-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CVvAkbztbuZb56Ui4wR52zS4Sy3qJpdlFxoi3fG3gnWtwi1yRq2fRk4aQ98mtEaV 01yEiFtG6JCzD91LPtdGow== 0000950136-05-006363.txt : 20051011 0000950136-05-006363.hdr.sgml : 20051010 20051011124627 ACCESSION NUMBER: 0000950136-05-006363 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20051007 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051011 DATE AS OF CHANGE: 20051011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC CENTRAL INDEX KEY: 0001258361 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 861073506 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-108125 FILM NUMBER: 051131777 BUSINESS ADDRESS: STREET 1: 388 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 8-K 1 file001.htm CURRENT REPORT 


================================================================================

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934


        Date of report (Date of earliest event reported) October 7, 2005


                  Citigroup Commercial Mortgage Securities Inc.

             (Exact Name of Registrant as Specified in Its Charter)



Delaware                             333-127304                13-3439681
- --------------------------------------------------------------------------------

(State or Other Jurisdiction        (Commission              (IRS Employer
of Incorporation)                   File Number)             Identification No.)


388 Greenwich Street, New York, New York                                10013
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                              (Zip Code)


Registrant's telephone number, including area code (212) 816-6000
                                                   --------------

                                       N/A
- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))



Section 8 -- Other Events
- -------------------------

Item 8.01.  Other Events.
- -------------------------

It is expected that during November 2005, a single series of certificates,
expected to be entitled, CD 2005-C1 Commercial Mortgage Trust, Commercial
Mortgage Pass-Through Certificates, Series 2005-C1 (the "Certificates"), will be
issued pursuant to a pooling and servicing agreement (the "Pooling and Servicing
Agreement"), to be entered into by and among Citigroup Commercial Mortgage
Securities Inc. (the "Registrant"), a master servicer, a special servicer, a
trustee and a fiscal agent. It is expected that certain classes of the
Certificates (the "Underwritten Certificates") will be registered under the
Registrant's registration statement on Form S-3 (no. 333-127304) and sold to one
or more underwriters (each, an "Underwriter") including Citigroup Global Markets
Inc. ("CGMI"), pursuant to an underwriting agreement (the "Underwriting
Agreement") to be entered into by and between the Registrant and the
Underwriter(s).

         In connection with the expected sale of the Underwritten Certificates,
CGMI has advised the Registrant that it has furnished to prospective investors
certain information attached hereto as Exhibits 99.1 and 99.2 that may be
considered "Computational Materials" (as defined in the no-action letter dated
May 20, 1994 issued by the Division of Corporation Finance of the Securities and
Exchange Commission (the "Commission") to Kidder, Peabody Acceptance Corporation
I, Kidder, Peabody & Co. Incorporated, and Kidder Structured Asset Corporation
and the no-action letter dated May 27, 1994 issued by the Division of
Corporation Finance of the Commission to the Public Securities Association) and
"ABS Term Sheets" (as defined in the no-action letter dated February 17, 1995
issued by the Division of Corporation Finance of the Commission to the Public
Securities Association).

         The Computational Materials and/or ABS Term Sheets attached hereto have
been prepared and provided to the Registrant by CGMI. The information in such
Computational Materials and/or ABS Term Sheets is preliminary and will be
superseded by the final prospectus supplement relating to the Underwritten
Certificates and by any other information subsequently filed with the
Commission. To the extent any Computational Materials and/or ABS Term Sheets
previously filed by the Registrant with respect to the Underwritten Certificates
are inconsistent with the Computational Materials and/or ABS Term Sheets
attached hereto, such previously filed Computational Materials and/or ABS Term
Sheets are superseded by the Computational Materials and/or ABS Term Sheets
attached hereto.



Section 9 -- Financial Statements and Exhibits.
- -----------------------------------------------

Item 9.01.  Financial Statements and Exhibits.
- ----------------------------------------------

(a) Financial statements of businesses acquired:
    --------------------------------------------

         Not applicable.

(b) Pro forma financial information:
    --------------------------------

         Not applicable.

(c) Exhibits:
    ---------



Exhibit No.  Description

99.1         ABS Term Sheets prepared by Citigroup Global Markets Inc.

99.2         ABS Term Sheets prepared by Citigroup Global Markets Inc.





                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Date: October 10, 2005


                                                   CITIGROUP COMMERCIAL MORTGAGE
                                                      SECURITIES INC.


                                                        By: /s/ Angela Vleck
                                                        ------------------------
                                                        Name: Angela Vleck
                                                        Title: Managing Director






                                  EXHIBIT INDEX

         The following exhibits are filed herewith:




Exhibit No.
- -----------

99.1     ABS Term Sheets prepared by Citigroup Global Markets Inc.

99.2     ABS Term Sheets prepared by Citigroup Global Markets Inc.
EX-99.1 2 file002.htm ABS TERM SHEETS 





ALL INFORMATION IN THIS TERM SHEET, WHETHER REGARDING THE ASSETS BACKING ANY
SECURITIES DISCUSSED HEREIN OR OTHERWISE, SUPERSEDES ANY PRIOR INFORMATION
PROVIDED TO YOU AND WILL BE SUPERSEDED BY THE INFORMATION CONTAINED IN ANY FINAL
PROSPECTUS FOR ANY SECURITIES ACTUALLY SOLD TO YOU. THIS TERM SHEET IS FURNISHED
TO PROSPECTIVE INVESTORS FOR THE PURPOSES OF EVALUATING ANY SECURITIES DESCRIBED
HEREIN OR THAT MAY BE OFFERED TO YOU. THE INFORMATION CONTAINED HEREIN MAY NOT
BE REPRODUCED OR USED IN WHOLE OR IN PART FOR ANY OTHER PURPOSE. INFORMATION
CONTAINED IN THIS MATERIAL IS CURRENT AS OF THE DATE APPEARING ON THIS MATERIAL
ONLY.

THIS MATERIAL IS FOR YOUR INFORMATION AND WE ARE NOT 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. THIS MATERIAL IS BASED ON INFORMATION
THAT WE CONSIDER RELIABLE. THE INFORMATION CONTAINED IN THIS MATERIAL MAY BE
BASED ON ASSUMPTIONS REGARDING MARKET CONDITIONS AND OTHER MATTERS AS REFLECTED
THEREIN. CITIGROUP GLOBAL MARKETS INC. ("CGMI") DO NOT MAKE ANY REPRESENTATIONS
REGARDING THE REASONABLENESS OF SUCH ASSUMPTIONS OR THE LIKELIHOOD THAT ANY OF
SUCH ASSUMPTIONS WILL COINCIDE WITH ACTUAL MARKET CONDITIONS OR EVENTS, AND THIS
MATERIAL SHOULD NOT BE RELIED UPON FOR SUCH PURPOSES. CGMI AND THEIR RESPECTIVE
AFFILIATES, OFFICERS, DIRECTORS, PARTNERS AND EMPLOYEES, INCLUDING PERSONS
INVOLVED IN THE PREPARATION OR ISSUANCE OF THIS MATERIAL MAY, FROM TIME TO TIME,
HAVE LONG OR SHORT POSITIONS IN, AND BUY AND SELL, THE SECURITIES MENTIONED
THEREIN OR DERIVATIVES THEREOF (INCLUDING OPTIONS).

THIS MATERIAL IS FURNISHED TO YOU BY CGMI AND NOT BY THE ISSUER OF THE
SECURITIES. CGMI IS NOT ACTING AS AGENT FOR THE ISSUER OR ITS AFFILIATES IN
CONNECTION WITH THE PROPOSED TRANSACTION. THE ISSUER HAS NOT PREPARED OR TAKEN
PART IN THE PREPARATION OF THESE MATERIALS.




                        CD 2005-C1 COLLATERAL TERMSHEET
                             DATED OCTOBER 7, 2005



    LOAN       MORTGAGE
   NUMBER        LOAN
                SELLER                  LOAN / PROPERTY NAME                                   PROPERTY ADDRESS
- -----------------------------------------------------------------------------------------------------------------------------------

7014398           CGM     The Exchange at Luther Street                       1101 Luther Street West
                          The Exchange at Luther Street (Per Bed)
7013590           CGM     Plantation Apartments                               1840 Carriage Lane
7014378           CGM     Fairmont Apartments                                 7230 De Soto Avenue & 7233, 7243, 7259 Kelvin Avenue
7014376           CGM     The Westbury                                        1765 North Sycamore Avenue
7013589           CGM     Georgetown Apartments                               1476 Orange Grove Road
7013588           CGM     Charleston Arms Apartments                          1551 and 1545 Sam Rittenberg Boulevard
7013591           CGM     Spanish Oaks Apartments                             1515 Ashley River Road
7013817           CGM     Grand Meadow                                        821 17th Avenue
DBM23819         GACC     Union Square                                        4120 Union Square Boulevard
DBM23765         GACC     Fountains at Waterford                              12101 Fountainbrook Boulevard
DBM23459         GACC     The Sanctuary at Highland Oaks                      10246 Douglas Oaks Circle
DBM23629         GACC     Tenby Chase                                         193 Tenby Chase Drive
DBM24432         GACC     Glen Hollow Apartments                              1100 Newportville Road
DBM24054         GACC     Central Park East Apartments                        15216 Northeast 16th Place
DBM23634         GACC     Breakpointe Apartments                              6672-6690 Abrego Road
                          Breakpointe Apartments (Per Bed)
DBM23849         GACC     338 East 65th Street / 314-26 East 78th Street      Various
DBM23849-1       GACC     338 East 65th Street                                338 East 65th Street
DBM23849-2       GACC     314-26 East 78th Street                             314-26 East 78th Street
DBM23560         GACC     Maplewood Park                                      3815 Northeast 4th Street
DBM23854         GACC     413-415 East 70th Street / 507-11 East 73rd Street  Various
DBM23854-1       GACC     413-415 East 70th Street                            413-15 East 70th Street
DBM23854-2       GACC     507-11 East 73rd Street                             507-11 East 73rd Street
DBM23852         GACC     512 East 80th Street / 1229-1235 1st Avenue         Various
DBM23852-1       GACC     512 East 80th Street                                512 East 80th Street
DBM23852-2       GACC     1229-1235 1st Avenue                                1229-1235 1st Avenue
DBM23769         GACC     Orchard Grove                                       2835 South Wagner Road
DBM23747         GACC     Quail Run                                           33099 Willow Lane
DBM23551         GACC     Westbury Apartments                                 9522 Shepton Drive
DBM23647         GACC     Independence Village of Petoskey                    965 Hager Drive
DBM23396         GACC     Pratt Place Apartments                              16 & 30 Pratt Place
DBM23430         GACC     Ceder Glen Apartments                               9140 Old Bustleton Avenue
DBM23851         GACC     433 East 80th Street                                433 East 80th Street
DBM23515         GACC     The Village at Russellville                         1940 South Elmira Avenue
DBM23572         GACC     Fairmount Philadelphia Apartments                   345-357 West Johnson Street
DBM23255         GACC     220 East 67th Street                                220 East 67th Street
6106164          PMCF     Shelter Cove Apartments                             537 Tranquil Court
6106138          PMCF     Overlook at Causey Lane Apartments                  11408 S.E. 90th Avenue
6106043          PMCF     Southgate Apartments                                701-747, 801-841, 821 Southgate Drive
6106143          PMCF     Hawthorne Chateau Apartments                        3505 W. 139th Street
6106146          PMCF     Gardena Capri Apartments                            13501 Van Ness Avenue
940951312         PNC     Berkshiretown Apartments                            176 Columbus Avenue
940951313         PNC     Linden Towers Apartments                            310 Stafford Street
940951314         PNC     Sycamore House                                      287 Essex Street
940951711         PNC     Copper Beech - Bowling Green                        119 East Court Street
940951745         PNC     Edgewood at the Gables                              7336 West 7th Street North
940951836         PNC     Minnesota Estates I                                 809 East Minnesota Street
940951837         PNC     Vista Pointe Apartments                             3300-3355 Palm Drive
940951919         PNC     Hazleton Garden Apartments                          710 West 24th Street
940951960         PNC     Nevada Street                                       2 Nevada Street
940951976         PNC     Pines Apartments                                    238 Southwest Gage Boulevard
940951986         PNC     Tamarack Trace Apartments                           1000 Tamarack Circle
940951992         PNC     Judson House                                        40 Welcome Street
940951999         PNC     Parkway Plaza Apartments                            1000 Plaza Drive
940952025         PNC     Applewood Apartments                                2612-2639 Wimpole Avenue
940952037         PNC     Stone Creek Apartment Homes - Tyler                 6100 Hollytree Drive





    LOAN                                                                                           TOTAL      CUT-OFF DATE
   NUMBER             CITY         STATE    ZIP       PROPERTY TYPE       SUB PROPERTY TYPE      UNITS/PADS      BALANCE
- ---------------------------------------------------------------------------------------------------------------------------

7014398       College Station        TX    77840  Multifamily           Student Housing              308      23,250,000.00

7013590       Charleston             SC    29407  Multifamily           Conventional                 288      11,000,000.00
7014378       Canoga Park            CA    91303  Multifamily           Conventional                 151      10,000,000.00
7014376       Los Angeles            CA    90028  Multifamily           Conventional                  82       7,000,000.00
7013589       Charleston             SC    29407  Multifamily           Conventional                 160       5,280,000.00
7013588       Charleston             SC    29407  Multifamily           Conventional                 138       4,640,000.00
7013591       Charleston             SC    29407  Multifamily           Conventional                 115       4,480,000.00
7013817       Longmont               CO    80501  Manufactured Housing  Manufactured Housing         104       3,440,000.00
DBM23819      Palm Beach Gardens     FL    33410  Multifamily           Conventional                 542      58,000,000.00
DBM23765      Orlando                FL    32825  Multifamily           Conventional                 400      39,500,000.00
DBM23459      Tampa                  FL    33610  Multifamily           Conventional                 456      35,300,000.00
DBM23629      Delran                 NJ    08075  Multifamily           Conventional                 327      28,500,000.00
DBM24432      Croydon                PA    19021  Multifamily           Conventional                 615      26,320,000.00
DBM24054      Bellevue               WA    98007  Multifamily           Conventional                 384      25,500,000.00
DBM23634      Goleta                 CA    93117  Multifamily           Student Housing               96      21,000,000.00

DBM23849      New York               NY    10021  Multifamily           Conventional                 126      17,540,000.00
DBM23849-1    New York               NY    10021  Multifamily           Conventional                  28
DBM23849-2    New York               NY    10021  Multifamily           Conventional                  98
DBM23560      Renton                 WA    98056  Multifamily           Conventional                 399      16,200,000.00
DBM23854      New York               NY    10021  Multifamily           Conventional                 118      15,770,000.00
DBM23854-1    New York               NY    10021  Multifamily           Conventional                  28
DBM23854-2    New York               NY    10021  Multifamily           Conventional                  90
DBM23852      New York               NY    10021  Multifamily           Conventional                  80      15,050,000.00
DBM23852-1    New York               NY    10021  Multifamily           Conventional                  26
DBM23852-2    New York               NY    10021  Multifamily           Conventional                  54
DBM23769      Ann Arbor              MI    48103  Manufactured Housing  Manufactured Housing         290      12,000,000.00
DBM23747      Lenox                  MI    48048  Manufactured Housing  Manufactured Housing         340      11,200,000.00
DBM23551      Richmond               VA    23294  Multifamily           Conventional                 158       7,584,000.00
DBM23647      Petoskey               MI    49770  Multifamily           Independent Living           119       7,350,000.00
DBM23396      Revere                 MA    02151  Multifamily           Conventional                  72       5,900,000.00
DBM23430      Philadelphia           PA    19115  Multifamily           Conventional                 110       5,520,000.00
DBM23851      New York               NY    10021  Multifamily           Conventional                  31       4,640,000.00
DBM23515      Russellville           AR    72802  Multifamily           Conventional                  96       3,315,000.00
DBM23572      Philadelphia           PA    19144  Multifamily           Conventional                  67       2,916,962.32
DBM23255      New York               NY    10021  Multifamily           Co-Op                        114       2,594,430.66
6106164       Odenton                MD    21113  Multifamily           Garden                       300      32,000,000.00
6106138       Portland               OR    97266  Multifamily           Garden                       276      13,500,000.00
6106043       State College          PA    16801  Multifamily           Garden                       152       5,588,269.48
6106143       Hawthorne              CA    90250  Multifamily           Garden                        58       3,068,151.46
6106146       Gardena                CA    90249  Multifamily           Garden                        28       1,322,049.02
940951312     Pittsfield             MA    01201  Multifamily           Section 8                    184       6,330,075.25
940951313     Springfield            MA    01104  Multifamily           Section 8                    249       8,772,387.74
940951314     Holyoke                MA    01040  Multifamily           Section 8                     94       2,342,626.27
940951711     Bowling Green          OH    43402  Multifamily           Student Housing              199      13,000,000.00
940951745     Tulsa                  OK    74127  Multifamily           Conventional                  60       1,638,654.98
940951836     Rapid City             SD    57701  Multifamily           Conventional                  48       1,496,884.65
940951837     Rapid City             SD    57701  Multifamily           Conventional                  48       2,793,854.84
940951919     Hazle Township         PA    18201  Multifamily           Section 8                    236       7,489,305.24
940951960     Newark                 NJ    07102  Multifamily           Section 8                    305      21,977,867.01
940951976     Topeka                 KS    66606  Multifamily           Conventional                 179       4,595,657.06
940951986     Florence               KY    41042  Multifamily           Conventional                 264       8,700,000.00
940951992     Haverhill              MA    01830  Multifamily           Section 8                    117       7,139,458.35
940951999     State College          PA    16801  Multifamily           Conventional                 428      20,200,000.00
940952025     Knoxville              TN    37914  Multifamily           Section 8                     96       2,412,490.19
940952037     Tyler                  TX    75703  Multifamily           Conventional                 248       8,341,001.05








    LOAN         AMORTIZATION    ELEVATOR(S)                                # OF     # OF 1 BED  # OF 2 BED   # OF 3 BED
   NUMBER            TYPE         (YES/NO)      UTILITIES TENANT PAYS      STUDIOS      ROOMS       ROOMS        ROOMS
- ----------------------------------------------------------------------------------------------------------------------------

7014398       Partial IO              0      Electric, Gas                   NAP         48          96          68
                                                                             NAP         48          192         204
7013590       Full IO                 0      Electric, Water                 NAP         156         80          52
7014378       Partial IO              0      Electric, Gas                   34          98          19          NAP
7014376       Partial IO              1      Electric, Gas                   44          24          14          NAP
7013589       Full IO                 0      Electric                        NAP         56          75          29
7013588       Full IO                 2      Electric                        NAP         62          76          NAP
7013591       Full IO                 0      Electric                        NAP         40          63          12
7013817       Partial IO             NAP     NAP                             NAP         NAP         NAP         NAP
DBM23819      Interest Only           1      Electric, Gas, Water, Sewer     NAP         181         315         46
DBM23765      Interest Only           0      Electric, Water                 NAP         144         198         58
DBM23459      Partial IO              0      Electric, Water, Sewer          NAP         144         216         60
DBM23629      Partial IO              0      Electric                        NAP         196         131         NAP
DBM24432      Partial IO              0      Electric                        68          341         206         NAP
DBM24054      Partial IO              8      Electric, Sewer, Water          NAP         96          224         64
DBM23634      Partial IO              0      Electric, Gas                   12          24          59          1
                                                                             24          48          236         6
DBM23849      Partial IO
DBM23849-1                            0      Electric, Gas                   1           16          11          NAP
DBM23849-2                            0      Electric, Gas                   NAP         44          49          5
DBM23560      Partial IO              0      Electric, Water, Gas, Sewer     111         198         90          NAP
DBM23854      Partial IO
DBM23854-1                            0      Electric, Gas                   1           11          16          NAP
DBM23854-2                            0      Electric, Gas                   6           35          47          2
DBM23852      Partial IO
DBM23852-1                            0      Electric, Gas                   NAP         9           17          NAP
DBM23852-2                            0      Electric, Gas                   2           33          19          NAP
DBM23769      Partial IO             NAP     Electric                        NAP         47          243         NAP
DBM23747      Partial IO             NAP     Electric, Gas, Water            NAP         91          249         NAP
DBM23551      Partial IO              0      Electric                        NAP         32          104         22
DBM23647      Amortizing Balloon      2      None                            29          68          22          NAP
DBM23396      Partial IO              0      Electric, Water                 4           36          32          NAP
DBM23430      Partial IO              0      Electric, Gas, Water            NAP         86          24          NAP
DBM23851      Partial IO              0      Electric, Gas                   NAP         NAP         26          5
DBM23515      Partial IO              0      Electric                        NAP         36          36          24
DBM23572      Amortizing Balloon      0      Electric, Gas                   9           48          10          NAP
DBM23255      Amortizing Balloon      2      Electric                        60          30          23          NAP
6106164       Partial IO              0      Electric                        NAP         84          186         30
6106138       Partial IO              0      UAV                             NAP         148         98          30
6106043       Amortizing Balloon      0      Electric                        NAP         48          80          24
6106143       Amortizing Balloon      0      None                            20          28          10          NAP
6106146       Amortizing Balloon      0      Electric, Gas                   2           14          11          1
940951312     Amortizing Balloon      2      None                            NAP         166         18          NAP
940951313     Amortizing Balloon      2      None                            NAP         221         28          NAP
940951314     Amortizing Balloon      2      None                            NAP         87          7           NAP
940951711     Partial IO              0      Electric, Water, Sewer          NAP         25          24          56
940951745     Amortizing Balloon      0      Electric, Heat                  NAP         30          30          NAP
940951836     Amortizing Balloon      0      None                            NAP         NAP         24          24
940951837     Amortizing Balloon      0      None                            NAP         NAP         24          24
940951919     Amortizing Balloon      0      None                            NAP         70          150         16
940951960     Amortizing Balloon      2      None                            NAP         NAP         NAP         NAP
940951976     Amortizing Balloon      0      Electric, Heat                  8           101         69          1
940951986     Partial IO              0      Electric, Gas                   NAP         NAP         264         NAP
940951992     Amortizing Balloon      2      None                            NAP         106         11          NAP
940951999     Partial IO              0      None                            60          207         119         42
940952025     Amortizing Balloon      0      None                            NAP         NAP         48          48
940952037     Amortizing Balloon      0      Electric, Water                 NAP         144         104         NAP






               # OF 4 OR
    LOAN       MORE BED     AVERAGE RENTAL      AVERAGE RENTAL       AVERAGE RENTAL       AVERAGE RENTAL      AVERAGE RENTAL
   NUMBER        ROOMS        RATE STUDIO         RATE 1 BR            RATE 2 BR            RATE 03 BR          RATE 4+ BR
- -------------------------------------------------------------------------------------------------------------------------------

7014398       96          NAP                 650-755; 694        860-1,118; 1,001     1,151-2,180; 1,280   1,303-1,756; 1,631
              384         NAP                 670-800; 706        414-624; 514         370-872; 442         350-519; 424
7013590       NAP         NAP                 460-585; 530        540-665; 611         620-745; 695         NAP
7014378       NAP         510-1,260; 668      516-876; 772        700-1,150; 1,005     NAP                  NAP
7014376       NAP         750-825; 773        875-1,025; 943      1,275-1,500; 1,381   NAP                  NAP
7013589       NAP         NAP                 455-555; 531        510-625; 591         635-755; 729         NAP
7013588       NAP         NAP                 465-580; 540        535-670;  612        NAP                  NAP
7013591       NAP         NAP                 470-570; 540        540-745; 629         685-805; 750         NAP
7013817       NAP         NAP                 NAP                 NAP                  NAP                  NAP
DBM23819      NAP         NAP                 925-955; 936        1,015-1,240; 1,089   1,375-1,374; 1,375   NAP
DBM23765      NAP         NAP                 798-798; 798        953-953; 953         1,182-1,182; 1,182   NAP
DBM23459      36          NAP                 690-746; 731        850-975; 926         1150                 1360
DBM23629      NAP         NAP                 830-1,245; 954      1,215-,1525; 1,409   NAP                  NAP
DBM24432      NAP         530-575; 555        635-715; 705        820-910; 883         NAP                  NAP
DBM24054      NAP         NAP                 750-750; 750        942-942; 942         987-987; 987         NAP
DBM23634      NAP         1,105-1,155; 1,135  1,250-1,545; 1,301  2,255-3,850; 2,408   2,850-2,850; 2,850   NAP
              NAP         553-578; 568        625-773; 651        564-963; 602         475-475; 475         NAP
DBM23849
DBM23849-1    NAP         950-950; 950        454-1,633; 1,099    454-1,800; 1,125     NAP                  NAP
DBM23849-2    NAP         NAP                 296-1,400; 1,091    437-1,950; 1,414     571-3,000; 1,496     NAP
DBM23560      NAP         400-525; 454        472-605; 539        600-785; 678         NAP                  NAP
DBM23854
DBM23854-1    NAP         1,000-1,000; 1,000  399-1,300; 691      465-1,850; 1,593     NAP                  NAP
DBM23854-2    NAP         454-1,352; 826      553-1,560; 1,180    454-1,950; 1,429     1,700-1,900; 1,800   NAP
DBM23852
DBM23852-1    NAP         NAP                 559-1,400; 1,086    405-1,850; 1,370     NAP                  NAP
DBM23852-2    NAP         776-917; 847        190-1,500; 1,179    508-1,950; 1,614     NAP                  NAP
DBM23769      NAP         NAP                 471-471; 471        471-471; 471         NAP                  NAP
DBM23747      NAP         NAP                 382-382; 382        402-402; 402         NAP                  NAP
DBM23551      NAP         NAP                 615-655; 624        699-730; 707         825-825; 825         NAP
DBM23647      NAP         1,200-2,795; 2,113  1,400-3,040; 2,217  2,063-3,386; 2,721   NAP                  NAP
DBM23396      NAP         695-695; 695        855-905; 881        960-1,085; 1,019     NAP                  NAP
DBM23430      NAP         NAP                 520-720; 655        715-850; 812         NAP                  NAP
DBM23851      NAP         NAP                 NAP                 341-2,100; 1,454     546-2,695; 1,407     NAP
DBM23515      NAP         NAP                 395-395; 395        475-495; 488         595-595; 595         NAP
DBM23572      NAP         398-485; 450        513-579; 556        650-687; 650         NAP                  NAP
DBM23255      1           668-2,100; 1,971    593-3,300; 3,210    1,182-4,200; 3,579   NAP                  5,500-5,500; 5,500
6106164       NAP         NAP                 938                 1060                 1229                 NAP
6106138       NAP         NAP                 594                 718                  890                  NAP
6106043       NAP         NAP                 580                 694                  800                  NAP
6106143       NAP         633                 802                 1011                 NAP                  NAP
6106146       NAP         518                 765.71              847.73               1100                 NAP
940951312     NAP         NAP                 713                 790                  NAP                  NAP
940951313     NAP         NAP                 793                 909                  NAP                  NAP
940951314     NAP         NAP                 639                 813                  NAP                  NAP
940951711     94          NAP                 614                 834                  1132                 1284
940951745     NAP         NAP                 454                 530                  NAP                  NAP
940951836     NAP         NAP                 NAP                 588                  696                  NAP
940951837     NAP         NAP                 NAP                 681                  776                  NAP
940951919     NAP         NAP                 683                 741                  871                  NAP
940951960     NAP         NAP                 NAP                 NAP                  NAP                  NAP
940951976     NAP         383                 412                 516                  775                  NAP
940951986     NAP         NAP                 NAP                 566                  NAP                  NAP
940951992     NAP         NAP                 960                 1060                 NAP                  NAP
940951999     NAP         490                 623                 733                  964                  NAP
940952025     NAP         NAP                 NAP                 475                  575                  NAP
940952037     NAP         NAP                 430                 558                  NAP                  NAP






               # OF BEDS
                (STUDENT   RENT PER BED                                        INTEREST   ORIGINAL
     LOAN       HOUSING      (STUDENT                                CUT-OFF     ONLY     TERM TO     AMORTIZATION
    NUMBER       ONLY)     HOUSING ONLY)      COUNTY      UW DSCR    DATE LTV   PERIOD  MATURITY/ARD      TERM
- ---------------------------------------------------------------------------------------------------------------------

7014398                                   Brazos            1.24      74.76%      36        120            360
               828        350-872; 467
7013590                                   Charleston        1.73      84.62%     120        120       Interest Only
7014378                                   Los Angeles       1.20      72.46%      36        120            360
7014376                                   Los Angeles       1.20      74.07%      36        120            360
7013589                                   Charleston        1.70      86.56%     120        120       Interest Only
7013588                                   Charleston        1.59      87.55%     120        120       Interest Only
7013591                                   Charleston        1.66      81.45%     120        120       Interest Only
7013817                                   Boulder           1.33      80.00%      24        120            360
DBM23819                                  Palm Beach        1.44      80.00%      60         60       Interest Only
DBM23765                                  Orange            1.30      79.80%      60         60       Interest Only
DBM23459                                  Hillsborough      1.24      73.54%      48        120            360
DBM23629                                  Burlington        1.15      74.61%      36         60            360
DBM24432                                  Bucks             1.30      80.00%      24        120            360
DBM24054                                  King              1.29      62.50%      36        120            360
DBM23634                                  Santa Barbara     1.20      75.74%      36         60            360
               314        475-963; 604
DBM23849                                  New York          1.10      77.96%      60        120            360
DBM23849-1                                New York
DBM23849-2                                New York
DBM23560                                  King              1.21      76.24%      60        120            360
DBM23854                                  New York          1.13      78.85%      60        120            360
DBM23854-1                                New York
DBM23854-2                                New York
DBM23852                                  New York          1.11      79.21%      60        120            360
DBM23852-1                                New York
DBM23852-2                                New York
DBM23769                                  Washtenaw         1.21      77.42%      36        120            360
DBM23747                                  Macomb            1.20      80.00%      60        120            360
DBM23551                                  Henrico           1.33      79.83%      48        120            360
DBM23647                                  Emmet             1.71      54.44%      0         120            300
DBM23396                                  Suffolk           1.22      78.67%      36        120            360
DBM23430                                  Philadelphia      1.44      80.00%      36        120            360
DBM23851                                  New York          1.14      80.00%      60        120            360
DBM23515                                  Pope              1.40      78.93%      24        120            360
DBM23572                                  Philadelphia      1.36      79.92%      0         120            360
DBM23255                                  New York         10.04      6.33%       0         180            360
6106164                                   Anne Arundel      1.50      75.12%      36        120            360
6106138                                   Clackamas         1.61      69.41%      24        120            360
6106043                                   Centre County     1.19      77.61%      0         120            360
6106143                                   Los Angeles       1.21      62.62%      0         120            360
6106146                                   Los Angeles       1.20      50.85%      0         120            360
940951312                                 Berkshire         1.38      74.47%      0         120            300
940951313                                 Hampden           1.41      67.48%      0         120            300
940951314                                 Hampden           1.29      75.57%      0         120            300
940951711                                 Wood              1.21      78.20%      60        120            360
940951745                                 Tulsa             1.30      60.13%      0         180            360
940951836                                 Pennington        1.62      57.79%      0          96            360
940951837                                 Pennington        1.34      79.60%      0         120            360
940951919                                 Luzerne           1.46      74.89%      0         120            300
940951960                                 Essex             1.36      72.77%      0         120            360
940951976                                 Shawnee           1.32      78.56%      0         120            360
940951986                                 Boone             1.79      64.76%     120        120            360
940951992                                 Essex             1.30      76.77%      0         120            300
940951999                                 Centre            1.29      80.00%      36        120            360
940952025                                 Knox              1.35      79.88%      0         120            300
940952037                                 Smith             1.30      79.29%      0         120            360
EX-99.2 3 file003.htm ABS TERM SHEETS 






ALL INFORMATION IN THIS TERM SHEET, WHETHER REGARDING THE ASSETS BACKING ANY
SECURITIES DISCUSSED HEREIN OR OTHERWISE, SUPERSEDES ANY PRIOR INFORMATION
PROVIDED TO YOU AND WILL BE SUPERSEDED BY THE INFORMATION CONTAINED IN ANY FINAL
PROSPECTUS FOR ANY SECURITIES ACTUALLY SOLD TO YOU. THIS TERM SHEET IS FURNISHED
TO PROSPECTIVE INVESTORS FOR THE PURPOSES OF EVALUATING ANY SECURITIES DESCRIBED
HEREIN OR THAT MAY BE OFFERED TO YOU. THE INFORMATION CONTAINED HEREIN MAY NOT
BE REPRODUCED OR USED IN WHOLE OR IN PART FOR ANY OTHER PURPOSE. INFORMATION
CONTAINED IN THIS MATERIAL IS CURRENT AS OF THE DATE APPEARING ON THIS MATERIAL
ONLY.

THIS MATERIAL IS FOR YOUR INFORMATION AND WE ARE NOT 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. THIS MATERIAL IS BASED ON INFORMATION
THAT WE CONSIDER RELIABLE. THE INFORMATION CONTAINED IN THIS MATERIAL MAY BE
BASED ON ASSUMPTIONS REGARDING MARKET CONDITIONS AND OTHER MATTERS AS REFLECTED
THEREIN. CITIGROUP GLOBAL MARKETS INC. ("CGMI") DO NOT MAKE ANY REPRESENTATIONS
REGARDING THE REASONABLENESS OF SUCH ASSUMPTIONS OR THE LIKELIHOOD THAT ANY OF
SUCH ASSUMPTIONS WILL COINCIDE WITH ACTUAL MARKET CONDITIONS OR EVENTS, AND THIS
MATERIAL SHOULD NOT BE RELIED UPON FOR SUCH PURPOSES. CGMI AND THEIR RESPECTIVE
AFFILIATES, OFFICERS, DIRECTORS, PARTNERS AND EMPLOYEES, INCLUDING PERSONS
INVOLVED IN THE PREPARATION OR ISSUANCE OF THIS MATERIAL MAY, FROM TIME TO TIME,
HAVE LONG OR SHORT POSITIONS IN, AND BUY AND SELL, THE SECURITIES MENTIONED
THEREIN OR DERIVATIVES THEREOF (INCLUDING OPTIONS).

THIS MATERIAL IS FURNISHED TO YOU BY CGMI AND NOT BY THE ISSUER OF THE
SECURITIES. CGMI IS NOT ACTING AS AGENT FOR THE ISSUER OR ITS AFFILIATES IN
CONNECTION WITH THE PROPOSED TRANSACTION. THE ISSUER HAS NOT PREPARED OR TAKEN
PART IN THE PREPARATION OF THESE MATERIALS.




                         CD 2005-C1 COLLATERAL TERMSHEET
                              DATED OCTOBER 7, 2005




               MORTGAGE
    LOAN         LOAN                     LOAN / PROPERTY
   NUMBER       SELLER                         NAME                                          PROPERTY ADDRESS
- ----------------------------------------------------------------------------------------------------------------------------------

7014398           CGM     The Exchange at Luther Street                       1101 Luther Street West
                          The Exchange at Luther Street (Per Bed)
7013590           CGM     Plantation Apartments                               1840 Carriage Lane
7014378           CGM     Fairmont Apartments                                 7230 De Soto Avenue & 7233, 7243, 7259 Kelvin Avenue
7014376           CGM     The Westbury                                        1765 North Sycamore Avenue
7013589           CGM     Georgetown Apartments                               1476 Orange Grove Road
7013588           CGM     Charleston Arms Apartments                          1551 and 1545 Sam Rittenberg Boulevard
7013591           CGM     Spanish Oaks Apartments                             1515 Ashley River Road
7013817           CGM     Grand Meadow                                        821 17th Avenue
DBM23819         GACC     Union Square                                        4120 Union Square Boulevard
DBM23765         GACC     Fountains at Waterford                              12101 Fountainbrook Boulevard
DBM23459         GACC     The Sanctuary at Highland Oaks                      10246 Douglas Oaks Circle
DBM23629         GACC     Tenby Chase                                         193 Tenby Chase Drive
DBM24432         GACC     Glen Hollow Apartments                              1100 Newportville Road
DBM24054         GACC     Central Park East Apartments                        15216 Northeast 16th Place
DBM23634         GACC     Breakpointe Apartments                              6672-6690 Abrego Road
                          Breakpointe Apartments (Per Bed)
DBM23849         GACC     338 East 65th Street / 314-26 East 78th Street      Various
DBM23849-1       GACC     338 East 65th Street                                338 East 65th Street
DBM23849-2       GACC     314-26 East 78th Street                             314-26 East 78th Street
DBM23560         GACC     Maplewood Park                                      3815 Northeast 4th Street
DBM23854         GACC     413-415 East 70th Street / 507-11 East 73rd Street  Various
DBM23854-1       GACC     413-415 East 70th Street                            413-15 East 70th Street
DBM23854-2       GACC     507-11 East 73rd Street                             507-11 East 73rd Street
DBM23852         GACC     512 East 80th Street / 1229-1235 1st Avenue         Various
DBM23852-1       GACC     512 East 80th Street                                512 East 80th Street
DBM23852-2       GACC     1229-1235 1st Avenue                                1229-1235 1st Avenue
DBM23769         GACC     Orchard Grove                                       2835 South Wagner Road
DBM23747         GACC     Quail Run                                           33099 Willow Lane
DBM23551         GACC     Westbury Apartments                                 9522 Shepton Drive
DBM23647         GACC     Independence Village of Petoskey                    965 Hager Drive
DBM23396         GACC     Pratt Place Apartments                              16 & 30 Pratt Place
DBM23430         GACC     Ceder Glen Apartments                               9140 Old Bustleton Avenue
DBM23851         GACC     433 East 80th Street                                433 East 80th Street
DBM23515         GACC     The Village at Russellville                         1940 South Elmira Avenue
DBM23572         GACC     Fairmount Philadelphia Apartments                   345-357 West Johnson Street
DBM23255         GACC     220 East 67th Street                                220 East 67th Street
6106164          PMCF     Shelter Cove Apartments                             537 Tranquil Court
6106138          PMCF     Overlook at Causey Lane Apartments                  11408 S.E. 90th Avenue
6106043          PMCF     Southgate Apartments                                701-747, 801-841, 821 Southgate Drive
6106143          PMCF     Hawthorne Chateau Apartments                        3505 W. 139th Street
6106146          PMCF     Gardena Capri Apartments                            13501 Van Ness Avenue
940951312         PNC     Berkshiretown Apartments                            176 Columbus Avenue
940951313         PNC     Linden Towers Apartments                            310 Stafford Street
940951314         PNC     Sycamore House                                      287 Essex Street
940951711         PNC     Copper Beech - Bowling Green                        119 East Court Street
940951745         PNC     Edgewood at the Gables                              7336 West 7th Street North
940951836         PNC     Minnesota Estates I                                 809 East Minnesota Street
940951837         PNC     Vista Pointe Apartments                             3300-3355 Palm Drive
940951919         PNC     Hazleton Garden Apartments                          710 West 24th Street
940951960         PNC     Nevada Street                                       2 Nevada Street
940951976         PNC     Pines Apartments                                    238 Southwest Gage Boulevard
940951986         PNC     Tamarack Trace Apartments                           1000 Tamarack Circle
940951992         PNC     Judson House                                        40 Welcome Street
940951999         PNC     Parkway Plaza Apartments                            1000 Plaza Drive
940952025         PNC     Applewood Apartments                                2612-2639 Wimpole Avenue
940952037         PNC     Stone Creek Apartment Homes - Tyler                 6100 Hollytree Drive








    LOAN
   NUMBER               CITY                 STATE            ZIP             PROPERTY TYPE
- --------------------------------------------------------------------------------------------------

7014398       College Station                 TX             77840      Multifamily

7013590       Charleston                      SC             29407      Multifamily
7014378       Canoga Park                     CA             91303      Multifamily
7014376       Los Angeles                     CA             90028      Multifamily
7013589       Charleston                      SC             29407      Multifamily
7013588       Charleston                      SC             29407      Multifamily
7013591       Charleston                      SC             29407      Multifamily
7013817       Longmont                        CO             80501      Manufactured Housing
DBM23819      Palm Beach Gardens              FL             33410      Multifamily
DBM23765      Orlando                         FL             32825      Multifamily
DBM23459      Tampa                           FL             33610      Multifamily
DBM23629      Delran                          NJ             08075      Multifamily
DBM24432      Croydon                         PA             19021      Multifamily
DBM24054      Bellevue                        WA             98007      Multifamily
DBM23634      Goleta                          CA             93117      Multifamily

DBM23849      New York                        NY             10021      Multifamily
DBM23849-1    New York                        NY             10021      Multifamily
DBM23849-2    New York                        NY             10021      Multifamily
DBM23560      Renton                          WA             98056      Multifamily
DBM23854      New York                        NY             10021      Multifamily
DBM23854-1    New York                        NY             10021      Multifamily
DBM23854-2    New York                        NY             10021      Multifamily
DBM23852      New York                        NY             10021      Multifamily
DBM23852-1    New York                        NY             10021      Multifamily
DBM23852-2    New York                        NY             10021      Multifamily
DBM23769      Ann Arbor                       MI             48103      Manufactured Housing
DBM23747      Lenox                           MI             48048      Manufactured Housing
DBM23551      Richmond                        VA             23294      Multifamily
DBM23647      Petoskey                        MI             49770      Multifamily
DBM23396      Revere                          MA             02151      Multifamily
DBM23430      Philadelphia                    PA             19115      Multifamily
DBM23851      New York                        NY             10021      Multifamily
DBM23515      Russellville                    AR             72802      Multifamily
DBM23572      Philadelphia                    PA             19144      Multifamily
DBM23255      New York                        NY             10021      Multifamily
6106164       Odenton                         MD             21113      Multifamily
6106138       Portland                        OR             97266      Multifamily
6106043       State College                   PA             16801      Multifamily
6106143       Hawthorne                       CA             90250      Multifamily
6106146       Gardena                         CA             90249      Multifamily
940951312     Pittsfield                      MA             01201      Multifamily
940951313     Springfield                     MA             01104      Multifamily
940951314     Holyoke                         MA             01040      Multifamily
940951711     Bowling Green                   OH             43402      Multifamily
940951745     Tulsa                           OK             74127      Multifamily
940951836     Rapid City                      SD             57701      Multifamily
940951837     Rapid City                      SD             57701      Multifamily
940951919     Hazle Township                  PA             18201      Multifamily
940951960     Newark                          NJ             07102      Multifamily
940951976     Topeka                          KS             66606      Multifamily
940951986     Florence                        KY             41042      Multifamily
940951992     Haverhill                       MA             01830      Multifamily
940951999     State College                   PA             16801      Multifamily
940952025     Knoxville                       TN             37914      Multifamily
940952037     Tyler                           TX             75703      Multifamily








    LOAN            SUB PROPERTY           TOTAL         CUT-OFF DATE       AMORTIZATION
   NUMBER               TYPE             UNITS/PADS         BALANCE              TYPE
- --------------------------------------------------------------------------------------------

7014398       Student Housing                     308       23,250,000.00  Partial IO

7013590       Conventional                        288       11,000,000.00  Full IO
7014378       Conventional                        151       10,000,000.00  Partial IO
7014376       Conventional                         82        7,000,000.00  Partial IO
7013589       Conventional                        160        5,280,000.00  Full IO
7013588       Conventional                        138        4,640,000.00  Full IO
7013591       Conventional                        115        4,480,000.00  Full IO
7013817       Manufactured Housing                104        3,440,000.00  Partial IO
DBM23819      Conventional                        542       58,000,000.00  Interest Only
DBM23765      Conventional                        400       39,500,000.00  Interest Only
DBM23459      Conventional                        456       35,300,000.00  Partial IO
DBM23629      Conventional                        327       28,500,000.00  Partial IO
DBM24432      Conventional                        615       26,320,000.00  Partial IO
DBM24054      Conventional                        384       25,500,000.00  Partial IO
DBM23634      Student Housing                      96       21,000,000.00  Partial IO

DBM23849      Conventional                        126       17,540,000.00  Partial IO
DBM23849-1    Conventional                         28
DBM23849-2    Conventional                         98
DBM23560      Conventional                        399       16,200,000.00  Partial IO
DBM23854      Conventional                        118       15,770,000.00  Partial IO
DBM23854-1    Conventional                         28
DBM23854-2    Conventional                         90
DBM23852      Conventional                         80       15,050,000.00  Partial IO
DBM23852-1    Conventional                         26
DBM23852-2    Conventional                         54
DBM23769      Manufactured Housing                290       12,000,000.00  Partial IO
DBM23747      Manufactured Housing                340       11,200,000.00  Partial IO
DBM23551      Conventional                        158        7,584,000.00  Partial IO
DBM23647      Independent Living                  119        7,350,000.00  Amortizing Balloon
DBM23396      Conventional                         72        5,900,000.00  Partial IO
DBM23430      Conventional                        110        5,520,000.00  Partial IO
DBM23851      Conventional                         31        4,640,000.00  Partial IO
DBM23515      Conventional                         96        3,315,000.00  Partial IO
DBM23572      Conventional                         67        2,916,962.32  Amortizing Balloon
DBM23255      Co-Op                               114        2,594,430.66  Amortizing Balloon
6106164       Garden                              300       32,000,000.00  Partial IO
6106138       Garden                              276       13,500,000.00  Partial IO
6106043       Garden                              152        5,588,269.48  Amortizing Balloon
6106143       Garden                               58        3,068,151.46  Amortizing Balloon
6106146       Garden                               28        1,322,049.02  Amortizing Balloon
940951312     Section 8                           184        6,330,075.25  Amortizing Balloon
940951313     Section 8                           249        8,772,387.74  Amortizing Balloon
940951314     Section 8                            94        2,342,626.27  Amortizing Balloon
940951711     Student Housing                     199       13,000,000.00  Partial IO
940951745     Conventional                         60        1,638,654.98  Amortizing Balloon
940951836     Conventional                         48        1,496,884.65  Amortizing Balloon
940951837     Conventional                         48        2,793,854.84  Amortizing Balloon
940951919     Section 8                           236        7,489,305.24  Amortizing Balloon
940951960     Section 8                           305       21,977,867.01  Amortizing Balloon
940951976     Conventional                        179        4,595,657.06  Amortizing Balloon
940951986     Conventional                        264        8,700,000.00  Partial IO
940951992     Section 8                           117        7,139,458.35  Amortizing Balloon
940951999     Conventional                        428       20,200,000.00  Partial IO
940952025     Section 8                            96        2,412,490.19  Amortizing Balloon
940952037     Conventional                        248        8,341,001.05  Amortizing Balloon






    LOAN        ELEVATOR(S)          UTILITIES                        # OF           # OF 1
   NUMBER        (YES/NO)           TENANT PAYS                      STUDIOS        BED ROOMS
- --------------------------------------------------------------------------------------------

7014398                  0             Electric, Gas                    NAP             48
                                                                        NAP             48
7013590                  0             Electric, Water                  NAP             156
7014378                  0             Electric, Gas                    34              98
7014376                  1             Electric, Gas                    44              24
7013589                  0             Electric                         NAP             56
7013588                  2             Electric                         NAP             62
7013591                  0             Electric                         NAP             40
7013817                 NAP            NAP                              NAP             NAP
DBM23819                 1             Electric, Gas, Water, Sewer      NA              181
DBM23765                 0             Electric, Water                  NAP             144
DBM23459                 0             Electric, Water, Sewer           NAP             144
DBM23629                 0             Electric                         NAP             196
DBM24432                 0             Electric                         68              341
DBM24054                 8             Electric, Sewer, Water           NAP             96
DBM23634                 0             Electric, Gas                    12              24
                                                                        24              48
DBM23849
DBM23849-1               0             Electric, Gas                    1               16
DBM23849-2               0             Electric, Gas                    NAP             44
DBM23560                 0             Electric, Water, Gas, Sewer      111             198
DBM23854
DBM23854-1               0             Electric, Gas                    1               11
DBM23854-2               0             Electric, Gas                    6               35
DBM23852
DBM23852-1               0             Electric, Gas                    NAP             9
DBM23852-2               0             Electric, Gas                    2               33
DBM23769                NAP            Electric                         NAP             47
DBM23747                NAP            Electric, Gas, Water             NAP             91
DBM23551                 0             Electric                         NAP             32
DBM23647                 2             None                             29              68
DBM23396                 0             Electric, Water                  4               36
DBM23430                 0             Electric, Gas, Water             NAP             86
DBM23851                 0             Electric, Gas                    NAP             NAP
DBM23515                 0             Electric                         NAP             36
DBM23572                 0             Electric, Gas                    9               48
DBM23255                 2             Electric                         60              30
6106164                  0             Electric                         NAP             84
6106138                  0             UAV                              NAP             148
6106043                  0             Electric                         NAP             48
6106143                  0             None                             20              28
6106146                  0             Electric, Gas                    2               14
940951312                2             None                             NAP             166
940951313                2             None                             NAP             221
940951314                2             None                             NAP             87
940951711                0             Electric, Water, Sewer           NAP             25
940951745                0             Electric, Heat                   NAP             30
940951836                0             None                             NAP             NAP
940951837                0             None                             NAP             NAP
940951919                0             None                             NAP             70
940951960                2             None                             NAP             NAP
940951976                0             Electric, Heat                   8               101
940951986                0             Electric, Gas                    NAP             NAP
940951992                2             None                             NAP             106
940951999                0             None                             60              207
940952025                0             None                             NAP             NAP
940952037                0             Electric, Water                  NAP             144







                                                    # OF 4 OR
    LOAN      # OF 2                 # OF 3          MORE BED         AVERAGE RENTAL
   NUMBER    BED ROOMS              BED ROOMS         ROOMS             RATE STUDIO
- ---------------------------------------------------------------------------------------------

7014398       96                       68             96                  NAP
              192                      204            384                 NAP
7013590       80                       52             NAP                 NAP
7014378       19                       NAP            NAP                 510-1,260; 668
7014376       14                       NAP            NAP                 750-825; 773
7013589       75                       29             NAP                 NAP
7013588       76                       NAP            NAP                 NAP
7013591       63                       12             NAP                 NAP
7013817       NAP                      NAP            NAP                 NAP
DBM23819      315                      46             NAP                 NAP
DBM23765      198                      58             NAP                 NAP
DBM23459      216                      60             36                  NAP
DBM23629      131                      NAP            NAP                 NAP
DBM24432      206                      NAP            NAP                 530-575; 555
DBM24054      224                      64             NAP                 NAP
DBM23634      59                       1              NAP                 1,105-1,155; 1,135
              236                      6              NAP                 553-578; 568
DBM23849
DBM23849-1    11                       NAP            NAP                 950-950; 950
DBM23849-2    49                       5              NAP                 NAP
DBM23560      90                       NAP            NAP                 400-525; 454
DBM23854
DBM23854-1    16                       NAP            NAP                 1,000-1,000; 1,000
DBM23854-2    47                       2              NAP                 454-1,352; 826
DBM23852
DBM23852-1    17                       NAP            NAP                 NAP
DBM23852-2    19                       NAP            NAP                 776-917; 847
DBM23769      243                      NAP            NAP                 NAP
DBM23747      249                      NAP            NAP                 NAP
DBM23551      104                      22             NAP                 NAP
DBM23647      22                       NAP            NAP                 1,200-2,795; 2,113
DBM23396      32                       NAP            NAP                 695-695; 695
DBM23430      24                       NAP            NAP                 NAP
DBM23851      26                       5              NAP                 NAP
DBM23515      36                       24             NAP                 NAP
DBM23572      10                       NAP            NAP                 398-485; 450
DBM23255      23                       NAP            1                   668-2,100; 1,971
6106164       186                      30             NAP                 NAP
6106138       98                       30             NAP                 NAP
6106043       80                       24             NAP                 NAP
6106143       10                       NAP            NAP                 633
6106146       11                       1              NAP                 518
940951312     18                       NAP            NAP                 NAP
940951313     28                       NAP            NAP                 NAP
940951314     7                        NAP            NAP                 NAP
940951711     24                       56             94                  NAP
940951745     30                       NAP            NAP                 NAP
940951836     24                       24             NAP                 NAP
940951837     24                       24             NAP                 NAP
940951919     150                      16             NAP                 NAP
940951960     NAP                      NAP            NAP                 NAP
940951976     69                       1              NAP                 383
940951986     264                      NAP            NAP                 NAP
940951992     11                       NAP            NAP                 NAP
940951999     119                      42             NAP                 490
940952025     48                       48             NAP                 NAP
940952037     104                      NAP            NAP                 NAP








    LOAN       AVERAGE RENTAL          AVERAGE RENTAL       AVERAGE RENTAL        AVERAGE RENTAL
   NUMBER        RATE 1 BR               RATE 2 BR            RATE 3 BR             RATE 4+ BR
- ---------------------------------------------------------------------------------------------------

7014398       650-755; 694             860-1,118; 1,001      1,151-2,180; 1,280  1,303-1,756; 1,631
              670-800; 706             414-624; 514          370-872; 442        350-519; 424
7013590       460-585; 530             540-665; 611          620-745; 695        NAP
7014378       516-876; 772             700-1,150; 1,005      NAP                 NAP
7014376       875-1,025; 943           1,275-1,500; 1,381    NAP                 NAP
7013589       455-555; 531             510-625; 591          635-755; 729        NAP
7013588       465-580; 540             535-670;  612         NAP                 NAP
7013591       470-570; 540             540-745; 629          685-805; 750        NAP
7013817       NAP                      NAP                   NAP                 NAP
DBM23819      925-955; 936             1,015-1,240; 1,089    1,375-1,374; 1,375  NAP
DBM23765      798-798; 798             953-953; 953          1,182-1,182; 1,182  NAP
DBM23459      690-746; 731             850-975; 926          1150                1360
DBM23629      830-1,245; 954           1,215-,1525; 1,409    NAP                 NAP
DBM24432      635-715; 705             820-910; 883          NAP                 NAP
DBM24054      750-750; 750             942-942; 942          987-987; 987        NAP
DBM23634      1,250-1,545; 1,301       2,255-3,850; 2,408    2,850-2,850; 2,850  NAP
              625-773; 651             564-963; 602          475-475; 475        NAP
DBM23849
DBM23849-1    454-1,633; 1,099         454-1,800; 1,125      NAP                 NAP
DBM23849-2    296-1,400; 1,091         437-1,950; 1,414      571-3,000; 1,496    NAP
DBM23560      472-605; 539             600-785; 678          NAP                 NAP
DBM23854
DBM23854-1    399-1,300; 691           465-1,850; 1,593      NAP                 NAP
DBM23854-2    553-1,560; 1,180         454-1,950; 1,429      1,700-1,900; 1,800  NAP
DBM23852
DBM23852-1    559-1,400; 1,086         405-1,850; 1,370      NAP                 NAP
DBM23852-2    190-1,500; 1,179         508-1,950; 1,614      NAP                 NAP
DBM23769      471-471; 471             471-471; 471          NAP                 NAP
DBM23747      382-382; 382             402-402; 402          NAP                 NAP
DBM23551      615-655; 624             699-730; 707          825-825; 825        NAP
DBM23647      1,400-3,040; 2,217       2,063-3,386; 2,721    NAP                 NAP
DBM23396      855-905; 881             960-1,085; 1,019      NAP                 NAP
DBM23430      520-720; 655             715-850; 812          NAP                 NAP
DBM23851      NAP                      341-2,100; 1,454      546-2,695; 1,407    NAP
DBM23515      395-395; 395             475-495; 488          595-595; 595        NAP
DBM23572      513-579; 556             650-687; 650          NAP                 NAP
DBM23255      593-3,300; 3,210         1,182-4,200; 3,579    NAP                 5,500-5,500; 5,500
6106164       938                      1060                  1229                NAP
6106138       594                      718                   890                 NAP
6106043       580                      694                   800                 NAP
6106143       802                      1011                  NAP                 NAP
6106146       765.71                   847.73                1100                NAP
940951312     713                      790                   NAP                 NAP
940951313     793                      909                   NAP                 NAP
940951314     639                      813                   NAP                 NAP
940951711     614                      834                   1132                1284
940951745     454                      530                   NAP                 NAP
940951836     NAP                      588                   696                 NAP
940951837     NAP                      681                   776                 NAP
940951919     683                      741                   871                 NAP
940951960     NAP                      NAP                   NAP                 NAP
940951976     412                      516                   775                 NAP
940951986     NAP                      566                   NAP                 NAP
940951992     960                      1060                  NAP                 NAP
940951999     623                      733                   964                 NAP
940952025     NAP                      475                   575                 NAP
940952037     430                      558                   NAP                 NAP






             # OF BEDS
             (STUDENT                   RENT PER BED
LOAN          HOUSING                 (STUDENT HOUSING
NUMBER         ONLY                         ONLY)
- -------------------------------------------------------

7014398
              828                      350-872; 467
7013590
7014378
7014376
7013589
7013588
7013591
7013817
DBM23819
DBM23765
DBM23459
DBM23629
DBM24432
DBM24054
DBM23634
              314                      475-963; 604
DBM23849
DBM23849-1
DBM23849-2
DBM23560
DBM23854
DBM23854-1
DBM23854-2
DBM23852
DBM23852-1
DBM23852-2
DBM23769
DBM23747
DBM23551
DBM23647
DBM23396
DBM23430
DBM23851
DBM23515
DBM23572
DBM23255
6106164
6106138
6106043
6106143
6106146
940951312
940951313
940951314
940951711
940951745
940951836
940951837
940951919
940951960
940951976
940951986
940951992
940951999
940952025
940952037
-----END PRIVACY-ENHANCED MESSAGE-----