other material
confidence high
sentiment neutral
materiality 0.30
Wells Fargo CMBS trust pays $21M late principal to Class B holders after Southern Palms loan payoff
Wells Fargo Commercial Mortgage Trust 2015-NXS1
- Southern Palms Mortgage Loan (Loan 12) paid off late, triggering additional distribution.
- Class B Certificateholders received $21,059,100.42 in principal on May 8, 2025.
- Initial distribution on April 17, 2025 was short; Master Servicer notified on May 7, 2025.
- Event reported under Item 6.04 for failure to make a required distribution.