0001539497-12-000037.txt : 20120227 0001539497-12-000037.hdr.sgml : 20120227 20120227172745 ACCESSION NUMBER: 0001539497-12-000037 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120227 DATE AS OF CHANGE: 20120227 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMM 2012-LC4 Mortgage Trust CENTRAL INDEX KEY: 0001543042 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: 333-172143-03 FILM NUMBER: 12643528 BUSINESS ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: ROOM 520 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6179517690 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: ROOM 608 CITY: BOSTON STATE: MA ZIP: 02110 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE MORTGAGE & ASSET RECEIVING CORP CENTRAL INDEX KEY: 0001013454 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 043310019 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: ROOM 520 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6179517690 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: ROOM 608 CITY: BOSTON STATE: MA ZIP: 02110 FWP 1 annex_a1.htm annex_a1.htm
 

COMM 2012-LC4
 
The Information contained herein (the "Information") is preliminary and subject to change.  The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series COMM 2012-LC4 (the "Offering Document").  The Information supersedes any such information previously delivered.  The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document.  The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document.  The Information contained herein will be more fully described elsewhere in the Offering Document.  The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value.  Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. The privately offered securities described in the Offering Document as to which the Information relates have not been and will not be registered under the United States Securities Act of 1933, as amended. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation would be illegal.
 
For investor in publicly offered securities as to which the Information relates:
The depositor has filed a registration statement (including the prospectus) with the SEC (SEC File No. 333-172143) for the offering to which this communication relates.  Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the depositor or Deutsche Bank Securities Inc., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by email to prospectus.cpdg@db.com.


 
 

 

COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
 
                                       
     
% of
 
Mortgage
Mortgage
 
Cut-off
     
General
Detailed
       
Interest
Original
     
Initial Pool
# of
Loan
Loan
Original
Date
 
Maturity
 
Property
Property
Interest
Administrative
Additional
Total
Accrual
Term to
Property Flag
ID
Property Name
Balance
Properties
Originator (1)
Seller (2)
Balance($)(3)
Balance($)(3)
 
or ARD Balance($)(4)
 
Type
Type
Rate (4)
Fee Rate (5)
Strip
Strip
Basis
Maturity or ARD (4)
Loan
1
Square One Mall
10.6%
1
GACC
GACC
100,000,000
99,779,556
 
83,468,450
 
Retail
Regional Mall
5.4730%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
2
Union Square Retail
8.0%
1
LCF
LCF
75,000,000
75,000,000
 
75,000,000
 
Retail
Anchored
4.8800%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
3
Puerto Rico Retail Portfolio (21)
6.1%
4
LCF
LCF
57,750,000
57,750,000
 
48,760,748
 
Retail
Anchored
5.8500%
0.1037%
0.0000%
0.1037%
Actual/360
120
Property
3.01
Plaza Los Prados
2.4%
1
LCF
LCF
22,700,000
22,700,000
     
Retail
Anchored
           
Property
3.02
Juncos Plaza
1.5%
1
LCF
LCF
14,250,000
14,250,000
     
Retail
Anchored
           
Property
3.03
Manati Centro Plaza
1.5%
1
LCF
LCF
13,800,000
13,800,000
     
Retail
Anchored
           
Property
3.04
University Plaza
0.7%
1
LCF
LCF
7,000,000
7,000,000
     
Retail
Anchored
           
Loan
4
Hartman Portfolio (22)
6.0%
12
JPMIM
GACC
56,514,846
56,514,846
 
50,921,607
 
Various
Various
6.5000%
0.1037%
0.0000%
0.1037%
30/360
120
Property
4.01
Westheimer Central Plaza
1.0%
1
JPMIM
GACC
9,397,628
9,397,628
     
Office
Suburban
           
Property
4.02
The Preserve
0.7%
1
JPMIM
GACC
6,881,402
6,881,402
     
Office
Suburban
           
Property
4.03
North Central Plaza
0.6%
1
JPMIM
GACC
6,112,582
6,112,582
     
Office
Suburban
           
Property
4.04
Walzem Plaza
0.6%
1
JPMIM
GACC
5,790,096
5,790,096
     
Retail
Unanchored
           
Property
4.05
3100 Timmons Lane
0.5%
1
JPMIM
GACC
4,560,381
4,560,381
     
Office
Suburban
           
Property
4.06
One Mason Plaza
0.5%
1
JPMIM
GACC
4,359,243
4,359,243
     
Retail
Unanchored
           
Property
4.07
Northbelt Atrium I
0.5%
1
JPMIM
GACC
4,250,177
4,250,177
     
Office
Suburban
           
Property
4.08
Park Central
0.4%
1
JPMIM
GACC
3,892,502
3,892,502
     
Office
Suburban
           
Property
4.09
Northbelt Atrium II
0.4%
1
JPMIM
GACC
3,653,721
3,653,721
     
Office
Suburban
           
Property
4.10
11811 North Freeway
0.4%
1
JPMIM
GACC
3,477,462
3,477,462
     
Office
Suburban
           
Property
4.11
Tower Pavilion
0.3%
1
JPMIM
GACC
2,359,532
2,359,532
     
Office
Suburban
           
Property
4.12
Central Park Business Center
0.2%
1
JPMIM
GACC
1,780,118
1,780,118
     
Industrial
Flex
           
Loan
5
180 Peachtree Street
5.8%
1
GACC
GACC
55,000,000
54,888,798
 
46,549,648
 
Office
Data Center
5.9300%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
6
Hampshire Multifamily Portfolio
5.8%
6
GACC
GACC
55,000,000
54,793,389
 
46,797,672
 
Multifamily
Garden
6.1100%
0.1037%
0.0000%
0.1037%
Actual/360
120
Property
6.01
Westlake Apartments
3.4%
1
GACC
GACC
32,025,774
31,905,468
     
Multifamily
Garden
           
Property
6.02
Woods Edge Apartments
0.8%
1
GACC
GACC
7,360,361
7,332,712
     
Multifamily
Garden
           
Property
6.03
Wind Drift Apartments
0.6%
1
GACC
GACC
5,511,655
5,490,950
     
Multifamily
Garden
           
Property
6.04
Riverwood Apartments
0.4%
1
GACC
GACC
4,111,166
4,095,722
     
Multifamily
Garden
           
Property
6.05
Spyglass Apartments
0.4%
1
GACC
GACC
3,810,391
3,796,077
     
Multifamily
Garden
           
Property
6.06
Villa Nova Apartments
0.2%
1
GACC
GACC
2,180,651
2,172,460
     
Multifamily
Garden
           
Loan
7
Alamance Crossing
5.4%
1
RB
GLAC
50,800,000
50,454,122
 
42,956,557
 
Retail
Regional Mall
5.8300%
0.1337%
0.9800%
1.1137%
Actual/360
119
Loan
8
Brea Plaza Shopping Center
4.6%
1
LCF
LCF
43,500,000
43,451,656
 
37,233,966
 
Retail
Anchored
6.3220%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
9
Rio Apartments
2.0%
1
LCF
LCF
18,500,000
18,479,935
 
17,419,793
 
Multifamily
Garden
6.5000%
0.1037%
0.0000%
0.1037%
Actual/360
60
Loan
10
Treetop Apartments
1.7%
1
LCF
LCF
16,000,000
15,982,647
 
15,065,767
 
Multifamily
Garden
6.5000%
0.1037%
0.0000%
0.1037%
Actual/360
60
Loan
11
Piatt Place (23)
3.6%
1
GLAC
GLAC
33,500,000
33,500,000
 
29,349,475
 
Mixed Use
Office/Retail
5.5000%
0.1337%
0.0000%
0.1337%
Actual/360
120
Loan
12
Susquehanna Valley Mall
3.0%
1
GACC
GACC
27,950,000
27,895,902
 
23,814,333
 
Retail
Regional Mall
6.1580%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
13
Vernola Marketplace
2.5%
1
GACC
GACC
23,750,000
23,561,921
 
19,597,244
 
Retail
Anchored
5.1070%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
14
GRM Portfolio
2.1%
2
GACC
GACC
20,000,000
19,967,806
 
15,486,300
 
Industrial
Warehouse/Distribution
6.0000%
0.1037%
0.0000%
0.1037%
Actual/360
120
Property
14.01
10310 Harwin Drive
1.1%
1
GACC
GACC
10,600,000
10,582,937
     
Industrial
Warehouse/Distribution
           
Property
14.02
Chicago Building
1.0%
1
GACC
GACC
9,400,000
9,384,869
     
Industrial
Warehouse/Distribution
           
Loan
15
Evergreen Portfolio
1.8%
3
LCF
LCF
17,500,000
16,964,976
 
13,982,104
 
Manufactured Housing Community
Manufactured Housing Community
6.0490%
0.1037%
0.0000%
0.1037%
Actual/360
120
Property
15.01
Yorktowne MHP
1.3%
1
LCF
LCF
12,400,000
12,365,245
     
Manufactured Housing Community
Manufactured Housing Community
           
Property
15.02
Pondarosa MHP
0.3%
1
LCF
LCF
2,950,000
2,455,757
     
Manufactured Housing Community
Manufactured Housing Community
           
Property
15.03
Vance MHP
0.2%
1
LCF
LCF
2,150,000
2,143,974
     
Manufactured Housing Community
Manufactured Housing Community
           
Loan
16
Healdsburg Hotel
1.8%
1
GACC
GACC
17,000,000
16,883,352
 
15,979,515
 
Hospitality
Full Service
6.3500%
0.1037%
0.0000%
0.1037%
Actual/360
60
Loan
17
Montebello Town Square
1.7%
1
GACC
GACC
16,000,000
15,978,416
 
13,135,029
 
Retail
Anchored
4.9560%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
18
Plaza del Sol
1.7%
1
GACC
GACC
15,750,000
15,732,025
 
13,407,113
 
Retail
Regional Mall
6.1300%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
19
Holiday Village
1.6%
1
LCF
LCF
15,500,000
15,454,232
 
13,069,812
 
Manufactured Housing Community
Manufactured Housing Community
5.8020%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
20
Bear Creek Plaza
1.6%
1
GLAC
GLAC
15,400,000
15,381,462
 
12,962,517
 
Retail
Anchored
5.7500%
0.1337%
0.0000%
0.1337%
Actual/360
120
Loan
21
BB&T Headquarters Building (21)
1.6%
1
LCF
LCF
15,360,750
15,328,964
 
12,953,409
 
Office
CBD
5.8080%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
22
Rancho Penasquitos Towne Center I
1.5%
1
GACC
GACC
14,465,000
14,364,196
 
11,903,046
 
Retail
Anchored
5.0250%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
23
Johnstown Galleria - Ground Lease
1.4%
1
LCF
LCF
13,551,525
13,551,525
 
13,551,525
 
Other
Leased Fee
5.1500%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
24
Rancho Penasquitos Towne Center II
1.2%
1
GACC
GACC
11,100,000
11,022,646
 
9,134,035
 
Retail
Anchored
5.0250%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
25
Southwood Manor MHC
1.2%
1
LCF
LCF
11,050,000
11,000,933
 
9,441,304
 
Manufactured Housing Community
Manufactured Housing Community
6.2500%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
26
BJ's Wholesale Pittsfield
1.2%
1
LCF
LCF
11,000,000
11,000,000
 
11,000,000
 
Retail
Single Tenant
5.5000%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
27
Penland Park MHC
1.2%
1
LCF
LCF
11,000,000
10,951,155
 
9,398,584
 
Manufactured Housing Community
Manufactured Housing Community
6.2500%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
28
Eagle Crest MHC
1.1%
1
LCF
LCF
10,750,000
10,720,004
 
9,136,943
 
Manufactured Housing Community
Manufactured Housing Community
6.0700%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
29
Fingerlakes Crossing Shopping Center
1.1%
1
LCF
LCF
10,500,000
10,440,050
 
9,823,781
 
Retail
Anchored
6.0000%
0.1037%
0.0000%
0.1037%
Actual/360
60
Loan
30
Hickory Glen Apartments
1.0%
1
LCF
LCF
9,000,000
8,989,011
 
7,552,532
 
Multifamily
Age Restricted
5.6500%
0.1237%
0.0000%
0.1237%
Actual/360
120
Loan
31
Comfort Inn JFK at Ozone Park
1.0%
1
LCF
LCF
9,000,000
8,985,600
 
6,980,563
 
Hospitality
Limited Service
6.0500%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
32
Staybridge Suites SeaWorld
0.9%
1
GLAC
GLAC
9,000,000
8,933,110
 
7,838,470
 
Hospitality
Limited Service
6.7500%
0.1337%
0.0000%
0.1337%
Actual/360
84
Loan
33
Boulevard Estates MHC
0.9%
1
LCF
LCF
8,100,000
8,078,896
 
6,948,088
 
Manufactured Housing Community
Manufactured Housing Community
6.3890%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
34
Northcross & Victoria
0.8%
1
LCF
LCF
7,700,000
7,683,737
 
6,472,096
 
Retail
Anchored
5.7000%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
35
Hampton Inn & Suites
0.8%
1
LCF
LCF
7,700,000
7,679,065
 
6,042,726
 
Hospitality
Limited Service
6.4000%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
36
Westchester I Office
0.8%
1
LCF
LCF
7,635,000
7,619,234
 
6,440,568
 
Office
Suburban
5.8190%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
37
Marina Towers
0.8%
1
GLAC
GLAC
7,550,000
7,507,794
 
7,073,151
 
Office
Suburban
6.1000%
0.1337%
0.0000%
0.1337%
Actual/360
60
Loan
38
Spalding Building
0.8%
1
LCF
LCF
7,500,000
7,478,533
 
6,352,120
 
Office
CBD
5.9500%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
39
Addison Place North
0.7%
1
GACC
GACC
6,950,000
6,950,000
 
5,831,886
 
Retail
Unanchored
5.6450%
0.1037%
0.0000%
0.1037%
Actual/360
120
Loan
40
Hotel Provincial
0.7%
1
GLAC
GLAC
7,000,000
6,938,735
 
5,378,894
 
Hospitality
Limited Service
5.7700%
0.1337%
0.0000%
0.1337%
Actual/360
120
Loan
41
Alrig Portfolio
0.7%
3
LCF
LCF
6,800,000
6,800,000
 
5,734,122
 
Various
Various
5.8070%
0.0837%
0.0000%
0.0837%
Actual/360
120
Property
41.01
Bloomfield Office Pavilion
0.4%
1
LCF
LCF
3,410,000
3,410,000
     
Office
Suburban
           
Property
41.02
Willow Office Center
0.2%
1
LCF
LCF
2,190,000
2,190,000
     
Office
Suburban
           
Property
41.03
Cady Office Centre
0.1%
1
LCF
LCF
1,200,000
1,200,000
     
Mixed Use
Office/Retail
           
Loan
42
Wood Forest Apartments
0.7%
1
GLAC
GLAC
6,800,000
6,780,333
 
5,266,016
 
Multifamily
Garden
6.0000%
0.1337%
0.0000%
0.1337%
Actual/360
120
Loan
43
Fox Hunt Apartments
0.4%
1
LCF
LCF
4,075,000
4,049,455
 
3,789,042
 
Multifamily
Garden
5.5500%
0.0837%
0.0000%
0.0837%
Actual/360
60
 
 
A-1-1

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

                                     
     
Remaining
Original
Remaining
First
     
Annual
Monthly
Remaining
   
Crossed
     
     
Term to
Amortization
Amortization
Payment
Maturity
ARD Loan
Final
Debt
Debt
Interest Only
 
Cash
With
Related
Underwritten
Underwritten
Property Flag
ID
Property Name
Maturity or ARD (4)
Term (3)
Term (3)
Date
or ARD Date (4)
(Yes/No) (4)
Maturity Date (4)
Service($)(6)
Service($)(6)
Period
 Lockbox (7)
 Management (8)
Other Loans (9)
Borrower
NOI DSCR (6)(9)
NCF DSCR (6)(9)
Loan
1
Square One Mall
118
360
358
02/06/2012
01/06/2022
No
01/06/2022
6,793,154
566,096
 
Hard
In Place
No
 
1.93x
1.84x
Loan
2
Union Square Retail
114
0
0
10/06/2011
09/06/2021
No
09/06/2021
3,710,833
309,236
114
None
None
No
 
4.34x
4.12x
Loan
3
Puerto Rico Retail Portfolio (21)
120
360
360
04/06/2012
03/06/2022
No
03/06/2022
4,088,291
340,691
 
Hard
In Place
No
 
1.69x
1.59x
Property
3.01
Plaza Los Prados
                               
Property
3.02
Juncos Plaza
                               
Property
3.03
Manati Centro Plaza
                               
Property
3.04
University Plaza
                               
Loan
4
Hartman Portfolio (22)
79
360
343
11/01/2008
10/01/2018
No
10/01/2018
4,356,480
363,040
 
None
None
No
 
1.62x
1.34x
Property
4.01
Westheimer Central Plaza
                               
Property
4.02
The Preserve
                               
Property
4.03
North Central Plaza
                               
Property
4.04
Walzem Plaza
                               
Property
4.05
3100 Timmons Lane
                               
Property
4.06
One Mason Plaza
                               
Property
4.07
Northbelt Atrium I
                               
Property
4.08
Park Central
                               
Property
4.09
Northbelt Atrium II
                               
Property
4.10
11811 North Freeway
                               
Property
4.11
Tower Pavilion
                               
Property
4.12
Central Park Business Center
                               
Loan
5
180 Peachtree Street
118
360
358
02/06/2012
01/06/2022
No
01/06/2022
3,927,380
327,282
 
Hard
In Place
No
 
1.73x
1.62x
Loan
6
Hampshire Multifamily Portfolio
116
360
356
12/06/2011
11/06/2021
No
11/06/2021
4,003,830
333,652
 
Springing Soft
Springing
No
 
1.50x
1.32x
Property
6.01
Westlake Apartments
                               
Property
6.02
Woods Edge Apartments
                               
Property
6.03
Wind Drift Apartments
                               
Property
6.04
Riverwood Apartments
                               
Property
6.05
Spyglass Apartments
                               
Property
6.06
Villa Nova Apartments
                               
Loan
7
Alamance Crossing
112
360
353
09/01/2011
07/01/2021
No
07/01/2021
3,588,501
299,042
 
Hard
Springing
No
 
1.44x
1.35x
Loan
8
Brea Plaza Shopping Center
119
360
359
03/06/2012
02/06/2022
No
02/06/2022
3,238,527
269,877
 
Hard
In Place
No
 
1.28x
1.22x
Loan
9
Rio Apartments
59
360
359
03/06/2012
02/06/2017
No
02/06/2017
1,403,191
116,933
 
Soft
In Place
Yes - A
Yes - A
1.52x
1.45x
Loan
10
Treetop Apartments
59
360
359
03/06/2012
02/06/2017
No
02/06/2017
1,213,571
101,131
 
Soft
In Place
Yes - A
Yes - A
1.52x
1.45x
Loan
11
Piatt Place (23)
120
360
360
04/06/2012
03/06/2022
No
03/06/2022
2,282,512
190,209
24
Hard
In Place
No
 
1.49x
1.45x
Loan
12
Susquehanna Valley Mall
118
360
358
02/06/2012
01/06/2022
No
01/06/2022
2,045,089
170,424
 
Hard
Springing
No
 
2.15x
1.94x
Loan
13
Vernola Marketplace
113
360
353
09/06/2011
08/06/2021
No
08/06/2021
1,548,633
129,053
 
Hard
In Place
No
 
1.98x
1.83x
Loan
14
GRM Portfolio
119
300
299
03/06/2012
02/06/2022
No
02/06/2022
1,546,323
128,860
 
Hard
In Place
No
 
1.54x
1.39x
Property
14.01
10310 Harwin Drive
                               
Property
14.02
Chicago Building
                               
Loan
15
Evergreen Portfolio
117
360
357
01/06/2012
12/06/2021
No
12/06/2021
1,265,679
105,473
 
Soft
Springing
No
Yes - B
1.41x
1.38x
Property
15.01
Yorktowne MHP
                               
Property
15.02
Pondarosa MHP
                               
Property
15.03
Vance MHP
                               
Loan
16
Healdsburg Hotel
52
360
352
08/06/2011
07/06/2016
No
07/06/2016
1,269,361
105,780
 
Hard
Springing
No
 
1.78x
1.46x
Loan
17
Montebello Town Square
119
360
359
03/06/2012
02/06/2022
No
02/06/2022
1,025,541
85,462
 
Springing Hard
Springing
No
Yes - C
3.14x
2.97x
Loan
18
Plaza del Sol
119
360
359
03/06/2012
02/06/2022
No
02/06/2022
1,148,995
95,750
 
Springing Hard
Springing
No
 
1.63x
1.44x
Loan
19
Holiday Village
117
360
357
01/06/2012
12/06/2021
No
12/06/2021
1,091,598
90,966
 
Soft
Springing
No
Yes - B
1.80x
1.78x
Loan
20
Bear Creek Plaza
119
360
359
03/06/2012
02/06/2022
No
02/06/2022
1,078,443
89,870
 
None
None
No
 
1.54x
1.35x
Loan
21
BB&T Headquarters Building (21)
118
360
358
02/06/2012
01/06/2022
Yes
01/06/2037
1,082,495
90,208
 
Hard
In Place
No
 
2.44x
2.29x
Loan
22
Rancho Penasquitos Towne Center I
114
360
354
10/06/2011
09/06/2021
No
09/06/2021
934,469
77,872
 
Springing Hard
Springing
No
Yes - C
1.73x
1.65x
Loan
23
Johnstown Galleria - Ground Lease
113
0
0
09/06/2011
08/06/2021
No
08/06/2021
707,597
58,966
113
Hard
In Place
No
 
1.98x
1.98x
Loan
24
Rancho Penasquitos Towne Center II
114
360
354
10/06/2011
09/06/2021
No
09/06/2021
717,083
59,757
 
Springing Hard
Springing
No
Yes - C
1.86x
1.76x
Loan
25
Southwood Manor MHC
115
360
355
11/06/2011
10/06/2021
No
10/06/2021
816,441
68,037
 
Soft
Springing
No
Yes - D
1.36x
1.33x
Loan
26
BJ's Wholesale Pittsfield
120
0
0
04/06/2012
03/06/2022
No
03/06/2022
613,403
51,117
120
Hard
In Place
No
 
1.67x
1.66x
Loan
27
Penland Park MHC
115
360
355
11/06/2011
10/06/2021
No
10/06/2021
812,747
67,729
 
Soft
Springing
No
Yes - D
1.43x
1.40x
Loan
28
Eagle Crest MHC
117
360
357
01/06/2012
12/06/2021
No
12/06/2021
779,235
64,936
 
Soft
Springing
No
Yes - B
1.35x
1.33x
Loan
29
Fingerlakes Crossing Shopping Center
54
360
354
10/06/2011
09/06/2016
No
09/06/2016
755,434
62,953
 
Hard
Springing
No
 
1.42x
1.27x
Loan
30
Hickory Glen Apartments
119
360
359
03/06/2012
02/06/2022
No
02/06/2022
623,415
51,951
 
Springing Soft
Springing
No
 
1.56x
1.50x
Loan
31
Comfort Inn JFK at Ozone Park
119
300
299
03/06/2012
02/06/2022
No
02/06/2022
699,150
58,263
 
Hard
Springing
No
 
1.65x
1.51x
Loan
32
Staybridge Suites SeaWorld
78
300
294
10/06/2011
09/06/2018
No
09/06/2018
746,184
62,182
 
Hard
In Place
No
 
1.54x
1.39x
Loan
33
Boulevard Estates MHC
117
360
357
01/06/2012
12/06/2021
No
12/06/2021
607,292
50,608
 
Soft
Springing
No
Yes - B
1.30x
1.28x
Loan
34
Northcross & Victoria
118
360
358
02/06/2012
01/06/2022
No
01/06/2022
536,290
44,691
 
Hard
Springing
No
 
1.94x
1.66x
Loan
35
Hampton Inn & Suites
118
300
298
02/06/2012
01/06/2022
No
01/06/2022
618,130
51,511
 
Hard
Springing
No
 
2.17x
1.98x
Loan
36
Westchester I Office
118
360
358
02/06/2012
01/06/2022
No
01/06/2022
538,692
44,891
 
Hard
Springing
No
 
1.45x
1.32x
Loan
37
Marina Towers
54
360
354
10/06/2011
09/06/2016
No
09/06/2016
549,031
45,753
 
Hard
In Place
No
 
1.47x
1.31x
Loan
38
Spalding Building
117
360
357
01/06/2012
12/06/2021
No
12/06/2021
536,706
44,725
 
Springing Hard
Springing
No
 
1.75x
1.46x
Loan
39
Addison Place North
120
360
360
04/06/2012
03/06/2022
No
03/06/2022
481,151
40,096
 
Springing Hard
Springing
No
 
1.56x
1.50x
Loan
40
Hotel Provincial
114
300
294
10/01/2011
09/01/2021
No
09/01/2021
529,465
44,122
 
None
None
No
 
2.24x
1.95x
Loan
41
Alrig Portfolio
120
360
360
04/06/2012
03/06/2022
No
03/06/2022
479,154
39,930
 
Hard
Springing
No
 
1.76x
1.42x
Property
41.01
Bloomfield Office Pavilion
                               
Property
41.02
Willow Office Center
                               
Property
41.03
Cady Office Centre
                               
Loan
42
Wood Forest Apartments
118
300
298
02/06/2012
01/06/2022
No
01/06/2022
525,750
43,813
 
Hard
In Place
No
 
1.51x
1.43x
Loan
43
Fox Hunt Apartments
54
360
354
10/06/2011
09/06/2016
No
09/06/2016
279,185
23,265
 
Springing Soft
Springing
No
 
2.03x
1.74x

 
 
A-1-2

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                 
               
Cut-Off
               
     
Grace
Payment
Appraised
 
Appraisal
Date LTV
LTV Ratio at
           
Year
Property Flag
ID
Property Name
Period (10)
Date
Value($)
 
As-of Date
Ratio (9)
Maturity or ARD (4)(9)
 
Address
City
County
State
Zip Code
Built
Loan
1
Square One Mall
0
6
201,000,000
 
11/11/2011
49.6%
41.5%
 
1201 Broadway
Saugus
Essex
MA
01906
1959
Loan
2
Union Square Retail
0
6
310,000,000
 
01/04/2012
24.2%
24.2%
 
One Union Square South
New York
New York
NY
10003
1999
Loan
3
Puerto Rico Retail Portfolio (21)
0
6
85,400,000
 
Various
67.6%
57.1%
 
Various
Various
NAP
PR
Various
Various
Property
3.01
Plaza Los Prados
   
32,600,000
 
11/22/2011
     
PR-156, Km. 56.3
Caguas
NAP
PR
00725
2008
Property
3.02
Juncos Plaza
   
23,000,000
 
11/21/2011
     
State Road PR-31, KM 24, Ceiba Norte Ward
Juncos
NAP
PR
00777
1999
Property
3.03
Manati Centro Plaza
   
20,300,000
 
11/21/2011
     
SE/c PR-149 & PR-2
Manati
NAP
PR
00674
2001
Property
3.04
University Plaza
   
9,500,000
 
11/21/2011
     
State Road PR-2, km 150.7
Mayaguez
NAP
PR
00682
1999
Loan
4
Hartman Portfolio (22)
5
1
90,200,000
 
Various
62.7%
56.5%
 
Various
Various
Various
TX
Various
Various
Property
4.01
Westheimer Central Plaza
   
14,750,000
 
07/06/2011
     
11200 Westheimer Road
Houston
Harris
TX
77042
1982
Property
4.02
The Preserve
   
10,000,000
 
05/04/2011
     
2000-2060 North Loop Freeway West
Houston
Harris
TX
77018
1970
Property
4.03
North Central Plaza
   
13,000,000
 
06/27/2011
     
12655 North Central Expressway
Dallas
Dallas
TX
75243
1982
Property
4.04
Walzem Plaza
   
11,560,000
 
05/03/2011
     
5332-5493 Walzem Road
San Antonio
Bexar
TX
78218
1981
Property
4.05
3100 Timmons Lane
   
10,750,000
 
07/14/2011
     
3100 Timmons Lane
Houston
Harris
TX
77027
1975
Property
4.06
One Mason Plaza
   
6,900,000
 
07/05/2011
     
811 South Mason Road
Katy
Harris
TX
77450
1983
Property
4.07
Northbelt Atrium I
   
3,350,000
 
06/21/2011
     
15311 Vantage Parkway West
Houston
Harris
TX
77032
1980
Property
4.08
Park Central
   
6,000,000
 
06/27/2011
     
7616 LBJ Freeway
Dallas
Dallas
TX
75251
1974
Property
4.09
Northbelt Atrium II
   
2,800,000
 
06/21/2011
     
15355 Vantage Parkway West
Houston
Harris
TX
77032
1983
Property
4.10
11811 North Freeway
   
4,500,000
 
06/21/2011
     
11811 North Freeway
Houston
Harris
TX
77060
1982
Property
4.11
Tower Pavilion
   
3,550,000
 
06/30/2011
     
2909 Hillcroft Avenue
Houston
Harris
TX
77057
1981
Property
4.12
Central Park Business Center
   
3,040,000
 
06/01/2011
     
1900 Firman Drive and 1901 North Glenville Drive
Richardson
Dallas
TX
75081
1984
Loan
5
180 Peachtree Street
0
6
95,000,000
 
11/18/2011
57.8%
49.0%
 
180 Peachtree Street Northwest and 150 Carnegie Way Northwest
Atlanta
Fulton
GA
30303
1927
Loan
6
Hampshire Multifamily Portfolio
0
6
83,090,000
 
Various
65.9%
56.3%
 
Various
Indianapolis
Marion
IN
Various
Various
Property
6.01
Westlake Apartments
   
45,100,000
 
10/07/2011
     
6000 Westlake Drive
Indianapolis
Marion
IN
46224
1967-1976
Property
6.02
Woods Edge Apartments
   
10,490,000
 
10/07/2011
     
6401 Woods Edge North Drive
Indianapolis
Marion
IN
46250
1981
Property
6.03
Wind Drift Apartments
   
7,870,000
 
10/11/2011
     
3833 Wind Drift Drive
Indianapolis
Marion
IN
46254
1979
Property
6.04
Riverwood Apartments
   
8,030,000
 
10/07/2011
     
5830 Riverwood Drive
Indianapolis
Marion
IN
46250
1977
Property
6.05
Spyglass Apartments
   
6,800,000
 
10/07/2011
     
8320 Spyglass Drive
Indianapolis
Marion
IN
46260
1979
Property
6.06
Villa Nova Apartments
   
4,800,000
 
10/07/2011
     
8760 LeMode Court
Indianapolis
Marion
IN
46268
1972
Loan
7
Alamance Crossing
5
1
72,670,000
 
04/20/2011
69.4%
59.1%
 
1080 Piper Lane
Burlington
Alamance
NC
27215
2006
Loan
8
Brea Plaza Shopping Center
0
6
66,000,000
 
12/07/2011
65.8%
56.4%
 
835 East Imperial Highway and 1647 East Imperial Highway
Brea
Orange
CA
92821
1976
Loan
9
Rio Apartments
0
6
27,700,000
 
11/10/2011
65.4%
61.6%
 
8801-8871 Fontainebleau Boulevard
Miami
Miami-Dade
FL
33172
1971
Loan
10
Treetop Apartments
0
6
25,000,000
 
11/10/2011
65.4%
61.6%
 
8532 SW 107th Avenue
Miami
Miami-Dade
FL
33173
1974
Loan
11
Piatt Place (23)
0
6
45,100,000
 
04/01/2012
74.3%
65.1%
 
301 Fifth Avenue
Pittsburgh
Allegheny
PA
15222
1998
Loan
12
Susquehanna Valley Mall
0
6
43,000,000
 
10/08/2011
64.9%
55.4%
 
1 Susquehanna Valley Mall Drive
Selinsgrove
Snyder
PA
17870
1977
Loan
13
Vernola Marketplace
0
6
43,800,000
 
06/25/2011
53.8%
44.7%
 
6205-6477 Pats Ranch Road
Mira Loma
Riverside
CA
91752
2007
Loan
14
GRM Portfolio
0
6
30,440,000
 
Various
65.6%
50.9%
 
Various
Various
Various
Various
Various
Various
Property
14.01
10310 Harwin Drive
   
16,140,000
 
11/14/2011
     
10310 Harwin Drive
Houston
Harris
TX
77036
1971
Property
14.02
Chicago Building
   
14,300,000
 
11/11/2011
     
7123 West 65th Street
Bedford Park
Cook
IL
60638
2005
Loan
15
Evergreen Portfolio
0
6
25,400,000
 
10/11/2011
66.8%
55.0%
 
Various
Various
Various
Various
Various
Various
Property
15.01
Yorktowne MHP
   
17,700,000
 
10/11/2011
     
7260 Fields Ertel Road
Sharonville
Butler & Warren
OH
45241
1970
Property
15.02
Pondarosa MHP
   
4,300,000
 
10/11/2011
     
3559 Cossell Road
Indianapolis
Marion
IN
46222
1965
Property
15.03
Vance MHP
   
3,400,000
 
10/11/2011
     
1639 Marion-Waldo Road
Marion
Marion
OH
43302
1970
Loan
16
Healdsburg Hotel
0
6
25,500,000
 
04/13/2011
66.2%
62.7%
 
25 Matheson Street
Healdsburg
Sonoma
CA
95448
2001
Loan
17
Montebello Town Square
0
6
51,190,000
 
01/04/2012
31.2%
25.7%
 
1445 North Montebello Boulevard
Montebello
Los Angeles
CA
90640
1992
Loan
18
Plaza del Sol
0
6
23,850,000
 
12/01/2011
66.0%
56.2%
 
2205 Veterans Boulevard
Del Rio
Val Verde
TX
78840
1977
Loan
19
Holiday Village
0
6
31,000,000
 
10/25/2011
49.9%
42.2%
 
701 South Dobson Road
Mesa
Maricopa
AZ
85202
1963
Loan
20
Bear Creek Plaza
0
6
22,700,000
 
11/02/2011
67.8%
57.1%
 
830-1140 Biddle Road
Medford
Jackson
OR
97504
1977
Loan
21
BB&T Headquarters Building (21)
0
6
34,800,000
 
11/09/2011
44.0%
37.2%
 
200 West Second Street
Winston-Salem
Forsyth
NC
27101
1987
Loan
22
Rancho Penasquitos Towne Center I
0
6
22,400,000
 
07/06/2011
64.1%
53.1%
 
13205-13297 Black Mountain Road and 9335 Paseo Montalban
San Diego
San Diego
CA
92129
1987-1990
Loan
23
Johnstown Galleria - Ground Lease
0
6
20,790,000
 
06/18/2011
65.2%
65.2%
 
500 Galleria Drive
Johnstown
Cambria
PA
15904
NAP
Loan
24
Rancho Penasquitos Towne Center II
0
6
19,400,000
 
07/06/2011
56.8%
47.1%
 
13161-13181 Black Mountain Road and 13173-13181 Twin Trails Drive
San Diego
San Diego
CA
92129
1987-1990
Loan
25
Southwood Manor MHC
0
6
15,500,000
 
06/03/2011
71.0%
60.9%
 
9499 Brayton Drive
Anchorage
Anchorage
AK
99507
1976,1978
Loan
26
BJ's Wholesale Pittsfield
0
6
14,700,000
 
01/02/2012
74.8%
74.8%
 
495 Hubbard Avenue
Pittsfield
Berkshire
MA
01201
2011
Loan
27
Penland Park MHC
0
6
15,400,000
 
06/03/2011
71.1%
61.0%
 
801 Airport Heights Drive
Anchorage
Anchorage
AK
99508
1975
Loan
28
Eagle Crest MHC
0
6
17,500,000
 
10/10/2011
61.3%
52.2%
 
3629 Big Tree Road
Hamburg
Erie
NY
14075
1988
Loan
29
Fingerlakes Crossing Shopping Center
0
6
16,700,000
 
05/19/2011
62.5%
58.8%
 
1634 Clark Street Road
Aurelius
Cayuga
NY
13021
2006-2008
Loan
30
Hickory Glen Apartments
0
6
12,900,000
 
12/02/2011
69.7%
58.5%
 
1700 West Washington Street
Springfield
Sangamon
IL
62702
1987
Loan
31
Comfort Inn JFK at Ozone Park
0
6
15,100,000
 
12/07/2011
59.5%
46.2%
 
137-30 Redding Street
Ozone Park
Queens
NY
11417
2009
Loan
32
Staybridge Suites SeaWorld
0
6
15,000,000
 
05/19/2011
59.6%
52.3%
 
10919 Town Center Drive
San Antonio
Bexar
TX
78251
2009
Loan
33
Boulevard Estates MHC
0
6
11,100,000
 
10/06/2011
72.8%
62.6%
 
2266 Gulf to Bay Boulevard
Clearwater
Pinellas
FL
33765
1965
Loan
34
Northcross & Victoria
0
6
12,500,000
 
12/05/2011
61.5%
51.8%
 
5201, 5209-5223, 5303-5319, 5301 and 5106 North Navarro Street
Victoria
Victoria
TX
77904
1977 (Victoria); 1978 and 1992 (Northcross)
Loan
35
Hampton Inn & Suites
0
6
11,500,000
 
11/14/2011
66.8%
52.5%
 
6124 West Calhoun Drive
Alexandria
Rapides
LA
71303
2008
Loan
36
Westchester I Office
0
6
10,600,000
 
12/01/2011
71.9%
60.8%
 
15871 City View Drive
Midlothian
Chesterfield
VA
23113
2008
Loan
37
Marina Towers
0
6
11,000,000
 
06/16/2011
68.3%
64.3%
 
709 South Harbor City Boulevard
Melbourne
Brevard
FL
32901
1994
Loan
38
Spalding Building
0
6
11,800,000
 
08/12/2011
63.4%
53.8%
 
319 SW Washington Street
Portland
Multnomah
OR
97204
1912
Loan
39
Addison Place North
0
6
10,000,000
 
05/27/2011
69.5%
58.3%
 
16850 Jog Road
Delray Beach
Palm Beach
FL
33446
2001
Loan
40
Hotel Provincial
5
1
13,000,000
 
06/23/2011
53.4%
41.4%
 
1024 Rue Chartres
New Orleans
Orleans
LA
70116
1877, 1961
Loan
41
Alrig Portfolio
0
6
9,895,000
 
12/14/2011
68.7%
57.9%
 
Various
Various
Various
MI
Various
Various
Property
41.01
Bloomfield Office Pavilion
   
4,630,000
 
12/14/2011
     
2550 South Telegraph Road
Bloomfield Township
Oakland
MI
48302
1978
Property
41.02
Willow Office Center
   
3,125,000
 
12/14/2011
     
525 East Big Beaver Road
Troy
Oakland
MI
48083
2000
Property
41.03
Cady Office Centre
   
2,140,000
 
12/14/2011
     
105 East Cady Street
Northville
Wayne
MI
48167
1998
Loan
42
Wood Forest Apartments
0
6
9,850,000
 
06/30/2011
68.8%
53.5%
 
2614 North University Drive
Nacogdoches
Nacogdoches
TX
75965
1974
Loan
43
Fox Hunt Apartments
0
6
6,975,000
 
07/11/2011
58.1%
54.3%
 
2095 Valley Greene Drive
Dayton
Montgomery
OH
45440
1978

 
 
A-1-3

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
Net
 
Loan per Net
                   
       
Rentable Area
Units
Rentable Area
                   
     
Year
(SF/Units
of
(SF/Units/
 
Prepayment Provisions
Trailing 12 Operating
Trailing 12
Trailing 12
Trailing 12
2010 Operating
2010
2010
2010
Property Flag
ID
Property Name
Renovated
Rooms/Pads) (11)
Measure
Rooms/Pads)($)(11)
 
(# of payments) (12)
Statements Date
EGI($)
Expenses($)
NOI($)
Statements Date
EGI($)
Expenses($)
NOI($)
Loan
1
Square One Mall
1994, 2001
541,128
Sq. Ft.
184
 
L(26), D(90), O(4)
T-12 10/31/2011
22,545,313
8,335,874
14,209,439
12/31/2010
22,362,687
8,189,777
14,172,910
Loan
2
Union Square Retail
NAP
236,215
Sq. Ft.
318
 
L(30), D(86), O(4)
YTD 11/30/2011 Ann.
25,706,810
6,821,294
18,885,516
12/31/2010
17,757,995
8,552,565
9,205,430
Loan
3
Puerto Rico Retail Portfolio (21)
NAP
554,490
Sq. Ft.
104
 
L(24), D(93), O(3)
T-12 10/31/2011
9,431,669
2,952,747
6,478,922
12/31/2010
8,893,270
2,745,030
6,148,240
Property
3.01
Plaza Los Prados
NAP
163,532
Sq. Ft.
139
   
T-12 10/31/2011
2,894,465
903,567
1,990,898
12/31/2010
2,582,839
869,166
1,713,673
Property
3.02
Juncos Plaza
NAP
208,080
Sq. Ft.
68
   
T-12 10/31/2011
2,565,948
855,466
1,710,482
12/31/2010
2,460,254
800,384
1,659,870
Property
3.03
Manati Centro Plaza
NAP
117,872
Sq. Ft.
117
   
T-12 10/31/2011
2,732,153
786,394
1,945,759
12/31/2010
2,624,361
700,338
1,924,023
Property
3.04
University Plaza
NAP
65,006
Sq. Ft.
108
   
T-12 10/31/2011
1,239,103
407,320
831,783
12/31/2010
1,225,816
375,142
850,674
Loan
4
Hartman Portfolio (22)
Various
1,638,830
Sq. Ft.
34
 
YM1(117), O(3)
T-12 10/31/2011
18,549,086
10,793,447
7,755,639
12/31/2010
19,938,515
11,114,270
8,824,245
Property
4.01
Westheimer Central Plaza
NAP
182,506
Sq. Ft.
51
   
T-12 10/31/2011
2,649,847
1,488,449
1,161,398
12/31/2010
3,336,882
1,353,256
1,983,627
Property
4.02
The Preserve
NAP
218,689
Sq. Ft.
31
   
T-12 10/31/2011
2,377,148
1,379,918
997,230
12/31/2010
2,154,378
1,407,046
747,332
Property
4.03
North Central Plaza
NAP
198,374
Sq. Ft.
31
   
T-12 10/31/2011
2,954,631
1,586,717
1,367,914
12/31/2010
2,312,388
1,547,095
765,294
Property
4.04
Walzem Plaza
NAP
182,713
Sq. Ft.
32
   
T-12 10/31/2011
1,530,626
593,306
937,320
12/31/2010
1,390,587
662,366
728,221
Property
4.05
3100 Timmons Lane
2000
111,265
Sq. Ft.
41
   
T-12 10/31/2011
1,948,242
942,350
1,005,892
12/31/2010
1,811,668
941,530
870,138
Property
4.06
One Mason Plaza
NAP
75,183
Sq. Ft.
58
   
T-12 10/31/2011
1,039,256
364,136
675,120
12/31/2010
995,475
406,080
589,396
Property
4.07
Northbelt Atrium I
NAP
118,461
Sq. Ft.
36
   
T-12 10/31/2011
1,110,288
754,075
356,213
12/31/2010
1,492,099
869,259
622,840
Property
4.08
Park Central
NAP
127,913
Sq. Ft.
30
   
T-12 10/31/2011
1,734,326
1,099,339
634,987
12/31/2010
1,575,021
1,056,940
518,081
Property
4.09
Northbelt Atrium II
NAP
106,677
Sq. Ft.
34
   
T-12 10/31/2011
580,071
676,559
-96,488
12/31/2010
1,531,441
848,521
682,920
Property
4.10
11811 North Freeway
2000
156,361
Sq. Ft.
22
   
T-12 10/31/2011
1,138,651
915,417
223,234
12/31/2010
1,877,503
1,088,302
789,202
Property
4.11
Tower Pavilion
NAP
87,589
Sq. Ft.
27
   
T-12 10/31/2011
1,062,737
776,979
285,758
12/31/2010
1,108,704
723,602
385,102
Property
4.12
Central Park Business Center
NAP
73,099
Sq. Ft.
24
   
T-12 10/31/2011
423,263
216,202
207,061
12/31/2010
352,367
210,275
142,092
Loan
5
180 Peachtree Street
2000
350,267
Sq. Ft.
157
 
L(26), D(89), O(5)
T-12 8/31/2011
11,973,814
4,609,778
7,364,036
12/31/2010
11,232,296
4,130,087
7,102,209
Loan
6
Hampshire Multifamily Portfolio
Various
2,103
Units
26,055
 
L(28), D(88), O(4)
T-12 9/30/2011
13,892,248
7,512,594
6,379,655
12/31/2010
13,412,958
7,287,406
6,125,553
Property
6.01
Westlake Apartments
2009-2011
1,381
Units
23,103
   
T-12 9/30/2011
8,210,290
4,412,511
3,797,780
12/31/2010
7,735,712
4,340,605
3,395,107
Property
6.02
Woods Edge Apartments
NAP
190
Units
38,593
   
T-12 9/30/2011
1,479,026
689,756
789,271
12/31/2010
1,453,886
665,861
788,025
Property
6.03
Wind Drift Apartments
NAP
166
Units
33,078
   
T-12 9/30/2011
1,259,185
636,008
623,178
12/31/2010
1,229,841
624,285
605,556
Property
6.04
Riverwood Apartments
NAP
120
Units
34,131
   
T-12 9/30/2011
1,086,477
624,540
461,937
12/31/2010
1,108,575
569,759
538,816
Property
6.05
Spyglass Apartments
2009-2010
120
Units
31,634
   
T-12 9/30/2011
991,949
556,025
435,925
12/31/2010
1,022,028
536,572
485,457
Property
6.06
Villa Nova Apartments
NAP
126
Units
17,242
   
T-12 9/30/2011
865,320
593,755
271,565
12/31/2010
862,915
550,324
312,592
Loan
7
Alamance Crossing
2008
456,989
Sq. Ft.
110
 
L(31), D(83), O(5)
T-12 11/30/2011
7,824,397
1,851,582
5,972,814
12/31/2010
7,756,157
1,767,850
5,988,307
Loan
8
Brea Plaza Shopping Center
1993-1994, 2008-2011
165,337
Sq. Ft.
263
 
L(25), D(91), O(4)
T-12 10/31/2011
4,127,060
1,009,868
3,117,192
       
Loan
9
Rio Apartments
NAP
294
Units
62,857
 
YM1(59), O(1)
T-12 11/30/2011
3,414,261
1,004,434
2,409,827
12/31/2010
3,350,612
1,299,947
2,050,664
Loan
10
Treetop Apartments
NAP
263
Units
60,771
 
YM1(59), O(1)
T-12 11/30/2011
2,901,257
850,056
2,051,201
12/31/2010
2,749,860
1,304,298
1,445,562
Loan
11
Piatt Place (23)
2006-2007
222,155
Sq. Ft.
151
 
L(24), YM1(89), O(7)
T-12 10/31/2011
4,393,584
2,225,659
2,167,925
T-12 10/31/2010
3,185,724
1,905,174
1,280,550
Loan
12
Susquehanna Valley Mall
1998
628,063
Sq. Ft.
44
 
L(26), D(90), O(4)
T-12 8/31/2011
7,630,478
3,498,397
4,132,081
12/31/2010
7,546,097
3,503,698
4,042,399
Loan
13
Vernola Marketplace
NAP
210,963
Sq. Ft.
112
 
L(11), YM1(105), O(4)
YTD 10/31/2011 Ann.
4,725,494
1,708,201
3,017,293
12/31/2010
4,526,415
1,330,547
3,195,868
Loan
14
GRM Portfolio
Various
607,633
Sq. Ft.
33
 
L(25), D(91), O(4)
               
Property
14.01
10310 Harwin Drive
2009
311,486
Sq. Ft.
34
                   
Property
14.02
Chicago Building
NAP
296,147
Sq. Ft.
32
                   
Loan
15
Evergreen Portfolio
NAP
595
Pads
28,513
 
L(27), D(90), O(3)
T-12 9/30/2011
2,843,633
1,067,261
1,776,372
12/31/2010
2,769,185
1,066,756
1,702,429
Property
15.01
Yorktowne MHP
NAP
354
Pads
34,930
   
T-12 9/30/2011
1,813,328
597,526
1,215,802
12/31/2010
1,748,565
588,412
1,160,153
Property
15.02
Pondarosa MHP
NAP
146
Pads
16,820
   
T-12 9/30/2011
604,048
293,162
310,886
12/31/2010
594,541
296,542
297,999
Property
15.03
Vance MHP
NAP
95
Pads
22,568
   
T-12 9/30/2011
426,257
176,573
249,684
12/31/2010
426,079
181,802
244,277
Loan
16
Healdsburg Hotel
NAP
55
Rooms
306,970
 
L(32), D(24), O(4)
T-12 10/31/2011
10,203,179
7,997,064
2,206,115
12/31/2010
9,994,992
7,815,799
2,179,193
Loan
17
Montebello Town Square
NAP
251,489
Sq. Ft.
64
 
L(25), D(91), O(4)
12/31/2011
4,324,970
985,313
3,339,657
12/31/2010
4,246,088
1,044,987
3,201,101
Loan
18
Plaza del Sol
NAP
260,538
Sq. Ft.
60
 
L(25), D(91), O(4)
T-12 10/31/2011
2,719,482
1,145,488
1,573,994
12/31/2010
2,574,249
1,204,805
1,369,444
Loan
19
Holiday Village
NAP
495
Pads
31,221
 
L(27), D(90), O(3)
T-12 10/31/2011
3,055,785
1,121,716
1,934,069
12/31/2010
2,977,104
1,096,468
1,880,636
Loan
20
Bear Creek Plaza
2010
189,953
Sq. Ft.
81
 
L(25), D(91), O(4)
T-12 11/30/2011
2,100,276
499,738
1,600,538
12/31/2010
2,019,324
467,670
1,551,654
Loan
21
BB&T Headquarters Building (21)
2001-2003
239,854
Sq. Ft.
64
 
L(26), YM1(90), O(4)
YTD 9/30/2011 Ann.
3,933,431
1,691,761
2,241,670
12/31/2010
4,644,944
1,724,553
2,920,391
Loan
22
Rancho Penasquitos Towne Center I
NAP
57,411
Sq. Ft.
250
 
L(30), D(86), O(4)
YTD 9/30/2011 Ann.
2,100,296
537,871
1,562,425
12/31/2010
2,179,178
633,455
1,545,723
Loan
23
Johnstown Galleria - Ground Lease
NAP
46
Acres
NAP
 
L(31), D(86), O(3)
       
12/31/2010
1,373,328
 
1,373,328
Loan
24
Rancho Penasquitos Towne Center II
NAP
59,414
Sq. Ft.
186
 
L(30), D(86), O(4)
YTD 9/30/2011 Ann.
1,738,307
583,704
1,154,603
12/31/2010
1,822,838
629,316
1,193,522
Loan
25
Southwood Manor MHC
NAP
417
Pads
26,381
 
L(29), D(88), O(3)
T-12 6/30/2011
2,131,379
1,010,500
1,120,878
12/31/2010
2,096,819
990,999
1,105,820
Loan
26
BJ's Wholesale Pittsfield
NAP
85,188
Sq. Ft.
129
 
YM(24), DorYM(92), O(4)
               
Loan
27
Penland Park MHC
NAP
389
Pads
28,152
 
L(29), D(88), O(3)
T-12 6/30/2011
1,848,140
660,824
1,187,315
12/31/2010
1,811,949
658,061
1,153,888
Loan
28
Eagle Crest MHC
NAP
273
Pads
39,267
 
L(27), D(90), O(3)
T-12 10/31/2011
1,755,250
635,795
1,119,455
12/31/2010
1,712,823
629,442
1,083,381
Loan
29
Fingerlakes Crossing Shopping Center
NAP
252,822
Sq. Ft.
41
 
L(30), D(27), O(3)
T-12 3/31/2011
1,629,081
511,851
1,117,230
12/31/2010
1,632,693
511,995
1,120,698
Loan
30
Hickory Glen Apartments
2006-2010
129
Units
69,682
 
L(25), D(92), O(3)
T-12 10/31/2011
2,670,046
1,634,681
1,035,365
12/31/2010
2,779,675
1,602,455
1,177,220
Loan
31
Comfort Inn JFK at Ozone Park
NAP
75
Rooms
119,808
 
L(25), D(91), O(4)
12/31/2011
2,596,478
1,156,785
1,439,692
12/31/2010
2,259,335
1,035,655
1,223,680
Loan
32
Staybridge Suites SeaWorld
NAP
98
Rooms
91,154
 
L(30), D(51), O(3)
12/31/2011
2,805,390
1,801,024
1,004,366
12/31/2010
2,555,497
1,550,935
1,004,562
Loan
33
Boulevard Estates MHC
NAP
287
Pads
28,149
 
L(27), D(90), O(3)
T-12 9/30/2011
1,419,164
727,248
691,916
12/31/2010
1,402,851
720,872
681,979
Loan
34
Northcross & Victoria
NAP
204,091
Sq. Ft.
38
 
L(26), D(90), O(4)
T-12 11/30/2011
1,574,660
446,751
1,127,909
12/31/2010
1,403,473
581,136
822,336
Loan
35
Hampton Inn & Suites
NAP
106
Rooms
72,444
 
L(26), D(91), O(3)
T-12 9/30/2011
3,050,707
1,618,757
1,431,950
12/31/2010
3,036,460
1,597,710
1,438,750
Loan
36
Westchester I Office
NAP
57,135
Sq. Ft.
133
 
L(26), D(91), O(3)
T-12 7/31/2011
1,071,208
313,518
757,690
12/31/2010
1,056,135
309,478
746,657
Loan
37
Marina Towers
NAP
68,090
Sq. Ft.
110
 
L(30), D(27), O(3)
YTD 11/30/2011 Ann.
1,403,269
430,073
973,196
12/31/2010
1,266,947
445,889
821,058
Loan
38
Spalding Building
2009-2011
91,060
Sq. Ft.
82
 
L(27), D(89), O(4)
T-12 7/31/2011
1,400,742
674,820
725,921
12/31/2010
1,364,633
633,612
731,021
Loan
39
Addison Place North
NAP
24,000
Sq. Ft.
290
 
L(35), D(80), O(5)
12/31/2011
956,634
278,484
678,150
12/31/2010
1,086,883
270,880
816,003
Loan
40
Hotel Provincial
1968-1972, 2002
92
Rooms
75,421
 
L(30), D(86), O(4)
T-12 11/30/2011
3,856,249
2,535,062
1,321,187
12/31/2010
3,539,032
2,436,891
1,102,141
Loan
41
Alrig Portfolio
NAP
119,817
Sq. Ft.
57
 
L(24), YM1(93), O(3)
12/31/2011
1,067,475
848,745
218,730
       
Property
41.01
Bloomfield Office Pavilion
NAP
60,836
Sq. Ft.
56
   
12/31/2011
500,662
361,446
139,216
       
Property
41.02
Willow Office Center
NAP
37,167
Sq. Ft.
59
   
12/31/2011
379,648
213,494
166,154
       
Property
41.03
Cady Office Centre
NAP
21,814
Sq. Ft.
55
   
12/31/2011
187,164
273,804
-86,640
       
Loan
42
Wood Forest Apartments
2007-2011
152
Units
44,607
 
L(26), D(90), O(4)
T-12 11/30/2011
1,693,372
856,717
836,655
12/31/2010
1,686,449
906,145
780,304
Loan
43
Fox Hunt Apartments
NAP
250
Units
16,198
 
L(30), D(26), O(4)
T-12 6/30/2011
1,555,425
961,842
593,583
12/31/2010
1,461,162
808,567
652,595

 
 
A-1-4

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                       
                                       
     
2009 Operating
2009
2009
2009
Underwritten NOI
Underwritten NCF
 Underwritten
 Underwritten
 Underwritten
 Underwritten
 Underwritten
Underwritten
Underwritten
 
Ownership
 
Ground Lease
Property Flag
ID
Property Name
Statements Date
EGI($)
Expenses($)
NOI($)
Debt Yield (9)
Debt Yield (9)
 Revenue($)
 EGI($)
 Expenses($)
 NOI($)
 Reserves($)
TI/LC($)
NCF($)
 
Interest (11)(13)
 
 Expiration (13)
Loan
1
Square One Mall
12/31/2009
23,643,017
8,621,734
15,021,283
13.2%
12.5%
14,756,595
21,233,180
8,091,611
13,141,569
182,506
439,808
12,519,255
 
Fee Simple
   
Loan
2
Union Square Retail
12/31/2009
11,712,897
8,378,377
3,334,520
21.5%
20.4%
21,599,322
25,058,213
8,967,917
16,090,296
47,243
749,526
15,293,527
 
Leasehold
 
12/31/2095
Loan
3
Puerto Rico Retail Portfolio (21)
12/31/2009
9,167,003
2,677,040
6,489,963
12.0%
11.3%
8,384,294
10,038,706
3,116,456
6,922,251
166,347
241,081
6,514,823
 
Fee Simple
   
Property
3.01
Plaza Los Prados
12/31/2009
2,620,088
809,788
1,810,300
   
3,041,260
3,573,092
975,393
2,597,700
49,060
71,100
2,477,540
 
Fee Simple
   
Property
3.02
Juncos Plaza
12/31/2009
2,728,222
814,171
1,914,051
   
2,443,064
2,614,279
912,867
1,701,412
62,424
90,469
1,548,519
 
Fee Simple
   
Property
3.03
Manati Centro Plaza
12/31/2009
2,612,176
686,560
1,925,616
   
1,974,274
2,560,971
800,464
1,760,507
35,362
51,248
1,673,897
 
Fee Simple
   
Property
3.04
University Plaza
12/31/2009
1,206,517
366,521
839,996
   
925,696
1,290,364
427,732
862,632
19,502
28,263
814,867
 
Fee Simple
   
Loan
4
Hartman Portfolio (22)
12/31/2009
21,041,517
12,206,681
8,834,836
12.5%
10.3%
24,165,962
18,117,011
11,042,844
7,074,166
327,766
904,455
5,841,945
 
Fee Simple
   
Property
4.01
Westheimer Central Plaza
12/31/2009
3,222,807
1,592,789
1,630,019
   
3,526,278
2,560,351
1,571,364
988,987
36,501
135,717
816,768
 
Fee Simple
   
Property
4.02
The Preserve
12/31/2009
2,325,474
1,914,916
410,558
   
3,041,991
2,404,095
1,437,932
966,163
43,738
126,934
795,492
 
Fee Simple
   
Property
4.03
North Central Plaza
12/31/2009
2,640,581
1,440,361
1,200,221
   
3,410,112
2,771,049
1,567,246
1,203,803
39,675
122,782
1,041,346
 
Fee Simple
   
Property
4.04
Walzem Plaza
12/31/2009
1,427,397
633,308
794,089
   
1,735,136
1,728,638
652,742
1,075,896
36,543
89,634
949,720
 
Fee Simple
   
Property
4.05
3100 Timmons Lane
12/31/2009
1,821,098
984,063
837,035
   
2,062,196
1,991,020
923,750
1,067,271
22,253
113,324
931,693
 
Fee Simple
   
Property
4.06
One Mason Plaza
12/31/2009
921,588
493,706
427,882
   
1,100,966
1,118,934
365,201
753,732
15,037
46,239
692,457
 
Fee Simple
   
Property
4.07
Northbelt Atrium I
12/31/2009
1,885,929
908,207
977,722
   
1,717,075
990,253
843,136
147,117
23,692
40,254
83,170
 
Fee Simple
   
Property
4.08
Park Central
12/31/2009
1,390,017
995,335
394,682
   
1,976,822
1,766,035
1,033,514
732,521
25,583
86,328
620,610
 
Fee Simple
   
Property
4.09
Northbelt Atrium II
12/31/2009
1,854,325
938,951
915,374
   
1,708,405
275,284
718,545
-443,261
21,335
11,869
-476,465
 
Fee Simple
   
Property
4.10
11811 North Freeway
12/31/2009
1,889,006
1,342,218
546,788
   
2,010,347
1,034,304
1,048,532
-14,228
31,272
51,233
-96,734
 
Fee Simple
   
Property
4.11
Tower Pavilion
12/31/2009
1,232,264
744,957
487,307
   
1,236,937
1,020,418
679,333
341,086
17,518
57,006
266,562
 
Fee Simple
   
Property
4.12
Central Park Business Center
12/31/2009
431,030
217,870
213,160
   
639,695
456,630
201,549
255,080
14,620
23,135
217,326
 
Fee Simple
   
Loan
5
180 Peachtree Street
12/31/2009
9,154,538
3,516,392
5,638,145
12.4%
11.6%
6,932,543
11,882,895
5,099,926
6,782,969
129,162
301,256
6,352,551
 
Fee Simple/Leasehold
 
12/31/2055
Loan
6
Hampshire Multifamily Portfolio
12/31/2009
13,084,777
7,121,623
5,963,154
10.9%
9.6%
13,982,318
13,890,410
7,893,009
5,997,401
710,990
 
5,286,411
 
Fee Simple
   
Property
6.01
Westlake Apartments
12/31/2009
7,787,288
4,299,518
3,487,770
   
8,231,376
8,208,882
4,699,802
3,509,080
430,872
 
3,078,208
 
Fee Simple
   
Property
6.02
Woods Edge Apartments
12/31/2009
1,359,932
668,991
690,942
   
1,483,836
1,478,843
709,830
769,013
61,560
 
707,453
 
Fee Simple
   
Property
6.03
Wind Drift Apartments
12/31/2009
1,181,430
577,430
604,000
   
1,270,500
1,259,092
657,784
601,308
71,546
 
529,762
 
Fee Simple
   
Property
6.04
Riverwood Apartments
12/31/2009
1,022,009
551,682
470,327
   
1,136,076
1,086,448
641,017
445,431
50,280
 
395,151
 
Fee Simple
   
Property
6.05
Spyglass Apartments
12/31/2009
934,429
488,307
446,122
   
1,014,811
991,878
574,516
417,362
51,120
 
366,242
 
Fee Simple
   
Property
6.06
Villa Nova Apartments
12/31/2009
799,689
535,695
263,994
   
845,720
865,268
610,060
255,209
45,612
 
209,597
 
Fee Simple
   
Loan
7
Alamance Crossing
12/31/2009
7,561,761
1,878,099
5,683,662
10.2%
9.6%
7,224,709
7,315,718
2,146,443
5,169,275
91,398
220,527
4,857,350
 
Fee Simple
   
Loan
8
Brea Plaza Shopping Center
       
9.6%
9.1%
4,415,588
6,091,001
1,929,875
4,161,126
33,067
184,445
3,943,614
 
Fee Simple/Leasehold
 
10/31/2040
Loan
9
Rio Apartments
12/31/2009
3,319,080
1,281,123
2,037,957
11.5%
11.0%
3,726,876
3,614,032
1,477,948
2,136,084
102,900
 
2,033,184
 
Fee Simple
   
Loan
10
Treetop Apartments
12/31/2009
2,718,528
1,014,627
1,703,901
11.5%
11.0%
3,148,572
3,076,618
1,233,794
1,842,825
92,050
 
1,750,775
 
Fee Simple
   
Loan
11
Piatt Place (23)
T-12 10/31/2009
1,018,729
794,537
224,192
10.2%
9.9%
3,251,322
5,578,027
2,173,320
3,404,707
44,431
50,378
3,309,898
 
Fee Simple
   
Loan
12
Susquehanna Valley Mall
12/31/2009
8,070,990
3,519,216
4,551,774
15.8%
14.2%
6,360,779
8,046,610
3,648,135
4,398,476
226,103
207,555
3,964,818
 
Fee Simple
 
 
Loan
13
Vernola Marketplace
12/31/2009
5,077,051
1,448,827
3,628,225
13.0%
12.0%
4,491,379
4,859,119
1,790,296
3,068,823
52,741
179,141
2,836,941
 
Fee Simple
   
Loan
14
GRM Portfolio
       
11.9%
10.7%
2,816,055
3,886,526
1,501,677
2,384,849
91,145
151,394
2,142,310
 
Fee Simple
   
Property
14.01
10310 Harwin Drive
                           
Fee Simple
   
Property
14.02
Chicago Building
                           
Fee Simple
   
Loan
15
Evergreen Portfolio
12/31/2009
2,771,339
1,035,386
1,735,953
10.5%
10.3%
3,053,496
2,843,633
1,057,669
1,785,964
37,073
 
1,748,891
 
Fee Simple
   
Property
15.01
Yorktowne MHP
12/31/2009
1,806,001
588,187
1,217,814
   
2,004,420
1,813,328
590,372
1,222,956
20,178
 
1,202,778
 
Fee Simple
   
Property
15.02
Pondarosa MHP
12/31/2009
540,084
266,226
273,858
   
653,496
604,048
286,728
317,320
7,300
 
310,020
 
Fee Simple
   
Property
15.03
Vance MHP
12/31/2009
425,254
180,973
244,281
   
395,580
426,257
180,569
245,688
9,595
 
236,093
 
Fee Simple
   
Loan
16
Healdsburg Hotel
12/31/2009
9,385,952
7,754,235
1,631,717
13.4%
11.0%
4,816,544
10,203,179
7,941,264
2,261,915
408,127
 
1,853,788
 
Fee Simple
   
Loan
17
Montebello Town Square
12/31/2009
4,212,269
1,016,907
3,195,362
20.1%
19.1%
3,617,220
4,294,855
1,075,856
3,219,000
40,238
131,819
3,046,942
 
Fee Simple
   
Loan
18
Plaza del Sol
12/31/2009
2,555,639
1,176,693
1,378,946
11.9%
10.5%
2,442,474
3,000,784
1,126,746
1,874,038
81,764
135,797
1,656,476
 
Fee Simple
   
Loan
19
Holiday Village
12/31/2009
2,995,541
1,079,084
1,916,457
12.7%
12.6%
2,897,904
3,079,385
1,109,885
1,969,500
24,750
 
1,944,750
 
Fee Simple
   
Loan
20
Bear Creek Plaza
12/31/2009
1,922,507
451,748
1,470,759
10.8%
9.5%
1,807,354
2,181,952
525,002
1,656,950
27,870
175,255
1,453,825
 
Fee Simple
   
Loan
21
BB&T Headquarters Building (21)
12/31/2009
4,699,988
1,683,549
3,016,439
17.2%
16.2%
4,190,452
4,366,595
1,725,722
2,640,873
71,956
90,254
2,478,662
 
Fee Simple
   
Loan
22
Rancho Penasquitos Towne Center I
12/31/2009
2,216,216
525,844
1,690,372
11.3%
10.7%
1,853,896
2,255,600
639,271
1,616,330
14,353
60,583
1,541,393
 
Fee Simple
   
Loan
23
Johnstown Galleria - Ground Lease
12/31/2009
1,346,400
 
1,346,400
10.3%
10.3%
1,400,795
1,400,795
 
1,400,795
   
1,400,795
 
Fee Simple
   
Loan
24
Rancho Penasquitos Towne Center II
12/31/2009
1,958,779
620,977
1,337,802
12.1%
11.4%
1,640,989
1,965,455
633,459
1,331,996
14,854
55,520
1,261,622
 
Fee Simple
   
Loan
25
Southwood Manor MHC
12/31/2009
2,036,156
967,883
1,068,273
10.1%
9.9%
2,126,700
2,057,289
950,479
1,106,810
20,850
 
1,085,960
 
Fee Simple
   
Loan
26
BJ's Wholesale Pittsfield
       
9.3%
9.3%
1,064,850
1,043,553
16,817
1,026,736
8,519
 
1,018,218
 
Fee Simple
   
Loan
27
Penland Park MHC
12/31/2009
1,784,663
695,987
1,088,676
10.6%
10.4%
1,997,904
1,848,140
687,376
1,160,764
19,450
 
1,141,314
 
Fee Simple
   
Loan
28
Eagle Crest MHC
12/31/2009
1,662,559
624,659
1,037,900
9.8%
9.7%
1,746,540
1,720,713
670,180
1,050,533
13,650
 
1,036,883
 
Fee Simple
   
Loan
29
Fingerlakes Crossing Shopping Center
12/31/2009
1,741,025
483,678
1,257,347
10.3%
9.2%
1,302,582
1,602,625
532,221
1,070,404
20,181
93,383
956,841
 
Fee Simple
   
Loan
30
Hickory Glen Apartments
12/31/2009
2,926,730
1,611,471
1,315,259
10.8%
10.4%
2,898,000
2,680,984
1,706,597
974,387
38,700
 
935,687
 
Fee Simple
   
Loan
31
Comfort Inn JFK at Ozone Park
       
12.8%
11.7%
2,477,119
2,477,119
1,324,439
1,152,680
99,085
 
1,053,596
 
Fee Simple
   
Loan
32
Staybridge Suites SeaWorld
       
12.9%
11.6%
2,781,833
2,808,087
1,656,836
1,151,251
112,323
 
1,038,928
 
Fee Simple
   
Loan
33
Boulevard Estates MHC
12/31/2009
1,353,895
605,829
748,066
9.8%
9.6%
1,646,691
1,508,770
718,528
790,242
14,350
 
775,892
 
Fee Simple
   
Loan
34
Northcross & Victoria
12/31/2009
1,321,197
813,378
507,819
13.5%
11.6%
1,684,664
1,572,669
531,744
1,040,925
40,818
108,926
891,180
 
Fee Simple
   
Loan
35
Hampton Inn & Suites
12/31/2009
2,995,462
1,611,369
1,384,093
17.5%
15.9%
3,007,998
3,050,707
1,707,514
1,343,193
122,028
 
1,221,164
 
Fee Simple
   
Loan
36
Westchester I Office
12/31/2009
896,571
305,348
591,223
10.2%
9.3%
1,261,397
1,103,409
324,905
778,504
11,413
57,136
709,955
 
Fee Simple
   
Loan
37
Marina Towers
12/31/2009
1,033,919
460,369
573,550
10.7%
9.6%
1,388,936
1,273,720
469,204
804,516
19,065
64,612
720,839
 
Fee Simple
   
Loan
38
Spalding Building
12/31/2009
1,361,402
664,339
697,063
12.6%
10.5%
1,855,955
1,668,036
727,547
940,489
31,871
124,342
784,276
 
Fee Simple
   
Loan
39
Addison Place North
12/31/2009
1,048,359
265,830
782,529
10.8%
10.4%
874,410
1,047,438
297,794
749,644
6,000
24,000
719,644
 
Fee Simple
   
Loan
40
Hotel Provincial
12/31/2009
3,219,373
2,317,905
901,468
17.1%
14.9%
3,335,908
3,839,218
2,654,756
1,184,462
153,569
 
1,030,893
 
Fee Simple
   
Loan
41
Alrig Portfolio
       
12.4%
10.0%
1,826,001
1,702,290
859,183
843,107
37,171
124,520
681,415
 
Fee Simple
   
Property
41.01
Bloomfield Office Pavilion
           
910,030
840,567
394,670
445,897
21,901
63,224
360,772
 
Fee Simple
   
Property
41.02
Willow Office Center
           
578,958
524,099
258,240
265,859
10,035
38,626
217,198
 
Fee Simple
   
Property
41.03
Cady Office Centre
           
337,014
337,624
206,274
131,350
5,235
22,670
103,445
 
Fee Simple
   
Loan
42
Wood Forest Apartments
12/31/2009
1,329,607
723,006
606,601
11.7%
11.1%
1,461,960
1,693,372
900,947
792,425
38,000
 
754,425
 
Fee Simple
   
Loan
43
Fox Hunt Apartments
12/31/2009
1,305,238
830,711
474,527
14.0%
12.0%
1,642,390
1,539,101
971,916
567,185
81,000
 
486,185
 
Fee Simple
   

 
 
A-1-5

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

                           
                           
     
Ground Lease
   
Lease
   
Lease
     
Lease
Property Flag
ID
Property Name
 Extension Terms (13)
Largest Tenant (14)
SF
Expiration (16)
2nd Largest Tenant (14)(15)
SF (17)
Expiration (16)
3rd Largest Tenant (14)(15)
SF (17)
 
Expiration (16)
Loan
1
Square One Mall
 
Dick's Clothing & Sporting Goods
68,500
01/31/2023
Best Buy
60,000
02/28/2013
T.J. Maxx & More
58,075
 
01/31/2014
Loan
2
Union Square Retail
None
Regal Cinemas
118,779
04/30/2023
Best Buy
46,088
01/31/2025
Nordstrom Rack
32,136
 
05/31/2020
Loan
3
Puerto Rico Retail Portfolio (21)
                     
Property
3.01
Plaza Los Prados
 
Capri
35,114
07/31/2027
Selectos
32,081
03/31/2027
Walgreens
15,660
 
05/31/2036
Property
3.02
Juncos Plaza
 
Supermercado Amigo
30,046
11/30/2018
Capri
25,789
01/31/2015
National Lumber & Hardware
21,680
 
06/30/2014
Property
3.03
Manati Centro Plaza
 
Capri
30,000
10/31/2016
Marshall's
29,500
01/31/2017
Gatsby
14,512
 
03/31/2017
Property
3.04
University Plaza
 
PITUSA (Todo a Peso)
35,000
12/31/2019
Gatsby
13,248
02/28/2015
AT&T Mobility
3,473
 
10/31/2012
Loan
4
Hartman Portfolio (22)
                     
Property
4.01
Westheimer Central Plaza
 
F.E.S. Management
20,565
MTM
Lifestyles Unlimited, Inc.
13,750
11/30/2017
Triple Point Technology, Inc.
9,966
 
09/30/2014
Property
4.02
The Preserve
 
General Welding Works
9,932
02/28/2013
Pacific Industrial Contractor Screening
6,517
09/30/2015
The Reyna Group
6,450
 
08/31/2016
Property
4.03
North Central Plaza
 
Allied Interstate, Inc. d/b/a Iqor, Inc.
14,165
07/31/2014
Pyke & Pyke, P.C.
10,898
10/31/2012
Prosperity Bank
10,504
 
10/31/2012
Property
4.04
Walzem Plaza
 
Fallas Paredes / J & M Sales
25,000
07/31/2018
Harbor Freight Tools
18,125
01/31/2017
99 Cent Only Store
17,961
 
01/31/2017
Property
4.05
3100 Timmons Lane
 
The Methodist Hospital
9,835
07/31/2016
Techcess Solutions, Inc.
7,814
01/31/2015
RWS Architects, Inc.
7,374
 
03/31/2013
Property
4.06
One Mason Plaza
 
El Mene, Inc. d/b/a Einstein's Pub
7,220
01/31/2017
Katy Quilt N' Sew, Inc.
6,280
12/31/2013
Alsafa Imports, Inc.
5,000
 
05/31/2019
Property
4.07
Northbelt Atrium I
 
Harris County Sheriff's Department
27,303
06/30/2020
Tradenet Enterprise, Inc.
5,080
MTM
Alhlers & Stoll P.C.
3,660
 
11/30/2015
Property
4.08
Park Central
 
Alon USA Energy, Inc.
41,969
12/31/2012
Always Home Health Services, Inc.
6,596
08/31/2017
Saturn Learning Solutions
6,263
 
05/31/2012
Property
4.09
Northbelt Atrium II
 
Leschaco Inc.
7,882
08/31/2016
USA - General Services Administration
3,716
09/14/2016
Mothers Against Drunk Driving
3,044
 
02/28/2014
Property
4.10
11811 North Freeway
 
Meridian Business Centers SW Partners LP
17,300
11/30/2013
Wisco Inc.
10,021
03/31/2013
Naca Logistics
6,027
 
08/31/2016
Property
4.11
Tower Pavilion
 
Hartman Management
8,264
12/31/2020
Unity Church
8,166
05/31/2012
Busby & Associates
6,424
 
11/30/2015
Property
4.12
Central Park Business Center
 
Sipera Systems, Inc.
16,726
01/31/2017
Adolfson & Peterson
15,930
03/31/2013
USA Signal Technology, LLC
7,120
 
06/30/2013
Loan
5
180 Peachtree Street
1, 40 year option
Level 3 Communications
158,073
05/31/2021
Equinix
83,473
11/30/2023
City of Atlanta
54,485
 
06/30/2037
Loan
6
Hampshire Multifamily Portfolio
                     
Property
6.01
Westlake Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
6.02
Woods Edge Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
6.03
Wind Drift Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
6.04
Riverwood Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
6.05
Spyglass Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
6.06
Villa Nova Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
7
Alamance Crossing
 
Belk
96,485
10/16/2027
Hobby Lobby
52,500
05/31/2024
Carousel Cinemas
52,000
 
06/30/2028
Loan
8
Brea Plaza Shopping Center
2, 10 year option
Tristone Cinemas
18,450
07/31/2020
Total Wines
18,013
06/30/2020
DSW
17,450
 
08/31/2022
Loan
9
Rio Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
10
Treetop Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
11
Piatt Place (23)
 
Commonwealth of PA - Department of General Services
165,500
12/31/2029
University of Phoenix
15,182
12/31/2018
The Capital Grille
10,533
 
08/31/2017
Loan
12
Susquehanna Valley Mall
 
Boscov's Department Store
156,471
04/30/2023
Bon-Ton
90,000
01/31/2014
JCPenney
68,100
 
11/30/2015
Loan
13
Vernola Marketplace
 
Ross Stores
30,146
01/31/2018
Bed Bath & Beyond
29,984
01/31/2018
Michael's Stores
21,360
 
10/31/2017
Loan
14
GRM Portfolio
                     
Property
14.01
10310 Harwin Drive
 
GRM
173,095
01/31/2027
Iron Mountain
138,391
06/30/2016
NAP
NAP
 
NAP
Property
14.02
Chicago Building
 
GRM
296,147
01/31/2027
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
15
Evergreen Portfolio
                     
Property
15.01
Yorktowne MHP
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
15.02
Pondarosa MHP
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Property
15.03
Vance MHP
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
16
Healdsburg Hotel
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
17
Montebello Town Square
 
Sears
105,000
02/17/2017
Toys "R" Us
46,270
01/31/2018
AMC Theatres
39,263
 
11/30/2012
Loan
18
Plaza del Sol
 
JCPenney
57,463
08/31/2019
Bealls
36,258
03/31/2014
Ross Stores
30,307
 
01/31/2016
Loan
19
Holiday Village
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
20
Bear Creek Plaza
 
Bi-Mart
30,000
08/09/2017
T.J. Maxx
28,269
01/31/2022
Big Lots
25,570
 
01/31/2013
Loan
21
BB&T Headquarters Building (21)
 
BB&T
219,261
03/31/2023
Piedmont Club
13,762
03/31/2017
Chicago Title Insurance Company
4,212
 
09/30/2012
Loan
22
Rancho Penasquitos Towne Center I
 
JPMorgan Chase Bank
7,130
08/31/2021
Bank of America
4,000
05/31/2012
Cafe 56
3,925
 
10/31/2020
Loan
23
Johnstown Galleria - Ground Lease
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
24
Rancho Penasquitos Towne Center II
 
Kahoots
5,500
04/30/2017
Bertrand's Music Mart
5,500
01/31/2016
Union Bank
5,040
 
04/30/2021
Loan
25
Southwood Manor MHC
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
26
BJ's Wholesale Pittsfield
 
BJ's Wholesale Club, Inc.
85,188
10/29/2031
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
27
Penland Park MHC
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
28
Eagle Crest MHC
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
29
Fingerlakes Crossing Shopping Center
 
Home Depot
140,000
01/31/2037
Dick's Sporting Goods
45,000
01/31/2018
Famous Labels
20,311
 
05/01/2017
Loan
30
Hickory Glen Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
31
Comfort Inn JFK at Ozone Park
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
32
Staybridge Suites SeaWorld
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
33
Boulevard Estates MHC
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
34
Northcross & Victoria
 
Stimson & Son's, Inc. (d/b/a Ashley Furniture)
35,000
05/31/2019
J&M Sales of Texas, LLC (d/b/a Fallas)
30,000
03/27/2016
Office Depot
21,965
 
12/31/2015
Loan
35
Hampton Inn & Suites
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
36
Westchester I Office
 
Balzer & Associates
12,530
12/31/2021
Main Street Homes
10,929
12/31/2021
The Rebkee Company
8,178
 
12/31/2021
Loan
37
Marina Towers
 
Modus Operandi, Inc
14,533
03/31/2014
Gary M. Weiss, MD, P.A.
13,796
04/30/2017
Support Systems Associates, Inc.
13,248
 
09/01/2012
Loan
38
Spalding Building
 
Premier Source, LLC
13,321
11/30/2013
The Aldrich Law Office, PC
7,701
09/30/2013
Integral Consulting, Inc.
5,379
 
09/30/2013
Loan
39
Addison Place North
 
Henry's
4,900
12/22/2020
Twice Upon a Bagel
3,150
12/13/2020
Hair by Scott & Co.
3,150
 
12/13/2020
Loan
40
Hotel Provincial
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
41
Alrig Portfolio
                     
Property
41.01
Bloomfield Office Pavilion
 
Princeton Management, LLC
15,522
04/30/2016
Oakland Psychological Clinic
6,100
12/31/2013
Vision Specialists of Michigan, LLC
4,110
 
12/31/2018
Property
41.02
Willow Office Center
 
Syntel, Inc
6,430
08/31/2015
Loancraft, LLC
4,439
07/31/2016
Cornerstone Benefit Plans, Inc.
3,077
 
07/31/2017
Property
41.03
Cady Office Centre
 
CB Weir Manuel
8,884
01/31/2017
The Accounting Office
3,000
12/31/2018
Gregory Barber
2,728
 
01/31/2019
Loan
42
Wood Forest Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP
Loan
43
Fox Hunt Apartments
 
NAP
NAP
NAP
NAP
NAP
NAP
NAP
NAP
 
NAP

 
 
A-1-6

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

                           
                         
Upfront
         
Lease
   
Lease
   
Occupancy
 
Replacement
Property Flag
ID
Property Name
4th Largest Tenant
SF (17)
Expiration (16)
5th Largest Tenant (14)(15)
SF (17)
Expiration (16)
Occupancy (14)(15)(17)
 
As-of Date
 
Reserves($)
Loan
1
Square One Mall
Old Navy
18,800
05/31/2021
Gap
11,977
MTM
90.0%
 
12/01/2011
   
Loan
2
Union Square Retail
Duane Reade
13,947
09/30/2030
Citibank, N.A.
9,755
03/31/2020
100.0%
 
11/30/2011
   
Loan
3
Puerto Rico Retail Portfolio (21)
           
88.5%
 
01/05/2012
   
Property
3.01
Plaza Los Prados
Almancenes Colon
6,560
10/31/2015
Kress
5,000
05/31/2017
94.5%
 
01/05/2012
   
Property
3.02
Juncos Plaza
Pep Boys
19,674
12/31/2018
Atlantis Healthcare Group PR
7,080
09/30/2021
76.3%
 
01/05/2012
   
Property
3.03
Manati Centro Plaza
La Nueva Era
4,340
09/30/2015
Rent-A-Center
4,340
05/31/2017
95.3%
 
01/05/2012
   
Property
3.04
University Plaza
Rent-A-Center
2,909
02/28/2014
Claro
1,843
01/31/2017
100.0%
 
01/05/2012
   
Loan
4
Hartman Portfolio (22)
           
70.5%
 
11/14/2011
   
Property
4.01
Westheimer Central Plaza
Riverstone Resident Group
6,166
06/30/2012
CHK Directional Drilling
6,084
07/31/2012
71.2%
 
11/14/2011
   
Property
4.02
The Preserve
Direct Marketing Network, Inc.
6,339
04/30/2012
Dr. Gerald Maness
5,963
11/30/2016
78.3%
 
11/14/2011
   
Property
4.03
North Central Plaza
Vendere Partners Ltd.
9,441
10/31/2015
Muscular Dystrophy Association, Inc.
8,725
08/31/2015
75.7%
 
11/14/2011
   
Property
4.04
Walzem Plaza
Citi Trends, Inc.
12,000
03/31/2014
Javco / Firehouse Tavern
5,968
08/31/2015
79.9%
 
11/14/2011
   
Property
4.05
3100 Timmons Lane
Southwest Energy, LP
6,374
10/31/2015
K. Renee Salon
5,886
09/30/2016
94.6%
 
11/14/2011
   
Property
4.06
One Mason Plaza
Hao Cheng d/b/a Shaolin Martial Arts
4,251
01/15/2013
Cici's Pizza
4,201
03/31/2013
82.1%
 
11/14/2011
   
Property
4.07
Northbelt Atrium I
Select Medical Corp. / Healthsouth
3,644
06/30/2015
Pennsylvania Life Insurance Company
3,388
04/30/2014
57.5%
 
11/14/2011
   
Property
4.08
Park Central
Risk Management
5,874
08/31/2013
Nucor Vulcraft Group
4,745
06/30/2020
85.4%
 
11/14/2011
   
Property
4.09
Northbelt Atrium II
Air-Sea Forwarders, Inc.
2,485
08/31/2014
NAP
NAP
NAP
16.1%
 
11/14/2011
   
Property
4.10
11811 North Freeway
American Realty Inv./Fidinam Inv.
4,855
06/30/2016
Radiology Facilities Co.
3,567
04/30/2015
50.9%
 
11/14/2011
   
Property
4.11
Tower Pavilion
Insurepointe of Texas, Inc.
5,727
06/30/2014
Best Dental Care, Inc.
3,279
02/28/2016
80.8%
 
11/14/2011
   
Property
4.12
Central Park Business Center
Lutheran Social Services of the South
4,289
12/31/2015
Print City, LLC
2,518
MTM
63.7%
 
11/14/2011
   
Loan
5
180 Peachtree Street
Stanley Beaman Sears
24,728
01/31/2016
Time Warner Telecom
17,704
06/30/2016
100.0%
 
12/22/2011
   
Loan
6
Hampshire Multifamily Portfolio
           
93.8%
 
Various
   
Property
6.01
Westlake Apartments
NAP
NAP
NAP
NAP
NAP
NAP
93.6%
 
10/17/2011
   
Property
6.02
Woods Edge Apartments
NAP
NAP
NAP
NAP
NAP
NAP
98.9%
 
10/06/2011
   
Property
6.03
Wind Drift Apartments
NAP
NAP
NAP
NAP
NAP
NAP
92.8%
 
10/17/2011
   
Property
6.04
Riverwood Apartments
NAP
NAP
NAP
NAP
NAP
NAP
90.8%
 
09/26/2011
   
Property
6.05
Spyglass Apartments
NAP
NAP
NAP
NAP
NAP
NAP
95.0%
 
10/06/2011
   
Property
6.06
Villa Nova Apartments
NAP
NAP
NAP
NAP
NAP
NAP
91.3%
 
10/06/2011
   
Loan
7
Alamance Crossing
Barnes & Noble
26,848
07/31/2017
Victoria's Secret
8,090
01/31/2018
84.3%
 
11/23/2011
   
Loan
8
Brea Plaza Shopping Center
Mother's Market
13,006
08/31/2031
Lucille's Smokehouse
11,829
03/30/2013
98.0%
 
01/04/2012
   
Loan
9
Rio Apartments
NAP
NAP
NAP
NAP
NAP
NAP
98.0%
 
11/28/2011
   
Loan
10
Treetop Apartments
NAP
NAP
NAP
NAP
NAP
NAP
97.7%
 
11/28/2011
   
Loan
11
Piatt Place (23)
McCormick & Schmick
8,918
04/30/2018
Izzazu, Inc.
3,874
02/28/2026
93.8%
 
02/01/2012
 
3,132
Loan
12
Susquehanna Valley Mall
Weis Markets
52,532
11/30/2013
Cinema Center
40,000
02/28/2022
94.7%
 
12/31/2011
   
Loan
13
Vernola Marketplace
Petco
15,000
01/31/2018
Fitness 19
9,760
03/31/2021
82.9%
 
10/31/2011
   
Loan
14
GRM Portfolio
           
100.0%
 
01/19/2012
   
Property
14.01
10310 Harwin Drive
NAP
NAP
NAP
NAP
NAP
NAP
100.0%
 
01/19/2012
   
Property
14.02
Chicago Building
NAP
NAP
NAP
NAP
NAP
NAP
100.0%
 
01/19/2012
   
Loan
15
Evergreen Portfolio
           
84.9%
 
11/01/2011
   
Property
15.01
Yorktowne MHP
NAP
NAP
NAP
NAP
NAP
NAP
79.4%
 
11/01/2011
   
Property
15.02
Pondarosa MHP
NAP
NAP
NAP
NAP
NAP
NAP
93.2%
 
11/01/2011
   
Property
15.03
Vance MHP
NAP
NAP
NAP
NAP
NAP
NAP
92.6%
 
11/01/2011
   
Loan
16
Healdsburg Hotel
NAP
NAP
NAP
NAP
NAP
NAP
70.2%
 
10/31/2011
 
 
Loan
17
Montebello Town Square
Petco
20,000
11/30/2022
AAA Auto Club
7,550
09/30/2015
98.5%
 
02/02/2012
   
Loan
18
Plaza del Sol
Marshall's
30,036
10/31/2021
Cinemark USA, Inc.
24,814
11/30/2016
99.6%
 
12/01/2011
   
Loan
19
Holiday Village
NAP
NAP
NAP
NAP
NAP
NAP
88.3%
 
11/01/2011
   
Loan
20
Bear Creek Plaza
Dollar Tree
18,708
02/28/2021
Boot Barn
9,000
10/17/2021
92.9%
 
01/01/2012
 
80,000
Loan
21
BB&T Headquarters Building (21)
Parkway Realty Services, LLC
2,619
01/31/2013
NAP
NAP
NAP
100.0%
 
12/01/2011
 
750,000
Loan
22
Rancho Penasquitos Towne Center I
Elam's Hallmark
3,200
08/31/2012
Jack in the Box
3,000
12/31/2012
96.9%
 
09/30/2011
   
Loan
23
Johnstown Galleria - Ground Lease
NAP
NAP
NAP
NAP
NAP
NAP
100.0%
 
NAP
   
Loan
24
Rancho Penasquitos Towne Center II
Kragen Auto Parts
4,965
02/29/2016
Goodyear Tire
4,830
02/29/2016
91.7%
 
09/30/2011
   
Loan
25
Southwood Manor MHC
NAP
NAP
NAP
NAP
NAP
NAP
96.9%
 
12/01/2011
   
Loan
26
BJ's Wholesale Pittsfield
NAP
NAP
NAP
NAP
NAP
NAP
100.0%
 
03/06/2012
   
Loan
27
Penland Park MHC
NAP
NAP
NAP
NAP
NAP
NAP
97.2%
 
06/30/2011
   
Loan
28
Eagle Crest MHC
NAP
NAP
NAP
NAP
NAP
NAP
98.2%
 
11/01/2011
   
Loan
29
Fingerlakes Crossing Shopping Center
Petco
13,867
03/31/2018
Buffalo Wild Wings
6,000
12/31/2017
96.4%
 
07/31/2011
   
Loan
30
Hickory Glen Apartments
NAP
NAP
NAP
NAP
NAP
NAP
86.0%
 
12/30/2011
   
Loan
31
Comfort Inn JFK at Ozone Park
NAP
NAP
NAP
NAP
NAP
NAP
82.8%
 
12/31/2011
   
Loan
32
Staybridge Suites SeaWorld
NAP
NAP
NAP
NAP
NAP
NAP
76.9%
 
12/31/2011
   
Loan
33
Boulevard Estates MHC
NAP
NAP
NAP
NAP
NAP
NAP
87.5%
 
08/12/2011
   
Loan
34
Northcross & Victoria
Gold's Texas Holdings Group, Inc.
18,710
07/31/2021
Dollar General
12,530
11/30/2012
80.2%
 
01/01/2012
   
Loan
35
Hampton Inn & Suites
NAP
NAP
NAP
NAP
NAP
NAP
70.0%
 
09/30/2011
   
Loan
36
Westchester I Office
Keller Williams
5,971
09/30/2018
Gregg & Bailey
4,925
12/31/2021
95.4%
 
02/01/2012
   
Loan
37
Marina Towers
UBS Financial Services Inc.
8,945
07/31/2017
Clear Choice Health Care, LLC
6,864
06/30/2012
96.6%
 
01/01/2012
 
1,759
Loan
38
Spalding Building
Sleep Country USA, Inc.
5,000
05/31/2014
DHI, Inc.
4,639
05/31/2012
79.0%
 
09/30/2011
   
Loan
39
Addison Place North
Jezebelle (d/b/a Wish Apparel)
3,025
09/30/2016
Infinity
2,800
12/13/2020
91.4%
 
02/01/2012
   
Loan
40
Hotel Provincial
NAP
NAP
NAP
NAP
NAP
NAP
77.0%
 
11/30/2011
   
Loan
41
Alrig Portfolio
           
92.4%
 
02/07/2012
   
Property
41.01
Bloomfield Office Pavilion
Witzke Berry
4,071
01/31/2017
Jawood
3,303
03/31/2015
90.7%
 
02/07/2012
   
Property
41.02
Willow Office Center
Doug Angell, DDS
2,456
03/31/2022
Theodore A. Golden
2,320
03/31/2014
90.7%
 
02/07/2012
   
Property
41.03
Cady Office Centre
Bailey Shammoun
2,672
09/30/2016
Michael Ladwig-UPS Store
1,589
11/30/2013
100.0%
 
02/07/2012
   
Loan
42
Wood Forest Apartments
NAP
NAP
NAP
NAP
NAP
NAP
99.3%
 
09/06/2011
   
Loan
43
Fox Hunt Apartments
NAP
NAP
NAP
NAP
NAP
NAP
94.8%
 
02/03/2012
   
 
 
 
A-1-7

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

                       
     
Monthly
Upfront
Monthly
Upfront
Monthly
Upfront
Monthly
Upfront
 
     
Replacement
TI/LC
TI/LC
Tax
Tax
Insurance
Insurance
Engineering
Other
Property Flag
ID
Property Name
Reserves($)(18)
Reserves($)
Reserves($)(18)
Reserves($)
Reserves($)(18)
Reserves($)
Reserves($)(18)
Reserve($)
Reserves($)(18)
Loan
1
Square One Mall
Springing
 
Springing
 
Springing
 
Springing
   
Loan
2
Union Square Retail
                 
Loan
3
Puerto Rico Retail Portfolio (21)
13,862
 
19,407
128,080
42,693
 
Springing
121,141
69,375
Property
3.01
Plaza Los Prados
                 
Property
3.02
Juncos Plaza
                 
Property
3.03
Manati Centro Plaza
                 
Property
3.04
University Plaza
                 
Loan
4
Hartman Portfolio (22)
                 
Property
4.01
Westheimer Central Plaza
                 
Property
4.02
The Preserve
                 
Property
4.03
North Central Plaza
                 
Property
4.04
Walzem Plaza
                 
Property
4.05
3100 Timmons Lane
                 
Property
4.06
One Mason Plaza
                 
Property
4.07
Northbelt Atrium I
                 
Property
4.08
Park Central
                 
Property
4.09
Northbelt Atrium II
                 
Property
4.10
11811 North Freeway
                 
Property
4.11
Tower Pavilion
                 
Property
4.12
Central Park Business Center
                 
Loan
5
180 Peachtree Street
10,763
313,289
Springing
233,781
51,234
29,971
5,994
1,052,823
4,792
Loan
6
Hampshire Multifamily Portfolio
59,312
   
92,291
92,291
160,976
26,829
735,260
 
Property
6.01
Westlake Apartments
                 
Property
6.02
Woods Edge Apartments
                 
Property
6.03
Wind Drift Apartments
                 
Property
6.04
Riverwood Apartments
                 
Property
6.05
Spyglass Apartments
                 
Property
6.06
Villa Nova Apartments
                 
Loan
7
Alamance Crossing
4,199
 
27,990
334,788
41,849
       
Loan
8
Brea Plaza Shopping Center
2,756
81,158
13,778
382,220
76,444
63,199
5,745
 
2,758,955
Loan
9
Rio Apartments
8,575
   
85,369
28,456
174,957
21,870
412,638
381,730
Loan
10
Treetop Apartments
7,671
   
77,351
25,784
14,455
14,455
125,000
321,704
Loan
11
Piatt Place (23)
3,132
     
Springing
 
Springing
 
1,250,000
Loan
12
Susquehanna Valley Mall
18,842
 
31,250
238,948
89,218
132,776
12,071
55,375
1,075,000
Loan
13
Vernola Marketplace
4,396
46,309
14,928
140,947
46,947
 
Springing
   
Loan
14
GRM Portfolio
7,595
   
153,852
59,000
 
Springing
   
Property
14.01
10310 Harwin Drive
                 
Property
14.02
Chicago Building
                 
Loan
15
Evergreen Portfolio
3,099
   
95,144
20,484
8,990
4,495
53,565
448,750
Property
15.01
Yorktowne MHP
                 
Property
15.02
Pondarosa MHP
                 
Property
15.03
Vance MHP
                 
Loan
16
Healdsburg Hotel
1/12 of 2% of Gross Revenues based on the prior year
   
102,031
17,005
3,893
3,893
16,133
250,000
Loan
17
Montebello Town Square
       
Springing
 
Springing
   
Loan
18
Plaza del Sol
6,905
 
11,317
18,062
18,062
 
Springing
93,875
 
Loan
19
Holiday Village
2,063
   
38,224
7,645
8,926
2,975
5,013
 
Loan
20
Bear Creek Plaza
Springing
250,000
Springing
22,417
22,417
5,042
1,260
   
Loan
21
BB&T Headquarters Building (21)
1/12 of the Scheduled Annual Capital Expenditure amount for such year
206,430
 
91,889
30,630
 
Springing
   
Loan
22
Rancho Penasquitos Towne Center I
       
Springing
 
Springing
   
Loan
23
Johnstown Galleria - Ground Lease
                 
Loan
24
Rancho Penasquitos Towne Center II
       
Springing
 
Springing
   
Loan
25
Southwood Manor MHC
1,738
   
26,714
13,357
21,779
1,980
36,875
368,250
Loan
26
BJ's Wholesale Pittsfield
       
Springing
 
Springing
   
Loan
27
Penland Park MHC
1,621
   
24,079
12,040
19,181
1,744
21,250
230,875
Loan
28
Eagle Crest MHC
1,138
   
202,236
27,210
6,894
2,298
16,106
 
Loan
29
Fingerlakes Crossing Shopping Center
1,682
 
6,792
163,000
24,899
15,458
5,153
4,625
16,268
Loan
30
Hickory Glen Apartments
3,225
   
79,665
13,278
19,912
1,991
33,219
185,000
Loan
31
Comfort Inn JFK at Ozone Park
4% of Gross Revenues for the calendar month immediately preceding such monthly payment date
   
20,453
6,818
5,924
2,962
 
60,000
Loan
32
Staybridge Suites SeaWorld
1/12 of 4% of Gross Revenues based on the prior year
   
65,750
16,438
15,905
1,590
   
Loan
33
Boulevard Estates MHC
1,196
   
30,655
10,218
2,750
1,375
7,220
 
Loan
34
Northcross & Victoria
3,402
200,000
 
49,456
16,485
33,609
2,585
93,313
71,939
Loan
35
Hampton Inn & Suites
2% of Gross Revenues for the prior month (during the first year of the term of the loan; 4.0% thereafter)
   
13,372
6,686
6,667
6,667
 
750,000
Loan
36
Westchester I Office
955
 
4,975
18,372
6,124
4,214
702
   
Loan
37
Marina Towers
1,759
 
5,674
70,217
6,383
27,955
5,591
16,100
 
Loan
38
Spalding Building
2,000
250,000
8,500
6,276
6,276
54,055
4,158
96,000
Springing
Loan
39
Addison Place North
500
 
2,000
25,095
6,274
19,209
3,842
 
25,669
Loan
40
Hotel Provincial
1/12 of 4% of Gross Revenues based on the prior year
   
59,797
5,980
90,015
10,315
21,287
 
Loan
41
Alrig Portfolio
3,095
200,000
11,950
76,537
25,512
3,930
1,965
 
98,373
Property
41.01
Bloomfield Office Pavilion
                 
Property
41.02
Willow Office Center
                 
Property
41.03
Cady Office Centre
                 
Loan
42
Wood Forest Apartments
4,345
   
7,605
7,605
10,950
3,650
82,375
 
Loan
43
Fox Hunt Apartments
6,250
   
35,829
11,943
40,106
3,342
67,995
 

 
 
A-1-8

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

               
     
Other
Environmental
     
     
Reserves
Report
 
Engineering
Loan
Property Flag
ID
Property Name
Description (3)(15)
Date (3)(19)
 
Report Date
Purpose
Loan
1
Square One Mall
 
11/17/2011
 
11/16/2011
Refinance
Loan
2
Union Square Retail
 
02/01/2012
 
02/01/2012
Refinance
Loan
3
Puerto Rico Retail Portfolio (21)
Tank Permit Reserve
     
Acquisition
Property
3.01
Plaza Los Prados
 
12/22/2011
 
12/22/2011
 
Property
3.02
Juncos Plaza
 
12/22/2011
 
12/22/2011
 
Property
3.03
Manati Centro Plaza
 
12/22/2011
 
12/22/2011
 
Property
3.04
University Plaza
 
12/22/2011
 
12/22/2011
 
Loan
4
Hartman Portfolio (22)
       
Refinance
Property
4.01
Westheimer Central Plaza
 
06/29/2011
 
06/29/2011
 
Property
4.02
The Preserve
 
06/29/2011
 
06/29/2011
 
Property
4.03
North Central Plaza
 
06/29/2011
 
06/29/2011
 
Property
4.04
Walzem Plaza
 
06/29/2011
 
06/29/2011
 
Property
4.05
3100 Timmons Lane
 
06/29/2011
 
06/29/2011
 
Property
4.06
One Mason Plaza
 
06/29/2011
 
06/29/2011
 
Property
4.07
Northbelt Atrium I
 
06/29/2011
 
06/29/2011
 
Property
4.08
Park Central
 
06/29/2011
 
06/29/2011
 
Property
4.09
Northbelt Atrium II
 
06/29/2011
 
06/29/2011
 
Property
4.10
11811 North Freeway
 
06/29/2011
 
06/29/2011
 
Property
4.11
Tower Pavilion
 
06/29/2011
 
06/29/2011
 
Property
4.12
Central Park Business Center
 
06/29/2011
 
06/29/2011
 
Loan
5
180 Peachtree Street
Ground Rent Reserve (1/12 of the aggregate Ground Rent, Currently $4,792); Common Charges Reserve (Springing)
11/01/2011
 
10/31/2011
Acquisition
Loan
6
Hampshire Multifamily Portfolio
       
Refinance
Property
6.01
Westlake Apartments
 
10/03/2011
 
10/03/2011
 
Property
6.02
Woods Edge Apartments
 
10/03/2011
 
10/03/2011
 
Property
6.03
Wind Drift Apartments
 
10/03/2011
 
10/03/2011
 
Property
6.04
Riverwood Apartments
 
10/03/2011
 
10/03/2011
 
Property
6.05
Spyglass Apartments
 
10/03/2011
 
10/03/2011
 
Property
6.06
Villa Nova Apartments
 
10/03/2011
 
10/03/2011
 
Loan
7
Alamance Crossing
 
05/09/2011
 
05/09/2011
Refinance
Loan
8
Brea Plaza Shopping Center
Tenant Specific Reserves ($1,299,175); Free Rent Holdback Reserve (Upfront: $300,429); Build Out Reserve (Upfront: $1,099,351); Loftus Channel Completion Reserve (Upfront: $60,000)
12/12/2011
 
12/12/2011
Refinance
Loan
9
Rio Apartments
Security Deposit Reserve (Upfront: $264,797); Debt Service Reserve (Upfront: $116,933)
11/17/2011
 
11/16/2011
Refinance
Loan
10
Treetop Apartments
Security Deposit Reserve (Upfront: $220,573); Debt Service Reserve (Upfront: $101,131)
11/17/2011
 
11/16/2011
Refinance
Loan
11
Piatt Place (23)
Phoenix Reserve
12/15/2011
 
12/12/2011
Refinance
Loan
12
Susquehanna Valley Mall
Accretive Leasing Reserve
10/13/2011
 
10/13/2011
Refinance
Loan
13
Vernola Marketplace
 
06/28/2011
 
06/28/2011
Refinance
Loan
14
GRM Portfolio
       
Refinance
Property
14.01
10310 Harwin Drive
 
11/22/2011
 
11/22/2011
 
Property
14.02
Chicago Building
 
11/22/2011
 
11/21/2011
 
Loan
15
Evergreen Portfolio
Environmental Reserves
     
Refinance
Property
15.01
Yorktowne MHP
 
11/11/2011
 
11/11/2011
 
Property
15.02
Pondarosa MHP
 
11/11/2011
 
11/11/2011
 
Property
15.03
Vance MHP
 
11/11/2011
 
11/11/2011
 
Loan
16
Healdsburg Hotel
Seasonality Reserve (Upfront: $250,000; Monthly: Excess Cash Flow)
06/07/2011
 
04/21/2011
Refinance
Loan
17
Montebello Town Square
 
01/09/2012
 
01/09/2012
Refinance
Loan
18
Plaza del Sol
 
12/14/2011
 
12/14/2011
Refinance
Loan
19
Holiday Village
 
10/26/2011
 
11/11/2011
Refinance
Loan
20
Bear Creek Plaza
 
11/11/2011
 
11/15/2011
Refinance
Loan
21
BB&T Headquarters Building (21)
 
11/06/2011
 
11/07/2011
Acquisition
Loan
22
Rancho Penasquitos Towne Center I
 
07/12/2011
 
07/11/2011
Refinance
Loan
23
Johnstown Galleria - Ground Lease
 
08/03/2011
 
NAP
Acquisition
Loan
24
Rancho Penasquitos Towne Center II
 
07/12/2011
 
07/12/2011
Refinance
Loan
25
Southwood Manor MHC
Environmental Reserve (Upfront: $280,750); Lease Settlement Reserve (Upfront: $87,500)
06/02/2011
 
06/03/2011
Refinance
Loan
26
BJ's Wholesale Pittsfield
 
01/10/2012
 
01/10/2012
Acquisition
Loan
27
Penland Park MHC
Environmental Reserve
06/02/2011
 
06/03/2011
Refinance
Loan
28
Eagle Crest MHC
 
11/11/2011
 
11/11/2011
Refinance
Loan
29
Fingerlakes Crossing Shopping Center
MRI Rent Reserve
05/24/2011
 
05/23/2011
Refinance
Loan
30
Hickory Glen Apartments
Clearing Account Reserve (Upfront: $98,049); Debt Service Reserve (Upfront: $51,951); Radon Remediation Reserve (Upfront: $35,000)
12/14/2011
 
12/15/2011
Refinance
Loan
31
Comfort Inn JFK at Ozone Park
Seasonal Working Capital Reserve (Upfront $60,000; $10,000 Monthly, each month from April through September if balance falls below $60,000; Cap: $60,000)
12/13/2011
 
12/14/2011
Refinance
Loan
32
Staybridge Suites SeaWorld
 
05/31/2011
 
05/27/2011
Refinance
Loan
33
Boulevard Estates MHC
 
11/11/2011
 
11/11/2011
Refinance
Loan
34
Northcross & Victoria
Gold's Gym Rent Reserve (Upfront: $71,939); Prepaid Rent Reserve ($140,000 on or before 6/1/2018); Specific Tenant Rollover Reserves (Springing)
12/12/2011
 
12/09/2011
Refinance/Acquisition
Loan
35
Hampton Inn & Suites
PIP Reserve (Upfront: $600,000); Operating Reserve (Upfront: $150,000)
11/16/2011
 
11/16/2011
Acquisition
Loan
36
Westchester I Office
 
12/07/2011
 
12/07/2011
Refinance
Loan
37
Marina Towers
 
06/17/2011
 
06/20/2011
Refinance
Loan
38
Spalding Building
Specific Tenant Rollover Reserves (Springing)
08/24/2011
 
08/24/2011
Refinance
Loan
39
Addison Place North
Wish Apparel Tenant Free Rent Reserve (Upfront: $13,130); Wish Apparel TI/LC Reserve (Upfront: $12,539)
06/10/2011
 
06/08/2011
Refinance
Loan
40
Hotel Provincial
 
07/08/2011
 
07/11/2011
Refinance
Loan
41
Alrig Portfolio
Free Rent Reserve
     
Refinance
Property
41.01
Bloomfield Office Pavilion
 
12/12/2011
 
12/12/2011
 
Property
41.02
Willow Office Center
 
12/12/2011
 
12/12/2011
 
Property
41.03
Cady Office Centre
 
12/13/2011
 
12/12/2011
 
Loan
42
Wood Forest Apartments
 
07/07/2011
 
07/06/2011
Refinance
Loan
43
Fox Hunt Apartments
 
07/19/2011
 
07/19/2011
Refinance

 
 
A-1-9

 
COMM 2012-LC4

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

         
         
         
Property Flag
ID
Property Name
Sponsor (20)
Guarantor (20)
Loan
1
Square One Mall
Mayflower Realty LLC
Mayflower Realty LLC
Loan
2
Union Square Retail
The Related Companies, L.P.; Board of the State Teachers Retirement System of Ohio
The Related Companies, L.P.
Loan
3
Puerto Rico Retail Portfolio (21)
Community Reinvestment Partners II LP
Community Reinvestment Partners II LP
Property
3.01
Plaza Los Prados
   
Property
3.02
Juncos Plaza
   
Property
3.03
Manati Centro Plaza
   
Property
3.04
University Plaza
   
Loan
4
Hartman Portfolio (22)
Allen R. Hartman; Hartman Income REIT, Inc.
Allen R. Hartman; Hartman Income REIT, Inc.
Property
4.01
Westheimer Central Plaza
   
Property
4.02
The Preserve
   
Property
4.03
North Central Plaza
   
Property
4.04
Walzem Plaza
   
Property
4.05
3100 Timmons Lane
   
Property
4.06
One Mason Plaza
   
Property
4.07
Northbelt Atrium I
   
Property
4.08
Park Central
   
Property
4.09
Northbelt Atrium II
   
Property
4.10
11811 North Freeway
   
Property
4.11
Tower Pavilion
   
Property
4.12
Central Park Business Center
   
Loan
5
180 Peachtree Street
Carter/Validus Operating Partnership, LP
Carter/Validus Operating Partnership, LP
Loan
6
Hampshire Multifamily Portfolio
Tomas Rosenthal; Henri Schmidt; The JR Family Credit Shelter Trust, U/T/A Dated January 3, 1996; The TR Family Trust, U/T/A Dated December 26, 1995
Tomas Rosenthal; Henri Schmidt; The JR Family Credit Shelter Trust, U/T/A Dated January 3, 1996; The TR Family Trust, U/T/A Dated December 26, 1995
Property
6.01
Westlake Apartments
   
Property
6.02
Woods Edge Apartments
   
Property
6.03
Wind Drift Apartments
   
Property
6.04
Riverwood Apartments
   
Property
6.05
Spyglass Apartments
   
Property
6.06
Villa Nova Apartments
   
Loan
7
Alamance Crossing
CBL & Associates Properties, Inc.
CBL & Associates Properties, Inc.
Loan
8
Brea Plaza Shopping Center
BOSC Realty Advisors LLC
Najwa Nadhir; Nedal Denha; Ronald Shunia
Loan
9
Rio Apartments
Belinda Meruelo
Belinda Meruelo
Loan
10
Treetop Apartments
Belinda Meruelo
Belinda Meruelo
Loan
11
Piatt Place (23)
Millcraft Investments, Inc.; Kathleen S. Piatt Marital Trust; Jack B. Piatt Family Trust No. 2; Lucas B. Piatt; Piatt Place NMTC Lender, LLC
Millcraft Investments, Inc.; Kathleen S. Piatt Marital Trust; Jack B. Piatt Family Trust No. 2; Lucas B. Piatt; Piatt Place NMTC Lender, LLC
Loan
12
Susquehanna Valley Mall
Alma O. Cohen; Edwin Lakin; Albert Boscov; Mid-Island Properties, Inc.
Alma O. Cohen; Edwin Lakin; Albert Boscov; Mid-Island Properties, Inc.
Loan
13
Vernola Marketplace
Vestar Development Co.; Rockwood V REIT, Inc.; Equity One, Inc.
Vestar Development Co.; Rockwood V REIT, Inc.; Equity One, Inc.
Loan
14
GRM Portfolio
Moishe Mana
Moishe Mana
Property
14.01
10310 Harwin Drive
   
Property
14.02
Chicago Building
   
Loan
15
Evergreen Portfolio
Ross H. Partrich
Ross H. Partrich
Property
15.01
Yorktowne MHP
   
Property
15.02
Pondarosa MHP
   
Property
15.03
Vance MHP
   
Loan
16
Healdsburg Hotel
Merritt Sher; Pamela Sher
Merritt Sher; Pamela Sher
Loan
17
Montebello Town Square
Kimco Income Operating Partnership, L.P.
Kimco Income Operating Partnership, L.P.
Loan
18
Plaza del Sol
Herbert L. Levine; Elliott Aintabi
Herbert L. Levine; Elliott Aintabi
Loan
19
Holiday Village
Ross H. Partrich
Ross H. Partrich
Loan
20
Bear Creek Plaza
Flamey Damian; Egla Damian
Flamey Damian; Egla Damian
Loan
21
BB&T Headquarters Building (21)
Inland Private Capital Corporation
Winston-Salem Leaseco, L.L.C.; Inland Private Capital Corporation
Loan
22
Rancho Penasquitos Towne Center I
KUBS Income Fund I, L.P.
KUBS Income Fund I, L.P.
Loan
23
Johnstown Galleria - Ground Lease
Richard Ader; David Ledy; David Silvers; Jack Genende; Warren Schwartz
Richard Ader; David Ledy; David Silvers; Jack Genende; Warren Schwartz
Loan
24
Rancho Penasquitos Towne Center II
KUBS Income Fund I, L.P.
KUBS Income Fund I, L.P.
Loan
25
Southwood Manor MHC
Richard M. Nodel; Ronald K. Weiss
Richard M. Nodel; Ronald K. Weiss
Loan
26
BJ's Wholesale Pittsfield
Ladder Capital Finance Holdings LLLP
NAP
Loan
27
Penland Park MHC
Richard M. Nodel; Ronald K. Weiss
Richard M. Nodel; Ronald K. Weiss
Loan
28
Eagle Crest MHC
Ross H. Partrich
Ross H. Partrich
Loan
29
Fingerlakes Crossing Shopping Center
Cameron Group & IGB Group of Germany
Joseph J. Goethe; Eric M. Alderman; Thomas J. Valenti; Lawrence Alder; Frederick R. Burrows, Jr.; Kevin Eldred; Joel C. Ramey
Loan
30
Hickory Glen Apartments
Everest SIR 2 Properties, LP
Everest SIR 2 Properties, LP
Loan
31
Comfort Inn JFK at Ozone Park
Riverbrook Holdings LLC; Superior Redding Hotel LLC
Steven G. Mendel; Kuldip Singh
Loan
32
Staybridge Suites SeaWorld
Anand Bhakta; Sanmukh Patel; Babubhai Patel; Kishor Patel; Jagdish Bhakta; Rajesh Bhakta; Dinesh Bhakta
Anand Bhakta; Sanmukh Patel; Babubhai Patel; Kishor Patel; Jagdish Bhakta; Rajesh Bhakta; Dinesh Bhakta
Loan
33
Boulevard Estates MHC
Ross H. Partrich
Ross H. Partrich
Loan
34
Northcross & Victoria
VN Shopping Center, Inc.
Alan S. Mann; Nelson S. Billups
Loan
35
Hampton Inn & Suites
Mercury Investment Co. VII
Abbot G. Apter; Maureen A. Spanier; Karen M. Stelmak
Loan
36
Westchester I Office
Robert Hargett; Kevin T. McFadden; W. Vernon McClure, Jr.
Robert Hargett; Kevin T. McFadden; W. Vernon McClure, Jr.
Loan
37
Marina Towers
Christian C. Romandetti
Christian C. Romandetti
Loan
38
Spalding Building
John F. Swift; Manchester Capital Management, LLC
John F. Swift
Loan
39
Addison Place North
Richard F. Caster
Richard F. Caster
Loan
40
Hotel Provincial
Bryan V. Dupepe, Sr.; Verna Dupepe Devlin; Bryan V. Dupepe Jr.
Bryan V. Dupepe, Sr.; Verna Dupepe Devlin; Bryan V. Dupepe Jr.
Loan
41
Alrig Portfolio
Gabriel Schuchman; Ehud Rieger
Gabriel Schuchman; Ehud Rieger
Property
41.01
Bloomfield Office Pavilion
   
Property
41.02
Willow Office Center
   
Property
41.03
Cady Office Centre
   
Loan
42
Wood Forest Apartments
Ralph Yaney; Lucile Yaney; Larisa Storozhenko
Ralph Yaney; Lucile Yaney; Larisa Storozhenko
Loan
43
Fox Hunt Apartments
Matthew B. Lester
Matthew B. Lester

 
 
A-1-10

 
 
COMM 2012-LC4
 
FOOTNOTES TO ANNEX A-1

(1)
GACC—German American Capital Corporation or one of its affiliates; LCF—Ladder Capital Finance LLC or one of its affiliates; GLAC—Guggenheim Life and Annuity Company; JPMIM—J.P. Morgan Investment Management Inc. or one of its affiliates; RB—Regions Bank or one of its affiliates.
   
(2)
GACC—German American Capital Corporation; LCF— Ladder Capital Finance LLC; GLAC—Guggenheim Life and Annuity Company.
   
(3)
With respect to any Mortgaged Property securing a multi-property Mortgage Loan, the amounts listed under the headings “Original Balance” and “Cut-off Date Balance” reflect the Allocated Loan Amount for such Mortgaged Property.
   
 
Loan No. 4 – Hartman Portfolio – At origination in September 2008, J. P. Morgan Investment Management Inc. funded a loan with an original principal balance of $67.6 million. GACC purchased the loan in June 2011. The Hartman Portfolio Mortgage Loan has been split into a pooled senior trust component of approximately $56.5 million and a non-pooled junior trust component of $10.0 million. The Original Amortization Term is based on the Hartman Portfolio Mortgage Loan, including the non-pooled junior trust component. The Remaining Amortization Term is calculated using the Monthly Debt Service and Cut-off Date Balance for the pooled component only.
   
 
Loan No. 15  – Evergreen Portfolio – A portion of the environmental reserve for the Mortgage Loan in an amount equal to $483,618 was applied to prepay the loan prior to the Cut-Off Date upon completion of certain recommended environmental work at the Pondarosa MHP Mortgaged Property.
   
(4)
Loan No. 21 – BB&T Headquarters Building – has an ARD feature with an anticipated repayment date of 1/6/2022, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of 1/6/2037 of 2.00% plus the initial rate.
   
(5)
The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the master servicing fee, sub-servicing fee, trustee/certificate administrator fee and operating advisor fee with respect to each Mortgage Loan.
   
(6)
Annual Debt Service, Monthly Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest-only periods are shown based on the monthly debt service payment immediately following the expiration of the interest-only period and (ii) that are interest-only until the related maturity date or anticipated repayment date, as applicable, are shown based on the interest-only payments during the 12-month period following the cut-off date (or, in the case of Monthly Debt Service, the average of such interest-only payments).
   
(7)
“Hard” generally means each tenant is required to transfer its rent directly to the lender-controlled lockbox account. However, with respect to hospitality properties, “Hard” means all credit card receipts are deposited directly into the lockbox by the card processing company and all over-the counter cash and equivalents are deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon the occurrence of a trigger event (as specified in the related Mortgage Loan Documents), the borrower is required to establish a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into


 
A-1-11

 


 
such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will be required to transfer its rent directly to a lender-controlled lockbox.
   
 
Loan No. 2  – Union Square Retail –The Mortgage Loan is structured with no initial lockbox or cash management at the tenant level.  Any sums that are distributable by the borrower to the Related Union Square Retail Associates, LLC (the “Related Owner”), which is an affiliate of The Related Companies, LP and the holder of a 49% interest in the borrower, are paid into an account (the “STRSO Account”) controlled by OTR, an Ohio general partnership acting as the duly designated nominee of the Board of The State Teachers Retirement System of Ohio (“STRSO”) and then transferred to an account controlled by the lender and, provided no event of default exists under the Union Square Retail Loan, are transferred to the Related Owner.  Following the occurrence of an event of default under the Union Square Retail Loan, all such sums are transferred to an account of the lender, to be applied as determined by the lender.  In the event that STRSO no longer controls the STRSO Account or in the event that STRSO no longer controls the borrower, the borrower is required to establish a lockbox account controlled by the lender (the “Springing Lockbox”) and In Place cash management will then commence.  The borrower must cause all subtenants to deposit their rent payable to the borrower into the Springing Lockbox and must require all subtenants to deposit any sub-subrent payable to the subtenants (which is not already payable to the borrower) in the Springing Lockbox.
   
(8)
“In Place” means that related property cash flows go through a waterfall before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan Documents, In Place cash management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related loan documents).
   
(9)
Loan No. 9 and Loan No. 10 – Rio Apartments and Treetop Apartments – The Rio Apartments Mortgage Loan and Treetop Apartments Mortgage Loan are cross-collateralized and cross-defaulted. As such, Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield are calculated on an aggregate basis.
   
(10)
The grace periods noted under “Grace Period” reflect the number of days of grace before a payment default is an event of default.  Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A-1 to this Free Writing Prospectus.
   
(11)
Loan No. 5 – 180 Peachtree Street – Net Rentable Area represents the total square feet of the fee simple interest in the office and data center property located at 180 Peachtree Street Northwest. It excludes the 5-story garage adjacent to the 180 Peachtree Street Northwest building and the leasehold interest in the 9-story garage located at 150 Carnegie Way Northwest, which contain a total of 1,449 spaces, both of which are part of the collateral.
   
 
Loan No. 19 – Holiday Village – In addition to the 495 home sites, there are also 83 RV sites located at the property. Net Rentable Area and Loan per Net Rentable Area include the 495 home sites only.
   
 
Loan No. 23 – Johnstown Galleria – Ground Lease – the collateral consists of the borrower’s fee interest in the Mortgaged Property. Neither the tenant’s leasehold interest nor the improvements are part of the collateral.
   
(12)
Prepayment provisions are shown from the respective Mortgage Loan First Payment Date.
   
 
“L(x)” means lock-out for x payments.

 
A-1-12

 

 
“D(x)” means may be defeased for x payments.
   
 
“YM(x)” means may be prepaid for x payments with payment of a yield maintenance charge.
   
 
“YM1(x)” means may be prepaid for x payments with payment of greater of yield maintenance charge and 1% of the amount prepaid.
   
 
“DorYM(x)” means may be prepaid with payment of a yield maintenance charge or defeased for x payments; provided that no such defeasance may occur until after the second anniversary of the securitization closing date.
   
 
“O(x)” means freely prepayable for x payments, including the final maturity date or ARD payment.
   
(13)
The following Mortgaged Properties consist, in whole or in part, of the respective borrower’s interest in one or more ground leases:
   
 
Loan No. 2 – Union Square Retail – The Union Square Retail Mortgaged Property is subject to a ground lease.  The lease expires on 12/31/2095 and there are no ground lease extension options.  The ground lease carried an initial base rent of $2,500,000 per annum and includes base rent steps every five years of 12%, with base rent revaluations every 25 years and, during certain periods, otherwise in connection with the expiration of certain below market subleases.  The current base rent being paid by the borrower under the ground lease is $3,136,000.  The next base rent step occurs on 7/1/2013, to a rate of $3,512,320 per annum.
   
 
Loan No. 5 – 180 Peachtree Street – The 180 Peachtree Street Mortgaged Property is subject to a ground lease on a portion of the adjacent parking garage at 150 Carnegie Way Northwest. The lease commenced in December 1960 and expires in 12/31/2055 with one renewal option for 40 years, extending the ground lease to 12/31/2095. The ground rent is currently $57,500 per year and increases $7,500 every ten years beginning in January 2021.
   
 
Loan No. 8 – Brea Plaza Shopping Center – The Brea Plaza Shopping Center Mortgaged Property is subject to a ground lease on a portion of the parking area (including the land currently improved with the drive-thru for Chick-Fil-A). The ground lease has a 30-year term and expires on 10/31/2040 with two 10-year extension options. The initial rent under the lease is $16,274 per month and will increase every five years based upon increases in the Consumer Price Index for the initial term beginning on 11/1/2015, as well as the extension terms.  Under the terms of the ground lease, certain construction costs (plus interest at the greater of (a) 10% or (b) average interest+2% per annum) associated with the development of the parking area above the flood channel are considered to be prepaid rent, and will offset such rent obligations during the initial 30-year term of the lease.
   
(14)
The following tenants that occupy 5% or greater of the net rentable area at the property are borrower affiliates:
   
 
Loan  No. 14 – GRM Portfolio – GRM, which is an affiliate of the borrower, leases 55.6% of the 10310 Harwin Drive Mortgaged Property and 100.0% of the Chicago Building Mortgaged Property.
   
 
Loan  No. 36 – Westchester I Office – The following tenants, which are affiliates of the borrower, lease space at the Mortgaged Property: Balzer & Associates (21.9% of the net rentable area at the Mortgaged Property), Main Street Homes (19.1%), The Rebkee Company (14.3%), Gregg & Bailey (8.6%), White and McCarthy, LLC (6.6%) (not listed on Annex A-1) and Stuller, Connelly & Finfgeld, LLC (5.0%)(not listed on Annex A-1).
   
 
Loan  No. 38 – Spalding Building – An affiliate of the borrower master leases 6.8% of the Mortgaged Property.


 
A-1-13

 


   
(15)
The following tenants listed on Annex A-1 are not yet in occupancy or the lease expiration date relates to a renewal lease that has not yet been executed:
   
 
Loan No. 1 – Square One Mall – The Gap’s current lease expired on 1/31/2012. A one-year lease extension is out for signature. Gap is open and currently paying rent on a month to month basis.
   
 
Loan No. 3 – Puerto Rico Retail Portfolio – With respect to the Juncos Plaza Mortgaged Property, Atlantis Healthcare Group PR is not yet in occupancy. The lease is fully executed and the tenant has taken possession and is currently building out its space.  The lease has a 10-year term.
   
 
Loan No. 3 – Puerto Rico Retail Portfolio – With respect to the Manati Centro Plaza Mortgaged Property, Rent-A-Center is not yet in occupancy. The lease is fully executed and the tenant has taken possession and is currently building out its space.  The lease has a 5-year term.
   
 
Loan No. 3 – Puerto Rico Retail Portfolio – With respect to the University Plaza Mortgaged Property, Claro is not yet in occupancy. The lease is fully executed and the tenant has taken possession and is currently building out its space.  The lease has a 5-year term.
   
 
Loan No. 8 – Brea Plaza Shopping Center – DSW and DXL-Casual Male Group (not listed on Annex A-1) are not yet in occupancy. The leases are fully executed and the borrower is currently building out the space for each such tenant.  The DSW lease carries a 10-year term with an initial base rent of $366,450 per annum.  The DXL-Casual Male Group lease has a 10-year term.
   
 
Loan No. 11 – Piatt Place – University of Phoenix is not yet in occupancy. The lease is fully executed and the tenant’s space is currently being built-out. $1.25 million was escrowed upfront in a reserve account to cover the costs associated with the tenant build-out of the University of Phoenix space.
   
(16)
The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if borrower violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely.  In addition to the foregoing, the following are early non-contingent termination options for those tenants listed in Annex A-1:
   
 
Loan No. 3 – Puerto Rico Retail Portfolio – Gatsby, at the Manati Centro Plaza Mortgaged Property and the University Plaza Mortgaged Property, has a right to terminate the lease.  At the Manati Centro Plaza Mortgaged Property, the right to terminate is as of 4/1/2015 or 4/1/2016 with 180 days prior notice.  At the University Plaza Mortgaged Property, the right to terminate is as of 4/1/2013 or 4/1/2014 with 180 days prior notice.
   
 
Loan No. 11 – Piatt Place – The Largest Tenant, Commonwealth of PA - Department of General Services, has the right to terminate its lease should the Commonwealth of Pennsylvania’s budget not include funds appropriated for the payment of the scheduled rental payments for any office space of similar size in the city of Pittsburgh. However, under such scenario, the tenant is required to reimburse landlord for any unamortized TI/LC costs, as listed in the tenant’s lease, to the extent that the Commonwealth of Pennsylvania has appropriated funds for this penalty.  At loan closing, this penalty was in excess of $13.3 million, and reduces to over $8.0 million at loan


 
A-1-14

 


 
maturity. The Second Largest Tenant, University of Phoenix, has a termination provision at the end of the sixtieth month of the lease provided that it reimburses the borrower for any unamortized TI/LC costs.  The projected TI/LC costs are approximately $1.1 million.  The Fifth Largest Tenant, Izzazu, Inc., has the right to terminate its lease following the last day of the 126th month of the lease term, by written notice at least 180 days prior, and with a lease termination payment equal to the sum of (i) $10,000 and (ii) the remaining full unamortized TI/LC and related costs.
   
 
Loan No. 13  – Vernola Marketplace – The Michael’s Stores, Inc. (“Michael’s”) lease contains a prohibition against selling or leasing space at the Mortgaged Property to a gym or health club. In the event that such a prohibited use continues for a certain time period, Michael’s may reduce its rent or terminate its lease upon notice. Although the borrower entered into a lease with Fitness 19 in March 2010, thereby breaching the covenant, Michael’s has not notified the landlord of this breach or exercised any of its rights under its lease. Michael’s right to abate rent or terminate its lease continues for the entire Michael’s lease term as long as the violation exists.
   
 
Loan No. 18 – Plaza del Sol – Cinemark USA, Inc. may terminate its lease with 90 days written notice to the landlord given within 120 days after the end of any lease year in which its gross receipts for such lease year are less than 50% of its gross receipts for the lease year immediately preceding the lease year in which a motion picture theatre commenced operation on an adjacent landlord (or affiliate) owned property.
   
 
Loan No. 34 – Northcross & Victoria – Gold’s Texas Holdings Group, Inc. (d/b/a Gold’s Gym) has an early termination right in the end of the 5th year (07/2016) with 12 months’ notice.
   
 
Loan  No. 36 – Westchester I Office – Keller Williams has a one-time termination option after 04/15/2016 with 120 days’ notice if landlord cannot provide an additional 5,000 useable sq. ft. in the building.
   
 
Loan No. 37 – Marina Towers – The Largest Tenant, Modus Operandi, Inc, has the right to terminate its lease any time after the 36th month of the lease term, by written notice at least 180 days prior, and with a lease termination payment of $20,000.
   
 
Loan  No. 38 – Spalding Building – Portland Children’s Levy has a right to terminate as of 6/30/14 with 180 days’ notice and termination fee of $7,935.
   
 
Loan  No. 41 – Alrig Portfolio – With respect to the Willow Office Center Mortgaged Property, Syntel, Inc. has a termination option in 08/2015 with 6 months’ notice (02/2015), and Cornerstone Benefit Plans, Inc. has a one-time right to terminate its lease in February 2016 with 150 days’ notice and payment of a penalty.  Oakland Psychological Clinic has 6,100 sq. ft. in the Bloomfield Office Pavilion Mortgaged Property.  They have expansion rights with 180 days’ notice into any available contiguous space on the same terms as their current lease.  If the space is unable to accommodate tenant, the landlord has the ability to make other space available within the building and the landlord would pay relocation costs.  If the landlord cannot find space for tenant to expand, tenant shall have the right to terminate by providing 30 days’ notice.
   
(17)
The following major tenants (listed on Annex A-1) are currently subleasing all or a significant portion of its leased space;
   
 
Loan No. 1 – Square One Mall – The Second Largest Tenant, Best Buy, leases 60,000 sq. ft., of which 21,668 is currently subleased to Blast Fitness through February 2022.
   
 
Loan No. 2 – Union Square Retail – Two tenants of borrower (subtenants under the ground lease and wholly-owned subsidiaries of the borrower), Union Square Development Associates, LLC (“USDA”) (19.5% of rentable sq. ft.) and Union Square Development Associates II, LLC (“USDA II”) (30.2% of rentable sq. ft.), have sub-subleased their tenant spaces.  USDA has sub-


 
A-1-15

 


 
subleased its tenant space to Best Buy.  USDA II has sub-subleased its tenant space to Nordstrom Rack, Duane Reade, Citibank, N.A., Park South Imaging and Union Square Wines.
   
 
Loan No. 23 – Johnstown Galleria – Ground Lease – Subleased to the retail tenants.
   
(18)
Monthly reserves required to be deposited in such account may be capped pursuant to the related Mortgage Loan Documents.
 
 
(19)
The following mortgaged properties are covered by environmental insurance policies obtained in lieu of a phase II or to address environmental conditions or concerns.
 
Loan
No.
 
Mortgaged
Property
 
Mortgage Loan
Cut-off Date
Balance
 
% of Initial
Outstanding
Pool Balance
 
Maximum Policy
Amount
 
Premium
Paid in Full
12
 
Susquehanna Valley Mall
 
$27,895,902
 
3.0%
 
$2,000,000
 
Yes
22
 
Rancho Penasquitos Towne Center I
 
$14,364,196
 
1.5%
 
$2,000,000
 
Yes
24
 
Rancho Penasquitos Towne Center II
 
$11,022,646
 
1.2%
 
$2,000,000
 
Yes
25
 
Southwood Manor MHC(A)
 
$11,000,933
 
1.2%
 
$2,000,000
 
Yes
27
 
Penland Park MHC(A)
 
$10,951,155
 
1.2%
 
$2,000,000
 
Yes
 

(A) One environmental insurance policy covers Southwood Manor MHC and Penland Park MHC.  The aggregate maximum policy amount of is $2,000,000 for both such properties together.
 
(20)
Loan No. 39 – Addison Place North – The Sponsor and non-recourse carve-out Guarantor, Richard F. Caster, along with other investors, guaranteed a loan from City National Bank of Florida (“City National”) related to investments in thirty-three townhome lots in Lake Worth, Florida.  That loan is in default.  City National filed suit against Caster and others on January 10, 2012.  Caster, along with other investors, are jointly and severally liable for a portion of the outstanding principal in the approximate amount of $1,456,000 (plus interest, costs and expenses) and  Castor further estimates that, given the value of the collateral, there is a potential deficiency of $2,040,000.  Caster and co-investors have had settlement discussions with City National and recently reached an agreement in principle to make a total payment of $800,000 to City National, of which $400,000 would be paid upon signing the settlement agreement and the remaining balance would be payable over five years with interest.  Mr. Caster’s pro rata share of this settlement is approximately $266,666.67 and he has indicated an intent to pay his full share immediately upon settlement.
   
 (21)
Summary of Existing Mezzanine Debt
 
Loan
No.
 
Mortgage Loan
 
Mortgage
Loan
Cut-off
Date
Balance
 
% of Initial
Outstanding
Pool
Balance
 
Mezzanine
Debt
Cut-off
Date
Principal
Balance
 
Annual
Interest
Rate on
Mezzanine
Loan
 
Mezzanine
Loan
Maturity
Date
 
Intercreditor
Agreement
 
Total
Debt
U/W
NCF
DSCR
 
Total
Debt
Cut-off
Date
LTV
3
 
Puerto Rico Retail Portfolio
 
$57,750,000
 
6.1%
 
$15,000,000
 
11.000% (1)
 
3/6/2022
 
Yes
 
1.13x
 
85.2%
21
 
BB&T Headquarters Building
 
$15,328,964
 
1.6%
 
$8,933,996
 
10.000% (2)
 
1/6/2013
 
Yes
 
1.25x
 
69.7%
 

(1) Increases to 12.000% per annum on March 6, 2017.
(2) If the mezzanine loan is not repaid in full by April 6, 2012, the interest rate will increase to 14.0000% per annum.
 
(22)
Summary of Existing Secured Debt

 
Loan
No.
 
Mortgage Loan
 
Cut-off Date
Balance
 
Subordinate Debt
Cut-off Date
Principal
Balance
 
Annual
Interest
Rate on
Subordinate
Balance
   
Subordinate
Loan
Mautiry
Date
 
Total
Mortgage
Debt U/W
NCF
DSCR
 
Total
Mortgage
Debt
Cut-off
Date LTV
4
 
 Hartman Portfolio
 
$56,514,846
 
$10,000,000
 
6.5000%
   
10/1/2018
 
1.14x
 
73.7%
 
(23)
Loan No. 11 – Piatt Place –The Piatt Place Mortgaged Property is encumbered by several subordinated financings structured as subordinate mortgages to qualify for certain tax credits under the New Markets Tax Credits program.  See “Description of the Mortgage Pool – Certain Terms and Conditions of the Mortgage Loans – New Markets Tax Credits” in the free writing prospectus. The total amount of outstanding subordinate debt is $16,813,000.


 
A-1-16