8-KAccepted Sep 22, 3:05 PM ET
Wells Fargo Commercial Mortgage Trust 2013-LC12 Reports Distribution Adjustments
Accepted (ET)
3:05 PM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
1
Size
17.4 KB
Summary
Wells Fargo Commercial Mortgage Trust 2013-LC12 Reports Distribution Adjustments
What Happened
- The trust filed an 8-K on September 22, 2026 reporting that the Certificate Administrator made distributions on August 17, 2026 and September 17, 2026, then was notified on September 18, 2026 by the Master Servicer of payment revisions.
- The revisions resulted from a curtailment payment of $2,429,797.86 on the White Marsh Mall Mortgage Loan (Loan No. 5). That curtailment was applied to the August 17, 2026 distribution and created an additional principal payment of $2,429,797.86 to Class C certificateholders, which was paid on September 21, 2026.
- Applying the curtailment to the August distribution also produced adjustments to the September 17, 2026 distribution: an additional principal payment of $7,653.73 to Class C; an overpayment of interest of $7,765.76 to Class C; additional interest of $99.20 to Class D; and additional interest of $62.84 to Class X‑B. These September adjustments are expected to be made on or before the next distribution date.
Key Details
- Filing date: September 22, 2026 (8-K, Item 6.04).
- Curtailment amount: $2,429,797.86 on White Marsh Mall Mortgage Loan (Loan No. 5).
- Paid to Class C on Sep 21, 2026: $2,429,797.86 principal (for Aug 17 distribution).
- September 17, 2026 adjustments expected: Class C principal $7,653.73; Class C interest overpayment $7,765.76; Class D interest $99.20; Class X‑B interest $62.84.
Why It Matters
- These revisions change the timing and amounts of distributions for specific certificate classes (primarily Class C, and small interest adjustments to Class D and X‑B). Investors holding those classes should expect corrected payments and check upcoming statements.
- The filing is a procedural disclosure of payment corrections resulting from a loan curtailment; it does not state any other changes to the trust’s terms or overall credit structure.