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WFCM 2019-C54

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 29, 2026.
2026-06-29
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is WFCM 2019-C54? A US commercial mortgage-backed security issued December 2019 ($670.0M; 44 loans; 105 properties).

Identifiers: Shelf WF; Series wfcm2019-c54; CIK 1791239.

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 1791239.

What it means for you: This is the reported figure—the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.

Part of:2019 VintageWF ShelfArgentic Services Company LP (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/wfcm2019-c54.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:🏢 Entities
10
📈 Metrics
34
📊 Charts
15
💰 Fund Holdings
12
📄 Documents
6
💬 Analysis & Commentary
3

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassArgentic Securities Holdings Cayman Limited or an affiliate
Master ServicerWells Fargo Bank, National Association
Certificate AdministratorComputershare Trust Company, N.A.
Certificate AdministratorWells Fargo Bank, N.A.
Operating AdvisorPark Bridge Lender Services
TrusteeWilmington Trust, National Association
Master ServicerTrimont Real Estate Advisors
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Special ServicerArgentic Services Company LP

Deal Metrics

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

Deal Overview

Original Trust Amount
$669,973,250
Current Trust Amount
$610,655,308
Number of Loans
44
Number of Properties
105
Average Loan Size
$14,564,636

Portfolio Characteristics

Weighted Average Interest Rate
3.9%
Weighted Average Term
117 months
WA DSCR (NCF) at Issuance
2.27x
WA DSCR (NCF) Current
2.36x
Original Valuation
$3,035,545,000
Current Valuation
$2,841,930,000

Key Dates

Origination Date
10/25/2019
Latest Valuation
9/24/2025
Latest Transfer
5/21/2025
Latest Return
11/6/2025
Latest Modification
12/20/2024

Special Servicing Status

Loans in Special Servicing
1
Special Servicing Balance
$19,500,000
Loans Returned to Master
3
Balance Returned
$65,100,000
Avg Time in Special Servicing
407 days
Avg Time to Return
292 days

Valuation Changes

Updated Valuations
2
Total Updated Value
$55,200,000
Value Change Amount
-$17,600,000
Value Change Percentage
-50.0%

Modifications

Number of Modifications
4
Modified Balance
$79,159,944

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - WFCM 2019-C54 - All States
2026-06-29

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-04-28
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
JNL/DoubleLine Total Return Fund2020-05-28Search FIGILookup LEIX-A, A-4$6,861,3582020-12-31
American Balanced Fund2026-02-26Search FIGILookup LEIA-4$3,833,3752025-12-31
Bond Fund of America2026-05-28Search FIGILookup LEIA-4$3,704,0282026-12-31
DoubleLine Total Return Bond Fund2026-05-28Search FIGILookup LEIX-D, X-A$3,601,9042026-03-31
Income Fund of America2026-03-30Search FIGILookup LEIA-4$2,303,2442026-07-31
American Funds Strategic Bond Fund2026-05-28Search FIGILookup LEIC$2,176,4352026-12-31
American Funds Multi-Sector Income Fund2026-05-28Search FIGILookup LEIC$1,684,5612026-12-31
T. Rowe Price Spectrum Income Fund2026-02-26Search FIGILookup LEIA-4$1,318,9082025-12-31
KP Fixed Income Fund2020-11-25Search FIGILookup LEIA-4$1,256,0092020-12-31
The Bond Fund of America2026-02-26Search FIGILookup LEIA-4$974,6032025-12-31
Columbia Short Duration Bond ETF2026-06-25Search FIGILookup LEIA-4$568,3232026-10-31
Core Fixed Income Fund2025-04-28Search FIGILookup LEIA-4$166,9352025-08-31
Fund NameTranchesIds
JNL/DoubleLine Total Return Fund
$6,861,358
2020-12-31
X-A, A-4Search FIGI
Lookup LEI
American Balanced Fund
$3,833,375
2025-12-31
A-4Search FIGI
Lookup LEI
Bond Fund of America
$3,704,028
2026-12-31
A-4Search FIGI
Lookup LEI
DoubleLine Total Return Bond Fund
$3,601,904
2026-03-31
X-D, X-ASearch FIGI
Lookup LEI
Income Fund of America
$2,303,244
2026-07-31
A-4Search FIGI
Lookup LEI
American Funds Strategic Bond Fund
$2,176,435
2026-12-31
CSearch FIGI
Lookup LEI
American Funds Multi-Sector Income Fund
$1,684,561
2026-12-31
CSearch FIGI
Lookup LEI
T. Rowe Price Spectrum Income Fund
$1,318,908
2025-12-31
A-4Search FIGI
Lookup LEI
KP Fixed Income Fund
$1,256,009
2020-12-31
A-4Search FIGI
Lookup LEI
The Bond Fund of America
$974,603
2025-12-31
A-4Search FIGI
Lookup LEI
Columbia Short Duration Bond ETF
$568,323
2026-10-31
A-4Search FIGI
Lookup LEI
Core Fixed Income Fund
$166,935
2025-08-31
A-4Search FIGI
Lookup LEI
12 of 12 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 support@cmdrvl.com to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-05-28
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2019-12-03
Final Prospectus
Document filing with updated information.
View on SEC →
2019-11-04
Annex A
Document filing with updated information.
View on SEC →
2019-11-04
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2019-11-04
Final Termsheet
Document filing with updated information.
View on SEC →
2019-10-31
Preliminary Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →

Entity Statements

💬 Servicer Commentary

2026-06-29
North & Sheffield
Jeffrey J. Feil
Prospectus ID: 12
Loan was transferred to Special Servicing effective May 21, 2025 due to Imminent Monetary Default (excluding Balloon/Maturity Default & Single Tenant Bankruptcy/Vacate) after Lululemon communicated to the sponsor it would not be exercising its option to e xtend the lease and was seeking a significant rent reduction. A receiver was appointed by the court on 8/08/2025. The receiver negotiated a 2-year extension of the Lululemon lease (26,412 SF, 83.16% of NRA). The go- forward NOI of the property is projecte d to be $552k (0.77x DSCR-NOI). The Special Servicer is evaluating leasing strategies with the receiver to stabilize the property and optimize recovery to the Trust and has begun marketing the Lululemon
Open Deal →

💬 Servicer Commentary

2025-12-02
Takoma Metro Center
Norman Jemal
Prospectus ID: 6
Loan transferred to special servicing on 4/15/2025 due to Payment default. Borrower and SS finalized a reinstatement agreement that included bringing the loan current as well as complying with the cash management provisions. Borrower failed to make the Ju ly and August monthly payments on time and thus, cash management has been implemented. Borrower has since remitted funds to cover all penalty charges related to the payment defaults. SS is coordinating with MS on
Open Deal →

💬 Servicer Commentary

2025-03-04
Portfolio (2 Office properties)
Simeon Derenshteyn
Prospectus ID: 4
On December 20, 2024, a Loan Modification and Reinstatement Agreement was executed which resolves the Events of Default in connection with the terminated major lease, the replacement major lease, and results in a $6,000,000 (19.7% of UPB) paydown of the loan principal with Borrower remitting $2,987,804 in lease termination proceeds to Lender. The Loan is now performing and pending return to MS.
Open Deal →

External Analysis

No external analysis linked yet. Contact us to publish and link your research.
All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
CMD+RVL runs monitors on the filings behind this page — new servicer reports, ratings actions, collateral shifts — and delivers each state change with full provenance.
Set up monitoring for this deal
Have a source-backed note on this deal? Contact us.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/wfcm2019-c54
{
  "deal_id": "wfcm2019-c54",
  "issuer": "",
  "shelf": "WF",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "Argentic Securities Holdings Cayman Limited or an affiliate"
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Trustee",
    "name": "Wilmington Trust, National Association"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Depositor",
    "name": "Wells Fargo Commercial Mortgage Securities, Inc."
  },
  {
    "role": "Special Servicer",
    "name": "Argentic Services Company LP"
  }
]
}


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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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