FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-227446-15 | ||
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MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | %
of Initial Pool Balance |
% of Loan Balance | Mortgage Loan Originator(1) |
Mortgage Loan Seller(1) |
Related Group | Crossed Group | Address | City | County | State | Zip Code | General Property Type | Detailed Property Type |
1 | Loan | 1 | 300 East 34th Street | 9.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 300 East 34th Street | New York | New York | NY | 10016 | Multifamily | High Rise | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 7.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 600 Grant Street | Pittsburgh | Allegheny | PA | 15219 | Office | CBD |
3 | Loan | 5, 7, 9 | 1 | The Domain | 6.5% | 100.0% | BANA | BANA | NAP | NAP | 11410 Century Oaks Terrace | Austin | Travis | TX | 78758 | Retail | Anchored |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 5.2% | 100.0% | MSBNA | MSMCH | NAP | NAP | 2100 and 2136 East Florence Avenue | Huntington Park | Los Angeles | CA | 90255 | Retail | Anchored |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 5.2% | MSBNA | MSMCH | NAP | NAP | Various | Various | Various | Various | Various | Self Storage | Self Storage | |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | 0.9% | 16.9% | 29500 Michigan Avenue | Inkster | Wayne | MI | 48141 | Self Storage | Self Storage | |||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | 0.8% | 15.6% | 1836 Arapahoe Street | Los Angeles | Los Angeles | CA | 90006 | Self Storage | Self Storage | |||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | 0.8% | 14.9% | 4833 Thornton Avenue | Fremont | Alameda | CA | 94536 | Self Storage | Self Storage | |||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | 0.7% | 13.6% | 554 El Camino Real | Belmont | San Mateo | CA | 94002 | Self Storage | Self Storage | |||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | 0.6% | 10.7% | 9929 Harry Hines Boulevard | Dallas | Dallas | TX | 75220 | Self Storage | Self Storage | |||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | 0.5% | 10.1% | 1340 East 3rd Street | Dayton | Montgomery | OH | 45403 | Self Storage | Self Storage | |||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | 0.4% | 7.7% | 208 West Main Street | Hendersonville | Sumner | TN | 37075 | Self Storage | Self Storage | |||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | 0.3% | 5.6% | 2390 Austin Highway | San Antonio | Bexar | TX | 78218 | Self Storage | Self Storage | |||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | 0.3% | 5.1% | 5024 West Glendale Avenue | Glendale | Maricopa | AZ | 85301 | Self Storage | Self Storage | |||||
6 | Loan | 1 | 2600 Redondo | 4.8% | 100.0% | AREF | AREF | NAP | NAP | 2600 Redondo Avenue | Long Beach | Los Angeles | CA | 90806 | Office | Medical | |
7 | Loan | 1 | Granite Tower | 4.7% | 100.0% | MSBNA | MSMCH | NAP | NAP | 4055 Valley View Lane | Farmers Branch | Dallas | TX | 75244 | Office | Suburban | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | 4.3% | AREF | AREF | NAP | NAP | Various | Brooklyn | Kings | NY | Various | Multifamily | Mid Rise | |
8.01 | Property | 1 | 261 Lenox Road | 2.2% | 50.6% | 261 Lenox Road | Brooklyn | Kings | NY | 11226 | Multifamily | Mid Rise | |||||
8.02 | Property | 1 | 141 Lenox Road | 1.1% | 25.3% | 141 Lenox Road | Brooklyn | Kings | NY | 11226 | Multifamily | Mid Rise | |||||
8.03 | Property | 1 | 250 Parkville Avenue | 1.0% | 24.1% | 250 Parkville Avenue | Brooklyn | Kings | NY | 11230 | Multifamily | Mid Rise | |||||
9 | Loan | 1 | Evanston Plaza | 3.4% | 100.0% | AREF | AREF | NAP | NAP | 1910 Dempster Street | Evanston | Cook | IL | 60202 | Retail | Anchored | |
10 | Loan | 1 | 150 Thornhill | 3.4% | 100.0% | MSBNA | MSMCH | NAP | NAP | 150 Thorn Hill Road | Warrendale | Allegheny | PA | 15086 | Industrial | Warehouse/Distribution | |
11 | Loan | 1 | Snohomish Station Shopping Center | 3.3% | 100.0% | MSBNA | MSMCH | NAP | NAP | 2707, 2909 and 2929 Brickford Avenue | Snohomish | Snohomish | WA | 98290 | Retail | Anchored | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 2.9% | 100.0% | AREF | AREF | NAP | NAP | 485 Route 1 South | Iselin | Middlesex | NJ | 08830 | Other | Leased Fee |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 2.6% | 100.0% | AREF | AREF | NAP | NAP | 920 & 930 Ridgebrook Road | Sparks | Baltimore | MD | 21152 | Office | Suburban |
14 | Loan | 1 | 6304 Spine Road | 2.5% | 100.0% | MSBNA | MSMCH | NAP | NAP | 6304 Spine Road | Boulder | Boulder | CO | 80301 | Industrial | Flex/R&D | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 2.4% | 100.0% | SMC | SMC | NAP | NAP | 14324-14402 North Dale Mabry Highway | Tampa | Hillsborough | FL | 33618 | Retail | Anchored | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | 2.2% | SMC | SMC | NAP | NAP | Various | Richmond | Chesterfield | VA | Various | Office | Suburban | |
16.01 | Property | 1 | Winchester Office Building | 1.1% | 51.5% | 10800 Midlothian Turnpike | Richmond | Chesterfield | VA | 23235 | Office | Suburban | |||||
16.02 | Property | 1 | Moorefield Office Park | 1.0% | 48.5% | 804, 808 and 812 Moorefield Park Drive | Richmond | Chesterfield | VA | 23236 | Office | Suburban | |||||
17 | Loan | 1 | High Meadow Apartments | 2.0% | 100.0% | AREF | AREF | NAP | NAP | 3802 West University Boulevard | Durant | Bryan | OK | 74701 | Multifamily | Garden | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | 2.0% | AREF | AREF | NAP | NAP | Various | Various | Various | Various | Various | Retail | Various | |
18.01 | Property | 1 | Martin Downs | 1.1% | 56.4% | 2846 Southwest Town Center Way and 2951 Southwest High Meadow Avenue | Palm City | Martin | FL | 34990 | Retail | Shadow Anchored | |||||
18.02 | Property | 1 | Metro Gateway | 0.9% | 43.6% | 3315-3443 West Peoria Avenue | Phoenix | Maricopa | AZ | 85029 | Retail | Anchored | |||||
19 | Loan | 1 | Casa Grande Flexible Apartments | 1.8% | 100.0% | BANA | BANA | NAP | NAP | 540 North Cacheris Court | Casa Grande | Pinal | AZ | 85122 | Multifamily | Flexible Apartments | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 1.7% | 100.0% | AREF | AREF | NAP | NAP | 3753 Bolling Road | Richmond | Henrico | VA | 23223 | Mixed Use | Multifamily/Retail |
21 | Loan | 7 | 1 | Summerhill Marketplace | 1.6% | 100.0% | SMC | SMC | NAP | NAP | 647 State Route 18 | East Brunswick | Middlesex | NJ | 08816 | Retail | Anchored |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | 1.5% | AREF | AREF | NAP | NAP | Various | Brooklyn | Kings | NY | Various | Various | Various | |
22.01 | Property | 1 | 74 1st Place | 0.4% | 29.5% | 74 1st Place | Brooklyn | Kings | NY | 11231 | Multifamily | Mid Rise | |||||
22.02 | Property | 1 | 228 Livingston Street | 0.4% | 25.3% | 228 Livingston Street | Brooklyn | Kings | NY | 11201 | Mixed Use | Multifamily/Retail | |||||
22.03 | Property | 1 | 710 Degraw Street | 0.4% | 24.7% | 710 Degraw Street | Brooklyn | Kings | NY | 11217 | Multifamily | Garden | |||||
22.04 | Property | 1 | 302 5th Street | 0.3% | 20.5% | 302 5th Street | Brooklyn | Kings | NY | 11215 | Multifamily | Low Rise | |||||
23 | Loan | 1 | Willow Lawn | 1.4% | 100.0% | SMC | SMC | NAP | NAP | 1700 Willow Lawn Drive and 5001 West Broad Street | Richmond | Henrico | VA | 23230 | Mixed Use | Retail/Office | |
24 | Loan | 1 | South York Plaza | 1.3% | 100.0% | AREF | AREF | NAP | NAP | 201, 205-275 Pauline Drive | York | York | PA | 17402 | Retail | Anchored | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | 1.3% | 100.0% | MSBNA | MSMCH | NAP | NAP | 5701 US Highway 54 East | Mexico | Audrain | MO | 65265 | Industrial | Warehouse |
26 | Loan | 1 | 39 Suydam | 1.2% | 100.0% | MSBNA | MSMCH | NAP | NAP | 39 Suydam Street | Brooklyn | Kings | NY | 11221 | Multifamily | Mid Rise | |
27 | Loan | C | 1 | Guardian Storage Westminster | 1.1% | 100.0% | SMC | SMC | 1 | NAP | 9241 Wadsworth Boulevard | Westminster | Jefferson | CO | 80021 | Self Storage | Self Storage |
28 | Loan | 1 | Porte De L’eau Plaza | 1.0% | 100.0% | AREF | AREF | NAP | NAP | 2000-2046 45th Street | Highland | Lake | IN | 46322 | Retail | Unanchored | |
29 | Loan | D | 1 | Guardian Storage Washington | 1.0% | 100.0% | SMC | SMC | 1 | NAP | 840 Jefferson Avenue | Washington | Washington | PA | 15301 | Self Storage | Self Storage |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 1.0% | 100.0% | SMC | SMC | NAP | NAP | 35-65 Briar Creek Plaza | Berwick | Columbia | PA | 18603 | Retail | Anchored |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 0.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 180 East 79th Street | New York | New York | NY | 10075 | Mixed Use | Multifamily/Retail |
32 | Loan | 1 | Captree Shopping Center | 0.8% | 100.0% | MSBNA | MSMCH | NAP | NAP | 470 Union Boulevard | West Islip | Suffolk | NY | 11795 | Retail | Anchored | |
33 | Loan | 1 | El Dorado Apartments | 0.8% | 100.0% | SMC | SMC | NAP | NAP | 3621 Lawnview Lane | Indianapolis | Marion | IN | 46222 | Multifamily | Garden | |
34 | Loan | 1 | Arlingate Plaza | 0.8% | 100.0% | AREF | AREF | 2 | NAP | 1713-1717 Arlingate Lane | Columbus | Franklin | OH | 43228 | Industrial | Flex | |
35 | Loan | 1 | Sportsmans Warehouse | 0.8% | 100.0% | MSBNA | MSMCH | 2 | NAP | 11505 Northeast Fourth Plain Boulevard Suite H9 | Vancouver | Clark | WA | 98662 | Retail | Single Tenant | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | 0.7% | SMC | SMC | NAP | NAP | Various | Various | Various | Various | Various | Self Storage | Self Storage | |
36.01 | Property | 1 | AA Self Storage | 0.4% | 58.2% | 1838 Old Highway 40 | Junction City | Geary | KS | 66441 | Self Storage | Self Storage | |||||
36.02 | Property | 1 | Tiger Self Storage | 0.3% | 41.8% | 1427 Tiger Drive | Thibodaux | Lafourche | LA | 70301 | Self Storage | Self Storage | |||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | 0.7% | 100.0% | AREF | AREF | NAP | NAP | 10700 Abbotts Bridge Road | Johns Creek | Fulton | GA | 30097 | Office | Suburban |
38 | Loan | 1 | Atlantic Surf Apartments | 0.6% | 100.0% | AREF | AREF | NAP | NAP | 494 South Atlantic Avenue | Cocoa Beach | Brevard | FL | 32931 | Multifamily | Low Rise | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | 0.6% | MSBNA | MSMCH | NAP | NAP | Various | Brooklyn | Kings | NY | Various | Mixed Use | Multifamily/Retail | |
39.01 | Property | 1 | 259 5th Avenue | 0.3% | 55.9% | 259 5th Avenue | Brooklyn | Kings | NY | 11215 | Mixed Use | Multifamily/Retail | |||||
39.02 | Property | 1 | 250 Dekalb Avenue | 0.3% | 44.1% | 250 Dekalb Avenue | Brooklyn | Kings | NY | 11205 | Mixed Use | Multifamily/Retail | |||||
40 | Loan | 1 | 27th Street Workspaces | 0.6% | 100.0% | AREF | AREF | 3 | NAP | 400-650 Northeast 27th Street | Pompano Beach | Broward | FL | 33064 | Industrial | Flex | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | 0.6% | 100.0% | AREF | AREF | NAP | NAP | 1165-1195 Merrill Street | Menlo Park | San Mateo | CA | 94025 | Retail | Single Tenant |
42 | Loan | 20 | 1 | True Rudder | 0.5% | 100.0% | AREF | AREF | 3 | NAP | 801-901 Barnett Drive | Lake Worth Beach | Palm Beach | FL | 33461 | Industrial | Warehouse/Distribution |
43 | Loan | 21 | 1 | 2801 Finley Road | 0.4% | 100.0% | MSBNA | MSMCH | NAP | NAP | 2801 Finley Road | Downers Grove | DuPage | IL | 60515 | Office | Suburban |
A-1-1
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type |
1 | Loan | 1 | 300 East 34th Street | 1974 | NAP | 359 | Units | 208,913.65 | 75,000,000 | 75,000,000 | 75,000,000 | 2.32000% | 0.01738% | 2.30262% | NAP | 147,013.89 | NAP | 1,764,166.68 | Interest Only | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 1970 | 2014 | 2,336,270 | SF | 68.49 | 60,000,000 | 60,000,000 | 60,000,000 | 3.68297% | 0.01738% | 3.66559% | NAP | 186,706.07 | NAP | 2,240,472.84 | Interest Only |
3 | Loan | 5, 7, 9 | 1 | The Domain | 2007 | 2015-2018 | 886,526 | SF | 236.88 | 50,000,000 | 50,000,000 | 50,000,000 | 3.09400% | 0.01738% | 3.07662% | NAP | 130,707.18 | NAP | 1,568,486.16 | Interest Only |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 2008 | NAP | 244,563 | SF | 163.56 | 40,000,000 | 40,000,000 | 40,000,000 | 3.28000% | 0.03738% | 3.24262% | NAP | 110,851.85 | NAP | 1,330,222.20 | Interest Only |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | Various | Various | 352,064 | SF | 113.62 | 40,000,000 | 40,000,000 | 27,252,735 | 2.56490% | 0.01738% | 2.54752% | 180,756.88 | NAP | 2,169,082.56 | NAP | Amortizing Balloon - ARD |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | 1961 | 2001 | 66,121 | SF | 6,742,825 | 6,742,825 | 4,594,011 | ||||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | 1914 | NAP | 19,990 | SF | 6,252,438 | 6,252,438 | 4,259,901 | ||||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | 1979 | NAP | 28,790 | SF | 5,962,664 | 5,962,664 | 4,062,473 | ||||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | 1993 | NAP | 23,072 | SF | 5,427,696 | 5,427,696 | 3,697,989 | ||||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | 2000 | NAP | 64,950 | SF | 4,268,598 | 4,268,598 | 2,908,274 | ||||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | 1900 | 2001 | 52,486 | SF | 4,023,405 | 4,023,405 | 2,741,220 | ||||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | 1985 | 2002 | 31,222 | SF | 3,064,921 | 3,064,921 | 2,088,187 | ||||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | 1980 | NAP | 43,552 | SF | 2,229,033 | 2,229,033 | 1,518,681 | ||||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | 1979 | NAP | 21,881 | SF | 2,028,420 | 2,028,420 | 1,382,000 | ||||||||||
6 | Loan | 1 | 2600 Redondo | 1987 | NAP | 150,814 | SF | 245.34 | 37,000,000 | 37,000,000 | 37,000,000 | 3.87000% | 0.01738% | 3.85262% | NAP | 120,982.29 | NAP | 1,451,787.48 | Interest Only | |
7 | Loan | 1 | Granite Tower | 1999 | 2019 | 241,071 | SF | 150.58 | 36,300,000 | 36,300,000 | 36,300,000 | 3.72000% | 0.01738% | 3.70262% | NAP | 114,092.92 | NAP | 1,369,115.04 | Interest Only | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | Various | 2020 | 251 | Units | 131,474.10 | 33,000,000 | 33,000,000 | 33,000,000 | 3.82000% | 0.01738% | 3.80262% | NAP | 106,509.03 | NAP | 1,278,108.36 | Interest Only |
8.01 | Property | 1 | 261 Lenox Road | 1956 | 2020 | 121 | Units | 16,694,118 | 16,694,118 | 16,694,118 | ||||||||||
8.02 | Property | 1 | 141 Lenox Road | 1954 | 2020 | 67 | Units | 8,347,059 | 8,347,059 | 8,347,059 | ||||||||||
8.03 | Property | 1 | 250 Parkville Avenue | 1963 | 2020 | 63 | Units | 7,958,824 | 7,958,824 | 7,958,824 | ||||||||||
9 | Loan | 1 | Evanston Plaza | 1987 | 2015 | 212,759 | SF | 123.38 | 26,250,000 | 26,250,000 | 22,126,189 | 3.93500% | 0.01738% | 3.91762% | 124,339.84 | 87,273.65 | 1,492,078.08 | 1,047,283.80 | Interest Only, Amortizing Balloon | |
10 | Loan | 1 | 150 Thornhill | 1977 | 1999 | 416,512 | SF | 62.81 | 26,200,000 | 26,160,119 | 23,649,896 | 3.69000% | 0.01738% | 3.67262% | 120,446.00 | 81,683.96 | 1,445,352.00 | 980,207.52 | Amortizing Balloon, Interest Only | |
11 | Loan | 1 | Snohomish Station Shopping Center | 2008, 2012 | NAP | 179,829 | SF | 140.69 | 25,300,000 | 25,300,000 | 25,300,000 | 3.32000% | 0.01738% | 3.30262% | NAP | 70,968.84 | NAP | 851,626.08 | Interest Only | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 1982-1986 | NAP | 629,190 | SF | 79.44 | 22,500,000 | 22,492,500 | 22,050,000 | 3.93800% | 0.01613% | 3.92187% | 82,201.40 | 74,863.02 | 986,416.80 | 898,356.24 | Interest Only |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 1999 | NAP | 157,727 | SF | 126.80 | 20,000,000 | 20,000,000 | 16,202,187 | 4.48500% | 0.01738% | 4.46762% | 101,158.89 | NAP | 1,213,906.68 | NAP | Amortizing Balloon |
14 | Loan | 1 | 6304 Spine Road | 1965 | 1968, 1997 | 170,998 | SF | 110.76 | 19,000,000 | 18,940,019 | 14,759,505 | 3.32500% | 0.01738% | 3.30762% | 83,473.31 | NAP | 1,001,679.72 | NAP | Amortizing Balloon | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 1982, 1985, 2007 | 2005 | 162,207 | SF | 114.05 | 18,500,000 | 18,500,000 | 16,691,112 | 3.54600% | 0.06488% | 3.48112% | 83,549.03 | 55,426.77 | 1,002,588.36 | 665,121.25 | Interest Only, Amortizing Balloon | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | Various | NAP | 273,512 | SF | 60.33 | 16,500,000 | 16,500,000 | 15,513,500 | 3.15000% | 0.01738% | 3.13262% | 70,906.59 | 43,914.06 | 850,879.08 | 526,968.75 | Interest Only, Amortizing Balloon |
16.01 | Property | 1 | Winchester Office Building | 1987 | NAP | 127,810 | SF | 8,500,000 | 8,500,000 | 7,991,803 | ||||||||||
16.02 | Property | 1 | Moorefield Office Park | 1984 | NAP | 145,702 | SF | 8,000,000 | 8,000,000 | 7,521,697 | ||||||||||
17 | Loan | 1 | High Meadow Apartments | 2007 | NAP | 208 | Units | 73,197.12 | 15,225,000 | 15,225,000 | 15,225,000 | 3.84000% | 0.01738% | 3.82262% | NAP | 49,396.67 | NAP | 592,760.04 | Interest Only | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | Various | NAP | 109,188 | SF | 138.11 | 15,100,000 | 15,079,825 | 12,203,352 | 4.42000% | 0.01738% | 4.40262% | 75,793.39 | NAP | 909,520.68 | NAP | Amortizing Balloon |
18.01 | Property | 1 | Martin Downs | 2006 | NAP | 36,292 | SF | 8,523,111 | 8,511,723 | 6,888,114 | ||||||||||
18.02 | Property | 1 | Metro Gateway | 1977 | NAP | 72,896 | SF | 6,576,889 | 6,568,102 | 5,315,238 | ||||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | 2008 | 2015 | 372 | Units | 37,634.41 | 14,000,000 | 14,000,000 | 12,698,007 | 3.85000% | 0.01738% | 3.83262% | 65,633.15 | 45,540.51 | 787,597.80 | 546,486.12 | Interest Only, Amortizing Balloon | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 1948 | 2004 | 232,623 | SF | 55.88 | 13,000,000 | 13,000,000 | 10,603,796 | 3.80000% | 0.01738% | 3.78262% | 60,574.46 | 41,738.43 | 726,893.52 | 500,861.16 | Interest Only, Amortizing Balloon |
21 | Loan | 7 | 1 | Summerhill Marketplace | 1997, 2009 | NAP | 88,679 | SF | 140.96 | 12,500,000 | 12,500,000 | 10,840,237 | 4.01800% | 0.01738% | 4.00062% | 59,806.70 | 42,435.47 | 717,680.40 | 509,225.69 | Interest Only, Amortizing Balloon |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | Various | 2020 | 14 | Units | 821,428.57 | 11,500,000 | 11,500,000 | 11,500,000 | 4.01000% | 0.01738% | 3.99262% | NAP | 38,962.91 | NAP | 467,554.92 | Interest Only |
22.01 | Property | 1 | 74 1st Place | 1910 | 2020 | 5 | Units | 3,391,854 | 3,391,854 | 3,391,854 | ||||||||||
22.02 | Property | 1 | 228 Livingston Street | 1920 | 2020 | 2 | Units | 2,907,303 | 2,907,303 | 2,907,303 | ||||||||||
22.03 | Property | 1 | 710 Degraw Street | 1920 | 2020 | 4 | Units | 2,842,697 | 2,842,697 | 2,842,697 | ||||||||||
22.04 | Property | 1 | 302 5th Street | 1910 | 2020 | 3 | Units | 2,358,146 | 2,358,146 | 2,358,146 | ||||||||||
23 | Loan | 1 | Willow Lawn | 2008 | NAP | 47,778 | SF | 225.00 | 10,750,000 | 10,750,000 | 9,649,871 | 3.26400% | 0.01738% | 3.24662% | 46,867.32 | 29,646.11 | 562,407.84 | 355,753.33 | Interest Only, Amortizing Balloon | |
24 | Loan | 1 | South York Plaza | 1990 | NAP | 125,743 | SF | 81.12 | 10,200,000 | 10,200,000 | 10,200,000 | 3.41500% | 0.01738% | 3.39762% | NAP | 29,430.66 | NAP | 353,167.92 | Interest Only | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | 1985, 2016 | NAP | 310,316 | SF | 31.99 | 9,950,000 | 9,926,715 | 8,159,913 | 4.85000% | 0.01738% | 4.83262% | 52,505.34 | NAP | 630,064.08 | NAP | Amortizing Balloon |
26 | Loan | 1 | 39 Suydam | 2015 | NAP | 37 | Units | 250,000.00 | 9,250,000 | 9,250,000 | 9,250,000 | 3.61000% | 0.01738% | 3.59262% | NAP | 28,213.57 | NAP | 338,562.84 | Interest Only | |
27 | Loan | C | 1 | Guardian Storage Westminster | 2009 | NAP | 85,617 | SF | 94.61 | 8,100,000 | 8,100,000 | 8,100,000 | 3.50000% | 0.04738% | 3.45262% | NAP | 23,953.13 | NAP | 287,437.50 | Interest Only |
28 | Loan | 1 | Porte De L’eau Plaza | 1984 | NAP | 88,616 | SF | 90.12 | 7,986,000 | 7,986,000 | 6,228,457 | 3.43000% | 0.01738% | 3.41262% | 35,549.39 | NAP | 426,592.68 | NAP | Amortizing Balloon | |
29 | Loan | D | 1 | Guardian Storage Washington | 1980 | 2005, 2020 | 80,781 | SF | 96.56 | 7,800,000 | 7,800,000 | 7,800,000 | 3.22000% | 0.04738% | 3.17262% | NAP | 21,220.69 | NAP | 254,648.33 | Interest Only |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 1999 | NAP | 65,862 | SF | 113.87 | 7,500,000 | 7,500,000 | 6,745,320 | 3.37500% | 0.01738% | 3.35762% | 33,157.22 | 21,386.72 | 397,886.64 | 256,640.63 | Interest Only, Amortizing Balloon |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 1930 | 2008 | 118 | Units | 55,084.75 | 6,500,000 | 6,500,000 | 6,500,000 | 2.74000% | 0.01738% | 2.72262% | NAP | 15,047.80 | NAP | 180,573.60 | Interest Only |
32 | Loan | 1 | Captree Shopping Center | 1956 | NAP | 110,901 | SF | 54.10 | 6,000,000 | 6,000,000 | 6,000,000 | 3.06500% | 0.01738% | 3.04762% | NAP | 15,537.85 | NAP | 186,454.20 | Interest Only | |
33 | Loan | 1 | El Dorado Apartments | 1973 | NAP | 164 | Units | 36,585.37 | 6,000,000 | 6,000,000 | 4,730,519 | 3.72000% | 0.05738% | 3.66262% | 27,684.90 | NAP | 332,218.80 | NAP | Amortizing Balloon | |
34 | Loan | 1 | Arlingate Plaza | 1981, 1985 | NAP | 115,639 | SF | 51.89 | 6,000,000 | 6,000,000 | 6,000,000 | 3.48500% | 0.01738% | 3.46762% | NAP | 17,667.01 | NAP | 212,004.12 | Interest Only | |
35 | Loan | 1 | Sportsmans Warehouse | 1994 | 2007 | 48,704 | SF | 121.14 | 5,900,000 | 5,900,000 | 5,900,000 | 3.67000% | 0.01738% | 3.65262% | NAP | 18,294.78 | NAP | 219,537.36 | Interest Only | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | Various | NAP | 124,098 | SF | 44.32 | 5,500,000 | 5,500,000 | 4,761,528 | 3.94700% | 0.01738% | 3.92962% | 26,090.07 | 18,341.67 | 313,080.84 | 220,100.07 | Interest Only, Amortizing Balloon |
36.01 | Property | 1 | AA Self Storage | 2001-2010 | NAP | 85,058 | SF | 3,200,000 | 3,200,000 | 2,770,344 | ||||||||||
36.02 | Property | 1 | Tiger Self Storage | 2004-2017 | NAP | 39,040 | SF | 2,300,000 | 2,300,000 | 1,991,185 | ||||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | 2001 | NAP | 69,130 | SF | 78.84 | 5,450,000 | 5,450,000 | 4,964,771 | 4.11000% | 0.01738% | 4.09262% | 26,365.94 | NAP | 316,391.28 | NAP | Amortizing Balloon |
38 | Loan | 1 | Atlantic Surf Apartments | 1964 | NAP | 36 | Units | 138,055.56 | 4,970,000 | 4,970,000 | 4,551,148 | 4.43000% | 0.01738% | 4.41262% | 24,975.97 | 18,602.41 | 299,711.64 | 223,228.92 | Interest Only, Amortizing Balloon | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | Various | Various | 10 | Units | 450,000.00 | 4,500,000 | 4,500,000 | 4,500,000 | 3.57000% | 0.01738% | 3.55262% | NAP | 13,573.44 | NAP | 162,881.28 | Interest Only |
39.01 | Property | 1 | 259 5th Avenue | 1925 | 2013 | 6 | Units | 2,516,129 | 2,516,129 | 2,516,129 | ||||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | 1879 | 2012 | 4 | Units | 1,983,871 | 1,983,871 | 1,983,871 | ||||||||||
40 | Loan | 1 | 27th Street Workspaces | 1972 | 2018 | 46,498 | SF | 96.78 | 4,500,000 | 4,500,000 | 4,500,000 | 3.59000% | 0.01738% | 3.57262% | NAP | 13,649.48 | NAP | 163,793.76 | Interest Only | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | 2002 | NAP | 7,463 | SF | 569.48 | 4,250,000 | 4,250,000 | 3,536,102 | 5.30000% | 0.01738% | 5.28262% | 23,600.45 | NAP | 283,205.40 | NAP | Amortizing Balloon |
42 | Loan | 20 | 1 | True Rudder | 1982 | NAP | 48,024 | SF | 87.46 | 4,200,000 | 4,200,000 | 4,200,000 | 3.83000% | 0.01738% | 3.81262% | NAP | 13,591.18 | NAP | 163,094.16 | Interest Only |
43 | Loan | 21 | 1 | 2801 Finley Road | 1977 | 2021 | 29,295 | SF | 112.51 | 3,300,000 | 3,295,935 | 2,707,068 | 4.86500% | 0.01738% | 4.84762% | 17,443.85 | NAP | 209,326.20 | NAP | Amortizing Balloon |
A-1-2
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace
Period to Late Charge (Days) |
1 | Loan | 1 | 300 East 34th Street | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/28/2021 | 1 | 1 | 7/1/2021 | NAP | 6/1/2031 | NAP | 0 | |
2 | Loan | 5 | 1 | U.S. Steel Tower | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 5/6/2021 | 1 | 1 | 7/1/2021 | NAP | 6/1/2026 | NAP | 5 |
3 | Loan | 5, 7, 9 | 1 | The Domain | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/16/2021 | 0 | 1 | 8/1/2021 | NAP | 7/1/2031 | NAP | 0 |
4 | Loan | 11 | 1 | La Alameda Shopping Center | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/30/2021 | 2 | 1 | 6/1/2021 | NAP | 5/1/2031 | NAP | 0 |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | Yes | Actual/360 | 0 | 0 | 120 | 120 | 300 | 300 | 6/16/2021 | 0 | 1 | 8/1/2021 | 8/1/2021 | 7/1/2031 | 7/1/2041 | 0 |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | |||||||||||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | |||||||||||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | |||||||||||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | |||||||||||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | |||||||||||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | |||||||||||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | |||||||||||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | |||||||||||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | |||||||||||||||||
6 | Loan | 1 | 2600 Redondo | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 6/7/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2026 | NAP | 5 | |
7 | Loan | 1 | Granite Tower | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/9/2021 | 0 | 1 | 8/1/2021 | NAP | 7/1/2031 | NAP | 5 | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/18/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 |
8.01 | Property | 1 | 261 Lenox Road | |||||||||||||||||
8.02 | Property | 1 | 141 Lenox Road | |||||||||||||||||
8.03 | Property | 1 | 250 Parkville Avenue | |||||||||||||||||
9 | Loan | 1 | Evanston Plaza | No | Actual/360 | 24 | 22 | 120 | 118 | 360 | 360 | 4/30/2021 | 2 | 6 | 6/6/2021 | 6/6/2023 | 5/6/2031 | NAP | 0 | |
10 | Loan | 1 | 150 Thornhill | No | Actual/360 | 60 | 60 | 120 | 119 | 360 | 359 | 5/26/2021 | 1 | 1 | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 0 | |
11 | Loan | 1 | Snohomish Station Shopping Center | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/28/2021 | 1 | 1 | 7/1/2021 | NAP | 6/1/2031 | NAP | 0 | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/24/2021 | 1 | 6 | 7/6/2021 | 7/6/2021 | 6/6/2031 | NAP | 0 |
13 | Loan | 13 | 1 | Tower Point at the Highlands | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 6/17/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 |
14 | Loan | 1 | 6304 Spine Road | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 4/29/2021 | 2 | 1 | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 0 | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | No | Actual/360 | 60 | 60 | 120 | 120 | 360 | 360 | 6/18/2021 | 0 | 6 | 8/6/2021 | 8/6/2026 | 7/6/2031 | NAP | 0 | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | No | Actual/360 | 24 | 24 | 60 | 60 | 360 | 360 | 6/15/2021 | 0 | 6 | 8/6/2021 | 8/6/2023 | 7/6/2026 | NAP | 0 |
16.01 | Property | 1 | Winchester Office Building | |||||||||||||||||
16.02 | Property | 1 | Moorefield Office Park | |||||||||||||||||
17 | Loan | 1 | High Meadow Apartments | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/27/2021 | 1 | 6 | 7/6/2021 | NAP | 6/6/2031 | NAP | 0 | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 5/28/2021 | 1 | 6 | 7/6/2021 | 7/6/2021 | 6/6/2031 | NAP | 0 |
18.01 | Property | 1 | Martin Downs | |||||||||||||||||
18.02 | Property | 1 | Metro Gateway | |||||||||||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | No | Actual/360 | 60 | 60 | 120 | 120 | 360 | 360 | 6/18/2021 | 0 | 1 | 8/1/2021 | 8/1/2026 | 7/1/2031 | NAP | 0 | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | No | Actual/360 | 12 | 12 | 120 | 120 | 360 | 360 | 6/22/2021 | 0 | 6 | 8/6/2021 | 8/6/2022 | 7/6/2031 | NAP | 0 |
21 | Loan | 7 | 1 | Summerhill Marketplace | No | Actual/360 | 36 | 36 | 120 | 120 | 360 | 360 | 6/9/2021 | 0 | 6 | 8/6/2021 | 8/6/2024 | 7/6/2031 | NAP | 0 |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 5/6/2021 | 2 | 6 | 6/6/2021 | NAP | 5/6/2031 | NAP | 0 |
22.01 | Property | 1 | 74 1st Place | |||||||||||||||||
22.02 | Property | 1 | 228 Livingston Street | |||||||||||||||||
22.03 | Property | 1 | 710 Degraw Street | |||||||||||||||||
22.04 | Property | 1 | 302 5th Street | |||||||||||||||||
23 | Loan | 1 | Willow Lawn | No | Actual/360 | 60 | 60 | 120 | 120 | 360 | 360 | 6/16/2021 | 0 | 6 | 8/6/2021 | 8/6/2026 | 7/6/2031 | NAP | 0 | |
24 | Loan | 1 | South York Plaza | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/18/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 4/15/2021 | 2 | 1 | 6/1/2021 | 6/1/2021 | 5/1/2031 | NAP | 0 |
26 | Loan | 1 | 39 Suydam | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/10/2021 | 0 | 1 | 8/1/2021 | NAP | 7/1/2031 | NAP | 0 | |
27 | Loan | C | 1 | Guardian Storage Westminster | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/10/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 |
28 | Loan | 1 | Porte De L’eau Plaza | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 6/17/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 | |
29 | Loan | D | 1 | Guardian Storage Washington | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/10/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | No | Actual/360 | 60 | 59 | 120 | 119 | 360 | 360 | 6/4/2021 | 1 | 6 | 7/6/2021 | 7/6/2026 | 6/6/2031 | NAP | 0 |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/28/2021 | 1 | 1 | 7/1/2021 | NAP | 6/1/2031 | NAP | 0 |
32 | Loan | 1 | Captree Shopping Center | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/7/2021 | 0 | 1 | 8/1/2021 | NAP | 7/1/2031 | NAP | 5 | |
33 | Loan | 1 | El Dorado Apartments | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 6/16/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 | |
34 | Loan | 1 | Arlingate Plaza | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/18/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | |
35 | Loan | 1 | Sportsmans Warehouse | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/14/2021 | 1 | 5 | 7/5/2021 | NAP | 6/5/2031 | NAP | 0 | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | No | Actual/360 | 36 | 36 | 120 | 120 | 360 | 360 | 6/17/2021 | 0 | 6 | 8/6/2021 | 8/6/2024 | 7/6/2031 | NAP | 0 |
36.01 | Property | 1 | AA Self Storage | |||||||||||||||||
36.02 | Property | 1 | Tiger Self Storage | |||||||||||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | No | Actual/360 | 0 | 0 | 60 | 60 | 360 | 360 | 6/15/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2026 | NAP | 0 |
38 | Loan | 1 | Atlantic Surf Apartments | No | Actual/360 | 60 | 60 | 120 | 120 | 360 | 360 | 6/17/2021 | 0 | 6 | 8/6/2021 | 8/6/2026 | 7/6/2031 | NAP | 0 | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/4/2021 | 0 | 1 | 8/1/2021 | NAP | 7/1/2031 | NAP | 5 |
39.01 | Property | 1 | 259 5th Avenue | |||||||||||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | |||||||||||||||||
40 | Loan | 1 | 27th Street Workspaces | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 6/16/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | No | Actual/360 | 0 | 0 | 120 | 120 | 360 | 360 | 6/21/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 |
42 | Loan | 20 | 1 | True Rudder | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/14/2021 | 1 | 6 | 7/6/2021 | NAP | 6/6/2031 | NAP | 0 |
43 | Loan | 21 | 1 | 2801 Finley Road | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 5/17/2021 | 1 | 1 | 7/1/2021 | 7/1/2021 | 6/1/2031 | NAP | 0 |
A-1-3
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Grace
Period to Default (Days) |
Prepayment
Provisions (No. of Payments) |
Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) |
1 | Loan | 1 | 300 East 34th Street | 5 | L(25),D(90),O(5) | 18,156,888 | 10,209,604 | 7,947,284 | 3/31/2021 | T-12 | 18,707,347 | 10,333,576 | 8,373,771 | 12/31/2020 | T-12 | 19,669,523 | 10,106,503 | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 5 | L(25),D(31),O(4) | 51,267,871 | 26,570,303 | 24,697,568 | 12/31/2020 | T-12 | 52,574,626 | 27,225,288 | 25,349,338 | 12/31/2019 | T-12 | 53,083,428 | 27,790,668 |
3 | Loan | 5, 7, 9 | 1 | The Domain | 0 | L(24),D(89),O(7) | 37,016,924 | 11,245,945 | 25,770,979 | 4/30/2021 | T-12 | 36,475,250 | 11,547,946 | 24,927,304 | 12/31/2020 | T-12 | 48,190,523 | 19,445,573 |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 5 | L(26),D(90),O(4) | 6,714,242 | 2,810,013 | 3,904,230 | 3/31/2021 | T-12 | 6,341,372 | 2,787,500 | 3,553,872 | 12/31/2020 | T-12 | 6,697,618 | 2,862,507 |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 0 | L(24),D(93),O(3) | 6,300,135 | 1,849,857 | 4,450,278 | 4/30/2021 | T-12 | 6,299,709 | 1,878,157 | 4,421,553 | 12/31/2020 | T-12 | 6,327,042 | 1,704,689 |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | 1,081,497 | 284,206 | 797,291 | 4/30/2021 | T-12 | 1,090,100 | 290,276 | 799,824 | 12/31/2020 | T-12 | 1,147,067 | 289,142 | |||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | 800,721 | 131,391 | 669,331 | 4/30/2021 | T-12 | 755,205 | 154,402 | 600,804 | 12/31/2020 | T-12 | 807,575 | 129,656 | |||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | 851,560 | 204,496 | 647,065 | 4/30/2021 | T-12 | 833,671 | 208,784 | 624,887 | 12/31/2020 | T-12 | 774,376 | 183,179 | |||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | 731,483 | 216,432 | 515,051 | 4/30/2021 | T-12 | 734,361 | 214,760 | 519,601 | 12/31/2020 | T-12 | 677,049 | 196,352 | |||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | 844,904 | 285,056 | 559,848 | 4/30/2021 | T-12 | 870,011 | 287,477 | 582,535 | 12/31/2020 | T-12 | 883,892 | 250,149 | |||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | 658,780 | 205,031 | 453,749 | 4/30/2021 | T-12 | 650,637 | 200,486 | 450,152 | 12/31/2020 | T-12 | 629,579 | 196,948 | |||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | 491,872 | 161,313 | 330,559 | 4/30/2021 | T-12 | 515,178 | 161,229 | 353,949 | 12/31/2020 | T-12 | 575,025 | 112,934 | |||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | 480,526 | 211,090 | 269,436 | 4/30/2021 | T-12 | 488,489 | 213,665 | 274,824 | 12/31/2020 | T-12 | 464,840 | 215,666 | |||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | 358,791 | 150,843 | 207,948 | 4/30/2021 | T-12 | 362,057 | 147,079 | 214,979 | 12/31/2020 | T-12 | 367,639 | 130,662 | |||
6 | Loan | 1 | 2600 Redondo | 0 | L(24),D(31),O(5) | 4,387,900 | 1,317,430 | 3,070,471 | 12/31/2020 | T-12 | 4,331,796 | 1,423,070 | 2,908,726 | 12/31/2019 | T-12 | 4,283,613 | 1,523,984 | |
7 | Loan | 1 | Granite Tower | 5 | L(24),D(91),O(5) | 5,101,077 | 2,761,739 | 2,339,338 | 3/31/2021 | T-12 | 4,341,437 | 2,748,478 | 1,592,960 | 12/31/2020 | T-12 | 3,360,682 | 2,892,031 | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | 0 | L(24),D(90),O(6) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8.01 | Property | 1 | 261 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
8.02 | Property | 1 | 141 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
8.03 | Property | 1 | 250 Parkville Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9 | Loan | 1 | Evanston Plaza | 0 | L(26),D(89),O(5) | 4,303,325 | 1,387,898 | 2,915,426 | 3/31/2021 | T-12 | 4,037,983 | 1,625,390 | 2,412,593 | 12/31/2020 | T-12 | 3,643,584 | 1,924,285 | |
10 | Loan | 1 | 150 Thornhill | 5 | L(25),D(91),O(4) | 4,249,393 | 913,150 | 3,336,243 | 2/28/2021 | T-12 | 4,063,668 | 944,182 | 3,119,486 | 12/31/2020 | T-12 | 3,050,304 | 794,729 | |
11 | Loan | 1 | Snohomish Station Shopping Center | 5 | L(25),D(91),O(4) | 3,480,154 | 686,325 | 2,793,829 | 3/31/2021 | T-12 | 3,575,656 | 689,947 | 2,885,709 | 12/31/2020 | T-12 | 3,465,733 | 643,677 | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 0 | L(25),D(91),O(4) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 0 | L(24),D(91),O(5) | 3,092,262 | 1,233,070 | 1,859,192 | 3/31/2021 | T-12 | 3,071,466 | 1,197,339 | 1,874,127 | 12/31/2020 | T-12 | 3,178,874 | 1,211,138 |
14 | Loan | 1 | 6304 Spine Road | 5 | L(26),D(89),O(5) | 3,299,951 | 1,524,067 | 1,775,884 | 12/31/2020 | T-12 | 3,188,263 | 1,448,665 | 1,739,597 | 12/31/2019 | T-12 | 2,930,334 | 1,478,250 | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 0 | L(24),D(92),O(4) | 3,750,157 | 1,245,354 | 2,504,803 | 4/30/2021 | T-12 | 3,586,831 | 1,252,539 | 2,334,292 | 12/31/2020 | T-12 | 3,771,026 | 1,346,820 | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | 0 | L(24),YM1(31),O(5) | 3,677,235 | 1,734,173 | 1,943,062 | 3/31/2021 | T-12 | 3,696,887 | 1,706,461 | 1,990,426 | 12/31/2020 | T-12 | 3,998,087 | 1,773,720 |
16.01 | Property | 1 | Winchester Office Building | 1,952,986 | 808,874 | 1,144,111 | 3/31/2021 | T-12 | 1,917,441 | 774,592 | 1,142,849 | 12/31/2020 | T-12 | 1,919,760 | 793,462 | |||
16.02 | Property | 1 | Moorefield Office Park | 1,724,250 | 925,299 | 798,951 | 3/31/2021 | T-12 | 1,779,446 | 931,869 | 847,577 | 12/31/2020 | T-12 | 2,078,327 | 980,258 | |||
17 | Loan | 1 | High Meadow Apartments | 0 | L(25),D(91),O(4) | 2,131,802 | 872,196 | 1,259,606 | 4/31/2021 | T-12 | 2,038,382 | 853,714 | 1,184,668 | 12/31/2020 | T-12 | 1,927,211 | 840,326 | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | 0 | L(25),D(92),O(3) | 2,317,507 | 703,649 | 1,613,858 | 3/31/2021 | T-12 | 2,403,597 | 703,373 | 1,700,225 | 12/31/2020 | T-12 | 2,472,914 | 697,013 |
18.01 | Property | 1 | Martin Downs | 1,282,453 | 388,365 | 894,088 | 3/31/2021 | T-12 | 1,334,611 | 400,373 | 934,238 | 12/31/2020 | T-12 | 1,401,143 | 378,482 | |||
18.02 | Property | 1 | Metro Gateway | 1,035,053 | 315,283 | 719,770 | 3/31/2021 | T-12 | 1,068,986 | 303,000 | 765,987 | 12/31/2020 | T-12 | 1,071,772 | 318,530 | |||
19 | Loan | 1 | Casa Grande Flexible Apartments | 5 | L(24),D(92),O(4) | 4,413,604 | 2,336,651 | 2,076,953 | 4/30/2021 | T-12 | 4,287,936 | 2,335,208 | 1,952,728 | 12/31/2020 | T-12 | 4,110,317 | 2,292,839 | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 0 | L(24),D(92),O(4) | 2,343,631 | 1,055,251 | 1,288,380 | 2/28/2021 | T-12 | 2,301,241 | 1,112,960 | 1,188,281 | 12/31/2020 | T-12 | 2,018,884 | 1,056,955 |
21 | Loan | 7 | 1 | Summerhill Marketplace | 0 | L(24),D(92),O(4) | 1,847,321 | 603,033 | 1,244,288 | 4/30/2021 | T-12 | 1,550,475 | 589,207 | 961,268 | 12/31/2020 | T-12 | 1,938,447 | 703,114 |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | 0 | L(26),D(91),O(3) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22.01 | Property | 1 | 74 1st Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
22.02 | Property | 1 | 228 Livingston Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
22.03 | Property | 1 | 710 Degraw Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
22.04 | Property | 1 | 302 5th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
23 | Loan | 1 | Willow Lawn | 0 | L(24),D(91),O(5) | 1,470,262 | 328,450 | 1,141,812 | 4/30/2021 | T-12 | 1,459,596 | 315,541 | 1,144,056 | 12/31/2020 | T-12 | 1,448,922 | 326,194 | |
24 | Loan | 1 | South York Plaza | 0 | L(24),D(91),O(5) | 1,631,347 | 473,750 | 1,157,597 | 4/30/2021 | T-12 | 1,588,682 | 486,298 | 1,102,384 | 12/31/2020 | T-12 | 1,756,538 | 561,489 | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | 5 | L(26),DorYM1(89),O(5) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 1 | 39 Suydam | 5 | L(24),D(92),O(4) | 1,019,016 | 189,606 | 829,410 | 3/31/2021 | T-12 | 1,047,306 | 191,419 | 855,887 | 12/31/2020 | T-12 | 1,076,103 | 199,160 | |
27 | Loan | C | 1 | Guardian Storage Westminster | 0 | L(24),YM1(92),O(4) | 1,294,272 | 602,947 | 691,325 | 4/30/2021 | T-12 | 1,294,876 | 590,328 | 704,548 | 12/31/2020 | T-12 | 1,304,838 | 594,532 |
28 | Loan | 1 | Porte De L’eau Plaza | 0 | L(24),D(93),O(3) | 1,475,992 | 394,458 | 1,081,535 | 4/30/2021 | T-12 | 1,489,925 | 276,427 | 1,213,498 | 12/31/2020 | T-12 | 1,522,780 | 250,972 | |
29 | Loan | D | 1 | Guardian Storage Washington | 0 | L(24),YM1(92),O(4) | 1,222,920 | 459,796 | 763,124 | 4/30/2021 | T-12 | 1,199,336 | 456,492 | 742,844 | 12/31/2020 | T-12 | 1,162,698 | 442,832 |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 0 | L(24),YM1(92),O(4) | 1,084,745 | 224,734 | 860,011 | 2/28/2021 | T-12 | 1,083,223 | 209,100 | 874,123 | 12/31/2020 | T-12 | 1,075,184 | 208,764 |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 5 | L(25),D(90),O(5) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 1 | Captree Shopping Center | 5 | L(24),D(92),O(4) | 3,239,796 | 1,282,094 | 1,957,702 | 12/31/2020 | T-12 | 3,285,076 | 1,265,847 | 2,019,229 | 12/31/2019 | T-12 | NAP | NAP | |
33 | Loan | 1 | El Dorado Apartments | 0 | L(24),D(92),O(4) | 1,266,156 | 628,851 | 637,305 | 3/31/2021 | T-12 | 1,267,080 | 675,928 | 591,152 | 12/31/2020 | T-12 | 1,218,147 | 730,358 | |
34 | Loan | 1 | Arlingate Plaza | 0 | L(24),D(92),O(4) | 1,034,377 | 321,820 | 712,557 | 4/30/2021 | T-12 | 1,002,707 | 294,507 | 708,200 | 12/31/2020 | T-12 | 1,029,436 | 367,574 | |
35 | Loan | 1 | Sportsmans Warehouse | 0 | L(25),D(91),O(4) | 894,180 | 162,290 | 731,890 | 12/31/2020 | T-12 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | 0 | L(24),D(91),O(5) | 906,338 | 301,160 | 605,178 | 4/30/2021 | T-12 | 886,764 | 309,393 | 577,371 | 12/31/2020 | T-12 | 879,415 | 314,181 |
36.01 | Property | 1 | AA Self Storage | 567,794 | 224,451 | 343,343 | 4/30/2021 | T-12 | 556,307 | 235,001 | 321,306 | 12/31/2020 | T-12 | 561,452 | 237,802 | |||
36.02 | Property | 1 | Tiger Self Storage | 338,544 | 76,709 | 261,835 | 4/30/2021 | T-12 | 330,457 | 74,391 | 256,066 | 12/31/2020 | T-12 | 317,963 | 76,379 | |||
37 | Loan | 18 | 1 | Abbotts Bridge Office | 0 | L(24),D(33),O(3) | 776,101 | 227,135 | 548,966 | 3/31/2021 | T-12 | 665,636 | 231,042 | 434,595 | 12/31/2020 | T-12 | 634,903 | 230,406 |
38 | Loan | 1 | Atlantic Surf Apartments | 0 | L(24),D(91),O(5) | 354,246 | 113,345 | 240,902 | 4/30/2021 | T-12 | 310,167 | 112,380 | 197,787 | 12/31/2020 | T-12 | NAP | NAP | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | 5 | L(24),D(92),O(4) | 576,003 | 99,035 | 476,968 | 12/31/2020 | T-12 | 505,712 | 107,838 | 397,874 | 12/31/2019 | T-12 | NAP | NAP |
39.01 | Property | 1 | 259 5th Avenue | 332,122 | 48,778 | 283,344 | 12/31/2020 | T-12 | 311,671 | 58,584 | 253,087 | 12/31/2019 | T-12 | NAP | NAP | |||
39.02 | Property | 1 | 250 Dekalb Avenue | 243,881 | 50,257 | 193,624 | 12/31/2020 | T-12 | 194,041 | 49,254 | 144,787 | 12/31/2019 | T-12 | NAP | NAP | |||
40 | Loan | 1 | 27th Street Workspaces | 0 | L(24),D(92),O(4) | 539,565 | 174,727 | 364,839 | 5/31/2021 | T-12 | 480,125 | 169,505 | 310,620 | 12/31/2020 | T-12 | 426,379 | 145,312 | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | 0 | L(37),YM2(80),O(3) | 275,156 | 80,424 | 194,733 | 5/31/2021 | T-12 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 20 | 1 | True Rudder | 0 | L(25),D(91),O(4) | 607,749 | 192,129 | 415,620 | 3/31/2021 | T-12 | 561,831 | 208,253 | 353,578 | 12/31/2020 | T-12 | 457,357 | 226,868 |
43 | Loan | 21 | 1 | 2801 Finley Road | 5 | L(25),D(91),O(4) | 167,425 | 164,518 | 2,907 | 3/31/2021 | T-12 | 125,228 | 163,864 | (38,636) | 12/31/2020 | T-12 | NAP | NAP |
A-1-4
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) |
1 | Loan | 1 | 300 East 34th Street | 9,563,020 | 12/31/2019 | T-12 | 93.2% | 18,105,037 | 9,294,644 | 8,810,393 | 93,590 | 80,804 | 8,635,999 | 4.99 | 4.90 | 11.7% | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 25,292,760 | 12/31/2018 | T-12 | 73.2% | 46,184,529 | 27,710,549 | 18,473,980 | 513,979 | 936,441 | 17,023,559 | 3.09 | 2.85 | 11.5% |
3 | Loan | 5, 7, 9 | 1 | The Domain | 28,744,950 | 12/31/2019 | T-12 | 93.5% | 45,170,187 | 16,213,342 | 28,956,844 | 132,979 | 1,329,789 | 27,494,076 | 4.40 | 4.17 | 13.8% |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 3,835,111 | 12/31/2019 | T-12 | 81.4% | 7,248,761 | 2,829,865 | 4,418,896 | 36,684 | 363,638 | 4,018,574 | 3.32 | 3.02 | 11.0% |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 4,622,353 | 12/31/2019 | T-12 | 83.8% | 6,196,570 | 1,881,913 | 4,314,657 | 59,293 | 0 | 4,255,364 | 1.99 | 1.96 | 10.8% |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | 857,925 | 12/31/2019 | T-12 | 85.1% | 1,081,497 | 310,777 | 770,721 | 12,701 | 0 | 758,019 | ||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | 677,919 | 12/31/2019 | T-12 | 84.7% | 768,308 | 145,775 | 622,533 | 3,538 | 0 | 618,996 | ||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | 591,197 | 12/31/2019 | T-12 | 91.5% | 851,560 | 204,489 | 647,071 | 5,957 | 0 | 641,115 | ||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | 480,697 | 12/31/2019 | T-12 | 85.9% | 731,483 | 216,652 | 514,831 | 3,461 | 0 | 511,370 | ||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | 633,743 | 12/31/2019 | T-12 | 79.1% | 772,220 | 268,773 | 503,447 | 9,743 | 0 | 493,704 | ||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | 432,631 | 12/31/2019 | T-12 | 82.1% | 660,312 | 205,436 | 454,876 | 8,220 | 0 | 446,656 | ||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | 462,091 | 12/31/2019 | T-12 | 82.7% | 491,872 | 158,774 | 333,098 | 4,683 | 0 | 328,415 | ||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | 249,173 | 12/31/2019 | T-12 | 71.2% | 480,526 | 220,618 | 259,907 | 7,521 | 0 | 252,386 | ||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | 236,977 | 12/31/2019 | T-12 | 86.6% | 358,791 | 150,618 | 208,173 | 3,470 | 0 | 204,702 | ||||
6 | Loan | 1 | 2600 Redondo | 2,759,629 | 12/31/2018 | T-12 | 95.0% | 4,815,586 | 1,314,054 | 3,501,533 | 30,163 | 150,814 | 3,320,556 | 2.41 | 2.29 | 9.5% | |
7 | Loan | 1 | Granite Tower | 468,651 | 12/31/2019 | T-12 | 93.4% | 6,782,471 | 3,003,669 | 3,778,802 | 48,214 | 335,089 | 3,395,499 | 2.76 | 2.48 | 10.4% | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | NAP | NAP | NAP | 71.1% | 4,305,089 | 1,794,086 | 2,511,003 | 50,200 | 0 | 2,460,803 | 1.96 | 1.93 | 7.6% |
8.01 | Property | 1 | 261 Lenox Road | NAP | NAP | NAP | 70.7% | 2,097,188 | 837,637 | 1,259,551 | 24,200 | 0 | 1,235,351 | ||||
8.02 | Property | 1 | 141 Lenox Road | NAP | NAP | NAP | 70.9% | 1,145,703 | 502,957 | 642,746 | 13,400 | 0 | 629,346 | ||||
8.03 | Property | 1 | 250 Parkville Avenue | NAP | NAP | NAP | 72.2% | 1,062,198 | 453,491 | 608,706 | 12,600 | 0 | 596,106 | ||||
9 | Loan | 1 | Evanston Plaza | 1,719,299 | 12/31/2019 | T-12 | 95.0% | 4,544,415 | 1,771,896 | 2,772,518 | 42,552 | 159,569 | 2,570,397 | 1.86 | 1.72 | 10.6% | |
10 | Loan | 1 | 150 Thornhill | 2,255,575 | 12/31/2019 | T-12 | 96.0% | 3,454,173 | 925,679 | 2,528,494 | 52,825 | 149,944 | 2,325,725 | 1.75 | 1.61 | 9.7% | |
11 | Loan | 1 | Snohomish Station Shopping Center | 2,822,056 | 12/31/2019 | T-12 | 95.7% | 3,300,883 | 682,738 | 2,618,145 | 26,974 | 147,460 | 2,443,711 | 3.07 | 2.87 | 10.3% | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | NAP | NAP | NAP | 100.0% | 4,379,888 | 0 | 4,379,888 | 0 | 0 | 4,379,888 | 2.00 | 2.00 | 8.8% |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 1,967,737 | 12/31/2019 | T-12 | 90.2% | 3,336,406 | 1,243,722 | 2,092,684 | 31,545 | 61,591 | 1,999,548 | 1.72 | 1.65 | 11.5% |
14 | Loan | 1 | 6304 Spine Road | 1,452,084 | 12/31/2018 | T-12 | 96.8% | 3,814,099 | 1,541,697 | 2,272,402 | 17,100 | 160,738 | 2,094,564 | 2.27 | 2.09 | 12.0% | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 2,424,206 | 12/31/2019 | T-12 | 92.3% | 3,672,373 | 1,299,661 | 2,372,712 | 32,441 | 162,207 | 2,178,063 | 2.37 | 2.17 | 12.8% | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | 2,224,367 | 12/31/2019 | T-12 | 83.3% | 3,998,689 | 1,702,592 | 2,296,097 | 97,426 | 185,037 | 2,013,633 | 2.70 | 2.37 | 13.9% |
16.01 | Property | 1 | Winchester Office Building | 1,126,298 | 12/31/2019 | T-12 | 91.5% | 2,084,198 | 791,148 | 1,293,050 | 52,402 | 98,993 | 1,141,655 | ||||
16.02 | Property | 1 | Moorefield Office Park | 1,098,069 | 12/31/2019 | T-12 | 76.0% | 1,914,492 | 911,444 | 1,003,047 | 45,024 | 86,045 | 871,978 | ||||
17 | Loan | 1 | High Meadow Apartments | 1,086,885 | 12/31/2019 | T-12 | 91.3% | 2,172,966 | 914,492 | 1,258,474 | 62,400 | 0 | 1,196,074 | 2.12 | 2.02 | 8.3% | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | 1,775,902 | 12/31/2019 | T-12 | 88.4% | 2,319,041 | 717,223 | 1,601,818 | 27,281 | 94,188 | 1,480,349 | 1.76 | 1.63 | 10.9% |
18.01 | Property | 1 | Martin Downs | 1,022,661 | 12/31/2019 | T-12 | 88.5% | 1,234,126 | 397,645 | 836,481 | 12,702 | 31,306 | 792,472 | ||||
18.02 | Property | 1 | Metro Gateway | 753,241 | 12/31/2019 | T-12 | 88.3% | 1,084,915 | 319,578 | 765,337 | 14,579 | 62,882 | 687,877 | ||||
19 | Loan | 1 | Casa Grande Flexible Apartments | 1,817,478 | 12/31/2019 | T-12 | 84.5% | 4,514,700 | 2,336,787 | 2,177,913 | 111,600 | 0 | 2,066,313 | 2.77 | 2.62 | 15.6% | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 961,929 | 12/31/2019 | T-12 | 91.2% | 2,519,368 | 1,092,706 | 1,426,663 | 76,746 | 0 | 1,349,917 | 1.96 | 1.86 | 11.9% |
21 | Loan | 7 | 1 | Summerhill Marketplace | 1,235,334 | 12/31/2019 | T-12 | 92.9% | 1,934,785 | 687,934 | 1,246,851 | 17,736 | 44,340 | 1,184,776 | 1.74 | 1.65 | 10.0% |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | NAP | NAP | NAP | 94.6% | 938,041 | 124,837 | 813,204 | 3,250 | 0 | 809,954 | 1.74 | 1.73 | 7.1% |
22.01 | Property | 1 | 74 1st Place | NAP | NAP | NAP | 95.0% | 281,436 | 33,157 | 248,280 | 1,000 | 0 | 247,280 | ||||
22.02 | Property | 1 | 228 Livingston Street | NAP | NAP | NAP | 95.0% | 254,409 | 44,987 | 209,422 | 500 | 0 | 208,922 | ||||
22.03 | Property | 1 | 710 Degraw Street | NAP | NAP | NAP | 95.0% | 219,996 | 26,155 | 193,841 | 1,000 | 0 | 192,841 | ||||
22.04 | Property | 1 | 302 5th Street | NAP | NAP | NAP | 95.0% | 182,200 | 20,538 | 161,662 | 750 | 0 | 160,912 | ||||
23 | Loan | 1 | Willow Lawn | 1,122,728 | 12/31/2019 | T-12 | 91.5% | 1,487,656 | 317,493 | 1,170,163 | 9,556 | 35,834 | 1,124,774 | 2.08 | 2.00 | 10.9% | |
24 | Loan | 1 | South York Plaza | 1,195,049 | 12/31/2019 | T-12 | 94.1% | 1,685,533 | 554,168 | 1,131,365 | 21,376 | 88,020 | 1,021,968 | 3.20 | 2.89 | 11.1% | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | NAP | NAP | NAP | 96.3% | 1,222,950 | 306,555 | 916,396 | 31,032 | 44,073 | 841,292 | 1.45 | 1.34 | 9.2% |
26 | Loan | 1 | 39 Suydam | 876,943 | 12/31/2019 | T-12 | 94.9% | 1,074,464 | 346,540 | 727,924 | 9,250 | 0 | 718,674 | 2.15 | 2.12 | 7.9% | |
27 | Loan | C | 1 | Guardian Storage Westminster | 710,306 | 12/31/2019 | T-12 | 67.5% | 1,294,272 | 599,818 | 694,454 | 8,562 | 0 | 685,892 | 2.42 | 2.39 | 8.6% |
28 | Loan | 1 | Porte De L’eau Plaza | 1,271,808 | 12/31/2019 | T-12 | 87.3% | 1,440,768 | 334,562 | 1,106,207 | 17,723 | 66,462 | 1,022,021 | 2.59 | 2.40 | 13.9% | |
29 | Loan | D | 1 | Guardian Storage Washington | 719,866 | 12/31/2019 | T-12 | 64.7% | 1,222,920 | 430,914 | 792,006 | 12,117 | 0 | 779,889 | 3.11 | 3.06 | 10.2% |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 866,420 | 12/31/2019 | T-12 | 90.8% | 1,062,512 | 237,899 | 824,613 | 9,879 | 25,431 | 789,302 | 2.07 | 1.98 | 11.0% |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | NAP | NAP | NAP | 94.7% | 14,129,613 | 7,024,560 | 7,105,053 | 30,405 | 65,377 | 7,009,271 | 39.35 | 38.82 | 109.3% |
32 | Loan | 1 | Captree Shopping Center | NAP | NAP | NAP | 96.2% | 3,114,014 | 1,307,405 | 1,806,609 | 28,575 | 141,953 | 1,636,080 | 9.69 | 8.77 | 30.1% | |
33 | Loan | 1 | El Dorado Apartments | 487,789 | 12/31/2019 | T-12 | 93.3% | 1,266,156 | 655,449 | 610,707 | 49,200 | 0 | 561,507 | 1.84 | 1.69 | 10.2% | |
34 | Loan | 1 | Arlingate Plaza | 661,862 | 12/31/2019 | T-12 | 86.8% | 1,143,147 | 364,619 | 778,529 | 23,128 | 19,383 | 736,018 | 3.67 | 3.47 | 13.0% | |
35 | Loan | 1 | Sportsmans Warehouse | NAP | NAP | NAP | 95.9% | 920,130 | 207,314 | 712,816 | 7,306 | 42,860 | 662,651 | 3.25 | 3.02 | 12.1% | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | 565,234 | 12/31/2019 | T-12 | 81.1% | 905,861 | 358,712 | 547,149 | 13,191 | 0 | 533,958 | 1.75 | 1.71 | 9.9% |
36.01 | Property | 1 | AA Self Storage | 323,650 | 12/31/2019 | T-12 | 74.6% | 567,794 | 252,508 | 315,286 | 8,506 | 0 | 306,780 | ||||
36.02 | Property | 1 | Tiger Self Storage | 241,584 | 12/31/2019 | T-12 | 95.0% | 338,067 | 106,205 | 231,862 | 4,685 | 0 | 227,178 | ||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | 404,497 | 12/31/2019 | T-12 | 86.1% | 953,048 | 229,410 | 723,638 | 13,826 | 31,413 | 678,399 | 2.29 | 2.14 | 16.3% |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | NAP | NAP | 94.0% | 531,674 | 131,465 | 400,209 | 9,000 | 0 | 391,209 | 1.34 | 1.31 | 8.1% | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | NAP | NAP | NAP | 95.8% | 548,618 | 97,906 | 450,712 | 2,401 | 0 | 448,311 | 2.77 | 2.75 | 10.0% |
39.01 | Property | 1 | 259 5th Avenue | NAP | NAP | NAP | 96.1% | 326,213 | 47,249 | 278,963 | 1,445 | 0 | 277,518 | ||||
39.02 | Property | 1 | 250 Dekalb Avenue | NAP | NAP | NAP | 95.5% | 222,405 | 50,656 | 171,749 | 956 | 0 | 170,793 | ||||
40 | Loan | 1 | 27th Street Workspaces | 281,067 | 12/31/2019 | T-12 | 94.5% | 601,003 | 167,043 | 433,961 | 9,300 | 9,300 | 415,362 | 2.65 | 2.54 | 9.6% | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | NAP | NAP | NAP | 95.0% | 465,253 | 100,429 | 364,824 | 1,493 | 7,463 | 355,868 | 1.29 | 1.26 | 8.6% |
42 | Loan | 20 | 1 | True Rudder | 230,489 | 12/31/2019 | T-12 | 92.1% | 671,116 | 207,473 | 463,643 | 7,204 | 0 | 456,440 | 2.84 | 2.80 | 11.6% |
43 | Loan | 21 | 1 | 2801 Finley Road | NAP | NAP | NAP | 92.5% | 483,745 | 154,241 | 329,504 | 5,859 | 29,531 | 294,114 | 1.57 | 1.41 | 10.0% |
A-1-5
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA |
1 | Loan | 1 | 300 East 34th Street | 11.5% | 231,000,000 | As Is | 3/23/2021 | 32.5% | 32.5% | 95.0% | 5/18/2021 | No | NAP | NAP | NAP | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 10.6% | 381,500,000 | As Is | 4/8/2021 | 41.9% | 41.9% | 73.2% | 4/1/2021 | No | UPMC | 1,078,110 | 46.1% |
3 | Loan | 5, 7, 9 | 1 | The Domain | 13.1% | 452,000,000 | As Is | 5/10/2021 | 46.5% | 46.5% | 93.1% | 6/3/2021 | No | Dick’s Clothing & Sporting Goods | 80,400 | 9.1% |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 10.0% | 79,400,000 | As Is | 3/9/2021 | 50.4% | 50.4% | 83.6% | 3/15/2021 | No | Ross Dress For Less | 49,187 | 20.1% |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 10.6% | 71,780,000 | As Is | Various | 55.7% | 38.0% | 94.1% | 6/8/2021 | ||||
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | 12,100,000 | As Is | 4/7/2021 | 88.5% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | 11,220,000 | As Is | 4/1/2021 | 99.7% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | 10,700,000 | As Is | 4/9/2021 | 95.7% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | 9,740,000 | As Is | 4/6/2021 | 96.3% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | 7,660,000 | As Is | 4/6/2021 | 95.1% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | 7,220,000 | As Is | 4/7/2021 | 94.7% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | 5,500,000 | As Is | 4/5/2021 | 90.4% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | 4,000,000 | As Is | 4/8/2021 | 95.9% | 6/8/2021 | No | NAP | NAP | NAP | ||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | 3,640,000 | As Is | 4/7/2021 | 99.5% | 6/8/2021 | No | NAP | NAP | NAP | ||||
6 | Loan | 1 | 2600 Redondo | 9.0% | 58,900,000 | As Is | 2/19/2021 | 62.8% | 62.8% | 97.9% | 6/1/2021 | No | LA County DMH | 50,814 | 33.7% | |
7 | Loan | 1 | Granite Tower | 9.4% | 54,300,000 | As Is | 4/13/2021 | 66.9% | 66.9% | 89.9% | 4/20/2021 | No | Signify Health, LLC | 151,650 | 62.9% | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | 7.5% | 51,000,000 | As Is | 3/2/2021 | 64.7% | 64.7% | 98.0% | 6/10/2021 | ||||
8.01 | Property | 1 | 261 Lenox Road | 25,800,000 | As Is | 3/2/2021 | 98.3% | 6/10/2021 | No | NAP | NAP | NAP | ||||
8.02 | Property | 1 | 141 Lenox Road | 12,900,000 | As Is | 3/2/2021 | 98.5% | 6/10/2021 | No | NAP | NAP | NAP | ||||
8.03 | Property | 1 | 250 Parkville Avenue | 12,300,000 | As Is | 3/2/2021 | 96.8% | 6/10/2021 | No | NAP | NAP | NAP | ||||
9 | Loan | 1 | Evanston Plaza | 9.8% | 37,100,000 | As Is | 4/5/2021 | 70.8% | 59.6% | 97.7% | 4/16/2021 | No | Valli Produce | 69,210 | 32.5% | |
10 | Loan | 1 | 150 Thornhill | 8.9% | 38,000,000 | As Is | 3/26/2021 | 68.8% | 62.2% | 100.0% | 4/1/2021 | No | Cinelease, Inc. | 263,512 | 63.3% | |
11 | Loan | 1 | Snohomish Station Shopping Center | 9.7% | 48,000,000 | As Is | 3/18/2021 | 52.7% | 52.7% | 99.3% | 4/6/2021 | No | Kohl’s | 90,000 | 50.0% | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 8.8% | 69,600,000 | As Is | 3/17/2021 | 71.8% | 70.4% | N/A | N/A | No | NAP | NAP | NAP |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 11.0% | 29,400,000 | As Is | 4/15/2021 | 62.1% | 55.1% | 90.4% | 5/1/2021 | No | Fundamental Administrative Services | 74,710 | 47.4% |
14 | Loan | 1 | 6304 Spine Road | 11.1% | 30,400,000 | As Is “Assuming Reserve Account is Withheld” | 2/16/2021 | 62.3% | 48.6% | 100.0% | 7/1/2021 | Yes | Lockheed Martin | 170,998 | 100.0% | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 11.8% | 34,500,000 | As Is | 5/21/2021 | 53.6% | 48.4% | 88.3% | 5/31/2021 | No | You Fit | 25,492 | 15.7% | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | 12.2% | 26,800,000 | As Is | 5/13/2021 | 61.6% | 57.9% | 83.4% | 6/9/2021 | ||||
16.01 | Property | 1 | Winchester Office Building | 13,600,000 | As Is | 5/13/2021 | 91.6% | 6/9/2021 | No | Dermatology Associates of VA | 17,499 | 13.7% | ||||
16.02 | Property | 1 | Moorefield Office Park | 13,200,000 | As Is | 5/13/2021 | 76.3% | 6/9/2021 | No | Shaw Systems Associates | 17,261 | 11.8% | ||||
17 | Loan | 1 | High Meadow Apartments | 7.9% | 21,400,000 | As Is | 4/28/2021 | 71.1% | 71.1% | 99.0% | 5/24/2021 | No | NAP | NAP | NAP | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | 10.0% | 22,500,000 | As Is | Various | 65.6% | 54.2% | 86.8% | Various | ||||
18.01 | Property | 1 | Martin Downs | 12,700,000 | As Is | 4/4/2021 | 88.2% | 4/19/2021 | No | Panera | 4,777 | 13.2% | ||||
18.02 | Property | 1 | Metro Gateway | 9,800,000 | As Is | 4/9/2021 | 86.1% | 4/1/2021 | No | Bull Shooters | 22,943 | 31.5% | ||||
19 | Loan | 1 | Casa Grande Flexible Apartments | 14.8% | 28,900,000 | As Is | 4/21/2021 | 48.4% | 43.9% | 88.2% | 6/1/2021 | No | NAP | NAP | NAP | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 11.2% | 20,900,000 | As Is | 3/23/2021 | 57.4% | 50.7% | 97.5% | 4/29/2021 | No | Capital Area MD & Dental | 8,019 | 37.1% |
21 | Loan | 7 | 1 | Summerhill Marketplace | 9.5% | 20,400,000 | As Is | 4/26/2021 | 61.3% | 53.1% | 94.4% | 5/18/2021 | No | Stop & Shop Supermarket | 52,230 | 58.9% |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | 7.0% | 17,800,000 | As Is | 3/30/2021 | 64.6% | 64.6% | 100.0% | 4/27/2021 | ||||
22.01 | Property | 1 | 74 1st Place | 5,250,000 | As Is | 3/30/2021 | 100.0% | 4/27/2021 | No | NAP | NAP | NAP | ||||
22.02 | Property | 1 | 228 Livingston Street | 4,500,000 | As Is | 3/30/2021 | 100.0% | 4/27/2021 | No | Nature Deli Corp | 1,268 | 50.0% | ||||
22.03 | Property | 1 | 710 Degraw Street | 4,400,000 | As Is | 3/30/2021 | 100.0% | 4/27/2021 | No | NAP | NAP | NAP | ||||
22.04 | Property | 1 | 302 5th Street | 3,650,000 | As Is | 3/30/2021 | 100.0% | 4/27/2021 | No | NAP | NAP | NAP | ||||
23 | Loan | 1 | Willow Lawn | 10.5% | 19,200,000 | As Is | 5/21/2021 | 56.0% | 50.3% | 90.9% | 5/31/2021 | No | Kimley Horn and Associates, Inc. | 14,316 | 30.0% | |
24 | Loan | 1 | South York Plaza | 10.0% | 16,000,000 | As Is | 5/17/2021 | 63.8% | 63.8% | 92.4% | 6/17/2021 | No | Giant Produce | 68,464 | 54.4% | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | 8.5% | 14,500,000 | As Is | 11/20/2020 | 68.5% | 56.3% | 100.0% | 7/1/2021 | Yes | The Home Depot | 310,316 | 100.0% |
26 | Loan | 1 | 39 Suydam | 7.8% | 15,650,000 | As Is | 5/1/2021 | 59.1% | 59.1% | 97.3% | 3/31/2021 | No | NAP | NAP | NAP | |
27 | Loan | C | 1 | Guardian Storage Westminster | 8.5% | 14,860,000 | As Is | 5/21/2021 | 54.5% | 54.5% | 98.3% | 6/7/2021 | No | NAP | NAP | NAP |
28 | Loan | 1 | Porte De L’eau Plaza | 12.8% | 12,800,000 | As Is | 5/17/2021 | 62.4% | 48.7% | 87.6% | 6/7/2021 | No | McColly Real Estate | 5,905 | 6.7% | |
29 | Loan | D | 1 | Guardian Storage Washington | 10.0% | 15,170,000 | As Is | 5/26/2021 | 51.4% | 51.4% | 98.5% | 6/7/2021 | No | NAP | NAP | NAP |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 10.5% | 11,650,000 | As Is | 4/16/2021 | 64.4% | 57.9% | 89.1% | 6/3/2021 | No | Giant Food Store | 49,777 | 75.6% |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 107.8% | 271,875,000 | Gross Sellout | 4/19/2021 | 2.4% | 2.4% | 100.0% | 5/4/2021 | No | Vivaldi Boutique | 5,000 | 34.6% |
32 | Loan | 1 | Captree Shopping Center | 27.3% | 27,800,000 | As Is | 3/12/2021 | 21.6% | 21.6% | 98.8% | 3/17/2021 | No | Good Samaritan Hospital | 34,340 | 31.0% | |
33 | Loan | 1 | El Dorado Apartments | 9.4% | 10,100,000 | As Is | 3/15/2021 | 59.4% | 46.8% | 96.3% | 6/15/2021 | No | NAP | NAP | NAP | |
34 | Loan | 1 | Arlingate Plaza | 12.3% | 10,100,000 | As Is | 5/12/2021 | 59.4% | 59.4% | 87.9% | 5/25/2021 | No | Intertek Testing Services | 43,796 | 37.9% | |
35 | Loan | 1 | Sportsmans Warehouse | 11.2% | 10,000,000 | As Is - TI in Escrow | 3/29/2021 | 59.0% | 59.0% | 100.0% | 7/5/2021 | Yes | Sportsman’s Warehouse | 48,704 | 100.0% | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | 9.7% | 8,890,000 | As Is | Various | 61.9% | 53.6% | 91.6% | Various | ||||
36.01 | Property | 1 | AA Self Storage | 5,500,000 | As Is | 5/3/2021 | 88.0% | 5/6/2021 | No | NAP | NAP | NAP | ||||
36.02 | Property | 1 | Tiger Self Storage | 3,390,000 | As Is | 5/7/2021 | 99.6% | 6/15/2021 | No | NAP | NAP | NAP | ||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | 15.2% | 9,500,000 | As Is | 1/26/2021 | 46.8% | 52.3% | 100.0% | 4/26/2021 | No | E-Plex GA, Inc | 31,568 | 45.7% |
38 | Loan | 1 | Atlantic Surf Apartments | 7.9% | 7,100,000 | As Is | 5/13/2021 | 70.0% | 64.1% | 94.4% | 6/7/2021 | No | NAP | NAP | NAP | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | 10.0% | 9,300,000 | As Is | 3/16/2021 | 48.4% | 48.4% | 100.0% | 4/18/2021 | ||||
39.01 | Property | 1 | 259 5th Avenue | 5,200,000 | As Is | 3/16/2021 | 100.0% | 4/18/2021 | No | Brooklyn Burgers & Beers | 1,300 | 100.0% | ||||
39.02 | Property | 1 | 250 Dekalb Avenue | 4,100,000 | As Is | 3/16/2021 | 100.0% | 4/18/2021 | No | Mekong BK | 1,375 | 100.0% | ||||
40 | Loan | 1 | 27th Street Workspaces | 9.2% | 6,950,000 | As Is | 5/4/2021 | 64.7% | 64.7% | 100.0% | 6/9/2021 | No | Lasota Corp. | 4,176 | 9.0% | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | 8.4% | 7,200,000 | As Is | 2/3/2021 | 59.0% | 49.1% | 100.0% | 7/6/2021 | Yes | Farmhouse Kitchen | 7,463 | 100.0% |
42 | Loan | 20 | 1 | True Rudder | 11.4% | 6,500,000 | As Is | 4/12/2021 | 61.5% | 64.6% | 94.1% | 4/6/2021 | No | NAP | NAP | NAP |
43 | Loan | 21 | 1 | 2801 Finley Road | 8.9% | 5,100,000 | As Is - Assuming Remaining Cost to Complete is Held in Reserve | 3/19/2021 | 64.6% | 53.1% | 95.8% | 3/18/2021 | No | P4 Security | 8,598 | 29.3% |
A-1-6
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant |
1 | Loan | 1 | 300 East 34th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 3/31/2030 | US Steel Corp | 232,479 | 10.0% | 1/31/2028 | Eckert Seamans | 108,261 | 4.6% | 12/31/2030 (104,890 SF); 9/30/2022 (3,371 SF) | US Bankruptcy Court |
3 | Loan | 5, 7, 9 | 1 | The Domain | 1/31/2025 | Neiman Marcus | 80,000 | 9.0% | 3/8/2027 | Hanger Orthopedic Group, Inc | 77,694 | 8.8% | 7/31/2023 | IPIC Theaters |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 1/31/2024 (30,187 SF); 1/31/2031 (19,000 SF) | Marshalls | 28,500 | 11.7% | 3/31/2023 | CVS | 17,000 | 7.0% | 4/30/2028 | Petco |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | ||||||||||
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6 | Loan | 1 | 2600 Redondo | 11/14/2026 | OptumCare Management LLC | 50,000 | 33.2% | 6/30/2025 | CNS Network | 41,022 | 27.2% | 9/30/2027 | Allergy, Asthma, Respiratory Care Medical Center | |
7 | Loan | 1 | Granite Tower | 11/30/2029 | One Network Enterprises, Inc. | 45,274 | 18.8% | 6/30/2027 | Zimperium | 12,939 | 5.4% | 12/31/2021 | Level 3 Communications Inc. | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | ||||||||||
8.01 | Property | 1 | 261 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.02 | Property | 1 | 141 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.03 | Property | 1 | 250 Parkville Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
9 | Loan | 1 | Evanston Plaza | 4/30/2031 | Goodwill | 18,440 | 8.7% | 11/24/2026 | Blink Fitness | 16,975 | 8.0% | 12/31/2029 | Dance Center Evanston | |
10 | Loan | 1 | 150 Thornhill | 1/31/2024 | Veritiv | 153,000 | 36.7% | 4/30/2027 | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 1 | Snohomish Station Shopping Center | 1/31/2029 | Bridges Pets, Gifts & Water Gardens | 20,000 | 11.1% | 11/30/2028 | Outback Steakhouse | 6,547 | 3.6% | 4/30/2026 | Anytime Fitness | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 12/31/2025 | Symphony Diagnostic Services (Mobilex) | 39,173 | 24.8% | 10/31/2025 | FILA USA | 23,356 | 14.8% | 7/31/2024 | Dental Technology Center Inc |
14 | Loan | 1 | 6304 Spine Road | 12/31/2026 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 3/31/2026 | Abby Health Foods, Inc | 11,080 | 6.8% | 11/30/2021 | Redline Athletics | 9,074 | 5.6% | 3/31/2026 | Total Renal Care Inc. | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | ||||||||||
16.01 | Property | 1 | Winchester Office Building | 4/30/2025 | Health Savings Administrators | 11,720 | 9.2% | 6/30/2023 | DSD Partners | 7,382 | 5.8% | 5/31/2024 | Richmond Capital Management | |
16.02 | Property | 1 | Moorefield Office Park | 7/31/2024 | Summit Media, LLC | 14,639 | 10.0% | 9/30/2027 | JS Technologies | 7,056 | 4.8% | 2/28/2022 | ARMS Software | |
17 | Loan | 1 | High Meadow Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | ||||||||||
18.01 | Property | 1 | Martin Downs | 10/31/2026 | BB&T Support Real Estate | 3,960 | 10.9% | 10/31/2026 | JAK Partnership | 2,776 | 7.6% | 3/31/2027 | Quest Diagnostics | |
18.02 | Property | 1 | Metro Gateway | 4/30/2024 | Planet Fitness | 21,000 | 28.8% | 3/31/2029 | National Vision (fka Eyeglass World) | 5,350 | 7.3% | 10/31/2023 | PAS Charter, Inc. (d/b/a Intelli-School) | |
19 | Loan | 1 | Casa Grande Flexible Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 6/12/2023 | Christian Rejoice Church (Active Minds) | 5,000 | 23.1% | 9/30/2025 | Deli (Omar Investments) | 4,504 | 20.8% | 9/30/2030 | KMJ Tax Service (Sean-Michael Crayton) |
21 | Loan | 7 | 1 | Summerhill Marketplace | 10/31/2031 | Children of America | 10,000 | 11.3% | 6/1/2029 | East Brunswick Imaging Center | 4,800 | 5.4% | 2/28/2022 | KO Fitness LLC |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | ||||||||||
22.01 | Property | 1 | 74 1st Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22.02 | Property | 1 | 228 Livingston Street | 12/31/2035 | Latifa’s Hair Salon | 1,268 | 50.0% | 12/31/2022 | NAP | NAP | NAP | NAP | NAP | |
22.03 | Property | 1 | 710 Degraw Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22.04 | Property | 1 | 302 5th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23 | Loan | 1 | Willow Lawn | 11/30/2022 | CVS | 13,013 | 27.2% | 1/31/2033 | Jason’s Deli | 5,000 | 10.5% | 11/30/2023 | Richmond PhysicaI Therapy | |
24 | Loan | 1 | South York Plaza | 8/31/2025 | LifePath Thrift Store | 10,914 | 8.7% | 10/31/2025 | Wood Fire Italian Grill | 4,020 | 3.2% | 9/30/2024 | Isaac’s | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | 10/31/2027 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 1 | 39 Suydam | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27 | Loan | C | 1 | Guardian Storage Westminster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 1 | Porte De L’eau Plaza | 9/30/2023 | Just a Dash Catering | 4,480 | 5.1% | 4/30/2022 | Chiro’s Family Restaurant | 3,700 | 4.2% | 7/31/2022 | Pediatric Dental Associates | |
29 | Loan | D | 1 | Guardian Storage Washington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 6/30/2031 | PA Liquor Control Board | 3,679 | 5.6% | 5/31/2026 | Careworks | 2,247 | 3.4% | 9/30/2023 | Holiday Hair Salon |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 7/31/2029 | Dr. Camilo T. UY | 2,000 | 13.8% | 12/31/2049 | Pazner & Kaplan | 1,750 | 12.1% | 12/31/2049 | Belleclaire Cleaners |
32 | Loan | 1 | Captree Shopping Center | 11/14/2023 (33,094 SF); 12/31/2023 (1,246 SF) | Wild by Nature | 22,365 | 20.2% | 1/31/2029 | Dollar Tree | 14,550 | 13.1% | 8/31/2024 | Rite-Aid | |
33 | Loan | 1 | El Dorado Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 1 | Arlingate Plaza | 6/13/2023 | Nugrowth Solutions, LLC | 22,802 | 19.7% | 4/14/2023 | Coram Alternate Site Services, Inc. | 13,389 | 11.6% | 6/30/2024 | Starry, Inc. | |
35 | Loan | 1 | Sportsmans Warehouse | 10/31/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | ||||||||||
36.01 | Property | 1 | AA Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36.02 | Property | 1 | Tiger Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | Loan | 18 | 1 | Abbotts Bridge Office | 4/30/2031 | US Default Group Inc | 12,233 | 17.7% | 10/31/2021 | Polyvision Corporation | 7,962 | 11.5% | 10/31/2021 | Primus Services, LLC/ Cybriant |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | ||||||||||
39.01 | Property | 1 | 259 5th Avenue | 2/28/2027 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
39.02 | Property | 1 | 250 Dekalb Avenue | 6/30/2034 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
40 | Loan | 1 | 27th Street Workspaces | 4/30/2024 | AA & R Auto Sales | 3,850 | 8.3% | 3/31/2024 | Genesis Automotive | 3,850 | 8.3% | 4/30/2026 | ABA Performance, Inc. | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | 2/19/2030 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 20 | 1 | True Rudder | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 21 | 1 | 2801 Finley Road | 7/31/2025 | Augustus Labs | 5,457 | 18.6% | 3/31/2028 | Rosen Medical | 5,376 | 18.4% | 12/6/2025 | Augustus Health |
A-1-7
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest |
1 | Loan | 1 | 300 East 34th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/29/2021 | NAP | 3/29/2021 | NAP | NAP | No | Fee | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 49,874 | 2.1% | 12/2/2027 | Merrill Lynch | 29,313 | 1.3% | 2/28/2025 | 4/15/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee |
3 | Loan | 5, 7, 9 | 1 | The Domain | 37,321 | 4.2% | 1/31/2031 | Forever 21 | 31,691 | 3.6% | 1/31/2023 | 5/21/2021 | NAP | 5/24/2021 | NAP | NAP | No | Fee |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 15,000 | 6.1% | 1/31/2024 | Chuck E. Cheese | 13,000 | 5.3% | 4/30/2023 | 4/2/2021 | NAP | 3/30/2021 | 3/30/2021 | 8% | No | Fee/Leasehold |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | ||||||||||||||
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/16/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/15/2021 | NAP | 4/14/2021 | 4/14/2021 | 28% | No | Fee | |
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/16/2021 | NAP | 4/14/2021 | 4/14/2021 | 19% | No | Fee | |
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/15/2021 | NAP | 4/14/2021 | 4/14/2021 | 19% | No | Fee | |
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/16/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
6 | Loan | 1 | 2600 Redondo | 5,033 | 3.3% | 4/9/2023 | NAP | NAP | NAP | NAP | 2/26/2021 | NAP | 2/26/2021 | 2/26/2021 | 13% | No | Fee | |
7 | Loan | 1 | Granite Tower | 2,583 | 1.1% | 9/30/2025 | Edward Jones | 1,226 | 0.5% | 10/31/2023 | 4/7/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | ||||||||||||||
8.01 | Property | 1 | 261 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/20/2021 | NAP | 4/20/2021 | NAP | NAP | No | Fee | |
8.02 | Property | 1 | 141 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/20/2021 | NAP | 4/20/2021 | NAP | NAP | No | Fee | |
8.03 | Property | 1 | 250 Parkville Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/20/2021 | NAP | 4/20/2021 | NAP | NAP | No | Fee | |
9 | Loan | 1 | Evanston Plaza | 13,391 | 6.3% | 8/31/2022 | Kids Empire | 12,030 | 5.7% | 11/30/2030 | 4/21/2021 | NAP | 4/20/2021 | NAP | NAP | No | Fee | |
10 | Loan | 1 | 150 Thornhill | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/5/2021 | NAP | 4/5/2021 | NAP | NAP | No | Fee | |
11 | Loan | 1 | Snohomish Station Shopping Center | 4,655 | 2.6% | 10/31/2028 | Hop Jack’s Restaurant | 4,620 | 2.6% | 1/31/2028 | 4/12/2021 | NAP | 4/12/2021 | 4/12/2021 | 7% | No | Fee | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2021 | NAP | 2/3/2021 | NAP | NAP | No | Fee |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 5,389 | 3.4% | 7/31/2026 | NAP | NAP | NAP | NAP | 4/20/2021 | NAP | 4/20/2021 | NAP | NAP | No | Fee |
14 | Loan | 1 | 6304 Spine Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/26/2021 | NAP | 2/26/2021 | NAP | NAP | No | Fee | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 6,488 | 4.0% | 4/10/2032 | 5.11 Tactical | 6,373 | 3.9% | 8/31/2022 | 6/1/2021 | NAP | 5/28/2021 | NAP | NAP | No | Fee | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | ||||||||||||||
16.01 | Property | 1 | Winchester Office Building | 6,873 | 5.4% | 8/31/2022 | Bankers Life & Casualty Co. | 6,490 | 5.1% | 5/31/2026 | 4/23/2021 | NAP | 5/19/2021 | NAP | NAP | No | Fee | |
16.02 | Property | 1 | Moorefield Office Park | 5,617 | 3.9% | 1/31/2023 | Accenture dba Callisto Integra | 5,017 | 3.4% | 9/30/2024 | 4/23/2021 | NAP | 5/19/2021 | NAP | NAP | No | Fee | |
17 | Loan | 1 | High Meadow Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/22/2021 | NAP | 4/27/2021 | NAP | NAP | No | Fee | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | ||||||||||||||
18.01 | Property | 1 | Martin Downs | 2,600 | 7.2% | 4/30/2026 | Leslie’s Poolmart | 2,600 | 7.2% | 12/31/2025 | 4/14/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
18.02 | Property | 1 | Metro Gateway | 4,000 | 5.5% | 7/31/2027 | Domino’s Pizza | 3,003 | 4.1% | 7/31/2023 | 4/14/2021 | NAP | 4/14/2021 | NAP | NAP | No | Fee | |
19 | Loan | 1 | Casa Grande Flexible Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/21/2021 | NAP | 5/24/2021 | NAP | NAP | No | Fee | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 1,132 | 5.2% | 11/30/2025 | Barbershop (Tonys) | 975 | 4.5% | 5/31/2027 | 3/26/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee |
21 | Loan | 7 | 1 | Summerhill Marketplace | 3,725 | 4.2% | 11/30/2024 | Huntington Learning Center | 2,744 | 3.1% | 8/31/2024 | 5/4/2021 | NAP | 5/4/2021 | NAP | NAP | No | Fee |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | ||||||||||||||
22.01 | Property | 1 | 74 1st Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | |
22.02 | Property | 1 | 228 Livingston Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | |
22.03 | Property | 1 | 710 Degraw Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | |
22.04 | Property | 1 | 302 5th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | |
23 | Loan | 1 | Willow Lawn | 3,517 | 7.4% | 7/31/2022 | Sticks Kabob | 2,573 | 5.4% | 8/31/2023 | 5/28/2021 | NAP | 5/28/2021 | NAP | NAP | No | Fee | |
24 | Loan | 1 | South York Plaza | 4,000 | 3.2% | 10/31/2026 | Imperial Gourmet | 3,450 | 2.7% | 10/31/2027 | 5/4/2021 | 5/4/2021 | 4/30/2021 | NAP | NAP | No | Fee | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/1/2020 | 2/5/2021 | 12/2/2020 | NAP | NAP | No | Fee |
26 | Loan | 1 | 39 Suydam | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/3/2021 | NAP | 3/2/2021 | NAP | NAP | No | Fee | |
27 | Loan | C | 1 | Guardian Storage Westminster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/4/2021 | NAP | 6/4/2021 | NAP | NAP | No | Fee |
28 | Loan | 1 | Porte De L’eau Plaza | 3,484 | 3.9% | 1/31/2025 | Priority Fitness | 3,240 | 3.7% | 5/31/2022 | 5/24/2021 | NAP | 5/24/2021 | NAP | NAP | No | Fee | |
29 | Loan | D | 1 | Guardian Storage Washington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/4/2021 | NAP | 6/4/2021 | NAP | NAP | No | Fee |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 1,500 | 2.3% | 6/30/2026 | Great Wall | 1,500 | 2.3% | 8/31/2026 | 4/5/2021 | NAP | 4/5/2021 | NAP | NAP | No | Fee |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 1,500 | 10.4% | 8/31/2028 | J. Jacobs & V. Diller | 1,500 | 10.4% | 12/31/2049 | 4/28/2021 | NAP | 4/28/2021 | NAP | NAP | No | Fee |
32 | Loan | 1 | Captree Shopping Center | 12,906 | 11.6% | 1/31/2025 | United States Postal Service | 7,998 | 7.2% | 5/31/2027 | 4/30/2021 | NAP | 3/19/2021 | NAP | NAP | No | Fee | |
33 | Loan | 1 | El Dorado Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/26/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee | |
34 | Loan | 1 | Arlingate Plaza | 11,984 | 10.4% | 12/31/2025 | All R Friends, LLC | 9,638 | 8.3% | 1/31/2022 | 5/19/2021 | NAP | 5/19/2021 | NAP | NAP | No | Fee | |
35 | Loan | 1 | Sportsmans Warehouse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/2/2021 | NAP | 4/2/2021 | 4/2/2021 | 7% | No | Fee | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | ||||||||||||||
36.01 | Property | 1 | AA Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/12/2021 | NAP | 5/12/2021 | NAP | NAP | No | Fee | |
36.02 | Property | 1 | Tiger Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/11/2021 | NAP | 5/12/2021 | NAP | NAP | No | Fee | |
37 | Loan | 18 | 1 | Abbotts Bridge Office | 5,704 | 8.3% | 1/31/2023 | A3 Communications, Inc. | 4,508 | 6.5% | 9/30/2024 | 1/29/2021 | NAP | 1/28/2021 | NAP | NAP | No | Fee |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/1/2021 | NAP | 6/1/2021 | NAP | NAP | No | Fee | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | ||||||||||||||
39.01 | Property | 1 | 259 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/25/2021 | NAP | 3/25/2021 | NAP | NAP | No | Fee | |
39.02 | Property | 1 | 250 Dekalb Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/25/2021 | NAP | 3/25/2021 | NAP | NAP | No | Fee | |
40 | Loan | 1 | 27th Street Workspaces | 3,600 | 7.7% | 8/30/2021 | Boom Rewards | 3,600 | 7.7% | 7/31/2021 | 5/17/2021 | NAP | 5/17/2021 | NAP | NAP | No | Fee | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 2/16/2021 | NAP | 2/16/2021 | 2/16/2021 | 9% | No | Fee |
42 | Loan | 20 | 1 | True Rudder | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/3/2021 | NAP | 5/4/2021 | NAP | NAP | No | Fee |
43 | Loan | 21 | 1 | 2801 Finley Road | 5,186 | 17.7% | 3/31/2028 | Cobalt | 3,452 | 11.8% | 6/30/2028 | 4/9/2021 | NAP | 4/9/2021 | NAP | NAP | No | Fee |
A-1-8
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) |
1 | Loan | 1 | 300 East 34th Street | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
2 | Loan | 5 | 1 | U.S. Steel Tower | NAP | NAP | NAP | NAP | 1,904,348 | 476,087 | 442,107 | 147,369 | 0 | 42,562 | 0 | 5,000,000 | Springing | 5,000,000 | 0 |
3 | Loan | 5, 7, 9 | 1 | The Domain | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 265,968 | 0 | Springing | 2,659,584 | 0 |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 2/28/2026 | Four, 5-year options | $199,905 | Yes | 337,184 | 84,296 | 0 | Springing | 0 | 3,057 | 0 | 350,000 | 45,856 | 1,100,534 | 0 |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 244,952 | Springing | 0 | Springing | 29,646 | Springing | 29,646 | 0 | 0 | 0 | 0 | ||||
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | NAP | NAP | NAP | NAP | ||||||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | NAP | NAP | NAP | NAP | ||||||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | NAP | NAP | NAP | NAP | ||||||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | NAP | NAP | NAP | NAP | ||||||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | NAP | NAP | NAP | NAP | ||||||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | NAP | NAP | NAP | NAP | ||||||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | NAP | NAP | NAP | NAP | ||||||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | NAP | NAP | NAP | NAP | ||||||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | NAP | NAP | NAP | NAP | ||||||||||||
6 | Loan | 1 | 2600 Redondo | NAP | NAP | NAP | NAP | 275,241 | 39,320 | 16,441 | 2,055 | 0 | 2,514 | 0 | 0 | 37,704 | 0 | 0 | |
7 | Loan | 1 | Granite Tower | NAP | NAP | NAP | NAP | 477,505 | 68,215 | 0 | Springing | 500,000 | 4,018 | 0 | 0 | 20,098 | 1,000,000 | 0 | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | 132,401 | 66,200 | 69,481 | 7,720 | 150,000 | 4,183 | 0 | 0 | 0 | 0 | 0 | ||||
8.01 | Property | 1 | 261 Lenox Road | NAP | NAP | NAP | NAP | ||||||||||||
8.02 | Property | 1 | 141 Lenox Road | NAP | NAP | NAP | NAP | ||||||||||||
8.03 | Property | 1 | 250 Parkville Avenue | NAP | NAP | NAP | NAP | ||||||||||||
9 | Loan | 1 | Evanston Plaza | NAP | NAP | NAP | NAP | 443,929 | 88,786 | 0 | Springing | 0 | 3,546 | 150,000 | 0 | 13,297 | 750,000 | 0 | |
10 | Loan | 1 | 150 Thornhill | NAP | NAP | NAP | NAP | 332,796 | 38,293 | 0 | Springing | 0 | 3,471 | 0 | 0 | 17,355 | 624,768 | 0 | |
11 | Loan | 1 | Snohomish Station Shopping Center | NAP | NAP | NAP | NAP | 80,211 | 26,737 | 0 | Springing | 0 | 2,248 | 53,949 | 24,000 | 11,989 | 287,726 | 0 | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | NAP | NAP | NAP | NAP | 634,595 | 211,532 | 53,234 | 8,872 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
13 | Loan | 13 | 1 | Tower Point at the Highlands | NAP | NAP | NAP | NAP | 325,016 | 25,001 | 6,569 | 2,190 | 0 | 2,629 | 0 | 0 | 19,716 | 0 | 0 |
14 | Loan | 1 | 6304 Spine Road | NAP | NAP | NAP | NAP | 77,833 | 38,916 | 0 | Springing | 0 | 1,425 | 0 | 427,495 | 0 | 0 | 0 | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | NAP | NAP | NAP | NAP | 287,922 | 31,991 | 0 | Springing | 0 | 2,703 | 0 | 200,000 | Springing | 200,000 | 0 | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | 32,320 | 16,160 | 11,934 | 3,978 | 345,000 | 8,231 | 0 | 525,000 | 9,453 | 0 | 0 | ||||
16.01 | Property | 1 | Winchester Office Building | NAP | NAP | NAP | NAP | ||||||||||||
16.02 | Property | 1 | Moorefield Office Park | NAP | NAP | NAP | NAP | ||||||||||||
17 | Loan | 1 | High Meadow Apartments | NAP | NAP | NAP | NAP | 110,013 | 15,716 | 0 | Springing | 0 | 5,200 | 0 | 0 | 0 | 0 | 0 | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | 98,472 | 19,694 | 50,204 | 7,172 | 0 | 2,273 | 0 | 150,000 | 9,099 | 550,000 | 0 | ||||
18.01 | Property | 1 | Martin Downs | NAP | NAP | NAP | NAP | ||||||||||||
18.02 | Property | 1 | Metro Gateway | NAP | NAP | NAP | NAP | ||||||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | NAP | NAP | NAP | NAP | 51,688 | 17,229 | 0 | Springing | 0 | 9,300 | 0 | 0 | 0 | 0 | 0 | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | NAP | NAP | NAP | NAP | 38,591 | 12,864 | 51,762 | 7,395 | 1,000,000 | 6,125 | 0 | 0 | 0 | 0 | 0 |
21 | Loan | 7 | 1 | Summerhill Marketplace | NAP | NAP | NAP | NAP | 137,017 | 34,254 | 36,988 | 3,363 | 0 | 1,478 | 0 | 0 | 3,695 | 0 | 265,000 |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | 20,317 | 4,063 | 12,938 | 1,294 | 0 | 292 | 0 | 0 | 0 | 0 | 0 | ||||
22.01 | Property | 1 | 74 1st Place | NAP | NAP | NAP | NAP | ||||||||||||
22.02 | Property | 1 | 228 Livingston Street | NAP | NAP | NAP | NAP | ||||||||||||
22.03 | Property | 1 | 710 Degraw Street | NAP | NAP | NAP | NAP | ||||||||||||
22.04 | Property | 1 | 302 5th Street | NAP | NAP | NAP | NAP | ||||||||||||
23 | Loan | 1 | Willow Lawn | NAP | NAP | NAP | NAP | 20,711 | 10,356 | 0 | Springing | 0 | 796 | 30,000 | 250,000 | Springing | 250,000 | 0 | |
24 | Loan | 1 | South York Plaza | NAP | NAP | NAP | NAP | 168,561 | 22,475 | 0 | Springing | 0 | 1,781 | 100,000 | 0 | 7,335 | 450,000 | 0 | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | NAP | NAP | NAP | NAP | 13,082 | 3,271 | 6,912 | 3,456 | 0 | 2,586 | 0 | 0 | 2,845 | 0 | 0 |
26 | Loan | 1 | 39 Suydam | NAP | NAP | NAP | NAP | 18,861 | 18,861 | 25,974 | 2,165 | 0 | 771 | 0 | 0 | 0 | 0 | 0 | |
27 | Loan | C | 1 | Guardian Storage Westminster | NAP | NAP | NAP | NAP | 40,911 | 20,455 | 0 | Springing | 0 | 713 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | 1 | Porte De L’eau Plaza | NAP | NAP | NAP | NAP | 0 | Springing | 8,293 | 3,317 | 0 | 1,476 | 0 | 0 | 5,537 | 0 | 0 | |
29 | Loan | D | 1 | Guardian Storage Washington | NAP | NAP | NAP | NAP | 36,647 | 4,168 | 0 | Springing | 0 | 1,010 | 0 | 0 | 0 | 0 | 0 |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 178,000 | 827 | 0 | 75,000 | Springing | 75,000 | 0 |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 1 | Captree Shopping Center | NAP | NAP | NAP | NAP | 126,516 | 63,258 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
33 | Loan | 1 | El Dorado Apartments | NAP | NAP | NAP | NAP | 0 | 4,075 | 25,397 | 8,466 | 0 | 4,100 | 0 | 0 | 0 | 0 | 0 | |
34 | Loan | 1 | Arlingate Plaza | NAP | NAP | NAP | NAP | 36,194 | 12,065 | 0 | Springing | 0 | 1,927 | 0 | 500,000 | 5,782 | 700,000 | 0 | |
35 | Loan | 1 | Sportsmans Warehouse | NAP | NAP | NAP | NAP | 12,252 | 6,126 | 0 | Springing | 0 | 609 | 0 | 0 | 4,059 | 97,408 | 0 | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | 30,017 | 8,603 | 18,481 | 3,577 | 0 | 1,099 | 0 | 0 | 0 | 0 | 0 | ||||
36.01 | Property | 1 | AA Self Storage | NAP | NAP | NAP | NAP | ||||||||||||
36.02 | Property | 1 | Tiger Self Storage | NAP | NAP | NAP | NAP | ||||||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | NAP | NAP | NAP | NAP | 52,699 | 4,791 | 5,178 | 863 | 217,835 | 1,152 | 41,478 | 550,000 | Springing | 250,000 | 0 |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | NAP | NAP | NAP | 34,427 | 3,443 | 19,642 | 2,806 | 0 | 750 | 0 | 0 | 0 | 0 | 0 | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | 8,786 | 4,393 | 10,369 | 1,154 | 0 | 200 | 0 | 0 | 0 | 0 | 0 | ||||
39.01 | Property | 1 | 259 5th Avenue | NAP | NAP | NAP | NAP | ||||||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | NAP | NAP | NAP | NAP | ||||||||||||
40 | Loan | 1 | 27th Street Workspaces | NAP | NAP | NAP | NAP | 26,853 | 5,371 | 8,790 | 2,197 | 0 | 775 | 0 | 75,000 | 0 | 0 | 0 | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | NAP | NAP | NAP | NAP | 20,470 | 4,094 | 5,619 | 624 | 0 | 124 | 0 | 0 | 622 | 0 | 0 |
42 | Loan | 20 | 1 | True Rudder | NAP | NAP | NAP | NAP | 56,320 | 6,258 | 8,523 | 2,841 | 0 | 600 | 0 | 0 | 0 | 0 | 0 |
43 | Loan | 21 | 1 | 2801 Finley Road | NAP | NAP | NAP | NAP | 10,521 | 2,630 | 3,813 | 424 | 0 | 366 | 0 | 100,000 | 3,052 | 0 | 0 |
A-1-9
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) |
1 | Loan | 1 | 300 East 34th Street | 0 | 0 | 0 | 581,816 | 0 | Outstanding TI Reserve | 0 | 0 | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 0 | 0 | 0 | 5,619,780 | 0 | Existing TI/LC Reserve ($5,346,747); Free Rent Reserve ($273,033) | 0 | 0 |
3 | Loan | 5, 7, 9 | 1 | The Domain | 0 | 0 | 0 | 6,912,288 | Springing | Outstanding TI/LC Reserve (Upfront: $6,565,265); Gap Rent Reserve (Upfront: $347,023); Major Tenant Reserve (Monthly: Springing) | Major Tenant Reserve ($4,020,000) | 0 |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 0 | 0 | 35,150 | 0 | 0 | NAP | 0 | 0 |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | |||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | |||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | |||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | |||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | |||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | |||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | |||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | |||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | |||||||||
6 | Loan | 1 | 2600 Redondo | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
7 | Loan | 1 | Granite Tower | 0 | 0 | 0 | 636,075 | 0 | Outstanding TI/LC Reserve ($600,655.38); Free Rent Reserve ($35,420) | 0 | 0 | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | 0 | 0 | 6,250 | 135,743 | 0 | Violations Removal Reserve | 0 | 0 |
8.01 | Property | 1 | 261 Lenox Road | |||||||||
8.02 | Property | 1 | 141 Lenox Road | |||||||||
8.03 | Property | 1 | 250 Parkville Avenue | |||||||||
9 | Loan | 1 | Evanston Plaza | 0 | 0 | 6,875 | 17,113 | 0 | Gap Rent Reserve | 0 | 0 | |
10 | Loan | 1 | 150 Thornhill | 0 | 0 | 8,469 | 1,914,924 | 41,667 | Landlord Work Reserve (Upfront: $414,924); Cinelease Reserve (Upfront: $1,500,000; Monthly: $41,667) | 0 | 0 | |
11 | Loan | 1 | Snohomish Station Shopping Center | 0 | 0 | 625 | 0 | 0 | NAP | 0 | 0 | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 1,750,000 |
14 | Loan | 1 | 6304 Spine Road | 0 | 0 | 1,295,875 | 633,308 | 0 | Outstanding Free Rent Reserve ($388,307.98); Incentive Management Fee ($245,000) | 0 | 0 | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | 0 | 0 | 0 | 359,562 | 0 | Outstanding TI/LC Reserve ($317,324); Free Rent Reserve ($42,238) | 0 | 0 |
16.01 | Property | 1 | Winchester Office Building | |||||||||
16.02 | Property | 1 | Moorefield Office Park | |||||||||
17 | Loan | 1 | High Meadow Apartments | 0 | 0 | 66,225 | 0 | 0 | NAP | 0 | 0 | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | 0 | 0 | 57,968 | 125,043 | 0 | Unfunded Obligations Reserve (Upfront: $110,810); Gap Rent Reserve (Upfront: $14,233.13) | 0 | 326,432 |
18.01 | Property | 1 | Martin Downs | |||||||||
18.02 | Property | 1 | Metro Gateway | |||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | 0 | 0 | 58,250 | 0 | 0 | NAP | 0 | 0 | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | 0 | 0 | 312,938 | 0 | 0 | NAP | 0 | 1,000,000 |
21 | Loan | 7 | 1 | Summerhill Marketplace | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | 0 | 0 | 25,031 | 0 | 0 | NAP | 0 | 150,000 |
22.01 | Property | 1 | 74 1st Place | |||||||||
22.02 | Property | 1 | 228 Livingston Street | |||||||||
22.03 | Property | 1 | 710 Degraw Street | |||||||||
22.04 | Property | 1 | 302 5th Street | |||||||||
23 | Loan | 1 | Willow Lawn | 0 | 0 | 0 | 0 | Springing | NAP | 750,000 | 0 | |
24 | Loan | 1 | South York Plaza | 0 | 0 | 0 | 452,940 | 0 | Environmental Remediation Reserve ($350,000); Rent Reserve ($102,940.29) | 0 | 0 | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | 0 | 0 | 106,375 | 0 | 0 | NAP | 0 | 0 |
26 | Loan | 1 | 39 Suydam | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
27 | Loan | C | 1 | Guardian Storage Westminster | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
28 | Loan | 1 | Porte De L’eau Plaza | 0 | 0 | 2,063 | 9,958 | 0 | Free Rent Reserve | 0 | 0 | |
29 | Loan | D | 1 | Guardian Storage Washington | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | 0 | 0 | 60,000 | 300,000 | 0 | Roof Repair Reserve | 0 | 0 |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
32 | Loan | 1 | Captree Shopping Center | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
33 | Loan | 1 | El Dorado Apartments | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
34 | Loan | 1 | Arlingate Plaza | 0 | 0 | 285,983 | 0 | 0 | NAP | 0 | 0 | |
35 | Loan | 1 | Sportsmans Warehouse | 0 | 0 | 0 | 400,000 | 0 | Outstanding Tenant Improvements and Leasing Commissions Reserve | 0 | 0 | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
36.01 | Property | 1 | AA Self Storage | |||||||||
36.02 | Property | 1 | Tiger Self Storage | |||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | 0 | 0 | 0 | 39,427 | 0 | Gap Rent Reserve | 0 | 1,000,000 |
38 | Loan | 1 | Atlantic Surf Apartments | 0 | 0 | 4,119 | 0 | 0 | NAP | 0 | 0 | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
39.01 | Property | 1 | 259 5th Avenue | |||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | |||||||||
40 | Loan | 1 | 27th Street Workspaces | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
42 | Loan | 20 | 1 | True Rudder | 0 | 0 | 27,188 | 0 | 0 | NAP | 0 | 200,000 |
43 | Loan | 21 | 1 | 2801 Finley Road | 0 | 0 | 0 | 12,500 | 0 | Rent Concession Reserve | 0 | 0 |
A-1-10
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Description | Lockbox Type | Cash Management |
1 | Loan | 1 | 300 East 34th Street | NAP | None | None | |
2 | Loan | 5 | 1 | U.S. Steel Tower | NAP | Hard | In-Place |
3 | Loan | 5, 7, 9 | 1 | The Domain | NAP | Hard | Springing |
4 | Loan | 11 | 1 | La Alameda Shopping Center | NAP | Hard | Springing |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | NAP | Soft | Springing |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | ||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | ||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | ||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | ||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | ||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | ||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | ||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | ||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | ||||
6 | Loan | 1 | 2600 Redondo | NAP | Hard | Springing | |
7 | Loan | 1 | Granite Tower | NAP | Hard | Springing | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | NAP | Springing | Springing |
8.01 | Property | 1 | 261 Lenox Road | ||||
8.02 | Property | 1 | 141 Lenox Road | ||||
8.03 | Property | 1 | 250 Parkville Avenue | ||||
9 | Loan | 1 | Evanston Plaza | NAP | Hard | Springing | |
10 | Loan | 1 | 150 Thornhill | NAP | Hard | Springing | |
11 | Loan | 1 | Snohomish Station Shopping Center | NAP | Springing | Springing | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | NAP | Hard | In-Place |
13 | Loan | 13 | 1 | Tower Point at the Highlands | Lender shall disburse $1,250,000 to Borrower if the Fundamental Administration Termination Option is not exercised or apply the funds reserved in accordance with the stipulations in the loan agreement | Hard | Springing |
14 | Loan | 1 | 6304 Spine Road | NAP | Hard | Springing | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | NAP | Springing | Springing | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | NAP | Springing | Springing |
16.01 | Property | 1 | Winchester Office Building | ||||
16.02 | Property | 1 | Moorefield Office Park | ||||
17 | Loan | 1 | High Meadow Apartments | NAP | Soft | Springing | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | Provided that no Default or Event of Default then exists, Lender shall disburse to Borrower the SunTrust Earnout Reserve Funds to pay Approved Leasing Expenses incurred in the leasing of the entire SunTrust Space, pursuant to a Lease entered into in accordance with the terms and provisions of this Agreement (provided, however, that any such Lease shall provide for minimum base rent of at least $30.00 per rentable square foot of space), subject to Borrower’s delivery to Lender of written request for disbursement and all other deliverables set forth in such Section), as if the SunTrust Earnout Reserve Funds were Rollover Reserve Subaccount funds. In the event that the SunTrust Space has not been re-leased, or all approved leasing expenses incurred in connection therewith have not been paid in full, in either case as of the SunTrust Earnout Reserve Expiration Date, Lender shall apply any SunTrust Earnout Reserve Funds then on deposit in the SunTrust Earnout Reserve Account to prepay or defease a portion of the Debt in an amount equal to the balance of such SunTrust Earnout Reserve Funds as of such date, in which event, Borrower shall be required to pay (i) all costs incurred by Lender in connection therewith which are required to be borne by Borrower under such Section (including, without limitation, payment of the Yield Maintenance Premium, if applicable) and (ii) if any such prepayment or defeasance is not made on a Payment Date, Borrower shall also pay interest that would have accrued on such prepaid Principal to, but not including, the next Payment Date. | Hard | Springing |
18.01 | Property | 1 | Martin Downs | ||||
18.02 | Property | 1 | Metro Gateway | ||||
19 | Loan | 1 | Casa Grande Flexible Apartments | NAP | Springing | Springing | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | Upon the written request of Borrower received by notice to Lender no earlier than January 6, 2022, provided no Event of Default or Cash Management Period is continuing, the remaining Rent Collection Funds shall be released to Borrower upon Borrower’s satisfaction of the following conditions on or before July 6, 2024 (the “Rent Collection Fund Termination Date”): (1) Lender has determined that the Property has achieved a full rent collection rate of greater than ninety percent (90%) for two (2) consecutive Calculation Dates (exclusive of government assistance via the CARES ACT and/or any other government subsidies) and (2) all applicable Lease eviction moratoriums have been removed. | Soft | Springing |
21 | Loan | 7 | 1 | Summerhill Marketplace | NAP | Soft | Springing |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | The hold back will be released when the retail tenant known as Nature Deli Corporation at the property is in occupancy of its premises and paying full rent to borrower under its lease | Soft | Springing |
22.01 | Property | 1 | 74 1st Place | ||||
22.02 | Property | 1 | 228 Livingston Street | ||||
22.03 | Property | 1 | 710 Degraw Street | ||||
22.04 | Property | 1 | 302 5th Street | ||||
23 | Loan | 1 | Willow Lawn | NAP | Springing | Springing | |
24 | Loan | 1 | South York Plaza | NAP | Hard | Springing | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | NAP | Hard | Springing |
26 | Loan | 1 | 39 Suydam | NAP | Springing | Springing | |
27 | Loan | C | 1 | Guardian Storage Westminster | NAP | Springing | Springing |
28 | Loan | 1 | Porte De L’eau Plaza | NAP | Springing | Springing | |
29 | Loan | D | 1 | Guardian Storage Washington | NAP | Springing | Springing |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | NAP | Soft | Springing |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | NAP | None | None |
32 | Loan | 1 | Captree Shopping Center | NAP | Springing | Springing | |
33 | Loan | 1 | El Dorado Apartments | NAP | Springing | Springing | |
34 | Loan | 1 | Arlingate Plaza | NAP | Springing | Springing | |
35 | Loan | 1 | Sportsmans Warehouse | NAP | Springing | Springing | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | NAP | Springing | Springing |
36.01 | Property | 1 | AA Self Storage | ||||
36.02 | Property | 1 | Tiger Self Storage | ||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | Provided no event of default has occurred or is continuing, funds shall be disbursed to Borrowers upon achieving a Debt Yield of at least 10.85% prior to December 31,2023 after which the lender can, at its sole discretion, apply the amounts on deposit to a prepayment of the loan on the next payment date or maintain the remaining balance in the reserve account | Springing | Springing |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | Soft | Springing | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | NAP | Springing | Springing |
39.01 | Property | 1 | 259 5th Avenue | ||||
39.02 | Property | 1 | 250 Dekalb Avenue | ||||
40 | Loan | 1 | 27th Street Workspaces | NAP | Springing | Springing | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | NAP | Hard | Springing |
42 | Loan | 20 | 1 | True Rudder | Debt Yield Holdback to be released upon (i) the 13th payment date has occurred, (ii) the property has achieved an Earnout Debt Yield of at least 10.5% and (iii) the property is at least 90% occupied. | Springing | Springing |
43 | Loan | 21 | 1 | 2801 Finley Road | NAP | Springing | Springing |
A-1-11
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) |
1 | Loan | 1 | 300 East 34th Street | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 5 | 1 | U.S. Steel Tower | Yes | Yes | Yes | No | 60,000,000 | 100,000,000 | 311,176.78 | 497,882.85 | 40,000,000 | 6.50000% | 200,000,000 |
3 | Loan | 5, 7, 9 | 1 | The Domain | Yes | No | Yes | No | 50,000,000 | 160,000,000 | 418,262.98 | 548,970.14 | NAP | NAP | 210,000,000 |
4 | Loan | 11 | 1 | La Alameda Shopping Center | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | ||||||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | ||||||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | ||||||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | ||||||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | ||||||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | ||||||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | ||||||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | ||||||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | ||||||||||||
6 | Loan | 1 | 2600 Redondo | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1 | Granite Tower | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8.01 | Property | 1 | 261 Lenox Road | ||||||||||||
8.02 | Property | 1 | 141 Lenox Road | ||||||||||||
8.03 | Property | 1 | 250 Parkville Avenue | ||||||||||||
9 | Loan | 1 | Evanston Plaza | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 1 | 150 Thornhill | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 1 | Snohomish Station Shopping Center | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | Yes | Yes | Yes | No | 22,492,500 | 27,490,833 | 100,468.38 | 182,669.78 | NAP | NAP | 49,983,333 |
13 | Loan | 13 | 1 | Tower Point at the Highlands | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 1 | 6304 Spine Road | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16.01 | Property | 1 | Winchester Office Building | ||||||||||||
16.02 | Property | 1 | Moorefield Office Park | ||||||||||||
17 | Loan | 1 | High Meadow Apartments | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18.01 | Property | 1 | Martin Downs | ||||||||||||
18.02 | Property | 1 | Metro Gateway | ||||||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 7 | 1 | Summerhill Marketplace | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22.01 | Property | 1 | 74 1st Place | ||||||||||||
22.02 | Property | 1 | 228 Livingston Street | ||||||||||||
22.03 | Property | 1 | 710 Degraw Street | ||||||||||||
22.04 | Property | 1 | 302 5th Street | ||||||||||||
23 | Loan | 1 | Willow Lawn | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24 | Loan | 1 | South York Plaza | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26 | Loan | 1 | 39 Suydam | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
27 | Loan | C | 1 | Guardian Storage Westminster | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 1 | Porte De L’eau Plaza | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29 | Loan | D | 1 | Guardian Storage Washington | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 1 | Captree Shopping Center | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33 | Loan | 1 | El Dorado Apartments | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34 | Loan | 1 | Arlingate Plaza | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
35 | Loan | 1 | Sportsmans Warehouse | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36.01 | Property | 1 | AA Self Storage | ||||||||||||
36.02 | Property | 1 | Tiger Self Storage | ||||||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 1 | Atlantic Surf Apartments | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39.01 | Property | 1 | 259 5th Avenue | ||||||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | ||||||||||||
40 | Loan | 1 | 27th Street Workspaces | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 20 | 1 | True Rudder | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 21 | 1 | 2801 Finley Road | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-12
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
1 | Loan | 1 | 300 East 34th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 717,558.78 | 52.4% | 1.98 | 9.2% | 45,000,000 | 10.50000% | 245,000,000 | 1,116,777.53 | 64.2% | 1.27 | 7.5% | No | NAP |
3 | Loan | 5, 7, 9 | 1 | The Domain | 548,970.14 | 46.5% | 4.17 | 13.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
4 | Loan | 11 | 1 | La Alameda Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | ||||||||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | ||||||||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | ||||||||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | ||||||||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | ||||||||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | ||||||||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | ||||||||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | ||||||||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | ||||||||||||||
6 | Loan | 1 | 2600 Redondo | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
7 | Loan | 1 | Granite Tower | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
8.01 | Property | 1 | 261 Lenox Road | ||||||||||||||
8.02 | Property | 1 | 141 Lenox Road | ||||||||||||||
8.03 | Property | 1 | 250 Parkville Avenue | ||||||||||||||
9 | Loan | 1 | Evanston Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
10 | Loan | 1 | 150 Thornhill | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
11 | Loan | 1 | Snohomish Station Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 182,669.78 | 71.8% | 2.00 | 8.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
13 | Loan | 13 | 1 | Tower Point at the Highlands | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
14 | Loan | 1 | 6304 Spine Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
16.01 | Property | 1 | Winchester Office Building | ||||||||||||||
16.02 | Property | 1 | Moorefield Office Park | ||||||||||||||
17 | Loan | 1 | High Meadow Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
18.01 | Property | 1 | Martin Downs | ||||||||||||||
18.02 | Property | 1 | Metro Gateway | ||||||||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
21 | Loan | 7 | 1 | Summerhill Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
22.01 | Property | 1 | 74 1st Place | ||||||||||||||
22.02 | Property | 1 | 228 Livingston Street | ||||||||||||||
22.03 | Property | 1 | 710 Degraw Street | ||||||||||||||
22.04 | Property | 1 | 302 5th Street | ||||||||||||||
23 | Loan | 1 | Willow Lawn | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
24 | Loan | 1 | South York Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
26 | Loan | 1 | 39 Suydam | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
27 | Loan | C | 1 | Guardian Storage Westminster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28 | Loan | 1 | Porte De L’eau Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
29 | Loan | D | 1 | Guardian Storage Washington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Subordinate Secured; Unsecured |
32 | Loan | 1 | Captree Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
33 | Loan | 1 | El Dorado Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
34 | Loan | 1 | Arlingate Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
35 | Loan | 1 | Sportsmans Warehouse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
36.01 | Property | 1 | AA Self Storage | ||||||||||||||
36.02 | Property | 1 | Tiger Self Storage | ||||||||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
39.01 | Property | 1 | 259 5th Avenue | ||||||||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | ||||||||||||||
40 | Loan | 1 | 27th Street Workspaces | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
42 | Loan | 20 | 1 | True Rudder | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
43 | Loan | 21 | 1 | 2801 Finley Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
A-1-13
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor | Non-Recourse Carveout Guarantor | Delaware
Statutory Trust (Y/N) |
Tenants-in-common
(Y/N) |
1 | Loan | 1 | 300 East 34th Street | Charles Kibel and Adam Kibel | Charles Kibel and Adam Kibel | No | No | |
2 | Loan | 5 | 1 | U.S. Steel Tower | The 601W Companies | Michael Silberberg | No | No |
3 | Loan | 5, 7, 9 | 1 | The Domain | Simon Property Group, L.P. | Simon Property Group, L.P. | No | No |
4 | Loan | 11 | 1 | La Alameda Shopping Center | Lard Investments, LLC and Primestor Development | Arturo Sneider, John Selby, Leandro Tyberg, Juan Tyberg, Juan Tyberg and Rosa Tyberg as trustees of the Unitas Trust, Richard Flores, Larry Flores and David Flores | No | No |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | Blackwater Investments, Inc. | Blackwater Investments, Inc. | No | No |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | |||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | |||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | |||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | |||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | |||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | |||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | |||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | |||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | |||||
6 | Loan | 1 | 2600 Redondo | David Y. Lee | David Y. Lee | No | No | |
7 | Loan | 1 | Granite Tower | Larson Capital Management, LLC | Paul D. Larson | No | Yes | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | Moshe Greenzweig, Aaron Jungreis and Eliezer Gottlieb | Moshe Greenzweig, Aaron Jungreis and Eliezer Gottlieb | No | No |
8.01 | Property | 1 | 261 Lenox Road | |||||
8.02 | Property | 1 | 141 Lenox Road | |||||
8.03 | Property | 1 | 250 Parkville Avenue | |||||
9 | Loan | 1 | Evanston Plaza | Bon Investments USA LLC | Bon Investments USA LLC | No | No | |
10 | Loan | 1 | 150 Thornhill | McKnight Realty Partners | Charles S. Perlow and William C. Rudolph | No | No | |
11 | Loan | 1 | Snohomish Station Shopping Center | Steve Malsam and James L. Evans | Steve Malsam and James L. Evans | No | No | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | Yoel Kiss | Yoel Kiss | No | No |
13 | Loan | 13 | 1 | Tower Point at the Highlands | Yaakov Prager | Yaakov Prager | No | No |
14 | Loan | 1 | 6304 Spine Road | Hamad Alhomaizi | Hamad Alhomaizi | No | No | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | Laurans A. Mendelson | Laurans A. Mendelson | No | No | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | Daniel Stuzin | Daniel Stuzin | No | No |
16.01 | Property | 1 | Winchester Office Building | |||||
16.02 | Property | 1 | Moorefield Office Park | |||||
17 | Loan | 1 | High Meadow Apartments | Arizona Lipnob Estates, LLC | Arizona Lipnob Estates, LLC | No | No | |
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | Realia Properties, INC., Jean-Dean Cohen and Stephane Amine | Realia Properties, INC., Jean-Dean Cohen and Stephane Amine | No | No |
18.01 | Property | 1 | Martin Downs | |||||
18.02 | Property | 1 | Metro Gateway | |||||
19 | Loan | 1 | Casa Grande Flexible Apartments | Stephen G. Siegel | Stephen G. Siegel | No | No | |
20 | Loan | 15, 16 | 1 | Glenwood Farms | Aron Puretz | Aron Puretz | No | No |
21 | Loan | 7 | 1 | Summerhill Marketplace | Harvey Schultz | Harvey Schultz | No | No |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | Abe Cohen | Abe Cohen | No | Yes |
22.01 | Property | 1 | 74 1st Place | |||||
22.02 | Property | 1 | 228 Livingston Street | |||||
22.03 | Property | 1 | 710 Degraw Street | |||||
22.04 | Property | 1 | 302 5th Street | |||||
23 | Loan | 1 | Willow Lawn | Robert W. Hargett | Robert W. Hargett | No | No | |
24 | Loan | 1 | South York Plaza | Sassan J. Emral Shaool; Adam C. Emral Shaool | Sassan J. Emral Shaool; Adam C. Emral Shaool | No | No | |
25 | Loan | B, 7 | 1 | Home Depot Warehouse | Ilan Goldstein | Ilan Goldstein | No | No |
26 | Loan | 1 | 39 Suydam | Shapour Sohayegh, Frank Tehrani and Payam P. Moradof | Shapour Sohayegh, Frank Tehrani and Payam P. Moradof | No | No | |
27 | Loan | C | 1 | Guardian Storage Westminster | Steven H. Cohen | Steven H. Cohen | No | No |
28 | Loan | 1 | Porte De L’eau Plaza | Ardena Holdings Inc., Nivea Development Florida 3, Inc. and Pavona Cape Fear LLC | Ardena Holdings Inc., Nivea Development Florida 3, Inc. and Pavona Cape Fear LLC | No | No | |
29 | Loan | D | 1 | Guardian Storage Washington | Steven H. Cohen | Steven H. Cohen | No | No |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | Leo S. Ullman and Robert F. Whalen, Jr. | Leo S. Ullman and Robert F. Whalen, Jr. | No | No |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | Third Colony Corp. | NAP | No | No |
32 | Loan | 1 | Captree Shopping Center | Jerry S. Williams and Stephen M. Brown | Jerry S. Williams and Stephen M. Brown | No | No | |
33 | Loan | 1 | El Dorado Apartments | Marco Seidman | Marco Seidman | No | No | |
34 | Loan | 1 | Arlingate Plaza | Francis Greenburger | Francis Greenburger | No | No | |
35 | Loan | 1 | Sportsmans Warehouse | Francis Greenburger | Francis Greenburger | No | No | |
36 | Loan | 6 | 2 | Tiger and AA Self Storage | Adam J. Ellsworth | Adam J. Ellsworth | No | No |
36.01 | Property | 1 | AA Self Storage | |||||
36.02 | Property | 1 | Tiger Self Storage | |||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | Sebastian Barbagallo | Sebastian Barbagallo | No | No |
38 | Loan | 1 | Atlantic Surf Apartments | Joseph B. Edelkopf and Steven Mayer | Joseph B. Edelkopf and Steven Mayer | No | No | |
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | James Bui | James Bui | No | No |
39.01 | Property | 1 | 259 5th Avenue | |||||
39.02 | Property | 1 | 250 Dekalb Avenue | |||||
40 | Loan | 1 | 27th Street Workspaces | Jeffrey Pechter | Jeffrey Pechter | No | No | |
41 | Loan | F | 1 | 1165-1195 Merrill Street | Christopher Kelly | Christopher Kelly | No | No |
42 | Loan | 20 | 1 | True Rudder | Jeffrey Pechter | Jeffrey Pechter | No | No |
43 | Loan | 21 | 1 | 2801 Finley Road | Andrew B. Ho | Andrew B. Ho | No | No |
A-1-14
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) |
1 | Loan | 1 | 300 East 34th Street | Refinance | 75,000,000 | 0 | 0 | 0 | 75,000,000 | 52,701,890 | 0 | 1,406,931 | 581,816 | 20,309,362 | 0 | ||
2 | Loan | 5 | 1 | U.S. Steel Tower | Refinance | 200,000,000 | 18,082,906 | 45,000,000 | 0 | 263,082,906 | 173,687,525 | 0 | 4,146,677 | 12,966,235 | 72,282,468 | 0 | |
3 | Loan | 5, 7, 9 | 1 | The Domain | Refinance | 210,000,000 | 0 | 0 | 0 | 210,000,000 | 175,106,561 | 0 | 1,070,388 | 0 | 33,823,051 | 0 | |
4 | Loan | 11 | 1 | La Alameda Shopping Center | Refinance | 40,000,000 | 0 | 0 | 0 | 40,000,000 | 38,250,207 | 0 | 602,089 | 687,184 | 460,520 | 0 | |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | Refinance | 40,000,000 | 0 | 0 | 0 | 40,000,000 | 20,734,700 | 0 | 741,767 | 309,748 | 18,213,785 | 0 | |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | ||||||||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | ||||||||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | ||||||||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | ||||||||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | ||||||||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | ||||||||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | ||||||||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | ||||||||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | ||||||||||||||
6 | Loan | 1 | 2600 Redondo | Refinance | 37,000,000 | 0 | 0 | 0 | 37,000,000 | 25,897,651 | 0 | 346,010 | 291,682 | 10,464,658 | 0 | ||
7 | Loan | 1 | Granite Tower | Acquisition | 36,300,000 | 20,804,769 | 0 | 0 | 57,104,769 | 0 | 54,300,000 | 1,191,189 | 1,613,580 | 0 | 0 | ||
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | Refinance | 33,000,000 | 0 | 0 | 0 | 33,000,000 | 23,903,078 | 0 | 1,252,338 | 493,874 | 7,350,711 | 0 | |
8.01 | Property | 1 | 261 Lenox Road | ||||||||||||||
8.02 | Property | 1 | 141 Lenox Road | ||||||||||||||
8.03 | Property | 1 | 250 Parkville Avenue | ||||||||||||||
9 | Loan | 1 | Evanston Plaza | Acquisition | 26,250,000 | 10,709,389 | 0 | 0 | 36,959,389 | 0 | 36,180,000 | 311,472 | 467,917 | 0 | 0 | ||
10 | Loan | 1 | 150 Thornhill | Refinance | 26,200,000 | 0 | 0 | 0 | 26,200,000 | 13,591,263 | 0 | 540,237 | 2,256,189 | 9,812,311 | 0 | ||
11 | Loan | 1 | Snohomish Station Shopping Center | Refinance | 25,300,000 | 0 | 0 | 0 | 25,300,000 | 24,817,304 | 0 | 237,621 | 104,836 | 140,239 | 0 | ||
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | Acquisition | 50,000,000 | 17,384,105 | 0 | 0 | 67,384,105 | 0 | 64,500,000 | 2,196,277 | 687,829 | 0 | 0 | |
13 | Loan | 13 | 1 | Tower Point at the Highlands | Acquisition | 20,000,000 | 12,444,504 | 0 | 0 | 32,444,504 | 0 | 29,250,000 | 1,112,919 | 2,081,585 | 0 | 0 | |
14 | Loan | 1 | 6304 Spine Road | Refinance | 19,000,000 | 0 | 0 | 0 | 19,000,000 | 11,264,730 | 0 | 597,407 | 2,434,511 | 4,703,352 | 0 | ||
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | Refinance | 18,500,000 | 0 | 0 | 0 | 18,500,000 | 17,466,289 | 0 | 306,129 | 487,922 | 239,660 | 0 | ||
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | Acquisition | ||||||||||||
16.01 | Property | 1 | Winchester Office Building | ||||||||||||||
16.02 | Property | 1 | Moorefield Office Park | ||||||||||||||
17 | Loan | 1 | High Meadow Apartments | Acquisition | |||||||||||||
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | Refinance | ||||||||||||
18.01 | Property | 1 | Martin Downs | ||||||||||||||
18.02 | Property | 1 | Metro Gateway | ||||||||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | Refinance | |||||||||||||
20 | Loan | 15, 16 | 1 | Glenwood Farms | Refinance | ||||||||||||
21 | Loan | 7 | 1 | Summerhill Marketplace | Refinance | ||||||||||||
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | Refinance | ||||||||||||
22.01 | Property | 1 | 74 1st Place | ||||||||||||||
22.02 | Property | 1 | 228 Livingston Street | ||||||||||||||
22.03 | Property | 1 | 710 Degraw Street | ||||||||||||||
22.04 | Property | 1 | 302 5th Street | ||||||||||||||
23 | Loan | 1 | Willow Lawn | Refinance | |||||||||||||
24 | Loan | 1 | South York Plaza | Acquisition | |||||||||||||
25 | Loan | B, 7 | 1 | Home Depot Warehouse | Acquisition | ||||||||||||
26 | Loan | 1 | 39 Suydam | Refinance | |||||||||||||
27 | Loan | C | 1 | Guardian Storage Westminster | Refinance | ||||||||||||
28 | Loan | 1 | Porte De L’eau Plaza | Acquisition | |||||||||||||
29 | Loan | D | 1 | Guardian Storage Washington | Refinance | ||||||||||||
30 | Loan | E, 7 | 1 | Briar Creek Plaza | Acquisition | ||||||||||||
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | Refinance | ||||||||||||
32 | Loan | 1 | Captree Shopping Center | Refinance | |||||||||||||
33 | Loan | 1 | El Dorado Apartments | Refinance | |||||||||||||
34 | Loan | 1 | Arlingate Plaza | Refinance | |||||||||||||
35 | Loan | 1 | Sportsmans Warehouse | Acquisition | |||||||||||||
36 | Loan | 6 | 2 | Tiger and AA Self Storage | Acquisition | ||||||||||||
36.01 | Property | 1 | AA Self Storage | ||||||||||||||
36.02 | Property | 1 | Tiger Self Storage | ||||||||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | Refinance | ||||||||||||
38 | Loan | 1 | Atlantic Surf Apartments | Refinance | |||||||||||||
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | Refinance | ||||||||||||
39.01 | Property | 1 | 259 5th Avenue | ||||||||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | ||||||||||||||
40 | Loan | 1 | 27th Street Workspaces | Refinance | |||||||||||||
41 | Loan | F | 1 | 1165-1195 Merrill Street | Refinance | ||||||||||||
42 | Loan | 20 | 1 | True Rudder | Refinance | ||||||||||||
43 | Loan | 21 | 1 | 2801 Finley Road | Acquisition |
A-1-15
MSC
2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property
Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
1 | Loan | 1 | 300 East 34th Street | 75,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
2 | Loan | 5 | 1 | U.S. Steel Tower | 263,082,906 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 5, 7, 9 | 1 | The Domain | 210,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 11 | 1 | La Alameda Shopping Center | 40,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | 40,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
6 | Loan | 1 | 2600 Redondo | 37,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7 | Loan | 1 | Granite Tower | 57,104,769 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | 33,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8.01 | Property | 1 | 261 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
8.02 | Property | 1 | 141 Lenox Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
8.03 | Property | 1 | 250 Parkville Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
9 | Loan | 1 | Evanston Plaza | 36,959,389 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
10 | Loan | 1 | 150 Thornhill | 26,200,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11 | Loan | 1 | Snohomish Station Shopping Center | 25,300,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | 67,384,105 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | 13 | 1 | Tower Point at the Highlands | 32,444,504 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | 1 | 6304 Spine Road | 19,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | 18,500,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16.01 | Property | 1 | Winchester Office Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
16.02 | Property | 1 | Moorefield Office Park | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
17 | Loan | 1 | High Meadow Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
18.01 | Property | 1 | Martin Downs | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
18.02 | Property | 1 | Metro Gateway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
19 | Loan | 1 | Casa Grande Flexible Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20 | Loan | 15, 16 | 1 | Glenwood Farms | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21 | Loan | 7 | 1 | Summerhill Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22.01 | Property | 1 | 74 1st Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
22.02 | Property | 1 | 228 Livingston Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
22.03 | Property | 1 | 710 Degraw Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
22.04 | Property | 1 | 302 5th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
23 | Loan | 1 | Willow Lawn | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
24 | Loan | 1 | South York Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
25 | Loan | B, 7 | 1 | Home Depot Warehouse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
26 | Loan | 1 | 39 Suydam | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
27 | Loan | C | 1 | Guardian Storage Westminster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28 | Loan | 1 | Porte De L’eau Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
29 | Loan | D | 1 | Guardian Storage Washington | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
30 | Loan | E, 7 | 1 | Briar Creek Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32 | Loan | 1 | Captree Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
33 | Loan | 1 | El Dorado Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
34 | Loan | 1 | Arlingate Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
35 | Loan | 1 | Sportsmans Warehouse | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
36 | Loan | 6 | 2 | Tiger and AA Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
36.01 | Property | 1 | AA Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
36.02 | Property | 1 | Tiger Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
37 | Loan | 18 | 1 | Abbotts Bridge Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
38 | Loan | 1 | Atlantic Surf Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
39.01 | Property | 1 | 259 5th Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
39.02 | Property | 1 | 250 Dekalb Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
40 | Loan | 1 | 27th Street Workspaces | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
41 | Loan | F | 1 | 1165-1195 Merrill Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
42 | Loan | 20 | 1 | True Rudder | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43 | Loan | 21 | 1 | 2801 Finley Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-16
MSC 2021-L6
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Property Flag |
Footnotes (for Loan and Property Information) | # of Properties | Property Name | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/Investor Carry |
1 | Loan | 1 | 300 East 34th Street | |||||||||
2 | Loan | 5 | 1 | U.S. Steel Tower | ||||||||
3 | Loan | 5, 7, 9 | 1 | The Domain | ||||||||
4 | Loan | 11 | 1 | La Alameda Shopping Center | ||||||||
5 | Loan | 6, 7 ,10 | 9 | U-Haul SAC Portfolio 21 | ||||||||
5.01 | Property | 1 | U-Haul Moving & Storage Of Inkster | |||||||||
5.02 | Property | 1 | U-Haul Moving & Storage Of Downtown | |||||||||
5.03 | Property | 1 | U-Haul Moving & Storage Of Thornton | |||||||||
5.04 | Property | 1 | U-Haul Moving & Storage Of Belmont | |||||||||
5.05 | Property | 1 | U-Haul Moving & Storage At Northwest Highway | |||||||||
5.06 | Property | 1 | U-Haul Moving & Storage Of Dayton | |||||||||
5.07 | Property | 1 | U-Haul Moving & Storage Of Hendersonville | |||||||||
5.08 | Property | 1 | U-Haul Moving & Storage At Austin Highway | |||||||||
5.09 | Property | 1 | U-Haul Moving & Storage At 51st & Glendale | |||||||||
6 | Loan | 1 | 2600 Redondo | |||||||||
7 | Loan | 1 | Granite Tower | |||||||||
8 | Loan | 6, 7 | 3 | Lenox & Parkville Multifamily Portfolio | ||||||||
8.01 | Property | 1 | 261 Lenox Road | |||||||||
8.02 | Property | 1 | 141 Lenox Road | |||||||||
8.03 | Property | 1 | 250 Parkville Avenue | |||||||||
9 | Loan | 1 | Evanston Plaza | |||||||||
10 | Loan | 1 | 150 Thornhill | |||||||||
11 | Loan | 1 | Snohomish Station Shopping Center | |||||||||
12 | Loan | 5, 12 | 1 | Woodbridge Corporate Plaza Leased Fee | ||||||||
13 | Loan | 13 | 1 | Tower Point at the Highlands | ||||||||
14 | Loan | 1 | 6304 Spine Road | |||||||||
15 | Loan | 1 | Shoppes of Carrollwood & Colonial Square | |||||||||
16 | Loan | A, 6, 7 | 2 | Moorefield & Winchester Office Portfolio | ||||||||
16.01 | Property | 1 | Winchester Office Building | |||||||||
16.02 | Property | 1 | Moorefield Office Park | |||||||||
17 | Loan | 1 | High Meadow Apartments | |||||||||
18 | Loan | 6, 14 | 2 | Martin Downs & Metro Gateway | ||||||||
18.01 | Property | 1 | Martin Downs | |||||||||
18.02 | Property | 1 | Metro Gateway | |||||||||
19 | Loan | 1 | Casa Grande Flexible Apartments | |||||||||
20 | Loan | 15, 16 | 1 | Glenwood Farms | ||||||||
21 | Loan | 7 | 1 | Summerhill Marketplace | ||||||||
22 | Loan | 6, 15 | 4 | Brooklyn Conway Multifamily Portfolio | ||||||||
22.01 | Property | 1 | 74 1st Place | |||||||||
22.02 | Property | 1 | 228 Livingston Street | |||||||||
22.03 | Property | 1 | 710 Degraw Street | |||||||||
22.04 | Property | 1 | 302 5th Street | |||||||||
23 | Loan | 1 | Willow Lawn | |||||||||
24 | Loan | 1 | South York Plaza | |||||||||
25 | Loan | B, 7 | 1 | Home Depot Warehouse | ||||||||
26 | Loan | 1 | 39 Suydam | |||||||||
27 | Loan | C | 1 | Guardian Storage Westminster | ||||||||
28 | Loan | 1 | Porte De L'eau Plaza | |||||||||
29 | Loan | D | 1 | Guardian Storage Washington | ||||||||
30 | Loan | E, 7 | 1 | Briar Creek Plaza | ||||||||
31 | Loan | 8, 15, 17 | 1 | 180 East 79th Street | ||||||||
32 | Loan | 1 | Captree Shopping Center | |||||||||
33 | Loan | 1 | El Dorado Apartments | |||||||||
34 | Loan | 1 | Arlingate Plaza | |||||||||
35 | Loan | 1 | Sportsmans Warehouse | |||||||||
36 | Loan | 6 | 2 | Tiger and AA Self Storage | ||||||||
36.01 | Property | 1 | AA Self Storage | |||||||||
36.02 | Property | 1 | Tiger Self Storage | |||||||||
37 | Loan | 18 | 1 | Abbotts Bridge Office | ||||||||
38 | Loan | 1 | Atlantic Surf Apartments | |||||||||
39 | Loan | 6, 15, 19 | 2 | Dekalb and 5th Avenue Portfolio | ||||||||
39.01 | Property | 1 | 259 5th Avenue | |||||||||
39.02 | Property | 1 | 250 Dekalb Avenue | |||||||||
40 | Loan | 1 | 27th Street Workspaces | |||||||||
41 | Loan | F | 1 | 1165-1195 Merrill Street | ||||||||
42 | Loan | 20 | 1 | True Rudder | ||||||||
43 | Loan | 21 | 1 | 2801 Finley Road |
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MSC 2021-L6 | |
Footnotes to Annex A-1 | |
(1) | MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; AREF—Argentic Real Estate Finance LLC; SMC—Starwood Mortgage Capital LLC; BANA—Bank of America, 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 prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties that 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 and tenants that occupy 50% or more of the net rentable area at their respective mortgaged properties. |
(5) | With respect to Mortgage Loan No. 2, U.S. Steel Tower, Mortgage Loan No. 3, The Domain and Mortgage Loan No. 12, Woodbridge Corporate Plaza Leased Fee, each such Mortgage Loan is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Loan Per Unit ($) 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 Non-Serviced Pari Passu-A/B Whole Loans” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this prospectus. |
(6) | With respect to Mortgage Loan No. 5, U-Haul SAC Portfolio 21, Mortgage Loan No. 8, Lenox & Parkville Multifamily Portfolio, Mortgage Loan No. 16, Moorefield & Winchester Office Portfolio, Mortgage Loan No. 18, Martin Downs & Metro Gateway, Mortgage Loan No. 22, Brooklyn Conway Multifamily Portfolio, Mortgage Loan No. 36, Tiger and AA Self Storage and Mortgage Loan No. 39, Dekalb and 5th Avenue Portfolio, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Loan Per Unit ($) 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. 3, The Domain, Mortgage Loan No. 5, U-Haul SAC Portfolio 21, Mortgage Loan No. 8, Lenox & Parkville Multifamily Portfolio, Mortgage Loan No. 16, Moorefield & Winchester Office Portfolio, Mortgage Loan No. 21, Summerhill Marketplace, Mortgage Loan No. 25, Home Depot Warehouse and Mortgage Loan No. 30, Briar Creek Plaza 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, partial prepayment or partial assumption of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases, Substitutions and Additions” in this prospectus. |
(8) | With respect to Mortgage Loan No. 31, 180 East 79th Street, the related mortgage loan documents permit future subordinate secured or unsecured 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” and “—Additional Indebtedness—Other Secured Indebtedness” in this prospectus. |
(9) | With respect to Mortgage Loan No. 3, The Domain, the borrower has provided guaranties in lieu of making cash deposits for the Outstanding TI/LC and Gap Rent Reserves. The borrower is also entitled to provide guaranties in lieu of any springing monthly deposits into all other reserves under such Mortgage Loan. |
(10) | With respect to Mortgage Loan No. 5, U-Haul SAC Portfolio 21, the Mortgage Loan is structured with an Anticipated Repayment Date (“ARD”) and will be interest-only prior to the ARD. After the ARD, the following structure will apply: (i) the Mortgage Loan will accrue interest at a per annum rate (the “Adjusted Rate”) equal to 3.0000% plus the greater of (a) the initial interest rate of 2.5649% (the “Initial Term Interest Rate”) and (b) the 10-year swap yield as of the ARD plus 0.9500%; provided that in no event may the Adjusted Rate exceed the Initial Term Interest Rate plus 5.0000%. In addition, from and after the ARD, (i) the U-Haul SAC Portfolio 21 Mortgage Loan constant monthly payment of $180,756.88 is required to be |
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applied first to interest at the Initial Term Interest Rate and then to principal, and (ii) all excess cash flow from the Mortgaged Properties is required to be applied to pay interest accrued at the Initial Term Interest Rate (to the extent not previously paid), then to reduce the principal balance of the Mortgage Loan until the entire outstanding principal balance of the Mortgage Loan is paid in full, and then to pay Excess Interest (as defined below). Interest accrued on the Mortgage Loan at the excess of the Adjusted Rate over the Initial Term Interest Rate and not paid pursuant to the preceding sentence will be added to the outstanding principal balance of the Mortgage Loan and accrue interest at the Adjusted Rate to the extent permitted by law (such accrued interest and interest thereon, the “Excess Interest”). | |
(11) | With respect to Mortgage Loan No. 4, La Alameda Shopping Center, the Mortgaged Property was developed as a public/private type partnership and is subject to a Development Agreement (the “Development Agreement”) between the borrower and Los Angeles County Development Authority, previously known as the Community Development Commission of the County of Los Angeles (the “LACDA”). The La Alameda Shopping Center Property also secures certain obligations of the borrower under the Development Agreement pursuant to a deed of trust made by the borrower in favor of the LACDA (the “LACDA DOT”). The obligations of the borrower secured by the LACDA DOT are to pay (i) any shortfall between (x) amounts due under an $8.25 million original principal balance loan made by the United States Department of Housing and Urban Development to the LACDA (the “HUD Loan”) and (y) the sources of funds available to the LACDA to pay such amounts and (ii) certain profit participation payments due to the LACDA under the Development Agreement (collectively, the “LACDA Required Payments”). Pursuant to a subordination and intercreditor agreement among the borrower, the lender and the LACDA (the “LACDA ICA”), the LACDA DOT is subordinated to the Mortgage Loan in terms of lien priority; however, the borrower’s rights to receive the LACDA Required Payments are not subordinate to the La Alameda Shopping Center Mortgage Loan and the LACDA ICA does not have a standstill provision. The HUD Loan had a $2.356 million balance as of April 26, 2021, and is required to be paid in full by August 1, 2025. The current interest rate for the HUD Loan is 7.8% and will increase to 8.0% over the term. Including the HUD Loan, the aggregate loan-to-value ratio would be 53.3%, the aggregate Underwritten NCF DSCR would be 2.65x and the aggregate Underwritten NCF Debt Yield would be 9.5%. |
(12) | With respect to Mortgage Loan No. 12, Woodbridge Corporate Plaza Leased Fee, such Mortgage Loan is subject to a planned amortization schedule. On each payment date commencing in July 2021 and continuing until (and including) the payment date in June 2026, the borrower is required to pay to the lender an amount equal to $16,666.67, which will be applied toward the reduction of the outstanding principal balance of the Woodbridge Corporate Plaza Leased Fee Whole Loan (See “Annex A-4” in the prospectus). |
(13) | With respect to Mortgage Loan No. 13, Tower Point at The Highlands, the Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%), and Cut-off Date LTV Ratio (%) are calculated net of a $1,750,000 termination rollover reserve. Provided no event of default and the Fundamental Administration tenant does not exercise its termination option on or prior to December 31, 2022 and the Fundamental Administration tenant continues to occupy, operate, and and pay full rent for their space, in accordance with the conditions in the Tower Point at The Highlands Mortgage Loan documents, the lender will disburse $1,250,000 of the termination rollover reserve to the borrower. The remaining $500,000 will continue to be held in the termination rollover reserve account and will be disbursed in connection with approved leasing expenses for the Fundamental Administration tenant space upon the expiration of the Fundamental Administration lease in December 2025. In the event the Fundamental Administration tenant exercises its termination option, the termination rollover reserve upfront deposit of $1,750,000 will be held in the termination rollover reserve subaccount and disbursed solely with respect to approved leasing expenses in connection with re-tenanting the Fundamental Administration tenant’s space. Assuming the gross Tower Point at The Highlands Mortgage Loan Cut-off Date Balance ($) of $20,000,000, Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 68.0%, 10.5% and 10.0%, respectively. |
(14) | With respect to Mortgage Loan No. 18, Martin Downs & Metro Gateway, the Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Cut-off Date LTV Ratio (%) are calculated net of a $326,431.83 earnout reserve (the “SunTrust Earnout Reserve”). Provided that no event of default then exists, the lender is required to disburse to the borrower the SunTrust Earnout Reserve funds to pay approved leasing expenses incurred in the leasing of the entire SunTrust space. In the event that the SunTrust space has not been re-leased, or all approved leasing expenses incurred in connection therewith have not been paid in full, in either case as of June 6, 2024, the lender is required to apply any SunTrust Earnout Reserve funds then on deposit to prepay or defease a portion of the Martin Downs & Metro Gateway Mortgage Loan in an amount equal to the balance of such SunTrust Earnout Reserve funds as of such date, in which event, the borrower is required to pay (i) all costs incurred by the lender in connection therewith which are required to be borne by the borrower and (ii) if any such prepayment or defeasance is not made on a monthly payment date, the borrower is required to also pay interest that would have accrued on such prepaid principal to, but not including, the next payment date. Assuming the gross Martin Downs & Metro Gateway Mortgage Loan Cut-off Date Balance ($) of $15,078,825, Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 67.0%, 10.6% and 9.8%, respectively. As of June 6, 2024, the lender will apply any SunTrust Earnout Reserve funds to prepay or defease a portion of the Mortgage Loan balance subject to the borrower being required to pay (i) all costs incurred by the lender in connection therewith which are required to be borne by the borrower (including, without limitation, payment of the yield maintenance premium, if applicable) and (ii) if any such prepayment or defeasance is not made on a payment date, the borrower will be required to also pay interest that would have accrued on such prepaid principal to, but not including, the next payment date. |
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(15) | With respect to Mortgage Loan No. 20, Glenwood Farms, Mortgage Loan No. 22, Brooklyn Conway Multifamily Portfolio - 228 Livingston Street, Mortgage Loan No. 31, 180 East 79th Street and Mortgage Loan No. 39, Dekalb and 5th Avenue Portfolio, the % of NRA of each Tenant listed on this Annex A-1 is the percentage of retail space, rather than the percentage of the entire space. |
(16) | With respect to Mortgage Loan No. 20, Glenwood Farms, the Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Cut-off Date LTV Ratio (%) are calculated net of a $1,000,000 rent collection holdback. No earlier than January 6, 2022, provided no event of default or cash management period is continuing, the remaining rent collection holdback is required to be released to the borrower upon the borrower’s satisfaction of the following conditions on or before July 6, 2024: (1) the lender has determined that the Mortgaged Property has achieved a full rent collection rate of greater than 90% for two consecutive calculation dates (exclusive of government assistance via the CARES Act and/or any other government subsidies) and (2) all applicable lease eviction moratoriums have been removed. Assuming the gross Glenwood Farms Mortgage Loan Cut-off Date Balance ($) of $13,000,000, Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 62.2%, 11.0% and 10.4%, respectively. Any prepayment of the Mortgage Loan will be subject to the yield maintenance premium, and the borrower will be required to pay to the lender the applicable yield maintenance premium and all costs incurred by the lender with respect to the prepayment, within ten business days after notice to the borrower of such prepayment. |
(17) | With respect to Mortgage Loan No. 31, 180 East 79th Street, the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the 180 East 79th Street Mortgage Loan, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the column labeled Non-Recourse Carveout Guarantor in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the 180 East 79th Street Mortgage Loan and is, instead, reflected as not applicable (N/A). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the Mortgaged Property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI ($), 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 180 East 79th Street 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. |
(18) | With respect to Mortgage Loan No. 37, Abbotts Bridge Office, the Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Cut-off Date LTV Ratio (%) are calculated net of a $1,000,000 earnout reserve. Provided no event of default has occurred or is continuing, funds will be disbursed to the borrowers upon achieving a Debt Yield of at least 10.85% prior to December 31, 2023 after which the lender can, at its sole discretion, apply the amounts on deposit to a prepayment of the loan on the next payment date or maintain the remaining balance in the reserve account. Assuming the gross Abbotts Bridge Office Mortgage Loan Cut-off Date Balance ($) of $5,450,000, Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 57.4%, 13.3% and 12.4%, respectively. Any prepayment of the Mortgage Loan pursuant to this earnout reserve will be subject to the yield maintenance premium, and the borrower will be required pay to the lender the applicable yield maintenance premium and all costs incurred by the lender with respect to the prepayment, within ten (10) business days after notice to the borrower of such prepayment. |
(19) | With respect to Mortgage Loan No. 39, DeKalb and 5th Avenue Portfolio, the largest tenant at the 250 Dekalb Avenue Mortgaged Property is an affiliate of the borrower. |
(20) | With respect to Mortgage Loan No. 42, True Rudder, the Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Cut-off Date LTV Ratio (%) are calculated net of a $200,000 debt yield holdback. Provided no event of default has occurred and is continuing, funds will be disbursed to the borrowers upon (i) the 13th payment date has occurred, (ii) the Mortgaged Property has achieved an earnout debt yield (calculated as provided in the loan documents) of at least 10.5% and (iii) the Mortgaged Property is at least 90% occupied. Assuming the gross True Rudder Mortgage Loan Cut-off Date Balance ($) of $4,200,000, Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 64.6%, 11.0% and 10.9%, respectively. The lender has the right to apply the holdback funds to the capital expense reserve or the lender will apply the funds within the debt yield holdback subaccount to prepay a portion of the debt, in which event, the borrower will be required to pay (i) the yield maintenance premium applicable thereto and (ii) if any such prepayment is not made on a payment date, the borrower will be required to also pay interest that would have accrued on such prepaid principal to, but not including, the next payment date. |
(21) | With respect to Mortgage Loan No. 43, 2801 Finley Road, the second largest tenant is affiliated with a minority owner of the borrower and the fourth largest tenant is affiliated with a different minority owner of the borrower. |
A. | “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) (A) during the continuation of an Event of Default prior to the Prepayment Lockout Expiration Date, five percent (5%) of the unpaid principal |
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balance of the Note as of the Prepayment Date or (B) otherwise, 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 (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semiannually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and 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 Treasury Rate.) | |
B | “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. |
C. | “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount or (ii) (A) during the continuance of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, 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 Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and 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 Treasury Rate.) |
D. | “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount or (ii)(A) during the continuance of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, 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 Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and 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 Treasury Rate.) |
E. | “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount, or (ii) (A) during the continuation of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, 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 Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semiannually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and 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 Treasury Rate.) |
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F. | “Yield
Maintenance Premium” shall mean an amount equal to the greater of (i) two percent (2%) of any applicable prepayment,
or (b) the present value as of the Prepayment Date of the Calculated Payments determined by discounting such payments at the
Discount Rate. As used in this definition, (i) the term “Prepayment Date” means the date on which the
applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only
which would be due from the Prepayment Date through the Permitted Prepayment Date based on the Principal amount of the Loan
being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest
Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded
monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi annually. The calculation of
the Yield Maintenance Premium shall be made by Lender and shall, absent manifest error, be final, conclusive and binding upon
the parties. “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 and one shorter) most nearly approximating the Permitted Prepayment 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. |
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