0001539497-16-004146.txt : 20161129 0001539497-16-004146.hdr.sgml : 20161129 20161129164544 ACCESSION NUMBER: 0001539497-16-004146 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161129 DATE AS OF CHANGE: 20161129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 CENTRAL INDEX KEY: 0001690577 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-206847-04 FILM NUMBER: 162023209 BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TYRON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043862400 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28255 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Banc of America Merrill Lynch Commercial Mortgage Inc. CENTRAL INDEX KEY: 0001005007 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561950039 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TYRON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043862400 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANC OF AMERICA COMMERCIAL MORTGAGE INC DATE OF NAME CHANGE: 20000831 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSLINK FUNDING CORP DATE OF NAME CHANGE: 19951218 FWP 1 n800_x5-a1.htm FREE WRITING PROSPECTUS

 

 

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206847-04
     

 

     
 

The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-206847) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-800-294-1322 or by email to dg.Prospectus_Requests@baml.com.

This material was prepared by sales, trading, banking or other non-research personnel of one of the following (or an affiliate thereof): Merrill Lynch, Pierce, Fenner & Smith Incorporated (together with its affiliates, “BofA Merrill Lynch”), Morgan Stanley & Co. LLC, Morgan Stanley & Co. International Limited, Morgan Stanley Japan Limited and/or Morgan Stanley Dean Witter Asia Limited (together with their affiliates, hereinafter “Morgan Stanley”), KeyBanc Capital Markets Inc. (together with their affiliates, "KeyBank"), CIBC World Markets Corp.(together with its affiliates, “CIBCWM”),or Drexel Hamilton, LLC (together with its affiliates, “Drexel” and, collectively with BofA Merrill Lynch, Morgan Stanley and KeyBank, the “Underwriters”). This material was not produced by an Underwriter’s research analyst, although it may refer to an Underwriter’s research analyst or research report. Unless otherwise indicated, these views (if any) are the author’s and may differ from those of the fixed income or equity research departments of the Underwriters or others in those firms.

This material may have been prepared by or in conjunction with the respective trading desks of the Underwriters that may deal as principal in or own or act as market maker or liquidity provider for the securities/instruments (or related derivatives) mentioned herein. The trading desk of any Underwriter may have accumulated a position in the subject securities/instruments based on the information contained herein. Trading desk materials are not independent of the proprietary interests of the Underwriters, which may conflict with your interests. Each of the Underwriters may also perform or seek to perform investment banking services for the issuers of the securities and instruments mentioned herein.

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The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuing entity nor any Underwriter will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery.

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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS 

                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Mortgage
Loan
Originator(1)
Mortgage
Loan Seller(1)
Original
Balance
Cut-off Date
Balance
Maturity/ARD
Balance
Cut-off Date
Balance per SF/
Units/Rooms/Pads
Loan Purpose Sponsor
Loan 4, 5 1 Hilton Hawaiian Village 6.9% MSBNA MSMCH $63,000,000 $63,000,000 $63,000,000 $243,566.43 Refinance Park Intermediate Holdings LLC
Loan 4, 6, 7 2 191 Peachtree 6.1% MSBNA MSMCH $55,000,000 $55,000,000 $55,000,000 $143.60 Acquisition Oaktree Capital Management, L.P.; Banyan Street Capital, LLC
Loan 4 3 Wolfchase Galleria 6.1% MSBNA MSMCH $55,000,000 $54,922,796 $44,022,898 $420.48 Refinance Simon Property Group, L.P.
Loan 6 4 100 Hamilton 5.8% BANA BANA $53,000,000 $53,000,000 $53,000,000 $737.88 Refinance RREEF Spezial Invest GmbH
Loan 4 5 Potomac Mills 5.7% BANA BANA $52,000,000 $52,000,000 $52,000,000 $199.32 Refinance Simon Property Group, L.P.
Loan 4, 8 6 FedEx Ground Portfolio 4.7% BANA BANA $42,500,000 $42,500,000 $42,500,000 $226.33 Acquisition PA-SC Venture I LLC
Property   6.01 Fedex - Yonkers, NY   BANA BANA $18,190,619 $18,190,619 $18,190,619      
Property   6.02 Fedex - Elmsford, NY   BANA BANA $17,218,685 $17,218,685 $17,218,685      
Property   6.03 Fedex - Bridgeport, PA   BANA BANA $7,090,696 $7,090,696 $7,090,696      
Loan   7 Big Flats Consumer Square 4.4% MSBNA MSMCH $40,300,000 $40,300,000 $36,420,598 $70.18 Acquisition DRA Advisors LLC; DLC Management Corporation
Loan 6 8 The Barlow 4.1% SMC SMF III $37,500,000 $37,500,000 $32,320,081 $209.88 Refinance Bernard Aldridge
Loan   9 The Crossings of Spring Hill 3.2% CIBC CIBC $28,845,000 $28,845,000 $25,429,474 $131.17 Acquisition Dr. Hardam S. Azad
Loan   10 Club Royale Apartments 3.1% BANA BANA $27,750,000 $27,711,899 $22,307,494 $82,969.76 Refinance H.K. Realty, Inc.; J.K. Properties, Inc.
Loan 4 11 American Greetings HQ 3.0% BANA BANA $27,000,000 $26,952,706 $20,045,350 $140.00 Refinance H L & L Property Company
Loan   12 Willco Business Center 2.8% SMC SMF III $25,450,000 $25,450,000 $21,946,393 $89.32 Refinance Richard Cohen; Melvin Lenkin; James H. Moshovitis
Loan 11 13 Enterprise Plaza 2.7% MSBNA MSMCH $24,500,000 $24,500,000 $21,578,438 $128.80 Refinance Combined Holding Company LLC
Loan 8, 9 14 Walgreens Pool 7 2.7% SMC SMF III $24,519,000 $24,487,754 $19,892,715 $281.03 Refinance John E. Gross
Property   14.01 Walgreens Oak Brook   SMC SMF III $4,762,000 $4,755,931 $3,863,498      
Property   14.02 Walgreens Park Ridge   SMC SMF III $4,731,000 $4,724,971 $3,838,347      
Property   14.03 Walgreens Dallas   SMC SMF III $4,186,000 $4,180,666 $3,396,179      
Property   14.04 Walgreens Round Lake Beach   SMC SMF III $4,149,000 $4,143,713 $3,366,160      
Property   14.05 Walgreens Pasadena   SMC SMF III $3,772,000 $3,767,193 $3,060,293      
Property   14.06 Walgreens Scottsdale   SMC SMF III $2,919,000 $2,915,280 $2,368,238      
Loan 10 15 Le Meridien Tampa 2.6% MSBNA MSMCH $24,000,000 $24,000,000 $20,398,251 $184,615.38 Refinance Development Services Group
Loan 12 16 Parkview Plaza 2.5% BANA BANA $22,500,000 $22,500,000 $18,687,399 $117.32 Refinance Cedarwood Development
Loan 8, 9 17 Walgreens Pool 5 2.2% SMC SMF III $20,350,000 $20,324,067 $16,510,330 $257.86 Refinance John E. Gross
Property   17.01 Walgreens Ballwin   SMC SMF III $5,458,000 $5,451,045 $4,428,176      
Property   17.02 Walgreens Espanola   SMC SMF III $4,944,000 $4,937,700 $4,011,158      
Property   17.03 Walgreens Round Rock   SMC SMF III $4,061,000 $4,055,825 $3,294,764      
Property   17.04 Walgreens Dickson   SMC SMF III $3,021,000 $3,017,150 $2,450,993      
Property   17.05 Walgreens Burleson   SMC SMF III $2,866,000 $2,862,348 $2,325,239      
Loan   18 Advance Auto Parts Distribution Facility 2.1% KeyBank KeyBank $19,000,000 $19,000,000 $17,420,230 $54.68 Acquisition Northbridge Partners, LLC
Loan   19 Rosedale Marketplace 2.0% MSBNA MSMCH $18,000,000 $18,000,000 $15,810,751 $117.34 Refinance Tanurb Development Inc.
Loan   20 Livonia Commons 1.9% MSBNA MSMCH $17,500,000 $17,452,966 $14,018,116 $116.04 Refinance Thomas R. Green
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% BANA BANA $15,000,000 $15,000,000 $12,723,883 $92,592.59 Refinance Gary Mulhair; Sandra Mulhair; Michael Galgon
Property   21.01 Ilaria Apartments   BANA BANA $6,015,515 $6,015,515 $5,102,714      
Property   21.02 Morino Apartments   BANA BANA $5,944,993 $5,944,993 $5,042,893      
Property   21.03 Cortena Apartments   BANA BANA $3,039,492 $3,039,492 $2,578,276      
Loan   22 Trinity Village 1.5% KeyBank KeyBank $13,725,000 $13,725,000 $11,736,434 $192.68 Acquisition  Robert Berger; Richard Glickman; Tony Passander
Loan   23 Carelton Courtyard and University Place 1.4% CIBC CIBC $12,975,000 $12,975,000 $11,307,772 $50,486.38 Refinance Gregory A. Cason; Redwood-Kairos
Loan   24 Alicia Office Park 1.3% SMC SMF III $12,200,000 $12,200,000 $9,989,420 $139.32 Refinance John Davenport; Jeffrey K. Nickell; Mark Valentine
Loan 8 25 James Creek and Foxfire Student Housing 1.2% MSBNA MSMCH $10,750,000 $10,704,231 $8,547,862 $93,896.77 Refinance James Campbell; Beverly Campbell
Property   25.01 James Creek   MSBNA MSMCH $8,808,550 $8,771,047 $7,004,118      
Property   25.02 Foxfire   MSBNA MSMCH $1,941,450 $1,933,184 $1,543,744      
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% SMC SMF III $9,800,000 $9,800,000 $8,013,155 $21.06 Acquisition Matthew Cody Cowan; Clay Carter
Property   26.01 4001 West Minnesota Street   SMC SMF III $7,513,543 $7,513,543 $6,143,590      
Property   26.02 1806 and 1848 Stout Field Drive   SMC SMF III $2,286,457 $2,286,457 $1,869,565      
Loan 8, 9 27 Southeast Retail Portfolio 1.0% KeyBank KeyBank $9,400,000 $9,400,000 $8,654,507 $52.32 Refinance Wheeler Real Estate Investment Trust, Inc.
Property   27.01 Sangaree Plaza   KeyBank KeyBank $3,977,600 $3,977,600 $3,662,145      
Property   27.02 Tri-County Plaza   KeyBank KeyBank $2,843,175 $2,843,175 $2,617,689      
Property   27.03 Berkley Center   KeyBank KeyBank $2,579,225 $2,579,225 $2,374,672      
Loan   28 105 South York Street 1.0% CIBC CIBC $8,900,000 $8,900,000 $7,792,659 $180.40 Refinance Frank Catalano
Loan   29 Bay Area Self Storage Phase 1 1.0% BANA BANA $8,750,000 $8,750,000 $8,750,000 $141.73 Refinance Derek K. Hunter, Jr.
Loan   30 The Heights at State College Phase IV 0.9% CIBC CIBC $8,350,000 $8,350,000 $6,965,657 $65,234.38 Refinance William J. Leone; W. Grant Scott; David E. Meese; Keith R. Cooper
Loan   31 Big Springs Village 0.9% BANA BANA $8,300,000 $8,300,000 $7,093,865 $66.34 Refinance Ben F. Kushner; Warren N. Steinberg
Loan   32 Whisper Creek 0.8% SMC SMF III $7,700,000 $7,700,000 $6,510,398 $16,594.83 Acquisition Granite Communities, LLC
Loan   33 Kohl’s - Lutz, FL Fee 0.8% KeyBank KeyBank $7,400,000 $7,390,758 $6,813,041 $83.13 Refinance Santo Carollo; William Nye
Loan   34 Harris Industrial Building 0.8% KeyBank KeyBank $7,125,000 $7,125,000 $5,838,407 $68.39 Refinance GBR Capital; Riverbend Holdings
Loan   35 Gateway Plaza 0.8% KeyBank KeyBank $7,000,000 $6,991,161 $5,715,973 $69.26 Refinance Charles W. Wilcox; Robin Brooksbank
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% KeyBank KeyBank $4,440,000 $4,440,000 $3,660,846 $342.02 Refinance McKinley, Inc.
Property   36.01 Pei Wei/Mattress One   KeyBank KeyBank $3,078,000 $3,078,000 $2,537,857      
Property   36.02 Aspen Dental   KeyBank KeyBank $1,362,000 $1,362,000 $1,122,989      
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% KeyBank KeyBank $1,940,000 $1,940,000 $1,599,558 $342.02 Refinance McKinley, Inc.
Property   37.01 Taco Bell Orlando Leased Fee   KeyBank KeyBank $991,060 $991,060 $817,143      
Property   37.02 Just Brakes Tampa   KeyBank KeyBank $948,940 $948,940 $782,415      
Loan   38 StorQuest - Oakland, CA 0.6% BANA BANA $5,600,000 $5,600,000 $5,116,960 $340.90 Refinance William Warren Group
Loan   39 Fairgate Apartments 0.6% CIBC CIBC $5,363,250 $5,363,250 $4,631,663 $24,829.86 Acquisition Samuel R. Pepper
Loan   40 Chestnut Commons 0.6% KeyBank KeyBank $5,250,000 $5,250,000 $4,330,100 $110.41 Refinance Carnegie Properties, Inc.
Loan   41 The Orchard 0.6% BANA BANA $5,100,000 $5,100,000 $4,290,814 $155.00 Acquisition Highpoint Capital
Loan   42 Bay Area Self Storage Phase 2 0.6% BANA BANA $5,000,000 $5,000,000 $5,000,000 $126.53 Refinance Derek K. Hunter, Jr.
Loan   43 Vista Lofts 0.6% CIBC CIBC $5,000,000 $5,000,000 $4,344,856 $137.25 Refinance Ben D. Arnold
Loan   44 Valencia Apartments 0.5% BANA BANA $4,400,000 $4,393,959 $3,537,045 $86,156.05 Refinance H.K. Realty, Inc.; J.K. Properties, Inc.
Loan   45 Falcon Creek Phase II Apartments 0.5% BANA BANA $4,330,000 $4,324,398 $3,520,054 $90,091.62 Refinance BECO Asset Management
Loan   46 Diamond Southwest Industrial 0.5% KeyBank KeyBank $4,250,000 $4,244,373 $3,440,187 $100.26 Acquisition Jason W. Moore; James S. Forage
Loan   47 Burnet House Apartments 0.5% BANA BANA $4,200,000 $4,194,233 $3,376,269 $116,506.48 Refinance H.K. Realty, Inc.; J.K. Properties, Inc.
Loan   48 Windy Knolls Phase II Apartments 0.4% BANA BANA $3,950,000 $3,950,000 $3,220,778 $94,047.62 Refinance BECO Asset Management
Loan   49 Colonial East Apartments 0.4% CIBC CIBC $3,420,000 $3,420,000 $2,953,486 $17,812.50 Acquisition Samuel R. Pepper
Loan   50 2601 Westinghouse Boulevard 0.4% CIBC CIBC $3,380,000 $3,380,000 $3,099,905 $31.40 Acquisition Franklin B. Mandel; Harold Kaufman
Loan   51 Walgreens - Alma, MI 0.4% KeyBank KeyBank $3,350,000 $3,344,161 $2,490,222 $225.65 Acquisition Lambros Kapodistrias; John Hanjiantoniou
Loan 8 52 Michigan Rite Aid Portfolio 0.4% KeyBank KeyBank $3,275,000 $3,262,890 $1,424,061 $145.93 Refinance Dawn Smith O’Rourke
Property   52.01 Rite Aid - Spring Lake, MI   KeyBank KeyBank $1,677,000 $1,670,799 $729,206      
Property   52.02 Rite Aid - Coloma, MI   KeyBank KeyBank $1,598,000 $1,592,091 $694,855      
Loan   53 CVS Pharmacy - Sanford, FL 0.3% CIBC CIBC $3,100,000 $3,100,000 $2,536,033 $284.20 Acquisition Michael Miserendino
Loan   54 Manassas Crossroads 0.3% BANA BANA $3,000,000 $3,000,000 $3,000,000 $239.71 Refinance Water Street Acquisitions
Loan   55 Park Royale Apartments 0.2% BANA BANA $1,990,000 $1,987,268 $1,599,708 $110,403.76 Refinance H.K. Realty, Inc.; J.K. Properties, Inc.
Loan   56 StorQuest - Tucson Pima, AZ 0.2% BANA BANA $1,900,000 $1,900,000 $1,679,387 $34.68 Refinance William Warren Group

 

A-1-1 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS 

              MORTGAGED PROPERTY CHARACTERISTICS
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Non-Recourse Carveout Guarantor   No. of
Properties
General Property Type Detailed Property Type Title Type Ground Lease
Initial Lease
Expiration Date
Loan 4, 5 1 Hilton Hawaiian Village 6.9% Park Intermediate Holdings LLC   1 Hospitality Full Service Fee / Leasehold 7/31/2035
Loan 4, 6, 7 2 191 Peachtree 6.1% Rodolfo Prio Touzet; Oaktree Pinnacle Investment Fund, L.P.   1 Office CBD Fee / Leasehold 2/10/2087
Loan 4 3 Wolfchase Galleria 6.1% Simon Property Group, L.P.   1 Retail Regional Mall Fee N/A
Loan 6 4 100 Hamilton 5.8% N/A   1 Office CBD Fee N/A
Loan 4 5 Potomac Mills 5.7% Simon Property Group, L.P.   1 Retail Super Regional Mall Fee N/A
Loan 4, 8 6 FedEx Ground Portfolio 4.7% PA-SC Venture I Equity Sub LLC   3        
Property   6.01 Fedex - Yonkers, NY         Industrial Distribution Warehouse Fee N/A
Property   6.02 Fedex - Elmsford, NY         Industrial Distribution Warehouse Fee N/A
Property   6.03 Fedex - Bridgeport, PA         Industrial Distribution Warehouse Fee N/A
Loan   7 Big Flats Consumer Square 4.4% DRA Growth and Income Master Fund IX, LLC   1 Retail Anchored Fee N/A
Loan 6 8 The Barlow 4.1% Bernard Aldridge   1 Mixed Use Retail/Industrial Fee N/A
Loan   9 The Crossings of Spring Hill 3.2% Dr. Hardam S. Azad   1 Retail Anchored Fee N/A
Loan   10 Club Royale Apartments 3.1% J.K. Properties, Inc.   1 Multifamily Garden Fee N/A
Loan 4 11 American Greetings HQ 3.0% Elie Weiss   1 Office Suburban Leasehold 6/27/2089
Loan   12 Willco Business Center 2.8% Richard Cohen; Melvin Lenkin; James H. Moshovitis   1 Industrial Warehouse/Flex Fee N/A
Loan 11 13 Enterprise Plaza 2.7% Combined Holding Company LLC   1 Retail Anchored Fee N/A
Loan 8, 9 14 Walgreens Pool 7 2.7% John E. Gross   6        
Property   14.01 Walgreens Oak Brook         Retail Free-Standing Fee N/A
Property   14.02 Walgreens Park Ridge         Retail Free-Standing Fee N/A
Property   14.03 Walgreens Dallas         Retail Free-Standing Fee N/A
Property   14.04 Walgreens Round Lake Beach         Retail Free-Standing Fee N/A
Property   14.05 Walgreens Pasadena         Retail Free-Standing Fee N/A
Property   14.06 Walgreens Scottsdale         Retail Free-Standing Fee N/A
Loan 10 15 Le Meridien Tampa 2.6% Gary Prosterman   1 Hospitality Full Service Leasehold 3/31/2119
Loan 12 16 Parkview Plaza 2.5% Lenora J. Petrarca   1 Retail Anchored Fee N/A
Loan 8, 9 17 Walgreens Pool 5 2.2% John E. Gross   5        
Property   17.01 Walgreens Ballwin         Retail Free-Standing Fee N/A
Property   17.02 Walgreens Espanola         Retail Free-Standing Fee N/A
Property   17.03 Walgreens Round Rock         Retail Free-Standing Fee N/A
Property   17.04 Walgreens Dickson         Retail Free-Standing Fee N/A
Property   17.05 Walgreens Burleson         Retail Free-Standing Fee N/A
Loan   18 Advance Auto Parts Distribution Facility 2.1% Dean Withington Atkins; Chester Greenough Atkins; Gregory Scott Lauze   1 Industrial Warehouse Fee N/A
Loan   19 Rosedale Marketplace 2.0% Tanurb   1 Retail Anchored Fee N/A
Loan   20 Livonia Commons 1.9% Thomas R. Green; Matthias D. Renner (Springing)   1 Retail Anchored Fee N/A
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% Gary Mulhair; Sandra Mulhair; Michael Galgon   3        
Property   21.01 Ilaria Apartments         Multifamily Mid-Rise Fee N/A
Property   21.02 Morino Apartments         Multifamily Mid-Rise Fee N/A
Property   21.03 Cortena Apartments         Multifamily Mid-Rise Fee N/A
Loan   22 Trinity Village 1.5%  Robert Berger; Richard Glickman; Tony Passander   1 Retail Unanchored Fee N/A
Loan   23 Carelton Courtyard and University Place 1.4% Gregory A. Cason   1 Multifamily Garden Fee N/A
Loan   24 Alicia Office Park 1.3% John Davenport; Jeffrey K. Nickell; Mark Valentine   1 Office Suburban Fee N/A
Loan 8 25 James Creek and Foxfire Student Housing 1.2% James Campbell; Beverly Campbell   2        
Property   25.01 James Creek         Multifamily Student Housing Fee N/A
Property   25.02 Foxfire         Multifamily Student Housing Fee N/A
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% Matthew Cody Cowan; Clay Carter   2        
Property   26.01 4001 West Minnesota Street         Industrial Cold Storage Fee N/A
Property   26.02 1806 and 1848 Stout Field Drive         Industrial Warehouse Fee N/A
Loan 8, 9 27 Southeast Retail Portfolio 1.0% Wheeler Real Estate Investment Trust, Inc.   3        
Property   27.01 Sangaree Plaza         Retail Anchored Fee N/A
Property   27.02 Tri-County Plaza         Retail Anchored Fee N/A
Property   27.03 Berkley Center         Retail Anchored Fee N/A
Loan   28 105 South York Street 1.0% Frank Catalano   1 Mixed Use Office/Retail Fee N/A
Loan   29 Bay Area Self Storage Phase 1 1.0% Derek K. Hunter, Jr.; Derek K. Hunter, Jr. and Lori Rae Hunter as Co-Trustees of The Hunter 1988 Revocable Trust U/A/D August 4, 1988, as amended and restated on November 9, 1995 1 Self Storage Self Storage Fee N/A
Loan   30 The Heights at State College Phase IV 0.9% William J. Leone; W. Grant Scott; David E. Meese; Keith R. Cooper   1 Multifamily Student Housing Fee N/A
Loan   31 Big Springs Village 0.9% Ben F. Kushner; Warren N. Steinberg   1 Retail Anchored Fee N/A
Loan   32 Whisper Creek 0.8% Granite Communities, LLC   1 Manufactured Housing Manufactured Housing Fee N/A
Loan   33 Kohl’s - Lutz, FL Fee 0.8% Santo Carollo; William Nye   1 Leased Fee Leased Fee Fee N/A
Loan   34 Harris Industrial Building 0.8% Frank L. VanderSloot, as Trustee of the Frank L. VanderSloot Trust dated November 20, 2012   1 Industrial Flex Fee N/A
Loan   35 Gateway Plaza 0.8% Charles W. Wilcox; Charlotte T. Wilcox   1 Retail Anchored Fee N/A
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% Ronald N. Weiser, individually and as Trustee of the Ronald N. Weiser Trust u/a/d June 7, 1983, as amended and/or restated   2        
Property   36.01 Pei Wei/Mattress One         Retail Shadow Anchored Fee N/A
Property   36.02 Aspen Dental         Retail Free-Standing Fee N/A
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% Ronald N. Weiser, individually and as Trustee of the Ronald N. Weiser Trust u/a/d June 7, 1983, as amended and/or restated   2        
Property   37.01 Taco Bell Orlando Leased Fee         Leased Fee Leased Fee Fee N/A
Property   37.02 Just Brakes Tampa         Retail Free-Standing Fee N/A
Loan   38 StorQuest - Oakland, CA 0.6% Timothy B. Hobin; William W. Hobin; Clark W. Porter   1 Self Storage Self Storage Fee N/A
Loan   39 Fairgate Apartments 0.6% Samuel R. Pepper   1 Multifamily Garden Fee N/A
Loan   40 Chestnut Commons 0.6% Carnegie Properties, Inc.   1 Retail Shadow Anchored Fee N/A
Loan   41 The Orchard 0.6% Jeffrey Seltzer   1 Retail Unanchored Fee N/A
Loan   42 Bay Area Self Storage Phase 2 0.6% Derek K. Hunter, Jr.; Derek K. Hunter, Jr. and Lori Rae Hunter as Co-Trustees of The Hunter 1988 Revocable Trust U/A/D August 4, 1988, as amended and restated on November 9, 1995 1 Self Storage Self Storage Fee N/A
Loan   43 Vista Lofts 0.6% Ben D. Arnold   1 Mixed Use Multifamily/Retail Fee N/A
Loan   44 Valencia Apartments 0.5% H.K. Realty, Inc.   1 Multifamily Garden Fee N/A
Loan   45 Falcon Creek Phase II Apartments 0.5% C. Burton Cutright; Eric G. Olson   1 Multifamily Garden Fee N/A
Loan   46 Diamond Southwest Industrial 0.5% Jason W. Moore; James S. Forage   1 Industrial Flex Fee N/A
Loan   47 Burnet House Apartments 0.5% H.K. Realty, Inc.   1 Multifamily Garden Fee N/A
Loan   48 Windy Knolls Phase II Apartments 0.4% C. Burton Cutright; Eric G. Olson   1 Multifamily Garden Fee N/A
Loan   49 Colonial East Apartments 0.4% Samuel R. Pepper   1 Multifamily Garden Fee N/A
Loan   50 2601 Westinghouse Boulevard 0.4% Franklin B. Mandel; Harold Kaufman   1 Industrial Flex Fee N/A
Loan   51 Walgreens - Alma, MI 0.4% Lambros Kapodistrias; John Hanjiantoniou   1 Retail Free-Standing Fee N/A
Loan 8 52 Michigan Rite Aid Portfolio 0.4% Dawn Smith O’Rourke; Dawn Smith O’Rourke, as Trustee of the O’Rourke Family Trust Dated November 19, 1990, as amended   2        
Property   52.01 Rite Aid - Spring Lake, MI         Retail Free-Standing Fee N/A
Property   52.02 Rite Aid - Coloma, MI         Retail Free-Standing Fee N/A
Loan   53 CVS Pharmacy - Sanford, FL 0.3% Michael Miserendino   1 Retail Free-Standing Fee N/A
Loan   54 Manassas Crossroads 0.3% Zachary S. Mendelsohn; Jacob F. Sinn   1 Retail Shadow Anchored Fee N/A
Loan   55 Park Royale Apartments 0.2% H.K. Realty, Inc.   1 Multifamily Garden Fee N/A
Loan   56 StorQuest - Tucson Pima, AZ 0.2% Clark W. Porter; William W. Hobin; Timothy B. Hobin   1 Self Storage Self Storage Fee N/A

 

A-1-2 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGED PROPERTY CHARACTERISTICS            
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Address City County State Zip Code Year Built Year Renovated Size Units of
Measure
Occupancy
Rate
Occupancy Rate
As-of Date
Loan 4, 5 1 Hilton Hawaiian Village 6.9% 2005 Kalia Road Honolulu Honolulu HI 96815 1961 2016 2,860 Rooms 94.6% 9/30/2016
Loan 4, 6, 7 2 191 Peachtree 6.1% 191 Peachtree Street Northeast Atlanta Fulton GA 30303 1991 2015 1,222,142 SF 88.8% 9/1/2016
Loan 4 3 Wolfchase Galleria 6.1% 2760 North Germantown Parkway Memphis Shelby TN 38133 1997 N/A 391,862 SF 90.1% 9/28/2016
Loan 6 4 100 Hamilton 5.8% 100 Hamilton Avenue Palo Alto Santa Clara CA 94301 1983 2001 71,827 SF 100.0% 10/31/2016
Loan 4 5 Potomac Mills 5.7% 2700 Potomac Mills Circle Woodbridge Prince William VA 22192 1985 2005, 2012 1,459,997 SF 97.7% 9/20/2016
Loan 4, 8 6 FedEx Ground Portfolio 4.7%               751,118 SF 100.0%  
Property   6.01 Fedex - Yonkers, NY   10 Herrmann Place Yonkers Westchester NY 10710 2016 N/A 121,883 SF 100.0% 12/1/2016
Property   6.02 Fedex - Elmsford, NY   300 Waterside Drive Elmsford Westchester NY 10523 2016 N/A 323,502 SF 100.0% 12/1/2016
Property   6.03 Fedex - Bridgeport, PA   601 River Road Bridgeport Montgomery PA 19405 2016 N/A 305,733 SF 100.0% 12/1/2016
Loan   7 Big Flats Consumer Square 4.4% 830 County Road 64 a/k/a 830 Big Flats Road Big Flats Chemung NY 14814 1993, 2014 N/A 574,215 SF 94.4% 10/5/2016
Loan 6 8 The Barlow 4.1% 6780-6790 Depot Street, 6750-6790 McKinley Avenue, 6700-6762 Sebastopol Avenue, 100-220 Morris Street and 6751 Laguna Parkway Sebastopol Sonoma CA 95472 1910-1965, 2013 2013 178,677 SF 93.9% 11/10/2016
Loan   9 The Crossings of Spring Hill 3.2% 1001-1041 Crossings Boulevard and 1017-2020 Crossings Circle Spring Hill Maury TN 37174 2007-2008 N/A 219,905 SF 98.9% 11/8/2016
Loan   10 Club Royale Apartments 3.1% 380 North Linden Avenue Rialto San Bernardino CA 92376 1989 N/A 334 Units 93.1% 9/23/2016
Loan 4 11 American Greetings HQ 3.0% 2250 Crocker Road Westlake Cuyahoga OH 44145 2016 N/A 655,969 SF 100.0% 12/1/2016
Loan   12 Willco Business Center 2.8% 19300-19326 Woodfield Road; 7501-7527, 7510-7564 & 7537-7585 Rickenbacker Drive; 19209 & 19211 Chennault Way; 7601, 7605 & 7609 Airpark Road Gaithersburg Montgomery MD 20879 1986-1990 N/A 284,943 SF 81.7% 11/1/2016
Loan 11 13 Enterprise Plaza 2.7% 9343 Annapolis Road Lanham Prince Georges MD 20706 1974 1992 190,211 SF 86.1% 9/30/2016
Loan 8, 9 14 Walgreens Pool 7 2.7%               87,136 SF 100.0%  
Property   14.01 Walgreens Oak Brook   2205 West 22nd Street Oak Brook DuPage IL 60523 1999 N/A 13,855 SF 100.0% 12/6/2016
Property   14.02 Walgreens Park Ridge   901 West Touhy Avenue Park Ridge Cook IL 60068 2002 N/A 14,053 SF 100.0% 12/6/2016
Property   14.03 Walgreens Dallas   438 West Illinois Ave Dallas Dallas TX 75224 1998 N/A 15,120 SF 100.0% 12/6/2016
Property   14.04 Walgreens Round Lake Beach   305 West Rollins Road Round Lake Beach Lake IL 60073 1998 N/A 13,905 SF 100.0% 12/6/2016
Property   14.05 Walgreens Pasadena   6302 Fairmont Parkway Pasadena Harris TX 77505 1999 N/A 15,120 SF 100.0% 12/6/2016
Property   14.06 Walgreens Scottsdale   7923 East McDowell Road Scottsdale Maricopa AZ 85257 1997 N/A 15,083 SF 100.0% 12/6/2016
Loan 10 15 Le Meridien Tampa 2.6% 601 North Florida Avenue Tampa Hillsborough FL 33602 1905 2014 130 Rooms 76.7% 10/31/2016
Loan 12 16 Parkview Plaza 2.5% 830-898 Plaza Boulevard Lancaster Lancaster PA 17601 1985 N/A 191,775 SF 97.8% 10/1/2016
Loan 8, 9 17 Walgreens Pool 5 2.2%               78,818 SF 100.0%  
Property   17.01 Walgreens Ballwin   13992 Manchester Road Ballwin St. Louis MO 63011 2000 N/A 15,680 SF 100.0% 12/6/2016
Property   17.02 Walgreens Espanola   1115 North Riverside Drive Espanola Rio Arriba NM 87532 1999 N/A 17,828 SF 100.0% 12/6/2016
Property   17.03 Walgreens Round Rock   2650 R R 620 Round Rock Williamson TX 78681 2000 N/A 15,070 SF 100.0% 12/6/2016
Property   17.04 Walgreens Dickson   2 Mathis Drive Dickson Dickson TN 37055 2000 N/A 15,120 SF 100.0% 12/6/2016
Property   17.05 Walgreens Burleson   833 Southwest Wilshire Boulevard Burleson Johnson TX 76028 1999 N/A 15,120 SF 100.0% 12/6/2016
Loan   18 Advance Auto Parts Distribution Facility 2.1% 192 Mansfield Avenue Norton Bristol MA 02766 1999 2010 347,500 SF 100.0% 12/1/2016
Loan   19 Rosedale Marketplace 2.0% 2401 & 2439 Fairview Avenue North Roseville Ramsey MN 55113 1989 N/A 153,397 SF 100.0% 10/21/2016
Loan   20 Livonia Commons 1.9% 13507 Middlebelt Road Livonia Wayne MI 48150 1962 2014-2015 150,407 SF 100.0% 8/10/2016
Loan 8 21 Capitol Hill Apartment Portfolio 1.7%               162 Units 100.0%  
Property   21.01 Ilaria Apartments   1305 East Mercer Street Seattle King WA 98102 2014 N/A 60 Units 100.0% 6/8/2016
Property   21.02 Morino Apartments   4032 and 4036 8th Avenue Northeast Seattle King WA 98105 2016 N/A 70 Units 100.0% 6/8/2016
Property   21.03 Cortena Apartments   227 Boylston Avenue East Seattle King WA 98102 2013 N/A 32 Units 100.0% 6/8/2016
Loan   22 Trinity Village 1.5% 10700-10820 State Road 54 New Port Richey Pasco FL 34655 2006 N/A 71,233 SF 100.0% 10/20/2016
Loan   23 Carelton Courtyard and University Place 1.4% 215 Market Street and 711 St. Mary’s Boulevard Galveston Galveston TX 77550 1972, 1975 2014-2016 257 Units 99.6% 8/2/2016
Loan   24 Alicia Office Park 1.3% 25201, 25231, 25241 Paseo De Alicia Laguna Hills Orange CA 92653 1979 2007 87,566 SF 97.9% 11/8/2016
Loan 8 25 James Creek and Foxfire Student Housing 1.2%               114 Units 100.0%  
Property   25.01 James Creek   125 South Bryan Court Stillwater Payne OK 74074 2003-2006 N/A 80 Units 100.0% 9/1/2016
Property   25.02 Foxfire   2425 West Lakeview Road #s 1-32; 2419 West Lakeview Road; 2421 West Lakeview Road Stillwater Payne OK 74075 1986-2004 N/A 34 Units 100.0% 9/1/2016
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1%               465,354 SF 94.2%  
Property   26.01 4001 West Minnesota Street   4001 West Minnesota Street Indianapolis Marion IN 46241 1967 1983 189,010 SF 94.3% 11/8/2016
Property   26.02 1806 and 1848 Stout Field Drive   1806 and 1848 Stout Field Drive Indianapolis Marion IN 46241 1950, 1966 1983 276,344 SF 94.1% 11/8/2016
Loan 8, 9 27 Southeast Retail Portfolio 1.0%               179,665 SF 96.4%  
Property   27.01 Sangaree Plaza   1625 North Main Street Summerville Berkeley SC 29486 1982 2011 66,948 SF 100.0% 10/7/2016
Property   27.02 Tri-County Plaza   1065 Franklin Springs Street Royston Franklin GA 30662 1986 N/A 67,577 SF 90.5% 10/7/2016
Property   27.03 Berkley Center   201 East Berkley Avenue Norfolk Norfolk City VA 23523 2005 N/A 45,140 SF 100.0% 11/8/2016
Loan   28 105 South York Street 1.0% 105 South York Street Elmhurst Dupage IL 60126 1927, 1982 2014 49,334 SF 100.0% 11/12/2016
Loan   29 Bay Area Self Storage Phase 1 1.0% 151 Industrial Road San Carlos San Mateo CA 94070 1996 N/A 61,735 SF 96.3% 8/31/2016
Loan   30 The Heights at State College Phase IV 0.9% 201 Northwick Boulevard State College Centre PA 16803 2016 N/A 128 Units 96.9% 8/2/2016
Loan   31 Big Springs Village 0.9% 11655 US Highway 431 Guntersville Marshall AL 35976 2005 N/A 125,119 SF 96.2% 11/15/2016
Loan   32 Whisper Creek 0.8% 1887 North State Road 29 LaBelle Hendry FL 33935 1988 N/A 464 Pads 67.4% 10/20/2016
Loan   33 Kohl’s - Lutz, FL Fee 0.8% 3979 Van Dyke Road Lutz Hillsborough FL 33558 2006 N/A 88,904 SF N/A N/A
Loan   34 Harris Industrial Building 0.8% 1152 West 2240 South and 1193 West 2200 South West Valley City Salt Lake UT 84119 2000, 2016 N/A 104,183 SF 100.0% 11/1/2016
Loan   35 Gateway Plaza 0.8% 1000, 1010, 1026, 1034, 1038, 1040, 1050, 1060, 1070, 1076, 1078, 1080, 1086 and 1096 South Sable Boulevard; 14551, 14561, 14571, 14573, 14581 and 14593 East Mississippi Avenue Aurora Arapahoe CO 80012 1984 N/A 100,948 SF 88.4% 10/31/2016
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5%               10,996 SF 100.0%  
Property   36.01 Pei Wei/Mattress One   3337 Daniels Road Winter Garden Orange FL 34787 2015 N/A 7,246 SF 100.0% 10/31/2016
Property   36.02 Aspen Dental   2755 East Gulf to Lake Highway Inverness Citrus FL 34453 2015 N/A 3,750 SF 100.0% 12/1/2016
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2%               7,658 SF 100.0%  
Property   37.01 Taco Bell Orlando Leased Fee   5960 Central Florida Parkway Orlando Orange FL 32821 2012 N/A 2,908 SF N/A N/A
Property   37.02 Just Brakes Tampa   8705 North Dale Mabry Highway Tampa Hillsborough FL 33614 1983 2015 4,750 SF 100.0% 12/1/2016
Loan   38 StorQuest - Oakland, CA 0.6% 4601 Shattuck Avenue Oakland Alameda CA 94609 1929, 1969 N/A 16,427 SF 85.6% 9/20/2016
Loan   39 Fairgate Apartments 0.6% 1523 Burstock Road Columbus Franklin OH 43206 1968 N/A 216 Units 98.6% 10/5/2016
Loan   40 Chestnut Commons 0.6% 605, 609, 629, 633, 637, 641, 645, 649, 653, 657, 661, 665, 667 ,677, 803, 811, 815, 819, 823 and 831 Chestnut Commons Drive Elyria Lorain OH 44035 2007-2013 N/A 47,552 SF 97.0% 10/27/2016
Loan   41 The Orchard 0.6% 10500-10618 Hageman Road Bakersfield Kern CA 93312 2009 N/A 32,903 SF 85.3% 10/25/2016
Loan   42 Bay Area Self Storage Phase 2 0.6% 100 Industrial Road San Carlos San Mateo CA 94070 1997 N/A 39,515 SF 94.0% 8/31/2016
Loan   43 Vista Lofts 0.6% 701 Gervais Street Columbia Richland SC 29201 2002 N/A 36,431 SF 100.0% 9/26/2016
Loan   44 Valencia Apartments 0.5% 4560 West 120th Street Hawthorne Los Angeles CA 90250 1968 N/A 51 Units 98.0% 9/30/2016
Loan   45 Falcon Creek Phase II Apartments 0.5% 4902 and 4904 Falcon Creek Way Hampton Hampton City VA 23666 2008 N/A 48 Units 97.9% 9/30/2016
Loan   46 Diamond Southwest Industrial 0.5% 3475 and 3515 West Post Road Las Vegas Clark NV 89118 2006 N/A 42,332 SF 100.0% 10/13/2016
Loan   47 Burnet House Apartments 0.5% 8935 Burnet Avenue North Hills Los Angeles CA 91343 1987 N/A 36 Units 94.4% 9/30/2016
Loan   48 Windy Knolls Phase II Apartments 0.4% 712 Windy Way Newport News Newport News City VA 23602 2012 N/A 42 Units 90.5% 10/31/2016
Loan   49 Colonial East Apartments 0.4% 4229 East Broad Street Columbus Franklin OH 43213 1967 N/A 192 Units 98.4% 10/5/2016
Loan   50 2601 Westinghouse Boulevard 0.4% 2601 Westinghouse Boulevard Charlotte Mecklenburg NC 28273 1982 1990 107,635 SF 100.0% 12/1/2016
Loan   51 Walgreens - Alma, MI 0.4% 1420 Wright Avenue Alma Gratiot MI 48801 2006 N/A 14,820 SF 100.0% 12/1/2016
Loan 8 52 Michigan Rite Aid Portfolio 0.4%               22,360 SF 100.0%  
Property   52.01 Rite Aid - Spring Lake, MI   603 East Savidge Street Spring Lake Ottawa MI 49456 2006 N/A 11,180 SF 100.0% 12/1/2016
Property   52.02 Rite Aid - Coloma, MI   6535 Paw Paw Avenue Coloma Berrien MI 49038 2006 N/A 11,180 SF 100.0% 12/1/2016
Loan   53 CVS Pharmacy - Sanford, FL 0.3% 3798 South Orlando Drive Sanford Seminole FL 32773 2000 N/A 10,908 SF 100.0% 12/1/2016
Loan   54 Manassas Crossroads 0.3% 10689-10695 Sudley Manor Drive Manassas Prince William VA 20109 2009 N/A 12,515 SF 100.0% 10/1/2016
Loan   55 Park Royale Apartments 0.2% 1235 Boynton Street Glendale Los Angeles CA 91205 1962 N/A 18 Units 94.4% 9/30/2016
Loan   56 StorQuest - Tucson Pima, AZ 0.2% 6400 South Commerce Court Tucson Pima AZ 85746 2005 N/A 54,785 SF 90.2% 7/31/2016

 

A-1-3 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGED PROPERTY CHARACTERISTICS   MORTGAGE LOAN CHARACTERISTICS                  
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Appraised
Value
Appraisal
As-of Date
  Mortgage
Rate
Administrative
Cost Rate(2)
Master Servicing
Fee Rate
Primary Servicing
Fee Rate
Pari Passu
Loan Primary Servicing
Fee Rate
Certificate Administrator / Trustee
Fee Rate
Operating Advisor
Fee Rate
Asset Representations Reviewer Fee Rate CREFC
Fee Rate
Interest
Accrual 
Basis
Seasoning
(mos.)
ARD
(Yes/No)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
Original Interest-Only
Period (mos.)
Remaining Interest-Only
Period (mos.)
Loan 4, 5 1 Hilton Hawaiian Village 6.9% $2,230,000,000 8/30/2016   4.1995% 0.01267% 0.00375% 0.00000% 0.00125% 0.00662% 0.00000% 0.00055% 0.00050% Actual/360 1 No 120 119 120 119
Loan 4, 6, 7 2 191 Peachtree 6.1% $270,500,000 10/3/2016   3.7320% 0.01267% 0.00250% 0.00000% 0.00250% 0.00662% 0.00000% 0.00055% 0.00050% Actual/360 1 No 120 119 120 119
Loan 4 3 Wolfchase Galleria 6.1% $254,000,000 9/26/2016   4.1460% 0.01267% 0.00250% 0.00000% 0.00250% 0.00662% 0.00000% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan 6 4 100 Hamilton 5.8% $113,000,000 10/18/2016   3.8400% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 120 120
Loan 4 5 Potomac Mills 5.7% $765,000,000 9/12/2016   2.9882% 0.01267% 0.00250% 0.00000% 0.00250% 0.00662% 0.00000% 0.00055% 0.00050% Actual/360 1 No 120 119 120 119
Loan 4, 8 6 FedEx Ground Portfolio 4.7% $384,800,000     4.1580% 0.01267% 0.00250% 0.00000% 0.00250% 0.00662% 0.00000% 0.00055% 0.00050% Actual/360 1 No 120 119 120 119
Property   6.01 Fedex - Yonkers, NY   $164,700,000 8/24/2016                                  
Property   6.02 Fedex - Elmsford, NY   $155,900,000 8/24/2016                                  
Property   6.03 Fedex - Bridgeport, PA   $64,200,000 8/24/2016                                  
Loan   7 Big Flats Consumer Square 4.4% $70,000,000 9/12/2016   3.6500% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 60 59
Loan 6 8 The Barlow 4.1% $59,000,000 8/17/2016   4.7650% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 24 24
Loan   9 The Crossings of Spring Hill 3.2% $39,300,000 9/6/2016   4.7300% 0.03276% 0.00250% 0.02000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 36 35
Loan   10 Club Royale Apartments 3.1% $38,650,000 4/28/2016   4.2691% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan 4 11 American Greetings HQ 3.0% $148,790,000 8/30/2016   4.7160% 0.04017% 0.00250% 0.00000% 0.03000% 0.00662% 0.00000% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan   12 Willco Business Center 2.8% $37,800,000 10/7/2016   4.7860% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 24 24
Loan 11 13 Enterprise Plaza 2.7% $37,800,000 10/12/2016   4.6800% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 36 36
Loan 8, 9 14 Walgreens Pool 7 2.7% $37,920,000     4.6800% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 122 121 0 0
Property   14.01 Walgreens Oak Brook   $7,350,000 10/5/2016                                  
Property   14.02 Walgreens Park Ridge   $7,320,000 10/4/2016                                  
Property   14.03 Walgreens Dallas   $6,500,000 9/27/2016                                  
Property   14.04 Walgreens Round Lake Beach   $6,400,000 9/28/2016                                  
Property   14.05 Walgreens Pasadena   $5,850,000 9/30/2016                                  
Property   14.06 Walgreens Scottsdale   $4,500,000 10/5/2016                                  
Loan 10 15 Le Meridien Tampa 2.6% $38,500,000 9/1/2016   6.0100% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Loan 12 16 Parkview Plaza 2.5% $30,900,000 9/14/2016   4.3810% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 12 11
Loan 8, 9 17 Walgreens Pool 5 2.2% $31,475,000     4.6800% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 122 121 0 0
Property   17.01 Walgreens Ballwin   $8,450,000 9/27/2016                                  
Property   17.02 Walgreens Espanola   $7,650,000 10/7/2016                                  
Property   17.03 Walgreens Round Rock   $6,300,000 10/6/2016                                  
Property   17.04 Walgreens Dickson   $4,675,000 10/4/2016                                  
Property   17.05 Walgreens Burleson   $4,400,000 9/27/2016                                  
Loan   18 Advance Auto Parts Distribution Facility 2.1% $30,400,000 10/14/2016   4.5200% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 60 59
Loan   19 Rosedale Marketplace 2.0% $31,500,000 9/23/2016   4.5600% 0.03526% 0.00250% 0.02250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 36 36
Loan   20 Livonia Commons 1.9% $24,500,000 8/1/2016   4.1630% 0.04276% 0.00250% 0.03000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 2 No 120 118 0 0
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% $21,270,000     4.1710% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 3 No 120 117 24 21
Property   21.01 Ilaria Apartments   $8,530,000 6/28/2016                                  
Property   21.02 Morino Apartments   $8,430,000 6/28/2016                                  
Property   21.03 Cortena Apartments   $4,310,000 6/28/2016                                  
Loan   22 Trinity Village 1.5% $18,800,000 9/19/2016   4.4700% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 24 23
Loan   23 Carelton Courtyard and University Place 1.4% $17,300,000 7/25/2016   4.2200% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 2 No 120 118 36 34
Loan   24 Alicia Office Park 1.3%   $19,000,000 10/24/2016   4.8070% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Loan 8 25 James Creek and Foxfire Student Housing 1.2% $15,500,000     3.9600% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 3 No 120 117 0 0
Property   25.01 James Creek   $12,700,000 7/15/2016                                  
Property   25.02 Foxfire   $2,800,000 7/15/2016                                  
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% $16,200,000     4.7650% 0.05526% 0.00250% 0.04250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Property   26.01 4001 West Minnesota Street   $12,420,346 10/21/2016                                  
Property   26.02 1806 and 1848 Stout Field Drive   $3,779,654 10/21/2016                                  
Loan 8, 9 27 Southeast Retail Portfolio 1.0% $15,125,000     4.7800% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 60 60
Property   27.01 Sangaree Plaza   $6,400,000 6/28/2016                                  
Property   27.02 Tri-County Plaza   $4,575,000 6/30/2016                                  
Property   27.03 Berkley Center   $4,150,000 7/3/2016                                  
Loan   28 105 South York Street 1.0% $12,200,000 9/28/2016   4.9200% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 30 30
Loan   29 Bay Area Self Storage Phase 1 1.0% $15,500,000 9/28/2016   4.0240% 0.04526% 0.00250% 0.03250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 120 120
Loan   30 The Heights at State College Phase IV 0.9% $12,400,000 7/12/2016   4.5200% 0.05526% 0.00250% 0.04250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 2 No 120 118 12 10
Loan   31 Big Springs Village 0.9% $11,200,000 9/16/2016   4.4510% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 24 23
Loan   32 Whisper Creek 0.8% $13,100,000 9/20/2016   4.5180% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 18 17
Loan   33 Kohl’s - Lutz, FL Fee 0.8% $11,500,000 9/6/2016   4.7900% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 60 59 0 0
Loan   34 Harris Industrial Building 0.8% $10,100,000 10/26/2016   4.8300% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Loan   35 Gateway Plaza 0.8% $12,600,000 10/10/2016   4.7300% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% $7,255,000     5.0200% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Property   36.01 Pei Wei/Mattress One   $5,030,000 10/26/2016                                  
Property   36.02 Aspen Dental   $2,225,000 10/29/2016                                  
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% $3,915,000     5.0200% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Property   37.01 Taco Bell Orlando Leased Fee   $2,000,000 10/26/2016                                  
Property   37.02 Just Brakes Tampa   $1,915,000 10/29/2016                                  
Loan   38 StorQuest - Oakland, CA 0.6% $8,900,000 9/21/2016   4.2980% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 60 60
Loan   39 Fairgate Apartments 0.6% $8,540,000 4/14/2016   4.8400% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 5 No 120 115 24 19
Loan   40 Chestnut Commons 0.6% $8,700,000 10/10/2016   5.0300% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Loan   41 The Orchard 0.6% $6,950,000 9/22/2016   4.8070% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 12 12
Loan   42 Bay Area Self Storage Phase 2 0.6% $10,000,000 9/28/2016   4.0240% 0.04526% 0.00250% 0.03250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 120 120
Loan   43 Vista Lofts 0.6% $7,110,000 8/17/2016   5.0900% 0.07276% 0.00250% 0.06000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 24 24
Loan   44 Valencia Apartments 0.5% $6,600,000 5/3/2016   4.2691% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan   45 Falcon Creek Phase II Apartments 0.5% $6,800,000 8/31/2016   4.5970% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan   46 Diamond Southwest Industrial 0.5% $6,300,000 9/13/2016   4.4700% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan   47 Burnet House Apartments 0.5% $6,600,000 4/29/2016   4.2691% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan   48 Windy Knolls Phase II Apartments 0.4% $6,900,000 8/31/2016   4.6810% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Loan   49 Colonial East Apartments 0.4% $5,530,000 4/14/2016   4.8400% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 5 No 120 115 24 19
Loan   50 2601 Westinghouse Boulevard 0.4% $5,250,000 9/26/2016   4.5300% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 60 60
Loan   51 Walgreens - Alma, MI 0.4% $5,850,000 8/24/2016   4.7500% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan 8 52 Michigan Rite Aid Portfolio 0.4% $8,200,000     5.1400% 0.02276% 0.00250% 0.01000% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Property   52.01 Rite Aid - Spring Lake, MI   $4,200,000 10/5/2016                                  
Property   52.02 Rite Aid - Coloma, MI   $4,000,000 10/5/2016                                  
Loan   53 CVS Pharmacy - Sanford, FL 0.3% $4,800,000 10/13/2016   4.7800% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 0 0
Loan   54 Manassas Crossroads 0.3% $7,000,000 10/8/2016   3.9020% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 0 No 120 120 120 120
Loan   55 Park Royale Apartments 0.2% $3,650,000 5/2/2016   4.2691% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 0 0
Loan   56 StorQuest - Tucson Pima, AZ 0.2% $3,550,000 9/29/2016   4.8480% 0.01526% 0.00250% 0.00250% 0.00000% 0.00662% 0.00259% 0.00055% 0.00050% Actual/360 1 No 120 119 36 35

 

A-1-4 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGE LOAN CHARACTERISTICS                
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Original
Amortization
Term (mos.)
Remaining
Amortization
Term (mos.)
Note Date First
Payment
Date
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Stated Maturity Date
Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)
Annual Debt
Service
(P&I)
Annual Debt
Service
(IO)
Lockbox Type Cash Management Status Crossed With
Other Loans
Related-Borrower Loans UW NOI
DSCR (P&I)
UW NOI
DSCR (IO)
UW NCF
DSCR (P&I)
UW NCF
DSCR (IO)
Loan 4, 5 1 Hilton Hawaiian Village 6.9% 0 0 10/24/2016 12/1/2016 N/A 11/1/2026 N/A $0.00 $223,535.89 $0.00 $2,682,430.68 Hard In Place No N/A N/A 4.98x N/A 4.47x
Loan 4, 6, 7 2 191 Peachtree 6.1% 0 0 10/25/2016 12/5/2016 N/A 11/5/2026 N/A $0.00 $173,425.69 $0.00 $2,081,108.28 Hard In Place No N/A N/A 3.05x N/A 2.69x
Loan 4 3 Wolfchase Galleria 6.1% 360 359 10/26/2016 12/1/2016 N/A 11/1/2026 N/A $267,228.83 $0.00 $3,206,745.96 $0.00 Hard Springing No Group 1 1.84x N/A 1.72x N/A
Loan 6 4 100 Hamilton 5.8% 0 0 11/15/2016 1/1/2017 N/A 12/1/2026 N/A $0.00 $171,955.56 $0.00 $2,063,466.72 Hard Springing No N/A N/A 3.41x N/A 3.21x
Loan 4 5 Potomac Mills 5.7% 0 0 10/5/2016 12/1/2016 N/A 11/1/2026 N/A $0.00 $131,287.69 $0.00 $1,575,452.28 Hard Springing No Group 1 N/A 4.57x N/A 4.39x
Loan 4, 8 6 FedEx Ground Portfolio 4.7%   0 0 11/1/2016 12/1/2016 N/A 11/1/2026 N/A $0.00 $149,307.81 $0.00 $1,791,693.72 Hard In Place No N/A N/A 3.17x N/A 3.16x
Property   6.01 Fedex - Yonkers, NY                                        
Property   6.02 Fedex - Elmsford, NY                                        
Property   6.03 Fedex - Bridgeport, PA                                        
Loan   7 Big Flats Consumer Square 4.4% 360 360 10/7/2016 12/1/2016 12/1/2021 11/1/2026 N/A $184,356.20 $124,281.66 $2,212,274.40 $1,491,379.92 Hard Springing No N/A 2.21x 3.27x 1.96x 2.91x
Loan 6 8 The Barlow 4.1% 360 360 11/10/2016 1/6/2017 1/6/2019 12/6/2026 N/A $195,956.94 $150,974.39 $2,351,483.28 $1,811,692.71 Springing Springing No N/A 1.36x 1.77x 1.31x 1.70x
Loan   9 The Crossings of Spring Hill 3.2% 360 360 10/31/2016 12/1/2016 12/1/2019 11/1/2026 N/A $150,121.64 $115,276.51 $1,801,459.68 $1,383,318.12 Springing Springing No N/A 1.61x 2.09x 1.53x 1.99x
Loan   10 Club Royale Apartments 3.1% 360 359 10/11/2016 12/6/2016 N/A 11/6/2026 N/A $136,823.79 $0.00 $1,641,885.48 $0.00 Springing Springing No Group 3 1.44x N/A 1.39x N/A
Loan 4 11 American Greetings HQ 3.0% 300 299 10/5/2016 12/1/2016 N/A 11/1/2026 N/A $153,404.15 $0.00 $1,840,849.80 $0.00 Hard Springing No N/A 1.57x N/A 1.45x N/A
Loan   12 Willco Business Center 2.8% 360 360 11/10/2016 1/6/2017 1/6/2019 12/6/2026 N/A $133,312.05 $102,912.85 $1,599,744.60 $1,234,954.18 Springing Springing No N/A 1.49x 1.93x 1.36x 1.77x
Loan 11 13 Enterprise Plaza 2.7% 360 360 11/18/2016 1/1/2017 1/1/2020 12/1/2026 N/A $126,771.91 $96,877.08 $1,521,262.92 $1,162,524.96 Hard Springing No N/A 1.42x 1.86x 1.29x 1.69x
Loan 8, 9 14 Walgreens Pool 7 2.7% 360 359 11/1/2016 12/6/2016 N/A 1/6/2027 N/A $126,870.23 $0.00 $1,522,442.76 $0.00 Springing Springing No Group 2 1.27x N/A 1.27x N/A
Property   14.01 Walgreens Oak Brook                                        
Property   14.02 Walgreens Park Ridge                                        
Property   14.03 Walgreens Dallas                                        
Property   14.04 Walgreens Round Lake Beach                                        
Property   14.05 Walgreens Pasadena                                        
Property   14.06 Walgreens Scottsdale                                        
Loan 10 15 Le Meridien Tampa 2.6% 360 360 11/17/2016 1/1/2017 N/A 12/1/2026 N/A $144,046.46 $0.00 $1,728,557.52 $0.00 Hard In Place No N/A 1.64x N/A 1.41x N/A
Loan 12 16 Parkview Plaza 2.5% 360 360 11/1/2016 12/1/2016 12/1/2017 11/1/2026 N/A $112,418.82 $83,284.64 $1,349,025.84 $999,415.68 Hard Springing No N/A 1.48x 2.00x 1.36x 1.83x
Loan 8, 9 17 Walgreens Pool 5 2.2% 360 359 11/1/2016 12/6/2016 N/A 1/6/2027 N/A $105,298.30 $0.00 $1,263,579.60 $0.00 Springing Springing No Group 2 1.27x N/A 1.27x N/A
Property   17.01 Walgreens Ballwin                                        
Property   17.02 Walgreens Espanola                                        
Property   17.03 Walgreens Round Rock                                        
Property   17.04 Walgreens Dickson                                        
Property   17.05 Walgreens Burleson                                        
Loan   18 Advance Auto Parts Distribution Facility 2.1% 360 360 11/1/2016 12/1/2016 12/1/2021 11/1/2026 N/A $96,496.13 $72,560.65 $1,157,953.56 $870,727.80 Hard Springing No N/A 1.54x 2.05x 1.36x 1.81x
Loan   19 Rosedale Marketplace 2.0% 360 360 11/17/2016 1/1/2017 1/1/2020 12/1/2026 N/A $91,846.19 $69,350.00 $1,102,154.28 $832,200.00 Springing Springing No N/A 1.53x 2.02x 1.42x 1.88x
Loan   20 Livonia Commons 1.9% 360 358 9/15/2016 11/1/2016 N/A 10/1/2026 N/A $85,200.51 $0.00 $1,022,406.12 $0.00 Springing Springing No N/A 1.58x N/A 1.45x N/A
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% 360 360 9/1/2016 10/1/2016 10/1/2018 9/1/2026 N/A $73,098.91 $52,861.63 $877,186.92 $634,339.56 Springing Springing No N/A 1.43x 1.97x 1.40x 1.93x
Property   21.01 Ilaria Apartments                                        
Property   21.02 Morino Apartments                                        
Property   21.03 Cortena Apartments                                        
Loan   22 Trinity Village 1.5% 360 360 10/24/2016 12/1/2016 12/1/2018 11/1/2026 N/A $69,298.12 $51,835.70 $831,577.44 $622,028.40 Springing Springing No N/A 1.50x 2.00x 1.37x 1.83x
Loan   23 Carelton Courtyard and University Place 1.4% 360 360 9/2/2016 11/1/2016 11/1/2019 10/1/2026 N/A $63,601.53 $46,262.48 $763,218.36 $555,149.76 Springing Springing No N/A 1.62x 2.23x 1.56x 2.15x
Loan   24 Alicia Office Park 1.3% 360 360 11/10/2016 1/6/2017 N/A 12/6/2026 N/A $64,060.80 $0.00 $768,729.60 $0.00 Springing Springing No N/A 1.56x N/A 1.42x N/A
Loan 8 25 James Creek and Foxfire Student Housing 1.2% 360 357 9/1/2016 10/1/2016 N/A 9/1/2026 N/A $51,074.55 $0.00 $612,894.60 $0.00 Springing Springing No N/A 1.68x N/A 1.60x N/A
Property   25.01 James Creek                                        
Property   25.02 Foxfire                                        
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% 360 360 11/10/2016 1/6/2017 N/A 12/6/2026 N/A $51,210.08 $0.00 $614,520.96 $0.00 Springing Springing No N/A 2.37x N/A 1.78x N/A
Property   26.01 4001 West Minnesota Street                                        
Property   26.02 1806 and 1848 Stout Field Drive                                        
Loan 8, 9 27 Southeast Retail Portfolio 1.0% 360 360 11/10/2016 1/1/2017 1/1/2022 12/1/2026 N/A $49,204.97 $37,963.38 $590,459.64 $455,560.56 Soft Springing No N/A 1.96x 2.54x 1.64x 2.13x
Property   27.01 Sangaree Plaza                                        
Property   27.02 Tri-County Plaza                                        
Property   27.03 Berkley Center                                        
Loan   28 105 South York Street 1.0% 360 360 11/14/2016 1/1/2017 7/1/2019 12/1/2026 N/A $47,342.93 $36,996.81 $568,115.16 $443,961.72 Springing Springing No N/A 1.54x 1.98x 1.40x 1.79x
Loan   29 Bay Area Self Storage Phase 1 1.0% 0 0 11/10/2016 1/1/2017 N/A 12/1/2026 N/A $0.00 $29,749.19 $0.00 $356,990.28 Springing Springing No Group 4 N/A 2.71x N/A 2.68x
Loan   30 The Heights at State College Phase IV 0.9% 360 360 9/9/2016 11/1/2016 11/1/2017 10/1/2026 N/A $42,407.51 $31,888.50 $508,890.12 $382,662.00 Springing Springing No N/A 1.46x 1.94x 1.43x 1.91x
Loan   31 Big Springs Village 0.9% 360 360 11/1/2016 12/1/2016 12/1/2018 11/1/2026 N/A $41,813.57 $31,213.67 $501,762.84 $374,564.04 Hard Springing No N/A 1.73x 2.32x 1.61x 2.16x
Loan   32 Whisper Creek 0.8% 360 360 10/28/2016 12/6/2016 6/6/2018 11/6/2026 N/A $39,097.17 $29,393.15 $469,166.04 $352,717.75 Springing Springing No N/A 1.49x 1.99x 1.44x 1.92x
Loan   33 Kohl’s - Lutz, FL Fee 0.8% 360 359 10/7/2016 12/1/2016 N/A 11/1/2021 N/A $38,780.52 $0.00 $465,366.24 $0.00 Springing Springing No N/A 1.37x N/A 1.37x N/A
Loan   34 Harris Industrial Building 0.8% 360 360 11/10/2016 1/1/2017 N/A 12/1/2026 N/A $37,511.72 $0.00 $450,140.64 $0.00 Soft Springing No N/A 1.47x N/A 1.30x N/A
Loan   35 Gateway Plaza 0.8% 360 359 11/1/2016 12/1/2016 N/A 11/1/2026 N/A $36,430.98 $0.00 $437,171.76 $0.00 Soft Springing No N/A 2.09x N/A 1.76x N/A
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% 360 360 11/10/2016 1/1/2017 N/A 12/1/2026 N/A $23,889.18 $0.00 $286,670.16 $0.00 Hard Springing Yes Group 8 1.45x N/A 1.36x N/A
Property   36.01 Pei Wei/Mattress One                                        
Property   36.02 Aspen Dental                                        
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% 360 360 11/10/2016 1/1/2017 N/A 12/1/2026 N/A $10,438.07 $0.00 $125,256.84 $0.00 Hard Springing Yes Group 8 1.45x N/A 1.36x N/A
Property   37.01 Taco Bell Orlando Leased Fee                                        
Property   37.02 Just Brakes Tampa                                        
Loan   38 StorQuest - Oakland, CA 0.6% 360 360 11/7/2016 1/1/2017 1/1/2022 12/1/2026 N/A $27,706.22 $20,335.91 $332,474.64 $244,030.92 Springing Springing No Group 7 1.67x 2.27x 1.65x 2.25x
Loan   39 Fairgate Apartments 0.6% 360 360 6/15/2016 8/1/2016 8/1/2018 7/1/2026 N/A $28,268.93 $21,932.22 $339,227.16 $263,186.64 Springing Springing No Group 5 1.99x 2.57x 1.80x 2.32x
Loan   40 Chestnut Commons 0.6% 360 360 11/10/2016 1/1/2017 N/A 12/1/2026 N/A $28,279.47 $0.00 $339,353.64 $0.00 Hard Springing No N/A 1.70x N/A 1.49x N/A
Loan   41 The Orchard 0.6% 360 360 11/10/2016 1/1/2017 1/1/2018 12/1/2026 N/A $26,779.52 $20,713.50 $321,354.24 $248,562.00 Springing Springing No N/A 1.54x 2.00x 1.42x 1.84x
Loan   42 Bay Area Self Storage Phase 2 0.6% 0 0 11/10/2016 1/1/2017 N/A 12/1/2026 N/A $0.00 $16,999.54 $0.00 $203,994.48 Springing Springing No Group 4 N/A 3.20x N/A 3.17x
Loan   43 Vista Lofts 0.6% 360 360 11/10/2016 1/1/2017 1/1/2019 12/1/2026 N/A $27,116.77 $21,502.89 $325,401.24 $258,034.68 Springing Springing No N/A 1.44x 1.81x 1.34x 1.69x
Loan   44 Valencia Apartments 0.5% 360 359 10/11/2016 12/6/2016 N/A 11/6/2026 N/A $21,694.58 $0.00 $260,334.96 $0.00 Springing Springing No Group 3 1.48x N/A 1.43x N/A
Loan   45 Falcon Creek Phase II Apartments 0.5% 360 359 10/21/2016 12/1/2016 N/A 11/1/2026 N/A $22,189.74 $0.00 $266,276.88 $0.00 Springing Springing No Group 6 1.51x N/A 1.46x N/A
Loan   46 Diamond Southwest Industrial 0.5% 360 359 10/20/2016 12/1/2016 N/A 11/1/2026 N/A $21,458.43 $0.00 $257,501.16 $0.00 Springing Springing No N/A 1.51x N/A 1.33x N/A
Loan   47 Burnet House Apartments 0.5% 360 359 10/11/2016 12/6/2016 N/A 11/6/2026 N/A $20,708.47 $0.00 $248,501.64 $0.00 Springing Springing No Group 3 1.51x N/A 1.46x N/A
Loan   48 Windy Knolls Phase II Apartments 0.4% 360 360 11/4/2016 1/1/2017 N/A 12/1/2026 N/A $20,441.11 $0.00 $245,293.32 $0.00 Springing Springing No Group 6 1.52x N/A 1.46x N/A
Loan   49 Colonial East Apartments 0.4% 360 360 6/15/2016 8/1/2016 8/1/2018 7/1/2026 N/A $18,026.34 $13,985.58 $216,316.08 $167,826.96 Springing Springing No Group 5 2.05x 2.64x 1.75x 2.25x
Loan   50 2601 Westinghouse Boulevard 0.4% 360 360 11/4/2016 1/1/2017 1/1/2022 12/1/2026 N/A $17,186.27 $12,936.72 $206,235.24 $155,240.64 Hard Springing No N/A 1.54x 2.04x 1.41x 1.87x
Loan   51 Walgreens - Alma, MI 0.4% 300 299 10/26/2016 12/1/2016 N/A 11/1/2026 N/A $19,098.93 $0.00 $229,187.16 $0.00 Hard Springing No N/A 1.47x N/A 1.45x N/A
Loan 8 52 Michigan Rite Aid Portfolio 0.4% 180 179 11/1/2016 12/1/2016 N/A 11/1/2026 N/A $26,137.96 $0.00 $313,655.52 $0.00 Hard In Place No N/A 1.73x N/A 1.61x N/A
Property   52.01 Rite Aid - Spring Lake, MI                                        
Property   52.02 Rite Aid - Coloma, MI                                        
Loan   53 CVS Pharmacy - Sanford, FL 0.3% 360 360 11/7/2016 1/1/2017 N/A 12/1/2026 N/A $16,227.17 $0.00 $194,726.04 $0.00 Springing Springing No N/A 1.33x N/A 1.33x N/A
Loan   54 Manassas Crossroads 0.3% 0 0 11/9/2016 1/1/2017 N/A 12/1/2026 N/A $0.00 $9,890.49 $0.00 $118,685.88 N/A N/A No N/A N/A 4.07x N/A 3.78x
Loan   55 Park Royale Apartments 0.2% 360 359 10/11/2016 12/6/2016 N/A 11/6/2026 N/A $9,811.87 $0.00 $117,742.44 $0.00 Springing Springing No Group 3 1.42x N/A 1.38x N/A
Loan   56 StorQuest - Tucson Pima, AZ 0.2% 360 360 10/31/2016 12/1/2016 12/1/2019 11/1/2026 N/A $10,023.84 $7,782.61 $120,286.08 $93,391.32 Springing Springing No Group 7 1.65x 2.12x 1.58x 2.03x

 

A-1-5 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGE LOAN CHARACTERISTICS     MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS    
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Cut-Off Date
LTV Ratio
Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)
YM
Formula
  Third Most
Recent Revenues
Third Most
Recent Expenses
Third Most
Recent NOI
Third
Most Recent
NOI Date
Third Most
Recent NOI
Debt Yield
Second Most
 Recent Revenues
Second Most
 Recent Expenses
Second Most
 Recent NOI
Loan 4, 5 1 Hilton Hawaiian Village 6.9% 31.2% 31.2% 0 0 First LO(25);DEF/YM1(88);O(7) A   $346,089,627 $212,385,223 $133,704,403 12/31/2014 19.2% $366,791,223 $223,381,851 $143,409,372
Loan 4, 6, 7 2 191 Peachtree 6.1% 64.9% 64.9% 0 5 Fifth LO(25);DEF(88);O(7)     $31,836,683 $13,942,784 $17,893,899 12/31/2014 10.2% $31,996,474 $14,217,230 $17,779,244
Loan 4 3 Wolfchase Galleria 6.1% 64.9% 52.0% 0 4 First LO(25);DEF(88);O(7)     $25,868,069 $8,578,260 $17,289,809 12/31/2014 10.5% $25,751,898 $8,571,453 $17,180,445
Loan 6 4 100 Hamilton 5.8% 46.9% 46.9% 0 0 First LO(24);DEF(93);O(3)     $6,856,985 $1,673,292 $5,183,693 12/31/2014 9.8% $7,150,668 $1,685,312 $5,465,356
Loan 4 5 Potomac Mills 5.7% 38.0% 38.0% 0 0 First LO(25);DEF(88);O(7)     $52,996,465 $15,601,250 $37,395,215 12/31/2014 12.9% $53,336,259 $14,386,618 $38,949,641
Loan 4, 8 6 FedEx Ground Portfolio 4.7% 44.2% 44.2% 5 0 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A
Property   6.01 Fedex - Yonkers, NY                   N/A N/A N/A N/A   N/A N/A N/A
Property   6.02 Fedex - Elmsford, NY                   N/A N/A N/A N/A   N/A N/A N/A
Property   6.03 Fedex - Bridgeport, PA                   N/A N/A N/A N/A   N/A N/A N/A
Loan   7 Big Flats Consumer Square 4.4% 57.6% 52.0% 5 5 First LO(25);DEF(91);O(4)     $6,324,939 $2,083,617 $4,241,322 12/31/2014 10.5% $7,075,766 $2,159,296 $4,916,470
Loan 6 8 The Barlow 4.1% 63.6% 54.8% 0 0 Sixth LO(24);DEF(92);O(4)     $3,085,133 $976,850 $2,108,283 12/31/2014 5.6% $3,622,440 $1,234,114 $2,388,326
Loan   9 The Crossings of Spring Hill 3.2% 73.4% 64.7% 7 7 First LO(25);DEF(92);O(3)     $3,399,533 $603,630 $2,795,903 12/31/2014 9.7% $3,514,532 $654,087 $2,860,445
Loan   10 Club Royale Apartments 3.1% 71.7% 57.7% 0 0 Sixth LO(25);DEF(90);O(5)     $4,176,779 $1,721,202 $2,455,577 12/31/2014 8.9% $4,175,096 $1,914,455 $2,260,641
Loan 4 11 American Greetings HQ 3.0% 61.7% 45.9% 0 0 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   12 Willco Business Center 2.8% 67.3% 58.1% 0 0 Sixth LO(24);DEF(92);O(4)     $3,096,451 $1,246,994 $1,849,457 12/31/2014 7.3% $3,312,030 $1,163,606 $2,148,424
Loan 11 13 Enterprise Plaza 2.7% 64.8% 57.1% 0 5 First LO(24);DEF(89);O(7)     $3,251,485 $940,216 $2,311,269 12/31/2014 9.4% $3,293,090 $978,992 $2,314,098
Loan 8, 9 14 Walgreens Pool 7 2.7% 64.6% 52.5% 0 0 Sixth LO(3);YM1(22);DEF/YM1(91);O(6) B   N/A N/A N/A N/A N/A N/A N/A N/A
Property   14.01 Walgreens Oak Brook                   N/A N/A N/A N/A   N/A N/A N/A
Property   14.02 Walgreens Park Ridge                   N/A N/A N/A N/A   N/A N/A N/A
Property   14.03 Walgreens Dallas                   N/A N/A N/A N/A   N/A N/A N/A
Property   14.04 Walgreens Round Lake Beach                   N/A N/A N/A N/A   N/A N/A N/A
Property   14.05 Walgreens Pasadena                   N/A N/A N/A N/A   N/A N/A N/A
Property   14.06 Walgreens Scottsdale                   N/A N/A N/A N/A   N/A N/A N/A
Loan 10 15 Le Meridien Tampa 2.6% 62.3% 53.0% 0 5 First LO(24);DEF(92);O(4)     $3,921,667 $3,772,672 $148,995 12/31/2014 0.6% $8,530,327 $6,602,235 $1,928,092
Loan 12 16 Parkview Plaza 2.5% 72.8% 60.5% 0 0 First LO(25);DEF(91);O(4)     $2,727,398 $720,481 $2,006,917 12/31/2014 8.9% $2,876,377 $712,688 $2,163,689
Loan 8, 9 17 Walgreens Pool 5 2.2% 64.6% 52.5% 0 0 Sixth LO(3);YM1(22);DEF/YM1(91);O(6) B   N/A N/A N/A N/A N/A N/A N/A N/A
Property   17.01 Walgreens Ballwin                   N/A N/A N/A N/A   N/A N/A N/A
Property   17.02 Walgreens Espanola                   N/A N/A N/A N/A   N/A N/A N/A
Property   17.03 Walgreens Round Rock                   N/A N/A N/A N/A   N/A N/A N/A
Property   17.04 Walgreens Dickson                   N/A N/A N/A N/A   N/A N/A N/A
Property   17.05 Walgreens Burleson                   N/A N/A N/A N/A   N/A N/A N/A
Loan   18 Advance Auto Parts Distribution Facility 2.1% 62.5% 57.3% 0 5 First LO(25);DEF(89);O(6)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   19 Rosedale Marketplace 2.0% 57.1% 50.2% 0 5 First LO(24);DEF(92);O(4)     $2,485,710 $1,014,364 $1,471,346 12/31/2014 8.2% $2,787,028 $966,160 $1,820,868
Loan   20 Livonia Commons 1.9% 71.2% 57.2% 0 5 First LO(26);DEF(90);O(4)     $100,122 $242,180 -$142,058 12/31/2014 -0.8% $1,260,544 $385,290 $875,254
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% 70.5% 59.8% 5 4 First LO(27);DEF(88);O(5)     $827,380 $161,236 $666,144 12/31/2014 4.4% $984,342 $238,710 $745,632
Property   21.01 Ilaria Apartments                   $512,155 $87,599 $424,556 12/31/2014   $650,979 $150,449 $500,530
Property   21.02 Morino Apartments                   N/A N/A N/A N/A   N/A N/A N/A
Property   21.03 Cortena Apartments                   $315,225 $73,637 $241,588 12/31/2014   $333,363 $88,261 $245,102
Loan   22 Trinity Village 1.5% 73.0% 62.4% 0 5 First LO(25);DEF(92);O(3)     $1,425,898 $413,895 $1,012,002 12/31/2014 7.4% $1,426,388 $467,875 $958,513
Loan   23 Carelton Courtyard and University Place 1.4% 75.0% 65.4% 7 7 First LO(26);DEF(90);O(4)     N/A N/A N/A N/A N/A $2,102,400 $1,057,588 $1,044,812
Loan   24 Alicia Office Park 1.3% 64.2% 52.6% 0 0 Sixth LO(24);DEF(91);O(5)     $820,769 $529,911 $290,859 8/31/2015 TTM 2.4% $909,549 $568,578 $340,971
Loan 8 25 James Creek and Foxfire Student Housing 1.2% 69.1% 55.1% 5 5 First LO(27);DEF(89);O(4)     $1,710,951 $618,434 $1,092,517 12/31/2014 10.2% $1,693,777 $580,184 $1,113,593
Property   25.01 James Creek                   $1,385,713 $483,309 $902,404 12/31/2014   $1,364,979 $456,858 $908,121
Property   25.02 Foxfire                   $325,238 $135,125 $190,113 12/31/2014   $328,798 $123,326 $205,472
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% 60.5% 49.5% 0 0 Sixth LO(24);DEF(92);O(4)     $2,012,543 $1,029,330 $983,213 12/31/2014 10.0% $1,954,996 $986,248 $968,748
Property   26.01 4001 West Minnesota Street                   $1,138,148 $641,523 $496,625 12/31/2014   $1,124,574 $651,917 $472,657
Property   26.02 1806 and 1848 Stout Field Drive                   $874,395 $387,807 $486,588 12/31/2014   $830,422 $334,331 $496,091
Loan 8, 9 27 Southeast Retail Portfolio 1.0% 62.1% 57.2% 0 5 First LO(24);DEF(93);O(3)     $1,700,595 $515,395 $1,185,200 12/31/2014 12.6% $1,769,129 $533,794 $1,235,335
Property   27.01 Sangaree Plaza                   $736,999 $205,885 $531,114 12/31/2014   $776,653 $209,805 $566,848
Property   27.02 Tri-County Plaza                   $501,579 $134,482 $367,097 12/31/2014   $502,079 $118,707 $383,372
Property   27.03 Berkley Center                   $462,017 $175,028 $286,989 12/31/2014   $490,397 $205,282 $285,115
Loan   28 105 South York Street 1.0% 73.0% 63.9% 7 7 First LO(24);DEF(93);O(3)     $1,219,505 $424,781 $794,724 12/31/2014 8.9% $1,292,836 $394,425 $898,411
Loan   29 Bay Area Self Storage Phase 1 1.0% 56.5% 56.5% 5 4 First LO(24);YM1(91);O(5) C   $1,192,359 $282,332 $910,027 12/31/2014 10.4% $1,224,035 $289,627 $934,407
Loan   30 The Heights at State College Phase IV 0.9% 67.3% 56.2% 7 7 First LO(26);DEF(91);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   31 Big Springs Village 0.9% 74.1% 63.3% 5 4 First LO(25);DEF(91);O(4)     $1,069,521 $247,545 $821,976 12/31/2014 9.9% $1,088,463 $263,990 $824,473
Loan   32 Whisper Creek 0.8% 58.8% 49.7% 0 0 Sixth LO(25);DEF(91);O(4)     $937,934 $484,559 $453,375 12/31/2014 5.9% $1,192,202 $560,107 $632,095
Loan   33 Kohl’s - Lutz, FL Fee 0.8% 64.3% 59.2% 0 0 First LO(25);DEF(32);O(3)     $630,000 $4,484 $625,516 12/31/2013 8.5% $630,000 $5,179 $624,821
Loan   34 Harris Industrial Building 0.8% 70.5% 57.8% 0 0 First LO(24);DEF(90);O(6)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   35 Gateway Plaza 0.8% 55.5% 45.4% 5 5 First LO(25);DEF(92);O(3)     $1,407,538 $594,695 $812,843 12/31/2014 11.6% $1,392,959 $560,018 $832,940
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% 57.1% 47.1% 0 5 First LO(24);DEF(93);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A
Property   36.01 Pei Wei/Mattress One                   N/A N/A N/A N/A   N/A N/A N/A
Property   36.02 Aspen Dental                   N/A N/A N/A N/A   N/A N/A N/A
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% 57.1% 47.1% 0 5 First LO(24);DEF(93);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A
Property   37.01 Taco Bell Orlando Leased Fee                   N/A N/A N/A N/A   N/A N/A N/A
Property   37.02 Just Brakes Tampa                   N/A N/A N/A N/A   N/A N/A N/A
Loan   38 StorQuest - Oakland, CA 0.6% 62.9% 57.5% 5 4 First LO(24);DEF(91);O(5)     $729,106 $279,907 $449,199 12/31/2014 8.0% $807,301 $284,819 $522,482
Loan   39 Fairgate Apartments 0.6% 62.8% 54.2% 7 7 First LO(29);DEF(87);O(4)     $1,346,542 $794,302 $552,240 12/31/2014 10.3% $1,416,515 $857,326 $559,189
Loan   40 Chestnut Commons 0.6% 60.3% 49.8% 0 5 First LO(24);DEF(93);O(3)     $688,629 $297,744 $390,885 12/31/2014 7.4% $844,327 $278,635 $565,692
Loan   41 The Orchard 0.6% 73.4% 61.7% 5 4 First LO(24);YM1(90);O(6) D   $521,446 $226,167 $295,278 12/31/2014 5.8% $606,006 $244,969 $361,036
Loan   42 Bay Area Self Storage Phase 2 0.6% 50.0% 50.0% 5 4 First LO(24);YM1(91);O(5) C   $785,940 $183,279 $602,662 12/31/2014 12.1% $808,948 $189,484 $619,463
Loan   43 Vista Lofts 0.6% 70.3% 61.1% 7 7 First LO(24);DEF(93);O(3)     $686,336 $302,435 $383,901 12/31/2014 7.7% $758,014 $327,630 $430,384
Loan   44 Valencia Apartments 0.5% 66.6% 53.6% 0 0 Sixth LO(25);DEF(90);O(5)     $546,999 $194,185 $352,814 12/31/2014 8.0% $563,049 $184,170 $378,879
Loan   45 Falcon Creek Phase II Apartments 0.5% 63.6% 51.8% 5 4 First LO(25);DEF/YM1(90);O(5) E   $653,231 $265,428 $387,803 12/31/2014 9.0% $692,155 $278,066 $414,089
Loan   46 Diamond Southwest Industrial 0.5% 67.4% 54.6% 5 5 First LO(25);YM1(92);O(3) F   $438,061 $88,178 $349,883 12/31/2014 8.2% $449,005 $97,114 $351,891
Loan   47 Burnet House Apartments 0.5% 63.5% 51.2% 0 0 Sixth LO(25);DEF(90);O(5)     $492,316 $178,221 $314,095 12/31/2014 7.5% $517,119 $130,415 $386,704
Loan   48 Windy Knolls Phase II Apartments 0.4% 57.2% 46.7% 5 4 First LO(24);DEF/YM1(91);O(5) E   $614,737 $269,819 $344,918 12/31/2014 8.7% $658,046 $334,526 $323,520
Loan   49 Colonial East Apartments 0.4% 61.8% 53.4% 7 7 First LO(29);DEF(87);O(4)     $961,035 $579,166 $381,869 12/31/2014 11.2% $979,760 $651,611 $328,149
Loan   50 2601 Westinghouse Boulevard 0.4% 64.4% 59.0% 7 7 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   51 Walgreens - Alma, MI 0.4% 57.2% 42.6% 0 0 First LO(25);DEF(92);O(3)     $388,813 $48,053 $340,760 12/31/2013 10.2% $386,241 $44,182 $342,059
Loan 8 52 Michigan Rite Aid Portfolio 0.4% 39.8% 17.4% 5 5 First LO(25);YM1(89);O(6) F   $524,420 $3,404 $521,016 12/31/2014 16.0% $524,340 $3,420 $520,920
Property   52.01 Rite Aid - Spring Lake, MI                   $268,980 $1,702 $267,278 12/31/2014   $268,900 $1,710 $267,190
Property   52.02 Rite Aid - Coloma, MI                   $255,440 $1,702 $253,738 12/31/2014   $255,440 $1,710 $253,730
Loan   53 CVS Pharmacy - Sanford, FL 0.3% 64.6% 52.8% 7 7 First LO(24);DEF(93);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   54 Manassas Crossroads 0.3% 42.9% 42.9% 5 4 First LO(24);YM1(92);O(4) C   $501,245 $110,287 $390,958 12/31/2014 13.0% $620,716 $122,005 $498,711
Loan   55 Park Royale Apartments 0.2% 54.4% 43.8% 0 0 Sixth LO(25);DEF(90);O(5)     $219,822 $61,361 $158,461 12/31/2014 8.0% $236,415 $71,483 $164,932
Loan   56 StorQuest - Tucson Pima, AZ 0.2% 53.5% 47.3% 5 4 First LO(25);DEF(90);O(5)     $348,557 $228,414 $120,143 12/31/2014 6.3% $375,955 $255,174 $120,781

 

A-1-6 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS                
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Second
Most Recent
NOI Date
Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Most
 Recent Expenses
Most
Recent NOI
Most
Recent
NOI Date
Most
Recent NOI
Debt Yield
UW
Occupancy
UW EGI UW
Expenses
UW NOI  UW NOI
Debt Yield
UW
Replacement
Reserves
UW TI/LC UW NCF UW NCF
Debt Yield
 
Loan 4, 5 1 Hilton Hawaiian Village 6.9% 12/31/2015 20.6% $376,987,438 $230,014,821 $146,972,617 9/30/2016 TTM 21.1% 94.6% $374,437,743 $226,873,258 $147,564,485 21.2% $14,977,510 $0 $132,586,975 19.0%  
Loan 4, 6, 7 2 191 Peachtree 6.1% 12/31/2015 10.1% $32,332,190 $14,196,590 $18,135,599 9/30/2016 TTM 10.3% 88.8% $36,053,641 $15,817,308 $20,236,332 11.5% $305,536 $2,096,099 $17,834,697 10.2%  
Loan 4 3 Wolfchase Galleria 6.1% 12/31/2015 10.4% $26,030,970 $8,724,355 $17,306,615 8/31/2016 TTM 10.5% 90.1% $25,912,897 $8,234,769 $17,678,128 10.7% $97,435 $1,017,045 $16,563,648 10.1%  
Loan 6 4 100 Hamilton 5.8% 12/31/2015 10.3% $7,445,464 $1,669,880 $5,775,584 9/30/2016 TTM 10.9% 95.0% $9,008,224 $1,977,857 $7,030,367 13.3% $17,957 $394,130 $6,618,280 12.5%  
Loan 4 5 Potomac Mills 5.7% 12/31/2015 13.4% $54,639,014 $14,340,962 $40,298,052 8/31/2016 TTM 13.8% 95.0% $53,920,493 $13,594,604 $40,325,889 13.9% $322,385 $1,289,527 $38,713,977 13.3%  
Loan 4, 8 6 FedEx Ground Portfolio 4.7% N/A N/A N/A N/A N/A N/A N/A 98.0% $23,188,063 $463,761 $22,724,302 13.4% $75,112 $0 $22,649,190 13.3%  
Property   6.01 Fedex - Yonkers, NY   N/A   N/A N/A N/A N/A   98.0% $10,148,362 $202,967 $9,945,394   $12,188 $0 $9,933,206    
Property   6.02 Fedex - Elmsford, NY   N/A   N/A N/A N/A N/A   98.0% $9,227,089 $184,542 $9,042,546   $32,350 $0 $9,010,197    
Property   6.03 Fedex - Bridgeport, PA   N/A   N/A N/A N/A N/A   98.0% $3,812,614 $76,252 $3,736,361   $30,573 $0 $3,705,788    
Loan   7 Big Flats Consumer Square 4.4% 12/31/2015 12.2% $7,045,566 $2,085,713 $4,959,853 7/31/2016 TTM 12.3% 91.8% $7,018,665 $2,137,863 $4,880,803 12.1% $86,132 $453,630 $4,341,041 10.8%  
Loan 6 8 The Barlow 4.1% 12/31/2015 6.4% $4,076,266 $1,335,228 $2,741,038 7/31/2016 TTM 7.3% 93.9% $4,616,711 $1,418,536 $3,198,176 8.5% $26,802 $84,180 $3,087,194 8.2%  
Loan   9 The Crossings of Spring Hill 3.2% 12/31/2015 9.9% $3,583,929 $620,980 $2,962,949 7/31/2016 TTM 10.3% 93.5% $3,568,137 $671,746 $2,896,390 10.0% $32,986 $113,933 $2,749,472 9.5%  
Loan   10 Club Royale Apartments 3.1% 12/31/2015 8.2% $4,337,627 $1,901,745 $2,435,882 8/31/2016 TTM 8.8% 93.4% $4,388,918 $2,018,963 $2,369,955 8.6% $83,500 $0 $2,286,455 8.3%  
Loan 4 11 American Greetings HQ 3.0% N/A N/A N/A N/A N/A N/A N/A 95.0% $10,382,494 $513,508 $9,868,986 10.7% $98,395 $655,969 $9,114,622 9.9%  
Loan   12 Willco Business Center 2.8% 12/31/2015 8.4% $3,433,979 $1,179,675 $2,254,304 8/31/2016 TTM 8.9% 86.2% $3,584,455 $1,202,746 $2,381,709 9.4% $56,989 $142,472 $2,182,248 8.6%  
Loan 11 13 Enterprise Plaza 2.7% 12/31/2015 9.4% $3,079,079 $1,028,182 $2,050,897 8/31/2016 TTM 8.4% 87.0% $3,214,116 $1,046,480 $2,167,636 8.8% $38,042 $161,679 $1,967,915 8.0%  
Loan 8, 9 14 Walgreens Pool 7 2.7% N/A N/A N/A N/A N/A N/A N/A 98.0% $1,951,562 $19,516 $1,932,047 7.9% $0 $0 $1,932,047 7.9%  
Property   14.01 Walgreens Oak Brook   N/A   N/A N/A N/A N/A   98.0% $379,002 $3,790 $375,212   $0 $0 $375,212    
Property   14.02 Walgreens Park Ridge   N/A   N/A N/A N/A N/A   98.0% $376,621 $3,766 $372,855   $0 $0 $372,855    
Property   14.03 Walgreens Dallas   N/A   N/A N/A N/A N/A   98.0% $333,141 $3,331 $329,810   $0 $0 $329,810    
Property   14.04 Walgreens Round Lake Beach   N/A   N/A N/A N/A N/A   98.0% $330,202 $3,302 $326,900   $0 $0 $326,900    
Property   14.05 Walgreens Pasadena   N/A   N/A N/A N/A N/A   98.0% $300,219 $3,002 $297,217   $0 $0 $297,217    
Property   14.06 Walgreens Scottsdale   N/A   N/A N/A N/A N/A   98.0% $232,377 $2,324 $230,053   $0 $0 $230,053    
Loan 10 15 Le Meridien Tampa 2.6% 12/31/2015 8.0% $9,680,532 $6,724,280 $2,956,252 10/31/2016 TTM 12.3% 76.7% $9,654,083 $6,823,328 $2,830,755 11.8% $386,163 $0 $2,444,592 10.2%  
Loan 12 16 Parkview Plaza 2.5% 12/31/2015 9.6% $2,920,579 $705,593 $2,214,986 8/31/2016 TTM 9.8% 89.8% $2,701,410 $704,045 $1,997,364 8.9% $38,355 $130,726 $1,828,283 8.1%  
Loan 8, 9 17 Walgreens Pool 5 2.2% N/A N/A N/A N/A N/A N/A N/A 98.0% $1,619,898 $16,199 $1,603,699 7.9% $0 $0 $1,603,699 7.9%  
Property   17.01 Walgreens Ballwin   N/A   N/A N/A N/A N/A   98.0% $434,511 $4,345 $430,166   $0 $0 $430,166    
Property   17.02 Walgreens Espanola   N/A   N/A N/A N/A N/A   98.0% $393,544 $3,935 $389,609   $0 $0 $389,609    
Property   17.03 Walgreens Round Rock   N/A   N/A N/A N/A N/A   98.0% $323,208 $3,232 $319,976   $0 $0 $319,976    
Property   17.04 Walgreens Dickson   N/A   N/A N/A N/A N/A   98.0% $240,533 $2,405 $238,128   $0 $0 $238,128    
Property   17.05 Walgreens Burleson   N/A   N/A N/A N/A N/A   98.0% $228,101 $2,281 $225,820   $0 $0 $225,820    
Loan   18 Advance Auto Parts Distribution Facility 2.1% N/A N/A N/A N/A N/A N/A N/A 93.4% $2,810,261 $1,028,349 $1,781,912 9.4% $52,125 $150,361 $1,579,426 8.3%  
Loan   19 Rosedale Marketplace 2.0% 12/31/2015 10.1% $2,728,650 $1,048,766 $1,679,884 9/30/2016 TTM 9.3% 89.6% $2,835,285 $1,152,069 $1,683,216 9.4% $28,245 $88,970 $1,566,001 8.7%  
Loan   20 Livonia Commons 1.9% 12/31/2015 5.0% $1,537,806 $414,648 $1,123,159 7/31/2016 TTM 6.4% 92.4% $2,009,337 $392,073 $1,617,263 9.3% $22,738 $112,805 $1,481,720 8.5%  
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% 12/31/2015 5.0% $1,421,892 $384,290 $1,037,602 9/30/2016 TTM 6.9% 95.0% $1,657,519 $406,137 $1,251,382 8.3% $24,300 $0 $1,227,082 8.2%  
Property   21.01 Ilaria Apartments   12/31/2015   $680,033 $167,656 $512,377 9/30/2016 TTM   95.0% $652,483 $132,199 $520,284   $9,000 $0 $511,284    
Property   21.02 Morino Apartments   N/A   $387,325 $112,467 $274,858 9/30/2016 TTM   95.0% $662,799 $190,374 $472,425   $10,500 $0 $461,925    
Property   21.03 Cortena Apartments   12/31/2015   $354,534 $104,167 $250,367 9/30/2016 TTM   95.0% $342,237 $83,564 $258,673   $4,800 $0 $253,873    
Loan   22 Trinity Village 1.5% 12/31/2015 7.0% $1,712,289 $474,308 $1,237,981 8/31/2016 TTM 9.0% 93.3% $1,753,471 $508,495 $1,244,976 9.1% $15,360 $93,731 $1,135,886 8.3%  
Loan   23 Carelton Courtyard and University Place 1.4% 12/31/2015 8.1% $2,292,416 $1,077,170 $1,215,246 10/31/2016 TTM 9.4% 90.9% $2,309,757 $1,074,104 $1,235,653 9.5% $42,919 $0 $1,192,734 9.2%  
Loan   24 Alicia Office Park 1.3% 12/31/2015 2.8% $1,334,068 $612,367 $721,701 8/31/2016 TTM 5.9% 92.8% $1,907,488 $710,232 $1,197,256 9.8% $17,513 $87,566 $1,092,177 9.0%  
Loan 8 25 James Creek and Foxfire Student Housing 1.2% 12/31/2015 10.4% $1,718,900 $587,803 $1,131,097 5/31/2016 TTM 10.6% 95.0% $1,654,846 $625,696 $1,029,150 9.6% $47,013 $0 $982,137 9.2%  
Property   25.01 James Creek   12/31/2015   $1,387,770 $457,777 $929,993 5/31/2016 TTM   95.0% $1,339,607 $496,058 $843,549   $37,083 $0 $806,466    
Property   25.02 Foxfire   12/31/2015   $331,130 $130,026 $201,104 5/31/2016 TTM   95.0% $315,239 $129,638 $185,601   $9,930 $0 $175,671    
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% 12/31/2015 9.9% $2,377,875 $1,188,673 $1,189,202 8/31/2016 TTM 12.1% 91.3% $2,631,176 $1,174,542 $1,456,634 14.9% $129,368 $232,677 $1,094,588 11.2%  
Property   26.01 4001 West Minnesota Street   12/31/2015   $1,618,134 $846,842 $771,292 8/31/2016 TTM   95.3% $1,811,712 $825,454 $986,258   $52,545 $94,505 $839,208    
Property   26.02 1806 and 1848 Stout Field Drive   12/31/2015   $759,741 $341,831 $417,910 8/31/2016 TTM   83.5% $819,464 $349,088 $470,376   $76,824 $138,172 $255,381    
Loan 8, 9 27 Southeast Retail Portfolio 1.0% 12/31/2015 13.1% $1,722,260 $529,313 $1,192,947 8/31/2016 TTM 12.7% 90.7% $1,732,988 $576,855 $1,156,133 12.3% $35,933 $149,426 $970,773 10.3%  
Property   27.01 Sangaree Plaza   12/31/2015   $708,971 $202,576 $506,395 8/31/2016 TTM   90.2% $707,317 $215,110 $492,207   $13,390 $65,092 $413,725    
Property   27.02 Tri-County Plaza   12/31/2015   $504,983 $119,393 $385,590 8/31/2016 TTM   90.0% $540,831 $133,039 $407,792   $13,515 $50,723 $343,554    
Property   27.03 Berkley Center   12/31/2015   $508,306 $207,344 $300,962 8/31/2016 TTM   92.5% $484,840 $228,706 $256,134   $9,028 $33,611 $213,494    
Loan   28 105 South York Street 1.0% 12/31/2015 10.1% $1,302,902 $434,498 $868,404 9/30/2016 TTM 9.8% 93.0% $1,325,285 $448,310 $876,975 9.9% $9,867 $72,028 $795,081 8.9%  
Loan   29 Bay Area Self Storage Phase 1 1.0% 12/31/2015 10.7% $1,265,013 $289,746 $975,267 9/30/2016 TTM 11.1% 84.0% $1,265,013 $298,335 $966,678 11.0% $9,253 $0 $957,425 10.9%  
Loan   30 The Heights at State College Phase IV 0.9% N/A N/A N/A N/A N/A N/A N/A 95.0% $1,070,848 $328,506 $742,342 8.9% $12,800 $0 $729,542 8.7%  
Loan   31 Big Springs Village 0.9% 12/31/2015 9.9% $1,106,393 $275,737 $830,656 8/31/2016 TTM 10.0% 94.2% $1,121,340 $251,831 $869,509 10.5% $25,024 $36,463 $808,022 9.7%  
Loan   32 Whisper Creek 0.8% 12/31/2015 8.2% $1,217,730 $542,738 $674,992 6/30/2016 TTM 8.8% 63.7% $1,217,730 $516,886 $700,844 9.1% $23,200 $0 $677,644 8.8%  
Loan   33 Kohl’s - Lutz, FL Fee 0.8% 12/31/2014 8.5% $632,625 $3,521 $629,104 12/31/2015 8.5% 95.0% $662,572 $24,272 $638,300 8.6% $0 $0 $638,300 8.6%  
Loan   34 Harris Industrial Building 0.8% N/A N/A N/A N/A N/A N/A N/A 95.0% $892,601 $232,078 $660,523 9.3% $31,255 $43,939 $585,329 8.2%  
Loan   35 Gateway Plaza 0.8% 12/31/2015 11.9% $1,226,450 $554,369 $672,081 8/31/2016 YTD Ann. 9.6% 88.4% $1,516,494 $603,466 $913,029 13.1% $23,218 $119,023 $770,788 11.0%  
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% N/A N/A N/A N/A N/A N/A N/A 95.0% $522,501 $108,474 $414,027 9.4% $2,199 $21,839 $389,989 8.8%  
Property   36.01 Pei Wei/Mattress One   N/A   N/A N/A N/A N/A   95.0% $369,171 $86,774 $282,397   $1,449 $12,359 $268,589    
Property   36.02 Aspen Dental   N/A   N/A N/A N/A N/A   95.0% $153,330 $21,700 $131,630   $750 $9,480 $121,400    
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% N/A N/A N/A N/A N/A N/A N/A 95.0% $234,480 $51,331 $183,150 9.4% $1,532 $11,761 $169,857 8.8%  
Property   37.01 Taco Bell Orlando Leased Fee   N/A   N/A N/A N/A N/A   95.0% $99,651 $27,886 $71,766   $582 $4,556 $66,628    
Property   37.02 Just Brakes Tampa   N/A   N/A N/A N/A N/A   95.0% $134,829 $23,445 $111,384   $950 $7,205 $103,229    
Loan   38 StorQuest - Oakland, CA 0.6% 12/31/2015 9.3% $821,948 $272,361 $549,587 8/31/2016 TTM 9.8% 82.1% $824,151 $270,449 $553,702 9.9% $4,928 $0 $548,774 9.8%  
Loan   39 Fairgate Apartments 0.6% 12/31/2015 10.4% $1,441,729 $874,967 $566,762 3/31/2016 TTM 10.6% 93.8% $1,538,755 $863,542 $675,213 12.6% $65,016 $0 $610,197 11.4%  
Loan   40 Chestnut Commons 0.6% 12/31/2015 10.8% $880,990 $299,890 $581,100 8/31/2016 TTM 11.1% 94.0% $900,274 $324,275 $575,999 11.0% $9,520 $62,239 $504,240 9.6%  
Loan   41 The Orchard 0.6% 12/31/2015 7.1% $637,512 $153,693 $483,819 9/30/2016 YTD Ann. 9.5% 85.6% $729,649 $233,303 $496,346 9.7% $6,581 $32,344 $457,421 9.0%  
Loan   42 Bay Area Self Storage Phase 2 0.6% 12/31/2015 12.4% $837,403 $191,186 $646,217 9/30/2016 TTM 12.9% 83.8% $837,403 $184,290 $653,113 13.1% $5,796 $0 $647,317 12.9%  
Loan   43 Vista Lofts 0.6% 12/31/2015 8.6% $758,306 $328,871 $429,435 7/31/2016 TTM 8.6% 92.5% $773,086 $305,197 $467,888 9.4% $8,006 $24,205 $435,677 8.7%  
Loan   44 Valencia Apartments 0.5% 12/31/2015 8.6% $584,786 $189,148 $395,638 8/31/2016 TTM 9.0% 91.5% $591,593 $205,524 $386,069 8.8% $12,750 $0 $373,319 8.5%  
Loan   45 Falcon Creek Phase II Apartments 0.5% 12/31/2015 9.6% $704,888 $282,559 $422,329 8/31/2016 TTM 9.8% 94.5% $704,888 $302,921 $401,967 9.3% $14,400 $0 $387,567 9.0%  
Loan   46 Diamond Southwest Industrial 0.5% 12/31/2015 8.3% $457,887 $98,315 $359,572 8/31/2016 TTM 8.5% 93.2% $484,113 $95,202 $388,910 9.2% $5,372 $41,980 $341,559 8.0%  
Loan   47 Burnet House Apartments 0.5% 12/31/2015 9.2% $534,080 $135,018 $399,062 8/31/2016 TTM 9.5% 88.4% $537,033 $162,322 $374,711 8.9% $11,088 $0 $363,622 8.7%  
Loan   48 Windy Knolls Phase II Apartments 0.4% 12/31/2015 8.2% $635,787 $344,806 $290,981 10/31/2016 TTM 7.4% 86.6% $635,787 $264,118 $371,669 9.4% $12,600 $0 $359,069 9.1%  
Loan   49 Colonial East Apartments 0.4% 12/31/2015 9.6% $1,004,758 $680,265 $324,493 3/31/2016 TTM 9.5% 94.1% $1,118,304 $674,429 $443,875 13.0% $66,240 $0 $377,635 11.0%  
Loan   50 2601 Westinghouse Boulevard 0.4% N/A N/A N/A N/A N/A N/A N/A 95.0% $327,210 $9,816 $317,394 9.4% $10,764 $16,145 $290,485 8.6%  
Loan   51 Walgreens - Alma, MI 0.4% 12/31/2014 10.2% $384,012 $38,751 $345,261 12/31/2015 10.3% 97.0% $398,572 $61,080 $337,492 10.1% $4,594 $0 $332,898 10.0%  
Loan 8 52 Michigan Rite Aid Portfolio 0.4% 12/31/2015 16.0% $555,012 $3,523 $551,489 10/31/2016 TTM 16.9% 95.0% $564,096 $20,445 $543,651 16.7% $4,472 $35,546 $503,633 15.4%  
Property   52.01 Rite Aid - Spring Lake, MI   12/31/2015   $284,671 $1,761 $282,910 10/31/2016 TTM   95.0% $289,330 $10,441 $278,889   $2,236 $18,526 $258,127    
Property   52.02 Rite Aid - Coloma, MI   12/31/2015   $270,341 $1,761 $268,580 10/31/2016 TTM   95.0% $274,766 $10,004 $264,762   $2,236 $17,020 $245,506    
Loan   53 CVS Pharmacy - Sanford, FL 0.3% N/A N/A N/A N/A N/A N/A N/A 97.0% $263,869 $5,389 $258,481 8.3% $0 $0 $258,481 8.3%  
Loan   54 Manassas Crossroads 0.3% 12/31/2015 16.6% $628,248 $127,797 $500,451 9/30/2016 TTM 16.7% 95.0% $609,778 $126,640 $483,138 16.1% $2,503 $31,684 $448,951 15.0%  
Loan   55 Park Royale Apartments 0.2% 12/31/2015 8.3% $255,215 $72,111 $183,104 8/31/2016 TTM 9.2% 95.0% $249,105 $82,092 $167,013 8.4% $4,626 $0 $162,387 8.2%  
Loan   56 StorQuest - Tucson Pima, AZ 0.2% 12/31/2015 6.4% $435,254 $256,082 $179,172 9/30/2016 TTM 9.4% 81.3% $435,254 $237,139 $198,115 10.4% $8,218 $0 $189,897 10.0%  

 

A-1-7 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          LARGEST TENANT INFORMATION   2ND LARGEST TENANT INFORMATION   3RD LARGEST TENANT INFORMATION
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Largest Tenant Largest
Tenant Lease
Expiration(3)
Largest
Tenant NSF
Largest
Tenant
% of NSF
  2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(3)
2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
  3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration(3)
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
Loan 4, 5 1 Hilton Hawaiian Village 6.9% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 4, 6, 7 2 191 Peachtree 6.1% Deloitte & Touche 5/31/2024 259,998 21.3%   Hall, Booth, Smith, P.C. 4/30/2021 64,359 5.3%   Ogletree, Deakins 4/30/2019 52,510 4.3%
Loan 4 3 Wolfchase Galleria 6.1% Malco Theatres 12/31/2021 30,000 7.7%   The Finish Line 2/28/2022 21,899 5.6%   Victoria’s Secret 1/31/2018 13,330 3.4%
Loan 6 4 100 Hamilton 5.8%   Palantir Technologies, Inc. 4/30/2027 59,914 83.4%   Bon Appetit Management Co. 8/31/2020 11,913 16.6%   N/A N/A N/A N/A
Loan 4 5 Potomac Mills 5.7% Costco Warehouse 5/31/2032 148,146 10.1%   J.C. Penney 2/28/2022 100,140 6.9%   AMC Theatres 2/28/2019 75,273 5.2%
Loan 4, 8 6 FedEx Ground Portfolio 4.7%                            
Property   6.01 Fedex - Yonkers, NY   FedEx 7/31/2031 121,883 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.02 Fedex - Elmsford, NY   FedEx 6/30/2031 323,502 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.03 Fedex - Bridgeport, PA   FedEx 6/30/2031 305,733 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   7 Big Flats Consumer Square 4.4% Sam’s Club 7/13/2018 134,678 23.5%   Tops Market 10/31/2023 60,479 10.5%   Field & Stream 1/31/2025 50,000 8.7%
Loan 6 8 The Barlow 4.1% Kosta Browne Winery 7/31/2025 61,645 34.5%   Windgap Wines 9/30/2017 12,106 6.8%   Santa Rosa Community Market 11/6/2028 9,700 5.4%
Loan   9 The Crossings of Spring Hill 3.2% Ross Dress for Less 1/31/2019 24,911 11.3%   Bed Bath & Beyond 1/31/2019 23,391 10.6%   Electronic Express 4/30/2026 20,331 9.2%
Loan   10 Club Royale Apartments 3.1% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 4 11 American Greetings HQ 3.0% American Greetings 9/30/2031 655,969 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   12 Willco Business Center 2.8% Autobody Dimensions, Inc. 5/31/2019 20,000 7.0%   Ryan Floors, Inc. 5/31/2018 12,000 4.2%   The Steiding Corporation 4/30/2022 10,000 3.5%
Loan 11 13 Enterprise Plaza 2.7% T.J. Maxx 3/31/2021 25,000 13.1%   Aldi 1/31/2018 20,040 10.5%   Dollar Tree 6/30/2021 15,235 8.0%
Loan 8, 9 14 Walgreens Pool 7 2.7%                            
Property   14.01 Walgreens Oak Brook   Walgreens 1/31/2077 13,855 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   14.02 Walgreens Park Ridge   Walgreens 1/31/2077 14,053 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   14.03 Walgreens Dallas   Walgreens 1/31/2077 15,120 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   14.04 Walgreens Round Lake Beach   Walgreens 1/31/2077 13,905 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   14.05 Walgreens Pasadena   Walgreens 1/31/2077 15,120 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   14.06 Walgreens Scottsdale   Walgreens 1/31/2077 15,083 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 10 15 Le Meridien Tampa 2.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 12 16 Parkview Plaza 2.5% Ollie’s Bargain Outlet 1/31/2025 36,416 19.0%   Bon Ton Furniture Dept. Store 1/29/2022 32,000 16.7%   T.J. Maxx 1/31/2024 25,000 13.0%
Loan 8, 9 17 Walgreens Pool 5 2.2%                            
Property   17.01 Walgreens Ballwin   Walgreens 1/31/2077 15,680 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   17.02 Walgreens Espanola   Walgreens 1/31/2077 17,828 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   17.03 Walgreens Round Rock   Walgreens 1/31/2077 15,070 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   17.04 Walgreens Dickson   Walgreens 1/31/2077 15,120 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   17.05 Walgreens Burleson   Walgreens 1/31/2077 15,120 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   18 Advance Auto Parts Distribution Facility 2.1% Advance Auto Parts 3/8/2022 347,500 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   19 Rosedale Marketplace 2.0% Hobby Lobby 6/30/2026 43,960 28.7%   OfficeMax 1/31/2018 21,932 14.3%   Total Wines 1/31/2025 21,166 13.8%
Loan   20 Livonia Commons 1.9% Dick’s Sporting Goods 1/31/2026 53,540 35.6%   AutoZone 8/31/2026 30,434 20.2%   Jo-Ann Fabrics 1/31/2025 24,100 16.0%
Loan 8 21 Capitol Hill Apartment Portfolio 1.7%                            
Property   21.01 Ilaria Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   21.02 Morino Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   21.03 Cortena Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   22 Trinity Village 1.5% AAA Auto Club South, Inc. 6/30/2017 6,533 9.2%   Synovus Bank of Tampa Bay 5/31/2021 5,843 8.2%   Mattress Store 11/30/2019 5,000 7.0%
Loan   23 Carelton Courtyard and University Place 1.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   24 Alicia Office Park 1.3% Futures Education, Inc. 10/31/2022 6,878 7.9%   Metronome Software LLC 6/30/2020 5,164 5.9%   Saddleback Valley Educators Association 9/30/2017 4,836 5.5%
Loan 8 25 James Creek and Foxfire Student Housing 1.2%                            
Property   25.01 James Creek   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   25.02 Foxfire   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1%                            
Property   26.01 4001 West Minnesota Street   Peer Foods Group Various (9/30/2017 - 2,674 SF; 4/30/2020 - 49,443 SF) 52,117 27.6%   DPI Dedicated Logistics 9/30/2020 35,973 19.0%   Pure Beverage 1/31/2019 27,030 14.3%
Property   26.02 1806 and 1848 Stout Field Drive   Gilmore Industries 12/31/2020 118,780 43.0%   Kirby Risk 2/28/2019 57,804 20.9%   Numark Industries 11/30/2017 54,790 19.8%
Loan 8, 9 27 Southeast Retail Portfolio 1.0%                            
Property   27.01 Sangaree Plaza   Bi-Lo 8/31/2026 47,698 71.2%   Bold Fitness 7/31/2019 8,450 12.6%   China Wok 7/31/2025 2,000 3.0%
Property   27.02 Tri-County Plaza   Bi-Lo 8/31/2021 36,377 53.8%   Maxway 3/31/2021 14,300 21.2%   Snap Fitness 5/26/2017 4,550 6.7%
Property   27.03 Berkley Center   Farm Fresh 11/18/2025 25,000 55.4%   Family Dollar 12/31/2020 8,100 17.9%   Beauty Town 2/29/2020 2,400 5.3%
Loan   28 105 South York Street 1.0% Fifth Third Elmhurst 2/1/2023 14,436 29.3%   Ageology d/b/a Power2Practice 1/1/2017 6,690 13.6%   Compass Group USA Inc. 2/1/2024 5,454 11.1%
Loan   29 Bay Area Self Storage Phase 1 1.0% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   30 The Heights at State College Phase IV 0.9% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   31 Big Springs Village 0.9% Belk, Inc. 10/11/2025 58,416 46.7%   Dollar Tree 6/30/2021 11,200 9.0%   Dollar General Corporation 8/31/2020 9,014 7.2%
Loan   32 Whisper Creek 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   33 Kohl’s - Lutz, FL Fee 0.8%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   34 Harris Industrial Building 0.8% Cascata 10/31/2022 73,365 70.4%   Harris Mechanical 8/31/2023 24,318 23.3%   Cardinal Health 9/30/2018 6,500 6.2%
Loan   35 Gateway Plaza 0.8% ARC Thrift Stores 9/30/2023 27,720 27.5%   Hibachi Grill of CO., Inc. 11/30/2026 10,000 9.9%   Arona Corporation 4/30/2018 8,400 8.3%
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5%                            
Property   36.01 Pei Wei/Mattress One   Mattress One 2/28/2026 4,200 58.0%   Pei Wei Asian Diner 1/31/2026 3,046 42.0%   N/A N/A N/A N/A
Property   36.02 Aspen Dental   Aspen Dental 12/31/2025 3,750 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2%                            
Property   37.01 Taco Bell Orlando Leased Fee   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   37.02 Just Brakes Tampa   JBRE, LLC (dba Just Brakes) 8/31/2030 4,750 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   38 StorQuest - Oakland, CA 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   39 Fairgate Apartments 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   40 Chestnut Commons 0.6% Ohio Dept of Public Safety 6/30/2017 5,711 12.0%   KGM Enterprise LLC (Anytime Fitness) 2/28/2020 4,560 9.6%   Smile Brands 1/31/2019 4,493 9.4%
Loan   41 The Orchard 0.6% Jacalito Grill 5/31/2023 6,850 20.8%   Bakersfield Net 10/31/2020 4,084 12.4%   Slice of Italy 9/30/2019 4,051 12.3%
Loan   42 Bay Area Self Storage Phase 2 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   43 Vista Lofts 0.6% PNC Bank 3/31/2020 8,869 24.3%   Le Peep 8/31/2018 2,203 6.0%   Black Bean Company 4/30/2019 1,815 5.0%
Loan   44 Valencia Apartments 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   45 Falcon Creek Phase II Apartments 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   46 Diamond Southwest Industrial 0.5% Fresenius USA Manufacturing 10/31/2018 3,970 9.4%   JFC International, Inc. 3/31/2017 3,825 9.0%   McGill Cleanroom 10/31/2019 3,825 9.0%
Loan   47 Burnet House Apartments 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   48 Windy Knolls Phase II Apartments 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   49 Colonial East Apartments 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   50 2601 Westinghouse Boulevard 0.4% Carter Lumber of the South, Inc. 9/30/2030 107,635 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   51 Walgreens - Alma, MI 0.4% Walgreens 1/31/2082 14,820 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8 52 Michigan Rite Aid Portfolio 0.4%                            
Property   52.01 Rite Aid - Spring Lake, MI   Rite Aid 3/31/2026 11,180 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   52.02 Rite Aid - Coloma, MI   Rite Aid 3/31/2026 11,180 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   53 CVS Pharmacy - Sanford, FL 0.3% CVS 11/30/2026 10,908 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   54 Manassas Crossroads 0.3% Raja, Rafiq, & Assoc (Dental) 2/28/2019 2,345 18.7%   Panda Express, Inc. 4/30/2019 2,306 18.4%   NOVA Batteries, Inc. 10/31/2019 1,628 13.0%
Loan   55 Park Royale Apartments 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   56 StorQuest - Tucson Pima, AZ 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A

 

A-1-8 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          4TH LARGEST TENANT INFORMATION   5TH LARGEST TENANT INFORMATION   MORTGAGE LOAN RESERVE INFORMATION
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
4th Largest Tenant 4th Largest
Tenant Lease
Expiration(3)
4th Largest
Tenant NSF
4th Largest
Tenant
% of NSF
  5th Largest Tenant 5th Largest
Tenant Lease
Expiration(3)
5th Largest
Tenant NSF
5th Largest
Tenant
% of NSF
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap
Upfront TI/LC
 Reserves
Monthly TI/LC
Reserves
Loan 4, 5 1 Hilton Hawaiian Village 6.9% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan 4, 6, 7 2 191 Peachtree 6.1% Carlock, Copeland & Stair 9/30/2022 52,028 4.3%   Morgan & Morgan 11/30/2026 51,927 4.2%   $0 $25,461 $1,222,142 $7,777,741 $101,845
Loan 4 3 Wolfchase Galleria 6.1% Forever 21 6/30/2024 12,986 3.3%   Charming Charlie 5/31/2020 10,413 2.7%   $0 $0 $0 $0 $0
Loan 6 4 100 Hamilton 5.8% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $3,594,840 $0
Loan 4 5 Potomac Mills 5.7% Buy Buy Baby/and That! 1/31/2025 73,432 5.0%   Marshalls 1/31/2019 61,763 4.2%   $0 $0 $0 $0 $0
Loan 4, 8 6 FedEx Ground Portfolio 4.7%                     $0 $0 $0 $0 $0
Property   6.01 Fedex - Yonkers, NY   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   6.02 Fedex - Elmsford, NY   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   6.03 Fedex - Bridgeport, PA   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   7 Big Flats Consumer Square 4.4% Hobby Lobby 6/30/2019 47,000 8.2%   T.J. Maxx 1/31/2023 27,846 4.8%   $0 $7,178 $0 $0 $35,888
Loan 6 8 The Barlow 4.1% Barlow Event Management 12/31/2019 9,461 5.3%   Taylor Maid Coffee 5/1/2022 8,926 5.0%   $0 $2,234 $0 $1,000,000 $0
Loan   9 The Crossings of Spring Hill 3.2% PetSmart 8/31/2018 18,471 8.4%   Books-A-Million 1/31/2019 15,500 7.0%   $0 $2,749 $98,957 $1,150,000 $27,411
Loan   10 Club Royale Apartments 3.1% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $6,979 $0 $0 $0
Loan 4 11 American Greetings HQ 3.0% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $54,664
Loan   12 Willco Business Center 2.8% Eurowerks Autos, LLC 10/31/2019 10,000 3.5%   Cianbro Corporation 6/30/2017 8,960 3.1%   $0 $4,749 $171,000 $0 $11,873
Loan 11 13 Enterprise Plaza 2.7% Teppanyaki Grill 9/30/2020 15,174 8.0%   Verizon Wireless 2/29/2020 10,921 5.7%   $0 $3,170 $114,120 $0 $15,851
Loan 8, 9 14 Walgreens Pool 7 2.7%                     $0 $0 $0 $0 $0
Property   14.01 Walgreens Oak Brook   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   14.02 Walgreens Park Ridge   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   14.03 Walgreens Dallas   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   14.04 Walgreens Round Lake Beach   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   14.05 Walgreens Pasadena   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   14.06 Walgreens Scottsdale   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan 10 15 Le Meridien Tampa 2.6% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $31,904 $0 $0 $0
Loan 12 16 Parkview Plaza 2.5% Jo-Ann Fabrics 1/31/2028 17,059 8.9%   Life Way Christian Resources 1/31/2020 14,400 7.5%   $0 $3,196 $0 $0 $10,388
Loan 8, 9 17 Walgreens Pool 5 2.2%                     $0 $0 $0 $0 $0
Property   17.01 Walgreens Ballwin   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   17.02 Walgreens Espanola   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   17.03 Walgreens Round Rock   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   17.04 Walgreens Dickson   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   17.05 Walgreens Burleson   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   18 Advance Auto Parts Distribution Facility 2.1% N/A N/A N/A N/A   N/A N/A N/A N/A   $4,333 $4,333 $208,000 $12,500 $12,500
Loan   19 Rosedale Marketplace 2.0% Cost Plus 1/31/2020 20,253 13.2%   Dollar Tree 7/31/2020 9,600 6.3%   $0 $1,917 $115,020, unless EOD $0 $9,583
Loan   20 Livonia Commons 1.9% Party City 1/31/2029 23,465 15.6%   Rally House Stores, Inc. 10/31/2024 7,650 5.1%   $0 $1,895 $0 $0 $0
Loan 8 21 Capitol Hill Apartment Portfolio 1.7%                     $0 $2,025 $85,000 $0 $0
Property   21.01 Ilaria Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   21.02 Morino Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   21.03 Cortena Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   22 Trinity Village 1.5% Pediatric Associates 7/8/2020 4,622 6.5%   Johnny Brusco’s NY Pizza 1/31/2025 4,047 5.7%   $1,280 $1,280 $0 $205,650 $5,650
Loan   23 Carelton Courtyard and University Place 1.4% N/A N/A N/A N/A   N/A N/A N/A N/A   $150,000 $4,819 $0 $0 $0
Loan   24 Alicia Office Park 1.3% Vavrinek, Trine, Day & Co, LLP 7/31/2018 4,630 5.3%   Fed Loan Help, Inc. 2/28/2018 4,215 4.8%   $0 $1,460 $0 $0 $8,333
Loan 8 25 James Creek and Foxfire Student Housing 1.2%                     $0 $3,918 $0 $0 $0
Property   25.01 James Creek   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   25.02 Foxfire   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1%                     $0 $12,797 $186,000 $0 $19,390
Property   26.01 4001 West Minnesota Street   Shenandoah Growers 12/31/2019 23,532 12.5%   Eby-Brown MTM 18,800 9.9%            
Property   26.02 1806 and 1848 Stout Field Drive   Pure Beverage 1/31/2019 28,787 10.4%   N/A N/A N/A N/A            
Loan 8, 9 27 Southeast Retail Portfolio 1.0%                     $3,444 $3,444 $0 $6,867 $6,867
Property   27.01 Sangaree Plaza   Valeria, LLC 1/31/2022 2,000 3.0%   Check into Cash 6/30/2018 2,000 3.0%            
Property   27.02 Tri-County Plaza   Shoe Show 4/30/2017 2,800 4.1%   1st Franklin Financial Corp 9/30/2018 1,200 1.8%            
Property   27.03 Berkley Center   London Plaza Coin Laundry 1/31/2020 1,840 4.1%   Sal’s NY Pizza 5/31/2019 1,800 4.0%            
Loan   28 105 South York Street 1.0% Pazzi di Pizza 1/1/2019 5,225 10.6%   Environmental Consulting Group, Inc. 5/1/2019 4,200 8.5%   $0 $822 $29,600 $100,000 $4,111
Loan   29 Bay Area Self Storage Phase 1 1.0% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $771 $0 $0 $0
Loan   30 The Heights at State College Phase IV 0.9% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,067 $0 $0 $0
Loan   31 Big Springs Village 0.9% Shoe Show of Rocky Mount 9/30/2020 5,600 4.5%   Maurices, Inc. 1/31/2018 4,800 3.8%   $0 $2,085 $0 $120,000 $3,112
Loan   32 Whisper Creek 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,933 $0 $0 $0
Loan   33 Kohl’s - Lutz, FL Fee 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan   34 Harris Industrial Building 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   $2,605 $2,605 $156,300 $2,171 $2,171
Loan   35 Gateway Plaza 0.8% A&A Quality Appliance, Inc. 8/30/2018 8,023 7.9%   Sang C. No/Phat Mart 10/31/2019 6,500 6.4%   $1,935 $1,935 $0 $6,309 $6,309
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5%                     $137 $137 $4,932 $458 $458
Property   36.01 Pei Wei/Mattress One   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   36.02 Aspen Dental   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2%                     $96 $96 $3,456 $319 $319
Property   37.01 Taco Bell Orlando Leased Fee   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   37.02 Just Brakes Tampa   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   38 StorQuest - Oakland, CA 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $548 $0 $0 $0
Loan   39 Fairgate Apartments 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $5,418 $150,000 $0 $0
Loan   40 Chestnut Commons 0.6% Strongsville Hobby 3/31/2021 2,940 6.2%   Patron’s Best Grill 5/31/2022 2,880 6.1%   $781 $781 $46,860 $50,000 $3,905
Loan   41 The Orchard 0.6% Krush Wine 12/27/2018 3,562 10.8%   Verdugo Market 6/30/2019 2,615 7.9%   $23,806 $214 $0 $50,000 $3,750
Loan   42 Bay Area Self Storage Phase 2 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $483 $0 $0 $0
Loan   43 Vista Lofts 0.6% The UPS Store 11/30/2021 1,760 4.8%   Capelli Salon 5/31/2022 1,730 4.7%   $0 $758 $0 $0 $2,262
Loan   44 Valencia Apartments 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,063 $0 $0 $0
Loan   45 Falcon Creek Phase II Apartments 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,200 $0 $0 $0
Loan   46 Diamond Southwest Industrial 0.5% Frontier Stone Works 9/14/2019 3,825 9.0%   The Terminix International Company 6/30/2021 3,825 9.0%   $459 $459 $16,509 $3,528 $3,528
Loan   47 Burnet House Apartments 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $923 $0 $0 $0
Loan   48 Windy Knolls Phase II Apartments 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,050 $0 $0 $0
Loan   49 Colonial East Apartments 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $5,525 $150,000 $0 $0
Loan   50 2601 Westinghouse Boulevard 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan   51 Walgreens - Alma, MI 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan 8 52 Michigan Rite Aid Portfolio 0.4%                     $0 $0 $0 $0 $0
Property   52.01 Rite Aid - Spring Lake, MI   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   52.02 Rite Aid - Coloma, MI   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   53 CVS Pharmacy - Sanford, FL 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan   54 Manassas Crossroads 0.3% AVAIL Vapor, LLC. 7/31/2019 1,517 12.1%   Huynh & Tang (Sassy Nails) 11/30/2018 1,288 10.3%   $0 $0 $0 $0 $0
Loan   55 Park Royale Apartments 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $386 $0 $0 $0
Loan   56 StorQuest - Tucson Pima, AZ 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $685 $24,654 $0 $0

 

A-1-9 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGE LOAN RESERVE INFORMATION      
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
TI/LC
Reserve Cap
Upfront Tax
 Reserves
Monthly Tax
 Reserves
Upfront
Insurance Reserves
Monthly
Insurance
Reserves
Upfront
Deferred Maint.
Reserve
Initial Other
Reserves
Ongoing Other
Reserves
Loan 4, 5 1 Hilton Hawaiian Village 6.9% $0 $0 $0 $0 $0 $0 $0 $0
Loan 4, 6, 7 2 191 Peachtree 6.1% $6,110,710 - Upfront funds ($7,777,741.04) not included in cap calculation. $616,031 $308,016 $0 $0 $0 $0 $0
Loan 4 3 Wolfchase Galleria 6.1% $0 $0 $0 $0 $0 $0 $0 $0
Loan 6 4 100 Hamilton 5.8% $0 $0 $0 $0 $0 $0 $2,105,440 $0
Loan 4 5 Potomac Mills 5.7% $0 $0 $0 $0 $0 $0 $0 $0
Loan 4, 8 6 FedEx Ground Portfolio 4.7% $0 $574,417 $130,987 $0 $0 $0 $3,066,110 $0
Property   6.01 Fedex - Yonkers, NY                  
Property   6.02 Fedex - Elmsford, NY                  
Property   6.03 Fedex - Bridgeport, PA                  
Loan   7 Big Flats Consumer Square 4.4% $1,291,984 $280,392 $35,049 $0 $0 $2,768,000 $86,595 $0
Loan 6 8 The Barlow 4.1% $600,000 $72,566 $24,378 $96,719 $24,397 $0 $152,702 $0
Loan   9 The Crossings of Spring Hill 3.2% $0 $186,440 $18,644 $8,327 $4,163 $0 $0 $0
Loan   10 Club Royale Apartments 3.1% $0 $49,712 $12,428 $0 $0 $94,600 $0 $0
Loan 4 11 American Greetings HQ 3.0% $0 $0 $0 $0 $0 $0 $15,704,391.25 ($2,612,000 LOC) $0
Loan   12 Willco Business Center 2.8% $0 $123,948 $30,987 $22,524 $3,218 $76,733 $9,000 $0
Loan 11 13 Enterprise Plaza 2.7% $570,636 $109,368 $36,456 $0 $0 $0 $1,416,535 $0
Loan 8, 9 14 Walgreens Pool 7 2.7% $0 $0 $0 $0 $0 $0 $0 $0
Property   14.01 Walgreens Oak Brook                  
Property   14.02 Walgreens Park Ridge                  
Property   14.03 Walgreens Dallas                  
Property   14.04 Walgreens Round Lake Beach                  
Property   14.05 Walgreens Pasadena                  
Property   14.06 Walgreens Scottsdale                  
Loan 10 15 Le Meridien Tampa 2.6% $0 $12,163 $12,163 $9,696 $9,696 $0 $11,455,908 $9,167
Loan 12 16 Parkview Plaza 2.5% $375,000 $76,700 $25,567 $0 $0 $0 $125,000 $0
Loan 8, 9 17 Walgreens Pool 5 2.2% $0 $0 $0 $0 $0 $0 $0 $0
Property   17.01 Walgreens Ballwin                  
Property   17.02 Walgreens Espanola                  
Property   17.03 Walgreens Round Rock                  
Property   17.04 Walgreens Dickson                  
Property   17.05 Walgreens Burleson                  
Loan   18 Advance Auto Parts Distribution Facility 2.1% $637,500 $0 $0 $0 $0 $0 $0 $0
Loan   19 Rosedale Marketplace 2.0% $460,000, unless EOD $182,658 $60,886 $0 $0 $0 $448,750 $0
Loan   20 Livonia Commons 1.9% $0 $0 $0 $0 $0 $0 $683,013 $0
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% $0 $13,953 $2,326 $1,355 $1,355 $0 $0 $0
Property   21.01 Ilaria Apartments                  
Property   21.02 Morino Apartments                  
Property   21.03 Cortena Apartments                  
Loan   22 Trinity Village 1.5% $0 $14,498 $14,498 $8,921 $4,461 $0 $0 $0
Loan   23 Carelton Courtyard and University Place 1.4% $0 $124,643 $13,849 $134,016 $11,168 $0 $0 $0
Loan   24 Alicia Office Park 1.3% $250,000 $46,751 $9,351 $7,087 $1,182 $0 $0 $0
Loan 8 25 James Creek and Foxfire Student Housing 1.2% $0 $85,822 $8,582 $0 $0 $7,813 $0 $0
Property   25.01 James Creek                  
Property   25.02 Foxfire                  
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% $600,000 $27,921 $13,961 $10,847 $3,616 $193,750 $0 $0
Property   26.01 4001 West Minnesota Street                  
Property   26.02 1806 and 1848 Stout Field Drive                  
Loan 8, 9 27 Southeast Retail Portfolio 1.0% $0 $111,882 $15,670 $5,331 $3,371 $235,314 $376,300 $0
Property   27.01 Sangaree Plaza                  
Property   27.02 Tri-County Plaza                  
Property   27.03 Berkley Center                  
Loan   28 105 South York Street 1.0% $148,002 $71,220 $12,949 $0 $978 $0 $450,000 $0
Loan   29 Bay Area Self Storage Phase 1 1.0% $0 $24,353 $4,871 $0 $0 $0 $0 $0
Loan   30 The Heights at State College Phase IV 0.9% $0 $23,760 $8,055 $18,849 $1,571 $0 $9,300 $0
Loan   31 Big Springs Village 0.9% $150,000 $12,861 $6,431 $0 $0 $0 $0 $0
Loan   32 Whisper Creek 0.8% $0 $0 $4,131 $0 $1,458 $0 $442,982 $0
Loan   33 Kohl’s - Lutz, FL Fee 0.8% $0 $0 $0 $0 $0 $0 $0 $0
Loan   34 Harris Industrial Building 0.8% $52,100 $13,027 $6,514 $941 $941 $0 $82,022 $0
Loan   35 Gateway Plaza 0.8% $300,000 $156,678 $19,585 $48,103 $4,209 $522,188 $216,018 $0
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% $16,488 $11,734 $5,867 $3,234 $404 $0 $0 $0
Property   36.01 Pei Wei/Mattress One                  
Property   36.02 Aspen Dental                  
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% $11,484 $6,138 $3,069 $1,908 $238 $0 $0 $0
Property   37.01 Taco Bell Orlando Leased Fee                  
Property   37.02 Just Brakes Tampa                  
Loan   38 StorQuest - Oakland, CA 0.6% $0 $22,195 $4,439 $0 $0 $62,313 $0 $0
Loan   39 Fairgate Apartments 0.6% $0 $81,951 $11,707 $7,877 $3,939 $43,163 $84,150 $0
Loan   40 Chestnut Commons 0.6% $187,440 $47,345 $9,469 $848 $848 $0 $30,000 $0
Loan   41 The Orchard 0.6% $250,000 $24,619 $4,924 $0 $0 $163,818 $380,885 $0
Loan   42 Bay Area Self Storage Phase 2 0.6% $0 $14,745 $2,949 $0 $0 $0 $0 $0
Loan   43 Vista Lofts 0.6% $155,000 - reduced to $100,000 if PNC extends the term of the PNC Lease to a date not earlier than 3/31/2025. $0 $9,689 $0 $0 $0 $200,000 $0
Loan   44 Valencia Apartments 0.5% $0 $10,868 $2,717 $0 $0 $110 $0 $0
Loan   45 Falcon Creek Phase II Apartments 0.5% $0 $0 $6,500 $0 $0 $0 $0 $0
Loan   46 Diamond Southwest Industrial 0.5% $211,660 $8,493 $2,831 $1,522 $507 $0 $0 $0
Loan   47 Burnet House Apartments 0.5% $0 $7,545 $1,886 $0 $0 $44,814 $0 $0
Loan   48 Windy Knolls Phase II Apartments 0.4% $0 $5,790 $5,790 $0 $0 $0 $0 $0
Loan   49 Colonial East Apartments 0.4% $0 $63,088 $9,013 $7,010 $3,505 $21,388 $21,675 $0
Loan   50 2601 Westinghouse Boulevard 0.4% $0 $0 $0 $0 $0 $0 $0 $0
Loan   51 Walgreens - Alma, MI 0.4% $0 $0 $0 $0 $0 $0 $0 $0
Loan 8 52 Michigan Rite Aid Portfolio 0.4% $0 $0 $0 $0 $0 $0 $0 $0
Property   52.01 Rite Aid - Spring Lake, MI                  
Property   52.02 Rite Aid - Coloma, MI                  
Loan   53 CVS Pharmacy - Sanford, FL 0.3% $0 $0 $0 $0 $0 $0 $0 $0
Loan   54 Manassas Crossroads 0.3% $0 $4,942 $4,942 $1,324 $662 $0 $0 $0
Loan   55 Park Royale Apartments 0.2% $0 $3,979 $995 $0 $0 $0 $0 $0
Loan   56 StorQuest - Tucson Pima, AZ 0.2% $0 $18,775 $6,258 $0 $0 $12,281 $0 $0

 

A-1-10 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

          MORTGAGE LOAN RESERVE INFORMATION   THIRD PARTY REPORTS    
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Other Reserves Description   Appraisal
Report Date
Environmental
Phase I
Report Date
Environmental
Phase II
Report Date
Engineering
Report Date
Seismic
Report Date
Seismic Zone PML %
Loan 4, 5 1 Hilton Hawaiian Village 6.9% N/A   10/14/2016 10/17/2016 N/A 10/17/2016 N/A No N/A
Loan 4, 6, 7 2 191 Peachtree 6.1% Deloitte Vacancy Reserve Funds (Springing)   10/18/2016 10/13/2016 N/A 10/13/2016 N/A No N/A
Loan 4 3 Wolfchase Galleria 6.1% N/A   10/13/2016 10/3/2016 N/A 10/3/2016 10/4/2016 Yes - 3 9.0%
Loan 6 4 100 Hamilton 5.8% Free Rent Reserve ($1,464,897); Elevator Renovation Reserve ($640,543)   11/2/2016 10/19/2016 N/A 10/19/2016 10/13/2016 Yes - 4 13.0%
Loan 4 5 Potomac Mills 5.7% N/A   9/12/2016 9/16/2016 N/A 9/16/2016 N/A No N/A
Loan 4, 8 6 FedEx Ground Portfolio 4.7% Landlord Obligations Reserve ($1,582,000); Change Order Reserve ($934,110); Litigation Reserve ($550,000)                
Property   6.01 Fedex - Yonkers, NY       9/27/2016 9/15/2016 N/A 9/14/2016 N/A No N/A
Property   6.02 Fedex - Elmsford, NY       9/27/2016 9/15/2016 N/A 9/15/2016 N/A No N/A
Property   6.03 Fedex - Bridgeport, PA       9/27/2016 9/13/2016 N/A 9/14/2016 N/A No N/A
Loan   7 Big Flats Consumer Square 4.4% Existing TI/LC ($50,595); Popeye’s Occupancy Reserve Funds ($36,000)   10/6/2016 5/17/2016 N/A 5/16/2016 N/A No N/A
Loan 6 8 The Barlow 4.1% Bronze Event Space Reserve   11/14/2016 8/10/2016 N/A 8/11/2016 8/8/2016 Yes - 4 9.0%
Loan   9 The Crossings of Spring Hill 3.2% N/A   10/25/2016 9/19/2016 N/A 9/19/2016 N/A No N/A
Loan   10 Club Royale Apartments 3.1% N/A   9/23/2016 5/13/2016 N/A 5/23/2016 5/16/2016 Yes - 4 8.0%
Loan 4 11 American Greetings HQ 3.0% Remaining Liabilities Funds Account ($13,041,716); Remaining Liabilities Letter of Credit ($2,612,000); Ground Rent Reserve Account ($50,675.25)   9/21/2016 9/8/2016 N/A 9/12/2016 N/A No N/A
Loan   12 Willco Business Center 2.8% Environmental Funds   11/8/2016 10/18/2016 N/A 10/16/2016 N/A No N/A
Loan 11 13 Enterprise Plaza 2.7% Aaron’s Reserve Funds ($1,010,000); Outstanding TI/LC Reserve Funds ($322,272); Occupancy Reserve Funds ($84,262.50)   11/8/2016 11/9/2016 N/A 10/25/2016 N/A No N/A
Loan 8, 9 14 Walgreens Pool 7 2.7% Walgreens Lease Funds Reserve                
Property   14.01 Walgreens Oak Brook       10/31/2016 10/26/2016 N/A 10/11/2016 N/A No N/A
Property   14.02 Walgreens Park Ridge       10/26/2016 10/11/2016 N/A 10/6/2016 N/A No N/A
Property   14.03 Walgreens Dallas       10/25/2016 10/11/2016 N/A 10/11/2016 N/A No N/A
Property   14.04 Walgreens Round Lake Beach       10/25/2016 10/26/2016 N/A 10/11/2016 N/A No N/A
Property   14.05 Walgreens Pasadena       10/25/2016 10/11/2016 N/A 10/11/2016 N/A No N/A
Property   14.06 Walgreens Scottsdale       10/26/2016 10/11/2016 N/A 10/11/2016 N/A No N/A
Loan 10 15 Le Meridien Tampa 2.6% AAOF Funds ($10,000,000); AAOF Repayment Funds ($1,446,740.95); Ground Rent Funds ($9,166.67); PIP Funds (Springing)   11/8/2016 9/26/2016 N/A 9/26/2016 N/A No N/A
Loan 12 16 Parkview Plaza 2.5% Environmental Reserve   10/6/2016 9/16/2016 N/A 9/16/2016 N/A No N/A
Loan 8, 9 17 Walgreens Pool 5 2.2% Walgreens Lease Funds Reserve                
Property   17.01 Walgreens Ballwin       10/25/2016 10/11/2016 N/A 10/11/2016 N/A No N/A
Property   17.02 Walgreens Espanola       10/25/2016 10/11/2016 N/A 10/11/2016 N/A No N/A
Property   17.03 Walgreens Round Rock       10/26/2016 10/7/2016 N/A 10/11/2016 N/A No N/A
Property   17.04 Walgreens Dickson       10/26/2016 10/11/2016 N/A 10/11/2016 N/A No N/A
Property   17.05 Walgreens Burleson       10/25/2016 10/10/2016 N/A 10/11/2016 N/A No N/A
Loan   18 Advance Auto Parts Distribution Facility 2.1% N/A   10/20/2016 9/20/2016 N/A 9/22/2016 N/A No N/A
Loan   19 Rosedale Marketplace 2.0% Roof Repair Funds ($255,000); Total Wine Funds ($193,750)   10/13/2016 9/28/2016 N/A 9/27/2016 N/A No N/A
Loan   20 Livonia Commons 1.9% Triparty Escrow Funds ($600,200); Environmental Insurance Reserve ($64,062.50); LUST Closure Reserve ($18,750)   9/7/2016 8/10/2016 N/A 8/9/2016 N/A No N/A
Loan 8 21 Capitol Hill Apartment Portfolio 1.7% N/A                
Property   21.01 Ilaria Apartments       7/19/2016 7/12/2016 N/A 7/12/2016 7/13/2016 Yes - 3 5.0%
Property   21.02 Morino Apartments       7/19/2016 7/12/2016 N/A 7/12/2016 7/13/2016 Yes - 3 5.0%
Property   21.03 Cortena Apartments       7/25/2016 7/12/2016 N/A 7/12/2016 7/7/2016 Yes - 3 5.0%
Loan   22 Trinity Village 1.5% N/A   10/9/2016 9/26/2016 N/A 9/26/2016 N/A No N/A
Loan   23 Carelton Courtyard and University Place 1.4% N/A   8/24/2016 7/26/2016 N/A 7/26/2016 N/A No N/A
Loan   24 Alicia Office Park 1.3% N/A   11/9/2016 10/18/2016 N/A 10/18/2016 10/18/2016 Yes - 4 9.0%
Loan 8 25 James Creek and Foxfire Student Housing 1.2% N/A                
Property   25.01 James Creek       8/26/2016 7/28/2016 N/A 7/28/2016 N/A No N/A
Property   25.02 Foxfire       9/6/2016 7/28/2016 N/A 7/28/2016 N/A No N/A
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1% N/A                
Property   26.01 4001 West Minnesota Street       11/8/2016 10/27/2016 N/A 10/27/2016 N/A No N/A
Property   26.02 1806 and 1848 Stout Field Drive       11/8/2016 10/27/2016 N/A 10/27/2016 N/A No N/A
Loan 8, 9 27 Southeast Retail Portfolio 1.0% Bi-Lo Sangaree Cap/Ex Reserve ($365,000); Rent Concession Reserve ($10,800); O&M Reserve ($500); Bi-Lo Sangaree TI/LC Reserve (Springing)                
Property   27.01 Sangaree Plaza       8/11/2016 7/21/2016 N/A 7/8/2016 N/A No N/A
Property   27.02 Tri-County Plaza       7/21/2016 7/12/2016 N/A 7/8/2016 N/A No N/A
Property   27.03 Berkley Center       7/15/2016 7/8/2016 N/A 7/8/2016 N/A No N/A
Loan   28 105 South York Street 1.0% Power2Practice Reserve   11/2/2016 10/10/2016 N/A 10/10/2016 N/A No N/A
Loan   29 Bay Area Self Storage Phase 1 1.0% N/A   10/24/2016 10/12/2016 N/A 10/6/2016 10/5/2016 Yes - 4 14.0%
Loan   30 The Heights at State College Phase IV 0.9% Radon Reserve   8/15/2016 7/19/2016 N/A 7/19/2016 N/A No N/A
Loan   31 Big Springs Village 0.9% N/A   10/11/2016 9/23/2016 N/A 9/22/2016 N/A No N/A
Loan   32 Whisper Creek 0.8% Seasonality Reserve   10/20/2016 9/23/2016 N/A 9/23/2016 N/A No N/A
Loan   33 Kohl’s - Lutz, FL Fee 0.8% N/A   9/14/2016 9/16/2016 N/A 9/16/2016 N/A No N/A
Loan   34 Harris Industrial Building 0.8% Rent Concession Reserve ($82,022); Major Tenant Rollover Reserve (Springing)   11/10/2016 11/3/2016 N/A 11/3/2016 11/3/2016 Yes - 3 12.0%
Loan   35 Gateway Plaza 0.8% Existing TILC Lease Reserve ($130,000); Rent Concession Reserve ($86,018)   11/1/2016 10/18/2016 N/A 10/14/2016 N/A No N/A
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5% N/A                
Property   36.01 Pei Wei/Mattress One       11/3/2016 2/5/2016 N/A 2/9/2016 N/A No N/A
Property   36.02 Aspen Dental       11/7/2016 12/14/2015 N/A 2/9/2016 N/A No N/A
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2% N/A                
Property   37.01 Taco Bell Orlando Leased Fee       10/31/2016 2/23/2016 N/A 2/19/2016 N/A No N/A
Property   37.02 Just Brakes Tampa       11/7/2016 2/17/2016 2/29/2016 2/9/2016 N/A No N/A
Loan   38 StorQuest - Oakland, CA 0.6% N/A   10/18/2016 9/29/2016 N/A 9/29/2016 9/29/2016 Yes - 4 19.0%
Loan   39 Fairgate Apartments 0.6% Radon Mitigation System Reserve   5/27/2016 4/21/2016 N/A 4/21/2016 N/A No N/A
Loan   40 Chestnut Commons 0.6% Existing TILC Lease Reserve   10/28/2016 10/13/2016 N/A 10/13/2016 N/A No N/A
Loan   41 The Orchard 0.6% Tenant Vacancy Reserve ($350,000); Rent Concession Reserve ($30,885)   10/19/2016 10/3/2016 N/A 10/3/2016 10/3/2016 Yes - 4 6.0%
Loan   42 Bay Area Self Storage Phase 2 0.6% N/A   10/27/2016 10/5/2016 N/A 10/6/2016 10/5/2016 Yes - 4 14.0%
Loan   43 Vista Lofts 0.6% Upfront Leasing Reserve   9/19/2016 8/30/2016 N/A 8/31/2016 N/A No N/A
Loan   44 Valencia Apartments 0.5% N/A   9/23/2016 5/16/2016 N/A 5/23/2016 5/18/2016 Yes - 4 12.0%
Loan   45 Falcon Creek Phase II Apartments 0.5% N/A   9/14/2016 9/13/2016 N/A 9/13/2016 N/A No N/A
Loan   46 Diamond Southwest Industrial 0.5% N/A   10/10/2016 9/21/2016 N/A 9/21/2016 N/A No N/A
Loan   47 Burnet House Apartments 0.5% N/A   9/23/2016 5/2/2016 N/A 5/23/2016 4/29/2016 Yes - 4 15.0%
Loan   48 Windy Knolls Phase II Apartments 0.4% N/A   9/14/2016 9/12/2016 N/A 9/12/2016 N/A No N/A
Loan   49 Colonial East Apartments 0.4% Radon Mitigation System Reserve   5/27/2016 4/21/2016 N/A 4/21/2016 N/A No N/A
Loan   50 2601 Westinghouse Boulevard 0.4% N/A   10/21/2016 10/4/2016 N/A 10/4/2016 N/A No N/A
Loan   51 Walgreens - Alma, MI 0.4% N/A   9/23/2016 9/12/2016 N/A 9/12/2016 N/A No N/A
Loan 8 52 Michigan Rite Aid Portfolio 0.4% N/A                
Property   52.01 Rite Aid - Spring Lake, MI       10/20/2016 10/7/2016 N/A 10/7/2016 N/A No N/A
Property   52.02 Rite Aid - Coloma, MI       10/20/2016 10/7/2016 N/A 10/7/2016 N/A No N/A
Loan   53 CVS Pharmacy - Sanford, FL 0.3% N/A   10/21/2016 10/19/2016 N/A 10/20/2016 N/A No N/A
Loan   54 Manassas Crossroads 0.3% N/A   10/20/2016 10/11/2016 N/A 10/12/2016 N/A No N/A
Loan   55 Park Royale Apartments 0.2% N/A   9/23/2016 5/9/2016 N/A 5/23/2016 5/9/2016 Yes - 4 15.0%
Loan   56 StorQuest - Tucson Pima, AZ 0.2% N/A   10/14/2016 9/29/2016 N/A 9/29/2016 N/A No N/A

 

A-1-11 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

            TOTAL MORTGAGE DEBT INFORMATION     TOTAL DEBT INFORMATION
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
  Cut-off Date
Pari Passu Mortgage
Debt Balance
Cut-off Date
Subord. Mortgage
Debt Balance
Total Mortgage
Debt Cut-off
Date LTV Ratio
Total Mortgage
Debt UW
NCF DSCR
Total Mortgage
Debt UW NOI
Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date
LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
Loan 4, 5 1 Hilton Hawaiian Village 6.9%   $633,600,000 $578,400,000 57.2% 2.44x 11.6%          
Loan 4, 6, 7 2 191 Peachtree 6.1%   $120,500,000   64.9% 2.69x 11.5%          
Loan 4 3 Wolfchase Galleria 6.1%   $109,845,592   64.9% 1.72x 10.7%          
Loan 6 4 100 Hamilton 5.8%                      
Loan 4 5 Potomac Mills 5.7%   $239,000,000 $125,000,000 54.4% 2.65x 9.7%          
Loan 4, 8 6 FedEx Ground Portfolio 4.7%   $127,500,000   44.2% 3.16x 13.4%   $50,000,000 57.2% 2.16x 10.3%
Property   6.01 Fedex - Yonkers, NY                        
Property   6.02 Fedex - Elmsford, NY                        
Property   6.03 Fedex - Bridgeport, PA                        
Loan   7 Big Flats Consumer Square 4.4%                      
Loan 6 8 The Barlow 4.1%                      
Loan   9 The Crossings of Spring Hill 3.2%                      
Loan   10 Club Royale Apartments 3.1%                      
Loan 4 11 American Greetings HQ 3.0%   $64,886,144   61.7% 1.45x 10.7%          
Loan   12 Willco Business Center 2.8%                      
Loan 11 13 Enterprise Plaza 2.7%                      
Loan 8, 9 14 Walgreens Pool 7 2.7%                      
Property   14.01 Walgreens Oak Brook                        
Property   14.02 Walgreens Park Ridge                        
Property   14.03 Walgreens Dallas                        
Property   14.04 Walgreens Round Lake Beach                        
Property   14.05 Walgreens Pasadena                        
Property   14.06 Walgreens Scottsdale                        
Loan 10 15 Le Meridien Tampa 2.6%                      
Loan 12 16 Parkview Plaza 2.5%                      
Loan 8, 9 17 Walgreens Pool 5 2.2%                      
Property   17.01 Walgreens Ballwin                        
Property   17.02 Walgreens Espanola                        
Property   17.03 Walgreens Round Rock                        
Property   17.04 Walgreens Dickson                        
Property   17.05 Walgreens Burleson                        
Loan   18 Advance Auto Parts Distribution Facility 2.1%                      
Loan   19 Rosedale Marketplace 2.0%                      
Loan   20 Livonia Commons 1.9%                      
Loan 8 21 Capitol Hill Apartment Portfolio 1.7%                      
Property   21.01 Ilaria Apartments                        
Property   21.02 Morino Apartments                        
Property   21.03 Cortena Apartments                        
Loan   22 Trinity Village 1.5%                      
Loan   23 Carelton Courtyard and University Place 1.4%                      
Loan   24 Alicia Office Park 1.3%                      
Loan 8 25 James Creek and Foxfire Student Housing 1.2%                      
Property   25.01 James Creek                        
Property   25.02 Foxfire                        
Loan 8, 13 26 Stout Field Industrial Portfolio 1.1%                      
Property   26.01 4001 West Minnesota Street                        
Property   26.02 1806 and 1848 Stout Field Drive                        
Loan 8, 9 27 Southeast Retail Portfolio 1.0%                      
Property   27.01 Sangaree Plaza                        
Property   27.02 Tri-County Plaza                        
Property   27.03 Berkley Center                        
Loan   28 105 South York Street 1.0%                      
Loan   29 Bay Area Self Storage Phase 1 1.0%                      
Loan   30 The Heights at State College Phase IV 0.9%                      
Loan   31 Big Springs Village 0.9%                      
Loan   32 Whisper Creek 0.8%                      
Loan   33 Kohl’s - Lutz, FL Fee 0.8%                      
Loan   34 Harris Industrial Building 0.8%                      
Loan   35 Gateway Plaza 0.8%                      
Loan 8, 9, 14 36 Florida NNN Portfolio I 0.5%                      
Property   36.01 Pei Wei/Mattress One                        
Property   36.02 Aspen Dental                        
Loan 8, 9, 14 37 Florida NNN Portfolio II 0.2%                      
Property   37.01 Taco Bell Orlando Leased Fee                        
Property   37.02 Just Brakes Tampa                        
Loan   38 StorQuest - Oakland, CA 0.6%                      
Loan   39 Fairgate Apartments 0.6%                      
Loan   40 Chestnut Commons 0.6%                      
Loan   41 The Orchard 0.6%                      
Loan   42 Bay Area Self Storage Phase 2 0.6%                      
Loan   43 Vista Lofts 0.6%                      
Loan   44 Valencia Apartments 0.5%                      
Loan   45 Falcon Creek Phase II Apartments 0.5%                      
Loan   46 Diamond Southwest Industrial 0.5%                      
Loan   47 Burnet House Apartments 0.5%                      
Loan   48 Windy Knolls Phase II Apartments 0.4%                      
Loan   49 Colonial East Apartments 0.4%                      
Loan   50 2601 Westinghouse Boulevard 0.4%                      
Loan   51 Walgreens - Alma, MI 0.4%                      
Loan 8 52 Michigan Rite Aid Portfolio 0.4%                      
Property   52.01 Rite Aid - Spring Lake, MI                        
Property   52.02 Rite Aid - Coloma, MI                        
Loan   53 CVS Pharmacy - Sanford, FL 0.3%                      
Loan   54 Manassas Crossroads 0.3%                      
Loan   55 Park Royale Apartments 0.2%                      
Loan   56 StorQuest - Tucson Pima, AZ 0.2%                      

 

A-1-12 

 

 

  MSBAM 2016-C32
  Footnotes to Annex A-1
   
   
(1) BANA—Bank of America, National Association; CIBC—CIBC Inc.; KeyBank—KeyBank National Association; MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; SMC—Starwood Mortgage Capital LLC; SMF III—Starwood Mortgage Funding III LLC
   
(2) The Administrative Cost Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan.
   
(3) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans.
   
(4) Each of the Hilton Hawaiian Village Mortgage Loan (Mortgage Loan No. 1), the 191 Peachtree Mortgage Loan (Mortgage Loan No. 2), the Wolfchase Galleria Mortgage Loan (Mortgage Loan No. 3), the Potomac Mills Mortgage Loan (Mortgage Loan No. 5), the FedEx Ground Portfolio Mortgage Loan (Mortgage Loan No. 6) and the American Greetings HQ Mortgage Loan (Mortgage Loan No. 11) is part of a whole loan related to the Issuing Entity. For further information, see “Description of the Mortgage Pool—The Whole Loans” and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans”, in the Preliminary Prospectus.
   
(5) With respect to Mortgage Loan No. 1, Hilton Hawaiian Village, an approximately 5,900 SF outparcel of the Hilton Hawaiian Village Property is comprised of a leasehold interest with Virginia L. Taran, Trustee of the Virginia Lumapas Taran Revocable Living Trust dated August 10, 1959 as the ground lessor under a ground lease which expires July 31, 2035.
   
(6) With respect to Mortgage Loan Nos. 2, 4 and 8, 191 Peachtree, 100 Hamilton, and The Barlow, the related mortgage loan documents permit future subordinate secured financing or mezzanine financing generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in the Preliminary Prospectus.
   
(7) With respect to Mortgage Loan No. 2, 191 Peachtree, a portion of the 191 Peachtree Property located under the parking garage servicing the office building at 191 Peachtree Street is comprised of a leasehold interest with an entity of the Ritz Carlton Atlanta as the ground lessor under a 99-year term ground lease which expires February 10, 2087, and has one 99-year extension, resulting in a final maturity on February 10, 2186.
   
(8) With respect to Mortgage Loan Nos. 6, 14, 17, 21, 25, 26, 27, 36, 37, and 52, FedEx Ground Portfolio, Walgreens Pool 7, Walgreens Pool 5, Capitol Hill Apartment Portfolio, James Creek and Foxfire Student Housing, Stout Field Industrial Portfolio, Southeast Retail Portfolio, Florida NNN Portfolio I, Florida NNN Portfolio II and Michigan Rite Aid Portfolio, each such mortgage loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or UW NCF, among other methods.

 

A-1-13 

 

 

   
(9) With respect to Mortgage Loan Nos. 14, 17, 27, 36 and 37, Walgreens Pool 7, Walgreens Pool 5, Southeast Retail Portfolio, Florida NNN Portfolio I and Florida NNN Portfolio II, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases” in the Preliminary Prospectus.
   
(10) With respect to Mortgage Loan No. 15, Le Meridien Tampa, the Le Meridien Tampa Property is subject to a ground lease from the City of Tampa that expires March 31, 2119 with the option for the lessee to terminate the ground leasehold after 60 years on March 31, 2073. The ground lease provides for an initial payment of $1 per annum for the first two years, $10,000 per annum for years three through 30, $15,000 per annum for years 31 through 60 and $25,000 per annum for the remaining 46-years. The ground lease is currently in its fourth year.
   
(11) The borrower of Mortgage Loan No. 13, Enterprise Plaza, (the “Enterprise Plaza Borrower”) owns a leasehold interest in the Enterprise Plaza Mortgaged Property and the indirect 100% equity owner of the Enterprise Plaza Borrower owns a fee interest in the Enterprise Plaza Mortgaged Property, each of which is subject to a mortgage securing the Enterprise Plaza Whole Loan. Accordingly, the Enterprise Plaza Mortgaged Property is being treated as a fee interest.
 
   
(12) The borrower of Mortgage Loan No. 16, Parkview Plaza, (the “Parkview Plaza Borrower”) owns a leasehold interest in the Parkview Plaza Mortgaged Property and the 100% equity owner of the Parkview Plaza Borrower owns a fee interest in the Parkview Plaza Mortgaged Property, each of which is subject to a mortgage securing the Parkview Plaza Whole Loan. Accordingly, the Parkview Plaza Mortgaged Property is being treated as a fee interest.
   
(13) With respect to Mortgage Loan No. 26, Stout Field Industrial Portfolio, the mortgaged properties have historically been operated as one property. As such, the Appraised Value is allocated to each mortgaged property by UW NCF.
   
(14) Mortgage Loan Nos. 36 and 37, Florida NNN Portfolio I and Florida NNN Portfolio II, are cross-collateralized and cross-defaulted. For the purpose of the statistical information set forth in the Preliminary Prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are shown on an aggregate basis. The related loan documents permit a full defeasance of Florida NNN Portfolio I, pursuant to certain provisions in the combined loan documents, only upon the full defeasance of Florida NNN Portfolio II. A full defeasance of Florida NNN Portfolio II is permitted, pursuant to the Florida NNN Portfolio II loan documents, without the contemporaneous defeasance of Florida NNN Portfolio I. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” in the Preliminary Prospectus.
   
A “Yield Maintenance Premium” shall mean, with respect to any repayment of the outstanding principal balance of the Loan after the Permitted Release Date but prior to the Yield Maintenance End Date, an amount equal to the greater of (a) one percent (1%) of the outstanding principal of the Note to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of interest to be made with respect to the portion of such Note being prepaid assuming that all scheduled payments are made timely and that the principal of the applicable Note being prepaid (including interest thereon through the end of the related Interest Period) is paid on the Yield Maintenance End Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semiannually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid.

“Yield Maintenance End Date” shall mean the Payment Date occurring in May, 2026.

 

A-1-14 

 

 

   
  “Prepayment Rate” shall mean the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Yield Maintenance End Date, as determined by Lender on the basis of “Statistical Release H.15 (519), Selected Interest Rates,” or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. If more than one issue of United States Treasury Securities has the remaining term to the Maturity Date, the “Prepayment Rate” shall be the yield on such United States Treasury Security most recently issued as of the Prepayment Rate Determination Date. The rate so published shall control absent manifest error.
   
B “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) (A) if no Event of Default has occurred and is continuing as of the Prepayment Date, one percent (1%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) if an Event of Default has occurred and is continuing as of the Prepayment Date, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date. “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Open Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Stated Maturity Date. (In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate). “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually.
   
C “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the Prepayment Calculation Date, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published. Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
D “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Payment Date following the expiration of the Lockout Period each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the Prepayment Calculation Date, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or

 

A-1-15 

 

 

   
  shorter) most nearly approximating the Payment Date following the expiration of the Lockout Period, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
E “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the last day of the Lockout Period each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the Prepayment Calculation Date, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the last day of the Lockout Period, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
F “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value, as of the Prepayment Date (hereinafter defined), of the remaining scheduled payments of principal and interest from the Prepayment Date through the Maturity Date including any balloon payment determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid. The “Discount Rate” shall mean the rate that, when compounded monthly, is equivalent to the Treasury Rate (hereinafter defined) when compounded semi-annually. The “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Maturity Date. If Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate. The “Prepayment Date” shall mean the date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note.

 

A-1-16