0001539497-20-000518.txt : 20200303 0001539497-20-000518.hdr.sgml : 20200303 20200303144844 ACCESSION NUMBER: 0001539497-20-000518 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200303 DATE AS OF CHANGE: 20200303 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CSAIL 2020-C19 Commercial Mortgage Trust CENTRAL INDEX KEY: 0001803702 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: 333-227081-05 FILM NUMBER: 20681555 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 n2039_x3-a1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-227081-05
     

 

 

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  The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2020-C19 (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 No. 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
1   Loan KPMG Plaza at Hall Arts 8.2% Column Financial, Inc. Column $68,000,000 $68,000,000 $68,000,000 $242.14      Acquisition
2 (22) Loan Peachtree Office Towers 8.0% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $66,000,000 $66,000,000 $57,654,939 $106.50      Refinance
3   Loan Selig Office Portfolio 7.2% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $60,000,000 $60,000,000 $60,000,000 $335.23      Refinance
3.01   Property 4th & Battery       $24,907,836 $24,907,836 $24,907,836 $335.23       
3.02   Property 333 Elliott       $24,182,000 $24,182,000 $24,182,000 $335.23       
3.03   Property 3rd & Battery       $10,910,164 $10,910,164 $10,910,164 $335.23       
4   Loan Arciterra Portfolio 7.2% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $60,000,000 $60,000,000 $50,070,746 $93.42      Refinance
4.01   Property Seven Hills Plaza       $22,650,023 $22,650,023 $18,901,726 $93.42       
4.02   Property Cumberland Place       $7,055,230 $7,055,230 $5,887,677 $93.42       
4.03   Property Westgate Plaza       $5,214,437 $5,214,437 $4,351,513 $93.42       
4.04   Property Main Street Office       $4,912,268 $4,912,268 $4,099,349 $93.42       
4.05   Property Auburn Cord Plaza       $3,777,745 $3,777,745 $3,152,575 $93.42       
4.06   Property Plainfield Village       $3,545,981 $3,545,981 $2,959,165 $93.42       
4.07   Property Mayodan Shopping Center       $2,578,073 $2,578,073 $2,151,434 $93.42       
4.08   Property Burlington Plaza West       $2,052,255 $2,052,255 $1,712,632 $93.42       
4.09   Property Shoppes at Heather Glen       $1,924,496 $1,924,496 $1,606,015 $93.42       
4.10   Property Pine Tree Plaza       $1,681,190 $1,681,190 $1,402,974 $93.42       
4.11   Property Ville Platte Shopping Center       $1,412,200 $1,412,200 $1,178,498 $93.42       
4.12   Property Sweden Shopping Center       $1,281,617 $1,281,617 $1,069,525 $93.42       
4.13   Property Longview Center       $1,208,228 $1,208,228 $1,008,282 $93.42       
4.14   Property Eastman Shopping Center       $706,257 $706,257 $589,381 $93.42       
5   Loan The Westchester 6.0% Column Financial, Inc. Column $50,000,000 $50,000,000 $50,000,000 $421.39      Refinance
6   Loan Sol y Luna 6.0% Cantor Commercial Real Estate Lending, L.P.; Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $50,000,000 $50,000,000 $50,000,000 $92,118.73      Acquisition
7   Loan University Village 5.4% Column Financial, Inc. Column $45,000,000 $45,000,000 $45,000,000 $418.32      Refinance
8   Loan Renaissance Plano 5.4% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $45,000,000 $44,537,966 $36,326,430 $293,012.94      Refinance
9   Loan Monaco Park Apartments 5.1% Column Financial, Inc. Column $42,500,000 $42,500,000 $42,500,000 $149,647.89      Acquisition
10   Loan Portofino Cove 4.2% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $34,500,000 $34,500,000 $34,500,000 $127,777.78      Refinance
11 (23) Loan U-Haul AREC 41 Portfolio 3.9% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $32,000,000 $32,000,000 $22,217,503 $6,632.12      Recapitalization
11.01   Property U-Haul Moving & Storage of Mesa       $5,218,709 $5,218,709 $3,623,334 $6,632.12       
11.02   Property U-Haul Storage of Roscoe       $4,079,373 $4,079,373 $2,832,297 $6,632.12       
11.03   Property U-Haul Storage of South Beloit       $3,953,477 $3,953,477 $2,744,887 $6,632.12       
11.04   Property U-Haul Moving & Storage of Huber Heights       $3,197,280 $3,197,280 $2,219,862 $6,632.12       
11.05   Property U-Haul Moving & Storage of Miamisburg       $3,008,163 $3,008,163 $2,088,559 $6,632.12       
11.06   Property U-Haul Moving & Storage of Brentwood       $2,984,455 $2,984,455 $2,072,098 $6,632.12       
11.07   Property U-Haul Storage of Crestview       $2,062,304 $2,062,304 $1,431,852 $6,632.12       
11.08   Property U-Haul Storage of Beloit       $1,778,247 $1,778,247 $1,234,632 $6,632.12       
11.09   Property U-Haul Storage of Fremont       $1,660,962 $1,660,962 $1,153,201 $6,632.12       
11.10   Property U-Haul Storage of Rock River       $1,329,816 $1,329,816 $923,287 $6,632.12       
11.11   Property U-Haul Storage of North Beloit       $1,068,213 $1,068,213 $741,657 $6,632.12       
11.12   Property U-Haul Storage of Southwest Beloit       $948,311 $948,311 $658,410 $6,632.12       
11.13   Property U-Haul Storage of West Beloit       $710,688 $710,688 $493,429 $6,632.12       
12 (24) Loan Hammond Aire 3.6% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $29,800,000 $29,800,000 $25,179,578 $85.23      Acquisition
13 (25) Loan APX Morristown 3.1% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $26,000,000 $26,000,000 $22,756,938 $135.60      Refinance
14   Loan Lampwork Apartments 2.9% Column Financial, Inc. Column $24,000,000 $24,000,000 $24,000,000 $260,869.57      Refinance
15   Loan B3 Lofts 2.4% Column Financial, Inc. Column $19,700,000 $19,700,000 $19,700,000 $240,243.90      Refinance
16 (26) Loan 1399 Park Avenue 2.2% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $18,000,000 $18,000,000 $18,000,000 $814.48      Acquisition
17   Loan Bella Grand 2.1% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $17,200,000 $17,200,000 $17,200,000 $89,583.33      Acquisition
18   Loan Bakery Lofts 1.7% Column Financial, Inc. Column $14,300,000 $14,300,000 $14,300,000 $250,877.19      Refinance
19   Loan Howard Commons 1.6% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $13,500,000 $13,500,000 $10,748,754 $38.00      Refinance
20   Loan West Towne Commons 1.6% Column Financial, Inc. Column $13,500,000 $13,477,937 $10,586,523 $74.48      Acquisition
21   Loan CEV Upstate Apartments 1.6% Column Financial, Inc. Column $13,500,000 $13,459,133 $10,618,653 $28,039.86      Acquisition
22   Loan MacArthur Village 1.4% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $11,850,000 $11,850,000 $8,490,773 $65.01      Refinance
23   Loan Tru Fayetteville 1.3% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $11,000,000 $11,000,000 $7,846,943 $100,917.43      Refinance
24   Loan Langston Landing 1.3% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $10,750,000 $10,750,000 $10,750,000 $128.79      Acquisition
25   Loan 3030 Chapman Apartments 1.3% Column Financial, Inc. Column $10,700,000 $10,700,000 $10,700,000 $260,975.61      Refinance
26   Loan Adam's Towers 1.3% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $10,500,000 $10,500,000 $10,500,000 $136,363.64      Refinance
27   Loan DDC4 Portfolio 1.2% Grass River Real Estate Credit Partners Loan Funding, LLC 3650 REIT $10,350,000 $10,350,000 $10,350,000 $585.37      Refinance
27.01   Property 2029 P Street NW       $5,131,486 $5,131,486 $5,131,486 $585.37       
27.02   Property 900 6th Street NW       $2,313,911 $2,313,911 $2,313,911 $585.37       
27.03   Property 440 Massachusetts Avenue NW       $1,775,536 $1,775,536 $1,775,536 $585.37       
27.04   Property 1401 R Street NW       $1,129,068 $1,129,068 $1,129,068 $585.37       
28   Loan B2 Lofts 1.1% Column Financial, Inc. Column $9,000,000 $9,000,000 $9,000,000 $250,000.00      Refinance
29   Loan 5th Street Lofts 0.9% Column Financial, Inc. Column $7,400,000 $7,400,000 $7,400,000 $284,615.38      Refinance
30   Loan 1080 Lofts 0.7% Column Financial, Inc. Column $5,400,000 $5,400,000 $5,400,000 $200,000.00      Refinance

A-1-1 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

              MORTGAGED PROPERTY CHARACTERISTICS
               
Loan No. Footnotes Flag Deal Name Sponsor Non-Recourse Carveout Guarantor   No. of Properties
1   Loan KPMG Plaza at Hall Arts Masaveu Real Estate US, Delaware LLC Masaveu Real Estate US, Delaware LLC   1
2 (22) Loan Peachtree Office Towers Richard E. Bowers Richard E. Bowers   1
3   Loan Selig Office Portfolio Martin Selig; Selig Family Holdings, LLC Martin Selig; Selig Family Holdings, LLC   3
3.01   Property 4th & Battery       1
3.02   Property 333 Elliott       1
3.03   Property 3rd & Battery       1
4   Loan Arciterra Portfolio Jonathan M. Larmore Jonathan M. Larmore   14
4.01   Property Seven Hills Plaza       1
4.02   Property Cumberland Place       1
4.03   Property Westgate Plaza       1
4.04   Property Main Street Office       1
4.05   Property Auburn Cord Plaza       1
4.06   Property Plainfield Village       1
4.07   Property Mayodan Shopping Center       1
4.08   Property Burlington Plaza West       1
4.09   Property Shoppes at Heather Glen       1
4.10   Property Pine Tree Plaza       1
4.11   Property Ville Platte Shopping Center       1
4.12   Property Sweden Shopping Center       1
4.13   Property Longview Center       1
4.14   Property Eastman Shopping Center       1
5   Loan The Westchester Simon Property Group, L.P.; Institutional Mall Investors LLC Simon Property Group, L.P.   1
6   Loan Sol y Luna Patrick Nelson; Arbor Realty SR, Inc. Patrick Nelson; Nelson Partners, LLC   1
7   Loan University Village Stuart M. Sloan Stuart M. Sloan   1
8   Loan Renaissance Plano Daniel S. Moon; Samuel S. Moon; Daniel S. Moon Investment Trust U/A/D 5/20/2003; Samuel S. Moon Investment Trust U/A/D 5/20/2003 Daniel S. Moon; Samuel S. Moon; Daniel S. Moon Investment Trust U/A/D 5/20/2003; Samuel S. Moon Investment Trust U/A/D 5/20/2003   1
9   Loan Monaco Park Apartments BREIT MF Holdings LLC BREIT MF Holdings LLC   1
10   Loan Portofino Cove Prime Hospitality Group II, LLC Prime Hospitality Group, LLC   1
11 (23) Loan U-Haul AREC 41 Portfolio AMERCO AMERCO   13
11.01   Property U-Haul Moving & Storage of Mesa       1
11.02   Property U-Haul Storage of Roscoe       1
11.03   Property U-Haul Storage of South Beloit       1
11.04   Property U-Haul Moving & Storage of Huber Heights       1
11.05   Property U-Haul Moving & Storage of Miamisburg       1
11.06   Property U-Haul Moving & Storage of Brentwood       1
11.07   Property U-Haul Storage of Crestview       1
11.08   Property U-Haul Storage of Beloit       1
11.09   Property U-Haul Storage of Fremont       1
11.10   Property U-Haul Storage of Rock River       1
11.11   Property U-Haul Storage of North Beloit       1
11.12   Property U-Haul Storage of Southwest Beloit       1
11.13   Property U-Haul Storage of West Beloit       1
12 (24) Loan Hammond Aire Hardam S. Azad; William F. Harmeyer Hardam S. Azad; William F. Harmeyer   1
13 (25) Loan APX Morristown Fawkes Investments, L.P. Keystone Tristate Opportunity Fund, LP; Keystone Tristate Opportunity Parallel Fund, LP; Fawkes Investments, L.P.   1
14   Loan Lampwork Apartments John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014; Seth Jacobsen   1
15   Loan B3 Lofts John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014   1
16 (26) Loan 1399 Park Avenue Jeremy Markowitz; David Stern Jeremy Markowitz; David Stern   1
17   Loan Bella Grand Ravindra Gupta; Vikram Raya Ravindra Gupta; Vikram Raya   1
18   Loan Bakery Lofts John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014   1
19   Loan Howard Commons Jeffrey Aeder Jeffrey Aeder   1
20   Loan West Towne Commons Yale I. Paprin Yale I. Paprin   1
21   Loan CEV Upstate Apartments Mikael J. Levey; Benjamin Leffell Mikael J. Levey; Benjamin Leffell   1
22   Loan MacArthur Village James E. Maurin James E. Maurin   1
23   Loan Tru Fayetteville Nikhil Patel; Amar Patel Nikhil Patel; Amar Patel   1
24   Loan Langston Landing Sterling United Properties II, L.P. Sterling United Properties II, L.P.   1
25   Loan 3030 Chapman Apartments John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014   1
26   Loan Adam's Towers John W. Holmes; Carol K. Segal John W. Holmes; Carol K. Segal   1
27   Loan DDC4 Portfolio Norman Jemal Norman Jemal   4
27.01   Property 2029 P Street NW       1
27.02   Property 900 6th Street NW       1
27.03   Property 440 Massachusetts Avenue NW       1
27.04   Property 1401 R Street NW       1
28   Loan B2 Lofts John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014; Ronald Dreisbach; 2017 Amended And Restated Dreisbach Family Trust   1
29   Loan 5th Street Lofts John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014   1
30   Loan 1080 Lofts John Protopappas John Protopappas; John Protopappas 2014 Revocable Trust dated August 26, 2014; Ronald Dreisbach; 2017 Amended And Restated Dreisbach Family Trust   1

A-1-2 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGED PROPERTY CHARACTERISTICS    
Loan No. Footnotes Flag Deal Name General Property Type Detailed Property Type Title Type(4) Ground Lease Initial Lease Expiration Date Address City County State Zip Code
1   Loan KPMG Plaza at Hall Arts Office CBD Fee NAP 2323 Ross Avenue Dallas Dallas TX 75201
2 (22) Loan Peachtree Office Towers Office CBD Fee NAP 260 and 270 Peachtree Street Northwest Atlanta Fulton GA 30303
3   Loan Selig Office Portfolio Office CBD Fee NAP Various Seattle King WA Various
3.01   Property 4th & Battery Office CBD Fee NAP 2401 4th Avenue Seattle King WA 98121
3.02   Property 333 Elliott Office CBD Fee NAP 333 Elliott Avenue West Seattle King WA 98119
3.03   Property 3rd & Battery Office CBD Fee NAP 2400 3rd Avenue Seattle King WA 98121
4   Loan Arciterra Portfolio Various Various Fee NAP Various Various Various Various Various
4.01   Property Seven Hills Plaza Retail Anchored Fee NAP 18511-18883 East Hampden Avenue Aurora Arapahoe CO 80013
4.02   Property Cumberland Place Retail Unanchored Fee NAP 2997 Cumberland Boulevard Southeast Smyrna Cobb GA 30080
4.03   Property Westgate Plaza Retail Anchored Fee NAP 5173 West Washington Street Indianapolis Marion IN 46241
4.04   Property Main Street Office Office Suburban Fee NAP 320 West Lanier Avenue Fayetteville Fayette GA 30214
4.05   Property Auburn Cord Plaza Retail Anchored Fee NAP 342-350 & 430-652 North Grandstaff Drive Auburn DeKalb IN 46706
4.06   Property Plainfield Village Retail Unanchored Fee NAP 160 Plainfield Village Drive Plainfield Hendricks IN 46168
4.07   Property Mayodan Shopping Center Retail Shadow Anchored Fee NAP 131 Commerce Drive Mayodan Rockingham NC 27027
4.08   Property Burlington Plaza West Retail Shadow Anchored Fee NAP 3351 Agency Street Burlington Des Moines IA 52655
4.09   Property Shoppes at Heather Glen Retail Shadow Anchored Fee NAP 2063-2079 East Laraway Road New Lenox Will IL 60451
4.10   Property Pine Tree Plaza Retail Shadow Anchored Fee NAP 22 West Newell Road Danville Vermilion IL 61834
4.11   Property Ville Platte Shopping Center Retail Shadow Anchored Fee NAP 925 East LaSalle Street Ville Platte Evangeline Parish LA 70586
4.12   Property Sweden Shopping Center Retail Shadow Anchored Fee NAP 1651 Nathaniel Poole Trail Brockport Monroe NY 14420
4.13   Property Longview Center Retail Shadow Anchored Fee NAP 711 Estes Drive Longview Gregg TX 75602
4.14   Property Eastman Shopping Center Retail Shadow Anchored Fee NAP 970 Indian Drive Eastman Dodge GA 31023
5   Loan The Westchester Retail Super-Regional Mall Fee & Leasehold 12/30/2091 125 Westchester Avenue White Plains Westchester NY 10601
6   Loan Sol y Luna Multifamily Student Housing Fee NAP 1020 North Tyndall Avenue Tucson Pima AZ 85719
7   Loan University Village Retail Lifestyle Center Fee NAP 2623 Northeast University Village Street Seattle King WA 98105
8   Loan Renaissance Plano Hotel Full Service Fee NAP 6007 Legacy Drive Plano Collin TX 75024
9   Loan Monaco Park Apartments Multifamily Garden Fee NAP 8350 West Desert Inn Road Las Vegas Clark NV 89117
10   Loan Portofino Cove Multifamily Garden Fee NAP 4135 Umbria Lane Fort Myers Lee FL 33916
11 (23) Loan U-Haul AREC 41 Portfolio Self Storage Self Storage Fee NAP Various Various Various Various Various
11.01   Property U-Haul Moving & Storage of Mesa Self Storage Self Storage Fee NAP 219 & 255 East McKellips Road Mesa Maricopa AZ 85201
11.02   Property U-Haul Storage of Roscoe Self Storage Self Storage Fee NAP 12522 North 2nd Street Roscoe Winnebago IL 61073
11.03   Property U-Haul Storage of South Beloit Self Storage Self Storage Fee NAP 4067 Prairie Hill Road South Beloit Winnebago IL 61080
11.04   Property U-Haul Moving & Storage of Huber Heights Self Storage Self Storage Fee NAP 6550-6660 Brandt Pike Huber Heights Montgomery OH 45424
11.05   Property U-Haul Moving & Storage of Miamisburg Self Storage Self Storage Fee NAP 234 Springboro Pike Miamisburg Montgomery OH 45449
11.06   Property U-Haul Moving & Storage of Brentwood Self Storage Self Storage Fee NAP 32 Middle Road Brentwood Rockingham NH 03833
11.07   Property U-Haul Storage of Crestview Self Storage Self Storage Fee NAP 2547 South Park Avenue Beloit Rock WI 53511
11.08   Property U-Haul Storage of Beloit Self Storage Self Storage Fee NAP 1405 Madison Road Beloit Rock WI 53511
11.09   Property U-Haul Storage of Fremont Self Storage Self Storage Fee NAP 25 Main Street Fremont Rockingham NH 03044
11.10   Property U-Haul Storage of Rock River Self Storage Self Storage Fee NAP 850 Doner Drive South Beloit Winnebago IL 61080
11.11   Property U-Haul Storage of North Beloit Self Storage Self Storage Fee NAP 1501 Bayliss Avenue Beloit Rock WI 53511
11.12   Property U-Haul Storage of Southwest Beloit Self Storage Self Storage Fee NAP 1922 Shirland Avenue South Beloit Winnebago IL 61080
11.13   Property U-Haul Storage of West Beloit Self Storage Self Storage Fee NAP 1430 Division Street Beloit Rock WI 53511
12 (24) Loan Hammond Aire Retail Anchored Fee NAP 9616-9638 Airline Highway Baton Rouge East Baton Rouge Parish LA 70815
13 (25) Loan APX Morristown Office Suburban Fee NAP 412 Mount Kemble Avenue Morristown Morris NJ 07960
14   Loan Lampwork Apartments Multifamily Garden Fee NAP 1614 Campbell Street Oakland Alameda CA 94607
15   Loan B3 Lofts Multifamily Low Rise Fee NAP 5000 Adeline Street Oakland Alameda CA 94608
16 (26) Loan 1399 Park Avenue Office CBD Fee NAP 1399 Park Avenue New York New York NY 10029
17   Loan Bella Grand Multifamily Garden Fee NAP 730 Franklin Gateway Southeast Marietta Cobb GA 30067
18   Loan Bakery Lofts Multifamily Garden Fee NAP 4600 Adeline Street Oakland Alameda CA 94608
19   Loan Howard Commons Industrial Flex Fee NAP 6151, 6201-6299 Howard Street Niles Cook IL 60714
20   Loan West Towne Commons Retail Shadow Anchored Fee NAP 17 Stonebrook Place Jackson Madison TN 38305
21   Loan CEV Upstate Apartments Multifamily Student Housing Fee NAP 101 Campus Suites Road Spartanburg Spartanburg SC 29303
22   Loan MacArthur Village Retail Anchored Fee NAP 1400 MacArthur Drive Alexandria Rapides Parish LA 71301
23   Loan Tru Fayetteville Hotel Limited Service Fee NAP 2055 Cedar Creek Road Fayetteville Cumberland NC 28312
24   Loan Langston Landing Retail Anchored Fee NAP 210-406 Washington Avenue South Kent King WA 98032
25   Loan 3030 Chapman Apartments Multifamily Garden Fee NAP 3030 and 3014 Chapman Street Oakland Alameda CA 94601
26   Loan Adam's Towers Multifamily Mid Rise Fee NAP 2325 15th Street Northwest Washington District of Columbia DC 20009
27   Loan DDC4 Portfolio Various Various Fee NAP Various Washington District of Columbia DC Various
27.01   Property 2029 P Street NW Mixed Use Retail/Office Fee NAP 2029-2031 P Street, Northwest Washington District of Columbia DC 20036
27.02   Property 900 6th Street NW Mixed Use Retail/Office Fee NAP 900 6th Street, Northwest; 601 I Street, Northwest Washington District of Columbia DC 20001
27.03   Property 440 Massachusetts Avenue NW Office CBD Fee NAP 440 Massachusetts Avenue, Northwest Washington District of Columbia DC 20001
27.04   Property 1401 R Street NW Retail Single Tenant Fee NAP 1401 R Street, Northwest Washington District of Columbia DC 20009
28   Loan B2 Lofts Multifamily Low Rise Fee NAP 964 46th Street Oakland Alameda CA 94608
29   Loan 5th Street Lofts Multifamily Garden Fee NAP 1155 5th Street Oakland Alameda CA 94606
30   Loan 1080 Lofts Multifamily Low Rise Fee NAP 1080 23rd Avenue Oakland Alameda CA 94606

A-1-3 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGED PROPERTY CHARACTERISTICS     MORTGAGE LOAN CHARACTERISTICS      
Loan No. Footnotes Flag Deal Name Year Built Year Renovated Net Rentable Area SF/Units/ Rooms(5)(6) Units of Measure Occupancy Rate(5)(6) Occupancy Rate As-of Date(6) Appraised Value(7) Appraisal As-of Date(7)   Interest Rate % Admin Fee Rate %(8) Net Mortgage Rate % Interest Accrual  Basis Seasoning (mos.) ARD (Yes/No) Original Term to Maturity (mos.) Remaining Term to Maturity (mos.)
1   Loan KPMG Plaza at Hall Arts 2015 NAP 461,306 Square Feet 95.9% 12/1/2019 $239,800,000 11/25/2019   3.4100% 0.01402% 3.39598% Actual/360 2 No 120 118
2 (22) Loan Peachtree Office Towers 1961, 1974 1999-2012 619,732 Square Feet 85.1% 12/31/2019 $109,000,000 9/4/2019   3.8173% 0.04402% 3.77325% Actual/360 3 No 123 120
3   Loan Selig Office Portfolio Various Various 402,705 Square Feet 98.3% 4/15/2019 $228,700,000 Various   4.3780% 0.04402% 4.33398% Actual/360 9 No 120 111
3.01   Property 4th & Battery 1978 2018 202,130 Square Feet 96.6% 4/15/2019 $90,000,000 5/6/2019                  
3.02   Property 333 Elliott 2008 NAP 133,472 Square Feet 100.0% 4/15/2019 $97,000,000 9/1/2019                  
3.03   Property 3rd & Battery 2016 NAP 67,103 Square Feet 100.0% 4/15/2019 $41,700,000 5/6/2019                  
4   Loan Arciterra Portfolio Various Various 642,256 Square Feet 89.6% 1/29/2020 $98,290,000 Various   3.6700% 0.04402% 3.62598% Actual/360 0 No 120 120
4.01   Property Seven Hills Plaza 1984 2015 135,753 Square Feet 89.8% 1/29/2020 $32,500,000 9/30/2019                  
4.02   Property Cumberland Place 1996 NAP 33,200 Square Feet 86.4% 1/29/2020 $8,850,000 9/26/2019                  
4.03   Property Westgate Plaza 1975 NAP 66,469 Square Feet 97.1% 1/29/2020 $6,350,000 10/2/2019                  
4.04   Property Main Street Office 2008 NAP 27,799 Square Feet 91.0% 1/29/2020 $6,125,000 9/26/2019                  
4.05   Property Auburn Cord Plaza 1987 2004 117,667 Square Feet 91.4% 1/29/2020 $6,000,000 9/19/2019                  
4.06   Property Plainfield Village 2007 NAP 41,652 Square Feet 66.6% 1/29/2020 $8,400,000 10/2/2019                  
4.07   Property Mayodan Shopping Center 1996 2007 55,659 Square Feet 94.2% 1/29/2020 $5,650,000 10/1/2019                  
4.08   Property Burlington Plaza West 1989 1997 35,650 Square Feet 98.1% 1/29/2020 $5,200,000 10/2/2019                  
4.09   Property Shoppes at Heather Glen 2009 NAP 16,000 Square Feet 77.5% 1/29/2020 $4,450,000 10/4/2019                  
4.10   Property Pine Tree Plaza 2002 NAP 27,050 Square Feet 100.0% 1/29/2020 $4,500,000 10/4/2019                  
4.11   Property Ville Platte Shopping Center 2006 NAP 25,400 Square Feet 100.0% 1/29/2020 $2,980,000 9/26/2019                  
4.12   Property Sweden Shopping Center 2008 NAP 18,900 Square Feet 81.0% 1/29/2020 $2,890,000 10/1/2019                  
4.13   Property Longview Center 2006 NAP 25,850 Square Feet 81.4% 1/29/2020 $2,820,000 9/27/2019                  
4.14   Property Eastman Shopping Center 2006 NAP 15,207 Square Feet 73.7% 1/29/2020 $1,575,000 9/26/2019                  
5   Loan The Westchester 1995 2015-2017 813,979 Square Feet 96.8% 1/10/2020 $810,000,000 11/26/2019   3.2500% 0.01402% 3.23598% Actual/360 1 No 120 119
6   Loan Sol y Luna 2013, 2014 NAP 977 Beds 89.4% 9/4/2019 $191,500,000 9/12/2019   3.8400% 0.04402% 3.79598% Actual/360 2 No 120 118
7   Loan University Village 1956 2019 597,635 Square Feet 100.0% 11/18/2019 $650,000,000 10/23/2019   3.3000% 0.01402% 3.28598% Actual/360 3 No 120 117
8   Loan Renaissance Plano 2017 NAP 304 Rooms 73.0% 7/31/2019 $139,400,000 5/9/2019   4.4500% 0.04402% 4.40598% Actual/360 8 No 120 112
9   Loan Monaco Park Apartments 1999 2018-2019 284 Units 93.0% 1/6/2020 $63,400,000 10/10/2019   3.3910% 0.01402% 3.37698% Actual/360 4 No 120 116
10   Loan Portofino Cove 2008, 2019 NAP 270 Units 91.5% 1/29/2020 $54,100,000 12/11/2019   3.8170% 0.04402% 3.77298% Actual/360 1 No 121 120
11 (23) Loan U-Haul AREC 41 Portfolio Various Various 4,825 Units 91.7% 11/30/2019 $51,960,000 Various   3.1100% 0.04402% 3.06598% Actual/360 0 Yes 120 120
11.01   Property U-Haul Moving & Storage of Mesa 1986, 2018 NAP 1,090 Units 95.3% 11/30/2019                      
11.02   Property U-Haul Storage of Roscoe 2015-2018 NAP 439 Units 94.3% 11/30/2019                      
11.03   Property U-Haul Storage of South Beloit 1996, 2007, 2008, 2009 NAP 452 Units 94.2% 11/30/2019                      
11.04   Property U-Haul Moving & Storage of Huber Heights 1974 2016 734 Units 90.2% 11/30/2019                      
11.05   Property U-Haul Moving & Storage of Miamisburg 1988 2016 695 Units 85.2% 11/30/2019                      
11.06   Property U-Haul Moving & Storage of Brentwood 1970, 1988, 1989, 1998 NAP 477 Units 89.5% 11/30/2019                      
11.07   Property U-Haul Storage of Crestview 1959, 2015, 2016, 2018 NAP 174 Units 93.1% 11/30/2019                      
11.08   Property U-Haul Storage of Beloit 2017 NAP 144 Units 93.8% 11/30/2019                      
11.09   Property U-Haul Storage of Fremont 1970, 1988, 1989, 1998 NAP 232 Units 91.4% 11/30/2019                      
11.10   Property U-Haul Storage of Rock River 1996, 2007, 2008, 2009 NAP 115 Units 93.0% 11/30/2019                      
11.11   Property U-Haul Storage of North Beloit 2013 NAP 90 Units 92.2% 11/30/2019                      
11.12   Property U-Haul Storage of Southwest Beloit 2006, 2007 NAP 118 Units 87.3% 11/30/2019                      
11.13   Property U-Haul Storage of West Beloit 2011-2012 NAP 65 Units 95.4% 11/30/2019                      
12 (24) Loan Hammond Aire 1985 2009 349,660 Square Feet 93.5% 1/14/2020 $48,300,000 11/15/2019   3.5100% 0.04402% 3.46598% Actual/360 0 No 120 120
13 (25) Loan APX Morristown 1986 2016-2018 486,742 Square Feet 94.0% 6/21/2019 $98,000,000 6/28/2019   3.6900% 0.04402% 3.64598% Actual/360 6 No 120 114
14   Loan Lampwork Apartments 1910 2014 92 Units 94.6% 1/1/2020 $39,100,000 12/9/2019   3.4800% 0.01402% 3.46598% Actual/360 1 No 120 119
15   Loan B3 Lofts 2013 NAP 82 Units 92.7% 1/1/2020 $32,800,000 12/9/2019   3.3100% 0.01402% 3.29598% Actual/360 1 No 120 119
16 (26) Loan 1399 Park Avenue 2019 NAP 22,100 Square Feet 100.0% 9/9/2019 $26,800,000 8/30/2019   3.6500% 0.04402% 3.60598% Actual/360 5 Yes 124 119
17   Loan Bella Grand 1980 2016 192 Units 91.1% 1/28/2020 $25,850,000 10/30/2019   3.4186% 0.04402% 3.37458% Actual/360 3 No 123 120
18   Loan Bakery Lofts 1919 2002 57 Units 91.2% 1/22/2020 $22,450,000 12/9/2019   3.3100% 0.01402% 3.29598% Actual/360 1 No 120 119
19   Loan Howard Commons 1956, 1988 1986 355,266 Square Feet 94.9% 11/12/2019 $23,600,000 9/24/2019   3.7400% 0.04402% 3.69598% Actual/360 2 No 122 120
20   Loan West Towne Commons 1995-2006 2014-2015 180,960 Square Feet 89.8% 11/6/2019 $18,600,000 12/6/2019   3.6500% 0.01402% 3.63598% Actual/360 1 No 120 119
21   Loan CEV Upstate Apartments 2008 NAP 480 Beds 96.9% 12/11/2019 $19,500,000 10/17/2019   3.7300% 0.01402% 3.71598% Actual/360 2 No 120 118
22   Loan MacArthur Village 1957 2008 182,266 Square Feet 93.9% 8/7/2019 $17,100,000 8/23/2019   3.6800% 0.04402% 3.63598% Actual/360 4 No 124 120
23   Loan Tru Fayetteville 2018 NAP 109 Rooms 79.6% 12/31/2019 $18,500,000 12/10/2019   3.7700% 0.04402% 3.72598% Actual/360 0 No 120 120
24   Loan Langston Landing 1992, 1993, 1999 NAP 83,466 Square Feet 98.7% 10/31/2019 $17,450,000 10/10/2019   3.6150% 0.04402% 3.57098% Actual/360 1 No 121 120
25   Loan 3030 Chapman Apartments 2018 NAP 41 Units 100.0% 1/22/2020 $18,200,000 12/9/2019   3.4300% 0.01402% 3.41598% Actual/360 1 No 120 119
26   Loan Adam's Towers 1937 2015 77 Units 92.2% 12/31/2019 $16,300,000 11/22/2019   3.5300% 0.04402% 3.48598% Actual/360 1 No 121 120
27   Loan DDC4 Portfolio Various Various 17,681 Square Feet 100.0% 8/15/2019 $15,980,000 8/15/2019   3.7500% 0.04402% 3.70598% Actual/360 4 No 124 120
27.01   Property 2029 P Street NW 1910 NAP 8,856 Square Feet 100.0% 8/15/2019 $7,900,000 8/15/2019                  
27.02   Property 900 6th Street NW 1890 2013 3,247 Square Feet 100.0% 8/15/2019 $3,400,000 8/15/2019                  
27.03   Property 440 Massachusetts Avenue NW 2005 NAP 4,300 Square Feet 100.0% 8/15/2019 $2,900,000 8/15/2019                  
27.04   Property 1401 R Street NW 1904 2013 1,278 Square Feet 100.0% 8/15/2019 $1,780,000 8/15/2019                  
28   Loan B2 Lofts 2005 NAP 36 Units 88.9% 2/4/2020 $14,800,000 12/9/2019   3.3100% 0.01402% 3.29598% Actual/360 1 No 120 119
29   Loan 5th Street Lofts 1903 1985 26 Units 100.0% 1/22/2020 $12,100,000 12/10/2019   3.3100% 0.01402% 3.29598% Actual/360 1 No 120 119
30   Loan 1080 Lofts 1945 1991 27 Units 92.6% 2/4/2020 $9,200,000 12/10/2019   3.3100% 0.01402% 3.29598% Actual/360 1 No 120 119

A-1-4 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN CHARACTERISTICS              
Loan No. 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(9) Cash Management Status Crossed With Other Loans Related-Borrower Loans
1   Loan KPMG Plaza at Hall Arts 120 118 0 0 12/23/2019 2/6/2020 NAP 1/6/2030 1/6/2030 NAP $195,917.13 NAP $2,351,005.56 Hard Springing No No
2 (22) Loan Peachtree Office Towers 60 57 360 360 11/21/2019 1/5/2020 1/5/2025 3/5/2030 3/5/2030 $331,064.46 $212,865.97 $3,972,773.51 $2,554,391.64 Springing Springing No No
3   Loan Selig Office Portfolio 120 111 0 0 6/5/2019 7/5/2019 NAP 6/5/2029 6/5/2029 NAP $221,940.28 NAP $2,663,283.36 Hard In-Place No No
3.01   Property 4th & Battery                                  
3.02   Property 333 Elliott                                  
3.03   Property 3rd & Battery                                  
4   Loan Arciterra Portfolio 24 24 360 360 2/10/2020 4/5/2020 4/5/2022 3/5/2030 3/5/2030 $275,152.70 $186,048.61 $3,301,832.40 $2,232,583.32 Hard In-Place No No
4.01   Property Seven Hills Plaza                                  
4.02   Property Cumberland Place                                  
4.03   Property Westgate Plaza                                  
4.04   Property Main Street Office                                  
4.05   Property Auburn Cord Plaza                                  
4.06   Property Plainfield Village                                  
4.07   Property Mayodan Shopping Center                                  
4.08   Property Burlington Plaza West                                  
4.09   Property Shoppes at Heather Glen                                  
4.10   Property Pine Tree Plaza                                  
4.11   Property Ville Platte Shopping Center                                  
4.12   Property Sweden Shopping Center                                  
4.13   Property Longview Center                                  
4.14   Property Eastman Shopping Center                                  
5   Loan The Westchester 120 119 0 0 1/21/2020 3/1/2020 NAP 2/1/2030 2/1/2030 NAP $137,297.45 NAP $1,647,569.40 Hard Springing No No
6   Loan Sol y Luna 120 118 0 0 1/3/2020 2/6/2020 NAP 1/6/2030 1/6/2030 NAP $162,222.22 NAP $1,946,666.64 Soft Springing No No
7   Loan University Village 120 117 0 0 12/2/2019 1/6/2020 NAP 12/6/2029 12/6/2029 NAP $125,468.75 NAP $1,505,625.00 Hard Springing No No
8   Loan Renaissance Plano 0 0 360 352 7/2/2019 8/5/2019 NAP 7/5/2029 7/5/2029 $226,673.44 NAP $2,720,081.28 NAP Soft In-Place No No
9   Loan Monaco Park Apartments 120 116 0 0 10/30/2019 12/1/2019 NAP 11/1/2029 11/1/2029 NAP $121,765.94 NAP $1,461,191.28 Soft Springing No No
10   Loan Portofino Cove 121 120 0 0 1/31/2020 3/5/2020 NAP 3/5/2030 3/5/2030 NAP $111,262.90 NAP $1,335,154.80 NAP NAP No No
11 (23) Loan U-Haul AREC 41 Portfolio 0 0 300 300 2/24/2020 4/5/2020 NAP 3/5/2035 3/5/2030 $153,584.77 NAP $1,843,017.24 NAP Soft Springing No No
11.01   Property U-Haul Moving & Storage of Mesa                                  
11.02   Property U-Haul Storage of Roscoe                                  
11.03   Property U-Haul Storage of South Beloit                                  
11.04   Property U-Haul Moving & Storage of Huber Heights                                  
11.05   Property U-Haul Moving & Storage of Miamisburg                                  
11.06   Property U-Haul Moving & Storage of Brentwood                                  
11.07   Property U-Haul Storage of Crestview                                  
11.08   Property U-Haul Storage of Beloit                                  
11.09   Property U-Haul Storage of Fremont                                  
11.10   Property U-Haul Storage of Rock River                                  
11.11   Property U-Haul Storage of North Beloit                                  
11.12   Property U-Haul Storage of Southwest Beloit                                  
11.13   Property U-Haul Storage of West Beloit                                  
12 (24) Loan Hammond Aire 40 40 360 360 2/19/2020 4/5/2020 8/5/2023 3/5/2030 3/5/2030 $138,601.04 $88,375.63 $1,663,212.45 $1,060,507.56 Hard Springing No No
13 (25) Loan APX Morristown 60 54 360 360 9/5/2019 10/5/2019 10/5/2024 9/5/2029 9/5/2029 $129,322.98 $81,060.42 $1,551,875.76 $972,725.04 Hard In-Place No No
14   Loan Lampwork Apartments 120 119 0 0 1/24/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $70,566.67 NAP $846,800.04 Soft Springing No Group A
15   Loan B3 Lofts 120 119 0 0 2/5/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $55,093.88 NAP $661,126.56 Soft Springing No Group A
16 (26) Loan 1399 Park Avenue 124 119 0 0 9/26/2019 11/5/2019 NAP 2/5/2032 2/5/2030 NAP $55,510.42 NAP $666,125.04 Hard In-Place No No
17   Loan Bella Grand 123 120 0 0 12/5/2019 1/5/2020 NAP 3/5/2030 3/5/2030 NAP $49,680.49 NAP $596,165.88 NAP NAP No No
18   Loan Bakery Lofts 120 119 0 0 1/24/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $39,992.00 NAP $479,904.00 Soft Springing No Group A
19   Loan Howard Commons 12 10 348 348 12/10/2019 2/5/2020 2/5/2021 3/5/2030 3/5/2030 $63,615.79 $42,659.38 $763,389.48 $511,912.56 Springing Springing No No
20   Loan West Towne Commons 0 0 360 359 1/30/2020 3/6/2020 NAP 2/6/2030 2/6/2030 $61,757.04 NAP $741,084.48 NAP Hard Springing No No
21   Loan CEV Upstate Apartments 0 0 360 358 12/20/2019 2/6/2020 NAP 1/6/2030 1/6/2030 $62,367.50 NAP $748,410.00 NAP Springing Springing No No
22   Loan MacArthur Village 6 2 300 300 10/16/2019 12/5/2019 6/5/2020 3/5/2030 3/5/2030 $60,473.99 $36,844.72 $725,687.88 $442,136.64 Hard Springing No No
23   Loan Tru Fayetteville 0 0 300 300 2/13/2020 4/5/2020 NAP 3/5/2030 3/5/2030 $56,674.24 NAP $680,090.88 NAP Springing Springing No No
24   Loan Langston Landing 121 120 0 0 1/15/2020 3/5/2020 NAP 3/5/2030 3/5/2030 NAP $32,834.16 NAP $394,009.92 Soft Springing No No
25   Loan 3030 Chapman Apartments 120 119 0 0 1/24/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $31,008.95 NAP $372,107.40 Soft Springing No Group A
26   Loan Adam's Towers 121 120 0 0 1/31/2020 3/5/2020 NAP 3/5/2030 3/5/2030 NAP $31,316.49 NAP $375,797.88 NAP NAP No No
27   Loan DDC4 Portfolio 124 120 0 0 10/18/2019 12/5/2019 NAP 3/5/2030 3/5/2030 NAP $32,792.97 NAP $393,515.64 Hard Springing No No
27.01   Property 2029 P Street NW                                  
27.02   Property 900 6th Street NW                                  
27.03   Property 440 Massachusetts Avenue NW                                  
27.04   Property 1401 R Street NW                                  
28   Loan B2 Lofts 120 119 0 0 2/5/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $25,169.79 NAP $302,037.48 Soft Springing No Group A
29   Loan 5th Street Lofts 120 119 0 0 1/24/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $20,695.16 NAP $248,341.92 Soft Springing No Group A
30   Loan 1080 Lofts 120 119 0 0 2/5/2020 3/6/2020 NAP 2/6/2030 2/6/2030 NAP $15,101.88 NAP $181,222.56 Soft Springing No Group A

A-1-5 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN CHARACTERISTICS   MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13)  
Loan No. Footnotes Flag Deal Name UW NOI DSCR (P&I)(10) UW NOI DSCR (IO) UW NCF DSCR (P&I)(10) UW NCF DSCR (IO) Cut-Off Date LTV Ratio(7) Maturity Date LTV Ratio(7) Grace Period to Late Charge (Days) Grace Period to Default (Days) Due Date Prepayment Provisions (No. of Payments)(11)(12)   Third Most Recent Revenues Third Most Recent Expenses Third Most Recent NOI Third Most Recent NOI Date Third Most Recent NOI Debt Yield
1   Loan KPMG Plaza at Hall Arts NAP 3.04x NAP 2.90x 46.6% 46.6% 0    0    6 L(26), Def(87), O(7)   $18,117,490 $6,416,994 $11,700,496 12/31/2017 10.5%
2 (22) Loan Peachtree Office Towers 1.48x 2.30x 1.34x 2.08x 60.6% 52.9% 0    0    5 L(35), Def(85), O(3)   $10,501,251 $5,009,573 $5,491,678 12/31/2017 8.3%
3   Loan Selig Office Portfolio NAP 2.03x NAP 1.93x 59.0% 59.0% 0    0    5 L(33), Def(83), O(4)   $13,291,924 $2,771,122 $10,520,802 12/31/2017 7.8%
3.01   Property 4th & Battery NAP 2.03x NAP 1.93x 59.0% 59.0%           $5,791,748 $1,695,337 $4,096,411 12/31/2017 7.8%
3.02   Property 333 Elliott NAP 2.03x NAP 1.93x 59.0% 59.0%           $5,444,898 $480,562 $4,964,336 12/31/2017 7.8%
3.03   Property 3rd & Battery NAP 2.03x NAP 1.93x 59.0% 59.0%           $2,055,278 $595,223 $1,460,055 12/31/2017 7.8%
4   Loan Arciterra Portfolio 2.10x 3.11x 1.94x 2.87x 61.0% 50.9% 0    0    5 L(35), Def(81), O(4)   $7,413,628 $2,795,549 $4,618,079 12/31/2017 7.7%
4.01   Property Seven Hills Plaza 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $2,459,269 $862,307 $1,596,962 12/31/2017 7.7%
4.02   Property Cumberland Place 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $504,167 $164,965 $339,202 12/31/2017 7.7%
4.03   Property Westgate Plaza 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $694,760 $295,292 $399,467 12/31/2017 7.7%
4.04   Property Main Street Office 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $558,267 $174,526 $383,741 12/31/2017 7.7%
4.05   Property Auburn Cord Plaza 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $579,998 $226,693 $353,305 12/31/2017 7.7%
4.06   Property Plainfield Village 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $329,448 $287,144 $42,304 12/31/2017 7.7%
4.07   Property Mayodan Shopping Center 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $468,985 $66,084 $402,901 12/31/2017 7.7%
4.08   Property Burlington Plaza West 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $293,519 $137,886 $155,634 12/31/2017 7.7%
4.09   Property Shoppes at Heather Glen 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $264,260 $119,216 $145,044 12/31/2017 7.7%
4.10   Property Pine Tree Plaza 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $306,148 $148,883 $157,265 12/31/2017 7.7%
4.11   Property Ville Platte Shopping Center 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $245,357 $90,650 $154,707 12/31/2017 7.7%
4.12   Property Sweden Shopping Center 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $321,469 $104,023 $217,446 12/31/2017 7.7%
4.13   Property Longview Center 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $261,422 $91,395 $170,027 12/31/2017 7.7%
4.14   Property Eastman Shopping Center 2.10x 3.11x 1.94x 2.87x 61.0% 50.9%           $126,560 $26,486 $100,075 12/31/2017 7.7%
5   Loan The Westchester NAP 3.75x NAP 3.61x 42.3% 42.3% 0    0    1 L(25), Def(88), O(7)   $70,501,855 $21,229,955 $49,271,900 12/31/2017 14.4%
6   Loan Sol y Luna NAP 2.56x NAP 2.51x 47.0% 47.0% 0    0    6 L(26), Def(90), O(4)   $12,639,122 $4,787,889 $7,851,232 12/31/2017 8.7%
7   Loan University Village NAP 3.52x NAP 3.39x 38.5% 38.5% 0    0    6 L(27), Def or YM1(86), O(7)   $36,149,197 $10,609,777 $25,539,420 12/31/2017 10.2%
8   Loan Renaissance Plano 2.01x NAP 1.77x NAP 63.9% 52.1% 5 (2 times during loan term, but no more than 1 time in any 366 day period) 0    5 L(35), Def(82), O(3)   $9,658,115 $8,069,025 $1,589,090 12/31/2017 1.8%
9   Loan Monaco Park Apartments NAP 2.22x NAP 2.17x 67.0% 67.0% 5    5    1 YM0.5(28), Def or YM0.5(85), O(7)   N/A N/A N/A N/A NAP
10   Loan Portofino Cove NAP 1.98x NAP 1.93x 63.8% 63.8% 0    0    5 L(25), Def(93), O(3)   N/A N/A N/A N/A NAP
11 (23) Loan U-Haul AREC 41 Portfolio 1.86x NAP 1.82x NAP 61.6% 42.8% 0    0    5 L(24), Def(92), O(4)   N/A N/A N/A N/A NAP
11.01   Property U-Haul Moving & Storage of Mesa 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.02   Property U-Haul Storage of Roscoe 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.03   Property U-Haul Storage of South Beloit 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.04   Property U-Haul Moving & Storage of Huber Heights 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.05   Property U-Haul Moving & Storage of Miamisburg 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.06   Property U-Haul Moving & Storage of Brentwood 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.07   Property U-Haul Storage of Crestview 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.08   Property U-Haul Storage of Beloit 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.09   Property U-Haul Storage of Fremont 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.10   Property U-Haul Storage of Rock River 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.11   Property U-Haul Storage of North Beloit 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.12   Property U-Haul Storage of Southwest Beloit 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
11.13   Property U-Haul Storage of West Beloit 1.86x NAP 1.82x NAP 61.6% 42.8%           N/A N/A N/A N/A NAP
12 (24) Loan Hammond Aire 2.11x 3.30x 2.04x 3.20x 61.7% 52.1% 0    0    5 L(35), Def(81), O(4)   $3,973,658 $710,794 $3,262,863 12/31/2017 10.9%
13 (25) Loan APX Morristown 1.84x 2.93x 1.62x 2.58x 67.3% 58.9% 0    0    5 L(36), Def(79), O(5)   $8,396,321 $4,534,948 $3,861,373 12/31/2017 5.9%
14   Loan Lampwork Apartments NAP 2.33x NAP 2.31x 61.4% 61.4% 0    0    6 L(25), Def(90), O(5)   $2,707,525 $1,054,183 $1,653,342 12/31/2017 6.9%
15   Loan B3 Lofts NAP 2.27x NAP 2.24x 60.1% 60.1% 0    0    6 L(25), Def(90), O(5)   $2,042,318 $778,482 $1,263,836 12/31/2017 6.4%
16 (26) Loan 1399 Park Avenue NAP 1.97x NAP 1.97x 67.2% 67.2% 0    0    5 L(35), Def(85), O(4)   N/A N/A N/A N/A NAP
17   Loan Bella Grand NAP 2.56x NAP 2.56x 66.5% 66.5% 0    0    5 L(27), Def(92), O(4)   $2,067,189 $940,974 $1,126,215 12/31/2017 6.5%
18   Loan Bakery Lofts NAP 2.55x NAP 2.52x 63.7% 63.7% 0    0    6 L(25), Def(90), O(5)   $1,612,712 $566,971 $1,045,740 12/31/2017 7.3%
19   Loan Howard Commons 2.12x 3.17x 1.77x 2.64x 57.2% 45.5% 0    0    5 L(35), Def(84), O(3)   $2,657,431 $1,228,009 $1,429,422 12/31/2017 T11 Annualized 10.6%
20   Loan West Towne Commons 2.32x NAP 2.09x NAP 72.5% 56.9% 0    0    6 L(35), Def(81), O(4)   $3,055,225 $722,648 $2,332,578 12/31/2017 17.3%
21   Loan CEV Upstate Apartments 2.16x NAP 2.08x NAP 69.0% 54.5% 0    0    6 L(35), Def(80), O(5)   $2,976,288 $1,454,530 $1,521,758 12/31/2017 11.3%
22   Loan MacArthur Village 1.88x 3.09x 1.78x 2.93x 69.3% 49.7% 0    0    5 L(28), Def(91), O(5)   $1,408,845 $376,511 $1,032,334 12/31/2017 8.7%
23   Loan Tru Fayetteville 2.36x NAP 2.17x NAP 59.5% 42.4% 0    0    5 L(24), Def(92), O(4)   N/A N/A N/A N/A NAP
24   Loan Langston Landing NAP 2.51x NAP 2.26x 61.6% 61.6% 0    0    5 L(25), Def(91), O(5)   $1,426,450 $444,091 $982,359 12/31/2017 9.1%
25   Loan 3030 Chapman Apartments NAP 2.41x NAP 2.38x 58.8% 58.8% 0    0    6 L(25), Def(90), O(5)   N/A N/A N/A N/A NAP
26   Loan Adam's Towers NAP 2.12x NAP 2.06x 64.4% 64.4% 0    0    5 L(35), Def(82), O(4)   $1,225,096 $530,203 $694,893 12/31/2017 6.6%
27   Loan DDC4 Portfolio NAP 2.15x NAP 2.14x 64.8% 64.8% 0    0    5 L(35), Def(84), O(5)   $1,021,906 $307,620 $714,286 12/31/2017 6.9%
27.01   Property 2029 P Street NW NAP 2.15x NAP 2.14x 64.8% 64.8%           $488,158 $167,221 $320,937 12/31/2017 6.9%
27.02   Property 900 6th Street NW NAP 2.15x NAP 2.14x 64.8% 64.8%           $201,721 $49,079 $152,642 12/31/2017 6.9%
27.03   Property 440 Massachusetts Avenue NW NAP 2.15x NAP 2.14x 64.8% 64.8%           $210,678 $55,598 $155,080 12/31/2017 6.9%
27.04   Property 1401 R Street NW NAP 2.15x NAP 2.14x 64.8% 64.8%           $121,349 $35,722 $85,627 12/31/2017 6.9%
28   Loan B2 Lofts NAP 2.58x NAP 2.55x 60.8% 60.8% 0    0    6 L(25), Def(90), O(5)   $989,553 $324,898 $664,655 12/31/2017 7.4%
29   Loan 5th Street Lofts NAP 2.83x NAP 2.81x 61.2% 61.2% 0    0    6 L(25), Def(90), O(5)   $854,849 $293,411 $561,438 12/31/2017 7.6%
30   Loan 1080 Lofts NAP 2.92x NAP 2.88x 58.7% 58.7% 0    0    6 L(25), Def(90), O(5)   $694,932 $263,840 $431,092 12/31/2017 8.0%

A-1-6 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13)              
Loan No. Footnotes Flag Deal Name Second Most Recent Revenues Second Most Recent Expenses Second Most Recent NOI Second Most Recent NOI Date Second Most Recent NOI Debt Yield Most Recent Revenues Most Recent Expenses Most Recent NOI Most Recent NOI Date Most Recent NOI Debt Yield UW Occupancy UW Revenues UW Expenses UW NOI UW NOI Debt Yield
1   Loan KPMG Plaza at Hall Arts $18,462,974 $7,210,577 $11,252,397 12/31/2018 10.1% $18,790,303 $7,563,120 $11,227,183 T12 10/31/2019 10.1% 95.0% $19,465,123 $7,713,107 $11,752,016 10.5%
2 (22) Loan Peachtree Office Towers $10,355,486 $5,230,067 $5,125,419 12/31/2018 7.8% $11,746,371 $6,630,716 $5,115,655 12/31/2019 7.8% 84.0% $12,385,425 $6,516,389 $5,869,035 8.9%
3   Loan Selig Office Portfolio $12,114,998 $3,138,457 $8,976,541 12/31/2018 6.6% $10,399,437 $3,141,851 $7,257,586 T12 6/30/2019 5.4% 95.0% $15,579,453 $3,436,644 $12,142,808 9.0%
3.01   Property 4th & Battery $5,781,742 $1,862,852 $3,918,890 12/31/2018 6.6% $5,668,665 $1,805,595 $3,863,070 T12 6/30/2019 5.4% 95.1% $6,764,749 $1,847,974 $4,916,774 9.0%
3.02   Property 333 Elliott $3,735,635 $783,575 $2,952,060 12/31/2018 6.6% $2,341,098 $934,294 $1,406,804 T12 6/30/2019 5.4% 95.0% $6,150,639 $936,711 $5,213,929 9.0%
3.03   Property 3rd & Battery $2,597,621 $492,030 $2,105,591 12/31/2018 6.6% $2,389,674 $401,962 $1,987,712 T12 6/30/2019 5.4% 95.0% $2,664,065 $651,960 $2,012,105 9.0%
4   Loan Arciterra Portfolio $8,123,420 $2,928,691 $5,194,729 12/31/2018 8.7% $8,396,516 $2,728,090 $5,668,426 T12 11/30/2019 9.4% 90.4% $9,932,956 $2,991,377 $6,941,579 11.6%
4.01   Property Seven Hills Plaza $2,603,002 $876,567 $1,726,435 12/31/2018 8.7% $2,807,777 $896,936 $1,910,841 T12 11/30/2019 9.4% 92.6% $2,943,314 $922,193 $2,021,121 11.6%
4.02   Property Cumberland Place $502,794 $199,069 $303,725 12/31/2018 8.7% $513,903 $174,829 $339,074 T12 11/30/2019 9.4% 89.7% $754,939 $189,985 $564,954 11.6%
4.03   Property Westgate Plaza $779,143 $273,844 $505,299 12/31/2018 8.7% $775,263 $236,372 $538,891 T12 11/30/2019 9.4% 96.1% $710,946 $247,722 $463,224 11.6%
4.04   Property Main Street Office $574,647 $197,532 $377,115 12/31/2018 8.7% $621,994 $173,606 $448,388 T12 11/30/2019 9.4% 94.2% $659,734 $218,479 $441,255 11.6%
4.05   Property Auburn Cord Plaza $640,602 $281,279 $359,323 12/31/2018 8.7% $628,074 $257,973 $370,101 T12 11/30/2019 9.4% 90.8% $886,467 $278,251 $608,217 11.6%
4.06   Property Plainfield Village $401,279 $317,009 $84,270 12/31/2018 8.7% $348,854 $107,957 $240,897 T12 11/30/2019 9.4% 75.4% $798,521 $253,181 $545,340 11.6%
4.07   Property Mayodan Shopping Center $517,949 $96,647 $421,302 12/31/2018 8.7% $504,818 $125,065 $379,753 T12 11/30/2019 9.4% 92.8% $578,237 $146,654 $431,583 11.6%
4.08   Property Burlington Plaza West $418,474 $114,450 $304,024 12/31/2018 8.7% $495,671 $144,151 $351,520 T12 11/30/2019 9.4% 98.4% $627,525 $168,738 $458,786 11.6%
4.09   Property Shoppes at Heather Glen $305,214 $138,266 $166,948 12/31/2018 8.7% $282,048 $108,957 $173,091 T12 11/30/2019 9.4% 80.5% $400,632 $116,946 $283,686 11.6%
4.10   Property Pine Tree Plaza $375,024 $151,562 $223,462 12/31/2018 8.7% $385,559 $200,137 $185,422 T12 11/30/2019 9.4% 100.0% $450,952 $122,350 $328,602 11.6%
4.11   Property Ville Platte Shopping Center $286,692 $82,698 $203,994 12/31/2018 8.7% $306,455 $81,044 $225,411 T12 11/30/2019 9.4% 100.0% $364,913 $89,582 $275,331 11.6%
4.12   Property Sweden Shopping Center $306,793 $121,814 $184,979 12/31/2018 8.7% $322,557 $110,424 $212,133 T12 11/30/2019 9.4% 85.2% $309,653 $110,933 $198,721 11.6%
4.13   Property Longview Center $297,893 $60,179 $237,714 12/31/2018 8.7% $293,144 $89,599 $203,545 T12 11/30/2019 9.4% 82.7% $295,985 $93,084 $202,901 11.6%
4.14   Property Eastman Shopping Center $113,914 $17,773 $96,141 12/31/2018 8.7% $110,399 $21,041 $89,358 T12 11/30/2019 9.4% 77.5% $151,139 $33,279 $117,860 11.6%
5   Loan The Westchester $63,904,028 $22,030,551 $41,873,477 12/31/2018 12.2% $63,350,693 $22,530,678 $40,820,015 T12 10/31/2019 11.9% 95.1% $64,364,071 $22,017,611 $42,346,460 12.3%
6   Loan Sol y Luna $13,317,922 $4,644,649 $8,673,273 12/31/2018 9.6% $13,549,305 $4,827,597 $8,721,708 T12 7/31/2019 9.7% 90.0% $13,565,195 $4,590,997 $8,974,199 10.0%
7   Loan University Village $38,418,309 $11,099,447 $27,318,862 12/31/2018 10.9% $39,079,403 $11,326,249 $27,753,154 T12 9/30/2019 11.1% 95.0% $41,651,294 $12,188,610 $29,462,684 11.8%
8   Loan Renaissance Plano $30,738,549 $21,032,033 $9,706,516 12/31/2018 10.9% $32,385,615 $21,571,456 $10,814,158 T12 7/31/2019 12.1% 73.0% $32,385,615 $21,459,721 $10,925,894 12.3%
9   Loan Monaco Park Apartments $3,876,831 $1,211,565 $2,665,266 12/31/2018 6.3% $4,328,678 $1,178,917 $3,149,761 12/31/2019 7.4% 92.9% $4,458,188 $1,211,140 $3,247,049 7.6%
10   Loan Portofino Cove N/A N/A N/A N/A NAP $2,150,206 $1,063,894 $1,086,312 T12 11/30/2019 3.1% 90.4% $4,190,377 $1,549,596 $2,640,781 7.7%
11 (23) Loan U-Haul AREC 41 Portfolio N/A N/A N/A N/A NAP $4,067,927 $905,920 $3,162,007 T12 11/30/2019 9.9% 91.6% $5,003,216 $1,567,832 $3,435,384 10.7%
11.01   Property U-Haul Moving & Storage of Mesa N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.02   Property U-Haul Storage of Roscoe N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.03   Property U-Haul Storage of South Beloit N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.04   Property U-Haul Moving & Storage of Huber Heights N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.05   Property U-Haul Moving & Storage of Miamisburg N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.06   Property U-Haul Moving & Storage of Brentwood N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.07   Property U-Haul Storage of Crestview N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.08   Property U-Haul Storage of Beloit N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.09   Property U-Haul Storage of Fremont N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.10   Property U-Haul Storage of Rock River N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.11   Property U-Haul Storage of North Beloit N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.12   Property U-Haul Storage of Southwest Beloit N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
11.13   Property U-Haul Storage of West Beloit N/A N/A N/A N/A NAP N/A N/A N/A N/A 9.9% N/A N/A N/A N/A 10.7%
12 (24) Loan Hammond Aire $4,366,337 $747,601 $3,618,736 12/31/2018 12.1% $4,218,129 $739,547 $3,478,582 T12 10/31/2019 11.7% 95.0% $4,497,828 $995,247 $3,502,581 11.8%
13 (25) Loan APX Morristown $8,732,256 $4,952,347 $3,779,910 12/31/2018 5.7% $8,552,450 $5,316,262 $3,236,189 T12 6/30/2019 4.9% 92.1% $12,280,153 $5,050,147 $7,230,006 11.0%
14   Loan Lampwork Apartments $2,825,300 $1,103,210 $1,722,091 12/31/2018 7.2% $2,946,678 $1,119,311 $1,827,367 12/31/2019 7.6% 94.8% $3,050,528 $1,073,788 $1,976,740 8.2%
15   Loan B3 Lofts $2,141,614 $817,071 $1,324,543 12/31/2018 6.7% $2,295,041 $885,989 $1,409,052 12/31/2019 7.2% 92.8% $2,359,011 $856,397 $1,502,614 7.6%
16 (26) Loan 1399 Park Avenue N/A N/A N/A N/A NAP N/A N/A N/A N/A NAP 97.5% $1,435,193 $120,608 $1,314,585 7.3%
17   Loan Bella Grand $2,263,390 $924,039 $1,339,351 12/31/2018 7.8% $2,422,709 $911,785 $1,510,924 T12 10/31/2019 8.8% 88.7% $2,449,509 $921,341 $1,528,169 8.9%
18   Loan Bakery Lofts $1,711,022 $519,947 $1,191,075 12/31/2018 8.3% $1,791,898 $532,171 $1,259,727 12/31/2019 8.8% 91.3% $1,726,064 $504,270 $1,221,794 8.5%
19   Loan Howard Commons $2,066,002 $1,162,912 $903,091 12/31/2018 6.7% $2,834,829 $1,387,296 $1,447,532 T12 9/30/2019 10.7% 94.8% $3,185,717 $1,564,166 $1,621,551 12.0%
20   Loan West Towne Commons $2,323,550 $666,423 $1,657,128 12/31/2018 12.3% $2,456,684 $733,238 $1,723,446 T12 11/30/2019 12.8% 89.8% $2,459,899 $740,557 $1,719,342 12.8%
21   Loan CEV Upstate Apartments $2,991,127 $1,511,932 $1,479,195 12/31/2018 11.0% $3,128,350 $1,572,490 $1,555,860 T12 10/31/2019 11.6% 95.0% $3,153,146 $1,539,822 $1,613,324 12.0%
22   Loan MacArthur Village $1,675,522 $414,238 $1,261,284 12/31/2018 10.6% $1,724,338 $404,602 $1,319,736 T12 8/31/2019 11.1% 93.5% $1,769,077 $401,186 $1,367,891 11.5%
23   Loan Tru Fayetteville $3,180,574 $1,649,083 $1,531,491 12/31/2019 13.9% $3,248,021 $1,660,943 $1,587,077 T12 1/31/2020 14.4% 81.1% $3,248,021 $1,640,482 $1,607,539 14.6%
24   Loan Langston Landing $1,298,738 $542,068 $756,669 12/31/2018 7.0% $1,462,698 $457,792 $1,004,906 Annualized T7 7/31/2019 9.3% 95.0% $1,485,262 $496,357 $988,906 9.2%
25   Loan 3030 Chapman Apartments $709,818 $339,562 $370,255 12/31/2018 3.5% $1,407,202 $561,716 $845,486 12/31/2019 7.9% 95.0% $1,436,778 $540,107 $896,670 8.4%
26   Loan Adam's Towers $1,217,800 $616,085 $601,715 12/31/2018 5.7% $1,314,848 $552,867 $761,981 T12 11/30/2019 7.3% 88.9% $1,314,848 $516,770 $798,079 7.6%
27   Loan DDC4 Portfolio $1,021,371 $370,715 $650,656 12/31/2018 6.3% $1,026,867 $360,062 $666,805 T12 9/30/2019 6.4% 95.0% $1,168,277 $322,127 $846,150 8.2%
27.01   Property 2029 P Street NW $457,052 $213,787 $243,265 12/31/2018 6.3% $429,824 $205,870 $223,954 T12 9/30/2019 6.4% 95.0% $599,449 $179,357 $420,091 8.2%
27.02   Property 900 6th Street NW $246,981 $60,073 $186,908 12/31/2018 6.3% $255,471 $52,808 $202,663 T12 9/30/2019 6.4% 95.0% $238,855 $50,040 $188,815 8.2%
27.03   Property 440 Massachusetts Avenue NW $190,201 $58,219 $131,982 12/31/2018 6.3% $209,369 $61,328 $148,041 T12 9/30/2019 6.4% 95.0% $204,011 $59,426 $144,585 8.2%
27.04   Property 1401 R Street NW $126,992 $38,637 $88,355 12/31/2018 6.3% $132,203 $40,056 $92,147 T12 9/30/2019 6.4% 95.0% $125,963 $33,304 $92,659 8.2%
28   Loan B2 Lofts $1,014,378 $328,527 $685,851 12/31/2018 7.6% $1,048,708 $329,801 $718,907 12/31/2019 8.0% 94.4% $1,096,499 $317,170 $779,329 8.7%
29   Loan 5th Street Lofts $892,823 $248,346 $644,477 12/31/2018 8.7% $934,316 $249,266 $685,050 12/31/2019 9.3% 95.0% $936,306 $233,103 $703,203 9.5%
30   Loan 1080 Lofts $709,950 $282,538 $427,412 12/31/2018 7.9% $716,979 $263,318 $453,661 12/31/2019 8.4% 95.0% $781,215 $251,708 $529,507 9.8%

A-1-7 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(13)   LARGEST TENANT INFORMATION(14)(15)(16)         2ND LARGEST TENANT INFORMATION(14)(15)(16)  
Loan No. Footnotes Flag Deal Name UW Capital Items UW NCF UW NCF Debt Yield   Largest Tenant Largest Tenant Lease Expiration Largest Tenant NRA Largest Tenant % of NRA   2nd Largest Tenant 2nd Largest Tenant Lease Expiration
1   Loan KPMG Plaza at Hall Arts $553,567 $11,198,449 10.0%   KPMG LLP 7/26/2030 207,292 44.9%   Jackson Walker L.L.P. 104,064 SF(12/31/2030); 4,085 SF(6/30/2022)
2 (22) Loan Peachtree Office Towers $560,585 $5,308,451 8.0%   State Board - Workers Comp 9/30/2025 71,020 11.5%   Richard Bowers & Co 3,894 SF (MTM); 2,048 SF (4/30/2020); 18,291 SF (7/31/2022); 2,048 SF (4/30/2024); 1,724 SF (10/31/2025); 11,981 SF (4/30/2026)
3   Loan Selig Office Portfolio $605,410 $11,537,398 8.5%   Various Various Various Various   Various Various
3.01   Property 4th & Battery $303,860 $4,612,914 8.5%   Aptevo Therapeutics, Inc. 4/30/2030 47,399 23.4%   New Engen, Inc. 9/30/2021
3.02   Property 333 Elliott $200,744 $5,013,185 8.5%   Outreach Corporation 12/31/2028 84,077 63.0%   Leafly 8/31/2024
3.03   Property 3rd & Battery $100,806 $1,911,299 8.5%   Antioch University 11/30/2031 38,228 57.0%   Sound Community Bank 6/30/2029
4   Loan Arciterra Portfolio $542,258 $6,399,321 10.7%   Various Various Various Various   Various Various
4.01   Property Seven Hills Plaza $114,618 $1,906,502 10.7%   Movie Tavern 12/31/2029 35,974 26.5%   Hopebridge 5/30/2030
4.02   Property Cumberland Place $28,031 $536,923 10.7%   Bharath Farmer's Market 11/30/2025 7,500 22.6%   Carrabba's 7/31/2021
4.03   Property Westgate Plaza $56,120 $407,104 10.7%   Kroger 8/31/2021 49,213 74.0%   Dollar Tree 6/30/2022
4.04   Property Main Street Office $23,471 $417,784 10.7%   Regus 11/30/2026 10,659 38.3%   Berkshire Hathaway HomeServices 10/31/2020
4.05   Property Auburn Cord Plaza $99,346 $508,870 10.7%   Family Farm & Home 2/28/2023 56,000 47.6%   Indiana Ninja Academy 3/31/2025
4.06   Property Plainfield Village $35,167 $510,174 10.7%   Hopebridge 5/31/2030 9,094 21.8%   Simply Chic 5/31/2022
4.07   Property Mayodan Shopping Center $46,993 $384,590 10.7%   StaffMasters 6/30/2020 19,734 35.5%   Dollar Tree 4/30/2022
4.08   Property Burlington Plaza West $30,099 $428,687 10.7%   Family Buffet 10/31/2024 8,000 22.4%   Queso's Mexican Bar & Grill 9/30/2024
4.09   Property Shoppes at Heather Glen $13,509 $270,177 10.7%   Orange Theory Fitness 9/30/2030 3,520 22.0%   LA Tan 12/31/2022
4.10   Property Pine Tree Plaza $22,838 $305,764 10.7%   Dollar Tree 1/31/2025 11,100 41.0%   Fujiyama Japanese Steakhouse 6/30/2029
4.11   Property Ville Platte Shopping Center $21,445 $253,886 10.7%   Dollar Tree 8/31/2021 8,000 31.5%   Royal Beauty Supply 12/31/2025
4.12   Property Sweden Shopping Center $15,957 $182,763 10.7%   Maurices 10/31/2021 5,000 26.5%   Shoe Show 11/30/2023
4.13   Property Longview Center $21,825 $181,076 10.7%   Dollar Tree 4/30/2022 9,550 36.9%   Cato 1/31/2022
4.14   Property Eastman Shopping Center $12,839 $105,021 10.7%   The Cato Corporation 1/31/2021 4,160 27.4%   Eastman Laundromat 5/31/2025
5   Loan The Westchester $1,504,196 $40,842,264 11.9%   Nordstrom 3/17/2035 206,197 25.3%   Neiman Marcus 1/21/2027
6   Loan Sol y Luna $165,280 $8,808,919 9.8%   NAP NAP NAP NAP   NAP NAP
7   Loan University Village $1,085,138 $28,377,547 11.4%   Restoration Hardware Gallery 1/31/2032 43,846 7.3%   Crate & Barrel 1/31/2026
8   Loan Renaissance Plano $1,295,425 $9,630,469 10.8%   NAP NAP NAP NAP   NAP NAP
9   Loan Monaco Park Apartments $71,000 $3,176,049 7.5%   NAP NAP NAP NAP   NAP NAP
10   Loan Portofino Cove $67,500 $2,573,281 7.5%   NAP NAP NAP NAP   NAP NAP
11 (23) Loan U-Haul AREC 41 Portfolio $88,563 $3,346,820 10.5%   NAP NAP NAP NAP   NAP NAP
11.01   Property U-Haul Moving & Storage of Mesa N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.02   Property U-Haul Storage of Roscoe N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.03   Property U-Haul Storage of South Beloit N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.04   Property U-Haul Moving & Storage of Huber Heights N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.05   Property U-Haul Moving & Storage of Miamisburg N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.06   Property U-Haul Moving & Storage of Brentwood N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.07   Property U-Haul Storage of Crestview N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.08   Property U-Haul Storage of Beloit N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.09   Property U-Haul Storage of Fremont N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.10   Property U-Haul Storage of Rock River N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.11   Property U-Haul Storage of North Beloit N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.12   Property U-Haul Storage of Southwest Beloit N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
11.13   Property U-Haul Storage of West Beloit N/A N/A 10.5%   NAP NAP NAP NAP   NAP NAP
12 (24) Loan Hammond Aire $107,701 $3,394,881 11.4%   Burlington 8/31/2024 80,450 23.0%   Stein Mart 1/31/2026
13 (25) Loan APX Morristown $851,799 $6,378,208 9.7%   Louis Berger Group Inc. 12/31/2026 110,047 22.6%   New York Marine & General Ins 1/31/2022
14   Loan Lampwork Apartments $23,000 $1,953,740 8.1%   NAP NAP NAP NAP   NAP NAP
15   Loan B3 Lofts $20,500 $1,482,114 7.5%   NAP NAP NAP NAP   NAP NAP
16 (26) Loan 1399 Park Avenue $4,420 $1,310,165 7.3%   Icahn School of Medicine at  Mount Sinai 5/31/2034 22,100 100.0%   NAP NAP
17   Loan Bella Grand $0 $1,528,169 8.9%   NAP NAP NAP NAP   NAP NAP
18   Loan Bakery Lofts $14,250 $1,207,544 8.4%   NAP NAP NAP NAP   NAP NAP
19   Loan Howard Commons $268,942 $1,352,608 10.0%   Geo T. Schmidt 3/31/2022 45,000 12.7%   Superior Knife, LLC 7/31/2026
20   Loan West Towne Commons $167,900 $1,551,443 11.5%   Stein Mart 3/31/2027 34,030 18.8%   OfficeMax 4/30/2026
21   Loan CEV Upstate Apartments $54,600 $1,558,724 11.6%   NAP NAP NAP NAP   NAP NAP
22   Loan MacArthur Village $73,234 $1,294,657 10.9%   Kroger 3/25/2025 66,612 36.5%   Tuesday Morning 1/31/2028
23   Loan Tru Fayetteville $129,921 $1,477,618 13.4%   NAP NAP NAP NAP   NAP NAP
24   Loan Langston Landing $97,758 $891,148 8.3%   Safeway 8/20/2022 49,063 58.8%   Dollar Tree 7/31/2027
25   Loan 3030 Chapman Apartments $10,250 $886,420 8.3%   NAP NAP NAP NAP   NAP NAP
26   Loan Adam's Towers $22,869 $775,210 7.4%   NAP NAP NAP NAP   NAP NAP
27   Loan DDC4 Portfolio $3,536 $842,614 8.1%   Various Various Various Various   Various Various
27.01   Property 2029 P Street NW $1,771 $418,320 8.1%   Sorellina 4/30/2029 2,119 23.9%   JFL & Associates Counseling 11/30/2024
27.02   Property 900 6th Street NW $649 $188,166 8.1%   La Colombe 11/30/2025 1,633 50.3%   Cove 10/31/2021
27.03   Property 440 Massachusetts Avenue NW $860 $143,725 8.1%   E.H.T. Traceries, Inc. 9/30/2026 4,300 100.0%   NAP NAP
27.04   Property 1401 R Street NW $256 $92,403 8.1%   Red Light 4/30/2023 1,278 100.0%   NAP NAP
28   Loan B2 Lofts $9,000 $770,329 8.6%   NAP NAP NAP NAP   NAP NAP
29   Loan 5th Street Lofts $6,500 $696,703 9.4%   NAP NAP NAP NAP   NAP NAP
30   Loan 1080 Lofts $6,750 $522,757 9.7%   NAP NAP NAP NAP   NAP NAP

A-1-8 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        2ND LARGEST TENANT INFORMATION(14)(15)(16)   3RD LARGEST TENANT INFORMATION(14)(15)(16)       4TH LARGEST TENANT INFORMATION(14)(15)(16)         5TH LARGEST TENANT INFORMATION(14)(15)(16)
Loan No. Footnotes Flag Deal Name 2nd Largest Tenant NRA 2nd Largest Tenant % of NRA   3rd Largest Tenant 3rd Largest Tenant Lease Expiration 3rd Largest Tenant NRA 3rd Largest Tenant  % of NRA   4th Largest Tenant 4th Largest Tenant Lease Expiration 4th Largest Tenant NRA 4th Largest Tenant % of NRA   5th Largest Tenant
1   Loan KPMG Plaza at Hall Arts 108,149 23.4%   Bell Nunnally & Martin LLP 7/31/2034 41,693 9.0%   Serendipity Labs, Inc. 9/30/2028 28,396 6.2%   Hall Financial Group, Ltd.
2 (22) Loan Peachtree Office Towers 37,938 6.1%   Georgia Chamber of Commerce 7/31/2024 27,848 4.5%   Emory Healthcare Commercial 3/31/2023 27,848 4.5%   Regus
3   Loan Selig Office Portfolio Various Various   Various Various Various Various   Various Various Various Various   Various
3.01   Property 4th & Battery 35,884 17.8%   Highspot, LLC 8/14/2022 24,262 12.0%   Smart Technologies, Inc 4/30/2029 18,149 9.0%   LifeSpan Biosciences
3.02   Property 333 Elliott 49,395 37.0%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
3.03   Property 3rd & Battery 17,322 25.8%   Zymeworks Biopharmaceuticals 2/28/2022 10,922 16.3%   NAP NAP NAP NAP   NAP
4   Loan Arciterra Portfolio Various Various   Various Various Various Various   Various Various Various Various   Various
4.01   Property Seven Hills Plaza 9,200 6.8%   Havana Auto Parts 4/30/2022 7,552 5.6%   Play it Again Sports 5/1/2023 7,110 5.2%   Animal Care Center of Aurora
4.02   Property Cumberland Place 6,400 19.3%   Wing Factory 2/29/2024 4,800 14.5%   Salon Lotus 9/30/2022 2,400 7.2%   My Fair Sweets
4.03   Property Westgate Plaza 5,756 8.7%   Ace Cash Express 12/31/2020 2,000 3.0%   China Buffet 4/30/2021 2,000 3.0%   Papa John's USA
4.04   Property Main Street Office 5,504 19.8%   Regions Bank 2/28/2024 4,177 15.0%   Advanced Financial Development 8/31/2022 1,991 7.2%   Summit Brokerage Services, Inc
4.05   Property Auburn Cord Plaza 11,494 9.8%   YMCA of Dekalb County 5/31/2020 6,138 5.2%   Jalapeno's Mexican Grill 3/31/2024 5,300 4.5%   Elite Martial Arts
4.06   Property Plainfield Village 4,638 11.1%   Spherion Staffing 1/31/2025 3,148 7.6%   AKIRA Japanese Steakhouse 12/31/2027 3,092 7.4%   Brain Balance Achievement Centers
4.07   Property Mayodan Shopping Center 9,768 17.5%   San Marcos Mexican Restaurant 6/30/2023 4,000 7.2%   Cato Corp #0082 1/31/2022 3,900 7.0%   Shoe Show
4.08   Property Burlington Plaza West 6,000 16.8%   Rent-A-Center 11/30/2021 5,350 15.0%   Simply Chic 1/31/2025 4,000 11.2%   Sleep Solutions
4.09   Property Shoppes at Heather Glen 1,680 10.5%   Elite Dental Partners 10/31/2020 1,680 10.5%   Jen Nails 4/30/2028 1,440 9.0%   Signature Cleaners
4.10   Property Pine Tree Plaza 5,000 18.5%   Anytime Fitness 4/30/2024 4,510 16.7%   Simply Chic 2/28/2025 3,030 11.2%   US Army Corps of Engineers
4.11   Property Ville Platte Shopping Center 5,000 19.7%   Anytime Fitness 9/30/2023 4,000 15.7%   Cricket Wireless 6/30/2023 2,000 7.9%   Pizza Hut
4.12   Property Sweden Shopping Center 4,700 24.9%   Smokers Choice 6/30/2023 2,400 12.7%   Gamestop 1/31/2022 1,600 8.5%   424 Hair Salon
4.13   Property Longview Center 3,900 15.1%   It's Fashion 1/31/2022 3,200 12.4%   Check N' Go 4/30/2020 1,600 6.2%   Domino's Pizza
4.14   Property Eastman Shopping Center 3,440 22.6%   H&R Block 4/30/2021 1,207 7.9%   Little Caesar's 1/31/2022 1,200 7.9%   Soho Nail Salon
5   Loan The Westchester 143,196 17.6%   Crate & Barrel 1/31/2021 33,500 4.1%   Urban Outfitters 1/31/2023 10,424 1.3%   Hollister Co.
6   Loan Sol y Luna NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
7   Loan University Village 31,300 5.2%   Room & Board 9/30/2022 28,401 4.8%   Bartell Drugs 1/31/2024 20,633 3.5%   Virginia Mason
8   Loan Renaissance Plano NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
9   Loan Monaco Park Apartments NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
10   Loan Portofino Cove NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11 (23) Loan U-Haul AREC 41 Portfolio NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.01   Property U-Haul Moving & Storage of Mesa NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.02   Property U-Haul Storage of Roscoe NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.03   Property U-Haul Storage of South Beloit NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.04   Property U-Haul Moving & Storage of Huber Heights NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.05   Property U-Haul Moving & Storage of Miamisburg NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.06   Property U-Haul Moving & Storage of Brentwood NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.07   Property U-Haul Storage of Crestview NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.08   Property U-Haul Storage of Beloit NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.09   Property U-Haul Storage of Fremont NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.10   Property U-Haul Storage of Rock River NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.11   Property U-Haul Storage of North Beloit NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.12   Property U-Haul Storage of Southwest Beloit NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
11.13   Property U-Haul Storage of West Beloit NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
12 (24) Loan Hammond Aire 40,000 11.4%   Marshalls 1/31/2026 25,000 7.1%   Michaels 2/29/2024 23,400 6.7%   K&G Men's Company
13 (25) Loan APX Morristown 95,062 19.5%   Lonza America Inc. 5/31/2029 81,822 16.8%   Jacobs Engineering Group Inc. 3/31/2030 44,005 9.0%   Majesco
14   Loan Lampwork Apartments NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
15   Loan B3 Lofts NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
16 (26) Loan 1399 Park Avenue NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
17   Loan Bella Grand NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
18   Loan Bakery Lofts NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
19   Loan Howard Commons 29,697 8.4%   Global Payments Check Services, Inc. 1/31/2024 19,389 5.5%   Greenwood Associates, Inc. 9/30/2026 19,293 5.4%   Luv Sports, Inc.
20   Loan West Towne Commons 23,500 13.0%   TJ Maxx 5/31/2025 22,250 12.3%   Petco 3/31/2025 12,696 7.0%   Shoe Carnival
21   Loan CEV Upstate Apartments NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
22   Loan MacArthur Village 21,000 11.5%   Party City 5/31/2026 18,000 9.9%   Piccadilly Holdings 7/31/2023 12,505 6.9%   Petco
23   Loan Tru Fayetteville NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
24   Loan Langston Landing 9,900 11.9%   Mediterranean Breeze 1/31/2029 5,075 6.1%   Pet Country MTM 2,200 2.6%   Ranstad
25   Loan 3030 Chapman Apartments NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
26   Loan Adam's Towers NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
27   Loan DDC4 Portfolio Various Various   Various Various Various Various   Various Various Various Various   Various
27.01   Property 2029 P Street NW 1,750 19.8%   Chiko 6/30/2029 1,136 12.8%   LAWG 1/31/2023 1,124 12.7%   Obelisk Inc
27.02   Property 900 6th Street NW 1,614 49.7%   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
27.03   Property 440 Massachusetts Avenue NW NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
27.04   Property 1401 R Street NW NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
28   Loan B2 Lofts NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
29   Loan 5th Street Lofts NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP
30   Loan 1080 Lofts NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP   NAP

A-1-9 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        5TH LARGEST TENANT INFORMATION(14)(15)(16)   MORTGAGE LOAN RESERVE INFORMATION              
Loan No. Footnotes Flag Deal Name 5th Largest Tenant Lease Expiration 5th Largest Tenant NRA 5th Largest Tenant % of NRA   Upfront Replacement Reserves(17) Monthly Replacement Reserves(18) Replacement Reserve Cap(19) Upfront TI/LC  Reserves(17) Monthly TI/LC Reserves(18) TI/LC Reserve Cap(19) Upfront Tax Reserves (17) Monthly Tax Reserves(18) Upfront  Insurance Reserves (17)
1   Loan KPMG Plaza at Hall Arts 17,203 SF(3/31/2026); 2,911 SF(4/15/2026) 20,114 4.4%   $0 Springing NAP $0 Springing NAP $0 Springing $0
2 (22) Loan Peachtree Office Towers 4/30/2024 24,682 4.0%   $0 $10,329 NAP $4,083,544 $69,720 NAP $512,843 $165,495 $0
3   Loan Selig Office Portfolio Various Various Various   $0 $8,390 NAP $2,000,000 $58,728 NAP $0 $97,436 $0
3.01   Property 4th & Battery 5/31/2023 17,916 8.9%                    
3.02   Property 333 Elliott NAP NAP NAP                    
3.03   Property 3rd & Battery NAP NAP NAP                    
4   Loan Arciterra Portfolio Various Various Various   $10,704 $10,704 NAP $1,000,000 $42,817 $2,000,000 $100,989 $110,923 $0
4.01   Property Seven Hills Plaza 12/31/2027 6,838 5.0%                    
4.02   Property Cumberland Place 12/31/2021 1,600 4.8%                    
4.03   Property Westgate Plaza 4/30/2025 2,000 3.0%                    
4.04   Property Main Street Office 1/31/2022 1,105 4.0%                    
4.05   Property Auburn Cord Plaza 7/31/2023 4,700 4.0%                    
4.06   Property Plainfield Village 10/31/2027 2,440 5.9%                    
4.07   Property Mayodan Shopping Center 5/31/2022 3,690 6.6%                    
4.08   Property Burlington Plaza West 12/31/2022 3,960 11.1%                    
4.09   Property Shoppes at Heather Glen 12/31/2022 1,440 9.0%                    
4.10   Property Pine Tree Plaza 1/31/2023 2,200 8.1%                    
4.11   Property Ville Platte Shopping Center 6/30/2022 2,000 7.9%                    
4.12   Property Sweden Shopping Center 12/31/2022 1,600 8.5%                    
4.13   Property Longview Center 8/31/2024 1,600 6.2%                    
4.14   Property Eastman Shopping Center 12/31/2021 1,200 7.9%                    
5   Loan The Westchester 9/30/2020 10,377 1.3%   $0 Springing $543,990 $8,006,075 Springing $2,322,930 $0 Springing $0
6   Loan Sol y Luna NAP NAP NAP   $0 $13,782 NAP $0 $0 NAP $362,500 $72,500 $156,150
7   Loan University Village 12/1/2028 19,909 3.3%   $0 Springing $298,818 $0 Springing $1,792,905 $0 Springing $0
8   Loan Renaissance Plano NAP NAP NAP   $0 Springing NAP $0 $0 NAP $0 Springing $50,000
9   Loan Monaco Park Apartments NAP NAP NAP   $0 Springing $71,000 $0 $0 NAP $0 Springing $0
10   Loan Portofino Cove NAP NAP NAP   $0 $5,625 NAP $0 $0 NAP $0 $21,556 $48,437
11 (23) Loan U-Haul AREC 41 Portfolio NAP NAP NAP   $88,563 Springing $88,563 $0 $0 NAP $239,943 Springing $0
11.01   Property U-Haul Moving & Storage of Mesa NAP NAP NAP                    
11.02   Property U-Haul Storage of Roscoe NAP NAP NAP                    
11.03   Property U-Haul Storage of South Beloit NAP NAP NAP                    
11.04   Property U-Haul Moving & Storage of Huber Heights NAP NAP NAP                    
11.05   Property U-Haul Moving & Storage of Miamisburg NAP NAP NAP                    
11.06   Property U-Haul Moving & Storage of Brentwood NAP NAP NAP                    
11.07   Property U-Haul Storage of Crestview NAP NAP NAP                    
11.08   Property U-Haul Storage of Beloit NAP NAP NAP                    
11.09   Property U-Haul Storage of Fremont NAP NAP NAP                    
11.10   Property U-Haul Storage of Rock River NAP NAP NAP                    
11.11   Property U-Haul Storage of North Beloit NAP NAP NAP                    
11.12   Property U-Haul Storage of Southwest Beloit NAP NAP NAP                    
11.13   Property U-Haul Storage of West Beloit NAP NAP NAP                    
12 (24) Loan Hammond Aire 2/28/2022 20,000 5.7%   $0 $8,159 NAP $2,000,000 Springing $2,000,000 $74,283 $24,761 $0
13 (25) Loan APX Morristown 7/31/2021 31,030 6.4%   $0 $10,140 $366,000 $0 $48,343 (10/5/2019-1/5/2021); $60,841 (2/5/2021-9/5/2029) NAP $273,520 $92,162 $53,734
14   Loan Lampwork Apartments NAP NAP NAP   $0 $1,917 NAP $0 $0 NAP $0 Springing $0
15   Loan B3 Lofts NAP NAP NAP   $0 $1,708 NAP $0 $0 NAP $0 Springing $0
16 (26) Loan 1399 Park Avenue NAP NAP NAP   $0 $368 NAP $0 $0 NAP $48,618 $9,724 $6,522
17   Loan Bella Grand NAP NAP NAP   $500,000 Springing NAP $0 $0 NAP $60,000 $15,000 $1,988
18   Loan Bakery Lofts NAP NAP NAP   $30,000 $1,188 NAP $0 $0 NAP $0 Springing $0
19   Loan Howard Commons 6/30/2022 16,619 4.7%   $0 $8,017 $140,000 $210,000 $15,642 $350,000 $381,441 $63,574 $0
20   Loan West Towne Commons 8/31/2025 11,885 6.6%   $0 $3,016 NAP $400,000 $22,620 NAP $54,872 $26,254 $23,648
21   Loan CEV Upstate Apartments NAP NAP NAP   $0 $4,459 NAP $0 $0 NAP $0 $30,330 $0
22   Loan MacArthur Village 1/31/2025 12,500 6.9%   $0 $1,191 NAP $125,000 $29,640 (12/5/2019-5/5/2020); $5,954 (6/5/2020-11/5/2029) $350,000 $139,261 $11,605 $16,879
23   Loan Tru Fayetteville NAP NAP NAP   $10,602 1/12 of 4% Total Revenue NAP $0 $0 NAP $23,252 $5,813 $12,648
24   Loan Langston Landing 6/30/2020 2,200 2.6%   $0 $1,191 $41,696 $0 Springing NAP $88,500 $15,193 $0
25   Loan 3030 Chapman Apartments NAP NAP NAP   $0 $854 NAP $0 $0 NAP $0 Springing $0
26   Loan Adam's Towers NAP NAP NAP   $1,906 $1,906 NAP $0 $0 NAP $42,779 $7,130 $0
27   Loan DDC4 Portfolio Various Various Various   $295 $295 NAP $300,000 $1,473 $400,000 $47,770 $15,923 $0
27.01   Property 2029 P Street NW 1/31/2022 1,100 12.4%                    
27.02   Property 900 6th Street NW NAP NAP NAP                    
27.03   Property 440 Massachusetts Avenue NW NAP NAP NAP                    
27.04   Property 1401 R Street NW NAP NAP NAP                    
28   Loan B2 Lofts NAP NAP NAP   $11,229 $750 NAP $0 $0 NAP $0 Springing $0
29   Loan 5th Street Lofts NAP NAP NAP   $93,896 $542 NAP $0 $0 NAP $0 Springing $0
30   Loan 1080 Lofts NAP NAP NAP   $47,660 $563 NAP $0 $0 NAP $0 Springing $0

A-1-10 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN RESERVE INFORMATION
Loan No. Footnotes Flag Deal Name Monthly  Insurance Reserves(18) Upfront Deferred Maint. Reserve (17) Upfront Debt Service Reserves(17) Monthly Debt Service Reserves(18) Upfront Environmental Reserves(17) Initial Other Reserves(17) Initial Other Reserves Description(17) Ongoing Other Reserves(18)
1   Loan KPMG Plaza at Hall Arts Springing $0 $0 $0 $0 $1,267,335 Unfunded Obligations Reserve $0
2 (22) Loan Peachtree Office Towers $11,518 $0 $0 $0 $0 $390,037 Free Rent Reserve $45,073
3   Loan Selig Office Portfolio $6,223 $0 $0 $0 $0 $8,620,949 Outstanding TI/LC Reserve ($6,410,568); Free Rent Reserve ($1,592,943); Leafly Rent Replication Reserve ($617,438) Leafly Rent Replication Reserve
3.01   Property 4th & Battery                
3.02   Property 333 Elliott                
3.03   Property 3rd & Battery                
4   Loan Arciterra Portfolio Springing $292,384 $0 $0 $0 $1,854,351 Outstanding TI/LC Reserve ($1,527,012); Free Rent Reserve ($327,339) $0
4.01   Property Seven Hills Plaza                
4.02   Property Cumberland Place                
4.03   Property Westgate Plaza                
4.04   Property Main Street Office                
4.05   Property Auburn Cord Plaza                
4.06   Property Plainfield Village                
4.07   Property Mayodan Shopping Center                
4.08   Property Burlington Plaza West                
4.09   Property Shoppes at Heather Glen                
4.10   Property Pine Tree Plaza                
4.11   Property Ville Platte Shopping Center                
4.12   Property Sweden Shopping Center                
4.13   Property Longview Center                
4.14   Property Eastman Shopping Center                
5   Loan The Westchester Springing $0 $0 $0 $0 $0 NAP NM Reserve Fund (Springing)
6   Loan Sol y Luna $17,350 $4,000 $0 $0 $0 $1,500,000 Cash Collateral Reserve $0
7   Loan University Village Springing $0 $0 $0 $0 $17,489,075 Alterations Reserve ($14,189,947); Unfunded Obligations Reserve ($3,299,128) $0
8   Loan Renaissance Plano Springing $0 $0 $0 $0 $200,000 Restaurant Reserve PIP Reserve (Springing)
9   Loan Monaco Park Apartments Springing $0 $0 $0 $0 $0 NAP $0
10   Loan Portofino Cove $12,109 $0 $0 $0 $0 $0 NAP $0
11 (23) Loan U-Haul AREC 41 Portfolio Springing $465,412 $0 $0 $11,000 $0 NAP $0
11.01   Property U-Haul Moving & Storage of Mesa                
11.02   Property U-Haul Storage of Roscoe                
11.03   Property U-Haul Storage of South Beloit                
11.04   Property U-Haul Moving & Storage of Huber Heights                
11.05   Property U-Haul Moving & Storage of Miamisburg                
11.06   Property U-Haul Moving & Storage of Brentwood                
11.07   Property U-Haul Storage of Crestview                
11.08   Property U-Haul Storage of Beloit                
11.09   Property U-Haul Storage of Fremont                
11.10   Property U-Haul Storage of Rock River                
11.11   Property U-Haul Storage of North Beloit                
11.12   Property U-Haul Storage of Southwest Beloit                
11.13   Property U-Haul Storage of West Beloit                
12 (24) Loan Hammond Aire $15,162 $40,625 $0 $0 $0 $235,162 Jimmy Jazz Reserve Lease Sweep Reserve (Springing)
13 (25) Loan APX Morristown Springing $55,386 $0 $0 $0 $2,270,343 Free Rent Reserve ($2,041,170); Outstanding TI/LC Reserve ($229,173) $92,631
14   Loan Lampwork Apartments Springing $2,621 $0 $0 $0 $0 NAP $0
15   Loan B3 Lofts Springing $0 $0 $0 $0 $0 NAP $0
16 (26) Loan 1399 Park Avenue $1,630 $0 $0 $0 $0 $0 NAP Lease Sweep Reserve (Springing); Common Charge Reserve (Springing)
17   Loan Bella Grand Springing $29,688 $0 $0 $0 $0 NAP $0
18   Loan Bakery Lofts Springing $0 $0 $0 $0 $250,000 Affordable Housing Reserve Funds $0
19   Loan Howard Commons Springing $0 $0 $0 $0 $28,800 Suite 6299 Reserve $0
20   Loan West Towne Commons $3,395 $3,750 $0 $0 $0 $0 NAP $0
21   Loan CEV Upstate Apartments $0 $48,588 $0 $0 $0 $0 NAP $0
22   Loan MacArthur Village $2,411 $200,000 $0 $0 $0 $0 NAP Springing
23   Loan Tru Fayetteville $973 $0 $0 $0 $0 $0 NAP NAP
24   Loan Langston Landing Springing $80,638 $0 $0 $63,400 $0 NAP Springing
25   Loan 3030 Chapman Apartments Springing $0 $0 $0 $0 $0 NAP $0
26   Loan Adam's Towers Springing $2,500 $0 $0 $0 $0 NAP $0
27   Loan DDC4 Portfolio Springing $2,563 $0 $0 $0 $42,995 Free Rent Reserve ($34,943); Common Charge Reserve ($8,052) Common Charge Reserve (Springing)
27.01   Property 2029 P Street NW                
27.02   Property 900 6th Street NW                
27.03   Property 440 Massachusetts Avenue NW                
27.04   Property 1401 R Street NW                
28   Loan B2 Lofts Springing $1,050 $0 $0 $0 $0 NAP $0
29   Loan 5th Street Lofts Springing $0 $0 $0 $0 $0 NAP $0
30   Loan 1080 Lofts Springing $6,815 $0 $0 $0 $0 NAP $0

A-1-11 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN RESERVE INFORMATION
Loan No. Footnotes Flag Deal Name Ongoing Other Reserves Description(18)
1   Loan KPMG Plaza at Hall Arts NAP
2 (22) Loan Peachtree Office Towers Additional Leasing Reserve in a monthly amount based on a defined schedule through December 5, 2024
3   Loan Selig Office Portfolio Leafly Rent Reserve: On each payment date, the borrower is required to deposit into the Leafly Rent Replication Reserve the monthly rental amount due under the Leafly lease.  If amounts on deposit in the Leafly Rent Replication Reserve falls below the anticipated Leafly rental amounts for the next three months, the borrower is required to deposit an amount necessary to cause the funds on deposit to equal the anticipated three months.
3.01   Property 4th & Battery  
3.02   Property 333 Elliott  
3.03   Property 3rd & Battery  
4   Loan Arciterra Portfolio NAP
4.01   Property Seven Hills Plaza  
4.02   Property Cumberland Place  
4.03   Property Westgate Plaza  
4.04   Property Main Street Office  
4.05   Property Auburn Cord Plaza  
4.06   Property Plainfield Village  
4.07   Property Mayodan Shopping Center  
4.08   Property Burlington Plaza West  
4.09   Property Shoppes at Heather Glen  
4.10   Property Pine Tree Plaza  
4.11   Property Ville Platte Shopping Center  
4.12   Property Sweden Shopping Center  
4.13   Property Longview Center  
4.14   Property Eastman Shopping Center  
5   Loan The Westchester Borrower is required to make Monthly payments (a) if a Reserve Trigger Period wherein the DSCR < 2.50x (or 2 consecutive calendar quarters based on the trailing 4 calendar quarter immediately preceding the date of such determination) does not exist and a Simon Control Event wherein a Simon Key Principal not owning at least 40.0% of the direct or indirect interests in borrower or does not control borrower, has occurred, the period commencing on the occurrence of a Major Tenant Trigger Event and ending on a Major Tenant Trigger Event Cure or (b) if a Reserve Trigger Period wherein the DSCR < 2.50x (or 2 consecutive calendar quarters based on the trailing 4 calendar quarter immediately preceding the date of such determination) exists, the period commencing on the occurrence of a Major Tenant Trigger Event and ending on the earlier to occur of (x) a Major Tenant Trigger Event Cure and (y) so long as a Simon Control Event wherein a Simon Key Principal not owning at least 40.0% of the direct or indirect interests in borrower or does not control borrower has not occurred, a Reserve Trigger Event Cure. A “Major Tenant Trigger Event” means the earlier to occur of (i) bankruptcy of Neiman Marcus, (ii) the date on which Neiman Marcus goes dark or vacates its space at the Property or (iii) the earlier of the date on which Neiman Marcus gives notice that it will not be renewing its lease or the date that is six months prior to the date of expiration of the Neiman Marcus lease.
6   Loan Sol y Luna NAP
7   Loan University Village NAP
8   Loan Renaissance Plano PIP Reserve: During a PIP Period, all excess cash flow is required to be deposited
9   Loan Monaco Park Apartments NAP
10   Loan Portofino Cove NAP
11 (23) Loan U-Haul AREC 41 Portfolio NAP
11.01   Property U-Haul Moving & Storage of Mesa  
11.02   Property U-Haul Storage of Roscoe  
11.03   Property U-Haul Storage of South Beloit  
11.04   Property U-Haul Moving & Storage of Huber Heights  
11.05   Property U-Haul Moving & Storage of Miamisburg  
11.06   Property U-Haul Moving & Storage of Brentwood  
11.07   Property U-Haul Storage of Crestview  
11.08   Property U-Haul Storage of Beloit  
11.09   Property U-Haul Storage of Fremont  
11.10   Property U-Haul Storage of Rock River  
11.11   Property U-Haul Storage of North Beloit  
11.12   Property U-Haul Storage of Southwest Beloit  
11.13   Property U-Haul Storage of West Beloit  
12 (24) Loan Hammond Aire Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited.
13 (25) Loan APX Morristown Additional Leasing Reserve in a monthly amount based on a defined schedule through September 5, 2024; Free rent reserve in a monthly amount of $73,825 through December 5 2019.
14   Loan Lampwork Apartments NAP
15   Loan B3 Lofts NAP
16 (26) Loan 1399 Park Avenue Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited. Common Charge Reserve: An amount equal to the monthly amount set forth in the annual budget for common charges
17   Loan Bella Grand NAP
18   Loan Bakery Lofts NAP
19   Loan Howard Commons NAP
20   Loan West Towne Commons NAP
21   Loan CEV Upstate Apartments NAP
22   Loan MacArthur Village Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited.
23   Loan Tru Fayetteville NAP
24   Loan Langston Landing Lease Sweep Reserve: During a lease sweep period, all excess cash flow is required to be deposited.
25   Loan 3030 Chapman Apartments NAP
26   Loan Adam's Towers NAP
27   Loan DDC4 Portfolio Common Charge Reserve: During a cash trap event period, the borrower is required to deposit an amount equal to the monthly amount set forth in the annual budget for common charges.
27.01   Property 2029 P Street NW  
27.02   Property 900 6th Street NW  
27.03   Property 440 Massachusetts Avenue NW  
27.04   Property 1401 R Street NW  
28   Loan B2 Lofts NAP
29   Loan 5th Street Lofts NAP
30   Loan 1080 Lofts NAP

A-1-12 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        MORTGAGE LOAN RESERVE INFORMATION   THIRD PARTY REPORTS        
Loan No. Footnotes Flag Deal Name Other Reserves Cap(19) Holdback(19) Holdback Amount(20) Holdback Description(20) Letter of Credit Letter of Credit Description   Appraisal Value Date Environmental Phase I Report Date(21) Phase II Performed(21) Engineering Report Date Seismic Zone (Y/N) Seismic Report Date
1   Loan KPMG Plaza at Hall Arts NAP No NAP NAP No NAP   11/25/2019 8/2/2019 No 8/13/2019 NAP NAP
2 (22) Loan Peachtree Office Towers NAP No NAP NAP No NAP   9/4/2019 9/5/2019 No 9/4/2019 NAP NAP
3   Loan Selig Office Portfolio NAP No NAP NAP No NAP   Various 6/20/2019 No 6/20/2019 3 Various
3.01   Property 4th & Battery               5/6/2019 6/20/2019 No 6/20/2019 3 6/13/2019
3.02   Property 333 Elliott               9/1/2019 6/20/2019 No 6/20/2019 3 6/11/2019
3.03   Property 3rd & Battery               5/6/2019 6/20/2019 No 6/20/2019 3 6/13/2019
4   Loan Arciterra Portfolio NAP No NAP NAP No NAP   Various Various No Various NAP NAP
4.01   Property Seven Hills Plaza               9/30/2019 2/5/2020 No 10/7/2019 NAP NAP
4.02   Property Cumberland Place               9/26/2019 10/4/2019 No 10/3/2019 NAP NAP
4.03   Property Westgate Plaza               10/2/2019 10/4/2019 No 10/4/2019 NAP NAP
4.04   Property Main Street Office               9/26/2019 10/1/2019 No 10/4/2019 NAP NAP
4.05   Property Auburn Cord Plaza               9/19/2019 10/1/2019 No 10/4/2019 NAP NAP
4.06   Property Plainfield Village               10/2/2019 10/4/2019 No 10/4/2019 NAP NAP
4.07   Property Mayodan Shopping Center               10/1/2019 10/1/2019 No 10/4/2019 NAP NAP
4.08   Property Burlington Plaza West               10/2/2019 10/3/2019 No 10/4/2019 NAP NAP
4.09   Property Shoppes at Heather Glen               10/4/2019 10/3/2019 No 10/4/2019 NAP NAP
4.10   Property Pine Tree Plaza               10/4/2019 10/3/2019 No 10/4/2019 NAP NAP
4.11   Property Ville Platte Shopping Center               9/26/2019 10/4/2019 No 10/4/2019 NAP NAP
4.12   Property Sweden Shopping Center               10/1/2019 10/3/2019 No 10/4/2019 NAP NAP
4.13   Property Longview Center               9/27/2019 10/4/2019 No 10/4/2019 NAP NAP
4.14   Property Eastman Shopping Center               9/26/2019 10/2/2019 No 10/4/2019 NAP NAP
5   Loan The Westchester $7,159,800 No NAP NAP No NAP   11/26/2019 1/6/2020 No 1/6/2020 NAP NAP
6   Loan Sol y Luna NAP No NAP NAP No NAP   9/12/2019 9/19/2019 No 9/24/2019 NAP NAP
7   Loan University Village NAP No NAP NAP No NAP   10/23/2019 11/26/2019 No 11/21/2019 3 11/21/2019
8   Loan Renaissance Plano NAP No NAP NAP No NAP   5/9/2019 5/21/2019 No 5/21/2019 NAP NAP
9   Loan Monaco Park Apartments NAP No NAP NAP No NAP   10/10/2019 9/20/2019 No 10/9/2019 NAP NAP
10   Loan Portofino Cove NAP Yes $750,000 Lender shall disburse to borrower, on a single occurrence during the loan term, subject to: (i) no event of default is continuing, (ii) the property achieving at least 95.0% occupancy No NAP   12/11/2019 12/17/2019 No 12/18/2019 NAP NAP
11 (23) Loan U-Haul AREC 41 Portfolio NAP No NAP NAP No NAP   Various Various No 1/16/2020 NAP NAP
11.01   Property U-Haul Moving & Storage of Mesa                 1/27/2020 No 1/16/2020 NAP NAP
11.02   Property U-Haul Storage of Roscoe                 1/16/2020 No 1/16/2020 NAP NAP
11.03   Property U-Haul Storage of South Beloit                 1/16/2020 No 1/16/2020 NAP NAP
11.04   Property U-Haul Moving & Storage of Huber Heights                 1/16/2020 No 1/16/2020 NAP NAP
11.05   Property U-Haul Moving & Storage of Miamisburg                 1/17/2020 No 1/16/2020 NAP NAP
11.06   Property U-Haul Moving & Storage of Brentwood                 1/17/2020 No 1/16/2020 NAP NAP
11.07   Property U-Haul Storage of Crestview                 1/16/2020 No 1/16/2020 NAP NAP
11.08   Property U-Haul Storage of Beloit                 1/16/2020 No 1/16/2020 NAP NAP
11.09   Property U-Haul Storage of Fremont                 1/17/2020 No 1/16/2020 NAP NAP
11.10   Property U-Haul Storage of Rock River                 1/16/2020 No 1/16/2020 NAP NAP
11.11   Property U-Haul Storage of North Beloit                 1/16/2020 No 1/16/2020 NAP NAP
11.12   Property U-Haul Storage of Southwest Beloit                 1/16/2020 No 1/16/2020 NAP NAP
11.13   Property U-Haul Storage of West Beloit                 1/16/2020 No 1/16/2020 NAP NAP
12 (24) Loan Hammond Aire NAP No NAP NAP No NAP   11/15/2019 12/6/2019 Yes 11/27/2019 NAP NAP
13 (25) Loan APX Morristown NAP No NAP NAP No NAP   6/28/2019 7/12/2019 No 7/11/2019 NAP NAP
14   Loan Lampwork Apartments NAP No NAP NAP No NAP   12/9/2019 1/21/2020 No 1/21/2020 4 12/13/2019
15   Loan B3 Lofts NAP No NAP NAP No NAP   12/9/2019 2/5/2020 No 1/21/2020 4 12/11/2019
16 (26) Loan 1399 Park Avenue NAP No NAP NAP No NAP   8/30/2019 9/4/2019 No 9/9/2019 NAP NAP
17   Loan Bella Grand NAP No NAP NAP No NAP   10/30/2019 11/12/2019 No 11/13/2019 NAP NAP
18   Loan Bakery Lofts NAP No NAP NAP No NAP   12/9/2019 1/23/2020 No 1/21/2020 4 12/13/2019
19   Loan Howard Commons NAP No NAP NAP No NAP   9/24/2019 10/3/2019 No 10/4/2019 NAP NAP
20   Loan West Towne Commons NAP No NAP NAP No NAP   12/6/2019 1/7/2020 No 1/28/2020 NAP NAP
21   Loan CEV Upstate Apartments NAP No NAP NAP No NAP   10/17/2019 10/29/2019 No 10/29/2019 NAP NAP
22   Loan MacArthur Village NAP No NAP NAP No NAP   8/23/2019 8/29/2019 No 8/30/2019 NAP NAP
23   Loan Tru Fayetteville NAP No NAP NAP No NAP   12/10/2019 1/21/2020 No 1/21/2020 NAP NAP
24   Loan Langston Landing NAP No NAP NAP No NAP   10/10/2019 8/9/2019 Yes 9/27/2019 3 12/3/2019
25   Loan 3030 Chapman Apartments NAP No NAP NAP No NAP   12/9/2019 12/12/2019 No 1/21/2020 4 12/12/2019
26   Loan Adam's Towers NAP No NAP NAP No NAP   11/22/2019 12/18/2019 No 12/19/2019 NAP NAP
27   Loan DDC4 Portfolio NAP No NAP NAP No NAP   8/15/2019 8/23/2019 No 8/23/2019 NAP NAP
27.01   Property 2029 P Street NW               8/15/2019 8/23/2019 No 8/23/2019 NAP NAP
27.02   Property 900 6th Street NW               8/15/2019 8/23/2019 No 8/23/2019 NAP NAP
27.03   Property 440 Massachusetts Avenue NW               8/15/2019 8/23/2019 No 8/23/2019 NAP NAP
27.04   Property 1401 R Street NW               8/15/2019 8/23/2019 No 8/23/2019 NAP NAP
28   Loan B2 Lofts NAP No NAP NAP No NAP   12/9/2019 2/5/2020 No 1/21/2020 4 12/11/2019
29   Loan 5th Street Lofts NAP No NAP NAP No NAP   12/10/2019 1/21/2020 No 1/21/2020 4 12/13/2019
30   Loan 1080 Lofts NAP No NAP NAP No NAP   12/10/2019 2/5/2020 No 1/21/2020 4 12/13/2019

A-1-13 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        THIRD PARTY REPORTS   ADDITIONAL PERMITTED DEBT   TOTAL MORTGAGE DEBT INFORMATION    
Loan No. Footnotes Flag Deal Name PML %   Additional Future Debt Permitted Additional Future Debt Permitted Description   Cut-off Date Pari Passu Mortgage Debt Balance(3) Cut-off Date Subord. Mortgage Debt Balance Total Mortgage Debt Cut-off Date LTV Ratio Total Mortgage Debt UW NCF DSCR
1   Loan KPMG Plaza at Hall Arts NAP   No NAP   $111,700,000 NAP 46.6% 2.90x
2 (22) Loan Peachtree Office Towers NAP   No NAP   NAP $6,000,000 66.1% 1.17x
3   Loan Selig Office Portfolio Various   No NAP   $135,000,000 NAP 59.0% 1.93x
3.01   Property 4th & Battery 13.0%             59.0% 1.93x
3.02   Property 333 Elliott 11.0%             59.0% 1.93x
3.03   Property 3rd & Battery 7.0%             59.0% 1.93x
4   Loan Arciterra Portfolio NAP   No NAP   NAP NAP 61.0% 1.94x
4.01   Property Seven Hills Plaza NAP             61.0% 1.94x
4.02   Property Cumberland Place NAP             61.0% 1.94x
4.03   Property Westgate Plaza NAP             61.0% 1.94x
4.04   Property Main Street Office NAP             61.0% 1.94x
4.05   Property Auburn Cord Plaza NAP             61.0% 1.94x
4.06   Property Plainfield Village NAP             61.0% 1.94x
4.07   Property Mayodan Shopping Center NAP             61.0% 1.94x
4.08   Property Burlington Plaza West NAP             61.0% 1.94x
4.09   Property Shoppes at Heather Glen NAP             61.0% 1.94x
4.10   Property Pine Tree Plaza NAP             61.0% 1.94x
4.11   Property Ville Platte Shopping Center NAP             61.0% 1.94x
4.12   Property Sweden Shopping Center NAP             61.0% 1.94x
4.13   Property Longview Center NAP             61.0% 1.94x
4.14   Property Eastman Shopping Center NAP             61.0% 1.94x
5   Loan The Westchester NAP   No NAP   $343,000,000 $57,000,000 49.4% 3.10x
6   Loan Sol y Luna NAP   No NAP   $90,000,000 $53,000,000 74.7% 1.12x
7   Loan University Village 7.0%   No NAP   $250,000,000 $130,000,000 58.5% 2.23x
8   Loan Renaissance Plano NAP   No NAP   $89,075,933 NAP 63.9% 1.77x
9   Loan Monaco Park Apartments NAP   No NAP   NAP NAP 67.0% 2.17x
10   Loan Portofino Cove NAP   No NAP   NAP $2,500,000 68.4% 1.65x
11 (23) Loan U-Haul AREC 41 Portfolio NAP   No NAP   NAP NAP 61.6% 1.82x
11.01   Property U-Haul Moving & Storage of Mesa NAP             61.6% 1.82x
11.02   Property U-Haul Storage of Roscoe NAP             61.6% 1.82x
11.03   Property U-Haul Storage of South Beloit NAP             61.6% 1.82x
11.04   Property U-Haul Moving & Storage of Huber Heights NAP             61.6% 1.82x
11.05   Property U-Haul Moving & Storage of Miamisburg NAP             61.6% 1.82x
11.06   Property U-Haul Moving & Storage of Brentwood NAP             61.6% 1.82x
11.07   Property U-Haul Storage of Crestview NAP             61.6% 1.82x
11.08   Property U-Haul Storage of Beloit NAP             61.6% 1.82x
11.09   Property U-Haul Storage of Fremont NAP             61.6% 1.82x
11.10   Property U-Haul Storage of Rock River NAP             61.6% 1.82x
11.11   Property U-Haul Storage of North Beloit NAP             61.6% 1.82x
11.12   Property U-Haul Storage of Southwest Beloit NAP             61.6% 1.82x
11.13   Property U-Haul Storage of West Beloit NAP             61.6% 1.82x
12 (24) Loan Hammond Aire NAP   No NAP   NAP $2,680,000 67.2% 1.71x
13 (25) Loan APX Morristown NAP   No NAP   $66,000,000 NAP 67.3% 1.62x
14   Loan Lampwork Apartments 14.0%   No NAP   NAP NAP 61.4% 2.31x
15   Loan B3 Lofts 9.0%   No NAP   NAP NAP 60.1% 2.24x
16 (26) Loan 1399 Park Avenue NAP   No NAP   NAP NAP 67.2% 1.97x
17   Loan Bella Grand NAP   Yes Mezzanine Debt subject to, among other things: (i) Combined DSCR >= 1.20x, (ii) Combined LTV <= 80.0%, (iii) Combined DY >= 7.24%, (iv) Intercreditor Agreement, (v) Rating Agency Confirmation   NAP $2,000,000 74.3% 1.96x
18   Loan Bakery Lofts 15.0%   No NAP   NAP NAP 63.7% 2.52x
19   Loan Howard Commons NAP   No NAP   NAP NAP 57.2% 1.77x
20   Loan West Towne Commons NAP   No NAP   NAP NAP 72.5% 2.09x
21   Loan CEV Upstate Apartments NAP   No NAP   NAP NAP 69.0% 2.08x
22   Loan MacArthur Village NAP   No NAP   NAP NAP 69.3% 1.78x
23   Loan Tru Fayetteville NAP   No NAP   NAP NAP 59.5% 2.17x
24   Loan Langston Landing 19.0%   No NAP   NAP NAP 61.6% 2.26x
25   Loan 3030 Chapman Apartments 10.0%   No NAP   NAP NAP 58.8% 2.38x
26   Loan Adam's Towers NAP   No NAP   NAP NAP 64.4% 2.06x
27   Loan DDC4 Portfolio NAP   No NAP   NAP NAP 64.8% 2.14x
27.01   Property 2029 P Street NW NAP             64.8% 2.14x
27.02   Property 900 6th Street NW NAP             64.8% 2.14x
27.03   Property 440 Massachusetts Avenue NW NAP             64.8% 2.14x
27.04   Property 1401 R Street NW NAP             64.8% 2.14x
28   Loan B2 Lofts 9.0%   No NAP   NAP NAP 60.8% 2.55x
29   Loan 5th Street Lofts 13.0%   No NAP   NAP NAP 61.2% 2.81x
30   Loan 1080 Lofts 14.0%   No NAP   NAP NAP 58.7% 2.88x

A-1-14 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
AND MORTGAGED PROPERTIES

 

        TOTAL MORTGAGE DEBT INFORMATION   TOTAL DEBT INFORMATION    
Loan No. Footnotes Flag Deal Name 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 KPMG Plaza at Hall Arts 10.5%   NAP 46.6% 2.90x 10.5%
2 (22) Loan Peachtree Office Towers 8.2%   NAP 66.1% 1.17x 8.2%
3   Loan Selig Office Portfolio 9.0%   $15,000,000 65.6% 1.54x 8.1%
3.01   Property 4th & Battery 9.0%     65.6% 1.54x 8.1%
3.02   Property 333 Elliott 9.0%     65.6% 1.54x 8.1%
3.03   Property 3rd & Battery 9.0%     65.6% 1.54x 8.1%
4   Loan Arciterra Portfolio 11.6%   $10,000,000 71.2% 1.41x 9.9%
4.01   Property Seven Hills Plaza 11.6%     71.2% 1.41x 9.9%
4.02   Property Cumberland Place 11.6%     71.2% 1.41x 9.9%
4.03   Property Westgate Plaza 11.6%     71.2% 1.41x 9.9%
4.04   Property Main Street Office 11.6%     71.2% 1.41x 9.9%
4.05   Property Auburn Cord Plaza 11.6%     71.2% 1.41x 9.9%
4.06   Property Plainfield Village 11.6%     71.2% 1.41x 9.9%
4.07   Property Mayodan Shopping Center 11.6%     71.2% 1.41x 9.9%
4.08   Property Burlington Plaza West 11.6%     71.2% 1.41x 9.9%
4.09   Property Shoppes at Heather Glen 11.6%     71.2% 1.41x 9.9%
4.10   Property Pine Tree Plaza 11.6%     71.2% 1.41x 9.9%
4.11   Property Ville Platte Shopping Center 11.6%     71.2% 1.41x 9.9%
4.12   Property Sweden Shopping Center 11.6%     71.2% 1.41x 9.9%
4.13   Property Longview Center 11.6%     71.2% 1.41x 9.9%
4.14   Property Eastman Shopping Center 11.6%     71.2% 1.41x 9.9%
5   Loan The Westchester 10.6%   NAP 49.4% 3.10x 10.6%
6   Loan Sol y Luna 6.3%   NAP 74.7% 1.12x 6.3%
7   Loan University Village 7.8%   NAP 58.5% 2.23x 7.8%
8   Loan Renaissance Plano 12.3%   $14,974,994 74.6% 1.35x 10.5%
9   Loan Monaco Park Apartments 7.6%   NAP 67.0% 2.17x 7.6%
10   Loan Portofino Cove 7.1%   NAP 68.4% 1.65x 7.1%
11 (23) Loan U-Haul AREC 41 Portfolio 10.7%   NAP 61.6% 1.82x 10.7%
11.01   Property U-Haul Moving & Storage of Mesa 10.7%     61.6% 1.82x 10.7%
11.02   Property U-Haul Storage of Roscoe 10.7%     61.6% 1.82x 10.7%
11.03   Property U-Haul Storage of South Beloit 10.7%     61.6% 1.82x 10.7%
11.04   Property U-Haul Moving & Storage of Huber Heights 10.7%     61.6% 1.82x 10.7%
11.05   Property U-Haul Moving & Storage of Miamisburg 10.7%     61.6% 1.82x 10.7%
11.06   Property U-Haul Moving & Storage of Brentwood 10.7%     61.6% 1.82x 10.7%
11.07   Property U-Haul Storage of Crestview 10.7%     61.6% 1.82x 10.7%
11.08   Property U-Haul Storage of Beloit 10.7%     61.6% 1.82x 10.7%
11.09   Property U-Haul Storage of Fremont 10.7%     61.6% 1.82x 10.7%
11.10   Property U-Haul Storage of Rock River 10.7%     61.6% 1.82x 10.7%
11.11   Property U-Haul Storage of North Beloit 10.7%     61.6% 1.82x 10.7%
11.12   Property U-Haul Storage of Southwest Beloit 10.7%     61.6% 1.82x 10.7%
11.13   Property U-Haul Storage of West Beloit 10.7%     61.6% 1.82x 10.7%
12 (24) Loan Hammond Aire 10.8%   NAP 67.2% 1.71x 10.8%
13 (25) Loan APX Morristown 11.0%   $13,000,000 80.6% 1.22x 9.2%
14   Loan Lampwork Apartments 8.2%   NAP 61.4% 2.31x 8.2%
15   Loan B3 Lofts 7.6%   NAP 60.1% 2.24x 7.6%
16 (26) Loan 1399 Park Avenue 7.3%   NAP 67.2% 1.97x 7.3%
17   Loan Bella Grand 8.0%   NAP 74.3% 1.96x 8.0%
18   Loan Bakery Lofts 8.5%   NAP 63.7% 2.52x 8.5%
19   Loan Howard Commons 12.0%   NAP 57.2% 1.77x 12.0%
20   Loan West Towne Commons 12.8%   NAP 72.5% 2.09x 12.8%
21   Loan CEV Upstate Apartments 12.0%   NAP 69.0% 2.08x 12.0%
22   Loan MacArthur Village 11.5%   NAP 69.3% 1.78x 11.5%
23   Loan Tru Fayetteville 14.6%   NAP 59.5% 2.17x 14.6%
24   Loan Langston Landing 9.2%   NAP 61.6% 2.26x 9.2%
25   Loan 3030 Chapman Apartments 8.4%   NAP 58.8% 2.38x 8.4%
26   Loan Adam's Towers 7.6%   NAP 64.4% 2.06x 7.6%
27   Loan DDC4 Portfolio 8.2%   NAP 64.8% 2.14x 8.2%
27.01   Property 2029 P Street NW 8.2%     64.8% 2.14x 8.2%
27.02   Property 900 6th Street NW 8.2%     64.8% 2.14x 8.2%
27.03   Property 440 Massachusetts Avenue NW 8.2%     64.8% 2.14x 8.2%
27.04   Property 1401 R Street NW 8.2%     64.8% 2.14x 8.2%
28   Loan B2 Lofts 8.7%   NAP 60.8% 2.55x 8.7%
29   Loan 5th Street Lofts 9.5%   NAP 61.2% 2.81x 9.5%
30   Loan 1080 Lofts 9.8%   NAP 58.7% 2.88x 9.8%

A-1-15 

 

 

  CSAIL 2020-C19
   
  FOOTNOTES TO ANNEX A-1
   
(1) "Column" denotes Column Financial, Inc. and "3650 REIT" denotes 3650 REIT Loan Funding 1 LLC.
   
(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 Balance reflect the allocated loan amount related to such mortgaged property.
   
(3) Each of Loan Nos. 1, 2, 3, 5, 6, 7, 8, 10, 12, 13 and 17 is part of a whole loan related to the issuing entity. For further information, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—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. 5, The Westchester - The collateral for the Mortgage Loan includes a leasehold interest in an air rights parcel for a portion of the property.
   
(5) 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. 5, The Westchester - NRA and PSF reflect tenant improvements, which are owned by Nordstrom (206,197 SF), which ground leases the related parcel from the borrower.
   
  Loan No. 22, MacArthur Village - The largest tenant, Kroger, has a ground lease.
   
(6) Loan No. 1, KPMG Plaza at Hall Arts, the KPMG LLP tenant has agreed to expand by 13,750 SF into suite 760.  The lease commenced on November 1, 2019 and KPMG LLP has a free rent period up to June 1, 2020. At closing, $1.3MM was deposited into an Unfunded Obligations Account for outstanding TI/LC and free rent related to KPMG LLP and as such, $665,775 in incremental rental income was underwritten, however KPMG LLP has not yet taken occupancy of the expansion space.
   
(7) 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. 3, Selig Office Portfolio - The Appraised Value for the 333 Elliott Mortgaged Property reflects the “as-stabilized” value of the Mortgaged Property which assumes the Leafly tenant takes occupancy by September 2019. The Mortgaged Property achieved stabilization in August 2019 with the start of the Leafly lease and is 100% leased.
   
  Loan No. 11, U-Haul AREC 41 Portfolio - The appraised value reflects the combined “as-is” appraised values of nine mortgaged properties as of January 14, 2020, the “as-is” appraised value of one mortgaged property as of January 16, 2020 and the “as-is” appraised value of three mortgaged properties as of January 21, 2020.  The portfolio also has an appraised bulk value of $56,420,000, which equates to a Cut-off Date LTV Ratio of 56.7% and a Maturity Date/ARD LTV Ratio of 39.4%.
   
(8) For each mortgage loan, the Admin Fee Rate % is equal to the excess of the related Interest Rate % over the sum of 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.
   
(9) The classification of the lockbox types is described in the prospectus. See “Description of the Mortgage Pool—Mortgaged Property Accounts—Lockbox Accounts” for further details.
   
(10) For each partial interest-only mortgage loan, the UW NOI DSCR and UW NCF DSCR were calculated based on the first principal and interest payment during the term of the mortgage loan once amortization has commenced.
   
(11) 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.

 

A-1-16 

 

 

  The "YM1" component of the prepayment provision represents greater of 1.0% of principal balance or yield maintenance payments.
   
  The "O" component of the prepayment provision represents the free payments including the Maturity Date
   
(12) With respect to Loan Nos. 3, 4, 5, 7 and 27 the related mortgage 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.
   
(13) With respect to Loan Nos. 9, 10, 11, 16, 23 and 25, 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.
   
(14) With regards to the footnotes hereto, footnotes are only provided with respect to tenants that are among the five largest tenants by square footage for any mortgaged property.
   
(15) 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.
   
(16) 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 preliminary prospectus for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans.
   
(17) 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.
   
(18) Represents the upfront and monthly amounts required to be deposited by the borrower. The monthly required 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.
   
(19) 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.
   
(20) Loan No. 10, Portofino Cove - The borrower deposited $750,000 into a holdback reserve at origination as additional security for the Mortgage Loan. Pursuant to the Mortgage Loan documents, provided that no event of default is continuing, the lender, in its sole discretion, will disburse the amounts in such reserve within 20 days of receipt of a written request from the borrower certifying, among other things, that: (i) the Mortgaged Property has achieved at least 95.0% occupancy; (ii) all leases are valid and enforceable and in full force and effect; (iii) except as described in the Mortgage Loan documents, all leases are arms-length agreements with bona fide, independent third parties; (iv) the leased premises have been completed and each related tenant has taken possession and is paying full rent in accordance with the related lease agreement; and (v) there has been no change to the rents as set forth in Mortgage Loan documents that would have a material adverse effect on the Mortgaged Property. Pursuant to the Mortgage Loan documents, if any amounts are remaining in such reserve on January 5, 2030, the lender will apply such amounts to a partial prepayment of the Mortgage Loan in accordance with the Mortgage Loan documents.

 

A-1-17 

 

 

(21) With respect to Loan Nos. 1, 7, 9, 15 and 30, the related borrower obtained environmental insurance for the related mortgaged property in lieu of recourse carve out liability for a breach of environmental covenants or the guarantor delivering an environmental indemnity.
   
(22) Loan No. 2, Peachtree Office Towers – The whole loan is interest only for the first five years then amortizes over a non-standard amortization schedule as set forth on Annex F to the prospectus and accrues interest based on a defined schedule pursuant to the respective loan documents. Unless otherwise indicated, references herein to the mortgage rate reflect the initial interest rate of 3.8172727%.  The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing January 5, 2025.
   
(23) Loan No. 11, U-Haul AREC 41 Portfolio – The mortgage loan had an initial term of 120 months and requires payments of principal and interest based on a 25-year amortization schedule through March 5, 2030. The anticipated repayment date is March 5, 2030 and the final maturity date is March 5, 2035. In the event the mortgage loan is not repaid in full before the anticipated repayment date, the interest rate will accrue interest at a rate equal to 3.0000% plus the greater of (i) 3.1100% and (ii) the 10-year treasury swap rate as of the business day immediately preceding the anticipated repayment date plus 3.0000%, provided that in no event the revised rate will exceed 8.1100% (post-ARD additional interest rate). As of the anticipated repayment date, the mortgage loan will have a remaining term of 60 months. In addition, if the loan is not repaid following the anticipated repayment date, the borrowers are required to make monthly debt service payments in the amount required prior to the anticipated repayment date and deposit with the lender all excess cash flow to be applied: (i) first, to interest in an amount equal to the interest that would have accrued on the outstanding principal balance of the loan (without adjustment for accrued interest) at 3.1100%; (ii) second, to the reduction of the principal balance of the loan until the entire outstanding principal balance of the loan is paid in full; and (iii) third, to the payment of accrued interest on the loan until all accrued interest on the loan is paid in full.
   
(24) Loan No. 12, Hammond Aire - The whole loan is interest only for the first 40 payments then amortizes over a non-standard amortization schedule as set forth on Annex G to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing August 5, 2025.
   
(25) Loan No. 13, APX Morristown - The whole loan is interest only for the first five years then amortizes over a non-standard amortization schedule as set forth on Annex H to the prospectus. The UW NOI DSCR (P&I), UW NCF DSCR (P&I), Total Mortgage Debt UW NOI DSCR, Total Mortgage Debt UW NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the twelve debt service payments commencing October 5, 2024.
   
(26) Loan No. 16, 1399 Park Avenue – The mortgage loan had an initial term of 124 months and requires interest-only payments through February 5, 2030. The anticipated repayment date is February 5, 2030 and the final maturity date is February 5, 2032. In the event the mortgage loan is not repaid in full before the anticipated repayment date, the interest rate will be accrue at a rate equal to the greater of (i) 6.6500%, (ii) the treasury rate plus 3.0000% or (iii) when applicable pursuant to the loan agreement, the default rate (post-ARD additional interest rate). As of the anticipated repayment date, the mortgage loan will have a remaining term of 24 months. Each monthly debt service payment amount paid after the anticipated repayment date will be applied to the payment of interest based on the initial interest rate of 3.6500%, with any remainder applied to reduce the outstanding principal balance of the loan. From and after the anticipated repayment date, any and all interest accrued at the post-ARD additional interest rate and not paid pursuant to the preceding sentence will be deferred and will be paid on the maturity date to the extent not sooner paid pursuant to the loan agreement. 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.

 

A-1-18