WFCM 2019-C54
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated March 2, 2026.2026-03-02
Coverage: —Freshness: —Latency: —Last schema change: —
Quick Answer
What is WFCM 2019-C54? A US commercial mortgage-backed security ($670.0M; 44 loans; 105 properties).
Identifiers: 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.
Machine-readable data: https://dealcharts.org/llm/facts/wfcm2019-c54.json · API docs
📋 Quick Links
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassArgentic Securities Holdings Cayman Limited or an affiliate
Certificate AdministratorWells Fargo Bank, N.A.
Master ServicerWells Fargo Bank, National Association
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerTrimont Real Estate Advisors
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Special ServicerArgentic Services Company LP
Operating AdvisorPark Bridge Lender Services
TrusteeWilmington Trust, National Association
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$669,973,250Current Trust Amount
$619,180,046Number of Loans
44Number of Properties
105Average Loan Size
$14,564,636Portfolio Characteristics
Weighted Average Interest Rate
3.9%Weighted Average Term
117 monthsWA DSCR (NCF) at Issuance
2.27xWA DSCR (NCF) Current
2.22xOriginal Valuation
$3,035,545,000Current Valuation
$2,853,430,000Key Dates
Origination Date
10/25/2019Latest Valuation
5/5/2025Latest Transfer
5/21/2025Latest Return
11/6/2025Latest Modification
12/20/2024Special Servicing Status
Loans in Special Servicing
1Special Servicing Balance
$19,500,000Loans Returned to Master
3Balance Returned
$65,100,000Avg Time in Special Servicing
288 daysAvg Time to Return
292 daysValuation Changes
Updated Valuations
1Total Updated Value
$33,500,000Value Change Amount
-$6,100,000Value Change Percentage
-15.4%Modifications
Number of Modifications
4Modified Balance
$79,373,471Deal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2026-02-26| Fund Name | Tranches | Ids |
|---|---|---|
| JNL/DoubleLine Total Return Fund $6,861,358 2020-12-31 | A-4, X-A | Search FIGI Lookup LEI |
| DoubleLine Total Return Bond Fund $3,874,320 2026-03-31 | X-D, X-A | Search FIGI Lookup LEI |
| American Balanced Fund $3,833,375 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| Bond Fund of America $3,728,168 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| Income Fund of America $2,289,158 2026-07-31 | A-4 | Search FIGI Lookup LEI |
| American Funds Strategic Bond Fund $2,237,800 2025-12-31 | C | Search FIGI Lookup LEI |
| American Funds Multi-Sector Income Fund $1,732,057 2025-12-31 | C | Search FIGI Lookup LEI |
| T. Rowe Price Spectrum Income Fund $1,318,908 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| KP Fixed Income Fund $1,256,009 2020-12-31 | A-4 | Search FIGI Lookup LEI |
| The Bond Fund of America $974,603 2025-12-31 | A-4 | Search FIGI Lookup LEI |
| Columbia Short Duration Bond ETF $237,768 2025-10-31 | A-4 | Search FIGI Lookup LEI |
| Core Fixed Income Fund $166,935 2025-08-31 | A-4 | Search 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.
* 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
2026-03-02
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.
💬 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
💬 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.
External Analysis
No external analysis linked yet. Contact us to publish and link your research.Have a source-backed note on this deal? Contact us.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/wfcm2019-c54
{
"deal_id": "wfcm2019-c54",
"issuer": "",
"shelf": "",
"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": "Certificate Administrator",
"name": "Wells Fargo Bank, N.A."
},
{
"role": "Master Servicer",
"name": "Wells Fargo Bank, National Association"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"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"
},
{
"role": "Operating Advisor",
"name": "Park Bridge Lender Services"
},
{
"role": "Trustee",
"name": "Wilmington Trust, National Association"
}
]
}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.
Paid

CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
Paid
Free to Explore
Dealcharts remains free to explore for everyone.