| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-257991-12 | ||
From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI) At: 08/12/24 10:42:01 UTC-4:00
Subject: WFCM 2024-C63 - PUBLIC NEW ISSUE **IPTs**
WFCM 2024-C63 - PUBLIC NEW ISSUE **IPTs**
$652.381MM FIXED-RATE CMBS OFFERING
Co-Lead Managers & Bookrunners: Wells Fargo Securities, Goldman Sachs & Co. LLC,
J.P. Morgan and Société Générale Co-Managers: Academy Securities, Drexel Hamilton and Siebert Williams Shank
Publicly Offered Certificates
| Expected Ratings | Available | WAL | Principal | UW NOI | ||||
| Class | (Fitch/KBRA/Moody's) | Size ($MM) | CE% | (YRS) | Window | DY% | LTV% | IPTs(J+) |
| A-1 | AAAsf/AAA(sf)/Aaa(sf) | $9.171 | 30.000% | 2.68 | 1–60 | 24.9% | 32.0% | +95A |
| A-3 | AAAsf/AAA(sf)/Aaa(sf) | $62.627 | 30.000% | 6.88 | 83-83 | 24.9% | 32.0% | +135A |
| A-SB | AAAsf/AAA(sf)/Aaa(sf) | $15.028 | 30.000% | 7.51 | 60-118 | 24.9% | 32.0% | LCF-5 |
| A-4* | AAAsf/AAA(sf)/Aaa(sf) | $[144.525] | 30.000% | [9.81] | [118-119] | 24.9% | 32.0% | LCF-2 |
| A-5* | AAAsf/AAA(sf)/Aaa(sf) | $[250.180] | 30.000% | [9.88] | [119-120] | 24.9% | 32.0% | +106A |
| A-S | AAAsf/AAA(sf)/Aa1(sf) | $98.026 | 15.750% | 9.96 | 120–120 | 20.7% | 38.5% | +150A |
| B | AA-sf/AA-(sf)/NR | $30.955 | 11.250% | 9.96 | 120–120 | 19.6% | 40.6% | +195A |
| C | A-sf/A-(sf)/NR | $18.058 | 8.625% | 9.96 | 120–120 | 19.1% | 41.8% | +235A |
*Sizes and WAL’s are subject to change as detailed in the attached Term Sheet
Please note there is protection in the A-1, A-3, A-5, A-S, B, and C Classes Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-257991) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. - 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.