FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-260277-01 | ||
Benchmark 2022-B34
The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (File No. 333-260277) 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 Securities and Exchange Commission 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 Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Deutsche Bank Securities Inc., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by emailing: prospectus.cpdg@db.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us. This free writing prospectus does not contain all information that is required to be included in the prospectus.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
This material is for your information, and none of Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Academy Securities, Inc., Drexel Hamilton, LLC or any other underwriter, (collectively, the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the preliminary prospectus relating to the Benchmark 2022-B34 Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series 2022-B34 (the "Offering Document"). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein 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 contained herein 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. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Underwriters or any of their respective affiliates makes any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities.
This document contains forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the depositor undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the issuer’s view only as of the date hereof.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
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Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address |
9 | |||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 9.3% | 100.0% | DBRI, MSBNA, CREFI, WFBNA | GACC, CREFI | NAP | NAP | 601 Lexington Avenue |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 9.3% | 100.0% | GSBI | GSMC | NAP | NAP | 624 South Grand Avenue |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 9.3% | JPMCB, SMC | JPMCB | NAP | NAP | Various | |
3.01 | Property | 1 | First National Building | 2.1% | 23.1% | 660 Woodward Avenue | |||||
3.02 | Property | 27 | 1 | The Qube | 1.4% | 14.7% | 611 Woodward Avenue | ||||
3.03 | Property | 27 | 1 | Chrysler House | 1.1% | 11.5% | 719 Griswold Street and 730 Shelby Street | ||||
3.04 | Property | 27 | 1 | 1001 Woodward | 1.1% | 11.4% | 1001-1075 Woodward Avenue | ||||
3.05 | Property | 1 | One Woodward | 0.8% | 8.3% | 1 Woodward Avenue | |||||
3.06 | Property | 1 | The Z Garage | 0.6% | 6.7% | 1234-1246 Library Street and 1327 Broadway Avenue | |||||
3.07 | Property | 1 | Two Detroit Garage | 0.5% | 5.1% | 160 East Congress Street | |||||
3.08 | Property | 1 | 1505 & 1515 Woodward | 0.4% | 4.8% | 1505 and 1515-1529 Woodward Avenue | |||||
3.09 | Property | 1 | 1001 Brush Street | 0.4% | 4.1% | 1001 Brush Street | |||||
3.10 | Property | 12 | 1 | The Assembly | 0.3% | 3.2% | 1700 West Fort Street | ||||
3.11 | Property | 1 | 419 Fort Street Garage | 0.3% | 2.9% | 419 East Fort Street | |||||
3.12 | Property | 12 | 1 | Vinton | 0.2% | 1.8% | 600 Woodward Avenue | ||||
3.13 | Property | 1 | 1401 First Street | 0.2% | 1.7% | 1401 First Street | |||||
3.14 | Property | 1 | Lane Bryant Building | 0.1% | 0.9% | 1520 Woodward Avenue | |||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 7.4% | 100.0% | DBRI | GACC | NAP | NAP | 7007 Romaine Street and 1009-1023 North Orange Drive |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 6.1% | 100.0% | CREFI | CREFI | NAP | NAP | 301 East Ocean Boulevard |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 4.4% | DBRI | GACC | NAP | NAP | Various | |
6.01 | Property | 1 | Summit Ridge | 2.1% | 48.3% | 1111 Independence Avenue | |||||
6.02 | Property | 1 | Lexington Village | 1.3% | 30.8% | 7820 Lexington Avenue | |||||
6.03 | Property | 1 | Gateway at the Greene | 0.9% | 20.8% | 3325 East Stroop Road | |||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 3.8% | CREFI | CREFI | NAP | NAP | Various | |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | 0.6% | 14.6% | 2903 North US 17 Highway | |||||
7.02 | Property | 1 | Walgreens, Meridian, ID | 0.3% | 8.5% | 1570 East Fairview Avenue | |||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | 0.3% | 7.2% | 422 Drive in Lane | |||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | 0.2% | 5.6% | 1051 Park Street | |||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | 0.2% | 4.6% | 181 US Route 171 | |||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | 0.1% | 3.9% | 126 Charles Street | |||||
7.07 | Property | 1 | Dollar General, Ghent, WV | 0.1% | 3.9% | 3285 Flat Top Road | |||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | 0.1% | 3.8% | 802 Main Street | |||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | 0.1% | 3.3% | 16451 US Highway 49 | |||||
7.10 | Property | 1 | Dollar General, Lenore, WV | 0.1% | 3.2% | 384 West Virginia Highway 65 | |||||
7.11 | Property | 1 | Family Dollar, Linden, AL | 0.1% | 3.2% | 303 South Main Street | |||||
7.12 | Property | 1 | Fresenius, Rayville, LA | 0.1% | 3.1% | 230 Highway 3048 | |||||
7.13 | Property | 1 | Dollar General, Burlington, WV | 0.1% | 3.1% | 2172 Northwestern Turnpike | |||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | 0.1% | 3.1% | 27245 Highway 62 | |||||
7.15 | Property | 1 | Dollar General, Hinton, WV | 0.1% | 2.9% | 1089 State Route Highway 3 and 12 | |||||
7.16 | Property | 1 | Dollar General, Lerona, WV | 0.1% | 2.9% | 6885 Hinton Road | |||||
7.17 | Property | 1 | Dollar General, Rushford, NY | 0.1% | 2.9% | 8874 State Route 243 | |||||
7.18 | Property | 1 | Dollar General, Walker, WV | 0.1% | 2.8% | 11494 Staunton-Parkersburg Turnpike | |||||
7.19 | Property | 1 | Dollar General, Dixie, WV | 0.1% | 2.8% | 1326 Dixie Highway | |||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | 0.1% | 2.6% | 41711 Alabama Highway 225 | |||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | 0.1% | 2.6% | 15690 Highway 78 | |||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | 0.1% | 2.4% | 3362 Highway 82 West | |||||
7.23 | Property | 1 | Dollar General, Knox City, TX | 0.1% | 2.4% | 1204 East Main Street | |||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | 0.1% | 2.4% | 529 Pine Street | |||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | 0.1% | 2.4% | 5250 Cherokee County 41 | |||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 3.8% | 100.0% | DBNY | GACC | NAP | NAP | 7215-7597 170th Avenue Northeast and 17181-17209 Redmond Way |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 3.3% | GSBI, WFB | GSMC | NAP | NAP | Various | |
9.01 | Property | 1 | 800 Northwest 4th Street | 0.6% | 17.1% | 800 Northwest 4th Street | |||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | 0.5% | 16.3% | 4100 Millennium Boulevard Southeast | |||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | 0.5% | 14.7% | 3000 East Mount Pleasant Street | |||||
9.04 | Property | 1 | 7330 West Sherman Street | 0.4% | 13.0% | 7330 West Sherman Street | |||||
9.05 | Property | 12 | 1 | 821 Route 97 | 0.4% | 11.0% | 821 Route 97 | ||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | 0.3% | 10.0% | 3200 Northern Cross Boulevard | |||||
9.07 | Property | 1 | 3636 Medallion Avenue | 0.3% | 9.9% | 3636 Medallion Avenue | |||||
9.08 | Property | 1 | 692 Wabash Avenue North | 0.1% | 4.1% | 692 Wabash Avenue North | |||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | 0.1% | 3.7% | 225 Commonwealth Avenue Extension | |||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 3.1% | 100.0% | CREFI | CREFI | NAP | NAP | 13821-13995 Hall Road |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 3.1% | 100.0% | GSBI | GSMC | NAP | NAP | 44 West 47th Street |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 3.1% | CREFI | CREFI | NAP | NAP | Various | |
12.01 | Property | 29 | 1 | 285 Riverside Ave | 1.8% | 60.0% | 285 Riverside Avenue | ||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | 1.2% | 40.0% | 355 Riverside Avenue | ||||
13 | Loan | 27 | 1 | Bala Woods | 3.0% | 100.0% | CREFI | CREFI | NAP | NAP | 23200 Forest North Drive |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 2.6% | 100.0% | LCF | GACC | NAP | NAP | 3964 Missouri Flat Road |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 2.4% | 100.0% | DBRI | GACC | NAP | NAP | 800 Scudders Mill Road |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 2.2% | 100.0% | GSBI | GSMC | NAP | NAP | 74-855 Country Club Drive |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 2.1% | CREFI | CREFI | NAP | NAP | Various | |
17.01 | Property | 12 | 1 | 35 Crosby Street | 1.4% | 66.2% | 35 Crosby Street | ||||
17.02 | Property | 1 | 70 Carmine Street | 0.7% | 33.8% | 70 Carmine Street | |||||
18 | Loan | 22 | 1 | 1340 Lafayette | 1.8% | 100.0% | JPMCB | JPMCB | NAP | NAP | 1340 Lafayette Avenue, 747-753 Whittier Street and 743-745 Whittier Street |
19 | Loan | 28 | 1 | Townsgate Office | 1.7% | 100.0% | DBRI | GACC | NAP | NAP | 2829 Townsgate Road |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 1.5% | GSBI | GSMC | NAP | NAP | Various | |
20.01 | Property | 1 | Jiffy and Dollar | 0.4% | 23.5% | 787 & 839 North US Highway 31 | |||||
20.02 | Property | 1 | Main Street Shoppes | 0.3% | 19.6% | 200 South Emerson Avenue | |||||
20.03 | Property | 1 | Greensburg Retail Center | 0.3% | 19.4% | 420 East Freeland Road | |||||
20.04 | Property | 1 | CSL Plasma | 0.3% | 17.8% | 312 West Highway 20 | |||||
20.05 | Property | 1 | FedEx | 0.2% | 15.5% | 6311 Airway Drive | |||||
20.06 | Property | 1 | Greenwood Med Spa | 0.1% | 4.1% | 1664 West Smith Valley Road | |||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 1.5% | 100.0% | DBRI | GACC | NAP | NAP | 5520 and 5540 Ekwill Street |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 1.5% | 100.0% | CREFI | CREFI | NAP | NAP | 860 and 870 Greenbrier Circle |
23 | Loan | 19 | 1 | Apple Glen Crossing | 1.4% | 100.0% | GSBI | GSMC | NAP | NAP | 1720-1770 Apple Glen Boulevard |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 1.4% | 100.0% | JPMCB | JPMCB | NAP | NAP | 47164 Michigan Avenue |
25 | Loan | 19 | 1 | 1500 Volta Drive | 1.1% | 100.0% | CREFI | CREFI | NAP | NAP | 1500 Volta Drive |
26 | Loan | 19 | 1 | Courtyard Appleton | 1.1% | 100.0% | CREFI | CREFI | NAP | NAP | 101 South Riverheath Way |
A-1-1
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address |
27 | Loan | 29 | 1 | Lee’s Hill II | 1.0% | 100.0% | CREFI | CREFI | NAP | NAP | 10304 Spotsylvania Avenue |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 1.0% | CREFI | CREFI | NAP | NAP | Various | |
28.01 | Property | 1 | Hillcrest | 0.2% | 19.0% | 1801 Bayberry Court | |||||
28.02 | Property | 1 | Arrington | 0.2% | 17.9% | 1802 Bayberry Court | |||||
28.03 | Property | 1 | Highland II | 0.1% | 12.4% | 7229 Forest Avenue | |||||
28.04 | Property | 29 | 1 | Meridian | 0.1% | 11.7% | 1800 Bayberry Court | ||||
28.05 | Property | 29 | 1 | Bayberry | 0.1% | 8.2% | 1700 Bayberry Court | ||||
28.06 | Property | 1 | Highland I | 0.1% | 7.6% | 7231 Forest Avenue | |||||
28.07 | Property | 29 | 1 | Capstone | 0.1% | 7.2% | 7100 Forest Avenue | ||||
28.08 | Property | 1 | Forest Plaza I | 0.1% | 5.9% | 7201 Glen Forest Drive | |||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | 0.0% | 4.9% | 7275 Glen Forest Drive | ||||
28.10 | Property | 1 | Utica | 0.0% | 4.0% | 2701 Emerywood Parkway | |||||
28.11 | Property | 1 | Willard | 0.0% | 1.2% | 2601 Willard Road | |||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 1.0% | 100.0% | CREFI | CREFI | NAP | NAP | 2101 South Arlington Heights Road |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 1.0% | 100.0% | DBRI | GACC | NAP | NAP | 1201 Main Street |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 1.0% | CREFI | CREFI | NAP | NAP | Various | |
31.01 | Property | 1 | Walgreens Oneonta | 0.5% | 52.0% | 99 Chestnut Street | |||||
31.02 | Property | 1 | Walgreens New Castle | 0.5% | 48.0% | 100 North Memorial Drive | |||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 0.9% | CREFI | CREFI | NAP | NAP | Various | |
32.01 | Property | 1 | 155 5th Avenue | 0.6% | 59.1% | 155 5th Avenue | |||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | 0.4% | 40.9% | 138 Saint Marks Place | ||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 0.8% | 100.0% | DBRI | GACC | NAP | NAP | 9 West Kinzie Street |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 0.6% | 100.0% | CREFI | CREFI | NAP | NAP | 905 Medical Park Drive |
35 | Loan | 39 | 1 | 3097 E Ana St | 0.6% | 100.0% | CREFI | CREFI | NAP | NAP | 3097 East Ana Street |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 0.5% | 100.0% | CREFI | CREFI | NAP | NAP | 4219 Chestnut Street | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 0.5% | 100.0% | CREFI | CREFI | NAP | NAP | 65 Triangle Boulevard |
A-1-2
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units |
13 | 12 | ||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | New York | New York | New York | 10022 | Office | CBD | 1977 | 2021 | 1,675,659 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | Los Angeles | Los Angeles | California | 90017 | Office | CBD/Data Center | 1967 | 1992 | 661,553 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | Detroit | Wayne | Michigan | Various | Various | Various | Various | Various | 2,694,627 |
3.01 | Property | 1 | First National Building | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1921 | 2010 | 800,119 | |
3.02 | Property | 27 | 1 | The Qube | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1958 | 2011 | 522,702 |
3.03 | Property | 27 | 1 | Chrysler House | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1919 | 2013 | 343,488 |
3.04 | Property | 27 | 1 | 1001 Woodward | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1965 | 2013 | 319,039 |
3.05 | Property | 1 | One Woodward | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1962 | 2013 | 370,257 | |
3.06 | Property | 1 | The Z Garage | Detroit | Wayne | Michigan | 48226 | Other | Parking Garage | 2013 | 2015-2016 | 1,351 | |
3.07 | Property | 1 | Two Detroit Garage | Detroit | Wayne | Michigan | 48226 | Other | Parking Garage | 2002 | 2015-2016 | 1,106 | |
3.08 | Property | 1 | 1505 & 1515 Woodward | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1925 | 2018 | 141,741 | |
3.09 | Property | 1 | 1001 Brush Street | Detroit | Wayne | Michigan | 48226 | Other | Parking Garage | 1993 | 2015-2016 | 1,309 | |
3.10 | Property | 12 | 1 | The Assembly | Detroit | Wayne | Michigan | 48216 | Mixed Use | Multifamily/Office/Retail | 1913 | 2019 | 32 |
3.11 | Property | 1 | 419 Fort Street Garage | Detroit | Wayne | Michigan | 48226 | Other | Parking Garage | 2005 | 2015-2016 | 637 | |
3.12 | Property | 12 | 1 | Vinton | Detroit | Wayne | Michigan | 48226 | Mixed Use | Multifamily/Retail | 1917 | 2018 | 21 |
3.13 | Property | 1 | 1401 First Street | Detroit | Wayne | Michigan | 48226 | Other | Parking Garage | 1976 | 2017 | 633 | |
3.14 | Property | 1 | Lane Bryant Building | Detroit | Wayne | Michigan | 48226 | Office | CBD | 1917 | 2018 | 31,695 | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | Los Angeles | Los Angeles | California | 90038 | Office | CBD | 1928, 2018 | NAP | 122,411 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | Long Beach | Los Angeles | California | 90802 | Office | CBD | 1988 | 2008 | 413,801 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | Various | Various | Ohio | Various | Multifamily | Various | Various | Various | 777 |
6.01 | Property | 1 | Summit Ridge | Akron | Summit | Ohio | 44310 | Multifamily | Mid Rise | 1969 | 2020-2021 | 397 | |
6.02 | Property | 1 | Lexington Village | Cleveland | Cuyahoga | Ohio | 44103 | Multifamily | Garden | 1986, 1990 | 2020-2021 | 277 | |
6.03 | Property | 1 | Gateway at the Greene | Kettering | Montgomery | Ohio | 45440 | Multifamily | Garden | 1965 | 2018-2020 | 103 | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | Various | Various | Various | Various | Various | Various | Various | Various | 307,520 |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | Mount Pleasant | Charleston | South Carolina | 29466 | Retail | Single Tenant | 2011 | NAP | 13,386 | |
7.02 | Property | 1 | Walgreens, Meridian, ID | Meridian | Ada | Idaho | 83642 | Retail | Single Tenant | 2000 | NAP | 15,120 | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | Moncks Corner | Berkeley | South Carolina | 29461 | Office | Medical | 2020 | NAP | 7,490 | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | Ogdensburg | Saint Lawrence | New York | 13669 | Retail | Single Tenant | 2011 | NAP | 19,097 | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | Lake Charles | Calcasieu | Louisiana | 70611 | Retail | Single Tenant | 1995 | 2007 | 21,974 | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | Oconto | Oconto | Wisconsin | 54153 | Retail | Single Tenant | 2000 | 2021 | 34,877 | |
7.07 | Property | 1 | Dollar General, Ghent, WV | Ghent | Raleigh | West Virginia | 25843 | Retail | Single Tenant | 2017 | NAP | 10,640 | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | Kewaunee | Kewaunee | Wisconsin | 54216 | Retail | Single Tenant | 2002 | 2021 | 35,330 | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | Belzoni | Humphreys | Mississippi | 39038 | Office | Medical | 2018 | NAP | 5,112 | |
7.10 | Property | 1 | Dollar General, Lenore, WV | Williamson | Mingo | West Virginia | 25661 | Retail | Single Tenant | 2016 | NAP | 9,100 | |
7.11 | Property | 1 | Family Dollar, Linden, AL | Linden | Marengo | Alabama | 36748 | Retail | Single Tenant | 2021 | NAP | 10,500 | |
7.12 | Property | 1 | Fresenius, Rayville, LA | Rayville | Richland | Louisiana | 71269 | Office | Medical | 2017 | NAP | 5,588 | |
7.13 | Property | 1 | Dollar General, Burlington, WV | Burlington | Mineral | West Virginia | 26710 | Retail | Single Tenant | 2016 | NAP | 9,026 | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | Franklinton | Washington | Louisiana | 70438 | Retail | Single Tenant | 2021 | NAP | 10,500 | |
7.15 | Property | 1 | Dollar General, Hinton, WV | Hinton | Summers | West Virginia | 25951 | Retail | Single Tenant | 2016 | NAP | 9,026 | |
7.16 | Property | 1 | Dollar General, Lerona, WV | Lerona | Mercer | West Virginia | 25971 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.17 | Property | 1 | Dollar General, Rushford, NY | Rushford | Allegany | New York | 14777 | Retail | Single Tenant | 2017 | NAP | 9,002 | |
7.18 | Property | 1 | Dollar General, Walker, WV | Walker | Wood | West Virginia | 26180 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.19 | Property | 1 | Dollar General, Dixie, WV | Dixie | Nicholas | West Virginia | 25059 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | Bay Minette | Baldwin | Alabama | 36507 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | Fruithurst | Cleburne | Alabama | 36262 | Retail | Single Tenant | 2017 | NAP | 9,026 | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | Billingsley | Autauga | Alabama | 36006 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.23 | Property | 1 | Dollar General, Knox City, TX | Knox City | Knox | Texas | 79529 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | South Dayton | Cattaraugus | New York | 14138 | Retail | Single Tenant | 2017 | NAP | 9,100 | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | Gaylesville | Cherokee | Alabama | 35973 | Retail | Single Tenant | 2018 | NAP | 9,026 | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | Redmond | King | Washington | 98052 | Retail | Anchored | 1996, 1998, 1999 | NAP | 109,965 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | Various | Various | Various | Various | Industrial | Various | Various | Various | 2,206,965 |
9.01 | Property | 1 | 800 Northwest 4th Street | Perham | Otter Tail | Minnesota | 56573 | Industrial | Manufacturing/Warehouse | 1970 | 1974-2016 | 515,972 | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | Massillon | Stark | Ohio | 44646 | Industrial | Manufacturing | 2009 | 2020 | 171,390 | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | Burlington | Des Moines | Iowa | 52601 | Industrial | Manufacturing/Warehouse | 1946, 1978 | 1974-2017 | 444,618 | |
9.04 | Property | 1 | 7330 West Sherman Street | Phoenix | Maricopa | Arizona | 85043 | Industrial | Warehouse/Distribution | 2009 | NAP | 207,222 | |
9.05 | Property | 12 | 1 | 821 Route 97 | Waterford | Erie | Pennsylvania | 16441 | Industrial | Manufacturing | 1965-1990, 2022 | 2018 | 221,876 |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | Fort Worth | Tarrant | Texas | 76137 | Industrial | Warehouse/Distribution | 1993 | 2020 | 121,253 | |
9.07 | Property | 1 | 3636 Medallion Avenue | Newport | Jackson | Arkansas | 72112 | Industrial | Manufacturing | 1968 | 2004 | 278,553 | |
9.08 | Property | 1 | 692 Wabash Avenue North | Brewster | Stark | Ohio | 44613 | Industrial | Manufacturing | 1969, 1982, 1986, 1998 | 2017 | 141,878 | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | Bristol | Bristol City | Virginia | 24201 | Industrial | Warehouse/Distribution | 1965 | NAP | 104,203 | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | Shelby Township | Macomb | Michigan | 48315 | Retail | Anchored | 1986 | 2022 | 181,129 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | New York | New York | New York | 10036 | Retail | Unanchored | 2009 | NAP | 7,346 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | Westport | Fairfield | Connecticut | 06880 | Office | Suburban | Various | Various | 94,647 |
12.01 | Property | 29 | 1 | 285 Riverside Ave | Westport | Fairfield | Connecticut | 06880 | Office | Suburban | 1923, 1981 | 2017 | 55,278 |
12.02 | Property | 29 | 1 | 355 Riverside Ave | Westport | Fairfield | Connecticut | 06880 | Office | Suburban | 1970 | 2019 | 39,369 |
13 | Loan | 27 | 1 | Bala Woods | Kingwood | Montgomery | Texas | 77339 | Multifamily | Garden | 2000 | 2014 | 262 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | Placerville | El Dorado | California | 95667 | Retail | Anchored | 1982 | 2020 | 202,830 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | Plainsboro | Middlesex | New Jersey | 08536 | Office | Suburban | 1985, 1989, 1994 | 2013 | 731,104 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | Palm Desert | Riverside | California | 92260 | Hospitality | Full Service | 1987 | 2019 | 884 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | New York | New York | New York | Various | Various | Various | Various | Various | 21 |
17.01 | Property | 12 | 1 | 35 Crosby Street | New York | New York | New York | 10013 | Mixed Use | Multifamily/Retail | 1900 | 2018 | 12 |
17.02 | Property | 1 | 70 Carmine Street | New York | New York | New York | 10014 | Multifamily | Mid Rise | 1910 | 2020 | 9 | |
18 | Loan | 22 | 1 | 1340 Lafayette | Bronx | Bronx | New York | 10474 | Other | Parking | NAP | NAP | 55,000 |
19 | Loan | 28 | 1 | Townsgate Office | Westlake Village | Ventura | California | 91361 | Office | Suburban | 1990 | NAP | 88,334 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | Various | Various | Indiana | Various | Various | Various | Various | NAP | 93,928 |
20.01 | Property | 1 | Jiffy and Dollar | Whiteland | Johnson | Indiana | 46184 | Retail | Unanchored | 2021 | NAP | 16,288 | |
20.02 | Property | 1 | Main Street Shoppes | Greenwood | Johnson | Indiana | 46143 | Retail | Unanchored | 2007 | NAP | 25,821 | |
20.03 | Property | 1 | Greensburg Retail Center | Greensburg | Decatur | Indiana | 47240 | Retail | Shadow Anchored | 2020 | NAP | 8,886 | |
20.04 | Property | 1 | CSL Plasma | Michigan City | La Porte | Indiana | 46360 | Retail | Single Tenant | 2021 | NAP | 11,900 | |
20.05 | Property | 1 | FedEx | Indianapolis | Marion | Indiana | 46241 | Office | Suburban | 1991 | NAP | 25,983 | |
20.06 | Property | 1 | Greenwood Med Spa | Greenwood | Johnson | Indiana | 46142 | Retail | Single Tenant | 1988 | NAP | 5,050 | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | Goleta | Santa Barbara | California | 93111 | Office | Suburban | 1987 | NAP | 84,798 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | Chesapeake | Chesapeake City | Virginia | 23320 | Office | Suburban | 1985 | 2018 | 171,762 |
23 | Loan | 19 | 1 | Apple Glen Crossing | Fort Wayne | Allen | Indiana | 46804 | Retail | Anchored | 2000 | NAP | 150,227 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | Canton | Wayne | Michigan | 48188 | Retail | Anchored | 2007 | NAP | 86,914 |
25 | Loan | 19 | 1 | 1500 Volta Drive | Leander | Williamson | Texas | 78641 | Industrial | Flex | 2015 | 2019 | 56,761 |
26 | Loan | 19 | 1 | Courtyard Appleton | Appleton | Outagamie | Wisconsin | 54915 | Hospitality | Select Service | 2017 | NAP | 97 |
A-1-3
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units |
27 | Loan | 29 | 1 | Lee’s Hill II | Fredericksburg | Spotsylvania | Virginia | 22408 | Office | Suburban | 2000 | NAP | 152,245 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | Richmond | Henrico | Virginia | Various | Office | Suburban | Various | NAP | 559,915 |
28.01 | Property | 1 | Hillcrest | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 2000 | NAP | 97,061 | |
28.02 | Property | 1 | Arrington | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 2000 | NAP | 93,645 | |
28.03 | Property | 1 | Highland II | Richmond | Henrico | Virginia | 23226 | Office | Medical | 1995 | NAP | 67,819 | |
28.04 | Property | 29 | 1 | Meridian | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 2001 | NAP | 58,114 |
28.05 | Property | 29 | 1 | Bayberry | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 1988 | NAP | 46,052 |
28.06 | Property | 1 | Highland I | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 1990 | NAP | 46,768 | |
28.07 | Property | 29 | 1 | Capstone | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 1998 | NAP | 39,478 |
28.08 | Property | 1 | Forest Plaza I | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 1985 | NAP | 36,288 | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | Richmond | Henrico | Virginia | 23226 | Office | Suburban | 1986 | NAP | 32,139 |
28.10 | Property | 1 | Utica | Richmond | Henrico | Virginia | 23294 | Office | Suburban | 1984 | NAP | 29,581 | |
28.11 | Property | 1 | Willard | Richmond | Henrico | Virginia | 23294 | Office | Suburban | 1982 | NAP | 12,970 | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | Arlington Heights | Cook | Illinois | 60005 | Office | Medical | 1984 | 1996 | 62,835 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | Carbondale | Garfield | Colorado | 81623 | Multifamily | Garden | 2021 | NAP | 27 |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | Various | Various | Various | Various | Retail | Single Tenant | 2008 | NAP | 26,775 |
31.01 | Property | 1 | Walgreens Oneonta | Oneonta | Otsego | New York | 13820 | Retail | Single Tenant | 2008 | NAP | 12,159 | |
31.02 | Property | 1 | Walgreens New Castle | New Castle | Henry | Indiana | 47362 | Retail | Single Tenant | 2008 | NAP | 14,616 | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | Brooklyn | Kings | New York | 11217 | Mixed Use | Multifamily/Retail | 1920 | 2021 | 15,200 |
32.01 | Property | 1 | 155 5th Avenue | Brooklyn | Kings | New York | 11217 | Mixed Use | Multifamily/Retail | 1920 | 2021 | 7,300 | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | Brooklyn | Kings | New York | 11217 | Mixed Use | Multifamily/Retail | 1920 | 2021 | 7,900 |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | Chicago | Cook | Illinois | 60654 | Retail | Single Tenant | 1929 | 2015 | 9,254 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | Effingham | Effingham | Illinois | 62401 | Office | Medical | 1998 | 2015 | 17,858 |
35 | Loan | 39 | 1 | 3097 E Ana St | East Rancho Dominguez | Los Angeles | California | 90221 | Industrial | Manufacturing | 1969 | NAP | 59,302 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | Philadelphia | Philadelphia | Pennsylvania | 19104 | Office | Medical | 2009 | 2013 | 8,762 | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | Carlstadt | Bergen | New Jersey | 07072 | Industrial | Warehouse | 1968 | NAP | 36,468 |
A-1-4
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) |
12, 22 | 11 | 11 | 14 | 1, 15 | 2, 16 | 16 | 2, 16 | ||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | SF | 431.65 | 85,000,000 | 85,000,000 | 85,000,000 | 2.79196% | 0.01742% | 2.77454% | NAP | 200,510.55 | NAP |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | SF | 588.39 | 85,000,000 | 85,000,000 | 85,000,000 | 2.77600% | 0.02367% | 2.75233% | NAP | 199,364.35 | NAP |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | SF | 159.58 | 85,000,000 | 85,000,000 | 85,000,000 | 3.77800% | 0.06242% | 3.71558% | NAP | 271,325.12 | NAP |
3.01 | Property | 1 | First National Building | SF | 19,597,600 | 19,597,600 | 19,597,600 | ||||||||
3.02 | Property | 27 | 1 | The Qube | SF | 12,461,000 | 12,461,000 | 12,461,000 | |||||||
3.03 | Property | 27 | 1 | Chrysler House | SF | 9,741,000 | 9,741,000 | 9,741,000 | |||||||
3.04 | Property | 27 | 1 | 1001 Woodward | SF | 9,678,100 | 9,678,100 | 9,678,100 | |||||||
3.05 | Property | 1 | One Woodward | SF | 7,015,900 | 7,015,900 | 7,015,900 | ||||||||
3.06 | Property | 1 | The Z Garage | Units | 5,734,100 | 5,734,100 | 5,734,100 | ||||||||
3.07 | Property | 1 | Two Detroit Garage | Units | 4,340,100 | 4,340,100 | 4,340,100 | ||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | SF | 4,107,200 | 4,107,200 | 4,107,200 | ||||||||
3.09 | Property | 1 | 1001 Brush Street | Units | 3,466,300 | 3,466,300 | 3,466,300 | ||||||||
3.10 | Property | 12 | 1 | The Assembly | Units | 2,711,500 | 2,711,500 | 2,711,500 | |||||||
3.11 | Property | 1 | 419 Fort Street Garage | Units | 2,465,000 | 2,465,000 | 2,465,000 | ||||||||
3.12 | Property | 12 | 1 | Vinton | Units | 1,487,500 | 1,487,500 | 1,487,500 | |||||||
3.13 | Property | 1 | 1401 First Street | Units | 1,467,100 | 1,467,100 | 1,467,100 | ||||||||
3.14 | Property | 1 | Lane Bryant Building | SF | 727,600 | 727,600 | 727,600 | ||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | SF | 555.51 | 68,000,000 | 68,000,000 | 68,000,000 | 4.44000% | 0.01367% | 4.42633% | NAP | 255,094.44 | NAP |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | SF | 134.30 | 55,575,000 | 55,575,000 | 55,575,000 | 3.75000% | 0.01367% | 3.73633% | NAP | 176,083.98 | NAP |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | Units | 51,480.05 | 40,000,000 | 40,000,000 | 33,593,491 | 4.81200% | 0.01367% | 4.79833% | 210,156.38 | 162,627.78 | 2,521,876.56 |
6.01 | Property | 1 | Summit Ridge | Units | 19,335,793 | 19,335,793 | 16,238,920 | ||||||||
6.02 | Property | 1 | Lexington Village | Units | 12,324,723 | 12,324,723 | 10,350,762 | ||||||||
6.03 | Property | 1 | Gateway at the Greene | Units | 8,339,484 | 8,339,484 | 7,003,810 | ||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | SF | 113.81 | 35,000,000 | 35,000,000 | 28,756,685 | 4.10000% | 0.01367% | 4.08633% | 169,119.43 | 121,244.21 | 2,029,433.16 |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | SF | 5,100,000 | 5,100,000 | 4,190,260 | ||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | SF | 2,965,000 | 2,965,000 | 2,436,102 | ||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | SF | 2,525,000 | 2,525,000 | 2,074,589 | ||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | SF | 1,945,000 | 1,945,000 | 1,598,050 | ||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | SF | 1,625,000 | 1,625,000 | 1,335,132 | ||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | SF | 1,360,000 | 1,360,000 | 1,117,403 | ||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | SF | 1,360,000 | 1,360,000 | 1,117,403 | ||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | SF | 1,335,000 | 1,335,000 | 1,096,862 | ||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | SF | 1,165,000 | 1,165,000 | 957,187 | ||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | SF | 1,120,000 | 1,120,000 | 920,214 | ||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | SF | 1,120,000 | 1,120,000 | 920,214 | ||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | SF | 1,070,000 | 1,070,000 | 879,133 | ||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | SF | 1,070,000 | 1,070,000 | 879,133 | ||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | SF | 1,070,000 | 1,070,000 | 879,133 | ||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | SF | 1,025,000 | 1,025,000 | 842,160 | ||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | SF | 1,020,000 | 1,020,000 | 838,052 | ||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | SF | 1,000,000 | 1,000,000 | 821,620 | ||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | SF | 975,000 | 975,000 | 801,079 | ||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | SF | 975,000 | 975,000 | 801,079 | ||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | SF | 925,000 | 925,000 | 759,998 | ||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | SF | 925,000 | 925,000 | 759,998 | ||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | SF | 850,000 | 850,000 | 698,377 | ||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | SF | 825,000 | 825,000 | 677,836 | ||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | SF | 825,000 | 825,000 | 677,836 | ||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | SF | 825,000 | 825,000 | 677,836 | ||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | SF | 313.74 | 34,500,000 | 34,500,000 | 34,500,000 | 4.08900% | 0.01367% | 4.07533% | NAP | 119,191.51 | NAP |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | SF | 62.35 | 30,000,000 | 30,000,000 | 30,000,000 | 3.90000% | 0.01367% | 3.88633% | NAP | 98,854.17 | NAP |
9.01 | Property | 1 | 800 Northwest 4th Street | SF | 5,132,299 | 5,132,299 | 5,132,299 | ||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | SF | 4,899,635 | 4,899,635 | 4,899,635 | ||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | SF | 4,420,621 | 4,420,621 | 4,420,621 | ||||||||
9.04 | Property | 1 | 7330 West Sherman Street | SF | 3,886,861 | 3,886,861 | 3,886,861 | ||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | SF | 3,312,044 | 3,312,044 | 3,312,044 | |||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | SF | 3,010,949 | 3,010,949 | 3,010,949 | ||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | SF | 2,983,577 | 2,983,577 | 2,983,577 | ||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | SF | 1,231,752 | 1,231,752 | 1,231,752 | ||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | SF | 1,122,263 | 1,122,263 | 1,122,263 | ||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | SF | 158.52 | 28,750,000 | 28,712,745 | 22,940,382 | 4.12000% | 0.04367% | 4.07633% | 139,253.29 | NAP | 1,671,039.48 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | SF | 5,445.14 | 28,000,000 | 28,000,000 | 28,000,000 | 3.38800% | 0.01367% | 3.37433% | NAP | 80,151.30 | NAP |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | SF | 295.84 | 28,000,000 | 28,000,000 | 28,000,000 | 3.97000% | 0.01367% | 3.95633% | NAP | 93,919.91 | NAP |
12.01 | Property | 29 | 1 | 285 Riverside Ave | SF | 16,800,000 | 16,800,000 | 16,800,000 | |||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | SF | 11,200,000 | 11,200,000 | 11,200,000 | |||||||
13 | Loan | 27 | 1 | Bala Woods | Units | 104,961.83 | 27,500,000 | 27,500,000 | 27,500,000 | 3.86000% | 0.01367% | 3.84633% | NAP | 89,686.92 | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | SF | 115.53 | 23,500,000 | 23,432,443 | 18,837,548 | 4.26000% | 0.01367% | 4.24633% | 115,743.49 | NAP | 1,388,921.88 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | SF | 288.15 | 22,167,000 | 22,167,000 | 22,167,000 | 2.83800% | 0.01367% | 2.82433% | NAP | 53,153.08 | NAP |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | Rooms | 144,796.38 | 20,000,000 | 20,000,000 | 20,000,000 | 4.99500% | 0.01367% | 4.98133% | NAP | 84,406.25 | NAP |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | Units | 916,666.67 | 19,250,000 | 19,250,000 | 19,250,000 | 3.92000% | 0.01367% | 3.90633% | NAP | 63,756.71 | NAP |
17.01 | Property | 12 | 1 | 35 Crosby Street | Units | 12,750,000 | 12,750,000 | 12,750,000 | |||||||
17.02 | Property | 1 | 70 Carmine Street | Units | 6,500,000 | 6,500,000 | 6,500,000 | ||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | SF | 300.00 | 16,500,000 | 16,500,000 | 16,500,000 | 4.89200% | 0.01367% | 4.87833% | NAP | 68,199.24 | NAP |
19 | Loan | 28 | 1 | Townsgate Office | SF | 173.21 | 15,300,000 | 15,300,000 | 15,300,000 | 3.82700% | 0.01367% | 3.81333% | NAP | 49,471.95 | NAP |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | SF | 148.90 | 14,000,000 | 13,985,759 | 11,581,603 | 5.18400% | 0.01367% | 5.17033% | 76,737.21 | NAP | 920,846.52 |
20.01 | Property | 1 | Jiffy and Dollar | SF | 3,292,568 | 3,289,219 | 2,723,801 | ||||||||
20.02 | Property | 1 | Main Street Shoppes | SF | 2,746,002 | 2,743,209 | 2,271,650 | ||||||||
20.03 | Property | 1 | Greensburg Retail Center | SF | 2,719,661 | 2,716,894 | 2,249,860 | ||||||||
20.04 | Property | 1 | CSL Plasma | SF | 2,489,182 | 2,486,650 | 2,059,194 | ||||||||
20.05 | Property | 1 | FedEx | SF | 2,173,095 | 2,170,884 | 1,797,709 | ||||||||
20.06 | Property | 1 | Greenwood Med Spa | SF | 579,492 | 578,903 | 479,389 | ||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | SF | 159.20 | 13,500,000 | 13,500,000 | 13,500,000 | 3.55200% | 0.01367% | 3.53833% | NAP | 40,515.00 | NAP |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | SF | 78.60 | 13,500,000 | 13,500,000 | 12,723,422 | 4.50000% | 0.01367% | 4.48633% | 68,402.52 | 51,328.13 | 820,830.24 |
23 | Loan | 19 | 1 | Apple Glen Crossing | SF | 86.54 | 13,000,000 | 13,000,000 | 11,606,240 | 4.33600% | 0.05367% | 4.28233% | 64,608.39 | 47,625.74 | 775,300.68 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | SF | 143.82 | 12,500,000 | 12,500,000 | 10,865,501 | 4.20000% | 0.06242% | 4.13758% | 61,127.15 | 44,357.64 | 733,525.80 |
25 | Loan | 19 | 1 | 1500 Volta Drive | SF | 184.99 | 10,500,000 | 10,500,000 | 10,500,000 | 4.85000% | 0.01367% | 4.83633% | NAP | 43,026.91 | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | Rooms | 106,569.54 | 10,350,000 | 10,337,246 | 8,325,993 | 4.35000% | 0.01367% | 4.33633% | 51,523.52 | NAP | 618,282.24 |
A-1-5
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) |
27 | Loan | 29 | 1 | Lee’s Hill II | SF | 61.09 | 9,300,000 | 9,300,000 | 9,300,000 | 4.13000% | 0.01367% | 4.11633% | NAP | 32,452.05 | NAP |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | SF | 105.37 | 9,000,000 | 9,000,000 | 9,000,000 | 3.48000% | 0.02492% | 3.45508% | NAP | 26,462.50 | NAP |
28.01 | Property | 1 | Hillcrest | SF | 1,710,701 | 1,710,701 | 1,710,701 | ||||||||
28.02 | Property | 1 | Arrington | SF | 1,608,059 | 1,608,059 | 1,608,059 | ||||||||
28.03 | Property | 1 | Highland II | SF | 1,118,799 | 1,118,799 | 1,118,799 | ||||||||
28.04 | Property | 29 | 1 | Meridian | SF | 1,052,081 | 1,052,081 | 1,052,081 | |||||||
28.05 | Property | 29 | 1 | Bayberry | SF | 735,602 | 735,602 | 735,602 | |||||||
28.06 | Property | 1 | Highland I | SF | 683,425 | 683,425 | 683,425 | ||||||||
28.07 | Property | 29 | 1 | Capstone | SF | 646,645 | 646,645 | 646,645 | |||||||
28.08 | Property | 1 | Forest Plaza I | SF | 530,317 | 530,317 | 530,317 | ||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | SF | 444,782 | 444,782 | 444,782 | |||||||
28.10 | Property | 1 | Utica | SF | 357,537 | 357,537 | 357,537 | ||||||||
28.11 | Property | 1 | Willard | SF | 112,051 | 112,051 | 112,051 | ||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | SF | 143.05 | 9,000,000 | 8,988,538 | 7,201,837 | 4.20000% | 0.01367% | 4.18633% | 44,011.55 | NAP | 528,138.60 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | Units | 332,222.22 | 8,970,000 | 8,970,000 | 8,970,000 | 4.34800% | 0.01367% | 4.33433% | NAP | 32,952.71 | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | SF | 324.93 | 8,700,000 | 8,700,000 | 8,700,000 | 4.01000% | 0.01367% | 3.99633% | NAP | 29,476.28 | NAP |
31.01 | Property | 1 | Walgreens Oneonta | SF | 4,525,000 | 4,525,000 | 4,525,000 | ||||||||
31.02 | Property | 1 | Walgreens New Castle | SF | 4,175,000 | 4,175,000 | 4,175,000 | ||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | SF | 562.50 | 8,550,000 | 8,550,000 | 8,550,000 | 4.36000% | 0.01367% | 4.34633% | NAP | 31,496.46 | NAP |
32.01 | Property | 1 | 155 5th Avenue | SF | 5,050,000 | 5,050,000 | 5,050,000 | ||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | SF | 3,500,000 | 3,500,000 | 3,500,000 | |||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | SF | 778.04 | 7,200,000 | 7,200,000 | 6,236,360 | 4.05000% | 0.01367% | 4.03633% | 34,581.77 | 24,637.50 | 414,981.24 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | SF | 309.11 | 5,520,000 | 5,520,000 | 5,520,000 | 4.41000% | 0.01367% | 4.39633% | NAP | 20,567.75 | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | SF | 90.10 | 5,350,000 | 5,343,202 | 4,282,612 | 4.21000% | 0.01367% | 4.19633% | 26,193.65 | NAP | 314,323.80 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | SF | 542.11 | 4,750,000 | 4,750,000 | 4,750,000 | 4.68000% | 0.01367% | 4.66633% | NAP | 18,782.29 | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | SF | 116.54 | 4,250,000 | 4,250,000 | 3,862,241 | 4.07000% | 0.01367% | 4.05633% | 20,462.04 | 14,614.79 | 245,544.48 |
A-1-6
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) |
16 | |||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 2,406,126.60 | Interest Only | No | Actual/360 | 120 | 117 | 120 | 117 | 0 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 2,392,372.20 | Interest Only - ARD | Yes | Actual/360 | 120 | 117 | 120 | 117 | 0 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 3,255,901.44 | Interest Only | No | Actual/360 | 84 | 81 | 84 | 81 | 0 |
3.01 | Property | 1 | First National Building | ||||||||||
3.02 | Property | 27 | 1 | The Qube | |||||||||
3.03 | Property | 27 | 1 | Chrysler House | |||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | |||||||||
3.05 | Property | 1 | One Woodward | ||||||||||
3.06 | Property | 1 | The Z Garage | ||||||||||
3.07 | Property | 1 | Two Detroit Garage | ||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||||||||||
3.09 | Property | 1 | 1001 Brush Street | ||||||||||
3.10 | Property | 12 | 1 | The Assembly | |||||||||
3.11 | Property | 1 | 419 Fort Street Garage | ||||||||||
3.12 | Property | 12 | 1 | Vinton | |||||||||
3.13 | Property | 1 | 1401 First Street | ||||||||||
3.14 | Property | 1 | Lane Bryant Building | ||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 3,061,133.28 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 2,113,007.76 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 1,951,533.36 | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 11 | 120 | 119 | 360 |
6.01 | Property | 1 | Summit Ridge | ||||||||||
6.02 | Property | 1 | Lexington Village | ||||||||||
6.03 | Property | 1 | Gateway at the Greene | ||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 1,454,930.52 | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 12 | 120 | 120 | 360 |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | ||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 1,430,298.12 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 1,186,250.04 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
9.01 | Property | 1 | 800 Northwest 4th Street | ||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | ||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | |||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | ||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | ||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 961,815.60 | Interest Only | No | Actual/360 | 120 | 116 | 120 | 116 | 0 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 1,127,038.92 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | |||||||||
13 | Loan | 27 | 1 | Bala Woods | 1,076,243.04 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 637,836.96 | Interest Only - ARD | Yes | Actual/360 | 60 | 55 | 60 | 55 | 0 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 1,012,875.00 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 765,080.52 | Interest Only | No | Actual/360 | 84 | 82 | 84 | 82 | 0 |
17.01 | Property | 12 | 1 | 35 Crosby Street | |||||||||
17.02 | Property | 1 | 70 Carmine Street | ||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | 818,390.88 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
19 | Loan | 28 | 1 | Townsgate Office | 593,663.40 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 |
20.01 | Property | 1 | Jiffy and Dollar | ||||||||||
20.02 | Property | 1 | Main Street Shoppes | ||||||||||
20.03 | Property | 1 | Greensburg Retail Center | ||||||||||
20.04 | Property | 1 | CSL Plasma | ||||||||||
20.05 | Property | 1 | FedEx | ||||||||||
20.06 | Property | 1 | Greenwood Med Spa | ||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 486,180.00 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 615,937.56 | Interest Only, Amortizing Balloon | No | Actual/360 | 18 | 17 | 60 | 59 | 360 |
23 | Loan | 19 | 1 | Apple Glen Crossing | 571,508.88 | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 10 | 84 | 82 | 360 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 532,291.68 | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 36 | 120 | 120 | 360 |
25 | Loan | 19 | 1 | 1500 Volta Drive | 516,322.92 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 |
A-1-7
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) |
27 | Loan | 29 | 1 | Lee’s Hill II | 389,424.60 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 317,550.00 | Interest Only | No | Actual/360 | 60 | 56 | 60 | 56 | 0 |
28.01 | Property | 1 | Hillcrest | ||||||||||
28.02 | Property | 1 | Arrington | ||||||||||
28.03 | Property | 1 | Highland II | ||||||||||
28.04 | Property | 29 | 1 | Meridian | |||||||||
28.05 | Property | 29 | 1 | Bayberry | |||||||||
28.06 | Property | 1 | Highland I | ||||||||||
28.07 | Property | 29 | 1 | Capstone | |||||||||
28.08 | Property | 1 | Forest Plaza I | ||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |||||||||
28.10 | Property | 1 | Utica | ||||||||||
28.11 | Property | 1 | Willard | ||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 395,432.52 | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 353,715.36 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
31.01 | Property | 1 | Walgreens Oneonta | ||||||||||
31.02 | Property | 1 | Walgreens New Castle | ||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 377,957.52 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
32.01 | Property | 1 | 155 5th Avenue | ||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 295,650.00 | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 11 | 120 | 95 | 360 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 246,813.00 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 225,387.48 | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 175,377.48 | Interest Only, Amortizing Balloon | No | Actual/360 | 60 | 59 | 120 | 119 | 360 |
A-1-8
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision |
20 | 20 | 3, 23, 24, 25 | |||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 0 | 12/10/2021 | 3 | 9 | 2/9/2022 | NAP | 1/9/2032 | NAP | 0 | 0 | L(27),D(86),O(7) |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 0 | 12/22/2021 | 3 | 6 | 2/6/2022 | NAP | 1/6/2032 | 1/6/2035 | 0 | 0 | L(27),D(86),O(7) |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 0 | 12/28/2021 | 3 | 1 | 2/1/2022 | NAP | 1/1/2029 | NAP | 0 | 0 | L(25),YM1(55),O(4) |
3.01 | Property | 1 | First National Building | ||||||||||||
3.02 | Property | 27 | 1 | The Qube | |||||||||||
3.03 | Property | 27 | 1 | Chrysler House | |||||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | |||||||||||
3.05 | Property | 1 | One Woodward | ||||||||||||
3.06 | Property | 1 | The Z Garage | ||||||||||||
3.07 | Property | 1 | Two Detroit Garage | ||||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||||||||||||
3.09 | Property | 1 | 1001 Brush Street | ||||||||||||
3.10 | Property | 12 | 1 | The Assembly | |||||||||||
3.11 | Property | 1 | 419 Fort Street Garage | ||||||||||||
3.12 | Property | 12 | 1 | Vinton | |||||||||||
3.13 | Property | 1 | 1401 First Street | ||||||||||||
3.14 | Property | 1 | Lane Bryant Building | ||||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 0 | 3/11/2022 | 0 | 6 | 5/6/2022 | NAP | 4/6/2032 | NAP | 0 | 0 | L(24),D(89),O(7) |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 0 | 1/27/2022 | 2 | 6 | 3/6/2022 | NAP | 2/6/2027 | NAP | 0 | 0 | L(26),D(30),O(4) |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 360 | 2/16/2022 | 1 | 6 | 4/6/2022 | 4/6/2023 | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
6.01 | Property | 1 | Summit Ridge | ||||||||||||
6.02 | Property | 1 | Lexington Village | ||||||||||||
6.03 | Property | 1 | Gateway at the Greene | ||||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 360 | 3/9/2022 | 0 | 6 | 5/6/2022 | 5/6/2023 | 4/6/2032 | NAP | 0 | 0 | L(24),YM1(92),O(4) |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | ||||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 0 | 2/23/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(90),O(5) |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 0 | 2/16/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(11),YM1(105),O(4) |
9.01 | Property | 1 | 800 Northwest 4th Street | ||||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | ||||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | |||||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | ||||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | ||||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 359 | 2/24/2022 | 1 | 6 | 4/6/2022 | 4/6/2022 | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 0 | 12/2/2021 | 4 | 1 | 1/1/2022 | NAP | 12/6/2031 | NAP | 0 | 5 | L(28),YM(87),O(5) |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 0 | 2/10/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(89),O(6) |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |||||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | |||||||||||
13 | Loan | 27 | 1 | Bala Woods | 0 | 2/24/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(90),O(5) |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 358 | 1/12/2022 | 2 | 6 | 3/6/2022 | 3/6/2022 | 2/6/2032 | NAP | 0 | 0 | L(26),D(90),O(4) |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 0 | 11/5/2021 | 5 | 6 | 12/6/2021 | NAP | 11/6/2026 | 4/6/2031 | 0 | 0 | L(29),D(26),O(5) |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 0 | 12/22/2021 | 3 | 6 | 2/6/2022 | NAP | 1/6/2027 | NAP | 0 | 0 | L(27),D(28),O(5) |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 0 | 1/19/2022 | 2 | 6 | 3/6/2022 | NAP | 2/6/2029 | NAP | 0 | 0 | L(26),D(53),O(5) |
17.01 | Property | 12 | 1 | 35 Crosby Street | |||||||||||
17.02 | Property | 1 | 70 Carmine Street | ||||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | 0 | 2/17/2022 | 1 | 1 | 4/1/2022 | NAP | 3/1/2032 | NAP | 0 | 0 | L(25),YM1(89),O(6) |
19 | Loan | 28 | 1 | Townsgate Office | 0 | 3/8/2022 | 0 | 6 | 5/6/2022 | NAP | 4/6/2032 | NAP | 0 | 0 | L(24),D(92),O(4) |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 359 | 3/4/2022 | 1 | 6 | 4/6/2022 | 4/6/2022 | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
20.01 | Property | 1 | Jiffy and Dollar | ||||||||||||
20.02 | Property | 1 | Main Street Shoppes | ||||||||||||
20.03 | Property | 1 | Greensburg Retail Center | ||||||||||||
20.04 | Property | 1 | CSL Plasma | ||||||||||||
20.05 | Property | 1 | FedEx | ||||||||||||
20.06 | Property | 1 | Greenwood Med Spa | ||||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 0 | 3/4/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(90),O(5) |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 360 | 2/10/2022 | 1 | 6 | 4/6/2022 | 10/6/2023 | 3/6/2027 | NAP | 0 | 0 | L(25),YM1(29),O(6) |
23 | Loan | 19 | 1 | Apple Glen Crossing | 360 | 2/2/2022 | 2 | 6 | 3/6/2022 | 3/6/2023 | 2/6/2029 | NAP | 0 | 0 | L(26),YM1(54),O(4) |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 360 | 3/4/2022 | 0 | 1 | 5/1/2022 | 5/1/2025 | 4/1/2032 | NAP | 0 | 5 | L(25),YM1(91),O(4) |
25 | Loan | 19 | 1 | 1500 Volta Drive | 0 | 3/1/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
26 | Loan | 19 | 1 | Courtyard Appleton | 359 | 2/23/2022 | 1 | 6 | 4/6/2022 | 4/6/2022 | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
A-1-9
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision |
27 | Loan | 29 | 1 | Lee’s Hill II | 0 | 3/9/2022 | 0 | 6 | 5/6/2022 | NAP | 4/6/2032 | NAP | 0 | 0 | L(24),D(93),O(3) |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 0 | 12/1/2021 | 4 | 6 | 1/6/2022 | NAP | 12/6/2026 | NAP | 0 | 0 | L(28),D(27),O(5) |
28.01 | Property | 1 | Hillcrest | ||||||||||||
28.02 | Property | 1 | Arrington | ||||||||||||
28.03 | Property | 1 | Highland II | ||||||||||||
28.04 | Property | 29 | 1 | Meridian | |||||||||||
28.05 | Property | 29 | 1 | Bayberry | |||||||||||
28.06 | Property | 1 | Highland I | ||||||||||||
28.07 | Property | 29 | 1 | Capstone | |||||||||||
28.08 | Property | 1 | Forest Plaza I | ||||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |||||||||||
28.10 | Property | 1 | Utica | ||||||||||||
28.11 | Property | 1 | Willard | ||||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 359 | 2/17/2022 | 1 | 6 | 4/6/2022 | 4/6/2022 | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 0 | 3/8/2022 | 0 | 6 | 5/6/2022 | NAP | 4/6/2032 | NAP | 0 | 0 | L(24),D(92),O(4) |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 0 | 3/4/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(92),O(3) |
31.01 | Property | 1 | Walgreens Oneonta | ||||||||||||
31.02 | Property | 1 | Walgreens New Castle | ||||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 0 | 3/1/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
32.01 | Property | 1 | 155 5th Avenue | ||||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |||||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 360 | 2/7/2020 | 25 | 6 | 4/6/2020 | 4/6/2023 | 3/6/2030 | NAP | 5 | 0 | L(41),D(74),O(5) |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 0 | 2/28/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
35 | Loan | 39 | 1 | 3097 E Ana St | 359 | 3/4/2022 | 1 | 6 | 4/6/2022 | 4/6/2022 | 3/6/2032 | NAP | 0 | 0 | L(25),D(91),O(4) |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 0 | 3/3/2022 | 1 | 6 | 4/6/2022 | NAP | 3/6/2032 | NAP | 0 | 0 | L(25),D(88),O(7) | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 360 | 3/4/2022 | 1 | 6 | 4/6/2022 | 4/6/2027 | 3/6/2032 | NAP | 0 | 0 | L(25),D(92),O(3) |
A-1-10
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description |
19 | ||||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 155,075,181 | 65,527,372 | 89,547,809 | 9/30/2021 | T-12 | 155,490,755 | 66,551,536 | 88,939,219 | 12/31/2020 | T-12 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 52,164,978 | 16,537,821 | 35,627,157 | 9/30/2021 | T-12 | 50,864,916 | 16,294,726 | 34,570,190 | 12/31/2020 | T-12 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 94,411,832 | 38,816,129 | 55,595,704 | 9/30/2021 | T-12 | 93,320,219 | 39,225,160 | 54,095,059 | 12/31/2020 | T-12 |
3.01 | Property | 1 | First National Building | 22,551,474 | 7,938,854 | 14,612,620 | 9/30/2021 | T-12 | 22,547,728 | 8,456,198 | 14,091,530 | 12/31/2020 | T-12 | |
3.02 | Property | 27 | 1 | The Qube | 14,707,641 | 5,790,499 | 8,917,143 | 9/30/2021 | T-12 | 13,634,388 | 5,413,327 | 8,221,061 | 12/31/2020 | T-12 |
3.03 | Property | 27 | 1 | Chrysler House | 12,759,457 | 4,680,984 | 8,078,473 | 9/30/2021 | T-12 | 12,740,351 | 4,791,380 | 7,948,971 | 12/31/2020 | T-12 |
3.04 | Property | 27 | 1 | 1001 Woodward | 10,555,797 | 4,308,564 | 6,247,232 | 9/30/2021 | T-12 | 10,057,399 | 4,514,822 | 5,542,577 | 12/31/2020 | T-12 |
3.05 | Property | 1 | One Woodward | 9,580,713 | 5,058,111 | 4,522,603 | 9/30/2021 | T-12 | 10,265,419 | 5,233,052 | 5,032,367 | 12/31/2020 | T-12 | |
3.06 | Property | 1 | The Z Garage | 4,801,718 | 2,228,996 | 2,572,721 | 9/30/2021 | T-12 | 5,379,578 | 2,245,209 | 3,134,369 | 12/31/2020 | T-12 | |
3.07 | Property | 1 | Two Detroit Garage | 4,309,151 | 1,354,872 | 2,954,279 | 9/30/2021 | T-12 | 3,516,691 | 1,357,089 | 2,159,602 | 12/31/2020 | T-12 | |
3.08 | Property | 1 | 1505 & 1515 Woodward | 3,786,664 | 1,707,296 | 2,079,368 | 9/30/2021 | T-12 | 2,929,868 | 1,191,945 | 1,737,923 | 12/31/2020 | T-12 | |
3.09 | Property | 1 | 1001 Brush Street | 3,432,603 | 1,548,603 | 1,883,999 | 9/30/2021 | T-12 | 3,999,913 | 1,642,267 | 2,357,645 | 12/31/2020 | T-12 | |
3.10 | Property | 12 | 1 | The Assembly | 2,452,754 | 1,516,450 | 936,305 | 9/30/2021 | T-12 | 2,330,200 | 1,478,237 | 851,963 | 12/31/2020 | T-12 |
3.11 | Property | 1 | 419 Fort Street Garage | 2,416,343 | 903,473 | 1,512,869 | 9/30/2021 | T-12 | 2,507,484 | 879,102 | 1,628,382 | 12/31/2020 | T-12 | |
3.12 | Property | 12 | 1 | Vinton | 1,153,612 | 860,060 | 293,552 | 9/30/2021 | T-12 | 1,313,531 | 965,501 | 348,031 | 12/31/2020 | T-12 |
3.13 | Property | 1 | 1401 First Street | 1,159,626 | 598,814 | 560,813 | 9/30/2021 | T-12 | 1,393,326 | 680,309 | 713,017 | 12/31/2020 | T-12 | |
3.14 | Property | 1 | Lane Bryant Building | 744,281 | 320,553 | 423,728 | 9/30/2021 | T-12 | 704,344 | 376,723 | 327,620 | 12/31/2020 | T-12 | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 6,486,326 | 1,821,713 | 4,664,614 | 9/30/2021 | T-12 | 5,702,869 | 2,726,942 | 2,975,928 | 12/31/2020 | T-12 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 15,044,475 | 8,232,082 | 6,812,393 | 12/31/2021 | T-12 | 14,165,190 | 7,938,711 | 6,226,478 | 12/31/2020 | T-12 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 6,770,316 | 4,772,824 | 1,997,491 | 12/31/2021 | T-12 | 5,833,207 | 4,011,423 | 1,821,784 | 12/31/2020 | T-12 |
6.01 | Property | 1 | Summit Ridge | 3,238,450 | 2,257,795 | 980,655 | 12/31/2021 | T-12 | 2,771,689 | 1,947,536 | 824,153 | 12/31/2020 | T-12 | |
6.02 | Property | 1 | Lexington Village | 2,468,797 | 1,831,617 | 637,179 | 12/31/2021 | T-12 | 2,374,383 | 1,523,920 | 850,463 | 12/31/2020 | T-12 | |
6.03 | Property | 1 | Gateway at the Greene | 1,063,069 | 683,412 | 379,657 | 12/31/2021 | T-12 | 687,135 | 539,967 | 147,168 | 12/31/2020 | T-12 | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.02 | Property | 1 | Walgreens, Meridian, ID | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.07 | Property | 1 | Dollar General, Ghent, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.10 | Property | 1 | Dollar General, Lenore, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.11 | Property | 1 | Family Dollar, Linden, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.12 | Property | 1 | Fresenius, Rayville, LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.13 | Property | 1 | Dollar General, Burlington, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.15 | Property | 1 | Dollar General, Hinton, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.16 | Property | 1 | Dollar General, Lerona, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.17 | Property | 1 | Dollar General, Rushford, NY | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.18 | Property | 1 | Dollar General, Walker, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.19 | Property | 1 | Dollar General, Dixie, WV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.23 | Property | 1 | Dollar General, Knox City, TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.01 | Property | 1 | 800 Northwest 4th Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.04 | Property | 1 | 7330 West Sherman Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.05 | Property | 12 | 1 | 821 Route 97 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.07 | Property | 1 | 3636 Medallion Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.08 | Property | 1 | 692 Wabash Avenue North | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 2,714,247 | 548,805 | 2,165,442 | 10/31/2021 | T-12 | 2,641,380 | 570,785 | 2,070,595 | 12/31/2020 | T-12 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 3,367,722 | 1,052,021 | 2,315,701 | 9/30/2021 | T-12 | 2,778,282 | 956,322 | 1,821,960 | 12/31/2020 | T-12 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 3,778,409 | 1,309,285 | 2,469,124 | 10/31/2021 | T-12 | 3,306,910 | 1,300,134 | 2,006,776 | 12/31/2020 | T-12 |
12.01 | Property | 29 | 1 | 285 Riverside Ave | 2,297,665 | 717,295 | 1,580,371 | 10/31/2021 | T-12 | 2,487,567 | 693,869 | 1,793,697 | 12/31/2020 | T-12 |
12.02 | Property | 29 | 1 | 355 Riverside Ave | 1,480,743 | 591,990 | 888,753 | 10/31/2021 | T-12 | 819,344 | 606,265 | 213,079 | 12/31/2020 | T-12 |
13 | Loan | 27 | 1 | Bala Woods | 4,300,793 | 1,706,417 | 2,594,376 | 12/31/2021 | T-12 | 4,109,345 | 1,614,179 | 2,495,166 | 12/31/2020 | T-12 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 2,523,125 | 727,724 | 1,795,402 | 9/30/2021 | T-12 | 2,474,175 | 645,078 | 1,829,096 | 12/31/2020 | T-12 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 32,583,672 | 13,724,187 | 18,859,485 | 9/30/2021 | T-12 | 31,298,297 | 13,037,472 | 18,260,825 | 12/31/2020 | T-12 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 74,860,661 | 62,239,745 | 12,620,916 | 12/31/2021 | T-12 | 41,784,470 | 41,839,160 | (54,690) | 12/31/2020 | T-12 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 1,687,904 | 312,704 | 1,375,200 | 10/31/2021 | T-12 | 1,312,999 | 297,814 | 1,015,185 | 12/31/2020 | T-12 |
17.01 | Property | 12 | 1 | 35 Crosby Street | 1,219,472 | 247,501 | 971,971 | 10/31/2021 | T-12 | 1,023,495 | 237,833 | 785,662 | 12/31/2020 | T-12 |
17.02 | Property | 1 | 70 Carmine Street | 468,432 | 65,203 | 403,229 | 10/31/2021 | T-12 | 289,504 | 59,981 | 229,523 | 12/31/2020 | T-12 | |
18 | Loan | 22 | 1 | 1340 Lafayette | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
19 | Loan | 28 | 1 | Townsgate Office | 3,189,579 | 928,786 | 2,260,793 | 12/31/2021 | T-12 | 2,143,512 | 903,139 | 1,240,374 | 12/31/2020 | T-12 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
20.01 | Property | 1 | Jiffy and Dollar | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
20.02 | Property | 1 | Main Street Shoppes | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
20.03 | Property | 1 | Greensburg Retail Center | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
20.04 | Property | 1 | CSL Plasma | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
20.05 | Property | 1 | FedEx | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
20.06 | Property | 1 | Greenwood Med Spa | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 2,206,858 | 540,564 | 1,666,295 | 12/31/2021 | T-12 | 2,199,942 | 593,148 | 1,606,794 | 12/31/2020 | T-12 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 3,121,745 | 1,558,237 | 1,563,508 | 12/31/2021 | T-12 | 3,322,499 | 1,542,238 | 1,780,261 | 12/31/2020 | T-12 |
23 | Loan | 19 | 1 | Apple Glen Crossing | 2,078,891 | 657,845 | 1,421,046 | 11/30/2021 | T-12 | 2,258,884 | 684,504 | 1,574,380 | 12/31/2020 | T-12 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 2,037,249 | 647,162 | 1,390,087 | 12/31/2021 | T-12 | 1,975,823 | 644,329 | 1,331,494 | 12/31/2020 | T-12 |
25 | Loan | 19 | 1 | 1500 Volta Drive | 1,524,654 | 647,696 | 876,957 | 12/31/2021 | T-12 | 1,312,130 | 460,707 | 851,423 | 12/31/2020 | T-12 |
26 | Loan | 19 | 1 | Courtyard Appleton | 3,770,705 | 2,457,887 | 1,312,819 | 1/31/2022 | T-12 | 3,626,137 | 2,396,840 | 1,229,297 | 12/31/2021 | T-12 |
A-1-11
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description |
27 | Loan | 29 | 1 | Lee’s Hill II | 2,906,667 | 968,492 | 1,938,175 | 12/31/2021 | T-12 | 2,878,979 | 990,492 | 1,888,487 | 12/31/2020 | T-12 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 10,830,431 | 3,962,431 | 6,868,000 | 9/30/2021 | T-12 | 11,121,027 | 3,753,007 | 7,368,020 | 12/31/2020 | T-12 |
28.01 | Property | 1 | Hillcrest | 1,864,069 | 624,737 | 1,239,332 | 9/30/2021 | T-12 | 1,900,361 | 589,720 | 1,310,641 | 12/31/2020 | T-12 | |
28.02 | Property | 1 | Arrington | 1,955,196 | 659,263 | 1,295,933 | 9/30/2021 | T-12 | 2,032,018 | 627,573 | 1,404,445 | 12/31/2020 | T-12 | |
28.03 | Property | 1 | Highland II | 1,222,061 | 482,575 | 739,486 | 9/30/2021 | T-12 | 1,420,623 | 460,342 | 960,281 | 12/31/2020 | T-12 | |
28.04 | Property | 29 | 1 | Meridian | 1,269,782 | 428,106 | 841,677 | 9/30/2021 | T-12 | 1,257,382 | 418,551 | 838,831 | 12/31/2020 | T-12 |
28.05 | Property | 29 | 1 | Bayberry | 908,041 | 344,175 | 563,867 | 9/30/2021 | T-12 | 770,263 | 322,298 | 447,965 | 12/31/2020 | T-12 |
28.06 | Property | 1 | Highland I | 889,727 | 355,427 | 534,300 | 9/30/2021 | T-12 | 864,407 | 329,766 | 534,641 | 12/31/2020 | T-12 | |
28.07 | Property | 29 | 1 | Capstone | 907,421 | 294,977 | 612,444 | 9/30/2021 | T-12 | 1,002,964 | 278,148 | 724,816 | 12/31/2020 | T-12 |
28.08 | Property | 1 | Forest Plaza I | 580,982 | 265,183 | 315,799 | 9/30/2021 | T-12 | 618,962 | 238,220 | 380,742 | 12/31/2020 | T-12 | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | 627,677 | 255,470 | 372,207 | 9/30/2021 | T-12 | 598,318 | 242,897 | 355,421 | 12/31/2020 | T-12 |
28.10 | Property | 1 | Utica | 443,694 | 201,512 | 242,182 | 9/30/2021 | T-12 | 510,482 | 201,909 | 308,573 | 12/31/2020 | T-12 | |
28.11 | Property | 1 | Willard | 161,781 | 51,006 | 110,775 | 9/30/2021 | T-12 | 145,246 | 43,583 | 101,663 | 12/31/2020 | T-12 | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 1,057,931 | 626,015 | 431,915 | 11/30/2021 | T-12 | 1,137,670 | 665,970 | 471,699 | 12/31/2020 | T-12 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
31.01 | Property | 1 | Walgreens Oneonta | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
31.02 | Property | 1 | Walgreens New Castle | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
32.01 | Property | 1 | 155 5th Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 547,478 | 253,071 | 294,407 | 12/31/2020 | T-12 | 937,535 | 280,380 | 657,155 | 12/31/2019 | T-12 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
35 | Loan | 39 | 1 | 3097 E Ana St | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 430,654 | 112,867 | 317,787 | 12/31/2021 | T-12 | 409,220 | 113,519 | 295,701 | 12/31/2020 | T-12 |
A-1-12
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) |
19 | ||||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 147,502,669 | 64,986,057 | 82,516,612 | 12/31/2019 | T-12 | 93.5% | 159,706,334 | 64,433,228 | 95,273,106 | 418,915 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 47,132,520 | 15,521,713 | 31,610,806 | 12/31/2019 | T-12 | 88.8% | 54,609,882 | 17,099,493 | 37,510,389 | 119,080 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 93,601,628 | 46,392,886 | 47,208,742 | 12/31/2019 | T-12 | 87.7% | 97,560,449 | 39,136,450 | 58,423,999 | 660,862 |
3.01 | Property | 1 | First National Building | 20,058,038 | 10,571,414 | 9,486,624 | 12/31/2019 | T-12 | 94.7% | 24,218,140 | 8,751,047 | 15,467,092 | 160,024 | |
3.02 | Property | 27 | 1 | The Qube | 14,915,740 | 6,855,771 | 8,059,969 | 12/31/2019 | T-12 | 91.4% | 15,190,314 | 5,694,242 | 9,496,072 | 104,540 |
3.03 | Property | 27 | 1 | Chrysler House | 12,726,060 | 5,918,699 | 6,807,361 | 12/31/2019 | T-12 | 79.0% | 11,740,667 | 5,139,250 | 6,601,417 | 68,698 |
3.04 | Property | 27 | 1 | 1001 Woodward | 11,842,228 | 5,715,799 | 6,126,429 | 12/31/2019 | T-12 | 87.0% | 11,833,265 | 4,506,929 | 7,326,336 | 63,808 |
3.05 | Property | 1 | One Woodward | 10,637,962 | 6,451,321 | 4,186,641 | 12/31/2019 | T-12 | 92.4% | 10,421,702 | 4,768,719 | 5,652,984 | 74,051 | |
3.06 | Property | 1 | The Z Garage | 7,362,715 | 2,377,053 | 4,985,662 | 12/31/2019 | T-12 | NAP | 4,333,672 | 2,201,877 | 2,131,796 | 38,209 | |
3.07 | Property | 1 | Two Detroit Garage | 3,704,406 | 1,425,407 | 2,278,998 | 12/31/2019 | T-12 | NAP | 4,136,711 | 1,180,174 | 2,956,536 | 27,650 | |
3.08 | Property | 1 | 1505 & 1515 Woodward | 1,560,258 | 1,126,435 | 433,823 | 12/31/2019 | T-12 | 95.0% | 4,058,229 | 1,375,879 | 2,682,351 | 28,507 | |
3.09 | Property | 1 | 1001 Brush Street | 4,094,396 | 1,805,465 | 2,288,931 | 12/31/2019 | T-12 | NAP | 3,237,726 | 1,504,379 | 1,733,347 | 28,100 | |
3.10 | Property | 12 | 1 | The Assembly | 585,521 | 928,015 | (342,494) | 12/31/2019 | T-12 | 74.0% | 2,741,081 | 1,292,767 | 1,448,315 | 23,082 |
3.11 | Property | 1 | 419 Fort Street Garage | 2,012,448 | 883,296 | 1,129,152 | 12/31/2019 | T-12 | NAP | 2,451,762 | 850,847 | 1,600,915 | 15,925 | |
3.12 | Property | 12 | 1 | Vinton | 1,324,511 | 1,064,009 | 260,502 | 12/31/2019 | T-12 | 95.0% | 1,278,493 | 886,306 | 392,187 | 6,104 |
3.13 | Property | 1 | 1401 First Street | 2,033,708 | 786,300 | 1,247,408 | 12/31/2019 | T-12 | NAP | 1,131,300 | 613,395 | 517,905 | 15,825 | |
3.14 | Property | 1 | Lane Bryant Building | 743,636 | 483,900 | 259,736 | 12/31/2019 | T-12 | 94.8% | 787,387 | 370,639 | 416,748 | 6,339 | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 3,192,784 | 1,271,615 | 1,921,169 | 12/31/2019 | T-12 | 95.0% | 7,391,876 | 1,865,708 | 5,526,168 | 20,810 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 13,915,028 | 7,703,090 | 6,211,938 | 12/31/2019 | T-12 | 87.1% | 15,249,726 | 8,657,966 | 6,591,759 | 82,760 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 5,583,318 | 4,244,698 | 1,338,620 | 12/31/2019 | T-12 | 92.5% | 7,800,376 | 4,412,652 | 3,387,724 | 256,572 |
6.01 | Property | 1 | Summit Ridge | 2,753,937 | 2,093,999 | 659,938 | 12/31/2019 | T-12 | 95.0% | 3,908,133 | 2,315,941 | 1,592,192 | 134,980 | |
6.02 | Property | 1 | Lexington Village | 2,236,394 | 1,629,611 | 606,783 | 12/31/2019 | T-12 | 88.4% | 2,631,372 | 1,568,337 | 1,063,035 | 95,842 | |
6.03 | Property | 1 | Gateway at the Greene | 592,987 | 521,088 | 71,899 | 12/31/2019 | T-12 | 94.2% | 1,260,871 | 528,374 | 732,497 | 25,750 | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | NAV | NAV | NAV | NAV | NAV | 98.0% | 4,071,648 | 692,855 | 3,378,793 | 46,128 |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAV | NAV | NAV | NAV | NAV | 98.0% | 602,998 | 111,304 | 491,694 | 2,008 | |
7.02 | Property | 1 | Walgreens, Meridian, ID | NAV | NAV | NAV | NAV | NAV | 98.0% | 315,625 | 37,067 | 278,559 | 2,268 | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAV | NAV | NAV | NAV | NAV | 98.0% | 311,322 | 70,151 | 241,170 | 1,124 | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAV | NAV | NAV | NAV | NAV | 98.0% | 310,713 | 134,654 | 176,059 | 2,865 | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAV | NAV | NAV | NAV | NAV | 98.0% | 194,552 | 36,125 | 158,427 | 3,296 | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAV | NAV | NAV | NAV | NAV | 98.0% | 175,225 | 47,975 | 127,251 | 5,232 | |
7.07 | Property | 1 | Dollar General, Ghent, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 149,964 | 18,860 | 131,103 | 1,596 | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAV | NAV | NAV | NAV | NAV | 98.0% | 186,164 | 61,285 | 124,878 | 5,300 | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAV | NAV | NAV | NAV | NAV | 98.0% | 133,936 | 20,067 | 113,869 | 767 | |
7.10 | Property | 1 | Dollar General, Lenore, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 110,283 | 2,586 | 107,697 | 1,365 | |
7.11 | Property | 1 | Family Dollar, Linden, AL | NAV | NAV | NAV | NAV | NAV | 98.0% | 127,446 | 8,247 | 119,199 | 1,575 | |
7.12 | Property | 1 | Fresenius, Rayville, LA | NAV | NAV | NAV | NAV | NAV | 98.0% | 132,852 | 22,670 | 110,182 | 838 | |
7.13 | Property | 1 | Dollar General, Burlington, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 116,186 | 11,437 | 104,749 | 1,354 | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAV | NAV | NAV | NAV | NAV | 98.0% | 128,764 | 18,937 | 109,827 | 1,575 | |
7.15 | Property | 1 | Dollar General, Hinton, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 104,137 | 2,463 | 101,675 | 1,354 | |
7.16 | Property | 1 | Dollar General, Lerona, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 99,655 | 2,373 | 97,282 | 1,365 | |
7.17 | Property | 1 | Dollar General, Rushford, NY | NAV | NAV | NAV | NAV | NAV | 98.0% | 110,658 | 14,411 | 96,247 | 1,350 | |
7.18 | Property | 1 | Dollar General, Walker, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 98,440 | 2,349 | 96,091 | 1,365 | |
7.19 | Property | 1 | Dollar General, Dixie, WV | NAV | NAV | NAV | NAV | NAV | 98.0% | 104,433 | 11,389 | 93,045 | 1,365 | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAV | NAV | NAV | NAV | NAV | 98.0% | 98,529 | 8,429 | 90,101 | 1,365 | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAV | NAV | NAV | NAV | NAV | 98.0% | 97,501 | 8,204 | 89,297 | 1,354 | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAV | NAV | NAV | NAV | NAV | 98.0% | 87,986 | 5,796 | 82,190 | 1,365 | |
7.23 | Property | 1 | Dollar General, Knox City, TX | NAV | NAV | NAV | NAV | NAV | 98.0% | 87,871 | 9,782 | 78,089 | 1,365 | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAV | NAV | NAV | NAV | NAV | 98.0% | 97,975 | 19,619 | 78,357 | 1,365 | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAV | NAV | NAV | NAV | NAV | 98.0% | 88,432 | 6,677 | 81,755 | 1,354 | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAV | NAV | NAV | NAV | NAV | 95.0% | 4,301,918 | 1,042,169 | 3,259,749 | 20,549 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | 95.0% | 14,232,335 | 2,846,467 | 11,385,868 | 348,967 |
9.01 | Property | 1 | 800 Northwest 4th Street | NAV | NAV | NAV | NAV | NAV | 95.0% | 2,469,022 | 493,804 | 1,975,217 | 81,586 | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAV | NAV | NAV | NAV | NAV | 95.0% | 2,357,882 | 471,576 | 1,886,306 | 27,100 | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAV | NAV | NAV | NAV | NAV | 95.0% | 2,127,579 | 425,516 | 1,702,064 | 70,303 | |
9.04 | Property | 1 | 7330 West Sherman Street | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,611,343 | 322,269 | 1,289,074 | 32,766 | |
9.05 | Property | 12 | 1 | 821 Route 97 | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,592,577 | 318,515 | 1,274,061 | 35,083 |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,450,545 | 290,109 | 1,160,436 | 19,173 | |
9.07 | Property | 1 | 3636 Medallion Avenue | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,499,544 | 299,909 | 1,199,635 | 44,045 | |
9.08 | Property | 1 | 692 Wabash Avenue North | NAV | NAV | NAV | NAV | NAV | 95.0% | 594,048 | 118,810 | 475,239 | 22,434 | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAV | NAV | NAV | NAV | NAV | 95.0% | 529,795 | 105,959 | 423,836 | 16,477 | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 2,592,655 | 627,069 | 1,965,586 | 12/31/2019 | T-12 | 95.6% | 3,262,416 | 589,162 | 2,673,254 | 27,169 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 4,814,914 | 993,987 | 3,820,927 | 12/31/2019 | T-12 | 95.0% | 5,065,136 | 1,233,191 | 3,831,944 | 6,979 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 2,906,372 | 1,262,692 | 1,643,681 | 12/31/2019 | T-12 | 87.6% | 3,919,900 | 1,388,238 | 2,531,663 | 18,929 |
12.01 | Property | 29 | 1 | 285 Riverside Ave | 2,464,772 | 707,898 | 1,756,875 | 12/31/2019 | T-12 | 85.3% | 2,253,196 | 733,828 | 1,519,368 | 11,056 |
12.02 | Property | 29 | 1 | 355 Riverside Ave | 441,600 | 554,794 | (113,194) | 12/31/2019 | T-12 | 90.9% | 1,666,704 | 654,410 | 1,012,295 | 7,874 |
13 | Loan | 27 | 1 | Bala Woods | 4,114,587 | 1,649,594 | 2,464,992 | 12/31/2019 | T-12 | 95.0% | 4,476,990 | 2,034,321 | 2,442,670 | 68,382 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 956,638 | 351,892 | 604,746 | 12/31/2019 | T-12 | 95.0% | 2,745,897 | 732,284 | 2,013,613 | 40,566 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 30,760,774 | 13,393,492 | 17,367,282 | 12/31/2019 | T-12 | 78.0% | 32,650,130 | 13,331,718 | 19,318,412 | 146,221 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 108,844,168 | 88,039,818 | 20,804,350 | 12/31/2019 | T-12 | 63.5% | 126,226,398 | 100,165,283 | 26,061,115 | 5,680,188 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,718,265 | 334,938 | 1,383,328 | 8,949 |
17.01 | Property | 12 | 1 | 35 Crosby Street | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,207,904 | 260,973 | 946,932 | 6,699 |
17.02 | Property | 1 | 70 Carmine Street | NAV | NAV | NAV | NAV | NAV | 95.0% | 510,361 | 73,965 | 436,396 | 2,250 | |
18 | Loan | 22 | 1 | 1340 Lafayette | NAV | NAV | NAV | NAV | NAV | 100.0% | 1,328,006 | 144,881 | 1,183,125 | 0 |
19 | Loan | 28 | 1 | Townsgate Office | 1,382,408 | 525,580 | 856,828 | 12/31/2019 | T-12 | 90.0% | 3,193,384 | 1,054,290 | 2,139,094 | 13,250 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAV | NAV | NAV | NAV | NAV | 94.8% | 1,750,127 | 410,670 | 1,339,457 | 27,794 |
20.01 | Property | 1 | Jiffy and Dollar | NAV | NAV | NAV | NAV | NAV | 95.0% | 255,873 | 26,615 | 229,258 | 977 | |
20.02 | Property | 1 | Main Street Shoppes | NAV | NAV | NAV | NAV | NAV | 93.4% | 495,619 | 119,319 | 376,300 | 14,202 | |
20.03 | Property | 1 | Greensburg Retail Center | NAV | NAV | NAV | NAV | NAV | 95.6% | 304,080 | 55,743 | 248,336 | 267 | |
20.04 | Property | 1 | CSL Plasma | NAV | NAV | NAV | NAV | NAV | 95.0% | 215,297 | 15,912 | 199,385 | 476 | |
20.05 | Property | 1 | FedEx | NAV | NAV | NAV | NAV | NAV | 95.7% | 395,073 | 170,114 | 224,959 | 10,913 | |
20.06 | Property | 1 | Greenwood Med Spa | NAV | NAV | NAV | NAV | NAV | 95.0% | 84,185 | 22,967 | 61,219 | 960 | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 1,948,714 | 576,552 | 1,372,162 | 12/31/2019 | T-12 | 93.1% | 2,146,134 | 606,378 | 1,539,757 | 16,960 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 3,069,359 | 1,487,668 | 1,581,691 | 12/31/2019 | T-12 | 73.5% | 2,787,100 | 1,215,637 | 1,571,464 | 34,352 |
23 | Loan | 19 | 1 | Apple Glen Crossing | 2,535,582 | 730,982 | 1,804,600 | 12/31/2019 | T-12 | 89.3% | 2,370,616 | 684,697 | 1,685,920 | 43,579 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAV | NAV | NAV | NAV | NAV | 85.9% | 2,056,292 | 671,431 | 1,384,861 | -36,963 |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAV | NAV | NAV | NAV | NAV | 97.9% | 1,690,037 | 667,061 | 1,022,976 | 10,217 |
26 | Loan | 19 | 1 | Courtyard Appleton | 1,663,430 | 1,720,817 | (57,387) | 12/31/2020 | T-12 | 71.4% | 4,515,213 | 2,885,965 | 1,629,248 | 180,609 |
A-1-13
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) |
27 | Loan | 29 | 1 | Lee’s Hill II | 2,611,046 | 1,061,852 | 1,549,194 | 12/31/2019 | T-12 | 67.2% | 2,164,634 | 994,540 | 1,170,094 | 51,763 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | NAV | NAV | NAV | NAV | NAV | 84.4% | 10,770,732 | 4,106,628 | 6,664,104 | 147,555 |
28.01 | Property | 1 | Hillcrest | NAV | NAV | NAV | NAV | NAV | 91.4% | 2,069,587 | 647,076 | 1,422,511 | 19,730 | |
28.02 | Property | 1 | Arrington | NAV | NAV | NAV | NAV | NAV | 95.2% | 2,126,526 | 666,500 | 1,460,025 | 21,856 | |
28.03 | Property | 1 | Highland II | NAV | NAV | NAV | NAV | NAV | 42.4% | 693,973 | 475,721 | 218,252 | 7,119 | |
28.04 | Property | 29 | 1 | Meridian | NAV | NAV | NAV | NAV | NAV | 100.0% | 1,359,386 | 451,074 | 908,312 | 10,178 |
28.05 | Property | 29 | 1 | Bayberry | NAV | NAV | NAV | NAV | NAV | 95.8% | 993,146 | 360,967 | 632,180 | 18,740 |
28.06 | Property | 1 | Highland I | NAV | NAV | NAV | NAV | NAV | 91.7% | 982,108 | 370,321 | 611,788 | 14,666 | |
28.07 | Property | 29 | 1 | Capstone | NAV | NAV | NAV | NAV | NAV | 83.6% | 789,376 | 317,789 | 471,588 | 18,473 |
28.08 | Property | 1 | Forest Plaza I | NAV | NAV | NAV | NAV | NAV | 80.2% | 631,654 | 271,030 | 360,624 | 10,283 | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | NAV | NAV | NAV | NAV | NAV | 100.0% | 687,967 | 274,201 | 413,767 | 5,140 |
28.10 | Property | 1 | Utica | NAV | NAV | NAV | NAV | NAV | 47.3% | 266,520 | 209,775 | 56,744 | 20,300 | |
28.11 | Property | 1 | Willard | NAV | NAV | NAV | NAV | NAV | 100.0% | 170,488 | 62,175 | 108,313 | 1,071 | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 979,977 | 557,039 | 422,938 | 12/31/2019 | T-12 | 93.8% | 1,463,376 | 549,597 | 913,779 | 20,267 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAV | NAV | NAV | NAV | NAV | 93.0% | 947,442 | 218,764 | 728,678 | 2,700 |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAV | NAV | NAV | NAV | NAV | 97.0% | 838,669 | 25,160 | 813,509 | 4,016 |
31.01 | Property | 1 | Walgreens Oneonta | NAV | NAV | NAV | NAV | NAV | 97.0% | 433,092 | 12,993 | 420,099 | 1,824 | |
31.02 | Property | 1 | Walgreens New Castle | NAV | NAV | NAV | NAV | NAV | 97.0% | 405,577 | 12,167 | 393,410 | 2,192 | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAV | NAV | NAV | NAV | NAV | 95.0% | 808,323 | 187,825 | 620,498 | 4,435 |
32.01 | Property | 1 | 155 5th Avenue | NAV | NAV | NAV | NAV | NAV | 95.0% | 409,752 | 45,730 | 364,022 | 1,695 | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAV | NAV | NAV | NAV | NAV | 95.0% | 398,571 | 142,095 | 256,476 | 2,740 |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 730,013 | 209,214 | 520,799 | 12/31/2018 | T-12 | 95.0% | 980,716 | 300,021 | 680,694 | 1,851 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAV | NAV | NAV | NAV | NAV | 95.0% | 797,930 | 221,537 | 576,393 | 4,286 |
35 | Loan | 39 | 1 | 3097 E Ana St | NAV | NAV | NAV | NAV | NAV | 95.0% | 656,607 | 134,965 | 521,642 | 6,405 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAV | NAV | NAV | NAV | NAV | 97.3% | 509,803 | 69,641 | 440,162 | 10,125 | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 444,346 | 122,297 | 322,050 | 12/31/2019 | T-12 | 95.0% | 579,527 | 163,000 | 416,527 | 15,217 |
A-1-14
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) |
4, 10, 16 | 4, 10, 16 | 21 | 21 | 10, 21 | ||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 2,743,708 | 92,110,483 | 4.65 | 4.50 | 13.2% | 12.7% | 1,700,000,000 | As Is | 10/1/2021 | 42.5% |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 471,918 | 36,919,391 | 3.42 | 3.37 | 9.6% | 9.5% | 913,000,000 | As Is | 11/5/2021 | 42.6% |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 3,353,632 | 54,409,505 | 3.55 | 3.30 | 13.6% | 12.7% | 724,300,000 | As Is | Various | 59.4% |
3.01 | Property | 1 | First National Building | 1,030,745 | 14,276,324 | 162,000,000 | As Is | 8/30/2021 | ||||||
3.02 | Property | 27 | 1 | The Qube | 698,379 | 8,693,152 | 103,000,000 | As Is | 8/30/2021 | |||||
3.03 | Property | 27 | 1 | Chrysler House | 389,974 | 6,142,746 | 83,000,000 | As Is | 8/30/2021 | |||||
3.04 | Property | 27 | 1 | 1001 Woodward | 375,085 | 6,887,443 | 80,000,000 | As Is | 8/30/2021 | |||||
3.05 | Property | 1 | One Woodward | 482,862 | 5,096,070 | 58,000,000 | As Is | 8/30/2021 | ||||||
3.06 | Property | 1 | The Z Garage | 14,705 | 2,078,882 | 53,000,000 | As Is | 9/10/2021 | ||||||
3.07 | Property | 1 | Two Detroit Garage | 0 | 2,928,886 | 37,000,000 | As Is | 9/10/2021 | ||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | 199,255 | 2,454,589 | 35,000,000 | As Is | 8/30/2021 | ||||||
3.09 | Property | 1 | 1001 Brush Street | 21,371 | 1,683,875 | 32,000,000 | As Is | 9/10/2021 | ||||||
3.10 | Property | 12 | 1 | The Assembly | 90,307 | 1,334,926 | 23,100,000 | As Is | 8/30/2021 | |||||
3.11 | Property | 1 | 419 Fort Street Garage | 0 | 1,584,990 | 21,000,000 | As Is | 9/10/2021 | ||||||
3.12 | Property | 12 | 1 | Vinton | 8,260 | 377,823 | 17,500,000 | As Is | 8/30/2021 | |||||
3.13 | Property | 1 | 1401 First Street | 0 | 502,080 | 13,500,000 | As Is | 9/10/2021 | ||||||
3.14 | Property | 1 | Lane Bryant Building | 42,689 | 367,719 | 6,200,000 | As Is | 8/30/2021 | ||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 61,206 | 5,444,153 | 1.81 | 1.78 | 8.1% | 8.0% | 109,000,000 | As Is | 1/11/2022 | 62.4% |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 312,915 | 6,196,084 | 3.12 | 2.93 | 11.9% | 11.1% | 87,500,000 | As Is | 12/23/2021 | 63.5% |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 0 | 3,131,152 | 1.34 | 1.24 | 8.5% | 7.8% | 54,200,000 | As Is | Various | 73.8% |
6.01 | Property | 1 | Summit Ridge | 0 | 1,457,212 | 26,200,000 | As Is | 12/14/2021 | ||||||
6.02 | Property | 1 | Lexington Village | 0 | 967,193 | 16,700,000 | As Is | 12/14/2021 | ||||||
6.03 | Property | 1 | Gateway at the Greene | 0 | 706,747 | 11,300,000 | As Is | 11/24/2021 | ||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 0 | 3,332,665 | 1.66 | 1.64 | 9.7% | 9.5% | 58,855,000 | As Is | Various | 59.5% |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | 0 | 489,686 | 8,600,000 | As Is | 2/4/2022 | ||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | 0 | 276,291 | 5,100,000 | As Is | 2/6/2022 | ||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | 0 | 240,047 | 4,100,000 | As Is | 2/4/2022 | ||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | 0 | 173,194 | 3,300,000 | As Is | 2/10/2022 | ||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | 0 | 155,131 | 2,750,000 | As Is | 2/4/2022 | ||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | 0 | 122,019 | 2,330,000 | As Is | 2/7/2022 | ||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | 0 | 129,507 | 2,300,000 | As Is | 1/27/2022 | ||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | 0 | 119,579 | 2,290,000 | As Is | 2/7/2022 | ||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | 0 | 113,103 | 1,950,000 | As Is | 2/2/2022 | ||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | 0 | 106,332 | 1,830,000 | As Is | 2/1/2022 | ||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | 0 | 117,624 | 1,800,000 | As Is | 2/2/2022 | ||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | 0 | 109,344 | 1,800,000 | As Is | 2/2/2022 | ||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | 0 | 103,395 | 1,800,000 | As Is | 2/2/2022 | ||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | 0 | 108,252 | 1,750,000 | As Is | 2/2/2022 | ||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | 0 | 100,321 | 1,730,000 | As Is | 2/1/2022 | ||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | 0 | 95,917 | 1,660,000 | As Is | 2/8/2022 | ||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | 0 | 94,897 | 1,700,000 | As Is | 2/10/2022 | ||||||
7.18 | Property | 1 | Dollar General, Walker, WV | 0 | 94,726 | 1,640,000 | As Is | 2/1/2022 | ||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | 0 | 91,680 | 1,600,000 | As Is | 1/27/2022 | ||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | 0 | 88,736 | 1,600,000 | As Is | 2/2/2022 | ||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | 0 | 87,943 | 1,525,000 | As Is | 2/2/2022 | ||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | 0 | 80,825 | 1,450,000 | As Is | 2/2/2022 | ||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | 0 | 76,724 | 1,450,000 | As Is | 2/8/2022 | ||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | 0 | 76,992 | 1,400,000 | As Is | 2/10/2022 | ||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | 0 | 80,401 | 1,400,000 | As Is | 2/2/2022 | ||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 87,883 | 3,151,316 | 2.28 | 2.20 | 9.4% | 9.1% | 56,300,000 | As Is | 1/3/2022 | 61.3% |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 441,202 | 10,595,698 | 2.09 | 1.95 | 8.3% | 7.7% | 219,100,000 | Various | Various | 62.8% |
9.01 | Property | 1 | 800 Northwest 4th Street | 76,540 | 1,817,092 | 37,500,000 | As Is | 1/26/2022 | ||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | 73,094 | 1,786,111 | 35,800,000 | As Is | 1/21/2022 | ||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | 65,955 | 1,565,805 | 32,300,000 | As Is | 1/26/2022 | ||||||
9.04 | Property | 1 | 7330 West Sherman Street | 49,952 | 1,206,357 | 28,400,000 | As Is | 1/14/2022 | ||||||
9.05 | Property | 12 | 1 | 821 Route 97 | 49,370 | 1,189,608 | 24,200,000 | As If Complete | 1/19/2022 | |||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | 44,967 | 1,096,297 | 22,000,000 | As Is | 1/6/2022 | ||||||
9.07 | Property | 1 | 3636 Medallion Avenue | 46,486 | 1,109,104 | 21,800,000 | As Is | 1/24/2022 | ||||||
9.08 | Property | 1 | 692 Wabash Avenue North | 18,416 | 434,389 | 9,000,000 | As Is | 1/21/2022 | ||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | 16,424 | 390,936 | 8,100,000 | As Is | 1/24/2022 | ||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 135,025 | 2,511,060 | 1.60 | 1.50 | 9.3% | 8.7% | 42,125,000 | As Is | 2/1/2022 | 68.2% |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 0 | 3,824,965 | 2.79 | 2.78 | 9.6% | 9.6% | 73,400,000 | As Is | 10/14/2021 | 54.5% |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 141,971 | 2,370,763 | 2.25 | 2.10 | 9.0% | 8.5% | 43,500,000 | As Is | 12/7/2021 | 64.4% |
12.01 | Property | 29 | 1 | 285 Riverside Ave | 82,917 | 1,425,395 | 26,100,000 | As Is | 12/7/2021 | |||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | 59,054 | 945,367 | 17,400,000 | As Is | 12/7/2021 | |||||
13 | Loan | 27 | 1 | Bala Woods | 0 | 2,374,288 | 2.27 | 2.21 | 8.9% | 8.6% | 59,200,000 | As Is | 1/26/2022 | 46.5% |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 101,415 | 1,871,632 | 1.45 | 1.35 | 8.6% | 8.0% | 34,400,000 | As Is | 11/23/2021 | 68.1% |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 0 | 19,172,191 | 3.19 | 3.16 | 9.2% | 9.1% | 330,000,000 | As Is | 9/21/2021 | 63.8% |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 0 | 20,380,927 | 4.02 | 3.14 | 20.4% | 15.9% | 306,000,000 | As Is | 11/17/2021 | 41.8% |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 1,500 | 1,372,879 | 1.81 | 1.79 | 7.2% | 7.1% | 28,900,000 | As Is | 11/10/2021 | 66.6% |
17.01 | Property | 12 | 1 | 35 Crosby Street | 1,500 | 938,733 | 19,700,000 | As Is | 11/10/2021 | |||||
17.02 | Property | 1 | 70 Carmine Street | 0 | 434,146 | 9,200,000 | As Is | 11/10/2021 | ||||||
18 | Loan | 22 | 1 | 1340 Lafayette | 0 | 1,183,125 | 1.45 | 1.45 | 7.2% | 7.2% | 26,000,000 | As Is | 2/2/2022 | 63.5% |
19 | Loan | 28 | 1 | Townsgate Office | 13,334 | 2,112,510 | 3.60 | 3.56 | 14.0% | 13.8% | 27,600,000 | As Is | 12/20/2021 | 55.4% |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 41,069 | 1,270,594 | 1.45 | 1.38 | 9.6% | 9.1% | 21,260,000 | As Is | Various | 65.8% |
20.01 | Property | 1 | Jiffy and Dollar | 4,438 | 223,842 | 4,170,000 | As Is | 11/22/2021 | ||||||
20.02 | Property | 1 | Main Street Shoppes | 9,977 | 352,122 | 5,000,000 | As Is | 11/22/2021 | ||||||
20.03 | Property | 1 | Greensburg Retail Center | 2,736 | 245,334 | 4,130,000 | As Is | 11/22/2021 | ||||||
20.04 | Property | 1 | CSL Plasma | 4,132 | 194,776 | 3,780,000 | As Is | 12/9/2021 | ||||||
20.05 | Property | 1 | FedEx | 18,032 | 196,014 | 3,300,000 | As Is | 11/22/2021 | ||||||
20.06 | Property | 1 | Greenwood Med Spa | 1,754 | 58,506 | 880,000 | As Is | 11/22/2021 | ||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 34,798 | 1,487,999 | 3.17 | 3.06 | 11.4% | 11.0% | 23,800,000 | As Is | 1/13/2022 | 56.7% |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 181,342 | 1,355,769 | 1.91 | 1.65 | 11.6% | 10.0% | 21,300,000 | As Is | 1/18/2022 | 63.4% |
23 | Loan | 19 | 1 | Apple Glen Crossing | 55,436 | 1,586,905 | 2.17 | 2.05 | 13.0% | 12.2% | 20,000,000 | As Is | 11/10/2021 | 65.0% |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 69,213 | 1,352,612 | 1.89 | 1.84 | 11.1% | 10.8% | 20,700,000 | As Is | 2/11/2022 | 60.4% |
25 | Loan | 19 | 1 | 1500 Volta Drive | 0 | 1,012,759 | 1.98 | 1.96 | 9.7% | 9.6% | 21,300,000 | As Is | 2/2/2022 | 49.3% |
26 | Loan | 19 | 1 | Courtyard Appleton | 0 | 1,448,639 | 2.64 | 2.34 | 15.8% | 14.0% | 18,800,000 | As Is | 12/14/2021 | 55.0% |
A-1-15
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) |
27 | Loan | 29 | 1 | Lee’s Hill II | 152,541 | 965,790 | 3.00 | 2.48 | 12.6% | 10.4% | 23,000,000 | As Is | 1/19/2022 | 40.4% |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 575,608 | 5,940,941 | 3.20 | 2.85 | 11.3% | 10.1% | 95,590,000 | As Is | 11/4/2021 | 61.7% |
28.01 | Property | 1 | Hillcrest | 120,397 | 1,282,384 | 18,500,000 | As Is | 11/4/2021 | ||||||
28.02 | Property | 1 | Arrington | 123,664 | 1,314,505 | 18,800,000 | As Is | 11/4/2021 | ||||||
28.03 | Property | 1 | Highland II | 3,794 | 207,339 | 8,450,000 | As Is | 11/4/2021 | ||||||
28.04 | Property | 29 | 1 | Meridian | 82,395 | 815,740 | 11,700,000 | As Is | 11/4/2021 | |||||
28.05 | Property | 29 | 1 | Bayberry | 60,793 | 552,646 | 8,600,000 | As Is | 11/4/2021 | |||||
28.06 | Property | 1 | Highland I | 56,998 | 540,124 | 7,990,000 | As Is | 11/4/2021 | ||||||
28.07 | Property | 29 | 1 | Capstone | 41,776 | 411,338 | 6,940,000 | As Is | 11/4/2021 | |||||
28.08 | Property | 1 | Forest Plaza I | 34,310 | 316,031 | 5,300,000 | As Is | 11/4/2021 | ||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | 44,512 | 364,115 | 5,200,000 | As Is | 11/4/2021 | |||||
28.10 | Property | 1 | Utica | 4,868 | 31,576 | 2,800,000 | As Is | 11/4/2021 | ||||||
28.11 | Property | 1 | Willard | 2,100 | 105,142 | 1,310,000 | As Is | 11/4/2021 | ||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 67,704 | 825,808 | 1.73 | 1.56 | 10.2% | 9.2% | 14,600,000 | As Is | 1/12/2022 | 61.6% |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 1,980 | 723,998 | 1.84 | 1.83 | 8.1% | 8.1% | 13,800,000 | As Is | 1/10/2022 | 65.0% |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 0 | 809,493 | 2.30 | 2.29 | 9.4% | 9.3% | 16,710,000 | As Is | Various | 52.1% |
31.01 | Property | 1 | Walgreens Oneonta | 0 | 418,275 | 8,500,000 | As Is | 2/13/2022 | ||||||
31.02 | Property | 1 | Walgreens New Castle | 0 | 391,218 | 8,210,000 | As Is | 1/30/2022 | ||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 7,487 | 608,576 | 1.64 | 1.61 | 7.3% | 7.1% | 13,300,000 | As Is | 1/2/2022 | 64.3% |
32.01 | Property | 1 | 155 5th Avenue | 3,430 | 358,897 | 7,800,000 | As Is | 1/2/2022 | ||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | 4,057 | 249,679 | 5,500,000 | As Is | 1/2/2022 | |||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 19,956 | 658,887 | 1.64 | 1.59 | 9.5% | 9.2% | 11,050,000 | As Is | 11/5/2019 | 65.2% |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 35,716 | 536,392 | 2.34 | 2.17 | 10.4% | 9.7% | 9,300,000 | As Is | 1/24/2022 | 59.4% |
35 | Loan | 39 | 1 | 3097 E Ana St | 18,069 | 497,168 | 1.66 | 1.58 | 9.8% | 9.3% | 17,800,000 | As Is | 1/13/2022 | 30.0% |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 6,572 | 423,465 | 1.95 | 1.88 | 9.3% | 8.9% | 8,200,000 | As Is | 1/28/2022 | 57.9% | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 15,325 | 385,986 | 1.70 | 1.57 | 9.8% | 9.1% | 10,500,000 | As Is | 1/24/2022 | 40.5% |
A-1-16
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date |
10, 21 | 5, 12, 27, 30 | 28, 29 | 28, 29 | 28, 29 | 6, 28, 29 | |||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 42.5% | 96.3% | 11/1/2021 | No | Kirkland & Ellis | 616,139 | 36.8% | 2/28/2039 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 42.6% | 87.3% | 11/1/2021 | No | CoreSite | 176,685 | 26.7% | 7/31/2029 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 59.4% | 88.7% | ||||||
3.01 | Property | 1 | First National Building | 94.9% | 11/10/2021 | No | Amrock, Inc | 424,486 | 53.1% | 1/31/2032 | ||
3.02 | Property | 27 | 1 | The Qube | 90.6% | 11/10/2021 | No | Quicken Loans Inc. | 407,050 | 77.9% | 7/31/2028 | |
3.03 | Property | 27 | 1 | Chrysler House | 79.9% | 11/10/2021 | No | Quicken Loans Inc. | 183,664 | 53.5% | 8/31/2023 | |
3.04 | Property | 27 | 1 | 1001 Woodward | 88.9% | 11/10/2021 | No | Quicken Loans Inc. | 122,475 | 38.4% | 4/30/2024 | |
3.05 | Property | 1 | One Woodward | 92.9% | 11/10/2021 | No | Quicken Loans Inc. | 171,622 | 46.4% | 3/31/2032 | ||
3.06 | Property | 1 | The Z Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.08 | Property | 1 | 1505 & 1515 Woodward | 100.0% | 11/10/2021 | No | LinkedIn Corporation | 74,497 | 52.6% | 7/31/2026 | ||
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.10 | Property | 12 | 1 | The Assembly | 75.0% | 9/3/2021 | No | Coyote Logistics | 58,192 | 100.0% | 10/31/2030 | |
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.12 | Property | 12 | 1 | Vinton | 61.9% | 9/3/2021 | No | Besa Partners LLC | 5,693 | 100.0% | 1/31/2026 | |
3.13 | Property | 1 | 1401 First Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.14 | Property | 1 | Lane Bryant Building | 95.2% | 11/10/2021 | No | Detroit Labs, LLC | 17,284 | 54.5% | 1/31/2026 | ||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 62.4% | 100.0% | 3/10/2022 | No | Kaiser Foundation Health Plan, Inc. | 71,775 | 58.6% | 9/30/2028 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 63.5% | 85.0% | 1/24/2022 | No | GSA US Customs | 123,386 | 29.8% | 8/9/2037 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 62.0% | 93.3% | ||||||
6.01 | Property | 1 | Summit Ridge | 97.5% | 2/9/2022 | NAP | NAP | NAP | NAP | NAP | ||
6.02 | Property | 1 | Lexington Village | 86.3% | 2/9/2022 | NAP | NAP | NAP | NAP | NAP | ||
6.03 | Property | 1 | Gateway at the Greene | 96.1% | 2/9/2022 | NAP | NAP | NAP | NAP | NAP | ||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 48.9% | 100.0% | ||||||
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | 100.0% | 4/6/2022 | Yes | Walgreen Co. | 13,386 | 100.0% | 10/31/2036 | ||
7.02 | Property | 1 | Walgreens, Meridian, ID | 100.0% | 4/6/2022 | Yes | Walgreen Co. | 15,120 | 100.0% | 12/31/2030 | ||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | 100.0% | 4/6/2022 | Yes | Renal Care Options, LLC | 7,490 | 100.0% | 1/31/2036 | ||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | 100.0% | 4/6/2022 | Yes | Tractor Supply Company | 19,097 | 100.0% | 1/31/2036 | ||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | 100.0% | 4/6/2022 | Yes | Tractor Supply Company | 21,974 | 100.0% | 12/31/2033 | ||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | 100.0% | 4/6/2022 | Yes | Tractor Supply Company | 34,877 | 100.0% | 9/30/2032 | ||
7.07 | Property | 1 | Dollar General, Ghent, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 10,640 | 100.0% | 4/30/2032 | ||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | 100.0% | 4/6/2022 | Yes | Tractor Supply Company | 35,330 | 100.0% | 11/30/2032 | ||
7.09 | Property | 1 | Fresenius, Belzoni, MS | 100.0% | 4/6/2022 | Yes | Fresenius Kidney Care | 5,112 | 100.0% | 7/31/2033 | ||
7.10 | Property | 1 | Dollar General, Lenore, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 9/30/2031 | ||
7.11 | Property | 1 | Family Dollar, Linden, AL | 100.0% | 4/6/2022 | Yes | Family Dollar | 10,500 | 100.0% | 8/31/2031 | ||
7.12 | Property | 1 | Fresenius, Rayville, LA | 100.0% | 4/6/2022 | Yes | Fresenius Kidney Care | 5,588 | 100.0% | 5/31/2032 | ||
7.13 | Property | 1 | Dollar General, Burlington, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 9,026 | 100.0% | 9/30/2031 | ||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | 100.0% | 4/6/2022 | Yes | Family Dollar | 10,500 | 100.0% | 12/31/2031 | ||
7.15 | Property | 1 | Dollar General, Hinton, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 9,026 | 100.0% | 10/31/2031 | ||
7.16 | Property | 1 | Dollar General, Lerona, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 2/29/2032 | ||
7.17 | Property | 1 | Dollar General, Rushford, NY | 100.0% | 4/6/2022 | Yes | Dollar General | 9,002 | 100.0% | 11/30/2032 | ||
7.18 | Property | 1 | Dollar General, Walker, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 2/29/2032 | ||
7.19 | Property | 1 | Dollar General, Dixie, WV | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 5/31/2032 | ||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 7/31/2032 | ||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | 100.0% | 4/6/2022 | Yes | Dollar General | 9,026 | 100.0% | 10/31/2032 | ||
7.22 | Property | 1 | Dollar General, Billingsley, AL | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 12/31/2032 | ||
7.23 | Property | 1 | Dollar General, Knox City, TX | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 4/30/2032 | ||
7.24 | Property | 1 | Dollar General, South Dayton, NY | 100.0% | 4/6/2022 | Yes | Dollar General | 9,100 | 100.0% | 11/30/2032 | ||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | 100.0% | 4/6/2022 | Yes | Dollar General | 9,026 | 100.0% | 11/30/2032 | ||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 61.3% | 97.3% | 2/15/2022 | No | H-Mart | 37,954 | 34.5% | 8/1/2037 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 62.8% | 100.0% | ||||||
9.01 | Property | 1 | 800 Northwest 4th Street | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 515,972 | 100.0% | 2/28/2042 | ||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 171,390 | 100.0% | 2/28/2042 | ||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 444,618 | 100.0% | 2/28/2042 | ||
9.04 | Property | 1 | 7330 West Sherman Street | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 207,222 | 100.0% | 2/28/2042 | ||
9.05 | Property | 12 | 1 | 821 Route 97 | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 221,876 | 100.0% | 2/28/2042 | |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 121,253 | 100.0% | 2/28/2042 | ||
9.07 | Property | 1 | 3636 Medallion Avenue | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 278,553 | 100.0% | 2/28/2042 | ||
9.08 | Property | 1 | 692 Wabash Avenue North | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 141,878 | 100.0% | 2/28/2042 | ||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | 100.0% | 3/1/2022 | Yes | Shearer’s Foods LLC | 104,203 | 100.0% | 2/28/2042 | ||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 54.5% | 97.9% | 1/11/2022 | No | Amazon Fresh | 36,415 | 20.1% | 1/31/2035 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 54.5% | 100.0% | 11/1/2021 | No | City’s Property Development Corp. | 530 | 7.2% | 9/30/2031 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 64.4% | 88.0% | ||||||
12.01 | Property | 29 | 1 | 285 Riverside Ave | 85.6% | 11/1/2021 | No | Sterling Investment Partners | 9,939 | 18.0% | 5/31/2025 | |
12.02 | Property | 29 | 1 | 355 Riverside Ave | 91.3% | 11/1/2021 | No | Verrill Dana LLP | 14,895 | 37.8% | 11/30/2030 | |
13 | Loan | 27 | 1 | Bala Woods | 46.5% | 95.8% | 2/5/2022 | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 54.8% | 98.3% | 11/1/2021 | No | Target Corporation | 86,414 | 42.6% | 3/31/2035 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 63.8% | 77.0% | 4/6/2022 | Yes | Novo Nordisk | 563,289 | 77.0% | 4/30/2031 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 41.8% | 36.8% | 12/31/2021 | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 66.6% | 100.0% | ||||||
17.01 | Property | 12 | 1 | 35 Crosby Street | 100.0% | 1/19/2022 | No | Bonobos, Inc. | 1,500 | 100.0% | 1/31/2023 | |
17.02 | Property | 1 | 70 Carmine Street | 100.0% | 1/19/2022 | NAP | NAP | NAP | NAP | NAP | ||
18 | Loan | 22 | 1 | 1340 Lafayette | 63.5% | 100.0% | 4/1/2022 | Yes | Amazon | 55,000 | 100.0% | 6/30/2032 |
19 | Loan | 28 | 1 | Townsgate Office | 55.4% | 89.7% | 3/7/2022 | No | Wells Fargo Bank | 35,374 | 40.0% | 12/31/2024 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 54.5% | 98.2% | ||||||
20.01 | Property | 1 | Jiffy and Dollar | 100.0% | 3/1/2022 | No | Dollar Tree | 10,000 | 61.4% | 7/31/2031 | ||
20.02 | Property | 1 | Main Street Shoppes | 93.3% | 3/1/2022 | No | Puerto Vallarta | 4,800 | 18.6% | 12/31/2025 | ||
20.03 | Property | 1 | Greensburg Retail Center | 100.0% | 3/1/2022 | No | Athletico Physical Therapy | 2,320 | 26.1% | 9/30/2031 | ||
20.04 | Property | 1 | CSL Plasma | 100.0% | 3/1/2022 | Yes | CSL Plasma | 11,900 | 100.0% | 6/30/2036 | ||
20.05 | Property | 1 | FedEx | 100.0% | 3/1/2022 | Yes | FedEx | 25,983 | 100.0% | 5/31/2025 | ||
20.06 | Property | 1 | Greenwood Med Spa | 100.0% | 3/1/2022 | Yes | Down to Earth Wellness Center | 5,050 | 100.0% | 9/30/2026 | ||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 56.7% | 100.0% | 3/2/2022 | No | Mission Support and Test Services LLC | 56,660 | 66.8% | 5/31/2025 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 59.7% | 73.3% | 1/1/2022 | No | Frontier Technology Inc | 15,756 | 9.2% | 4/30/2023 |
23 | Loan | 19 | 1 | Apple Glen Crossing | 58.0% | 92.8% | 12/28/2021 | No | Dick’s Sporting Goods | 45,000 | 30.0% | 1/31/2026 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 52.5% | 87.7% | 2/1/2022 | No | PetSmart, Inc. | 20,419 | 23.5% | 6/30/2023 |
25 | Loan | 19 | 1 | 1500 Volta Drive | 49.3% | 100.0% | 4/6/2022 | Yes | Stewart and Stevenson LLC | 56,761 | 100.0% | 12/31/2034 |
26 | Loan | 19 | 1 | Courtyard Appleton | 44.3% | 63.2% | 1/31/2022 | NAP | NAP | NAP | NAP | NAP |
A-1-17
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date |
27 | Loan | 29 | 1 | Lee’s Hill II | 40.4% | 65.4% | 2/1/2022 | No | Providence Service | 34,931 | 22.9% | 12/31/2027 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 61.7% | 84.4% | ||||||
28.01 | Property | 1 | Hillcrest | 91.6% | 10/31/2021 | No | The Brink’s Company | 36,814 | 37.9% | 11/30/2026 | ||
28.02 | Property | 1 | Arrington | 95.3% | 10/31/2021 | No | Mitchell Wiggins & Co, LLP | 15,611 | 16.7% | 10/6/2022 | ||
28.03 | Property | 1 | Highland II | 40.7% | 10/31/2021 | No | Freeman & Morgan Architects, P.C. | 4,685 | 6.9% | 9/30/2026 | ||
28.04 | Property | 29 | 1 | Meridian | 100.0% | 10/31/2021 | No | The London Company | 20,609 | 35.5% | 6/30/2032 | |
28.05 | Property | 29 | 1 | Bayberry | 95.9% | 10/31/2021 | No | Virginia Estate & Trust Law | 10,840 | 23.5% | 4/30/2029 | |
28.06 | Property | 1 | Highland I | 91.9% | 10/31/2021 | No | Regions Bank | 6,970 | 14.9% | 9/30/2023 | ||
28.07 | Property | 29 | 1 | Capstone | 83.3% | 10/31/2021 | No | CapTech Ventures, Inc. | 21,358 | 54.1% | 6/30/2025 | |
28.08 | Property | 1 | Forest Plaza I | 80.5% | 10/31/2021 | No | World Pediatric Project | 5,680 | 15.7% | 12/31/2023 | ||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | 100.0% | 10/31/2021 | No | CCA Financial Services, LLC | 8,952 | 27.9% | 7/31/2025 | |
28.10 | Property | 1 | Utica | 47.9% | 10/31/2021 | No | Dynamic Brands, LLC | 10,729 | 36.3% | 5/31/2023 | ||
28.11 | Property | 1 | Willard | 100.0% | 4/6/2022 | Yes | CPC DYS Holdings, Inc. | 12,970 | 100.0% | 11/30/2025 | ||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 49.3% | 93.6% | 12/27/2021 | No | Clarity Clinic Arlington | 14,764 | 23.5% | 6/30/2032 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 65.0% | 100.0% | 3/8/2022 | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 52.1% | 100.0% | ||||||
31.01 | Property | 1 | Walgreens Oneonta | 100.0% | 4/6/2022 | Yes | Walgreens | 12,159 | 100.0% | 1/31/2035 | ||
31.02 | Property | 1 | Walgreens New Castle | 100.0% | 4/6/2022 | Yes | Walgreens | 14,616 | 100.0% | 12/31/2034 | ||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 64.3% | 100.0% | ||||||
32.01 | Property | 1 | 155 5th Avenue | 100.0% | 2/8/2022 | No | WUS KYU RAMEN | 1,300 | 17.8% | 4/30/2031 | ||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | 100.0% | 2/8/2022 | No | Made in Sud Restaurant Inc | 1,600 | 20.3% | 6/30/2028 | |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 56.4% | 100.0% | 4/6/2022 | Yes | STK | 9,254 | 100.0% | 9/30/2025 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 59.4% | 100.0% | 4/6/2022 | Yes | Cancer Care Specialists | 17,858 | 100.0% | 8/31/2028 |
35 | Loan | 39 | 1 | 3097 E Ana St | 24.1% | 100.0% | 4/6/2022 | Yes | International Textile Group, Inc. | 59,302 | 100.0% | 2/28/2035 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 57.9% | 100.0% | 4/6/2022 | Yes | United States Government (dba VA Dialysis Center) | 8,762 | 100.0% | 8/31/2031 | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 36.8% | 100.0% | 2/1/2022 | No | Texima LLC | 22,980 | 63.0% | 1/31/2027 |
A-1-18
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA |
28, 29 | 28, 29 | 28, 29 | 6, 28, 29 | 28, 29 | 28, 29 | 28, 29 | |||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | Citibank | 216,256 | 12.9% | 4/30/2032 | NYU | 195,326 | 11.7% |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | Musick Peeler | 106,475 | 16.1% | 10/31/2023 | Verizon Global Networks | 61,881 | 9.4% |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | |||||||
3.01 | Property | 1 | First National Building | Honigman Miller Schwartz and Cohn LLP | 150,786 | 18.8% | 11/30/2025 | Board of Trustees of Michigan State University | 46,598 | 5.8% | |
3.02 | Property | 27 | 1 | The Qube | JPMorgan Chase, National Association | 32,126 | 6.1% | 5/31/2027 | Rock Security LLC | 17,490 | 3.3% |
3.03 | Property | 27 | 1 | Chrysler House | Rocket Homes Real Estate LLC | 29,897 | 8.7% | 8/31/2023 | RSM US LLP | 11,894 | 3.5% |
3.04 | Property | 27 | 1 | 1001 Woodward | 1001 Woodward Avenue Tenant LLC (WeWork) | 56,352 | 17.7% | 10/31/2033 | Southeast Michigan Council of Governments | 30,240 | 9.5% |
3.05 | Property | 1 | One Woodward | Kitch Drutchas Wagner Valitutti & Sherbrook, P.C. | 56,265 | 15.2% | 5/31/2028 | Fifth Third Bank | 31,204 | 8.4% | |
3.06 | Property | 1 | The Z Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.08 | Property | 1 | 1505 & 1515 Woodward | H & M Hennes & Mauritz L.P. | 25,322 | 17.9% | 1/31/2027 | International Bancard Corporation | 12,082 | 8.5% | |
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.10 | Property | 12 | 1 | The Assembly | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.12 | Property | 12 | 1 | Vinton | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.13 | Property | 1 | 1401 First Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.14 | Property | 1 | Lane Bryant Building | Detroit Venture Partners | 5,761 | 18.2% | MTM | Lisa Spindler Photography, Inc. | 4,384 | 13.8% | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | Common Grounds | 17,241 | 14.1% | 6/30/2026 | MTI Film | 14,095 | 11.5% |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | State of CA State Lands Commission | 29,492 | 7.1% | 2/28/2027 | Dassault Systemes Americas Corp. | 20,501 | 5.0% |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | |||||||
6.01 | Property | 1 | Summit Ridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Lexington Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Gateway at the Greene | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | |||||||
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.02 | Property | 1 | Walgreens, Meridian, ID | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.07 | Property | 1 | Dollar General, Ghent, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.10 | Property | 1 | Dollar General, Lenore, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.11 | Property | 1 | Family Dollar, Linden, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.12 | Property | 1 | Fresenius, Rayville, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.13 | Property | 1 | Dollar General, Burlington, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.15 | Property | 1 | Dollar General, Hinton, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.16 | Property | 1 | Dollar General, Lerona, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.17 | Property | 1 | Dollar General, Rushford, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.18 | Property | 1 | Dollar General, Walker, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.19 | Property | 1 | Dollar General, Dixie, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.23 | Property | 1 | Dollar General, Knox City, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | Overlake Medical Clinics | 17,373 | 15.8% | 4/30/2032 | WA Department of License | 11,267 | 10.2% |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | |||||||
9.01 | Property | 1 | 800 Northwest 4th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.04 | Property | 1 | 7330 West Sherman Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.05 | Property | 12 | 1 | 821 Route 97 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.07 | Property | 1 | 3636 Medallion Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.08 | Property | 1 | 692 Wabash Avenue North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | Bob’s Discount Furniture | 33,000 | 18.2% | 5/31/2031 | Michaels | 20,325 | 11.2% |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | E&S Creation LLC | 530 | 7.2% | 7/7/2024 | The Laser Booth Corp. | 485 | 6.6% |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | |||||||
12.01 | Property | 29 | 1 | 285 Riverside Ave | Raymond James & Associates | 9,141 | 16.5% | 5/31/2025 | Great Rock Capital Partners | 8,737 | 15.8% |
12.02 | Property | 29 | 1 | 355 Riverside Ave | Coldwell Banker | 7,817 | 19.9% | 6/30/2029 | Bluff Point Associates | 5,384 | 13.7% |
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | Save Mart Supermarkets | 48,435 | 23.9% | 1/29/2032 | Ross Dress for Less, Inc. | 25,000 | 12.3% |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | |||||||
17.01 | Property | 12 | 1 | 35 Crosby Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.02 | Property | 1 | 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 28 | 1 | Townsgate Office | Majestic Workspaces | 13,765 | 15.6% | 3/31/2026 | LTC Properties | 9,953 | 11.3% |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | |||||||
20.01 | Property | 1 | Jiffy and Dollar | JiffyLube | 6,288 | 38.6% | 2/28/2042 | NAP | NAP | NAP | |
20.02 | Property | 1 | Main Street Shoppes | Northwest Bank | 3,600 | 13.9% | 7/31/2025 | AppleTree Staffing | 3,600 | 13.9% | |
20.03 | Property | 1 | Greensburg Retail Center | Starbucks Coffee | 2,248 | 25.3% | 2/28/2031 | Jordan’s Fish-N-Chicken | 1,800 | 20.3% | |
20.04 | Property | 1 | CSL Plasma | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.05 | Property | 1 | FedEx | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.06 | Property | 1 | Greenwood Med Spa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | CenCal | 22,392 | 26.4% | 6/30/2026 | Gold Crest Sublease | 5,746 | 6.8% |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | Gryphon Technologies, L.C. | 13,910 | 8.1% | 5/31/2023 | T-Solutions, Inc. | 11,613 | 6.8% |
23 | Loan | 19 | 1 | Apple Glen Crossing | Best Buy | 29,650 | 19.7% | 1/31/2027 | PetSmart | 19,235 | 12.8% |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | Old Navy, LLC | 17,179 | 19.8% | 6/30/2023 | Lane Bryant Brands | 6,600 | 7.6% |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-19
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA |
27 | Loan | 29 | 1 | Lee’s Hill II | TEMACC LLC (Eastern Virginia Career College) | 24,923 | 16.4% | 3/31/2024 | USA - US Army Corp | 19,227 | 12.6% |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | |||||||
28.01 | Property | 1 | Hillcrest | SyCom Technologies, LLC | 18,393 | 18.9% | 7/31/2024 | Blue Ridge Bank | 18,032 | 18.6% | |
28.02 | Property | 1 | Arrington | Lowe, Brockenbrough & Co. | 13,213 | 14.1% | 1/31/2024 | Meadows Urquhart Acree & Cook | 11,050 | 11.8% | |
28.03 | Property | 1 | Highland II | Norman, Obeck & Foy Dentistry Partnership | 3,780 | 5.6% | 12/31/2023 | Robert W. DeConti, M.D., Inc. | 3,395 | 5.0% | |
28.04 | Property | 29 | 1 | Meridian | Sedgwick Claims Management Service, Inc. | 12,698 | 21.9% | 6/30/2024 | Wells Fargo Advisors, LLC | 9,160 | 15.8% |
28.05 | Property | 29 | 1 | Bayberry | GrayCo, Inc. | 9,672 | 21.0% | 10/31/2026 | Breeden Construction, LLC | 8,032 | 17.4% |
28.06 | Property | 1 | Highland I | Ivy Ventures, LLC | 5,310 | 11.4% | 3/31/2023 | Equitable Financial Life Insurance Company | 5,150 | 11.0% | |
28.07 | Property | 29 | 1 | Capstone | The Colony Group, LLC | 5,077 | 12.9% | 7/31/2026 | 1752 Financial, Inc./Chesapeake Group, LLC | 2,843 | 7.2% |
28.08 | Property | 1 | Forest Plaza I | Kanawha Capital Management, LLC | 4,989 | 13.7% | 5/31/2027 | Thomas Innes, Inc. T/A Re/Max Commonwealth | 4,959 | 13.7% | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | Carrell Blanton Ferris & Associates, PLC | 8,907 | 27.7% | 4/30/2026 | Nationwide Mutual Insurance Company | 4,270 | 13.3% |
28.10 | Property | 1 | Utica | Braley & Thompson, Inc. | 3,440 | 11.6% | 11/30/2022 | NAP | NAP | NAP | |
28.11 | Property | 1 | Willard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | Place for Children w Autism | 8,600 | 13.7% | 12/31/2027 | Northwest United Urology | 8,375 | 13.3% |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | |||||||
31.01 | Property | 1 | Walgreens Oneonta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31.02 | Property | 1 | Walgreens New Castle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | |||||||
32.01 | Property | 1 | 155 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | Owner Occupied | 13,488 | 37.0% | 1/31/2037 | NAP | NAP | NAP |
A-1-20
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF |
6, 28, 29 | 28, 29 | 28, 29 | 28, 29 | 6, 28, 29 | 28, 29 | 28, 29 | |||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 10/31/2049 | Citadel | 144,193 | 8.6% | 8/31/2022 | Freshfields | 139,243 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 7/31/2029 | CenturyLink Communications, LLC | 56,251 | 8.5% | 12/31/2025 | Crowell, Weedon | 43,301 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | |||||||
3.01 | Property | 1 | First National Building | 9/30/2031 | Bedrock Management Services LLC | 39,087 | 4.9% | 1/31/2032 | Mediabrands Worldwide, INC | 23,132 | |
3.02 | Property | 27 | 1 | The Qube | 6/30/2022 | Compass Group USA, Inc. | 9,930 | 1.9% | 9/30/2023 | JP Morgan Chase Bank NA | 5,544 |
3.03 | Property | 27 | 1 | Chrysler House | 5/31/2023 | Metro-West Appraisal Co., LLC | 7,848 | 2.3% | 1/31/2027 | Office of the Chapter 13 Trustee Detroit | 7,591 |
3.04 | Property | 27 | 1 | 1001 Woodward | 7/31/2025 | GalaxE Solutions, Inc. | 27,000 | 8.5% | MTM | CVS Pharmacy | 9,814 |
3.05 | Property | 1 | One Woodward | 10/31/2025 | Detroit Regional Chamber | 27,218 | 7.4% | 6/30/2023 | RFS Business Funding LLC | 15,602 | |
3.06 | Property | 1 | The Z Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.08 | Property | 1 | 1505 & 1515 Woodward | 2/28/2023 | Mastronardi-USA Distribution Services, INC | 6,052 | 4.3% | 8/31/2025 | Quikly, Inc. | 6,035 | |
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.10 | Property | 12 | 1 | The Assembly | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.12 | Property | 12 | 1 | Vinton | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.13 | Property | 1 | 1401 First Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.14 | Property | 1 | Lane Bryant Building | MTM | Twitter, Inc. | 2,734 | 8.6% | 1/31/2024 | NAP | NAP | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 1/31/2030 | Funny or Die / Posterized | 6,553 | 5.4% | 12/31/2023 | Stella Adler Studio of Acting | 6,370 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 12/31/2022 | Department of Defense | 20,250 | 4.9% | 9/5/2024 | Tesoro Refining & Marketing Company LLC | 17,883 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | |||||||
6.01 | Property | 1 | Summit Ridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Lexington Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Gateway at the Greene | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | |||||||
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.02 | Property | 1 | Walgreens, Meridian, ID | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.07 | Property | 1 | Dollar General, Ghent, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.10 | Property | 1 | Dollar General, Lenore, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.11 | Property | 1 | Family Dollar, Linden, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.12 | Property | 1 | Fresenius, Rayville, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.13 | Property | 1 | Dollar General, Burlington, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.15 | Property | 1 | Dollar General, Hinton, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.16 | Property | 1 | Dollar General, Lerona, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.17 | Property | 1 | Dollar General, Rushford, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.18 | Property | 1 | Dollar General, Walker, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.19 | Property | 1 | Dollar General, Dixie, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.23 | Property | 1 | Dollar General, Knox City, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 11/30/2029 | PetCo | 10,479 | 9.5% | 1/31/2024 | Mayuri Grocer | 9,195 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | |||||||
9.01 | Property | 1 | 800 Northwest 4th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.04 | Property | 1 | 7330 West Sherman Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.05 | Property | 12 | 1 | 821 Route 97 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.07 | Property | 1 | 3636 Medallion Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.08 | Property | 1 | 692 Wabash Avenue North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 2/29/2024 | Old Navy | 17,330 | 9.6% | 1/31/2023 | Foot Locker | 12,047 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 7/31/2024 | Diamond Scene of New York Corp. | 445 | 6.1% | 9/22/2024 | Pristine Jewelers NY Inc. | 415 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | |||||||
12.01 | Property | 29 | 1 | 285 Riverside Ave | 3/31/2027 | Balance Point Capital Advisors | 8,324 | 15.1% | 2/28/2023 | RBC Capital Markets, LLC | 7,205 |
12.02 | Property | 29 | 1 | 355 Riverside Ave | 9/30/2027 | IXM Trading, LLC | 5,082 | 12.9% | 3/31/2026 | BHMS Investments LP | 2,750 |
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 1/31/2025 | O’Reilly Auto Enterprises | 8,800 | 4.3% | 1/31/2025 | First Light Fitness Corporation | 4,267 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | |||||||
17.01 | Property | 12 | 1 | 35 Crosby Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.02 | Property | 1 | 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 28 | 1 | Townsgate Office | 2/29/2024 | InPayments Inc | 8,375 | 9.5% | 11/30/2025 | Lebow & Co | 3,347 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | |||||||
20.01 | Property | 1 | Jiffy and Dollar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.02 | Property | 1 | Main Street Shoppes | 4/30/2022 | Jashan Indian Cuisine | 3,078 | 11.9% | 4/30/2028 | Main St. Grille | 3,021 | |
20.03 | Property | 1 | Greensburg Retail Center | 4/30/2031 | AT&T | 1,360 | 15.3% | 1/31/2027 | Sports Clips | 1,158 | |
20.04 | Property | 1 | CSL Plasma | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.05 | Property | 1 | FedEx | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.06 | Property | 1 | Greenwood Med Spa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 3/31/2025 | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 5/31/2025 | System Technology Forum, Ltd. | 10,498 | 6.1% | 12/31/2022 | Tidewater Communications, LLC | 10,490 |
23 | Loan | 19 | 1 | Apple Glen Crossing | 1/31/2026 | Shoe Carnival | 10,000 | 6.7% | 1/31/2029 | Ulta | 9,298 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 1/31/2024 | BG Retail, Inc. | 6,062 | 7.0% | 6/30/2026 | Bath & Body Works, LLC | 4,528 |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-21
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF |
27 | Loan | 29 | 1 | Lee’s Hill II | 4/30/2023 | Bay Consortium Work | 8,828 | 5.8% | 10/31/2031 | Bankser Insurance | 5,731 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | |||||||
28.01 | Property | 1 | Hillcrest | 7/31/2022 | Mason McDuffie Mortgage Corporation | 3,339 | 3.4% | 11/30/2022 | Pruitt Associates, LLC | 3,331 | |
28.02 | Property | 1 | Arrington | 11/30/2027 | Meyer Goergen P.C. | 9,423 | 10.1% | 1/31/2023 | Bryan Brothers, Inc. | 8,151 | |
28.03 | Property | 1 | Highland II | 9/30/2027 | Laboratory Corporation of America Holdings | 2,847 | 4.2% | 8/31/2026 | Grace Hospital of Virginia, LLC | 2,601 | |
28.04 | Property | 29 | 1 | Meridian | MTM | Old Republic National Insurance Company | 6,353 | 10.9% | 1/31/2025 | Pfizer Inc. | 3,451 |
28.05 | Property | 29 | 1 | Bayberry | 2/28/2025 | Kane, Jeffries & Carollo | 6,487 | 14.1% | 8/31/2030 | The Richmond Group USA, Inc. | 6,341 |
28.06 | Property | 1 | Highland I | 7/31/2023 | Herbert & Satterwhite, P.C. | 4,637 | 9.9% | 11/30/2026 | Cordell LLC | 4,236 | |
28.07 | Property | 29 | 1 | Capstone | 7/31/2023 | Kismet New Vision Holdings, LLC | 2,700 | 6.8% | 12/31/2026 | Blanchard Group, LLC | 911 |
28.08 | Property | 1 | Forest Plaza I | 5/31/2022 | Burns & McDonnell Engineering | 4,435 | 12.2% | 9/30/2022 | Baronian & Associates, P.C. | 1,913 | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | 8/31/2024 | Pineno Levin & Ford Asset Management | 2,700 | 8.4% | 6/30/2022 | Richmond Hearing Doctors, PLLC | 2,688 |
28.10 | Property | 1 | Utica | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.11 | Property | 1 | Willard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 6/30/2027 | Suburban Endocrinology & Diabetes Center | 7,606 | 12.1% | 11/30/2028 | Northwest Community Health | 5,344 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | |||||||
31.01 | Property | 1 | Walgreens Oneonta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31.02 | Property | 1 | Walgreens New Castle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | |||||||
32.01 | Property | 1 | 155 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-22
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest |
28, 29 | 6, 28, 29 | ||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 8.3% | 6/30/2026 | 11/12/2021 | NAP | 11/12/2021 | NAP | NAP | No | Fee / Leasehold |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 6.5% | 12/31/2024 | 12/3/2021 | NAP | 12/3/2021 | 12/3/2021 | 18% | Yes - AE | Fee |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | |||||||||
3.01 | Property | 1 | First National Building | 2.9% | 11/30/2024 | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.02 | Property | 27 | 1 | The Qube | 1.1% | 12/31/2026 | 9/29/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee |
3.03 | Property | 27 | 1 | Chrysler House | 2.2% | 8/31/2024 | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee |
3.04 | Property | 27 | 1 | 1001 Woodward | 3.1% | 3/31/2026 | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee |
3.05 | Property | 1 | One Woodward | 4.2% | 6/30/2022 | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Leasehold | |
3.06 | Property | 1 | The Z Garage | NAP | NAP | 9/29/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | 9/29/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.08 | Property | 1 | 1505 & 1515 Woodward | 4.3% | MTM | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.10 | Property | 12 | 1 | The Assembly | NAP | NAP | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee |
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | 10/3/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.12 | Property | 12 | 1 | Vinton | NAP | NAP | 10/4/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee |
3.13 | Property | 1 | 1401 First Street | NAP | NAP | 9/28/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
3.14 | Property | 1 | Lane Bryant Building | NAP | NAP | 10/3/2021 | NAP | 9/28/2021 | NAP | NAP | No | Fee | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 5.2% | 7/31/2030 | 1/7/2022 | NAP | 1/7/2022 | 1/7/2022 | 14% | No | Fee |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 4.3% | 10/31/2025 | 1/19/2022 | NAP | 1/19/2022 | 1/19/2022 | 16% | No | Leasehold |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | |||||||||
6.01 | Property | 1 | Summit Ridge | NAP | NAP | 12/17/2021 | NAP | 12/16/2021 | NAP | NAP | No | Fee | |
6.02 | Property | 1 | Lexington Village | NAP | NAP | 12/17/2021 | NAP | 12/17/2021 | NAP | NAP | No | Fee | |
6.03 | Property | 1 | Gateway at the Greene | NAP | NAP | 12/17/2021 | NAP | 12/17/2021 | NAP | NAP | No | Fee | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | |||||||||
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAP | NAP | 12/13/2021 | NAP | 12/13/2021 | NAP | NAP | No | Fee | |
7.02 | Property | 1 | Walgreens, Meridian, ID | NAP | NAP | 12/15/2021 | NAP | 12/15/2021 | NAP | NAP | No | Fee | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAP | NAP | 12/11/2021 | NAP | 12/13/2021 | NAP | NAP | No | Fee | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAP | NAP | 12/10/2021 | NAP | 12/13/2021 | NAP | NAP | No | Fee | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAP | NAP | 12/13/2021 | NAP | 12/14/2021 | NAP | NAP | No | Fee | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAP | NAP | 2/21/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | |
7.07 | Property | 1 | Dollar General, Ghent, WV | NAP | NAP | 1/17/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAP | NAP | 2/20/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAP | NAP | 2/22/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | |
7.10 | Property | 1 | Dollar General, Lenore, WV | NAP | NAP | 1/20/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.11 | Property | 1 | Family Dollar, Linden, AL | NAP | NAP | 9/20/2021 | NAP | 9/20/2021 | NAP | NAP | No | Fee | |
7.12 | Property | 1 | Fresenius, Rayville, LA | NAP | NAP | 9/20/2021 | NAP | 9/20/2021 | NAP | NAP | No | Fee | |
7.13 | Property | 1 | Dollar General, Burlington, WV | NAP | NAP | 1/17/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAP | NAP | 10/4/2021 | NAP | 10/4/2021 | NAP | NAP | No | Fee | |
7.15 | Property | 1 | Dollar General, Hinton, WV | NAP | NAP | 1/19/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.16 | Property | 1 | Dollar General, Lerona, WV | NAP | NAP | 1/18/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.17 | Property | 1 | Dollar General, Rushford, NY | NAP | NAP | 1/14/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.18 | Property | 1 | Dollar General, Walker, WV | NAP | NAP | 1/18/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.19 | Property | 1 | Dollar General, Dixie, WV | NAP | NAP | 1/19/2022 | NAP | 1/20/2022 | NAP | NAP | Yes - A | Fee | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAP | NAP | 1/11/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAP | NAP | 1/20/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAP | NAP | 1/10/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.23 | Property | 1 | Dollar General, Knox City, TX | NAP | NAP | 1/13/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAP | NAP | 1/14/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAP | NAP | 1/4/2022 | NAP | 1/20/2022 | NAP | NAP | No | Fee | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 8.4% | 7/31/2031 | 11/30/2021, 1/7/2022 | NAP | 1/7/2022, 1/13/2022 | 12/20/2021, 1/10/2022 | 11%, 9% | Yes - AE | Fee |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | |||||||||
9.01 | Property | 1 | 800 Northwest 4th Street | NAP | NAP | 11/4/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAP | NAP | 10/22/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAP | NAP | 11/10/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.04 | Property | 1 | 7330 West Sherman Street | NAP | NAP | 11/8/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.05 | Property | 12 | 1 | 821 Route 97 | NAP | NAP | 11/3/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAP | NAP | 10/21/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.07 | Property | 1 | 3636 Medallion Avenue | NAP | NAP | 11/3/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.08 | Property | 1 | 692 Wabash Avenue North | NAP | NAP | 11/2/2021 | NAP | 2/10/2022 | NAP | NAP | No | Fee | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAP | NAP | 11/11/2021 | NAP | 2/10/2022 | NAP | NAP | Yes - AE | Fee | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 6.7% | 11/30/2031 | 12/20/2021 | NAP | 12/20/2021 | NAP | NAP | No | Fee |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 5.6% | 7/7/2024 | 10/21/2021 | NAP | 10/25/2021 | NAP | NAP | No | Fee |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | |||||||||
12.01 | Property | 29 | 1 | 285 Riverside Ave | 13.0% | 5/31/2032 | 12/3/2021 | NAP | 12/2/2021 | NAP | NAP | Yes - AE | Fee |
12.02 | Property | 29 | 1 | 355 Riverside Ave | 7.0% | 4/30/2026 | 12/3/2021 | NAP | 12/2/2021 | NAP | NAP | Yes - AE | Fee |
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | 1/18/2022 | NAP | 1/28/2022 | NAP | NAP | No | Fee |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 2.1% | 12/31/2031 | 11/24/2021 | NAP | 11/24/2021 | 11/24/2021 | 4% | No | Fee |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP | NAP | 9/20/2021 | NAP | 9/20/2021 | NAP | NAP | No | Fee |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | NAP | NAP | 12/10/2021 | NAP | 12/6/2021 | 12/6/2021 | 16% | No | Fee / Leasehold |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | |||||||||
17.01 | Property | 12 | 1 | 35 Crosby Street | NAP | NAP | 12/10/2021 | NAP | 12/9/2021 | NAP | NAP | No | Fee |
17.02 | Property | 1 | 70 Carmine Street | NAP | NAP | 12/10/2021 | NAP | 12/9/2021 | NAP | NAP | No | Fee | |
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | 2/8/2022 | NAP | 2/8/2022 | NAP | NAP | No | Fee |
19 | Loan | 28 | 1 | Townsgate Office | 3.8% | 7/31/2025 | 2/8/2022 | NAP | 12/2/2021 | 11/24/2021 | 14% | No | Fee |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | |||||||||
20.01 | Property | 1 | Jiffy and Dollar | NAP | NAP | 12/16/2021 | NAP | 12/10/2021 | NAP | NAP | No | Fee | |
20.02 | Property | 1 | Main Street Shoppes | 11.7% | 9/30/2024 | 12/17/2021 | NAP | 12/10/2021 | NAP | NAP | No | Fee | |
20.03 | Property | 1 | Greensburg Retail Center | 13.0% | 6/30/2029 | 12/16/2021 | NAP | 12/10/2021 | NAP | NAP | No | Fee | |
20.04 | Property | 1 | CSL Plasma | NAP | NAP | 12/16/2021 | NAP | 12/16/2021 | NAP | NAP | No | Fee | |
20.05 | Property | 1 | FedEx | NAP | NAP | 12/10/2021 | NAP | 12/10/2021 | NAP | NAP | No | Fee | |
20.06 | Property | 1 | Greenwood Med Spa | NAP | NAP | 12/16/2021 | NAP | 12/10/2021 | NAP | NAP | No | Fee | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP | NAP | 1/20/2022 | NAP | 1/20/2022 | 1/20/2022 | 15% | No | Fee |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 6.1% | 10/31/2024 | 12/8/2021 | NAP | 1/3/2022 | NAP | NAP | No | Fee |
23 | Loan | 19 | 1 | Apple Glen Crossing | 6.2% | 2/28/2032 | 11/19/2021 | NAP | 11/19/2021 | NAP | NAP | No | Fee |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 5.2% | 1/31/2029 | 2/16/2022 | NAP | 2/16/2022 | NAP | NAP | No | Fee |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | 2/8/2022 | NAP | 2/8/2022 | NAP | NAP | No | Fee |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | NAP | 1/5/2022 | NAP | 1/4/2022 | NAP | NAP | No | Fee |
A-1-23
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest |
27 | Loan | 29 | 1 | Lee’s Hill II | 3.8% | 6/30/2024 | 1/19/2022 | NAP | 1/19/2022 | NAP | NAP | No | Fee |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | |||||||||
28.01 | Property | 1 | Hillcrest | 3.4% | 10/31/2022 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
28.02 | Property | 1 | Arrington | 8.7% | 1/31/2024 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
28.03 | Property | 1 | Highland II | 3.8% | 6/30/2022 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
28.04 | Property | 29 | 1 | Meridian | 5.9% | 6/30/2025 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee |
28.05 | Property | 29 | 1 | Bayberry | 13.8% | MTM | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee |
28.06 | Property | 1 | Highland I | 9.1% | 6/30/2023 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
28.07 | Property | 29 | 1 | Capstone | 2.3% | 8/31/2024 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee |
28.08 | Property | 1 | Forest Plaza I | 5.3% | 6/30/2023 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | 8.4% | 11/30/2027 | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee |
28.10 | Property | 1 | Utica | NAP | NAP | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
28.11 | Property | 1 | Willard | NAP | NAP | 11/29/2021 | NAP | 11/29/2021 | NAP | NAP | No | Fee | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 8.5% | 12/15/2023 | 1/17/2022 | NAP | 1/17/2022 | NAP | NAP | No | Fee |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | 1/31/2022 | NAP | 1/31/2022 | NAP | NAP | No | Fee |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | |||||||||
31.01 | Property | 1 | Walgreens Oneonta | NAP | NAP | 2/22/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | |
31.02 | Property | 1 | Walgreens New Castle | NAP | NAP | 2/22/2022 | NAP | 2/22/2022 | NAP | NAP | No | Fee | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | |||||||||
32.01 | Property | 1 | 155 5th Avenue | NAP | NAP | 2/16/2022 | NAP | 2/16/2022 | NAP | NAP | No | Fee | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAP | NAP | 2/16/2022 | NAP | 2/16/2022 | NAP | NAP | No | Fee |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | 12/26/2019 | NAP | 12/26/2019 | NAP | NAP | No | Fee |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | 1/26/2022 | NAP | 2/1/2022 | NAP | NAP | No | Fee |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | 1/28/2022 | NAP | 1/26/2022 | 2/8/2022 | 18% | No | Fee |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | 1/31/2022 | NAP | 1/26/2022 | NAP | NAP | No | Fee | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | 2/2/2022 | NAP | 1/31/2022 | NAP | NAP | Yes - AE | Fee |
A-1-24
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) |
26 | 26 | 26 | 26 | ||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 4/30/2036 | None | 901,254 | Yes | 0 | Springing | 0 | Springing | 0 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 1,696,002 | 424,000 | 0 | Springing | 62,336 | ||||
3.01 | Property | 1 | First National Building | NAP | NAP | NAP | NAP | ||||||
3.02 | Property | 27 | 1 | The Qube | NAP | NAP | NAP | NAP | |||||
3.03 | Property | 27 | 1 | Chrysler House | NAP | NAP | NAP | NAP | |||||
3.04 | Property | 27 | 1 | 1001 Woodward | NAP | NAP | NAP | NAP | |||||
3.05 | Property | 1 | One Woodward | 4/30/2040 | 5, 25-year extension options | 43,775 | No | ||||||
3.06 | Property | 1 | The Z Garage | NAP | NAP | NAP | NAP | ||||||
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | NAP | NAP | ||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | NAP | NAP | NAP | NAP | ||||||
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | NAP | NAP | ||||||
3.10 | Property | 12 | 1 | The Assembly | NAP | NAP | NAP | NAP | |||||
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | NAP | NAP | ||||||
3.12 | Property | 12 | 1 | Vinton | NAP | NAP | NAP | NAP | |||||
3.13 | Property | 1 | 1401 First Street | NAP | NAP | NAP | NAP | ||||||
3.14 | Property | 1 | Lane Bryant Building | NAP | NAP | NAP | NAP | ||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | NAP | NAP | NAP | NAP | 99,759 | 33,253 | 0 | Springing | 0 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 3/31/2113 | None | 2,985,131 | Yes | 253,034 | 126,517 | 50,600 | 25,300 | 3,000,000 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 102,174 | 34,058 | 350,988 | 38,999 | 0 | ||||
6.01 | Property | 1 | Summit Ridge | NAP | NAP | NAP | NAP | ||||||
6.02 | Property | 1 | Lexington Village | NAP | NAP | NAP | NAP | ||||||
6.03 | Property | 1 | Gateway at the Greene | NAP | NAP | NAP | NAP | ||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 49,723 | 16,574 | 28,293 | 2,176 | 308,654 | ||||
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAP | NAP | NAP | NAP | ||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | NAP | NAP | NAP | NAP | ||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAP | NAP | NAP | NAP | ||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAP | NAP | NAP | NAP | ||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAP | NAP | NAP | NAP | ||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAP | NAP | NAP | NAP | ||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | NAP | NAP | NAP | NAP | ||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAP | NAP | NAP | NAP | ||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAP | NAP | NAP | NAP | ||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | NAP | NAP | NAP | NAP | ||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | NAP | NAP | NAP | NAP | ||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | NAP | NAP | NAP | NAP | ||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | NAP | NAP | NAP | NAP | ||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAP | NAP | NAP | NAP | ||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | NAP | NAP | NAP | NAP | ||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | NAP | NAP | NAP | NAP | ||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | NAP | NAP | NAP | NAP | ||||||
7.18 | Property | 1 | Dollar General, Walker, WV | NAP | NAP | NAP | NAP | ||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | NAP | NAP | NAP | NAP | ||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAP | NAP | NAP | NAP | ||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAP | NAP | NAP | NAP | ||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAP | NAP | NAP | NAP | ||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | NAP | NAP | NAP | NAP | ||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAP | NAP | NAP | NAP | ||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAP | NAP | NAP | NAP | ||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAP | NAP | NAP | NAP | 0 | 38,829 | 0 | Springing | 374,315 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 0 | Springing | 0 | Springing | 0 | ||||
9.01 | Property | 1 | 800 Northwest 4th Street | NAP | NAP | NAP | NAP | ||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAP | NAP | NAP | NAP | ||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAP | NAP | NAP | NAP | ||||||
9.04 | Property | 1 | 7330 West Sherman Street | NAP | NAP | NAP | NAP | ||||||
9.05 | Property | 12 | 1 | 821 Route 97 | NAP | NAP | NAP | NAP | |||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAP | NAP | NAP | NAP | ||||||
9.07 | Property | 1 | 3636 Medallion Avenue | NAP | NAP | NAP | NAP | ||||||
9.08 | Property | 1 | 692 Wabash Avenue North | NAP | NAP | NAP | NAP | ||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAP | NAP | NAP | NAP | ||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | NAP | NAP | NAP | NAP | 90,580 | 22,645 | 0 | Springing | 0 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 30,785 | 30,785 | 0 | Springing | 0 | ||||
12.01 | Property | 29 | 1 | 285 Riverside Ave | NAP | NAP | NAP | NAP | |||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | NAP | NAP | NAP | NAP | |||||
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | NAP | NAP | 159,396 | 53,132 | 73,391 | 18,348 | 0 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | NAP | NAP | NAP | NAP | 38,732 | 6,455 | 40,704 | 4,523 | 0 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP | NAP | NAP | NAP | 525,310 | 525,310 | 90,983 | 22,746 | 0 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 12/31/2031 | 3, 10-year extension options | 100,000 | No | 0 | Springing | 0 | Springing | 0 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 57,913 | 19,304 | 18,078 | 1,808 | 0 | ||||
17.01 | Property | 12 | 1 | 35 Crosby Street | NAP | NAP | NAP | NAP | |||||
17.02 | Property | 1 | 70 Carmine Street | NAP | NAP | NAP | NAP | ||||||
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | 10,367 | 10,367 | 0 | Springing | 458 |
19 | Loan | 28 | 1 | Townsgate Office | NAP | NAP | NAP | NAP | 17,501 | 17,501 | 6,205 | 3,103 | 565,000 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 78,600 | 12,274 | 4,963 | 2,481 | 0 | ||||
20.01 | Property | 1 | Jiffy and Dollar | NAP | NAP | NAP | NAP | ||||||
20.02 | Property | 1 | Main Street Shoppes | NAP | NAP | NAP | NAP | ||||||
20.03 | Property | 1 | Greensburg Retail Center | NAP | NAP | NAP | NAP | ||||||
20.04 | Property | 1 | CSL Plasma | NAP | NAP | NAP | NAP | ||||||
20.05 | Property | 1 | FedEx | NAP | NAP | NAP | NAP | ||||||
20.06 | Property | 1 | Greenwood Med Spa | NAP | NAP | NAP | NAP | ||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP | NAP | NAP | NAP | 0 | 18,425 | 0 | Springing | 0 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | NAP | NAP | NAP | NAP | 21,362 | 21,362 | 0 | Springing | 152,000 |
23 | Loan | 19 | 1 | Apple Glen Crossing | NAP | NAP | NAP | NAP | 164,376 | 25,913 | 0 | Springing | 0 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAP | NAP | NAP | NAP | 84,067 | 28,022 | 0 | Springing | 1,086 |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | 0 | 24,191 | 0 | 19,743 | 0 |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | NAP | NAP | NAP | 20,807 | 20,807 | 29,325 | 3,666 | 0 |
A-1-25
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) |
27 | Loan | 29 | 1 | Lee’s Hill II | NAP | NAP | NAP | NAP | 74,802 | 12,467 | 0 | Springing | 630,140 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 62,266 | 62,266 | 22,796 | 11,398 | 0 | ||||
28.01 | Property | 1 | Hillcrest | NAP | NAP | NAP | NAP | ||||||
28.02 | Property | 1 | Arrington | NAP | NAP | NAP | NAP | ||||||
28.03 | Property | 1 | Highland II | NAP | NAP | NAP | NAP | ||||||
28.04 | Property | 29 | 1 | Meridian | NAP | NAP | NAP | NAP | |||||
28.05 | Property | 29 | 1 | Bayberry | NAP | NAP | NAP | NAP | |||||
28.06 | Property | 1 | Highland I | NAP | NAP | NAP | NAP | ||||||
28.07 | Property | 29 | 1 | Capstone | NAP | NAP | NAP | NAP | |||||
28.08 | Property | 1 | Forest Plaza I | NAP | NAP | NAP | NAP | ||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | NAP | NAP | NAP | NAP | |||||
28.10 | Property | 1 | Utica | NAP | NAP | NAP | NAP | ||||||
28.11 | Property | 1 | Willard | NAP | NAP | NAP | NAP | ||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP | NAP | NAP | NAP | 66,301 | 33,150 | 3,150 | 1,575 | 0 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | 0 | 2,083 | 15,791 | 1,755 | 0 |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 0 | Springing | 0 | Springing | 0 | ||||
31.01 | Property | 1 | Walgreens Oneonta | NAP | NAP | NAP | NAP | ||||||
31.02 | Property | 1 | Walgreens New Castle | NAP | NAP | NAP | NAP | ||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 38,505 | 9,626 | 6,006 | 1,201 | 0 | ||||
32.01 | Property | 1 | 155 5th Avenue | NAP | NAP | NAP | NAP | ||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAP | NAP | NAP | NAP | |||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | 24,390 | 17,421 | 0 | Springing | 0 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | 0 | Springing | 2,600 | 1,300 | 0 |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | 4,479 | 4,479 | 21,637 | 2,404 | 0 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | 311 | 311 | 0 | Springing | 0 | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | NAP | NAP | 6,370 | 6,370 | 1,580 | 1,580 | 0 |
A-1-26
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) |
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | Springing | 837,829 | 0 | Springing | 10,053,948 | 0 | 0 | 0 | 0 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 62,336 | 1,469,568 | 280,690 | 280,690 | 5,000,000 | 0 | 0 | 0 | 241,558 |
3.01 | Property | 1 | First National Building | ||||||||||
3.02 | Property | 27 | 1 | The Qube | |||||||||
3.03 | Property | 27 | 1 | Chrysler House | |||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | |||||||||
3.05 | Property | 1 | One Woodward | ||||||||||
3.06 | Property | 1 | The Z Garage | ||||||||||
3.07 | Property | 1 | Two Detroit Garage | ||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||||||||||
3.09 | Property | 1 | 1001 Brush Street | ||||||||||
3.10 | Property | 12 | 1 | The Assembly | |||||||||
3.11 | Property | 1 | 419 Fort Street Garage | ||||||||||
3.12 | Property | 12 | 1 | Vinton | |||||||||
3.13 | Property | 1 | 1401 First Street | ||||||||||
3.14 | Property | 1 | Lane Bryant Building | ||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 1,734 | 0 | 0 | 5,100 | 275,425 | 0 | 0 | 0 | 0 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 6,897 | 0 | 3,500,000 | Springing | 3,500,000 | 0 | 0 | 0 | 0 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 21,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 531,675 |
6.01 | Property | 1 | Summit Ridge | ||||||||||
6.02 | Property | 1 | Lexington Village | ||||||||||
6.03 | Property | 1 | Gateway at the Greene | ||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 14,955 |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | ||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 1,712 | 41,098 | 611,698 | 13,746 | 329,895 | 0 | 0 | 0 | 0 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
9.01 | Property | 1 | 800 Northwest 4th Street | ||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | ||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | |||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | ||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | ||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 2,264 | 135,847 | 0 | 9,045 | 550,000 | 0 | 0 | 0 | 204,688 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | Springing | 0 | 0 | Springing | 73,460 | 0 | 0 | 0 | 0 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 1,577 | 0 | 0 | 11,831 | 0 | 0 | 0 | 0 | 0 |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | |||||||||
13 | Loan | 27 | 1 | Bala Woods | 5,699 | 0 | 0 | 0 | 0 | 88,458 | 0 | 0 | 0 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 3,381 | 0 | 253,595 | 8,451 | 253,595 | 0 | 0 | 0 | 17,875 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 1,218 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | Springing | 0 | 0 | 0 | 0 | 6,482,400 | 0 | 0 | 0 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 507 | 0 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 |
17.01 | Property | 12 | 1 | 35 Crosby Street | |||||||||
17.02 | Property | 1 | 70 Carmine Street | ||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | 458 | 16,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
19 | Loan | 28 | 1 | Townsgate Office | 1,104 | 0 | 750,000 | 7,361 | 353,336 | 0 | 0 | 0 | 0 |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 2,348 | 0 | 120,000 | 5,833 | 280,000 | 0 | 0 | 0 | 20,119 |
20.01 | Property | 1 | Jiffy and Dollar | ||||||||||
20.02 | Property | 1 | Main Street Shoppes | ||||||||||
20.03 | Property | 1 | Greensburg Retail Center | ||||||||||
20.04 | Property | 1 | CSL Plasma | ||||||||||
20.05 | Property | 1 | FedEx | ||||||||||
20.06 | Property | 1 | Greenwood Med Spa | ||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 1,413 | 50,879 | 500,000 | 7,067 | 755,000 | 0 | 0 | 0 | 0 |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 2,863 | 0 | 300,000 | 21,470 | 500,000 | 0 | 0 | 0 | 0 |
23 | Loan | 19 | 1 | Apple Glen Crossing | 3,632 | 100,000 | 200,000 | 15,167 | 750,000 | 0 | 0 | 0 | 0 |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 1,086 | 0 | 500,000 | 10,864 | 391,104 | 0 | 0 | 0 | 76,313 |
25 | Loan | 19 | 1 | 1500 Volta Drive | 851 | 30,651 | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
26 | Loan | 19 | 1 | Courtyard Appleton | 15,051 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-1-27
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) |
27 | Loan | 29 | 1 | Lee’s Hill II | 4,314 | 0 | 808,000 | 12,687 | 1,000,000 | 0 | 0 | 0 | 4,063 |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 12,296 | 0 | 2,500,000 | Springing | 2,500,000 | 0 | 0 | 0 | 128,054 |
28.01 | Property | 1 | Hillcrest | ||||||||||
28.02 | Property | 1 | Arrington | ||||||||||
28.03 | Property | 1 | Highland II | ||||||||||
28.04 | Property | 29 | 1 | Meridian | |||||||||
28.05 | Property | 29 | 1 | Bayberry | |||||||||
28.06 | Property | 1 | Highland I | ||||||||||
28.07 | Property | 29 | 1 | Capstone | |||||||||
28.08 | Property | 1 | Forest Plaza I | ||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |||||||||
28.10 | Property | 1 | Utica | ||||||||||
28.11 | Property | 1 | Willard | ||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 1,689 | 0 | 0 | 5,236 | 0 | 0 | 0 | 0 | 10,625 |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 188 | 0 | 0 | 165 | 0 | 0 | 0 | 0 | 0 |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
31.01 | Property | 1 | Walgreens Oneonta | ||||||||||
31.02 | Property | 1 | Walgreens New Castle | ||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 370 | 0 | 0 | 624 | 0 | 0 | 0 | 0 | 0 |
32.01 | Property | 1 | 155 5th Avenue | ||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 154 | 0 | 200,000 | 1,663 | 0 | 0 | 0 | 0 | 0 |
34 | Loan | 31 | 1 | 905 Medical Park Drive | Springing | 14,620 | 0 | Springing | 89,291 | 0 | 0 | 0 | 0 |
35 | Loan | 39 | 1 | 3097 E Ana St | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 844 | 0 | 0 | 548 | 0 | 0 | 0 | 0 | 0 | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
A-1-28
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description |
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 61,289,797 | 0 | Outstanding TI/LC Reserve ($52,315,328) and Free Rent Reserve ($8,974,469) |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 0 | 0 | NAP |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 8,870,595 | 0 | Outstanding TI/LC Reserve (Upfront: $8,392,690), Outstanding Free Rent Reserve (Upfront: $477,905) |
3.01 | Property | 1 | First National Building | ||||
3.02 | Property | 27 | 1 | The Qube | |||
3.03 | Property | 27 | 1 | Chrysler House | |||
3.04 | Property | 27 | 1 | 1001 Woodward | |||
3.05 | Property | 1 | One Woodward | ||||
3.06 | Property | 1 | The Z Garage | ||||
3.07 | Property | 1 | Two Detroit Garage | ||||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||||
3.09 | Property | 1 | 1001 Brush Street | ||||
3.10 | Property | 12 | 1 | The Assembly | |||
3.11 | Property | 1 | 419 Fort Street Garage | ||||
3.12 | Property | 12 | 1 | Vinton | |||
3.13 | Property | 1 | 1401 First Street | ||||
3.14 | Property | 1 | Lane Bryant Building | ||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 325,050 | 0 | Free Rent Reserve (Upfront: $290,049.74), Unfunded Obligations Reserve (Upfront: $35,000) |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 9,174,047 | 0 | U.S. Customs Lease Work Reserve (Upfront: $7,144,299), Unfunded Obligations Reserve (Upfront: $1,787,748), Ground Lease Reserve (Upfront: $242,000) |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 0 | 0 | NAP |
6.01 | Property | 1 | Summit Ridge | ||||
6.02 | Property | 1 | Lexington Village | ||||
6.03 | Property | 1 | Gateway at the Greene | ||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 0 | 0 | NAP |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||||
7.18 | Property | 1 | Dollar General, Walker, WV | ||||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 3,551,271 | 0 | H-Mart TI Allowance Reserve (Upfront: $2,877,691), Free Rent Reserve (Upfront: $634,763), Petco Reserve (Upfront: $38,817) |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 12,243,079 | 0 | Shearer Expansion Allowance Reserve |
9.01 | Property | 1 | 800 Northwest 4th Street | ||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||||
9.04 | Property | 1 | 7330 West Sherman Street | ||||
9.05 | Property | 12 | 1 | 821 Route 97 | |||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||||
9.07 | Property | 1 | 3636 Medallion Avenue | ||||
9.08 | Property | 1 | 692 Wabash Avenue North | ||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 1,667,565 | 0 | Free Rent Reserve (Upfront: $849,909), Unfunded Obligations Reserve (Upfront: $817,656) |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 1,551,668 | 0 | Rent Stabilization Reserve ($1,000,000), Rent Deferral Reserve ($551,667.79) |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 54,036 | 0 | Free Rent Reserve |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |||
12.02 | Property | 29 | 1 | 355 Riverside Ave | |||
13 | Loan | 27 | 1 | Bala Woods | 0 | 0 | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 387,704 | 0 | Outstanding TI/LC Reserve (Upfront: $330,163), Free Rent Reserve (Upfront: $50,837), Unfunded Obligations Reserve (Upfront: $6,704.07) |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 27,146,846 | 0 | Expansion Reserve (Upfront: $14,146,846.45), Seller Credit Reserve (Upfront: $13,000,000) |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 0 | Springing | Ground Rent Reserve |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 0 | 0 | NAP |
17.01 | Property | 12 | 1 | 35 Crosby Street | |||
17.02 | Property | 1 | 70 Carmine Street | ||||
18 | Loan | 22 | 1 | 1340 Lafayette | 0 | 0 | NAP |
19 | Loan | 28 | 1 | Townsgate Office | 70,075 | 0 | Rent Abatement Reserve |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 67,101 | 0 | Unfunded Obligations Reserve |
20.01 | Property | 1 | Jiffy and Dollar | ||||
20.02 | Property | 1 | Main Street Shoppes | ||||
20.03 | Property | 1 | Greensburg Retail Center | ||||
20.04 | Property | 1 | CSL Plasma | ||||
20.05 | Property | 1 | FedEx | ||||
20.06 | Property | 1 | Greenwood Med Spa | ||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 150,000 | 0 | MSTS Reserve |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 0 | 0 | NAP |
23 | Loan | 19 | 1 | Apple Glen Crossing | 199,717 | 0 | Unfunded Obligations Reserve |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 0 | 0 | NAP |
25 | Loan | 19 | 1 | 1500 Volta Drive | 191,667 | 15,972 | Security Deposit Reserve |
26 | Loan | 19 | 1 | Courtyard Appleton | 0 | 0 | NAP |
A-1-29
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description |
27 | Loan | 29 | 1 | Lee’s Hill II | 141,440 | 0 | Rent Credit Reserve |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 2,047,481 | 0 | Unfunded Obligations Reserve |
28.01 | Property | 1 | Hillcrest | ||||
28.02 | Property | 1 | Arrington | ||||
28.03 | Property | 1 | Highland II | ||||
28.04 | Property | 29 | 1 | Meridian | |||
28.05 | Property | 29 | 1 | Bayberry | |||
28.06 | Property | 1 | Highland I | ||||
28.07 | Property | 29 | 1 | Capstone | |||
28.08 | Property | 1 | Forest Plaza I | ||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |||
28.10 | Property | 1 | Utica | ||||
28.11 | Property | 1 | Willard | ||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 704,596 | 0 | Unfunded Obligations Reserve (Upfront: $501,000), Free Rent Reserve (Upfront: $203,596) |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 0 | 0 | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 0 | 0 | NAP |
31.01 | Property | 1 | Walgreens Oneonta | ||||
31.02 | Property | 1 | Walgreens New Castle | ||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 0 | 0 | NAP |
32.01 | Property | 1 | 155 5th Avenue | ||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 12,903 | 0 | Static Condo Charges Reserve |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 0 | 0 | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | 196,000 | 0 | Roof Replacement Reserve |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 0 | 0 | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 0 | 0 | NAP |
A-1-30
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) |
17 | 18 | ||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 0 | 0 | NAP | Springing (Residential); Hard (Commercial) | Springing | Yes | No | Yes | No |
3.01 | Property | 1 | First National Building | ||||||||||
3.02 | Property | 27 | 1 | The Qube | |||||||||
3.03 | Property | 27 | 1 | Chrysler House | |||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | |||||||||
3.05 | Property | 1 | One Woodward | ||||||||||
3.06 | Property | 1 | The Z Garage | ||||||||||
3.07 | Property | 1 | Two Detroit Garage | ||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||||||||||
3.09 | Property | 1 | 1001 Brush Street | ||||||||||
3.10 | Property | 12 | 1 | The Assembly | |||||||||
3.11 | Property | 1 | 419 Fort Street Garage | ||||||||||
3.12 | Property | 12 | 1 | Vinton | |||||||||
3.13 | Property | 1 | 1401 First Street | ||||||||||
3.14 | Property | 1 | Lane Bryant Building | ||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP |
6.01 | Property | 1 | Summit Ridge | ||||||||||
6.02 | Property | 1 | Lexington Village | ||||||||||
6.03 | Property | 1 | Gateway at the Greene | ||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | ||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 0 | 0 | NAP | Hard | In Place | Yes | Yes | Yes | No |
9.01 | Property | 1 | 800 Northwest 4th Street | ||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | ||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | |||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | ||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | ||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 0 | 0 | NAP | Soft | Springing | Yes | No | Yes | Yes |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | |||||||||
13 | Loan | 27 | 1 | Bala Woods | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 0 | 0 | NAP | Hard | Springing | Yes | Yes | Yes | No |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 0 | 0 | NAP | Soft | Springing | Yes | No | Yes | No |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP |
17.01 | Property | 12 | 1 | 35 Crosby Street | |||||||||
17.02 | Property | 1 | 70 Carmine Street | ||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | 0 | 0 | NAP | Hard | Springing | No | Yes | No | NAP |
19 | Loan | 28 | 1 | Townsgate Office | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP |
20.01 | Property | 1 | Jiffy and Dollar | ||||||||||
20.02 | Property | 1 | Main Street Shoppes | ||||||||||
20.03 | Property | 1 | Greensburg Retail Center | ||||||||||
20.04 | Property | 1 | CSL Plasma | ||||||||||
20.05 | Property | 1 | FedEx | ||||||||||
20.06 | Property | 1 | Greenwood Med Spa | ||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP |
23 | Loan | 19 | 1 | Apple Glen Crossing | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
25 | Loan | 19 | 1 | 1500 Volta Drive | 383,333 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP |
A-1-31
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) |
27 | Loan | 29 | 1 | Lee’s Hill II | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No |
28.01 | Property | 1 | Hillcrest | ||||||||||
28.02 | Property | 1 | Arrington | ||||||||||
28.03 | Property | 1 | Highland II | ||||||||||
28.04 | Property | 29 | 1 | Meridian | |||||||||
28.05 | Property | 29 | 1 | Bayberry | |||||||||
28.06 | Property | 1 | Highland I | ||||||||||
28.07 | Property | 29 | 1 | Capstone | |||||||||
28.08 | Property | 1 | Forest Plaza I | ||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |||||||||
28.10 | Property | 1 | Utica | ||||||||||
28.11 | Property | 1 | Willard | ||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
31.01 | Property | 1 | Walgreens Oneonta | ||||||||||
31.02 | Property | 1 | Walgreens New Castle | ||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP |
32.01 | Property | 1 | 155 5th Avenue | ||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
34 | Loan | 31 | 1 | 905 Medical Park Drive | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP |
A-1-32
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) |
4 | ||||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 85,000,000 | 638,300,000 | 1,505,716.31 | 1,706,226.86 | 276,700,000 | 2.79196% | 1,000,000,000 | 2,358,947.68 | 58.8% | 3.25 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 85,000,000 | 304,250,000 | 713,607.11 | 912,971.46 | NAP | NAP | 389,250,000 | 912,971.46 | 42.6% | 3.37 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 85,000,000 | 345,000,000 | 1,101,260.76 | 1,372,585.88 | NAP | NAP | 430,000,000 | 1,372,585.88 | 59.4% | 3.30 |
3.01 | Property | 1 | First National Building | |||||||||||
3.02 | Property | 27 | 1 | The Qube | ||||||||||
3.03 | Property | 27 | 1 | Chrysler House | ||||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | ||||||||||
3.05 | Property | 1 | One Woodward | |||||||||||
3.06 | Property | 1 | The Z Garage | |||||||||||
3.07 | Property | 1 | Two Detroit Garage | |||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | |||||||||||
3.09 | Property | 1 | 1001 Brush Street | |||||||||||
3.10 | Property | 12 | 1 | The Assembly | ||||||||||
3.11 | Property | 1 | 419 Fort Street Garage | |||||||||||
3.12 | Property | 12 | 1 | Vinton | ||||||||||
3.13 | Property | 1 | 1401 First Street | |||||||||||
3.14 | Property | 1 | Lane Bryant Building | |||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | Summit Ridge | |||||||||||
6.02 | Property | 1 | Lexington Village | |||||||||||
6.03 | Property | 1 | Gateway at the Greene | |||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | |||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | |||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | |||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | |||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | |||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | |||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | |||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | |||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | |||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | |||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | |||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | |||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | |||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | |||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | |||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | |||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | |||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | |||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | |||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | |||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | |||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | |||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | |||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | |||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | |||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 30,000,000 | 107,598,000 | 354,550.35 | 453,404.52 | NAP | NAP | 137,598,000 | 453,404.52 | 62.8% | 1.95 |
9.01 | Property | 1 | 800 Northwest 4th Street | |||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | |||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | |||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | |||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | ||||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | |||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | |||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | |||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | |||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 28,000,000 | 12,000,000 | 34,350.55 | 114,501.85 | NAP | NAP | 40,000,000 | 114,501.85 | 54.5% | 2.78 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | 29 | 1 | 285 Riverside Ave | ||||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | ||||||||||
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 22,167,000 | 188,500,000 | 451,994.20 | 505,147.28 | NAP | NAP | 210,667,000 | 505,147.28 | 63.8% | 3.16 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 20,000,000 | 108,000,000 | 455,793.75 | 540,200.00 | NAP | NAP | 128,000,000 | 540,200.00 | 41.8% | 3.14 |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.01 | Property | 12 | 1 | 35 Crosby Street | ||||||||||
17.02 | Property | 1 | 70 Carmine Street | |||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 28 | 1 | Townsgate Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | 1 | Jiffy and Dollar | |||||||||||
20.02 | Property | 1 | Main Street Shoppes | |||||||||||
20.03 | Property | 1 | Greensburg Retail Center | |||||||||||
20.04 | Property | 1 | CSL Plasma | |||||||||||
20.05 | Property | 1 | FedEx | |||||||||||
20.06 | Property | 1 | Greenwood Med Spa | |||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 19 | 1 | Apple Glen Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-33
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) |
27 | Loan | 29 | 1 | Lee’s Hill II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 9,000,000 | 50,000,000 | 147,013.89 | 173,476.39 | NAP | NAP | 59,000,000 | 173,476.39 | 61.7% | 2.85 |
28.01 | Property | 1 | Hillcrest | |||||||||||
28.02 | Property | 1 | Arrington | |||||||||||
28.03 | Property | 1 | Highland II | |||||||||||
28.04 | Property | 29 | 1 | Meridian | ||||||||||
28.05 | Property | 29 | 1 | Bayberry | ||||||||||
28.06 | Property | 1 | Highland I | |||||||||||
28.07 | Property | 29 | 1 | Capstone | ||||||||||
28.08 | Property | 1 | Forest Plaza I | |||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | ||||||||||
28.10 | Property | 1 | Utica | |||||||||||
28.11 | Property | 1 | Willard | |||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31.01 | Property | 1 | Walgreens Oneonta | |||||||||||
31.02 | Property | 1 | Walgreens New Castle | |||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32.01 | Property | 1 | 155 5th Avenue | |||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | ||||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-34
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) |
4 | 36 | ||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 9.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 9.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 13.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes |
3.01 | Property | 1 | First National Building | ||||||||||
3.02 | Property | 27 | 1 | The Qube | |||||||||
3.03 | Property | 27 | 1 | Chrysler House | |||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | |||||||||
3.05 | Property | 1 | One Woodward | ||||||||||
3.06 | Property | 1 | The Z Garage | ||||||||||
3.07 | Property | 1 | Two Detroit Garage | ||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||||||||||
3.09 | Property | 1 | 1001 Brush Street | ||||||||||
3.10 | Property | 12 | 1 | The Assembly | |||||||||
3.11 | Property | 1 | 419 Fort Street Garage | ||||||||||
3.12 | Property | 12 | 1 | Vinton | |||||||||
3.13 | Property | 1 | 1401 First Street | ||||||||||
3.14 | Property | 1 | Lane Bryant Building | ||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
6.01 | Property | 1 | Summit Ridge | ||||||||||
6.02 | Property | 1 | Lexington Village | ||||||||||
6.03 | Property | 1 | Gateway at the Greene | ||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | ||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 8.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
9.01 | Property | 1 | 800 Northwest 4th Street | ||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | ||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | |||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | ||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | ||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 9.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | |||||||||
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 9.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 20.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
17.01 | Property | 12 | 1 | 35 Crosby Street | |||||||||
17.02 | Property | 1 | 70 Carmine Street | ||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
19 | Loan | 28 | 1 | Townsgate Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
20.01 | Property | 1 | Jiffy and Dollar | ||||||||||
20.02 | Property | 1 | Main Street Shoppes | ||||||||||
20.03 | Property | 1 | Greensburg Retail Center | ||||||||||
20.04 | Property | 1 | CSL Plasma | ||||||||||
20.05 | Property | 1 | FedEx | ||||||||||
20.06 | Property | 1 | Greenwood Med Spa | ||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
23 | Loan | 19 | 1 | Apple Glen Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
A-1-35
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) |
27 | Loan | 29 | 1 | Lee’s Hill II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | 11.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes |
28.01 | Property | 1 | Hillcrest | ||||||||||
28.02 | Property | 1 | Arrington | ||||||||||
28.03 | Property | 1 | Highland II | ||||||||||
28.04 | Property | 29 | 1 | Meridian | |||||||||
28.05 | Property | 29 | 1 | Bayberry | |||||||||
28.06 | Property | 1 | Highland I | ||||||||||
28.07 | Property | 29 | 1 | Capstone | |||||||||
28.08 | Property | 1 | Forest Plaza I | ||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |||||||||
28.10 | Property | 1 | Utica | ||||||||||
28.11 | Property | 1 | Willard | ||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
31.01 | Property | 1 | Walgreens Oneonta | ||||||||||
31.02 | Property | 1 | Walgreens New Castle | ||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
32.01 | Property | 1 | 155 5th Avenue | ||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No |
A-1-36
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Future Debt Permitted Type |
36 | |||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | NAP |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | NAP |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | Unsecured |
3.01 | Property | 1 | First National Building | ||
3.02 | Property | 27 | 1 | The Qube | |
3.03 | Property | 27 | 1 | Chrysler House | |
3.04 | Property | 27 | 1 | 1001 Woodward | |
3.05 | Property | 1 | One Woodward | ||
3.06 | Property | 1 | The Z Garage | ||
3.07 | Property | 1 | Two Detroit Garage | ||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||
3.09 | Property | 1 | 1001 Brush Street | ||
3.10 | Property | 12 | 1 | The Assembly | |
3.11 | Property | 1 | 419 Fort Street Garage | ||
3.12 | Property | 12 | 1 | Vinton | |
3.13 | Property | 1 | 1401 First Street | ||
3.14 | Property | 1 | Lane Bryant Building | ||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | Mezzanine (Max Combined LTV of 62.4%; Min Combined DSCR of 1.78x; Intercreditor Agreement is required) |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | NAP |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | NAP |
6.01 | Property | 1 | Summit Ridge | ||
6.02 | Property | 1 | Lexington Village | ||
6.03 | Property | 1 | Gateway at the Greene | ||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | NAP |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||
7.18 | Property | 1 | Dollar General, Walker, WV | ||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAP |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | NAP |
9.01 | Property | 1 | 800 Northwest 4th Street | ||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||
9.04 | Property | 1 | 7330 West Sherman Street | ||
9.05 | Property | 12 | 1 | 821 Route 97 | |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||
9.07 | Property | 1 | 3636 Medallion Avenue | ||
9.08 | Property | 1 | 692 Wabash Avenue North | ||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | NAP |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | Mezzanine (Max Combined LTV of 55.0%; Min Combined DSCR of 2.97x; Min Combined Debt Yield of 10.15%; Intercreditor Agreement is required) |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | NAP |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |
12.02 | Property | 29 | 1 | 355 Riverside Ave | |
13 | Loan | 27 | 1 | Bala Woods | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | NAP |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | NAP |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | NAP |
17.01 | Property | 12 | 1 | 35 Crosby Street | |
17.02 | Property | 1 | 70 Carmine Street | ||
18 | Loan | 22 | 1 | 1340 Lafayette | NAP |
19 | Loan | 28 | 1 | Townsgate Office | NAP |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAP |
20.01 | Property | 1 | Jiffy and Dollar | ||
20.02 | Property | 1 | Main Street Shoppes | ||
20.03 | Property | 1 | Greensburg Retail Center | ||
20.04 | Property | 1 | CSL Plasma | ||
20.05 | Property | 1 | FedEx | ||
20.06 | Property | 1 | Greenwood Med Spa | ||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | NAP |
23 | Loan | 19 | 1 | Apple Glen Crossing | NAP |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAP |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | NAP |
A-1-37
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Future Debt Permitted Type |
27 | Loan | 29 | 1 | Lee’s Hill II | NAP |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | Mezzanine (Max Combined LTV of 75.0%; Min Combined DSCR of 2.00x; Min Combined DY of 10.0%; Intercreditor Agreement is required) |
28.01 | Property | 1 | Hillcrest | ||
28.02 | Property | 1 | Arrington | ||
28.03 | Property | 1 | Highland II | ||
28.04 | Property | 29 | 1 | Meridian | |
28.05 | Property | 29 | 1 | Bayberry | |
28.06 | Property | 1 | Highland I | ||
28.07 | Property | 29 | 1 | Capstone | |
28.08 | Property | 1 | Forest Plaza I | ||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |
28.10 | Property | 1 | Utica | ||
28.11 | Property | 1 | Willard | ||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAP |
31.01 | Property | 1 | Walgreens Oneonta | ||
31.02 | Property | 1 | Walgreens New Castle | ||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAP |
32.01 | Property | 1 | 155 5th Avenue | ||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP |
A-1-38
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor |
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | BP/CG Center MM LLC |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | TechCore, LLC |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | Bedrock Detroit |
3.01 | Property | 1 | First National Building | ||
3.02 | Property | 27 | 1 | The Qube | |
3.03 | Property | 27 | 1 | Chrysler House | |
3.04 | Property | 27 | 1 | 1001 Woodward | |
3.05 | Property | 1 | One Woodward | ||
3.06 | Property | 1 | The Z Garage | ||
3.07 | Property | 1 | Two Detroit Garage | ||
3.08 | Property | 1 | 1505 & 1515 Woodward | ||
3.09 | Property | 1 | 1001 Brush Street | ||
3.10 | Property | 12 | 1 | The Assembly | |
3.11 | Property | 1 | 419 Fort Street Garage | ||
3.12 | Property | 12 | 1 | Vinton | |
3.13 | Property | 1 | 1401 First Street | ||
3.14 | Property | 1 | Lane Bryant Building | ||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | Richard Scott Ressler, Avraham Shemesh, and Shaul Kuba |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | Jack Sitt and Ezak Assa |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | Frank T. Sinito |
6.01 | Property | 1 | Summit Ridge | ||
6.02 | Property | 1 | Lexington Village | ||
6.03 | Property | 1 | Gateway at the Greene | ||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | Erik Conrad |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | ||
7.02 | Property | 1 | Walgreens, Meridian, ID | ||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | ||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | ||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | ||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | ||
7.07 | Property | 1 | Dollar General, Ghent, WV | ||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | ||
7.09 | Property | 1 | Fresenius, Belzoni, MS | ||
7.10 | Property | 1 | Dollar General, Lenore, WV | ||
7.11 | Property | 1 | Family Dollar, Linden, AL | ||
7.12 | Property | 1 | Fresenius, Rayville, LA | ||
7.13 | Property | 1 | Dollar General, Burlington, WV | ||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | ||
7.15 | Property | 1 | Dollar General, Hinton, WV | ||
7.16 | Property | 1 | Dollar General, Lerona, WV | ||
7.17 | Property | 1 | Dollar General, Rushford, NY | ||
7.18 | Property | 1 | Dollar General, Walker, WV | ||
7.19 | Property | 1 | Dollar General, Dixie, WV | ||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | ||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | ||
7.22 | Property | 1 | Dollar General, Billingsley, AL | ||
7.23 | Property | 1 | Dollar General, Knox City, TX | ||
7.24 | Property | 1 | Dollar General, South Dayton, NY | ||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | ||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | Collin P. Madden |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | USRA Institutional Net Lease Fund IV, LLC |
9.01 | Property | 1 | 800 Northwest 4th Street | ||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | ||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | ||
9.04 | Property | 1 | 7330 West Sherman Street | ||
9.05 | Property | 12 | 1 | 821 Route 97 | |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | ||
9.07 | Property | 1 | 3636 Medallion Avenue | ||
9.08 | Property | 1 | 692 Wabash Avenue North | ||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | ||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | Daniel Kukes, Nikolaos Moschouris, Daniel Kukes Living Trust and Nikolaos A. Moschouris Trust Under Agreement Dated July 13, 2009 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | Prime Real Estate Holding Corp. |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | Jeffrey J. Feil |
12.01 | Property | 29 | 1 | 285 Riverside Ave | |
12.02 | Property | 29 | 1 | 355 Riverside Ave | |
13 | Loan | 27 | 1 | Bala Woods | CF Real Estate Holdings, LLC |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | Joseph W. Rich and Christopher D. Shane |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | Hana Alternative Asset Management Co., Ltd. |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | Tiffany Lam |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | Alfred Sabetfard |
17.01 | Property | 12 | 1 | 35 Crosby Street | |
17.02 | Property | 1 | 70 Carmine Street | ||
18 | Loan | 22 | 1 | 1340 Lafayette | Wildflower Ltd. LLC |
19 | Loan | 28 | 1 | Townsgate Office | Louis Edward Mellman and Garry Collett |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | Donald J. Tharp |
20.01 | Property | 1 | Jiffy and Dollar | ||
20.02 | Property | 1 | Main Street Shoppes | ||
20.03 | Property | 1 | Greensburg Retail Center | ||
20.04 | Property | 1 | CSL Plasma | ||
20.05 | Property | 1 | FedEx | ||
20.06 | Property | 1 | Greenwood Med Spa | ||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | Jeffrey C. Bermant |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | Daniel Stuzin |
23 | Loan | 19 | 1 | Apple Glen Crossing | Berengaria GW, LLC, Marcus RE Fund I, LP, Jay Peirick and Dan Sisel |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | Grand Sakwa Properties and Lormax Stern Development |
25 | Loan | 19 | 1 | 1500 Volta Drive | Mariano Weil, Federico Weil and Federico Wilensky |
26 | Loan | 19 | 1 | Courtyard Appleton | Mark Geall |
A-1-39
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor |
27 | Loan | 29 | 1 | Lee’s Hill II | Haim Joseph |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | Glen Forest Venture LLC |
28.01 | Property | 1 | Hillcrest | ||
28.02 | Property | 1 | Arrington | ||
28.03 | Property | 1 | Highland II | ||
28.04 | Property | 29 | 1 | Meridian | |
28.05 | Property | 29 | 1 | Bayberry | |
28.06 | Property | 1 | Highland I | ||
28.07 | Property | 29 | 1 | Capstone | |
28.08 | Property | 1 | Forest Plaza I | ||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | |
28.10 | Property | 1 | Utica | ||
28.11 | Property | 1 | Willard | ||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | Moshe Rothman |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | Jack Schrager and Riley Soderquist |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | Leonard Levy, Lawrence Levy and Eric Levy |
31.01 | Property | 1 | Walgreens Oneonta | ||
31.02 | Property | 1 | Walgreens New Castle | ||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | Abe Cohen |
32.01 | Property | 1 | 155 5th Avenue | ||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | Fred S. Latsko |
34 | Loan | 31 | 1 | 905 Medical Park Drive | Elizabeth G Frazier Revocable Trust, Elizabeth Frazier and Bradley Grausz |
35 | Loan | 39 | 1 | 3097 E Ana St | Mehdi Farid |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | Arizona Lipnob Estates, LLC | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | Ching Man Wong |
A-1-40
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) |
Tenants-in-common (Y/N) |
Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) |
7 | |||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | NAP | No | No | Refinance | No |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | TechCore, LLC | No | No | Refinance | No |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | Rock Backer LLC | No | No | Refinance | |
3.01 | Property | 1 | First National Building | Yes | |||||
3.02 | Property | 27 | 1 | The Qube | Yes | ||||
3.03 | Property | 27 | 1 | Chrysler House | Yes | ||||
3.04 | Property | 27 | 1 | 1001 Woodward | Yes | ||||
3.05 | Property | 1 | One Woodward | Yes | |||||
3.06 | Property | 1 | The Z Garage | Yes | |||||
3.07 | Property | 1 | Two Detroit Garage | Yes | |||||
3.08 | Property | 1 | 1505 & 1515 Woodward | Yes | |||||
3.09 | Property | 1 | 1001 Brush Street | Yes | |||||
3.10 | Property | 12 | 1 | The Assembly | Yes | ||||
3.11 | Property | 1 | 419 Fort Street Garage | Yes | |||||
3.12 | Property | 12 | 1 | Vinton | Yes | ||||
3.13 | Property | 1 | 1401 First Street | Yes | |||||
3.14 | Property | 1 | Lane Bryant Building | Yes | |||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | SKR Holdings, LLC | No | No | Refinance | No |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | Jack Sitt and Ezak Assa | No | No | Acquisition | No |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | Frank T. Sinito | No | No | Refinance | |
6.01 | Property | 1 | Summit Ridge | Yes | |||||
6.02 | Property | 1 | Lexington Village | No | |||||
6.03 | Property | 1 | Gateway at the Greene | No | |||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | Erik Conrad | Yes | No | Recapitalization | |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | No | |||||
7.02 | Property | 1 | Walgreens, Meridian, ID | No | |||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | No | |||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | Yes | |||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | No | |||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | No | |||||
7.07 | Property | 1 | Dollar General, Ghent, WV | No | |||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | No | |||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | No | |||||
7.10 | Property | 1 | Dollar General, Lenore, WV | No | |||||
7.11 | Property | 1 | Family Dollar, Linden, AL | No | |||||
7.12 | Property | 1 | Fresenius, Rayville, LA | Yes | |||||
7.13 | Property | 1 | Dollar General, Burlington, WV | No | |||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | No | |||||
7.15 | Property | 1 | Dollar General, Hinton, WV | No | |||||
7.16 | Property | 1 | Dollar General, Lerona, WV | No | |||||
7.17 | Property | 1 | Dollar General, Rushford, NY | No | |||||
7.18 | Property | 1 | Dollar General, Walker, WV | No | |||||
7.19 | Property | 1 | Dollar General, Dixie, WV | No | |||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | No | |||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | No | |||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | No | |||||
7.23 | Property | 1 | Dollar General, Knox City, TX | No | |||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | No | |||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | No | |||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | Collin P. Madden, Lynda Rae Collins, Robert D. Butler and Daryl Vander Pol | No | No | Acquisition | No |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | USRA Net Lease IV Capital Corp. | No | No | Acquisition | |
9.01 | Property | 1 | 800 Northwest 4th Street | No | |||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | No | |||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | No | |||||
9.04 | Property | 1 | 7330 West Sherman Street | No | |||||
9.05 | Property | 12 | 1 | 821 Route 97 | No | ||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | No | |||||
9.07 | Property | 1 | 3636 Medallion Avenue | Yes | |||||
9.08 | Property | 1 | 692 Wabash Avenue North | No | |||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | No | |||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | Daniel Kukes, Nikolaos Moschouris, Daniel Kukes Living Trust and Nikolaos A. Moschouris Trust Under Agreement Dated July 13, 2009 | No | No | Refinance | No |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | Ihsan Gulay | No | No | Refinance | No |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | Jeffrey J. Feil | No | No | Acquisition | |
12.01 | Property | 29 | 1 | 285 Riverside Ave | No | ||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | No | ||||
13 | Loan | 27 | 1 | Bala Woods | CF Real Estate Holdings, LLC | Yes | No | Acquisition | No |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | Joseph W. Rich and Christopher D. Shane | No | Yes | Refinance | No |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP | No | No | Refinance | No |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | Tiffany Lam | No | No | Refinance | No |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | Alfred Sabetfard | No | No | Refinance | |
17.01 | Property | 12 | 1 | 35 Crosby Street | No | ||||
17.02 | Property | 1 | 70 Carmine Street | No | |||||
18 | Loan | 22 | 1 | 1340 Lafayette | Matthew A. Dicker, Adam I Gordon and David M. Johnson | No | No | Refinance | Yes |
19 | Loan | 28 | 1 | Townsgate Office | LG TC Holdings LP | No | No | Refinance | No |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | Donald J. Tharp | No | No | Refinance | |
20.01 | Property | 1 | Jiffy and Dollar | No | |||||
20.02 | Property | 1 | Main Street Shoppes | No | |||||
20.03 | Property | 1 | Greensburg Retail Center | No | |||||
20.04 | Property | 1 | CSL Plasma | No | |||||
20.05 | Property | 1 | FedEx | Yes | |||||
20.06 | Property | 1 | Greenwood Med Spa | No | |||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | Jeffrey C. Bermant | No | No | Refinance | No |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | Daniel Stuzin | No | No | Acquisition | No |
23 | Loan | 19 | 1 | Apple Glen Crossing | Berengaria GW, LLC, Marcus RE Fund I, LP, Jay Peirick and Dan Sisel | No | No | Acquisition | No |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | Gary R. Sakwa, Christopher G. Brochert and Daniel L. Stern | No | No | Refinance | No |
25 | Loan | 19 | 1 | 1500 Volta Drive | Mariano Weil, Federico Weil and Federico Wilensky | No | No | Refinance | No |
26 | Loan | 19 | 1 | Courtyard Appleton | Mark Geall | No | No | Refinance | No |
A-1-41
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) |
Tenants-in-common (Y/N) |
Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) |
27 | Loan | 29 | 1 | Lee’s Hill II | Haim Joseph | No | No | Refinance | No |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | Jack Sitt | No | No | Acquisition | |
28.01 | Property | 1 | Hillcrest | Yes | |||||
28.02 | Property | 1 | Arrington | Yes | |||||
28.03 | Property | 1 | Highland II | Yes | |||||
28.04 | Property | 29 | 1 | Meridian | Yes | ||||
28.05 | Property | 29 | 1 | Bayberry | Yes | ||||
28.06 | Property | 1 | Highland I | Yes | |||||
28.07 | Property | 29 | 1 | Capstone | Yes | ||||
28.08 | Property | 1 | Forest Plaza I | Yes | |||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | Yes | ||||
28.10 | Property | 1 | Utica | No | |||||
28.11 | Property | 1 | Willard | No | |||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | Moshe Rothman | No | No | Acquisition | No |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | Jack Schrager and Riley Soderquist | No | No | Refinance | No |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | Leonard Levy, Lawrence Levy and Eric Levy | No | No | Acquisition | |
31.01 | Property | 1 | Walgreens Oneonta | Yes | |||||
31.02 | Property | 1 | Walgreens New Castle | No | |||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | Abe Cohen | No | No | Refinance | |
32.01 | Property | 1 | 155 5th Avenue | No | |||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | No | ||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | Fred S. Latsko | No | No | Refinance | No |
34 | Loan | 31 | 1 | 905 Medical Park Drive | Elizabeth G Frazier Revocable Trust, Elizabeth Frazier and Bradley Grausz | No | Yes | Acquisition | No |
35 | Loan | 39 | 1 | 3097 E Ana St | Mehdi Farid | No | No | Refinance | No |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | Arizona Lipnob Estates, LLC | No | No | Recapitalization | No | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | Ching Man Wong | No | No | Recapitalization | No |
A-1-42
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) |
8 | ||||||||||||||
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 723,300,000 | 0 | 276,700,000 | 0 | 1,000,000,000 | 618,492,902 | 0 | 13,156,127 | 0 | 368,350,972 |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 389,250,000 | 0 | 0 | 0 | 389,250,000 | 190,909,806 | 0 | 781,598 | 0 | 197,558,597 |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 430,000,000 | 0 | 0 | 0 | 430,000,000 | 331,057,990 | 0 | 4,355,049 | 11,401,181 | 83,185,780 |
3.01 | Property | 1 | First National Building | |||||||||||
3.02 | Property | 27 | 1 | The Qube | ||||||||||
3.03 | Property | 27 | 1 | Chrysler House | ||||||||||
3.04 | Property | 27 | 1 | 1001 Woodward | ||||||||||
3.05 | Property | 1 | One Woodward | |||||||||||
3.06 | Property | 1 | The Z Garage | |||||||||||
3.07 | Property | 1 | Two Detroit Garage | |||||||||||
3.08 | Property | 1 | 1505 & 1515 Woodward | |||||||||||
3.09 | Property | 1 | 1001 Brush Street | |||||||||||
3.10 | Property | 12 | 1 | The Assembly | ||||||||||
3.11 | Property | 1 | 419 Fort Street Garage | |||||||||||
3.12 | Property | 12 | 1 | Vinton | ||||||||||
3.13 | Property | 1 | 1401 First Street | |||||||||||
3.14 | Property | 1 | Lane Bryant Building | |||||||||||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 68,000,000 | 0 | 0 | 0 | 68,000,000 | 56,147,345 | 0 | 648,730 | 424,808 | 10,779,117 |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 55,575,000 | 35,958,174 | 0 | 12,432,048 | 103,965,221 | 0 | 85,500,000 | 2,487,540 | 15,977,682 | 0 |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 40,000,000 | 0 | 0 | 0 | 40,000,000 | 26,174,432 | 0 | 1,709,054 | 989,237 | 11,127,277 |
6.01 | Property | 1 | Summit Ridge | |||||||||||
6.02 | Property | 1 | Lexington Village | |||||||||||
6.03 | Property | 1 | Gateway at the Greene | |||||||||||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 35,000,000 | 25,064,960 | 0 | 0 | 60,064,960 | 0 | 58,401,676 | 1,261,659 | 401,625 | 0 |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | |||||||||||
7.02 | Property | 1 | Walgreens, Meridian, ID | |||||||||||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | |||||||||||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | |||||||||||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | |||||||||||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | |||||||||||
7.07 | Property | 1 | Dollar General, Ghent, WV | |||||||||||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | |||||||||||
7.09 | Property | 1 | Fresenius, Belzoni, MS | |||||||||||
7.10 | Property | 1 | Dollar General, Lenore, WV | |||||||||||
7.11 | Property | 1 | Family Dollar, Linden, AL | |||||||||||
7.12 | Property | 1 | Fresenius, Rayville, LA | |||||||||||
7.13 | Property | 1 | Dollar General, Burlington, WV | |||||||||||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | |||||||||||
7.15 | Property | 1 | Dollar General, Hinton, WV | |||||||||||
7.16 | Property | 1 | Dollar General, Lerona, WV | |||||||||||
7.17 | Property | 1 | Dollar General, Rushford, NY | |||||||||||
7.18 | Property | 1 | Dollar General, Walker, WV | |||||||||||
7.19 | Property | 1 | Dollar General, Dixie, WV | |||||||||||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | |||||||||||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | |||||||||||
7.22 | Property | 1 | Dollar General, Billingsley, AL | |||||||||||
7.23 | Property | 1 | Dollar General, Knox City, TX | |||||||||||
7.24 | Property | 1 | Dollar General, South Dayton, NY | |||||||||||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | |||||||||||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 34,500,000 | 8,193,329 | 0 | 0 | 42,693,329 | 0 | 37,200,000 | 956,045 | 4,537,284 | 0 |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 137,598,000 | 78,997,416 | 0 | 3,898,500 | 220,493,916 | 0 | 199,447,281 | 8,803,556 | 12,243,079 | 0 |
9.01 | Property | 1 | 800 Northwest 4th Street | |||||||||||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | |||||||||||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | |||||||||||
9.04 | Property | 1 | 7330 West Sherman Street | |||||||||||
9.05 | Property | 12 | 1 | 821 Route 97 | ||||||||||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | |||||||||||
9.07 | Property | 1 | 3636 Medallion Avenue | |||||||||||
9.08 | Property | 1 | 692 Wabash Avenue North | |||||||||||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | |||||||||||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 28,750,000 | 1,978,980 | 0 | 0 | 30,728,980 | 27,334,337 | 0 | 1,431,810 | 1,962,833 | 0 |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 40,000,000 | 1,712,393 | 0 | 0 | 41,712,393 | 40,000,341 | 0 | 160,385 | 1,551,668 | 0 |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 28,000,000 | 15,102,959 | 0 | 536,665 | 43,639,625 | 0 | 43,057,500 | 497,304 | 84,821 | 0 |
12.01 | Property | 29 | 1 | 285 Riverside Ave | ||||||||||
12.02 | Property | 29 | 1 | 355 Riverside Ave | ||||||||||
13 | Loan | 27 | 1 | Bala Woods | 27,500,000 | 32,273,638 | 0 | 231,057 | 60,004,695 | 0 | 59,000,000 | 683,449 | 321,245 | 0 |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 23,500,000 | 0 | 0 | 0 | 23,500,000 | 20,634,319 | 0 | 427,236 | 738,610 | 1,699,835 |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 210,667,000 | 0 | 0 | 0 | 210,667,000 | 169,240,404 | 0 | 1,860,338 | 27,763,140 | 11,803,118 |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | ||||||||||
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | ||||||||||
17.01 | Property | 12 | 1 | 35 Crosby Street | ||||||||||
17.02 | Property | 1 | 70 Carmine Street | |||||||||||
18 | Loan | 22 | 1 | 1340 Lafayette | ||||||||||
19 | Loan | 28 | 1 | Townsgate Office | ||||||||||
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | ||||||||||
20.01 | Property | 1 | Jiffy and Dollar | |||||||||||
20.02 | Property | 1 | Main Street Shoppes | |||||||||||
20.03 | Property | 1 | Greensburg Retail Center | |||||||||||
20.04 | Property | 1 | CSL Plasma | |||||||||||
20.05 | Property | 1 | FedEx | |||||||||||
20.06 | Property | 1 | Greenwood Med Spa | |||||||||||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | ||||||||||
22 | Loan | 33 | 1 | Greenbrier Towers I & II | ||||||||||
23 | Loan | 19 | 1 | Apple Glen Crossing | ||||||||||
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | ||||||||||
25 | Loan | 19 | 1 | 1500 Volta Drive | ||||||||||
26 | Loan | 19 | 1 | Courtyard Appleton |
A-1-43
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) |
27 | Loan | 29 | 1 | Lee’s Hill II | ||||||||||
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | ||||||||||
28.01 | Property | 1 | Hillcrest | |||||||||||
28.02 | Property | 1 | Arrington | |||||||||||
28.03 | Property | 1 | Highland II | |||||||||||
28.04 | Property | 29 | 1 | Meridian | ||||||||||
28.05 | Property | 29 | 1 | Bayberry | ||||||||||
28.06 | Property | 1 | Highland I | |||||||||||
28.07 | Property | 29 | 1 | Capstone | ||||||||||
28.08 | Property | 1 | Forest Plaza I | |||||||||||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | ||||||||||
28.10 | Property | 1 | Utica | |||||||||||
28.11 | Property | 1 | Willard | |||||||||||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | ||||||||||
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | ||||||||||
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | ||||||||||
31.01 | Property | 1 | Walgreens Oneonta | |||||||||||
31.02 | Property | 1 | Walgreens New Castle | |||||||||||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | ||||||||||
32.01 | Property | 1 | 155 5th Avenue | |||||||||||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | ||||||||||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | ||||||||||
34 | Loan | 31 | 1 | 905 Medical Park Drive | ||||||||||
35 | Loan | 39 | 1 | 3097 E Ana St | ||||||||||
36 | Loan | 1 | VA Dialysis Center - Philadelphia | |||||||||||
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial |
A-1-44
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) |
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | 0 | 1,000,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | 0 | 389,250,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | 0 | 430,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.01 | Property | 1 | First National Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.02 | Property | 27 | 1 | The Qube | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.03 | Property | 27 | 1 | Chrysler House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.04 | Property | 27 | 1 | 1001 Woodward | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.05 | Property | 1 | One Woodward | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.06 | Property | 1 | The Z Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.08 | Property | 1 | 1505 & 1515 Woodward | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.10 | Property | 12 | 1 | The Assembly | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.12 | Property | 12 | 1 | Vinton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3.13 | Property | 1 | 1401 First Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3.14 | Property | 1 | Lane Bryant Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | 0 | 68,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | 0 | 103,965,221 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | 0 | 40,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | Summit Ridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
6.02 | Property | 1 | Lexington Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
6.03 | Property | 1 | Gateway at the Greene | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | 0 | 60,064,960 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.02 | Property | 1 | Walgreens, Meridian, ID | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.07 | Property | 1 | Dollar General, Ghent, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.10 | Property | 1 | Dollar General, Lenore, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.11 | Property | 1 | Family Dollar, Linden, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.12 | Property | 1 | Fresenius, Rayville, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.13 | Property | 1 | Dollar General, Burlington, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.15 | Property | 1 | Dollar General, Hinton, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.16 | Property | 1 | Dollar General, Lerona, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.17 | Property | 1 | Dollar General, Rushford, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.18 | Property | 1 | Dollar General, Walker, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.19 | Property | 1 | Dollar General, Dixie, WV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.23 | Property | 1 | Dollar General, Knox City, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | 0 | 42,693,329 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | 0 | 220,493,916 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.01 | Property | 1 | 800 Northwest 4th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.04 | Property | 1 | 7330 West Sherman Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.05 | Property | 12 | 1 | 821 Route 97 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.07 | Property | 1 | 3636 Medallion Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.08 | Property | 1 | 692 Wabash Avenue North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
10 | Loan | 19, 30 | 1 | Hall Road Crossing | 0 | 30,728,980 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | 0 | 41,712,393 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | 0 | 43,639,625 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | 29 | 1 | 285 Riverside Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
12.02 | Property | 29 | 1 | 355 Riverside Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
13 | Loan | 27 | 1 | Bala Woods | 0 | 60,004,695 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | 0 | 23,500,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | 0 | 210,667,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | NAP | 267.71 | 170.00 | 63.5% | 273.74 | 100.71 | 36.8% | 250.16 | ||
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
17.01 | Property | 12 | 1 | 35 Crosby Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
17.02 | Property | 1 | 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
19 | Loan | 28 | 1 | Townsgate Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.01 | Property | 1 | Jiffy and Dollar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.02 | Property | 1 | Main Street Shoppes | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.03 | Property | 1 | Greensburg Retail Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.04 | Property | 1 | CSL Plasma | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.05 | Property | 1 | FedEx | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.06 | Property | 1 | Greenwood Med Spa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
22 | Loan | 33 | 1 | Greenbrier Towers I & II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
23 | Loan | 19 | 1 | Apple Glen Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26 | Loan | 19 | 1 | Courtyard Appleton | 9/12/2037 | 164.05 | 117.08 | 71.4% | 155.07 | 98.06 | 63.2% | 153.65 |
A-1-45
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) |
27 | Loan | 29 | 1 | Lee’s Hill II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28.01 | Property | 1 | Hillcrest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28.02 | Property | 1 | Arrington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28.03 | Property | 1 | Highland II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28.04 | Property | 29 | 1 | Meridian | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28.05 | Property | 29 | 1 | Bayberry | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28.06 | Property | 1 | Highland I | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28.07 | Property | 29 | 1 | Capstone | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28.08 | Property | 1 | Forest Plaza I | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28.09 | Property | 28, 29 | 1 | Forest Plaza II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28.10 | Property | 1 | Utica | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28.11 | Property | 1 | Willard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
31.01 | Property | 1 | Walgreens Oneonta | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
31.02 | Property | 1 | Walgreens New Castle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
32.01 | Property | 1 | 155 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-46
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
1 | Loan | 9, 10, 20, 24, 26, 28, 29, 32, 33, 34, 35 | 1 | 601 Lexington Avenue | NAP | NAP | NAP | NAP | NAP |
2 | Loan | 10, 14, 24, 28, 29 | 1 | One Wilshire | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 9, 10, 11, 12, 25, 26, 28, 29 | 14 | Bedrock Portfolio | NAP | NAP | NAP | NAP | NAP |
3.01 | Property | 1 | First National Building | NAP | NAP | NAP | NAP | NAP | |
3.02 | Property | 27 | 1 | The Qube | NAP | NAP | NAP | NAP | NAP |
3.03 | Property | 27 | 1 | Chrysler House | NAP | NAP | NAP | NAP | NAP |
3.04 | Property | 27 | 1 | 1001 Woodward | NAP | NAP | NAP | NAP | NAP |
3.05 | Property | 1 | One Woodward | NAP | NAP | NAP | NAP | NAP | |
3.06 | Property | 1 | The Z Garage | NAP | NAP | NAP | NAP | NAP | |
3.07 | Property | 1 | Two Detroit Garage | NAP | NAP | NAP | NAP | NAP | |
3.08 | Property | 1 | 1505 & 1515 Woodward | NAP | NAP | NAP | NAP | NAP | |
3.09 | Property | 1 | 1001 Brush Street | NAP | NAP | NAP | NAP | NAP | |
3.10 | Property | 12 | 1 | The Assembly | NAP | NAP | NAP | NAP | NAP |
3.11 | Property | 1 | 419 Fort Street Garage | NAP | NAP | NAP | NAP | NAP | |
3.12 | Property | 12 | 1 | Vinton | NAP | NAP | NAP | NAP | NAP |
3.13 | Property | 1 | 1401 First Street | NAP | NAP | NAP | NAP | NAP | |
3.14 | Property | 1 | Lane Bryant Building | NAP | NAP | NAP | NAP | NAP | |
4 | Loan | 19, 36 | 1 | Romaine & Orange Square | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 26, 28, 29 | 1 | Shoreline Square | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 11, 13, 19, 25, 33 | 3 | Millennia Portfolio | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | Summit Ridge | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Lexington Village | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Gateway at the Greene | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 11, 25, 27, 29 | 25 | InCommercial Net Lease Portfolio #5 | NAP | NAP | NAP | NAP | NAP |
7.01 | Property | 1 | Walgreens, Mount Pleasant, SC | NAP | NAP | NAP | NAP | NAP | |
7.02 | Property | 1 | Walgreens, Meridian, ID | NAP | NAP | NAP | NAP | NAP | |
7.03 | Property | 1 | Renal Care, Moncks Corner, SC | NAP | NAP | NAP | NAP | NAP | |
7.04 | Property | 1 | Tractor Supply Co, Ogdensbg, NY | NAP | NAP | NAP | NAP | NAP | |
7.05 | Property | 1 | Tractor Supply Co, Lake Ch, LA | NAP | NAP | NAP | NAP | NAP | |
7.06 | Property | 1 | Tractor Supply Co, Oconto, WI | NAP | NAP | NAP | NAP | NAP | |
7.07 | Property | 1 | Dollar General, Ghent, WV | NAP | NAP | NAP | NAP | NAP | |
7.08 | Property | 1 | Tractor Supply Co, Kewaunee, WI | NAP | NAP | NAP | NAP | NAP | |
7.09 | Property | 1 | Fresenius, Belzoni, MS | NAP | NAP | NAP | NAP | NAP | |
7.10 | Property | 1 | Dollar General, Lenore, WV | NAP | NAP | NAP | NAP | NAP | |
7.11 | Property | 1 | Family Dollar, Linden, AL | NAP | NAP | NAP | NAP | NAP | |
7.12 | Property | 1 | Fresenius, Rayville, LA | NAP | NAP | NAP | NAP | NAP | |
7.13 | Property | 1 | Dollar General, Burlington, WV | NAP | NAP | NAP | NAP | NAP | |
7.14 | Property | 1 | Family Dollar, Franklinton, LA | NAP | NAP | NAP | NAP | NAP | |
7.15 | Property | 1 | Dollar General, Hinton, WV | NAP | NAP | NAP | NAP | NAP | |
7.16 | Property | 1 | Dollar General, Lerona, WV | NAP | NAP | NAP | NAP | NAP | |
7.17 | Property | 1 | Dollar General, Rushford, NY | NAP | NAP | NAP | NAP | NAP | |
7.18 | Property | 1 | Dollar General, Walker, WV | NAP | NAP | NAP | NAP | NAP | |
7.19 | Property | 1 | Dollar General, Dixie, WV | NAP | NAP | NAP | NAP | NAP | |
7.20 | Property | 1 | Dollar General, Bay Minette, AL | NAP | NAP | NAP | NAP | NAP | |
7.21 | Property | 1 | Dollar General, Fruithurst, AL | NAP | NAP | NAP | NAP | NAP | |
7.22 | Property | 1 | Dollar General, Billingsley, AL | NAP | NAP | NAP | NAP | NAP | |
7.23 | Property | 1 | Dollar General, Knox City, TX | NAP | NAP | NAP | NAP | NAP | |
7.24 | Property | 1 | Dollar General, South Dayton, NY | NAP | NAP | NAP | NAP | NAP | |
7.25 | Property | 1 | Dollar General, Gaylesville, AL | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 11, 25, 29, 30, 40 | 1 | Redmond Community Center | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 9, 10, 11, 21, 34, 40 | 9 | Shearer’s Industrial Portfolio | NAP | NAP | NAP | NAP | NAP |
9.01 | Property | 1 | 800 Northwest 4th Street | NAP | NAP | NAP | NAP | NAP | |
9.02 | Property | 1 | 4100 Millennium Boulevard Southeast | NAP | NAP | NAP | NAP | NAP | |
9.03 | Property | 1 | 3000 East Mount Pleasant Street | NAP | NAP | NAP | NAP | NAP | |
9.04 | Property | 1 | 7330 West Sherman Street | NAP | NAP | NAP | NAP | NAP | |
9.05 | Property | 12 | 1 | 821 Route 97 | NAP | NAP | NAP | NAP | NAP |
9.06 | Property | 1 | 3200 Northern Cross Boulevard | NAP | NAP | NAP | NAP | NAP | |
9.07 | Property | 1 | 3636 Medallion Avenue | NAP | NAP | NAP | NAP | NAP | |
9.08 | Property | 1 | 692 Wabash Avenue North | NAP | NAP | NAP | NAP | NAP | |
9.09 | Property | 1 | 225 Commonwealth Avenue Extension | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 19, 30 | 1 | Hall Road Crossing | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 10, 17, 19, 24, 26, 28, 36, 39 | 1 | Gem Tower | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 19 | 2 | 285 & 355 Riverside Ave | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | 29 | 1 | 285 Riverside Ave | NAP | NAP | NAP | NAP | NAP |
12.02 | Property | 29 | 1 | 355 Riverside Ave | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 27 | 1 | Bala Woods | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 9, 19, 29, 31 | 1 | Prospector Plaza | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 10, 14, 24, 34, 37 | 1 | Novo Nordisk HQ | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 10, 19, 26, 38 | 1 | JW Marriott Desert Springs | 48.91 | 19.6% | 225.66 | 132.61 | 58.8% |
17 | Loan | 11, 25 | 2 | 35 Crosby Street and 70 Carmine Street | NAP | NAP | NAP | NAP | NAP |
17.01 | Property | 12 | 1 | 35 Crosby Street | NAP | NAP | NAP | NAP | NAP |
17.02 | Property | 1 | 70 Carmine Street | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 22 | 1 | 1340 Lafayette | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 28 | 1 | Townsgate Office | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 11, 29, 30, 40 | 6 | Tharp Portfolio | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | 1 | Jiffy and Dollar | NAP | NAP | NAP | NAP | NAP | |
20.02 | Property | 1 | Main Street Shoppes | NAP | NAP | NAP | NAP | NAP | |
20.03 | Property | 1 | Greensburg Retail Center | NAP | NAP | NAP | NAP | NAP | |
20.04 | Property | 1 | CSL Plasma | NAP | NAP | NAP | NAP | NAP | |
20.05 | Property | 1 | FedEx | NAP | NAP | NAP | NAP | NAP | |
20.06 | Property | 1 | Greenwood Med Spa | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 28, 29, 33 | 1 | Santa Barbara Tech Center | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 33 | 1 | Greenbrier Towers I & II | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 19 | 1 | Apple Glen Crossing | NAP | NAP | NAP | NAP | NAP |
24 | Loan | 13, 20, 28, 33 | 1 | Crossroads Village | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 19 | 1 | 1500 Volta Drive | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 19 | 1 | Courtyard Appleton | 94.30 | 61.4% | 136.49 | 43.21 | 31.7% |
A-1-47
Benchmark 2022-B34 Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
27 | Loan | 29 | 1 | Lee’s Hill II | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 10, 11, 19, 25, 27, 28, 36 | 11 | Glen Forest Office Portfolio | NAP | NAP | NAP | NAP | NAP |
28.01 | Property | 1 | Hillcrest | NAP | NAP | NAP | NAP | NAP | |
28.02 | Property | 1 | Arrington | NAP | NAP | NAP | NAP | NAP | |
28.03 | Property | 1 | Highland II | NAP | NAP | NAP | NAP | NAP | |
28.04 | Property | 29 | 1 | Meridian | NAP | NAP | NAP | NAP | NAP |
28.05 | Property | 29 | 1 | Bayberry | NAP | NAP | NAP | NAP | NAP |
28.06 | Property | 1 | Highland I | NAP | NAP | NAP | NAP | NAP | |
28.07 | Property | 29 | 1 | Capstone | NAP | NAP | NAP | NAP | NAP |
28.08 | Property | 1 | Forest Plaza I | NAP | NAP | NAP | NAP | NAP | |
28.09 | Property | 28, 29 | 1 | Forest Plaza II | NAP | NAP | NAP | NAP | NAP |
28.10 | Property | 1 | Utica | NAP | NAP | NAP | NAP | NAP | |
28.11 | Property | 1 | Willard | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 19 | 1 | Arlington Green Executive Plaza | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 12, 13, 27, 30, 40 | 1 | 1201 Main | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 11 | 2 | Walgreens New Castle & Oneonta | NAP | NAP | NAP | NAP | NAP |
31.01 | Property | 1 | Walgreens Oneonta | NAP | NAP | NAP | NAP | NAP | |
31.02 | Property | 1 | Walgreens New Castle | NAP | NAP | NAP | NAP | NAP | |
32 | Loan | 11 | 2 | 138 St. Marks & 155 5th Ave | NAP | NAP | NAP | NAP | NAP |
32.01 | Property | 1 | 155 5th Avenue | NAP | NAP | NAP | NAP | NAP | |
32.02 | Property | 12 | 1 | 138 Saint Marks Place | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 19, 20, 23, 26, 32 | 1 | STK Chicago | NAP | NAP | NAP | NAP | NAP |
34 | Loan | 31 | 1 | 905 Medical Park Drive | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 39 | 1 | 3097 E Ana St | NAP | NAP | NAP | NAP | NAP |
36 | Loan | 1 | VA Dialysis Center - Philadelphia | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 19, 39 | 1 | 65 Triangle Industrial | NAP | NAP | NAP | NAP | NAP |
A-1-48
Footnotes to Annex A-1
(1) | The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan. |
(2) | The Monthly Debt Service (P&I) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period. |
(3) | The open period is inclusive of the Maturity Date or Anticipated Repayment Date. |
(4) | Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) is calculated based on amortizing debt service payments (except for interest-only loans). |
(5) | Leased Occupancy (%) reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
(6) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease 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 lease. |
(7) | Property Located Within a Qualified Opportunity Zone (Y/N) reflects Mortgaged Properties that are located in qualified opportunity zones (“QOZs”) under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ. |
(8) | If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated. |
(9) | GACC—German American Capital Corporation or one of its affiliates; JPMCB—JPMorgan Chase Bank, National Association or one of its affiliates; CREFI—Citi Real Estate Funding Inc. or one of its affiliates; GSMC—Goldman Sachs Mortgage Company or one of its affiliates. With respect to Loan No. 1, 601 Lexington Avenue, the mortgage loan is part of a whole loan that was co-originated by DBR Investments Co. Limited, Morgan Stanley Bank, National Association, Wells Fargo Bank, National Association and Citi Real Estate Funding Inc. GACC is contributing note A-2-C2-1, with a Cut-off Date principal balance of $43,479,070 and CREFI is contributing note A-4-C2-1, with a Cut-off Date principal balance of $41,520,930. With respect to Loan No. 3, Bedrock Portfolio, the Mortgage Loan is part of a whole loan that was co-originated by JPMorgan Chase Bank, National Association and Starwood Mortgage Capital LLC. With respect to Loan No. 9, Shearer’s Industrial Portfolio, the Mortgage Loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA and Wells Fargo Bank, National Association. With respect to Loan No. 14, Prospector Plaza, as to which German American Capital Corporation is the Mortgage Loan Seller, such Mortgage Loan was originated by Ladder Capital Finance LLC, an unaffiliated third party. |
(10) | With respect to the pari passu loans referenced below, the Underwritten NOI DSCR, Underwritten NCF DSCR, Cut–off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (SF/Units/Rooms) ($) are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate and exclude the mezzanine debt and, in |
A-1-49
the case of any loans structured with A/B Notes, the secured subordinate debt. For additional information see the table titled “Whole Loan Control Notes and Non–Control Notes” under “Description of the Mortgage Pool—The Whole Loans—General” in this Preliminary Prospectus. ● Loan No. 1 – 601 Lexington Avenue ● Loan No. 2 – One Wilshire ● Loan No. 3 – Bedrock Portfolio ● Loan No. 9 – Shearer’s Industrial Portfolio ● Loan No. 11 – Gem Tower ● Loan No. 15 – Novo Nordisk HQ ● Loan No. 16 – JW Marriott Desert Springs ● Loan No. 28 – Glen Forest Office Portfolio | |
(11) | With respect to any Mortgaged Property securing a multi–property Mortgage Loan, the amounts listed under the headings “Original Balance ($)” and “Cut–off Date Balance ($)” reflect the Allocated Loan Amount related to such Mortgaged Property. ● Loan No. 3 – Bedrock Portfolio ● Loan No. 6 – Millennia Portfolio ● Loan No. 7 – InCommercial Net Lease Portfolio #5 ● Loan No. 9 – Shearer’s Industrial Portfolio ● Loan No. 12 – 285 & 355 Riverside Ave ● Loan No. 17 – 35 Crosby Street and 70 Carmine Street ● Loan No. 20 – Tharp Portfolio ● Loan No. 28 – Glen Forest Office Portfolio ● Loan No. 31 – Walgreens New Castle & Oneonta ● Loan No. 32 – 138 St. Marks & 155 5th Ave With respect to Loan No. 8, Redmond Community Center, the collateral totals 109,965 sq. ft. and consists of a portion of Redmond community center and the Creekside Crossing property. The allocated loan amounts for the portion of Redmond community center and the Creekside Crossing property are $21,360,450 and $13,139,550, respectively. The total purchase price of $44,200,000 includes a non-collateral parcel. The allocated price to the collateral parcels is $37,200,000. |
(12) | With respect to Loan No. 3, Bedrock Portfolio, the portfolio is comprised of five parking garage properties that include 5,036 parking stalls and two mixed use properties that include 53 multifamily units. With respect to Loan No. 3, Bedrock Portfolio, the portfolio includes 7,258 total parking stalls and 53 total multifamily units not presented in the Number of Units. With respect to Loan No. 3, Bedrock Portfolio, The Assembly Mortgaged Property is comprised of 58,192 sq. ft. of office space and 22,955 sq. ft. of retail space. The Vinton Mortgaged Property is comprised of 5,693 sq. ft. of retail space and 21 multifamily units. With respect to Loan No. 3, Bedrock Portfolio, the parking utilization for all parking garage properties has averaged over 100% since the first quarter of 2019. This data is not reflected in Annex A-1. With respect to Loan No. 9, Shearer’s Industrial Portfolio – 821 Route 97, the Mortgaged Property is currently expected to undergo an expansion increasing the square footage of the related improvements from 145,485 sq. ft. to 221,876 sq. ft. The expansion is expected to be completed by August 2022. At origination, the borrower funded a Shearer’s expansion allowance reserve in an amount equal to $12,243,079 in connection with the anticipated expansion. We cannot assure you that the expansion at the 821 Route 97 Mortgaged Property will be completed as expected or at all. With respect to Loan No. 17, 35 Crosby Street and 70 Carmine Street - 35 Crosby Street, the Mortgaged Property includes (i) 12 multifamily units totaling 7,500 sq. ft. and (ii) 1,500 sq. ft. of retail space. With respect to Loan No. 30, 1201 Main, the Mortgaged Property is a three-story apartment building containing 27 multifamily units with 3,959 sq. ft. of ground floor retail space divided between two suites, both leased to Curated Provisions, Inc. under a single lease. With respect to Loan No. 32, 138 St. Marks & 155 5th Ave - 138 Saint Marks Place, the Mortgaged Property |
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includes (i) 10 multifamily units totaling 6,300 sq. ft. and (ii) 1,600 sq. ft. of retail space. The Mortgaged Property, 155 5th Avenue, includes (i) six multifamily units totaling 6,000 sq. ft. and (ii) 1,300 sq. ft. of retail space. | |
(13) | With respect to Loan No. 6, Millennia Portfolio, as to the Gateway at the Greene Mortgaged Property, pursuant to a recorded restrictive covenant with the Ohio Housing Finance Agency related to low income housing tax credits, until 2038, 30% of the 103 units at such Mortgaged Property are required to be leased to tenants with income restricted to not more than 80% of area median gross income, and at rents restricted to rents affordable to tenants who earn 80% of area median gross income, as determined in accordance with federal regulations. With respect to Loan No. 24, Crossroads Village, an unimproved portion of the Mortgaged Property is subject to an agreement for conservation easement which prohibits the borrower from altering the surface of the easement area. See “Description of the Mortgage Pool – Use Restrictions” in the preliminary prospectus for additional information. With respect to Loan No. 30, 1201 Main, five of the 27 units at the Mortgaged Property are deed-restricted affordable units. Such affordable units must be rented to so-called “Qualified Tenants” (two units restricted to tenants at lease rates affordable to less than 80% area median income (“AMI”), two units restricted to tenants at lease rates affordable to less than 100% AMI, and one unit restricted to a tenant at a lease rate affordable to less than 120% AMI) in accordance with a declaration of deed restriction agreement entered into by the property owner with the Board of Trustees of the Town of Carbondale, Colorado and the Garfield County Housing Authority. The affordable rent restriction on such units runs with the land. |
(14) | With respect to Loan No. 2, One Wilshire, the Mortgage Loan is structured with an anticipated repayment date (“ARD”) of January 6, 2032 and a final maturity date of January 6, 2035. After the ARD, the interest rate will increase by 3.0% over the greater of (x) 2.77600% and (y) the term SOFR rate in effect on the ARD, pursuant to the One Wilshire Whole Loan documents. With respect to Loan No. 15, Novo Nordisk HQ, the whole loan is structured with an ARD of November 6, 2026 and a final maturity date of April 6, 2031. The initial interest rate for the Novo Nordisk HQ Whole Loan is 2.83800% per annum. From and after the ARD, the per annum interest rate will be equal to the greater of (i) the initial interest rate plus 2.5000% and (ii) the swap rate in effect on the ARD plus 4.19000%. |
(15) | The Administrative Cost Rate includes the respective per annum rates applicable to the calculation of the servicing fee, any sub–servicing fee, trustee/certificate administrator fee, operating advisor fee, and CREFC® license fee with respect to each Mortgage Loan. For purposes of this annex A–1, the definition of Administrative Fee Rate as it relates to any Non–Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing or any sub–servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non–Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. See the table titled “Non–Serviced Whole Loans” under “Summary of Terms—Offered Certificates—Servicing and Administration Fees” in this Preliminary Prospectus. |
(16) | Annual Debt Service ($), Monthly Debt Service ($), Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service ($), the average of such interest only payments) without regard to leap year adjustments. |
(17) | “Hard” generally means each tenant is required to transfer its rent directly to the lender–controlled lockbox account. However, with respect to hospitality properties, “Hard” means all credit card receipts are deposited directly into the lockbox by the card processing company and all over–the–counter cash and equivalents are required to be deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon the occurrence of a trigger event (as specified in the related Mortgage Loan Documents), the borrower is required to establish a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will be required to transfer its rent directly to a lender–controlled lockbox. “Soft Springing Hard” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account, but upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will |
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be required to transfer its rent directly to a lender–controlled lockbox. With respect to Loan No. 11, Gem Tower, the lockbox account is initially Soft; provided, however, during the continuance of a cash management period, the Gem Tower Whole Loan documents permit the lender to deliver notices to each tenant instructing them to directly deposit all rents into the lender-controlled lockbox account. | |
(18) | “In Place” means that related property cash flows go through a waterfall of required reserve or other payment amounts due before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan documents, In Place cash management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related Mortgage Loan documents). |
(19) | With respect to Loan No. 4, Romaine & Orange Square, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by recent leasing activity, timing of reimbursements, and several tenants paying full unabated rent after receiving COVID-19 related rent abatements or deferrals. With respect to Loan No. 6, Millennia Portfolio, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by conversion of Summit Ridge from senior housing, post-renovation lease-up of Summit Ridge and Lexington Village, and reduction in expenses and concessions. With respect to Loan No. 10, Hall Road Crossing, the increase from Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributed to the recent Amazon Fresh lease and rent steps. With respect to Loan No. 11, Gem Tower, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the expiration of rent discounts and arrears related to the COVID-19 pandemic. In connection with the COVID-19 pandemic, the borrower granted rent deferrals in the amount of approximately $3,266,000 in the aggregate to the tenants at the Mortgaged Property, of which approximately (i) $2,673,000 has been forgiven and (ii) $593,000 remains unpaid. In addition, the Gem Tower Whole Loan documents permit the borrower to grant to any tenant on an ongoing basis, without the lender’s prior consent, deferral of up to four months’ of rent in the aggregate, provided that such deferred rent is required to be repaid prior to the expiration of the term of the related lease and the borrower delivers notice to the lender of any such deferral. At origination, the borrower deposited with the lender (i) approximately $551,668 in a rent deferral reserve in connection with any deferred rent as of the origination date and (ii) $1,000,000 in a rent stabilization reserve, to be held as additional collateral until the debt yield at the Mortgaged Property is no less than 9.6% for four consecutive fiscal quarters. We cannot assure you that the Mortgaged Property will become stabilized as expected or at all. With respect to Loan No. 12, 285 & 355 Riverside Ave, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) at the 355 Riverside Ave Mortgaged Property is primarily attributable to rent steps. With respect to Loan No. 14, Prospector Plaza, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by recent leasing activity. |
With respect to Loan No. 16, JW Marriott Desert Springs, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to underwriting to average occupancy levels prior to the 2019 renovation and COVID-19 pandemic at the post-renovation ADR observed between June 2021 and November 2021. The Mortgaged Property’s 2021 performance reflects recovery from the COVID-19 pandemic as stay-at-home orders were lifted and travel began to rebound. We cannot assure you that the JW Marriott Desert Springs Mortgaged Property will revert to pre-COVID-19 performance. With respect to Loan No. 23, Apple Glen Crossing, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to two new tenants, Ulta and America’s Best Contacts & Eyeglasses, both of which executed recent leases in November 2021 and September 2021, respectively. These two tenants account for $248,644 in underwritten base rent. With respect to Loan No. 25, 1500 Volta Drive, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to rent steps. With respect to Loan No. 26, Courtyard Appleton, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the fact that the most recent period reflects months impacted by the COVID-19 pandemic. With respect to Loan No. 28, Glen Forest Office Portfolio, the increase from the Most Recent NOI ($) to Underwritten | |
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Net Operating Income ($) at the Hillcrest, Arrington, Bayberry, Highland I, Forest Plaza I and Forest Plaza II Mortgaged Properties is primarily attributable to rent steps. With respect to Loan No. 29, Arlington Green Executive Plaza, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to recent leasing and rent steps. With respect to Loan No. 33, STK Chicago, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by the single tenant paying full unabated rent after receiving COVID-19 related rent abatements and deferrals. With respect to Loan No. 37, 65 Triangle Industrial, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to rent steps. | |
(20) | The grace periods noted under “Grace Period – Late Fee (Days)” and Grace Period – Default (Days) reflect the number of days of grace before a payment default is an event of default. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A–1 to this Preliminary Prospectus. With respect to Loan No. 1, 601 Lexington Avenue, monthly debt service payments are due on the 9th of each month, with a monetary default grace period of two business days, which grace period extensions are exercisable only once in any 12-month period. With respect to Loan No. 24, Crossroads Village, the Mortgage Loan documents provide the Mortgagor with one, five-day grace period in any 12-month period for any monthly debt service payment amount or deposits to the reserve funds. With respect to Loan No. 33, STK Chicago, the loan documents provide the borrower with one five-day grace period in which no late fee is required to be paid during the term of the loan for any payments due on a payment date, other than the payment due on the maturity date. |
(21) | In certain cases, in addition to an “as–is” value, the appraisal states an “as complete”, “as–stabilized” or “hypothetical” value for the related Mortgaged Property that assumes that certain events will occur with respect to retenanting, construction, renovation or repairs at such Mortgaged Property. The Appraised Value set forth on Annex A–1 is the “as–is” value unless otherwise specified in this Preliminary Prospectus. With respect to the Mortgaged Properties that secure the Mortgage Loans listed in the following table, the respective Cut–off Date LTV Ratio was calculated using the related “as complete”, “as–stabilized” or “hypothetical” Appraised Values, as opposed to the “as–is” Appraised Values, each as set forth in the following table: |
Mortgage Loan | %
of Initial Pool Balance | Mortgage Loan Cut-off Date LTV Ratio (Other Than “As-ls”) | Mortgage
Loan LTV Ratio at Maturity (Other Than “As-ls”) | Appraised
Value (Other Than “As-Is”) | Mortgage
Loan Cut-off Date LTV Ratio (“As-ls”) | Mortgage
Loan LTV Ratio at Maturity(“As-ls”) | Appraised
Value (“As-Is”)(1) | |||||||
Shearers Industrial Portfolio(1) | 3.3% | 62.8% | 62.8% | $219,100,000 | 66.7% | 66.7% | $206,300,000 |
(1) | The aggregate Appraised Value ($) for the Shearer’s Industrial Portfolio Mortgage Loan includes the “Hypothetical Market Value As If Complete” value of $24,200,000 as of January 19, 2022 for the 821 Route 97 Mortgaged Property, which is based on the assumption that the proposed building expansion is completed as described in the building plans, on January 19, 2022. The expansion is expected to increase the square footage of the 821 Route 97 Mortgaged Property from 145,485 sq. ft. to 221,876 sq. ft., and be completed by August 2022. At origination, the borrower funded a Shearer’s expansion allowance reserve in connection with the expansion of the improvements at the 821 Route 97 Mortgaged Property, in an amount equal to $12,243,079. We cannot assure you that the expansion at the 821 Route 97 Mortgaged Property will be completed as expected or at all. The aggregate ‘as-is” value of the Shearer’s Industrial Portfolio Mortgage Loan is $206,300,000 as of various dates between January 6, 2022 and January 26, 2022, which results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 66.7%. |
(22) | With respect to Loan No. 18, 1340 Lafayette, the Number of Units reflects square footage attributable to the parcel of land (including an outdoor parking facility) which serves as collateral for the 1340 Lafayette Loan. |
(23) | Prepayment Provisions are shown from the respective Mortgage Loan First Payment Date. “L(x)” means lock–out for x payments. “D(x)” means may be defeased for x payments. “YM(x)” means may be prepaid for x payments with payment of a yield maintenance charge. |
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“YM1(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 1% of the amount prepaid. “DorYM1(x)” means may be prepaid for x payments with either defeasance or a yield maintenance charge or 1% of the amount prepaid. “O(x)” means freely prepayable for x payments, including the maturity date. Certain of the Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with a portfolio Mortgage Loan) under various circumstances, as described in this Preliminary Prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus. In addition, certain of the Mortgage Loans permit the borrower to prepay a portion of the Mortgage Loan to avoid or cure a cash sweep period due to a low debt yield or debt service coverage ratio trigger. With respect to Loan. 33, STK Chicago, pursuant to the first amendment to loan agreement dated as of March 22, 2022, the defeasance lockout expiration date was extended to August 27, 2023. Accordingly, the lockout period is approximately 41 periods. | |
(24) | With respect to Loan No. 1, 601 Lexington Avenue, the lockout period will be at least 27 payment dates beginning with and including the first payment date in February 2022. Defeasance of the 601 Lexington Avenue Whole Loan in full is permitted at any time after the first payment date following the earlier to occur of (i) December 10, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last note to be securitized. The assumed lockout period of 27 payments is based on the expected Benchmark 2022-B34 securitization closing date in April 2022. The actual lockout period may be longer. With respect to Loan No. 2, One Wilshire, the lockout period will be at least 27 payment dates beginning with and including the first payment date in February 2022. Defeasance of the One Wilshire Whole Loan in full is permitted at any time after the earlier to occur of (i) December 22, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 27 payments is based on the expected Benchmark 2022-B34 securitization closing date in April 2022. The actual lockout period may be longer. With respect to Loan No. 11, Gem Tower, the lockout period will be at least 28 payment dates beginning with and including the first payment date in January 2022. Prepayment of the Gem Tower Whole Loan in full is permitted at any time on or after the sixth day of the month that first occurs after the earlier to occur of (i) December 2, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 28 payments is based on the expected Benchmark 2022-B34 securitization closing date in April 2022. The actual lockout period may be longer. With respect to Loan No. 15, Novo Nordisk HQ, the lockout period will be at least 29 payment dates beginning with and including the first payment date in December 2021. Defeasance of the Novo Nordisk HQ Whole Loan in full is permitted at any time after the earlier to occur of (i) November 5, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last note to be securitized. The assumed lockout period of 29 payments is based on the expected Benchmark 2022-B34 securitization closing date in April 2022. The actual lockout period may be longer. |
(25) | Partial release in connection with a partial prepayment or partial defeasance or substitution or a free release is permitted for the following loans. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus for the terms of the releases. ● Loan No. 3 – Bedrock Portfolio ● Loan No. 6 – Millennia Portfolio ● Loan No. 7 – InCommercial Net Lease Portfolio #5 ● Loan No. 8 – Redmond Community Center ● Loan No. 17 – 35 Crosby Street and 70 Carmine Street ● Loan No. 28 – Glen Forest Office Portfolio (only for Mortgaged Property No. 28.03 Highland II, Mortgaged Property No. 28.10 Utica and Mortgaged Property No. 28.11 Willard) |
(26) | The following Mortgaged Properties consist, in whole or in part, of the related borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests: With respect to Loan No. 1, 601 Lexington Avenue, the mortgaged property is subject to a condominium regime |
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known as the 601 Lexington Avenue condominium. The condominium is comprised of four units. The borrowers own three of the four units in fee simple (which include 94.4% of the common elements) and a leasehold interest in a portion of the fourth unit, known as the “Church Unit.” The units owned by the borrowers include 94.4% of the common elements, which entitles them to 94 of the 100 votes in the condominium regime (together with the right to appoint 6 of 7 board members). With respect to Loan No. 3, Bedrock Portfolio, the One Woodward Avenue individual Mortgaged Property contains two separate leasehold parcels. Parcel B covers the southwest portion of the building and patio. Parcel C is covered by a lease with the City of Detroit and contains the sidewalk area around the building, including the ramp to the underground parking. With respect to Loan No. 5, Shoreline Square, the Mortgaged Property consists of a leasehold interest under a 99-year ground lease that is in place through March 2113. Terra Funding – Shoreline Square, LP is the ground lessor. The current annual ground rent is equal to approximately $2,985,131 which increases at (i) 3% annually until April 2044 and (ii) 1.5% thereafter. With respect to Loan No. 11, Gem Tower, the Mortgage Loan is secured by both the fee interest owned by Manhattan Property Development Corp. and the leasehold interest owned by IGT-City’s Property Development LLC in a retail condominium unit. The Mortgaged Property is leased in its entirety from the fee owner, Manhattan Property Development Corp., to IGT-City’s Property Development LLC pursuant to an operating lease. These two entities are the co-borrowers for the Mortgage Loan. With respect to Loan No. 16, JW Marriott Desert Springs, a portion of the collateral is held as a leasehold interest. The ground lease expires in December 2031 and has three, 10-year extension options for a fully extended expiration date in December 2061. Annual ground rent under the ground lease is fixed at $100,000. With respect to Loan No. 33, STK Chicago, the related Mortgaged Property is a commercial condominium building represented by the Kinzie State Commercial Condominium Association, which is comprised of five total units (each, an “STK Condominium Unit”). The Museum of Broadcast Communications owns four STK Condominium Units, representing an approximately 62.74% share. Pursuant to the condominium association documents, decisions are to be made by majority votes present at any meeting, with 44% unit representation and at least 2 units constituting a quorum. The related borrower owns one STK Condominium Unit, representing an approximately 37.26% share and therefore does not control the condominium board. | |
(27) | With respect to Loan No. 3, Bedrock Portfolio, three individual Mortgaged Properties, identified as The Qube, Chrysler House, and 1001 Woodward, are subject to master leases that were originally entered into for the purpose of securing historic tax credit investors. None of the historic tax credit investors remain in the ownership of the master tenants, which are now wholly owned indirectly by Detroit Real Estate Holdings Company I LLC, which directly owns each of the borrowers. Each master tenant is required to comply with single purpose entity covenants in the Bedrock Portfolio Whole Loan documents, including having independent directors. Each master tenant granted the lender a Mortgage and an Assignment of Leases and Rents on its individual property. See “Description of the Mortgage Pool—Tenant Issues—Affiliated Leases” for additional information. With respect to Loan No. 7, InCommercial Net Lease Portfolio #5, the borrower (property owner and master landlord) entered into a master lease and master leased the entire portfolio to an affiliate SPE entity, InCommercial Net Lease MT 5, LLC. The master lessee is structured as an SPE entity with 1 independent manager. The master lease is fully subordinate to the mortgage loan and is terminable by the lender upon a foreclosure or deed-in-lieu, or upon a material default under the master lease. The master lessee’s interest in the leases and rents is collaterally assigned to the borrower. For so long as the master lease is in effect, the borrower is entitled to receive only rents from the master lease, and not the underlying rents and other receipts from the InCommercial Net Lease Portfolio #5 Properties. With respect to Loan No. 13, Bala Woods, the borrower, CF Bala Woods Multifamily DST, master leases the Bala Woods property to an affiliate, CF Bala Woods Master Tenant, LLC. The Bala Woods Mortgage Loan documents require that the borrower require the master lessee be structured as an SPE entity with one independent director. The master lease is fully subordinate to the mortgage loan and is terminable by the lender upon a foreclosure or deed-in-lieu thereof, or upon a material default under the master lease. The master lessee’s interest in the leases and rents is collaterally assigned to the borrower. For so long as the master lease is in effect, the borrower is entitled to receive only rents from the master lease, and not the underlying rents and other receipts from the Bala Woods property. With respect to Loan No. 28, Glen Forest Office Portfolio, the borrowers (property owner and master lessor) entered into a master lease with Glen Forest Holdings LLC, as master lessee, which is 100% owned by Glen Forest Venture LLC. Glen Forest Venture |
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LLC is 5% owned by Glen Forest JS Member LLC as managing member and 95% owned by Glen Forest Investors Corp. Glen Forest JS Member LLC is 0.5% owned by Jack Sitt as managing member and 99.5% owned by Glen Forest JS Investors LLC. Glen Forest JS Investors LLC is 0.5% owned by Jack Sitt and 99.5% owned by various investors with no entity or individual directly or indirectly controlling more than 5% in the master lessee and Jack Sitt as sole manager. With respect to No. 30, 1201 Main, of the 27 multifamily units, 15 units are under a long term master lease to Basalt Orthopedic Surgery Center with various lease maturities from 2025 through 2027. | |
(28) | With respect to Loan No. 1, 601 Lexington Avenue, the Largest Tenant, Kirkland & Ellis (“K&E”) (36.8% of NRA), had $4,062,504 of outstanding free rent at origination. Boston Properties Limited Partnership, a Delaware limited partnership (“BPLP”), an affiliate of the borrower sponsor, provided a payment guaranty for the outstanding free rent at origination. The Third Largest Tenant, NYU (11.7% of NRA), has not yet taken occupancy of its full space, which is expected in April or May of 2022. In addition, Citadel, the Fourth Largest Tenant (8.6% of NRA), has provided notice it intends to vacate its space at its lease expiration in August 2022. With respect to Loan No. 1, 601 Lexington Avenue, the Second Largest Tenant, Citibank, is currently subleasing suites 1900 and 2100 totaling 59,978 sq. ft. (3.6% of NRA). The Fifth Largest Tenant, Freshfields, is currently subleasing suite 5510 totaling 15,932 sq. ft. (1.0% of NRA). As of the origination date, Freshfields was also publicly marketing the remainder of its leased space for sublet. With respect to Loan No. 1, 601 Lexington Avenue, the Second Largest Tenant, Citibank, has leases that expire as follows (i) floors 18 and 20 (59,978 sq. ft.) expire in December 2022, (ii) floors 19 and 21 (59,978 sq. ft.) expire in August 2023, (iii) floor 23 (29,989 sq. ft.) expires in April 2027 and (iv) floors 24 and 25 (59,978 sq. ft.) expire in April 2032. With respect to Loan No. 2, One Wilshire, the Largest Tenant, CoreSite, subleases 10,848 sq. ft. expiring on July 31, 2029 ($105.88 per sq. ft.) from GI TC One Wilshire Services, a borrower sponsor affiliate, which brings its total footprint at the Mortgaged Property to 187,533 sq. ft.. With respect to Loan No. 2, One Wilshire, the Third Largest Tenant, Verizon Global Networks (inclusive of affiliated tenant leases), leases (i) 24,283 sq. ft. expiring July 31, 2029, (ii) 18,835 sq. ft. expiring December 14, 2026, (iii) 7,905 sq. ft. expiring December 14, 2023, (iv) 4,698 sq. ft. expiring August 21, 2030, (v) 3,907 sq. ft. expiring July 15, 2025, (vi) 2,253 sq. ft. expiring April 30, 2025 and (vii) antenna space expiring July 31, 2022. The Fourth Largest Tenant, CenturyLink Communications, LLC (inclusive of affiliated tenant leases), leases (i) 35,925 sq. ft. expiring December 31, 2025, (ii) 10,318 sq. ft. expiring April 30, 2023 and (iii) 10,008 sq. ft. expiring November 30, 2026. |
With respect to Loan No. 3, Bedrock Portfolio, the Largest Tenant, Quicken Loans Inc., leases 407,050 sq. ft. of space that expire on July 31, 2028, 183,664 sq. ft. of space that expire on August 31, 2023, 156,020 sq. ft. of space that expire on March 31, 2032, 122,475 sq. ft. of space that expire on April 30, 2024 and 21,124 sq. ft. of space that expire on January 7, 2030 and 15,602 sq. ft. of space that expire on October 31, 2025. With respect to Loan No. 5, Shoreline Square, the Largest Tenant, GSA US Customs, has two leases. The lease currently in effect expires on August 9, 2022 and demises approximately 143,732 sq. ft. The second lease was entered into for the purpose of renewing a majority of the space leased to GSA US Customs (approximately 123,386 sq. ft.) and expires on August 9, 2037. The second lease will become effective upon GSA US Customs accepting its tenant improvements. There can be no assurance as to whether, or when, the second lease will come into effect. With respect to Loan No. 11, Gem Tower, the Fourth Largest Tenant, Diamond Scene of New York Corp., leases 315 sq. ft. expiring September 22, 2024 and 130 sq. ft. expiring January 20, 2025. With respect to Loan No. 19, Townsgate Office, the mortgaged property has two leases totaling 35,374 sq. ft. to Wells Fargo that are co-terminous to Wells Fargo Bank, N.A. and to Wells Fargo Clearing Services, LLC dba Wells Fargo Advisors. With respect to Loan No. 21, Santa Barbara Tech Center, the mortgaged property has two leases to Mission Support and Test Services, LLC (“MSTS”) which leases two spaces for a combined total of 56,660 sq. ft. or 66.8% of total NRA, with the 14,195 sq. ft. lease expiring in 2027 and the 42,465 sq. ft. lease expiring in 2025. With respect to Loan No. 21, Santa Barbara Tech Center, the Third Largest Tenant, Gold Crest, is currently subleasing its space totaling 5,746 sq. ft. (6.8% of NRA). The tenant is currently paying rent; however, the lender is underwriting this space as vacant. |
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With respect to Loan No. 24, Crossroads Village, the Fifth Largest Tenant, Bath & Body Works, LLC, leases 3,200 sq. ft. of space that expire on January 31, 2029 and 1,328 sq. ft. of space that is month-to-month. With respect to Loan No. 28, Glen Forest Office Portfolio - Forest Plaza II, the Second Largest Tenant, Carrell Blanton Ferris & Associates, PLC, has two leases. The lease that is currently month to month demises 582 sq. ft. The second lease that expires April 30, 2026 demises 8,325 sq. ft. | |
(29) | The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if the landlord violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with such tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if a certain percentage of the net rentable area at the Mortgaged Property is not occupied, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. With respect to Loan No. 1, 601 Lexington Avenue, the Largest Tenant, K&E has a June 30, 2027 termination option on the 32nd floor with notice by March 31, 2026 and the payment of unamortized leasing costs. Additionally, as of February 28, 2034, K&E can terminate either its highest or lowest odd number floor other than the 51st floor (one floor only). With respect to Loan No. 2, One Wilshire, the Fourth Largest Tenant, CenturyLink Communications, LLC, has the one-time right to reduce its space by 7,445 sq. ft. on June 30, 2023 with nine months’ notice and payment of a reduction fee. With respect to Loan No. 3, Bedrock Portfolio, the Fifth Largest Tenant, Coyote Logistics, has a one-time right to terminate its lease, effective as of the last day of the 70th full calendar month of its lease term, with at least nine months’ prior written notice and the payment of a termination fee in an amount equal to the sum of (i) the then unamortized brokerage commissions, tenant improvement allowance, the abatement of base rental and attorneys’ fees incurred by landlord in negotiating the lease, amortized on a straight-line basis over the initial term of the lease with interest on the unamortized balance at a rate of 6% per annum, plus (ii) an amount equal to three full calendar months’ rent at the then existing rates. With respect to Loan No. 5, Shoreline Square, the Second Largest Tenant, State of CA State Lands Commission, has the option to terminate the lease on or after February 2023 with 30-day notice. |
With respect to Loan No. 7, InCommercial Net Lease Portfolio #5, the Sole Tenant at the Walgreens, Meridian, ID Mortgaged Property, Walgreen Co., has the right to terminate its lease every five years commencing on December 31, 2030 and ending on December 31, 2055 upon six months’ prior written notice to the related landlord. With respect to Loan No. 8, Redmond Community Center, the Fourth Largest Tenant, PetCo, is paying reduced rent (equal to the lesser of 3% of the tenant’s gross sales and 50% of fixed rent, plus in either case all other charges) due to a co-tenancy triggered by Bed, Bath & Beyond in May 2021. PetCo agreed in a lease amendment to resume paying rent on May 16, 2022, in exchange for a $1.00 per sq. ft. discount on rent per year through the expiration of PetCo’s current lease term. With respect to Loan No. 12, 285 & 355 Riverside Ave – as to the 285 Riverside Ave Mortgaged Property, the Fifth Largest Tenant, RBC Capital Markets, LLC, has a one-time option to terminate its lease effective May 12, 2029 upon 365 days’ notice to the related landlord and payment of a termination fee. With respect to Loan No. 12, 285 & 355 Riverside Ave – as to the 355 Riverside Ave Mortgaged Property, (i) the Third Largest Tenant, Bluff Point Associates, has a one-time termination option effective October 1, 2024 with no earlier than 270 days’ and no later than 180 days’ notice and payment of a termination fee, (ii) the Fourth Largest Tenant, IXM Trading, LLC, has a one-time termination option effective May 31, 2024 upon 365 days’ notice and payment of a termination fee and (iii) the Fifth Largest Tenant, BHMS Investments LP, has a one-time termination option effective May 1, 2024 with no earlier than 365 days’ and no later than 270 days’ notice and payment of a $40,000 termination fee. With respect to Loan No. 14, Prospector Plaza, the Third Largest Tenant, Ross Dress for Less, Inc., has a co-tenancy tied to at least two of three stores, including a CVS store which is no longer part of the collateral, or |
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replacement stores which satisfy certain criteria, remaining open in a specified amount of space. Because the borrower does not own the CVS pad, it will not be able to control any renewal or replacement of the CVS store. | |
With respect to Loan No. 14, Prospector Plaza, the Fifth Largest Tenant, First Light Fitness Corporation (dba Anytime Fitness), which leases approximately 2.1% of the net rentable square footage, the use of the mortgaged property as a gym/fitness center violates use restrictions under a declaration of restrictions relating to the mortgaged property and under certain other leases at the mortgaged property. The Anytime Fitness lease provides that if the landlord receives a notice of default from any tenant at the mortgaged property, or from an adjacent property owner, on the grounds that the use by Anytime Fitness violates the foregoing use restrictions, the landlord will have the right to terminate the lease upon 20 days’ notice and payment of a termination fee not to exceed $100,000 to the tenant. With respect to Loan No. 20, Tharp Portfolio – as to the Greensburg Retail Center Mortgaged Property, (i) the Largest Tenant, Athletico Physical Therapy, has the one-time right to terminate its lease effective on September 30, 2026 with 12 months’ notice provided between June 2025 and September 2025, and payment of a termination fee and (ii) the Second Largest Tenant, Starbucks Coffee, has the right to terminate its lease effective on or after September 30, 2025 with 120 days’ notice. With respect to Loan No. 21, Santa Barbara Tech Center, the Largest Tenant, MSTS, has an ongoing termination right with respect to its 14,195 sq. ft. premises in Building 5540 Ekwill upon no less than 360 days’ notice of termination, and without payment of a termination fee. With respect to Loan No. 27, Lee’s Hill II, the Largest Tenant, Providence Service, may terminate its lease effective December 31, 2024 upon 12-month notice and payment of $325,000 termination fee. With respect to Loan No. 28, Glen Forest Office Portfolio – as to the Meridian Mortgaged Property, the Largest Tenant, The London Company may terminate its lease on November 30, 2029 upon nine (9) months’ prior notice to the related landlord. With respect to Loan No. 28, Glen Forest Office Portfolio – as to the Bayberry Mortgaged Property, the Largest Tenant, Virginia Estate & Trust Law has the one-time right to terminate its lease effective April 30, 2026 upon notice delivered by July 31, 2025 and payment of a termination fee. The Third Largest Tenant, Breeden Construction, LLC, has the option to terminate its least effective February 28, 2023. The termination option must be exercised no later than six months prior to termination date. With respect to Loan No. 28, Glen Forest Office Portfolio – as to the Capstone Mortgaged Property, the Fourth Largest Tenant, Kismet New Vision Holdings, LLC, has the option to terminate its lease effective December 2024 with a written notice no later than 12-month prior and payment of termination fee. With respect to Loan No. 28, Glen Forest Office Portfolio – as to the Forest Plaza II Mortgaged Property, the Fifth Largest Tenant, Richmond Hearing Doctors, PLLC, has the option to terminate its lease any time following the 62nd month anniversary of the commencement date (November 2024) by giving nine months’ notice. | |
(30) | Tenants under certain leases included in the Underwritten Net Cash Flow, Underwritten NOI and/or Occupancy may not be in physical occupancy, may not have begun paying rent or may be in negotiation. With respect to the largest 15 Mortgage Loans and certain tenants representing more than 25% of the net rentable area of a Mortgaged Property, see “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations¬—Other” in this Preliminary Prospectus. The tenants shown in Annex A–1 have signed leases but may or may not be open for business as of the Cut–off Date. With respect to Loan No. 8, Redmond Community Center, the Largest Tenant, H-Mart, is not yet in occupancy, and has a 5-month free rent period. H-Mart is permitted to extend its required opening date up to an additional 120 days if tenant is not permitted to open in any capacity due to regulations affecting its premises related to the COVID-19 pandemic or similar event. The Second Largest Tenant, Overlake Medical Clinics, is not yet in occupancy of an 11,069 sq. ft. expansion suite, which is expected to open in April 2022, as to which the tenant has a 2-month free rent period. With respect to Loan No. 10, Hall Road Crossing, the Largest Tenant, Amazon Fresh, has not yet commenced paying rent under such tenant’s lease. The rent commencement date will be the earlier of (i) the date on which Amazon Fresh opens for business with the public, and (ii) January 31, 2023. We cannot assure you that such tenant will take occupancy of its space and/or begin paying rent pursuant to its lease. |
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With respect to Loan No. 20, Tharp Portfolio – Greensburg Retail Center, the Fifth Largest Tenant, Sports Clips, has signed a lease and taken possession of its space, but is not yet open for business. We cannot assure you that Sports Clips will open for business as expected or at all. With respect to Loan No. 30, 1201 Main, the commercial tenant occupying the ground floor retail portion of the collateral, Curated Provisions Inc., has accepted its space with no outs, is currently paying full rent, and pursuant to their estoppel will be fully open for business April 1, 2022. | |
(31) | The following Mortgage Loans have one or more borrowers that own all or a portion of the related Mortgaged Property as tenants–in–common. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—– Tenancies–in–Common or Diversified Ownership” in this Preliminary Prospectus for further information. ● Loan No. 14, Prospector Plaza ● Loan No. 34 – 905 Medical Park Drive |
(32) | With respect to Loan No. 1, 601 Lexington Avenue, if the current balance of the TI/LC reserve less the outstanding TI/LC reserve and free rent reserve is equal to or greater than the TI/LC Caps ($), then no monthly deposit into the TI/LC reserve is required pursuant to the loan documents. With respect to Loan No. 33, STK Chicago, during the COVID-19 pandemic, the sole tenant, a restaurant, defaulted on payment of its rent, and three separate lease modifications were entered into deferring payment of the tenant’s rent. Pursuant to the final lease modification, rent deferrals were continued through March 2021, and approximately $472,000 in deferred rent was required to be repaid in 18 equal monthly installments commencing in October 2021. The tenant has been current on payment of its rent, including repayment of deferred rent, since October 2021 through March 2022. On May 6, 2020 a loan modification to the STK Chicago Mortgage Loan was executed, which permitted the lender to apply funds in a rollover reserve of up to $98,428 towards payment of interest on the Mortgage Loan from the payment date in May 2020 to the payment date in August 2020. The amendment further provided that a cash flow sweep would commence and excess cash flow would be deposited into the rollover reserve until all funds withdrawn from such reserve to pay interest were replenished. As of July 2021, all such funds withdrawn from the rollover reserve were replenished. In addition, during the first quarter of 2020, the STK Chicago Mortgage Loan entered into a cash management trigger period due to the debt service coverage ratio falling below 1.20x. With respect to the four most recent quarterly periods under the STK Chicago Mortgage Loan documents, ended December 31, 2021, the debt service coverage ratio calculated in accordance with the STK Chicago Mortgage Loan documents has been 0.74x, 1.21x, 1.31x, and 1.48x. Such debt service coverage ratio has been calculated on an amortizing basis. |
(33) | With respect to Loan No. 1, 601 Lexington Avenue, at origination, BPLP provided a guaranty in lieu of (i) depositing $52,315,328 into a reserve for approved leasing expenses outstanding at the time of origination and (ii) depositing $8,974,469 into a reserve for outstanding free and gap rent for six tenants. The aggregate amount guaranteed under any BPLP guaranty (when aggregated with the full amount of any letter of credit and/or cash on deposit) will be reduced as the borrowers expend funds for the purposes for which such funds would have otherwise been deposited in the applicable reserve account. With respect to Loan No. 1, 601 Lexington Avenue, the borrowers are permitted to provide a guaranty from BPLP, an affiliate of the borrowers, in lieu of all reserves, subject to certain conditions, including BPLP maintaining a senior unsecured credit rating of at least “BBB” by S&P and “Baa3” by Moody’s. The aggregate amount guaranteed under any BPLP Guaranty (when aggregated with the full amount of any letter of credit and/or cash on deposit) will be reduced as the borrowers expend funds for the purposes for which such funds would have otherwise been deposited in the applicable reserve account. With respect to Loan No. 6, Millennia Portfolio, on each payment date prior to March 2028 the borrower is required to deposit into the replacement reserve account a Monthly Replacement / FF&E Reserve ($) amount equal to approximately $21,403. On each payment date beginning in March 2028 the borrower is required to deposit approximately $32,417. With respect to Loan No. 21, Santa Barbara Tech Center, the TI/LC Caps ($) will be $755,000 prior to April 6, 2025, and will decrease to $255,000 from and after April 6, 2025. The borrower is permitted to deliver a letter of credit for the full cap amount in lieu of monthly deposits or for $500,000 to replace the $500,000 initial deposit. The letter of credit in either case is not permitted to be reduced once the cap decreases even if the cap drops below the value of the letter of credit. With respect to Loan No. 22, Greenbrier Towers I & II, the ongoing monthly leasing reserve is equal to (i) $21,470.25 until the date that is 12 months after the closing date and (ii) $14,313.50 thereafter. |
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With respect to Loan No. 24, Crossroads Village, the TI/LC Caps ($) of $391,104.00 excludes the amount deposited by the borrower at loan origination into the Upfront TI/LC Reserve ($) or any lease termination fees or other payments received by the borrower in connection with the termination of any lease at the Mortgaged Property. | |
(34) | With respect to the Mortgage Loans identified below, the lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor or (iii) to address environmental conditions or concerns. For additional information, see “Risk Factors—Risks Related to the Mortgage Loans—Adverse Environmental Conditions at or Near Mortgaged Properties May Result in Losses” and “Description of the Mortgage Pool—Mortgage Pool Characteristics—Environmental Considerations” in this Preliminary Prospectus. |
Loan No. | Mortgage Loan | Mortgage
Loan Cut-off Date Balance | %
of Initial Outstanding Pool Balance | Maximum Policy Amount | Premium
Paid in Full | Expiration Date | ||||||
1 | 601 Lexington Avenue | $85,000,000 | 9.3% | $40,000,000 | Yes | 9/15/2023 | ||||||
9 | Shearer’s Industrial Portfolio | $30,000,000 | 3.3% | $10,000,000 | Yes | 2/16/2035(1) | ||||||
15 | Novo Nordisk HQ | $22,167,000 | 2.4% | $15,000,000 | Yes | 8/11/2024 |
(1) | At origination, the borrower obtained an environmental insurance policy issued by the Great American E & S Insurance Company that names the lender as an additional insured and has a term expiring on February 16, 2032 with respect to the borrower and February 16, 2035 with respect to the lender. |
(35) |
Loan No. | Mortgage Loan | Senior Notes Cut-off Date Balance | Subordinate Notes Cut-off Date Balance | Total Mortgage Debt Cut-off Date Balance(1) | Total Senior Notes U/W NCF DSCR | Total Mortgage Debt U/W NCF DSCR(1) | Total Senior Notes Cut-off Date LTV | Total Mortgage Debt Cut-off Date LTV Ratio(1) | Total Senior Notes U/W NOI Debt Yield | Total Mortgage Debt U/W NOI Debt Yield(1) | ||||||||||
1 | 601 Lexington Avenue | $723,300,000 | $276,700,000 | $1,000,000,000 | 4.50x | 3.25x | 42.5% | 58.8% | 13.2% | 9.5% |
(1) | Includes any related pari passu companion loan(s) and subordinate secured companion loan(s), and excludes any related mezzanine loan(s). |
(36) | With respect to Loan No. 4, Romaine & Orange Square, the borrower has the right to pledge 100% of its direct equity interest subject to certain restrictions set forth in the loan documents, including, but not limited to: (1) a combined maximum LTV ratio of 62.4%, (2) a combined minimum DSCR ratio of 1.78x, (3) the maturity date is coterminous with that of the Romaine & Orange Square Loan, (4) an intercreditor agreement reasonably satisfactory to the lender, and (5) lender’s receipt of a rating agency confirmation with respect to the additional mezzanine debt. With respect to Loan No. 11, Gem Tower, an indirect owner of the borrowers is permitted to obtain mezzanine financing secured by a pledge of direct or indirect equity interests in the borrowers subject to certain conditions, including, without limitation: (i) a combined maximum loan to value ratio of 55.0%, inclusive of the additional mezzanine debt, (ii) a debt service coverage ratio at the closing of the mezzanine loan at least equal to 2.97x, inclusive of the additional mezzanine debt, (iii) the debt yield at the closing of the mezzanine loan at least equal to 10.15%, inclusive of the additional mezzanine debt and (iv) a subordination and intercreditor agreement reasonably satisfactory to the lender. With respect to Loan No. 28, Glen Forest Office Portfolio, the borrower has the right to borrow a mezzanine loan subordinate to the Glen Forest Office Portfolio Whole Loan, subject to credit and legal criteria specified in the Glen Forest Office Portfolio loan documents, including, without limitation: (i) a combined maximum loan to value ratio (based on appraisals ordered by the lender in connection with the origination of the mezzanine loan and calculated based on the outstanding principal balance of the Glen Forest Office Portfolio Whole Loan and the initial principal amount of the mezzanine loan) of 75.0%, (ii) a debt service coverage ratio at the origination of the mezzanine loan at least equal to 2.00x, in each case, inclusive of the additional mezzanine debt, (iii) the debt yield at the origination of the mezzanine loan is at least 10.0%; and (iv) an intercreditor agreement reasonably satisfactory to the lender. The lender’s receipt of a rating agency confirmation will be required in connection with the mezzanine loan. |
Mortgage Loan Name | Mortgage
Loan Cut-off Date Balance | Combined Maximum LTV Ratio | Combined Minimum DSCR | Combined Minimum Debt Yield | Intercreditor Agreement Required | |||||
Romaine & Orange Square | $68,000,000 | 62.4% | 1.78x | NAP | Yes | |||||
Gem Tower | $28,000,000 | 55.0% | 2.97x | 10.15% | Yes | |||||
Glen Forest Office Portfolio | $9,000.000 | 75.0% | 2.00x | 10.0% | Yes |
(37) | With respect to Loan No. 15, Novo Nordisk HQ, in connection with the sale of the property to the related borrower, such borrower’s sole member (the “Novo Sole Member”) entered into an earnout agreement (the “Novo Earnout |
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Agreement”) with the prior owner of the property (the “Novo Seller”) whereby the Novo Sole Member agreed to make a payment to the Novo Seller if the tenant at the property ever exercised its third expansion option under its lease (the “Novo Earnout Obligation”). The Novo Earnout Obligation is secured by a pledge of the Novo Sole Member’s 100% ownership interest in the borrower pursuant to a pledge agreement (the “Novo Earnout Pledge Agreement”). At origination, (i) the related lender funded a reserve equal to the Novo Earnout Obligation, which amount is required to be released to the Novo Seller, provided no event of default is continuing under the loan documents, as and when such amounts are due and payable under the Novo Earnout Agreement and (ii) the lender entered into a recognition agreement with the Novo Seller pursuant to which the lender agreed, among other things, (w) to send all notices under the loan documents to the Novo Seller, (x) to allow the Novo Seller to foreclose on the pledge and take over the borrower so long as a preapproved control party will own/control such borrower after foreclosure and so long as the permitted transfer provisions of the loan agreement and recognition agreement are satisfied, (y) to allow the Novo Seller to purchase the senior loan upon notice to the Novo Seller that an event of default under the loan is continuing (for payment of the full outstanding amount of the debt, including all default interest, fees and expenses) and (z) to accept payment of the monthly interest payment or any other payment obligation by the Novo Seller (as and when such payment is due and payable by the borrower) but no more than two times during the term of the Mortgage Loan. | |
(38) | With respect to Loan No. 16, JW Marriott Desert Springs, the Mortgaged Property is operated by Marriott Hotel Services, Inc. under a hotel management agreement that expires December 31, 2032 and may be automatically renewed for four successive 10-year periods. |
(39) | With respect to Loan No. 35, 3097 E Ana St, the Sole Tenant at the Mortgaged Property, International Textile Group, Inc., is an affiliate of the borrower sponsor. With respect to Loan No. 37, 65 Triangle Industrial, the Second Largest Tenant is owner occupied and occupies 13,488 sq. ft., 37.0% of net rentable area, at the Mortgaged Property. |
(40) | With respect to Loan No. 8, Redmond Community Center, historical 2019-TTM operating statements include revenues from the non-collateral parcel in the community center, therefore, historical financials are not presented. With respect to Loan No. 9, Shearer’s Industrial Portfolio, and Loan No. 20, Tharp Portfolio, one or more of the respective Mortgaged Properties are subject to a triple-net or modified gross lease with the related sole tenant and, therefore, have no or limited prior operating history and/or lack historical financial figures and information. With respect to Loan No. 20, Tharp Portfolio, one or more of the respective Mortgaged Properties were constructed, in a lease-up period or the subject of a major renovation that was completed within 12 calendar months prior to the Cut-off Date and, therefore, such Mortgaged Properties have no or limited prior operating history or the related Mortgage Loan Seller did not take the operating history into account in the underwriting of the related Mortgage Loan. With respect to Loan No. 20, Tharp Portfolio, one or more of the respective Mortgaged Properties were acquired by the related borrower or an affiliate of the borrower 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 (or provided limited historical financial information) for such acquired Mortgaged Property. With respect to Loan No. 30, 1201 Main, the mortgaged property was completed in 2021 with leasing beginning in July 2021. Accordingly, historical financials are not presented. |
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