0001539497-21-001981.txt : 20211202 0001539497-21-001981.hdr.sgml : 20211202 20211202161413 ACCESSION NUMBER: 0001539497-21-001981 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20211202 DATE AS OF CHANGE: 20211202 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BENCHMARK 2021-B31 MORTGAGE TRUST CENTRAL INDEX KEY: 0001894714 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-228597-10 FILM NUMBER: 211466770 BUSINESS ADDRESS: STREET 1: 390 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 2128165343 MAIL ADDRESS: STREET 1: 390 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC CENTRAL INDEX KEY: 0001258361 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 861073506 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 390 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 2128165343 MAIL ADDRESS: STREET 1: 390 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 FWP 1 n2834_x7-anxa1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-228597-10
     

 

     
 

FREE WRITING PROSPECTUS, DATED DECEMBER 2, 2021

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., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, 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 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 servicers, 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. 

 

  
     

    

 

 

BMARK 2021-B31

                                                   
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address City County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($)
                                                   
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street 9.9% 100.0% DBRI, JPMCB, BANA, 3650 Cal Bridge Lending, LLC GACC, JPMCB Yes - Group 1 NAP 350 and 450 Water Street Cambridge Middlesex Massachusetts 02141 Mixed Use Office/Lab 2021 NAP 915,233 SF 889.39 148,140,816 148,140,816 148,140,816
2 Loan 20, 21, 22, 23 1 Greenwich Office Park 6.3% 100.0% DBRI, CREFI GACC, CREFI NAP NAP 1-6 and 9 Greenwich Office Park Greenwich Fairfield Connecticut 06831 Office Suburban 1970-1978 2014 343,249 SF 273.85 94,000,000 94,000,000 94,000,000
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ 5.0% 100.0% DBRI GACC NAP NAP 800 Scudders Mill Road Plainsboro Middlesex New Jersey 08536 Office Suburban 1985, 1989, 1994 2013 731,104 SF 288.15 75,000,000 75,000,000 75,000,000
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive 4.2% 100.0% JPMCB JPMCB NAP NAP One Memorial Drive Cambridge Middlesex Massachusetts 02142 Office CBD 1985 2018 409,422 SF 731.03 63,150,000 63,150,000 63,150,000
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio 3.9%   CREFI CREFI NAP NAP Various Various Various Various Various Various Various Various Various 2,265,636 SF 25.82 58,500,000 58,500,000 58,500,000
5.01 Property   1 5000 East Raines Road 1.9% 47.4%         5000 East Raines Road Memphis Shelby Tennessee 38118 Industrial Warehouse/Distribution 1968 2000 1,128,164 SF   27,750,000 27,750,000 27,750,000
5.02 Property   1 6125 Shelby Drive 0.7% 16.7%         6125 East Shelby Drive Memphis Shelby Tennessee 38141 Industrial Warehouse/Distribution 1981 NAP 466,465 SF   9,775,000 9,775,000 9,775,000
5.03 Property   1 4219 Air Trans Road 0.5% 12.4%         4219 Air Trans Road Memphis Shelby Tennessee 38118 Industrial Warehouse/Distribution 1977 NAP 312,000 SF   7,250,000 7,250,000 7,250,000
5.04 Property   1 4502 Maass Road 0.4% 9.8%         4502 Maass Road Bellevue Sarpy Nebraska 68133 Office Suburban 2006 NAP 83,229 SF   5,725,000 5,725,000 5,725,000
5.05 Property   1 3615 Lamar Avenue 0.4% 9.0%         3615 Lamar Avenue Memphis Shelby Tennessee 38118 Industrial Warehouse/Distribution 1971 NAP 157,408 SF   5,250,000 5,250,000 5,250,000
5.06 Property   1 3638-3684 Contract Road 0.2% 4.7%         3638-3684 Contract Drive Memphis Shelby Tennessee 38118 Industrial Warehouse/Distribution 1975 NAP 118,370 SF   2,750,000 2,750,000 2,750,000
6 Loan   2 Hall Office Portfolio 3.9%   CREFI CREFI NAP NAP Various Various Various Texas Various Office Suburban Various NAP 298,212 SF 194.49 58,000,000 58,000,000 45,734,301
6.01 Property   1 Building E1 2.0% 52.7%         3010 Gaylord Parkway Frisco Collin Texas 75034 Office Suburban 2007 NAP 144,582 SF   30,540,212 30,540,212 24,081,642
6.02 Property   1 Freeport 9 1.8% 47.3%         4609 Regent Boulevard Irving Dallas Texas 75063 Office Suburban 2014 NAP 153,630 SF   27,459,788 27,459,788 21,652,658
7 Loan 8, 35, 36, 37, 38 1 La Encantada 3.7% 100.0% GSBI GSMC NAP NAP 2905 East Skyline Drive Tucson Pima Arizona 85718 Retail Anchored 2003 2020 245,955 SF 414.71 55,000,000 55,000,000 55,000,000
8 Loan 8, 39 3 TLR Portfolio 3.2%   CREFI, LMF CREFI NAP NAP Various Various Various Florida Various Multifamily Garden Various 2021 688 Units 120,639.53 48,000,000 48,000,000 48,000,000
8.01 Property   1 Bahia Apartments 1.6% 49.9%         2902 Sycamore Court Tampa Hillsborough Florida 33613 Multifamily Garden 1972 2021 320 Units   23,959,518 23,959,518 23,959,518
8.02 Property   1 Royal Breeze Apartments 1.0% 29.9%         21227 US Highway 19 North Clearwater Pinellas Florida 33765 Multifamily Garden 1973 2021 200 Units   14,353,735 14,353,735 14,353,735
8.03 Property   1 Lenox Place Apartments 0.6% 20.2%         11311 North 22nd Street Tampa Hillsborough Florida 33612 Multifamily Garden 1970 2021 168 Units   9,686,747 9,686,747 9,686,747
9 Loan 40, 41 1 40 Gansevoort 3.0% 100.0% JPMCB JPMCB NAP NAP 40 Gansevoort Street New York New York New York 10014 Mixed Use Office/Retail 2006 NAP 62,047 SF 734.93 45,600,000 45,600,000 45,600,000
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio 2.9%   CREFI CREFI NAP NAP Various Various Various Various Various Various Various Various Various 641,784 SF 67.78 43,500,000 43,500,000 39,918,371
10.01 Property   1 50 Penn Place 1.3% 44.3%         1900 Northwest Expressway Oklahoma City Oklahoma Oklahoma 73118 Mixed Use Office/Retail 1974 2019 317,043 SF   19,250,000 19,250,000 17,665,026
10.02 Property   1 Beacon Ridge Tower 0.7% 24.8%         600 Beacon Parkway West Birmingham Jefferson Alabama 35209 Office Suburban 1983 NAP 153,287 SF   10,800,000 10,800,000 9,910,768
10.03 Property   1 100 Concourse 0.7% 23.5%         100 Concourse Parkway Birmingham Shelby Alabama 35244 Office Suburban 1989 NAP 125,597 SF   10,225,000 10,225,000 9,383,111
10.04 Property   1 800 Concourse 0.2% 7.4%         800 Concourse Parkway Birmingham Shelby Alabama 35244 Office Suburban 1990 NAP 45,857 SF   3,225,000 3,225,000 2,959,465
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy 2.9% 100.0% DBRI, American General Life Insurance Company, The Variable Annuity Life Insurance Company GACC NAP NAP 555 First Street Harrison Hudson New Jersey 07029 Multifamily Mid Rise 2021 NAP 310 Units 138,709.68 43,000,000 43,000,000 38,244,097
12 Loan   6 JMT Chicago Multi Portfolio 2.8%   CREFI CREFI NAP NAP Various Various Cook Illinois Various Multifamily Various Various Various 544 Units 78,125.00 42,500,000 42,500,000 42,500,000
12.01 Property   1 Somerset I 1.2% 42.8%         4127 West 127th Street Alsip Cook Illinois 60803 Multifamily Garden 1971 1990 240 Units   18,185,738 18,185,738 18,185,738
12.02 Property   1 Oak Lawn 0.4% 14.9%         10216 South Pulaski Road Oak Lawn Cook Illinois 60453 Multifamily Garden 1960 NAP 81 Units   6,328,370 6,328,370 6,328,370
12.03 Property   1 Somerset II 0.4% 13.9%         3048 West 119th Street Merrionette Park Cook Illinois 60803 Multifamily Garden 1972 NAP 72 Units   5,928,683 5,928,683 5,928,683
12.04 Property   1 Kenmore 0.4% 13.2%         6011 North Kenmore Avenue Chicago Cook Illinois 60660 Multifamily Mid Rise 1969 NAP 56 Units   5,595,611 5,595,611 5,595,611
12.05 Property   1 Somerset III 0.2% 8.3%         3170 West 115th Street Merrionette Park Cook Illinois 60803 Multifamily Garden 1966 NAP 48 Units   3,530,564 3,530,564 3,530,564
12.06 Property   1 Washington 0.2% 6.9%         12 Washington Boulevard Oak Park Cook Illinois 60302 Multifamily Mid Rise 1928 NAP 47 Units   2,931,034 2,931,034 2,931,034
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB 2.7% 100.0% CREFI CREFI NAP NAP 1000 Daniele Drive, 105 Davis Drive and 180 Davis Drive Town of Burrillville Providence Rhode Island 02839, 02859 Industrial Flex 1976, 1997, 2005 1995, 2011, 2014, 2021 515,006 SF 122.33 40,000,000 40,000,000 40,000,000
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio 2.7%   JPMCB JPMCB Yes - Group 1 NAP Various Tualatin Washington Oregon 97062 Retail Anchored Various NAP 512,047 SF 124.79 40,000,000 40,000,000 40,000,000
14.01 Property   1 Nyberg Rivers 1.4% 52.4%         7405-7981 Southwest Nyberg Street Tualatin Washington Oregon 97062 Retail Anchored 2014 NAP 297,987 SF   20,957,746 20,957,746 20,957,746
14.02 Property   1 Nyberg Woods 1.3% 47.6%         7061 Southwest Nyberg Street Tualatin Washington Oregon 97062 Retail Anchored 2007 NAP 214,060 SF   19,042,254 19,042,254 19,042,254
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio 2.7%   DBRI GACC NAP NAP Various Various Various Various Various Industrial Various Various Various 810,779 SF 77.89 40,000,000 40,000,000 40,000,000
15.01 Property   1 2314 Sybrandt Road 1.3% 48.8%         2314 Sybrandt Road Traverse City Grand Traverse Michigan 49684 Industrial Cold Storage 1963-1980 2018 325,122 SF   19,500,960 19,500,960 19,500,960
15.02 Property   1 110 Sara Lee Road 1.2% 44.1%         110 Sara Lee Road Tarboro Edgecombe North Carolina 27886 Industrial Manufacturing 1989 1999 405,930 SF   17,658,349 17,658,349 17,658,349
15.03 Property   1 1528 South Hayford Road 0.1% 5.0%         1528 South Hayford Road Airway Heights Spokane Washington 99000 Industrial Cold Storage 2002 NAP 40,827 SF   1,984,645 1,984,645 1,984,645
15.04 Property   1 105 Ashland Avenue 0.1% 2.1%         105 Ashland Avenue Southbridge Worcester Massachusetts 01550 Industrial Manufacturing 1965, 1976, 1982, 1989 2011 38,900 SF   856,046 856,046 856,046
16 Loan   1 The Colony Cooperative 2.3% 100.0% CREFI CREFI NAP NAP 1530 Palisade Avenue Fort Lee Bergen New Jersey 07024 Multifamily Cooperative 1972 2012 484 Units 72,623.97 35,150,000 35,150,000 29,602,979
17 Loan 64 1 Hyde Park Gardens Cooperative 2.2% 100.0% CREFI CREFI NAP NAP 137-07 Jewel Avenue Kew Garden Hills Queens New York 11367 Multifamily Cooperative 1950 NAP 746 Units 43,488.86 32,503,707 32,442,688 24,323,229
18 Loan 65 1 SolutionReach 2.0% 100.0% JPMCB JPMCB NAP NAP 2600 North Ashton Boulevard Lehi Utah Utah 84043 Office CBD 2016 NAP 145,646 SF 208.73 30,400,000 30,400,000 30,400,000
19 Loan 8, 66 1 The Veranda 2.0% 100.0% JPMCB JPMCB Yes - Group 1 NAP 2001 Diamond Boulevard Concord Contra Costa California 94520 Retail Anchored 2017-2018 NAP 365,062 SF 273.93 30,000,000 30,000,000 30,000,000
20 Loan 67, 68 2 Harbor Bay Portfolio 1.1% 66.0% CREFI CREFI Yes - Group 2 Group A Various Various Various Various Various Various Various Various Various 113,755 SF 93.37 16,246,711 16,246,711 16,246,711
20.01 Property   1 PGA Tour Superstore 0.6% 55.8%         450 Grossman Drive Braintree Norfolk Massachusetts 02184 Retail Single Tenant 1997 2019 37,250 SF   9,072,795 9,072,795 9,072,795
20.02 Property   1 Denver West Office 0.5% 44.2%         1617 Cole Boulevard Lakewood Jefferson Colorado 80401 Office Suburban 1978 2017 76,505 SF   7,173,916 7,173,916 7,173,916
21 Loan 68, 69 1 Fresenius Industrial 0.6% 34.0% CREFI CREFI Yes - Group 2 Group A 750 North Lallendorf Road Oregon Lucas Ohio 43616 Industrial Warehouse 2004 NAP 150,000 SF 93.37 8,380,000 8,380,000 8,380,000
22 Loan 70 1 435 North Roxbury 1.6% 100.0% DBRI GACC NAP NAP 435 North Roxbury Drive Beverly Hills Los Angeles California 90210 Office Medical 1958 2020 43,786 SF 529.85 23,200,000 23,200,000 23,200,000
23 Loan 71 1 466 Broome Street 1.5% 100.0% CREFI CREFI NAP NAP 466 Broome Street New York New York New York 10013 Mixed Use Office/Retail 1880 2013 31,800 SF 726.42 23,100,000 23,100,000 23,100,000
24 Loan 72 1 Intuitive Surgical Sunnyvale 1.4% 100.0% DBRI GACC NAP NAP 1388 Kifer Road Sunnyvale Santa Clara California 94086 Office Suburban 1999 NAP 88,924 SF 236.16 21,000,000 21,000,000 21,000,000
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio 1.4%   CREFI CREFI NAP NAP Various New York New York New York Various Various Various Various NAP 44,480 SF 472.12 21,000,000 21,000,000 21,000,000
25.01 Property   1 459 Park Ave S 0.3% 24.4%         459 Park Avenue South New York New York New York 10016 Mixed Use Retail/Multifamily 1910 NAP 4,950 SF   5,119,101 5,119,101 5,119,101
25.02 Property   1 147 W 111th St 0.3% 22.1%         147 West 111th Street New York New York New York 10026 Multifamily Mid Rise 1900 NAP 13,000 SF   4,635,645 4,635,645 4,635,645
25.03 Property   1 210 W 35th St 0.3% 21.7%         210 West 35th Street New York New York New York 10001 Mixed Use Office/Retail 1920 NAP 6,080 SF   4,551,102 4,551,102 4,551,102
25.04 Property   1 60 Pearl St 0.3% 20.4%         60 Pearl Street New York New York New York 10004 Mixed Use Multifamily/Retail 1900 NAP 7,700 SF   4,288,139 4,288,139 4,288,139
25.05 Property   1 442-444 W 50th St 0.2% 11.5%         444 West 50th Street New York New York New York 10019 Mixed Use Multifamily/Retail 1900 NAP 12,750 SF   2,406,012 2,406,012 2,406,012
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega 1.3% 100.0% CREFI CREFI NAP NAP 1801-1845 La Cienega Boulevard Los Angeles Los Angeles California 90035 Retail Anchored 1970 2003 305,890 SF 294.22 20,000,000 20,000,000 20,000,000
27 Loan 82 1 Southlake Center 1.3% 100.0% DBRI GACC NAP NAP 1000 Southlake Mall Morrow Clayton Georgia 30260 Retail Anchored 1976 1999 429,267 SF 46.53 19,975,000 19,975,000 19,975,000
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons 1.3% 100.0% GSBI GSMC NAP NAP 114 & 130 East Black Horse Pike Audubon Camden New Jersey 08106 Retail Anchored 1961, 1979 2004-2005, 2008 468,417 SF 99.75 19,000,000 18,888,334 14,938,003
29 Loan   1 Westward Ho 1.2% 100.0% DBRI GACC NAP NAP 12044 Royal Road El Cajon San Diego California 92021 Manufactured Housing Manufactured Housing 1962 NAP 131 Pads 141,221.37 18,500,000 18,500,000 18,500,000
30 Loan 86, 87 1 Greystone Lofts 1.2% 100.0% JPMCB JPMCB NAP NAP 180 Waterman Avenue North Providence Providence Rhode Island 02911 Multifamily Garden 1900 2006 150 Units 121,666.67 18,250,000 18,250,000 18,250,000
31 Loan 88 3 SLJ Portfolio 1.2%   CREFI CREFI NAP NAP Various Various Various Various Various Various Various Various NAP 75,635 SF 237.99 18,000,000 18,000,000 18,000,000
31.01 Property   1 162-24 Jamaica Ave 0.8% 63.3%         162-24 Jamaica Avenue Jamaica Queens New York 11432 Mixed Use Office/Retail 1930 NAP 41,629 SF   11,400,000 11,400,000 11,400,000
31.02 Property   1 300 US Highway 202 0.3% 22.8%         300 US Highway 202 Raritan Somerset New Jersey 08869 Retail Unanchored 1990 NAP 22,206 SF   4,100,000 4,100,000 4,100,000
31.03 Property   1 2706 Route 22 0.2% 13.9%         2706 US-22 Union Union New Jersey 07083 Retail Single Tenant 1986 NAP 11,800 SF   2,500,000 2,500,000 2,500,000
32 Loan 89, 90, 91, 92 6 SLF Portfolio 1.2%   CREFI CREFI NAP NAP Various Various Various Various Various Various Various Various Various 229,246 SF 78.52 18,000,000 18,000,000 18,000,000
32.01 Property   1 Torrance 0.3% 25.6%         21815 Hawthorne Boulevard Torrance Los Angeles California 90503 Retail Single Tenant 2012 NAP 10,609 SF   4,600,000 4,600,000 4,600,000
32.02 Property   1 West Jordan 0.2% 18.9%         4370 West New Bingham Highway West Jordan Salt Lake Utah 84088 Industrial Flex 2016 NAP 18,166 SF   3,400,000 3,400,000 3,400,000
32.03 Property   1 Bristol 0.2% 15.6%         60 Wooster Court Bristol Hartford Connecticut 06010 Industrial Warehouse/Distribution 1969 2020 69,494 SF   2,800,000 2,800,000 2,800,000
32.04 Property   1 Chattanooga 0.2% 15.3%         370 Labeling Way Chattanooga Hamilton Tennessee 37419 Industrial Manufacturing 1998 NAP 88,727 SF   2,750,000 2,750,000 2,750,000
32.05 Property   1 Wheaton 0.2% 13.3%         275 West Loop Road Wheaton DuPage Illinois 60189 Other Child Care Facility 1999 NAP 8,500 SF   2,400,000 2,400,000 2,400,000
32.06 Property   1 Albertville 0.1% 11.4%         12200 52nd Street Northeast Albertville Wright Minnesota 55301 Industrial Warehouse/Distribution 2015 NAP 33,750 SF   2,050,000 2,050,000 2,050,000
33 Loan 93, 94 1 223 Quaker Road 1.2% 100.0% CREFI CREFI NAP NAP 223 Quaker Road Haverstraw Rockland New York 10970 Industrial Warehouse/Distribution 1975, 1985 2021 136,259 SF 131.18 17,875,000 17,875,000 17,875,000
34 Loan 95, 96 1 Junction 4121 1.2% 100.0% DBRI GACC Yes - Group 4 NAP 4121 Santa Monica Boulevard Los Angeles Los Angeles California 90029 Multifamily Mid Rise 2020 NAP 41 Units 429,268.29 17,600,000 17,600,000 17,600,000
35 Loan 97, 98, 99 1 Belcan HQ 1.1% 100.0% JPMCB JPMCB NAP NAP 10151 Carver Road Blue Ash Hamilton Ohio 45242 Office Suburban 2000 2021 135,413 SF 117.42 15,900,000 15,900,000 15,900,000
36 Loan 100, 101, 102 1 87-10 Northern Boulevard 1.0% 100.0% CREFI CREFI NAP NAP 87-10 Northern Boulevard Jackson Heights Queens New York 11372 Mixed Use Office/Retail 2016 NAP 53,614 SF 281.64 15,100,000 15,100,000 15,100,000
37 Loan 103 1 Lake Drive Plaza 0.9% 100.0% GSBI GSMC Yes - Group 3 NAP 915 Hardy Road Vinton Roanoke Virginia 24179 Retail Anchored 1976 1987 163,512 SF 81.13 13,265,000 13,265,000 13,265,000
38 Loan   1 Franklin Square 0.9% 100.0% DBRI GACC NAP NAP 3900 East Franklin Boulevard Gastonia Gaston North Carolina 28056 Retail Anchored 2006-2007 NAP 134,239 SF 98.70 13,250,000 13,250,000 11,405,985
39 Loan   1 901 Corporate 0.9% 100.0% CREFI CREFI NAP NAP 901 Corporate Center Drive Pomona Los Angeles California 91768 Office Suburban 1989 2020 96,365 SF 132.31 12,750,000 12,750,000 12,750,000
40 Loan 104 1 Home Depot Nanuet 0.8% 100.0% JPMCB JPMCB NAP NAP 43 Hutton Avenue Nanuet Rockland New York 10954 Other Leased Fee NAP NAP 134,005 SF 89.55 12,000,000 12,000,000 12,000,000
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue 0.7% 100.0% DBRI GACC NAP NAP 8900 South Congress Avenue Austin Travis Texas 78745 Retail Anchored 2020 NAP 47,047 SF 223.18 10,500,000 10,500,000 8,291,369
42 Loan 110 1 FedEx Topeka 0.7% 100.0% DBRI GACC NAP NAP 5116 Southwest Wenger Street Topeka Shawnee Kansas 66609 Industrial Warehouse/Distribution 2020 NAP 27,077 SF 363.04 9,830,000 9,830,000 9,830,000
43 Loan   1 Fondren Hill Apartments 0.7% 100.0% CREFI CREFI NAP NAP 770 Lakeland Drive Jackson Hinds Mississippi 39216 Multifamily Garden 1973 2021 96 Units 101,944.45 9,800,000 9,786,667 8,542,339
44 Loan 111 1 Brookside Industrial Park 0.5% 100.0% GSBI GSMC NAP NAP 1761-1775 North Sherman Drive, 3875-3956 Culligan Avenue, 3902 East 16th Street, 1710 Jenkins Street and 1725-1740 Wales Avenue Indianapolis Marion Indiana 46218 Industrial Flex 1938-2002 NAP 304,927 SF 26.89 8,200,000 8,200,000 8,200,000
45 Loan 112 1 Shoppes of Mason 0.5% 100.0% GSBI GSMC Yes - Group 3 NAP 5283 Kings Mills Road Mason Warren Ohio 45040 Retail Anchored 1996 NAP 80,800 SF 96.53 7,800,000 7,800,000 7,800,000
46 Loan   1 560 Village Boulevard 0.5% 100.0% CREFI CREFI NAP NAP 560 Village Boulevard West Palm Beach Palm Beach Florida 33409 Office Suburban 1989 2020 62,995 SF 119.85 7,550,000 7,550,000 7,550,000
47 Loan 113, 114 1 7670 Woodway 0.5% 100.0% GSBI GSMC NAP NAP 7670 Woodway Drive Houston Harris Texas 77063 Office Suburban 1980 2007 70,689 SF 102.84 7,270,000 7,270,000 5,933,061
48 Loan 115 2 Maize & Blue 2 Pack 0.5%   JPMCB JPMCB NAP NAP Various Ann Arbor Washtenaw Michigan 48104 Multifamily Student Housing Various NAP 54 Units 129,629.63 7,000,000 7,000,000 7,000,000
48.01 Property   1 1320 South University Avenue 0.4% 85.7%         1320 South University Avenue Ann Arbor Washtenaw Michigan 48104 Multifamily Student Housing 1965 NAP 36 Units   6,000,000 6,000,000 6,000,000
48.02 Property   1 511 East Hoover Avenue 0.1% 14.3%         511 East Hoover Avenue Ann Arbor Washtenaw Michigan 48104 Multifamily Student Housing 1964 NAP 18 Units   1,000,000 1,000,000 1,000,000
49 Loan   2 259 Reynolds & 678 Scotland 0.5%   CREFI CREFI NAP NAP Various Orange Essex New Jersey 07050 Multifamily Garden Various 2020 61 Units 114,754.10 7,000,000 7,000,000 7,000,000
49.01 Property   1 678 Scotland 0.2% 50.0%         674-678 Scotland Road Orange Essex New Jersey 07050 Multifamily Garden 1926 2020 32 Units   3,502,752 3,502,752 3,502,752
49.02 Property   1 259 Reynolds 0.2% 50.0%         259 Reynolds Terrace Orange Essex New Jersey 07050 Multifamily Garden 1965 2020 29 Units   3,497,248 3,497,248 3,497,248
50 Loan   7 CityLine Storage Express Portfolio 0.4%   CREFI CREFI NAP NAP Various Various Various Tennessee Various Self Storage Self Storage Various NAP 91,785 SF 72.56 6,660,000 6,660,000 6,660,000
50.01 Property   1 Storage Express - Waverly 0.1% 21.6%         4381 US Route 70 Waverly Humphreys Tennessee 37185 Self Storage Self Storage 1996 NAP 26,120 SF   1,438,310 1,438,310 1,438,310
50.02 Property   1 Storage Express - Chapel Hill 0.1% 15.5%         5224 Nashville Highway Chapel Hill Marshall Tennessee 37034 Self Storage Self Storage 1994 NAP 13,690 SF   1,031,831 1,031,831 1,031,831
50.03 Property   1 Storage Express - Pulaski 0.1% 15.0%         1210 Mill Street Pulaski Giles Tennessee 38478 Self Storage Self Storage 1995 NAP 9,675 SF   1,000,563 1,000,563 1,000,563
50.04 Property   1 Storage Express - Hohenwald 0.1% 14.3%         123 Joe Avenue Hohenwald Lewis Tennessee 38462 Self Storage Self Storage 1995 NAP 12,075 SF   953,662 953,662 953,662
50.05 Property   1 Storage Express - Mt. Pleasant 0.1% 13.6%         1151 North Main Street Mount Pleasant Maury Tennessee 38474 Self Storage Self Storage 1995 NAP 13,025 SF   906,761 906,761 906,761
50.06 Property   1 Storage Express - Shelbyville 0.1% 13.1%         2210 North Main Street Shelbyville Bedford Tennessee 37160 Self Storage Self Storage 1995 NAP 11,600 SF   875,493 875,493 875,493
50.07 Property   1 Storage Express - Lawrenceburg 0.0% 6.8%         359 Mattox Town Road Lawrenceburg Lawrence Tennessee 38464 Self Storage Self Storage 1992 NAP 5,600 SF   453,380 453,380 453,380
51 Loan   1 145 Saw Mill Road 0.4% 100.0% CREFI CREFI NAP NAP 145 Saw Mill River Road Yonkers Westchester New York 10701 Industrial Warehouse/Distribution 1945 NAP 99,335 SF 66.44 6,600,000 6,600,000 5,648,883
52 Loan   1 Springfield Plaza 0.4% 100.0% CREFI CREFI NAP NAP 2 Chester Road Springfield Windsor Vermont 05156 Retail Anchored 1955, 1965, 1975 NAP 163,626 SF 39.66 6,500,000 6,489,948 5,087,204
53 Loan   1 Willow Tree Apartments 0.4% 100.0% CREFI CREFI NAP NAP 22262-22266 Civic Center Drive Southfield Oakland Michigan 48033 Multifamily Garden 1978 NAP 78 Units 73,076.92 5,700,000 5,700,000 5,700,000
54 Loan   1 233 Jackson Street 0.3% 100.0% CREFI CREFI NAP NAP 233 Jackson Street Brooklyn Kings New York 11211 Multifamily Mid Rise 1910 2021 6 Units 666,666.67 4,000,000 4,000,000 4,000,000
55 Loan   1 Fresenius Medical Center Melbourne 0.2% 100.0% CREFI CREFI NAP NAP 1355 Palm Bay Road Northeast Melbourne Brevard Florida 32905 Office Medical 2017 NAP 10,392 SF 346.42 3,600,000 3,600,000 3,600,000
56 Loan 116 1 1048 Manzanita 0.2% 100.0% DBRI GACC Yes - Group 4 NAP 1048 Manzanita Street Los Angeles Los Angeles California 90029 Multifamily Low Rise 2020 NAP 9 Units 266,666.67 2,400,000 2,400,000 2,400,000
57 Loan 117 1 CVS Newnan 0.1% 100.0% CREFI CREFI NAP NAP 239 Temple Avenue Newnan Coweta Georgia 30263 Retail Single Tenant 1998 NAP 10,125 SF 158.02 1,600,000 1,600,000 1,600,000

 

 

    

 

 

                                                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision
            1   2   2                                       3
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street 2.79200% 0.01473% 2.77727% NAP 349,461.44 NAP 4,193,537.28 Interest Only - ARD Yes Actual/360 120 119 120 119 0 0 10/14/2021 1 6 12/6/2021 NAP 11/6/2031 11/6/2036 0 0 L(24),YM1(1),DorYM1(88),O(7)
2 Loan 20, 21, 22, 23 1 Greenwich Office Park 3.25700% 0.00998% 3.24702% NAP 258,675.16 NAP 3,104,101.92 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(92),O(4)
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ 2.83800% 0.00998% 2.82802% NAP 179,838.54 NAP 2,158,062.48 Interest Only - ARD Yes Actual/360 60 59 60 59 0 0 11/5/2021 1 6 12/6/2021 NAP 11/6/2026 4/6/2031 0 0 L(25),D(30),O(5)
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive 2.69250% 0.01873% 2.67377% NAP 143,660.77 NAP 1,723,929.24 Interest Only No Actual/360 120 118 120 118 0 0 9/15/2021 2 5 11/5/2021 NAP 10/5/2031 NAP 0 0 L(25),YM1(1),DorYM1(88),O(6)
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio 3.24000% 0.00998% 3.23002% NAP 160,143.75 NAP 1,921,725.00 Interest Only No Actual/360 120 120 120 120 0 0 11/18/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(92),O(4)
5.01 Property   1 5000 East Raines Road                                                    
5.02 Property   1 6125 Shelby Drive                                                    
5.03 Property   1 4219 Air Trans Road                                                    
5.04 Property   1 4502 Maass Road                                                    
5.05 Property   1 3615 Lamar Avenue                                                    
5.06 Property   1 3638-3684 Contract Road                                                    
6 Loan   2 Hall Office Portfolio 3.80000% 0.00998% 3.79002% 270,255.26 NAP 3,243,063.12 NAP Amortizing Balloon No Actual/360 0 0 120 120 360 360 11/17/2021 0 6 1/6/2022 1/6/2022 12/6/2031 NAP 0 0 L(24),D(92),O(4)
6.01 Property   1 Building E1                                                    
6.02 Property   1 Freeport 9                                                    
7 Loan 8, 35, 36, 37, 38 1 La Encantada 3.36100% 0.00998% 3.35102% NAP 156,185.36 NAP 1,874,224.32 Interest Only No Actual/360 120 118 120 118 0 0 9/17/2021 2 6 11/6/2021 NAP 10/6/2031 NAP 0 0 L(26),D(90),O(4)
8 Loan 8, 39 3 TLR Portfolio 3.97000% 0.05998% 3.91002% NAP 161,005.56 NAP 1,932,066.72 Interest Only No Actual/360 120 120 120 120 0 0 11/9/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
8.01 Property   1 Bahia Apartments                                                    
8.02 Property   1 Royal Breeze Apartments                                                    
8.03 Property   1 Lenox Place Apartments                                                    
9 Loan 40, 41 1 40 Gansevoort 3.99000% 0.00998% 3.98002% NAP 153,725.83 NAP 1,844,709.96 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 1 1/1/2022 NAP 12/1/2031 NAP 0 0 L(24),D(90),O(6)
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio 3.24000% 0.00998% 3.23002% 189,076.09 119,081.25 2,268,913.08 1,428,975.00 Interest Only, Amortizing Balloon No Actual/360 12 11 60 59 360 360 11/5/2021 1 6 12/6/2021 12/6/2022 11/6/2026 NAP 0 0 L(25),D(31),O(4)
10.01 Property   1 50 Penn Place                                                    
10.02 Property   1 Beacon Ridge Tower                                                    
10.03 Property   1 100 Concourse                                                    
10.04 Property   1 800 Concourse                                                    
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy 2.45500% 0.00998% 2.44502% 163,095.50 89,192.65 1,957,146.00 1,070,311.80 Interest Only, Amortizing Balloon No Actual/360 60 60 120 120 360 360 11/23/2021 0 1 1/1/2022 1/1/2027 12/1/2031 NAP 0 0 L(35),YM1(82),O(3)
12 Loan   6 JMT Chicago Multi Portfolio 3.78000% 0.00998% 3.77002% NAP 135,734.38 NAP 1,628,812.56 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
12.01 Property   1 Somerset I                                                    
12.02 Property   1 Oak Lawn                                                    
12.03 Property   1 Somerset II                                                    
12.04 Property   1 Kenmore                                                    
12.05 Property   1 Somerset III                                                    
12.06 Property   1 Washington                                                    
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB 3.71000% 0.00998% 3.70002% NAP 125,384.26 NAP 1,504,611.12 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio 3.64100% 0.01998% 3.62102% NAP 123,052.31 NAP 1,476,627.72 Interest Only No Actual/360 120 120 120 120 0 0 11/19/2021 0 5 1/5/2022 NAP 12/5/2031 NAP 0 0 L(24),DorYM1(92),O(4)
14.01 Property   1 Nyberg Rivers                                                    
14.02 Property   1 Nyberg Woods                                                    
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio 3.85500% 0.00998% 3.84502% NAP 130,284.72 NAP 1,563,416.64 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(23),YM1(1),DorYM1(90),O(6)
15.01 Property   1 2314 Sybrandt Road                                                    
15.02 Property   1 110 Sara Lee Road                                                    
15.03 Property   1 1528 South Hayford Road                                                    
15.04 Property   1 105 Ashland Avenue                                                    
16 Loan   1 The Colony Cooperative 2.62000% 0.00998% 2.61002% 118,257.00 NAP 1,419,084.00 NAP Amortizing Balloon No Actual/360 0 0 120 120 480 480 11/17/2021 0 6 1/6/2022 1/6/2022 12/6/2031 NAP 0 0 L(24),YM1(91),O(5)
17 Loan 64 1 Hyde Park Gardens Cooperative 2.47000% 0.00998% 2.46002% 127,922.53 NAP 1,535,070.36 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 11/5/2021 1 6 12/6/2021 12/6/2021 11/6/2031 NAP 0 0 L(25),YM1(91),O(4)
18 Loan 65 1 SolutionReach 4.37500% 0.00998% 4.36502% NAP 112,372.69 NAP 1,348,472.28 Interest Only No Actual/360 60 59 60 59 0 0 10/8/2021 1 1 12/1/2021 NAP 11/1/2026 NAP 0 0 YM1(49),O(11)
19 Loan 8, 66 1 The Veranda 2.99000% 0.01998% 2.97002% NAP 75,788.19 NAP 909,458.28 Interest Only No Actual/360 120 118 120 118 0 0 10/1/2021 2 5 11/5/2021 NAP 10/5/2031 NAP 0 0 L(24),YM1(2),DorYM1(90),O(4)
20 Loan 67, 68 2 Harbor Bay Portfolio 3.94000% 0.00998% 3.93002% NAP 54,084.25 NAP 649,011.00 Interest Only No Actual/360 120 119 120 119 0 0 10/15/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(92),O(3)
20.01 Property   1 PGA Tour Superstore                                                    
20.02 Property   1 Denver West Office                                                    
21 Loan 68, 69 1 Fresenius Industrial 3.97000% 0.00998% 3.96002% NAP 28,108.89 NAP 337,306.68 Interest Only No Actual/360 120 119 120 119 0 0 10/12/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(92),O(3)
22 Loan 70 1 435 North Roxbury 2.90100% 0.00998% 2.89102% NAP 56,864.97 NAP 682,379.64 Interest Only No Actual/360 120 119 120 119 0 0 10/22/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(90),O(5)
23 Loan 71 1 466 Broome Street 3.91000% 0.00998% 3.90002% NAP 76,312.88 NAP 915,754.56 Interest Only No Actual/360 120 119 120 119 0 0 11/1/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(92),O(3)
24 Loan 72 1 Intuitive Surgical Sunnyvale 2.94800% 0.00998% 2.93802% NAP 52,306.53 NAP 627,678.36 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(92),O(4)
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio 3.67000% 0.00998% 3.66002% NAP 65,117.01 NAP 781,404.12 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
25.01 Property   1 459 Park Ave S                                                    
25.02 Property   1 147 W 111th St                                                    
25.03 Property   1 210 W 35th St                                                    
25.04 Property   1 60 Pearl St                                                    
25.05 Property   1 442-444 W 50th St                                                    
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega 3.49000% 0.00998% 3.48002% NAP 58,974.54 NAP 707,694.48 Interest Only No Actual/360 120 118 120 118 0 0 9/28/2021 2 6 11/6/2021 NAP 10/6/2031 NAP 0 0 L(26),D(90),O(4)
27 Loan 82 1 Southlake Center 5.88700% 0.00998% 5.87702% NAP 99,355.05 NAP 1,192,260.60 Interest Only No Actual/360 120 119 120 119 0 0 10/21/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),YM1(91),O(4)
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons 3.72000% 0.00998% 3.71002% 87,668.84 NAP 1,052,026.08 NAP Amortizing Balloon No Actual/360 0 0 120 116 360 356 8/6/2021 4 6 9/6/2021 9/6/2021 8/6/2031 NAP 0 0 L(28),D(85),O(7)
29 Loan   1 Westward Ho 3.84000% 0.00998% 3.83002% NAP 60,022.22 NAP 720,266.64 Interest Only No Actual/360 120 120 120 120 0 0 11/19/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
30 Loan 86, 87 1 Greystone Lofts 3.96800% 0.03998% 3.92802% NAP 61,184.81 NAP 734,217.72 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 1 1/1/2022 NAP 12/1/2031 NAP 0 0 L(24),D(92),O(4)
31 Loan 88 3 SLJ Portfolio 3.32000% 0.00998% 3.31002% NAP 50,491.67 NAP 605,900.04 Interest Only No Actual/360 120 120 120 120 0 0 11/18/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 5 0 L(24),D(93),O(3)
31.01 Property   1 162-24 Jamaica Ave                                                    
31.02 Property   1 300 US Highway 202                                                    
31.03 Property   1 2706 Route 22                                                    
32 Loan 89, 90, 91, 92 6 SLF Portfolio 3.91000% 0.00998% 3.90002% NAP 59,464.58 NAP 713,574.96 Interest Only No Actual/360 120 119 120 119 0 0 11/1/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(91),O(4)
32.01 Property   1 Torrance                                                    
32.02 Property   1 West Jordan                                                    
32.03 Property   1 Bristol                                                    
32.04 Property   1 Chattanooga                                                    
32.05 Property   1 Wheaton                                                    
32.06 Property   1 Albertville                                                    
33 Loan 93, 94 1 223 Quaker Road 3.48000% 0.02998% 3.45002% NAP 52,557.47 NAP 630,689.64 Interest Only No Actual/360 120 120 120 120 0 0 11/8/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(92),O(4)
34 Loan 95, 96 1 Junction 4121 3.76000% 0.00998% 3.75002% NAP 55,912.59 NAP 670,951.08 Interest Only No Actual/360 120 119 120 119 0 0 10/29/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(88),O(7)
35 Loan 97, 98, 99 1 Belcan HQ 3.87100% 0.00998% 3.86102% NAP 52,003.12 NAP 624,037.44 Interest Only No Actual/360 84 83 84 83 0 0 10/18/2021 1 1 12/1/2021 NAP 11/1/2028 NAP 0 0 L(25),D(56),O(3)
36 Loan 100, 101, 102 1 87-10 Northern Boulevard 3.98000% 0.00998% 3.97002% NAP 50,777.25 NAP 609,327.00 Interest Only No Actual/360 120 120 120 120 0 0 11/12/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
37 Loan 103 1 Lake Drive Plaza 3.18000% 0.00998% 3.17002% NAP 35,640.48 NAP 427,685.76 Interest Only No Actual/360 116 116 116 116 0 0 11/9/2021 0 6 1/6/2022 NAP 8/6/2031 NAP 0 0 L(24),D(88),O(4)
38 Loan   1 Franklin Square 3.80800% 0.00998% 3.79802% 61,799.71 42,630.65 741,596.52 511,567.80 Interest Only, Amortizing Balloon No Actual/360 36 36 120 120 360 360 11/8/2021 0 6 1/6/2022 1/6/2025 12/6/2031 NAP 0 0 L(24),D(92),O(4)
39 Loan   1 901 Corporate 3.10000% 0.00998% 3.09002% NAP 33,394.97 NAP 400,739.64 Interest Only No Actual/360 120 119 120 119 0 0 10/27/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(90),O(5)
40 Loan 104 1 Home Depot Nanuet 3.99300% 0.00998% 3.98302% NAP 40,484.58 NAP 485,814.96 Interest Only No Actual/360 120 120 120 120 0 0 11/19/2021 0 1 1/1/2022 NAP 12/1/2031 NAP 0 0 L(24),D(93),O(3)
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue 3.83900% 0.00998% 3.82902% 49,158.93 NAP 589,907.16 NAP Amortizing Balloon No Actual/360 0 0 120 120 360 360 11/19/2021 0 6 1/6/2022 1/6/2022 12/6/2031 NAP 0 0 L(24),D(92),O(4)
42 Loan 110 1 FedEx Topeka 3.89000% 0.04998% 3.84002% NAP 32,308.16 NAP 387,697.92 Interest Only No Actual/360 120 119 120 119 0 0 10/27/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(24),YM1(92),O(4)
43 Loan   1 Fondren Hill Apartments 4.32000% 0.00998% 4.31002% 48,612.56 NAP 583,350.72 NAP Amortizing Balloon No Actual/360 0 0 84 83 360 359 10/29/2021 1 6 12/6/2021 12/6/2021 11/6/2028 NAP 0 0 L(25),D(53),O(6)
44 Loan 111 1 Brookside Industrial Park 3.30900% 0.00998% 3.29902% NAP 22,925.55 NAP 275,106.60 Interest Only No Actual/360 120 120 120 120 0 0 11/9/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(92),O(4)
45 Loan 112 1 Shoppes of Mason 3.85800% 0.00998% 3.84802% NAP 25,425.29 NAP 305,103.48 Interest Only No Actual/360 120 119 120 119 0 0 10/27/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(91),O(4)
46 Loan   1 560 Village Boulevard 3.35000% 0.00998% 3.34002% NAP 21,369.82 NAP 256,437.84 Interest Only No Actual/360 120 119 120 119 0 0 10/21/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(91),O(4)
47 Loan 113, 114 1 7670 Woodway 3.89600% 0.04998% 3.84602% 34,273.62 23,931.09 411,283.44 287,173.08 Interest Only, Amortizing Balloon No Actual/360 12 12 120 120 360 360 11/12/2021 0 6 1/6/2022 1/6/2023 12/6/2031 NAP 0 0 L(24),D(92),O(4)
48 Loan 115 2 Maize & Blue 2 Pack 3.65000% 0.00998% 3.64002% NAP 21,587.38 NAP 259,048.56 Interest Only No Actual/360 120 120 120 120 0 0 11/16/2021 0 1 1/1/2022 NAP 12/1/2031 NAP 0 0 L(24),D(1),DorYM1(91),O(4)
48.01 Property   1 1320 South University Avenue                                                    
48.02 Property   1 511 East Hoover Avenue                                                    
49 Loan   2 259 Reynolds & 678 Scotland 3.71000% 0.00998% 3.70002% NAP 21,942.25 NAP 263,307.00 Interest Only No Actual/360 120 119 120 119 0 0 10/29/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(88),O(7)
49.01 Property   1 678 Scotland                                                    
49.02 Property   1 259 Reynolds                                                    
50 Loan   7 CityLine Storage Express Portfolio 3.51000% 0.00998% 3.50002% NAP 19,751.06 NAP 237,012.72 Interest Only No Actual/360 120 120 120 120 0 0 11/12/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(92),O(4)
50.01 Property   1 Storage Express - Waverly                                                    
50.02 Property   1 Storage Express - Chapel Hill                                                    
50.03 Property   1 Storage Express - Pulaski                                                    
50.04 Property   1 Storage Express - Hohenwald                                                    
50.05 Property   1 Storage Express - Mt. Pleasant                                                    
50.06 Property   1 Storage Express - Shelbyville                                                    
50.07 Property   1 Storage Express - Lawrenceburg                                                    
51 Loan   1 145 Saw Mill Road 3.58000% 0.00998% 3.57002% 29,932.47 19,963.47 359,189.64 239,561.64 Interest Only, Amortizing Balloon No Actual/360 36 36 120 120 360 360 11/9/2021 0 6 1/6/2022 1/6/2025 12/6/2031 NAP 0 0 L(24),D(91),O(5)
52 Loan   1 Springfield Plaza 3.60000% 0.00998% 3.59002% 29,551.95 NAP 354,623.40 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 10/27/2021 1 6 12/6/2021 12/6/2021 11/6/2031 NAP 0 0 L(25),D(90),O(5)
53 Loan   1 Willow Tree Apartments 3.73000% 0.05998% 3.67002% NAP 17,963.58 NAP 215,562.96 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
54 Loan   1 233 Jackson Street 3.64000% 0.00998% 3.63002% NAP 12,301.85 NAP 147,622.20 Interest Only No Actual/360 120 120 120 120 0 0 11/17/2021 0 6 1/6/2022 NAP 12/6/2031 NAP 0 0 L(24),D(93),O(3)
55 Loan   1 Fresenius Medical Center Melbourne 3.98000% 0.00998% 3.97002% NAP 12,105.83 NAP 145,269.96 Interest Only No Actual/360 120 119 120 119 0 0 10/22/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(92),O(3)
56 Loan 116 1 1048 Manzanita 4.10000% 0.00998% 4.09002% NAP 8,313.89 NAP 99,766.68 Interest Only No Actual/360 120 119 120 119 0 0 10/29/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(88),O(7)
57 Loan 117 1 CVS Newnan 4.43000% 0.00998% 4.42002% NAP 5,988.70 NAP 71,864.40 Interest Only No Actual/360 120 119 120 119 0 0 10/26/2021 1 6 12/6/2021 NAP 11/6/2031 NAP 0 0 L(25),D(92),O(3)

 

    

 

 

                                                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Most Recent EGI ($) Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date Most Recent Description Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x) Underwritten NCF DSCR (x) Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%)
                                                      4 4    
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 98.5% 92,929,288 12,225,756 80,703,532 137,285 0 80,566,247 3.50 3.50 9.9% 9.9%
2 Loan 20, 21, 22, 23 1 Greenwich Office Park 14,000,542 4,981,607 9,018,934 8/30/2021 T-12 13,352,236 5,018,602 8,333,634 12/31/2020 T-12 13,346,892 5,353,168 7,993,724 12/31/2019 T-12 82.7% 14,906,114 5,106,790 9,799,323 -214,188 514,874 9,498,638 3.16 3.06 10.4% 10.1%
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ 31,298,297 13,037,472 18,260,825 12/31/2020 T-12 30,760,774 13,393,492 17,367,282 12/31/2019 T-12 29,488,325 12,812,629 16,675,696 12/31/2018 T-12 78.0% 32,650,130 13,331,718 19,318,412 146,221 0 19,172,191 3.19 3.16 9.2% 9.1%
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive 38,682,848 8,088,398 30,594,450 12/31/2020 T-12 37,500,457 8,064,155 29,436,302 12/31/2019 T-12 NAV NAV NAV NAV NAV 96.0% 39,738,327 9,140,405 30,597,922 81,884 818,844 29,697,194 3.74 3.63 10.2% 9.9%
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio 7,928,846 2,253,922 5,674,924 8/31/2021 T-12 6,987,764 2,182,485 4,805,280 12/31/2020 T-12 6,293,845 1,971,808 4,322,038 12/31/2019 T-12 94.4% 9,299,001 2,682,691 6,616,310 511,949 311,996 5,792,365 3.44 3.01 11.3% 9.9%
5.01 Property   1 5000 East Raines Road 4,071,037 1,033,340 3,037,697 8/31/2021 T-12 3,398,566 1,041,929 2,356,638 12/31/2020 T-12 2,508,353 864,222 1,644,131 12/31/2019 T-12 100.0% 4,530,459 1,259,317 3,271,142 224,835 49,651 2,996,657        
5.02 Property   1 6125 Shelby Drive 1,298,039 336,884 961,156 8/31/2021 T-12 1,330,428 280,355 1,050,073 12/31/2020 T-12 1,609,174 255,461 1,353,713 12/31/2019 T-12 100.0% 1,366,347 427,543 938,804 100,478 16,122 822,204        
5.03 Property   1 4219 Air Trans Road 973,600 281,382 692,218 8/31/2021 T-12 772,871 251,074 521,798 12/31/2020 T-12 706,255 208,620 497,635 12/31/2019 T-12 93.1% 1,130,540 269,701 860,839 97,448 15,583 747,809        
5.04 Property   1 4502 Maass Road 753,497 400,065 353,432 8/31/2021 T-12 695,122 413,618 281,504 12/31/2020 T-12 780,842 440,791 340,050 12/31/2019 T-12 73.2% 1,294,061 499,116 794,944 15,496 221,368 558,080        
5.05 Property   1 3615 Lamar Avenue 399,101 118,480 280,620 8/31/2021 T-12 382,343 114,062 268,281 12/31/2020 T-12 286,247 120,353 165,894 12/31/2019 T-12 100.0% 616,330 128,366 487,965 43,292 4,789 439,884        
5.06 Property   1 3638-3684 Contract Road 433,573 83,772 349,801 8/31/2021 T-12 408,434 81,448 326,986 12/31/2020 T-12 402,975 82,360 320,614 12/31/2019 T-12 100.0% 361,264 98,649 262,615 30,400 4,484 227,731        
6 Loan   2 Hall Office Portfolio 6,821,105 2,905,393 3,915,712 6/30/2021 T-12 7,384,983 2,885,275 4,499,708 12/31/2020 T-12 7,444,974 2,924,623 4,520,351 12/31/2019 T-12 92.5% 8,190,936 2,865,252 5,325,684 59,642 298,190 4,967,852 1.64 1.53 9.2% 8.6%
6.01 Property   1 Building E1 2,779,874 1,450,029 1,329,845 6/30/2021 T-12 3,266,743 1,435,898 1,830,845 12/31/2020 T-12 4,054,188 1,434,082 2,620,107 12/31/2019 T-12 89.4% 4,243,850 1,425,486 2,818,364 28,916 144,482 2,644,965        
6.02 Property   1 Freeport 9 4,041,231 1,455,363 2,585,868 6/30/2021 T-12 4,118,239 1,449,376 2,668,863 12/31/2020 T-12 3,390,785 1,490,542 1,900,244 12/31/2019 T-12 96.1% 3,947,087 1,439,766 2,507,320 30,726 153,707 2,322,887        
7 Loan 8, 35, 36, 37, 38 1 La Encantada 11,458,478 2,967,871 8,490,607 7/31/2021 T-12 11,959,905 2,849,069 9,110,836 12/31/2020 T-12 13,226,187 2,900,549 10,325,638 12/31/2019 T-12 89.3% 13,006,834 3,560,488 9,446,346 49,191 0 9,397,155 2.72 2.70 9.3% 9.2%
8 Loan 8, 39 3 TLR Portfolio 9,224,011 3,317,415 5,906,596 9/30/2021 T-12 8,723,530 3,285,759 5,437,771 12/31/2020 T-12 8,228,080 3,297,964 4,930,116 12/31/2019 T-12 94.2% 9,477,000 3,353,170 6,123,830 172,000 0 5,951,830 1.83 1.78 7.4% 7.2%
8.01 Property   1 Bahia Apartments 4,363,218 1,371,572 2,991,646 9/30/2021 T-12 4,129,623 1,361,335 2,768,288 12/31/2020 T-12 3,872,242 1,440,875 2,431,367 12/31/2019 T-12 94.3% 4,475,871 1,392,998 3,082,873 80,000 0 3,002,873        
8.02 Property   1 Royal Breeze Apartments 2,993,075 1,228,463 1,764,612 9/30/2021 T-12 2,846,689 1,199,702 1,646,987 12/31/2020 T-12 2,684,478 1,125,731 1,558,748 12/31/2019 T-12 95.1% 3,050,019 1,231,594 1,818,425 50,000 0 1,768,425        
8.03 Property   1 Lenox Place Apartments 1,867,718 717,379 1,150,339 9/30/2021 T-12 1,747,218 724,722 1,022,496 12/31/2020 T-12 1,671,360 731,359 940,001 12/31/2019 T-12 92.6% 1,951,110 728,578 1,222,532 42,000 0 1,180,532        
9 Loan 40, 41 1 40 Gansevoort 6,417,400 2,819,921 3,597,480 9/30/2021 T-12 6,777,492 3,244,761 3,532,731 12/31/2020 T-12 5,496,488 2,362,599 3,133,889 12/31/2019 T-12 95.0% 6,710,947 3,103,369 3,607,578 11,945 62,047 3,533,587 1.96 1.92 7.9% 7.7%
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio 8,727,122 3,334,394 5,392,728 8/31/2021 T-12 8,357,948 3,332,056 5,025,892 12/31/2020 T-12 8,468,259 3,439,906 5,028,352 12/31/2019 T-12 80.0% 8,952,960 3,372,474 5,580,486 160,446 537,379 4,882,661 2.46 2.15 12.8% 11.2%
10.01 Property   1 50 Penn Place 3,736,460 1,532,559 2,203,901 8/31/2021 T-12 3,539,816 1,512,656 2,027,160 12/31/2020 T-12 3,450,308 1,577,847 1,872,460 12/31/2019 T-12 84.6% 4,163,210 1,553,433 2,609,777 79,261 274,567 2,255,950        
10.02 Property   1 Beacon Ridge Tower 2,376,243 747,773 1,628,470 8/31/2021 T-12 2,361,260 761,527 1,599,733 12/31/2020 T-12 2,353,797 798,247 1,555,551 12/31/2019 T-12 68.4% 1,953,055 740,619 1,212,436 38,322 104,232 1,069,882        
10.03 Property   1 100 Concourse 1,688,001 614,002 1,073,998 8/31/2021 T-12 1,479,742 614,132 865,610 12/31/2020 T-12 1,579,455 620,316 959,140 12/31/2019 T-12 76.2% 1,851,992 625,428 1,226,564 31,399 105,271 1,089,894        
10.04 Property   1 800 Concourse 926,418 440,059 486,358 8/31/2021 T-12 977,130 443,741 533,389 12/31/2020 T-12 1,084,699 443,497 641,202 12/31/2019 T-12 100.0% 984,703 452,994 531,709 11,464 53,309 466,936        
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 9,542,595 3,331,279 6,211,316 77,500 0 6,133,816 3.17 3.13 14.4% 14.3%
12 Loan   6 JMT Chicago Multi Portfolio 5,912,072 2,717,182 3,194,890 9/30/2021 T-12 5,775,632 2,559,275 3,216,357 12/31/2020 T-12 5,594,812 2,535,301 3,059,511 12/31/2019 T-12 94.6% 6,228,554 2,724,182 3,504,373 145,152 0 3,359,220 2.15 2.06 8.2% 7.9%
12.01 Property   1 Somerset I 2,724,847 1,237,237 1,487,610 9/30/2021 T-12 2,668,620 1,177,779 1,490,841 12/31/2020 T-12 2,617,479 1,140,206 1,477,273 12/31/2019 T-12 97.9% 2,925,127 1,226,941 1,698,186 57,002 0 1,641,183        
12.02 Property   1 Oak Lawn 816,848 396,384 420,464 9/30/2021 T-12 819,876 361,079 458,797 12/31/2020 T-12 755,741 350,839 404,902 12/31/2019 T-12 89.8% 838,003 387,965 450,038 26,212 0 423,827        
12.03 Property   1 Somerset II 827,711 357,803 469,908 9/30/2021 T-12 801,863 340,282 461,581 12/31/2020 T-12 797,763 362,261 435,502 12/31/2019 T-12 94.4% 854,254 371,326 482,928 23,202 0 459,726        
12.04 Property   1 Kenmore 624,153 244,831 379,322 9/30/2021 T-12 608,082 244,266 363,816 12/31/2020 T-12 648,135 253,743 394,392 12/31/2019 T-12 88.0% 634,549 256,700 377,850 11,884 0 365,966        
12.05 Property   1 Somerset III 486,019 215,879 270,140 9/30/2021 T-12 460,201 227,375 232,826 12/31/2020 T-12 391,206 226,697 164,509 12/31/2019 T-12 94.0% 505,468 229,846 275,622 15,617 0 260,005        
12.06 Property   1 Washington 432,494 265,047 167,447 9/30/2021 T-12 416,990 208,495 208,495 12/31/2020 T-12 384,488 201,555 182,933 12/31/2019 T-12 93.8% 471,154 251,404 219,750 11,236 0 208,514        
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 5,984,560 179,537 5,805,023 52,324 191,226 5,561,473 2.45 2.35 9.2% 8.8%
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio 13,213,202 6,167,522 7,045,679 9/30/2021 T-12 13,433,892 6,111,127 7,322,765 12/31/2020 T-12 13,043,100 5,739,758 7,303,342 12/31/2019 T-12 95.0% 14,219,467 6,214,615 8,004,852 76,807 512,047 7,415,998 3.39 3.14 12.5% 11.6%
14.01 Property   1 Nyberg Rivers NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV        
14.02 Property   1 Nyberg Woods NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV        
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 5,786,692 173,601 5,613,092 121,617 405,390 5,086,085 2.27 2.06 8.9% 8.1%
15.01 Property   1 2314 Sybrandt Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV        
15.02 Property   1 110 Sara Lee Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV        
15.03 Property   1 1528 South Hayford Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV        
15.04 Property   1 105 Ashland Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV        
16 Loan   1 The Colony Cooperative 12,319,636 10,772,663 1,546,973 7/31/2021 T-12 12,322,875 10,176,347 2,146,528 12/31/2020 T-12 12,209,068 10,194,785 2,014,283 12/31/2019 T-12 95.0% 21,140,468 8,288,187 12,852,281 137,895 11,640 12,702,745 9.06 8.95 36.6% 36.1%
17 Loan 64 1 Hyde Park Gardens Cooperative 1,137,450 8,723,668 (7,586,218) 9/30/2021 T-12 1,242,110 8,265,798 (7,023,688) 12/31/2020 T-12 1,237,480 7,773,005 (6,535,525) 12/31/2019 T-12 97.0% 17,513,046 9,150,155 8,362,891 186,500 0 8,176,391 5.45 5.33 25.8% 25.2%
18 Loan 65 1 SolutionReach 4,042,608 910,977 3,131,631 8/31/2021 T-12 4,030,012 919,726 3,110,286 12/31/2020 T-12 NAV NAV NAV NAV NAV 95.0% 3,922,633 878,869 3,043,763 29,129 145,646 2,868,988 2.26 2.13 10.0% 9.4%
19 Loan 8, 66 1 The Veranda 16,420,997 6,536,810 9,884,188 7/31/2021 T-12 14,437,383 6,383,539 8,053,843 12/31/2020 T-12 12,456,631 6,146,158 6,310,473 12/31/2019 T-12 95.0% 17,114,163 6,553,680 10,560,483 54,759 182,531 10,323,193 3.48 3.41 10.6% 10.3%
20 Loan 67, 68 2 Harbor Bay Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,739,303 1,291,095 1,448,208 20,889 111,792 1,315,528 2.23 2.06 8.9% 8.3%
20.01 Property   1 PGA Tour Superstore NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,130,143 364,624 765,519 5,588 25,289 734,642        
20.02 Property   1 Denver West Office 1,522,934 761,579 761,355 8/31/2021 T-12 1,545,030 772,034 772,996 12/31/2020 T-12 1,481,825 888,483 593,342 12/31/2019 T-12 95.0% 1,609,160 926,471 682,689 15,301 86,502 580,886        
21 Loan 68, 69 1 Fresenius Industrial NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.6% 1,500,278 748,592 751,687 17,338 18,174 716,176 2.23 2.06 8.9% 8.3%
22 Loan 70 1 435 North Roxbury 3,114,017 926,542 2,187,475 6/30/2021 T-12 3,042,557 909,445 2,133,112 12/31/2020 T-12 2,900,094 821,484 2,078,610 12/31/2019 T-12 92.5% 3,590,678 1,074,290 2,516,388 8,757 87,572 2,420,059 3.69 3.55 10.8% 10.4%
23 Loan 71 1 466 Broome Street 1,875,785 782,435 1,093,350 5/31/2021 T-12 1,673,055 923,013 750,042 12/31/2020 T-12 3,392,081 924,765 2,467,316 12/31/2019 T-12 92.0% 2,651,955 852,572 1,799,383 27,348 85,605 1,686,430 1.96 1.84 7.8% 7.3%
24 Loan 72 1 Intuitive Surgical Sunnyvale NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 94.0% 4,309,605 1,445,277 2,864,328 28,456 246,515 2,589,358 4.56 4.13 13.6% 12.3%
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio 1,646,215 616,174 1,030,041 6/30/2021 T-12 1,823,216 645,614 1,177,602 12/31/2020 T-12 2,456,425 604,567 1,851,858 12/31/2019 T-12 94.1% 2,411,865 698,191 1,713,674 15,443 37,817 1,660,413 2.19 2.12 8.2% 7.9%
25.01 Property   1 459 Park Ave S 421,975 75,735 346,240 6/30/2021 T-12 448,378 81,874 366,504 12/31/2020 T-12 535,100 74,146 460,954 12/31/2019 T-12 96.8% 510,205 101,060 409,145 3,510 9,560 396,075        
25.02 Property   1 147 W 111th St 236,518 73,505 163,012 6/30/2021 T-12 378,778 71,048 307,730 12/31/2020 T-12 464,346 65,301 399,045 12/31/2019 T-12 90.1% 447,540 89,124 358,416 2,915 0 355,501        
25.03 Property   1 210 W 35th St 328,859 142,824 186,035 6/30/2021 T-12 273,605 162,858 110,747 12/31/2020 T-12 540,104 144,412 395,692 12/31/2019 T-12 95.0% 547,227 146,586 400,641 1,337 16,417 382,887        
25.04 Property   1 60 Pearl St 331,150 133,846 197,305 6/30/2021 T-12 383,097 142,156 240,941 12/31/2020 T-12 502,747 139,872 362,875 12/31/2019 T-12 96.7% 518,105 163,832 354,273 2,121 10,071 342,081        
25.05 Property   1 442-444 W 50th St 327,713 190,265 137,449 6/30/2021 T-12 339,358 187,678 151,680 12/31/2020 T-12 414,128 180,836 233,292 12/31/2019 T-12 91.0% 388,789 197,589 191,200 5,560 1,770 183,870        
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega 9,426,667 2,103,305 7,323,362 6/30/2021 T-12 9,733,855 2,115,805 7,618,050 12/31/2020 T-12 8,035,372 2,181,126 5,854,246 12/31/2019 T-12 93.2% 10,276,791 2,265,279 8,011,513 61,178 398,772 7,551,563 2.52 2.37 8.9% 8.4%
27 Loan 82 1 Southlake Center 12,285,169 3,417,000 8,868,169 9/30/2021 T-12 10,922,228 3,491,408 7,430,820 12/31/2020 T-12 11,636,273 3,851,305 7,784,968 12/31/2019 T-12 85.0% 11,267,054 4,384,866 6,882,188 184,585 451,033 6,246,570 5.77 5.24 34.5% 31.3%
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons 5,706,395 2,170,499 3,535,895 5/31/2021 T-12 5,850,796 2,144,600 3,706,195 12/31/2020 T-12 6,597,967 2,205,621 4,392,346 12/31/2019 T-12 85.8% 6,119,441 2,092,357 4,027,085 98,368 226,894 3,701,823 1.55 1.42 8.6% 7.9%
29 Loan   1 Westward Ho 1,856,971 373,354 1,483,616 9/30/2021 T-12 1,774,951 368,914 1,406,037 12/31/2020 T-12 1,688,610 348,157 1,340,452 12/31/2019 T-12 95.0% 1,959,898 585,984 1,373,914 6,550 0 1,367,364 1.91 1.90 7.4% 7.4%
30 Loan 86, 87 1 Greystone Lofts 2,523,628 965,880 1,557,748 8/31/2021 T-12 2,420,484 1,026,261 1,394,223 12/31/2020 T-12 2,387,735 1,154,857 1,232,878 12/31/2019 T-12 95.0% 2,566,837 1,016,421 1,550,415 37,500 0 1,512,915 2.11 2.06 8.5% 8.3%
31 Loan 88 3 SLJ Portfolio 3,114,019 748,092 2,365,927 7/31/2021 T-12 2,642,739 763,695 1,879,043 12/31/2020 T-12 2,857,759 769,103 2,088,656 12/31/2019 T-12 89.4% 2,976,335 880,092 2,096,243 27,553 94,544 1,974,146 3.46 3.26 11.6% 11.0%
31.01 Property   1 162-24 Jamaica Ave 2,078,815 607,069 1,471,747 7/31/2021 T-12 1,605,807 565,961 1,039,846 12/31/2020 T-12 1,775,845 562,162 1,213,683 12/31/2019 T-12 83.9% 1,842,049 631,251 1,210,798 18,198 52,036 1,140,564        
31.02 Property   1 300 US Highway 202 689,763 38,207 651,556 7/31/2021 T-12 686,940 108,643 578,297 12/31/2020 T-12 807,021 108,101 698,919 12/31/2019 T-12 100.0% 734,500 135,838 598,662 2,911 27,758 567,993        
31.03 Property   1 2706 Route 22 345,441 102,816 242,624 7/31/2021 T-12 349,991 89,091 260,900 12/31/2020 T-12 274,893 98,840 176,053 12/31/2019 T-12 100.0% 399,785 113,002 286,783 6,444 14,750 265,589        
32 Loan 89, 90, 91, 92 6 SLF Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,317,140 676,826 1,640,314 22,925 65,901 1,551,488 2.30 2.17 9.1% 8.6%
32.01 Property   1 Torrance NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 420,197 115,555 304,642 1,061 12,917 290,663        
32.02 Property   1 West Jordan NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 330,158 51,340 278,818 1,817 8,000 269,001        
32.03 Property   1 Bristol NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 513,214 176,085 337,129 6,949 11,651 318,529        
32.04 Property   1 Chattanooga NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 445,811 157,274 288,536 8,873 9,970 269,694        
32.05 Property   1 Wheaton NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 276,232 51,335 224,897 850 8,968 215,080        
32.06 Property   1 Albertville 216,909 7,833 209,076 12/31/2020 T-12 213,704 7,731 205,972 12/31/2019 T-12 NAV NAV NAV NAV NAV 95.0% 331,529 125,237 206,292 3,375 14,396 188,521        
33 Loan 93, 94 1 223 Quaker Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.2% 2,192,474 573,439 1,619,036 13,626 76,287 1,529,123 2.57 2.42 9.1% 8.6%
34 Loan 95, 96 1 Junction 4121 1,724,356 706,085 1,018,270 9/30/2021 T-12 367,302 470,939 (103,637) 12/31/2020 T-12 NAV NAV NAV NAV NAV 95.0% 2,220,200 733,756 1,486,444 8,543 7,978 1,469,923 2.22 2.19 8.4% 8.4%
35 Loan 97, 98, 99 1 Belcan HQ NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,902,996 1,256,598 1,646,398 27,083 116,120 1,503,196 2.64 2.41 10.4% 9.5%
36 Loan 100, 101, 102 1 87-10 Northern Boulevard 1,743,435 734,679 1,008,757 8/31/2021 T-12 1,596,475 708,359 888,116 12/31/2020 T-12 1,926,325 815,211 1,111,114 12/31/2019 T-12 95.1% 2,310,989 994,024 1,316,965 9,223 49,131 1,258,611 2.16 2.07 8.7% 8.3%
37 Loan 103 1 Lake Drive Plaza 1,441,632 317,311 1,124,321 9/30/2021 T-12 1,573,851 337,080 1,236,770 12/31/2020 T-12 1,505,260 293,501 1,211,759 12/31/2019 T-12 92.7% 1,623,544 322,398 1,301,146 24,095 38,188 1,238,863 3.04 2.90 9.8% 9.3%
38 Loan   1 Franklin Square 1,968,286 543,252 1,425,034 8/31/2021 T-12 2,054,889 566,500 1,488,390 12/31/2020 T-12 2,426,090 593,194 1,832,896 12/31/2019 T-12 82.5% 1,969,450 599,386 1,370,065 -43,152 93,967 1,319,250 1.85 1.78 10.3% 10.0%
39 Loan   1 901 Corporate 2,295,605 498,466 1,797,139 9/30/2021 T-12 2,317,230 546,043 1,771,187 12/31/2020 T-12 NAV NAV NAV NAV NAV 95.0% 2,344,873 538,842 1,806,031 19,273 111,655 1,675,103 4.51 4.18 14.2% 13.1%
40 Loan 104 1 Home Depot Nanuet 1,118,000 0 1,118,000 12/31/2020 T-12 1,118,000 0 1,118,000 12/31/2019 T-12 1,118,000 0 1,118,000 12/31/2018 T-12 95.0% 1,112,026 0 1,112,026 0 46,902 1,065,124 2.29 2.19 9.3% 8.9%
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,508,360 552,869 955,491 7,057 58,809 889,625 1.62 1.51 9.1% 8.5%
42 Loan 110 1 FedEx Topeka NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 844,638 25,339 819,299 2,708 0 816,591 2.11 2.11 8.3% 8.3%
43 Loan   1 Fondren Hill Apartments 1,172,014 392,400 779,614 9/30/2021 T-12 1,078,250 436,457 641,793 12/31/2020 T-12 966,373 438,467 527,906 12/31/2019 T-6 Ann 93.6% 1,212,760 389,729 823,031 24,000 0 799,031 1.41 1.37 8.4% 8.2%
44 Loan 111 1 Brookside Industrial Park 1,147,590 427,295 720,295 7/31/2021 T-12 1,056,571 463,147 593,424 12/31/2020 T-12 NAV NAV NAV NAV NAV 89.3% 1,354,089 467,474 886,616 70,133 91,985 724,497 3.22 2.63 10.8% 8.8%
45 Loan 112 1 Shoppes of Mason 1,018,379 405,182 613,197 12/31/2020 T-12 1,027,510 424,938 602,571 12/31/2019 T-12 1,024,010 396,585 627,425 12/31/2018 T-12 96.1% 1,179,532 457,142 722,389 16,160 23,068 683,161 2.37 2.24 9.3% 8.8%
46 Loan   1 560 Village Boulevard 1,501,994 577,231 924,763 6/30/2021 T-12 1,558,786 556,260 1,002,526 12/31/2020 T-12 1,502,204 525,860 976,344 12/31/2019 T-12 93.9% 1,513,712 625,755 887,957 12,599 84,801 790,557 3.46 3.08 11.8% 10.5%
47 Loan 113, 114 1 7670 Woodway 1,025,913 521,320 504,593 6/30/2021 T-12 977,375 435,117 542,259 12/31/2020 T-12 NAV NAV NAV NAV NAV 91.2% 1,390,696 541,725 848,971 14,138 49,439 785,395 2.06 1.91 11.7% 10.8%
48 Loan 115 2 Maize & Blue 2 Pack 1,124,047 337,108 786,939 8/31/2021 T-12 1,097,645 325,018 772,627 12/31/2020 T-12 1,091,524 329,167 762,357 12/31/2019 T-12 95.0% 1,093,848 337,378 756,470 16,200 0 740,270 2.92 2.86 10.8% 10.6%
48.01 Property   1 1320 South University Avenue 849,135 239,340 609,795 8/31/2021 T-12 835,544 229,467 606,077 12/31/2020 T-12 829,821 243,953 585,868 12/31/2019 T-12 95.0% 825,354 238,868 586,487 10,800 0 575,687        
48.02 Property   1 511 East Hoover Avenue 274,912 97,767 177,145 8/31/2021 T-12 262,101 95,551 166,550 12/31/2020 T-12 261,703 85,214 176,489 12/31/2019 T-12 95.0% 268,494 98,510 169,983 5,400 0 164,583        
49 Loan   2 259 Reynolds & 678 Scotland 760,988 313,843 447,146 8/31/2021 T-12 713,100 324,917 388,183 12/31/2020 T-12 NAV NAV NAV NAV NAV 96.3% 876,737 332,154 544,583 18,889 0 525,694 2.07 2.00 7.8% 7.5%
49.01 Property   1 678 Scotland 390,827 157,817 233,010 8/31/2021 T-12 374,264 163,259 211,005 12/31/2020 T-12 363,219 210,825 152,394 12/31/2019 T-12 96.8% 441,288 167,561 273,727 11,552 0 262,175        
49.02 Property   1 259 Reynolds 370,162 156,026 214,136 8/31/2021 T-12 338,836 161,658 177,178 12/31/2020 T-12 NAV NAV NAV NAV NAV 95.7% 435,450 164,593 270,857 7,337 0 263,520        
50 Loan   7 CityLine Storage Express Portfolio 900,769 282,677 618,092 9/30/2021 T-12 801,801 260,470 541,332 12/31/2020 T-12 803,873 259,507 544,367 12/31/2019 T-12 84.1% 900,769 270,362 630,407 10,705 0 619,702 2.66 2.61 9.5% 9.3%
50.01 Property   1 Storage Express - Waverly 200,135 62,717 137,418 9/30/2021 T-12 174,742 59,022 115,720 12/31/2020 T-12 176,713 57,834 118,879 12/31/2019 T-12 84.1% 200,135 63,893 136,242 2,617 0 133,625        
50.02 Property   1 Storage Express - Chapel Hill 139,983 41,759 98,224 9/30/2021 T-12 116,680 38,675 78,005 12/31/2020 T-12 111,271 38,420 72,851 12/31/2019 T-12 88.0% 139,983 39,115 100,868 1,369 0 99,499        
50.03 Property   1 Storage Express - Pulaski 128,223 36,205 92,018 9/30/2021 T-12 121,187 29,794 91,392 12/31/2020 T-12 115,027 29,282 85,744 12/31/2019 T-12 90.5% 128,223 33,884 94,338 1,064 0 93,274        
50.04 Property   1 Storage Express - Hohenwald 128,803 37,126 91,677 9/30/2021 T-12 117,347 34,308 83,039 12/31/2020 T-12 109,460 34,607 74,854 12/31/2019 T-12 84.1% 128,803 34,236 94,567 2,115 0 92,452        
50.05 Property   1 Storage Express - Mt. Pleasant 126,622 43,781 82,840 9/30/2021 T-12 110,132 40,178 69,954 12/31/2020 T-12 123,059 39,847 83,212 12/31/2019 T-12 80.7% 126,622 39,427 87,195 1,824 0 85,371        
50.06 Property   1 Storage Express - Shelbyville 114,906 41,913 72,993 9/30/2021 T-12 108,237 39,417 68,820 12/31/2020 T-12 117,236 40,745 76,491 12/31/2019 T-12 78.2% 114,906 42,886 72,020 1,160 0 70,860        
50.07 Property   1 Storage Express - Lawrenceburg 62,097 19,175 42,922 9/30/2021 T-12 53,477 19,076 34,401 12/31/2020 T-12 51,108 18,772 32,336 12/31/2019 T-12 82.2% 62,097 16,920 45,177 557 0 44,620        
51 Loan   1 145 Saw Mill Road 971,330 461,921 509,409 9/30/2021 T-12 850,754 464,523 386,231 12/31/2020 T-12 872,391 468,777 403,615 12/31/2019 T-12 95.0% 1,079,641 500,410 579,231 18,318 0 560,914 1.61 1.56 8.8% 8.5%
52 Loan   1 Springfield Plaza 1,448,895 478,582 970,313 7/31/2021 T-7 Ann 1,055,217 533,730 521,487 12/31/2020 T-12 1,107,852 428,408 679,444 6/30/2019 T-12 85.8% 1,284,848 522,612 762,236 70,638 68,319 623,278 2.15 1.76 11.7% 9.6%
53 Loan   1 Willow Tree Apartments 1,048,305 487,271 561,034 9/30/2021 T-12 1,024,972 465,903 559,069 12/31/2020 T-12 1,013,406 473,989 539,417 12/31/2019 T-12 95.0% 1,040,406 495,988 544,418 27,300 0 517,118 2.53 2.40 9.6% 9.1%
54 Loan   1 233 Jackson Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 338,580 37,809 300,771 1,500 0 299,271 2.04 2.03 7.5% 7.5%
55 Loan   1 Fresenius Medical Center Melbourne NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.0% 397,768 30,391 367,376 1,559 5,750 360,067 2.53 2.48 10.2% 10.0%
56 Loan 116 1 1048 Manzanita 280,841 126,736 154,105 9/30/2021 T-12 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 364,226 73,794 290,432 1,800 0 288,632 2.91 2.89 12.1% 12.0%
57 Loan 117 1 CVS Newnan NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.0% 145,106 4,353 140,753 1,519 0 139,234 1.96 1.94 8.8% 8.7%

 

    

 

 

                                                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Appraised Value ($) Appraised Value Type Appraisal Date Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%) Occupancy Date Single Tenant (Y/N) Largest Tenant Largest Tenant SF Largest Tenant % of NRA Largest Tenant Lease Expiration Date Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF
                    5           6       6       6       6    
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street 1,954,000,000 Prospective Market Value Upon Completion & Stabilization 4/1/2023 41.7% 41.7% 100.0% 10/14/2021 Yes Aventis Inc. 915,233 100.0% 11/30/2036 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 20, 21, 22, 23 1 Greenwich Office Park 146,500,000 As Is 8/10/2021 64.2% 64.2% 82.8% 11/16/2021 No Orthopedic and Neurological 38,479 11.2% 10/31/2029 Starwood Capital Operations LLC 24,027 7.0% 2/28/2023 Platinum Equity Advisors 15,747 4.6% 11/30/2029 MarbleGate 15,494 4.5% 11/14/2030 Stark Office Stes Of Greenwich 14,752
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ 330,000,000 As Is 9/21/2021 63.8% 63.8% 77.0% 12/6/2021 Yes Novo Nordisk 563,289 77.0% 4/30/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive 828,000,000 As Is 8/31/2021 36.1% 36.1% 98.5% 9/1/2021 No InterSystems Corporation 239,417 58.5% 3/31/2028 Microsoft Corporation 156,849 38.3% 6/30/2028 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio 100,700,000 As Is Various 58.1% 58.1% 98.1%                                        
5.01 Property   1 5000 East Raines Road 44,900,000 As Is 10/19/2021     100.0% 10/1/2021 No Thyssenkrupp Supply Chain Services NA, Inc. 581,345 51.5% 12/31/2021 Premier Packaging, Inc. 346,147 30.7% 1/31/2023 Neovia Logistics Services, LLC 200,672 17.8% 5/31/2024 NAP NAP NAP NAP NAP NAP
5.02 Property   1 6125 Shelby Drive 18,400,000 As Is 10/19/2021     100.0% 10/1/2021 No Supply Chain Solutions LLC 180,407 38.7% 12/31/2023 CNA Freight, LLC 143,893 30.8% 1/31/2024 WAR Logistics, Inc. 142,165 30.5% 6/30/2022 NAP NAP NAP NAP NAP NAP
5.03 Property   1 4219 Air Trans Road 12,100,000 As Is 10/19/2021     92.3% 10/1/2021 No Thyssenkrupp Supply Chain Services NA, Inc. 144,000 46.2% 11/30/2022 Blues City Brewery 96,000 30.8% MTM Foxridge, LLC 48,000 15.4% 12/31/2023 NAP NAP NAP NAP NAP NAP
5.04 Property   1 4502 Maass Road 11,700,000 As Is 10/18/2021     76.3% 11/18/2021 No Nebraska Defense Research Corporation 21,373 25.7% 3/31/2027 Department of Administrative Services 14,280 17.2% 4/30/2038 Saint Francis Community Services in Nebraska, Inc. 11,740 14.1% 6/30/2024 Reagan, Melton, and Delaney, LLP 6,526 7.8% 10/31/2025 Alfred Benesch & Company 4,831
5.05 Property   1 3615 Lamar Avenue 8,800,000 As Is 10/19/2021     100.0% 12/6/2021 Yes Hood Container Corporation 157,408 100.0% 12/31/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.06 Property   1 3638-3684 Contract Road 4,800,000 As Is 10/19/2021     100.0% 10/1/2021 No Building Plastics, Inc 88,802 75.0% 12/31/2024 ASSA ABLOY Accessories and Door Controls Group, Inc. 17,544 14.8% 5/31/2022 Kenyatta Hardin 12,024 10.2% 2/28/2022 NAP NAP NAP NAP NAP NAP
6 Loan   2 Hall Office Portfolio 85,670,000 As Is Various 67.7% 53.4% 94.9%                                        
6.01 Property   1 Building E1 45,110,000 As Is 10/22/2021     89.4% 9/28/2021 No Transplace Texas 39,151 27.1% 11/30/2028 Corepoint Health, LLC 23,209 16.1% 1/31/2027 Garver LLC 19,625 13.6% 11/30/2023 Haskell 14,237 9.8% 12/31/2023 Reliance Jio Infocomm USA 13,258
6.02 Property   1 Freeport 9 40,560,000 As Is 9/15/2021     100.0% 12/6/2021 Yes WageWorks, Inc. 153,630 100.0% 4/30/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 8, 35, 36, 37, 38 1 La Encantada 173,700,000 As Is 6/5/2021 58.7% 58.7% 89.7% 9/1/2021 No AJ's Fine Foods 28,692 11.7% 1/31/2024 Crate & Barrel 22,560 9.2% 1/31/2024 Pottery Barn 12,916 5.3% 1/31/2026 West Elm 11,029 4.5% 1/31/2031 Anthropologie 10,430
8 Loan 8, 39 3 TLR Portfolio 127,000,000 As Portfolio 10/13/2021 65.4% 65.4% 97.5%                                        
8.01 Property   1 Bahia Apartments 61,500,000 As Is 10/13/2021     96.3% 10/8/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.02 Property   1 Royal Breeze Apartments 37,200,000 As Is 10/13/2021     99.5% 10/8/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.03 Property   1 Lenox Place Apartments 24,800,000 As Is 10/13/2021     97.6% 10/8/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 40, 41 1 40 Gansevoort 67,000,000 As Is 10/1/2021 68.1% 68.1% 100.0% 12/1/2021 Yes Theory 62,047 100.0% 10/31/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio 62,000,000 As Is Various 70.2% 64.4% 78.9%                                        
10.01 Property   1 50 Penn Place 27,400,000 As Is 10/1/2021     84.4% 10/1/2021 No Community Strategies, Inc. 39,696 12.5% 7/31/2028 iHeartMedia + Entertainment, Inc. 22,095 7.0% 8/31/2025 Relx Inc. 12,315 3.9% 1/31/2022 Belle Isle Restaurant & Brewing Company Limited Partnership 12,080 3.8% 9/30/2023 Regent Bank 8,452
10.02 Property   1 Beacon Ridge Tower 15,400,000 As Is 9/24/2021     64.4% 10/1/2021 No PRA Holding, LLC/Portfolio Recovery 33,900 22.1% 3/31/2026 Clear Channel Broadcasting, Inc./iHeartMedia 17,081 11.1% 3/31/2025 MuniServices, LLC 16,964 11.1% 12/31/2023 Executive Office Services 16,964 11.1% 2/28/2026 In-Rel Properties, LLC 4,886
10.03 Property   1 100 Concourse 14,600,000 As Is 9/24/2021     75.2% 10/1/2021 No Highland Treatment Center, LLC 14,954 11.9% 3/31/2028 Aerotek, Inc. 11,977 9.5% 12/31/2022 Simpson, McMahan, Glick & Burford, PLLC 7,697 6.1% 12/31/2027 Lumend Surgical Dermatology, LLC 6,345 5.1% 9/30/2023 Five Points Healthcare of Alabama, LLC 6,077
10.04 Property   1 800 Concourse 4,600,000 As Is 9/24/2021     100.0% 10/1/2021 No Sinclair Television Stations, LLC 26,357 57.5% 9/30/2027 Employers Mutual Casualty Company/ EMC Insurance 16,930 36.9% 11/30/2022 Sinclair Television Group, Inc. 2,570 5.6% 7/31/2026 NAP NAP NAP NAP NAP NAP
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy 141,300,000 As Stabilized 10/1/2022 30.4% 27.1% 97.7% 11/5/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan   6 JMT Chicago Multi Portfolio 63,800,000 As Is 10/14/2021 66.6% 66.6% 94.5%                                        
12.01 Property   1 Somerset I 27,300,000 As Is 10/14/2021     97.9% 10/27/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.02 Property   1 Oak Lawn 9,500,000 As Is 10/14/2021     90.1% 10/27/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.03 Property   1 Somerset II 8,900,000 As Is 10/14/2021     94.4% 10/27/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.04 Property   1 Kenmore 8,400,000 As Is 10/14/2021     87.5% 10/27/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.05 Property   1 Somerset III 5,300,000 As Is 10/14/2021     93.8% 10/27/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.06 Property   1 Washington 4,400,000 As Is 10/14/2021     93.6% 10/27/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB 109,100,000 As Is 9/23/2021 57.7% 57.7% 100.0% 12/6/2021 Yes Charcuterie Artisans 515,006 100.0% 10/31/2046 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio 106,500,000 As Is 8/9/2021 60.0% 60.0% 96.2%                                        
14.01 Property   1 Nyberg Rivers 55,800,000 As Is 8/9/2021     98.8% 10/14/2021 No Cabela's 110,093 36.9% 1/31/2035 LA Fitness 45,000 15.1% 2/28/2025 New Seasons Market 33,575 11.3% 10/31/2039 Michaels Store 24,184 8.1% 3/31/2024 Home Goods 21,750
14.02 Property   1 Nyberg Woods 50,700,000 As Is 8/9/2021     92.5% 10/14/2021 No Best Buy 45,394 21.2% 1/31/2023 PetSmart 28,046 13.1% 1/31/2028 Old Navy 17,029 8.0% 9/30/2022 Xgolf 10,495 4.9% 12/31/2031 Ulta Cosmetics 10,151
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio 104,200,000 As Is Various 60.6% 60.6% 100.0%                                        
15.01 Property   1 2314 Sybrandt Road 50,800,000 As Is 9/13/2021     100.0% 12/6/2021 Yes Sara Lee 325,122 100.0% 7/16/2041 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.02 Property   1 110 Sara Lee Road 46,000,000 As Is 9/7/2021     100.0% 12/6/2021 Yes Sara Lee 405,930 100.0% 7/16/2041 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.03 Property   1 1528 South Hayford Road 5,170,000 As Is 9/3/2021     100.0% 12/6/2021 Yes Sara Lee 40,827 100.0% 7/16/2041 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.04 Property   1 105 Ashland Avenue 2,230,000 As Is 9/13/2021     100.0% 12/6/2021 Yes Sara Lee 38,900 100.0% 7/16/2041 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 The Colony Cooperative 280,400,000 As Is 10/15/2021 12.5% 10.6% 100.0% 7/1/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 64 1 Hyde Park Gardens Cooperative 169,000,000 As Is 9/28/2021 19.2% 14.4% 99.2% 11/1/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 65 1 SolutionReach 45,600,000 As Is 9/13/2021 66.7% 66.7% 100.0% 12/1/2021 Yes Solutionreach 145,646 100.0% 4/30/2027 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 8, 66 1 The Veranda 197,100,000 As Is 8/19/2021 50.7% 50.7% 95.5% 10/1/2021 No Dave & Buster's 47,014 12.9% 9/30/2034 Veranda Cinema 40,683 11.1% 12/31/2037 LA Fitness 34,183 9.4% 2/28/2033 365 By Whole Foods Market 30,000 8.2% 12/31/2037 T.J. Maxx 23,089
20 Loan 67, 68 2 Harbor Bay Portfolio 28,400,000 As Is Various 58.2% 58.2% 92.9%                                        
20.01 Property   1 PGA Tour Superstore 16,100,000 As Is 9/29/2021     100.0% 12/6/2021 Yes Golf & Tennis Pro Shop, Inc. 37,250 100.0% 1/31/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.02 Property   1 Denver West Office 12,300,000 As Is 9/22/2021     89.4% 9/1/2021 No U.S. Forest Service 68,378 89.4% 3/31/2027 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 68, 69 1 Fresenius Industrial 13,950,000 As Is 8/18/2021 58.2% 58.2% 100.0% 12/6/2021 Yes Fresenius USA Manufacturing 150,000 100.0% 12/31/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 70 1 435 North Roxbury 55,400,000 As Is 5/27/2021 41.9% 41.9% 92.5% 10/15/2021 No M. Goodman, MD, Inc. Et Al. 4,745 10.8% 12/31/2022 G&J Gross, Inc. 3,597 8.2% 5/31/2028 Michael Obeng, MD, PA, INC 2,689 6.1% 8/31/2026 Talus Medical Management, LLC. 2,215 5.1% 11/30/2029 Brian E Dubow, MD 2,022
23 Loan 71 1 466 Broome Street 42,000,000 As Is 10/7/2021 55.0% 55.0% 84.3% 11/1/2021 No Cutters, Inc. 5,500 17.3% 9/30/2024 Boffi New York LLC 5,500 17.3% 3/31/2026 M&C Saatchi Sports & Entertainment 5,500 17.3% 1/31/2031 Kinhouse Solo, LLC 5,500 17.3% 4/30/2031 Golden Goose NY LLC 3,100
24 Loan 72 1 Intuitive Surgical Sunnyvale 56,000,000 As Is 9/15/2021 37.5% 37.5% 100.0% 12/6/2021 Yes Intuitive Surgical, Inc. 88,924 100.0% 4/30/2027 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio 33,000,000 As Is 8/24/2021 63.6% 63.6% 95.2%                                        
25.01 Property   1 459 Park Ave S 7,800,000 As Is 8/24/2021     100.0% 9/23/2021 No Lenwich 1,500 30.3% 11/30/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.02 Property   1 147 W 111th St 8,900,000 As Is 8/24/2021     90.0% 9/23/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.03 Property   1 210 W 35th St 5,500,000 As Is 8/24/2021     100.0% 8/26/2021 No PB 210 LLC 3,480 57.2% 10/31/2029 Chun Yan Fa 1,300 21.4% MTM AZ Invest LLC 1,300 21.4% 12/31/2021 NAP NAP NAP NAP NAP NAP
25.04 Property   1 60 Pearl St 6,200,000 As Is 8/24/2021     100.0% 9/23/2021 No Vidhan Foods 1,540 20.0% 2/28/2028 Zheng Jinshan 1,540 20.0% 6/30/2026 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.05 Property   1 442-444 W 50th St 4,600,000 As Is 8/24/2021     93.3% 9/23/2021 No Tufamerica Inc 850 6.7% 5/31/2025 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega 164,000,000 As Is 6/16/2021 54.9% 54.9% 93.7% 3/31/2021 No LA Fitness 65,000 21.2% 1/31/2037 Target 61,965 20.3% 1/31/2036 Ross Dress For Less 27,003 8.8% 1/31/2030 Smart & Final Stores LLC 24,000 7.8% 10/31/2036 CVS 14,200
27 Loan 82 1 Southlake Center 43,500,000 As Is 5/11/2021 45.9% 45.9% 92.6% 11/9/2021 No Chime Solutions 124,448 29.0% 6/30/2029 F21 Red 23,138 5.4% 1/31/2028 H & M 21,326 5.0% 5/31/2027 Finish Line 11,371 2.6% 1/31/2026 Rack Room Shoes 9,715
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons 68,550,000 As Is 7/12/2021 68.2% 53.9% 87.6% 7/1/2021 No Walmart 150,111 32.0% 1/31/2027 Acme Markets 66,169 14.1% 3/31/2025 Ross Dress For Less 25,014 5.3% 1/31/2028 Pep Boys 22,354 4.8% 12/31/2024 Marshalls 21,000
29 Loan   1 Westward Ho 29,100,000 As Is 9/24/2021 63.6% 63.6% 100.0% 10/15/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 86, 87 1 Greystone Lofts 28,100,000 As Is 7/23/2021 64.9% 64.9% 98.7% 10/31/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 88 3 SLJ Portfolio 31,100,000 As Is Various 57.9% 57.9% 91.5%                                        
31.01 Property   1 162-24 Jamaica Ave 19,600,000 As Is 7/8/2021     84.6% 4/1/2021 No Department of Probation 25,879 62.2% 5/31/2025 The Childrens Place 4,400 10.6% 2/29/2024 NY Therapeutic Communities Inc. 4,100 9.8% MTM California Fashion Inc. 850 2.0% MTM NAP NAP
31.02 Property   1 300 US Highway 202 7,200,000 As Is 7/19/2021     100.0% 4/1/2021 No Guitar Center 13,364 60.2% 10/31/2027 Vitamin Shoppe 4,766 21.5% 6/30/2025 FedEx 4,076 18.4% 6/30/2029 NAP NAP NAP NAP NAP NAP
31.03 Property   1 2706 Route 22 4,300,000 As Is 7/19/2021     100.0% 12/6/2021 Yes Petco 11,800 100.0% 1/31/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 89, 90, 91, 92 6 SLF Portfolio 29,000,000 As Is Various 62.1% 62.1% 100.0%                                        
32.01 Property   1 Torrance 6,500,000 As Is 6/16/2021     100.0% 12/6/2021 Yes JPN Mart, Inc. 10,609 100.0% 3/18/2036 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.02 Property   1 West Jordan 4,750,000 As Is 7/1/2021     100.0% 12/6/2021 Yes Mountainland Supply, LLC 18,166 100.0% 12/31/2026 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.03 Property   1 Bristol 5,650,000 As Is 9/14/2021     100.0% 12/6/2021 Yes Boomer Holdings, LLC 69,494 100.0% 6/30/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.04 Property   1 Chattanooga 5,000,000 As Is 9/10/2021     100.0% 12/6/2021 Yes Metalworking Solutions, LLC 88,727 100.0% 8/31/2036 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.05 Property   1 Wheaton 3,400,000 As Is 9/7/2021     100.0% 12/6/2021 Yes SEG Inc. 8,500 100.0% 12/31/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.06 Property   1 Albertville 3,700,000 As Is 10/6/2021     100.0% 12/6/2021 Yes Oldcastle BuildingEnvelope 33,750 100.0% 1/31/2026 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 93, 94 1 223 Quaker Road 27,500,000 As Stabilized 3/1/2022 65.0% 65.0% 99.3% 10/6/2021 No ThyssenKrupp Supply Chain Services NA, Inc. 69,863 51.3% 10/15/2026 LG Deals LLC 42,026 30.8% 11/30/2031 ConEd Company of NY, Inc. 23,370 17.2% 3/14/2027 NAP NAP NAP NAP NAP NAP
34 Loan 95, 96 1 Junction 4121 43,700,000 As Is 7/29/2021 40.3% 40.3% 100.0% 10/20/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 97, 98, 99 1 Belcan HQ 26,500,000 As Is 9/10/2021 60.0% 60.0% 100.0% 12/1/2021 Yes Belcan, LLC 127,608 94.2% 4/30/2034 L.M. Kohn & Company 7,805 5.8% 5/31/2023 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 100, 101, 102 1 87-10 Northern Boulevard 26,300,000 As Is 8/12/2021 57.4% 57.4% 100.0% 9/1/2021 No 3306 Parking Corp 15,000 28.0% 10/31/2031 Children of America 12,500 23.3% 9/30/2036 Denny's 4,400 8.2% 4/30/2031 Tiger Shulman 4,000 7.5% 8/31/2030 Dr Nikolai (internal medicine) 3,500
37 Loan 103 1 Lake Drive Plaza 20,600,000 As Is 8/9/2021 64.4% 64.4% 94.7% 9/1/2021 No Kroger 82,780 50.6% 8/1/2034 Tractor Supply Company 26,872 16.4% 8/1/2031 Goodwill 18,000 11.0% 10/31/2024 Dollar Tree 12,000 7.3% 7/31/2030 China Wall 2,940
38 Loan   1 Franklin Square 19,700,000 As Is 9/24/2021 67.3% 57.9% 81.2% 10/25/2021 No Ashley Furniture Home Store 34,682 25.8% 12/31/2025 Altitude Trampoline Park 30,000 22.3% 7/31/2029 Cycle Gear 4,525 3.4% 1/31/2025 Armed Forces Career Center 4,260 3.2% 4/4/2026 Gaston County Farm Bureau 4,235
39 Loan   1 901 Corporate 28,050,000 As Is 9/10/2021 45.5% 45.5% 100.0% 12/6/2021 Yes Lereta, LLC 96,365 100.0% 12/31/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 104 1 Home Depot Nanuet 19,450,000 As Is 10/22/2021 61.7% 61.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue 16,000,000 Prospective Market Value Upon Stabilization 4/15/2022 65.6% 51.8% 100.0% 11/9/2021 No Gold's Gym 32,061 68.1% 1/31/2035 Schlotzky's 2,499 5.3% 7/31/2031 PNC Bank 2,486 5.3% 8/31/2031 ATI Physical Therapy 2,008 4.3% 7/31/2028 Jet's Pizza 1,517
42 Loan 110 1 FedEx Topeka 16,400,000 As Is 9/16/2021 59.9% 59.9% 100.0% 12/6/2021 Yes Federal Express Freight 27,077 100.0% 9/30/2035 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan   1 Fondren Hill Apartments 15,300,000 As Is 8/27/2021 64.0% 55.8% 93.8% 10/7/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 111 1 Brookside Industrial Park 15,400,000 As Is 9/10/2021 53.2% 53.2% 88.8% 10/13/2021 No Purposeful Design, LLC 27,657 9.1% 12/31/2022 Indianapolis Public Schools 27,289 8.9% 3/31/2024 A.H. Furnico, Inc. 25,950 8.5% 8/31/2023 ClosetPro, LLC d/b/a California Closets 24,968 8.2% 2/28/2029 Agile Engineering & Manufacturing, LLC 24,130
45 Loan 112 1 Shoppes of Mason 12,350,000 As Is 10/27/2021 63.2% 63.2% 100.0% 9/1/2021 No Kroger 56,800 70.3% 10/31/2032 Old Bag of Nails Pub 6,000 7.4% 11/30/2037 USA Nails 2,800 3.5% 3/31/2031 Mercy Health 2,800 3.5% 11/30/2026 Avis Budget Car Rental 2,000
46 Loan   1 560 Village Boulevard 13,900,000 As Is 9/9/2021 54.3% 54.3% 94.0% 8/12/2021 No J.M.B. Sales, LLC d/b/a: USHEALTH Advisors 12,895 20.5% 5/31/2022 E-Suites LLC 9,000 14.3% 10/31/2025 Viamar Health Institutes of the Palm Beaches, LLC 8,071 12.8% 2/28/2023 Recovering Life Services LLC dba GateHouse Treatment Holdings, LLC 6,321 10.0% 5/14/2023 Prodigy Health Group, LLC 3,000
47 Loan 113, 114 1 7670 Woodway 10,400,000 As Is 9/21/2021 69.9% 57.0% 91.1% 9/1/2021 No Medistar Corp. 13,710 19.4% 2/28/2026 Infochip USA, LLC 5,076 7.2% 9/30/2022 Academic Independence, LLC 4,867 6.9% 10/31/2026 I.S. Engineering 4,679 6.6% 3/31/2027 Snell, Levin & Co., LLP 3,451
48 Loan 115 2 Maize & Blue 2 Pack 11,950,000 As Is 10/7/2021 58.6% 58.6% 100.0%                                        
48.01 Property   1 1320 South University Avenue 9,750,000 As Is 10/7/2021     100.0% 10/1/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48.02 Property   1 511 East Hoover Avenue 2,200,000 As Is 10/7/2021     100.0% 10/1/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan   2 259 Reynolds & 678 Scotland 10,600,000 As Is 9/21/2021 66.0% 66.0% 96.7%                                        
49.01 Property   1 678 Scotland 5,300,000 As Is 9/21/2021     96.9% 9/10/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49.02 Property   1 259 Reynolds 5,300,000 As Is 9/21/2021     96.6% 9/10/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan   7 CityLine Storage Express Portfolio 10,650,000 As Is 10/13/2021 62.5% 62.5% 98.6%                                        
50.01 Property   1 Storage Express - Waverly 2,300,000 As Is 10/13/2021     99.6% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.02 Property   1 Storage Express - Chapel Hill 1,650,000 As Is 10/13/2021     98.9% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.03 Property   1 Storage Express - Pulaski 1,600,000 As Is 10/13/2021     100.0% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.04 Property   1 Storage Express - Hohenwald 1,525,000 As Is 10/13/2021     99.2% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.05 Property   1 Storage Express - Mt. Pleasant 1,450,000 As Is 10/13/2021     96.9% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.06 Property   1 Storage Express - Shelbyville 1,400,000 As Is 10/13/2021     95.9% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.07 Property   1 Storage Express - Lawrenceburg 725,000 As Is 10/13/2021     99.1% 9/30/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan   1 145 Saw Mill Road 11,100,000 As Is 10/4/2021 59.5% 50.9% 97.6% 8/5/2021 No Smooth Sportswear, LLC 12,586 12.7% 12/31/2023 Charles Lubin Company, Inc. 12,507 12.6% 12/31/2022 SBZ Events, Inc. 10,208 10.3% 5/31/2024 Let's Make A Deal of New York, LLC 8,273 8.3% 4/30/2023 Car Tattoos Decals & Sportswear Ltd. 6,927
52 Loan   1 Springfield Plaza 11,725,000 As Is 8/27/2021 55.4% 43.4% 85.6% 10/1/2021 No Shaw's Supermarkets Inc. 43,606 26.6% 2/28/2029 Ollie's Bargain Outlet 28,919 17.7% 6/30/2031 Youngs Furniture & Appliances 14,160 8.7% 9/30/2022 Maxi Drug Rite Aid 12,228 7.5% 5/31/2030 Advance Stores Company 7,800
53 Loan   1 Willow Tree Apartments 8,900,000 As Is 9/29/2021 64.0% 64.0% 100.0% 8/31/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
54 Loan   1 233 Jackson Street 6,200,000 As Is 10/5/2021 64.5% 64.5% 100.0% 10/14/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
55 Loan   1 Fresenius Medical Center Melbourne 6,750,000 As Is 7/29/2021 53.3% 53.3% 100.0% 12/6/2021 Yes Fresenius Kidney Care 10,392 100.0% 12/31/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
56 Loan 116 1 1048 Manzanita 8,700,000 As Is 7/15/2021 27.6% 27.6% 100.0% 10/20/2021 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
57 Loan 117 1 CVS Newnan 3,150,000 As Is 9/22/2021 50.8% 50.8% 100.0% 12/6/2021 Yes CVS 10,125 100.0% 7/31/2036 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

    

 

 

                                                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($) Upfront Replacement / PIP Reserve ($) Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($) Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($) TI/LC Caps ($) Upfront Debt Service Reserve ($) Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($)
            6                                                
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street NAP NAP 9/23/2021 NAP 10/12/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 0 0 52,062,079 Springing 0 0 0 0
2 Loan 20, 21, 22, 23 1 Greenwich Office Park 4.3% 9/30/2024 10/6/2021 NAP 10/6/2021 NAP NAP No Fee / Leasehold 9/8/2076 None 34,385 Yes 537,919 89,653 0 Springing 0 7,151 171,624 3,000,000 Springing 2,000,000 0 0 0
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ NAP NAP 9/20/2021 NAP 9/20/2021 NAP NAP No Fee NAP NAP NAP NAP 525,310 525,310 90,983 22,746 0 1,218 0 0 0 0 0 0 0
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive NAP NAP 7/23/2021 NAP 9/17/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing 204,710 0 Springing 1,228,257 0 0 0
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio                           524,435 58,271 0 Springing 0 42,662 1,535,847 2,000,000 Springing 500,000 0 0 0
5.01 Property   1 5000 East Raines Road NAP NAP 10/27/2021 NAP 10/26/2021 10/28/2021 15% No Fee NAP NAP NAP NAP                          
5.02 Property   1 6125 Shelby Drive NAP NAP 10/27/2021 NAP 10/26/2021 10/28/2021 14% No Fee NAP NAP NAP NAP                          
5.03 Property   1 4219 Air Trans Road NAP NAP 10/27/2021 NAP 10/26/2021 10/28/2021 15% No Fee NAP NAP NAP NAP                          
5.04 Property   1 4502 Maass Road 5.8% 5/31/2025 10/27/2021 NAP 10/26/2021 NAP NAP No Fee NAP NAP NAP NAP                          
5.05 Property   1 3615 Lamar Avenue NAP NAP 10/27/2021 NAP 10/26/2021 10/28/2021 15% No Fee NAP NAP NAP NAP                          
5.06 Property   1 3638-3684 Contract Road NAP NAP 10/27/2021 NAP 10/26/2021 10/28/2021 15% No Fee NAP NAP NAP NAP                          
6 Loan   2 Hall Office Portfolio                           101,645 101,645 0 Springing 112,000 4,970 178,926 0 24,848 1,490,885 0 0 0
6.01 Property   1 Building E1 9.2% 11/30/2027 9/21/2021 NAP 9/21/2021 NAP NAP No Fee NAP NAP NAP NAP                          
6.02 Property   1 Freeport 9 NAP NAP 9/21/2021 NAP 9/21/2021 NAP NAP No Fee NAP NAP NAP NAP                          
7 Loan 8, 35, 36, 37, 38 1 La Encantada 4.2% 1/31/2031 6/4/2021 NAP 7/13/2021 NAP NAP No Fee NAP NAP NAP NAP 469,915 68,011 18,270 18,270 0 4,099 0 4,750,000 Springing 2,000,000 0 0 0
8 Loan 8, 39 3 TLR Portfolio                           77,287 77,287 282,923 28,292 0 14,333 0 0 0 0 0 0 0
8.01 Property   1 Bahia Apartments NAP NAP 10/25/2021 NAP 10/28/2021 NAP NAP No Fee NAP NAP NAP NAP                          
8.02 Property   1 Royal Breeze Apartments NAP NAP 10/21/2021 NAP 10/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
8.03 Property   1 Lenox Place Apartments NAP NAP 10/25/2021 NAP 10/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
9 Loan 40, 41 1 40 Gansevoort NAP NAP 10/6/2021 NAP 10/6/2021 NAP NAP No Leasehold 7/31/2069 None 1,700,320 Yes 0 Springing 0 Springing 1,034 1,034 0 0 Springing 0 0 0 0
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio                           102,003 51,001 0 Springing 0 13,371 320,892 1,165,642 37,437 898,798 0 0 0
10.01 Property   1 50 Penn Place 2.7% 12/31/2028 10/6/2021 NAP 10/7/2021 NAP NAP No Fee NAP NAP NAP NAP                          
10.02 Property   1 Beacon Ridge Tower 3.2% 1/31/2025 10/6/2021 NAP 10/6/2021 NAP NAP No Fee NAP NAP NAP NAP                          
10.03 Property   1 100 Concourse 4.8% 11/30/2027 10/6/2021 NAP 10/5/2021 NAP NAP No Fee NAP NAP NAP NAP                          
10.04 Property   1 800 Concourse NAP NAP 10/6/2021 NAP 10/5/2021 NAP NAP No Fee NAP NAP NAP NAP                          
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy NAP NAP 10/18/2021 NAP 10/18/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 130,293 65,147 0 Springing 0 0 0 0 0 0 0 0 0
12 Loan   6 JMT Chicago Multi Portfolio                           540,070 90,012 32,012 89 0 12,096 0 0 0 0 500,000 0 0
12.01 Property   1 Somerset I NAP NAP 10/20/2021 NAP 10/19/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP                          
12.02 Property   1 Oak Lawn NAP NAP 10/20/2021 NAP 10/19/2021 NAP NAP No Fee NAP NAP NAP NAP                          
12.03 Property   1 Somerset II NAP NAP 10/20/2021 NAP 10/19/2021 NAP NAP No Fee NAP NAP NAP NAP                          
12.04 Property   1 Kenmore NAP NAP 10/20/2021 NAP 10/19/2021 NAP NAP No Fee NAP NAP NAP NAP                          
12.05 Property   1 Somerset III NAP NAP 10/20/2021 NAP 10/19/2021 NAP NAP No Fee NAP NAP NAP NAP                          
12.06 Property   1 Washington NAP NAP 10/28/2021 NAP 10/25/2021 NAP NAP No Fee NAP NAP NAP NAP                          
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB NAP NAP 8/27/2021 NAP 8/26/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing 0 0 Springing 0 0 0 0
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio                           0 Springing 0 Springing 0 0 0 0 Springing 1,536,012 0 0 0
14.01 Property   1 Nyberg Rivers 7.3% 10/31/2024 8/26/2021 NAP 8/26/2021 8/26/2021 6% Yes - A, AE Leasehold 7/31/2087 and 7/1/2089 None 1,837,000 Yes                          
14.02 Property   1 Nyberg Woods 4.7% 10/31/2022 8/26/2021 NAP 8/26/2021 8/26/2021 6% Yes - A, AE Leasehold 5/23/2081 None 1,016,400 Yes                          
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio                           0 Springing 0 Springing 0 Springing 0 0 Springing 0 0 0 0
15.01 Property   1 2314 Sybrandt Road NAP NAP 9/16/2021 NAP 9/16/2021 NAP NAP No Fee NAP NAP NAP NAP                          
15.02 Property   1 110 Sara Lee Road NAP NAP 9/16/2021 NAP 9/16/2021 NAP NAP No Fee NAP NAP NAP NAP                          
15.03 Property   1 1528 South Hayford Road NAP NAP 9/16/2021 NAP 9/16/2021 NAP NAP No Fee NAP NAP NAP NAP                          
15.04 Property   1 105 Ashland Avenue NAP NAP 9/16/2021 NAP 9/16/2021 NAP NAP No Fee NAP NAP NAP NAP                          
16 Loan   1 The Colony Cooperative NAP NAP 10/27/2021 NAP 10/27/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing 0 0 0 0 0 0 0
17 Loan 64 1 Hyde Park Gardens Cooperative NAP NAP 10/12/2021 NAP 10/1/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing 0 0 0 0 0 0 0
18 Loan 65 1 SolutionReach NAP NAP 4/20/2021 NAP 4/20/2021 6/15/2021 5% No Fee NAP NAP NAP NAP 20,921 20,921 0 Springing 1,821 1,821 0 12,137 12,137 0 0 0 0
19 Loan 8, 66 1 The Veranda 6.3% 10/31/2027 8/19/2021 NAP 8/17/2021 8/18/2021 13% No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 0 0 0 Springing 1,096,677 0 0 0
20 Loan 67, 68 2 Harbor Bay Portfolio                           139,645 23,274 0 Springing 0 1,275 0 0 7,209 0 0 0 0
20.01 Property   1 PGA Tour Superstore NAP NAP 9/1/2021 NAP 9/1/2021 NAP NAP No Fee NAP NAP NAP NAP                          
20.02 Property   1 Denver West Office NAP NAP 9/16/2021 NAP 9/16/2021 NAP NAP No Fee NAP NAP NAP NAP                          
21 Loan 68, 69 1 Fresenius Industrial NAP NAP 8/31/2021 NAP 8/27/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing 0 0 Springing 0 0 0 0
22 Loan 70 1 435 North Roxbury 4.6% 11/30/2023 8/18/2021 NAP 8/18/2021 8/18/2021 18% No Fee NAP NAP NAP NAP 17,817 8,908 31,935 7,984 0 Springing 0 264,985 Springing 0 0 0 0
23 Loan 71 1 466 Broome Street 9.7% 12/31/2034 6/24/2021 NAP 6/24/2021 NAP NAP No Fee NAP NAP NAP NAP 329,652 54,942 0 Springing 0 2,279 0 0 6,250 300,000 0 0 0
24 Loan 72 1 Intuitive Surgical Sunnyvale NAP NAP 9/17/2021 NAP 9/17/2021 9/17/2021 12% No Fee NAP NAP NAP NAP 167,478 34,709 18,892 1,574 0 Springing 0 0 Springing 0 0 0 0
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio                           35,396 35,396 32,755 5,459 0 1,287 0 0 959 0 0 0 0
25.01 Property   1 459 Park Ave S NAP NAP 8/27/2021 NAP 8/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
25.02 Property   1 147 W 111th St NAP NAP 8/27/2021 NAP 8/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
25.03 Property   1 210 W 35th St NAP NAP 8/27/2021 NAP 8/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
25.04 Property   1 60 Pearl St NAP NAP 8/27/2021 NAP 8/27/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP                          
25.05 Property   1 442-444 W 50th St NAP NAP 8/27/2021 NAP 8/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega 4.6% 11/30/2061 6/24/2021 NAP 6/24/2021 6/24/2021 12% No Fee / Leasehold 3/31/2041 1, 29-year extension option 12 No 469,292 52,144 0 Springing 0 8,412 0 0 Springing 305,229 0 0 0
27 Loan 82 1 Southlake Center 2.3% 10/31/2027 2/12/2021 NAP 2/12/2021 NAP NAP No Fee NAP NAP NAP NAP 70,329 70,329 0 Springing 0 15,382 0 475,000 35,417 1,000,000 0 0 0
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons 4.5% 9/30/2027 7/7/2021 NAP 7/22/2021 NAP NAP No Fee NAP NAP NAP NAP 75,408 37,703 0 Springing 0 5,855 210,000 0 31,228 1,112,000 0 0 0
29 Loan   1 Westward Ho NAP NAP 10/1/2021 NAP 10/1/2021 9/30/2021 6% No Fee NAP NAP NAP NAP 34,993 6,999 6,274 1,046 0 546 0 0 0 0 0 0 0
30 Loan 86, 87 1 Greystone Lofts NAP NAP 7/23/2021 NAP 7/26/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 132,596 34,773 0 Springing 4,085 4,088 112,500 0 0 0 0 0 0
31 Loan 88 3 SLJ Portfolio                           50,385 50,385 26,109 5,222 0 2,296 0 0 7,879 283,631 0 0 0
31.01 Property   1 162-24 Jamaica Ave NAP NAP 7/27/2021 NAP 7/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
31.02 Property   1 300 US Highway 202 NAP NAP 7/27/2021 NAP 7/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
31.03 Property   1 2706 Route 22 NAP NAP 7/27/2021 NAP 7/27/2021 NAP NAP No Fee NAP NAP NAP NAP                          
32 Loan 89, 90, 91, 92 6 SLF Portfolio                           0 Springing 10,823 5,412 0 Springing 0 0 Springing 0 0 0 0
32.01 Property   1 Torrance NAP NAP 7/2/2021 NAP 7/2/2021 7/2/2021 9% No Fee NAP NAP NAP NAP                          
32.02 Property   1 West Jordan NAP NAP 7/2/2021 NAP 7/2/2021 7/2/2021 6% No Fee NAP NAP NAP NAP                          
32.03 Property   1 Bristol NAP NAP 9/15/2021 NAP 9/16/2021 NAP NAP No Fee NAP NAP NAP NAP                          
32.04 Property   1 Chattanooga NAP NAP 9/15/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP NAP NAP                          
32.05 Property   1 Wheaton NAP NAP 9/15/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP NAP NAP                          
32.06 Property   1 Albertville NAP NAP 9/29/2021 NAP 9/30/2021 NAP NAP No Fee NAP NAP NAP NAP                          
33 Loan 93, 94 1 223 Quaker Road NAP NAP 11/15/2021 NAP 10/8/2021 NAP NAP No Fee NAP NAP NAP NAP 246,354 30,794 29,187 5,837 0 1,135 50,000 0 5,678 350,000 0 0 0
34 Loan 95, 96 1 Junction 4121 NAP NAP 8/17/2021 NAP 8/17/2021 8/17/2021 8% No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 712 0 0 665 0 0 0 0
35 Loan 97, 98, 99 1 Belcan HQ NAP NAP 7/12/2021 NAP 10/7/2021 NAP NAP No Fee NAP NAP NAP NAP 236,140 39,357 3,164 3,164 27,083 Springing 0 0 Springing 0 0 0 0
36 Loan 100, 101, 102 1 87-10 Northern Boulevard 6.5% 7/31/2031 8/23/2021 NAP 8/20/2021 NAP NAP No Fee / Leasehold 7/31/2070 None 380,000 Yes 17,443 17,443 30,874 4,411 0 769 0 75,000 7,819 0 0 0 0
37 Loan 103 1 Lake Drive Plaza 1.8% 1/31/2026 9/17/2021 NAP 9/17/2021 NAP NAP No Fee NAP NAP NAP NAP 0 10,954 0 2,518 0 2,044 0 0 5,450 196,214 0 0 0
38 Loan   1 Franklin Square 3.2% 11/30/2023 10/13/2021 NAP 10/13/2021 NAP NAP No Fee NAP NAP NAP NAP 18,396 18,396 0 Springing 0 2,237 0 700,000 7,831 800,000 0 0 0
39 Loan   1 901 Corporate NAP NAP 9/17/2021 NAP 9/17/2021 10/19/2021 15% No Fee NAP NAP NAP NAP 40,676 20,338 7,494 2,498 0 0 0 0 Springing 0 0 0 0
40 Loan 104 1 Home Depot Nanuet NAP NAP 10/21/2021 NAP 10/21/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 8,560 8,560 0 Springing 0 3,908 3,908 0 0 0 0
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue 3.2% 1/31/2026 10/27/2021 NAP 10/27/2021 NAP NAP No Fee NAP NAP NAP NAP 0 18,162 10,867 Springing 0 588 0 257,123 4,901 0 0 0 0
42 Loan 110 1 FedEx Topeka NAP NAP 10/15/2021 NAP 10/13/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 3,511 1,756 0 226 0 0 Springing 0 0 0 0
43 Loan   1 Fondren Hill Apartments NAP NAP 9/13/2021 NAP 9/9/2021 NAP NAP No Fee NAP NAP NAP NAP 74,916 6,243 24,192 3,024 236,888 2,000 0 0 0 0 0 0 0
44 Loan 111 1 Brookside Industrial Park 7.9% 7/31/2023 9/29/2021 NAP 9/29/2021 NAP NAP No Fee NAP NAP NAP NAP 11,830 11,830 0 Springing 0 5,844 0 45,000 6,353 300,000 0 0 0
45 Loan 112 1 Shoppes of Mason 2.5% 9/30/2023 9/22/2021 NAP 9/22/2021 NAP NAP No Fee NAP NAP NAP NAP 73,129 14,626 3,291 1,646 0 1,347 0 0 2,693 96,960 0 0 0
46 Loan   1 560 Village Boulevard 4.8% 3/31/2022 9/15/2021 NAP 9/14/2021 NAP NAP No Fee NAP NAP NAP NAP 202,670 21,088 11,949 5,975 0 1,050 37,797 200,000 3,937 225,000 0 0 0
47 Loan 113, 114 1 7670 Woodway 4.9% 10/31/2026 9/21/2021 NAP 9/17/2021 NAP NAP No Fee NAP NAP NAP NAP 0 13,511 2,662 887 0 1,178 0 150,000 8,333 400,000 0 0 0
48 Loan 115 2 Maize & Blue 2 Pack                           21,736 8,070 0 Springing 0 Springing 0 0 0 0 0 0 0
48.01 Property   1 1320 South University Avenue NAP NAP 10/8/2021 NAP 10/8/2021 NAP NAP No Fee NAP NAP NAP NAP                          
48.02 Property   1 511 East Hoover Avenue NAP NAP 10/8/2021 NAP 10/8/2021 NAP NAP No Fee NAP NAP NAP NAP                          
49 Loan   2 259 Reynolds & 678 Scotland                           13,886 13,886 0 0 0 1,427 0 0 0 0 0 0 0
49.01 Property   1 678 Scotland NAP NAP 9/29/2021 NAP 9/28/2021 NAP NAP No Fee NAP NAP NAP NAP                          
49.02 Property   1 259 Reynolds NAP NAP 9/30/2021 NAP 9/29/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50 Loan   7 CityLine Storage Express Portfolio                           0 2,788 0 Springing 0 892 0 0 0 0 0 0 0
50.01 Property   1 Storage Express - Waverly NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50.02 Property   1 Storage Express - Chapel Hill NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50.03 Property   1 Storage Express - Pulaski NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50.04 Property   1 Storage Express - Hohenwald NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50.05 Property   1 Storage Express - Mt. Pleasant NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50.06 Property   1 Storage Express - Shelbyville NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
50.07 Property   1 Storage Express - Lawrenceburg NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP                          
51 Loan   1 145 Saw Mill Road 7.0% 6/30/2026 10/8/2021 NAP 10/8/2021 NAP NAP Yes - AE Fee NAP NAP NAP NAP 6,180 6,180 0 Springing 65,000 776 18,635 350,000 Springing 250,000 0 0 0
52 Loan   1 Springfield Plaza 4.8% 5/31/2025 8/26/2021 NAP 8/25/2021 NAP NAP No Fee NAP NAP NAP NAP 19,909 19,909 0 Springing 0 5,887 0 0 7,500 350,000 0 0 0
53 Loan   1 Willow Tree Apartments NAP NAP 10/20/2021 NAP 10/20/2021 NAP NAP No Fee NAP NAP NAP NAP 30,075 10,025 27,073 3,008 188,030 2,275 0 0 0 0 0 0 0
54 Loan   1 233 Jackson Street NAP NAP 11/12/2021 NAP 11/12/2021 NAP NAP No Fee NAP NAP NAP NAP 1,158 386 2,041 680 0 125 0 0 0 0 0 0 0
55 Loan   1 Fresenius Medical Center Melbourne NAP NAP 8/8/2021 NAP 8/6/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 6,460 1,615 0 Springing 0 0 0 0 0 0 0
56 Loan 116 1 1048 Manzanita NAP NAP 8/17/2021 NAP 8/17/2021 8/17/2021 8% No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 150 0 0 0 0 0 0 0
57 Loan 117 1 CVS Newnan NAP NAP 9/23/2021 NAP 9/23/2021 NAP NAP No Fee NAP NAP NAP NAP 0 Springing 0 Springing 0 Springing 0 0 0 0 0 0 0

 

    

 

 

                                                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Upfront Deferred Maintenance Reserve ($) Upfront Other Reserve ($) Monthly Other Reserve ($) Other Reserve Description Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) Tenant Specific Excess Cash Trap Trigger (Y/N) Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%)
                                                      4      
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street 0 97,383,122 0 Base Building Work Reserve (Upfront: 86,650,891), Aventis Rent Reserve (Upfront: 10,732,230.67) 0 0 NAP Hard Springing Yes Yes Yes No 148,140,816 665,859,184 1,570,749.49 1,920,210.93 411,000,000 2.79200% 1,225,000,000 2,889,752.32 62.7% 2.32 6.6% NAP NAP
2 Loan 20, 21, 22, 23 1 Greenwich Office Park 0 938,901 Springing Free Rent Reserve (Upfront: $185,151.23), Outstanding TI/LC (Upfront: $753,750.08), Ground Rent Reserve (Monthly: Springing) 0 0 NAP Hard Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ 0 27,146,846 0 Expansion Reserve (Upfront: $14,146,846.45), Seller Credit Reserve (Upfront: $13,000,000) 0 0 NAP Hard Springing Yes Yes Yes Yes 75,000,000 135,667,000 325,308.74 505,147.28 NAP NAP 210,667,000 505,147.28 63.8% 3.16 9.2% NAP NAP
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes Yes No 63,150,000 236,150,000 537,220.75 680,881.52 114,700,000 2.69250% 414,000,000 941,814.06 50.0% 2.63 7.4% NAP NAP
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio 153,368 3,650,505 0 Near Term Rollover Reserve (Upfront: $2,034,708), Unfunded Obligations Reserve (Upfront: $1,104,585), Gap Rent Reserve (Upfront: $288,611.60), Roof Work Reserve (Upfront: $222,600) 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.01 Property   1 5000 East Raines Road                                                    
5.02 Property   1 6125 Shelby Drive                                                    
5.03 Property   1 4219 Air Trans Road                                                    
5.04 Property   1 4502 Maass Road                                                    
5.05 Property   1 3615 Lamar Avenue                                                    
5.06 Property   1 3638-3684 Contract Road                                                    
6 Loan   2 Hall Office Portfolio 0 278,162 0 Free Rent Reserve 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Building E1                                                    
6.02 Property   1 Freeport 9                                                    
7 Loan 8, 35, 36, 37, 38 1 La Encantada 625,845 729,544 0 Unfunded Obligations Reserve 0 0 NAP Hard In Place Yes No Yes Yes 55,000,000 47,000,000 133,467.49 289,652.85 NAP NAP 102,000,000 289,652.85 58.7% 2.70 9.3% NAP NAP
8 Loan 8, 39 3 TLR Portfolio 0 2,500,000 0 Holdback Reserve 0 0 NAP Springing Springing Yes No Yes Yes 48,000,000 35,000,000 117,399.88 278,405.44 NAP NAP 83,000,000 278,405.44 65.4% 1.78 7.4% NAP NAP
8.01 Property   1 Bahia Apartments                                                    
8.02 Property   1 Royal Breeze Apartments                                                    
8.03 Property   1 Lenox Place Apartments                                                    
9 Loan 40, 41 1 40 Gansevoort 0 241,693 Springing Ground Lease Reserve (Upfront: $141,693; Monthly: Springing), Rent Concession Reserve (Upfront: $100,000) 0 0 NAP Hard Springing No Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio 140,128 0 0 NAP 0 0 NAP Soft Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 50 Penn Place                                                    
10.02 Property   1 Beacon Ridge Tower                                                    
10.03 Property   1 100 Concourse                                                    
10.04 Property   1 800 Concourse                                                    
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy 0 1,966,090 0 Interest Reserve 0 0 NAP Soft Springing Yes No No NAP NAP NAP NAP NAP 47,000,000 3.28797872340425% 90,000,000 374,125.22 63.7% 1.37 6.9% NAP NAP
12 Loan   6 JMT Chicago Multi Portfolio 444,348 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.01 Property   1 Somerset I                                                    
12.02 Property   1 Oak Lawn                                                    
12.03 Property   1 Somerset II                                                    
12.04 Property   1 Kenmore                                                    
12.05 Property   1 Somerset III                                                    
12.06 Property   1 Washington                                                    
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB 0 0 0 NAP 0 0 NAP Hard In Place Yes Yes Yes Yes 40,000,000 23,000,000 72,095.95 197,480.21 NAP NAP 63,000,000 197,480.21 57.7% 2.35 9.2% NAP NAP
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio 0 1,508,233 Springing Outstanding TI Reserve (Upfront: $1,508,233), Ground Lease Reserve (Monthly: Springing) 0 0 NAP Hard Springing Yes Yes Yes Yes 40,000,000 23,900,000 73,523.76 196,576.07 NAP NAP 63,900,000 196,576.07 60.0% 3.14 12.5% NAP NAP
14.01 Property   1 Nyberg Rivers                                                    
14.02 Property   1 Nyberg Woods                                                    
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes Yes Yes 40,000,000 23,150,000 75,402.29 205,687.01 NAP NAP 63,150,000 205,687.01 60.6% 2.06 8.9% NAP NAP
15.01 Property   1 2314 Sybrandt Road                                                    
15.02 Property   1 110 Sara Lee Road                                                    
15.03 Property   1 1528 South Hayford Road                                                    
15.04 Property   1 105 Ashland Avenue                                                    
16 Loan   1 The Colony Cooperative 0 0 0 NAP 0 0 NAP Springing Springing No No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 64 1 Hyde Park Gardens Cooperative 0 0 0 NAP 0 0 NAP Springing Springing No No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 65 1 SolutionReach 0 0 0 NAP 0 0 NAP Hard Springing No Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 8, 66 1 The Veranda 0 979,702 0 Outstanding TI Reserve 0 0 NAP Hard Springing Yes Yes Yes No 30,000,000 70,000,000 176,839.12 252,627.31 NAP NAP 100,000,000 252,627.31 50.7% 3.41 10.6% NAP NAP
20 Loan 67, 68 2 Harbor Bay Portfolio 78,000 5,729 0 Deferred Rent Reserve 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.01 Property   1 PGA Tour Superstore                                                    
20.02 Property   1 Denver West Office                                                    
21 Loan 68, 69 1 Fresenius Industrial 13,000 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 70 1 435 North Roxbury 0 187,362 0 Free Rent Reserve 0 0 NAP Hard Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 71 1 466 Broome Street 10,000 493,511 0 Free Rent Reserve 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 72 1 Intuitive Surgical Sunnyvale 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio 40,419 12,500 0 Certificate of Occupancy Reserve 0 0 NAP Soft Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.01 Property   1 459 Park Ave S                                                    
25.02 Property   1 147 W 111th St                                                    
25.03 Property   1 210 W 35th St                                                    
25.04 Property   1 60 Pearl St                                                    
25.05 Property   1 442-444 W 50th St                                                    
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega 0 364,582 0 Unfunded Obligations Reserve (Upfront: $333,450), Gap Rent Reserve (Upfront: $31,132) 0 0 NAP Hard Springing Yes No Yes No 20,000,000 70,000,000 206,410.88 265,385.42 NAP NAP 90,000,000 265,385.42 54.9% 2.37 8.9% NAP NAP
27 Loan 82 1 Southlake Center 29,250 0 0 NAP 0 0 NAP Hard Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons 0 1,550,426 20,833 Unfunded Obligations Reserve (Upfront: $1,046,674.18), Rollover Reserve (Upfront: $500,000; Monthly: $20,833.33; Cap: $1,000,000), Ground Rent Reserve (Upfront: $3,751.67; Monthly: Springing) 1,000,000 0 NAP Hard Springing Yes Yes Yes No 18,888,334 27,835,439 129,196.18 216,865.02 NAP NAP 46,723,773 216,865.02 68.2% 1.42 8.6% NAP NAP
29 Loan   1 Westward Ho 12,750 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 86, 87 1 Greystone Lofts 47,788 0 0 NAP 0 0 NAP Soft Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 88 3 SLJ Portfolio 172,731 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31.01 Property   1 162-24 Jamaica Ave                                                    
31.02 Property   1 300 US Highway 202                                                    
31.03 Property   1 2706 Route 22                                                    
32 Loan 89, 90, 91, 92 6 SLF Portfolio 114,569 0 Springing Metal Finishing Technologies Reserve (Monthly: Springing; Cap: $532,475), OldCastle Building Envelope Reserve (Monthly: Springing; Cap: $344,821) 877,296 0 NAP Springing Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.01 Property   1 Torrance                                                    
32.02 Property   1 West Jordan                                                    
32.03 Property   1 Bristol                                                    
32.04 Property   1 Chattanooga                                                    
32.05 Property   1 Wheaton                                                    
32.06 Property   1 Albertville                                                    
33 Loan 93, 94 1 223 Quaker Road 0 566,667 0 Gap Rent Reserve 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 95, 96 1 Junction 4121 0 0 0 NAP 0 0 NAP Hard (Commercial) / Soft (Residential) Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 97, 98, 99 1 Belcan HQ 5,625 198,750 0 Outstanding Capital Expenditure Reserve 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 100, 101, 102 1 87-10 Northern Boulevard 1,094 0 69,666 Ground Rent Reserve 0 0 NAP Springing Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan 103 1 Lake Drive Plaza 0 0 0 NAP 0 0 NAP Springing Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan   1 Franklin Square 24,949 0 0 NAP 0 0 NAP Springing Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan   1 901 Corporate 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 104 1 Home Depot Nanuet 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue 0 65,507 0 Rent Reserve 0 0 NAP Hard In Place Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 110 1 FedEx Topeka 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan   1 Fondren Hill Apartments 71,969 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 111 1 Brookside Industrial Park 75,240 274,680 0 Unfunded Obligations Reserve 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan 112 1 Shoppes of Mason 17,325 33,600 0 Unfunded Obligations Reserve 0 0 NAP Springing Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan   1 560 Village Boulevard 0 53,857 0 Unfunded Obligations Reserve (Upfront: $40,000), Free Rent Reserve (Upfront: $13,856.98) 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 113, 114 1 7670 Woodway 66,536 29,144 0 Unfunded Obligations Reserve 0 0 NAP Hard Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 115 2 Maize & Blue 2 Pack 0 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48.01 Property   1 1320 South University Avenue                                                    
48.02 Property   1 511 East Hoover Avenue                                                    
49 Loan   2 259 Reynolds & 678 Scotland 31,838 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49.01 Property   1 678 Scotland                                                    
49.02 Property   1 259 Reynolds                                                    
50 Loan   7 CityLine Storage Express Portfolio 58,950 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.01 Property   1 Storage Express - Waverly                                                    
50.02 Property   1 Storage Express - Chapel Hill                                                    
50.03 Property   1 Storage Express - Pulaski                                                    
50.04 Property   1 Storage Express - Hohenwald                                                    
50.05 Property   1 Storage Express - Mt. Pleasant                                                    
50.06 Property   1 Storage Express - Shelbyville                                                    
50.07 Property   1 Storage Express - Lawrenceburg                                                    
51 Loan   1 145 Saw Mill Road 16,125 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan   1 Springfield Plaza 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
53 Loan   1 Willow Tree Apartments 39,313 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
54 Loan   1 233 Jackson Street 0 0 0 NAP 0 0 NAP Springing Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
55 Loan   1 Fresenius Medical Center Melbourne 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
56 Loan 116 1 1048 Manzanita 0 0 0 NAP 0 0 NAP Soft Springing Yes No No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
57 Loan 117 1 CVS Newnan 0 0 0 NAP 0 0 NAP Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

    

 

 

                                                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type Sponsor Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)		 Tenants-in-common
(Y/N)		 Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration
                4                 9   7                      
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street NAP NAP NAP NAP NAP No NAP DivcoWest; California State Teachers’ Retirement System; Teacher Retirement System of Texas NAP No No Refinance No 814,000,000 0 411,000,000 0 1,225,000,000 617,846,136 0 5,768,900 149,445,201 451,939,763 0 1,225,000,000 NAP
2 Loan 20, 21, 22, 23 1 Greenwich Office Park NAP NAP NAP NAP NAP No NAP John J. Fareri John J. Fareri No No Refinance No 94,000,000 9,798,754 0 0 103,798,754 98,440,144 0 881,791 4,476,820 0 0 103,798,754 NAP
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ NAP NAP NAP NAP NAP No NAP Hana Alternative Asset Management Co., Ltd. NAP No No Refinance No 210,667,000 0 0 0 210,667,000 169,240,404 0 1,860,338 27,763,140 11,803,118 0 210,667,000 NAP
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive NAP NAP NAP NAP NAP No NAP MetLife, Inc. or Metropolitan Life Insurance Company and Norges Bank NAP No No Acquisition No 299,300,000 413,796,468 114,700,000 0 827,796,468 0 825,100,000 2,696,468 0 0 0 827,796,468 NAP
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio NAP NAP NAP NAP NAP No NAP Olymbec USA LLC Olymbec USA LLC No No Recapitalization   58,500,000 0 0 0 58,500,000 0 0 549,190 6,328,307 51,622,503 0 58,500,000 NAP
5.01 Property   1 5000 East Raines Road                         No                         NAP
5.02 Property   1 6125 Shelby Drive                         No                         NAP
5.03 Property   1 4219 Air Trans Road                         No                         NAP
5.04 Property   1 4502 Maass Road                         No                         NAP
5.05 Property   1 3615 Lamar Avenue                         No                         NAP
5.06 Property   1 3638-3684 Contract Road                         No                         NAP
6 Loan   2 Hall Office Portfolio NAP NAP NAP NAP NAP No NAP Hall RE Holdco II, LLC Hall RE Holdco II, LLC No Yes Refinance   58,000,000 0 0 0 58,000,000 53,395,128 0 1,575,333 491,807 2,537,732 0 58,000,000 NAP
6.01 Property   1 Building E1                         No                         NAP
6.02 Property   1 Freeport 9                         No                         NAP
7 Loan 8, 35, 36, 37, 38 1 La Encantada NAP NAP NAP NAP NAP No NAP Town West Realty, Inc., Iridius Capital LLC and HSL Properties, Inc. Town West Realty, Inc., Iridius Capital LLC and HSL Properties, Inc. No Yes Acquisition No 102,000,000 70,903,480 0 0 172,903,480 0 165,250,000 1,059,906 6,593,574 0 0 172,903,480 NAP
8 Loan 8, 39 3 TLR Portfolio NAP NAP NAP NAP NAP No NAP Rudy Nassri and Vincent Chiara Rudy Nassri and Vincent Chiara No No Refinance   83,000,000 0 0 0 83,000,000 60,461,084 0 2,493,361 2,860,210 17,185,345 0 83,000,000 NAP
8.01 Property   1 Bahia Apartments                         No                         NAP
8.02 Property   1 Royal Breeze Apartments                         No                         NAP
8.03 Property   1 Lenox Place Apartments                         No                         NAP
9 Loan 40, 41 1 40 Gansevoort NAP NAP NAP NAP NAP No NAP SK Development and CB Developers Charles Blaichman and Abram Shnay No No Refinance No 45,600,000 0 0 0 45,600,000 44,578,215 0 708,241 242,727 70,817 0 45,600,000 NAP
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio NAP NAP NAP NAP NAP No NAP Charles Stein, Dennis Udwin, The Charles Stein Trust, The Dennis Udwin Trust, The Charles Stein 2015 Family Trust I and The Dennis Udwin 2015 Family Trust Charles Stein and Dennis Udwin No No Refinance   43,500,000 165,000 0 0 43,665,000 40,760,574 0 1,496,654 1,407,773 0 0 43,665,000 NAP
10.01 Property   1 50 Penn Place                         No                         NAP
10.02 Property   1 Beacon Ridge Tower                         No                         NAP
10.03 Property   1 100 Concourse                         No                         NAP
10.04 Property   1 800 Concourse                         No                         NAP
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy NAP NAP NAP NAP NAP Yes Earnout Advance (Min Amount of $6,000,000; Max Amount of $10,000,000; Max Combined LTV of 65.0%; Min Combined DSCR of 1.25x; Min Combined Debt Yield of 7.25%; Fee equal to 0.25% of Requested Earnout Advance) Ironstate Holdings LLC, Richard A. Miller, Edward Kohler and Michael E. Richman Ironstate Holdings LLC, Richard A. Miller, Edward Kohler and Michael E. Richman No No Refinance No 43,000,000 0 47,000,000 0 90,000,000 81,937,237 0 708,237 2,096,383 5,258,144 0 90,000,000 NAP
12 Loan   6 JMT Chicago Multi Portfolio NAP NAP NAP NAP NAP No NAP Joseph Junkovic and Thomas Junkovic Joseph Junkovic and Thomas Junkovic No No Refinance   42,500,000 0 0 0 42,500,000 38,686,318 0 1,140,582 1,516,430 1,156,670 0 42,500,000 NAP
12.01 Property   1 Somerset I                         No                         NAP
12.02 Property   1 Oak Lawn                         No                         NAP
12.03 Property   1 Somerset II                         No                         NAP
12.04 Property   1 Kenmore                         No                         NAP
12.05 Property   1 Somerset III                         No                         NAP
12.06 Property   1 Washington                         No                         NAP
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB NAP NAP NAP NAP NAP No NAP LCN North American Fund III, L.P. LCN North American Fund III REIT No No Acquisition No 63,000,000 44,569,684 0 0 107,569,684 0 106,500,000 1,069,684 0 0 0 107,569,684 NAP
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio NAP NAP NAP NAP NAP No NAP California State Teachers Retirement System; CenterCal, LLC CenterCal, LLC No No Recapitalization   63,900,000 0 0 0 63,900,000 0 0 578,189 1,508,233 61,813,579 0 63,900,000 NAP
14.01 Property   1 Nyberg Rivers                         No                         NAP
14.02 Property   1 Nyberg Woods                         No                         NAP
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio NAP NAP NAP NAP NAP Yes Mezzanine (Max Amount of $10,000,000; Max Combined LTV of 60.6%; Min Combined DSCR of 1.47x; Min Combined DY of 8.3%; Intercreditor Agreement is required) AG Net Lease IV Corp., AG Net Lease IV(Q) Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P. AG Net Lease IV Corp., AG Net Lease IV(Q) Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P. No No Acquisition   63,150,000 37,121,243 0 0 100,271,243 0 98,699,150 1,572,093 0 0 0 100,271,243 NAP
15.01 Property   1 2314 Sybrandt Road                         No                         NAP
15.02 Property   1 110 Sara Lee Road                         No                         NAP
15.03 Property   1 1528 South Hayford Road                         No                         NAP
15.04 Property   1 105 Ashland Avenue                         No                         NAP
16 Loan   1 The Colony Cooperative NAP NAP NAP NAP NAP No NAP 1530 Owners Corp. NAP No No Refinance No                         NAP
17 Loan 64 1 Hyde Park Gardens Cooperative NAP NAP NAP NAP NAP No NAP Hyde Park Owners Group Corp. NAP No No Refinance No                         NAP
18 Loan 65 1 SolutionReach NAP NAP NAP NAP NAP No NAP Arden Group and Vesta Realty Partners Arden Real Estate Partners III, L.P. No No Acquisition No                         NAP
19 Loan 8, 66 1 The Veranda NAP NAP NAP NAP NAP No NAP California State Teachers Retirement System; CenterCal, LLC NAP No No Refinance No                         NAP
20 Loan 67, 68 2 Harbor Bay Portfolio NAP NAP NAP NAP NAP No NAP Steven D. Ross Steven D. Ross No No Acquisition                           NAP
20.01 Property   1 PGA Tour Superstore                         No                         NAP
20.02 Property   1 Denver West Office                         No                         NAP
21 Loan 68, 69 1 Fresenius Industrial NAP NAP NAP NAP NAP No NAP Steven D. Ross Steven D. Ross No No Recapitalization No                         NAP
22 Loan 70 1 435 North Roxbury NAP NAP NAP NAP NAP No NAP Reese L. Milner II and Richard Gottlieb Reese L. Milner II and Daniel M. Gottlieb Trust No No Refinance No                         NAP
23 Loan 71 1 466 Broome Street NAP NAP NAP NAP NAP No NAP Albert Malekan Albert Malekan No No Refinance No                         NAP
24 Loan 72 1 Intuitive Surgical Sunnyvale NAP NAP NAP NAP NAP No NAP Lin Jia Lin Jia No No Refinance No                         NAP
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio NAP NAP NAP NAP NAP No NAP Shlomo Bakhash, Jonathan Bakhash and Elizabeth Bakhash Shlomo Bakhash, Jonathan Bakhash and Elizabeth Bakhash No No Refinance                           NAP
25.01 Property   1 459 Park Ave S                         No                         NAP
25.02 Property   1 147 W 111th St                         Yes                         NAP
25.03 Property   1 210 W 35th St                         No                         NAP
25.04 Property   1 60 Pearl St                         No                         NAP
25.05 Property   1 442-444 W 50th St                         No                         NAP
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega NAP NAP NAP NAP NAP No NAP Harbor Trading USA and Rubin Pachulski Properties 36, LLC Harbor Trading USA and Rubin Pachulski Properties 36, LLC No No Refinance No                         NAP
27 Loan 82 1 Southlake Center NAP NAP NAP NAP NAP No NAP Yakov "Jack" Friedler and James Khezrie Yakov "Jack" Friedler and James Khezrie No No Refinance No                         NAP
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons NAP NAP NAP NAP NAP No NAP Steven B. Wolfson and Milton S. Schneider Steven B. Wolfson and Milton S. Schneider No No Refinance No                         NAP
29 Loan   1 Westward Ho NAP NAP NAP NAP NAP Yes Mezzanine (Max Combined LTV of 63.6%; Min Combined DSCR of 1.27x; Min Combined DY of 7.12%; Intercreditor Agreement is required) Michael Gordon Windle Michael Gordon Windle No No Refinance No                         NAP
30 Loan 86, 87 1 Greystone Lofts NAP NAP NAP NAP NAP No NAP Urban Smart Growth Lance Robbins No No Refinance No                         NAP
31 Loan 88 3 SLJ Portfolio NAP NAP NAP NAP NAP No NAP Lawrence L. Jemal Lawrence L. Jemal No No Refinance                           NAP
31.01 Property   1 162-24 Jamaica Ave                         Yes                         NAP
31.02 Property   1 300 US Highway 202                         No                         NAP
31.03 Property   1 2706 Route 22                         No                         NAP
32 Loan 89, 90, 91, 92 6 SLF Portfolio NAP NAP NAP NAP NAP No NAP Stuart L. Fuss and Fuss Family Trust dated May 22, 2002 Stuart L. Fuss and Fuss Family Trust dated May 22, 2002 No Yes Recapitalization                           NAP
32.01 Property   1 Torrance                         No                         NAP
32.02 Property   1 West Jordan                         No                         NAP
32.03 Property   1 Bristol                         No                         NAP
32.04 Property   1 Chattanooga                         No                         NAP
32.05 Property   1 Wheaton                         No                         NAP
32.06 Property   1 Albertville                         No                         NAP
33 Loan 93, 94 1 223 Quaker Road NAP NAP NAP NAP NAP No NAP Jacob Hager and Naftali Hager Jacob Hager and Naftali Hager No No Refinance No                         NAP
34 Loan 95, 96 1 Junction 4121 NAP NAP NAP NAP NAP Yes Mezzanine (Max Combined LTV of 40.3%; Min Combined DSCR of 2.05x; Intercreditor Agreement is required) Richard Scott Ressler, Avraham Shemesh and Shaul Kuba SKR Holdings, LLC No No Refinance No                         NAP
35 Loan 97, 98, 99 1 Belcan HQ NAP NAP NAP NAP NAP No NAP BDP Holdings David Placek Yes No Acquisition No                         NAP
36 Loan 100, 101, 102 1 87-10 Northern Boulevard NAP NAP NAP NAP NAP No NAP Meir Babaev and Heskel Elias Meir Babaev and Heskel Elias No Yes Refinance No                         NAP
37 Loan 103 1 Lake Drive Plaza NAP NAP NAP NAP NAP No NAP Benjamin Michael Margiotta and Priority Properties LLC Benjamin Michael Margiotta and Priority Properties LLC No No Acquisition No                         NAP
38 Loan   1 Franklin Square NAP NAP NAP NAP NAP No NAP William Elliott and Thomas Messier Medalist Diversified REIT, Inc. No No Refinance No                         NAP
39 Loan   1 901 Corporate NAP NAP NAP NAP NAP No NAP Robert Korda Robert Korda No No Acquisition No                         NAP
40 Loan 104 1 Home Depot Nanuet NAP NAP NAP NAP NAP No NAP Abraham Israel Abraham Israel No No Refinance No                         NAP
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue NAP NAP NAP NAP NAP No NAP Sachin Wadhwa and Mahmood Abbas Sachin Wadhwa and Mahmood Abbas No No Acquisition No                         NAP
42 Loan 110 1 FedEx Topeka NAP NAP NAP NAP NAP No NAP John R. Brodersen John R. Brodersen No No Acquisition No                         NAP
43 Loan   1 Fondren Hill Apartments NAP NAP NAP NAP NAP No NAP Robert M. Dominy Robert M. Dominy No No Refinance Yes                         NAP
44 Loan 111 1 Brookside Industrial Park NAP NAP NAP NAP NAP Yes Preferred Equity Francis Greenburger Francis Greenburger No No Recapitalization No                         NAP
45 Loan 112 1 Shoppes of Mason NAP NAP NAP NAP NAP No NAP Benjamin Michael Margiotta and Priority Properties LLC Benjamin Michael Margiotta and Priority Properties LLC No No Acquisition No                         NAP
46 Loan   1 560 Village Boulevard NAP NAP NAP NAP NAP Yes Mezzanine (Max Combined LTV of 54.3%; Min Combined DSCR of 3.13x; Min Combined Debt Yield of 10.47%; Intercreditor Agreement is required) Arturo Alvarez Demalde Arturo Alvarez Demalde No No Acquisition No                         NAP
47 Loan 113, 114 1 7670 Woodway NAP NAP NAP NAP NAP No NAP Harry N. Shani and Feroze P. Bhandara Harry N. Shani and Feroze P. Bhandara No Yes Refinance No                         NAP
48 Loan 115 2 Maize & Blue 2 Pack NAP NAP NAP NAP NAP No NAP Prime Student Housing, Inc. Philip Sotiroff No No Recapitalization                           NAP
48.01 Property   1 1320 South University Avenue                         No                         NAP
48.02 Property   1 511 East Hoover Avenue                         No                         NAP
49 Loan   2 259 Reynolds & 678 Scotland NAP NAP NAP NAP NAP No NAP Dean Serratelli Dean Serratelli No No Refinance                           NAP
49.01 Property   1 678 Scotland                         No                         NAP
49.02 Property   1 259 Reynolds                         Yes                         NAP
50 Loan   7 CityLine Storage Express Portfolio NAP NAP NAP NAP NAP No NAP George Thacker, Lawerence Charles Kaplan and Richard Schontz George Thacker, Lawerence Charles Kaplan and Richard Schontz No No Acquisition                           NAP
50.01 Property   1 Storage Express - Waverly                         No                         NAP
50.02 Property   1 Storage Express - Chapel Hill                         No                         NAP
50.03 Property   1 Storage Express - Pulaski                         No                         NAP
50.04 Property   1 Storage Express - Hohenwald                         No                         NAP
50.05 Property   1 Storage Express - Mt. Pleasant                         No                         NAP
50.06 Property   1 Storage Express - Shelbyville                         Yes                         NAP
50.07 Property   1 Storage Express - Lawrenceburg                         No                         NAP
51 Loan   1 145 Saw Mill Road NAP NAP NAP NAP NAP No NAP George Huang George Huang No No Acquisition No                         NAP
52 Loan   1 Springfield Plaza NAP NAP NAP NAP NAP No NAP Mike M. Nassimi Mike M. Nassimi No No Refinance Yes                         NAP
53 Loan   1 Willow Tree Apartments NAP NAP NAP NAP NAP No NAP David Cohen David Cohen No No Refinance No                         NAP
54 Loan   1 233 Jackson Street NAP NAP NAP NAP NAP No NAP Mendel Fleischman Mendel Fleischman No No Refinance No                         NAP
55 Loan   1 Fresenius Medical Center Melbourne NAP NAP NAP NAP NAP No NAP Constance Cincotta Constance Cincotta No No Acquisition No                         NAP
56 Loan 116 1 1048 Manzanita NAP NAP NAP NAP NAP Yes Mezzanine (Max Combined LTV of 27.6%; Min Combined DSCR of 1.95x; Intercreditor Agreement is required) Richard Scott Ressler, Avraham Shemesh and Shaul Kuba SKR Holdings, LLC No No Refinance No                         NAP
57 Loan 117 1 CVS Newnan NAP NAP NAP NAP NAP No NAP Alison Weinsweig Alison Weinsweig No No Acquisition No                         NAP

 

    

 

 

                                 
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                                 
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 1 CX - 350 & 450 Water Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 20, 21, 22, 23 1 Greenwich Office Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 8, 24, 25, 26 1 Novo Nordisk HQ NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 8, 27, 28, 29, 30 1 One Memorial Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 31, 32, 33, 34 6 Memphis Industrial Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.01 Property   1 5000 East Raines Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.02 Property   1 6125 Shelby Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.03 Property   1 4219 Air Trans Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.04 Property   1 4502 Maass Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.05 Property   1 3615 Lamar Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5.06 Property   1 3638-3684 Contract Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan   2 Hall Office Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Building E1 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 Freeport 9 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 8, 35, 36, 37, 38 1 La Encantada NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 8, 39 3 TLR Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.01 Property   1 Bahia Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.02 Property   1 Royal Breeze Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.03 Property   1 Lenox Place Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 40, 41 1 40 Gansevoort NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 42, 43, 44 4 In-Rel 4 Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 50 Penn Place NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Beacon Ridge Tower NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.03 Property   1 100 Concourse NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.04 Property   1 800 Concourse NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 8, 45, 46, 47, 47, 48, 49, 50, 51, 52 1 The Eddy NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan   6 JMT Chicago Multi Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.01 Property   1 Somerset I NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.02 Property   1 Oak Lawn NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.03 Property   1 Somerset II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.04 Property   1 Kenmore NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.05 Property   1 Somerset III NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.06 Property   1 Washington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 8, 53, 54 1 Charcuterie Artisans SLB NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 8, 55, 56, 57, 58, 59 2 Nyberg Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14.01 Property   1 Nyberg Rivers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14.02 Property   1 Nyberg Woods NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 8, 60, 61, 62, 63 4 Sara Lee Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.01 Property   1 2314 Sybrandt Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.02 Property   1 110 Sara Lee Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.03 Property   1 1528 South Hayford Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.04 Property   1 105 Ashland Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 The Colony Cooperative NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 64 1 Hyde Park Gardens Cooperative NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 65 1 SolutionReach NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 8, 66 1 The Veranda NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 67, 68 2 Harbor Bay Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.01 Property   1 PGA Tour Superstore NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20.02 Property   1 Denver West Office NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 68, 69 1 Fresenius Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 70 1 435 North Roxbury NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 71 1 466 Broome Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 72 1 Intuitive Surgical Sunnyvale NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 73, 74, 75, 76, 77 5 Bakhash NYC Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.01 Property   1 459 Park Ave S NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.02 Property   1 147 W 111th St NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.03 Property   1 210 W 35th St NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.04 Property   1 60 Pearl St NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.05 Property   1 442-444 W 50th St NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 8, 78, 79, 80, 81 1 Plaza La Cienega NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 82 1 Southlake Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 8, 83, 84, 85 1 Audubon Crossings & Commons NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan   1 Westward Ho NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 86, 87 1 Greystone Lofts NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 88 3 SLJ Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31.01 Property   1 162-24 Jamaica Ave NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31.02 Property   1 300 US Highway 202 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31.03 Property   1 2706 Route 22 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 89, 90, 91, 92 6 SLF Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.01 Property   1 Torrance NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.02 Property   1 West Jordan NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.03 Property   1 Bristol NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.04 Property   1 Chattanooga NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.05 Property   1 Wheaton NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32.06 Property   1 Albertville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 93, 94 1 223 Quaker Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 95, 96 1 Junction 4121 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 97, 98, 99 1 Belcan HQ NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 100, 101, 102 1 87-10 Northern Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan 103 1 Lake Drive Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan   1 Franklin Square NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan   1 901 Corporate NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 104 1 Home Depot Nanuet NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 105, 106, 107, 108, 109 1 8900 South Congress Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 110 1 FedEx Topeka NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan   1 Fondren Hill Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 111 1 Brookside Industrial Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan 112 1 Shoppes of Mason NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan   1 560 Village Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 113, 114 1 7670 Woodway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 115 2 Maize & Blue 2 Pack NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48.01 Property   1 1320 South University Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48.02 Property   1 511 East Hoover Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan   2 259 Reynolds & 678 Scotland NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49.01 Property   1 678 Scotland NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49.02 Property   1 259 Reynolds NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan   7 CityLine Storage Express Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.01 Property   1 Storage Express - Waverly NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.02 Property   1 Storage Express - Chapel Hill NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.03 Property   1 Storage Express - Pulaski NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.04 Property   1 Storage Express - Hohenwald NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.05 Property   1 Storage Express - Mt. Pleasant NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.06 Property   1 Storage Express - Shelbyville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50.07 Property   1 Storage Express - Lawrenceburg NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan   1 145 Saw Mill Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan   1 Springfield Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
53 Loan   1 Willow Tree Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
54 Loan   1 233 Jackson Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
55 Loan   1 Fresenius Medical Center Melbourne NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
56 Loan 116 1 1048 Manzanita NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
57 Loan 117 1 CVS Newnan NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

    

 

 

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 (P&I)($) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period.
   
(3) The open period is inclusive of the Maturity Date or Anticipated Repayment Date.
   
(4) Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) are calculated based on amortizing debt service payments (except for interest-only loans).
   
(5) Leased Occupancy (%) reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.
   
(6) The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease.
   
(7) If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.
   
(8) The Cut-off Date Balance ($) reflects only the Mortgage Loan included in the Issuing Entity (which may be evidenced by one or more promissory notes); however, such Mortgage Loan is part of a Loan Combination comprised of such Mortgage Loan and one or more Pari Passu Companion Loan(s) and/or Subordinate Companion Loan(s) that are held outside the Issuing Entity, each of which is evidenced by one or more separate promissory notes.  With respect to each such Mortgage Loan that is part of a Loan Combination, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan Per Unit ($) 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 additional information regarding the loan combination(s).
   
    

 

 

(9) Property Located Within a Qualified Opportunity Zone (Y/N) reflects Mortgaged Properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his or her delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ.
   
(10) The mortgage loan is part of a Loan Combination that was co-originated by DBR Investments Co. Limited (“DBRI”), JPMorgan Chase Bank ("JPMCB"), National Association, Bank of America, N.A. and 3650 Cal Bridge Lending, LLC. GACC will be contributing Note A-1-2, Note A-1-4, and Note A-1-9 with an aggregate Cut-off Date Balance of $124,161,224.43 and JPMCB will be contributing Note A-3-3 with a Cut-off Date Balance of $23,979,591.86 to the BMARK 2021-B31 securitization.
   
(11) The Mortgaged Property includes (i) the 350 Water Street building (Parcel G), which is a laboratory building consisting of 511,157 SF and (ii) the 450 Water Street building (Parcel H), which is a contemporary office building consisting of 404,076 SF.
   
(12) The related ESA identified a REC at each of the two buildings comprising the Mortgaged Property in connection with residual subsurface impacts from historical releases of chemicals including volatile organic compounds, hydrocarbons and heavy metals. Remediation is ongoing, and once completed and filed, the Mortgaged Property will be subject to a certain Notice of Activity and Use Limitations. See “Description of the Mortgage Pool—Use Restrictions” and “—Environmental Considerations” in this Preliminary Prospectus for additional information.
   
(13) The CX – 350 & 450 Water Street Loan Combination is structured with an Anticipated Repayment Date (“ARD”) of November 6, 2031 and a final maturity date of November 6, 2036. The initial interest rate for the CX – 350 & 450 Water Street Loan Combination is 2.79200% per annum. After the ARD, the interest rate will increase by 200 basis points over the greater of (x) 2.792000%, and (y) (1) the swap rate defined in the loan agreement in effect on the ARD plus (2) 1.26000%.
   
(14) The “Prospective Market Value Upon Completion & Stabilization” appraised value of $1.954 billion as of April 1, 2023 assumes that the outstanding capital expenditure of approximately $56 million for the 350 Water Street building and $80 million for 450 Water Street building are fully funded and reserved by the lender, and that these reserved funds would pass with title to any purchaser of the CX – 350 & 450 Water Street Property. The appraisal concluded to an “as-is” appraised value of $1.778 billion as of September 8, 2021. The “as-is” appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 45.8% for the CX – 350 & 450 Water Street senior notes, and a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 68.9% for the CX – 350 & 450 Water Street Loan Combination.
    

 

 

   
(15) The CX – 350 & 450 Water Street Loan Combination may be voluntarily prepaid in whole (but not in part) beginning on or after the payment date in December 2023 with a  yield maintenance premium if such prepayment occurs prior to the payment date in May 2031. In addition, the CX – 350 & 450 Water Street Loan Combination may be defeased in whole (but not in part) at any time after the earlier to occur of (i) October 14, 2024 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.
   
(16) The sole tenant, Aventis Inc., has two leases expiring in June 2036 and November 2036, respectively. The November 2036 expiration date is based on an anticipated rent commencement of November 10, 2021. The actual rent commencement date, anniversary date, and expiration date to be determined as provided in the 450 Water Street lease and amendments, related to the substantial completion of the base building work at the 450 Water Street building.
   
(17) The sole tenant, Aventis Inc.,  has the right to terminate each of its leases, with a termination fee, effective as of the end of the respective 14th lease year. If Aventis Inc. chooses to exercise the early termination right, it must deliver to the landlord between 24 and 36 months prior to the early termination date (a) notice that the early termination right has been exercised and (b) the early termination payment. The early termination payment equals the sum of (i) the 12 monthly installments of base rent that would have been due for the 12-month period immediately following the early termination date in the absence of such termination and (ii) the stipulated operating expenses/tax component per the lease.
   
(18) The sole tenant, Aventis Inc. executed two, 15-year leases at the CX – 350 & 450 Water Street Property in late 2018. The rent commencement date of the lease at 350 Water Street was July 1, 2021. The rent commencement date of the lease at 450 Water Street is tied to substantial completion,  such that rent commencement will occur on the later of (i) November 10, 2021 and (ii) the date that is 46 days prior to the substantial completion date for the base building work. As of the date of this term sheet, the rent commencement date has not yet occurred. The sole tenant, Aventis Inc. is not yet in occupancy of either 350 Water Street or 450 Water Street, pending the buildout of its space.  We cannot assure you that the buildout of the CX – 350 & 450 Water Street Property will be completed as expected or at all, or that Aventis Inc. will take occupancy as expected or at all. At loan origination, the borrowers reserved approximately $10,732,231 into a gap rent reserve for the Aventis Inc. lease related to 450 Water Street. Aventis Inc. has the right to terminate each of its respective leases effective as of the end of the 14th lease year subject to a termination fee equal to 12 months base rent.
   
(19) Historical financial information and occupancy is not available because the CX - 350 & 450 Water Street Property is currently under construction. As of October 8, 2021, the base building work for the CX – 350 & 450 Water Street Property is 90% complete.
   
    

 

 

(20) The mortgage loan is part of a Loan Combination that was co-originated by DBRI, and Citi Real Estate Funding Inc. (“CREFI”). DBRI will be contributing Note A-1, which has a Cut-off Date Balance of $56,400,000, and CREFI will be contributing Note A-2, which has a Cut-off Date Balance of $37,600,000 to the BMARK 2021-B31 securitization.
   
(21) The mortgage loan is secured by both the fee simple and leasehold interest in the mortgaged property. Building 9 is on a 0.95 acre portion of the property which is ground leased under a ground lease  which commenced in September 1977 and runs through September 2076, with approximately 55 years remaining.  The current rent is approximately $34,385 annually and will increase in 2023 to approximately $39,543, which will remain the annual rent through September 2032. The ground lease provides that annual rent from September 2032 through the remaining term of the ground lease will be determined by agreement between the ground lessor and ground lessee, and that such agreement must incorporate commercially reasonable escalators to become effective at commercially reasonable intervals.  If the parties are unable to reach agreement on the annual rent for the remainder of the term by the end of September 2032, the rent is required to be determined by binding arbitration. See “Description of the Mortgage Pool—Leasehold Interests” in the Preliminary Prospectus.
   
(22) A monthly TI/LC reserve will be funded if the amount on deposit in the reserve account falls below $1,500,000. In such event, monthly TI/LC reserves will be funded on a monthly basis in the amount of $42,906.13 and capped at $2,000,000 subject to replenishment.
   
(23) The borrower may obtain the free release of any unimproved, non-income producing vacant land at the property and the parking lots at the property, which parcel(s) may be released from time-to-time, which parcel(s) are identified in a schedule to the loan documents and the exact size and location of which must be reasonably approved by the lender, provided that certain conditions are satisfied.  In order to effect such a release, the borrower may convert the entire property to an air-rights condominium form of ownership, provided that certain conditions are satisfied, including but not limited to lender approval of the condominium documents, the condominium units and the common areas, and compliance with REMIC requirements.
   
(24) The Novo Nordisk Loan Combination is structured with an ARD of November 6, 2026 and a final maturity date of April 6, 2031. The initial interest rate for the Novo Nordisk HQ Loan Combination is 2.83800% per annum. From and after the ARD, the per annum interest rate will be equal to the greater of (i) the initial interest rate plus 2.5000% and (ii) the swap rate (as calculated in the Novo Nordisk HQ Loan Combination documents) in effect on the ARD plus 4.19000%
   
(25) The Novo Nordisk Loan Combination may be defeased in whole (but not in part) at any time after the earlier to occur of (i) November 5, 2024 or (ii) the second anniversary of the closing date of the securitization that includes the last note of the Novo Nordisk HQ Loan Combination to be securitized. On or after the monthly payment date in July 2026, the Novo Nordisk HQ Loan Combination may be voluntarily prepaid in whole and in part without penalty.
   
    

 

 

(26) In connection with the sale of the property to the related borrower, such borrower’s sole member (the “Novo Sole Member”) entered into an earnout agreement (the “Novo Earnout Agreement”) with the prior owner of the property (the “Novo Seller”) whereby the Novo Sole Member agreed to make a payment to the Novo Seller if the tenant at the property ever exercised its expansion option under its lease (the “Novo Earnout Obligation”).  The Novo Earnout Obligation is secured by a pledge of the Novo Sole Member’s 100% ownership interest in the borrower pursuant to a pledge agreement (the “Novo Earnout Pledge Agreement”). At origination, (i) the related lender funded a reserve equal to the Novo Earnout Obligation, which amount is required to be released to the Novo Seller, provided no event of default is continuing under the loan documents, as and when such amounts are due and payable under the Novo Earnout Agreement and (ii) the lender entered into a recognition agreement with the Novo Seller pursuant to which the lender agreed, among other things, (i) to allow the Novo Seller to foreclose on the pledge and take control of the borrower so long as a preapproved control party will own/control such borrower after foreclosure and so long as the permitted transfer provisions of the loan agreement and recognition agreement are satisfied and (ii) to allow the Novo Seller to purchase the Novo Nordisk Loan Combination upon notice to the Property Seller that an event of default under the Novo Nordisk Loan Combination is continuing (at a purchase price equal to the full outstanding amount of the debt, including all default interest, fees and expenses).
   
(27) The Mortgaged Property is subject to a certain Notice of Activity and Use Limitation related to the presence of chlorinated volatile organic compounds previously detected in the groundwater underneath the Mortgaged Property.
   
(28) The One Memorial Drive Loan Combination may be voluntarily prepaid in whole (but not in part) beginning on the business day after the second anniversary of the first monthly payment date with the payment of the yield maintenance premium if such prepayment occurs on or prior to the monthly payment date which is six months prior to the maturity date of the One Memorial Loan Combination. In addition, the One Memorial Drive Loan Combination may be defeased in whole (but not in part) at any time after the earlier to occur of (i) November 5, 2024 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.
   
(29) The Largest Tenant, InterSystems Corporation, has the right to expand its leased space to any space in the building that the borrower anticipates will be available for delivery to InterSystems Corporation after July 1, 2024 and prior to June 30, 2025 (the “Potential Expansion Premises”). If the borrower does not have any Potential Expansion Premises, then InterSystems will have the right to terminate its lease in whole or in part provided that any remaining space must consist of at least three full floors that are either not located in a contiguous block, or if located in a contiguous block, are contiguous to each other and located at the top or bottom of such block upon notice within six months of receipt of the borrower’s notice that no Potential Expansion Premises are available and upon the payment of a termination fee. The termination date will be at least 18 months after the date of InterSystems’ termination notice, during which time the One Memorial Drive Loan would be subject to an excess cash sweep (capped at $50 per square foot) and will occur during the period beginning July 1, 2025 and ending December 31, 2025.  It is anticipated that Potential Expansion Premises will not be available given the expiration dates of existing leases.
    

 

 

   
(30) The Loan Combination documents permit upper-tier financing by holders of indirect equity in the borrower secured by such indirect equity in the borrower (the “Permitted Pledge”), provided, among other restrictions, (a) such Permitted Pledge is secured by assets other than the Mortgaged Property (other than any indirect interest in cash flow from the Mortgaged Property) or any direct equity interest in the borrower, (b) such Permitted Pledge will not result in a change of control in the borrower and (c) at all times following such Permitted Pledge, at least one of the borrower sponsors owns at least a 25% legal and beneficial interest in and controls the borrower.
   
(31) The Largest Tenant, Thyssenkrupp Supply Chain Services NA, Inc., leases 570,345 square feet of space that expires on December 31, 2021 and 11,000 square feet of space that expires on July 31, 2023.
   
(32) The Largest Tenant, Thyssenkrupp Supply Chain Services NA, Inc., has the right to terminate 515,106 square feet of space any time after March 1, 2022 with 30 days' notice. The Third Largest Tenant, Neovia Logistics Services, LLC, Inc., has the one time right to terminate its lease on May 31, 2023 upon notice given no later than February 28, 2023.
   
(33) The Largest Tenant, Thyssenkrupp Supply Chain Services NA, Inc., has the right to terminate its lease with 90 days' notice. The Second Largest Tenant, Blues City Brewery, is month to month tenant and has the right to terminate its lease with 30 days' notice.
   
(34) The Largest Tenant, Nebraska Defense Research Corporation, has the right to terminate its lease after March 31, 2026 of the lease term with six months' notice. The Second Largest Tenant, Department of Administrative Services, has the right to terminate its lease with (i) 180 days' notice and (ii) payment of an amount equal to the unamortized costs, fees, and expenses for the TI Allowance. The Third Largest Tenant, Saint Francis Community Services in Nebraska, Inc., has the right to terminate its lease after the 12th full month of the lease term with 90 days' notice.
   
(35) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the fact that the most recent period reflects months impacted by the COVID-19 pandemic. In addition, the Underwritten Net Operating Income ($) includes rent steps, improved sales and new leases signed.
   
(36) The lockout period will be at least 26 payment dates beginning with and including the first payment date in November 2021. Defeasance of the La Encantada Loan Combination in full is permitted on the first payment date following the earlier to occur of (i) September 17, 2024 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 2021-B31 securitization closing date in December 2021. The actual lockout period may be longer.
   
    

 

 

(37) The Second Largest Tenant at the La Encantada Mortgaged Property, Crate & Barrel, may terminate its lease with 90 days’ written notice to the landlord. The Fourth Largest Tenant at the La Encantada Mortgaged Property, West Elm, has the right to terminate its lease if it does not achieve gross sales totaling at least $3,000,000 during its fifth lease year (February 2025 through January 2026) (the "Sales Measuring Period") with notice to the landlord no later than 180 days after the end of the Sales Measuring Period.
   
(38) On each payment date, if and to the extent the amount contained in the TI/LC reserve account is less than $1,000,000 (excluding lease termination payments), the borrowers are required to deposit into the TI/LC reserve account a Monthly TI/LC Reserve ($) amount equal to $20,500, unless the TI/LC reserve account is thereafter equal to $2,000,000 (excluding lease termination payments).
   
(39) The Mortgage Loan was co-originated by CREFI and LMF Commercial, LLC.
   
(40) During the period commencing on January 1, 2022 and continuing through and including December 31, 2027, the monthly rental obligations of the sole tenant at the Mortgaged Property will be reduced by $8,333.33, for a total rent abatement of $600,000. At origination the borrower funded a $100,000 rent concession reserve.
   
(41) The borrower is not required to make monthly payments into the Monthly Other Reserve ($) for ground lease reserve. However, (a) if at any time the amounts on deposit in the ground lease reserve account will be less than one month of then current ground rent, within two business days after Lender’s request the borrower will be required to make a true up payment in an amount of such deficiency into the Monthly Other Reserve ($) for ground lease reserve fund; or (b) upon the occurrence of a cash sweep event under the Mortgage Loan documents or if the Ground Lease Reserve Waiver Conditions (as defined below) fails to be satisfied, on each Payment Due Date, the borrower will be required to pay to 1/12 of rents and other charges due under the ground lease that the lender estimates will be payable by the borrower under the ground lease during the next ensuing 12 months. If the Ground Lease Reserve Waiver Conditions are not satisfied and at any time the lender reasonably determines that the ground lease reserve fund is not or will not be sufficient to pay the ground rent by the dates set forth above, the lender will notify the borrower of such determination and the borrower will be required to increase its monthly payments to the lender by the amount that the lender estimates is sufficient to make up the deficiency at least 30 days prior to the due date of the ground rent. “Ground Lease Reserve Waiver Conditions” means: (i) the borrower is timely paying all amounts due under the ground lease and is not otherwise in default thereunder, (ii) the borrower provides evidence of all such payments not less than two business days prior to the date due and (iii) no cash sweep period or event of default under the Mortgage Loan documents exists.
   
(42) The TI/LC Caps ($) is exclusive of the Upfront TI/LC Reserve ($) that was deposited on the origination date.
   
(43) The Largest Tenant, PRA Holding, LLC/Portfolio Recovery, has the right to terminate its lease with 9 months' notice.
    

 

 

   
(44) The Fourth Largest Tenant, Lumend Surgical Dermatology, LLC, has the right to terminate its lease with (i) 12 months' notice prior to September 30, 2022 and (ii) payment of termination fee of landlord's unamortized costs of (a) improvements made pursuant to the lease, (b) real estate commissions paid by landlord in connection with the lease and (iii) free rent or other concessions provided to tenant, with interest at an annual rate of 8%. The Fifth Largest Tenant, Five Points Healthcare of Alabama, LLC, has the right to terminate its lease with (i) 180 days' notice prior to October 31, 2025 and (ii) payment of termination fee of landlord's unamortized costs of (a) improvements made pursuant to the lease, (b) real estate commissions paid by landlord in connection with the lease and (iii) free rent or other concessions provided to tenant, with interest at an annual rate of 9%.
   
(45) The mortgage loan is part of a Loan Combination that was co-originated by DBRI, American General Life Insurance Company, and The Variable Annuity Life Insurance Company.
   
(46) The “As Stabilized” appraised value of $141.3 million as of October 1, 2022 assumes the stabilized operation of the property as of the stabilization date, including the expiration of concessions. The appraisal concluded to an “as-is” appraised value of $140.1 million as of October 13, 2021. The “as-is” appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 30.7% and 27.3%, respectively.
   
(47) The Eddy Loan Combination may be voluntarily prepaid in whole (but not in part) beginning on or after December 1, 2024 with a yield maintenance premium if such prepayment occurs prior to October 1, 2031.
   
(48) The property was recently completed and opened for leasing in February 2021. Therefore historical financial information is not available.
   
    

 

 

(49) The related Loan Combination is evidenced by two notes with an aggregate outstanding principal balance as of the Cut-off Date of approximately $90.0 million, along with a $10.0 million future advance component not reflected in the original principal balance. The Eddy Mortgage Loan, which has a principal balance of $43.0 million as of the Cut-off Date, will be included in the trust.  The Eddy Mortgage Loan is senior to The Eddy Subordinate Companion Loan, which has a principal balance of approximately $47.0 million as of the Cut-off Date and will not be included in the trust. The Eddy Subordinate Companion Loan bears interest at the rate of 3.28797872340425% per annum. The Eddy Loan Combination is also structured with a $10.0 million earnout future advance to be funded in up to two installments by lenders other than the issuing entity (the holders of such notes, the “Future Funding Lenders”) during the first three years of the loan, which are split into: A notes in the maximum principal amount of $4,777,778 and B notes in the maximum principal amount of $5,222,222 (collectively “Future Funding Notes”).  Pursuant to the loan documents, only the Future Funding Lenders are obligated to make such future advance.  The future advance is conditioned upon (1) no event of default has occurred and is continuing; (2) after giving effect to the future advance, the total debt yield based upon the aggregate outstanding loan amount will be equal to or greater than 7.25% and the debt service coverage ratio based upon the aggregate outstanding loan amount will be greater than or equal to 1.25x (based upon 30-year amortization); (3) after giving effect to the future advance, the loan-to-value ratio for the total outstanding loan amount, based upon an updated “as-is” appraisal obtained by and reasonably satisfactory to the lender will not exceed 65.0%. The interest rate on the future advance will be the greater of (i) the highest rate of interest that can be obtained under the Future Funding Notes such that the blended interest rate of all of the notes evidencing The Eddy Loan Combination after taking into account the making of the future advance(s) thereunder equals 2.89% or (ii) the lender's then current spread for multifamily loans plus the semiannual yield on the Treasury Constant Maturity Series with maturity equal to the remaining weighted average life of the Loan Combination, for the week prior to the date of the Future Earnout Advance, as reported in Federal Reserve Statistical Release H.15 - Selected Interest Rates, conclusively determined by the lender on the date of the Future Earnout Advance.  In each case, the rate will be determined by linear interpolation between the yields reported in Release H.15, if necessary.
   
(50) The mortgage loan Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan Per Unit ($) calculations reflect The Eddy Mortgage Loan, and excludes The Eddy Non-Trust Subordinate Companion Loan and the future advance. The Cut-off Date LTV Ratio (%) of The Eddy Mortgage Loan and The Eddy Loan Combination (i) assuming the future advance is fully advanced and based on the “as is” appraised value are 34.1% and 71.4%, respectively, and (ii)  assuming the future advance is fully advanced and based on the “as stabilized” appraised value are 33.8% and 70.8%, respectively.  Assuming the future advance is fully advanced, the Underwritten NOI Debt Yield (%) and Whole Loan Underwritten NOI Debt Yield (%)  are 13.0% and 6.2%.
   
    

 

 

(51) The borrower is party to that certain Financial Agreement for Long Tax Exemption, dated as of July 10, 2019, between the borrower and the Town of Harrison. The tax abatement term is approximately 30 years. The applicable tax law allows the town to accept an annual service charge paid by the borrower in lieu of real estate property taxes. Real estate taxes were underwritten based on the first year’s abated taxes under such agreement. See “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” in the Preliminary Prospectus.”  The Property is also part of a condominium development, which includes an adjacent 242-unit multifamily property known as Dey & Bergen which was also completed in early 2021, pursuant to certain Master Deed for Benjamin Harrison Commercial Condominium, dated as of October 21, 2019. See “Description of the Mortgage Pool—Condominium Interests and Other Shared Interests” in the Preliminary Prospectus.”  
   
(52) The Underwritten NOI DSCR (x) and Underwritten NCF DSCR (x) is calculated based on the aggregate debt service during the 12-month period commencing January 1, 2027 and is calculated based on the outstanding principal balance as of the Cut-off Date of The Eddy mortgage loan, and excludes The Eddy subordinate companion loan and the future earnout advance. The Whole Loan Underwritten NCF DSCR (x) is calculated based on the aggregate debt service during the 12-month period commencing January 1, 2027 and is calculated based on the outstanding principal balance as of the Cut-off Date of The Eddy loan combination, including The Eddy subordinate companion loan and excluding the future earnout advance. See Annex G in this prospectus which provides for amortizing debt service payments based on the non-standard amortization schedule.
   
(53) Historical financials are not available as the Mortgaged Property was acquired at origination.
   
(54) The lockout period will be at least 24 payment dates beginning with and including the first payment date of January 6, 2022. For the purposes of this preliminary prospectus, the assumed lockout period of 24 months is based on the expected BMARK 2021-B31 securitization closing date in December 2021. The actual lockout period may be longer.
   
(55) The Nyberg Portfolio Loan Combination may be voluntarily prepaid in whole (but not in part) beginning on the occurrence of the second anniversary of the first monthly payment date with the payment of the yield maintenance premium if such prepayment occurs prior to the payment date that is three months prior to the maturity date of The Nyberg Portfolio Loan Combination. In addition, Nyberg Portfolio Loan Combination may be defeased in whole (but not in part) at any time after the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. Although the Nyberg Portfolio Loan Combination is comprised of two individual properties, the Nyberg Portfolio Loan Combination documents do not permit partial prepayment or partial defeasance because the two individual properties are located directly across from one another and are split by Interstate 5, a major interstate highway.
   
    

 

 

(56) Although the Nyberg Portfolio Loan Combination is comprised of two individual properties, the Nyberg Portfolio Loan Combination documents do not permit partial prepayment or partial defeasance because the two individual properties are located directly across from one another and are split by Interstate 5.
   
(57) The increase by 10% or more from Most Recent NOI to Underwritten Net Operating Income is primarily attributable to, among other factors, new leasing and expiration of free rent periods for certain tenants.
   
(58) The Second Largest Tenant, LA Fitness, was not current on its rent payment obligations for the months of April 2020, May 2020, June 2020, December 2020, January 2021, and February 2021. The tenant has been current on its rent payment since March 2021 and is negotiating with the landlord to finalize a rent payback schedule.
   
(59) The Largest Tenant, Best Buy, had its rent payment obligations for April 2020 through May 2020 deferred and is currently repaying all deferred obligations through December 31, 2021.
   
(60) The Sara Lee Portfolio Loan Combination may be voluntarily prepaid in whole (but not in part) beginning on or after the payment date in December 2023 with a yield maintenance premium if such prepayment occurs prior to the payment date in July 2031. In addition, the Sara Lee Portfolio Loan Combination may be defeased in whole (but not in part) at any time after the earlier to occur of (i) November 17, 2024 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.
   
(61) The sole tenant, Sara Lee, signed a new 20-year lease as part of a sale-leaseback in July 2021, therefore historical financial information is not available.
   
(62) Provided no event of default has occurred and is continuing under the lease, the sole tenant, Sara Lee, will have the right, without the landlord’s consent, one or more times during the term to (i) sublease any or all of the property to an affiliate or (ii) sublease up to 25% of the rentable square footage of the properties, collectively as a portfolio (each such sublease, a “Permitted Sublease”), provided that any such Permitted Sublease has a term which does not extend past the term (as the same may have been extended) or earlier termination of the lease and the terms and provisions of the Permitted Sublease will be expressly subject and subordinate in all respects to the terms and provisions of the lease and to and to the mortgage. The tenant will remain liable for its obligations under the lease notwithstanding any sublease.
   
    

 

 

(63) The sole tenant pays rent quarterly. On each monthly payment date occurring in January, April, July, and October during the continuance of a trigger period other than a trigger period continuing solely due to a mezzanine trigger period, two-thirds (2/3) of all funds deposited into the deposit account during the immediately preceding interest period will be transferred into the Sara Lee quarterly rent allocation account. On each monthly payment date occurring in February, May, August and/or November, one-half (1/2) of all funds in the Sara Lee quarterly rent allocation account (if any) will be transferred to the deposit account. On each monthly payment date occurring in March, June, September and/or December, all funds in the Sara Lee quarterly rent allocation account (if any) will be transferred to the deposit account. Any funds remaining in the Sara Lee quarterly rent allocation account (if any) after either (i) all trigger periods (other than a trigger period solely due to a mezzanine trigger period) have been cured or (ii) the obligations have been paid in full shall, in each case, be returned to the borrower.
   
(64) The “As Is” appraised value of the Mortgaged Property of $169,000,000 includes the “extraordinary” assumption that the units could achieve rents commensurate with comparable non-rent stabilized units should the cooperative corporation be de-converted.
   
(65) The sole tenant at the Mortgaged Property, SolutionReach, subleases approximately 68.5% of net rentable square footage to six subtenants.  Each sublease expires prior to the expiration date of the prime lease, which is on April 30, 2027. The weighted average sub rent is greater than the prime rent.
   
(66) The Largest Tenant, Dave & Buster’s, is currently in a rent deferral period through December 31, 2021 related to the COVID-19 pandemic, during which the tenant is required to pay the lesser of (a) approximately $74,142 per month, plus 10% of gross sales in excess of $500,000 for such month, or (b) the base rent otherwise due for such month under the lease. The tenant is required to repay the deferred portion of the base rent in monthly payments commencing in January 2022 through September 2029, in addition to the monthly base rent payable for such months.
   
(67) Historical financials are not available as the Mortgaged Properties were acquired at origination.
   
(68) The Harbor Bay Portfolio Mortgage Loan and Fresenius Industrial Mortgage Loan are cross-collateralized and cross-defaulted. The % of Loan Balance, Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan Per Unit ($) are based on the aggregate of both loans.
   
(69) Historical financials are not available as the Mortgaged Property was acquired at origination.
   
(70) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to recent leasing.
    

 

 

   
(71) The Mortgaged Property consists of (i) 22,000 square feet of office space, (ii) 9,800 square feet of retail space
   
(72) Historical financial information is not available because the Sole tenant, Intuitive Surgical, Inc. executed a NNN lease commencing on February 1, 2019.
   
(73) The Mortgaged Property consists of (i) 1,500 square feet of retail space and (ii) nine multifamily units.
   
(74) The Mortgaged Property consists of 10 multifamily units.
   
(75) The Mortgaged Property consists of (i) 4,780 square feet of retail space and (ii) 1,300 square feet of office space.
   
(76) The Mortgaged Property consists of (i) 3,080 square feet of retail space and (ii) three multifamily units.
   
(77) The Mortgaged Property consists of (i) 850 square feet of retail space and (ii) 14 multifamily units.
   
(78) The Mortgaged Property consists of Rains, LLC’s, one of the two related borrowers, fee interest in the Plaza La Cienega Property, as well as LaCienega-Sawyer Ltd.’s, the second of the two related borrowers, leasehold interest in the Plaza La Cienega Property, which it holds pursuant to a ground lease dated April 1, 1971 between Rains, LLC, as ground lessor, and LaCienega-Sawyer Ltd., as ground lessee. The monthly rent payment under such ground lease is $1.00. The ground lease expires on March 31, 2041 with one 29-year extension option remaining.
   
(79) The Fifth Largest Tenant at the Plaza La Cienega Mortgaged Property, CVS, has the option to terminate its lease on November 30, 2021, and every 10 years thereafter, upon 90 days’ notice.
   
(80) The Monthly Replacement / FF&E Reserve ($) is (i) approximately $8,412 prior to the date that is 72 months after the origination date and (ii) approximately $1,721 from and after the date that is 72 months after the origination date.
   
(81) The lockout period will be at least 26 payment dates beginning with and including the first payment date of November 6, 2021. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected BMARK 2021-B31 securitization closing date in December 2021. The actual lockout period may be longer.
   
(82) The monthly TI/LC Reserve ($) increases to $62,500 and the TI/LC Caps ($) increases to $2,000,000 if the debt service coverage ratio falls below 4.00x.
   
    

 

 

(83) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the inclusion of base rent and reimbursements from three new signed leases (Octopharma, Affordable Care and Oak Street Health).
   
(84) The Public Service Electrical Gas Company leases to the borrower a right of way over a parcel of land for access, ingress/egress, landscaping and the operation of a sanitary line and storm sewer (the “PSE&G Lease”). The PSE&G Lease commenced in December 2005, expires in December 2035 and has two consecutive, five-year renewal options (resulting in an as-extended term that is less than 20 years beyond the stated maturity date of the related Mortgage Loan). The annual ground rent payable under the PSE&G Lease was originally $3,900, with CPI adjustments occurring every five years during the term beginning with the sixth lease year. Current annual ground rent is approximately $22,510.
   
(85) On each payment date beginning in September 2021 through August 2023, the borrowers are required to deposit into the rollover reserve account a Monthly Other Reserve ($) amount equal to approximately $20,833.
   
(86) The borrowers are subject to an unsecured indebtedness in the outstanding amount of $6,000,000 to Greystone Mills Artiste, LLC (the “Subordinate Obligation Holder”), an affiliate of the borrowers, pursuant to a certain Development Services Agreement dated August 21, 2007, and other documents related thereto (collectively, the “Subordinate Documents”).  Pursuant to the Subordination and Standstill Agreement between the Subordinate Obligation Holder and the borrowers, the Subordinate Obligation Holder has fully subordinated the Subordinate Documents and the obligations thereunder to the Mortgage Loan.
   
(87) The Mortgaged Property has a master lease in effect pursuant to which one of the borrowers of the Mortgage Loan, Greystone Mills Proprietor, LLC, as the master landlord, leases the Mortgaged Property to an affiliate, Greystone Mills Master Tenant, LLC, the other borrower of the Mortgage Loan and the master tenant under the master lease. The borrowers entered into the master lease in connection with a prior financing that has been fully repaid.  Both the master landlord and master tenant are single purpose entities and have mortgaged their respective fee interest and interests in the master lease. Accordingly, the lender may completely terminate the master lease structure upon a foreclosure and take title to the fee interest.
   
(88) The Largest Tenant, Department of Probation, representing approximately 62.2% of net rentable area, has a one-time right to terminate its lease upon 180 days’ notice. The Third Largest Tenant, NY Therapeutic Communities Inc., representing approximately 9.8% of net rentable area can terminate its lease if (1) the Department of Probation terminates its lease, (2) the Department of Probation terminates its agreement with the tenant, or (3) New York State discontinues funding necessary for the tenant to continue to operate its facility or withdraws its certificate of approval for the tenant’s facility.
   
    

 

 

(89) The borrowers identified on this Annex A as Grace Dawson TN 1, LLC and Grace Dawson TN 2, LLC are tenants in common and the borrowers identified as Grace Dawson MN 1, LLC, Grace Dawson MN 2, LLC and Grace Dawson MN 3, LLC are tenants in common. The remaining borrowers are not tenants in common.
   
(90) Historical financials are not available as the Mortgaged Property was acquired at origination.
   
(91) Historical financials are not available as the Mortgaged Property was acquired at origination.
   
(92) Historical financials are not available as the Mortgaged Property was acquired at origination.
   
(93) The Third Largest Tenant at the property, ConEd Company of NY, Inc. has 23,370 square feet of net rentable area expiring on March 14, 2027 and 0 square feet of net rentable area related to two income producing spaces expiring October 31, 2026.
   
(94) The Largest Tenant at the property, ThyssenKrupp Supply Chain Services NA, Inc., has the one time right to terminate its lease no later than December 31, 2025. The Second Largest Tenant at the property, LG Deals LLC, has the one time right to terminate its lease effective three years after the rent commencement date.
   
(95) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to recent leasing and inclusion of two commercial tenants. Additionally, the property was delivered in 2020; prior to February 2021, the asset was in initial lease-up period.  
   
(96) The property contains a total of 41 units including studio, one-bedroom, and two-bedroom units. The property also comprises 15,955 square feet of retail space, that is anchored by the grocery tenant Erewhon Grocer.
   
(97) The Mortgaged Property currently has a second tenant, L.M. Kohn & Company, which occupies approximately 5.8% of the net rentable area and has a lease expiration date of May 31, 2023. If L.M. Kohn & Company does not renew its lease, the Largest Tenant, Belcan, LLC, is obligated to lease the premises currently occupied to L.M. Kohn & Company.
   
(98) The borrower is required to make monthly deposits of approximately $2,257 into the Monthly Replacement / FF&E Reserve ($) commencing on December 1, 2022.
   
(99) The borrower is required to make monthly deposits into the Monthly TI/LC Reserve ($) in an amount of (a) approximately $11,284 beginning on the first Payment Due Date following October 18, 2023 through and including the first Payment Due Date following October 18, 2026, then (b) $16,926.63 on each Payment Due Date thereafter.
   
    

 

 

(100) The Annual Ground Lease Payment ($) as of the Cut-off Date is $380,000 as of the cut-off date. The Annual Ground Lease Payment ($) as of the Cut-off Date is expected to be $418,000 from 2022 to 2026, $459,800 from 2027 to 2031.
   
(101) The Monthly Ongoing Other Reserve ($) for Ground Rent will only be deposited on the First Due Date.
   
(102) The Mortgaged Property consists of (i) 26,157 square feet of office space, (ii) 15,000 square feet of parking space and (iii) 12,457 of retail space.
   
(103) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the most recent rent steps and reimbursements from a new signed lease (Tractor Supply Company) alongside a timing mis-match on Kroger’s reimbursements in the trailing 12-month period.
   
(104) The Home Depot Nanuet Mortgage Loan is secured by the fee interest, but not the improvements (subject to the provisions of the related ground lease) in the Mortgaged Property. The Mortgaged Property is ground leased to Home Depot on a 20-year term with an expiration date of January 31, 2030. The current annual base rent is $1,118,000. The ground lease is structured with 10% rent escalations every five years, with the next escalation occurring in February 2026.  
   
(105) There is a master lease in place to accommodate a Shari’ah compliant structure. The master lessee is a newly formed single purpose Delaware limited partnership. The master lessee has the same Delaware limited liability company managing member as the borrower entity. The master lease is fully subordinated to the loan pursuant to its terms and an assignment and subordination agreement.
   
(106) The “Prospective Market Value Upon Stabilization” appraised value of $16.0 million as of April 15, 2022 assumes the stabilized operation of the property as of the stabilization date, including rents from two leases that commence in 2022. The appraisal concluded to an “as-is” appraised value of $15.6 million as of October 15, 2021. The “as-is” appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 67.3% and 53.1%, respectively.
   
(107) On each monthly payment date commencing with the monthly payment date occurring in January 2024, the borrower is required to deposit the sum of $4,900.73 into the TI/LC Reserve account.
   
(108) The Upfront Other Reserve($) of $65,507 consists of (i) $36,144 in connection with the anticipated rent commencement of the ATI Physical Therapy lease and (ii) $29,363 in connection with the anticipated rent commencement of the Nasha Indian Restaurant lease.
   
(109) Historical financial information is not available because the 8900 South Congress Avenue Property was recently constructed in 2020.
   
    

 

 

(110) The property was constructed in 2020 and triple-net leased to Fedex, therefore historical financial information is not available.
   
(111) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to new leasing activity such as Indianapolis Public Schools, JBB Enterprises LLC, Kristy's House of Care, LLC and Technology Install Partners d/b/a Alarm Link Life Safety Systems with additional renewals for ClosetPro, LLC d/b/a California Closets, Vanguard Wines, LLC and Lowe Logistics, LLC.
   
(112) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the most recent rent steps and reimbursements from two new signed leases (Kumon and Greenwich Pita & Grill).
   
(113) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to an increase in occupancy from 76% in the trailing 12-month period ending in June 2021 to 91.1% currently as of September 2021.
   
(114) On each payment date, if and to the extent the amount contained in the TI/LC reserve account is less than $400,000 (excluding lease termination payments), the borrowers are required to deposit into the TI/LC reserve account a Monthly TI/LC Reserve ($) amount equal to (a) beginning in January 2022 and continuing through and including December 2022, approximately $8,333, (b) beginning in January 2023 and continuing through and including December 2023, $6,250 and (c) for all payment dates thereafter, approximately $4,167.
   
(115) The related appraisal report for each individual Mortgaged Property indicates that the Mortgaged Property has undergone renovations over time since the Year Built.
   
(116) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to recent leasing and burn-off of concessions since leasing began in April 2020.
   
(117) Historical financials are not available as the Mortgaged Property was acquired at origination.