FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-227081-03 | ||
The Information contained herein (the “Information”) is preliminary and subject to change. The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2019-C17 (the “Offering Document”). The Information supersedes any such information previously delivered. The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document. The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The Information contained herein will be more fully described elsewhere in the Offering Document. The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. The privately offered securities described in the Offering Document as to which the Information relates have not been and will not be registered under the United States Securities Act of 1933, as amended. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation could be illegal.
For investors in publicly offered securities as to which the Information relates: The depositor has filed a registration statement (including the prospectus) with the SEC (SEC File No. 333-227081) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or the underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-221-1037.
The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the Certificates referred to herein in making their investment decision.
The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system.
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ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | ||||||||||||||
AND MORTGAGED PROPERTIES | ||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | % of Initial Pool Balance |
Mortgage Loan Originator | Mortgage Loan Seller(1) |
Credit Assessment (Fitch/KBRA/S&P) | Original Balance(2) |
Cut-off Date Balance(2)(3) |
Maturity/ARD Balance(2) |
Cut-off Date Balance per SF/ Units/Rooms |
Loan Purpose | Sponsor | Non-Recourse Carveout Guarantor |
1 | Loan | Selig Office Portfolio | 9.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $75,000,000 | $75,000,000 | $75,000,000 | $335.23 | Refinance | Martin Selig; Selig Family Holdings, LLC | Martin Selig; Selig Family Holdings, LLC | ||
1.01 | Property | 4th & Battery | $31,134,796 | $31,134,796 | $31,134,796 | $335.23 | ||||||||
1.02 | Property | 333 Elliott | $30,227,500 | $30,227,500 | $30,227,500 | $335.23 | ||||||||
1.03 | Property | 3rd & Battery | $13,637,704 | $13,637,704 | $13,637,704 | $335.23 | ||||||||
2 | Loan | Farmers Insurance | 7.5% | Column Financial, Inc. | Column | $60,000,000 | $60,000,000 | $54,023,530 | $135.10 | Acquisition | LCN North American Fund III REIT | LCN North American Fund III REIT | ||
3 | Loan | Renaissance Plano | 5.6% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $45,000,000 | $44,891,320 | $36,326,430 | $295,337.63 | Refinance | Daniel S. Moon; Samuel S. Moon; Daniel S. Moon Investment Trust U/A/D 5/20/2003; Samuel S. Moon Investment Trust U/A/D 5/20/2003 | Daniel S. Moon; Samuel S. Moon; Daniel S. Moon Investment Trust U/A/D 5/20/2003; Samuel S. Moon Investment Trust U/A/D 5/20/2003 | ||
4 | Loan | Arbor Multifamily Portfolio | 5.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $42,000,000 | $42,000,000 | $36,034,518 | $48,723.90 | Refinance | Arbor Realty SR, Inc. | Arbor Realty SR, Inc. | ||
4.01 | Property | Marsh Landing | $5,475,000 | $5,475,000 | $4,697,357 | $48,723.90 | ||||||||
4.02 | Property | Laurel Glen | $5,444,904 | $5,444,904 | $4,671,535 | $48,723.90 | ||||||||
4.03 | Property | Kings Colony | $5,041,854 | $5,041,854 | $4,325,733 | $48,723.90 | ||||||||
4.04 | Property | Northridge | $4,125,000 | $4,125,000 | $3,539,104 | $48,723.90 | ||||||||
4.05 | Property | Morgan Trace | $3,729,030 | $3,729,030 | $3,199,376 | $48,723.90 | ||||||||
4.06 | Property | Glenwood Village | $3,675,000 | $3,675,000 | $3,153,020 | $48,723.90 | ||||||||
4.07 | Property | Westway | $3,379,680 | $3,379,680 | $2,899,646 | $48,723.90 | ||||||||
4.08 | Property | Willow Run | $3,254,532 | $3,254,532 | $2,792,274 | $48,723.90 | ||||||||
4.09 | Property | Greenbriar Glen | $3,000,000 | $3,000,000 | $2,573,894 | $48,723.90 | ||||||||
4.10 | Property | Forest Village | $3,000,000 | $3,000,000 | $2,573,894 | $48,723.90 | ||||||||
4.11 | Property | Whisperwood | $1,875,000 | $1,875,000 | $1,608,684 | $48,723.90 | ||||||||
5 | (23) | Loan | APX Morristown | 5.0% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $40,000,000 | $40,000,000 | $35,010,674 | $135.60 | Refinance | Fawkes Investments, L.P. | Keystone Tristate Opportunity Fund, LP; Keystone Tristate Opportunity Parallel Fund , LP; Fawkes Investments, L.P. | |
6 | Loan | Wilmington Self Storage Portfolio | 4.1% | Societe Generale Financial Corporation | SGFC | $33,000,000 | $33,000,000 | $30,344,195 | $10,178.90 | Acquisition | Prime Storage Fund II GP, LLC; Prime Storage Fund II, LP; Robert Moser | Prime Storage Fund II, LP; Prime Storage Fund II GP, LLC | ||
6.01 | Property | 5044 Carolina Beach | $19,200,000 | $19,200,000 | $17,654,805 | $10,178.90 | ||||||||
6.02 | Property | 23rd Street | $6,800,000 | $6,800,000 | $6,252,743 | $10,178.90 | ||||||||
6.03 | Property | Mt. Misery | $4,600,000 | $4,600,000 | $4,229,797 | $10,178.90 | ||||||||
6.04 | Property | 5800 Carolina Beach | $2,400,000 | $2,400,000 | $2,206,851 | $10,178.90 | ||||||||
7 | Loan | Grand Canal Shoppes | 3.7% | Morgan Stanley Bank, N.A.; Wells Fargo Bank, N.A.; JPMorgan Chase Bank, National Association; Goldman Sachs Bank USA | UBS AG | BBB-sf / A-(sf) / BBB(sf) | $30,000,000 | $30,000,000 | $30,000,000 | $1,000.14 | Refinance | Brookfield Properties REIT Inc.; Nuveen Real Estate | BPR Nimbus LLC | |
8 | (24) | Loan | BMO Harris Office Portfolio | 3.5% | Societe Generale Financial Corporation | SGFC | $27,950,000 | $27,950,000 | $25,317,598 | $134.03 | Acquisition | Pietro V. Scola; Joseph L. Fox | Pietro V. Scola; Joseph L. Fox | |
8.01 | Property | 395 and 401 North Executive Drive | $20,398,000 | $20,398,000 | $18,476,865 | $134.03 | ||||||||
8.02 | Property | 180 North Executive Drive | $7,552,000 | $7,552,000 | $6,840,734 | $134.03 | ||||||||
9 | Loan | Westpark Club | 3.4% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $27,000,000 | $27,000,000 | $27,000,000 | $110,655.74 | Refinance | Andrew Schwarz | Andrew Schwarz; Larry B. Rabin; Jonathan D. Fawer; Richard F. Weber, Jr. | ||
10 | Loan | Marriott Fort Collins | 3.2% | Societe Generale Financial Corporation | SGFC | $26,000,000 | $26,000,000 | $23,554,821 | $113,537.12 | Refinance | Mark Schlossberg; Cary Mack | Southwest Value Partners Fund XV, LP | ||
11 | Loan | The Forum at Grandview | 3.0% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $24,240,000 | $24,240,000 | $21,228,415 | $112.15 | Acquisition | J. Charles Hendon, JR. | J. Charles Hendon, JR. | ||
12 | Loan | 1200 Lakes Drive | 3.0% | UBS AG | UBS AG | $23,750,000 | $23,750,000 | $19,056,496 | $247.83 | Refinance | Leon Melohn | Leon Melohn | ||
13 | Loan | South 400 | 2.8% | Column Financial, Inc. | Column | $22,550,000 | $22,550,000 | $22,550,000 | $107,894.74 | Acquisition | Michel D. Hibbert; R. Laurence Keene; Genevieve Keene | Michel D. Hibbert; R. Laurence Keene; Genevieve Keene | ||
14 | Loan | Heights at McArthur | 2.8% | Bayview Commercial Mortgage Finance, LLC | Column | $22,500,000 | $22,500,000 | $19,510,319 | $78,125.00 | Refinance | Jeffrey L. Byrd; Connell Radcliff; Randall Bosse; William E. Peebles | Jeffrey L. Byrd; Connell Radcliff; Randall Bosse; William E. Peebles | ||
15 | Loan | The Glass House | 2.6% | Societe Generale Financial Corporation | SGFC | $20,500,000 | $20,500,000 | $20,500,000 | $401,960.78 | Refinance | Theodore M. Weinberg | Theodore M. Weinberg | ||
16 | Loan | Marriott Lake George | 2.6% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $20,500,000 | $20,500,000 | $20,500,000 | $172,268.91 | Refinance | David J. Kenny | David J. Kenny | ||
17 | Loan | Bison Portfolio | 2.5% | Societe Generale Financial Corporation | SGFC | $20,400,000 | $20,400,000 | $18,609,199 | $100.53 | Refinance | Adam Ifshin | Adam Ifshin | ||
17.01 | Property | Spring Creek | $15,968,100 | $15,968,100 | $14,566,350 | $100.53 | ||||||||
17.02 | Property | Steele Crossing | $4,431,900 | $4,431,900 | $4,042,848 | $100.53 | ||||||||
18 | Loan | Great Wolf Lodge Southern California | 2.5% | Wells Fargo Bank, National Association | Column | $20,000,000 | $20,000,000 | $20,000,000 | $248,756.22 | Refinance | McWhinney Real Estate Services, Inc.; Chad McWhinney; Troy McWhinney; Great Wolf Resorts, Inc. | McWhinney Holding Company, LLLP | ||
19 | Loan | Hilton Garden Inn Waverly | 2.5% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $20,000,000 | $19,953,083 | $16,140,615 | $141,511.23 | Refinance | Nikhil Patel; Amar Patel | Nikhil Patel; Amar Patel | ||
20 | Loan | ExchangeRight Net Leased Portfolio 28 | 2.5% | Societe Generale Financial Corporation | SGFC | $19,943,000 | $19,943,000 | $19,943,000 | $132.54 | Acquisition | ExchangeRight Real Estate, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | ExchangeRight Real Estate, LLC; David Fisher; Joshua Ungerecht; Warren Thomas | ||
20.01 | Property | Pick n Save - Oconomowoc, WI | $2,571,821 | $2,571,821 | $2,571,821 | $132.54 | ||||||||
20.02 | Property | Pick n Save - Wales, WI | $1,991,711 | $1,991,711 | $1,991,711 | $132.54 | ||||||||
20.03 | Property | Hobby Lobby - Hendersonville, TN | $1,537,292 | $1,537,292 | $1,537,292 | $132.54 | ||||||||
20.04 | Property | Hobby Lobby - Appleton, WI | $1,359,516 | $1,359,516 | $1,359,516 | $132.54 | ||||||||
20.05 | Property | Walgreens - Newport News, VA | $1,218,231 | $1,218,231 | $1,218,231 | $132.54 | ||||||||
20.06 | Property | Walgreens - Aurora, IL | $1,160,220 | $1,160,220 | $1,160,220 | $132.54 | ||||||||
20.07 | Property | Walgreens - Hammond, IN | $1,160,220 | $1,160,220 | $1,160,220 | $132.54 | ||||||||
20.08 | Property | Walgreens - North Aurora, IL | $986,187 | $986,187 | $986,187 | $132.54 | ||||||||
20.09 | Property | Walgreens - Fort Worth, TX | $934,102 | $934,102 | $934,102 | $132.54 | ||||||||
20.10 | Property | Tractor Supply - Lake Charles, LA | $850,828 | $850,828 | $850,828 | $132.54 | ||||||||
20.11 | Property | Fresenius Medical Care - West Columbia, SC | $846,150 | $846,150 | $846,150 | $132.54 | ||||||||
20.12 | Property | Walgreens - Flint, MI | $821,823 | $821,823 | $821,823 | $132.54 | ||||||||
20.13 | Property | Tractor Supply - Springtown, TX | $792,817 | $792,817 | $792,817 | $132.54 | ||||||||
20.14 | Property | Walgreens - Orland Park, IL | $773,480 | $773,480 | $773,480 | $132.54 | ||||||||
20.15 | Property | Walgreens - Peoria, IL | $541,436 | $541,436 | $541,436 | $132.54 | ||||||||
20.16 | Property | Dollar General - Houston, TX | $367,403 | $367,403 | $367,403 | $132.54 | ||||||||
20.17 | Property | Dollar General - Soddy Daisy, TN | $362,725 | $362,725 | $362,725 | $132.54 | ||||||||
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | $314,382 | $314,382 | $314,382 | $132.54 | ||||||||
20.19 | Property | Dollar General - Mishawaka, IN | $301,595 | $301,595 | $301,595 | $132.54 | ||||||||
20.20 | Property | Dollar General - Lambertville, MI | $280,387 | $280,387 | $280,387 | $132.54 | ||||||||
20.21 | Property | Dollar Tree - Beech Island, SC | $262,921 | $262,921 | $262,921 | $132.54 | ||||||||
20.22 | Property | Dollar General - Youngsville, LA | $261,050 | $261,050 | $261,050 | $132.54 | ||||||||
20.23 | Property | Dollar General - Battle Creek, MI | $246,703 | $246,703 | $246,703 | $132.54 | ||||||||
21 | Loan | 14th Street Portfolio | 2.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $17,900,000 | $17,900,000 | $17,900,000 | $927.75 | Refinance | Norman Jemal | Norman Jemal | ||
21.01 | Property | 1401 14th Street, Northwest | $8,500,000 | $8,500,000 | $8,500,000 | $927.75 | ||||||||
21.02 | Property | 2424 18th Street, Northwest | $6,400,000 | $6,400,000 | $6,400,000 | $927.75 | ||||||||
21.03 | Property | 1522 14 Street, Northwest | $3,000,000 | $3,000,000 | $3,000,000 | $927.75 | ||||||||
22 | Loan | Jamesbridge Apartments | 1.9% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $15,000,000 | $15,000,000 | $13,151,583 | $36,231.88 | Refinance | Pinchos David Shermano | Pinchos David Shermano | ||
23 | Loan | 3301 Windy Ridge Parkway | 1.7% | Societe Generale Financial Corporation | SGFC | $13,300,000 | $13,300,000 | $11,260,626 | $126.83 | Acquisition | Jeffrey P. Lopez | Jeffrey P. Lopez | ||
24 | Loan | The Atrium | 1.6% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $13,100,000 | $13,100,000 | $13,100,000 | $390.14 | Refinance | Kamyar Shabani; K. Joseph Shabani | Kamyar Shabani; K. Joseph Shabani | ||
25 | Loan | Walgreens and CVS Portfolio | 1.6% | UBS AG | UBS AG | $12,900,000 | $12,900,000 | $11,134,184 | $230.95 | Acquisition | Michael A. Stahelin; Leland M. Stahelin | Michael A. Stahelin; Leland M. Stahelin | ||
25.01 | Property | CVS - Parma | $3,931,338 | $3,931,338 | $3,393,197 | $230.95 | ||||||||
25.02 | Property | Walgreens - Jacksonville | $3,141,147 | $3,141,147 | $2,711,171 | $230.95 | ||||||||
25.03 | Property | Walgreens - Suwanee | $2,934,023 | $2,934,023 | $2,532,399 | $230.95 | ||||||||
25.04 | Property | Walgreens - Galesburg | $2,893,492 | $2,893,492 | $2,497,416 | $230.95 | ||||||||
26 | Loan | Mariner Square | 1.6% | Column Financial, Inc. | Column | $12,850,000 | $12,784,232 | $11,932,003 | $65.99 | Acquisition | Philip J. Wilson; Leslie G. Callahan, III | Philip J. Wilson; Leslie G. Callahan, III | ||
27 | Loan | Carolina Breeze Apartments | 1.5% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $12,000,000 | $12,000,000 | $10,448,423 | $72,727.27 | Refinance | Nathan P. Friedman; Abraham Lamm | Nathan P. Friedman; Abraham Lamm | ||
28 | Loan | The Mill on Main | 1.5% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $11,700,000 | $11,700,000 | $10,064,674 | $177,272.73 | Refinance | Daniel Elstein | Daniel Elstein | ||
29 | Loan | Desert Marketplace | 1.2% | Grass River Real Estate Credit Partners REIT LLC | 3650 REIT | $10,000,000 | $10,000,000 | $9,110,324 | $169.82 | Refinance | The Walters Group | The Walters Group | ||
30 | Loan | Blackmore Marketplace | 1.2% | UBS AG | UBS AG | $10,000,000 | $10,000,000 | $8,435,509 | $140.92 | Refinance | E. Stanley Kroenke | E. Stanley Kroenke | ||
31 | (25) | Loan | Windsor Crossing | 1.2% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $9,243,000 | $9,243,000 | $8,051,824 | $105,034.09 | Refinance | David M. Jenkins | David M. Jenkins | |
32 | Loan | Home 2 Suites El Reno | 1.0% | Societe Generale Financial Corporation | SGFC | $8,400,000 | $8,360,858 | $5,273,849 | $98,363.03 | Refinance | Kalpana Patel; Shaurin Patel | Kalpana N. Patel; Shaurin N. Patel | ||
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | 1.0% | Societe Generale Financial Corporation | SGFC | $7,725,000 | $7,725,000 | $5,669,902 | $99,038.46 | Refinance | Dipti R. Parikh; Sujal R. Parikh | Dipti R. Parikh | ||
34 | Loan | Laburnum Square | 1.0% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $7,665,000 | $7,665,000 | $6,976,868 | $70.06 | Refinance | Wheeler Real Estate Investment Trust, Inc. | Wheeler Real Estate Investment Trust, Inc. | ||
35 | Loan | Holiday Inn Express Lakeway Austin NW | 0.8% | Grass River Real Estate Credit Partners Loan Funding, LLC | 3650 REIT | $6,310,000 | $6,310,000 | $5,057,663 | $80,897.44 | Acquisition | Alfredo Tinajero Fontan | Alfredo Tinajero Fontan | ||
36 | (26) | Loan | LA Fitness Douglasville | 0.8% | Societe Generale Financial Corporation | SGFC | $6,150,000 | $6,150,000 | $5,478,216 | $136.67 | Acquisition | Carl J. Greenwood as trustee of The Greenwood Family Trust dated October 16, 1985; Carl J. Greenwood; James F. Mckenzie as trustee of Mckenzie Living Trust, Established December 16, 2009; James F. Mckenzie | Carl J. Greenwood as trustee of The Greenwood Family Trust dated October 16, 1985; Carl J. Greenwood; James F. Mckenzie as trustee of Mckenzie Living Trust, Established December 16, 2009; James F. Mckenzie | |
37 | (27) | Loan | LA Fitness Coppell | 0.8% | Societe Generale Financial Corporation | SGFC | $6,100,000 | $6,100,000 | $5,452,360 | $148.78 | Acquisition | Carl J. Greenwood as trustee of The Greenwood Family Trust dated October 16, 1985; Carl J. Greenwood; James F. Mckenzie as trustee of Mckenzie Living Trust, Established December 16, 2009; James F. Mckenzie | Carl J. Greenwood as trustee of The Greenwood Family Trust dated October 16, 1985; Carl J. Greenwood; James F. Mckenzie as trustee of Mckenzie Living Trust, Established December 16, 2009; James F. Mckenzie |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | |||||||||||||||||||||
AND MORTGAGED PROPERTIES | |||||||||||||||||||||
MORTGAGED PROPERTY CHARACTERISTICS | |||||||||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | No. of Properties |
General Property Type | Detailed Property Type | Title Type(4)(5) | Ground Lease Initial Lease Expiration Date(5) |
Address | City | County | State | Zip Code | Year Built | Year Renovated | Net Rentable Area SF/Units/ Rooms(5)(6) |
Units of Measure |
Occupancy Rate(7) |
Occupancy Rate As-of Date(7) |
Appraised Value(8) |
Appraisal As-of Date(8) |
1 | Loan | Selig Office Portfolio | 3 | Office | CBD | Fee | NAP | Various | Seattle | King | WA | Various | Various | Various | 402,705 | Square Feet | 98.3% | 4/15/2019 | $228,700,000 | Various | |
1.01 | Property | 4th & Battery | 1 | Office | CBD | Fee | NAP | 2401 4th Avenue | Seattle | King | WA | 98121 | 1978 | 2018 | 202,130 | Square Feet | 96.6% | 4/15/2019 | $90,000,000 | 5/6/2019 | |
1.02 | Property | 333 Elliott | 1 | Office | CBD | Fee | NAP | 333 Elliott Avenue West | Seattle | King | WA | 98119 | 2008 | N/A | 133,472 | Square Feet | 100.0% | 4/15/2019 | $97,000,000 | 9/1/2019 | |
1.03 | Property | 3rd & Battery | 1 | Office | CBD | Fee | NAP | 2400 3rd Avenue | Seattle | King | WA | 98121 | 2016 | N/A | 67,103 | Square Feet | 100.0% | 4/15/2019 | $41,700,000 | 5/6/2019 | |
2 | Loan | Farmers Insurance | 1 | Office | Suburban | Fee | NAP | 5665 North Kraft Lake Drive Southeast, 6300 Old 60th Street Southeast, and 5600 Beechtree Lane Southeast | Caledonia Township | Kent | MI | 49316 | 1990, 1998, 2010 | NAP | 713,935 | Square Feet | 100.0% | 8/27/2019 | $151,200,000 | 8/6/2019 | |
3 | Loan | Renaissance Plano | 1 | Hotel | Full Service | Fee | NAP | 6007 Legacy Drive | Plano | Collin | TX | 75024 | 2017 | N/A | 304 | Rooms | 73.0% | 7/31/2019 | $139,400,000 | 5/9/2019 | |
4 | Loan | Arbor Multifamily Portfolio | 11 | Multifamily | Garden | Fee | NAP | Various | Various | Various | GA | Various | Various | NAP | 862 | Units | 94.4% | 5/31/2019 | $58,750,000 | Various | |
4.01 | Property | Marsh Landing | 1 | Multifamily | Garden | Fee | NAP | 3875 Darien Highway | Brunswick | Glynn | GA | 31525 | 1986 | NAP | 105 | Units | 97.1% | 5/31/2019 | $7,300,000 | 5/6/2019 | |
4.02 | Property | Laurel Glen | 1 | Multifamily | Garden | Fee | NAP | 4191 Lake Acworth Drive | Acworth | Cobb | GA | 30101 | 1986 | NAP | 81 | Units | 92.6% | 5/31/2019 | $7,800,000 | 5/8/2019 | |
4.03 | Property | Kings Colony | 1 | Multifamily | Garden | Fee | NAP | 1425 Kings George Boulevard | Savannah | Chatham | GA | 31419 | 1987 | NAP | 89 | Units | 96.6% | 5/31/2019 | $7,000,000 | 5/6/2019 | |
4.04 | Property | Northridge | 1 | Multifamily | Garden | Fee | NAP | 400 Northside Drive | Carrollton | Carroll | GA | 30117 | 1985 | NAP | 77 | Units | 94.8% | 5/31/2019 | $5,500,000 | 5/7/2019 | |
4.05 | Property | Morgan Trace | 1 | Multifamily | Garden | Fee | NAP | 4065 Jonesboro Road | Union City | Fulton | GA | 30291 | 1985 | NAP | 80 | Units | 88.8% | 5/31/2019 | $5,900,000 | 5/8/2019 | |
4.06 | Property | Glenwood Village | 1 | Multifamily | Garden | Fee | NAP | 1420 Gray Highway | Macon | Bibb | GA | 31211 | 1986 | NAP | 80 | Units | 95.0% | 5/31/2019 | $4,900,000 | 5/7/2019 | |
4.07 | Property | Westway | 1 | Multifamily | Garden | Fee | NAP | 2006 Commercial Drive South | Brunswick | Glynn | GA | 31525 | 1984 | NAP | 70 | Units | 91.4% | 5/31/2019 | $5,200,000 | 5/6/2019 | |
4.08 | Property | Willow Run | 1 | Multifamily | Garden | Fee | NAP | 4941 Central Drive | Stone Mountain | DeKalb | GA | 30083 | 1983 | NAP | 73 | Units | 94.5% | 5/31/2019 | $4,600,000 | 5/8/2019 | |
4.09 | Property | Greenbriar Glen | 1 | Multifamily | Garden | Fee | NAP | 3030 Continental Colony Parkway | Atlanta | Fulton | GA | 30331 | 1987 | NAP | 74 | Units | 93.2% | 5/31/2019 | $4,000,000 | 5/8/2019 | |
4.10 | Property | Forest Village | 1 | Multifamily | Garden | Fee | NAP | 1481 Forest Hill Road | Macon | Bibb | GA | 31210 | 1983 | NAP | 83 | Units | 97.6% | 5/31/2019 | $4,000,000 | 5/7/2019 | |
4.11 | Property | Whisperwood | 1 | Multifamily | Garden | Fee | NAP | 1506 East 16th Avenue | Cordele | Crisp | GA | 31015 | 1986 | NAP | 50 | Units | 96.0% | 5/31/2019 | $2,550,000 | 5/7/2019 | |
5 | (23) | Loan | APX Morristown | 1 | Office | Suburban | Fee | NAP | 412 Mount Kemble Avenue | Morristown | Morris | NJ | 07960 | 1986 | 2016-2018 | 486,742 | Square Feet | 94.0% | 6/21/2019 | $98,000,000 | 6/28/2019 |
6 | Loan | Wilmington Self Storage Portfolio | 4 | Self Storage | Self Storage | Fee | NAP | Various | Various | Various | NC | Various | Various | Various | 3,242 | Units | 94.3% | 7/31/2019 | $47,420,000 | Various | |
6.01 | Property | 5044 Carolina Beach | 1 | Self Storage | Self Storage | Fee | NAP | 5044 Carolina Beach Road | Wilmington | New Hanover | NC | 28412 | 2003 | 2017 | 1,786 | Units | 95.6% | 7/31/2019 | $27,610,000 | 4/17/2019 | |
6.02 | Property | 23rd Street | 1 | Self Storage | Self Storage | Fee | NAP | 2306 North 23rd Street | Wilmington | New Hanover | NC | 28401 | 2007 | 2013 | 630 | Units | 96.0% | 7/31/2019 | $9,710,000 | 4/14/2019 | |
6.03 | Property | Mt. Misery | 1 | Self Storage | Self Storage | Fee | NAP | 1862 Mount Misery Road Northeast | Leland | Brunswick | NC | 28451 | 2009 | 2017 | 571 | Units | 90.4% | 7/31/2019 | $6,580,000 | 4/17/2019 | |
6.04 | Property | 5800 Carolina Beach | 1 | Self Storage | Self Storage | Fee | NAP | 5800 Carolina Beach Road | Wilmington | New Hanover | NC | 28412 | 2006 | NAP | 255 | Units | 90.2% | 7/31/2019 | $3,520,000 | 4/17/2019 | |
7 | Loan | Grand Canal Shoppes | 1 | Retail | Specialty Retail | Fee & Leasehold | 2/28/2064 | 3327 & 3377 Las Vegas Boulevard South | Las Vegas | Clark | NV | 89109 | 1999 | 2007 | 759,891 | Square Feet | 94.0% | 5/31/2019 | $1,640,000,000 | 4/3/2019 | |
8 | (24) | Loan | BMO Harris Office Portfolio | 2 | Office | Suburban | Fee | NAP | Various | Brookfield | Waukesha | WI | 53005 | Various | Various | 208,535 | Square Feet | 100.0% | 7/1/2019 | $43,700,000 | 6/26/2019 |
8.01 | Property | 395 and 401 North Executive Drive | 1 | Office | Suburban | Fee | NAP | 395 and 401 North Executive Drive | Brookfield | Waukesha | WI | 53005 | 1985 & 2008 | 2008 | 145,909 | Square Feet | 100.0% | 7/1/2019 | $31,900,000 | 6/26/2019 | |
8.02 | Property | 180 North Executive Drive | 1 | Office | Suburban | Fee | NAP | 180 North Executive Drive | Brookfield | Waukesha | WI | 53005 | 1980 | NAP | 62,626 | Square Feet | 100.0% | 7/1/2019 | $11,800,000 | 6/26/2019 | |
9 | Loan | Westpark Club | 1 | Multifamily | Garden | Fee | NAP | 150 Westpark Drive | Athens | Clarke | GA | 30606 | 1997, 2018 | 2018 | 244 | Units | 96.7% | 8/16/2019 | $41,400,000 | 8/9/2019 | |
10 | Loan | Marriott Fort Collins | 1 | Hotel | Full Service | Fee | NAP | 350 East Horsetooth Road | Fort Collins | Larimer | CO | 80525 | 1985 | 2013 | 229 | Rooms | 63.7% | 8/30/2019 | $36,500,000 | 8/15/2019 | |
11 | Loan | The Forum at Grandview | 1 | Retail | Anchored | Fee | NAP | 175 Grandview Boulevard | Madison | Madison | MS | 39110 | 2010, 2012, 2016 | NAP | 216,144 | Square Feet | 100.0% | 7/8/2019 | $36,200,000 | 1/3/2019 | |
12 | Loan | 1200 Lakes Drive | 1 | Retail | Single Tenant | Fee | NAP | 1200 Lakes Drive | West Covina | Los Angeles | CA | 91790 | 1996 | NAP | 95,832 | Square Feet | 100.0% | 6/20/2019 | $34,600,000 | 6/27/2019 | |
13 | Loan | South 400 | 1 | Multifamily | Mid Rise | Fee | NAP | 400 South Jennings Avenue | Fort Worth | Tarrant | TX | 76104 | 2017 | NAP | 209 | Units | 97.1% | 8/5/2019 | $37,000,000 | 7/9/2019 | |
14 | Loan | Heights at McArthur | 1 | Multifamily | Garden | Fee | NAP | 2523 Mulranny Drive | Fayetteville | Cumberland | NC | 28311 | 2009-2010 | NAP | 288 | Units | 96.9% | 7/11/2019 | $30,850,000 | 5/23/2019 | |
15 | Loan | The Glass House | 1 | Multifamily | Mid Rise | Fee | NAP | 250 South Central Avenue | Hartsdale | Westchester | NY | 10530 | 2018 | NAP | 51 | Units | 94.1% | 7/23/2019 | $31,200,000 | 6/25/2019 | |
16 | Loan | Marriott Lake George | 1 | Hotel | Select Service | Fee | NAP | 365 Canada Street | Lake George | Warren | NY | 12845 | 2016 | NAP | 119 | Rooms | 65.6% | 5/31/2019 | $34,000,000 | 5/8/2019 | |
17 | Loan | Bison Portfolio | 2 | Retail | Anchored | Fee | NAP | Various | Fayetteville | Washington | AR | 72703 | Various | NAP | 397,906 | Square Feet | 97.4% | Various | $56,600,000 | 6/9/2019 | |
17.01 | Property | Spring Creek | 1 | Retail | Anchored | Fee | NAP | 464 East Joyce Boulevard | Fayetteville | Washington | AR | 72703 | 1995 | NAP | 261,008 | Square Feet | 96.5% | 7/1/2019 | $44,300,000 | 6/9/2019 | |
17.02 | Property | Steele Crossing | 1 | Retail | Anchored | Fee | NAP | 3533 Shiloh Drive | Fayetteville | Washington | AR | 72703 | 2002 | NAP | 136,898 | Square Feet | 99.0% | 6/6/2019 | $12,300,000 | 6/9/2019 | |
18 | Loan | Great Wolf Lodge Southern California | 1 | Hotel | Full Service | Fee | NAP | 12681 Harbor Boulevard | Garden Grove | Orange | CA | 92840 | 2016 | NAP | 603 | Rooms | 80.8% | 1/31/2019 | $302,900,000 | 11/28/2018 | |
19 | Loan | Hilton Garden Inn Waverly | 1 | Hotel | Select Service | Fee | NAP | 7415 Waverly Walk Avenue | Charlotte | Mecklenburg | NC | 28277 | 2018 | NAP | 141 | Rooms | 78.7% | 7/31/2019 | $32,000,000 | 4/1/2019 | |
20 | Loan | ExchangeRight Net Leased Portfolio 28 | 23 | Various | Various | Fee | NAP | Various | Various | Various | Various | Various | Various | Various | 482,428 | Square Feet | 100.0% | 7/10/2019 | $103,230,500 | Various | |
20.01 | Property | Pick n Save - Oconomowoc, WI | 1 | Retail | Single Tenant | Fee | NAP | 36903 East Wisconsin Avenue | Oconomowoc | Waukesha | WI | 53066 | 2008 | NAP | 61,700 | Square Feet | 100.0% | 7/10/2019 | $13,300,000 | 6/19/2019 | |
20.02 | Property | Pick n Save - Wales, WI | 1 | Retail | Single Tenant | Fee | NAP | 405 North Wales Road | Wales | Waukesha | WI | 53183 | 1997 | 2018 | 61,000 | Square Feet | 100.0% | 7/10/2019 | $10,300,000 | 6/19/2019 | |
20.03 | Property | Hobby Lobby - Hendersonville, TN | 1 | Retail | Single Tenant | Fee | NAP | 261 Indian Lake Boulevard | Hendersonville | Sumner | TN | 37075 | 2015 | NAP | 55,000 | Square Feet | 100.0% | 7/10/2019 | $8,050,000 | 6/23/2019 | |
20.04 | Property | Hobby Lobby - Appleton, WI | 1 | Retail | Single Tenant | Fee | NAP | 346 North Casaloma Drive | Appleton | Outagamie | WI | 54913 | 1995 | NAP | 73,764 | Square Feet | 100.0% | 7/10/2019 | $7,030,000 | 6/19/2019 | |
20.05 | Property | Walgreens - Newport News, VA | 1 | Retail | Single Tenant | Fee | NAP | 12750 Jefferson Avenue | Newport News | Newport News City | VA | 23602 | 2003 | NAP | 14,490 | Square Feet | 100.0% | 7/10/2019 | $6,300,000 | 6/7/2019 | |
20.06 | Property | Walgreens - Aurora, IL | 1 | Retail | Single Tenant | Fee | NAP | 22 North Constitution Drive | Aurora | Kane | IL | 60506 | 2007 | NAP | 14,820 | Square Feet | 100.0% | 7/10/2019 | $6,000,000 | 6/17/2019 | |
20.07 | Property | Walgreens - Hammond, IN | 1 | Retail | Single Tenant | Fee | NAP | 7236 Calumet Avenue | Hammond | Lake | IN | 46324 | 2008 | NAP | 14,550 | Square Feet | 100.0% | 7/10/2019 | $6,000,000 | 6/14/2019 | |
20.08 | Property | Walgreens - North Aurora, IL | 1 | Retail | Single Tenant | Fee | NAP | 1051 Oak Street | North Aurora | Kane | IL | 60542 | 2005 | NAP | 14,800 | Square Feet | 100.0% | 7/10/2019 | $5,100,000 | 6/7/2019 | |
20.09 | Property | Walgreens - Fort Worth, TX | 1 | Retail | Single Tenant | Fee | NAP | 4921 Bryant Irvin Road | Fort Worth | Tarrant | TX | 76132 | 1998 | NAP | 13,905 | Square Feet | 100.0% | 7/10/2019 | $4,830,000 | 5/17/2019 | |
20.10 | Property | Tractor Supply - Lake Charles, LA | 1 | Retail | Single Tenant | Fee | NAP | 2751 Power Center Parkway | Lake Charles | Calcasieu | LA | 70607 | 2019 | NAP | 19,097 | Square Feet | 100.0% | 7/10/2019 | $4,400,000 | 6/19/2019 | |
20.11 | Property | Fresenius Medical Care - West Columbia, SC | 1 | Office | Medical | Fee | NAP | 1000 Ramblin Road | South Congaree | Lexington | SC | 29172 | 2017 | NAP | 8,263 | Square Feet | 100.0% | 7/10/2019 | $4,375,000 | 6/20/2019 | |
20.12 | Property | Walgreens - Flint, MI | 1 | Retail | Single Tenant | Fee | NAP | 5703 South Saginaw Road | Flint | Genesee | MI | 48507 | 1998 | NAP | 13,905 | Square Feet | 100.0% | 7/10/2019 | $4,250,000 | 6/20/2019 | |
20.13 | Property | Tractor Supply - Springtown, TX | 1 | Retail | Single Tenant | Fee | NAP | 1087 East Highway 199 | Springtown | Parker | TX | 76082 | 2019 | NAP | 19,097 | Square Feet | 100.0% | 7/10/2019 | $4,100,000 | 6/14/2019 | |
20.14 | Property | Walgreens - Orland Park, IL | 1 | Retail | Single Tenant | Fee | NAP | 7960 West 159th Street | Orland Park | Cook | IL | 60462 | 1997 | 2016 | 15,120 | Square Feet | 100.0% | 7/10/2019 | $4,000,000 | 6/19/2019 | |
20.15 | Property | Walgreens - Peoria, IL | 1 | Retail | Single Tenant | Fee | NAP | 2515 North Knoxville Avenue | Peoria | Peoria | IL | 61604 | 1998 | NAP | 13,500 | Square Feet | 100.0% | 7/10/2019 | $2,800,000 | 6/17/2019 | |
20.16 | Property | Dollar General - Houston, TX | 1 | Retail | Single Tenant | Fee | NAP | 919 East Airtex Drive | Houston | Harris | TX | 77073 | 2018 | NAP | 7,489 | Square Feet | 100.0% | 7/10/2019 | $1,900,000 | 6/14/2019 | |
20.17 | Property | Dollar General - Soddy Daisy, TN | 1 | Retail | Single Tenant | Fee | NAP | 1231 Sequoyah Road | Soddy Daisy | Hamilton | TN | 37379 | 2019 | NAP | 10,566 | Square Feet | 100.0% | 7/10/2019 | $1,875,000 | 6/23/2019 | |
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | 1 | Retail | Single Tenant | Fee | NAP | 4266 Augusta Road | Lexington | Lexington | SC | 29073 | 2009 | NAP | 7,225 | Square Feet | 100.0% | 7/10/2019 | $1,625,000 | 6/17/2019 | |
20.19 | Property | Dollar General - Mishawaka, IN | 1 | Retail | Single Tenant | Fee | NAP | 1209 East McKinley Avenue | Mishawaka | Saint Joseph | IN | 46545 | 2019 | NAP | 9,100 | Square Feet | 100.0% | 7/10/2019 | $1,560,000 | 6/14/2019 | |
20.20 | Property | Dollar General - Lambertville, MI | 1 | Retail | Single Tenant | Fee | NAP | 7385 Summerfield Road | Lambertville | Monroe | MI | 48144 | 2019 | NAP | 7,489 | Square Feet | 100.0% | 7/10/2019 | $1,450,500 | 4/13/2019 | |
20.21 | Property | Dollar Tree - Beech Island, SC | 1 | Retail | Single Tenant | Fee | NAP | 4404 Jefferson Davis Highway | Clearwater | Aiken | SC | 29842 | 2018 | NAP | 9,520 | Square Feet | 100.0% | 7/10/2019 | $1,360,000 | 6/20/2019 | |
20.22 | Property | Dollar General - Youngsville, LA | 1 | Retail | Single Tenant | Fee | NAP | 2317 East Milton Avenue | Youngsville | Lafayette | LA | 70592 | 2019 | NAP | 9,002 | Square Feet | 100.0% | 7/10/2019 | $1,350,000 | 6/11/2019 | |
20.23 | Property | Dollar General - Battle Creek, MI | 1 | Retail | Single Tenant | Fee | NAP | 1013 East Emmett Street | Battle Creek | Calhoun | MI | 49014 | 2018 | NAP | 9,026 | Square Feet | 100.0% | 7/10/2019 | $1,275,000 | 4/13/2019 | |
21 | Loan | 14th Street Portfolio | 3 | Various | Various | Fee | NAP | Various | Washington | District of Columbia | DC | Various | Various | NAP | 19,294 | Square Feet | 87.1% | 5/1/2019 | $28,500,000 | Various | |
21.01 | Property | 1401 14th Street, Northwest | 1 | Mixed Use | Office/Retail | Fee | NAP | 1401 14th Streeet, Northwest | Washington | District of Columbia | DC | 20005 | 1900 | NAP | 10,173 | Square Feet | 75.5% | 5/1/2019 | $12,700,000 | 3/12/2019 | |
21.02 | Property | 2424 18th Street, Northwest | 1 | Retail | Unanchored | Fee | NAP | 2424 18th Street, Northwest | Washington | District of Columbia | DC | 20009 | 1917 | NAP | 6,406 | Square Feet | 100.0% | 5/1/2019 | $10,600,000 | 4/9/2019 | |
21.03 | Property | 1522 14 Street, Northwest | 1 | Retail | Unanchored | Fee | NAP | 1522 14 Street, Northwest | Washington | District of Columbia | DC | 20005 | 1920 | NAP | 2,715 | Square Feet | 100.0% | 5/1/2019 | $5,200,000 | 4/9/2019 | |
22 | Loan | Jamesbridge Apartments | 1 | Multifamily | Garden | Fee & Leasehold | NAP | 3815 Advantage Way Drive | Memphis | Shelby | TN | 38128 | 1986 | 2000, 2019 | 414 | Units | 96.9% | 7/8/2019 | $20,400,000 | 5/10/2019 | |
23 | Loan | 3301 Windy Ridge Parkway | 1 | Office | Suburban | Fee | NAP | 3301 Windy Ridge Parkway SE | Atlanta | Cobb | GA | 30339 | 1982 | 2013 | 104,863 | Square Feet | 98.1% | 7/16/2019 | $19,300,000 | 6/5/2019 | |
24 | Loan | The Atrium | 1 | Office | Suburban | Fee | NAP | 860 Via De La Paz | Pacific Palisades | Los Angeles | CA | 90272 | 1981 | 2007 | 33,578 | Square Feet | 100.0% | 8/14/2019 | $21,000,000 | 3/1/2019 | |
25 | Loan | Walgreens and CVS Portfolio | 4 | Retail | Single Tenant | Various | Various | Various | Various | Various | Various | Various | Various | NAP | 55,856 | Square Feet | 100.0% | 6/1/2019 | $19,925,000 | Various | |
25.01 | Property | CVS - Parma | 1 | Retail | Single Tenant | Fee & Leasehold | 7/1/2044 | 2007 Brookpark Road | Parma | Cuyahoga | OH | 44109 | 2000 | NAP | 10,125 | Square Feet | 100.0% | 6/1/2019 | $7,350,000 | 5/1/2019 | |
25.02 | Property | Walgreens - Jacksonville | 1 | Retail | Single Tenant | Fee | NAP | 134 West Morton Avenue | Jacksonville | Morgan | IL | 62650 | 2002 | NAP | 15,051 | Square Feet | 100.0% | 6/1/2019 | $4,250,000 | 5/10/2019 | |
25.03 | Property | Walgreens - Suwanee | 1 | Retail | Single Tenant | Fee | NAP | 2075 Lawrenceville Suwanee Road | Suwanee | Gwinnett | GA | 30024 | 2000 | NAP | 15,000 | Square Feet | 100.0% | 6/1/2019 | $4,375,000 | 5/11/2019 | |
25.04 | Property | Walgreens - Galesburg | 1 | Retail | Single Tenant | Fee | NAP | 844 West Fremont Street | Galesburg | Knox | IL | 61401 | 2002 | NAP | 15,680 | Square Feet | 100.0% | 6/1/2019 | $3,950,000 | 5/10/2019 | |
26 | Loan | Mariner Square | 1 | Retail | Anchored | Fee | NAP | 13050 Cortez Boulevard | Spring Hill | Hernando | FL | 34613 | 1988 | NAP | 193,724 | Square Feet | 82.7% | 6/30/2019 | $18,300,000 | 2/1/2019 | |
27 | Loan | Carolina Breeze Apartments | 1 | Multifamily | Garden | Fee | NAP | 100-200 Cedar Street | Myrtle Beach | Horry | SC | 29577 | 1970 | 2017 | 165 | Units | 99.4% | 4/1/2019 | $16,400,000 | 3/28/2019 | |
28 | Loan | The Mill on Main | 1 | Multifamily | Garden | Fee | NAP | 401 East South Main Street | Waxhaw | Union | NC | 28173 | 1898, 1940 | 2017 | 66 | Units | 89.4% | 5/13/2019 | $15,800,000 | 5/16/2019 | |
29 | Loan | Desert Marketplace | 1 | Retail | Anchored | Fee | NAP | 8435-8595 West Warm Springs Road | Las Vegas | Clark | NV | 89113 | 2009 | NAP | 194,319 | Square Feet | 99.0% | 6/30/2019 | $49,800,000 | 7/20/2018 | |
30 | Loan | Blackmore Marketplace | 1 | Retail | Anchored | Fee | NAP | 5030-5040, 5063, 5091 East 2nd Street and 401-555 Newport Road | Casper | Natrona | WY | 82609 | 2013 | NAP | 163,926 | Square Feet | 94.2% | 7/11/2019 | $34,600,000 | 8/1/2019 | |
31 | (25) | Loan | Windsor Crossing | 1 | Multifamily | Garden | Fee | NAP | 6660 North Towne Road | Windsor | Dane | WI | 53532 | 2017 | NAP | 88 | Units | 98.9% | 7/31/2019 | $14,400,000 | 6/7/2019 |
32 | Loan | Home 2 Suites El Reno | 1 | Hotel | Extended Stay | Fee | NAP | 1528 Southwest 27th Street | El Reno | Canadian | OK | 73036 | 2017 | NAP | 85 | Rooms | 88.7% | 6/20/2019 | $13,200,000 | 4/23/2019 | |
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | 1 | Hotel | Limited Service | Fee | NAP | 125 Cracker Barrel Drive | Crestview | Okaloosa | FL | 32536 | 2009 | 2019 | 78 | Rooms | 82.0% | 8/5/2019 | $12,300,000 | 6/27/2019 | |
34 | Loan | Laburnum Square | 1 | Retail | Anchored | Fee | NAP | 4816 South Laburnum Avenue | Richmond | Henrico | VA | 23231 | 1978 | NAP | 109,405 | Square Feet | 97.5% | 5/6/2019 | $11,700,000 | 5/7/2019 | |
35 | Loan | Holiday Inn Express Lakeway Austin NW | 1 | Hotel | Limited Service | Fee | NAP | 15707 Oak Grove Boulevard | Lakeway | Travis | TX | 78734 | 2013 | NAP | 78 | Rooms | 65.5% | 6/30/2019 | $8,000,000 | 7/15/2019 | |
36 | (26) | Loan | LA Fitness Douglasville | 1 | Retail | Single Tenant | Fee | NAP | 3020 Chapel Hill Road | Douglasville | Douglas | GA | 30135 | 2009 | NAP | 45,000 | Square Feet | 100.0% | 8/5/2019 | $10,600,000 | 7/30/2019 |
37 | (27) | Loan | LA Fitness Coppell | 1 | Retail | Single Tenant | Fee | NAP | 250 W. State Highway 121 | Coppell | Dallas | TX | 75019 | 2018 | NAP | 41,000 | Square Feet | 100.0% | 7/18/2019 | $10,750,000 | 7/8/2019 |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | ||||||||||||||||||||||||||||||||||||||
AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||||||||||||||
MORTGAGE LOAN CHARACTERISTICS | ||||||||||||||||||||||||||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | Interest Rate % | Admin Fee Rate %(9) |
Net Mortgage Rate % | Interest Accrual Basis |
Seasoning (mos.) |
ARD (Yes/No) |
Original Term to Maturity (mos.) |
Remaining Term to Maturity (mos.) |
Original Interest-Only Period (mos.) |
Remaining Interest-Only Period (mos.) |
Original Amortization Term (mos.) |
Remaining Amortization Term (mos.) |
Note Date | First Payment Date |
First P&I Payment Date (Partial IO Loans) |
Maturity Date |
ARD Loan Stated Maturity Date |
Monthly Debt Service (P&I) |
Monthly Debt Service (IO) |
Annual Debt Service (P&I) |
Annual Debt Service (IO) |
Lockbox Type(10) | Cash Management Status | Crossed With Other Loans |
Related-Borrower Loans | UW NOI DSCR (P&I)(11) |
UW NOI DSCR (IO) |
UW NCF DSCR (P&I)(11) |
UW NCF DSCR (IO) |
Cut-Off Date LTV Ratio(8) |
Maturity Date LTV Ratio(8) | Grace Period to Late Charge (Days) |
Grace Period to Default (Days) |
Due Date | Prepayment Provisions (No. of Payments)(12)(13) |
1 | Loan | Selig Office Portfolio | 4.3780% | 0.04412% | 4.33388% | Actual/360 | 3 | No | 120 | 117 | 120 | 117 | 0 | 0 | 6/5/2019 | 7/5/2019 | NAP | 6/5/2029 | 6/5/2029 | NAP | $277,425.35 | NAP | $3,329,104 | Hard | In-Place | No | No | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | 0 | 0 | 5 | L(27), Def(89), O(4) | |
1.01 | Property | 4th & Battery | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | ||||||||||||||||||||||||||||||
1.02 | Property | 333 Elliott | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | ||||||||||||||||||||||||||||||
1.03 | Property | 3rd & Battery | NAP | 2.03x | NAP | 1.93x | 59.0% | 59.0% | ||||||||||||||||||||||||||||||
2 | Loan | Farmers Insurance | 3.5500% | 0.01412% | 3.53588% | Actual/360 | 0 | No | 120 | 120 | 60 | 60 | 360 | 360 | 8/27/2019 | 10/9/2019 | 10/9/2024 | 9/9/2029 | 9/9/2029 | $271,104.25 | $179,965.28 | $3,253,251 | $2,159,583 | Hard | In-Place | No | No | 1.85x | 2.79x | 1.82x | 2.75x | 63.8% | 57.4% | 0 | 0 | 9 | L(24), Def(90), O(6) | |
3 | Loan | Renaissance Plano | 4.4500% | 0.04412% | 4.40588% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 360 | 358 | 7/2/2019 | 8/5/2019 | NAP | 7/5/2029 | 7/5/2029 | $226,673.44 | NAP | $2,720,081 | NAP | Soft | In-Place | No | No | 2.01x | NAP | 1.77x | NAP | 64.4% | 52.1% | 5 (2 times during loan term, but no more than 1 time in any 366 day period) | 0 | 5 | L(35), Def(82), O(3) | |
4 | Loan | Arbor Multifamily Portfolio | 4.8200% | 0.04412% | 4.77588% | Actual/360 | 2 | No | 122 | 120 | 24 | 22 | 360 | 360 | 6/27/2019 | 8/5/2019 | 8/5/2021 | 9/5/2029 | 9/5/2029 | $220,867.47 | $171,043.06 | $2,650,410 | $2,052,517 | Soft | Springing | No | No | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | 5 (2 times during loan term, but no more than 1 time in any 366 day period) | 0 | 5 | L(26), Def(91), O(5) | |
4.01 | Property | Marsh Landing | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.02 | Property | Laurel Glen | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.03 | Property | Kings Colony | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.04 | Property | Northridge | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.05 | Property | Morgan Trace | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.06 | Property | Glenwood Village | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.07 | Property | Westway | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.08 | Property | Willow Run | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.09 | Property | Greenbriar Glen | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.10 | Property | Forest Village | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
4.11 | Property | Whisperwood | 1.57x | 2.02x | 1.52x | 1.96x | 71.5% | 61.3% | ||||||||||||||||||||||||||||||
5 | (23) | Loan | APX Morristown | 3.6900% | 0.04412% | 3.64588% | Actual/360 | 0 | No | 120 | 120 | 60 | 60 | 360 | 360 | 9/5/2019 | 10/5/2019 | 10/5/2024 | 9/5/2029 | 9/5/2029 | $198,958.43 | $125,050.00 | $2,387,501 | $1,500,600 | Hard | In-Place | No | No | 1.84x | 2.92x | 1.62x | 2.58x | 67.3% | 58.9% | 0 | 0 | 5 | L(36), Def(79), O(5) |
6 | Loan | Wilmington Self Storage Portfolio | 4.8050% | 0.01412% | 4.79088% | Actual/360 | 2 | No | 84 | 82 | 24 | 22 | 360 | 360 | 6/7/2019 | 8/1/2019 | 8/1/2021 | 7/1/2026 | 7/1/2026 | $173,239.32 | $133,972.74 | $2,078,872 | $1,607,673 | Springing | Springing | No | No | 1.35x | 1.75x | 1.32x | 1.71x | 69.6% | 64.0% | 5 | 5 | 1 | L(26), Def(54), O(4) | |
6.01 | Property | 5044 Carolina Beach | 1.35x | 1.75x | 1.32x | 1.71x | 69.6% | 64.0% | ||||||||||||||||||||||||||||||
6.02 | Property | 23rd Street | 1.35x | 1.75x | 1.32x | 1.71x | 69.6% | 64.0% | ||||||||||||||||||||||||||||||
6.03 | Property | Mt. Misery | 1.35x | 1.75x | 1.32x | 1.71x | 69.6% | 64.0% | ||||||||||||||||||||||||||||||
6.04 | Property | 5800 Carolina Beach | 1.35x | 1.75x | 1.32x | 1.71x | 69.6% | 64.0% | ||||||||||||||||||||||||||||||
7 | Loan | Grand Canal Shoppes | 3.7408% | 0.01537% | 3.72543% | Actual/360 | 2 | No | 120 | 118 | 120 | 118 | 0 | 0 | 6/3/2019 | 8/1/2019 | NAP | 7/1/2029 | 7/1/2029 | NAP | $94,818.89 | NAP | $1,137,827 | Hard | Springing | No | No | NAP | 2.53x | NAP | 2.46x | 46.3% | 46.3% | 0 | 0 (1 grace period of 2 business days every 12 month period) | 1 | L(26), Def(89), O(5) | |
8 | (24) | Loan | BMO Harris Office Portfolio | 3.8900% | 0.01412% | 3.87588% | Actual/360 | 1 | Yes | 120 | 119 | 60 | 59 | 360 | 360 | 7/19/2019 | 9/1/2019 | 9/1/2024 | 8/1/2031 | 8/1/2029 | $131,671.19 | $91,862.98 | $1,580,054 | $1,102,356 | Hard | Springing | No | No | 1.75x | 2.51x | 1.75x | 2.51x | 64.0% | 57.9% | 0 | 0 | 1 | L(25), Def(91), O(4) |
8.01 | Property | 395 and 401 North Executive Drive | 1.75x | 2.51x | 1.75x | 2.51x | 64.0% | 57.9% | ||||||||||||||||||||||||||||||
8.02 | Property | 180 North Executive Drive | 1.75x | 2.51x | 1.75x | 2.51x | 64.0% | 57.9% | ||||||||||||||||||||||||||||||
9 | Loan | Westpark Club | 3.9700% | 0.04412% | 3.92588% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 9/3/2019 | 10/5/2019 | NAP | 9/5/2029 | 9/5/2029 | NAP | $90,565.63 | NAP | $1,086,788 | NAP | NAP | No | No | NAP | 1.96x | NAP | 1.90x | 65.2% | 65.2% | 0 | 0 | 5 | L(35), Def(82), O(3) | |
10 | Loan | Marriott Fort Collins | 3.9000% | 0.01412% | 3.88588% | Actual/360 | 0 | No | 120 | 120 | 60 | 60 | 360 | 360 | 8/30/2019 | 10/01/2019 | 10/1/2024 | 9/1/2029 | 9/1/2029 | $122,633.73 | $85,673.61 | $1,471,605 | $1,028,083 | Springing | Springing | No | No | 2.14x | 3.07x | 1.88x | 2.69x | 71.2% | 64.5% | 0 | 0 | 1 | L(24), Def(92), O(4) | |
11 | Loan | The Forum at Grandview | 4.6000% | 0.04412% | 4.55588% | Actual/360 | 1 | No | 121 | 120 | 36 | 35 | 360 | 360 | 7/15/2019 | 9/5/2019 | 9/5/2022 | 9/5/2029 | 9/5/2029 | $124,264.99 | $94,210.56 | $1,491,180 | $1,130,527 | Hard | Springing | No | No | 1.65x | 2.17x | 1.52x | 2.00x | 67.0% | 58.6% | 0 | 0 | 5 | L(35), Def(81), O(5) | |
12 | Loan | 1200 Lakes Drive | 4.2800% | 0.01412% | 4.26588% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 9/3/2019 | 10/6/2019 | NAP | 9/6/2029 | 9/6/2029 | $117,253.22 | NAP | $1,407,039 | NAP | Hard | Springing | No | No | 1.57x | NAP | 1.48x | NAP | 68.6% | 55.1% | 0 | 0 | 6 | L(24), Def(92), O(4) | |
13 | Loan | South 400 | 4.1415% | 0.01412% | 4.12734% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 8/9/2019 | 10/6/2019 | NAP | 9/6/2029 | 9/6/2029 | NAP | $78,905.90 | NAP | $946,871 | Soft | In-Place | No | No | NAP | 1.96x | NAP | 1.90x | 60.9% | 60.9% | 0 | 0 | 6 | L(24), Def(92), O(4) | |
14 | Loan | Heights at McArthur | 4.1000% | 0.01412% | 4.08588% | Actual/360 | 0 | No | 120 | 120 | 36 | 36 | 360 | 360 | 8/16/2019 | 10/6/2019 | 10/6/2022 | 9/6/2029 | 9/6/2029 | $108,719.63 | $77,942.71 | $1,304,636 | $935,313 | Springing | Springing | No | No | 1.44x | 2.01x | 1.37x | 1.92x | 72.9% | 63.2% | 0 | 0 | 6 | L(24), Def(92), O(4) | |
15 | Loan | The Glass House | 3.7866% | 0.01412% | 3.77247% | Actual/360 | 0 | No | 120 | 120 | 120 | 120 | 0 | 0 | 8/13/2019 | 10/01/2019 | NAP | 9/1/2029 | 9/1/2029 | NAP | $65,586.02 | NAP | $787,032 | Soft | Springing | No | No | NAP | 1.95x | NAP | 1.94x | 65.7% | 65.7% | 5 | 5 | 1 | L(24), Def(93), O(3) | |
16 | Loan | Marriott Lake George | 4.1400% | 0.04412% | 4.09588% | Actual/360 | 2 | No | 122 | 120 | 122 | 120 | 0 | 0 | 6/20/2019 | 8/5/2019 | NAP | 9/5/2029 | 9/5/2029 | NAP | $71,707.29 | NAP | $860,487 | Springing | Springing | No | No | NAP | 2.95x | NAP | 2.68x | 60.3% | 60.3% | 0 | 0 | 5 | L(38), Def(80), O(4) | |
17 | Loan | Bison Portfolio | 4.3000% | 0.01412% | 4.28588% | Actual/360 | 0 | No | 60 | 60 | 0 | 0 | 360 | 360 | 8/14/2019 | 10/01/2019 | NAP | 9/1/2024 | 9/1/2024 | $100,953.78 | NAP | $1,211,445 | NAP | Hard | Springing | No | No | 1.94x | NAP | 1.82x | NAP | 70.7% | 64.5% | 0 | 0 | 1 | L(24), Def(31), O(5) | |
17.01 | Property | Spring Creek | 1.94x | NAP | 1.82x | NAP | 70.7% | 64.5% | ||||||||||||||||||||||||||||||
17.02 | Property | Steele Crossing | 1.94x | NAP | 1.82x | NAP | 70.7% | 64.5% | ||||||||||||||||||||||||||||||
18 | Loan | Great Wolf Lodge Southern California | 5.2533% | 0.01537% | 5.23793% | Actual/360 | 6 | No | 120 | 114 | 120 | 114 | 0 | 0 | 3/11/2019 | 4/11/2019 | NAP | 3/11/2029 | 3/11/2029 | NAP | $88,771.04 | NAP | $1,065,252 | Soft | Springing | No | No | NAP | 2.74x | NAP | 2.41x | 49.5% | 49.5% | 0 | 0 | 11 | L(30), Def(83), O(7) | |
19 | Loan | Hilton Garden Inn Waverly | 4.5800% | 0.04412% | 4.53588% | Actual/360 | 2 | No | 122 | 120 | 0 | 0 | 360 | 358 | 6/18/2019 | 8/5/2019 | NAP | 9/5/2029 | 9/5/2029 | $102,289.96 | NAP | $1,227,480 | NAP | Springing | Springing | No | No | 2.13x | NAP | 1.91x | NAP | 62.4% | 50.4% | 0 | 0 | 5 | L(26), Def(93), O(3) | |
20 | Loan | ExchangeRight Net Leased Portfolio 28 | 4.0320% | 0.01412% | 4.01788% | Actual/360 | 1 | No | 120 | 119 | 120 | 119 | 0 | 0 | 7/10/2019 | 9/1/2019 | NAP | 8/1/2029 | 8/1/2029 | NAP | $67,939.15 | NAP | $815,270 | Hard | Springing | No | No | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | 0 | 0 | 1 | L(25), Def(91), O(4) | |
20.01 | Property | Pick n Save - Oconomowoc, WI | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.02 | Property | Pick n Save - Wales, WI | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.03 | Property | Hobby Lobby - Hendersonville, TN | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.04 | Property | Hobby Lobby - Appleton, WI | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.05 | Property | Walgreens - Newport News, VA | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.06 | Property | Walgreens - Aurora, IL | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.07 | Property | Walgreens - Hammond, IN | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.08 | Property | Walgreens - North Aurora, IL | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.09 | Property | Walgreens - Fort Worth, TX | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.10 | Property | Tractor Supply - Lake Charles, LA | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.11 | Property | Fresenius Medical Care - West Columbia, SC | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.12 | Property | Walgreens - Flint, MI | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.13 | Property | Tractor Supply - Springtown, TX | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.14 | Property | Walgreens - Orland Park, IL | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.15 | Property | Walgreens - Peoria, IL | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.16 | Property | Dollar General - Houston, TX | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.17 | Property | Dollar General - Soddy Daisy, TN | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.19 | Property | Dollar General - Mishawaka, IN | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.20 | Property | Dollar General - Lambertville, MI | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.21 | Property | Dollar Tree - Beech Island, SC | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.22 | Property | Dollar General - Youngsville, LA | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
20.23 | Property | Dollar General - Battle Creek, MI | NAP | 2.31x | NAP | 2.25x | 61.9% | 61.9% | ||||||||||||||||||||||||||||||
21 | Loan | 14th Street Portfolio | 4.4500% | 0.04412% | 4.40588% | Actual/360 | 3 | No | 123 | 120 | 123 | 120 | 0 | 0 | 5/24/2019 | 7/5/2019 | NAP | 9/5/2029 | 9/5/2029 | NAP | $67,301.10 | NAP | $807,613 | Hard | Springing | No | No | NAP | 1.56x | NAP | 1.54x | 62.8% | 62.8% | 0 | 0 | 5 | L(39), Def(80), O(4) | |
21.01 | Property | 1401 14th Street, Northwest | NAP | 1.56x | NAP | 1.54x | 62.8% | 62.8% | ||||||||||||||||||||||||||||||
21.02 | Property | 2424 18th Street, Northwest | NAP | 1.56x | NAP | 1.54x | 62.8% | 62.8% | ||||||||||||||||||||||||||||||
21.03 | Property | 1522 14 Street, Northwest | NAP | 1.56x | NAP | 1.54x | 62.8% | 62.8% | ||||||||||||||||||||||||||||||
22 | Loan | Jamesbridge Apartments | 4.6500% | 0.04412% | 4.60588% | Actual/360 | 1 | No | 121 | 120 | 36 | 35 | 360 | 360 | 7/10/2019 | 9/5/2019 | 9/5/2022 | 9/5/2029 | 9/5/2029 | $77,345.52 | $58,932.29 | $928,146 | $707,187 | Soft | Springing | No | No | 1.50x | 1.96x | 1.39x | 1.82x | 73.5% | 64.5% | 0 | 0 | 5 | L(35), Def(83), O(3) | |
23 | Loan | 3301 Windy Ridge Parkway | 4.1800% | 0.01412% | 4.16588% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | 360 | 7/19/2019 | 9/1/2019 | 9/1/2021 | 8/1/2029 | 8/1/2029 | $64,884.13 | $46,971.78 | $778,610 | $563,661 | Springing | Springing | No | No | 1.83x | 2.53x | 1.66x | 2.30x | 68.9% | 58.3% | 5 | 5 | 1 | L(25), Def(91), O(4) | |
24 | Loan | The Atrium | 4.6800% | 0.04412% | 4.63588% | Actual/360 | 4 | No | 120 | 116 | 120 | 116 | 0 | 0 | 4/18/2019 | 6/5/2019 | NAP | 5/5/2029 | 5/5/2029 | NAP | $51,799.58 | NAP | $621,595 | Springing | Springing | No | No | NAP | 1.90x | NAP | 1.86x | 62.4% | 62.4% | 0 | 0 | 5 | L(28), Def(88), O(4) | |
25 | Loan | Walgreens and CVS Portfolio | 4.9000% | 0.01412% | 4.88588% | Actual/360 | 2 | No | 120 | 118 | 24 | 22 | 360 | 360 | 7/3/2019 | 8/6/2019 | 8/6/2021 | 7/6/2029 | 7/6/2029 | $68,463.75 | $53,406.60 | $821,565 | $640,879 | Springing | Springing | No | No | 1.38x | 1.76x | 1.32x | 1.69x | 64.7% | 55.9% | 0 | 0 | 6 | L(12), YM1(104), O(4) | |
25.01 | Property | CVS - Parma | 1.38x | 1.76x | 1.32x | 1.69x | 64.7% | 55.9% | ||||||||||||||||||||||||||||||
25.02 | Property | Walgreens - Jacksonville | 1.38x | 1.76x | 1.32x | 1.69x | 64.7% | 55.9% | ||||||||||||||||||||||||||||||
25.03 | Property | Walgreens - Suwanee | 1.38x | 1.76x | 1.32x | 1.69x | 64.7% | 55.9% | ||||||||||||||||||||||||||||||
25.04 | Property | Walgreens - Galesburg | 1.38x | 1.76x | 1.32x | 1.69x | 64.7% | 55.9% | ||||||||||||||||||||||||||||||
26 | Loan | Mariner Square | 5.4510% | 0.01412% | 5.43688% | Actual/360 | 5 | No | 60 | 55 | 0 | 0 | 360 | 355 | 4/5/2019 | 5/6/2019 | NAP | 4/6/2024 | 4/6/2024 | $72,566.33 | NAP | $870,796 | NAP | Hard | In-Place | No | No | 1.77x | NAP | 1.51x | NAP | 69.9% | 65.2% | 0 | 0 | 6 | L(35), Def(13), O(12) | |
27 | Loan | Carolina Breeze Apartments | 5.2500% | 0.04412% | 5.20588% | Actual/360 | 3 | No | 120 | 117 | 24 | 21 | 360 | 360 | 5/13/2019 | 7/5/2019 | 7/5/2021 | 6/5/2029 | 6/5/2029 | $66,264.44 | $53,229.17 | $795,173 | $638,750 | Springing | Springing | No | No | 1.26x | 1.56x | 1.26x | 1.56x | 73.2% | 63.7% | 0 | 0 | 5 | L(35), Def(82), O(3) | |
28 | Loan | The Mill on Main | 4.9200% | 0.04412% | 4.87588% | Actual/360 | 2 | No | 122 | 120 | 24 | 22 | 360 | 360 | 7/5/2019 | 8/5/2019 | 8/5/2021 | 9/5/2029 | 9/5/2029 | $62,237.33 | $48,636.25 | $746,848 | $583,635 | Springing | Springing | No | No | 1.27x | 1.62x | 1.26x | 1.61x | 74.1% | 63.7% | 0 | 0 | 5 | L(38), Def(81), O(3) | |
29 | Loan | Desert Marketplace | 5.4150% | 0.04412% | 5.37088% | Actual/360 | 10 | No | 120 | 110 | 48 | 38 | 360 | 360 | 10/17/2018 | 12/5/2018 | 12/5/2022 | 11/5/2028 | 11/5/2028 | $56,246.75 | $45,751.74 | $674,961 | $549,021 | Hard | In-Place | No | No | 1.28x | 1.57x | 1.25x | 1.53x | 66.3% | 60.4% | 0 | 0 | 5 | L(34), Def(82), O(4) | |
30 | Loan | Blackmore Marketplace | 4.0480% | 0.01412% | 4.03388% | Actual/360 | 1 | No | 120 | 119 | 24 | 23 | 360 | 360 | 8/9/2019 | 9/6/2019 | 9/6/2021 | 8/6/2029 | 8/6/2029 | $48,018.67 | $34,201.85 | $576,224 | $410,422 | Springing | Springing | No | No | 1.67x | 2.35x | 1.60x | 2.25x | 66.8% | 56.3% | 0 | 0 | 6 | L(12), YM1(104), O(4) | |
31 | (25) | Loan | Windsor Crossing | 4.1776% | 0.04412% | 4.13348% | Actual/360 | 1 | No | 120 | 119 | 36 | 35 | 360 | 360 | 7/30/2019 | 9/5/2019 | 9/5/2022 | 8/5/2029 | 8/5/2029 | $44,416.33 | $32,624.92 | $532,996 | $391,499 | Soft | In-Place | No | No | 1.53x | 2.09x | 1.51x | 2.05x | 64.2% | 55.9% | 0 | 0 | 5 | L(37), Def(80), O(3) |
32 | Loan | Home 2 Suites El Reno | 4.9000% | 0.01412% | 4.88588% | Actual/360 | 2 | No | 120 | 118 | 0 | 0 | 240 | 238 | 6/18/2019 | 8/1/2019 | NAP | 7/1/2029 | 7/1/2029 | $54,973.30 | NAP | $659,680 | NAP | Springing | Springing | No | No | 2.18x | NAP | 2.02x | NAP | 63.3% | 40.0% | 5 | 5 | 1 | L(26), Def(90), O(4) | |
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | 4.5000% | 0.01412% | 4.48588% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 300 | 300 | 8/29/2019 | 10/01/2019 | NAP | 9/1/2029 | 9/1/2029 | $42,938.06 | NAP | $515,257 | NAP | Springing | Springing | No | No | 2.63x | NAP | 2.40x | NAP | 62.8% | 46.1% | 0 | 0 | 1 | L(24), Def(92), O(4) | |
34 | Loan | Laburnum Square | 4.2800% | 0.04412% | 4.23588% | Actual/360 | 1 | No | 121 | 120 | 60 | 59 | 360 | 360 | 8/1/2019 | 9/5/2019 | 9/5/2024 | 9/5/2029 | 9/5/2029 | $37,841.93 | $27,718.20 | $454,103 | $332,618 | Hard | Springing | No | No | 1.83x | 2.49x | 1.61x | 2.20x | 65.5% | 59.6% | 0 | 0 | 5 | L(37), Def(81), O(3) | |
35 | Loan | Holiday Inn Express Lakeway Austin NW | 4.2500% | 0.04412% | 4.20588% | Actual/360 | 0 | No | 120 | 120 | 0 | 0 | 360 | 360 | 8/28/2019 | 10/5/2019 | NAP | 9/5/2029 | 9/5/2029 | $31,041.41 | NAP | $372,497 | NAP | Hard | Springing | No | No | 2.14x | NAP | 1.89x | NAP | 78.9% | 63.2% | 0 | 0 | 5 | L(36), Def(80), O(4) | |
36 | (26) | Loan | LA Fitness Douglasville | 4.2200% | 0.06412% | 4.15588% | Actual/360 | 0 | Yes | 120 | 120 | 48 | 48 | 360 | 360 | 8/15/2019 | 10/1/2019 | 10/1/2023 | 8/1/2034 | 9/1/2029 | $30,146.39 | $21,927.88 | $361,757 | $263,135 | Springing | Springing | No | Group A | 1.69x | 2.32x | 1.60x | 2.19x | 58.0% | 51.7% | 0 | 0 | 1 | L(60), YM1(56), O(4) |
37 | (27) | Loan | LA Fitness Coppell | 4.3900% | 0.03412% | 4.35588% | Actual/360 | 1 | Yes | 120 | 119 | 48 | 47 | 360 | 360 | 7/16/2019 | 9/1/2019 | 9/1/2023 | 7/1/2034 | 8/1/2029 | $30,510.39 | $22,625.78 | $366,125 | $271,509 | Springing | Springing | No | Group A | 1.68x | 2.27x | 1.60x | 2.15x | 56.7% | 50.7% | 0 | 0 | 1 | L(60), YM1(56), O(4) |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | ||||||||||||||||||||||||||
AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||||
MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(14) | ||||||||||||||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | Third Most Recent Revenues |
Third Most Recent Expenses |
Third Most Recent NOI |
Third Most Recent NOI Date |
Third Most Recent NOI Debt Yield |
Second Most Recent Revenues |
Second Most Recent Expenses |
Second Most Recent NOI |
Second Most Recent NOI Date |
Second Most Recent NOI Debt Yield |
Most Recent Revenues |
Most Recent Expenses |
Most Recent NOI |
Most Recent NOI Date |
Most Recent NOI Debt Yield |
UW Occupancy |
UW Revenues | UW Expenses |
UW NOI | UW NOI Debt Yield |
UW Capital Items |
UW NCF | UW NCF Debt Yield |
1 | Loan | Selig Office Portfolio | $13,291,924 | $2,771,122 | $10,520,802 | 12/31/2017 | 7.8% | $12,114,998 | $3,138,457 | $8,976,541 | 12/31/2018 | 6.6% | $10,399,437 | $3,141,851 | $7,257,586 | T12 6/30/2019 | 5.4% | 95.0% | $15,579,453 | $3,436,644 | $12,142,808 | 9.0% | $605,410 | $11,537,398 | 8.5% | |
1.01 | Property | 4th & Battery | $5,791,748 | $1,695,337 | $4,096,411 | 12/31/2017 | 7.8% | $5,781,742 | $1,862,852 | $3,918,890 | 12/31/2018 | 6.6% | $5,668,665 | $1,805,595 | $3,863,070 | T12 6/30/2019 | 5.4% | 95.1% | $6,764,749 | $1,847,974 | $4,916,774 | 9.0% | $303,860 | $4,612,914 | 8.5% | |
1.02 | Property | 333 Elliott | $5,444,898 | $480,562 | $4,964,336 | 12/31/2017 | 7.8% | $3,735,635 | $783,575 | $2,952,060 | 12/31/2018 | 6.6% | $2,341,098 | $934,294 | $1,406,804 | T12 6/30/2019 | 5.4% | 95.0% | $6,150,639 | $936,711 | $5,213,929 | 9.0% | $200,744 | $5,013,185 | 8.5% | |
1.03 | Property | 3rd & Battery | $2,055,278 | $595,223 | $1,460,055 | 12/31/2017 | 7.8% | $2,597,621 | $492,030 | $2,105,591 | 12/31/2018 | 6.6% | $2,389,674 | $401,962 | $1,987,712 | T12 6/30/2019 | 5.4% | 95.0% | $2,664,065 | $651,960 | $2,012,105 | 9.0% | $100,806 | $1,911,299 | 8.5% | |
2 | Loan | Farmers Insurance | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 98.0% | $14,054,655 | $4,374,313 | $9,680,342 | 10.0% | $142,787 | $9,537,555 | 9.9% | |
3 | Loan | Renaissance Plano | $9,658,115 | $8,069,025 | $1,589,090 | 12/31/2017 | 1.8% | $30,738,549 | $21,032,033 | $9,706,516 | 12/31/2018 | 10.8% | $32,385,615 | $21,571,456 | $10,814,158 | T12 7/31/2019 | 12.0% | 73.0% | $32,385,615 | $21,459,721 | $10,925,894 | 12.2% | $1,295,425 | $9,630,469 | 10.7% | |
4 | Loan | Arbor Multifamily Portfolio | $6,477,361 | $2,975,342 | $3,502,019 | 12/31/2017 | 8.3% | $6,653,479 | $3,186,845 | $3,466,634 | 12/31/2018 | 8.3% | $6,889,333 | $3,039,662 | $3,849,671 | T12 7/31/2019 | 9.2% | 88.2% | $7,214,148 | $3,058,705 | $4,155,443 | 9.9% | $129,292 | $4,026,151 | 9.6% | |
4.01 | Property | Marsh Landing | $825,061 | $326,944 | $498,117 | 12/31/2017 | 8.3% | $874,596 | $424,482 | $450,114 | 12/31/2018 | 8.3% | $909,353 | $374,047 | $535,306 | T12 7/31/2019 | 9.2% | 93.0% | $967,452 | $375,787 | $591,665 | 9.9% | $15,749 | $575,916 | 9.6% | |
4.02 | Property | Laurel Glen | $665,575 | $267,266 | $398,309 | 12/31/2017 | 8.3% | $681,693 | $270,880 | $410,813 | 12/31/2018 | 8.3% | $709,722 | $291,261 | $418,461 | T12 7/31/2019 | 9.2% | 85.7% | $768,060 | $291,295 | $476,765 | 9.9% | $12,149 | $464,616 | 9.6% | |
4.03 | Property | Kings Colony | $718,441 | $293,726 | $424,715 | 12/31/2017 | 8.3% | $733,547 | $293,415 | $440,132 | 12/31/2018 | 8.3% | $751,258 | $275,613 | $475,645 | T12 7/31/2019 | 9.2% | 94.3% | $813,408 | $277,483 | $535,925 | 9.9% | $13,349 | $522,576 | 9.6% | |
4.04 | Property | Northridge | $601,128 | $267,267 | $333,861 | 12/31/2017 | 8.3% | $585,124 | $260,762 | $324,362 | 12/31/2018 | 8.3% | $627,452 | $254,658 | $372,794 | T12 7/31/2019 | 9.2% | 88.8% | $649,644 | $259,150 | $390,494 | 9.9% | $11,549 | $378,945 | 9.6% | |
4.05 | Property | Morgan Trace | $602,480 | $261,561 | $340,919 | 12/31/2017 | 8.3% | $600,320 | $280,818 | $319,502 | 12/31/2018 | 8.3% | $616,312 | $275,802 | $340,510 | T12 7/31/2019 | 9.2% | 80.7% | $686,556 | $277,916 | $408,640 | 9.9% | $11,999 | $396,641 | 9.6% | |
4.06 | Property | Glenwood Village | $523,428 | $243,779 | $279,649 | 12/31/2017 | 8.3% | $553,082 | $244,699 | $308,383 | 12/31/2018 | 8.3% | $562,071 | $247,375 | $314,696 | T12 7/31/2019 | 9.2% | 88.5% | $562,464 | $250,237 | $312,227 | 9.9% | $11,999 | $300,228 | 9.6% | |
4.07 | Property | Westway | $542,721 | $211,545 | $331,176 | 12/31/2017 | 8.3% | $577,112 | $238,248 | $338,864 | 12/31/2018 | 8.3% | $581,771 | $247,309 | $334,462 | T12 7/31/2019 | 9.2% | 84.8% | $570,516 | $247,951 | $322,565 | 9.9% | $10,499 | $312,065 | 9.6% | |
4.08 | Property | Willow Run | $514,614 | $274,528 | $240,086 | 12/31/2017 | 8.3% | $518,761 | $289,888 | $228,873 | 12/31/2018 | 8.3% | $542,043 | $280,661 | $261,382 | T12 7/31/2019 | 9.2% | 89.6% | $571,160 | $281,540 | $289,620 | 9.9% | $10,949 | $278,670 | 9.6% | |
4.09 | Property | Greenbriar Glen | $578,102 | $362,476 | $215,627 | 12/31/2017 | 8.3% | $593,285 | $382,383 | $210,902 | 12/31/2018 | 8.3% | $641,020 | $324,933 | $316,087 | T12 7/31/2019 | 9.2% | 78.9% | $608,944 | $324,918 | $284,026 | 9.9% | $11,099 | $272,927 | 9.6% | |
4.10 | Property | Forest Village | $560,062 | $300,345 | $259,717 | 12/31/2017 | 8.3% | $575,717 | $311,452 | $264,265 | 12/31/2018 | 8.3% | $579,778 | $285,657 | $294,121 | T12 7/31/2019 | 9.2% | 92.7% | $624,108 | $289,726 | $334,382 | 9.9% | $12,449 | $321,933 | 9.6% | |
4.11 | Property | Whisperwood | $345,749 | $165,906 | $179,843 | 12/31/2017 | 8.3% | $360,242 | $189,818 | $170,424 | 12/31/2018 | 8.3% | $368,553 | $182,346 | $186,207 | T12 7/31/2019 | 9.2% | 92.6% | $391,836 | $182,702 | $209,134 | 9.9% | $7,500 | $201,635 | 9.6% | |
5 | (23) | Loan | APX Morristown | $8,396,321 | $4,534,948 | $3,861,373 | 12/31/2017 | 5.9% | $8,732,256 | $4,952,347 | $3,779,910 | 12/31/2018 | 5.7% | $8,552,450 | $5,316,262 | $3,236,189 | T12 6/30/2019 | 4.9% | 92.1% | $12,280,153 | $5,050,147 | $7,230,006 | 11.0% | $851,799 | $6,378,207 | 9.7% |
6 | Loan | Wilmington Self Storage Portfolio | $3,529,895 | $1,259,405 | $2,270,490 | 12/31/2017 | 6.9% | $3,971,697 | $1,394,295 | $2,577,402 | 12/31/2018 | 7.8% | $4,109,728 | $1,462,497 | $2,647,231 | T12 4/30/2019 | 8.0% | 94.9% | $4,252,321 | $1,440,513 | $2,811,808 | 8.5% | $59,602 | $2,752,206 | 8.3% | |
6.01 | Property | 5044 Carolina Beach | $1,954,571 | $637,005 | $1,317,566 | 12/31/2017 | 6.9% | $2,262,516 | $729,416 | $1,533,100 | 12/31/2018 | 7.8% | $2,344,869 | $784,050 | $1,560,819 | T12 4/30/2019 | 8.0% | 95.9% | $2,427,235 | $773,370 | $1,653,865 | 8.5% | $34,757 | $1,619,108 | 8.3% | |
6.02 | Property | 23rd Street | $826,929 | $332,406 | $494,523 | 12/31/2017 | 6.9% | $849,161 | $361,102 | $488,059 | 12/31/2018 | 7.8% | $870,838 | $374,515 | $496,323 | T12 4/30/2019 | 8.0% | 96.5% | $906,709 | $369,131 | $537,578 | 8.5% | $11,495 | $526,082 | 8.3% | |
6.03 | Property | Mt. Misery | $472,378 | $236,192 | $236,186 | 12/31/2017 | 6.9% | $586,549 | $250,647 | $335,902 | 12/31/2018 | 7.8% | $619,232 | $250,273 | $368,959 | T12 4/30/2019 | 8.0% | 92.3% | $645,854 | $245,562 | $400,292 | 8.5% | $10,149 | $390,143 | 8.3% | |
6.04 | Property | 5800 Carolina Beach | $276,017 | $53,802 | $222,215 | 12/31/2017 | 6.9% | $273,471 | $53,130 | $220,341 | 12/31/2018 | 7.8% | $274,789 | $53,660 | $221,129 | T12 4/30/2019 | 8.0% | 88.6% | $272,523 | $52,449 | $220,074 | 8.5% | $3,201 | $216,873 | 8.3% | |
7 | Loan | Grand Canal Shoppes | $107,586,327 | $33,160,381 | $74,425,947 | 12/31/2017 | 9.8% | $103,110,653 | $31,784,180 | $71,326,473 | 12/31/2018 | 9.4% | $102,473,435 | $31,007,624 | $71,465,811 | T12 3/31/2019 | 9.4% | 94.0% | $104,029,334 | $31,007,624 | $73,021,709 | 9.6% | $2,023,806 | $70,997,903 | 9.3% | |
8 | (24) | Loan | BMO Harris Office Portfolio | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $2,817,772 | $56,355 | $2,761,416 | 9.9% | $0 | $2,761,416 | 9.9% |
8.01 | Property | 395 and 401 North Executive Drive | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $2,055,262 | $41,105 | $2,014,156 | 9.9% | $0 | $2,014,156 | 9.9% | |
8.02 | Property | 180 North Executive Drive | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 97.0% | $762,510 | $15,250 | $747,260 | 9.9% | $0 | $747,260 | 9.9% | |
9 | Loan | Westpark Club | $1,574,957 | $763,791 | $811,166 | 12/31/2017 | 3.0% | $2,315,015 | $989,173 | $1,325,842 | 12/31/2018 | 4.9% | $3,204,957 | $1,132,656 | $2,072,300 | T12 7/31/2019 | 7.7% | 92.0% | $3,315,333 | $1,187,424 | $2,127,909 | 7.9% | $61,000 | $2,066,909 | 7.7% | |
10 | Loan | Marriott Fort Collins | $10,291,963 | $6,769,953 | $3,522,010 | 12/31/2017 | 13.5% | $9,959,301 | $6,689,732 | $3,269,569 | 12/31/2018 | 12.6% | $9,874,243 | $6,753,080 | $3,121,163 | T12 4/30/2019 | 12.0% | 63.7% | $9,874,467 | $6,718,200 | $3,156,266 | 12.1% | $394,979 | $2,761,288 | 10.6% | |
11 | Loan | The Forum at Grandview | $4,686,220 | $1,777,081 | $2,909,139 | 12/31/2017 | 12.0% | $4,590,595 | $1,986,035 | $2,604,560 | 12/31/2018 | 10.7% | $4,701,233 | $2,100,409 | $2,600,823 | T12 6/30/2019 | 10.7% | 95.0% | $3,877,473 | $1,420,687 | $2,456,786 | 10.1% | $191,932 | $2,264,854 | 9.3% | |
12 | Loan | 1200 Lakes Drive | $3,029,376 | $0 | $3,029,376 | 12/31/2017 | 12.8% | $3,029,376 | $0 | $3,029,376 | 12/31/2018 | 12.8% | $3,029,376 | $0 | $3,029,376 | T12 4/30/2019 | 12.8% | 95.0% | $2,280,000 | $68,400 | $2,211,600 | 9.3% | $127,317 | $2,084,283 | 8.8% | |
13 | Loan | South 400 | N/A | N/A | N/A | N/A | NAP | $3,260,292 | $1,647,169 | $1,613,123 | 12/31/2018 | 7.2% | $3,367,493 | $1,698,323 | $1,669,170 | T12 6/30/2019 | 7.4% | 97.1% | $3,527,071 | $1,671,589 | $1,855,482 | 8.2% | $52,250 | $1,803,232 | 8.0% | |
14 | Loan | Heights at McArthur | $3,017,978 | $1,204,206 | $1,813,772 | 12/31/2017 | 8.1% | $3,166,871 | $1,293,651 | $1,873,220 | 12/31/2018 | 8.3% | $3,220,416 | $1,364,342 | $1,856,074 | T12 6/25/2019 | 8.2% | 92.7% | $3,276,137 | $1,397,623 | $1,878,514 | 8.3% | $86,400 | $1,792,114 | 8.0% | |
15 | Loan | The Glass House | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 93.9% | $2,104,659 | $567,968 | $1,536,692 | 7.5% | $10,200 | $1,526,492 | 7.4% | |
16 | Loan | Marriott Lake George | $5,693,444 | $3,678,243 | $2,015,201 | 12/31/2017 | 9.8% | $6,189,227 | $3,214,390 | $2,974,837 | 12/31/2018 | 14.5% | $6,225,666 | $3,291,727 | $2,933,939 | T12 5/31/2019 | 14.3% | 65.6% | $5,878,277 | $3,340,640 | $2,537,637 | 12.4% | $235,131 | $2,302,506 | 11.2% | |
17 | Loan | Bison Portfolio | $5,248,294 | $1,122,115 | $4,126,178 | 12/31/2017 | 10.3% | $5,404,901 | $1,064,746 | $4,340,155 | 12/31/2018 | 10.9% | $5,422,806 | $1,050,720 | $4,372,086 | T12 5/31/2019 | 10.9% | 94.7% | $5,667,127 | $1,068,769 | $4,598,358 | 11.5% | $278,534 | $4,319,823 | 10.8% | |
17.01 | Property | Spring Creek | $4,022,483 | $828,337 | $3,194,146 | 12/31/2017 | 10.3% | $4,135,848 | $778,092 | $3,357,756 | 12/31/2018 | 10.9% | $4,163,779 | $759,741 | $3,404,038 | T12 5/31/2019 | 10.9% | 94.6% | $4,438,055 | $776,104 | $3,661,950 | 11.5% | $182,706 | $3,479,245 | 10.8% | |
17.02 | Property | Steele Crossing | $1,225,811 | $293,778 | $932,033 | 12/31/2017 | 10.3% | $1,269,053 | $286,654 | $982,399 | 12/31/2018 | 10.9% | $1,259,027 | $290,979 | $968,048 | T12 5/31/2019 | 10.9% | 95.0% | $1,229,072 | $292,665 | $936,407 | 11.5% | $95,829 | $840,578 | 10.8% | |
18 | Loan | Great Wolf Lodge Southern California | $73,181,700 | $56,397,508 | $16,784,192 | 12/31/2017 | 11.2% | $83,918,394 | $62,245,360 | $21,673,034 | 12/31/2018 | 14.4% | $84,732,839 | $62,714,987 | $22,017,852 | T12 1/31/2019 | 14.7% | 80.8% | $84,732,839 | $62,846,900 | $21,885,939 | 14.6% | $2,640,560 | $19,245,379 | 12.8% | |
19 | Loan | Hilton Garden Inn Waverly | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | $6,701,571 | $3,995,255 | $2,706,316 | T12 7/31/2019 | 13.6% | 78.7% | $6,701,571 | $4,085,654 | $2,615,917 | 13.1% | $268,063 | $2,347,854 | 11.8% | |
20 | Loan | ExchangeRight Net Leased Portfolio 28 | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $6,895,860 | $849,078 | $6,046,782 | 9.5% | $167,736 | $5,879,046 | 9.2% | |
20.01 | Property | Pick n Save - Oconomowoc, WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $955,361 | $150,872 | $804,489 | 9.5% | $6,170 | $798,319 | 9.2% | |
20.02 | Property | Pick n Save - Wales, WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $727,399 | $115,616 | $611,783 | 9.5% | $6,100 | $605,683 | 9.2% | |
20.03 | Property | Hobby Lobby - Hendersonville, TN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $636,882 | $167,008 | $469,873 | 9.5% | $44,000 | $425,873 | 9.2% | |
20.04 | Property | Hobby Lobby - Appleton, WI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $509,705 | $109,239 | $400,466 | 9.5% | $59,749 | $340,717 | 9.2% | |
20.05 | Property | Walgreens - Newport News, VA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $370,500 | $11,115 | $359,385 | 9.5% | $0 | $359,385 | 9.2% | |
20.06 | Property | Walgreens - Aurora, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $356,250 | $10,688 | $345,563 | 9.5% | $0 | $345,563 | 9.2% | |
20.07 | Property | Walgreens - Hammond, IN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $356,214 | $10,686 | $345,527 | 9.5% | $0 | $345,527 | 9.2% | |
20.08 | Property | Walgreens - North Aurora, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $308,750 | $9,263 | $299,487 | 9.5% | $0 | $299,487 | 9.2% | |
20.09 | Property | Walgreens - Fort Worth, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $278,350 | $8,351 | $270,000 | 9.5% | $11,124 | $258,876 | 9.2% | |
20.10 | Property | Tractor Supply - Lake Charles, LA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $254,357 | $8,326 | $246,031 | 9.5% | $15,278 | $230,754 | 9.2% | |
20.11 | Property | Fresenius Medical Care - West Columbia, SC | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $345,492 | $84,509 | $260,983 | 9.5% | $1,322 | $259,661 | 9.2% | |
20.12 | Property | Walgreens - Flint, MI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $274,036 | $8,221 | $265,815 | 9.5% | $3,337 | $262,478 | 9.2% | |
20.13 | Property | Tractor Supply - Springtown, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $243,199 | $7,996 | $235,203 | 9.5% | $15,469 | $219,735 | 9.2% | |
20.14 | Property | Walgreens - Orland Park, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $238,404 | $11,791 | $226,613 | 9.5% | $1,512 | $225,101 | 9.2% | |
20.15 | Property | Walgreens - Peoria, IL | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $179,706 | $9,555 | $170,151 | 9.5% | $1,620 | $168,531 | 9.2% | |
20.16 | Property | Dollar General - Houston, TX | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $129,209 | $22,061 | $107,147 | 9.5% | $0 | $107,147 | 9.2% | |
20.17 | Property | Dollar General - Soddy Daisy, TN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $138,724 | $28,091 | $110,633 | 9.5% | $0 | $110,633 | 9.2% | |
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $99,875 | $2,996 | $96,879 | 9.5% | $723 | $96,157 | 9.2% | |
20.19 | Property | Dollar General - Mishawaka, IN | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $112,114 | $21,563 | $90,550 | 9.5% | $0 | $90,550 | 9.2% | |
20.20 | Property | Dollar General - Lambertville, MI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $90,159 | $3,329 | $86,830 | 9.5% | $0 | $86,830 | 9.2% | |
20.21 | Property | Dollar Tree - Beech Island, SC | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $105,171 | $18,661 | $86,510 | 9.5% | $1,333 | $85,177 | 9.2% | |
20.22 | Property | Dollar General - Youngsville, LA | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $90,869 | $8,913 | $81,956 | 9.5% | $0 | $81,956 | 9.2% | |
20.23 | Property | Dollar General - Battle Creek, MI | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $95,135 | $20,228 | $74,907 | 9.5% | $0 | $74,907 | 9.2% | |
21 | Loan | 14th Street Portfolio | $815,474 | $240,239 | $575,235 | 12/31/2016 | 3.2% | $882,631 | $202,690 | $679,941 | 12/31/2017 | 3.8% | $852,566 | $232,250 | $620,316 | 12/31/2018 | 3.5% | 93.8% | $1,660,448 | $403,567 | $1,256,880 | 7.0% | $10,653 | $1,246,227 | 7.0% | |
21.01 | Property | 1401 14th Street, Northwest | $570,766 | $156,881 | $413,885 | 12/31/2016 | 3.2% | $558,938 | $106,047 | $452,891 | 12/31/2017 | 3.8% | $536,828 | $136,989 | $399,839 | 12/31/2018 | 3.5% | 86.5% | $778,133 | $199,330 | $578,803 | 7.0% | -$292 | $579,095 | 7.0% | |
21.02 | Property | 2424 18th Street, Northwest | $244,708 | $83,358 | $161,350 | 12/31/2016 | 3.2% | $323,693 | $96,643 | $227,050 | 12/31/2017 | 3.8% | $315,738 | $95,261 | $220,477 | 12/31/2018 | 3.5% | 100.0% | $487,563 | $98,354 | $389,209 | 7.0% | $7,687 | $381,522 | 7.0% | |
21.03 | Property | 1522 14 Street, Northwest | N/A | N/A | N/A | N/A | 3.2% | N/A | N/A | N/A | N/A | 3.8% | N/A | N/A | N/A | N/A | 3.5% | 100.0% | $394,752 | $105,884 | $288,869 | 7.0% | $3,258 | $285,611 | 7.0% | |
22 | Loan | Jamesbridge Apartments | $2,532,414 | $1,461,876 | $1,070,538 | 12/31/2017 | 7.1% | $2,641,645 | $1,378,318 | $1,263,327 | 12/31/2018 | 8.4% | $2,837,773 | $1,402,275 | $1,435,498 | T12 5/31/2019 | 9.6% | 87.7% | $2,900,374 | $1,510,835 | $1,389,539 | 9.3% | $103,250 | $1,286,289 | 8.6% | |
23 | Loan | 3301 Windy Ridge Parkway | $1,973,708 | $762,866 | $1,210,841 | 12/31/2017 | 9.1% | $1,976,582 | $795,125 | $1,181,457 | 12/31/2018 | 8.9% | $2,140,917 | $724,562 | $1,416,354 | T12 5/31/2019 | 10.6% | 90.0% | $2,226,856 | $798,560 | $1,428,297 | 10.7% | $133,216 | $1,295,081 | 9.7% | |
24 | Loan | The Atrium | $1,478,740 | $419,519 | $1,059,221 | 12/31/2017 | 8.1% | $1,499,419 | $435,556 | $1,063,864 | 12/31/2018 | 8.1% | $1,572,689 | $490,094 | $1,082,595 | T12 7/30/2019 | 8.3% | 95.0% | $1,643,710 | $459,742 | $1,183,967 | 9.0% | $30,294 | $1,153,674 | 8.8% | |
25 | Loan | Walgreens and CVS Portfolio | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 96.0% | $1,170,107 | $40,409 | $1,129,698 | 8.8% | $45,461 | $1,084,237 | 8.4% | |
25.01 | Property | CVS - Parma | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 98.0% | $388,729 | $12,623 | $376,105 | 8.8% | $0 | $376,105 | 8.4% | |
25.02 | Property | Walgreens - Jacksonville | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $262,660 | $9,310 | $253,350 | 8.8% | $15,256 | $238,095 | 8.4% | |
25.03 | Property | Walgreens - Suwanee | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $272,151 | $9,590 | $262,561 | 8.8% | $15,276 | $247,285 | 8.4% | |
25.04 | Property | Walgreens - Galesburg | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $246,568 | $8,887 | $237,681 | 8.8% | $14,930 | $222,752 | 8.4% | |
26 | Loan | Mariner Square | $2,073,614 | $660,876 | $1,412,739 | 12/31/2017 | 11.1% | $2,099,965 | $667,164 | $1,432,801 | 12/31/2018 | 11.2% | $2,138,241 | $665,923 | $1,472,318 | T12 3/31/2019 | 11.5% | 81.3% | $2,135,277 | $594,664 | $1,540,613 | 12.1% | $222,022 | $1,318,592 | 10.3% | |
27 | Loan | Carolina Breeze Apartments | $1,205,969 | $553,749 | $652,220 | 12/31/2017 | 5.4% | $1,495,646 | $585,623 | $910,023 | 12/31/2018 | 7.6% | $1,531,400 | $582,069 | $949,331 | T12 2/28/2019 | 7.9% | 95.0% | $1,568,032 | $569,734 | $998,298 | 8.3% | $0 | $998,298 | 8.3% | |
28 | Loan | The Mill on Main | N/A | N/A | N/A | N/A | NAP | $1,156,916 | $314,307 | $842,608 | 12/31/2018 | 7.2% | $1,213,711 | $327,241 | $886,470 | T12 3/31/2019 | 7.6% | 92.7% | $1,296,974 | $349,978 | $946,996 | 8.1% | $7,875 | $939,121 | 8.0% | |
29 | Loan | Desert Marketplace | $4,358,291 | $706,376 | $3,651,915 | 12/31/2016 | 11.1% | $4,328,826 | $685,436 | $3,643,390 | 12/31/2017 | 11.0% | $3,349,357 | $684,139 | $2,665,218 | T12 9/30/2018 | 8.1% | 95.8% | $3,498,819 | $650,634 | $2,848,184 | 8.6% | $71,467 | $2,776,718 | 8.4% | |
30 | Loan | Blackmore Marketplace | $2,204,211 | $473,922 | $1,730,290 | 12/31/2017 | 7.5% | $2,468,031 | $530,777 | $1,937,254 | 12/31/2018 | 8.4% | $2,284,637 | $435,479 | $1,849,158 | T12 6/30/2019 | 8.0% | 90.7% | $2,664,433 | $437,332 | $2,227,101 | 9.6% | $98,596 | $2,128,506 | 9.2% | |
31 | (25) | Loan | Windsor Crossing | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | $1,128,128 | $334,596 | $793,532 | T12 7/31/2019 | 8.6% | 95.0% | $1,209,719 | $391,686 | $818,033 | 8.9% | $14,520 | $803,513 | 8.7% |
32 | Loan | Home 2 Suites El Reno | N/A | N/A | N/A | N/A | NAP | $2,656,968 | $1,166,629 | $1,490,339 | 12/31/2018 | 17.8% | $2,725,451 | $1,221,642 | $1,503,809 | T12 3/30/2019 | 18.0% | 88.7% | $2,725,451 | $1,285,212 | $1,440,239 | 17.2% | $109,018 | $1,331,221 | 15.9% | |
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | $2,363,891 | $1,359,470 | $1,004,421 | 12/31/2017 | 13.0% | $2,327,056 | $1,589,878 | $737,178 | 12/31/2018 | 9.5% | $2,472,362 | $1,608,197 | $864,165 | T12 5/31/2019 | 11.2% | 82.0% | $2,959,623 | $1,605,475 | $1,354,148 | 17.5% | $118,385 | $1,235,763 | 16.0% | |
34 | Loan | Laburnum Square | $1,029,138 | $252,129 | $777,008 | 12/31/2017 | 10.1% | $1,065,044 | $233,296 | $831,748 | 12/31/2018 | 10.9% | $1,074,077 | $235,649 | $838,428 | T12 3/31/2019 | 10.9% | 95.0% | $1,067,902 | $238,265 | $829,637 | 10.8% | $98,512 | $731,124 | 9.5% | |
35 | Loan | Holiday Inn Express Lakeway Austin NW | $2,207,440 | $1,497,874 | $709,566 | 12/31/2017 | 11.2% | $2,292,817 | $1,445,260 | $847,557 | 12/31/2018 | 13.4% | $2,348,095 | $1,455,945 | $892,150 | T12 6/30/2019 | 14.1% | 65.5% | $2,348,095 | $1,549,513 | $798,582 | 12.7% | $93,924 | $704,658 | 11.2% | |
36 | (26) | Loan | LA Fitness Douglasville | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $629,375 | $18,881 | $610,494 | 9.9% | $33,314 | $577,179 | 9.4% |
37 | (27) | Loan | LA Fitness Coppell | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | N/A | N/A | N/A | N/A | NAP | 95.0% | $635,313 | $19,059 | $616,253 | 10.1% | $31,386 | $584,867 | 9.6% |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | |||||||||||||||||
AND MORTGAGED PROPERTIES | |||||||||||||||||
LARGEST TENANT INFORMATION(15)(16)(17) | 2ND LARGEST TENANT INFORMATION(15)(16)(17) | 3RD LARGEST TENANT INFORMATION(15)(16)(17) | |||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | Largest Tenant | Largest Tenant Lease Expiration |
Largest Tenant NSF |
Largest Tenant % of NSF |
2nd Largest Tenant | 2nd Largest Tenant Lease Expiration |
2nd Largest Tenant NSF |
2nd Largest Tenant % of NSF |
3rd Largest Tenant | 3rd Largest Tenant Lease Expiration |
3rd Largest Tenant NSF |
3rd Largest Tenant % of NSF | ||
1 | Loan | Selig Office Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | |||
1.01 | Property | 4th & Battery | Aptevo Therapeutics, Inc. | 4/30/2030 | 47,399 | 23.4% | New Engen, Inc. | 9/30/2021 | 35,884 | 17.8% | Highspot, LLC | 8/14/2022 | 24,262 | 12.0% | |||
1.02 | Property | 333 Elliott | Outreach Corporation | 12/31/2028 | 84,077 | 63.0% | Leafly | 8/31/2024 | 49,395 | 37.0% | NAP | NAP | NAP | NAP | |||
1.03 | Property | 3rd & Battery | Antioch University | 11/30/2031 | 38,228 | 57.0% | Sound Community Bank | 6/30/2029 | 17,322 | 25.8% | Zymeworks Biopharmaceuticals | 2/28/2022 | 10,922 | 16.3% | |||
2 | Loan | Farmers Insurance | Farmers Insurance | 8/31/2034 | 713,935 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
3 | Loan | Renaissance Plano | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4 | Loan | Arbor Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.01 | Property | Marsh Landing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.02 | Property | Laurel Glen | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.03 | Property | Kings Colony | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.04 | Property | Northridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.05 | Property | Morgan Trace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.06 | Property | Glenwood Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.07 | Property | Westway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.08 | Property | Willow Run | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.09 | Property | Greenbriar Glen | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.10 | Property | Forest Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
4.11 | Property | Whisperwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
5 | (23) | Loan | APX Morristown | Louis Berger Group Inc. | 12/31/2026 | 110,047 | 22.6% | New York Marine & General Ins | 1/31/2022 | 95,062 | 19.5% | Lonza America Inc. | 5/31/2029 | 81,822 | 16.8% | ||
6 | Loan | Wilmington Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
6.01 | Property | 5044 Carolina Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
6.02 | Property | 23rd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
6.03 | Property | Mt. Misery | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
6.04 | Property | 5800 Carolina Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
7 | Loan | Grand Canal Shoppes | Venetian Casino Resort | 34,088 SF (7/31/2025); 8,096 SF (9/30/2033); 1 SF (12/31/2019) | 42,185 | 5.6% | The Venetian Resort (Showroom / Theater) | 5/31/2029 | 38,920 | 5.1% | Madame Tussaud Las Vegas | 28,000 SF (7/31/2024); 235 SF (12/31/2019) | 28,235 | 3.7% | |||
8 | (24) | Loan | BMO Harris Office Portfolio | BMO Harris Bank N.A. | 7/31/2032 | Various | Various | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
8.01 | Property | 395 and 401 North Executive Drive | BMO Harris Bank N.A. | 7/31/2032 | 145,909 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
8.02 | Property | 180 North Executive Drive | BMO Harris Bank N.A. | 7/31/2032 | 62,626 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
9 | Loan | Westpark Club | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
10 | Loan | Marriott Fort Collins | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
11 | Loan | The Forum at Grandview | Dick’s Sporting Goods | 1/31/2026 | 49,994 | 23.1% | Best Buy | 1/31/2021 | 30,000 | 13.9% | Stein Mart | 11/30/2025 | 30,000 | 13.9% | |||
12 | Loan | 1200 Lakes Drive | Edwards Theatres | 7/31/2030 | 95,832 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
13 | Loan | South 400 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
14 | Loan | Heights at McArthur | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
15 | Loan | The Glass House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
16 | Loan | Marriott Lake George | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
17 | Loan | Bison Portfolio | Various | 1/31/2022 | Various | Various | Various | Various | Various | Various | Various | Various | Various | Various | |||
17.01 | Property | Spring Creek | BEST BUY | 1/31/2022 | 50,000 | 19.2% | BED BATH & BEYOND | 11/30/2024 | 32,000 | 12.3% | TJ MAXX | 1/31/2029 | 28,000 | 10.7% | |||
17.02 | Property | Steele Crossing | KOHLS | 1/31/2022 | 86,584 | 63.2% | PETSMART | 1/31/2023 | 18,949 | 13.8% | LANE BRYANT | 4/30/2022 | 5,600 | 4.1% | |||
18 | Loan | Great Wolf Lodge Southern California | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
19 | Loan | Hilton Garden Inn Waverly | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20 | Loan | ExchangeRight Net Leased Portfolio 28 | Various | Various | Various | Various | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.01 | Property | Pick n Save - Oconomowoc, WI | Pick n Save | 12/31/2029 | 61,700 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.02 | Property | Pick n Save - Wales, WI | Pick n Save | 12/31/2029 | 61,000 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.03 | Property | Hobby Lobby - Hendersonville, TN | Hobby Lobby | 9/30/2029 | 55,000 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.04 | Property | Hobby Lobby - Appleton, WI | Hobby Lobby | 6/30/2029 | 73,764 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.05 | Property | Walgreens - Newport News, VA | Walgreens | 8/31/2030 | 14,490 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.06 | Property | Walgreens - Aurora, IL | Walgreens | 9/30/2032 | 14,820 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.07 | Property | Walgreens - Hammond, IN | Walgreens | 8/31/2033 | 14,550 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.08 | Property | Walgreens - North Aurora, IL | Walgreens | 2/28/2030 | 14,800 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.09 | Property | Walgreens - Fort Worth, TX | Walgreens | 11/30/2028 | 13,905 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.10 | Property | Tractor Supply - Lake Charles, LA | Tractor Supply | 5/31/2034 | 19,097 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.11 | Property | Fresenius Medical Care - West Columbia, SC | Fresenius Medical Care | 12/31/2032 | 8,263 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.12 | Property | Walgreens - Flint, MI | Walgreens | 2/28/2029 | 13,905 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.13 | Property | Tractor Supply - Springtown, TX | Tractor Supply | 6/30/2034 | 19,097 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.14 | Property | Walgreens - Orland Park, IL | Walgreens | 1/31/2033 | 15,120 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.15 | Property | Walgreens - Peoria, IL | Walgreens | 8/31/2029 | 13,500 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.16 | Property | Dollar General - Houston, TX | Dollar General | 6/30/2033 | 7,489 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.17 | Property | Dollar General - Soddy Daisy, TN | Dollar General | 5/31/2034 | 10,566 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | O’Reilly Auto Parts | 11/30/2029 | 7,225 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.19 | Property | Dollar General - Mishawaka, IN | Dollar General | 5/31/2034 | 9,100 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.20 | Property | Dollar General - Lambertville, MI | Dollar General | 2/28/2034 | 7,489 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.21 | Property | Dollar Tree - Beech Island, SC | Dollar Tree | 2/28/2029 | 9,520 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.22 | Property | Dollar General - Youngsville, LA | Dollar General | 1/31/2034 | 9,002 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
20.23 | Property | Dollar General - Battle Creek, MI | Dollar General | 1/31/2034 | 9,026 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
21 | Loan | 14th Street Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | NAP | NAP | NAP | NAP | |||
21.01 | Property | 1401 14th Street, Northwest | JPMorgan Chase Bank | 6/30/2034 | 5,265 | 51.8% | Fuse Pilates | 10/31/2024 | 2,418 | 23.8% | NAP | NAP | NAP | NAP | |||
21.02 | Property | 2424 18th Street, Northwest | Wawa | 9/30/2034 | 6,406 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
21.03 | Property | 1522 14 Street, Northwest | Cork & Fork | 2/28/2025 | 1,805 | 66.5% | The Shade Store | 6/30/2028 | 910 | 33.5% | NAP | NAP | NAP | NAP | |||
22 | Loan | Jamesbridge Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
23 | Loan | 3301 Windy Ridge Parkway | DPR Construction | 5/7/2023 | 47,203 | 45.0% | Fidelity National Title | 12/31/2023 | 12,018 | 11.5% | Riverstone Resources | 11/30/2021 | 9,193 | 8.8% | |||
24 | Loan | The Atrium | Cypress Center | 7/31/2023 | 3,794 | 11.3% | The Agency | 8/31/2020 | 2,644 | 7.9% | M&A Accounting Solutions, Inc. | 12/31/2023 | 2,187 | 6.5% | |||
25 | Loan | Walgreens and CVS Portfolio | Various | Various | Various | Various | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
25.01 | Property | CVS - Parma | CVS | 7/31/2039 | 10,125 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
25.02 | Property | Walgreens - Jacksonville | Walgreens | 7/31/2027 | 15,051 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
25.03 | Property | Walgreens - Suwanee | Walgreens | 7/31/2027 | 15,000 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
25.04 | Property | Walgreens - Galesburg | Walgreens | 7/31/2027 | 15,680 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
26 | Loan | Mariner Square | Beall’s | 4/30/2021 | 71,261 | 36.8% | ROSS Dress For Less | 1/31/2024 | 30,483 | 15.7% | Dollar Tree | 4/30/2022 | 12,000 | 6.2% | |||
27 | Loan | Carolina Breeze Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
28 | Loan | The Mill on Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
29 | Loan | Desert Marketplace | Kroger | 6/30/2043 | 67,925 | 35.0% | TJ Maxx/HomeGoods | 3/31/2024 | 50,203 | 25.8% | Rhapsodielle | 4/30/2022 | 17,400 | 9.0% | |||
30 | Loan | Blackmore Marketplace | Kohl’s | 1/31/2032 | 55,882 | 34.1% | Marshalls | 10/31/2023 | 24,000 | 14.6% | Michael’s | 7/31/2029 | 18,362 | 11.2% | |||
31 | (25) | Loan | Windsor Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
32 | Loan | Home 2 Suites El Reno | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
34 | Loan | Laburnum Square | Kroger | 10/31/2023 | 50,301 | 46.0% | Taylor’s Do-It Center | 6/30/2020 | 10,080 | 9.2% | Dollar General | 1/31/2024 | 9,960 | 9.1% | |||
35 | Loan | Holiday Inn Express Lakeway Austin NW | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||
36 | (26) | Loan | LA Fitness Douglasville | Fitness International, LLC | 8/31/2034 | 45,000 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
37 | (27) | Loan | LA Fitness Coppell | Fitness International, LLC | 7/31/2034 | 41,000 | 100.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | ||||||||||||
AND MORTGAGED PROPERTIES | ||||||||||||
4TH LARGEST TENANT INFORMATION(15)(16)(17) | 5TH LARGEST TENANT INFORMATION(15)(16)(17) | |||||||||||
Loan ID | Footnotes | Flag | Deal Name | 4TH LARGEST TENANT INFORMATION(14)(15) | 4th Largest Tenant Lease Expiration |
4th Largest Tenant NSF |
4th Largest Tenant % of NSF |
5th Largest Tenant | 5th Largest Tenant Lease Expiration |
5th Largest Tenant NSF |
5th Largest Tenant % of NSF | |
1 | Loan | Selig Office Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | ||
1.01 | Property | 4th & Battery | Smart Technologies, Inc | 4/30/2029 | 18,149 | 9.0% | LifeSpan Biosciences | 5/31/2023 | 17,916 | 8.9% | ||
1.02 | Property | 333 Elliott | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
1.03 | Property | 3rd & Battery | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
2 | Loan | Farmers Insurance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
3 | Loan | Renaissance Plano | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4 | Loan | Arbor Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.01 | Property | Marsh Landing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.02 | Property | Laurel Glen | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.03 | Property | Kings Colony | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.04 | Property | Northridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.05 | Property | Morgan Trace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.06 | Property | Glenwood Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.07 | Property | Westway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.08 | Property | Willow Run | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.09 | Property | Greenbriar Glen | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.10 | Property | Forest Village | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
4.11 | Property | Whisperwood | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
5 | (23) | Loan | APX Morristown | Jacobs Engineering Group Inc. | 3/31/2030 | 44,005 | 9.0% | Majesco | 7/31/2021 | 31,030 | 6.4% | |
6 | Loan | Wilmington Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
6.01 | Property | 5044 Carolina Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
6.02 | Property | 23rd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
6.03 | Property | Mt. Misery | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
6.04 | Property | 5800 Carolina Beach | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
7 | Loan | Grand Canal Shoppes | Regis Galerie | 15,039 SF (5/31/2025); 8,406 SF (12/31/2020); 4,654 SF (2/29/2020) | 28,099 | 3.7% | TAO NIGHTCLUB | 1/31/2025 | 24,378 | 3.2% | ||
8 | (24) | Loan | BMO Harris Office Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.01 | Property | 395 and 401 North Executive Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
8.02 | Property | 180 North Executive Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
9 | Loan | Westpark Club | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
10 | Loan | Marriott Fort Collins | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
11 | Loan | The Forum at Grandview | HomeGoods | 4/30/2022 | 25,000 | 11.6% | Michaels | 5/31/2022 | 21,129 | 9.8% | ||
12 | Loan | 1200 Lakes Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
13 | Loan | South 400 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
14 | Loan | Heights at McArthur | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
15 | Loan | The Glass House | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
16 | Loan | Marriott Lake George | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
17 | Loan | Bison Portfolio | Various | Various | Various | Various | Various | Various | Various | Various | ||
17.01 | Property | Spring Creek | OLD NAVY LLC | 4/30/2023 | 20,000 | 7.7% | JOANN STORES INC | 1/31/2021 | 19,284 | 7.4% | ||
17.02 | Property | Steele Crossing | SOLA SALON STUDIOS | 9/30/2024 | 4,870 | 3.6% | ARKANSAS DENTISTRY | 12/31/2024 | 4,200 | 3.1% | ||
18 | Loan | Great Wolf Lodge Southern California | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
19 | Loan | Hilton Garden Inn Waverly | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20 | Loan | ExchangeRight Net Leased Portfolio 28 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.01 | Property | Pick n Save - Oconomowoc, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.02 | Property | Pick n Save - Wales, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.03 | Property | Hobby Lobby - Hendersonville, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.04 | Property | Hobby Lobby - Appleton, WI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.05 | Property | Walgreens - Newport News, VA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.06 | Property | Walgreens - Aurora, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.07 | Property | Walgreens - Hammond, IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.08 | Property | Walgreens - North Aurora, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.09 | Property | Walgreens - Fort Worth, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.10 | Property | Tractor Supply - Lake Charles, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.11 | Property | Fresenius Medical Care - West Columbia, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.12 | Property | Walgreens - Flint, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.13 | Property | Tractor Supply - Springtown, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.14 | Property | Walgreens - Orland Park, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.15 | Property | Walgreens - Peoria, IL | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.16 | Property | Dollar General - Houston, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.17 | Property | Dollar General - Soddy Daisy, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.19 | Property | Dollar General - Mishawaka, IN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.20 | Property | Dollar General - Lambertville, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.21 | Property | Dollar Tree - Beech Island, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.22 | Property | Dollar General - Youngsville, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
20.23 | Property | Dollar General - Battle Creek, MI | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
21 | Loan | 14th Street Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
21.01 | Property | 1401 14th Street, Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
21.02 | Property | 2424 18th Street, Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
21.03 | Property | 1522 14 Street, Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
22 | Loan | Jamesbridge Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
23 | Loan | 3301 Windy Ridge Parkway | Kingdom Advisors | 3/31/2030 | 6,794 | 6.5% | Insurance Specialty Group | 1/31/2023 | 6,744 | 6.4% | ||
24 | Loan | The Atrium | Noelle Rox Pilates | 2/28/2021 | 2,083 | 6.2% | Sprint | 7/31/2023 | 1,800 | 5.4% | ||
25 | Loan | Walgreens and CVS Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
25.01 | Property | CVS - Parma | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
25.02 | Property | Walgreens - Jacksonville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
25.03 | Property | Walgreens - Suwanee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
25.04 | Property | Walgreens - Galesburg | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
26 | Loan | Mariner Square | Shoe Carnival | 6/30/2023 | 11,008 | 5.7% | McDonald’s | 12/1/2025 | 4,847 | 2.5% | ||
27 | Loan | Carolina Breeze Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
28 | Loan | The Mill on Main | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
29 | Loan | Desert Marketplace | PetCo | 8/31/2024 | 15,000 | 7.7% | Walgreens | 6/30/2033 | 14,820 | 7.6% | ||
30 | Loan | Blackmore Marketplace | PetSmart | 1/31/2028 | 17,868 | 10.9% | ULTA | 7/31/2024 | 9,992 | 6.1% | ||
31 | (25) | Loan | Windsor Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32 | Loan | Home 2 Suites El Reno | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
34 | Loan | Laburnum Square | Beauty World | 1/31/2029 | 5,792 | 5.3% | New Beginnings Family Day | 10/31/2020 | 3,964 | 3.6% | ||
35 | Loan | Holiday Inn Express Lakeway Austin NW | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
36 | (26) | Loan | LA Fitness Douglasville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37 | (27) | Loan | LA Fitness Coppell | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | |||||||||||||||||||||||||||
AND MORTGAGED PROPERTIES | |||||||||||||||||||||||||||
MORTGAGE LOAN RESERVE INFORMATION(18)(19) | |||||||||||||||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | Upfront Replacement Reserves |
Monthly Replacement Reserves |
Replacement Reserve Cap(20) |
Upfront TI/LC Reserves |
Monthly TI/LC Reserves |
TI/LC Reserve Cap(20) |
Upfront Tax Reserves |
Monthly Tax Reserves |
Upfront Insurance Reserves |
Monthly Insurance Reserves |
Upfront Deferred Maint. Reserve |
Upfront Debt Service Reserves | Monthly Debt Service Reserves | Upfront Environmental Reserves | Initial Other Reserves |
Initial Other Reserves Description | Ongoing Other Reserves | Ongoing Other Reserves Description | Other Reserves Cap(20) | Holdback(21) | Holdback Amount(21) | Holdback Description(21) | Letter of Credit | Letter of Credit Description |
1 | Loan | Selig Office Portfolio | $0 | $8,390 | NAP | $2,000,000 | $58,728 | NAP | $0 | $97,436 | $0 | $6,223 | $0 | $0 | $0 | $0 | $8,620,949 | Outstanding TI/LC Reserve ($6,410,568); Free Rent Reserve ($1,592,943); Leafly Rent Replication Reserve ($617,438) | Leafly Rent Replication Reserve | Leafly Rent Reserve: On each payment date, the borrower is required to deposit the monthly rental amount due under the Leafly lease. If amounts on deposit falls below the anticipated Leafly rental amounts for the next three months, the borrower is required to deposit an amount necessary to cause the funds on deposit to equal the anticipated three months. | NAP | No | NAP | NAP | No | NAP | |
1.01 | Property | 4th & Battery | |||||||||||||||||||||||||
1.02 | Property | 333 Elliott | |||||||||||||||||||||||||
1.03 | Property | 3rd & Battery | |||||||||||||||||||||||||
2 | Loan | Farmers Insurance | $0 | Springing | NAP | $0 | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $289,294 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
3 | Loan | Renaissance Plano | $0 | Springing | NAP | $0 | $0 | NAP | $0 | Springing | $50,000 | Springing | $0 | $0 | $0 | $0 | $200,000 | Restaurant Reserve | PIP Reserve (Springing) | PIP Reserve: During a PIP Period, all excess cash flow is required to be deposited | NAP | No | NAP | NAP | No | NAP | |
4 | Loan | Arbor Multifamily Portfolio | $1,000,000 | $31,398 (8/5/2019-7/5/2021); $19,077 (8/5/2021-7/5/2029) | NAP | $0 | $0 | NAP | $180,336 | $26,990 | $0 | Springing | $135,393 | $0 | $0 | $22,500 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
4.01 | Property | Marsh Landing | |||||||||||||||||||||||||
4.02 | Property | Laurel Glen | |||||||||||||||||||||||||
4.03 | Property | Kings Colony | |||||||||||||||||||||||||
4.04 | Property | Northridge | |||||||||||||||||||||||||
4.05 | Property | Morgan Trace | |||||||||||||||||||||||||
4.06 | Property | Glenwood Village | |||||||||||||||||||||||||
4.07 | Property | Westway | |||||||||||||||||||||||||
4.08 | Property | Willow Run | |||||||||||||||||||||||||
4.09 | Property | Greenbriar Glen | |||||||||||||||||||||||||
4.10 | Property | Forest Village | |||||||||||||||||||||||||
4.11 | Property | Whisperwood | |||||||||||||||||||||||||
5 | (23) | Loan | APX Morristown | $0 | $10,140 | $366,000 | $0 | $48,343 | NAP | $273,520 | $92,162 | $53,734 | Springing | $55,386 | $0 | $0 | $0 | $2,270,343 | Free Rent Reserve ($2,041,170); Outstanding TI/LC Reserve ($229,173) | $174,367 | Additional Leasing Reserve in a monthly amount based on a defined schedule through September 5, 2024; Free rent reserve in a monthly amount of $73,825 through December 5 2019. | NAP | No | NAP | NAP | No | NAP |
6 | Loan | Wilmington Self Storage Portfolio | $0 | $4,880 | NAP | $0 | $0 | NAP | $64,211 | $8,026 | $66,052 | $5,504 | $106,088 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
6.01 | Property | 5044 Carolina Beach | |||||||||||||||||||||||||
6.02 | Property | 23rd Street | |||||||||||||||||||||||||
6.03 | Property | Mt. Misery | |||||||||||||||||||||||||
6.04 | Property | 5800 Carolina Beach | |||||||||||||||||||||||||
7 | Loan | Grand Canal Shoppes | $0 | Springing | $386,928 | $12,309,694 | Springing | $2,321,544 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $1,218,246 | Gap Rent Reserve | Ground Rent Reserve (Springing) | Springing monthly deposit upon (i) an event of default, (ii) the debt yield dropping below 6.5% as of the end of any calendar year. | NAP | No | NAP | NAP | No | NAP | |
8 | (24) | Loan | BMO Harris Office Portfolio | $0 | Springing | NAP | $0 | $0 | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP |
8.01 | Property | 395 and 401 North Executive Drive | |||||||||||||||||||||||||
8.02 | Property | 180 North Executive Drive | |||||||||||||||||||||||||
9 | Loan | Westpark Club | $0 | $5,083 | NAP | $0 | $0 | NAP | $0 | $28,112 | $34,920 | $5,820 | $600 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
10 | Loan | Marriott Fort Collins | $0 | $41,144 | NAP | $0 | $0 | NAP | $123,737 | $30,934 | $22,753 | $5,688 | $36,250 | $125,000 | $0 | $0 | $7,795,500 | PIP Reserve | $0 | NAP | $0 | No | NAP | NAP | No | NAP | |
11 | Loan | The Forum at Grandview | $5,223 | $5,223 | NAP | $327,500 | $13,500 | NAP | $484,295 | $60,537 | $0 | Springing | $164,871 | $0 | $0 | $0 | $0 | NAP | Outparcel Release Funds (Springing) | Outparcel Release Funds: Borrower shall promptly depsosit the Net Sale Proceeds upon the sale of any Outparcel, which shall be an amount equal to the Outparcel Release Price. | $2,000,000 | No | NAP | NAP | No | NAP | |
12 | Loan | 1200 Lakes Drive | $0 | Springing | NAP | $0 | Springing | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
13 | Loan | South 400 | $0 | $4,354 | NAP | $0 | $0 | NAP | $623,537 | $77,942 | $39,607 | $6,601 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
14 | Loan | Heights at McArthur | $0 | $6,000 | $250,000 | $0 | $0 | NAP | $253,856 | $28,206 | $0 | $6,451 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
15 | Loan | The Glass House | $0 | $850 | NAP | $0 | $0 | NAP | $21,667 | $21,667 | $23,051 | $2,561 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | $0 | No | NAP | NAP | No | NAP | |
16 | Loan | Marriott Lake George | $0 | $19,607 | NAP | $0 | $0 | NAP | $106,619 | $20,765 | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | PIP Reserve (Springing) | Borrower shall deposit 115% of sum required to pay for PIP on the day that any PIP is imposed | NAP | No | NAP | NAP | No | NAP | |
17 | Loan | Bison Portfolio | $0 | $6,632 | $250,000 | $750,000 | $16,579 | NAP | $355,651 | $30,527 | $0 | Springing | $0 | $0 | $0 | $0 | $304,055 | Outstanding TI/LC Reserve ($294,190); Free Rent Reserve ($9,865.08) | $0 | NAP | $0 | No | NAP | NAP | No | NAP | |
17.01 | Property | Spring Creek | |||||||||||||||||||||||||
17.02 | Property | Steele Crossing | |||||||||||||||||||||||||
18 | Loan | Great Wolf Lodge Southern California | $0 | Springing | NAP | $0 | $0 | NAP | $0 | $244,016 | $0 | Springing | $0 | $0 | $0 | $0 | $2,000,000 | Excess FF&E Reserve | Amortization Reserve (Springing); Seasonality Reserve (springing) | Amortization Reserve (Monthly payment shall commence if (i) DY < 12.0% as of April 1, 2022, (ii) DY < 13.0% as of April 1, 2024, or (iii) DY < 14.0% as of April 1, 2026); Seasonality Reserve (Commencing on June 2019 through August 2019 and, commencing in 2020 and each year thereafter, March through August, upon request of the Lender, the lesser of (i) $280,000 and (ii) available net cash flow) | NAP | No | NAP | NAP | No | NAP | |
19 | Loan | Hilton Garden Inn Waverly | $0 | 1/12th of 4% of Total Revenue | NAP | $0 | $0 | NAP | $168,918 | $21,115 | $7,197 | Springing | $0 | $0 | $0 | $0 | $0 | Common Charges Reserve Funds | Springing | During a cash trap event period, the borrower is required to deposit an amount equal to the monthly amount set forth in the annual budget for common charges. | NAP | No | NAP | NAP | No | NAP | |
20 | Loan | ExchangeRight Net Leased Portfolio 28 | $0 | $3,428 | NAP | $500,000 | Springing | NAP | $240,941 | $53,281 | $0 | Springing | $452,830 | $0 | $0 | $112,500 | $50,361 | Environmental Insurance Reserve | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
20.01 | Property | Pick n Save - Oconomowoc, WI | |||||||||||||||||||||||||
20.02 | Property | Pick n Save - Wales, WI | |||||||||||||||||||||||||
20.03 | Property | Hobby Lobby - Hendersonville, TN | |||||||||||||||||||||||||
20.04 | Property | Hobby Lobby - Appleton, WI | |||||||||||||||||||||||||
20.05 | Property | Walgreens - Newport News, VA | |||||||||||||||||||||||||
20.06 | Property | Walgreens - Aurora, IL | |||||||||||||||||||||||||
20.07 | Property | Walgreens - Hammond, IN | |||||||||||||||||||||||||
20.08 | Property | Walgreens - North Aurora, IL | |||||||||||||||||||||||||
20.09 | Property | Walgreens - Fort Worth, TX | |||||||||||||||||||||||||
20.10 | Property | Tractor Supply - Lake Charles, LA | |||||||||||||||||||||||||
20.11 | Property | Fresenius Medical Care - West Columbia, SC | |||||||||||||||||||||||||
20.12 | Property | Walgreens - Flint, MI | |||||||||||||||||||||||||
20.13 | Property | Tractor Supply - Springtown, TX | |||||||||||||||||||||||||
20.14 | Property | Walgreens - Orland Park, IL | |||||||||||||||||||||||||
20.15 | Property | Walgreens - Peoria, IL | |||||||||||||||||||||||||
20.16 | Property | Dollar General - Houston, TX | |||||||||||||||||||||||||
20.17 | Property | Dollar General - Soddy Daisy, TN | |||||||||||||||||||||||||
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | |||||||||||||||||||||||||
20.19 | Property | Dollar General - Mishawaka, IN | |||||||||||||||||||||||||
20.20 | Property | Dollar General - Lambertville, MI | |||||||||||||||||||||||||
20.21 | Property | Dollar Tree - Beech Island, SC | |||||||||||||||||||||||||
20.22 | Property | Dollar General - Youngsville, LA | |||||||||||||||||||||||||
20.23 | Property | Dollar General - Battle Creek, MI | |||||||||||||||||||||||||
21 | Loan | 14th Street Portfolio | $322 | $322 | NAP | $125,000 | $1,608 | NAP | $38,592 | $12,864 | $0 | Springing | $4,750 | $0 | $0 | $0 | $620,716 | Free Rent Reserve | Lease Sweep Reserve (Springing); Free Rent Reserve (Springing); Common Charge Reserve (Springing) | Lease Sweep Reserve: During a cash trap event period due to the continuance of a lease sweep period, all excess cash flow is required to be deposited. Free Rent Reserve: on the monthly payment date prior to the monthly payment date of the final disbursement of the free rent reserve, to extent such tenant has not taken occupancy and has not yet commenced the payment of unabated rent, the lender may require the borrower to deposit three months of unabated rent. Common Charge Reserve: During a cash trap event period, the borrower is required to deposit an amount equal to the monthly amount set forth in the annual budget for common charges. | NAP | Yes | $2,400,000 | To be release upon subject to, among other things: (i) no event of default, (ii) no cash trap event period is continuing, (iii) DY>= 8.0%, (iv) DSCR >= 1.20x. | No | NAP | |
21.01 | Property | 1401 14th Street, Northwest | |||||||||||||||||||||||||
21.02 | Property | 2424 18th Street, Northwest | |||||||||||||||||||||||||
21.03 | Property | 1522 14 Street, Northwest | |||||||||||||||||||||||||
22 | Loan | Jamesbridge Apartments | $0 | $8,604 | NAP | $0 | $0 | NAP | $28,253 | $4,602 | $9,590 | $9,590 | $349,164 | $0 | $0 | $0 | $0 | $0 | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
23 | Loan | 3301 Windy Ridge Parkway | $0 | $2,185 | NAP | $0 | $8,917 | $325,000 | $203,408 | $18,492 | $3,310 | $1,660 | $0 | $0 | $0 | $0 | $84,925 | Kingdom Advisors Free Rent Reserve | $0 | NAP | $0 | No | NAP | NAP | No | NAP | |
24 | Loan | The Atrium | $0 | $560 | NAP | $100,000 | $2,798 | $150,000 | $51,834 | $12,958 | $6,909 | $987 | $20,719 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
25 | Loan | Walgreens and CVS Portfolio | $0 | Springing | NAP | $0 | Springing | NAP | $0 | Springing | $4,212 | $195 | $0 | $0 | $0 | $0 | $0 | NAP | Ground Rent Reserve (Springing) | On each Monthly Payment Date when Ground Lessor and Ground Lessee are not Affiliates of each other and under common control of one or more Guarantor, then Borrower shall deposit with Lender an amount equal to the Ground Rent that will be payable under the Ground Lease for the month immediately following the month in which such Monthly Payment Date occurs. | NAP | No | NAP | NAP | No | NAP | |
25.01 | Property | CVS - Parma | |||||||||||||||||||||||||
25.02 | Property | Walgreens - Jacksonville | |||||||||||||||||||||||||
25.03 | Property | Walgreens - Suwanee | |||||||||||||||||||||||||
25.04 | Property | Walgreens - Galesburg | |||||||||||||||||||||||||
26 | Loan | Mariner Square | $4,036 | $4,036 | NAP | $850,000 | $32,287 | NAP | $159,199 | $22,743 | $33,305 | $6,661 | $15,000 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
27 | Loan | Carolina Breeze Apartments | $475,000 | $3,438 | NAP | $0 | $0 | NAP | $28,531 | $7,140 | $0 | $7,018 | $25,000 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
28 | Loan | The Mill on Main | $0 | $787 | NAP | $0 | $600 | NAP | $95,971 | $8,350 | $0 | Springing | $0 | $0 | $0 | $0 | $25,000 | Rent Concession Reserve | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
29 | Loan | Desert Marketplace | $0 | $3,893 | NAP | $500,000 | $11,680 (12/5/2018-11/5/2022); $6,229 (12/5/2022-11/5/2028) | NAP | $64,043 | $16,011 | $6,672 | $3,336 | $0 | $0 | $0 | $0 | $89,912 | Free Rent Reserve ($29,912); Smith’s Fuel Center Reserve ($60,000) | Lease Sweep Reserve (Springing) | Lease Sweep Reserve: During a cash trap event period due to the continuance of a lease sweep period, all excess cash flow is required to be deposited. | NAP | No | NAP | NAP | No | NAP | |
30 | Loan | Blackmore Marketplace | $0 | Springing | NAP | $0 | Springing | $491,772 | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $100,370 | Unfunded Tenant Obligations Reserve Funds | $0 | NAP | NAP | No | NAP | NAP | No | NAP | |
31 | (25) | Loan | Windsor Crossing | $0 | $1,210 | NAP | $0 | $0 | NAP | $28,325 | $14,163 | $1,795 | $1,795 | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | NAP | No | NAP | NAP | No | NAP |
32 | Loan | Home 2 Suites El Reno | $0 | $2,271 | NAP | $0 | $0 | NAP | $55,498 | $6,937 | $25,684 | $3,210 | $50,000 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | $0 | No | NAP | NAP | No | NAP | |
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | $0 | $9,865 | NAP | $0 | $0 | NAP | $45,244 | $6,463 | $5,662 | $2,831 | $0 | $0 | $0 | $0 | $75,700 | Outstanding PIP Reserve | $0 | NAP | $0 | No | NAP | NAP | No | NAP | |
34 | Loan | Laburnum Square | $4,194 | $4,194 | NAP | $4,016 | $4,016 | $200,000 | $28,510 | $7,128 | $0 | Springing | $187,113 | $0 | $0 | $0 | $7,333 | Kroger Reserve | $7,333 | Through and including the Monthly Payment Date in August 2024, Borrower shall deposit $7,333 until Kroger exercises its 2023 renewal or extension option. Commencing on earlier of September 5, 2024 or the Monthly Payment Date occuring after the date on which above conditions are satisfied the borrower willl deposit $5,917 for Qualified Leasing Expenses. | NAP | No | NAP | NAP | No | NAP | |
35 | Loan | Holiday Inn Express Lakeway Austin NW | $3,913 | $3,913 | NAP | $0 | $0 | NAP | $132,038 | $14,671 | $27,357 | $3,420 | $3,125 | $0 | $0 | $0 | $1,378,852 | PIP Reserve | PIP Reserve (Springing) | On the date that any PIP is imposed by the franchisor pursuant to the franchise agreement, 115% of the sum required to pay such PIP | NAP | No | NAP | NAP | No | NAP | |
36 | (26) | Loan | LA Fitness Douglasville | $0 | $0 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | $0 | No | NAP | NAP | No | NAP |
37 | (27) | Loan | LA Fitness Coppell | $0 | $0 | NAP | $0 | $0 | NAP | $0 | Springing | $0 | Springing | $0 | $0 | $0 | $0 | $0 | NAP | $0 | NAP | $0 | No | NAP | NAP | No | NAP |
ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS | ||||||||||||||||||||||||
AND MORTGAGED PROPERTIES | ||||||||||||||||||||||||
THIRD PARTY REPORTS | ADDITIONAL PERMITTED DEBT | TOTAL MORTGAGE DEBT INFORMATION | TOTAL DEBT INFORMATION | |||||||||||||||||||||
Loan ID | Footnotes | Flag | Deal Name | Appraisal Value Date |
Environmental Phase I Report Date(22) |
Phase II Performed(22) | Engineering Report Date |
Seismic Zone (Y/N) |
Seismic Report Date |
PML % | Additional Future Debt Permitted | Additional Future Debt Permitted Description | Cut-off Date Pari Passu Mortgage Debt Balance |
Cut-off Date Subord. Mortgage Debt Balance |
Total Mortgage Debt Cut-off Date LTV Ratio |
Total Mortgage Debt UW NCF DSCR |
Total Mortgage Debt UW NOI Debt Yield |
Cut-off Date Mezzanine Debt Balance |
Total Debt Cut-off Date LTV Ratio |
Total Debt UW NCF DSCR |
Total Debt UW NOI Debt Yield | |||
1 | Loan | Selig Office Portfolio | Various | 11/1/2018 | No | 11/1/2018 | 3 | NAP | Various | No | NAP | $135,000,000 | NAP | 59.0% | 1.93x | 9.0% | $15,000,000 | 65.6% | 1.54x | 8.1% | ||||
1.01 | Property | 4th & Battery | 5/6/2019 | 6/20/2019 | No | 6/20/2019 | 3 | 6/13/2019 | 13.0% | 59.0% | 1.93x | 9.0% | 65.6% | 1.54x | 8.1% | |||||||||
1.02 | Property | 333 Elliott | 9/1/2019 | 6/20/2019 | No | 6/20/2019 | 3 | 6/11/2019 | 11.0% | 59.0% | 1.93x | 9.0% | 65.6% | 1.54x | 8.1% | |||||||||
1.03 | Property | 3rd & Battery | 5/6/2019 | 6/20/2019 | No | 6/20/2019 | 3 | 6/13/2019 | 7.0% | 59.0% | 1.93x | 9.0% | 65.6% | 1.54x | 8.1% | |||||||||
2 | Loan | Farmers Insurance | 8/6/2019 | 7/25/2019 | No | 7/25/2019 | NAP | NAP | NAP | No | NAP | $96,450,000 | NAP | 63.8% | 1.82x | 10.0% | NAP | 63.8% | 1.82x | 10.0% | ||||
3 | Loan | Renaissance Plano | 5/9/2019 | 5/21/2019 | No | 5/21/2019 | NAP | NAP | NAP | No | NAP | $89,782,641 | NAP | 64.4% | 1.77x | 12.2% | $14,998,461 | 75.2% | 1.35x | 10.4% | ||||
4 | Loan | Arbor Multifamily Portfolio | Various | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | NAP | 71.5% | 1.52x | 9.9% | ||||
4.01 | Property | Marsh Landing | 5/6/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.02 | Property | Laurel Glen | 5/8/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.03 | Property | Kings Colony | 5/6/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.04 | Property | Northridge | 5/7/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.05 | Property | Morgan Trace | 5/8/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.06 | Property | Glenwood Village | 5/7/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.07 | Property | Westway | 5/6/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.08 | Property | Willow Run | 5/8/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.09 | Property | Greenbriar Glen | 5/8/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.10 | Property | Forest Village | 5/7/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
4.11 | Property | Whisperwood | 5/7/2019 | 5/15/2019 | No | 5/15/2019 | NAP | NAP | NAP | 71.5% | 1.52x | 9.9% | 71.5% | 1.52x | 9.9% | |||||||||
5 | (23) | Loan | APX Morristown | 6/28/2019 | 7/12/2019 | No | 7/12/2019 | NAP | NAP | NAP | No | NAP | $66,000,000 | NAP | 67.3% | 1.62x | 11.0% | $13,000,000 | 80.6% | 1.22x | 9.2% | |||
6 | Loan | Wilmington Self Storage Portfolio | Various | 5/29/2019 | No | 5/29/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 69.6% | 1.32x | 8.5% | NAP | 69.6% | 1.32x | 8.5% | ||||
6.01 | Property | 5044 Carolina Beach | 4/17/2019 | 5/29/2019 | No | 5/29/2019 | NAP | NAP | NAP | 69.6% | 1.32x | 8.5% | 69.6% | 1.32x | 8.5% | |||||||||
6.02 | Property | 23rd Street | 4/14/2019 | 5/29/2019 | No | 5/29/2019 | NAP | NAP | NAP | 69.6% | 1.32x | 8.5% | 69.6% | 1.32x | 8.5% | |||||||||
6.03 | Property | Mt. Misery | 4/17/2019 | 5/29/2019 | No | 5/29/2019 | NAP | NAP | NAP | 69.6% | 1.32x | 8.5% | 69.6% | 1.32x | 8.5% | |||||||||
6.04 | Property | 5800 Carolina Beach | 4/17/2019 | 5/29/2019 | No | 5/29/2019 | NAP | NAP | NAP | 69.6% | 1.32x | 8.5% | 69.6% | 1.32x | 8.5% | |||||||||
7 | Loan | Grand Canal Shoppes | 4/3/2019 | 5/15/2019 | No | 3/18/2019 | NAP | NAP | NAP | No | NAP | $760,000,000 | $215,000,000 | 59.5% | 1.67x | 7.5% | NAP | 59.5% | 1.67x | 7.5% | ||||
8 | (24) | Loan | BMO Harris Office Portfolio | 6/26/2019 | 6/26/2019 | No | 6/25/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 64.0% | 1.75x | 9.9% | NAP | 64.0% | 1.75x | 9.9% | |||
8.01 | Property | 395 and 401 North Executive Drive | 6/26/2019 | 6/26/2019 | No | 6/25/2019 | NAP | NAP | NAP | 64.0% | 1.75x | 9.9% | 64.0% | 1.75x | 9.9% | |||||||||
8.02 | Property | 180 North Executive Drive | 6/26/2019 | 6/26/2019 | No | 6/25/2019 | NAP | NAP | NAP | 64.0% | 1.75x | 9.9% | 64.0% | 1.75x | 9.9% | |||||||||
9 | Loan | Westpark Club | 8/9/2019 | 8/13/2019 | No | 8/14/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 65.2% | 1.90x | 7.9% | NAP | 65.2% | 1.90x | 7.9% | ||||
10 | Loan | Marriott Fort Collins | 8/15/2019 | 8/20/2019 | No | 8/20/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 71.2% | 1.88x | 12.1% | NAP | 71.2% | 1.88x | 12.1% | ||||
11 | Loan | The Forum at Grandview | 1/3/2019 | 1/25/2019 | No | 3/12/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 67.0% | 1.52x | 10.1% | NAP | 67.0% | 1.52x | 10.1% | ||||
12 | Loan | 1200 Lakes Drive | 6/27/2019 | 7/11/2019 | No | 7/11/2019 | 4 | 7/10/2019 | 10.0% | No | NAP | NAP | NAP | 68.6% | 1.48x | 9.3% | NAP | 68.6% | 1.48x | 9.3% | ||||
13 | Loan | South 400 | 7/9/2019 | 8/7/2019 | No | 7/17/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 60.9% | 1.90x | 8.2% | $3,000,000 | 69.1% | 1.45x | 7.3% | ||||
14 | Loan | Heights at McArthur | 5/23/2019 | 6/6/2019 | No | 6/10/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 72.9% | 1.37x | 8.3% | NAP | 72.9% | 1.37x | 8.3% | ||||
15 | Loan | The Glass House | 6/25/2019 | 7/8/2019 | No | 7/8/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 65.7% | 1.94x | 7.5% | $2,000,000 | 72.1% | 1.57x | 6.8% | ||||
16 | Loan | Marriott Lake George | 5/8/2019 | 5/17/2019 | No | 5/15/2019 | NAP | NAP | NAP | Yes | Member Loans up to $250,000 as long as they are unsecured. | NAP | NAP | 60.3% | 2.68x | 12.4% | NAP | 60.3% | 2.68x | 12.4% | ||||
17 | Loan | Bison Portfolio | 6/9/2019 | 6/19/2019 | No | 6/20/2019 | NAP | NAP | NAP | No | NAP | $40,000,000 | NAP | 70.7% | 1.82x | 11.5% | NAP | 70.7% | 1.82x | 11.5% | ||||
17.01 | Property | Spring Creek | 6/9/2019 | 6/19/2019 | No | 6/20/2019 | NAP | NAP | NAP | 70.7% | 1.82x | 11.5% | 70.7% | 1.82x | 11.5% | |||||||||
17.02 | Property | Steele Crossing | 6/9/2019 | 6/19/2019 | No | 6/20/2019 | NAP | NAP | NAP | 70.7% | 1.82x | 11.5% | 70.7% | 1.82x | 11.5% | |||||||||
18 | Loan | Great Wolf Lodge Southern California | 11/28/2018 | 12/6/2018 | No | 12/6/2018 | 4 | 12/6/2018 | 4.0% | No | NAP | $150,000,000 | $20,000,000 | 56.1% | 1.89x | 12.9% | NAP | 56.1% | 1.89x | 12.9% | ||||
19 | Loan | Hilton Garden Inn Waverly | 4/1/2019 | 4/22/2019 | No | 4/19/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 62.4% | 1.91x | 13.1% | NAP | 62.4% | 1.91x | 13.1% | ||||
20 | Loan | ExchangeRight Net Leased Portfolio 28 | Various | Various | No | Various | NAP | NAP | NAP | No | NAP | $63,943,000 | NAP | 61.9% | 2.25x | 9.5% | NAP | 61.9% | 2.25x | 9.5% | ||||
20.01 | Property | Pick n Save - Oconomowoc, WI | 6/19/2019 | 6/13/2019 | No | 6/13/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.02 | Property | Pick n Save - Wales, WI | 6/19/2019 | 6/21/2019 | No | 6/21/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.03 | Property | Hobby Lobby - Hendersonville, TN | 6/23/2019 | 6/13/2019 | No | 6/13/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.04 | Property | Hobby Lobby - Appleton, WI | 6/19/2019 | 6/21/2019 | No | 6/20/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.05 | Property | Walgreens - Newport News, VA | 6/7/2019 | 3/8/2019 | No | 3/8/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.06 | Property | Walgreens - Aurora, IL | 6/17/2019 | 6/24/2019 | No | 6/24/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.07 | Property | Walgreens - Hammond, IN | 6/14/2019 | 6/4/2019 | No | 6/4/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.08 | Property | Walgreens - North Aurora, IL | 6/7/2019 | 3/21/2019 | No | 3/21/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.09 | Property | Walgreens - Fort Worth, TX | 5/17/2019 | 4/1/2019 | No | 4/1/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.10 | Property | Tractor Supply - Lake Charles, LA | 6/19/2019 | 5/17/2019 | No | 5/17/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.11 | Property | Fresenius Medical Care - West Columbia, SC | 6/20/2019 | 6/20/2019 | No | 6/20/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.12 | Property | Walgreens - Flint, MI | 6/20/2019 | 3/1/2019 | Yes | 3/1/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.13 | Property | Tractor Supply - Springtown, TX | 6/14/2019 | 6/20/2019 | No | 6/20/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.14 | Property | Walgreens - Orland Park, IL | 6/19/2019 | 4/26/2019 | No | 4/26/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.15 | Property | Walgreens - Peoria, IL | 6/17/2019 | 3/21/2019 | No | 3/21/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.16 | Property | Dollar General - Houston, TX | 6/14/2019 | 4/18/2019 | No | 4/18/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.17 | Property | Dollar General - Soddy Daisy, TN | 6/23/2019 | 6/7/2019 | No | 6/7/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.18 | Property | O’Reilly Auto Parts - Lexington, SC | 6/17/2019 | 6/26/2019 | No | 6/26/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.19 | Property | Dollar General - Mishawaka, IN | 6/14/2019 | 6/19/2019 | No | 6/19/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.20 | Property | Dollar General - Lambertville, MI | 4/13/2019 | 4/10/2019 | No | 4/10/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.21 | Property | Dollar Tree - Beech Island, SC | 6/20/2019 | 7/9/2019 | No | 7/10/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.22 | Property | Dollar General - Youngsville, LA | 6/11/2019 | 3/15/2019 | No | 3/15/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
20.23 | Property | Dollar General - Battle Creek, MI | 4/13/2019 | 4/10/2019 | No | 4/10/2019 | NAP | NAP | NAP | 61.9% | 2.25x | 9.5% | 61.9% | 2.25x | 9.5% | |||||||||
21 | Loan | 14th Street Portfolio | Various | Various | No | Various | NAP | NAP | NAP | No | NAP | NAP | NAP | 62.8% | 1.54x | 7.0% | NAP | 62.8% | 1.54x | 7.0% | ||||
21.01 | Property | 1401 14th Street, Northwest | 3/12/2019 | 3/8/2019 | No | 3/6/2019 | NAP | NAP | NAP | 62.8% | 1.54x | 7.0% | 62.8% | 1.54x | 7.0% | |||||||||
21.02 | Property | 2424 18th Street, Northwest | 4/9/2019 | 4/16/2019 | No | 4/15/2019 | NAP | NAP | NAP | 62.8% | 1.54x | 7.0% | 62.8% | 1.54x | 7.0% | |||||||||
21.03 | Property | 1522 14 Street, Northwest | 4/9/2019 | 4/9/2019 | No | 4/3/2019 | NAP | NAP | NAP | 62.8% | 1.54x | 7.0% | 62.8% | 1.54x | 7.0% | |||||||||
22 | Loan | Jamesbridge Apartments | 5/10/2019 | 5/14/2019 | No | 5/17/2019 | 3 | 5/14/2019 | 11.0% | No | NAP | NAP | NAP | 73.5% | 1.39x | 9.3% | NAP | 73.5% | 1.39x | 9.3% | ||||
23 | Loan | 3301 Windy Ridge Parkway | 6/5/2019 | 6/8/2019 | No | 6/7/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 68.9% | 1.66x | 10.7% | NAP | 68.9% | 1.66x | 10.7% | ||||
24 | Loan | The Atrium | 3/1/2019 | 3/13/2019 | No | 3/13/2019 | 4 | 3/13/2019 | 14.0% | No | NAP | NAP | NAP | 62.4% | 1.86x | 9.0% | NAP | 62.4% | 1.86x | 9.0% | ||||
25 | Loan | Walgreens and CVS Portfolio | Various | Various | No | Various | NAP | NAP | NAP | No | NAP | NAP | NAP | 64.7% | 1.32x | 8.8% | NAP | 64.7% | 1.32x | 8.8% | ||||
25.01 | Property | CVS - Parma | 5/1/2019 | 3/1/2019 | No | 5/21/2019 | NAP | NAP | NAP | 64.7% | 1.32x | 8.8% | 64.7% | 1.32x | 8.8% | |||||||||
25.02 | Property | Walgreens - Jacksonville | 5/10/2019 | 5/21/2019 | No | 5/21/2019 | NAP | NAP | NAP | 64.7% | 1.32x | 8.8% | 64.7% | 1.32x | 8.8% | |||||||||
25.03 | Property | Walgreens - Suwanee | 5/11/2019 | 5/21/2019 | No | 5/20/2019 | NAP | NAP | NAP | 64.7% | 1.32x | 8.8% | 64.7% | 1.32x | 8.8% | |||||||||
25.04 | Property | Walgreens - Galesburg | 5/10/2019 | 5/21/2019 | No | 5/21/2019 | NAP | NAP | NAP | 64.7% | 1.32x | 8.8% | 64.7% | 1.32x | 8.8% | |||||||||
26 | Loan | Mariner Square | 2/1/2019 | 2/4/2019 | No | 2/6/2019 | NAP | NAP | NAP | Yes | Mezzanine: Combined Max LTV 75.0%, Combined Min DSCR 1.69x, Debt Yield>11.30%, Rating Agency Confirmation, Intercreditor agreement | NAP | NAP | 69.9% | 1.51x | 12.1% | NAP | 69.9% | 1.51x | 12.1% | ||||
27 | Loan | Carolina Breeze Apartments | 3/28/2019 | 4/19/2019 | No | 4/19/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 73.2% | 1.26x | 8.3% | NAP | 73.2% | 1.26x | 8.3% | ||||
28 | Loan | The Mill on Main | 5/16/2019 | 5/28/2019 | No | 5/28/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 74.1% | 1.26x | 8.1% | NAP | 74.1% | 1.26x | 8.1% | ||||
29 | Loan | Desert Marketplace | 7/20/2018 | 7/25/2018 | No | 7/27/2018 | NAP | NAP | NAP | No | NAP | $33,000,000 | NAP | 66.3% | 1.25x | 8.6% | $3,000,000 | 72.3% | 1.09x | 7.9% | ||||
30 | Loan | Blackmore Marketplace | 8/1/2019 | 8/14/2019 | No | 4/25/2019 | NAP | NAP | NAP | No | NAP | $23,100,000 | NAP | 66.8% | 1.60x | 9.6% | NAP | 66.8% | 1.60x | 9.6% | ||||
31 | (25) | Loan | Windsor Crossing | 6/7/2019 | 6/6/2019 | No | 6/6/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 64.2% | 1.51x | 8.9% | $1,500,000 | 74.6% | 1.14x | 7.6% | |||
32 | Loan | Home 2 Suites El Reno | 4/23/2019 | 5/3/2019 | No | 5/3/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 63.3% | 2.02x | 17.2% | NAP | 63.3% | 2.02x | 17.2% | ||||
33 | Loan | Holiday Inn Express & Suites Crestview South I 10 | 6/27/2019 | 7/9/2019 | No | 7/9/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 62.8% | 2.40x | 17.5% | NAP | 62.8% | 2.40x | 17.5% | ||||
34 | Loan | Laburnum Square | 5/7/2019 | 5/28/2019 | No | 5/28/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 65.5% | 1.61x | 10.8% | NAP | 65.5% | 1.61x | 10.8% | ||||
35 | Loan | Holiday Inn Express Lakeway Austin NW | 7/15/2019 | 7/29/2019 | No | 7/29/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 78.9% | 1.89x | 12.7% | NAP | 78.9% | 1.89x | 12.7% | ||||
36 | (26) | Loan | LA Fitness Douglasville | 7/30/2019 | 8/6/2019 | No | 8/6/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 58.0% | 1.60x | 9.9% | NAP | 58.0% | 1.60x | 9.9% | |||
37 | (27) | Loan | LA Fitness Coppell | 7/8/2019 | 6/21/2019 | No | 6/21/2019 | NAP | NAP | NAP | No | NAP | NAP | NAP | 56.7% | 1.60x | 10.1% | NAP | 56.7% | 1.60x | 10.1% |
CSAIL 2019-C17
FOOTNOTES TO ANNEX A-1
(1) | “Column” denotes Column Financial, Inc., “3650 REIT” denotes Grass River Real Estate Credit Partners Loan Funding, LLC, “SGFC” denotes Societe Generale Financial Corporation and “UBS AG” denotes UBS AG. |
(2) | With respect to any mortgaged property securing a multi property mortgage loan, the amounts listed under the headings Original Balance, Cut-off Date Balance and Maturity/ARD reflect the allocated loan amount related to such mortgaged property. |
(3) | Each of Loan Nos 1, 2, 3, 5, 7, 17, 18, 20, 29 and 30 are part of a whole loan related to the issuing entity. For further information, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Non-Serviced AB Whole Loans” and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans”, as applicable, in the prospectus. |
(4) | Loan No. 3, Renaissance Plano, the mortgaged property is encumbered by a building site restriction agreement with the owner of the adjacent parcel (the “Benefitted Parcel”). Such agreement imposes certain covenants and use restrictions on the mortgaged property, including (i) limiting its use to an upscale hotel (and related uses), (ii) limiting its improvements to those designated on the approved site plan for the construction of the hotel, (iii) granting the Benefitted Parcel approval rights over material remodeling and signage changes and (iv) imposing certain ongoing maintenance obligations. The lender received an estoppel certificate from the owner of the Benefitted Parcel and, among other benefits, has the right to notice and cure of any default under such agreement. |
Loan No. 14, Heights at McArthur, the mortgaged property is subject to a land use restriction agreement that requires that the multifamily rental units be “fair market rate rental housing.” In addition, the land use restriction agreement provides that no units may be used for government-subsidized housing or housing intended for low-income residents. | |
(5) | Loan No. 7, Grand Canal Shoppes, a portion of the mortgaged property, consisting of the first floor of Barneys New York and the ground floor space, is ground leased by Venetian Casino Resort, LLC, an affiliate of Las Vegas Sands Corporation, to the Borrower. The ground lease for the casino level of the Venetian portion of the mortgaged property expires in 2093. The ground lease for the casino level of the Palazzo portion of the mortgaged property expires in 2097. The annual rent for each of the foregoing ground leases is $1 and the borrower has the option to purchase each of the premises for $1 on each applicable expiration date. Additionally, the borrower, pursuant to certain commercial lease with Walgreens, ground leases an air rights parcel, which requires an annual rent payment of $600,000 for lease years one through seven, with annual escalation based on the Consumer Price Index, not to exceed 2%, and expires in 2064 with one 40-year extension option. The air rights are currently occupied by Buddy V’s Ristorante and Carlo’s Bakery. |
Loan No. 22, Jamesbridge Apartments, the mortgaged property is subject to a payment in lieu taxes agreement (“PILOT”) with the Health, Educational and Housing Facility Board (“HEHFB”), where the land was transferred by the previous owner to HEHFB in exchange for real estate tax reductions. The previous owner had a ground lease from HEHFB which was assumed by the current the borrower. The PILOT will run through October 2023 after which the borrower will be obligated to pay the full amount of property taxes that are due on the property and HEHFB will convey fee title to the borrower. The obligations of the borrower are to professionally manage and lease the property and to annually certify to HEHFB that 60% or more of the units are available to tenants earning 80% or less of area median income. | |
(6) | Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. |
Loan No. 17, Bison Portfolio, the largest tenant at the Steele Crossing property, Kohl’s, owns its respective improvements (86,584 SF, 63.2% NRA) and is subject to a ground lease. | |
Loan No. 25, Walgreens and CVS Portfolio, two borrowers own the fee interest in the CVS-Parma mortgaged property as tenants-in-common and two borrowers ground lease the leasehold interest as tenants-in-common pursuant to a ground lease. CVS, the sole tenant at the mortgaged property, is the subtenant pursuant to a sublease with leasehold borrower as sublandlord and ground leases 10,119 SF from the borrower. | |
Loan No. 30, Blackmore Marketplace, two outparcels are occupied by Buffalo Wild Wings and Koto Steakhouse pursuant to two separate ground leases from the borrower. | |
(7) | In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy including with respect to the largest five tenants at each mortgaged properties: |
Loan No. 21, 14th Street Portfolio, the sole tenant at the 2424 18th Street, Northwest mortgaged property, Wawa, is expected to take possession of its remaining space and to open for business on September 10, 2019. Wawa has not yet commenced paying rent, and will commence paying rent on the earlier of the date it opens for business or 150 days after delivery, both expected to occur in September 2019. Wawa is entitled to free rent, up to a maximum of five months, during the period for which it can have possession of the space but not commence rent. | |
(8) | With regards to all mortgage loans, the Cut-Off Date LTV Ratio and the Maturity Date LTV Ratio are based on the “as-is” Appraised Value even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met. |
Loan No. 10, Marriott Fort Collins, the Appraised Value represents the “As-Is” appraised value of $36,500,000 as of August 15, 2019. The appraiser also concluded an “Hypothetical As-Is” appraised value of $43,700,000 as of August 15, 2019, which assumes the completion of a property improvement plan at the mortgaged property totaling approximately $7,795,500 ($7,795,500 was escrowed at origination) which would result in a Cut-Off Date LTV Ratio of 59.5%. | |
Loan No. 35, Holiday Inn Express Lakeway Austin NW, the Appraised Value represents the “As-Is” appraised value of $8,000,000 as of July 15, 2019. The appraiser also concluded an stabilized appraised value of $10,000,000 as of July 15, 2021, which assumes the completion of a property improvement plan at the mortgaged property totaling approximately $1,199,002 ($1,378,852 was escrowed at origination) which would result in a stabilize LTV Ratio of 63.1%. | |
(9) | For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Review Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”). |
(10) | The classification of the lockbox and cash management types is described in the prospectus. See “Description of the Mortgage Pool—Mortgaged Property” for further details. |
(11) | The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the interest-only period during the term of the mortgage loan. |
(12) | The “L” component of the prepayment provision represents lockout payments |
The “Def” component of the prepayment provision represents defeasance payments | |
The “YM1” component of the prepayment provision represents greater of 1% of principal balance or yield maintenance payments. | |
The “O” component of the prepayment provision represents the free payments including the Maturity Date | |
(13) | With respect to Loan Nos 1, 2, 4, 6, 7, 8, 11, 17, 21, 28, 34, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance; Collateral Substitution” and “—Partial Releases” in the prospectus. |
(14) | With respect to Loan Nos. 2, 8, 13, 15, 19, 20, 21, 25, 28, 31, 32, 36 and 37, certain mortgaged properties (i) were constructed or the subject of a major renovation that was completed within 12 calendar months prior to the cut-off date and, therefore, the related mortgaged property has no or limited prior operating history, (ii) have a borrower or an affiliate under the related mortgage loan that acquired the related mortgaged property within 12 calendar months prior to the cut-off date and such borrower or affiliate was unable to provide the related mortgage loan seller with historical financial information for such acquired mortgaged property and/or (iii) are single tenant properties subject to triple-net leases with the related tenant where the related borrower did not provide the related mortgage loan seller with historical financial information for the related mortgaged property. |
(15) | With regards to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property. |
(16) | In certain cases, the data for tenants occupying multiple spaces includes square footage for all leases and is presented with the expiration date of the largest square footage expiring. |
(17) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in the prospectus for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans. |
Loan No. 20, ExchangeRight Net Leased Portfolio 28, Walgreens, the sole tenant at each of the following mortgaged properties, has the right to terminate its lease on January 31, 2033 at the Walgreens – Orland Park, IL mortgaged property; September 30, 2032 at the Walgreens – Aurora, IL mortgaged property; February 28, 2030 at the Walgreens – North Aurora, IL mortgaged property; August 31, 2033 at the Walgreens – Hammond, IN mortgaged property; August 31, 2030 at the Walgreens – Newport News, VA mortgage property; November 30, 2028 at the Walgreens – Fort Worth, TX mortgaged property; February 29, 2029 at the Walgreens – Flint, MI mortgaged property; and August 31, 2029 at the Walgreens – Peoria, IL mortgaged property. | |
Loan No. 21, 14th Street Portfolio, the largest tenant, Wawa, has the right to terminate its lease prior to completing construction and opening for business (i) if permits and approvals would increase construction cost to Wawa by more than 10% or (ii) if any permits or approvals are rescinded or revoked or any new or additional conditions are placed upon such permits or approvals after their issuance requiring a major change. | |
Loan No. 23, 3301 Windy Ridge Parkway, the second largest tenant, Fidelity National Title, has the right to terminate its lease on December 31, 2021 with twelve months’ prior notice to the landlord and payment of a termination fee. | |
Loan No. 25, Walgreens and CVS Portfolio, Walgreens, the sole tenant, at each of the Walgreens – Suwanee, Walgreens – Jacksonville and Walgreens – Galesburg mortgaged properties, has the right to terminate its lease at each such mortgaged property effective February 2027 and every five years thereafter with nine months’ notice and no termination fee. | |
Loan No. 29, Desert Marketplace, the 5th largest tenant, Walgreens, has the option to terminate its lease effective June 30, 2033, and every five years thereafter, with nine months’ notice. | |
(18) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents. |
(19) | Represents the upfront and monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents. |
(20) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. |
(21) | Loan No. 21, 14th Street Portfolio, $2,400,000 is required to be released to the borrower subject to, among other things: (i) no event of default is continuing, (ii) no cash trap event period is continuing, (iii) debt yield is greater than or equal to 8.0%, (iv) DSCR is greater than or equal to 1.20x. |
(22) | Loan No. 13, South 400, the borrower obtained an environmental insurance policy with $5,000,000 aggregate limit of liability. The policy is scheduled to expire on August 9, 2029 and names the lender as an insured party. The policy was obtained in connection with a controlled recognized environmental condition identified by the Phase I environmental site assessment, however, a Phase II report was not required. |
Loan 20 ExchangeRight Net Leased Portfolio 28, the borrower obtained an environmental insurance policy for the Pick n Save – Oconomowoc, WI and Walgreens – Flint, MI mortgaged properties. | |
(23) | Loan No. 5, APX Morristown - The whole loan amortizes based on a non-standard amortization schedule that assumes an original amortization of 360 months as set forth on Annex F to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing October 5, 2024. |
(24) | Loan No. 8, BMO Harris Office Portfolio - The mortgage loan had an initial term of 120 months and requires interest-only payments through August 1, 2024 and payments based on a 30-year amortization schedule thereafter. The anticipated repayment date is August 1, 2029 and the final maturity date is August 1, 2031. In the event the mortgage loan is not repaid in full on or before the anticipated repayment date, the interest rate will increase by 300 basis points in excess of the greater of (a) the Initial Term Interest Rate and (b) the 10-year swap yield as of August 1, 2029 plus 177 basis points and, as of the anticipated repayment date, the mortgage loan will have a remaining term of 25 months. The anticipated repayment date automatically triggers a full cash flow sweep during which all excess cash flow will be used to pay down the principal balance of the mortgage loan. |
(25) | Loan No. 31, Windsor Crossing - The whole loan amortizes based on a non-standard amortization schedule which assumes an original amortization of 360 months as set forth on Annex G to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing September 5, 2022. Unless otherwise indicated, references herein to the mortgage rate shown reflect the initial interest rate of 4.1776047%. |
(26) | Loan No. 36, LA Fitness Douglasville - The mortgage loan had an initial term of 120 months and requires interest-only payments through September 1, 2023 and payments based on a 30-year amortization schedule thereafter. The anticipated repayment date is September 1, 2029 and the final maturity date is August 1, 2034. In the event the mortgage loan is not repaid in full on or before the anticipated repayment date, the interest rate will increase by 3.0% (post-ARD additional interest rate) to 7.220% per annum and, as of the anticipated repayment date, the mortgage loan will have a remaining term of 60 months. The anticipated repayment date automatically triggers a full cash flow sweep during which all excess cash flow will be used to pay down the principal balance of the mortgage loan. |
(27) | Loan No. 37, LA Fitness Coppell - The mortgage loan had an initial term of 120 months and requires interest-only payments through August 1, 2023 and payments based on a 30-year amortization schedule thereafter. The anticipated repayment date is August 1, 2029 and the final maturity date is July 1, 2034. In the event the mortgage loan is not repaid in full on or before the anticipated repayment date, the interest rate will increase by 3.0% (post-ARD additional interest rate) to 7.390% per annum and, as of the anticipated repayment date, the mortgage loan will have a remaining term of 60 months. The anticipated repayment date automatically triggers a full cash flow sweep during which all excess cash flow will be used to pay down the principal balance of the mortgage loan. |