bond Index Fund2025-08-28Search FIGILookup LEIA-4$1,971,6652026-03-31
JPMorgan Ultra-Short Income ETF2025-07-28Search FIGILookup LEIA-2$1,905,7302026-02-28
Fidelity Investment Grade Bond Central Fund2025-08-22Search FIGILookup LEIA-4, X-A$1,837,0392025-09-30
American Funds Strategic Bond Fund2025-08-25Search FIGILookup LEIB$1,391,8402025-12-31
PGIM Balanced Fund2025-08-27Search FIGILookup LEIA-3$1,036,5322025-09-30
Putnam Morgtage Securities Fund2025-08-26Search FIGILookup LEIC$811,0182025-09-30
Fidelity Total Bond Fund2025-07-24Search FIGILookup LEIX-A$776,0652025-08-31
Putnam Income Fund2025-09-23Search FIGILookup LEIC$383,4432025-10-31
Strategic Advisers Core Income Fund2025-07-30Search FIGILookup LEIX-A$213,6922026-02-28
Multimanager Core Bond Portfolio2025-08-26Search FIGILookup LEIB$22,6712025-12-31
13 of 13 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? Verify your fund 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 →
2018-08-28
Final Prospectus
Document filing with updated information.
View on SEC →
2018-08-07
Final Termsheet
Document filing with updated information.
View on SEC →
2018-08-07
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2018-08-07
Annex A
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2025-10-01
2415 Mission Street
Jered Thomas Kenna
Prospectus ID: 32
The Loan was transferred to Special Servicing on 7/17/2020. The Lender took title via foreclosure on 6/8/2021. An REO auction occurred in August 2022 that failed to meet the Lender's reserve price. The Special Servicer replaced the existing property manager on 5/1/2023 with a local SRO-focused management company in order to facilitate a repositioning of the asset. A capital improvements plan was embarked upon and subsequently completed at the end of February 2025. Upon completion of the capital project in Feb 2025, the SRO portion of the property was 36% occupied. As of August 2025, the SRO portion of the property has achieved an occupancy of 73%. The Special Servicer is in regular contact with the third-party property management to assess and adjust leasing terms for the SRO units in order to achieve a stabilized occupancy.
Open Deal →

External Analysis

No external analysis linked yet. Become a Verified Contributor to publish and link your research.
All items include provenance (author, timestamp, source). See Create-Data for how verified notes become training-ready artifacts.Have a source-backed clarification? Add verified context.
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/wfcm2018-c46
{
  "deal_id": "wfcm2018-c46",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "Moodys, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "Argentic Securities Holdings Cayman Limited or an affiliate"
  },
  {
    "role": "Trustee",
    "name": "Wilmington Trust, National Association"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Depositor",
    "name": "Wells Fargo Commercial Mortgage Securities, Inc."
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Commercial Mortgage Securities, Inc."
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "Argentic Services Company LP"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Depositor",
    "name": "Wells Fargo Bank, National Association"
  }
]
}


Access the underlying datasets used to power these analytics.
Snowflake Logo

CMBS Fund Holdings Dataset

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

Go to Marketplace   Data Dictionary
Paid
Snowflake Logo

CREFC IRP standardized datasets

Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.

Go to Marketplace   Data Dictionary
Paid
Free to Explore
Dealcharts remains free to explore. Verification funds stewardship of the public context graph.