0001539497-19-002067.txt : 20191118 0001539497-19-002067.hdr.sgml : 20191118 20191118165447 ACCESSION NUMBER: 0001539497-19-002067 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191118 DATE AS OF CHANGE: 20191118 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANK 2019-BNK23 CENTRAL INDEX KEY: 0001792414 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-227446-08 FILM NUMBER: 191228127 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-761-4000 MAIL ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Morgan Stanley Capital I Inc. CENTRAL INDEX KEY: 0001547361 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133291626 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-761-4000 MAIL ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 FWP 1 n1887-x3_anxa1.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-227446-08
     

 

     
 

The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-227446) 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 Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-866-718-1649 or by email to prospectus@ms.com.

 

This material was prepared by sales, trading, banking or other non-research personnel of one of the following: Morgan Stanley & Co. LLC, Morgan Stanley & Co. International Limited, Morgan Stanley Japan Limited and/or Morgan Stanley Dean Witter Asia Limited (together with their affiliates, hereinafter “Morgan Stanley”), Wells Fargo Securities, LLC (together with its affiliates, “Wells Fargo”) , BofA Securities, Inc. (together with its affiliates, “BofA Securities”), Academy Securities, Inc. (together with its affiliates, “Academy”) and Drexel Hamilton, LLC (together with its affiliates, “Drexel” and collectively with Morgan Stanley, Wells Fargo, BofA Securities and Academy, the “Underwriters”). This material was not produced by an Underwriter’s research analyst, although it may refer to an Underwriter’s research analyst or research report. Unless otherwise indicated, these views (if any) are the author’s and may differ from those of the fixed income or equity research departments of the Underwriters or others in those firms.

 

This material may have been prepared by or in conjunction with the respective trading desks of the Underwriters that may deal as principal in or own or act as market maker or liquidity provider for the securities/instruments (or related derivatives) mentioned herein. The trading desk may have accumulated a position in the subject securities/instruments based on the information contained herein. Trading desk materials are not independent of the proprietary interests of the Underwriters, which may conflict with your interests. Each of the Underwriters may also perform or seek to perform investment banking services for the issuers of the securities and instruments mentioned herein.

 

This material has been prepared for information purposes to support the promotion or marketing of the transaction or matters addressed herein. This is not a research report and was not prepared by the research department of any Underwriter. It was prepared by sales, trading, banking or other non-research personnel of one or more of the Underwriters. This material is not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Each taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. Past performance is not necessarily a guide to future performance. Please see additional important information and qualifications at the end of this material.

 

The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuing entity nor any Underwriter will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery.

 

The information contained in this material is preliminary as of the date hereof. This material is subject to change, completion or amendment from time to time. The information contained herein supersedes information in any other communication relating to the securities referred to in this material; provided, that the information in this material will be superseded by similar information delivered to you as part of a preliminary prospectus.  This material is not a solicitation to participate in any trading strategy, and is not an offer to sell any security or instrument or a solicitation of an offer to buy or sell any security or instrument in any jurisdiction where an offer, solicitation or sale is not permitted.

 

The securities/instruments discussed in this material may not be suitable for all investors. This material has been prepared and issued by the Underwriters for intended distribution to market professionals and institutional investor clients. Other recipients should seek independent investment advice prior to making any investment decision based on this material. This material does not provide individually tailored investment advice or offer tax, regulatory, accounting or legal advice. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences, of the transaction. You should consider this material as only a single factor in making an investment decision.

 

The value of and income from investments may vary because of changes in interest rates, foreign exchange rates, default rates, prepayment rates, securities/instruments prices, market indexes, operational or financial conditions of companies or other factors. There may be time limitations on the exercise of options or other rights in securities/instruments transactions. Past performance is not necessarily a guide to future performance. Estimates of future performance are based on assumptions that may not be realized. Actual events may differ from those assumed and changes to any assumptions may have a material impact on any projections or estimates. Other events not taken into account may occur and may significantly affect the projections or estimates. Certain assumptions may have been made for modeling purposes only to simplify the presentation and/or calculation of any projections or estimates, and the Underwriters do not represent that any such assumptions will reflect actual future events. Accordingly, there can be no assurance that estimated returns or projections will be realized or that actual returns or performance results will not materially differ from those estimated herein. Some of the information contained in this document may be aggregated data of transactions in securities or other financial instruments executed by an Underwriter that has been compiled so as not to identify the underlying transactions of any particular customer.

 

Notwithstanding anything herein to the contrary, the Underwriters and each recipient hereof (and their employees, representatives, and other agents) may disclose to any and all persons, without limitation of any kind from the commencement of discussions, the U.S. federal and state income tax treatment and tax structure of the transaction and all materials of any kind (including opinions or other tax analyses) that are provided to it relating to the tax treatment and tax structure (as such terms are defined in Treasury Regulation 1.6011-4). For this purpose, “tax structure” is limited to facts relevant to the U.S. federal and state income tax treatment of the transaction and does not include information relating to the identity of the parties, their affiliates, agents or advisors. This authorization of tax disclosure is retroactively effective to the commencement of discussions with prospective investors regarding the transactions contemplated herein.

THE DISTRIBUTION OF THIS MATERIAL (A) IF MADE BY A PERSON WHO IS NOT AN AUTHORIZED PERSON UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000 (“FSMA”), IS BEING MADE ONLY TO, OR DIRECTED ONLY AT, PERSONS WHO (I) ARE OUTSIDE THE UNITED KINGDOM, (II) HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS AND QUALIFY AS INVESTMENT PROFESSIONALS IN ACCORDANCE WITH ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS AMENDED, THE “FINANCIAL PROMOTION ORDER”), OR (III) ARE PERSONS FALLING WITHIN ARTICLE 49(2)(A) THROUGH (D) (“HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC.”) OF THE FINANCIAL PROMOTION ORDER; AND (B) IF MADE BY A PERSON WHO IS AN AUTHORIZED PERSON UNDER THE FSMA, IS BEING MADE ONLY TO, OR DIRECTED ONLY AT, PERSONS WHO (I) ARE OUTSIDE THE UNITED KINGDOM, (II) HAVE PROFESSIONAL EXPERIENCE OF PARTICIPATING IN UNREGULATED SCHEMES (AS DEFINED FOR PURPOSES OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (PROMOTION OF COLLECTIVE INVESTMENT SCHEMES) (EXEMPTIONS) ORDER 2001 (AS AMENDED, THE “PROMOTION OF COLLECTIVE INVESTMENT SCHEMES EXEMPTIONS ORDER”)) AND QUALIFY AS INVESTMENT PROFESSIONALS IN ACCORDANCE WITH ARTICLE 14(5) OF THE PROMOTION OF COLLECTIVE INVESTMENT SCHEMES EXEMPTIONS ORDER, (III) ARE PERSONS FALLING WITHIN ARTICLE 22(2)(A) THROUGH (D) (“HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC.”) OF THE PROMOTION OF COLLECTIVE INVESTMENT SCHEMES EXEMPTIONS ORDER, OR (IV) ARE PERSONS TO WHOM THE ISSUING ENTITY MAY LAWFULLY BE PROMOTED IN ACCORDANCE WITH SECTION 4.12 OF THE UK FINANCIAL CONDUCT AUTHORITY’S CONDUCT OF BUSINESS SOURCEBOOK.

 

THE OFFERED CERTIFICATES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE FINANCIAL INSTRUMENTS AND EXCHANGE LAW OF JAPAN, AS AMENDED (THE “FIEL”), AND DISCLOSURE UNDER THE FIEL HAS NOT BEEN AND WILL NOT BE MADE WTH RESPECT TO THE OFFERED CERTIFICATES. ACCORDINGLY, EACH OF MORGAN STANLEY & CO. LLC, WELLS FARGO SECURITIES, LLC, BOFA SECURITIES, INC., ACADEMY SECURITIES, INC. AND DREXEL HAMILTON, LLC HAS REPRESENTED AND AGREED THAT IT HAS NOT, DIRECTLY OR INDIRECTLY, OFFERED OR SOLD AND WILL NOT, DIRECTLY OR INDIRECTLY, OFFER OR SELL ANY OFFERED CERTIFICATES IN JAPAN OR TO, OR FOR THE BENEFIT OF, ANY RESIDENT OF JAPAN (WHICH TERM AS USED IN THIS MATERIAL MEANS ANY PERSON RESIDENT IN JAPAN, INCLUDING ANY CORPORATION OR OTHER ENTITY ORGANIZED UNDER THE LAWS OF JAPAN) OR TO OTHERS FOR REOFFERING OR RE-SALE, DIRECTLY OR INDIRECTLY, IN JAPAN OR TO, OR FOR THE BENEFIT OF, ANY RESIDENT OF JAPAN EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF, AND OTHERWISE IN COMPLIANCE WITH, THE FIEL AND OTHER RELEVANT LAWS, REGULATIONS AND MINISTERIAL GUIDELINES OF JAPAN. AS PART OF THIS OFFERING OF THE OFFERED CERTIFICATES, THE UNDERWRITERS MAY OFFER THE OFFERED CERTIFICATES IN JAPAN TO UP TO 49 OFFEREES IN ACCORDANCE WITH THE ABOVE PROVISIONS.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS

 

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this material having been sent via Bloomberg or another email system.

 

 
     

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                         
                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Mortgage
Loan
Originator(1)
Mortgage
Loan Seller(1)
Original
Balance
Cut-off Date
Balance
Maturity/ARD
Balance
Cut-off Date
Balance per SF/
Units/Rooms/Pads
Loan Purpose Sponsor
Loan 5, 9 1 Century Plaza Towers 8.2% MSBNA/WFB MSMCH/WFB $105,000,000 $105,000,000 $105,000,000 $374.74 Refinance SPF JVP LLC; Luminance Acquisition Venture LLC
Loan 5, 7 2 Jackson Park 7.8% BANA/WFB BANA/WFB $100,000,000 $100,000,000 $100,000,000 $293,960.45 Refinance Tishman Speyer Crown Equities 2007, LLC
Loan 5, 12, 13 3 Park Tower at Transbay 7.8% BANA BANA $100,000,000 $100,000,000 $100,000,000 $719.27 Refinance MetLife, Inc.
Loan 5, 6, 7 4 ILPT Industrial Portfolio 5.8% MSBNA/BANA MSMCH/BANA $75,000,000 $75,000,000 $75,000,000 $26.12 Recapitalization Industrial Logistics Properties Trust
Property   4.01 1800 Union Airpark Boulevard 1.0% MSBNA/BANA   $12,957,038 $12,957,038 $12,957,038      
Property   4.02 4237-4255 Anson Boulevard 0.8% MSBNA/BANA   $10,009,141 $10,009,141 $10,009,141      
Property   4.03 5000 Commerce Way 0.7% MSBNA/BANA   $9,556,673 $9,556,673 $9,556,673      
Property   4.04 5142 & 5148 North Hanley Road 0.7% MSBNA/BANA   $8,459,781 $8,459,781 $8,459,781      
Property   4.05 945 Monument Drive 0.5% MSBNA/BANA   $7,020,110 $7,020,110 $7,020,110      
Property   4.06 2801 Airwest Boulevard 0.5% MSBNA/BANA   $5,895,795 $5,895,795 $5,895,795      
Property   4.07 20 Logistics Boulevard 0.4% MSBNA/BANA   $5,635,283 $5,635,283 $5,635,283      
Property   4.08 5500 Southeast Delaware Avenue 0.3% MSBNA/BANA   $4,456,124 $4,456,124 $4,456,124      
Property   4.09 2150 Stanley Road 0.3% MSBNA/BANA   $4,140,768 $4,140,768 $4,140,768      
Property   4.10 16101 Queens Court 0.3% MSBNA/BANA   $4,044,790 $4,044,790 $4,044,790      
Property   4.11 5 Logistics Drive 0.2% MSBNA/BANA   $2,824,497 $2,824,497 $2,824,497      
Loan 5, 7 5 360 North Crescent Drive 5.7% WFB WFB $73,600,000 $73,600,000 $73,600,000 $1,038.37 Refinance Tom Gores; The Gores Trust
Loan 8, 10 6 Norwalk Government Center 5.2% WFB WFB $66,300,000 $66,300,000 $66,300,000 $146.86 Recapitalization Robert Sonnenblick; Nelson Del Rio
Loan 6 7 ExchangeRight Net Leased Portfolio #30 4.8% BANA BANA $61,342,800 $61,342,800 $61,342,800 $163.34 Acquisition ExchangeRight Real Estate, LLC
Property   7.01 Giant Eagle - Homestead (Waterfront), PA 0.8% BANA   $10,106,000 $10,106,000 $10,106,000      
Property   7.02 Hobby Lobby - Pearland (Pearland), TX 0.5% BANA   $5,983,000 $5,983,000 $5,983,000      
Property   7.03 Walgreens - New Berlin (Moorland), WI 0.4% BANA   $5,245,200 $5,245,200 $5,245,200      
Property   7.04 Walgreens - Flourtown (Bethlehem), PA 0.4% BANA   $4,836,000 $4,836,000 $4,836,000      
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI 0.3% BANA   $3,992,800 $3,992,800 $3,992,800      
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA 0.3% BANA   $3,596,000 $3,596,000 $3,596,000      
Property   7.07 Tractor Supply - Canton (Cherokee), GA 0.3% BANA   $3,534,000 $3,534,000 $3,534,000      
Property   7.08 Walgreens - Sheboygan (14th), WI 0.3% BANA   $3,472,000 $3,472,000 $3,472,000      
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA 0.2% BANA   $3,131,000 $3,131,000 $3,131,000      
Property   7.10 Tractor Supply - Hammond (Highway 190), LA 0.2% BANA   $2,740,400 $2,740,400 $2,740,400      
Property   7.11 Tractor Supply - Canton (Michigan), MI 0.2% BANA   $2,656,700 $2,656,700 $2,656,700      
Property   7.12 Walgreens - Waukesha (Moreland), WI 0.2% BANA   $2,560,600 $2,560,600 $2,560,600      
Property   7.13 AutoZone - Chicago (Cicero), IL 0.1% BANA   $1,543,800 $1,543,800 $1,543,800      
Property   7.14 Dollar General - Mandeville (LA-59), LA 0.1% BANA   $1,277,200 $1,277,200 $1,277,200      
Property   7.15 Dollar General - Stockbrige (Fairview), GA 0.1% BANA   $1,085,000 $1,085,000 $1,085,000      
Property   7.16 Dollar General - Copperas Cove (1st Street), TX 0.1% BANA   $1,029,200 $1,029,200 $1,029,200      
Property   7.17 Dollar General - Lafayette (Ambassador), LA 0.1% BANA   $948,600 $948,600 $948,600      
Property   7.18 Dollar General - Baton Rouge (Florida), LA 0.1% BANA   $945,500 $945,500 $945,500      
Property   7.19 Dollar General - Altoona (Temple), PA 0.1% BANA   $939,300 $939,300 $939,300      
Property   7.20 Dollar General - San Angelo (South Bell), TX 0.1% BANA   $899,000 $899,000 $899,000      
Property   7.21 Dollar General - Baton Rouge (Harrells), LA 0.1% BANA   $821,500 $821,500 $821,500      
Loan   8 1000 South Broadway Apartments 4.2% WFB WFB $54,500,000 $54,500,000 $54,500,000 $209,615.38 Acquisition Brian J. Wirtz
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio 4.0% MSBNA MSMCH $51,715,000 $51,715,000 $47,170,796 $62,533.25 Acquisition Alon Yonatan
Property   9.01 Countryside Village Apartments 1.7% MSBNA   $21,240,000 $21,240,000 $19,373,638      
Property   9.02 93 Twenty Apartments 0.8% MSBNA   $10,830,000 $10,830,000 $9,878,367      
Property   9.03 Charleston Crossing Apartments 0.6% MSBNA   $7,490,000 $7,490,000 $6,831,853      
Property   9.04 Ridge Park Apartments 0.5% MSBNA   $6,480,000 $6,480,000 $5,910,602      
Property   9.05 Inverness Apartments 0.4% MSBNA   $5,675,000 $5,675,000 $5,176,337      
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio 3.9% MSBNA MSMCH $50,400,000 $50,400,000 $50,400,000 $141,971.83 Refinance Finkelstein Timberger East Real Estate
Property   10.01 1460 Macombs Road 1.1% MSBNA   $14,600,000 $14,600,000 $14,600,000      
Property   10.02 984 Sheridan Avenue 0.8% MSBNA   $10,500,000 $10,500,000 $10,500,000      
Property   10.03 901 Walton Avenue 0.7% MSBNA   $9,300,000 $9,300,000 $9,300,000      
Property   10.04 2 Minerva Place 0.6% MSBNA   $8,000,000 $8,000,000 $8,000,000      
Property   10.05 4040 Bronx Boulevard 0.6% MSBNA   $8,000,000 $8,000,000 $8,000,000      
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio 3.1% WFB WFB $39,650,000 $39,650,000 $39,650,000 $69.31 Refinance Matthew M. Nagel; K. Blair Nagel
Property   11.01 Stockbridge, GA 0.6% WFB   $7,800,000 $7,800,000 $7,800,000      
Property   11.02 Lithonia, GA 0.6% WFB   $7,500,000 $7,500,000 $7,500,000      
Property   11.03 Atlanta, GA 0.4% WFB   $5,000,000 $5,000,000 $5,000,000      
Property   11.04 Stone Mountain, GA 0.4% WFB   $4,700,000 $4,700,000 $4,700,000      
Property   11.05 Decatur, GA 0.3% WFB   $4,400,000 $4,400,000 $4,400,000      
Property   11.06 Lithia Springs, GA 0.3% WFB   $3,500,000 $3,500,000 $3,500,000      
Property   11.07 Roswell, GA 0.3% WFB   $3,500,000 $3,500,000 $3,500,000      
Property   11.08 Norcross, GA 0.3% WFB   $3,250,000 $3,250,000 $3,250,000      
Loan   12 Mosby Ingleside 2.8% MSBNA MSMCH $36,000,000 $36,000,000 $36,000,000 $115,384.62 Refinance Middleburg Real Estate Partners LLC
Loan 5, 6 13 Sacramento Office Portfolio 2.7% BANA BANA $35,000,000 $35,000,000 $35,000,000 $99.46 Refinance Omninet Capital, LLC
Property   13.01 Royal Oaks Campus 1.4% BANA   $17,545,183 $17,545,183 $17,545,183      
Property   13.02 Lennane Campus 0.9% BANA   $11,176,790 $11,176,790 $11,176,790      
Property   13.03 West Sacramento Campus 0.5% BANA   $6,278,027 $6,278,027 $6,278,027      
Loan   14 Plaza Pacoima 2.4% WFB WFB $31,200,000 $31,200,000 $31,200,000 $153.13 Acquisition Breit Operating Partnership L.P.
Loan 15 15 El Mercado Shopping Center 2.2% MSBNA MSMCH $28,000,000 $28,000,000 $25,380,949 $256.49 Refinance Albert J. Wang
Loan   16 Riverview Shopping Center 2.0% BANA BANA $25,250,000 $25,250,000 $25,250,000 $182.12 Refinance Richard P. Kelter
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio 1.9% MSBNA MSMCH $25,000,000 $25,000,000 $25,000,000 $90.50 Refinance Washington Prime Group, L.P.
Property   17.01 Lakeline Plaza 0.7% MSBNA   $9,602,564 $9,602,564 $9,602,564      
Property   17.02 Forest Plaza 0.5% MSBNA   $6,463,675 $6,463,675 $6,463,675      
Property   17.03 White Oaks Plaza 0.4% MSBNA   $5,660,256 $5,660,256 $5,660,256      
Property   17.04 Muncie Towne Plaza 0.2% MSBNA   $2,254,274 $2,254,274 $2,254,274      
Property   17.05 Lakeline Village 0.1% MSBNA   $1,019,231 $1,019,231 $1,019,231      
Loan   18 Woodland Falls 1.9% BANA BANA $24,750,000 $24,750,000 $21,164,749 $113.38 Acquisition Strategic Funding Alternatives
Loan   19 The Shops at Stony Creek 1.8% WFB WFB $23,250,000 $23,216,321 $18,497,034 $202.11 Refinance Michael A. Chirco
Loan 16 20 Embassy Suites Richmond 1.7% MSBNA MSMCH $22,000,000 $22,000,000 $22,000,000 $97,777.78 Refinance Shamin Hotels
Loan   21 Holiday Inn - Charlotte Airport 1.6% BANA BANA $21,000,000 $20,909,577 $16,665,089 $104,547.89 Refinance Neil Kapadia; L. Russell Ranson, III
Loan   22 Cypress Pointe 1.4% MSBNA MSMCH $17,525,000 $17,525,000 $15,914,723 $101.27 Acquisition Anthony Tarantino
Loan   23 American Airlines 1.2% WFB WFB $15,500,000 $15,470,113 $11,228,110 $152.33 Acquisition Ryan Tedder; Keith Kantrowitz
Loan 12 24 950 Iron Point Road 1.2% BANA BANA $15,200,000 $15,176,195 $11,898,044 $147.69 Acquisition Marcos Gomez
Loan   25 Cedar Village MHC 1.2% BANA BANA $15,125,000 $15,125,000 $15,125,000 $63,284.52 Refinance Kim Eggleston
Loan   26 Arabian Gardens MHC 1.2% BANA BANA $15,000,000 $15,000,000 $15,000,000 $60,483.87 Refinance Kim Eggleston
Loan 6 27 1 Plaza La Prensa & Sena Plaza 1.1% WFB WFB $13,956,250 $13,936,754 $11,183,617 $184.79 Refinance Gerald P. Peters III
Property   27.01 1 Plaza La Prensa 0.6% WFB   $8,095,250 $8,083,942 $6,486,999      
Property   27.02 Sena Plaza 0.5% WFB   $5,861,000 $5,852,813 $4,696,618      
Loan   28 Home2 Suites - Grovetown 1.0% BANA BANA $12,530,000 $12,512,049 $9,990,662 $106,034.32 Refinance The Plamondon Companies
Loan   29 2700 Patriot Boulevard 0.9% MSBNA MSMCH $11,830,000 $11,830,000 $10,689,274 $102.27 Acquisition Hamad Alhomaizi; Hiba Alhomaizi; Khalid Alhomaizi
Loan   30 82-17 153rd Avenue Retail 0.9% BANA BANA $11,350,000 $11,331,836 $8,842,910 $193.27 Refinance Cathy Napolitano; Anthony Gurino
Loan   31 Bloom 24 Apartments 0.9% BANA BANA $11,150,000 $11,150,000 $11,150,000 $97,807.02 Acquisition Daniel Feiner; Ari Steinberg; David Feiner; Ryan Morgan
Loan   32 The Quin 0.8% MSBNA MSMCH $10,400,000 $10,400,000 $9,486,151 $148,571.43 Refinance Scott W. Richardson; Andrew C. Ganahl; Jeffry D. McMahon
Loan   33 Save Mart Center 0.7% WFB WFB $9,594,186 $9,552,095 $7,586,087 $104.12 Acquisition Gurdeep Bains
Loan   34 Plaza de Cicero 0.7% WFB WFB $9,250,000 $9,250,000 $7,742,175 $197.53 Refinance Gerald L. Nudo; Laurence H. Weiner
Loan   35 Oxnard Port Place Shoppes 0.7% MSBNA MSMCH $9,000,000 $9,000,000 $9,000,000 $267.78 Recapitalization Michael H. Mugel; The Michael H. Mugel Trust U/D/T April 2, 2004, As Amended; Red Mountain Group
Loan   36 Meadow Ridge Apartments 0.6% WFB WFB $8,000,000 $8,000,000 $8,000,000 $90,909.09 Refinance Robert G. Felker
Loan   37 StoreRight Self Storage – Vero Beach 0.5% WFB WFB $6,575,000 $6,557,318 $5,267,273 $102.11 Refinance Thomas F. Anderson; Matthew R. Clark; Ronald L. Clark
Loan   38 1609 Alton Road 0.5% MSBNA MSMCH $6,250,000 $6,250,000 $6,250,000 $706.21 Refinance Sharon Sutton
Loan 12 39 Hampton Inn - Sanford 0.5% BANA BANA $6,000,000 $5,991,355 $4,778,566 $69,666.92 Refinance Meghna P. Patel; Pranay Patel
Loan   40 LA Fitness Cedar Park 0.4% MSBNA MSMCH $5,535,000 $5,535,000 $5,535,000 $162.79 Acquisition Eric Markel
Loan   41 Westport Bakersfield Self Storage 0.4% BANA BANA $5,400,000 $5,400,000 $5,400,000 $44.88 Acquisition Westport Properties, Inc.
Loan   42 50 Catoctin Circle 0.4% WFB WFB $5,115,000 $5,115,000 $5,115,000 $134.80 Acquisition 10th Street LLC
Loan 17 43 Brookfield Junction Apartments 0.4% WFB WFB $5,000,000 $5,000,000 $5,000,000 $98,039.22 Refinance Robert G. Felker
Loan   44 Super Storage 0.3% WFB WFB $3,531,000 $3,531,000 $3,531,000 $87.50 Acquisition William B. Kendall; Carlo Sarmiento; Kendall 2000 Family Trust
Loan   45 Walgreens West Valley UT 0.3% MSBNA MSMCH $3,350,000 $3,350,000 $3,350,000 $222.62 Acquisition Lane Star Properties
Loan 6, 7 46 City Storage 0.2% MSBNA MSMCH $3,200,000 $3,200,000 $2,922,151 $78.54 Refinance Erik Hemingway
Property   46.01 City Storage - North 0.1% MSBNA   $1,878,261 $1,878,261 $1,715,176      
Property   46.02 City Storage - South 0.1% MSBNA   $1,321,739 $1,321,739 $1,206,975      
Loan   47 Bank of America Jackson Heights 0.2% MSBNA MSMCH $3,000,000 $3,000,000 $3,000,000 $500.00 Refinance Adam Gerson; Daniel Gerson; Frederick Gerson; Andrea Lynn Gerson
                         

A-1-1

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                       
                       
Property
Flag
Footnotes Loan ID Property Name Non-Recourse Carveout Guarantor   No. of
Properties
General Property Type Detailed Property Type Title Type Ground Lease
Initial Lease
Expiration Date
Hotel Franchise Agreement Expiration Date
Loan 5, 9 1 Century Plaza Towers N/A   1 Office CBD Fee N/A N/A
Loan 5, 7 2 Jackson Park LIC Development Owner, L.P.   1 Multifamily High Rise Fee N/A N/A
Loan 5, 12, 13 3 Park Tower at Transbay Park Tower Owner LLC   1 Office CBD Fee N/A N/A
Loan 5, 6, 7 4 ILPT Industrial Portfolio Industrial Logistics Properties Trust   11          
Property   4.01 1800 Union Airpark Boulevard       Industrial Warehouse Distribution Fee N/A N/A
Property   4.02 4237-4255 Anson Boulevard       Industrial Warehouse Distribution Fee N/A N/A
Property   4.03 5000 Commerce Way       Industrial Warehouse Distribution Fee N/A N/A
Property   4.04 5142 & 5148 North Hanley Road       Industrial Warehouse Distribution Fee N/A N/A
Property   4.05 945 Monument Drive       Industrial Warehouse Distribution Fee N/A N/A
Property   4.06 2801 Airwest Boulevard       Industrial Warehouse Distribution Fee N/A N/A
Property   4.07 20 Logistics Boulevard       Industrial Warehouse Distribution Fee N/A N/A
Property   4.08 5500 Southeast Delaware Avenue       Industrial Warehouse Distribution Fee N/A N/A
Property   4.09 2150 Stanley Road       Industrial Warehouse Distribution Fee N/A N/A
Property   4.10 16101 Queens Court       Industrial Warehouse Distribution Fee N/A N/A
Property   4.11 5 Logistics Drive       Industrial Warehouse Distribution Fee N/A N/A
Loan 5, 7 5 360 North Crescent Drive Tom Gores; The Gores Trust   1 Office Suburban Fee N/A N/A
Loan 8, 10 6 Norwalk Government Center Robert Sonnenblick; Nelson Del Rio   1 Office Suburban Fee N/A N/A
Loan 6 7 ExchangeRight Net Leased Portfolio #30 David Fisher; Joshua Ungerecht; Warren Thomas   21          
Property   7.01 Giant Eagle - Homestead (Waterfront), PA       Retail Single tenant Fee N/A N/A
Property   7.02 Hobby Lobby - Pearland (Pearland), TX       Retail Single tenant Fee N/A N/A
Property   7.03 Walgreens - New Berlin (Moorland), WI       Retail Single tenant Fee N/A N/A
Property   7.04 Walgreens - Flourtown (Bethlehem), PA       Retail Single tenant Fee N/A N/A
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI       Retail Single tenant Fee N/A N/A
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA       Office Medical Fee N/A N/A
Property   7.07 Tractor Supply - Canton (Cherokee), GA       Retail Single tenant Fee N/A N/A
Property   7.08 Walgreens - Sheboygan (14th), WI       Retail Single tenant Fee N/A N/A
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA       Retail Single tenant Fee N/A N/A
Property   7.10 Tractor Supply - Hammond (Highway 190), LA       Retail Single tenant Fee N/A N/A
Property   7.11 Tractor Supply - Canton (Michigan), MI       Retail Single tenant Fee N/A N/A
Property   7.12 Walgreens - Waukesha (Moreland), WI       Retail Single tenant Fee N/A N/A
Property   7.13 AutoZone - Chicago (Cicero), IL       Retail Single tenant Fee N/A N/A
Property   7.14 Dollar General - Mandeville (LA-59), LA       Retail Single tenant Fee N/A N/A
Property   7.15 Dollar General - Stockbrige (Fairview), GA       Retail Single tenant Fee N/A N/A
Property   7.16 Dollar General - Copperas Cove (1st Street), TX       Retail Single tenant Fee N/A N/A
Property   7.17 Dollar General - Lafayette (Ambassador), LA       Retail Single tenant Fee N/A N/A
Property   7.18 Dollar General - Baton Rouge (Florida), LA       Retail Single tenant Fee N/A N/A
Property   7.19 Dollar General - Altoona (Temple), PA       Retail Single tenant Fee N/A N/A
Property   7.20 Dollar General - San Angelo (South Bell), TX       Retail Single tenant Fee N/A N/A
Property   7.21 Dollar General - Baton Rouge (Harrells), LA       Retail Single tenant Fee N/A N/A
Loan   8 1000 South Broadway Apartments Brian J. Wirtz   1 Multifamily Mid Rise Fee N/A N/A
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio Alon Yonatan   5          
Property   9.01 Countryside Village Apartments       Multifamily Garden Fee N/A N/A
Property   9.02 93 Twenty Apartments       Multifamily Garden Fee N/A N/A
Property   9.03 Charleston Crossing Apartments       Multifamily Garden Fee N/A N/A
Property   9.04 Ridge Park Apartments       Multifamily Garden Fee N/A N/A
Property   9.05 Inverness Apartments       Multifamily Garden Fee N/A N/A
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio Richard Timberger   5          
Property   10.01 1460 Macombs Road       Multifamily Mid Rise Fee N/A N/A
Property   10.02 984 Sheridan Avenue       Multifamily Mid Rise Fee N/A N/A
Property   10.03 901 Walton Avenue       Multifamily Mid Rise Fee N/A N/A
Property   10.04 2 Minerva Place       Multifamily Mid Rise Fee N/A N/A
Property   10.05 4040 Bronx Boulevard       Multifamily Mid Rise Fee N/A N/A
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio Matthew M. Nagel; K. Blair Nagel   8          
Property   11.01 Stockbridge, GA       Self Storage Self Storage Fee N/A N/A
Property   11.02 Lithonia, GA       Self Storage Self Storage Fee N/A N/A
Property   11.03 Atlanta, GA       Self Storage Self Storage Fee N/A N/A
Property   11.04 Stone Mountain, GA       Self Storage Self Storage Fee N/A N/A
Property   11.05 Decatur, GA       Self Storage Self Storage Fee N/A N/A
Property   11.06 Lithia Springs, GA       Self Storage Self Storage Fee N/A N/A
Property   11.07 Roswell, GA       Self Storage Self Storage Fee N/A N/A
Property   11.08 Norcross, GA       Self Storage Self Storage Fee N/A N/A
Loan   12 Mosby Ingleside Thistle Investments, LLC   1 Multifamily Garden Fee N/A N/A
Loan 5, 6 13 Sacramento Office Portfolio Neil Kadisha; Benjamin Nazarian   3          
Property   13.01 Royal Oaks Campus       Office Suburban Fee N/A N/A
Property   13.02 Lennane Campus       Office Suburban Fee N/A N/A
Property   13.03 West Sacramento Campus       Industrial Flex Fee N/A N/A
Loan   14 Plaza Pacoima Breit Operating Partnership L.P.   1 Retail Anchored Fee N/A N/A
Loan 15 15 El Mercado Shopping Center Albert J. Wang   1 Retail Anchored Fee N/A N/A
Loan   16 Riverview Shopping Center Richard P. Kelter   1 Retail Anchored Fee N/A N/A
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio Washington Prime Group, L.P.   5          
Property   17.01 Lakeline Plaza       Retail Anchored Fee N/A N/A
Property   17.02 Forest Plaza       Retail Anchored Fee N/A N/A
Property   17.03 White Oaks Plaza       Retail Anchored Fee N/A N/A
Property   17.04 Muncie Towne Plaza       Retail Anchored Fee N/A N/A
Property   17.05 Lakeline Village       Retail Anchored Fee N/A N/A
Loan   18 Woodland Falls Jeffery C. Schneider; Gary J. McCarthy; Perry Abbonizio   1 Office Suburban Fee N/A N/A
Loan   19 The Shops at Stony Creek Michael A. Chirco   1 Retail Anchored Fee N/A N/A
Loan 16 20 Embassy Suites Richmond Neil P. Amin   1 Hospitality Full Service Fee N/A 1/31/2030
Loan   21 Holiday Inn - Charlotte Airport L. Russell Ranson, III   1 Hospitality Full Service Fee N/A 6/29/2027
Loan   22 Cypress Pointe Anthony Tarantino   1 Retail Anchored Fee N/A N/A
Loan   23 American Airlines Ryan Tedder; Keith Kantrowitz   1 Office Suburban Fee N/A N/A
Loan 12 24 950 Iron Point Road Marcos Gomez   1 Office Suburban Fee N/A N/A
Loan   25 Cedar Village MHC Kim Eggleston   1 Manufactured Housing Manufactured Housing Fee N/A N/A
Loan   26 Arabian Gardens MHC Kim Eggleston   1 Manufactured Housing Manufactured Housing Fee N/A N/A
Loan 6 27 1 Plaza La Prensa & Sena Plaza Gerald P. Peters III; Gerald P. Peters III as Trustee of the Kathleen K. Peters and Gerald P. Peters III, Revocable Trust Agreement, Restated as of May 29, 2014   2          
Property   27.01 1 Plaza La Prensa       Office Suburban Fee N/A N/A
Property   27.02 Sena Plaza       Retail Unanchored Fee N/A N/A
Loan   28 Home2 Suites - Grovetown Peter H. Plamondon JR; James N. Plamondon   1 Hospitality Limited Service Fee N/A 8/31/2036
Loan   29 2700 Patriot Boulevard Hamad Alhomaizi   1 Office Suburban Fee N/A N/A
Loan   30 82-17 153rd Avenue Retail Cathy Napolitano; Anthony Gurino   1 Retail Anchored Fee N/A N/A
Loan   31 Bloom 24 Apartments Daniel Feiner; Ari Steinberg; David Feiner; Ryan Morgan   1 Multifamily Garden Fee N/A N/A
Loan   32 The Quin Scott W. Richardson; Andrew C. Ganahl; Jeffry D. McMahon   1 Multifamily Mid Rise Fee N/A N/A
Loan   33 Save Mart Center Gurdeep Bains   1 Retail Anchored Fee N/A N/A
Loan   34 Plaza de Cicero Gerald L. Nudo; Laurence H. Weiner   1 Retail Unanchored Fee N/A N/A
Loan   35 Oxnard Port Place Shoppes Michael H. Mugel; The Michael H. Mugel Trust U/D/T April 2, 2004, As Amended   1 Retail Anchored Fee N/A N/A
Loan   36 Meadow Ridge Apartments Robert G. Felker   1 Multifamily Garden Fee N/A N/A
Loan   37 StoreRight Self Storage – Vero Beach Thomas F. Anderson; Matthew R. Clark; Ronald L. Clark   1 Self Storage Self Storage Fee N/A N/A
Loan   38 1609 Alton Road Sharon Sutton   1 Mixed Use Retail/Office Fee N/A N/A
Loan 12 39 Hampton Inn - Sanford Meghna P. Patel; Pranay Patel   1 Hospitality Limited Service Fee N/A 5/31/2033
Loan   40 LA Fitness Cedar Park Eric Markel   1 Retail Free-Standing Fee N/A N/A
Loan   41 Westport Bakersfield Self Storage Westport/TR Storage Venture III LLC   1 Self Storage Self Storage Fee N/A N/A
Loan   42 50 Catoctin Circle 10th Street LLC   1 Office Suburban Fee N/A N/A
Loan 17 43 Brookfield Junction Apartments Robert G. Felker   1 Multifamily Garden Fee N/A N/A
Loan   44 Super Storage William B. Kendall; Kendall 2000 Family Trust; Carlo Sarmiento   1 Self Storage Self Storage Fee N/A N/A
Loan   45 Walgreens West Valley UT Brian Schwartz   1 Retail Single Tenant Fee N/A N/A
Loan 6, 7 46 City Storage Erik Hemingway   2          
Property   46.01 City Storage - North       Self Storage Self Storage Fee N/A N/A
Property   46.02 City Storage - South       Self Storage Self Storage Fee N/A N/A
Loan   47 Bank of America Jackson Heights Andrea Lynn Gerson; Frederick Wallace Gerson   1 Retail Single Tenant Fee N/A N/A
                       

A-1-2

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                           
                           
Property
Flag
Footnotes Loan ID Property Name Address City County State Zip Code Year Built Year Renovated Size Units of
Measure
Occupancy Rate(2)
Loan 5, 9 1 Century Plaza Towers 2029 & 2049 Century Park East Los Angeles Los Angeles CA 90067 1975 2015 2,401,641 SF 92.9%
Loan 5, 7 2 Jackson Park 28-10 Jackson Avenue, 28-40 Jackson Avenue, and 28-30 Jackson Avenue Long Island City Queens NY 11101 2018 N/A 1,871 Units 96.1%
Loan 5, 12, 13 3 Park Tower at Transbay 250 Howard Street San Francisco San Francisco CA 94105 2018-2019 N/A 764,659 SF 98.9%
Loan 5, 6, 7 4 ILPT Industrial Portfolio               8,209,036 SF 100.0%
Property   4.01 1800 Union Airpark Boulevard 1800 Union Airpark Boulevard Union Montgomery OH 45377 2014 N/A 1,791,246 SF 100.0%
Property   4.02 4237-4255 Anson Boulevard 4237-4255 Anson Boulevard Whitestown Boone IN 46075 2006 2011 1,036,573 SF 100.0%
Property   4.03 5000 Commerce Way 5000 Commerce Way Petersburg Dinwiddie VA 23803 2012 N/A 1,016,065 SF 100.0%
Property   4.04 5142 & 5148 North Hanley Road 5142 & 5148 North Hanley Road St. Louis St. Louis MO 63134 2016 N/A 430,986 SF 100.0%
Property   4.05 945 Monument Drive 945 Monument Drive Lebanon Boone IN 46052 2014 2015 962,500 SF 100.0%
Property   4.06 2801 Airwest Boulevard 2801 Airwest Boulevard Plainfield Hendricks IN 46168 2001 2006 804,586 SF 100.0%
Property   4.07 20 Logistics Boulevard 20 Logistics Boulevard Walton Boone KY 41094 2006 N/A 603,586 SF 100.0%
Property   4.08 5500 Southeast Delaware Avenue 5500 Southeast Delaware Avenue Ankeny Polk IA 50021 2012 2019 644,104 SF 100.0%
Property   4.09 2150 Stanley Road 2150 Stanley Road Plainfield Hendricks IN 46168 2007 N/A 493,500 SF 100.0%
Property   4.10 16101 Queens Court 16101 Queens Court Upper Marlboro Prince George’s MD 20774 2016 N/A 220,800 SF 100.0%
Property   4.11 5 Logistics Drive 5 Logistics Drive Carlisle Cumberland PA 17013 2016 N/A 205,090 SF 100.0%
Loan 5, 7 5 360 North Crescent Drive 360 North Crescent Drive, 9370 Santa Monica Boulevard and 375 North Crescent Drive Beverly Hills Los Angeles CA 90210 1938 2003 123,848 SF 100.0%
Loan 8, 10 6 Norwalk Government Center 12440 Imperial Highway Norwalk Los Angeles CA 90650 1982 2005 451,455 SF 82.7%
Loan 6 7 ExchangeRight Net Leased Portfolio #30               375,560 SF  
Property   7.01 Giant Eagle - Homestead (Waterfront), PA 420 East Waterfront Drive Homestead Allegheny PA 15120 1999 N/A 82,639 SF 100.0%
Property   7.02 Hobby Lobby - Pearland (Pearland), TX 2450 Pearland Parkway Pearland Brazoria TX 77581 2019 N/A 55,000 SF 100.0%
Property   7.03 Walgreens - New Berlin (Moorland), WI 3855 South Moorland Road New Berlin Waukesha WI 53151 2002 N/A 14,490 SF 100.0%
Property   7.04 Walgreens - Flourtown (Bethlehem), PA 1456 Bethlehem Pike Flourtown Montgomery PA 19031 2004 N/A 14,820 SF 100.0%
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI 2170 Washtenaw Road Ypsilanti Washtenaw MI 48197 1999 N/A 15,120 SF 100.0%
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA 5301 Westbank Expressway Marrero Jefferson LA 70072 2016 N/A 8,497 SF 100.0%
Property   7.07 Tractor Supply - Canton (Cherokee), GA 2860 East Cherokee Drive Canton Cherokee GA 30115 2006 N/A 23,627 SF 100.0%
Property   7.08 Walgreens - Sheboygan (14th), WI 1029 North 14th Street Sheboygan Sheboygan WI 53081 2001 N/A 15,120 SF 100.0%
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA 5940 New Jesup Highway Brunswick Glynn GA 31525 2008 N/A 19,097 SF 100.0%
Property   7.10 Tractor Supply - Hammond (Highway 190), LA 12512 US Highway 190 West Hammond Tangipahoa LA 70401 2009 N/A 19,097 SF 100.0%
Property   7.11 Tractor Supply - Canton (Michigan), MI 44005 Michigan Avenue Canton Wayne MI 48188 1967 2018 15,000 SF 100.0%
Property   7.12 Walgreens - Waukesha (Moreland), WI 21325 East Moreland Boulevard Waukesha Waukesha WI 53186 1996 N/A 13,905 SF 100.0%
Property   7.13 AutoZone - Chicago (Cicero), IL 4536 South Cicero Avenue Chicago Cook IL 60638 2008 N/A 6,786 SF 100.0%
Property   7.14 Dollar General - Mandeville (LA-59), LA 1216 LA Highway 59 Mandeville St. Tammany LA 70448 2016 N/A 10,566 SF 100.0%
Property   7.15 Dollar General - Stockbrige (Fairview), GA 5400 East Fairview Road Southwest Stockbridge Rockdale GA 30281 2019 N/A 9,100 SF 100.0%
Property   7.16 Dollar General - Copperas Cove (1st Street), TX 814 North 1st Street Copperas Cove Coryell TX 76522 2015 N/A 10,566 SF 100.0%
Property   7.17 Dollar General - Lafayette (Ambassador), LA 1820 Ambassador Caffery Parkway Lafayette Lafayette LA 70506 2016 N/A 9,026 SF 100.0%
Property   7.18 Dollar General - Baton Rouge (Florida), LA 4917 Florida Boulevard Baton Rouge East Baton Rouge LA 70806 2017 N/A 7,489 SF 100.0%
Property   7.19 Dollar General - Altoona (Temple), PA 606 South Temple Lane Altoona Blair PA 16602 2017 N/A 9,100 SF 100.0%
Property   7.20 Dollar General - San Angelo (South Bell), TX 1500 South Bell Street San Angelo Tom Green TX 76905 2015 N/A 9,026 SF 100.0%
Property   7.21 Dollar General - Baton Rouge (Harrells), LA 16375 South Harrells Ferry Road Baton Rouge East Baton Rouge LA 70816 2016 N/A 7,489 SF 100.0%
Loan   8 1000 South Broadway Apartments 1000 South Broadway Denver Denver CO 80209 2014 N/A 260 Units 93.1%
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio               827 Units 94.1%
Property   9.01 Countryside Village Apartments 9516 South Shields Bouldevard Moore Cleveland OK 73160 1985 N/A 360 Units 93.3%
Property   9.02 93 Twenty Apartments 9320 South College Avenue Tulsa Tulsa OK 74137 1985 N/A 152 Units 97.4%
Property   9.03 Charleston Crossing Apartments 4548 South Elm Place Broken Arrow Tulsa OK 74011 1984 N/A 124 Units 92.7%
Property   9.04 Ridge Park Apartments 7601 South Yale Place Tulsa Tulsa OK 74136 1982 N/A 100 Units 93.0%
Property   9.05 Inverness Apartments 5150 South Elm Place Broken Arrow Tulsa OK 74011 1987 N/A 91 Units 94.5%
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio               355 Units 99.2%
Property   10.01 1460 Macombs Road 1460 Macombs Road Bronx Bronx NY 10452 1930 N/A 109 Units 100.0%
Property   10.02 984 Sheridan Avenue 984 Sheridan Avenue Bronx Bronx NY 10456 1928 N/A 78 Units 100.0%
Property   10.03 901 Walton Avenue 901 Walton Avenue Bronx Bronx NY 10452 1927 N/A 63 Units 96.8%
Property   10.04 2 Minerva Place 2 Minerva Place Bronx Bronx NY 10468 1938 N/A 48 Units 98.0%
Property   10.05 4040 Bronx Boulevard 4040 Bronx Boulevard Bronx Bronx NY 10466 1929 N/A 57 Units 100.0%
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio               572,065 SF 91.2%
Property   11.01 Stockbridge, GA 5334 North Henry Boulevard Stockbridge Henry GA 30281 1998 N/A 105,290 SF 89.2%
Property   11.02 Lithonia, GA 6231 Hillandale Drive Lithonia DeKalb GA 30058 2001 N/A 87,725 SF 92.6%
Property   11.03 Atlanta, GA 8711 Dunwoody Place Atlanta Fulton GA 30350 1998 N/A 59,810 SF 89.9%
Property   11.04 Stone Mountain, GA 1491 North Hairston Road Stone Mountain DeKalb GA 30083 2001 2003 75,780 SF 96.0%
Property   11.05 Decatur, GA 5951 Covington Highway Decatur DeKalb GA 30035 1960 2002 71,105 SF 86.4%
Property   11.06 Lithia Springs, GA 3129 Bankhead Highway (aka 10240 Veterans Memorial Highway) Lithia Springs Douglas GA 30122 1997 2002 60,575 SF 93.6%
Property   11.07 Roswell, GA 105 Mansell Place Roswell Fulton GA 30083 1998 N/A 62,265 SF 90.4%
Property   11.08 Norcross, GA 5094 Singleton Road Northwest Norcross Gwinnett GA 30093 1994 1995 49,515 SF 92.2%
Loan   12 Mosby Ingleside 3730 Ingleside Boulevard North Charleston Charleston SC 29456 2018 N/A 312 Units 94.9%
Loan 5, 6 13 Sacramento Office Portfolio               496,693 SF 88.3%
Property   13.01 Royal Oaks Campus 2000 & 2005 Evergreen Street Sacramento Sacramento CA 95815 1980 1998 257,812 SF 77.5%
Property   13.02 Lennane Campus 3701 North Freeway Boulevard, 3901 and 3927 Lennane Drive Sacramento Sacramento CA 95834 1989 2008 160,200 SF 99.9%
Property   13.03 West Sacramento Campus 3500 Industrial Boulevard Sacramento Yolo CA 95691 2007 N/A 78,681 SF 100.0%
Loan   14 Plaza Pacoima 13510, 13520, 13530, and 13550 Paxton Street Pacoima Los Angeles CA 91331 2010 N/A 203,743 SF 100.0%
Loan 15 15 El Mercado Shopping Center 34300-34396 Alvarado-Niles Road and 1601-1801 Decoto Road Union City Alameda CA 94587 1981 N/A 109,168 SF 100.0%
Loan   16 Riverview Shopping Center 3700-3770 West McFadden Avenue Santa Ana Orange CA 92704 1998; 2006 N/A 138,642 SF 100.0%
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio               1,292,762 SF 93.6%
Property   17.01 Lakeline Plaza 11066 Pecan Park Boulevard Cedar Park Williamson TX 78613 1998 2003 313,580 SF 96.2%
Property   17.02 Forest Plaza 6055-6455 East State Street Rockford Winnebago IL 61108 1985 N/A 433,816 SF 93.4%
Property   17.03 White Oaks Plaza 2725-2959 South Veterans Parkway, 2901 South Veterans Parkway, 2801 South Veterans Parkway, 2701 South Veterans Parkway, 2951 West Iles Avenue, Iles at Veterans Parkway, 2691 South Veterans Parkway, 2991 South Veterans Parkway Springfield Sangamon IL 62704 1986 N/A 331,533 SF 94.2%
Property   17.04 Muncie Towne Plaza 1190 East Princeton Avenue Muncie Delaware IN 47303 1998 N/A 171,621 SF 86.3%
Property   17.05 Lakeline Village 12617 Ridgeline Boulevard Cedar Park Williamson TX 78613 1998 2003 42,212 SF 100.0%
Loan   18 Woodland Falls 200, 210, and 220 Lake Drive East Cherry Hill Camden NJ 08002 1986-1989 2017-2018 218,283 SF 96.7%
Loan   19 The Shops at Stony Creek 56579-56619 Van Dyke Avenue and 7568-7764 26 Mile Road Shelby Township Macomb MI 48316 2016 N/A 114,871 SF 92.2%
Loan 16 20 Embassy Suites Richmond 2925 Emerywood Parkway Richmond Henrico VA 23294 1986 2018 225 Rooms 68.9%
Loan   21 Holiday Inn - Charlotte Airport 2707 Little Rock Road Charlotte Mecklenburg NC 28214 1970 2015 200 Rooms 79.6%
Loan   22 Cypress Pointe 302, 344, 360 & 376 F.M. 1960 West Houston Harris TX 77090 1993 N/A 173,044 SF 99.1%
Loan   23 American Airlines 799 Hanes Mall Boulevard Winston-Salem Forsyth NC 27103 1987 2009 101,555 SF 100.0%
Loan 12 24 950 Iron Point Road 950 Iron Point Road Folsom Sacramento CA 95630 1999 N/A 102,759 SF 100.0%
Loan   25 Cedar Village MHC 10701 Cedar Avenue Bloomington San Bernardino CA 92316 1971 N/A 239 Pads 100.0%
Loan   26 Arabian Gardens MHC 81600 Fred Waring Drive Indio Riverside CA 92201 1963; 1980 N/A 248 Pads 100.0%
Loan 6 27 1 Plaza La Prensa & Sena Plaza               75,420 SF 92.6%
Property   27.01 1 Plaza La Prensa 1 Plaza La Prensa Santa Fe Santa Fe NM 87507 2006 2019 52,253 SF 89.9%
Property   27.02 Sena Plaza 125 E Palace Ave Santa Fe Santa Fe NM 87501 1831 1981 23,167 SF 98.7%
Loan   28 Home2 Suites - Grovetown 903 Husk Box Way Grovetown Columbia GA 30813 2016 N/A 118 Rooms 73.2%
Loan   29 2700 Patriot Boulevard 2700 Patriot Boulevard Glenview Cook IL 60026 2001 N/A 115,676 SF 96.0%
Loan   30 82-17 153rd Avenue Retail 82-17 153rd Avenue Howard Beach Queens NY 11414 1961 1996 58,631 SF 99.2%
Loan   31 Bloom 24 Apartments 2323 East Flower Street Phoenix Maricopa AZ 85016 1972 2015 114 Units 98.2%
Loan   32 The Quin 324 South 2nd Street Milwaukee Milwaukee WI 53204 2018 N/A 70 Units 100.0%
Loan   33 Save Mart Center 1400 South Mercey Springs Road Los Banos Merced CA 93635 1990 2017 91,739 SF 100.0%
Loan   34 Plaza de Cicero 3030 South Cicero Avenue Cicero Cook IL 60804 2008 N/A 46,828 SF 89.3%
Loan   35 Oxnard Port Place Shoppes 1301, 1311, 1319, 1321, 1325, 1351, 1353, 1355, 1357, 1371 & 1381 West Channel Islands Boulevard Oxnard Ventura CA 93033 1970 2018 33,610 SF 100.0%
Loan   36 Meadow Ridge Apartments N34W23704 - N34W23716 Five Fields Road Pewaukee Waukesha WI 53072 1993-1995 N/A 88 Units 100.0%
Loan   37 StoreRight Self Storage – Vero Beach 1755 Oslo Road (9th Street Southwest) Vero Beach Indian River FL 32962 2001-2017 N/A 64,221 SF 90.5%
Loan   38 1609 Alton Road 1609 Alton Road Miami Beach Miami-Dade FL 33139 1947 1985 8,850 SF 100.0%
Loan 12 39 Hampton Inn - Sanford 1904 South Horner Boulevard Sanford Lee NC 27330 1993 2010 86 Rooms 52.2%
Loan   40 LA Fitness Cedar Park 825 West Whitestone Boulevard Cedar Park Williamson TX 78613 2019 N/A 34,000 SF 100.0%
Loan   41 Westport Bakersfield Self Storage 3813 Mesa Grande Street Bakersfield Kern CA 93304 1998 N/A 120,315 SF 89.0%
Loan   42 50 Catoctin Circle 50 Catoctin Circle Northeast Leesburg Loudoun VA 20176 2002 2018 37,946 SF 95.4%
Loan 17 43 Brookfield Junction Apartments 2848 North Brookfield Road Brookfield Waukesha WI 53045 2006 2016 51 Units 96.5%
Loan   44 Super Storage 2600 Santa Maria Way Santa Maria Santa Barbara CA 93455 2000 N/A 40,355 SF 91.7%
Loan   45 Walgreens West Valley UT 5630 West 4100 South West Valley City Salt Lake UT 84128 2000 N/A 15,048 SF 100.0%
Loan 6, 7 46 City Storage               40,742 SF 89.0%
Property   46.01 City Storage - North 420 North 4th Street Wilmington New Hanover NC 28401 1963 2016 22,932 SF 84.1%
Property   46.02 City Storage - South 1525 South Front Street Wilmington New Hanover NC 28401 1967 2007 17,810 SF 95.4%
Loan   47 Bank of America Jackson Heights 37-41 82nd Street Jackson Heights Queens NY 11372 1924 N/A 6,000 SF 100.0%
                           

A-1-3

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                                 
                                                 
Property
Flag
Footnotes Loan ID Property Name Occupancy Rate
As-of Date
Appraised
Value
Appraised Value
As-of Date
  Mortgage
Rate
Administrative
Fee Rate(3)
Master Servicing
Fee Rate
Primary Servicing
Fee Rate
Pari Passu
Loan Primary Servicing
Fee Rate
Trustee
Fee Rate
Trust Advisor
Fee Rate
Asset Representations Reviewer Fee Rate CREFC
Fee Rate
Interest
Accrual  
Basis
Seasoning
(mos.)
ARD
(Yes/No)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
Original
Interest-Only
Period (mos.)
Remaining
Interest-Only
Period (mos.)
Original
Amortization
Term (mos.)
Loan 5, 9 1 Century Plaza Towers 10/1/2019 $2,302,000,000 9/24/2019   3.0045% 0.01101% 0.00250% 0.00000% 0.00125% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 5, 7 2 Jackson Park 8/31/2019 $1,600,000,000 9/4/2019   3.2500% 0.01101% 0.00250% 0.00000% 0.00125% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 2 No 120 118 120 118 0
Loan 5, 12, 13 3 Park Tower at Transbay 10/1/2019 $1,120,000,000 10/1/2019   3.4500% 0.01226% 0.00250% 0.00000% 0.00250% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 4 Yes 120 116 120 116 0
Loan 5, 6, 7 4 ILPT Industrial Portfolio   $547,000,000     2.6533% 0.01226% 0.00250% 0.00000% 0.00250% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Property   4.01 1800 Union Airpark Boulevard 12/1/2019 $94,500,000 7/15/2019                                    
Property   4.02 4237-4255 Anson Boulevard 12/1/2019 $73,000,000 7/16/2019                                    
Property   4.03 5000 Commerce Way 12/1/2019 $69,700,000 7/18/2019                                    
Property   4.04 5142 & 5148 North Hanley Road 12/1/2019 $61,700,000 7/15/2019                                    
Property   4.05 945 Monument Drive 12/1/2019 $51,200,000 7/16/2019                                    
Property   4.06 2801 Airwest Boulevard 12/1/2019 $43,000,000 7/16/2019                                    
Property   4.07 20 Logistics Boulevard 12/1/2019 $41,100,000 7/15/2019                                    
Property   4.08 5500 Southeast Delaware Avenue 12/1/2019 $32,500,000 7/23/2019                                    
Property   4.09 2150 Stanley Road 9/1/2019 $30,200,000 7/16/2019                                    
Property   4.10 16101 Queens Court 12/1/2019 $29,500,000 7/16/2019                                    
Property   4.11 5 Logistics Drive 12/1/2019 $20,600,000 7/16/2019                                    
Loan 5, 7 5 360 North Crescent Drive 12/1/2019 $246,500,000 8/29/2019   3.4500% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 2 No 120 118 120 118 0
Loan 8, 10 6 Norwalk Government Center 11/1/2019 $104,400,000 8/12/2019   3.8450% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 6 7 ExchangeRight Net Leased Portfolio #30   $99,640,000     3.6580% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Property   7.01 Giant Eagle - Homestead (Waterfront), PA 12/1/2019 $17,000,000 10/1/2019                                    
Property   7.02 Hobby Lobby - Pearland (Pearland), TX 12/1/2019 $9,650,000 9/27/2019                                    
Property   7.03 Walgreens - New Berlin (Moorland), WI 12/1/2019 $8,460,000 9/29/2019                                    
Property   7.04 Walgreens - Flourtown (Bethlehem), PA 12/1/2019 $7,800,000 10/2/2019                                    
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI 12/1/2019 $6,440,000 10/1/2019                                    
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA 12/1/2019 $5,800,000 10/1/2019                                    
Property   7.07 Tractor Supply - Canton (Cherokee), GA 12/1/2019 $5,700,000 10/1/2019                                    
Property   7.08 Walgreens - Sheboygan (14th), WI 12/1/2019 $5,600,000 9/29/2019                                    
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA 12/1/2019 $5,050,000 9/30/2019                                    
Property   7.10 Tractor Supply - Hammond (Highway 190), LA 12/1/2019 $4,420,000 9/30/2019                                    
Property   7.11 Tractor Supply - Canton (Michigan), MI 12/1/2019 $4,285,000 9/24/2019                                    
Property   7.12 Walgreens - Waukesha (Moreland), WI 12/1/2019 $4,130,000 9/29/2019                                    
Property   7.13 AutoZone - Chicago (Cicero), IL 12/1/2019 $2,490,000 9/25/2019                                    
Property   7.14 Dollar General - Mandeville (LA-59), LA 12/1/2019 $2,060,000 9/30/2019                                    
Property   7.15 Dollar General - Stockbrige (Fairview), GA 12/1/2019 $1,750,000 9/30/2019                                    
Property   7.16 Dollar General - Copperas Cove (1st Street), TX 12/1/2019 $1,660,000 9/27/2019                                    
Property   7.17 Dollar General - Lafayette (Ambassador), LA 12/1/2019 $1,530,000 9/23/2019                                    
Property   7.18 Dollar General - Baton Rouge (Florida), LA 12/1/2019 $1,525,000 9/23/2019                                    
Property   7.19 Dollar General - Altoona (Temple), PA 12/1/2019 $1,515,000 10/1/2019                                    
Property   7.20 Dollar General - San Angelo (South Bell), TX 12/1/2019 $1,450,000 9/27/2019                                    
Property   7.21 Dollar General - Baton Rouge (Harrells), LA 12/1/2019 $1,325,000 9/23/2019                                    
Loan   8 1000 South Broadway Apartments 10/15/2019 $90,500,000 10/2/2019   3.5980% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio   $71,090,000     4.1900% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 60 60 360
Property   9.01 Countryside Village Apartments 10/4/2019 $29,200,000 9/10/2019                                    
Property   9.02 93 Twenty Apartments 10/4/2019 $14,890,000 9/10/2019                                    
Property   9.03 Charleston Crossing Apartments 10/4/2019 $10,290,000 9/10/2019                                    
Property   9.04 Ridge Park Apartments 10/4/2019 $8,910,000 9/10/2019                                    
Property   9.05 Inverness Apartments 10/4/2019 $7,800,000 9/10/2019                                    
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio   $74,600,000     3.7800% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 120 120 0
Property   10.01 1460 Macombs Road 10/1/2019 $21,600,000 8/16/2019                                    
Property   10.02 984 Sheridan Avenue 10/1/2019 $15,600,000 8/16/2019                                    
Property   10.03 901 Walton Avenue 10/1/2019 $13,800,000 8/16/2019                                    
Property   10.04 2 Minerva Place 10/1/2019 $11,800,000 8/16/2019                                    
Property   10.05 4040 Bronx Boulevard 10/1/2019 $11,800,000 9/12/2019                                    
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio   $77,000,000     3.1900% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 3 No 120 117 120 117 0
Property   11.01 Stockbridge, GA 9/30/2019 $13,150,000 7/30/2019                                    
Property   11.02 Lithonia, GA 9/30/2019 $13,200,000 7/30/2019                                    
Property   11.03 Atlanta, GA 9/30/2019 $8,150,000 7/30/2019                                    
Property   11.04 Stone Mountain, GA 9/30/2019 $7,550,000 7/30/2019                                    
Property   11.05 Decatur, GA 9/30/2019 $8,100,000 7/30/2019                                    
Property   11.06 Lithia Springs, GA 9/30/2019 $6,300,000 7/30/2019                                    
Property   11.07 Roswell, GA 9/30/2019 $5,700,000 7/30/2019                                    
Property   11.08 Norcross, GA 9/30/2019 $5,850,000 7/30/2019                                    
Loan   12 Mosby Ingleside 10/22/2019 $53,500,000 8/29/2019   3.8250% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 2 No 120 118 120 118 0
Loan 5, 6 13 Sacramento Office Portfolio   $73,600,000     3.3630% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Property   13.01 Royal Oaks Campus 9/30/2019 $36,890,000 7/31/2019                                    
Property   13.02 Lennane Campus 9/30/2019 $23,500,000 8/1/2019                                    
Property   13.03 West Sacramento Campus 12/1/2019 $13,200,000 7/30/2019                                    
Loan   14 Plaza Pacoima 10/11/2019 $51,300,000 7/6/2019   3.5020% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 15 15 El Mercado Shopping Center 10/1/2019 $43,800,000 9/6/2019   3.8250% 0.03976% 0.00250% 0.03000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 60 59 360
Loan   16 Riverview Shopping Center 8/1/2019 $57,600,000 9/18/2019   3.3000% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio   $186,400,000     3.6700% 0.01226% 0.00250% 0.00000% 0.00250% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 2 No 120 118 120 118 0
Property   17.01 Lakeline Plaza 7/12/2019 $71,600,000 7/23/2019                                    
Property   17.02 Forest Plaza 7/12/2019 $48,200,000 7/23/2019                                    
Property   17.03 White Oaks Plaza 7/12/2019 $42,200,000 7/23/2019                                    
Property   17.04 Muncie Towne Plaza 7/12/2019 $16,800,000 7/17/2019                                    
Property   17.05 Lakeline Village 7/12/2019 $7,600,000 7/23/2019                                    
Loan   18 Woodland Falls 10/2/2019 $33,700,000 8/16/2019   3.4500% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 36 36 360
Loan   19 The Shops at Stony Creek 10/30/2019 $31,450,000 6/4/2019   3.9700% 0.03976% 0.00250% 0.03000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan 16 20 Embassy Suites Richmond 9/30/2019 $44,500,000 5/1/2019   3.7050% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan   21 Holiday Inn - Charlotte Airport 6/30/2019 $31,500,000 8/1/2019   3.9000% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 3 No 120 117 0 0 360
Loan   22 Cypress Pointe 10/24/2019 $25,140,000 9/12/2019   3.9250% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 60 60 360
Loan   23 American Airlines 12/1/2019 $22,600,000 9/3/2019   4.0600% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 300
Loan 12 24 950 Iron Point Road 9/30/2019 $25,300,000 3/1/2020   3.5280% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   25 Cedar Village MHC 9/30/2019 $22,920,000 9/6/2019   3.4090% 0.05976% 0.00250% 0.05000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   26 Arabian Gardens MHC 9/30/2019 $23,410,000 9/6/2019   3.4090% 0.06976% 0.00250% 0.06000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 6 27 1 Plaza La Prensa & Sena Plaza   $20,700,000     4.1730% 0.04226% 0.00250% 0.03250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 360
Property   27.01 1 Plaza La Prensa 12/1/2019 $10,900,000 8/8/2019                                    
Property   27.02 Sena Plaza 10/17/2019 $9,800,000 10/8/2019                                    
Loan   28 Home2 Suites - Grovetown 8/31/2019 $17,900,000 10/1/2019   4.0320% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   29 2700 Patriot Boulevard 9/1/2019 $16,900,000 8/22/2019   3.6400% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 60 59 360
Loan   30 82-17 153rd Avenue Retail 9/19/2019 $25,400,000 8/29/2019   3.4040% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   31 Bloom 24 Apartments 9/13/2019 $17,500,000 9/16/2019   3.3610% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   32 The Quin 9/12/2019 $15,050,000 9/26/2019   4.1900% 0.00976% 0.00250% 0.00000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 60 60 360
Loan   33 Save Mart Center 8/9/2019 $12,925,000 7/19/2019   3.8000% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 3 No 120 117 0 0 360
Loan   34 Plaza de Cicero 10/1/2019 $13,300,000 9/1/2019   3.6960% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 24 23 360
Loan   35 Oxnard Port Place Shoppes 10/31/2019 $13,700,000 9/1/2019   3.8300% 0.05226% 0.00250% 0.04250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan   36 Meadow Ridge Apartments 9/23/2019 $12,800,000 9/13/2019   3.8320% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   37 StoreRight Self Storage – Vero Beach 8/31/2019 $9,590,000 8/28/2019   4.1600% 0.06976% 0.00250% 0.06000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 2 No 120 118 0 0 360
Loan   38 1609 Alton Road 10/1/2019 $9,600,000 9/27/2019   4.0900% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan 12 39 Hampton Inn - Sanford 8/31/2019 $9,800,000 8/1/2020   4.0000% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   40 LA Fitness Cedar Park 12/1/2019 $10,900,000 9/10/2019   3.7850% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   41 Westport Bakersfield Self Storage 10/16/2019 $8,950,000 9/14/2019   3.5060% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   42 50 Catoctin Circle 10/8/2019 $9,200,000 9/13/2019   3.6950% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 17 43 Brookfield Junction Apartments 9/13/2019 $8,100,000 9/13/2019   3.7920% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   44 Super Storage 8/22/2019 $5,900,000 8/28/2019   3.8480% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   45 Walgreens West Valley UT 12/1/2019 $5,600,000 8/30/2019   3.8000% 0.06976% 0.00250% 0.06000% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 6, 7 46 City Storage   $4,600,000     4.2600% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 60 60 360
Property   46.01 City Storage - North 10/21/2019 $2,700,000 8/30/2019                                    
Property   46.02 City Storage - South 10/21/2019 $1,900,000 8/30/2019                                    
Loan   47 Bank of America Jackson Heights 12/1/2019 $11,000,000 8/30/2019   3.7500% 0.01226% 0.00250% 0.00250% 0.00000% 0.00563% 0.00094% 0.00019% 0.00050% Actual/360 0 No 120 120 120 120 0
                                                 

A-1-4

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                               
                                               
Property
Flag
Footnotes Loan ID Property Name Remaining
Amortization
Term (mos.)
Note Date First
Payment
Date
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Final Maturity
Date
Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)
Annual Debt
Service
(P&I)
Annual Debt
Service
(IO)
Lockbox Type Cash Management Status Crossed With
Other Loans
Related-Borrower Loans UW NOI
DSCR (P&I)
UW NOI
DSCR (IO)
UW NCF
DSCR (P&I)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio
Maturity Date LTV Ratio
Loan 5, 9 1 Century Plaza Towers 0 10/21/2019 12/9/2019 N/A 11/9/2029 N/A $0.00 $266,545.05 $0.00 $3,198,540.60 Hard Springing No N/A N/A 4.42x N/A 4.09x 39.1% 39.1%
Loan 5, 7 2 Jackson Park 0 9/27/2019 11/10/2019 N/A 10/10/2029 N/A $0.00 $274,594.91 $0.00 $3,295,138.92 Soft Springing No N/A N/A 3.94x N/A 3.92x 34.4% 34.4%
Loan 5, 12, 13 3 Park Tower at Transbay 0 7/23/2019 9/1/2019 N/A 8/1/2029 8/1/2034 $0.00 $291,493.06 $0.00 $3,497,916.72 Hard Springing No N/A N/A 2.93x N/A 2.93x 49.1% 49.1%
Loan 5, 6, 7 4 ILPT Industrial Portfolio 0 10/21/2019 12/7/2019 N/A 11/7/2029 N/A $0.00 $168,131.93 $0.00 $2,017,583.16 Hard Springing No N/A N/A 5.52x N/A 5.05x 39.2% 39.2%
Property   4.01 1800 Union Airpark Boulevard                                        
Property   4.02 4237-4255 Anson Boulevard                                        
Property   4.03 5000 Commerce Way                                        
Property   4.04 5142 & 5148 North Hanley Road                                        
Property   4.05 945 Monument Drive                                        
Property   4.06 2801 Airwest Boulevard                                        
Property   4.07 20 Logistics Boulevard                                        
Property   4.08 5500 Southeast Delaware Avenue                                        
Property   4.09 2150 Stanley Road                                        
Property   4.10 16101 Queens Court                                        
Property   4.11 5 Logistics Drive                                        
Loan 5, 7 5 360 North Crescent Drive 0 9/30/2019 11/11/2019 N/A 10/11/2029 N/A $0.00 $215,126.67 $0.00 $2,581,520.04 Hard In Place No N/A N/A 2.36x N/A 2.31x 52.2% 52.2%
Loan 8, 10 6 Norwalk Government Center 0 10/31/2019 12/11/2019 N/A 11/11/2029 N/A $0.00 $215,976.85 $0.00 $2,591,722.20 Hard In Place No N/A N/A 2.18x N/A 2.10x 63.5% 63.5%
Loan 6 7 ExchangeRight Net Leased Portfolio #30 0 10/23/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $189,590.43 $0.00 $2,275,085.16 Hard Springing No N/A N/A 2.54x N/A 2.46x 61.6% 61.6%
Property   7.01 Giant Eagle - Homestead (Waterfront), PA                                        
Property   7.02 Hobby Lobby - Pearland (Pearland), TX                                        
Property   7.03 Walgreens - New Berlin (Moorland), WI                                        
Property   7.04 Walgreens - Flourtown (Bethlehem), PA                                        
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI                                        
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA                                        
Property   7.07 Tractor Supply - Canton (Cherokee), GA                                        
Property   7.08 Walgreens - Sheboygan (14th), WI                                        
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA                                        
Property   7.10 Tractor Supply - Hammond (Highway 190), LA                                        
Property   7.11 Tractor Supply - Canton (Michigan), MI                                        
Property   7.12 Walgreens - Waukesha (Moreland), WI                                        
Property   7.13 AutoZone - Chicago (Cicero), IL                                        
Property   7.14 Dollar General - Mandeville (LA-59), LA                                        
Property   7.15 Dollar General - Stockbrige (Fairview), GA                                        
Property   7.16 Dollar General - Copperas Cove (1st Street), TX                                        
Property   7.17 Dollar General - Lafayette (Ambassador), LA                                        
Property   7.18 Dollar General - Baton Rouge (Florida), LA                                        
Property   7.19 Dollar General - Altoona (Temple), PA                                        
Property   7.20 Dollar General - San Angelo (South Bell), TX                                        
Property   7.21 Dollar General - Baton Rouge (Harrells), LA                                        
Loan   8 1000 South Broadway Apartments 0 10/18/2019 12/11/2019 N/A 11/11/2029 N/A $0.00 $166,132.65 $0.00 $1,993,591.80 Springing Springing No N/A N/A 1.97x N/A 1.94x 60.2% 60.2%
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio 360 11/7/2019 1/1/2020 1/1/2025 12/1/2029 N/A $252,593.48 $183,079.48 3,031,121.76 $2,196,953.76 Springing Springing No N/A 1.63x 2.25x 1.55x 2.14x 72.7% 66.4%
Property   9.01 Countryside Village Apartments                                        
Property   9.02 93 Twenty Apartments                                        
Property   9.03 Charleston Crossing Apartments                                        
Property   9.04 Ridge Park Apartments                                        
Property   9.05 Inverness Apartments                                        
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio 0 11/5/2019 1/1/2020 N/A 12/1/2029 N/A $0.00 $160,965.00 $0.00 $1,931,580.00 Springing Springing No N/A N/A 2.05x N/A 2.00x 67.6% 67.6%
Property   10.01 1460 Macombs Road                                        
Property   10.02 984 Sheridan Avenue                                        
Property   10.03 901 Walton Avenue                                        
Property   10.04 2 Minerva Place                                        
Property   10.05 4040 Bronx Boulevard                                        
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio 0 9/4/2019 10/11/2019 N/A 9/11/2029 N/A $0.00 $107,159.63 $0.00 $1,285,915.56 Springing Springing No N/A N/A 3.28x N/A 3.22x 51.5% 51.5%
Property   11.01 Stockbridge, GA                                        
Property   11.02 Lithonia, GA                                        
Property   11.03 Atlanta, GA                                        
Property   11.04 Stone Mountain, GA                                        
Property   11.05 Decatur, GA                                        
Property   11.06 Lithia Springs, GA                                        
Property   11.07 Roswell, GA                                        
Property   11.08 Norcross, GA                                        
Loan   12 Mosby Ingleside 0 9/30/2019 11/1/2019 N/A 10/1/2029 N/A $0.00 $116,343.75 $0.00 $1,396,125.00 Springing Springing No N/A N/A 1.99x N/A 1.95x 67.3% 67.3%
Loan 5, 6 13 Sacramento Office Portfolio 0 10/17/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $99,449.83 $0.00 $1,193,397.96 Hard Springing No N/A N/A 3.28x N/A 2.98x 67.1% 67.1%
Property   13.01 Royal Oaks Campus                                        
Property   13.02 Lennane Campus                                        
Property   13.03 West Sacramento Campus                                        
Loan   14 Plaza Pacoima 0 10/11/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $92,569.53 $0.00 $1,110,834.36 Hard Springing No N/A N/A 2.78x N/A 2.72x 60.8% 60.8%
Loan 15 15 El Mercado Shopping Center 360 11/1/2019 12/1/2019 12/1/2024 11/1/2029 N/A $130,866.86 $90,489.58 1,570,402.32 $1,085,874.96 Springing Springing No N/A 1.61x 2.32x 1.50x 2.18x 63.9% 57.9%
Loan   16 Riverview Shopping Center 0 10/18/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $70,401.91 $0.00 $844,822.92 Springing Springing No N/A N/A 3.38x N/A 3.08x 43.8% 43.8%
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio 0 9/16/2019 11/1/2019 N/A 10/1/2029 N/A $0.00 $77,520.25 $0.00 $930,243.00 Hard Springing No N/A N/A 3.11x N/A 2.96x 62.8% 62.8%
Property   17.01 Lakeline Plaza                                        
Property   17.02 Forest Plaza                                        
Property   17.03 White Oaks Plaza                                        
Property   17.04 Muncie Towne Plaza                                        
Property   17.05 Lakeline Village                                        
Loan   18 Woodland Falls 360 11/4/2019 1/1/2020 1/1/2023 12/1/2029 N/A $110,448.93 $72,144.53 1,325,387.16 $865,734.36 Hard Springing No N/A 2.14x 3.28x 1.89x 2.89x 73.4% 62.8%
Loan   19 The Shops at Stony Creek 359 10/31/2019 12/11/2019 N/A 11/11/2029 N/A $110,597.32 $0.00 1,327,167.84 $0 Springing Springing No N/A 1.54x N/A 1.45x N/A 73.8% 58.8%
Loan 16 20 Embassy Suites Richmond 0 11/1/2019 1/1/2020 N/A 12/1/2029 N/A $0.00 $68,868.40 $0.00 $826,420.80 Springing Springing No N/A N/A 4.19x N/A 3.72x 49.4% 49.4%
Loan   21 Holiday Inn - Charlotte Airport 357 8/29/2019 10/1/2019 N/A 9/1/2029 N/A $99,050.32 $0.00 1,188,603.84 $0.00 Springing Springing No N/A 2.24x N/A 1.98x N/A 66.4% 52.9%
Loan   22 Cypress Pointe 360 11/5/2019 1/1/2020 1/1/2025 12/1/2029 N/A $82,911.05 $58,117.48 994,932.60 $697,409.76 Springing Springing No N/A 1.77x 2.53x 1.67x 2.38x 69.7% 63.3%
Loan   23 American Airlines 299 10/18/2019 12/11/2019 N/A 11/11/2029 N/A $82,329.09 $0.00 987,949.08 $0 Hard Springing No N/A 1.48x N/A 1.34x N/A 68.5% 49.7%
Loan 12 24 950 Iron Point Road 359 10/3/2019 12/1/2019 N/A 11/1/2029 N/A $68,492.59 $0.00 821,911.08 $0.00 Springing Springing No N/A 1.95x N/A 1.72x N/A 60.0% 47.0%
Loan   25 Cedar Village MHC 0 10/22/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $43,564.38 $0.00 $522,772.56 Springing Springing No Group A N/A 2.44x N/A 2.42x 66.0% 66.0%
Loan   26 Arabian Gardens MHC 0 10/22/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $43,204.34 $0.00 $518,452.08 Springing Springing No Group A N/A 2.48x N/A 2.46x 64.1% 64.1%
Loan 6 27 1 Plaza La Prensa & Sena Plaza 359 10/25/2019 12/11/2019 N/A 11/11/2029 N/A $68,028.71 $0.00 816,344.52 $0 Soft Springing No N/A 1.63x N/A 1.48x N/A 67.3% 54.0%
Property   27.01 1 Plaza La Prensa                                        
Property   27.02 Sena Plaza                                        
Loan   28 Home2 Suites - Grovetown 359 10/18/2019 12/1/2019 N/A 11/1/2029 N/A $60,051.53 $0.00 720,618.36 $0.00 Hard Springing No N/A 2.11x N/A 1.91x N/A 69.9% 55.8%
Loan   29 2700 Patriot Boulevard 360 10/21/2019 12/1/2019 12/1/2024 11/1/2029 N/A $54,050.79 $36,382.73 648,609.48 $436,592.76 Springing Springing No N/A 2.59x 3.84x 2.31x 3.44x 70.0% 63.3%
Loan   30 82-17 153rd Avenue Retail 359 10/18/2019 12/1/2019 N/A 11/1/2029 N/A $50,360.30 $0.00 604,323.60 $0.00 Hard Springing No N/A 2.49x N/A 2.40x N/A 44.6% 34.8%
Loan   31 Bloom 24 Apartments 0 10/23/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $31,663.03 $0.00 $379,956.36 Springing Springing No N/A N/A 2.45x N/A 2.37x 63.7% 63.7%
Loan   32 The Quin 360 11/5/2019 1/1/2020 1/1/2025 12/1/2029 N/A $50,797.10 $36,817.69 609,565.20 $441,812.28 Springing Springing No N/A 1.45x 2.00x 1.42x 1.96x 69.1% 63.0%
Loan   33 Save Mart Center 357 8/23/2019 10/11/2019 N/A 9/11/2029 N/A $44,704.81 $0.00 536,457.72 $0 Springing Springing No N/A 1.55x N/A 1.45x N/A 73.9% 58.7%
Loan   34 Plaza de Cicero 360 10/21/2019 12/11/2019 12/11/2021 11/11/2029 N/A $42,555.25 $28,964.83 510,663.00 $347,577.96 N/A N/A No N/A 2.10x 3.08x 2.00x 2.94x 69.5% 58.2%
Loan   35 Oxnard Port Place Shoppes 0 11/5/2019 1/1/2020 N/A 12/1/2029 N/A $0.00 $29,123.96 $0.00 $349,487.52 Springing Springing No N/A N/A 2.55x N/A 2.34x 65.7% 65.7%
Loan   36 Meadow Ridge Apartments 0 10/28/2019 12/11/2019 N/A 11/11/2029 N/A $0.00 $25,972.44 $0.00 $311,669.28 N/A N/A No Group B N/A 2.52x N/A 2.41x 62.5% 62.5%
Loan   37 StoreRight Self Storage – Vero Beach 358 10/9/2019 11/11/2019 N/A 10/11/2029 N/A $31,999.56 $0.00 383,994.72 $0 N/A N/A No N/A 1.66x N/A 1.64x N/A 68.4% 54.9%
Loan   38 1609 Alton Road 0 11/4/2019 1/5/2020 N/A 12/5/2029 N/A $0.00 $21,597.95 $0.00 $259,175.40 Springing Springing No N/A N/A 1.99x N/A 1.87x 65.1% 65.1%
Loan 12 39 Hampton Inn - Sanford 359 10/18/2019 12/1/2019 N/A 11/1/2029 N/A $28,644.92 $0.00 343,739.04 $0.00 Hard Springing No N/A 2.41x N/A 2.18x N/A 61.1% 48.8%
Loan   40 LA Fitness Cedar Park 0 11/1/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $17,700.79 $0.00 $212,409.48 Springing Springing No N/A N/A 2.87x N/A 2.67x 50.8% 50.8%
Loan   41 Westport Bakersfield Self Storage 0 10/25/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $15,996.13 $0.00 $191,953.56 Springing Springing No N/A N/A 2.88x N/A 2.78x 60.3% 60.3%
Loan   42 50 Catoctin Circle 0 10/17/2019 12/11/2019 N/A 11/11/2029 N/A $0.00 $16,012.44 $0.00 $192,149.28 N/A N/A No N/A N/A 3.40x N/A 3.15x 55.6% 55.6%
Loan 17 43 Brookfield Junction Apartments 0 10/28/2019 12/11/2019 N/A 11/11/2029 N/A $0.00 $16,063.33 $0.00 $192,759.96 N/A N/A No Group B N/A 2.55x N/A 2.44x 61.7% 61.7%
Loan   44 Super Storage 0 10/18/2019 12/11/2019 N/A 11/11/2029 N/A $0.00 $11,511.45 $0.00 $138,137.40 Springing Springing No N/A N/A 2.19x N/A 2.16x 59.8% 59.8%
Loan   45 Walgreens West Valley UT 0 10/16/2019 12/1/2019 N/A 11/1/2029 N/A $0.00 $10,755.67 $0.00 $129,068.04 Springing Springing No N/A N/A 2.62x N/A 2.60x 59.8% 59.8%
Loan 6, 7 46 City Storage 360 11/6/2019 1/1/2020 1/1/2025 12/1/2029 N/A $15,760.82 $11,517.78 189,129.84 $138,213.36 Springing Springing No N/A 1.69x 2.32x 1.66x 2.27x 69.6% 63.5%
Property   46.01 City Storage - North                                        
Property   46.02 City Storage - South                                        
Loan   47 Bank of America Jackson Heights 0 11/8/2019 1/1/2020 N/A 12/1/2029 N/A $0.00 $9,505.21 $0.00 $114,062.52 Springing Springing No N/A N/A 4.85x N/A 4.62x 27.3% 27.3%
                                               

A-1-5

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                         
                                         
Property
Flag
Footnotes Loan ID Property Name Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)
YM
Formula
  Third Most
Recent Revenues
Third Most
Recent Expenses
Third Most
Recent NOI
Third
Most Recent
NOI Date
Third Most
Recent NOI
Debt Yield
Second Most
 Recent Revenues
Second Most
 Recent Expenses
Second Most
 Recent NOI
Second
Most Recent
NOI Date
Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Loan 5, 9 1 Century Plaza Towers 0 (1 grace period of 10 business days every calendar year) 0 Ninth YM1(25);DEF/YM1(90);O(5) A   $117,379,087 $34,178,955 $83,200,132 12/31/2017 9.2% $125,317,446 $36,292,891 $89,024,555 12/31/2018 9.9% $120,890,660
Loan 5, 7 2 Jackson Park 0 0 Tenth LO(26);DEF(87);O(7)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 5, 12, 13 3 Park Tower at Transbay 5 days once per a 12-month period 5 days once per a 12-month period First LO(23);YM(90);O(7) B   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 5, 6, 7 4 ILPT Industrial Portfolio 0 0 Seventh LO(25);DEF/YM1(88);O(7) C   $20,837,420 $4,518,161 $16,319,258 12/31/2016 7.6% $33,628,469 $6,368,613 $27,259,856 12/31/2017 12.7% $35,335,764
Property   4.01 1800 Union Airpark Boulevard             $8,475,748 $2,515,626 $5,960,121 12/31/2016   $8,551,118 $2,509,169 $6,041,949 12/31/2017   $8,660,170
Property   4.02 4237-4255 Anson Boulevard             $2,869,718 $479,795 $2,389,923 12/31/2016   $5,881,285 $1,170,316 $4,710,969 12/31/2017   $6,124,114
Property   4.03 5000 Commerce Way             $3,975,143 $635,141 $3,340,001 12/31/2016   $4,229,039 $641,092 $3,587,947 12/31/2017   $4,308,405
Property   4.04 5142 & 5148 North Hanley Road             $1,802,705 $10,208 $1,792,497 12/31/2016   $2,655,862 $21,608 $2,634,254 12/31/2017   $2,699,991
Property   4.05 945 Monument Drive             $3,367,805 $423,501 $2,944,304 12/31/2016   $3,252,155 $375,988 $2,876,167 12/31/2017   $3,312,029
Property   4.06 2801 Airwest Boulevard             $115,844 $8,728 $107,116 12/31/2016   $2,439,453 $67,612 $2,371,841 12/31/2017   $2,455,992
Property   4.07 20 Logistics Boulevard             $121,898 $16,750 $105,148 12/31/2016   $2,772,757 $459,102 $2,313,655 12/31/2017   $2,824,454
Property   4.08 5500 Southeast Delaware Avenue             N/A N/A N/A N/A   $1,561,038 $80,313 $1,480,725 12/31/2017   $1,580,595
Property   4.09 2150 Stanley Road             $108,559 $22,546 $86,013 12/31/2016   $2,242,367 $541,787 $1,700,580 12/31/2017   $2,297,895
Property   4.10 16101 Queens Court             $0 $388,523 -$388,523 12/31/2016   $0 $292,769 -$292,769 12/31/2017   $430,850
Property   4.11 5 Logistics Drive             $0 $17,343 -$17,343 12/31/2016   $43,395 $208,857 -$165,462 12/31/2017   $641,270
Loan 5, 7 5 360 North Crescent Drive 0 0 Eleventh LO(24);YM1(2);DEF/YM1(87);O(7) D   $12,178,133 $4,408,908 $7,769,225 12/31/2016 6.0% $12,748,068 $4,825,158 $7,922,910 12/31/2017 6.2% $13,300,871
Loan 8, 10 6 Norwalk Government Center 0 0 Eleventh LO(25);DEF(91);O(4)     $9,925,350 $4,644,394 $5,280,956 12/31/2017 8.0% $9,087,612 $4,475,029 $4,612,584 12/31/2018 7.0% $9,300,281
Loan 6 7 ExchangeRight Net Leased Portfolio #30 5 5 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Property   7.01 Giant Eagle - Homestead (Waterfront), PA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.02 Hobby Lobby - Pearland (Pearland), TX             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.03 Walgreens - New Berlin (Moorland), WI             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.04 Walgreens - Flourtown (Bethlehem), PA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.07 Tractor Supply - Canton (Cherokee), GA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.08 Walgreens - Sheboygan (14th), WI             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.10 Tractor Supply - Hammond (Highway 190), LA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.11 Tractor Supply - Canton (Michigan), MI             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.12 Walgreens - Waukesha (Moreland), WI             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.13 AutoZone - Chicago (Cicero), IL             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.14 Dollar General - Mandeville (LA-59), LA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.15 Dollar General - Stockbrige (Fairview), GA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.16 Dollar General - Copperas Cove (1st Street), TX             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.17 Dollar General - Lafayette (Ambassador), LA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.18 Dollar General - Baton Rouge (Florida), LA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.19 Dollar General - Altoona (Temple), PA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.20 Dollar General - San Angelo (South Bell), TX             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   7.21 Dollar General - Baton Rouge (Harrells), LA             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Loan   8 1000 South Broadway Apartments 0 0 Eleventh LO(25);DEF(88);O(7)     $5,278,534 $1,628,679 $3,649,855 12/31/2017 6.7% $5,522,651 $1,649,107 $3,873,544 12/31/2018 7.1% $5,643,099
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio 5 5 First LO(24);DEF(89);O(7)     $7,094,966 $3,048,120 $4,046,846 12/31/2017 7.8% $7,759,566 $3,181,539 $4,578,027 12/31/2018 8.9% $7,973,128
Property   9.01 Countryside Village Apartments             $2,709,658 $1,213,831 $1,495,827 12/31/2017   $3,153,041 $1,254,296 $1,898,745 12/31/2018   $3,258,999
Property   9.02 93 Twenty Apartments             $1,576,120 $643,730 $932,390 12/31/2017   $1,670,288 $710,728 $959,560 12/31/2018   $1,715,473
Property   9.03 Charleston Crossing Apartments             $998,145 $466,907 $531,238 12/31/2017   $1,077,962 $451,521 $626,441 12/31/2018   $1,127,356
Property   9.04 Ridge Park Apartments             $1,004,804 $403,323 $601,481 12/31/2017   $1,005,267 $434,781 $570,486 12/31/2018   $1,011,001
Property   9.05 Inverness Apartments             $806,239 $320,329 $485,910 12/31/2017   $853,008 $330,213 $522,795 12/31/2018   $860,299
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio 5 5 First LO(24);DEF(89);O(7)     $5,421,615 $1,986,694 $3,434,921 12/31/2017 6.8% $5,756,311 $2,157,325 $3,598,986 12/31/2018 7.1% $5,868,744
Property   10.01 1460 Macombs Road             $1,773,329 $726,847 $1,046,482 12/31/2017   $1,818,650 $832,148 $986,502 12/31/2018   $1,865,726
Property   10.02 984 Sheridan Avenue             $1,195,759 $336,986 $858,773 12/31/2017   $1,245,592 $360,717 $884,875 12/31/2018   $1,244,514
Property   10.03 901 Walton Avenue             $1,007,282 $286,569 $720,713 12/31/2017   $1,075,004 $346,027 $728,977 12/31/2018   $1,099,584
Property   10.04 2 Minerva Place             $753,717 $225,928 $527,789 12/31/2017   $820,296 $229,230 $591,066 12/31/2018   $827,751
Property   10.05 4040 Bronx Boulevard             $691,528 $410,364 $281,164 12/31/2017   $796,769 $389,203 $407,566 12/31/2018   $831,169
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio 0 0 Eleventh LO(27);DEF(88);O(5)     $6,154,011 $2,301,963 $3,852,048 12/31/2017 9.7% $6,320,929 $2,378,793 $3,942,136 12/31/2018 9.9% $6,374,798
Property   11.01 Stockbridge, GA             $1,075,070 $331,389 $743,681 12/31/2017   $1,139,350 $341,814 $797,536 12/31/2018   $1,143,061
Property   11.02 Lithonia, GA             $1,126,223 $360,606 $765,617 12/31/2017   $1,146,117 $373,230 $772,887 12/31/2018   $1,157,399
Property   11.03 Atlanta, GA             $784,495 $305,906 $478,589 12/31/2017   $769,332 $303,590 $465,742 12/31/2018   $774,566
Property   11.04 Stone Mountain, GA             $748,381 $323,437 $424,944 12/31/2017   $787,951 $341,261 $446,690 12/31/2018   $782,180
Property   11.05 Decatur, GA             $720,743 $286,991 $433,752 12/31/2017   $741,886 $294,762 $447,124 12/31/2018   $762,338
Property   11.06 Lithia Springs, GA             $550,528 $209,235 $341,293 12/31/2017   $597,785 $227,341 $370,444 12/31/2018   $580,272
Property   11.07 Roswell, GA             $631,181 $272,687 $358,494 12/31/2017   $598,836 $277,196 $321,640 12/31/2018   $609,498
Property   11.08 Norcross, GA             $517,390 $211,712 $305,678 12/31/2017   $539,672 $219,599 $320,073 12/31/2018   $565,484
Loan   12 Mosby Ingleside 0 5 First LO(26);DEF(90);O(4)     N/A N/A N/A N/A N/A $1,782,753 $1,089,045 $693,708 12/31/2018 1.9% $4,291,980
Loan 5, 6 13 Sacramento Office Portfolio 3 3 First LO(25);DEF(90);O(5)     $8,626,952 $3,761,177 $4,865,775 12/31/2017 9.8% $8,789,822 $4,009,522 $4,780,300 12/31/2018 9.7% $8,897,524
Property   13.01 Royal Oaks Campus             $3,979,721 $1,829,630 $2,150,091 12/31/2017   $4,016,780 $1,906,904 $2,109,876 12/31/2018   $4,057,052
Property   13.02 Lennane Campus             $3,104,790 $1,346,827 $1,757,963 12/31/2017   $3,171,061 $1,480,581 $1,690,480 12/31/2018   $3,226,773
Property   13.03 West Sacramento Campus             $1,542,441 $584,720 $957,721 12/31/2017   $1,601,981 $622,037 $979,944 12/31/2018   $1,613,699
Loan   14 Plaza Pacoima 5 5 First YM0.5(25);DEF/YM0.5(88);O(7) E   $3,443,581 $356,508 $3,087,073 12/31/2017 9.9% $3,487,975 $400,305 $3,087,669 12/31/2018 9.9% $3,526,190
Loan 15 15 El Mercado Shopping Center 5 5 First LO(25);DEF(91);O(4)     $3,512,573 $1,251,281 $2,261,291 12/31/2017 8.1% $3,740,694 $1,345,034 $2,395,660 12/31/2018 8.6% $3,902,384
Loan   16 Riverview Shopping Center 0 0 First LO(25);YM1(90);O(5) F   $3,679,828 $808,157 $2,871,671 12/31/2017 11.4% $3,704,123 $886,247 $2,817,876 12/31/2018 11.2% $3,799,880
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio 0 5 First LO(26);DEF(89);O(5)     $20,653,704 $4,443,034 $16,210,670 12/31/2017 13.9% $20,389,908 $4,573,096 $15,816,812 12/31/2018 13.5% $19,890,941
Property   17.01 Lakeline Plaza             $5,731,436 $1,516,437 $4,215,000 12/31/2017   $6,187,004 $1,594,133 $4,592,871 12/31/2018   $6,182,949
Property   17.02 Forest Plaza             $7,106,630 $1,473,573 $5,633,057 12/31/2017   $6,403,906 $1,527,402 $4,876,504 12/31/2018   $5,733,257
Property   17.03 White Oaks Plaza             $5,430,496 $779,865 $4,650,631 12/31/2017   $5,345,031 $811,810 $4,533,221 12/31/2018   $5,523,283
Property   17.04 Muncie Towne Plaza             $1,872,495 $473,612 $1,398,883 12/31/2017   $1,942,165 $437,448 $1,504,717 12/31/2018   $1,959,813
Property   17.05 Lakeline Village             $512,647 $199,548 $313,099 12/31/2017   $511,802 $202,303 $309,499 12/31/2018   $491,639
Loan   18 Woodland Falls 0 0 First LO(24);DEF(92);O(4)     $2,875,951 $1,829,968 $1,045,983 12/31/2017 4.2% $3,978,058 $2,298,397 $1,679,661 12/31/2018 6.8% $4,356,916
Loan   19 The Shops at Stony Creek 0 0 Eleventh LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A $1,245,060 $475,054 $770,006 12/31/2018 3.3% $1,860,817
Loan 16 20 Embassy Suites Richmond 5 5 First LO(24);DEF(92);O(4)     $5,824,141 $4,964,734 $859,407 12/31/2017 3.9% $8,404,039 $5,892,163 $2,511,876 12/31/2018 11.4% $9,831,376
Loan   21 Holiday Inn - Charlotte Airport 5 5 First LO(27);DEF(89);O(4)     $7,371,020 $4,927,596 $2,443,424 12/31/2017 11.7% $7,580,969 $5,043,926 $2,537,043 12/31/2018 12.1% $7,709,133
Loan   22 Cypress Pointe 5 5 First LO(24);DEF(92);O(4)     $2,770,053 $1,064,903 $1,705,150 12/31/2017 9.7% $2,478,249 $1,074,890 $1,403,359 12/31/2018 8.0% $2,263,269
Loan   23 American Airlines 0 0 Eleventh LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A $1,372,765 $45,185 $1,327,580 12/31/2017 8.6% $1,721,455
Loan 12 24 950 Iron Point Road 5 4 First LO(25);DEF(91);O(4)     $1,304,108 $701,557 $602,551 12/31/2017 4.0% $1,290,306 $661,636 $628,670 12/31/2018 4.1% $1,309,179
Loan   25 Cedar Village MHC 5 4 First LO(25);DEF(91);O(4)     $2,151,420 $931,706 $1,219,714 12/31/2017 8.1% $2,229,466 $876,178 $1,353,288 12/31/2018 8.9% $2,310,987
Loan   26 Arabian Gardens MHC 5 4 First LO(25);DEF(91);O(4)     $2,438,127 $1,143,117 $1,295,010 12/31/2017 8.6% $2,532,237 $1,139,608 $1,392,629 12/31/2018 9.3% $2,575,219
Loan 6 27 1 Plaza La Prensa & Sena Plaza 0 0 Eleventh LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Property   27.01 1 Plaza La Prensa             N/A N/A N/A N/A   N/A N/A N/A N/A   N/A
Property   27.02 Sena Plaza             $776,143 $325,264 $450,880 12/31/2017   $810,866 $301,076 $509,790 12/31/2018   $825,161
Loan   28 Home2 Suites - Grovetown 5 4 First LO(25);DEF(91);O(4)     $2,931,473 $1,804,427 $1,127,046 12/31/2017 9.0% $3,202,552 $1,919,199 $1,283,353 12/31/2018 10.3% $3,671,206
Loan   29 2700 Patriot Boulevard 0 5 First LO(25);DEF(90);O(5)     $3,080,987 $1,465,563 $1,615,424 12/31/2017 13.7% $3,162,151 $1,677,751 $1,484,400 12/31/2018 12.5% $3,408,282
Loan   30 82-17 153rd Avenue Retail 5 4 First LO(25);DEF(91);O(4)     $2,631,254 $1,182,030 $1,449,224 12/31/2017 12.8% $2,640,661 $1,147,494 $1,493,167 12/31/2018 13.2% $2,849,207
Loan   31 Bloom 24 Apartments 5 4 First LO(25);DEF(90);O(5)     $1,394,574 $578,786 $815,788 12/31/2017 7.3% $1,453,648 $536,956 $916,692 12/31/2018 8.2% $1,474,347
Loan   32 The Quin 5 5 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   33 Save Mart Center 0 0 Eleventh LO(27);DEF/YM1(89);O(4) G   $391,493 $160,336 $231,158 12/31/2017 2.4% $728,143 $192,973 $535,171 12/31/2018 5.6% $919,353
Loan   34 Plaza de Cicero 0 0 Eleventh LO(25);DEF(91);O(4)     $1,588,162 $637,015 $951,147 12/31/2017 10.3% $1,491,714 $616,838 $874,876 12/31/2018 9.5% $1,587,738
Loan   35 Oxnard Port Place Shoppes 5 5 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   36 Meadow Ridge Apartments 0 0 Eleventh LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A $1,055,486 $412,677 $642,809 12/31/2018 8.0% $1,094,180
Loan   37 StoreRight Self Storage – Vero Beach 0 0 Eleventh LO(26);DEF(90);O(4)     $650,198 $226,605 $423,593 12/31/2017 6.5% $735,286 $238,538 $496,748 12/31/2018 7.6% $799,334
Loan   38 1609 Alton Road 0 0 Fifth LO(24);DEF(91);O(5)     $567,111 $203,776 $363,335 12/31/2017 5.8% $652,174 $205,541 $446,633 12/31/2018 7.1% $689,545
Loan 12 39 Hampton Inn - Sanford 5 4 First LO(25);DEF(91);O(4)     $2,047,195 $1,156,730 $890,465 12/31/2017 14.9% $1,783,437 $1,064,196 $719,241 12/31/2018 12.0% $1,941,989
Loan   40 LA Fitness Cedar Park 5 5 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   41 Westport Bakersfield Self Storage 5 4 First LO(25);DEF(91);O(4)     $687,557 $225,495 $462,062 12/31/2017 8.6% $747,651 $200,064 $547,587 12/31/2018 10.1% $750,089
Loan   42 50 Catoctin Circle 0 0 Eleventh LO(25);DEF(91);O(4)     $910,600 $374,072 $536,528 12/31/2017 10.5% $947,037 $430,057 $516,980 12/31/2018 10.1% $1,002,106
Loan 17 43 Brookfield Junction Apartments 0 0 Eleventh LO(25);DEF(91);O(4)     $635,201 $228,786 $406,415 12/31/2017 8.1% $637,333 $275,972 $361,361 12/31/2018 7.2% $757,935
Loan   44 Super Storage 0 0 Eleventh LO(25);DEF(91);O(4)     $447,473 $192,620 $254,853 12/31/2017 7.2% $491,374 $194,773 $296,601 12/31/2018 8.4% $502,326
Loan   45 Walgreens West Valley UT 5 5 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 6, 7 46 City Storage 5 5 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A $422,862 $194,401 $228,461 12/31/2018 7.1% $504,934
Property   46.01 City Storage - North             N/A N/A N/A N/A   $207,370 $91,077 $116,293 12/31/2018   $278,890
Property   46.02 City Storage - South             N/A N/A N/A N/A   $215,492 $103,324 $112,168 12/31/2018   $226,044
Loan   47 Bank of America Jackson Heights 0 5 First LO(24);DEF(92);O(4)     $730,207 $99,843 $630,364 12/31/2016 21.0% $735,195 $191,554 $543,641 12/31/2017 18.1% $796,691
                                         

A-1-6

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                     
                                     
Property
Flag
Footnotes Loan ID Property Name Most
 Recent Expenses
Most
Recent NOI
Most
Recent
NOI Date
Most
Recent NOI
Debt Yield
Underwritten
Occupancy Rate
Underwritten
Effective Gross Income
Underwritten Total
Expenses
Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves
Underwritten
TI/LC
Underwritten NCF Underwritten NCF Debt Yield   Largest Tenant
Loan 5, 9 1 Century Plaza Towers $37,547,742 $83,342,918 9/30/2019 TTM 9.3% 94.8% $158,615,968 $37,470,212 $121,145,756 13.5% $480,328 $8,415,062 $112,250,366 12.5%   Bank of America
Loan 5, 7 2 Jackson Park N/A N/A N/A N/A 95.0% $88,974,756 $17,579,385 $71,395,371 13.0% $394,276 $0 $71,001,095 12.9%   N/A
Loan 5, 12, 13 3 Park Tower at Transbay N/A N/A N/A N/A 96.7% $85,332,264 $28,981,596 $56,350,668 10.2% $72,995 $0 $56,277,673 10.2%   Facebook, Inc.
Loan 5, 6, 7 4 ILPT Industrial Portfolio $6,445,614 $28,890,150 12/31/2018 13.5% 97.5% $39,822,695 $7,985,779 $31,836,916 14.8% $656,723 $2,038,736 $29,141,457 13.6%    
Property   4.01 1800 Union Airpark Boulevard $2,537,067 $6,123,103 12/31/2018   97.5% $8,907,213 $2,906,244 $6,000,969   $143,300 $452,296 $5,405,373     Procter & Gamble
Property   4.02 4237-4255 Anson Boulevard $1,318,374 $4,805,740 12/31/2018   97.5% $5,904,323 $1,536,726 $4,367,597   $82,926 $272,696 $4,011,976     Amazon
Property   4.03 5000 Commerce Way $679,662 $3,628,743 12/31/2018   97.5% $4,451,482 $765,972 $3,685,510   $81,285 $241,149 $3,363,076     Amazon
Property   4.04 5142 & 5148 North Hanley Road $20,556 $2,679,435 12/31/2018   97.5% $3,708,736 $132,948 $3,575,789   $34,479 $148,969 $3,392,341     SKF USA
Property   4.05 945 Monument Drive $430,464 $2,881,565 12/31/2018   97.5% $3,386,613 $482,738 $2,903,875   $77,000 $206,930 $2,619,946     Subaru of America Distribution
Property   4.06 2801 Airwest Boulevard $44,468 $2,411,524 12/31/2018   97.5% $2,491,915 $117,071 $2,374,844   $64,367 $164,469 $2,146,008     Whirlpool Corporation
Property   4.07 20 Logistics Boulevard $484,545 $2,339,909 12/31/2018   97.5% $2,864,407 $630,409 $2,233,998   $48,287 $148,895 $2,036,817     Cummins, Inc.
Property   4.08 5500 Southeast Delaware Avenue $83,456 $1,497,139 12/31/2018   97.5% $2,914,156 $104,426 $2,809,731   $51,528 $155,235 $2,602,967     The Toro Company
Property   4.09 2150 Stanley Road $553,914 $1,743,981 12/31/2018   97.5% $2,301,168 $665,285 $1,635,883   $39,480 $120,692 $1,475,711     Siemens Corporation
Property   4.10 16101 Queens Court $133,165 $297,684 12/31/2018   97.5% $1,675,398 $380,692 $1,294,706   $17,664 $70,559 $1,206,483     La-Z-Boy Incorporated
Property   4.11 5 Logistics Drive $159,943 $481,327 12/31/2018   97.5% $1,217,283 $263,268 $954,015   $16,407 $56,849 $880,759     Transamerica Auto Parts
Loan 5, 7 5 360 North Crescent Drive $4,812,611 $8,488,260 12/31/2018 6.6% 95.0% $14,143,880 $3,480,740 $10,663,140 8.3% $83,692 $155,530 $10,423,919 8.1%   Platinum Equity
Loan 8, 10 6 Norwalk Government Center $4,602,738 $4,697,543 9/30/2019 TTM 7.1% 79.3% $9,907,804 $4,255,768 $5,652,036 8.5% $157,958 $51,455 $5,442,623 8.2%   County of LA Sheriff’s Dept.
Loan 6 7 ExchangeRight Net Leased Portfolio #30 N/A N/A N/A N/A 95.0% $5,923,819 $148,095 $5,775,724 9.4% $20,791 $164,947 $5,589,986 9.1%    
Property   7.01 Giant Eagle - Homestead (Waterfront), PA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Giant Eagle
Property   7.02 Hobby Lobby - Pearland (Pearland), TX N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Hobby Lobby
Property   7.03 Walgreens - New Berlin (Moorland), WI N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Walgreens
Property   7.04 Walgreens - Flourtown (Bethlehem), PA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Walgreens
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Walgreens
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Fresenius Medical Care
Property   7.07 Tractor Supply - Canton (Cherokee), GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Tractor Supply
Property   7.08 Walgreens - Sheboygan (14th), WI N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Walgreens
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Tractor Supply
Property   7.10 Tractor Supply - Hammond (Highway 190), LA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Tractor Supply
Property   7.11 Tractor Supply - Canton (Michigan), MI N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Tractor Supply
Property   7.12 Walgreens - Waukesha (Moreland), WI N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Walgreens
Property   7.13 AutoZone - Chicago (Cicero), IL N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     AutoZone
Property   7.14 Dollar General - Mandeville (LA-59), LA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.15 Dollar General - Stockbrige (Fairview), GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.16 Dollar General - Copperas Cove (1st Street), TX N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.17 Dollar General - Lafayette (Ambassador), LA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.18 Dollar General - Baton Rouge (Florida), LA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.19 Dollar General - Altoona (Temple), PA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.20 Dollar General - San Angelo (South Bell), TX N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Property   7.21 Dollar General - Baton Rouge (Harrells), LA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A     Dollar General
Loan   8 1000 South Broadway Apartments $1,677,853 $3,965,246 8/31/2019 TTM 7.3% 93.8% $5,652,917 $1,731,900 $3,921,017 7.2% $57,200 $0 $3,863,817 7.1%   N/A
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio $3,086,064 $4,887,064 8/31/2019 TTM 9.4% 93.6% $8,058,910 $3,106,534 $4,952,375 9.6% $247,511 $0 $4,704,864 9.1%    
Property   9.01 Countryside Village Apartments $1,204,037 $2,054,962 8/31/2019 TTM   93.2% $3,293,840 $1,222,422 $2,071,417   $107,757 $0 $1,963,660     N/A
Property   9.02 93 Twenty Apartments $697,793 $1,017,679 8/31/2019 TTM   95.0% $1,743,869 $702,604 $1,041,265   $47,011 $0 $994,254     N/A
Property   9.03 Charleston Crossing Apartments $448,341 $679,015 8/31/2019 TTM   92.6% $1,119,164 $447,260 $671,904   $34,661 $0 $637,243     N/A
Property   9.04 Ridge Park Apartments $408,845 $602,157 8/31/2019 TTM   93.0% $1,027,798 $409,262 $618,536   $29,041 $0 $589,495     N/A
Property   9.05 Inverness Apartments $327,048 $533,251 8/31/2019 TTM   94.4% $874,239 $324,986 $549,253   $29,042 $0 $520,211     N/A
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio $2,235,415 $3,633,329 Various 7.2% 98.0% $5,996,252 $2,046,135 $3,950,116 7.8% $94,002 $0 $3,856,115 7.7%    
Property   10.01 1460 Macombs Road $858,730 $1,006,996 7/31/2019 TTM   98.0% $1,871,591 $749,800 $1,121,792   $27,250 $0 $1,094,542     N/A
Property   10.02 984 Sheridan Avenue $384,383 $860,131 7/31/2019 TTM   98.0% $1,235,141 $400,055 $835,086   $19,500 $0 $815,586     N/A
Property   10.03 901 Walton Avenue $340,538 $759,046 7/31/2019 TTM   98.0% $1,175,352 $360,587 $814,765   $15,750 $0 $799,015     N/A
Property   10.04 2 Minerva Place $253,244 $574,507 7/31/2019 TTM   98.0% $863,175 $226,758 $636,417   $17,002 $0 $619,415     N/A
Property   10.05 4040 Bronx Boulevard $398,520 $432,649 8/31/2019 TTM   98.0% $850,993 $308,936 $542,057   $14,500 $0 $527,557     N/A
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio $2,461,099 $3,913,699 9/30/2019 TTM 9.9% 90.0% $6,487,912 $2,266,072 $4,221,840 10.6% $85,810 $0 $4,136,030 10.4%    
Property   11.01 Stockbridge, GA $361,466 $781,595 9/30/2019 TTM   88.7% $1,162,356 $328,205 $834,151   $15,794 $0 $818,358     N/A
Property   11.02 Lithonia, GA $384,215 $773,184 9/30/2019 TTM   91.1% $1,205,028 $350,402 $854,626   $13,159 $0 $841,467     N/A
Property   11.03 Atlanta, GA $313,307 $461,259 9/30/2019 TTM   88.2% $765,718 $289,071 $476,647   $8,972 $0 $467,676     N/A
Property   11.04 Stone Mountain, GA $362,242 $419,938 9/30/2019 TTM   94.9% $824,161 $338,862 $485,300   $11,367 $0 $473,933     N/A
Property   11.05 Decatur, GA $312,709 $449,629 9/30/2019 TTM   86.2% $756,711 $289,226 $467,485   $10,666 $0 $456,819     N/A
Property   11.06 Lithia Springs, GA $223,815 $356,457 9/30/2019 TTM   92.6% $594,178 $205,302 $388,876   $9,086 $0 $379,790     N/A
Property   11.07 Roswell, GA $274,762 $334,736 9/30/2019 TTM   87.7% $611,687 $255,785 $355,902   $9,340 $0 $346,563     N/A
Property   11.08 Norcross, GA $228,583 $336,901 9/30/2019 TTM   91.1% $568,073 $209,220 $358,852   $7,427 $0 $351,425     N/A
Loan   12 Mosby Ingleside $1,932,658 $2,359,322 8/31/2019 TTM 6.6% 95.0% $4,753,222 $1,973,605 $2,779,617 7.7% $62,400 $0 $2,717,217 7.5%   N/A
Loan 5, 6 13 Sacramento Office Portfolio $4,050,765 $4,846,759 8/31/2019 TTM 9.8% 86.0% $9,601,650 $4,073,557 $5,528,093 11.2% $97,420 $411,943 $5,018,730 10.2%    
Property   13.01 Royal Oaks Campus $1,916,941 $2,140,111 8/31/2019 TTM   78.2% $4,563,869 $1,935,555 $2,628,314   $50,587 $213,910 $2,363,817     Dept. Financial Info System for CA
Property   13.02 Lennane Campus $1,480,782 $1,745,991 8/31/2019 TTM   99.9% $3,419,290 $1,488,397 $1,930,893   $31,394 $132,750 $1,766,749     Dept. Public Health - WIC, State of CA
Property   13.03 West Sacramento Campus $653,042 $960,657 8/31/2019 TTM   100.0% $1,618,491 $649,605 $968,886   $15,439 $65,283 $888,164     Dept. of Water Resources
Loan   14 Plaza Pacoima $388,581 $3,137,609 8/31/2019 TTM 10.1% 95.0% $3,569,520 $479,261 $3,090,259 9.9% $9,800 $60,798 $3,019,662 9.7%   Costco
Loan 15 15 El Mercado Shopping Center $1,377,619 $2,524,765 8/31/2019 TTM 9.0% 95.0% $3,934,992 $1,411,039 $2,523,953 9.0% $32,750 $128,818 $2,362,384 8.4%   Marina Grocery
Loan   16 Riverview Shopping Center $892,775 $2,907,105 7/31/2019 TTM 11.5% 95.0% $3,795,133 $937,634 $2,857,499 11.3% $27,728 $223,866 $2,605,905 10.3%   El Super
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio $4,564,137 $15,326,804 6/30/2019 TTM 13.1% 93.0% $18,775,073 $5,244,284 $13,530,789 11.6% $195,616 $440,402 $12,894,771 11.0%    
Property   17.01 Lakeline Plaza $1,595,856 $4,587,093 6/30/2019 TTM   94.8% $6,037,587 $1,643,200 $4,394,388   $23,195 $211,981 $4,159,212     Best Buy
Property   17.02 Forest Plaza $1,459,034 $4,274,224 6/30/2019 TTM   91.4% $5,376,554 $1,703,493 $3,673,061   $59,316 $63,328 $3,550,418     Kohl’s
Property   17.03 White Oaks Plaza $839,093 $4,684,190 6/30/2019 TTM   94.2% $4,745,206 $1,121,134 $3,624,071   $59,347 $108,011 $3,456,713     Kohl’s
Property   17.04 Muncie Towne Plaza $466,506 $1,493,307 6/30/2019 TTM   87.5% $1,950,626 $542,490 $1,408,136   $41,061 $37,002 $1,330,073     Kohl’s
Property   17.05 Lakeline Village $203,649 $287,990 6/30/2019 TTM   100.0% $665,100 $233,968 $431,132   $12,697 $20,079 $398,357     Jumpstreet
Loan   18 Woodland Falls $2,396,112 $1,960,804 8/31/2019 TTM 7.9% 94.7% $5,302,129 $2,461,723 $2,840,406 11.5% $63,302 $273,587 $2,503,517 10.1%   PNC Bank, National Association
Loan   19 The Shops at Stony Creek $615,913 $1,244,905 8/31/2019 TTM 5.4% 91.5% $2,861,695 $820,959 $2,040,737 8.8% $11,494 $100,067 $1,929,175 8.3%   La Fitness
Loan 16 20 Embassy Suites Richmond $6,359,165 $3,472,211 9/30/2019 TTM 15.8% 68.9% $9,831,376 $6,366,393 $3,464,983 15.7% $393,255 $0 $3,071,728 14.0%   N/A
Loan   21 Holiday Inn - Charlotte Airport $4,991,677 $2,717,456 6/30/2019 TTM 13.0% 79.6% $7,709,133 $5,049,396 $2,659,737 12.7% $308,365 $0 $2,351,372 11.2%   N/A
Loan   22 Cypress Pointe $1,043,178 $1,220,091 6/30/2019 TTM 7.0% 95.0% $2,834,722 $1,072,747 $1,761,975 10.1% $25,957 $77,479 $1,658,540 9.5%   Kroger
Loan   23 American Airlines $307,529 $1,413,927 12/31/2018 9.1% 95.0% $2,260,603 $801,910 $1,458,693 9.4% $132,537 $0 $1,326,156 8.6%   American Airlines Group Inc. Reservations Center
Loan 12 24 950 Iron Point Road $653,318 $655,861 7/31/2019 T-7 Ann. 4.3% 97.4% $2,424,610 $823,672 $1,600,938 10.5% $25,690 $163,038 $1,412,211 9.3%   Allstate Insurance Company
Loan   25 Cedar Village MHC $904,098 $1,406,889 8/31/2019 TTM 9.3% 95.0% $2,273,779 $996,881 $1,276,898 8.4% $11,950 $0 $1,264,948 8.4%   N/A
Loan   26 Arabian Gardens MHC $1,155,683 $1,419,536 8/31/2019 TTM 9.5% 95.0% $2,525,805 $1,238,435 $1,287,370 8.6% $12,400 $0 $1,274,970 8.5%   N/A
Loan 6 27 1 Plaza La Prensa & Sena Plaza N/A N/A N/A N/A 95.0% $2,006,758 $675,015 $1,331,743 9.6% $41,970 $79,865 $1,209,908 8.7%    
Property   27.01 1 Plaza La Prensa N/A N/A N/A   95.0% $1,209,397 $372,767 $836,630   $39,190 $56,442 $740,998     State of New Mexico Human Services Department
Property   27.02 Sena Plaza $304,684 $520,477 6/30/2019 TTM   95.0% $797,361 $302,248 $495,113   $2,780 $23,423 $468,910     La Casa Sena
Loan   28 Home2 Suites - Grovetown $2,243,523 $1,427,683 8/31/2019 TTM 11.4% 73.1% $3,671,206 $2,148,036 $1,523,170 12.2% $146,848 $0 $1,376,322 11.0%   N/A
Loan   29 2700 Patriot Boulevard $1,672,392 $1,735,890 6/15/2019 T-6 Ann. 14.7% 90.0% $3,405,919 $1,728,208 $1,677,711 14.2% $29,089 $147,257 $1,501,364 12.7%   SurePayroll
Loan   30 82-17 153rd Avenue Retail $1,210,680 $1,638,527 8/31/2019 TTM 14.5% 95.0% $2,590,835 $1,086,415 $1,504,420 13.3% $11,630 $43,332 $1,449,458 12.8%   Keyfood
Loan   31 Bloom 24 Apartments $522,858 $951,489 8/31/2019 TTM 8.5% 93.6% $1,474,347 $544,682 $929,665 8.3% $28,500 $0 $901,165 8.1%   N/A
Loan   32 The Quin N/A N/A N/A N/A 95.0% $1,315,862 $432,225 $883,637 8.5% $17,500 $0 $866,137 8.3%   N/A
Loan   33 Save Mart Center $248,542 $670,810 6/30/2019 TTM 7.0% 95.0% $1,179,001 $346,218 $832,783 8.7% $9,174 $45,870 $777,739 8.1%   Save Mart
Loan   34 Plaza de Cicero $571,363 $1,016,375 9/30/2019 TTM 11.0% 90.0% $1,633,714 $563,284 $1,070,430 11.6% $13,112 $35,121 $1,022,197 11.1%   Access Community Health
Loan   35 Oxnard Port Place Shoppes N/A N/A N/A N/A 95.0% $1,191,693 $300,290 $891,404 9.9% $6,722 $66,212 $818,470 9.1%   Fuji Buffet
Loan   36 Meadow Ridge Apartments $446,888 $647,293 9/30/2019 TTM 8.1% 95.0% $1,223,629 $436,818 $786,811 9.8% $36,641 $0 $750,171 9.4%   N/A
Loan   37 StoreRight Self Storage – Vero Beach $269,097 $530,236 9/30/2019 TTM 8.1% 90.1% $886,993 $250,776 $636,218 9.7% $6,422 $0 $629,795 9.6%   N/A
Loan   38 1609 Alton Road $198,007 $491,538 8/31/2019 TTM 7.9% 95.0% $754,808 $238,103 $516,705 8.3% $1,682 $29,382 $485,641 7.8%   AIDS Healthcare Foundation
Loan 12 39 Hampton Inn - Sanford $1,074,356 $867,633 8/31/2019 TTM 14.5% 52.2% $1,941,989 $1,114,839 $827,150 13.8% $77,680 $0 $749,470 12.5%   N/A
Loan   40 LA Fitness Cedar Park N/A N/A N/A N/A 95.0% $879,022 $270,131 $608,890 11.0% $5,100 $37,400 $566,390 10.2%   LA Fitness
Loan   41 Westport Bakersfield Self Storage $188,652 $561,437 9/30/2019 TTM 10.4% 85.2% $861,915 $309,563 $552,352 10.2% $17,789 $0 $534,563 9.9%   N/A
Loan   42 50 Catoctin Circle $430,716 $571,390 6/30/2019 TTM 11.2% 95.0% $1,096,193 $442,403 $653,790 12.8% $10,625 $37,946 $605,219 11.8%   Leesburg Ventures, LLC
Loan 17 43 Brookfield Junction Apartments $250,661 $507,274 9/30/2019 TTM 10.1% 95.0% $769,564 $277,658 $491,906 9.8% $15,150 $6,890 $469,865 9.4%   N/A
Loan   44 Super Storage $194,603 $307,723 8/31/2019 T-8 Ann. 8.7% 91.2% $508,889 $205,990 $302,898 8.6% $4,036 $0 $298,863 8.5%   N/A
Loan   45 Walgreens West Valley UT N/A N/A N/A N/A 95.0% $480,054 $141,840 $338,214 10.1% $2,257 -$74 $336,031 10.0%   Walgreens
Loan 6, 7 46 City Storage $205,333 $299,601 9/30/2019 TTM 9.4% 86.3% $521,197 $201,013 $320,184 10.0% $6,156 $0 $314,028 9.8%    
Property   46.01 City Storage - North $119,089 $159,801 9/30/2019 TTM   80.7% $288,053 $115,739 $172,314   $3,488 $0 $168,826     N/A
Property   46.02 City Storage - South $86,244 $139,800 9/30/2019 TTM   94.3% $233,144 $85,274 $147,869   $2,667 $0 $145,202     N/A
Loan   47 Bank of America Jackson Heights $210,469 $586,222 12/31/2018 19.5% 95.0% $805,051 $251,819 $553,232 18.4% $900 $25,560 $526,772 17.6%   Bank of America
                                     

A-1-7

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                               
                               
Property
Flag
Footnotes Loan ID Property Name Largest
Tenant Lease
Expiration(4)
Largest
Tenant NSF
Largest
Tenant
% of NSF
  2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(4)
2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
  3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration(4)
3rd Largest
Tenant NSF
Loan 5, 9 1 Century Plaza Towers 24,785 SF (6/30/2022); 17,833 SF (9/30/2024); 106,890 SF (9/30/2029) 149,508 6.2%   Manatt Phelps 4/30/2035 116,366 4.8%   JPMorgan 8/31/2021 97,726
Loan 5, 7 2 Jackson Park N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan 5, 12, 13 3 Park Tower at Transbay 269,814 SF expiring 2/28/2033; 486,100 SF expiring 2/28/2034 755,914 98.9%   N/A N/A N/A N/A   N/A N/A N/A
Loan 5, 6, 7 4 ILPT Industrial Portfolio                        
Property   4.01 1800 Union Airpark Boulevard 10/31/2024 1,791,246 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.02 4237-4255 Anson Boulevard 4/30/2021 1,036,573 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.03 5000 Commerce Way 9/30/2027 1,016,065 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.04 5142 & 5148 North Hanley Road 10/31/2038 430,986 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.05 945 Monument Drive 5/31/2024 962,500 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.06 2801 Airwest Boulevard 1/31/2024 804,586 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.07 20 Logistics Boulevard 10/31/2021 603,586 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.08 5500 Southeast Delaware Avenue 10/31/2034 644,104 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.09 2150 Stanley Road 9/30/2028 320,070 64.9%   M D Logistics, Inc. 6/30/2027 173,430 35.1%   N/A N/A N/A
Property   4.10 16101 Queens Court 1/31/2031 220,800 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   4.11 5 Logistics Drive 3/31/2025 205,090 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan 5, 7 5 360 North Crescent Drive 9/30/2034 123,848 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan 8, 10 6 Norwalk Government Center 10/31/2026 98,840 21.9%   Accenture, LLP 4/30/2024 59,396 13.2%   County of LA DPSS 10/31/2026 58,642
Loan 6 7 ExchangeRight Net Leased Portfolio #30                        
Property   7.01 Giant Eagle - Homestead (Waterfront), PA 5/31/2030 82,639 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.02 Hobby Lobby - Pearland (Pearland), TX 5/31/2034 55,000 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.03 Walgreens - New Berlin (Moorland), WI 9/30/2029 14,490 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.04 Walgreens - Flourtown (Bethlehem), PA 2/28/2030 14,820 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI 12/31/2029 15,120 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA 11/30/2031 8,497 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.07 Tractor Supply - Canton (Cherokee), GA 9/30/2034 23,627 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.08 Walgreens - Sheboygan (14th), WI 9/30/2029 15,120 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA 12/31/2034 19,097 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.10 Tractor Supply - Hammond (Highway 190), LA 3/31/2034 19,097 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.11 Tractor Supply - Canton (Michigan), MI 6/28/2034 15,000 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.12 Walgreens - Waukesha (Moreland), WI 9/30/2029 13,905 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.13 AutoZone - Chicago (Cicero), IL 2/28/2029 6,786 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.14 Dollar General - Mandeville (LA-59), LA 4/30/2031 10,566 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.15 Dollar General - Stockbrige (Fairview), GA 10/31/2033 9,100 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.16 Dollar General - Copperas Cove (1st Street), TX 9/2/2030 10,566 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.17 Dollar General - Lafayette (Ambassador), LA 4/30/2031 9,026 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.18 Dollar General - Baton Rouge (Florida), LA 7/31/2032 7,489 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.19 Dollar General - Altoona (Temple), PA 11/30/2032 9,100 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.20 Dollar General - San Angelo (South Bell), TX 12/31/2030 9,026 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Property   7.21 Dollar General - Baton Rouge (Harrells), LA 4/30/2031 7,489 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan   8 1000 South Broadway Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio                        
Property   9.01 Countryside Village Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   9.02 93 Twenty Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   9.03 Charleston Crossing Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   9.04 Ridge Park Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   9.05 Inverness Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio                        
Property   10.01 1460 Macombs Road N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   10.02 984 Sheridan Avenue N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   10.03 901 Walton Avenue N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   10.04 2 Minerva Place N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   10.05 4040 Bronx Boulevard N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio                        
Property   11.01 Stockbridge, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.02 Lithonia, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.03 Atlanta, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.04 Stone Mountain, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.05 Decatur, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.06 Lithia Springs, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.07 Roswell, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   11.08 Norcross, GA N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   12 Mosby Ingleside N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan 5, 6 13 Sacramento Office Portfolio                        
Property   13.01 Royal Oaks Campus 8,150 SF expiring 7/31/2020; 77,987 SF expiring 4/30/2021; 20,995 SF expiring 7/31/2023 107,132 41.6%   Dept. of Consumer Affairs State of CA 2/29/2028 92,599 35.9%   N/A N/A N/A
Property   13.02 Lennane Campus 10/31/2023 59,224 37.0%   Dept. Public Health Vital Records CA 3/31/2024 42,293 26.4%   Dept. Alcohol Beverage Control CA 39,666 SF expiring 7/31/2031; 865 SF expiring 9/30/2023 40,531
Property   13.03 West Sacramento Campus 12/31/2023 78,681 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan   14 Plaza Pacoima 3/31/2030 154,743 76.0%   Best Buy 1/31/2021 45,000 22.1%   Subway 2/29/2020 1,500
Loan 15 15 El Mercado Shopping Center 9/30/2031 30,000 27.5%   Daiso Japan 4/30/2022 17,700 16.2%   Mayflower Seafood 5/31/2024 7,353
Loan   16 Riverview Shopping Center 10/14/2023 37,960 27.4%   Ross Stores 1/31/2024 27,500 19.8%   Closet 21 10/31/2020 9,227
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio                        
Property   17.01 Lakeline Plaza 1/31/2025 45,416 14.5%   Bed Bath & Beyond 1/31/2023 34,361 11.0%   Ross Dress for Less 1/31/2024 30,187
Property   17.02 Forest Plaza 1/30/2021 106,091 24.5%   Overstock Furniture & Mattress 11/30/2020 65,262 15.0%   Bed Bath & Beyond 9/30/2021 35,800
Property   17.03 White Oaks Plaza 1/31/2023 97,245 29.3%   Big Lots 1/31/2022 45,177 13.6%   TJ Maxx 1/31/2022 25,000
Property   17.04 Muncie Towne Plaza 2/3/2024 80,654 47.0%   TJ Maxx 1/31/2023 29,352 17.1%   Ulta 9/30/2023 13,090
Property   17.05 Lakeline Village 6/30/2021 32,212 76.3%   Champion Performance Physical Therapy 9/30/2021 5,800 13.7%   Jazzercise 12/31/2023 4,200
Loan   18 Woodland Falls 10/30/2028 28,095 12.9%   Weitz & Luxenberg, P.C. 12/31/2023 18,155 8.3%   Corcentric, LLC 7/31/2029 16,830
Loan   19 The Shops at Stony Creek 3/31/2034 34,000 29.6%   TJ Maxx 11/30/2026 22,000 19.2%   Petco 5/31/2027 12,600
Loan 16 20 Embassy Suites Richmond N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   21 Holiday Inn - Charlotte Airport N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   22 Cypress Pointe 8/31/2023 59,334 34.3%   Goodwill Select Store and Donation Center 3/31/2021 25,000 14.4%   dd’s Discounts 1/31/2025 23,174
Loan   23 American Airlines 3/31/2030 101,555 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan 12 24 950 Iron Point Road 10/17/2024 18,001 17.5%   Mountain F Enterprises 10/2/2034 14,973 14.6%   Crawford & Co. 5/31/2023 14,560
Loan   25 Cedar Village MHC N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   26 Arabian Gardens MHC N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan 6 27 1 Plaza La Prensa & Sena Plaza                        
Property   27.01 1 Plaza La Prensa 6/30/2029 46,976 89.9%   N/A N/A N/A N/A   N/A N/A N/A
Property   27.02 Sena Plaza 5/31/2034 10,809 46.7%   Goler Shoes 3/31/2024 1,852 8.0%   Hillary Randolph 10/1/2022 1,362
Loan   28 Home2 Suites - Grovetown N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   29 2700 Patriot Boulevard 7/31/2022 25,437 22.0%   Regus 12/31/2024 16,032 13.9%   Weiss & Company, LLP 11/30/2023 13,801
Loan   30 82-17 153rd Avenue Retail 3/31/2043 26,170 44.6%   JP Morgan Chase 5/31/2024 3,940 6.7%   La Villa Restaurant 8/31/2020 2,904
Loan   31 Bloom 24 Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   32 The Quin N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   33 Save Mart Center 284 SF expiring 7/31/2025; 52,500 SF expiring 3/31/2037 52,784 57.5%   Ross Dress for Less 1/31/2029 32,883 35.8%   Golden Bear 7/31/2025 4,130
Loan   34 Plaza de Cicero 2/28/2029 14,536 31.0%   Fresenius 1/8/2023 8,000 17.1%   Image Dental 5/31/2027 3,200
Loan   35 Oxnard Port Place Shoppes 8/31/2024 10,521 31.3%   Phenix Salon 7/31/2034 6,000 17.9%   Queen Wash 6/30/2029 4,400
Loan   36 Meadow Ridge Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   37 StoreRight Self Storage – Vero Beach N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   38 1609 Alton Road 7/31/2026 4,200 47.5%   Sky Nails 9/25/2025 2,650 29.9%   Sobe Liquors 10/31/2022 2,000
Loan 12 39 Hampton Inn - Sanford N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   40 LA Fitness Cedar Park 12/31/2034 34,000 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan   41 Westport Bakersfield Self Storage N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   42 50 Catoctin Circle 5/31/2027 6,589 17.4%   Tim Regan & Dean Lake 3/31/2021 5,720 15.1%    Atwill, Troxell & Leigh, PC 2/28/2024 4,892
Loan 17 43 Brookfield Junction Apartments N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   44 Super Storage N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   45 Walgreens West Valley UT 8/31/2030 15,048 100.0%   N/A N/A N/A N/A   N/A N/A N/A
Loan 6, 7 46 City Storage                        
Property   46.01 City Storage - North N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Property   46.02 City Storage - South N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A
Loan   47 Bank of America Jackson Heights 7/31/2023 6,000 100.0%   N/A N/A N/A N/A   N/A N/A N/A
                               

A-1-8

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                         
                                         
Property
Flag
Footnotes Loan ID Property Name 3rd Largest
Tenant
% of NSF
  4th Largest Tenant 4th Largest
Tenant Lease
Expiration(4)
4th Largest
Tenant NSF
4th Largest
Tenant
% of NSF
  5th Largest Tenant 5th Largest
Tenant Lease
Expiration(4)
5th Largest
Tenant NSF
5th Largest
Tenant
% of NSF
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap
Upfront TI/LC
 Reserves
Monthly TI/LC
Reserves
Loan 5, 9 1 Century Plaza Towers 4.1%   Kirkland & Ellis 12/31/2034 85,664 3.6%   Greenberg Glusker 2/28/2035 83,199 3.5%   $0 $0 $0 $0 $0
Loan 5, 7 2 Jackson Park N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan 5, 12, 13 3 Park Tower at Transbay N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $80,198,366 $0
Loan 5, 6, 7 4 ILPT Industrial Portfolio                         $0 $0 $0 $0 $0
Property   4.01 1800 Union Airpark Boulevard N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.02 4237-4255 Anson Boulevard N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.03 5000 Commerce Way N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.04 5142 & 5148 North Hanley Road N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.05 945 Monument Drive N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.06 2801 Airwest Boulevard N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.07 20 Logistics Boulevard N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.08 5500 Southeast Delaware Avenue N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.09 2150 Stanley Road N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.10 16101 Queens Court N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   4.11 5 Logistics Drive N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan 5, 7 5 360 North Crescent Drive N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $600,000 $0 $0 $0 $0
Loan 8, 10 6 Norwalk Government Center 13.0%   USA - GSA/FBI 1/19/2028 42,803 9.5%   County of LA Children’s & Family 4/30/2020 40,795 9.0%   $0 $13,163 $595,490 $4,000,000 $47,027
Loan 6 7 ExchangeRight Net Leased Portfolio #30                         $440,000 $1,733 $0 $500,000 $0
Property   7.01 Giant Eagle - Homestead (Waterfront), PA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.02 Hobby Lobby - Pearland (Pearland), TX N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.03 Walgreens - New Berlin (Moorland), WI N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.04 Walgreens - Flourtown (Bethlehem), PA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.07 Tractor Supply - Canton (Cherokee), GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.08 Walgreens - Sheboygan (14th), WI N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.10 Tractor Supply - Hammond (Highway 190), LA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.11 Tractor Supply - Canton (Michigan), MI N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.12 Walgreens - Waukesha (Moreland), WI N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.13 AutoZone - Chicago (Cicero), IL N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.14 Dollar General - Mandeville (LA-59), LA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.15 Dollar General - Stockbrige (Fairview), GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.16 Dollar General - Copperas Cove (1st Street), TX N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.17 Dollar General - Lafayette (Ambassador), LA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.18 Dollar General - Baton Rouge (Florida), LA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.19 Dollar General - Altoona (Temple), PA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.20 Dollar General - San Angelo (South Bell), TX N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   7.21 Dollar General - Baton Rouge (Harrells), LA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   8 1000 South Broadway Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $5,417 $130,000 $0 $0
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio                         $1,000,000 $20,626 $0 $0 $0
Property   9.01 Countryside Village Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   9.02 93 Twenty Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   9.03 Charleston Crossing Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   9.04 Ridge Park Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   9.05 Inverness Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio                         $0 $7,834 $0 $0 $0
Property   10.01 1460 Macombs Road N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   10.02 984 Sheridan Avenue N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   10.03 901 Walton Avenue N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   10.04 2 Minerva Place N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   10.05 4040 Bronx Boulevard N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio                         $0 $4,767 $114,404 $0 $0
Property   11.01 Stockbridge, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.02 Lithonia, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.03 Atlanta, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.04 Stone Mountain, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.05 Decatur, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.06 Lithia Springs, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.07 Roswell, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   11.08 Norcross, GA N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   12 Mosby Ingleside N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $6,500 $0 $0 $0
Loan 5, 6 13 Sacramento Office Portfolio                         $0 $7,375 $0 $3,000,000 $0
Property   13.01 Royal Oaks Campus N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   13.02 Lennane Campus 25.3%   Dept. Public Health - L&C St of CA 1/31/2025 13,040 8.1%   Dept. Public Health - Food & Drug CA 11/30/2024 4,907 3.1%            
Property   13.03 West Sacramento Campus N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   14 Plaza Pacoima 0.7%   Panda Express 3/31/2021 1,500 0.7%   Jamba Juice 7/31/2029 1,000 0.5%   $0 $0 $19,600 $0 $0
Loan 15 15 El Mercado Shopping Center 6.7%   O’Reily Auto Parts 4/30/2021 6,748 6.2%   Wells Fargo Bank (GL) 4/30/2025 5,470 5.0%   $0 $2,729 $65,501 $0 $13,191
Loan   16 Riverview Shopping Center 6.7%   Intimate Basics 2/28/2021 7,689 5.5%   Fashion Q 1/31/2022 7,316 5.3%   $0 $0 $0 $250,000 $10,000
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio                         $0 $16,160 $0 $6,000,000 $64,638
Property   17.01 Lakeline Plaza 9.6%   TJ Maxx 4/30/2026 29,526 9.4%   Petsmart 1/31/2020 26,374 8.4%            
Property   17.02 Forest Plaza 8.3%   Marshalls 1/31/2023 24,900 5.7%   Office Max 10/31/2021 24,470 5.6%            
Property   17.03 White Oaks Plaza 7.5%   Homegoods 7/31/2028 23,800 7.2%   Overstock Furniture & Mattress 2/29/2020 21,500 6.5%            
Property   17.04 Muncie Towne Plaza 7.6%   Shoe Carnival 1/31/2022 11,964 7.0%   Maurices 1/31/2021 5,200 3.0%            
Property   17.05 Lakeline Village 9.9%   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   18 Woodland Falls 7.7%   Ballard Spahr, LLP 3/31/2021 16,767 7.7%   1st. Colonial Community Bank 11/30/2022 16,058 7.4%   $0 $3,638 $130,970 $0 $22,737.81 (for years 1-7); $40,928.06 (for years 8-10)
Loan   19 The Shops at Stony Creek 11.0%   Ulta 11/30/2026 10,184 8.9%   Five Below, Inc. 8/31/2022 8,500 7.4%   $0 $1,916 $0 $0 $9,583
Loan 16 20 Embassy Suites Richmond N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan   21 Holiday Inn - Charlotte Airport N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $25,697 $0 $0 $0
Loan   22 Cypress Pointe 13.4%   Ross Dress for Less 9/30/2029 22,000 12.7%   Five Below 1/31/2030 8,840 5.1%   $0 $2,167 $0 $350,000 $0
Loan   23 American Airlines N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $846 $0 $0 $10,199
Loan 12 24 950 Iron Point Road 14.2%   Care Innovations 9/22/2022 14,302 13.9%   Mountain G Enterprises 10/2/2034 13,621 13.3%   $530,803 $2,141 $0 $0 $12,845
Loan   25 Cedar Village MHC N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan   26 Arabian Gardens MHC N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $2,877 (for the first 36 payments) $0 $0 $0
Loan 6 27 1 Plaza La Prensa & Sena Plaza                         $0 $3,520 $0 $0 $9,428
Property   27.01 1 Plaza La Prensa N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   27.02 Sena Plaza 5.9%   Mohamed Altheyab 10/31/2020 954 4.1%   Todos Santos Chocolates 12/31/2019 698 3.0%            
Loan   28 Home2 Suites - Grovetown N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $11,994 $0 $0 $0
Loan   29 2700 Patriot Boulevard 11.9%   Teletrac Navman 11/30/2020 12,690 11.0%   Morgan Stanley Wealth Management 8/31/2023 6,296 5.4%   $0 $2,424 $0 $1,000,000 $0
Loan   30 82-17 153rd Avenue Retail 5.0%   T.J. Michaels/Pharmacy 12/31/2023 2,500 4.3%   GNG Wine & Liquor 3/31/2022 2,000 3.4%   $0 $969 $0 $100,000 $0
Loan   31 Bloom 24 Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $2,375 $0 $0 $0
Loan   32 The Quin N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,458 $0 $0 $0
Loan   33 Save Mart Center 4.5%   Sprint 7/31/2024 1,500 1.6%   N/A N/A N/A N/A   $0 $1,529 $36,696 $0 $3,899
Loan   34 Plaza de Cicero 6.8%   Cicero Liquor Store 10/31/2020 2,400 5.1%   T-Mobile 3/31/2021 2,200 4.7%   $0 $1,093 $0 $0 $7,083
Loan   35 Oxnard Port Place Shoppes 13.1%   Pacific Dental 6/30/2029 2,824 8.4%   USA Nails & Spa 8/31/2024 2,757 8.2%   $0 $560 $13,444 $0 $3,501
Loan   36 Meadow Ridge Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $3,058 $0 $0 $0
Loan   37 StoreRight Self Storage – Vero Beach N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $803 $0 $0 $0
Loan   38 1609 Alton Road 22.6%   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $140 $5,045 $0 $0
Loan 12 39 Hampton Inn - Sanford N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $4,363 $388,500 $0 $0
Loan   40 LA Fitness Cedar Park N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $425 $0 $0 $0
Loan   41 Westport Bakersfield Self Storage N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,482 $53,368 $0 $0
Loan   42 50 Catoctin Circle 12.9%   Christopher Consultants 1/31/2024 4,763 12.6%    Bank of America        7/31/2022 3,133 8.3%   $0 $0 $0 $0 $0
Loan 17 43 Brookfield Junction Apartments N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,187 $0 $0 $766
Loan   44 Super Storage N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $504 $12,096 $0 $0
Loan   45 Walgreens West Valley UT N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $0 $0
Loan 6, 7 46 City Storage                         $0 $509 $0 $0 $0
Property   46.01 City Storage - North N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Property   46.02 City Storage - South N/A   N/A N/A N/A N/A   N/A N/A N/A N/A            
Loan   47 Bank of America Jackson Heights N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0 $150,000 $0
                                         

A-1-9

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                 
                                 
Property
Flag
Footnotes Loan ID Property Name TI/LC
Reserve Cap
Upfront Tax
 Reserves
Monthly Tax
 Reserves
Upfront
Insurance Reserves
Monthly
Insurance
Reserves
Upfront
Deferred Maint.
Reserve
Initial Other
Reserves
Ongoing Other
Reserves
Other Reserves Description   Appraisal
Report Date
Environmental
Phase I
Report Date
Environmental
Phase II
Report Date
Loan 5, 9 1 Century Plaza Towers $0 $0 $0 $0 $0 $0 $100,769,680 $0 Rollover Funds; Free Rent Funds   10/10/2019 10/15/2019 N/A
Loan 5, 7 2 Jackson Park $0 $0 $0 $0 $0 $0 $0 $0 N/A   9/24/2019 8/22/2019 N/A
Loan 5, 12, 13 3 Park Tower at Transbay $0 $0 $0 $0 $0 $4,412,926 $5,528,653 $0 Regulatory Fees Reserve   7/3/2019 6/10/2019 N/A
Loan 5, 6, 7 4 ILPT Industrial Portfolio $0 $0 $0 $0 $0 $0 $6,134,904 $0 Toro Expansion Reserve        
Property   4.01 1800 Union Airpark Boulevard                     9/5/2019 7/23/2019 N/A
Property   4.02 4237-4255 Anson Boulevard                     9/3/2019 7/23/2019 N/A
Property   4.03 5000 Commerce Way                     9/2/2019 7/26/2019 N/A
Property   4.04 5142 & 5148 North Hanley Road                     9/3/2019 7/23/2019 N/A
Property   4.05 945 Monument Drive                     9/3/2019 7/23/2019 N/A
Property   4.06 2801 Airwest Boulevard                     9/3/2019 7/23/2019 N/A
Property   4.07 20 Logistics Boulevard                     9/5/2019 7/23/2019 N/A
Property   4.08 5500 Southeast Delaware Avenue                     9/3/2019 7/30/2019 N/A
Property   4.09 2150 Stanley Road                     9/3/2019 7/23/2019 N/A
Property   4.10 16101 Queens Court                     8/31/2019 7/23/2019 N/A
Property   4.11 5 Logistics Drive                     9/5/2019 7/23/2019 N/A
Loan 5, 7 5 360 North Crescent Drive $0 $69,628 $69,628 $0 $0 $0 $0 $0 N/A   9/24/2019 9/11/2019 N/A
Loan 8, 10 6 Norwalk Government Center $2,750,000 $164,570 $82,885 $104,588 $9,508 $0 $10,617,104 $0 Energy Retrofit Reserve; Economic Holdback Reserve; Existing TI/LC Reserve   8/27/2019 3/7/2019 N/A
Loan 6 7 ExchangeRight Net Leased Portfolio #30 $0 $486,679 $40,556.61 (Starting December 2020) $0 $0 $119,183 $264,651 $0 Environmental Remediation Reserve        
Property   7.01 Giant Eagle - Homestead (Waterfront), PA                     10/22/2019 9/27/2019 N/A
Property   7.02 Hobby Lobby - Pearland (Pearland), TX                     10/2/2019 7/31/2019 N/A
Property   7.03 Walgreens - New Berlin (Moorland), WI                     10/18/2019 9/27/2019 N/A
Property   7.04 Walgreens - Flourtown (Bethlehem), PA                     10/17/2019 9/26/2019 N/A
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI                     10/7/2019 10/2/2019 N/A
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA                     10/16/2019 10/7/2019 N/A
Property   7.07 Tractor Supply - Canton (Cherokee), GA                     10/16/2019 9/27/2019 N/A
Property   7.08 Walgreens - Sheboygan (14th), WI                     10/3/2019 9/26/2019 N/A
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA                     10/2/2019 9/27/2019 N/A
Property   7.10 Tractor Supply - Hammond (Highway 190), LA                     10/16/2019 9/25/2019 N/A
Property   7.11 Tractor Supply - Canton (Michigan), MI                     10/1/2019 10/3/2019 N/A
Property   7.12 Walgreens - Waukesha (Moreland), WI                     10/17/2019 9/30/2019 N/A
Property   7.13 AutoZone - Chicago (Cicero), IL                     10/1/2019 8/16/2019 N/A
Property   7.14 Dollar General - Mandeville (LA-59), LA                     10/2/2019 9/18/2019 N/A
Property   7.15 Dollar General - Stockbrige (Fairview), GA                     10/8/2019 10/2/2019 N/A
Property   7.16 Dollar General - Copperas Cove (1st Street), TX                     10/2/2019 9/27/2019 N/A
Property   7.17 Dollar General - Lafayette (Ambassador), LA                     10/2/2019 9/19/2019 N/A
Property   7.18 Dollar General - Baton Rouge (Florida), LA                     10/2/2019 9/19/2019 N/A
Property   7.19 Dollar General - Altoona (Temple), PA                     10/1/2019 9/18/2019 N/A
Property   7.20 Dollar General - San Angelo (South Bell), TX                     9/30/2019 9/19/2019 N/A
Property   7.21 Dollar General - Baton Rouge (Harrells), LA                     10/4/2019 9/18/2019 N/A
Loan   8 1000 South Broadway Apartments $0 $218,502 $36,417 $0 $0 $0 $0 $0 N/A   10/15/2019 9/4/2019 N/A
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio $0 $502,532 $41,878 $0 $0 $82,283 $0 $0 N/A        
Property   9.01 Countryside Village Apartments                     10/8/2019 7/17/2019 N/A
Property   9.02 93 Twenty Apartments                     10/2/2019 7/17/2019 N/A
Property   9.03 Charleston Crossing Apartments                     10/2/2019 7/17/2019 N/A
Property   9.04 Ridge Park Apartments                     10/2/2019 7/17/2019 N/A
Property   9.05 Inverness Apartments                     10/2/2019 7/17/2019 N/A
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio $0 $116,223 $58,112 $0 $0 $69,384 $3,400,000 $0 J-51 Exemption Funds        
Property   10.01 1460 Macombs Road                     10/8/2019 8/26/2019 N/A
Property   10.02 984 Sheridan Avenue                     10/8/2019 8/26/2019 N/A
Property   10.03 901 Walton Avenue                     10/8/2019 8/26/2019 N/A
Property   10.04 2 Minerva Place                     10/8/2019 8/26/2019 N/A
Property   10.05 4040 Bronx Boulevard                     10/22/2019 9/20/2019 N/A
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio $0 $497,520 $46,135 $0 $0 $0 $0 $0 N/A        
Property   11.01 Stockbridge, GA                     8/15/2019 8/9/2019 N/A
Property   11.02 Lithonia, GA                     8/15/2019 8/6/2019 N/A
Property   11.03 Atlanta, GA                     8/14/2019 8/8/2019 N/A
Property   11.04 Stone Mountain, GA                     8/15/2019 8/6/2019 N/A
Property   11.05 Decatur, GA                     8/14/2019 8/6/2019 N/A
Property   11.06 Lithia Springs, GA                     8/26/2019 8/12/2019 N/A
Property   11.07 Roswell, GA                     8/15/2019 8/9/2019 N/A
Property   11.08 Norcross, GA                     8/26/2019 8/6/2019 N/A
Loan   12 Mosby Ingleside $0 $577,280 $57,728 $88,478 $10,798 $0 $0 $0 N/A   9/17/2019 8/29/2019 N/A
Loan 5, 6 13 Sacramento Office Portfolio $2,500,000 $179,605 $59,868 $0 $0 $51,375 $1,977,893 $0 Existing Tenant Improvements; Existing Leasing Commissions; Free Rent Reserve        
Property   13.01 Royal Oaks Campus                     9/27/2019 9/20/2019 N/A
Property   13.02 Lennane Campus                     9/30/2019 9/20/2019 N/A
Property   13.03 West Sacramento Campus                     9/27/2019 9/20/2019 N/A
Loan   14 Plaza Pacoima $407,486 $0 $0 $0 $0 $0 $41,862 $0 Unfunded Obligations Reserve   7/6/2019 8/2/2019 N/A
Loan 15 15 El Mercado Shopping Center $474,881 $167,891 $41,973 $0 $0 $0 $0 $0 N/A   10/10/2019 9/25/2019 N/A
Loan   16 Riverview Shopping Center $250,000 $26,421 $26,421 $16,662 $2,380 $0 $0 $0 N/A   9/20/2019 9/18/2019 N/A
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio $10,000,000 $1,111,745 $275,628 $0 $0 $0 $954,138 $0 Existing TI/LC Reserve; Rent Concession Reserve        
Property   17.01 Lakeline Plaza                     9/5/2019 7/29/2019 N/A
Property   17.02 Forest Plaza                     8/27/2019 7/29/2019 N/A
Property   17.03 White Oaks Plaza                     8/27/2019 7/29/2019 N/A
Property   17.04 Muncie Towne Plaza                     8/26/2019 7/29/2019 N/A
Property   17.05 Lakeline Village                     9/5/2019 8/2/2019 N/A
Loan   18 Woodland Falls $2,000,000 $63,700 $63,700 $0 $0 $0 $1,006,550 $0 PNC TI Reserve   9/16/2019 9/5/2019 N/A
Loan   19 The Shops at Stony Creek $460,000 $63,408 $21,136 $21,105 $1,919 $0 $161,916 $0 Rent Concession Reserve; Existing TI/LC Reserve   9/11/2019 6/11/2019 N/A
Loan 16 20 Embassy Suites Richmond $0 $122,636 $20,439 $0 $0 $24,904 $0 $0 N/A   6/11/2019 5/16/2019 N/A
Loan   21 Holiday Inn - Charlotte Airport $0 $21,646 $14,296 $4,273 $4,273 $0 $0 $0 N/A   8/22/2019 8/19/2019 N/A
Loan   22 Cypress Pointe $350,000 $0 $42,711 $0 $0 $6,875 $94,900 $0 Five Below Reserve   10/10/2019 9/25/2019 N/A
Loan   23 American Airlines $0 $56,743 $18,914 $3,398 $1,701 $0 $0 $0 N/A   10/10/2019 9/9/2019 N/A
Loan 12 24 950 Iron Point Road $0 $27,176 $13,588 $2,395 $2,395 $21,500 $2,172,088 $0 Landlord Obligation Reserve   9/27/2019 9/4/2019 N/A
Loan   25 Cedar Village MHC $0 $14,600 $7,300 $0 $0 $0 $0 $0 N/A   9/16/2019 9/12/2019 N/A
Loan   26 Arabian Gardens MHC $0 $26,064 $13,032 $0 $0 $0 $0 $0 N/A   10/1/2019 9/12/2019 N/A
Loan 6 27 1 Plaza La Prensa & Sena Plaza $0 $12,566 $12,566 $0 $0 $0 $56,250 $0 Sena Plaza Roof Reserve        
Property   27.01 1 Plaza La Prensa                     9/3/2019 10/9/2019 N/A
Property   27.02 Sena Plaza                     10/17/2019 10/9/2019 N/A
Loan   28 Home2 Suites - Grovetown $0 $0 $7,107 $0 $0 $0 $0 $0 N/A   10/10/2019 9/24/2019 N/A
Loan   29 2700 Patriot Boulevard $1,000,000 $201,620 $67,207 $0 $0 $0 $226,829 $0 Oustanding Free Rent; Oustanding Tenant Improvements   9/18/2019 8/16/2019 N/A
Loan   30 82-17 153rd Avenue Retail $100,000 $292,067 $58,413 $86,186 $7,835 $0 $0 $0 N/A   9/17/2019 9/30/2019 N/A
Loan   31 Bloom 24 Apartments $0 $10,246 $5,123 $3,459 $3,459 $19,000 $0 $0 N/A   9/20/2019 9/20/2019 N/A
Loan   32 The Quin $0 $38,561 $2,754 $0 $0 $0 $10,000 $0 Environmental Reserve   10/17/2019 10/14/2019 N/A
Loan   33 Save Mart Center $140,364 $52,002 $8,667 $1,640 $1,636 $0 $24,450 $0 Upfront Reserve   8/5/2019 7/24/2019 N/A
Loan   34 Plaza de Cicero $255,000 $0 $0 $0 $0 $0 $70,000 $0 Existing TI/LC Reserve   10/2/2019 9/20/2019 N/A
Loan   35 Oxnard Port Place Shoppes $126,037 $31,284 $6,257 $0 $0 $0 $188,151 $0 Pacific Dental Existing TI/LC Reserve; Pacific Dental Lease Reserve; USA Nails & Spa Existing TI/LC Reserve; Phenix Salon Lease Reserve   10/11/2019 9/24/2019 N/A
Loan   36 Meadow Ridge Apartments $0 $51,915 $10,383 $35,208 $2,934 $0 $0 $0 N/A   10/10/2019 9/24/2019 N/A
Loan   37 StoreRight Self Storage – Vero Beach $0 $51,300 $4,275 $0 $0 $0 $0 $0 N/A   9/30/2019 9/6/2019 N/A
Loan   38 1609 Alton Road $0 $125,941 $10,495 $3,040 $3,040 $0 $125,000 $0 AHF Pharmacy Outstanding TI/LC   10/21/2019 10/1/2019 N/A
Loan 12 39 Hampton Inn - Sanford $0 $0 $4,613 $21,299 $2,130 $0 $350,290 $0 PIP Reserve   8/19/2019 7/26/2019 N/A
Loan   40 LA Fitness Cedar Park $0 $0 $17,000 $2,834 $1,417 $0 $54,542 $0 Free Rent Reserve   9/24/2019 9/30/2019 N/A
Loan   41 Westport Bakersfield Self Storage $0 $7,000 $2,333 $0 $0 $0 $0 $0 N/A   10/11/2019 9/9/2019 N/A
Loan   42 50 Catoctin Circle $0 $0 $0 $0 $0 $0 $0 $0 N/A   9/23/2019 8/13/2019 N/A
Loan 17 43 Brookfield Junction Apartments $0 $47,945 $9,589 $16,080 $1,340 $0 $0 $0 N/A   10/10/2019 10/2/2019 N/A
Loan   44 Super Storage $0 $5,574 $2,787 $0 $0 $0 $0 $0 N/A   9/11/2019 N/A N/A
Loan   45 Walgreens West Valley UT $0 $0 $0 $0 $0 $9,375 $0 $0 N/A   9/20/2019 9/10/2019 N/A
Loan 6, 7 46 City Storage $0 $1,685 $1,685 $6,621 $1,453 $0 $0 $0 N/A        
Property   46.01 City Storage - North                     10/24/2019 9/12/2019 N/A
Property   46.02 City Storage - South                     9/24/2019 9/12/2019 N/A
Loan   47 Bank of America Jackson Heights $0 $107,670 $17,945 $1,988 $1,988 $1,375 $9,300 $0 Payment Reserve   9/24/2019 10/1/2019 N/A
                                 

A-1-10

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                                       
                                                       
Property
Flag
Footnotes Loan ID Property Name Engineering
Report Date
Seismic
Report Date
Seismic Zone (Y/N) PML %   Cut-off Date
Pari Passu Mortgage
Debt Balance
Coop - Committed Secondary Debt Cut-off Date
Subord. Mortgage
Debt Balance
Total Mortgage
Debt Cut-off
Date LTV Ratio
Total Mortgage
Debt UW
NCF DSCR
Total Mortgage
Debt UW NOI
Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date
LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
  Coop - Rental Value Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/
Investor Carry
Loan 5, 9 1 Century Plaza Towers 10/11/2019 10/11/2019 Yes - 4 18.0%   $795,000,000   $300,000,000 52.1% 3.07x 10.1%                          
Loan 5, 7 2 Jackson Park 9/11/2019 N/A No N/A   $450,000,000   $450,000,000 62.5% 2.15x 7.1%                          
Loan 5, 12, 13 3 Park Tower at Transbay 6/10/2019 6/10/2019 Yes - 4 12.0%   $450,000,000     49.1% 2.93x 10.2%                          
Loan 5, 6, 7 4 ILPT Industrial Portfolio           $139,400,000   $135,600,000 64.0% 2.47x 9.1%                          
Property   4.01 1800 Union Airpark Boulevard 7/23/2019 N/A No N/A                                        
Property   4.02 4237-4255 Anson Boulevard 7/23/2019 N/A No N/A                                        
Property   4.03 5000 Commerce Way 7/26/2019 N/A No N/A                                        
Property   4.04 5142 & 5148 North Hanley Road 7/23/2019 N/A No N/A                                        
Property   4.05 945 Monument Drive 7/23/2019 N/A No N/A                                        
Property   4.06 2801 Airwest Boulevard 7/23/2019 N/A No N/A                                        
Property   4.07 20 Logistics Boulevard 7/23/2019 N/A No N/A                                        
Property   4.08 5500 Southeast Delaware Avenue 7/30/2019 N/A No N/A                                        
Property   4.09 2150 Stanley Road 7/23/2019 N/A No N/A                                        
Property   4.10 16101 Queens Court 7/23/2019 N/A No N/A                                        
Property   4.11 5 Logistics Drive 7/23/2019 N/A No N/A                                        
Loan 5, 7 5 360 North Crescent Drive 9/10/2019 9/20/2019 Yes - 4 19.0%   $55,000,000     52.2% 2.31x 8.3%                          
Loan 8, 10 6 Norwalk Government Center 3/7/2019 3/7/2019 Yes - 4 14.0%                                        
Loan 6 7 ExchangeRight Net Leased Portfolio #30                                                
Property   7.01 Giant Eagle - Homestead (Waterfront), PA 9/30/2019 N/A No N/A                                        
Property   7.02 Hobby Lobby - Pearland (Pearland), TX 7/31/2019 N/A No N/A                                        
Property   7.03 Walgreens - New Berlin (Moorland), WI 9/25/2019 N/A No N/A                                        
Property   7.04 Walgreens - Flourtown (Bethlehem), PA 9/26/2019 N/A No N/A                                        
Property   7.05 Walgreens - Ypsilianti (Washetenaw), MI 10/2/2019 N/A No N/A                                        
Property   7.06 Fresenius Medical Care - Marrero (Westbank), LA 10/7/2019 N/A No N/A                                        
Property   7.07 Tractor Supply - Canton (Cherokee), GA 9/26/2019 N/A No N/A                                        
Property   7.08 Walgreens - Sheboygan (14th), WI 9/27/2019 N/A No N/A                                        
Property   7.09 Tractor Supply - Brunswick (New Jesup), GA 9/25/2019 N/A No N/A                                        
Property   7.10 Tractor Supply - Hammond (Highway 190), LA 9/25/2019 N/A No N/A                                        
Property   7.11 Tractor Supply - Canton (Michigan), MI 10/2/2019 N/A No N/A                                        
Property   7.12 Walgreens - Waukesha (Moreland), WI 9/30/2019 N/A No N/A                                        
Property   7.13 AutoZone - Chicago (Cicero), IL 8/14/2019 N/A No N/A                                        
Property   7.14 Dollar General - Mandeville (LA-59), LA 9/18/2019 N/A No N/A                                        
Property   7.15 Dollar General - Stockbrige (Fairview), GA 10/2/2019 N/A No N/A                                        
Property   7.16 Dollar General - Copperas Cove (1st Street), TX 9/26/2019 N/A No N/A                                        
Property   7.17 Dollar General - Lafayette (Ambassador), LA 9/18/2019 N/A No N/A                                        
Property   7.18 Dollar General - Baton Rouge (Florida), LA 9/18/2019 N/A No N/A                                        
Property   7.19 Dollar General - Altoona (Temple), PA 9/17/2019 N/A No N/A                                        
Property   7.20 Dollar General - San Angelo (South Bell), TX 9/19/2019 N/A No N/A                                        
Property   7.21 Dollar General - Baton Rouge (Harrells), LA 9/18/2019 N/A No N/A                                        
Loan   8 1000 South Broadway Apartments 9/3/2019 N/A No N/A                                        
Loan 6, 7, 11 9 Oklahoma Multifamily Portfolio                                                
Property   9.01 Countryside Village Apartments 7/17/2019 N/A No N/A                                        
Property   9.02 93 Twenty Apartments 7/17/2019 N/A No N/A                                        
Property   9.03 Charleston Crossing Apartments 7/17/2019 N/A No N/A                                        
Property   9.04 Ridge Park Apartments 7/17/2019 N/A No N/A                                        
Property   9.05 Inverness Apartments 7/17/2019 N/A No N/A                                        
Loan 6, 7, 12, 14 10 FTERE Bronx Multifamily Portfolio                                                
Property   10.01 1460 Macombs Road 8/26/2019 N/A No N/A                                        
Property   10.02 984 Sheridan Avenue 8/26/2019 N/A No N/A                                        
Property   10.03 901 Walton Avenue 8/26/2019 N/A No N/A                                        
Property   10.04 2 Minerva Place 8/26/2019 N/A No N/A                                        
Property   10.05 4040 Bronx Boulevard 9/20/2019 N/A No N/A                                        
Loan 6, 7, 12 11 Metro 8 Self Storage Portfolio                                                
Property   11.01 Stockbridge, GA 8/12/2019 N/A No N/A                                        
Property   11.02 Lithonia, GA 8/12/2019 N/A No N/A                                        
Property   11.03 Atlanta, GA 8/12/2019 N/A No N/A                                        
Property   11.04 Stone Mountain, GA 8/12/2019 N/A No N/A                                        
Property   11.05 Decatur, GA 8/12/2019 N/A No N/A                                        
Property   11.06 Lithia Springs, GA 8/12/2019 N/A No N/A                                        
Property   11.07 Roswell, GA 8/12/2019 N/A No N/A                                        
Property   11.08 Norcross, GA 8/13/2019 N/A No N/A                                        
Loan   12 Mosby Ingleside 8/29/2019 N/A No N/A                                        
Loan 5, 6 13 Sacramento Office Portfolio           $14,400,000     67.1% 2.98x 11.2%                          
Property   13.01 Royal Oaks Campus 9/24/2019 9/20/2019 Yes - 3 9.0%                                        
Property   13.02 Lennane Campus 9/24/2019 9/20/2019 Yes - 3 9.0%                                        
Property   13.03 West Sacramento Campus 9/24/2019 9/20/2019 Yes - 3 9.0%                                        
Loan   14 Plaza Pacoima 5/29/2019 6/13/2019 Yes - 4 12.0%       $4,735,000 70.0% 1.75x 8.6%                          
Loan 15 15 El Mercado Shopping Center 9/25/2019 9/25/2019 Yes - 4 19.0%                                        
Loan   16 Riverview Shopping Center 9/17/2019 9/17/2019 Yes - 4 12.0%                                        
Loan 5, 6, 7, 8 17 National Anchored Retail Portfolio           $92,000,000     62.8% 2.96x 11.6%                          
Property   17.01 Lakeline Plaza 7/29/2019 N/A No N/A                                        
Property   17.02 Forest Plaza 7/29/2019 N/A No N/A                                        
Property   17.03 White Oaks Plaza 7/29/2019 N/A No N/A                                        
Property   17.04 Muncie Towne Plaza 7/29/2019 N/A No N/A                                        
Property   17.05 Lakeline Village 8/2/2019 N/A No N/A                                        
Loan   18 Woodland Falls 10/1/2019 N/A No N/A                                        
Loan   19 The Shops at Stony Creek 6/11/2019 N/A No N/A                                        
Loan 16 20 Embassy Suites Richmond 5/16/2019 N/A No N/A                                        
Loan   21 Holiday Inn - Charlotte Airport 8/28/2019 N/A No N/A                                        
Loan   22 Cypress Pointe 9/25/2019 N/A No N/A                                        
Loan   23 American Airlines 9/9/2019 N/A No N/A                                        
Loan 12 24 950 Iron Point Road 8/26/2019 8/26/2019 Yes - 3 5.0%                                        
Loan   25 Cedar Village MHC 9/12/2019 9/12/2019 Yes - 4 14.0%                                        
Loan   26 Arabian Gardens MHC 9/12/2019 9/12/2019 Yes - 4 15.0%                                        
Loan 6 27 1 Plaza La Prensa & Sena Plaza                                                
Property   27.01 1 Plaza La Prensa 8/12/2019 N/A No N/A                                        
Property   27.02 Sena Plaza 10/9/2019 N/A No N/A                                        
Loan   28 Home2 Suites - Grovetown 9/24/2019 N/A No N/A                                        
Loan   29 2700 Patriot Boulevard 9/4/2019 N/A No N/A                                        
Loan   30 82-17 153rd Avenue Retail 9/18/2019 N/A No N/A                                        
Loan   31 Bloom 24 Apartments 9/20/2019 N/A No N/A                                        
Loan   32 The Quin 10/4/2019 N/A No N/A                                        
Loan   33 Save Mart Center 7/23/2019 7/23/2019 Yes - 4 8.0%                                        
Loan   34 Plaza de Cicero 9/20/2019 N/A No N/A                                        
Loan   35 Oxnard Port Place Shoppes 9/24/2019 9/24/2019 Yes - 4 17.0%                                        
Loan   36 Meadow Ridge Apartments 9/24/2019 N/A No N/A                                        
Loan   37 StoreRight Self Storage – Vero Beach 9/6/2019 N/A No N/A                                        
Loan   38 1609 Alton Road 10/1/2019 N/A No N/A                                        
Loan 12 39 Hampton Inn - Sanford 7/26/2019 N/A No N/A                                        
Loan   40 LA Fitness Cedar Park 9/30/2019 N/A No N/A                                        
Loan   41 Westport Bakersfield Self Storage 9/9/2019 9/16/2019 Yes - 4 6.0%                                        
Loan   42 50 Catoctin Circle 9/12/2019 N/A No N/A                                        
Loan 17 43 Brookfield Junction Apartments 9/24/2019 N/A No N/A                                        
Loan   44 Super Storage 9/4/2019 9/4/2019 Yes - 4 10.0%                                        
Loan   45 Walgreens West Valley UT 9/10/2019 9/6/2019 Yes - 3 6.0%                                        
Loan 6, 7 46 City Storage                                                
Property   46.01 City Storage - North 9/12/2019 N/A No N/A                                        
Property   46.02 City Storage - South 9/12/2019 N/A No N/A                                        
Loan   47 Bank of America Jackson Heights 10/1/2019 N/A No N/A                                        
                                                       

A-1-11

 

 

 

  BANK 2019-BNK23
  Footnotes to Annex A-1
   
(1) MSBNA—Morgan Stanley Bank, N.A.; BANA—Bank of America, National Association; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; WFB—Wells Fargo Bank, National Association.
   
(2) Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans which are not in occupancy or are in free rent periods.
   
(3) The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan.
   
(4) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans.
   
(5) Each of the Century Plaza Towers Mortgage Loan (Mortgage Loan No. 1), the Jackson Park Mortgage Loan (Mortgage Loan No. 2), the Park Tower at Transbay Mortgage Loan (Mortgage Loan No. 3), the ILPT Industrial Portfolio Mortgage Loan (Mortgage Loan No. 4), the 360 North Crescent Drive Mortgage Loan (Mortgage Loan No. 5), the Sacramento Office Portfolio Mortgage Loan (Mortgage Loan No. 13), and the National Anchored Retail Portfolio Mortgage Loan (Mortgage Loan No. 17) is part of a whole loan related to the Issuing Entity.  For further information, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans,” “—The Non-Serviced Pari Passu Whole Loans,”  and “Pooling and Servicing Agreement”, and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus.
   
(6) With respect to Mortgage Loan No. 4, ILPT Industrial Portfolio, Mortgage Loan No. 7, ExchangeRight Net Leased Portfolio #30, Mortgage Loan No. 9, Oklahoma Multifamily Portfolio, Mortgage Loan No. 10, FTERE Bronx Multifamily Portfolio, Mortgage Loan No. 11, Metro 8 Self Storage Portfolio, Mortgage Loan No. 13, Sacramento Office Portfolio, Mortgage Loan No. 17, National Anchored Retail Portfolio, Mortgage Loan No. 27, 1 Plaza La Prensa & Sena Plaza, and Mortgage Loan No. 46, City Storage, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms/Pads calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each Mortgaged Property based on the respective Appraised Values and/or UW NCF, among other methods.
   
(7) With respect to Mortgage Loan No. 2, Jackson Park,  Mortgage Loan No. 4, ILPT Industrial Portfolio,  Mortgage Loan No. 5, 360 North Crescent Drive, Mortgage Loan No. 9, Oklahoma Multifamily Portfolio, Mortgage Loan No. 10, FTERE Bronx Multifamily Portfolio,  Mortgage Loan No. 11, Metro 8 Self Storage Portfolio, Mortgage Loan No. 17, National Anchored Retail Portfolio, and Mortgage Loan No. 46, City Storage, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this preliminary prospectus.
   
(8) With respect to Mortgage Loan No. 6, Norwalk Government Center and Mortgage Loan No. 17, National Anchored Retail Portfolio, the related loan documents permit one or more outparcel or other releases without prepayment or defeasance.  See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases; Property Additions” in this preliminary prospectus.
   
(9) With respect to Mortgage Loan No. 1, Century Plaza Towers, the mortgage loan documents allow for a full prepayment, or a partial prepayment in connection with the release of certain development rights, at any time throughout the mortgage loan term, subject to yield maintenance, if prior to open period. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Prepayment Protections and Certain Involuntary Prepayments” and “Releases; Partial Releases; Property Additions” in this preliminary prospectus.

 

A-1-12

 

 

   
(10) With respect to Mortgage Loan No. 6, Norwalk Government Center, the monthly capital expenditures reserve deposit  will decrease to $7,524 upon completion of elevator modernization as outlined in the loan agreement.
   
(11) With respect to Mortgage Loan No 9, Oklahoma Multifamily Portfolio, the related loan documents provide for defeasance in whole of the Mortgage Loan, but also permit partial prepayment with (if prior to the open period) yield maintenance, in connection with a partial release.
   
(12) With respect to Mortgage Loan No. 3, Park Tower at Transbay, Appraised Value represents a “Prospective Market Value At Stabilization” as of October 1, 2019, which assumes that the sole tenant, Facebook, Inc., has commenced rent payments (which began in August 2019) and that all remaining construction project costs due by September 30, 2019 have been incurred (110% of the cost of which has been reserved by the lender). The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the As-Is” value of $959,000,000 are 57.4% and 57.4%, respectively.
   
  With respect to Mortgage Loan No. 10, FTERE Bronx Multifamily Portfolio, the Appraised Value of the 1460 Macombs Road Mortgaged Property includes $3,400,000 attributable to a J-51 tax exemption that has been applied for but not approved, the Appraised Value of the 901 Walton Avenue Mortgaged Property includes $800,000 attributable to material capital improvement (“MCI”) rent increases that have been applied for but not approved, and the Appraised Value of the 4040 Bronx Boulevard Mortgaged Property includes $450,000 attributable to a J-51 tax abatement, $850,000 attributable to a J-51 tax exemption and $2,200,000 attributable to MCI rent increases, all of which have been applied for but not approved.
   
  With respect to Mortgage Loan No. 11, Metro 8 Self Storage Portfolio, the Appraised Value is based on a portfolio “as-is” appraised value of $77,000,000, which is predicated on the assumption that the entire property portfolio is marketed to a single purchaser and reflects a 13.2% premium to the aggregate appraised value of the individual Mortgaged Properties. The related Mortgaged Properties had an aggregate “as-is” appraised value of $68,000,000, which would equate to a Cut-off Date LTV Ratio and LTV Ratio at Maturity of 58.3% and 58.3%, respectively.
   
  With respect to Mortgage Loan No. 24, 950 Iron Point Road, Appraised Value represents a “Prospective Market Value Upon Stabilization” as of March 1, 2020, which assumes that the second largest tenant, Mountain F Enterprises (14.6% of NRA), and the fifth largest tenant, Mountain G Enterprises (13.3% of NRA), have completed the build out of their space and are making full rent payments. At closing, the borrower reserved $748,650 for tenant improvements for Mountain F Enterprises and $681,050 for tenant improvements for Mountain G Enterprises, which represents 100% of their outstanding tenant improvements. Both tenants have commenced their buildout and commenced paying full rent for their spaces. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the As-Is value of $23,700,000 are 64.0% and 50.2%, respectively.
   
  With respect to Mortgage Loan No. 39, Hampton Inn - Sanford, Appraised Value represents a “When Complete” value as of August 1, 2020.  The borrower is currently completing a $1,210,850 PIP, of which $906,250 has been completed and $304,600 is remaining.  At closing, the borrower reserved $350,290, which represents 115% of the remaining amount required.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio assuming the as-is value of $9,000,000 are 66.6% and 53.1% respectively.
   
(13) With respect to Mortgage Loan No. 3, Park Tower at Transbay, the mortgage loan is structured with an Anticipated Repayment Date (“ARD”) and will be interest-only prior to the ARD. From and after the ARD, the Park Tower at Transbay Whole Loan will accrue additional interest at a fixed rate of 2.50%, which will be deferred and due and payable on the Maturity Date (or earlier repayment in full of the Park Tower at Transbay Whole Loan). The ARD automatically triggers a cash sweep period whereby all excess cash flow is required to be used to pay down the principal balance of the Park Tower at Transbay Whole Loan in full and then repay the deferred additional accrued interest.
   
(14) With respect to Mortgage Loan No. 10, FTERE Bronx Multifamily Portfolio, the Mortgage Loan was underwritten assuming the receipt of a J-51 tax exemption at the 1460 Macombs Road Mortgaged Property, the receipt of an MCI rent increase at the 901 Walton Mortgaged Property and  the receipt of a J-51 tax exemption, a J-51 tax abatement and MCI rent increases at the 4040 Bronx Boulevard Mortgaged Property, all of which have been applied for but not approved.  The FTERE Bronx Multifamily Portfolio Mortgage Loan documents provide for a Holdback of $3,400,000 with respect to the pending J-51 tax exemption, J-51 tax abatement and MCI rent increase applications, as applicable for the  1460 Macombs Road ($900,000  holdback), 901 Walton Avenue ($450,000 holdback) and 4040 Bronx Boulevard ($2,050,000 holdback) Mortgaged Properties.  The funds allocable to each such Mortgaged Property are required to be disbursed to the related borrower upon satisfaction of certain conditions which include the approval of the applicable exemption, abatement or MCI rent increase and

 

A-1-13

 

 

  the lender has determined in its sole reasonable discretion that the underwritten net operating income divided by the outstanding principal balance of the FTERE Bronx Multifamily Portfolio Mortgage Loan after giving effect to the disbursement is equal to or greater than 7.70%. If the Holdback has not been fully released by November 5, 2020, the lender has the right to apply the unreleased amounts of the Holdback to pay down the Mortgage Loan, accompanied by a 3.00% prepayment premium to be paid by the borrower.  Assuming the full Holdback balance is applied to the full loan amount of $50,400,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield would be 63.0%, 63.0%, 2.19x, 2.14x, 8.4% and 8.2%, respectively.
   
(15) With respect to Mortgage Loan No. 15, El Mercado Shopping Center, the largest tenant, Marina Grocery, is an affiliate of the El Mercado Shopping Center borrower.
   
(16) With respect to Mortgage Loan No. 20, Embassy Suites Richmond, FF&E reserves are waived so long as the DSCR is at least 1.75x on an interest-only basis and the franchise quality assurance score for condition (only) is not being reported as “unacceptable”.
   
(17) With respect to Mortgage Loan No. 43, Brookfield Junction Apartments, 19.2% of underwritten rent is related to three retail tenants occupying 9,181 square feet.  The Units/SF includes the retail tenant space.
   
A. “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) one percent (1%) of the unpaid principal balance of the Note as of the Repayment Date calculated as if the Maturity Date were the date on which the Open Period commences. “Yield Maintenance Amount” shall mean the present value, as of the Repayment Date, of the remaining scheduled payments of principal and interest from the Repayment Date through the Open Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid on the Repayment Date. “Open Prepayment Date” shall mean July 9, 2029. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the lesser of (i) the Treasury Rate and (ii) the Swap Rate, each when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Repayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Open Prepayment Date. (In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) “Swap Rate” shall mean the yield calculated by the linear interpolation of mid-market swap yields, as reported on Reuters Capital Markets screen 19901 (SEMI-BOND column), with maturities (one longer and one shorter) most nearly approximating the Stated Maturity Date (in the event Reuters Capital Markets screen 19901 is no longer available, Lender shall select a comparable publication to determine such yield).
   
B. “Yield Maintenance” shall mean an amount equal to the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Open Prepayment Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Open Prepayment Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Business Day on which the prepayment is paid to Lender, or if after 2:00 P.M., Charlotte, North Carolina time, then the next Business Day. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
C. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) one percent (1.0%) of the outstanding principal amount of the Loan or (b) the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Note(s) being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (i) the Interest Rate applicable to such Note(s) being prepaid and (ii) the Yield Maintenance

 

A-1-14

 

 

  Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
D. “Yield Maintenance Premium” shall mean an amount equal to the greater of (a) one percent (1%) of the outstanding principal of the Loan to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the Notes assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the Loan is paid on the Maturity Date (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the Prepayment Rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding Payment Date in the event such payment is not made on a Payment Date), over (ii) the principal amount being prepaid.

“Prepayment Rate” shall mean the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Maturity Date as most recently published in “Statistical Release H.15 (519), Selected Interest Rates,” or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select.

“Prepayment Rate Determination Date” shall mean the date which is five (5) Business Days prior to the date that such prepayment shall be applied in accordance with the terms and provisions of Section 2.4.1 hereof.

2.4.3 Prepayments Prior to Permitted Prepayment Date. If prior to the Permitted Prepayment Date, payment of all or any part of the Debt is tendered by Borrower or otherwise recovered by Lender, such tender or recovery shall be (a) made on the next occurring Payment Date together with the Monthly Debt Service Payment and (b) deemed a voluntary prepayment by Borrower in violation of the prohibition against prepayment set forth in Section 2.4.1 hereof, and Borrower shall pay, in addition to the Debt, an amount equal to the Yield Maintenance Default Premium which can be applied by Lender in such order and priority as Lender shall determine in is sole and absolute discretion.
   
E. “Yield Maintenance Premium” shall mean an amount equal to the greater of (a) an amount equal to 0.5% of the amount of principal of the Loan prepaid on the applicable date; or (b) an amount equal to the present value as of the date on which the prepayment is made of the Calculated Payments (as defined below) from the Applicable Y/M Calculation Date through the Prepayment Release Date determined by discounting such payment at the Discount Rate plus fifty basis points. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only (or portion thereof) which would be due based on the principal amount of the Loan being prepaid on the date on which prepayment is made and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (y) the Interest Rate and (z) the Yield Maintenance Treasury Rate (as defined below). As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading “U.S. Government Securities/Treasury Constant Maturities” for the week ending prior to the date on which prepayment is made, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Prepayment Release Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise pursuant to this paragraph. Lender shall notify Borrower of the amount and the basis of determination of the required prepayment consideration. Lender’s calculation of the Yield Maintenance Premium shall be conclusive absent manifest error. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded semi-annually, is equivalent to the Yield Maintenance Treasury Rate.

“Applicable Y/M Calculation Date” means (a) following a Securitization, the first day of the next full Interest Period that commences after the date of such prepayment and (b) prior to a Securitization, the date on which such prepayment is made.

A-1-15

 

   
F. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Open Prepayment Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Open Prepayment Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
G. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Maturity Date (assuming the outstanding principal balance of the Loan is due on the Maturity Date), from the Maturity Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Maturity Date (or if two or more such securities have maturity dates equally close to the Maturity Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.

 

A-1-16