Liquidation: Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32

Add to your watchlist
Back to List of Bankruptcies and Liquidations

Form Type: 8-K

Filing Date: 2025-04-17

Corporate Action: Liquidation

Type: Update

Accession Number: 000188852425006758

Filing Summary: On April 14, 2025, the Certificate Administrator executed distributions to the Certificateholders for the March 17, 2025 Distribution Date. The Master Servicer notified the Certificate Administrator of funds received from the liquidation of the Michigan Rite Aid Portfolio Mortgage Loan, resulting in significant additional principal and interest payments to various Certificateholders. Specifically, Class A-SB Certificateholders received an additional principal payment of $1,786,937.09 and a prepayment penalty of $19,205.19. Class G Certificateholders received $14,562.50 in additional interest, while Class X-A Certificateholders received an additional payment of $8,886.63 in prepayment penalties. These payments are expected to be disbursed by the next distribution date.

Additional details:

Loan Number: 52


Additional Principal Payment Class A Sb: 1786937.09


Additional Prepayment Penalty Class A Sb: 19205.19


Additional Interest Payment Class G: 14562.50


Additional Prepayment Penalty Class X A: 8886.63


Comments

No comments yet. Be the first to comment!