Wells Fargo Commercial Mortgage Trust 2025-5C7 8-K

What Happened

• Wells Fargo Commercial Mortgage Securities, Inc. filed an 8-K (dated Dec 29, 2025) reporting that, on Dec 18, 2025, it caused the issuance of Wells Fargo Commercial Mortgage Trust 2025-5C7 Commercial Mortgage Pass-Through Certificates, Series 2025-5C7, and formed the Issuing Entity (a New York common law trust) pursuant to a Pooling and Servicing Agreement dated and effective Dec 1, 2025. The Certificates represent the entire beneficial ownership of the Issuing Entity.

Key Details

• Issuance and formation dates: Certificates issued and trust formed on Dec 18, 2025; 8-K filed Dec 29, 2025.
• Trust assets: 25 fixed-rate mortgage loans plus subordinate interests in two commercial mortgage loans secured by first liens on 265 properties.
• Servicing arrangements: Midland Loan Services (a Division of PNC Bank, N.A.) named master servicer and special servicer; Computershare Trust Company, N.A. named certificate administrator and trustee; other named parties include CWCapital, KeyBank, BellOak.
• Special loan note: The loan identified as “CFS Industrial HQ Mortgage Loan” is part of a whole loan that includes two pari passu notes not held by this trust. That whole loan was serviced under a different PSA (dated Oct 1, 2025) prior to Dec 23, 2025 and, as of Dec 23, 2025, is being serviced under the Benchmark 2025‑V19 Pooling and Servicing Agreement (PSA dated Dec 1, 2025) — the Benchmark PSA is attached as Exhibit 4.1.

Why It Matters

• This 8-K notifies investors that a new commercial mortgage‑backed securities (CMBS) issuance has been completed and describes the trust’s composition and servicing structure. Investors in these certificates should note the mix of 25 fixed‑rate loans and subordinate interests, the named servicers/trustee, and that one material loan (CFS Industrial HQ) is part of a whole loan with companion notes outside the trust and is serviced under a separate but substantially similar PSA. Differences in servicing arrangements or loan ownership structure can affect cash flows and credit risk for certificateholders; the filing points investors to the prospectus disclosures (SEC File No. 333-282099-09) and the attached Benchmark PSA for further detail.