0001539497-19-002004.txt : 20191113 0001539497-19-002004.hdr.sgml : 20191113 20191113153659 ACCESSION NUMBER: 0001539497-19-002004 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191113 DATE AS OF CHANGE: 20191113 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CSAIL 2019-C18 Commercial Mortgage Trust CENTRAL INDEX KEY: 0001792905 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-227081-04 FILM NUMBER: 191213592 BUSINESS ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-538-1807 MAIL ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Credit Suisse Commercial Mortgage Securities Corp. CENTRAL INDEX KEY: 0001654060 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 475115713 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-538-1807 MAIL ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FWP 1 n1885_anxa1-x3.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-227081-04
     

     
     
 

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  The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2019-C18 (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.

 

 
     

 

 

 

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)
Original
Balance(2)
Cut-off Date
Balance(2)(3)
Maturity/ARD
Balance(2)
Cut-off Date
Balance per SF/Units/Rooms
Loan Purpose Sponsor
1   Loan The Met Apartments 7.5% Column Financial, Inc. Column $51,900,000 $51,900,000 $51,900,000 $108,125.00      Acquisition BREIT MF Holdings LLC
2   Loan Palm Beach Estates 6.1% Societe Generale Financial Corporation SGFC $42,375,000 $42,319,198 $38,781,100 $48,035.41      Refinance Fercan E. Kalkan
3   Loan Towne Center East 5.6% Column Financial, Inc. Column $38,550,000 $38,550,000 $38,550,000 $249.11      Acquisition BREIT Operating Partnership L.P.
4   Loan Farmers Insurance 5.3% Column Financial, Inc. Column $36,450,000 $36,450,000 $32,819,295 $135.10      Acquisition LCN North American Fund III REIT
5   Loan ILPT Industrial Portfolio 5.0% Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG $34,320,000 $34,320,000 $34,320,000 $26.12      Recapitalization Industrial Logistics Properties Trust
5.01   Property 1800 Union Airpark Boulevard       $5,929,141 $5,929,141 $5,929,141 $26.12         
5.02   Property 4237-4255 Anson Boulevard       $4,580,183 $4,580,183 $4,580,183 $26.12         
5.03   Property 5000 Commerce Way       $4,373,133 $4,373,133 $4,373,133 $26.12         
5.04   Property 5142 and 5148 North Hanley Road       $3,871,196 $3,871,196 $3,871,196 $26.12         
5.05   Property 945 Monument Drive       $3,212,402 $3,212,402 $3,212,402 $26.12         
5.06   Property 2801 Airwest Boulevard       $2,697,916 $2,697,916 $2,697,916 $26.12         
5.07   Property 20 Logistics Boulevard       $2,578,706 $2,578,706 $2,578,706 $26.12         
5.08   Property 5500 SE Delaware Ave       $2,039,123 $2,039,123 $2,039,123 $26.12         
5.09   Property 2150 Stanley Road       $1,894,815 $1,894,815 $1,894,815 $26.12         
5.10   Property 16101 Queens Court       $1,850,896 $1,850,896 $1,850,896 $26.12         
5.11   Property 5 Logistics Drive       $1,292,490 $1,292,490 $1,292,490 $26.12         
6   Loan The Sunstone Apartments 3.4% Column Financial, Inc. Column $23,500,000 $23,500,000 $23,500,000 $127,717.39      Acquisition BREIT MF Holdings LLC
7   Loan Duane Reade - Columbia University 3.0% Bayview Commercial Mortgage Finance, LLC Column $21,000,000 $21,000,000 $21,000,000 $2,665.99      Refinance S. Lawrence Davis
8   Loan United Healthcare Office 2.9% UBS AG UBS AG $20,000,000 $20,000,000 $19,111,929 $229.27      Refinance Quynh Palomino; Lloyd W. Kendall, Jr.
9   Loan Patriots Crossing Apartments 2.9% UBS AG UBS AG $20,000,000 $20,000,000 $17,342,976 $55,248.62      Refinance A. Brandon Denton; Thomas J. Floyd; Mitchell Collins
10   Loan Redwood Technology Center 2.9% UBS AG UBS AG $20,000,000 $20,000,000 $18,307,299 $236.08      Refinance Matthew T. White
11   Loan Edgewood Apartments 2.7% BSPRT CMBS Finance, LLC RREF $18,550,000 $18,499,423 $14,784,724 $70,073.57      Refinance Donald P. Kelly, Jr.
12   Loan 420 North Main Street 2.6% CIBC Inc. CIBC $17,750,000 $17,750,000 $14,561,982 $27.95      Refinance Gloria Flores Soto
13   Loan Kohl’s Plaza 2.5% BSPRT CMBS Finance, LLC RREF $17,000,000 $17,000,000 $17,000,000 $105.42      Acquisition Patrick Magee
14   Loan Crimson Retail Portfolio 2.4% UBS AG UBS AG $16,556,250 $16,556,250 $14,059,002 $104.00      Refinance/Acquisition Pamela Day
14.01   Property Little Elm       $11,013,500 $11,013,500 $9,352,288 $104.00         
14.02   Property South Plaza       $3,333,000 $3,333,000 $2,830,270 $104.00         
14.03   Property Office Depot       $1,068,750 $1,068,750 $907,546 $104.00         
14.04   Property JoAnn Fabrics       $1,141,000 $1,141,000 $968,898 $104.00         
15   Loan Presidential City 2.2% Societe Generale Financial Corporation SGFC $15,000,000 $15,000,000 $15,000,000 $115,270.94      Refinance Matthew Pestronk; Michael Pestronk
16   Loan Plaistow Center 2.2% CIBC Inc. CIBC $15,000,000 $14,978,465 $11,924,564 $113.15      Acquisition Anthony C. Grosso; Christopher Palermo
17   Loan 3100 Alvin Devane 2.0% Column Financial, Inc. Column $13,875,000 $13,875,000 $11,354,849 $197.12      Acquisition Carter F. Sackman, Sr.; James F. Hefelfinger
18   Loan Home2 Suites by Hilton Charlotte University Research Park 2.0% CIBC Inc. CIBC $13,850,000 $13,830,781 $11,085,388 $131,721.72      Acquisition Timothy Black; Thomas Black
19   Loan Rochester Portfolio 1.9% CIBC Inc. CIBC $13,100,000 $13,100,000 $11,142,556 $65.20      Refinance Aydin Yoruk; Ergun Yoruk
19.01   Property Westfall Townhomes       $4,490,000 $4,490,000 $3,819,090 $65.20         
19.02   Property Jefferson Plaza       $3,960,000 $3,960,000 $3,368,284 $65.20         
19.03   Property Saginaw Plaza       $3,150,000 $3,150,000 $2,679,317 $65.20         
19.04   Property South Winton Court       $1,500,000 $1,500,000 $1,275,865 $65.20         
20   Loan 1447 Enterprise Boulevard 1.7% BSPRT CMBS Finance, LLC RREF $11,750,000 $11,728,438 $8,591,232 $28.63      Refinance Michel Rosenberg a/k/a Michael Rosenberg
21   Loan Shabsels Fee Portfolio 1.7% UBS AG UBS AG $11,600,000 $11,600,000 $11,600,000 $34.16      Refinance Michael Shabsels; David Shabsels
21.01   Property 9 Farm Springs       $6,444,444 $6,444,444 $6,444,444 $34.16         
21.02   Property Clocktower Place       $5,155,556 $5,155,556 $5,155,556 $34.16         
22   Loan Greenfield Gateway 1.6% Societe Generale Financial Corporation SGFC $10,900,000 $10,884,183 $8,646,386 $160.75      Refinance Christopher P. Hinkson and Shannon Hinkson, as trustees of The Christopher and Shannon Hinkson Revocable Trust; Christopher P. Hinkson
23   Loan Gatlin Retail Portfolio 1.4% BSPRT CMBS Finance, LLC RREF $10,000,000 $9,971,924 $7,927,127 $73.11      Refinance Franklin Gatlin III; Franklin C. Gatlin, III, As Trustee of the Franklin C. Gatlin, III Trust, A Revocable inter vivos trust dated December 16, 2003
23.01   Property The Forum at Gateways       $6,855,941 $6,836,693 $5,434,791 $73.11         
23.02   Property Wilson Square Shopping Center       $3,144,059 $3,135,232 $2,492,335 $73.11         
24   Loan Paradise Shoppes of Summerville 1.4% Regions Bank Column $9,350,000 $9,350,000 $8,070,299 $148.89      Refinance NADG US Supermarket Anchored Fund (Canadian) Limited Partnership; NADG US Supermarket Anchored Fund (U.S.) Limited Partnership
25   Loan Wyndham - Norfolk 1.3% UBS AG UBS AG $9,000,000 $9,000,000 $9,000,000 $44,117.65      Refinance Parul Randeria
26   Loan Sharonville Plaza 1.3% UBS AG UBS AG $8,900,000 $8,887,379 $7,092,822 $64.43      Refinance Todd M. Gordon
27   Loan Bemidji Mixed Use Portfolio 1.3% Bayview Commercial Mortgage Finance, LLC Column $8,800,000 $8,788,621 $7,139,460 $97.39      Refinance Sanjay C. Patel
27.01   Property Cottage Park Townhomes       $3,640,414 $3,635,706 $2,953,476 $97.39         
27.02   Property Supreme Business Center       $2,219,252 $2,216,382 $1,800,484 $97.39         
27.03   Property 519 Anne Street Northwest       $1,680,191 $1,678,018 $1,363,143 $97.39         
27.04   Property Stonegate Studios       $1,260,143 $1,258,514 $1,022,357 $97.39         
28   Loan Home2 Suites OKC 1.3% Societe Generale Financial Corporation SGFC $8,750,000 $8,750,000 $7,099,279 $76,086.96      Refinance Kalpana N. Patel; Shaurin N. Patel
29   Loan Hy-Vee Omaha 1.2% BSPRT CMBS Finance, LLC RREF $8,250,000 $8,250,000 $8,250,000 $102.56      Refinance Edward Barkett
30   Loan Plaza at Santa Barbara 1.2% CIBC Inc. CIBC $8,200,000 $8,200,000 $7,454,279 $149.98      Refinance Richard Vetter
31   Loan Phoenix Industrial Portfolio II 1.2% UBS AG UBS AG $8,000,000 $8,000,000 $6,994,993 $28.44      Refinance Irrevocable Children’s Trust dated 7/22/91; Irrevocable Children’s Trust No. 2 dated 7/22/91
31.01   Property DuBois       $1,675,027 $1,675,027 $1,464,601 $28.44         
31.02   Property Jefferson       $1,675,027 $1,675,027 $1,464,601 $28.44         
31.03   Property Flint       $1,954,198 $1,954,198 $1,708,701 $28.44         

 

A-1-1

 

 

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)
Original
Balance(2)
Cut-off Date
Balance(2)(3)
Maturity/ARD
Balance(2)
Cut-off Date
Balance per SF/Units/Rooms
Loan Purpose Sponsor
31.04   Property Beloit       $1,692,475 $1,692,475 $1,479,857 $28.44         
31.05   Property Huntsville       $1,003,272 $1,003,272 $877,235 $28.44         
32   Loan LA Fitness Riverside 1.2% Societe Generale Financial Corporation SGFC $8,000,000 $8,000,000 $7,250,214 $177.78      Refinance Thomas Lowswick; Dale L. Petterson; The Dale L. Petterson Revocable Trust
33   Loan Cedar Trails Apartments 1.1% BSPRT CMBS Finance, LLC RREF $7,875,000 $7,875,000 $6,833,503 $65,625.00      Acquisition Corey Miller; Furqan Huda; Mathias Rickert; Patrick T. Poling; William C. Mara
34   Loan Maple Ridge Townhomes 1.1% CIBC Inc. CIBC $7,300,000 $7,300,000 $6,323,840 $140,384.62      Refinance Leonard W. Moore III
35   Loan Bassett Furniture - King of Prussia 1.0% CIBC Inc. CIBC $7,000,000 $7,000,000 $7,000,000 $388.89      Refinance Yunhai Zhang
36   Loan Villa Carmel 1.0% Societe Generale Financial Corporation SGFC $6,800,000 $6,800,000 $6,800,000 $46,896.55      Acquisition Wayne Comfort
37   Loan Osprey Cove South 1.0% UBS AG UBS AG $6,800,000 $6,790,565 $5,442,838 $29,783.18      Acquisition Grant Matthew Miller
38   Loan Del Mar Terrace Apartments 1.0% BSPRT CMBS Finance, LLC RREF $6,700,000 $6,700,000 $6,700,000 $16,007.91      Refinance Heers Family Trust dated March 16, 1983, as restated on April 28, 2017
39   Loan Palm View Estates 0.9% CIBC Inc. CIBC $6,500,000 $6,500,000 $5,660,756 $54,166.67      Refinance Michael Grabowski; Neal Grabowski
40   Loan Alma Elliot Square Shopping Center 0.9% Greystone Servicing Company LLC UBS AG $6,305,000 $6,305,000 $6,305,000 $101.43      Acquisition Investment Concepts, Inc.; George A. Chami
41   Loan West Salem MHP 0.8% BSPRT CMBS Finance, LLC RREF $5,750,000 $5,750,000 $4,715,580 $21,946.56      Refinance Sergio Mariaca; Matthew Purse; Elizabeth Mariaca-Sheard
42   Loan 4 Mountainview Terrace 0.8% UBS AG UBS AG $5,578,500 $5,563,650 $4,465,474 $86.59      Acquisition Moishe Samet
43   Loan Fairfield Inn and Suites Fredericksburg 0.8% BSPRT CMBS Finance, LLC RREF $5,500,000 $5,492,691 $4,439,260 $70,419.12      Acquisition Sushil S. Jhangiani; Dilip K. Malkani
44   Loan Allen Ridge Luxury Apartments 0.8% Bayview Commercial Mortgage Finance, LLC Column $5,500,000 $5,492,625 $4,431,575 $98,082.59      Refinance Kevin Pagliari; Leslie Pagliari
45   Loan Hampton Inn - McLeansville (Greensboro East) 0.8% UBS AG UBS AG $5,500,000 $5,492,597 $4,428,339 $70,417.91      Refinance Hiren Patel; Balkrishna Patel
46   Loan Courtyard by Marriott Secaucus 0.7% BSPRT CMBS Finance, LLC RREF $5,000,000 $4,981,802 $3,635,111 $88,960.75      Refinance Leslie Ng; Paul A. Nussbaum
47   Loan 48 Brookfield Oaks Dr 0.7% CIBC Inc. CIBC $4,850,000 $4,850,000 $3,958,326 $74.75      Acquisition William R. Elliott; Thomas E. Messier
48   Loan Studio 9Forty Apartments 0.7% Bayview Commercial Mortgage Finance, LLC Column $4,700,000 $4,700,000 $3,975,838 $195,833.33      Refinance Stephan P. Nemeth; Brian G. McCarthy; George P. Edwards, III; Andrew Pinckney; Alastair C. Pimm; Alexander N. Holt
49   Loan Erie Plaza 0.6% UBS AG UBS AG $4,200,000 $4,194,317 $3,378,223 $120.99      Refinance Isaac Gindi; Steve Botton
50   Loan 2375 South 9th Street 0.5% CIBC Inc. CIBC $3,600,000 $3,590,049 $2,862,054 $378.18      Refinance David E. Cunningham
51   Loan Delano MHP 0.5% BSPRT CMBS Finance, LLC RREF $3,400,000 $3,395,587 $2,756,548 $31,152.18      Acquisition Simcha Yisroel Obermeister; TJO 12-16 Trust
52   Loan Crunch Fitness Tuscaloosa 0.4% BSPRT CMBS Finance, LLC RREF $2,950,000 $2,939,161 $2,139,736 $69.53      Acquisition Julien Plouffe
53   Loan Anchor Danly - Ithaca 0.4% UBS AG UBS AG $2,900,000 $2,893,797 $2,406,197 $47.75      Acquisition Mark Weber
54   Loan Belle Place MHC 0.3% BSPRT CMBS Finance, LLC RREF $2,300,000 $2,300,000 $1,940,179 $22,772.28      Refinance Michael D. Hyatt; Kris A. Hodges
55   Loan Middlefield MHC 0.3% Bayview Commercial Mortgage Finance, LLC Column $2,062,500 $2,062,500 $1,761,444 $13,569.08      Acquisition Andrew S. Lanoie; Michael L. Ayala

 

A-1-2

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

            MORTGAGED PROPERTY CHARACTERISTICS      
Loan ID Footnotes Flag Deal Name Non-Recourse Carveout Guarantor   No. of
Properties
General Property Type Detailed Property Type Title
Type(4)(5)
Ground Lease
Initial Lease
Expiration Date(5)
Address
1   Loan The Met Apartments BREIT MF Holdings LLC   1 Multifamily Garden Fee NAP 2701 North Rainbow Boulevard
2   Loan Palm Beach Estates Fercan E. Kalkan   1 Multifamily Garden Fee NAP 16818 City View Place
3   Loan Towne Center East BREIT Operating Partnership L.P.   1 Retail Anchored Fee NAP 2450, 2510-2550 & 2594-2598 Cherry Avenue and 2150-2172 East Willow Street
4   Loan Farmers Insurance LCN North American Fund III REIT   1 Office Suburban Fee NAP 5665 North Kraft Lake Drive Southeast, 6300 Old 60th Street Southeast, 5600 Beechtree Lane Southeast
5   Loan ILPT Industrial Portfolio Industrial Logistics Properties Trust   11 Industrial Warehouse/Distribution Fee NAP Various
5.01   Property 1800 Union Airpark Boulevard     1 Industrial Warehouse/Distribution Fee NAP 1800 Union Airpark Boulevard
5.02   Property 4237-4255 Anson Boulevard     1 Industrial Warehouse/Distribution Fee NAP 4237-4255 Anson Boulevard
5.03   Property 5000 Commerce Way     1 Industrial Warehouse/Distribution Fee NAP 5000 Commerce Way
5.04   Property 5142 and 5148 North Hanley Road     1 Industrial Warehouse/Distribution Fee NAP 5142 and 5148 North Hanley Road
5.05   Property 945 Monument Drive     1 Industrial Warehouse/Distribution Fee NAP 945 Monument Drive
5.06   Property 2801 Airwest Boulevard     1 Industrial Warehouse/Distribution Fee NAP 2801 Airwest Boulevard
5.07   Property 20 Logistics Boulevard     1 Industrial Warehouse/Distribution Fee NAP 20 Logistics Boulevard
5.08   Property 5500 SE Delaware Ave     1 Industrial Warehouse/Distribution Fee NAP 5500 Southeast Delaware Avenue
5.09   Property 2150 Stanley Road     1 Industrial Warehouse/Distribution Fee NAP 2150 Stanley Road
5.10   Property 16101 Queens Court     1 Industrial Warehouse/Distribution Fee NAP 16101 Queens Court
5.11   Property 5 Logistics Drive     1 Industrial Warehouse/Distribution Fee NAP 5 Logistics Drive
6   Loan The Sunstone Apartments BREIT MF Holdings LLC   1 Multifamily Garden Fee NAP 9353 West Twain Avenue
7   Loan Duane Reade - Columbia University S. Lawrence Davis   1 Retail Single Tenant Fee NAP 545 West 111th Street
8   Loan United Healthcare Office Quynh Palomino; Lloyd W. Kendall, Jr.   1 Office Suburban Fee NAP 2716 North Tenaya Way
9   Loan Patriots Crossing Apartments A. Brandon Denton; Thomas J. Floyd; Mitchell Collins   1 Multifamily Garden Fee NAP 7103 Yorktown Road
10   Loan Redwood Technology Center Matthew T. White   1 Mixed Use Office/Retail Fee NAP 1383 and 1385 North McDowell Avenue, 1201 Redwood Way
11   Loan Edgewood Apartments Donald P. Kelly, Jr.   1 Multifamily Garden Fee NAP 4949 Stumberg Lane
12   Loan 420 North Main Street Gloria Flores Soto   1 Industrial Warehouse Fee NAP 420 North Main Street
13   Loan Kohl’s Plaza Patrick Magee   1 Retail Anchored Fee NAP 214-256 East Route 59
14   Loan Crimson Retail Portfolio Pamela Day   4 Retail Various Fee NAP Various
14.01   Property Little Elm     1 Retail Anchored Fee NAP 2700 East Eldorado Parkway
14.02   Property South Plaza     1 Retail Anchored Fee NAP 1230 South Broad Street
14.03   Property Office Depot     1 Retail Single Tenant Fee NAP 3045 Atlanta Highway
14.04   Property JoAnn Fabrics     1 Retail Single Tenant Fee NAP 3055 Atlanta Highway
15   Loan Presidential City Matthew Pestronk; Michael Pestronk   1 Multifamily High Rise Fee NAP 3800, 3850 and 3950 City Avenue, 3600 Neill Drive
16   Loan Plaistow Center Anthony C. Grosso; Christopher Palermo   1 Retail Anchored Fee NAP 5 Plaistow Road
17   Loan 3100 Alvin Devane Carter F. Sackman, Sr.; James F. Hefelfinger   1 Office Suburban Fee NAP 3100 Alvin Devane Boulevard
18   Loan Home2 Suites by Hilton Charlotte University Research Park Timothy Black; Thomas Black   1 Hotel Extended Stay Fee NAP 625 McCullough Drive
19   Loan Rochester Portfolio Aydin Yoruk; Ergun Yoruk   4 Various Various Fee NAP Various
19.01   Property Westfall Townhomes     1 Multifamily Garden Fee NAP 420 Westfall Road
19.02   Property Jefferson Plaza     1 Retail Unanchored Fee NAP 376 Jefferson Road
19.03   Property Saginaw Plaza     1 Mixed Use Retail/Office Fee NAP 1425 Jefferson Road
19.04   Property South Winton Court     1 Office Suburban Fee NAP 3136 Winton Road South
20   Loan 1447 Enterprise Boulevard Michel Rosenberg a/k/a Michael Rosenberg   1 Industrial Manufacturing Fee NAP 1447 Enterprise Boulevard
21   Loan Shabsels Fee Portfolio Michael Shabsels; David Shabsels   2 Other Leased Fee Fee NAP Various
21.01   Property 9 Farm Springs     1 Other Leased Fee Fee NAP 9 Farm Springs Road
21.02   Property Clocktower Place     1 Other Leased Fee Fee NAP 11200-11314 West Florissant Avenue
22   Loan Greenfield Gateway Christopher P. Hinkson and Shannon Hinkson, as trustees of The Christopher and Shannon Hinkson Revocable Trust; Christopher P. Hinkson   1 Retail Anchored Fee NAP 1728 and 1762 South Greenfield Road
23   Loan Gatlin Retail Portfolio Franklin Gatlin III; Franklin C. Gatlin, III, As Trustee of the Franklin C. Gatlin, III Trust, A Revocable inter vivos trust dated December 16, 2003   2 Retail Anchored Fee NAP Various
23.01   Property The Forum at Gateways     1 Retail Anchored Fee NAP 44575 Mound Road
23.02   Property Wilson Square Shopping Center     1 Retail Anchored Fee NAP 6855 Wilson Boulevard
24   Loan Paradise Shoppes of Summerville NADG US Supermarket Anchored Fund (Canadian) Limited Partnership; NADG US Supermarket Anchored Fund (U.S.) Limited Partnership   1 Retail Anchored Fee NAP 1559-1585 Central Avenue
25   Loan Wyndham - Norfolk Parul Randeria   1 Hotel Full Service Fee NAP 700 Monticello Avenue
26   Loan Sharonville Plaza Todd M. Gordon   1 Retail Anchored Fee NAP 11973 Lebanon Road
27   Loan Bemidji Mixed Use Portfolio Sanjay C. Patel   4 Various Various Fee NAP Various
27.01   Property Cottage Park Townhomes     1 Multifamily Garden Fee NAP 3001 Goldencrest Court Northwest
27.02   Property Supreme Business Center     1 Mixed Use Office/Retail Fee NAP 677 Anne Street Northwest
27.03   Property 519 Anne Street Northwest     1 Mixed Use Office/Retail Fee NAP 519 Anne Street Northwest
27.04   Property Stonegate Studios     1 Multifamily Garden Fee NAP 1910 Norton Avenue Northwest
28   Loan Home2 Suites OKC Kalpana N. Patel; Shaurin N. Patel   1 Hotel Extended Stay Fee NAP 4311 Southwest 15th Street
29   Loan Hy-Vee Omaha Edward Barkett   1 Retail Single Tenant Fee NAP 17810 Welch Plaza
30   Loan Plaza at Santa Barbara Richard Vetter   1 Retail Unanchored Fee NAP 5555 Golden Gate Parkway
31   Loan Phoenix Industrial Portfolio II Irrevocable Children’s Trust dated 7/22/91; Irrevocable Children’s Trust No. 2 dated 7/22/91   5 Industrial Various Fee NAP Various
31.01   Property DuBois     1 Industrial Warehouse Fee NAP 851-891 Beaver Drive
31.02   Property Jefferson     1 Industrial Warehouse Fee NAP 351 Collins Road
31.03   Property Flint     1 Industrial Manufacturing Fee NAP 4444 West Maple Avenue

 

A-1-3

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                       
            MORTGAGED PROPERTY CHARACTERISTICS      
Loan ID Footnotes Flag Deal Name Non-Recourse Carveout Guarantor   No. of
Properties
General Property Type Detailed Property Type Title
Type(4)(5)
Ground Lease
Initial Lease
Expiration Date(5)
Address
31.04   Property Beloit     1 Industrial Warehouse Fee NAP 1 Reynolds Drive
31.05   Property Huntsville     1 Industrial Warehouse Fee NAP 1000 James Record Road
32   Loan LA Fitness Riverside Thomas Loeswick; Dale L. Petterson; The Dale L. Petterson Revocable Trust   1 Retail Single Tenant Fee NAP 2600 Canyon Springs Parkway
33   Loan Cedar Trails Apartments Corey Miller; Furqan Huda; Mathias Rickert; Patrick T. Poling; William C. Mara   1 Multifamily Garden Fee NAP 3700 McDonald Road
34   Loan Maple Ridge Townhomes Leonard W. Moore III   1 Multifamily Garden Fee NAP 100-155 East Maple Ridge Court
35   Loan Bassett Furniture - King of Prussia Yunhai Zhang   1 Retail Single Tenant Fee NAP 611 West Dekalb Pike
36   Loan Villa Carmel Wayne Comfort   1 Manufactured Housing Community Manufactured Housing Community Fee NAP 16205, 16225, and 16251 North Cave Creek Road
37   Loan Osprey Cove South Grant Matthew Miller   1 Multifamily Garden Fee NAP 1832 Wilmington Highway
38   Loan Del Mar Terrace Apartments Heers Family Trust dated March 16, 1983, as restated on April 28, 2017   1 Multifamily Garden Fee NAP 7007 West Indian School Road
39   Loan Palm View Estates Michael Grabowski; Neal Grabowski   1 Manufactured Housing Community Manufactured Housing Community Fee NAP 64550 Pierson Boulevard
40   Loan Alma Elliot Square Shopping Center Investment Concepts, Inc.; George A. Chami   1 Retail Shadow Anchored Fee NAP 935-985 West Elliot Road
41   Loan West Salem MHP Sergio Mariaca; Matthew Purse; Elizabeth Mariaca-Sheard   1 Manufactured Housing Community Manufactured Housing Community Fee NAP 800 West Avenue North
42   Loan 4 Mountainview Terrace Moishe Samet   1 Office Suburban Fee NAP 4 Mountainview Road
43   Loan Fairfield Inn and Suites Fredericksburg Sushil S. Jhangiani; Dilip K. Malkani   1 Hotel Limited Service Fee NAP 513 Friendship Lane
44   Loan Allen Ridge Luxury Apartments Kevin Pagliari; Leslie Pagliari   1 Multifamily Garden Fee NAP 1412 Chestnut Ridge Circle
45   Loan Hampton Inn - McLeansville (Greensboro East) Hiren Patel; Balkrishna Patel   1 Hotel Limited Service Fee NAP 903 Knox Road
46   Loan Courtyard by Marriott Secaucus Leslie Ng; Paul A. Nussbaum   1 Hotel Limited Service Leasehold 6/28/2037 455 Harmon Meadow Boulevard
47   Loan 48 Brookfield Oaks Dr William R. Elliott; Thomas E. Messier   1 Industrial Flex Fee NAP 48 Brookfield Oaks Drive
48   Loan Studio 9Forty Apartments Stephan P. Nemeth; Brian G. McCarthy; George P. Edwards, III; Andrew Pinckney; Alastair C. Pimm; Alexander N. Holt   1 Multifamily Garden Fee NAP 940 Piedmont Avenue Northeast
49   Loan Erie Plaza Isaac Gindi; Steven Botton; Noah Gindi   1 Retail Anchored Fee NAP 1240 East Erie Avenue
50   Loan 2375 South 9th Street David E. Cunningham   1 Retail Unanchored Fee NAP 2375 South 9th Street
51   Loan Delano MHP Simcha Yisroel Obermeister; TJO 12-16 Trust   1 Manufactured Housing Community Manufactured Housing Community Fee NAP 4 Dom Drive
52   Loan Crunch Fitness Tuscaloosa Julien Plouffe   1 Retail Single Tenant Fee NAP 3325 Mcfarland Boulevard East
53   Loan Anchor Danly - Ithaca Mark Weber   1 Industrial Manufacturing Fee NAP 255 Industrial Parkway
54   Loan Belle Place MHC Michael D. Hyatt; Kris A. Hodges   1 Manufactured Housing Community Manufactured Housing Community Fee NAP 600 Saint Nazaire Road
55   Loan Middlefield MHC Andrew S. Lanoie; Michael L. Ayala   1 Manufactured Housing Community Manufactured Housing Community Fee NAP 15871 Adams Road

 

A-1-4

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        MORTGAGED PROPERTY CHARACTERISTICS             MORTGAGE LOAN CHARACTERISTICS          
Loan ID Footnotes Flag Deal Name 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)
  Interest Rate % Admin Fee
Rate %(9)
Net Mortgage Rate % Interest
Accrual  
Basis
Seasoning
(mos.)
ARD
(Yes/No)(10)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
1   Loan The Met Apartments Las Vegas Clark NV 89108 1990 2018-2019 480 Units 91.9% 10/28/2019 $77,800,000 10/10/2019   3.3910% 0.01575% 3.37525% Actual/360 1 No 120 119
2   Loan Palm Beach Estates Houston Harris TX 77060 1977 2017 881 Units 97.2% 10/10/2019 $66,200,000 09/23/2019   4.5000% 0.01575% 4.48425% Actual/360 1 No 60 59
3   Loan Towne Center East Signal Hill Los Angeles CA 90755 1992-1994 NAP 154,750 Square Feet 100.0% 10/1/2019 $61,000,000 8/27/2019   3.1150% 0.01575% 3.09925% Actual/360 2 No 120 118
4   Loan Farmers Insurance Caledonia Township Kent MI 49316 1990, 1998, 2010 NAP 713,935 Square Feet 100.0% 8/27/2019 $151,200,000 8/6/2019   3.5500% 0.01575% 3.53425% Actual/360 3 No 120 117
5   Loan ILPT Industrial Portfolio Various Various Various Various Various Various 8,209,036 Square Feet 100.0% 9/1/2019 $547,000,000 Various   2.6533% 0.01700% 2.63626% Actual/360 1 No 120 119
5.01   Property 1800 Union Airpark Boulevard Union Montgomery OH 45377 2014 NAP 1,791,246 Square Feet 100.0% 9/1/2019 $94,500,000 7/15/2019                  
5.02   Property 4237-4255 Anson Boulevard Whitestown Boone IN 46075 2006 2011 1,036,573 Square Feet 100.0% 9/1/2019 $73,000,000 7/16/2019                  
5.03   Property 5000 Commerce Way Petersburg Dinwiddie VA 23803 2012 NAP 1,016,065 Square Feet 100.0% 9/1/2019 $69,700,000 7/18/2019                  
5.04   Property 5142 and 5148 North Hanley Road St. Louis St. Louis MO 63134 2016 NAP 430,986 Square Feet 100.0% 9/1/2019 $61,700,000 7/15/2019                  
5.05   Property 945 Monument Drive Lebanon Boone IN 46052 2014 2015 962,500 Square Feet 100.0% 9/1/2019 $51,200,000 7/16/2019                  
5.06   Property 2801 Airwest Boulevard Plainfield Hendricks IN 46168 2001 2006 804,586 Square Feet 100.0% 9/1/2019 $43,000,000 7/16/2019                  
5.07   Property 20 Logistics Boulevard Walton Boone KY 41094 2006 NAP 603,586 Square Feet 100.0% 9/1/2019 $41,100,000 7/15/2019                  
5.08   Property 5500 SE Delaware Ave Ankeny Polk IA 50021 2012 2019 644,104 Square Feet 100.0% 9/1/2019 $32,500,000 7/23/2019                  
5.09   Property 2150 Stanley Road Plainfield Hendricks IN 46168 2007 NAP 493,500 Square Feet 100.0% 9/1/2019 $30,200,000 7/16/2019                  
5.10   Property 16101 Queens Court Upper Marlboro Prince George’s MD 20774 2016 NAP 220,800 Square Feet 100.0% 9/1/2019 $29,500,000 7/16/2019                  
5.11   Property 5 Logistics Drive Carlisle Cumberland PA 17013 2016 NAP 205,090 Square Feet 100.0% 9/1/2019 $20,600,000 7/16/2019                  
6   Loan The Sunstone Apartments Las Vegas Clark NV 89147 1998 2018-2019 184 Units 95.7% 10/28/2019 $37,000,000 10/10/2019   3.3910% 0.01575% 3.37525% Actual/360 1 No 120 119
7   Loan Duane Reade - Columbia University New York New York NY 10025 1930 2012 7,877 Square Feet 100.0% 10/30/2019 $31,000,000 9/13/2019   4.2030% 0.01575% 4.18725% Actual/360 1 No 120 119
8   Loan United Healthcare Office Las Vegas Clark NV 89128 1998 2016 204,123 Square Feet 100.0% 9/30/2019 $70,200,000 8/23/2019   4.9795% 0.01575% 4.96373% Actual/360 2 No 60 58
9   Loan Patriots Crossing Apartments Louisville Jefferson KY 40214 1970-1972 2016-2019 362 Units 97.0% 9/26/2019 $27,600,000 8/14/2019   4.1000% 0.01575% 4.08425% Actual/360 2 No 120 118
10   Loan Redwood Technology Center Petaluma Sonoma CA 94954 2007-2014 NAP 154,611 Square Feet 94.1% 7/31/2019 $51,000,000 10/8/2019   4.5220% 0.01575% 4.50625% Actual/360 1 No 120 119
11   Loan Edgewood Apartments Baton Rouge East Baton Rouge LA 70816 1985 NAP 264 Units 90.2% 9/30/2019 $25,700,000 8/20/2019   4.0900% 0.05575% 4.03425% Actual/360 2 No 120 118
12   Loan 420 North Main Street Montgomery Kane IL 60538 1905 2019 634,968 Square Feet 92.5% 10/1/2019 $25,500,000 10/9/2019   4.0600% 0.01575% 4.04425% Actual/360 0 No 120 120
13   Loan Kohl’s Plaza Nanuet Rockland NY 10954 1974 2002 161,263 Square Feet 97.8% 9/19/2019 $28,100,000 9/13/2019   4.5000% 0.01575% 4.48425% Actual/360 1 No 120 119
14   Loan Crimson Retail Portfolio Various Various Various Various Various Various 318,378 Square Feet 95.5% 9/1/2019 $45,700,000 Various   3.7860% 0.01575% 3.77025% Actual/360 1 No 120 119
14.01   Property Little Elm Little Elm Denton TX 75068 2007 NAP 149,654 Square Feet 94.7% 9/1/2019 $30,400,000 9/16/2019                  
14.02   Property South Plaza Brooksville Hernando FL 34601 1974, 1977, 1980 NAP 127,224 Square Feet 95.0% 9/1/2019 $9,200,000 9/16/2019                  
14.03   Property Office Depot Athens Clarke GA 30606 2003 NAP 20,000 Square Feet 100.0% 9/1/2019 $2,950,000 9/13/2019                  
14.04   Property JoAnn Fabrics Athens Clarke GA 30606 2003 2019 21,500 Square Feet 100.0% 9/1/2019 $3,150,000 9/13/2019                  
15   Loan Presidential City Philadelphia Philadelphia PA 19131 1952 2017 1,015 Units 94.5% 7/26/2019 $380,000,000 8/29/2019   3.4982% 0.01575% 3.48241% Actual/360 3 No 120 117
16   Loan Plaistow Center Plaistow Rockingham NH 03865 1972 2018 132,380 Square Feet 92.8% 10/8/2019 $20,200,000 8/14/2019   4.0200% 0.07575% 3.94425% Actual/360 1 No 120 119
17   Loan 3100 Alvin Devane Austin Travis TX 78741 1986 2015 70,388 Square Feet 100.0% 6/1/2019 $18,500,000 9/26/2019   3.9840% 0.01575% 3.96825% Actual/360 1 No 120 119
18   Loan Home2 Suites by Hilton Charlotte University Research Park Charlotte Mecklenburg NC 28262 2016 NAP 105 Rooms 80.6% 6/30/2019 $19,800,000 8/26/2019   4.2100% 0.07575% 4.13425% Actual/360 1 No 120 119
19   Loan Rochester Portfolio Rochester Monroe NY Various Various Various Various Various Various Various $24,725,000 8/28/2019   4.3500% 0.07575% 4.27425% Actual/360 1 No 120 119
19.01   Property Westfall Townhomes Rochester Monroe NY 14620 2008-2012 2018 41 Units 100.0% 9/1/2019 $6,225,000 8/28/2019                  
19.02   Property Jefferson Plaza Rochester Monroe NY 14623 1991 2013 65,882 Square Feet 100.0% 10/1/2019 $8,600,000 8/28/2019                  
19.03   Property Saginaw Plaza Rochester Monroe NY 14623 1985 2019 40,426 Square Feet 90.4% 10/1/2019 $4,500,000 8/28/2019                  
19.04   Property South Winton Court Rochester Monroe NY 14623 1987 2017 48,272 Square Feet 72.7% 10/1/2019 $5,400,000 8/28/2019                  
20   Loan 1447 Enterprise Boulevard Kinston Lenoir NC 28504 1994 NAP 409,695 Square Feet 100.0% 10/22/2019 $17,100,000 10/14/2019   4.4000% 0.01575% 4.38425% Actual/360 1 No 120 119
21   Loan Shabsels Fee Portfolio Various Various Various Various Various Various 339,606 Square Feet 95.0% Various $16,200,000 Various   5.0000% 0.01575% 4.98425% Actual/360 1 No 120 119
21.01   Property 9 Farm Springs Farmington Hartford CT 06032 1980 2017 132,289 Square Feet 100.0% 6/1/2019 $9,000,000 6/18/2019                  
21.02   Property Clocktower Place Florissant St. Louis MO 63033 1987 NAP 207,317 Square Feet 89.8% 10/9/2019 $7,200,000 6/13/2019                  
22   Loan Greenfield Gateway Mesa Maricopa AZ 85026 2005 2018 67,709 Square Feet 95.2% 10/22/2019 $19,500,000 04/18/2019   3.9600% 0.01575% 3.94425% Actual/360 1 No 120 119
23   Loan Gatlin Retail Portfolio Various Various Various Various Various Various 324,261 Square Feet 87.6% Various $30,950,000 Various   3.9400% 0.01575% 3.92425% Actual/360 2 No 120 118
23.01   Property The Forum at Gateways Sterling Heights Macomb MI 48314 1998-1999 2002 256,212 Square Feet 85.4% 7/31/2019 $21,750,000 7/25/2019                  
23.02   Property Wilson Square Shopping Center Jacksonville Duval FL 32210 1987 2013;2019 68,049 Square Feet 96.9% 8/16/2019 $9,200,000 8/14/2019                  
24   Loan Paradise Shoppes of Summerville Summerville Dorchester SC 29483 2006 NAP 62,797 Square Feet 97.8% 9/1/2019 $13,400,000 8/6/2019   3.9100% 0.01575% 3.89425% Actual/360 2 No 120 118
25   Loan Wyndham - Norfolk Norfolk Norfolk VA 23510 1951 2016 204 Rooms 72.3% 8/31/2019 $20,500,000 8/14/2019   4.2310% 0.01575% 4.21525% Actual/360 1 No 120 119
26   Loan Sharonville Plaza Sharonville Hamilton OH 45241 1978, 2015, 2019 2004, 2009, 2018 137,943 Square Feet 98.3% 9/1/2019 $11,300,000 8/28/2019   4.0890% 0.07575% 4.01325% Actual/360 1 No 120 119
27   Loan Bemidji Mixed Use Portfolio Bemidji Beltrami MN 56601 Various NAP Various Various 100.0% 10/1/2019 $12,570,000 9/5/2019   4.6000% 0.01575% 4.58425% Actual/360 1 No 120 119
27.01   Property Cottage Park Townhomes Bemidji Beltrami MN 56601 1997 NAP 48 Units 100.0% 10/1/2019 $5,200,000 9/5/2019                  
27.02   Property Supreme Business Center Bemidji Beltrami MN 56601 2006 NAP 18,900 Square Feet 100.0% 10/1/2019 $3,170,000 9/5/2019                  
27.03   Property 519 Anne Street Northwest Bemidji Beltrami MN 56601 2003 NAP 15,000 Square Feet 100.0% 10/1/2019 $2,400,000 9/5/2019                  
27.04   Property Stonegate Studios Bemidji Beltrami MN 56601 2015 NAP 26 Units 100.0% 10/1/2019 $1,800,000 9/5/2019                  
28   Loan Home2 Suites OKC Oklahoma City Oklahoma OK 73108 2017 NAP 115 Rooms 76.0% 8/31/2019 $13,700,000 09/17/2019   4.6000% 0.01575% 4.58425% Actual/360 0 No 120 120
29   Loan Hy-Vee Omaha Omaha Douglas NE 68135 2003 2016 80,444 Square Feet 100.0% 10/1/2019 $12,200,000 9/17/2019   4.3700% 0.01575% 4.35425% Actual/360 1 No 120 119
30   Loan Plaza at Santa Barbara Naples Collier FL 34116 1985 2011 54,674 Square Feet 91.2% 4/23/2019 $13,300,000 5/2/2019   4.1000% 0.01575% 4.08425% Actual/360 0 No 120 120
31   Loan Phoenix Industrial Portfolio II Various Various Various Various Various Various 2,390,648 Square Feet 99.5% 9/6/2019 $91,700,000 Various   4.4500% 0.01575% 4.43425% Actual/360 2 No 120 118
31.01   Property DuBois DuBois Pennsylvania PA 15801 1961 & 1988 1988 612,800 Square Feet 100.0% 9/6/2019 $19,200,000 8/16/2019                  
31.02   Property Jefferson Jefferson Jefferson WI 53549 1995-2014 NAP 591,840 Square Feet 100.0% 9/6/2019 $19,200,000 8/12/2019                  
31.03   Property Flint Flint Genesee MI 48507 2006 NAP 460,000 Square Feet 100.0% 9/6/2019 $22,400,000 8/8/2019                  

 

A-1-5

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

                                                 
        MORTGAGED PROPERTY CHARACTERISTICS                     MORTGAGE LOAN CHARACTERISTICS          
Loan ID Footnotes Flag Deal Name 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)
  Interest Rate % Admin Fee
Rate %(9)
Net Mortgage Rate % Interest
Accrual  
Basis
Seasoning
(mos.)
ARD
(Yes/No)(10)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
31.04   Property Beloit Beloit Rock WI 53511 1974 2011 413,903 Square Feet 100.0% 9/6/2019 $19,400,000 8/12/2019                  
31.05   Property Huntsville Huntsville Madison AL 35724 1976 2017 312,105 Square Feet 95.9% 9/6/2019 $11,500,000 8/19/2019                  
32   Loan LA Fitness Riverside Riverside Riverside CA 92507 2006 NAP 45,000 Square Feet 100.0% 10/1/2019 $14,600,000 09/24/2019   3.9200% 0.05575% 3.86425% Actual/360 0 Yes 120 120
33   Loan Cedar Trails Apartments Tyler Smith TX 75701 1984 NAP 120 Units 94.1% 10/7/2019 $10,500,000 9/26/2019   4.1300% 0.01575% 4.11425% Actual/360 1 No 120 119
34   Loan Maple Ridge Townhomes Midlothian Ellis TX 76065 2017 NAP 52 Units 96.2% 8/17/2019 $10,840,000 9/3/2019   4.0600% 0.01575% 4.04425% Actual/360 1 No 120 119
35   Loan Bassett Furniture - King of Prussia King of Prussia Montgomery PA 19406 2017 NAP 18,000 Square Feet 100.0% 11/1/2019 $11,900,000 9/23/2019   4.3900% 0.01575% 4.37425% Actual/360 1 No 60 59
36   Loan Villa Carmel Phoenix Maricopa AZ 85032 1970 NAP 145 Pads 89.7% 10/08/2019 $11,260,000 10/10/2019   4.4100% 0.01575% 4.39425% Actual/360 1 No 120 119
37   Loan Osprey Cove South Jacksonville Onslow NC 28540 1969 2019 228 Units 96.5% 9/16/2019 $9,600,000 9/17/2019   4.2110% 0.01575% 4.19525% Actual/360 1 No 120 119
38   Loan Del Mar Terrace Apartments Phoenix Maricopa AZ 85033 1985 NAP 1,012 Units 96.6% 6/17/2019 $99,900,000 6/7/2019   2.9000% 0.01700% 2.88300% Actual/360 5 No 120 115
39   Loan Palm View Estates Desert Hot Springs Riverside CA 92240 1972 2018 120 Units 71.7% 10/1/2019 $9,270,000 8/15/2019   4.2800% 0.01575% 4.26425% Actual/360 0 No 120 120
40   Loan Alma Elliot Square Shopping Center Chandler Maricopa AZ 85225 1985 NAP 62,164 Square Feet 62.0% 9/6/2019 $9,700,000 8/19/2019   4.4500% 0.01575% 4.43425% Actual/360 3 No 120 117
41   Loan West Salem MHP West Salem La Crosse WI 54669 1970 NAP 262 Pads 97.7% 9/20/2019 $8,620,000 9/18/2019   4.0500% 0.01575% 4.03425% Actual/360 1 No 120 119
42   Loan 4 Mountainview Terrace Danbury Fairfield CT 06810 1981 NAP 64,255 Square Feet 81.0% 8/1/2019 $8,000,000 9/5/2019   4.2115% 0.01575% 4.19575% Actual/360 2 No 120 118
43   Loan Fairfield Inn and Suites Fredericksburg Fredericksburg Gillespie TX 78624 2015 NAP 78 Rooms 64.0% 8/31/2019 $8,200,000 9/15/2019   4.4500% 0.01575% 4.43425% Actual/360 1 No 120 119
44   Loan Allen Ridge Luxury Apartments Greenville Pitt NC 27834 2008-2010, 2012 NAP 56 Units 100.0% 9/20/2019 $8,600,000 7/27/2019   4.4000% 0.01575% 4.38425% Actual/360 1 No 120 119
45   Loan Hampton Inn - McLeansville (Greensboro East) McLeansville Guilford NC 27301 2000 2018 78 Rooms 62.9% 8/31/2019 $9,400,000 9/19/2019   4.3790% 0.01575% 4.36325% Actual/360 1 No 120 119
46   Loan Courtyard by Marriott Secaucus Secaucus
Hudson
NJ 07094 1989 2019 168 Rooms 75.5% 7/31/2019 $25,500,000 8/1/2019   4.2500% 0.01575% 4.23425% Actual/360 2 No 120 118
47   Loan 48 Brookfield Oaks Dr Greenville Greenville SC 29607 2007 NAP 64,880 Square Feet 100.0% 10/1/2019 $7,000,000 8/22/2019   3.9000% 0.09575% 3.80425% Actual/360 1 No 120 119
48   Loan Studio 9Forty Apartments Atlanta Fulton GA 30309 1924 2019 24 Units 100.0% 8/14/2019 $6,300,000 7/22/2019   4.1500% 0.01575% 4.13425% Actual/360 3 No 120 117
49   Loan Erie Plaza Philadelphia Philadelphia PA 19124 1978 2005, 2019 34,667 Square Feet 100.0% 7/23/2019 $5,700,000 7/3/2019   4.3500% 0.01575% 4.33425% Actual/360 1 No 120 119
50   Loan 2375 South 9th Street Salina Saline KS 67401 2018 NAP 9,493 Square Feet 100.0% 7/2/2019 $5,400,000 8/31/2019   4.0200% 0.01575% 4.00425% Actual/360 2 No 120 118
51   Loan Delano MHP Monticello Sullivan NY 12701 1951 NAP 109 Pads 82.6% 10/3/2019 $4,990,000 10/25/2019   4.5800% 0.01575% 4.56425% Actual/360 1 No 120 119
52   Loan Crunch Fitness Tuscaloosa Tuscaloosa Tuscaloosa AL 35405 2013 2018 42,274 Square Feet 100.0% 9/24/2019 $4,450,000 9/4/2019   4.1900% 0.01575% 4.17425% Actual/360 2 No 120 118
53   Loan Anchor Danly - Ithaca Ithaca Gratiot MI 48847 1983 1999 60,597 Square Feet 100.0% 12/6/2019 $5,480,000 9/23/2019   5.2800% 0.01575% 5.26425% Actual/360 2 No 120 118
54   Loan Belle Place MHC Broussard Lafayette LA 70518 1975 2008 101 Pads 100.0% 9/26/2019 $3,350,000 10/8/2019   4.0500% 0.01575% 4.03425% Actual/360 1 No 120 119
55   Loan Middlefield MHC Middlefield Geauga OH 44062 1970 NAP 152 Pads 82.2% 8/6/2019 $3,340,000 7/2/2019   4.5000% 0.01575% 4.48425% Actual/360 3 No 120 117

 

A-1-6

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN CHARACTERISTICS                                        
Loan ID Footnotes Flag Deal Name 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(11) 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)(12)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio(8)
Maturity Date LTV Ratio(8)
1   Loan The Met Apartments 120 119 0 0 10/30/2019 12/1/2019 NAP 11/1/2029 11/1/2029 NAP $148,697.70 NAP $1,784,372 Soft Springing No Group A NAP 2.32x NAP 2.25x 66.7% 66.7%
2   Loan Palm Beach Estates 0 0 360 359 11/01/2019 12/01/2019 NAP 11/01/2024 11/01/2024 $214,707.90 NAP $2,576,495 NAP Soft Springing No No 1.87x NAP 1.78x NAP 63.9% 58.6%
3   Loan Towne Center East 120 118 0 0 9/27/2019 11/1/2019 NAP 10/1/2029 10/1/2029 NAP $101,459.23 NAP $1,217,511 Hard Springing No Group A NAP 2.98x NAP 2.80x 63.2% 63.2%
4   Loan Farmers Insurance 60 57 360 360 8/27/2019 10/9/2019 10/9/2024 9/9/2029 9/9/2029 $164,695.83 $109,328.91 $1,976,350 $1,311,947 Hard In-Place No No 1.85x 2.79x 1.82x 2.75x 63.8% 57.4%
5   Loan ILPT Industrial Portfolio 120 119 0 0 10/21/2019 12/7/2019 NAP 11/7/2029 11/7/2029 NAP $76,937.17 NAP $923,246 Hard Springing No No NAP 5.52x NAP 5.05x 39.2% 39.2%
5.01   Property 1800 Union Airpark Boulevard                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.02   Property 4237-4255 Anson Boulevard                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.03   Property 5000 Commerce Way                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.04   Property 5142 and 5148 North Hanley Road                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.05   Property 945 Monument Drive                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.06   Property 2801 Airwest Boulevard                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.07   Property 20 Logistics Boulevard                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.08   Property 5500 SE Delaware Ave                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.09   Property 2150 Stanley Road                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.10   Property 16101 Queens Court                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
5.11   Property 5 Logistics Drive                                   NAP 5.52x NAP 5.05x 39.2% 39.2%
6   Loan The Sunstone Apartments 120 119 0 0 10/30/2019 12/1/2019 NAP 11/1/2029 11/1/2029 NAP $67,329.40 NAP $807,953 Soft Springing No Group A NAP 2.20x NAP 2.14x 63.5% 63.5%
7   Loan Duane Reade - Columbia University 120 119 0 0 10/30/2019 12/6/2019 NAP 11/6/2029 11/6/2029 NAP $74,574.06 NAP $894,889 Hard Springing No No NAP 1.59x NAP 1.58x 67.7% 67.7%
8   Loan United Healthcare Office 24 22 360 360 10/4/2019 11/6/2019 11/6/2021 10/6/2024 10/6/2024 $107,113.65 $84,143.99 $1,285,364 $1,009,728 Hard Springing No No 1.58x 2.02x 1.56x 1.99x 66.7% 63.7%
9   Loan Patriots Crossing Apartments 36 34 360 360 10/4/2019 11/6/2019 11/6/2022 10/6/2029 10/6/2029 $96,639.67 $69,282.41 $1,159,676 $831,389 Springing Springing No No 1.69x 2.36x 1.61x 2.25x 72.5% 62.8%
10   Loan Redwood Technology Center 60 59 360 360 11/8/2019 12/6/2019 12/6/2024 11/6/2029 11/6/2029 $101,598.67 $76,413.43 $1,219,184 $916,961 Springing Springing No No 1.60x 2.12x 1.55x 2.06x 71.6% 65.5%
11   Loan Edgewood Apartments 0 0 360 358 9/26/2019 11/6/2019 NAP 10/6/2029 10/6/2029 $89,525.72 NAP $1,074,309 NAP Springing Springing No No 1.47x NAP 1.39x NAP 72.0% 57.5%
12   Loan 420 North Main Street 12 12 360 360 11/5/2019 1/1/2020 1/1/2021 12/1/2029 12/1/2029 $85,356.35 $60,888.25 $1,024,276 $730,659 Springing Springing No No 1.94x 2.71x 1.82x 2.56x 69.6% 57.1%
13   Loan Kohl’s Plaza 120 119 0 0 10/28/2019 12/6/2019 NAP 11/6/2029 11/6/2029 NAP $64,635.42 NAP $775,625 Springing Springing No No NAP 1.98x NAP 1.87x 60.5% 60.5%
14   Loan Crimson Retail Portfolio 30 29 360 360 10/24/2019 12/6/2019 6/6/2022 11/6/2029 11/6/2029 $77,013.18 $52,960.45 $924,158 $635,525 Hard Springing No No 1.94x 2.83x 1.83x 2.66x 72.5% 61.5%
14.01   Property Little Elm                                   1.94x 2.83x 1.83x 2.66x 72.5% 61.5%
14.02   Property South Plaza                                   1.94x 2.83x 1.83x 2.66x 72.5% 61.5%
14.03   Property Office Depot                                   1.94x 2.83x 1.83x 2.66x 72.5% 61.5%
14.04   Property JoAnn Fabrics                                   1.94x 2.83x 1.83x 2.66x 72.5% 61.5%
15   Loan Presidential City 120 117 0 0 09/06/2019 10/08/2019 NAP 09/08/2029 09/08/2029 NAP $44,334.34 NAP $532,012 Soft In-Place No No NAP 4.38x NAP 4.30x 30.8% 30.8%
16   Loan Plaistow Center 0 0 360 359 10/15/2019 12/1/2019 NAP 11/1/2029 11/1/2029 $71,785.36 NAP $861,424 NAP Springing Springing No No 1.88x NAP 1.75x NAP 74.2% 59.0%
17   Loan 3100 Alvin Devane 12 11 360 360 10/25/2019 12/6/2019 12/6/2020 11/6/2029 11/6/2029 $66,113.45 $46,704.79 $793,361 $560,457 Hard In-Place No No 1.53x 2.16x 1.43x 2.02x 75.0% 61.4%
18   Loan Home2 Suites by Hilton Charlotte University Research Park 0 0 360 359 10/10/2019 12/1/2019 NAP 11/1/2029 11/1/2029 $67,809.74 NAP $813,717 NAP Springing Springing No No 2.09x NAP 1.92x NAP 69.9% 56.0%
19   Loan Rochester Portfolio 24 23 360 360 10/25/2019 12/1/2019 12/1/2021 11/1/2029 11/1/2029 $65,213.34 $48,147.05 $782,560 $577,765 Springing Springing No No 1.97x 2.66x 1.79x 2.42x 53.0% 45.1%
19.01   Property Westfall Townhomes                                   1.97x 2.66x 1.79x 2.42x 53.0% 45.1%
19.02   Property Jefferson Plaza                                   1.97x 2.66x 1.79x 2.42x 53.0% 45.1%
19.03   Property Saginaw Plaza                                   1.97x 2.66x 1.79x 2.42x 53.0% 45.1%
19.04   Property South Winton Court                                   1.97x 2.66x 1.79x 2.42x 53.0% 45.1%
20   Loan 1447 Enterprise Boulevard 0 0 300 299 10/30/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $64,645.18 NAP $775,742 NAP Hard Springing No No 1.45x NAP 1.31x NAP 68.6% 50.2%
21   Loan Shabsels Fee Portfolio 120 119 0 0 11/6/2019 12/6/2019 NAP 11/6/2029 11/6/2029 NAP $49,004.63 NAP $588,056 Hard Springing No No NAP 1.52x NAP 1.52x 71.6% 71.6%
21.01   Property 9 Farm Springs                                   NAP 1.52x NAP 1.52x 71.6% 71.6%
21.02   Property Clocktower Place                                   NAP 1.52x NAP 1.52x 71.6% 71.6%
22   Loan Greenfield Gateway 0 0 360 359 10/30/2019 12/01/2019 NAP 11/01/2029 11/01/2029 $51,787.22 NAP $621,447 NAP Springing Springing No No 1.87x NAP 1.81x NAP 55.8% 44.3%
23   Loan Gatlin Retail Portfolio 0 0 360 358 9/13/2019 11/6/2019 NAP 10/6/2029 10/6/2029 $47,396.27 NAP $568,755 NAP Hard Springing No No 1.69x NAP 1.53x NAP 76.6% 60.9%
23.01   Property The Forum at Gateways                                   1.69x NAP 1.53x NAP 76.6% 60.9%
23.02   Property Wilson Square Shopping Center                                   1.69x NAP 1.53x NAP 76.6% 60.9%
24   Loan Paradise Shoppes of Summerville 36 34 360 360 9/19/2019 11/1/2019 11/1/2022 10/1/2029 10/1/2029 $44,154.56 $30,888.55 $529,855 $370,663 Springing Springing No No 1.55x 2.22x 1.48x 2.11x 69.8% 60.2%
25   Loan Wyndham - Norfolk 120 119 0 0 11/1/2019 12/6/2019 NAP 11/6/2029 11/6/2029 NAP $32,173.23 NAP $386,079 Springing Springing No No NAP 5.24x NAP 4.68x 43.9% 43.9%
26   Loan Sharonville Plaza 0 0 360 359 11/1/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $42,947.88 NAP $515,375 NAP Springing Springing No No 1.95x NAP 1.82x NAP 78.6% 62.8%
27   Loan Bemidji Mixed Use Portfolio 0 0 360 359 10/28/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $45,112.70 NAP $541,352 NAP Springing Springing No No 1.55x NAP 1.41x NAP 69.9% 56.8%
27.01   Property Cottage Park Townhomes                                   1.55x NAP 1.41x NAP 69.9% 56.8%
27.02   Property Supreme Business Center                                   1.55x NAP 1.41x NAP 69.9% 56.8%
27.03   Property 519 Anne Street Northwest                                   1.55x NAP 1.41x NAP 69.9% 56.8%
27.04   Property Stonegate Studios                                   1.55x NAP 1.41x NAP 69.9% 56.8%
28   Loan Home2 Suites OKC 0 0 360 360 11/04/2019 01/01/2020 NAP 12/01/2029 12/01/2029 $44,856.38 NAP $538,277 NAP Springing Springing No No 2.15x NAP 1.96x NAP 63.9% 51.8%
29   Loan Hy-Vee Omaha 120 119 0 0 11/1/2019 12/6/2019 NAP 11/6/2029 11/6/2029 NAP $30,461.02 NAP $365,532 Springing Springing No No NAP 1.84x NAP 1.84x 67.6% 67.6%
30   Loan Plaza at Santa Barbara 60 60 360 360 11/4/2019 1/1/2020 1/1/2025 12/1/2029 12/1/2029 $39,622.27 $28,405.79 $475,467 $340,869 Springing Springing No No 1.95x 2.72x 1.86x 2.60x 61.7% 56.0%
31   Loan Phoenix Industrial Portfolio II 36 34 360 360 9/10/2019 11/6/2019 11/6/2022 10/6/2029 10/6/2029 $40,297.50 $30,078.70 $483,570 $360,944 Hard Springing No No 1.63x 2.18x 1.41x 1.89x 74.2% 64.8%
31.01   Property DuBois                                   1.63x 2.18x 1.41x 1.89x 74.2% 64.8%
31.02   Property Jefferson                                   1.63x 2.18x 1.41x 1.89x 74.2% 64.8%
31.03   Property Flint                                   1.63x 2.18x 1.41x 1.89x 74.2% 64.8%

 

A-1-7

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                                                     
        MORTGAGE LOAN CHARACTERISTICS                                        
Loan ID Footnotes Flag Deal Name 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(11) 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)(12)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio(8)
Maturity Date LTV Ratio(8)
31.04   Property Beloit                                   1.63x 2.18x 1.41x 1.89x 74.2% 64.8%
31.05   Property Huntsville                                   1.63x 2.18x 1.41x 1.89x 74.2% 64.8%
32   Loan LA Fitness Riverside 60 60 360 360 11/06/2019 01/01/2020 1/1/2025 11/1/2034 12/1/2029 $37,825.18 $26,496.30 $453,902 $317,956 Hard Springing No No 1.83x 2.62x 1.75x 2.50x 54.8% 49.7%
33   Loan Cedar Trails Apartments 36 35 360 360 10/15/2019 12/6/2019 12/6/2022 11/6/2029 11/6/2029 $38,189.05 $27,479.56 $458,269 $329,755 Soft Springing No No 1.45x 2.01x 1.38x 1.92x 75.0% 65.1%
34   Loan Maple Ridge Townhomes 36 35 360 360 10/17/2019 12/1/2019 12/1/2022 11/1/2029 11/1/2029 $35,104.30 $25,041.37 $421,252 $300,496 Springing Springing No No 1.43x 2.00x 1.40x 1.96x 67.3% 58.3%
35   Loan Bassett Furniture - King of Prussia 60 59 0 0 10/11/2019 12/1/2019 NAP 11/1/2024 11/1/2024 NAP $25,964.00 NAP $311,568 Springing Springing No No NAP 2.13x NAP 2.10x 58.8% 58.8%
36   Loan Villa Carmel 120 119 0 0 11/01/2019 12/01/2019 NAP 11/01/2029 11/01/2029 NAP $25,337.08 NAP $304,045 Springing Springing No No NAP 1.68x NAP 1.65x 60.4% 60.4%
37   Loan Osprey Cove South 0 0 360 359 10/30/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $33,296.84 NAP $399,562 NAP Springing Springing No No 1.96x NAP 1.84x NAP 70.7% 56.7%
38   Loan Del Mar Terrace Apartments 120 115 0 0 6/27/2019 8/6/2019 NAP 7/6/2029 7/6/2029 NAP $16,416.55 NAP $196,999 Springing Springing No No NAP 11.64x NAP 11.11x 16.2% 16.2%
39   Loan Palm View Estates 36 36 360 360 11/6/2019 1/1/2020 1/1/2023 12/1/2029 12/1/2029 $32,090.35 $23,505.32 $385,084 $282,064 Springing Springing No No 1.43x 1.95x 1.42x 1.93x 70.1% 61.1%
40   Loan Alma Elliot Square Shopping Center 120 117 0 0 9/10/2019 10/6/2019 NAP 9/6/2029 9/6/2029 NAP $23,705.78 NAP $284,469 Springing Springing No No NAP 2.24x NAP 2.19x 65.0% 65.0%
41   Loan West Salem MHP 12 11 360 360 10/31/2019 12/6/2019 12/6/2020 11/6/2029 11/6/2029 $27,617.39 $19,675.78 $331,409 $236,109 Springing Springing No No 1.68x 2.36x 1.64x 2.30x 66.7% 54.7%
42   Loan 4 Mountainview Terrace 0 0 360 358 10/11/2019 11/6/2019 NAP 10/6/2029 10/6/2029 $27,317.28 NAP $327,807 NAP Hard Springing No No 2.22x NAP 2.01x NAP 69.5% 55.8%
43   Loan Fairfield Inn and Suites Fredericksburg 0 0 360 359 10/25/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $27,704.53 NAP $332,454 NAP Springing Springing No No 2.28x NAP 1.98x NAP 67.0% 54.1%
44   Loan Allen Ridge Luxury Apartments 0 0 360 359 10/30/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $27,541.85 NAP $330,502 NAP Springing Springing No No 1.54x NAP 1.50x NAP 63.9% 51.5%
45   Loan Hampton Inn - McLeansville (Greensboro East) 0 0 360 359 10/21/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $27,473.67 NAP $329,684 NAP Springing Springing No No 2.50x NAP 2.27x NAP 58.4% 47.1%
46   Loan Courtyard by Marriott Secaucus 0 0 300 298 9/12/2019 11/6/2019 NAP 10/6/2029 10/6/2029 $27,086.91 NAP $325,043 NAP Springing Springing No No 2.37x NAP 1.96x NAP 58.6% 42.8%
47   Loan 48 Brookfield Oaks Dr 12 11 360 360 10/2/2019 12/1/2019 12/1/2020 11/1/2029 11/1/2029 $22,875.91 $15,981.42 $274,511 $191,777 Springing Springing No No 1.91x 2.73x 1.72x 2.47x 69.3% 56.5%
48   Loan Studio 9Forty Apartments 24 21 360 360 8/15/2019 10/6/2019 10/6/2021 9/6/2029 9/6/2029 $22,846.86 $16,479.92 $274,162 $197,759 Springing Springing No No 1.41x 1.95x 1.39x 1.92x 74.6% 63.1%
49   Loan Erie Plaza 0 0 360 359 10/16/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $20,908.10 NAP $250,897 NAP Hard Springing No No 1.48x NAP 1.46x NAP 73.6% 59.3%
50   Loan 2375 South 9th Street 0 0 360 358 9/30/2019 11/1/2019 NAP 10/1/2029 10/1/2029 $17,228.49 NAP $206,742 NAP Springing Springing No No 1.49x NAP 1.46x NAP 66.5% 53.0%
51   Loan Delano MHP 0 0 360 359 10/30/2019 12/6/2019 NAP 11/6/2029 11/6/2029 $17,389.29 NAP $208,671 NAP Springing Springing No No 1.60x NAP 1.58x NAP 68.0% 55.2%
52   Loan Crunch Fitness Tuscaloosa 0 0 300 298 10/3/2019 11/6/2019 NAP 10/6/2029 10/6/2029 $15,882.33 NAP $190,588 NAP Springing Springing No No 1.61x NAP 1.47x NAP 66.0% 48.1%
53   Loan Anchor Danly - Ithaca 0 0 360 358 9/27/2019 11/6/2019 NAP 10/6/2029 10/6/2029 $16,067.84 NAP $192,814 NAP Hard Springing No No 1.98x NAP 1.86x NAP 52.8% 43.9%
54   Loan Belle Place MHC 24 23 360 360 11/1/2019 12/6/2019 12/6/2021 11/6/2029 11/6/2029 $11,046.95 $7,870.31 $132,563 $94,444 Springing Springing No No 1.89x 2.65x 1.85x 2.60x 68.7% 57.9%
55   Loan Middlefield MHC 24 21 360 360 8/20/2019 10/6/2019 10/6/2021 9/6/2029 9/6/2029 $10,450.38 $7,841.80 $125,405 $94,102 Springing Springing No No 1.57x 2.09x 1.51x 2.01x 61.8% 52.7%

 

A-1-8

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN CHARACTERISTICS     MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(14)                    
Loan ID Footnotes Flag Deal Name Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)(13)(14)
  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
1   Loan The Met Apartments 5    5    1 YM0.5(25), Def or YM0.5(88), O(7)   N/A N/A N/A N/A NAP $5,489,530 $1,943,687 $3,545,843 12/31/2018 6.8% $5,815,542 $2,007,069 $3,808,473 T12 8/31/2019
2   Loan Palm Beach Estates 0    0    1 L(13), YM1(43), O(4)   $6,903,001 $2,322,663 $4,580,338 12/31/2017 10.8% $7,204,276 $2,458,865 $4,745,411 12/31/2018 11.2% $7,373,358 $2,522,090 $4,851,268 T12 9/30/2019
3   Loan Towne Center East 5    5    1 YM0.5(26), Def or YM0.5(87), O(7)   $4,050,605 $577,596 $3,473,010 12/31/2017 9.0% $4,029,945 $576,863 $3,453,081 12/31/2018 9.0% $4,249,148 $604,153 $3,644,995 T12 8/31/2019
4   Loan Farmers Insurance 0    0    9 L(27), Def(87), O(6)   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
5   Loan ILPT Industrial Portfolio 0    0    7 L(25), Def or YM1(88), O(7)   $20,837,420 $4,518,161 $16,319,258 12/31/2016 7.6% $33,628,469 $6,368,613 $27,259,856 12/31/2017 12.7% $35,335,764 $6,445,614 $28,890,150 12/31/2018
5.01   Property 1800 Union Airpark Boulevard           $8,475,748 $2,515,626 $5,960,121 12/31/2016 7.6% $8,551,118 $2,509,169 $6,041,949 12/31/2017 12.7% $8,660,170 $2,537,067 $6,123,103 12/31/2018
5.02   Property 4237-4255 Anson Boulevard           $2,869,718 $479,795 $2,389,923 12/31/2016 7.6% $5,881,285 $1,170,316 $4,710,969 12/31/2017 12.7% $6,124,114 $1,318,374 $4,805,740 12/31/2018
5.03   Property 5000 Commerce Way           $3,975,143 $635,141 $3,340,001 12/31/2016 7.6% $4,229,039 $641,092 $3,587,947 12/31/2017 12.7% $4,308,405 $679,662 $3,628,743 12/31/2018
5.04   Property 5142 and 5148 North Hanley Road           $1,802,705 $10,208 $1,792,497 12/31/2016 7.6% $2,655,862 $21,608 $2,634,254 12/31/2017 12.7% $2,699,991 $20,556 $2,679,435 12/31/2018
5.05   Property 945 Monument Drive           $3,367,805 $423,501 $2,944,304 12/31/2016 7.6% $3,252,155 $375,988 $2,876,167 12/31/2017 12.7% $3,312,029 $430,464 $2,881,565 12/31/2018
5.06   Property 2801 Airwest Boulevard           $115,844 $8,728 $107,116 12/31/2016 7.6% $2,439,453 $67,612 $2,371,841 12/31/2017 12.7% $2,455,992 $44,468 $2,411,524 12/31/2018
5.07   Property 20 Logistics Boulevard           $121,898 $16,750 $105,148 12/31/2016 7.6% $2,772,757 $459,102 $2,313,655 12/31/2017 12.7% $2,824,454 $484,545 $2,339,909 12/31/2018
5.08   Property 5500 SE Delaware Ave           N/A N/A N/A N/A 7.6% $1,561,038 $80,313 $1,480,725 12/31/2017 12.7% $1,580,595 $83,456 $1,497,139 12/31/2018
5.09   Property 2150 Stanley Road           $108,559 $22,546 $86,013 12/31/2016 7.6% $2,242,367 $541,787 $1,700,580 12/31/2017 12.7% $2,297,895 $553,914 $1,743,981 12/31/2018
5.10   Property 16101 Queens Court             $388,523 ($388,523) 12/31/2016 7.6%   $292,769 ($292,769) 12/31/2017 12.7% $430,850 $133,165 $297,684 12/31/2018
5.11   Property 5 Logistics Drive             $17,343 ($17,343) 12/31/2016 7.6% $43,395 $208,857 ($165,462) 12/31/2017 12.7% $641,270 $159,943 $481,327 12/31/2018
6   Loan The Sunstone Apartments 5    5    1 YM0.5(25), Def or YM0.5(88), O(7)   N/A N/A N/A N/A NAP $2,316,581 $858,155 $1,458,426 12/31/2018 6.2% $2,520,794 $884,328 $1,636,466 T12 8/31/2019
7   Loan Duane Reade - Columbia University 0    0    6 L(25), Def(91), O(4)   $2,052,805 $403,030 $1,649,775 12/31/2017 7.9% $2,114,936 $464,386 $1,650,550 12/31/2018 7.9% $2,009,837 $453,417 $1,556,419 T12 8/31/2019
8   Loan United Healthcare Office 0    0    6 L(26), Def(30), O(4)   $4,227,683 $5,601 $4,222,082 12/31/2017 9.0% $4,369,003 $24,465 $4,344,538 12/31/2018 9.3% $4,445,335 $20,475 $4,424,860 T12 7/31/2019
9   Loan Patriots Crossing Apartments 0    0    6 L(26), Def(90), O(4)   $2,626,571 $1,071,166 $1,555,405 12/31/2017 7.8% $2,718,417 $1,088,868 $1,629,549 12/31/2018 8.1% $2,882,775 $1,084,865 $1,797,910 T12 8/31/2019
10   Loan Redwood Technology Center 0    0    6 L(25), Def(90), O(5)   $4,291,833 $1,190,512 $3,101,321 12/31/2017 8.5% $4,528,549 $1,206,915 $3,321,634 12/31/2018 9.1% $4,557,575 $1,208,566 $3,349,009 T12 8/31/2019
11   Loan Edgewood Apartments 0    0    6 L(26), Def(90), O(4)   $2,677,338 $931,874 $1,745,464 12/31/2017 9.4% $2,654,995 $934,982 $1,720,013 12/31/2018 9.3% $2,551,791 $977,986 $1,573,804 T12 8/31/2019
12   Loan 420 North Main Street 7    7    1 L(24), Def(92), O(4)   N/A N/A N/A N/A NAP $1,377,256 $405,175 $972,081 12/31/2018 5.5% $2,105,162 $494,038 $1,611,124 T12 9/30/2019
13   Loan Kohl’s Plaza 0    0    6 L(25), Def(88), O(7)   $2,381,156 $883,580 $1,497,576 12/31/2017 8.8% $2,005,727 $874,303 $1,131,424 12/31/2018 6.7% $1,978,832 $898,776 $1,080,056 T12 8/31/2019
14   Loan Crimson Retail Portfolio 0    0    6 L(25), Def(88), O(7)   $3,862,238 $1,368,640 $2,493,598 12/31/2017 7.5% $4,174,445 $1,273,548 $2,900,897 12/31/2018 8.8% $4,210,947 $1,228,634 $2,982,313 T12 3/31/2019
14.01   Property Little Elm           $2,809,187 $1,045,525 $1,763,661 12/31/2017 7.5% $3,044,850 $1,003,066 $2,041,784 12/31/2018 8.8% $3,099,526 $998,778 $2,100,748 T12 3/31/2019
14.02   Property South Plaza           $1,053,051 $323,114 $729,937 12/31/2017 7.5% $1,129,595 $270,481 $859,113 12/31/2018 8.8% $1,111,421 $229,856 $881,565 T-7 7/31/2019
14.03   Property Office Depot           N/A N/A N/A N/A 7.5% N/A N/A N/A N/A 8.8% N/A N/A N/A N/A
14.04   Property JoAnn Fabrics           N/A N/A N/A N/A 7.5% N/A N/A N/A N/A 8.8% N/A N/A N/A N/A
15   Loan Presidential City 0    0    8 L(27), Def(89), O(4)   N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP $22,608,237 $6,582,815 $16,025,422 T12 6/30/2019
16   Loan Plaistow Center 7    7    1 L(25), Def(92), O(3)   $1,826,247 $678,003 $1,148,244 12/31/2017 7.7% $2,113,135 $756,822 $1,356,313 12/31/2018 9.1% $2,267,684 $709,927 $1,557,757 T12 7/31/2019
17   Loan 3100 Alvin Devane 0    0    6 L(35), Def(81), O(4)   $1,021,427 $474,476 $546,951 12/31/2017 3.9% $1,241,571 $533,120 $708,451 12/31/2018 5.1% $1,366,546 $546,988 $819,558 T12 7/31/2019
18   Loan Home2 Suites by Hilton Charlotte University Research Park 7    7    1 L(25), Def(92), O(3)   $3,302,091 $1,901,222 $1,400,869 12/31/2017 10.1% $3,487,231 $1,804,667 $1,682,564 12/31/2018 12.2% $3,575,376 $1,831,385 $1,743,991 T12 6/30/2019
19   Loan Rochester Portfolio 7    7    1 L(25), Def(92), O(3)   $2,425,952 $1,039,944 $1,386,008 12/31/2017 10.6% $2,508,788 $1,074,216 $1,434,572 12/31/2018 11.0% $2,366,365 $1,026,785 $1,339,580 T12 6/30/2019
19.01   Property Westfall Townhomes           $573,148 $212,616 $360,532 12/31/2017 10.6% $561,420 $239,874 $321,546 12/31/2018 11.0% $564,792 $233,053 $331,739 T12 6/30/2019
19.02   Property Jefferson Plaza           $651,659 $274,377 $377,282 12/31/2017 10.6% $726,642 $287,119 $439,523 12/31/2018 11.0% $686,716 $277,034 $409,682 T12 6/30/2019
19.03   Property Saginaw Plaza           $522,888 $230,342 $292,546 12/31/2017 10.6% $559,390 $231,036 $328,354 12/31/2018 11.0% $548,779 $197,085 $351,694 T12 6/30/2019
19.04   Property South Winton Court           $678,257 $322,609 $355,648 12/31/2017 10.6% $661,336 $316,187 $345,149 12/31/2018 11.0% $566,078 $319,613 $246,465 T12 6/30/2019
20   Loan 1447 Enterprise Boulevard 0    0    6 L(25), Def(91), O(4)   N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP $1,240,694 $80,694 $1,160,000 T12 9/30/2019
21   Loan Shabsels Fee Portfolio 0    0    6 L(25), Def(91), O(4)   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
21.01   Property 9 Farm Springs           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
21.02   Property Clocktower Place           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
22   Loan Greenfield Gateway 5    5    1 L(25), Def(91), O(4)   N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP $637,433 $250,100 $387,333 T12 8/31/2019
23   Loan Gatlin Retail Portfolio 0    0    6 L(26), Def(90), O(4)   $3,259,232 $1,145,571 $2,113,661 12/31/2017 8.9% $3,114,135 $1,137,799 $1,976,336 12/31/2018 8.3% $2,910,849 $1,024,450 $1,886,399 T12 7/31/2019
23.01   Property The Forum at Gateways           $2,506,986 $905,901 $1,601,085 12/31/2017 8.9% $2,434,733 $940,975 $1,493,758 12/31/2018 8.3% $2,218,835 $805,002 $1,413,833 T12 7/31/2019
23.02   Property Wilson Square Shopping Center           $752,246 $239,670 $512,576 12/31/2017 8.9% $679,402 $196,824 $482,578 12/31/2018 8.3% $692,014 $219,448 $472,566 T12 7/31/2019
24   Loan Paradise Shoppes of Summerville 5    5    1 L(26), Def(87), O(7)   $1,222,282 $451,706 $770,576 12/31/2017 8.2% $1,365,327 $513,484 $851,844 12/31/2018 9.1% $1,381,025 $530,120 $850,905 T12 6/30/2019
25   Loan Wyndham - Norfolk 0    0    6 L(25), Def(91), O(4)   $4,501,051 $3,033,931 $1,467,120 12/31/2017 16.3% $4,940,790 $3,253,284 $1,687,506 12/31/2018 18.8% $5,412,759 $3,377,302 $2,035,457 T12 8/31/2019
26   Loan Sharonville Plaza 0    0    6 L(24), YM1(92), O(4)   $974,390 $337,926 $636,464 12/31/2017 7.2% $1,014,214 $351,938 $662,276 12/31/2018 7.5% $938,063 $335,945 $602,118 T12 7/31/2019
27   Loan Bemidji Mixed Use Portfolio 0    0    6 L(25), YM1(91), O(4)   N/A N/A N/A N/A NAP $1,174,928 $286,481 $888,447 12/31/2018 10.1% $1,185,780 $342,353 $843,428 T12 7/31/2019
27.01   Property Cottage Park Townhomes           N/A N/A N/A N/A NAP $448,899 $112,246 $336,653 12/31/2018 10.1% $443,199 $126,760 $316,439 T12 7/31/2019
27.02   Property Supreme Business Center           N/A N/A N/A N/A NAP $316,954 $75,253 $241,701 12/31/2018 10.1% $322,085 $87,011 $235,074 T12 7/31/2019
27.03   Property 519 Anne Street Northwest           N/A N/A N/A N/A NAP $231,407 $41,959 $189,448 12/31/2018 10.1% $235,340 $62,817 $172,523 T12 7/31/2019
27.04   Property Stonegate Studios           N/A N/A N/A N/A NAP $177,668 $57,024 $120,645 12/31/2018 10.1% $185,157 $65,765 $119,392 T12 7/31/2019
28   Loan Home2 Suites OKC 5    5    1 L(24), Def(92), O(4)   N/A N/A N/A N/A NAP $2,532,236 $1,335,783 $1,196,453 12/31/2018 13.7% $2,580,457 $1,359,281 $1,221,176 T12 8/31/2019
29   Loan Hy-Vee Omaha 0    0    6 L(25), Def(91), O(4)   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
30   Loan Plaza at Santa Barbara 7    7    1 L(24), Def(93), O(3)   $936,996 $293,627 $643,369 12/31/2017 7.8% $912,983 $256,866 $656,117 12/31/2018 8.0% $991,475 $249,439 $742,035 T12 7/31/2019
31   Loan Phoenix Industrial Portfolio II 0    0    6 L(26), Def(88), O(6)   N/A N/A N/A N/A NAP $8,923,998 $1,963,475 $6,960,523 12/31/2018 10.2% $9,275,816 $2,248,289 $7,027,527 T12 6/30/2019
31.01   Property DuBois           N/A N/A N/A N/A NAP $1,694,700 $260,983 $1,433,717 12/31/2018 10.2% $1,703,788 $295,208 $1,408,580 T12 6/30/2019
31.02   Property Jefferson           N/A N/A N/A N/A NAP $1,660,104 $309,029 $1,351,075 12/31/2018 10.2% $1,683,269 $318,719 $1,364,550 T12 6/30/2019
31.03   Property Flint           N/A N/A N/A N/A NAP $2,117,520 $149,611 $1,967,909 12/31/2018 10.2% $2,135,123 $159,881 $1,975,242 T12 6/30/2019

 

A-1-9

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                                             
        MORTGAGE LOAN CHARACTERISTICS     MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(14)                    
Loan ID Footnotes Flag Deal Name Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)(13)(14)
  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
31.04   Property Beloit           N/A N/A N/A N/A NAP $2,390,751 $873,271 $1,517,480 12/31/2018 10.2% $2,531,803 $1,100,402 $1,431,401 T12 6/30/2019
31.05   Property Huntsville           N/A N/A N/A N/A NAP $1,060,923 $370,581 $690,342 12/31/2018 10.2% $1,221,833 $374,079 $847,754 T12 6/30/2019
32   Loan LA Fitness Riverside 0    0    1 L(60), YM1(56), O(4)   $1,130,136 $86,983 $1,043,153 12/31/2017 13.0% $1,148,642 $85,023 $1,063,619 12/31/2018 13.3% $1,138,889 $78,578 $1,060,310 T12 8/31/2019
33   Loan Cedar Trails Apartments 0    0    6 L(25), Def(91), O(4)   $1,203,062 $551,541 $651,521 12/31/2017 8.3% $1,197,490 $536,394 $661,097 12/31/2018 8.4% $1,211,252 $548,297 $662,955 T12 8/31/2019
34   Loan Maple Ridge Townhomes 7    7    1 L(25), Def(92), O(3)   N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP $914,038 $327,865 $586,173 T12 7/31/2019
35   Loan Bassett Furniture - King of Prussia 7    7    1 L(25), Def(33), O(2)   N/A N/A N/A N/A NAP $702,000 $1,580 $700,420 12/31/2018 10.0% $702,000 $2,251 $699,749 T12 9/1/2019
36   Loan Villa Carmel 0    0    1 L(25), Def(91), O(4)   N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP $730,297 $291,100 $439,197 T12 9/30/2019
37   Loan Osprey Cove South 0    0    6 L(25), Def(88), O(7)   N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP $1,238,671 $607,902 $630,769 T12 8/31/2019
38   Loan Del Mar Terrace Apartments 0    0    6 L(29), YM1(87), O(4)   $8,958,851 $3,993,163 $4,965,688 12/31/2017 30.7% $9,735,704 $4,168,504 $5,567,201 12/31/2018 34.4% $9,879,531 $4,283,063 $5,596,468 T12 4/30/2019
39   Loan Palm View Estates 7    7    1 L(24), Def(93), O(3)   $425,112 $145,883 $279,229 12/31/2017 4.3% $537,542 $169,936 $367,606 12/31/2018 5.7% $659,826 $186,789 $473,037 T12 7/1/2019
40   Loan Alma Elliot Square Shopping Center 0    0    6 L(24), YM2(92), O(4)   $661,419 $230,051 $431,368 12/31/2017 6.8% $622,359 $217,637 $404,722 12/31/2018 6.4% $871,045 $283,866 $587,179 T12 7/31/2019
41   Loan West Salem MHP 0    0    6 L(25), Def(91), O(4)   $963,866 $423,838 $540,028 12/31/2017 9.4% $1,000,689 $424,971 $575,718 12/31/2018 10.0% $1,018,968 $437,536 $581,432 T12 8/31/2019
42   Loan 4 Mountainview Terrace 0    0    6 L(26), Def(90), O(4)   $935,053 $495,108 $439,945 12/31/2017 7.9% $1,014,794 $508,268 $506,526 12/31/2018 9.1% $1,053,642 $493,827 $559,815 T12 6/30/2019
43   Loan Fairfield Inn and Suites Fredericksburg 0    0    6 L(25), Def(91), O(4)   $2,308,892 $1,650,445 $658,447 12/31/2017 12.0% $2,556,989 $1,753,638 $803,351 12/31/2018 14.6% $2,446,371 $1,645,921 $800,450 T12 8/31/2019
44   Loan Allen Ridge Luxury Apartments 0    0    6 L(25), Def(91), O(4)   $554,621 $80,947 $473,674 12/31/2017 8.6% $600,069 $96,984 $503,085 12/31/2018 9.2% $635,112 $100,475 $534,637 T12 9/30/2019
45   Loan Hampton Inn - McLeansville (Greensboro East) 0    0    6 L(25), Def(91), O(4)   $1,566,591 $1,033,879 $532,712 12/31/2017 9.7% $1,722,726 $1,092,571 $630,154 12/31/2018 11.5% $1,909,432 $1,075,264 $834,168 T12 8/31/2019
46   Loan Courtyard by Marriott Secaucus 0    0    6 L(26), YM1(90), O(4)   $8,194,378 $5,582,753 $2,611,625 12/31/2017 17.5% $7,972,595 $5,558,617 $2,413,978 12/31/2018 16.2% $7,937,743 $5,562,901 $2,374,842 T12 7/31/2019
47   Loan 48 Brookfield Oaks Dr 7    7    1 L(25), Def(92), O(3)   $714,262 $196,732 $517,530 12/31/2017 10.7% $719,102 $207,319 $511,783 12/31/2018 10.6% $542,460 $189,140 $353,320 T12 7/31/2019
48   Loan Studio 9Forty Apartments 0    0    6 L(27), Def(89), O(4)   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
49   Loan Erie Plaza 0    0    6 L(25), Def(90), O(5)   $526,378 $159,359 $367,019 12/31/2017 8.8% $529,315 $142,630 $386,685 12/31/2018 9.2% $537,708 $141,308 $396,400 T12 7/31/2019
50   Loan 2375 South 9th Street 7    7    1 L(26), Def(89), O(5)   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
51   Loan Delano MHP 0    0    6 L(25), Def(91), O(4)   $592,075 $360,971 $231,104 12/31/2017 6.8% $591,097 $347,316 $243,781 12/31/2018 7.2% $609,243 $331,735 $277,508 T12 9/30/2019
52   Loan Crunch Fitness Tuscaloosa 0    0    6 L(26), Def(90), O(4)   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
53   Loan Anchor Danly - Ithaca 5    0    6 L(26), Def(90), O(4)   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
54   Loan Belle Place MHC 0    0    6 L(25), Def(91), O(4)   N/A N/A N/A N/A NAP $295,356 $92,532 $202,824 12/31/2018 8.8% $331,043 $87,437 $243,606 T12 9/30/2019
55   Loan Middlefield MHC 0    0    6 L(27), YM1(89), O(4)   $673,077 $467,863 $205,214 12/31/2017 9.9% $652,741 $435,737 $217,004 12/31/2018 10.5% $657,440 $465,925 $191,515 T12 5/31/2019

 

A-1-10

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(14)             LARGEST TENANT INFORMATION(15)(16)(18)       2ND LARGEST TENANT INFORMATION(15)(16)(18)       3RD LARGEST TENANT
INFORMATION(15)(16)(18)
Loan ID Footnotes Flag Deal Name 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
  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
1   Loan The Met Apartments 7.3% 92.0% $6,212,226 $2,070,595 $4,141,631 8.0% $120,000 $4,021,631 7.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
2   Loan Palm Beach Estates 11.5% 92.5% $7,373,330 $2,548,460 $4,824,871 11.4% $238,751 $4,586,120 10.8%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
3   Loan Towne Center East 9.5% 95.0% $4,334,850 $709,773 $3,625,077 9.4% $211,680 $3,413,397 8.9%   Home Depot 1/31/2024 103,423 66.8%   PetSmart 3/31/2024 26,550 17.2%   Wells Fargo
4   Loan Farmers Insurance NAP 98.0% $14,054,655 $4,374,313 $9,680,341 10.0% $142,787 $9,537,554 9.9%   Farmers Insurance 8/31/2034 713,935 100.0%   NAP NAP NAP NAP   NAP
5   Loan ILPT Industrial Portfolio 13.5% 97.5% $39,822,695 $7,985,779 $31,836,916 14.8% $2,695,459 $29,141,457 13.6%   Various Various Various Various   Various Various Various Various   NAP
5.01   Property 1800 Union Airpark Boulevard 13.5% 97.5% $8,907,213 $2,906,244 $6,000,969 14.8% $595,596 $5,405,373 13.6%   Procter & Gamble 10/31/2024 1,791,246 100.0%   NAP NAP NAP NAP   NAP
5.02   Property 4237-4255 Anson Boulevard 13.5% 97.5% $5,904,323 $1,536,726 $4,367,597 14.8% $355,622 $4,011,976 13.6%   Amazon.com, Inc. 4/30/2021 1,036,573 100.0%   NAP NAP NAP NAP   NAP
5.03   Property 5000 Commerce Way 13.5% 97.5% $4,451,482 $765,972 $3,685,510 14.8% $322,434 $3,363,076 13.6%   Amazon.com, Inc. 9/30/2027 1,016,065 100.0%   NAP NAP NAP NAP   NAP
5.04   Property 5142 and 5148 North Hanley Road 13.5% 97.5% $3,708,736 $132,948 $3,575,789 14.8% $183,448 $3,392,341 13.6%   SKF USA 10/31/2038 430,986 100.0%   NAP NAP NAP NAP   NAP
5.05   Property 945 Monument Drive 13.5% 97.5% $3,386,613 $482,738 $2,903,875 14.8% $283,930 $2,619,946 13.6%   Subaru of America Distribution 5/31/2024 962,500 100.0%   NAP NAP NAP NAP   NAP
5.06   Property 2801 Airwest Boulevard 13.5% 97.5% $2,491,915 $117,071 $2,374,844 14.8% $228,835 $2,146,008 13.6%   Whirlpool Corporation 1/31/2024 804,586 100.0%   NAP NAP NAP NAP   NAP
5.07   Property 20 Logistics Boulevard 13.5% 97.5% $2,864,407 $630,409 $2,233,998 14.8% $197,181 $2,036,817 13.6%   Cummins, Inc. 10/31/2021 603,586 100.0%   NAP NAP NAP NAP   NAP
5.08   Property 5500 SE Delaware Ave 13.5% 97.5% $2,914,156 $104,426 $2,809,731 14.8% $206,763 $2,602,967 13.6%   The Toro Company 10/31/2034 644,104 100.0%   NAP NAP NAP NAP   NAP
5.09   Property 2150 Stanley Road 13.5% 97.5% $2,301,168 $665,285 $1,635,883 14.8% $160,172 $1,475,711 13.6%   Siemens Corporation 9/30/2028 320,070 64.9%   M D Logistics, Inc. 6/30/2027 173,430 35.1%   NAP
5.10   Property 16101 Queens Court 13.5% 97.5% $1,675,398 $380,692 $1,294,706 14.8% $88,223 $1,206,483 13.6%   La-Z-Boy Incorporated 1/31/2031 220,800 100.0%   NAP NAP NAP NAP   NAP
5.11   Property 5 Logistics Drive 13.5% 97.5% $1,217,283 $263,268 $954,015 14.8% $73,256 $880,759 13.6%   Transamerica Auto Parts 3/31/2025 205,090 100.0%   NAP NAP NAP NAP   NAP
6   Loan The Sunstone Apartments 7.0% 95.0% $2,685,767 $910,881 $1,774,887 7.6% $46,000 $1,728,887 7.4%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
7   Loan Duane Reade - Columbia University 7.4% 97.0% $1,958,031 $538,170 $1,419,861 6.8% $9,452 $1,410,409 6.7%   Duane Reade 4/30/2029 7,877 100.0%   NAP NAP NAP NAP   NAP
8   Loan United Healthcare Office 9.5% 95.0% $4,934,863 $168,521 $4,766,342 10.2% $70,045 $4,696,297 10.0%   United HealthCare Services, Inc. 12/31/2025 204,123 100.0%   NAP NAP NAP NAP   NAP
9   Loan Patriots Crossing Apartments 9.0% 94.5% $3,067,547 $1,107,600 $1,959,946 9.8% $90,500 $1,869,446 9.3%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
10   Loan Redwood Technology Center 9.2% 94.4% $4,837,710 $1,281,963 $3,555,746 9.7% $112,512 $3,443,234 9.4%   Ciena Corporation 1/31/2025 57,673 37.3%   Santa Rosa Memorial Hospital 12/31/2030 41,000 26.5%   Friedmans Home Improvement
11   Loan Edgewood Apartments 8.5% 86.7% $2,536,191 $962,028 $1,574,162 8.5% $79,200 $1,494,962 8.1%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
12   Loan 420 North Main Street 9.1% 92.0% $2,498,040 $514,458 $1,983,582 11.2% $114,294 $1,869,288 10.5%   Lyon, LLC 174,638 SF(6/25/2027); 54,625 SF(6/25/2026) 229,263 36.1%   Archerstone, Inc. 9/30/2028 50,312 7.9%   Madina Traders, Inc.
13   Loan Kohl’s Plaza 6.4% 94.6% $2,464,631 $928,965 $1,535,666 9.0% $88,682 $1,446,984 8.5%   Kohl’s 3/31/2024 94,260 58.5%   Bob’s Discount Furniture 4/30/2029 37,380 23.2%   City MD
14   Loan Crimson Retail Portfolio 9.0% 92.7% $5,117,181 $1,524,685 $3,592,496 10.8% $211,595 $3,380,901 10.2%   Various Various Various Various   Various Various Various Various   Various
14.01   Property Little Elm 9.0% 92.3% $3,299,259 $1,075,565 $2,223,695 10.8% $111,590 $2,112,105 10.2%   Hobby Lobby 4/30/2023 55,405 37.0%   24 Hour Fitness 6/30/2023 31,175 20.8%   Dollar Tree
14.02   Property South Plaza 9.0% 92.6% $1,224,262 $292,906 $931,357 10.8% $75,466 $855,890 10.2%   Winn Dixie 9/9/2029 51,700 40.6%   Bealls Outlet 4/30/2022 21,910 17.2%   Focus Fit
14.03   Property Office Depot 9.0% 95.0% $298,569 $73,240 $225,329 10.8% $12,498 $212,831 10.2%   Office Depot 2/29/2024 20,000 100.0%   NAP NAP NAP NAP   NAP
14.04   Property JoAnn Fabrics 9.0% 95.0% $295,091 $82,975 $212,116 10.8% $12,041 $200,075 10.2%   JoAnn Fabrics 1/31/2030 21,500 100.0%   NAP NAP NAP NAP   NAP
15   Loan Presidential City 13.7% 94.0% $24,916,379 $6,760,701 $18,155,679 15.5% $303,813 $17,851,866 15.3%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
16   Loan Plaistow Center 10.4% 91.6% $2,401,530 $783,692 $1,617,839 10.8% $108,552 $1,509,287 10.1%   TVI, Inc. d/b/a Savers 3/31/2025 30,324 22.9%   Aldi 9/30/2024 17,799 13.4%   Pet Smart, Inc.
17   Loan 3100 Alvin Devane 5.9% 95.0% $1,781,337 $568,057 $1,213,280 8.7% $82,032 $1,131,248 8.2%   Younicos AG 3/31/2023 32,570 46.3%   Cosential, Inc. 9/30/2024 24,604 35.0%   Jones & Carter, Inc.
18   Loan Home2 Suites by Hilton Charlotte University Research Park 12.6% 80.6% $3,574,552 $1,871,085 $1,703,466 12.3% $142,982 $1,560,484 11.3%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
19   Loan Rochester Portfolio 10.2% 87.4% $2,559,379 $1,021,395 $1,537,984 11.7% $139,883 $1,398,100 10.7%   Various Various Various Various   Various Various Various Various   Various
19.01   Property Westfall Townhomes 10.2% 95.0% $615,599 $226,472 $389,127 11.7% $10,250 $378,877 10.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
19.02   Property Jefferson Plaza 10.2% 93.0% $866,811 $279,793 $587,019 11.7% $36,235 $550,784 10.7%   ABVI Goodwill 7/31/2034 19,382 29.4%   Closeout Carpet and Flooring 4/30/2034 11,000 16.7%   International Food Market
19.03   Property Saginaw Plaza 10.2% 90.7% $555,859 $198,497 $357,361 11.7% $42,885 $314,476 10.7%   Legend Group 12/31/2023 5,405 13.4%   Young & Company CPAs 9/30/2024 3,000 7.4%   New-U, Inc.
19.04   Property South Winton Court 10.2% 70.4% $521,110 $316,633 $204,477 11.7% $50,513 $153,964 10.7%   Rimkus Marciano & Associates 12/31/2020 9,325 19.3%   Javlyn Processing 7/30/2020 7,500 15.5%   Tetra Tech
20   Loan 1447 Enterprise Boulevard 9.9% 92.5% $1,240,197 $117,960 $1,122,238 9.6% $102,424 $1,019,814 8.7%   Dopaco 8/31/2029 409,695 100.0%   NAP NAP NAP NAP   NAP
21   Loan Shabsels Fee Portfolio NAP 100.0% $893,225 $0 $893,225 7.7% $0 $893,225 7.7%   Various Various Various Various   Various Various Various Various   Various
21.01   Property 9 Farm Springs NAP 100.0% $496,236 $0 $496,236 7.7% $0 $496,236 7.7%   United Technologies Corporation 6/30/2022 132,289 100.0%   NAP NAP NAP NAP   NAP
21.02   Property Clocktower Place NAP 100.0% $396,989 $0 $396,989 7.7% $0 $396,989 7.7%   Ross Dress for Less 1/31/2024 33,357 16.1%   Florissant Furniture 8/31/2020 30,033 14.5%   Aldi
22   Loan Greenfield Gateway 3.6% 93.0% $1,455,726 $291,153 $1,164,573 10.7% $40,625 $1,123,948 10.3%   EOS Fitness 04/30/2034 35,000 51.7%   Perfect Pawn 11/01/2029 3,900 5.8%   Bright Now Dental
23   Loan Gatlin Retail Portfolio 8.0% 84.5% $3,416,598 $1,135,745 $2,280,854 9.6% $210,770 $2,070,084 8.7%   Walmart Various Various Various   Various Various Various Various   Various
23.01   Property The Forum at Gateways 8.0% 81.5% $2,580,482 $909,025 $1,671,457 9.6% $166,538 $1,504,919 8.7%   Walmart 1/26/2024 129,615 50.6%   LA Fitness 1/31/2029 42,300 16.5%   Dollar Tree
23.02   Property Wilson Square Shopping Center 8.0% 95.0% $836,116 $226,719 $609,397 9.6% $44,232 $565,165 8.7%   Walmart 11/6/2029 40,600 59.7%   Blink Fitness 9/4/2029 11,400 16.8%   Own It Home Furnishings
24   Loan Paradise Shoppes of Summerville 9.1% 95.1% $1,352,176 $528,882 $823,294 8.8% $40,724 $782,570 8.4%   Publix 11/30/2026 38,997 62.1%   El Jalapeno 10/31/2022 4,200 6.7%   Grow Financial
25   Loan Wyndham - Norfolk 22.6% 72.3% $5,412,759 $3,389,340 $2,023,418 22.5% $216,510 $1,806,908 20.1%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
26   Loan Sharonville Plaza 6.8% 94.9% $1,328,837 $323,530 $1,005,306 11.3% $68,077 $937,229 10.5%   Gabriel Brothers 7/31/2027 55,103 39.9%   Kroger (subleased to Tile Shop) 10/31/2023 30,975 22.5%   Next Level Fitness
27   Loan Bemidji Mixed Use Portfolio 9.6% 92.6% $1,182,501 $344,497 $838,004 9.5% $76,477 $761,527 8.7%   Various Various Various Various   Various Various Various Various   Various
27.01   Property Cottage Park Townhomes 9.6% 94.6% $443,185 $110,021 $333,164 9.5% $14,400 $318,764 8.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
27.02   Property Supreme Business Center 9.6% 92.9% $331,762 $102,294 $229,468 9.5% $31,341 $198,127 8.7%   Mi Rancho 6/30/2021 4,500 23.8%   REM North Star 677B 3/31/2021 2,700 14.3%   TransCanada USA Pipeline Services
27.03   Property 519 Anne Street Northwest 9.6% 92.5% $222,388 $66,279 $156,109 9.5% $22,936 $133,173 8.7%   Professional Salon Academy 12/31/2019 6,500 43.3%   Stellher Human Svcs 519B 12/31/2025 4,500 30.0%   Medical Business Services, LLC
27.04   Property Stonegate Studios 9.6% 91.4% $185,165 $65,903 $119,262 9.5% $7,800 $111,463 8.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
28   Loan Home2 Suites OKC 14.0% 76.0% $2,580,457 $1,420,557 $1,159,900 13.3% $103,218 $1,056,682 12.1%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
29   Loan Hy-Vee Omaha NAP 95.0% $693,500 $20,805 $672,695 8.2% $0 $672,695 8.2%   Hy-Vee, Inc. 12/31/2034 80,444 100.0%   NAP NAP NAP NAP   NAP
30   Loan Plaza at Santa Barbara 9.0% 91.4% $1,187,149 $261,116 $926,033 11.3% $39,562 $886,471 10.8%   CVS 5041 FL, LLC 1/31/2037 14,094 25.8%   The R’s Diner, Inc. d/b/a/ La Sierra Restaurant 9/30/2023 4,880 8.9%   A&B Beverage (Ghanshyam P.)
31   Loan Phoenix Industrial Portfolio II 10.3% 91.2% $9,131,734 $2,447,004 $6,684,731 9.8% $873,219 $5,811,511 8.5%   Various Various Various Various   Various Various Various Various   Various
31.01   Property DuBois 10.3% 100.0% $1,987,794 $534,766 $1,453,028 9.8% $172,468 $1,280,560 8.5%   DuBois Logistics, LLC 2/28/2025 612,800 100.0%   NAP NAP NAP NAP   NAP
31.02   Property Jefferson 10.3% 100.0% $1,632,426 $245,814 $1,386,611 9.8% $239,171 $1,147,440 8.5%   Generac Power Systems, Inc. 11/30/2023 591,840 100.0%   NAP NAP NAP NAP   NAP
31.03   Property Flint 10.3% 100.0% $2,526,240 $410,208 $2,116,032 9.8% $249,417 $1,866,615 8.5%   AI-Wixom 6/30/2025 460,000 100.0%   NAP NAP NAP NAP   NAP

 

A-1-11

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                                                 
        MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(14)   LARGEST TENANT INFORMATION(15)(16)(18)   2ND LARGEST TENANT INFORMATION(15)(16)(18)   3RD LARGEST TENANT
INFORMATION(15)(16)(18)
Loan ID Footnotes Flag Deal Name 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
  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
31.04   Property Beloit 10.3% 67.0% $1,689,683 $921,780 $767,903 9.8% $114,550 $653,354 8.5%   Bay Valley Foods 5/31/2020 140,947 34.1%   Axium Foods, Inc. 8/31/2020 99,670 24.1%   Foal, LLC
31.05   Property Huntsville 10.3% 96.5% $1,295,591 $334,435 $961,156 9.8% $97,613 $863,543 8.5%   Boneal Aerospace, Inc. 3/31/2022 124,630 39.9%   Intercept Industries, Ltd. 1/31/2021 104,825 33.6%   Custom Assembly, Inc
32   Loan LA Fitness Riverside 13.3% 95.0% $949,633 $117,851 $831,782 10.4% $38,042 $793,740 9.9%   Fitness International, LLC 08/31/2034 45,000 100.0%   NAP NAP NAP NAP   NAP
33   Loan Cedar Trails Apartments 8.4% 93.8% $1,228,743 $565,462 $663,281 8.4% $30,000 $633,281 8.0%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
34   Loan Maple Ridge Townhomes 8.0% 95.0% $952,341 $350,878 $601,463 8.2% $13,000 $588,463 8.1%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
35   Loan Bassett Furniture - King of Prussia 10.0% 95.0% $679,816 $16,117 $663,699 9.5% $10,800 $652,899 9.3%   Bassett Furniture 4/30/2032 18,000 100.0%   NAP NAP NAP NAP   NAP
36   Loan Villa Carmel 6.5% 88.9% $773,948 $264,005 $509,943 7.5% $8,120 $501,823 7.4%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
37   Loan Osprey Cove South 9.3% 94.0% $1,465,374 $683,600 $781,774 11.5% $45,600 $736,174 10.8%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
38   Loan Del Mar Terrace Apartments 34.5% 92.4% $9,879,531 $4,333,713 $5,545,818 34.2% $253,000 $5,292,818 32.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
39   Loan Palm View Estates 7.3% 71.7% $778,933 $227,692 $551,240 8.5% $6,131 $545,110 8.4%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
40   Loan Alma Elliot Square Shopping Center 9.3% 71.9% $926,696 $288,121 $638,575 10.1% $16,297 $622,278 9.9%   St. Vincent de Paul
(Thrift Store)
9/30/2020 8,063 13.0%   O’Reilly Auto Parts 5/31/2024 4,965 8.0%   Nature’s Health
41   Loan West Salem MHP 10.1% 95.0% $1,007,736 $450,604 $557,133 9.7% $13,100 $544,033 9.5%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
42   Loan 4 Mountainview Terrace 10.1% 83.5% $1,235,713 $509,087 $726,626 13.1% $68,710 $657,916 11.8%   SI Group 10/31/2024 14,320 22.3%   BMO Harris Bank, N.A. 1/31/2024 10,304 16.0%   Framework Solutions
43   Loan Fairfield Inn and Suites Fredericksburg 14.6% 64.0% $2,446,371 $1,689,260 $757,111 13.8% $97,855 $659,256 12.0%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
44   Loan Allen Ridge Luxury Apartments 9.7% 95.0% $640,965 $131,801 $509,164 9.3% $14,000 $495,164 9.0%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
45   Loan Hampton Inn - McLeansville (Greensboro East) 15.2% 62.9% $1,909,432 $1,084,309 $825,123 15.0% $76,377 $748,746 13.6%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
46   Loan Courtyard by Marriott Secaucus 15.9% 76.4% $8,024,714 $5,712,452 $2,312,262 15.5% $401,236 $1,911,026 12.8%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
47   Loan 48 Brookfield Oaks Dr 7.3% 93.2% $746,910 $222,506 $524,404 10.8% $51,255 $473,149 9.8%   Gravitopia Carolina, LLC 4/30/2026 35,160 54.2%   Summit Church 9/30/2020 9,000 13.9%   S&ME, Inc.
48   Loan Studio 9Forty Apartments NAP 95.0% $531,248 $144,748 $386,500 8.2% $6,000 $380,500 8.1%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
49   Loan Erie Plaza 9.5% 95.0% $527,369 $155,659 $371,710 8.9% $6,587 $365,123 8.7%   Dollar General 5/31/2020 10,773 31.1%   Grocery Leasing Corp. 4/30/2031 10,500 30.3%   Metro PCS
50   Loan 2375 South 9th Street NAP 95.0% $398,565 $90,946 $307,618 8.6% $6,170 $301,448 8.4%   Pan Kansas, LLC d/b/a Panera Bread 5/31/2033 4,243 44.7%   Alltel Communications, LLC d/b/a Verizon Wireless 8/31/2026 3,000 31.6%   Chipotle Mexican Grill
51   Loan Delano MHP 8.2% 82.6% $599,482 $265,234 $334,248 9.8% $5,450 $328,798 9.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
52   Loan Crunch Fitness Tuscaloosa NAP 95.0% $449,591 $142,631 $306,960 10.4% $27,478 $279,482 9.5%   Crunch Fitness 1/31/2034 42,274 100.0%   NAP NAP NAP NAP   NAP
53   Loan Anchor Danly - Ithaca NAP 95.0% $392,986 $11,790 $381,197 13.2% $23,481 $357,715 12.4%   Anchor Danly 9/30/2039 60,597 100.0%   NAP NAP NAP NAP   NAP
54   Loan Belle Place MHC 10.6% 95.0% $355,130 $104,935 $250,195 10.9% $5,050 $245,145 10.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
55   Loan Middlefield MHC 9.3% 88.7% $477,377 $280,889 $196,488 9.5% $7,050 $189,438 9.2%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP

 

A-1-12

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        3RD LARGEST TENANT
INFORMATION(15)(16)(18)
  4TH LARGEST TENANT INFORMATION(15)(16)(18)   5TH LARGEST TENANT INFORMATION(15)(16)(18)   MORTGAGE LOAN RESERVE INFORMATION(19)
Loan ID Footnotes Flag Deal Name 3rd Largest
Tenant Lease
Expiration
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
  4th Largest
Tenant(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
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap(20)
1   Loan The Met Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 Springing $120,000
2   Loan Palm Beach Estates NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $40,722 NAP
3   Loan Towne Center East 12/31/2028 6,000 3.9%   SalonCentric 6/30/2022 4,080 2.6%   Fish-O-Licious 10/31/2025 2,270 1.5%   $0 Springing $61,900
4   Loan Farmers Insurance NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 Springing NAP
5   Loan ILPT Industrial Portfolio NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $0 NAP
5.01   Property 1800 Union Airpark Boulevard NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.02   Property 4237-4255 Anson Boulevard NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.03   Property 5000 Commerce Way NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.04   Property 5142 and 5148 North Hanley Road NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.05   Property 945 Monument Drive NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.06   Property 2801 Airwest Boulevard NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.07   Property 20 Logistics Boulevard NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.08   Property 5500 SE Delaware Ave NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.09   Property 2150 Stanley Road NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.10   Property 16101 Queens Court NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
5.11   Property 5 Logistics Drive NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
6   Loan The Sunstone Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 Springing $46,000
7   Loan Duane Reade - Columbia University NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $131 NAP
8   Loan United Healthcare Office NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $3,402 NAP
9   Loan Patriots Crossing Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $7,542 NAP
10   Loan Redwood Technology Center 4/30/2022 17,287 11.2%   Sutter West Bay Medical 11/30/2025 7,198 4.7%   Keller Williams Realty 4/30/2020 7,016 4.5%   $0 $2,577 $77,306
11   Loan Edgewood Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $6,600 NAP
12   Loan 420 North Main Street 7/14/2030 47,326 7.5%   Villegas Furniture, Inc. 8/31/2023 46,610 7.3%   E&O Recycling Inc 6/30/2023 44,253 7.0%   $500,000 $7,937 NAP
13   Loan Kohl’s Plaza 4/30/2033 5,403 3.4%   Mattress Firm 11/30/2025 5,175 3.2%   Pizza Hut 12/31/2026 3,745 2.3%   $0 $839 NAP
14   Loan Crimson Retail Portfolio Various Various Various   Various Various Various Various   Various Various Various Various   $0 $3,980 $334,397
14.01   Property Little Elm 4/30/2023 10,000 6.7%   The Draft House 11/30/2024 5,057 3.4%   Hibbett Sporting Goods 5/31/2023 5,000 3.3%        
14.02   Property South Plaza 8/31/2028 10,800 8.5%   Autozone 7/31/2023 7,910 6.2%   Brookesville Natural Foods 10/31/2022 5,400 4.2%        
14.03   Property Office Depot NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
14.04   Property JoAnn Fabrics NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
15   Loan Presidential City NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $12,688 $761,250
16   Loan Plaistow Center 2/29/2028 17,313 13.1%   Dollar Tree Stores, Inc. 6/30/2024 12,000 9.1%   National Tire and Battery - NTB 2/20/2032 7,200 5.4%   $0 $1,956 NAP
17   Loan 3100 Alvin Devane 1/31/2028 13,214 18.8%   NAP NAP NAP NAP   NAP NAP NAP NAP   $17,597 $1,466 NAP
18   Loan Home2 Suites by Hilton Charlotte University Research Park NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 Springing NAP
19   Loan Rochester Portfolio Various Various Various   Various Various Various Various   Various Various Various Various   $0 $2,875 NAP
19.01   Property Westfall Townhomes NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
19.02   Property Jefferson Plaza 3/30/2022 5,852 8.9%   Elim Gospel Church 2/28/2022 5,468 8.3%   Uniform Village 12/31/2024 5,310 8.1%        
19.03   Property Saginaw Plaza 9/30/2024 3,000 7.4%   Yoruk Development Co. 12/31/2024 2,600 6.4%   New York Technology Partners 11/30/2024 2,400 5.9%        
19.04   Property South Winton Court 11/30/2023 4,000 8.3%   Avarus Solutions, LLC 3/30/2025 3,800 7.9%   American Print 9/30/2022 3,500 7.3%        
20   Loan 1447 Enterprise Boulevard NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $1,707 $100,000
21   Loan Shabsels Fee Portfolio Various Various Various   Various Various Various Various   Various Various Various Various   $0 Springing NAP
21.01   Property 9 Farm Springs NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
21.02   Property Clocktower Place 12/31/2024 18,600 9.0%   Citi Trends 10/31/2024 18,000 8.7%   K&G Fashion Superstore 4/30/2026 16,028 7.7%        
22   Loan Greenfield Gateway 12/31/2020 3,600 5.3%   CrossFit New Strength 08/31/2020 3,524 5.2%   Time Out Sports 06/30/2024 3,007 4.4%   $0 $564 NAP
23   Loan Gatlin Retail Portfolio Various Various Various   Various Various Various Various   Various Various Various Various   $0 $4,053 NAP
23.01   Property The Forum at Gateways 11/1/2029 11,972 4.7%   Buffalo Wild Wings 4/12/2024 7,583 3.0%   Rondo Produce Market 1/31/2025 4,866 1.9%        
23.02   Property Wilson Square Shopping Center 10/31/2024 5,280 7.8%   Super Wing & Philly 2/28/2026 1,575 2.3%   Smoke N’ Vape 2/28/2020 1,500 2.2%        
24   Loan Paradise Shoppes of Summerville 10/31/2021 2,800 4.5%   Eggs Up Grill 3/31/2028 2,800 4.5%   Top Nail (BICH THUY NGOC DAO) 3/31/2025 1,400 2.2%   $0 $785 NAP
25   Loan Wyndham - Norfolk NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $17,377 NAP
26   Loan Sharonville Plaza 8/31/2029 29,066 21.1%   Patel Brothers 8/31/2021 9,000 6.5%   Tasty Pot Cuisine 4/30/2026 3,200 2.3%   $0 $1,724 NAP
27   Loan Bemidji Mixed Use Portfolio Various Various Various   Various Various Various Various   Various Various Various Various   $100,000 $2,415 NAP
27.01   Property Cottage Park Townhomes NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
27.02   Property Supreme Business Center 3/31/2018 2,400 12.7%   Stellher Human Svcs 677F 12/31/2025 2,200 11.6%   Education MN 4/30/2020 1,700 9.0%        
27.03   Property 519 Anne Street Northwest 9/30/2025 2,500 16.7%   Life Quest 519C 7/31/2023 1,500 10.0%   NAP NAP NAP NAP        
27.04   Property Stonegate Studios NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
28   Loan Home2 Suites OKC NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $4,301 NAP
29   Loan Hy-Vee Omaha NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 Springing NAP
30   Loan Plaza at Santa Barbara 4/30/2022 4,600 8.4%   Capital Pawn, Inc. 8/31/2024 3,990 7.3%   Grupo Flamingo, Inc. 8/31/2021 3,000 5.5%   $0 $676 NAP
31   Loan Phoenix Industrial Portfolio II Various Various Various   Various Various Various Various   NAP NAP NAP NAP   $0 $19,922 $481,308
31.01   Property DuBois NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
31.02   Property Jefferson NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        
31.03   Property Flint NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP        

 

A-1-13

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                                         
        3RD LARGEST TENANT
INFORMATION(15)(16)(18)
  4TH LARGEST TENANT INFORMATION(15)(16)(18)   5TH LARGEST TENANT INFORMATION(15)(16)(18)   MORTGAGE LOAN RESERVE INFORMATION(19)
Loan ID Footnotes Flag Deal Name 3rd Largest
Tenant Lease
Expiration
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
  4th Largest
Tenant(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
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap(20)
31.04   Property Beloit 1/31/2020 18,511 4.5%   SSB Manufacturing Company 11/30/2021 18,175 4.4%   NAP NAP NAP NAP        
31.05   Property Huntsville 11/30/2019 70,000 22.4%   NAP NAP NAP NAP   NAP NAP NAP NAP        
32   Loan LA Fitness Riverside NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $550,000 $0 NAP
33   Loan Cedar Trails Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $2,500 NAP
34   Loan Maple Ridge Townhomes NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $1,083 NAP
35   Loan Bassett Furniture - King of Prussia NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $225 NAP
36   Loan Villa Carmel NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $677 NAP
37   Loan Osprey Cove South NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $533,171 $4,750 $228,000
38   Loan Del Mar Terrace Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $21,083 NAP
39   Loan Palm View Estates NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $511 NAP
40   Loan Alma Elliot Square Shopping Center 4/30/2024 3,942 6.3%   Masa Sushi 11/30/2024 3,300 5.3%   Ye’s Restaurant 1/31/2024 2,250 3.6%   $0 $1,036 NAP
41   Loan West Salem MHP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $1,092 NAP
42   Loan 4 Mountainview Terrace 11/30/2026 8,272 12.9%   Orion Mobility, LLC 10/31/2022 5,500 8.6%   Education Connection 6/30/2022 4,500 7.0%   $0 $1,109 NAP
43   Loan Fairfield Inn and Suites Fredericksburg NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $1,138 NAP
44   Loan Allen Ridge Luxury Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $1,167 $50,000
45   Loan Hampton Inn - McLeansville (Greensboro East) NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $6,365 NAP
46   Loan Courtyard by Marriott Secaucus NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 Springing NAP
47   Loan 48 Brookfield Oaks Dr 11/30/2023 8,582 13.2%   Progressive Athletic Performance, LLC 7/31/2024 4,046 6.2%   RurouniFADI, LLC 8/31/2024 4,046 6.2%   $0 $1,027 NAP
48   Loan Studio 9Forty Apartments NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $500 $500 NAP
49   Loan Erie Plaza 12/31/2025 4,500 13.0%   The Geo Group 1/1/2024 4,140 11.9%   Fine Wine & Good Spirits 3/31/2021 3,354 9.7%   $0 $578 NAP
50   Loan 2375 South 9th Street 5/31/2028 2,250 23.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $119 $5,696
51   Loan Delano MHP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $100,000 $454 NAP
52   Loan Crunch Fitness Tuscaloosa NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $528 NAP
53   Loan Anchor Danly - Ithaca NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $757 $27,269
54   Loan Belle Place MHC NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $421 NAP
55   Loan Middlefield MHC NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   $0 $633 NAP

 

A-1-14

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN RESERVE INFORMATION(19)            
Loan ID Footnotes Flag Deal Name 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
1   Loan The Met Apartments $0 $0 NAP $0 Springing $0 Springing $0 $0 $0
2   Loan Palm Beach Estates $0 $0 NAP $377,486 $34,317 $397,408 $39,741 $337,249 $0 $0
3   Loan Towne Center East $0 Springing $232,125 $0 Springing $0 Springing $0 $0 $0
4   Loan Farmers Insurance $0 Springing NAP $0 Springing $0 Springing $0 $289,294 $0
5   Loan ILPT Industrial Portfolio $0 $0 NAP $0 Springing $0 Springing $0 $0 $0
5.01   Property 1800 Union Airpark Boulevard                    
5.02   Property 4237-4255 Anson Boulevard                    
5.03   Property 5000 Commerce Way                    
5.04   Property 5142 and 5148 North Hanley Road                    
5.05   Property 945 Monument Drive                    
5.06   Property 2801 Airwest Boulevard                    
5.07   Property 20 Logistics Boulevard                    
5.08   Property 5500 SE Delaware Ave                    
5.09   Property 2150 Stanley Road                    
5.10   Property 16101 Queens Court                    
5.11   Property 5 Logistics Drive                    
6   Loan The Sunstone Apartments $0 $0 NAP $0 Springing $0 Springing $0 $0 $0
7   Loan Duane Reade - Columbia University $0 $657 NAP $0 Springing $11,339 Springing $0 $0 $0
8   Loan United Healthcare Office $0 $29,768 NAP $0 Springing $0 Springing $0 $0 $0
9   Loan Patriots Crossing Apartments $0 $0 NAP $170,466 $14,695 $48,146 $6,335 $371,213 $0 $0
10   Loan Redwood Technology Center $750,000 $19,327 NAP $17,459 $8,730 $26,719 $3,107 $0 $0 $0
11   Loan Edgewood Apartments $0 $0 NAP $79,003 $7,182 $85,379 $10,672 $401,829 $0 $0
12   Loan 420 North Main Street $100,000 $10,583 $635,000 $18,256 $4,564 $29,956 $2,723 $79,064 $0 $0
13   Loan Kohl’s Plaza $0 $6,551 $353,741 $158,022 $15,230 $10,987 $10,987 $0 $0 $0
14   Loan Crimson Retail Portfolio $215,000 $15,919 $1,146,161 $94,740 $66,968 $24,585 $10,976 $233,219 $0 $0
14.01   Property Little Elm                    
14.02   Property South Plaza                    
14.03   Property Office Depot                    
14.04   Property JoAnn Fabrics                    
15   Loan Presidential City $150,000 $6,540 $235,449 $946,295 $135,185 $129,834 Springing $0 $0 $0
16   Loan Plaistow Center $200,000 $4,413 (i) $350,000 until the occurrence of a Leasing Reserve Trigger and (ii) $200,000 from and after the occurrence of a Leasing Reserve Trigger $230,901 $38,484 $7,907 $3,953 $0 $0 $0
17   Loan 3100 Alvin Devane $105,582 $8,799 $316,746 $0 $23,289 $0 $2,663 $10,800 $0 $0
18   Loan Home2 Suites by Hilton Charlotte University Research Park $0 $0 NAP $23,652 $7,884 $7,334 $3,667 $0 $0 $0
19   Loan Rochester Portfolio $600,000 $12,815 $600,000 $224,782 $30,583 $8,149 $4,937 $23,163 $0 $0
19.01   Property Westfall Townhomes                    
19.02   Property Jefferson Plaza                    
19.03   Property Saginaw Plaza                    
19.04   Property South Winton Court                    
20   Loan 1447 Enterprise Boulevard $0 Springing NAP $0 $6,931 $0 Springing $9,000 $0 $0
21   Loan Shabsels Fee Portfolio $0 Springing NAP $0 Springing $0 Springing $0 $0 $0
21.01   Property 9 Farm Springs                    
21.02   Property Clocktower Place                    
22   Loan Greenfield Gateway $34,500 $2,821 $101,564 $32,799 $11,609 $3,649 $912 $68,351 $0 $0
23   Loan Gatlin Retail Portfolio $0 $13,511 NAP $211,249 $36,596 $0 Springing $142,933 $0 $0
23.01   Property The Forum at Gateways                    
23.02   Property Wilson Square Shopping Center                    
24   Loan Paradise Shoppes of Summerville $0 $3,925 $235,000 $173,552 $15,777 $0 Springing $0 $0 $0
25   Loan Wyndham - Norfolk $0 $0 NAP $0 $8,877 $81,915 $9,798 $21,563 $31,733 $0
26   Loan Sharonville Plaza $0 $5,748 $310,379 $79,745 $12,083 $19,332 $1,632 $5,344 $0 $0
27   Loan Bemidji Mixed Use Portfolio $100,000 $2,825 $133,900 $12,135 $12,135 $2,873 $2,873 $0 $0 $0
27.01   Property Cottage Park Townhomes                    
27.02   Property Supreme Business Center                    
27.03   Property 519 Anne Street Northwest                    
27.04   Property Stonegate Studios                    
28   Loan Home2 Suites OKC $0 $0 NAP $11,287 $11,283 $31,664 $4,523 $5,000 $0 $0
29   Loan Hy-Vee Omaha $0 Springing NAP $0 Springing $0 Springing $0 $0 $0
30   Loan Plaza at Santa Barbara $0 $2,083 $125,000 $9,818 $4,909 $36,805 $3,681 $0 $0 $0
31   Loan Phoenix Industrial Portfolio II $0 $199,221 $1,500,000 $261,385 $62,502 $159,062 $13,255 $283,040 $0 $0
31.01   Property DuBois                    
31.02   Property Jefferson                    
31.03   Property Flint                    

 

A-1-15

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                           
        MORTGAGE LOAN RESERVE INFORMATION(19)
Loan ID Footnotes Flag Deal Name 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
31.04   Property Beloit                    
31.05   Property Huntsville                    
32   Loan LA Fitness Riverside $0 $0 NAP $0 Springing $3,351 $558 $0 $0 $0
33   Loan Cedar Trails Apartments $0 $0 NAP $0 $8,643 $31,997 $3,200 $3,125 $0 $0
34   Loan Maple Ridge Townhomes $0 $0 NAP $206,372 $15,875 $11,713 $2,343 $0 $0 $0
35   Loan Bassett Furniture - King of Prussia $0 $750 $45,000 $0 Springing $3,736 $747 $0 $0 $0
36   Loan Villa Carmel $0 $0 NAP $5,836 $2,918 $16,939 $1,412 $11,479 $0 $0
37   Loan Osprey Cove South $0 $0 NAP $0 $1,980 $16,748 $6,442 $78,300 $0 $0
38   Loan Del Mar Terrace Apartments $0 $0 NAP $213,501 $53,375 $55,451 $10,082 $0 $0 $0
39   Loan Palm View Estates $0 $0 NAP $14,518 $3,019 $18,111 $3,445 $0 $0 $0
40   Loan Alma Elliot Square Shopping Center $250,000 $2,475 NAP $10,000 $7,708 $0 Springing $9,750 $0 $0
41   Loan West Salem MHP $0 $0 NAP $63,223 $10,537 $2,749 $344 $11,760 $0 $0
42   Loan 4 Mountainview Terrace $100,000 $6,690 NAP $10,048 $6,280 $2,691 $1,682 $22,838 $0 $0
43   Loan Fairfield Inn and Suites Fredericksburg $0 $0 NAP $10,901 $10,901 $6,534 $3,267 $0 $0 $0
44   Loan Allen Ridge Luxury Apartments $0 $0 NAP $0 $4,440 $1,681 $1,681 $0 $0 $0
45   Loan Hampton Inn - McLeansville (Greensboro East) $0 Springing NAP $0 $4,453 $10,420 $2,265 $0 $0 $0
46   Loan Courtyard by Marriott Secaucus $0 $0 NAP $0 Springing $0 Springing $0 $0 $0
47   Loan 48 Brookfield Oaks Dr $0 $2,667 $128,000 $76,359 $6,942 $4,823 $1,608 $0 $0 $0
48   Loan Studio 9Forty Apartments $0 $0 NAP $0 $2,137 $2,197 $732 $30,000 $0 $0
49   Loan Erie Plaza $240,000 $1,444 NAP $36,563 $3,809 $22,006 $2,277 $0 $0 $0
50   Loan 2375 South 9th Street $0 $396 $18,986 $17,352 $2,892 $7,076 $643 $0 $0 $0
51   Loan Delano MHP $0 $0 NAP $41,875 $10,469 $2,514 $1,257 $115,878 $0 $0
52   Loan Crunch Fitness Tuscaloosa $0 $1,761 NAP $10,839 $5,420 $2,513 $1,257 $3,600 $0 $0
53   Loan Anchor Danly - Ithaca $0 $2,525 NAP $0 Springing $0 Springing $0 $0 $0
54   Loan Belle Place MHC $0 $0 NAP $742 $371 $1,596 $532 $0 $0 $0
55   Loan Middlefield MHC $0 $0 NAP $13,454 $4,485 $1,059 $1,059 $10,813 $0 $0

 

A-1-16

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN RESERVE INFORMATION(19)    
Loan ID Footnotes Flag Deal Name Upfront Environmental Reserves Initial Other
Reserves
Initial Other Reserves Description Ongoing Other Reserves Ongoing Other Reserves Description
1   Loan The Met Apartments $0 $0 NAP $0 NAP
2   Loan Palm Beach Estates $0 $150,000 Insurance Deductible Reserve $0 NAP
3   Loan Towne Center East $0 $44,675 Unfunded Obligations Reserve Home Depot Rollover Reserve (Springing) Upon the occurrence of Home Depot (i) failing to exercise its lease extension prior to the date it is required to do so or (ii) delivering written notice that it does not intend to exercise its extension or renewal option, Borrower shall deposit all remaining funds outstanding in the Cash Management Account
4   Loan Farmers Insurance $0 $0 NAP $0 NAP
5   Loan ILPT Industrial Portfolio $0 $6,134,904 Toro Expansion Reserve $0 NAP
5.01   Property 1800 Union Airpark Boulevard          
5.02   Property 4237-4255 Anson Boulevard          
5.03   Property 5000 Commerce Way          
5.04   Property 5142 and 5148 North Hanley Road          
5.05   Property 945 Monument Drive          
5.06   Property 2801 Airwest Boulevard          
5.07   Property 20 Logistics Boulevard          
5.08   Property 5500 SE Delaware Ave          
5.09   Property 2150 Stanley Road          
5.10   Property 16101 Queens Court          
5.11   Property 5 Logistics Drive          
6   Loan The Sunstone Apartments $0 $0 NAP $0 NAP
7   Loan Duane Reade - Columbia University $0 $0 NAP $0 NAP
8   Loan United Healthcare Office $0 $1,000,000 Material Tenant Rollover Springing During a Material Tenant Trigger Event Period, Borrower shall deposit with Lender all Material Tenant Trigger Event Excess Cash Flow for tenant allowances and TI/LCs that may be incurred or required to be reimbursed by Borrower in connection with an Acceptable Material Lease Extension or an Acceptable Material Tenant Space Re-tenanting Event.
9   Loan Patriots Crossing Apartments $0 $0 NAP $0 NAP
10   Loan Redwood Technology Center $0 $0 NAP $0 NAP
11   Loan Edgewood Apartments $0 $0 NAP $0 NAP
12   Loan 420 North Main Street $0 $0 NAP $0 NAP
13   Loan Kohl’s Plaza $804,100 $0 NAP Springing Lease Sweep Reserve
14   Loan Crimson Retail Portfolio Environmental Deductible Reserve ($12,500); Environmental Program Annual Registration ($1,250) $568,688 Rent Concessions Reserve ($23,688); TATILC Reserve Funds ($545,000) $0 NAP
14.01   Property Little Elm          
14.02   Property South Plaza          
14.03   Property Office Depot          
14.04   Property JoAnn Fabrics          
15   Loan Presidential City $0 $270,833 Free Rent Reserve $0 NAP
16   Loan Plaistow Center $0 $0 NAP $0 NAP
17   Loan 3100 Alvin Devane $0 $0 NAP $0 NAP
18   Loan Home2 Suites by Hilton Charlotte University Research Park $0 $165,000 Upfront PIP Reserve $0 NAP
19   Loan Rochester Portfolio $0 $266,939 Tenant Occupancy Reserve ($266,939) Goodwill Reserve (Springing) In the event Goodwill fails to waive its right to terminate its lease on or prior to June 30, 2020, then commencing on July 1, 2020 and on each payment date thereafter, borrower shall escrow $17,834.96 into a reserve
19.01   Property Westfall Townhomes          
19.02   Property Jefferson Plaza          
19.03   Property Saginaw Plaza          
19.04   Property South Winton Court          
20   Loan 1447 Enterprise Boulevard $0 $1,020,000 Unfunded Obligations Reserve ($720,000); Pactiv Reserve Funds ($300,000) $0 NAP
21   Loan Shabsels Fee Portfolio $62,500 $1,357,500 UTC Rent Reserve ($1,162,500.00); Ground Rent Reserve ($195,000) $0 NAP
21.01   Property 9 Farm Springs          
21.02   Property Clocktower Place          
22   Loan Greenfield Gateway $0 $113,600 Perfect Pawn ($87,000); Kure Corp/Cigalicious ($26,600) $0 0
23   Loan Gatlin Retail Portfolio $6,250 $1,356,453 Free Rent Reserve ($226,892.09); Unfunded Obligation Reserve ($1,129,560.75) $0 NAP
23.01   Property The Forum at Gateways          
23.02   Property Wilson Square Shopping Center          
24   Loan Paradise Shoppes of Summerville $0 $0 NAP Lease Termination Fee Reserve (Springing) In the event that Borrower receives a terminaiton fee that exceeds $25,000 from any tenant other than OneMain Financial, borrower immediately deposits the termination fee with the lender.
25   Loan Wyndham - Norfolk $0 $0 NAP Condominium Common Charge Funds (Springing) Borrower is required to make Monthly payments of 1/12th of Condominium Common Charges  that the Lender estimates will be payable during the ensuing 12 months. The Borrower’s obligation to make monthly Condominium Common Charges payments shall be suspended until such time as Condominium Common Charges are assessed against the Property.
26   Loan Sharonville Plaza $0 $442,996 Outparcel Reserve ($123,419.74); TATILC Reserve ($194,502.00); Rent Concession Reserve ($125,074.44) $0 NAP
27   Loan Bemidji Mixed Use Portfolio $0 $0 NAP $0 NAP
27.01   Property Cottage Park Townhomes          
27.02   Property Supreme Business Center          
27.03   Property 519 Anne Street Northwest          
27.04   Property Stonegate Studios          
28   Loan Home2 Suites OKC $0 $0 NAP PIP Reserve (Springing) On the date that any PIP is imposed by the franchisor, 110% of the sum required to pay such PIP
29   Loan Hy-Vee Omaha $0 $0 NAP Springing Lease Sweep Reserve
30   Loan Plaza at Santa Barbara $0 $0 NAP $0 NAP
31   Loan Phoenix Industrial Portfolio II $0 $0 NAP $0 NAP
31.01   Property DuBois          
31.02   Property Jefferson          
31.03   Property Flint          

 

A-1-17

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                 
        MORTGAGE LOAN RESERVE INFORMATION(19)
Loan ID Footnotes Flag Deal Name Upfront Environmental Reserves Initial Other
Reserves
Initial Other Reserves Description Ongoing Other Reserves Ongoing Other Reserves Description
31.04   Property Beloit          
31.05   Property Huntsville          
32   Loan LA Fitness Riverside $0 $0 NAP $0 0
33   Loan Cedar Trails Apartments $0 $0 NAP $0 NAP
34   Loan Maple Ridge Townhomes $0 $0 NAP $0 NAP
35   Loan Bassett Furniture - King of Prussia $0 $0 NAP $0 NAP
36   Loan Villa Carmel $0 $0 NAP $0 NAP
37   Loan Osprey Cove South $0 $0 NAP $0 NAP
38   Loan Del Mar Terrace Apartments $0 $0 NAP $0 NAP
39   Loan Palm View Estates $0 $300,000 Achievement Reserve $0 NAP
40   Loan Alma Elliot Square Shopping Center $0 $500,000 Estoppel Holdback Funds $0 NAP
41   Loan West Salem MHP $0 $0 NAP $0 NAP
42   Loan 4 Mountainview Terrace $0 $0 NAP $0 NAP
43   Loan Fairfield Inn and Suites Fredericksburg $0 $50,000 PIP Reserve $0 NAP
44   Loan Allen Ridge Luxury Apartments $0 $0 NAP $0 NAP
45   Loan Hampton Inn - McLeansville (Greensboro East) $0 $46,500 Seasonality Reserve Seasonality Reserve Commencing in July 2020 through September 2020, and every July through September thereafter, borrower shall deposit an amount equal to one third of 125% of the prior year’s estimated shortfall less any amounts remaining in the seasonality reserve
46   Loan Courtyard by Marriott Secaucus $0 $0 Ground Rent Reserve (Springing) 1/12 of an amount which would be sufficient to pay ground rent payable unless (i) the Management Agreement remains in full force and effect and the Ground Rent is required to be paid directly to the ground lessor under the Ground Lease by Manager pursuant to the Management Agreement; (ii) Lender receives evidence reasonably satisfactory to Lender that the Ground Rent is timely paid. NAP
47   Loan 48 Brookfield Oaks Dr $0 $0 NAP $0 NAP
48   Loan Studio 9Forty Apartments $0 $0 NAP $0 NAP
49   Loan Erie Plaza $0 $0 NAP $0 NAP
50   Loan 2375 South 9th Street $0 $0 NAP $0 NAP
51   Loan Delano MHP $0 $0 NAP $0 NAP
52   Loan Crunch Fitness Tuscaloosa $0 $0 NAP $0 NAP
53   Loan Anchor Danly - Ithaca $0 $0 NAP $0 NAP
54   Loan Belle Place MHC $0 $0 NAP $0 NAP
55   Loan Middlefield MHC $0 $447,500 Capital Expenditure Reserve $0 NAP

 

A-1-18

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

        MORTGAGE LOAN RESERVE INFORMATION(19)     THIRD PARTY REPORTS  
Loan ID Footnotes Flag Deal Name Other Reserves Cap(21) Holdback(22) Holdback Amount(22) Holdback Description(22) Letter of Credit Letter of Credit Description   Appraisal
Value Date
Environmental Phase I
Report Date(23)
Phase II Performed(23) Engineering
Report Date
Seismic
Zone
(Y/N)
Seismic
Report Date
PML %
1   Loan The Met Apartments NAP No NAP NAP No NAP   10/10/2019 9/20/2019 No 10/10/2019 NAP NAP NAP
2   Loan Palm Beach Estates NAP No NAP NAP No NAP   09/23/2019 10/08/2019 No 10/08/2019 NAP NAP NAP
3   Loan Towne Center East $1,551,345 No NAP NAP No NAP   8/27/2019 9/26/2019 No 9/9/2019 4 9/9/2019 11.0%
4   Loan Farmers Insurance NAP No NAP NAP No NAP   8/6/2019 7/25/2019 No 7/25/2019 NAP NAP NAP
5   Loan ILPT Industrial Portfolio NAP No NAP NAP No NAP   Various Various No Various NAP NAP NAP
5.01   Property 1800 Union Airpark Boulevard               7/15/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.02   Property 4237-4255 Anson Boulevard               7/16/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.03   Property 5000 Commerce Way               7/18/2019 7/26/2019 No 7/26/2019 NAP NAP NAP
5.04   Property 5142 and 5148 North Hanley Road               7/15/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.05   Property 945 Monument Drive               7/16/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.06   Property 2801 Airwest Boulevard               7/16/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.07   Property 20 Logistics Boulevard               7/15/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.08   Property 5500 SE Delaware Ave               7/23/2019 7/30/2019 No 7/30/2019 NAP NAP NAP
5.09   Property 2150 Stanley Road               7/16/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.10   Property 16101 Queens Court               7/16/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
5.11   Property 5 Logistics Drive               7/16/2019 7/23/2019 No 7/23/2019 NAP NAP NAP
6   Loan The Sunstone Apartments NAP No NAP NAP No NAP   10/10/2019 9/23/2019 No 10/10/2019 NAP NAP NAP
7   Loan Duane Reade - Columbia University NAP No NAP NAP No NAP   9/13/2019 10/21/2019 No 10/25/2019 NAP NAP NAP
8   Loan United Healthcare Office NAP No NAP NAP No NAP   8/23/2019 9/4/2019 No 9/4/2019 NAP NAP NAP
9   Loan Patriots Crossing Apartments NAP No NAP NAP No NAP   8/14/2019 9/18/2019 No 8/15/2019 NAP NAP NAP
10   Loan Redwood Technology Center NAP No NAP NAP No NAP   10/8/2019 10/9/2019 No 10/9/2019 4 10/9/2019 10.0%
11   Loan Edgewood Apartments NAP No NAP NAP No NAP   8/20/2019 8/28/2019 No 8/30/2019 NAP NAP NAP
12   Loan 420 North Main Street NAP No NAP NAP No NAP   10/9/2019 10/14/2019 No 10/25/2019 NAP NAP NAP
13   Loan Kohl’s Plaza NAP No NAP NAP No NAP   9/13/2019 10/25/2019 Yes 10/3/2019 NAP NAP NAP
14   Loan Crimson Retail Portfolio NAP No NAP NAP No NAP   Various 9/24/2019 No 9/24/2019 NAP NAP NAP
14.01   Property Little Elm               9/16/2019 9/24/2019 No 9/24/2019 NAP NAP NAP
14.02   Property South Plaza               9/16/2019 9/24/2019 No 9/24/2019 NAP NAP NAP
14.03   Property Office Depot               9/13/2019 9/24/2019 No 9/24/2019 NAP NAP NAP
14.04   Property JoAnn Fabrics               9/13/2019 9/24/2019 No 9/24/2019 NAP NAP NAP
15   Loan Presidential City $0 No NAP NAP No NAP   8/29/2019 06/28/2019 No 06/28/2019 NAP NAP NAP
16   Loan Plaistow Center NAP No NAP NAP No NAP   8/14/2019 9/16/2019 No 9/16/2019 NAP NAP NAP
17   Loan 3100 Alvin Devane NAP No NAP NAP No NAP   9/26/2019 8/26/2019 No 8/30/2019 NAP NAP NAP
18   Loan Home2 Suites by Hilton Charlotte University Research Park NAP No NAP NAP No NAP   8/26/2019 9/4/2019 No 9/4/2019 NAP NAP NAP
19   Loan Rochester Portfolio NAP No NAP NAP No NAP   8/28/2019 9/5/2019 No Various NAP NAP NAP
19.01   Property Westfall Townhomes               8/28/2019 9/5/2019 No 9/5/2019 NAP NAP NAP
19.02   Property Jefferson Plaza               8/28/2019 9/5/2019 No 9/5/2019 NAP NAP NAP
19.03   Property Saginaw Plaza               8/28/2019 9/5/2019 No 9/5/2019 NAP NAP NAP
19.04   Property South Winton Court               8/28/2019 9/5/2019 No 9/19/2019 NAP NAP NAP
20   Loan 1447 Enterprise Boulevard NAP No NAP NAP No NAP   10/14/2019 10/10/2019 No 10/4/2019 NAP NAP NAP
21   Loan Shabsels Fee Portfolio NAP No NAP NAP No NAP   Various 8/9/2019 No 8/9/2019 NAP NAP NAP
21.01   Property 9 Farm Springs               6/18/2019 8/9/2019 No 8/9/2019 NAP NAP NAP
21.02   Property Clocktower Place               6/13/2019 8/9/2019 No 8/9/2019 NAP NAP NAP
22   Loan Greenfield Gateway NAP No NAP NAP No NAP   04/18/2019 05/02/2019 No 10/24/2019 NAP NAP NAP
23   Loan Gatlin Retail Portfolio NAP No NAP NAP No NAP   Various 8/22/2019 No 8/22/2019 NAP NAP NAP
23.01   Property The Forum at Gateways               7/25/2019 8/22/2019 No 8/22/2019 NAP NAP NAP
23.02   Property Wilson Square Shopping Center               8/14/2019 8/22/2019 No 8/22/2019 NAP NAP NAP
24   Loan Paradise Shoppes of Summerville NAP No NAP NAP No NAP   8/6/2019 8/14/2019 No 8/14/2019 NAP NAP NAP
25   Loan Wyndham - Norfolk NAP No NAP NAP No NAP   8/14/2019 10/4/2019 No 10/14/2019 NAP NAP NAP
26   Loan Sharonville Plaza NAP Yes $337,500 At any time prior to the date that is 24 months following the Closing Date, Lender shall disburse to Borrower, not more frequently than two (2) times during the term of the Loan. The disbursement will be done in two equal portions upon the following: (i) no Event of Default is ongoing as of the Earnout Payment Date and the date of request receipt by Lender (ii) Lender shall have received an Acceptable Estoppel (a) from the Tenant known as Bank of America, for disbursement of half of the Earnout Deposit or (b) from the Tenant known as Honest Restaurant, for disbursement of other half of the Earnout Deposit   (iii) immediately following the disbursement, (a) with respect to Tenant known as Bank of America, DY>=9.9% or (b)with respect to Tenant known as Honest Restaurant, DY>=10.4% No NAP   8/28/2019 9/10/2019 No 9/10/2019 NAP NAP NAP
27   Loan Bemidji Mixed Use Portfolio NAP No NAP NAP No NAP   9/5/2019 9/20/2019 No 9/20/2019 NAP NAP NAP
27.01   Property Cottage Park Townhomes               9/5/2019 9/20/2019 No 9/20/2019 NAP NAP NAP
27.02   Property Supreme Business Center               9/5/2019 9/20/2019 No 9/20/2019 NAP NAP NAP
27.03   Property 519 Anne Street Northwest               9/5/2019 9/20/2019 No 9/20/2019 NAP NAP NAP
27.04   Property Stonegate Studios               9/5/2019 9/20/2019 No 9/20/2019 NAP NAP NAP
28   Loan Home2 Suites OKC NAP No NAP NAP No NAP   09/17/2019 09/30/2019 No 09/30/2019 NAP NAP NAP
29   Loan Hy-Vee Omaha NAP No NAP NAP No NAP   9/17/2019 9/18/2019 No 9/17/2019 NAP NAP NAP
30   Loan Plaza at Santa Barbara NAP No NAP NAP No NAP   5/2/2019 5/8/2019 No 5/8/2019 NAP NAP NAP
31   Loan Phoenix Industrial Portfolio II NAP No NAP NAP No NAP   Various Various No Various NAP NAP NAP
31.01   Property DuBois               8/16/2019 8/19/2019 No 8/19/2019 NAP NAP NAP
31.02   Property Jefferson               8/12/2019 8/15/2019 No 8/15/2019 NAP NAP NAP
31.03   Property Flint               8/8/2019 8/15/2019 No 8/15/2019 NAP NAP NAP

 

A-1-19

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                                   
        MORTGAGE LOAN RESERVE INFORMATION(19)   THIRD PARTY REPORTS  
Loan ID Footnotes Flag Deal Name Other Reserves Cap(21) Holdback(22) Holdback Amount(22) Holdback Description(22) Letter of Credit Letter of Credit Description   Appraisal
Value Date
Environmental Phase I
Report Date(23)
Phase II Performed(23) Engineering
Report Date
Seismic
Zone
(Y/N)
Seismic
Report Date
PML %
31.04   Property Beloit               8/12/2019 8/15/2019 No 8/15/2019 NAP NAP NAP
31.05   Property Huntsville               8/19/2019 8/15/2019 No 8/15/2019 NAP NAP NAP
32   Loan LA Fitness Riverside NAP No NAP NAP No NAP   09/24/2019 10/02/2019 No 10/03/2019 4 10/02/2019 12.0%
33   Loan Cedar Trails Apartments NAP No NAP NAP No NAP   9/26/2019 10/4/2019 No 10/3/2019 NAP NAP NAP
34   Loan Maple Ridge Townhomes NAP No NAP NAP No NAP   9/3/2019 9/5/2019 No 9/6/2019 NAP NAP NAP
35   Loan Bassett Furniture - King of Prussia NAP No NAP NAP No NAP   9/23/2019 9/27/2019 No 9/27/2019 NAP NAP NAP
36   Loan Villa Carmel NAP No NAP NAP No NAP   10/10/2019 10/17/2019 No 10/17/2019 NAP NAP NAP
37   Loan Osprey Cove South NAP No NAP NAP No NAP   9/17/2019 9/25/2019 No 9/25/2019 NAP NAP NAP
38   Loan Del Mar Terrace Apartments NAP No NAP NAP No NAP   6/7/2019 6/17/2019 No 6/19/2019 NAP NAP NAP
39   Loan Palm View Estates NAP No NAP NAP No NAP   8/15/2019 8/19/2019 No 8/19/2019 4 8/19/2019 17.0%
40   Loan Alma Elliot Square Shopping Center NAP No NAP NAP No NAP   8/19/2019 8/30/2019 No 8/30/2019 NAP NAP NAP
41   Loan West Salem MHP NAP No NAP NAP No NAP   9/18/2019 10/3/2019 No 10/3/2019 NAP NAP NAP
42   Loan 4 Mountainview Terrace NAP No NAP NAP No NAP   9/5/2019 9/11/2019 No 9/13/2019 NAP NAP NAP
43   Loan Fairfield Inn and Suites Fredericksburg NAP No NAP NAP No NAP   9/15/2019 9/25/2019 No 9/26/2019 NAP NAP NAP
44   Loan Allen Ridge Luxury Apartments NAP No NAP NAP No NAP   7/27/2019 9/30/2019 No 10/29/2019 NAP NAP NAP
45   Loan Hampton Inn - McLeansville (Greensboro East) NAP No NAP NAP No NAP   9/19/2019 9/20/2019 No 9/19/2019 NAP NAP NAP
46   Loan Courtyard by Marriott Secaucus NAP No NAP NAP No NAP   8/1/2019 8/29/2019 No 8/29/2019 NAP NAP NAP
47   Loan 48 Brookfield Oaks Dr NAP No NAP NAP No NAP   8/22/2019 8/28/2019 No 8/28/2019 NAP NAP NAP
48   Loan Studio 9Forty Apartments NAP No NAP NAP No NAP   7/22/2019 7/31/2019 No 7/31/2019 NAP NAP NAP
49   Loan Erie Plaza NAP No NAP NAP No NAP   7/3/2019 7/15/2019 No 7/15/2019 NAP NAP NAP
50   Loan 2375 South 9th Street NAP No NAP NAP No NAP   8/31/2019 9/6/2019 No 9/6/2019 NAP NAP NAP
51   Loan Delano MHP NAP No NAP NAP No NAP   10/25/2019 8/21/2019 No 8/21/2019 NAP NAP NAP
52   Loan Crunch Fitness Tuscaloosa NAP No NAP NAP No NAP   9/4/2019 9/19/2019 No 9/19/2019 NAP NAP NAP
53   Loan Anchor Danly - Ithaca NAP No NAP NAP No NAP   9/23/2019 4/10/2019 No 4/9/2019 NAP NAP NAP
54   Loan Belle Place MHC NAP No NAP NAP No NAP   10/8/2019 10/7/2019 No 10/8/2019 NAP NAP NAP
55   Loan Middlefield MHC NAP No NAP NAP No NAP   7/2/2019 4/30/2019 No 7/19/2019 NAP NAP NAP

 

A-1-20

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

          ADDITIONAL PERMITTED DEBT   TOTAL MORTGAGE DEBT INFORMATION     TOTAL DEBT INFORMATION
Loan ID Footnotes Flag Deal Name   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 The Met Apartments   No NAP   NAP NAP 66.7% 2.25x 8.0%   NAP 66.7% 2.25x 8.0%
2   Loan Palm Beach Estates   Yes Mezzanine: Combined Max LTV 69.0%, Debt Yield>=10.8%, Rating Agency Confirmation, Intercreditor agreement   NAP NAP 63.9% 1.78x 11.4%   NAP 63.9% 1.78x 11.4%
3   Loan Towne Center East   No NAP   NAP NAP 63.2% 2.80x 9.4%   NAP 63.2% 2.80x 9.4%
4   Loan Farmers Insurance   No NAP   $96,450,000 NAP 63.8% 1.82x 10.0%   NAP 63.8% 1.82x 10.0%
5   Loan ILPT Industrial Portfolio   No NAP   $214,400,000 $135,600,000 64.0% 2.47x 9.1%   NAP 64.0% 2.47x 9.1%
5.01   Property 1800 Union Airpark Boulevard             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.02   Property 4237-4255 Anson Boulevard             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.03   Property 5000 Commerce Way             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.04   Property 5142 and 5148 North Hanley Road             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.05   Property 945 Monument Drive             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.06   Property 2801 Airwest Boulevard             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.07   Property 20 Logistics Boulevard             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.08   Property 5500 SE Delaware Ave             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.09   Property 2150 Stanley Road             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.10   Property 16101 Queens Court             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
5.11   Property 5 Logistics Drive             64.0% 2.47x 9.1%     64.0% 2.47x 9.1%
6   Loan The Sunstone Apartments   No NAP   NAP NAP 63.5% 2.14x 7.6%   NAP 63.5% 2.14x 7.6%
7   Loan Duane Reade - Columbia University   No NAP   NAP NAP 67.7% 1.58x 6.8%   NAP 67.7% 1.58x 6.8%
8   Loan United Healthcare Office   No NAP   $46,800,000 NAP 66.7% 1.56x 10.2%   $6,000,000 75.2% 1.30x 9.0%
9   Loan Patriots Crossing Apartments   No NAP   NAP NAP 72.5% 1.61x 9.8%   NAP 72.5% 1.61x 9.8%
10   Loan Redwood Technology Center   No NAP   $36,500,000 NAP 71.6% 1.55x 9.7%   NAP 71.6% 1.55x 9.7%
11   Loan Edgewood Apartments   No NAP   NAP NAP 72.0% 1.39x 8.5%   NAP 72.0% 1.39x 8.5%
12   Loan 420 North Main Street   No NAP   NAP NAP 69.6% 1.82x 11.2%   NAP 69.6% 1.82x 11.2%
13   Loan Kohl’s Plaza   No NAP   NAP NAP 60.5% 1.87x 9.0%   NAP 60.5% 1.87x 9.0%
14   Loan Crimson Retail Portfolio   No NAP   $33,112,500 NAP 72.5% 1.83x 10.8%   NAP 72.5% 1.83x 10.8%
14.01   Property Little Elm             72.5% 1.83x 10.8%     72.5% 1.83x 10.8%
14.02   Property South Plaza             72.5% 1.83x 10.8%     72.5% 1.83x 10.8%
14.03   Property Office Depot             72.5% 1.83x 10.8%     72.5% 1.83x 10.8%
14.04   Property JoAnn Fabrics             72.5% 1.83x 10.8%     72.5% 1.83x 10.8%
15   Loan Presidential City   No NAP   $117,000,000 $100,600,000 57.3% 2.31x 8.3%   $72,400,000 76.3% 1.41x 6.3%
16   Loan Plaistow Center   No NAP   NAP NAP 74.2% 1.75x 10.8%   NAP 74.2% 1.75x 10.8%
17   Loan 3100 Alvin Devane   No NAP   NAP NAP 75.0% 1.43x 8.7%   NAP 75.0% 1.43x 8.7%
18   Loan Home2 Suites by Hilton Charlotte University Research Park   No NAP   NAP NAP 69.9% 1.92x 12.3%   NAP 69.9% 1.92x 12.3%
19   Loan Rochester Portfolio   No NAP   NAP NAP 53.0% 1.79x 11.7%   NAP 53.0% 1.79x 11.7%
19.01   Property Westfall Townhomes             53.0% 1.79x 11.7%     53.0% 1.79x 11.7%
19.02   Property Jefferson Plaza             53.0% 1.79x 11.7%     53.0% 1.79x 11.7%
19.03   Property Saginaw Plaza             53.0% 1.79x 11.7%     53.0% 1.79x 11.7%
19.04   Property South Winton Court             53.0% 1.79x 11.7%     53.0% 1.79x 11.7%
20   Loan 1447 Enterprise Boulevard   No NAP   NAP NAP 68.6% 1.31x 9.6%   NAP 68.6% 1.31x 9.6%
21   Loan Shabsels Fee Portfolio   No NAP   NAP NAP 71.6% 1.52x 7.7%   NAP 71.6% 1.52x 7.7%
21.01   Property 9 Farm Springs             71.6% 1.52x 7.7%     71.6% 1.52x 7.7%
21.02   Property Clocktower Place             71.6% 1.52x 7.7%     71.6% 1.52x 7.7%
22   Loan Greenfield Gateway   No NAP   NAP NAP 55.8% 1.81x 10.7%   NAP 55.8% 1.81x 10.7%
23   Loan Gatlin Retail Portfolio   Yes Mezzanine up to  $2.0 million  with a rate of up to 12.0%: Combined Max DSCR>=1.25x, LTV<=80.7%, Dent Yield>=7.7% (iii) Each of “LA Fitness”, “Walmart” at Wilson Square Shopping Center and “Walmart” at The Forum at Gateways, satisfy all of the Operating Conditions; (v) Intercreditor Agreements   $23,708,250 NAP 76.6% 1.53x 9.6%   NAP 76.6% 1.53x 9.6%
23.01   Property The Forum at Gateways             76.6% 1.53x 9.6%     76.6% 1.53x 9.6%
23.02   Property Wilson Square Shopping Center             76.6% 1.53x 9.6%     76.6% 1.53x 9.6%
24   Loan Paradise Shoppes of Summerville   No NAP   NAP NAP 69.8% 1.48x 8.8%   NAP 69.8% 1.48x 8.8%
25   Loan Wyndham - Norfolk   No NAP   NAP NAP 43.9% 4.68x 22.5%   NAP 43.9% 4.68x 22.5%
26   Loan Sharonville Plaza   No NAP   NAP NAP 78.6% 1.82x 11.3%   NAP 78.6% 1.85x 11.5%
27   Loan Bemidji Mixed Use Portfolio   No NAP   NAP NAP 69.9% 1.41x 9.5%   NAP 69.9% 1.41x 9.5%
27.01   Property Cottage Park Townhomes             69.9% 1.41x 9.5%     69.9% 1.41x 9.5%
27.02   Property Supreme Business Center             69.9% 1.41x 9.5%     69.9% 1.41x 9.5%
27.03   Property 519 Anne Street Northwest             69.9% 1.41x 9.5%     69.9% 1.41x 9.5%
27.04   Property Stonegate Studios             69.9% 1.41x 9.5%     69.9% 1.41x 9.5%
28   Loan Home2 Suites OKC   No NAP   NAP NAP 63.9% 1.96x 13.3%   NAP 63.9% 1.96x 13.3%
29   Loan Hy-Vee Omaha   No NAP   NAP NAP 67.6% 1.84x 8.2%   NAP 67.6% 1.84x 8.2%
30   Loan Plaza at Santa Barbara   No NAP   NAP NAP 61.7% 1.86x 11.3%   NAP 61.7% 1.86x 11.3%
31   Loan Phoenix Industrial Portfolio II   No NAP   $68,000,000 NAP 74.2% 1.41x 9.8%   NAP 74.2% 1.41x 9.8%
31.01   Property DuBois             74.2% 1.41x 9.8%     74.2% 1.41x 9.8%
31.02   Property Jefferson             74.2% 1.41x 9.8%     74.2% 1.41x 9.8%
31.03   Property Flint             74.2% 1.41x 9.8%     74.2% 1.41x 9.8%

 

A-1-21

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

AND MORTGAGED PROPERTIES

                                   
          ADDITIONAL PERMITTED DEBT   TOTAL MORTGAGE DEBT INFORMATION     TOTAL DEBT INFORMATION
Loan ID Footnotes Flag Deal Name   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
31.04   Property Beloit             74.2% 1.41x 9.8%     74.2% 1.41x 9.8%
31.05   Property Huntsville             74.2% 1.41x 9.8%     74.2% 1.41x 9.8%
32   Loan LA Fitness Riverside   No NAP   NAP NAP 54.8% 1.75x 10.4%   NAP 54.8% 1.75x 10.4%
33   Loan Cedar Trails Apartments   No NAP   NAP NAP 75.0% 1.38x 8.4%   NAP 75.0% 1.38x 8.4%
34   Loan Maple Ridge Townhomes   No NAP   NAP NAP 67.3% 1.40x 8.2%   NAP 67.3% 1.40x 8.2%
35   Loan Bassett Furniture - King of Prussia   No NAP   NAP NAP 58.8% 2.10x 9.5%   NAP 58.8% 2.10x 9.5%
36   Loan Villa Carmel   No NAP   NAP NAP 60.4% 1.65x 7.5%   NAP 60.4% 1.65x 7.5%
37   Loan Osprey Cove South   No NAP   NAP NAP 70.7% 1.84x 11.5%   NAP 70.7% 1.84x 11.5%
38   Loan Del Mar Terrace Apartments   No NAP   $16,200,000 NAP 16.2% 11.11x 34.2%   NAP 16.2% 11.11x 34.2%
39   Loan Palm View Estates   No NAP   NAP NAP 70.1% 1.42x 8.5%   NAP 70.1% 1.42x 8.5%
40   Loan Alma Elliot Square Shopping Center   No NAP   NAP NAP 65.0% 2.19x 10.1%   NAP 65.0% 2.19x 10.1%
41   Loan West Salem MHP   No NAP   NAP NAP 66.7% 1.64x 9.7%   NAP 66.7% 1.64x 9.7%
42   Loan 4 Mountainview Terrace   No NAP   NAP NAP 69.5% 2.01x 13.1%   NAP 69.5% 2.01x 13.1%
43   Loan Fairfield Inn and Suites Fredericksburg   No NAP   NAP NAP 67.0% 1.98x 13.8%   NAP 67.0% 1.98x 13.8%
44   Loan Allen Ridge Luxury Apartments   No NAP   NAP NAP 63.9% 1.50x 9.3%   NAP 63.9% 1.50x 9.3%
45   Loan Hampton Inn - McLeansville (Greensboro East)   No NAP   NAP NAP 58.4% 2.27x 15.0%   NAP 58.4% 2.27x 15.0%
46   Loan Courtyard by Marriott Secaucus   No NAP   $14,945,406 NAP 58.6% 1.96x 15.5%   NAP 58.6% 1.96x 15.5%
47   Loan 48 Brookfield Oaks Dr   No NAP   NAP NAP 69.3% 1.72x 10.8%   NAP 69.3% 1.72x 10.8%
48   Loan Studio 9Forty Apartments   No NAP   NAP NAP 74.6% 1.39x 8.2%   NAP 74.6% 1.39x 8.2%
49   Loan Erie Plaza   No NAP   NAP NAP 73.6% 1.46x 8.9%   NAP 73.6% 1.46x 8.9%
50   Loan 2375 South 9th Street   No NAP   NAP NAP 66.5% 1.46x 8.6%   NAP 66.5% 1.46x 8.6%
51   Loan Delano MHP   No NAP   NAP NAP 68.0% 1.58x 9.8%   NAP 68.0% 1.58x 9.8%
52   Loan Crunch Fitness Tuscaloosa   No NAP   NAP NAP 66.0% 1.47x 10.4%   NAP 66.0% 1.47x 10.4%
53   Loan Anchor Danly - Ithaca   No NAP   NAP NAP 52.8% 1.86x 13.2%   NAP 52.8% 1.86x 13.2%
54   Loan Belle Place MHC   No NAP   NAP NAP 68.7% 1.85x 10.9%   NAP 68.7% 1.85x 10.9%
55   Loan Middlefield MHC   No NAP   NAP NAP 61.8% 1.51x 9.5%   NAP 61.8% 1.51x 9.5%

 

A-1-22

 

 

  CSAIL 2019-C18
  FOOTNOTES TO ANNEX A-1
   
(1) “Column” denotes Column Financial, Inc., “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the America, New York, New York, “RREF” denotes Rialto Real Estate Fund III – Debt, LP, “CIBC” denotes CIBC Inc., LLC and “SGFC” denotes Societe Generale Financial Corporation.
   
(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 4, 5, 8, 10, 14, 15, 23, 31, 38 and 46 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. 21, Shabsels Fee Portfolio – The mortgaged properties are subject to two ground leases. One ground lease is between Milton 11200 West Florissant Avenue LLC (as successor-in-interest to Millennial Holdings Property Trust), as landlord, and 11200 West Florissant Realty LLC and 11200 West Florissant Avenue Leasing LLC, as tenants, dated March 30, 2018 with a 99-year lease term expiring March 29, 2117 and initial annual ground rent of $360,000. The second ground lease is between Milton 9 Farm Springs LLC (as successor-in-interest to First Majestic Property Trust), as landlord, and 9 Farm Springs Real Estate LLC and 9 Farm Springs Leasing LLC, as tenants, dated September 5, 2018 with a 99-year lease term expiring September 4, 2117 and initial annual ground rent of $450,000.
   
  Loan No. 30, Plaza at Santa Barbara – The largest tenant, CVS 5041 FL, LLC (“CVS”), is a tenant at the mortgaged property pursuant to a sub-ground lease for 14,094 SF of NRA. CVS initially ground leased its space from the related borrower in February 2010. In November 2011, CVS assigned its ground lease to a third party entity, SCP 2011-C38-505 LLC (“SCP”) and simultaneously sub-ground leased the leased premises back from SCP. CVS’ parent entity, CVS Health Corporation remains a guarantor and must fulfill the obligations of SCP under the prime ground lease.
   
  Loan No. 46, Courtyard By Marriott Secaucus – The mortgaged property is subject to a ground lease with HMGL LLC, as the ground lessor, dated April 1, 1986 that has an expiration date of June 28, 2037, subject to four extension periods of 10 years each, where the current annual fixed rent due under the ground lease is approximately $366,211.
   
(5) Loan No. 2, Palm Beach Estates – A portion of the mortgaged property (3.3 acres out of 25.2 acres total) is subject to a land use restriction via deed that limits the use of that portion of the mortgaged property to multifamily housing.
   
(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. 13, Kohl’s Plaza, – The mortgaged property includes two outparcels ground leased to Pizza Hut (3,745 SF) and Chase Bank (300 SF) which are included in the calculation of the total square footage.
   
(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. 10, Redwood Technology Center – The largest tenant, Ciena Corporation (“Ciena”), is not in occupancy of 18,773 SF of the 57,673 SF leased by such tenant, however, Ciena is paying rent on its entire space.
   
  Loan No. 14, Crimson Portfolio – The largest tenant at the South Plaza mortgaged property, Winn Dixie, has executed an amendment to expand into an additional 2,500 SF. The tenant has not taken occupancy nor commenced paying rent for the additional space and the third largest tenant at the South Plaza mortgaged property, Focus Fit, has four months of free rent beginning May 2020 through August 2020.

 

A-1-23

 

 

   
  Loan No. 15, Presidential City – The borrower reserved (i) $150,000 into a reserve account for the outstanding approved leasing expenses for Eastern University, and (ii) $270,833 into a reserve account for funding of free rent periods, rent abatements or rent reductions relating to Eastern University.
   
  Loan No. 19, Rochester Portfolio – The 2nd largest tenant at the Jefferson Plaza mortgaged property, Closeout Carpet and Flooring, along with two non-top 5 tenants, Tandoor of India and Just Chicken, are not yet in occupancy. Tandoor of India is currently operating and paying rent under an expired lease in its existing location at the Jefferson Plaza mortgaged property and needs to move to its new space under a new lease in order for Closeout Carpet and Flooring and Just Chicken to move into their respective spaces. Closeout Carpet and Flooring is paying its rent while awaiting its space while Just Chicken is not. At origination, $266,939 was deposited into a reserve to be released upon Closeout Carpet and Flooring, Tandoor of India and Just Chicken being open for business and paying rent. In addition, Closeout Carpet and Flooring is a sponsor-affiliated tenant and the borrower sponsor is guaranteeing its rent.
   
  Loan No. 22, Greenfield Gateway – The borrower has reserved $87,000 for approximately one year of base rent and reimbursements for the second largest tenant at the mortgaged property. Greenfield Gateway’s second largest tenant has an executed lease with a scheduled lease commencement of December 1, 2019, and was underwritten as if the tenant is in place.
   
  Loan No. 23, Gatlin Retail Portfolio – Blink Fitness, Dollar Tree and Rondo Produce Market have each executed leases, but are not yet in occupancy and have not commenced paying 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. 5, ILPT Industrial Portfolio – The Appraised Value of $547,000,000 is based on the aggregate “as-is” appraised values. The appraised value based on a portfolio appraised value is $575,000,000, resulting in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 37.3% and 37.3%, respectively.
   
(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 and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).
   
(10) Loan No. 32, LA Fitness Riverside – The mortgage loan had an initial term of 120 months and requires interest-only payments through December 1, 2024 and payments based on a 30-year amortization schedule thereafter. The anticipated repayment date is December 1, 2029 and the final maturity date is November 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 6.9200% 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.
   
(11) The classification of the lockbox types is described in the prospectus. See “Description of the Mortgage Pool—Mortgaged Property” for further details.
   
(12) 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.
   
(13) The “L” component of the prepayment provision represents lockout payments
  The “Def” component of the prepayment provision represents defeasance payments
  The “YM0.5” component of the prepayment provision represents greater of 0.5% of principal balance or yield maintenance payments.
  The “YM1” component of the prepayment provision represents greater of 1% of principal balance or yield maintenance payments.
  The “YM2” component of the prepayment provision represents greater of 2% of principal balance or yield maintenance payments.
  The “O” component of the prepayment provision represents the free payments including the Maturity Date

 

A-1-24

 

 

   
(14) With respect to Mortgage Loan Nos. 4, 14, 15, 24 and 51, 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
   
(15) With respect to Mortgage Loan Nos. 1, 4, 6, 12, 14, 15, 20, 22, 27, 28, 29, 31, 34, 35, 36, 37, 48, 50, 52, 53, 54 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.
   
(16) 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.
   
(17) 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.
   
(18) 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 19, Rochester Portfolio – The 5th largest tenant at the Jefferson Plaza mortgaged property, Uniform Village, may terminate its lease before December 31, 2020 with six months prior notice or during the final 36 months of its lease with three months prior notice. The 2nd largest tenant at the Saginaw Plaza mortgaged property, Young & Company CPAs, may terminate its lease at any time upon 60 days prior written notice and payment of a termination fee of $9,000. The 5th largest tenant at the Saginaw Plaza mortgaged property, New York Technology Partners, may terminate its lease at any time after December 1, 2022 with 90 days prior written notice.
   
  Loan No. 21, Shabsels Fee Portfolio – The sole tenant at the 9 Farm Springs mortgaged property, United Technologies Corporation, has the right to terminate its lease for the 20,781 SF garden level suite, 5,600 SF 1st floor suite and 5,582 SF of the garden level premises with 90 days’ prior written notice. The third largest Tenant at the Clocktower Place mortgaged property, Aldi, has the right to terminate its lease effective at any time after the expiration of the initial 15-year lease term on December 31, 2024 with 12-months’ prior written notice and payment of a $30,000 termination fee.
   
  Loan No. 23, Gatlin Retail Portfolio, Blink Fitness (3.5% NRA) has the right to terminate its lease upon 30 days prior written notice in the event at least 65% of the gross leasable square footage of the Mortgaged Property is not occupied within 12 months after the date tenant opens for business. Additionally, Blink Fitness has the right to terminate its lease in the event landlord does not deliver possession of the premises with landlord’s work substantially completed by September 1, 2020. Dollar Tree (3.7% of NRA) has the right to terminate its lease in the event Walmart vacates the premises or ceases to operate and the Walmart space remains unoccupied for six months. Dollar Tree also has the right to terminate its lease if the exclusive use provisions in its lease are violated and such violation continues for 30 days after written notice from tenant of such violation. Additionally, Dollar Tree may terminate its lease upon 30 days’ notice if landlord fails to perform any of landlord’s obligations under the lease and such failure results in a default that is not cured.
   
  Loan No. 31, Phoenix Industrial Portfolio II – The largest tenant at the Huntsville mortgaged property, Boneal Aerospace, Inc., has the right to terminate its lease effective February 29, 2020 with notice provided by November 30, 2019 and payment of a termination fee of $111,462. The landlord and the third largest tenant at

 

A-1-25

 

 

  the Huntsville mortgaged property, Custom Assembly, Inc., have a mutual right of termination under the related lease with 30 days’ notice and no termination fee.
   
  Loan No. 42, 4 Mountainview Terrace – The second largest tenant, BMO Harris Bank, N.A., has the right to terminate its lease effective January 1, 2022 with notice provided by July 1, 2021 and payment of a termination fee comprised of the unamortized balance of the construction allowance, leasing commissions and the 8-month rent abatement.  
   
  Loan No. 49, Erie Plaza – The fourth largest tenant, The GEO Group, has the right to terminate its lease on December 31st of each year with 90 days’ notice and payment of a termination fee equal to $19,000.
   
(19) 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.
   
(20) 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.
   
(21) 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.
   
(22) Loan No. 26, Sharonville Plaza – An earnout reserve in the amount of $337,500 was escrowed at loan origination. The lender will release $168,750 in the earnout reserve, provided that, (i) Bank of America has completed the buildout and fixturing of its leased premises, (ii) all tenant costs, leasing commissions and other material costs and expenses relating to Bank of America’s leased premises have been paid in full, (iii) Bank of America is paying the full contractual rent, (iv) Bank of America is conducting normal business operations with the public at its leased premises, and (v) the Debt Yield is equal to or greater than 9.9%. The lender will release $168,750 in the earnout reserve, provided that, (i) Honest Restaurant has completed the buildout and fixturing of its leased premises, (ii) all tenant costs, leasing commissions and other material costs and expenses relating to Honest Restaurant’s leased premises have been paid in full, (iii) Honest Restaurant is paying the full contractual rent, (iv) Honest Restaurant is conducting normal business operations with the public at its leased premises, and (v) the Debt Yield is equal to or greater than 10.4%. Each such earnout reserve release must be applied to prepayment of the mortgage loan if it is not released to the borrower by October 31, 2021. Assuming the full earnout reserve is applied to the full loan amount of $8,900,000, the Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield and U/W NCF Debt Yield are 75.7%, 59.8%, 11.8%, and 11.0%, respectively.
   
(23) Each of Loan Nos. 1, 3, 6 and 11, the related borrower obtained environmental insurance for each of the mortgaged properties in lieu of recourse carve out liability for a breach of environmental covenants or the guarantor delivering an environmental indemnity.

 

A-1-26