WFCM 2019-C50 - Charts and Resources
Data discoverability for CMBS deal WFCM 2019-C50 updated as of 2025-04-29.
Deal Overview
Wells Fargo Commercial Mortgage Trust 2019-C50's issuance is a U.S. CMBS transaction issued from the WF shelf and backed by 74 commercial mortgage loans with an aggregate principal balance of 937.3 million at issuance, secured by the fee and leasehold interests in 362 properties across 33 U.S. states.| Role | Party |
|---|---|
| Rating Agencies | Moodys, Fitch, KBRA |
| Depositor | Wells Fargo Commercial Mortgage Securities, Inc. |
| Certificate Administrator | Wells Fargo Bank, N.A. |
| Representations Reviewer | David Rodgers |
| Special Servicer | Rialto Capital Advisors |
| Master Servicer | Wells Fargo Bank, National Association |
| Trustee | Wilmington Trust, National Association |
| Operating Advisor | Park Bridge Lender Services |
| Operating Advisor & Asset | Park Bridge Lender Services |
| Master Servicer | Trimont Real Estate Advisors |
| Certificate Administrator | Computershare Trust Company, N.A. |
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Portfolio Characteristics
Key Dates
Special Servicing Status
Valuation Changes
Modifications
Deal 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 Holdings
Explore a list of funds that include WFCM 2019-C50 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.* 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 2019-C50.Recent 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 2019-C50, giving insights into the current situation and actions being taken.The Loan transferred due to COVID-related issues. Receivership order entered. Receiver hired sales agent to market asset. Special Servicer is currently evaluating a potential loan assumption/receiver sale. Assumption terms have been finalized and PSA is being drafted. Final PSA draft has been provided to the buyer, pending signatures.
Loan transferred to SS on 10/17/22 for imminent monetary default. A Forbearance Agreement was entered into on 1/31/2024 providing the Borrower through 4/30/2024 to bring the Loan current and implement cash management. The Borrower was unable to bring the Loan current through 4/30/2024. Borrower has not made any substantive offers to bring Loan current. Foreclosure complaint filed 11/1/2024. Litigation ongoing.
Loan transferred due to Payment Default as a result of the Covid-19 pandemic. Special Servicer has commenced foreclosure process. Borrower received court approval and has put a limited receiver into the Hampton Inn to supervise contractor work. Court has granted Lender's request for a Receivership and Janus is now acting in that capacity. Presently addressing PIP completion and CapEx needs of hotels, plus branding - Borrower let Best Western flag expire. Borrower put three of five hotels into Chapter 11 bankruptcy protection. Lender has brought suit under the Guaranty and Guarantor has answered; MSJ filed and Borrower has opposed. Lender restarted foreclosure process on two hotels that are not in bankruptcy; Receiver will market Appeals court denied Borrower's appeal of order appointing Receiver. Borrower has stipulated to the Trustee's appointment of an examiner; order pending.
The loan transferred to special servicing in May 2020 due to a borrower-declared imminent monetary default as a result of COVID-19. The loan subsequently went into payment default beginning with the May 2020 payment. Special Servicer and the borrower parties engaged in discussions relating to a forbearance agreement but the Borrower failed to enter into an agreement. Court-appointed receiver in place. The asset is listed for sale.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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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.
CREFC IRP standardized datasets
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