WFCM 2019-C54 - Charts and Resources
Data discoverability for CMBS deal WFCM 2019-C54 updated as of 2025-07-30.
2025-07-30
Deal Overview
Wells Fargo Commercial Mortgage Trust 2019-C54's issuance is a U.S. CMBS transaction issued from the WF shelf and backed by 46 commercial mortgage loans with an aggregate principal balance of 669.7 million at issuance, secured by the fee and leasehold interests in 105 properties across 30 U.S. states.CIK
1791239
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassArgentic Securities Holdings Cayman Limited or an affiliate
TrusteeWilmington Trust, National Association
Certificate AdministratorComputershare Trust Company, N.A.
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Master ServicerWells Fargo Bank, National Association
Master ServicerTrimont Real Estate Advisors
Certificate AdministratorWells Fargo Bank, N.A.
Special ServicerArgentic Services Company LP
Operating AdvisorPark Bridge Lender Services
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
$621,738,252Number of Loans
46Number of Properties
105Average Loan Size
$14,564,636Portfolio Characteristics
Weighted Average Interest Rate
3.9%Weighted Average Term
117 monthsOriginal Valuation
$3,035,545,000Current Valuation
$2,920,780,000Key Dates
Origination Date
10/25/2019Latest Valuation
5/5/2025Latest Transfer
5/21/2025Latest Return
3/6/2025Latest Modification
12/20/2024Special Servicing Status
Loans in Special Servicing
2Special Servicing Balance
$47,100,000Loans Returned to Master
2Balance Returned
$37,500,000Avg Time in Special Servicing
114 daysAvg Time to Return
355 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
$79,722,541Deal 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-C54 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.* 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.
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-C54, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-07-30
North & Sheffield
Jeffrey J. Feil
Prospectus ID: 12
The Sponsor has formally requested Lender consent for a significant rent reduction for a major tenant. If approved, the reduction would materially impair property-level NOI and result in cash flow falling well below monthly debt service obligations . The Special Servicer is actively pursuing the appointment of a receiver, with execution of the receivership order anticipated in the near term.
💬 Servicer Commentary
2025-07-30
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. SS is
💬 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.
* 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.
* 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.
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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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