FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-227081-05 | ||
The Information contained herein (the "Information") is preliminary and subject to change. The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2020-C19 (the "Offering Document"). The Information supersedes any such information previously delivered. The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document. The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The Information contained herein will be more fully described elsewhere in the Offering Document. The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. The privately offered securities described in the Offering Document as to which the Information relates have not been and will not be registered under the United States Securities Act of 1933, as amended. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation could be illegal.
For investors in publicly offered securities as to which the Information relates: The depositor has filed a registration statement (including the prospectus) with the SEC (SEC File No. 333-227081) 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 website at www.sec.gov. Alternatively, the depositor or the underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-221-1037.
The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the Certificates referred to herein in making their investment decision.
The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached 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 email system. |
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
Loan No. | Footnotes | Flag | Deal Name | % of Initial Pool Balance | Mortgage Loan Originator | Mortgage Loan Seller(1) | Original Balance(2) | Cut-off Date Balance(2)(3) | Maturity/ARD Balance(2) | Cut-off Date Balance per SF/Units/Rooms | Loan Purpose |
1 | Loan | KPMG Plaza at Hall Arts | 8.2% | Column Financial, Inc. | Column | $68,000,000 | $68,000,000 | $68,000,000 | $242.14 | Acquisition | |
2 | (22) | Loan | Peachtree Office Towers | 8.0% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $66,000,000 | $66,000,000 | $57,654,939 | $106.50 | Refinance |
3 | Loan | Selig Office Portfolio | 7.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $60,000,000 | $60,000,000 | $60,000,000 | $335.23 | Refinance | |
3.01 | Property | 4th & Battery | $24,907,836 | $24,907,836 | $24,907,836 | $335.23 | |||||
3.02 | Property | 333 Elliott | $24,182,000 | $24,182,000 | $24,182,000 | $335.23 | |||||
3.03 | Property | 3rd & Battery | $10,910,164 | $10,910,164 | $10,910,164 | $335.23 | |||||
4 | Loan | Arciterra Portfolio | 7.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $60,000,000 | $60,000,000 | $50,070,746 | $93.42 | Refinance | |
4.01 | Property | Seven Hills Plaza | $22,650,023 | $22,650,023 | $18,901,726 | $93.42 | |||||
4.02 | Property | Cumberland Place | $7,055,230 | $7,055,230 | $5,887,677 | $93.42 | |||||
4.03 | Property | Westgate Plaza | $5,214,437 | $5,214,437 | $4,351,513 | $93.42 | |||||
4.04 | Property | Main Street Office | $4,912,268 | $4,912,268 | $4,099,349 | $93.42 | |||||
4.05 | Property | Auburn Cord Plaza | $3,777,745 | $3,777,745 | $3,152,575 | $93.42 | |||||
4.06 | Property | Plainfield Village | $3,545,981 | $3,545,981 | $2,959,165 | $93.42 | |||||
4.07 | Property | Mayodan Shopping Center | $2,578,073 | $2,578,073 | $2,151,434 | $93.42 | |||||
4.08 | Property | Burlington Plaza West | $2,052,255 | $2,052,255 | $1,712,632 | $93.42 | |||||
4.09 | Property | Shoppes at Heather Glen | $1,924,496 | $1,924,496 | $1,606,015 | $93.42 | |||||
4.10 | Property | Pine Tree Plaza | $1,681,190 | $1,681,190 | $1,402,974 | $93.42 | |||||
4.11 | Property | Ville Platte Shopping Center | $1,412,200 | $1,412,200 | $1,178,498 | $93.42 | |||||
4.12 | Property | Sweden Shopping Center | $1,281,617 | $1,281,617 | $1,069,525 | $93.42 | |||||
4.13 | Property | Longview Center | $1,208,228 | $1,208,228 | $1,008,282 | $93.42 | |||||
4.14 | Property | Eastman Shopping Center | $706,257 | $706,257 | $589,381 | $93.42 | |||||
5 | Loan | The Westchester | 6.0% | Column Financial, Inc. | Column | $50,000,000 | $50,000,000 | $50,000,000 | $421.39 | Refinance | |
6 | Loan | Sol y Luna | 6.0% | Cantor Commercial Real Estate Lending, L.P.; Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $50,000,000 | $50,000,000 | $50,000,000 | $92,118.73 | Acquisition | |
7 | Loan | University Village | 5.4% | Column Financial, Inc. | Column | $45,000,000 | $45,000,000 | $45,000,000 | $418.32 | Refinance | |
8 | Loan | Renaissance Plano | 5.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $45,000,000 | $44,537,966 | $36,326,430 | $293,012.94 | Refinance | |
9 | Loan | Monaco Park Apartments | 5.1% | Column Financial, Inc. | Column | $42,500,000 | $42,500,000 | $42,500,000 | $149,647.89 | Acquisition | |
10 | Loan | Portofino Cove | 4.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $34,500,000 | $34,500,000 | $34,500,000 | $127,777.78 | Refinance | |
11 | (23) | Loan | U-Haul AREC 41 Portfolio | 3.9% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $32,000,000 | $32,000,000 | $22,217,503 | $6,632.12 | Recapitalization |
11.01 | Property | U-Haul Moving & Storage of Mesa | $5,218,709 | $5,218,709 | $3,623,334 | $6,632.12 | |||||
11.02 | Property | U-Haul Storage of Roscoe | $4,079,373 | $4,079,373 | $2,832,297 | $6,632.12 | |||||
11.03 | Property | U-Haul Storage of South Beloit | $3,953,477 | $3,953,477 | $2,744,887 | $6,632.12 | |||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | $3,197,280 | $3,197,280 | $2,219,862 | $6,632.12 | |||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | $3,008,163 | $3,008,163 | $2,088,559 | $6,632.12 | |||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | $2,984,455 | $2,984,455 | $2,072,098 | $6,632.12 | |||||
11.07 | Property | U-Haul Storage of Crestview | $2,062,304 | $2,062,304 | $1,431,852 | $6,632.12 | |||||
11.08 | Property | U-Haul Storage of Beloit | $1,778,247 | $1,778,247 | $1,234,632 | $6,632.12 | |||||
11.09 | Property | U-Haul Storage of Fremont | $1,660,962 | $1,660,962 | $1,153,201 | $6,632.12 | |||||
11.10 | Property | U-Haul Storage of Rock River | $1,329,816 | $1,329,816 | $923,287 | $6,632.12 | |||||
11.11 | Property | U-Haul Storage of North Beloit | $1,068,213 | $1,068,213 | $741,657 | $6,632.12 | |||||
11.12 | Property | U-Haul Storage of Southwest Beloit | $948,311 | $948,311 | $658,410 | $6,632.12 | |||||
11.13 | Property | U-Haul Storage of West Beloit | $710,688 | $710,688 | $493,429 | $6,632.12 | |||||
12 | (24) | Loan | Hammond Aire | 3.6% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $29,800,000 | $29,800,000 | $25,179,578 | $85.23 | Acquisition |
13 | (25) | Loan | APX Morristown | 3.1% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $26,000,000 | $26,000,000 | $22,756,938 | $135.60 | Refinance |
14 | Loan | Lampwork Apartments | 2.9% | Column Financial, Inc. | Column | $24,000,000 | $24,000,000 | $24,000,000 | $260,869.57 | Refinance | |
15 | Loan | B3 Lofts | 2.4% | Column Financial, Inc. | Column | $19,700,000 | $19,700,000 | $19,700,000 | $240,243.90 | Refinance | |
16 | (26) | Loan | 1399 Park Avenue | 2.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $18,000,000 | $18,000,000 | $18,000,000 | $814.48 | Acquisition |
17 | Loan | Bella Grand | 2.1% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $17,200,000 | $17,200,000 | $17,200,000 | $89,583.33 | Acquisition | |
18 | Loan | Bakery Lofts | 1.7% | Column Financial, Inc. | Column | $14,300,000 | $14,300,000 | $14,300,000 | $250,877.19 | Refinance | |
19 | Loan | Howard Commons | 1.6% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $13,500,000 | $13,500,000 | $10,748,754 | $38.00 | Refinance | |
20 | Loan | West Towne Commons | 1.6% | Column Financial, Inc. | Column | $13,500,000 | $13,477,937 | $10,586,523 | $74.48 | Acquisition | |
21 | Loan | CEV Upstate Apartments | 1.6% | Column Financial, Inc. | Column | $13,500,000 | $13,459,133 | $10,618,653 | $28,039.86 | Acquisition | |
22 | Loan | MacArthur Village | 1.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $11,850,000 | $11,850,000 | $8,490,773 | $65.01 | Refinance | |
23 | Loan | Tru Fayetteville | 1.3% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $11,000,000 | $11,000,000 | $7,846,943 | $100,917.43 | Refinance | |
24 | Loan | Langston Landing | 1.3% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $10,750,000 | $10,750,000 | $10,750,000 | $128.79 | Acquisition | |
25 | Loan | 3030 Chapman Apartments | 1.3% | Column Financial, Inc. | Column | $10,700,000 | $10,700,000 | $10,700,000 | $260,975.61 | Refinance | |
26 | Loan | Adam's Towers | 1.3% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $10,500,000 | $10,500,000 | $10,500,000 | $136,363.64 | Refinance | |
27 | Loan | DDC4 Portfolio | 1.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $10,350,000 | $10,350,000 | $10,350,000 | $585.37 | Refinance | |
27.01 | Property | 2029 P Street NW | $5,131,486 | $5,131,486 | $5,131,486 | $585.37 | |||||
27.02 | Property | 900 6th Street NW | $2,313,911 | $2,313,911 | $2,313,911 | $585.37 | |||||
27.03 | Property | 440 Massachusetts Avenue NW | $1,775,536 | $1,775,536 | $1,775,536 | $585.37 | |||||
27.04 | Property | 1401 R Street NW | $1,129,068 | $1,129,068 | $1,129,068 | $585.37 | |||||
28 | Loan | B2 Lofts | 1.1% | Column Financial, Inc. | Column | $9,000,000 | $9,000,000 | $9,000,000 | $250,000.00 | Refinance | |
29 | Loan | 5th Street Lofts | 0.9% | Column Financial, Inc. | Column | $7,400,000 | $7,400,000 | $7,400,000 | $284,615.38 | Refinance | |
30 | Loan | 1080 Lofts | 0.7% | Column Financial, Inc. | Column | $5,400,000 | $5,400,000 | $5,400,000 | $200,000.00 | Refinance |
A-1-1
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY CHARACTERISTICS | |||||||
Loan No. | Footnotes | Flag | Deal Name | Sponsor | Non-Recourse Carveout Guarantor | No. of Properties | |
1 | Loan | KPMG Plaza at Hall Arts | Masaveu Real Estate US, Delaware LLC | Masaveu Real Estate US, Delaware LLC | 1 | ||
2 | (22) | Loan | Peachtree Office Towers | Richard E. Bowers | Richard E. Bowers | 1 | |
3 | Loan | Selig Office Portfolio | Martin Selig; Selig Family Holdings, LLC | Martin Selig; Selig Family Holdings, LLC | 3 | ||
3.01 | Property | 4th & Battery | 1 | ||||
3.02 | Property | 333 Elliott | 1 | ||||
3.03 | Property | 3rd & Battery | 1 | ||||
4 | Loan | Arciterra Portfolio | Jonathan M. Larmore | Jonathan M. Larmore | 14 | ||
4.01 | Property | Seven Hills Plaza | 1 | ||||
4.02 | Property | Cumberland Place | 1 | ||||
4.03 | Property | Westgate Plaza | 1 | ||||
4.04 | Property | Main Street Office | 1 | ||||
4.05 | Property | Auburn Cord Plaza | 1 | ||||
4.06 | Property | Plainfield Village | 1 | ||||
4.07 | Property | Mayodan Shopping Center | 1 | ||||
4.08 | Property | Burlington Plaza West | 1 | ||||
4.09 | Property | Shoppes at Heather Glen | 1 | ||||
4.10 | Property | Pine Tree Plaza | 1 | ||||
4.11 | Property | Ville Platte Shopping Center | 1 | ||||
4.12 | Property | Sweden Shopping Center | 1 | ||||
4.13 | Property | Longview Center | 1 | ||||
4.14 | Property | Eastman Shopping Center | 1 | ||||
5 | Loan | The Westchester | Simon Property Group, L.P.; Institutional Mall Investors LLC | Simon Property Group, L.P. | 1 | ||
6 | Loan | Sol y Luna | Patrick Nelson; Arbor Realty SR, Inc. | Patrick Nelson; Nelson Partners, LLC | 1 | ||
7 | Loan | University Village | Stuart M. Sloan | Stuart M. Sloan | 1 | ||
8 | Loan | Renaissance Plano | Daniel S. Moon; Samuel S. Moon; Daniel S. Moon Investment Trust U/A/D 5/20/2003; Samuel S. Moon Investment Trust U/A/D 5/20/2003 | Daniel S. Moon; Samuel S. Moon; Daniel S. Moon Investment Trust U/A/D 5/20/2003; Samuel S. Moon Investment Trust U/A/D 5/20/2003 | 1 | ||
9 | Loan | Monaco Park Apartments | BREIT MF Holdings LLC | BREIT MF Holdings LLC | 1 | ||
10 | Loan | Portofino Cove | Prime Hospitality Group II, LLC | Prime Hospitality Group, LLC | 1 | ||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | AMERCO | AMERCO | 13 | |
11.01 | Property | U-Haul Moving & Storage of Mesa | 1 | ||||
11.02 | Property | U-Haul Storage of Roscoe | 1 | ||||
11.03 | Property | U-Haul Storage of South Beloit | 1 | ||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | 1 | ||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | 1 | ||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | 1 | ||||
11.07 | Property | U-Haul Storage of Crestview | 1 | ||||
11.08 | Property | U-Haul Storage of Beloit | 1 | ||||
11.09 | Property | U-Haul Storage of Fremont | 1 | ||||
11.10 | Property | U-Haul Storage of Rock River | 1 | ||||
11.11 | Property | U-Haul Storage of North Beloit | 1 | ||||
11.12 | Property | U-Haul Storage of Southwest Beloit | 1 | ||||
11.13 | Property | U-Haul Storage of West Beloit | 1 | ||||
12 | (24) | Loan | Hammond Aire | Hardam S. Azad; William F. Harmeyer | Hardam S. Azad; William F. Harmeyer | 1 | |
13 | (25) | Loan | APX Morristown | Fawkes Investments, L.P. | Keystone Tristate Opportunity Fund, LP; Keystone Tristate Opportunity Parallel Fund, LP; Fawkes Investments, L.P. | 1 | |
14 | Loan | Lampwork Apartments | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014; Seth Jacobsen | 1 | ||
15 | Loan | B3 Lofts | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014 | 1 | ||
16 | (26) | Loan | 1399 Park Avenue | Jeremy Markowitz; David Stern | Jeremy Markowitz; David Stern | 1 | |
17 | Loan | Bella Grand | Ravindra Gupta; Vikram Raya | Ravindra Gupta; Vikram Raya | 1 | ||
18 | Loan | Bakery Lofts | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014 | 1 | ||
19 | Loan | Howard Commons | Jeffrey Aeder | Jeffrey Aeder | 1 | ||
20 | Loan | West Towne Commons | Yale I. Paprin | Yale I. Paprin | 1 | ||
21 | Loan | CEV Upstate Apartments | Mikael J. Levey; Benjamin Leffell | Mikael J. Levey; Benjamin Leffell | 1 | ||
22 | Loan | MacArthur Village | James E. Maurin | James E. Maurin | 1 | ||
23 | Loan | Tru Fayetteville | Nikhil Patel; Amar Patel | Nikhil Patel; Amar Patel | 1 | ||
24 | Loan | Langston Landing | Sterling United Properties II, L.P. | Sterling United Properties II, L.P. | 1 | ||
25 | Loan | 3030 Chapman Apartments | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014 | 1 | ||
26 | Loan | Adam's Towers | John W. Holmes; Carol K. Segal | John W. Holmes; Carol K. Segal | 1 | ||
27 | Loan | DDC4 Portfolio | Norman Jemal | Norman Jemal | 4 | ||
27.01 | Property | 2029 P Street NW | 1 | ||||
27.02 | Property | 900 6th Street NW | 1 | ||||
27.03 | Property | 440 Massachusetts Avenue NW | 1 | ||||
27.04 | Property | 1401 R Street NW | 1 | ||||
28 | Loan | B2 Lofts | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014; Ronald Dreisbach; 2017 Amended And Restated Dreisbach Family Trust | 1 | ||
29 | Loan | 5th Street Lofts | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014 | 1 | ||
30 | Loan | 1080 Lofts | John Protopappas | John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014; Ronald Dreisbach; 2017 Amended And Restated Dreisbach Family Trust | 1 |
A-1-2
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY CHARACTERISTICS | ||||||||||||
Loan No. | Footnotes | Flag | Deal Name | General Property Type | Detailed Property Type | Title Type(4) | Ground Lease Initial Lease Expiration Date | Address | City | County | State | Zip Code |
1 | Loan | KPMG Plaza at Hall Arts | Office | CBD | Fee | NAP | 2323 Ross Avenue | Dallas | Dallas | TX | 75201 | |
2 | (22) | Loan | Peachtree Office Towers | Office | CBD | Fee | NAP | 260 and 270 Peachtree Street Northwest | Atlanta | Fulton | GA | 30303 |
3 | Loan | Selig Office Portfolio | Office | CBD | Fee | NAP | Various | Seattle | King | WA | Various | |
3.01 | Property | 4th & Battery | Office | CBD | Fee | NAP | 2401 4th Avenue | Seattle | King | WA | 98121 | |
3.02 | Property | 333 Elliott | Office | CBD | Fee | NAP | 333 Elliott Avenue West | Seattle | King | WA | 98119 | |
3.03 | Property | 3rd & Battery | Office | CBD | Fee | NAP | 2400 3rd Avenue | Seattle | King | WA | 98121 | |
4 | Loan | Arciterra Portfolio | Various | Various | Fee | NAP | Various | Various | Various | Various | Various | |
4.01 | Property | Seven Hills Plaza | Retail | Anchored | Fee | NAP | 18511-18883 East Hampden Avenue | Aurora | Arapahoe | CO | 80013 | |
4.02 | Property | Cumberland Place | Retail | Unanchored | Fee | NAP | 2997 Cumberland Boulevard Southeast | Smyrna | Cobb | GA | 30080 | |
4.03 | Property | Westgate Plaza | Retail | Anchored | Fee | NAP | 5173 West Washington Street | Indianapolis | Marion | IN | 46241 | |
4.04 | Property | Main Street Office | Office | Suburban | Fee | NAP | 320 West Lanier Avenue | Fayetteville | Fayette | GA | 30214 | |
4.05 | Property | Auburn Cord Plaza | Retail | Anchored | Fee | NAP | 342-350 & 430-652 North Grandstaff Drive | Auburn | DeKalb | IN | 46706 | |
4.06 | Property | Plainfield Village | Retail | Unanchored | Fee | NAP | 160 Plainfield Village Drive | Plainfield | Hendricks | IN | 46168 | |
4.07 | Property | Mayodan Shopping Center | Retail | Shadow Anchored | Fee | NAP | 131 Commerce Drive | Mayodan | Rockingham | NC | 27027 | |
4.08 | Property | Burlington Plaza West | Retail | Shadow Anchored | Fee | NAP | 3351 Agency Street | Burlington | Des Moines | IA | 52655 | |
4.09 | Property | Shoppes at Heather Glen | Retail | Shadow Anchored | Fee | NAP | 2063-2079 East Laraway Road | New Lenox | Will | IL | 60451 | |
4.10 | Property | Pine Tree Plaza | Retail | Shadow Anchored | Fee | NAP | 22 West Newell Road | Danville | Vermilion | IL | 61834 | |
4.11 | Property | Ville Platte Shopping Center | Retail | Shadow Anchored | Fee | NAP | 925 East LaSalle Street | Ville Platte | Evangeline Parish | LA | 70586 | |
4.12 | Property | Sweden Shopping Center | Retail | Shadow Anchored | Fee | NAP | 1651 Nathaniel Poole Trail | Brockport | Monroe | NY | 14420 | |
4.13 | Property | Longview Center | Retail | Shadow Anchored | Fee | NAP | 711 Estes Drive | Longview | Gregg | TX | 75602 | |
4.14 | Property | Eastman Shopping Center | Retail | Shadow Anchored | Fee | NAP | 970 Indian Drive | Eastman | Dodge | GA | 31023 | |
5 | Loan | The Westchester | Retail | Super-Regional Mall | Fee & Leasehold | 12/30/2091 | 125 Westchester Avenue | White Plains | Westchester | NY | 10601 | |
6 | Loan | Sol y Luna | Multifamily | Student Housing | Fee | NAP | 1020 North Tyndall Avenue | Tucson | Pima | AZ | 85719 | |
7 | Loan | University Village | Retail | Lifestyle Center | Fee | NAP | 2623 Northeast University Village Street | Seattle | King | WA | 98105 | |
8 | Loan | Renaissance Plano | Hotel | Full Service | Fee | NAP | 6007 Legacy Drive | Plano | Collin | TX | 75024 | |
9 | Loan | Monaco Park Apartments | Multifamily | Garden | Fee | NAP | 8350 West Desert Inn Road | Las Vegas | Clark | NV | 89117 | |
10 | Loan | Portofino Cove | Multifamily | Garden | Fee | NAP | 4135 Umbria Lane | Fort Myers | Lee | FL | 33916 | |
11 | (23) | Loan | U-Haul AREC 41 Portfolio | Self Storage | Self Storage | Fee | NAP | Various | Various | Various | Various | Various |
11.01 | Property | U-Haul Moving & Storage of Mesa | Self Storage | Self Storage | Fee | NAP | 219 & 255 East McKellips Road | Mesa | Maricopa | AZ | 85201 | |
11.02 | Property | U-Haul Storage of Roscoe | Self Storage | Self Storage | Fee | NAP | 12522 North 2nd Street | Roscoe | Winnebago | IL | 61073 | |
11.03 | Property | U-Haul Storage of South Beloit | Self Storage | Self Storage | Fee | NAP | 4067 Prairie Hill Road | South Beloit | Winnebago | IL | 61080 | |
11.04 | Property | U-Haul Moving & Storage of Huber Heights | Self Storage | Self Storage | Fee | NAP | 6550-6660 Brandt Pike | Huber Heights | Montgomery | OH | 45424 | |
11.05 | Property | U-Haul Moving & Storage of Miamisburg | Self Storage | Self Storage | Fee | NAP | 234 Springboro Pike | Miamisburg | Montgomery | OH | 45449 | |
11.06 | Property | U-Haul Moving & Storage of Brentwood | Self Storage | Self Storage | Fee | NAP | 32 Middle Road | Brentwood | Rockingham | NH | 03833 | |
11.07 | Property | U-Haul Storage of Crestview | Self Storage | Self Storage | Fee | NAP | 2547 South Park Avenue | Beloit | Rock | WI | 53511 | |
11.08 | Property | U-Haul Storage of Beloit | Self Storage | Self Storage | Fee | NAP | 1405 Madison Road | Beloit | Rock | WI | 53511 | |
11.09 | Property | U-Haul Storage of Fremont | Self Storage | Self Storage | Fee | NAP | 25 Main Street | Fremont | Rockingham | NH | 03044 | |
11.10 | Property | U-Haul Storage of Rock River | Self Storage | Self Storage | Fee | NAP | 850 Doner Drive | South Beloit | Winnebago | IL | 61080 | |
11.11 | Property | U-Haul Storage of North Beloit | Self Storage | Self Storage | Fee | NAP | 1501 Bayliss Avenue | Beloit | Rock | WI | 53511 | |
11.12 | Property | U-Haul Storage of Southwest Beloit | Self Storage | Self Storage | Fee | NAP | 1922 Shirland Avenue | South Beloit | Winnebago | IL | 61080 | |
11.13 | Property | U-Haul Storage of West Beloit | Self Storage | Self Storage | Fee | NAP | 1430 Division Street | Beloit | Rock | WI | 53511 | |
12 | (24) | Loan | Hammond Aire | Retail | Anchored | Fee | NAP | 9616-9638 Airline Highway | Baton Rouge | East Baton Rouge Parish | LA | 70815 |
13 | (25) | Loan | APX Morristown | Office | Suburban | Fee | NAP | 412 Mount Kemble Avenue | Morristown | Morris | NJ | 07960 |
14 | Loan | Lampwork Apartments | Multifamily | Garden | Fee | NAP | 1614 Campbell Street | Oakland | Alameda | CA | 94607 | |
15 | Loan | B3 Lofts | Multifamily | Low Rise | Fee | NAP | 5000 Adeline Street | Oakland | Alameda | CA | 94608 | |
16 | (26) | Loan | 1399 Park Avenue | Office | CBD | Fee | NAP | 1399 Park Avenue | New York | New York | NY | 10029 |
17 | Loan | Bella Grand | Multifamily | Garden | Fee | NAP | 730 Franklin Gateway Southeast | Marietta | Cobb | GA | 30067 | |
18 | Loan | Bakery Lofts | Multifamily | Garden | Fee | NAP | 4600 Adeline Street | Oakland | Alameda | CA | 94608 | |
19 | Loan | Howard Commons | Industrial | Flex | Fee | NAP | 6151, 6201-6299 Howard Street | Niles | Cook | IL | 60714 | |
20 | Loan | West Towne Commons | Retail | Shadow Anchored | Fee | NAP | 17 Stonebrook Place | Jackson | Madison | TN | 38305 | |
21 | Loan | CEV Upstate Apartments | Multifamily | Student Housing | Fee | NAP | 101 Campus Suites Road | Spartanburg | Spartanburg | SC | 29303 | |
22 | Loan | MacArthur Village | Retail | Anchored | Fee | NAP | 1400 MacArthur Drive | Alexandria | Rapides Parish | LA | 71301 | |
23 | Loan | Tru Fayetteville | Hotel | Limited Service | Fee | NAP | 2055 Cedar Creek Road | Fayetteville | Cumberland | NC | 28312 | |
24 | Loan | Langston Landing | Retail | Anchored | Fee | NAP | 210-406 Washington Avenue South | Kent | King | WA | 98032 | |
25 | Loan | 3030 Chapman Apartments | Multifamily | Garden | Fee | NAP | 3030 and 3014 Chapman Street | Oakland | Alameda | CA | 94601 | |
26 | Loan | Adam's Towers | Multifamily | Mid Rise | Fee | NAP | 2325 15th Street Northwest | Washington | District of Columbia | DC | 20009 | |
27 | Loan | DDC4 Portfolio | Various | Various | Fee | NAP | Various | Washington | District of Columbia | DC | Various | |
27.01 | Property | 2029 P Street NW | Mixed Use | Retail/Office | Fee | NAP | 2029-2031 P Street, Northwest | Washington | District of Columbia | DC | 20036 | |
27.02 | Property | 900 6th Street NW | Mixed Use | Retail/Office | Fee | NAP | 900 6th Street, Northwest; 601 I Street, Northwest | Washington | District of Columbia | DC | 20001 | |
27.03 | Property | 440 Massachusetts Avenue NW | Office | CBD | Fee | NAP | 440 Massachusetts Avenue, Northwest | Washington | District of Columbia | DC | 20001 | |
27.04 | Property | 1401 R Street NW | Retail | Single Tenant | Fee | NAP | 1401 R Street, Northwest | Washington | District of Columbia | DC | 20009 | |
28 | Loan | B2 Lofts | Multifamily | Low Rise | Fee | NAP | 964 46th Street | Oakland | Alameda | CA | 94608 | |
29 | Loan | 5th Street Lofts | Multifamily | Garden | Fee | NAP | 1155 5th Street | Oakland | Alameda | CA | 94606 | |
30 | Loan | 1080 Lofts | Multifamily | Low Rise | Fee | NAP | 1080 23rd Avenue | Oakland | Alameda | CA | 94606 |
A-1-3
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY CHARACTERISTICS | MORTGAGE LOAN CHARACTERISTICS | |||||||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | Year Built | Year Renovated | Net Rentable Area SF/Units/ Rooms(5)(6) | Units of Measure | Occupancy Rate(5)(6) | Occupancy Rate As-of Date(6) | Appraised Value(7) | Appraisal As-of Date(7) | Interest Rate % | Admin Fee Rate %(8) | Net Mortgage Rate % | Interest Accrual Basis | Seasoning (mos.) | ARD (Yes/No) | Original Term to Maturity (mos.) | Remaining Term to Maturity (mos.) | |
1 | Loan | KPMG Plaza at Hall Arts | 2015 | NAP | 461,306 | Square Feet | 95.9% | 12/1/2019 | $239,800,000 | 11/25/2019 | 3.4100% | 0.01402% | 3.39598% | Actual/360 | 2 | No | 120 | 118 | ||
2 | (22) | Loan | Peachtree Office Towers | 1961, 1974 | 1999-2012 | 619,732 | Square Feet | 85.1% | 12/31/2019 | $109,000,000 | 9/4/2019 | 3.8173% | 0.04402% | 3.77325% | Actual/360 | 3 | No | 123 | 120 | |
3 | Loan | Selig Office Portfolio | Various | Various | 402,705 | Square Feet | 98.3% | 4/15/2019 | $228,700,000 | Various | 4.3780% | 0.04402% | 4.33398% | Actual/360 | 9 | No | 120 | 111 | ||
3.01 | Property | 4th & Battery | 1978 | 2018 | 202,130 | Square Feet | 96.6% | 4/15/2019 | $90,000,000 | 5/6/2019 | ||||||||||
3.02 | Property | 333 Elliott | 2008 | NAP | 133,472 | Square Feet | 100.0% | 4/15/2019 | $97,000,000 | 9/1/2019 | ||||||||||
3.03 | Property | 3rd & Battery | 2016 | NAP | 67,103 | Square Feet | 100.0% | 4/15/2019 | $41,700,000 | 5/6/2019 | ||||||||||
4 | Loan | Arciterra Portfolio | Various | Various | 642,256 | Square Feet | 89.6% | 1/29/2020 | $98,290,000 | Various | 3.6700% | 0.04402% | 3.62598% | Actual/360 | 0 | No | 120 | 120 | ||
4.01 | Property | Seven Hills Plaza | 1984 | 2015 | 135,753 | Square Feet | 89.8% | 1/29/2020 | $32,500,000 | 9/30/2019 | ||||||||||
4.02 | Property | Cumberland Place | 1996 | NAP | 33,200 | Square Feet | 86.4% | 1/29/2020 | $8,850,000 | 9/26/2019 | ||||||||||
4.03 | Property | Westgate Plaza | 1975 | NAP | 66,469 | Square Feet | 97.1% | 1/29/2020 | $6,350,000 | 10/2/2019 | ||||||||||
4.04 | Property | Main Street Office | 2008 | NAP | 27,799 | Square Feet | 91.0% | 1/29/2020 | $6,125,000 | 9/26/2019 | ||||||||||
4.05 | Property | Auburn Cord Plaza | 1987 | 2004 | 117,667 | Square Feet | 91.4% | 1/29/2020 | $6,000,000 | 9/19/2019 | ||||||||||
4.06 | Property | Plainfield Village | 2007 | NAP | 41,652 | Square Feet | 66.6% | 1/29/2020 | $8,400,000 | 10/2/2019 | ||||||||||
4.07 | Property | Mayodan Shopping Center | 1996 | 2007 | 55,659 | Square Feet | 94.2% | 1/29/2020 | $5,650,000 | 10/1/2019 | ||||||||||
4.08 | Property | Burlington Plaza West | 1989 | 1997 | 35,650 | Square Feet | 98.1% | 1/29/2020 | $5,200,000 | 10/2/2019 | ||||||||||
4.09 | Property | Shoppes at Heather Glen | 2009 | NAP | 16,000 | Square Feet | 77.5% | 1/29/2020 | $4,450,000 | 10/4/2019 | ||||||||||
4.10 | Property | Pine Tree Plaza | 2002 | NAP | 27,050 | Square Feet | 100.0% | 1/29/2020 | $4,500,000 | 10/4/2019 | ||||||||||
4.11 | Property | Ville Platte Shopping Center | 2006 | NAP | 25,400 | Square Feet | 100.0% | 1/29/2020 | $2,980,000 | 9/26/2019 | ||||||||||
4.12 | Property | Sweden Shopping Center | 2008 | NAP | 18,900 | Square Feet | 81.0% | 1/29/2020 | $2,890,000 | 10/1/2019 | ||||||||||
4.13 | Property | Longview Center | 2006 | NAP | 25,850 | Square Feet | 81.4% | 1/29/2020 | $2,820,000 | 9/27/2019 | ||||||||||
4.14 | Property | Eastman Shopping Center | 2006 | NAP | 15,207 | Square Feet | 73.7% | 1/29/2020 | $1,575,000 | 9/26/2019 | ||||||||||
5 | Loan | The Westchester | 1995 | 2015-2017 | 813,979 | Square Feet | 96.8% | 1/10/2020 | $810,000,000 | 11/26/2019 | 3.2500% | 0.01402% | 3.23598% | Actual/360 | 1 | No | 120 | 119 | ||
6 | Loan | Sol y Luna | 2013, 2014 | NAP | 977 | Beds | 89.4% | 9/4/2019 | $191,500,000 | 9/12/2019 | 3.8400% | 0.04402% | 3.79598% | Actual/360 | 2 | No | 120 | 118 | ||
7 | Loan | University Village | 1956 | 2019 | 597,635 | Square Feet | 100.0% | 11/18/2019 | $650,000,000 | 10/23/2019 | 3.3000% | 0.01402% | 3.28598% | Actual/360 | 3 | No | 120 | 117 | ||
8 | Loan | Renaissance Plano | 2017 | NAP | 304 | Rooms | 73.0% | 7/31/2019 | $139,400,000 | 5/9/2019 | 4.4500% | 0.04402% | 4.40598% | Actual/360 | 8 | No | 120 | 112 | ||
9 | Loan | Monaco Park Apartments | 1999 | 2018-2019 | 284 | Units | 93.0% | 1/6/2020 | $63,400,000 | 10/10/2019 | 3.3910% | 0.01402% | 3.37698% | Actual/360 | 4 | No | 120 | 116 | ||
10 | Loan | Portofino Cove | 2008, 2019 | NAP | 270 | Units | 91.5% | 1/29/2020 | $54,100,000 | 12/11/2019 | 3.8170% | 0.04402% | 3.77298% | Actual/360 | 1 | No | 121 | 120 | ||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | Various | Various | 4,825 | Units | 91.7% | 11/30/2019 | $51,960,000 | Various | 3.1100% | 0.04402% | 3.06598% | Actual/360 | 0 | Yes | 120 | 120 | |
11.01 | Property | U-Haul Moving & Storage of Mesa | 1986, 2018 | NAP | 1,090 | Units | 95.3% | 11/30/2019 | ||||||||||||
11.02 | Property | U-Haul Storage of Roscoe | 2015-2018 | NAP | 439 | Units | 94.3% | 11/30/2019 | ||||||||||||
11.03 | Property | U-Haul Storage of South Beloit | 1996, 2007, 2008, 2009 | NAP | 452 | Units | 94.2% | 11/30/2019 | ||||||||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | 1974 | 2016 | 734 | Units | 90.2% | 11/30/2019 | ||||||||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | 1988 | 2016 | 695 | Units | 85.2% | 11/30/2019 | ||||||||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | 1970, 1988, 1989, 1998 | NAP | 477 | Units | 89.5% | 11/30/2019 | ||||||||||||
11.07 | Property | U-Haul Storage of Crestview | 1959, 2015, 2016, 2018 | NAP | 174 | Units | 93.1% | 11/30/2019 | ||||||||||||
11.08 | Property | U-Haul Storage of Beloit | 2017 | NAP | 144 | Units | 93.8% | 11/30/2019 | ||||||||||||
11.09 | Property | U-Haul Storage of Fremont | 1970, 1988, 1989, 1998 | NAP | 232 | Units | 91.4% | 11/30/2019 | ||||||||||||
11.10 | Property | U-Haul Storage of Rock River | 1996, 2007, 2008, 2009 | NAP | 115 | Units | 93.0% | 11/30/2019 | ||||||||||||
11.11 | Property | U-Haul Storage of North Beloit | 2013 | NAP | 90 | Units | 92.2% | 11/30/2019 | ||||||||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | 2006, 2007 | NAP | 118 | Units | 87.3% | 11/30/2019 | ||||||||||||
11.13 | Property | U-Haul Storage of West Beloit | 2011-2012 | NAP | 65 | Units | 95.4% | 11/30/2019 | ||||||||||||
12 | (24) | Loan | Hammond Aire | 1985 | 2009 | 349,660 | Square Feet | 93.5% | 1/14/2020 | $48,300,000 | 11/15/2019 | 3.5100% | 0.04402% | 3.46598% | Actual/360 | 0 | No | 120 | 120 | |
13 | (25) | Loan | APX Morristown | 1986 | 2016-2018 | 486,742 | Square Feet | 94.0% | 6/21/2019 | $98,000,000 | 6/28/2019 | 3.6900% | 0.04402% | 3.64598% | Actual/360 | 6 | No | 120 | 114 | |
14 | Loan | Lampwork Apartments | 1910 | 2014 | 92 | Units | 94.6% | 1/1/2020 | $39,100,000 | 12/9/2019 | 3.4800% | 0.01402% | 3.46598% | Actual/360 | 1 | No | 120 | 119 | ||
15 | Loan | B3 Lofts | 2013 | NAP | 82 | Units | 92.7% | 1/1/2020 | $32,800,000 | 12/9/2019 | 3.3100% | 0.01402% | 3.29598% | Actual/360 | 1 | No | 120 | 119 | ||
16 | (26) | Loan | 1399 Park Avenue | 2019 | NAP | 22,100 | Square Feet | 100.0% | 9/9/2019 | $26,800,000 | 8/30/2019 | 3.6500% | 0.04402% | 3.60598% | Actual/360 | 5 | Yes | 124 | 119 | |
17 | Loan | Bella Grand | 1980 | 2016 | 192 | Units | 91.1% | 1/28/2020 | $25,850,000 | 10/30/2019 | 3.4186% | 0.04402% | 3.37458% | Actual/360 | 3 | No | 123 | 120 | ||
18 | Loan | Bakery Lofts | 1919 | 2002 | 57 | Units | 91.2% | 1/22/2020 | $22,450,000 | 12/9/2019 | 3.3100% | 0.01402% | 3.29598% | Actual/360 | 1 | No | 120 | 119 | ||
19 | Loan | Howard Commons | 1956, 1988 | 1986 | 355,266 | Square Feet | 94.9% | 11/12/2019 | $23,600,000 | 9/24/2019 | 3.7400% | 0.04402% | 3.69598% | Actual/360 | 2 | No | 122 | 120 | ||
20 | Loan | West Towne Commons | 1995-2006 | 2014-2015 | 180,960 | Square Feet | 89.8% | 11/6/2019 | $18,600,000 | 12/6/2019 | 3.6500% | 0.01402% | 3.63598% | Actual/360 | 1 | No | 120 | 119 | ||
21 | Loan | CEV Upstate Apartments | 2008 | NAP | 480 | Beds | 96.9% | 12/11/2019 | $19,500,000 | 10/17/2019 | 3.7300% | 0.01402% | 3.71598% | Actual/360 | 2 | No | 120 | 118 | ||
22 | Loan | MacArthur Village | 1957 | 2008 | 182,266 | Square Feet | 93.9% | 8/7/2019 | $17,100,000 | 8/23/2019 | 3.6800% | 0.04402% | 3.63598% | Actual/360 | 4 | No | 124 | 120 | ||
23 | Loan | Tru Fayetteville | 2018 | NAP | 109 | Rooms | 79.6% | 12/31/2019 | $18,500,000 | 12/10/2019 | 3.7700% | 0.04402% | 3.72598% | Actual/360 | 0 | No | 120 | 120 | ||
24 | Loan | Langston Landing | 1992, 1993, 1999 | NAP | 83,466 | Square Feet | 98.7% | 10/31/2019 | $17,450,000 | 10/10/2019 | 3.6150% | 0.04402% | 3.57098% | Actual/360 | 1 | No | 121 | 120 | ||
25 | Loan | 3030 Chapman Apartments | 2018 | NAP | 41 | Units | 100.0% | 1/22/2020 | $18,200,000 | 12/9/2019 | 3.4300% | 0.01402% | 3.41598% | Actual/360 | 1 | No | 120 | 119 | ||
26 | Loan | Adam's Towers | 1937 | 2015 | 77 | Units | 92.2% | 12/31/2019 | $16,300,000 | 11/22/2019 | 3.5300% | 0.04402% | 3.48598% | Actual/360 | 1 | No | 121 | 120 | ||
27 | Loan | DDC4 Portfolio | Various | Various | 17,681 | Square Feet | 100.0% | 8/15/2019 | $15,980,000 | 8/15/2019 | 3.7500% | 0.04402% | 3.70598% | Actual/360 | 4 | No | 124 | 120 | ||
27.01 | Property | 2029 P Street NW | 1910 | NAP | 8,856 | Square Feet | 100.0% | 8/15/2019 | $7,900,000 | 8/15/2019 | ||||||||||
27.02 | Property | 900 6th Street NW | 1890 | 2013 | 3,247 | Square Feet | 100.0% | 8/15/2019 | $3,400,000 | 8/15/2019 | ||||||||||
27.03 | Property | 440 Massachusetts Avenue NW | 2005 | NAP | 4,300 | Square Feet | 100.0% | 8/15/2019 | $2,900,000 | 8/15/2019 | ||||||||||
27.04 | Property | 1401 R Street NW | 1904 | 2013 | 1,278 | Square Feet | 100.0% | 8/15/2019 | $1,780,000 | 8/15/2019 | ||||||||||
28 | Loan | B2 Lofts | 2005 | NAP | 36 | Units | 88.9% | 2/4/2020 | $14,800,000 | 12/9/2019 | 3.3100% | 0.01402% | 3.29598% | Actual/360 | 1 | No | 120 | 119 | ||
29 | Loan | 5th Street Lofts | 1903 | 1985 | 26 | Units | 100.0% | 1/22/2020 | $12,100,000 | 12/10/2019 | 3.3100% | 0.01402% | 3.29598% | Actual/360 | 1 | No | 120 | 119 | ||
30 | Loan | 1080 Lofts | 1945 | 1991 | 27 | Units | 92.6% | 2/4/2020 | $9,200,000 | 12/10/2019 | 3.3100% | 0.01402% | 3.29598% | Actual/360 | 1 | No | 120 | 119 |
A-1-4
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN CHARACTERISTICS | ||||||||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | Original Interest-Only Period (mos.) | Remaining Interest-Only Period (mos.) | Original Amortization Term (mos.) | Remaining Amortization Term (mos.) | Note Date | First Payment Date | First P&I Payment Date (Partial IO Loans) | Maturity Date | ARD Loan Stated Maturity Date | Monthly Debt Service (P&I) | Monthly Debt Service (IO) | Annual Debt Service (P&I) | Annual Debt Service (IO) | Lockbox Type(9) | Cash Management Status | Crossed With Other Loans | Related-Borrower Loans |
1 | Loan | KPMG Plaza at Hall Arts | 120 | 118 | 0 | 0 | 12/23/2019 | 2/6/2020 | NAP | 1/6/2030 | 1/6/2030 | NAP | $195,917.13 | NAP | $2,351,005.56 | Hard | Springing | No | No | |
2 | (22) | Loan | Peachtree Office Towers | 60 | 57 | 360 | 360 | 11/21/2019 | 1/5/2020 | 1/5/2025 | 3/5/2030 | 3/5/2030 | $331,064.46 | $212,865.97 | $3,972,773.51 | $2,554,391.64 | Springing | Springing | No | No |
3 | Loan | Selig Office Portfolio | 120 | 111 | 0 | 0 | 6/5/2019 | 7/5/2019 | NAP | 6/5/2029 | 6/5/2029 | NAP | $221,940.28 | NAP | $2,663,283.36 | Hard | In-Place | No | No | |
3.01 | Property | 4th & Battery | ||||||||||||||||||
3.02 | Property | 333 Elliott | ||||||||||||||||||
3.03 | Property | 3rd & Battery | ||||||||||||||||||
4 | Loan | Arciterra Portfolio | 24 | 24 | 360 | 360 | 2/10/2020 | 4/5/2020 | 4/5/2022 | 3/5/2030 | 3/5/2030 | $275,152.70 | $186,048.61 | $3,301,832.40 | $2,232,583.32 | Hard | In-Place | No | No | |
4.01 | Property | Seven Hills Plaza | ||||||||||||||||||
4.02 | Property | Cumberland Place | ||||||||||||||||||
4.03 | Property | Westgate Plaza | ||||||||||||||||||
4.04 | Property | Main Street Office | ||||||||||||||||||
4.05 | Property | Auburn Cord Plaza | ||||||||||||||||||
4.06 | Property | Plainfield Village | ||||||||||||||||||
4.07 | Property | Mayodan Shopping Center | ||||||||||||||||||
4.08 | Property | Burlington Plaza West | ||||||||||||||||||
4.09 | Property | Shoppes at Heather Glen | ||||||||||||||||||
4.10 | Property | Pine Tree Plaza | ||||||||||||||||||
4.11 | Property | Ville Platte Shopping Center | ||||||||||||||||||
4.12 | Property | Sweden Shopping Center | ||||||||||||||||||
4.13 | Property | Longview Center | ||||||||||||||||||
4.14 | Property | Eastman Shopping Center | ||||||||||||||||||
5 | Loan | The Westchester | 120 | 119 | 0 | 0 | 1/21/2020 | 3/1/2020 | NAP | 2/1/2030 | 2/1/2030 | NAP | $137,297.45 | NAP | $1,647,569.40 | Hard | Springing | No | No | |
6 | Loan | Sol y Luna | 120 | 118 | 0 | 0 | 1/3/2020 | 2/6/2020 | NAP | 1/6/2030 | 1/6/2030 | NAP | $162,222.22 | NAP | $1,946,666.64 | Soft | Springing | No | No | |
7 | Loan | University Village | 120 | 117 | 0 | 0 | 12/2/2019 | 1/6/2020 | NAP | 12/6/2029 | 12/6/2029 | NAP | $125,468.75 | NAP | $1,505,625.00 | Hard | Springing | No | No | |
8 | Loan | Renaissance Plano | 0 | 0 | 360 | 352 | 7/2/2019 | 8/5/2019 | NAP | 7/5/2029 | 7/5/2029 | $226,673.44 | NAP | $2,720,081.28 | NAP | Soft | In-Place | No | No | |
9 | Loan | Monaco Park Apartments | 120 | 116 | 0 | 0 | 10/30/2019 | 12/1/2019 | NAP | 11/1/2029 | 11/1/2029 | NAP | $121,765.94 | NAP | $1,461,191.28 | Soft | Springing | No | No | |
10 | Loan | Portofino Cove | 121 | 120 | 0 | 0 | 1/31/2020 | 3/5/2020 | NAP | 3/5/2030 | 3/5/2030 | NAP | $111,262.90 | NAP | $1,335,154.80 | NAP | NAP | No | No | |
11 | (23) | Loan | U-Haul AREC 41 Portfolio | 0 | 0 | 300 | 300 | 2/24/2020 | 4/5/2020 | NAP | 3/5/2035 | 3/5/2030 | $153,584.77 | NAP | $1,843,017.24 | NAP | Soft | Springing | No | No |
11.01 | Property | U-Haul Moving & Storage of Mesa | ||||||||||||||||||
11.02 | Property | U-Haul Storage of Roscoe | ||||||||||||||||||
11.03 | Property | U-Haul Storage of South Beloit | ||||||||||||||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | ||||||||||||||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | ||||||||||||||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | ||||||||||||||||||
11.07 | Property | U-Haul Storage of Crestview | ||||||||||||||||||
11.08 | Property | U-Haul Storage of Beloit | ||||||||||||||||||
11.09 | Property | U-Haul Storage of Fremont | ||||||||||||||||||
11.10 | Property | U-Haul Storage of Rock River | ||||||||||||||||||
11.11 | Property | U-Haul Storage of North Beloit | ||||||||||||||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | ||||||||||||||||||
11.13 | Property | U-Haul Storage of West Beloit | ||||||||||||||||||
12 | (24) | Loan | Hammond Aire | 40 | 40 | 360 | 360 | 2/19/2020 | 4/5/2020 | 8/5/2023 | 3/5/2030 | 3/5/2030 | $138,601.04 | $88,375.63 | $1,663,212.45 | $1,060,507.56 | Hard | Springing | No | No |
13 | (25) | Loan | APX Morristown | 60 | 54 | 360 | 360 | 9/5/2019 | 10/5/2019 | 10/5/2024 | 9/5/2029 | 9/5/2029 | $129,322.98 | $81,060.42 | $1,551,875.76 | $972,725.04 | Hard | In-Place | No | No |
14 | Loan | Lampwork Apartments | 120 | 119 | 0 | 0 | 1/24/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $70,566.67 | NAP | $846,800.04 | Soft | Springing | No | Group A | |
15 | Loan | B3 Lofts | 120 | 119 | 0 | 0 | 2/5/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $55,093.88 | NAP | $661,126.56 | Soft | Springing | No | Group A | |
16 | (26) | Loan | 1399 Park Avenue | 124 | 119 | 0 | 0 | 9/26/2019 | 11/5/2019 | NAP | 2/5/2032 | 2/5/2030 | NAP | $55,510.42 | NAP | $666,125.04 | Hard | In-Place | No | No |
17 | Loan | Bella Grand | 123 | 120 | 0 | 0 | 12/5/2019 | 1/5/2020 | NAP | 3/5/2030 | 3/5/2030 | NAP | $49,680.49 | NAP | $596,165.88 | NAP | NAP | No | No | |
18 | Loan | Bakery Lofts | 120 | 119 | 0 | 0 | 1/24/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $39,992.00 | NAP | $479,904.00 | Soft | Springing | No | Group A | |
19 | Loan | Howard Commons | 12 | 10 | 348 | 348 | 12/10/2019 | 2/5/2020 | 2/5/2021 | 3/5/2030 | 3/5/2030 | $63,615.79 | $42,659.38 | $763,389.48 | $511,912.56 | Springing | Springing | No | No | |
20 | Loan | West Towne Commons | 0 | 0 | 360 | 359 | 1/30/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | $61,757.04 | NAP | $741,084.48 | NAP | Hard | Springing | No | No | |
21 | Loan | CEV Upstate Apartments | 0 | 0 | 360 | 358 | 12/20/2019 | 2/6/2020 | NAP | 1/6/2030 | 1/6/2030 | $62,367.50 | NAP | $748,410.00 | NAP | Springing | Springing | No | No | |
22 | Loan | MacArthur Village | 6 | 2 | 300 | 300 | 10/16/2019 | 12/5/2019 | 6/5/2020 | 3/5/2030 | 3/5/2030 | $60,473.99 | $36,844.72 | $725,687.88 | $442,136.64 | Hard | Springing | No | No | |
23 | Loan | Tru Fayetteville | 0 | 0 | 300 | 300 | 2/13/2020 | 4/5/2020 | NAP | 3/5/2030 | 3/5/2030 | $56,674.24 | NAP | $680,090.88 | NAP | Springing | Springing | No | No | |
24 | Loan | Langston Landing | 121 | 120 | 0 | 0 | 1/15/2020 | 3/5/2020 | NAP | 3/5/2030 | 3/5/2030 | NAP | $32,834.16 | NAP | $394,009.92 | Soft | Springing | No | No | |
25 | Loan | 3030 Chapman Apartments | 120 | 119 | 0 | 0 | 1/24/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $31,008.95 | NAP | $372,107.40 | Soft | Springing | No | Group A | |
26 | Loan | Adam's Towers | 121 | 120 | 0 | 0 | 1/31/2020 | 3/5/2020 | NAP | 3/5/2030 | 3/5/2030 | NAP | $31,316.49 | NAP | $375,797.88 | NAP | NAP | No | No | |
27 | Loan | DDC4 Portfolio | 124 | 120 | 0 | 0 | 10/18/2019 | 12/5/2019 | NAP | 3/5/2030 | 3/5/2030 | NAP | $32,792.97 | NAP | $393,515.64 | Hard | Springing | No | No | |
27.01 | Property | 2029 P Street NW | ||||||||||||||||||
27.02 | Property | 900 6th Street NW | ||||||||||||||||||
27.03 | Property | 440 Massachusetts Avenue NW | ||||||||||||||||||
27.04 | Property | 1401 R Street NW | ||||||||||||||||||
28 | Loan | B2 Lofts | 120 | 119 | 0 | 0 | 2/5/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $25,169.79 | NAP | $302,037.48 | Soft | Springing | No | Group A | |
29 | Loan | 5th Street Lofts | 120 | 119 | 0 | 0 | 1/24/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $20,695.16 | NAP | $248,341.92 | Soft | Springing | No | Group A | |
30 | Loan | 1080 Lofts | 120 | 119 | 0 | 0 | 2/5/2020 | 3/6/2020 | NAP | 2/6/2030 | 2/6/2030 | NAP | $15,101.88 | NAP | $181,222.56 | Soft | Springing | No | Group A |
A-1-5
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN CHARACTERISTICS | MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | ||||||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | UW NOI DSCR (P&I)(10) | UW NOI DSCR (IO) | UW NCF DSCR (P&I)(10) | UW NCF DSCR (IO) | Cut-Off Date LTV Ratio(7) | Maturity Date LTV Ratio(7) | Grace Period to Late Charge (Days) | Grace Period to Default (Days) | Due Date | Prepayment Provisions (No. of Payments)(11)(12) | Third Most Recent Revenues | Third Most Recent Expenses | Third Most Recent NOI | Third Most Recent NOI Date | Third Most Recent NOI Debt Yield | |
1 | Loan | KPMG Plaza at Hall Arts | NAP | 3.04x | NAP | 2.90x | 46.6% | 46.6% | 0 | 0 | 6 | L(26), Def(87), O(7) | $18,117,490 | $6,416,994 | $11,700,496 | 12/31/2017 | 10.5% | ||
2 | (22) | Loan | Peachtree Office Towers | 1.48x | 2.30x | 1.34x | 2.08x | 60.6% | 52.9% | 0 | 0 | 5 | L(35), Def(85), O(3) | $10,501,251 | $5,009,573 | $5,491,678 | 12/31/2017 | 8.3% | |
3 | Loan | Selig Office Portfolio | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | 0 | 0 | 5 | L(33), Def(83), O(4) | $13,291,924 | $2,771,122 | $10,520,802 | 12/31/2017 | 7.8% | ||
3.01 | Property | 4th & Battery | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | $5,791,748 | $1,695,337 | $4,096,411 | 12/31/2017 | 7.8% | ||||||
3.02 | Property | 333 Elliott | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | $5,444,898 | $480,562 | $4,964,336 | 12/31/2017 | 7.8% | ||||||
3.03 | Property | 3rd & Battery | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | $2,055,278 | $595,223 | $1,460,055 | 12/31/2017 | 7.8% | ||||||
4 | Loan | Arciterra Portfolio | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | 0 | 0 | 5 | L(35), Def(81), O(4) | $7,413,628 | $2,795,549 | $4,618,079 | 12/31/2017 | 7.7% | ||
4.01 | Property | Seven Hills Plaza | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $2,459,269 | $862,307 | $1,596,962 | 12/31/2017 | 7.7% | ||||||
4.02 | Property | Cumberland Place | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $504,167 | $164,965 | $339,202 | 12/31/2017 | 7.7% | ||||||
4.03 | Property | Westgate Plaza | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $694,760 | $295,292 | $399,467 | 12/31/2017 | 7.7% | ||||||
4.04 | Property | Main Street Office | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $558,267 | $174,526 | $383,741 | 12/31/2017 | 7.7% | ||||||
4.05 | Property | Auburn Cord Plaza | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $579,998 | $226,693 | $353,305 | 12/31/2017 | 7.7% | ||||||
4.06 | Property | Plainfield Village | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $329,448 | $287,144 | $42,304 | 12/31/2017 | 7.7% | ||||||
4.07 | Property | Mayodan Shopping Center | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $468,985 | $66,084 | $402,901 | 12/31/2017 | 7.7% | ||||||
4.08 | Property | Burlington Plaza West | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $293,519 | $137,886 | $155,634 | 12/31/2017 | 7.7% | ||||||
4.09 | Property | Shoppes at Heather Glen | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $264,260 | $119,216 | $145,044 | 12/31/2017 | 7.7% | ||||||
4.10 | Property | Pine Tree Plaza | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $306,148 | $148,883 | $157,265 | 12/31/2017 | 7.7% | ||||||
4.11 | Property | Ville Platte Shopping Center | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $245,357 | $90,650 | $154,707 | 12/31/2017 | 7.7% | ||||||
4.12 | Property | Sweden Shopping Center | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $321,469 | $104,023 | $217,446 | 12/31/2017 | 7.7% | ||||||
4.13 | Property | Longview Center | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $261,422 | $91,395 | $170,027 | 12/31/2017 | 7.7% | ||||||
4.14 | Property | Eastman Shopping Center | 2.10x | 3.11x | 1.94x | 2.87x | 61.0% | 50.9% | $126,560 | $26,486 | $100,075 | 12/31/2017 | 7.7% | ||||||
5 | Loan | The Westchester | NAP | 3.75x | NAP | 3.61x | 42.3% | 42.3% | 0 | 0 | 1 | L(25), Def(88), O(7) | $70,501,855 | $21,229,955 | $49,271,900 | 12/31/2017 | 14.4% | ||
6 | Loan | Sol y Luna | NAP | 2.56x | NAP | 2.51x | 47.0% | 47.0% | 0 | 0 | 6 | L(26), Def(90), O(4) | $12,639,122 | $4,787,889 | $7,851,232 | 12/31/2017 | 8.7% | ||
7 | Loan | University Village | NAP | 3.52x | NAP | 3.39x | 38.5% | 38.5% | 0 | 0 | 6 | L(27), Def or YM1(86), O(7) | $36,149,197 | $10,609,777 | $25,539,420 | 12/31/2017 | 10.2% | ||
8 | Loan | Renaissance Plano | 2.01x | NAP | 1.77x | NAP | 63.9% | 52.1% | 5 (2 times during loan term, but no more than 1 time in any 366 day period) | 0 | 5 | L(35), Def(82), O(3) | $9,658,115 | $8,069,025 | $1,589,090 | 12/31/2017 | 1.8% | ||
9 | Loan | Monaco Park Apartments | NAP | 2.22x | NAP | 2.17x | 67.0% | 67.0% | 5 | 5 | 1 | YM0.5(28), Def or YM0.5(85), O(7) | N/A | N/A | N/A | N/A | NAP | ||
10 | Loan | Portofino Cove | NAP | 1.98x | NAP | 1.93x | 63.8% | 63.8% | 0 | 0 | 5 | L(25), Def(93), O(3) | N/A | N/A | N/A | N/A | NAP | ||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | 0 | 0 | 5 | L(24), Def(92), O(4) | N/A | N/A | N/A | N/A | NAP | |
11.01 | Property | U-Haul Moving & Storage of Mesa | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.02 | Property | U-Haul Storage of Roscoe | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.03 | Property | U-Haul Storage of South Beloit | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.07 | Property | U-Haul Storage of Crestview | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.08 | Property | U-Haul Storage of Beloit | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.09 | Property | U-Haul Storage of Fremont | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.10 | Property | U-Haul Storage of Rock River | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.11 | Property | U-Haul Storage of North Beloit | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
11.13 | Property | U-Haul Storage of West Beloit | 1.86x | NAP | 1.82x | NAP | 61.6% | 42.8% | N/A | N/A | N/A | N/A | NAP | ||||||
12 | (24) | Loan | Hammond Aire | 2.11x | 3.30x | 2.04x | 3.20x | 61.7% | 52.1% | 0 | 0 | 5 | L(35), Def(81), O(4) | $3,973,658 | $710,794 | $3,262,863 | 12/31/2017 | 10.9% | |
13 | (25) | Loan | APX Morristown | 1.84x | 2.93x | 1.62x | 2.58x | 67.3% | 58.9% | 0 | 0 | 5 | L(36), Def(79), O(5) | $8,396,321 | $4,534,948 | $3,861,373 | 12/31/2017 | 5.9% | |
14 | Loan | Lampwork Apartments | NAP | 2.33x | NAP | 2.31x | 61.4% | 61.4% | 0 | 0 | 6 | L(25), Def(90), O(5) | $2,707,525 | $1,054,183 | $1,653,342 | 12/31/2017 | 6.9% | ||
15 | Loan | B3 Lofts | NAP | 2.27x | NAP | 2.24x | 60.1% | 60.1% | 0 | 0 | 6 | L(25), Def(90), O(5) | $2,042,318 | $778,482 | $1,263,836 | 12/31/2017 | 6.4% | ||
16 | (26) | Loan | 1399 Park Avenue | NAP | 1.97x | NAP | 1.97x | 67.2% | 67.2% | 0 | 0 | 5 | L(35), Def(85), O(4) | N/A | N/A | N/A | N/A | NAP | |
17 | Loan | Bella Grand | NAP | 2.56x | NAP | 2.56x | 66.5% | 66.5% | 0 | 0 | 5 | L(27), Def(92), O(4) | $2,067,189 | $940,974 | $1,126,215 | 12/31/2017 | 6.5% | ||
18 | Loan | Bakery Lofts | NAP | 2.55x | NAP | 2.52x | 63.7% | 63.7% | 0 | 0 | 6 | L(25), Def(90), O(5) | $1,612,712 | $566,971 | $1,045,740 | 12/31/2017 | 7.3% | ||
19 | Loan | Howard Commons | 2.12x | 3.17x | 1.77x | 2.64x | 57.2% | 45.5% | 0 | 0 | 5 | L(35), Def(84), O(3) | $2,657,431 | $1,228,009 | $1,429,422 | 12/31/2017 T11 Annualized | 10.6% | ||
20 | Loan | West Towne Commons | 2.32x | NAP | 2.09x | NAP | 72.5% | 56.9% | 0 | 0 | 6 | L(35), Def(81), O(4) | $3,055,225 | $722,648 | $2,332,578 | 12/31/2017 | 17.3% | ||
21 | Loan | CEV Upstate Apartments | 2.16x | NAP | 2.08x | NAP | 69.0% | 54.5% | 0 | 0 | 6 | L(35), Def(80), O(5) | $2,976,288 | $1,454,530 | $1,521,758 | 12/31/2017 | 11.3% | ||
22 | Loan | MacArthur Village | 1.88x | 3.09x | 1.78x | 2.93x | 69.3% | 49.7% | 0 | 0 | 5 | L(28), Def(91), O(5) | $1,408,845 | $376,511 | $1,032,334 | 12/31/2017 | 8.7% | ||
23 | Loan | Tru Fayetteville | 2.36x | NAP | 2.17x | NAP | 59.5% | 42.4% | 0 | 0 | 5 | L(24), Def(92), O(4) | N/A | N/A | N/A | N/A | NAP | ||
24 | Loan | Langston Landing | NAP | 2.51x | NAP | 2.26x | 61.6% | 61.6% | 0 | 0 | 5 | L(25), Def(91), O(5) | $1,426,450 | $444,091 | $982,359 | 12/31/2017 | 9.1% | ||
25 | Loan | 3030 Chapman Apartments | NAP | 2.41x | NAP | 2.38x | 58.8% | 58.8% | 0 | 0 | 6 | L(25), Def(90), O(5) | N/A | N/A | N/A | N/A | NAP | ||
26 | Loan | Adam's Towers | NAP | 2.12x | NAP | 2.06x | 64.4% | 64.4% | 0 | 0 | 5 | L(35), Def(82), O(4) | $1,225,096 | $530,203 | $694,893 | 12/31/2017 | 6.6% | ||
27 | Loan | DDC4 Portfolio | NAP | 2.15x | NAP | 2.14x | 64.8% | 64.8% | 0 | 0 | 5 | L(35), Def(84), O(5) | $1,021,906 | $307,620 | $714,286 | 12/31/2017 | 6.9% | ||
27.01 | Property | 2029 P Street NW | NAP | 2.15x | NAP | 2.14x | 64.8% | 64.8% | $488,158 | $167,221 | $320,937 | 12/31/2017 | 6.9% | ||||||
27.02 | Property | 900 6th Street NW | NAP | 2.15x | NAP | 2.14x | 64.8% | 64.8% | $201,721 | $49,079 | $152,642 | 12/31/2017 | 6.9% | ||||||
27.03 | Property | 440 Massachusetts Avenue NW | NAP | 2.15x | NAP | 2.14x | 64.8% | 64.8% | $210,678 | $55,598 | $155,080 | 12/31/2017 | 6.9% | ||||||
27.04 | Property | 1401 R Street NW | NAP | 2.15x | NAP | 2.14x | 64.8% | 64.8% | $121,349 | $35,722 | $85,627 | 12/31/2017 | 6.9% | ||||||
28 | Loan | B2 Lofts | NAP | 2.58x | NAP | 2.55x | 60.8% | 60.8% | 0 | 0 | 6 | L(25), Def(90), O(5) | $989,553 | $324,898 | $664,655 | 12/31/2017 | 7.4% | ||
29 | Loan | 5th Street Lofts | NAP | 2.83x | NAP | 2.81x | 61.2% | 61.2% | 0 | 0 | 6 | L(25), Def(90), O(5) | $854,849 | $293,411 | $561,438 | 12/31/2017 | 7.6% | ||
30 | Loan | 1080 Lofts | NAP | 2.92x | NAP | 2.88x | 58.7% | 58.7% | 0 | 0 | 6 | L(25), Def(90), O(5) | $694,932 | $263,840 | $431,092 | 12/31/2017 | 8.0% |
A-1-6
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | ||||||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | Second Most Recent Revenues | Second Most Recent Expenses | Second Most Recent NOI | Second Most Recent NOI Date | Second Most Recent NOI Debt Yield | Most Recent Revenues | Most Recent Expenses | Most Recent NOI | Most Recent NOI Date | Most Recent NOI Debt Yield | UW Occupancy | UW Revenues | UW Expenses | UW NOI | UW NOI Debt Yield |
1 | Loan | KPMG Plaza at Hall Arts | $18,462,974 | $7,210,577 | $11,252,397 | 12/31/2018 | 10.1% | $18,790,303 | $7,563,120 | $11,227,183 | T12 10/31/2019 | 10.1% | 95.0% | $19,465,123 | $7,713,107 | $11,752,016 | 10.5% | |
2 | (22) | Loan | Peachtree Office Towers | $10,355,486 | $5,230,067 | $5,125,419 | 12/31/2018 | 7.8% | $11,746,371 | $6,630,716 | $5,115,655 | 12/31/2019 | 7.8% | 84.0% | $12,385,425 | $6,516,389 | $5,869,035 | 8.9% |
3 | Loan | Selig Office Portfolio | $12,114,998 | $3,138,457 | $8,976,541 | 12/31/2018 | 6.6% | $10,399,437 | $3,141,851 | $7,257,586 | T12 6/30/2019 | 5.4% | 95.0% | $15,579,453 | $3,436,644 | $12,142,808 | 9.0% | |
3.01 | Property | 4th & Battery | $5,781,742 | $1,862,852 | $3,918,890 | 12/31/2018 | 6.6% | $5,668,665 | $1,805,595 | $3,863,070 | T12 6/30/2019 | 5.4% | 95.1% | $6,764,749 | $1,847,974 | $4,916,774 | 9.0% | |
3.02 | Property | 333 Elliott | $3,735,635 | $783,575 | $2,952,060 | 12/31/2018 | 6.6% | $2,341,098 | $934,294 | $1,406,804 | T12 6/30/2019 | 5.4% | 95.0% | $6,150,639 | $936,711 | $5,213,929 | 9.0% | |
3.03 | Property | 3rd & Battery | $2,597,621 | $492,030 | $2,105,591 | 12/31/2018 | 6.6% | $2,389,674 | $401,962 | $1,987,712 | T12 6/30/2019 | 5.4% | 95.0% | $2,664,065 | $651,960 | $2,012,105 | 9.0% | |
4 | Loan | Arciterra Portfolio | $8,123,420 | $2,928,691 | $5,194,729 | 12/31/2018 | 8.7% | $8,396,516 | $2,728,090 | $5,668,426 | T12 11/30/2019 | 9.4% | 90.4% | $9,932,956 | $2,991,377 | $6,941,579 | 11.6% | |
4.01 | Property | Seven Hills Plaza | $2,603,002 | $876,567 | $1,726,435 | 12/31/2018 | 8.7% | $2,807,777 | $896,936 | $1,910,841 | T12 11/30/2019 | 9.4% | 92.6% | $2,943,314 | $922,193 | $2,021,121 | 11.6% | |
4.02 | Property | Cumberland Place | $502,794 | $199,069 | $303,725 | 12/31/2018 | 8.7% | $513,903 | $174,829 | $339,074 | T12 11/30/2019 | 9.4% | 89.7% | $754,939 | $189,985 | $564,954 | 11.6% | |
4.03 | Property | Westgate Plaza | $779,143 | $273,844 | $505,299 | 12/31/2018 | 8.7% | $775,263 | $236,372 | $538,891 | T12 11/30/2019 | 9.4% | 96.1% | $710,946 | $247,722 | $463,224 | 11.6% | |
4.04 | Property | Main Street Office | $574,647 | $197,532 | $377,115 | 12/31/2018 | 8.7% | $621,994 | $173,606 | $448,388 | T12 11/30/2019 | 9.4% | 94.2% | $659,734 | $218,479 | $441,255 | 11.6% | |
4.05 | Property | Auburn Cord Plaza | $640,602 | $281,279 | $359,323 | 12/31/2018 | 8.7% | $628,074 | $257,973 | $370,101 | T12 11/30/2019 | 9.4% | 90.8% | $886,467 | $278,251 | $608,217 | 11.6% | |
4.06 | Property | Plainfield Village | $401,279 | $317,009 | $84,270 | 12/31/2018 | 8.7% | $348,854 | $107,957 | $240,897 | T12 11/30/2019 | 9.4% | 75.4% | $798,521 | $253,181 | $545,340 | 11.6% | |
4.07 | Property | Mayodan Shopping Center | $517,949 | $96,647 | $421,302 | 12/31/2018 | 8.7% | $504,818 | $125,065 | $379,753 | T12 11/30/2019 | 9.4% | 92.8% | $578,237 | $146,654 | $431,583 | 11.6% | |
4.08 | Property | Burlington Plaza West | $418,474 | $114,450 | $304,024 | 12/31/2018 | 8.7% | $495,671 | $144,151 | $351,520 | T12 11/30/2019 | 9.4% | 98.4% | $627,525 | $168,738 | $458,786 | 11.6% | |
4.09 | Property | Shoppes at Heather Glen | $305,214 | $138,266 | $166,948 | 12/31/2018 | 8.7% | $282,048 | $108,957 | $173,091 | T12 11/30/2019 | 9.4% | 80.5% | $400,632 | $116,946 | $283,686 | 11.6% | |
4.10 | Property | Pine Tree Plaza | $375,024 | $151,562 | $223,462 | 12/31/2018 | 8.7% | $385,559 | $200,137 | $185,422 | T12 11/30/2019 | 9.4% | 100.0% | $450,952 | $122,350 | $328,602 | 11.6% | |
4.11 | Property | Ville Platte Shopping Center | $286,692 | $82,698 | $203,994 | 12/31/2018 | 8.7% | $306,455 | $81,044 | $225,411 | T12 11/30/2019 | 9.4% | 100.0% | $364,913 | $89,582 | $275,331 | 11.6% | |
4.12 | Property | Sweden Shopping Center | $306,793 | $121,814 | $184,979 | 12/31/2018 | 8.7% | $322,557 | $110,424 | $212,133 | T12 11/30/2019 | 9.4% | 85.2% | $309,653 | $110,933 | $198,721 | 11.6% | |
4.13 | Property | Longview Center | $297,893 | $60,179 | $237,714 | 12/31/2018 | 8.7% | $293,144 | $89,599 | $203,545 | T12 11/30/2019 | 9.4% | 82.7% | $295,985 | $93,084 | $202,901 | 11.6% | |
4.14 | Property | Eastman Shopping Center | $113,914 | $17,773 | $96,141 | 12/31/2018 | 8.7% | $110,399 | $21,041 | $89,358 | T12 11/30/2019 | 9.4% | 77.5% | $151,139 | $33,279 | $117,860 | 11.6% | |
5 | Loan | The Westchester | $63,904,028 | $22,030,551 | $41,873,477 | 12/31/2018 | 12.2% | $63,350,693 | $22,530,678 | $40,820,015 | T12 10/31/2019 | 11.9% | 95.1% | $64,364,071 | $22,017,611 | $42,346,460 | 12.3% | |
6 | Loan | Sol y Luna | $13,317,922 | $4,644,649 | $8,673,273 | 12/31/2018 | 9.6% | $13,549,305 | $4,827,597 | $8,721,708 | T12 7/31/2019 | 9.7% | 90.0% | $13,565,195 | $4,590,997 | $8,974,199 | 10.0% | |
7 | Loan | University Village | $38,418,309 | $11,099,447 | $27,318,862 | 12/31/2018 | 10.9% | $39,079,403 | $11,326,249 | $27,753,154 | T12 9/30/2019 | 11.1% | 95.0% | $41,651,294 | $12,188,610 | $29,462,684 | 11.8% | |
8 | Loan | Renaissance Plano | $30,738,549 | $21,032,033 | $9,706,516 | 12/31/2018 | 10.9% | $32,385,615 | $21,571,456 | $10,814,158 | T12 7/31/2019 | 12.1% | 73.0% | $32,385,615 | $21,459,721 | $10,925,894 | 12.3% | |
9 | Loan | Monaco Park Apartments | $3,876,831 | $1,211,565 | $2,665,266 | 12/31/2018 | 6.3% | $4,328,678 | $1,178,917 | $3,149,761 | 12/31/2019 | 7.4% | 92.9% | $4,458,188 | $1,211,140 | $3,247,049 | 7.6% | |
10 | Loan | Portofino Cove | N/A | N/A | N/A | N/A | NAP | $2,150,206 | $1,063,894 | $1,086,312 | T12 11/30/2019 | 3.1% | 90.4% | $4,190,377 | $1,549,596 | $2,640,781 | 7.7% | |
11 | (23) | Loan | U-Haul AREC 41 Portfolio | N/A | N/A | N/A | N/A | NAP | $4,067,927 | $905,920 | $3,162,007 | T12 11/30/2019 | 9.9% | 91.6% | $5,003,216 | $1,567,832 | $3,435,384 | 10.7% |
11.01 | Property | U-Haul Moving & Storage of Mesa | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.02 | Property | U-Haul Storage of Roscoe | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.03 | Property | U-Haul Storage of South Beloit | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.04 | Property | U-Haul Moving & Storage of Huber Heights | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.05 | Property | U-Haul Moving & Storage of Miamisburg | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.06 | Property | U-Haul Moving & Storage of Brentwood | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.07 | Property | U-Haul Storage of Crestview | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.08 | Property | U-Haul Storage of Beloit | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.09 | Property | U-Haul Storage of Fremont | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.10 | Property | U-Haul Storage of Rock River | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.11 | Property | U-Haul Storage of North Beloit | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.12 | Property | U-Haul Storage of Southwest Beloit | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
11.13 | Property | U-Haul Storage of West Beloit | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | 9.9% | N/A | N/A | N/A | N/A | 10.7% | |
12 | (24) | Loan | Hammond Aire | $4,366,337 | $747,601 | $3,618,736 | 12/31/2018 | 12.1% | $4,218,129 | $739,547 | $3,478,582 | T12 10/31/2019 | 11.7% | 95.0% | $4,497,828 | $995,247 | $3,502,581 | 11.8% |
13 | (25) | Loan | APX Morristown | $8,732,256 | $4,952,347 | $3,779,910 | 12/31/2018 | 5.7% | $8,552,450 | $5,316,262 | $3,236,189 | T12 6/30/2019 | 4.9% | 92.1% | $12,280,153 | $5,050,147 | $7,230,006 | 11.0% |
14 | Loan | Lampwork Apartments | $2,825,300 | $1,103,210 | $1,722,091 | 12/31/2018 | 7.2% | $2,946,678 | $1,119,311 | $1,827,367 | 12/31/2019 | 7.6% | 94.8% | $3,050,528 | $1,073,788 | $1,976,740 | 8.2% | |
15 | Loan | B3 Lofts | $2,141,614 | $817,071 | $1,324,543 | 12/31/2018 | 6.7% | $2,295,041 | $885,989 | $1,409,052 | 12/31/2019 | 7.2% | 92.8% | $2,359,011 | $856,397 | $1,502,614 | 7.6% | |
16 | (26) | Loan | 1399 Park Avenue | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.5% | $1,435,193 | $120,608 | $1,314,585 | 7.3% |
17 | Loan | Bella Grand | $2,263,390 | $924,039 | $1,339,351 | 12/31/2018 | 7.8% | $2,422,709 | $911,785 | $1,510,924 | T12 10/31/2019 | 8.8% | 88.7% | $2,449,509 | $921,341 | $1,528,169 | 8.9% | |
18 | Loan | Bakery Lofts | $1,711,022 | $519,947 | $1,191,075 | 12/31/2018 | 8.3% | $1,791,898 | $532,171 | $1,259,727 | 12/31/2019 | 8.8% | 91.3% | $1,726,064 | $504,270 | $1,221,794 | 8.5% | |
19 | Loan | Howard Commons | $2,066,002 | $1,162,912 | $903,091 | 12/31/2018 | 6.7% | $2,834,829 | $1,387,296 | $1,447,532 | T12 9/30/2019 | 10.7% | 94.8% | $3,185,717 | $1,564,166 | $1,621,551 | 12.0% | |
20 | Loan | West Towne Commons | $2,323,550 | $666,423 | $1,657,128 | 12/31/2018 | 12.3% | $2,456,684 | $733,238 | $1,723,446 | T12 11/30/2019 | 12.8% | 89.8% | $2,459,899 | $740,557 | $1,719,342 | 12.8% | |
21 | Loan | CEV Upstate Apartments | $2,991,127 | $1,511,932 | $1,479,195 | 12/31/2018 | 11.0% | $3,128,350 | $1,572,490 | $1,555,860 | T12 10/31/2019 | 11.6% | 95.0% | $3,153,146 | $1,539,822 | $1,613,324 | 12.0% | |
22 | Loan | MacArthur Village | $1,675,522 | $414,238 | $1,261,284 | 12/31/2018 | 10.6% | $1,724,338 | $404,602 | $1,319,736 | T12 8/31/2019 | 11.1% | 93.5% | $1,769,077 | $401,186 | $1,367,891 | 11.5% | |
23 | Loan | Tru Fayetteville | $3,180,574 | $1,649,083 | $1,531,491 | 12/31/2019 | 13.9% | $3,248,021 | $1,660,943 | $1,587,077 | T12 1/31/2020 | 14.4% | 81.1% | $3,248,021 | $1,640,482 | $1,607,539 | 14.6% | |
24 | Loan | Langston Landing | $1,298,738 | $542,068 | $756,669 | 12/31/2018 | 7.0% | $1,462,698 | $457,792 | $1,004,906 | Annualized T7 7/31/2019 | 9.3% | 95.0% | $1,485,262 | $496,357 | $988,906 | 9.2% | |
25 | Loan | 3030 Chapman Apartments | $709,818 | $339,562 | $370,255 | 12/31/2018 | 3.5% | $1,407,202 | $561,716 | $845,486 | 12/31/2019 | 7.9% | 95.0% | $1,436,778 | $540,107 | $896,670 | 8.4% | |
26 | Loan | Adam's Towers | $1,217,800 | $616,085 | $601,715 | 12/31/2018 | 5.7% | $1,314,848 | $552,867 | $761,981 | T12 11/30/2019 | 7.3% | 88.9% | $1,314,848 | $516,770 | $798,079 | 7.6% | |
27 | Loan | DDC4 Portfolio | $1,021,371 | $370,715 | $650,656 | 12/31/2018 | 6.3% | $1,026,867 | $360,062 | $666,805 | T12 9/30/2019 | 6.4% | 95.0% | $1,168,277 | $322,127 | $846,150 | 8.2% | |
27.01 | Property | 2029 P Street NW | $457,052 | $213,787 | $243,265 | 12/31/2018 | 6.3% | $429,824 | $205,870 | $223,954 | T12 9/30/2019 | 6.4% | 95.0% | $599,449 | $179,357 | $420,091 | 8.2% | |
27.02 | Property | 900 6th Street NW | $246,981 | $60,073 | $186,908 | 12/31/2018 | 6.3% | $255,471 | $52,808 | $202,663 | T12 9/30/2019 | 6.4% | 95.0% | $238,855 | $50,040 | $188,815 | 8.2% | |
27.03 | Property | 440 Massachusetts Avenue NW | $190,201 | $58,219 | $131,982 | 12/31/2018 | 6.3% | $209,369 | $61,328 | $148,041 | T12 9/30/2019 | 6.4% | 95.0% | $204,011 | $59,426 | $144,585 | 8.2% | |
27.04 | Property | 1401 R Street NW | $126,992 | $38,637 | $88,355 | 12/31/2018 | 6.3% | $132,203 | $40,056 | $92,147 | T12 9/30/2019 | 6.4% | 95.0% | $125,963 | $33,304 | $92,659 | 8.2% | |
28 | Loan | B2 Lofts | $1,014,378 | $328,527 | $685,851 | 12/31/2018 | 7.6% | $1,048,708 | $329,801 | $718,907 | 12/31/2019 | 8.0% | 94.4% | $1,096,499 | $317,170 | $779,329 | 8.7% | |
29 | Loan | 5th Street Lofts | $892,823 | $248,346 | $644,477 | 12/31/2018 | 8.7% | $934,316 | $249,266 | $685,050 | 12/31/2019 | 9.3% | 95.0% | $936,306 | $233,103 | $703,203 | 9.5% | |
30 | Loan | 1080 Lofts | $709,950 | $282,538 | $427,412 | 12/31/2018 | 7.9% | $716,979 | $263,318 | $453,661 | 12/31/2019 | 8.4% | 95.0% | $781,215 | $251,708 | $529,507 | 9.8% |
A-1-7
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13) | LARGEST TENANT INFORMATION(14)(15)(16) | 2ND LARGEST TENANT INFORMATION(14)(15)(16) | ||||||||||||
Loan No. | Footnotes | Flag | Deal Name | UW Capital Items | UW NCF | UW NCF Debt Yield | Largest Tenant | Largest Tenant Lease Expiration | Largest Tenant NRA | Largest Tenant % of NRA | 2nd Largest Tenant | 2nd Largest Tenant Lease Expiration | ||
1 | Loan | KPMG Plaza at Hall Arts | $553,567 | $11,198,449 | 10.0% | KPMG LLP | 7/26/2030 | 207,292 | 44.9% | Jackson Walker L.L.P. | 104,064 SF(12/31/2030); 4,085 SF(6/30/2022) | |||
2 | (22) | Loan | Peachtree Office Towers | $560,585 | $5,308,451 | 8.0% | State Board - Workers Comp | 9/30/2025 | 71,020 | 11.5% | Richard Bowers & Co | 3,894 SF (MTM); 2,048 SF (4/30/2020); 18,291 SF (7/31/2022); 2,048 SF (4/30/2024); 1,724 SF (10/31/2025); 11,981 SF (4/30/2026) | ||
3 | Loan | Selig Office Portfolio | $605,410 | $11,537,398 | 8.5% | Various | Various | Various | Various | Various | Various | |||
3.01 | Property | 4th & Battery | $303,860 | $4,612,914 | 8.5% | Aptevo Therapeutics, Inc. | 4/30/2030 | 47,399 | 23.4% | New Engen, Inc. | 9/30/2021 | |||
3.02 | Property | 333 Elliott | $200,744 | $5,013,185 | 8.5% | Outreach Corporation | 12/31/2028 | 84,077 | 63.0% | Leafly | 8/31/2024 | |||
3.03 | Property | 3rd & Battery | $100,806 | $1,911,299 | 8.5% | Antioch University | 11/30/2031 | 38,228 | 57.0% | Sound Community Bank | 6/30/2029 | |||
4 | Loan | Arciterra Portfolio | $542,258 | $6,399,321 | 10.7% | Various | Various | Various | Various | Various | Various | |||
4.01 | Property | Seven Hills Plaza | $114,618 | $1,906,502 | 10.7% | Movie Tavern | 12/31/2029 | 35,974 | 26.5% | Hopebridge | 5/30/2030 | |||
4.02 | Property | Cumberland Place | $28,031 | $536,923 | 10.7% | Bharath Farmer's Market | 11/30/2025 | 7,500 | 22.6% | Carrabba's | 7/31/2021 | |||
4.03 | Property | Westgate Plaza | $56,120 | $407,104 | 10.7% | Kroger | 8/31/2021 | 49,213 | 74.0% | Dollar Tree | 6/30/2022 | |||
4.04 | Property | Main Street Office | $23,471 | $417,784 | 10.7% | Regus | 11/30/2026 | 10,659 | 38.3% | Berkshire Hathaway HomeServices | 10/31/2020 | |||
4.05 | Property | Auburn Cord Plaza | $99,346 | $508,870 | 10.7% | Family Farm & Home | 2/28/2023 | 56,000 | 47.6% | Indiana Ninja Academy | 3/31/2025 | |||
4.06 | Property | Plainfield Village | $35,167 | $510,174 | 10.7% | Hopebridge | 5/31/2030 | 9,094 | 21.8% | Simply Chic | 5/31/2022 | |||
4.07 | Property | Mayodan Shopping Center | $46,993 | $384,590 | 10.7% | StaffMasters | 6/30/2020 | 19,734 | 35.5% | Dollar Tree | 4/30/2022 | |||
4.08 | Property | Burlington Plaza West | $30,099 | $428,687 | 10.7% | Family Buffet | 10/31/2024 | 8,000 | 22.4% | Queso's Mexican Bar & Grill | 9/30/2024 | |||
4.09 | Property | Shoppes at Heather Glen | $13,509 | $270,177 | 10.7% | Orange Theory Fitness | 9/30/2030 | 3,520 | 22.0% | LA Tan | 12/31/2022 | |||
4.10 | Property | Pine Tree Plaza | $22,838 | $305,764 | 10.7% | Dollar Tree | 1/31/2025 | 11,100 | 41.0% | Fujiyama Japanese Steakhouse | 6/30/2029 | |||
4.11 | Property | Ville Platte Shopping Center | $21,445 | $253,886 | 10.7% | Dollar Tree | 8/31/2021 | 8,000 | 31.5% | Royal Beauty Supply | 12/31/2025 | |||
4.12 | Property | Sweden Shopping Center | $15,957 | $182,763 | 10.7% | Maurices | 10/31/2021 | 5,000 | 26.5% | Shoe Show | 11/30/2023 | |||
4.13 | Property | Longview Center | $21,825 | $181,076 | 10.7% | Dollar Tree | 4/30/2022 | 9,550 | 36.9% | Cato | 1/31/2022 | |||
4.14 | Property | Eastman Shopping Center | $12,839 | $105,021 | 10.7% | The Cato Corporation | 1/31/2021 | 4,160 | 27.4% | Eastman Laundromat | 5/31/2025 | |||
5 | Loan | The Westchester | $1,504,196 | $40,842,264 | 11.9% | Nordstrom | 3/17/2035 | 206,197 | 25.3% | Neiman Marcus | 1/21/2027 | |||
6 | Loan | Sol y Luna | $165,280 | $8,808,919 | 9.8% | NAP | NAP | NAP | NAP | NAP | NAP | |||
7 | Loan | University Village | $1,085,138 | $28,377,547 | 11.4% | Restoration Hardware Gallery | 1/31/2032 | 43,846 | 7.3% | Crate & Barrel | 1/31/2026 | |||
8 | Loan | Renaissance Plano | $1,295,425 | $9,630,469 | 10.8% | NAP | NAP | NAP | NAP | NAP | NAP | |||
9 | Loan | Monaco Park Apartments | $71,000 | $3,176,049 | 7.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
10 | Loan | Portofino Cove | $67,500 | $2,573,281 | 7.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | $88,563 | $3,346,820 | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | ||
11.01 | Property | U-Haul Moving & Storage of Mesa | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.02 | Property | U-Haul Storage of Roscoe | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.03 | Property | U-Haul Storage of South Beloit | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.06 | Property | U-Haul Moving & Storage of Brentwood | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.07 | Property | U-Haul Storage of Crestview | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.08 | Property | U-Haul Storage of Beloit | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.09 | Property | U-Haul Storage of Fremont | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.10 | Property | U-Haul Storage of Rock River | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.11 | Property | U-Haul Storage of North Beloit | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.12 | Property | U-Haul Storage of Southwest Beloit | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.13 | Property | U-Haul Storage of West Beloit | N/A | N/A | 10.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
12 | (24) | Loan | Hammond Aire | $107,701 | $3,394,881 | 11.4% | Burlington | 8/31/2024 | 80,450 | 23.0% | Stein Mart | 1/31/2026 | ||
13 | (25) | Loan | APX Morristown | $851,799 | $6,378,208 | 9.7% | Louis Berger Group Inc. | 12/31/2026 | 110,047 | 22.6% | New York Marine & General Ins | 1/31/2022 | ||
14 | Loan | Lampwork Apartments | $23,000 | $1,953,740 | 8.1% | NAP | NAP | NAP | NAP | NAP | NAP | |||
15 | Loan | B3 Lofts | $20,500 | $1,482,114 | 7.5% | NAP | NAP | NAP | NAP | NAP | NAP | |||
16 | (26) | Loan | 1399 Park Avenue | $4,420 | $1,310,165 | 7.3% | Icahn School of Medicine at Mount Sinai | 5/31/2034 | 22,100 | 100.0% | NAP | NAP | ||
17 | Loan | Bella Grand | $0 | $1,528,169 | 8.9% | NAP | NAP | NAP | NAP | NAP | NAP | |||
18 | Loan | Bakery Lofts | $14,250 | $1,207,544 | 8.4% | NAP | NAP | NAP | NAP | NAP | NAP | |||
19 | Loan | Howard Commons | $268,942 | $1,352,608 | 10.0% | Geo T. Schmidt | 3/31/2022 | 45,000 | 12.7% | Superior Knife, LLC | 7/31/2026 | |||
20 | Loan | West Towne Commons | $167,900 | $1,551,443 | 11.5% | Stein Mart | 3/31/2027 | 34,030 | 18.8% | OfficeMax | 4/30/2026 | |||
21 | Loan | CEV Upstate Apartments | $54,600 | $1,558,724 | 11.6% | NAP | NAP | NAP | NAP | NAP | NAP | |||
22 | Loan | MacArthur Village | $73,234 | $1,294,657 | 10.9% | Kroger | 3/25/2025 | 66,612 | 36.5% | Tuesday Morning | 1/31/2028 | |||
23 | Loan | Tru Fayetteville | $129,921 | $1,477,618 | 13.4% | NAP | NAP | NAP | NAP | NAP | NAP | |||
24 | Loan | Langston Landing | $97,758 | $891,148 | 8.3% | Safeway | 8/20/2022 | 49,063 | 58.8% | Dollar Tree | 7/31/2027 | |||
25 | Loan | 3030 Chapman Apartments | $10,250 | $886,420 | 8.3% | NAP | NAP | NAP | NAP | NAP | NAP | |||
26 | Loan | Adam's Towers | $22,869 | $775,210 | 7.4% | NAP | NAP | NAP | NAP | NAP | NAP | |||
27 | Loan | DDC4 Portfolio | $3,536 | $842,614 | 8.1% | Various | Various | Various | Various | Various | Various | |||
27.01 | Property | 2029 P Street NW | $1,771 | $418,320 | 8.1% | Sorellina | 4/30/2029 | 2,119 | 23.9% | JFL & Associates Counseling | 11/30/2024 | |||
27.02 | Property | 900 6th Street NW | $649 | $188,166 | 8.1% | La Colombe | 11/30/2025 | 1,633 | 50.3% | Cove | 10/31/2021 | |||
27.03 | Property | 440 Massachusetts Avenue NW | $860 | $143,725 | 8.1% | E.H.T. Traceries, Inc. | 9/30/2026 | 4,300 | 100.0% | NAP | NAP | |||
27.04 | Property | 1401 R Street NW | $256 | $92,403 | 8.1% | Red Light | 4/30/2023 | 1,278 | 100.0% | NAP | NAP | |||
28 | Loan | B2 Lofts | $9,000 | $770,329 | 8.6% | NAP | NAP | NAP | NAP | NAP | NAP | |||
29 | Loan | 5th Street Lofts | $6,500 | $696,703 | 9.4% | NAP | NAP | NAP | NAP | NAP | NAP | |||
30 | Loan | 1080 Lofts | $6,750 | $522,757 | 9.7% | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-8
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
2ND LARGEST TENANT INFORMATION(14)(15)(16) | 3RD LARGEST TENANT INFORMATION(14)(15)(16) | 4TH LARGEST TENANT INFORMATION(14)(15)(16) | 5TH LARGEST TENANT INFORMATION(14)(15)(16) | ||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | 2nd Largest Tenant NRA | 2nd Largest Tenant % of NRA | 3rd Largest Tenant | 3rd Largest Tenant Lease Expiration | 3rd Largest Tenant NRA | 3rd Largest Tenant % of NRA | 4th Largest Tenant | 4th Largest Tenant Lease Expiration | 4th Largest Tenant NRA | 4th Largest Tenant % of NRA | 5th Largest Tenant | |||
1 | Loan | KPMG Plaza at Hall Arts | 108,149 | 23.4% | Bell Nunnally & Martin LLP | 7/31/2034 | 41,693 | 9.0% | Serendipity Labs, Inc. | 9/30/2028 | 28,396 | 6.2% | Hall Financial Group, Ltd. | ||||
2 | (22) | Loan | Peachtree Office Towers | 37,938 | 6.1% | Georgia Chamber of Commerce | 7/31/2024 | 27,848 | 4.5% | Emory Healthcare Commercial | 3/31/2023 | 27,848 | 4.5% | Regus | |||
3 | Loan | Selig Office Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | ||||
3.01 | Property | 4th & Battery | 35,884 | 17.8% | Highspot, LLC | 8/14/2022 | 24,262 | 12.0% | Smart Technologies, Inc | 4/30/2029 | 18,149 | 9.0% | LifeSpan Biosciences | ||||
3.02 | Property | 333 Elliott | 49,395 | 37.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
3.03 | Property | 3rd & Battery | 17,322 | 25.8% | Zymeworks Biopharmaceuticals | 2/28/2022 | 10,922 | 16.3% | NAP | NAP | NAP | NAP | NAP | ||||
4 | Loan | Arciterra Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | ||||
4.01 | Property | Seven Hills Plaza | 9,200 | 6.8% | Havana Auto Parts | 4/30/2022 | 7,552 | 5.6% | Play it Again Sports | 5/1/2023 | 7,110 | 5.2% | Animal Care Center of Aurora | ||||
4.02 | Property | Cumberland Place | 6,400 | 19.3% | Wing Factory | 2/29/2024 | 4,800 | 14.5% | Salon Lotus | 9/30/2022 | 2,400 | 7.2% | My Fair Sweets | ||||
4.03 | Property | Westgate Plaza | 5,756 | 8.7% | Ace Cash Express | 12/31/2020 | 2,000 | 3.0% | China Buffet | 4/30/2021 | 2,000 | 3.0% | Papa John's USA | ||||
4.04 | Property | Main Street Office | 5,504 | 19.8% | Regions Bank | 2/28/2024 | 4,177 | 15.0% | Advanced Financial Development | 8/31/2022 | 1,991 | 7.2% | Summit Brokerage Services, Inc | ||||
4.05 | Property | Auburn Cord Plaza | 11,494 | 9.8% | YMCA of Dekalb County | 5/31/2020 | 6,138 | 5.2% | Jalapeno's Mexican Grill | 3/31/2024 | 5,300 | 4.5% | Elite Martial Arts | ||||
4.06 | Property | Plainfield Village | 4,638 | 11.1% | Spherion Staffing | 1/31/2025 | 3,148 | 7.6% | AKIRA Japanese Steakhouse | 12/31/2027 | 3,092 | 7.4% | Brain Balance Achievement Centers | ||||
4.07 | Property | Mayodan Shopping Center | 9,768 | 17.5% | San Marcos Mexican Restaurant | 6/30/2023 | 4,000 | 7.2% | Cato Corp #0082 | 1/31/2022 | 3,900 | 7.0% | Shoe Show | ||||
4.08 | Property | Burlington Plaza West | 6,000 | 16.8% | Rent-A-Center | 11/30/2021 | 5,350 | 15.0% | Simply Chic | 1/31/2025 | 4,000 | 11.2% | Sleep Solutions | ||||
4.09 | Property | Shoppes at Heather Glen | 1,680 | 10.5% | Elite Dental Partners | 10/31/2020 | 1,680 | 10.5% | Jen Nails | 4/30/2028 | 1,440 | 9.0% | Signature Cleaners | ||||
4.10 | Property | Pine Tree Plaza | 5,000 | 18.5% | Anytime Fitness | 4/30/2024 | 4,510 | 16.7% | Simply Chic | 2/28/2025 | 3,030 | 11.2% | US Army Corps of Engineers | ||||
4.11 | Property | Ville Platte Shopping Center | 5,000 | 19.7% | Anytime Fitness | 9/30/2023 | 4,000 | 15.7% | Cricket Wireless | 6/30/2023 | 2,000 | 7.9% | Pizza Hut | ||||
4.12 | Property | Sweden Shopping Center | 4,700 | 24.9% | Smokers Choice | 6/30/2023 | 2,400 | 12.7% | Gamestop | 1/31/2022 | 1,600 | 8.5% | 424 Hair Salon | ||||
4.13 | Property | Longview Center | 3,900 | 15.1% | It's Fashion | 1/31/2022 | 3,200 | 12.4% | Check N' Go | 4/30/2020 | 1,600 | 6.2% | Domino's Pizza | ||||
4.14 | Property | Eastman Shopping Center | 3,440 | 22.6% | H&R Block | 4/30/2021 | 1,207 | 7.9% | Little Caesar's | 1/31/2022 | 1,200 | 7.9% | Soho Nail Salon | ||||
5 | Loan | The Westchester | 143,196 | 17.6% | Crate & Barrel | 1/31/2021 | 33,500 | 4.1% | Urban Outfitters | 1/31/2023 | 10,424 | 1.3% | Hollister Co. | ||||
6 | Loan | Sol y Luna | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
7 | Loan | University Village | 31,300 | 5.2% | Room & Board | 9/30/2022 | 28,401 | 4.8% | Bartell Drugs | 1/31/2024 | 20,633 | 3.5% | Virginia Mason | ||||
8 | Loan | Renaissance Plano | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
9 | Loan | Monaco Park Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
10 | Loan | Portofino Cove | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
11.01 | Property | U-Haul Moving & Storage of Mesa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.02 | Property | U-Haul Storage of Roscoe | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.03 | Property | U-Haul Storage of South Beloit | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.07 | Property | U-Haul Storage of Crestview | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.08 | Property | U-Haul Storage of Beloit | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.09 | Property | U-Haul Storage of Fremont | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.10 | Property | U-Haul Storage of Rock River | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.11 | Property | U-Haul Storage of North Beloit | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.12 | Property | U-Haul Storage of Southwest Beloit | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
11.13 | Property | U-Haul Storage of West Beloit | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
12 | (24) | Loan | Hammond Aire | 40,000 | 11.4% | Marshalls | 1/31/2026 | 25,000 | 7.1% | Michaels | 2/29/2024 | 23,400 | 6.7% | K&G Men's Company | |||
13 | (25) | Loan | APX Morristown | 95,062 | 19.5% | Lonza America Inc. | 5/31/2029 | 81,822 | 16.8% | Jacobs Engineering Group Inc. | 3/31/2030 | 44,005 | 9.0% | Majesco | |||
14 | Loan | Lampwork Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
15 | Loan | B3 Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
16 | (26) | Loan | 1399 Park Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
17 | Loan | Bella Grand | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
18 | Loan | Bakery Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
19 | Loan | Howard Commons | 29,697 | 8.4% | Global Payments Check Services, Inc. | 1/31/2024 | 19,389 | 5.5% | Greenwood Associates, Inc. | 9/30/2026 | 19,293 | 5.4% | Luv Sports, Inc. | ||||
20 | Loan | West Towne Commons | 23,500 | 13.0% | TJ Maxx | 5/31/2025 | 22,250 | 12.3% | Petco | 3/31/2025 | 12,696 | 7.0% | Shoe Carnival | ||||
21 | Loan | CEV Upstate Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
22 | Loan | MacArthur Village | 21,000 | 11.5% | Party City | 5/31/2026 | 18,000 | 9.9% | Piccadilly Holdings | 7/31/2023 | 12,505 | 6.9% | Petco | ||||
23 | Loan | Tru Fayetteville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
24 | Loan | Langston Landing | 9,900 | 11.9% | Mediterranean Breeze | 1/31/2029 | 5,075 | 6.1% | Pet Country | MTM | 2,200 | 2.6% | Ranstad | ||||
25 | Loan | 3030 Chapman Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
26 | Loan | Adam's Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
27 | Loan | DDC4 Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | ||||
27.01 | Property | 2029 P Street NW | 1,750 | 19.8% | Chiko | 6/30/2029 | 1,136 | 12.8% | LAWG | 1/31/2023 | 1,124 | 12.7% | Obelisk Inc | ||||
27.02 | Property | 900 6th Street NW | 1,614 | 49.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
27.03 | Property | 440 Massachusetts Avenue NW | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
27.04 | Property | 1401 R Street NW | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
28 | Loan | B2 Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
29 | Loan | 5th Street Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||
30 | Loan | 1080 Lofts | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-9
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
5TH LARGEST TENANT INFORMATION(14)(15)(16) | MORTGAGE LOAN RESERVE INFORMATION | |||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | 5th Largest Tenant Lease Expiration | 5th Largest Tenant NRA | 5th Largest Tenant % of NRA | Upfront Replacement Reserves(17) | Monthly Replacement Reserves(18) | Replacement Reserve Cap(19) | Upfront TI/LC Reserves(17) | Monthly TI/LC Reserves(18) | TI/LC Reserve Cap(19) | Upfront Tax Reserves (17) | Monthly Tax Reserves(18) | Upfront Insurance Reserves (17) | |
1 | Loan | KPMG Plaza at Hall Arts | 17,203 SF(3/31/2026); 2,911 SF(4/15/2026) | 20,114 | 4.4% | $0 | Springing | NAP | $0 | Springing | NAP | $0 | Springing | $0 | ||
2 | (22) | Loan | Peachtree Office Towers | 4/30/2024 | 24,682 | 4.0% | $0 | $10,329 | NAP | $4,083,544 | $69,720 | NAP | $512,843 | $165,495 | $0 | |
3 | Loan | Selig Office Portfolio | Various | Various | Various | $0 | $8,390 | NAP | $2,000,000 | $58,728 | NAP | $0 | $97,436 | $0 | ||
3.01 | Property | 4th & Battery | 5/31/2023 | 17,916 | 8.9% | |||||||||||
3.02 | Property | 333 Elliott | NAP | NAP | NAP | |||||||||||
3.03 | Property | 3rd & Battery | NAP | NAP | NAP | |||||||||||
4 | Loan | Arciterra Portfolio | Various | Various | Various | $10,704 | $10,704 | NAP | $1,000,000 | $42,817 | $2,000,000 | $100,989 | $110,923 | $0 | ||
4.01 | Property | Seven Hills Plaza | 12/31/2027 | 6,838 | 5.0% | |||||||||||
4.02 | Property | Cumberland Place | 12/31/2021 | 1,600 | 4.8% | |||||||||||
4.03 | Property | Westgate Plaza | 4/30/2025 | 2,000 | 3.0% | |||||||||||
4.04 | Property | Main Street Office | 1/31/2022 | 1,105 | 4.0% | |||||||||||
4.05 | Property | Auburn Cord Plaza | 7/31/2023 | 4,700 | 4.0% | |||||||||||
4.06 | Property | Plainfield Village | 10/31/2027 | 2,440 | 5.9% | |||||||||||
4.07 | Property | Mayodan Shopping Center | 5/31/2022 | 3,690 | 6.6% | |||||||||||
4.08 | Property | Burlington Plaza West | 12/31/2022 | 3,960 | 11.1% | |||||||||||
4.09 | Property | Shoppes at Heather Glen | 12/31/2022 | 1,440 | 9.0% | |||||||||||
4.10 | Property | Pine Tree Plaza | 1/31/2023 | 2,200 | 8.1% | |||||||||||
4.11 | Property | Ville Platte Shopping Center | 6/30/2022 | 2,000 | 7.9% | |||||||||||
4.12 | Property | Sweden Shopping Center | 12/31/2022 | 1,600 | 8.5% | |||||||||||
4.13 | Property | Longview Center | 8/31/2024 | 1,600 | 6.2% | |||||||||||
4.14 | Property | Eastman Shopping Center | 12/31/2021 | 1,200 | 7.9% | |||||||||||
5 | Loan | The Westchester | 9/30/2020 | 10,377 | 1.3% | $0 | Springing | $543,990 | $8,006,075 | Springing | $2,322,930 | $0 | Springing | $0 | ||
6 | Loan | Sol y Luna | NAP | NAP | NAP | $0 | $13,782 | NAP | $0 | $0 | NAP | $362,500 | $72,500 | $156,150 | ||
7 | Loan | University Village | 12/1/2028 | 19,909 | 3.3% | $0 | Springing | $298,818 | $0 | Springing | $1,792,905 | $0 | Springing | $0 | ||
8 | Loan | Renaissance Plano | NAP | NAP | NAP | $0 | Springing | NAP | $0 | $0 | NAP | $0 | Springing | $50,000 | ||
9 | Loan | Monaco Park Apartments | NAP | NAP | NAP | $0 | Springing | $71,000 | $0 | $0 | NAP | $0 | Springing | $0 | ||
10 | Loan | Portofino Cove | NAP | NAP | NAP | $0 | $5,625 | NAP | $0 | $0 | NAP | $0 | $21,556 | $48,437 | ||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | NAP | NAP | NAP | $88,563 | Springing | $88,563 | $0 | $0 | NAP | $239,943 | Springing | $0 | |
11.01 | Property | U-Haul Moving & Storage of Mesa | NAP | NAP | NAP | |||||||||||
11.02 | Property | U-Haul Storage of Roscoe | NAP | NAP | NAP | |||||||||||
11.03 | Property | U-Haul Storage of South Beloit | NAP | NAP | NAP | |||||||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | NAP | NAP | NAP | |||||||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | NAP | NAP | NAP | |||||||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | NAP | NAP | NAP | |||||||||||
11.07 | Property | U-Haul Storage of Crestview | NAP | NAP | NAP | |||||||||||
11.08 | Property | U-Haul Storage of Beloit | NAP | NAP | NAP | |||||||||||
11.09 | Property | U-Haul Storage of Fremont | NAP | NAP | NAP | |||||||||||
11.10 | Property | U-Haul Storage of Rock River | NAP | NAP | NAP | |||||||||||
11.11 | Property | U-Haul Storage of North Beloit | NAP | NAP | NAP | |||||||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | NAP | NAP | NAP | |||||||||||
11.13 | Property | U-Haul Storage of West Beloit | NAP | NAP | NAP | |||||||||||
12 | (24) | Loan | Hammond Aire | 2/28/2022 | 20,000 | 5.7% | $0 | $8,159 | NAP | $2,000,000 | Springing | $2,000,000 | $74,283 | $24,761 | $0 | |
13 | (25) | Loan | APX Morristown | 7/31/2021 | 31,030 | 6.4% | $0 | $10,140 | $366,000 | $0 | $48,343 (10/5/2019-1/5/2021); $60,841 (2/5/2021-9/5/2029) | NAP | $273,520 | $92,162 | $53,734 | |
14 | Loan | Lampwork Apartments | NAP | NAP | NAP | $0 | $1,917 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | ||
15 | Loan | B3 Lofts | NAP | NAP | NAP | $0 | $1,708 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | ||
16 | (26) | Loan | 1399 Park Avenue | NAP | NAP | NAP | $0 | $368 | NAP | $0 | $0 | NAP | $48,618 | $9,724 | $6,522 | |
17 | Loan | Bella Grand | NAP | NAP | NAP | $500,000 | Springing | NAP | $0 | $0 | NAP | $60,000 | $15,000 | $1,988 | ||
18 | Loan | Bakery Lofts | NAP | NAP | NAP | $30,000 | $1,188 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | ||
19 | Loan | Howard Commons | 6/30/2022 | 16,619 | 4.7% | $0 | $8,017 | $140,000 | $210,000 | $15,642 | $350,000 | $381,441 | $63,574 | $0 | ||
20 | Loan | West Towne Commons | 8/31/2025 | 11,885 | 6.6% | $0 | $3,016 | NAP | $400,000 | $22,620 | NAP | $54,872 | $26,254 | $23,648 | ||
21 | Loan | CEV Upstate Apartments | NAP | NAP | NAP | $0 | $4,459 | NAP | $0 | $0 | NAP | $0 | $30,330 | $0 | ||
22 | Loan | MacArthur Village | 1/31/2025 | 12,500 | 6.9% | $0 | $1,191 | NAP | $125,000 | $29,640 (12/5/2019-5/5/2020); $5,954 (6/5/2020-11/5/2029) | $350,000 | $139,261 | $11,605 | $16,879 | ||
23 | Loan | Tru Fayetteville | NAP | NAP | NAP | $10,602 | 1/12 of 4% Total Revenue | NAP | $0 | $0 | NAP | $23,252 | $5,813 | $12,648 | ||
24 | Loan | Langston Landing | 6/30/2020 | 2,200 | 2.6% | $0 | $1,191 | $41,696 | $0 | Springing | NAP | $88,500 | $15,193 | $0 | ||
25 | Loan | 3030 Chapman Apartments | NAP | NAP | NAP | $0 | $854 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | ||
26 | Loan | Adam's Towers | NAP | NAP | NAP | $1,906 | $1,906 | NAP | $0 | $0 | NAP | $42,779 | $7,130 | $0 | ||
27 | Loan | DDC4 Portfolio | Various | Various | Various | $295 | $295 | NAP | $300,000 | $1,473 | $400,000 | $47,770 | $15,923 | $0 | ||
27.01 | Property | 2029 P Street NW | 1/31/2022 | 1,100 | 12.4% | |||||||||||
27.02 | Property | 900 6th Street NW | NAP | NAP | NAP | |||||||||||
27.03 | Property | 440 Massachusetts Avenue NW | NAP | NAP | NAP | |||||||||||
27.04 | Property | 1401 R Street NW | NAP | NAP | NAP | |||||||||||
28 | Loan | B2 Lofts | NAP | NAP | NAP | $11,229 | $750 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | ||
29 | Loan | 5th Street Lofts | NAP | NAP | NAP | $93,896 | $542 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | ||
30 | Loan | 1080 Lofts | NAP | NAP | NAP | $47,660 | $563 | NAP | $0 | $0 | NAP | $0 | Springing | $0 |
A-1-10
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN RESERVE INFORMATION | |||||||||||
Loan No. | Footnotes | Flag | Deal Name | Monthly Insurance Reserves(18) | Upfront Deferred Maint. Reserve (17) | Upfront Debt Service Reserves(17) | Monthly Debt Service Reserves(18) | Upfront Environmental Reserves(17) | Initial Other Reserves(17) | Initial Other Reserves Description(17) | Ongoing Other Reserves(18) |
1 | Loan | KPMG Plaza at Hall Arts | Springing | $0 | $0 | $0 | $0 | $1,267,335 | Unfunded Obligations Reserve | $0 | |
2 | (22) | Loan | Peachtree Office Towers | $11,518 | $0 | $0 | $0 | $0 | $390,037 | Free Rent Reserve | $45,073 |
3 | Loan | Selig Office Portfolio | $6,223 | $0 | $0 | $0 | $0 | $8,620,949 | Outstanding TI/LC Reserve ($6,410,568); Free Rent Reserve ($1,592,943); Leafly Rent Replication Reserve ($617,438) | Leafly Rent Replication Reserve | |
3.01 | Property | 4th & Battery | |||||||||
3.02 | Property | 333 Elliott | |||||||||
3.03 | Property | 3rd & Battery | |||||||||
4 | Loan | Arciterra Portfolio | Springing | $292,384 | $0 | $0 | $0 | $1,854,351 | Outstanding TI/LC Reserve ($1,527,012); Free Rent Reserve ($327,339) | $0 | |
4.01 | Property | Seven Hills Plaza | |||||||||
4.02 | Property | Cumberland Place | |||||||||
4.03 | Property | Westgate Plaza | |||||||||
4.04 | Property | Main Street Office | |||||||||
4.05 | Property | Auburn Cord Plaza | |||||||||
4.06 | Property | Plainfield Village | |||||||||
4.07 | Property | Mayodan Shopping Center | |||||||||
4.08 | Property | Burlington Plaza West | |||||||||
4.09 | Property | Shoppes at Heather Glen | |||||||||
4.10 | Property | Pine Tree Plaza | |||||||||
4.11 | Property | Ville Platte Shopping Center | |||||||||
4.12 | Property | Sweden Shopping Center | |||||||||
4.13 | Property | Longview Center | |||||||||
4.14 | Property | Eastman Shopping Center | |||||||||
5 | Loan | The Westchester | Springing | $0 | $0 | $0 | $0 | $0 | NAP | NM Reserve Fund (Springing) | |
6 | Loan | Sol y Luna | $17,350 | $4,000 | $0 | $0 | $0 | $1,500,000 | Cash Collateral Reserve | $0 | |
7 | Loan | University Village | Springing | $0 | $0 | $0 | $0 | $17,489,075 | Alterations Reserve ($14,189,947); Unfunded Obligations Reserve ($3,299,128) | $0 | |
8 | Loan | Renaissance Plano | Springing | $0 | $0 | $0 | $0 | $200,000 | Restaurant Reserve | PIP Reserve (Springing) | |
9 | Loan | Monaco Park Apartments | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | |
10 | Loan | Portofino Cove | $12,109 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | |
11 | (23) | Loan | U-Haul AREC 41 Portfolio | Springing | $465,412 | $0 | $0 | $11,000 | $0 | NAP | $0 |
11.01 | Property | U-Haul Moving & Storage of Mesa | |||||||||
11.02 | Property | U-Haul Storage of Roscoe | |||||||||
11.03 | Property | U-Haul Storage of South Beloit | |||||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | |||||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | |||||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | |||||||||
11.07 | Property | U-Haul Storage of Crestview | |||||||||
11.08 | Property | U-Haul Storage of Beloit | |||||||||
11.09 | Property | U-Haul Storage of Fremont | |||||||||
11.10 | Property | U-Haul Storage of Rock River | |||||||||
11.11 | Property | U-Haul Storage of North Beloit | |||||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | |||||||||
11.13 | Property | U-Haul Storage of West Beloit | |||||||||
12 | (24) | Loan | Hammond Aire | $15,162 | $40,625 | $0 | $0 | $0 | $235,162 | Jimmy Jazz Reserve | Lease Sweep Reserve (Springing) |
13 | (25) | Loan | APX Morristown | Springing | $55,386 | $0 | $0 | $0 | $2,270,343 | Free Rent Reserve ($2,041,170); Outstanding TI/LC Reserve ($229,173) | $92,631 |
14 | Loan | Lampwork Apartments | Springing | $2,621 | $0 | $0 | $0 | $0 | NAP | $0 | |
15 | Loan | B3 Lofts | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | |
16 | (26) | Loan | 1399 Park Avenue | $1,630 | $0 | $0 | $0 | $0 | $0 | NAP | Lease Sweep Reserve (Springing); Common Charge Reserve (Springing) |
17 | Loan | Bella Grand | Springing | $29,688 | $0 | $0 | $0 | $0 | NAP | $0 | |
18 | Loan | Bakery Lofts | Springing | $0 | $0 | $0 | $0 | $250,000 | Affordable Housing Reserve Funds | $0 | |
19 | Loan | Howard Commons | Springing | $0 | $0 | $0 | $0 | $28,800 | Suite 6299 Reserve | $0 | |
20 | Loan | West Towne Commons | $3,395 | $3,750 | $0 | $0 | $0 | $0 | NAP | $0 | |
21 | Loan | CEV Upstate Apartments | $0 | $48,588 | $0 | $0 | $0 | $0 | NAP | $0 | |
22 | Loan | MacArthur Village | $2,411 | $200,000 | $0 | $0 | $0 | $0 | NAP | Springing | |
23 | Loan | Tru Fayetteville | $973 | $0 | $0 | $0 | $0 | $0 | NAP | NAP | |
24 | Loan | Langston Landing | Springing | $80,638 | $0 | $0 | $63,400 | $0 | NAP | Springing | |
25 | Loan | 3030 Chapman Apartments | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | |
26 | Loan | Adam's Towers | Springing | $2,500 | $0 | $0 | $0 | $0 | NAP | $0 | |
27 | Loan | DDC4 Portfolio | Springing | $2,563 | $0 | $0 | $0 | $42,995 | Free Rent Reserve ($34,943); Common Charge Reserve ($8,052) | Common Charge Reserve (Springing) | |
27.01 | Property | 2029 P Street NW | |||||||||
27.02 | Property | 900 6th Street NW | |||||||||
27.03 | Property | 440 Massachusetts Avenue NW | |||||||||
27.04 | Property | 1401 R Street NW | |||||||||
28 | Loan | B2 Lofts | Springing | $1,050 | $0 | $0 | $0 | $0 | NAP | $0 | |
29 | Loan | 5th Street Lofts | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | |
30 | Loan | 1080 Lofts | Springing | $6,815 | $0 | $0 | $0 | $0 | NAP | $0 |
A-1-11
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN RESERVE INFORMATION | ||||
Loan No. | Footnotes | Flag | Deal Name | Ongoing Other Reserves Description(18) |
1 | Loan | KPMG Plaza at Hall Arts | NAP | |
2 | (22) | Loan | Peachtree Office Towers | Additional Leasing Reserve in a monthly amount based on a defined schedule through December 5, 2024 |
3 | Loan | Selig Office Portfolio | Leafly Rent Reserve: On each payment date, the borrower is required to deposit into the Leafly Rent Replication Reserve the monthly rental amount due under the Leafly lease. If amounts on deposit in the Leafly Rent Replication Reserve falls below the anticipated Leafly rental amounts for the next three months, the borrower is required to deposit an amount necessary to cause the funds on deposit to equal the anticipated three months. | |
3.01 | Property | 4th & Battery | ||
3.02 | Property | 333 Elliott | ||
3.03 | Property | 3rd & Battery | ||
4 | Loan | Arciterra Portfolio | NAP | |
4.01 | Property | Seven Hills Plaza | ||
4.02 | Property | Cumberland Place | ||
4.03 | Property | Westgate Plaza | ||
4.04 | Property | Main Street Office | ||
4.05 | Property | Auburn Cord Plaza | ||
4.06 | Property | Plainfield Village | ||
4.07 | Property | Mayodan Shopping Center | ||
4.08 | Property | Burlington Plaza West | ||
4.09 | Property | Shoppes at Heather Glen | ||
4.10 | Property | Pine Tree Plaza | ||
4.11 | Property | Ville Platte Shopping Center | ||
4.12 | Property | Sweden Shopping Center | ||
4.13 | Property | Longview Center | ||
4.14 | Property | Eastman Shopping Center | ||
5 | Loan | The Westchester | Borrower is required to make Monthly payments (a) if a Reserve Trigger Period wherein the DSCR < 2.50x (or 2 consecutive calendar quarters based on the trailing 4 calendar quarter immediately preceding the date of such determination) does not exist and a Simon Control Event wherein a Simon Key Principal not owning at least 40.0% of the direct or indirect interests in borrower or does not control borrower, has occurred, the period commencing on the occurrence of a Major Tenant Trigger Event and ending on a Major Tenant Trigger Event Cure or (b) if a Reserve Trigger Period wherein the DSCR < 2.50x (or 2 consecutive calendar quarters based on the trailing 4 calendar quarter immediately preceding the date of such determination) exists, the period commencing on the occurrence of a Major Tenant Trigger Event and ending on the earlier to occur of (x) a Major Tenant Trigger Event Cure and (y) so long as a Simon Control Event wherein a Simon Key Principal not owning at least 40.0% of the direct or indirect interests in borrower or does not control borrower has not occurred, a Reserve Trigger Event Cure. A “Major Tenant Trigger Event” means the earlier to occur of (i) bankruptcy of Neiman Marcus, (ii) the date on which Neiman Marcus goes dark or vacates its space at the Property or (iii) the earlier of the date on which Neiman Marcus gives notice that it will not be renewing its lease or the date that is six months prior to the date of expiration of the Neiman Marcus lease. | |
6 | Loan | Sol y Luna | NAP | |
7 | Loan | University Village | NAP | |
8 | Loan | Renaissance Plano | PIP Reserve: During a PIP Period, all excess cash flow is required to be deposited | |
9 | Loan | Monaco Park Apartments | NAP | |
10 | Loan | Portofino Cove | NAP | |
11 | (23) | Loan | U-Haul AREC 41 Portfolio | NAP |
11.01 | Property | U-Haul Moving & Storage of Mesa | ||
11.02 | Property | U-Haul Storage of Roscoe | ||
11.03 | Property | U-Haul Storage of South Beloit | ||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | ||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | ||
11.06 | Property | U-Haul Moving & Storage of Brentwood | ||
11.07 | Property | U-Haul Storage of Crestview | ||
11.08 | Property | U-Haul Storage of Beloit | ||
11.09 | Property | U-Haul Storage of Fremont | ||
11.10 | Property | U-Haul Storage of Rock River | ||
11.11 | Property | U-Haul Storage of North Beloit | ||
11.12 | Property | U-Haul Storage of Southwest Beloit | ||
11.13 | Property | U-Haul Storage of West Beloit | ||
12 | (24) | Loan | Hammond Aire | Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited. |
13 | (25) | Loan | APX Morristown | Additional Leasing Reserve in a monthly amount based on a defined schedule through September 5, 2024; Free rent reserve in a monthly amount of $73,825 through December 5 2019. |
14 | Loan | Lampwork Apartments | NAP | |
15 | Loan | B3 Lofts | NAP | |
16 | (26) | Loan | 1399 Park Avenue | Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited. Common Charge Reserve: An amount equal to the monthly amount set forth in the annual budget for common charges |
17 | Loan | Bella Grand | NAP | |
18 | Loan | Bakery Lofts | NAP | |
19 | Loan | Howard Commons | NAP | |
20 | Loan | West Towne Commons | NAP | |
21 | Loan | CEV Upstate Apartments | NAP | |
22 | Loan | MacArthur Village | Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited. | |
23 | Loan | Tru Fayetteville | NAP | |
24 | Loan | Langston Landing | Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited. | |
25 | Loan | 3030 Chapman Apartments | NAP | |
26 | Loan | Adam's Towers | NAP | |
27 | Loan | DDC4 Portfolio | Common Charge Reserve: During a cash trap event period, the borrower is required to deposit an amount equal to the monthly amount set forth in the annual budget for common charges. | |
27.01 | Property | 2029 P Street NW | ||
27.02 | Property | 900 6th Street NW | ||
27.03 | Property | 440 Massachusetts Avenue NW | ||
27.04 | Property | 1401 R Street NW | ||
28 | Loan | B2 Lofts | NAP | |
29 | Loan | 5th Street Lofts | NAP | |
30 | Loan | 1080 Lofts | NAP |
A-1-12
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
MORTGAGE LOAN RESERVE INFORMATION | THIRD PARTY REPORTS | |||||||||||||||
Loan No. | Footnotes | Flag | Deal Name | Other Reserves Cap(19) | Holdback(19) | Holdback Amount(20) | Holdback Description(20) | Letter of Credit | Letter of Credit Description | Appraisal Value Date | Environmental Phase I Report Date(21) | Phase II Performed(21) | Engineering Report Date | Seismic Zone (Y/N) | Seismic Report Date | |
1 | Loan | KPMG Plaza at Hall Arts | NAP | No | NAP | NAP | No | NAP | 11/25/2019 | 8/2/2019 | No | 8/13/2019 | NAP | NAP | ||
2 | (22) | Loan | Peachtree Office Towers | NAP | No | NAP | NAP | No | NAP | 9/4/2019 | 9/5/2019 | No | 9/4/2019 | NAP | NAP | |
3 | Loan | Selig Office Portfolio | NAP | No | NAP | NAP | No | NAP | Various | 6/20/2019 | No | 6/20/2019 | 3 | Various | ||
3.01 | Property | 4th & Battery | 5/6/2019 | 6/20/2019 | No | 6/20/2019 | 3 | 6/13/2019 | ||||||||
3.02 | Property | 333 Elliott | 9/1/2019 | 6/20/2019 | No | 6/20/2019 | 3 | 6/11/2019 | ||||||||
3.03 | Property | 3rd & Battery | 5/6/2019 | 6/20/2019 | No | 6/20/2019 | 3 | 6/13/2019 | ||||||||
4 | Loan | Arciterra Portfolio | NAP | No | NAP | NAP | No | NAP | Various | Various | No | Various | NAP | NAP | ||
4.01 | Property | Seven Hills Plaza | 9/30/2019 | 2/5/2020 | No | 10/7/2019 | NAP | NAP | ||||||||
4.02 | Property | Cumberland Place | 9/26/2019 | 10/4/2019 | No | 10/3/2019 | NAP | NAP | ||||||||
4.03 | Property | Westgate Plaza | 10/2/2019 | 10/4/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.04 | Property | Main Street Office | 9/26/2019 | 10/1/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.05 | Property | Auburn Cord Plaza | 9/19/2019 | 10/1/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.06 | Property | Plainfield Village | 10/2/2019 | 10/4/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.07 | Property | Mayodan Shopping Center | 10/1/2019 | 10/1/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.08 | Property | Burlington Plaza West | 10/2/2019 | 10/3/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.09 | Property | Shoppes at Heather Glen | 10/4/2019 | 10/3/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.10 | Property | Pine Tree Plaza | 10/4/2019 | 10/3/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.11 | Property | Ville Platte Shopping Center | 9/26/2019 | 10/4/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.12 | Property | Sweden Shopping Center | 10/1/2019 | 10/3/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.13 | Property | Longview Center | 9/27/2019 | 10/4/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
4.14 | Property | Eastman Shopping Center | 9/26/2019 | 10/2/2019 | No | 10/4/2019 | NAP | NAP | ||||||||
5 | Loan | The Westchester | $7,159,800 | No | NAP | NAP | No | NAP | 11/26/2019 | 1/6/2020 | No | 1/6/2020 | NAP | NAP | ||
6 | Loan | Sol y Luna | NAP | No | NAP | NAP | No | NAP | 9/12/2019 | 9/19/2019 | No | 9/24/2019 | NAP | NAP | ||
7 | Loan | University Village | NAP | No | NAP | NAP | No | NAP | 10/23/2019 | 11/26/2019 | No | 11/21/2019 | 3 | 11/21/2019 | ||
8 | Loan | Renaissance Plano | NAP | No | NAP | NAP | No | NAP | 5/9/2019 | 5/21/2019 | No | 5/21/2019 | NAP | NAP | ||
9 | Loan | Monaco Park Apartments | NAP | No | NAP | NAP | No | NAP | 10/10/2019 | 9/20/2019 | No | 10/9/2019 | NAP | NAP | ||
10 | Loan | Portofino Cove | NAP | Yes | $750,000 | Lender shall disburse to borrower, on a single occurrence during the loan term, subject to: (i) no event of default is continuing, (ii) the property achieving at least 95.0% occupancy | No | NAP | 12/11/2019 | 12/17/2019 | No | 12/18/2019 | NAP | NAP | ||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | NAP | No | NAP | NAP | No | NAP | Various | Various | No | 1/16/2020 | NAP | NAP | |
11.01 | Property | U-Haul Moving & Storage of Mesa | 1/27/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.02 | Property | U-Haul Storage of Roscoe | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.03 | Property | U-Haul Storage of South Beloit | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | 1/17/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | 1/17/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.07 | Property | U-Haul Storage of Crestview | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.08 | Property | U-Haul Storage of Beloit | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.09 | Property | U-Haul Storage of Fremont | 1/17/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.10 | Property | U-Haul Storage of Rock River | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.11 | Property | U-Haul Storage of North Beloit | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
11.13 | Property | U-Haul Storage of West Beloit | 1/16/2020 | No | 1/16/2020 | NAP | NAP | |||||||||
12 | (24) | Loan | Hammond Aire | NAP | No | NAP | NAP | No | NAP | 11/15/2019 | 12/6/2019 | Yes | 11/27/2019 | NAP | NAP | |
13 | (25) | Loan | APX Morristown | NAP | No | NAP | NAP | No | NAP | 6/28/2019 | 7/12/2019 | No | 7/11/2019 | NAP | NAP | |
14 | Loan | Lampwork Apartments | NAP | No | NAP | NAP | No | NAP | 12/9/2019 | 1/21/2020 | No | 1/21/2020 | 4 | 12/13/2019 | ||
15 | Loan | B3 Lofts | NAP | No | NAP | NAP | No | NAP | 12/9/2019 | 2/5/2020 | No | 1/21/2020 | 4 | 12/11/2019 | ||
16 | (26) | Loan | 1399 Park Avenue | NAP | No | NAP | NAP | No | NAP | 8/30/2019 | 9/4/2019 | No | 9/9/2019 | NAP | NAP | |
17 | Loan | Bella Grand | NAP | No | NAP | NAP | No | NAP | 10/30/2019 | 11/12/2019 | No | 11/13/2019 | NAP | NAP | ||
18 | Loan | Bakery Lofts | NAP | No | NAP | NAP | No | NAP | 12/9/2019 | 1/23/2020 | No | 1/21/2020 | 4 | 12/13/2019 | ||
19 | Loan | Howard Commons | NAP | No | NAP | NAP | No | NAP | 9/24/2019 | 10/3/2019 | No | 10/4/2019 | NAP | NAP | ||
20 | Loan | West Towne Commons | NAP | No | NAP | NAP | No | NAP | 12/6/2019 | 1/7/2020 | No | 1/28/2020 | NAP | NAP | ||
21 | Loan | CEV Upstate Apartments | NAP | No | NAP | NAP | No | NAP | 10/17/2019 | 10/29/2019 | No | 10/29/2019 | NAP | NAP | ||
22 | Loan | MacArthur Village | NAP | No | NAP | NAP | No | NAP | 8/23/2019 | 8/29/2019 | No | 8/30/2019 | NAP | NAP | ||
23 | Loan | Tru Fayetteville | NAP | No | NAP | NAP | No | NAP | 12/10/2019 | 1/21/2020 | No | 1/21/2020 | NAP | NAP | ||
24 | Loan | Langston Landing | NAP | No | NAP | NAP | No | NAP | 10/10/2019 | 8/9/2019 | Yes | 9/27/2019 | 3 | 12/3/2019 | ||
25 | Loan | 3030 Chapman Apartments | NAP | No | NAP | NAP | No | NAP | 12/9/2019 | 12/12/2019 | No | 1/21/2020 | 4 | 12/12/2019 | ||
26 | Loan | Adam's Towers | NAP | No | NAP | NAP | No | NAP | 11/22/2019 | 12/18/2019 | No | 12/19/2019 | NAP | NAP | ||
27 | Loan | DDC4 Portfolio | NAP | No | NAP | NAP | No | NAP | 8/15/2019 | 8/23/2019 | No | 8/23/2019 | NAP | NAP | ||
27.01 | Property | 2029 P Street NW | 8/15/2019 | 8/23/2019 | No | 8/23/2019 | NAP | NAP | ||||||||
27.02 | Property | 900 6th Street NW | 8/15/2019 | 8/23/2019 | No | 8/23/2019 | NAP | NAP | ||||||||
27.03 | Property | 440 Massachusetts Avenue NW | 8/15/2019 | 8/23/2019 | No | 8/23/2019 | NAP | NAP | ||||||||
27.04 | Property | 1401 R Street NW | 8/15/2019 | 8/23/2019 | No | 8/23/2019 | NAP | NAP | ||||||||
28 | Loan | B2 Lofts | NAP | No | NAP | NAP | No | NAP | 12/9/2019 | 2/5/2020 | No | 1/21/2020 | 4 | 12/11/2019 | ||
29 | Loan | 5th Street Lofts | NAP | No | NAP | NAP | No | NAP | 12/10/2019 | 1/21/2020 | No | 1/21/2020 | 4 | 12/13/2019 | ||
30 | Loan | 1080 Lofts | NAP | No | NAP | NAP | No | NAP | 12/10/2019 | 2/5/2020 | No | 1/21/2020 | 4 | 12/13/2019 |
A-1-13
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
THIRD PARTY REPORTS | ADDITIONAL PERMITTED DEBT | TOTAL MORTGAGE DEBT INFORMATION | ||||||||||
Loan No. | Footnotes | Flag | Deal Name | PML % | Additional Future Debt Permitted | Additional Future Debt Permitted Description | Cut-off Date Pari Passu Mortgage Debt Balance(3) | Cut-off Date Subord. Mortgage Debt Balance | Total Mortgage Debt Cut-off Date LTV Ratio | Total Mortgage Debt UW NCF DSCR | ||
1 | Loan | KPMG Plaza at Hall Arts | NAP | No | NAP | $111,700,000 | NAP | 46.6% | 2.90x | |||
2 | (22) | Loan | Peachtree Office Towers | NAP | No | NAP | NAP | $6,000,000 | 66.1% | 1.17x | ||
3 | Loan | Selig Office Portfolio | Various | No | NAP | $135,000,000 | NAP | 59.0% | 1.93x | |||
3.01 | Property | 4th & Battery | 13.0% | 59.0% | 1.93x | |||||||
3.02 | Property | 333 Elliott | 11.0% | 59.0% | 1.93x | |||||||
3.03 | Property | 3rd & Battery | 7.0% | 59.0% | 1.93x | |||||||
4 | Loan | Arciterra Portfolio | NAP | No | NAP | NAP | NAP | 61.0% | 1.94x | |||
4.01 | Property | Seven Hills Plaza | NAP | 61.0% | 1.94x | |||||||
4.02 | Property | Cumberland Place | NAP | 61.0% | 1.94x | |||||||
4.03 | Property | Westgate Plaza | NAP | 61.0% | 1.94x | |||||||
4.04 | Property | Main Street Office | NAP | 61.0% | 1.94x | |||||||
4.05 | Property | Auburn Cord Plaza | NAP | 61.0% | 1.94x | |||||||
4.06 | Property | Plainfield Village | NAP | 61.0% | 1.94x | |||||||
4.07 | Property | Mayodan Shopping Center | NAP | 61.0% | 1.94x | |||||||
4.08 | Property | Burlington Plaza West | NAP | 61.0% | 1.94x | |||||||
4.09 | Property | Shoppes at Heather Glen | NAP | 61.0% | 1.94x | |||||||
4.10 | Property | Pine Tree Plaza | NAP | 61.0% | 1.94x | |||||||
4.11 | Property | Ville Platte Shopping Center | NAP | 61.0% | 1.94x | |||||||
4.12 | Property | Sweden Shopping Center | NAP | 61.0% | 1.94x | |||||||
4.13 | Property | Longview Center | NAP | 61.0% | 1.94x | |||||||
4.14 | Property | Eastman Shopping Center | NAP | 61.0% | 1.94x | |||||||
5 | Loan | The Westchester | NAP | No | NAP | $343,000,000 | $57,000,000 | 49.4% | 3.10x | |||
6 | Loan | Sol y Luna | NAP | No | NAP | $90,000,000 | $53,000,000 | 74.7% | 1.12x | |||
7 | Loan | University Village | 7.0% | No | NAP | $250,000,000 | $130,000,000 | 58.5% | 2.23x | |||
8 | Loan | Renaissance Plano | NAP | No | NAP | $89,075,933 | NAP | 63.9% | 1.77x | |||
9 | Loan | Monaco Park Apartments | NAP | No | NAP | NAP | NAP | 67.0% | 2.17x | |||
10 | Loan | Portofino Cove | NAP | No | NAP | NAP | $2,500,000 | 68.4% | 1.65x | |||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | NAP | No | NAP | NAP | NAP | 61.6% | 1.82x | ||
11.01 | Property | U-Haul Moving & Storage of Mesa | NAP | 61.6% | 1.82x | |||||||
11.02 | Property | U-Haul Storage of Roscoe | NAP | 61.6% | 1.82x | |||||||
11.03 | Property | U-Haul Storage of South Beloit | NAP | 61.6% | 1.82x | |||||||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | NAP | 61.6% | 1.82x | |||||||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | NAP | 61.6% | 1.82x | |||||||
11.06 | Property | U-Haul Moving & Storage of Brentwood | NAP | 61.6% | 1.82x | |||||||
11.07 | Property | U-Haul Storage of Crestview | NAP | 61.6% | 1.82x | |||||||
11.08 | Property | U-Haul Storage of Beloit | NAP | 61.6% | 1.82x | |||||||
11.09 | Property | U-Haul Storage of Fremont | NAP | 61.6% | 1.82x | |||||||
11.10 | Property | U-Haul Storage of Rock River | NAP | 61.6% | 1.82x | |||||||
11.11 | Property | U-Haul Storage of North Beloit | NAP | 61.6% | 1.82x | |||||||
11.12 | Property | U-Haul Storage of Southwest Beloit | NAP | 61.6% | 1.82x | |||||||
11.13 | Property | U-Haul Storage of West Beloit | NAP | 61.6% | 1.82x | |||||||
12 | (24) | Loan | Hammond Aire | NAP | No | NAP | NAP | $2,680,000 | 67.2% | 1.71x | ||
13 | (25) | Loan | APX Morristown | NAP | No | NAP | $66,000,000 | NAP | 67.3% | 1.62x | ||
14 | Loan | Lampwork Apartments | 14.0% | No | NAP | NAP | NAP | 61.4% | 2.31x | |||
15 | Loan | B3 Lofts | 9.0% | No | NAP | NAP | NAP | 60.1% | 2.24x | |||
16 | (26) | Loan | 1399 Park Avenue | NAP | No | NAP | NAP | NAP | 67.2% | 1.97x | ||
17 | Loan | Bella Grand | NAP | Yes | Mezzanine Debt subject to, among other things: (i) Combined DSCR >= 1.20x, (ii) Combined LTV <= 80.0%, (iii) Combined DY >= 7.24%, (iv) Intercreditor Agreement, (v) Rating Agency Confirmation | NAP | $2,000,000 | 74.3% | 1.96x | |||
18 | Loan | Bakery Lofts | 15.0% | No | NAP | NAP | NAP | 63.7% | 2.52x | |||
19 | Loan | Howard Commons | NAP | No | NAP | NAP | NAP | 57.2% | 1.77x | |||
20 | Loan | West Towne Commons | NAP | No | NAP | NAP | NAP | 72.5% | 2.09x | |||
21 | Loan | CEV Upstate Apartments | NAP | No | NAP | NAP | NAP | 69.0% | 2.08x | |||
22 | Loan | MacArthur Village | NAP | No | NAP | NAP | NAP | 69.3% | 1.78x | |||
23 | Loan | Tru Fayetteville | NAP | No | NAP | NAP | NAP | 59.5% | 2.17x | |||
24 | Loan | Langston Landing | 19.0% | No | NAP | NAP | NAP | 61.6% | 2.26x | |||
25 | Loan | 3030 Chapman Apartments | 10.0% | No | NAP | NAP | NAP | 58.8% | 2.38x | |||
26 | Loan | Adam's Towers | NAP | No | NAP | NAP | NAP | 64.4% | 2.06x | |||
27 | Loan | DDC4 Portfolio | NAP | No | NAP | NAP | NAP | 64.8% | 2.14x | |||
27.01 | Property | 2029 P Street NW | NAP | 64.8% | 2.14x | |||||||
27.02 | Property | 900 6th Street NW | NAP | 64.8% | 2.14x | |||||||
27.03 | Property | 440 Massachusetts Avenue NW | NAP | 64.8% | 2.14x | |||||||
27.04 | Property | 1401 R Street NW | NAP | 64.8% | 2.14x | |||||||
28 | Loan | B2 Lofts | 9.0% | No | NAP | NAP | NAP | 60.8% | 2.55x | |||
29 | Loan | 5th Street Lofts | 13.0% | No | NAP | NAP | NAP | 61.2% | 2.81x | |||
30 | Loan | 1080 Lofts | 14.0% | No | NAP | NAP | NAP | 58.7% | 2.88x |
A-1-14
ANNEX A-1 - CERTAIN CHARACTERISTICS
OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES
TOTAL MORTGAGE DEBT INFORMATION | TOTAL DEBT INFORMATION | ||||||||
Loan No. | Footnotes | Flag | Deal Name | Total Mortgage Debt UW NOI Debt Yield | Cut-off Date Mezzanine Debt Balance | Total Debt Cut-off Date LTV Ratio | Total Debt UW NCF DSCR | Total Debt UW NOI Debt Yield | |
1 | Loan | KPMG Plaza at Hall Arts | 10.5% | NAP | 46.6% | 2.90x | 10.5% | ||
2 | (22) | Loan | Peachtree Office Towers | 8.2% | NAP | 66.1% | 1.17x | 8.2% | |
3 | Loan | Selig Office Portfolio | 9.0% | $15,000,000 | 65.6% | 1.54x | 8.1% | ||
3.01 | Property | 4th & Battery | 9.0% | 65.6% | 1.54x | 8.1% | |||
3.02 | Property | 333 Elliott | 9.0% | 65.6% | 1.54x | 8.1% | |||
3.03 | Property | 3rd & Battery | 9.0% | 65.6% | 1.54x | 8.1% | |||
4 | Loan | Arciterra Portfolio | 11.6% | $10,000,000 | 71.2% | 1.41x | 9.9% | ||
4.01 | Property | Seven Hills Plaza | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.02 | Property | Cumberland Place | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.03 | Property | Westgate Plaza | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.04 | Property | Main Street Office | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.05 | Property | Auburn Cord Plaza | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.06 | Property | Plainfield Village | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.07 | Property | Mayodan Shopping Center | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.08 | Property | Burlington Plaza West | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.09 | Property | Shoppes at Heather Glen | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.10 | Property | Pine Tree Plaza | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.11 | Property | Ville Platte Shopping Center | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.12 | Property | Sweden Shopping Center | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.13 | Property | Longview Center | 11.6% | 71.2% | 1.41x | 9.9% | |||
4.14 | Property | Eastman Shopping Center | 11.6% | 71.2% | 1.41x | 9.9% | |||
5 | Loan | The Westchester | 10.6% | NAP | 49.4% | 3.10x | 10.6% | ||
6 | Loan | Sol y Luna | 6.3% | NAP | 74.7% | 1.12x | 6.3% | ||
7 | Loan | University Village | 7.8% | NAP | 58.5% | 2.23x | 7.8% | ||
8 | Loan | Renaissance Plano | 12.3% | $14,974,994 | 74.6% | 1.35x | 10.5% | ||
9 | Loan | Monaco Park Apartments | 7.6% | NAP | 67.0% | 2.17x | 7.6% | ||
10 | Loan | Portofino Cove | 7.1% | NAP | 68.4% | 1.65x | 7.1% | ||
11 | (23) | Loan | U-Haul AREC 41 Portfolio | 10.7% | NAP | 61.6% | 1.82x | 10.7% | |
11.01 | Property | U-Haul Moving & Storage of Mesa | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.02 | Property | U-Haul Storage of Roscoe | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.03 | Property | U-Haul Storage of South Beloit | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.04 | Property | U-Haul Moving & Storage of Huber Heights | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.05 | Property | U-Haul Moving & Storage of Miamisburg | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.06 | Property | U-Haul Moving & Storage of Brentwood | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.07 | Property | U-Haul Storage of Crestview | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.08 | Property | U-Haul Storage of Beloit | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.09 | Property | U-Haul Storage of Fremont | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.10 | Property | U-Haul Storage of Rock River | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.11 | Property | U-Haul Storage of North Beloit | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.12 | Property | U-Haul Storage of Southwest Beloit | 10.7% | 61.6% | 1.82x | 10.7% | |||
11.13 | Property | U-Haul Storage of West Beloit | 10.7% | 61.6% | 1.82x | 10.7% | |||
12 | (24) | Loan | Hammond Aire | 10.8% | NAP | 67.2% | 1.71x | 10.8% | |
13 | (25) | Loan | APX Morristown | 11.0% | $13,000,000 | 80.6% | 1.22x | 9.2% | |
14 | Loan | Lampwork Apartments | 8.2% | NAP | 61.4% | 2.31x | 8.2% | ||
15 | Loan | B3 Lofts | 7.6% | NAP | 60.1% | 2.24x | 7.6% | ||
16 | (26) | Loan | 1399 Park Avenue | 7.3% | NAP | 67.2% | 1.97x | 7.3% | |
17 | Loan | Bella Grand | 8.0% | NAP | 74.3% | 1.96x | 8.0% | ||
18 | Loan | Bakery Lofts | 8.5% | NAP | 63.7% | 2.52x | 8.5% | ||
19 | Loan | Howard Commons | 12.0% | NAP | 57.2% | 1.77x | 12.0% | ||
20 | Loan | West Towne Commons | 12.8% | NAP | 72.5% | 2.09x | 12.8% | ||
21 | Loan | CEV Upstate Apartments | 12.0% | NAP | 69.0% | 2.08x | 12.0% | ||
22 | Loan | MacArthur Village | 11.5% | NAP | 69.3% | 1.78x | 11.5% | ||
23 | Loan | Tru Fayetteville | 14.6% | NAP | 59.5% | 2.17x | 14.6% | ||
24 | Loan | Langston Landing | 9.2% | NAP | 61.6% | 2.26x | 9.2% | ||
25 | Loan | 3030 Chapman Apartments | 8.4% | NAP | 58.8% | 2.38x | 8.4% | ||
26 | Loan | Adam's Towers | 7.6% | NAP | 64.4% | 2.06x | 7.6% | ||
27 | Loan | DDC4 Portfolio | 8.2% | NAP | 64.8% | 2.14x | 8.2% | ||
27.01 | Property | 2029 P Street NW | 8.2% | 64.8% | 2.14x | 8.2% | |||
27.02 | Property | 900 6th Street NW | 8.2% | 64.8% | 2.14x | 8.2% | |||
27.03 | Property | 440 Massachusetts Avenue NW | 8.2% | 64.8% | 2.14x | 8.2% | |||
27.04 | Property | 1401 R Street NW | 8.2% | 64.8% | 2.14x | 8.2% | |||
28 | Loan | B2 Lofts | 8.7% | NAP | 60.8% | 2.55x | 8.7% | ||
29 | Loan | 5th Street Lofts | 9.5% | NAP | 61.2% | 2.81x | 9.5% | ||
30 | Loan | 1080 Lofts | 9.8% | NAP | 58.7% | 2.88x | 9.8% |
A-1-15
CSAIL 2020-C19 | |
FOOTNOTES TO ANNEX A-1 | |
(1) | "Column" denotes Column Financial, Inc. and "3650 REIT" denotes 3650 REIT Loan Funding 1 LLC. |
(2) | With respect to any mortgaged property securing a multi-property mortgage loan, the amounts listed under the headings Original Balance, Cut-off Date Balance and Maturity/ARD Balance reflect the allocated loan amount related to such mortgaged property. |
(3) | Each of Loan Nos. 1, 2, 3, 5, 6, 7, 8, 10, 12, 13 and 17 is part of a whole loan related to the issuing entity. For further information, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Non-Serviced AB Whole Loans”, and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans”, as applicable, in the prospectus. |
(4) | Loan No. 5, The Westchester - The collateral for the Mortgage Loan includes a leasehold interest in an air rights parcel for a portion of the property. |
(5) | Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. |
Loan No. 5, The Westchester - NRA and PSF reflect tenant improvements, which are owned by Nordstrom (206,197 SF), which ground leases the related parcel from the borrower. | |
Loan No. 22, MacArthur Village - The largest tenant, Kroger, has a ground lease. | |
(6) | Loan No. 1, KPMG Plaza at Hall Arts, the KPMG LLP tenant has agreed to expand by 13,750 SF into suite 760. The lease commenced on November 1, 2019 and KPMG LLP has a free rent period up to June 1, 2020. At closing, $1.3MM was deposited into an Unfunded Obligations Account for outstanding TI/LC and free rent related to KPMG LLP and as such, $665,775 in incremental rental income was underwritten, however KPMG LLP has not yet taken occupancy of the expansion space. |
(7) | With regards to all mortgage loans, the Cut-Off Date LTV Ratio and the Maturity Date LTV Ratio are based on the “as-is” Appraised Value even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met. |
Loan No. 3, Selig Office Portfolio - The Appraised Value for the 333 Elliott Mortgaged Property reflects the “as-stabilized” value of the Mortgaged Property which assumes the Leafly tenant takes occupancy by September 2019. The Mortgaged Property achieved stabilization in August 2019 with the start of the Leafly lease and is 100% leased. | |
Loan No. 11, U-Haul AREC 41 Portfolio - The appraised value reflects the combined “as-is” appraised values of nine mortgaged properties as of January 14, 2020, the “as-is” appraised value of one mortgaged property as of January 16, 2020 and the “as-is” appraised value of three mortgaged properties as of January 21, 2020. The portfolio also has an appraised bulk value of $56,420,000, which equates to a Cut-off Date LTV Ratio of 56.7% and a Maturity Date/ARD LTV Ratio of 39.4%. | |
(8) | For each mortgage loan, the Admin Fee Rate % is equal to the excess of the related Interest Rate % over the sum of the related Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate, the Operating Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate. |
(9) | The classification of the lockbox types is described in the prospectus. See “Description of the Mortgage Pool—Mortgaged Property Accounts—Lockbox Accounts” for further details. |
(10) | For each partial interest-only mortgage loan, the UW NOI DSCR and UW NCF DSCR were calculated based on the first principal and interest payment during the term of the mortgage loan once amortization has commenced. |
(11) | The "L" component of the prepayment provision represents lockout payments |
The "Def" component of the prepayment provision represents defeasance payments | |
The "YM0.5" component of the prepayment provision represents greater of 0.5% of principal balance or yield maintenance payments. |
A-1-16
The "YM1" component of the prepayment provision represents greater of 1.0% of principal balance or yield maintenance payments. | |
The "O" component of the prepayment provision represents the free payments including the Maturity Date | |
(12) | With respect to Loan Nos. 3, 4, 5, 7 and 27 the related mortgage loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance; Collateral Substitution” and “—Partial Releases” in the prospectus. |
(13) | With respect to Loan Nos. 9, 10, 11, 16, 23 and 25, certain mortgaged properties (i) were constructed or the subject of a major renovation that was completed within 12 calendar months prior to the cut-off date and, therefore, the related mortgaged property has no or limited prior operating history, (ii) have a borrower or an affiliate under the related mortgage loan that acquired the related mortgaged property within 12 calendar months prior to the cut-off date and such borrower or affiliate was unable to provide the related mortgage loan seller with historical financial information for such acquired mortgaged property and/or (iii) are single tenant properties subject to triple-net leases with the related tenant where the related borrower did not provide the related mortgage loan seller with historical financial information for the related mortgaged property. |
(14) | With regards to the footnotes hereto, footnotes are only provided with respect to tenants that are among the five largest tenants by square footage for any mortgaged property. |
(15) | In certain cases, the data for tenants occupying multiple spaces includes square footage for all leases and is presented with the expiration date of the largest square footage expiring. |
(16) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under 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. |
(17) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents. |
(18) | Represents the upfront and monthly amounts required to be deposited by the borrower. The monthly required amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents. |
(19) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. |
(20) | Loan No. 10, Portofino Cove - The borrower deposited $750,000 into a holdback reserve at origination as additional security for the Mortgage Loan. Pursuant to the Mortgage Loan documents, provided that no event of default is continuing, the lender, in its sole discretion, will disburse the amounts in such reserve within 20 days of receipt of a written request from the borrower certifying, among other things, that: (i) the Mortgaged Property has achieved at least 95.0% occupancy; (ii) all leases are valid and enforceable and in full force and effect; (iii) except as described in the Mortgage Loan documents, all leases are arms-length agreements with bona fide, independent third parties; (iv) the leased premises have been completed and each related tenant has taken possession and is paying full rent in accordance with the related lease agreement; and (v) there has been no change to the rents as set forth in Mortgage Loan documents that would have a material adverse effect on the Mortgaged Property. Pursuant to the Mortgage Loan documents, if any amounts are remaining in such reserve on January 5, 2030, the lender will apply such amounts to a partial prepayment of the Mortgage Loan in accordance with the Mortgage Loan documents. |
A-1-17
(21) | With respect to Loan Nos. 1, 7, 9, 15 and 30, the related borrower obtained environmental insurance for the related mortgaged property in lieu of recourse carve out liability for a breach of environmental covenants or the guarantor delivering an environmental indemnity. |
(22) | Loan No. 2, Peachtree Office Towers – The whole loan is interest only for the first five years then amortizes over a non-standard amortization schedule as set forth on Annex F to the prospectus and accrues interest based on a defined schedule pursuant to the respective loan documents. Unless otherwise indicated, references herein to the mortgage rate reflect the initial interest rate of 3.8172727%. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing January 5, 2025. |
(23) | Loan No. 11, U-Haul AREC 41 Portfolio – The mortgage loan had an initial term of 120 months and requires payments of principal and interest based on a 25-year amortization schedule through March 5, 2030. The anticipated repayment date is March 5, 2030 and the final maturity date is March 5, 2035. In the event the mortgage loan is not repaid in full before the anticipated repayment date, the interest rate will accrue interest at a rate equal to 3.0000% plus the greater of (i) 3.1100% and (ii) the 10-year treasury swap rate as of the business day immediately preceding the anticipated repayment date plus 3.0000%, provided that in no event the revised rate will exceed 8.1100% (post-ARD additional interest rate). As of the anticipated repayment date, the mortgage loan will have a remaining term of 60 months. In addition, if the loan is not repaid following the anticipated repayment date, the borrowers are required to make monthly debt service payments in the amount required prior to the anticipated repayment date and deposit with the lender all excess cash flow to be applied: (i) first, to interest in an amount equal to the interest that would have accrued on the outstanding principal balance of the loan (without adjustment for accrued interest) at 3.1100%; (ii) second, to the reduction of the principal balance of the loan until the entire outstanding principal balance of the loan is paid in full; and (iii) third, to the payment of accrued interest on the loan until all accrued interest on the loan is paid in full. |
(24) | Loan No. 12, Hammond Aire - The whole loan is interest only for the first 40 payments then amortizes over a non-standard amortization schedule as set forth on Annex G to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing August 5, 2025. |
(25) | Loan No. 13, APX Morristown - The whole loan is interest only for the first five years then amortizes over a non-standard amortization schedule as set forth on Annex H to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing October 5, 2024. |
(26) | Loan No. 16, 1399 Park Avenue – The mortgage loan had an initial term of 124 months and requires interest-only payments through February 5, 2030. The anticipated repayment date is February 5, 2030 and the final maturity date is February 5, 2032. In the event the mortgage loan is not repaid in full before the anticipated repayment date, the interest rate will be accrue at a rate equal to the greater of (i) 6.6500%, (ii) the treasury rate plus 3.0000% or (iii) when applicable pursuant to the loan agreement, the default rate (post-ARD additional interest rate). As of the anticipated repayment date, the mortgage loan will have a remaining term of 24 months. Each monthly debt service payment amount paid after the anticipated repayment date will be applied to the payment of interest based on the initial interest rate of 3.6500%, with any remainder applied to reduce the outstanding principal balance of the loan. From and after the anticipated repayment date, any and all interest accrued at the post-ARD additional interest rate and not paid pursuant to the preceding sentence will be deferred and will be paid on the maturity date to the extent not sooner paid pursuant to the loan agreement. The anticipated repayment date automatically triggers a full cash flow sweep during which all excess cash flow will be used to pay down the principal balance of the mortgage loan. |
A-1-18