FWP 1 n1267_anxa1-x5.htm FREE WRITING PROSPECTUS

    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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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.

 

 
     
     

 

 

 

 

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

 

A-1-11

 

 

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

 

A-1-14

 

 

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.

 

A-1-16

 

 

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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