FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-260277-05 |
Benchmark 2024-V5
The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (File No. 333-260277) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the Securities and Exchange Commission for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Deutsche Bank Securities Inc., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by emailing: prospectus.cpdg@db.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.
This free writing prospectus does not contain all information that is required to be included in the prospectus.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
This material is for your information, and none of Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Barclays Capital Inc., BMO Capital Markets Corp., Goldman Sachs & Co. LLC, Academy Securities, Inc., Drexel Hamilton, LLC or any other underwriter, (collectively, the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal.
Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the preliminary prospectus relating to the Benchmark 2024-V5 Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series 2023-V1 (the "Offering Document"). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The information contained herein will be more fully described elsewhere in the Offering Document. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Underwriters or any of their respective affiliates makes any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities.
This document contains forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the depositor undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the issuer’s view only as of the date hereof.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address |
9 | |||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 8.5% | CREFI | CREFI | NAP | NAP | Various | |
1.01 | Property | 1 | Garfield Commons | 3.4% | 40.7% | 17673 Kingsbrooke Circle | |||||
1.02 | Property | 1 | Farmbrooke Manor | 2.1% | 25.3% | 36760 Farmbrook Drive | |||||
1.03 | Property | 1 | Warren Woods | 1.2% | 13.7% | 4385 Frazho Road | |||||
1.04 | Property | 1 | Highland Towers | 1.1% | 12.4% | 25225 Greenfield Road | |||||
1.05 | Property | 1 | Golf Manor | 0.7% | 7.9% | 30600 Little Mack Avenue | |||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 8.4% | 100.0% | DBNY, GSBI, JPMCB, BMO | GACC, GSMC | NAP | NAP | 1961 Chain Bridge Road |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 6.8% | DBRI, BMO | GACC, BMO | NAP | NAP | Various | |
3.01 | Property | 1 | 1111 Izaak Walton Road | 2.3% | 34.1% | 1111 Izaak Walton Road | |||||
3.02 | Property | 1 | 2000 Bolton Street | 1.7% | 24.5% | 2000 Bolton Street | |||||
3.03 | Property | 1 | 6420 Glenn Highway Road | 0.9% | 13.6% | 6420 Glenn Highway Road | |||||
3.04 | Property | 1 | 1 International Drive | 0.9% | 13.2% | 1 International Drive | |||||
3.05 | Property | 1 | 645 East Broad Street | 0.7% | 9.6% | 645 East Broad Street | |||||
3.06 | Property | 1 | 4825 Hoffman Street | 0.3% | 5.1% | 4825 Hoffman Street | |||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 6.8% | 100.0% | BMO | BMO, CREFI, GACC | NAP | NAP | 10100 International Drive |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 6.8% | BCREI | Barclays | NAP | NAP | Various | |
5.01 | Property | 1 | 509 & 515 West 110th Street | 3.3% | 49.2% | 509 and 515 West 110th Street | |||||
5.02 | Property | 1 | 517 West 113th Street | 1.1% | 16.9% | 517 West 113th Street | |||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | 1.1% | 15.6% | 652 and 664 West 163rd Street | |||||
5.04 | Property | 1 | 21 5th Avenue | 0.7% | 10.1% | 21 5th Avenue | |||||
5.05 | Property | 1 | 603 West 140th Street | 0.6% | 8.2% | 603 West 140th Street | |||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 6.3% | CREFI | CREFI | NAP | NAP | Various | |
6.01 | Property | 1 | New Orleans | 0.7% | 11.4% | 3021 Franklin Avenue | |||||
6.02 | Property | 1 | Loveland | 0.5% | 8.6% | 10900 Loveland Madeira Road | |||||
6.03 | Property | 1 | Anderson Storage | 0.5% | 8.4% | 862 and 854 Highway 28 Bypass | |||||
6.04 | Property | 1 | Higdon Road | 0.4% | 6.1% | 1801 Higdon Ferry Road | |||||
6.05 | Property | 1 | Lake Charles | 0.3% | 5.4% | 2727 Gerstner Memorial Drive and 2705 Industrial Avenue | |||||
6.06 | Property | 1 | Columbus | 0.3% | 4.9% | 3300 West Broad Street and 480 Exchange Drive | |||||
6.07 | Property | 1 | Danville | 0.3% | 4.9% | 623 East Voorhees Street | |||||
6.08 | Property | 1 | Files Road | 0.3% | 4.3% | 566 Files Road | |||||
6.09 | Property | 1 | Greencastle | 0.3% | 4.1% | 620 Tennessee Street | |||||
6.10 | Property | 1 | Hot Springs 267 | 0.2% | 3.3% | 267 Marion Anderson Road | |||||
6.11 | Property | 1 | Royal | 0.2% | 3.2% | 6061 Albert Pike Road | |||||
6.12 | Property | 1 | Winans | 0.2% | 3.2% | 109 Winans Avenue | |||||
6.13 | Property | 1 | Meridian | 0.2% | 2.7% | 1625 Tommy Webb Drive | |||||
6.14 | Property | 1 | Florence | 0.1% | 2.2% | 2034 US Highway 49 South | |||||
6.15 | Property | 1 | Lucedale 63 South | 0.1% | 2.2% | 3203 Highway 63 South | |||||
6.16 | Property | 1 | Hot Springs 176 | 0.1% | 2.0% | 176 Marion Anderson Road | |||||
6.17 | Property | 1 | Moulton | 0.1% | 1.9% | 15565 County Road 236 | |||||
6.18 | Property | 1 | Airport Road | 0.1% | 1.8% | 929 Airport Road | |||||
6.19 | Property | 1 | Central 6122 | 0.1% | 1.7% | 6122 Central Avenue | |||||
6.20 | Property | 1 | Higdon Ferry Road South | 0.1% | 1.5% | 2245 Higdon Ferry Road | |||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | 0.1% | 1.5% | 26005 AL Highway 24 | |||||
6.22 | Property | 1 | Moss Point | 0.1% | 1.5% | 2305 Mangrove Road | |||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | 0.1% | 1.3% | 4905 County Road 434 | |||||
6.24 | Property | 1 | Ernie’s | 0.1% | 1.2% | 2798 Airport Road | |||||
6.25 | Property | 1 | Marion Anderson Road | 0.1% | 1.2% | 260 Marion Anderson Road | |||||
6.26 | Property | 1 | Amity | 0.1% | 1.1% | 750 Amity Road | |||||
6.27 | Property | 1 | Cloverdale | 0.1% | 0.9% | 3 Stardust Way and 52 and 54 East Water Street | |||||
6.28 | Property | 1 | Mountain Pine Road | 0.1% | 0.9% | 144 Mountain Pine Road | |||||
6.29 | Property | 1 | Lucedale MS-613 | 0.1% | 0.9% | 6127 MS-613 | |||||
6.30 | Property | 1 | Crawfordsville | 0.1% | 0.8% | 414 Waynetown Road | |||||
6.31 | Property | 1 | Point Cedar | 0.0% | 0.8% | 3403 Highway 84 | |||||
6.32 | Property | 1 | Central 6045 | 0.0% | 0.8% | 6045 Central Avenue | |||||
6.33 | Property | 1 | Lucedale 63 North | 0.0% | 0.7% | 3181 Old Highway 63 North | |||||
6.34 | Property | 1 | Malvern Road | 0.0% | 0.7% | 4201 Malvern Road | |||||
6.35 | Property | 1 | John Owens | 0.0% | 0.6% | 204 John Owens Street | |||||
6.36 | Property | 1 | Town Creek | 0.0% | 0.6% | 20280 Alabama Highway 157 | |||||
6.37 | Property | 1 | Courtland | 0.0% | 0.5% | 28111 Highway 33 | |||||
6.38 | Property | 1 | Thibodaux | 0.0% | 0.3% | 1750 Highway 3185 | |||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 5.7% | 100.0% | CREFI | CREFI | NAP | NAP | 333 South Spruce Street |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 5.1% | 100.0% | GSBI, GACC, Natixis | GSMC, GACC | NAP | NAP | 1 Garden State Plaza |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 4.1% | 100.0% | DBRI | GACC | NAP | NAP | 17 South Fort Lauderdale Beach Boulevard |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 4.0% | 100.0% | DBNY, BANA, SGFC | GACC | NAP | NAP | 1299 Galleria at Tyler |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 3.5% | 100.0% | CREFI | CREFI | NAP | NAP | 18975 Marbach Lane |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 3.4% | CREFI | CREFI | NAP | NAP | Various | |
12.01 | Property | 1 | Davis Creek Apartments | 2.6% | 76.7% | 5419 Meredith Street | |||||
12.02 | Property | 1 | Canterbury East Apartments | 0.8% | 23.3% | 1518 and 1612 Canterbury Trail | |||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 3.3% | GSBI | GSMC | NAP | NAP | Various |
A-1-1 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address |
9 | |||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | 0.7% | 20.3% | 3850 East Miraloma Avenue | |||||
13.02 | Property | 1 | 260 Industrial Drive | 0.6% | 19.0% | 260 Industrial Drive | |||||
13.03 | Property | 1 | 770 Sunpark Drive | 0.6% | 18.1% | 770 Sunpark Drive | |||||
13.04 | Property | 1 | 2375 Highway 101 | 0.5% | 14.4% | 2375 Highway 101 | |||||
13.05 | Property | 1 | 7-10 Audrey Place | 0.4% | 11.1% | 7-10 Audrey Place | |||||
13.06 | Property | 1 | N915 Craftsman Drive | 0.3% | 10.4% | N915 Craftsman Drive | |||||
13.07 | Property | 1 | 7400 Pinemont Drive | 0.2% | 6.7% | 7400 Pinemont Drive | |||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 2.8% | 100.0% | BMO | BMO | NAP | NAP | 311 Pine Street |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 2.5% | 100.0% | GSBI | GSMC | NAP | NAP | 1441, 1445, 1447, 1449, 1451, 1453, 1455, 1457, 1459, 1461, 1463, 1465 and 1469 University Drive |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 2.1% | 100.0% | BCREI | Barclays | NAP | NAP | 10020-10070 Dorchester Road |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 2.1% | 100.0% | BCREI | Barclays | NAP | NAP | 333 West College Avenue |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 2.1% | BMO | BMO | NAP | NAP | Various | |
18.01 | Property | 1 | Garrett Woods Apartments | 0.8% | 38.7% | 300 6th Place South | |||||
18.02 | Property | 1 | Walnut Creek Apartments | 0.6% | 28.9% | 2139 Meriwood Drive | |||||
18.03 | Property | 1 | Live Marathon Apartments | 0.4% | 18.6% | 3400 Marathon Drive | |||||
18.04 | Property | 1 | Mason Drive Apartments | 0.3% | 13.9% | 26 Mason Drive | |||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 2.0% | 100.0% | BSPRT | Barclays | NAP | NAP | 3530 Damien Avenue |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 1.7% | 100.0% | BCREI | Barclays | NAP | NAP | 1939 North Meacham Road |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 1.3% | 100.0% | DBRI | GACC | NAP | NAP | 100 Valley Hill Road Southwest |
22 | Loan | 29 | 1 | Green Tree Villas | 1.2% | 100.0% | BMO | BMO | NAP | NAP | 1145 Frayser Boulevard |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 1.1% | 100.0% | CREFI | CREFI | NAP | NAP | 65 West 54th Street |
24 | Loan | 1 | Meadowbrook Apartments | 1.1% | 100.0% | BMO | BMO | NAP | NAP | 3700 East Brookstown Drive | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 1.0% | 100.0% | CREFI | CREFI | NAP | NAP | 2300 Village Drive East |
26 | Loan | 20 | 1 | Four Points Greensboro | 1.0% | 100.0% | DBRI | GACC | NAP | NAP | 7619 Thorndike Road |
27 | Loan | 12, 31 | 1 | 575 Degraw | 0.9% | 100.0% | CREFI | CREFI | NAP | NAP | 575 Degraw Street |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 0.9% | CREFI | CREFI | NAP | NAP | Various | |
28.01 | Property | 1 | 131 Hancock Ave | 0.2% | 26.9% | 131 Hancock Avenue | |||||
28.02 | Property | 1 | 69 Lincoln Street | 0.2% | 22.4% | 69 Lincoln Street | |||||
28.03 | Property | 1 | 64 Logan Ave | 0.2% | 17.5% | 64 Logan Avenue | |||||
28.04 | Property | 1 | 128 Bayview Ave | 0.1% | 17.0% | 128 Bayview Avenue | |||||
28.05 | Property | 1 | 128 St. Paul's Ave | 0.1% | 16.1% | 128 Saint Pauls Avenue | |||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 0.8% | 100.0% | BCREI, JPMCB, WFB | Barclays | NAP | NAP | 1201 and 1113 Market Street |
30 | Loan | 1 | Palm Beach Commons | 0.7% | 100.0% | CREFI | CREFI | NAP | NAP | 1230 North Military Trail | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 0.6% | 100.0% | CREFI | CREFI | Group 2 | NAP | 537 Edgecombe Avenue |
32 | Loan | 18, 35 | 1 | The Dylan | 0.5% | 100.0% | DBRI | GACC | NAP | NAP | 4501 Brownfield Drive |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 0.5% | CREFI | CREFI | Group 1 | NAP | Various | |
33.01 | Property | 1 | Dayville Storage | 0.2% | 39.4% | 1019 North Main Street | |||||
33.02 | Property | 1 | Mechanic Street Storage | 0.2% | 34.3% | 221 Mechanic Street | |||||
33.03 | Property | 1 | Brooklyn Self Storage | 0.1% | 26.3% | 313 Allen Hill Road | |||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 0.3% | 100.0% | CREFI | CREFI | Group 2 | NAP | 18-67 Cornelia Street |
35 | Loan | 1 | Cityline Livingston Storage | 0.3% | 100.0% | CREFI | CREFI | Group 1 | NAP | 3835 West Grand River Avenue | |
36 | Loan | 1 | Enon Storage | 0.3% | 100.0% | BCREI | Barclays | Group 1 | NAP | 368 Enon Road |
A-1-2 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built |
13 | |||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | Various | Various | Michigan | Various | Multifamily | Various | Various |
1.01 | Property | 1 | Garfield Commons | Clinton Township | Macomb | Michigan | 48038 | Multifamily | Garden | 1988 | |
1.02 | Property | 1 | Farmbrooke Manor | Clinton Township | Macomb | Michigan | 48035 | Multifamily | Garden | 1975 | |
1.03 | Property | 1 | Warren Woods | Warren | Macomb | Michigan | 48091 | Multifamily | Garden | 1970 | |
1.04 | Property | 1 | Highland Towers | Southfield | Oakland | Michigan | 48075 | Multifamily | Age Restricted | 1977 | |
1.05 | Property | 1 | Golf Manor | Roseville | Macomb | Michigan | 48066 | Multifamily | Garden | 1969 | |
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | McLean | Fairfax | Virginia | 22102 | Retail | Super Regional Mall | 1968 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | Various | Various | Various | Various | Industrial | Various | Various |
3.01 | Property | 1 | 1111 Izaak Walton Road | Seward | Seward | Nebraska | 68434 | Industrial | Warehouse/Distribution | 1974 | |
3.02 | Property | 1 | 2000 Bolton Street | Paragould | Greene | Arkansas | 72450 | Industrial | Warehouse/Distribution | 1989 | |
3.03 | Property | 1 | 6420 Glenn Highway Road | Cambridge | Guernsey | Ohio | 43725 | Industrial | Manufacturing | 1953, 1957, 1960, 1991, 1992 | |
3.04 | Property | 1 | 1 International Drive | Monroe | Monroe | Michigan | 48161 | Industrial | Flex | 1973 | |
3.05 | Property | 1 | 645 East Broad Street | Smithville | DeKalb | Tennessee | 37166 | Industrial | Flex | 1988 | |
3.06 | Property | 1 | 4825 Hoffman Street | Elkhart | Elkhart | Indiana | 46516 | Industrial | Flex | 1996 | |
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | Orlando | Orange | Florida | 32821 | Hospitality | Full Service | 1981 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | Various | Various | New York | Various | Multifamily | Various | Various |
5.01 | Property | 1 | 509 & 515 West 110th Street | New York | New York | New York | 10025 | Multifamily | High Rise | 1909 | |
5.02 | Property | 1 | 517 West 113th Street | New York | New York | New York | 10025 | Multifamily | Mid Rise | 1919 | |
5.03 | Property | 1 | 652 and 664 West 163rd Street | New York | New York | New York | 10032 | Multifamily | Mid Rise | 1923 | |
5.04 | Property | 1 | 21 5th Avenue | Pelham | Westchester | New York | 10803 | Multifamily | Mid Rise | 1922 | |
5.05 | Property | 1 | 603 West 140th Street | New York | New York | New York | 10031 | Multifamily | Mid Rise | 1910 | |
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | Various | Various | Various | Various | Self Storage | Self Storage | Various |
6.01 | Property | 1 | New Orleans | New Orleans | Orleans | Louisiana | 70122 | Self Storage | Self Storage | 2010 | |
6.02 | Property | 1 | Loveland | Loveland | Hamilton | Ohio | 45140 | Self Storage | Self Storage | 1976 | |
6.03 | Property | 1 | Anderson Storage | Anderson | Anderson | South Carolina | 29624 | Self Storage | Self Storage | 1991 | |
6.04 | Property | 1 | Higdon Road | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 1998 | |
6.05 | Property | 1 | Lake Charles | Lake Charles | Calcasieu | Louisiana | 70615 | Self Storage | Self Storage | 1985, 1990 | |
6.06 | Property | 1 | Columbus | Columbus | Franklin | Ohio | 43204 | Self Storage | Self Storage | 1988, 1989 | |
6.07 | Property | 1 | Danville | Danville | Vermilion | Illinois | 61832 | Self Storage | Self Storage | 2000 | |
6.08 | Property | 1 | Files Road | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2005 | |
6.09 | Property | 1 | Greencastle | Greencastle | Putnam | Indiana | 46135 | Self Storage | Self Storage | 1981 | |
6.10 | Property | 1 | Hot Springs 267 | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2004 | |
6.11 | Property | 1 | Royal | Royal | Garland | Arkansas | 71968 | Self Storage | Self Storage | 2006 | |
6.12 | Property | 1 | Winans | Hot Springs | Garland | Arkansas | 71901 | Self Storage | Self Storage | 1983 | |
6.13 | Property | 1 | Meridian | Meridian | Lauderdale | Mississippi | 39307 | Self Storage | Self Storage | 1990, 1995, 1998 | |
6.14 | Property | 1 | Florence | Florence | Rankin | Mississippi | 39073 | Self Storage | Self Storage | 1988, 2000 | |
6.15 | Property | 1 | Lucedale 63 South | Lucedale | George | Mississippi | 39452 | Self Storage | Self Storage | 2006 | |
6.16 | Property | 1 | Hot Springs 176 | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2005 | |
6.17 | Property | 1 | Moulton | Moulton | Lawrence | Alabama | 35650 | Self Storage | Self Storage | 1998 | |
6.18 | Property | 1 | Airport Road | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 1996 | |
6.19 | Property | 1 | Central 6122 | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 1997 | |
6.20 | Property | 1 | Higdon Ferry Road South | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 1996 | |
6.21 | Property | 1 | Trinity - Al. Hwy 24 | Trinity | Lawrence | Alabama | 35673 | Self Storage | Self Storage | 2000 | |
6.22 | Property | 1 | Moss Point | Moss Point | Jackson | Mississippi | 39562 | Self Storage | Self Storage | 1999 | |
6.23 | Property | 1 | Trinity - Co. Rd. 434 | Trinity | Lawrence | Alabama | 35673 | Self Storage | Self Storage | 1998 | |
6.24 | Property | 1 | Ernie’s | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2001 | |
6.25 | Property | 1 | Marion Anderson Road | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 1999 | |
6.26 | Property | 1 | Amity | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2001 | |
6.27 | Property | 1 | Cloverdale | Cloverdale | Putnam | Indiana | 46120 | Self Storage | Self Storage | 1976 | |
6.28 | Property | 1 | Mountain Pine Road | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 1990 | |
6.29 | Property | 1 | Lucedale MS-613 | Lucedale | George | Mississippi | 39452 | Self Storage | Self Storage | 2019 | |
6.30 | Property | 1 | Crawfordsville | Crawfordsville | Montgomery | Indiana | 47933 | Self Storage | Self Storage | 1984 | |
6.31 | Property | 1 | Point Cedar | Bismarck | Hot Spring | Arkansas | 71929 | Self Storage | Self Storage | 1975 | |
6.32 | Property | 1 | Central 6045 | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2006 | |
6.33 | Property | 1 | Lucedale 63 North | Lucedale | George | Mississippi | 39452 | Self Storage | Self Storage | 2006 | |
6.34 | Property | 1 | Malvern Road | Hot Springs | Garland | Arkansas | 71901 | Self Storage | Self Storage | 2001 | |
6.35 | Property | 1 | John Owens | Hot Springs | Garland | Arkansas | 71913 | Self Storage | Self Storage | 2010 | |
6.36 | Property | 1 | Town Creek | Town Creek | Lawrence | Alabama | 35672 | Self Storage | Self Storage | 1990 | |
6.37 | Property | 1 | Courtland | Courtland | Lawrence | Alabama | 35618 | Self Storage | Self Storage | 1990 | |
6.38 | Property | 1 | Thibodaux | Thibodaux | LaFourche | Louisiana | 70301 | Self Storage | Self Storage | 2010 | |
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | Manteno | Kankakee | Illinois | 60950 | Industrial | Warehouse/Distribution | 1991 |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | Paramus | Bergen | New Jersey | 07652 | Retail | Super Regional Mall | 1957 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | Fort Lauderdale | Broward | Florida | 33316 | Retail | Anchored | 1996 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | Riverside | Riverside | California | 92503 | Retail | Super Regional Mall | 1970 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | San Antonio | Comal | Texas | 78266 | Self Storage | Self Storage | 1974, 1989, 1992, 1994-1995, 1997-1999, 2004, 2009, 2011, 2015, 2021 |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | Various | Various | Michigan | Various | Multifamily | Garden | Various |
12.01 | Property | 1 | Davis Creek Apartments | Portage | Kalamazoo | Michigan | 49002 | Multifamily | Garden | 1968 | |
12.02 | Property | 1 | Canterbury East Apartments | Mount Pleasant | Isabella | Michigan | 48858 | Multifamily | Garden | 1979 | |
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | Various | Various | Various | Various | Industrial | Warehouse/Manufacturing | Various |
A-1-3 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built |
13 | |||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | Anaheim | Orange | California | 92806 | Industrial | Warehouse/Manufacturing | 1973 | |
13.02 | Property | 1 | 260 Industrial Drive | Pontotoc | Pontotoc | Mississippi | 38863 | Industrial | Warehouse/Manufacturing | 1989 | |
13.03 | Property | 1 | 770 Sunpark Drive | Fenton | Jefferson | Missouri | 63026 | Industrial | Warehouse/Manufacturing | 1997 | |
13.04 | Property | 1 | 2375 Highway 101 | Greer | Spartanburg | South Carolina | 29651 | Industrial | Warehouse/Manufacturing | 1997 | |
13.05 | Property | 1 | 7-10 Audrey Place | Fairfield | Essex | New Jersey | 07004 | Industrial | Warehouse/Manufacturing | 1972 | |
13.06 | Property | 1 | N915 Craftsman Drive | Greenville | Outagamie | Wisconsin | 54942 | Industrial | Warehouse/Manufacturing | 1994, 1997, 2010, 2017 | |
13.07 | Property | 1 | 7400 Pinemont Drive | Houston | Harris | Texas | 77040 | Industrial | Warehouse/Manufacturing | 1977 | |
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | Jersey City | Hudson | New Jersey | 07304 | Multifamily | Mid Rise | 2023 |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | Burlington | Alamance | North Carolina | 27215 | Retail | Anchored | 2005 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | Summerville | Dorchester | South Carolina | 29485 | Retail | Anchored | 1997 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | Appleton | Outagamie | Wisconsin | 54911 | Other | Leased Fee | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | Various | Various | Various | Various | Multifamily | Garden | Various |
18.01 | Property | 1 | Garrett Woods Apartments | Phenix City | Russell | Alabama | 36869 | Multifamily | Garden | 1970 | |
18.02 | Property | 1 | Walnut Creek Apartments | Macon | Bibb | Georgia | 31211 | Multifamily | Garden | 1968 | |
18.03 | Property | 1 | Live Marathon Apartments | Columbus | Muscogee | Georgia | 31903 | Multifamily | Garden | 1967 | |
18.04 | Property | 1 | Mason Drive Apartments | Columbus | Muscogee | Georgia | 31903 | Multifamily | Garden | 1964 | |
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | La Verne | Los Angeles | California | 91750 | Manufactured Housing | Manufactured Housing | 1964 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | Schaumburg | Cook | Illinois | 60173 | Hospitality | Full Service | 1984 |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | Riverdale | Clayton | Georgia | 30274 | Multifamily | Garden | 1971 |
22 | Loan | 29 | 1 | Green Tree Villas | Memphis | Shelby | Tennessee | 38127 | Multifamily | Garden | 1969 |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | New York | New York | New York | 10019 | Hospitality | Full Service | 1926 |
24 | Loan | 1 | Meadowbrook Apartments | Baton Rouge | East Baton Rouge | Louisiana | 70805 | Multifamily | Garden | 1974 | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | Maumee | Lucas | Ohio | 43537 | Hospitality | Extended Stay | 2008 |
26 | Loan | 20 | 1 | Four Points Greensboro | Greensboro | Guilford | North Carolina | 27409 | Hospitality | Select Service | 1996 |
27 | Loan | 12, 31 | 1 | 575 Degraw | Brooklyn | Kings | New York | 11217 | Mixed Use | Medical Office/Retail | 1950 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | Jersey City | Hudson | New Jersey | Various | Various | Various | Various |
28.01 | Property | 1 | 131 Hancock Ave | Jersey City | Hudson | New Jersey | 07307 | Multifamily | Garden | 1920 | |
28.02 | Property | 1 | 69 Lincoln Street | Jersey City | Hudson | New Jersey | 07307 | Multifamily | Garden | 1890 | |
28.03 | Property | 1 | 64 Logan Ave | Jersey City | Hudson | New Jersey | 07306 | Mixed Use | Multifamily/Retail | 1920 | |
28.04 | Property | 1 | 128 Bayview Ave | Jersey City | Hudson | New Jersey | 07305 | Multifamily | Garden | 1900 | |
28.05 | Property | 1 | 128 St. Paul's Ave | Jersey City | Hudson | New Jersey | 07306 | Multifamily | Garden | 1890 | |
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | Philadelphia | Philadelphia | Pennsylvania | 19107 | Hospitality | Full Service | 1990, 1995 |
30 | Loan | 1 | Palm Beach Commons | West Palm Beach | Palm Beach | Florida | 33409 | Retail | Anchored | 1978 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | New York | New York | New York | 10032 | Multifamily | Mid Rise | 1913 |
32 | Loan | 18, 35 | 1 | The Dylan | Lubbock | Lubbock | Texas | 79410 | Multifamily | Garden | 1972 |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | Various | Windham | Connecticut | Various | Self Storage | Self Storage | Various |
33.01 | Property | 1 | Dayville Storage | Killingly | Windham | Connecticut | 06241 | Self Storage | Self Storage | 1988, 2001, 2005 | |
33.02 | Property | 1 | Mechanic Street Storage | Danielson | Windham | Connecticut | 06239 | Self Storage | Self Storage | 1990, 2000, 2004, 2005 | |
33.03 | Property | 1 | Brooklyn Self Storage | Brooklyn | Windham | Connecticut | 06234 | Self Storage | Self Storage | 1941, 1968, 1980, 2023 | |
34 | Loan | 13 | 1 | 18-67 Cornelia Street | Ridgewood | Queens | New York | 11385 | Multifamily | Low Rise | 1930 |
35 | Loan | 1 | Cityline Livingston Storage | Howell | Livingston | Michigan | 48855 | Self Storage | Self Storage | 2002 | |
36 | Loan | 1 | Enon Storage | Enon | Clark | Ohio | 45323 | Self Storage | Self Storage | 1986 |
A-1-4 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % |
12 | 10, 12 | 11 | 11 | 14 | 1, 14 | ||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | Various | 1,390 | Units | 53,956.83 | 75,000,000 | 75,000,000 | 75,000,000 | 7.32000% | 0.0444600% |
1.01 | Property | 1 | Garfield Commons | NAP | 496 | Units | 30,500,000 | 30,500,000 | 30,500,000 | ||||
1.02 | Property | 1 | Farmbrooke Manor | 2023 | 320 | Units | 19,000,000 | 19,000,000 | 19,000,000 | ||||
1.03 | Property | 1 | Warren Woods | NAP | 192 | Units | 10,250,000 | 10,250,000 | 10,250,000 | ||||
1.04 | Property | 1 | Highland Towers | NAP | 262 | Units | 9,300,000 | 9,300,000 | 9,300,000 | ||||
1.05 | Property | 1 | Golf Manor | 2022 | 120 | Units | 5,950,000 | 5,950,000 | 5,950,000 | ||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 1989, 2005 | 1,793,638 | SF | 395.84 | 73,960,000 | 73,960,000 | 73,960,000 | 6.60060% | 0.0170725% |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | Various | 1,538,760 | SF | 38.99 | 60,000,000 | 60,000,000 | 60,000,000 | 7.58500% | 0.0157100% |
3.01 | Property | 1 | 1111 Izaak Walton Road | 2012 | 550,344 | SF | 20,431,000 | 20,431,000 | 20,431,000 | ||||
3.02 | Property | 1 | 2000 Bolton Street | 2022 | 300,000 | SF | 14,677,000 | 14,677,000 | 14,677,000 | ||||
3.03 | Property | 1 | 6420 Glenn Highway Road | NAP | 176,700 | SF | 8,160,000 | 8,160,000 | 8,160,000 | ||||
3.04 | Property | 1 | 1 International Drive | 1996 | 195,916 | SF | 7,926,000 | 7,926,000 | 7,926,000 | ||||
3.05 | Property | 1 | 645 East Broad Street | 2022 | 230,000 | SF | 5,753,000 | 5,753,000 | 5,753,000 | ||||
3.06 | Property | 1 | 4825 Hoffman Street | NAP | 85,800 | SF | 3,053,000 | 3,053,000 | 3,053,000 | ||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 2018, 2022 | 1,042 | Rooms | 81,573.90 | 60,000,000 | 60,000,000 | 60,000,000 | 7.75000% | 0.0157100% |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | Various | 435 | Units | 193,333.33 | 60,000,000 | 60,000,000 | 60,000,000 | 6.91000% | 0.0257100% |
5.01 | Property | 1 | 509 & 515 West 110th Street | 1988, 2019-2023 | 176 | Units | 29,521,998 | 29,521,998 | 29,521,998 | ||||
5.02 | Property | 1 | 517 West 113th Street | 1987, 2019-2023 | 45 | Units | 10,145,065 | 10,145,065 | 10,145,065 | ||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | 1987, 2019-2023 | 106 | Units | 9,360,285 | 9,360,285 | 9,360,285 | ||||
5.04 | Property | 1 | 21 5th Avenue | 2019-2023 | 53 | Units | 6,057,075 | 6,057,075 | 6,057,075 | ||||
5.05 | Property | 1 | 603 West 140th Street | 1987, 2019-2023 | 55 | Units | 4,915,577 | 4,915,577 | 4,915,577 | ||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | Various | 1,135,541 | SF | 48.88 | 55,500,000 | 55,500,000 | 55,500,000 | 4.50000% | 0.0157100% |
6.01 | Property | 1 | New Orleans | NAP | 48,575 | SF | 6,331,266 | 6,331,266 | 6,331,266 | ||||
6.02 | Property | 1 | Loveland | NAP | 76,390 | SF | 4,763,817 | 4,763,817 | 4,763,817 | ||||
6.03 | Property | 1 | Anderson Storage | 2023 | 92,692 | SF | 4,640,879 | 4,640,879 | 4,640,879 | ||||
6.04 | Property | 1 | Higdon Road | NAP | 51,190 | SF | 3,380,773 | 3,380,773 | 3,380,773 | ||||
6.05 | Property | 1 | Lake Charles | 2022 | 61,185 | SF | 3,011,961 | 3,011,961 | 3,011,961 | ||||
6.06 | Property | 1 | Columbus | NAP | 46,535 | SF | 2,735,353 | 2,735,353 | 2,735,353 | ||||
6.07 | Property | 1 | Danville | NAP | 57,625 | SF | 2,704,618 | 2,704,618 | 2,704,618 | ||||
6.08 | Property | 1 | Files Road | 2018 | 55,227 | SF | 2,397,275 | 2,397,275 | 2,397,275 | ||||
6.09 | Property | 1 | Greencastle | NAP | 49,390 | SF | 2,274,338 | 2,274,338 | 2,274,338 | ||||
6.10 | Property | 1 | Hot Springs 267 | NAP | 49,670 | SF | 1,844,058 | 1,844,058 | 1,844,058 | ||||
6.11 | Property | 1 | Royal | 2009 | 67,780 | SF | 1,782,589 | 1,782,589 | 1,782,589 | ||||
6.12 | Property | 1 | Winans | 2017 | 45,400 | SF | 1,782,589 | 1,782,589 | 1,782,589 | ||||
6.13 | Property | 1 | Meridian | 1998 | 23,850 | SF | 1,475,246 | 1,475,246 | 1,475,246 | ||||
6.14 | Property | 1 | Florence | NAP | 34,800 | SF | 1,229,372 | 1,229,372 | 1,229,372 | ||||
6.15 | Property | 1 | Lucedale 63 South | 2020 | 20,750 | SF | 1,198,638 | 1,198,638 | 1,198,638 | ||||
6.16 | Property | 1 | Hot Springs 176 | NAP | 44,020 | SF | 1,106,435 | 1,106,435 | 1,106,435 | ||||
6.17 | Property | 1 | Moulton | 2001 | 25,400 | SF | 1,060,333 | 1,060,333 | 1,060,333 | ||||
6.18 | Property | 1 | Airport Road | NAP | 16,250 | SF | 998,865 | 998,865 | 998,865 | ||||
6.19 | Property | 1 | Central 6122 | NAP | 26,725 | SF | 952,763 | 952,763 | 952,763 | ||||
6.20 | Property | 1 | Higdon Ferry Road South | NAP | 23,132 | SF | 829,826 | 829,826 | 829,826 | ||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | 2022 | 17,250 | SF | 829,826 | 829,826 | 829,826 | ||||
6.22 | Property | 1 | Moss Point | NAP | 16,750 | SF | 814,459 | 814,459 | 814,459 | ||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAP | 16,100 | SF | 737,623 | 737,623 | 737,623 | ||||
6.24 | Property | 1 | Ernie’s | 2004 | 14,550 | SF | 660,787 | 660,787 | 660,787 | ||||
6.25 | Property | 1 | Marion Anderson Road | 2004 | 12,450 | SF | 645,420 | 645,420 | 645,420 | ||||
6.26 | Property | 1 | Amity | 2003 | 17,710 | SF | 633,127 | 633,127 | 633,127 | ||||
6.27 | Property | 1 | Cloverdale | NAP | 15,000 | SF | 522,486 | 522,486 | 522,486 | ||||
6.28 | Property | 1 | Mountain Pine Road | 2008 | 9,250 | SF | 497,896 | 497,896 | 497,896 | ||||
6.29 | Property | 1 | Lucedale MS-613 | NAP | 6,150 | SF | 476,382 | 476,382 | 476,382 | ||||
6.30 | Property | 1 | Crawfordsville | NAP | 14,250 | SF | 461,015 | 461,015 | 461,015 | ||||
6.31 | Property | 1 | Point Cedar | NAP | 11,830 | SF | 430,280 | 430,280 | 430,280 | ||||
6.32 | Property | 1 | Central 6045 | NAP | 17,640 | SF | 417,986 | 417,986 | 417,986 | ||||
6.33 | Property | 1 | Lucedale 63 North | 2008 | 6,800 | SF | 384,179 | 384,179 | 384,179 | ||||
6.34 | Property | 1 | Malvern Road | NAP | 9,000 | SF | 368,812 | 368,812 | 368,812 | ||||
6.35 | Property | 1 | John Owens | 2022 | 10,400 | SF | 331,930 | 331,930 | 331,930 | ||||
6.36 | Property | 1 | Town Creek | NAP | 11,975 | SF | 322,710 | 322,710 | 322,710 | ||||
6.37 | Property | 1 | Courtland | NAP | 7,900 | SF | 291,976 | 291,976 | 291,976 | ||||
6.38 | Property | 1 | Thibodaux | 2022 | 3,950 | SF | 172,112 | 172,112 | 172,112 | ||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | NAP | 1,546,575 | SF | 50.92 | 50,000,000 | 50,000,000 | 50,000,000 | 6.60000% | 0.0157100% |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 1981, 1986, 1993, 1994, 2014, 2017, 2021 | 2,057,906 | SF | 255.11 | 45,000,000 | 45,000,000 | 45,000,000 | 6.61300% | 0.0241276666666667% |
9 | Loan | 18, 28, 36 | 1 | Beach Place | NAP | 95,778 | SF | 375.87 | 36,000,000 | 36,000,000 | 36,000,000 | 7.31000% | 0.0157100% |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 1991, 2007 | 565,913 | SF | 265.06 | 35,000,000 | 35,000,000 | 35,000,000 | 7.91900% | 0.0169600% |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | 401,018 | SF | 77.12 | 30,925,000 | 30,925,000 | 30,925,000 | 7.42000% | 0.0157100% |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | Various | 559 | Units | 53,667.26 | 30,000,000 | 30,000,000 | 30,000,000 | 6.75000% | 0.0257100% |
12.01 | Property | 1 | Davis Creek Apartments | 2013 | 407 | Units | 23,000,000 | 23,000,000 | 23,000,000 | ||||
12.02 | Property | 1 | Canterbury East Apartments | 2003 | 152 | Units | 7,000,000 | 7,000,000 | 7,000,000 | ||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | Various | 633,957 | SF | 46.72 | 29,616,950 | 29,616,950 | 29,616,950 | 5.69000% | 0.0157100% |
A-1-5 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % |
12 | 10, 12 | 11 | 11 | 14 | 1, 14 | ||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAP | 35,910 | SF | 6,006,000 | 6,006,000 | 6,006,000 | ||||
13.02 | Property | 1 | 260 Industrial Drive | 2014 | 191,311 | SF | 5,633,558 | 5,633,558 | 5,633,558 | ||||
13.03 | Property | 1 | 770 Sunpark Drive | NAP | 132,848 | SF | 5,358,203 | 5,358,203 | 5,358,203 | ||||
13.04 | Property | 1 | 2375 Highway 101 | NAP | 128,888 | SF | 4,253,304 | 4,253,304 | 4,253,304 | ||||
13.05 | Property | 1 | 7-10 Audrey Place | 2023 | 32,000 | SF | 3,285,333 | 3,285,333 | 3,285,333 | ||||
13.06 | Property | 1 | N915 Craftsman Drive | NAP | 78,000 | SF | 3,091,386 | 3,091,386 | 3,091,386 | ||||
13.07 | Property | 1 | 7400 Pinemont Drive | 1994 | 35,000 | SF | 1,989,166 | 1,989,166 | 1,989,166 | ||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | 56 | Units | 446,428.57 | 25,000,000 | 25,000,000 | 25,000,000 | 6.63000% | 0.0157100% |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | NAP | 227,736 | SF | 95.51 | 21,750,000 | 21,750,000 | 21,750,000 | 7.95000% | 0.0157100% |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 2017, 2023 | 137,179 | SF | 135.95 | 18,650,000 | 18,650,000 | 18,650,000 | 6.60000% | 0.0157100% |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | 124,289 | SF | 148.36 | 18,440,000 | 18,440,000 | 18,440,000 | 6.67000% | 0.0157100% |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | Various | 343 | Units | 53,498.54 | 18,350,000 | 18,350,000 | 18,350,000 | 6.74000% | 0.0157100% |
18.01 | Property | 1 | Garrett Woods Apartments | 2020 | 135 | Units | 7,094,000 | 7,094,000 | 7,094,000 | ||||
18.02 | Property | 1 | Walnut Creek Apartments | 2023 | 88 | Units | 5,298,000 | 5,298,000 | 5,298,000 | ||||
18.03 | Property | 1 | Live Marathon Apartments | 2020 | 64 | Units | 3,414,000 | 3,414,000 | 3,414,000 | ||||
18.04 | Property | 1 | Mason Drive Apartments | 2020 | 56 | Units | 2,544,000 | 2,544,000 | 2,544,000 | ||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | 286 | Pads | 63,286.71 | 18,100,000 | 18,100,000 | 18,100,000 | 7.27500% | 0.0157100% |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 2018 | 209 | Rooms | 73,564.59 | 15,375,000 | 15,375,000 | 15,375,000 | 8.95000% | 0.0157100% |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 2022 | 91 | Units | 124,725.27 | 11,350,000 | 11,350,000 | 11,350,000 | 6.30900% | 0.0157100% |
22 | Loan | 29 | 1 | Green Tree Villas | 2023 | 148 | Units | 70,945.95 | 10,500,000 | 10,500,000 | 10,500,000 | 8.18000% | 0.0157100% |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 2014 | 426 | Rooms | 165,492.96 | 10,000,000 | 10,000,000 | 10,000,000 | 7.42000% | 0.0157100% |
24 | Loan | 1 | Meadowbrook Apartments | 2019 | 200 | Units | 47,000.00 | 9,400,000 | 9,400,000 | 9,400,000 | 7.29000% | 0.0157100% | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 2015 | 122 | Rooms | 69,672.13 | 8,500,000 | 8,500,000 | 8,108,260 | 7.61000% | 0.0157100% |
26 | Loan | 20 | 1 | Four Points Greensboro | 2018 | 112 | Rooms | 75,892.86 | 8,500,000 | 8,500,000 | 8,500,000 | 7.27200% | 0.0157100% |
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | 40,000 | SF | 207.50 | 8,300,000 | 8,300,000 | 8,300,000 | 8.59000% | 0.0157100% |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 2023 | 28 | Units | 275,000.00 | 7,700,000 | 7,700,000 | 7,700,000 | 7.61000% | 0.0157100% |
28.01 | Property | 1 | 131 Hancock Ave | 2023 | 6 | Units | 2,072,000 | 2,072,000 | 2,072,000 | ||||
28.02 | Property | 1 | 69 Lincoln Street | 2023 | 6 | Units | 1,726,000 | 1,726,000 | 1,726,000 | ||||
28.03 | Property | 1 | 64 Logan Ave | 2023 | 4 | Units | 1,347,000 | 1,347,000 | 1,347,000 | ||||
28.04 | Property | 1 | 128 Bayview Ave | 2023 | 6 | Units | 1,312,000 | 1,312,000 | 1,312,000 | ||||
28.05 | Property | 1 | 128 St. Paul's Ave | 2023 | 6 | Units | 1,243,000 | 1,243,000 | 1,243,000 | ||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 2023 | 1,408 | Rooms | 152,698.86 | 6,666,667 | 6,666,667 | 6,666,667 | 8.70500% | 0.0157100% |
30 | Loan | 1 | Palm Beach Commons | 2019 | 70,025 | SF | 85.68 | 6,000,000 | 6,000,000 | 6,000,000 | 7.85000% | 0.0157100% | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 2022 | 10 | Units | 530,000.00 | 5,300,000 | 5,300,000 | 5,300,000 | 7.30000% | 0.0157100% |
32 | Loan | 18, 35 | 1 | The Dylan | 2022 | 122 | Units | 36,393.44 | 4,440,000 | 4,440,000 | 4,440,000 | 7.55100% | 0.0157100% |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | Various | 65,399 | SF | 63.99 | 4,185,000 | 4,185,000 | 4,185,000 | 7.48000% | 0.0157100% |
33.01 | Property | 1 | Dayville Storage | NAP | 23,975 | SF | 1,650,000 | 1,650,000 | 1,650,000 | ||||
33.02 | Property | 1 | Mechanic Street Storage | NAP | 20,550 | SF | 1,435,000 | 1,435,000 | 1,435,000 | ||||
33.03 | Property | 1 | Brooklyn Self Storage | 2015 | 20,874 | SF | 1,100,000 | 1,100,000 | 1,100,000 | ||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 2019 | 6 | Units | 466,666.67 | 2,800,000 | 2,800,000 | 2,800,000 | 7.66000% | 0.0157100% |
35 | Loan | 1 | Cityline Livingston Storage | NAP | 43,500 | SF | 51.72 | 2,250,000 | 2,250,000 | 2,250,000 | 7.46000% | 0.0157100% | |
36 | Loan | 1 | Enon Storage | 2000 | 29,644 | SF | 75.90 | 2,250,000 | 2,250,000 | 2,250,000 | 6.95500% | 0.0157100% |
A-1-6 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) |
2, 15 | 15 | 2, 15 | 15 | ||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 7.2755400% | NAP | 463,854.17 | NAP | 5,566,250.04 | Interest Only | No | Actual/360 | 60 |
1.01 | Property | 1 | Garfield Commons | ||||||||||
1.02 | Property | 1 | Farmbrooke Manor | ||||||||||
1.03 | Property | 1 | Warren Woods | ||||||||||
1.04 | Property | 1 | Highland Towers | ||||||||||
1.05 | Property | 1 | Golf Manor | ||||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 6.5835275% | NAP | 412,467.22 | NAP | 4,949,606.64 | Interest Only | No | Actual/360 | 60 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 7.5692900% | NAP | 384,517.36 | NAP | 4,614,208.32 | Interest Only | No | Actual/360 | 60 |
3.01 | Property | 1 | 1111 Izaak Walton Road | ||||||||||
3.02 | Property | 1 | 2000 Bolton Street | ||||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | ||||||||||
3.04 | Property | 1 | 1 International Drive | ||||||||||
3.05 | Property | 1 | 645 East Broad Street | ||||||||||
3.06 | Property | 1 | 4825 Hoffman Street | ||||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 7.7342900% | NAP | 392,881.94 | NAP | 4,714,583.28 | Interest Only | No | Actual/360 | 60 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 6.8842900% | NAP | 350,298.61 | NAP | 4,203,583.32 | Interest Only | No | Actual/360 | 60 |
5.01 | Property | 1 | 509 & 515 West 110th Street | ||||||||||
5.02 | Property | 1 | 517 West 113th Street | ||||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | ||||||||||
5.04 | Property | 1 | 21 5th Avenue | ||||||||||
5.05 | Property | 1 | 603 West 140th Street | ||||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 4.4842900% | NAP | 211,015.63 | NAP | 2,532,187.56 | Interest Only | No | Actual/360 | 60 |
6.01 | Property | 1 | New Orleans | ||||||||||
6.02 | Property | 1 | Loveland | ||||||||||
6.03 | Property | 1 | Anderson Storage | ||||||||||
6.04 | Property | 1 | Higdon Road | ||||||||||
6.05 | Property | 1 | Lake Charles | ||||||||||
6.06 | Property | 1 | Columbus | ||||||||||
6.07 | Property | 1 | Danville | ||||||||||
6.08 | Property | 1 | Files Road | ||||||||||
6.09 | Property | 1 | Greencastle | ||||||||||
6.10 | Property | 1 | Hot Springs 267 | ||||||||||
6.11 | Property | 1 | Royal | ||||||||||
6.12 | Property | 1 | Winans | ||||||||||
6.13 | Property | 1 | Meridian | ||||||||||
6.14 | Property | 1 | Florence | ||||||||||
6.15 | Property | 1 | Lucedale 63 South | ||||||||||
6.16 | Property | 1 | Hot Springs 176 | ||||||||||
6.17 | Property | 1 | Moulton | ||||||||||
6.18 | Property | 1 | Airport Road | ||||||||||
6.19 | Property | 1 | Central 6122 | ||||||||||
6.20 | Property | 1 | Higdon Ferry Road South | ||||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | ||||||||||
6.22 | Property | 1 | Moss Point | ||||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | ||||||||||
6.24 | Property | 1 | Ernie’s | ||||||||||
6.25 | Property | 1 | Marion Anderson Road | ||||||||||
6.26 | Property | 1 | Amity | ||||||||||
6.27 | Property | 1 | Cloverdale | ||||||||||
6.28 | Property | 1 | Mountain Pine Road | ||||||||||
6.29 | Property | 1 | Lucedale MS-613 | ||||||||||
6.30 | Property | 1 | Crawfordsville | ||||||||||
6.31 | Property | 1 | Point Cedar | ||||||||||
6.32 | Property | 1 | Central 6045 | ||||||||||
6.33 | Property | 1 | Lucedale 63 North | ||||||||||
6.34 | Property | 1 | Malvern Road | ||||||||||
6.35 | Property | 1 | John Owens | ||||||||||
6.36 | Property | 1 | Town Creek | ||||||||||
6.37 | Property | 1 | Courtland | ||||||||||
6.38 | Property | 1 | Thibodaux | ||||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 6.5842900% | NAP | 278,819.44 | NAP | 3,345,833.28 | Interest Only | No | Actual/360 | 60 |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 6.58887233333333% | NAP | 251,431.77 | NAP | 3,017,181.24 | Interest Only | No | Actual/360 | 60 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 7.2942900% | NAP | 222,345.83 | NAP | 2,668,149.96 | Interest Only | No | Actual/360 | 60 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 7.9020400% | NAP | 234,178.76 | NAP | 2,810,145.12 | Interest Only | No | Actual/360 | 60 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 7.4042900% | NAP | 193,875.41 | NAP | 2,326,504.92 | Interest Only | No | Actual/360 | 60 |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 6.7242900% | NAP | 171,093.75 | NAP | 2,053,125.00 | Interest Only | No | Actual/360 | 60 |
12.01 | Property | 1 | Davis Creek Apartments | ||||||||||
12.02 | Property | 1 | Canterbury East Apartments | ||||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 5.6742900% | NAP | 142,384.17 | NAP | 1,708,610.04 | Interest Only | No | Actual/360 | 61 |
A-1-7 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) |
2, 15 | 15 | 2, 15 | 15 | ||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | ||||||||||
13.02 | Property | 1 | 260 Industrial Drive | ||||||||||
13.03 | Property | 1 | 770 Sunpark Drive | ||||||||||
13.04 | Property | 1 | 2375 Highway 101 | ||||||||||
13.05 | Property | 1 | 7-10 Audrey Place | ||||||||||
13.06 | Property | 1 | N915 Craftsman Drive | ||||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | ||||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 6.6142900% | NAP | 140,043.40 | NAP | 1,680,520.80 | Interest Only | No | Actual/360 | 60 |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 7.9342900% | NAP | 146,095.05 | NAP | 1,753,140.60 | Interest Only | No | Actual/360 | 60 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 6.5842900% | NAP | 103,999.65 | NAP | 1,247,995.80 | Interest Only | No | Actual/360 | 60 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 6.6542900% | NAP | 103,919.22 | NAP | 1,247,030.64 | Interest Only | No | Actual/360 | 60 |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 6.7242900% | NAP | 104,497.30 | NAP | 1,253,967.60 | Interest Only | No | Actual/360 | 60 |
18.01 | Property | 1 | Garrett Woods Apartments | ||||||||||
18.02 | Property | 1 | Walnut Creek Apartments | ||||||||||
18.03 | Property | 1 | Live Marathon Apartments | ||||||||||
18.04 | Property | 1 | Mason Drive Apartments | ||||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 7.2592900% | NAP | 111,255.30 | NAP | 1,335,063.60 | Interest Only | No | Actual/360 | 60 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 8.9342900% | NAP | 116,264.54 | NAP | 1,395,174.48 | Interest Only | No | Actual/360 | 60 |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 6.2932900% | NAP | 60,501.41 | NAP | 726,016.92 | Interest Only | No | Actual/360 | 60 |
22 | Loan | 29 | 1 | Green Tree Villas | 8.1642900% | NAP | 72,569.10 | NAP | 870,829.20 | Interest Only | No | Actual/360 | 60 |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 7.4042900% | NAP | 62,692.13 | NAP | 752,305.56 | Interest Only | No | Actual/360 | 60 |
24 | Loan | 1 | Meadowbrook Apartments | 7.2742900% | NAP | 57,898.13 | NAP | 694,777.56 | Interest Only | No | Actual/360 | 60 | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 7.5942900% | 60,074.78 | NAP | 720,897.36 | NAP | Amortizing Balloon | No | Actual/360 | 0 |
26 | Loan | 20 | 1 | Four Points Greensboro | 7.2562900% | NAP | 52,225.42 | NAP | 626,705.04 | Interest Only | No | Actual/360 | 60 |
27 | Loan | 12, 31 | 1 | 575 Degraw | 8.5742900% | NAP | 60,239.36 | NAP | 722,872.32 | Interest Only | No | Actual/360 | 60 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 7.5942900% | NAP | 49,509.04 | NAP | 594,108.48 | Interest Only | No | Actual/360 | 60 |
28.01 | Property | 1 | 131 Hancock Ave | ||||||||||
28.02 | Property | 1 | 69 Lincoln Street | ||||||||||
28.03 | Property | 1 | 64 Logan Ave | ||||||||||
28.04 | Property | 1 | 128 Bayview Ave | ||||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | ||||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 8.6892900% | NAP | 49,032.80 | NAP | 588,393.60 | Interest Only | No | Actual/360 | 60 |
30 | Loan | 1 | Palm Beach Commons | 7.8342900% | NAP | 39,795.14 | NAP | 477,541.68 | Interest Only | No | Actual/360 | 60 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 7.2842900% | NAP | 32,689.47 | NAP | 392,273.64 | Interest Only | No | Actual/360 | 60 |
32 | Loan | 18, 35 | 1 | The Dylan | 7.5352900% | NAP | 28,326.74 | NAP | 339,920.88 | Interest Only | No | Actual/360 | 60 |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 7.4642900% | NAP | 26,448.81 | NAP | 317,385.72 | Interest Only | No | Actual/360 | 60 |
33.01 | Property | 1 | Dayville Storage | ||||||||||
33.02 | Property | 1 | Mechanic Street Storage | ||||||||||
33.03 | Property | 1 | Brooklyn Self Storage | ||||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 7.6442900% | NAP | 18,121.57 | NAP | 217,458.84 | Interest Only | No | Actual/360 | 60 |
35 | Loan | 1 | Cityline Livingston Storage | 7.4442900% | NAP | 14,181.77 | NAP | 170,181.24 | Interest Only | No | Actual/360 | 60 | |
36 | Loan | 1 | Enon Storage | 6.9392900% | NAP | 13,221.74 | NAP | 158,660.88 | Interest Only | No | Actual/360 | 60 |
A-1-8 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 60 | 60 | 60 | 0 | 0 | 12/8/2023 | 0 | 6 | 2/6/2024 | NAP |
1.01 | Property | 1 | Garfield Commons | |||||||||||
1.02 | Property | 1 | Farmbrooke Manor | |||||||||||
1.03 | Property | 1 | Warren Woods | |||||||||||
1.04 | Property | 1 | Highland Towers | |||||||||||
1.05 | Property | 1 | Golf Manor | |||||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 59 | 60 | 59 | 0 | 0 | 12/4/2023 | 1 | 6 | 1/6/2024 | NAP |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 59 | 60 | 59 | 0 | 0 | 11/17/2023 | 1 | 6 | 1/6/2024 | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | |||||||||||
3.02 | Property | 1 | 2000 Bolton Street | |||||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | |||||||||||
3.04 | Property | 1 | 1 International Drive | |||||||||||
3.05 | Property | 1 | 645 East Broad Street | |||||||||||
3.06 | Property | 1 | 4825 Hoffman Street | |||||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 59 | 60 | 59 | 0 | 0 | 11/30/2023 | 1 | 6 | 1/6/2024 | NAP |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 60 | 60 | 60 | 0 | 0 | 1/4/2024 | 0 | 6 | 2/6/2024 | NAP |
5.01 | Property | 1 | 509 & 515 West 110th Street | |||||||||||
5.02 | Property | 1 | 517 West 113th Street | |||||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | |||||||||||
5.04 | Property | 1 | 21 5th Avenue | |||||||||||
5.05 | Property | 1 | 603 West 140th Street | |||||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 59 | 60 | 59 | 0 | 0 | 12/6/2023 | 1 | 6 | 1/6/2024 | NAP |
6.01 | Property | 1 | New Orleans | |||||||||||
6.02 | Property | 1 | Loveland | |||||||||||
6.03 | Property | 1 | Anderson Storage | |||||||||||
6.04 | Property | 1 | Higdon Road | |||||||||||
6.05 | Property | 1 | Lake Charles | |||||||||||
6.06 | Property | 1 | Columbus | |||||||||||
6.07 | Property | 1 | Danville | |||||||||||
6.08 | Property | 1 | Files Road | |||||||||||
6.09 | Property | 1 | Greencastle | |||||||||||
6.10 | Property | 1 | Hot Springs 267 | |||||||||||
6.11 | Property | 1 | Royal | |||||||||||
6.12 | Property | 1 | Winans | |||||||||||
6.13 | Property | 1 | Meridian | |||||||||||
6.14 | Property | 1 | Florence | |||||||||||
6.15 | Property | 1 | Lucedale 63 South | |||||||||||
6.16 | Property | 1 | Hot Springs 176 | |||||||||||
6.17 | Property | 1 | Moulton | |||||||||||
6.18 | Property | 1 | Airport Road | |||||||||||
6.19 | Property | 1 | Central 6122 | |||||||||||
6.20 | Property | 1 | Higdon Ferry Road South | |||||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | |||||||||||
6.22 | Property | 1 | Moss Point | |||||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | |||||||||||
6.24 | Property | 1 | Ernie’s | |||||||||||
6.25 | Property | 1 | Marion Anderson Road | |||||||||||
6.26 | Property | 1 | Amity | |||||||||||
6.27 | Property | 1 | Cloverdale | |||||||||||
6.28 | Property | 1 | Mountain Pine Road | |||||||||||
6.29 | Property | 1 | Lucedale MS-613 | |||||||||||
6.30 | Property | 1 | Crawfordsville | |||||||||||
6.31 | Property | 1 | Point Cedar | |||||||||||
6.32 | Property | 1 | Central 6045 | |||||||||||
6.33 | Property | 1 | Lucedale 63 North | |||||||||||
6.34 | Property | 1 | Malvern Road | |||||||||||
6.35 | Property | 1 | John Owens | |||||||||||
6.36 | Property | 1 | Town Creek | |||||||||||
6.37 | Property | 1 | Courtland | |||||||||||
6.38 | Property | 1 | Thibodaux | |||||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 60 | 60 | 60 | 0 | 0 | 12/15/2023 | 0 | 6 | 2/6/2024 | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 60 | 60 | 60 | 0 | 0 | 12/11/2023 | 0 | 6 | 2/6/2024 | NAP |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 60 | 60 | 60 | 0 | 0 | 1/5/2024 | 0 | 6 | 2/6/2024 | NAP |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 60 | 60 | 60 | 0 | 0 | 12/13/2023 | 0 | 1 | 2/1/2024 | NAP |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 60 | 60 | 60 | 0 | 0 | 12/13/2023 | 0 | 6 | 2/6/2024 | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 60 | 60 | 60 | 0 | 0 | 12/15/2023 | 0 | 6 | 2/6/2024 | NAP |
12.01 | Property | 1 | Davis Creek Apartments | |||||||||||
12.02 | Property | 1 | Canterbury East Apartments | |||||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 61 | 61 | 61 | 0 | 0 | 1/10/2024 | 0 | 6 | 2/6/2024 | NAP |
A-1-9 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date |
13.01 | Property | 1 | 3850 East Miraloma Avenue | |||||||||||
13.02 | Property | 1 | 260 Industrial Drive | |||||||||||
13.03 | Property | 1 | 770 Sunpark Drive | |||||||||||
13.04 | Property | 1 | 2375 Highway 101 | |||||||||||
13.05 | Property | 1 | 7-10 Audrey Place | |||||||||||
13.06 | Property | 1 | N915 Craftsman Drive | |||||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | |||||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 59 | 60 | 59 | 0 | 0 | 11/21/2023 | 1 | 6 | 1/6/2024 | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 60 | 60 | 60 | 0 | 0 | 12/15/2023 | 0 | 6 | 2/6/2024 | NAP |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 60 | 60 | 60 | 0 | 0 | 12/22/2023 | 0 | 6 | 2/6/2024 | NAP |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 60 | 60 | 60 | 0 | 0 | 12/8/2023 | 0 | 6 | 2/6/2024 | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 60 | 60 | 60 | 0 | 0 | 12/21/2023 | 0 | 6 | 2/6/2024 | NAP |
18.01 | Property | 1 | Garrett Woods Apartments | |||||||||||
18.02 | Property | 1 | Walnut Creek Apartments | |||||||||||
18.03 | Property | 1 | Live Marathon Apartments | |||||||||||
18.04 | Property | 1 | Mason Drive Apartments | |||||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 60 | 60 | 60 | 0 | 0 | 1/4/2024 | 0 | 6 | 2/6/2024 | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 59 | 60 | 59 | 0 | 0 | 11/16/2023 | 1 | 6 | 1/6/2024 | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 60 | 60 | 60 | 0 | 0 | 12/29/2023 | 0 | 6 | 2/6/2024 | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | 58 | 60 | 58 | 0 | 0 | 11/6/2023 | 2 | 6 | 12/6/2023 | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 58 | 60 | 58 | 0 | 0 | 10/24/2023 | 2 | 6 | 12/6/2023 | NAP |
24 | Loan | 1 | Meadowbrook Apartments | 60 | 60 | 60 | 0 | 0 | 12/19/2023 | 0 | 6 | 2/6/2024 | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 0 | 60 | 60 | 360 | 360 | 12/28/2023 | 0 | 6 | 2/6/2024 | 2/6/2024 |
26 | Loan | 20 | 1 | Four Points Greensboro | 60 | 60 | 60 | 0 | 0 | 12/13/2023 | 0 | 6 | 2/6/2024 | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | 58 | 60 | 58 | 0 | 0 | 11/1/2023 | 2 | 6 | 12/6/2023 | NAP |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 60 | 60 | 60 | 0 | 0 | 1/5/2024 | 0 | 6 | 2/6/2024 | NAP |
28.01 | Property | 1 | 131 Hancock Ave | |||||||||||
28.02 | Property | 1 | 69 Lincoln Street | |||||||||||
28.03 | Property | 1 | 64 Logan Ave | |||||||||||
28.04 | Property | 1 | 128 Bayview Ave | |||||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | |||||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 58 | 60 | 58 | 0 | 0 | 10/25/2023 | 2 | 6 | 12/6/2023 | NAP |
30 | Loan | 1 | Palm Beach Commons | 59 | 60 | 59 | 0 | 0 | 12/1/2023 | 1 | 6 | 1/6/2024 | NAP | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 60 | 60 | 60 | 0 | 0 | 12/18/2023 | 0 | 6 | 2/6/2024 | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | 60 | 60 | 60 | 0 | 0 | 12/13/2023 | 0 | 6 | 2/6/2024 | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 59 | 60 | 59 | 0 | 0 | 12/1/2023 | 1 | 6 | 1/6/2024 | NAP |
33.01 | Property | 1 | Dayville Storage | |||||||||||
33.02 | Property | 1 | Mechanic Street Storage | |||||||||||
33.03 | Property | 1 | Brooklyn Self Storage | |||||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 60 | 60 | 60 | 0 | 0 | 12/19/2023 | 0 | 6 | 2/6/2024 | NAP |
35 | Loan | 1 | Cityline Livingston Storage | 58 | 60 | 58 | 0 | 0 | 10/30/2023 | 2 | 6 | 12/6/2023 | NAP | |
36 | Loan | 1 | Enon Storage | 59 | 60 | 59 | 0 | 0 | 12/1/2023 | 1 | 6 | 1/6/2024 | NAP |
A-1-10 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description |
19 | 19 | 3, 22, 23 | 18 | |||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 1/6/2029 | NAP | 0 | 0 | L(24),D(32),O(4) | 15,487,169 | 7,561,464 | 7,925,705 | 9/30/2023 | T-12 |
1.01 | Property | 1 | Garfield Commons | 5,670,554 | 2,408,240 | 3,262,314 | 9/30/2023 | T-12 | ||||||
1.02 | Property | 1 | Farmbrooke Manor | 3,923,916 | 1,939,814 | 1,984,102 | 9/30/2023 | T-12 | ||||||
1.03 | Property | 1 | Warren Woods | 2,175,997 | 1,048,158 | 1,127,839 | 9/30/2023 | T-12 | ||||||
1.04 | Property | 1 | Highland Towers | 2,369,481 | 1,449,773 | 919,708 | 9/30/2023 | T-12 | ||||||
1.05 | Property | 1 | Golf Manor | 1,347,221 | 715,479 | 631,742 | 9/30/2023 | T-12 | ||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 12/6/2028 | NAP | 5 | 0 | L(25),DorYM1(28),O(7) | 129,617,825 | 44,086,503 | 85,531,322 | 9/30/2023 | T-12 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 12/6/2028 | NAP | 0 | 0 | L(12),YM1(13),DorYM1(30),O(5) | NAV | NAV | NAV | NAV | NAV |
3.01 | Property | 1 | 1111 Izaak Walton Road | NAV | NAV | NAV | NAV | NAV | ||||||
3.02 | Property | 1 | 2000 Bolton Street | NAV | NAV | NAV | NAV | NAV | ||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | NAV | NAV | NAV | NAV | NAV | ||||||
3.04 | Property | 1 | 1 International Drive | NAV | NAV | NAV | NAV | NAV | ||||||
3.05 | Property | 1 | 645 East Broad Street | NAV | NAV | NAV | NAV | NAV | ||||||
3.06 | Property | 1 | 4825 Hoffman Street | NAV | NAV | NAV | NAV | NAV | ||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 12/6/2028 | NAP | 0 | 0 | L(25),DorYM1(28),O(7) | 56,210,937 | 41,814,367 | 14,396,570 | 10/31/2023 | T-12 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 13,344,153 | 6,164,591 | 7,179,562 | 10/31/2023 | T-12 |
5.01 | Property | 1 | 509 & 515 West 110th Street | 6,352,039 | 2,915,170 | 3,436,869 | 10/31/2023 | T-12 | ||||||
5.02 | Property | 1 | 517 West 113th Street | 2,112,121 | 807,087 | 1,305,034 | 10/31/2023 | T-12 | ||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | 2,438,746 | 1,309,524 | 1,129,222 | 10/31/2023 | T-12 | ||||||
5.04 | Property | 1 | 21 5th Avenue | 1,130,878 | 383,907 | 746,971 | 10/31/2023 | T-12 | ||||||
5.05 | Property | 1 | 603 West 140th Street | 1,310,369 | 748,903 | 561,467 | 10/31/2023 | T-12 | ||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 12/6/2028 | NAP | 0 | 0 | L(25),D(28),O(7) | 8,187,110 | 2,962,606 | 5,224,504 | 9/30/2023 | T-12 |
6.01 | Property | 1 | New Orleans | 839,118 | 244,279 | 594,839 | 9/30/2023 | T-12 | ||||||
6.02 | Property | 1 | Loveland | 761,854 | 239,040 | 522,814 | 9/30/2023 | T-12 | ||||||
6.03 | Property | 1 | Anderson Storage | 624,794 | 290,401 | 334,392 | 9/30/2023 | T-12 | ||||||
6.04 | Property | 1 | Higdon Road | 457,851 | 119,508 | 338,343 | 9/30/2023 | T-12 | ||||||
6.05 | Property | 1 | Lake Charles | 484,807 | 141,951 | 342,855 | 9/30/2023 | T-12 | ||||||
6.06 | Property | 1 | Columbus | 533,916 | 178,918 | 354,997 | 9/30/2023 | T-12 | ||||||
6.07 | Property | 1 | Danville | 456,256 | 183,088 | 273,168 | 9/30/2023 | T-12 | ||||||
6.08 | Property | 1 | Files Road | 367,546 | 173,151 | 194,395 | 9/30/2023 | T-12 | ||||||
6.09 | Property | 1 | Greencastle | 318,696 | 108,019 | 210,678 | 9/30/2023 | T-12 | ||||||
6.10 | Property | 1 | Hot Springs 267 | 218,521 | 65,144 | 153,376 | 9/30/2023 | T-12 | ||||||
6.11 | Property | 1 | Royal | 233,391 | 115,504 | 117,887 | 9/30/2023 | T-12 | ||||||
6.12 | Property | 1 | Winans | 248,836 | 88,039 | 160,797 | 9/30/2023 | T-12 | ||||||
6.13 | Property | 1 | Meridian | 196,428 | 62,663 | 133,765 | 9/30/2023 | T-12 | ||||||
6.14 | Property | 1 | Florence | 163,360 | 80,403 | 82,958 | 9/30/2023 | T-12 | ||||||
6.15 | Property | 1 | Lucedale 63 South | 200,497 | 81,088 | 119,410 | 9/30/2023 | T-12 | ||||||
6.16 | Property | 1 | Hot Springs 176 | 164,637 | 60,279 | 104,358 | 9/30/2023 | T-12 | ||||||
6.17 | Property | 1 | Moulton | 195,474 | 68,149 | 127,325 | 9/30/2023 | T-12 | ||||||
6.18 | Property | 1 | Airport Road | 153,469 | 41,501 | 111,969 | 9/30/2023 | T-12 | ||||||
6.19 | Property | 1 | Central 6122 | 106,187 | 47,318 | 58,870 | 9/30/2023 | T-12 | ||||||
6.20 | Property | 1 | Higdon Ferry Road South | 99,018 | 31,497 | 67,521 | 9/30/2023 | T-12 | ||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | 117,352 | 44,115 | 73,237 | 9/30/2023 | T-12 | ||||||
6.22 | Property | 1 | Moss Point | 128,999 | 52,283 | 76,716 | 9/30/2023 | T-12 | ||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | 114,222 | 34,002 | 80,219 | 9/30/2023 | T-12 | ||||||
6.24 | Property | 1 | Ernie’s | 84,524 | 34,207 | 50,317 | 9/30/2023 | T-12 | ||||||
6.25 | Property | 1 | Marion Anderson Road | 90,298 | 31,180 | 59,118 | 9/30/2023 | T-12 | ||||||
6.26 | Property | 1 | Amity | 83,996 | 29,943 | 54,053 | 9/30/2023 | T-12 | ||||||
6.27 | Property | 1 | Cloverdale | 92,318 | 33,430 | 58,888 | 9/30/2023 | T-12 | ||||||
6.28 | Property | 1 | Mountain Pine Road | 64,015 | 31,160 | 32,855 | 9/30/2023 | T-12 | ||||||
6.29 | Property | 1 | Lucedale MS-613 | 80,464 | 24,931 | 55,533 | 9/30/2023 | T-12 | ||||||
6.30 | Property | 1 | Crawfordsville | 81,025 | 34,788 | 46,237 | 9/30/2023 | T-12 | ||||||
6.31 | Property | 1 | Point Cedar | 59,039 | 25,350 | 33,689 | 9/30/2023 | T-12 | ||||||
6.32 | Property | 1 | Central 6045 | 63,998 | 25,995 | 38,004 | 9/30/2023 | T-12 | ||||||
6.33 | Property | 1 | Lucedale 63 North | 58,455 | 24,921 | 33,534 | 9/30/2023 | T-12 | ||||||
6.34 | Property | 1 | Malvern Road | 46,871 | 19,883 | 26,988 | 9/30/2023 | T-12 | ||||||
6.35 | Property | 1 | John Owens | 52,234 | 22,156 | 30,078 | 9/30/2023 | T-12 | ||||||
6.36 | Property | 1 | Town Creek | 69,960 | 27,331 | 42,629 | 9/30/2023 | T-12 | ||||||
6.37 | Property | 1 | Courtland | 41,161 | 27,572 | 13,588 | 9/30/2023 | T-12 | ||||||
6.38 | Property | 1 | Thibodaux | 33,523 | 19,420 | 14,104 | 9/30/2023 | T-12 | ||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 1/6/2029 | NAP | 0 | 0 | L(3),YM1(50),O(7) | NAV | NAV | NAV | NAV | NAV |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 1/6/2029 | NAP | 0 | 0 | L(24),DorYM1(29),O(7) | 137,298,631 | 39,504,321 | 97,794,310 | 9/30/2023 | T-12 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 1/6/2029 | NAP | 0 | 0 | L(24),DorYM1(31),O(5) | 7,318,994 | 3,529,482 | 3,789,512 | 10/31/2023 | T-12 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 1/1/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 35,273,885 | 11,275,921 | 23,997,964 | 11/30/2023 | T-12 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 3,348,303 | 925,014 | 2,423,289 | 11/30/2023 | T-12 |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 5,425,303 | 2,908,239 | 2,517,065 | 9/30/2023 | T-12 |
12.01 | Property | 1 | Davis Creek Apartments | 3,911,981 | 1,937,420 | 1,974,561 | 9/30/2023 | T-12 | ||||||
12.02 | Property | 1 | Canterbury East Apartments | 1,513,322 | 970,818 | 542,504 | 9/30/2023 | T-12 | ||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 2/6/2029 | NAP | 0 | 0 | L(24),DorYM1(32),O(5) | NAV | NAV | NAV | NAV | NAV |
A-1-11 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description |
19 | 19 | 3, 22, 23 | 18 | |||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAV | NAV | NAV | NAV | NAV | ||||||
13.02 | Property | 1 | 260 Industrial Drive | NAV | NAV | NAV | NAV | NAV | ||||||
13.03 | Property | 1 | 770 Sunpark Drive | NAV | NAV | NAV | NAV | NAV | ||||||
13.04 | Property | 1 | 2375 Highway 101 | NAV | NAV | NAV | NAV | NAV | ||||||
13.05 | Property | 1 | 7-10 Audrey Place | NAV | NAV | NAV | NAV | NAV | ||||||
13.06 | Property | 1 | N915 Craftsman Drive | NAV | NAV | NAV | NAV | NAV | ||||||
13.07 | Property | 1 | 7400 Pinemont Drive | NAV | NAV | NAV | NAV | NAV | ||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 12/6/2028 | NAP | 0 | 0 | L(25),D(31),O(4) | NAV | NAV | NAV | NAV | NAV |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 3,985,428 | 943,096 | 3,042,332 | 9/30/2023 | T-12 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 2,478,747 | 732,102 | 1,746,644 | 10/31/2023 | T-12 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | NAV | NAV | NAV | NAV | NAV |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 1/6/2029 | NAP | 0 | 0 | L(24),YM1(31),O(5) | 2,667,454 | 1,155,689 | 1,511,766 | 10/31/2023 | T-12 |
18.01 | Property | 1 | Garrett Woods Apartments | 1,108,628 | 438,940 | 669,688 | 10/31/2023 | T-12 | ||||||
18.02 | Property | 1 | Walnut Creek Apartments | 676,329 | 314,405 | 361,924 | 10/31/2023 | T-12 | ||||||
18.03 | Property | 1 | Live Marathon Apartments | 483,960 | 215,846 | 268,114 | 10/31/2023 | T-12 | ||||||
18.04 | Property | 1 | Mason Drive Apartments | 398,537 | 186,498 | 212,040 | 10/31/2023 | T-12 | ||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 1/6/2029 | NAP | 0 | 0 | L(24),YM1(30),O(6) | 4,212,901 | 1,812,333 | 2,400,568 | 11/30/2023 | T-12 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 12/6/2028 | NAP | 0 | 0 | L(25),D(31),O(4) | 7,266,476 | 4,587,081 | 2,679,395 | 9/30/2023 | T-12 |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 1/6/2029 | NAP | 0 | 0 | L(24),D(31),O(5) | 1,121,872 | 385,232 | 736,641 | 10/31/2023 | T-12 |
22 | Loan | 29 | 1 | Green Tree Villas | 11/6/2028 | NAP | 0 | 0 | L(26),D(30),O(4) | 1,610,737 | 249,137 | 1,361,600 | 10/31/2023 | T-12 |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 11/6/2028 | NAP | 0 | 0 | L(26),D(27),O(7) | 45,727,085 | 31,467,109 | 14,259,976 | 9/30/2023 | T-12 |
24 | Loan | 1 | Meadowbrook Apartments | 1/6/2029 | NAP | 0 | 0 | L(24),D(32),O(4) | 1,731,883 | 806,963 | 924,920 | 10/31/2023 | T-12 | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 3,766,423 | 2,497,599 | 1,268,824 | 10/31/2023 | T-12 |
26 | Loan | 20 | 1 | Four Points Greensboro | 1/6/2029 | NAP | 0 | 0 | L(24),D(31),O(5) | 2,971,321 | 1,616,840 | 1,354,481 | 10/31/2023 | T-12 |
27 | Loan | 12, 31 | 1 | 575 Degraw | 11/6/2028 | NAP | 0 | 0 | L(26),D(31),O(3) | 1,287,593 | 275,263 | 1,012,330 | 10/15/2023 | T-12 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 1/6/2029 | NAP | 0 | 0 | L(24),D(33),O(3) | NAV | NAV | NAV | NAV | NAV |
28.01 | Property | 1 | 131 Hancock Ave | NAV | NAV | NAV | NAV | NAV | ||||||
28.02 | Property | 1 | 69 Lincoln Street | NAV | NAV | NAV | NAV | NAV | ||||||
28.03 | Property | 1 | 64 Logan Ave | NAV | NAV | NAV | NAV | NAV | ||||||
28.04 | Property | 1 | 128 Bayview Ave | NAV | NAV | NAV | NAV | NAV | ||||||
28.05 | Property | 1 | 128 St. Paul's Ave | NAV | NAV | NAV | NAV | NAV | ||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 11/6/2028 | NAP | 0 | 0 | L(26),DorYM0.5(27),O(7) | 106,555,128 | 72,995,206 | 33,559,922 | 9/30/2023 | T-12 |
30 | Loan | 1 | Palm Beach Commons | 12/6/2028 | NAP | 0 | 0 | L(25),D(32),O(3) | 1,353,837 | 477,427 | 876,410 | 8/31/2023 | T-12 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 1/6/2029 | NAP | 0 | 0 | L(24),D(33),O(3) | 596,570 | 134,821 | 461,749 | 9/30/2023 | T-10 Ann |
32 | Loan | 18, 35 | 1 | The Dylan | 1/6/2029 | NAP | 0 | 0 | L(24),D(29),O(7) | 794,695 | 462,857 | 331,838 | 10/31/2023 | T-12 |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 12/6/2028 | NAP | 0 | 0 | L(25),D(31),O(4) | 677,399 | 236,200 | 441,199 | 10/31/2023 | T-12 |
33.01 | Property | 1 | Dayville Storage | 264,904 | 80,280 | 184,624 | 10/31/2023 | T-12 | ||||||
33.02 | Property | 1 | Mechanic Street Storage | 239,090 | 85,787 | 153,302 | 10/31/2023 | T-12 | ||||||
33.03 | Property | 1 | Brooklyn Self Storage | 173,405 | 70,133 | 103,273 | 10/31/2023 | T-12 | ||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 1/6/2029 | NAP | 0 | 0 | L(24),D(33),O(3) | 391,748 | 97,715 | 294,033 | 9/30/2023 | T-12 |
35 | Loan | 1 | Cityline Livingston Storage | 11/6/2028 | NAP | 0 | 0 | L(26),D(30),O(4) | 351,438 | 102,962 | 248,476 | 9/30/2023 | T-12 | |
36 | Loan | 1 | Enon Storage | 12/6/2028 | NAP | 0 | 0 | L(25),D(31),O(4) | 325,774 | 81,540 | 244,234 | 9/30/2023 | T-12 |
A-1-12 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 14,716,054 | 7,497,764 | 7,218,290 | 12/31/2022 | T-12 | 14,263,546 | 7,205,928 | 7,057,618 | 12/31/2021 | T-12 |
1.01 | Property | 1 | Garfield Commons | 5,510,766 | 2,386,548 | 3,124,218 | 12/31/2022 | T-12 | 5,104,155 | 2,485,821 | 2,618,334 | 12/31/2021 | T-12 | |
1.02 | Property | 1 | Farmbrooke Manor | 3,697,166 | 1,950,962 | 1,746,204 | 12/31/2022 | T-12 | 3,863,240 | 1,684,918 | 2,178,322 | 12/31/2021 | T-12 | |
1.03 | Property | 1 | Warren Woods | 2,082,798 | 1,037,548 | 1,045,250 | 12/31/2022 | T-12 | 2,063,368 | 968,983 | 1,094,385 | 12/31/2021 | T-12 | |
1.04 | Property | 1 | Highland Towers | 2,137,632 | 1,413,400 | 724,233 | 12/31/2022 | T-12 | 1,974,653 | 1,433,637 | 541,016 | 12/31/2021 | T-12 | |
1.05 | Property | 1 | Golf Manor | 1,287,691 | 709,306 | 578,385 | 12/31/2022 | T-12 | 1,258,131 | 632,570 | 625,561 | 12/31/2021 | T-12 | |
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 127,448,218 | 42,843,235 | 84,604,983 | 12/31/2022 | T-12 | 126,677,910 | 43,141,634 | 83,536,276 | 12/31/2021 | T-12 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
3.01 | Property | 1 | 1111 Izaak Walton Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
3.02 | Property | 1 | 2000 Bolton Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
3.03 | Property | 1 | 6420 Glenn Highway Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
3.04 | Property | 1 | 1 International Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
3.05 | Property | 1 | 645 East Broad Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
3.06 | Property | 1 | 4825 Hoffman Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 51,734,974 | 39,744,081 | 11,990,892 | 12/31/2022 | T-12 | 33,498,506 | 27,824,649 | 5,673,856 | 12/31/2021 | T-12 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 11,502,552 | 6,038,913 | 5,463,639 | 12/31/2022 | T-12 | 9,911,489 | 5,817,077 | 4,094,413 | 12/31/2021 | T-12 |
5.01 | Property | 1 | 509 & 515 West 110th Street | 5,146,167 | 2,783,030 | 2,363,137 | 12/31/2022 | T-12 | 4,144,718 | 2,741,760 | 1,402,958 | 12/31/2021 | T-12 | |
5.02 | Property | 1 | 517 West 113th Street | 1,914,463 | 803,167 | 1,111,296 | 12/31/2022 | T-12 | 1,628,518 | 798,145 | 830,373 | 12/31/2021 | T-12 | |
5.03 | Property | 1 | 652 and 664 West 163rd Street | 2,203,824 | 1,331,904 | 871,919 | 12/31/2022 | T-12 | 2,056,740 | 1,216,755 | 839,986 | 12/31/2021 | T-12 | |
5.04 | Property | 1 | 21 5th Avenue | 1,031,358 | 393,686 | 637,672 | 12/31/2022 | T-12 | 907,410 | 397,783 | 509,628 | 12/31/2021 | T-12 | |
5.05 | Property | 1 | 603 West 140th Street | 1,206,740 | 727,125 | 479,616 | 12/31/2022 | T-12 | 1,174,103 | 662,635 | 511,468 | 12/31/2021 | T-12 | |
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
6.01 | Property | 1 | New Orleans | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.02 | Property | 1 | Loveland | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.03 | Property | 1 | Anderson Storage | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.04 | Property | 1 | Higdon Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.05 | Property | 1 | Lake Charles | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.06 | Property | 1 | Columbus | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.07 | Property | 1 | Danville | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.08 | Property | 1 | Files Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.09 | Property | 1 | Greencastle | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.10 | Property | 1 | Hot Springs 267 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.11 | Property | 1 | Royal | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.12 | Property | 1 | Winans | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.13 | Property | 1 | Meridian | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.14 | Property | 1 | Florence | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.15 | Property | 1 | Lucedale 63 South | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.16 | Property | 1 | Hot Springs 176 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.17 | Property | 1 | Moulton | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.18 | Property | 1 | Airport Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.19 | Property | 1 | Central 6122 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.20 | Property | 1 | Higdon Ferry Road South | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.21 | Property | 1 | Trinity - Al. Hwy 24 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.22 | Property | 1 | Moss Point | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.24 | Property | 1 | Ernie’s | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.25 | Property | 1 | Marion Anderson Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.26 | Property | 1 | Amity | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.27 | Property | 1 | Cloverdale | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.28 | Property | 1 | Mountain Pine Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.29 | Property | 1 | Lucedale MS-613 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.30 | Property | 1 | Crawfordsville | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.31 | Property | 1 | Point Cedar | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.32 | Property | 1 | Central 6045 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.33 | Property | 1 | Lucedale 63 North | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.34 | Property | 1 | Malvern Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.35 | Property | 1 | John Owens | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.36 | Property | 1 | Town Creek | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.37 | Property | 1 | Courtland | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
6.38 | Property | 1 | Thibodaux | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 134,950,113 | 38,311,371 | 96,638,742 | 12/31/2022 | T-12 | 135,602,310 | 36,432,590 | 99,169,720 | 12/31/2021 | T-12 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 7,480,173 | 3,946,128 | 3,534,045 | 12/31/2022 | T-12 | 6,243,559 | 2,824,148 | 3,419,411 | 12/31/2021 | T-12 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 35,459,583 | 11,035,894 | 24,423,689 | 12/31/2022 | T-12 | 30,204,741 | 10,695,470 | 19,509,271 | 12/31/2021 | T-12 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 5,345,320 | 3,175,410 | 2,169,910 | 12/31/2022 | T-12 | 4,933,051 | 3,106,472 | 1,826,579 | 12/31/2021 | T-12 |
12.01 | Property | 1 | Davis Creek Apartments | 3,932,387 | 2,229,930 | 1,702,457 | 12/31/2022 | T-12 | 3,582,906 | 2,190,731 | 1,392,175 | 12/31/2021 | T-12 | |
12.02 | Property | 1 | Canterbury East Apartments | 1,412,933 | 945,480 | 467,453 | 12/31/2022 | T-12 | 1,350,145 | 915,741 | 434,404 | 12/31/2021 | T-12 | |
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
A-1-13 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description |
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
13.02 | Property | 1 | 260 Industrial Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
13.03 | Property | 1 | 770 Sunpark Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
13.04 | Property | 1 | 2375 Highway 101 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
13.05 | Property | 1 | 7-10 Audrey Place | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
13.06 | Property | 1 | N915 Craftsman Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
13.07 | Property | 1 | 7400 Pinemont Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 4,066,325 | 969,681 | 3,096,644 | 12/31/2022 | T-12 | 3,982,065 | 909,661 | 3,072,404 | 12/31/2021 | T-12 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 2,373,037 | 736,083 | 1,636,955 | 12/31/2022 | T-12 | 2,148,161 | 686,242 | 1,461,919 | 12/31/2021 | T-12 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 2,530,265 | 1,122,492 | 1,407,773 | 12/31/2022 | Various | NAV | NAV | NAV | NAV | NAV |
18.01 | Property | 1 | Garrett Woods Apartments | 1,041,412 | 403,365 | 638,047 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | |
18.02 | Property | 1 | Walnut Creek Apartments | 591,690 | 339,556 | 252,134 | 12/31/2022 | T-9 Ann | NAV | NAV | NAV | NAV | NAV | |
18.03 | Property | 1 | Live Marathon Apartments | 484,432 | 206,394 | 278,038 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | |
18.04 | Property | 1 | Mason Drive Apartments | 412,732 | 173,177 | 239,555 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | |
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 3,862,145 | 1,721,748 | 2,140,397 | 12/31/2022 | T-12 | 3,580,728 | 1,546,711 | 2,034,017 | 12/31/2021 | T-12 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 6,545,231 | 4,555,686 | 1,989,545 | 12/31/2022 | T-12 | 4,660,898 | 3,347,314 | 1,313,584 | 12/31/2021 | T-12 |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 610,571 | 375,146 | 235,425 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV |
22 | Loan | 29 | 1 | Green Tree Villas | 1,200,492 | 274,211 | 926,281 | 12/31/2022 | T-12 | 377,961 | 240,832 | 137,129 | 12/31/2021 | T-12 |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 41,898,594 | 28,995,912 | 12,902,683 | 12/31/2022 | T-12 | 23,199,782 | 19,785,132 | 3,414,650 | 12/31/2021 | T-12 |
24 | Loan | 1 | Meadowbrook Apartments | 1,581,054 | 773,092 | 807,962 | 12/31/2022 | T-12 | 1,483,063 | 701,107 | 781,956 | 12/31/2021 | T-12 | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 3,915,090 | 2,151,004 | 1,764,086 | 12/31/2022 | T-12 | 2,903,601 | 2,055,982 | 847,619 | 12/31/2021 | T-12 |
26 | Loan | 20 | 1 | Four Points Greensboro | 2,725,778 | 1,644,496 | 1,081,282 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV |
27 | Loan | 12, 31 | 1 | 575 Degraw | 1,286,455 | 402,023 | 884,432 | 12/31/2022 | T-12 | 1,151,263 | 170,058 | 981,205 | 12/31/2021 | T-12 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
28.01 | Property | 1 | 131 Hancock Ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.02 | Property | 1 | 69 Lincoln Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.03 | Property | 1 | 64 Logan Ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.04 | Property | 1 | 128 Bayview Ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.05 | Property | 1 | 128 St. Paul's Ave | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 85,149,141 | 59,158,454 | 25,990,687 | 12/31/2022 | T-12 | 26,916,192 | 29,338,995 | (2,422,803) | 12/31/2021 | T-12 |
30 | Loan | 1 | Palm Beach Commons | 1,168,062 | 447,022 | 721,041 | 12/31/2022 | T-12 | 1,248,677 | 408,620 | 840,057 | 12/31/2021 | T-12 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
32 | Loan | 18, 35 | 1 | The Dylan | 701,409 | 404,756 | 296,653 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 666,730 | 228,530 | 438,200 | 12/31/2022 | T-12 | 651,725 | 219,345 | 432,380 | 12/31/2021 | T-12 |
33.01 | Property | 1 | Dayville Storage | 256,210 | 77,259 | 178,950 | 12/31/2022 | T-12 | 253,363 | 76,211 | 177,152 | 12/31/2021 | T-12 | |
33.02 | Property | 1 | Mechanic Street Storage | 236,672 | 87,450 | 149,223 | 12/31/2022 | T-12 | 231,647 | 82,119 | 149,528 | 12/31/2021 | T-12 | |
33.03 | Property | 1 | Brooklyn Self Storage | 173,848 | 63,821 | 110,027 | 12/31/2022 | T-12 | 166,715 | 61,015 | 105,700 | 12/31/2021 | T-12 | |
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 369,609 | 90,732 | 278,877 | 12/31/2022 | T-12 | 239,570 | 91,949 | 147,621 | 12/31/2021 | T-12 |
35 | Loan | 1 | Cityline Livingston Storage | 346,772 | 95,577 | 251,195 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | |
36 | Loan | 1 | Enon Storage | 289,993 | 85,887 | 204,106 | 12/31/2022 | T-12 | 245,302 | 94,617 | 150,685 | 12/31/2021 | T-12 |
A-1-14 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) |
18 | 4, 10, 15 | 4, 10, 15 | 10 | |||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 86.1% | 15,977,531 | 7,518,159 | 8,459,372 | 363,844 | 0 | 8,095,528 | 1.52 | 1.45 | 11.3% |
1.01 | Property | 1 | Garfield Commons | 83.7% | 5,785,519 | 2,401,410 | 3,384,108 | 130,834 | 0 | 3,253,274 | ||||
1.02 | Property | 1 | Farmbrooke Manor | 88.1% | 4,144,449 | 1,952,385 | 2,192,063 | 85,112 | 0 | 2,106,951 | ||||
1.03 | Property | 1 | Warren Woods | 83.1% | 2,241,194 | 1,042,485 | 1,198,710 | 48,000 | 0 | 1,150,710 | ||||
1.04 | Property | 1 | Highland Towers | 90.9% | 2,446,739 | 1,409,785 | 1,036,954 | 69,897 | 0 | 967,056 | ||||
1.05 | Property | 1 | Golf Manor | 87.2% | 1,359,630 | 712,094 | 647,536 | 30,000 | 0 | 617,536 | ||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 92.2% | 140,618,916 | 43,516,369 | 97,102,547 | 358,728 | 1,793,638 | 94,950,181 | 2.04 | 2.00 | 13.7% |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 95.0% | 8,822,249 | 264,667 | 8,557,581 | 230,814 | 0 | 8,326,767 | 1.85 | 1.80 | 14.3% |
3.01 | Property | 1 | 1111 Izaak Walton Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
3.02 | Property | 1 | 2000 Bolton Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
3.03 | Property | 1 | 6420 Glenn Highway Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
3.04 | Property | 1 | 1 International Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
3.05 | Property | 1 | 645 East Broad Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
3.06 | Property | 1 | 4825 Hoffman Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | ||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 77.0% | 56,210,937 | 41,647,834 | 14,563,103 | 2,180,884 | 0 | 12,382,219 | 2.18 | 1.85 | 17.1% |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 92.4% | 13,747,876 | 6,280,414 | 7,467,461 | 108,750 | 0 | 7,358,711 | 1.27 | 1.25 | 8.9% |
5.01 | Property | 1 | 509 & 515 West 110th Street | 94.8% | 6,679,828 | 3,015,421 | 3,664,408 | 44,000 | 0 | 3,620,408 | ||||
5.02 | Property | 1 | 517 West 113th Street | 90.0% | 2,085,421 | 829,529 | 1,255,892 | 11,250 | 0 | 1,244,642 | ||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | 87.5% | 2,484,822 | 1,310,133 | 1,174,689 | 26,500 | 0 | 1,148,189 | ||||
5.04 | Property | 1 | 21 5th Avenue | 92.0% | 1,148,585 | 392,860 | 755,725 | 13,250 | 0 | 742,475 | ||||
5.05 | Property | 1 | 603 West 140th Street | 94.8% | 1,349,219 | 732,472 | 616,747 | 13,750 | 0 | 602,997 | ||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 74.5% | 8,404,638 | 3,143,146 | 5,261,492 | 113,554 | 0 | 5,147,938 | 2.08 | 2.03 | 9.5% |
6.01 | Property | 1 | New Orleans | 72.5% | 765,048 | 263,263 | 501,785 | 4,858 | 0 | 496,927 | ||||
6.02 | Property | 1 | Loveland | 83.1% | 799,849 | 364,501 | 435,348 | 7,639 | 0 | 427,709 | ||||
6.03 | Property | 1 | Anderson Storage | 69.5% | 700,080 | 312,673 | 387,407 | 9,269 | 0 | 378,138 | ||||
6.04 | Property | 1 | Higdon Road | 86.4% | 499,175 | 111,588 | 387,588 | 5,119 | 0 | 382,469 | ||||
6.05 | Property | 1 | Lake Charles | 69.7% | 432,625 | 134,429 | 298,196 | 6,119 | 0 | 292,078 | ||||
6.06 | Property | 1 | Columbus | 77.3% | 513,945 | 215,204 | 298,741 | 4,654 | 0 | 294,087 | ||||
6.07 | Property | 1 | Danville | 78.6% | 479,690 | 174,700 | 304,990 | 5,763 | 0 | 299,227 | ||||
6.08 | Property | 1 | Files Road | 76.8% | 373,214 | 168,768 | 204,445 | 5,523 | 0 | 198,923 | ||||
6.09 | Property | 1 | Greencastle | 75.9% | 366,818 | 112,739 | 254,078 | 4,939 | 0 | 249,139 | ||||
6.10 | Property | 1 | Hot Springs 267 | 73.3% | 232,318 | 71,389 | 160,929 | 4,967 | 0 | 155,962 | ||||
6.11 | Property | 1 | Royal | 77.0% | 255,159 | 110,291 | 144,868 | 6,778 | 0 | 138,090 | ||||
6.12 | Property | 1 | Winans | 67.7% | 252,743 | 88,495 | 164,248 | 4,540 | 0 | 159,708 | ||||
6.13 | Property | 1 | Meridian | 69.8% | 203,707 | 60,418 | 143,289 | 2,385 | 0 | 140,904 | ||||
6.14 | Property | 1 | Florence | 57.9% | 163,460 | 81,573 | 81,887 | 3,480 | 0 | 78,407 | ||||
6.15 | Property | 1 | Lucedale 63 South | 73.2% | 190,672 | 79,935 | 110,737 | 2,075 | 0 | 108,662 | ||||
6.16 | Property | 1 | Hot Springs 176 | 76.8% | 167,171 | 59,874 | 107,297 | 4,402 | 0 | 102,895 | ||||
6.17 | Property | 1 | Moulton | 86.1% | 215,511 | 70,926 | 144,585 | 2,540 | 0 | 142,045 | ||||
6.18 | Property | 1 | Airport Road | 82.6% | 163,589 | 40,095 | 123,494 | 1,625 | 0 | 121,869 | ||||
6.19 | Property | 1 | Central 6122 | 44.7% | 99,400 | 42,181 | 57,219 | 2,673 | 0 | 54,546 | ||||
6.20 | Property | 1 | Higdon Ferry Road South | 69.6% | 104,658 | 33,411 | 71,248 | 2,313 | 0 | 68,935 | ||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | 67.5% | 119,794 | 44,692 | 75,102 | 1,725 | 0 | 73,377 | ||||
6.22 | Property | 1 | Moss Point | 72.9% | 133,437 | 68,533 | 64,903 | 1,675 | 0 | 63,228 | ||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | 73.5% | 120,639 | 30,697 | 89,942 | 1,610 | 0 | 88,332 | ||||
6.24 | Property | 1 | Ernie’s | 60.7% | 76,516 | 29,057 | 47,459 | 1,455 | 0 | 46,004 | ||||
6.25 | Property | 1 | Marion Anderson Road | 84.6% | 94,579 | 22,957 | 71,622 | 1,245 | 0 | 70,377 | ||||
6.26 | Property | 1 | Amity | 78.7% | 96,092 | 28,412 | 67,680 | 1,771 | 0 | 65,909 | ||||
6.27 | Property | 1 | Cloverdale | 94.5% | 111,213 | 32,367 | 78,846 | 1,500 | 0 | 77,346 | ||||
6.28 | Property | 1 | Mountain Pine Road | 81.8% | 71,492 | 32,400 | 39,092 | 925 | 0 | 38,167 | ||||
6.29 | Property | 1 | Lucedale MS-613 | 78.7% | 79,264 | 26,820 | 52,443 | 615 | 0 | 51,828 | ||||
6.30 | Property | 1 | Crawfordsville | 86.7% | 98,187 | 35,324 | 62,863 | 1,425 | 0 | 61,438 | ||||
6.31 | Property | 1 | Point Cedar | 63.5% | 61,244 | 24,157 | 37,087 | 1,183 | 0 | 35,904 | ||||
6.32 | Property | 1 | Central 6045 | 62.5% | 61,325 | 22,923 | 38,401 | 1,764 | 0 | 36,637 | ||||
6.33 | Property | 1 | Lucedale 63 North | 67.8% | 58,748 | 27,803 | 30,945 | 680 | 0 | 30,265 | ||||
6.34 | Property | 1 | Malvern Road | 49.7% | 43,525 | 20,544 | 22,982 | 900 | 0 | 22,082 | ||||
6.35 | Property | 1 | John Owens | 70.0% | 51,687 | 20,282 | 31,405 | 1,040 | 0 | 30,365 | ||||
6.36 | Property | 1 | Town Creek | 72.2% | 70,693 | 26,631 | 44,063 | 1,198 | 0 | 42,865 | ||||
6.37 | Property | 1 | Courtland | 51.0% | 40,610 | 26,524 | 14,086 | 790 | 0 | 13,296 | ||||
6.38 | Property | 1 | Thibodaux | 81.5% | 36,761 | 26,568 | 10,194 | 395 | 0 | 9,799 | ||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 95.0% | 9,149,706 | 274,491 | 8,875,215 | 154,658 | 0 | 8,720,558 | 1.68 | 1.65 | 11.3% |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 92.1% | 144,104,515 | 38,201,821 | 105,902,693 | 245,165 | 931,746 | 104,725,782 | 3.01 | 2.98 | 20.2% |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 95.0% | 7,642,961 | 3,248,787 | 4,394,174 | 45,016 | 95,778 | 4,253,381 | 1.65 | 1.59 | 12.2% |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 87.9% | 36,420,340 | 11,434,747 | 24,985,593 | 209,388 | 1,131,826 | 23,644,379 | 2.07 | 1.96 | 16.7% |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 92.0% | 3,918,456 | 913,225 | 3,005,232 | 40,102 | 0 | 2,965,130 | 1.29 | 1.27 | 9.7% |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 92.4% | 5,718,552 | 2,913,628 | 2,804,924 | 149,934 | 0 | 2,654,990 | 1.37 | 1.29 | 9.3% |
12.01 | Property | 1 | Davis Creek Apartments | 91.8% | 4,134,995 | 1,949,949 | 2,185,046 | 101,750 | 0 | 2,083,296 | ||||
12.02 | Property | 1 | Canterbury East Apartments | 93.7% | 1,583,557 | 963,679 | 619,878 | 48,184 | 0 | 571,694 | ||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 95.0% | 4,976,396 | 995,279 | 3,981,117 | 95,094 | 190,187 | 3,695,836 | 2.33 | 2.16 | 13.4% |
A-1-15 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) |
18 | 4, 10, 15 | 4, 10, 15 | 10 | |||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | 95.0% | 1,009,160 | 201,832 | 807,328 | 5,387 | 10,773 | 791,168 | ||||
13.02 | Property | 1 | 260 Industrial Drive | 95.0% | 946,580 | 189,316 | 757,264 | 28,697 | 57,393 | 671,174 | ||||
13.03 | Property | 1 | 770 Sunpark Drive | 95.0% | 900,313 | 180,063 | 720,250 | 19,927 | 39,854 | 660,469 | ||||
13.04 | Property | 1 | 2375 Highway 101 | 95.0% | 714,663 | 142,933 | 571,730 | 19,333 | 38,666 | 513,730 | ||||
13.05 | Property | 1 | 7-10 Audrey Place | 95.0% | 552,019 | 110,404 | 441,615 | 4,800 | 9,600 | 427,215 | ||||
13.06 | Property | 1 | N915 Craftsman Drive | 95.0% | 519,431 | 103,886 | 415,545 | 11,700 | 23,400 | 380,445 | ||||
13.07 | Property | 1 | 7400 Pinemont Drive | 95.0% | 334,230 | 66,846 | 267,384 | 5,250 | 10,500 | 251,634 | ||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 95.5% | 2,529,896 | 500,091 | 2,029,805 | 5,600 | 0 | 2,024,205 | 1.21 | 1.20 | 8.1% |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 84.3% | 3,792,345 | 1,029,158 | 2,763,187 | 34,160 | 193,884 | 2,535,143 | 1.58 | 1.45 | 12.7% |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 95.3% | 2,714,461 | 831,495 | 1,882,967 | 20,577 | 95,595 | 1,766,795 | 1.51 | 1.42 | 10.1% |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 100.0% | 1,876,795 | 0 | 1,876,795 | 0 | 0 | 1,876,795 | 1.51 | 1.51 | 10.2% |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 89.2% | 3,052,844 | 1,262,501 | 1,790,343 | 70,855 | 0 | 1,719,488 | 1.43 | 1.37 | 9.8% |
18.01 | Property | 1 | Garrett Woods Apartments | 83.0% | 1,157,786 | 465,469 | 692,317 | 27,887 | 0 | 664,430 | ||||
18.02 | Property | 1 | Walnut Creek Apartments | 94.1% | 874,405 | 359,129 | 515,276 | 18,178 | 0 | 497,098 | ||||
18.03 | Property | 1 | Live Marathon Apartments | 93.8% | 550,914 | 217,925 | 332,988 | 13,221 | 0 | 319,768 | ||||
18.04 | Property | 1 | Mason Drive Apartments | 91.1% | 469,739 | 219,978 | 249,761 | 11,568 | 0 | 238,193 | ||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 95.0% | 4,196,837 | 1,847,811 | 2,349,025 | 14,300 | 0 | 2,334,725 | 1.76 | 1.75 | 13.0% |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 55.3% | 7,293,356 | 4,827,327 | 2,466,029 | 291,734 | 0 | 2,174,294 | 1.77 | 1.56 | 16.0% |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 95.0% | 1,422,886 | 499,673 | 923,213 | 22,750 | 0 | 900,463 | 1.27 | 1.24 | 8.1% |
22 | Loan | 29 | 1 | Green Tree Villas | 96.4% | 1,706,717 | 348,256 | 1,358,461 | 22,200 | 0 | 1,336,261 | 1.56 | 1.53 | 12.9% |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 86.6% | 45,727,085 | 31,279,180 | 14,447,905 | 1,829,083 | 0 | 12,618,822 | 2.72 | 2.38 | 20.5% |
24 | Loan | 1 | Meadowbrook Apartments | 92.5% | 1,807,333 | 801,564 | 1,005,769 | 52,587 | 0 | 953,182 | 1.45 | 1.37 | 10.7% | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 72.5% | 3,766,423 | 2,384,744 | 1,381,679 | 150,657 | 0 | 1,231,022 | 1.92 | 1.71 | 16.3% |
26 | Loan | 20 | 1 | Four Points Greensboro | 59.8% | 3,062,196 | 1,710,024 | 1,352,172 | 122,488 | 0 | 1,229,684 | 2.16 | 1.96 | 15.9% |
27 | Loan | 12, 31 | 1 | 575 Degraw | 95.0% | 1,337,769 | 395,656 | 942,113 | 8,000 | 20,055 | 914,058 | 1.30 | 1.26 | 11.4% |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 96.7% | 1,001,427 | 222,594 | 778,833 | 8,781 | 1,937 | 768,115 | 1.31 | 1.29 | 10.1% |
28.01 | Property | 1 | 131 Hancock Ave | 97.0% | 256,080 | 45,208 | 210,872 | 786 | 0 | 210,086 | ||||
28.02 | Property | 1 | 69 Lincoln Street | 97.0% | 212,139 | 52,280 | 159,859 | 2,832 | 0 | 157,027 | ||||
28.03 | Property | 1 | 64 Logan Ave | 95.0% | 192,261 | 43,302 | 148,959 | 1,341 | 1,937 | 145,680 | ||||
28.04 | Property | 1 | 128 Bayview Ave | 97.0% | 167,616 | 37,241 | 130,375 | 2,143 | 0 | 128,232 | ||||
28.05 | Property | 1 | 128 St. Paul's Ave | 97.0% | 173,331 | 44,563 | 128,768 | 1,679 | 0 | 127,090 | ||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 60.2% | 111,076,788 | 76,576,225 | 34,500,562 | 5,424,586 | 0 | 29,075,976 | 1.82 | 1.53 | 16.0% |
30 | Loan | 1 | Palm Beach Commons | 92.6% | 1,575,535 | 687,125 | 888,410 | 24,509 | 46,635 | 817,267 | 1.86 | 1.71 | 14.8% | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 95.0% | 798,545 | 161,785 | 636,761 | 3,972 | 862 | 631,927 | 1.62 | 1.61 | 12.0% |
32 | Loan | 18, 35 | 1 | The Dylan | 89.8% | 924,064 | 441,941 | 482,123 | 33,828 | 0 | 448,294 | 1.42 | 1.32 | 10.9% |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 89.0% | 684,873 | 247,148 | 437,725 | 6,540 | 0 | 431,185 | 1.38 | 1.36 | 10.5% |
33.01 | Property | 1 | Dayville Storage | 90.8% | 265,596 | 87,715 | 177,881 | 2,398 | 0 | 175,483 | ||||
33.02 | Property | 1 | Mechanic Street Storage | 92.9% | 240,703 | 87,120 | 153,583 | 2,055 | 0 | 151,528 | ||||
33.03 | Property | 1 | Brooklyn Self Storage | 81.9% | 178,573 | 72,313 | 106,261 | 2,087 | 0 | 104,173 | ||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 97.0% | 390,871 | 97,175 | 293,696 | 2,766 | 0 | 290,930 | 1.35 | 1.34 | 10.5% |
35 | Loan | 1 | Cityline Livingston Storage | 86.1% | 361,691 | 115,567 | 246,124 | 4,350 | 0 | 241,774 | 1.45 | 1.42 | 10.9% | |
36 | Loan | 1 | Enon Storage | 92.5% | 333,215 | 96,652 | 236,563 | 2,964 | 0 | 233,599 | 1.49 | 1.47 | 10.5% |
A-1-16 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) |
10 | 20 | 20 | 10, 20 | 10, 20 | 5, 12, 26, 28 | ||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 10.8% | 134,400,000 | As Is | 11/2/2023 | 55.8% | 55.8% | 91.2% | ||
1.01 | Property | 1 | Garfield Commons | 54,500,000 | As Is | 11/2/2023 | 92.5% | 10/25/2023 | NAP | ||||
1.02 | Property | 1 | Farmbrooke Manor | 33,700,000 | As Is | 11/2/2023 | 95.0% | 10/25/2023 | NAP | ||||
1.03 | Property | 1 | Warren Woods | 18,550,000 | As Is | 11/2/2023 | 84.4% | 10/25/2023 | NAP | ||||
1.04 | Property | 1 | Highland Towers | 16,900,000 | As Is | 11/2/2023 | 86.6% | 10/25/2023 | NAP | ||||
1.05 | Property | 1 | Golf Manor | 10,750,000 | As Is | 11/2/2023 | 95.8% | 10/25/2023 | NAP | ||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 13.4% | 1,800,000,000 | As Is | 10/5/2023 | 39.4% | 39.4% | 95.4% | 11/1/2023 | No |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 13.9% | 102,200,000 | As Is | Various | 58.7% | 58.7% | 100.0% | ||
3.01 | Property | 1 | 1111 Izaak Walton Road | 34,800,000 | As Is | 8/10/2023 | 100.0% | 1/6/2024 | Yes | ||||
3.02 | Property | 1 | 2000 Bolton Street | 25,000,000 | As Is | 8/9/2023 | 100.0% | 1/6/2024 | Yes | ||||
3.03 | Property | 1 | 6420 Glenn Highway Road | 13,900,000 | As Is | 8/11/2023 | 100.0% | 1/6/2024 | Yes | ||||
3.04 | Property | 1 | 1 International Drive | 13,500,000 | As Is | 8/9/2023 | 100.0% | 1/6/2024 | Yes | ||||
3.05 | Property | 1 | 645 East Broad Street | 9,800,000 | As Is | 8/10/2023 | 100.0% | 1/6/2024 | Yes | ||||
3.06 | Property | 1 | 4825 Hoffman Street | 5,200,000 | As Is | 8/11/2023 | 100.0% | 1/6/2024 | Yes | ||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 14.6% | 143,000,000 | As Is | 5/28/2023 | 59.4% | 59.4% | 77.0% | 10/31/2023 | NAP |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 8.7% | 130,600,000 | As Is | 11/16/2023 | 64.4% | 64.4% | 95.4% | ||
5.01 | Property | 1 | 509 & 515 West 110th Street | 63,500,000 | As Is | 11/16/2023 | 97.7% | 12/13/2023 | NAP | ||||
5.02 | Property | 1 | 517 West 113th Street | 21,600,000 | As Is | 11/16/2023 | 95.6% | 12/13/2023 | NAP | ||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | 22,000,000 | As Is | 11/16/2023 | 91.5% | 12/13/2023 | NAP | ||||
5.04 | Property | 1 | 21 5th Avenue | 12,100,000 | As Is | 11/16/2023 | 94.3% | 12/13/2023 | NAP | ||||
5.05 | Property | 1 | 603 West 140th Street | 11,400,000 | As Is | 11/16/2023 | 96.4% | 12/13/2023 | NAP | ||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 9.3% | 94,600,000 | As Is Portfolio | 6/22/2023 | 58.7% | 58.7% | 75.4% | ||
6.01 | Property | 1 | New Orleans | 10,300,000 | As Is | 6/16/2023 | 72.4% | 10/1/2023 | NAP | ||||
6.02 | Property | 1 | Loveland | 7,750,000 | As Is | 6/22/2023 | 83.6% | 10/1/2023 | NAP | ||||
6.03 | Property | 1 | Anderson Storage | 7,550,000 | As Is | 6/13/2023 | 72.2% | 10/1/2023 | NAP | ||||
6.04 | Property | 1 | Higdon Road | 5,500,000 | As Is | 6/7/2023 | 87.3% | 10/1/2023 | NAP | ||||
6.05 | Property | 1 | Lake Charles | 4,900,000 | As Is | 6/7/2023 | 82.1% | 10/1/2023 | NAP | ||||
6.06 | Property | 1 | Columbus | 4,450,000 | As Is | 6/17/2023 | 76.9% | 10/1/2023 | NAP | ||||
6.07 | Property | 1 | Danville | 4,400,000 | As Is | 6/17/2023 | 79.5% | 10/1/2023 | NAP | ||||
6.08 | Property | 1 | Files Road | 3,900,000 | As Is | 6/7/2023 | 77.0% | 10/1/2023 | NAP | ||||
6.09 | Property | 1 | Greencastle | 3,700,000 | As Is | 6/13/2023 | 76.8% | 10/1/2023 | NAP | ||||
6.10 | Property | 1 | Hot Springs 267 | 3,000,000 | As Is | 6/7/2023 | 74.3% | 10/1/2023 | NAP | ||||
6.11 | Property | 1 | Royal | 2,900,000 | As Is | 6/8/2023 | 76.9% | 10/1/2023 | NAP | ||||
6.12 | Property | 1 | Winans | 2,900,000 | As Is | 6/7/2023 | 69.9% | 10/1/2023 | NAP | ||||
6.13 | Property | 1 | Meridian | 2,400,000 | As Is | 6/9/2023 | 67.7% | 10/1/2023 | NAP | ||||
6.14 | Property | 1 | Florence | 2,000,000 | As Is | 6/9/2023 | 58.5% | 10/1/2023 | NAP | ||||
6.15 | Property | 1 | Lucedale 63 South | 1,950,000 | As Is | 6/13/2023 | 71.8% | 10/1/2023 | NAP | ||||
6.16 | Property | 1 | Hot Springs 176 | 1,800,000 | As Is | 6/7/2023 | 79.0% | 10/1/2023 | NAP | ||||
6.17 | Property | 1 | Moulton | 1,725,000 | As Is | 6/6/2023 | 86.8% | 10/1/2023 | NAP | ||||
6.18 | Property | 1 | Airport Road | 1,625,000 | As Is | 6/7/2023 | 80.9% | 10/1/2023 | NAP | ||||
6.19 | Property | 1 | Central 6122 | 1,550,000 | As Is | 6/7/2023 | 45.1% | 10/1/2023 | NAP | ||||
6.20 | Property | 1 | Higdon Ferry Road South | 1,350,000 | As Is | 6/7/2023 | 69.9% | 10/1/2023 | NAP | ||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | 1,350,000 | As Is | 6/6/2023 | 71.6% | 10/1/2023 | NAP | ||||
6.22 | Property | 1 | Moss Point | 1,325,000 | As Is | 6/13/2023 | 74.6% | 10/1/2023 | NAP | ||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | 1,200,000 | As Is | 6/6/2023 | 76.1% | 10/1/2023 | NAP | ||||
6.24 | Property | 1 | Ernie’s | 1,075,000 | As Is | 6/7/2023 | 58.8% | 10/1/2023 | NAP | ||||
6.25 | Property | 1 | Marion Anderson Road | 1,050,000 | As Is | 6/7/2023 | 83.5% | 10/1/2023 | NAP | ||||
6.26 | Property | 1 | Amity | 1,030,000 | As Is | 6/8/2023 | 79.6% | 10/1/2023 | NAP | ||||
6.27 | Property | 1 | Cloverdale | 850,000 | As Is | 6/13/2023 | 95.0% | 10/1/2023 | NAP | ||||
6.28 | Property | 1 | Mountain Pine Road | 810,000 | As Is | 6/7/2023 | 80.0% | 10/1/2023 | NAP | ||||
6.29 | Property | 1 | Lucedale MS-613 | 775,000 | As Is | 6/13/2023 | 79.7% | 10/1/2023 | NAP | ||||
6.30 | Property | 1 | Crawfordsville | 750,000 | As Is | 6/13/2023 | 85.6% | 10/1/2023 | NAP | ||||
6.31 | Property | 1 | Point Cedar | 700,000 | As Is | 6/8/2023 | 71.7% | 10/1/2023 | NAP | ||||
6.32 | Property | 1 | Central 6045 | 680,000 | As Is | 6/7/2023 | 68.8% | 10/1/2023 | NAP | ||||
6.33 | Property | 1 | Lucedale 63 North | 625,000 | As Is | 6/13/2023 | 66.2% | 10/1/2023 | NAP | ||||
6.34 | Property | 1 | Malvern Road | 600,000 | As Is | 6/7/2023 | 48.3% | 10/1/2023 | NAP | ||||
6.35 | Property | 1 | John Owens | 540,000 | As Is | 6/7/2023 | 68.3% | 10/1/2023 | NAP | ||||
6.36 | Property | 1 | Town Creek | 525,000 | As Is | 6/6/2023 | 78.9% | 10/1/2023 | NAP | ||||
6.37 | Property | 1 | Courtland | 475,000 | As Is | 6/6/2023 | 57.6% | 10/1/2023 | NAP | ||||
6.38 | Property | 1 | Thibodaux | 280,000 | As Is | 6/16/2023 | 83.5% | 10/1/2023 | NAP | ||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 11.1% | 140,700,000 | As Is | 10/20/2023 | 56.0% | 56.0% | 100.0% | 1/6/2024 | Yes |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 19.9% | 1,814,000,000 | As Is | 10/23/2023 | 28.9% | 28.9% | 94.9% | 9/13/2023 | No |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 11.8% | 53,700,000 | As Is | 10/10/2023 | 67.0% | 67.0% | 96.8% | 11/21/2023 | No |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 15.8% | 300,000,000 | As Is | 10/12/2023 | 50.0% | 50.0% | 90.3% | 12/18/2023 | No |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 9.6% | 51,800,000 | As Is | 10/12/2023 | 59.7% | 59.7% | 92.4% | 11/1/2023 | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 8.8% | 44,150,000 | Various | 10/26/2023 | 68.0% | 68.0% | 93.2% | ||
12.01 | Property | 1 | Davis Creek Apartments | 30,850,000 | Hypothetical As Complete | 10/26/2023 | 92.9% | 11/1/2023 | NAP | ||||
12.02 | Property | 1 | Canterbury East Apartments | 13,300,000 | As Is | 10/26/2023 | 94.1% | 11/1/2023 | NAP | ||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 12.5% | 60,870,000 | As Is | Various | 48.7% | 48.7% | 100.0% |
A-1-17 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) |
10 | 20 | 20 | 10, 20 | 10, 20 | 5, 12, 26, 28 | ||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | 14,700,000 | As Is | 10/11/2023 | 100.0% | 12/6/2023 | Yes | ||||
13.02 | Property | 1 | 260 Industrial Drive | 10,500,000 | As Is | 10/10/2023 | 100.0% | 12/6/2023 | Yes | ||||
13.03 | Property | 1 | 770 Sunpark Drive | 10,260,000 | As Is | 10/6/2023 | 100.0% | 12/6/2023 | Yes | ||||
13.04 | Property | 1 | 2375 Highway 101 | 8,600,000 | As Is | 10/11/2023 | 100.0% | 12/6/2023 | Yes | ||||
13.05 | Property | 1 | 7-10 Audrey Place | 7,500,000 | As Is | 10/9/2023 | 100.0% | 12/6/2023 | Yes | ||||
13.06 | Property | 1 | N915 Craftsman Drive | 5,650,000 | As Is | 10/10/2023 | 100.0% | 12/6/2023 | Yes | ||||
13.07 | Property | 1 | 7400 Pinemont Drive | 3,660,000 | As Is | 10/5/2023 | 100.0% | 12/6/2023 | Yes | ||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 8.1% | 39,100,000 | As Is | 7/11/2023 | 63.9% | 63.9% | 85.7% | 11/17/2023 | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 11.7% | 41,400,000 | As Is | 12/12/2023 | 52.5% | 52.5% | 94.9% | 12/7/2023 | No |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 9.5% | 29,600,000 | As Is | 11/7/2023 | 63.0% | 63.0% | 99.1% | 12/7/2023 | No |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 10.2% | 27,000,000 | As Is | 11/6/2023 | 68.3% | 68.3% | NAP | NAP | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 9.4% | 27,850,000 | As Is | Various | 65.9% | 65.9% | 89.8% | ||
18.01 | Property | 1 | Garrett Woods Apartments | 11,350,000 | As Is | 11/16/2023 | 84.4% | 11/15/2023 | NAP | ||||
18.02 | Property | 1 | Walnut Creek Apartments | 7,470,000 | As Is | 11/9/2023 | 94.3% | 11/15/2023 | NAP | ||||
18.03 | Property | 1 | Live Marathon Apartments | 4,970,000 | As Is | 11/16/2023 | 93.8% | 11/15/2023 | NAP | ||||
18.04 | Property | 1 | Mason Drive Apartments | 4,060,000 | As Is | 11/16/2023 | 91.1% | 11/15/2023 | NAP | ||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 12.9% | 36,000,000 | As Is | 10/23/2023 | 50.3% | 50.3% | 100.0% | 12/4/2023 | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 14.1% | 27,400,000 | As Is | 8/30/2023 | 56.1% | 56.1% | 55.3% | 9/30/2023 | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 7.9% | 15,400,000 | As Is | 8/10/2023 | 73.7% | 73.7% | 95.6% | 12/18/2023 | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | 12.7% | 18,100,000 | As Is | 9/21/2023 | 58.0% | 58.0% | 96.6% | 10/1/2023 | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 17.9% | 216,000,000 | As Is | 10/3/2023 | 32.6% | 32.6% | 86.6% | 9/30/2023 | NAP |
24 | Loan | 1 | Meadowbrook Apartments | 10.1% | 13,700,000 | As Is | 11/20/2023 | 68.6% | 68.6% | 93.0% | 12/1/2023 | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 14.5% | 14,900,000 | Prospective Market Value Upon Completion | 12/12/2024 | 57.0% | 54.4% | 72.5% | 10/31/2023 | NAP |
26 | Loan | 20 | 1 | Four Points Greensboro | 14.5% | 12,800,000 | As Is (Extraordinary Assumption) | 10/20/2023 | 66.4% | 66.4% | 59.8% | 10/31/2023 | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | 11.0% | 36,000,000 | As Is | 10/11/2023 | 23.1% | 23.1% | 100.0% | 10/1/2023 | No |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 10.0% | 11,150,000 | As Is | Various | 69.1% | 69.1% | 100.0% | ||
28.01 | Property | 1 | 131 Hancock Ave | 3,000,000 | As Is | 9/21/2023 | 100.0% | 11/1/2023 | NAP | ||||
28.02 | Property | 1 | 69 Lincoln Street | 2,500,000 | As Is | 11/16/2023 | 100.0% | 11/1/2023 | NAP | ||||
28.03 | Property | 1 | 64 Logan Ave | 1,950,000 | As Is | 9/21/2023 | 100.0% | 11/1/2023 | No | ||||
28.04 | Property | 1 | 128 Bayview Ave | 1,900,000 | As Is | 9/21/2023 | 100.0% | 11/1/2023 | NAP | ||||
28.05 | Property | 1 | 128 St. Paul's Ave | 1,800,000 | As Is | 9/21/2023 | 100.0% | 11/1/2023 | NAP | ||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 13.5% | 391,300,000 | As Is | 9/7/2023 | 54.9% | 54.9% | 57.1% | 9/30/2023 | NAP |
30 | Loan | 1 | Palm Beach Commons | 13.6% | 14,300,000 | As Is | 9/29/2023 | 42.0% | 42.0% | 93.4% | 9/20/2023 | No | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 11.9% | 7,700,000 | As Is | 10/12/2023 | 68.8% | 68.8% | 100.0% | 11/1/2023 | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | 10.1% | 7,060,000 | As Is | 8/17/2023 | 62.9% | 62.9% | 91.0% | 12/5/2023 | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 10.3% | 7,400,000 | As Is | 10/29/2023 | 56.6% | 56.6% | 96.6% | ||
33.01 | Property | 1 | Dayville Storage | 2,900,000 | As Is | 10/29/2023 | 98.4% | 10/31/2023 | NAP | ||||
33.02 | Property | 1 | Mechanic Street Storage | 2,500,000 | As Is | 10/29/2023 | 99.0% | 10/31/2023 | NAP | ||||
33.03 | Property | 1 | Brooklyn Self Storage | 2,000,000 | As Is | 10/29/2023 | 92.0% | 10/31/2023 | NAP | ||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 10.4% | 4,600,000 | As Is | 10/13/2023 | 60.9% | 60.9% | 100.0% | 10/25/2023 | NAP |
35 | Loan | 1 | Cityline Livingston Storage | 10.7% | 3,600,000 | As Is | 10/17/2023 | 62.5% | 62.5% | 91.4% | 10/10/2023 | NAP | |
36 | Loan | 1 | Enon Storage | 10.4% | 3,400,000 | As Is | 11/10/2023 | 66.2% | 66.2% | 85.1% | 11/7/2023 | NAP |
A-1-18 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date |
27 | 27 | 27 | 6, 27 | 27 | 27 | 27 | 6, 27 | |||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | ||||||||
1.01 | Property | 1 | Garfield Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | 1 | Farmbrooke Manor | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | 1 | Warren Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | 1 | Highland Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | 1 | Golf Manor | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | Bloomingdale's | 252,754 | 14.1% | 7/22/2028 | Macy's | 237,076 | 13.2% | 7/24/2028 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | ||||||||
3.01 | Property | 1 | 1111 Izaak Walton Road | Tenneco Inc. | 550,344 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | |
3.02 | Property | 1 | 2000 Bolton Street | Tenneco Inc. | 300,000 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | |
3.03 | Property | 1 | 6420 Glenn Highway Road | Tenneco Inc. | 176,700 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | |
3.04 | Property | 1 | 1 International Drive | Tenneco Inc. | 195,916 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | |
3.05 | Property | 1 | 645 East Broad Street | Tenneco Inc. | 230,000 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | |
3.06 | Property | 1 | 4825 Hoffman Street | Tenneco Inc. | 85,800 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | |
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | ||||||||
5.01 | Property | 1 | 509 & 515 West 110th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.02 | Property | 1 | 517 West 113th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.03 | Property | 1 | 652 and 664 West 163rd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.04 | Property | 1 | 21 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.05 | Property | 1 | 603 West 140th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | ||||||||
6.01 | Property | 1 | New Orleans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Loveland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Anderson Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.04 | Property | 1 | Higdon Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.05 | Property | 1 | Lake Charles | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.06 | Property | 1 | Columbus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.07 | Property | 1 | Danville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.08 | Property | 1 | Files Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.09 | Property | 1 | Greencastle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.10 | Property | 1 | Hot Springs 267 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.11 | Property | 1 | Royal | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.12 | Property | 1 | Winans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.13 | Property | 1 | Meridian | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.14 | Property | 1 | Florence | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.15 | Property | 1 | Lucedale 63 South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.16 | Property | 1 | Hot Springs 176 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.17 | Property | 1 | Moulton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.18 | Property | 1 | Airport Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.19 | Property | 1 | Central 6122 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.20 | Property | 1 | Higdon Ferry Road South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.21 | Property | 1 | Trinity - Al. Hwy 24 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.22 | Property | 1 | Moss Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.24 | Property | 1 | Ernie’s | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.25 | Property | 1 | Marion Anderson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.26 | Property | 1 | Amity | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.27 | Property | 1 | Cloverdale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.28 | Property | 1 | Mountain Pine Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.29 | Property | 1 | Lucedale MS-613 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.30 | Property | 1 | Crawfordsville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.31 | Property | 1 | Point Cedar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.32 | Property | 1 | Central 6045 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.33 | Property | 1 | Lucedale 63 North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.34 | Property | 1 | Malvern Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.35 | Property | 1 | John Owens | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.36 | Property | 1 | Town Creek | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.37 | Property | 1 | Courtland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.38 | Property | 1 | Thibodaux | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | Gotion, Inc. | 1,546,575 | 100.0% | 11/30/2038 | NAP | NAP | NAP | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | Macy's | 439,632 | 21.4% | 7/31/2026 | Nordstrom | 245,348 | 11.9% | 7/31/2026 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | Crystal Ballroom | 12,634 | 13.2% | 4/30/2030 | CVS | 11,000 | 11.5% | 1/31/2034 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | AMC | 70,000 | 12.4% | 12/31/2028 | Barnes & Noble | 25,000 | 4.4% | 1/31/2029 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | ||||||||
12.01 | Property | 1 | Davis Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12.02 | Property | 1 | Canterbury East Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio |
A-1-19 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date |
27 | 27 | 27 | 6, 27 | 27 | 27 | 27 | 6, 27 | |||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | MW Industries | 35,910 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
13.02 | Property | 1 | 260 Industrial Drive | MW Industries | 191,311 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
13.03 | Property | 1 | 770 Sunpark Drive | MW Industries | 132,848 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
13.04 | Property | 1 | 2375 Highway 101 | MW Industries | 128,888 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
13.05 | Property | 1 | 7-10 Audrey Place | MW Industries | 32,000 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
13.06 | Property | 1 | N915 Craftsman Drive | MW Industries | 78,000 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
13.07 | Property | 1 | 7400 Pinemont Drive | MW Industries | 35,000 | 100.0% | 8/31/2043 | NAP | NAP | NAP | NAP | |
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | Ross Dress for Less | 30,056 | 13.2% | 1/31/2026 | Best Buy | 30,046 | 13.2% | 3/31/2026 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | Lowes Foods | 50,328 | 36.7% | 12/5/2037 | USPS | 21,762 | 15.9% | 4/30/2032 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | ||||||||
18.01 | Property | 1 | Garrett Woods Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.02 | Property | 1 | Walnut Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.03 | Property | 1 | Live Marathon Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.04 | Property | 1 | Mason Drive Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 20 | 1 | Four Points Greensboro | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | Fresenius (New York Dialysis) | 22,000 | 55.0% | 9/30/2026 | NYC Bouldering | 18,000 | 45.0% | 2/28/2034 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | ||||||||
28.01 | Property | 1 | 131 Hancock Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.02 | Property | 1 | 69 Lincoln Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.03 | Property | 1 | 64 Logan Ave | MA Investing Corp | 1,800 | 100.0% | 10/31/2028 | NAP | NAP | NAP | NAP | |
28.04 | Property | 1 | 128 Bayview Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.05 | Property | 1 | 128 St. Paul's Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 1 | Palm Beach Commons | Family Dollar Stores of Florida, Inc. | 10,895 | 15.6% | 12/31/2028 | Shoe Haul I, LLC | 8,480 | 12.1% | 9/30/2024 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | ||||||||
33.01 | Property | 1 | Dayville Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.02 | Property | 1 | Mechanic Street Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.03 | Property | 1 | Brooklyn Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-20 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date |
27 | 27 | 27 | 6, 27 | 27 | 27 | 27 | 6, 27 | |||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | ||||||||
1.01 | Property | 1 | Garfield Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | 1 | Farmbrooke Manor | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | 1 | Warren Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | 1 | Highland Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | 1 | Golf Manor | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | Nordstrom | 201,000 | 11.2% | 3/31/2025 | AMC Theatres | 105,122 | 5.9% | 9/30/2025 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | ||||||||
3.01 | Property | 1 | 1111 Izaak Walton Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.02 | Property | 1 | 2000 Bolton Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.03 | Property | 1 | 6420 Glenn Highway Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.04 | Property | 1 | 1 International Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.05 | Property | 1 | 645 East Broad Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.06 | Property | 1 | 4825 Hoffman Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | ||||||||
5.01 | Property | 1 | 509 & 515 West 110th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.02 | Property | 1 | 517 West 113th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.03 | Property | 1 | 652 and 664 West 163rd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.04 | Property | 1 | 21 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.05 | Property | 1 | 603 West 140th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | ||||||||
6.01 | Property | 1 | New Orleans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Loveland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Anderson Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.04 | Property | 1 | Higdon Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.05 | Property | 1 | Lake Charles | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.06 | Property | 1 | Columbus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.07 | Property | 1 | Danville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.08 | Property | 1 | Files Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.09 | Property | 1 | Greencastle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.10 | Property | 1 | Hot Springs 267 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.11 | Property | 1 | Royal | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.12 | Property | 1 | Winans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.13 | Property | 1 | Meridian | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.14 | Property | 1 | Florence | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.15 | Property | 1 | Lucedale 63 South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.16 | Property | 1 | Hot Springs 176 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.17 | Property | 1 | Moulton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.18 | Property | 1 | Airport Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.19 | Property | 1 | Central 6122 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.20 | Property | 1 | Higdon Ferry Road South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.21 | Property | 1 | Trinity - Al. Hwy 24 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.22 | Property | 1 | Moss Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.24 | Property | 1 | Ernie’s | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.25 | Property | 1 | Marion Anderson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.26 | Property | 1 | Amity | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.27 | Property | 1 | Cloverdale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.28 | Property | 1 | Mountain Pine Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.29 | Property | 1 | Lucedale MS-613 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.30 | Property | 1 | Crawfordsville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.31 | Property | 1 | Point Cedar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.32 | Property | 1 | Central 6045 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.33 | Property | 1 | Lucedale 63 North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.34 | Property | 1 | Malvern Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.35 | Property | 1 | John Owens | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.36 | Property | 1 | Town Creek | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.37 | Property | 1 | Courtland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.38 | Property | 1 | Thibodaux | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | Neiman Marcus | 141,139 | 6.9% | 8/31/2041 | AMC | 95,818 | 4.7% | 5/31/2027 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | Maui Nix | 7,617 | 8.0% | 2/28/2031 | Dick's Last Resort | 7,614 | 7.9% | 3/22/2034 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | H&M | 20,799 | 3.7% | 1/31/2032 | Glo Mini Golf | 14,961 | 2.6% | 5/31/2028 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | ||||||||
12.01 | Property | 1 | Davis Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12.02 | Property | 1 | Canterbury East Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio |
A-1-21 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date |
27 | 27 | 27 | 6, 27 | 27 | 27 | 27 | 6, 27 | |||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.02 | Property | 1 | 260 Industrial Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.03 | Property | 1 | 770 Sunpark Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.04 | Property | 1 | 2375 Highway 101 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.05 | Property | 1 | 7-10 Audrey Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.06 | Property | 1 | N915 Craftsman Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.07 | Property | 1 | 7400 Pinemont Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | TJ Maxx | 24,125 | 10.6% | 11/30/2026 | Michael's | 23,800 | 10.5% | 2/28/2025 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | Community Thrift Store | 16,000 | 11.7% | 5/31/2028 | Dollar Tree | 10,000 | 7.3% | 9/30/2028 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | ||||||||
18.01 | Property | 1 | Garrett Woods Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.02 | Property | 1 | Walnut Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.03 | Property | 1 | Live Marathon Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.04 | Property | 1 | Mason Drive Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 20 | 1 | Four Points Greensboro | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | ||||||||
28.01 | Property | 1 | 131 Hancock Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.02 | Property | 1 | 69 Lincoln Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.03 | Property | 1 | 64 Logan Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.04 | Property | 1 | 128 Bayview Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.05 | Property | 1 | 128 St. Paul's Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 1 | Palm Beach Commons | Bella Banquet Hall LLC | 7,660 | 10.9% | 5/31/2025 | Mar De Plata Restaurant LLC | 5,913 | 8.4% | 5/31/2029 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | ||||||||
33.01 | Property | 1 | Dayville Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.02 | Property | 1 | Mechanic Street Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.03 | Property | 1 | Brooklyn Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-22 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone |
27 | 27 | 27 | 6, 27 | |||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | ||||||||||
1.01 | Property | 1 | Garfield Commons | NAP | NAP | NAP | NAP | 11/9/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
1.02 | Property | 1 | Farmbrooke Manor | NAP | NAP | NAP | NAP | 11/9/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
1.03 | Property | 1 | Warren Woods | NAP | NAP | NAP | NAP | 11/9/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
1.04 | Property | 1 | Highland Towers | NAP | NAP | NAP | NAP | 11/9/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
1.05 | Property | 1 | Golf Manor | NAP | NAP | NAP | NAP | 11/9/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | Primark | 50,186 | 2.8% | 5/31/2034 | 8/2/2023 | NAP | 8/7/2023 | NAP | NAP | No |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | ||||||||||
3.01 | Property | 1 | 1111 Izaak Walton Road | NAP | NAP | NAP | NAP | 3/31/2023 | 7/27/2023 | 2/21/2023 | NAP | NAP | No | |
3.02 | Property | 1 | 2000 Bolton Street | NAP | NAP | NAP | NAP | 3/31/2023 | NAP | 2/13/2023 | 2/8/2023 | 7% | No | |
3.03 | Property | 1 | 6420 Glenn Highway Road | NAP | NAP | NAP | NAP | 3/31/2023 | 7/28/2023 | 2/14/2023 | NAP | NAP | Yes - A | |
3.04 | Property | 1 | 1 International Drive | NAP | NAP | NAP | NAP | 7/6/2023 | NAP | 7/6/2023 | NAP | NAP | No | |
3.05 | Property | 1 | 645 East Broad Street | NAP | NAP | NAP | NAP | 3/31/2023 | 7/27/2023 | 2/10/2023 | NAP | NAP | No | |
3.06 | Property | 1 | 4825 Hoffman Street | NAP | NAP | NAP | NAP | 7/6/2023 | NAP | 7/6/2023 | NAP | NAP | No | |
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | NAP | NAP | NAP | NAP | 6/22/2023 | NAP | 11/10/2023 | NAP | NAP | No |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | ||||||||||
5.01 | Property | 1 | 509 & 515 West 110th Street | NAP | NAP | NAP | NAP | 11/28/2023 | NAP | 11/28/2023 | NAP | NAP | No | |
5.02 | Property | 1 | 517 West 113th Street | NAP | NAP | NAP | NAP | 11/28/2023 | NAP | 11/28/2023 | NAP | NAP | No | |
5.03 | Property | 1 | 652 and 664 West 163rd Street | NAP | NAP | NAP | NAP | 11/28/2023 | NAP | 11/28/2023 | NAP | NAP | No | |
5.04 | Property | 1 | 21 5th Avenue | NAP | NAP | NAP | NAP | 11/28/2023 | NAP | 11/28/2023 | NAP | NAP | No | |
5.05 | Property | 1 | 603 West 140th Street | NAP | NAP | NAP | NAP | 11/28/2023 | NAP | 11/28/2023 | NAP | NAP | No | |
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | ||||||||||
6.01 | Property | 1 | New Orleans | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | Yes - AE | |
6.02 | Property | 1 | Loveland | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.03 | Property | 1 | Anderson Storage | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.04 | Property | 1 | Higdon Road | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.05 | Property | 1 | Lake Charles | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.06 | Property | 1 | Columbus | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.07 | Property | 1 | Danville | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.08 | Property | 1 | Files Road | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.09 | Property | 1 | Greencastle | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.10 | Property | 1 | Hot Springs 267 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.11 | Property | 1 | Royal | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | Yes - A | |
6.12 | Property | 1 | Winans | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | Yes - AE | |
6.13 | Property | 1 | Meridian | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | Yes - AE | |
6.14 | Property | 1 | Florence | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.15 | Property | 1 | Lucedale 63 South | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.16 | Property | 1 | Hot Springs 176 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.17 | Property | 1 | Moulton | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.18 | Property | 1 | Airport Road | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.19 | Property | 1 | Central 6122 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.20 | Property | 1 | Higdon Ferry Road South | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.21 | Property | 1 | Trinity - Al. Hwy 24 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.22 | Property | 1 | Moss Point | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.24 | Property | 1 | Ernie’s | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.25 | Property | 1 | Marion Anderson Road | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.26 | Property | 1 | Amity | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.27 | Property | 1 | Cloverdale | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.28 | Property | 1 | Mountain Pine Road | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | Yes - A | |
6.29 | Property | 1 | Lucedale MS-613 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.30 | Property | 1 | Crawfordsville | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.31 | Property | 1 | Point Cedar | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.32 | Property | 1 | Central 6045 | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.33 | Property | 1 | Lucedale 63 North | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.34 | Property | 1 | Malvern Road | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.35 | Property | 1 | John Owens | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.36 | Property | 1 | Town Creek | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.37 | Property | 1 | Courtland | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
6.38 | Property | 1 | Thibodaux | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 11/14/2023 | NAP | NAP | No | |
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | NAP | NAP | NAP | NAP | 8/8/2023 | NAP | 8/4/2023 | NAP | NAP | No |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | Forever 21 | 38,218 | 1.9% | 4/30/2025 | 12/1/2023 | NAP | 10/31/2023 | NAP | NAP | Yes - AE |
9 | Loan | 18, 28, 36 | 1 | Beach Place | Escapology | 7,070 | 7.4% | 3/31/2027 | 10/18/2023 | NAP | 10/20/2023 | NAP | NAP | Yes - AO |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | Old Navy | 14,504 | 2.6% | 6/30/2029 | 10/12/2023 | NAP | 10/12/2023 | 10/12/2023 | 14% | No |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | NAP | NAP | NAP | 10/25/2023 | NAP | 10/25/2023 | NAP | NAP | No |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | ||||||||||
12.01 | Property | 1 | Davis Creek Apartments | NAP | NAP | NAP | NAP | 9/6/2023 | NAP | 9/6/2023 | NAP | NAP | No | |
12.02 | Property | 1 | Canterbury East Apartments | NAP | NAP | NAP | NAP | 9/6/2023 | NAP | 9/6/2023 | NAP | NAP | No | |
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio |
A-1-23 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone |
27 | 27 | 27 | 6, 27 | |||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAP | NAP | NAP | NAP | 7/17/2023 | NAP | 7/19/2023 | 7/18/2023 | 18% | Yes - A | |
13.02 | Property | 1 | 260 Industrial Drive | NAP | NAP | NAP | NAP | 7/13/2023 | NAP | 7/12/2023 | NAP | NAP | No | |
13.03 | Property | 1 | 770 Sunpark Drive | NAP | NAP | NAP | NAP | 5/19/2023 | NAP | 5/19/2023 | NAP | NAP | No | |
13.04 | Property | 1 | 2375 Highway 101 | NAP | NAP | NAP | NAP | 7/17/2023 | NAP | 7/17/2023 | NAP | NAP | No | |
13.05 | Property | 1 | 7-10 Audrey Place | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | Yes - AE | |
13.06 | Property | 1 | N915 Craftsman Drive | NAP | NAP | NAP | NAP | 7/17/2023 | NAP | 7/17/2023 | NAP | NAP | No | |
13.07 | Property | 1 | 7400 Pinemont Drive | NAP | NAP | NAP | NAP | 7/17/2023 | NAP | 7/12/2023 | NAP | NAP | Yes - A | |
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | NAP | NAP | NAP | 7/25/2023 | NAP | 7/25/2023 | NAP | NAP | Yes - AE |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | HomeGoods | 22,684 | 10.0% | 5/31/2034 | 10/31/2023 | NAP | 10/31/2023 | NAP | NAP | No |
16 | Loan | 30, 37 | 1 | Oakbrook Station | Lumber Jill's | 6,185 | 4.5% | 1/31/2026 | 11/15/2023 | NAP | 11/15/2023 | NAP | NAP | No |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | 11/6/2023 | NAP | 11/6/2023 | NAP | NAP | No |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | ||||||||||
18.01 | Property | 1 | Garrett Woods Apartments | NAP | NAP | NAP | NAP | 11/15/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
18.02 | Property | 1 | Walnut Creek Apartments | NAP | NAP | NAP | NAP | 11/20/2023 | NAP | 11/22/2023 | NAP | NAP | Yes - AE | |
18.03 | Property | 1 | Live Marathon Apartments | NAP | NAP | NAP | NAP | 11/15/2023 | NAP | 11/9/2023 | NAP | NAP | No | |
18.04 | Property | 1 | Mason Drive Apartments | NAP | NAP | NAP | NAP | 11/16/2023 | NAP | 11/16/2023 | NAP | NAP | No | |
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | 11/2/2023 | NAP | 10/24/2023 | 11/2/2023 | 11% | No |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | NAP | NAP | NAP | NAP | 9/7/2023 | NAP | 9/8/2023 | NAP | NAP | No |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | 10/19/2023 | NAP | 10/19/2023 | NAP | NAP | No |
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | 10/25/2023 | NAP | 10/30/2023 | 10/26/2023 | 9% | No |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | NAP | NAP | NAP | NAP | 9/28/2023 | NAP | 9/28/2023 | NAP | NAP | No |
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | 11/30/2023 | NAP | 11/30/2023 | NAP | NAP | Yes - AE | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | NAP | NAP | NAP | NAP | 12/18/2023 | NAP | 12/18/2023 | NAP | NAP | No |
26 | Loan | 20 | 1 | Four Points Greensboro | NAP | NAP | NAP | NAP | 10/16/2023 | NAP | 11/3/2023 | NAP | NAP | No |
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | NAP | NAP | NAP | 10/25/2023 | NAP | 10/25/2023 | NAP | NAP | No |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | ||||||||||
28.01 | Property | 1 | 131 Hancock Ave | NAP | NAP | NAP | NAP | 9/18/2023 | NAP | 9/18/2023 | NAP | NAP | No | |
28.02 | Property | 1 | 69 Lincoln Street | NAP | NAP | NAP | NAP | 11/28/2023 | NAP | 11/28/2023 | NAP | NAP | No | |
28.03 | Property | 1 | 64 Logan Ave | NAP | NAP | NAP | NAP | 9/18/2023 | NAP | 9/18/2023 | NAP | NAP | No | |
28.04 | Property | 1 | 128 Bayview Ave | NAP | NAP | NAP | NAP | 9/18/2023 | NAP | 9/18/2023 | NAP | NAP | No | |
28.05 | Property | 1 | 128 St. Paul's Ave | NAP | NAP | NAP | NAP | 9/18/2023 | NAP | 9/18/2023 | NAP | NAP | No | |
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | NAP | NAP | NAP | NAP | 9/20/2023 | NAP | 9/15/2023 | NAP | NAP | No |
30 | Loan | 1 | Palm Beach Commons | Andrew Jezowski DBA Blue Boar Tavern | 4,485 | 6.4% | 3/31/2027 | 10/11/2023 | NAP | 10/18/2023 | NAP | NAP | No | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | 10/26/2023 | NAP | 10/26/2023 | NAP | NAP | No |
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | 10/16/2023 | NAP | 10/16/2023 | NAP | NAP | No |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | ||||||||||
33.01 | Property | 1 | Dayville Storage | NAP | NAP | NAP | NAP | 10/26/2023 | NAP | 10/26/2023 | NAP | NAP | No | |
33.02 | Property | 1 | Mechanic Street Storage | NAP | NAP | NAP | NAP | 10/26/2023 | NAP | 10/26/2023 | NAP | NAP | No | |
33.03 | Property | 1 | Brooklyn Self Storage | NAP | NAP | NAP | NAP | 10/26/2023 | NAP | 10/26/2023 | NAP | NAP | No | |
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | 10/26/2023 | NAP | 10/20/2023 | NAP | NAP | No |
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | 10/23/2023 | NAP | 10/23/2023 | NAP | NAP | No | |
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | 11/7/2023 | NAP | 11/7/2023 | NAP | NAP | Yes - AE |
A-1-24 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) |
21 | 21, 25 | 21, 25 | 21, 25 | 21, 25 | |||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 388,236 | 97,059 | 0 | Springing | |||||
1.01 | Property | 1 | Garfield Commons | Fee | NAP | NAP | NAP | NAP | |||||
1.02 | Property | 1 | Farmbrooke Manor | Fee | NAP | NAP | NAP | NAP | |||||
1.03 | Property | 1 | Warren Woods | Fee | NAP | NAP | NAP | NAP | |||||
1.04 | Property | 1 | Highland Towers | Fee | NAP | NAP | NAP | NAP | |||||
1.05 | Property | 1 | Golf Manor | Fee | NAP | NAP | NAP | NAP | |||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | Fee / Leasehold | 8/31/2035 | None | 1,565,412 | No | 0 | Springing | 0 | Springing |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 0 | Springing | 0 | Springing | |||||
3.01 | Property | 1 | 1111 Izaak Walton Road | Fee | NAP | NAP | NAP | NAP | |||||
3.02 | Property | 1 | 2000 Bolton Street | Fee | NAP | NAP | NAP | NAP | |||||
3.03 | Property | 1 | 6420 Glenn Highway Road | Fee | NAP | NAP | NAP | NAP | |||||
3.04 | Property | 1 | 1 International Drive | Fee | NAP | NAP | NAP | NAP | |||||
3.05 | Property | 1 | 645 East Broad Street | Fee | NAP | NAP | NAP | NAP | |||||
3.06 | Property | 1 | 4825 Hoffman Street | Fee | NAP | NAP | NAP | NAP | |||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | Fee | NAP | NAP | NAP | NAP | 207,641 | 103,820 | 484,118 | Springing |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 0 | 283,486 | 38,703 | 38,703 | |||||
5.01 | Property | 1 | 509 & 515 West 110th Street | Fee | NAP | NAP | NAP | NAP | |||||
5.02 | Property | 1 | 517 West 113th Street | Fee | NAP | NAP | NAP | NAP | |||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | Fee | NAP | NAP | NAP | NAP | |||||
5.04 | Property | 1 | 21 5th Avenue | Fee | NAP | NAP | NAP | NAP | |||||
5.05 | Property | 1 | 603 West 140th Street | Fee | NAP | NAP | NAP | NAP | |||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 0 | Springing | 0 | Springing | |||||
6.01 | Property | 1 | New Orleans | Fee | NAP | NAP | NAP | NAP | |||||
6.02 | Property | 1 | Loveland | Fee | NAP | NAP | NAP | NAP | |||||
6.03 | Property | 1 | Anderson Storage | Fee | NAP | NAP | NAP | NAP | |||||
6.04 | Property | 1 | Higdon Road | Fee | NAP | NAP | NAP | NAP | |||||
6.05 | Property | 1 | Lake Charles | Fee | NAP | NAP | NAP | NAP | |||||
6.06 | Property | 1 | Columbus | Fee | NAP | NAP | NAP | NAP | |||||
6.07 | Property | 1 | Danville | Fee | NAP | NAP | NAP | NAP | |||||
6.08 | Property | 1 | Files Road | Fee | NAP | NAP | NAP | NAP | |||||
6.09 | Property | 1 | Greencastle | Fee | NAP | NAP | NAP | NAP | |||||
6.10 | Property | 1 | Hot Springs 267 | Fee | NAP | NAP | NAP | NAP | |||||
6.11 | Property | 1 | Royal | Fee | NAP | NAP | NAP | NAP | |||||
6.12 | Property | 1 | Winans | Fee | NAP | NAP | NAP | NAP | |||||
6.13 | Property | 1 | Meridian | Fee | NAP | NAP | NAP | NAP | |||||
6.14 | Property | 1 | Florence | Fee | NAP | NAP | NAP | NAP | |||||
6.15 | Property | 1 | Lucedale 63 South | Fee | NAP | NAP | NAP | NAP | |||||
6.16 | Property | 1 | Hot Springs 176 | Fee | NAP | NAP | NAP | NAP | |||||
6.17 | Property | 1 | Moulton | Fee | NAP | NAP | NAP | NAP | |||||
6.18 | Property | 1 | Airport Road | Fee | NAP | NAP | NAP | NAP | |||||
6.19 | Property | 1 | Central 6122 | Fee | NAP | NAP | NAP | NAP | |||||
6.20 | Property | 1 | Higdon Ferry Road South | Fee | NAP | NAP | NAP | NAP | |||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | Fee | NAP | NAP | NAP | NAP | |||||
6.22 | Property | 1 | Moss Point | Fee | NAP | NAP | NAP | NAP | |||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | Fee | NAP | NAP | NAP | NAP | |||||
6.24 | Property | 1 | Ernie’s | Fee | NAP | NAP | NAP | NAP | |||||
6.25 | Property | 1 | Marion Anderson Road | Fee | NAP | NAP | NAP | NAP | |||||
6.26 | Property | 1 | Amity | Fee | NAP | NAP | NAP | NAP | |||||
6.27 | Property | 1 | Cloverdale | Fee | NAP | NAP | NAP | NAP | |||||
6.28 | Property | 1 | Mountain Pine Road | Fee | NAP | NAP | NAP | NAP | |||||
6.29 | Property | 1 | Lucedale MS-613 | Fee | NAP | NAP | NAP | NAP | |||||
6.30 | Property | 1 | Crawfordsville | Fee | NAP | NAP | NAP | NAP | |||||
6.31 | Property | 1 | Point Cedar | Fee | NAP | NAP | NAP | NAP | |||||
6.32 | Property | 1 | Central 6045 | Fee | NAP | NAP | NAP | NAP | |||||
6.33 | Property | 1 | Lucedale 63 North | Fee | NAP | NAP | NAP | NAP | |||||
6.34 | Property | 1 | Malvern Road | Fee | NAP | NAP | NAP | NAP | |||||
6.35 | Property | 1 | John Owens | Fee | NAP | NAP | NAP | NAP | |||||
6.36 | Property | 1 | Town Creek | Fee | NAP | NAP | NAP | NAP | |||||
6.37 | Property | 1 | Courtland | Fee | NAP | NAP | NAP | NAP | |||||
6.38 | Property | 1 | Thibodaux | Fee | NAP | NAP | NAP | NAP | |||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | Fee | NAP | NAP | NAP | NAP | 425,726 | 85,145 | 217,592 | 217,592 |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing |
9 | Loan | 18, 28, 36 | 1 | Beach Place | Fee | NAP | NAP | NAP | NAP | 168,689 | 56,230 | 0 | Springing |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | Fee | NAP | NAP | NAP | NAP | 17,075 | 17,075 | 47,138 | 5,892 |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 117,500 | 29,375 | 208,097 | Springing | |||||
12.01 | Property | 1 | Davis Creek Apartments | Fee | NAP | NAP | NAP | NAP | |||||
12.02 | Property | 1 | Canterbury East Apartments | Fee | NAP | NAP | NAP | NAP | |||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 0 | Springing | 0 | Springing |
A-1-25 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) |
21 | 21, 25 | 21, 25 | 21, 25 | 21, 25 | |||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | Fee | NAP | NAP | NAP | NAP | |||||
13.02 | Property | 1 | 260 Industrial Drive | Fee | NAP | NAP | NAP | NAP | |||||
13.03 | Property | 1 | 770 Sunpark Drive | Fee | NAP | NAP | NAP | NAP | |||||
13.04 | Property | 1 | 2375 Highway 101 | Fee | NAP | NAP | NAP | NAP | |||||
13.05 | Property | 1 | 7-10 Audrey Place | Fee | NAP | NAP | NAP | NAP | |||||
13.06 | Property | 1 | N915 Craftsman Drive | Fee | NAP | NAP | NAP | NAP | |||||
13.07 | Property | 1 | 7400 Pinemont Drive | Fee | NAP | NAP | NAP | NAP | |||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | Fee | NAP | NAP | NAP | NAP | 0 | 25,270 | 30,659 | 5,110 |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing |
16 | Loan | 30, 37 | 1 | Oakbrook Station | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 674 | 674 |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 26,353 | 13,176 | 135,676 | 15,075 | |||||
18.01 | Property | 1 | Garrett Woods Apartments | Fee | NAP | NAP | NAP | NAP | |||||
18.02 | Property | 1 | Walnut Creek Apartments | Fee | NAP | NAP | NAP | NAP | |||||
18.03 | Property | 1 | Live Marathon Apartments | Fee | NAP | NAP | NAP | NAP | |||||
18.04 | Property | 1 | Mason Drive Apartments | Fee | NAP | NAP | NAP | NAP | |||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | Leasehold | 6/30/2049 | None | 386,275 | No | 24,799 | 12,399 | 52,749 | 5,861 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | Fee | NAP | NAP | NAP | NAP | 171,950 | 57,317 | 76,511 | 7,651 |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | Fee | NAP | NAP | NAP | NAP | 36,609 | 12,203 | 44,646 | 4,465 |
22 | Loan | 29 | 1 | Green Tree Villas | Fee | NAP | NAP | NAP | NAP | 7,554 | 3,777 | 9,529 | Springing |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | Fee | NAP | NAP | NAP | NAP | 1,692,065 | 338,413 | 180,799 | 36,160 |
24 | Loan | 1 | Meadowbrook Apartments | Fee | NAP | NAP | NAP | NAP | 10,263 | 5,132 | 30,982 | 15,491 | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing |
26 | Loan | 20 | 1 | Four Points Greensboro | Fee | NAP | NAP | NAP | NAP | 19,586 | 9,793 | 47,442 | 11,860 |
27 | Loan | 12, 31 | 1 | 575 Degraw | Fee | NAP | NAP | NAP | NAP | 128,543 | 25,709 | 0 | 0 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 7,776 | 7,776 | 6,643 | 3,322 | |||||
28.01 | Property | 1 | 131 Hancock Ave | Fee | NAP | NAP | NAP | NAP | |||||
28.02 | Property | 1 | 69 Lincoln Street | Fee | NAP | NAP | NAP | NAP | |||||
28.03 | Property | 1 | 64 Logan Ave | Fee | NAP | NAP | NAP | NAP | |||||
28.04 | Property | 1 | 128 Bayview Ave | Fee | NAP | NAP | NAP | NAP | |||||
28.05 | Property | 1 | 128 St. Paul's Ave | Fee | NAP | NAP | NAP | NAP | |||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing |
30 | Loan | 1 | Palm Beach Commons | Fee | NAP | NAP | NAP | NAP | 28,954 | 14,477 | 147,730 | 24,622 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | Fee | NAP | NAP | NAP | NAP | 5,461 | 1,820 | 7,881 | 1,970 |
32 | Loan | 18, 35 | 1 | The Dylan | Fee | NAP | NAP | NAP | NAP | 6,749 | 6,749 | 12,844 | 1,605 |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 6,904 | 6,904 | 2,909 | 1,454 | |||||
33.01 | Property | 1 | Dayville Storage | Fee | NAP | NAP | NAP | NAP | |||||
33.02 | Property | 1 | Mechanic Street Storage | Fee | NAP | NAP | NAP | NAP | |||||
33.03 | Property | 1 | Brooklyn Self Storage | Fee | NAP | NAP | NAP | NAP | |||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | Fee | NAP | NAP | NAP | NAP | 4,631 | 1,544 | 4,740 | 593 |
35 | Loan | 1 | Cityline Livingston Storage | Fee | NAP | NAP | NAP | NAP | 12,031 | 4,010 | 0 | Springing | |
36 | Loan | 1 | Enon Storage | Fee | NAP | NAP | NAP | NAP | 10,576 | 2,115 | 0 | Springing |
A-1-26 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 11,738,000 | 30,230 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
1.01 | Property | 1 | Garfield Commons | ||||||||||
1.02 | Property | 1 | Farmbrooke Manor | ||||||||||
1.03 | Property | 1 | Warren Woods | ||||||||||
1.04 | Property | 1 | Highland Towers | ||||||||||
1.05 | Property | 1 | Golf Manor | ||||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 0 | Springing | 896,819 | 0 | Springing | 3,587,276 | 0 | 0 | 0 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 |
3.01 | Property | 1 | 1111 Izaak Walton Road | ||||||||||
3.02 | Property | 1 | 2000 Bolton Street | ||||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | ||||||||||
3.04 | Property | 1 | 1 International Drive | ||||||||||
3.05 | Property | 1 | 645 East Broad Street | ||||||||||
3.06 | Property | 1 | 4825 Hoffman Street | ||||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 0 | 4% of Gross Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 0 | 9,063 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
5.01 | Property | 1 | 509 & 515 West 110th Street | ||||||||||
5.02 | Property | 1 | 517 West 113th Street | ||||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | ||||||||||
5.04 | Property | 1 | 21 5th Avenue | ||||||||||
5.05 | Property | 1 | 603 West 140th Street | ||||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 519,450 | 9,463 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
6.01 | Property | 1 | New Orleans | ||||||||||
6.02 | Property | 1 | Loveland | ||||||||||
6.03 | Property | 1 | Anderson Storage | ||||||||||
6.04 | Property | 1 | Higdon Road | ||||||||||
6.05 | Property | 1 | Lake Charles | ||||||||||
6.06 | Property | 1 | Columbus | ||||||||||
6.07 | Property | 1 | Danville | ||||||||||
6.08 | Property | 1 | Files Road | ||||||||||
6.09 | Property | 1 | Greencastle | ||||||||||
6.10 | Property | 1 | Hot Springs 267 | ||||||||||
6.11 | Property | 1 | Royal | ||||||||||
6.12 | Property | 1 | Winans | ||||||||||
6.13 | Property | 1 | Meridian | ||||||||||
6.14 | Property | 1 | Florence | ||||||||||
6.15 | Property | 1 | Lucedale 63 South | ||||||||||
6.16 | Property | 1 | Hot Springs 176 | ||||||||||
6.17 | Property | 1 | Moulton | ||||||||||
6.18 | Property | 1 | Airport Road | ||||||||||
6.19 | Property | 1 | Central 6122 | ||||||||||
6.20 | Property | 1 | Higdon Ferry Road South | ||||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | ||||||||||
6.22 | Property | 1 | Moss Point | ||||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | ||||||||||
6.24 | Property | 1 | Ernie’s | ||||||||||
6.25 | Property | 1 | Marion Anderson Road | ||||||||||
6.26 | Property | 1 | Amity | ||||||||||
6.27 | Property | 1 | Cloverdale | ||||||||||
6.28 | Property | 1 | Mountain Pine Road | ||||||||||
6.29 | Property | 1 | Lucedale MS-613 | ||||||||||
6.30 | Property | 1 | Crawfordsville | ||||||||||
6.31 | Property | 1 | Point Cedar | ||||||||||
6.32 | Property | 1 | Central 6045 | ||||||||||
6.33 | Property | 1 | Lucedale 63 North | ||||||||||
6.34 | Property | 1 | Malvern Road | ||||||||||
6.35 | Property | 1 | John Owens | ||||||||||
6.36 | Property | 1 | Town Creek | ||||||||||
6.37 | Property | 1 | Courtland | ||||||||||
6.38 | Property | 1 | Thibodaux | ||||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 950,000 | 12,888 | 0 | 0 | Springing | 0 | 0 | 0 | 0 |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 0 | Springing | 367,747 | 0 | Springing | 1,838,735 | 0 | 0 | 0 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 0 | 3,751 | 0 | 859,857 | 15,221 | 1,500,000 | 0 | 0 | 0 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 0 | 3,666 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 0 | 12,495 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
12.01 | Property | 1 | Davis Creek Apartments | ||||||||||
12.02 | Property | 1 | Canterbury East Apartments | ||||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 0 | Springing | 145,810 | 0 | Springing | 950,936 | 0 | 0 | 0 |
A-1-27 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) |
13.01 | Property | 1 | 3850 East Miraloma Avenue | ||||||||||
13.02 | Property | 1 | 260 Industrial Drive | ||||||||||
13.03 | Property | 1 | 770 Sunpark Drive | ||||||||||
13.04 | Property | 1 | 2375 Highway 101 | ||||||||||
13.05 | Property | 1 | 7-10 Audrey Place | ||||||||||
13.06 | Property | 1 | N915 Craftsman Drive | ||||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | ||||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 33,600 | Springing | 33,600 | 0 | 0 | 0 | 0 | 0 | 0 |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 0 | 2,847 | 102,481 | 500,000 | Springing | 500,000 | 0 | 0 | 0 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 82,307 | Springing | 82,307 | 205,769 | Springing | 205,769 | 105,994 | 0 | 0 |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 265,706 | 7,381 | 410,250 | 0 | 0 | 0 | 0 | 0 | 0 |
18.01 | Property | 1 | Garrett Woods Apartments | ||||||||||
18.02 | Property | 1 | Walnut Creek Apartments | ||||||||||
18.03 | Property | 1 | Live Marathon Apartments | ||||||||||
18.04 | Property | 1 | Mason Drive Apartments | ||||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 0 | 1,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 0 | 24,311 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 0 | 1,896 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
22 | Loan | 29 | 1 | Green Tree Villas | 222,000 | Springing | 220,000 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 0 | 152,424 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
24 | Loan | 1 | Meadowbrook Apartments | 0 | 4,382 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 0 | 12,555 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
26 | Loan | 20 | 1 | Four Points Greensboro | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
27 | Loan | 12, 31 | 1 | 575 Degraw | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 0 | 732 | 60,000 | 0 | 133 | 3,192 | 144,760 | 0 | 0 |
28.01 | Property | 1 | 131 Hancock Ave | ||||||||||
28.02 | Property | 1 | 69 Lincoln Street | ||||||||||
28.03 | Property | 1 | 64 Logan Ave | ||||||||||
28.04 | Property | 1 | 128 Bayview Ave | ||||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | ||||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
30 | Loan | 1 | Palm Beach Commons | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 0 | 316 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 18, 35 | 1 | The Dylan | 0 | 2,819 | 67,656 | 0 | 0 | 0 | 0 | 0 | 0 |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 32,046 | 545 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
33.01 | Property | 1 | Dayville Storage | ||||||||||
33.02 | Property | 1 | Mechanic Street Storage | ||||||||||
33.03 | Property | 1 | Brooklyn Self Storage | ||||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 0 | 231 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
35 | Loan | 1 | Cityline Livingston Storage | 0 | 363 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
36 | Loan | 1 | Enon Storage | 0 | 247 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A-1-28 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 167,568 | 0 | 0 | NAP |
1.01 | Property | 1 | Garfield Commons | |||||
1.02 | Property | 1 | Farmbrooke Manor | |||||
1.03 | Property | 1 | Warren Woods | |||||
1.04 | Property | 1 | Highland Towers | |||||
1.05 | Property | 1 | Golf Manor | |||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 0 | 39,775,125 | 0 | Outstanding TI/LC ($30,769,199); Gap Rent Reserve ($9,005,926) |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 0 | 0 | 0 | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | |||||
3.02 | Property | 1 | 2000 Bolton Street | |||||
3.03 | Property | 1 | 6420 Glenn Highway Road | |||||
3.04 | Property | 1 | 1 International Drive | |||||
3.05 | Property | 1 | 645 East Broad Street | |||||
3.06 | Property | 1 | 4825 Hoffman Street | |||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 0 | 81,403 | 81,403 | Seasonality Reserve |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 80,463 | 6,357,572 | 0 | Violations Reserve |
5.01 | Property | 1 | 509 & 515 West 110th Street | |||||
5.02 | Property | 1 | 517 West 113th Street | |||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | |||||
5.04 | Property | 1 | 21 5th Avenue | |||||
5.05 | Property | 1 | 603 West 140th Street | |||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 198,406 | 0 | 0 | NAP |
6.01 | Property | 1 | New Orleans | |||||
6.02 | Property | 1 | Loveland | |||||
6.03 | Property | 1 | Anderson Storage | |||||
6.04 | Property | 1 | Higdon Road | |||||
6.05 | Property | 1 | Lake Charles | |||||
6.06 | Property | 1 | Columbus | |||||
6.07 | Property | 1 | Danville | |||||
6.08 | Property | 1 | Files Road | |||||
6.09 | Property | 1 | Greencastle | |||||
6.10 | Property | 1 | Hot Springs 267 | |||||
6.11 | Property | 1 | Royal | |||||
6.12 | Property | 1 | Winans | |||||
6.13 | Property | 1 | Meridian | |||||
6.14 | Property | 1 | Florence | |||||
6.15 | Property | 1 | Lucedale 63 South | |||||
6.16 | Property | 1 | Hot Springs 176 | |||||
6.17 | Property | 1 | Moulton | |||||
6.18 | Property | 1 | Airport Road | |||||
6.19 | Property | 1 | Central 6122 | |||||
6.20 | Property | 1 | Higdon Ferry Road South | |||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | |||||
6.22 | Property | 1 | Moss Point | |||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | |||||
6.24 | Property | 1 | Ernie’s | |||||
6.25 | Property | 1 | Marion Anderson Road | |||||
6.26 | Property | 1 | Amity | |||||
6.27 | Property | 1 | Cloverdale | |||||
6.28 | Property | 1 | Mountain Pine Road | |||||
6.29 | Property | 1 | Lucedale MS-613 | |||||
6.30 | Property | 1 | Crawfordsville | |||||
6.31 | Property | 1 | Point Cedar | |||||
6.32 | Property | 1 | Central 6045 | |||||
6.33 | Property | 1 | Lucedale 63 North | |||||
6.34 | Property | 1 | Malvern Road | |||||
6.35 | Property | 1 | John Owens | |||||
6.36 | Property | 1 | Town Creek | |||||
6.37 | Property | 1 | Courtland | |||||
6.38 | Property | 1 | Thibodaux | |||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 40,625 | 9,356,000 | 0 | Security Deposit Reserve |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 0 | 0 | 0 | NAP |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 0 | 1,883,142 | Springing | Required CapEx Work Reserve (Upfront: $1,453,516), Rent Replication Reserve (Upfront: $429,626.40), Lease Sweep Reserve (Monthly: Springing) |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 0 | 9,924,378 | 0 | General Reserve ($5,000,000); Outstanding Landlord Obligations Reserve ($4,687,691.09); Gap Rent Reserve ($236,687) |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 0 | 0 | 0 | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 1,246,438 | 1,900,000 | 0 | Davis Creek Walkway Repair Reserve |
12.01 | Property | 1 | Davis Creek Apartments | |||||
12.02 | Property | 1 | Canterbury East Apartments | |||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 0 | 0 | 0 | NAP |
A-1-29 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description |
13.01 | Property | 1 | 3850 East Miraloma Avenue | |||||
13.02 | Property | 1 | 260 Industrial Drive | |||||
13.03 | Property | 1 | 770 Sunpark Drive | |||||
13.04 | Property | 1 | 2375 Highway 101 | |||||
13.05 | Property | 1 | 7-10 Audrey Place | |||||
13.06 | Property | 1 | N915 Craftsman Drive | |||||
13.07 | Property | 1 | 7400 Pinemont Drive | |||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 0 | 450,000 | 450,000 annually | Rent Reserve |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 0 | 3,447,416 | Springing | Earnout Reserve (Upfront: $3,114,631), Unfunded Obligations Reserve (Upfront: $332,784.77), Critical Tenant Reserve (Monthly: Springing) |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 0 | 0 | Springing | Major Tenant Reserve (Monthly: Springing), Low DSCR Reserve (Monthly: Springing) |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 0 | 0 | 0 | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 219,302 | 0 | 0 | NAP |
18.01 | Property | 1 | Garrett Woods Apartments | |||||
18.02 | Property | 1 | Walnut Creek Apartments | |||||
18.03 | Property | 1 | Live Marathon Apartments | |||||
18.04 | Property | 1 | Mason Drive Apartments | |||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 17,713 | 152,400 | 0 | Roof Repair Reserve ($86,400), Ground Rent Reserve ($66,000) |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 8,125 | 7,293 | 663 | REA Assessment Reserve |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 33,063 | 0 | 0 | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | 51,498 | 0 | 0 | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 585,710 | 0 | Springing | PIP Reserve (Monthly: Springing), Seasonal Reserve (Monthly: Springing, Cap: $1,100,000) |
24 | Loan | 1 | Meadowbrook Apartments | 20,460 | 0 | 0 | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 40,742 | 3,000,000 | 0 | PIP Reserve |
26 | Loan | 20 | 1 | Four Points Greensboro | 22,500 | 1,304,000 | 7,500 | Soft Goods PIP Reserve (Upfront: $900,000; Monthly: $7,500; Cap: $1,605,500), PIP Reserve (Upfront: $404,000) |
27 | Loan | 12, 31 | 1 | 575 Degraw | 0 | 0 | Springing | Specified Tenant Renewal Reserve |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 0 | 61,000 | Springing | Violations Reserve (Upfront: $61,000), Springing LOC Reserve (Monthly: Springing) |
28.01 | Property | 1 | 131 Hancock Ave | |||||
28.02 | Property | 1 | 69 Lincoln Street | |||||
28.03 | Property | 1 | 64 Logan Ave | |||||
28.04 | Property | 1 | 128 Bayview Ave | |||||
28.05 | Property | 1 | 128 St. Paul's Ave | |||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 0 | 0 | Springing | Condominium Funds |
30 | Loan | 1 | Palm Beach Commons | 79,550 | 0 | 0 | NAP | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 10,938 | 7,500 | 0 | AST Reserve |
32 | Loan | 18, 35 | 1 | The Dylan | 0 | 0 | 0 | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 61,344 | 0 | 0 | NAP |
33.01 | Property | 1 | Dayville Storage | |||||
33.02 | Property | 1 | Mechanic Street Storage | |||||
33.03 | Property | 1 | Brooklyn Self Storage | |||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 4,375 | 0 | 0 | NAP |
35 | Loan | 1 | Cityline Livingston Storage | 11,875 | 0 | 0 | NAP | |
36 | Loan | 1 | Enon Storage | 10,125 | 0 | 0 | NAP |
A-1-30 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) |
16 | 17 | |||||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
1.01 | Property | 1 | Garfield Commons | |||||||||||
1.02 | Property | 1 | Farmbrooke Manor | |||||||||||
1.03 | Property | 1 | Warren Woods | |||||||||||
1.04 | Property | 1 | Highland Towers | |||||||||||
1.05 | Property | 1 | Golf Manor | |||||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No | 73,960,000 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | |||||||||||
3.02 | Property | 1 | 2000 Bolton Street | |||||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | |||||||||||
3.04 | Property | 1 | 1 International Drive | |||||||||||
3.05 | Property | 1 | 645 East Broad Street | |||||||||||
3.06 | Property | 1 | 4825 Hoffman Street | |||||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | Yes | 60,000,000 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | No | Yes | Yes | 60,000,000 |
5.01 | Property | 1 | 509 & 515 West 110th Street | |||||||||||
5.02 | Property | 1 | 517 West 113th Street | |||||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | |||||||||||
5.04 | Property | 1 | 21 5th Avenue | |||||||||||
5.05 | Property | 1 | 603 West 140th Street | |||||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
6.01 | Property | 1 | New Orleans | |||||||||||
6.02 | Property | 1 | Loveland | |||||||||||
6.03 | Property | 1 | Anderson Storage | |||||||||||
6.04 | Property | 1 | Higdon Road | |||||||||||
6.05 | Property | 1 | Lake Charles | |||||||||||
6.06 | Property | 1 | Columbus | |||||||||||
6.07 | Property | 1 | Danville | |||||||||||
6.08 | Property | 1 | Files Road | |||||||||||
6.09 | Property | 1 | Greencastle | |||||||||||
6.10 | Property | 1 | Hot Springs 267 | |||||||||||
6.11 | Property | 1 | Royal | |||||||||||
6.12 | Property | 1 | Winans | |||||||||||
6.13 | Property | 1 | Meridian | |||||||||||
6.14 | Property | 1 | Florence | |||||||||||
6.15 | Property | 1 | Lucedale 63 South | |||||||||||
6.16 | Property | 1 | Hot Springs 176 | |||||||||||
6.17 | Property | 1 | Moulton | |||||||||||
6.18 | Property | 1 | Airport Road | |||||||||||
6.19 | Property | 1 | Central 6122 | |||||||||||
6.20 | Property | 1 | Higdon Ferry Road South | |||||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | |||||||||||
6.22 | Property | 1 | Moss Point | |||||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | |||||||||||
6.24 | Property | 1 | Ernie’s | |||||||||||
6.25 | Property | 1 | Marion Anderson Road | |||||||||||
6.26 | Property | 1 | Amity | |||||||||||
6.27 | Property | 1 | Cloverdale | |||||||||||
6.28 | Property | 1 | Mountain Pine Road | |||||||||||
6.29 | Property | 1 | Lucedale MS-613 | |||||||||||
6.30 | Property | 1 | Crawfordsville | |||||||||||
6.31 | Property | 1 | Point Cedar | |||||||||||
6.32 | Property | 1 | Central 6045 | |||||||||||
6.33 | Property | 1 | Lucedale 63 North | |||||||||||
6.34 | Property | 1 | Malvern Road | |||||||||||
6.35 | Property | 1 | John Owens | |||||||||||
6.36 | Property | 1 | Town Creek | |||||||||||
6.37 | Property | 1 | Courtland | |||||||||||
6.38 | Property | 1 | Thibodaux | |||||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 0 | 0 | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 50,000,000 |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 0 | 0 | NAP | Hard | Springing | Yes | No | Yes | No | 45,000,000 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 0 | 0 | NAP | Hard | Springing | Yes | Yes | Yes | No | 35,000,000 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP | NAP |
12.01 | Property | 1 | Davis Creek Apartments | |||||||||||
12.02 | Property | 1 | Canterbury East Apartments | |||||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 0 | 0 | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP |
A-1-31 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) |
16 | 17 | |||||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | |||||||||||
13.02 | Property | 1 | 260 Industrial Drive | |||||||||||
13.03 | Property | 1 | 770 Sunpark Drive | |||||||||||
13.04 | Property | 1 | 2375 Highway 101 | |||||||||||
13.05 | Property | 1 | 7-10 Audrey Place | |||||||||||
13.06 | Property | 1 | N915 Craftsman Drive | |||||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | |||||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP |
16 | Loan | 30, 37 | 1 | Oakbrook Station | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | 0 | 0 | NAP | Soft | Springing | Yes | Yes | No | NAP | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
18.01 | Property | 1 | Garrett Woods Apartments | |||||||||||
18.02 | Property | 1 | Walnut Creek Apartments | |||||||||||
18.03 | Property | 1 | Live Marathon Apartments | |||||||||||
18.04 | Property | 1 | Mason Drive Apartments | |||||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 0 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 1,100,000 | 0 | NAP | Springing | Springing | Yes | No | Yes | No | 10,000,000 |
24 | Loan | 1 | Meadowbrook Apartments | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
26 | Loan | 20 | 1 | Four Points Greensboro | 1,605,500 | 0 | NAP | Hard | Springing | Yes | No | No | NAP | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | 0 | 0 | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
28.01 | Property | 1 | 131 Hancock Ave | |||||||||||
28.02 | Property | 1 | 69 Lincoln Street | |||||||||||
28.03 | Property | 1 | 64 Logan Ave | |||||||||||
28.04 | Property | 1 | 128 Bayview Ave | |||||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | |||||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 0 | 0 | NAP | Soft | Springing | Yes | No | Yes | No | 6,666,667 |
30 | Loan | 1 | Palm Beach Commons | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | 0 | 0 | NAP | Soft | Springing | Yes | No | No | NAP | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
33.01 | Property | 1 | Dayville Storage | |||||||||||
33.02 | Property | 1 | Mechanic Street Storage | |||||||||||
33.03 | Property | 1 | Brooklyn Self Storage | |||||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
35 | Loan | 1 | Cityline Livingston Storage | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP | |
36 | Loan | 1 | Enon Storage | 0 | 0 | NAP | Springing | Springing | Yes | No | No | NAP | NAP |
A-1-32 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) |
4 | |||||||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | Garfield Commons | ||||||||||||
1.02 | Property | 1 | Farmbrooke Manor | ||||||||||||
1.03 | Property | 1 | Warren Woods | ||||||||||||
1.04 | Property | 1 | Highland Towers | ||||||||||||
1.05 | Property | 1 | Golf Manor | ||||||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 636,040,000 | 3,547,128.82 | 3,959,596.04 | NAP | NAP | 710,000,000 | 3,959,596.04 | 39.4% | 2.00 | 13.7% | NAP |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | ||||||||||||
3.02 | Property | 1 | 2000 Bolton Street | ||||||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | ||||||||||||
3.04 | Property | 1 | 1 International Drive | ||||||||||||
3.05 | Property | 1 | 645 East Broad Street | ||||||||||||
3.06 | Property | 1 | 4825 Hoffman Street | ||||||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 25,000,000 | 163,700.81 | 556,582.75 | NAP | NAP | 85,000,000 | 556,582.75 | 59.4% | 1.85 | 17.1% | NAP |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 24,100,000 | 140,703.28 | 491,001.89 | NAP | NAP | 84,100,000 | 491,001.89 | 64.4% | 1.25 | 8.9% | NAP |
5.01 | Property | 1 | 509 & 515 West 110th Street | ||||||||||||
5.02 | Property | 1 | 517 West 113th Street | ||||||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | ||||||||||||
5.04 | Property | 1 | 21 5th Avenue | ||||||||||||
5.05 | Property | 1 | 603 West 140th Street | ||||||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | New Orleans | ||||||||||||
6.02 | Property | 1 | Loveland | ||||||||||||
6.03 | Property | 1 | Anderson Storage | ||||||||||||
6.04 | Property | 1 | Higdon Road | ||||||||||||
6.05 | Property | 1 | Lake Charles | ||||||||||||
6.06 | Property | 1 | Columbus | ||||||||||||
6.07 | Property | 1 | Danville | ||||||||||||
6.08 | Property | 1 | Files Road | ||||||||||||
6.09 | Property | 1 | Greencastle | ||||||||||||
6.10 | Property | 1 | Hot Springs 267 | ||||||||||||
6.11 | Property | 1 | Royal | ||||||||||||
6.12 | Property | 1 | Winans | ||||||||||||
6.13 | Property | 1 | Meridian | ||||||||||||
6.14 | Property | 1 | Florence | ||||||||||||
6.15 | Property | 1 | Lucedale 63 South | ||||||||||||
6.16 | Property | 1 | Hot Springs 176 | ||||||||||||
6.17 | Property | 1 | Moulton | ||||||||||||
6.18 | Property | 1 | Airport Road | ||||||||||||
6.19 | Property | 1 | Central 6122 | ||||||||||||
6.20 | Property | 1 | Higdon Ferry Road South | ||||||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | ||||||||||||
6.22 | Property | 1 | Moss Point | ||||||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | ||||||||||||
6.24 | Property | 1 | Ernie’s | ||||||||||||
6.25 | Property | 1 | Marion Anderson Road | ||||||||||||
6.26 | Property | 1 | Amity | ||||||||||||
6.27 | Property | 1 | Cloverdale | ||||||||||||
6.28 | Property | 1 | Mountain Pine Road | ||||||||||||
6.29 | Property | 1 | Lucedale MS-613 | ||||||||||||
6.30 | Property | 1 | Crawfordsville | ||||||||||||
6.31 | Property | 1 | Point Cedar | ||||||||||||
6.32 | Property | 1 | Central 6045 | ||||||||||||
6.33 | Property | 1 | Lucedale 63 North | ||||||||||||
6.34 | Property | 1 | Malvern Road | ||||||||||||
6.35 | Property | 1 | John Owens | ||||||||||||
6.36 | Property | 1 | Town Creek | ||||||||||||
6.37 | Property | 1 | Courtland | ||||||||||||
6.38 | Property | 1 | Thibodaux | ||||||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 28,750,000 | 160,321.19 | 439,140.63 | NAP | NAP | 78,750,000 | 439,140.63 | 56.0% | 1.65 | 11.3% | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 480,000,000 | 2,681,938.89 | 2,933,370.66 | NAP | NAP | 525,000,000 | 2,933,370.66 | 28.9% | 2.98 | 20.2% | NAP |
9 | Loan | 18, 28, 36 | 1 | Beach Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 115,000,000 | 769,444.50 | 1,003,623.26 | NAP | NAP | 150,000,000 | 1,003,623.26 | 50.0% | 1.96 | 16.7% | NAP |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | 1 | Davis Creek Apartments | ||||||||||||
12.02 | Property | 1 | Canterbury East Apartments | ||||||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-33 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) |
4 | |||||||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | ||||||||||||
13.02 | Property | 1 | 260 Industrial Drive | ||||||||||||
13.03 | Property | 1 | 770 Sunpark Drive | ||||||||||||
13.04 | Property | 1 | 2375 Highway 101 | ||||||||||||
13.05 | Property | 1 | 7-10 Audrey Place | ||||||||||||
13.06 | Property | 1 | N915 Craftsman Drive | ||||||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | ||||||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 30, 37 | 1 | Oakbrook Station | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18.01 | Property | 1 | Garrett Woods Apartments | ||||||||||||
18.02 | Property | 1 | Walnut Creek Apartments | ||||||||||||
18.03 | Property | 1 | Live Marathon Apartments | ||||||||||||
18.04 | Property | 1 | Mason Drive Apartments | ||||||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 60,500,000 | 379,287.38 | 441,979.51 | NAP | NAP | 70,500,000 | 441,979.51 | 32.6% | 2.38 | 20.5% | NAP |
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 20 | 1 | Four Points Greensboro | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28.01 | Property | 1 | 131 Hancock Ave | ||||||||||||
28.02 | Property | 1 | 69 Lincoln Street | ||||||||||||
28.03 | Property | 1 | 64 Logan Ave | ||||||||||||
28.04 | Property | 1 | 128 Bayview Ave | ||||||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | ||||||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 208,333,333 | 1,532,274.78 | 1,581,307.58 | NAP | NAP | 215,000,000 | 1,581,307.58 | 54.9% | 1.53 | 16.0% | NAP |
30 | Loan | 1 | Palm Beach Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33.01 | Property | 1 | Dayville Storage | ||||||||||||
33.02 | Property | 1 | Mechanic Street Storage | ||||||||||||
33.03 | Property | 1 | Brooklyn Self Storage | ||||||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-34 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
4 | ||||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
1.01 | Property | 1 | Garfield Commons | |||||||||
1.02 | Property | 1 | Farmbrooke Manor | |||||||||
1.03 | Property | 1 | Warren Woods | |||||||||
1.04 | Property | 1 | Highland Towers | |||||||||
1.05 | Property | 1 | Golf Manor | |||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | |||||||||
3.02 | Property | 1 | 2000 Bolton Street | |||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | |||||||||
3.04 | Property | 1 | 1 International Drive | |||||||||
3.05 | Property | 1 | 645 East Broad Street | |||||||||
3.06 | Property | 1 | 4825 Hoffman Street | |||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5.01 | Property | 1 | 509 & 515 West 110th Street | |||||||||
5.02 | Property | 1 | 517 West 113th Street | |||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | |||||||||
5.04 | Property | 1 | 21 5th Avenue | |||||||||
5.05 | Property | 1 | 603 West 140th Street | |||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
6.01 | Property | 1 | New Orleans | |||||||||
6.02 | Property | 1 | Loveland | |||||||||
6.03 | Property | 1 | Anderson Storage | |||||||||
6.04 | Property | 1 | Higdon Road | |||||||||
6.05 | Property | 1 | Lake Charles | |||||||||
6.06 | Property | 1 | Columbus | |||||||||
6.07 | Property | 1 | Danville | |||||||||
6.08 | Property | 1 | Files Road | |||||||||
6.09 | Property | 1 | Greencastle | |||||||||
6.10 | Property | 1 | Hot Springs 267 | |||||||||
6.11 | Property | 1 | Royal | |||||||||
6.12 | Property | 1 | Winans | |||||||||
6.13 | Property | 1 | Meridian | |||||||||
6.14 | Property | 1 | Florence | |||||||||
6.15 | Property | 1 | Lucedale 63 South | |||||||||
6.16 | Property | 1 | Hot Springs 176 | |||||||||
6.17 | Property | 1 | Moulton | |||||||||
6.18 | Property | 1 | Airport Road | |||||||||
6.19 | Property | 1 | Central 6122 | |||||||||
6.20 | Property | 1 | Higdon Ferry Road South | |||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | |||||||||
6.22 | Property | 1 | Moss Point | |||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | |||||||||
6.24 | Property | 1 | Ernie’s | |||||||||
6.25 | Property | 1 | Marion Anderson Road | |||||||||
6.26 | Property | 1 | Amity | |||||||||
6.27 | Property | 1 | Cloverdale | |||||||||
6.28 | Property | 1 | Mountain Pine Road | |||||||||
6.29 | Property | 1 | Lucedale MS-613 | |||||||||
6.30 | Property | 1 | Crawfordsville | |||||||||
6.31 | Property | 1 | Point Cedar | |||||||||
6.32 | Property | 1 | Central 6045 | |||||||||
6.33 | Property | 1 | Lucedale 63 North | |||||||||
6.34 | Property | 1 | Malvern Road | |||||||||
6.35 | Property | 1 | John Owens | |||||||||
6.36 | Property | 1 | Town Creek | |||||||||
6.37 | Property | 1 | Courtland | |||||||||
6.38 | Property | 1 | Thibodaux | |||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
9 | Loan | 18, 28, 36 | 1 | Beach Place | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
12.01 | Property | 1 | Davis Creek Apartments | |||||||||
12.02 | Property | 1 | Canterbury East Apartments | |||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
A-1-35 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
4 | ||||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | |||||||||
13.02 | Property | 1 | 260 Industrial Drive | |||||||||
13.03 | Property | 1 | 770 Sunpark Drive | |||||||||
13.04 | Property | 1 | 2375 Highway 101 | |||||||||
13.05 | Property | 1 | 7-10 Audrey Place | |||||||||
13.06 | Property | 1 | N915 Craftsman Drive | |||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | |||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
16 | Loan | 30, 37 | 1 | Oakbrook Station | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine
(Max Principal of $4,200,000; Max Combined LTV of 65.0%; Min Combined Debt Yield of 9.4%; Min Combined DSCR of 1.40x; Intercreditor Agreement is required) |
18.01 | Property | 1 | Garrett Woods Apartments | |||||||||
18.02 | Property | 1 | Walnut Creek Apartments | |||||||||
18.03 | Property | 1 | Live Marathon Apartments | |||||||||
18.04 | Property | 1 | Mason Drive Apartments | |||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
26 | Loan | 20 | 1 | Four Points Greensboro | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28.01 | Property | 1 | 131 Hancock Ave | |||||||||
28.02 | Property | 1 | 69 Lincoln Street | |||||||||
28.03 | Property | 1 | 64 Logan Ave | |||||||||
28.04 | Property | 1 | 128 Bayview Ave | |||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | |||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine
(Max Combined LTV of 54.9%; Min Combined Debt Yield of 13.2%; Min Combined DSCR of 1.50x; Intercreditor Agreement is required) |
30 | Loan | 1 | Palm Beach Commons | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
33.01 | Property | 1 | Dayville Storage | |||||||||
33.02 | Property | 1 | Mechanic Street Storage | |||||||||
33.03 | Property | 1 | Brooklyn Self Storage | |||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
A-1-36 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor | Non-Recourse Carveout Guarantor |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | Michael Colman, David Colman and Evan Ross | Michael Colman, David Colman and Evan Ross |
1.01 | Property | 1 | Garfield Commons | |||
1.02 | Property | 1 | Farmbrooke Manor | |||
1.03 | Property | 1 | Warren Woods | |||
1.04 | Property | 1 | Highland Towers | |||
1.05 | Property | 1 | Golf Manor | |||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | The Macerich Partnership, L.P. and Alaska Permanent Fund Corporation | The Macerich Partnership, L.P. |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | Blue Owl NLT Operating Partnership LP | Blue Owl NLT Operating Partnership LP |
3.01 | Property | 1 | 1111 Izaak Walton Road | |||
3.02 | Property | 1 | 2000 Bolton Street | |||
3.03 | Property | 1 | 6420 Glenn Highway Road | |||
3.04 | Property | 1 | 1 International Drive | |||
3.05 | Property | 1 | 645 East Broad Street | |||
3.06 | Property | 1 | 4825 Hoffman Street | |||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | BLT Real Estate JV5 LLC | BLT Real Estate JV5 LLC |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | Fred Ohebshalom | Fred Ohebshalom |
5.01 | Property | 1 | 509 & 515 West 110th Street | |||
5.02 | Property | 1 | 517 West 113th Street | |||
5.03 | Property | 1 | 652 and 664 West 163rd Street | |||
5.04 | Property | 1 | 21 5th Avenue | |||
5.05 | Property | 1 | 603 West 140th Street | |||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | Mini Mall U.S. Storage Properties Master LP | Mini Mall U.S. Storage Properties Master LP |
6.01 | Property | 1 | New Orleans | |||
6.02 | Property | 1 | Loveland | |||
6.03 | Property | 1 | Anderson Storage | |||
6.04 | Property | 1 | Higdon Road | |||
6.05 | Property | 1 | Lake Charles | |||
6.06 | Property | 1 | Columbus | |||
6.07 | Property | 1 | Danville | |||
6.08 | Property | 1 | Files Road | |||
6.09 | Property | 1 | Greencastle | |||
6.10 | Property | 1 | Hot Springs 267 | |||
6.11 | Property | 1 | Royal | |||
6.12 | Property | 1 | Winans | |||
6.13 | Property | 1 | Meridian | |||
6.14 | Property | 1 | Florence | |||
6.15 | Property | 1 | Lucedale 63 South | |||
6.16 | Property | 1 | Hot Springs 176 | |||
6.17 | Property | 1 | Moulton | |||
6.18 | Property | 1 | Airport Road | |||
6.19 | Property | 1 | Central 6122 | |||
6.20 | Property | 1 | Higdon Ferry Road South | |||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | |||
6.22 | Property | 1 | Moss Point | |||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | |||
6.24 | Property | 1 | Ernie’s | |||
6.25 | Property | 1 | Marion Anderson Road | |||
6.26 | Property | 1 | Amity | |||
6.27 | Property | 1 | Cloverdale | |||
6.28 | Property | 1 | Mountain Pine Road | |||
6.29 | Property | 1 | Lucedale MS-613 | |||
6.30 | Property | 1 | Crawfordsville | |||
6.31 | Property | 1 | Point Cedar | |||
6.32 | Property | 1 | Central 6045 | |||
6.33 | Property | 1 | Lucedale 63 North | |||
6.34 | Property | 1 | Malvern Road | |||
6.35 | Property | 1 | John Owens | |||
6.36 | Property | 1 | Town Creek | |||
6.37 | Property | 1 | Courtland | |||
6.38 | Property | 1 | Thibodaux | |||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | Gotion, Inc. | Gotion, Inc. |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | Unibail-Rodamco-Westfield and affiliates of The Prudential Assurance Company Limited | Unibail-Rodamco-Westfield and affiliates of The Prudential Assurance Company Limited |
9 | Loan | 18, 28, 36 | 1 | Beach Place | Joseph J. Sitt | Joseph J. Sitt |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | Brookfield Properties Retail Holding LLC and Teachers' Retirement System of the State of Illinois | GGP-TRS L.L.C. |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | Praveen Reddy and Sumeet Patel | Praveen Reddy and Sumeet Patel |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | Frank T. Sinito | Frank T. Sinito |
12.01 | Property | 1 | Davis Creek Apartments | |||
12.02 | Property | 1 | Canterbury East Apartments | |||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | New Mountain Net Lease Partners II Corporation | New Mountain Net Lease Partners II Corporation |
A-1-37 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor | Non-Recourse Carveout Guarantor |
13.01 | Property | 1 | 3850 East Miraloma Avenue | |||
13.02 | Property | 1 | 260 Industrial Drive | |||
13.03 | Property | 1 | 770 Sunpark Drive | |||
13.04 | Property | 1 | 2375 Highway 101 | |||
13.05 | Property | 1 | 7-10 Audrey Place | |||
13.06 | Property | 1 | N915 Craftsman Drive | |||
13.07 | Property | 1 | 7400 Pinemont Drive | |||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | Mark Rigerman and Shimon Jacobowitz | Mark Rigerman and Shimon Jacobowitz |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | Columbus Realty Investments, Ltd. | Columbus Realty Investments, Ltd. |
16 | Loan | 30, 37 | 1 | Oakbrook Station | Peter Kempner, Robert Kempner, Douglas Kempner, Peter Braus and James Wacht | Peter Kempner, Robert Kempner, Douglas Kempner, Peter Braus and James Wacht |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | Alexander Libin and Joseph Levine | Alexander Libin and Joseph Levine |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | Moshe D. Horn | Moshe D. Horn |
18.01 | Property | 1 | Garrett Woods Apartments | |||
18.02 | Property | 1 | Walnut Creek Apartments | |||
18.03 | Property | 1 | Live Marathon Apartments | |||
18.04 | Property | 1 | Mason Drive Apartments | |||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | Michael H. Scott, Lee M. Kort and Sierra Corporate Management, Inc. | Michael
H. Scott, Lee M. Kort, The Michael H. Scott Revocable Trust Dated August 15, 2007 and The Kort Family Trust Dated December 1, 2004 |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | Farrukh Bagasra | Farrukh Bagasra |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | Significan LC, LLC | Matt Shields, John-Paul Albano and Rostislav Novakovsky |
22 | Loan | 29 | 1 | Green Tree Villas | Matty Wercberger | Matty Wercberger |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | Warwick Amusements Corporation | Warwick Amusements Corporation |
24 | Loan | 1 | Meadowbrook Apartments | Benjamin Israel | Benjamin Israel | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | Malik Abdi Abdulnoor | Malik Abdi Abdulnoor |
26 | Loan | 20 | 1 | Four Points Greensboro | Kim S. Rogers | Kim S. Rogers |
27 | Loan | 12, 31 | 1 | 575 Degraw | Jack Elo | Jack Elo |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | Samuel Posner | Samuel Posner |
28.01 | Property | 1 | 131 Hancock Ave | |||
28.02 | Property | 1 | 69 Lincoln Street | |||
28.03 | Property | 1 | 64 Logan Ave | |||
28.04 | Property | 1 | 128 Bayview Ave | |||
28.05 | Property | 1 | 128 St. Paul's Ave | |||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | Oaktree Capital Management, LLC, Clearview Hotel Capital, LLC and Host Hotels & Resorts LP | Oaktree Real Estate Opportunities Fund VI, L.P. |
30 | Loan | 1 | Palm Beach Commons | Michael Nortman and Joshua Simon | Michael Nortman and Joshua Simon | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | Albert Dweck | Albert Dweck |
32 | Loan | 18, 35 | 1 | The Dylan | Elevate CIG | Jorge Abreu, Eric Bodiwala, Kumar Sadaram, Robert Newburn and Christopher Kuehnemund |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri | George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri |
33.01 | Property | 1 | Dayville Storage | |||
33.02 | Property | 1 | Mechanic Street Storage | |||
33.03 | Property | 1 | Brooklyn Self Storage | |||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | Albert Dweck | Albert Dweck |
35 | Loan | 1 | Cityline Livingston Storage | George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri | George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri | |
36 | Loan | 1 | Enon Storage | George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri | George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri |
A-1-38 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Delaware
Statutory Trust (Y/N) |
Tenants-in-common
(Y/N) |
Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) |
37 | 7 | 8 | |||||||||||||
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | No | No | Refinance | 75,000,000 | 0 | 0 | 0 | 75,000,000 | 36,385,594 | 0 | |
1.01 | Property | 1 | Garfield Commons | No | |||||||||||
1.02 | Property | 1 | Farmbrooke Manor | No | |||||||||||
1.03 | Property | 1 | Warren Woods | No | |||||||||||
1.04 | Property | 1 | Highland Towers | No | |||||||||||
1.05 | Property | 1 | Golf Manor | No | |||||||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | No | No | Refinance | No | 710,000,000 | 0 | 0 | 0 | 710,000,000 | 666,692,845 | 0 |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | No | No | Acquisition | 60,000,000 | 38,602,490 | 0 | 0 | 98,602,490 | 0 | 97,323,731 | |
3.01 | Property | 1 | 1111 Izaak Walton Road | No | |||||||||||
3.02 | Property | 1 | 2000 Bolton Street | No | |||||||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | No | |||||||||||
3.04 | Property | 1 | 1 International Drive | No | |||||||||||
3.05 | Property | 1 | 645 East Broad Street | No | |||||||||||
3.06 | Property | 1 | 4825 Hoffman Street | No | |||||||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | No | No | Refinance | No | 85,000,000 | 554,430 | 0 | 0 | 85,554,430 | 83,645,446 | 0 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | No | No | Refinance | 84,100,000 | 0 | 0 | 0 | 84,100,000 | 64,662,370 | 0 | |
5.01 | Property | 1 | 509 & 515 West 110th Street | No | |||||||||||
5.02 | Property | 1 | 517 West 113th Street | No | |||||||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | No | |||||||||||
5.04 | Property | 1 | 21 5th Avenue | No | |||||||||||
5.05 | Property | 1 | 603 West 140th Street | No | |||||||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | No | No | Refinance | 55,500,000 | 0 | 0 | 0 | 55,500,000 | 41,219,718 | 0 | |
6.01 | Property | 1 | New Orleans | No | |||||||||||
6.02 | Property | 1 | Loveland | No | |||||||||||
6.03 | Property | 1 | Anderson Storage | No | |||||||||||
6.04 | Property | 1 | Higdon Road | No | |||||||||||
6.05 | Property | 1 | Lake Charles | No | |||||||||||
6.06 | Property | 1 | Columbus | No | |||||||||||
6.07 | Property | 1 | Danville | No | |||||||||||
6.08 | Property | 1 | Files Road | No | |||||||||||
6.09 | Property | 1 | Greencastle | No | |||||||||||
6.10 | Property | 1 | Hot Springs 267 | No | |||||||||||
6.11 | Property | 1 | Royal | No | |||||||||||
6.12 | Property | 1 | Winans | No | |||||||||||
6.13 | Property | 1 | Meridian | No | |||||||||||
6.14 | Property | 1 | Florence | No | |||||||||||
6.15 | Property | 1 | Lucedale 63 South | No | |||||||||||
6.16 | Property | 1 | Hot Springs 176 | No | |||||||||||
6.17 | Property | 1 | Moulton | No | |||||||||||
6.18 | Property | 1 | Airport Road | No | |||||||||||
6.19 | Property | 1 | Central 6122 | No | |||||||||||
6.20 | Property | 1 | Higdon Ferry Road South | No | |||||||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | No | |||||||||||
6.22 | Property | 1 | Moss Point | No | |||||||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | No | |||||||||||
6.24 | Property | 1 | Ernie’s | No | |||||||||||
6.25 | Property | 1 | Marion Anderson Road | No | |||||||||||
6.26 | Property | 1 | Amity | No | |||||||||||
6.27 | Property | 1 | Cloverdale | No | |||||||||||
6.28 | Property | 1 | Mountain Pine Road | No | |||||||||||
6.29 | Property | 1 | Lucedale MS-613 | No | |||||||||||
6.30 | Property | 1 | Crawfordsville | No | |||||||||||
6.31 | Property | 1 | Point Cedar | No | |||||||||||
6.32 | Property | 1 | Central 6045 | No | |||||||||||
6.33 | Property | 1 | Lucedale 63 North | No | |||||||||||
6.34 | Property | 1 | Malvern Road | No | |||||||||||
6.35 | Property | 1 | John Owens | No | |||||||||||
6.36 | Property | 1 | Town Creek | No | |||||||||||
6.37 | Property | 1 | Courtland | No | |||||||||||
6.38 | Property | 1 | Thibodaux | No | |||||||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | No | No | Acquisition | No | 78,750,000 | 77,225,947 | 0 | 9,356,000 | 165,331,947 | 0 | 139,500,000 |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | No | No | Refinance | No | 525,000,000 | 8,659,157 | 0 | 0 | 533,659,157 | 526,745,637 | 0 |
9 | Loan | 18, 28, 36 | 1 | Beach Place | No | No | Refinance | No | 36,000,000 | 1,216,947 | 0 | 0 | 37,216,947 | 31,181,027 | 0 |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | No | No | Refinance | No | 150,000,000 | 13,330,744 | 0 | 0 | 163,330,744 | 152,794,561 | 0 |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | No | No | Refinance | No | 30,925,000 | 0 | 0 | 0 | 30,925,000 | 15,879,492 | 0 |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | No | No | Refinance | 30,000,000 | 0 | 0 | 0 | 30,000,000 | 22,615,151 | 0 | |
12.01 | Property | 1 | Davis Creek Apartments | No | |||||||||||
12.02 | Property | 1 | Canterbury East Apartments | No | |||||||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | No | No | Recapitalization | 29,616,950 | 0 | 0 | 0 | 29,616,950 | 0 | 0 |
A-1-39 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Delaware
Statutory Trust (Y/N) |
Tenants-in-common
(Y/N) |
Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) |
37 | 7 | 8 | |||||||||||||
13.01 | Property | 1 | 3850 East Miraloma Avenue | No | |||||||||||
13.02 | Property | 1 | 260 Industrial Drive | No | |||||||||||
13.03 | Property | 1 | 770 Sunpark Drive | No | |||||||||||
13.04 | Property | 1 | 2375 Highway 101 | No | |||||||||||
13.05 | Property | 1 | 7-10 Audrey Place | No | |||||||||||
13.06 | Property | 1 | N915 Craftsman Drive | No | |||||||||||
13.07 | Property | 1 | 7400 Pinemont Drive | No | |||||||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | No | Yes | Refinance | Yes | 25,000,000 | 0 | 0 | 0 | 25,000,000 | 15,143,925 | 0 |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | No | Yes | Recapitalization | No | 21,750,000 | 0 | 0 | 0 | 21,750,000 | 0 | 0 |
16 | Loan | 30, 37 | 1 | Oakbrook Station | No | Yes | Acquisition | No | |||||||
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | No | No | Acquisition | No | |||||||
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | No | No | Refinance | ||||||||
18.01 | Property | 1 | Garrett Woods Apartments | No | |||||||||||
18.02 | Property | 1 | Walnut Creek Apartments | No | |||||||||||
18.03 | Property | 1 | Live Marathon Apartments | No | |||||||||||
18.04 | Property | 1 | Mason Drive Apartments | No | |||||||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | No | No | Refinance | No | |||||||
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | No | No | Refinance | No | |||||||
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | No | No | Refinance | No | |||||||
22 | Loan | 29 | 1 | Green Tree Villas | No | No | Refinance | No | |||||||
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | No | No | Refinance | No | |||||||
24 | Loan | 1 | Meadowbrook Apartments | No | No | Acquisition | No | ||||||||
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | No | No | Acquisition | No | |||||||
26 | Loan | 20 | 1 | Four Points Greensboro | No | No | Acquisition | No | |||||||
27 | Loan | 12, 31 | 1 | 575 Degraw | No | No | Refinance | No | |||||||
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | No | No | Refinance | ||||||||
28.01 | Property | 1 | 131 Hancock Ave | No | |||||||||||
28.02 | Property | 1 | 69 Lincoln Street | No | |||||||||||
28.03 | Property | 1 | 64 Logan Ave | No | |||||||||||
28.04 | Property | 1 | 128 Bayview Ave | No | |||||||||||
28.05 | Property | 1 | 128 St. Paul's Ave | No | |||||||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | No | No | Refinance | No | |||||||
30 | Loan | 1 | Palm Beach Commons | No | No | Refinance | No | ||||||||
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | No | No | Refinance | No | |||||||
32 | Loan | 18, 35 | 1 | The Dylan | No | No | Refinance | No | |||||||
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | No | No | Acquisition | ||||||||
33.01 | Property | 1 | Dayville Storage | No | |||||||||||
33.02 | Property | 1 | Mechanic Street Storage | No | |||||||||||
33.03 | Property | 1 | Brooklyn Self Storage | No | |||||||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | No | No | Refinance | No | |||||||
35 | Loan | 1 | Cityline Livingston Storage | No | No | Acquisition | No | ||||||||
36 | Loan | 1 | Enon Storage | No | No | Acquisition | No |
A-1-40 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | 2,245,407 | 12,293,804 | 24,075,195 | 0 | 75,000,000 | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | Garfield Commons | NAP | NAP | NAP | NAP | NAP | ||||||
1.02 | Property | 1 | Farmbrooke Manor | NAP | NAP | NAP | NAP | NAP | ||||||
1.03 | Property | 1 | Warren Woods | NAP | NAP | NAP | NAP | NAP | ||||||
1.04 | Property | 1 | Highland Towers | NAP | NAP | NAP | NAP | NAP | ||||||
1.05 | Property | 1 | Golf Manor | NAP | NAP | NAP | NAP | NAP | ||||||
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | 3,532,030 | 39,775,125 | 0 | 0 | 710,000,000 | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | 1,278,758 | 0 | 0 | 0 | 98,602,490 | NAP | NAP | NAP | NAP | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | NAP | NAP | NAP | NAP | NAP | ||||||
3.02 | Property | 1 | 2000 Bolton Street | NAP | NAP | NAP | NAP | NAP | ||||||
3.03 | Property | 1 | 6420 Glenn Highway Road | NAP | NAP | NAP | NAP | NAP | ||||||
3.04 | Property | 1 | 1 International Drive | NAP | NAP | NAP | NAP | NAP | ||||||
3.05 | Property | 1 | 645 East Broad Street | NAP | NAP | NAP | NAP | NAP | ||||||
3.06 | Property | 1 | 4825 Hoffman Street | NAP | NAP | NAP | NAP | NAP | ||||||
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 1,135,823 | 773,161 | 0 | 0 | 85,554,430 | 5/31/2030 | 132.13 | 101.70 | 77.0% | 132.13 |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | 6,041,478 | 6,476,738 | 6,919,414 | 0 | 84,100,000 | NAP | NAP | NAP | NAP | NAP |
5.01 | Property | 1 | 509 & 515 West 110th Street | NAP | NAP | NAP | NAP | NAP | ||||||
5.02 | Property | 1 | 517 West 113th Street | NAP | NAP | NAP | NAP | NAP | ||||||
5.03 | Property | 1 | 652 and 664 West 163rd Street | NAP | NAP | NAP | NAP | NAP | ||||||
5.04 | Property | 1 | 21 5th Avenue | NAP | NAP | NAP | NAP | NAP | ||||||
5.05 | Property | 1 | 603 West 140th Street | NAP | NAP | NAP | NAP | NAP | ||||||
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | 8,675,793 | 717,856 | 4,886,633 | 0 | 55,500,000 | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | New Orleans | NAP | NAP | NAP | NAP | NAP | ||||||
6.02 | Property | 1 | Loveland | NAP | NAP | NAP | NAP | NAP | ||||||
6.03 | Property | 1 | Anderson Storage | NAP | NAP | NAP | NAP | NAP | ||||||
6.04 | Property | 1 | Higdon Road | NAP | NAP | NAP | NAP | NAP | ||||||
6.05 | Property | 1 | Lake Charles | NAP | NAP | NAP | NAP | NAP | ||||||
6.06 | Property | 1 | Columbus | NAP | NAP | NAP | NAP | NAP | ||||||
6.07 | Property | 1 | Danville | NAP | NAP | NAP | NAP | NAP | ||||||
6.08 | Property | 1 | Files Road | NAP | NAP | NAP | NAP | NAP | ||||||
6.09 | Property | 1 | Greencastle | NAP | NAP | NAP | NAP | NAP | ||||||
6.10 | Property | 1 | Hot Springs 267 | NAP | NAP | NAP | NAP | NAP | ||||||
6.11 | Property | 1 | Royal | NAP | NAP | NAP | NAP | NAP | ||||||
6.12 | Property | 1 | Winans | NAP | NAP | NAP | NAP | NAP | ||||||
6.13 | Property | 1 | Meridian | NAP | NAP | NAP | NAP | NAP | ||||||
6.14 | Property | 1 | Florence | NAP | NAP | NAP | NAP | NAP | ||||||
6.15 | Property | 1 | Lucedale 63 South | NAP | NAP | NAP | NAP | NAP | ||||||
6.16 | Property | 1 | Hot Springs 176 | NAP | NAP | NAP | NAP | NAP | ||||||
6.17 | Property | 1 | Moulton | NAP | NAP | NAP | NAP | NAP | ||||||
6.18 | Property | 1 | Airport Road | NAP | NAP | NAP | NAP | NAP | ||||||
6.19 | Property | 1 | Central 6122 | NAP | NAP | NAP | NAP | NAP | ||||||
6.20 | Property | 1 | Higdon Ferry Road South | NAP | NAP | NAP | NAP | NAP | ||||||
6.21 | Property | 1 | Trinity - Al. Hwy 24 | NAP | NAP | NAP | NAP | NAP | ||||||
6.22 | Property | 1 | Moss Point | NAP | NAP | NAP | NAP | NAP | ||||||
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAP | NAP | NAP | NAP | NAP | ||||||
6.24 | Property | 1 | Ernie’s | NAP | NAP | NAP | NAP | NAP | ||||||
6.25 | Property | 1 | Marion Anderson Road | NAP | NAP | NAP | NAP | NAP | ||||||
6.26 | Property | 1 | Amity | NAP | NAP | NAP | NAP | NAP | ||||||
6.27 | Property | 1 | Cloverdale | NAP | NAP | NAP | NAP | NAP | ||||||
6.28 | Property | 1 | Mountain Pine Road | NAP | NAP | NAP | NAP | NAP | ||||||
6.29 | Property | 1 | Lucedale MS-613 | NAP | NAP | NAP | NAP | NAP | ||||||
6.30 | Property | 1 | Crawfordsville | NAP | NAP | NAP | NAP | NAP | ||||||
6.31 | Property | 1 | Point Cedar | NAP | NAP | NAP | NAP | NAP | ||||||
6.32 | Property | 1 | Central 6045 | NAP | NAP | NAP | NAP | NAP | ||||||
6.33 | Property | 1 | Lucedale 63 North | NAP | NAP | NAP | NAP | NAP | ||||||
6.34 | Property | 1 | Malvern Road | NAP | NAP | NAP | NAP | NAP | ||||||
6.35 | Property | 1 | John Owens | NAP | NAP | NAP | NAP | NAP | ||||||
6.36 | Property | 1 | Town Creek | NAP | NAP | NAP | NAP | NAP | ||||||
6.37 | Property | 1 | Courtland | NAP | NAP | NAP | NAP | NAP | ||||||
6.38 | Property | 1 | Thibodaux | NAP | NAP | NAP | NAP | NAP | ||||||
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | 14,842,004 | 10,989,943 | 0 | 0 | 165,331,947 | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | 6,913,520 | 0 | 0 | 0 | 533,659,157 | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 18, 28, 36 | 1 | Beach Place | 3,124,231 | 2,911,688 | 0 | 0 | 37,216,947 | NAP | NAP | NAP | NAP | NAP |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | 611,806 | 9,924,378 | 0 | 0 | 163,330,744 | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | 1,129,085 | 64,213 | 13,852,210 | 0 | 30,925,000 | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | 2,221,354 | 3,472,034 | 1,691,461 | 0 | 30,000,000 | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | 1 | Davis Creek Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
12.02 | Property | 1 | Canterbury East Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | 1,899,824 | 0 | 27,717,126 | 0 | 29,616,950 | NAP | NAP | NAP | NAP | NAP |
A-1-41 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) |
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAP | NAP | NAP | NAP | NAP | ||||||
13.02 | Property | 1 | 260 Industrial Drive | NAP | NAP | NAP | NAP | NAP | ||||||
13.03 | Property | 1 | 770 Sunpark Drive | NAP | NAP | NAP | NAP | NAP | ||||||
13.04 | Property | 1 | 2375 Highway 101 | NAP | NAP | NAP | NAP | NAP | ||||||
13.05 | Property | 1 | 7-10 Audrey Place | NAP | NAP | NAP | NAP | NAP | ||||||
13.06 | Property | 1 | N915 Craftsman Drive | NAP | NAP | NAP | NAP | NAP | ||||||
13.07 | Property | 1 | 7400 Pinemont Drive | NAP | NAP | NAP | NAP | NAP | ||||||
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | 1,862,823 | 514,259 | 7,478,993 | 0 | 25,000,000 | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | 474,434 | 3,947,416 | 17,328,151 | 0 | 21,750,000 | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 30, 37 | 1 | Oakbrook Station | NAP | NAP | NAP | NAP | NAP | |||||
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | NAP | |||||
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | |||||
18.01 | Property | 1 | Garrett Woods Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
18.02 | Property | 1 | Walnut Creek Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
18.03 | Property | 1 | Live Marathon Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
18.04 | Property | 1 | Mason Drive Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | NAP | |||||
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 3/31/2033 | 150.62 | 83.27 | 55.3% | 150.62 | |||||
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | NAP | |||||
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | NAP | |||||
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | NAP | 307.41 | 266.20 | 86.6% | 307.41 | |||||
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | NAP | ||||||
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 12/28/2038 | 114.74 | 83.22 | 72.5% | 114.74 | |||||
26 | Loan | 20 | 1 | Four Points Greensboro | 10/22/2038 | 115.04 | 68.82 | 59.8% | 115.04 | |||||
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | NAP | NAP | NAP | NAP | |||||
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | NAP | NAP | NAP | NAP | NAP | |||||
28.01 | Property | 1 | 131 Hancock Ave | NAP | NAP | NAP | NAP | NAP | ||||||
28.02 | Property | 1 | 69 Lincoln Street | NAP | NAP | NAP | NAP | NAP | ||||||
28.03 | Property | 1 | 64 Logan Ave | NAP | NAP | NAP | NAP | NAP | ||||||
28.04 | Property | 1 | 128 Bayview Ave | NAP | NAP | NAP | NAP | NAP | ||||||
28.05 | Property | 1 | 128 St. Paul's Ave | NAP | NAP | NAP | NAP | NAP | ||||||
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | NAP | 233.09 | 140.33 | 60.2% | 230.42 | |||||
30 | Loan | 1 | Palm Beach Commons | NAP | NAP | NAP | NAP | NAP | ||||||
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | NAP | |||||
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | NAP | |||||
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | NAP | NAP | NAP | NAP | NAP | |||||
33.01 | Property | 1 | Dayville Storage | NAP | NAP | NAP | NAP | NAP | ||||||
33.02 | Property | 1 | Mechanic Street Storage | NAP | NAP | NAP | NAP | NAP | ||||||
33.03 | Property | 1 | Brooklyn Self Storage | NAP | NAP | NAP | NAP | NAP | ||||||
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | NAP | |||||
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | NAP | ||||||
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | NAP |
A-1-42 |
Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
1 | Loan | 11, 24 | 5 | Highland Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | Garfield Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.02 | Property | 1 | Farmbrooke Manor | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.03 | Property | 1 | Warren Woods | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.04 | Property | 1 | Highland Towers | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
1.05 | Property | 1 | Golf Manor | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 9, 10, 18, 21, 23, 24, 25, 27, 28 | 1 | Tysons Corner Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 9, 11, 24, 26, 35, 36 | 6 | Blue Owl Tenneco Portfolio (Pool B) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3.01 | Property | 1 | 1111 Izaak Walton Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.02 | Property | 1 | 2000 Bolton Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.03 | Property | 1 | 6420 Glenn Highway Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.04 | Property | 1 | 1 International Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.05 | Property | 1 | 645 East Broad Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
3.06 | Property | 1 | 4825 Hoffman Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4 | Loan | 9, 10, 23, 29 | 1 | DoubleTree by Hilton Hotel Orlando at SeaWorld | 101.70 | 77.0% | 119.71 | 95.16 | 79.5% | 88.69 | 62.37 | 70.3% |
5 | Loan | 10, 11, 23 | 5 | Acquisition America Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.01 | Property | 1 | 509 & 515 West 110th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.02 | Property | 1 | 517 West 113th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.03 | Property | 1 | 652 and 664 West 163rd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.04 | Property | 1 | 21 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.05 | Property | 1 | 603 West 140th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6 | Loan | 11, 20, 31, 35 | 38 | Avenue Living Mini Mall Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6.01 | Property | 1 | New Orleans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.02 | Property | 1 | Loveland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.03 | Property | 1 | Anderson Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.04 | Property | 1 | Higdon Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.05 | Property | 1 | Lake Charles | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.06 | Property | 1 | Columbus | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.07 | Property | 1 | Danville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.08 | Property | 1 | Files Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.09 | Property | 1 | Greencastle | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.10 | Property | 1 | Hot Springs 267 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.11 | Property | 1 | Royal | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.12 | Property | 1 | Winans | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.13 | Property | 1 | Meridian | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.14 | Property | 1 | Florence | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.15 | Property | 1 | Lucedale 63 South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.16 | Property | 1 | Hot Springs 176 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.17 | Property | 1 | Moulton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.18 | Property | 1 | Airport Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.19 | Property | 1 | Central 6122 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.20 | Property | 1 | Higdon Ferry Road South | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.21 | Property | 1 | Trinity - Al. Hwy 24 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.22 | Property | 1 | Moss Point | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.23 | Property | 1 | Trinity - Co. Rd. 434 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.24 | Property | 1 | Ernie’s | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.25 | Property | 1 | Marion Anderson Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.26 | Property | 1 | Amity | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.27 | Property | 1 | Cloverdale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.28 | Property | 1 | Mountain Pine Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.29 | Property | 1 | Lucedale MS-613 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.30 | Property | 1 | Crawfordsville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.31 | Property | 1 | Point Cedar | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.32 | Property | 1 | Central 6045 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.33 | Property | 1 | Lucedale 63 North | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.34 | Property | 1 | Malvern Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.35 | Property | 1 | John Owens | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.36 | Property | 1 | Town Creek | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.37 | Property | 1 | Courtland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.38 | Property | 1 | Thibodaux | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 10, 23, 26, 33, 34, 35, 36 | 1 | 333 South Spruce Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 9, 10, 23, 14, 36 | 1 | Garden State Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 18, 28, 36 | 1 | Beach Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10 | Loan | 9, 10, 23 | 1 | Galleria at Tyler | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | 18, 35 | 1 | Forward Storage San Antonio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 11, 18, 20 | 2 | Millennia Michigan Multi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | 1 | Davis Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12.02 | Property | 1 | Canterbury East Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13 | Loan | 11, 31, 35, 36 | 7 | MW Industries Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
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Benchmark 2024-V5 Mortgage Trust Annex A-1
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
13.01 | Property | 1 | 3850 East Miraloma Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.02 | Property | 1 | 260 Industrial Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.03 | Property | 1 | 770 Sunpark Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.04 | Property | 1 | 2375 Highway 101 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.05 | Property | 1 | 7-10 Audrey Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.06 | Property | 1 | N915 Craftsman Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
13.07 | Property | 1 | 7400 Pinemont Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14 | Loan | 21, 29, 30, 35, 36, 37 | 1 | 311 Pine Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | 27, 28, 36, 37 | 1 | University Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | 30, 37 | 1 | Oakbrook Station | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 21, 31, 35, 36 | 1 | Hilton Appleton Paper Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | 11, 18, 30, 32, 36 | 4 | Horn Southeast Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18.01 | Property | 1 | Garrett Woods Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.02 | Property | 1 | Walnut Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.03 | Property | 1 | Live Marathon Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.04 | Property | 1 | Mason Drive Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
19 | Loan | 9, 25, 36 | 1 | The Fountains at La Verne MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 30 | 1 | Embassy Suites Schaumburg | 83.27 | 55.3% | 149.18 | 73.72 | 49.4% | 117.09 | 47.63 | 40.7% |
21 | Loan | 18, 35 | 1 | 100 Valley Hill Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 29 | 1 | Green Tree Villas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 10, 29, 30, 33 | 1 | Warwick New York | 266.20 | 86.6% | 284.93 | 242.82 | 85.2% | 191.85 | 131.89 | 68.7% |
24 | Loan | 1 | Meadowbrook Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | 20, 29, 30 | 1 | Staybridge Suites Toledo | 83.22 | 72.5% | 112.42 | 86.92 | 77.3% | 101.26 | 63.48 | 62.7% |
26 | Loan | 20 | 1 | Four Points Greensboro | 68.82 | 59.8% | 107.23 | 62.38 | 58.2% | NAV | NAV | NAV |
27 | Loan | 12, 31 | 1 | 575 Degraw | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 11, 12, 30, 35, 36 | 5 | Jersey City Multi Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28.01 | Property | 1 | 131 Hancock Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.02 | Property | 1 | 69 Lincoln Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.03 | Property | 1 | 64 Logan Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.04 | Property | 1 | 128 Bayview Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.05 | Property | 1 | 128 St. Paul's Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | 9, 10, 16, 25, 30, 31, 32, 33, 36 | 1 | Philadelphia Marriott Downtown | 131.55 | 57.1% | 221.64 | 102.75 | 46.4% | 181.77 | 37.37 | 20.6% |
30 | Loan | 1 | Palm Beach Commons | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31 | Loan | 12, 18, 35 | 1 | 537 Edgecombe Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 18, 35 | 1 | The Dylan | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 11, 24 | 3 | Cityline NE Connecticut Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33.01 | Property | 1 | Dayville Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.02 | Property | 1 | Mechanic Street Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.03 | Property | 1 | Brooklyn Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 13 | 1 | 18-67 Cornelia Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | 1 | Cityline Livingston Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 1 | Enon Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
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Footnotes to Annex A-1 | |
(1) | The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan. |
(2) | The Monthly Debt Service (P&I) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period. |
(3) | The open period is inclusive of the Maturity Date or Anticipated Repayment Date. |
(4) | Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) is calculated based on amortizing debt service payments (except for interest-only loans). |
(5) | Leased Occupancy (%) reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
(6) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease. |
(7) | Property Located Within a Qualified Opportunity Zone (Y/N) reflects Mortgaged Properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ. |
(8) | If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated. |
(9) |
GACC—German American Capital Corporation or one of its affiliates; BMO—Bank of Montreal or one of its affiliates; CREFI—Citi Real Estate Funding Inc. or one of its affiliates; GSMC—Goldman Sachs Mortgage Company or one of its affiliates; Barclays—Barclays Capital Real Estate Inc. or one of its affiliates.
With respect to Loan No. 2, Tysons Corner Center, the Mortgage Loan is part of a whole loan that was co-originated by Deutsche Bank AG, acting through its New York Branch, Goldman Sachs Bank USA, JP Morgan, Chase Bank, National Association and BMO.
With respect to Loan No. 3, Blue Owl Tenneco Portfolio (Pool B), the Mortgage Loan was co-originated by DBR Investments Co. Limited and BMO.
With respect to Loan No. 4, DoubleTree by Hilton Hotel Orlando at SeaWorld, the Mortgage Loan is part of a whole loan as to which separate notes are being sold by BMO, CREFI and GACC. The whole loan was originated by BMO and partially assigned to CREFI and Deutsche Bank AG, acting through its New York Branch. GACC has acquired or will acquire the portion of such Mortgage Loan as to
|
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which it is acting as Mortgage Loan seller from Deutsche Bank AG, acting through its New York Branch on or prior to the closing date.
With respect to Loan No. 8, Garden State Plaza, the Mortgage Loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, German American Capital Corporation and Natixis Real Estate Capital LLC.
With respect to Loan No. 10, Galleria at Tyler, the Mortgage Loan is part of a whole loan that was co-originated by Deutsche Bank AG, acting through its New York Branch, Bank of America, N.A., and Societe Generale Financial Corporation.
With respect to Loan No. 19, The Fountains at La Verne MHC, the Mortgage Loan was originated by BSPRT CMBS Finance, LLC, an unaffiliated third-party, and was purchased by Barclays prior to the Closing Date.
With respect to Loan No. 29, Philadelphia Marriott Downtown, the Mortgage Loan is part of a Whole Loan that was co-originated by Barclays, Wells Fargo Bank, National Association and JPMorgan Chase Bank, National Association. | |
(10) |
With respect to the pari passu loans referenced below, the Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%), and Loan Per Unit ($) are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate and exclude any mezzanine debt and, in the case of any loans structured with A/B Notes, the secured subordinate debt. For additional information see the table titled “Whole Loan Control Notes and Non–Control Notes” under “Description of the Mortgage Pool—The Whole Loans—General” in this Preliminary Prospectus.
● Loan No. 2 – Tysons Corner Center |
(11) |
With respect to any Mortgaged Property securing a multi–property Mortgage Loan, the amounts listed under the headings “Original Balance ($)” and “Cut–off Date Balance ($)” reflect the Allocated Loan Amount related to such Mortgaged Property.
● Loan No. 1 – Highland Multifamily Portfolio |
(12) |
With respect to Loan No. 27, 575 Degraw, the Mortgaged Property is comprised of 22,000 sq. ft. of medical office space and 18,000 sq. ft. of retail space.
With respect to Loan No. 28, Jersey City Multi Portfolio, the Mortgaged Property 64 Logan Ave contains four residential units accounting for 66.4% of Underwritten EGI ($) and one 1,800 sq. ft. retail space accounting for 33.6% of Underwritten EGI ($).
|
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With respect to Loan No. 31, 537 Edgecombe Avenue, the Mortgaged Property contains a 1,820 sq. ft. commercial unit that accounts for approximately 3.6% of Underwritten EGI ($). | |
(13) | With respect to Loan No. 34, 18-67 Cornelia Street, the Mortgaged Property was designated a landmark by the New York City Landmarks Preservation Committee (“NYCLPC”). The landmark designation requires that NYCLPC approval be obtained in advance for any alteration, reconstruction, demolition or new construction affecting the designated building. |
(14) |
The Administrative Fee Rate (%) includes the respective per annum rates applicable to the calculation of the servicing fee, any sub–servicing fee, trustee/certificate administrator fee, operating advisor fee, and CREFC® license fee with respect to each Mortgage Loan. For purposes of this annex A–1, the definition of Administrative Fee Rate as it relates to any Non–Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing or any sub–servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non–Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. See the table titled “Non–Serviced Whole Loans” under “Summary of Terms—Offered Certificates—Servicing and Administration Fees” in this Preliminary Prospectus.
With respect to Loan No. 8, Garden State Plaza, as to which two notes are being sold by GSMC (with an aggregate outstanding principal balance of $30,000,000) and one note is being sold GACC (with an outstanding principal balance of $15,000,000), the Administrative Fee Rate reflects the weighted average of the Administrative Fee Rates on the notes. The Administrative Fee Rate on the portion of the Mortgage Loan being sold by (i) GSMC is 0.027461% and (ii) GACC is 0.017461%. |
(15) | Annual Debt Service (IO) ($), Annual Debt Service (P&I) ($), Monthly Debt Service (IO) ($), Monthly Debt Service (P&I) ($), Underwritten NOI DSCR (x) and Underwritten NCF DSCR (x) for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service (IO) ($), the average of such interest only payments) without regard to leap year adjustments. |
(16) |
“Hard” generally means each tenant is required to transfer its
rent directly to the lender–controlled lockbox account. However, with respect to hospitality properties, “Hard” means
all credit card receipts are deposited directly into the lockbox by the card processing company and all over–the–counter cash
and equivalents are required to be deposited by the property manager or borrower into the lockbox. “Soft” means the borrower
has established a lockbox account that will be under lender control and the borrower or property manager is required to collect rents
from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon the occurrence of
a trigger event (as specified in the related Mortgage Loan Documents), the borrower is required to establish a lockbox account that will
be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents
into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan Documents),
each tenant will be required to transfer its rent directly to a lender–controlled lockbox.
With respect to Loan No. 29, Philadelphia Marriott Downtown, the Whole Loan documents are structured with a soft lockbox, pursuant to which all cash generated at the related Mortgaged Property which the borrowers and operating lessee are entitled to receive pursuant to the related management agreement is required to be deposited to the lockbox account by the related property manager within one business day after the borrowers or operating lessee are entitled to distributions |
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thereto so long as the following conditions are satisfied: (i) the related Mortgaged Property is managed by the hotel manager under the management agreement as in effect as of the origination of the Whole Loan; (ii) such management agreement remains in full force and effect; and (iii) such hotel manager is maintaining the cash management system and FF&E reserves as set forth in the management agreement (collectively, the “Qualified Hotel Management Condition”). However, if the Qualified Hotel Management Condition is not satisfied, the borrowers and operating lessee are required to, or cause the property manager to, (i) deposit all gross revenue and all forfeited security deposits into the lockbox account within one business day of receipt thereof, and (ii) send direction letters to (x) all tenants then occupying space at the Mortgaged Property instructing them to pay all rent and other sums due under the related leases directly into the lockbox account and (y) each applicable credit card company and credit card clearing bank instructing them to deliver all receipts payable with respect to the Mortgaged Property directly to the lockbox account. | |
(17) | “In Place” means that related property cash flows go through a waterfall of required reserve or other payment amounts due before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan documents, In Place cash management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related Mortgage Loan documents). |
(18) |
With respect to Loan No. 2, Tysons Corner Center, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is due to the repositioning of the LL Bean space (74,910 SF). Lululemon Athletica (opened February 2023), Old Navy (opened February 2023), and Kendra Scott (opened March 2023) all attribute to a significant increase in sales and foot traffic.
With respect to Loan No. 9, Beach Place, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is due to the removal of the escalators, and new security and landscaping contracts reducing the expense load significantly from the TTM and prior historical financial information. Additionally there has been a significant increase in rent payments.
With respect to Loan No. 11, Forward Storage San Antonio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by the sponsors increasing monthly rents on storage units while also increasing occupancy.
With respect to Loan No. 12, Millennia Michigan Multi Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the potential income from vacant space.
With respect to Loan No. 18, Horn Southeast Multifamily Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Sponsor’s value creation between occupancy and rental rate increases as well as reducing expenses.
With respect to Loan No. 21, 100 Valley Hill Road, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is due to recent renovations, which enabled the borrower to increase gross potential rent.
With respect to Loan No. 31, 537 Edgecombe Avenue, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is driven by the gut renovation and subsequent lease up of all residential units at the Mortgaged Property.
With respect to Loan No. 32, The Dylan, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by recent renovations and an increase in rental income. |
(19) | The grace periods noted under “Grace Period – Late Fee (Days)” and Grace Period – Default (Days) reflect the number of days of grace before a payment default is an event of default. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may |
A-1-48 |
additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A–1 to this Preliminary Prospectus. | |
(20) | In certain cases, in addition to an “as–is” value, the appraisal states an “as complete”, “as–stabilized” or “hypothetical” value for the related Mortgaged Property that assumes that certain events will occur with respect to retenanting, construction, renovation or repairs at such Mortgaged Property. The Appraised Value ($) set forth on Annex A–1 is the “as–is” value unless otherwise specified in this Preliminary Prospectus. With respect to the Mortgaged Properties that secure the Mortgage Loans listed in the following table, the Cut-off Date LTV Ratio (%) was calculated using the related “as complete”, “as–stabilized” or “hypothetical” Appraised Values, as opposed to the “as–is” Appraised Values, each as set forth in the following table: |
Mortgage Loan |
% of Initial Pool Balance |
Mortgage Loan Cut-off Date LTV Ratio (Other Than “As-Is”) |
Mortgage Loan LTV Ratio at Maturity (Other Than “As-Is”) |
Appraised Value (Other Than “As-Is”) |
Mortgage Loan Cut-off Date LTV Ratio (“As-Is”) |
Mortgage Loan LTV Ratio at Maturity (“As-Is”) |
Appraised Value (“As-Is”) |
Avenue Living Mini Mall Storage Portfolio (1) | 6.3% | 58.7% | 58.7% | $94,600,000 | 61.5% | 61.5% | $90,290,000 |
Millennia Michigan Multi Portfolio (2) | 3.4% | 68.0% | 68.0% | $44,150,000 | 69.3% | 69.3% | $43,300,000 |
Staybridge Suites Toledo(3) | 1.0% | 57.0% | 54.4% | $14,900,000 | 75.9% | 72.4% | $11,200,000 |
Four Points Greensboro(4) | 1.0% | 66.4% | 66.4% | $12,800,000 | 69.1% | 69.1% | $12,300,000 |
(1) | The Appraised Value (Other Than "As-is") represents the "As is Portfolio" appraised value as of June 22, 2023 which is inclusive of an approximately 4.8% portfolio premium and reflects the as is value if the entire Avenue Living Mini Mall Storage Portfolio was sold to a single buyer. The Appraised Value (“As-ls") represents the aggregate as-is values of the individual Avenue Living Mini Mall Storage Portfolio mortgaged properties. |
(2) | The Appraised Value (Other Than "As-Is") represents the aggregate of the "Hypothetical As Complete" appraised value as of October 26, 2023 for Davis Creek Apartments Mortgaged Property, which assumes the completion of improvements at the Mortgaged Property and the As Is appraised value for the Canterbury East Apartments Mortgaged Property. In connection with such improvements, the borrower deposited $1,900,000 into an upfront reserve. |
(3) | The Appraised Value (Other Than “As-ls”) is the “Prospective Market Value Upon Completion.” as of December 12, 2024 is based on the extraordinary assumption that the Mortgaged Property would complete a renovation at a total budgeted cost of $3,000,000 during the first year of the projection period (2024). At origination, the borrower deposited $3,000,000 into a reserve for such PIP. |
(4) | The Appraised Value (Other Than “As-ls”) of $12,800,000 as of October 20, 2023 is based on the extraordinary assumption that $560,000 for Year 1 PIP renovations was reserved at origination. At origination, $900,000 was escrowed into a Soft Goods PIP reserve and $404,000 was escrowed into a PIP reserve. |
(21) |
With respect to Loan No. 2, Tysons Corner Center, the Mortgaged Property is subject to an affiliated ground lease between the two borrowers with an expiration date of August 31, 2035. The security for the Whole Loan is both the fee simple estate and the leasehold estate created by the ground lease. The annual ground rent under the ground lease is currently $1,565,412.
With respect to Loan No. 14, 311 Pine Street, there is a ground lease in place, with the guarantors being both the lessees and the lessor. The Mortgaged Property, prior to March 16, 2018, was held by 408 Whiton Street LLC. On April 13, 2018, tenants in common interests in the Mortgaged Property were acquired in a 1031 exchange, by 408 Whiton Plaza LLC (owned by Paul Jensen and Mark Rigerman, a borrower sponsor) and 309 Pine Plaza LLC (owned by Shimon Jacobowitz, a borrower sponsor). On March 26, 2019, the borrower sponsors approved the development of an 8 story, 56-unit apartment building with 12 parking spaces. On May 25, 2020, the Mortgaged Property was ground leased to Pine Whiton Holdings, LLC, which is owned by Tiger Revitalization Fund LLC (owned by Paul Jensen and Mark Rigerman) and by 309 Pine Plaza Tenant LLC (owned by Shimon Jacobowitz).
The ground lease has a $150,000 annual payment required to the leased fee position. The borrower has both a fee simple and leasehold interest in the Mortgaged Property. Both the fee tenants in common owners and the leasehold owner are borrowers under the Mortgage Loan. BMO will have a fee and leasehold mortgage signed by the three borrowers. If there is an event of default under the ground lease, the ground lease can be terminated, and foreclosure action taken on the fee.
With respect to Loan No. 17, Hilton Appleton Paper Valley, the collateral is leased fee subject to a 99-year ground lease that commenced on July 18, 2017, and expires on July 17, 2116. The annual base rental rate for the ground lease as of July 18, 2023 is $1,754,357, with 3.0% annual increases. The improvement on the leased fee is a 388-key full-service hotel flagged with a Hilton franchise.
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(22) |
Prepayment Provisions are shown from the respective Mortgage Loan First Payment Date.
“L(x)” means lock–out for x payments.
“D(x)” means may be defeased for x payments. |
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“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 the greater of a yield maintenance charge and 1% of the amount prepaid.
“DorYM1(x)” means may be prepaid for x payments with either defeasance or a yield maintenance charge or 1% of the amount prepaid.
“O(x)” means freely prepayable for x payments, including the maturity date.
Certain of the Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with a portfolio Mortgage Loan) under various circumstances, as described in this Preliminary Prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus. In addition, certain of the Mortgage Loans permit the borrower to prepay a portion of the Mortgage Loan to avoid or cure a cash sweep period due to a low debt yield or debt service coverage ratio trigger. | |
(23) |
With respect to Loan No. 2, Tysons Corner Center, the lockout period will be at least 25 payment dates beginning with and including the first payment date in January 2024. Defeasance or prepayment (with a yield maintenance premium if prior to the monthly payment date in June 2028) of the Tysons Corner Center whole loan in whole but not in part is permitted after the date that is earlier of (i) two years from the closing date of the securitization that includes the last note of the Tysons Corner Center whole loan to be securitized and (ii) the monthly payment date occurring in December 2026. The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the BMARK 2024-V5 securitization trust in January 2024. The actual lockout period may be longer.
With respect to Loan No. 4, DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan may be voluntarily prepaid in whole beginning at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan to be securitized and (b) November 30, 2026, with the payment of a yield maintenance premium if such prepayment occurs prior to the payment date in June 2028. In addition, defeasance of the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan to be securitized and (b) November 30, 2026. The assumed lockout period of 25 payments is based on the anticipated closing date of the Benchmark 2024-V5 securitization trust in January 2024. The actual lockout period may be longer.
With respect to Loan No. 5, Acquisition America Portfolio, the lockout period will be at least 24 months beginning with and including the first payment date on February 6, 2024. Defeasance of the Acquisition America Portfolio Whole Loan in full is permitted at any time after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last pari passu note to be securitized and (ii) January 4, 2027. The assumed lockout period of 24 payments is based on the expected BMARK 2024-V5 securitization closing date in January 2024. The actual lockout period may be longer.
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With respect to Loan No. 7, 333 South Spruce Street, the borrower may, provided no event of default has occurred and is continuing, prepay the 333 South Spruce Street whole loan in whole but not in part (i) on or after the payment date occurring in July 2028 without the payment of any prepayment premium or (ii) prior to the payment date occurring in July 2028 but excluding the period commencing (a) ninety days prior to an anticipated securitization of the 333 South Spruce Street whole loan and ending (b) ninety days after the 333 South Spruce Street whole loan has been sold to such securitization with the payment of a prepayment fee equal to the greater of 1.00% of the amount prepaid and a yield maintenance premium. The assumed prepayment lockout period |
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of three payments is based on the closing date of the Benchmark 2024-V5 securitization in January 2024. The actual lockout period may be longer.
With respect to Loan No. 8, Garden State Plaza, voluntary prepayment with yield maintenance or defeasance of the Whole Loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last portion of the Garden State Plaza whole loan to be securitized and (b) December 11, 2026. The assumed lockout period of 24 payments is based on the closing date of the Benchmark 2024-V5 securitization trust in January 2024. The actual lockout period may be longer.
With respect to Loan No. 10, Galleria at Tyler, defeasance of the Whole Loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last portion of the Galleria at Tyler whole loan to be securitized and (b) December 13, 2026. The assumed defeasance lockout period of 24 payments is based on the anticipated closing date of the BMARK 2024-V5 securitization trust in January 2024. The actual lockout period may be longer. | |
(24) |
Partial release in connection with a partial prepayment or partial defeasance or substitution or a free release is permitted for the following loans. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus for the terms of the releases.
With respect to Loan No. 1, Highland Multifamily Portfolio, the borrowers may deliver defeasance collateral and obtain the release of one or more individual Highland Multifamily Portfolio properties as described in this Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.”
With respect to Loan No. 2, Tysons Corner, the borrower may obtain release of various parcels without prepayment or defeasance, provided certain conditions have been satisfied, as described in this Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.”
With respect to Loan No. 3, Blue Owl Tenneco Portfolio (Pool B), the release of any of the individual Blue Owl Tenneco Portfolio (Pool B) Properties can occur in connection with the sale of such property, the default of such property, if a casualty or condemnation has occurred, or upon a Tenneco Divisional Transfer, upon the prepayment of the related release amount, provided that certain conditions have been satisfied, as described in this Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.”
With respect to Loan No. 10, Galleria at Tyler, the borrower may obtain the release of various parcels without prepayment or defeasance, and may also acquire parcels and substitute for parcels, provided certain conditions have been satisfied, as described more fully under “Description of the Mortgage Pool— Certain Terms of the Mortgage Loans—Partial Releases.”
With respect to Loan No. 33, Cityline NE Connecticut Storage Portfolio, the borrower may obtain the release of a certain outparcel as described in this Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.” |
(25) |
The following Mortgaged Properties consist, in whole or in part, of the related borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests:
With respect to Loan No. 2, Tysons Corner Center, the fee interest Mortgaged Property is subject to an affiliate ground lease between Tysons Corner Property Holdings LLC (the “Fee Borrower”), as landlord, and Tysons Corner Holdings LLC (the “Leasehold Borrower”), as ground lessee. The Mortgage is a fee and leasehold mortgage which encumbers each of the fee estate owned by Fee Borrower and the leasehold estate owned by Leasehold Borrower. The term of the ground lease commenced on November 26, 1962, and terminates on August 31, 2035. The ground lease does not provide for any further extension options. The annual base rent for the ground lease may never |
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be less than an amount equal to 6% of the product of $1.00 times the total number of square feet in the total area of the Mortgaged Property. The annual ground rent under the ground lease is currently $1,565,412.
With respect to Loan No. 19, The Fountains at La Verne MHC, the Mortgaged Property is ground leased by the borrower, as the ground lessee, under two ground leases (the “1960 Ground Lease” and the “1969 Ground Lease”) with various individuals, family trusts and entities, as ground lessor. The ground leases both expire on June 30, 2049. Under the 1960 Ground Lease, the current rent for the parcel identified as “Arbitrary Parcel 1”, which contains the northerly 400 feet of Parcels A (as described in the 1960 Ground Lease and shown on the survey) and B (as described in the 1960 Ground Lease and shown on the survey), as of November 2023 is $82,581 per annum, which is subject to adjustment on July 1, 2025. On such date, the fixed payment will be calculated based on the “Index” (which means the cost of living as evidenced by the Consumer Price Index for Pacific Cities and U.S. Average for the Los Angeles-Long Beach area as published monthly by the U.S. Department of Labor Statistics) and increases or decreases proportionately. Under the 1960 Ground Lease, the rent for “Arbitrary Parcel 2” (which contains Parcel A (as described in the 1960 Ground Lease and shown on the survey) and B (as described in the 1960 Lease and shown on the survey) except the northerly 400 feet thereof and except the southerly 137 feet, more or less of Parcel A) and “Arbitrary Parcel 3” (which contains Parcel C as described in the 1960 Ground Lease and the southerly 137 feet, more or less, of Parcel A as described in the 1960 Ground Lease) as of November 2023 is $226,990 per annum. The rent payable for “Arbitrary Parcel 2” and “Arbitrary Parcel 3” is equal to the greater of (a) 10% of the gross rental income and (b) a fixed minimum payment determined in accordance with the related lease. The fixed minimum payment will be calculated based on the Index on July 1, 2025 and increases or decreases proportionately. Under the 1969 Ground Lease, the rent for “Parcel D” (as described in the 1969 Ground Lease and shown on the survey) as of November 2023 is $76,704 per annum. The rent payable for “Parcel D” is equal to the greater of (a) 10% of the gross rental income and (b) a fixed minimum payment determined in accordance with the related lease. The fixed minimum payment will be calculated based on the Index on July 1, 2025 and increases or decreases proportionately.
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With respect to Loan No. 29, Philadelphia Marriott Downtown, the Mortgaged Property is substantially owned in fee by the borrowers. However, (i) a skybridge (the "Bridge") connecting the main building of the Philadelphia Marriott Downtown Mortgaged Property and the Pennsylvania Convention Center and (ii) a parcel of land, which allows for an overhang and partial driveway at one of the entrances to the Mortgaged Property (the "Tunnel") are subject to certain sub-ground leases, each with a nominal annual rent due. The sub-ground leases are each between one of the two related borrowers, Philadelphia Market Street HMC Hotel Limited Partnership, as the subtenant, and the Redevelopment Authority of the City of Philadelphia, which in turn leases the same premises from the City of Philadelphia, as the landlord. The Bridge sublease is also subject to a reciprocal easement agreement with the Pennsylvania Convention Center Authority with respect to maintenance of the Bridge. The sub-ground lease agreements extend to 2042 (which is less than 20 years beyond the stated maturity date of the related Mortgage Loan) for the Bridge and 2091 for the Tunnel.
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(26) |
With respect to Loan No. 3, Blue Owl Tenneco Portfolio (Pool B), Tenneco, Inc (“Tenant”) executed a 20-year master lease that expires December 31, 2042. Tenneco occupies all 1,538,760 square feet in the portfolio and has a current annual base rent of $8,759,136 ($5.69 PSF) on an absolute net lease basis, with contractual 3.00% annual rent increases. The tenant will be responsible for all operating expenses, taxes, insurance, and capital items. Tenant is granted five consecutive options to extend the term for a period of five years each.
With respect to Loan No. 7, 333 South Spruce Street, the borrower 333 South Spruce LLC, master leases the entire Mortgaged Property to an affiliate, Gotion Illinois New Energy Inc. The master lease is fully subordinate to the Mortgage Loan and is terminable by the lender upon a foreclosure or deed-in-lieu, or upon a material default under the master lease. The master lessee’s interest in the leases and rents is collaterally assigned to the borrower. For so long as the master lease is in effect, the borrower is entitled to receive only rents from the master lease, and not the underlying rents and other receipts from the 333 South Spruce Street Mortgaged Property. |
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(27) |
With respect to Loan No. 2, Tysons Corner Center, Primark, the Fifth Largest Tenant, which has not yet opened for business, has the right to terminate its lease effective as of the end of the fifth lease year if the tenant’s gross sales during its fourth lease year do not equal or exceed $23,000,000. Such termination right must be exercised by notice given at any time during the 90 day period following the end of the fifth lease year.
With respect to Loan No. 15, University Commons, the Fifth Largest Tenant, HomeGoods, has a termination option in the event of permitting delays. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations.” The Mortgage Loan was structured with an earnout reserve in connection with HomeGoods’ termination option.
Tenants under certain leases included in the Underwritten Net Cash Flow, Underwritten NOI and/or Occupancy may not be in physical occupancy, may not have begun paying rent or may be in negotiation. With respect to the largest 15 Mortgage Loans and certain tenants representing more than 25% of the net rentable area of a Mortgaged Property, see “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations¬—Other” in this Preliminary Prospectus.
The tenants–shown in Annex A–1–have signed leases but may or may not be open for business as of the Cut–off Date |
(28) |
Tenants under certain leases included in the Underwritten Net Cash Flow, Underwritten NOI and/or Occupancy may not be in physical occupancy, may not have begun paying rent or may be in negotiation. With respect to the largest 15 Mortgage Loans and certain tenants representing more than 25% of the net rentable area of a Mortgaged Property, see “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations¬—Other” in this Preliminary Prospectus.
The tenants–shown in Annex A–1–have signed leases but may or may not be open for business as of the Cut–off Date.
With respect to Loan No. 2, Tysons Corner Center, the Fifth Largest Tenant, Primark, has signed its lease but is not yet in occupancy. The lease provides that if the tenant fails to open for business by an opening date calculated in accordance with the lease, and such failure continues for 365 days (subject to delays caused by force majeure for not more than 60 days) then either the tenant or the landlord may terminate the lease upon notice given within 30 days of such 365 day period and prior to the date the tenant has opened for business, in which event the tenant is required to pay, in addition to all rent due through the date of termination, liquidated damages equal to two years’ fixed rent and the portion of its construction allowance paid to the tenant prior to termination. In addition, the tenant has the right to terminate the lease if the delivery date for the leased premises has not occurred by the date that is 180 days following a revised delivery date calculated as set forth in the lease, in which event the landlord will be required to pay specified liquidated damages and other amounts to the tenant. In addition, the tenant may terminate its lease if the floor area of the leased premises is more than 3% less than set forth in the lease, unless the landlord enlarges the premises to reduce the deviation to less than 3% within three months after such measurement.
With respect to Loan No. 9, Beach Place, the Fourth Largest Tenant, Dick’s Last Resort is not yet in occupancy or paying rent. Dick’s Last Resort is expected to open in February 2024, and has a required opening date and rent commencement date of no later than March 23, 2024.
With respect to Loan No. 15, University Commons, the Fifth Largest Tenant, HomeGoods, has 22,684 square feet expiring on May 31, 2034. The lease was executed on December 11, 2023 and the tenant is not yet in occupancy. The tenant is anticipated to open for business in the summer of 2024. The tenant has a termination option related to permitting delays as described in footnote 21. |
(29) |
With respect to Loan No. 4, DoubleTree by Hilton Hotel Orlando at SeaWorld, the borrower deposited approximately $81,403 into a seasonality reserve at origination. On each monthly payment date thereafter, other than the payment dates occurring in August and September of each year, the borrower is required to deposit approximately $81,403 into the seasonality reserve. The |
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seasonality reserve is subject to adjustment such that it funds a "Seasonality Shortfall Amount" equal to, as of any date of calculation, the product of (i) the amount, if any, by which gross income from operations with respect to the immediately preceding 12 month period was deficient for purposes of paying debt service for such period, multiplied by (ii) 1.10.
With respect to Loan No. 14, 311 Pine Street, the borrower will not be required to make monthly deposits into a replacement reserve until such time as the replacement reserve balance is below $11,200. At such point, the borrower will be required to make monthly deposits into a replacement reserve in an amount equal to $200 per unit per annum, capped at $33,600.
With respect to Loan No. 22, Green Tree Villas, the borrower will not be required to make monthly deposits into a replacement reserve until such time as the replacement reserve balance is below $50,000. At such point, the borrower will be required to make monthly deposits into a replacement reserve in an amount equal to $345.18 per unit per annum capped at $222,000.
With respect to Loan No. 23, Warwick New York, on and after the occurrence of a trigger period, the borrower is required to deposit into a seasonal reserve (“Seasonal Reserve”), an amount equal to 90% of the excess cash flow generated by the property for the immediately preceding interest accrual period, for the purpose of creating a reserve for shortfalls during seasonal periods when the gross revenue of the property may be reduced. Notwithstanding the foregoing, any amounts that would be deposited by the borrower into the Seasonal Reserve that would cause the funds then on deposit in such account to exceed $1,100,000 must instead be deposited into the excess cash flow account.
With respect to Loan No. 25, Staybridge Suites Toledo, beginning with the monthly payment occurring in July 2024, the borrower is required to deposit one-twelfth of an amount which would be sufficient to pay the taxes payable, or estimated by lender to be payable, during the next ensuing 12 months. | |
(30) |
With respect to Loan No. 14, 311 Pine Street, at origination, the lender reserved $450,000 in the rent reserve fund. Provided that no event of default under the Mortgage Loan agreement then exists, the lender will be required to, on the payment date in January 2024 and on each payment date thereafter that is prior to the occurrence of the Rent Reserve Fund Release Conditions (as defined below), apply $37,500 of rent reserve funds to the monthly debt service payment amount due on such payment date. Provided that no event of default under the Mortgage Loan agreement then exists, upon satisfaction of the Rent Reserve Fund Release Conditions, the lender will be required to disburse any remaining rent reserve funds to the borrower, and the borrower will thereafter no longer have any obligation to make rent reserve fund replenishment deposits.
“Rent Reserve Fund Release Conditions” means that the lender has received satisfactory evidence that (i) the rent reserve debt service coverage ratio (as calculated by including the amount of the rent reserve funds in the gross income from the operations of the property) is equal to or greater than 1.25x (and the lender acknowledges that a net cash flow equal to or greater than $2,128,318 (based on such calculation), will satisfy such rent reserve debt service coverage ratio threshold) and (ii) the occupancy rate of the Mortgaged Property is equal to or greater than 95%.
On the payment date occurring in December of each calendar year (commencing on the payment date occurring in December 2024), the borrower is required to replenish the rent reserve fund in an amount equal to $450,000. In addition, an amount equal to one year’s debt service is recourse to the borrower in the event the rent reserve fund is not replenished after 12 months.
With respect to Loan No. 16, Oakbrook Station, on each monthly payment date, if the amount in the rollover reserve is less than $205,768.50 on any payment date, the borrowers are required to deposit into the rollover reserve an amount equal to $8,574.00. If the Dollar Tree tenant fails to extend the term of its lease on or prior to the date that is six months prior to the expiration date of its current term, the monthly rollover deposit will be $14,289.00 and the rollover reserve cap of $205,768.50 will not apply until such time as (i) Dollar Tree extends its lease for a term of no less than five years, in satisfaction of the Mortgage Loan document terms, or (ii) the space tenanted by |
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Dollar Tree is relet in accordance with the terms of the Mortgage Loan documents; provided, however, in the event of either (i) or (ii) above, any amounts held in the rollover reserve in excess of the rollover reserve cap of $205,768.50 will be released. | |
With respect to Loan No. 16, Oakbrook Station, on each monthly payment date during the continuance of a major tenant trigger event, the borrowers are required to deposit into the major tenant reserve an amount equal to $40,500; provided, however, upon the cure of all major tenant trigger events then in effect, any amounts held in the major tenant reserve will be released provided no event of default or low DSCR period is continuing.
With respect to Loan No. 16, Oakbrook Station, on each monthly payment date during the continuance of a low DSCR period, the borrowers are required to deposit into the low DSCR reserve an amount equal to $25,000.00.
With respect to Loan No. 18, Horn Southeast Multifamily Portfolio, In the event the amount then on deposit in the replacement reserve account is less than the sum of $177,000, the borrower is required to make monthly deposits into the replacement reserve in an amount equal to approximately $258 per unit per annum, capped at $410,250, subject to a floor of $177,000.
With respect to Loan No. 20, Embassy Suites Schaumburg, on each monthly payment date the borrower is required to deposit into a replacement reserve an amount equal to the greater of (i) one-twelfth of 4% of the projected annual gross income from operations of the Mortgaged Property as set forth in the approved annual budget and (ii) any amount required by franchisor pursuant to the franchise agreement.
With respect to Loan No. 23, Warwick New York, the borrower is required to deposit into an eligible account (the “FF&E Reserve Account”) on each monthly payment date, an amount equal to the greater of (i) the FF&E Payment (as defined herein) and (ii) the amount of deposit if any then required by the franchisor on account under the franchise agreement. The “FF&E Payment” means an amount equal to 1/12 of four percent (4%) of the greater of (a) the annual gross revenues for the hotel related operations at the Warwick New York Mortgaged Property for the immediately preceding calendar year as reasonably determined by the lender and (b) the projected annual gross revenues for the hotel related operations for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget, or where no approved annual budget exists as of the date of determination, the amount of the FF&E Payment will be determined by the lender in its reasonable discretion. The initial monthly FF&E Payment was determined to be approximately $152,424. . | |
With respect to Loan No. 25, Staybridge Suites Toledo, the borrower is required to deposit into an eligible account (the “FF&E Reserve Account”) on each monthly payment date, an amount equal to the greater of (i) the FF&E Payment (as defined herein) and (ii) the amount of deposit if any then required by the franchisor on account under the franchise agreement. The “FF&E Payment” means an amount equal to 1/12 of four percent (4%) of the greater of (a) the annual gross revenues for the hotel related operations at the Staybridge Suites Toledo Mortgaged Property for the immediately preceding calendar year as reasonably determined by the lender and (b) the projected annual gross revenues for the hotel related operations for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget, or where no approved annual budget exists as of the date of determination, the amount of the FF&E Payment will be determined by the lender in its reasonable discretion. The initial monthly FF&E Payment was determined to be approximately $12,555.
With respect to Loan No. 28, Jersey City Multi Portfolio, upon the occurrence of a reduction in the rents at any of the mortgaged properties due to any non-compliance with the Jersey City, New Jersey rent control ordinance, the borrowers are required to deposit, in the form of cash or a letter of credit an amount such that, if applied to the then outstanding principal balance of the loan, would cause the debt yield to equal 10% (the “Debt Yield Deposit Amount”). The Debt Yield Deposit Amount is to be held as additional collateral for the loan. |
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With respect to Loan No. 29, Philadelphia Marriott Downtown, on each monthly payment date during a trigger period, the borrowers are required to deposit into a replacement reserve an amount equal to the greater of (i) 4% of the gross revenue generated in the immediately preceding calendar month and (ii) required replacement reserve pursuant to the management agreement (“FF&E Reserve Monthly Deposit”). Notwithstanding to the foregoing, if the Qualified Hotel Management Condition is satisfied and the manager is collecting the replacement reserve pursuant to the management agreement, the requirement for the borrowers to make deposits to the replacement reserve will be waived. However, if the Qualified Hotel Management Condition is satisfied but the manager is collecting a replacement reserve in an amount less than the reserve pursuant to the management agreement, the borrowers will be required to deposit on each monthly payment date, an amount equal to the difference between (i) the FF&E Reserve Monthly Deposit and (ii) the required replacement reserve pursuant to the management agreement. | |
With respect to Loan No. 29, Philadelphia Marriott Downtown, on each monthly payment date during a trigger period, the borrowers are required to deposit into a condominium reserve an amount sufficient to pay for the projected assessments and other expenses when due under the condominium documents. Notwithstanding to the foregoing, during such period as the Mortgaged Property is managed by the manager under the management agreement in effect as of the origination date and the manager is paying such condominium expenses as operating expenses directly to the related condominium association with evidence reasonably satisfactory to the lender that the condominium expenses have been paid, the requirement for the borrowers to make deposits to the condominium reserve will be waived. | |
(31) | With respect to the Mortgage Loans identified below, the lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor or (iii) to address environmental conditions or concerns. For additional information, see “Risk Factors—Risks Related to the Mortgage Loans—Adverse Environmental Conditions at or Near Mortgaged Properties May Result in Losses” and “Description of the Mortgage Pool—Mortgage Pool Characteristics—Environmental Considerations” in this Preliminary Prospectus. |
Loan No. |
Mortgage Loan |
Mortgage Loan Cut-off Date Balance |
% of Initial Outstanding Pool Balance |
Maximum Policy Amount |
Premium Paid in Full |
Expiration Date | |
6 | Avenue Living Mini Mall Storage Portfolio | $55,500,000 | 6.3% | $8,400,000 | Yes | 12/6/2031 | |
13 | MW Industries Portfolio | $29,616,950 | 3.3% | $16,500,000 | Yes | 8/24/2033 | |
17 | Hilton Appleton Paper Valley | $18,440,000 | 2.1% | $1,000,000 | Yes | 12/8/2030 | |
27 | 575 Degraw | $8,300,000 | 0.9% | $1,000,000 | Yes | 11/1/2031 | |
29 | Philadelphia Marriott Downtown | $6,666,667 | 0.8% | $2,000,000 | Yes | 10/18/2024 |
(32) | With respect to the Mortgage Loans listed in the following table, the direct and indirect equity owners of the borrower are permitted to incur future mezzanine debt, subject to the satisfaction of conditions contained in the related Mortgage Loan documents, including, among other things, a combined maximum loan-to-value ratio, a combined minimum debt service coverage ratio and/or a combined minimum debt yield, as listed in the following table and determined in accordance with the related Mortgage Loan documents: |
Mortgage Loan Name |
Mortgage Loan Balance |
Whole Loan Balance |
Combined Maximum LTV Ratio |
Combined Minimum DSCR |
Maximum Principal Balance |
Combined Minimum Debt Yield |
Intercreditor Agreement Required | |
Horn Southeast Multifamily Portfolio | $18,350,000 | NAP | 65.0% | 1.40X | $4,200,000 | 9.4% | Yes | |
Philadelphia Marriott Downtown | $6,666,667 | $215,000,000 | 54.9% | 1.50x | NAP | 13.2% | Yes |
(33) |
With respect to Loan No. 23, Warwick New York, the Mortgaged Property operates without a franchise agreement in place.
With respect to Loan No. 29, Philadelphia Marriott Downtown, the Mortgaged Property operates without a franchise agreement in place. The Mortgaged Property is managed by Marriott Hotel Services, LLC. |
(34) | With respect to Loan No. 7, 333 South Spruce Street, the sole tenant, Gotion Illinois New Energy Inc. is an affiliate of the borrower and non-recourse carveout guarantor. The guarantor of the sole tenant’s lease, Gotion, Inc., is also the guarantor of the 333 South Spruce Street whole loan. |
A-1-56 |
(35) |
With respect to Loan No. 3, Blue Owl Tenneco Portfolio (Pool B), the borrower executed a sale-leaseback with Tenneco Inc., the sole tenant, whereby the borrower acquired the properties from the tenant and executed a 20-year absolute triple-net (“NNN”) lease with 3% annual escalations.
With respect to Loan No. 6, Avenue Living Mini Mall Storage Portfolio, historical cash flows are not available as the sponsor acquired the 38 mortgaged properties throughout 2021 and 2022.
With respect to Loan No. 7, 333 South Spruce Street, the historical cash flows are not available as the Mortgaged Property was acquired in December 2023.
With respect to Loan No. 11, Forward Storage San Antonio, the historical cash flows are not available as the sponsors purchased the Mortgaged Property in June 2022.
With respect to Loan No. 13, MW Industries Portfolio, historical financial information is not available because the Mortgaged Properties were acquired by the borrower in August 2023 in a sale-leaseback transaction.
With respect to Loan No. 14, 311 Pine Street, historical financial information is not available as the construction of the Mortgaged Property was completed in March 2023.
With respect to Loan No. 21, 100 Valley Hill Road, the Mortgaged Property was acquired by the borrower for $9,844,000 ($108,176 per unit) in April 2022 in a distressed state at 60% occupancy and requiring significant renovations.
With respect to Loan No. 28, Jersey City Multi Portfolio, the historical cash flows are not available as the sponsor acquired the Mortgaged Properties between 2022 and 2023 and subsequently gut renovated the units.
With respect to Loan No. 31, 537 Edgecombe Avenue, the historical cash flows are not available as the sponsor acquired the Mortgaged Property in March 2021 and subsequently renovated the units.
With respect to Loan No. 32, The Dylan, the borrower acquired the Mortgaged Property in June 2021. |
(36) |
With respect to Loan No. 3, Blue Owl Tenneco Portfolio (Pool B), the borrowers entered into a sale leaseback with the sole tenant, Tenneco Inc. in June and July 2023. The loan proceeds recapitalized the borrowers following the sale-leaseback transaction.
With respect to Loan No. 3, Blue Owl Tenneco Portfolio (Pool B), the six related Mortgaged Properties are leased to Tenneco Inc. pursuant to a single master lease (the “Tenneco Lease”). Tenneco may assign or transfer its obligations with respect to individual properties under the Tenneco Lease as described under “Description of the Mortgage Pool—Property Types—Industrial Properties.” Simultaneously with such an assignment or transfer, unless the lender elects in its sole and absolute discretion to have the related Mortgaged Property remain as collateral for the Mortgage Loan, the borrower is required to obtain the release of such Mortgaged Property as described in this Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.”
With respect to Loan No. 7, 333 South Spruce Street, the borrower posted a letter of credit issued by East West Bank in lieu of cash deposit for the security deposit reserve.
With respect to Loan No. 8, Garden State Plaza, occupancy is 94.9% based on the September 13, 2023 rent roll including signed not occupied tenants and excluding the Lord & Taylor box. |
A-1-57 |
With respect to Loan No. 8, Garden State Plaza, there is no non-recourse carveout guarantor.
With respect to Loan No. 8, Garden State Plaza, for purposes of calculating interest and other amounts payable on the Garden State Plaza Whole Loan, each note was divided into multiple components with varying interest rates. The interest rate of the Garden State Plaza Mortgage Loan represents the approximate weighted average interest rate of three components. Prepayments of the Garden State Plaza Mortgage Loan will be applied to the components in sequential order. As a result of the components having different interest rates and the allocation of prepayments to sequentially reduce the components, the per annum weighted average interest rate of the components (and, therefore, the interest rate of the Garden State Plaza Loan) may increase over time.
With respect to Loan No. 9, Beach Place, the Mortgage Loan is secured by the borrower’s fee interest in 95,778 square feet of retail space and the borrower’s interest in an attached parking facility containing 819 parking spaces, all of which are subject to an easement agreement between the Beach Place Mortgaged Property and the non-collateral Marriott Beach Place Condominium, with 580 of the spaces dedicated to the Beach Place Mortgaged Property and the remaining 239 spaces dedicated to the Marriott Beach Place Condominium. | |
With respect to Loan No. 13, MW Industries Portfolio, under the terms of the related Mortgage Loan documents, the first payment date is the due date in March 2024, and the Original Interest-Only Period (Mos.), Remaining Interest-Only Period (Mos.), Original Term to Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) are each 60 months. However, due to the fact that the related Mortgage Loan seller will contribute an initial interest deposit amount to the Issuing Entity on the Closing Date to cover an amount that represents one month's interest that would have accrued with respect to the Mortgage Loan at the related interest rate with respect to a February 2024 payment date, such Mortgage Loan is being treated as having a first payment date on the due date in February 2024, and an Original Interest-Only Period (Mos.), Remaining Interest-Only Period (Mos.), Original Term To Maturity / ARD (Mos). and Remaining Term To Maturity / ARD (Mos.) of 61 months.
With respect to Loan No. 14, 311 Pine Street, the Underwritten NOI DSCR (x) and the Underwritten NCF DSCR (x) were calculated based on an “as-stabilized” basis of an appraisal concluded 4.5% vacancy. The economic vacancy rate as of November 17, 2023 is 14.9%. The lender required the borrower sponsor to reserve $450,000 at closing for the rent reserve associated with the vacant units. The Underwritten NOI DSCR (x) and the Underwritten NCF DSCR (x) calculated based on the actual economic vacancy rate are 1.05x.
In the case of Loan No. 14, 311 Pine Street, the Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) were calculated based on an “as-stabilized” basis of an appraisal concluded 4.5% vacancy. The economic vacancy rate as of November 17, 2023 is 14.9%. The lender required the borrower sponsor to reserve $450,000 at closing for the rent reserve associated with the vacant units. The Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculated based on the actual economic vacancy rate are 7.1%.
With respect to Loan No. 15, University Commons, there is a year-long period where no assumption is allowed after origination. From and after the first anniversary of the origination date, the borrowers are required to pay the lender a nonrefundable assumption fee in an amount equal to 0.50% of the principal indebtedness for the first assumption fee payable under the related loan agreement and 0.75% of the principal indebtedness for each subsequent assumption fee payable thereunder.
With respect to Loan No. 17, Hilton Appleton Paper Valley, the ground rent coverage (leasehold NCF divided by Leased Fee Underwritten Ground Rent Received) for the leasehold position was 0.94x for the TTM period ending October 2023. However, cash flow has been increasing over said period and when applying the annualized trailing six month leasehold NCF and the annualized trailing three month leasehold NCF, the coverage ratio equals 1.74x and 1.80x, respectively. |
A-1-58 |
With respect to Loan No. 18, Horn Southeast Multifamily Portfolio, Building 2144 at the Walnut Creek Apartments Mortgaged Property which was constructed in 1968 is subject to a plat map filed in 2011 by the prior owner. Pursuant to such plat map, a portion of such building encroaches on a right of way created pursuant to such plat map. The borrower may file a correction plat to correct the location of the right of way dedication so long as the conditions set forth in the Mortgage Loan agreement are satisfied. The lender has removed those four specific units at building 2144 from the underwriting.
With respect to Loan No. 19, The Fountains at La Verne MHC, the Mortgaged Property has a 55+ age restriction.
With respect to Loan No. 19, The Fountains at La Verne MHC, the Mortgaged Property has two parcels that are licensed to the borrower by The Metropolitan Water District of Southern California, the licensor. The license expires on December 31, 2029 and has one five-year extension option. The license fee as of November 2023 is $11,998 per annum, with 3% annual increases. The lender underwrote income from the related parcels, which income was less than 5% of the Mortgaged Property net operating income.
With respect to Loan No. 28, Jersey City Multi Portfolio, each of the mortgaged properties, with the exception of the 64 Logan Ave Mortgaged Property, is required to register the related residential unit rents each year with the Jersey City Division of Tenant Landlord Relations. At the time of origination of the Mortgage Loan, the sponsor had submitted the applicable 2023 rent registrations but had not yet received confirmation of receipt from the local authority. In addition, such mortgaged properties are subject to rent control regulations which allow for a maximum one-time annual increase of 4.0% per residential unit or the percentage difference between the CPI index three months prior to the expiration or termination of the lease and three months prior to the commencement of the lease term, whichever is less.
With respect to Loan No. 29, Philadelphia Marriott Downtown, in addition to the Whole Loan there is a $23,000,000 preferred equity investment made by Oaktree Capital Management, LLC, Clearview Hotel Capital, LLC and Host LP in one of the related borrowers, Philadelphia Market Street HMC Hotel Limited Partnership. The preferred equity investment may only be repaid from net cash distributions from the cash flow generated by the Philadelphia Marriott Downtown Mortgaged Property.
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(37) |
The following Mortgage Loans have one or more borrowers that own all or a portion of the related Mortgaged Property as tenants–in–common. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—– Tenancies–in–Common or Diversified Ownership” in this Preliminary Prospectus for further information.
With respect to Loan No. 14, 311 Pine Street, the borrowers own the related Mortgaged Property as tenants–in–common.
With respect to Loan No. 15, University Commons, the Mortgage Loan has one or more borrowers that own all or a portion of the related Mortgaged Property as tenants-in-common.
With respect to Loan No. 16, Oakbrook Station, the Mortgage Loan has one or more borrowers that own all or a portion of the related Mortgaged Property as tenants-in-common. |
A-1-59 |