FWP 1 n2346_x3-annexa1.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-227446-12

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“), BofA Securities, Inc. (together with its affiliates, “BofA Securities”), Wells Fargo Securities, LLC (together with its affiliates, “Wells Fargo”) , 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.

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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.

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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, OR (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, OR (IV) ARE PERSONS TO WHICH THIS MATERIAL MAY OTHERWISE LAWFULLY BE COMMUNICATED OR DIRECTED; 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, OR (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, OR (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 WITH RESPECT TO THE OFFERED CERTIFICATES. ACCORDINGLY, EACH OF MORGAN STANLEY & CO. LLC, BOFA SECURITIES, INC., WELLS FARGO SECURITIES, LLC, 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.

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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, 10	1	250 West 57th Street	9.99%	MSBNA	MSMCH	$87,000,000	$87,000,000	$87,000,000	$331.04	Recapitalization	Empire State Realty OP, L.P.
Loan	5, 7, 11, 12	2	Coleman Highline	9.8%	WFB	WFB	$85,000,000	$85,000,000	$85,000,000	$469.61	Acquisition	BREIT Operating Partnership, L.P.
Loan	5, 8, 13	3	120 Wall Street	9.2%	WFB	WFB	$80,000,000	$80,000,000	$80,000,000	$246.90	Refinance	Silverstein Holdco I LLC
Loan	5, 8, 9	4	Grace Building	8.6%	BANA	BANA	$75,000,000	$75,000,000	$75,000,000	$567.13	Refinance	Brookfield Office Properties Inc.
Loan	6, 14	5	ExchangeRight Net Leased Portfolio #40	6.2%	MSBNA	MSMCH	$54,200,000	$54,200,000	$54,200,000	$154.94	Acquisition	ExchangeRight Real Estate, LLC
Property		5.01	Kroger - North Chesterfield, VA	1.0%	MSBNA		$8,759,923	$8,759,923	$8,759,923
Property		5.02	CVS - New Bedford, MA	0.6%	MSBNA		$4,872,587	$4,872,587	$4,872,587
Property		5.03	Walgreens - Orland Park, IL	0.5%	MSBNA		$4,249,671	$4,249,671	$4,249,671
Property		5.04	Walgreens - Dallas, TX (S. Buckner Boulevard)	0.5%	MSBNA		$3,976,465	$3,976,465	$3,976,465
Property		5.05	Walgreens - Saint Clair Shores, MI	0.4%	MSBNA		$3,481,651	$3,481,651	$3,481,651
Property		5.06	Tractor Supply - Buford, GA	0.4%	MSBNA		$3,150,576	$3,150,576	$3,150,576
Property		5.07	Tractor Supply - Lambertville, MI	0.4%	MSBNA		$3,073,712	$3,073,712	$3,073,712
Property		5.08	CVS Pharmacy - Monaca, PA	0.3%	MSBNA		$2,868,924	$2,868,924	$2,868,924
Property		5.09	CVS Pharmacy - Lafayette, LA	0.3%	MSBNA		$2,822,811	$2,822,811	$2,822,811
Property		5.10	CVS - Kankakee, IL	0.3%	MSBNA		$2,739,650	$2,739,650	$2,739,650
Property		5.11	Walgreens - Decatur, GA	0.3%	MSBNA		$2,361,722	$2,361,722	$2,361,722
Property		5.12	CVS - Stone Mountain, GA	0.3%	MSBNA		$2,247,946	$2,247,946	$2,247,946
Property		5.13	O’Reilly - Theodore, AL	0.1%	MSBNA		$1,204,528	$1,204,528	$1,204,528
Property		5.14	Dollar Tree - Montgomery, AL	0.1%	MSBNA		$1,177,909	$1,177,909	$1,177,909
Property		5.15	Sherwin Williams - Madison, AL	0.1%	MSBNA		$1,143,704	$1,143,704	$1,143,704
Property		5.16	Dollar General - Houston, TX	0.1%	MSBNA		$1,102,190	$1,102,190	$1,102,190
Property		5.17	Dollar General - Plum, PA	0.1%	MSBNA		$1,035,940	$1,035,940	$1,035,940
Property		5.18	Autozone - Hanover, PA	0.1%	MSBNA		$1,008,043	$1,008,043	$1,008,043
Property		5.19	Dollar General - Bradley, IL	0.1%	MSBNA		$979,249	$979,249	$979,249
Property		5.20	Dollar General - El Paso, TX	0.1%	MSBNA		$975,302	$975,302	$975,302
Property		5.21	Dollar General - Trafford, PA	0.1%	MSBNA		$967,497	$967,497	$967,497
Loan	5, 15	6	McDonald’s Global HQ	5.7%	BANA	BANA	$50,000,000	$50,000,000	$20,584,175	$295.64	Acquisition	Normandy Properties
Loan	5, 7, 8, 16, 17	7	The Arboretum	4.6%	WFB	WFB	$40,000,000	$39,939,202	$31,109,461	$179.61	Refinance	AAC Consolidated Properties, LLC; Riprand Count Arco
Loan	9, 18	8	IFA Rotorion Building	3.9%	WFB	WFB	$34,190,000	$34,190,000	$34,190,000	$76.19	Acquisition	Michael C. Baldwin 2010 Dynasty Trust; Laulima Capital Investors LLC
Loan		9	Triangle 54	3.7%	WFB	WFB	$32,232,000	$32,232,000	$32,232,000	$213.23	Acquisition	Michael C. Baldwin 2010 Dynasty Trust; Laulima Capital Investors LLC
Loan	5, 7, 19	10	1890 Ranch	3.4%	MSBNA	MSMCH	$30,000,000	$30,000,000	$25,480,075	$114.61	Acquisition	Endeavor Real Estate Group
Loan	11	11	2100 River	3.2%	WFB	WFB	$28,000,000	$28,000,000	$28,000,000	$290.91	Refinance	Walter C. Bowen
Loan	5, 8, 20, 21	12	711 Fifth Avenue	2.9%	BANA	BANA	$25,500,000	$25,500,000	$25,500,000	$1,602.83	Refinance	Bayerische Versorgungskammer; Deutsche Finance America LLC; DF Deutsche Finance Holding AG; Hessen Lawyers Pension Fund
Loan	8, 22	13	Turner Towers	2.9%	MSBNA	MSMCH	$25,000,000	$25,000,000	$18,703,966	$133,689.84	Refinance	N/A
Loan	9, 23	14	114 Mulberry Street	2.0%	MSBNA	MSMCH	$17,300,000	$17,300,000	$17,300,000	$720,833.33	Refinance	Eric Brody; Joseph Klaynberg
Loan	5	15	Chasewood Technology Park	1.8%	MSBNA	MSMCH	$16,000,000	$16,000,000	$13,096,152	$99.14	Acquisition	Nitya Capital
Loan		16	Interbay Self Storage – Seattle, WA	1.7%	BANA	BANA	$15,000,000	$15,000,000	$15,000,000	$212.41	Refinance	Darby Keen; Charles Wathen
Loan		17	Superior Self Storage Pocket	1.5%	WFB	WFB	$12,650,000	$12,650,000	$12,650,000	$121.48	Refinance	Suzanne Cortney; Rachel Allenstein Serrano
Loan	24	18	Glendale Thunderbird Shopping Center	1.4%	BANA	BANA	$12,220,000	$12,220,000	$12,220,000	$137.00	Refinance	West Valley Properties, Inc
Loan		19	Mission Plaza	1.4%	MSBNA	MSMCH	$12,000,000	$12,000,000	$10,838,218	$84.70	Refinance	Bradley H. Mindlin; Steven M. Firtel
Loan	5, 6	20	ExchangeRight Net Leased Portfolio #39	1.4%	BANA	BANA	$12,000,000	$12,000,000	$12,000,000	$149.98	Acquisition	ExchangeRight Real Estate, LLC
Property		20.01	Giant Eagle - Mentor (Tyler), OH	0.4%	BANA		$3,271,375	$3,271,375	$3,271,375
Property		20.02	BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA	0.2%	BANA		$1,397,769	$1,397,769	$1,397,769
Property		20.03	Pick n Save - Appleton (Wisconsin), WI	0.1%	BANA		$1,211,896	$1,211,896	$1,211,896
Property		20.04	Walgreens - Chesapeake (Hanbury), VA	0.1%	BANA		$1,115,241	$1,115,241	$1,115,241
Property		20.05	Walgreens - Stockbridge (Hudson), GA	0.1%	BANA		$825,279	$825,279	$825,279
Property		20.06	Walgreens - Oklahoma City (NW Expressway), OK	0.1%	BANA		$773,234	$773,234	$773,234
Property		20.07	Tractor Supply - Ashtabula (North Ridge), OH	0.1%	BANA		$603,717	$603,717	$603,717
Property		20.08	Tractor Supply - Manhattan (South Port), KS	0.1%	BANA		$511,078	$511,078	$511,078
Property		20.09	Walgreens - Dickinson (Highway 3), TX	0.0%	BANA		$394,814	$394,814	$394,814
Property		20.10	Dollar Tree - St. Louis (Dunn), MO	0.0%	BANA		$293,680	$293,680	$293,680
Property		20.11	Dollar Tree - Indianapolis (10th), IN	0.0%	BANA		$245,353	$245,353	$245,353
Property		20.12	Dollar General - San Angelo (Gordon), TX	0.0%	BANA		$237,918	$237,918	$237,918
Property		20.13	Dollar General - Douglasville (Cedar Mountain), GA	0.0%	BANA		$237,232	$237,232	$237,232
Property		20.14	Dollar General - San Benito (FM732), TX	0.0%	BANA		$234,201	$234,201	$234,201
Property		20.15	Dollar General - Moore (Eastern), OK	0.0%	BANA		$217,100	$217,100	$217,100
Property		20.16	Dollar General - Hubbard (Main), OH	0.0%	BANA		$208,178	$208,178	$208,178
Property		20.17	Dollar General - Steubenville (OH-213), OH	0.0%	BANA		$197,769	$197,769	$197,769
Property		20.18	Dollar General - Rogersville (US-60), MO	0.0%	BANA		$24,164	$24,164	$24,164
Loan	6, 9	21	10 Charles Street & 35 Perry Street	1.4%	MSBNA	MSMCH	$11,800,000	$11,800,000	$11,800,000	$907,692.31	Refinance	Joseph Ienco
Property		21.01	10 Charles Street	0.7%	MSBNA		$6,180,952	$6,180,952	$6,180,952
Property		21.02	35 Perry Street	0.6%	MSBNA		$5,619,048	$5,619,048	$5,619,048
Loan	5, 25	22	Courtyard Marriott Solana Beach	1.3%	WFB	WFB	$11,500,000	$11,362,001	$9,028,447	$214,066.69	Refinance	Bharat K. Lall
Loan		23	Home2 Suites - Columbus (Airport East), OH	1.2%	BANA	BANA	$11,000,000	$10,887,529	$8,680,906	$117,070.20	Refinance	Ratilal C. Patel
Loan		24	H-Mart - Carrollton, TX	0.9%	MSBNA	MSMCH	$8,000,000	$8,000,000	$8,000,000	$105.08	Refinance	Arnold Gumowitz; Morris Levy
Loan	9	25	169-171 University Avenue	0.8%	MSBNA	MSMCH	$7,400,000	$7,400,000	$7,400,000	$796.90	Refinance	Bernhard J. Hoffacker; Neal D. Hoffacker
Loan		26	302 West 12th Street	0.8%	WFB	WFB	$7,000,000	$7,000,000	$7,000,000	$1,388.61	Refinance	Francis Greenburger; Robert Kantor; Time Equities, Inc.; TEI LLC
Loan	6, 7, 26	27	Midwest Dollar General Portfolio	0.8%	MSBNA	MSMCH	$6,830,900	$6,830,900	$5,778,309	$85.71	Acquisition	Robert J. Flick
Property		27.01	Dollar General Benton H68E	0.1%	MSBNA		$786,431	$786,431	$665,248
Property		27.02	Dollar General Hazel	0.1%	MSBNA		$779,932	$779,932	$659,750
Property		27.03	Dollar General Paducah	0.1%	MSBNA		$779,932	$779,932	$659,750
Property		27.04	Dollar General Selmer	0.1%	MSBNA		$773,432	$773,432	$654,252
Property		27.05	Dollar General Benton Main	0.1%	MSBNA		$773,432	$773,432	$654,252
Property		27.06	Dollar General Hopkinsville	0.1%	MSBNA		$753,934	$753,934	$637,758
Property		27.07	Dollar General Hartford	0.1%	MSBNA		$747,434	$747,434	$632,260
Property		27.08	Dollar General Arlington	0.1%	MSBNA		$727,936	$727,936	$615,766
Property		27.09	Dollar General Cumberland	0.1%	MSBNA		$708,438	$708,438	$599,273
Loan	27	28	Sandy City Self Storage - Sandy, UT	0.7%	BANA	BANA	$6,350,000	$6,350,000	$6,350,000	$102.81	Refinance	Kenneth T. Woolley; David E. Richards
Loan		29	Ace Self Storage – Boulder, CO	0.7%	BANA	BANA	$6,175,000	$6,175,000	$6,175,000	$87.23	Acquisition	Guardian Storage
Loan	6	30	WAG - Dripping Springs & New Orleans	0.7%	WFB	WFB	$6,060,000	$6,051,287	$4,761,402	$215.04	Recapitalization	Barrett Patel
Property		30.01	Walgreens - Dripping Springs	0.4%	WFB		$3,595,812	$3,590,642	$2,825,265
Property		30.02	Walgreens - New Orleans	0.3%	WFB		$2,464,188	$2,460,645	$1,936,137
Loan		31	Peak View Park MHC	0.6%	BANA	BANA	$5,600,000	$5,600,000	$4,886,321	$68,292.68	Refinance	Peter J. LaBarre, Jr.
Loan		32	Walgreens Tumwater	0.6%	MSBNA	MSMCH	$5,265,000	$5,265,000	$5,265,000	$365.17	Acquisition	Myles P. Friel
Loan	9	33	Arabi Self Storage – Arabi, LA	0.5%	BANA	BANA	$4,500,000	$4,500,000	$4,500,000	$73.24	Refinance	Paula Frazier; Clay Frazier
Loan	6	34	Hillcrest and Chiesa MHCs	0.5%	MSBNA	MSMCH	$4,500,000	$4,500,000	$3,736,223	$32,846.72	Refinance	P. Skyler Liechty
Property		34.01	Chiesa MHC	0.3%	MSBNA		$2,881,000	$2,881,000	$2,392,013
Property		34.02	Hillcrest MHC	0.2%	MSBNA		$1,619,000	$1,619,000	$1,344,210
Loan		35	Riverland Estates MHC	0.5%	BANA	BANA	$4,500,000	$4,500,000	$3,863,395	$38,461.54	Refinance	JCW Group, LLC
Loan		36	Walgreens New London CT	0.5%	MSBNA	MSMCH	$4,310,000	$4,310,000	$4,310,000	$296.22	Acquisition	Martin Schiff; David Schiff; Denise Simon
Loan		37	Oak Haven Estates MHP	0.5%	MSBNA	MSMCH	$3,950,000	$3,950,000	$3,279,574	$40,306.12	Refinance	P. Skyler Liechty
Loan		38	Walgreens Deltona, FL	0.4%	MSBNA	MSMCH	$3,550,000	$3,550,000	$3,550,000	$265.70	Acquisition	Triangle Capital Group
Loan	9	39	Walgreens Aurora	0.4%	MSBNA	MSMCH	$3,500,000	$3,500,000	$3,500,000	$241.55	Acquisition	Leslie Ann Airington
Loan		40	Villa Rose	0.4%	WFB	WFB	$3,400,000	$3,400,000	$3,400,000	$49,275.36	Refinance	Paul A. Ruffner
Loan		41	Comerica Bank - Dallas, TX	0.3%	WFB	WFB	$3,000,000	$3,000,000	$3,000,000	$742.02	Refinance	Rowie Wiczyk

A-1-1

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property
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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

Address

City

County

Loan

5, 9, 10

250 West 57th Street

Empire State Realty OP, L.P.

Office

CBD

Fee

N/A

250 West 57th Street

New York

Loan

5, 7, 11, 12

Coleman Highline

BREIT Operating Partnership, L.P.

Office

Suburban

Fee

N/A

1143 & 1155 Coleman Avenue

San Jose

Santa Clara

Loan

5, 8, 13

120 Wall Street

Silverstein Holdco I LLC

Office

CBD

Fee

N/A

120 Wall Street

New York

Loan

5, 8, 9

Grace Building

BOP NYC OP LLC; Swig Investment Company, LLC

Office

CBD

Fee

N/A

1114 Avenue of the Americas

New York

Loan

6, 14

ExchangeRight Net Leased Portfolio #40

David Fisher; Joshua Ungerecht; Warren Thomas; ExchangeRight Real Estate, LLC

Property

5.01

Kroger - North Chesterfield, VA

Retail

Single Tenant

Fee

N/A

7000 Tim Price Way

North Chesterfield

Chesterfield

Property

5.02

CVS - New Bedford, MA

Retail

Single Tenant

Fee

N/A

136 Ashley Boulevard

New Bedford

Bristol

Property

5.03

Walgreens - Orland Park, IL

Retail

Single Tenant

Fee

N/A

14680 South La Grange Road

Orland Park

Cook

Property

5.04

Walgreens - Dallas, TX (S. Buckner Boulevard)

Retail

Single Tenant

Fee

N/A

2060 South Buckner Boulevard

Dallas

Property

5.05

Walgreens - Saint Clair Shores, MI

Retail

Single Tenant

Fee

N/A

21211 Harper Avenue

Saint Clair Shores

Macomb

Property

5.06

Tractor Supply - Buford, GA

Retail

Single Tenant

Fee

N/A

3239 Sardis Church Road

Buford

Gwinnett

Property

5.07

Tractor Supply - Lambertville, MI

Retail

Single Tenant

Fee

N/A

7342 Secor Road

Lambertville

Monroe

Property

5.08

CVS Pharmacy - Monaca, PA

Retail

Single Tenant

Fee

N/A

850 Pennsylvania Avenue

Monaca

Beaver

Property

5.09

CVS Pharmacy - Lafayette, LA

Retail

Single Tenant

Fee

N/A

6800 Johnston Street

Lafayette

Property

5.10

CVS - Kankakee, IL

Retail

Single Tenant

Fee

N/A

225 West Court Street

Kankakee

Property

5.11

Walgreens - Decatur, GA

Retail

Single Tenant

Fee

N/A

2035 Candler Road

Decatur

DeKalb

Property

5.12

CVS - Stone Mountain, GA

Retail

Single Tenant

Fee

N/A

7207 Rockbridge Road, Southwest

Stone Mountain

DeKalb

Property

5.13

O’Reilly - Theodore, AL

Retail

Single Tenant

Fee

N/A

7220 Theodore Dawes Road

Theodore

Mobile

Property

5.14

Dollar Tree - Montgomery, AL

Retail

Single Tenant

Fee

N/A

3903 Atlanta Highway

Montgomery

Property

5.15

Sherwin Williams - Madison, AL

Retail

Single Tenant

Fee

N/A

8982 Madison Boulevard

Madison

Property

5.16

Dollar General - Houston, TX

Retail

Single Tenant

Fee

N/A

12356 Tidwell Road

Houston

Harris

Property

5.17

Dollar General - Plum, PA

Retail

Single Tenant

Fee

N/A

960 Unity Center Road

Plum

Allegheny

Property

5.18

Autozone - Hanover, PA

Retail

Single Tenant

Fee

N/A

1155 Carlisle Street

Hanover

York

Property

5.19

Dollar General - Bradley, IL

Retail

Single Tenant

Fee

N/A

340 South Kinzie Avenue

Bradley

Kankakee

Property

5.20

Dollar General - El Paso, TX

Retail

Single Tenant

Fee

N/A

6291 Tiger Eye Drive

El Paso

Property

5.21

Dollar General - Trafford, PA

Retail

Single Tenant

Fee

N/A

935 State Route 130

Trafford

Westmoreland

Loan

5, 15

McDonald’s Global HQ

William I. Snyder

Office

CBD

Fee

N/A

110 North Carpenter Street

Chicago

Cook

Loan

5, 7, 8, 16, 17

The Arboretum

AAC Consolidated Properties, LLC

Retail

Anchored

Fee

N/A

3333 Pineville Matthews Road

Charlotte

Mecklenburg

Loan

9, 18

IFA Rotorion Building

Michael C. Baldwin 2010 Dynasty Trust

Industrial

Flex

Fee

N/A

479 Trade Center Parkway

Summerville

Berkeley

Loan

Triangle 54

Michael C. Baldwin 2010 Dynasty Trust

Office

Suburban

Fee

N/A

86 T.W. Alexander Drive

Durham

Loan

5, 7, 19

1890 Ranch

CTE Holdings, LP

Retail

Anchored

Fee

N/A

1335, 1401, 1501 & 1505 East Whitestone Boulevard and 1104 & 1005 C-Bar Ranch Trail

Cedar Park

Williamson

Loan

2100 River

Walter C. Bowen

Office

CBD

Fee

N/A

2100 South River Parkway

Portland

Multnomah

Loan

5, 8, 20, 21

711 Fifth Avenue

711 Fifth Ave Principal Owner LLC

Mixed Use

Office/Retail

Fee

N/A

711 Fifth Avenue

New York

Loan

8, 22

Turner Towers

N/A

Multifamily

Cooperative

Fee

N/A

135 Eastern Parkway

Brooklyn

Kings

Loan

9, 23

114 Mulberry Street

Joseph Klaynberg; Eric Brody

Mixed Use

Multifamily/Retail

Leasehold

9/30/2115

N/A

114 Mulberry Street

New York

Loan

Chasewood Technology Park

Swapnil Agarwal

Office

Suburban

Fee

N/A

20329, 20333, 20405, and 20445 State Highway 249

Houston

Harris

Loan

Interbay Self Storage – Seattle, WA

Darby Keen; Charles Wathen

Self Storage

Fee

N/A

1561 West Armory Way

Seattle

King

Loan

Superior Self Storage Pocket

Suzanne Cortney; Rachel Allenstein Serrano

Self Storage

Fee

N/A

1106 Corporate Way

Sacramento

Loan

Glendale Thunderbird Shopping Center

Cupertino Partners VI

Retail

Anchored

Fee

N/A

5860-5870 West Thunderbird Road

Glendale

Maricopa

Loan

Mission Plaza

Bradley H. Mindlin; Steven M. Firtel

Mixed Use

Industrial/Retail

Fee

N/A

993 West Valley Boulevard

Rialto

San Bernardino

Loan

5, 6

ExchangeRight Net Leased Portfolio #39

David Fisher; Joshua Ungerecht; Warren Thomas

Property

20.01

Giant Eagle - Mentor (Tyler), OH

Retail

Single Tenant

Fee

N/A

8383 Tyler Boulevard

Mentor

Lake

Property

20.02

BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA

Office

Medical

Fee

N/A

11620 Coursey Boulevard

Baton Rouge

East Baton Rouge

Property

20.03

Pick n Save - Appleton (Wisconsin), WI

Retail

Single Tenant

Fee

N/A

2400 West Wisconsin Avenue

Appleton

Outagamie

Property

20.04

Walgreens - Chesapeake (Hanbury), VA

Retail

Single Tenant

Fee

N/A

201 Hanbury Road East

Chesapeake

Chesapeake City

Property

20.05

Walgreens - Stockbridge (Hudson), GA

Retail

Single Tenant

Fee

N/A

1855 Hudson Bridge Road

Stockbridge

Henry

Property

20.06

Walgreens - Oklahoma City (NW Expressway), OK

Retail

Single Tenant

Fee

N/A

7930 Northwest Expressway

Oklahoma City

Oklahoma

Property

20.07

Tractor Supply - Ashtabula (North Ridge), OH

Retail

Single Tenant

Fee

N/A

2915 North Ridge Road East

Ashtabula

Property

20.08

Tractor Supply - Manhattan (South Port), KS

Retail

Single Tenant

Fee

N/A

8110 South Port Road

Manhattan

Pottawatomie

Property

20.09

Walgreens - Dickinson (Highway 3), TX

Retail

Single Tenant

Fee

N/A

4016 Highway 3

Dickinson

Galveston

Property

20.10

Dollar Tree - St. Louis (Dunn), MO

Retail

Single Tenant

Fee

N/A

1467 Dunn Road

St. Louis

Property

20.11

Dollar Tree - Indianapolis (10th), IN

Retail

Single Tenant

Fee

N/A

7931 West 10th Street

Indianapolis

Marion

Property

20.12

Dollar General - San Angelo (Gordon), TX

Retail

Single Tenant

Fee

N/A

950 Gordon Boulevard

San Angelo

Tom Green

Property

20.13

Dollar General - Douglasville (Cedar Mountain), GA

Retail

Single Tenant

Fee

N/A

6307 Cedar Mountain Road

Douglasville

Douglas

Property

20.14

Dollar General - San Benito (FM732), TX

Retail

Single Tenant

Fee

N/A

33007 FM 732

San Benito

Cameron

Property

20.15

Dollar General - Moore (Eastern), OK

Retail

Single Tenant

Fee

N/A

2900 North Eastern Avenue

Moore

Cleveland

Property

20.16

Dollar General - Hubbard (Main), OH

Retail

Single Tenant

Fee

N/A

2172 North Main Street

Hubbard

Trumbull

Property

20.17

Dollar General - Steubenville (OH-213), OH

Retail

Single Tenant

Fee

N/A

2760 State Route 213

Steubenville

Jefferson

Property

20.18

Dollar General - Rogersville (US-60), MO

Retail

Single Tenant

Fee

N/A

4571 US-60 AKA 4570 E Farm Road 178

Rogersville

Greene

Loan

6, 9

10 Charles Street & 35 Perry Street

Joseph Ienco

Property

21.01

10 Charles Street

Multifamily

Low Rise

Fee

N/A

10 Charles Street

New York

Property

21.02

35 Perry Street

Multifamily

Low Rise

Fee/Leasehold

N/A

35 Perry Street

New York

Loan

5, 25

Courtyard Marriott Solana Beach

Bharat K. Lall; Bharat K. Lall as Trustee of the B&H Lall Family Trust

Hospitality

Select Service

Fee

N/A

11/15/2026

717 South Highway 101

Solana Beach

San Diego

Loan

Home2 Suites - Columbus (Airport East), OH

Ratilal C. Patel

Hospitality

Extended Stay

Fee

N/A

10/31/2037

6315 East Broad Street

Columbus

Franklin

Loan

H-Mart - Carrollton, TX

Arnold Gumowitz; Morris Levy

Retail

Single Tenant

Fee

N/A

2625 Old Denton Road

Carrollton

Dallas

Loan

169-171 University Avenue

Bernhard J. Hoffacker; Neal D. Hoffacker

Mixed Use

Office/Retail

Fee

N/A

169-171 University Avenue

Palo Alto

Santa Clara

Loan

302 West 12th Street

Francis Greenburger

Retail

Unanchored

Fee

N/A

302 West 12th Street

New York

Loan

6, 7, 26

Midwest Dollar General Portfolio

Robert J. Flick

Property

27.01

Dollar General Benton H68E

Retail

Single Tenant

Fee

N/A

3728 US Highway 68 East

Benton

Marshall

Property

27.02

Dollar General Hazel

Retail

Single Tenant

Fee

N/A

6888 US Highway 641 South

Hazel

Calloway

Property

27.03

Dollar General Paducah

Retail

Single Tenant

Fee

N/A

8280 Old Mayfield Road

Paducah

McCracken

Property

27.04

Dollar General Selmer

Retail

Single Tenant

Fee

N/A

2700 Highway 64 East

Selmer

McNairy

Property

27.05

Dollar General Benton Main

Retail

Single Tenant

Fee

N/A

2675 Main Street

Benton

Marshall

Property

27.06

Dollar General Hopkinsville

Retail

Single Tenant

Fee

N/A

4845 Madisonville Road

Hopkinsville

Christian

Property

27.07

Dollar General Hartford

Retail

Single Tenant

Fee

N/A

11 J T King Road

Hartford

Ohio

Property

27.08

Dollar General Arlington

Retail

Single Tenant

Fee

N/A

6028 U.S Highway 51 South

Arlington

Carlisle

Property

27.09

Dollar General Cumberland

Retail

Single Tenant

Fee

N/A

736 Highway 149 East

Cumberland City

Stewart

Loan

Sandy City Self Storage - Sandy, UT

WoolleyEnterprises LLC; David E. Richards

Self Storage

Fee

N/A

8802 South 700 East

Sandy

Salt Lake

Loan

Ace Self Storage – Boulder, CO

Steven H. Cohen

Self Storage

Fee/Leasehold

2/28/2026

N/A

4635 Broadway & 975 Rosewood Avenue

Boulder

Loan

WAG - Dripping Springs & New Orleans

Barrett Patel

Property

30.01

Walgreens - Dripping Springs

Retail

Single Tenant

Fee

N/A

27495 Ranch Road 12

Dripping Springs

Hays

Property

30.02

Walgreens - New Orleans

Retail

Single Tenant

Fee

N/A

5702 Crowder Boulevard

New Orleans

Orleans

Loan

Peak View Park MHC

Peter J. LaBarre, Jr.

Manufactured Housing

Fee

N/A

19253 E. US-24

Woodland Park

Teller

Loan

Walgreens Tumwater

Myles P. Friel

Retail

Single Tenant

Fee

N/A

702 Trosper Road Southwest

Tumwater

Thurston

Loan

Arabi Self Storage – Arabi, LA

Paula Frazier; Clay Frazier

Self Storage

Fee

N/A

7405 & 7407 W St. Bernard Hwy

Arabi

St. Bernard

Loan

Hillcrest and Chiesa MHCs

P. Skyler Liechty

Property

34.01

Chiesa MHC

Manufactured Housing

Fee

N/A

7400 Chiesa Road

Rowlett

Dallas

Property

34.02

Hillcrest MHC

Manufactured Housing

Fee

N/A

2500 Fort Worth Drive

Denton

Loan

Riverland Estates MHC

John Provine Briggs

Manufactured Housing

Fee

N/A

15-156 Bonura Drive

Saint Rose

St. Charles

Loan

Walgreens New London CT

David Schiff; Denise Simon

Retail

Single Tenant

Fee

N/A

698 Bank Street

New London

Loan

Oak Haven Estates MHP

P. Skyler Liechty

Manufactured Housing

Fee

N/A

415 North East Street

Arlington

Tarrant

Loan

Walgreens Deltona, FL

Dinesh Ettigi Jayadevappa; Nilay Nahar; Shaun Frederick Magbuhat Aure

Retail

Single Tenant

Fee

N/A

1700 North Normandy Boulevard

Deltona

Volusia

Loan

Walgreens Aurora

Leslie Ann Airington

Retail

Single Tenant

Fee

N/A

18620 East Iliff Avenue

Aurora

Arapahoe

Loan

Villa Rose

Paul A. Ruffner

Multifamily

Garden

Fee

N/A

121, 131, 141, and 145 South 200 East and 262 East 100 South

Provo

Utah

Loan

Comerica Bank - Dallas, TX

Rowie Wiczyk

Retail

Single Tenant

Fee

N/A

5647 West Lovers Lane

Dallas

A-1-2

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property Flag	Footnotes	Loan ID	Property Name	State	Zip Code	Year Built	Year Renovated	Size	Units of Measure	Occupancy Rate⁽²⁾	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)
Loan	5, 9, 10	1	250 West 57th Street	NY	10107	1921	2017-2020	543,743	SF	79.8%	10/29/2020	$330,000,000	11/1/2020	2.8290%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	5, 7, 11, 12	2	Coleman Highline	CA	95110	2017	N/A	357,106	SF	100.0%	11/1/2020	$296,800,000	1/1/2022	2.8675%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	Yes
Loan	5, 8, 13	3	120 Wall Street	NY	10005	1929	2013	668,276	SF	95.1%	8/31/2020	$285,000,000	8/25/2020	3.2010%	0.01493%	0.00250%	0.00125%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan	5, 8, 9	4	Grace Building	NY	10036	1974	2018	1,556,972	SF	94.8%	10/19/2020	$2,150,000,000	9/8/2020	2.6921%	0.01618%	0.00250%	0.00000%	0.00250%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	6, 14	5	ExchangeRight Net Leased Portfolio #40					349,816	SF	100.0%		$88,466,000		3.4512%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Property		5.01	Kroger - North Chesterfield, VA	VA	23225	2012	N/A	119,473	SF	100.0%	11/1/2020	$14,400,000	9/16/2020
Property		5.02	CVS - New Bedford, MA	MA	02746	2008	N/A	12,900	SF	100.0%	11/1/2020	$7,900,000	9/15/2020
Property		5.03	Walgreens - Orland Park, IL	IL	60462	2001	N/A	15,120	SF	100.0%	11/1/2020	$7,100,000	9/9/2020
Property		5.04	Walgreens - Dallas, TX (S. Buckner Boulevard)	TX	75217	1998	N/A	15,120	SF	100.0%	11/1/2020	$6,450,000	9/7/2020
Property		5.05	Walgreens - Saint Clair Shores, MI	MI	48080	2005	N/A	14,820	SF	100.0%	11/1/2020	$5,620,000	9/18/2020
Property		5.06	Tractor Supply - Buford, GA	GA	30519	2020	N/A	19,097	SF	100.0%	11/1/2020	$5,175,000	9/11/2020
Property		5.07	Tractor Supply - Lambertville, MI	MI	48144	2020	N/A	19,100	SF	100.0%	11/1/2020	$4,960,000	9/16/2020
Property		5.08	CVS Pharmacy - Monaca, PA	PA	15061	2007	N/A	11,945	SF	100.0%	11/1/2020	$4,675,000	9/15/2020
Property		5.09	CVS Pharmacy - Lafayette, LA	LA	70501	2006	N/A	11,945	SF	100.0%	11/1/2020	$4,670,000	9/14/2020
Property		5.10	CVS - Kankakee, IL	IL	60901	1999	N/A	9,882	SF	100.0%	11/1/2020	$4,600,000	9/19/2020
Property		5.11	Walgreens - Decatur, GA	GA	30032	2001	N/A	15,120	SF	100.0%	11/1/2020	$3,810,000	9/19/2020
Property		5.12	CVS - Stone Mountain, GA	GA	30058	1996	N/A	10,125	SF	100.0%	11/1/2020	$3,630,000	9/19/2020
Property		5.13	O’Reilly - Theodore, AL	AL	36582	2020	N/A	7,225	SF	100.0%	11/1/2020	$1,975,000	9/14/2020
Property		5.14	Dollar Tree - Montgomery, AL	AL	36109	1999	2004; 2020	11,092	SF	100.0%	11/1/2020	$1,850,000	9/11/2020
Property		5.15	Sherwin Williams - Madison, AL	AL	35758	2020	N/A	5,000	SF	100.0%	11/1/2020	$1,850,000	9/20/2020
Property		5.16	Dollar General - Houston, TX	TX	77044	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,750,000	9/14/2020
Property		5.17	Dollar General - Plum, PA	PA	15239	2020	N/A	9,100	SF	100.0%	11/1/2020	$1,675,000	9/15/2020
Property		5.18	Autozone - Hanover, PA	PA	17331	2017	N/A	6,500	SF	100.0%	11/1/2020	$1,626,000	9/19/2020
Property		5.19	Dollar General - Bradley, IL	IL	60915	2020	N/A	9,100	SF	100.0%	11/1/2020	$1,600,000	9/9/2020
Property		5.20	Dollar General - El Paso, TX	TX	79924	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,575,000	9/10/2020
Property		5.21	Dollar General - Trafford, PA	PA	15085	2020	N/A	9,100	SF	100.0%	11/1/2020	$1,575,000	9/15/2020
Loan	5, 15	6	McDonald’s Global HQ	IL	60607	2018	N/A	575,018	SF	97.3%	11/4/2020	$409,000,000	9/28/2020	2.9350%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	5, 7, 8, 16, 17	7	The Arboretum	NC	28226	1985	2012	555,912	SF	91.9%	9/11/2020	$170,000,000	8/8/2020	3.3580%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan	9, 18	8	IFA Rotorion Building	SC	29483	2018-2020	N/A	448,765	SF	100.0%	11/1/2020	$55,470,000	9/18/2020	3.5630%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		9	Triangle 54	NC	27711	2018	N/A	151,164	SF	100.0%	11/1/2020	$54,120,000	9/22/2020	3.3570%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	5, 7, 19	10	1890 Ranch	TX	78613	2008-2011	N/A	441,583	SF	92.4%	9/30/2020	$76,400,000	12/23/2019	3.1900%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	7	No
Loan	11	11	2100 River	OR	97201	1995	2019	96,249	SF	100.0%	10/1/2020	$43,400,000	11/1/2020	3.4000%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	5, 8, 20, 21	12	711 Fifth Avenue	NY	10022	1927	2013-2019	340,024	SF	76.5%	1/31/2020	$1,000,000,000	1/23/2020	3.1600%	0.01618%	0.00250%	0.00000%	0.00250%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	8	No
Loan	8, 22	13	Turner Towers	NY	11238	1926	N/A	187	Units	100.0%	9/16/2020	$264,000,000	9/17/2020	2.3900%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	9, 23	14	114 Mulberry Street	NY	10013	2019	N/A	24	Units	91.7%	11/1/2020	$29,500,000	9/21/2020	3.9500%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	5	15	Chasewood Technology Park	TX	77070	1983; 1985; 1999; 2008	2002	463,969	SF	75.8%	6/20/2020	$70,433,459	7/21/2020	3.9140%	0.01618%	0.00250%	0.00000%	0.00250%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	2	No
Loan		16	Interbay Self Storage – Seattle, WA	WA	98119	2018	N/A	70,617	SF	95.5%	10/4/2020	$31,500,000	9/18/2020	3.2500%	0.04618%	0.00250%	0.03250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		17	Superior Self Storage Pocket	CA	95831	2001	N/A	104,131	SF	94.6%	8/14/2020	$22,580,000	8/14/2020	2.9830%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan	24	18	Glendale Thunderbird Shopping Center	AZ	85306	1999	N/A	89,195	SF	88.7%	11/10/2020	$19,830,000	6/1/2020	3.2500%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	8	No
Loan		19	Mission Plaza	CA	92316	1989	N/A	141,683	SF	92.8%	10/8/2020	$22,200,000	9/22/2020	3.6150%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	5, 6	20	ExchangeRight Net Leased Portfolio #39					331,113	SF	100.0%		$85,475,000		4.0250%	0.01618%	0.00250%	0.00000%	0.00250%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Property		20.01	Giant Eagle - Mentor (Tyler), OH	OH	44060	2018	N/A	55,601	SF	100.0%	11/1/2020	$22,000,000	8/15/2020
Property		20.02	BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA	LA	70816	2020	N/A	14,388	SF	100.0%	11/1/2020	$9,400,000	8/13/2020
Property		20.03	Pick n Save - Appleton (Wisconsin), WI	WI	54914	1995	N/A	79,711	SF	100.0%	11/1/2020	$8,150,000	8/5/2020
Property		20.04	Walgreens - Chesapeake (Hanbury), VA	VA	23322	2008	N/A	14,736	SF	100.0%	11/1/2020	$7,500,000	7/29/2020
Property		20.05	Walgreens - Stockbridge (Hudson), GA	GA	30281	2001	N/A	14,970	SF	100.0%	11/1/2020	$5,550,000	8/8/2020
Property		20.06	Walgreens - Oklahoma City (NW Expressway), OK	OK	73132	2000	N/A	15,120	SF	100.0%	11/1/2020	$5,200,000	8/6/2020
Property		20.07	Tractor Supply - Ashtabula (North Ridge), OH	OH	44004	2000	N/A	19,167	SF	100.0%	11/1/2020	$4,060,000	7/31/2020
Property		20.08	Tractor Supply - Manhattan (South Port), KS	KS	66502	2007	N/A	19,078	SF	100.0%	11/1/2020	$3,800,000	8/9/2020
Property		20.09	Walgreens - Dickinson (Highway 3), TX	TX	77539	2000	N/A	13,824	SF	100.0%	11/1/2020	$5,700,000	8/7/2020
Property		20.10	Dollar Tree - St. Louis (Dunn), MO	MO	63138	2020	N/A	10,065	SF	100.0%	11/1/2020	$1,975,000	8/5/2020
Property		20.11	Dollar Tree - Indianapolis (10th), IN	IN	46214	2018	N/A	10,139	SF	100.0%	11/1/2020	$1,650,000	8/7/2020
Property		20.12	Dollar General - San Angelo (Gordon), TX	TX	76905	2020	N/A	9,099	SF	100.0%	11/1/2020	$1,600,000	8/4/2020
Property		20.13	Dollar General - Douglasville (Cedar Mountain), GA	GA	30134	2013	N/A	9,377	SF	100.0%	11/1/2020	$1,725,000	8/8/2020
Property		20.14	Dollar General - San Benito (FM732), TX	TX	78586	2019	N/A	9,284	SF	100.0%	11/1/2020	$1,575,000	8/8/2020
Property		20.15	Dollar General - Moore (Eastern), OK	OK	73160	2018	N/A	9,100	SF	100.0%	11/1/2020	$1,460,000	8/6/2020
Property		20.16	Dollar General - Hubbard (Main), OH	OH	44425	2019	N/A	9,203	SF	100.0%	11/1/2020	$1,400,000	7/31/2020
Property		20.17	Dollar General - Steubenville (OH-213), OH	OH	43952	2019	N/A	9,145	SF	100.0%	11/1/2020	$1,330,000	8/1/2020
Property		20.18	Dollar General - Rogersville (US-60), MO	MO	65742	2020	N/A	9,106	SF	100.0%	11/1/2020	$1,400,000	8/5/2020
Loan	6, 9	21	10 Charles Street & 35 Perry Street					13	Units	100.0%		$18,900,000		3.9650%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Property		21.01	10 Charles Street	NY	10014	1920	2009	7	Units	100.0%	9/10/2020	$9,900,000	9/1/2020
Property		21.02	35 Perry Street	NY	10014	1855	2018	6	Units	100.0%	9/10/2020	$9,000,000	9/1/2020
Loan	5, 25	22	Courtyard Marriott Solana Beach	CA	92075	1990	2019	120	Rooms	83.9%	11/30/2019	$38,300,000	1/3/2020	3.6000%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	8	No
Loan		23	Home2 Suites - Columbus (Airport East), OH	OH	43213	2018	N/A	93	Rooms	78.8%	1/31/2020	$17,200,000	12/9/2019	3.7500%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	7	No
Loan		24	H-Mart - Carrollton, TX	TX	75007	2007	N/A	76,130	SF	100.0%	11/1/2020	$17,350,000	8/8/2020	3.5500%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan	9	25	169-171 University Avenue	CA	94301	1998	N/A	9,286	SF	100.0%	9/10/2020	$18,800,000	9/1/2020	2.9000%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		26	302 West 12th Street	NY	10014	1910	N/A	5,041	SF	100.0%	9/1/2020	$12,250,000	9/24/2020	3.0150%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	6, 7, 26	27	Midwest Dollar General Portfolio					79,697	SF	100.0%		$10,510,000		4.0650%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Property		27.01	Dollar General Benton H68E	KY	42025	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,210,000	8/12/2020
Property		27.02	Dollar General Hazel	KY	42049	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,200,000	8/12/2020
Property		27.03	Dollar General Paducah	KY	42003	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,200,000	8/12/2020
Property		27.04	Dollar General Selmer	TN	38375	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,190,000	8/12/2020
Property		27.05	Dollar General Benton Main	KY	42025	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,190,000	8/12/2020
Property		27.06	Dollar General Hopkinsville	KY	42240	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,160,000	8/12/2020
Property		27.07	Dollar General Hartford	KY	42347	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,150,000	8/12/2020
Property		27.08	Dollar General Arlington	KY	42021	2019	N/A	9,026	SF	100.0%	11/1/2020	$1,120,000	8/12/2020
Property		27.09	Dollar General Cumberland	TN	37050	2019	N/A	7,489	SF	100.0%	11/1/2020	$1,090,000	8/12/2020
Loan	27	28	Sandy City Self Storage - Sandy, UT	UT	84070	2018	N/A	61,765	SF	95.6%	9/9/2020	$10,160,000	9/1/2020	4.3120%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan		29	Ace Self Storage – Boulder, CO	CO	80304	1959	1983; 1984 & 1991	70,790	SF	99.6%	8/7/2020	$10,420,000	9/21/2020	3.8200%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	6	30	WAG - Dripping Springs & New Orleans					28,140	SF	100.0%		$11,460,000		3.6290%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Property		30.01	Walgreens - Dripping Springs	TX	78620	2008	N/A	13,650	SF	100.0%	11/1/2020	$6,800,000	2/17/2020
Property		30.02	Walgreens - New Orleans	LA	70127	2015	N/A	14,490	SF	100.0%	11/1/2020	$4,660,000	3/9/2020
Loan		31	Peak View Park MHC	CO	80863	1964	N/A	82	Pads	96.3%	9/8/2020	$8,580,000	8/5/2020	4.2780%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		32	Walgreens Tumwater	WA	98512	2011	N/A	14,418	SF	100.0%	11/1/2020	$8,275,000	8/7/2020	3.6100%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan	9	33	Arabi Self Storage – Arabi, LA	LA	70032	1984	2019	61,440	SF	96.9%	11/2/2020	$9,890,000	8/24/2020	3.1650%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan	6	34	Hillcrest and Chiesa MHCs					137	Pads	94.2%		$8,540,000		4.3700%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Property		34.01	Chiesa MHC	TX	75089	1972	N/A	82	Pads	100.0%	9/23/2020	$4,580,000	8/15/2020
Property		34.02	Hillcrest MHC	TX	76205	1953	N/A	55	Pads	85.5%	9/2/2020	$3,960,000	8/15/2020
Loan		35	Riverland Estates MHC	LA	70087	1975	2019-2020	117	Pads	98.3%	10/1/2020	$6,600,000	10/1/2020	3.6100%	0.09368%	0.00250%	0.08000%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		36	Walgreens New London CT	CT	06320	2008	N/A	14,550	SF	100.0%	11/1/2020	$8,100,000	8/27/2020	3.6700%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		37	Oak Haven Estates MHP	TX	76011	1960	N/A	98	Pads	92.9%	9/02/2020	$7,470,000	8/15/2020	4.3700%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		38	Walgreens Deltona, FL	FL	32725	2006	N/A	13,361	SF	100.0%	11/1/2020	$5,500,000	7/21/2020	4.2200%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	1	No
Loan	9	39	Walgreens Aurora	CO	80013	2002-2003	N/A	14,490	SF	100.0%	11/1/2020	$7,350,000	9/13/2020	3.2400%	0.05368%	0.00250%	0.04000%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		40	Villa Rose	UT	84606	1973; 1975	N/A	69	Units	98.6%	10/23/2020	$7,400,000	9/30/2020	3.4160%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No
Loan		41	Comerica Bank - Dallas, TX	TX	75209	2006	N/A	4,043	SF	100.0%	11/1/2020	$5,960,000	9/18/2020	3.1540%	0.01618%	0.00250%	0.00250%	0.00000%	0.00884%	0.00155%	0.00029%	0.00050%	Actual/360	0	No

A-1-3

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property Flag	Footnotes	Loan ID	Property Name	Original Term to Maturity (mos.)	Remaining Term to Maturity (mos.)	Original Interest-Only Period (mos.)	Remaining Interest-Only Period (mos.)	Original Amortization Term (mos.)	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)
Loan	5, 9, 10	1	250 West 57th Street	121	121	121	121	0	0	11/12/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$207,951.15	$0.00	$2,495,413.80	Hard	In Place	No	N/A	N/A
Loan	5, 7, 11, 12	2	Coleman Highline	120	120	120	120	0	0	10/30/2020	12/6/2020	N/A	11/6/2030	11/6/2032	$0.00	$205,935.62	$0.00	$2,471,227.44	Hard	Springing	No	N/A	N/A
Loan	5, 8, 13	3	120 Wall Street	120	119	120	119	0	0	10/1/2020	11/11/2020	N/A	10/11/2030	N/A	$0.00	$216,363.89	$0.00	$2,596,366.68	Hard	Springing	No	N/A	N/A
Loan	5, 8, 9	4	Grace Building	121	121	121	121	0	0	11/17/2020	12/6/2020	N/A	12/6/2030	N/A	$0.00	$170,593.14	$0.00	$2,047,117.68	Hard	Springing	No	N/A	N/A
Loan	6, 14	5	ExchangeRight Net Leased Portfolio #40	120	120	120	120	0	0	10/19/2020	12/1/2020	N/A	11/1/2030	N/A	$0.00	$158,044.19	$0.00	$1,896,530.28	Hard	Springing	No	Group 2	N/A
Property		5.01	Kroger - North Chesterfield, VA
Property		5.02	CVS - New Bedford, MA
Property		5.03	Walgreens - Orland Park, IL
Property		5.04	Walgreens - Dallas, TX (S. Buckner Boulevard)
Property		5.05	Walgreens - Saint Clair Shores, MI
Property		5.06	Tractor Supply - Buford, GA
Property		5.07	Tractor Supply - Lambertville, MI
Property		5.08	CVS Pharmacy - Monaca, PA
Property		5.09	CVS Pharmacy - Lafayette, LA
Property		5.10	CVS - Kankakee, IL
Property		5.11	Walgreens - Decatur, GA
Property		5.12	CVS - Stone Mountain, GA
Property		5.13	O’Reilly - Theodore, AL
Property		5.14	Dollar Tree - Montgomery, AL
Property		5.15	Sherwin Williams - Madison, AL
Property		5.16	Dollar General - Houston, TX
Property		5.17	Dollar General - Plum, PA
Property		5.18	Autozone - Hanover, PA
Property		5.19	Dollar General - Bradley, IL
Property		5.20	Dollar General - El Paso, TX
Property		5.21	Dollar General - Trafford, PA
Loan	5, 15	6	McDonald’s Global HQ	120	120	0	0	270	270	10/29/2020	12/1/2020	N/A	11/1/2030	N/A	$336,857.10	$0.00	4,042,285.20	$0.00	Hard	In place	No	N/A	1.46x
Loan	5, 7, 8, 16, 17	7	The Arboretum	120	119	0	0	360	359	10/1/2020	11/11/2020	N/A	10/11/2030	N/A	$176,462.29	$0.00	2,117,547.48	$0	Hard	In Place	No	N/A	1.81x
Loan	9, 18	8	IFA Rotorion Building	121	121	121	121	0	0	11/10/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$102,925.75	$0.00	$1,235,109.00	Hard	In Place	No	Group 1	N/A
Loan		9	Triangle 54	120	120	120	120	0	0	10/29/2020	12/1/2020	N/A	11/1/2030	N/A	$0.00	$91,421.37	$0.00	$1,097,056.44	Hard	In Place	No	Group 1	N/A
Loan	5, 7, 19	10	1890 Ranch	120	113	36	29	360	360	3/6/2020	5/1/2020	5/1/2023	4/1/2030	N/A	$129,576.03	$80,857.64	1,554,912.36	$970,291.68	Hard	Springing	No	N/A	2.32x
Loan	11	11	2100 River	120	120	120	120	0	0	10/16/2020	12/11/2020	N/A	11/11/2030	N/A	$0.00	$80,435.19	$0.00	$965,222.28	Soft	Springing	No	N/A	N/A
Loan	5, 8, 20, 21	12	711 Fifth Avenue	120	112	120	112	0	0	3/6/2020	4/6/2020	N/A	3/6/2030	N/A	$0.00	$68,082.64	$0.00	$816,991.68	Hard	Springing	No	N/A	N/A
Loan	8, 22	13	Turner Towers	120	120	0	0	360	360	10/29/2020	12/1/2020	N/A	11/1/2030	N/A	$97,356.40	$0.00	1,168,276.80	$0	N/A	N/A	No	N/A	5.65x
Loan	9, 23	14	114 Mulberry Street	121	121	121	121	0	0	11/2/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$57,736.75	$0.00	$692,841.00	Springing	Springing	No	N/A	N/A
Loan	5	15	Chasewood Technology Park	120	118	12	10	360	360	8/28/2020	10/1/2020	10/1/2021	9/1/2030	N/A	$75,595.30	$52,911.48	907,143.60	$634,937.76	Springing	Springing	No	N/A	2.02x
Loan		16	Interbay Self Storage – Seattle, WA	120	120	120	120	0	0	10/19/2020	12/1/2020	N/A	11/1/2030	N/A	$0.00	$41,189.24	$0.00	$494,270.88	Springing	Springing	No	N/A	N/A
Loan		17	Superior Self Storage Pocket	120	119	120	119	0	0	9/30/2020	11/11/2020	N/A	10/11/2030	N/A	$0.00	$31,882.54	$0.00	$382,590.48	Springing	Springing	No	N/A	N/A
Loan	24	18	Glendale Thunderbird Shopping Center	120	112	120	112	0	0	2/28/2020	4/1/2020	N/A	3/1/2030	N/A	$0.00	$33,555.50	$0.00	$402,666.00	Springing	Springing	No	N/A	N/A
Loan		19	Mission Plaza	120	120	60	60	360	360	10/28/2020	12/1/2020	12/1/2025	11/1/2030	N/A	$54,658.64	$36,652.08	655,903.68	$439,824.96	Springing	Springing	No	N/A	1.81x
Loan	5, 6	20	ExchangeRight Net Leased Portfolio #39	120	119	120	119	0	0	9/2/2020	11/1/2020	N/A	10/1/2030	N/A	$0.00	$40,809.03	$0.00	$489,708.36	Hard	Springing	No	Group 2	N/A
Property		20.01	Giant Eagle - Mentor (Tyler), OH
Property		20.02	BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA
Property		20.03	Pick n Save - Appleton (Wisconsin), WI
Property		20.04	Walgreens - Chesapeake (Hanbury), VA
Property		20.05	Walgreens - Stockbridge (Hudson), GA
Property		20.06	Walgreens - Oklahoma City (NW Expressway), OK
Property		20.07	Tractor Supply - Ashtabula (North Ridge), OH
Property		20.08	Tractor Supply - Manhattan (South Port), KS
Property		20.09	Walgreens - Dickinson (Highway 3), TX
Property		20.10	Dollar Tree - St. Louis (Dunn), MO
Property		20.11	Dollar Tree - Indianapolis (10th), IN
Property		20.12	Dollar General - San Angelo (Gordon), TX
Property		20.13	Dollar General - Douglasville (Cedar Mountain), GA
Property		20.14	Dollar General - San Benito (FM732), TX
Property		20.15	Dollar General - Moore (Eastern), OK
Property		20.16	Dollar General - Hubbard (Main), OH
Property		20.17	Dollar General - Steubenville (OH-213), OH
Property		20.18	Dollar General - Rogersville (US-60), MO
Loan	6, 9	21	10 Charles Street & 35 Perry Street	121	121	121	121	0	0	11/3/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$39,530.68	$0.00	$474,368.16	Springing	Springing	No	N/A	N/A
Property		21.01	10 Charles Street
Property		21.02	35 Perry Street
Loan	5, 25	22	Courtyard Marriott Solana Beach	120	112	0	0	360	352	2/27/2020	4/11/2020	N/A	3/11/2030	N/A	$52,284.21	$0.00	627,410.52	$0	Springing	Springing	No	N/A	2.31x
Loan		23	Home2 Suites - Columbus (Airport East), OH	120	113	0	0	360	353	3/6/2020	5/1/2020	N/A	4/1/2030	N/A	$50,942.72	$0.00	611,312.64	$0.00	Springing	Springing	No	N/A	2.45x
Loan		24	H-Mart - Carrollton, TX	120	119	120	119	0	0	9/9/2020	11/1/2020	N/A	10/1/2030	N/A	$0.00	$23,995.37	$0.00	$287,944.44	Springing	Springing	No	N/A	N/A
Loan	9	25	169-171 University Avenue	121	121	121	121	0	0	11/4/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$18,131.71	$0.00	$217,580.52	Springing	Springing	No	N/A	N/A
Loan		26	302 West 12th Street	120	120	120	120	0	0	11/3/2020	12/11/2020	N/A	11/11/2030	N/A	$0.00	$17,831.77	$0.00	$213,981.24	Springing	Springing	No	N/A	N/A
Loan	6, 7, 26	27	Midwest Dollar General Portfolio	120	119	24	23	360	360	9/15/2020	11/1/2020	11/1/2022	10/1/2030	N/A	$32,868.26	$23,461.06	394,419.12	$281,532.72	Springing	Springing	No	N/A	1.72x
Property		27.01	Dollar General Benton H68E
Property		27.02	Dollar General Hazel
Property		27.03	Dollar General Paducah
Property		27.04	Dollar General Selmer
Property		27.05	Dollar General Benton Main
Property		27.06	Dollar General Hopkinsville
Property		27.07	Dollar General Hartford
Property		27.08	Dollar General Arlington
Property		27.09	Dollar General Cumberland
Loan	27	28	Sandy City Self Storage - Sandy, UT	120	119	120	119	0	0	10/1/2020	11/1/2020	N/A	10/1/2030	N/A	$0.00	$23,134.58	$0.00	$277,614.96	Springing	Springing	No	N/A	N/A
Loan		29	Ace Self Storage – Boulder, CO	120	120	120	120	0	0	10/26/2020	12/1/2020	N/A	11/1/2030	N/A	$0.00	$19,930.10	$0.00	$239,161.20	Springing	Springing	No	N/A	N/A
Loan	6	30	WAG - Dripping Springs & New Orleans	120	119	0	0	360	359	9/29/2020	11/11/2020	N/A	10/11/2030	N/A	$27,650.35	$0.00	331,804.20	$0	Springing	Springing	No	N/A	1.92x
Property		30.01	Walgreens - Dripping Springs
Property		30.02	Walgreens - New Orleans
Loan		31	Peak View Park MHC	120	120	36	36	360	360	10/15/2020	12/1/2020	12/1/2023	11/1/2030	N/A	$27,640.51	$20,241.28	331,686.12	$242,895.36	Springing	Springing	No	N/A	1.40x
Loan		32	Walgreens Tumwater	120	119	120	119	0	0	9/24/2020	11/1/2020	N/A	10/1/2030	N/A	$0.00	$16,058.86	$0.00	$192,706.32	Springing	Springing	No	N/A	N/A
Loan	9	33	Arabi Self Storage – Arabi, LA	121	121	121	121	0	0	11/3/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$12,033.59	$0.00	$144,403.08	Springing	Springing	No	N/A	N/A
Loan	6	34	Hillcrest and Chiesa MHCs	120	120	12	12	360	360	10/7/2020	12/1/2020	12/1/2021	11/1/2030	N/A	$22,454.57	$16,615.10	269,454.84	$199,381.20	Springing	Springing	No	Group 3	1.63x
Property		34.01	Chiesa MHC
Property		34.02	Hillcrest MHC
Loan		35	Riverland Estates MHC	120	120	36	36	360	360	10/23/2020	12/1/2020	12/1/2023	11/1/2030	N/A	$20,484.34	$13,725.52	245,812.08	$164,706.24	Springing	Springing	No	N/A	1.75x
Loan		36	Walgreens New London CT	120	120	120	120	0	0	10/27/2020	12/1/2020	N/A	11/1/2030	N/A	$0.00	$13,364.49	$0.00	$160,373.88	Springing	Springing	No	N/A	N/A
Loan		37	Oak Haven Estates MHP	120	120	12	12	360	360	10/7/2020	12/1/2020	12/1/2021	11/01/2030	N/A	$19,710.12	$14,584.37	236,521.44	$175,012.44	Springing	Springing	No	Group 3	1.47x
Loan		38	Walgreens Deltona, FL	120	119	120	119	0	0	9/2/2020	11/1/2020	N/A	10/1/2030	N/A	$0.00	$12,657.56	$0.00	$151,890.72	Springing	Springing	No	N/A	N/A
Loan	9	39	Walgreens Aurora	121	121	121	121	0	0	11/2/2020	12/1/2020	N/A	12/1/2030	N/A	$0.00	$9,581.25	$0.00	$114,975.00	Springing	Springing	No	N/A	N/A
Loan		40	Villa Rose	120	120	120	120	0	0	11/3/2020	12/11/2020	N/A	11/11/2030	N/A	$0.00	$9,813.09	$0.00	$117,757.08	Springing	Springing	No	N/A	N/A
Loan		41	Comerica Bank - Dallas, TX	120	120	120	120	0	0	11/4/2020	12/11/2020	N/A	11/11/2030	N/A	$0.00	$7,994.51	$0.00	$95,934.12	Springing	Springing	No	N/A	N/A

A-1-4

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property
Flag

Footnotes

Loan ID

Property Name

UW NOI
DSCR (IO)

UW NCF
DSCR (P&I)

UW NCF
DSCR (IO)

Cut-Off Date
LTV Ratio

Maturity Date LTV Ratio

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

Loan

5, 9, 10

250 West 57th Street

3.85x

N/A

3.49x

54.5%

First

LO(24);DEF(90);O(7)

$32,704,841

$13,558,692

$19,146,149

12/31/2018

10.6%

$34,542,482

$15,564,019

$18,978,463

12/31/2019

Loan

5, 7, 11, 12

Coleman Highline

3.18x

N/A

3.18x

56.5%

Sixth

YM0.5(24);DEF/YM0.5(89);O(7)

N/A

Loan

5, 8, 13

120 Wall Street

2.88x

N/A

2.74x

57.9%

Eleventh

YM(25);DEF/YM(91);O(4)

$23,299,486

$13,252,949

$10,046,537

12/31/2018

6.1%

$26,193,303

$13,240,969

$12,952,334

12/31/2019

Loan

5, 8, 9

Grace Building

4.33x

N/A

4.25x

41.1%

Sixth

LO(24);DEF/YM1(90);O(7)

$122,739,552

$49,532,888

$73,206,665

12/31/2018

8.3%

$102,917,243

$50,379,050

$52,538,193

12/31/2019

Loan

6, 14

ExchangeRight Net Leased Portfolio #40

2.52x

N/A

2.44x

61.3%

First

LO(24);DEF(92);O(4)

N/A

Property

5.01

Kroger - North Chesterfield, VA

N/A

Property

5.02

CVS - New Bedford, MA

N/A

Property

5.03

Walgreens - Orland Park, IL

N/A

Property

5.04

Walgreens - Dallas, TX (S. Buckner Boulevard)

N/A

Property

5.05

Walgreens - Saint Clair Shores, MI

N/A

Property

5.06

Tractor Supply - Buford, GA

N/A

Property

5.07

Tractor Supply - Lambertville, MI

N/A

Property

5.08

CVS Pharmacy - Monaca, PA

N/A

Property

5.09

CVS Pharmacy - Lafayette, LA

N/A

Property

5.10

CVS - Kankakee, IL

N/A

Property

5.11

Walgreens - Decatur, GA

N/A

Property

5.12

CVS - Stone Mountain, GA

N/A

Property

5.13

O’Reilly - Theodore, AL

N/A

Property

5.14

Dollar Tree - Montgomery, AL

N/A

Property

5.15

Sherwin Williams - Madison, AL

N/A

Property

5.16

Dollar General - Houston, TX

N/A

Property

5.17

Dollar General - Plum, PA

N/A

Property

5.18

Autozone - Hanover, PA

N/A

Property

5.19

Dollar General - Bradley, IL

N/A

Property

5.20

Dollar General - El Paso, TX

N/A

Property

5.21

Dollar General - Trafford, PA

N/A

Loan

5, 15

McDonald’s Global HQ

N/A

1.45x

N/A

41.6%

17.1%

First

LO(24);DEF(92);O(4)

N/A

$20,415,976

$12,520,615

$7,895,362

12/31/2019

Loan

5, 7, 8, 16, 17

The Arboretum

N/A

1.70x

N/A

58.7%

45.7%

Eleventh

LO(25);DEF(91);O(4)

$14,303,223

$3,580,319

$10,722,904

12/31/2018

10.7%

$14,261,611

$3,734,656

$10,526,955

12/31/2019

Loan

9, 18

IFA Rotorion Building

2.56x

N/A

2.38x

61.6%

First

LO(24);DEF(93);O(4)

N/A

Loan

Triangle 54

2.87x

N/A

2.54x

59.6%

First

LO(24);DEF(92);O(4)

N/A

Loan

5, 7, 19

1890 Ranch

3.71x

2.17x

3.48x

66.2%

56.3%

First

LO(24);YM1(89);O(7)

N/A

Loan

2100 River

2.66x

N/A

2.49x

64.5%

Eleventh

LO(24);DEF(92);O(4)

$4,001,114

$1,409,516

$2,591,598

12/31/2018

9.3%

$3,728,454

$1,454,234

$2,274,220

12/31/2019

Loan

5, 8, 20, 21

711 Fifth Avenue

2.94x

N/A

2.90x

54.5%

Sixth

LO(32);DEF(81);O(7)

$63,038,695

$18,950,129

$44,088,566

12/31/2018

8.1%

$69,563,590

$20,967,241

$48,596,349

12/31/2019

Loan

8, 22

Turner Towers

N/A

5.61x

N/A

9.5%

7.1%

First

LO(24);DEF(91);O(5)

N/A

Loan

9, 23

114 Mulberry Street

1.70x

N/A

1.69x

58.6%

First

LO(24);DEF(90);O(7)

N/A

Loan

Chasewood Technology Park

2.89x

1.73x

2.47x

65.3%

53.5%

First

LO(23);YM1(92);O(5)

$10,734,914

$5,416,456

$5,318,458

12/31/2017

11.6%

$10,879,058

$5,376,016

$5,503,042

12/31/2018

Loan

Interbay Self Storage – Seattle, WA

2.80x

N/A

2.78x

47.6%

First

LO(24);DEF(89);O(7)

N/A

$1,005,507

$459,377

$546,130

12/31/2019

Loan

Superior Self Storage Pocket

3.21x

N/A

3.19x

56.0%

Eleventh

LO(25);DEF(91);O(4)

$1,574,198

$433,571

$1,140,627

12/31/2018

9.0%

$1,671,118

$438,553

$1,232,565

12/31/2019

Loan

Glendale Thunderbird Shopping Center

3.19x

N/A

2.94x

61.6%

First

LO(32);DEF(81);O(7)

$1,398,984

$409,939

$989,045

12/31/2018

8.1%

$862,811

$402,600

$460,211

12/31/2019

Loan

Mission Plaza

2.70x

1.67x

2.49x

54.1%

48.8%

First

LO(24);DEF(91);O(5)

$1,579,621

$467,454

$1,112,168

12/31/2018

9.3%

$1,664,140

$496,881

$1,167,260

12/31/2019

Loan

5, 6

ExchangeRight Net Leased Portfolio #39

2.41x

N/A

2.35x

58.1%

First

LO(25);DEF(91);O(4)

N/A

Property

20.01

Giant Eagle - Mentor (Tyler), OH

N/A

Property

20.02

BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA

N/A

Property

20.03

Pick n Save - Appleton (Wisconsin), WI

N/A

Property

20.04

Walgreens - Chesapeake (Hanbury), VA

N/A

Property

20.05

Walgreens - Stockbridge (Hudson), GA

N/A

Property

20.06

Walgreens - Oklahoma City (NW Expressway), OK

N/A

Property

20.07

Tractor Supply - Ashtabula (North Ridge), OH

N/A

Property

20.08

Tractor Supply - Manhattan (South Port), KS

N/A

Property

20.09

Walgreens - Dickinson (Highway 3), TX

N/A

Property

20.10

Dollar Tree - St. Louis (Dunn), MO

N/A

Property

20.11

Dollar Tree - Indianapolis (10th), IN

N/A

Property

20.12

Dollar General - San Angelo (Gordon), TX

N/A

Property

20.13

Dollar General - Douglasville (Cedar Mountain), GA

N/A

Property

20.14

Dollar General - San Benito (FM732), TX

N/A

Property

20.15

Dollar General - Moore (Eastern), OK

N/A

Property

20.16

Dollar General - Hubbard (Main), OH

N/A

Property

20.17

Dollar General - Steubenville (OH-213), OH

N/A

Property

20.18

Dollar General - Rogersville (US-60), MO

N/A

Loan

6, 9

10 Charles Street & 35 Perry Street

1.69x

N/A

1.68x

62.4%

First

LO(24);DEF(93);O(4)

$585,340

$116,300

$469,040

12/31/2018

4.0%

$888,518

$147,950

$740,568

12/31/2019

Property

21.01

10 Charles Street

$585,340

$116,300

$469,040

12/31/2018

$512,100

$82,376

$429,724

12/31/2019

Property

21.02

35 Perry Street

N/A

$376,418

$65,574

$310,844

12/31/2019

Loan

5, 25

Courtyard Marriott Solana Beach

N/A

2.11x

N/A

67.1%

53.3%

Eleventh

LO(32);DEF(84);O(4)

$6,594,807

$3,553,200

$3,041,607

12/31/2017

11.8%

$7,040,861

$3,698,255

$3,342,606

12/31/2018

Loan

Home2 Suites - Columbus (Airport East), OH

N/A

2.25x

N/A

63.3%

50.5%

First

LO(31);DEF(84);O(5)

N/A

Loan

H-Mart - Carrollton, TX

3.59x

N/A

3.33x

46.1%

First

LO(25);DEF(91);O(4)

$1,053,618

$23,114

$1,030,504

12/31/2018

12.9%

$1,074,690

$23,445

$1,051,245

12/31/2019

Loan

169-171 University Avenue

4.04x

N/A

3.82x

39.4%

First

LO(24);DEF(92);O(5)

$949,589

$100,761

$848,828

12/31/2018

11.5%

$987,899

$109,748

$878,151

12/31/2019

Loan

302 West 12th Street

3.69x

N/A

3.60x

57.1%

Eleventh

LO(24);DEF(91);O(5)

$1,171,116

$437,562

$733,554

12/31/2018

10.5%

$1,155,676

$441,602

$714,074

12/31/2019

Loan

6, 7, 26

Midwest Dollar General Portfolio

2.41x

1.69x

2.37x

65.0%

55.0%

First

LO(23);YM1(93);O(4)

N/A

Property

27.01

Dollar General Benton H68E

N/A

Property

27.02

Dollar General Hazel

N/A

Property

27.03

Dollar General Paducah

N/A

Property

27.04

Dollar General Selmer

N/A

Property

27.05

Dollar General Benton Main

N/A

Property

27.06

Dollar General Hopkinsville

N/A

Property

27.07

Dollar General Hartford

N/A

Property

27.08

Dollar General Arlington

N/A

Property

27.09

Dollar General Cumberland

N/A

Loan

Sandy City Self Storage - Sandy, UT

1.81x

N/A

1.79x

62.5%

First

LO(25);YM1(91);O(4)

N/A

$466,995

$164,571

$302,424

12/31/2019

Loan

Ace Self Storage – Boulder, CO

2.40x

N/A

2.36x

59.3%

First

LO(24);DEF(92);O(4)

$962,259

$416,356

$545,903

12/31/2018

8.8%

$969,496

$427,328

$542,168

12/31/2019

Loan

WAG - Dripping Springs & New Orleans

N/A

1.92x

N/A

52.8%

41.5%

Eleventh

LO(25);DEF(91);O(4)

N/A

Property

30.01

Walgreens - Dripping Springs

N/A

Property

30.02

Walgreens - New Orleans

N/A

Loan

Peak View Park MHC

1.91x

1.38x

1.88x

65.3%

57.0%

First

LO(24);DEF/YM1(92);O(4)

$524,913

$112,334

$412,579

12/31/2018

7.4%

$574,333

$118,695

$455,638

12/31/2019

Loan

Walgreens Tumwater

2.47x

N/A

2.46x

63.6%

First

LO(25);DEF(91);O(4)

$476,000

12/31/2018

9.0%

$476,000

12/31/2019

Loan

Arabi Self Storage – Arabi, LA

3.89x

N/A

3.83x

45.5%

First

LO(24);DEF(93);O(4)

$794,762

$254,966

$539,796

12/31/2018

12.0%

$866,758

$301,002

$565,756

12/31/2019

Loan

Hillcrest and Chiesa MHCs

2.20x

1.60x

2.17x

52.7%

43.7%

First

LO(24);DEF(91);O(5)

$870,685

$453,304

$417,381

12/31/2018

9.3%

$893,858

$462,176

$431,682

12/31/2019

Property

34.01

Chiesa MHC

$552,541

$288,547

$263,994

12/31/2018

$564,655

$294,405

$270,249

12/31/2019

Property

34.02

Hillcrest MHC

$318,144

$164,757

$153,387

12/31/2018

$329,203

$167,771

$161,433

12/31/2019

Loan

Riverland Estates MHC

2.62x

1.73x

2.59x

68.2%

58.5%

First

LO(24);DEF(92);O(4)

$447,975

$92,907

$355,068

12/31/2018

7.9%

$474,677

$89,124

$385,553

12/31/2019

Loan

Walgreens New London CT

2.87x

N/A

2.70x

53.2%

First

LO(23);YM1(93);O(4)

$485,000

12/31/2018

11.3%

$485,000

12/31/2019

Loan

Oak Haven Estates MHP

1.98x

1.45x

1.96x

52.9%

43.9%

First

LO(24);DEF(91);O(5)

$591,587

$219,780

$371,807

12/31/2018

9.4%

$642,771

$305,918

$336,853

12/31/2019

Loan

Walgreens Deltona, FL

2.00x

N/A

1.99x

64.5%

First

LO(25);DEF(90);O(5)

$321,668

$36,668

$285,000

12/31/2018

8.0%

$324,066

$39,066

$285,000

12/31/2019

Loan

Walgreens Aurora

3.27x

N/A

3.25x

47.6%

First

LO(24);YM1(93);O(4)

$368,124

12/31/2018

10.5%

$368,124

12/31/2019

Loan

Villa Rose

3.62x

N/A

3.36x

45.9%

Eleventh

LO(24);DEF(92);O(4)

$628,645

$238,700

$389,945

12/31/2018

11.5%

$679,046

$245,399

$433,647

12/31/2019

Loan

Comerica Bank - Dallas, TX

3.15x

N/A

3.14x

50.3%

Eleventh

LO(24);YM1(92);O(4)

N/A

A-1-5

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property Flag	Footnotes	Loan ID	Property Name	Second Most Recent NOI Debt Yield	Most Recent Revenues	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, 10	1	250 West 57th Street	10.5%	$34,781,901	$15,516,592	$19,265,309	6/30/2020 TTM	10.7%	79.8%	$36,164,898	$16,274,317	$19,890,581	11.1%	$114,186	$1,764,050	$18,012,345	10.0%	American Society of Composers, Authors and Publishers
Loan	5, 7, 11, 12	2	Coleman Highline	N/A	N/A	N/A	N/A	N/A	N/A	95.0%	$21,742,740	$6,234,846	$15,507,894	9.2%	$0	$0	$15,507,894	9.2%	Roku
Loan	5, 8, 13	3	120 Wall Street	7.8%	$26,254,913	$13,064,624	$13,190,289	7/31/2020 TTM	8.0%	93.6%	$28,608,590	$13,183,745	$15,424,845	9.3%	$100,241	$668,276	$14,656,328	8.9%	Droga5, LLC
Loan	5, 8, 9	4	Grace Building	5.9%	$97,004,029	$50,731,490	$46,272,539	9/30/2020 TTM	5.2%	95.4%	$157,612,989	$53,319,272	$104,293,717	11.8%	$389,243	$1,556,972	$102,347,502	11.6%	Bank of America, N.A.
Loan	6, 14	5	ExchangeRight Net Leased Portfolio #40	N/A	N/A	N/A	N/A	N/A	N/A	95.0%	$4,928,644	$147,859	$4,780,784	8.8%	$52,472	$93,605	$4,634,707	8.6%
Property		5.01	Kroger - North Chesterfield, VA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Kroger - North Chesterfield, VA
Property		5.02	CVS - New Bedford, MA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		CVS - New Bedford, MA
Property		5.03	Walgreens - Orland Park, IL		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens - Orland Park, IL
Property		5.04	Walgreens - Dallas, TX (S. Buckner Boulevard)		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens - Dallas, TX (S. Buckner Boulevard)
Property		5.05	Walgreens - Saint Clair Shores, MI		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens - Saint Clair Shores, MI
Property		5.06	Tractor Supply - Buford, GA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Tractor Supply - Buford, GA
Property		5.07	Tractor Supply - Lambertville, MI		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Tractor Supply - Lambertville, MI
Property		5.08	CVS Pharmacy - Monaca, PA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		CVS Pharmacy - Monaca, PA
Property		5.09	CVS Pharmacy - Lafayette, LA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		CVS Pharmacy - Lafayette, LA
Property		5.10	CVS - Kankakee, IL		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		CVS - Kankakee, IL
Property		5.11	Walgreens - Decatur, GA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens - Decatur, GA
Property		5.12	CVS - Stone Mountain, GA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		CVS - Stone Mountain, GA
Property		5.13	O’Reilly - Theodore, AL		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		O’Reilly - Theodore, AL
Property		5.14	Dollar Tree - Montgomery, AL		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar Tree - Montgomery, AL
Property		5.15	Sherwin Williams - Madison, AL		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Sherwin Williams - Madison, AL
Property		5.16	Dollar General - Houston, TX		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General - Houston, TX
Property		5.17	Dollar General - Plum, PA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General - Plum, PA
Property		5.18	Autozone - Hanover, PA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Autozone - Hanover, PA
Property		5.19	Dollar General - Bradley, IL		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General - Bradley, IL
Property		5.20	Dollar General - El Paso, TX		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General - El Paso, TX
Property		5.21	Dollar General - Trafford, PA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General - Trafford, PA
Loan	5, 15	6	McDonald’s Global HQ	4.6%	$24,482,435	$13,669,779	$10,812,656	8/31/2020 TTM	6.4%	95.0%	$35,092,657	$15,037,235	$20,055,422	11.8%	$57,502	$50,254	$19,947,666	11.7%	McDonald’s
Loan	5, 7, 8, 16, 17	7	The Arboretum	10.5%	$13,402,026	$3,593,488	$9,808,538	8/31/2020 TTM	9.8%	93.4%	$13,348,804	$3,759,022	$9,589,782	9.6%	$211,247	$355,912	$9,022,624	9.0%	Walmart
Loan	9, 18	8	IFA Rotorion Building	N/A	N/A	N/A	N/A	N/A	N/A	95.0%	$4,125,821	$960,112	$3,165,709	9.3%	$67,315	$159,248	$2,939,146	8.6%	IFA Rotorion North America LLC
Loan		9	Triangle 54	N/A	N/A	N/A	N/A	N/A	N/A	95.0%	$4,245,962	$1,098,477	$3,147,485	9.8%	$30,233	$330,595	$2,786,657	8.6%	RHO Inc
Loan	5, 7, 19	10	1890 Ranch	N/A	N/A	N/A	N/A	N/A	N/A	88.1%	$10,321,892	$4,245,649	$6,076,243	12.0%	$69,591	$313,524	$5,693,128	11.2%	Academy Sports + Outdoors
Loan	11	11	2100 River	8.1%	$3,524,854	$1,450,120	$2,074,734	6/30/2020 TTM	7.4%	95.0%	$4,025,453	$1,457,239	$2,568,214	9.2%	$24,062	$144,374	$2,399,779	8.6%	David Evans & Associates
Loan	5, 8, 20, 21	12	711 Fifth Avenue	8.9%	$69,060,254	$21,771,999	$47,288,255	3/31/2020 TTM	8.7%	90.6%	$74,193,553	$22,888,769	$51,304,783	9.4%	$85,006	$544,350	$50,675,427	9.3%	SunTrust Banks
Loan	8, 22	13	Turner Towers	N/A	N/A	N/A	N/A	N/A	N/A	94.9%	$10,826,315	$4,226,328	$6,599,987	26.4%	$50,005	$0	$6,549,982	26.2%	N/A
Loan	9, 23	14	114 Mulberry Street	N/A	$1,163,703	$371,819	$791,884	8/31/2020 TTM	4.6%	95.0%	$1,631,886	$452,474	$1,179,412	6.8%	$7,149	$0	$1,172,263	6.8%	Wonderworks Construction Corp
Loan	5	15	Chasewood Technology Park	12.0%	$10,920,349	$4,955,473	$5,964,876	12/31/2019	13.0%	73.6%	$11,143,868	$5,876,236	$5,267,633	11.5%	$92,794	$665,549	$4,509,290	9.8%	Branch Banking & Trust
Loan		16	Interbay Self Storage – Seattle, WA	3.6%	$1,550,181	$529,141	$1,021,040	9/30/2020 TTM	6.8%	89.4%	$1,932,570	$546,168	$1,386,402	9.2%	$10,185	$0	$1,376,217	9.2%	N/A
Loan		17	Superior Self Storage Pocket	9.7%	$1,686,547	$454,218	$1,232,329	7/31/2020 TTM	9.7%	93.5%	$1,686,547	$457,576	$1,228,971	9.7%	$10,125	$0	$1,218,846	9.6%	N/A
Loan	24	18	Glendale Thunderbird Shopping Center	3.8%	$702,571	$259,589	$442,982	9/30/2020 YTD	3.6%	86.7%	$1,702,810	$419,881	$1,282,929	10.5%	$17,839	$79,241	$1,185,849	9.7%	EOS Fitness
Loan		19	Mission Plaza	9.7%	$1,668,065	$493,022	$1,175,043	9/30/2020 TTM	9.8%	92.5%	$1,693,839	$505,948	$1,187,890	9.9%	$18,879	$75,092	$1,093,919	9.1%	Night Motorsport, LLC
Loan	5, 6	20	ExchangeRight Net Leased Portfolio #39	N/A	N/A	N/A	N/A	N/A	N/A	95.0%	$5,031,769	$150,953	$4,880,816	9.8%	$24,995	$93,239	$4,762,582	9.6%
Property		20.01	Giant Eagle - Mentor (Tyler), OH		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Giant Eagle
Property		20.02	BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		BioLife Plasma Services L.P.
Property		20.03	Pick n Save - Appleton (Wisconsin), WI		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Pick n Save
Property		20.04	Walgreens - Chesapeake (Hanbury), VA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens
Property		20.05	Walgreens - Stockbridge (Hudson), GA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens
Property		20.06	Walgreens - Oklahoma City (NW Expressway), OK		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens
Property		20.07	Tractor Supply - Ashtabula (North Ridge), OH		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Tractor Supply
Property		20.08	Tractor Supply - Manhattan (South Port), KS		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Tractor Supply
Property		20.09	Walgreens - Dickinson (Highway 3), TX		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Walgreens
Property		20.10	Dollar Tree - St. Louis (Dunn), MO		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar Tree
Property		20.11	Dollar Tree - Indianapolis (10th), IN		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar Tree
Property		20.12	Dollar General - San Angelo (Gordon), TX		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Property		20.13	Dollar General - Douglasville (Cedar Mountain), GA		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Property		20.14	Dollar General - San Benito (FM732), TX		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Property		20.15	Dollar General - Moore (Eastern), OK		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Property		20.16	Dollar General - Hubbard (Main), OH		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Property		20.17	Dollar General - Steubenville (OH-213), OH		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Property		20.18	Dollar General - Rogersville (US-60), MO		N/A	N/A	N/A	N/A		N/A	N/A	N/A	N/A		N/A	N/A	N/A		Dollar General
Loan	6, 9	21	10 Charles Street & 35 Perry Street	6.3%	$980,600	$150,296	$830,304	10/31/2020 TTM	7.0%	95.0%	$967,860	$165,443	$802,417	6.8%	$3,783	$0	$798,633	6.8%
Property		21.01	10 Charles Street		$509,700	$82,372	$427,328	10/31/2020 TTM		95.0%	$509,580	$93,336	$416,244		$2,283	$0	$413,961		N/A
Property		21.02	35 Perry Street		$470,900	$67,924	$402,976	10/31/2020 TTM		95.0%	$458,280	$72,107	$386,173		$1,500	$0	$384,673		N/A
Loan	5, 25	22	Courtyard Marriott Solana Beach	13.0%	$7,057,100	$3,602,493	$3,454,607	11/30/2019 TTM	13.4%	83.9%	$7,057,100	$3,780,055	$3,277,045	12.8%	$282,284	$0	$2,994,761	11.7%	N/A
Loan		23	Home2 Suites - Columbus (Airport East), OH	N/A	$3,072,345	$1,585,197	$1,487,148	1/31/2020 TTM	13.7%	78.8%	$3,065,260	$1,566,338	$1,498,922	13.8%	$122,610	$0	$1,376,312	12.6%	N/A
Loan		24	H-Mart - Carrollton, TX	13.1%	$1,087,124	$18,506	$1,068,618	7/28/2020 T-7 Ann.	13.4%	95.0%	$1,074,492	$39,480	$1,035,012	12.9%	$25,884	$50,246	$958,882	12.0%	H Mart
Loan	9	25	169-171 University Avenue	11.9%	$1,035,863	$99,087	$936,776	9/30/2020 T-9 Ann.	12.7%	95.0%	$1,065,554	$186,811	$878,743	11.9%	$2,221	$44,759	$831,764	11.2%	Banco Santander, S.A.
Loan		26	302 West 12th Street	10.2%	$1,173,176	$477,631	$695,545	8/31/2020 TTM	9.9%	95.0%	$1,222,957	$432,604	$790,354	11.3%	$807	$19,459	$770,089	11.0%	Chase Bank
Loan	6, 7, 26	27	Midwest Dollar General Portfolio	N/A	N/A	N/A	N/A	N/A	N/A	98.0%	$755,081	$77,124	$677,957	9.9%	$11,955	$0	$666,003	9.7%
Property		27.01	Dollar General Benton H68E		N/A	N/A	N/A	N/A		98.0%	$88,823	$10,820	$78,003		$1,354	$0	$76,649		Dollar General
Property		27.02	Dollar General Hazel		N/A	N/A	N/A	N/A		98.0%	$85,869	$8,215	$77,653		$1,354	$0	$76,299		Dollar General
Property		27.03	Dollar General Paducah		N/A	N/A	N/A	N/A		98.0%	$86,341	$8,702	$77,639		$1,354	$0	$76,285		Dollar General
Property		27.04	Dollar General Selmer		N/A	N/A	N/A	N/A		98.0%	$83,198	$6,208	$76,990		$1,354	$0	$75,637		Dollar General
Property		27.05	Dollar General Benton Main		N/A	N/A	N/A	N/A		98.0%	$87,144	$10,329	$76,814		$1,354	$0	$75,461		Dollar General
Property		27.06	Dollar General Hopkinsville		N/A	N/A	N/A	N/A		98.0%	$82,200	$7,596	$74,605		$1,354	$0	$73,251		Dollar General
Property		27.07	Dollar General Hartford		N/A	N/A	N/A	N/A		98.0%	$78,517	$4,272	$74,245		$1,354	$0	$72,891		Dollar General
Property		27.08	Dollar General Arlington		N/A	N/A	N/A	N/A		98.0%	$84,402	$12,424	$71,978		$1,354	$0	$70,624		Dollar General
Property		27.09	Dollar General Cumberland		N/A	N/A	N/A	N/A		98.0%	$78,588	$8,558	$70,030		$1,123	$0	$68,906		Dollar General
Loan	27	28	Sandy City Self Storage - Sandy, UT	4.8%	$617,404	$175,780	$441,624	8/31/2020 TTM	7.0%	89.9%	$710,978	$208,897	$502,081	7.9%	$6,177	$0	$495,904	7.8%	N/A
Loan		29	Ace Self Storage – Boulder, CO	8.8%	$967,194	$400,999	$566,195	9/30/2020 TTM	9.2%	92.3%	$1,026,060	$450,922	$575,138	9.3%	$10,355	$0	$564,783	9.1%	N/A
Loan	6	30	WAG - Dripping Springs & New Orleans	N/A	N/A	N/A	N/A	N/A	N/A	97.0%	$645,050	$6,450	$638,599	10.6%	$2,814	$0	$635,785	10.5%
Property		30.01	Walgreens - Dripping Springs		N/A	N/A	N/A	N/A		97.0%	$378,300	$3,783	$374,517		$1,365	$0	$373,152		Walgreens
Property		30.02	Walgreens - New Orleans		N/A	N/A	N/A	N/A		97.0%	$266,750	$2,668	$264,082		$1,449	$0	$262,633		Walgreens
Loan		31	Peak View Park MHC	8.1%	$616,385	$124,957	$491,428	8/31/2020 TTM	8.8%	95.0%	$593,323	$129,640	$463,683	8.3%	$5,950	$0	$457,733	8.2%	N/A
Loan		32	Walgreens Tumwater	9.0%	$476,000	$0	$476,000	8/31/2020 TTM	9.0%	100.0%	$480,808	$4,808	$476,000	9.0%	$2,163	$0	$473,837	9.0%	Walgreen Co
Loan	9	33	Arabi Self Storage – Arabi, LA	12.6%	$872,782	$321,120	$551,662	8/31/2020 TTM	12.3%	91.5%	$872,782	$311,048	$561,734	12.5%	$9,216	$0	$552,518	12.3%	N/A
Loan	6	34	Hillcrest and Chiesa MHCs	9.6%	$914,886	$411,783	$503,104	8/31/2020 TTM	11.2%	90.6%	$924,975	$486,555	$438,420	9.7%	$6,750	$0	$431,670	9.6%
Property		34.01	Chiesa MHC		$588,513	$255,812	$332,701	8/31/2020 TTM		94.0%	$588,513	$308,189	$280,324		$4,000	$0	$276,324		N/A
Property		34.02	Hillcrest MHC		$326,373	$155,971	$170,402	8/31/2020 TTM		85.5%	$336,462	$178,365	$158,096		$2,750	$0	$155,346		N/A
Loan		35	Riverland Estates MHC	8.6%	$526,832	$94,447	$432,385	9/30/2020 TTM	9.6%	94.5%	$540,233	$109,014	$431,219	9.6%	$5,138	$0	$426,081	9.5%	N/A
Loan		36	Walgreens New London CT	11.3%	$485,000	$0	$485,000	9/30/2020 TTM	11.3%	95.0%	$465,171	$4,652	$460,520	10.7%	$1,455	$25,900	$433,165	10.1%	Walgreens
Loan		37	Oak Haven Estates MHP	8.5%	$656,050	$282,926	$373,124	8/31/2020 TTM	9.4%	92.5%	$656,048	$308,724	$347,324	8.8%	$4,900	$0	$342,424	8.7%	N/A
Loan		38	Walgreens Deltona, FL	8.0%	$318,125	$29,300	$288,825	7/31/2020 TTM	8.1%	100.0%	$346,866	$42,535	$304,331	8.6%	$2,004	$0	$302,327	8.5%	Walgreens Co.
Loan	9	39	Walgreens Aurora	10.5%	$368,124	$0	$368,124	10/31/2020 TTM	10.5%	100.0%	$379,528	$3,795	$375,733	10.7%	$2,174	$0	$373,559	10.7%	Walgreens
Loan		40	Villa Rose	12.8%	$709,056	$254,348	$454,708	8/31/2020 TTM	13.4%	95.0%	$688,135	$262,157	$425,978	12.5%	$30,291	$0	$395,687	11.6%	N/A
Loan		41	Comerica Bank - Dallas, TX	N/A	N/A	N/A	N/A	N/A	N/A	97.0%	$307,078	$5,071	$302,007	10.1%	$404	$0	$301,603	10.1%	Comerica Bank

A-1-6

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

3rd Largest
Tenant
% of NSF

Loan

5, 9, 10

250 West 57th Street

8/31/2034

87,943

16.2%

The TJX Companies, Inc.

11/30/2030

46,644

8.6%

Concord Music

12/10/2035

46,329

8.5%

Loan

5, 7, 11, 12

Coleman Highline

162,557 SF (12/31/2029); 194,549 SF (9/30/2030)

357,106

100.0%

N/A

Loan

5, 8, 13

120 Wall Street

9/30/2029

202,396

30.3%

Success Academy Charter School

6/30/2029

54,658

8.2%

AFS-USA, Inc.

6/30/2029

40,029

6.0%

Loan

5, 8, 9

Grace Building

5/31/2042

155,270

10.0%

The Trade Desk

8/31/2030

154,558

9.9%

Israel Discount Bank

12/31/2040

142,533

9.2%

Loan

6, 14

ExchangeRight Net Leased Portfolio #40

Property

5.01

Kroger - North Chesterfield, VA

9/30/2035

119,473

100.0%

N/A

Property

5.02

CVS - New Bedford, MA

1/1/2041

12,900

100.0%

N/A

Property

5.03

Walgreens - Orland Park, IL

9/30/2032

15,120

100.0%

N/A

Property

5.04

Walgreens - Dallas, TX (S. Buckner Boulevard)

7/31/2030

15,120

100.0%

N/A

Property

5.05

Walgreens - Saint Clair Shores, MI

9/30/2030

14,820

100.0%

N/A

Property

5.06

Tractor Supply - Buford, GA

8/31/2035

19,097

100.0%

N/A

Property

5.07

Tractor Supply - Lambertville, MI

9/1/2035

19,100

100.0%

N/A

Property

5.08

CVS Pharmacy - Monaca, PA

1/31/2033

11,945

100.0%

N/A

Property

5.09

CVS Pharmacy - Lafayette, LA

1/31/2033

11,945

100.0%

N/A

Property

5.10

CVS - Kankakee, IL

9/30/2039

9,882

100.0%

N/A

Property

5.11

Walgreens - Decatur, GA

6/30/2031

15,120

100.0%

N/A

Property

5.12

CVS - Stone Mountain, GA

8/19/2035

10,125

100.0%

N/A

Property

5.13

O’Reilly - Theodore, AL

3/1/2035

7,225

100.0%

N/A

Property

5.14

Dollar Tree - Montgomery, AL

8/31/2030

11,092

100.0%

N/A

Property

5.15

Sherwin Williams - Madison, AL

9/1/2030

5,000

100.0%

N/A

Property

5.16

Dollar General - Houston, TX

9/30/2034

9,026

100.0%

N/A

Property

5.17

Dollar General - Plum, PA

7/31/2035

9,100

100.0%

N/A

Property

5.18

Autozone - Hanover, PA

7/21/2032

6,500

100.0%

N/A

Property

5.19

Dollar General - Bradley, IL

2/28/2035

9,100

100.0%

N/A

Property

5.20

Dollar General - El Paso, TX

9/30/2034

9,026

100.0%

N/A

Property

5.21

Dollar General - Trafford, PA

2/28/2035

9,100

100.0%

N/A

Loan

5, 15

McDonald’s Global HQ

7/31/2033

532,526

92.6%

Politan Row

5/31/2029

10,453

1.8%

Walgreens

9/30/2048

9,369

1.6%

Loan

5, 7, 8, 16, 17

The Arboretum

1/26/2025

120,405

21.7%

Harris Teeter

6/17/2022

68,119

12.3%

Regal Entertainment Group/Cinebarre

8/31/2022

36,000

6.5%

Loan

9, 18

IFA Rotorion Building

5/31/2040

448,765

100.0%

N/A

Loan

Triangle 54

6/12/2034

151,164

100.0%

N/A

Loan

5, 7, 19

1890 Ranch

8/31/2023

80,352

18.2%

Gold’s Gym

9/30/2023

40,000

9.1%

Cinemark

10/31/2022

39,144

8.9%

Loan

2100 River

1/31/2030

63,588

66.1%

Oregon International Air Freight

10/31/2029

32,661

33.9%

N/A

Loan

5, 8, 20, 21

711 Fifth Avenue

4/30/2024

84,516

24.9%

Allen & Company

9/30/2033

70,972

20.9%

Ralph Lauren Retail Inc.

6/30/2029

38,638

11.4%

Loan

8, 22

Turner Towers

N/A

Loan

9, 23

114 Mulberry Street

8/31/2035

6,993

100.0%

N/A

Loan

Chasewood Technology Park

10/31/2024

44,153

9.5%

Asset Risk Management

3/31/2030

43,142

9.3%

RPS Group, Inc.

6/30/2023

17,765

3.8%

Loan

Interbay Self Storage – Seattle, WA

N/A

Loan

Superior Self Storage Pocket

N/A

Loan

Glendale Thunderbird Shopping Center

2/28/2035

55,302

62.0%

Anaya’s Fresh Mexican Restaurant

8/31/2024

2,401

2.7%

Phoenix Sportscards

11/30/2021

2,400

2.7%

Loan

Mission Plaza

6/30/2025

6,315

4.5%

Alexander Uribe

3,358 SF (11/30/2022); 2,475 SF (1/31/2021)

5,833

4.1%

RG Door and Trimm, Inc.

9/30/2023

5,752

4.1%

Loan

5, 6

ExchangeRight Net Leased Portfolio #39

Property

20.01

Giant Eagle - Mentor (Tyler), OH

4/30/2039

55,601

100.0%

N/A

Property

20.02

BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA

5/31/2035

14,388

100.0%

N/A

Property

20.03

Pick n Save - Appleton (Wisconsin), WI

8/31/2032

79,711

100.0%

N/A

Property

20.04

Walgreens - Chesapeake (Hanbury), VA

12/31/2033

14,736

100.0%

N/A

Property

20.05

Walgreens - Stockbridge (Hudson), GA

2/28/2031

14,970

100.0%

N/A

Property

20.06

Walgreens - Oklahoma City (NW Expressway), OK

8/31/2030

15,120

100.0%

N/A

Property

20.07

Tractor Supply - Ashtabula (North Ridge), OH

6/30/2035

19,167

100.0%

N/A

Property

20.08

Tractor Supply - Manhattan (South Port), KS

11/30/2035

19,078

100.0%

N/A

Property

20.09

Walgreens - Dickinson (Highway 3), TX

7/31/2030

13,824

100.0%

N/A

Property

20.10

Dollar Tree - St. Louis (Dunn), MO

5/31/2030

10,065

100.0%

N/A

Property

20.11

Dollar Tree - Indianapolis (10th), IN

1/31/2030

10,139

100.0%

N/A

Property

20.12

Dollar General - San Angelo (Gordon), TX

3/31/2035

9,099

100.0%

N/A

Property

20.13

Dollar General - Douglasville (Cedar Mountain), GA

12/31/2029

9,377

100.0%

N/A

Property

20.14

Dollar General - San Benito (FM732), TX

11/15/2035

9,284

100.0%

N/A

Property

20.15

Dollar General - Moore (Eastern), OK

6/30/2033

9,100

100.0%

N/A

Property

20.16

Dollar General - Hubbard (Main), OH

7/31/2034

9,203

100.0%

N/A

Property

20.17

Dollar General - Steubenville (OH-213), OH

2/28/2034

9,145

100.0%

N/A

Property

20.18

Dollar General - Rogersville (US-60), MO

7/31/2035

9,106

100.0%

N/A

Loan

6, 9

10 Charles Street & 35 Perry Street

Property

21.01

10 Charles Street

N/A

Property

21.02

35 Perry Street

N/A

Loan

5, 25

Courtyard Marriott Solana Beach

N/A

Loan

Home2 Suites - Columbus (Airport East), OH

N/A

Loan

H-Mart - Carrollton, TX

7/31/2031

76,130

100.0%

N/A

Loan

169-171 University Avenue

1/8/2024

5,125

55.2%

Palo Alto Bicycles Inc.

3/31/2032

4,161

44.8%

N/A

Loan

302 West 12th Street

3/31/2029

3,600

71.4%

Pharmacy (Village Care)

12/31/2029

1,026

20.4%

Mail Boxes Etc. (Penny Black)

9/30/2029

415

8.2%

Loan

6, 7, 26

Midwest Dollar General Portfolio

Property

27.01

Dollar General Benton H68E

10/31/2034

9,026

100.0%

N/A

Property

27.02

Dollar General Hazel

11/30/2034

9,026

100.0%

N/A

Property

27.03

Dollar General Paducah

11/30/2034

9,026

100.0%

N/A

Property

27.04

Dollar General Selmer

6/30/2034

9,026

100.0%

N/A

Property

27.05

Dollar General Benton Main

6/30/2034

9,026

100.0%

N/A

Property

27.06

Dollar General Hopkinsville

9/30/2034

9,026

100.0%

N/A

Property

27.07

Dollar General Hartford

2/28/2034

9,026

100.0%

N/A

Property

27.08

Dollar General Arlington

7/31/2034

9,026

100.0%

N/A

Property

27.09

Dollar General Cumberland

3/31/2034

7,489

100.0%

N/A

Loan

Sandy City Self Storage - Sandy, UT

N/A

Loan

Ace Self Storage – Boulder, CO

N/A

Loan

WAG - Dripping Springs & New Orleans

Property

30.01

Walgreens - Dripping Springs

3/31/2084

13,650

100.0%

N/A

Property

30.02

Walgreens - New Orleans

12/31/2090

14,490

100.0%

N/A

Loan

Peak View Park MHC

N/A

Loan

Walgreens Tumwater

9/30/2036

14,418

100.0%

N/A

Loan

Arabi Self Storage – Arabi, LA

N/A

Loan

Hillcrest and Chiesa MHCs

Property

34.01

Chiesa MHC

N/A

Property

34.02

Hillcrest MHC

N/A

Loan

Riverland Estates MHC

N/A

Loan

Walgreens New London CT

1/31/2033

14,550

100.0%

N/A

Loan

Oak Haven Estates MHP

N/A

Loan

Walgreens Deltona, FL

4/30/2035

13,361

100.0%

N/A

Loan

Walgreens Aurora

3/31/2035

14,490

100.0%

N/A

Loan

Villa Rose

N/A

Loan

Comerica Bank - Dallas, TX

8/31/2040

4,043

100.0%

N/A

A-1-7

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property
Flag

Footnotes

Loan ID

Property Name

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

TI/LC
Reserve Cap

Upfront Tax
Reserves

Loan

5, 9, 10

250 West 57th Street

Lighthouse Guild International Inc.

5/31/2027

37,680

6.9%

UMG Recordings, Inc.

12/31/2028

26,152

4.8%

$859,958

$3,841,605

Loan

5, 7, 11, 12

Coleman Highline

N/A

Loan

5, 8, 13

120 Wall Street

Foundation for AIDS Research

8/31/2027

30,822

4.6%

Center for Appellate Litigation

8,788 SF (11/30/2021); 11,747 SF (1/31/2025)

20,535

3.1%

$3,472,525

$111,379

$4,009,656

$1,306,557

Loan

5, 8, 9

Grace Building

Bain & Company, Inc.

2/28/2030

121,262

7.8%

Insight Venture Management LLC

2/28/2030

93,998

6.0%

$56,172,399

Loan

6, 14

ExchangeRight Net Leased Portfolio #40

$2,804

$500,000

$273,729

Property

5.01

Kroger - North Chesterfield, VA

N/A

Property

5.02

CVS - New Bedford, MA

N/A

Property

5.03

Walgreens - Orland Park, IL

N/A

Property

5.04

Walgreens - Dallas, TX (S. Buckner Boulevard)

N/A

Property

5.05

Walgreens - Saint Clair Shores, MI

N/A

Property

5.06

Tractor Supply - Buford, GA

N/A

Property

5.07

Tractor Supply - Lambertville, MI

N/A

Property

5.08

CVS Pharmacy - Monaca, PA

N/A

Property

5.09

CVS Pharmacy - Lafayette, LA

N/A

Property

5.10

CVS - Kankakee, IL

N/A

Property

5.11

Walgreens - Decatur, GA

N/A

Property

5.12

CVS - Stone Mountain, GA

N/A

Property

5.13

O’Reilly - Theodore, AL

N/A

Property

5.14

Dollar Tree - Montgomery, AL

N/A

Property

5.15

Sherwin Williams - Madison, AL

N/A

Property

5.16

Dollar General - Houston, TX

N/A

Property

5.17

Dollar General - Plum, PA

N/A

Property

5.18

Autozone - Hanover, PA

N/A

Property

5.19

Dollar General - Bradley, IL

N/A

Property

5.20

Dollar General - El Paso, TX

N/A

Property

5.21

Dollar General - Trafford, PA

N/A

Loan

5, 15

McDonald’s Global HQ

One Medical

12/31/2030

4,889

0.9%

FedEx Retail

12/31/2028

2,124

0.4%

Loan

5, 7, 8, 16, 17

The Arboretum

Bed Bath & Beyond

1/31/2023

35,000

6.3%

Barnes & Noble

6/30/2025

24,994

4.5%

$17,604

$2,000,000

$69,489

$5,000,000

$124,209

Loan

9, 18

IFA Rotorion Building

N/A

$5,610

$134,630

$1,000,000

$62,500

Loan

Triangle 54

N/A

$2,519

$60,466

Loan

5, 7, 19

1890 Ranch

Burlington

2/28/2031

36,736

8.3%

PetSmart

1/31/2023

27,880

6.3%

$5,799

$47,838

$1,435,145

$902,664

Loan

2100 River

N/A

$2,005

$72,187

$12,031

$47,657

Loan

5, 8, 20, 21

711 Fifth Avenue

Loro Piana USA

8/31/2025

24,388

7.2%

Sandler Capital

6/30/2027

17,200

5.1%

$170,012

$1,020,027

Loan

8, 22

Turner Towers

N/A

Loan

9, 23

114 Mulberry Street

N/A

$596

$153,632

Loan

Chasewood Technology Park

VLK Architects

10/16/2026

14,339

3.1%

Chasewood State Bank

1/31/2023

11,839

2.6%

$9,666

$1,000,000

$67,662

$4,059,729

$1,513,116

Loan

Interbay Self Storage – Seattle, WA

N/A

$30,554

Loan

Superior Self Storage Pocket

N/A

$900

$32,400

$89,075

Loan

Glendale Thunderbird Shopping Center

Yogurtini

5/31/2021

2,368

2.7%

Salon Encore

2/28/2021

2,350

2.6%

$1,487

$71,356

$200,000

Loan

Mission Plaza

Benson’s Transmissions

8/31/2025

5,358

3.8%

Angelo’s Careva Imports

2,990 SF (6/30/2024); 1300 SF (8/31/2023)

4,290

3.0%

$1,573

$94,395

$100,000

$6,250

$250,000

$14,433

Loan

5, 6

ExchangeRight Net Leased Portfolio #39

$180,000

$2,083

$500,000

$661,505

Property

20.01

Giant Eagle - Mentor (Tyler), OH

N/A

Property

20.02

BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA

N/A

Property

20.03

Pick n Save - Appleton (Wisconsin), WI

N/A

Property

20.04

Walgreens - Chesapeake (Hanbury), VA

N/A

Property

20.05

Walgreens - Stockbridge (Hudson), GA

N/A

Property

20.06

Walgreens - Oklahoma City (NW Expressway), OK

N/A

Property

20.07

Tractor Supply - Ashtabula (North Ridge), OH

N/A

Property

20.08

Tractor Supply - Manhattan (South Port), KS

N/A

Property

20.09

Walgreens - Dickinson (Highway 3), TX

N/A

Property

20.10

Dollar Tree - St. Louis (Dunn), MO

N/A

Property

20.11

Dollar Tree - Indianapolis (10th), IN

N/A

Property

20.12

Dollar General - San Angelo (Gordon), TX

N/A

Property

20.13

Dollar General - Douglasville (Cedar Mountain), GA

N/A

Property

20.14

Dollar General - San Benito (FM732), TX

N/A

Property

20.15

Dollar General - Moore (Eastern), OK

N/A

Property

20.16

Dollar General - Hubbard (Main), OH

N/A

Property

20.17

Dollar General - Steubenville (OH-213), OH

N/A

Property

20.18

Dollar General - Rogersville (US-60), MO

N/A

Loan

6, 9

10 Charles Street & 35 Perry Street

$3,783

$32,953

Property

21.01

10 Charles Street

N/A

Property

21.02

35 Perry Street

N/A

Loan

5, 25

Courtyard Marriott Solana Beach

N/A

$23,500

$11,673

Loan

Home2 Suites - Columbus (Airport East), OH

N/A

$5,090

$82,773

Loan

H-Mart - Carrollton, TX

N/A

$76,130

Loan

169-171 University Avenue

N/A

$185

Loan

302 West 12th Street

N/A

Loan

6, 7, 26

Midwest Dollar General Portfolio

$66,202

Property

27.01

Dollar General Benton H68E

N/A

Property

27.02

Dollar General Hazel

N/A

Property

27.03

Dollar General Paducah

N/A

Property

27.04

Dollar General Selmer

N/A

Property

27.05

Dollar General Benton Main

N/A

Property

27.06

Dollar General Hopkinsville

N/A

Property

27.07

Dollar General Hartford

N/A

Property

27.08

Dollar General Arlington

N/A

Property

27.09

Dollar General Cumberland

N/A

Loan

Sandy City Self Storage - Sandy, UT

N/A

$515

$18,532

$54,505

Loan

Ace Self Storage – Boulder, CO

N/A

$863

$31,065

$142,962

Loan

WAG - Dripping Springs & New Orleans

Property

30.01

Walgreens - Dripping Springs

N/A

Property

30.02

Walgreens - New Orleans

N/A

Loan

Peak View Park MHC

N/A

$23,000

$496

$1,210

Loan

Walgreens Tumwater

N/A

$180

$2,163

Loan

Arabi Self Storage – Arabi, LA

N/A

$768

$45,460

Loan

Hillcrest and Chiesa MHCs

$571

$100,540

Property

34.01

Chiesa MHC

N/A

Property

34.02

Hillcrest MHC

N/A

Loan

Riverland Estates MHC

N/A

$428

$1,484

Loan

Walgreens New London CT

N/A

$118

$1,421

Loan

Oak Haven Estates MHP

N/A

$408

Loan

Walgreens Deltona, FL

N/A

$2,004

$167

$2,004

Loan

Walgreens Aurora

N/A

$181

$2,174

Loan

Villa Rose

N/A

$2,524

$3,140

Loan

Comerica Bank - Dallas, TX

N/A

A-1-8

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property
Flag

Footnotes

Loan ID

Property Name

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

Engineering
Report Date

Seismic
Report Date

Loan

5, 9, 10

250 West 57th Street

$768,321

$4,194,083

Free Rent Reserve

11/4/2020

10/20/2020

N/A

10/20/2020

N/A

Loan

5, 7, 11, 12

Coleman Highline

$19,690,191

Roku TI Reserve; Debt Service Reserve

10/27/2020

10/6/2020

N/A

10/26/2020

10/5/2020

Loan

5, 8, 13

120 Wall Street

$326,640

$1,759,579

Rent Concession Reserve

9/24/2020

8/27/2020

N/A

8/27/2020

N/A

Loan

5, 8, 9

Grace Building

$33,543,750

Free Rent Reserve; Lobby/Elevator Work; Parking Rent Shortfall Reserve

10/22/2020

9/22/2020

N/A

9/22/2020

N/A

Loan

6, 14

ExchangeRight Net Leased Portfolio #40

$188,269

N/A

Property

5.01

Kroger - North Chesterfield, VA

10/1/2020

9/22/2020

N/A

9/22/2020

N/A

Property

5.02

CVS - New Bedford, MA

9/28/2020

9/24/2020

N/A

10/1/2020

N/A

Property

5.03

Walgreens - Orland Park, IL

9/23/2020

9/9/2020

N/A

9/9/2020

N/A

Property

5.04

Walgreens - Dallas, TX (S. Buckner Boulevard)

9/23/2020

9/9/2020

N/A

9/9/2020

N/A

Property

5.05

Walgreens - Saint Clair Shores, MI

9/23/2020

9/15/2020

N/A

9/14/2020

N/A

Property

5.06

Tractor Supply - Buford, GA

9/28/2020

9/2/2020

N/A

9/2/2020

N/A

Property

5.07

Tractor Supply - Lambertville, MI

9/24/2020

10/1/2020

N/A

9/11/2020

N/A

Property

5.08

CVS Pharmacy - Monaca, PA

9/25/2020

9/21/2020

N/A

9/23/2020

N/A

Property

5.09

CVS Pharmacy - Lafayette, LA

9/24/2020

9/11/2020

N/A

9/11/2020

N/A

Property

5.10

CVS - Kankakee, IL

9/25/2020

N/A

9/25/2020

N/A

Property

5.11

Walgreens - Decatur, GA

9/28/2020

9/11/2020

N/A

9/11/2020

N/A

Property

5.12

CVS - Stone Mountain, GA

9/28/2020

9/25/2020

N/A

9/25/2020

N/A

Property

5.13

O’Reilly - Theodore, AL

9/28/2020

9/15/2020

N/A

9/15/2020

N/A

Property

5.14

Dollar Tree - Montgomery, AL

9/25/2020

8/27/2020

N/A

8/27/2020

N/A

Property

5.15

Sherwin Williams - Madison, AL

9/26/2020

9/22/2020

N/A

9/22/2020

N/A

Property

5.16

Dollar General - Houston, TX

9/28/2020

5/26/2020

N/A

5/26/2020

N/A

Property

5.17

Dollar General - Plum, PA

9/25/2020

9/17/2020

N/A

9/17/2020

N/A

Property

5.18

Autozone - Hanover, PA

10/5/2020

9/25/2020

N/A

9/25/2020

N/A

Property

5.19

Dollar General - Bradley, IL

9/23/2020

7/31/2020

N/A

7/31/2020

N/A

Property

5.20

Dollar General - El Paso, TX

9/25/2020

4/28/2020

N/A

4/28/2020

N/A

Property

5.21

Dollar General - Trafford, PA

9/25/2020

4/17/2020

N/A

4/17/2020

N/A

Loan

5, 15

McDonald’s Global HQ

$6,161,307

Free Rent Reserve

10/15/2020

8/28/2020

N/A

8/28/2020

N/A

Loan

5, 7, 8, 16, 17

The Arboretum

$124,207

$112,500

$3,970,402

Debt Service Reserve

9/10/2020

8/11/2020

N/A

8/11/2020

N/A

Loan

9, 18

IFA Rotorion Building

$31,326

$10,346

N/A

10/5/2020

N/A

10/5/2020

N/A

Loan

Triangle 54

$21,862

$2,986

N/A

10/6/2020

8/28/2020

N/A

8/27/2020

N/A

Loan

5, 7, 19

1890 Ranch

$225,666

$29,364

$13,682

$3,061,075

Gap Rent; Outstanding Leasing Obligations; Debt Service Reserve

2/11/2020

2/18/2020

N/A

2/11/2020

N/A

Loan

2100 River

$47,657

$2,463,300

Tenant Specific TILC Reserve

10/5/2020

9/17/2020

N/A

9/17/2020

9/25/2020

Loan

5, 8, 20, 21

711 Fifth Avenue

$1,048,024

Unfunded Obligations Reserve

2/19/2020

2/3/2020

N/A

1/30/2020

N/A

Loan

8, 22

Turner Towers

$110,375

N/A

10/12/2020

9/21/2020

N/A

9/21/2020

N/A

Loan

9, 23

114 Mulberry Street

$26,803

$40,000

Rent Concession Reserve Funds

10/4/2020

9/16/2020

N/A

9/16/2020

N/A

Loan

Chasewood Technology Park

$168,124

$33,778

$3,813

$548,585

Outstanding TI/LC; Rent Concession Fund

7/28/2020

2/18/2020

N/A

2/18/2020

N/A

Loan

Interbay Self Storage – Seattle, WA

$11,097

$90,000

Environmental Remediation Reserve

10/9/2020

9/24/2020

N/A

9/23/2020

Loan

Superior Self Storage Pocket

$12,725

N/A

9/1/2020

8/21/2020

N/A

8/25/2020

Loan

Glendale Thunderbird Shopping Center

$15,984

$881,954

Landlord Obligation Reserve; Free Rent Reserve

1/26/2020

12/30/2019

N/A

12/30/2019

N/A

Loan

Mission Plaza

$14,433

$109,000

$518,183

Roof Replacement; Debt Service Reserve

10/6/2020

10/2/2020

N/A

10/2/2020

Loan

5, 6

ExchangeRight Net Leased Portfolio #39

$3,158

$193,514

BioLife Rollover Reserve

Property

20.01

Giant Eagle - Mentor (Tyler), OH

8/15/2020

7/10/2020

N/A

7/10/2020

N/A

Property

20.02

BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA

8/13/2020

6/11/2020

N/A

6/11/2020

N/A

Property

20.03

Pick n Save - Appleton (Wisconsin), WI

8/5/2020

8/14/2020

N/A

8/12/2020

N/A

Property

20.04

Walgreens - Chesapeake (Hanbury), VA

7/29/2020

8/11/2020

N/A

8/11/2020

N/A

Property

20.05

Walgreens - Stockbridge (Hudson), GA

8/8/2020

8/6/2020

N/A

8/6/2020

N/A

Property

20.06

Walgreens - Oklahoma City (NW Expressway), OK

8/6/2020

8/7/2020

N/A

8/7/2020

N/A

Property

20.07

Tractor Supply - Ashtabula (North Ridge), OH

7/31/2020

4/28/2020

N/A

4/28/2020

N/A

Property

20.08

Tractor Supply - Manhattan (South Port), KS

8/9/2020

4/14/2020

N/A

4/14/2020

N/A

Property

20.09

Walgreens - Dickinson (Highway 3), TX

8/7/2020

8/10/2020

N/A

8/10/2020

N/A

Property

20.10

Dollar Tree - St. Louis (Dunn), MO

8/5/2020

7/17/2020

N/A

7/20/2020

N/A

Property

20.11

Dollar Tree - Indianapolis (10th), IN

8/7/2020

2/21/2020

N/A

2/21/2020

N/A

Property

20.12

Dollar General - San Angelo (Gordon), TX

8/4/2020

7/14/2020

N/A

7/14/2020

N/A

Property

20.13

Dollar General - Douglasville (Cedar Mountain), GA

8/8/2020

8/12/2020

N/A

8/12/2020

N/A

Property

20.14

Dollar General - San Benito (FM732), TX

8/8/2020

8/13/2020

N/A

8/13/2020

N/A

Property

20.15

Dollar General - Moore (Eastern), OK

8/6/2020

8/11/2020

N/A

8/11/2020

N/A

Property

20.16

Dollar General - Hubbard (Main), OH

7/31/2020

4/29/2020

N/A

4/29/2020

N/A

Property

20.17

Dollar General - Steubenville (OH-213), OH

8/1/2020

7/24/2020

N/A

7/24/2020

N/A

Property

20.18

Dollar General - Rogersville (US-60), MO

8/5/2020

8/11/2020

N/A

8/11/2020

N/A

Loan

6, 9

10 Charles Street & 35 Perry Street

$14,916

$13,688

N/A

Property

21.01

10 Charles Street

9/22/2020

9/30/2020

N/A

9/30/2020

N/A

Property

21.02

35 Perry Street

9/22/2020

9/30/2020

N/A

9/30/2020

N/A

Loan

5, 25

Courtyard Marriott Solana Beach

$11,673

$709,246

N/A

1/29/2020

1/15/2020

N/A

1/14/2020

Loan

Home2 Suites - Columbus (Airport East), OH

$20,693

$1,150,719

Debt Service Reserve; BoMar Litigation Reserve

2/19/2020

12/20/2019

N/A

12/19/2019

N/A

Loan

H-Mart - Carrollton, TX

N/A

8/25/2020

8/7/2020

N/A

8/7/2020

N/A

Loan

169-171 University Avenue

$3,599

$5,352

$446

$12,125

$107,300

Debt Service Reserve

9/21/2020

9/14/2020

N/A

9/15/2020

9/16/2020

Loan

302 West 12th Street

N/A

10/15/2020

2/21/2020

N/A

2/21/2020

N/A

Loan

6, 7, 26

Midwest Dollar General Portfolio

$8,138

$263

N/A

Property

27.01

Dollar General Benton H68E

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Property

27.02

Dollar General Hazel

8/18/2020

8/14/2020

N/A

8/15/2020

N/A

Property

27.03

Dollar General Paducah

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Property

27.04

Dollar General Selmer

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Property

27.05

Dollar General Benton Main

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Property

27.06

Dollar General Hopkinsville

8/18/2020

8/12/2020

N/A

8/17/2020

N/A

Property

27.07

Dollar General Hartford

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Property

27.08

Dollar General Arlington

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Property

27.09

Dollar General Cumberland

8/18/2020

8/17/2020

N/A

8/17/2020

N/A

Loan

Sandy City Self Storage - Sandy, UT

$4,193

$2,846

$500,000

Holdback

9/9/2020

9/4/2020

N/A

9/4/2020

Loan

Ace Self Storage – Boulder, CO

$15,885

$15,142

$10,125

N/A

10/8/2020

9/25/2020

N/A

9/15/2020

N/A

Loan

WAG - Dripping Springs & New Orleans

N/A

Property

30.01

Walgreens - Dripping Springs

2/24/2020

3/4/2020

N/A

2/24/2020

N/A

Property

30.02

Walgreens - New Orleans

3/11/2020

3/10/2020

N/A

3/10/2020

N/A

Loan

Peak View Park MHC

$202

$3,077

$1,538

$40,563

$112,500

Environmental Reserve

8/20/2020

8/12/2020

N/A

8/13/2020

N/A

Loan

Walgreens Tumwater

$144

$72

N/A

8/21/2020

N/A

8/21/2020

Loan

Arabi Self Storage – Arabi, LA

$3,497

$14,301

$38,750

N/A

9/1/2020

N/A

8/28/2020

N/A

Loan

Hillcrest and Chiesa MHCs

$9,140

$60,086

$49,845

Debt Service Reserve

Property

34.01

Chiesa MHC

8/24/2020

8/20/2020

N/A

8/20/2020

N/A

Property

34.02

Hillcrest MHC

8/24/2020

8/20/2020

N/A

8/20/2020

N/A

Loan

Riverland Estates MHC

$135

$16,568

$2,071

N/A

10/16/2020

10/14/2020

N/A

1/15/2020

N/A

Loan

Walgreens New London CT

N/A

9/9/2020

9/10/2020

N/A

9/10/2020

N/A

Loan

Oak Haven Estates MHP

$5,944

$3,970

$43,753

Debt Service Reserve

8/24/2020

8/20/2020

N/A

8/20/2020

N/A

Loan

Walgreens Deltona, FL

$211

$105

N/A

7/29/2020

3/31/2020

N/A

8/5/2020

N/A

Loan

Walgreens Aurora

$452

$226

$9,665

$9,765

Payment Reserve

10/1/2020

9/28/2020

N/A

9/28/2020

N/A

Loan

Villa Rose

$3,140

N/A

10/14/2020

9/28/2020

N/A

9/28/2020

Loan

Comerica Bank - Dallas, TX

$47,573

Debt Service Reserve

10/7/2020

9/25/2020

N/A

9/24/2020

N/A

A-1-9

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

Property
Flag

Footnotes

Loan ID

Property Name

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, 10

250 West 57th Street

N/A

$93,000,000

54.5%

3.49x

11.1%

Loan

5, 7, 11, 12

Coleman Highline

Yes - 4

9.0%

$82,700,000

56.5%

3.18x

9.2%

Loan

5, 8, 13

120 Wall Street

N/A

$85,000,000

57.9%

2.74x

9.3%

Loan

5, 8, 9

Grace Building

N/A

$808,000,000

$367,000,000

58.1%

3.00x

8.3%

Loan

6, 14

ExchangeRight Net Leased Portfolio #40

Property

5.01

Kroger - North Chesterfield, VA

N/A

Property

5.02

CVS - New Bedford, MA

N/A

Property

5.03

Walgreens - Orland Park, IL

N/A

Property

5.04

Walgreens - Dallas, TX (S. Buckner Boulevard)

N/A

Property

5.05

Walgreens - Saint Clair Shores, MI

N/A

Property

5.06

Tractor Supply - Buford, GA

N/A

Property

5.07

Tractor Supply - Lambertville, MI

N/A

Property

5.08

CVS Pharmacy - Monaca, PA

N/A

Property

5.09

CVS Pharmacy - Lafayette, LA

N/A

Property

5.10

CVS - Kankakee, IL

N/A

Property

5.11

Walgreens - Decatur, GA

N/A

Property

5.12

CVS - Stone Mountain, GA

N/A

Property

5.13

O’Reilly - Theodore, AL

N/A

Property

5.14

Dollar Tree - Montgomery, AL

N/A

Property

5.15

Sherwin Williams - Madison, AL

N/A

Property

5.16

Dollar General - Houston, TX

N/A

Property

5.17

Dollar General - Plum, PA

N/A

Property

5.18

Autozone - Hanover, PA

N/A

Property

5.19

Dollar General - Bradley, IL

N/A

Property

5.20

Dollar General - El Paso, TX

N/A

Property

5.21

Dollar General - Trafford, PA

N/A

Loan

5, 15

McDonald’s Global HQ

N/A

$120,000,000

$110,000,000

68.5%

1.17x

7.2%

Loan

5, 7, 8, 16, 17

The Arboretum

N/A

$59,908,803

58.7%

1.70x

9.6%

Loan

9, 18

IFA Rotorion Building

N/A

Loan

Triangle 54

N/A

Loan

5, 7, 19

1890 Ranch

N/A

$20,610,000

66.2%

2.17x

12.0%

Loan

2100 River

Yes - 3

4.0%

Loan

5, 8, 20, 21

711 Fifth Avenue

N/A

$519,500,000

54.5%

2.90x

9.4%

Loan

8, 22

Turner Towers

N/A

$150,000,000

16.7%

187

N/A

Loan

9, 23

114 Mulberry Street

N/A

Loan

Chasewood Technology Park

N/A

$30,000,000

65.3%

1.73x

11.5%

Loan

Interbay Self Storage – Seattle, WA

Yes - 3

11.0%

Loan

Superior Self Storage Pocket

Yes - 3

7.0%

Loan

Glendale Thunderbird Shopping Center

N/A

Loan

Mission Plaza

Yes - 4

18.0%

Loan

5, 6

ExchangeRight Net Leased Portfolio #39

$37,660,000

58.1%

2.35x

9.8%

Property

20.01

Giant Eagle - Mentor (Tyler), OH

N/A

Property

20.02

BioLife Plasma Services L.P. - Baton Rouge (Coursey), LA

N/A

Property

20.03

Pick n Save - Appleton (Wisconsin), WI

N/A

Property

20.04

Walgreens - Chesapeake (Hanbury), VA

N/A

Property

20.05

Walgreens - Stockbridge (Hudson), GA

N/A

Property

20.06

Walgreens - Oklahoma City (NW Expressway), OK

N/A

Property

20.07

Tractor Supply - Ashtabula (North Ridge), OH

N/A

Property

20.08

Tractor Supply - Manhattan (South Port), KS

N/A

Property

20.09

Walgreens - Dickinson (Highway 3), TX

N/A

Property

20.10

Dollar Tree - St. Louis (Dunn), MO

N/A

Property

20.11

Dollar Tree - Indianapolis (10th), IN

N/A

Property

20.12

Dollar General - San Angelo (Gordon), TX

N/A

Property

20.13

Dollar General - Douglasville (Cedar Mountain), GA

N/A

Property

20.14

Dollar General - San Benito (FM732), TX

N/A

Property

20.15

Dollar General - Moore (Eastern), OK

N/A

Property

20.16

Dollar General - Hubbard (Main), OH

N/A

Property

20.17

Dollar General - Steubenville (OH-213), OH

N/A

Property

20.18

Dollar General - Rogersville (US-60), MO

N/A

Loan

6, 9

10 Charles Street & 35 Perry Street

Property

21.01

10 Charles Street

N/A

Property

21.02

35 Perry Street

N/A

Loan

5, 25

Courtyard Marriott Solana Beach

Yes - 4

7.0%

$14,326,002

67.1%

2.11x

12.8%

Loan

Home2 Suites - Columbus (Airport East), OH

N/A

Loan

H-Mart - Carrollton, TX

N/A

Loan

169-171 University Avenue

Yes - 4

10.0%

Loan

302 West 12th Street

N/A

Loan

6, 7, 26

Midwest Dollar General Portfolio

Property

27.01

Dollar General Benton H68E

N/A

Property

27.02

Dollar General Hazel

N/A

Property

27.03

Dollar General Paducah

N/A

Property

27.04

Dollar General Selmer

N/A

Property

27.05

Dollar General Benton Main

N/A

Property

27.06

Dollar General Hopkinsville

N/A

Property

27.07

Dollar General Hartford

N/A

Property

27.08

Dollar General Arlington

N/A

Property

27.09

Dollar General Cumberland

N/A

Loan

Sandy City Self Storage - Sandy, UT

Yes - 3

7.0%

Loan

Ace Self Storage – Boulder, CO

N/A

Loan

WAG - Dripping Springs & New Orleans

Property

30.01

Walgreens - Dripping Springs

N/A

Property

30.02

Walgreens - New Orleans

N/A

Loan

Peak View Park MHC

N/A

Loan

Walgreens Tumwater

Yes - 3

10.0%

Loan

Arabi Self Storage – Arabi, LA

N/A

Loan

Hillcrest and Chiesa MHCs

Property

34.01

Chiesa MHC

N/A

Property

34.02

Hillcrest MHC

N/A

Loan

Riverland Estates MHC

N/A

Loan

Walgreens New London CT

N/A

Loan

Oak Haven Estates MHP

N/A

Loan

Walgreens Deltona, FL

N/A

Loan

Walgreens Aurora

N/A

Loan

Villa Rose

Yes - 3

12.0%

Loan

Comerica Bank - Dallas, TX

N/A

A-1-10

	BANK 2020-BNK29
	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)	With respect to Mortgage Loan No. 1, 250 West 57th Street, Mortgage Loan No. 2, Coleman Highline, Mortgage Loan No. 3, 120 Wall Street, Mortgage Loan No. 4, Grace Building , Mortgage Loan No. 6, McDonald’s Global HQ, Mortgage Loan No. 7, The Arboretum, Mortgage Loan No. 10, 1890 Ranch, Mortgage Loan No. 12, 711 Fifth Avenue, Mortgage Loan No. 15, Chasewood Technology Park, Mortgage Loan No. 20, ExchangeRight Net Leased Portfolio #39 and Mortgage Loan No. 22, Courtyard Marriott Solana Beach, is part of a whole loan related to the Issuing Entity. 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/Unit/Room calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Grace Building Pari Passu-A/B Whole Loan”, “—The McDonald’s Global HQ Pari Passu-A/B Whole Loan”,and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus.

(6)	With respect to Mortgage Loan No. 5, ExchangeRight Net Leased Portfolio #40, Mortgage Loan No. 20, ExchangeRight Net Leased Portfolio #39 , Mortgage Loan No. 21, 10 Charles Street & 35 Perry Street, Mortgage Loan No. 27, Midwest Dollar General Portfolio, Mortgage Loan No. 30, WAG - Dripping Springs & New Orleans and Mortgage Loan No. 34, Hillcrest and Chiesa MHCs, 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/Unit/Room 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 Underwritten NCF, among other methods.

(7)	With respect to Mortgage Loan No. 2, Coleman Highline, Mortgage Loan No. 7, The Arboretum, Mortgage Loan No. 10, 1890 Ranch and Mortgage Loan No. 27, Midwest Dollar General Portfolio, 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. 3, 120 Wall Street, Mortgage Loan No. 4, Grace Building , Mortgage Loan No. 7, The Arboretum, Mortgage Loan No. 12, 711 Fifth Avenue and Mortgage Loan No. 13, Turner Towers the related mortgage loan documents permit future subordinate secured financing or mezzanine financing and/or preferred equity generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in this preliminary prospectus.

(9)	With respect to Mortgage Loan No. 1, 250 West 57th Street, Mortgage Loan No. 14, 114 Mulberry Street, Mortgage Loan No. 21, 10 Charles Street & 35 Perry Street, Mortgage Loan No. 25, 169-171 University Avenue, and Mortgage Loan No. 39, Walgreens Aurora, the first payment date for the Mortgage Loan is January 1, 2021. On the Closing Date, MSMCH will deposit sufficient funds to pay the amount of interest that would be due with respect to a December 1, 2020 payment for each such Mortgage Loan. Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.) First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional December 1, 2020 interest-only payment to be funded by MSMCH on the loan securitization Closing Date.

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	With respect to Mortgage Loan No. 4, Grace Building, the first payment for the mortgage loan is January 6, 2021. On the Closing Date, BANA will deposit sufficient funds to pay the amount of interest that would be due with respect to a December 6, 2020 payment. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-Only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional December 6, 2020 interest-only payment to be funded by BANA on the Closing Date.

	With respect to Mortgage Loan No. 8, IFA Rotorion Building, the first payment for the mortgage loan is January 1, 2021. On the Closing Date, WFB will deposit sufficient funds to pay the amount of interest that would be due with respect to a December 1, 2020 payment. Seasoning, Prepayment Provisions, Original Term to Maturity or ARD (Mos.), Original IO Period (Mos.), First Payment Date, Remaining Term to Maturity or ARD (Mos.) and Remaining IO Period (Mos.) are inclusive of the additional December 1, 2020 interest-only payment to be funded by WFB on the Closing Date.

	With respect to Mortgage Loan No. 33, Arabi Self Storage – Arabi, LA, the first payment for the Mortgage Loan is January 1, 2021. On the Closing Date, BANA will deposit sufficient funds to pay the amount of interest that would be due with respect to a December 1, 2020 payment. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-Only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional December 1, 2020 interest-only payment to be funded by BANA on the Closing Date.

(10)	With respect to Mortgage Loan No. 1, 250 West 57th Street, the borrowers have informed the lender that they have applied for an Industrial and Commercial Abatement Program (“ICAP”) tax abatement, which has not yet been received. The borrower has represented that it has complied with all of the statutory requirements of the ICAP program, other than providing proof to the Department of Finance of the City of New York that all of the outstanding violations against the Mortgaged Property set forth in the final loan documents have been cleared and removed of record. The borrower anticipates submitting the evidence of clearing and removing of record the outstanding violations to the Department of Finance on or about November 1, 2021. In the event that the borrower fails to clear each of the existing violations from the public record, the borrower is required under the loan documents to deposit $18,200,000, which is required to be held as additional collateral for the Mortgage Loan for the remaining term. The Appraised Value assumes that the ICAP is in place and has a net present value of $11,000,000. If such net present value of $11,000,000 was excluded from the Appraised Value of $330,000,000, the Cut-off Date LTV Ratio and LTV Ratio at Maturity would be 56.4%. There can be no assurance of what the actual Appraised Value would be if the ICAP abatement is not obtained. Approximately $2,178,570 of ICAP benefits was underwritten. Excluding such ICAP benefits, the UW NCF DSCR would be 3.16x respectively, and the UW NOI Debt Yield would be 10.1% and the UW NOI Debt Yield at Maturity would be 10.1%.

(11)	With respect to Mortgage Loan No. 2, Coleman Highline, the as stabilized Appraised Value assumes the sole tenant (357,106 SF), representing 100.0% of net rentable SF, is in occupancy of its entire space and paying full, unabated rent. The sole tenant has taken possession of Building 1 (162,557 SF), is required to commence paying full, unabated rent in January 2021 and is completing its buildout throughout 2021. The sole tenant is in occupancy and paying full, unabated rent in Building 2 (194,549 SF). A reserve was taken for all outstanding tenant improvement allowances, which must be used by December 15, 2021. The appraised value assuming buildout of Building 1 is not completed is $275,700,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $275,700,000 appraised value is 60.8%.

	With respect to Mortgage Loan No. 11, 2100 River, the as stabilized Appraised Value includes the assumption that the two sole tenants (96,249 SF), representing 100.0% of net rentable SF, are paying full, unabated rent and all outstanding tenant improvement allowances have been paid. All free rent has expired as of October 31, 2020 and all outstanding tenant improvement allowances were reserved for at origination. The appraised value assuming outstanding free rent and tenant improvement allowances is $40,900,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $40,900,000 appraised value is 68.5%.

(12)	With respect to Mortgage Loan No. 2, Coleman Highline, 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 Coleman Highline Whole Loan will accrue additional interest at an interest rate equal to the initial interest rate plus 2.000% per annum (“Rate Increase”). From and after the ARD, interest payments will continue to be made as provided prior to the ARD, with amounts accrued with respect to the Rate Increase being deferred and paid on the maturity date, if not paid sooner by the Coleman Highline borrower. The ARD automatically triggers a cash sweep period, as defined in the loan docuemnts, whereby all excess cash flow, after payments of debt service on the Coleman Highline Whole Loan, required deposits to escrows and reserves, and budgeted operating expenses, is required to be used to first pay down the principal balance of the Coleman Highline Whole Loan and thereafter, repay the accrued interest.

(13)	With respect to Mortgage Loan No. 3, 120 Wall Street, the initial TI/LC reserve includes $415,000 in tenant specific tenant improvement allowances, which count towards the TI/LC cap.

(14)	With respect to Mortgage Loan No. 5, ExchangeRight Net Leased Portfolio #40, the related loan documents permit an unimproved portion of the Tractor Supply - Buford, GA property to be released for a road dedication 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.

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(15)	With respect to Mortgage Loan No. 6, McDonald’s Global HQ, the Original Amortization Term (mos.) and Remaining Amortization Term (mos.) is shown for the McDonald’s Global HQ Whole Loan. The McDonald’s Global HQ Senior Loan amortizes in 186 months.

(16)	With respect to Mortgage Loan No. 7, The Arboretum, the third largest tenant, Regal Entertainment Group/Cinebarre (36,000 square feet), representing 6.5% of net rentable square feet, is now dark and as of November 10, 2020, has not made its November rent payment. Income from the third largest tenant was excluded from UW Revenues.

(17)	With respect to Mortgage Loan No. 7, The Arboretum, the monthly TI/LC reserve escrow adjusts to $57,907.50 in November 2021 and $46,326.00 in November 2022.

(18)	With respect to Mortgage Loan No. 8, IFA Rotorion Building, the monthly TI/LC reserve escrow is only payable for the first 24 monthly mortgage loan payments.

(19)	With respect to Mortgage Loan No. 10, 1890 Ranch, the Outstanding Leasing Obligations of $2,133,845.00 and the Gap Rent Reserve of $510,161.91 were funded at origination and are included in our initial other escrow amount. The Gap Rent reserve has been completely released and the Outstanding TI/LC Reserve has a balance of approximately $52,644. The Debt Service Reserve of $417,068.25 was funded at the end of the forbearance period, which we have included in the initial escrow amount. Current other escrow balance includes the Debt Service Reserve and Outstanding TI/LC Reserve.

(20)	With respect to Mortgage Loan No. 12, 711 Fifth Avenue, the as-is appraised value assumes that the borrower sponsors have invested approximately $13.5 million in renovation costs for upgrades to the office lobby entrance, building mechanical systems, elevator cabs and general base building work for the vacant office space within the Mortgaged Property.

(21)	With respect to Mortgage Loan No. 12, 711 Fifth Avenue, the third largest tenant, Ralph Lauren, Retail Inc. representing approximately 11.4% of the NRA, has been dark since April 2017 for the majority of its space. Ralph Lauren continues to operate the Polo Bar restaurant (7,436 SF of the total Ralph Lauren 38,638 SF) at this location and continues to be obligated to pay rent for its entire leased space.
(22)
	With respect to Mortgage Loan No. 13, Turner Towers, the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the loans, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the Turner Towers Mortgage Loan and is, instead, reflected as not applicable (N/A). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the Turner Towers Mortgage Loan. In addition, see “Risk Factors-Risks Relating to the Mortgage Loans-Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten NOI and Underwritten NCF.

(23)	With respect to Mortgage Loan No. 14, 114 Mulberry Street, monthly TI/LC payments of $4,167 will commence in December 2025.

(24)	With respect to Mortgage Loan No. 18, Glendale Thunderbird Shopping Center, the appraised value represents Prospective “Upon Completion” Market Value as of June 1, 2020. This value assumes that for the largest tenant, EOS Fitness, (a) the tenant’s space has been completed, (b) the tenant is in occupancy, (c) all landlord obligations for the tenant have been paid and (d) the tenant’s free rent period has expired, all of which conditions have been satisfied.

(25)	With respect to Mortgage Loan No. 22, Courtyard Marriott Solana Beach, the Debt Service Reserve of $709,246 was funded post-loan closing, which is included in the initial escrow amount. Current other escrow balance includes the Debt Service Reserve.

(26)	With respect to Mortgage Loan No. 27, Midwest Dollar General Portfolio, the ongoing monthly insurance payments are for the borrower’s lessor liability coverage policy. Additional monthly deposits for insurance are suspended for the Midwest Dollar General Portfolio as long as (i) no event of default has occurred and is continuing, (ii) the Midwest Dollar General Portfolio is covered under a blanket policy acceptable to the lender and (iii) the Midwest Dollar General Portfolio borrower delivers evidence to the lender of payment within 20 business days prior to expiration.

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(27)	With respect to Mortgage Loan No. 28, Sandy City Self Storage - Sandy, UT, at loan closing, lender reserved $500,000 into an Earnout Reserve which will be released to the borrower upon the Mortgaged Property’s trailing twelve month underwritten net cash flow achieving a debt yield of at least 8.50% (calculated by the total loan proceeds of $6,350,000). The related borrower will have a two year period to qualify for the release starting on the loan origination date. If the related borrower does not qualify within that period, the lender may use the Earnout Reserve proceeds to pay down the outstanding principal balance of the related Mortgage Loan along with any prepayment premium as set forth in the loan documents.

A.	“Yield Maintenance Premium” shall mean an amount equal to the greater of (a) one-half of one percent (0.50%) of the outstanding principal of the Note 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 in respect of the principal amount being prepaid under the applicable Note assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the applicable Note is paid on the Permitted Par Prepayment 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 semiannually 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, provided, with respect to any prepayment of any portion of the Loan that is subject to a rated Securitization and which is made after the Payment Date in April, 2030, but prior to the Permitted Par Prepayment Date, the Yield Maintenance Premium shall be zero. “Permitted Par Prepayment Date” shall mean the Payment Date which is six (6) months prior to the Anticipated Repayment Date. “Anticipated Repayment Date” shall mean November 6, 2030. “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 equal to the remaining term to the Anticipated Repayment 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. If there is no United States Treasury Security with a yield equal to the remaining term to the Anticipated Repayment Date, the Prepayment Rate will be calculated by taking the linear interpolation of the yields with maturity dates (one longer and one shorter) most nearly approximating the remaining term to the Anticipated Repayment Date. “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.

B.	“Yield Maintenance Premium” shall mean, with respect to any repayment of the outstanding principal balance of the Loan, an amount equal to the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest under the Loan assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on the Loan is paid on the Permitted Prepayment Date (with each such payment and assumed payment discounted to its present value at the Prepayment Date 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 Monthly Payment Date in the event such payment is not made on a Monthly Payment Date), over (ii) the principal amount being prepaid. “Permitted Prepayment Date” shall mean the Monthly Payment Date in July, 2030. “Prepayment Date” shall mean the date on which the Loan is prepaid in accordance with the terms hereof. “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.

C.	“Prepayment Premium” shall mean, with respect to any prepayment of the Loan made prior to the Open Prepayment Date, 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 Prepayment Date. “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Open Prepayment Date (and including the balloon payment due on the Maturity Date as if such balloon payment was due on the Open Prepayment Date) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid on the Prepayment Date.

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D.	Yield Maintenance Premium shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Stated Maturity 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 Loan 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 (y) the Interest Rate and (z) the Yield Maintenance 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 Stated 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.

E.	“Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the outstanding principal amount of the Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Stated Maturity 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 outstanding principal amount of the Loan 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 (y) the Interest Rate and (z) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the per annum 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 Stated 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.

F.	“Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Stated Maturity 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 Loan 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 (y) the Interest Rate and (z) the Yield Maintenance 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 Stated 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.

G.	“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.

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H.	“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 Maturity 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 Maturity 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.

I.	“Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). 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 this Note 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 (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). 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.

J.	“Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). 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 this Note 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 (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). 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.

K.	“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.

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