WFCM 2018-C48 - Charts and Resources

Data discoverability for CMBS deal WFCM 2018-C48 updated as of 2025-03-26.

2025-03-26

Deal Overview

Wells Fargo Commercial Mortgage Trust 2018-C48's issuance is a U.S. CMBS transaction issued from the WF shelf and backed by 54 commercial mortgage loans with an aggregate principal balance of 833.7 million at issuance, secured by the fee and leasehold interests in 107 properties across 31 U.S. states.
Rating AgenciesMoodys, Fitch, KBRAControlling ClassArgentic Securities Holdings Cayman Limited or an affiliateDepositorWells Fargo Commercial Mortgage Securities, Inc.Master ServicerTrimontSpecial ServicerArgentic Services Company LPOperating AdvisorPentalpha SurveillanceCertificate AdministratorComputershare Trust Company, N.A.TrusteeWilmington Trust, National Association

Deal Metrics

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

Key Deal Information

Core financial metrics and portfolio characteristics of the deal.
Original Trust Amount
$834,260,500
Current Trust Amount
$736,442,402(12.0%)
Number of Loans
54
Number of Properties
107
Average Loan Size
$15,449,269
Weighted Average Interest Rate
5.1%
Weighted Average Term
116 months

Key Dates

Timeline of significant events and milestones in the deal's history.
Origination Date
11/19/2018
Most Recent Valuation Date
3/1/2023
Most Recent Transfer Date
12/8/2024
Most Recent Return Date
5/23/2024
Most Recent Modification Date
4/1/2020

Special Servicing

Status and history of loans transferred to special servicing.
Loans in Special Servicing
1
Special Servicing Balance
$30,352,423
Loans Returned to Master
7
Balance Returned to Master
$116,193,856
Avg Special Servicing Time
127 days
Avg Time to Return to Master
494 days

Modifications

Summary of loan modifications and affected balances.
Number of Modifications
4
Modified Amount
$66,837,103

Valuations

Property valuation changes and updates since deal issuance.
Total Valuation at Issuance
$9,024,555,000
Current Total Valuation
$9,042,705,000
Number of Updated Valuations
3
Total Updated Valuation
$227,400,000
Valuation Change Amount
-$98,300,000
Valuation Change Percentage
-74.8%

Deal Charts

Fund Holdings

Explore a list of funds that include WFCM 2018-C48 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.
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
Fidelity Investment Grade Bond Central Fund2025-02-25Search FIGILookup LEIA-5$13,413,8412025-09-30
Performance Trust Total Return Bond Fund2025-04-08Search FIGILookup LEIB, X-B, A-SB$11,451,0882025-08-31
PGIM Total Return Bond Fund2025-03-27Search FIGILookup LEIA-5$9,735,1472025-10-31
iShares Short Duration Bond Active ETF2025-03-27Search FIGILookup LEIA-5$5,229,2412025-10-31
Strategic Advisers Fidelity Core Income Fund2024-10-29Search FIGILookup LEIA-5$3,770,2532025-05-31
Fund NameTranchesIds
Fidelity Investment Grade Bond Central Fund
$13,413,841
2025-09-30
A-5Search FIGI
Lookup LEI
Performance Trust Total Return Bond Fund
$11,451,088
2025-08-31
B, X-B, A-SBSearch FIGI
Lookup LEI
PGIM Total Return Bond Fund
$9,735,147
2025-10-31
A-5Search FIGI
Lookup LEI
iShares Short Duration Bond Active ETF
$5,229,241
2025-10-31
A-5Search FIGI
Lookup LEI
Strategic Advisers Fidelity Core Income Fund
$3,770,253
2025-05-31
A-5Search FIGI
Lookup LEI
* 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.

Deal Documents

Links to the deal documents for WFCM 2018-C48.

Recent Special Servicing 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 2018-C48, giving insights into the current situation and actions being taken.

The Loan transferred to special servicing effective December 9, 2024 due to Imminent Monetary Default. The Loan is current and next due for March 6, 2025. The Borrower requested a transfer to special servicing to propose a modification to the payment structure of the loan. The parties were unable to come to a mutually acceptable agreement and Borrower has indicated that they plan to keep the loan current for the foreseeable future. Hence, the loan will be returned to MS after

2025-03-26
1000 Windward Concourse
Sebastian Barbagallo
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.

Get some data

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.

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CREFC IRP standardized datasets

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

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