FWP 1 n1898-x4_anxa1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-228597-04
     

 

 

 

 

  
 

FREE WRITING PROSPECTUS, DATED November 19, 2019

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-228597) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Academy Securities Inc., Drexel Hamilton, 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.

 

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.

 

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in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

 

The securities related to this File 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 such securities in any state or other jurisdiction where such offer, solicitation or sale is not permitted. Such 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 such securities nor the underlying mortgage loans are insured or guaranteed by any governmental agency or instrumentality or private insurer.

 

Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

 

  
 

 

 

  

 

 

 

 

Benchmark 2019-B15 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
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn NAP NAP 899 West Evelyn Avenue Mountain View California 94041 Office Suburban 2013 NAP
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park NAP NAP 7201, 7207, 7345, 7349, 8001, 8105, 8201, 8203, 8209, 8335, 8405, 8501 & 8505 IBM Drive Charlotte North Carolina 28262 Office Suburban 1979-2013 2011
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers NAP NAP 2029 & 2049 Century Park East Los Angeles California 90067 Office CBD 1975 2015
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products NAP NAP         Various Various    
4.01 Property       Londonderry / Manufacturing     30 Jack’s Bridge Road Londonderry New Hampshire 03053 Industrial Manufacturing 2007 NAP
4.02 Property       Dartmouth / Manufacturing     7 Ledgewood Boulevard North Dartmouth Massachusetts 02747 Industrial Manufacturing 1999 NAP
4.03 Property       Waltham Corporate     1400 Main Street Waltham Massachusetts 02451 Office Suburban 2000 NAP
4.04 Property       Woburn     27-33 Commonwealth Avenue Woburn Massachusetts 01801 Industrial Warehouse/Distribution 1989 NAP
4.05 Property       Nashua     90 Northeastern Boulevard Nashua New Hampshire 03062 Industrial Warehouse/Distribution 2006 NAP
4.06 Property       Woburn CPD     35 Commonwealth Avenue Woburn Massachusetts 01801 Industrial Warehouse/Distribution 1989 NAP
4.07 Property       (West) Bridgewater     10 Turnpike Street West Bridgewater Massachusetts 02379 Industrial Warehouse 2005 NAP
4.08 Property       Manchester, NH     344 East Industrial Park Drive Manchester New Hampshire 03109 Industrial Warehouse/Distribution 2003 NAP
4.09 Property       Norwalk 256     256-258 Martin Luther King Drive Norwalk Connecticut 06854 Industrial Warehouse/Distribution 1972 NAP
4.10 Property       New London     1096 Hartford Turnpike Waterford Connecticut 06385 Industrial Warehouse/Distribution 2008 NAP
4.11 Property       East Haven     221 Commerce Street East Haven Connecticut 06512 Industrial Warehouse/Distribution 2005 NAP
4.12 Property       Lincoln     21 Wellington Road Lincoln Rhode Island 02865 Industrial Warehouse/Distribution 2003 NAP
4.13 Property       Bethlehem     2000 City Line Road Bethlehem Pennsylvania 18017 Industrial Warehouse/Distribution 1973 2005
4.14 Property       Salem     4 Raymond Avenue Salem New Hampshire 03079 Industrial Warehouse/Distribution 2001 NAP
4.15 Property       Norwalk 260     260 Martin Luther King Drive Norwalk Connecticut 06854 Industrial Warehouse/Distribution 1974 NAP
4.16 Property       Berlin     272 Woodlawn Road Berlin Connecticut 06037 Industrial Warehouse/Distribution 1994 NAP
4.17 Property       Dartmouth     965 Reed Road Dartmouth Massachusetts 02747 Industrial Warehouse 1974 2004
4.18 Property       Manchester, CT     730 Parker Street Manchester Connecticut 06042 Industrial Warehouse/Distribution 1996 NAP
4.19 Property       Portland     401 Riverside Street Portland Maine 04103 Industrial Warehouse/Distribution 1976 2003
4.20 Property       Braintree     320 Wood Road Braintree Massachusetts 02184 Industrial Warehouse/Distribution 1986 NAP
4.21 Property       Warwick     45 Lori Ann Way Warwick Rhode Island 02886 Industrial Warehouse/Distribution 1997 NAP
4.22 Property       Fitchburg     133 Benson Street Fitchburg Massachusetts 01420 Industrial Warehouse 1983 NAP
4.23 Property       Auburn     300 Washington Street Auburn Massachusetts 01501 Industrial Warehouse/Distribution 1983 2006
4.24 Property       Berlin CPD     230 Woodlawn Road Berlin Connecticut 06037 Industrial Warehouse/Distribution 1977 NAP
4.25 Property       Portsmouth     240 West Road Portsmouth New Hampshire 03801 Industrial Warehouse/Distribution 1985 1999
4.26 Property       Southampton     99 Buck Road Huntingdon Valley Pennsylvania 19006 Industrial Warehouse/Distribution 1971 2009
4.27 Property       Wilkes-Barre     936 Rutter Avenue Forty Fort Pennsylvania 18704 Industrial Warehouse/Distribution 1950 1999
4.28 Property       Hyannis     186 Breeds Hill Road Hyannis Massachusetts 02601 Industrial Warehouse 1986 2002
4.29 Property       Springfield     175 Carando Drive Springfield Massachusetts 01104 Industrial Warehouse 1989 NAP
4.30 Property       White River Junction     1354 North Hartland Road White River Junction Vermont 05001 Industrial Warehouse/Distribution 1981 2001
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use NAP NAP 3601 Rigby Road Miamisburg Ohio 45342 Mixed Use Office/Retail 2010 NAP
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square NAP NAP 20351-20423 North Rand Road Kildeer Illinois 60074 Retail Anchored 2017 NAP
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park NAP NAP 5105 South Harper Avenue Chicago Illinois 60615 Mixed Use Multifamily/Retail 2015 NAP
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio NAP NAP         Various Various    
8.01 Property       199 Avenue B Northwest     199 Avenue B Northwest Winter Haven Florida 33881 Office Suburban 1975 NAP
8.02 Property       200 Avenue B Northwest     200 Avenue B Northwest Winter Haven Florida 33881 Office Suburban 1971 2015-2019
8.03 Property       331 West Central Avenue     331 West Central Avenue Winter Haven Florida 33880 Mixed Use Retail/Office 1920, 1926 2015-2019
8.04 Property       300 3rd Street Southwest     300-324 3rd Street Southwest and 236 Avenue C Southwest Winter Haven Florida 33880 Retail Unanchored 1940, 1956 2016
8.05 Property       250 3rd Street Northwest     250 3rd Street Northwest Winter Haven Florida 33881 Mixed Use Office/Multifamily 2003 NAP
8.06 Property       203 Avenue A Northwest     203 Avenue A Northwest Winter Haven Florida 33881 Office Suburban 1989 NAP
8.07 Property       337 West Central Avenue     337 West Central Avenue Winter Haven Florida 33880 Mixed Use Retail/Office 1914 2015-2019
8.08 Property       401 3rd Street Southwest     401 3rd Street Southwest Winter Haven Florida 33880 Office Suburban 1972 2018
8.09 Property       242 West Central Avenue     242 West Central Avenue Winter Haven Florida 33880 Office Suburban 1938 2012
8.10 Property       56 - 58 4th Street Northwest     56-58 4th Street Northwest Winter Haven Florida 33881 Mixed Use Office/Retail 1926 2015
8.11 Property       245 West Central Avenue     245-255 West Central Avenue Winter Haven Florida 33880 Mixed Use Retail/Office 1940, 1947 NAP
8.12 Property       273 West Central Avenue / 46 3rd Street     48 3rd Street Northwest Winter Haven Florida 33881 Retail Unanchored 1925 2015-2019
8.13 Property       249 3rd Street Southwest     249 3rd Street Southwest Winter Haven Florida 33880 Mixed Use Retail/Office 1969 2011
8.14 Property       254 West Central Avenue     254 West Central Avenue Winter Haven Florida 33880 Mixed Use Retail/Multifamily 1924 2015-2019
8.15 Property       226 West Central Avenue     226 West Central Avenue Winter Haven Florida 33880 Retail Single Tenant Retail 1947 2015-2019
8.16 Property       225 Avenue D Northwest     225 Avenue D Northwest Winter Haven Florida 33881 Office Suburban 1975 2015-2019
8.17 Property       305 Avenue E Southwest     305 Avenue E Southwest Winter Haven Florida 33880 Office Suburban 1985 2019
8.18 Property       230 West Central Avenue     230 West Central Avenue Winter Haven Florida 33880 Office Suburban 1937 2013
8.19 Property       220 West Central Avenue     220 West Central Avenue Winter Haven Florida 33880 Retail Single Tenant Retail 1963 2015-2019
8.20 Property       239 3rd Street Southwest     239 3rd Street Southwest Winter Haven Florida 33880 Retail Single Tenant Retail 1962 2016
8.21 Property       243 3rd Street Southwest     243-245 3rd Street Southwest Winter Haven Florida 33880 Retail Unanchored 1958 NAP
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower NAP NAP 7900 Tysons One Place McLean Virginia 22102 Office Suburban 2014 NAP
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West NAP NAP 1843 Village West Parkway Kansas City Kansas 66111 Retail Anchored 2005 2019
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio Group 1 NAP         Multifamily Mid Rise    
11.01 Property       137 West 141st Street     137 West 141st Street New York New York 10030 Multifamily Mid Rise 1910 NAP
11.02 Property       117 West 141st Street     117 West 141st Street New York New York 10030 Multifamily Mid Rise 1910 NAP
11.03 Property       127 West 141st Street     127 West 141st Street New York New York 10030 Multifamily Mid Rise 1910 NAP
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection NAP NAP 2100 North Elston Avenue Chicago Illinois 60614 Retail Anchored 2004 NAP
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue NAP NAP 600 & 620 National Avenue Mountain View California 94043 Office Suburban 2017 NAP
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex NAP NAP 125 Delancey Street New York New York 10002 Mixed Use Multifamily/Retail 2019 NAP
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments NAP NAP 1669 Iris Drive Southeast Conyers Georgia 30013 Multifamily Garden 1988 2014
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle NAP NAP         Mixed Use Office/Laboratory    
16.01 Property       610 Main Street North     610 Main Street Cambridge Massachusetts 02139 Mixed Use Office/Laboratory 2016 NAP
16.02 Property       1 Portland Street     1 Portland Street Cambridge Massachusetts 02139 Mixed Use Office/Laboratory 2013 NAP
16.03 Property       700 Main Street     700 Main Street Cambridge Massachusetts 02139 Mixed Use Office/Laboratory Late 1800s 2002, 2012
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North NAP NAP 3120, 3150 & 3180 139th Avenue Southeast Bellevue Washington 98005 Office Suburban 1999, 2000 2016-2019
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza NAP NAP 35 West Fifth Street Cincinnati Ohio 45202 Hospitality Full Service 1931 1981, 2004, 2013
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre NAP NAP 3505 West Sam Houston Parkway North Houston Texas 77043 Office Suburban 2013 NAP
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake NAP NAP 3808 Crystal Lake Drive Deerfield Beach Florida 33064 Multifamily Mid Rise 2018 NAP
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue NAP NAP 2817-2825 3rd Avenue Bronx New York 10455 Mixed Use Office/Retail 1991 2011-2019
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace NAP NAP 2030 & 2040 Glade Road and 5311 & 5323 William D Tate Avenue Grapevine Texas 76051 Retail Anchored 1998 NAP
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio Group 1 NAP         Multifamily Mid Rise    
23.01 Property       79-85 Fairview Avenue     79-85 Fairview Avenue New York New York 10040 Multifamily Mid Rise 1928 NAP
23.02 Property       649 West 184th Street     649 West 184th Street New York New York 10040 Multifamily Mid Rise 1925 NAP
23.03 Property       325 Wadsworth Avenue     325 Wadsworth Avenue New York New York 10040 Multifamily Mid Rise 1920 NAP
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo NAP NAP 6519 Arena Boulevard Laredo Texas 78041 Hospitality Extended Stay 2015 NAP
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza NAP NAP 15557-15609 West Bell Road Surprise Arizona 85374 Retail Anchored 2006 NAP
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza NAP NAP 110-120 Hale Road Manchester Connecticut 06042 Retail Anchored 1994, 2001 2014
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street NAP NAP 4536 Spruce Street Philadelphia Pennsylvania 19139 Mixed Use Multifamily/Office 2019 NAP
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa NAP NAP 44-985 Province Way Indian Wells California 92210 Hospitality Full Service 1959 2017-2018
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III NAP NAP 1400 Westgate Center Drive and 1551 & 1590 Westbrook Plaza Drive Winston Salem North Carolina 27103 Office Suburban 1994, 1997, 2000 NAP
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street NAP NAP 435 West 54th Street New York New York 10019 Multifamily Mid Rise 1901 NAP
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah NAP NAP 111 Tibet Avenue Savannah Georgia 31406 Self Storage Self Storage 1977 NAP
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ NAP NAP 305 Mountain Avenue Hackettstown New Jersey 07840 Other Leased Fee 2018 NAP

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Units, Pads, Rooms, SF Unit Description 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 (%)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 75,475  SF  993.71 Fee Simple 75,000,000 75,000,000 75,000,000 8.9% 75,000,000 3.23600%
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 1,854,729  SF  98.26 Fee Simple 67,250,000 67,250,000 67,250,000 7.9% 67,250,000 3.50500%
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 2,401,641  SF  374.74 Fee Simple 62,500,000 62,500,000 62,500,000 7.4% 62,500,000 3.00450%
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 2,046,119  SF  78.20 Fee Simple 50,000,000 50,000,000 50,000,000 5.9% 45,234,779 3.82000%
4.01 Property       Londonderry / Manufacturing 376,294  SF    Fee Simple     9,656,250 1.1%    
4.02 Property       Dartmouth / Manufacturing 235,239  SF    Fee Simple     5,625,000 0.7%    
4.03 Property       Waltham Corporate 54,400  SF    Fee Simple     4,898,438 0.6%    
4.04 Property       Woburn 76,054  SF    Fee Simple     2,796,875 0.3%    
4.05 Property       Nashua 111,594  SF    Fee Simple     2,062,500 0.2%    
4.06 Property       Woburn CPD 59,800  SF    Fee Simple     2,000,000 0.2%    
4.07 Property       (West) Bridgewater 81,776  SF    Fee Simple     1,746,875 0.2%    
4.08 Property       Manchester, NH 81,747  SF    Fee Simple     1,625,000 0.2%    
4.09 Property       Norwalk 256 40,232  SF    Fee Simple     1,500,000 0.2%    
4.10 Property       New London 70,642  SF    Fee Simple     1,406,250 0.2%    
4.11 Property       East Haven 70,089  SF    Fee Simple     1,346,875 0.2%    
4.12 Property       Lincoln 80,240  SF    Fee Simple     1,300,000 0.2%    
4.13 Property       Bethlehem 71,091  SF    Fee Simple     1,218,750 0.1%    
4.14 Property       Salem 58,286  SF    Fee Simple     1,218,750 0.1%    
4.15 Property       Norwalk 260 30,000  SF    Fee Simple     1,198,438 0.1%    
4.16 Property       Berlin 43,796  SF    Fee Simple     1,109,375 0.1%    
4.17 Property       Dartmouth 63,117  SF    Fee Simple     1,096,875 0.1%    
4.18 Property       Manchester, CT 49,175  SF    Fee Simple     873,438 0.1%    
4.19 Property       Portland 48,145  SF    Fee Simple     843,750 0.1%    
4.20 Property       Braintree 32,531  SF    Fee Simple     828,125 0.1%    
4.21 Property       Warwick 43,899  SF    Fee Simple     771,875 0.1%    
4.22 Property       Fitchburg 39,433  SF    Fee Simple     656,250 0.1%    
4.23 Property       Auburn 37,132  SF    Fee Simple     643,750 0.1%    
4.24 Property       Berlin CPD 28,163  SF    Fee Simple     640,625 0.1%    
4.25 Property       Portsmouth 31,470  SF    Fee Simple     625,000 0.1%    
4.26 Property       Southampton 36,421  SF    Fee Simple     537,500 0.1%    
4.27 Property       Wilkes-Barre 32,200  SF    Fee Simple     500,000 0.1%    
4.28 Property       Hyannis 24,070  SF    Fee Simple     484,375 0.1%    
4.29 Property       Springfield 25,347  SF    Fee Simple     467,188 0.1%    
4.30 Property       White River Junction 13,736  SF    Fee Simple     321,875 0.0%    
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 834,510  SF  106.35 Fee Simple 50,000,000 50,000,000 50,000,000 5.9% 46,122,824 3.98000%
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 199,245  SF  240.41 Fee Simple 47,900,000 47,900,000 47,900,000 5.7% 47,900,000 3.95470%
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 180  Units  622,222.22 Fee Simple 47,000,000 47,000,000 47,000,000 5.6% 43,144,854 4.70000%
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 385,612  SF  101.14 Fee Simple 39,000,000 39,000,000 39,000,000 4.6% 35,623,257 4.39000%
8.01 Property       199 Avenue B Northwest 158,724  SF    Fee Simple     18,007,563 2.1%    
8.02 Property       200 Avenue B Northwest 53,893  SF    Fee Simple     4,375,473 0.5%    
8.03 Property       331 West Central Avenue 31,225  SF    Fee Simple     3,111,291 0.4%    
8.04 Property       300 3rd Street Southwest 15,935  SF    Fee Simple     1,573,204 0.2%    
8.05 Property       250 3rd Street Northwest 16,446  SF    Fee Simple     1,566,180 0.2%    
8.06 Property       203 Avenue A Northwest 22,364  SF    Fee Simple     1,538,088 0.2%    
8.07 Property       337 West Central Avenue 11,140  SF    Fee Simple     1,222,042 0.1%    
8.08 Property       401 3rd Street Southwest 8,943  SF    Fee Simple     1,172,880 0.1%    
8.09 Property       242 West Central Avenue 8,017  SF    Fee Simple     934,090 0.1%    
8.10 Property       56 - 58 4th Street Northwest 8,358  SF    Fee Simple     905,997 0.1%    
8.11 Property       245 West Central Avenue 7,125  SF    Fee Simple     835,764 0.1%    
8.12 Property       273 West Central Avenue / 46 3rd Street 7,633  SF    Fee Simple     667,207 0.1%    
8.13 Property       249 3rd Street Southwest 5,775  SF    Fee Simple     611,021 0.1%    
8.14 Property       254 West Central Avenue 6,493  SF    Fee Simple     512,696 0.1%    
8.15 Property       226 West Central Avenue 3,125  SF    Fee Simple     400,324 0.0%    
8.16 Property       225 Avenue D Northwest 5,808  SF    Fee Simple     337,115 0.0%    
8.17 Property       305 Avenue E Southwest 4,889  SF    Fee Simple     316,045 0.0%    
8.18 Property       230 West Central Avenue 2,506  SF    Fee Simple     294,976 0.0%    
8.19 Property       220 West Central Avenue 3,264  SF    Fee Simple     287,952 0.0%    
8.20 Property       239 3rd Street Southwest 2,000  SF    Fee Simple     203,674 0.0%    
8.21 Property       243 3rd Street Southwest 1,949  SF    Fee Simple     126,418 0.0%    
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 528,730  SF  359.35 Fee Simple 35,000,000 35,000,000 35,000,000 4.1% 35,000,000 3.33000%
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 702,750  SF  170.51 Fee Simple 35,000,000 34,948,301 34,948,301 4.1% 31,690,606 3.86000%
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 147  Units  208,843.54 Fee Simple 30,700,000 30,700,000 30,700,000 3.6% 30,700,000 3.74000%
11.01 Property       137 West 141st Street 49  Units    Fee Simple     10,855,000 1.3%    
11.02 Property       117 West 141st Street 48  Units    Fee Simple     10,270,000 1.2%    
11.03 Property       127 West 141st Street 50  Units    Fee Simple     9,575,000 1.1%    
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 178,704  SF  390.91 Fee Simple 30,000,000 29,938,639 29,938,639 3.5% 21,298,164 3.65000%
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 151,064  SF  912.86 Fee Simple 28,950,000 28,950,000 28,950,000 3.4% 28,950,000 3.68800%
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 195  Units  600,000.00 Fee Simple 25,000,000 25,000,000 25,000,000 3.0% 25,000,000 2.75900%
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 376  Units  62,061.17 Fee Simple 23,335,000 23,335,000 23,335,000 2.8% 23,335,000 3.76000%
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 676,947  SF  635.20 Leasehold 20,000,000 20,000,000 20,000,000 2.4% 20,000,000 3.79700%
16.01 Property       610 Main Street North 278,738  SF    Leasehold     8,073,043 1.0%    
16.02 Property       1 Portland Street 229,330  SF    Leasehold     7,130,435 0.8%    
16.03 Property       700 Main Street 168,879  SF    Leasehold     4,796,522 0.6%    
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 464,061  SF  323.23 Fee Simple 20,000,000 20,000,000 20,000,000 2.4% 20,000,000 3.25000%
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 561  Rooms  129,088.02 Fee Simple 20,000,000 19,977,484 19,977,484 2.4% 18,543,206 5.35000%
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 227,045  SF  194.39 Fee Simple 18,200,000 18,173,249 18,173,249 2.1% 14,399,262 3.88800%
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake 125  Units  140,000.00 Fee Simple 17,500,000 17,500,000 17,500,000 2.1% 17,500,000 3.77900%
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 56,900  SF  246.05 Fee Simple 14,000,000 14,000,000 14,000,000 1.7% 14,000,000 3.71000%
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 121,484  SF  106.19 Fee Simple 12,900,000 12,900,000 12,900,000 1.5% 9,302,039 4.04000%
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 69  Units  173,913.04 Fee Simple 12,000,000 12,000,000 12,000,000 1.4% 12,000,000 3.89000%
23.01 Property       79-85 Fairview Avenue 24  Units    Fee Simple     4,542,314 0.5%    
23.02 Property       649 West 184th Street 20  Units    Fee Simple     4,087,326 0.5%    
23.03 Property       325 Wadsworth Avenue 25  Units    Fee Simple     3,370,359 0.4%    
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 124  Rooms  94,274.19 Fee Simple 11,690,000 11,690,000 11,690,000 1.4% 9,805,732 3.85000%
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 64,071  SF  159.73 Fee Simple 10,250,000 10,234,343 10,234,343 1.2% 8,044,397 3.67000%
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 111,933  SF  72.94 Fee Simple 8,177,000 8,164,476 8,164,476 1.0% 6,413,869 3.65500%
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 21  Units  345,238.10 Fee Simple 7,250,000 7,250,000 7,250,000 0.9% 6,438,457 4.07000%
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa 46  Rooms  152,173.91 Fee Simple 7,000,000 7,000,000 7,000,000 0.8% 7,000,000 3.74500%
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 73,425  SF  91.25 Fee Simple 6,700,000 6,700,000 6,700,000 0.8% 6,043,379 3.65000%
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 20  Units  330,000.00 Fee Simple 6,600,000 6,600,000 6,600,000 0.8% 6,600,000 4.20000%
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 55,740  SF  80.73 Fee Simple 4,500,000 4,500,000 4,500,000 0.5% 3,893,517 4.01000%
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ 5,558  SF  611.73 Fee Simple 3,400,000 3,400,000 3,400,000 0.4% 3,400,000 4.70000%

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Administrative Fee Rate (%) (1) Net Mortgage Loan Rate (%) Monthly Debt Service ($) (2) Annual Debt Service ($) Pari Companion Loan Monthly Debt Service ($) Pari Companion Loan Annual Debt Service ($) Amortization Type Interest Accrual Method Seasoning (Mos.) Original Interest-Only Period (Mos.)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 0.02338% 3.21262% 205,059.03 2,460,708.36     Interest Only Actual/360 1 120
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 0.01338% 3.49162% 199,154.18 2,389,850.16 340,561.05 4,086,732.60 Interest Only Actual/360 1 120
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 0.01338% 2.99112% 158,657.77 1,903,893.24 2,126,014.11 25,512,169.30 Interest Only Actual/360 1 120
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 0.01338% 3.80662% 233,548.31 2,802,579.72 513,806.27 6,165,675.24 Interest Only, Then Amortizing Actual/360 1 60
4.01 Property       Londonderry / Manufacturing                    
4.02 Property       Dartmouth / Manufacturing                    
4.03 Property       Waltham Corporate                    
4.04 Property       Woburn                    
4.05 Property       Nashua                    
4.06 Property       Woburn CPD                    
4.07 Property       (West) Bridgewater                    
4.08 Property       Manchester, NH                    
4.09 Property       Norwalk 256                    
4.10 Property       New London                    
4.11 Property       East Haven                    
4.12 Property       Lincoln                    
4.13 Property       Bethlehem                    
4.14 Property       Salem                    
4.15 Property       Norwalk 260                    
4.16 Property       Berlin                    
4.17 Property       Dartmouth                    
4.18 Property       Manchester, CT                    
4.19 Property       Portland                    
4.20 Property       Braintree                    
4.21 Property       Warwick                    
4.22 Property       Fitchburg                    
4.23 Property       Auburn                    
4.24 Property       Berlin CPD                    
4.25 Property       Portsmouth                    
4.26 Property       Southampton                    
4.27 Property       Wilkes-Barre                    
4.28 Property       Hyannis                    
4.29 Property       Springfield                    
4.30 Property       White River Junction                    
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 0.01338% 3.96662% 192,191.71 2,306,300.52 148,948.58 1,787,382.96 Amortizing 30/360 0 0
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 0.02338% 3.93132% 160,050.92 1,920,611.04     Interest Only Actual/360 1 120
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 0.01338% 4.68662% 243,759.77 2,925,117.24 337,114.58 4,045,374.96 Interest Only, Then Amortizing Actual/360 2 60
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 0.01338% 4.37662% 195,066.45 2,340,797.40     Interest Only, Then Amortizing Actual/360 1 60
8.01 Property       199 Avenue B Northwest                    
8.02 Property       200 Avenue B Northwest                    
8.03 Property       331 West Central Avenue                    
8.04 Property       300 3rd Street Southwest                    
8.05 Property       250 3rd Street Northwest                    
8.06 Property       203 Avenue A Northwest                    
8.07 Property       337 West Central Avenue                    
8.08 Property       401 3rd Street Southwest                    
8.09 Property       242 West Central Avenue                    
8.10 Property       56 - 58 4th Street Northwest                    
8.11 Property       245 West Central Avenue                    
8.12 Property       273 West Central Avenue / 46 3rd Street                    
8.13 Property       249 3rd Street Southwest                    
8.14 Property       254 West Central Avenue                    
8.15 Property       226 West Central Avenue                    
8.16 Property       225 Avenue D Northwest                    
8.17 Property       305 Avenue E Southwest                    
8.18 Property       230 West Central Avenue                    
8.19 Property       220 West Central Avenue                    
8.20 Property       239 3rd Street Southwest                    
8.21 Property       243 3rd Street Southwest                    
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 0.01463% 3.31537% 98,473.96 1,181,687.52 436,098.96 5,233,187.52 Interest Only Actual/360 2 120
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 0.03213% 3.82787% 164,282.83 1,971,393.96 398,972.57 4,787,670.84 Amortizing Actual/360 1 0
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 0.01338% 3.72662% 97,010.58 1,164,126.96     Interest Only Actual/360 1 120
11.01 Property       137 West 141st Street                    
11.02 Property       117 West 141st Street                    
11.03 Property       127 West 141st Street                    
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 0.02338% 3.62662% 152,611.28 1,831,335.36 203,481.70 2,441,780.40 Amortizing Actual/360 1 0
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 0.01338% 3.67462% 90,208.74 1,082,504.88 339,490.21 4,073,882.52 Interest Only Actual/360 3 120
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 0.01338% 2.74562% 58,277.49 699,329.88 214,461.16 2,573,533.92 Interest Only Actual/360 1 84
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 0.01338% 3.74662% 74,131.84 889,582.08     Interest Only Actual/360 0 120
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 0.01338% 3.78362% 64,162.27 769,947.24 1,315,326.50 15,783,918.04 Interest Only Actual/360 6 120
16.01 Property       610 Main Street North                    
16.02 Property       1 Portland Street                    
16.03 Property       700 Main Street                    
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 0.01338% 3.23662% 54,918.98 659,027.76 356,973.38 4,283,680.56 Interest Only Actual/360 2 120
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 0.01338% 5.33662% 111,682.74 1,340,192.88 293,167.19 3,518,006.28 Amortizing Actual/360 1 0
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 0.02338% 3.86462% 85,718.54 1,028,622.48 122,455.05 1,469,460.60 Amortizing Actual/360 1 0
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake 0.01338% 3.76562% 55,875.84 670,510.08     Interest Only Actual/360 0 120
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 0.01338% 3.69662% 43,884.49 526,613.88     Interest Only Actual/360 1 120
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 0.01338% 4.02662% 68,376.19 820,514.28     Amortizing Actual/360 0 0
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 0.01338% 3.87662% 39,440.28 473,283.36     Interest Only Actual/360 1 120
23.01 Property       79-85 Fairview Avenue                    
23.02 Property       649 West 184th Street                    
23.03 Property       325 Wadsworth Avenue                    
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 0.01338% 3.83662% 54,803.68 657,644.16     Interest Only, Then Amortizing Actual/360 2 24
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 0.01338% 3.65662% 47,005.25 564,063.00     Amortizing Actual/360 1 0
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 0.04338% 3.61162% 37,429.52 449,154.24     Amortizing Actual/360 1 0
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 0.01338% 4.05662% 34,905.83 418,869.96     Interest Only, Then Amortizing Actual/360 0 48
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa 0.01338% 3.73162% 22,149.25 265,791.00     Interest Only Actual/360 1 120
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 0.01338% 3.63662% 30,649.79 367,797.48     Interest Only, Then Amortizing Actual/360 1 60
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 0.01338% 4.18662% 23,420.83 281,049.96     Interest Only Actual/360 0 120
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 0.01338% 3.99662% 21,509.64 258,115.68     Interest Only, Then Amortizing Actual/360 1 36
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ 0.01338% 4.68662% 13,501.62 162,019.44     Interest Only Actual/360 0 120

 

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Benchmark 2019-B15 Annex A                        
                             
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Due Date First Due Date Last IO Due Date
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 119 120 119 0 0 10/17/2019 6 12/6/2019 11/6/2029
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 119 120 119 0 0 10/18/2019 1 12/1/2019 11/1/2029
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 119 120 119 0 0 10/21/2019 9 12/9/2019 11/9/2029
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 59 120 119 360 360 10/21/2019 6 12/6/2019 11/6/2024
4.01 Property       Londonderry / Manufacturing                  
4.02 Property       Dartmouth / Manufacturing                  
4.03 Property       Waltham Corporate                  
4.04 Property       Woburn                  
4.05 Property       Nashua                  
4.06 Property       Woburn CPD                  
4.07 Property       (West) Bridgewater                  
4.08 Property       Manchester, NH                  
4.09 Property       Norwalk 256                  
4.10 Property       New London                  
4.11 Property       East Haven                  
4.12 Property       Lincoln                  
4.13 Property       Bethlehem                  
4.14 Property       Salem                  
4.15 Property       Norwalk 260                  
4.16 Property       Berlin                  
4.17 Property       Dartmouth                  
4.18 Property       Manchester, CT                  
4.19 Property       Portland                  
4.20 Property       Braintree                  
4.21 Property       Warwick                  
4.22 Property       Fitchburg                  
4.23 Property       Auburn                  
4.24 Property       Berlin CPD                  
4.25 Property       Portsmouth                  
4.26 Property       Southampton                  
4.27 Property       Wilkes-Barre                  
4.28 Property       Hyannis                  
4.29 Property       Springfield                  
4.30 Property       White River Junction                  
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 0 120 120 600 600 11/13/2019 6 1/6/2020  
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 119 120 119 0 0 10/28/2019 6 12/6/2019 11/6/2029
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 58 120 118 360 360 9/9/2019 1 11/1/2019 10/1/2024
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 59 120 119 360 360 11/5/2019 6 12/6/2019 11/6/2024
8.01 Property       199 Avenue B Northwest                  
8.02 Property       200 Avenue B Northwest                  
8.03 Property       331 West Central Avenue                  
8.04 Property       300 3rd Street Southwest                  
8.05 Property       250 3rd Street Northwest                  
8.06 Property       203 Avenue A Northwest                  
8.07 Property       337 West Central Avenue                  
8.08 Property       401 3rd Street Southwest                  
8.09 Property       242 West Central Avenue                  
8.10 Property       56 - 58 4th Street Northwest                  
8.11 Property       245 West Central Avenue                  
8.12 Property       273 West Central Avenue / 46 3rd Street                  
8.13 Property       249 3rd Street Southwest                  
8.14 Property       254 West Central Avenue                  
8.15 Property       226 West Central Avenue                  
8.16 Property       225 Avenue D Northwest                  
8.17 Property       305 Avenue E Southwest                  
8.18 Property       230 West Central Avenue                  
8.19 Property       220 West Central Avenue                  
8.20 Property       239 3rd Street Southwest                  
8.21 Property       243 3rd Street Southwest                  
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 118 120 118 0 0 9/12/2019 11 11/11/2019 10/11/2029
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 0 60 59 360 359 10/22/2019 6 12/6/2019  
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 119 120 119 0 0 11/5/2019 6 12/6/2019 11/6/2029
11.01 Property       137 West 141st Street                  
11.02 Property       117 West 141st Street                  
11.03 Property       127 West 141st Street                  
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 0 120 119 300 299 10/31/2019 6 12/6/2019  
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 117 120 117 0 0 9/11/2019 11 10/11/2019 9/11/2029
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 83 84 83 0 0 10/25/2019 1 12/1/2019 11/1/2026
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 120 120 120 0 0 11/7/2019 6 1/6/2020 12/6/2029
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 114 120 114 0 0 5/16/2019 1 7/1/2019 6/1/2029
16.01 Property       610 Main Street North                  
16.02 Property       1 Portland Street                  
16.03 Property       700 Main Street                  
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 118 120 118 0 0 9/10/2019 1 11/1/2019 10/1/2029
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 0 60 59 360 359 10/2/2019 1 12/1/2019  
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 0 120 119 360 359 10/22/2019 1 12/1/2019  
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake 120 120 120 0 0 11/13/2019 1 1/1/2020 12/1/2029
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 119 120 119 0 0 10/18/2019 6 12/6/2019 11/6/2029
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 0 120 120 300 300 11/5/2019 1 1/1/2020  
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 119 120 119 0 0 11/5/2019 6 12/6/2019 11/6/2029
23.01 Property       79-85 Fairview Avenue                  
23.02 Property       649 West 184th Street                  
23.03 Property       325 Wadsworth Avenue                  
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 22 120 118 360 360 9/11/2019 6 11/6/2019 10/6/2021
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 0 120 119 360 359 11/5/2019 6 12/6/2019  
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 0 120 119 360 359 11/4/2019 6 12/6/2019  
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 48 120 120 360 360 11/7/2019 6 1/6/2020 12/6/2023
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa 119 120 119 0 0 11/5/2019 6 12/6/2019 11/6/2029
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 59 120 119 360 360 11/1/2019 6 12/6/2019 11/6/2024
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 120 120 120 0 0 11/7/2019 5 1/5/2020 12/5/2029
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 35 120 119 360 360 10/23/2019 6 12/6/2019 11/6/2022
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ 120 120 120 0 0 11/5/2019 1 1/1/2020 12/1/2029

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name First P&I Due Date Maturity Date / ARD ARD
(Yes / No)		 Final Maturity Date Grace Period- Late Fee Grace Period- Default Prepayment Provision (3) 2016 EGI 2016 Expenses ($) 2016 NOI ($)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn   11/6/2029 No   0 0 Lockout/25_Defeasance/88_0%/7 N/A N/A N/A
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park   11/1/2029 No   0 5 (Once per year) Lockout/25_YM1%/91_0%/4 25,718,088 10,411,439 15,306,649
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers   11/9/2029 No   10 (Once per year) 0 YM1%/25_Defeasance or YM1%/90_0%/5 113,939,597 33,156,253 80,783,345
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 12/6/2024 11/6/2029 No   0 0 YM4%/25_Defeasance or YM1%/89_0%/6 N/A N/A N/A
4.01 Property       Londonderry / Manufacturing               N/A N/A N/A
4.02 Property       Dartmouth / Manufacturing               N/A N/A N/A
4.03 Property       Waltham Corporate               N/A N/A N/A
4.04 Property       Woburn               N/A N/A N/A
4.05 Property       Nashua               N/A N/A N/A
4.06 Property       Woburn CPD               N/A N/A N/A
4.07 Property       (West) Bridgewater               N/A N/A N/A
4.08 Property       Manchester, NH               N/A N/A N/A
4.09 Property       Norwalk 256               N/A N/A N/A
4.10 Property       New London               N/A N/A N/A
4.11 Property       East Haven               N/A N/A N/A
4.12 Property       Lincoln               N/A N/A N/A
4.13 Property       Bethlehem               N/A N/A N/A
4.14 Property       Salem               N/A N/A N/A
4.15 Property       Norwalk 260               N/A N/A N/A
4.16 Property       Berlin               N/A N/A N/A
4.17 Property       Dartmouth               N/A N/A N/A
4.18 Property       Manchester, CT               N/A N/A N/A
4.19 Property       Portland               N/A N/A N/A
4.20 Property       Braintree               N/A N/A N/A
4.21 Property       Warwick               N/A N/A N/A
4.22 Property       Fitchburg               N/A N/A N/A
4.23 Property       Auburn               N/A N/A N/A
4.24 Property       Berlin CPD               N/A N/A N/A
4.25 Property       Portsmouth               N/A N/A N/A
4.26 Property       Southampton               N/A N/A N/A
4.27 Property       Wilkes-Barre               N/A N/A N/A
4.28 Property       Hyannis               N/A N/A N/A
4.29 Property       Springfield               N/A N/A N/A
4.30 Property       White River Junction               N/A N/A N/A
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 1/6/2020 12/6/2029 No   0 0 Lockout/24_Defeasance/92_0%/4 11,758,761 5,491,883 6,266,878
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square   11/6/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 11/1/2024 10/1/2029 No   0 0 Lockout/26_Defeasance/88_0%/6 N/A N/A N/A
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 12/6/2024 11/6/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 4,908,718 2,118,766 2,789,952
8.01 Property       199 Avenue B Northwest               N/A N/A N/A
8.02 Property       200 Avenue B Northwest               N/A N/A N/A
8.03 Property       331 West Central Avenue               N/A N/A N/A
8.04 Property       300 3rd Street Southwest               N/A N/A N/A
8.05 Property       250 3rd Street Northwest               N/A N/A N/A
8.06 Property       203 Avenue A Northwest               N/A N/A N/A
8.07 Property       337 West Central Avenue               N/A N/A N/A
8.08 Property       401 3rd Street Southwest               N/A N/A N/A
8.09 Property       242 West Central Avenue               N/A N/A N/A
8.10 Property       56 - 58 4th Street Northwest               N/A N/A N/A
8.11 Property       245 West Central Avenue               N/A N/A N/A
8.12 Property       273 West Central Avenue / 46 3rd Street               N/A N/A N/A
8.13 Property       249 3rd Street Southwest               N/A N/A N/A
8.14 Property       254 West Central Avenue               N/A N/A N/A
8.15 Property       226 West Central Avenue               N/A N/A N/A
8.16 Property       225 Avenue D Northwest               N/A N/A N/A
8.17 Property       305 Avenue E Southwest               N/A N/A N/A
8.18 Property       230 West Central Avenue               N/A N/A N/A
8.19 Property       220 West Central Avenue               N/A N/A N/A
8.20 Property       239 3rd Street Southwest               N/A N/A N/A
8.21 Property       243 3rd Street Southwest               N/A N/A N/A
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower   10/11/2029 No   5 0 Lockout/26_YM1%/89_0%/5 21,644,915 9,082,050 12,562,865
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 12/6/2019 11/6/2024 No   0 5 Lockout/25_Defeasance/31_0%/4 21,416,563 10,483,165 10,933,398
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio   11/6/2029 No   0 0 Lockout/25_Defeasance/90_0%/5 N/A N/A N/A
11.01 Property       137 West 141st Street               N/A N/A N/A
11.02 Property       117 West 141st Street               N/A N/A N/A
11.03 Property       127 West 141st Street               N/A N/A N/A
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 12/6/2019 11/6/2029 No   0 0 Lockout/25_Defeasance/92_0%/3 6,376,952 261,389 6,115,563
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue   9/11/2029 No   5 0 Lockout/27_Defeasance/88_0%/5 N/A N/A N/A
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex   11/1/2026 No   0 0 Lockout/25_Defeasance/54_0%/5 N/A N/A N/A
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments   12/6/2029 No   0 0 Lockout/24_Defeasance/92_0%/4 3,498,561 1,795,690 1,702,871
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle   6/1/2029 No   0 0 Lockout/25_YM1%/88_0%/7 N/A N/A N/A
16.01 Property       610 Main Street North               N/A N/A N/A
16.02 Property       1 Portland Street               N/A N/A N/A
16.03 Property       700 Main Street               N/A N/A N/A
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North   10/1/2029 No   0 0 Lockout/26_Defeasance/90_0%/4 N/A N/A N/A
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 12/1/2019 11/1/2024 No   0 0 Lockout/25_Defeasance/32_0%/3 34,712,976 29,776,162 4,936,813
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 12/1/2019 11/1/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 8,535,555 3,117,870 5,417,685
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake   12/1/2029 No   0 5 (Once per year) Lockout/25_YM1%/92_0%/3 N/A N/A N/A
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue   11/6/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 1,464,078 392,720 1,071,358
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 1/1/2020 12/1/2029 No   0 0 Lockout/25_YM1%/92_0%/3 N/A N/A N/A
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio   11/6/2029 No   0 0 Lockout/25_Defeasance/90_0%/5 N/A N/A N/A
23.01 Property       79-85 Fairview Avenue               N/A N/A N/A
23.02 Property       649 West 184th Street               N/A N/A N/A
23.03 Property       325 Wadsworth Avenue               N/A N/A N/A
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 11/6/2021 10/6/2029 No   0 0 Lockout/26_Defeasance/89_0%/5 3,200,795 1,792,995 1,407,799
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 12/6/2019 11/6/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 12/6/2019 11/6/2029 No   0 0 Lockout/25_Defeasance/90_0%/5 1,434,798 693,204 741,593
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 1/6/2024 12/6/2029 No   0 0 Lockout/24_Defeasance/93_0%/3 N/A N/A N/A
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa   11/6/2029 No   0 0 Lockout/36_YM1%/79_0%/5 N/A N/A N/A
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 12/6/2024 11/6/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street   12/5/2029 No   0 0 Lockout/24_Defeasance/92_0%/4 N/A N/A N/A
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 12/6/2022 11/6/2029 No   0 0 Lockout/25_Defeasance/91_0%/4 N/A N/A N/A
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ   12/1/2029 No   5 (Once per year) 0 Lockout/25_YM1%/91_0%/4 N/A N/A N/A

 

Page 5 of 15 

 

 

Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name 2017 EGI ($) 2017 Expenses ($) 2017 NOI ($) 2018 EGI ($) 2018 Expenses ($) 2018 NOI ($) Most Recent EGI (if past 2018) ($) Most Recent Expenses (if past 2018) ($) Most Recent NOI (if past 2018) ($) Most Recent NOI Date (if past 2018)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 5,828,453 694,511 5,133,942 5,952,381 756,103 5,196,278 5,566,317 847,198 4,719,119 9/30/2019
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 27,123,025 10,215,438 16,907,586 29,511,950 10,863,906 18,648,044 30,835,578 11,200,207 19,635,371 8/31/2019
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 117,379,087 34,178,955 83,200,132 125,317,446 36,292,891 89,024,555 120,890,660 37,547,742 83,342,918 9/30/2019
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.01 Property       Londonderry / Manufacturing N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.02 Property       Dartmouth / Manufacturing N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.03 Property       Waltham Corporate N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.04 Property       Woburn N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.05 Property       Nashua N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.06 Property       Woburn CPD N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.07 Property       (West) Bridgewater N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.08 Property       Manchester, NH N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.09 Property       Norwalk 256 N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.10 Property       New London N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.11 Property       East Haven N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.12 Property       Lincoln N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.13 Property       Bethlehem N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.14 Property       Salem N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.15 Property       Norwalk 260 N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.16 Property       Berlin N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.17 Property       Dartmouth N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.18 Property       Manchester, CT N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.19 Property       Portland N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.20 Property       Braintree N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.21 Property       Warwick N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.22 Property       Fitchburg N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.23 Property       Auburn N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.24 Property       Berlin CPD N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.25 Property       Portsmouth N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.26 Property       Southampton N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.27 Property       Wilkes-Barre N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.28 Property       Hyannis N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.29 Property       Springfield N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
4.30 Property       White River Junction N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 14,462,415 6,619,999 7,842,417 15,785,677 6,060,837 9,724,841 17,046,369 6,432,129 10,614,240 9/30/2019
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square N/A N/A N/A 4,879,644 1,186,947 3,692,697 5,683,749 1,511,954 4,171,795 6/30/2019
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 6,111,863 1,840,579 4,271,284 8,181,154 3,120,842 5,060,312 9,137,147 2,989,676 6,147,471 6/30/2019
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 5,382,498 2,090,453 3,292,045 5,758,636 2,228,497 3,530,140 5,892,463 2,268,717 3,623,746 6/30/2019
8.01 Property       199 Avenue B Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.02 Property       200 Avenue B Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.03 Property       331 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.04 Property       300 3rd Street Southwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.05 Property       250 3rd Street Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.06 Property       203 Avenue A Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.07 Property       337 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.08 Property       401 3rd Street Southwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.09 Property       242 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.10 Property       56 - 58 4th Street Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.11 Property       245 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.12 Property       273 West Central Avenue / 46 3rd Street N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.13 Property       249 3rd Street Southwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.14 Property       254 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.15 Property       226 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.16 Property       225 Avenue D Northwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.17 Property       305 Avenue E Southwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.18 Property       230 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.19 Property       220 West Central Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.20 Property       239 3rd Street Southwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
8.21 Property       243 3rd Street Southwest N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 27,892,936 10,012,518 17,880,418 31,348,225 10,382,557 20,965,668 32,202,713 10,500,194 21,702,519 6/30/2019
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 22,860,496 11,073,853 11,786,643 22,260,380 10,976,852 11,283,528 23,089,427 11,476,129 11,613,298 8/31/2019
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 2,706,534 1,030,855 1,675,679 2,961,913 1,070,243 1,891,670 2,932,197 1,064,886 1,867,312 9/30/2019
11.01 Property       137 West 141st Street 933,666 299,175 634,491 954,485 298,550 655,935 898,708 299,409 599,300 9/30/2019
11.02 Property       117 West 141st Street 914,648 402,420 512,229 999,643 461,065 538,578 1,034,072 469,919 564,153 9/30/2019
11.03 Property       127 West 141st Street 858,219 329,261 528,959 1,007,785 310,628 697,157 999,417 295,558 703,859 9/30/2019
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 6,312,553 226,063 6,086,490 6,407,444 215,823 6,191,621 6,436,828 236,566 6,200,262 7/31/2019
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 3,696,930 1,936,361 1,760,570 4,163,151 2,009,991 2,153,159 4,400,469 2,071,765 2,328,703 9/30/2019
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 55,887,418 13,850,608 42,036,811 59,626,445 15,721,797 43,904,648 60,868,091 15,860,286 45,007,805 3/31/2019
16.01 Property       610 Main Street North 24,392,158 5,060,066 19,332,091 25,653,185 6,363,502 19,289,683 26,172,221 6,322,623 19,849,598 3/31/2019
16.02 Property       1 Portland Street 19,154,337 4,220,162 14,934,175 20,777,288 4,849,523 15,927,766 21,060,689 4,968,008 16,092,681 3/31/2019
16.03 Property       700 Main Street 12,340,923 4,570,379 7,770,545 13,195,972 4,508,772 8,687,199 13,635,181 4,569,654 9,065,526 3/31/2019
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 15,446,081 4,538,540 10,907,542 18,368,132 4,822,445 13,545,687 11,557,212 4,758,188 6,799,024 7/31/2019
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 36,174,595 29,638,648 6,535,947 37,302,883 29,085,863 8,217,020 37,757,247 29,407,040 8,350,207 8/31/2019
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 8,564,091 3,155,737 5,408,354 8,549,984 3,141,769 5,408,215 8,632,476 3,031,568 5,600,908 8/31/2019
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 1,011,691 485,833 525,858 736,846 560,739 176,107 1,130,908 553,489 577,419 6/30/2019
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 1,282,097 532,547 749,550 1,567,122 445,457 1,121,665 1,629,509 456,473 1,173,036 6/30/2019
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 901,324 463,510 437,814 1,051,507 479,979 571,529 1,238,185 455,819 782,365 9/30/2019
23.01 Property       79-85 Fairview Avenue 278,133 134,151 143,982 317,668 137,229 180,439 426,485 135,335 291,150 9/30/2019
23.02 Property       649 West 184th Street 339,629 165,115 174,513 422,799 194,768 228,031 461,004 180,363 280,641 9/30/2019
23.03 Property       325 Wadsworth Avenue 283,562 164,243 119,319 311,040 147,981 163,059 350,696 140,121 210,574 9/30/2019
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 3,277,783 2,046,991 1,230,792 3,507,769 2,079,529 1,428,240 3,896,497 2,239,074 1,657,423 7/31/2019
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza N/A N/A N/A 831,121 358,618 472,503 1,180,300 350,663 829,637 8/31/2019
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 1,656,201 801,963 854,238 1,757,048 825,419 931,629 1,726,279 648,372 1,077,907 8/31/2019
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street N/A N/A N/A N/A N/A N/A 223,535 79,514 144,022 9/15/2019
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa N/A N/A N/A 2,527,404 2,508,295 19,109 5,539,939 4,312,210 1,227,729 9/30/2019
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 1,060,896 458,890 602,005 1,149,674 478,828 670,846 1,180,516 462,056 718,461 6/30/2019
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 759,984 234,431 525,553 753,616 218,643 534,973 752,908 188,441 564,468 8/31/2019
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 578,092 182,484 395,608 589,200 176,403 412,797 575,449 195,713 379,736 8/31/2019
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ N/A N/A N/A N/A N/A N/A N/A N/A N/A NAV

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Most Recent # of months Most Recent Description Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Debt Yield on Underwritten Net Operating Income (%) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NCF DSCR (x) (4)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 12 Trailing 12 8,358,288 1,552,598 6,805,690 9.1% 15,095 332,838 6,457,757 2.62
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 12 Trailing 12 32,323,781 11,117,049 21,206,732 11.6% 370,946 1,672,862 19,162,924 2.96
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 12 Trailing 12 158,615,968 37,470,212 121,145,756 13.5% 480,328 8,415,062 112,250,366 4.09
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products NAV Not Available 18,933,995 4,362,956 14,571,039 9.1% 411,225 623,413 13,536,402 1.51
4.01 Property       Londonderry / Manufacturing NAV Not Available 3,075,807 602,081 2,473,726   56,444 104,245 2,313,037  
4.02 Property       Dartmouth / Manufacturing NAV Not Available 1,857,715 404,058 1,453,657   35,286 62,701 1,355,670  
4.03 Property       Waltham Corporate NAV Not Available 1,809,308 458,310 1,350,997   31,395 90,068 1,229,535  
4.04 Property       Woburn NAV Not Available 1,074,644 198,021 876,622   18,872 31,342 826,409  
4.05 Property       Nashua NAV Not Available 846,682 212,320 634,361   16,739 28,281 589,342  
4.06 Property       Woburn CPD NAV Not Available 768,259 145,891 622,368   13,216 22,824 586,328  
4.07 Property       (West) Bridgewater NAV Not Available 787,578 256,259 531,318   12,266 22,654 496,397  
4.08 Property       Manchester, NH NAV Not Available 627,924 130,200 497,724   12,262 21,575 463,887  
4.09 Property       Norwalk 256 NAV Not Available 565,724 101,853 463,872   11,071 13,816 438,985  
4.10 Property       New London NAV Not Available 594,004 159,374 434,630   14,169 13,977 406,484  
4.11 Property       East Haven NAV Not Available 576,232 158,648 417,584   16,378 13,500 387,707  
4.12 Property       Lincoln NAV Not Available 538,524 136,129 402,395   12,036 18,862 371,497  
4.13 Property       Bethlehem NAV Not Available 516,178 143,546 372,631   12,410 17,177 343,044  
4.14 Property       Salem NAV Not Available 471,894 94,447 377,447   11,036 15,994 350,416  
4.15 Property       Norwalk 260 NAV Not Available 478,289 74,012 404,277   7,156 11,876 385,245  
4.16 Property       Berlin NAV Not Available 480,220 102,462 377,758   12,317 11,594 353,847  
4.17 Property       Dartmouth NAV Not Available 433,917 98,573 335,343   11,718 15,333 308,292  
4.18 Property       Manchester, CT NAV Not Available 364,650 94,725 269,926   10,171 8,827 250,928  
4.19 Property       Portland NAV Not Available 340,246 80,014 260,232   15,174 11,822 233,235  
4.20 Property       Braintree NAV Not Available 362,958 110,968 251,990   10,496 10,121 231,373  
4.21 Property       Warwick NAV Not Available 316,516 79,565 236,951   6,585 10,780 219,586  
4.22 Property       Fitchburg NAV Not Available 265,297 63,546 201,751   12,101 9,373 180,277  
4.23 Property       Auburn NAV Not Available 271,258 74,815 196,443   12,792 9,021 174,630  
4.24 Property       Berlin CPD NAV Not Available 283,084 55,602 227,482   6,909 7,025 213,548  
4.25 Property       Portsmouth NAV Not Available 243,911 52,417 191,494   5,734 8,305 177,455  
4.26 Property       Southampton NAV Not Available 239,533 75,248 164,285   5,463 8,084 150,739  
4.27 Property       Wilkes-Barre NAV Not Available 207,363 53,654 153,709   4,830 7,358 141,521  
4.28 Property       Hyannis NAV Not Available 191,957 43,315 148,642   3,611 6,415 138,616  
4.29 Property       Springfield NAV Not Available 216,088 73,253 142,835   6,568 6,424 129,844  
4.30 Property       White River Junction NAV Not Available 128,239 29,650 98,589   6,019 4,039 88,530  
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 12 Trailing 12 18,661,617 7,134,201 11,527,416 13.0% 97,527 723,985 10,705,903 2.62
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 12 Trailing 12 5,346,544 1,576,568 3,769,976 7.9% 19,925 123,355 3,626,696 1.89
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 12 Trailing 12 10,396,195 2,862,031 7,534,164 6.7% 52,509 98,900 7,382,754 1.06
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 12 Trailing 12 6,916,155 2,504,696 4,411,459 11.3% 77,122 372,107 3,962,229 1.69
8.01 Property       199 Avenue B Northwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.02 Property       200 Avenue B Northwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.03 Property       331 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.04 Property       300 3rd Street Southwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.05 Property       250 3rd Street Northwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.06 Property       203 Avenue A Northwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.07 Property       337 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.08 Property       401 3rd Street Southwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.09 Property       242 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.10 Property       56 - 58 4th Street Northwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.11 Property       245 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.12 Property       273 West Central Avenue / 46 3rd Street NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.13 Property       249 3rd Street Southwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.14 Property       254 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.15 Property       226 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.16 Property       225 Avenue D Northwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.17 Property       305 Avenue E Southwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.18 Property       230 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.19 Property       220 West Central Avenue NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.20 Property       239 3rd Street Southwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
8.21 Property       243 3rd Street Southwest NAV Not Available N/A N/A N/A   N/A N/A N/A  
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 12 Trailing 12 31,434,407 10,604,603 20,829,804 11.0% 105,746 1,057,460 19,666,598 3.07
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 12 Trailing 12 22,757,007 11,382,857 11,374,151 9.5% 119,463 0 11,254,688 1.67
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 9 Annualized 3,262,404 1,097,241 2,165,163 7.1% 42,650 0 2,122,513 1.82
11.01 Property       137 West 141st Street 9 Annualized 1,129,014 352,339 776,674   13,426 0 763,248  
11.02 Property       117 West 141st Street 9 Annualized 1,136,934 416,483 720,450   15,024 0 705,426  
11.03 Property       127 West 141st Street 9 Annualized 996,457 328,418 668,039   14,200 0 653,839  
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 7 Annualized 8,557,400 2,317,867 6,239,532 8.9% 26,806 60,786 6,151,940 1.44
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue NAV Not Available 12,672,245 2,708,238 9,964,007 7.2% 0 0 9,964,007 1.93
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex NAV Not Available 14,909,246 2,857,283 12,051,963 10.3% 58,500 0 11,993,463 3.66
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 12 Trailing 12 4,400,469 2,172,500 2,227,969 9.5% 94,000 0 2,133,969 2.40
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 12 Trailing 12 70,789,429 17,055,013 53,734,416 12.5% 182,776 1,878,551 51,673,090 3.12
16.01 Property       610 Main Street North 12 Trailing 12 30,351,909 6,775,685 23,576,224   75,259 0 23,500,965  
16.02 Property       1 Portland Street 12 Trailing 12 24,096,635 5,282,690 18,813,944   61,919 1,081,864 17,670,161  
16.03 Property       700 Main Street 12 Trailing 12 16,340,886 4,996,638 11,344,248   45,597 796,687 10,501,964  
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 12 Trailing 12 19,978,769 6,362,971 13,615,798 9.1% 148,500 464,061 13,003,237 2.63
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 12 Trailing 12 37,757,247 29,865,599 7,891,648 10.9% 0 0 7,891,648 1.62
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 12 Trailing 12 8,308,523 3,144,550 5,163,973 11.7% 45,409 465,005 4,653,559 1.86
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake NAV Not Available 2,599,955 1,081,353 1,518,602 8.7% 32,500 0 1,486,102 2.22
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 6 Annualized 1,918,978 692,941 1,226,037 8.8% 9,673 58,987 1,157,377 2.20
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 12 Trailing 12 1,746,298 399,942 1,346,356 10.4% 18,223 82,991 1,245,142 1.52
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 9 Annualized 1,300,448 467,990 832,458 6.9% 17,281 0 815,177 1.72
23.01 Property       79-85 Fairview Avenue 9 Annualized 475,762 166,401 309,362   5,376 0 303,986  
23.02 Property       649 West 184th Street 9 Annualized 450,690 160,097 290,593   4,480 0 286,113  
23.03 Property       325 Wadsworth Avenue 9 Annualized 373,996 141,493 232,503   7,425 0 225,078  
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 12 Trailing 12 3,896,497 2,240,642 1,655,855 14.2% 155,860 0 1,499,995 2.28
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 12 Trailing 12 1,412,938 371,817 1,041,120 10.2% 14,736 64,324 962,060 1.71
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 12 Trailing 12 1,778,642 719,818 1,058,824 13.0% 39,177 62,421 957,227 2.13
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 6 Annualized 658,756 93,951 564,805 7.8% 6,106 5,705 552,994 1.32
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa 12 Trailing 12 5,539,939 4,303,915 1,236,024 17.7% 221,598 0 1,014,426 3.82
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 12 Trailing 12 1,204,796 458,301 746,495 11.1% 15,034 110,138 621,323 1.69
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 12 Trailing 12 729,887 244,098 485,789 7.4% 5,000 0 480,789 1.71
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 12 Trailing 12 575,449 193,764 381,685 8.5% 6,131 1,500 374,054 1.45
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ NAV Not Available 394,324 105,574 288,750 8.5% 0 0 288,750 1.78

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name 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 ($) Largest Tenant
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 8.6% 136,500,000 11/1/2019 54.9% 54.9% 100.0% 12/6/2019 NAP NAP Confluent
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 10.5% 264,900,000 8/22/2019 68.8% 68.8% 96.1% 8/5/2019 NAP NAP AXA Equitable
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 12.5% 2,302,000,000 9/24/2019 39.1% 39.1% 92.9% 10/1/2019 NAP NAP Bank of America
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 8.5% 230,600,000 Various 69.4% 62.8% 100.0% 12/6/2019 NAP NAP  
4.01 Property       Londonderry / Manufacturing   41,200,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.02 Property       Dartmouth / Manufacturing   24,000,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.03 Property       Waltham Corporate   20,900,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.04 Property       Woburn   13,900,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.05 Property       Nashua   9,800,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.06 Property       Woburn CPD   9,200,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.07 Property       (West) Bridgewater   8,600,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.08 Property       Manchester, NH   7,700,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.09 Property       Norwalk 256   6,900,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.10 Property       New London   6,750,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.11 Property       East Haven   6,500,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.12 Property       Lincoln   6,400,000 9/27/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.13 Property       Bethlehem   6,000,000 9/18/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.14 Property       Salem   5,800,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.15 Property       Norwalk 260   5,900,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.16 Property       Berlin   5,400,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.17 Property       Dartmouth   5,400,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.18 Property       Manchester, CT   4,300,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.19 Property       Portland   4,100,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.20 Property       Braintree   4,000,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.21 Property       Warwick   3,800,000 9/27/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.22 Property       Fitchburg   3,400,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.23 Property       Auburn   3,300,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.24 Property       Berlin CPD   3,150,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.25 Property       Portsmouth   3,000,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.26 Property       Southampton   2,600,000 9/17/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.27 Property       Wilkes-Barre   2,400,000 9/18/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.28 Property       Hyannis   2,300,000 9/25/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.29 Property       Springfield   2,300,000 9/27/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
4.30 Property       White River Junction   1,600,000 9/26/2019     100.0% 12/6/2019 NAP NAP Harvey Building Products
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 12.1% 143,450,000 8/1/2019 61.9% 57.1% 96.9% 11/1/2019 NAP NAP Kroger
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 7.6% 77,100,000 6/21/2019 62.1% 62.1% 90.8% 8/1/2019 NAP NAP Art Van
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 6.6% 151,800,000 6/3/2019 73.8% 67.7% 96.7% 6/3/2019 NAP NAP Whole Foods
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 10.2% 55,530,000 Various 70.2% 64.2% 88.2% Various NAP NAP  
8.01 Property       199 Avenue B Northwest   25,640,000 9/1/2020     86.9% 10/25/2019 NAP NAP Bond & Steel Clinic PA
8.02 Property       200 Avenue B Northwest   6,230,000 8/1/2019     77.9% 10/25/2019 NAP NAP Central Florida Health Care Inc
8.03 Property       331 West Central Avenue   4,430,000 8/1/2019     97.1% 10/25/2019 NAP NAP Fromage Steak and Subs
8.04 Property       300 3rd Street Southwest   2,240,000 8/1/2019     100.0% 10/25/2019 NAP NAP Grove Roots Brewing Co.
8.05 Property       250 3rd Street Northwest   2,230,000 8/1/2019     88.9% 10/25/2019 NAP NAP Rafool, Snyder, Tingley & Assoc. LLC
8.06 Property       203 Avenue A Northwest   2,190,000 8/1/2019     100.0% 10/25/2019 NAP NAP Early Learning Coalition
8.07 Property       337 West Central Avenue   1,740,000 8/1/2019     96.3% 10/25/2019 NAP NAP Chesapeake Utilities Corp.
8.08 Property       401 3rd Street Southwest   1,670,000 8/1/2019     100.0% 10/25/2019 NAP NAP Pennoni Associates Inc
8.09 Property       242 West Central Avenue   1,330,000 8/1/2019     100.0% 12/6/2019 NAP NAP Peterson & Meyers PA
8.10 Property       56 - 58 4th Street Northwest   1,290,000 8/1/2019     100.0% 10/25/2019 NAP NAP Six Ten LLC
8.11 Property       245 West Central Avenue   1,190,000 8/1/2019     100.0% 10/25/2019 NAP NAP Union Tap Room LLC
8.12 Property       273 West Central Avenue / 46 3rd Street   950,000 8/1/2019     100.0% 10/25/2019 NAP NAP Law of Fitness
8.13 Property       249 3rd Street Southwest   870,000 8/1/2019     100.0% 10/25/2019 NAP NAP Bike Shop
8.14 Property       254 West Central Avenue   730,000 8/1/2019     100.0% 10/25/2019 NAP NAP Lasater Flowers LLC
8.15 Property       226 West Central Avenue   570,000 8/1/2019     100.0% 12/6/2019 NAP NAP Top Buttons, Inc.
8.16 Property       225 Avenue D Northwest   480,000 8/1/2019     0.0% 12/6/2019 NAP NAP NAP
8.17 Property       305 Avenue E Southwest   450,000 8/1/2019     100.0% 12/6/2019 NAP NAP S Vega, LLC
8.18 Property       230 West Central Avenue   420,000 8/1/2019     100.0% 12/6/2019 NAP NAP Watson Myers Realty, LLC
8.19 Property       220 West Central Avenue   410,000 8/1/2019     0.0% 12/6/2019 NAP NAP NAP
8.20 Property       239 3rd Street Southwest   290,000 8/1/2019     100.0% 12/6/2019 NAP NAP Barrel 239
8.21 Property       243 3rd Street Southwest   180,000 8/1/2019     60.7% 10/25/2019 NAP NAP Ringside Cuts, LLC
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 10.4% 365,000,000 8/12/2019 52.1% 52.1% 100.0% 8/30/2019 NAP NAP Intelsat Global Service Corporation
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 9.4% 225,000,000 9/1/2021 53.3% 48.3% 92.1% 9/15/2019 NAP NAP American Multi-Cinema, Inc.
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 6.9% 48,500,000 9/5/2019 63.3% 63.3% 97.3% 10/23/2019 NAP NAP  
11.01 Property       137 West 141st Street   16,700,000 9/5/2019     98.0% 10/23/2019 NAP NAP NAP
11.02 Property       117 West 141st Street   15,800,000 9/5/2019     100.0% 10/23/2019 NAP NAP NAP
11.03 Property       127 West 141st Street   16,000,000 9/5/2019     94.0% 10/23/2019 NAP NAP NAP
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 8.8% 105,000,000 9/4/2019 66.5% 47.3% 100.0% 8/31/2019 NAP NAP Kohl’s
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 7.2% 197,000,000 8/19/2019 70.0% 70.0% 100.0% 12/11/2019 NAP NAP Google
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 10.3% 293,000,000 8/21/2019 39.9% 39.9% 100.0% 9/10/2019 NAP NAP Regal Cinemas
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 9.1% 39,300,000 8/1/2019 59.4% 59.4% 89.4% 9/30/2019 NAP NAP NAP
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 12.0% 1,158,000,000 4/11/2019 37.1% 37.1% 100.0% 5/1/2019 NAP NAP  
16.01 Property       610 Main Street North   462,000,000 4/11/2019     100.0% 5/1/2019 NAP NAP Pfizer
16.02 Property       1 Portland Street   416,000,000 4/11/2019     100.0% 5/1/2019 NAP NAP Pfizer
16.03 Property       700 Main Street   280,000,000 4/11/2019     100.0% 5/1/2019 NAP NAP Novartis Institutes for Biomedical Research, Inc.
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 8.7% 227,100,000 8/21/2019 66.1% 66.1% 98.8% 9/30/2019 NAP NAP Intellectual Ventures
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 10.9% 105,500,000 8/22/2019 68.6% 63.7% 74.8% 8/31/2019 154.12 115.28 NAP
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 10.5% 70,000,000 9/4/2019 63.1% 50.0% 100.0% 7/31/2019 NAP NAP Helix Energy Solutions Group
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake 8.5% 31,300,000 9/24/2019 55.9% 55.9% 95.2% 11/4/2019 NAP NAP NAP
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 8.3% 28,100,000 8/27/2019 49.8% 49.8% 95.2% 10/11/2019 NAP NAP At Home
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 9.7% 17,200,000 9/29/2019 75.0% 54.1% 93.7% 10/24/2019 NAP NAP Hobby Lobby
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 6.8% 17,800,000 9/5/2019 67.4% 67.4% 100.0% 10/23/2019 NAP NAP  
23.01 Property       79-85 Fairview Avenue   6,900,000 9/5/2019     100.0% 10/23/2019 NAP NAP NAP
23.02 Property       649 West 184th Street   5,800,000 9/5/2019     100.0% 10/23/2019 NAP NAP NAP
23.03 Property       325 Wadsworth Avenue   5,100,000 9/5/2019     100.0% 10/23/2019 NAP NAP NAP
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 12.8% 16,700,000 7/1/2019 70.0% 58.7% 89.1% 7/31/2019 95.34 84.92 NAP
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 9.4% 14,500,000 9/6/2019 70.6% 55.5% 93.5% 9/30/2019 NAP NAP Planet Fitness
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 11.7% 14,100,000 9/14/2019 57.9% 45.5% 94.7% 8/31/2019 NAP NAP Christmas Tree Shops
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 7.6% 10,300,000 11/1/2019 70.4% 62.5% 100.0% 9/24/2019 NAP NAP Penn Medicine
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa 14.5% 18,700,000 8/26/2019 37.4% 37.4% 59.5% 9/30/2019 228.62 136.07 NAP
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 9.3% 9,900,000 9/13/2019 67.7% 61.0% 92.8% 10/23/2019 NAP NAP Novant Medical Group
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 7.3% 11,600,000 6/7/2019 56.9% 56.9% 95.0% 9/5/2019 NAP NAP NAP
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 8.3% 6,300,000 9/24/2019 71.4% 61.8% 95.3% 8/31/2019 NAP NAP NAP
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ 8.5% 5,800,000 4/4/2019 58.6% 58.6% NAP NAP NAP NAP NAP

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name 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
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 75,475 10/31/2029 NAP     NAP     NAP  
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 291,528 11/30/2028 Allstate Insurance Company 257,393 12/31/2027 Classic Graphics 238,744 1/31/2026 Alight Solutions LLC 216,377
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 149,508 9/30/2029 Manatt Phelps 116,366 4/30/2035 JPMorgan 97,726 8/31/2021 Kirkland & Ellis 85,664
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products                    
4.01 Property       Londonderry / Manufacturing 376,294 10/21/2039 NAP     NAP     NAP  
4.02 Property       Dartmouth / Manufacturing 235,239 10/21/2039 NAP     NAP     NAP  
4.03 Property       Waltham Corporate 54,400 10/21/2039 NAP     NAP     NAP  
4.04 Property       Woburn 76,054 10/21/2039 NAP     NAP     NAP  
4.05 Property       Nashua 111,594 10/21/2039 NAP     NAP     NAP  
4.06 Property       Woburn CPD 59,800 10/21/2039 NAP     NAP     NAP  
4.07 Property       (West) Bridgewater 81,776 10/21/2039 NAP     NAP     NAP  
4.08 Property       Manchester, NH 81,747 10/21/2039 NAP     NAP     NAP  
4.09 Property       Norwalk 256 40,232 10/21/2039 NAP     NAP     NAP  
4.10 Property       New London 70,642 10/21/2039 NAP     NAP     NAP  
4.11 Property       East Haven 70,089 10/21/2039 NAP     NAP     NAP  
4.12 Property       Lincoln 80,240 10/21/2039 NAP     NAP     NAP  
4.13 Property       Bethlehem 71,091 10/21/2039 NAP     NAP     NAP  
4.14 Property       Salem 58,286 10/21/2039 NAP     NAP     NAP  
4.15 Property       Norwalk 260 30,000 10/21/2039 NAP     NAP     NAP  
4.16 Property       Berlin 43,796 10/21/2039 NAP     NAP     NAP  
4.17 Property       Dartmouth 63,117 10/21/2039 NAP     NAP     NAP  
4.18 Property       Manchester, CT 49,175 10/21/2039 NAP     NAP     NAP  
4.19 Property       Portland 48,145 10/21/2039 NAP     NAP     NAP  
4.20 Property       Braintree 32,531 10/21/2039 NAP     NAP     NAP  
4.21 Property       Warwick 43,899 10/21/2039 NAP     NAP     NAP  
4.22 Property       Fitchburg 39,433 10/21/2039 NAP     NAP     NAP  
4.23 Property       Auburn 37,132 10/21/2039 NAP     NAP     NAP  
4.24 Property       Berlin CPD 28,163 10/21/2039 NAP     NAP     NAP  
4.25 Property       Portsmouth 31,470 10/21/2039 NAP     NAP     NAP  
4.26 Property       Southampton 36,421 10/21/2039 NAP     NAP     NAP  
4.27 Property       Wilkes-Barre 32,200 10/21/2039 NAP     NAP     NAP  
4.28 Property       Hyannis 24,070 10/21/2039 NAP     NAP     NAP  
4.29 Property       Springfield 25,347 10/21/2039 NAP     NAP     NAP  
4.30 Property       White River Junction 13,736 10/21/2039 NAP     NAP     NAP  
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 97,000 12/31/2032 Kohl’s 87,327 1/31/2032 Cinepolis 52,750 12/31/2031 Field & Stream 50,470
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 40,628 8/31/2027 Nordstrom Rack 33,036 4/30/2027 Sierra Trading Post 21,504 5/31/2027 Nike 17,152
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 30,326 6/30/2036 Marshalls 26,020 5/31/2026 Michaels 18,141 2/28/2026 RGN-Chicago XXXII LLC 16,614
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio                    
8.01 Property       199 Avenue B Northwest 46,130 11/30/2028 IF&D Data Center LLC 37,442 12/31/2032 Frontier 30,373 10/31/2039 Protected Trust 9,216
8.02 Property       200 Avenue B Northwest 11,447 10/31/2024 Windstream Communications 11,179 6/30/2021 DSM Technology Consultants 9,005 12/31/2022 Crown Castle Fiber LLC 3,363
8.03 Property       331 West Central Avenue 5,653 12/31/2024 The Results Companies LLC 4,206 8/14/2021 C & C Global Investments Inc. 2,437 7/31/2021 Tsunami Sushi 2,147
8.04 Property       300 3rd Street Southwest 11,935 10/31/2023 Posh Salon Suites, Inc. 4,000 10/31/2023 NAP     NAP  
8.05 Property       250 3rd Street Northwest 4,131 5/31/2020 Advanced Orthopedic Surgery 3,576 5/16/2024 Polk Therapy LLC 1,858 5/15/2024 Everything About Smiles Orthodontics 1,777
8.06 Property       203 Avenue A Northwest 8,381 4/30/2024 Nurse on Call, Inc. 8,182 10/31/2020 Wells Fargo Bank 4,687 4/30/2021 3B Medical Inc. 1,114
8.07 Property       337 West Central Avenue 3,061 11/30/2020 Wauchula State Bank 2,780 12/31/2021 Inside Out Fitness Co-Op, LLC 2,060 9/30/2020 Mackie Industries Inc. 1,388
8.08 Property       401 3rd Street Southwest 6,660 10/31/2023 Regional Health Diagnostics Inc 2,283 10/31/2023 NAP     NAP  
8.09 Property       242 West Central Avenue 8,017 11/30/2021 NAP     NAP     NAP  
8.10 Property       56 - 58 4th Street Northwest 4,536 12/31/2032 Tempo 1930 2,000 6/11/2022 Central Florida Media Group, LLC 1,242 1/31/2020 Abercrombie PA 580
8.11 Property       245 West Central Avenue 3,600 6/30/2024 Norris & Company Realty, LLC 2,267 5/31/2024 The Treasured Olive 1,258 12/31/2024 NAP  
8.12 Property       273 West Central Avenue / 46 3rd Street 5,353 12/31/2023 Old Winter Haven Pub 2,280 12/12/2025 NAP     NAP  
8.13 Property       249 3rd Street Southwest 4,667 12/31/2023 Fred Simons III 1,108 2/1/2021 NAP     NAP  
8.14 Property       254 West Central Avenue 2,584 11/30/2020 Confection Crypt LLC 691 6/1/2020 Luba Winters 681 11/30/2020 Beauty Experience Studio 333
8.15 Property       226 West Central Avenue 3,125 9/30/2022 NAP     NAP     NAP  
8.16 Property       225 Avenue D Northwest     NAP     NAP     NAP  
8.17 Property       305 Avenue E Southwest 4,889 8/31/2022 NAP     NAP     NAP  
8.18 Property       230 West Central Avenue 2,506 9/30/2022 NAP     NAP     NAP  
8.19 Property       220 West Central Avenue     NAP     NAP     NAP  
8.20 Property       239 3rd Street Southwest 2,000 7/31/2021 NAP     NAP     NAP  
8.21 Property       243 3rd Street Southwest 1,184 4/30/2021 NAP     NAP     NAP  
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 212,572 7/31/2029 Deloitte, LLP 94,378 8/31/2027 Splunk Inc 57,521 5/31/2022 Morgan Franklin 28,553
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 88,270 8/31/2028 Dave & Busters 46,953 11/30/2022 TJ Maxx 29,956 10/31/2020 H&M 25,025
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio                    
11.01 Property       137 West 141st Street     NAP     NAP     NAP  
11.02 Property       117 West 141st Street     NAP     NAP     NAP  
11.03 Property       127 West 141st Street     NAP     NAP     NAP  
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 128,234 5/31/2030 Best Buy 45,720 1/31/2026 BMO Harris Bank 4,750 8/31/2025 NAP  
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 151,064 5/31/2029 NAP     NAP     NAP  
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 65,000 3/31/2039 NAP     NAP     NAP  
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments     NAP     NAP     NAP  
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle                    
16.01 Property       610 Main Street North 270,056 12/31/2031 Sulmona Restaurant Group 3,355 2/28/2027 Café Luna 2,328 3/31/2027 Boston Burger 1,984
16.02 Property       1 Portland Street 229,330 1/31/2024 NAP     NAP     NAP  
16.03 Property       700 Main Street 99,883 7/31/2024 Lab Central Inc. 68,996 3/31/2027 NAP     NAP  
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 152,633 5/31/2025 ArenaNet 96,839 5/31/2029 WeWork 78,303 12/31/2031 Farmers 61,327
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza     NAP     NAP     NAP  
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 118,630 6/30/2025 Cameron International Corp. 106,801 11/30/2023 NAP     NAP  
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake     NAP     NAP     NAP  
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 10,000 2/1/2028 Bronx Coworking Space 9,000 11/30/2027 Bronx NET 6,400 3/1/2021 Central Park Physical Medicine 6,000
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 61,644 10/31/2024 Luv 2 Play 9,983 11/30/2027 King Buffet 8,002 10/31/2021 Gene Allens Gifts/Hallmark 4,480
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio                    
23.01 Property       79-85 Fairview Avenue     NAP     NAP     NAP  
23.02 Property       649 West 184th Street     NAP     NAP     NAP  
23.03 Property       325 Wadsworth Avenue     NAP     NAP     NAP  
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo     NAP     NAP     NAP  
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 27,059 8/31/2028 Salon 4 Suites 4,770 6/30/2029 Richi’s Diner 4,200 9/30/2029 Interdent Service Co 3,587
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 57,776 12/31/2023 Guitar Center 16,000 5/31/2028 Dalene Flooring 14,500 2/14/2027 The Dog House 6,592
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 5,705 1/31/2030 NAP     NAP     NAP  
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa     NAP     NAP     NAP  
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 12,394 10/31/2021 Christine Bienefeld MD 7,004 11/30/2024 Dr. Sharon Cobham 5,126 6/30/2020 Orbock Ruark & Dillard 4,852
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street     NAP     NAP     NAP  
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah     NAP     NAP     NAP  
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ     NAP     NAP     NAP  

 

Page 9 of 15 

 

 

Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Fourth Largest Tenant Lease Expiration (6) Fifth Largest Tenant Fifth Largest Tenant Sq Ft Fifth Largest Tenant Lease Expiration (6) Environmental Phase I Report Date Environmental Phase II Y/N Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn   NAP     9/23/2019 No NAP 9/20/2019 9/23/2019 7%
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 11/30/2025 Wells Fargo Bank 196,613 3/31/2025 8/8/2019 No NAP 8/8/2019 NAP NAP
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 12/31/2034 Greenberg Glusker 83,199 2/28/2035 10/15/2019 No NAP 10/11/2019 10/11/2019 18%
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products                    
4.01 Property       Londonderry / Manufacturing   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.02 Property       Dartmouth / Manufacturing   NAP     8/28/2019 No NAP 9/5/2019 NAP NAP
4.03 Property       Waltham Corporate   NAP     8/27/2019 No NAP 9/5/2019 NAP NAP
4.04 Property       Woburn   NAP     8/29/2019 No NAP 9/6/2019 NAP NAP
4.05 Property       Nashua   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.06 Property       Woburn CPD   NAP     8/29/2019 No NAP 9/6/2019 NAP NAP
4.07 Property       (West) Bridgewater   NAP     8/25/2019 No NAP 9/6/2019 NAP NAP
4.08 Property       Manchester, NH   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.09 Property       Norwalk 256   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.10 Property       New London   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.11 Property       East Haven   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.12 Property       Lincoln   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.13 Property       Bethlehem   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.14 Property       Salem   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.15 Property       Norwalk 260   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.16 Property       Berlin   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.17 Property       Dartmouth   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.18 Property       Manchester, CT   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.19 Property       Portland   NAP     8/29/2019 No NAP 9/6/2019 NAP NAP
4.20 Property       Braintree   NAP     8/25/2019 No NAP 9/6/2019 NAP NAP
4.21 Property       Warwick   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.22 Property       Fitchburg   NAP     8/29/2019 No NAP 9/6/2019 NAP NAP
4.23 Property       Auburn   NAP     8/28/2019 No NAP 9/6/2019 NAP NAP
4.24 Property       Berlin CPD   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.25 Property       Portsmouth   NAP     8/28/2019 No NAP 9/6/2019 NAP NAP
4.26 Property       Southampton   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.27 Property       Wilkes-Barre   NAP     8/30/2019 No NAP 9/5/2019 NAP NAP
4.28 Property       Hyannis   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.29 Property       Springfield   NAP     8/30/2019 No NAP 9/6/2019 NAP NAP
4.30 Property       White River Junction   NAP     8/29/2019 No NAP 9/5/2019 NAP NAP
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 1/31/2030 TJ Maxx/HomeGoods 45,000 10/31/2023 8/2/2019 No NAP 8/2/2019 NAP NAP
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 1/31/2028 DSW 17,038 1/31/2028 8/21/2019 No NAP 8/21/2019 NAP NAP
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 7/31/2026 Hyde Park OneFish TwoFish LLC 5,255 7/31/2027 6/13/2019 No NAP 6/10/2019 NAP NAP
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio                    
8.01 Property       199 Avenue B Northwest 7/31/2033 BayCare Health Systems 9,016 8/31/2020 8/13/2019 No NAP 8/9/2019 NAP NAP
8.02 Property       200 Avenue B Northwest 4/30/2021 Merlin Entertainments Group of FL 2,228 5/31/2020 8/13/2019 No NAP 8/9/2019 NAP NAP
8.03 Property       331 West Central Avenue 3/31/2023 Veterinary Healthcare Associates Inc 1,908 2/28/2021 8/13/2019 No NAP 8/9/2019 NAP NAP
8.04 Property       300 3rd Street Southwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.05 Property       250 3rd Street Northwest 10/31/2024 Bank of Central Florida 1,764 5/31/2023 8/13/2019 No NAP 8/9/2019 NAP NAP
8.06 Property       203 Avenue A Northwest 10/31/2021 NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.07 Property       337 West Central Avenue 1/31/2020 Florida Frodge Group 634 5/31/2020 8/13/2019 No NAP 8/9/2019 NAP NAP
8.08 Property       401 3rd Street Southwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.09 Property       242 West Central Avenue   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.10 Property       56 - 58 4th Street Northwest 6/30/2021 NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.11 Property       245 West Central Avenue   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.12 Property       273 West Central Avenue / 46 3rd Street   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.13 Property       249 3rd Street Southwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.14 Property       254 West Central Avenue 11/30/2020 NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.15 Property       226 West Central Avenue   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.16 Property       225 Avenue D Northwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.17 Property       305 Avenue E Southwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.18 Property       230 West Central Avenue   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.19 Property       220 West Central Avenue   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.20 Property       239 3rd Street Southwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
8.21 Property       243 3rd Street Southwest   NAP     8/13/2019 No NAP 8/9/2019 NAP NAP
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 2/28/2027 Reed Smith LLP 28,553 7/31/2029 8/13/2019 No NAP 8/13/2019 NAP NAP
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 1/31/2028 Off Broadway Shoes 21,554 1/31/2026 10/3/2019 No NAP 10/3/2019 NAP NAP
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio                    
11.01 Property       137 West 141st Street   NAP     9/13/2019 No NAP 9/13/2019 NAP NAP
11.02 Property       117 West 141st Street   NAP     9/13/2019 No NAP 9/13/2019 NAP NAP
11.03 Property       127 West 141st Street   NAP     9/13/2019 No NAP 9/13/2019 NAP NAP
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection   NAP     10/4/2019 No NAP 10/2/2019 NAP NAP
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue   NAP     8/27/2019 No NAP 8/26/2019 8/26/2019 6%
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex   NAP     8/27/2019 No NAP 8/27/2019 NAP NAP
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments   NAP     10/16/2019 No NAP 10/16/2019 NAP NAP
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle                    
16.01 Property       610 Main Street North 9/30/2027 Revela 1,015 7/31/2027 4/10/2019 No NAP 4/10/2019 NAP NAP
16.02 Property       1 Portland Street   NAP     4/10/2019 No NAP 4/10/2019 NAP NAP
16.03 Property       700 Main Street   NAP     4/10/2019 No NAP 4/10/2019 NAP NAP
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 5/31/2029 GM Cruise 32,331 11/30/2026 8/28/2019 No NAP 8/28/2019 7/25/2019 7%-9%
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza   NAP     8/29/2019 No NAP 8/29/2019 NAP NAP
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre   NAP     9/5/2019 No NAP 9/5/2019 NAP NAP
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake   NAP     7/9/2019 No NAP 10/1/2019 NAP NAP
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 5/31/2020 Diabetes Relief Center Bronx Leasing LLC 5,500 1/31/2023 9/4/2019 No NAP 9/4/2019 NAP NAP
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 5/31/2022 Bricks & Minifigs 3,944 1/31/2023 9/18/2019 No NAP 9/16/2019 NAP NAP
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio                    
23.01 Property       79-85 Fairview Avenue   NAP     9/12/2019 No NAP 9/12/2019 NAP NAP
23.02 Property       649 West 184th Street   NAP     9/12/2019 No NAP 9/12/2019 NAP NAP
23.03 Property       325 Wadsworth Avenue   NAP     9/12/2019 No NAP 9/12/2019 NAP NAP
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo   NAP     7/10/2019 No NAP 7/11/2019 NAP NAP
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 2/28/2021 Booty’s Bar & Grill 3,560 8/31/2022 9/24/2019 No NAP 9/18/2019 NAP NAP
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 2/29/2024 Morning Star Books 6,050 11/30/2022 9/5/2019 No NAP 9/6/2019 NAP NAP
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street   NAP     10/3/2019 No NAP 10/2/2019 NAP NAP
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa   NAP     9/3/2019 No NAP 9/3/2019 9/3/2019 9%
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 12/31/2019 Grandfather Homes 4,220 3/31/2020 9/26/2019 No NAP 9/25/2019 NAP NAP
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street   NAP     6/12/2019 No NAP 6/12/2019 NAP NAP
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah   NAP     9/25/2019 No NAP 9/25/2019 NAP NAP
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ   NAP     4/9/2019 No NAP 4/9/2019 NAP NAP

 

Page 10 of 15 

 

 

Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name 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 ($) Upfront TI/LC Reserve ($) Ongoing TI/LC Reserve ($)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn No 42,604 23,341 28,925 3,616 0 1,258 30,190 0 0
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park No 441,662 147,221 0 0 30,912 30,912 0 115,921 115,921
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers No 0 0 0 0 0 0 0 0 0
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products No 0 0 0 0 0 0 0 0 0
4.01 Property       Londonderry / Manufacturing No                  
4.02 Property       Dartmouth / Manufacturing No                  
4.03 Property       Waltham Corporate No                  
4.04 Property       Woburn No                  
4.05 Property       Nashua No                  
4.06 Property       Woburn CPD No                  
4.07 Property       (West) Bridgewater No                  
4.08 Property       Manchester, NH No                  
4.09 Property       Norwalk 256 No                  
4.10 Property       New London No                  
4.11 Property       East Haven No                  
4.12 Property       Lincoln No                  
4.13 Property       Bethlehem No                  
4.14 Property       Salem No                  
4.15 Property       Norwalk 260 No                  
4.16 Property       Berlin No                  
4.17 Property       Dartmouth No                  
4.18 Property       Manchester, CT No                  
4.19 Property       Portland No                  
4.20 Property       Braintree No                  
4.21 Property       Warwick No                  
4.22 Property       Fitchburg No                  
4.23 Property       Auburn No                  
4.24 Property       Berlin CPD No                  
4.25 Property       Portsmouth No                  
4.26 Property       Southampton No                  
4.27 Property       Wilkes-Barre No                  
4.28 Property       Hyannis No                  
4.29 Property       Springfield No                  
4.30 Property       White River Junction No                  
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use No 1,416,313 236,052 28,569 9,523 0 8,127 292,582 750,000 67,728
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square No 300,551 60,110 58,510 4,876 0 1,660 0 0 14,441
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park No 360,081 120,027 70,907 8,863 4,834 4,834 0 11,465 11,465
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio No 26,553 26,553 0 0 0 6,427 231,367 0 32,134
8.01 Property       199 Avenue B Northwest No                  
8.02 Property       200 Avenue B Northwest No                  
8.03 Property       331 West Central Avenue No                  
8.04 Property       300 3rd Street Southwest No                  
8.05 Property       250 3rd Street Northwest No                  
8.06 Property       203 Avenue A Northwest No                  
8.07 Property       337 West Central Avenue No                  
8.08 Property       401 3rd Street Southwest No                  
8.09 Property       242 West Central Avenue No                  
8.10 Property       56 - 58 4th Street Northwest No                  
8.11 Property       245 West Central Avenue No                  
8.12 Property       273 West Central Avenue / 46 3rd Street No                  
8.13 Property       249 3rd Street Southwest No                  
8.14 Property       254 West Central Avenue No                  
8.15 Property       226 West Central Avenue No                  
8.16 Property       225 Avenue D Northwest No                  
8.17 Property       305 Avenue E Southwest No                  
8.18 Property       230 West Central Avenue No                  
8.19 Property       220 West Central Avenue No                  
8.20 Property       239 3rd Street Southwest No                  
8.21 Property       243 3rd Street Southwest No                  
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower No 0 0 0 0 0 0 1,000,000 0 0
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West No 3,569,900 594,983 0 0 0 9,955 0 10,000,000 0
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio No 199,821 39,964 77,963 8,663 0 3,552 0 0 0
11.01 Property       137 West 141st Street No                  
11.02 Property       117 West 141st Street No                  
11.03 Property       127 West 141st Street No                  
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection No 0 0 0 0 0 2,234 0 0 5,065
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue No 0 0 0 0 75,532 0 75,532 0 0
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex No 311,439 62,288 0 0 4,875 5,415 0 0 0
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments No 60,496 30,248 155,377 15,538 352,200 7,833 0 0 0
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle No 0 0 0 0 0 0 0 0 0
16.01 Property       610 Main Street North No                  
16.02 Property       1 Portland Street No                  
16.03 Property       700 Main Street No                  
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North No 153,562 153,562 166,282 33,256 12,375 12,375 445,499 38,672 38,672
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza No 460,682 115,170 0 0 0 4% of Gross Revenues 0 0 0
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre No 1,535,640 139,493 0 0 3,784 3,784 0 1,500,000 23,651
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake No 40,201 40,201 4,053 6,422 0 0 0 0 0
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue No 192,126 0 38,434 3,203 0 948 22,760 0 4,916
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace No 13,203 26,169 0 0 1,519 1,519 72,890 9,583 9,583
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio No 86,604 17,321 11,545 2,309 0 1,458 0 0 0
23.01 Property       79-85 Fairview Avenue No                  
23.02 Property       649 West 184th Street No                  
23.03 Property       325 Wadsworth Avenue No                  
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo No 116,074 12,897 46,973 5,219 0 4% of Gross Revenues 0 0 0
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza No 44,279 14,760 17,001 1,417 0 1,228 44,208 0 5,339
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza No 139,868 27,974 16,369 0 0 3,265 0 53,500 6,996
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street No 6,662 606 15,794 2,256 0 438 0 0 285
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa No 17,964 10,116 1,113 1,113 0 4% of Gross Revenue 0 0 0
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III No 0 10,461 1,668 834 0 2,325 0 125,000 9,178
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street No 89,581 14,930 0 0 417 417 0 0 0
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah No 6,853 3,427 4,591 765 0 465 0 0 0
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ No 0 0 0 0 0 0 0 0 0

 

Page 11 of 15 

 

 

Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name 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 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 0 0 0 0 0 0 0 150,000 0 23andMe Reserve
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 1,400,000 0 0 0 0 0 0 0 0  
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 0 0 0 0 0 0 0 100,769,680 0 Outstanding TI/LC Reserve ($71,223,945.39); Free Rent Reserve ($29,545,734.88)
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 0 0 0 0 0 0 0 0 0  
4.01 Property       Londonderry / Manufacturing                    
4.02 Property       Dartmouth / Manufacturing                    
4.03 Property       Waltham Corporate                    
4.04 Property       Woburn                    
4.05 Property       Nashua                    
4.06 Property       Woburn CPD                    
4.07 Property       (West) Bridgewater                    
4.08 Property       Manchester, NH                    
4.09 Property       Norwalk 256                    
4.10 Property       New London                    
4.11 Property       East Haven                    
4.12 Property       Lincoln                    
4.13 Property       Bethlehem                    
4.14 Property       Salem                    
4.15 Property       Norwalk 260                    
4.16 Property       Berlin                    
4.17 Property       Dartmouth                    
4.18 Property       Manchester, CT                    
4.19 Property       Portland                    
4.20 Property       Braintree                    
4.21 Property       Warwick                    
4.22 Property       Fitchburg                    
4.23 Property       Auburn                    
4.24 Property       Berlin CPD                    
4.25 Property       Portsmouth                    
4.26 Property       Southampton                    
4.27 Property       Wilkes-Barre                    
4.28 Property       Hyannis                    
4.29 Property       Springfield                    
4.30 Property       White River Junction                    
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 1,000,000 0 0 154,110 0 0 0 243,805 20,833 Unfunded Obligations Reserve (Upfront: $243,804.75); Ring Road Reserve (Monthly: $20,833)
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 0 0 0 0 0 0 0 400,000 0 Forever 21 TI/LC Reserve
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 687,888 0 0 0 0 0 0 446,473 0 Outstanding TI/LC Reserve ($421,473); OneFish TwoFish Reserve ($25,000)
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 1,156,836 0 0 0 0 0 0 0 0  
8.01 Property       199 Avenue B Northwest                    
8.02 Property       200 Avenue B Northwest                    
8.03 Property       331 West Central Avenue                    
8.04 Property       300 3rd Street Southwest                    
8.05 Property       250 3rd Street Northwest                    
8.06 Property       203 Avenue A Northwest                    
8.07 Property       337 West Central Avenue                    
8.08 Property       401 3rd Street Southwest                    
8.09 Property       242 West Central Avenue                    
8.10 Property       56 - 58 4th Street Northwest                    
8.11 Property       245 West Central Avenue                    
8.12 Property       273 West Central Avenue / 46 3rd Street                    
8.13 Property       249 3rd Street Southwest                    
8.14 Property       254 West Central Avenue                    
8.15 Property       226 West Central Avenue                    
8.16 Property       225 Avenue D Northwest                    
8.17 Property       305 Avenue E Southwest                    
8.18 Property       230 West Central Avenue                    
8.19 Property       220 West Central Avenue                    
8.20 Property       239 3rd Street Southwest                    
8.21 Property       243 3rd Street Southwest                    
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 1,321,825 0 0 0 0 0 0 0 0  
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 2,500,000 0 0 227,700 0 0 0 0 0  
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 0 0 0 42,900 0 0 0 0 0  
11.01 Property       137 West 141st Street                    
11.02 Property       117 West 141st Street                    
11.03 Property       127 West 141st Street                    
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 0 0 0 78,950 0 0 0 0 0  
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 0 0 0 0 0 0 0 12,085,120 0 Outstanding TI/LC Reserve
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 0 0 0 0 0 0 0 0 0  
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 0 129,173 0 89,688 0 0 0 12,500 0 Sand Trap Installation Reserve
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 0 0 0 0 0 0 0 0 0  
16.01 Property       610 Main Street North                    
16.02 Property       1 Portland Street                    
16.03 Property       700 Main Street                    
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North 928,122 0 0 0 0 0 0 14,787,464 0 Outstanding TI/LC Reserve ($14,380,753.87); Free Rent Reserve ($406,709.78)
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza 0 0 0 382,383 0 0 0 3,090,409 18,745 PIP Reserve (Upfront: $1,687,534.46); Working Capital Reserve (Upfront: $902,874.64); Seasonality Reserve (Upfront: $500,000); Condominium Reserve (Monthly: $18,745)
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre 851,419 0 0 37,500 0 0 0 0 0  
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake 0 0 0 0 0 389,950 0 0 0  
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue 250,000 0 0 0 0 0 0 0 0  
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace 460,000 0 0 219,554 0 0 0 0 0  
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 0 0 0 165,330 0 0 0 0 0  
23.01 Property       79-85 Fairview Avenue                    
23.02 Property       649 West 184th Street                    
23.03 Property       325 Wadsworth Avenue                    
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 0 0 0 0 0 0 0 0 0  
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza 320,355 0 0 0 0 0 0 300,327 0 Unfunded Obligations Reserve ($239,405.49); Free Rent Reserve ($60,921.83)
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza 0 0 0 35,778 0 0 0 0 0  
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street 17,350 0 0 0 0 0 0 171,150 0 Unfunded Obligations Reserve ($142,625); Free Rent Reserve ($28,525)
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa 0 0 0 0 0 0 0 85,250 17,500 Seasonal Working Capital Reserve (Monthly: $17,500); C&D Claims Reserve (Upfront: $85,250)
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III 300,000 0 0 0 0 0 0 40,000 0 Outstanding TI/LC Reserve
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street 0 0 0 0 0 0 0 0 0  
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah 0 0 0 0 0 0 0 0 0  
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ 0 0 0 0 0 0 0 0 0  

 

Page 12 of 15 

 

 

Benchmark 2019-B15 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 ($) Loan Payoff ($)
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 899 West Evelyn, LLC No Daniel Marc Minkoff and Terry Lee Maas Refinance 75,000,000 0 0 0 75,000,000 24,406,042
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park BRI 1881 Innovation Park, LLC No Aleph Investment Properties (US), LLLP and Aleph Investment Properties, LLLP Acquisition 182,250,000 101,642,381 0 0 283,892,381 0
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers One Hundred Towers L.L.C. No NAP Refinance 900,000,000 0 300,000,000 0 1,200,000,000 823,449,563
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products AGNL Pane, L.L.C. No AG Net Lease IV Corp. Acquisition 160,000,000 70,172,133 0 2,978,804 233,150,937 0
4.01 Property       Londonderry / Manufacturing                    
4.02 Property       Dartmouth / Manufacturing                    
4.03 Property       Waltham Corporate                    
4.04 Property       Woburn                    
4.05 Property       Nashua                    
4.06 Property       Woburn CPD                    
4.07 Property       (West) Bridgewater                    
4.08 Property       Manchester, NH                    
4.09 Property       Norwalk 256                    
4.10 Property       New London                    
4.11 Property       East Haven                    
4.12 Property       Lincoln                    
4.13 Property       Bethlehem                    
4.14 Property       Salem                    
4.15 Property       Norwalk 260                    
4.16 Property       Berlin                    
4.17 Property       Dartmouth                    
4.18 Property       Manchester, CT                    
4.19 Property       Portland                    
4.20 Property       Braintree                    
4.21 Property       Warwick                    
4.22 Property       Fitchburg                    
4.23 Property       Auburn                    
4.24 Property       Berlin CPD                    
4.25 Property       Portsmouth                    
4.26 Property       Southampton                    
4.27 Property       Wilkes-Barre                    
4.28 Property       Hyannis                    
4.29 Property       Springfield                    
4.30 Property       White River Junction                    
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use Austin Landing North, LLC No Soly Halabi and Joseph Simhon Acquisition 88,750,000 22,325,720 26,000,000 1,783,461 138,859,181 0
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square KVS PropCo, LLC No Lawrence S. Bond, Robert J. Bond and Scott Stefanik Refinance 47,900,000 940,000 9,000,000 0 57,840,000 56,022,572
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 1525 HP, LLC No LARP Holdings, LLC Refinance 112,000,000 3,010,250 0 0 115,010,250 112,000,000
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio Metro Six/Ten, LLC No Carl J. Strang III and Six/Ten, LLC Refinance/Acquisition 39,000,000 0 0 0 39,000,000 32,500,094
8.01 Property       199 Avenue B Northwest                    
8.02 Property       200 Avenue B Northwest                    
8.03 Property       331 West Central Avenue                    
8.04 Property       300 3rd Street Southwest                    
8.05 Property       250 3rd Street Northwest                    
8.06 Property       203 Avenue A Northwest                    
8.07 Property       337 West Central Avenue                    
8.08 Property       401 3rd Street Southwest                    
8.09 Property       242 West Central Avenue                    
8.10 Property       56 - 58 4th Street Northwest                    
8.11 Property       245 West Central Avenue                    
8.12 Property       273 West Central Avenue / 46 3rd Street                    
8.13 Property       249 3rd Street Southwest                    
8.14 Property       254 West Central Avenue                    
8.15 Property       226 West Central Avenue                    
8.16 Property       225 Avenue D Northwest                    
8.17 Property       305 Avenue E Southwest                    
8.18 Property       230 West Central Avenue                    
8.19 Property       220 West Central Avenue                    
8.20 Property       239 3rd Street Southwest                    
8.21 Property       243 3rd Street Southwest                    
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower Tysons Corner Office I LLC No NAP Recapitalization  190,000,000 0 0 0 190,000,000 0
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West W-LD Legends Owner VII, L.L.C. No Walton Street Real Estate FUND VII, L.P., Walton Street Real Estate Investors VII, L.P., Walton Street Real Estate Fund VII-Q, L.P., Walton Street Real Estate Fund VII-E, L.P., Walton Street Real Estate Partners VII, L.P., Walton Street Real Estate Partners VII-NGE, L.P., Walton Street Real Estate Fund VII-NUS, L.P. and WSC Capital Holdings VII, L.P. Refinance 120,000,000 22,257,132 0 0 142,257,132 127,397,288
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 117 West 141 DE LLC, 127 West 141 DE LLC and 137 West 141 DE LLC No Chaim Simkowitz Refinance 30,700,000 0 0 0 30,700,000 28,752,312
11.01 Property       137 West 141st Street                    
11.02 Property       117 West 141st Street                    
11.03 Property       127 West 141st Street                    
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection Elston Development I LLC No Warren H. Baker and Marc A. Kahan Refinance 70,000,000 498,958 0 0 70,498,958 69,703,317
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue Preylock Mountain View, LLC No Brett Michael Lipman and Farshid Steve Shokouhi Acquisition 137,900,000 58,663,716 0 0 196,563,716 0
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex Site 2 DSA Residential LLC and Site 2 DSA Theater LLC No Taconic Development Capital LLC, L&M Development Partners Inc., Donald Capoccia, Brandon Baron and Joseph Ferrara Refinance 117,000,000 0 98,000,000 0 215,000,000 154,290,280
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments Woodland Trace Atlanta Apartments LP No Alon Ossip, Ossip (2011) Trust and OSGA LP Refinance 23,335,000 0 0 0 23,335,000 13,794,557
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle 610 Main Street North Leasehold LLC, 610 Main Street South Leasehold LLC, 700 Main Street Leasehold LLC and 610-700 Main Garage Leasehold LLC No NAP Acquisition            
16.01 Property       610 Main Street North                    
16.02 Property       1 Portland Street                    
16.03 Property       700 Main Street                    
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North Sunset North Owner, LLC No Kennedy-Wilson Holdings, Inc. Acquisition            
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza Cincinnati Netherland Hotel LLC No Greg A. Power Refinance            
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre AG 8 West Centre, LLC No Azrieli Group Ltd. Refinance            
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake Grande Associates Owner, LLC No Eric Harvitt and Michael Gottlieb Acquisition            
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue Elidex Realty Owner LLC No Clement Saad and Leon Saad Refinance            
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace JAHCO Vineyard LLC No John A. Henry & Co., LTD. Refinance            
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio 85 Fairview DE LLC, 325 Wadsworth DE LLC and 649 West DE LLC No Chaim Simkowitz Refinance            
23.01 Property       79-85 Fairview Avenue                    
23.02 Property       649 West 184th Street                    
23.03 Property       325 Wadsworth Avenue                    
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo 6519 Arena Blvd., LLC No Hans Lindberg Refinance            
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza Mountain Vista 18, LP No Rajan Rakeheja, Natasha Walia and Hekmat Alphin Acquisition            
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza Delaware Hale Road Plaza LLC No Jacob Wintner Refinance            
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street Hightop Spruce LLC No Ricky Liss and Howard Siegal Refinance            
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa PRG Sands 2, LLC No Britton Shuford, David Dittmer and Clifford Lord, Jr. Recapitalization            
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III JDTC Westgate LLC, MRG Greentree LLC, and Greentree Westgate LLC No Joel Scheider and David Kaufman Acquisition            
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street Paramount Buildings (DE) LLC No Benjamin Shaoul, Hank Freid and Brandon Freid Refinance            
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah CSGBSH SavannahGA I, LLC No George Thacker, Lawrence Charles Kaplan and Richard Schontz Acquisition            
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ Conwa Holdings LLC No Conthur Holdings II, LLC Acquisition            

 

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Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Purchase Price ($) Closing Costs ($) Reserves ($) Principal Equity Distribution ($) Other Uses ($) Total Uses ($) Lockbox Cash Management Cash Management Triggers Ground Lease Y/N
1 Loan 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn 0 2,810,295 221,529 47,562,134 0 75,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Lease Sweep Period No
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park 270,000,000 13,303,886 588,495 0 0 283,892,381 Hard Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.75x No
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers 0 2,834,724 100,769,680 272,946,032 0 1,200,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 5.0% No
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products 230,750,000 2,400,937 0 0 0 233,150,937 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
4.01 Property       Londonderry / Manufacturing                   No
4.02 Property       Dartmouth / Manufacturing                   No
4.03 Property       Waltham Corporate                   No
4.04 Property       Woburn                   No
4.05 Property       Nashua                   No
4.06 Property       Woburn CPD                   No
4.07 Property       (West) Bridgewater                   No
4.08 Property       Manchester, NH                   No
4.09 Property       Norwalk 256                   No
4.10 Property       New London                   No
4.11 Property       East Haven                   No
4.12 Property       Lincoln                   No
4.13 Property       Bethlehem                   No
4.14 Property       Salem                   No
4.15 Property       Norwalk 260                   No
4.16 Property       Berlin                   No
4.17 Property       Dartmouth                   No
4.18 Property       Manchester, CT                   No
4.19 Property       Portland                   No
4.20 Property       Braintree                   No
4.21 Property       Warwick                   No
4.22 Property       Fitchburg                   No
4.23 Property       Auburn                   No
4.24 Property       Berlin CPD                   No
4.25 Property       Portsmouth                   No
4.26 Property       Southampton                   No
4.27 Property       Wilkes-Barre                   No
4.28 Property       Hyannis                   No
4.29 Property       Springfield                   No
4.30 Property       White River Junction                   No
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use 134,500,000 1,766,384 2,592,797 0 0 138,859,181 Hard In Place (i) the occurrence of an Event of Default, (ii) Underwritten Net Cash Flow falling below $8,000,000, (iii) the occurrence of a Specified Tenant Trigger Period No
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square 0 1,058,367 759,061 0 0 57,840,000 Hard In Place (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20 provided if a Forever 21 Cure Event has not occurred by July 28, 2020, DSCR is less than 1.25 until the occurrence of a Forever 21 Cure Event, (iii) the occurrence of a Specified Tenant Trigger Period, (iv) if Nike’s T12 sales are less than $475 PSF beginning April 21, 2021 No
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park 0 2,116,490 893,760 0 0 115,010,250 Springing Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.10x No
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio 3,675,350 2,021,670 26,553 776,332 0 39,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Mezzanine Trigger Period, (iv) the occurrence of a Lease Sweep Period No
8.01 Property       199 Avenue B Northwest                   No
8.02 Property       200 Avenue B Northwest                   No
8.03 Property       331 West Central Avenue                   No
8.04 Property       300 3rd Street Southwest                   No
8.05 Property       250 3rd Street Northwest                   No
8.06 Property       203 Avenue A Northwest                   No
8.07 Property       337 West Central Avenue                   No
8.08 Property       401 3rd Street Southwest                   No
8.09 Property       242 West Central Avenue                   No
8.10 Property       56 - 58 4th Street Northwest                   No
8.11 Property       245 West Central Avenue                   No
8.12 Property       273 West Central Avenue / 46 3rd Street                   No
8.13 Property       249 3rd Street Southwest                   No
8.14 Property       254 West Central Avenue                   No
8.15 Property       226 West Central Avenue                   No
8.16 Property       225 Avenue D Northwest                   No
8.17 Property       305 Avenue E Southwest                   No
8.18 Property       230 West Central Avenue                   No
8.19 Property       220 West Central Avenue                   No
8.20 Property       239 3rd Street Southwest                   No
8.21 Property       243 3rd Street Southwest                   No
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower 0 1,453,877 0 188,546,123 0 190,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x No
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West 0 1,062,245 13,797,600 0 0 142,257,132 Hard Springing (i) the occurrence of an Event of Default, ii) Bankruptcy Action of Borrower, Guarantor or Manager, iii) Debt Yield is less than 8.0%, iv) Guarantor failing to provide Lender with the financial statements No
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio 0 430,180 320,683 1,196,825 0 30,700,000 Springing Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.0% No
11.01 Property       137 West 141st Street                   No
11.02 Property       117 West 141st Street                   No
11.03 Property       127 West 141st Street                   No
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection 0 716,692 78,950 0 0 70,498,958 Springing 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
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue 190,000,000 7,396,434 12,160,652 0 (12,993,370) 196,563,716 Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of an Major Tenant Trigger Event No
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex 0 2,880,941 316,314 57,512,465 0 215,000,000 Hard Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of an Mezzanine Loan Event of Default No
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments 0 616,100 799,434 8,124,909 0 23,335,000 Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x No
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle             Hard Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.25x, (iv) the occurrence of a Tenant Trigger Yes
16.01 Property       610 Main Street North                   Yes
16.02 Property       1 Portland Street                   Yes
16.03 Property       700 Main Street                   Yes
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North             Hard Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.50x, (iv) Tenant Trigger Event No
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza             Hard In Place (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.35x No
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre             Hard In Place (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.30x, (iv) the occurrence of a Tenant Bankruptcy Trigger Event, (v) the occurrence of a Tenant Go-Dark Event, (vi) the occurrence of a Tenant Non-Renewal Trigger Event No
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake             None None NAP No
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue             Springing Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.5% No
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace             Hard In Place (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.25x, (iv) the occurrence of a Tenant Trigger Event No
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio             Springing Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.0% No
23.01 Property       79-85 Fairview Avenue                   No
23.02 Property       649 West 184th Street                   No
23.03 Property       325 Wadsworth Avenue                   No
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo             Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurrence of a Mezzanine Trigger Period No
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza             Hard Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.18x, (iii) the occurrence of a Specified Tenant Trigger Period No
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza             Hard Springing (i) the occurrence on an Event of Default, (ii) DSCR is less than 1.45x, (iii) the occurrence of a Mezzanine Trigger Period, (iv) the occurrence of a Lease Sweep Period No
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street             Springing Springing (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.5%, (iii) the occurrence of a Specified Tenant Trigger Period No
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa             Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Mezzanine Trigger Period No
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III             Springing Springing (1) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Mezzanine Event of Default No
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street             Springing Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Affiliate Manager, (iii) Bankruptcy action of non-Affiliate Manager that is not dismissed within 30 days of such occurrence, (iv) DSCR is less than 1.25x No
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah             Springing Springing (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x No
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ             Hard Springing (i) the occurrence of an Event of Default, (ii) Bankruptcy Action of Borrower or Manager, (iii) DSCR is less than 1.25x, (iv) the occurrence of a Wawa Trigger Event No

 

Page 14 of 15 

 

 

Benchmark 2019-B15 Annex A                          
                               
Control Number Loan / Property Flag Footnotes Mortgage Loan Seller Originator  Property Name Ground Lease Expiration Date Annual Ground Lease Payment ($) Franchise Agreement Expiration Cut-off Date Pari Passu Companion Loan Balance ($) 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 9, 10, 11, 12 GACC Deutsche Bank AG, New York Branch 899 West Evelyn                 Yes 1
2 Loan 8, 13, 14, 15, 16, 17 JPMCB JPMorgan Chase Bank, National Association Innovation Park       115,000,000.00         Yes 2
3 Loan 8, 18, 19, 20, 21, 22, 23, 24, 25 GACC Deutsche Bank AG, New York Branch, Wells Fargo Bank, N.A., Morgan Stanley Bank N.A. Century Plaza Towers       837,500,000.00 300,000,000.00 3.00450%     Yes 3
4 Loan 8, 26, 27, 28 CREFI Citi Real Estate Funding Inc. Harvey Building Products       110,000,000.00         Yes 4
4.01 Property       Londonderry / Manufacturing                 Yes 4.01
4.02 Property       Dartmouth / Manufacturing                 Yes 4.02
4.03 Property       Waltham Corporate                 Yes 4.03
4.04 Property       Woburn                 Yes 4.04
4.05 Property       Nashua                 Yes 4.05
4.06 Property       Woburn CPD                 Yes 4.06
4.07 Property       (West) Bridgewater                 Yes 4.07
4.08 Property       Manchester, NH                 Yes 4.08
4.09 Property       Norwalk 256                 Yes 4.09
4.10 Property       New London                 Yes 4.10
4.11 Property       East Haven                 Yes 4.11
4.12 Property       Lincoln                 Yes 4.12
4.13 Property       Bethlehem                 Yes 4.13
4.14 Property       Salem                 Yes 4.14
4.15 Property       Norwalk 260                 Yes 4.15
4.16 Property       Berlin                 Yes 4.16
4.17 Property       Dartmouth                 Yes 4.17
4.18 Property       Manchester, CT                 Yes 4.18
4.19 Property       Portland                 Yes 4.19
4.20 Property       Braintree                 Yes 4.20
4.21 Property       Warwick                 Yes 4.21
4.22 Property       Fitchburg                 Yes 4.22
4.23 Property       Auburn                 Yes 4.23
4.24 Property       Berlin CPD                 Yes 4.24
4.25 Property       Portsmouth                 Yes 4.25
4.26 Property       Southampton                 Yes 4.26
4.27 Property       Wilkes-Barre                 Yes 4.27
4.28 Property       Hyannis                 Yes 4.28
4.29 Property       Springfield                 Yes 4.29
4.30 Property       White River Junction                 Yes 4.30
5 Loan 8, 29, 30 CREFI Citi Real Estate Funding Inc. Austin Landing Mixed-Use       38,750,000.00 26,000,000.00 11.25000%     Yes 5
6 Loan 31, 32, 33 CREFI Citi Real Estate Funding Inc. Kildeer Village Square             9,000,000 10.50000% Yes 6
7 Loan 8, 34, 35, 36, 37, 38, 39 JPMCB JPMorgan Chase Bank, National Association City Hyde Park       65,000,000.00         Yes 7
8 Loan 40, 41, 42, 43, 44, 45, 46, 47, 48, 49 GACC DBR Investments Co. Limited Downtown Winter Haven Portfolio                 Yes 8
8.01 Property       199 Avenue B Northwest                 Yes 8.01
8.02 Property       200 Avenue B Northwest                 Yes 8.02
8.03 Property       331 West Central Avenue                 Yes 8.03
8.04 Property       300 3rd Street Southwest                 Yes 8.04
8.05 Property       250 3rd Street Northwest                 Yes 8.05
8.06 Property       203 Avenue A Northwest                 Yes 8.06
8.07 Property       337 West Central Avenue                 Yes 8.07
8.08 Property       401 3rd Street Southwest                 Yes 8.08
8.09 Property       242 West Central Avenue                 Yes 8.09
8.10 Property       56 - 58 4th Street Northwest                 Yes 8.10
8.11 Property       245 West Central Avenue                 Yes 8.11
8.12 Property       273 West Central Avenue / 46 3rd Street                 Yes 8.12
8.13 Property       249 3rd Street Southwest                 Yes 8.13
8.14 Property       254 West Central Avenue                 Yes 8.14
8.15 Property       226 West Central Avenue                 Yes 8.15
8.16 Property       225 Avenue D Northwest                 Yes 8.16
8.17 Property       305 Avenue E Southwest                 Yes 8.17
8.18 Property       230 West Central Avenue                 Yes 8.18
8.19 Property       220 West Central Avenue                 Yes 8.19
8.20 Property       239 3rd Street Southwest                 Yes 8.20
8.21 Property       243 3rd Street Southwest                 Yes 8.21
9 Loan 8, 50, 51, 52, 53 JPMCB JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. Tysons Tower       155,000,000.00         Yes 9
10 Loan 8, 54, 55 CREFI Citi Real Estate Funding Inc. Legends at Village West       84,874,444.07         Yes 10
11 Loan 56 CREFI Citi Real Estate Funding Inc. Central Harlem Multifamily Portfolio                 Yes 11
11.01 Property       137 West 141st Street                 Yes 11.01
11.02 Property       117 West 141st Street                 Yes 11.02
11.03 Property       127 West 141st Street                 Yes 11.03
12 Loan 8, 57, 58 CREFI Citi Real Estate Funding Inc. Elston Retail Collection       39,918,184.91         Yes 12
13 Loan 8, 59, 60, 61, 62 JPMCB  JPMorgan Chase Bank, National Association, Wells Fargo Bank, N.A. 600 & 620 National Avenue       108,950,000.00         Yes 13
14 Loan 8, 63, 64, 65, 66, 67, 68, 69, 70 JPMCB JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA The Essex       92,000,000.00 58,000,000.00 5.25000% 40,000,000 6.62500% Yes 14
15 Loan   CREFI Citi Real Estate Funding Inc. Woodland Trace Apartments                 Yes 15
16 Loan 8, 71, 72, 73, 74, 75, 76 JPMCB JPMorgan Chase Bank, National Association Osborn Triangle       410,000,000.00 145,000,000.00 3.79700%     Yes 16
16.01 Property       610 Main Street North                 Yes 16.01
16.02 Property       1 Portland Street                 Yes 16.02
16.03 Property       700 Main Street                 Yes 16.03
17 Loan 8, 77, 78, 79, 80, 81 JPMCB JPMorgan Chase Bank, National Association Sunset North       130,000,000.00         Yes 17
18 Loan 8, 82, 83, 84, 85, 86 JPMCB JPMorgan Chase Bank, National Association Hilton Cincinnati Netherland Plaza     11/30/2029 52,440,895.31         Yes 18
19 Loan 8, 87, 88, 89, 90 JPMCB JPMorgan Chase Bank, National Association 8 West Centre       25,961,784.95         Yes 19
20 Loan 91, 92, 93 JPMCB JPMorgan Chase Bank, National Association The Club at Crystal Lake                 Yes 20
21 Loan 94, 95, 96 CREFI Citi Real Estate Funding Inc. 2817-2825 3rd Avenue                 Yes 21
22 Loan   JPMCB JPMorgan Chase Bank, National Association Vineyard Marketplace                 Yes 22
23 Loan   CREFI Citi Real Estate Funding Inc. Washington Heights Multifamily Portfolio                 Yes 23
23.01 Property       79-85 Fairview Avenue                 Yes 23.01
23.02 Property       649 West 184th Street                 Yes 23.02
23.03 Property       325 Wadsworth Avenue                 Yes 23.03
24 Loan   GACC DBR Investments Co. Limited TownPlace Suites Laredo     2/28/2035           Yes 24
25 Loan 97 CREFI Citi Real Estate Funding Inc. Mountain Vista Plaza                 Yes 25
26 Loan   GACC DBR Investments Co. Limited Hale Road Plaza                 Yes 26
27 Loan 98, 99, 100, 101 CREFI Citi Real Estate Funding Inc. 4536 Spruce Street                 Yes 27
28 Loan 102, 103 GACC Deutsche Bank AG, New York Branch Sands Hotel & Spa                 Yes 28
29 Loan 104, 105 GACC DBR Investments Co. Limited GreenTree Centre I, II & III                 Yes 29
30 Loan 106 JPMCB JPMorgan Chase Bank, National Association 435 West 54th Street                 Yes 30
31 Loan   CREFI Citi Real Estate Funding Inc. A Storage Place Savannah                 Yes 31
32 Loan 107 JPMCB JPMorgan Chase Bank, National Association Wawa- NJ                 Yes 32

 

Page 15 of 15 

 

 

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 (x) 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. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease.
   
(7) 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) The Cut-off Date Balance ($) reflects only the Mortgage Loan included in the Issuing Entity (which may be evidenced by one or more promissory notes); however, such Mortgage Loan is part of a Loan Combination comprised of such Mortgage Loan and one or more Pari Passu Companion Loan(s) and/or Subordinate Companion Loan(s) that are held outside the Issuing Entity, each of which is evidenced by one or more separate promissory notes.  With respect to each such Mortgage Loan that is part of a Loan Combination, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations include any related Pari Passu Companion Loan(s) but exclude any related Subordinate Companion Loan.  See “Description of the Mortgage Pool—The Loan Combinations” in the Preliminary Prospectus for more information regarding the Loan Combination(s).
   
(9) Confluent, the Largest Tenant, has a one-time option to terminate the lease effective on the last day of the 85th month (October 31, 2026) after the commencement date. The tenant must deliver an irrevocable written notice of tenant’s exercise of such option on or before January 1, 2025 together with a termination fee in the amount of $2,000,000. Tenant does not have any extension options.
   
(10) The increase from Most Recent NOI (if past 2018) ($) to Underwritten NOI ($) is primarily attributable to the newly executed Confluent lease at an increased rent consistent with the appraisal’s market rent conclusions. The previous lease was below market.
   
(11) Confluent, the largest tenant, has posted an $8,151,300 letter of credit with the borrower as security for their lease. Confluent is permitted to reduce the amount of the security deposit on the first day of the 4th, 6th, 8th and 10th lease years, to $6,500,000, $5,700,000, $4,900,000 and $4,075,000, respectively.
   
(12) The LTV is based on the “As Stabilized” value of $136,500,000, which is $3,000,000 higher than the appraised “As Is” value, which subtracted lease-up costs that were not paid as of the date of value but were paid prior to origination.
   
(13) The Appraised Value ($), Cut-off Date LTV Ratio (%), and LTV Ratio at Maturity (%) reflect the “Hypothetical As Is” appraised value of $264,900,000 as of August 22, 2019, which assumes that approximately $2.2 million of outstanding tenant improvement and leasing costs were reserved at loan origination. At loan origination, all outstanding tenant improvement and leasing costs were reserved accordingly. Based on the “As Is” appraised value of $262,900,000 as of August 22, 2019, the Cut-off Date LTV Ratio (%), and LTV Ratio at Maturity (%) are both equal to 69.3%.
   
(14) The late payment for 5% excludes the balloon payment of principal due on the Maturity Date.
   
(15) The borrower is required to make monthly deposits into the Ongoing TI/LC Reserve ($) in the amount of (a) through November 1, 2022, $115,921, and (b) thereafter, $193,201; provided, however, the requirement to make the Ongoing deposits into the Ongoing TI/LC Reserve ($) is waived on each Payment Due Date prior to October 1, 2022, if the amount on deposit is equal to or greater than $1,400,000. The aggregate amount of the applicable amount of funds on deposit may not exceed a cap of $5,000,000 on any payment date.

 

 

 

 

(16) The Largest Tenant, AXA Equitable, has the right to terminate its lease with respect to 144,647 square feet (out of total 291,528 square feet) on December 31, 2024, with 12 months’ prior written notice and the payment of a termination fee equal to the unamortized amounts of brokerage commissions, rent abatements and landlord work costs related to such space. The Second Largest Tenant, Allstate Insurance Company, has the right to terminate its lease on November 30, 2022, with nine months’ prior written notice and the payment of a termination fee equal to the unamortized amounts of brokerage commissions, rent abatements and landlord work costs related to such space. The Third Largest Tenant, Classic Graphics, has the right to terminate its lease with respect to 58,969 square feet (out of total 238,744 square feet) on December 31, 2020, with nine months’ prior written notice and the payment of a termination fee equal to the unamortized amounts of brokerage commissions, landlord work costs related to tenant spaces and the cost of dividing the existing space from any additional space leased to Classic Graphics. The Fourth Largest Tenant, Alight Solutions LLC, has the right to terminate its lease on November 20, 2022, with 12 months’ prior notice and the payment of a termination fee equal to three months base rent and unamortized brokerage commissions, rent abatements and landlord work costs related to such space.
   
(17) The borrower at its election may maintain a policy of environmental insurance. In such event, the lender agrees that, with respect to all matters covered by such policy, such policy will be the lender’s primary source of recovery for any liability relating to hazardous materials at the Mortgaged Property and the environmental indemnity provided in connection with the mortgage loan will be the lender’s secondary source of recovery. Please see “Description of the Mortgage Pool—Non-Recourse Carveout Limitations” in the Preliminary Prospectus for additional information.
   
(18) The increase from Most Recent NOI (if past 2018) ($) to Underwritten NOI ($) is primarily attributable to (i) $2,354,778 in straight line rent taken through the earlier of the loan term or the lease term for thirteen tenants, (ii) $3,269,254 of rent steps taken through October 2020 and (iii) new leasing that has been executed since September 2019, accounting for 20.6% of net rentable area and 24.6% of UW Gross Potential Revenue.
   
(19) Defeasance of the full $1.2 billion Century Plaza Towers Loan Combination is permitted after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last senior pari passu note to be securitized and (ii) October 21, 2022. Prepayment in whole, but not in part, of the Century Plaza Towers Loan Combination is permitted at any time, prior to July 9, 2029 with the payment of the greater of 1% of the principal balance or yield maintenance.
   
(20) Partial release of certain development rights in connection with a partial prepayment or partial defeasance or substitution or a free release is permitted. See “Description of the Mortgage Pool – Certain Terms of the Mortgage Loans – Partial Releases” in this Preliminary Prospectus for the terms of the releases.
   
(21) The Largest Tenant, Bank of America has various lease expiration dates: (i) 106,890 SF with a lease expiration date of September 30, 2029, (ii) 17,833 SF with a lease expiration date of September 30, 2024 and (iii) 24,785 SF related to the Merrill Lynch space, with a lease expiration date of June 30, 2022.
   
(22) The Largest Tenant, Bank of America, representing approximately 6.2% of the net rentable area at the Mortgaged Property, has the right to terminate its lease as of September 30, 2026 upon written notice on or before September 30, 2025 and the payment of a termination fee in the amount of $1,908,666. The Fourth Largest Tenant Kirkland & Ellis, representing approximately 3.6% of the net rentable area at the Mortgaged Property, has the one-time right to terminate its lease as of January 1, 2032 upon written notice on or before January 1, 2031 and payment of a termination fee equal to the sum of (a) an amount equal to the base rent that would have been payable with respect to the terminated premises during the four (4) month period after the termination date had tenant not terminated this lease and (b) the unamortized amount, as of the termination date, calculated with interest in an amount equal to 8% per annum. The Fifth Largest Tenant, Greenberg Glusker, has the one-time right to terminate its lease as of March 1, 2032 upon written notice on or before March 1, 2031 and the payment of a termination fee.
   
(23) The Second Largest Tenant, Manatt Phelps, representing approximately 4.8% of the net rentable area at the Mortgaged Property, has the right to contract its lease by terminating the lease on the 4th floor of the space on the last day of the 5th or 10th year of the lease term.
   
(24) The Largest Tenant, Bank of America, representing approximately 6.2% of the net rentable area at the Mortgaged Property, has signed a lease for an additional 26,664 SF on the 13th floor of the South Tower and is expected to begin paying rent and take occupancy in January 2020. The Second Largest Tenant, Manatt Phelps, representing approximately 4.8% of the net rentable area at the Mortgaged Property, has signed a lease for five suites in the South Tower on the 4th, 14th, 15th, 16th and 17th floors totaling 116,366 SF and is expected to begin paying rent and take occupancy in stages starting in March 2020, with full occupancy of the space expected by May 2020. The Fourth Largest Tenant, Kirkland & Ellis, representing approximately 3.6% of net rentable area at the Mortgaged Property, has not yet taken occupancy and is expected to occupy three suites in the South Tower on the 37th, 38th, and 39th floors totaling 85,664 SF starting in January 2020. The Fifth largest tenant, Greenberg Glusker, representing approximately 3.5% of the net rentable area at the Mortgaged Property has signed a lease for three suites in the South Tower on the 26th, 27th and 31st floors totaling 83,199 SF and is expected to begin paying rent and take occupancy in March 2020. We cannot assure you whether these tenants will take occupancy and begin paying rent as expected or at all.
   
(25) The lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor.
   
(26) The Harvey Building Products Loan defeasance lockout period is required to be at least 25 payments beginning with and including the first payment date of December 6, 2019. Defeasance of the full $160.0 million Harvey Building Products Loan Combination is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) October 21, 2022 (collectively, the “Release Date”). The borrower is also permitted to prepay the Harvey Building Products Loan Combination in whole or in part at any time prior to the Release Date with the payment of the greater of (i) a yield maintenance premium and (ii) 4% of the amount prepaid. Additionally, the borrower is permitted to prepay the Harvey Building Products Loan Combination in whole or in part at any time on or after the Release Date with the payment of the greater of (i) a yield maintenance premium and (ii) 1% of the amount prepaid. Voluntary prepayment of the Harvey Building Products Loan is permitted on or after the due date occurring in June 2029 without payment of any prepayment premium or penalty
   
(27) Pursuant to the lease between the borrower, as landlord, and Harvey Building Products, as tenant, the tenant is required to deliver a letter of credit to the borrower in the amount of $2,500,000 to secure the repayment of the work associated with certain repairs
   
(28) Due to the nature of the triple-net lease at the properties of the Harvey Building Products Loan Combination, there is missing historical information.
   
(29) The  Largest Retail Tenant at the Mortgaged Property, Kroger, is on a ground lease with a lease expiration on December 31, 2032, and has 12 five-year renewal options. The Second Largest Retail Tenant at the Mortgaged Property, Kohl’s, is on a ground lease with a lease expiration on January  31, 2032, and has 10 five-year renewal options.
   
(30) The Austin Landing Mixed-Use lockout period will be at least 24 payment dates beginning with and including the first payment date of January 6, 2020. Defeasance is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) November 13, 2022. The assumed lockout period of 24 payments is based on the expected Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer

 

 

 

 

(31) The Kildeer Village Square Mortgaged Property was constructed in 2017 and was in lease-up during 2018, therefore there is missing historical information.
   
(32) The Occupancy % is calculated  marking Forever 21 as vacant. However, if you count Forever 21 as in-place and paying rent the occupancy % is 95.8%
   
(33) The DSCR Based on Underwritten NCF and the Debt Yield Based on Underwritten NOI including rental income attributable to Forever 21 is 2.01x and 8.5%, respectively.
   
(34) Units do not reflect the 110,062 square feet of space leased to retail tenants.
   
(35) The lockout period will be at least 26 payment dates beginning with and including the first payment date of November 1, 2019. Defeasance of the full $112.0 million City Hyde Park Loan Combination is permitted after the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 26 payments is based on the expected Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer.   
   
(36) The Mortgaged Property is newly constructed, and some historical financials may not be available.
   
(37) The increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to recent leasing and contractual rent steps at the Mortgaged Property.
   
(38) The Mortgaged Property is subject to a tax increment financing (“TIF”) grant approved by the City of Chicago Community Development Commission (the “Commission”). The TIF allows the owner of the Mortgaged Property to receive reimbursement of all TIF eligible costs, which include land acquisition costs, on- and off-site infrastructure costs and other qualified improvements of 100% of the annual real property tax revenues, resulting in income from the Commission to the borrower. The TIF program runs through 2036, with income from the program ceasing in 2033. In connection with the TIF, the City of Chicago executed two promissory notes in favor of the borrower, which has in turn assigned its rights in the notes and the other documents securing or evidencing the notes to the lender. Pursuant to the TIF arrangement, 20% of the multifamily units are required to be rented as affordable housing units, which restrictions will expire upon the earlier of (i) the 30th anniversary of the date on which the last eligible unit is first leased to a low income household, which date was December 1, 2016, and (ii) foreclosure by a first construction or permanent lender. Please see “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” for additional information.
   
(39) The mortgage loan documents require a springing hard lockbox for retail tenants and a springing soft lockbox for residential tenants with springing cash management during the period during which any of the following occurs: (i) an event of default, (ii) any bankruptcy action of the borrower or property manager, or (iii) the date that the debt service coverage ratio (as calculated in the loan documents based on the debt service for the amortization period and tested quarterly) based on the trailing three-month period immediately preceding the date of determination falls below (a) 1.10x during the interest only period or (b) 1.05x during the amortization period of the loan term.
   
(40) The increase from Most Recent NOI (if past 2018) ($) to Underwritten NOI ($) is primarily attributable to the acquisition of the 199 Avenue B Mortgaged Property in addition to lease up throughout the portfolio accounting for 15.7% of NRA and 14.5% of base rent since the end of June 2019.
   
(41) The lender is insured under an environmental insurance policy obtained in lieu of performing additional investigation in connection with certain recognized environmental conditions that were identified at several of the Downtown Winter Haven Portfolio Mortgaged Property. The environmental insurance policy was issued by Great American E & S Insurance Company with a $1,000,000 policy limit with a $25,000 deductible. The environmental policy has a 13-years term, extending three years beyond the loan term. See “Description of the Mortgage Pool—Mortgage Pool Characteristics Environmental Considerations” in this Preliminary Prospectus.
   
(42) 199 Avenue B Northwest has an “As Is” value of $19,850,000 and an “As Stabilized” value of $25,640,000 due to two additional office condominiums at the applicable Mortgaged Property purchased at the closing of the Mortgage Loan in a sale leaseback transaction by Borrower. The “As Stabilized” value of $25,640,000 is used in the total  Appraised Value ($) of $55,530,000.
   
(43) All Properties within the Portfolio are assumed to be stabilized by September 1, 2020.
   
(44) Upon loan origination, the sponsor has purchased two condominium units owned by Frontier in the 199 Avenue B Northwest property. Units 3-1 and 4-1, which consist of approximately 39,603 SF at the property, were acquired for a purchase price of $3,675,350 ($93/SF). In addition, 8,238 SF in Unit 3-1 and 22,090 SF in Unit 4-1 were leased back to Frontier for $7.50/SF on a 20-year lease term that has 2.0% annual increases, leaving approximately 9,275 SF available to lease to third-parties.
   
(45) 225 Avenue D Northwest (5,608 SF, 1.5% NRA) is currently vacant and per the appraiser, is being marketed at $12.50/SF (net) with no noted tenant allowance.

 

 

 

 

(46) 220 West Central (3,264 SF, 0.8% NRA) is currently vacant and according to the appraiser, is being marketed at $17.50/SF (net) with no noted tenant allowance
   
(47) There is one residential unit at the 254 West Central Avenue Mortgaged Property. Landlord and Tenant each have the ability to terminate the Lease upon 30 days’ advance written notice to the other, which notice shall specify the date of termination.
   
(48) During the initial term or any renewal term, the Largest Tenant, Early Learning Coalition, at the 203 Avenue A Northwest Property,  in the event that the tenant’s annual operational funding from governmental sources is reduced by 25% or more (with respect to then current fiscal year compared to previous fiscal year), tenant shall have the option of terminating its lease upon providing not less than 270 days advance written notice of termination. Such notice shall include proof of such funding loss and shall specify the date of termination
   
(49) DSM Technology Consultants has the right to terminate its lease upon 180 days’ advance written notice in the event that the Department of Management Services of the State of Florida previously terminates a material portion of those services to be delivered by the tenant from and related to the tenant space pursuant to a specified contract with the State
   
(50) The lockout period will be at least 26 payment dates beginning with and including the First Due Date of November 11, 2019. The borrower is permitted to prepay the full $190.0 million Tysons Tower Loan Combination with the payment of yield maintenance premium after the date that is the earlier to occur of (i) November 11, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 26 payments is based on the expected Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer.
   
(51) The Fourth Largest Tenant, Morgan Franklin, has a one-time right to terminate its lease effective February 28, 2024, with 12 months’ prior notice, subject to a termination fee equal to the then-unamortized amount of tenant improvements and leasing commissions, as of the effective date of termination. The Fifth Largest Tenant, Reed Smith LLP, has a one-time right to terminate its lease effective August 1, 2027, with 15 months’ prior notice, subject to a termination fee equal to (A) three months of base rent plus (B) the then-unamortized amount of tenant improvements and leasing commissions, as of the effective date of termination.
   
(52) There is not a separate Carve-out Guarantor, and the borrowers are the only indemnitors under the related environmental indemnity agreement.
   
(53) The Mortgage Loan documents permit the pledge by The Macerich Company, Macerich Partnership, L.P., Alaska Permanent Fund Corporation and/or their affiliates of their indirect ownership interest in the related borrower to a qualified real estate investor (with total assets in name or under management in excess of $1 billion and, except with respect to pension advisory firm or similar fiduciary, capital/ statutory surplus, shareholder equity or net worth in excess of $250 million) (a “QREI”) as part of a credit facility upon certain conditions. Please see “Description of the Mortgage Pool–Additional Indebtedness” in the Preliminary Prospectus for additional information.
   
(54) The Mortgaged Property’s Appraised Value ($) represents the “as stabilized” appraised value as of September 1, 2021, which assumes that the Mortgaged Property will have stabilized occupancy. At origination, the lender reserved $10,000,000 in the Upfront TI/LC Reserve ($).
   
(55) The lockout period will be at least 25 payment dates beginning with and including the First Due Date of December 6, 2019. The assumed lockout period of 25 payments is based on the expected Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer.
   
(56) The increase from Most Recent NOI (if past 2018) ($) to Underwritten Net Operating Income ($) is primarily attributable to the property having annualized financials.
   
(57) The  Second Largest Tenant at the Elston Retail Collection Mortgaged Property, Best Buy, is on a ground lease with a lease expiration on January  31, 2026, and has 5 five-year renewal options.
   
(58) The  Third Largest Tenant at the Elston Retail Collection Mortgaged Property, BMO Harris Bank, is on a ground lease with a lease expiration on August  31, 2025, and has 1 nine-year renewal options.
   
(59) The sole tenant, Google, has executed its lease and commenced paying rent but has not taken occupancy.
   
(60) The Appraised Value ($), Cut-off Date LTV Ratio (%), and LTV Ratio at Maturity (%) reflect the “As Stabilized” appraised value of $197,000,000 as of August 19, 2019, which assumes that the sole tenant at the Mortgaged Property, Google, has taken possession of its space and commenced paying fully unabated rent and all outstanding tenant improvements and leasing commissions have been reserved. At loan origination, all outstanding tenant improvements and leasing commissions were reserved accordingly. Based on the “As-Is” appraised value of $185,000,000 as of August 19, 2019, the Cut-off Date LTV Ratio (%), and LTV Ratio at Maturity (%) are both equal to 74.5%.

 

 

 

 

(61) The lockout period will be at least 27 payment dates beginning with and including the first payment date of October 11, 2019. Defeasance of the full $137.9 million 600 & 620 National Avenue Loan Combination is permitted after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) October 11, 2022. For the purposes of this prospectus, the assumed lockout period of 27 months is based on the Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer.
   
(62) The Mortgaged Property is undergoing a tenant build-out, and some historical financials may not be available.
   
(63) The Essex Loan Combination was co-originated by JPMorgan Chase Bank, National Association and Goldman Sachs Bank USA.
   
(64) Units reflect only the multifamily portion of the Mortgaged Property, exclusive of the retail component occupied by Regal Cinemas.
   
(65) The Mortgaged Property has received a tax exemption pursuant to Section 421-a of the New York Real Property Tax Law by which the Mortgaged Property is currently exempt from the payment of approximately 93.45% of the real estate taxes with respect to the residential units and 84.42% of real property taxes with respect to the theater unit, resulting in a total estimated real estate tax abatement of approximately $28 million. The exemption expires in 2054. The mortgage loan was underwritten based on the abated taxes. Please see “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” in the Preliminary Prospectus for additional information.
   
(66) One of the related borrowers has a beneficial interest, rather than a fee simple interest, in two of the condominium units that constitute part of the collateral for the mortgage loan. Please see “Description of the Mortgage Pool—Condominium Interests and Other Shared Interests” for additional information.
   
(67) The lockout period will be at least 25 payment dates beginning with and including the first payment date of December 1, 2019. Defeasance of the full $175 million The Essex Loan Combination is permitted after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) December 1, 2022. For the purposes of this prospectus, the assumed lockout period of 25 months is based on the Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer.
   
(68) In the event that the borrowers deliver to the lender an environmental insurance policy maintained by the borrowers, which is reasonably acceptable to the lender and names the lender (together with its successors and assigns) as an additional named insured thereunder, then the lender agrees that, prior to making any claims against the borrowers and guarantor for any losses, the lender will first make a claim for such losses under the environmental policy in accordance with the mortgage loan documents. Please see “Description of the Mortgage Pool—Non-Recourse Carveout Limitations” for additional information.
   
(69) In connection with a tax exemption from which the Mortgaged Property benefits under Section 421-a of the New York Real Property Tax Law, the borrowers executed two enforcement notes payable to the order of the City of New York, acting by and through the Department of Housing Preservation and Development, in the aggregate amount of $77,799,999, which are secured by two enforcement mortgages. No payments are due under the notes during the term of the mortgage loan and the enforcement mortgages are subordinate to the lien of the mortgage in favor of the lender. Please see “Description of the Mortgage Pool – Existing Additional Secured Debt” in the Preliminary Prospectus for additional information.
   
(70) The Mortgaged Property is newly constructed, and some historical financials may not be available.
   
(71) The Mortgaged Property is newly acquired, and some historical financials may not be available.
   
(72) The increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to investment grade rent steps and market rent adjustments at the Mortgaged Property.
   
(73) The entire Mortgaged Property is subject to a condominium regime, with each individual Mortgaged Property being owned by an affiliate of the Massachusetts Institute of Technology.  The fee owner of the units master leases each unit to the individual borrower, and the Mortgaged Property is secured by such leasehold interests. Pursuant to each master lease, the fee owner of the units has delegated the rights to exercise its rights and privileges in its capacity as the fee owner of the units under the condominium declaration to each borrower, and the individual borrowers control 100% of the condominium interests. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium Interests and Other Shared Interests” in the Preliminary Prospectus for additional information.
   
(74) The Largest Tenant at each of the 610 Main Street North and 1 Portland Street Mortgaged Properties, Pfizer, which represents 73.8% of the total net rentable area at the Osborn Triangle Mortgaged Properties, subleases a total of 163,644 square feet at the 610 Main Street North Mortgaged Property, representing 24.2% of the total net rentable area at the Osborn Triangle Mortgaged Properties, as follows: (i) CRISPR Therapeutics (9.7% of total net rentable area), expiring on January 31, 2027, (ii) Lab Central (4.9% of total net rentable area), expiring on December 14, 2027, (iii) Casebia Therapeutics (4.8% of total net rentable area), expiring on March 31, 2024, and (iv) KSQ Therapeutics (4.8% of total net rentable area), expiring on February 28, 2022. In addition, CRISPR Therapeutics subleases 5,184 square feet of its subleased space to Bayer’s Life Hub Boston, whose sub-sublease expires on March 31, 2024.
   
(75) There is not a separate Carve-out Guarantor, and the borrowers are the only indemnitors under the related environmental indemnity agreement. At origination of the Mortgage Loan, the borrowers obtained an environmental insurance policy issued by the Sirius International Insurance Corporation in the name of the borrowers, with the lender as additional named insured with its successors, assigns and/or affiliates, with per incident and aggregate limits of $5,000,000, a deductible of $25,000 per incident and a term expiring on May 16, 2032.

 

 

 

 

(76) The Annual Ground Lease Payment ($) under each ground lease was prepaid in full prior to the origination of the Osborn Triangle Loan Combination.
   
(77) The Third Largest Tenant, WeWork, has executed its lease, taken possession of its space and begun paying rent, but has not yet taken full occupancy. According to the borrower sponsor, WeWork is expected to have completed the buildout of certain portion of its space and begun taking occupancy of such space, with the remaining portion of its space still undergoing a buildout. We cannot assure you that WeWork will take full occupancy under its lease. In connection with its lease, WeWork provided a surety bond in the amount of $7.5 million (the “Surety Limit”) payable to the landlord and its successors upon an event of default by the tenant under the lease. Provided that WeWork is not in default under its lease, the Surety Limit may be annually reduced commencing on the day immediately following the third anniversary of the lease commencement date until the day immediately following the eighth anniversary of the lease commencement date to no less than $2.0 million.
   
(78) The lockout period will be at least 26 payment dates beginning with and including the first payment date of November 1, 2019. Defeasance of the full $150.0 million Sunset North Loan Combination is permitted after the date that is the earlier to occur of (i) November 1, 2023 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 26 payments is based on the expected Benchmark 2019-B15 securitization closing date in December 2019. The actual lockout period may be longer.
   
(79) The Mortgaged Property is recently acquired, and some historical financials may not be available.
   
(80) The increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to recent leasing at the Mortgaged Property.
   
(81) The Fourth Largest Tenant, Farmers, includes (i) 60,166 square feet leased to Farmers New World with the right to terminate its lease on or after June 30, 2026 with no less than 12 months’ prior written notice and payment of a termination fee equal to (A) all rent through and including October 2026 and (B) the unamortized cost of all free or abated rent, tenant improvement allowances, reasonable attorneys’ fees, and leasing commissions actually paid or provided by the borrower, and (ii) 1,161 square feet leased to Farmers Credit Union with the right to terminate its lease on or after August 31, 2026 with no less than 12 months’ prior written notice and the payment of a termination fee equal to (A) all rent through and including December 2026, and (B) the unamortized cost of all free or abated rent, tenant improvement allowances, reasonable attorneys’ fees, and leasing commissions actually paid or provided by the borrower.
   
(82) Approximately 35.6% of Underwritten EGI ($) is attributable to the food and beverage outlets at the Mortgaged Property and the remainder of the Underwritten EGI ($) is attributable to the hospitality component of the Mortgaged Property.
   
(83) The Appraised Value ($), Cut-off Date LTV Ratio (%), and LTV Ratio at Maturity (%) reflect the “Hypothetical As Is” appraised value of $105,500,000, which assumes that approximately $1.5 million of PIP work has been completed. At loan origination, the borrower reserved $1,687,534, representing approximately 110.0% of the estimated cost of the remaining PIP work. Based on the “As Is” appraised value of $104,000,000 as of August 22, 2019, the Cut-off Date LTV Ratio (%), and LTV Ratio at Maturity (%) are 69.6% and 64.6%, respectively.
   
(84) The Mortgaged Property is one of three condominium units that collectively constitute a condominium regime. The borrower does not control the condominium board of directors. However, the borrower sponsor is one of three members of the board of directors, and the other two directors are appointed by the remaining unit owners, each an affiliate of the borrower. Please see “Description of the Mortgage Pool—Statistical Characteristics of the Mortgage Loans—Condominium Interests and Other Shared Interests” for additional information.
   
(85) The borrower is required to make monthly deposits into the Ongoing Replacement Reserve ($), beginning on May 1, 2020, an amount equal to the greater of (i) 4% of the gross income from the operation of the Mortgaged Property for the preceding month and (ii) the amount of the deposit, if any, then required by the franchisor on account of FF&E under the franchise agreement.
   
(86) On each Payment Due Date, the borrower is required to deposit all excess cash flow into the Ongoing Other Reserve ($), subject to a monthly cap of $250,000, to create a seasonality reserve (the “Monthly Seasonality Deposit”). However, the foregoing requirement will be waived if (a) as of the applicable Payment Due Date, amounts then on deposit in the seasonality reserve account are greater than $1,000,000 and (b) the amount then on deposit in the seasonality reserve account is more than $750,000 but less than $1,000,000, then the amount to be deposited by Borrower for such Monthly Seasonality Deposit will be the difference between $1,000,000 and the amount then on deposit in the seasonality reserve account.
   
(87) The late payment for 4% excludes the balloon payment of principal due on the Maturity Date.
   
(88) On each Payment Due Date that the amount on deposit in the Ongoing TI/LC Reserve ($) is less than the then applicable reserve cap, the borrower is required to commence making monthly deposits into the Ongoing TI/LC Reserve ($) an amount of (i) $23,651 or, (ii) during the period (“Cameron Rollover Increase Trigger Period”) commencing on the date that the lease of the Second Largest Tenant, Cameron International Corp. (“Cameron”), expires and continuing until (A) either Cameron renews its lease or 75% of Cameron’s premises are leased to an acceptable replacement tenant that is in physical occupancy, open for business and paying full contractual rent, and (B) the debt service coverage ratio of the mortgage loan is 1.60x or greater, $37,841.
   
(89) The Reserve Cap ($) is (a) $1,362,270 if a Cameron Rollover Increase Trigger Period exists, and (b) $851,419 if a Cameron Rollover Increase Trigger Period does not exist.
   
(90) The Largest Tenant, Helix Energy Solutions Group, subleases approximately 30,104 square feet, out of the total 118,630 square feet, to the Second Largest Tenant, Cameron International Corp. The current annual base rent under the sublease is $571,977 and the sublease expires on November 30, 2023.

 

 

 

 

(91) 19 of the 125 Units at the Mortgaged Property are subject to an affordable housing income covenant (the “Affordable Housing Covenant”) enforced by the Borward County, Florida, which covenants are effective for 30 years from the initial certificate of occupancy.  According to the related appraisal report, the projected target rents are below the limits set under the Affordable Housing Covenant.
   
(92) The Mortgaged Property is newly constructed, and some historical financials may not be available.
   
(93) Commencing on the Due Date occurring in January 2023 and on each Due Date thereafter, the borrower is required to deposit $2,708.33 into the Ongoing Replacement Reserve ($).
   
(94) The increase from Most Recent NOI (if past 2018) ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property having gone through renovations in 2019.
   
(95) The Third Largest Tenant at the Mortgaged Property, Bronx NET, may terminate its lease at any time so long as it gives the landlord 6 months written notice, and pay equal to six months of the then current fixed rent as a termination fee, and continue to pay to Landlord all fixed Rent and additional rent that has accrued or may accrue under the terms of this lease.
   
(96) The Fifth Largest Tenant at the Mortgaged Property, Diabetes Relief Center Bronx Leasing LLC, may terminate its lease at any time so long as it gives the landlord two months written notice, and pay the landlord the unpaid portion of Work Funds and any if all fees paid by the landlord to a broker, all fees will be based on a five year amortization and continue to pay to Landlord all fixed Rent and additional rent that has accrued or may accrue under the terms of this lease.  
   
(97) The Mortgaged Property was acquired by the current sponsor in 2017, therefore there is limited historical information before 2017.
   
(98) The 4536 Spruce Street Mortgaged Property was built in 2019, therefore there is limited historical information
   
(99) The Mortgaged Property’s Appraised Value ($) represents the “As Complete” appraised value as of November  1, 2019, which assumes that the Mortgaged Property will have completed the improvement on the commercial space at the Property.
   
(100) The increase from Most Recent NOI (if past 2018) ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property having annualized financials, due to the Property being built in 2019.
   
(101) There is 5,705 SF of commercial space at the Mortgaged Property that generates $194,033 of rent per month.  
   
(102) Seasonal Working Capital Reserve: At closing, no Season Working Capital Reserve was funded. From February through and including May of each year, the amount of $17,500 (the “Seasonal Working Capital Monthly Deposit”) is required to be funded, however, in no event will the Seasonal Working Capital Reserve be in excess of $70,000 (the “Seasonal Working Capital Reserve Cap”). Notwithstanding the foregoing, if at the end of the first year of the loan term the cash flow in each month occurring in the prior twelve month period is greater than zero (“Seasonality Termination Condition”), borrower’s obligation to make deposits into the Seasonal Working Capital Reserve will no longer be applicable and provided no event of default is continuing, the Seasonal Working Capital Reserve Funds in the Seasonal Working Capital Reserve Account will be disbursed either (x) if a trigger period has not occurred, to borrower, or (y) if a trigger period has occurred, to the clearing account.
   
(103) The operating history for Sands Hotels & Spa Mortgaged Property is unavailable due to a comprehensive renovation and repositioning that occurred between 2017 and early 2018.
   
(104) The TI/LC cap of $300,000 only applies when the DSCR is greater than 1.30x.
   
(105) The second largest tenant, Christine Bienenfeld, MD has an ongoing option to terminate the lease after 9/1/2021. Tenant has right to terminate the Lease any time after the end of the 4th Lease Year (09/01/2021) upon 90 days’ written notice to the borrower. If tenant terminates, tenant is required to reimburse the borrower for the unamortized principal amount of the tenant improvements, leasing commissions and one month’s rent.
   
(106) Occupancy (%) reflects an economic vacancy based on the lack of a certificate of occupancy for one of the units at the Mortgaged Property. The Mortgaged Property is fully occupied.
   
(107) The Mortgaged Property is secured by the borrower’s leased fee interest, whereby the borrower is the ground lessor and the sole tenant at the Mortgaged Property, Wawa, Inc., is the ground lessee under a ground lease that expires on December 31, 2038, with six five-year extension options.