FWP 1 n1982_x1-anxa1.htm FREE WRITING PROSPECTUS
    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-226123-07
     

 

 

 

 

 

Free Writing Prospectus dated January [30], 2020

 

The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-226123) for the offering to which this free writing prospectus relates.  Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.

 

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus.  This File does not contain all information that is required to be included in the prospectus.  This File should be reviewed only in conjunction with the entire prospectus.  Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision.

 

The information in this File may be amended and/or supplemented prior to the time of sale.  The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

 

Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus.  The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.

 

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached 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 email system.

 

 

 

 

 

 

 

 

ANNEX A-1 

                     
                Number of Property   Property
Loan # Seller Property Name Street Address City State Zip Code County Properties Type Subtype
1 JPMCB/GACC 1633 Broadway 1633 Broadway New York NY 10019 New York 1 Office CBD
2 GACC F5 Tower 801 5th Avenue Seattle WA 98104 King 1 Office CBD
3 JPMCB/CREFI Bellagio Hotel and Casino 3600 South Las Vegas Boulevard Las Vegas NV 89109 Clark 1 Hotel Full Service
4 JPMCB Kings Plaza 5100 Kings Plaza Brooklyn NY 11234 Kings 1 Retail Super Regional Mall
5 JPMCB 1501 Broadway 1501 Broadway New York NY 10036 New York 1 Mixed Use Office/Retail
6 CREFI 805 Third Avenue 805 Third Avenue New York NY 10022 New York 1 Office CBD
7 GACC 55 Hudson Yards 550 West 34th Street New York NY 10001 New York 1 Office CBD
8 GACC Southcenter Mall 2800 Southcenter Mall Tukwila WA 98188 King 1 Retail Super Regional Mall
9 JPMCB 181 West Madison 181 West Madison Street Chicago IL 60602 Cook 1 Office CBD
10 CREFI Parkmerced 3711 19th Avenue San Francisco CA 94132 San Francisco 1 Multifamily High-Rise/Townhome
11 GACC 560 Mission Street 560 Mission Street San Francisco CA 94105 San Francisco 1 Office CBD
12 GACC Starwood Industrial Portfolio Various Various Various Various Various 33 Industrial Various
12.01 GACC 101 45th Street 101 45th Street Munster IN 46321 Lake 1 Industrial Warehouse/Distribution
12.02 GACC 4820-4850 Indianapolis Road 4820-4850 Indianapolis Road Whitestown IN 46075 Boone 1 Industrial Warehouse/Distribution
12.03 GACC 8401 Bearing Drive 8401 Bearing Drive Indianapolis IN 46268 Marion 1 Industrial Warehouse/Distribution
12.04 GACC 5900 North Meadows Drive 5900 North Meadows Drive Grove City OH 43123 Franklin 1 Industrial Warehouse/Distribution
12.05 GACC 5701 North Meadows Drive 5701 North Meadows Drive Grove City OH 43123 Franklin 1 Industrial Warehouse/Distribution
12.06 GACC 8421 Bearing Drive 8421 Bearing Drive Indianapolis IN 46268 Marion 1 Industrial Warehouse/Distribution
12.07 GACC 6451-6471 Northwind Parkway 6451-6471 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.08 GACC 4910-4938 Indianapolis Road 4910-4938 Indianapolis Road Whitestown IN 46075 Boone 1 Industrial Warehouse/Distribution
12.09 GACC 6221-6241 Northwind Parkway 6221-6241 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.10 GACC 775 Commerce Parkway West Drive 775 Commerce Parkway West Drive Greenwood IN 46143 Johnson 1 Industrial Warehouse/Distribution
12.11 GACC 1901 Northwind Parkway 1901 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.12 GACC 333 45th Street 333 45th Street Munster IN 46321 Lake 1 Industrial Warehouse/Distribution
12.13 GACC 221 South Swift Road 221 South Swift Road Addison IL 60101 DuPage 1 Industrial Warehouse/Distribution
12.14 GACC W234N2091 Ridgeview Parkway Court W234N2091 Ridgeview Parkway Court Pewaukee WI 53188 Waukesha 1 Industrial Warehouse/Distribution
12.15 GACC 2240 Creekside Parkway 2240 Creekside Parkway Lockbourne OH 43137 Franklin 1 Industrial Warehouse/Distribution
12.16 GACC 201 South Swift Road 201 South Swift Road Addison IL 60101 DuPage 1 Industrial Warehouse/Distribution
12.17 GACC 8441 Bearing Drive 8441 Bearing Drive Indianapolis IN 46268 Marion 1 Industrial Warehouse/Distribution
12.18 GACC 4700 Ironwood Drive 4700 Ironwood Drive Franklin WI 53132 Milwaukee 1 Industrial Warehouse/Distribution
12.19 GACC 4410 North 132nd Street 4410 North 132nd Street Butler WI 53007 Waukesha 1 Industrial Warehouse/Distribution
12.20 GACC 999 Gerdt Court 999 Gerdt Court Greenwood IN 46143 Johnson 1 Industrial Warehouse/Distribution
12.21 GACC 480 45th Street 480 45th Street Munster IN 46321 Lake 1 Industrial Cold Storage
12.22 GACC 12857 South Hamlin Court 12857 South Hamlin Court Alsip IL 60803 Cook 1 Industrial Warehouse/Distribution
12.23 GACC 1695 Glen Ellyn Road 1695 Glen Ellyn Road Glendale Heights IL 60139 DuPage 1 Industrial Warehouse/Distribution
12.24 GACC 1701-1721 Northwind Parkway 1701-1721 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.25 GACC 1245 Lakeside Drive 1245 Lakeside Drive Romeoville IL 60446 Will 1 Industrial Warehouse/Distribution
12.26 GACC 3890 Perry Boulevard 3890 Perry Boulevard Whitestown IN 46075 Boone 1 Industrial Warehouse/Distribution
12.27 GACC 215 45th Street 215 45th Street Munster IN 46321 Lake 1 Industrial Cold Storage
12.28 GACC 845 Telser Road 845 Telser Road Lake Zurich IL 60047 Lake 1 Industrial Warehouse/Distribution
12.29 GACC 1851 Northwind Parkway 1851 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.30 GACC 1650 Northwind Parkway 1650 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.31 GACC 225 45th Street 225 45th Street Munster IN 46321 Lake 1 Industrial Warehouse/Distribution
12.32 GACC 1600-1640 Northwind Parkway 1600-1640 Northwind Parkway Hobart IN 46342 Lake 1 Industrial Warehouse/Distribution
12.33 GACC 235 45th Street 235 45th Street Munster IN 46321 Lake 1 Industrial Warehouse/Distribution
13 CREFI 650 Madison Avenue 650 Madison Avenue New York NY 10022 New York 1 Mixed Use Office/Retail

 A-1-1

 

 

ANNEX A-1

 

                          Original   Current  
        Year    Unit of      Occupancy Appraised Appraisal Current Original Balance Current   Balance % of Initial
Loan # Seller Property Name Year Built Renovated Units  Measure Occupancy % Date Value ($) Date LTV % Balance ($) per Unit ($) Balance ($) per Unit ($) Pool Balance
1 JPMCB/GACC 1633 Broadway 1972 2013 2,561,512 Square Feet 98.4% 10/31/19 2,400,000,000 10/24/19 41.7% 64,650,000 391 64,650,000 391 9.8%
2 GACC F5 Tower 2019   515,518 Square Feet 100.0% 12/19/19 470,000,000 11/05/19 39.4% 55,500,000 359 55,500,000 359 8.4%
3 JPMCB/CREFI Bellagio Hotel and Casino 1997 2019 3,933 Rooms 94.8% 09/30/19 4,260,000,000 10/16/19 39.3% 55,000,000 426,189 55,000,000 426,189 8.3%
4 JPMCB Kings Plaza 1969 2018 811,797 Square Feet 96.7% 10/31/19 900,000,000 10/17/19 54.1% 55,000,000 600 55,000,000 600 8.3%
5 JPMCB 1501 Broadway 1926 2018 737,471 Square Feet 77.8% 11/01/19 900,000,000 10/11/19 22.2% 55,000,000 271 55,000,000 271 8.3%
6 CREFI 805 Third Avenue 1982   596,100 Square Feet 92.6% 10/24/19 460,000,000 10/01/19 32.6% 55,000,000 252 55,000,000 252 8.3%
7 GACC 55 Hudson Yards 2018   1,431,212 Square Feet 97.3% 11/19/19 2,400,000,000 10/15/19 39.4% 52,450,000 660 52,450,000 660 7.9%
8 GACC Southcenter Mall 1968 2008 783,068 Square Feet 84.1% 11/30/19 980,000,000 11/17/19 22.2% 50,000,000 278 50,000,000 278 7.6%
9 JPMCB 181 West Madison 1990 2016 946,099 Square Feet 87.7% 11/30/19 375,289,826 10/22/19 28.8% 50,000,000 114 50,000,000 114 7.6%
10 CREFI Parkmerced 1944, 1951 2009 3,165 Units 94.2% 09/10/19 2,110,000,000 09/03/19 25.9% 45,000,000 172,828 45,000,000 172,828 6.8%
11 GACC 560 Mission Street 2002   668,149 Square Feet 98.4% 10/31/19 842,000,000 10/31/19 35.6% 45,000,000 449 45,000,000 449 6.8%
12 GACC Starwood Industrial Portfolio Various Various 4,070,396 Square Feet 98.4% Various 319,450,000 Various 45.2% 39,500,000 36 39,500,000 36 6.0%
12.01 GACC 101 45th Street 1992   349,988 Square Feet 81.2% 11/26/19 24,400,000 10/29/19   3,017,061   3,017,061   0.5%
12.02 GACC 4820-4850 Indianapolis Road 2016   323,000 Square Feet 100.0% 11/26/19 18,800,000 10/30/19   2,324,620   2,324,620   0.4%
12.03 GACC 8401 Bearing Drive 2015   266,400 Square Feet 100.0% 11/26/19 18,300,000 10/30/19   2,262,795   2,262,795   0.3%
12.04 GACC 5900 North Meadows Drive 1997   269,831 Square Feet 100.0% 02/06/20 16,200,000 10/30/19   2,003,130   2,003,130   0.3%
12.05 GACC 5701 North Meadows Drive 1997   268,905 Square Feet 100.0% 11/26/19 14,900,000 10/30/19   1,842,385   1,842,385   0.3%
12.06 GACC 8421 Bearing Drive 2015   124,200 Square Feet 100.0% 11/26/19 12,900,000 10/30/19   1,595,085   1,595,085   0.2%
12.07 GACC 6451-6471 Northwind Parkway 2016   159,813 Square Feet 100.0% 11/26/19 12,500,000 10/29/19   1,545,625   1,545,625   0.2%
12.08 GACC 4910-4938 Indianapolis Road 2016   156,000 Square Feet 100.0% 11/26/19 12,200,000 10/30/19   1,508,530   1,508,530   0.2%
12.09 GACC 6221-6241 Northwind Parkway 2009   150,000 Square Feet 100.0% 11/26/19 12,000,000 10/29/19   1,483,800   1,483,800   0.2%
12.10 GACC 775 Commerce Parkway West Drive 2014 2019 155,000 Square Feet 100.0% 02/06/20 11,500,000 10/30/19   1,421,975   1,421,975   0.2%
12.11 GACC 1901 Northwind Parkway 2006   101,437 Square Feet 100.0% 11/26/19 11,100,000 10/29/19   1,372,515   1,372,515   0.2%
12.12 GACC 333 45th Street 1999 2015 140,000 Square Feet 100.0% 02/06/20 10,600,000 10/29/19   1,310,690   1,310,690   0.2%
12.13 GACC 221 South Swift Road 1995   110,000 Square Feet 100.0% 02/06/20 10,200,000 10/30/19   1,261,230   1,261,230   0.2%
12.14 GACC W234N2091 Ridgeview Parkway Court 2001   105,444 Square Feet 100.0% 02/06/20 9,600,000 10/29/19   1,187,040   1,187,040   0.2%
12.15 GACC 2240 Creekside Parkway 2012   125,000 Square Feet 100.0% 02/06/20 9,200,000 10/30/19   1,137,580   1,137,580   0.2%
12.16 GACC 201 South Swift Road 1995   85,000 Square Feet 100.0% 02/06/20 9,100,000 10/30/19   1,125,215   1,125,215   0.2%
12.17 GACC 8441 Bearing Drive 2015   124,200 Square Feet 100.0% 02/06/20 9,000,000 10/30/19   1,112,850   1,112,850   0.2%
12.18 GACC 4700 Ironwood Drive 2000   123,200 Square Feet 100.0% 02/06/20 8,800,000 10/29/19   1,088,120   1,088,120   0.2%
12.19 GACC 4410 North 132nd Street 1998   100,000 Square Feet 100.0% 11/26/19 8,500,000 10/29/19   1,051,025   1,051,025   0.2%
12.20 GACC 999 Gerdt Court 2001   132,315 Square Feet 100.0% 11/26/19 8,300,000 10/30/19   1,026,295   1,026,295   0.2%
12.21 GACC 480 45th Street 2002 2011 107,095 Square Feet 100.0% 02/06/20 8,200,000 10/29/19   1,013,930   1,013,930   0.2%
12.22 GACC 12857 South Hamlin Court 2014   45,000 Square Feet 100.0% 02/06/20 7,800,000 10/30/19   964,470   964,470   0.1%
12.23 GACC 1695 Glen Ellyn Road 2011   40,080 Square Feet 100.0% 02/06/20 7,300,000 10/30/19   902,645   902,645   0.1%
12.24 GACC 1701-1721 Northwind Parkway 2005   94,786 Square Feet 100.0% 11/26/19 7,200,000 10/30/19   890,280   890,280   0.1%
12.25 GACC 1245 Lakeside Drive 1998   59,976 Square Feet 100.0% 02/06/20 6,300,000 10/30/19   778,995   778,995   0.1%
12.26 GACC 3890 Perry Boulevard 2008 2013 70,000 Square Feet 100.0% 02/06/20 6,200,000 10/30/19   766,630   766,630   0.1%
12.27 GACC 215 45th Street 2000   65,000 Square Feet 100.0% 02/06/20 4,550,000 10/29/19   562,608   562,608   0.1%
12.28 GACC 845 Telser Road 2016   20,000 Square Feet 100.0% 02/06/20 4,500,000 10/30/19   556,425   556,425   0.1%
12.29 GACC 1851 Northwind Parkway 2014   18,120 Square Feet 100.0% 02/06/20 4,500,000 10/30/19   556,425   556,425   0.1%
12.30 GACC 1650 Northwind Parkway 2006   50,400 Square Feet 100.0% 02/06/20 4,000,000 10/29/19   494,600   494,600   0.1%
12.31 GACC 225 45th Street 2000   45,000 Square Feet 100.0% 02/06/20 4,000,000 10/29/19   494,600   494,600   0.1%
12.32 GACC 1600-1640 Northwind Parkway 2006   50,206 Square Feet 100.0% 11/26/19 3,900,000 10/29/19   482,235   482,235   0.1%
12.33 GACC 235 45th Street 2000   35,000 Square Feet 100.0% 02/06/20 2,900,000 10/29/19   358,585   358,585   0.1%
13 CREFI 650 Madison Avenue 1957, 1987 2015 600,415 Square Feet 97.4% 10/01/19 1,210,000,000 10/31/19 48.5% 37,900,000 977 37,900,000 977 5.7%

 A-1-2

 

 

ANNEX A-1

 

              Net              
      Crossed Related   Interest   Admin. Mortgage   Monthly Debt Annual Debt   First   Partial IO Partial IO Loan
Loan # Seller Property Name Loan Borrower Rate % Fee % Rate % Accrual Type Service ($) Service ($) Note Date Payment Date Last IO Payment First P&I Payment
1 JPMCB/GACC 1633 Broadway No No 2.99000 0.01300 2.97700 Actual/360 163,323.56 1,959,882.72 11/25/19 01/06/20    
2 GACC F5 Tower No No 3.69868 0.01300 3.68568 Actual/360 173,439.84 2,081,278.08 12/19/19 02/06/20    
3 JPMCB/CREFI Bellagio Hotel and Casino No No 3.170153 0.01300 3.157153 Actual/360 147,316.72 1,767,800.64 11/15/19 01/05/20    
4 JPMCB Kings Plaza No No 3.35880 0.01300 3.34580 Actual/360 156,083.13 1,872,997.56 12/03/19 02/01/20    
5 JPMCB 1501 Broadway No No 3.03200 0.01300 3.01900 Actual/360 140,896.76 1,690,761.12 12/12/19 02/06/20    
6 CREFI 805 Third Avenue No No 4.24000 0.01300 4.22700 Actual/360 197,032.41 2,364,388.92 11/08/19 01/06/20    
7 GACC 55 Hudson Yards No No 2.95000 0.01300 2.93700 Actual/360 130,730.41 1,568,764.92 11/21/19 01/06/20    
8 GACC Southcenter Mall No No 2.88000 0.01425 2.86575 Actual/360 121,666.67 1,460,000.04 12/11/19 02/01/20    
9 JPMCB 181 West Madison No No 3.90000 0.01300 3.88700 Actual/360 164,756.94 1,977,083.28 11/27/19 01/01/20    
10 CREFI Parkmerced No No 2.72457 0.01300 2.71157 30/360 102,171.38 1,226,056.56 11/26/19 01/09/20    
11 GACC 560 Mission Street No No 2.58900 0.01300 2.57600 Actual/360 98,435.94 1,181,231.28 12/05/19 01/06/20    
12 GACC Starwood Industrial Portfolio No No 3.23100 0.01425 3.21675 Actual/360 107,830.89 1,293,970.68 11/26/19 01/06/20    
12.01 GACC 101 45th Street                        
12.02 GACC 4820-4850 Indianapolis Road                        
12.03 GACC 8401 Bearing Drive                        
12.04 GACC 5900 North Meadows Drive                        
12.05 GACC 5701 North Meadows Drive                        
12.06 GACC 8421 Bearing Drive                        
12.07 GACC 6451-6471 Northwind Parkway                        
12.08 GACC 4910-4938 Indianapolis Road                        
12.09 GACC 6221-6241 Northwind Parkway                        
12.10 GACC 775 Commerce Parkway West Drive                        
12.11 GACC 1901 Northwind Parkway                        
12.12 GACC 333 45th Street                        
12.13 GACC 221 South Swift Road                        
12.14 GACC W234N2091 Ridgeview Parkway Court                        
12.15 GACC 2240 Creekside Parkway                        
12.16 GACC 201 South Swift Road                        
12.17 GACC 8441 Bearing Drive                        
12.18 GACC 4700 Ironwood Drive                        
12.19 GACC 4410 North 132nd Street                        
12.20 GACC 999 Gerdt Court                        
12.21 GACC 480 45th Street                        
12.22 GACC 12857 South Hamlin Court                        
12.23 GACC 1695 Glen Ellyn Road                        
12.24 GACC 1701-1721 Northwind Parkway                        
12.25 GACC 1245 Lakeside Drive                        
12.26 GACC 3890 Perry Boulevard                        
12.27 GACC 215 45th Street                        
12.28 GACC 845 Telser Road                        
12.29 GACC 1851 Northwind Parkway                        
12.30 GACC 1650 Northwind Parkway                        
12.31 GACC 225 45th Street                        
12.32 GACC 1600-1640 Northwind Parkway                        
12.33 GACC 235 45th Street                        
13 CREFI 650 Madison Avenue No No 3.48600 0.01300 3.47300 Actual/360 111,628.66 1,339,543.92 11/26/19 01/08/20    

 A-1-3

 

 

ANNEX A-1 

                                 
                                 
      Rem. Rem.     Payment Grace Period Grace Period     Final   Maturity/ARD   Maturity Prepayment
Loan # Seller Property Name Term  Amort I/O Period Seasoning Due Date  (Late Payment)  (Default) Maturity Date ARD Loan Mat Date Balance ($)   LTV % Provision (Payments)
1 JPMCB/GACC 1633 Broadway 118 0 120 2 6 0 0 12/06/29 No 12/06/29 64,650,000   41.7% L(26),Def(87),O(7)
2 GACC F5 Tower 119 0 120 1 6 0 0 01/06/30 Yes 09/06/33 55,500,000   39.4% L(24),Grtr1%orYM(1),DeforGrtr1%orYM(88),O(7)
3 JPMCB/CREFI Bellagio Hotel and Casino 118 0 120 2 5 0 0 12/05/29 No 12/05/29 55,000,000   39.3% Grtr0.5%orYM(26),DeforGrtr0.5%orYM(87),O(7)
4 JPMCB Kings Plaza 119 0 120 1 1 5 0 01/01/30 No 01/01/30 55,000,000   54.1% L(25),Grtr1%orYM(90),O(5)
5 JPMCB 1501 Broadway 119 0 120 1 6 0 0 01/06/30 No 01/06/30 55,000,000   22.2% L(25),Def(90),O(5)
6 CREFI 805 Third Avenue 118 0 120 2 6 0 0 12/06/29 No 12/06/29 55,000,000   32.6% L(26),Def(87),O(7)
7 GACC 55 Hudson Yards 118 0 120 2 6 0 0 12/06/29 No 12/06/29 52,450,000   39.4% L(26),DeforGrtr1%orYM(87),O(7)
8 GACC Southcenter Mall 119 0 120 1 1 5 5 01/01/30 No 01/01/30 50,000,000   22.2% L(25),DeforGrtr1%orYM(91),O(4)
9 JPMCB 181 West Madison 82 0 84 2 1 0 0 12/01/26 No 12/01/26 50,000,000   28.8% L(26),Def(53),O(5)
10 CREFI Parkmerced 58 0 60 2 9 0 0 12/09/24 No 12/09/24 45,000,000   25.9% YM(57),O(3)
11 GACC 560 Mission Street 118 0 120 2 6 5 0 12/06/29 No 12/06/29 45,000,000   35.6% L(26),DeforGrtr1%orYM(87),O(7)
12 GACC Starwood Industrial Portfolio 118 0 120 2 6 0 0 12/06/29 No 12/06/29 39,500,000   45.2% L(26),Def(90),O(4)
12.01 GACC 101 45th Street                     3,017,061      
12.02 GACC 4820-4850 Indianapolis Road                     2,324,620      
12.03 GACC 8401 Bearing Drive                     2,262,795      
12.04 GACC 5900 North Meadows Drive                     2,003,130      
12.05 GACC 5701 North Meadows Drive                     1,842,385      
12.06 GACC 8421 Bearing Drive                     1,595,085      
12.07 GACC 6451-6471 Northwind Parkway                     1,545,625      
12.08 GACC 4910-4938 Indianapolis Road                     1,508,530      
12.09 GACC 6221-6241 Northwind Parkway                     1,483,800      
12.10 GACC 775 Commerce Parkway West Drive                     1,421,975      
12.11 GACC 1901 Northwind Parkway                     1,372,515      
12.12 GACC 333 45th Street                     1,310,690      
12.13 GACC 221 South Swift Road                     1,261,230      
12.14 GACC W234N2091 Ridgeview Parkway Court                     1,187,040      
12.15 GACC 2240 Creekside Parkway                     1,137,580      
12.16 GACC 201 South Swift Road                     1,125,215      
12.17 GACC 8441 Bearing Drive                     1,112,850      
12.18 GACC 4700 Ironwood Drive                     1,088,120      
12.19 GACC 4410 North 132nd Street                     1,051,025      
12.20 GACC 999 Gerdt Court                     1,026,295      
12.21 GACC 480 45th Street                     1,013,930      
12.22 GACC 12857 South Hamlin Court                     964,470      
12.23 GACC 1695 Glen Ellyn Road                     902,645      
12.24 GACC 1701-1721 Northwind Parkway                     890,280      
12.25 GACC 1245 Lakeside Drive                     778,995      
12.26 GACC 3890 Perry Boulevard                     766,630      
12.27 GACC 215 45th Street                     562,608      
12.28 GACC 845 Telser Road                     556,425      
12.29 GACC 1851 Northwind Parkway                     556,425      
12.30 GACC 1650 Northwind Parkway                     494,600      
12.31 GACC 225 45th Street                     494,600      
12.32 GACC 1600-1640 Northwind Parkway                     482,235      
12.33 GACC 235 45th Street                     358,585      
13 CREFI 650 Madison Avenue 118 0 120 2 8 3 0 12/08/29 No 12/08/29 37,900,000   48.5% L(26),Def(87),O(7)

 A-1-4

 

 

ANNEX A-1

 

      HISTORICAL FINANCIALS
                               
      2016 2016 2016 2017 2017 2017 2018 2018 2018 Most Recent Most Recent Most Recent  
Loan # Seller Property Name Revenues ($) Total Expenses ($) NOI ($) Revenues ($) Total Expenses ($) NOI ($) Revenues ($) Total Expenses ($) NOI ($)  Revenues ($)  Total Expenses ($) NOI ($) As of
1 JPMCB/GACC 1633 Broadway 155,689,790 61,868,404 93,821,386 159,464,803 65,274,796 94,190,007 179,219,236 70,120,786 109,098,450 182,760,348 71,951,033 110,809,315 09/30/19
2 GACC F5 Tower                   31,110,161 8,731,929 22,378,232 T1 Annualized 12/31/2019
3 JPMCB/CREFI Bellagio Hotel and Casino 1,364,138,212 883,316,117 480,822,095 1,365,570,769 859,834,535 505,736,234 1,367,835,267 877,969,225 489,866,042 1,349,062,464 874,997,149 474,065,315 09/30/19
4 JPMCB Kings Plaza 71,759,240 29,160,529 42,598,711 64,923,243 25,486,495 39,436,748 69,684,148 27,595,961 42,088,187 76,315,642 28,858,298 47,457,344 09/30/19
5 JPMCB 1501 Broadway 38,584,990 19,391,068 19,193,922 40,459,655 20,217,261 20,242,394 44,459,219 20,188,804 24,270,415 45,988,841 21,992,510 23,996,331 09/30/19
6 CREFI 805 Third Avenue 30,653,344 14,898,290 15,755,054 29,950,919 15,081,158 14,869,761 31,876,971 15,290,213 16,586,758 31,859,168 15,087,482 16,771,686 08/31/19
7 GACC 55 Hudson Yards                          
8 GACC Southcenter Mall 62,363,757 17,594,460 44,769,297 61,877,793 18,294,166 43,583,627 63,260,401 19,078,116 44,182,284 60,001,063 18,292,261 41,708,802 10/31/19
9 JPMCB 181 West Madison       38,996,305 15,793,194 23,203,111 38,476,327 17,173,921 21,302,406 39,800,913 17,954,617 21,846,296 09/30/19
10 CREFI Parkmerced 83,181,077 38,976,882 44,204,195 90,052,338 40,409,981 49,642,357 95,282,237 41,596,712 53,685,525 99,501,311 43,742,948 55,758,363 08/31/19
11 GACC 560 Mission Street 50,385,582 12,540,816 37,844,766 42,356,897 11,585,462 30,771,436 49,571,805 11,702,280 37,869,525 50,792,721 12,479,248 38,313,473 09/30/19
12 GACC Starwood Industrial Portfolio       21,058,823 4,735,117 16,323,706 22,326,752 5,213,552 17,113,200        
12.01 GACC 101 45th Street       1,650,705 472,856 1,177,849 946,261 557,687 388,574        
12.02 GACC 4820-4850 Indianapolis Road       627,749 135,220 492,529 1,183,932 160,064 1,023,868        
12.03 GACC 8401 Bearing Drive       1,286,864 139,410 1,147,454 1,520,727 247,258 1,273,469        
12.04 GACC 5900 North Meadows Drive       892,360 508,885 383,475 1,269,866 554,658 715,207        
12.05 GACC 5701 North Meadows Drive       1,293,772 464,854 828,918 1,348,864 493,248 855,616        
12.06 GACC 8421 Bearing Drive       757,259 86,472 670,787 738,237 126,425 611,812        
12.07 GACC 6451-6471 Northwind Parkway       717,424 128,860 588,565 902,730 144,034 758,696        
12.08 GACC 4910-4938 Indianapolis Road       444,731 135,298 309,433 761,921 97,686 664,235        
12.09 GACC 6221-6241 Northwind Parkway       899,965 237,017 662,948 932,905 277,082 655,822        
12.10 GACC 775 Commerce Parkway West Drive       503,357 68,700 434,657 520,062 70,481 449,581        
12.11 GACC 1901 Northwind Parkway       1,011,074 209,378 801,696 1,080,973 217,303 863,670        
12.12 GACC 333 45th Street       651,000 22,627 628,373 651,000 27,309 623,691        
12.13 GACC 221 South Swift Road       476,300 15,074 461,226 565,675 19,506 546,169        
12.14 GACC W234N2091 Ridgeview Parkway Court       839,587 118,769 720,818 770,953 111,683 659,270        
12.15 GACC 2240 Creekside Parkway       646,718 52,362 594,357 688,887 80,991 607,896        
12.16 GACC 201 South Swift Road       488,184 194,393 293,791 641,561 181,762 459,799        
12.17 GACC 8441 Bearing Drive       376,927 88,330 288,597 581,294 111,666 469,628        
12.18 GACC 4700 Ironwood Drive       743,927 186,720 557,207 722,520 166,173 556,348        
12.19 GACC 4410 North 132nd Street       724,771 213,364 511,406 626,181 230,490 395,692        
12.20 GACC 999 Gerdt Court       679,399 183,851 495,548 666,142 171,473 494,669        
12.21 GACC 480 45th Street       569,471 20,893 548,578 353,643 96,641 257,002        
12.22 GACC 12857 South Hamlin Court       585,217 164,051 421,166 618,715 194,648 424,067        
12.23 GACC 1695 Glen Ellyn Road       595,571 139,684 455,887 600,532 138,413 462,119        
12.24 GACC 1701-1721 Northwind Parkway       644,871 185,735 459,135 662,171 194,092 468,079        
12.25 GACC 1245 Lakeside Drive       417,576 143,974 273,602 407,773 161,805 245,968        
12.26 GACC 3890 Perry Boulevard       386,242 58,482 327,760 396,331 66,688 329,644        
12.27 GACC 215 45th Street       296,833 9,916 286,917 303,333 11,967 291,366        
12.28 GACC 845 Telser Road       313,289 41,272 272,018 342,147 48,087 294,060        
12.29 GACC 1851 Northwind Parkway       340,668 54,854 285,814 333,543 38,768 294,775        
12.30 GACC 1650 Northwind Parkway       255,915 10,671 245,245 264,019 12,264 251,755        
12.31 GACC 225 45th Street       238,125 12,729 225,396 242,625 9,622 233,003        
12.32 GACC 1600-1640 Northwind Parkway       449,668 143,743 305,924 432,396 130,109 302,287        
12.33 GACC 235 45th Street       253,304 86,673 166,631 248,831 63,469 185,362        
13 CREFI 650 Madison Avenue 67,178,535 24,477,341 42,701,194 72,488,704 25,947,358 46,541,346 75,039,495 26,481,999 48,557,496 78,288,218 27,326,681 50,961,537 09/30/19

 A-1-5

 

 

ANNEX A-1

 

                         
      UW                  
      Economic UW UW Total UW UW Capital UW UW UW NCF UW NOI UW NCF
Loan # Seller Property Name Occupancy % Revenues ($) Expenses ($) NOI ($)  Items ($) NCF ($)  NOI DSCR DSCR Debt Yield %  Debt Yield %
1 JPMCB/GACC 1633 Broadway 95.9% 190,585,947 71,435,784 119,150,163 2,472,436 116,677,727 3.93 3.84 11.9% 11.7%
2 GACC F5 Tower 95.2% 32,787,852 8,792,416 23,995,436 876,381 23,119,056 3.46 3.33 13.0% 12.5%
3 JPMCB/CREFI Bellagio Hotel and Casino 94.8% 1,349,062,464 874,997,149 474,065,315 20,235,937 453,829,378 8.80 8.42 28.3% 27.1%
4 JPMCB Kings Plaza 95.0% 81,045,187 29,004,262 52,040,925 1,134,954 50,905,970 3.14 3.07 10.7% 10.5%
5 JPMCB 1501 Broadway 81.6% 50,507,018 22,848,219 27,658,799 870,216 26,788,583 4.50 4.36 13.8% 13.4%
6 CREFI 805 Third Avenue 91.3% 33,275,196 15,020,787 18,254,409 1,319,220 16,935,189 2.83 2.63 12.2% 11.3%
7 GACC 55 Hudson Yards 96.6% 149,111,008 45,210,677 103,900,331 3,864,272 100,036,059 3.68 3.54 11.0% 10.6%
8 GACC Southcenter Mall 90.7% 59,376,497 16,700,013 42,676,484 1,127,618 41,548,866 6.70 6.53 19.6% 19.1%
9 JPMCB 181 West Madison 92.0% 41,394,765 19,384,258 22,010,506 2,081,418 19,929,089 5.16 4.67 20.4% 18.5%
10 CREFI Parkmerced 91.9% 102,983,881 42,514,116 60,469,764 791,250 59,678,514 4.06 4.00 11.1% 10.9%
11 GACC 560 Mission Street 96.0% 54,738,187 12,064,089 42,674,098 1,469,928 41,204,170 5.42 5.23 14.2% 13.7%
12 GACC Starwood Industrial Portfolio 95.0% 26,338,363 7,461,253 18,877,110 1,493,800 17,383,310 3.99 3.67 13.1% 12.0%
12.01 GACC 101 45th Street 95.0% 2,182,784 554,260 1,628,525 113,164 1,515,360        
12.02 GACC 4820-4850 Indianapolis Road 95.0% 1,289,010 255,245 1,033,764 101,033 932,732        
12.03 GACC 8401 Bearing Drive 95.0% 1,370,682 285,114 1,085,568 87,316 998,252        
12.04 GACC 5900 North Meadows Drive 95.0% 1,474,095 617,838 856,257 94,656 761,601        
12.05 GACC 5701 North Meadows Drive 95.0% 1,383,753 584,653 799,101 92,161 706,940        
12.06 GACC 8421 Bearing Drive 95.0% 887,036 186,509 700,527 46,678 653,850        
12.07 GACC 6451-6471 Northwind Parkway 95.0% 959,134 199,654 759,480 58,043 701,437        
12.08 GACC 4910-4938 Indianapolis Road 95.0% 809,898 143,521 666,377 53,625 612,752        
12.09 GACC 6221-6241 Northwind Parkway 95.0% 1,026,222 382,298 643,924 57,658 586,266        
12.10 GACC 775 Commerce Parkway West Drive 95.0% 799,547 101,972 697,575 52,884 644,690        
12.11 GACC 1901 Northwind Parkway 95.0% 1,089,747 321,906 767,840 48,577 719,263        
12.12 GACC 333 45th Street 95.0% 919,741 271,897 647,844 52,668 595,176        
12.13 GACC 221 South Swift Road 95.0% 788,278 259,290 528,987 43,181 485,806        
12.14 GACC W234N2091 Ridgeview Parkway Court 95.0% 700,785 114,411 586,374 39,764 546,610        
12.15 GACC 2240 Creekside Parkway 95.0% 910,231 348,263 561,968 49,637 512,332        
12.16 GACC 201 South Swift Road 95.0% 748,895 294,227 454,668 36,896 417,772        
12.17 GACC 8441 Bearing Drive 95.0% 625,134 161,410 463,724 42,194 421,531        
12.18 GACC 4700 Ironwood Drive 95.0% 721,128 184,917 536,211 43,992 492,219        
12.19 GACC 4410 North 132nd Street 95.0% 787,646 279,074 508,572 40,784 467,788        
12.20 GACC 999 Gerdt Court 95.0% 679,876 232,655 447,221 45,304 401,917        
12.21 GACC 480 45th Street 95.0% 765,833 161,078 604,755 38,056 566,700        
12.22 GACC 12857 South Hamlin Court 95.0% 664,701 193,301 471,400 25,724 445,676        
12.23 GACC 1695 Glen Ellyn Road 95.0% 612,878 144,685 468,193 22,921 445,272        
12.24 GACC 1701-1721 Northwind Parkway 95.0% 685,154 244,477 440,678 36,062 404,616        
12.25 GACC 1245 Lakeside Drive 95.0% 500,222 191,069 309,153 25,322 283,831        
12.26 GACC 3890 Perry Boulevard 95.0% 412,923 91,318 321,605 24,877 296,728        
12.27 GACC 215 45th Street 95.0% 401,686 112,543 289,143 23,808 265,335        
12.28 GACC 845 Telser Road 95.0% 369,948 56,349 313,598 12,463 301,135        
12.29 GACC 1851 Northwind Parkway 95.0% 350,028 44,891 305,137 12,669 292,468        
12.30 GACC 1650 Northwind Parkway 95.0% 338,170 96,420 241,750 19,205 222,544        
12.31 GACC 225 45th Street 95.0% 331,235 106,702 224,533 17,196 207,338        
12.32 GACC 1600-1640 Northwind Parkway 95.0% 501,937 168,716 333,220 21,619 311,602        
12.33 GACC 235 45th Street 95.0% 250,027 70,590 179,438 13,664 165,774        
13 CREFI 650 Madison Avenue 96.3% 87,327,989 28,901,495 58,426,495 1,650,104 56,776,391 2.82 2.74 10.0% 9.7%

 A-1-6

 

 

ANNEX A-1

 

                  UPFRONT ESCROW
                                 
        Ground Lease Ground Lease Franchise     Upfront Capex Upfront Engin. Upfront Envir. Upfront TI/LC Upfront RE Tax Upfront Ins. Upfront Debt Service Upfront Other
Loan # Seller Property Name Title Type  Expiration  Extension Terms Expiration Date PML %   Reserve ($) Reserve ($)  Reserve ($) Reserve ($) Reserve ($) Reserve ($) Reserve ($) Reserve ($)
1 JPMCB/GACC 1633 Broadway Fee           0 0 0 0 0 0 0 36,389,727
2 GACC F5 Tower Fee       9%   0 0 0 0 644,935 0 0 0
3 JPMCB/CREFI Bellagio Hotel and Casino Fee/Leasehold 04/27/2033 Two, 20-year options       0 0 0 0 0 0 0 0
4 JPMCB Kings Plaza Fee/Leasehold 05/28/2028 Three, 10-year options followed by one, nine-year option       0 0 0 0 0 0 0 0
5 JPMCB 1501 Broadway Fee           0 955,000 0 0 0 0 0 0
6 CREFI 805 Third Avenue Fee           0 458,500 0 4,000,000 0 0 0 713,361
7 GACC 55 Hudson Yards Fee           0 0 0 34,260,641 0 0 0 26,956,977
8 GACC Southcenter Mall Fee/Leasehold 06/30/2045 None   10%   0 0 0 0 0 0 0 0
9 JPMCB 181 West Madison Fee           0 0 0 157,683 0 0 0 2,822,678
10 CREFI Parkmerced Fee       18%   0 108,207 0 0 795,083 0 0 0
11 GACC 560 Mission Street Fee       9%   0 0 0 2,152,612 0 0 0 0
12 GACC Starwood Industrial Portfolio Fee           0 0 0 0 0 0 0 880,000
12.01 GACC 101 45th Street Fee                          
12.02 GACC 4820-4850 Indianapolis Road Fee                          
12.03 GACC 8401 Bearing Drive Fee                          
12.04 GACC 5900 North Meadows Drive Fee                          
12.05 GACC 5701 North Meadows Drive Fee                          
12.06 GACC 8421 Bearing Drive Fee                          
12.07 GACC 6451-6471 Northwind Parkway Fee                          
12.08 GACC 4910-4938 Indianapolis Road Fee                          
12.09 GACC 6221-6241 Northwind Parkway Fee                          
12.10 GACC 775 Commerce Parkway West Drive Fee                          
12.11 GACC 1901 Northwind Parkway Fee                          
12.12 GACC 333 45th Street Fee                          
12.13 GACC 221 South Swift Road Fee                          
12.14 GACC W234N2091 Ridgeview Parkway Court Fee                          
12.15 GACC 2240 Creekside Parkway Fee                          
12.16 GACC 201 South Swift Road Fee                          
12.17 GACC 8441 Bearing Drive Fee                          
12.18 GACC 4700 Ironwood Drive Fee                          
12.19 GACC 4410 North 132nd Street Fee                          
12.20 GACC 999 Gerdt Court Fee                          
12.21 GACC 480 45th Street Fee                          
12.22 GACC 12857 South Hamlin Court Fee                          
12.23 GACC 1695 Glen Ellyn Road Fee                          
12.24 GACC 1701-1721 Northwind Parkway Fee                          
12.25 GACC 1245 Lakeside Drive Fee                          
12.26 GACC 3890 Perry Boulevard Fee                          
12.27 GACC 215 45th Street Fee                          
12.28 GACC 845 Telser Road Fee                          
12.29 GACC 1851 Northwind Parkway Fee                          
12.30 GACC 1650 Northwind Parkway Fee                          
12.31 GACC 225 45th Street Fee                          
12.32 GACC 1600-1640 Northwind Parkway Fee                          
12.33 GACC 235 45th Street Fee                          
13 CREFI 650 Madison Avenue Fee           0 0 0 0 0 0 0 9,576,014

 A-1-7

 

 

ANNEX A-1

 

          MONTHLY ESCROW
                       
      Other Upfront   Monthly Capex Monthly Envir. Monthly TI/LC Monthly RE Tax Monthly Ins. Monthly Other Other Monthly
Loan # Seller Property Name Description ($)   Reserve ($) Reserve ($) Reserve ($) Reserve ($) Reserve ($) Reserve ($) Description ($)
1 JPMCB/GACC 1633 Broadway Unfunded Obligations Reserve   Springing 0 Springing Springing Springing 0  
2 GACC F5 Tower     Springing 0 0 214,978 Springing Springing Lease Sweep Reserve
3 JPMCB/CREFI Bellagio Hotel and Casino     Springing 0 0 Springing Springing 0  
4 JPMCB Kings Plaza     Springing 0 Springing Springing Springing Springing Ground Rent Reserve
5 JPMCB 1501 Broadway     0 0 0 Springing Springing 0  
6 CREFI 805 Third Avenue Unfunded Obligation Reserve   9,807 0 Springing 700,333 Springing 0  
7 GACC 55 Hudson Yards Free Rent Escrow Reserve: 11,482,346; Milbank Escrow Reserve: 11,000,000; MarketAxess Escrow Reserve: 4,474,631   Springing 0 Springing Springing Springing 0  
8 GACC Southcenter Mall     Springing 0 Springing Springing Springing Springing Parking Area Rent Reserve
9 JPMCB 181 West Madison Free Rent Reserve: 1,532,852; Outstanding Rollover Reserve: 1,229,826; Outstanding Capex Reserve: 60,000   Springing 0 157,683 Springing Springing 0  
10 CREFI Parkmerced     65,938 0 0 795,083 Springing 0  
11 GACC 560 Mission Street     Springing 0 Springing Springing Springing 0  
12 GACC Starwood Industrial Portfolio Roof Repair Reserve   Springing 0 Springing Springing Springing 0  
12.01 GACC 101 45th Street                  
12.02 GACC 4820-4850 Indianapolis Road                  
12.03 GACC 8401 Bearing Drive                  
12.04 GACC 5900 North Meadows Drive                  
12.05 GACC 5701 North Meadows Drive                  
12.06 GACC 8421 Bearing Drive                  
12.07 GACC 6451-6471 Northwind Parkway                  
12.08 GACC 4910-4938 Indianapolis Road                  
12.09 GACC 6221-6241 Northwind Parkway                  
12.10 GACC 775 Commerce Parkway West Drive                  
12.11 GACC 1901 Northwind Parkway                  
12.12 GACC 333 45th Street                  
12.13 GACC 221 South Swift Road                  
12.14 GACC W234N2091 Ridgeview Parkway Court                  
12.15 GACC 2240 Creekside Parkway                  
12.16 GACC 201 South Swift Road                  
12.17 GACC 8441 Bearing Drive                  
12.18 GACC 4700 Ironwood Drive                  
12.19 GACC 4410 North 132nd Street                  
12.20 GACC 999 Gerdt Court                  
12.21 GACC 480 45th Street                  
12.22 GACC 12857 South Hamlin Court                  
12.23 GACC 1695 Glen Ellyn Road                  
12.24 GACC 1701-1721 Northwind Parkway                  
12.25 GACC 1245 Lakeside Drive                  
12.26 GACC 3890 Perry Boulevard                  
12.27 GACC 215 45th Street                  
12.28 GACC 845 Telser Road                  
12.29 GACC 1851 Northwind Parkway                  
12.30 GACC 1650 Northwind Parkway                  
12.31 GACC 225 45th Street                  
12.32 GACC 1600-1640 Northwind Parkway                  
12.33 GACC 235 45th Street                  
13 CREFI 650 Madison Avenue Free Rent Reserve: 6,378,315; Unfunded Obligations: 3,197,699   Springing 0 Springing Springing Springing 0  

 A-1-8

 

 

ANNEX A-1

 

        RESERVE CAPS     LARGEST TENANT   2nd LARGEST TENANT
                                       
        CapEx Envir. TI/LC RE Tax Insur. Debt Service Other   Single     Lease       Lease
Loan # Seller Property Name    Reserve Cap ($)  Reserve Cap ($)  Reserve Cap ($)  Reserve Cap ($)  Reserve Cap ($)  Reserve Cap ($)  Reserve Cap ($)   Tenant Largest Tenant Unit Size Expiration   2nd Largest Tenant Unit Size Expiration
1 JPMCB/GACC 1633 Broadway   1,024,605   5,123,024           No Allianz Asset Management of America L.P. 320,911 01/31/31   WMG Acquisition Corp 293,888 07/31/29
2 GACC F5 Tower               Various   Yes F5 Networks, Inc. 515,518 09/30/33        
3 JPMCB/CREFI Bellagio Hotel and Casino                   No              
4 JPMCB Kings Plaza   24 times monthly constant   24 times monthly constant           No Lowe’s Home Centers 114,000 05/31/28   Primark 102,805 07/31/38
5 JPMCB 1501 Broadway                   No Hardesty & Hanover 52,364 12/31/30   Tremor Video 50,965 01/31/25
6 CREFI 805 Third Avenue   450,000   4,000,000           No Meredith Corporation 212,594 12/31/26   Toyota Tsusho America, Inc. 41,322 11/30/22
7 GACC 55 Hudson Yards                   No Point72 332,283 04/30/34   Milbank, Tweed, Hadley & McCloy 287,333 03/31/34
8 GACC Southcenter Mall   148,783   978,835           No American Multi-Cinema 70,000 07/31/23   Seafood City 44,413 07/15/25
9 JPMCB 181 West Madison   567,660   7,000,000           No The Northern Trust Company 400,030 12/31/25   Quantitative Risk Management Inc 107,092 03/31/22
10 CREFI Parkmerced                   No              
11 GACC 560 Mission Street   267,260   2,004,447           No JP Morgan 246,384 09/30/25   EY 122,760 12/31/28
12 GACC Starwood Industrial Portfolio   1,221,119   2,849,277           Various              
12.01 GACC 101 45th Street                   No  McJunkin Corp. 140,980 12/31/23   FedEx Ground Package Systems, Inc. 76,993 07/31/22
12.02 GACC 4820-4850 Indianapolis Road                   No  Cummins Inc. 171,000 08/10/21    Hyperikon, Inc. 152,000 01/31/23
12.03 GACC 8401 Bearing Drive                   No  The Harvard Drug Store 196,200 06/30/25    MS International 70,200 05/31/26
12.04 GACC 5900 North Meadows Drive                   Yes  CTDI 269,831 02/28/23        
12.05 GACC 5701 North Meadows Drive                   No  ODW Logistics 190,400 11/30/23    Expresspoint Technology Services 78,505 01/31/24
12.06 GACC 8421 Bearing Drive                   No  Sankyo America 67,850 11/30/25    Business Furniture 56,350 03/31/26
12.07 GACC 6451-6471 Northwind Parkway                   No  Calpipe Industries 105,952 03/31/23    Foremost Groups 53,861 07/31/22
12.08 GACC 4910-4938 Indianapolis Road                   No  Stephen Gould Corp. 130,000 03/31/30    Alliance Healthcare Services 26,000 06/30/24
12.09 GACC 6221-6241 Northwind Parkway                   No  Foremost Groups 87,985 11/30/20    Prologix Distribution (ANC) 62,015 10/31/22
12.10 GACC 775 Commerce Parkway West Drive                   Yes  Poynter Sheet Metal 155,000 12/31/34        
12.11 GACC 1901 Northwind Parkway                   No  Furmanite America 36,782 08/31/21    Americall Group 35,000 02/28/21
12.12 GACC 333 45th Street                   Yes  Staley 140,000 07/31/24        
12.13 GACC 221 South Swift Road                   Yes Mondelez 110,000 08/31/20        
12.14 GACC W234N2091 Ridgeview Parkway Court                   Yes  Anixter International, Inc. 105,444 06/30/30        
12.15 GACC 2240 Creekside Parkway                   Yes  Meadowbrook Meat Company 125,000 03/31/24        
12.16 GACC 201 South Swift Road                   Yes Men’s Warehouse 85,000 05/31/23        
12.17 GACC 8441 Bearing Drive                   Yes  Old Castle 124,200 05/31/32        
12.18 GACC 4700 Ironwood Drive                   Yes  API Heat Transfer 123,200 07/31/26        
12.19 GACC 4410 North 132nd Street                   No Keystone Automotive Industries 48,282 11/30/25   Snyder’s of Lance 32,188 12/31/23
12.20 GACC 999 Gerdt Court                   No  Poly-Tainer 66,282 03/31/24    NSK Corporation 66,033 08/31/21
12.21 GACC 480 45th Street                   Yes  Three Floyds Brewing, LLC. 107,095 06/30/33        
12.22 GACC 12857 South Hamlin Court                   Yes Bimbo Bakeries 45,000 11/30/29        
12.23 GACC 1695 Glen Ellyn Road                   Yes Bimbo Bakeries 40,080 02/28/27        
12.24 GACC 1701-1721 Northwind Parkway                   No  Vision Integrated Graphics 62,800 06/30/20   Stevens Engineers & Constructors, Inc. 31,986 09/30/20
12.25 GACC 1245 Lakeside Drive                   Yes Crown Corr 59,976 08/31/24        
12.26 GACC 3890 Perry Boulevard                   Yes  MWI Veterinary Supply Co. 70,000 09/30/22        
12.27 GACC 215 45th Street                   Yes  Carl Budding and Company 65,000 04/30/21        
12.28 GACC 845 Telser Road                   Yes Bimbo Bakeries 20,000 05/31/31        
12.29 GACC 1851 Northwind Parkway                   Yes Sunbelt Rentals 18,120 05/31/30        
12.30 GACC 1650 Northwind Parkway                   Yes  John Tillman & Co. 50,400 10/31/22        
12.31 GACC 225 45th Street                   Yes  Rockwell Automation 45,000 07/31/20        
12.32 GACC 1600-1640 Northwind Parkway                   No  Steiner Electric 18,960 08/31/22    Rogers Supply Company 18,271 04/30/23
12.33 GACC 235 45th Street                   Yes  Holland Special Delivery 35,000 09/30/24        
13 CREFI 650 Madison Avenue                   No Ralph Lauren Corporation 277,016 12/31/24   Memorial Sloan Kettering Cancer Center 100,700 07/31/23

 A-1-9

 

 

ANNEX A-1

 

        3rd LARGEST TENANT   4th LARGEST TENANT   5th LARGEST TENANT        
                                     
            Lease       Lease       Lease   Loan   Lockbox
Loan # Seller Property Name   3rd Largest Tenant Unit Size Expiration   4th Largest Tenant Unit Size Expiration   5th Largest Tenant Unit Size Expiration   Purpose Principal / Carveout Guarantor  (Y/N)
1 JPMCB/GACC 1633 Broadway   Showtime Networks Inc 261,196 01/31/26   Morgan Stanley & Co 260,829 03/31/32   Kasowitz Benson Torres 203,394 03/31/37   Refinance Paramount Group Operating Partnership LP Yes
2 GACC F5 Tower                           Acquisition FS KKR Capital Corp., FS KKR Capital Corp. II Yes
3 JPMCB/CREFI Bellagio Hotel and Casino                           Acquisition BREIT Operating Partnership L.P. Yes
4 JPMCB Kings Plaza   JCPenney 94,895 07/31/38   Burlington 55,078 07/31/28   Best Buy 53,371 01/31/32   Refinance The Macerich Partnership, L.P. Yes
5 JPMCB 1501 Broadway   Hard Rock Café 47,256 01/10/36   REGUS 39,854 11/30/24   Goldberg Weprin Finkel Goldstein LLP 25,573 11/30/23   Refinance NAP Yes
6 CREFI 805 Third Avenue   Poten & Partners Inc. 29,696 06/30/20   Asset International, Inc. 23,800 12/31/20   YES Network, LLC 23,800 05/31/22   Refinance Charles Steven Cohen Yes
7 GACC 55 Hudson Yards   Cooley 146,227 09/30/39   Boies, Schiller & Flexner 110,732 06/30/35   Third Point 89,043 07/31/29   Recapitalization Mitsui Fudosan America, Inc., The Related Companies, L.P., OP Olympic Capital Corp (US), Inc. Yes
8 GACC Southcenter Mall   Round One 40,576 07/31/25   The Container Store 25,452 02/28/27   H&M 24,506 01/31/29   Refinance URW WEA LLC Yes
9 JPMCB 181 West Madison   The Marmon Group 45,123 12/31/22   CIBC 42,414 12/31/29   Factset Research Systems Inc. 38,012 09/30/27   Refinance HNA Group North America LLC Yes
10 CREFI Parkmerced                           Refinance Robert A. Rosania Yes
11 GACC 560 Mission Street   TIAA-CREF 64,696 09/30/27   ARUP 49,832 09/30/26   Seyfarth Shaw 49,695 09/30/27   Recapitalization National Office Partners LLC Yes
12 GACC Starwood Industrial Portfolio                           Acquisition Starwood REIT Operating Partnership, L.P. Yes
12.01 GACC 101 45th Street   List Industries 66,098 05/31/24                        
12.02 GACC 4820-4850 Indianapolis Road                                
12.03 GACC 8401 Bearing Drive                                
12.04 GACC 5900 North Meadows Drive                                
12.05 GACC 5701 North Meadows Drive                                
12.06 GACC 8421 Bearing Drive                                
12.07 GACC 6451-6471 Northwind Parkway                                
12.08 GACC 4910-4938 Indianapolis Road                                
12.09 GACC 6221-6241 Northwind Parkway                                
12.10 GACC 775 Commerce Parkway West Drive                                
12.11 GACC 1901 Northwind Parkway    Munch’s Supply 29,655 10/31/21                        
12.12 GACC 333 45th Street                                
12.13 GACC 221 South Swift Road                                
12.14 GACC W234N2091 Ridgeview Parkway Court                                
12.15 GACC 2240 Creekside Parkway                                
12.16 GACC 201 South Swift Road                                
12.17 GACC 8441 Bearing Drive                                
12.18 GACC 4700 Ironwood Drive                                
12.19 GACC 4410 North 132nd Street    Milwuakee Electric Tool Corp. 19,530 12/31/25                        
12.20 GACC 999 Gerdt Court                                
12.21 GACC 480 45th Street                                
12.22 GACC 12857 South Hamlin Court                                
12.23 GACC 1695 Glen Ellyn Road                                
12.24 GACC 1701-1721 Northwind Parkway                                
12.25 GACC 1245 Lakeside Drive                                
12.26 GACC 3890 Perry Boulevard                                
12.27 GACC 215 45th Street                                
12.28 GACC 845 Telser Road                                
12.29 GACC 1851 Northwind Parkway                                
12.30 GACC 1650 Northwind Parkway                                
12.31 GACC 225 45th Street                                
12.32 GACC 1600-1640 Northwind Parkway    Johnson Controls 12,975 01/31/22                        
12.33 GACC 235 45th Street                                
13 CREFI 650 Madison Avenue   Sotheby’s Int’l Realty Inc 37,772 11/30/35   Willett Advisors LLC 25,732 12/31/24   BC Partners Inc. 19,380 01/31/27   Refinance Vornado Realty L.P., OPG Investment Holdings (US), LLC Yes

 A-1-10

 

 

ANNEX A-1

 

          Pari Passu Debt   Additional Debt   Total Debt  
            Pari Passu Pari Passu Pari Passu Total Cut-off         Additional       Total Debt   Total Debt  
      Lockbox Cash Pari Passu Note Control Piece  In Trust Piece Non Trust Date Pari   Addit Debt Addit Debt Additional Debt Cut off Additional Debt   Total Debt  UW NCF Total Debt  UW NOI  
Loan # Seller Property Name  Type Management (Y/N)  (Y/N) Cut-Off Balance Cut-Off Balance Passu Debt   Permitted (Y/N)  Exist (Y/N) Debt Type(s) Date Balance Interest Rate    Cut-off Balance  DSCR Current LTV %  Debt Yield %  
1 JPMCB/GACC 1633 Broadway Hard Springing Yes No 64,650,000 936,350,000 1,001,000,000   Yes Yes Subordinate Debt/Permitted Equityholder Debt or Debt-Like Preferred Equity 249,000,000 2.99000   1,250,000,000 3.08 52.1% 9.5%  
2 GACC F5 Tower Hard Springing Yes No 55,500,000 129,500,000 185,000,000   No Yes Subordinate Debt (112,600,000)/Mezzanine Loan (48,500,000) 161,100,000 4.43666   346,100,000 1.63 73.6% 6.9%  
3 JPMCB/CREFI Bellagio Hotel and Casino Hard Springing Yes No 55,000,000 1,621,200,000 1,676,200,000   Yes Yes B-Notes(650,500,000)/C-Notes(683,300,000) 1,333,800,000 4.28688   3,010,000,000 4.06 70.7% 15.7%  
4 JPMCB Kings Plaza Hard Springing Yes No 55,000,000 432,000,000 487,000,000   No Yes Mezzanine Loan 53,000,000 6.00000   540,000,000 1.73 60.0% 9.6%  
5 JPMCB 1501 Broadway Springing Springing Yes No 55,000,000 145,000,000 200,000,000   Yes No Permitted Mezzanine NAP NAP   200,000,000 4.36 22.2% 13.8%  
6 CREFI 805 Third Avenue Hard Springing Yes No 55,000,000 95,000,000 150,000,000   No Yes Subordinate Debt 125,000,000 3.80000   275,000,000 1.50 59.8% 6.6%  
7 GACC 55 Hudson Yards Hard Springing Yes No 52,450,000 892,550,000 945,000,000   No Yes Subordinate Debt 300,000,000 2.95000   1,245,000,000 2.69 51.9% 8.3%  
8 GACC Southcenter Mall Hard Springing Yes No 50,000,000 168,000,000 218,000,000   No No NAP NAP NAP   218,000,000 6.53 22.2% 19.6%  
9 JPMCB 181 West Madison Hard Springing Yes No 50,000,000 57,900,000 107,900,000   No Yes Subordinate Debt 132,100,000 3.90000   240,000,000 2.10 64.0% 9.2%  
10 CREFI Parkmerced Soft Springing Yes No 45,000,000 502,000,000 547,000,000   No Yes B-Notes (708,000,000)/C-Notes (245,000,000)/Mezzanine Loan (275,000,000) 1,228,000,000 4.99565   1,775,000,000 0.78 84.1% 3.4%  
11 GACC 560 Mission Street Hard Springing Yes No 45,000,000 255,000,000 300,000,000   Yes No Permitted Mezzanine NAP NAP   300,000,000 5.23 35.6% 14.2%  
12 GACC Starwood Industrial Portfolio Hard Springing Yes No 39,500,000 105,000,000 144,500,000   No Yes Subordinate Debt 65,527,072 3.23100   210,027,072 2.53 65.7% 9.0%  
12.01 GACC 101 45th Street                               2.53 65.7% 9.0%  
12.02 GACC 4820-4850 Indianapolis Road                               2.53 65.7% 9.0%  
12.03 GACC 8401 Bearing Drive                               2.53 65.7% 9.0%  
12.04 GACC 5900 North Meadows Drive                               2.53 65.7% 9.0%  
12.05 GACC 5701 North Meadows Drive                               2.53 65.7% 9.0%  
12.06 GACC 8421 Bearing Drive                               2.53 65.7% 9.0%  
12.07 GACC 6451-6471 Northwind Parkway                               2.53 65.7% 9.0%  
12.08 GACC 4910-4938 Indianapolis Road                               2.53 65.7% 9.0%  
12.09 GACC 6221-6241 Northwind Parkway                               2.53 65.7% 9.0%  
12.10 GACC 775 Commerce Parkway West Drive                               2.53 65.7% 9.0%  
12.11 GACC 1901 Northwind Parkway                               2.53 65.7% 9.0%  
12.12 GACC 333 45th Street                               2.53 65.7% 9.0%  
12.13 GACC 221 South Swift Road                               2.53 65.7% 9.0%  
12.14 GACC W234N2091 Ridgeview Parkway Court                               2.53 65.7% 9.0%  
12.15 GACC 2240 Creekside Parkway                               2.53 65.7% 9.0%  
12.16 GACC 201 South Swift Road                               2.53 65.7% 9.0%  
12.17 GACC 8441 Bearing Drive                               2.53 65.7% 9.0%  
12.18 GACC 4700 Ironwood Drive                               2.53 65.7% 9.0%  
12.19 GACC 4410 North 132nd Street                               2.53 65.7% 9.0%  
12.20 GACC 999 Gerdt Court                               2.53 65.7% 9.0%  
12.21 GACC 480 45th Street                               2.53 65.7% 9.0%  
12.22 GACC 12857 South Hamlin Court                               2.53 65.7% 9.0%  
12.23 GACC 1695 Glen Ellyn Road                               2.53 65.7% 9.0%  
12.24 GACC 1701-1721 Northwind Parkway                               2.53 65.7% 9.0%  
12.25 GACC 1245 Lakeside Drive                               2.53 65.7% 9.0%  
12.26 GACC 3890 Perry Boulevard                               2.53 65.7% 9.0%  
12.27 GACC 215 45th Street                               2.53 65.7% 9.0%  
12.28 GACC 845 Telser Road                               2.53 65.7% 9.0%  
12.29 GACC 1851 Northwind Parkway                               2.53 65.7% 9.0%  
12.30 GACC 1650 Northwind Parkway                               2.53 65.7% 9.0%  
12.31 GACC 225 45th Street                               2.53 65.7% 9.0%  
12.32 GACC 1600-1640 Northwind Parkway                               2.53 65.7% 9.0%  
12.33 GACC 235 45th Street                               2.53 65.7% 9.0%  
13 CREFI 650 Madison Avenue Hard Springing Yes No 37,900,000 548,900,000 586,800,000   No Yes Subordinate Debt 213,200,000 3.48600   800,000,000 2.01 66.1% 7.3%  

 A-1-11

 

 

ANNEX A-1

 

      HOTEL OPERATING STATISTICS  
                                     
      2016 2016 2016 2017 2017 2017 2018 2017 2018 Most Recent Most Recent Most Recent UW UW UW  
Loan # Seller Property Name  Occupancy %  ADR ($)  RevPAR ($)  Occupancy %  ADR ($)  RevPAR ($)  Occupancy %  ADR ($)  RevPAR ($)  Occupancy %  ADR ($)  RevPAR ($) Occupancy %  ADR ($)  RevPAR ($) Loan #
1 JPMCB/GACC 1633 Broadway                               1
2 GACC F5 Tower                               2
3 JPMCB/CREFI Bellagio Hotel and Casino 93.5% 270.29 252.78 92.9% 276.24 256.53 94.9% 278.28 264.19 94.8% 281.69 267.18 94.8% 281.69 267.18 3
4 JPMCB Kings Plaza                               4
5 JPMCB 1501 Broadway                               5
6 CREFI 805 Third Avenue                               6
7 GACC 55 Hudson Yards                               7
8 GACC Southcenter Mall                               8
9 JPMCB 181 West Madison                               9
10 CREFI Parkmerced                               10
11 GACC 560 Mission Street                               11
12 GACC Starwood Industrial Portfolio                               12
12.01 GACC 101 45th Street                               12.01
12.02 GACC 4820-4850 Indianapolis Road                               12.02
12.03 GACC 8401 Bearing Drive                               12.03
12.04 GACC 5900 North Meadows Drive                               12.04
12.05 GACC 5701 North Meadows Drive                               12.05
12.06 GACC 8421 Bearing Drive                               12.06
12.07 GACC 6451-6471 Northwind Parkway                               12.07
12.08 GACC 4910-4938 Indianapolis Road                               12.08
12.09 GACC 6221-6241 Northwind Parkway                               12.09
12.10 GACC 775 Commerce Parkway West Drive                               12.10
12.11 GACC 1901 Northwind Parkway                               12.11
12.12 GACC 333 45th Street                               12.12
12.13 GACC 221 South Swift Road                               12.13
12.14 GACC W234N2091 Ridgeview Parkway Court                               12.14
12.15 GACC 2240 Creekside Parkway                               12.15
12.16 GACC 201 South Swift Road                               12.16
12.17 GACC 8441 Bearing Drive                               12.17
12.18 GACC 4700 Ironwood Drive                               12.18
12.19 GACC 4410 North 132nd Street                               12.19
12.20 GACC 999 Gerdt Court                               12.20
12.21 GACC 480 45th Street                               12.21
12.22 GACC 12857 South Hamlin Court                               12.22
12.23 GACC 1695 Glen Ellyn Road                               12.23
12.24 GACC 1701-1721 Northwind Parkway                               12.24
12.25 GACC 1245 Lakeside Drive                               12.25
12.26 GACC 3890 Perry Boulevard                               12.26
12.27 GACC 215 45th Street                               12.27
12.28 GACC 845 Telser Road                               12.28
12.29 GACC 1851 Northwind Parkway                               12.29
12.30 GACC 1650 Northwind Parkway                               12.30
12.31 GACC 225 45th Street                               12.31
12.32 GACC 1600-1640 Northwind Parkway                               12.32
12.33 GACC 235 45th Street                               12.33
13 CREFI 650 Madison Avenue                               13

 

 A-1-12