FWP 1 n3970-x2_anxa1.htm FREE WRITING PROSPECTUS
    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

 

 A-1-43 

 

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

 

 A-1-44 

 

 

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

 

 

 A-1-45 

 

 

 

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
● Loan No. 4 – DoubleTree by Hilton Hotel Orlando at SeaWorld
● Loan No. 5 - Acquisition America Portfolio
● Loan No. 7 – 333 South Spruce Street
● Loan No. 8 – Garden State Plaza
● Loan No. 10 – Galleria at Tyler
● Loan No. 23 – Warwick New York
● Loan No. 29 - Philadelphia Marriott Downtown

   
(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
● Loan No. 3 – Blue Owl Tenneco Portfolio (Pool B)
● Loan No. 5 – Acquisition America Portfolio
● Loan No. 6 – Avenue Living Mini Mall Storage Portfolio
● Loan No. 12 – Millennia Michigan Multi Portfolio
● Loan No. 13 - MW Industries Portfolio
● Loan No. 18 – Horn Southeast Multifamily Portfolio
● Loan No. 28 – Jersey City Multi Portfolio
● Loan No. 33 – Cityline NE Connecticut Storage 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 ($) and one 1,800 sq. ft. retail space accounting for 33.6% of Underwritten EGI ($).

 

 

 A-1-46 

 

 

  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.
“Soft Springing Hard” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account, but upon a trigger event (as specified in the related Mortgage Loan Documents), each tenant will 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

 

 A-1-47 

 

 

  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.

 

(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.

 

 A-1-49 

 

 

 

“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.

 

 

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

 

 A-1-50 

 

 

 

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.

 

 

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.

 

(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.

 

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(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. 17, Hilton Appleton Paper Valley, the historical cash flows are not available as the Mortgaged Property is on a leased fee basis.

 

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.

 

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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.

 

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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.

 

(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.

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