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3650R 2021-PF1 Commercial Mortgage Trust – ‘10-D’ for 9/16/22 – ‘EX-103’

On:  Tuesday, 9/27/22, at 12:47pm ET   ·   For:  9/16/22   ·   Accession #:  1888524-22-11516   ·   File #:  333-255181-01

Previous ‘10-D’:  ‘10-D’ on 8/29/22 for 8/17/22   ·   Next:  ‘10-D’ on 10/28/22 for 10/17/22   ·   Latest:  ‘10-D’ on 4/29/24 for 4/17/24

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/27/22  3650R 2021-PF1 Com’l Mtge Trust   10-D        9/16/22    4:1.5M                                   Computershare… NA/CCT/FA

Asset-Backed Securities (ABS)

Asset Class:  Commercial mortgages   ·   Sponsor:  3650 Real Estate Investment Trust 2 LLC   ·   Depositor:  3650 REIT Commercial Mortgage Securities II LLC


Distribution Report by an Issuer of Asset-Backed Securities   —   Form 10-D   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-D        Distribution Report by an Issuer of Asset-Backed    HTML     48K 
                Securities                                                       
 3: EX-102.ABS-CMBS  Asset Data - Commercial Mortgages --           HTML    251K 
                exh_102.xml                                                      
 4: EX-103      Asset Data-Related Info -- exh_103.xml              HTML     21K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML   1.27M 


‘EX-103’   —   Asset Data-Related Info — exh_103.xml




        

This ‘EX-103’ Exhibit is an XML Data File that may be rendered in various formats:

  Exhibit 103    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
SEC Info rendering:  Asset Data-Related Info
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Comments
 
Comment Data:
Item Number
Field Name
Comment
Comment Data:
Item Number:  Item 2(c)(1)
Field Name:  Originator Name
Comment:  In the case of mortgage loans that are part of a whole loan, the entire whole loan may have been co-originated with one or more other originators.
Comment Data:
Item Number:  Item 2(c)(4)
Field Name:  Original Loan Term Number
Comment:  For the anticipated repayment date mortgage loans (Asset Number 1, Asset Number 4 and Asset Number 20): the original loan term number represents the term of the mortgage loan through the anticipated repayment date, rather than the actual Maturity Date.
Comment Data:
Item Number:  Item 2(c)(5)
Field Name:  Maturity Date
Comment:  For the anticipated repayment date mortgage loans (Asset Number 1, Asset Number 4 and Asset Number 20): the Maturity Date represents the final maturity date of the mortgage loan.
Comment Data:
Item Number:  Item 2(c)(7)
Field Name:  Original Interest Rate Percentage
Comment:  The mortgage loan identified as One SoHo Square (Asset Number 3) has an interest rate of 2.72466879%.
Comment Data:
Item Number:  Item 2(c)(8)
Field Name:  Interest Rate Securitization Percentage
Comment:  The mortgage loan identified as One SoHo Square (Asset Number 3) has an interest rate of 2.72466879%.
Comment Data:
Item Number:  Item 2(c)(15)
Field Name:  Loan Structure Code
Comment:  For the mortgage loan identified as CX - 350 & 450 Water Street (Asset Number 1), the mortgage loan is evidenced by three senior pari-passu notes that are part of a whole loan that consists of 17 other senior pari-passu notes and four subordinate notes. The 17 other senior pari-passu notes and four subordinate notes are not included in the trust. For the mortgage loan identified as 520 Almanor (Asset Number 4), the mortgage loan is evidenced by one senior pari-passu note that is part of a whole loan that consists of one other senior pari-passu note. The one other senior pari-passu note is not included in the trust. For the mortgage loan identified as Plaza La Cienega (Asset Number 5), the mortgage loan is evidenced by one pari-passu note that is part of a whole loan that consists of two other pari-passu notes. The two other pari-passu notes are not included in the trust. For the mortgage loan identified as Huntsville Office Portfolio (Asset Number 6), the mortgage loan is evidenced by four pari-passu notes that are part of a whole loan that consists of two other pari-passu notes. The two other pari-passu notes are not included in the trust. For the mortgage loan identified as The Westchester (Asset Number 8), the mortgage loan is evidenced by two senior pari-passu notes that are part of a whole loan that consists of four other senior pari-passu notes and one subordinate note. The four other senior pari-passu notes and one subordinate note are not included in the trust. For the mortgage loan identified as Patewood Corporate Center (Asset Number 10), the mortgage loan is evidenced by one pari-passu note that is part of a whole loan that consists of one other pari-passu note. The one other pari-passu note is not included in the trust. For the mortgage loan identified as 2 Washington (Asset Number 14), the mortgage loan is evidenced by two pari-passu notes that are part of a whole loan that consists of three other pari-passu notes. The three other pari-passu notes are not included in the trust. For the mortgage loan identified as One SoHo Square (Asset Number 15), the mortgage loan is evidenced by two senior pari-passu notes that are part of a whole loan that consists of eighteen other senior pari-passu notes and three subordinate notes. The eighteen other senior pari-passu notes and three subordinate notes are not included in the trust. For the mortgage loan identified as Icon One Daytona (Asset Number 16), the mortgage loan is evidenced by one pari-passu note that is part of a whole loan that consists of one other pari-passu note. The one other pari-passu note is not included in the trust. For the mortgage loan identified as PetSmart HQ (Asset Number 17), the mortgage loan is evidenced by one pari-passu note that is part of a whole loan that consists of two other pari-passu notes. The two other pari-passu notes are not included in the trust. For the mortgage loan identified as Centene (Asset Number 24), the mortgage loan is evidenced by one pari-passu notes that is part of a whole loan that consists of two other pari-passu notes. The two other pari-passu notes are not included in the trust.
Comment Data:
Item Number:  Item 2(c)(16)
Field Name:  Payment Type Code
Comment:  The mortgage loan identified as CX - 350 & 450 Water Street (Asset Number 1) has an anticipated repayment date followed by a final maturity date, and has an original interest only period of 120 months. The mortgage loan identified as 520 Almanor (Asset Number 4) has an anticipated repayment date followed by a final maturity date, and has an original interest only period of 120 months. The mortgage loan identified as Cabelas (Asset Number 20) has an anticipated repayment date followed by a final maturity date, and has an original interest only period of 120 months.
Comment Data:
Item Number:  Item 2(c)(18)
Field Name:  Scheduled Principal Balance Securitization Amount
Comment:  With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the Cut-off Date, assuming that any payment due on the Cut-off Date is made, and that no voluntary principal prepayments or casualty or condemnation proceeds are received.
Comment Data:
Item Number:  Item 2(c)(26)
Field Name:  Negative Amortization Indicator
Comment:  For the anticipated repayment date mortgage loans: each anticipated repayment date mortgage loan (Asset Number 1, Asset Number 4, and Asset Number 20) provides that, after the related anticipated repayment date, if the related borrower has not prepaid such mortgage loan in full, then (among other things) any principal outstanding on that date will accrue interest at an increased interest rate rather than the original interest rate.
Comment Data:
Item Number:  Item 2(d)(1)
Field Name:  Property Name
Comment:  For mortgage loans that are part of a whole loan, the related mortgaged property secures the entire whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(8)
Field Name:  Net Rentable Square Feet Number
Comment:  For property types where the standard unit of measure is not square feet, this field is left blank. For mortgage loans that are part of a whole loan, net rentable square feet is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(9)
Field Name:  Net Rentable Square Feet at Securitization
Comment:  For property types where the standard unit of measure is not square feet, this field is left blank. For mortgage loans that are part of a whole loan, net rentable square feet at securitization is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(10)
Field Name:  Number of Units/ Beds/Rooms
Comment:  For mortgage loans that are part of a whole loan, the number of units/beds/rooms relates to the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(11)
Field Name:  Number of Units/Beds/Rooms at Securitization
Comment:  For mortgage loans that are part of a whole loan, the number of units/beds/rooms at securitization relates to the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(14)
Field Name:  Valuation Amount at Securitization
Comment:  For mortgage loans that are part of a whole loan, the valuation amount at securitization relates to the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(17)
Field Name:  Most Recent Value
Comment:  For mortgage loans that are part of a whole loan, the most recent value relates to the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(20)
Field Name:  Physical Occupancy at Securitization
Comment:  The percentage of rentable space is determined based on the applicable unit of measurement provided in 2(d)(9) or 2(d)(11).
Comment Data:
Item Number:  Item 2(d)(21)
Field Name:  Most Recent Physical Occupancy
Comment:  The percentage of rentable space is determined based on the applicable unit of measurement provided in 2(d)(8) or 2(d)(10).
Comment Data:
Item Number:  Item 2(d)(25)(i)
Field Name:  Second Largest Tenant
Comment:  For the mortgaged property identified as Venice Crossroads (Asset Number 7), the second largest tenant subleases 7,213 SF to Exer Urgent Care, expiring on July 31, 2028.
Comment Data:
Item Number:  Item 2(d)(28)(iv)
Field Name:  Revenue at Securitization
Comment:  For mortgage loans that are part of a whole loan, the revenue at securitization is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(v)
Field Name:  Most Recent Revenue
Comment:  For mortgage loans that are part of a whole loan, the most recent revenue is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(vi)
Field Name:  Operating Expenses at Securitization
Comment:  For mortgage loans that are part of a whole loan, the total underwritten operating expenses at securitization are presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(vii)
Field Name:  Operating Expenses
Comment:  For mortgage loans that are part of a whole loan, the operating expenses are presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(viii)
Field Name:  Net Operating Income at Securitization
Comment:  For mortgage loans that are part of a whole loan, the net operating income at securitization is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(ix)
Field Name:  Most Recent Net Operating Income
Comment:  For mortgage loans that are part of a whole loan, the most recent net operating income is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(x)
Field Name:  Net Cash Flow at Securitization
Comment:  For mortgage loans that are part of a whole loan, the net cash flow at securitization is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(xi)
Field Name:  Most Recent Net Cash Flow
Comment:  For mortgage loans that are part of a whole loan, the most recent net cash flow is presented for the entire mortgaged property that secures the whole whole loan, including one or more companion loans not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(xiv)
Field Name:  Most Recent Debt Service Amount
Comment:  For mortgage loans that are part of a whole loan, the most recent debt service amount presented is for all the loans comprising the whole loan, which includes one or more pari passu and/or subordinate companion loans that are not included in the trust.
Comment Data:
Item Number:  Item 2(d)(28)(xv)
Field Name:  Debt Service Coverage Ratio (Net Operating Income) at Securitization
Comment:  For mortgage loans that are part of a whole loan, the net operating income debt service coverage ratio at securitization is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans.
Comment Data:
Item Number:  Item 2(d)(28)(xvi)
Field Name:  Most Recent Debt Service Coverage Ratio (Net Operating Income)
Comment:  For mortgage loans that are part of a whole loan, the net operating income debt service coverage ratio is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans.
Comment Data:
Item Number:  Item 2(d)(28)(xvii)
Field Name:  Debt Service Coverage Ratio (Net Cash Flow) at Securitization
Comment:  For mortgage loans that are part of a whole loan, the net cash flow debt service coverage ratio at securitization is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans.
Comment Data:
Item Number:  Item 2(d)(28)(xviii)
Field Name:  Most Recent Debt Service Coverage Ratio (Net Cash Flow)
Comment:  For mortgage loans that are part of a whole loan, the net cash flow debt service coverage ratio is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans.
Comment Data:
Item Number:  Item 2(e)(3)
Field Name:  Report Period Beginning Scheduled Loan Balance Amount
Comment:  With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the mortgage loan payment due date in November 2021 (or for mortgage loans having an initial payment due date subsequent to November 2021, the principal balance as of the mortgage loan origination date).
Comment Data:
Item Number:  Item 2(e)(5)
Field Name:  Report Period Interest Rate Percentage
Comment:  The mortgage loan identified as One SoHo Square (Asset Number 3) has an interest rate of 2.72466879%.
Comment Data:
Item Number:  Item 2(e)(6)
Field Name:  Servicer and Trustee Fee Rate
Comment:  It should be noted that the rate presented consists of (i) the master servicing fee rate, which includes any primary servicing fee rate payable to an outside servicer (for a whole loan) or other primary servicer, and any subservicing fee rate, (ii) the certificate administrator / trustee fee rate payable to the certificate administrator and the trustee, (iii) the operating advisor fee rate, and (iv) the CREFC(R) intellectual property royalty license fee rate.
Comment Data:
Item Number:  Item 2(e)(12)
Field Name:  Report Period End Actual Balance Amount
Comment:  With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the Cut-off Date, assuming that any payment due on the Cut-off Date is made, and that no voluntary principal prepayments or casualty or condemnation proceeds are received.
Comment Data:
Item Number:  Item 2(e)(13)
Field Name:  Report Period End Scheduled Balance Amount
Comment:  With respect to each mortgage loan, the principal balance shown reflects the principal balance as of the Cut-off Date, assuming that any payment due on the Cut-off Date is made, and that no voluntary principal prepayments or casualty or condemnation proceeds are received.
Comment Data:
Item Number:  Item 2(f)(1)
Field Name:  Primary Servicer Name
Comment:  The primary servicer names have been truncated due to EDGAR constraints. The full name for Midland Loan Services is Midland Loan Services, a Division of PNC Bank, National Association.


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Filing Submission 0001888524-22-011516   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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