Tue, Mar 11, 7:47 PM (49 days ago)
**WFRBS Commercial Mortgage Trust 2014-LC14 (WFRBS)** **Financial Performance:** - **Revenue, Net Income, Operating Expenses, Earnings Per Share:** Not explicitly stated in the provided text. **Strategic Overview:** - The trust involves a pooling and servicing agreement for mortgage loans, with various entities playing roles such as master servicer, special servicer, trustee, and certificate administrator. - The PennCap Portfolio Mortgage Loan, constituting approximately 7.2% of the asset pool, is part of a loan combination serviced under the Pooling and Servicing Agreement. - The AmericasMart Mortgage Loan, previously an asset, is no longer part of the trust. **Future Outlook:** - The trust's future outlook is not explicitly detailed in the provided text. **Risk Factors:** - Legal proceedings involving trustees, including Deutsche Bank Trust Company Americas and Wells Fargo Bank, National Association, are ongoing but are not expected to materially affect their duties. - A payment error occurred in January 2024, resulting in an underpayment of $426,241 to class G and overpayments to other classes, which was corrected in March 2024. **Financial Condition:** - The trust's financial condition is not explicitly detailed in the provided text. **Market Position Changes:** - No significant changes in market position are explicitly mentioned. **Key Entities:** - **Depositor:** Wells Fargo Commercial Mortgage Securities, Inc. - **Master Servicer:** Wells Fargo Bank, National Association - **Special Servicer:** Rialto Capital Advisors, LLC (formerly Rialto Mortgage Finance, LLC) - **Trustee:** Deutsche Bank Trust Company Americas - **Certificate Administrator and Custodian:** Wells Fargo Bank, National Association - **Trust Advisor:** BellOak, LLC (formerly TriMont Real Estate Advisors, Inc.) - **Servicing Function Participant:** CoreLogic Solutions, LLC and Computershare Trust Company, National Association **Ticker:** Not explicitly stated in the provided text.