Tue, Mar 11, 2:54 PM (47 days ago)
**Wells Fargo Commercial Mortgage Trust 2013-LC12 (WFCM)** **Financial Performance:** - The filing does not provide specific financial metrics such as revenue, net income, or earnings per share. **Strategic Overview:** - The trust focuses on commercial mortgage loans, with key assets including the Carolina Place Mortgage Loan and the White Marsh Mall Mortgage Loan. - Servicing and administration are handled under the Pooling and Servicing Agreement, with Wells Fargo Bank, National Association as the master servicer and Rialto Capital Advisors, LLC as the special servicer. **Future Outlook:** - The trust's future outlook is not explicitly detailed in the provided text. **Risk Factors:** - Legal proceedings involving U.S. Bank Trust Company and Wells Fargo Bank, National Association, as trustee or certificate administrator, pose potential risks. - Litigations related to RMBS trusts and student loans could impact the trustee's operations and the RMBS trusts. **Financial Condition:** - The trust's financial condition is not explicitly detailed in the provided text. **Market Position Changes:** - The trust's market position changes are not explicitly detailed in the provided text. **Key Changes:** - The Cumberland Mall Mortgage Loan and the 100 & 150 South Wacker Drive Mortgage Loan, previously assets of the issuing entity, are no longer part of the trust and are omitted from this report. - The White Marsh Mall Mortgage Loan, part of a loan combination securitized in the WFRBS 2013-C14 Transaction, is now a key asset. **Impact:** - The omission of certain mortgage loans and the inclusion of new ones may affect the trust's asset composition and risk profile.