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in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.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.
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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. |