FWP 1 n897_anxa-x6.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-207132-11
     

 

 

     
 

THIS FREE WRITING PROSPECTUS, DATED MARCH 23, 2017 MAY BE AMENDED OR SUPPLEMENTED PRIOR TO TIME OF SALE

 

IMPORTANT NOTICE REGARDING THIS OFFERING OF ASSET-BACKED SECURITIES

 

THE SECURITIES OFFERED BY THESE MATERIALS ARE BEING OFFERED WHEN, AS AND IF ISSUED.  THIS FREE WRITING PROSPECTUS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THESE SECURITIES IN ANY STATE OR OTHER JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE IS NOT PERMITTED.  THESE SECURITIES DO NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE DEPOSITOR, THE SPONSORS, THE ORIGINATORS, THE MASTER SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE CONTROLLING CLASS REPRESENTATIVE, THE RISK RETENTION CONSULTATION PARTIES, THE COMPANION LOAN HOLDERS (OR THEIR REPRESENTATIVES), THE UNDERWRITERS OR ANY OF THEIR RESPECTIVE AFFILIATES.  NEITHER THESE SECURITIES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-207132) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Citigroup Global Markets Inc., Drexel Hamilton, LLC, Natixis Securities Americas LLC or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

 

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CGCMT 2017-P7 Annex A

  

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Related Group Crossed Group Address City State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Units, Pads, Rooms, SF Unit Description
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio NAP NAP         Office Suburban     572,168  SF
1.01 Property       51 JFK Parkway     51 John F. Kennedy Parkway Short Hills New Jersey 07078 Office Suburban 1988 NAP 259,096  SF
1.02 Property       101 JFK Parkway     101 John F. Kennedy Parkway Short Hills New Jersey 07078 Office Suburban 1980 2003 190,071  SF
1.03 Property       103 JFK Parkway     103 John F. Kennedy Parkway Short Hills New Jersey 07078 Office Suburban 1980 2003 123,001  SF
2 Loan 12, 13 CREFI CREFI 50 Broadway NAP NAP 50 Broadway New York New York 10004 Office CBD 1927 NAP 351,999  SF
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland NAP NAP 127 Public Square Cleveland Ohio 44114 Mixed Use Office/Hospitality 1991 2015 2,389,441  SF
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center NAP NAP 312 Walnut Street Cincinnati Ohio 45202 Office CBD 1989 2013-2015 538,243  SF
5 Loan 30 PCC PCC Cascade Village NAP NAP 63455 North U.S. Highway 97 Bend Oregon 97703 Retail Anchored 1979, 1988, 2005, 2007 2005 367,856  SF
6 Loan   CGMRC CGMRC 19000 Homestead Road NAP NAP 19000 Homestead Road Cupertino California 95014 Office Medical Office 1968 2007 100,352  SF
7 Loan 31 PCC PCC Veteran’s Plaza NAP NAP 1400 Veterans Boulevard Redwood City California 94063 Office Medical Office 2001 2014 62,500  SF
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II NAP NAP 375 Ghent Road Akron Ohio 44333 Office Suburban 1988 2014, 2017 271,675  SF
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing NAP NAP 12650, 12722-12802 and 13085 Hamilton Crossing Boulevard and 12800, 12900 and 13000 North Meridian Street Carmel Indiana 46032 Office Suburban 1989, 1997, 1999, 2000, 2002, 2003 2000 590,917  SF
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo NAP NAP 229 West 43rd Street New York New York 10036 Retail Anchored 1913-1947 2009 248,457  SF
11 Loan 44, 45 PCC PCC Plaza de Hacienda NAP NAP 1735-1869 North Hacienda Boulevard La Puente California 91744 Retail Anchored 1992, 1995 2005 154,462  SF
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park NAP NAP 51 Weaver Street, 18 Valley Drive and West Putnam Avenue Greenwich Connecticut 06831 Office Suburban 1970-1978 2010-2016 380,245  SF
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street NAP NAP 111 Livingston Street Brooklyn New York 11201 Office CBD 1969 2001 434,000  SF
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio NAP NAP         Hospitality Full Service     993  Rooms
14.01 Property       Hilton Anchorage     500 West 3rd Avenue Anchorage Alaska 99501 Hospitality Full Service 1958-1984 NAP 606  Rooms
14.02 Property       Renaissance Concourse Atlanta Airport Hotel     1 Hartsfield Centre Parkway Atlanta Georgia 30354 Hospitality Full Service 1992 2013 387  Rooms
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard NAP NAP 901 Wilshire Boulevard Santa Monica California 90401 Office Medical Office 1982 2017 21,636  SF
16 Loan   PCC PCC Goodlett Farms Business Campus NAP NAP 1900 Charles Bryan Road & 7130 Goodlett Farms Parkway Cordova Tennessee 38016 Office Suburban 1991-1998 NAP 364,926  SF
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building NAP NAP 3330 Cahuenga Boulevard Los Angeles California 90068 Office Suburban 1988 NAP 102,643  SF
18 Loan 69, 70, 71 Natixis Natixis SAP Building NAP NAP 3408 Hillview Avenue Palo Alto California 94304 Office Suburban 1977 2002, 2013 56,279  SF
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon NAP NAP 501 Fairview Avenue North Seattle Washington 98109 Office CBD 2016 NAP 295,793  SF
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue NAP NAP 1875-1925 Nostrand Avenue Brooklyn New York 11226 Retail Anchored 1951 NAP 34,332  SF
21 Loan 76 Natixis Natixis QLIC NAP NAP 41-42 24th Street Long Island City New York 11101 Multifamily High-Rise 2015 NAP 421  Units
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio NAP NAP         Various Various     77,419  SF
22.01 Property       1214- 1216 Broadway     1214-1216 Broadway New York New York 10001 Mixed Use Office/Retail 1929 2016 51,844  SF
22.02 Property       1204 Broadway     1204 Broadway New York New York 10001 Mixed Use Office/Retail 1930 2016 23,400  SF
22.03 Property       1212 Broadway     1212 Broadway New York New York 10001 Retail Anchored 1929 2016 2,175  SF
23 Loan 82 CGMRC CGMRC The Tower at OPOP NAP NAP 411 North 8th Street St. Louis Missouri 63101 Multifamily High-Rise with Retail 2009 2014 128  Units
24 Loan   CREFI CREFI DeKalb Tech Center NAP NAP 3980 and 4000 DeKalb Technology Parkway Atlanta Georgia 30340 Industrial Flex 1985, 1988 NAP 284,206  SF
25 Loan   CGMRC CGMRC BJ’s Farmingdale NAP NAP 50 Daniel Street Farmingdale New York 11735 Retail Single Tenant Retail 2002 NAP 108,532  SF
26 Loan 83 CREFI CREFI Walden Brook Apartments NAP NAP 100 Walden Brook Drive Lithonia Georgia 30038 Multifamily Garden 2003 NAP 256  Units
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk NAP NAP 800 Scudders Mill Road Plainsboro New Jersey 08536 Office Suburban 1985 2013 761,824  SF
28 Loan 89 CGMRC CGMRC East Park Tower NAP NAP 5242 South Hyde Park Boulevard Chicago Illinois 60615 Multifamily High-Rise with Retail 1922 2012 135  Units
29 Loan 90 PCC PCC El Camino Shopping Center NAP NAP 2025 El Camino Real Santa Clara California 95050 Retail Anchored 1956, 1962 2014 82,892  SF
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio NAP NAP         Retail Single Tenant Retail     43,800  SF
30.01 Property       Walgreens Holland - MI     780 Washington Avenue Holland Michigan 49423 Retail Single Tenant Retail 2006 NAP 14,820  SF
30.02 Property       Walgreens Grandview - MO     13000 South US Highway 71 Grandview Missouri 64030 Retail Single Tenant Retail 2005 NAP 14,490  SF
30.03 Property       Walgreens Memphis TN     1201 Getwell Road Memphis Tennessee 38111 Retail Single Tenant Retail 2004 NAP 14,490  SF
31 Loan 93, 94 Natixis Natixis Rentar Plaza NAP NAP 66-26 Metropolitan Avenue Middle Village New York 11379 Mixed Use Office/Retail/Warehouse 1974 NAP 1,567,208  SF
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF NAP NAP 11651 University Boulevard Orlando Florida 32817 Hospitality Extended Stay 2000 2015 99  Rooms
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery NAP NAP         Self Storage Self Storage     201,509  SF
33.01 Property       AA Self Storage     6307 Licking Pike Cold Spring Kentucky 41076 Self Storage Self Storage 2001 NAP 66,150  SF
33.02 Property       Mini Flex Storage - Troy Highway     4220 Troy Highway Montgomery Alabama 36116 Self Storage Self Storage 1980-2002 2007 99,546  SF
33.03 Property       Mini Flex Storage - Troy Annex     4365 Virginia Loop Road Montgomery Alabama 36116 Self Storage Self Storage 1979, 1984 NAP 35,813  SF
34 Loan   Natixis Natixis Pacific Place NAP NAP 500 South Sepulveda Boulevard Manhattan Beach California 90266 Office Medical Office 1976 NAP 35,915  SF
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center NAP NAP 10095 Brose Drive Vance Alabama 35490 Industrial Warehouse/Distribution 2004, 2009 NAP 604,000  SF
36 Loan   PCC PCC 400 Manley NAP NAP 400 Manley Street West Bridgewater Massachusetts 02379 Industrial Warehouse/Distribution 1986 NAP 214,400  SF
37 Loan 103 Natixis Natixis Home Center Village NAP NAP 2505 Chastain Meadows Parkway Marietta Georgia 30066 Retail Shadow Anchored 1988 2014 87,292  SF
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points NAP NAP 1600 Cumberland Avenue West Lafayette Indiana 47906 Hospitality Full Service 1974 2007-2009, 2012, 2017 171  Rooms
39 Loan   CGMRC CGMRC Mill Creek Self Storage NAP NAP 120 North Mill Creek Road Noblesville Indiana 46064 Self Storage Self Storage 1996-2014 NAP 89,035  SF
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana NAP NAP         Retail Single Tenant Retail     29,310  SF
40.01 Property       Walgreens Moorhead - MN     900 Main Avenue Moorhead Minnesota 56560 Retail Single Tenant Retail 2006 NAP 14,490  SF
40.02 Property       Walgreens Thibodaux - LA     1000 South Acadia Road Thibodaux Louisiana 70301 Retail Single Tenant Retail 2009 NAP 14,820  SF
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline NAP NAP 3201 Wake Forest Road Raleigh North Carolina 27609 Hospitality Limited Service 1985 1995, 2004, 2005, 2008 and 2012 135  Rooms
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls NAP NAP 780 Lindsay Boulevard Idaho Falls Idaho 83402 Hospitality Full Service 1988 2013-2014 161  Rooms
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run NAP NAP 11911 Dixie Highway Birch Run Michigan 48415 Hospitality Limited Service 1997 2012-2013 99  Rooms
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio NAP NAP         Manufactured Housing Manufactured Housing     305  Pads
44.01 Property       Twin Wells MHC     3946 Reid Avenue Lorain Ohio 44052 Manufactured Housing Manufactured Housing 1966 NAP 117  Pads
44.02 Property       Carey Estates     811 East Findlay Street Carey Ohio 43316 Manufactured Housing Manufactured Housing 1976 NAP 78  Pads
44.03 Property       Colonial Estates     501 North U.S. 131 White Pigeon Michigan 49099 Manufactured Housing Manufactured Housing 1968 NAP 110  Pads
45 Loan 117, 118 Natixis Natixis Best Western Vermont NAP NAP 220 Northside Drive Bennington Vermont 05201 Hospitality Limited Service 1958 2013-2014 58  Rooms
46 Loan   CREFI CREFI Storage Center - Colorado Springs NAP NAP 7230 Space Village Avenue Colorado Springs Colorado 80929 Self Storage Self Storage 2003 NAP 36,250  SF

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Loan Per Unit ($) Ownership Interest Original Balance ($) Cut-off Date Balance ($) Allocated Cut-off Date Loan Amount ($) % of Initial Pool Balance Balloon Balance ($) Mortgage Loan Rate (%) Administrative Fee Rate (%) (1) Net Mortgage Loan Rate (%) Monthly Debt Service ($) (2) Annual Debt Service ($)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 217.59 Fee Simple 74,700,000 74,700,000   7.3% 74,700,000 4.06000% 0.0142% 4.0458% 256,245.21 3,074,942.50
1.01 Property       51 JFK Parkway   Fee Simple     42,000,000 4.1%            
1.02 Property       101 JFK Parkway   Fee Simple     20,100,000 2.0%            
1.03 Property       103 JFK Parkway   Fee Simple     12,600,000 1.2%            
2 Loan 12, 13 CREFI CREFI 50 Broadway 176.14 Fee Simple 62,000,000 62,000,000 62,000,000 6.0% 62,000,000 4.13000% 0.0129% 4.1171% 216,346.99 2,596,163.89
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 92.07 Fee Simple/Leasehold 50,000,000 50,000,000 50,000,000 4.9% 40,788,164 5.31000% 0.0191% 5.2909% 301,396.38 3,616,756.59
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 133.77 Fee Simple 50,000,000 50,000,000 50,000,000 4.9% 42,880,986 4.66000% 0.0223% 4.6377% 258,118.16 3,097,417.92
5 Loan 30 PCC PCC Cascade Village 135.92 Fee Simple 50,000,000 50,000,000 50,000,000 4.9% 43,916,106 4.65000% 0.0204% 4.6296% 257,818.40 3,093,820.80
6 Loan   CGMRC CGMRC 19000 Homestead Road 408.56 Fee Simple 41,000,000 41,000,000 41,000,000 4.0% 41,000,000 4.49000% 0.0129% 4.4771% 155,539.00 1,866,468.06
7 Loan 31 PCC PCC Veteran’s Plaza 640.00 Fee Simple 40,000,000 40,000,000 40,000,000 3.9% 36,613,529 4.52000% 0.0304% 4.4896% 203,149.74 2,437,796.88
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 141.71 Fee Simple 38,500,000 38,500,000 38,500,000 3.8% 38,500,000 4.79000% 0.0129% 4.7771% 155,813.60 1,869,763.19
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 93.05 Fee Simple 35,125,000 35,034,312 35,034,312 3.4% 28,794,298 4.92000% 0.0157% 4.9043% 186,844.99 2,242,139.86
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 1,147.08 Fee Simple 30,000,000 30,000,000 30,000,000 2.9% 30,000,000 4.00550% 0.0129% 3.9926% 101,528.30 1,218,339.58
11 Loan 44, 45 PCC PCC Plaza de Hacienda 192.60 Fee Simple 29,750,000 29,750,000 29,750,000 2.9% 27,400,684 4.91000% 0.0204% 4.8896% 158,072.08 1,896,864.96
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 230.11 Fee Simple/Leasehold 29,500,000 29,500,000 29,500,000 2.9% 29,500,000 4.55400% 0.0129% 4.5411% 113,507.40 1,362,088.75
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 276.50 Fee Simple 29,000,000 29,000,000 29,000,000 2.8% 29,000,000 4.73000% 0.0129% 4.7171% 115,895.95 1,390,751.39
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 115,654.93 Various 28,000,000 27,962,345   2.7% 21,486,328 5.73000% 0.0129% 5.7171% 175,811.54 2,109,738.52
14.01 Property       Hilton Anchorage   Fee Simple     15,917,027 1.6%            
14.02 Property       Renaissance Concourse Atlanta Airport Hotel   Leasehold     12,045,318 1.2%            
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 1,201.70 Fee Simple 26,000,000 26,000,000 26,000,000 2.5% 26,000,000 4.91000% 0.0129% 4.8971% 107,860.88 1,294,330.56
16 Loan   PCC PCC Goodlett Farms Business Campus 69.06 Fee Simple 25,200,000 25,200,000 25,200,000 2.5% 25,200,000 4.48000% 0.0404% 4.4396% 95,386.67 1,144,640.00
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 240.64 Fee Simple 24,700,000 24,700,000 24,700,000 2.4% 22,697,545 4.77000% 0.0129% 4.7571% 129,144.82 1,549,737.85
18 Loan 69, 70, 71 Natixis Natixis SAP Building 428.76 Leasehold 24,130,276 24,130,276 24,130,276 2.4% 16,871,417 5.99490% 0.0129% 5.9820% 245,206.68 2,942,480.16
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 210.39 Fee Simple 24,000,000 24,000,000 24,000,000 2.3% 24,000,000 3.38120% 0.0129% 3.3683% 68,563.22 822,758.67
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 633.52 Fee Simple 21,750,000 21,750,000 21,750,000 2.1% 20,063,263 5.02000% 0.0129% 5.0071% 117,024.70 1,404,296.41
21 Loan 76 Natixis Natixis QLIC 344,418.05 Fee Simple 20,000,000 20,000,000 20,000,000 2.0% 20,000,000 4.39970% 0.0129% 4.3868% 74,346.78 892,161.39
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 749.17 Fee Simple 20,000,000 20,000,000   2.0% 20,000,000 4.61000% 0.0129% 4.5971% 77,900.46 934,805.56
22.01 Property       1214- 1216 Broadway   Fee Simple     13,393,095 1.3%            
22.02 Property       1204 Broadway   Fee Simple     6,045,028 0.6%            
22.03 Property       1212 Broadway   Fee Simple     561,878 0.1%            
23 Loan 82 CGMRC CGMRC The Tower at OPOP 156,250.00 Fee Simple 20,000,000 20,000,000 20,000,000 2.0% 18,386,576 4.79000% 0.0129% 4.7771% 104,812.21 1,257,746.58
24 Loan   CREFI CREFI DeKalb Tech Center 68.54 Fee Simple 19,500,000 19,478,490 19,478,490 1.9% 15,948,497 4.84000% 0.0129% 4.8271% 102,781.74 1,233,380.91
25 Loan   CGMRC CGMRC BJ’s Farmingdale 158.61 Fee Simple 17,274,900 17,214,189 17,214,189 1.7% 14,273,321 5.16000% 0.0129% 5.1471% 94,431.95 1,133,183.35
26 Loan 83 CREFI CREFI Walden Brook Apartments 62,500.00 Fee Simple 16,000,000 16,000,000 16,000,000 1.6% 13,891,433 5.14000% 0.0129% 5.1271% 87,265.64 1,047,187.73
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 220.92 Fee Simple 15,000,000 15,000,000 15,000,000 1.5% 15,000,000 3.48200% 0.0129% 3.4691% 44,129.51 529,554.17
28 Loan 89 CGMRC CGMRC East Park Tower 110,000.00 Fee Simple 14,850,000 14,850,000 14,850,000 1.4% 14,850,000 4.48000% 0.0129% 4.4671% 56,210.00 674,520.00
29 Loan 90 PCC PCC El Camino Shopping Center 174.93 Fee Simple 14,500,000 14,500,000 14,500,000 1.4% 14,500,000 4.44000% 0.0204% 4.4196% 54,395.14 652,741.67
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio 291.69 Fee Simple 12,776,000 12,776,000   1.2% 11,560,727 5.04000% 0.0129% 5.0271% 68,897.00 826,763.95
30.01 Property       Walgreens Holland - MI   Fee Simple     4,777,000 0.5%            
30.02 Property       Walgreens Grandview - MO   Fee Simple     4,489,000 0.4%            
30.03 Property       Walgreens Memphis TN   Fee Simple     3,510,000 0.3%            
31 Loan 93, 94 Natixis Natixis Rentar Plaza 84.23 Fee Simple 12,000,000 12,000,000 12,000,000 1.2% 12,000,000 3.48200% 0.0129% 3.4691% 35,303.61 423,643.33
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 120,913.64 Fee Simple 12,000,000 11,970,451 11,970,451 1.2% 9,929,970 5.21000% 0.0604% 5.1496% 65,967.46 791,609.46
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery 57.57 Fee Simple 11,600,000 11,600,000   1.1% 10,294,992 5.12000% 0.0604% 5.0596% 63,124.81 757,497.68
33.01 Property       AA Self Storage   Fee Simple     5,250,000 0.5%            
33.02 Property       Mini Flex Storage - Troy Highway   Fee Simple     5,050,000 0.5%            
33.03 Property       Mini Flex Storage - Troy Annex   Fee Simple     1,300,000 0.1%            
34 Loan   Natixis Natixis Pacific Place 306.28 Fee Simple 11,000,000 11,000,000 11,000,000 1.1% 11,000,000 4.86000% 0.0129% 4.8471% 45,168.75 542,025.00
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 37.67 Fee Simple 10,000,000 10,000,000 10,000,000 1.0% 8,789,757 4.68000% 0.0129% 4.6671% 51,743.64 620,923.66
36 Loan   PCC PCC 400 Manley 46.59 Fee Simple 10,000,000 9,989,348 9,989,348 1.0% 8,219,284 4.99000% 0.0204% 4.9696% 53,621.06 643,452.72
37 Loan 103 Natixis Natixis Home Center Village 89.36 Fee Simple 7,800,000 7,800,000 7,800,000 0.8% 6,771,992 4.15000% 0.0129% 4.1371% 37,916.06 454,992.71
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 42,397.66 Fee Simple 7,250,000 7,250,000 7,250,000 0.7% 5,633,112 6.10000% 0.0129% 6.0871% 47,156.03 565,872.37
39 Loan   CGMRC CGMRC Mill Creek Self Storage 78.99 Fee Simple 7,050,000 7,033,115 7,033,115 0.7% 5,865,284 5.38000% 0.0129% 5.3671% 39,499.95 473,999.41
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana 225.86 Fee Simple 6,620,000 6,620,000   0.6% 6,620,000 4.87000% 0.0129% 4.8571% 27,239.31 326,871.69
40.01 Property       Walgreens Moorhead - MN   Fee Simple     3,490,000 0.3%            
40.02 Property       Walgreens Thibodaux - LA   Fee Simple     3,130,000 0.3%            
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 48,737.42 Fee Simple 6,600,000 6,579,552 6,579,552 0.6% 5,093,721 5.91300% 0.0129% 5.9001% 42,173.59 506,083.06
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 32,128.29 Fee Simple 5,300,575 5,172,655 5,172,655 0.5% 4,111,869 6.05000% 0.0129% 6.0371% 34,313.87 411,766.43
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 52,213.98 Fee Simple 5,200,000 5,169,184 5,169,184 0.5% 3,985,110 5.70000% 0.0129% 5.6871% 32,556.60 390,679.18
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio 16,393.44 Fee Simple 5,000,000 5,000,000   0.5% 4,145,263 5.26000% 0.0129% 5.2471% 27,641.16 331,693.95
44.01 Property       Twin Wells MHC   Fee Simple     2,130,000 0.2%            
44.02 Property       Carey Estates   Fee Simple     1,480,000 0.1%            
44.03 Property       Colonial Estates   Fee Simple     1,390,000 0.1%            
45 Loan 117, 118 Natixis Natixis Best Western Vermont 45,483.66 Fee Simple 2,660,000 2,638,052 2,638,052 0.3% 2,185,842 4.99000% 0.0129% 4.9771% 14,263.20 171,158.43
46 Loan   CREFI CREFI Storage Center - Colorado Springs 67.59 Fee Simple 2,450,000 2,450,000 2,450,000 0.2% 2,133,497 5.25000% 0.0129% 5.2371% 13,528.99 162,347.89

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Pari Companion Loan Monthly Debt Service ($) Pari Companion Loan Annual Debt Service ($) Amortization Type Interest Accrual Method Seasoning (Mos.) Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Due Date
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 170,830.14 2,049,961.67 Interest Only Actual/360 0 120 120 120 120 0 0 3/6/2017 1
1.01 Property       51 JFK Parkway                          
1.02 Property       101 JFK Parkway                          
1.03 Property       103 JFK Parkway                          
2 Loan 12, 13 CREFI CREFI 50 Broadway     Interest Only Actual/360 0 120 120 120 120 0 0 3/14/2017 1
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 1,024,747.70 12,296,972.40 Interest Only, Then Amortizing Actual/360 2 24 22 120 118 300 300 1/31/2017 6
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 113,571.99 1,362,863.88 Interest Only, Then Amortizing Actual/360 2 24 22 120 118 360 360 2/1/2017 1
5 Loan 30 PCC PCC Cascade Village     Interest Only, Then Amortizing Actual/360 1 36 35 120 119 360 360 2/14/2017 1
6 Loan   CGMRC CGMRC 19000 Homestead Road     Interest Only Actual/360 3 120 117 120 117 0 0 12/30/2016 6
7 Loan 31 PCC PCC Veteran’s Plaza     Interest Only, Then Amortizing Actual/360 1 58 57 118 117 360 360 3/13/2017 1
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II     Interest Only ARD Actual/360 4 120 116 120 116 0 0 11/10/2016 5
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 106,388.61 1,276,663.27 Amortizing Actual/360 2 0 0 120 118 360 358 1/25/2017 6
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 862,990.54 10,355,886.50 Interest Only Actual/360 5 120 115 120 115 0 0 10/13/2016 6
11 Loan 44, 45 PCC PCC Plaza de Hacienda     Interest Only, Then Amortizing Actual/360 1 60 59 120 119 360 360 3/1/2017 5
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 223,167.08 2,678,005.00 Interest Only Actual/360 5 60 55 60 55 0 0 11/4/2016 5
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 363,673.50 4,364,081.94 Interest Only Actual/360 3 120 117 120 117 0 0 1/5/2017 6
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 546,271.58 6,555,258.97 Amortizing Actual/360 1 0 0 120 119 300 299 3/2/2017 6
14.01 Property       Hilton Anchorage                          
14.02 Property       Renaissance Concourse Atlanta Airport Hotel                          
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard     Interest Only Actual/360 3 120 117 120 117 0 0 1/6/2017 6
16 Loan   PCC PCC Goodlett Farms Business Campus     Interest Only Actual/360 2 60 58 60 58 0 0 1/31/2017 1
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building     Interest Only, Then Amortizing Actual/360 2 60 58 120 118 360 360 1/31/2017 5
18 Loan 69, 70, 71 Natixis Natixis SAP Building     Interest Only, Then Amortizing Actual/360 1 64 63 120 119 204 204 2/7/2017 5
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 109,219.58 1,310,634.95 Interest Only Actual/360 2 60 58 60 58 0 0 1/13/2017 6
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue     Interest Only, Then Amortizing Actual/360 2 60 58 120 118 360 360 2/2/2017 6
21 Loan 76 Natixis Natixis QLIC 464,667.39 5,576,008.68 Interest Only Actual/360 15 120 105 120 105 0 0 12/28/2015 5
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 148,010.88 1,776,130.56 Interest Only Actual/360 4 120 116 120 116 0 0 11/18/2016 5
22.01 Property       1214- 1216 Broadway                          
22.02 Property       1204 Broadway                          
22.03 Property       1212 Broadway                          
23 Loan 82 CGMRC CGMRC The Tower at OPOP     Interest Only, Then Amortizing Actual/360 1 60 59 120 119 360 360 2/28/2017 6
24 Loan   CREFI CREFI DeKalb Tech Center     Amortizing Actual/360 1 0 0 120 119 360 359 2/10/2017 6
25 Loan   CGMRC CGMRC BJ’s Farmingdale     Amortizing Actual/360 3 0 0 120 117 360 357 12/9/2016 6
26 Loan 83 CREFI CREFI Walden Brook Apartments     Interest Only, Then Amortizing Actual/360 2 24 22 120 118 360 360 1/31/2017 6
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 451,003.63 5,412,043.58 Interest Only ARD Actual/360 7 60 53 60 53 0 0 8/11/2016 5
28 Loan 89 CGMRC CGMRC East Park Tower     Interest Only Actual/360 1 120 119 120 119 0 0 3/1/2017 1
29 Loan 90 PCC PCC El Camino Shopping Center     Interest Only Actual/360 0 120 120 120 120 0 0 3/7/2017 1
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio     Interest Only, Then Amortizing Actual/360 1 48 47 120 119 360 360 2/14/2017 6
30.01 Property       Walgreens Holland - MI                          
30.02 Property       Walgreens Grandview - MO                          
30.03 Property       Walgreens Memphis TN                          
31 Loan 93, 94 Natixis Natixis Rentar Plaza 353,036.11 4,236,433.33 Interest Only Actual/360 7 120 113 120 113 0 0 8/31/2016 5
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF     Amortizing Actual/360 2 0 0 120 118 360 358 2/1/2017 6
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery     Interest Only, Then Amortizing Actual/360 1 36 35 120 119 360 360 3/2/2017 6
33.01 Property       AA Self Storage                          
33.02 Property       Mini Flex Storage - Troy Highway                          
33.03 Property       Mini Flex Storage - Troy Annex                          
34 Loan   Natixis Natixis Pacific Place     Interest Only Actual/360 4 120 116 120 116 0 0 12/9/2016 10
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 65,973.14 791,677.67 Interest Only, Then Amortizing Actual/360 3 36 33 120 117 360 360 12/14/2016 6
36 Loan   PCC PCC 400 Manley     Amortizing Actual/360 1 0 0 120 119 360 359 2/28/2017 1
37 Loan 103 Natixis Natixis Home Center Village     Interest Only, Then Amortizing Actual/360 4 36 32 120 116 360 360 11/8/2016 5
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points     Amortizing Actual/360 0 0 0 120 120 300 300 3/10/2017 5
39 Loan   CGMRC CGMRC Mill Creek Self Storage     Amortizing Actual/360 2 0 0 120 118 360 358 1/30/2017 6
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana     Interest Only Actual/360 0 120 120 120 120 0 0 3/7/2017 6
40.01 Property       Walgreens Moorhead - MN                          
40.02 Property       Walgreens Thibodaux - LA                          
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline     Amortizing Actual/360 2 0 0 120 118 300 298 1/6/2017 5
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls     Amortizing Actual/360 17 0 0 120 103 300 283 11/2/2015 5
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run     Amortizing Actual/360 4 0 0 120 116 300 296 11/10/2016 5
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio     Amortizing Actual/360 0 0 0 120 120 360 360 3/14/2017 6
44.01 Property       Twin Wells MHC                          
44.02 Property       Carey Estates                          
44.03 Property       Colonial Estates                          
45 Loan 117, 118 Natixis Natixis Best Western Vermont     Amortizing Actual/360 7 0 0 120 113 360 353 8/19/2016 5
46 Loan   CREFI CREFI Storage Center - Colorado Springs     Interest Only, Then Amortizing Actual/360 1 24 23 120 119 360 360 3/3/2017 6

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name First Due Date Last IO Due Date First P&I Due Date Maturity Date / ARD ARD
(Yes / No)		 Final Maturity Date Grace Period- Late Fee Grace Period- Default Prepayment Provision (3) 2013 EGI ($) 2013 Expenses ($) 2013 NOI ($) 2014 EGI ($) 2014 Expenses ($)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 5/1/2017 4/1/2027   4/1/2027 No   0 5 Lockout/24_Defeasance/92_0%/4 19,511,326 7,155,173 12,356,153 21,742,031 7,732,085
1.01 Property       51 JFK Parkway                   8,735,104 3,611,984 5,123,120 10,504,623 4,094,257
1.02 Property       101 JFK Parkway                   7,341,228 2,456,149 4,885,079 7,332,748 2,518,519
1.03 Property       103 JFK Parkway                   3,434,994 1,087,040 2,347,954 3,904,660 1,119,309
2 Loan 12, 13 CREFI CREFI 50 Broadway 5/1/2017 4/1/2027   4/1/2027 No   0 3 Lockout/24_Defeasance/92_0%/4 12,365,108 7,539,291 4,825,817 13,122,648 7,874,418
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 3/6/2017 2/6/2019 3/6/2019 2/6/2027 No   0 0 Lockout/26_Defeasance/90_0%/4 65,945,696 37,890,186 28,055,510 64,203,206 38,208,804
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 3/1/2017 2/1/2019 3/1/2019 2/1/2027 No   0 5 Lockout/26_Defeasance or YM1%/90_0%/4 12,245,464 6,187,777 6,057,687 11,785,441 6,235,053
5 Loan 30 PCC PCC Cascade Village 4/1/2017 3/1/2020 4/1/2020 3/1/2027 No   0 5 Lockout/25_Defeasance/88_0%/7 5,671,496 1,498,060 4,173,436 5,765,117 1,566,028
6 Loan   CGMRC CGMRC 19000 Homestead Road 2/6/2017 1/6/2027   1/6/2027 No   0 0 Lockout/27_Defeasance/90_0%/3 N/A N/A N/A 4,108,992 N/A
7 Loan 31 PCC PCC Veteran’s Plaza 4/1/2017 1/1/2022 2/1/2022 1/1/2027 No   0 5 Lockout/25_Defeasance/88_0%/5 3,848,375 431,268 3,417,107 3,903,696 403,641
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 1/5/2017 12/5/2026   12/5/2026 Yes 12/5/2036 0 0 Lockout/28_Defeasance/88_0%/4 2,570,967 56,909 2,514,058 2,679,590 60,227
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 3/6/2017   3/6/2017 2/6/2027 No   0 0 Lockout/26_Defeasance/90_0%/4 10,210,335 3,849,400 6,360,935 10,868,464 4,481,352
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 12/6/2016 11/6/2026   11/6/2026 No   0 0 Lockout/29_Defeasance/84_0%/7 16,672,907 7,051,784 9,621,123 17,393,374 5,444,159
11 Loan 44, 45 PCC PCC Plaza de Hacienda 4/5/2017 3/5/2022 4/5/2022 3/5/2027 No   0 0 Lockout/25_Defeasance/90_0%/5 3,087,717 757,852 2,329,865 2,926,017 750,740
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 12/5/2016 11/5/2021   11/5/2021 No   0 0 Lockout/29_Defeasance/28_0%/3 14,983,728 5,914,718 9,069,010 12,235,559 5,917,082
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 2/6/2017 1/6/2027   1/6/2027 No   0 0 Lockout/27_Defeasance/89_0%/4 15,897,602 7,311,771 8,585,831 16,165,456 8,044,808
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 4/6/2017   4/6/2017 3/6/2027 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A 49,678,772 34,076,117
14.01 Property       Hilton Anchorage                   N/A N/A N/A 25,072,441 15,359,740
14.02 Property       Renaissance Concourse Atlanta Airport Hotel                   N/A N/A N/A 24,606,331 18,716,377
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 2/6/2017 1/6/2027   1/6/2027 No   0 0 Lockout/27_Defeasance/89_0%/4 N/A N/A N/A N/A N/A
16 Loan   PCC PCC Goodlett Farms Business Campus 3/1/2017 2/1/2022   2/1/2022 No   0 5 Lockout/26_Defeasance/30_0%/4 N/A N/A N/A 6,070,798 3,266,037
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 3/5/2017 2/5/2022 3/5/2022 2/5/2027 No   0 0 Lockout/26_Defeasance/91_0%/3 2,077,815 1,308,657 769,158 2,059,480 1,159,110
18 Loan 69, 70, 71 Natixis Natixis SAP Building 4/5/2017 7/5/2022 8/5/2022 3/5/2027 No   0 0 Lockout/25_Defeasance/92_0%/3 2,534,131 597,412 1,936,719 3,630,183 704,334
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 3/6/2017 2/6/2022   2/6/2022 No   0 0 Lockout/26_Defeasance or YM1%/30_0%/4 N/A N/A N/A N/A N/A
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 3/6/2017 2/6/2022 3/6/2022 2/6/2027 No   0 0 Lockout/26_Defeasance/90_0%/4 1,894,880 470,365 1,424,515 1,941,118 532,460
21 Loan 76 Natixis Natixis QLIC 2/5/2016 1/5/2026   1/5/2026 No   5 2 Lockout/39_Defeasance/78_0%/3 N/A N/A N/A N/A N/A
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 1/5/2017 12/5/2026   12/5/2026 No   0 0 Lockout/28_Defeasance/88_0%/4 N/A N/A N/A 4,052,691 1,558,454
22.01 Property       1214- 1216 Broadway                   N/A N/A N/A 2,565,270 904,104
22.02 Property       1204 Broadway                   N/A N/A N/A 997,549 518,085
22.03 Property       1212 Broadway                   N/A N/A N/A 489,872 136,264
23 Loan 82 CGMRC CGMRC The Tower at OPOP 4/6/2017 3/6/2022 4/6/2022 3/6/2027 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A N/A N/A
24 Loan   CREFI CREFI DeKalb Tech Center 4/6/2017   4/6/2017 3/6/2027 No   0 0 Lockout/25_YM1%/91_0%/4 N/A N/A N/A 2,014,472 615,851
25 Loan   CGMRC CGMRC BJ’s Farmingdale 2/6/2017   2/6/2017 1/6/2027 No   0 0 Lockout/27_Defeasance/89_0%/4 1,356,017 51,981 1,304,036 1,479,291 56,779
26 Loan 83 CREFI CREFI Walden Brook Apartments 3/6/2017 2/6/2019 3/6/2019 2/6/2027 No   0 0 Lockout/26_Defeasance/91_0%/3 N/A N/A N/A 2,405,277 1,446,306
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 10/5/2016 9/5/2021   9/5/2021 Yes 4/30/2031 0 0 Lockout/31_Defeasance/26_0%/3 N/A N/A N/A 24,738,338 10,261,687
28 Loan 89 CGMRC CGMRC East Park Tower 4/1/2017 3/1/2027   3/1/2027 No   0 0 Lockout/25_Defeasance/92_0%/3 N/A N/A N/A 1,829,218 757,640
29 Loan 90 PCC PCC El Camino Shopping Center 5/1/2017 4/1/2027   4/1/2027 No   0 0 Lockout/24_Defeasance/92_0%/4 1,846,428 418,566 1,427,862 1,960,977 451,689
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio 4/6/2017 3/6/2021 4/6/2021 3/6/2027 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A N/A N/A
30.01 Property       Walgreens Holland - MI                   N/A N/A N/A N/A N/A
30.02 Property       Walgreens Grandview - MO                   N/A N/A N/A N/A N/A
30.03 Property       Walgreens Memphis TN                   N/A N/A N/A N/A N/A
31 Loan 93, 94 Natixis Natixis Rentar Plaza 10/5/2016 9/5/2026   9/5/2026 No   0 0 Lockout/31_Defeasance or YM1%/85_0%/4 21,519,639 10,648,190 10,871,449 23,466,573 11,130,209
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 3/6/2017   3/6/2017 2/6/2027 No   0 0 Lockout/26_Defeasance/90_0%/4 2,877,710 1,840,949 1,036,761 2,936,032 1,919,437
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery 4/6/2017 3/6/2020 4/6/2020 3/6/2027 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A 1,463,295 688,208
33.01 Property       AA Self Storage                   N/A N/A N/A 592,539 151,232
33.02 Property       Mini Flex Storage - Troy Highway                   N/A N/A N/A 674,211 394,148
33.03 Property       Mini Flex Storage - Troy Annex                   N/A N/A N/A 196,546 142,828
34 Loan   Natixis Natixis Pacific Place 1/10/2017 12/10/2026   12/10/2026 No   0 0 Lockout/28_Defeasance/88_0%/4 1,095,534 309,822 785,712 1,208,493 242,150
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 2/6/2017 1/6/2020 2/6/2020 1/6/2027 No   0 0 Lockout/27_Defeasance/87_0%/6 N/A N/A N/A 2,937,182 840,049
36 Loan   PCC PCC 400 Manley 4/1/2017   4/1/2017 3/1/2027 No   0 5 Lockout/25_Defeasance/91_0%/4 900,962 370,081 530,880 933,437 364,339
37 Loan 103 Natixis Natixis Home Center Village 1/5/2017 12/5/2019 1/5/2020 12/5/2026 No   0 0 Lockout/28_Defeasance or YM1%/88_0%/4 1,260,852 262,546 998,306 1,170,826 171,346
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 5/5/2017   5/5/2017 4/5/2027 No   0 0 Lockout/24_Defeasance/93_0%/3 3,769,447 3,279,413 490,034 4,409,838 3,492,134
39 Loan   CGMRC CGMRC Mill Creek Self Storage 3/6/2017   3/6/2017 2/6/2027 No   0 0 Lockout/26_Defeasance/90_0%/4 691,685 235,460 456,225 819,861 253,626
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana 5/6/2017 4/6/2027   4/6/2027 No   0 0 Lockout/24_Defeasance/93_0%/3 662,400 N/A 662,400 662,400 N/A
40.01 Property       Walgreens Moorhead - MN                   352,400 N/A 352,400 352,400 N/A
40.02 Property       Walgreens Thibodaux - LA                   310,000 N/A 310,000 310,000 N/A
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 3/5/2017   3/5/2017 2/5/2027 No   0 0 Lockout/26_Defeasance/91_0%/3 1,538,669 887,614 651,055 1,830,201 938,661
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 12/5/2015   12/5/2015 11/5/2025 No   0 0 Lockout/41_Defeasance/76_0%/3 1,680,791 1,362,163 318,628 1,879,662 1,429,482
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 1/5/2017   1/5/2017 12/5/2026 No   0 0 Lockout/28_Defeasance/89_0%/3 1,777,341 1,139,156 638,185 1,745,682 1,126,730
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio 5/6/2017   5/6/2017 4/6/2027 No   0 0 Lockout/24_Defeasance/92_0%/4 N/A N/A N/A N/A N/A
44.01 Property       Twin Wells MHC                   333,996 133,618 200,378 368,147 123,586
44.02 Property       Carey Estates                   N/A N/A N/A N/A N/A
44.03 Property       Colonial Estates                   N/A N/A N/A 242,977 157,019
45 Loan 117, 118 Natixis Natixis Best Western Vermont 10/5/2016   10/5/2016 9/5/2026 No   0 0 Lockout/31_Defeasance or YM1%/86_0%/3 N/A N/A N/A 1,268,871 809,059
46 Loan   CREFI CREFI Storage Center - Colorado Springs 4/6/2017 3/6/2019 4/6/2019 3/6/2027 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A 295,767 116,094

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name 2014 NOI ($) 2015 EGI ($) 2015 Expenses ($) 2015 NOI ($) Most Recent EGI
(if past 2015) ($)		 Most Recent Expenses (if past 2015) ($) Most Recent NOI (if past 2015) ($) Most Recent NOI Date (if past 2015) Most Recent # of months Most Recent Description Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 14,009,946 23,018,857 7,940,125 15,078,732 24,268,523 7,727,841 16,540,682 12/31/2016 12 Trailing 12 25,918,065 7,994,593 17,923,472
1.01 Property       51 JFK Parkway 6,410,366 12,450,290 4,227,670 8,222,620 12,860,527 4,081,784 8,778,743 12/31/2016 12 Trailing 12 13,780,140 4,284,000 9,496,140
1.02 Property       101 JFK Parkway 4,814,229 6,506,749 2,573,686 3,933,063 6,973,468 2,486,861 4,486,607 12/31/2016 12 Trailing 12 7,438,114 2,525,992 4,912,122
1.03 Property       103 JFK Parkway 2,785,351 4,061,818 1,138,769 2,923,049 4,434,528 1,159,196 3,275,332 12/31/2016 12 Trailing 12 4,699,811 1,184,601 3,515,210
2 Loan 12, 13 CREFI CREFI 50 Broadway 5,248,230 13,754,254 8,203,918 5,550,336 13,949,129 8,493,383 5,455,746 12/31/2016 12 Trailing 12 15,330,310 8,656,674 6,673,636
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 25,994,402 63,246,960 39,795,936 23,451,024 59,240,408 39,040,871 20,199,537 12/31/2016 12 Trailing 12 67,329,103 39,219,780 28,109,323
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 5,550,388 12,687,558 6,241,825 6,445,733 11,942,735 6,169,813 5,772,922 12/31/2016 12 Trailing 12 13,210,971 6,471,316 6,739,655
5 Loan 30 PCC PCC Cascade Village 4,199,089 6,268,458 1,623,515 4,644,943 6,412,515 1,667,366 4,745,149 11/30/2016 12 Trailing 12 6,394,513 1,704,790 4,689,723
6 Loan   CGMRC CGMRC 19000 Homestead Road 4,108,992 4,142,850 N/A 4,142,850 4,176,981 N/A 4,176,981 12/31/2016 12 Trailing 12 4,338,364 135,151 4,203,213
7 Loan 31 PCC PCC Veteran’s Plaza 3,500,055 4,107,827 444,355 3,663,472 4,174,539 441,548 3,732,991 12/31/2016 12 Trailing 12 4,543,772 735,880 3,807,892
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 2,619,363 3,222,706 81,743 3,140,963 3,222,708 78,505 3,144,203 8/31/2016 12 Trailing 12 3,628,755 133,608 3,495,147
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 6,387,112 10,573,515 4,015,499 6,558,016 10,960,470 4,315,749 6,644,721 12/31/2016 12 Trailing 12 10,973,297 4,339,847 6,633,451
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 11,949,215 N/A N/A N/A 17,645,886 3,870,185 13,775,701 8/31/2016 10 Annualized 10 Months 25,397,158 3,895,157 21,502,001
11 Loan 44, 45 PCC PCC Plaza de Hacienda 2,175,277 3,194,678 669,887 2,524,791 3,197,243 755,791 2,441,452 12/31/2016 12 Trailing 12 3,214,854 801,643 2,413,211
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 6,318,478 13,283,730 6,628,147 6,655,583 16,218,908 6,473,544 9,745,364 12/31/2016 12 Trailing 12 14,572,808 6,554,110 8,018,698
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 8,120,648 17,507,058 8,444,503 9,062,555 17,760,890 8,465,710 9,295,180 9/30/2016 12 Trailing 12 18,801,753 9,038,441 9,763,312
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 15,602,655 51,526,380 34,932,216 16,594,164 50,552,560 32,379,885 18,172,675 1/31/2017 12 Trailing 12 50,254,774 32,299,375 17,955,399
14.01 Property       Hilton Anchorage 9,712,701 24,591,971 15,257,381 9,334,590 23,073,940 14,450,386 8,623,554 1/31/2017 12 Trailing 12 23,010,897 14,435,058 8,575,839
14.02 Property       Renaissance Concourse Atlanta Airport Hotel 5,889,954 26,934,409 19,674,835 7,259,574 27,478,620 17,929,499 9,549,121 1/31/2017 12 Trailing 12 27,243,877 17,864,317 9,379,560
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard N/A N/A N/A N/A N/A N/A N/A NAV NAV Not Available 2,289,905 368,931 1,920,974
16 Loan   PCC PCC Goodlett Farms Business Campus 2,804,762 6,463,814 3,074,498 3,389,316 6,037,978 2,769,031 3,268,947 12/31/2016 12 Trailing 12 6,594,831 2,924,721 3,670,109
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 900,370 2,662,122 1,308,515 1,353,607 3,513,344 1,262,737 2,250,607 12/31/2016 12 Trailing 12 4,070,629 1,527,636 2,542,993
18 Loan 69, 70, 71 Natixis Natixis SAP Building 2,925,849 3,628,355 537,934 3,090,421 3,664,526 529,041 3,135,485 12/31/2016 12 Trailing 12 4,193,284 398,709 3,794,575
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon N/A N/A N/A N/A N/A N/A N/A NAV NAV Not Available 16,148,162 4,519,828 11,628,334
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 1,408,658 2,003,984 597,964 1,406,020 1,951,667 648,092 1,303,575 12/31/2016 12 Trailing 12 2,389,503 659,075 1,730,428
21 Loan 76 Natixis Natixis QLIC N/A N/A N/A N/A 10,615,394 3,127,689 7,487,706 11/30/2016 11 Annualized 11 Months 15,594,744 3,391,241 12,203,502
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 2,494,238 4,225,978 1,563,412 2,662,566 4,181,976 1,525,832 2,656,144 6/30/2016 12 Trailing 12 6,069,669 1,799,138 4,270,531
22.01 Property       1214- 1216 Broadway 1,661,166 2,212,643 932,341 1,280,302 2,210,286 904,933 1,305,353 6/30/2016 12 Trailing 12 3,544,233 1,046,881 2,497,352
22.02 Property       1204 Broadway 479,464 1,422,097 470,324 951,774 1,352,776 461,787 890,989 6/30/2016 12 Trailing 12 1,940,591 565,939 1,374,652
22.03 Property       1212 Broadway 353,608 591,238 160,747 430,491 618,914 159,112 459,802 6/30/2016 12 Trailing 12 584,845 186,318 398,527
23 Loan 82 CGMRC CGMRC The Tower at OPOP N/A 1,745,754 1,067,992 677,762 2,431,798 1,118,733 1,313,065 12/31/2016 12 Trailing 12 2,633,937 967,297 1,666,640
24 Loan   CREFI CREFI DeKalb Tech Center 1,398,621 2,470,262 631,987 1,838,275 2,471,424 635,380 1,836,044 12/31/2016 12 Trailing 12 2,597,409 634,408 1,963,001
25 Loan   CGMRC CGMRC BJ’s Farmingdale 1,422,512 1,479,291 56,693 1,422,598 1,356,017 56,277 1,299,740 9/30/2016 12 Trailing 12 1,502,246 56,101 1,446,145
26 Loan 83 CREFI CREFI Walden Brook Apartments 958,971 2,538,787 1,495,880 1,042,907 2,820,711 1,520,349 1,300,362 11/30/2016 12 Trailing 12 2,820,711 1,488,430 1,332,281
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 14,476,650 24,562,154 10,163,040 14,399,114 24,599,348 9,911,492 14,687,857 5/31/2016 12 Trailing 12 29,605,904 11,891,591 17,714,312
28 Loan 89 CGMRC CGMRC East Park Tower 1,071,578 1,977,379 763,866 1,213,513 1,970,198 724,904 1,245,294 11/30/2016 12 Trailing 12 2,066,970 743,094 1,323,876
29 Loan 90 PCC PCC El Camino Shopping Center 1,509,288 2,184,621 479,454 1,705,167 2,317,713 523,982 1,793,731 11/30/2016 11 Annualized 11 Months 2,463,567 577,692 1,885,876
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio N/A N/A N/A N/A N/A N/A N/A NAV NAV Not Available 1,159,702 37,149 1,122,553
30.01 Property       Walgreens Holland - MI N/A N/A N/A N/A N/A N/A N/A NAV NAV Not Available 430,063 14,081 415,982
30.02 Property       Walgreens Grandview - MO N/A N/A N/A N/A N/A N/A N/A NAV NAV Not Available 406,700 12,201 394,499
30.03 Property       Walgreens Memphis TN N/A N/A N/A N/A N/A N/A N/A NAV NAV Not Available 322,939 10,867 312,072
31 Loan 93, 94 Natixis Natixis Rentar Plaza 12,336,364 24,453,413 11,580,671 12,872,742 24,383,651 11,274,905 13,108,746 6/30/2016 12 Trailing 12 24,610,323 11,992,475 12,617,848
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 1,016,595 3,623,784 2,134,785 1,488,999 3,732,651 2,164,306 1,568,345 11/30/2016 12 Trailing 12 3,722,453 2,138,498 1,583,955
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery 775,087 1,533,992 655,715 878,277 1,673,944 625,757 1,048,187 12/31/2016 Various Various 1,651,207 657,212 993,995
33.01 Property       AA Self Storage 441,307 599,810 169,210 430,600 669,565 184,609 484,957 12/31/2016 10 Annualized 10 Months 669,565 241,362 428,204
33.02 Property       Mini Flex Storage - Troy Highway 280,063 721,343 399,833 321,510 763,993 374,233 389,760 12/31/2016 12 Trailing 12 763,992 349,229 414,762
33.03 Property       Mini Flex Storage - Troy Annex 53,717 212,839 86,672 126,167 240,386 66,916 173,470 12/31/2016 12 Trailing 12 217,650 66,621 151,028
34 Loan   Natixis Natixis Pacific Place 966,343 1,209,181 250,004 959,177 1,210,758 254,307 956,451 10/31/2016 12 Trailing 12 1,317,007 353,233 963,774
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 2,097,133 3,451,922 916,297 2,535,625 3,490,511 930,590 2,559,921 9/30/2016 12 Trailing 12 3,473,815 1,046,728 2,427,087
36 Loan   PCC PCC 400 Manley 569,098 1,147,097 390,156 756,941 1,290,064 373,632 916,432 12/31/2016 12 Trailing 12 1,274,922 374,369 900,552
37 Loan 103 Natixis Natixis Home Center Village 999,480 995,096 252,463 742,633 1,304,864 262,534 1,042,331 12/31/2016 12 Trailing 12 1,289,718 262,365 1,027,354
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 917,704 4,373,065 3,416,128 956,937 4,446,069 3,415,826 1,030,243 11/30/2016 12 Trailing 12 4,433,921 3,388,302 1,045,619
39 Loan   CGMRC CGMRC Mill Creek Self Storage 566,235 879,910 279,786 600,124 878,093 316,978 561,115 12/31/2016 12 Trailing 12 878,093 273,061 605,032
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana 662,400 662,400 N/A 662,400 662,400 N/A 662,400 12/31/2016 12 Trailing 12 642,528 19,276 623,252
40.01 Property       Walgreens Moorhead - MN 352,400 352,400 N/A 352,400 352,400 N/A 352,400 12/31/2016 12 Trailing 12 341,828 10,255 331,573
40.02 Property       Walgreens Thibodaux - LA 310,000 310,000 N/A 310,000 310,000 N/A 310,000 12/31/2016 12 Trailing 12 300,700 9,021 291,679
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 891,540 2,239,260 1,113,436 1,125,824 2,240,833 1,052,724 1,188,109 9/30/2016 12 Trailing 12 2,234,711 1,061,884 1,172,826
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 450,180 2,302,589 1,460,414 842,175 2,753,756 1,669,963 1,083,793 10/31/2016 12 Trailing 12 2,745,061 1,807,676 937,385
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 618,952 1,674,406 1,031,384 643,022 1,800,259 1,087,583 712,676 9/30/2016 12 Trailing 12 1,800,259 1,101,320 698,939
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio N/A 942,631 404,938 537,693 1,035,502 441,749 593,753 12/31/2016 12 Trailing 12 1,035,502 487,442 548,060
44.01 Property       Twin Wells MHC 244,561 401,561 161,786 239,775 394,410 172,717 221,693 12/31/2016 12 Trailing 12 394,410 189,944 204,466
44.02 Property       Carey Estates N/A 239,179 91,453 147,726 269,309 97,794 171,515 12/31/2016 12 Trailing 12 269,309 109,243 160,066
44.03 Property       Colonial Estates 85,958 301,891 151,699 150,192 371,783 171,238 200,545 12/31/2016 12 Trailing 12 371,783 188,256 183,527
45 Loan 117, 118 Natixis Natixis Best Western Vermont 459,812 1,317,158 782,848 534,310 1,311,770 787,521 524,249 5/31/2016 12 Trailing 12 1,308,186 836,655 471,531
46 Loan   CREFI CREFI Storage Center - Colorado Springs 179,673 303,188 101,391 201,797 321,983 107,709 214,274 12/31/2016 12 Trailing 12 321,983 106,184 215,799

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Debt Yield on Underwritten Net Operating Income (%) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NCF DSCR (x) (4) Debt Yield on Underwritten Net Cash Flow (%) Appraised Value ($) Appraisal Date Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Occupancy (%) (5) Occupancy Date ADR ($) RevPAR ($)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 14.4% 114,434 999,568 16,809,470 3.28 13.5% 276,000,000 2/2/2017 45.1% 45.1% 100.0% 10/27/2016 NAP NAP
1.01 Property       51 JFK Parkway   51,819 479,660 8,964,661     150,000,000 2/2/2017     100.0% 10/27/2016 NAP NAP
1.02 Property       101 JFK Parkway   38,014 314,260 4,559,848     76,000,000 2/2/2017     100.0% 10/27/2016 NAP NAP
1.03 Property       103 JFK Parkway   24,600 205,648 3,284,962     50,000,000 2/2/2017     100.0% 10/27/2016 NAP NAP
2 Loan 12, 13 CREFI CREFI 50 Broadway 10.8% 70,400 510,488 6,092,748 2.35 9.8% 150,000,000 2/2/2017 41.3% 41.3% 89.6% 3/1/2017 NAP NAP
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 12.8% 1,456,034 1,326,153 25,327,136 1.59 11.5% 362,000,000 12/1/2017 60.8% 49.6% Various Various 160.02 107.09
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 9.4% 4,561 437,365 6,297,729 1.41 8.7% 98,000,000 12/15/2016 73.5% 63.0% 93.1% 2/1/2017 NAP NAP
5 Loan 30 PCC PCC Cascade Village 9.4% 121,392 183,928 4,384,403 1.42 8.8% 76,500,000 1/6/2017 65.4% 57.4% 96.9% 2/14/2017 NAP NAP
6 Loan   CGMRC CGMRC 19000 Homestead Road 10.3% 20,070 107,747 4,075,396 2.18 9.9% 71,240,000 12/14/2016 57.6% 57.6% 100.0% 4/6/2017 NAP NAP
7 Loan 31 PCC PCC Veteran’s Plaza 9.5% 12,500 125,000 3,670,392 1.51 9.2% 69,000,000 12/7/2016 58.0% 53.1% 100.0% 4/1/2017 NAP NAP
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 9.1% 54,320 0 3,440,827 1.84 8.9% 61,900,000 8/8/2016 62.2% 62.2% 100.0% 4/5/2017 NAP NAP
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 12.1% 124,093 606,278 5,903,080 1.68 10.7% 76,100,000 12/2/2016 72.3% 59.4% 88.8% Various NAP NAP
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 7.5% 74,537 1,219,809 20,207,655 1.75 7.1% 470,000,000 10/1/2016 60.6% 60.6% 100.0% 10/1/2016 NAP NAP
11 Loan 44, 45 PCC PCC Plaza de Hacienda 8.1% 41,705 38,615 2,332,891 1.23 7.8% 47,000,000 2/4/2017 63.3% 58.3% 100.0% 3/1/2017 NAP NAP
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 9.2% 61,635 570,368 7,386,696 1.83 8.4% 134,000,000 9/6/2016 65.3% 65.3% 79.6% 3/1/2017 NAP NAP
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 8.1% 86,800 710,011 8,966,501 1.56 7.5% 219,000,000 10/26/2016 54.8% 54.8% 97.6% 11/1/2016 NAP NAP
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 15.6% 2,282,630 0 15,672,769 1.81 13.6% 182,000,000 Various 63.1% 48.5% 64.9% 1/31/2017 136.64 88.74
14.01 Property       Hilton Anchorage   920,436 0 7,655,403     103,600,000 12/12/2016     57.6% 1/31/2017 140.30 80.81
14.02 Property       Renaissance Concourse Atlanta Airport Hotel   1,362,194 0 8,017,366     78,400,000 12/30/2016     76.4% 1/31/2017 132.32 101.15
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 7.4% 4,327 18,594 1,898,053 1.47 7.3% 40,700,000 5/1/2017 63.9% 63.9% 100.0% 5/1/2017 NAP NAP
16 Loan   PCC PCC Goodlett Farms Business Campus 14.6% 164,217 364,926 3,140,968 2.74 12.5% 42,750,000 12/14/2016 58.9% 58.9% 94.3% 1/31/2017 NAP NAP
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 10.3% 19,502 108,965 2,414,527 1.56 9.8% 36,800,000 12/7/2016 67.1% 61.7% 98.0% 2/9/2017 NAP NAP
18 Loan 69, 70, 71 Natixis Natixis SAP Building 15.7% 8,442 0 3,786,133 1.29 15.7% 54,400,000 1/19/2017 44.4% 31.0% 100.0% 4/5/2017 NAP NAP
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 18.7% 29,579 0 11,598,755 5.44 18.6% 269,000,000 1/11/2017 23.1% 23.1% 100.0% 1/1/2017 NAP NAP
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 8.0% 5,150 34,332 1,690,946 1.20 7.8% 35,600,000 12/20/2016 61.1% 56.4% 100.0% 12/1/2016 NAP NAP
21 Loan 76 Natixis Natixis QLIC 8.4% 84,200 18,123 12,101,180 1.87 8.3% 255,000,000 8/18/2016 56.9% 56.9% 98.3% 1/17/2017 NAP NAP
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 7.4% 11,613 77,415 4,181,503 1.54 7.2% 97,000,000 8/25/2016 59.8% 59.8% 83.8% 9/2/2016 NAP NAP
22.01 Property       1214- 1216 Broadway   7,777 51,845 2,437,731             81.7% 9/2/2016 NAP NAP
22.02 Property       1204 Broadway   3,510 23,394 1,347,748             87.1% 9/2/2016 NAP NAP
22.03 Property       1212 Broadway   326 2,176 396,025             100.0% 9/2/2016 NAP NAP
23 Loan 82 CGMRC CGMRC The Tower at OPOP 8.3% 32,587 3,910 1,630,143 1.30 8.2% 27,300,000 1/24/2017 73.3% 67.4% 96.1% 2/23/2017 NAP NAP
24 Loan   CREFI CREFI DeKalb Tech Center 10.1% 56,841 197,851 1,708,309 1.39 8.8% 28,100,000 12/23/2016 69.3% 56.8% 82.4% 1/1/2017 NAP NAP
25 Loan   CGMRC CGMRC BJ’s Farmingdale 8.4% 21,706 64,618 1,359,820 1.20 7.9% 25,300,000 10/18/2016 68.0% 56.4% 100.0% 4/6/2017 NAP NAP
26 Loan 83 CREFI CREFI Walden Brook Apartments 8.7% 74,752 0 1,257,529 1.20 8.2% 24,300,000 12/13/2016 63.0% 57.2% 94.1% 1/11/2017 NAP NAP
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 10.5% 38,091 0 17,676,221 2.97 10.5% 319,900,000 6/1/2016 52.6% 52.6% 78.0% 4/5/2017 NAP NAP
28 Loan 89 CGMRC CGMRC East Park Tower 8.9% 42,141 8,802 1,272,933 1.89 8.6% 23,500,000 1/17/2017 63.2% 63.2% 93.3% 12/27/2016 NAP NAP
29 Loan 90 PCC PCC El Camino Shopping Center 13.0% 40,075 62,172 1,783,629 2.73 12.3% 39,500,000 1/12/2017 36.7% 36.7% 100.0% 3/7/2017 NAP NAP
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio 8.8% 6,571 0 1,115,982 1.35 8.7% 19,770,000 Various 64.6% 58.5% 100.0% 4/6/2017 NAP NAP
30.01 Property       Walgreens Holland - MI   2,223 0 413,759     7,075,000 1/18/2017     100.0% 4/6/2017 NAP NAP
30.02 Property       Walgreens Grandview - MO   2,174 0 392,325     6,950,000 1/22/2017     100.0% 4/6/2017 NAP NAP
30.03 Property       Walgreens Memphis TN   2,174 0 309,898     5,745,000 1/1/2017     100.0% 4/6/2017 NAP NAP
31 Loan 93, 94 Natixis Natixis Rentar Plaza 9.6% 156,721 391,802 12,069,325 2.59 9.1% 300,000,000 7/19/2016 44.0% 44.0% 100.0% 9/30/2016 NAP NAP
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 13.2% 148,898 0 1,435,057 1.81 12.0% 15,800,000 10/12/2016 67.2% 55.8% 82.1% 11/30/2016 123.74 101.53
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery 8.8% 20,151 0 973,844 1.29 8.6% 16,200,000 Various 69.8% 63.5% 89.7% Various NAP NAP
33.01 Property       AA Self Storage   6,615 0 421,589     7,100,000 2/7/2017     82.4% 2/1/2017 NAP NAP
33.02 Property       Mini Flex Storage - Troy Highway   9,955 0 404,808     7,400,000 2/10/2017     91.3% 1/7/2017 NAP NAP
33.03 Property       Mini Flex Storage - Troy Annex   3,581 0 147,447     1,700,000 2/10/2017     98.8% 1/26/2017 NAP NAP
34 Loan   Natixis Natixis Pacific Place 8.8% 6,106 53,872 903,797 1.67 8.2% 17,100,000 9/27/2016 64.3% 64.3% 94.6% 12/1/2016 NAP NAP
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 10.7% 60,400 0 2,366,687 1.68 10.4% 36,000,000 10/24/2016 63.2% 55.5% 100.0% 7/1/2016 NAP NAP
36 Loan   PCC PCC 400 Manley 9.0% 21,440 43,030 836,082 1.30 8.4% 13,500,000 1/11/2017 74.0% 60.9% 100.0% 2/28/2017 NAP NAP
37 Loan 103 Natixis Natixis Home Center Village 13.2% 29,679 61,104 936,570 2.06 12.0% 11,500,000 9/21/2016 67.8% 58.9% 98.4% 11/2/2016 NAP NAP
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 14.4% 177,357 0 868,262 1.53 12.0% 11,500,000 12/30/2016 63.0% 49.0% 47.4% 1/31/2017 105.15 50.51
39 Loan   CGMRC CGMRC Mill Creek Self Storage 8.6% 8,904 0 596,128 1.26 8.5% 9,850,000 11/21/2016 71.4% 59.5% 90.8% 12/31/2016 NAP NAP
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana 9.4% 2,931 0 620,321 1.90 9.4% 11,265,000 1/31/2017 58.8% 58.8% 100.0% 4/6/2017 NAP NAP
40.01 Property       Walgreens Moorhead - MN   1,449 0 330,124     5,875,000 1/31/2017     100.0% 4/6/2017 NAP NAP
40.02 Property       Walgreens Thibodaux - LA   1,482 0 290,197     5,390,000 1/31/2017     100.0% 4/6/2017 NAP NAP
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 17.8% 89,388 0 1,083,438 2.14 16.5% 10,240,000 11/8/2016 64.3% 49.7% 75.0% 12/31/2016 57.37 44.01
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 18.1% 137,253 0 800,132 1.94 15.5% 11,400,000 2/8/2017 45.4% 36.1% 47.5% 10/31/2016 93.97 44.77
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 13.5% 72,010 0 626,929 1.60 12.1% 8,040,000 9/7/2016 64.3% 49.6% 56.0% 12/31/2016 89.22 51.21
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio 11.0% 15,250 0 532,810 1.61 10.7% 7,580,000 Various 66.0% 54.7% 88.8% Various NAP NAP
44.01 Property       Twin Wells MHC   5,850 0 198,616     3,370,000 1/18/2017     91.5% 12/31/2016 NAP NAP
44.02 Property       Carey Estates   3,900 0 156,166     2,080,000 1/23/2017     94.9% 1/1/2017 NAP NAP
44.03 Property       Colonial Estates   5,500 0 178,027     2,130,000 1/23/2017     81.5% 1/1/2017 NAP NAP
45 Loan 117, 118 Natixis Natixis Best Western Vermont 17.9% 52,327 0 419,203 2.45 15.9% 3,900,000 6/15/2016 67.6% 56.0% 56.2% 1/31/2017 110.63 60.83
46 Loan   CREFI CREFI Storage Center - Colorado Springs 8.8% 3,625 0 212,173 1.31 8.7% 3,550,000 1/30/2017 69.0% 60.1% 87.7% 2/7/2017 NAP NAP

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Largest Tenant Largest Tenant Sq Ft Largest Tenant Lease Expiration (6) Second Largest Tenant Second Largest Tenant Sq Ft Second Largest Tenant Lease Expiration (6) Third Largest Tenant Third Largest Tenant Sq Ft Third Largest Tenant Lease Expiration (6) Fourth Largest Tenant Fourth Largest Tenant Sq Ft Fourth Largest Tenant Lease Expiration (6) Fifth Largest Tenant Fifth Largest Tenant Sq Ft Fifth Largest Tenant Lease Expiration (6)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio                              
1.01 Property       51 JFK Parkway KPMG 66,606 3/31/2024 Merrill Lynch 33,363 10/31/2021 Wells Fargo 32,108 7/31/2024 DLA Piper 21,164 8/31/2024 RGN Short Hills LLC 20,395 8/31/2026
1.02 Property       101 JFK Parkway Dun & Bradstreet 69,280 3/31/2023 Investors Bank 56,360 11/30/2019 Franklin Mutual Advisors 30,202 9/30/2020 Dentons US LLP 18,950 10/31/2020 Citibank 15,279 7/31/2019
1.03 Property       103 JFK Parkway Dun & Bradstreet 123,001 3/31/2023 NAP     NAP     NAP     NAP    
2 Loan 12, 13 CREFI CREFI 50 Broadway United Federation of Teachers 93,942 8/31/2034 Center for Employment Opportunities, Inc. 25,807 7/31/2029 Mental Health Association of NYC 18,821 4/30/2021 Regency International Business 16,981 2/28/2026 Center for Hearing and Communication 15,029 12/31/2023
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland KeyBank National Association 477,781 6/30/2030 Squire Patton Boggs 150,890 4/30/2022 Forest City 147,795 3/31/2033 Thompson Hine LLP 125,120 9/30/2029 Baker Hostetler LLP 115,615 10/31/2031
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center E.W. Scripps Company       83,159 1/31/2024 Thompson Hine LLP              53,066 12/31/2020 Graydon Head & Ritchey 38,508 6/30/2032 Ernst & Young U.S. LLP         32,638 8/31/2019 Office Key 23,939 12/31/2021
5 Loan 30 PCC PCC Cascade Village J.C. Penney Company 51,257 11/30/2018 Bend Food 4 Less 37,226 5/31/2025 Dicks Sporting Goods 35,806 1/31/2025 Best Buy Co, Inc 30,443 3/31/2021 Ross Stores Inc 30,236 1/31/2021
6 Loan   CGMRC CGMRC 19000 Homestead Road Kaiser Foundation Hospitals 100,352 2/19/2023 NAP     NAP     NAP     NAP    
7 Loan 31 PCC PCC Veteran’s Plaza Kaiser Foundation Hospitals                                            62,500 12/31/2026 NAP     NAP     NAP     NAP    
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II Sterling Inc. 271,675 01/31/2048 NAP     NAP     NAP     NAP    
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing ADESA Corporation 177,842 7/31/2019 American Specialty Health Inc. 82,001 12/31/2024 Byrider Franchising, LLC 70,320 2/29/2024 Middle Star 32,694 12/31/2023 Baker Hill Solutions LLC 29,989 7/31/2018
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo Bowlmor Times Square, LLC 77,536 7/31/2034 National Geographic 59,137 10/31/2032 Gulliver’s Gate 49,000 1/31/2031 Guitar Center Stores, Inc. 28,119 1/31/2029 Guy’s American Kitchen 15,670 11/30/2032
11 Loan 44, 45 PCC PCC Plaza de Hacienda Smith’s Food & Drug dba Food 4 Less 81,736 5/31/2022 Ross Dress for Less 25,198 1/31/2024 Big 5 Sports 15,000 1/31/2021 Rent-A-Center 4,565 6/30/2020 Kaiser Foundation Health Plan Inc. 4,000 6/30/2021
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park IBG LLC 42,196 01/31/2019 Orthopaedic & Neurological Surgery Specialists, P.C. 31,305 07/31/2019 Starwood Capital Operations, LLC 28,764 2/28/2023 Stark Office Suites of Greenwich LLC 14,752 09/30/2024 Performance Equity Management LLC 12,988 03/31/2027
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street NYS Office of Assistance 121,545 5/31/2020 The Legal Aid Society 111,900 10/31/2037 NYS Workers Comp 50,225 1/31/2019 City University of NY 45,000 8/31/2017 Brooklyn Law School 41,000 1/31/2032
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio                              
14.01 Property       Hilton Anchorage NAP     NAP     NAP     NAP     NAP    
14.02 Property       Renaissance Concourse Atlanta Airport Hotel NAP     NAP     NAP     NAP     NAP    
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard Providence Health 21,636 4/30/2032 NAP     NAP     NAP     NAP    
16 Loan   PCC PCC Goodlett Farms Business Campus Regions Bank                                                           108,731 12/31/2021 Hunter Fan Company                                                     58,944 11/30/2019 Yusen Logistics 39,946 10/31/2019 Bioventus LLC 39,880 8/31/2020 Truck Pro, LLC 38,808 6/30/2026
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building Extreme Reach, Inc. 25,327 03/31/2021 EPS Cineworks, LLC 23,597 2/28/2023 Panasonic Broadcast & Television 18,136 04/30/2020 Abominable Pictures 10,725 09/30/2019 Joke Productions, Inc 7,445 07/31/2020
18 Loan 69, 70, 71 Natixis Natixis SAP Building SAP Labs, LLC 56,279 7/31/2022 NAP     NAP     NAP     NAP    
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon Amazon Corporate LLC 288,534 12/31/2032 Restaurants Unlimited Inc dba Henry’s Tavern 5,282 7/31/2027 Sprout Good Greens, Inc. dba SPROUT 1,977 7/31/2027 NAP     NAP    
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue Key Food 8,520 5/31/2027 1881 Farm Market 5,828 12/31/2026 Fox Beauty Supply 3,979 9/1/2020 JS Nostrand Market 3,801 5/31/2027 Nostrand Meat Corp. 3,370 3/31/2025
21 Loan 76 Natixis Natixis QLIC NAP     NAP     NAP     NAP     NAP    
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio                              
22.01 Property       1214- 1216 Broadway Grind-1216 Broadway LLC 27,600 5/31/2028 PRYM 1216, LLC 6,000 4/1/2030 Fantasia World Inc. 4,000 6/1/2019 LX Jewelry Inc 1,744 2/28/2019 Jewelry In Trend, LLC 1,400 6/30/2019
22.02 Property       1204 Broadway District Cowork Nomad LLC 14,400 11/01/2019 Pinky World Inc. 4,500 9/1/2019 Emily Hou 1,500 MTM NAP     NAP    
22.03 Property       1212 Broadway Viral Vinus Jewelry Inc DBA Earrings Plaza 1,100 10/31/2019 Roader Group USA Inc 1,075 2/1/2019 NAP     NAP     NAP    
23 Loan 82 CGMRC CGMRC The Tower at OPOP Sauce on the Side 3,910 7/14/2022 NAP     NAP     NAP     NAP    
24 Loan   CREFI CREFI DeKalb Tech Center Kaiser Foundation Health Plan 67,721 12/31/2021 Trane U.S., Inc. 37,331 6/30/2021 Tyco Integrated Security LLC 17,030 7/31/2019 Eric Ressler 16,045 8/31/2022 Simplex Grinnell LP 15,953 10/31/2019
25 Loan   CGMRC CGMRC BJ’s Farmingdale BJ’s Wholesale Club, Inc. 108,532 4/30/2022 NAP     NAP     NAP     NAP    
26 Loan 83 CREFI CREFI Walden Brook Apartments NAP     NAP     NAP     NAP     NAP    
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk Novo Nordisk Inc. 594,009 4/30/2031 NAP     NAP     NAP     NAP    
28 Loan 89 CGMRC CGMRC East Park Tower Friedrich, Klatt & Associates 3,993 4/30/2022 Fabianacarter 1,700 12/31/2021 New Rainbow Cleaner 1,450 8/31/2020 Edward Jones 1,348 2/28/2019 The Spot Light 311 7/31/2019
29 Loan 90 PCC PCC El Camino Shopping Center Smart & Final 15,600 1/31/2020 Conoco Phillips (Ground Lease) 13,800 12/31/2019 O’Reilly Auto Parts 8,910 8/31/2022 Patel Brothers 6,440 3/31/2019 Skechers 6,420 1/31/2025
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio                              
30.01 Property       Walgreens Holland - MI Walgreens 14,820 10/31/2031 NAP     NAP     NAP     NAP    
30.02 Property       Walgreens Grandview - MO Walgreens 14,490 3/31/2031 NAP     NAP     NAP     NAP    
30.03 Property       Walgreens Memphis TN Walgreens 14,490 2/28/2029 NAP     NAP     NAP     NAP    
31 Loan 93, 94 Natixis Natixis Rentar Plaza City of New York- DS/BOE 516,115 02/09/2021 Middle Village Associates, L.L.C. 265,000 09/30/2024 Raymours Furniture Company, Inc. 174,000 03/31/2024 Kmart Corporation 146,821 01/31/2019 City of New York- DOT 120,000 09/30/2018
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF NAP     NAP     NAP     NAP     NAP    
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery                              
33.01 Property       AA Self Storage NAP     NAP     NAP     NAP     NAP    
33.02 Property       Mini Flex Storage - Troy Highway NAP     NAP     NAP     NAP     NAP    
33.03 Property       Mini Flex Storage - Troy Annex NAP     NAP     NAP     NAP     NAP    
34 Loan   Natixis Natixis Pacific Place Thomas Ying DDS Inc. 2,283 6/30/2021 Mitra E. Simanian, DDS 2,255 8/14/2019 Executive Linguist Agency, Inc. 2,076 12/31/2017 Barney Hom, DDS 1,978 12/31/2019 Michael Ball, as an individual 1,962 4/23/2020
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center BLG Logistics Sublease/Toyota Boshoku Mississippi, LLC 305,000 1/31/2021 ARD Logistics Alabama 299,000 5/31/2021 NAP     NAP     NAP    
36 Loan   PCC PCC 400 Manley Specialty Commerce Corp 127,523 2/28/2025 iGPS 86,877 7/31/2020 NAP     NAP     NAP    
37 Loan 103 Natixis Natixis Home Center Village Pacific Buffet 12,954 9/30/2024 Monster Mini Golf 12,600 3/31/2019 Catch Air 12,500 5/31/2027 Dollar Tree 12,400 1/31/2025 Phantom Fireworks 9,000 9/30/2021
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points NAP     NAP     NAP     NAP     NAP    
39 Loan   CGMRC CGMRC Mill Creek Self Storage NAP     NAP     NAP     NAP     NAP    
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana                              
40.01 Property       Walgreens Moorhead - MN Walgreens 14,490 4/30/2031 NAP     NAP     NAP     NAP    
40.02 Property       Walgreens Thibodaux - LA Walgreens 14,820 6/30/2034 NAP     NAP     NAP     NAP    
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline NAP     NAP     NAP     NAP     NAP    
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls NAP     NAP     NAP     NAP     NAP    
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run NAP     NAP     NAP     NAP     NAP    
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio                              
44.01 Property       Twin Wells MHC NAP     NAP     NAP     NAP     NAP    
44.02 Property       Carey Estates NAP     NAP     NAP     NAP     NAP    
44.03 Property       Colonial Estates NAP     NAP     NAP     NAP     NAP    
45 Loan 117, 118 Natixis Natixis Best Western Vermont NAP     NAP     NAP     NAP     NAP    
46 Loan   CREFI CREFI Storage Center - Colorado Springs NAP     NAP     NAP     NAP     NAP    

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Environmental Phase I Report Date Environmental Phase II Y/N Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Earthquake Insurance Required Y/N Upfront RE Tax Reserve ($) Ongoing RE Tax Reserve ($) Upfront Insurance Reserve ($) Ongoing Insurance Reserve ($) Upfront Replacement Reserve ($) Ongoing Replacement Reserve ($) Replacement Reserve Caps ($)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio             No 0 0 0 0 0 0 0
1.01 Property       51 JFK Parkway 12/29/2016 No NAP 12/19/2016 NAP NAP No              
1.02 Property       101 JFK Parkway 12/29/2016 No NAP 12/19/2016 NAP NAP No              
1.03 Property       103 JFK Parkway 12/29/2016 No NAP 12/19/2016 NAP NAP No              
2 Loan 12, 13 CREFI CREFI 50 Broadway 2/10/2017 No NAP 2/9/2017 NAP NAP No 0 0 0 0 0 0 0
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 8/11/2016 No NAP 8/3/2016 NAP NAP No 1,540,363 770,181 55,406 27,703 20,262,985 29,284 1,757,065
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 12/16/2016 No NAP 12/19/2016 NAP NAP No 392,500 196,250 93,351 9,736 1,300,000 0 324,000
5 Loan 30 PCC PCC Cascade Village 1/10/2017 No NAP 1/10/2017 NAP NAP No 151,459 51,842 20,864 6,955 336,591 10,116 364,176
6 Loan   CGMRC CGMRC 19000 Homestead Road 11/11/2016 No NAP 12/29/2016 12/22/2016 16% No 0 0 12,315 2,463 0 1,673 0
7 Loan 31 PCC PCC Veteran’s Plaza 12/6/2016 No NAP 12/13/2016 12/13/2016 12% No 79,230 16,324 27,143 7,054 2,083 1,042 25,000
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 8/25/2016 No NAP 8/30/2016 NAP NAP No 204,309 0 31,973 0 0 0 0
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing Various No NAP 12/1/2016 NAP NAP No 366,426 91,607 65,414 7,268 0 10,341 0
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 9/15/2016 Yes 10/6/2016 9/15/2016 NAP NAP No 651,564 126,690 18,983 0 0 6,211 0
11 Loan 44, 45 PCC PCC Plaza de Hacienda 3/1/2017 No NAP 3/1/2017 3/1/2017 9% No 34,218 34,218 3,987 1,993 0 3,475 125,115
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 9/20/2016 No NAP 9/20/2016 NAP NAP No 611,180 126,663 116,110 12,901 0 5,130 0
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 11/1/2016 No NAP 11/1/2016 NAP NAP No 296,183 296,183 0 0 0 7,233 0
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio             No 1,033,595 129,199 339,972 32,378 0 190,219 0
14.01 Property       Hilton Anchorage 1/3/2017 No NAP 1/3/2017 1/4/2017 12% No              
14.02 Property       Renaissance Concourse Atlanta Airport Hotel 1/3/2017 No NAP 1/3/2017 NAP NAP No              
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 12/19/2016 No NAP 12/19/2016 12/19/2016 16% No 65,285 16,321 10,740 5,370 0 361 0
16 Loan   PCC PCC Goodlett Farms Business Campus 12/30/2016 No NAP 1/5/2017 1/23/2017 8% No 0 45,546 0 0 361,820 13,685 500,000
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 12/27/2016 No NAP 12/27/2016 12/27/2016 13% No 0 45,172 35,706 3,246 0 1,625 0
18 Loan 69, 70, 71 Natixis Natixis SAP Building 1/23/2017 No NAP 1/24/2017 1/24/2017 12% No 49,522 16,507 14,670 1,834 0 703 0
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 12/9/2016 No NAP 12/12/2016 12/2/2016 9% No 247,344 61,836 54,438 6,805 0 0 0
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 1/19/2017 No NAP 1/19/2017 NAP NAP No 137,829 45,943 0 0 0 429 0
21 Loan 76 Natixis Natixis QLIC 9/12/2016 No NAP 3/8/2017 NAP NAP No 9,870 9,870 0 0 0 7,017 0
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio             No 400,000 102,322 22,738 4,548 0 865 0
22.01 Property       1214- 1216 Broadway 9/6/2016 No NAP 9/6/2016 NAP NAP No              
22.02 Property       1204 Broadway 9/6/2016 No NAP 9/6/2016 NAP NAP No              
22.03 Property       1212 Broadway 9/6/2016 No NAP 9/6/2016 NAP NAP No              
23 Loan 82 CGMRC CGMRC The Tower at OPOP 1/27/2017 No NAP 1/27/2017 NAP NAP No 39,967 9,992 0 0 0 2,716 0
24 Loan   CREFI CREFI DeKalb Tech Center 1/4/2017 No NAP 1/4/2017 NAP NAP No 192,488 24,061 0 0 0 3,553 170,524
25 Loan   CGMRC CGMRC BJ’s Farmingdale 10/7/2016 No NAP 10/7/2016 NAP NAP No 0 0 0 0 0 0 0
26 Loan 83 CREFI CREFI Walden Brook Apartments 12/19/2016 Yes 1/5/2017 12/19/2016 NAP NAP No 90,619 22,655 22,884 5,721 0 6,229 0
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 8/18/2016 No NAP 8/10/2016 NAP NAP No 931,323 465,662 39,186 19,593 0 3,656 0
28 Loan 89 CGMRC CGMRC East Park Tower 1/25/2017 No NAP 1/24/2017 NAP NAP No 43,131 14,377 4,663 4,663 600,000 3,512 0
29 Loan 90 PCC PCC El Camino Shopping Center 12/22/2016 No NAP 1/18/2017 1/18/2017 19% No 4,292 4,292 13,765 3,441 0 0 0
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio             No 0 0 0 195 0 0 0
30.01 Property       Walgreens Holland - MI 1/3/2017 No NAP 1/3/2017 NAP NAP No              
30.02 Property       Walgreens Grandview - MO 1/6/2017 No NAP 1/6/2017 NAP NAP No              
30.03 Property       Walgreens Memphis TN 12/28/2016 No NAP 12/27/2016 12/28/2016 7% No              
31 Loan 93, 94 Natixis Natixis Rentar Plaza 7/19/2016 No NAP 6/19/2016 NAP NAP No 1,311,902 437,301 230,316 0 0 13,060 0
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 10/18/2016 No NAP 10/14/2016 NAP NAP No 43,690 10,922 36,958 3,696 0 3,102 0
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery             No 33,462 8,366 1,068 534 0 1,679 60,453
33.01 Property       AA Self Storage 1/31/2017 No NAP 1/31/2017 NAP NAP No              
33.02 Property       Mini Flex Storage - Troy Highway 1/10/2017 No NAP 1/13/2017 NAP NAP No              
33.03 Property       Mini Flex Storage - Troy Annex 1/10/2017 No NAP 1/9/2017 NAP NAP No              
34 Loan   Natixis Natixis Pacific Place 10/4/2016 No NAP 10/6/2016 10/6/2016 12% No 88,163 14,988 14,817 1,852 0 509 0
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 9/23/2016 No NAP 11/10/2016 NAP NAP No 61,965 12,393 0 0 0 5,033 0
36 Loan   PCC PCC 400 Manley 12/5/2016 No NAP 12/12/2016 NAP NAP No 37,089 18,545 4,460 2,230 0 2,680 150,000
37 Loan 103 Natixis Natixis Home Center Village 10/13/2016 No NAP 10/19/2016 NAP NAP No 16,049 8,024 4,602 1,151 0 624 0
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 1/6/2017 No NAP 1/10/2017 NAP NAP No 90,717 15,119 26,773 4,462 0 14,780 0
39 Loan   CGMRC CGMRC Mill Creek Self Storage 11/23/2016 No NAP 11/23/2016 NAP NAP No 30,493 7,623 1,456 728 0 742 0
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana             No 0 0 0 0 0 244 8,793
40.01 Property       Walgreens Moorhead - MN 2/2/2017 No NAP 2/1/2017 NAP NAP No              
40.02 Property       Walgreens Thibodaux - LA 2/1/2017 No NAP 2/1/2017 NAP NAP No              
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 11/28/2016 No NAP 11/29/2016 NAP NAP No 11,110 2,222 4,744 2,372 0 7,449 0
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 8/19/2016 No NAP 8/23/2016 NAP NAP No 0 7,701 10,333 0 0 9,150 0
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 9/29/2016 No NAP 10/3/2016 NAP NAP No 40,770 5,882 9,596 1,919 0 6,001 500,000
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio             No 20,613 5,153 16,124 1,792 0 1,271 0
44.01 Property       Twin Wells MHC 1/24/2017 No NAP 1/23/2017 NAP NAP No              
44.02 Property       Carey Estates 1/25/2017 No NAP 1/24/2017 NAP NAP No              
44.03 Property       Colonial Estates 1/25/2017 No NAP 1/24/2017 NAP NAP No              
45 Loan 117, 118 Natixis Natixis Best Western Vermont 6/27/2016 No NAP 6/27/2016 NAP NAP No 42,917 4,292 5,632 2,816 0 4,361 0
46 Loan   CREFI CREFI Storage Center - Colorado Springs 2/3/2017 No NAP 2/3/2017 NAP NAP No 2,096 1,048 785 392 0 302 0

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Upfront TI/LC Reserve ($) Ongoing TI/LC Reserve ($) TI/LC Caps ($) Upfront Debt Service Reserve ($) Ongoing Debt Service Reserve ($) Upfront Deferred Maintenance Reserve ($) Ongoing Deferred Maintenance Reserve ($) Upfront Environmental Reserve ($) Ongoing Environmental Reserve ($) Upfront Other Reserve ($) Ongoing Other Reserve ($) Other Reserve Description
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 0 0 0 0 0 13,405 0 0 0 4,360,517 0 Unfunded Obligations Reserve ($3,520,668); D&B CAM Overcharge ($513,838); Garage Repair Capital Reserve ($326,011)
1.01 Property       51 JFK Parkway                        
1.02 Property       101 JFK Parkway                        
1.03 Property       103 JFK Parkway                        
2 Loan 12, 13 CREFI CREFI 50 Broadway 0 0 0 0 0 0 0 0 0 739,726 0 Leasing Reserve
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 0 110,513 0 0 0 64,625 0 0 0 28,722,174 5,000 New Lease TI/LC Reserve (Upfront: $18,461,400); Thompson Hine TI/LC Reserve (Upfront: $5,608,359); Marriott PIP Reserve (Upfront: $4,652,415); Ground Rent Reserve (Monthly: $5,000)
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 3,700,000 0 1,620,000 0 0 0 0 0 0 1,633,783 0 Outstanding TI/LC: $1,292,241; Outstanding Free Rent: $341,542
5 Loan 30 PCC PCC Cascade Village 0 13,065 470,331 0 0 0 0 0 0 1,500,000 0 J.C. Penney Escrow
6 Loan   CGMRC CGMRC 19000 Homestead Road 0 0 0 0 0 0 0 0 0 0 0  
7 Loan 31 PCC PCC Veteran’s Plaza 0 0 0 0 0 0 0 0 0 950,000 0 Kaiser Lease Escrow
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 0 0 0 0 0 0 0 0 0 0 0  
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 500,000 49,243 2,000,000 0 0 147,785 0 0 0 2,305,224 0 ADESA Reserve ($1,500,000); Unfunded Tenant Obligations Reserve ($805,224)
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 14,492,159 0 0 0 0 23,000 0 0 0 11,110,080 0 Free Rent Reserve ($11,061,751); Bridge Rent ($48,329)
11 Loan 44, 45 PCC PCC Plaza de Hacienda 0 9,601 500,000 0 0 55,880 0 0 0 0 0  
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 0 47,483 2,848,958 0 0 342,500 0 0 0 392,788 0 Ground Rent Reserve (Upfront: $17,699); Free Rent Reserve (Upfront: $375,089)
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 0 36,167 2,000,000 0 0 11,625 0 0 0 36,445,472 0 Economic Holdback Reserve ($29,490,000); Unfunded Obligations Reserve ($4,705,472); CUNY Reserve ($2,250,000)
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 0 0 0 0 0 0 0 0 0 5,089,582 0 Atlanta PIP Reserve ($2,500,000); Anchorage PIP Reserve ($2,500,000); Ground Rent Reserve ($89,582)
14.01 Property       Hilton Anchorage                        
14.02 Property       Renaissance Concourse Atlanta Airport Hotel                        
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 0 0 0 0 0 3,750 0 0 0 2,201,164 0 Unfunded Obligations Reserve ($1,189,980); Free Rent Reserve ($1,011,184)
16 Loan   PCC PCC Goodlett Farms Business Campus 0 22,808 650,000 0 0 40,469 0 0 0 236,082 0 Truck Pro Rent Reserve
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 450,000 12,830 461,894 0 0 21,250 0 0 0 0 0  
18 Loan 69, 70, 71 Natixis Natixis SAP Building 0 0 0 0 0 767,413 0 0 0 0 0  
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 7,955,593 0 0 0 0 0 0 0 0 100,144 0 Retail Tenant Reserve
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 0 2,861 171,660 0 0 16,250 0 0 0 20,600 0 Free Rent Reserve
21 Loan 76 Natixis Natixis QLIC 0 0 0 2,100,000 0 8,023,541 0 0 0 0 0  
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 0 5,768 0 0 0 0 0 0 0 5,294,208 0 Earnout Reserve ($5,000,000); Free Rent Reserve ($294,208)
22.01 Property       1214- 1216 Broadway                        
22.02 Property       1204 Broadway                        
22.03 Property       1212 Broadway                        
23 Loan 82 CGMRC CGMRC The Tower at OPOP 0 0 0 0 0 3,125 0 0 0 0 0  
24 Loan   CREFI CREFI DeKalb Tech Center 0 16,579 596,832 0 0 30,625 0 0 0 248,850 0 Unfunded Leasing Costs Reserve
25 Loan   CGMRC CGMRC BJ’s Farmingdale 0 0 0 0 0 26,250 0 0 0 0 0  
26 Loan 83 CREFI CREFI Walden Brook Apartments 0 0 0 98,569 0 0 0 89,700 0 700,000 0 Debt Yield Reserve
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 0 0 0 0 0 0 0 0 0 0 0  
28 Loan 89 CGMRC CGMRC East Park Tower 0 734 0 0 0 30,469 0 0 0 0 0  
29 Loan 90 PCC PCC El Camino Shopping Center 0 0 0 0 0 35,600 0 0 0 236,608 0 Seismic Retrofit Fund
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio 0 0 0 0 0 0 0 0 0 0 0  
30.01 Property       Walgreens Holland - MI                        
30.02 Property       Walgreens Grandview - MO                        
30.03 Property       Walgreens Memphis TN                        
31 Loan 93, 94 Natixis Natixis Rentar Plaza 0 32,650 0 0 0 0 0 0 0 0 0  
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 0 0 0 0 0 9,581 0 0 0 2,000,000 0 PIP Reserve
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery 0 0 0 0 0 0 0 0 0 300,000 0 Property Cost Holdback Reserve
33.01 Property       AA Self Storage                        
33.02 Property       Mini Flex Storage - Troy Highway                        
33.03 Property       Mini Flex Storage - Troy Annex                        
34 Loan   Natixis Natixis Pacific Place 0 4,489 125,000 0 0 25,500 0 0 0 1,424 0 Free Rent Reserve
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 1,500,000 0 1,500,000 0 0 18,750 0 0 0 0 0  
36 Loan   PCC PCC 400 Manley 0 4,467 170,000 0 0 0 0 0 0 172,000 0 Outstanding TI/LC Escrow
37 Loan 103 Natixis Natixis Home Center Village 261,876 0 261,876 0 0 2,813 0 0 0 312,500 291 Catch Air Reserve (Upfront: $125,000); Parking Lot Repaving Reserve (Upfront: $187,500; Monthly: $291)
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 0 0 0 0 0 6,250 0 0 0 1,568,703 0 PIP Reserve
39 Loan   CGMRC CGMRC Mill Creek Self Storage 0 0 0 0 0 0 0 0 0 0 0  
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana 0 0 0 0 0 0 0 0 0 0 0  
40.01 Property       Walgreens Moorhead - MN                        
40.02 Property       Walgreens Thibodaux - LA                        
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 0 0 0 0 0 0 0 0 0 167,200 0 PIP Reserve
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 0 0 0 0 0 2,475 0 0 0 210,000 0 Seasonality Reserve
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 0 0 0 0 0 8,750 0 0 0 198,818 7,818 Seasonality Reserve (Upfront: $105,000), PIP Reserve (Upfront: $93,818; Monthly: $7,818)
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio 0 0 0 0 0 35,394 0 0 0 0 0  
44.01 Property       Twin Wells MHC                        
44.02 Property       Carey Estates                        
44.03 Property       Colonial Estates                        
45 Loan 117, 118 Natixis Natixis Best Western Vermont 0 0 0 0 0 44,500 0 0 0 119,000 375 Seasonality Reserve (Upfront: $114,000), Mortgage Impairment Policy Reserve (Upfront: $5,000; Monthly: $375)
46 Loan   CREFI CREFI Storage Center - Colorado Springs 0 0 0 0 0 0 0 0 0 0 0  

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Borrower Name Delaware Statutory Trust? Y/N Carve-out Guarantor Loan Purpose Loan Amount (sources) ($) Principal’s New Cash Contribution (7) ($) Subordinate Debt ($) Other Sources ($) Total Sources ($) Loan Payoff ($) Purchase Price ($) Closing Costs ($) Reserves ($) Principal Equity Distribution ($) Other Uses ($)
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 51 JFK Unit L.L.C. and 101-103 JFK Realty L.L.C. No Mack-Cali Realty, L.P. Acquisition 124,500,000 124,031,334 0 5,813,695 254,345,029 0 245,000,000 4,971,107 4,373,922 0 0
1.01 Property       51 JFK Parkway                              
1.02 Property       101 JFK Parkway                              
1.03 Property       103 JFK Parkway                              
2 Loan 12, 13 CREFI CREFI 50 Broadway 50 Broadway Realty Corp. No United Federation of Teachers, Local 2, American Federation of Teachers, AFL-CIO Refinance 62,000,000 0 0 0 62,000,000 43,030,479 0 2,355,072 739,726 15,874,723 0
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 127 PS Fee Owner LLC No Frank T. Sinito and Malisse J. Sinito Acquisition 220,000,000 60,845,008 42,500,000 6,389,372 329,734,380 0 267,500,000 11,588,828 50,645,552 0 0
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 312 Walnut, LLC No Neal H. Mayerson Refinance 72,000,000 0 0 0 72,000,000 58,673,555 0 564,517 7,119,634 5,642,295 0
5 Loan 30 PCC PCC Cascade Village CVSC, LLC No James P. Knell; Theresa A. Knell and The James And Theresa Knell Family Trust, Dated May 20, 1997 Refinance 50,000,000 380,429 0 0 50,380,429 47,388,005 0 983,510 2,008,914 0 0
6 Loan   CGMRC CGMRC 19000 Homestead Road Firewish 19000, LLC and 19000 Homestead Associates, LLC No HGGP Capital VIII, LLC; HGGP Capital IX, LLC and HGGP Capital XI, LLC Acquisition 41,000,000 26,912,375 0 111,774 68,024,148 0 66,865,000 1,146,833 12,315 0 0
7 Loan 31 PCC PCC Veteran’s Plaza Vet Plaza, LLC No Derek K. Hunter, Jr.; Edward D. Storm; The Hunter 1988 Revocable Trust U/A/D August 4, 1988, as amended and restated on November 9, 1995 and The Edward D. Storm 2001 Revocable Trust, dated February 15, 2001, as amended and restated on October 30, 2014 Refinance 40,000,000 0 0 0 40,000,000 40,000,000 0 0 0 0 0
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II SJHQ Main Associates, L.L.C. No Lenora J. Petrarca Refinance 38,500,000 0 0 0 38,500,000 36,249,277 0 334,674 236,282 1,679,767 0
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing Hamilton Crossing Indianapolis Realty LP No Raymond Massa Acquisition 55,125,000 20,664,753 0 2,319,001 78,108,754 0 73,500,000 1,223,905 3,384,849 0 0
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo Elmwood NYT Owner, LLC; Oakwood NYT Owner, LLC; Wallkill NYT Owner, LLC and Landings NYT Owner, LLC No Jared Kushner Refinance 285,000,000 0 85,000,000 0 370,000,000 276,954,279 0 7,422,416 26,295,786 59,327,520 0
11 Loan 44, 45 PCC PCC Plaza de Hacienda Hacienda Plaza JPS, LLC; Hacienda Plaza Investors, LLC and Hacienda Plaza Princeton, LP No Kamyar Shabani and K. Joseph Shabani Refinance 29,750,000 0 0 0 29,750,000 27,000,000 0 618,692 94,085 2,037,223 0
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park Greenwich Park LLC No John J. Fareri Acquisition 87,500,000 34,808,906 10,000,000 0 132,308,906 0 130,000,000 846,328 1,462,578 0 0
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 111 Livingston LLC No Abraham Leser; Harry Gold; Robert Schachter and Edith Leser Refinance 120,000,000 0 0 125,000 120,125,000 80,506,976 0 2,800,863 36,753,280 63,881 0
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio CP Anchorage Hotel 2, LLC; CP Hartsfield, LLC No Columbia Sussex Corporation and CSC Holdings, LLC Refinance 115,000,000 5,955,088 0 0 120,955,088 113,455,857 0 1,036,082 6,463,149 0 0
14.01 Property       Hilton Anchorage                              
14.02 Property       Renaissance Concourse Atlanta Airport Hotel                              
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 901 Wilshire LLC No Andrew A. Brooks and Bradley Brooks Refinance 26,000,000 0 0 1,246,929 27,246,929 14,294,075 0 534,450 2,280,939 10,137,464 0
16 Loan   PCC PCC Goodlett Farms Business Campus JP-CB, LLC; JP-Goodlett, LLC No Liberty Bankers Life Insurance Company Acquisition 25,200,000 17,712,049 0 0 42,912,049 0 42,000,000 273,678 638,371 0 0
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building Cahuenga Investment, LLC; Cahuenga Equity, LLC; Cahuenga Tower, LLC; Korehe, LLC; CAU001, LLC and CAU002, LLC No David Korehe; Parham Minoo; Shahram Ray Golbari and Jonathan Korehe Acquisition 24,700,000 12,741,910 0 0 37,441,910 0 35,996,799 938,155 506,956 0 0
18 Loan 69, 70, 71 Natixis Natixis SAP Building 3408 Hillview Owner LLC No James M. Pollock; Jeffrey O. Pollock; Guila C. Pollock; The James and Guila Pollock Trust and The Jeffrey O. Pollock Revocable Trust Refinance 24,130,276 0 5,869,724 0 30,000,000 18,205,472 0 665,041 831,604 10,297,883 0
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon Urbansea Holding LLC No Aby Rosen; Michael Fuchs and David Edelstein Acquisition 62,231,428 55,702,479 166,367,944 0 284,301,851 0 268,940,438 7,003,894 8,357,519 0 0
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue Nostrand Retail Group LLC No Isaac Shalom Refinance 21,750,000 0 0 0 21,750,000 12,310,724 0 561,684 174,679 8,702,913 0
21 Loan 76 Natixis Natixis QLIC 24th Street LIC LLC No Lionshead Member LLC Refinance 145,000,000 0 20,000,000 0 165,000,000 100,842,207 0 2,492,037 10,133,411 51,532,344 0
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 1204 Broadway DE LLC; 1212 Broadway DE LLC and 1214-1216 Broadway DE LLC No Raizada S. Vaid Refinance 58,000,000 0 0 0 58,000,000 51,489,830 0 793,223 5,716,946 0 0
22.01 Property       1214- 1216 Broadway                              
22.02 Property       1204 Broadway                              
22.03 Property       1212 Broadway                              
23 Loan 82 CGMRC CGMRC The Tower at OPOP Strategic STL Tower LLC No Shaul Kuperwasser and Yitzchok Klor Acquisition 20,000,000 7,947,733 0 110,480 28,058,213 0 27,000,000 1,015,121 43,092 0 0
24 Loan   CREFI CREFI DeKalb Tech Center DeKalb Holdings LLC No Stoltz Real Estate Fund IV, L.P. and SREF IV REIT Holdings, LLC Refinance 19,500,000 0 0 0 19,500,000 10,167,119 0 223,805 471,963 8,637,113 0
25 Loan   CGMRC CGMRC BJ’s Farmingdale Daniel Land Co. LLC No Edward R. Blumenfeld Refinance 17,274,900 831,574 0 0 18,106,474 17,775,677 0 304,547 26,250 0 0
26 Loan 83 CREFI CREFI Walden Brook Apartments Walden Brook Atlanta Apartments LP No Ronald Eisenberg Refinance 16,000,000 0 0 0 16,000,000 12,781,851 0 332,469 1,001,772 1,883,908 0
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk Princeton HD Owner LLC No NAP Acquisition 168,300,000 147,128,537 0 39,580,000 355,008,537 0 305,000,000 9,458,027 970,510 0 39,580,000
28 Loan 89 CGMRC CGMRC East Park Tower BFE East Park Tower Associates LLC No Ary Freilich Acquisition 14,850,000 9,032,530 0 716,011 24,598,541 0 23,500,000 420,279 678,262 0 0
29 Loan 90 PCC PCC El Camino Shopping Center El Camino Shopping Center, LLC No Michael H. Oliver Refinance 14,500,000 0 0 0 14,500,000 3,345,629 0 667,517 290,265 5,691,010 4,505,579
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio 780 Washington Developers Corp.; 13000 US Highway Developers Corp. and 1201 Getwell Road Developers, Corp. No Dmitrii Volkov Acquisition 12,776,000 6,433,224 0 79,585 19,288,809 0 18,928,641 360,168 0 0 0
30.01 Property       Walgreens Holland - MI                              
30.02 Property       Walgreens Grandview - MO                              
30.03 Property       Walgreens Memphis TN                              
31 Loan 93, 94 Natixis Natixis Rentar Plaza Vertical Industrial Park Associates, a Limited Partnership No Dennis Ratner and Felice Bassin Refinance 132,000,000 0 0 0 132,000,000 76,939,636 0 18,907,751 1,542,218 34,610,395 0
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF UCF II Associates, Limited Partnership No Ronald E. Franklin Refinance/Recapitalization 12,000,000 1,544,418 0 0 13,544,418 8,547,920 0 2,906,270 2,090,228 0 0
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery Amsdell Storage Ventures XLV, LLC and Amsdell Storage Ventures 54, LLC No Robert J. Amsdell and Barry L. Amsdell Acquisition/Recapitalization 11,600,000 4,269,540 0 59,286 15,928,825 0 15,350,000 244,296 334,530 0 0
33.01 Property       AA Self Storage                              
33.02 Property       Mini Flex Storage - Troy Highway                              
33.03 Property       Mini Flex Storage - Troy Annex                              
34 Loan   Natixis Natixis Pacific Place West Ridge Sepulveda Rentals, LLC No Gregory Geiser; Darin Puhl and David Wehrly Refinance 11,000,000 0 0 0 11,000,000 10,253,115 0 255,402 129,904 361,579 0
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center Vance 1530 RCP 1 LLC No Thomas L. Brodie and David Rothschild Acquisition 22,750,000 14,579,361 0 70,000 37,399,361 0 35,000,000 818,646 1,580,715 0 0
36 Loan   PCC PCC 400 Manley GPG Manley LLC No Jon Goldberg Acquisition 10,000,000 3,646,839 0 0 13,646,839 0 13,100,000 333,290 213,549 0 0
37 Loan 103 Natixis Natixis Home Center Village Chastain Meadows 2014, LLC No Jarred Elmar and Gabriella Carias Green Refinance 7,800,000 0 0 0 7,800,000 5,164,273 0 183,028 597,840 1,854,860 0
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points Pandey Hotel West Lafayette, LLC No Prakash Pandey Refinance 7,250,000 655,975 0 0 7,905,975 6,018,082 0 195,450 1,692,443 0 0
39 Loan   CGMRC CGMRC Mill Creek Self Storage SSCP Mill Creek LLC No Jacob Ramage Acquisition 7,050,000 3,348,000 0 110,985 10,508,985 0 9,800,000 677,036 31,950 0 0
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana Thibmoor, LLC No Ruth J. Veprin and Sandra Y. Rough Acquisition 6,620,000 4,749,318 0 42,735 11,412,054 0 11,110,000 302,054 0 0 0
40.01 Property       Walgreens Moorhead - MN                              
40.02 Property       Walgreens Thibodaux - LA                              
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline Tathata Inc. No Ramnikbhai S. Vaghani Refinance 6,600,000 0 0 0 6,600,000 2,753,199 0 154,126 183,054 3,509,621 0
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls Shilo Inn, Idaho Falls, LLC No Mark S. Hemstreet Refinance 5,300,575 0 0 0 5,300,575 4,512,206 0 106,850 222,808 458,711 0
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run Laxmi-G Birch Run, Inc. No Crumsan Nundkumar Refinance 5,200,000 0 0 0 5,200,000 988,562 0 102,332 257,934 3,851,171 0
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio Edwards Investments, Inc., Celine Development Inc., and Baillie Investments Inc. No Towson H. Baillie Refinance 5,000,000 0 0 0 5,000,000 3,305,776 0 238,193 72,131 1,383,900 0
44.01 Property       Twin Wells MHC                              
44.02 Property       Carey Estates                              
44.03 Property       Colonial Estates                              
45 Loan 117, 118 Natixis Natixis Best Western Vermont S.K.B.W.V Acquisition LLC No Sumeer Kakar and Sudhir Kakar Acquisition 2,660,000 1,442,295 0 0 4,102,295 0 3,800,000 90,246 212,049 0 0
46 Loan   CREFI CREFI Storage Center - Colorado Springs CLC CO Springs I SPE LLC and CLC CO Springs II SPE LLC No Richard Schontz and Alek Meshechok Acquisition 2,450,000 1,215,039 0 20,455 3,685,494 0 3,430,213 252,400 2,881 0 0

 

  

 

 

CGCMT 2017-P7 Annex A

 

Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator Property Name Total Uses ($) Lockbox Cash Management Cash Management Triggers Ground Lease Y/N Ground Lease Expiration Date Annual Ground Lease Payment ($) Cut-off Date Pari Passu Companion Loan Balance ($) Cut-off Date Subordinate Companion Loan Balance ($) Subordinate Companion Loan Interest Rate (%) Cut-off Date Mezzanine Debt Balance ($) Mezzanine Debt Interest Rate (%) Terrorism Insurance Required Y/N Control Number
1 Loan 8, 9, 10, 11 CREFI CREFI, GSMC Mack-Cali Short Hills Office Portfolio 254,345,029 Hard Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 8.25%, (iii) the occurrence of a Specified Tenant Trigger Period       49,800,000.00         Yes 1
1.01 Property       51 JFK Parkway         No               Yes 1.01
1.02 Property       101 JFK Parkway         No               Yes 1.02
1.03 Property       103 JFK Parkway         No               Yes 1.03
2 Loan 12, 13 CREFI CREFI 50 Broadway 62,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.50%, (iii) the occurrence of a Specified Tenant Trigger Period, (iv) the Borrower failing to cause each of the Building Code Violations to be cured within 12 months of the closing date No               Yes 2
3 Loan 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 CREFI CREFI, DBNY, BANA Key Center Cleveland 329,734,380 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.05x from January 31, 2017 up to and including January 31, 2019 or 1.10x following January 31, 2019, (iii) the occurrence of a Specified Tenant Trigger Period, (iv) the occurrence of a Hotel Management Trigger Period Yes 12/31/2059 60,000 170,000,000.00     42,500,000 12.7500% Yes 3
4 Loan 25, 26, 27, 28, 29 PCC PCC Scripps Center 72,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a E.W. Scripps Trigger Event or (iv) the occurrence of a Mezzanine Loan Default No     22,000,000.00         Yes 4
5 Loan 30 PCC PCC Cascade Village 50,380,429 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) the occurrence of a Major Tenant Trigger Event or (iv) the occurrence of a J.C. Penney Trigger Event. No               Yes 5
6 Loan   CGMRC CGMRC 19000 Homestead Road 68,024,148 Hard In Place (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.0%, (iii) the occurrence of a Specified Tenant Trigger Period No               Yes 6
7 Loan 31 PCC PCC Veteran’s Plaza 40,000,000 Springing Springing (i) the occurrence of an Event of Default, (ii) the occurrence of a Kaiser Cash Sweep Trigger Event No               Yes 7
8 Loan 32, 33 Natixis Natixis Sterling Jewelers Corporate Headquarters I & II 38,500,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter, (iii) the occurrence of a Primary Tenant Sweep Period, (vi) the occurrence of the ARD Trigger Event, (v) the occurrence of the Lobby Addition Trigger Event No               Yes 8
9 Loan 25, 34, 35, 36, 37 CGMRC CGMRC Hamilton Crossing 78,108,754 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period No     19,948,362.97         Yes 9
10 Loan 38, 39, 40, 41, 42, 43 CGMRC DBNY 229 West 43rd Street Retail Condo 370,000,000 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.75x or Combined DSCR is less than 1.10x, (iii) the occurrence of a Mezzanine Loan Default, (iv) Lender’s receipt of a Mezzanine Loan Trigger Period Commencement Notice, (v) the occurrence of a Lease Sweep Period No     255,000,000.00     85,000,000 7.9200% Yes 10
11 Loan 44, 45 PCC PCC Plaza de Hacienda 29,750,000 Springing Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.75% or (iii) the occurrence of a Food 4 Less Trigger Event No               Yes 11
12 Loan 46, 47, 48, 49, 50, 51 Natixis Natixis Greenwich Office Park 132,308,906 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter, (iii) the occurrence of a Primary Tenant Sweep Period Yes Various 212,385 58,000,000.00     10,000,000 9.0000% Yes 12
13 Loan 52, 53, 54, 55 CGMRC CGMRC, DBNY 111 Livingston Street 120,125,000 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurrence of a Specified Tenant Trigger Period No     91,000,000.00         Yes 13
14 Loan 56, 57, 58, 59, 60, 61, 62 CGMRC Barclays Bank PLC, RMF, CGMRC Atlanta and Anchorage Hotel Portfolio 120,955,088 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) bankruptcy or insolvency of Borrower, Guarantor or Manager, (iv) the occurrence of the PIP Reserve Cash Management Trigger Event Date, (v) the occurrence of a Quality Assurance Trigger Event       86,883,000.94         Yes 14
14.01 Property       Hilton Anchorage         No               Yes 14.01
14.02 Property       Renaissance Concourse Atlanta Airport Hotel         Yes 6/28/2078 148,248           Yes 14.02
15 Loan 63, 64, 65, 66 CGMRC CGMRC 901 Wilshire Boulevard 27,246,929 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period No               Yes 15
16 Loan   PCC PCC Goodlett Farms Business Campus 42,912,049 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x or (iii) the occurrence of a Regions Bank Escrow Event No               Yes 16
17 Loan 67, 68 Natixis Natixis Cahuenga West Office Building 37,441,910 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x at end of calendar quarter, (iii) the occurrence of a Primary Tenant Sweep Period No               Yes 17
18 Loan 69, 70, 71 Natixis Natixis SAP Building 30,000,000 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x at end of calendar quarter, (iii) the occurrence of an SAP Cash Trap Trigger Event Yes 12/31/2037 0       5,795,276 9.1387% Yes 18
19 Loan 25, 72, 73, 74 Natixis Natixis Urban Union - Amazon 284,301,851 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.05x at end of calendar quarter, (iii) the occurrence of a Primary Tenant Sweep Period No     38,231,428.00 86,975,933.00 4.2000% 79,392,011 6.7500% Yes 19
20 Loan 75 CGMRC CGMRC 1875-1925 Nostrand Avenue 21,750,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period No               Yes 20
21 Loan 76 Natixis Natixis QLIC 165,000,000 Commercial (Hard); Residential (Soft) Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.08x at end of calendar quarter No     125,000,000.00 20,000,000.00 6.2500%     Yes 21
22 Loan 77, 78, 79, 80, 81 Natixis Natixis Broadway Portfolio 58,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter, (iii) the occurrence of an Earnout Trigger Event       38,000,000.00         Yes 22
22.01 Property       1214- 1216 Broadway         No               Yes 22.01
22.02 Property       1204 Broadway         No               Yes 22.02
22.03 Property       1212 Broadway         No               Yes 22.03
23 Loan 82 CGMRC CGMRC The Tower at OPOP 28,058,213 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) the termination, cancellation or surrender of the Parking Lease without the prior written consent of Lender No               Yes 23
24 Loan   CREFI CREFI DeKalb Tech Center 19,500,000 Hard Springing (i) the occurrence of an Event of Default; (ii) DSCR is less than 1.15x, (iii) the occurrence of any Bankruptcy Action of any Specified Tenant, (iv) the occurrence of any termination or cancellation of any Specified Tenant Lease (including, without limitation, rejection in any bankruptcy or similar insolvency proceeding) and/or any Specified Tenant Lease failing to otherwise be in full force and effect, (v) the occurrence of any default by any Specified Tenant under its Specified Tenant Lease beyond any applicable notice and cure periods, (vi) the occurrence of any Specified Tenant failing to be in actual, physical possession of the Specified Tenant Space (or applicable portion thereof), failing to be open to the public for business during customary hours and/or “going dark” in the Specified Tenant Space (or applicable portion thereof); (vii) the occurrence of any Specified Tenant giving notice that it is terminating its Lease for all or any portion of the Specified Tenant Space or (viii) the occurrence of any Specified Tenant failing to extend or renew the applicable Specified Tenant Lease on or prior the applicable Specified Tenant Extension Deadline in accordance with the applicable terms and conditions thereof and hereof for a minimum renewal term of five (5) years. No               Yes 24
25 Loan   CGMRC CGMRC BJ’s Farmingdale 18,106,474 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period No               Yes 25
26 Loan 83 CREFI CREFI Walden Brook Apartments 16,000,000 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x No               Yes 26
27 Loan 84, 85, 86, 87, 88 Natixis Natixis Novo Nordisk 355,008,537 Hard In Place (i) the occurrence of an Event of Default, (ii) the occurrence of a Novo Cash Sweep Trigger Event, (iii) DSCR is less than 1.15x at end of calendar quarter, (iv) the failure by Borrower to repay the Loan in full at least one month prior to the Anticipated Repayment Date No     153,300,000.00         Yes 27
28 Loan 89 CGMRC CGMRC East Park Tower 24,598,541 Springing Springing (i) the occurrence of an Event of Default No               Yes 28
29 Loan 90 PCC PCC El Camino Shopping Center 14,500,000 Springing Springing (i) the occurrence of a Event of Default or (ii) failure to deliver evidence of completed Seismic Retrofit within 18 months from closing date No               Yes 29
30 Loan 91, 92 CREFI CREFI Regul Walgreens Portfolio 19,288,809 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period, (iv) the existence of a Limited Trigger Event                 Yes 30
30.01 Property       Walgreens Holland - MI         No               Yes 30.01
30.02 Property       Walgreens Grandview - MO         No               Yes 30.02
30.03 Property       Walgreens Memphis TN         No               Yes 30.03
31 Loan 93, 94 Natixis Natixis Rentar Plaza 132,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter No     120,000,000.00         Yes 31
32 Loan 95, 96, 97 CGMRC CGMRC Residence Inn Orlando East UCF 13,544,418 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Franchise Agreement Trigger Period, (iv) the occurrence of a Franchise Renewal Trigger Event, (v) the occurrence of a Manager taking any Material Action No               Yes 32
33 Loan 98, 99 CREFI CREFI Amsdell Cold Spring & Montgomery 15,928,825 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x                 Yes 33
33.01 Property       AA Self Storage         No               Yes 33.01
33.02 Property       Mini Flex Storage - Troy Highway         No               Yes 33.02
33.03 Property       Mini Flex Storage - Troy Annex         No               Yes 33.03
34 Loan   Natixis Natixis Pacific Place 11,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter No               Yes 34
35 Loan 100, 101, 102 CGMRC CGMRC Parts Consolidation Center 37,399,361 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period No     12,750,000.00         Yes 35
36 Loan   PCC PCC 400 Manley 13,646,839 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x or (iii) the occurrence of a Designated Tenant Trigger Event No               Yes 36
37 Loan 103 Natixis Natixis Home Center Village 7,800,000 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter, (iii) the occurrence of a Primary Tenant Sweep Period No               Yes 37
38 Loan 104, 105 Natixis Natixis West Lafayette Four Points 7,905,975 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x at end of calendar quarter, (iii) the date hereof until such time as the Required Capital Improvements have been completed No               Yes 38
39 Loan   CGMRC CGMRC Mill Creek Self Storage 10,508,985 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x No               Yes 39
40 Loan 106 CREFI CREFI Walgreens - Minnesota and Louisiana 11,412,054 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.40x, (iii) the occurrence of a Specified Tenant Trigger Period                 Yes 40
40.01 Property       Walgreens Moorhead - MN         No               Yes 40.01
40.02 Property       Walgreens Thibodaux - LA         No               Yes 40.02
41 Loan 107 Natixis Natixis Days Inn Raleigh Betline 6,600,000 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x at end of calendar quarter No               Yes 41
42 Loan 108, 109 Natixis Natixis Shilo Inn Idaho Falls 5,300,575 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x at end of calendar quarter No               Yes 42
43 Loan 110, 111, 112, 113 Natixis Natixis Comfort Inn Birch Run 5,200,000 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x at end of calendar quarter, (iii) the occurrence of a Franchise Expiration Trigger Event No               Yes 43
44 Loan 114, 115, 116 CREFI CREFI Baillie MHC Portfolio 5,000,000 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x                 Yes 44
44.01 Property       Twin Wells MHC         No               Yes 44.01
44.02 Property       Carey Estates         No               Yes 44.02
44.03 Property       Colonial Estates         No               Yes 44.03
45 Loan 117, 118 Natixis Natixis Best Western Vermont 4,102,295 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x at end of calendar quarter, (iii) the occurrence of a Franchise Expiration Trigger Event No               Yes 45
46 Loan   CREFI CREFI Storage Center - Colorado Springs 3,685,494 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x No               Yes 46

 

  

 

Footnotes to Annex A
   
(1) The Administrative Fee Rate includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan.
   
(2) The monthly debt service shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period. 
   
(3) The open period is inclusive of the Maturity Date / ARD
   
(4) Underwritten NCF DSCR is calculated based on amortizing debt service payments (except for interest-only loans).
   
(5) Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.
   
(6) The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown, either unilaterally or based on a trigger event. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease. For more information on material lease expirations, termination options and other issues affecting certain single tenants, the five largest tenants or other major tenants at the Mortgaged Properties securing the fifteen largest Mortgage Loans, see “Description of the Mortgage Pool—Tenant Issues” in the Preliminary Prospectus.
   
(7) If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Principal’s New Cash Contribution” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition.  If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Principal’s New Cash Contribution” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.
   
(8) Beginning with the monthly payment date in May 2019, the borrower may release from the lien of the mortgage (x) the 51 JFK Parkway Property or (y) both the 101 JFK Parkway Property and 103 JFK Parkway Property through a partial defeasance provided that certain conditions under the loan documents are satisfied, including, among other requirements: (a) the 51 JFK Parkway Property cannot be released prior to the renewal of Dun & Bradstreet’s lease for an additional term that expires no less than five years after the Maturity Date, (b) the borrower defeases the loan in an amount equal to 115% of the allocated loan amount for the applicable property(ies) being released, (c) delivery of a REMIC opinion and rating agency confirmation, (d) a debt yield of greater than the greater of (i) the debt yield of the Mack-Cali Short Hills Office Portfolio Properties immediately prior to such release and (ii) 13.5%; (e) a debt service coverage ratio of greater than the greater of (i) the debt service coverage ratio of the Mack-Cali Short Hills Office Portfolio Properties immediately prior to such release and (ii) 3.39x; (f) a maximum loan to value ratio of no greater than the lesser of (i) the loan to value ratio that existed prior to such release and (ii) 45.1%; and (g) all legal requirements are satisfied for the remaining properties.
   
(9) The Cut-off Date Balance ($) of $74,700,000 represents the controlling note A-1 and non-controlling note A-2 of a $124,500,000 Loan Combination evidenced by four pari passu notes. The non-controlling notes A-3 and A-4 have an outstanding principal balance as of the Cut-off Date of $49,800,000, are currently held by Goldman Sachs Mortgage Company, and are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $124,500,000.
   
(10) The lockout period will be at least 24 payment dates beginning with and including the first payment date of May 1, 2017. For the purposes of this Preliminary Prospectus, the assumed lockout period of 24 months is based on the expected CGCMT 2017-P7 securitization closing date in April 2017. The actual lockout period may be longer.
   
(11) Mack-Cali Realty, L.P. is the Carve-out Guarantor for the environmental indemnity only.
   
(12) Historical cash flows for the years 2013, 2014 and 2015 are based on a fiscal year end of July 31 for each respective year.
   
(13) United Federation of Teachers, the Largest Tenant at the Mortgaged Property, occupying 93,942 SF with a lease that expires on August 31, 2034, is an affiliate of the sponsor.

 

  

 

 

Footnotes to Annex A

   
(14) The Mortgaged Property consists of a 1,369,980 SF office building which was 92.9% occupied as of October 19, 2016, a 400-room full service hotel which was 66.2% occupied for the trailing 12-month period ending December 31, 2016 and a 985-space, 319,590 SF parking garage.
   
(15) Other Sources ($) include $5,608,359 transferred to the borrower sponsor from the seller at loan origination which was related to outstanding tenant improvements for the Fourth Largest Tenant, Thompson Hine LLP.
   
(16) The Third Largest Tenant, Forest City, has executed a lease for 147,795 SF resulting in an increase to the underwritten base rent of $3,990,465 and the Millennia tenant has executed a lease for 45,360 SF resulting in an increase to the underwritten base rent of $1,247,400.  Both the Forest City and Millennia tenants are not yet in occupancy and have rent commencement  dates of no later than April 1, 2018 and July 1, 2017, respectively.  The tenant improvement costs, leasing commission costs, and gap rent associated with these tenants were escrowed at loan origination.
   
(17) The Mortgaged Property’s Appraised Value ($) represents the combined “as complete” appraised value as of December 1, 2017, which assumes all planned capital improvements will be completed. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $362,000,000.  The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the combined “as-is” appraised value of $304,100,000 are 72.3% and 59.0%, respectively.
   
(18) The Cut-off Date Balance ($) of $50,000,000 represents the controlling note A-1 of a $220,000,000 Loan Combination, which is evidenced by six pari passu notes. The companion loans are evidenced by (i) the non-controlling notes A-2 and A-5 with an aggregate outstanding principal balance as of the Cut-off Date of $80,000,000 which are currently held by Bank of America, N.A. and are expected to be contributed to one or more future securitization transactions, (ii) the non-controlling notes A-3 and A-6 with an aggregate outstanding principal balance as of the Cut-off Date of $60,000,000 which are currently held by Deutsche Bank AG, New York Branch and are expected to be contributed to the JPMDB 2017-C5 securitization transaction and (iii) the non-controlling note A-4 with an outstanding principal balance as of the Cut-off Date of $30,000,000 which is currently held by Citi Real Estate Funding Inc. and is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $220,000,000.
   
(19) The borrower is required to fund a monthly FF&E reserve unless (a) Marriott Corporation or an affiliate thereof is the hotel manager, (b) the borrower is required to reserve with the hotel manager an amount not less than the FF&E payment required under the Mortgage Loan documents, and (c) no event of default is continuing.
   
(20) The City of Cleveland, Ohio owns the land beneath the parking lot and leases it to the borrower sponsor through 2059 with one 34-year extension through 2093.  The parking ground lease requires that at least 45.0% of the parking spaces be reserved for transient parking and hotel guests and the remainder of the parking spaces may be leased on a monthly basis.  Minimum base rent paid to the city under the parking ground lease is $60,000 per year provided that if the revenue exceeds certain breakpoints (based on the percentage of parking space leased on a monthly basis), percentage rent will also be payable. SP Plus Corporation manages the Mortgaged Property’s parking garage component for a 3.0% fee of net revenue.  The term of the parking management agreement is month-to-month with automatic renewals.
   
(21) Beginning on the first monthly payment date, the new lease letter of credit may be reduced to an amount calculated as the product of (i) with respect to the new lease letter of credit delivered to lender in connection with the Forest City lease (a) $332,539 and (b) the number of full calendar months from the closing date to the date of calculation and excluding any calendar month for which a new lease letter of credit trigger event was in effect for all or any portion of such month and (ii) with respect to the new lease letter of credit delivered to lender in connection with the Millennia lease (a) $103,950 and (b) the number of full calendar months from the closing date to the date of calculation and excluding any calendar month for which a new lease letter of credit trigger event was in effect for all or any portion of such month.

 

  

 

 

Footnotes to Annex A

   
(22) The Replacement Reserve Caps ($) of $1,757,065 excludes the Upfront Replacement Reserve ($) deposit. The Upfront Replacement Reserve ($) of $20,262,985 is for performing planned capital improvements at the Mortgaged Property.  $1,991,429 of the $20,262,985 of the Upfront Replacement Reserve ($) is currently held in an FF&E account with Marriott Hotel Services, Inc. (“Marriott”) as the hotel manager for hospitality portion of the Mortgaged Property.  Upon completion of the planned capital improvements, any remaining funds excluding the $1,991,429 currently held by Marriott, may be (i) credited against the obligation of the borrower to make Ongoing Replacement Reserve ($) deposits or (ii) at the option of the borrower, either (a) retained in the replacement reserve account to be applied to the cost of future replacements (in which case these remaining funds would then be included for calculation of the Replacement Reserve Caps ($) amount), (b) transferred to the FF&E reserve account to be applied toward the cost of FF&E or (c) transferred to the PIP reserve account.
   
(23) The office portion of the Mortgaged Property is managed by Millennia Housing Management, Ltd. and sub-managed by Jacobs Real Estate Services LLC, the hotel portion of the Mortgaged Property is managed by Marriott Hotel Services, Inc. and the parking garage portion of the Mortgaged Property is managed by SP Plus Corporation.
   
(24) The Occupancy (%) for the office portion of the Mortgaged Property is 92.9% as of the rent roll dated October 19, 2016 which includes the tenants Forest City and Millennia, which have not yet taken occupancy and (ii) 66.2% occupied for the Marriott Cleveland Downtown for TTM December 31, 2016.
   
(25) The lockout period will be at least 26 payment dates beginning with and including the first payment date of March 6, 2017. For the purposes of this Preliminary Prospectus, the assumed lockout period of 26 months is based on the expected CGCMT 2017-P7 securitization closing date in April 2017. The actual lockout period may be longer.
   
(26) On the origination date, the borrower deposited $3,700,000 in the Upfront TI/LC Reserve ($) for TI/LC expenses associated with future leasing.  The borrower is not required to make an Ongoing TI/LC Reserve ($) deposit unless the TI/LC reserve account balance falls below the TI/LC Caps ($) of $1,620,000, after which, on each monthly payment date, the borrower must make an Ongoing TI/LC Reserve ($) deposit equal to $45,000 until the TI/LC reserve equals or exceeds the TI/LC Caps ($) (which cap is subject to an increase to $2,600,000 during the continuance of certain trigger events related to the tenant E.W. Scripps Company). 
   
(27) On the origination date, the borrower also deposited $1,300,000 in the Upfront Replacement Reserve ($) for future capital improvements.  The borrower is not required to make an Ongoing Replacement Reserve ($) deposit unless the replacement reserve account balance falls below the Replacement Reserve Caps ($) of $324,000, after which, on each monthly payment date, the borrower must make an Ongoing Replacement Reserve ($) deposit equal to $9,000 until the replacement reserve equals or exceeds the Replacement Reserve Caps ($).  Provided no event of default exists and the balance of the replacement reserve exceeds the Replacement Reserve Caps ($), the borrower has the right to transfer funds in excess of the Replacement Reserve Caps ($) to the TI/LC reserve (but not vice versa).
   
(28) The Cut-off Date Balance ($) of $50,000,000 represents note A-1 of a $72,000,000 Loan Combination evidenced by two pari passu notes.  Note A-1 is the controlling note.  The companion loan consists of the non-controlling note A-2, has an outstanding principal balance of $22,000,000 as of the Cut-Off Date and is expected to be contributed to one or more future commercial mortgage securitization transactions.  Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the aggregate Cut-off Date principal balance of the Loan Combination of $72,000,000.
   
(29) The E.W. Scripps Company lease includes 9,044 SF of buy-out space (the “Scripps Buy-Out Space”) on the 26th floor and 74,115 SF of standard office space (the “Scripps Standard Office Space”) on the 26th through 29th floors. The Scripps Buy-Out Space was surrendered by E.W. Scripps Company in 2013; however, E.W. Scripps Company continued to occupy the Scripps Buy-Out Space at a lower rent. E.W. Scripps Company currently pays $6.80 per SF for the Scripps Buy-Out Space and $14.51 per SF for the Scripps Standard Office Space. E.W. Scripps Company must give notice by June 30, 2017 if E.W. Scripps Company wants to reincorporate the Scripps Buy-Out Space into the standard office lease and if elected, the rent is required to be the same per SF as that of the Scripps Standard Office Space, subject to certain free rent periods and offsets, and the term will expire concurrently with the Scripps Standard Office Space on January 31, 2024. E.W. Scripps Company is currently utilizing all of the Scripps Buy-Out Space. If E.W. Scripps Company does not elect to reincorporate the Scripps Buy-Out Space, its lease of the Scripps Buy-Out Space will terminate on January 1, 2018.  

 

  

 

 

Footnotes to Annex A

   
(30) J.C. Penney Company (“JCP”) occupies 51,257 SF (13.9% of the NRA and 4.9% of the underwritten base rent) at the Mortgaged Property.  On February 24, 2017, JCP announced that it expects to close two distribution facilities and approximately 130 to 140 JC Penney department stores over the following months. Although the JC Penney store at the Cascade Village was not identified as one of the stores planned for closure, we cannot assure you that such store will not be closed as a result of JC Penney’s store closure announcement or otherwise.
   
(31) The Mortgage Loan refinanced a loan (the “Prior Mortgage Loan”) in the amount of $40,000,000 originally made by Macquarie Investments US Inc. to the borrower on December 21, 2016. The Prior Mortgage Loan was used to pay off existing debt comprised of a $29,650,246 mortgage originated by JP Morgan Chase & Co. (JPMCC 2006-CB15) pay defeasance costs, return equity to the borrower ($5,432,984), fund reserves ($1,009,440) and pay closing costs ($1,073,605). The Prior Mortgage Loan was refinanced with the current Mortgage Loan on March 13, 2017 by Macquarie US Trading LLC.
   
(32) From and after the anticipated repayment date (December 5, 2026), the Mortgage Loan will accrue interest at a per annum rate equal to the sum of (i) the initial interest rate of 4.79000%, plus (ii) 3.00000% plus the amount (if any) by which the 10-year treasury rate exceeds 2.00000%. The payment of the additional interest will be deferred until the entire principal balance of the Mortgage Loan is paid in full.
   
(33) The borrower is entitled to release of a certain parcel of the Mortgaged Property provided among other conditions: (i) there is no event of default; (ii) at the time of the partial release the borrower (a) delivers $300,000 or (b) deposits $300,000 with the lender (x) as a partial defeasance or (y)  to establish a reserve as additional collateral for the debt; (iii) the loan-to-value ratio immediately following the partial release does not exceed the lesser of (a) 62.2% or (b) the loan-to-value ratio immediately preceding the partial release; and (iv) the remaining parcel will satisfy all legal requirements and the requirements of all leases affecting the remaining parcel and will not be in violation of any applicable legal requirements and all necessary variances have been obtained.  The portion of the Mortgaged Property that may be released contains only parking spaces and a maintenance garage and was given no value in underwriting.
   
(34) The Occupancy Date for buildings I, II, III, IV and VI is as of the rent roll dated January 1, 2017 and the Occupancy Date for building V is as of the rent roll dated December 15, 2016.
   
(35) The Environmental Phase I Report Date for buildings I, II and III is November 30, 2016 and December 1, 2016 for buildings IV, V and VI.
   
(36) The Cut-off Date Balance ($) of $35,034,012 represents the controlling note A-1 of a $55,125,000 Loan Combination evidenced by two pari passu notes. The non-controlling note A-2 with an outstanding principal balance as of the Cut-off Date of $19,948,363 is expected to be contributed to a future securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $54,982,675.
   
(37) The historical financial information is not available for Hamilton Crossing building V due to the current vacancy and recent acquisition of the building.
   
(38) The Mortgaged Property’s Appraised Value ($) represents the “hypothetical as is” appraised value, which assumes the remaining contractual obligations consisting of free rent, leasing commissions, tenant improvements and capital improvements, totaling approximately $24.2 million, as of October 1, 2016, have been expended. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $470,000,000.  The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the “as-is” appraised value of $445,000,000 are 64.0% and 64.0%, respectively.
   
(39) The Second Largest Tenant, National Geographic, has signed a lease, took possession of its space in October 2016, and has not yet begun paying rent. At origination, the borrower deposited $11,517,808 for free rent, tenant improvement allowances and leasing commissions related to National Geographic.
   
(40) The Third Largest Tenant, Gulliver’s Gate, has signed a lease but has not yet taken occupancy of its leased space. At origination, the borrower deposited $5,518,113 for free rent, tenant improvement allowances and leasing commissions related to Gulliver’s Gate.
   

 

  

 

 

Footnotes to Annex A

 

(41) The Cut-off Date Balance ($) of $30,000,000 represents the non-controlling note A-4-A of a $285,000,000 Loan Combination evidenced by nine pari passu notes. The controlling note A-1 and non-controlling note A-6, which have an aggregate outstanding principal balance as of the Cut-off Date of $75,000,000, were contributed to the CD 2016-CD2 securitization transaction. The non-controlling notes A-4-B, A-5, A-7 and A-8 with an aggregate outstanding principal balance as of the Cut-off Date of $100,000,000, were contributed to the CD 2017-CD3 securitization transaction. The non-controlling notes A-2 and A-3 which have an aggregate outstanding principal balance as of the Cut-off Date of $80,000,000, are currently held by Deutsche Bank AG, New York Branch or an affiliate and are expected to be contributed to the JPMDB 2017-C5 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $285,000,000.
   
(42) The 2016 cash flows represent actual operations for November 2015 through August 2016 and have been annualized.  The borrower sponsor acquired the retail condominium portion of the Mortgaged Property in October 2015. 
   
(43) See “Description of the Mortgage Pool-Non-Recourse Carveout Limitations” in this Preliminary Prospectus for more information regarding the sponsor of the Mortgage Loan.
   
(44) The Largest Tenant, Smith’s Food & Drug dba Food 4 Less, occupying approximately 52.9% of the net rentable SF at the Mortgaged Property, includes a sublease between Smith’s Food & Drug Centers, Inc. and Food 4 Less of California, Inc. for 100% of the space.  Both tenants are owned by the Kroger Company.  Rent and lease term are the same in each lease.
   
(45) The Ongoing TI/LC Reserve ($) deposits are for the cost of tenant improvements and leasing commissions associated with the portion of the Mortgaged Property currently occupied by Food 4 Less (the “Food 4 Less Space”) and are capped at $500,000 with replenishment obligations.  Notwithstanding the foregoing, upon renewal of the Food 4 Less lease, the borrower may obtain release of TI/LC reserve funds in excess of $350,000 and TI/LC reserve funds may be used in respect of any tenant at the Mortgaged Property; provided that if TI/LC reserve funds are reduced below $250,000, the obligation to make monthly deposits into the TI/LC reserve fund will resume (but will be capped at $350,000).   Further notwithstanding the foregoing, 24 months prior to the Maturity Date, the capped amount increases to $500,000 and the TI/LC reserve funds are once again solely available for use in connection with tenant improvements and leasing commissions associated with the Food 4 Less Space.
   
(46) The Third Largest Tenant, Starwood Capital Operations, LLC (28,764 SF), representing approximately 7.6% of net rentable space, has multiple leases that expire as follows: 24,027 SF expire on February 28, 2023 and 4,737 SF expire on July 31, 2019.
   
(47) If the balance of TI/LC reserve falls below $1,424,479, the monthly deposits into the TI/LC reserve will recommence until the amount on deposit in the TI/LC reserve once again reaches the reserve cap of $2,848,958.
   
(48) The Cut-off Date Balance ($) of $29,500,000 represents the non-controlling note A-3 comprising a portion of an $87,500,000 Loan Combination evidenced by three pari passu notes. The controlling note A-2, which has an outstanding principal balance as of the Cut-off Date of $25,000,000, was contributed to the CSMC 2016-NXSR securitization transaction. The non-controlling note A-1, which has an outstanding principal balance as of the Cut-off Date of $33,000,000, was contributed to the MSC 2016-UBS12 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $87,500,000.
   
(49) Two of the related buildings are subject to a ground lease; Building 8 is subject to a 99-year ground lease expiring on May 31, 2076. Currently, the annual ground lease payment is $178,000. At the end of every 20-year period, the annual base rent will increase by an amount equal to 25% of any increase in rental income payable to the lessee from its tenants in the new building to be erected on the premises over that amount of rental income payable 3 years after the date upon which the certificate of occupancy was issued (with the next increase scheduled to occur on December 14, 2018). Building 9 is subject to a 99-year ground lease expiring in September 8, 2076. Currently, the annual ground lease payment is $34,385. Commencing on the 56th year of the lease term, rent will be as determined by agreement by and between the ground lessor and lessee.  Disagreements will be handled by arbitration.

 

  

 

 

Footnotes to Annex A

   
(50) The borrower has the right to release portions of the Mortgaged Property as requested by the borrower (the “Free Release Parcel”) as approved by the lender in its sole and absolute discretion, provided the conditions in the loan documents are met including, among others: (i) no event of default has occurred and is continuing; (ii) following the release, the remaining Mortgaged Property will be in compliance with applicable legal requirements and all provisions of any leases of any portion of the Mortgaged Property that are then in effect (including, without limitation, as to required parking spaces, restrictions on development, access and similar matters), and the Free Release Parcel will be subject to a restrictive covenant prohibiting the use or development thereof in any manner that violates any provision of any then-existing lease of the remaining Mortgaged Property; (iii) the remaining portion of the Mortgaged Property maintains a minimum combined debt service coverage ratio equal of the greater of (a) a combined debt service coverage ratio of 1.58x or (b) the combined debt service coverage ratio for the twelve full calendar months immediately prior to the release; (iv) the remaining portion of the Mortgaged Property maintains a maximum combined loan to value ratio equal to the lesser of (a) the combined loan to value ratio of 72.8% or (b) the combined loan to value ratio immediately prior to the release; and (v) compliance with REMIC requirements, and the ratio of the unpaid principal balance of the loan to the value of the remaining Mortgaged Property is greater than 125%. No value was attributed to the Free Release Parcel in the appraisal. The borrower is only permitted to construct multi-family improvements with ancillary retail on the Free Release Parcel.
   
(51) The Ground Lease Expiration Date is May 31, 2076 with respect to building 8 and September 8, 2076 with respect to building 9 at the Greenwich Office Park Mortgaged Property. The Annual Ground Lease Payment ($) is $178,000 for building 8 and $34,385 for building 9.
   
(52) The Cut-off Date Balance ($) of $29,000,000 represents the non-controlling note A-2  of a $120,000,000 Loan Combination evidenced by four pari passu notes. The controlling note A-1 and non-controlling note A-3, with an aggregate outstanding principal balance as of the Cut-off Date of $67,000,000, were contributed to the CD 2017-CD3 securitization transaction. The non-controlling note A-4 with an outstanding principal balance as of the Cut-off Date of $24,000,000 is currently held by Deutsche Bank AG, New York Branch and is expected to be contributed to a future securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $120,000,000.
   
(53) The lockout period will be at least 27 payment dates beginning with and including the first payment date on February 6, 2017. For the purposes of this Preliminary Prospectus, the assumed lockout period of 27 payment dates is based on the expected CGCMT 2017-P7 securitization closing date in April 2017. The actual lockout period may be longer. 
   
(54) At the origination of the Mortgage Loan, the borrower funded an economic holdback reserve in the amount of $29,490,000. The economic holdback reserve disbursement conditions were dependent upon (i) the borrower submitting to lender a request for disbursement, (ii) the borrower delivering the NYS Workers Comp lease extension, (iii) no event of default is continuing on the date the disbursement was requested or made and (iv) the debt yield on underwritten net cash flow is equal to or greater than 7.0% on both the date that borrower requests disbursement and the date on which the disbursement is made. The borrower satisfied all of the conditions and the reserve has been released to the borrower in the amount of $27,990,000, with the remaining $1,500,000 deposited into a NYS Workers Comp TI/LC reserve account to be used solely for tenant improvement and leasing commission costs associated with any further renewal of the NYS Workers Comp lease or re-leasing the NYS Workers Comp space.
   
(55) The borrower has the right to release a portion of the Mortgaged Property in connection with the imposition of a leasehold condominium at any time other than the sixty (60) days prior to and following any secondary market transaction provided that certain conditions are satisfied. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus. 

 

  

 

 

Footnotes to Annex A

   
(56) On each monthly payment date occurring in the months of May, June, July and August, to the extent the balance of the seasonality reserve account is less than $1,000,000, the borrower shall pay to lender (i) if a cash management period is continuing, an amount equal to the greater of (x) $250,000 and (y) all amounts then remaining after payment of items defined in the Mortgage Loan documents or (ii) if no cash management period is then continuing, $250,000. If on any monthly payment date occurring in the months of November, December and January, the Hilton Anchorage Property produces insufficient net cash flow to make payments as set forth in the Mortgage Loan documents, then lender must disburse funds to the extent necessary to make such payments, so long as, (a) if the disbursement is less than $100,000 for the month of November, $750,000 for the month of December, or $150,000 for the month of January, then borrower must deliver an officer’s certificate which certifies that borrower is entitled to draw the funds and (b) if the disbursement amount is greater than $100,000 for the month of November, $750,000 for the month of December, or $150,000 for the month of January, then borrower must deliver to lender documents which establish, to lender’s reasonable satisfaction, the existence and amount of the operating deficit for such period.
   
(57) On each monthly payment date occurring in 2017, borrower must deposit the amount of $190,214 into the Ongoing Replacement Reserve ($) account, $113,516 of which is allocated to the Renaissance Concourse Atlanta Airport Hotel Property and $76,703 of which is allocated to the Hilton Anchorage Property. On each monthly payment date beginning with the payment date in January 2018 through the end of the loan term, borrower must deposit with lender an amount equal to the greater of (a) an amount equal to (i) one-twelfth (1/12) of five percent (5%) of gross income from operations of the Renaissance Concourse Atlanta Airport Hotel Property during the calendar year immediately preceding the calendar year in which such monthly payment date occurs and (ii) one-twelfth (1/12) of four percent (4%) of gross income from operations of the Hilton Anchorage Property during the calendar year immediately preceding the calendar year in which such monthly payment date occurs and (b) the aggregate amount, if any, required to be reserved under the Management Agreement and the Franchise Agreement.
   
(58) The Hilton Anchorage Property leases 150 parking spaces under a ground lease that expires on January 31, 2065. The annual rent is $121,806 and increases by compounded CPI adjustments every five years.
   
(59) On each monthly payment date occurring from and after the occurrence of the PIP Reserve Trigger Event Date through and including the monthly payment date upon which a Cash Sweep Event Cure occurs, the borrower shall deposit with the lender all available excess cash flow. In addition, (i) if, on or before April 6, 2025, (a) the Anchorage Franchise Agreement has not been renewed or replaced with a Replacement Franchise Agreement and (b) the Anchorage PIP Deposit Conditions have not been satisfied, the borrower shall deposit with the lender the Anchorage PIP Deposit Amount and (ii) if, at any time, following April 6, 2025, the lender determines that amounts on deposit in the PIP Reserve Account together with any amounts in the Anchorage Capital Expenditure Account will be insufficient to pay the then estimated costs for any PIP work, the borrower shall make a True Up Payment. 
   
(60) The Allocated Cut-off Date Loan Amount ($) for the Hilton Anchorage and Renaissance Concourse Atlanta Airport Hotel Properties is allocated based on the weighted average of the Atlanta and Anchorage Hotel Portfolio Loan Combination Cut-off Date Balance of $114,845,346 and the respective property’s appraisal value.
   
(61) The Cut-off Date Balance ($) of $27,962,345 represents the non-controlling note A-2 of a $115,000,000 Loan Combination evidenced by five pari passu notes. The controlling note A-1-A and non-controlling note A-1-B have an aggregate outstanding principal balance as of the Cut-off Date of $52,429,397, are currently held by Rialto Mortgage Finance, LLC, and are expected to be contributed to one or more future securitization transactions. The non-controlling notes A-3-A and A-3-B have an aggregate outstanding principal balance as of the Cut-off Date of $34,453,604, are currently held by Barclays Bank PLC, and are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $114,845,346.
   
(62) The lockout period will be at least 25 payment dates beginning with and including the first payment date of April 6, 2017. For the purposes of this Preliminary Prospectus, the assumed lockout period of 25 months is based on the expected CGCMT 2017-P7 securitization closing date in April 2017. The actual lockout period may be longer.
   
(63) Other Sources ($) consists of a $1,246,929 credit for escrows received at closing from the payoff of the borrower’s prior loan.

 

  

 

 

Footnotes to Annex A

   
(64) The Mortgaged Property’s Appraised Value ($) represents the combined “as-stabilized” appraised value as of May 1, 2017, which assumes 100.0% stabilized occupancy concurrent with the Providence Health lease commencement date and the completion of the current renovation. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s Appraised Value ($) of $40,700,000.  The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the combined “as-is” appraised value of $36,100,000 are 72.0% and 72.0%, respectively.
   
(65) The Occupancy Date of May 1, 2017 reflects the lease commencement date for the sole tenant, Providence Health, at the Mortgaged Property. An unfunded obligations reserve of $1,189,980 and a free rent reserve of $1,011,184 were funded at closing to cover all outstanding liabilities until the tenant takes occupancy of its space.
   
(66) Historical cash flows are unavailable for the Mortgaged Property due to the sponsors’ acquisition of the Mortgaged Property in 2015, which, at the time of acquisition, was occupied by the previous owner.
   
(67) The Third Largest Tenant, Panasonic Broadcast & Television (18,136 SF), representing approximately 17.7% of net rentable space, has multiple leases that expire as follows: 11,380 SF expire on April 30, 2020 and 6,756 SF expire on February 29, 2020.
   
(68) If the balance of TI/LC reserve falls below $230,947, the monthly deposits into the TI/LC reserve will recommence until the amount on deposit in the TI/LC reserve once again reaches the reserve cap of $461,894.
   
(69) The Mortgaged Property is subject to a ground lease expiring on December 31, 2037.  Ground rent has been paid in full through the related ground lease expiration date.  
   
(70) The Mortgage Loan Rate (%) shown is the interest rate on April 5, 2017. The Underwritten NCF DSCR (x) are calculated based on the average debt service of the first 12 payments dates starting with April 5, 2017.
   
(71) The Mortgage Loan follows the special interest and amortization payment schedule. The Original Balance ($), Cut-off Date Balance ($), Allocated Cut-off Date Loan Amount ($), Balloon Balance ($) and Underwritten NCF DSCR (x) were calculated based on a non-standard amortization schedule attached to the preliminary prospectus as Annex G-2. The rate shown is the interest rate on April 5, 2017. The Underwritten NCF DSCR (x) is calculated based on the average debt service of the first 12 payments dates starting with April 5, 2017.
   
(72) The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgaged Property’s “as-stabilized” value. The “as-stabilized” value includes seller credits to the buyer as of January 11, 2017 for bridge rent for the transient parking, storage income, and for retail tenants until their leases commence in June and August 2017, respectively. The appraiser concluded to an “as-is” Appraised Value ($) of $255,000,000. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are calculated based upon the Mortgage Property’s “as-is” value are 24.4% and 24.4%.
   
(73) The Second Largest Tenant, Restaurants Unlimited Inc dba Henry’s Tavern (5,282 SF), representing approximately 1.8% of net rentable space, will take occupancy in August 2017. At origination, the amount of $71,313 was escrowed for the tenant in an upfront retail tenant reserve and the amount of $574,500 was escrowed for the tenant in an upfront tenant improvement reserve for the build out of the related space. The Third Largest Tenant, Sprout Good Greens, Inc. dba SPROUT (1,977 SF), representing approximately 0.7% of net rentable space, will also take occupancy in August 2017. At origination, the amount of $28,831.25 was escrowed for this tenant in an upfront retail tenant reserve and the amount of $237,240 was escrowed for this tenant in an upfront tenant improvement reserve for the build out of the related space.
   
(74) The Cut-off Date Balance ($) of $24,000,000 represents the non-controlling note A-2 comprising a portion of a $149,207,361 Loan Combination evidenced by (i) two senior pari passu notes (notes A-1 and A-2) with an aggregate outstanding principal balance as of the Cut-off Date of $62,231,428, and (ii) one junior note (note B) with an outstanding principal balance as of the Cut-off Date of $86,975,933, which is subordinate to the two senior pari passu notes. Note A-1, which has an outstanding principal balance as of the Cut-off Date of $38,231,428, and will be the controlling note if and when note B is not, is currently held by Natixis Real Estate Capital LLC or an affiliate and is expected to be contributed to one or more future commercial mortgage securitization transactions. Note B is currently held by an unaffiliated third party investor and will be the controlling note unless an “AB Control Appraisal Period” is in effect. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the aggregate outstanding principal balance as of the Cut-off Date for the two senior pari passu notes of $62,231,428.

 

  

 

 

Footnotes to Annex A

   
(75) The Fourth Largest Tenant, JS Nostrand Market, has a lease commencement date of June 1, 2017. At closing, the borrower deposited $20,600 into a free rent reserve to cover outstanding rent obligations associated with the tenant.
   
(76) The Cut-off Date Balance ($) of $20,000,000 represents the non-controlling notes A-4 and A-5 comprising a portion of a $165,000,000 Loan Combination evidenced by (i) six senior pari passu notes (notes A-1, A-2, A-3, A-4, A-5 and A-6) with an aggregate outstanding principal balance as of the Cut-off Date of $145,000,000, and (ii) one junior note (note B) with an outstanding principal balance as of the Cut-off Date of $20,000,000, which is subordinate to the six senior pari passu notes. The non-controlling notes A-1 and A-6, which have an aggregate outstanding principal balance as of the Cut-off Date of $50,000,000, were contributed to the CSMC 2016-NXSR securitization transaction. Note A-2, which has an outstanding principal balance as of the Cut-off Date of $50,000,000 and will be the controlling note if and when note B is not, was contributed to the WFCM 2016-NXS6 securitization transaction. Non-controlling note A-3, which has an outstanding principal balance as of the Cut-off Date of $25,000,000, was contributed to the WFCM 2016-NXS6 securitization transaction. Note B is currently held by SM Core Credit Finance LLC and will be the controlling note unless an “AB Control Appraisal Period” is in effect. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the aggregate outstanding principal balance as of the Cut-off Date for the six senior pari passu notes of $145,000,000.
   
(77) The Largest Tenant, District Cowork Nomad LLC (14,400 SF) at the Mortgaged Property identified as 1204 Broadway, representing approximately 18.6% of net rentable space of portfolio has multiple leases that expire as follows: 13,500 SF expire in November 1, 2019 and 900 SF expire in December 31, 2026. The Second Largest Tenant, PRYM 1216, LLC (6,000 SF) at the Mortgaged Property identified as 1214- 1216 Broadway, representing approximately 7.8% of net rentable space of portfolio has multiple leases that expire as follows: 3,500 SF expire in April 1, 2030 and 2,500 SF expire in December 1, 2029.
   
(78) The Largest Tenant, District Cowork Nomad LLC (14,400 SF) at the Mortgaged Property identified as 1204 Broadway, representing approximately 18.6% of net rentable space of portfolio, has not taken occupancy of 900 SF of its space, but is paying rent for this space and has not taken occupancy for another 3,000 SF of its space, and will pay rent for this space starting February, 2018. For the Second Largest Tenant, PRYM 1216, LLC (6,000 SF) at the Mortgaged Property identified as 1214-1216 Broadway, representing approximately 7.8% of net rentable space of the portfolio, has not taken occupancy of 3,500 SF of its space, and will pay rent for this space starting May, 2017.
   
(79) The Cut-off Date Balance ($) of $20,000,000 represents the non-controlling note A-2 comprising a portion of a $58,000,000 Loan Combination evidenced by two pari passu notes. The controlling note A-1, which has an aggregate outstanding principal balance as of the Cut-off Date of $38,000,000, is currently held by Natixis Real Estate Capital LLC or an affiliate and is expected to be contributed to one or more future commercial mortgage securitization transactions. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $58,000,000.
   
(80) The lockout period will be at least 28 payment dates beginning with and including the first payment date of January 5, 2017. For the purposes of this preliminary prospectus, the assumed lockout period of 28 months is based on the expected CGCMT 2017-P7 securitization closing date in April 2017. The actual lockout period may be longer.
   
(81) No allocated property loan balance was provided in loan agreement, and the allocated property loan balance was calculated based on the size of each property.
   
(82) The Mortgaged Property consists of 128 multifamily units and 3,910 SF of retail space. The retail portion is comprised of a restaurant tenant, Sauce on the Side, and a 20-year lease agreement with Magnolia Hotel to use a portion of the lobby and second floor for events such as banquets, meetings, conferences, weddings, and other events. The retail portion generates annual underwritten base rent of $157,000.

 

  

 

 

Footnotes to Annex A

   
(83) The Cut-off Date LTV Ratio (%), the Debt Yield on Underwritten Net Operating Income (%) and the Debt Yield on Underwritten Net Cash Flow (%) are calculated net of a $700,000 debt yield holdback reserve. The debt yield holdback reserve shall be disbursed to the borrower upon satisfaction of certain requirements including, but not limited to, (i) no event of default exists under the Mortgage Loan documents, (ii) the borrower delivers to lender concurrently with such disbursement request updated operating statements and an updated rent roll for the Mortgaged Property, (iii) lender has determined that the debt yield, based on the trailing 12-months is equal to or greater than 8.0%. The Cut-off Date LTV Ratio (%), the Debt Yield on Underwritten Net Operating Income (%) and the Debt Yield on Underwritten Net Cash Flow (%) calculated based upon the fully funded aggregate Mortgage Loan amount of $16,000,000 are 65.8%, 8.3% and 7.9%, respectively.
   
(84) The Largest Tenant and sole tenant, Novo Nordisk Inc., currently occupies 69.4% of the net rentable area at the Mortgaged Property, but Occupancy ($) reflects 78.0% which is the total amount of space the tenant has leased and currently pays rent on, as a result of the tenant’s most recent expansion at the Mortgaged Property.
   
(85) The Cut-off Date Balance ($) of $15,000,000 represents the non-controlling notes A-10 and A-13 comprising a portion of a $168,300,000 Loan Combination evidenced by thirteen pari passu notes. The controlling note A-1 and non-controlling notes A-7, A-8 and A-9, which have an aggregate outstanding principal balance as of the Cut-off Date of $60,000,000, were contributed to the CSMC 2016-NXSR securitization transaction. The non-controlling notes A-3, A-4, A-5, A-11 and A-12, which have an aggregate outstanding principal balance as of the Cut-off Date of $73,300,000, were contributed to the WFCM 2016-NXS6 securitization transaction. The non-controlling note A-6, which has an outstanding principal balance as of Cut-off Date of $20,000,000, was contributed to the MSC 2016-UBS12 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $168,300,000.
   
(86) From and after the anticipated repayment date (September 5, 2021), the Mortgage Loan will accrue interest at a per annum rate equal to the sum of (i) 3.48200% and (ii) 3.00000% plus the amount (if any) by which the five-year treasury rate exceeds 2.50000%. The payment of the additional interest will be deferred until the entire principal balance of the loan is paid in full.
   
(87) The Mortgage Loan has a maximum principal balance of $207,880,000 and an original principal balance of $168,300,000. Note A-2 is currently unfunded; however, the holder of Note A-2 is required to make advances available for (i) approved tenant improvements and leasing commissions, which are estimated to be $16,580,000, in connection with the exercise of Novo Nordisk Inc.’s right under its lease to take expansion space at the Novo Nordisk Property and (ii) earnout funds which are estimated to be $23,000,000.
   
(88) All statistical financial information are based on the funded outstanding principal balance of the Loan Combination as of the Cut-off Date. Based on the maximum principal balance of the Loan Combination, the “as-expanded” appraised value, assuming the Mortgaged Property is 100% occupied by January 1, 2018, and the fully funded Underwritten Net Cash Flow ($), the Loan Per Unit ($), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%) and Debt Yield on Underwritten Net Cash Flow (%) would be $272.87, 60.7%, 60.7% and 10.6%, respectively. The fully funded Underwritten NCF DSCR (x) (calculated at the maximum potential interest rate) is 2.71x.
   
(89) The Mortgaged Property consists of 135 multifamily units and 8,802 SF of retail space. The retail portion is comprised of five tenants that contribute annual underwritten base rent of $185,850.
   
(90) The Second Largest Tenant, Conoco Phillips, occupying approximately 16.6% of the net rentable SF, assigned its right, title and interest under its ground-leased portion of the Mortgaged Property to Western Dealer Holding Company, LLC (Northwest Dealerco Holdings, LLC), which has a sublease with Tai Phat Nguyen and Vivian Anna Hoang for 100.0% of the space.  Rent and lease term are the same in each lease.
   
(91) The historical financial information is not available due to the recent acquisition of the Mortgaged Properties.

 

  

 

 

Footnotes to Annex A

   
(92) At any time following two years after the Closing Date, the borrower may voluntarily defease a portion of the Mortgage Loan and obtain a release of an individual Mortgaged Property provided that certain conditions are satisfied, including (i) delivery of a rating agency confirmation, (ii) after giving effect to the release, the debt service coverage ratio with respect to the remaining Mortgaged Properties is greater than the greater of (1) the debt service coverage ratio of all Mortgaged Properties immediately prior to the release and (2) 1.35x; (iii) after giving effect to the release, the debt yield with respect to the remaining Mortgaged Properties is greater than the greater of (1) the debt yield of all Mortgaged Properties immediately prior to the release and (2) 8.74%; and (iv) after giving effect to the release, the loan-to-value ratio with respect to the remaining Mortgaged Properties is no greater than the lesser of (1) the 64.6% and (2) the loan-to-value ratio of all Mortgaged Properties immediately prior to the release.
   
(93) The Second Largest Tenant, Middle Village Associates, L.L.C., representing 265,000 SF and 16.9% of the net rentable area, subleases 88.1% of its space to 15 tenants for a total annual base rent of $4,400,639 ($16.61 PSF).  The terms of the three largest subtenants are as follows: (i) BJ’s Wholesale Club, Inc., representing 135,254 SF of space for a total annual base rent of $2,583,351 ($19.10 per SF expiring on September 30, 2024); (ii) Alfa Management Group Inc., representing 27,378 SF of space for a total annual base rent of $492,000 ($17.97 per SF expiring on October 31, 2023); and (iii) Jennifer Convertibles, Inc., representing 11,700 SF of space for a total annual base rent of $269,100 ($23.00 per SF expiring on June 30, 2025).
   
(94) The Cut-off Date Balance ($) of $12,000,000 represents the non-controlling note A-5 comprising a portion of a $132,000,000 Loan Combination evidenced by five pari passu notes. The controlling note A-1 and non-controlling note A-4, which have an aggregate outstanding principal balance as of the Cut-off Date of $60,000,000, were contributed to the CSMC 2016-NXSR securitization transaction. The non-controlling notes A-2 and A-3, which have an aggregate outstanding principal balance as of the Cut-off Date of $60,000,000, were contributed to the WFCM 2016-NXS6 securitization transaction. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $132,000,000.
   
(95) The Cut-off Date LTV Ratio (%) is calculated using the “as-is” Appraised Value ($) of $15,800,000 plus the $2,000,000 PIP reserve that the borrower deposited at closing. The franchise agreement is up for renewal in January 2020 and the upfront PIP reserve of $2,000,000 represents the estimated cost of the required property improvement plan.
   
(96) Beginning on the first monthly payment date up to and including the payment date in February, 2018, the borrower must fund a monthly FF&E reserve in an amount equal to one-twelfth of 1.0%, from the monthly payment date in March, 2018 through February, 2019, an amount equal to one-twelfth of 2.0%, from the monthly payment date in March, 2019 through February, 2020 an amount equal to 3.0%, and from the monthly payment date in March, 2020 through the remaining term of the loan, an amount equal to 4.0% of the greater of (x) the annual gross revenues for the hotel related operations at the Mortgaged Property for the immediately preceding calendar year as reasonably determined by lender and (y) the projected annual gross revenues for the hotel related operations at the Mortgaged Property for the calendar year in which such monthly payment date occurs.
   
(97) Closing Costs ($) include a $2,758,008 payment to buy out a partner’s interest in the borrower’s limited partnership structure.
   
(98) The Cut-off Date LTV Ratio (%), the Debt Yield on Underwritten Net Operating Income (%) and the Debt Yield on Underwritten Net Cash Flow (%) are calculated net of a $300,000 property costs holdback reserve. The property costs holdback reserve of $300,000 shall be disbursed to the borrower upon satisfaction of certain requirements including, but not limited to, (i) the borrower provides evidence that funds will be used for property costs as defined in the Mortgage Loan documents, (ii) the debt yield is not less than the greater of (a) the closing date debt yield and (b) 8.75%, (iii) on the date of disbursement, the ratio of the principal amount of the Mortgage Loan to the acquisition costs incurred by or on behalf of the borrower is not greater than 75.0% and (iv) lender shall not disburse any funds until the immediate repairs, as defined in the Mortgage Loan documents, are completed. The Cut-off Date LTV Ratio (%), the Debt Yield on Underwritten Net Operating Income (%) and the Debt Yield on Underwritten Net Cash Flow (%) calculated based upon the fully funded aggregate Mortgage Loan amount of $11,600,000 are 71.6%, 8.6% and 8.4%, respectively.
   
(99) The purpose of the Mortgage Loan was to provide proceeds for the recapitalization of the AA Self Storage Property located in Cold Spring, Kentucky, which was acquired at a purchase price of $6,175,000 in June 2016, and the acquisition of the Mini Flex Storage - Troy Highway and Mini Flex Storage - Troy Annex Properties for a combined purchase price of $9,175,000. The total purchase price for the Amsdell Cold Spring & Montgomery Portfolio is $15,350,000.

 

  

 

 

Footnotes to Annex A

   
(100) If the Upfront TI/LC Reserve ($) is drawn upon such that the balance is below the cap of $1,500,000, on each monthly payment date the borrower is required deposit the sum of $25,000 as an Ongoing TI/LC Reserve ($) until such time as the TI/LC reserve account balance reaches $1,500,000.
   
(101) Historical cash flows for the years 2014 and 2015 use the reporting period of February 1, 2014 through January 31, 2015 and February 1, 2015 through January 31, 2016, respectively.
   
(102) The Cut-off Date Balance ($) of $10,000,000 represents the non-controlling note A-2 of a $22,750,000 Loan Combination evidenced by two pari passu notes. The controlling note A-1 has an outstanding principal balance as of the Cut-off Date of $12,750,000 and was contributed to the CD 2017-CD3 securitization transaction.  Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations are based on the Loan Combination Cut-off Date Balance of $22,750,000.
   
(103) If the Upfront TI/LC Reserve ($) is drawn upon such that the balance is below $90,000, on each monthly payment date the borrower is required to deposited an amount of $7,274 for the Ongoing TI/LC Reserve ($) until such time as the TI/LC reserve account balance reaches the reserve cap of $261,876.
   
(104) The Ongoing Replacement Reserve ($) will be adjusted based on monthly operating statements and will be 4% of gross rents for the immediately preceding calendar month. The current Ongoing Replacement Reserve ($) constant is $14,780.
   
(105) On each payment date occurring in September, October and November each year during the loan term, the borrower is required to deposit an amount equal to $33,333 to the seasonal reserve account.
   
(106) At any time after the second anniversary of the closing date, and before the maturity date, the borrower may release from the lien of the mortgage one or more Mortgaged Properties through a partial defeasance provided that certain conditions under the Mortgage Loan documents are satisfied, including, among other requirements: (a) the borrower defeases the Mortgage Loan in an amount equal to the greater of (i) 115% of the allocated loan amount and (ii) 100% of the net proceeds applicable to the released Mortgaged Property, (b) delivery of an opinion of counsel for the borrower, a REMIC opinion, and rating agency confirmation, (c) a debt yield of greater than the greater of (i) the debt yield of the Mortgaged Properties immediately prior to such release and (ii) 9.25%; (d) a debt service coverage ratio of greater than the greater of (i) the debt service coverage ratio of the Mortgaged Properties immediately prior to such release and (ii) 1.75x; (e) a maximum loan to value ratio of the lesser of (i) the loan to value ratio that existed prior to such release and (ii) 60.0%; and (f) all legal requirements are satisfied for the remaining properties.
   
(107) The Ongoing Replacement Reserve ($) will be adjusted based on monthly operating statements and will be 4% of gross rents for the immediately preceding calendar month. The current Ongoing Replacement Reserve ($) constant is $7,449.
   
(108) The Ongoing Replacement Reserve ($) will be adjusted based on annual operating statements and will be 1/12 of 4% of gross revenues for the immediately preceding year. The current Ongoing Replacement Reserve ($) constant is $9,150.
   
(109) On each payment date occurring in July, August, September and October each year during the loan term, the borrower is required to deposit an amount equal to $90,000, $80,000, $55,000 and $15,000, respectively to the seasonality reserve account.
   
(110) The Ongoing Replacement Reserve ($) will be adjusted based on monthly operating statements and will be 4% of gross rents for the immediately preceding calendar month. The current Ongoing Replacement Reserve ($) constant is $6,001.
   
(111) On each payment date occurring in July through, and including, December each year during the loan term, the borrower shall deposit an amount equal to $17,500 to the seasonal reserve account.
   
(112) On each payment date beginning on January 5, 2019 through December 5, 2019, inclusive, the borrower is required to deposit an amount equal to $7,818, for use in connection with the performance of Required Capital Improvements pursuant to, and in accordance with the terms of the Property Improvement Plan, PIP reserve account.

 

 

  

 

 

Footnotes to Annex A

   
(113) If the balance of Upfront Replacement Reserve ($) falls below $350,000, the monthly deposits into the Ongoing Replacement Reserve ($) will recommence until the amount on deposit in the  replacement reserve once again reaches the reserve cap of $500,000.
   
(114) The Occupancy (%) for Baillie MHC Portfolio and the Colonial Estates Property exclude from the calculation two units located at the Colonial Estates Property that are administrative units. One unit is used as office space and one unit is used as a mail area, neither of which are available for rent at the Colonial Estates Property.
   
(115) The historical cash flows for the years 2013 and 2014 are not available for all Baillie MHC Portfolio Properties due to the timing of acquisitions of the individual Mortgaged Properties. The Carey Estates Property was purchased in December 2014 and the Colonial Estates Property was purchased in 2013.
   
(116) At any time after the second anniversary of the closing date, and before the maturity date, the borrower may release from the lien of the mortgage one or more Mortgaged Properties through a partial defeasance provided that certain conditions under the Mortgage Loan documents are satisfied, including, among other requirements: (a) the borrower defeases the Mortgage Loan in an amount equal to the greater of (i) 120% of the allocated loan amount and (ii) 85% of the net proceeds applicable to the released Mortgaged Property, (b) delivery of an opinion of counsel for the borrower, a REMIC opinion, and rating agency confirmation, (c) a debt yield of greater than the greater of (i) the debt yield of the Mortgaged Properties immediately prior to such release and (ii) 10.66%; (d) a debt service coverage ratio of greater than the greater of (i) the debt service coverage ratio of the Mortgaged Properties immediately prior to such release and (ii) 1.61x; (e) a maximum loan to value ratio of the lesser of (i) the loan to value ratio that existed prior to such release and (ii) 66.0%; and (f) all legal requirements are satisfied for the remaining properties.
   
(117) The Ongoing Replacement Reserve ($) will be adjusted based on monthly operating statements and will be 4% of gross rents for the immediately preceding calendar month. The current Ongoing Replacement Reserve ($) constant is $4,361.
   
(118) On each payment date occurring in July, August, September, October and November each year during the loan term, the borrower is required to deposit an amount equal to $14,000, $50,000, $50,000, $50,000 and $50,000, respectively to the seasonal reserve account.

 

  

 

MORTGAGE POOL CHARACTERISTICS
     
Mortgage Pool Characteristics    
Initial Pool Balance $  1,025,317,969
Number of Mortgage Loans   46
Number of Mortgaged Properties   58
Average Cut-off Date Mortgage Loan Balance $  22,289,521
Weighted Average Mortgage Interest Rate   4.6859%
Weighted Average Remaining Term to Maturity (months)   112
Weighted Average Remaining Amortization Term (months)   341
Weighted Average Cut-off Date LTV Ratio   58.9%
Weighted Average Maturity Date LTV Ratio   54.1%
Weighted Average Underwritten Debt Service Coverage Ratio   1.92x
Weighted Average Debt Yield on Underwritten NOI   10.8%

 

  

 

  COLLATERAL OVERVIEW
           
  Mortgage Loans by Loan Seller        
  Mortgage Loan Seller Mortgage Loans Mortgaged
Properties		 Aggregate Cut-off Date Balance % of Initial Pool Balance
  Citigroup Global Markets Realty Corp. 13 14 291,814,412 28.5%
  Citi Real Estate Funding Inc. 10 19 260,624,490 25.4%
  Natixis Real Estate Capital LLC 16 18 253,439,718 24.7%
  Principal Commercial Capital 7 7 219,439,348 21.4%
  Total 46 58 1,025,317,969 100.0%
           
  Property Types        
  Property Type / Detail Number of Mortgaged Properties  Aggregate Cut-off Date Balance  % of Initial Pool Balance  
  Office 18 549,764,588 53.6%  
  Suburban 10 266,764,588 26.0%  
  CBD 4 165,000,000 16.1%  
  Medical Office 4 118,000,000 11.5%  
  Retail 13 190,972,067 18.6%  
  Anchored 6 146,561,878 14.3%  
  Single Tenant Retail 6 36,610,189 3.6%  
  Shadow Anchored 1 7,800,000 0.8%  
  Mixed Use 4 81,438,122 7.9%  
  Office/Hospitality 1 50,000,000 4.9%  
  Office/Retail 2 19,438,122 1.9%  
  Office/Retail/Warehouse 1 12,000,000 1.2%  
  Multifamily 4 70,850,000 6.9%  
  High-Rise with Retail 2 34,850,000 3.4%  
  High-Rise 1 20,000,000 2.0%  
  Garden 1 16,000,000 1.6%  
  Hospitality 8 66,742,238 6.5%  
  Full Service 4 40,385,000 3.9%  
  Limited Service 3 14,386,787 1.4%  
  Extended Stay 1 11,970,451 1.2%  
  Industrial 3 39,467,838 3.8%  
  Warehouse/Distribution 2 19,989,348 1.9%  
  Flex 1 19,478,490 1.9%  
  Self Storage 5 21,083,115 2.1%  
  Manufactured Housing 3 5,000,000 0.5%  
  Total  58 1,025,317,969 100.0%  
           
  Geographic Distribution        
  Property Location Number of Mortgaged Properties Aggregate Cut-off
Date Balance		 % of Initial Pool Balance  
  New York 10 211,964,189 20.7%  
  California 8 211,080,276 20.6%  
  Ohio 5 142,110,000 13.9%  
  New Jersey 4 89,700,000 8.7%  
  Georgia 4 55,323,808 5.4%  
  Oregon 1 50,000,000 4.9%  
  Indiana 3 49,317,428 4.8%  
  Connecticut 1 29,500,000 2.9%  
  Tennessee 2 28,710,000 2.8%  
  Missouri 2 24,489,000 2.4%  
  Washington 1 24,000,000 2.3%  
  Alabama 3 16,350,000 1.6%  
  Alaska 1 15,917,027 1.6%  
  Illinois 1 14,850,000 1.4%  
  Florida 1 11,970,451 1.2%  
  Michigan 3 11,336,184 1.1%  
  Massachusetts 1 9,989,348 1.0%  
  North Carolina 1 6,579,552 0.6%  
  Kentucky 1 5,250,000 0.5%  
  Idaho 1 5,172,655 0.5%  
  Minnesota 1 3,490,000 0.3%  
  Louisiana 1 3,130,000 0.3%  
  Vermont 1 2,638,052 0.3%  
  Colorado 1 2,450,000 0.2%  
  Total 58 1,025,317,969 100.0%  
           
  Distribution of Amortization Types        
  Range of Cut-off Balances ($) Number of Mortgage Loans Cut-off Date
Balance		 % of Initial Pool Balance  
  Interest Only 16 440,370,000 42.9%  
  Interest Only, Then Amortizing 15 370,956,276 36.2%  
  Amortizing (30 Years) 8 108,357,958 10.6%  
  Interest Only ARD 2 53,500,000 5.2%  
  Amortizing (25 Years) 5 52,133,735 5.1%  
  Total 46 1,025,317,969 100.0%