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
🏢 Entities
10
📈 Metrics
34
📊 Charts
15
💰 Fund Holdings
12
📄 Documents
6
💬 Analysis & Commentary
3
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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
$669,973,250
Current Trust Amount
$619,180,046
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
2.22x
Original Valuation
$3,035,545,000
Current Valuation
$2,853,430,000

Key Dates

Origination Date
10/25/2019
Latest Valuation
5/5/2025
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
288 days
Avg Time to Return
292 days

Valuation Changes

Updated Valuations
1
Total Updated Value
$33,500,000
Value Change Amount
-$6,100,000
Value Change Percentage
-15.4%

Modifications

Number of Modifications
4
Modified Balance
$79,373,471

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - WFCM 2019-C54 - All States
2026-03-02

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-02-26
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
JNL/DoubleLine Total Return Fund2020-05-28Search FIGILookup LEIA-4, X-A$6,861,3582020-12-31
DoubleLine Total Return Bond Fund2026-02-26Search FIGILookup LEIX-D, X-A$3,874,3202026-03-31
American Balanced Fund2026-02-26Search FIGILookup LEIA-4$3,833,3752025-12-31
Bond Fund of America2026-02-26Search FIGILookup LEIA-4$3,728,1682025-12-31
Income Fund of America2025-12-29Search FIGILookup LEIA-4$2,289,1582026-07-31
American Funds Strategic Bond Fund2026-02-26Search FIGILookup LEIC$2,237,8002025-12-31
American Funds Multi-Sector Income Fund2026-02-26Search FIGILookup LEIC$1,732,0572025-12-31
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 ETF2025-12-23Search FIGILookup LEIA-4$237,7682025-10-31
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
A-4, X-ASearch FIGI
Lookup LEI
DoubleLine Total Return Bond Fund
$3,874,320
2026-03-31
X-D, X-ASearch FIGI
Lookup LEI
American Balanced Fund
$3,833,375
2025-12-31
A-4Search FIGI
Lookup LEI
Bond Fund of America
$3,728,168
2025-12-31
A-4Search FIGI
Lookup LEI
Income Fund of America
$2,289,158
2026-07-31
A-4Search FIGI
Lookup LEI
American Funds Strategic Bond Fund
$2,237,800
2025-12-31
CSearch FIGI
Lookup LEI
American Funds Multi-Sector Income Fund
$1,732,057
2025-12-31
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
$237,768
2025-10-31
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.
2026-03-02
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
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 →
2019-10-31
Annex A
Document filing with updated information.
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.
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💬 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.
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": "",
  "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"
  }
]
}


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

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