FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-207340-12 | ||
UBS Commercial Mortgage Trust 2018-C11 Disclaimer
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-207340) 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 1-877-713-1030 (8 a.m. – 5 p.m. EST).
Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuanceNone of UBS Securities LLC, SG Americas Securities, LLC, Natixis Securities Americas LLC, KeyBanc Capital Markets Inc., Cantor Fitzgerald & Co., Academy Securities, Inc. and Drexel Hamilton, LLC, or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES
The information herein is preliminary and may be supplemented or amended prior to the time of sale. In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.
The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.
The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
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ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | ||||||||||||||
Mortgage Loan Number | Property Flag | Property Name | Mortgage Loan Originator | Mortgage Loan Seller(1) | Cross-Collateralized and Cross-Defaulted | Address | City | County | State | Zip Code | General Property Type(8) | Specific Property Type(8) | Number of Properties | Year Built |
1 | Loan | 20 Times Square | Natixis | Natixis | No | 20 Times Square | New York | New York | NY | 10036 | Other | Leased Fee | 1 | N/A |
2 | Loan | Riverfront Plaza | Natixis | UBS AG; Natixis | No | 901-951 East Byrd Street | Richmond | Richmond | VA | 23219 | Office | CBD | 1 | 1990 |
3 | Loan | Torrance Technology Campus | AREF | AREF | No | 3100 Lomita Boulevard | Torrance | Los Angeles | CA | 90505 | Office | R&D | 1 | 1966-1998 |
4 | Loan | 5th Street Station | UBS AG | UBS AG | No | 5th Street Station Parkway | Charlottesville | Albermarle | VA | 22902 | Retail | Anchored | 1 | 2016 |
5 | Loan | Orlando Airport Marriott Lakeside | AREF | AREF | No | 7499 Augusta National Drive | Orlando | Orange | FL | 32822 | Hospitality | Full Service | 1 | 1983 |
6 | Loan | Travelers Tower I | SG | SG | No | 26555 Evergreen Road | Southfield | Oakland | MI | 48076 | Office | Suburban | 1 | 1972 |
7 | Loan | Vista Station 8 | AREF | AREF | No | 12832 South Frontrunner Boulevard | Draper | Salt Lake | UT | 84020 | Office | Suburban | 1 | 2016 |
8 | Loan | AFIN Portfolio | SG; UBS AG | SG; UBS AG | No | Various | Various | Various | Various | Various | Retail | Anchored | 12 | Various |
8.01 | Property | Montecito Crossing | SG; UBS AG | SG; UBS AG | No | 6610-6750 North Durango Drive | Las Vegas | Clark | NV | 89149 | Retail | Anchored | 1 | 2005 |
8.02 | Property | Jefferson Commons | SG; UBS AG | SG; UBS AG | No | 4901 Outer Loop | Louisville | Jefferson | KY | 40219 | Retail | Anchored | 1 | 2014 |
8.03 | Property | Best on the Boulevard | SG; UBS AG | SG; UBS AG | No | 3810-3910 South Maryland Parkway | Las Vegas | Clark | NV | 89119 | Retail | Anchored | 1 | 1996 |
8.04 | Property | Northpark Center | SG; UBS AG | SG; UBS AG | No | 8221-8301 Old Troy Pike | Huber Heights | Montgomery | OH | 45424 | Retail | Anchored | 1 | 1994 |
8.05 | Property | Anderson Station | SG; UBS AG | SG; UBS AG | No | 100 Station Drive | Anderson | Anderson | SC | 29621 | Retail | Anchored | 1 | 2001 |
8.06 | Property | Cross Pointe Center | SG; UBS AG | SG; UBS AG | No | 5075 Morganton Road | Fayetteville | Cumberland | NC | 28314 | Retail | Anchored | 1 | 1986, 2004, 2007 |
8.07 | Property | San Pedro Crossing | SG; UBS AG | SG; UBS AG | No | 303-333 Northwest Loop 410 | San Antonio | Bexar | TX | 78216 | Retail | Anchored | 1 | 1995-1999 |
8.08 | Property | Riverbend Marketplace | SG; UBS AG | SG; UBS AG | No | 129 Bleachery Boulevard | Asheville | Buncombe | NC | 28803 | Retail | Anchored | 1 | 2004 |
8.09 | Property | Shops at RiverGate South | SG; UBS AG | SG; UBS AG | No | 13540 Hoover Creek Boulevard | Charlotte | Mecklenburg | NC | 28273 | Retail | Anchored | 1 | 2014 |
8.10 | Property | Centennial Plaza | SG; UBS AG | SG; UBS AG | No | 5801 North May Avenue | Oklahoma City | Oklahoma | OK | 73112 | Retail | Anchored | 1 | 1992-1994 |
8.11 | Property | Shoppes of West Melbourne | SG; UBS AG | SG; UBS AG | No | 1501 West New Haven Avenue | West Melbourne | Brevard | FL | 32904 | Retail | Anchored | 1 | 1984 |
8.12 | Property | North Lakeland Plaza | SG; UBS AG | SG; UBS AG | No | 4241 North US Highway 98 | Lakeland | Polk | FL | 33809 | Retail | Anchored | 1 | 1986 |
9 | Loan | Commons at Southtowne I | UBS AG | UBS AG | No | 10379-10489 South State Street | Sandy | Salt Lake | UT | 84070 | Retail | Anchored | 1 | 2008 |
10 | Loan | Griffin Portfolio II | KeyBank; Bank of America, National Association | KeyBank | No | Various | Various | Various | Various | Various | Various | Various | 4 | Various |
10.01 | Property | Southern Company Services Headquarters | KeyBank; Bank of America, National Association | KeyBank | No | 3525 & 3535 Colonnade Parkway | Birmingham | Jefferson | AL | 35243 | Office | Suburban | 1 | 1988 |
10.02 | Property | Amazon.com Sortable Fulfillment Center | KeyBank; Bank of America, National Association | KeyBank | No | 11999 National Road | Pataskala | Licking | OH | 43062 | Industrial | Warehouse/Distribution | 1 | 2016 |
10.03 | Property | IGT North American Gaming & Interactive Headquarters | KeyBank; Bank of America, National Association | KeyBank | No | 6355 South Buffalo Drive | Las Vegas | Clark | NV | 89113 | Office | Suburban | 1 | 2007 |
10.04 | Property | 3M Distribution Facility | KeyBank; Bank of America, National Association | KeyBank | No | 1650 Macom Drive | DeKalb | DeKalb | IL | 60115 | Industrial | Warehouse/Distribution | 1 | 2016 |
11 | Loan | Premier Rochester Office Portfolio | UBS AG | UBS AG | No | Various | Various | Monroe | NY | Various | Office | Suburban | 8 | Various |
11.01 | Property | 290 Woodcliff Drive | UBS AG | UBS AG | No | 290 Woodcliff Drive | Fairport | Monroe | NY | 14450 | Office | Suburban | 1 | 1991 |
11.02 | Property | 255 Woodcliff Drive | UBS AG | UBS AG | No | 255 Woodcliff Drive | Fairport | Monroe | NY | 14450 | Office | Suburban | 1 | 1998 |
11.03 | Property | 370 Woodcliff Drive | UBS AG | UBS AG | No | 370 Woodcliff Drive | Fairport | Monroe | NY | 14450 | Office | Suburban | 1 | 2002 |
11.04 | Property | 375 Woodcliff Drive | UBS AG | UBS AG | No | 375 Woodcliff Drive | Fairport | Monroe | NY | 14450 | Office | Suburban | 1 | 1996 |
11.05 | Property | 295 Woodcliff Drive | UBS AG | UBS AG | No | 295 Woodcliff Drive | Fairport | Monroe | NY | 14450 | Office | Suburban | 1 | 1989 |
11.06 | Property | 345 Woodcliff Drive | UBS AG | UBS AG | No | 345 Woodcliff Drive | Fairport | Monroe | NY | 14450 | Office | Suburban | 1 | 1987 |
11.07 | Property | 1000 Pittsford Victor Rd | UBS AG | UBS AG | No | 1000 Pittsford Victor Road | Pittsford | Monroe | NY | 14534 | Office | Suburban | 1 | 1986 |
11.08 | Property | 1200 Pittsford Victor Rd | UBS AG | UBS AG | No | 1200 Pittsford Victor Road | Pittsford | Monroe | NY | 14534 | Office | Suburban | 1 | 2004 |
12 | Loan | HTI Medical Office Portfolio | KeyBank | KeyBank | No | Various | Various | Various | Various | Various | Office | Medical | 20 | Various |
12.01 | Property | Aurora Health Care Center | KeyBank | KeyBank | No | 2600 Kiley Way | Plymouth | Sheboygan | WI | 53073 | Office | Medical | 1 | 2007 |
12.02 | Property | Laguna Professional Center | KeyBank | KeyBank | No | 9390-9394 Big Horn Boulevard | Elk Grove | Sacramento | CA | 95758 | Office | Medical | 1 | 2006 |
12.03 | Property | Woodlake Office Center | KeyBank | KeyBank | No | 2090 Woodwinds Drive | Woodbury | Washington | MN | 55125 | Office | Medical | 1 | 2009 |
12.04 | Property | Northside Hospital Medical Office | KeyBank | KeyBank | No | 320 Hospital Road | Canton | Cherokee | GA | 30114 | Office | Medical | 1 | 1990 |
12.05 | Property | Arrowhead Medical Plaza II | KeyBank | KeyBank | No | 18700 North 64th Drive | Glendale | Maricopa | AZ | 85308 | Office | Medical | 1 | 1997 |
12.06 | Property | High Desert Medical Group | KeyBank | KeyBank | No | 43839 15th Street West | Lancaster | Los Angeles | CA | 93534 | Office | Medical | 1 | 1980 |
12.07 | Property | 761 Building | KeyBank | KeyBank | No | 761 45th Street | Munster | Lake | IN | 46321 | Office | Medical | 1 | 1990 |
12.08 | Property | Physicians Plaza of Roane County | KeyBank | KeyBank | No | 1855 Tanner Way | Harriman | Roane | TN | 37748 | Office | Medical | 1 | 2011 |
12.09 | Property | Mainland Medical Arts Pavilion | KeyBank | KeyBank | No | 7111 Medical Center Drive | Texas City | Galveston | TX | 77591 | Office | Medical | 1 | 2011 |
12.10 | Property | Presence Healing Arts Pavilion | KeyBank | KeyBank | No | 410 East Lincoln Highway | New Lenox | Will | IL | 60451 | Office | Medical | 1 | 2012 |
12.11 | Property | Oak Lawn Medical Center | KeyBank | KeyBank | No | 10837 South Cicero Avenue | Oak Lawn | Cook | IL | 60453 | Office | Medical | 1 | 2008 |
12.12 | Property | East Coast Square West | KeyBank | KeyBank | No | 1165 Cedar Point Boulevard | Cedar Point | Carteret | NC | 28584 | Office | Medical | 1 | 2014 |
12.13 | Property | Arrowhead Medical Plaza I | KeyBank | KeyBank | No | 6525 West Sack Drive | Glendale | Maricopa | AZ | 85308 | Office | Medical | 1 | 1992 |
12.14 | Property | Morrow Medical Center | KeyBank | KeyBank | No | 1000 Corporate Center Drive | Morrow | Clayton | GA | 30260 | Office | Medical | 1 | 1991 |
12.15 | Property | East Coast Square North | KeyBank | KeyBank | No | 4252 Arendell Street | Morehead City | Carteret | NC | 28557 | Office | Medical | 1 | 2010 |
12.16 | Property | Belmar Medical Building | KeyBank | KeyBank | No | 8015 West Alameda Avenue | Lakewood | Jefferson | CO | 80226 | Office | Medical | 1 | 1987 |
12.17 | Property | Village Center Parkway | KeyBank | KeyBank | No | 200-214 Village Center Parkway | Stockbridge | Henry | GA | 30281 | Office | Medical | 1 | 2003 |
12.18 | Property | Sassafras Medical Building | KeyBank | KeyBank | No | 1910 Sassafras Street | Erie | Erie | PA | 16502 | Office | Medical | 1 | 2003 |
12.19 | Property | Medical Center III | KeyBank | KeyBank | No | 13260 North 94th Drive | Peoria | Maricopa | AZ | 85381 | Office | Medical | 1 | 1984 |
12.20 | Property | Stockbridge Family Medical | KeyBank | KeyBank | No | 3579 Highway 138 | Stockbridge | Clayton | GA | 30281 | Office | Medical | 1 | 1993 |
13 | Loan | Throggs Neck Shopping Center | Natixis | Natixis | No | 815 Hutchinson River Parkway | Bronx | Bronx | NY | 10465 | Retail | Anchored | 1 | 2014 |
14 | Loan | Cedar Ridge | AREF | AREF | No | 850 and 950 East State Highway 114 | Southlake | Tarrant | TX | 76092 | Office | Suburban | 1 | 2005, 2007 |
15 | Loan | Melbourne Hotel Portfolio | Natixis | Natixis | No | Various | Melbourne | Brevard | FL | 32903 | Hospitality | Full Service | 2 | Various |
15.01 | Property | Hilton Melbourne Beach Oceanfront | Natixis | Natixis | No | 3003 North Highway A1A | Melbourne | Brevard | FL | 32903 | Hospitality | Full Service | 1 | 1986, 2009 |
15.02 | Property | Doubletree Suites Melbourne Beach | Natixis | Natixis | No | 1665 North Highway A1A | Melbourne | Brevard | FL | 32903 | Hospitality | Full Service | 1 | 1986 |
16 | Loan | Soho House Chicago | Natixis | Natixis | No | 113-125 North Green Street | Chicago | Cook | IL | 60607 | Other | Mixed Use | 1 | 1907 |
17 | Loan | 45-55 West 28th Street | SG | SG | No | 45-55 West 28th Street | New York | New York | NY | 10001 | Mixed Use | Office/Retail | 1 | 1912; 1920 |
18 | Loan | DoubleTree Charlotte Airport | RMF | UBS AG | No | 2600 Yorkmont Road | Charlotte | Mecklenburg | NC | 28208 | Hospitality | Full Service | 1 | 1989 |
19 | Loan | Henrietta Plaza | KeyBank | KeyBank | No | 1100 Jefferson Road | Rochester | Monroe | NY | 14623 | Retail | Anchored | 1 | 1981 |
20 | Loan | Peninsula Town Center | RAIT CMBS Conduit II, LLC | UBS AG | No | 3001 McMenamin Street | Hampton | Hampton | VA | 23666 | Retail | Shadow Anchored | 1 | 2009 |
21 | Loan | AiNET - Beltsville | AREF | AREF | No | 11700 Montogomery Road | Beltsville | Prince George's | MD | 20705 | Office | Data Center | 1 | 1978 |
22 | Loan | Merge Carmel Valley | UBS AG | UBS AG | No | 5500 Carmel Mountain Road | San Diego | San Diego | CA | 92130 | Mixed Use | Medical Office/Retail | 1 | 2017 |
23 | Loan | University Village | AREF | AREF | No | 1075-1095 Monroe Street | Albany | Alameda | CA | 94706 | Retail | Anchored | 1 | 2017 |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | AREF | AREF | No | 959 Middle Road | Bettendorf | Scott | IA | 52722 | Hospitality | Select Service | 1 | 2015 |
25 | Loan | Elms Hotel & Spa | AREF | AREF | No | 401 Regent Street | Excelsior Springs | Clay | MO | 64024 | Hospitality | Full Service | 1 | 1912 |
26 | Loan | 401 West 219th Street | SG | SG | No | 401 West 219th Street | New York | New York | NY | 10034 | Office | Urban | 1 | 1950 |
27 | Loan | Lee Harvard Shopping Center | AREF | AREF | No | 4071 Lee Road | Cleveland | Cuyahoga | OH | 44128 | Retail | Anchored | 1 | 1949 |
28 | Loan | The Guardian Portfolio | UBS AG | UBS AG | No | Various | Various | Various | TX | Various | Industrial | Warehouse | 3 | Various |
28.01 | Property | Guardian - Dallas | UBS AG | UBS AG | No | 11100 Plano Road | Dallas | Dallas | TX | 75238 | Industrial | Warehouse | 1 | 1973 |
28.02 | Property | Guardian - San Antonio | UBS AG | UBS AG | No | 3101 Aniol Road | San Antonio | Bexar | TX | 78219 | Industrial | Warehouse | 1 | 1975 |
28.03 | Property | Guardian - Lubbock | UBS AG | UBS AG | No | 1919 Avenue E | Lubbock | Lubbock | TX | 79404 | Industrial | Warehouse | 1 | 1960 |
29 | Loan | 1860 Howe Avenue | CCRE | CCRE | No | 1860 Howe Avenue | Sacramento | Sacramento | CA | 95825 | Office | Suburban | 1 | 1983 |
30 | Loan | 19951 Mariner Ave | UBS AG | UBS AG | No | 19951 Mariner Avenue | Torrance | Los Angeles | CA | 90503 | Industrial | Warehouse | 1 | 1986 |
31 | Loan | Four Points by Sheraton Louisville Airport | AREF | AREF | No | 2850 Crittenden Drive | Louisville | Jefferson | KY | 40209 | Hospitality | Full Service | 1 | 2003 |
32 | Loan | Stony Creek Marketplace | AREF | AREF | No | 17015-17055, 17065, 17070-17200, 17143-17177 Mercantile Boulevard | Noblesville | Hamilton | IN | 46060 | Retail | Anchored | 1 | 2003 |
33 | Loan | TownePlace Suites - Lombard, IL | AREF | AREF | No | 455 East 22nd Street | Lombard | DuPage | IL | 60148 | Hospitality | Extended Stay | 1 | 2001 |
34 | Loan | Mesa GSA | CCRE | CCRE | No | 6335 South Downwind Circle | Mesa | Maricopa | AZ | 85212 | Office | Suburban | 1 | 2004 |
35 | Loan | Texas Colony Plaza | UBS AG | UBS AG | No | 4811 State Highway 6 | Missouri City | Fort Bend | TX | 77459 | Retail | Anchored | 1 | 1996 |
36 | Loan | City Line Apartments | AREF | AREF | No | 155 Mytilene Drive | Newport News | Newport News | VA | 23605 | Multifamily | Garden | 1 | 1977 |
37 | Loan | Sugarman's Plaza | AREF | AREF | No | 600 Scranton Carbondale Highway | Archbald Borough | Lackawanna | PA | 18403 | Mixed Use | Warehouse/Retail | 1 | 1960 |
38 | Loan | 910 South Broadway | CCRE | CCRE | No | 908-910 South Broadway | Los Angeles | Los Angeles | CA | 90015 | Mixed Use | Office/Retail | 1 | 1914 |
39 | Loan | Vasa - Clinton | UBS AG | UBS AG | No | 2642 North 2000 West | Clinton | Davis | UT | 84105 | Retail | Single Tenant | 1 | 2018 |
40 | Loan | Highland Park 1 | AREF | AREF | No | 5609-5619 North Figueroa Street | Los Angeles | Los Angeles | CA | 90042 | Mixed Use | Retail/Office | 1 | 1921 |
41 | Loan | Mesa Commons | SG | SG | No | 10603 East Apache Trail | Apache Junction | Maricopa | AZ | 85120 | Retail | Shadow Anchored | 1 | 1991 |
42 | Loan | 137 N Virgil Avenue | UBS AG | UBS AG | No | 137 North Virgil Avenue | Los Angeles | Los Angeles | CA | 90004 | Office | CBD | 1 | 1983 |
43 | Loan | Lakeland Plaza Shopping Center | CCRE | CCRE | No | 5255 South Florida Avenue | Lakeland | Polk | FL | 33813 | Retail | Unanchored | 1 | 1977 |
44 | Loan | Bremen Crossing | RMF | UBS AG | No | 404 North US 27 Bypass | Bremen | Haralson | GA | 30110 | Retail | Shadow Anchored | 1 | 2005 |
45 | Loan | Northpointe Crossing | UBS AG | UBS AG | No | 102 West Flectcher Avenue | Tampa | Hillsborough | FL | 33612 | Retail | Unanchored | 1 | 1974 |
46 | Loan | IUP Pratt Studios | UBS AG | UBS AG | No | 657 Pratt Drive | Indiana | Indiana | PA | 15701 | Multifamily | Student Housing | 1 | 1968 |
47 | Loan | All American Self Storage - Clarksville | UBS AG | UBS AG | No | 1830 Ashland City Road | Clarksville | Montgomery | TN | 37043 | Self Storage | Self Storage | 1 | 1986; 1994; 1998; 1999; 2004 |
48 | Loan | Towne Center at Cypress Gardens | CCRE | CCRE | No | 5935 Cypress Gardens Boulevard | Winter Haven | Polk | FL | 33884 | Retail | Unanchored | 1 | 2007 |
A-1-1
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Year Renovated | Number of Units | Unit of Measure | Cut-off Date Balance Per Unit/SF(3) | Original Balance(3) | Cut-off Date Balance(3) | % of Aggregate Cut-off Date Balance | Maturity Date or Anticipated Repayment Date | Maturity Balance | ARD | Final Maturity Date | Origination Date | First Pay Date | Payment Day | Gross Mortgage Rate | Total Administrative Fee | Net Mortgage Rate | ARD Rate | ||
1 | Loan | 20 Times Square | N/A | 16,066 | Sq. Ft. | 16,494 | 50,000,000 | 50,000,000 | 6.2% | 5/5/2023 | 50,000,000 | No | N/A | 4/27/2018 | 6/5/2018 | 5 | 3.108000% | 0.013860% | 3.094140% | N/A | ||
2 | Loan | Riverfront Plaza | 2014 | 949,875 | Sq. Ft. | 153 | 50,000,000 | 49,905,691 | 6.2% | 5/5/2028 | 42,239,372 | No | N/A | 5/4/2018 | 6/5/2018 | 5 | 5.065948% | 0.013860% | 5.052088% | N/A | ||
3 | Loan | Torrance Technology Campus | 2017 | 575,976 | Sq. Ft. | 163 | 40,000,000 | 40,000,000 | 5.0% | 6/6/2028 | 40,000,000 | No | N/A | 6/5/2018 | 7/6/2018 | 6 | 4.420000% | 0.013860% | 4.406140% | N/A | ||
4 | Loan | 5th Street Station | N/A | 451,727 | Sq. Ft. | 100 | 36,000,000 | 36,000,000 | 4.5% | 6/6/2028 | 36,000,000 | No | N/A | 5/18/2018 | 7/6/2018 | 6 | 4.800280% | 0.013860% | 4.786420% | N/A | ||
5 | Loan | Orlando Airport Marriott Lakeside | 2016-2018 | 485 | Rooms | 148,228 | 35,000,000 | 34,946,864 | 4.3% | 6/6/2028 | 26,977,696 | No | N/A | 5/15/2018 | 7/6/2018 | 6 | 5.201000% | 0.013860% | 5.187140% | N/A | ||
6 | Loan | Travelers Tower I | 2014-2018 | 473,959 | Sq. Ft. | 70 | 33,000,000 | 33,000,000 | 4.1% | 7/1/2028 | 33,000,000 | No | N/A | 6/11/2018 | 8/1/2018 | 1 | 4.820000% | 0.013860% | 4.806140% | N/A | ||
7 | Loan | Vista Station 8 | N/A | 154,846 | Sq. Ft. | 200 | 31,000,000 | 31,000,000 | 3.9% | 6/6/2028 | 25,792,765 | No | N/A | 5/16/2018 | 7/6/2018 | 6 | 4.948000% | 0.013860% | 4.934140% | N/A | ||
8 | Loan | AFIN Portfolio | Various | 2,418,910 | Sq. Ft. | 87 | 30,000,000 | 30,000,000 | 3.7% | 1/1/2028 | 30,000,000 | No | N/A | 12/08/2017 | 02/01/2018 | 1 | 4.191000% | 0.013860% | 4.177140% | N/A | ||
8.01 | Property | Montecito Crossing | N/A | 179,721 | Sq. Ft. | 4,720,000 | 4,720,000 | 0.6% | 4,720,000 | |||||||||||||
8.02 | Property | Jefferson Commons | N/A | 205,918 | Sq. Ft. | 3,491,429 | 3,491,429 | 0.4% | 3,491,429 | |||||||||||||
8.03 | Property | Best on the Boulevard | 2000 | 204,568 | Sq. Ft. | 3,478,571 | 3,478,571 | 0.4% | 3,478,571 | |||||||||||||
8.04 | Property | Northpark Center | 2017 | 318,330 | Sq. Ft. | 2,907,143 | 2,907,143 | 0.4% | 2,907,143 | |||||||||||||
8.05 | Property | Anderson Station | N/A | 244,171 | Sq. Ft. | 2,265,714 | 2,265,714 | 0.3% | 2,265,714 | |||||||||||||
8.06 | Property | Cross Pointe Center | 2003 | 226,089 | Sq. Ft. | 2,247,143 | 2,247,143 | 0.3% | 2,247,143 | |||||||||||||
8.07 | Property | San Pedro Crossing | N/A | 207,121 | Sq. Ft. | 2,238,571 | 2,238,571 | 0.3% | 2,238,571 | |||||||||||||
8.08 | Property | Riverbend Marketplace | N/A | 142,617 | Sq. Ft. | 2,017,143 | 2,017,143 | 0.3% | 2,017,143 | |||||||||||||
8.09 | Property | Shops at RiverGate South | N/A | 140,697 | Sq. Ft. | 2,012,857 | 2,012,857 | 0.3% | 2,012,857 | |||||||||||||
8.10 | Property | Centennial Plaza | N/A | 233,797 | Sq. Ft. | 1,908,571 | 1,908,571 | 0.2% | 1,908,571 | |||||||||||||
8.11 | Property | Shoppes of West Melbourne | N/A | 144,484 | Sq. Ft. | 1,782,857 | 1,782,857 | 0.2% | 1,782,857 | |||||||||||||
8.12 | Property | North Lakeland Plaza | N/A | 171,397 | Sq. Ft. | 930,000 | 930,000 | 0.1% | 930,000 | |||||||||||||
9 | Loan | Commons at Southtowne I | N/A | 172,723 | Sq. Ft. | 148 | 25,500,000 | 25,500,000 | 3.2% | 6/6/2028 | 25,500,000 | No | N/A | 6/1/2018 | 7/6/2018 | 6 | 4.621500% | 0.013860% | 4.607640% | N/A | ||
10 | Loan | Griffin Portfolio II | Various | 2,726,080 | Sq. Ft. | 92 | 25,000,000 | 25,000,000 | 3.1% | 5/1/2028 | 25,000,000 | No | N/A | 4/27/2018 | 6/1/2018 | 1 | 4.315000% | 0.015110% | 4.299890% | N/A | ||
10.01 | Property | Southern Company Services Headquarters | 2018 | 669,438 | Sq. Ft. | 9,960,000 | 9,960,000 | 1.2% | 9,960,000 | |||||||||||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | N/A | 856,254 | Sq. Ft. | 6,150,000 | 6,150,000 | 0.8% | 6,150,000 | |||||||||||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | N/A | 222,268 | Sq. Ft. | 4,530,000 | 4,530,000 | 0.6% | 4,530,000 | |||||||||||||
10.04 | Property | 3M Distribution Facility | N/A | 978,120 | Sq. Ft. | 4,360,000 | 4,360,000 | 0.5% | 4,360,000 | |||||||||||||
11 | Loan | Premier Rochester Office Portfolio | N/A | 610,377 | Sq. Ft. | 88 | 24,000,000 | 24,000,000 | 3.0% | 5/6/2028 | 24,000,000 | No | N/A | 4/12/2018 | 6/6/2018 | 6 | 4.893800% | 0.013860% | 4.879940% | N/A | ||
11.01 | Property | 290 Woodcliff Drive | N/A | 96,070 | Sq. Ft. | 6,044,444 | 6,044,444 | 0.8% | 6,044,444 | |||||||||||||
11.02 | Property | 255 Woodcliff Drive | N/A | 76,968 | Sq. Ft. | 4,044,444 | 4,044,444 | 0.5% | 4,044,444 | |||||||||||||
11.03 | Property | 370 Woodcliff Drive | N/A | 120,147 | Sq. Ft. | 3,333,333 | 3,333,333 | 0.4% | 3,333,333 | |||||||||||||
11.04 | Property | 375 Woodcliff Drive | N/A | 64,446 | Sq. Ft. | 3,200,000 | 3,200,000 | 0.4% | 3,200,000 | |||||||||||||
11.05 | Property | 295 Woodcliff Drive | N/A | 85,682 | Sq. Ft. | 2,311,111 | 2,311,111 | 0.3% | 2,311,111 | |||||||||||||
11.06 | Property | 345 Woodcliff Drive | N/A | 74,806 | Sq. Ft. | 2,222,222 | 2,222,222 | 0.3% | 2,222,222 | |||||||||||||
11.07 | Property | 1000 Pittsford Victor Rd | N/A | 73,358 | Sq. Ft. | 1,955,556 | 1,955,556 | 0.2% | 1,955,556 | |||||||||||||
11.08 | Property | 1200 Pittsford Victor Rd | N/A | 18,900 | Sq. Ft. | 888,889 | 888,889 | 0.1% | 888,889 | |||||||||||||
12 | Loan | HTI Medical Office Portfolio | Various | 785,947 | Sq. Ft. | 151 | 23,700,000 | 23,700,000 | 2.9% | 5/1/2028 | 23,700,000 | No | N/A | 4/10/2018 | 6/1/2018 | 1 | 4.541000% | 0.022610% | 4.518390% | N/A | ||
12.01 | Property | Aurora Health Care Center | N/A | 85,028 | Sq. Ft. | 3,401,885 | 3,401,885 | 0.4% | 3,401,885 | |||||||||||||
12.02 | Property | Laguna Professional Center | N/A | 41,932 | Sq. Ft. | 1,774,433 | 1,774,433 | 0.2% | 1,774,433 | |||||||||||||
12.03 | Property | Woodlake Office Center | N/A | 36,375 | Sq. Ft. | 1,724,649 | 1,724,649 | 0.2% | 1,724,649 | |||||||||||||
12.04 | Property | Northside Hospital Medical Office | 1995 | 38,098 | Sq. Ft. | 1,600,190 | 1,600,190 | 0.2% | 1,600,190 | |||||||||||||
12.05 | Property | Arrowhead Medical Plaza II | N/A | 47,490 | Sq. Ft. | 1,505,364 | 1,505,364 | 0.2% | 1,505,364 | |||||||||||||
12.06 | Property | High Desert Medical Group | 2003 | 76,748 | Sq. Ft. | 1,493,511 | 1,493,511 | 0.2% | 1,493,511 | |||||||||||||
12.07 | Property | 761 Building | N/A | 39,032 | Sq. Ft. | 1,357,198 | 1,357,198 | 0.2% | 1,357,198 | |||||||||||||
12.08 | Property | Physicians Plaza of Roane County | N/A | 42,566 | Sq. Ft. | 1,256,446 | 1,256,446 | 0.2% | 1,256,446 | |||||||||||||
12.09 | Property | Mainland Medical Arts Pavilion | N/A | 34,135 | Sq. Ft. | 1,232,739 | 1,232,739 | 0.2% | 1,232,739 | |||||||||||||
12.10 | Property | Presence Healing Arts Pavilion | N/A | 44,391 | Sq. Ft. | 1,191,253 | 1,191,253 | 0.1% | 1,191,253 | |||||||||||||
12.11 | Property | Oak Lawn Medical Center | N/A | 26,325 | Sq. Ft. | 1,066,793 | 1,066,793 | 0.1% | 1,066,793 | |||||||||||||
12.12 | Property | East Coast Square West | N/A | 37,638 | Sq. Ft. | 1,049,014 | 1,049,014 | 0.1% | 1,049,014 | |||||||||||||
12.13 | Property | Arrowhead Medical Plaza I | N/A | 34,172 | Sq. Ft. | 912,701 | 912,701 | 0.1% | 912,701 | |||||||||||||
12.14 | Property | Morrow Medical Center | N/A | 37,813 | Sq. Ft. | 865,288 | 865,288 | 0.1% | 865,288 | |||||||||||||
12.15 | Property | East Coast Square North | N/A | 30,484 | Sq. Ft. | 785,278 | 785,278 | 0.1% | 785,278 | |||||||||||||
12.16 | Property | Belmar Medical Building | N/A | 31,853 | Sq. Ft. | 752,682 | 752,682 | 0.1% | 752,682 | |||||||||||||
12.17 | Property | Village Center Parkway | N/A | 25,051 | Sq. Ft. | 485,984 | 485,984 | 0.1% | 485,984 | |||||||||||||
12.18 | Property | Sassafras Medical Building | N/A | 28,229 | Sq. Ft. | 462,277 | 462,277 | 0.1% | 462,277 | |||||||||||||
12.19 | Property | Medical Center III | N/A | 28,765 | Sq. Ft. | 426,717 | 426,717 | 0.1% | 426,717 | |||||||||||||
12.20 | Property | Stockbridge Family Medical | N/A | 19,822 | Sq. Ft. | 355,598 | 355,598 | 0.0% | 355,598 | |||||||||||||
13 | Loan | Throggs Neck Shopping Center | N/A | 119,161 | Sq. Ft. | 575 | 23,500,000 | 23,500,000 | 2.9% | 4/5/2028 | 23,500,000 | No | N/A | 3/12/2018 | 5/5/2018 | 5 | 5.174000% | 0.015110% | 5.158890% | N/A | ||
14 | Loan | Cedar Ridge | N/A | 129,333 | Sq. Ft. | 180 | 23,250,000 | 23,250,000 | 2.9% | 7/6/2028 | 19,371,564 | No | N/A | 6/8/2018 | 8/6/2018 | 6 | 5.410000% | 0.013860% | 5.396140% | N/A | ||
15 | Loan | Melbourne Hotel Portfolio | Various | 407 | Rooms | 140,049 | 23,000,000 | 23,000,000 | 2.9% | 12/5/2027 | 19,451,437 | No | N/A | 11/30/2017 | 1/5/2018 | 5 | 5.061000% | 0.013860% | 5.047140% | N/A | ||
15.01 | Property | Hilton Melbourne Beach Oceanfront | 2015 | 200 | Rooms | 12,321,429 | 12,321,429 | 1.5% | 10,420,413 | |||||||||||||
15.02 | Property | Doubletree Suites Melbourne Beach | 2014-2015 | 207 | Rooms | 10,678,571 | 10,678,571 | 1.3% | 9,031,024 | |||||||||||||
16 | Loan | Soho House Chicago | 2014 | 115,000 | Sq. Ft. | 545 | 22,650,000 | 22,650,000 | 2.8% | 4/5/2025 | 22,650,000 | No | N/A | 3/9/2018 | 5/5/2018 | 5 | 5.510000% | 0.015110% | 5.494890% | N/A | ||
17 | Loan | 45-55 West 28th Street | 2013 | 34,142 | Sq. Ft. | 624 | 21,300,000 | 21,300,000 | 2.6% | 7/1/2025 | 21,300,000 | No | N/A | 6/8/2018 | 8/1/2018 | 1 | 5.650000% | 0.013860% | 5.636140% | N/A | ||
18 | Loan | DoubleTree Charlotte Airport | 2018 | 173 | Rooms | 104,913 | 18,150,000 | 18,150,000 | 2.3% | 5/6/2028 | 15,861,869 | No | N/A | 5/8/2018 | 6/6/2018 | 6 | 5.400000% | 0.013860% | 5.386140% | N/A | ||
19 | Loan | Henrietta Plaza | 2017 | 250,182 | Sq. Ft. | 69 | 17,200,000 | 17,143,415 | 2.1% | 4/1/2028 | 14,271,335 | No | N/A | 3/15/2018 | 5/1/2018 | 1 | 5.280000% | 0.022610% | 5.257390% | N/A | ||
20 | Loan | Peninsula Town Center | N/A | 41,037 | Sq. Ft. | 401 | 17,250,000 | 16,454,061 | 2.0% | 12/1/2025 | 13,528,417 | No | N/A | 11/10/2015 | 1/1/2016 | 1 | 4.830000% | 0.013860% | 4.816140% | N/A | ||
21 | Loan | AiNET - Beltsville | 2017 | 43,927 | Sq. Ft. | 369 | 16,250,000 | 16,229,593 | 2.0% | 6/6/2028 | 13,255,931 | No | N/A | 5/31/2018 | 7/6/2018 | 6 | 4.760000% | 0.013860% | 4.746140% | N/A | ||
22 | Loan | Merge Carmel Valley | N/A | 33,179 | Sq. Ft. | 429 | 14,250,000 | 14,250,000 | 1.8% | 6/6/2028 | 14,250,000 | No | N/A | 5/24/2018 | 7/6/2018 | 6 | 4.906800% | 0.013860% | 4.892940% | N/A | ||
23 | Loan | University Village | N/A | 44,522 | Sq. Ft. | 312 | 13,900,000 | 13,900,000 | 1.7% | 6/6/2028 | 13,900,000 | No | N/A | 5/7/2018 | 7/6/2018 | 6 | 5.149000% | 0.013860% | 5.135140% | N/A | ||
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | 115 | Rooms | 112,894 | 13,000,000 | 12,982,839 | 1.6% | 6/6/2028 | 10,401,383 | No | N/A | 5/9/2018 | 7/6/2018 | 6 | 5.415000% | 0.013860% | 5.401140% | N/A | ||
25 | Loan | Elms Hotel & Spa | 2012 | 153 | Rooms | 84,734 | 13,000,000 | 12,964,258 | 1.6% | 5/6/2028 | 10,053,011 | No | N/A | 4/27/2018 | 6/6/2018 | 6 | 5.950000% | 0.013860% | 5.936140% | N/A | ||
26 | Loan | 401 West 219th Street | N/A | 120,364 | Sq. Ft. | 106 | 12,800,000 | 12,800,000 | 1.6% | 7/1/2023 | 12,800,000 | No | N/A | 6/8/2018 | 8/1/2018 | 1 | 4.865000% | 0.013860% | 4.851140% | N/A | ||
27 | Loan | Lee Harvard Shopping Center | 1999 | 203,856 | Sq. Ft. | 60 | 12,200,000 | 12,171,035 | 1.5% | 5/6/2028 | 9,959,539 | No | N/A | 4/26/2018 | 6/6/2018 | 6 | 4.780000% | 0.013860% | 4.766140% | N/A | ||
28 | Loan | The Guardian Portfolio | N/A | 320,852 | Sq. Ft. | 36 | 11,550,000 | 11,536,682 | 1.4% | 6/6/2028 | 9,565,500 | No | N/A | 6/7/2018 | 7/6/2018 | 6 | 5.222000% | 0.013860% | 5.208140% | N/A | ||
28.01 | Property | Guardian - Dallas | N/A | 136,882 | Sq. Ft. | 5,430,000 | 5,423,739 | 0.7% | 4,497,027 | |||||||||||||
28.02 | Property | Guardian - San Antonio | N/A | 104,000 | Sq. Ft. | 3,730,000 | 3,725,699 | 0.5% | 3,089,118 | |||||||||||||
28.03 | Property | Guardian - Lubbock | N/A | 79,970 | Sq. Ft. | 2,390,000 | 2,387,244 | 0.3% | 1,979,355 | |||||||||||||
29 | Loan | 1860 Howe Avenue | 2011 | 99,986 | Sq. Ft. | 105 | 10,500,000 | 10,500,000 | 1.3% | 7/6/2028 | 8,945,073 | No | N/A | 6/7/2018 | 8/6/2018 | 6 | 5.308000% | 0.033860% | 5.274140% | N/A | ||
30 | Loan | 19951 Mariner Ave | 2001/2018 | 89,272 | Sq. Ft. | 112 | 10,000,000 | 10,000,000 | 1.2% | 7/6/2028 | 10,000,000 | No | N/A | 6/13/2018 | 8/6/2018 | 6 | 5.012900% | 0.013860% | 4.999040% | N/A | ||
31 | Loan | Four Points by Sheraton Louisville Airport | 2013 | 117 | Rooms | 77,438 | 9,100,000 | 9,060,263 | 1.1% | 4/6/2028 | 6,986,065 | No | N/A | 3/7/2018 | 5/6/2018 | 6 | 5.740000% | 0.013860% | 5.726140% | N/A | ||
32 | Loan | Stony Creek Marketplace | N/A | 204,811 | Sq. Ft. | 105 | 8,000,000 | 8,000,000 | 1.0% | 4/6/2028 | 8,000,000 | No | N/A | 3/28/2018 | 5/6/2018 | 6 | 4.700000% | 0.015110% | 4.684890% | N/A | ||
33 | Loan | TownePlace Suites - Lombard, IL | 2018 | 125 | Rooms | 61,892 | 7,750,000 | 7,736,485 | 1.0% | 5/6/2028 | 6,614,770 | No | N/A | 5/1/2018 | 6/6/2018 | 6 | 6.210000% | 0.013860% | 6.196140% | N/A | ||
34 | Loan | Mesa GSA | 2010 | 41,127 | Sq. Ft. | 187 | 7,700,000 | 7,691,364 | 1.0% | 6/6/2028 | 6,407,013 | No | N/A | 5/24/2018 | 7/6/2018 | 6 | 5.370000% | 0.033860% | 5.336140% | N/A | ||
35 | Loan | Texas Colony Plaza | 2011 | 55,022 | Sq. Ft. | 127 | 7,000,000 | 7,000,000 | 0.9% | 6/6/2028 | 6,238,683 | No | N/A | 5/25/2018 | 7/6/2018 | 6 | 5.313000% | 0.013860% | 5.299140% | N/A | ||
36 | Loan | City Line Apartments | 2006, 2016 | 200 | Units | 35,000 | 7,000,000 | 7,000,000 | 0.9% | 6/6/2023 | 6,733,199 | Yes | 12/6/2025 | 5/24/2018 | 7/6/2018 | 6 | 5.780000% | 0.013860% | 5.766140% | The greater of (i) the initial interest rate + 300 bps; or (ii) the Treasury Rate + 300 bps | ||
37 | Loan | Sugarman's Plaza | 1990 | 432,141 | Sq. Ft. | 15 | 6,500,000 | 6,500,000 | 0.8% | 7/6/2028 | 5,077,208 | No | N/A | 6/11/2018 | 8/6/2018 | 6 | 6.250000% | 0.013860% | 6.236140% | N/A | ||
38 | Loan | 910 South Broadway | 2018 | 25,833 | Sq. Ft. | 242 | 6,250,000 | 6,250,000 | 0.8% | 6/6/2028 | 6,250,000 | No | N/A | 5/31/2018 | 7/6/2018 | 6 | 5.640000% | 0.033860% | 5.606140% | N/A | ||
39 | Loan | Vasa - Clinton | N/A | 50,000 | Sq. Ft. | 124 | 6,200,000 | 6,192,880 | 0.8% | 6/6/2028 | 5,138,254 | No | N/A | 6/8/2018 | 7/6/2018 | 6 | 5.243500% | 0.013860% | 5.229640% | N/A | ||
40 | Loan | Highland Park 1 | 2017 | 16,266 | Sq. Ft. | 375 | 6,100,000 | 6,100,000 | 0.8% | 7/6/2028 | 6,100,000 | No | N/A | 6/11/2018 | 8/6/2018 | 6 | 5.225000% | 0.013860% | 5.211140% | N/A | ||
41 | Loan | Mesa Commons | 2007 | 90,496 | Sq. Ft. | 62 | 5,650,000 | 5,642,956 | 0.7% | 6/1/2028 | 4,615,157 | No | N/A | 5/24/2018 | 7/1/2018 | 1 | 4.800000% | 0.013860% | 4.786140% | N/A | ||
42 | Loan | 137 N Virgil Avenue | 2018 | 17,299 | Sq. Ft. | 318 | 5,500,000 | 5,500,000 | 0.7% | 6/6/2028 | 5,500,000 | No | N/A | 6/8/2018 | 7/6/2018 | 6 | 5.293900% | 0.013860% | 5.280040% | N/A | ||
43 | Loan | Lakeland Plaza Shopping Center | 2017 | 64,332 | Sq. Ft. | 78 | 5,000,000 | 5,000,000 | 0.6% | 7/6/2028 | 4,123,084 | No | N/A | 6/7/2018 | 8/6/2018 | 6 | 5.086000% | 0.033860% | 5.052140% | N/A | ||
44 | Loan | Bremen Crossing | N/A | 43,343 | Sq. Ft. | 104 | 4,500,000 | 4,500,000 | 0.6% | 5/6/2028 | 3,935,551 | No | N/A | 5/8/2018 | 6/6/2018 | 6 | 5.430000% | 0.013860% | 5.416140% | N/A | ||
45 | Loan | Northpointe Crossing | N/A | 64,017 | Sq. Ft. | 68 | 4,350,000 | 4,341,768 | 0.5% | 5/6/2023 | 4,060,979 | No | N/A | 5/10/2018 | 6/6/2018 | 6 | 5.845300% | 0.013860% | 5.831440% | N/A | ||
46 | Loan | IUP Pratt Studios | 2018 | 139 | Beds | 30,903 | 4,300,000 | 4,295,480 | 0.5% | 6/6/2028 | 3,616,214 | No | N/A | 6/11/2018 | 7/6/2018 | 6 | 5.714000% | 0.013860% | 5.700140% | N/A | ||
47 | Loan | All American Self Storage - Clarksville | N/A | 95,750 | Sq. Ft. | 44 | 4,175,000 | 4,170,452 | 0.5% | 6/6/2028 | 3,490,877 | No | N/A | 5/31/2018 | 7/6/2018 | 6 | 5.525800% | 0.013860% | 5.511940% | N/A | ||
48 | Loan | Towne Center at Cypress Gardens | N/A | 21,582 | Sq. Ft. | 139 | 3,000,000 | 3,000,000 | 0.4% | 7/6/2028 | 2,474,493 | No | N/A | 6/7/2018 | 8/6/2018 | 6 | 5.094000% | 0.033860% | 5.060140% | N/A |
A-1-2
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Interest Accrual Method | Monthly Debt Service Payment | Amortization Type | Original Term to Maturity or ARD | Remaining Term to Maturity or ARD | Original IO Term | Remaining IO Term | Original Amortization Term | Remaining Amortization Term | Seasoning | Prepayment Provisions(5)(6) | Grace Period Default | Grace Period Late | Grace Period at Maturity Default | Appraised Value(4)(14) | Appraisal Date(4)(14) | U/W NOI DSCR(3)(27) | U/W NCF DSCR(3)(27) | Cut-off Date LTV Ratio(3)(4)(14) | LTV Ratio at Maturity or ARD(3)(4)(14) | U/W NOI Debt Yield(3)(14) |
1 | Loan | 20 Times Square | Actual/360 | 131,298.61 | Full IO | 60 | 58 | 60 | 58 | 0 | 0 | 2 | LO(26);DEF(31);O(3) | 0 | 0 | 0 | 1,636,000,000 | 1/31/2018 | 3.65 | 3.65 | 16.2% | 16.2% | 11.5% |
2 | Loan | Riverfront Plaza | Actual/360 | 261,980.08 | Amortizing | 120 | 118 | 0 | 0 | 360 | 358 | 2 | LO(26);DEF/YM1(90);O(4) | 0 | 0 | 0 | 200,800,000 | 2/13/2018 | 1.58 | 1.49 | 72.6% | 61.4% | 10.0% |
3 | Loan | Torrance Technology Campus | Actual/360 | 149,379.63 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(25);DEF/YM1(90);O(5) | 0 | 0 | 0 | 131,250,000 | 4/30/2018 | 2.30 | 2.27 | 71.4% | 71.4% | 10.3% |
4 | Loan | 5th Street Station | Actual/360 | 146,008.52 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 144,980,000 | 2/12/2018 | 3.35 | 3.22 | 25.9% | 25.9% | 19.6% |
5 | Loan | Orlando Airport Marriott Lakeside | Actual/360 | 204,831.59 | Amortizing | 120 | 119 | 0 | 0 | 312 | 311 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 103,100,000 | 4/5/2018 | 1.96 | 1.68 | 69.7% | 53.8% | 13.8% |
6 | Loan | Travelers Tower I | Actual/360 | 134,390.97 | Full IO | 120 | 120 | 120 | 120 | 0 | 0 | 0 | LO(24);DEF(92);O(4) | 0 | 0 | 0 | 54,800,000 | 5/3/2018 | 2.77 | 2.48 | 60.2% | 60.2% | 13.5% |
7 | Loan | Vista Station 8 | Actual/360 | 165,430.91 | Partial IO | 120 | 119 | 6 | 5 | 360 | 360 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 48,330,000 | 1/31/2018 | 1.57 | 1.48 | 64.1% | 53.4% | 10.1% |
8 | Loan | AFIN Portfolio | Actual/360 | 106,230.21 | Full IO | 120 | 114 | 120 | 114 | 0 | 0 | 6 | LO(11);YM1(107);O(2) | 0 | 0 | 0 | 371,735,000 | Various | 2.62 | 2.34 | 56.5% | 56.5% | 11.1% |
8.01 | Property | Montecito Crossing | 52,450,000 | 11/01/2017 | |||||||||||||||||||
8.02 | Property | Jefferson Commons | 38,800,000 | 10/23/2017 | |||||||||||||||||||
8.03 | Property | Best on the Boulevard | 38,650,000 | 11/01/2017 | |||||||||||||||||||
8.04 | Property | Northpark Center | 36,330,000 | 11/01/2017 | |||||||||||||||||||
8.05 | Property | Anderson Station | 28,000,000 | 11/01/2017 | |||||||||||||||||||
8.06 | Property | Cross Pointe Center | 27,675,000 | 10/25/2017 | |||||||||||||||||||
8.07 | Property | San Pedro Crossing | 39,800,000 | 11/02/2017 | |||||||||||||||||||
8.08 | Property | Riverbend Marketplace | 22,580,000 | 11/01/2017 | |||||||||||||||||||
8.09 | Property | Shops at RiverGate South | 25,000,000 | 11/01/2017 | |||||||||||||||||||
8.10 | Property | Centennial Plaza | 25,600,000 | 10/24/2017 | |||||||||||||||||||
8.11 | Property | Shoppes of West Melbourne | 21,900,000 | 10/29/2017 | |||||||||||||||||||
8.12 | Property | North Lakeland Plaza | 14,950,000 | 10/27/2017 | |||||||||||||||||||
9 | Loan | Commons at Southtowne I | Actual/360 | 99,570.86 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(25);DEF(88);O(7) | 0 | 0 | 0 | 43,500,000 | 4/6/2018 | 2.30 | 2.28 | 58.6% | 58.6% | 10.8% |
10 | Loan | Griffin Portfolio II | Actual/360 | 91,144.39 | Full IO | 120 | 118 | 120 | 118 | 0 | 0 | 2 | LO(24);YM1(90);O(6) | 0 | 0 | 0 | 415,500,000 | Various | 2.12 | 2.01 | 60.2% | 60.2% | 9.3% |
10.01 | Property | Southern Company Services Headquarters | 153,250,000 | 4/9/2018 | |||||||||||||||||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | 94,600,000 | 4/10/2018 | |||||||||||||||||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | 75,540,000 | 4/11/2018 | |||||||||||||||||||
10.04 | Property | 3M Distribution Facility | 72,300,000 | 4/11/2018 | |||||||||||||||||||
11 | Loan | Premier Rochester Office Portfolio | Actual/360 | 99,235.39 | Full IO | 120 | 118 | 120 | 118 | 0 | 0 | 2 | LO(26);DEF(87);O(7) | 0 | 0 | 0 | 98,900,000 | 3/23/2018 | 2.24 | 2.07 | 54.6% | 54.6% | 11.1% |
11.01 | Property | 290 Woodcliff Drive | 17,700,000 | 3/23/2018 | |||||||||||||||||||
11.02 | Property | 255 Woodcliff Drive | 12,200,000 | 3/23/2018 | |||||||||||||||||||
11.03 | Property | 370 Woodcliff Drive | 18,800,000 | 3/23/2018 | |||||||||||||||||||
11.04 | Property | 375 Woodcliff Drive | 11,300,000 | 3/23/2018 | |||||||||||||||||||
11.05 | Property | 295 Woodcliff Drive | 14,100,000 | 3/23/2018 | |||||||||||||||||||
11.06 | Property | 345 Woodcliff Drive | 12,000,000 | 3/23/2018 | |||||||||||||||||||
11.07 | Property | 1000 Pittsford Victor Rd | 10,100,000 | 3/23/2018 | |||||||||||||||||||
11.08 | Property | 1200 Pittsford Victor Rd | 2,700,000 | 3/23/2018 | |||||||||||||||||||
12 | Loan | HTI Medical Office Portfolio | Actual/360 | 90,930.37 | Full IO | 120 | 118 | 120 | 118 | 0 | 0 | 2 | LO(25);YM1(92);O(3) | 5 | 0 | 0 | 207,000,000 | 2/22/2018 | 2.23 | 1.94 | 57.3% | 57.3% | 10.3% |
12.01 | Property | Aurora Health Care Center | 28,700,000 | 2/21/2018 | |||||||||||||||||||
12.02 | Property | Laguna Professional Center | 14,970,000 | 2/12/2018 | |||||||||||||||||||
12.03 | Property | Woodlake Office Center | 14,550,000 | 2/8/2018 | |||||||||||||||||||
12.04 | Property | Northside Hospital Medical Office | 13,420,000 | 2/14/2018 | |||||||||||||||||||
12.05 | Property | Arrowhead Medical Plaza II | 12,700,000 | 2/14/2018 | |||||||||||||||||||
12.06 | Property | High Desert Medical Group | 12,600,000 | 2/16/2018 | |||||||||||||||||||
12.07 | Property | 761 Building | 11,450,000 | 2/12/2018 | |||||||||||||||||||
12.08 | Property | Physicians Plaza of Roane County | 10,600,000 | 2/14/2018 | |||||||||||||||||||
12.09 | Property | Mainland Medical Arts Pavilion | 10,400,000 | 2/16/2018 | |||||||||||||||||||
12.10 | Property | Presence Healing Arts Pavilion | 10,050,000 | 2/12/2018 | |||||||||||||||||||
12.11 | Property | Oak Lawn Medical Center | 9,000,000 | 2/12/2018 | |||||||||||||||||||
12.12 | Property | East Coast Square West | 8,850,000 | 2/15/2018 | |||||||||||||||||||
12.13 | Property | Arrowhead Medical Plaza I | 7,700,000 | 2/14/2018 | |||||||||||||||||||
12.14 | Property | Morrow Medical Center | 7,300,000 | 2/16/2018 | |||||||||||||||||||
12.15 | Property | East Coast Square North | 6,625,000 | 2/15/2018 | |||||||||||||||||||
12.16 | Property | Belmar Medical Building | 6,260,000 | 2/21/2018 | |||||||||||||||||||
12.17 | Property | Village Center Parkway | 4,100,000 | 2/16/2018 | |||||||||||||||||||
12.18 | Property | Sassafras Medical Building | 3,900,000 | 2/16/2018 | |||||||||||||||||||
12.19 | Property | Medical Center III | 3,600,000 | 2/14/2018 | |||||||||||||||||||
12.20 | Property | Stockbridge Family Medical | 3,000,000 | 2/16/2018 | |||||||||||||||||||
13 | Loan | Throggs Neck Shopping Center | Actual/360 | 102,731.45 | Full IO | 120 | 117 | 120 | 117 | 0 | 0 | 3 | LO(27);DEF(90);O(3) | 0 | 0 | 0 | 110,000,000 | 9/16/2017 | 1.42 | 1.37 | 62.3% | 62.3% | 7.4% |
14 | Loan | Cedar Ridge | Actual/360 | 130,701.08 | Amortizing | 120 | 120 | 0 | 0 | 360 | 360 | 0 | LO(24);DEF(93);O(3) | 0 | 0 | 0 | 31,100,000 | 5/1/2018 | 1.38 | 1.32 | 74.8% | 62.3% | 9.3% |
15 | Loan | Melbourne Hotel Portfolio | Actual/360 | 124,327.85 | Partial IO | 120 | 113 | 12 | 5 | 360 | 360 | 7 | LO(31);DEF(85);O(4) | 0 | 0 | 0 | 84,000,000 | 8/2/2017 | 2.21 | 1.94 | 67.9% | 57.4% | 14.3% |
15.01 | Property | Hilton Melbourne Beach Oceanfront | 45,000,000 | 8/2/2017 | |||||||||||||||||||
15.02 | Property | Doubletree Suites Melbourne Beach | 39,000,000 | 8/2/2017 | |||||||||||||||||||
16 | Loan | Soho House Chicago | Actual/360 | 105,445.71 | Full IO | 84 | 81 | 84 | 81 | 0 | 0 | 3 | LO(27);DEF/YM1(50);O(7) | 0 | 0 | 0 | 95,000,000 | 12/20/2017 | 1.64 | 1.64 | 65.9% | 65.9% | 9.2% |
17 | Loan | 45-55 West 28th Street | Actual/360 | 101,680.38 | Full IO | 84 | 84 | 84 | 84 | 0 | 0 | 0 | LO(24);YM1(53);O(7) | 0 | 5 | 0 | 38,500,000 | 4/1/2018 | 1.47 | 1.41 | 55.3% | 55.3% | 8.4% |
18 | Loan | DoubleTree Charlotte Airport | Actual/360 | 101,917.84 | Partial IO | 120 | 118 | 24 | 22 | 360 | 360 | 2 | LO(24);YM1(92);O(4) | 0 | 0 | 0 | 29,000,000 | 3/28/2018 | 2.24 | 2.00 | 62.6% | 54.7% | 15.1% |
19 | Loan | Henrietta Plaza | Actual/360 | 95,298.89 | Amortizing | 120 | 117 | 0 | 0 | 360 | 357 | 3 | LO(27);DEF(90);O(3) | 5 | 0 | 0 | 24,750,000 | 1/27/2018 | 1.60 | 1.37 | 69.3% | 57.7% | 10.7% |
20 | Loan | Peninsula Town Center | Actual/360 | 94,547.61 | Amortizing | 120 | 89 | 0 | 0 | 330 | 299 | 31 | LO(27);YM1(89);O(4) | 5 | 5 | 0 | 28,800,000 | 4/10/2018 | 1.50 | 1.46 | 57.1% | 47.0% | 10.3% |
21 | Loan | AiNET - Beltsville | Actual/360 | 84,865.67 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 29,500,000 | 4/16/2018 | 1.99 | 1.98 | 55.0% | 44.9% | 12.5% |
22 | Loan | Merge Carmel Valley | Actual/360 | 59,077.53 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(11);YM1(105);O(4) | 0 | 0 | 0 | 23,700,000 | 4/25/2018 | 2.07 | 1.98 | 60.1% | 60.1% | 10.3% |
23 | Loan | University Village | Actual/360 | 60,470.95 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 20,000,000 | 2/2/2018 | 1.59 | 1.52 | 69.5% | 69.5% | 8.3% |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | Actual/360 | 75,823.36 | Amortizing | 120 | 119 | 0 | 0 | 330 | 329 | 1 | LO(25);DEF(92);O(3) | 0 | 0 | 0 | 18,600,000 | 3/20/2018 | 1.76 | 1.57 | 69.8% | 55.9% | 12.3% |
25 | Loan | Elms Hotel & Spa | Actual/360 | 83,362.30 | Amortizing | 120 | 118 | 0 | 0 | 300 | 298 | 2 | LO(26);DEF(90);O(4) | 0 | 0 | 0 | 20,100,000 | 4/1/2019 | 2.03 | 1.60 | 64.5% | 50.0% | 15.6% |
26 | Loan | 401 West 219th Street | Actual/360 | 52,614.07 | Full IO | 60 | 60 | 60 | 60 | 0 | 0 | 0 | LO(24);DEF(33);O(3) | 0 | 0 | 0 | 61,000,000 | 4/5/2018 | 2.41 | 2.18 | 21.0% | 21.0% | 11.9% |
27 | Loan | Lee Harvard Shopping Center | Actual/360 | 63,861.77 | Amortizing | 120 | 118 | 0 | 0 | 360 | 358 | 2 | LO(26);DEF(90);O(4) | 0 | 0 | 0 | 18,400,000 | 3/7/2018 | 2.00 | 1.69 | 66.1% | 54.1% | 12.6% |
28 | Loan | The Guardian Portfolio | Actual/360 | 63,579.37 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 16,680,000 | Various | 1.70 | 1.59 | 69.2% | 57.3% | 11.2% |
28.01 | Property | Guardian - Dallas | 8,100,000 | 4/30/2018 | |||||||||||||||||||
28.02 | Property | Guardian - San Antonio | 5,180,000 | 5/1/2018 | |||||||||||||||||||
28.03 | Property | Guardian - Lubbock | 3,400,000 | 5/2/2018 | |||||||||||||||||||
29 | Loan | 1860 Howe Avenue | Actual/360 | 58,359.16 | Partial IO | 120 | 120 | 12 | 12 | 360 | 360 | 0 | LO(24);DEF(90);O(6) | 0 | 0 | 0 | 15,100,000 | 2/21/2018 | 1.61 | 1.40 | 69.5% | 59.2% | 10.8% |
30 | Loan | 19951 Mariner Ave | Actual/360 | 42,354.36 | Full IO | 120 | 120 | 120 | 120 | 0 | 0 | 0 | LO(24);DEF(92);O(4) | 0 | 0 | 0 | 20,000,000 | 3/28/2018 | 2.68 | 2.49 | 50.0% | 50.0% | 13.6% |
31 | Loan | Four Points by Sheraton Louisville Airport | Actual/360 | 57,193.70 | Amortizing | 120 | 117 | 0 | 0 | 300 | 297 | 3 | LO(27);DEF(89);O(4) | 0 | 0 | 0 | 14,000,000 | 11/3/2017 | 1.78 | 1.54 | 64.7% | 49.9% | 13.5% |
32 | Loan | Stony Creek Marketplace | Actual/360 | 31,768.52 | Full IO | 120 | 117 | 120 | 117 | 0 | 0 | 3 | LO(27);DEF(89);O(4) | 0 | 0 | 0 | 34,200,000 | 2/8/2018 | 2.60 | 2.35 | 63.2% | 63.2% | 12.4% |
33 | Loan | TownePlace Suites - Lombard, IL | Actual/360 | 47,516.65 | Amortizing | 120 | 118 | 0 | 0 | 360 | 358 | 2 | LO(26);DEF(90);O(4) | 0 | 0 | 0 | 13,500,000 | 9/21/2018 | 1.72 | 1.40 | 57.3% | 49.0% | 12.7% |
34 | Loan | Mesa GSA | Actual/360 | 43,093.79 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(92);O(3) | 0 | 0 | 0 | 11,160,000 | 4/17/2018 | 1.52 | 1.42 | 68.9% | 57.4% | 10.2% |
35 | Loan | Texas Colony Plaza | Actual/360 | 38,927.86 | Partial IO | 120 | 119 | 36 | 35 | 360 | 360 | 1 | LO(12);YM1(104);O(4) | 0 | 0 | 0 | 11,000,000 | 4/19/2018 | 1.67 | 1.54 | 63.6% | 56.7% | 11.1% |
36 | Loan | City Line Apartments | Actual/360 | 40,983.60 | Partial IO, ARD | 60 | 59 | 24 | 23 | 360 | 360 | 1 | LO(12);YM1(44);O(4) | 0 | 0 | 0 | 9,800,000 | 3/8/2018 | 1.71 | 1.59 | 71.4% | 68.7% | 12.0% |
37 | Loan | Sugarman's Plaza | Actual/360 | 42,878.51 | Amortizing | 120 | 120 | 0 | 0 | 300 | 300 | 0 | LO(24);DEF(92);O(4) | 0 | 0 | 0 | 11,400,000 | 5/3/2018 | 1.98 | 1.65 | 57.0% | 44.5% | 15.7% |
38 | Loan | 910 South Broadway | Actual/360 | 29,782.99 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(25);DEF(90);O(5) | 0 | 0 | 0 | 13,000,000 | 3/29/2018 | 1.78 | 1.69 | 48.1% | 48.1% | 10.2% |
39 | Loan | Vasa - Clinton | Actual/360 | 34,211.67 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 9,500,000 | 4/11/2018 | 1.62 | 1.52 | 65.2% | 54.1% | 10.7% |
40 | Loan | Highland Park 1 | Actual/360 | 26,929.31 | Full IO | 120 | 120 | 120 | 120 | 0 | 0 | 0 | LO(24);DEF(93);O(3) | 0 | 0 | 0 | 10,000,000 | 3/1/2018 | 1.49 | 1.43 | 61.0% | 61.0% | 7.9% |
41 | Loan | Mesa Commons | Actual/360 | 29,643.59 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 11,660,000 | 4/20/2018 | 2.06 | 1.90 | 48.4% | 39.6% | 13.0% |
42 | Loan | 137 N Virgil Avenue | Actual/360 | 24,600.70 | Full IO | 120 | 119 | 120 | 119 | 0 | 0 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 8,900,000 | 4/20/2018 | 1.75 | 1.69 | 61.8% | 61.8% | 9.4% |
43 | Loan | Lakeland Plaza Shopping Center | Actual/360 | 27,104.49 | Amortizing | 120 | 120 | 0 | 0 | 360 | 360 | 0 | LO(24);DEF(91);O(5) | 0 | 0 | 0 | 7,550,000 | 4/9/2018 | 2.09 | 1.85 | 66.2% | 54.6% | 13.6% |
44 | Loan | Bremen Crossing | Actual/360 | 25,353.22 | Partial IO | 120 | 118 | 24 | 22 | 360 | 360 | 2 | LO(26);DEF(90);O(4) | 0 | 0 | 0 | 7,000,000 | 3/28/2018 | 1.52 | 1.38 | 64.3% | 56.2% | 10.3% |
45 | Loan | Northpointe Crossing | Actual/360 | 25,649.38 | Amortizing | 60 | 58 | 0 | 0 | 360 | 358 | 2 | LO(26);DEF(30);O(4) | 0 | 0 | 0 | 6,600,000 | 2/9/2018 | 1.98 | 1.94 | 65.8% | 61.5% | 14.1% |
46 | Loan | IUP Pratt Studios | Actual/360 | 24,995.38 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 7,000,000 | 3/16/2018 | 1.52 | 1.47 | 61.4% | 51.7% | 10.6% |
47 | Loan | All American Self Storage - Clarksville | Actual/360 | 23,772.82 | Amortizing | 120 | 119 | 0 | 0 | 360 | 359 | 1 | LO(25);DEF(91);O(4) | 0 | 0 | 0 | 5,750,000 | 4/4/2018 | 1.38 | 1.35 | 72.5% | 60.7% | 9.4% |
48 | Loan | Towne Center at Cypress Gardens | Actual/360 | 16,277.43 | Amortizing | 120 | 120 | 0 | 0 | 360 | 360 | 0 | LO(24);DEF(91);O(5) | 0 | 0 | 0 | 4,950,000 | 4/9/2018 | 1.91 | 1.78 | 60.6% | 50.0% | 12.4% |
A-1-3
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | U/W NCF Debt Yield(3)(14) | U/W EGI(23) | U/W Expenses | U/W NOI | U/W Replacement | U/W TI/LC | U/W NCF | Occupancy Rate(10)(22) | Occupancy as-of Date(22) | Most Recent Operating Statement Date(22) | Most Recent EGI (23) | Most Recent Expenses | Most Recent NOI | Second Most Recent Operating Statement Date(22) | Second Most Recent EGI | Second Most Recent Expenses | Second Most Recent NOI | Third Most Recent Operating Statement Date(22) | Third Most Recent EGI | Third Most Recent Expenses | Third Most Recent NOI |
1 | Loan | 20 Times Square | 11.5% | 30,443,635 | 0 | 30,443,635 | 0 | 0 | 30,443,635 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2 | Loan | Riverfront Plaza | 9.4% | 22,503,174 | 7,997,506 | 14,505,668 | 142,481 | 649,875 | 13,713,312 | 83.4% | 3/28/2018 | TTM 1/31/2018 | 18,661,328 | 8,267,688 | 10,393,640 | 12/31/2017 | 18,397,856 | 8,276,354 | 10,121,502 | 12/31/2016 | 19,087,328 | 8,714,695 | 10,372,633 |
3 | Loan | Torrance Technology Campus | 10.2% | 15,702,037 | 6,052,117 | 9,649,919 | 115,195 | 0 | 9,534,724 | 90.9% | 4/30/2018 | TTM 3/31/2018 | 12,040,735 | 4,955,248 | 7,085,487 | 12/31/2017 | 10,765,437 | 4,870,791 | 5,894,646 | 12/31/2016 | 9,525,831 | 4,275,675 | 5,250,156 |
4 | Loan | 5th Street Station | 18.8% | 8,875,441 | 1,531,391 | 7,344,050 | 31,621 | 260,837 | 7,051,592 | 93.1% | 1/31/2018 | TTM 1/31/2018 | 6,910,000 | 1,327,764 | 5,582,236 | 12/31/2017 | 6,770,075 | 1,253,177 | 5,516,898 | N/A | N/A | N/A | N/A |
5 | Loan | Orlando Airport Marriott Lakeside | 11.9% | 27,590,790 | 17,691,678 | 9,899,112 | 1,379,540 | 0 | 8,519,573 | 73.3% | 3/31/2018 | TTM 3/31/2018 | 27,590,790 | 17,669,892 | 9,920,898 | 12/31/2017 | 27,114,706 | 17,576,873 | 9,537,833 | 12/31/2016 | 26,528,322 | 18,668,684 | 7,859,638 |
6 | Loan | Travelers Tower I | 12.1% | 7,322,473 | 2,859,537 | 4,462,936 | 100,252 | 355,472 | 4,007,212 | 87.1% | 6/1/2018 | TTM 3/31/2018 | 6,000,418 | 2,799,614 | 3,200,804 | 12/31/2017 | 5,840,868 | 2,774,732 | 3,066,136 | 12/31/2016 | 5,235,966 | 2,705,289 | 2,530,677 |
7 | Loan | Vista Station 8 | 9.5% | 4,221,825 | 1,106,085 | 3,115,740 | 23,227 | 154,846 | 2,937,667 | 100.0% | 7/1/2018 | TTM 2/28/2018 | 2,388,534 | 857,616 | 1,530,918 | 12/31/2017 | 1,827,666 | 857,319 | 970,347 | 12/31/2016 | 238,409 | 81,868 | 156,541 |
8 | Loan | AFIN Portfolio | 9.9% | 33,252,972 | 9,911,495 | 23,341,476 | 406,890 | 2,096,069 | 20,838,518 | 90.3% | 11/28/2017 | TTM 9/30/2017 | 37,067,823 | 11,060,915 | 26,006,908 | 12/31/2016 | 37,394,183 | 10,389,232 | 27,004,951 | N/A | N/A | N/A | N/A |
8.01 | Property | Montecito Crossing | 4,326,440 | 883,953 | 3,442,487 | 48,525 | 292,206 | 3,101,756 | 94.3% | 11/28/2017 | TTM 9/30/2017 | 4,459,736 | 912,039 | 3,547,697 | 12/31/2016 | 4,371,471 | 855,965 | 3,515,506 | N/A | N/A | N/A | N/A | |
8.02 | Property | Jefferson Commons | 3,364,160 | 799,133 | 2,565,027 | 8,237 | 132,029 | 2,424,762 | 94.4% | 11/28/2017 | TTM 9/30/2017 | 3,238,890 | 825,566 | 2,413,324 | 12/31/2016 | 3,444,240 | 861,289 | 2,582,951 | N/A | N/A | N/A | N/A | |
8.03 | Property | Best on the Boulevard | 3,232,152 | 649,545 | 2,582,607 | 59,325 | 262,793 | 2,260,490 | 91.0% | 11/28/2017 | TTM 9/30/2017 | 3,797,966 | 695,223 | 3,102,743 | 12/31/2016 | 3,669,121 | 634,734 | 3,034,387 | N/A | N/A | N/A | N/A | |
8.04 | Property | Northpark Center | 4,094,859 | 1,480,817 | 2,614,042 | 28,650 | 190,597 | 2,394,795 | 97.4% | 11/28/2017 | TTM 9/30/2017 | 4,311,414 | 2,142,753 | 2,168,661 | 12/31/2016 | 3,844,916 | 1,923,822 | 1,921,094 | N/A | N/A | N/A | N/A | |
8.05 | Property | Anderson Station | 3,091,780 | 1,029,130 | 2,062,650 | 70,810 | 127,834 | 1,864,006 | 84.3% | 11/28/2017 | TTM 9/30/2017 | 2,963,729 | 996,728 | 1,967,001 | 12/31/2016 | 3,173,257 | 915,773 | 2,257,484 | N/A | N/A | N/A | N/A | |
8.06 | Property | Cross Pointe Center | 2,654,383 | 736,639 | 1,917,744 | 40,696 | 190,414 | 1,686,633 | 100.0% | 11/28/2017 | TTM 9/30/2017 | 2,898,647 | 766,937 | 2,131,710 | 12/31/2016 | 2,753,067 | 685,622 | 2,067,445 | N/A | N/A | N/A | N/A | |
8.07 | Property | San Pedro Crossing | 2,926,568 | 1,406,310 | 1,520,258 | 12,427 | 109,669 | 1,398,161 | 87.8% | 11/28/2017 | TTM 9/30/2017 | 4,508,366 | 1,551,760 | 2,956,606 | 12/31/2016 | 4,593,896 | 1,532,682 | 3,061,214 | N/A | N/A | N/A | N/A | |
8.08 | Property | Riverbend Marketplace | 1,876,278 | 497,196 | 1,379,082 | 19,966 | 121,671 | 1,237,445 | 90.5% | 11/28/2017 | TTM 9/30/2017 | 2,099,325 | 569,861 | 1,529,464 | 12/31/2016 | 2,096,136 | 545,442 | 1,550,694 | N/A | N/A | N/A | N/A | |
8.09 | Property | Shops at RiverGate South | 1,868,180 | 679,324 | 1,188,855 | 5,628 | 101,254 | 1,081,973 | 65.4% | 11/28/2017 | TTM 9/30/2017 | 2,451,691 | 721,631 | 1,730,060 | 12/31/2016 | 2,872,251 | 664,277 | 2,207,974 | N/A | N/A | N/A | N/A | |
8.10 | Property | Centennial Plaza | 2,038,766 | 516,667 | 1,522,099 | 46,759 | 265,877 | 1,209,463 | 78.6% | 11/28/2017 | TTM 9/30/2017 | 2,441,135 | 599,488 | 1,841,647 | 12/31/2016 | 2,775,847 | 687,286 | 2,088,561 | N/A | N/A | N/A | N/A | |
8.11 | Property | Shoppes of West Melbourne | 2,329,861 | 720,082 | 1,609,779 | 14,448 | 65,623 | 1,529,708 | 98.3% | 11/28/2017 | TTM 9/30/2017 | 2,324,971 | 733,086 | 1,591,885 | 12/31/2016 | 2,210,704 | 595,279 | 1,615,425 | N/A | N/A | N/A | N/A | |
8.12 | Property | North Lakeland Plaza | 1,449,545 | 512,698 | 936,846 | 51,419 | 236,103 | 649,325 | 94.9% | 11/28/2017 | TTM 9/30/2017 | 1,571,953 | 545,843 | 1,026,110 | 12/31/2016 | 1,589,277 | 487,061 | 1,102,216 | N/A | N/A | N/A | N/A | |
9 | Loan | Commons at Southtowne I | 10.7% | 3,588,951 | 843,067 | 2,745,884 | 25,908 | 0 | 2,719,975 | 97.6% | 5/8/2018 | TTM 4/30/2018 | 2,741,644 | 870,084 | 1,871,560 | 12/31/2017 | 2,721,338 | 853,032 | 1,868,306 | 12/31/2016 | 3,435,854 | 794,617 | 2,641,238 |
10 | Loan | Griffin Portfolio II | 8.8% | 30,710,040 | 7,482,500 | 23,227,540 | 272,608 | 996,165 | 21,958,766 | 100.0% | 7/1/2018 | 12/31/2017 | 17,515,627 | 2,215,224 | 15,300,403 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10.01 | Property | Southern Company Services Headquarters | 13,111,680 | 4,638,720 | 8,472,959 | 66,944 | 334,719 | 8,071,296 | 100.0% | 7/1/2018 | 12/31/2017 | 1,476,942 | 568,429 | 908,513 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
10.02 | Property | Amazon.com Sortable Fulfillment Center | 6,412,018 | 489,851 | 5,922,167 | 85,625 | 256,876 | 5,579,665 | 100.0% | 7/1/2018 | 12/31/2017 | 6,236,794 | 766,019 | 5,470,775 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
10.03 | Property | IGT North American Gaming & Interactive Headquarters | 5,286,494 | 791,564 | 4,494,930 | 22,227 | 111,134 | 4,361,569 | 100.0% | 7/1/2018 | 12/31/2017 | 5,362,986 | 758,054 | 4,604,932 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
10.04 | Property | 3M Distribution Facility | 5,899,848 | 1,562,364 | 4,337,484 | 97,812 | 293,436 | 3,946,236 | 100.0% | 7/1/2018 | 12/31/2017 | 4,438,905 | 122,722 | 4,316,183 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11 | Loan | Premier Rochester Office Portfolio | 10.2% | 9,712,103 | 3,704,023 | 6,008,080 | 118,732 | 355,521 | 5,533,827 | 76.1% | 3/1/2018 | TTM 1/31/2018 | 9,408,793 | 3,530,664 | 5,878,129 | 12/31/2017 | 9,351,766 | 3,500,479 | 5,851,287 | 12/31/2016 | 8,723,008 | 3,745,064 | 4,977,944 |
11.01 | Property | 290 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.02 | Property | 255 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | 95.8% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.03 | Property | 370 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | 70.5% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.04 | Property | 375 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | 80.8% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.05 | Property | 295 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | 58.1% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.06 | Property | 345 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | 59.4% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.07 | Property | 1000 Pittsford Victor Rd | N/A | N/A | N/A | N/A | N/A | N/A | 69.6% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
11.08 | Property | 1200 Pittsford Victor Rd | N/A | N/A | N/A | N/A | N/A | N/A | 67.7% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
12 | Loan | HTI Medical Office Portfolio | 8.9% | 19,663,392 | 7,475,682 | 12,187,711 | 242,489 | 1,328,193 | 10,617,029 | 87.8% | 3/7/2018 | 12/31/2017 | 20,366,007 | 6,522,823 | 13,843,185 | Various | 18,085,301 | 6,005,961 | 12,079,340 | N/A | N/A | N/A | N/A |
12.01 | Property | Aurora Health Care Center | 2,230,331 | 338,431 | 1,891,900 | 21,257 | 175,686 | 1,694,957 | 100.0% | 3/7/2018 | 12/31/2017 | 2,010,204 | 3,472 | 2,006,732 | 12/31/2016 | 1,896,419 | 3,855 | 1,892,564 | N/A | N/A | N/A | N/A | |
12.02 | Property | Laguna Professional Center | 1,377,016 | 305,138 | 1,071,878 | 13,418 | 99,500 | 958,960 | 94.4% | 3/7/2018 | 12/31/2017 | 1,356,978 | 299,154 | 1,057,824 | 12/31/2016 | 1,557,777 | 301,102 | 1,256,675 | N/A | N/A | N/A | N/A | |
12.03 | Property | Woodlake Office Center | 1,680,048 | 695,666 | 984,381 | 8,003 | 69,034 | 907,345 | 100.0% | 3/7/2018 | 12/31/2017 | 1,739,790 | 696,833 | 1,042,957 | 12/31/2016 | 1,628,470 | 614,114 | 1,014,356 | N/A | N/A | N/A | N/A | |
12.04 | Property | Northside Hospital Medical Office | 932,212 | 105,421 | 826,791 | 14,096 | 46,491 | 766,204 | 100.0% | 3/7/2018 | 12/31/2017 | 813,270 | 27,726 | 785,544 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
12.05 | Property | Arrowhead Medical Plaza II | 961,829 | 529,353 | 432,476 | 16,147 | 136,103 | 280,226 | 63.6% | 3/7/2018 | 12/31/2017 | 1,195,898 | 533,959 | 661,939 | 12/31/2016 | 996,173 | 458,575 | 537,598 | N/A | N/A | N/A | N/A | |
12.06 | Property | High Desert Medical Group | 1,267,957 | 428,619 | 839,339 | 25,327 | 55,900 | 758,111 | 100.0% | 3/7/2018 | 12/31/2017 | 824,091 | 221,259 | 602,832 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
12.07 | Property | 761 Building | 1,083,372 | 381,961 | 701,411 | 19,516 | 58,583 | 623,312 | 100.0% | 3/7/2018 | 12/31/2017 | 1,283,124 | 374,831 | 908,293 | 12/31/2016 | 1,275,052 | 373,866 | 901,186 | N/A | N/A | N/A | N/A | |
12.08 | Property | Physicians Plaza of Roane County | 1,199,659 | 408,707 | 790,953 | 9,365 | 58,518 | 723,069 | 95.9% | 3/7/2018 | 12/31/2017 | 1,251,500 | 409,237 | 842,263 | 12/31/2016 | 1,134,589 | 404,180 | 730,409 | N/A | N/A | N/A | N/A | |
12.09 | Property | Mainland Medical Arts Pavilion | 1,118,959 | 389,002 | 729,957 | 6,827 | 59,168 | 663,962 | 100.0% | 3/7/2018 | 12/31/2017 | 1,205,112 | 393,830 | 811,282 | 12/31/2016 | 1,208,508 | 392,163 | 816,344 | N/A | N/A | N/A | N/A | |
12.10 | Property | Presence Healing Arts Pavilion | 1,429,279 | 728,894 | 700,384 | 11,098 | 79,687 | 609,599 | 76.5% | 3/7/2018 | 12/31/2017 | 1,395,558 | 705,769 | 689,789 | 12/31/2016 | 1,333,279 | 656,020 | 677,259 | N/A | N/A | N/A | N/A | |
12.11 | Property | Oak Lawn Medical Center | 1,017,103 | 727,868 | 289,235 | 11,057 | 59,942 | 218,236 | 68.6% | 3/7/2018 | 12/31/2017 | 1,649,015 | 717,380 | 931,635 | 12/31/2016 | 1,592,639 | 676,807 | 915,832 | N/A | N/A | N/A | N/A | |
12.12 | Property | East Coast Square West | 762,422 | 221,143 | 541,280 | 8,280 | 55,710 | 477,289 | 83.3% | 3/7/2018 | 12/31/2017 | 829,546 | 219,776 | 609,770 | 12/31/2016 | 848,270 | 247,918 | 600,353 | N/A | N/A | N/A | N/A | |
12.13 | Property | Arrowhead Medical Plaza I | 646,191 | 336,812 | 309,378 | 10,593 | 68,112 | 230,673 | 60.9% | 3/7/2018 | 12/31/2017 | 672,725 | 340,509 | 332,216 | 12/31/2016 | 521,090 | 346,238 | 174,852 | N/A | N/A | N/A | N/A | |
12.14 | Property | Morrow Medical Center | 802,732 | 420,121 | 382,611 | 17,016 | 84,262 | 281,334 | 100.0% | 3/7/2018 | 12/31/2017 | 968,135 | 413,514 | 554,621 | 12/31/2016 | 970,055 | 426,539 | 543,516 | N/A | N/A | N/A | N/A | |
12.15 | Property | East Coast Square North | 487,382 | 158,825 | 328,557 | 6,706 | 15,055 | 306,797 | 67.0% | 3/7/2018 | 12/31/2017 | 637,777 | 157,753 | 480,024 | 12/31/2016 | 745,640 | 171,583 | 574,057 | N/A | N/A | N/A | N/A | |
12.16 | Property | Belmar Medical Building | 759,419 | 371,713 | 387,706 | 9,874 | 75,691 | 302,141 | 86.8% | 3/7/2018 | 12/31/2017 | 791,127 | 323,772 | 467,355 | 12/31/2016 | 779,293 | 303,688 | 475,605 | N/A | N/A | N/A | N/A | |
12.17 | Property | Village Center Parkway | 427,119 | 235,177 | 191,942 | 6,263 | 36,747 | 148,932 | 72.7% | 3/7/2018 | 12/31/2017 | 473,474 | 227,416 | 246,058 | 12/31/2016 | 462,138 | 229,949 | 232,188 | N/A | N/A | N/A | N/A | |
12.18 | Property | Sassafras Medical Building | 737,855 | 319,505 | 418,350 | 13,268 | 33,128 | 371,955 | 100.0% | 3/7/2018 | 12/31/2017 | 476,827 | 1,420 | 475,407 | 12/31/2016 | 461,470 | -13,536 | 475,007 | N/A | N/A | N/A | N/A | |
12.19 | Property | Medical Center III | 481,136 | 248,182 | 232,955 | 8,630 | 45,194 | 179,130 | 80.7% | 3/7/2018 | 12/31/2017 | 476,355 | 327,037 | 149,318 | 12/31/2016 | 371,649 | 287,060 | 84,589 | N/A | N/A | N/A | N/A | |
12.20 | Property | Stockbridge Family Medical | 261,371 | 125,144 | 136,227 | 5,748 | 15,682 | 114,797 | 52.8% | 3/7/2018 | 12/31/2017 | 315,501 | 128,176 | 187,326 | 12/31/2016 | 302,790 | 125,840 | 176,950 | N/A | N/A | N/A | N/A | |
13 | Loan | Throggs Neck Shopping Center | 7.2% | 7,323,860 | 2,221,539 | 5,102,321 | 17,874 | 178,742 | 4,905,705 | 92.5% | 1/19/2018 | 12/31/2017 | 6,495,365 | 1,887,869 | 4,607,496 | 12/31/2016 | 5,703,116 | 2,134,948 | 3,568,168 | 12/31/2015 | 4,300,256 | 1,574,920 | 2,725,336 |
14 | Loan | Cedar Ridge | 8.9% | 3,367,331 | 1,203,284 | 2,164,048 | 25,867 | 64,667 | 2,073,515 | 89.3% | 4/30/2018 | TTM 3/31/2018 | 3,144,961 | 1,182,684 | 1,962,276 | 12/31/2017 | 3,447,189 | 1,193,618 | 2,253,570 | 12/31/2016 | 3,051,609 | 1,151,131 | 1,900,478 |
15 | Loan | Melbourne Hotel Portfolio | 12.6% | 24,272,623 | 16,113,962 | 8,158,661 | 970,905 | 0 | 7,187,756 | 83.2% | TTM 1/31/2018 | TTM 1/31/2018 | 23,704,659 | 15,300,654 | 8,404,005 | 12/31/2017 | 23,379,133 | 15,161,864 | 8,217,269 | 12/31/2016 | 23,188,634 | 15,064,055 | 8,124,579 |
15.01 | Property | Hilton Melbourne Beach Oceanfront | 13,010,389 | 8,751,357 | 4,259,032 | 520,416 | 0 | 3,738,617 | 81.1% | TTM 1/31/2018 | TTM 1/31/2018 | 12,387,179 | 8,150,068 | 4,237,111 | 12/31/2017 | 12,253,406 | 8,075,858 | 4,177,548 | 12/31/2016 | 12,569,874 | 8,251,244 | 4,318,630 | |
15.02 | Property | Doubletree Suites Melbourne Beach | 11,262,234 | 7,362,605 | 3,899,629 | 450,489 | 0 | 3,449,139 | 85.3% | TTM 1/31/2018 | TTM 1/31/2018 | 11,317,480 | 7,150,586 | 4,166,894 | 12/31/2017 | 11,125,727 | 7,086,006 | 4,039,721 | 12/31/2016 | 10,618,760 | 6,812,811 | 3,805,949 | |
16 | Loan | Soho House Chicago | 9.1% | 6,671,423 | 928,246 | 5,743,177 | 20,400 | 0 | 5,722,777 | 100.0% | 7/1/2018 | 12/31/2017 | 6,465,064 | 413,941 | 6,051,123 | 12/31/2016 | 5,693,057 | 455,907 | 5,237,150 | 12/31/2015 | 4,745,750 | 472,715 | 4,273,035 |
17 | Loan | 45-55 West 28th Street | 8.1% | 2,441,429 | 651,556 | 1,789,873 | 7,980 | 61,913 | 1,719,980 | 94.8% | 4/1/2018 | TTM 3/31/2018 | 2,310,983 | 592,803 | 1,718,179 | 12/31/2017 | 2,239,426 | 565,746 | 1,673,680 | 12/31/2016 | 1,987,541 | 552,305 | 1,435,236 |
18 | Loan | DoubleTree Charlotte Airport | 13.5% | 7,214,657 | 4,478,017 | 2,736,640 | 288,586 | 0 | 2,448,054 | 87.4% | TTM 4/30/2018 | TTM 4/30/2018 | 7,443,301 | 4,464,949 | 2,978,352 | 12/31/2017 | 7,208,649 | 4,381,429 | 2,827,220 | 12/31/2016 | 6,637,745 | 4,251,441 | 2,386,304 |
19 | Loan | Henrietta Plaza | 9.1% | 2,842,587 | 1,015,908 | 1,826,679 | 51,359 | 211,128 | 1,564,192 | 93.8% | 2/1/2018 | T-8 Ann. 12/31/2017 | 1,971,162 | 796,316 | 1,174,847 | 12/31/2016 | 2,060,599 | 998,471 | 1,062,128 | 12/31/2015 | 2,111,940 | 951,488 | 1,160,452 |
20 | Loan | Peninsula Town Center | 10.0% | 2,071,573 | 371,589 | 1,699,984 | 6,156 | 41,037 | 1,652,792 | 93.1% | 2/28/2018 | TTM 2/28/2018 | 2,106,641 | 395,082 | 1,711,559 | TTM 2/28/2018 | 2,106,641 | 395,082 | 1,711,559 | 12/31/2016 | 2,196,229 | 303,162 | 1,893,067 |
21 | Loan | AiNET - Beltsville | 12.4% | 2,086,533 | 62,596 | 2,023,937 | 8,785 | 0 | 2,015,151 | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
22 | Loan | Merge Carmel Valley | 9.8% | 1,796,523 | 326,680 | 1,469,843 | 3,318 | 66,358 | 1,400,167 | 100.0% | 5/17/2018 | TTM 4/30/2018 | 699,367 | 275,236 | 424,131 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
23 | Loan | University Village | 7.9% | 2,220,537 | 1,066,664 | 1,153,872 | 8,904 | 44,522 | 1,100,446 | 94.3% | 3/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | 11.0% | 4,261,816 | 2,664,698 | 1,597,118 | 170,473 | 0 | 1,426,645 | 77.1% | 1/31/2018 | TTM 1/31/2018 | 4,261,816 | 2,732,967 | 1,528,848 | 12/31/2017 | 4,261,692 | 2,731,140 | 1,530,552 | 12/31/2016 | 4,084,372 | 2,488,895 | 1,595,477 |
25 | Loan | Elms Hotel & Spa | 12.3% | 8,644,383 | 6,615,720 | 2,028,663 | 432,219 | 0 | 1,596,444 | 48.1% | 2/28/2018 | TTM 2/28/2018 | 8,644,383 | 6,706,982 | 1,937,401 | 12/31/2017 | 8,774,774 | 6,777,743 | 1,997,031 | 12/31/2016 | 8,596,252 | 6,823,518 | 1,772,734 |
26 | Loan | 401 West 219th Street | 10.8% | 2,122,427 | 602,098 | 1,520,329 | 20,462 | 120,364 | 1,379,504 | 100.0% | 5/1/2018 | TTM 3/31/2018 | 2,096,417 | 524,035 | 1,572,382 | 12/31/2017 | 1,964,470 | 521,811 | 1,442,659 | 12/31/2016 | 1,702,940 | 543,702 | 1,159,237 |
27 | Loan | Lee Harvard Shopping Center | 10.7% | 2,536,796 | 1,005,421 | 1,531,375 | 30,578 | 203,856 | 1,296,940 | 87.2% | 4/1/2018 | 12/31/2017 | 2,090,924 | 940,973 | 1,149,951 | 12/31/2016 | 1,907,428 | 923,643 | 983,785 | N/A | N/A | N/A | N/A |
28 | Loan | The Guardian Portfolio | 10.5% | 1,980,150 | 685,068 | 1,295,083 | 22,460 | 56,987 | 1,215,636 | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
28.01 | Property | Guardian - Dallas | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
28.02 | Property | Guardian - San Antonio | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
28.03 | Property | Guardian - Lubbock | N/A | N/A | N/A | N/A | N/A | N/A | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
29 | Loan | 1860 Howe Avenue | 9.3% | 1,810,037 | 679,799 | 1,130,238 | 25,996 | 124,983 | 979,259 | 88.9% | 3/1/2018 | TTM 2/28/2018 | 1,408,192 | 638,873 | 769,319 | 12/31/2017 | 1,388,978 | 635,751 | 753,227 | 12/31/2016 | 814,930 | 515,902 | 299,028 |
30 | Loan | 19951 Mariner Ave | 12.7% | 1,402,997 | 42,090 | 1,360,907 | 13,391 | 81,637 | 1,265,879 | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
31 | Loan | Four Points by Sheraton Louisville Airport | 11.7% | 4,092,277 | 2,869,312 | 1,222,966 | 163,691 | 0 | 1,059,275 | 75.9% | 12/31/2017 | 12/31/2017 | 4,092,277 | 2,852,279 | 1,239,998 | 12/31/2016 | 3,886,046 | 2,782,669 | 1,103,377 | 12/31/2015 | 3,585,052 | 2,113,065 | 1,471,987 |
32 | Loan | Stony Creek Marketplace | 11.2% | 3,880,157 | 1,202,665 | 2,677,492 | 49,932 | 204,811 | 2,422,750 | 98.1% | 2/5/2018 | 12/31/2017 | 3,943,225 | 1,152,026 | 2,791,199 | 12/31/2016 | 3,764,985 | 1,018,891 | 2,746,094 | 12/31/2015 | 3,682,533 | 1,196,002 | 2,486,531 |
33 | Loan | TownePlace Suites - Lombard, IL | 10.3% | 3,051,053 | 2,070,362 | 980,691 | 183,063 | 0 | 797,628 | 76.5% | 2/28/2018 | TTM 2/28/2018 | 3,051,053 | 2,071,186 | 979,867 | 12/31/2017 | 2,975,815 | 2,029,209 | 946,606 | 12/31/2016 | 2,884,528 | 1,991,371 | 893,157 |
34 | Loan | Mesa GSA | 9.5% | 1,149,202 | 361,349 | 787,853 | 13,983 | 41,127 | 732,743 | 100.0% | 3/1/2018 | 12/31/2017 | 1,088,372 | 285,791 | 802,582 | 12/31/2016 | 1,094,239 | 274,772 | 819,467 | 12/31/2015 | 1,153,614 | 280,660 | 872,954 |
35 | Loan | Texas Colony Plaza | 10.3% | 1,179,663 | 399,662 | 780,001 | 12,105 | 46,265 | 721,631 | 100.0% | 5/31/2018 | TTM 4/30/2018 | 1,164,993 | 337,561 | 827,432 | 12/31/2017 | 1,174,332 | 348,378 | 825,954 | 12/31/2016 | 1,159,460 | 355,683 | 803,777 |
36 | Loan | City Line Apartments | 11.2% | 1,892,400 | 1,051,865 | 840,535 | 60,000 | 0 | 780,535 | 100.0% | 5/1/2018 | T9 3/31/2018 | 1,988,877 | 918,212 | 1,070,665 | T12 8/31/2016 | 1,942,352 | 1,020,178 | 922,174 | 12/31/2015 | 1,801,389 | 1,022,805 | 778,584 |
37 | Loan | Sugarman's Plaza | 13.1% | 1,457,592 | 439,948 | 1,017,644 | 82,107 | 86,428 | 849,109 | 98.6% | 5/28/2018 | T9 4/30/2018 | 746,677 | 320,230 | 426,447 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
38 | Loan | 910 South Broadway | 9.7% | 788,250 | 152,974 | 635,276 | 4,133 | 25,833 | 605,310 | 75.2% | 5/18/2018 | TTM 3/31/2018 | 564,113 | 141,785 | 422,328 | 12/31/2017 | 514,419 | 130,897 | 383,522 | 12/31/2016 | 394,172 | 103,367 | 290,805 |
39 | Loan | Vasa - Clinton | 10.1% | 684,426 | 20,533 | 663,894 | 7,500 | 31,467 | 624,927 | 100.0% | 7/1/2018 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
40 | Loan | Highland Park 1 | 7.6% | 694,314 | 212,252 | 482,062 | 3,253 | 16,266 | 462,543 | 96.3% | 6/7/2018 | TTM 4/30/2018 | 458,812 | 244,123 | 214,689 | 12/31/2017 | 291,242 | 178,070 | 113,172 | N/A | N/A | N/A | N/A |
41 | Loan | Mesa Commons | 11.9% | 927,457 | 194,366 | 733,091 | 13,574 | 45,248 | 674,269 | 100.0% | 4/1/2018 | TTM 2/28/2018 | 907,151 | 197,555 | 709,596 | 12/31/2017 | 946,316 | 195,367 | 750,949 | 12/31/2016 | 910,404 | 184,850 | 725,554 |
42 | Loan | 137 N Virgil Avenue | 9.0% | 640,107 | 123,376 | 516,731 | 2,595 | 16,681 | 497,455 | 100.0% | 7/1/2018 | 12/31/2017 | 117,453 | 84,505 | 32,949 | 12/31/2016 | 159,914 | 103,673 | 56,241 | N/A | N/A | N/A | N/A |
43 | Loan | Lakeland Plaza Shopping Center | 12.0% | 893,605 | 214,667 | 678,938 | 12,866 | 64,332 | 601,739 | 82.6% | 4/25/2018 | 12/31/2017 | 847,735 | 203,168 | 644,567 | 12/31/2016 | 787,718 | 204,708 | 583,010 | 12/31/2015 | 756,657 | 211,262 | 545,395 |
44 | Loan | Bremen Crossing | 9.3% | 593,192 | 131,678 | 461,514 | 4,334 | 36,842 | 420,338 | 100.0% | 4/18/2018 | TTM 3/31/2018 | 607,203 | 97,220 | 509,983 | 12/31/2017 | 608,088 | 95,846 | 512,241 | 12/31/2016 | 567,172 | 96,263 | 470,909 |
45 | Loan | Northpointe Crossing | 13.8% | 828,791 | 218,523 | 610,268 | 12,803 | 0 | 597,465 | 95.9% | 1/10/2018 | 12/31/2017 | 777,879 | 217,687 | 560,192 | 12/31/2016 | 772,463 | 192,457 | 580,006 | 12/31/2015 | 647,242 | 193,335 | 453,907 |
46 | Loan | IUP Pratt Studios | 10.2% | 757,942 | 302,938 | 455,004 | 15,429 | 0 | 439,575 | 92.8% | 6/1/2018 | 12/31/2017 | 765,033 | 278,214 | 486,819 | 12/31/2016 | 732,774 | 267,055 | 465,719 | N/A | N/A | N/A | N/A |
47 | Loan | All American Self Storage - Clarksville | 9.2% | 573,149 | 179,877 | 393,272 | 9,575 | 0 | 383,697 | 90.7% | 3/22/2018 | 12/31/2017 | 567,148 | 145,958 | 421,191 | 12/31/2016 | 546,041 | 149,434 | 396,607 | 12/31/2015 | 509,360 | 142,364 | 366,997 |
48 | Loan | Towne Center at Cypress Gardens | 11.6% | 506,020 | 133,709 | 372,311 | 3,237 | 21,582 | 347,492 | 91.5% | 4/25/2018 | 12/31/2017 | 506,337 | 130,517 | 375,820 | 12/31/2016 | 495,747 | 137,707 | 358,040 | 12/31/2015 | 404,038 | 127,318 | 276,720 |
A-1-4
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Largest Tenant Name(10)(11)(12)(13)(28) | Largest Tenant Sq. Ft. | Largest Tenant % of NRA | Largest Tenant Exp. Date(2) | Second Largest Tenant Name(11)(12)(13) | Second Largest Tenant Sq. Ft. | Second Largest Tenant % of NRA | Second Largest Tenant Exp. Date(2) | Third Largest Tenant Name(11)(12)(13) | Third Largest Tenant Sq. Ft. | Third Largest Tenant % of NRA |
1 | Loan | 20 Times Square | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2 | Loan | Riverfront Plaza | Hunton Andrews Kurth LLP | 238,176 | 25.1% | 6/30/2025 | Branch Banking & Trust Company | 141,167 | 14.9% | 8/31/2025 | Owens & Minor Medical Inc. | 85,746 | 9.0% |
3 | Loan | Torrance Technology Campus | L3 Communications Corporation | 461,431 | 80.1% | 9/30/2031 | Torrance Memorial Medical Center | 61,857 | 10.7% | 1/31/2022 | N/A | N/A | N/A |
4 | Loan | 5th Street Station | Wegman's Food Markets, Inc. | 121,712 | 26.9% | 11/30/2036 | Field & Stream | 50,302 | 11.1% | 1/31/2027 | Dick's Sporting Goods, Inc. | 50,019 | 11.1% |
5 | Loan | Orlando Airport Marriott Lakeside | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
6 | Loan | Travelers Tower I | Willis Towers Watson | 57,054 | 12.0% | 11/30/2026 | Faurecia Interior Systems, Inc. | 47,250 | 10.0% | 5/31/2020 | MSX International Inc. | 45,748 | 9.7% |
7 | Loan | Vista Station 8 | Telsa, Inc. | 154,846 | 100.0% | 10/31/2027 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
8 | Loan | AFIN Portfolio | Various | Various | N/A | Various | Various | Various | N/A | Various | Various | Various | N/A |
8.01 | Property | Montecito Crossing | HomeGoods | 25,000 | 13.9% | 07/31/2019 | Petsmart | 22,400 | 12.5% | 05/31/2023 | Office Depot | 17,000 | 9.5% |
8.02 | Property | Jefferson Commons | ACADEMY | 71,914 | 34.9% | 02/28/2030 | Aldi | 24,067 | 11.7% | 05/31/2028 | LIQUOR BARN | 22,000 | 10.7% |
8.03 | Property | Best on the Boulevard | Best Buy | 57,726 | 28.2% | 01/31/2025 | Seafood City | 42,618 | 20.8% | 02/28/2022 | Ross Dress For Less | 31,847 | 15.6% |
8.04 | Property | Northpark Center | N ELDER BEERMAN | 101,840 | 32.0% | 10/31/2019 | KOHL'S | 80,731 | 25.4% | 01/31/2020 | MARSHALLS | 29,500 | 9.3% |
8.05 | Property | Anderson Station | Hobby Lobby | 55,000 | 22.5% | 08/31/2019 | Ross Dress For Less | 30,187 | 12.4% | 01/31/2022 | Bed, Bath and Beyond, Inc. | 22,285 | 9.1% |
8.06 | Property | Cross Pointe Center | DEVELOPERS REALTY CORP | 104,155 | 46.1% | 01/31/2047 | TJ MAXX #354 | 30,000 | 13.3% | 10/31/2026 | BED BATH & BEYOND | 29,427 | 13.0% |
8.07 | Property | San Pedro Crossing | TOYS R US | 60,687 | 29.3% | 1/31/2021 | BARNES & NOBLE BOOKSTORE | 35,475 | 17.1% | 02/28/2021 | THE CONTAINER STORE | 22,817 | 11.0% |
8.08 | Property | Riverbend Marketplace | Kohl's | 88,408 | 62.0% | 04/30/2025 | Petsmart | 19,107 | 13.4% | 01/31/2025 | Shoe Show | 4,288 | 3.0% |
8.09 | Property | Shops at RiverGate South | HomeGoods | 24,000 | 17.1% | 09/30/2024 | Michaels Stores | 17,497 | 12.4% | 02/28/2025 | Ulta Salon | 10,015 | 7.1% |
8.10 | Property | Centennial Plaza | HOME DEPOT | 102,962 | 44.0% | 01/31/2019 | BEST BUY | 45,753 | 19.6% | 01/31/2023 | GUITAR CENTER | 15,200 | 6.5% |
8.11 | Property | Shoppes of West Melbourne | JO ANN FABRIC AND CRAFT STOR | 35,759 | 24.7% | 01/31/2021 | BED BATH & BEYOND | 26,274 | 18.2% | 01/31/2023 | PARTY CITY | 21,000 | 14.5% |
8.12 | Property | North Lakeland Plaza | Beall's Department Store | 84,146 | 49.1% | 04/30/2020 | Best Buy Stores, L.P. | 51,868 | 30.3% | 01/31/2021 | Jo-Ann Stores, LLC | 19,100 | 11.1% |
9 | Loan | Commons at Southtowne I | Burlington | 45,000 | 26.1% | 2/28/2029 | Nordstrom Rack | 35,738 | 20.7% | 4/30/2029 | Bed Bath & Beyond | 28,000 | 16.2% |
10 | Loan | Griffin Portfolio II | Various | Various | N/A | Various | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10.01 | Property | Southern Company Services Headquarters | Southern Company Services, Inc. | 669,438 | 100.0% | 3/17/2044 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10.02 | Property | Amazon.com Sortable Fulfillment Center | Amazon.com | 856,254 | 100.0% | 8/31/2031 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10.03 | Property | IGT North American Gaming & Interactive Headquarters | International Game Technology | 222,268 | 100.0% | 12/31/2030 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
10.04 | Property | 3M Distribution Facility | 3M Company | 978,120 | 100.0% | 10/31/2026 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
11 | Loan | Premier Rochester Office Portfolio | Various | Various | N/A | Various | Various | Various | N/A | Various | Various | Various | N/A |
11.01 | Property | 290 Woodcliff Drive | Manning & Napier | 96,070 | 100.0% | 1/31/2028 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
11.02 | Property | 255 Woodcliff Drive | First American Commercial Banc | 67,531 | 87.7% | 10/31/2021 | Foresters Financial | 2,500 | 3.2% | 10/31/2024 | Empire Dental Administration | 1,957 | 2.5% |
11.03 | Property | 370 Woodcliff Drive | Centene Health Systems | 34,418 | 28.6% | 9/30/2021 | Constellation Leasing | 19,581 | 16.3% | 4/30/2019 | Amica Mutual Insurance Company | 18,323 | 15.3% |
11.04 | Property | 375 Woodcliff Drive | New York Life Insurance | 20,234 | 31.4% | 7/31/2023 | AP Integro Insurance Group | 9,767 | 15.2% | 7/31/2021 | Littler Mendelson, P.C. | 8,004 | 12.4% |
11.05 | Property | 295 Woodcliff Drive | Manning & Napier | 30,184 | 35.2% | 1/31/2028 | Targus Neustar | 11,454 | 13.4% | 9/30/2023 | Arcadis of New York | 5,255 | 6.1% |
11.06 | Property | 345 Woodcliff Drive | R.P. Dodd Group | 15,354 | 20.5% | 9/30/2018 | Quality Systems | 10,461 | 14.0% | 2/28/2025 | Siemens Corporation | 6,604 | 8.8% |
11.07 | Property | 1000 Pittsford Victor Rd | Clarix Technologies Inc. | 7,534 | 10.3% | 4/30/2021 | Rockwell Automation | 6,341 | 8.6% | 7/31/2022 | Prudential Insurance Company | 5,205 | 7.1% |
11.08 | Property | 1200 Pittsford Victor Rd | Wells Fargo Advisors LLC | 12,786 | 67.7% | 2/28/2022 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
12 | Loan | HTI Medical Office Portfolio | Various | Various | N/A | Various | Various | Various | N/A | Various | Various | Various | N/A |
12.01 | Property | Aurora Health Care Center | Aurora Health Care | 85,028 | 100.0% | 12/31/2022 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
12.02 | Property | Laguna Professional Center | Dignity Health Med Foundation | 21,824 | 52.0% | 8/31/2026 | The Regents of University CA | 9,514 | 22.7% | 4/30/2023 | Brian B. Fong | 2,537 | 6.1% |
12.03 | Property | Woodlake Office Center | Summit Orthopedics, Ltd. | 36,375 | 100.0% | 9/30/2022 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
12.04 | Property | Northside Hospital Medical Office | Northside Hospital, Inc | 38,098 | 100.0% | 12/31/2028 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
12.05 | Property | Arrowhead Medical Plaza II | VHS of Arrowhead Inc. | 10,066 | 21.2% | 6,047 SF (7/31/2022); 4,019 SF (5/31/2022) | VHS Outpatient Clinics, Inc. | 7,205 | 15.2% | 12/31/2027 | Valley ENT, PC | 3,933 | 8.3% |
12.06 | Property | High Desert Medical Group | High Desert Medical Corporation | 76,748 | 100.0% | 2/28/2026 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
12.07 | Property | 761 Building | Franciscan Medical Specialists | 26,793 | 68.6% | 20,010 SF (10/31/2027); 6,783 SF (9/30/2024) | Franciscan Healthcare-Munster | 12,017 | 30.8% | 9,119 SF (6/30/2023); 2,898 SF (10/31/2027) | Franciscan Specialists | 222 | 0.6% |
12.08 | Property | Physicians Plaza of Roane County | Covenant Medical Group, Inc. | 9,943 | 23.4% | 7/31/2021 | The Eye Center of Oak Ridge | 7,420 | 17.4% | 6/30/2021 | OrthoTennesse P.C. | 3,622 | 8.5% |
12.09 | Property | Mainland Medical Arts Pavilion | Beeler-Manske Clinic | 18,090 | 53.0% | 10/2/2021 | Texas City Family Dentistry | 5,650 | 16.6% | 2/28/2026 | Interventional Pain Specialist | 3,338 | 9.8% |
12.10 | Property | Presence Healing Arts Pavilion | Presence Hospitals PRV | 30,276 | 68.2% | 6/22/2022 | DMG Real Estate, LLC | 2,061 | 4.6% | 6/22/2022 | Dental Xperts, LLC | 1,631 | 3.7% |
12.11 | Property | Oak Lawn Medical Center | Mid-America Cariovascular Con | 12,195 | 46.3% | 2/28/2023 | Adult Primary Care Center | 3,414 | 13.0% | 12/31/2018 | Quest Diagnostics LLC | 2,441 | 9.3% |
12.12 | Property | East Coast Square West | Bio-Medical Applications | 9,545 | 25.4% | 1/31/2030 | Journey's End Enterprises | 6,298 | 16.7% | 10/31/2019 | Carteret General Hospital | 4,218 | 11.2% |
12.13 | Property | Arrowhead Medical Plaza I | US Oncology Inc. | 8,296 | 24.3% | 2/28/2022 | Glendale Urology | 4,549 | 13.3% | 12/31/2026 | VHS of Arrowhead, Inc. | 3,058 | 8.9% |
12.14 | Property | Morrow Medical Center | Eye Care Centers Management | 22,841 | 60.4% | 20,634 SF (12/31/2023); 2,207 SF (12/31/2018) | WellStar Health Syatems, Inc. | 12,987 | 34.3% | 8/31/2018 | Joon Y Kim MD PC | 1,985 | 5.2% |
12.15 | Property | East Coast Square North | CarolinaEast Medical Center | 7,516 | 24.7% | MTM | Eastern Dermatology&Pathology | 4,415 | 14.5% | 9/5/2018 | Diabetes & Endocrinology Cons. | 3,598 | 11.8% |
12.16 | Property | Belmar Medical Building | Kaiser Foundation Health Plan | 3,935 | 12.4% | MTM | ZAP Engineering | 3,254 | 10.2% | 4/1/2020 | HealthONE Clinic Services | 2,797 | 8.8% |
12.17 | Property | Village Center Parkway | Dermatology & Skin Surgery Center, P.C. | 7,179 | 28.7% | 5/31/2020 | Northside Hospital, Inc. | 6,521 | 26.0% | 8/31/2020 | Chris Adkin, DDS | 2,441 | 9.7% |
12.18 | Property | Sassafras Medical Building | Clinical Services, Inc. | 18,706 | 66.3% | 3/31/2020 | Saint Vincent Health Center | 9,523 | 33.7% | 3/31/2020 | N/A | N/A | N/A |
12.19 | Property | Medical Center III | Surgery Center of Peoria, LLC | 9,243 | 32.1% | 1/31/2022 | Desert View Counseling & Consu | 4,450 | 15.5% | 6/30/2024 | Stephen A. Folson, DDS, MS | 1,919 | 6.7% |
12.20 | Property | Stockbridge Family Medical | Emory Specialty Associates LLC | 8,100 | 40.9% | 4/30/2020 | Stockbridge Family Dental Group | 2,357 | 11.9% | 2/28/2023 | N/A | N/A | N/A |
13 | Loan | Throggs Neck Shopping Center | TJ Maxx | 28,417 | 23.8% | 8/31/2024 | Party City | 10,700 | 9.0% | 1/31/2028 | Petco | 10,358 | 8.7% |
14 | Loan | Cedar Ridge | American Specialty Health | 66,707 | 51.6% | 6/30/2027 | Regus | 10,813 | 8.4% | 1/31/2024 | NRT Texas LLC DBA Coldwell Banker | 10,242 | 7.9% |
15 | Loan | Melbourne Hotel Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
15.01 | Property | Hilton Melbourne Beach Oceanfront | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
15.02 | Property | Doubletree Suites Melbourne Beach | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
16 | Loan | Soho House Chicago | Soho House Chicago, LLC | 115,000 | 100.0% | 6/1/2034 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
17 | Loan | 45-55 West 28th Street | DS Bridal NY | 3,348 | 9.8% | 11/30/2019 | Blue Sky Corp | 2,834 | 8.3% | 12/31/2022 | JC Bosto Inc | 2,365 | 6.9% |
18 | Loan | DoubleTree Charlotte Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
19 | Loan | Henrietta Plaza | At Home Stores LLC | 86,626 | 34.6% | 10/31/2027 | Big Lots | 32,211 | 12.9% | 1/31/2020 | Staples The Office Superstore East, Inc. | 27,943 | 11.2% |
20 | Loan | Peninsula Town Center | Bar Louie | 6,682 | 16.3% | 1/31/2023 | The Pub | 6,620 | 16.1% | 1/31/2030 | Juan Hampton Roads, Inc. | 6,551 | 16.0% |
21 | Loan | AiNET - Beltsville | AiNET Beltsville | 43,927 | 100.0% | 5/31/2033 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
22 | Loan | Merge Carmel Valley | Pacific Arts Dance Center | 6,416 | 19.3% | 4/30/2025 | Brothers Provisions & The Barrel Room | 6,246 | 18.8% | 5/20/2028 | Coastal Skin & Eye Institute | 3,674 | 11.1% |
23 | Loan | University Village | Sprouts Farmers Market | 28,684 | 64.4% | 4/30/2032 | Pet Food Express California | 4,500 | 10.1% | 1/31/2028 | Medical Mgmt International | 3,212 | 7.2% |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
25 | Loan | Elms Hotel & Spa | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
26 | Loan | 401 West 219th Street | New York City Department of Education | 93,420 | 77.6% | 6/30/2019 | Time Warner Cable New York City, LLC | 26,944 | 22.4% | 4/30/2022 | N/A | N/A | N/A |
27 | Loan | Lee Harvard Shopping Center | Dave's Supermarket (Giant Eagle) | 57,332 | 28.1% | 5/31/2027 | Goodwill | 17,100 | 8.4% | 9/30/2025 | Walgreens | 14,490 | 7.1% |
28 | Loan | The Guardian Portfolio | Guardian Building Products, Inc. | 320,852 | 100.0% | 5/31/2038 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
28.01 | Property | Guardian - Dallas | Guardian Building Products, Inc. | 136,882 | 100.0% | 5/31/2038 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
28.02 | Property | Guardian - San Antonio | Guardian Building Products, Inc. | 104,000 | 100.0% | 5/31/2038 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
28.03 | Property | Guardian - Lubbock | Guardian Building Products, Inc. | 79,970 | 100.0% | 5/31/2038 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
29 | Loan | 1860 Howe Avenue | Elica Health Centers | 17,640 | 17.6% | Various | Von Housen Mercedes-Benz | 8,855 | 8.9% | 7/31/2021 | Tacket & Mull LLP | 5,908 | 5.9% |
30 | Loan | 19951 Mariner Ave | Evelozcity Inc. | 89,272 | 100.0% | 4/30/2033 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
31 | Loan | Four Points by Sheraton Louisville Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
32 | Loan | Stony Creek Marketplace | Best Buy | 31,004 | 15.1% | 1/31/2021 | TJ Maxx | 30,000 | 14.6% | 9/30/2023 | Home Goods | 28,444 | 13.9% |
33 | Loan | TownePlace Suites - Lombard, IL | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
34 | Loan | Mesa GSA | Immigration and Customs Enforcement | 25,588 | 62.2% | 12/29/2024 | US Forest Service | 15,539 | 37.8% | 11/14/2020 | N/A | N/A | N/A |
35 | Loan | Texas Colony Plaza | SCGM, Inc. | 42,183 | 76.7% | 9/30/2026 | Tuscany Village Salon | 7,598 | 13.8% | 12/31/2020 | Title Boxing Store | 5,241 | 9.5% |
36 | Loan | City Line Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
37 | Loan | Sugarman's Plaza | Midwood Distributors | 211,701 | 49.0% | 12/31/2037 | Flea Market | 90,805 | 21.0% | 12/31/2025 | AKSD Discount Stores | 81,942 | 19.0% |
38 | Loan | 910 South Broadway | Incipio d/b/a InCase | 6,633 | 25.7% | 11/30/2021 | DFM Group, LLC | 6,400 | 24.8% | 7/31/2020 | Mira Labs, Inc. | 3,200 | 12.4% |
39 | Loan | Vasa - Clinton | Vasa Fitness | 50,000 | 100.0% | 2/28/2033 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
40 | Loan | Highland Park 1 | Cookbook | 2,932 | 18.0% | 1/1/2023 | Linear Labs | 2,069 | 12.7% | 1,563 SF (9/30/2022); 506 SF (8/31/2022) | Home State | 2,061 | 12.7% |
41 | Loan | Mesa Commons | Goodwill | 41,650 | 46.0% | 1/31/2023 | Big Lots | 33,070 | 36.5% | 1/31/2022 | Harbor Freight | 15,776 | 17.4% |
42 | Loan | 137 N Virgil Avenue | Saban Community Clinic | 17,299 | 100.0% | 6/30/2028 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
43 | Loan | Lakeland Plaza Shopping Center | Ybor Cigars and Spirits | 8,000 | 12.4% | 2/28/2022 | Outback Steakhouse | 7,680 | 11.9% | 9/30/2025 | Thomason Furniture Connection | 7,200 | 11.2% |
44 | Loan | Bremen Crossing | Goody's | 15,919 | 36.7% | 1/31/2021 | Hibbett Sports | 5,000 | 11.5% | 9/30/2019 | Chopsticks | 3,904 | 9.0% |
45 | Loan | Northpointe Crossing | Save-A-Lot | 15,000 | 23.4% | 5/31/2023 | Harbor Freight Tools | 14,000 | 21.9% | 12/31/2020 | Family Dollar | 10,571 | 16.5% |
46 | Loan | IUP Pratt Studios | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
47 | Loan | All American Self Storage - Clarksville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
48 | Loan | Towne Center at Cypress Gardens | Mattress One | 2,847 | 13.2% | 10/31/2020 | Tips & Toes Nails Spa | 2,700 | 12.5% | 8/31/2021 | Saigon Garden | 2,444 | 11.3% |
A-1-5
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Third Largest Tenant Exp. Date(2) | Fourth Largest Tenant Name | Fourth Largest Tenant Sq. Ft. | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Exp. Date(2) | Fifth Largest Tenant Name(11)(13) | Fifth Largest Tenant Sq. Ft. | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Exp. Date(2) | Engineering Report Date | Environmental Report Date (Phase I)(18)(19) | Environmental Report Date (Phase II)(18)(19) | Seismic Report Date | Seismic PML % | Loan Purpose | Engineering Reserve / Deferred Maintenance | Initial Tax Reserve | |||||||||||||||||||||||||||||||||||||||||||
1 | Loan | 20 Times Square | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/8/2018 | 12/12/2017 | N/A | N/A | N/A | Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
2 | Loan | Riverfront Plaza | 6/30/2028 | ICMA Retirement Corporation | 55,491 | 5.8% | 5/31/2033 | Private Advisors, LLC | 23,626 | 2.5% | 2/29/2024 | 2/15/2018 | 2/14/2018 | N/A | N/A | N/A | Refinance | 14,300 | 1,083,451 | |||||||||||||||||||||||||||||||||||||||||||
3 | Loan | Torrance Technology Campus | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5/8/2018 | 8/14/2017 | N/A | 5/7/2018 | 16.0% | Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
4 | Loan | 5th Street Station | 1/31/2029 | Haverty Furniture Companies, Inc. | 34,449 | 7.6% | 10/31/2026 | Alamo Drafthouse Cinema Charlottesville, LLC | 33,765 | 7.5% | 7/31/2032 | 2/22/2018 | 2/23/2018 | N/A | N/A | N/A | Refinance | 76,635 | ||||||||||||||||||||||||||||||||||||||||||||
5 | Loan | Orlando Airport Marriott Lakeside | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/16/2018 | 4/16/2018 | N/A | N/A | N/A | Refinance | 35,075 | 537,945 | |||||||||||||||||||||||||||||||||||||||||||
6 | Loan | Travelers Tower I | 39,402 SF (4/30/2026); 6,346 SF(9/30/2018) | Equian, LLC | 24,354 | 5.1% | 8/31/2025 | Mortgage Center, L.C. | 21,692 | 4.6% | 12/31/2026 | 5/9/2018 | 5/11/2018 | N/A | N/A | N/A | Refinance | 474,418 | ||||||||||||||||||||||||||||||||||||||||||||
7 | Loan | Vista Station 8 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/16/2018 | 4/16/2018 | N/A | 4/16/2018 | 10.0% | Refinance | 227,700 | ||||||||||||||||||||||||||||||||||||||||||||
8 | Loan | AFIN Portfolio | Various | Various | Various | N/A | Various | Various | Various | N/A | Various | Various | Various | N/A | N/A | N/A | Recapitalization | 101,926 | 832,502 | |||||||||||||||||||||||||||||||||||||||||||
8.01 | Property | Montecito Crossing | 01/31/2020 | Pier 1 Imports | 10,800 | 6.0% | 02/29/2020 | Ulta | 10,400 | 5.8% | 02/28/2026 | 11/02/2017 | 11/02/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.02 | Property | Jefferson Commons | 05/31/2025 | MICHAELS STORES INC. | 17,005 | 8.3% | 03/31/2025 | SHOE CARNIVAL | 17,000 | 8.3% | 05/31/2025 | 10/31/2017 | 11/01/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.03 | Property | Best on the Boulevard | 01/31/2025 | Party City | 19,331 | 9.4% | 01/31/2024 | WSS | 9,985 | 4.9% | 08/31/2020 | 11/04/2017 | 11/02/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.04 | Property | Northpark Center | 05/31/2026 | PETSMART | 24,844 | 7.8% | 01/31/2025 | DOLLAR TREE | 11,550 | 3.6% | 03/31/2020 | 11/02/2017 | 11/02/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.05 | Property | Anderson Station | 01/31/2022 | Old Navy Clothing Co | 20,000 | 8.2% | 01/31/2022 | Party City #294 | 12,096 | 5.0% | 03/31/2022 | 11/01/2017 | 11/03/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.06 | Property | Cross Pointe Center | 04/30/2024 | SHOE CARNIVAL #207 | 17,317 | 7.7% | 01/31/2021 | ULTA BEAUTY #219 | 10,000 | 4.4% | 07/31/2028 | 11/03/2017 | 11/03/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.07 | Property | San Pedro Crossing | 01/31/2023 | OFFICE DEPOT | 21,075 | 10.2% | 12/31/2019 | CAVENDER'S BOOT CITY | 13,548 | 6.5% | 06/30/2022 | 11/02/2017 | 11/02/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.08 | Property | Riverbend Marketplace | 11/30/2019 | Rent-A-Center | 3,715 | 2.6% | 09/30/2022 | Catherine's #5557, LLC | 3,600 | 2.5% | 06/30/2020 | 10/30/2017 | 11/01/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.09 | Property | Shops at RiverGate South | 08/31/2024 | Pier 1 Imports | 9,500 | 6.8% | 08/31/2024 | Kirkland's | 7,623 | 5.4% | 01/31/2026 | 11/06/2017 | 11/03/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.10 | Property | Centennial Plaza | 10/31/2025 | FURNITURE BUY CONSIGNMENT C | 6,812 | 2.9% | 11/30/2020 | EYEMART EXPRESS | 5,400 | 2.3% | 01/31/2019 | 11/06/2017 | 11/06/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.11 | Property | Shoppes of West Melbourne | 08/31/2022 | OFFICE DEPOT | 19,187 | 13.3% | 03/31/2021 | Five Below | 7,815 | 5.4% | 07/31/2025 | 11/03/2017 | 11/03/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
8.12 | Property | North Lakeland Plaza | 01/31/2021 | Fantastic Sams | 2,560 | 1.5% | 06/30/2020 | The Teaching Store | 1,800 | 1.1% | 03/31/2020 | 11/01/2017 | 11/02/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
9 | Loan | Commons at Southtowne I | 1/31/2019 | DSW | 15,000 | 8.7% | 1/31/2024 | ULTA Beauty | 10,119 | 5.9% | 12/31/2028 | 4/11/2018 | 4/12/2018 | N/A | 4/11/2018 | 7.0% | Refinance | 64,987 | ||||||||||||||||||||||||||||||||||||||||||||
10 | Loan | Griffin Portfolio II | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/17/2018 | 4/17/2018 | N/A | N/A | N/A | Refinance | 90,000 | ||||||||||||||||||||||||||||||||||||||||||||
10.01 | Property | Southern Company Services Headquarters | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/17/2018 | 4/17/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/17/2018 | 4/17/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/17/2018 | 4/17/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
10.04 | Property | 3M Distribution Facility | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/17/2018 | 4/17/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11 | Loan | Premier Rochester Office Portfolio | Various | Various | Various | N/A | Various | Various | Various | N/A | Various | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | Refinance | 658,058 | ||||||||||||||||||||||||||||||||||||||||||||
11.01 | Property | 290 Woodcliff Drive | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.02 | Property | 255 Woodcliff Drive | 1/31/2022 | Lawrence J. Huh | 1,742 | 2.3% | 10/31/2024 | N/A | N/A | N/A | N/A | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.03 | Property | 370 Woodcliff Drive | 9/30/2021 | Pyramid Brokerage Company | 6,850 | 5.7% | 6/30/2023 | Lorraine's Lunch Basket | 5,522 | 4.6% | MTM | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.04 | Property | 375 Woodcliff Drive | 3/31/2020 | Stifel, Nicholaus & Company | 5,425 | 8.4% | 3/31/2022 | Microsoft Corp | 5,375 | 8.3% | 8/31/2027 | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.05 | Property | 295 Woodcliff Drive | 11/30/2019 | Tata Communications | 2,847 | 3.3% | 10/31/2019 | N/A | N/A | N/A | N/A | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.06 | Property | 345 Woodcliff Drive | 9/30/2021 | CableExpress Corporation | 4,483 | 6.0% | 4/25/2021 | Waddell & Reed | 3,978 | 5.3% | 5/31/2021 | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.07 | Property | 1000 Pittsford Victor Rd | 10/31/2019 | New Horizon Communications | 4,950 | 6.7% | 4/30/2019 | Elmwood Pediatric Group | 3,869 | 5.3% | 12/31/2018 | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
11.08 | Property | 1200 Pittsford Victor Rd | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3/22/2018 | 3/23/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12 | Loan | HTI Medical Office Portfolio | Various | Various | Various | N/A | Various | Various | Various | N/A | Various | 2/26/2018 | 2/26/2018 | N/A | Various | Various | Refinance | 254,604 | 909,185 | |||||||||||||||||||||||||||||||||||||||||||
12.01 | Property | Aurora Health Care Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.02 | Property | Laguna Professional Center | 2/28/2027 | Jorge Rico, DDS | 2,537 | 6.1% | 3/31/2024 | Mahmoud Khattab, MD | 1,934 | 4.6% | MTM | 2/26/2018 | 2/26/2018 | N/A | 2/26/2018 | 2.0% | ||||||||||||||||||||||||||||||||||||||||||||||
12.03 | Property | Woodlake Office Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.04 | Property | Northside Hospital Medical Office | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.05 | Property | Arrowhead Medical Plaza II | 1/31/2020 | Spine Institute of Arizona, PC | 3,199 | 6.7% | 1/31/2020 | North Valley Surgical Associat | 3,020 | 6.4% | 10/31/2023 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.06 | Property | High Desert Medical Group | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | 2/26/2018 | 10.0% | ||||||||||||||||||||||||||||||||||||||||||||||
12.07 | Property | 761 Building | 10/31/2027 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.08 | Property | Physicians Plaza of Roane County | 10/31/2021 | Tennessee Urology Associates | 3,456 | 8.1% | 7/31/2021 | Star Physical Therapy, LP | 3,379 | 7.9% | 6/30/2021 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.09 | Property | Mainland Medical Arts Pavilion | 9/30/2025 | Galveston Eye Group, P.A. | 2,237 | 6.6% | 9/11/2021 | Select Physical Therapy Texas | 1,857 | 5.4% | 4/30/2022 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.10 | Property | Presence Healing Arts Pavilion | 11/14/2023 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.11 | Property | Oak Lawn Medical Center | 1/31/2020 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.12 | Property | East Coast Square West | 10/16/2024 | Carolina Pain Center, P.C. | 3,198 | 8.5% | 10/21/2019 | Donna Michelle Gentry, DDS | 3,128 | 8.3% | 3/31/2020 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.13 | Property | Arrowhead Medical Plaza I | 2/28/2025 | David R. Hunter, D.D.S., PC | 2,005 | 5.9% | 6/30/2019 | Narinder Brar, D.O. | 1,592 | 4.7% | 2/28/2019 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.14 | Property | Morrow Medical Center | 12/31/2023 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.15 | Property | East Coast Square North | 2/28/2019 | Seashore Imaging, LLC | 2,616 | 8.6% | 10/21/2021 | Insurance Partners Consortium | 1,154 | 3.8% | 3/31/2020 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.16 | Property | Belmar Medical Building | 12/31/2018 | Levitin Dental Center, P.C. | 2,596 | 8.1% | 9/30/2018 | Associate Dental Professionals | 2,310 | 7.3% | 12/31/2018 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.17 | Property | Village Center Parkway | 12/31/2024 | Emory-Egleston Childrens Heart | 2,075 | 8.3% | 4/30/2020 | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.18 | Property | Sassafras Medical Building | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.19 | Property | Medical Center III | 1/31/2021 | ReveLution LLC | 1,896 | 6.6% | 5/31/2021 | Movement Lesson LLC | 1,553 | 5.4% | 1/31/2024 | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
12.20 | Property | Stockbridge Family Medical | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2/26/2018 | 2/26/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
13 | Loan | Throggs Neck Shopping Center | 1/31/2025 | BevMart Liquor | 6,643 | 5.6% | 4/30/2025 | Applebees | 6,640 | 5.6% | 10/31/2034 | 9/8/2017 | 9/8/2017 | N/A | N/A | N/A | Refinance | 359,386 | ||||||||||||||||||||||||||||||||||||||||||||
14 | Loan | Cedar Ridge | 6/30/2025 | Sotheby's Real Estate | 8,974 | 6.9% | 4/30/2024 | Value Scope | 6,460 | 5.0% | 3/31/2023 | 5/7/2018 | 5/7/2018 | N/A | N/A | N/A | Refinance | 262,741 | ||||||||||||||||||||||||||||||||||||||||||||
15 | Loan | Melbourne Hotel Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8/29/2017 | 8/17/2017 | N/A | N/A | N/A | Recapitalization | 1,256,239 | 52,759 | |||||||||||||||||||||||||||||||||||||||||||
15.01 | Property | Hilton Melbourne Beach Oceanfront | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8/29/2017 | 8/17/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
15.02 | Property | Doubletree Suites Melbourne Beach | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8/29/2017 | 8/17/2017 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
16 | Loan | Soho House Chicago | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1/3/2018 | 1/3/2018 | N/A | N/A | N/A | Acquisition | 74,028 | ||||||||||||||||||||||||||||||||||||||||||||
17 | Loan | 45-55 West 28th Street | 02/28/2019 | Cindy Sunglasses | 1,888 | 5.5% | 3/31/2019 | Bosfo Inc | 1,819 | 5.3% | 6/30/2019 | 3/21/2018 | 3/21/2018 | N/A | N/A | N/A | Refinance | 92,000 | 45,273 | |||||||||||||||||||||||||||||||||||||||||||
18 | Loan | DoubleTree Charlotte Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/4/2018 | 3/30/2018 | N/A | N/A | N/A | Refinance | 70,739 | ||||||||||||||||||||||||||||||||||||||||||||
19 | Loan | Henrietta Plaza | 6/30/2020 | Marketview Liquor, Inc. | 24,914 | 10.0% | 10/31/2023 | Guitar Center Stores Inc | 15,268 | 6.1% | 2/28/2025 | 3/1/2018 | 5/2/2017 | N/A | N/A | N/A | Refinance | 72,713 | 133,794 | |||||||||||||||||||||||||||||||||||||||||||
20 | Loan | Peninsula Town Center | 1/31/2028 | LensCrafters | 4,195 | 10.2% | 1/31/2020 | Mattress Firm | 4,010 | 9.8% | 12/31/2019 | 4/9/2018 | 4/10/2018 | N/A | N/A | N/A | Refinance | 6,898 | ||||||||||||||||||||||||||||||||||||||||||||
21 | Loan | AiNET - Beltsville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/20/2018 | 4/20/2018 | N/A | N/A | N/A | Refinance | 50,300 | 55,169 | |||||||||||||||||||||||||||||||||||||||||||
22 | Loan | Merge Carmel Valley | 8/14/2027 | Little Star Pediatric | 3,455 | 10.4% | 8/30/2027 | Pacific Dental Services, LLC | 3,256 | 9.8% | 3/31/2027 | 4/27/2018 | 4/27/2018 | N/A | 4/27/2018 | 4.0% | Refinance | 26,848 | ||||||||||||||||||||||||||||||||||||||||||||
23 | Loan | University Village | 10/31/2027 | The Habit Restaurants, LLC | 2,645 | 5.9% | 9/14/2027 | Starbucks | 1,879 | 4.2% | 8/31/2027 | 1/30/2018 | 1/30/2018 | N/A | 2/5/2018 | 12.0% | Refinance | |||||||||||||||||||||||||||||||||||||||||||||
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3/27/2018 | 3/26/2018 | N/A | N/A | N/A | Refinance | 100,979 | ||||||||||||||||||||||||||||||||||||||||||||
25 | Loan | Elms Hotel & Spa | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3/15/2018 | 3/16/2018 | N/A | N/A | N/A | Acquisition | 102,719 | 48,974 | |||||||||||||||||||||||||||||||||||||||||||
26 | Loan | 401 West 219th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/13/2018 | 5/3/2018 | N/A | N/A | N/A | Refinance | 36,375 | ||||||||||||||||||||||||||||||||||||||||||||
27 | Loan | Lee Harvard Shopping Center | 4/30/2027 | Cleveland Dental Institute | 11,999 | 5.9% | 12/31/2027 | Family Dollar | 11,091 | 5.4% | 12/31/2023 | 3/14/2018 | 3/13/2018 | N/A | N/A | N/A | Acquisition | 18,750 | ||||||||||||||||||||||||||||||||||||||||||||
28 | Loan | The Guardian Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/19/2018 | Various | N/A | N/A | N/A | Acquisition | 132,846 | 133,979 | |||||||||||||||||||||||||||||||||||||||||||
28.01 | Property | Guardian - Dallas | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/19/2018 | 5/31/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
28.02 | Property | Guardian - San Antonio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/19/2018 | 5/22/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
28.03 | Property | Guardian - Lubbock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/19/2018 | 5/22/2018 | N/A | N/A | N/A | ||||||||||||||||||||||||||||||||||||||||||||||
29 | Loan | 1860 Howe Avenue | 4/30/2019 | Hair Club for Men, LLC | 5,400 | 5.4% | 3/31/2021 | GSI | 4,948 | 4.9% | 11/30/2020 | 2/21/2018 | 2/22/2018 | N/A | 2/21/2018 | 8.0% | Refinance | 12,650 | 32,000 | |||||||||||||||||||||||||||||||||||||||||||
30 | Loan | 19951 Mariner Ave | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/2/2018 | 4/3/2018 | N/A | 4/3/2018 | 11.0% | Refinance | 174,938 | 39,801 | |||||||||||||||||||||||||||||||||||||||||||
31 | Loan | Four Points by Sheraton Louisville Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11/7/2017 | 11/7/2017 | N/A | N/A | N/A | Refinance | 48,327 | ||||||||||||||||||||||||||||||||||||||||||||
32 | Loan | Stony Creek Marketplace | 10/31/2023 | Barnes & Noble | 21,980 | 10.7% | 1/31/2021 | PetSmart | 20,122 | 9.8% | 1/31/2021 | 2/15/2018 | 2/15/2018 | N/A | N/A | N/A | Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
33 | Loan | TownePlace Suites - Lombard, IL | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3/29/2018 | 3/29/2018 | N/A | N/A | N/A | Refinance | |||||||||||||||||||||||||||||||||||||||||||||
34 | Loan | Mesa GSA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/16/2018 | 4/16/2018 | N/A | N/A | N/A | Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
35 | Loan | Texas Colony Plaza | 11/30/2019 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/26/2018 | 4/27/2018 | N/A | N/A | N/A | Refinance | 106,467 | ||||||||||||||||||||||||||||||||||||||||||||
36 | Loan | City Line Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3/15/2018 | 3/15/2018 | N/A | N/A | N/A | Refinance | 16,285 | ||||||||||||||||||||||||||||||||||||||||||||
37 | Loan | Sugarman's Plaza | 5/31/2021 | Tractor Supply | 35,602 | 8.2% | 6/30/2034 | Kost Tire | 4,684 | 1.1% | MTM | 5/14/2018 | 5/14/2018 | 5/11/2018 | N/A | N/A | Refinance | 134,375 | 68,147 | |||||||||||||||||||||||||||||||||||||||||||
38 | Loan | 910 South Broadway | 4/1/2023 | Tarina Tarantino Design | 3,200 | 12.4% | 1/1/2036 | N/A | N/A | N/A | N/A | 5/25/2018 | 4/10/2018 | N/A | 4/6/2018 | 18.0% | Refinance | 54,488 | 25,000 | |||||||||||||||||||||||||||||||||||||||||||
39 | Loan | Vasa - Clinton | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/13/2018 | 4/13/2018 | N/A | 4/13/2018 | 3.0% | Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
40 | Loan | Highland Park 1 | 1,848 SF (10/31/2027); 213 SF (11/30/2018) | Artform Hair salon | 1,539 | 9.5% | 6/30/2022 | Amigos Liquor | 1,427 | 8.8% | 4/30/2025 | 3/9/2018 | 3/9/2018 | N/A | 3/9/2018 | 17.0% | Refinance | 21,958 | ||||||||||||||||||||||||||||||||||||||||||||
41 | Loan | Mesa Commons | 07/31/2024 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/6/2018 | 4/5/2018 | N/A | N/A | N/A | Acquisition | |||||||||||||||||||||||||||||||||||||||||||||
42 | Loan | 137 N Virgil Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/27/2018 | 4/27/2018 | N/A | 4/27/2018 | 13.0% | Refinance | 20,399 | ||||||||||||||||||||||||||||||||||||||||||||
43 | Loan | Lakeland Plaza Shopping Center | 4/30/2021;7/31/2019 | Porter Paints | 4,250 | 6.6% | 9/30/2021 | Sumo Sushi | 3,000 | 4.7% | 6/30/2023 | 4/13/2018 | 4/13/2018 | N/A | N/A | N/A | Refinance | 15,375 | 58,500 | |||||||||||||||||||||||||||||||||||||||||||
44 | Loan | Bremen Crossing | 12/31/2020 | Juanito's Mexican Restaurant | 3,500 | 8.1% | 10/30/2026 | C&G Jewelry | 3,000 | 6.9% | 12/31/2018 | 5/7/2018 | 4/3/2018 | N/A | N/A | N/A | Refinance | 22,274 | ||||||||||||||||||||||||||||||||||||||||||||
45 | Loan | Northpointe Crossing | 6/30/2022 | Cycle Gear | 4,500 | 7.0% | 8/31/2020 | Children's Board of Family Resources | 4,500 | 7.0% | 4/30/2022 | 2/9/2018 | 2/9/2018 | N/A | N/A | N/A | Acquisition | 273,994 | 48,347 | |||||||||||||||||||||||||||||||||||||||||||
46 | Loan | IUP Pratt Studios | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/9/2018 | 4/9/2018 | N/A | N/A | N/A | Refinance | 28,107 | ||||||||||||||||||||||||||||||||||||||||||||
47 | Loan | All American Self Storage - Clarksville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4/10/2018 | 4/10/2018 | N/A | N/A | N/A | Acquisition | 16,174 | ||||||||||||||||||||||||||||||||||||||||||||
48 | Loan | Towne Center at Cypress Gardens | 6/30/2019 | Mariner Finance | 2,347 | 10.9% | 7/31/2020 | Tijuana Flats | 2,100 | 9.7% | 9/30/2022 | 4/13/2018 | 4/13/2018 | N/A | N/A | N/A | Refinance | 37,469 |
A-1-6
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Monthly Tax Reserve | Initial Insurance Reserve | Monthly Insurance Reserve | Initial Replacement Reserve | Monthly Replacement Reserve(17)(24) | Replacement Reserve Cap(24) | Initial TI/LC Reserve | Monthly TI/LC Reserve(15)(25) |
1 | Loan | 20 Times Square | N/A | |||||||
2 | Loan | Riverfront Plaza | 180,575 | 29,174 | 11,873 | N/A | 3,000,000 | |||
3 | Loan | Torrance Technology Campus | 9,600 | 345,586 | 474,867 | $47,998 (On the payment date occurring in July 2023, and on each payment date thereafter, borrowers shall pay to the lender and amount equal to one-twelfth of the product obtained by multiplying $1.00 by the aggregate number of rentable square feet of space in the property (initially $47,998) | ||||
4 | Loan | 5th Street Station | 76,635 | 84,914 | 7,529 | 271,036 | 22,586 | |||
5 | Loan | Orlando Airport Marriott Lakeside | 67,243 | 114,963 | N/A | |||||
6 | Loan | Travelers Tower I | 48,399 | 8,294 | 500,000 | 250,000 | 39,497 | |||
7 | Loan | Vista Station 8 | 32,529 | 16,734 | 2,092 | 1,936 | N/A | 12,904 | ||
8 | Loan | AFIN Portfolio | 355,956 | 203,509 | 43,761 | N/A | 798,196 | |||
8.01 | Property | Montecito Crossing | ||||||||
8.02 | Property | Jefferson Commons | ||||||||
8.03 | Property | Best on the Boulevard | ||||||||
8.04 | Property | Northpark Center | ||||||||
8.05 | Property | Anderson Station | ||||||||
8.06 | Property | Cross Pointe Center | ||||||||
8.07 | Property | San Pedro Crossing | ||||||||
8.08 | Property | Riverbend Marketplace | ||||||||
8.09 | Property | Shops at RiverGate South | ||||||||
8.10 | Property | Centennial Plaza | ||||||||
8.11 | Property | Shoppes of West Melbourne | ||||||||
8.12 | Property | North Lakeland Plaza | ||||||||
9 | Loan | Commons at Southtowne I | 7,557 | 19,410 | 2,941 | 2,159 | N/A | 1,500,000 | ||
10 | Loan | Griffin Portfolio II | 45,000 | Various | ||||||
10.01 | Property | Southern Company Services Headquarters | ||||||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | ||||||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | ||||||||
10.04 | Property | 3M Distribution Facility | ||||||||
11 | Loan | Premier Rochester Office Portfolio | 99,706 | 88,746 | 9,244 | 10,173 | N/A | 50,865 | ||
11.01 | Property | 290 Woodcliff Drive | ||||||||
11.02 | Property | 255 Woodcliff Drive | ||||||||
11.03 | Property | 370 Woodcliff Drive | ||||||||
11.04 | Property | 375 Woodcliff Drive | ||||||||
11.05 | Property | 295 Woodcliff Drive | ||||||||
11.06 | Property | 345 Woodcliff Drive | ||||||||
11.07 | Property | 1000 Pittsford Victor Rd | ||||||||
11.08 | Property | 1200 Pittsford Victor Rd | ||||||||
12 | Loan | HTI Medical Office Portfolio | 210,796 | N/A | 2,750,000 | |||||
12.01 | Property | Aurora Health Care Center | ||||||||
12.02 | Property | Laguna Professional Center | ||||||||
12.03 | Property | Woodlake Office Center | ||||||||
12.04 | Property | Northside Hospital Medical Office | ||||||||
12.05 | Property | Arrowhead Medical Plaza II | ||||||||
12.06 | Property | High Desert Medical Group | ||||||||
12.07 | Property | 761 Building | ||||||||
12.08 | Property | Physicians Plaza of Roane County | ||||||||
12.09 | Property | Mainland Medical Arts Pavilion | ||||||||
12.10 | Property | Presence Healing Arts Pavilion | ||||||||
12.11 | Property | Oak Lawn Medical Center | ||||||||
12.12 | Property | East Coast Square West | ||||||||
12.13 | Property | Arrowhead Medical Plaza I | ||||||||
12.14 | Property | Morrow Medical Center | ||||||||
12.15 | Property | East Coast Square North | ||||||||
12.16 | Property | Belmar Medical Building | ||||||||
12.17 | Property | Village Center Parkway | ||||||||
12.18 | Property | Sassafras Medical Building | ||||||||
12.19 | Property | Medical Center III | ||||||||
12.20 | Property | Stockbridge Family Medical | ||||||||
13 | Loan | Throggs Neck Shopping Center | 93,951 | 11,022 | 1,490 | 72,000 | 450,000 | Springing | ||
14 | Loan | Cedar Ridge | 37,534 | 27,201 | 3,400 | 2,156 | N/A | 500,000 | 5,389 | |
15 | Loan | Melbourne Hotel Portfolio | 26,379 | 116,663 | 4.0% of actual rents for the second prior month | N/A | ||||
15.01 | Property | Hilton Melbourne Beach Oceanfront | ||||||||
15.02 | Property | Doubletree Suites Melbourne Beach | ||||||||
16 | Loan | Soho House Chicago | 106,410 | 1,700 | 40,808 | |||||
17 | Loan | 45-55 West 28th Street | 36,737 | 48,631 | 4,863 | 665 | N/A | 5,159 | ||
18 | Loan | DoubleTree Charlotte Airport | 13,474 | 10,061 | 3,194 | 23,977 | N/A | |||
19 | Loan | Henrietta Plaza | 42,519 | 11,841 | 2,960 | 4,280 | 4,280 | N/A | 17,594 | 17,594 |
20 | Loan | Peninsula Town Center | 13,725 | 5,184 | 1,172 | 513 | 30,780 | 3,483 | ||
21 | Loan | AiNET - Beltsville | 5,517 | 200,000 | 732 | N/A | ||||
22 | Loan | Merge Carmel Valley | 7,458 | 6,635 | 1,185 | 691 | N/A | 6,912 | ||
23 | Loan | University Village | 12,888 | 921 | 742 | N/A | 257,213 | 3,710 | ||
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | 25,245 | 5,442 | 14,206 | N/A | ||||
25 | Loan | Elms Hotel & Spa | 8,162 | 10,204 | 5,102 | 1,651,732 | Initially $21,611 (3% of Gross Revenues months 1-12, 4% Gross Revenues months 13-24, 5% Gross Revenues months 25-36, and 6% Gross Revenues months 37-60.) | N/A | ||
26 | Loan | 401 West 219th Street | N/A | |||||||
27 | Loan | Lee Harvard Shopping Center | 39,667 | 11,913 | 5,956 | 2,548 | 75,000 | 350,000 | 16,988 | |
28 | Loan | The Guardian Portfolio | 20,300 | N/A | ||||||
28.01 | Property | Guardian - Dallas | ||||||||
28.02 | Property | Guardian - San Antonio | ||||||||
28.03 | Property | Guardian - Lubbock | ||||||||
29 | Loan | 1860 Howe Avenue | 8,000 | 5,833 | 1,458 | 2,166 | N/A | 8,322 | ||
30 | Loan | 19951 Mariner Ave | 15,308 | 1,488 | 89,272 | 3,720 | ||||
31 | Loan | Four Points by Sheraton Louisville Airport | 8,054 | 19,853 | 2,836 | 13,641 | N/A | |||
32 | Loan | Stony Creek Marketplace | 56,014 | 11,114 | 3,705 | 4,161 | 99,863 | 750,000 | 17,068 | |
33 | Loan | TownePlace Suites - Lombard, IL | 3,591 | 326 | 1,654,759 | N/A | ||||
34 | Loan | Mesa GSA | 3,066 | 1,533 | 1,165 | N/A | 250,000 | |||
35 | Loan | Texas Colony Plaza | 16,131 | 34,133 | 927 | N/A | 3,476 | |||
36 | Loan | City Line Apartments | 8,143 | 60,327 | 20,109 | 5,000 | N/A | |||
37 | Loan | Sugarman's Plaza | 8,518 | 9,387 | 4,693 | 10,804 | N/A | 7,202 | ||
38 | Loan | 910 South Broadway | 5,000 | 1,117 | 558 | 344 | N/A | 175,000 | 2,153 | |
39 | Loan | Vasa - Clinton | 834 | N/A | 2,710 | |||||
40 | Loan | Highland Park 1 | 4,392 | 7,826 | 783 | 271 | 9,760 | 1,356 | ||
41 | Loan | Mesa Commons | N/A | |||||||
42 | Loan | 137 N Virgil Avenue | 3,643 | 3,164 | 240 | 216 | 12,974 | 721 | ||
43 | Loan | Lakeland Plaza Shopping Center | 6,500 | 17,527 | 1,461 | 804 | N/A | 100,000 | ||
44 | Loan | Bremen Crossing | 3,030 | 7,858 | 1,247 | 542 | N/A | 160,000 | ||
45 | Loan | Northpointe Crossing | 6,907 | 22,974 | 2,499 | 1,067 | N/A | 200,000 | ||
46 | Loan | IUP Pratt Studios | 4,685 | 26,691 | 2,780 | 32,000 | 1,286 | N/A | ||
47 | Loan | All American Self Storage - Clarksville | 2,888 | 3,077 | 923 | 798 | N/A | |||
48 | Loan | Towne Center at Cypress Gardens | 4,163 | 9,231 | 769 | 1,154 | N/A | 100,000 | 1,799 |
A-1-7
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | TI/LC Reserve Cap(25) | Other Reserve Reserve Description(14)(16)(21)(26) | Initial Other Reserve(14)(16)(26)(29) | Monthly Other Reserve(16)(21) |
1 | Loan | 20 Times Square | N/A | N/A | ||
2 | Loan | Riverfront Plaza | N/A | Free Rent Reserve ($55,264); Initial TI/LC Reserve ($7,548,734) | 7,603,998 | |
3 | Loan | Torrance Technology Campus | 1,439,940 | N/A | ||
4 | Loan | 5th Street Station | 813,109 | Rent Concession Reserve ($510,771.69); Unfunded Obligations Reserve ($633,525.71); Holdback Reserve Fund ($7,500,000) | 8,644,297 | |
5 | Loan | Orlando Airport Marriott Lakeside | N/A | PIP Reserve ($217,000); Seasonality Working Capital Reserve ($300,000) | 517,000 | Seasonality Working Capital Reserve: $100,000 (Commencing on the February 2019 payment and on each Payment Date thereafter a $100,000 monthly escrow payment shall be made into the Seasonality Reserve.) |
6 | Loan | Travelers Tower I | 3,000,000 | Outstanding Tenant Allowance | 1,267,691 | |
7 | Loan | Vista Station 8 | N/A | Secuirty Deposit Reserve | 361,538 | |
8 | Loan | AFIN Portfolio | N/A | Free Rent/Advance Rent Reserve | 154,430 | |
8.01 | Property | Montecito Crossing | ||||
8.02 | Property | Jefferson Commons | ||||
8.03 | Property | Best on the Boulevard | ||||
8.04 | Property | Northpark Center | ||||
8.05 | Property | Anderson Station | ||||
8.06 | Property | Cross Pointe Center | ||||
8.07 | Property | San Pedro Crossing | ||||
8.08 | Property | Riverbend Marketplace | ||||
8.09 | Property | Shops at RiverGate South | ||||
8.10 | Property | Centennial Plaza | ||||
8.11 | Property | Shoppes of West Melbourne | ||||
8.12 | Property | North Lakeland Plaza | ||||
9 | Loan | Commons at Southtowne I | N/A | N/A | ||
10 | Loan | Griffin Portfolio II | Various | Unfunded Obligations Account | 1,900,229 | |
10.01 | Property | Southern Company Services Headquarters | ||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | ||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | ||||
10.04 | Property | 3M Distribution Facility | ||||
11 | Loan | Premier Rochester Office Portfolio | N/A | Unfunded Tenant Obligations Reserve | 723,546 | |
11.01 | Property | 290 Woodcliff Drive | ||||
11.02 | Property | 255 Woodcliff Drive | ||||
11.03 | Property | 370 Woodcliff Drive | ||||
11.04 | Property | 375 Woodcliff Drive | ||||
11.05 | Property | 295 Woodcliff Drive | ||||
11.06 | Property | 345 Woodcliff Drive | ||||
11.07 | Property | 1000 Pittsford Victor Rd | ||||
11.08 | Property | 1200 Pittsford Victor Rd | ||||
12 | Loan | HTI Medical Office Portfolio | 2,000,000 | East Carolina Holdback Reserve ($146,500); Ground Lease Reserve ($31,166.67) | 177,667 | 15,583 |
12.01 | Property | Aurora Health Care Center | ||||
12.02 | Property | Laguna Professional Center | ||||
12.03 | Property | Woodlake Office Center | ||||
12.04 | Property | Northside Hospital Medical Office | ||||
12.05 | Property | Arrowhead Medical Plaza II | ||||
12.06 | Property | High Desert Medical Group | ||||
12.07 | Property | 761 Building | ||||
12.08 | Property | Physicians Plaza of Roane County | ||||
12.09 | Property | Mainland Medical Arts Pavilion | ||||
12.10 | Property | Presence Healing Arts Pavilion | ||||
12.11 | Property | Oak Lawn Medical Center | ||||
12.12 | Property | East Coast Square West | ||||
12.13 | Property | Arrowhead Medical Plaza I | ||||
12.14 | Property | Morrow Medical Center | ||||
12.15 | Property | East Coast Square North | ||||
12.16 | Property | Belmar Medical Building | ||||
12.17 | Property | Village Center Parkway | ||||
12.18 | Property | Sassafras Medical Building | ||||
12.19 | Property | Medical Center III | ||||
12.20 | Property | Stockbridge Family Medical | ||||
13 | Loan | Throggs Neck Shopping Center | 477,000 | Free Rent Reserve | 82,749 | 41,025 |
14 | Loan | Cedar Ridge | N/A | ASH TI & Free Rent Reserve ($1,009,406); Coldwell Bank Reserve ($2,750,000) | 3,759,406 | |
15 | Loan | Melbourne Hotel Portfolio | N/A | N/A | ||
15.01 | Property | Hilton Melbourne Beach Oceanfront | ||||
15.02 | Property | Doubletree Suites Melbourne Beach | ||||
16 | Loan | Soho House Chicago | N/A | N/A | ||
17 | Loan | 45-55 West 28th Street | 243,148 | N/A | ||
18 | Loan | DoubleTree Charlotte Airport | N/A | PIP & Guest Room Case Goods Reserve | 1,701,887 | |
19 | Loan | Henrietta Plaza | N/A | Rent Concession Reserve | 44,066 | |
20 | Loan | Peninsula Town Center | 208,960 | CDA Assessment Reserve ($23,519); JCP Reserve Funds ($500,000) | 523,519 | |
21 | Loan | AiNET - Beltsville | N/A | N/A | ||
22 | Loan | Merge Carmel Valley | 414,738 | Unfunded Tenant Obligations Reserve | 234,136 | |
23 | Loan | University Village | 133,567 | N/A | 40,665 | |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | Seasonality Reserve | 50,000 | (A) On or before July 6 of each calendar year, Borrower shall deliver to Lender a trailing twelve (12) month operating statement (i.e., from June of the prior calendar year through May of the current year) that includes a monthly calculation of the Shortfall applicable to such month and (B) Borrower shall, in its discretion, either (y) make one or more additional deposits with Lender (if required) on or before the Payment Date that occurs in July of each calendar year such that the balance maintained hereunder is no less than the lesser of the annual Shortfall (based on the operating statement referenced above) or an amount equal to the Required Seasonality Reserve Amount ($50,000). |
25 | Loan | Elms Hotel & Spa | N/A | N/A | ||
26 | Loan | 401 West 219th Street | N/A | N/A | ||
27 | Loan | Lee Harvard Shopping Center | 350,000 | Cleveland Dental TI Reserve | 64,759 | |
28 | Loan | The Guardian Portfolio | N/A | N/A | ||
28.01 | Property | Guardian - Dallas | ||||
28.02 | Property | Guardian - San Antonio | ||||
28.03 | Property | Guardian - Lubbock | ||||
29 | Loan | 1860 Howe Avenue | N/A | Broderick's Lease Rollover Reserve ($573,546); Broderick's Free Rent Reserve ($115,500); Salon 701 Free Rent Reserve ($13,774); Ann Phoong Free Rent Reserve ($6,454); Elica Health Centers Free Rent Reserve ($32,985); Collateral Reserve ($235,000) | 977,259 | |
30 | Loan | 19951 Mariner Ave | N/A | N/A | ||
31 | Loan | Four Points by Sheraton Louisville Airport | N/A | Seasonality Capital Working Reserve | 103,000 | |
32 | Loan | Stony Creek Marketplace | 750,000 | N/A | ||
33 | Loan | TownePlace Suites - Lombard, IL | N/A | PIP Reserve | ||
34 | Loan | Mesa GSA | N/A | Ground Lease Deposit | 19,826 | |
35 | Loan | Texas Colony Plaza | N/A | N/A | ||
36 | Loan | City Line Apartments | N/A | BI Reserve | 1,000,000 | |
37 | Loan | Sugarman's Plaza | N/A | Roof Repair Reserve ($84,000); Lease Renewal Reserve ($325,000) | 409,000 | $8333.33 for first 78 months; $1,800.59 for full term |
38 | Loan | 910 South Broadway | 175,000 | Collateral Reserve Deposit; Abated Rent Reserve Deposit | 1,033,946 | |
39 | Loan | Vasa - Clinton | N/A | N/A | ||
40 | Loan | Highland Park 1 | N/A | N/A | ||
41 | Loan | Mesa Commons | N/A | N/A | ||
42 | Loan | 137 N Virgil Avenue | N/A | Unfunded Obligations Funds | 273,590 | |
43 | Loan | Lakeland Plaza Shopping Center | 100,000 | N/A | ||
44 | Loan | Bremen Crossing | 160,000 | N/A | ||
45 | Loan | Northpointe Crossing | N/A | N/A | ||
46 | Loan | IUP Pratt Studios | N/A | N/A | ||
47 | Loan | All American Self Storage - Clarksville | N/A | N/A | ||
48 | Loan | Towne Center at Cypress Gardens | 100,000 | N/A |
A-1-8
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Other Reserve Cap(16) | Ownership Interest(7)(8)(9) | Ground Lease Initial Expiration Date(8)(9) | Ground Lease Extension Options(9) | Lockbox | Cash Management |
1 | Loan | 20 Times Square | N/A | Fee Simple | N/A | N/A | Hard | In Place |
2 | Loan | Riverfront Plaza | N/A | Fee Simple | N/A | N/A | Hard | In Place |
3 | Loan | Torrance Technology Campus | N/A | Fee Simple | N/A | N/A | Hard | Springing |
4 | Loan | 5th Street Station | N/A | Fee Simple | N/A | N/A | Hard | Springing |
5 | Loan | Orlando Airport Marriott Lakeside | Seasonality Working Capital Reserve Cap ($500,000) | Fee Simple | N/A | N/A | Hard | Springing |
6 | Loan | Travelers Tower I | N/A | Fee Simple | N/A | N/A | Springing | Springing |
7 | Loan | Vista Station 8 | N/A | Fee Simple | N/A | N/A | Hard | Springing |
8 | Loan | AFIN Portfolio | N/A | Fee Simple | N/A | N/A | Hard | Springing |
8.01 | Property | Montecito Crossing | Fee Simple | N/A | N/A | |||
8.02 | Property | Jefferson Commons | Fee Simple | N/A | N/A | |||
8.03 | Property | Best on the Boulevard | Fee Simple | N/A | N/A | |||
8.04 | Property | Northpark Center | Fee Simple | N/A | N/A | |||
8.05 | Property | Anderson Station | Fee Simple | N/A | N/A | |||
8.06 | Property | Cross Pointe Center | Fee Simple | N/A | N/A | |||
8.07 | Property | San Pedro Crossing | Fee Simple | N/A | N/A | |||
8.08 | Property | Riverbend Marketplace | Fee Simple | N/A | N/A | |||
8.09 | Property | Shops at RiverGate South | Fee Simple | N/A | N/A | |||
8.10 | Property | Centennial Plaza | Fee Simple | N/A | N/A | |||
8.11 | Property | Shoppes of West Melbourne | Fee Simple | N/A | N/A | |||
8.12 | Property | North Lakeland Plaza | Fee Simple | N/A | N/A | |||
9 | Loan | Commons at Southtowne I | N/A | Fee Simple | N/A | N/A | Springing | Springing |
10 | Loan | Griffin Portfolio II | N/A | Fee Simple | N/A | N/A | Hard | Springing |
10.01 | Property | Southern Company Services Headquarters | Fee Simple | N/A | N/A | |||
10.02 | Property | Amazon.com Sortable Fulfillment Center | Fee Simple | N/A | N/A | |||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | Fee Simple | N/A | N/A | |||
10.04 | Property | 3M Distribution Facility | Fee Simple | N/A | N/A | |||
11 | Loan | Premier Rochester Office Portfolio | N/A | Fee Simple | N/A | N/A | Hard | Springing |
11.01 | Property | 290 Woodcliff Drive | Fee Simple | N/A | N/A | |||
11.02 | Property | 255 Woodcliff Drive | Fee Simple | N/A | N/A | |||
11.03 | Property | 370 Woodcliff Drive | Fee Simple | N/A | N/A | |||
11.04 | Property | 375 Woodcliff Drive | Fee Simple | N/A | N/A | |||
11.05 | Property | 295 Woodcliff Drive | Fee Simple | N/A | N/A | |||
11.06 | Property | 345 Woodcliff Drive | Fee Simple | N/A | N/A | |||
11.07 | Property | 1000 Pittsford Victor Rd | Fee Simple | N/A | N/A | |||
11.08 | Property | 1200 Pittsford Victor Rd | Fee Simple | N/A | N/A | |||
12 | Loan | HTI Medical Office Portfolio | N/A | Various | Various | Various | Hard | Springing |
12.01 | Property | Aurora Health Care Center | Fee Simple | N/A | N/A | |||
12.02 | Property | Laguna Professional Center | Fee Simple | N/A | N/A | |||
12.03 | Property | Woodlake Office Center | Fee Simple | N/A | N/A | |||
12.04 | Property | Northside Hospital Medical Office | Fee Simple | N/A | N/A | |||
12.05 | Property | Arrowhead Medical Plaza II | Leasehold | 7/25/2095 | No extension options | |||
12.06 | Property | High Desert Medical Group | Fee Simple | N/A | N/A | |||
12.07 | Property | 761 Building | Fee Simple | N/A | N/A | |||
12.08 | Property | Physicians Plaza of Roane County | Fee Simple | N/A | N/A | |||
12.09 | Property | Mainland Medical Arts Pavilion | Fee Simple | N/A | N/A | |||
12.10 | Property | Presence Healing Arts Pavilion | Leasehold | 10/19/2061 | 2, 25-year options | |||
12.11 | Property | Oak Lawn Medical Center | Fee Simple | N/A | N/A | |||
12.12 | Property | East Coast Square West | Fee Simple | N/A | N/A | |||
12.13 | Property | Arrowhead Medical Plaza I | Leasehold | 7/25/2095 | No extension options | |||
12.14 | Property | Morrow Medical Center | Fee Simple | N/A | N/A | |||
12.15 | Property | East Coast Square North | Fee Simple | N/A | N/A | |||
12.16 | Property | Belmar Medical Building | Fee Simple | N/A | N/A | |||
12.17 | Property | Village Center Parkway | Fee Simple | N/A | N/A | |||
12.18 | Property | Sassafras Medical Building | Fee Simple | N/A | N/A | |||
12.19 | Property | Medical Center III | Fee Simple | N/A | N/A | |||
12.20 | Property | Stockbridge Family Medical | Fee Simple | N/A | N/A | |||
13 | Loan | Throggs Neck Shopping Center | N/A | Fee Simple | N/A | N/A | Hard | Springing |
14 | Loan | Cedar Ridge | N/A | Fee Simple | N/A | N/A | Hard | Springing |
15 | Loan | Melbourne Hotel Portfolio | N/A | Fee Simple | N/A | N/A | Hard | Springing |
15.01 | Property | Hilton Melbourne Beach Oceanfront | Fee Simple | N/A | N/A | |||
15.02 | Property | Doubletree Suites Melbourne Beach | Fee Simple | N/A | N/A | |||
16 | Loan | Soho House Chicago | N/A | Fee Simple | N/A | N/A | Hard | Springing |
17 | Loan | 45-55 West 28th Street | N/A | Fee Simple | N/A | N/A | Hard | Springing |
18 | Loan | DoubleTree Charlotte Airport | N/A | Fee Simple | N/A | N/A | Hard | Springing |
19 | Loan | Henrietta Plaza | N/A | Fee Simple | N/A | N/A | Hard | Springing |
20 | Loan | Peninsula Town Center | N/A | Fee Simple | N/A | N/A | Springing | Springing |
21 | Loan | AiNET - Beltsville | N/A | Fee Simple | N/A | N/A | Hard | Springing |
22 | Loan | Merge Carmel Valley | N/A | Fee Simple | N/A | N/A | Springing | Springing |
23 | Loan | University Village | N/A | Leasehold | 4/25/2092 | N/A | Hard | Springing |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | Fee Simple | N/A | N/A | Springing | Springing |
25 | Loan | Elms Hotel & Spa | N/A | Fee Simple | N/A | N/A | Hard | Springing |
26 | Loan | 401 West 219th Street | N/A | Fee Simple | N/A | N/A | Springing | Springing |
27 | Loan | Lee Harvard Shopping Center | N/A | Fee Simple | N/A | N/A | Hard | Springing |
28 | Loan | The Guardian Portfolio | N/A | Fee Simple | N/A | N/A | Hard | In Place |
28.01 | Property | Guardian - Dallas | Fee Simple | N/A | N/A | |||
28.02 | Property | Guardian - San Antonio | Fee Simple | N/A | N/A | |||
28.03 | Property | Guardian - Lubbock | Fee Simple | N/A | N/A | |||
29 | Loan | 1860 Howe Avenue | N/A | Fee Simple | N/A | N/A | Springing | Springing |
30 | Loan | 19951 Mariner Ave | N/A | Fee Simple | N/A | N/A | Hard | Springing |
31 | Loan | Four Points by Sheraton Louisville Airport | N/A | Fee Simple | N/A | N/A | Springing | Springing |
32 | Loan | Stony Creek Marketplace | N/A | Fee Simple | N/A | N/A | Hard | Springing |
33 | Loan | TownePlace Suites - Lombard, IL | N/A | Fee Simple | N/A | N/A | Hard | Springing |
34 | Loan | Mesa GSA | N/A | Leasehold | 10/31/2053 | N/A | Springing | Springing |
35 | Loan | Texas Colony Plaza | N/A | Fee Simple | N/A | N/A | Hard | Springing |
36 | Loan | City Line Apartments | N/A | Fee Simple | N/A | N/A | Springing | Springing |
37 | Loan | Sugarman's Plaza | Specified Cash Reserve Subaccount ($650,000) | Fee Simple | N/A | N/A | Hard | Springing |
38 | Loan | 910 South Broadway | N/A | Fee Simple | N/A | N/A | Hard | Springing |
39 | Loan | Vasa - Clinton | N/A | Fee Simple | N/A | N/A | Hard | Springing |
40 | Loan | Highland Park 1 | N/A | Fee Simple | N/A | N/A | Hard | Springing |
41 | Loan | Mesa Commons | N/A | Fee Simple | N/A | N/A | Springing | Springing |
42 | Loan | 137 N Virgil Avenue | N/A | Fee Simple | N/A | N/A | Hard | Springing |
43 | Loan | Lakeland Plaza Shopping Center | N/A | Fee Simple | N/A | N/A | Springing | Springing |
44 | Loan | Bremen Crossing | N/A | Fee Simple | N/A | N/A | Springing | Springing |
45 | Loan | Northpointe Crossing | N/A | Fee Simple | N/A | N/A | Hard | Springing |
46 | Loan | IUP Pratt Studios | If at any time, the amount in the Seasonality Funds on deposit in the Seasonality Account subsequently falls below the Seasonality Funds Cap, Borrower shall resume depositing the Monthly Net Cash Flow with Lender, until such time as the amount on deposit in the Seasonality Account equals the Seasonality Funds Cap. | Fee Simple | N/A | N/A | Hard | Springing |
47 | Loan | All American Self Storage - Clarksville | N/A | Fee Simple | N/A | N/A | Springing | Springing |
48 | Loan | Towne Center at Cypress Gardens | N/A | Fee Simple | N/A | N/A | Springing | Springing |
A-1-9
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Cut-off Date Pari Passu Mortgage Debt Balance | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance(20) | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR(27) | Total Debt UW NOI Debt Yield | Future Secured Subordinate Debt (Y/N) | Conditions for Future Secured Subordinate Debt | Lender Consent Required for Future Secured Subordinate Debt (Y/N) | Future Mezzanine Debt Permitted (Y/N)(20) |
1 | Loan | 20 Times Square | 215,000,000 | 485,000,000 | 46% | 1.29 | 4.1% | 150,000,000 | 55.0% | 0.97 | 3.4% | No | N/A | N/A | No |
2 | Loan | Riverfront Plaza | 95,818,927 | N/A | N/A | N/A | N/A | 24,952,846 | 85.0% | 1.13 | 8.5% | No | N/A | N/A | No |
3 | Loan | Torrance Technology Campus | 53,750,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | Yes |
4 | Loan | 5th Street Station | 9,000,000 | 38,300,000 | 52% | 1.63 | 9.7% | 21,700,000 | 67.3% | 1.01 | 7.5% | No | N/A | N/A | No |
5 | Loan | Orlando Airport Marriott Lakeside | 36,943,828 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
6 | Loan | Travelers Tower I | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
7 | Loan | Vista Station 8 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
8 | Loan | AFIN Portfolio | 180,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
8.01 | Property | Montecito Crossing | |||||||||||||
8.02 | Property | Jefferson Commons | |||||||||||||
8.03 | Property | Best on the Boulevard | |||||||||||||
8.04 | Property | Northpark Center | |||||||||||||
8.05 | Property | Anderson Station | |||||||||||||
8.06 | Property | Cross Pointe Center | |||||||||||||
8.07 | Property | San Pedro Crossing | |||||||||||||
8.08 | Property | Riverbend Marketplace | |||||||||||||
8.09 | Property | Shops at RiverGate South | |||||||||||||
8.10 | Property | Centennial Plaza | |||||||||||||
8.11 | Property | Shoppes of West Melbourne | |||||||||||||
8.12 | Property | North Lakeland Plaza | |||||||||||||
9 | Loan | Commons at Southtowne I | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
10 | Loan | Griffin Portfolio II | 225,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
10.01 | Property | Southern Company Services Headquarters | |||||||||||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | |||||||||||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | |||||||||||||
10.04 | Property | 3M Distribution Facility | |||||||||||||
11 | Loan | Premier Rochester Office Portfolio | 30,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | Yes |
11.01 | Property | 290 Woodcliff Drive | |||||||||||||
11.02 | Property | 255 Woodcliff Drive | |||||||||||||
11.03 | Property | 370 Woodcliff Drive | |||||||||||||
11.04 | Property | 375 Woodcliff Drive | |||||||||||||
11.05 | Property | 295 Woodcliff Drive | |||||||||||||
11.06 | Property | 345 Woodcliff Drive | |||||||||||||
11.07 | Property | 1000 Pittsford Victor Rd | |||||||||||||
11.08 | Property | 1200 Pittsford Victor Rd | |||||||||||||
12 | Loan | HTI Medical Office Portfolio | 95,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
12.01 | Property | Aurora Health Care Center | |||||||||||||
12.02 | Property | Laguna Professional Center | |||||||||||||
12.03 | Property | Woodlake Office Center | |||||||||||||
12.04 | Property | Northside Hospital Medical Office | |||||||||||||
12.05 | Property | Arrowhead Medical Plaza II | |||||||||||||
12.06 | Property | High Desert Medical Group | |||||||||||||
12.07 | Property | 761 Building | |||||||||||||
12.08 | Property | Physicians Plaza of Roane County | |||||||||||||
12.09 | Property | Mainland Medical Arts Pavilion | |||||||||||||
12.10 | Property | Presence Healing Arts Pavilion | |||||||||||||
12.11 | Property | Oak Lawn Medical Center | |||||||||||||
12.12 | Property | East Coast Square West | |||||||||||||
12.13 | Property | Arrowhead Medical Plaza I | |||||||||||||
12.14 | Property | Morrow Medical Center | |||||||||||||
12.15 | Property | East Coast Square North | |||||||||||||
12.16 | Property | Belmar Medical Building | |||||||||||||
12.17 | Property | Village Center Parkway | |||||||||||||
12.18 | Property | Sassafras Medical Building | |||||||||||||
12.19 | Property | Medical Center III | |||||||||||||
12.20 | Property | Stockbridge Family Medical | |||||||||||||
13 | Loan | Throggs Neck Shopping Center | 45,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
14 | Loan | Cedar Ridge | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
15 | Loan | Melbourne Hotel Portfolio | 34,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
15.01 | Property | Hilton Melbourne Beach Oceanfront | |||||||||||||
15.02 | Property | Doubletree Suites Melbourne Beach | |||||||||||||
16 | Loan | Soho House Chicago | 40,000,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
17 | Loan | 45-55 West 28th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
18 | Loan | DoubleTree Charlotte Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
19 | Loan | Henrietta Plaza | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
20 | Loan | Peninsula Town Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
21 | Loan | AiNET - Beltsville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
22 | Loan | Merge Carmel Valley | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
23 | Loan | University Village | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
25 | Loan | Elms Hotel & Spa | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
26 | Loan | 401 West 219th Street | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
27 | Loan | Lee Harvard Shopping Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
28 | Loan | The Guardian Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
28.01 | Property | Guardian - Dallas | |||||||||||||
28.02 | Property | Guardian - San Antonio | |||||||||||||
28.03 | Property | Guardian - Lubbock | |||||||||||||
29 | Loan | 1860 Howe Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
30 | Loan | 19951 Mariner Ave | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
31 | Loan | Four Points by Sheraton Louisville Airport | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
32 | Loan | Stony Creek Marketplace | 13,600,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
33 | Loan | TownePlace Suites - Lombard, IL | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
34 | Loan | Mesa GSA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
35 | Loan | Texas Colony Plaza | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
36 | Loan | City Line Apartments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
37 | Loan | Sugarman's Plaza | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
38 | Loan | 910 South Broadway | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | Yes |
39 | Loan | Vasa - Clinton | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
40 | Loan | Highland Park 1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
41 | Loan | Mesa Commons | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
42 | Loan | 137 N Virgil Avenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
43 | Loan | Lakeland Plaza Shopping Center | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
44 | Loan | Bremen Crossing | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
45 | Loan | Northpointe Crossing | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
46 | Loan | IUP Pratt Studios | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
47 | Loan | All American Self Storage - Clarksville | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
48 | Loan | Towne Center at Cypress Gardens | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | No | N/A | N/A | No |
A-1-10
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Conditions for Future Mezzanine Debt(20) |
1 | Loan | 20 Times Square | N/A |
2 | Loan | Riverfront Plaza | N/A |
3 | Loan | Torrance Technology Campus | Mezzanine: Combined Min DSCR 1.25x, Combined Max LTV 65.0%, Debt Yield>8.25%, Rating Agency Confirmation |
4 | Loan | 5th Street Station | N/A |
5 | Loan | Orlando Airport Marriott Lakeside | N/A |
6 | Loan | Travelers Tower I | N/A |
7 | Loan | Vista Station 8 | N/A |
8 | Loan | AFIN Portfolio | N/A |
8.01 | Property | Montecito Crossing | |
8.02 | Property | Jefferson Commons | |
8.03 | Property | Best on the Boulevard | |
8.04 | Property | Northpark Center | |
8.05 | Property | Anderson Station | |
8.06 | Property | Cross Pointe Center | |
8.07 | Property | San Pedro Crossing | |
8.08 | Property | Riverbend Marketplace | |
8.09 | Property | Shops at RiverGate South | |
8.10 | Property | Centennial Plaza | |
8.11 | Property | Shoppes of West Melbourne | |
8.12 | Property | North Lakeland Plaza | |
9 | Loan | Commons at Southtowne I | N/A |
10 | Loan | Griffin Portfolio II | N/A |
10.01 | Property | Southern Company Services Headquarters | |
10.02 | Property | Amazon.com Sortable Fulfillment Center | |
10.03 | Property | IGT North American Gaming & Interactive Headquarters | |
10.04 | Property | 3M Distribution Facility | |
11 | Loan | Premier Rochester Office Portfolio | (i) The initial principal amount of the Mezzanine Loan or Preferred Equity Investment, together with the then-current Outstanding Principal Balance of the Loan as of the closing of the Mezzanine Loan or Preferred Equity Investment, shall cause the Combined Loan-to-Value Ratio to be no greater than the Loan-to-Value Ratio as of the Closing Date; (ii) The Debt Service Coverage Ratio based on the trailing 12 month period and after taking into account the Subordinate Mezzanine Loan or Preferred Equity Investment, and the Loan shall be equal to or greater than the Debt Service Coverage as of the Closing Date; (iii) After taking into account the maximum loan amount of the Subordinate Mezzanine Loan or Preferred Equity Investment, Lender has determined the loan to have a minimum Debt Yield of not less than the Debt Yield as of the Closing Date (iv) Intercreditor agreement. |
11.01 | Property | 290 Woodcliff Drive | |
11.02 | Property | 255 Woodcliff Drive | |
11.03 | Property | 370 Woodcliff Drive | |
11.04 | Property | 375 Woodcliff Drive | |
11.05 | Property | 295 Woodcliff Drive | |
11.06 | Property | 345 Woodcliff Drive | |
11.07 | Property | 1000 Pittsford Victor Rd | |
11.08 | Property | 1200 Pittsford Victor Rd | |
12 | Loan | HTI Medical Office Portfolio | N/A |
12.01 | Property | Aurora Health Care Center | |
12.02 | Property | Laguna Professional Center | |
12.03 | Property | Woodlake Office Center | |
12.04 | Property | Northside Hospital Medical Office | |
12.05 | Property | Arrowhead Medical Plaza II | |
12.06 | Property | High Desert Medical Group | |
12.07 | Property | 761 Building | |
12.08 | Property | Physicians Plaza of Roane County | |
12.09 | Property | Mainland Medical Arts Pavilion | |
12.10 | Property | Presence Healing Arts Pavilion | |
12.11 | Property | Oak Lawn Medical Center | |
12.12 | Property | East Coast Square West | |
12.13 | Property | Arrowhead Medical Plaza I | |
12.14 | Property | Morrow Medical Center | |
12.15 | Property | East Coast Square North | |
12.16 | Property | Belmar Medical Building | |
12.17 | Property | Village Center Parkway | |
12.18 | Property | Sassafras Medical Building | |
12.19 | Property | Medical Center III | |
12.20 | Property | Stockbridge Family Medical | |
13 | Loan | Throggs Neck Shopping Center | N/A |
14 | Loan | Cedar Ridge | N/A |
15 | Loan | Melbourne Hotel Portfolio | N/A |
15.01 | Property | Hilton Melbourne Beach Oceanfront | |
15.02 | Property | Doubletree Suites Melbourne Beach | |
16 | Loan | Soho House Chicago | N/A |
17 | Loan | 45-55 West 28th Street | N/A |
18 | Loan | DoubleTree Charlotte Airport | N/A |
19 | Loan | Henrietta Plaza | N/A |
20 | Loan | Peninsula Town Center | N/A |
21 | Loan | AiNET - Beltsville | N/A |
22 | Loan | Merge Carmel Valley | N/A |
23 | Loan | University Village | N/A |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A |
25 | Loan | Elms Hotel & Spa | N/A |
26 | Loan | 401 West 219th Street | N/A |
27 | Loan | Lee Harvard Shopping Center | N/A |
28 | Loan | The Guardian Portfolio | N/A |
28.01 | Property | Guardian - Dallas | |
28.02 | Property | Guardian - San Antonio | |
28.03 | Property | Guardian - Lubbock | |
29 | Loan | 1860 Howe Avenue | N/A |
30 | Loan | 19951 Mariner Ave | N/A |
31 | Loan | Four Points by Sheraton Louisville Airport | N/A |
32 | Loan | Stony Creek Marketplace | N/A |
33 | Loan | TownePlace Suites - Lombard, IL | N/A |
34 | Loan | Mesa GSA | N/A |
35 | Loan | Texas Colony Plaza | N/A |
36 | Loan | City Line Apartments | N/A |
37 | Loan | Sugarman's Plaza | N/A |
38 | Loan | 910 South Broadway | Future Mezzanine Debt is permitted provided that (i) Lender is not an affiliate of Borrower, Mezzanine Borrower or Guarantor, (ii) LTV does not exceed 57.5%, (iii) DSCR is not less than 1.69x and (iv) DY is not less than 9.68% |
39 | Loan | Vasa - Clinton | N/A |
40 | Loan | Highland Park 1 | N/A |
41 | Loan | Mesa Commons | N/A |
42 | Loan | 137 N Virgil Avenue | N/A |
43 | Loan | Lakeland Plaza Shopping Center | N/A |
44 | Loan | Bremen Crossing | N/A |
45 | Loan | Northpointe Crossing | N/A |
46 | Loan | IUP Pratt Studios | N/A |
47 | Loan | All American Self Storage - Clarksville | N/A |
48 | Loan | Towne Center at Cypress Gardens | N/A |
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ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES |
Mortgage Loan Number | Property Flag | Property Name | Lender Consent Required for Future Mezzanine Debt (Y/N)(20) | Future Unsecured Debt Permitted (Y/N) | Conditions for Future Unsecured Debt | Lender Consent Required for Future Unsecured Debt (Y/N) | Sponsor | Guarantor | Affiliated Sponsors |
1 | Loan | 20 Times Square | N/A | No | N/A | N/A | Mark Siffin | Mark Siffin | No |
2 | Loan | Riverfront Plaza | N/A | No | N/A | N/A | Hertz Investment Group | Sarah Rachel Gordon; Isaac Hertz; William Z. Hertz | No |
3 | Loan | Torrance Technology Campus | Yes | No | N/A | N/A | Gregory J. Orman; David L. Johnson | Gregory J. Orman; David L. Johnson | No |
4 | Loan | 5th Street Station | N/A | No | N/A | N/A | Stephen J. Collins; Brent Scarbrough | Stephen J. Collins; Brent Scarbrough | No |
5 | Loan | Orlando Airport Marriott Lakeside | N/A | No | N/A | N/A | Columbia Sussex Corporation; Sussex Holdings, LLC; CSC Holdings, LLC | Columbia Sussex Corporation; Sussex Holdings, LLC; CSC Holdings, LLC | No |
6 | Loan | Travelers Tower I | N/A | No | N/A | N/A | Francis Greenburger | Francis Greenburger | No |
7 | Loan | Vista Station 8 | N/A | No | N/A | N/A | The Boyer Company, L.C.; KC Gardner Company, L.C. | The Boyer Company, L.C.; KC Gardner Company, L.C. | No |
8 | Loan | AFIN Portfolio | N/A | No | N/A | N/A | American Finance Operating Partnership, L.P. | American Finance Operating Partnership, L.P. | Group 1 |
8.01 | Property | Montecito Crossing | |||||||
8.02 | Property | Jefferson Commons | |||||||
8.03 | Property | Best on the Boulevard | |||||||
8.04 | Property | Northpark Center | |||||||
8.05 | Property | Anderson Station | |||||||
8.06 | Property | Cross Pointe Center | |||||||
8.07 | Property | San Pedro Crossing | |||||||
8.08 | Property | Riverbend Marketplace | |||||||
8.09 | Property | Shops at RiverGate South | |||||||
8.10 | Property | Centennial Plaza | |||||||
8.11 | Property | Shoppes of West Melbourne | |||||||
8.12 | Property | North Lakeland Plaza | |||||||
9 | Loan | Commons at Southtowne I | N/A | No | N/A | N/A | John R. Thackeray | John R. Thackeray | No |
10 | Loan | Griffin Portfolio II | N/A | No | N/A | N/A | Griffin Captial Company, LLC | Griffin Capital Essential Asset REIT II, Inc. | No |
10.01 | Property | Southern Company Services Headquarters | |||||||
10.02 | Property | Amazon.com Sortable Fulfillment Center | |||||||
10.03 | Property | IGT North American Gaming & Interactive Headquarters | |||||||
10.04 | Property | 3M Distribution Facility | |||||||
11 | Loan | Premier Rochester Office Portfolio | Yes | No | N/A | N/A | Cyrus Sakhai | Cyrus Sakhai | No |
11.01 | Property | 290 Woodcliff Drive | |||||||
11.02 | Property | 255 Woodcliff Drive | |||||||
11.03 | Property | 370 Woodcliff Drive | |||||||
11.04 | Property | 375 Woodcliff Drive | |||||||
11.05 | Property | 295 Woodcliff Drive | |||||||
11.06 | Property | 345 Woodcliff Drive | |||||||
11.07 | Property | 1000 Pittsford Victor Rd | |||||||
11.08 | Property | 1200 Pittsford Victor Rd | |||||||
12 | Loan | HTI Medical Office Portfolio | N/A | No | N/A | N/A | Healthcare Trust, Inc. | Healthcare Trust Operating Partnership L.P. | Group 1 |
12.01 | Property | Aurora Health Care Center | |||||||
12.02 | Property | Laguna Professional Center | |||||||
12.03 | Property | Woodlake Office Center | |||||||
12.04 | Property | Northside Hospital Medical Office | |||||||
12.05 | Property | Arrowhead Medical Plaza II | |||||||
12.06 | Property | High Desert Medical Group | |||||||
12.07 | Property | 761 Building | |||||||
12.08 | Property | Physicians Plaza of Roane County | |||||||
12.09 | Property | Mainland Medical Arts Pavilion | |||||||
12.10 | Property | Presence Healing Arts Pavilion | |||||||
12.11 | Property | Oak Lawn Medical Center | |||||||
12.12 | Property | East Coast Square West | |||||||
12.13 | Property | Arrowhead Medical Plaza I | |||||||
12.14 | Property | Morrow Medical Center | |||||||
12.15 | Property | East Coast Square North | |||||||
12.16 | Property | Belmar Medical Building | |||||||
12.17 | Property | Village Center Parkway | |||||||
12.18 | Property | Sassafras Medical Building | |||||||
12.19 | Property | Medical Center III | |||||||
12.20 | Property | Stockbridge Family Medical | |||||||
13 | Loan | Throggs Neck Shopping Center | N/A | No | N/A | N/A | Joseph Simone | Joseph Simone | No |
14 | Loan | Cedar Ridge | N/A | No | N/A | N/A | Thomas M. Steinberg | Thomas M. Steinberg | No |
15 | Loan | Melbourne Hotel Portfolio | N/A | No | N/A | N/A | Westplace Modesto Investors, LLC | Westplace Modesto Investors, LLC | No |
15.01 | Property | Hilton Melbourne Beach Oceanfront | |||||||
15.02 | Property | Doubletree Suites Melbourne Beach | |||||||
16 | Loan | Soho House Chicago | N/A | No | N/A | N/A | Fast Fame Capital Investment Limited; Bliss Elite Limited; Downtown Properties Holdings, LLC | Fast Fame Capital Investment Limited; Bliss Elite Limited; Downtown Properties Holdings, LLC | No |
17 | Loan | 45-55 West 28th Street | N/A | No | N/A | N/A | SGR Trust; Galit Levy; Rafaela Levy | SGR Trust; Galit Levy; Rafaela Levy | No |
18 | Loan | DoubleTree Charlotte Airport | N/A | No | N/A | N/A | William Lee Nelson; American Hospitality Properties Fund I, LLC; American Hospitality Fund III, LLC | William Lee Nelson; American Hospitality Properties Fund I, LLC; American Hospitality Fund III, LLC | No |
19 | Loan | Henrietta Plaza | N/A | No | N/A | N/A | Herbert Morgan; Michael M. Spoleta | Herbert Morgan; Michael M. Spoleta | No |
20 | Loan | Peninsula Town Center | N/A | No | N/A | N/A | Zaffar Tabani | Tabani T Investments, LLC | No |
21 | Loan | AiNET - Beltsville | N/A | No | N/A | N/A | Deepak Jain | Deepak Jain | No |
22 | Loan | Merge Carmel Valley | N/A | No | N/A | N/A | Cheryl Levitt; Gary H. Levitt | Cheryl Levitt; Gary H. Levitt | No |
23 | Loan | University Village | N/A | No | N/A | N/A | Diversified Partners, Inc. | Diversified Partners, Inc. | No |
24 | Loan | Hilton Garden Inn Bettendorf Quad Cities | N/A | No | N/A | N/A | Bruce Kinseth; Leslie Kinseth; Gary Kinseth; Linda Skinner | Bruce Kinseth; Leslie Kinseth; Gary Kinseth; Linda Skinner | No |
25 | Loan | Elms Hotel & Spa | N/A | No | N/A | N/A | James Gould; Duke Miglin; Steven Potokar | James Gould; Duke Miglin; Steven Potokar | No |
26 | Loan | 401 West 219th Street | N/A | No | N/A | N/A | Hal Goldberg; Leonard Goldberg | Hal Goldberg; Leonard Goldberg | No |
27 | Loan | Lee Harvard Shopping Center | N/A | No | N/A | N/A | Anthony Grosso; Christopher Palermo; Joseph Sullo | Anthony Grosso; Christopher Palermo | No |
28 | Loan | The Guardian Portfolio | N/A | No | N/A | N/A | Dax T.S. Mitchell | Dax T.S. Mitchell | No |
28.01 | Property | Guardian - Dallas | |||||||
28.02 | Property | Guardian - San Antonio | |||||||
28.03 | Property | Guardian - Lubbock | |||||||
29 | Loan | 1860 Howe Avenue | N/A | No | N/A | N/A | John Marshall; Jeffrey Berger | John Marshall; Jeffrey Berger | No |
30 | Loan | 19951 Mariner Ave | N/A | No | N/A | N/A | Remarkable Views Consultants LTD. | Remarkable Views Consultants LTD. | No |
31 | Loan | Four Points by Sheraton Louisville Airport | N/A | No | N/A | N/A | Naresh P. Rama; Mukesh Bhikha | Naresh P. Rama; Mukesh Bhikha | No |
32 | Loan | Stony Creek Marketplace | N/A | No | N/A | N/A | J. Kenneth Dunn | J. Kenneth Dunn | No |
33 | Loan | TownePlace Suites - Lombard, IL | N/A | No | N/A | N/A | Michael H. Rose | Michael H. Rose | No |
34 | Loan | Mesa GSA | N/A | No | N/A | N/A | A. Philip Auerbach; David Chazen | A. Philip Auerbach; David Chazen | No |
35 | Loan | Texas Colony Plaza | N/A | No | N/A | N/A | Haim Joseph | Haim Joseph | No |
36 | Loan | City Line Apartments | N/A | No | N/A | N/A | Meyer Orbach | Meyer Orbach | No |
37 | Loan | Sugarman's Plaza | N/A | No | N/A | N/A | Shulam Green; Steve Deutsch | Shulam Green; Steve Deutsch | No |
38 | Loan | 910 South Broadway | Yes | No | N/A | N/A | Alfonso Campos; Tarina Tarantino-Campos | Alfonso Campos; Tarina Tarantino-Campos | No |
39 | Loan | Vasa - Clinton | N/A | No | N/A | N/A | Michael L. Hutchings; Steven J. Hutchings | Michael L. Hutchings; Steven J. Hutchings | No |
40 | Loan | Highland Park 1 | N/A | No | N/A | N/A | James M. Jacobsen | James M. Jacobsen | No |
41 | Loan | Mesa Commons | N/A | No | N/A | N/A | Paul Friant | Paul Friant | No |
42 | Loan | 137 N Virgil Avenue | N/A | No | N/A | N/A | Shervin Mateen | Shervin Mateen | No |
43 | Loan | Lakeland Plaza Shopping Center | N/A | No | N/A | N/A | Lawrence W. Maxwell | Lawrence W. Maxwell | Group 2 |
44 | Loan | Bremen Crossing | N/A | No | N/A | N/A | Simon Hyen Ahn | Simon Hyen Ahn | No |
45 | Loan | Northpointe Crossing | N/A | No | N/A | N/A | Amos Shoshan | Amos Shoshan | No |
46 | Loan | IUP Pratt Studios | N/A | No | N/A | N/A | Ahron Freilich | Ahron Freilich | No |
47 | Loan | All American Self Storage - Clarksville | N/A | No | N/A | N/A | John Lindsey; Alan Lindsey | John Lindsey; Alan Lindsey | No |
48 | Loan | Towne Center at Cypress Gardens | N/A | No | N/A | N/A | Lawrence W. Maxwell | Lawrence W. Maxwell | Group 2 |
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UBS 2018-C11
Footnotes to Annex A-1
(1) | UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York (“UBS AG”), Société Générale (“SG”), Natixis Real Estate Capital LLC (“Natixis”), Argentic Real Estate Finance LLC (“AREF”), KeyBank National Association ("KeyBank"), and Cantor Commercial Real Estate Lending, L.P. (“CCRE”). |
(2) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in the preliminary prospectus for information regarding certain lease termination options affecting the 5 largest tenants at Mortgaged Properties securing the 15 largest Mortgage Loans. |
(3) | The Original Balance and Cut-off Date Balance represent only the Mortgage Loan included in the issuing entity. The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Cut-off Date Balance Per Unit/SF are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate. For more information regarding the Mortgage Loans secured by the Mortgaged Properties identified under the column heading in this Annex A-1 as 20 Times Square, Riverfront Plaza, Torrance Technology Campus, 5th Street Station, Orlando Airport Marriott Lakeside, AFIN Portfolio, Griffin Portfolio II, Premier Rochester Office Portfolio, HTI Medical Office Portfolio, Throggs Neck Shopping Center, Melbourne Hotel Portfolio, Soho House Chicago and Stony Creek Marketplace see the charts titled “Whole Loan Summary” and “Whole Loan Control Notes and Non-Control Notes” in “Description of the Mortgage Pool—Additional Indebtedness—The Whole Loans” in the preliminary prospectus. |
(4) | Loan No. 10 – Griffin Portfolio II – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Whole Loan represent the "As Portfolio” Appraised Value conclusion of $415,500,000, which includes a portfolio premium to the portfolio properties if sold together on a bulk basis. The sum of the “As-Is” Appraised Values on a stand-alone basis is $395,690,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the aggregate stand-alone “As-Is” Appraised Values are 63.2% and 63.2%, respectively. |
Loan No. 12 – HTI Medical Office Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Whole Loan represent the "As-Is Portfolio Value" conclusion of $207,000,000, which includes a portfolio premium to the portfolio properties if sold together on a bulk basis. The sum of the “As-Is” Appraised Values on a stand-alone basis is $199,775,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the aggregate stand-alone “As-Is” Appraised Values are 59.4% and 59.4%, respectively.
Loan No. 25 – Elms Hotel & Spa – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Mortgage Loan are based on the "When-Complete" Appraised Value of $20,100,000 as of April 1, 2019, which assumes the completion of capital expenditures for which the lender reserved at origination. The Appraised Value for the Mortgaged Property assuming the “As-Is” Appraised Value is $18,300,000 as of March 7, 2018. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 70.8% and 54.9%, respectively. Both the “As-Is” and the “When-Complete” Appraised Values include the present value of tax incentives of $2,920,000 and $2,630,000, respectively.
Loan No. 33 – TownePlace Suites - Lombard, IL – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Mortgage Loan includes the "As-Complete" Appraised Value of $13,500,000 as of September 21, 2018, which assumes the completion of $1,654,759 in renovations for which the lender reserved at origination. The Appraised Value for the Mortgaged Property assuming the “As-Is” Appraised Value is $11,100,000 as of March 21, 2018. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 69.7% and 59.6%, respectively.
(5) | Loan No. 1 – 20 Times Square – The Whole Loan can be defeased at any time after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) April 27, 2022. The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of June 5, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2018-C11 securitization closing date in July 2018. The actual lockout period may be longer. |
Loan No. 2 – Riverfront Plaza – The Whole Loan can be defeased or prepaid with yield maintenance, in whole, or in part at any time on or after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) May 4, 2022. The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of June 5, 2018. For the purposes of this preliminary prospectus, the
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assumed lockout period of 26 months is based on the expected UBS 2018-C11 securitization closing date in July 2018. The actual lockout period may be longer.
Loan No. 4 – 5th Street Station – The Whole Loan can be prepaid in full with payment of a yield maintenance premium if the date the Whole Loan can be defeased has not occurred and if July 6, 2021 has occurred. If the date that the Whole Loan can be defeased has occurred, the Whole Loan cannot be prepaid with yield maintenance premium. The Whole Loan can be defeased two years after the closing date of the securitization that includes the last note to be securitized. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of July 6, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2018-C11 securitization closing date in July 2018. The actual lockout period may be longer.
Loan No. 3 – Torrance Technology Campus – The Whole Loan can be defeased or prepaid with yield maintenance at any time after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) June 5, 2021. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of July 6, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2018-C11 securitization closing date in July 2018. The actual lockout period may be longer.
Loan No. 5 – Orlando Airport Marriott Lakeside – The Whole Loan can be defeased at any time after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) May 15, 2021. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of July 6, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2018-C11 securitization closing date in July 2018. The actual lockout period may be longer.
(6) | Loan No. 4 – 5th Street Station – Provided no event of default is then continuing, the lender may, at its option, prepay up to $7,500,000 of the Whole Loan with the payment of a yield maintenance premium if the borrower is unable to achieve a 7.2% debt yield for the Mortgaged Property prior to May 18, 2020. The amount of prepayment is based on the remaining amount in the holdback reserve account as of the date of determination. If the borrower is unable to achieve the required debt yield and the lender elects not to prepay the Whole Loan, such amount will be held as additional collateral for the Whole Loan. |
Loan Nos. 8, 10, 11, 12, 15 and 28 – AFIN Portfolio, Griffin Portfolio II, Premier Rochester Office Portfolio, HTI Medical Office Portfolio, Melbourne Hotel Portfolio and The Guardian Portfolio – The related borrower may obtain the release of a portion of the related Mortgaged Property, subject to the satisfaction of conditions set forth in the related Mortgage Loan documents, including making a prepayment of principal. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases” in the preliminary prospectus.
(7) | Loan No. 8 – AFIN Portfolio – The Whole Loan is secured by both the fee and leasehold interests in the Cross Pointe Center Mortgaged Property. The Cross Pointe Center Mortgaged Property is subject to a ground lease with Developers Realty Corp., an indirect wholly-owned subsidiary of DDR Corp., for a 25-year term, expiring on February 1, 2047. The ground lease has two, 10-year renewal options remaining, which if exercised would extend the term of the ground lease through February 1, 2067. The current annual ground rent is $377,617. |
(8) | Loan No. 1 – 20 Times Square – The Whole Loan is secured by the borrower’s fee simple interest in a land parcel, totaling 16,066 SF, beneath a newly constructed 42-story mixed-use building (the “Improvement”) located 701 Seventh Avenue (at the corner of West 47th Street) in Times Square, New York, New York. The ground lease commences on April 27, 2018 with an expiration date on April 26, 2117. The ground lessee is required to pay the initial ground rent in an amount of $29,250,000 per annum. The ground rent will increase by 2.0% per annum from year 2 through 5 and will increase by 2.75% per annum from year 6 through year 99. |
Loan No. 16 – Soho House Chicago – The Mortgage Loan is secured by the borrower’s fee simple interest in a property located in Chicago, IL, which features include, hotel, food and beverage and gym. The membership fee is also included in its gross operating profit.
(9) | Loan No. 12 – HTI Medical Office Portfolio – The Arrowhead Medical Plaza II Mortgaged Property is subject to a ground lease with VHS of Arrowhead, Inc., as the ground lessor, dated as of July 30, 2004, that has an expiration of July 25, 2095 with no extension options. The borrower paid VHS of Arrowhead, Inc. a lump sum of $146,000, representing the annual ground rent through the expiration of the ground lease. The Presence Healing Arts Pavilion Mortgaged Property is subject to a ground lease with 24 North New Lenox, LLC, as the ground lessor, dated as of April 27, 2011, that has an expiration of October 19, 2061 with two, 25-year extension options each exercisable upon 12 months’ notice. The current annual ground lease rent due under the ground lease is $187,000. The base annual rent due under the ground lease is $170,000 with 10.0% rent increases every five years, and is to be paid in quarterly installments through the ground lease |
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expiration. The Arrowhead Medical Plaza I Mortgaged Property is subject to a ground lease with VHS of Arrowhead, Inc., as the ground lessor, dated as of August 1, 2006, that has an expiration of July 25, 2095 with no extension options. The borrower paid VHS of Arrowhead, Inc. a lump sum of $395,000, representing the annual ground rent through the expiration of the ground lease.
Loan No. 23 – University Village – The Mortgaged Property is subject to a ground lease with The Regents of the University of California, as the ground lessor, dated as of December 29, 2015, that has an expiration of April 25, 2092 with no extension options. The annual rent due under the ground lease is approximately $487,978 with 10.0% increases beginning on the 10th anniversary of the commencement date and every 5th anniversary thereafter.
Loan No. 34 – Mesa GSA – The Mortgaged Property is subject to a ground lease with Phoenix-Mesa Gateway Airport Authority, a Joint Powers Airport Authority, for a 50-year term, expiring on October 31, 2053. The most recent annual ground rent under the lease, in 2017, was $86,504 and will increase with the consumer price index every three years.
(10) | Loan No. 21 – AiNET - Beltsville – The single tenant at the Mortgaged Property, AiNET Beltsville, is a wholly-owned affiliate of the guarantors. This lease is fully guaranteed by the guarantors. |
Loan No. 22 – Merge Carmel Valley – Sea Breeze Properties, LLC, an affiliate of the borrower, leases 6.6% of the NRA at the Mortgaged Property.
Loan No. 30 – 19951 Mariner Ave – Evelozcity Inc., an affiliate of the borrower, leases the entire Mortgaged Property as the corporate headquarters of its electric vehicle manufacturing company.
Loan No. 37 – Sugarman's Plaza – The largest tenant at the Mortgaged Property, Midwood Distributors, is an affiliate of the related borrower.
(11) | Loan No. 2 – Riverfront Plaza – The largest tenant at the Mortgaged Property, Hunton Andrews Kurth LLP, has the right to terminate its lease with respect to (i) 2,022 SF on the plaza level in the east tower building, (ii) 3,093 SF on the plaza level in the east tower building or (iii) the combined 5,115 SF on the plaza level in the east tower building, upon 12 months’ prior written notice to the borrower and payment of a termination fee equal to the sum of the unamortized portion of cash inducements prorated for the plaza level premises plus the unamortized portion of the renovation allowance prorated for the plaza level premises. If acquired by another financial institution, the second largest tenant at the Mortgaged Property, Branch Banking & Trust Company, has the right to terminate its lease on May 31, 2022 with 24 months’ notice and payment of a termination fee equal to the sum of two years of rent and reimbursements and any outstanding unamortized transaction costs. |
Loan No. 6 – Travelers Tower I – The largest tenant at the Mortgaged Property, Willis Towers Watson (dba Watson Delaware Inc.), has a one-time right to surrender up to 20.0% of its leased space effective November 2020 with prior written notice no later than February 2020. Willis Towers Watson also has a one-time right to terminate its lease effective as of November 2022 with at least twelve months’ prior written notice and payment of a termination fee equal to the sum of (i) any unamortized tenant improvement allowances, moving allowances, rent abatements and broker commissions and (ii) five months of rent. Willis Towers Watson must pay 50.0% of the termination fee at the same time as the delivery of the termination option notice and the remaining 50.0% on or prior to the termination option date. Additionally, the third largest tenant at the Mortgaged Property, MSX International Inc., has a one-time right to terminate its lease effective as of April 2022 provided that MSX International Inc. has not exercised its right of first refusal to lease all or a portion of the 7th and 12th floors of the Mortgaged Property, with at least nine months’ prior written notice and payment of a termination fee equal to the sum of (i) any unamortized tenant improvement allowances, moving allowances, rent abatements and broker commissions and (ii) four months of rent.
Loan No. 11 – Premier Rochester Office Portfolio – The largest tenant at the 375 Woodcliff Drive Mortgaged Property, New York Life Insurance, has a one-time right to terminate its lease effective as of July 31, 2020, upon notice no later than July 31, 2019 and payment of a termination fee equal to the sum of (i) two months of fixed monthly rent, (ii) two months of additional rent at the rate of additional rent payable by New York Life Insurance at the time it gives notice of its intent to terminate, and (iii) the unamortized portion as further detailed in the lease. The sole tenant at the 290 Woodcliff Drive Mortgaged Property, Manning & Napier, may elect to surrender 10,000 SF of its space during each of the following three periods (30,000 SF total): (i) through January 31, 2019, (ii) November 1, 2021 through January 31, 2022, and (iii) November 1, 2024 through January 31, 2025. In connection with Manning & Napier’s exercise of clause (ii) or (iii) above, Manning & Napier is required to pay a termination fee equal to the landlord’s transaction costs amortized over the lease term with 8.5% interest. No termination fee is due in connection with Manning & Napier’s exercise of clause (i) above.
Loan No. 12 – HTI Medical Office Portfolio – The fifth largest tenant at the Mainland Medical Arts Pavilion Mortgaged Property, Select Physical Therapy Texas, may terminate its lease on the last day of the 36th full calendar month of the lease term, provided that Select Physical Therapy Texas provides nine months’ notice and payment of a termination fee
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equal to the sum of (a) the base rent that would have been due for the first two months following the early termination date plus (b) the unamortized portion of the tenant improvement allowance amortized over the lease term. The third largest tenant at the Arrowhead Medical Plaza I Mortgaged Property, VHS of Arrowhead, Inc., may terminate its lease on the last day of the 63rd full calendar month of the lease term, provided that VHS of Arrowhead, Inc. provides nine months’ notice and payment of a termination fee equal to the sum of (a) the unamortized portion of the tenant improvement allowance, any leasing commissions due to the brokers, and any previously abated rental amounts plus (b) six months of the then current monthly rent (including base rent and all additional rent).
Loan No. 14 – Cedar Ridge – The third largest tenant at the Mortgaged Property, NRT Texas LLC dba Coldwell Banker, has a one-time option to terminate its lease effective August 1, 2024, upon 12 months’ prior written notice to the borrower and payment of a cancellation fee.
Loan No. 23 – University Village – The third largest tenant at the Mortgaged Property, Medical Mgmt International, may terminate its lease on October 31, 2022 with 270 days’ notice and a payment to the landlord of 50.0% of the leasehold improvement allowance paid to the tenant by landlord and 50.0% of the real estate commission paid by the landlord in connection with the lease. The fifth largest tenant at the Mortgaged Property, Starbucks, may terminate its lease on or after August 31, 2022 with 120 days’ notice and payment of a termination fee equal to (a) three months of base rent payable as of the date immediately preceding the termination date, (b) the then-unamortized portion of the broker’s commission paid by the landlord in connection with the lease of $43,651, and (c) the then-unamortized portion of the tenant’s improvement allowance.
Loan No. 26 – 401 West 219th Street – The largest tenant at the Mortgaged Property, New York City Department of Education, has the right to terminate its lease with 180 days’ prior written notice. The second largest tenant at the Mortgaged Property, Time Warner Cable New York City, LLC, has the right to terminate its lease with six months’ prior written notice beginning May 11, 2020 in the event of any of the following: (i) the parking area lease that the tenant maintains with the City of New York expires or is otherwise terminated; (ii) the parking license agreement that the tenant maintains with the New York Presbyterian Hospital expires or is otherwise terminated; (iii) any portion of the City parking area or the third party parking area is taken or is sold to the City of New York and ceases to be usable by the tenant for parking; or (iv) surface parking is prohibited on any or all portion of the tenant’s parking area as a result of rezoning or otherwise.
Loan No. 27 – Lee Harvard Shopping Center – The third largest tenant at the Mortgaged Property, Walgreens, may terminate its lease after the first 25 years of the lease term and every five years thereafter.
Loan No. 29 – 1860 Howe Avenue – The largest tenant at the Mortgaged Property, Elica Health Centers, has the right to terminate its lease with respect to approximately 11,480 SF, effective in February 2022, upon six months’ notice and payment of a termination fee equal to the unamortized portion of the rent reduction that Elica Health Centers received during the first two years of the lease term.
Loan No. 30 – 19951 Mariner Ave – The sole tenant at the Mortgaged Property, Evelozcity Inc., has a one-time right to terminate its lease effective as of April 30, 2030, by giving notice no later than April 30, 2029 and payment of a termination fee equal to $702,324.
Loan No. 34 – Mesa GSA – The second largest tenant at the Mortgaged Property, US Forest Service, has the right to terminate its lease with respect to no more than 7,500 SF, upon 30 days’ written notice to the borrower.
Loan No. 38 – 910 South Broadway – The third largest tenant at the Mortgaged Property, Mira Labs, Inc., has the right to terminate its lease (i) at any time after October 31, 2019, upon six months’ written notice to the borrower and payment of a termination fee equal to the unamortized costs incurred by the borrower in connection with the landlord work; and (ii) at any time after April 30, 2020 if the borrower is unable to accommodate a request by Mira Labs, Inc. to expand into any available space on the 4th, 6th and 7th floors of the Mortgaged Property within 30 days of the request.
Loan No. 43 – Lakeland Plaza Shopping Center – The fourth largest tenant at the Mortgaged Property, PPG Architectural Finishes, Inc. (d/b/a Porter Paints), has the unilateral right to terminate its lease at any time after January 1, 2020, upon three months’ written notice to the borrower and payment of a cancellation fee.
Loan No. 44 – Bremen Crossing – The second largest tenant at the Mortgaged Property, Hibbett Sports, has the right to terminate its lease if a big box competitor primarily in the sale of sporting goods, athletic apparel, athletic shoes or sports fan licensed products in a space equal to or greater than 10,000 SF, such as Dick's Sporting Goods, Academy Sports, Modell's, Dunham's, or Sports Authority, opens within a 3 mile radius of the Mortgaged Property by providing a 60 days' prior written notice. However, Hibbett Sports may not terminate its lease unless gross sales for the 12-month period immediately following such opening fail to exceed $640,000.
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Loan No. 45 – Northpointe Crossing – The third largest tenant at the Mortgaged Property, Family Dollar, has a right to terminate its lease upon 60 days' notice if less than 45.0% of the ground leasable area of ground floor space at the Mortgaged Property remains open and operating for nine consecutive months. Family Dollar may choose to pay the lesser of 3.0% of gross sales or fixed rent under the same conditions.
(12) | Loan No. 6 – Travelers Tower I – The third largest tenant at the Mortgaged Property, MSX International Inc., subleases 6,346 SF to MSX International RNS, LLC through September 30, 2018 at $19.50 PSF. |
Loan No. 7 – Vista Station 8 – The largest tenant at the Mortgaged Property, Tesla, Inc., subleases 29,500 SF of its space to Splash Support, Inc. at $26.75 PSF.
Loan No. 12 – HTI Medical Office Portfolio – The single tenant at the High Desert Medical Group Mortgaged Property, High Desert Medical Corporation, subleases a portion of its space to CVS Pharmacy. The second largest tenant at the East Coast Square West Mortgaged Property, Journey’s End Enterprises, currently subleases its entire space to Moore Orthopedic & Sports Medicine. The largest tenant at the Sassafras Medical Building Mortgaged Property, Clinical Services, Inc., currently subleases its entire space to the second largest tenant at the Mortgaged Property, Saint Vincent Health Center.
(13) | Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
Loan No. 2 – Riverfront Plaza – The third largest tenant at the Mortgaged Property, Owens & Minor Medical Inc., has recently expanded its space to include an additional 11,425 SF and is expected to take occupancy of this additional space in August 2018. Owens & Minor Medical Inc. will begin paying rent for the additional space in August 2018.
Loan No. 6 – Travelers Tower I – The fifth largest tenant at the Mortgaged Property, Mortgage Center, L.C., is expected to take full occupancy on July 9, 2018 and is required to commence paying rent on November 9, 2018.
Loan No. 7 – Vista Station 8 – The sole tenant at the Mortgaged Property, Tesla, Inc., has executed a lease and is paying rent but has not yet taken occupancy of a portion of the leased premises.
Loan No. 8 – AFIN Portfolio – The second largest tenant at the Jefferson Commons Mortgaged Property, Aldi, took occupancy of its space on February 12, 2018 and is required to begin paying rent on July 4, 2018.
Loan No. 14 – Cedar Ridge – The third largest tenant at the Mortgaged Property, NRT Texas LLC dba Coldwell Banker, is expected to take full occupancy and begin paying rent in July 2018.
Loan No. 38 – 910 South Broadway – The largest tenant at the Mortgaged Property, Incipio d/b/a InCase, is building out its space and is not yet in occupancy. Incipio has been paying rent and is anticipated to take occupancy of its space in August 2018.
(14) | Loan No. 4 – 5th Street Station – The Whole Loan documents have an achievement reserve in the amount of $7,500,000. The funds will be released from the reserve once Aramark or tenants meeting leasing criteria set forth in the Whole Loan documents are in occupancy and the resulting cash flow is at a 7.2% debt yield or greater on the entire outstanding principal balance of the Whole Loan and all mezzanine loans connected thereto. Aramark is currently reviewing letters of intent for 13,204 SF at a rental rate of $35.00 PSF NNN. Partial releases will be permitted subject to the 7.2% debt yield test in accordance with the Whole Loan documents. If the borrower is unable to achieve such 7.2% debt yield for the Mortgaged Property prior to May 18, 2020, the remaining amount in the achievement reserve may be used, at the election of the lender, to either pay down the Whole Loan with a yield maintenance premium or be held as additional collateral for the Whole Loan. The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield, and U/W NCF Debt Yield are net of the $7,500,000 holdback. The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield, and U/W NCF Debt Yield for the Mortgage Loan are 31.0%, 31.0%, 16.3%, and 15.7%, respectively, based on the full Cut-Off Date Balance or scheduled principal balance at maturity, as applicable. The stabilized Appraisal Value, which assumes that the Mortgaged Property reaches stabilized occupancy of 95.5% as of February 1, 2019, is $154,000,000. Including and excluding the $7,500,000 achievement reserve from the Mortgage Loan, the Cut-off Date LTV Ratio based on the stabilized Appraisal Value is 29.2% and 24.4%, respectively. Including and excluding the $7,500,000 achievement reserve from the Whole Loan, the Cut-off Date LTV Ratio based on the stabilized Appraisal Value is 54.1% and 49.2%, respectively. |
Loan No. 14 – Cedar Ridge – The Mortgage Loan is structured with two initial holdback reserves. The first holdback reserve, the ASH TI & Free Rent Reserve, is in the amount of $1,009,406, which equals the sum of (i) a $684,056 outstanding tenant improvement allowance due to tenant American Specialty Health and (ii) three months of abated rent totaling $325,350 for the period of January, February, and March 2021. The ASH TI & Free Rent Reserve will be
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disbursed so long as American Specialty Health's lease is in full force and effect and (a) with respect to clause (i) above, the borrower submits a request to release such funds for approved leasing expenses as set forth in the related Mortgage Loan documents; and (b) with respect to clause (ii) above, in January 2021, February 2021 and March 2021 in accordance with the related disbursement schedule included in the Mortgage Loan documents. The second holdback, the Coldwell Bank Reserve, is in the amount of $2,750,000. The Coldwell Bank Reserve will be released to the borrower upon satisfaction of certain conditions related to the third largest tenant at the Mortgaged Property, NRT Texas LLC dba Coldwell Banker, including (i) NRT Texas LLC dba Coldwell Banker occupying its leased premises, (ii) NRT Texas LLC dba Coldwell Banker commencing paying rent and (iii) NRT Texas LLC dba Coldwell Banker executing a lender-approved estoppel.
Loan No. 42 – 137 N Virgil Avenue – An unfunded obligations reserve in the amount of $273,590 was escrowed at origination. The sum will be released to the borrower upon Saban Community Clinic opening for business at the Mortgaged Property.
(15) | Loan No. 34 – Mesa GSA – The borrower will be required to deposit $3,427.25 into the Monthly TI/LC Reserve beginning on the payment date in November 2020. |
(16) | Loan No. 5 – Orlando Airport Marriott Lakeside – The borrower deposited $300,000 at origination into a Seasonality Reserve. Commencing in February 2019 and on each payment date thereafter, a $100,000 monthly escrow payment will be made into the Seasonality Reserve account, which is capped at $500,000. |
Loan No. 24 – Hilton Garden Inn Bettendorf Quad Cities – The borrower deposited $50,000 at origination into a Seasonality Reserve.
Loan No. 31 – Four Points by Sheraton Louisville Airport – The borrower deposited $103,000 at origination into a Seasonality Reserve.
(17) | Loan No. 25 – Elms Hotel & Spa – The monthly escrow for FF&E is based on 3.0% of gross revenues for months 1-12, 4.0% of gross revenues for months 13-24, 5.0% of gross revenues for months 25-36, and 6.0% of gross revenues for months 37-60. |
(18) | Loan No. 1 – 20 Times Square – The ESA for the Mortgaged Property noted two HRECs related to spills at the Mortgaged Property. The first HREC relates to a release of 400 gallons of petroleum on April 29, 2005. The New York State Department of Environmental Conservation (“NYSDEC”) granted this incident a “case closed” status following cleanup efforts. The second HREC relates to the delivery on December 21, 2012 of 800 gallons of No. 4 fuel oil into a disconnected fill pipe, which in turn pumped 800-gallons of fuel into the basement and into Con Ed vaults along the sidewalk. Following remediation efforts, the NYSDEC granted a “case closed” status on October 3, 2014. The ESA also noted that, with respect to both HRECs, because the Mortgaged Property has since been redeveloped, including a full footprint excavation down to three sub-cellar levels, any residual contamination would have likely been excavated and removed from the site as part of redevelopment activities. |
Loan No. 2 – Riverfront Plaza – The Mortgaged Property was formerly equipped with a gasoline filling station on the central portion of the Mortgaged Property from 1964 through 1983, which included two underground storage tanks. A release of gasoline at the Mortgaged Property was reported in 1988. Based on the removal of the tanks, analytical results, regulatory closure, and redevelopment of the Mortgaged Property with five sub-grade parking levels and presumed removal of any remaining contaminated soils, the former underground storage tanks are considered a historic recognized environmental condition for which no further action is necessary.
Loan No. 3 – Torrance Technology Campus – The ESA for the Mortgaged Property identified multiple RECs, CRECs, and HRECs as a result of past releases of hazardous substances in connection with the prior on-site operations of Hughes Aircraft Company and The Boeing Co. (“Boeing”). Boeing has been established as the responsible party for investigating, monitoring and remediating on-site contamination at the Mortgaged Property. Boeing is required to facilitate ongoing remediation activities at the Mortgaged Property, and such remediation activities are conducted with regulatory oversight provided by the California Department of Toxic Substances Control. In connection with the remediation efforts, the Mortgaged Property is subject to land use covenant agreements (“LUC”) that restrict the land use and limit certain activity at the Mortgaged Property. The environmental consultant recommended that the related borrower comply with the LUCs and allow Boeing to complete remediation.
(19) | Loan No. 8 – AFIN Portfolio – The ESAs for the Mortgaged Properties did not note any recognized environmental conditions. However, the ESA for the Shoppes of West Melbourne Mortgaged Property indicated the former presence of a dry cleaner as a business environmental risk. In lieu of an environmental indemnitor, the related borrower sponsor provided an environmental insurance policy for the Shoppes of West Melbourne Mortgaged Property. The environmental insurance policy was issued by Berkeley Specialty Underwriting Managers, which has an A.M. Best rating of “A-” or |
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better, with limits of $1,000,000 per occurrence and $1,000,000 in the aggregate. The environmental insurance policy provides coverage during the term of the Whole Loan and contains an optional three-year extension option.
Loan No. 10 – Griffin Portfolio II – The ESA for the Southern Company Services Headquarters Mortgaged Property identified a historical recognized environmental condition with respect to two diesel fuel underground storage tanks that were removed in 1994; no further action letters were subsequently issued by the Alabama Department of Environmental Management. The ESA also recommended indoor air quality monitoring of an area that underwent mold remediation in 2016 and implementation of the Legionella Risk Management Plan that was developed after legionella was identified in water systems in 2016. The lenders are insured under an environmental collateral protection and liability-type environmental insurance policy from Steadfast Insurance Company, a member company of Zurich North America, in the amount of $20,000,000 per incident and in the aggregate, with a $50,000 deductible per incident and an expiration date of December 22, 2026. Zurich North America has an S&P rating of “AA-”.
(20) | For more information see “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in the preliminary prospectus. |
(21) | Loan No. 23 – University Village – A monthly escrow for the Ground Lease Reserve is based on the underwritten ground lease amount of approximately $487,980. |
(22) | Loan No. 1 – 20 Times Square – Historical financial and occupancy information is not available as the Improvement is scheduled to be completed in July 2018. |
(23) | Loan No. 15 – Melbourne Hotel Portfolio – The U/W EGI is based on adjusted Most Recent EGI. Both the Hilton Melbourne Beach Oceanfront Mortgaged Property and the Doubletree Suites Melbourne Beach Mortgaged Property were closed for mandatory evacuation on September 8, 2017 due to Hurricane Irma. Following the hurricane, both Mortgaged Properties were temporarily closed while damage from the hurricane was repaired. The Doubletree Suites Melbourne Beach Mortgaged Property was fully operational by October 2, 2017 while the Hilton Melbourne Beach Oceanfront Mortgaged Property was fully operational by November 4, 2017. Adjusted Most Recent EGI replaces September and October 2017 room revenue with September and October 2016 room revenue to account for the impact from hurricane. |
(24) | Loan No. 10 – Griffin Portfolio II – During a debt yield sweep period, the borrowers are required to deposit monthly into a replacement reserve (i) 1/12th of $0.10 per annum PSF of industrial space and (ii) 1/12th of $0.20 per annum PSF of office space, capped at two years’ worth of such deposits (currently estimated to be $723,557). Additionally, beginning on May 1, 2023 (regardless of whether the deposits described in the preceding sentence are then required), the borrowers are required to deposit monthly into the replacement reserve (i) 1/12th of $0.10 per annum PSF of industrial space and (ii) 1/12th of $0.20 per annum PSF of office space, capped at one years’ worth of such deposits (currently estimated to be $361,779). Notwithstanding the foregoing, at any time the reserve balance falls below the applicable cap or an event of default exists, the borrowers are required to resume monthly deposits to the replacement reserve until the applicable cap is reached or exceeded or until the event of default ceases to exist. |
(25) | Loan No. 10 – Griffin Portfolio II – During a debt yield sweep period, the borrowers are required to deposit monthly into a TI/LC Reserve (i) 1/12th of $0.50 per annum PSF of industrial space and (ii) 1/12th of $1.00 per annum PSF of office space, capped at two years’ worth of such deposits (currently estimated to be $3,617,786). Additionally, beginning on May 1, 2023 (regardless of whether the deposits described in the preceding sentence are then required), the borrowers are required to deposit monthly into the TI/LC Reserve (i) 1/12th of $0.50 per annum PSF of industrial space and (ii) 1/12th of $1.00 per annum PSF of office space, capped at one years’ worth of such deposits (currently estimated to be $1,808,893). Notwithstanding the foregoing, at any time the TI/LC Reserve balance falls below the applicable cap or an event of default exists, the borrowers are required to resume monthly deposits to the TI/LC Reserve until the applicable cap is reached or exceeded or until the event of default ceases to exist. |
(26) | Loan No. 6 – Travelers Tower I – The borrower deposited $1,267,691 at origination into three separate tenant allowances subaccounts comprised of $172,894 into a free rent reserve subaccount and $1,094,797 for outstanding tenant improvements including $759,220 into a MC reserve subaccount for the tenant Mortgage Center, L.C. and $335,577 into a GA reserve subaccount for the tenant Group Associates Inc. |
(27) | Loan No. 2 – Riverfront Plaza – The total debt amortizes based on a non-standard amortization schedule as set forth on Annex F to the preliminary prospectus. The U/W NOI DSCR, U/W NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing August 5, 2018. |
Loan No. 4 – 5th Street Station – The Total Debt UW NCF DSCR is calculated based on the aggregate of the twelve debt service payments commencing on July 6, 2023 as the mezzanine A loan amortizes based on a non-standard amortization schedule after an initial 60-month interest-only period.
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(28) | Loan No. 3 – Torrance Technology Campus – The largest tenant at the Mortgaged Property, L3 Communications Corporation, may request at any time prior to October 1, 2019 that the borrower provide $4,000,000 to cover actual hard costs of certain construction of tenant improvements. The Whole Loan documents provide that the borrower will be liable for any and all losses incurred by the lender in connection with the borrower’s failure to provide such funds, provided that from and after the date that L3 Communications Corporation is no longer permitted, pursuant to the terms of L3 Communications Corporation’s lease, to request any portion of such funds, the borrower will no longer have recourse liability. |
(29) | Loan No. 36 – City Line Apartments – The Mortgage Loan is structured with a BI Reserve (the “City Line BI Reserve”). At closing, the related borrower was required to deposit $1,000,000 into the City Line BI Reserve. Pursuant to the Mortgage Loan documents, the related borrower may deposit with the related lender a letter of credit in the amount of $1,000,000 (the “City Line BI Letter of Credit”) in order to cause the release of the $1,000,000 from the City Line BI Reserve. Upon the related borrower providing evidence to the related lender that the related borrower has purchased satisfactory business interruption insurance for the remaining term of the Mortgage Loan specifically relating to potential flood damage affecting the Mortgaged Property, (x) if the City Line BI Letter of Credit has not been deposited with the related lender, the related lender shall disburse the City Line BI Reserve funds to the related borrower, or (y) if the City Line BI Letter of Credit has been deposited with the related lender, the related lender shall return the City Line BI Letter of Credit to the related borrower. |
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