FWP 1 n3167-x4anxa1.htm FREE WRITING PROSPECTUS
    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-255934-02
     

BMO 2022-C2 Disclaimer

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-255934) 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 Web site at www.sec.gov. Alternatively, the depositor or BMO Capital Markets Corp., any other underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-864-7760 (8 a.m. – 5 p.m. EST).

 

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

 

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance.  None of BMO Capital Markets Corp., KeyBanc Capital Markets Inc., Deutsche Bank Securities, Inc., Bancroft Capital LLC, Drexel Hamilton, LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

 

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

 

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.

 

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

 

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, 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 system.

 

  
  

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address
                1 25    
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 9.9%   BMO, SMC, CREFI BMO, SMC, CREFI NAP NAP Various
1.01 Property   1 Yorkshire Towers 8.5% 86.1%         305 East 86th Street
1.02 Property   1 Lexington Towers 1.4% 13.9%         160 East 88th Street
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 9.2% 100.0% DBRI GACC NAP NAP 2525 16th Street
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 7.8%   KeyBank KeyBank Group A NAP Various
3.01 Property   1 Walgreens - Las Vegas 3.1% 39.7%         2427 South Las Vegas Boulevard
3.02 Property   1 Waystar Building 1.8% 22.6%         888 West Market Street
3.03 Property   1 Fresenius Kidney Care 0.5% 6.9%         14001 Osborne Street
3.04 Property   1 Tower Health 0.4% 5.6%         2200 Conrad Weiser Parkway
3.05 Property   1 New Orleans MOB 0.4% 5.5%         7030 Canal Boulevard
3.06 Property   1 Penn State Health 0.4% 5.3%         4301 North 5th Street Highway
3.07 Property   1 Carmichael MOB 0.4% 4.9%         1610 Maxwell Drive
3.08 Property   1 Port Arthur Dialysis 0.3% 3.5%         3730 Dryden Road and 3723 Gulfway Drive
3.09 Property   1 Auburn Medical 0.3% 3.5%         45 Dartmouth Drive
3.10 Property   1 Berkley Eye Institute, PA 0.2% 2.5%         18545 West Lake Houston Parkway
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 7.1% 100.0% UBS AG UBS AG NAP NAP 3075 Olcott Street
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 5.6% 100.0% DBRI GACC NAP NAP 1933 South Broadway
6 Loan 4, 5, 16, 19 1 360 Rosemary 4.5% 100.0% BMO BMO NAP NAP 360 South Rosemary Avenue
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 4.2% 100.0% CREFI, BMO, BCREI CREFI, BMO NAP NAP 101 Crawfords Corner Road
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 3.2% 100.0% CREFI, WFBNA, JPMCB CREFI NAP NAP 79 Fifth Avenue
9 Loan 12, 19, 27, 34 1 111 River Street 3.1% 100.0% BMO BMO NAP NAP 111 River Street
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 3.1%   UBS AG UBS AG NAP NAP Various
10.01 Property   1 West Mifflin, PA 1.1% 35.1%         1200 Lebanon Road
10.02 Property   1 Church Hill, TN 0.8% 26.3%         121 Kingsport Press Lane
10.03 Property   1 Mossville, IL 0.6% 18.0%         2314 East Wilkens Drive
10.04 Property   1 Eldon, MO 0.5% 15.1%         1401 East North Street
10.05 Property   1 Kingsport, TN 0.2% 5.5%         2497 Sherwood Road
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 3.0% 100.0% KeyBank KeyBank Group A NAP 3035 West Fleet Street and 3705 North Northview Avenue
12 Loan 12, 23 1 PentaCentre Office 2.9% 100.0% CREFI CREFI NAP NAP 300, 320 and 340 East Big Beaver Road
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 2.8%   BMO BMO NAP NAP Various
13.01 Property   1 LaFollette, TN 0.4% 13.8%         146 Canyon Lane
13.02 Property   1 Griffin, GA 0.3% 12.0%         999 North Hill Street
13.03 Property   1 Monteagle, TN 0.3% 11.5%         505 Foresite Avenue
13.04 Property   1 Bessemer, AL 0.3% 9.2%         131 McCalla Road
13.05 Property   1 Valley, AL 0.3% 9.1%         210 WF Burns Drive, 299 WF Burns Drive and South 15th Street
13.06 Property   1 Boyle, MS 0.2% 8.7%         470 Highway 61 South
13.07 Property   1 Elizabethton, TN 0.2% 7.1%         1151 Old Bristol Highway
13.08 Property   1 Panama City, FL 0.1% 5.4%         3101 and 3119 Highway 98 East
13.09 Property   1 Phenix City, AL 0.1% 4.7%         3205 Martin Luther King Jr. Parkway South
13.10 Property   1 Thomson, GA 0.1% 4.6%         118 Black Street, 212 East Hill Street and 304 Bussey Avenue
13.11 Property   1 Cleveland, GA 0.1% 4.4%         36 Cannon Road
13.12 Property   1 Birmingham, AL 0.1% 4.0%         5300 Cahaba Valley Road
13.13 Property   1 Okoboji, IA 0.1% 2.9%         1906 Highway 71 North
13.14 Property   1 Harpersville, AL 0.1% 2.7%         38188 AL-25
14 Loan 4 1 Wards Crossing West 2.8% 100.0% KeyBank KeyBank NAP NAP 120, 225 and 475 Simons Run
15 Loan 16 1 Cheshire Station 2.5% 100.0% KeyBank KeyBank NAP NAP 4215 Cheshire Station Plaza
16 Loan 16, 19, 28 1 Kewaunee Scientific 2.4% 100.0% BMO BMO NAP NAP 2700 West Front Street
17 Loan 24, 28 1 2 Riverfront Plaza 2.1% 100.0% BMO BMO NAP NAP 826-836 McCarter Highway
18 Loan 2, 16 1 1901 10th Avenue 1.8% 100.0% SMC SMC NAP NAP 1901 10th Avenue
19 Loan 19 1 Waikele Self-Storage Park 1.8% 100.0% CREFI CREFI NAP NAP 94-990 Pakela Street
20 Loan 26 1 Corporate Center Building G 1.7% 100.0% KeyBank KeyBank Group C NAP 8850 West Sunset Road
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 1.6% 100.0% KeyBank KeyBank Group B NAP 16980 West Indian School Road
22 Loan   1 Dollar Self Storage #5 - Mesa 1.6% 100.0% KeyBank KeyBank Group B NAP 2732 East McKellips Road
23 Loan 19, 23 1 Rego Park II 1.6% 100.0% KeyBank KeyBank NAP NAP 95-38, 95-40 to 95-44, 96-42 to 96-70 & 95-56 to 95-60 Queens Boulevard, 63-73 to 63-79 Saunders Street, 94-14 to 94-24 and 95-11 to 95-19 63rd Drive
24 Loan 6, 16, 19, 23 3 Longwood Industrial 1.4%   KeyBank KeyBank Group D NAP Various
24.01 Property   1 Bennett Commerce Center 0.7% 48.3%         1335 Bennett Drive
24.02 Property   1 Midway Commerce Center 0.4% 30.7%         5401 South Bryant Avenue 
24.03 Property   1 Big Tree Center 0.3% 21.0%         2290 North Ronald Reagan Boulevard
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 1.3%   UBS AG UBS AG NAP NAP Various
25.01 Property   1 Travelodge - 2307 Wyoming Avenue 0.1% 7.5%         2307 Wyoming Avenue
25.02 Property   1 Travelodge - 2111 Camino Del Llano 0.1% 6.1%         2111 Camino Del Llano
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way 0.1% 5.8%         1170 West Flaming Gorge Way
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive 0.1% 5.2%         1731 South Sunridge Drive
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive 0.1% 4.0%         451 Halligan Drive
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60 0.0% 3.7%         1608 West Business Highway 60
25.07 Property   1 Travelodge - 1127 Pony Express Highway 0.0% 3.7%         1127 Pony Express Highway
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street 0.0% 3.5%         1130B East 16th Street
25.09 Property   1 Travelodge - 2680 Airport Road 0.0% 3.4%         2680 Airport Road
25.10 Property   1 Super 8 - 720 Royal Parkway 0.0% 3.2%         720 Royal Parkway
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street 0.0% 3.2%         1051 North Market Street
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway 0.0% 3.0%         2700 North Diers Parkway
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road 0.0% 2.9%         95 Spruce Road
25.14 Property   1 Super 8 - 2545 Cornhusker Highway 0.0% 2.8%         2545 Cornhusker Highway
25.15 Property   1 Travelodge - 1110 Southeast 4th Street 0.0% 2.8%         1110 Southeast 4th Street
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court 0.0% 2.5%         2300 Valley West Court
25.17 Property   1 Travelodge - 800 West Laramie Street 0.0% 2.5%         800 West Laramie Street
25.18 Property   1 Travelodge - 22 North Frontage Road 0.0% 2.5%         22 North Frontage Road
25.19 Property   1 Travelodge - 123 Westvaco Road 0.0% 2.3%         123 Westvaco Road
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue 0.0% 2.3%         2006 North Merrill Avenue
25.21 Property   1 Travelodge - 1710 Jefferson Street 0.0% 2.1%         1710 Jefferson Street
25.22 Property   1 Travelodge - 1625 Stillwater Avenue 0.0% 2.1%         1625 Stillwater Avenue
25.23 Property   1 Travelodge - 8233 Airline Highway 0.0% 2.0%         8233 Airline Highway
25.24 Property   1 Baymont Inn & Suites - 6390 US-93 0.0% 1.9%         6390 US-93
25.25 Property   1 Travelodge - 707 East Webster Street 0.0% 1.8%         707 East Webster Street
25.26 Property   1 Travelodge - 777 West Hwy 21 0.0% 1.7%         777 West Highway 21
25.27 Property   1 Travelodge - 3522 North Highway 59 0.0% 1.6%         3522 North Highway 59
25.28 Property   1 Travelodge - 108 6th Avenue 0.0% 1.5%         108 6th Avenue

 

 

 

A-1-1

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address
                1 25    
25.29 Property   1 Travelodge - 2200 East South Avenue 0.0% 1.5%         2200 East South Avenue
25.30 Property   1 Travelodge - 128 South Willow Road 0.0% 1.2%         128 South Willow Road
25.31 Property   1 Travelodge - 1005 Highway 285 0.0% 1.2%         1005 Highway 285
25.32 Property   1 Days Inn - 3431 14th Avenue South 0.0% 1.1%         3431 14th Avenue
25.33 Property   1 Travelodge - 2505 US 69 0.0% 0.9%         2505 US 69
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road 0.0% 0.9%         3475 Union Road
25.35 Property   1 Travelodge - 1706 North Park Drive 0.0% 0.8%         1706 North Park Drive
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street 0.0% 0.8%         2005 Daley Street
25.37 Property   1 Travelodge - 1177 East 16th Street 0.0% 0.7%         1177 East 16th Street
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road 0.0% 0.7%         35450 Yermo Road
25.39 Property   1 Travelodge - 2407 East Holland Avenue 0.0% 0.6%         2407 East Holland Avenue
25.40 Property   1 Travelodge - 620 Souder Road 0.0% 0.6%         620 Souder Road
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast 0.0% 0.4%         100 15th Street Southeast
25.42 Property   1 Travelodge - 109 East Commerce Street 0.0% 0.3%         109 East Commerce Street
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue 0.0% 0.3%         4000 Siskiyou Avenue
25.44 Property   1 Travelodge - 98 Moffat Avenue 0.0% 0.2%         98 Moffat Avenue
26 Loan   1 Dollar Self Storage #6 - Apache Junction  1.3% 100.0% KeyBank KeyBank Group B NAP 1441 East Old West Highway
27 Loan 2, 6, 19 3 NTG Industrial Portfolio 1.3%   BMO BMO NAP NAP Various
27.01 Property   1 897 12th Street 0.8% 67.8%         897 12th Street
27.02 Property   1 392 White Horse Pike 0.2% 20.0%         392 North White Horse Pike
27.03 Property   1 6727 Delilah Road 0.2% 12.2%         6727 Delilah Road
28 Loan   1 Hayward Storage 1.1% 100.0% BMO BMO NAP NAP 77 Traynor Street
29 Loan 16, 17, 20, 28 1 Waygate Technologies 1.0% 100.0% UBS AG UBS AG NAP NAP 721 Visions Drive
30 Loan 16 1 Westcliff Plaza 1.0% 100.0% KeyBank KeyBank Group C NAP 401 North Buffalo Drive
31 Loan   1 The Shoppes at Seven Oaks 0.8% 100.0% BMO BMO NAP NAP 13645 Big Bend Road
32 Loan 16 1 Cooper Commerce Center 0.8% 100.0% KeyBank KeyBank Group D NAP 2003-2033 West McNab Road
33 Loan 34 1 Mini U Storage - Woodbridge 0.8% 100.0% KeyBank KeyBank NAP NAP 13901 Smoketown Road
34 Loan   1 Marina Village 0.7% 100.0% KeyBank KeyBank Group E NAP 229 NAS Drive
35 Loan 7 1 Lakeview Storage 0.6% 100.0% CREFI CREFI NAP NAP 7150 Knoxville Road
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 0.6% 100.0% UBS AG UBS AG NAP NAP 850 25th Street Northwest
37 Loan 12, 16 1 Beverly Industrial Park 0.6% 100.0% KeyBank KeyBank NAP NAP 54 West Dane Street and 116 - 118 Park Street
38 Loan   1 Storage Crib 0.4% 100.0% KeyBank KeyBank Group E NAP 2145 & 2146 Troy Avenue and 3509 South State Road 3

 

 

 

A-1-2

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name City County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate %
                  2 2     3     6, 7 6, 7 6, 7   8
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers New York New York NY Various Multifamily High Rise Various Various 808 Units 393,564.36 70,000,000 70,000,000 70,000,000 3.04000% 0.01632%
1.01 Property   1 Yorkshire Towers New York New York NY 10028 Multifamily High Rise 1964 2014, 2022 681 Units   60,241,090 60,241,090 60,241,090    
1.02 Property   1 Lexington Towers New York New York NY 10128 Multifamily High Rise 1963 2014 127 Units   9,758,910 9,758,910 9,758,910    
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building San Francisco San Francisco CA 94103 Mixed Use Industrial/Office 1924 2021 172,328 SF 580.29 65,000,000 65,000,000 65,000,000 5.19750% 0.01632%
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio Various Various Various Various Various Various Various Various 283,488 SF 282.20 55,000,000 55,000,000 55,000,000 5.06000% 0.02507%
3.01 Property   1 Walgreens - Las Vegas Las Vegas Clark NV 89104 Retail Single Tenant 2015 NAP 18,100 SF   21,818,500 21,818,500 21,818,500    
3.02 Property   1 Waystar Building Louisville Jefferson KY 40202 Office CBD 2009 2014 128,710 SF   12,443,750 12,443,750 12,443,750    
3.03 Property   1 Fresenius Kidney Care Arleta Los Angeles CA 91331 Office Medical  1965 2019 10,075 SF   3,811,500 3,811,500 3,811,500    
3.04 Property   1 Tower Health Womelsdorf Berks PA 19567 Office Medical 2021 NAP 11,000 SF   3,093,750 3,093,750 3,093,750    
3.05 Property   1 New Orleans MOB New Orleans Orleans Parish LA 70124 Office Medical  1990 2012 21,619 SF   3,020,188 3,020,188 3,020,188    
3.06 Property   1 Penn State Health Temple Berks PA 19560 Office Medical 1955 2020 14,200 SF   2,887,500 2,887,500 2,887,500    
3.07 Property   1 Carmichael MOB Hudson Saint Croix WI 54016 Office Medical  2004 NAP 26,517 SF   2,679,875 2,679,875 2,679,875    
3.08 Property   1 Port Arthur Dialysis Port Arthur Jefferson TX 77642 Office Medical 1978 NAP 38,466 SF   1,931,188 1,931,188 1,931,188    
3.09 Property   1 Auburn Medical Auburn Rockingham NH 03032 Office Medical 2017 NAP 7,704 SF   1,914,000 1,914,000 1,914,000    
3.10 Property   1 Berkley Eye Institute, PA Humble Harris TX 77346 Office Medical 2019 NAP 7,097 SF   1,399,750 1,399,750 1,399,750    
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott Santa Clara Santa Clara CA 95054 Office Suburban 2022 NAP 246,606 SF 575.82 50,000,000 50,000,000 50,000,000 5.10000% 0.01632%
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef Los Angeles Los Angeles CA 90007 Mixed Use Office/Retail 1958 2019 806,960 SF 185.88 40,000,000 40,000,000 40,000,000 5.42500% 0.01632%
6 Loan 4, 5, 16, 19 1 360 Rosemary West Palm Beach Palm Beach FL 33401 Office CBD 2021 NAP 313,002 SF 271.56 32,000,000 32,000,000 32,000,000 3.95000% 0.01632%
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works Holmdel Monmouth NJ 07733 Office Suburban 1962, 1964, 1982 2017 1,371,470 SF 153.12 30,000,000 30,000,000 30,000,000 5.11000% 0.01632%
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue New York New York NY 10003 Office CBD 1906 2016 345,751 SF 694.14 23,000,000 23,000,000 23,000,000 4.92000% 0.01632%
9 Loan 12, 19, 27, 34 1 111 River Street Hoboken Hudson NJ 07030 Office CBD 2002 NAP 557,719 SF 138.96 22,000,000 22,000,000 22,000,000 3.28000% 0.01632%
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII Various Various Various Various Industrial Various Various Various 2,329,016 SF 24.47 22,000,000 22,000,000 20,500,131 5.70000% 0.01632%
10.01 Property   1 West Mifflin, PA West Mifflin Allegheny PA 15122 Industrial Warehouse / Distribution 1949 1994 625,000 SF   7,719,298 7,719,298 7,193,028    
10.02 Property   1 Church Hill, TN Church Hill Hawkins TN 37642 Industrial Warehouse / Distribution 1966 2021 818,685 SF   5,789,474 5,789,474 5,394,771    
10.03 Property   1 Mossville, IL Mossville Peoria IL 61523 Industrial Warehouse / Distribution 1995 NAP 478,400 SF   3,965,789 3,965,789 3,695,418    
10.04 Property   1 Eldon, MO Eldon Miller MO 65026 Industrial Manufacturing 1975 2019 276,180 SF   3,311,579 3,311,579 3,085,809    
10.05 Property   1 Kingsport, TN Kingsport Hawkins TN 37664 Industrial Warehouse / Distribution 1960 2021 130,751 SF   1,213,860 1,213,860 1,131,104    
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls Sioux Falls Minnehaha SD 57107 Retail Single Tenant 2019 NAP 189,905 SF 113.21 21,500,000 21,500,000 21,500,000 5.13000% 0.02507%
12 Loan 12, 23 1 PentaCentre Office Troy Oakland MI 48083 Office Suburban 1986 2019 734,156 SF 46.67 20,300,000 20,277,018 16,864,579 5.32000% 0.01632%
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio Various Various Various Various Self Storage Self Storage Various Various 380,273 SF 51.54 19,600,000 19,600,000 19,600,000 5.07000% 0.01632%
13.01 Property   1 LaFollette, TN LaFollette Campbell TN 37766 Self Storage Self Storage 1983-1994 2020 32,636 SF   2,700,000 2,700,000 2,700,000    
13.02 Property   1 Griffin, GA Griffin Spalding GA 30223 Self Storage Self Storage 2008, 2020 NAP 37,440 SF   2,350,000 2,350,000 2,350,000    
13.03 Property   1 Monteagle, TN Monteagle Grundy TN 37356 Self Storage Self Storage 1980 2019 42,779 SF   2,255,578 2,255,578 2,255,578    
13.04 Property   1 Bessemer, AL Bessemer Jefferson AL 35022 Self Storage Self Storage 1996 2010 26,850 SF   1,800,000 1,800,000 1,800,000    
13.05 Property   1 Valley, AL Valley and Lanett Chambers AL 36854, 36863 Self Storage Self Storage 1980, 2004, 2008 NAP 35,550 SF   1,790,800 1,790,800 1,790,800    
13.06 Property   1 Boyle, MS Boyle Bolivar MS 38730 Self Storage Self Storage 2001 2020 36,087 SF   1,700,000 1,700,000 1,700,000    
13.07 Property   1 Elizabethton, TN Elizabethton Carter TN 37643 Self Storage Self Storage 2006 2020 25,907 SF   1,394,671 1,394,671 1,394,671    
13.08 Property   1 Panama City, FL Panama City Bay FL 32401 Self Storage Self Storage 1960, 2020 NAP 22,809 SF   1,050,000 1,050,000 1,050,000    
13.09 Property   1 Phenix City, AL Phenix City Russell AL 36869 Self Storage Self Storage 2006 NAP 24,699 SF   918,500 918,500 918,500    
13.10 Property   1 Thomson, GA Thomson McDuffie GA 30824 Self Storage Self Storage 1999, 2001, 2018, 2019 NAP 23,287 SF   908,000 908,000 908,000    
13.11 Property   1 Cleveland, GA Cleveland White GA 30528 Self Storage Self Storage 1996, 1997, 1998, 2021 NAP 24,179 SF   861,001 861,001 861,001    
13.12 Property   1 Birmingham, AL Birmingham Shelby AL 35242 Self Storage Self Storage 1948, 1984 NAP 12,950 SF   786,296 786,296 786,296    
13.13 Property   1 Okoboji, IA Okoboji Dickinson IA 51355 Self Storage Self Storage 1996-2001 NAP 26,200 SF   562,870 562,870 562,870    
13.14 Property   1 Harpersville, AL Harpersville Shelby AL 35078 Self Storage Self Storage 1999 NAP 8,900 SF   522,284 522,284 522,284    
14 Loan 4 1 Wards Crossing West Lynchburg Campbell VA 24502 Retail Anchored 2006 NAP 203,499 SF 95.82 19,500,000 19,500,000 17,957,161 4.89000% 0.02507%
15 Loan 16 1 Cheshire Station Dale City Prince William VA 22193 Retail Anchored  2002 NAP 105,054 SF 167.87 17,635,000 17,635,000 17,635,000 4.97000% 0.02507%
16 Loan 16, 19, 28 1 Kewaunee Scientific Statesville Iredell NC 28677 Industrial Flex 1955-2010 2019 416,299 SF 40.00 16,650,000 16,650,000 16,650,000 4.95000% 0.01632%
17 Loan 24, 28 1 2 Riverfront Plaza Newark Essex NJ 07102 Office CBD 2014 NAP 337,543 SF 325.88 15,000,000 15,000,000 15,000,000 4.26000% 0.01632%
18 Loan 2, 16 1 1901 10th Avenue Brooklyn Kings NY 11215 Multifamily Mid Rise 2020 NAP 27 Units 481,481.48 13,000,000 13,000,000 13,000,000 5.29500% 0.01632%
19 Loan 19 1 Waikele Self-Storage Park Waipahu Honolulu HI 96797 Self Storage Self Storage 1942 NAP 385,792 SF 32.40 12,500,000 12,500,000 12,500,000 6.48000% 0.01632%
20 Loan 26 1 Corporate Center Building G Las Vegas Clark NV 89148 Office Suburban 2015 NAP 47,500 SF 247.84 11,785,000 11,772,460 9,891,634 5.65000% 0.02507%
21 Loan 16 1 Dollar Self Storage #21 - Goodyear Goodyear Maricopa AZ 85395 Self Storage Self Storage 2020 NAP 132,203 SF 86.89 11,500,000 11,486,511 9,495,987 5.13000% 0.02507%
22 Loan   1 Dollar Self Storage #5 - Mesa Mesa Maricopa AZ 85213 Self Storage Self Storage 2002, 2010 NAP 98,755 SF 116.31 11,500,000 11,486,028 9,437,370 4.94000% 0.02507%
23 Loan 19, 23 1 Rego Park II Rego Park Queens NY 11374 Retail Unanchored 1940, 1941, 1950, 1956, 1962 NAP 57,248 SF 192.15 11,000,000 11,000,000 9,392,662 4.49000% 0.02507%
24 Loan 6, 16, 19, 23 3 Longwood Industrial Various Seminole FL Various Industrial Various Various NAP 127,902 SF 79.12 10,120,000 10,120,000 10,120,000 4.90000% 0.02507%
24.01 Property   1 Bennett Commerce Center Longwood Seminole FL 32750 Industrial Warehouse / Distribution 1985 NAP 55,000 SF   4,887,500 4,887,500 4,887,500    
24.02 Property   1 Midway Commerce Center Sanford Seminole FL 32773 Industrial Warehouse / Distribution 1986 NAP 52,000 SF   3,105,000 3,105,000 3,105,000    
24.03 Property   1 Big Tree Center Longwood Seminole FL 32750 Industrial Flex 1984 NAP 20,902 SF   2,127,500 2,127,500 2,127,500    
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio Various Various Various Various Hospitality Limited Service Various Various 3,729 Rooms 36,328.22 10,000,000 9,342,616 6,921,981 4.85000% 0.01632%
25.01 Property   1 Travelodge - 2307 Wyoming Avenue Gillette Campbell WY 82718 Hospitality Limited Service 2001, 2007 2016-2017 154 Rooms   753,365 703,840 521,478    
25.02 Property   1 Travelodge - 2111 Camino Del Llano Belen Valencia NM 87002 Hospitality Limited Service 1994, 2007 NAP 158 Rooms   611,952 571,723 423,592    
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way Green River Sweetwater WY 82935 Hospitality Limited Service 1997 2016-2017 192 Rooms   584,290 545,880 404,444    
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive Yuma Yuma AZ 85365 Hospitality Limited Service 1999 2016 119 Rooms   524,562 490,078 363,101    
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive North Platte Lincoln NE 69101 Hospitality Limited Service 2005 2016-2017 135 Rooms   398,999 372,770 276,187    
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60 Dexter Stoddard MO 63841 Hospitality Limited Service 1997, 2006, 2015 NAP 133 Rooms   372,573 348,080 257,894    
25.07 Property   1 Travelodge - 1127 Pony Express Highway Marysville Marshall KS 66508 Hospitality Limited Service 1999, 2007 NAP 139 Rooms   370,288 345,946 256,313    
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street Wellington Sumner KS 67152 Hospitality Limited Service 2015 NAP 110 Rooms   347,930 325,058 240,836    
25.09 Property   1 Travelodge - 2680 Airport Road Santa Teresa Dona Ana NM 88008 Hospitality Limited Service 2014 NAP 56 Rooms   338,855 316,579 234,555    
25.10 Property   1 Super 8 - 720 Royal Parkway Nashville Davidson TN 37214 Hospitality Limited Service 1989 2017 103 Rooms   321,872 300,713 222,799    
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street Hearne Robertson TX 77859 Hospitality Limited Service 1999, 2016 2016 140 Rooms   316,329 295,534 218,963    
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway Fremont Dodge NE 68025 Hospitality Limited Service 2007 2017-2018 100 Rooms   295,147 275,744 204,300    
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road Elko Elko NV 89801 Hospitality Limited Service 1999 NAP 119 Rooms   289,531 270,498 200,413    
25.14 Property   1 Super 8 - 2545 Cornhusker Highway Lincoln Lancaster NE 68521 Hospitality Limited Service 1983, 1993 2016 132 Rooms   284,955 266,223 197,246    
25.15 Property   1 Travelodge - 1110 Southeast 4th Street Hermiston Umatilla OR 97838 Hospitality Limited Service 2002 NAP 86 Rooms   280,745 262,290 194,331    
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court Clinton Clinton IA 52732 Hospitality Limited Service 2005 NAP 123 Rooms   250,718 234,236 173,546    
25.17 Property   1 Travelodge - 800 West Laramie Street Guernsey Platte WY 82214 Hospitality Limited Service 1978, 1980 2017 95 Rooms   249,472 233,072 172,684    
25.18 Property   1 Travelodge - 22 North Frontage Road Pecos Reeves TX 79772 Hospitality Limited Service 2001, 2008 2015 61 Rooms   247,279 231,023 171,166    
25.19 Property   1 Travelodge - 123 Westvaco Road Low Moor Alleghany VA 24457 Hospitality Limited Service 2009 NAP 30 Rooms   232,884 217,574 161,202    
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue Glendive Dawson MT 59330 Hospitality Limited Service 2014 NAP 74 Rooms   226,763 211,856 156,965    
25.21 Property   1 Travelodge - 1710 Jefferson Street Jefferson City Cole MO 65109 Hospitality Limited Service 1991 2013-2014 77 Rooms   207,302 193,674 143,494    
25.22 Property   1 Travelodge - 1625 Stillwater Avenue Cheyenne Laramie WY 82009 Hospitality Limited Service 1999 2016-2017 60 Rooms   207,195 193,574 143,420    
25.23 Property   1 Travelodge - 8233 Airline Highway Livonia Pointe Coupee LA 70755 Hospitality Limited Service 2013 NAP 60 Rooms   203,669 190,280 140,979    
25.24 Property   1 Baymont Inn & Suites - 6390 US-93 Whitefish Flathead MT 59937 Hospitality Limited Service 1991 2017 64 Rooms   188,844 176,430 130,717    
25.25 Property   1 Travelodge - 707 East Webster Street Morrill Scotts Bluff NE 69358 Hospitality Limited Service 1998-1999 2016 97 Rooms   175,120 163,608 121,218    
25.26 Property   1 Travelodge - 777 West Hwy 21 Milford Beaver UT 84751 Hospitality Limited Service 2002, 2006 NAP 75 Rooms   166,738 155,777 115,416    
25.27 Property   1 Travelodge - 3522 North Highway 59 Douglas Converse WY 82633 Hospitality Limited Service 2007 2014 112 Rooms   160,825 150,253 111,323    
25.28 Property   1 Travelodge - 108 6th Avenue Edgemont Fall River SD 57735 Hospitality Limited Service 1987 2016-2017 55 Rooms   152,733 142,692 105,721    

 

 

 

A-1-3

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name City County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate %
                  2 2     3     6, 7 6, 7 6, 7   8
25.29 Property   1 Travelodge - 2200 East South Avenue McAlester Pittsburg OK 74501 Hospitality Limited Service 2011 NAP 61 Rooms   147,632 137,927 102,190    
25.30 Property   1 Travelodge - 128 South Willow Road Missouri Valley Harrison IA 51555 Hospitality Limited Service 2006 NAP 41 Rooms   124,862 116,654 86,429    
25.31 Property   1 Travelodge - 1005 Highway 285 Vaughn Guadalupe NM 88353 Hospitality Limited Service 1998 NAP 60 Rooms   124,596 116,405 86,245    
25.32 Property   1 Days Inn - 3431 14th Avenue South Fargo Cass ND 58103 Hospitality Limited Service 1993 NAP 74 Rooms   106,215 99,232 73,522    
25.33 Property   1 Travelodge - 2505 US 69 Fort Scott Bourbon KS 66701 Hospitality Limited Service 2001 NAP 70 Rooms   91,327 85,324 63,217    
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road Buffalo Erie NY 14225 Hospitality Limited Service 2003 NAP 56 Rooms   88,154 82,359 61,020    
25.35 Property   1 Travelodge - 1706 North Park Drive Winslow Navajo AZ 86047 Hospitality Limited Service 1982 NAP 72 Rooms   84,914 79,332 58,777    
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street Rawlins Carbon WY 82301 Hospitality Limited Service 2006 2016-2017 62 Rooms   81,562 76,201 56,457    
25.37 Property   1 Travelodge - 1177 East 16th Street Wellington Sumner KS 67152 Hospitality Limited Service 1993, 1999 NAP 80 Rooms   74,973 70,045 51,896    
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road Yermo San Bernardino CA 92398 Hospitality Limited Service 2002 NAP 65 Rooms   73,145 68,337 50,631    
25.39 Property   1 Travelodge - 2407 East Holland Avenue Alpine Brewster TX 79830 Hospitality Limited Service 2002 2014 40 Rooms   60,635 56,649 41,971    
25.40 Property   1 Travelodge - 620 Souder Road Brunswick Frederick MD 21712 Hospitality Limited Service 2014 NAP 25 Rooms   55,172 51,545 38,190    
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast Glenwood Pope MN 56334 Hospitality Limited Service 2012 NAP 56 Rooms   41,525 38,796 28,744    
25.42 Property   1 Travelodge - 109 East Commerce Street Sharon Springs Wallace KS 67758 Hospitality Limited Service 1997 NAP 50 Rooms   34,483 32,216 23,869    
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue Dunsmuir Siskiyou CA 96025 Hospitality Limited Service 2007 2017 21 Rooms   27,586 25,773 19,095    
25.44 Property   1 Travelodge - 98 Moffat Avenue Yampa Routt CO 80483 Hospitality Limited Service 2001 NAP 37 Rooms   22,284 20,819 15,425    
26 Loan   1 Dollar Self Storage #6 - Apache Junction  Apache Junction Pinal AZ 85119 Self Storage Self Storage 2002 NAP 109,425 SF 86.71 9,500,000 9,488,330 7,780,663 4.88000% 0.02507%
27 Loan 2, 6, 19 3 NTG Industrial Portfolio Various Atlantic NJ Various Various Various Various NAP 87,531 SF 101.11 8,850,000 8,850,000 8,850,000 5.85000% 0.01632%
27.01 Property   1 897 12th Street Hammonton Atlantic NJ 08037 Industrial Warehouse 1989 NAP 58,860 SF   5,998,871 5,998,871 5,998,871    
27.02 Property   1 392 White Horse Pike Hammonton Atlantic NJ 08037 Office Medical 1990 NAP 12,422 SF   1,767,579 1,767,579 1,767,579    
27.03 Property   1 6727 Delilah Road Egg Harbor Township Atlantic NJ 08234 Office Suburban 1985 NAP 16,249 SF   1,083,550 1,083,550 1,083,550    
28 Loan   1 Hayward Storage Hayward Alameda CA 94544 Self Storage Self Storage 1988 2005, 2012 58,932 SF 130.66 7,700,000 7,700,000 7,700,000 4.57000% 0.01632%
29 Loan 16, 17, 20, 28 1 Waygate Technologies Skaneateles Onondaga NY 13152 Industrial Flex 2007 NAP 73,820 SF 99.09 7,315,000 7,315,000 7,315,000 4.33110% 0.01632%
30 Loan 16 1 Westcliff Plaza Las Vegas Clark NV 89145 Office Medical 1994 NAP 36,236 SF 197.11 7,150,000 7,142,407 6,003,123 5.66000% 0.02507%
31 Loan   1 The Shoppes at Seven Oaks Saint Louis Saint Louis MO 63122 Retail Unanchored 2007 NAP 52,664 SF 113.93 6,000,000 6,000,000 6,000,000 5.05000% 0.01632%
32 Loan 16 1 Cooper Commerce Center Pompano Beach Broward FL 33069 Industrial Warehouse 1975 2021 43,850 SF 131.58 5,770,000 5,770,000 5,770,000 5.13000% 0.02507%
33 Loan 34 1 Mini U Storage - Woodbridge Woodbridge Prince William VA 22192 Self Storage Self Storage 1999 NAP 58,075 SF 96.86 5,625,000 5,625,000 5,625,000 5.66000% 0.02507%
34 Loan   1 Marina Village Corpus Christi Nueces TX 78418 Manufactured Housing Manufactured Housing 1966 2002 247 Pads 18,759.34 4,650,000 4,633,556 3,813,527 4.92000% 0.02507%
35 Loan 7 1 Lakeview Storage Napa Napa CA 94558 Self Storage Self Storage 1975 2004 104,290 SF 43.63 4,550,000 4,550,000 4,550,000 6.34000% 0.01632%
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners Cleveland Bradley TN 37311 Retail Anchored 1969 2015 93,760 SF 45.60 4,275,000 4,275,000 4,107,296 5.61540% 0.01632%
37 Loan 12, 16 1 Beverly Industrial Park Beverly Essex MA 01915 Industrial Warehouse / Other 1925, 1972 NAP 58,634 SF 69.93 4,100,000 4,100,000 4,100,000 5.17000% 0.02507%
38 Loan   1 Storage Crib New Castle Henry IN 47362 Self Storage Self Storage 1976, 2020 NAP 94,124 SF 28.37 2,670,000 2,670,000 2,670,000 4.81000% 0.02507%

 

 

 

A-1-4

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date
            9 9 9 9                            
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 3.02368% NAP 179,796.30 NAP 2,157,555.56 Interest Only No Actual/360 60 59 60 59 0 0 5/12/2022 1 6 7/6/2022 NAP
1.01 Property   1 Yorkshire Towers                                      
1.02 Property   1 Lexington Towers                                      
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 5.18118% NAP 285,441.41 NAP 3,425,296.92 Interest Only No Actual/360 120 120 120 120 0 0 6/8/2022 0 6 8/6/2022 NAP
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 5.03493% NAP 235,137.73 NAP 2,821,652.76 Interest Only No Actual/360 120 119 120 119 0 0 5/19/2022 1 1 7/1/2022 NAP
3.01 Property   1 Walgreens - Las Vegas                                      
3.02 Property   1 Waystar Building                                      
3.03 Property   1 Fresenius Kidney Care                                      
3.04 Property   1 Tower Health                                      
3.05 Property   1 New Orleans MOB                                      
3.06 Property   1 Penn State Health                                      
3.07 Property   1 Carmichael MOB                                      
3.08 Property   1 Port Arthur Dialysis                                      
3.09 Property   1 Auburn Medical                                      
3.10 Property   1 Berkley Eye Institute, PA                                      
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 5.08368% NAP 215,451.39 NAP 2,585,416.68 Interest Only No Actual/360 120 117 120 117 0 0 4/8/2022 3 6 5/6/2022 NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 5.40868% NAP 183,344.91 NAP 2,200,138.92 Interest Only No Actual/360 120 118 120 118 0 0 4/13/2022 2 6 6/6/2022 NAP
6 Loan 4, 5, 16, 19 1 360 Rosemary 3.93368% NAP 106,796.30 NAP 1,281,555.60 Interest Only No Actual/360 120 115 120 115 0 0 1/18/2022 5 6 3/6/2022 NAP
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 5.09368% NAP 129,524.31 NAP 1,554,291.72 Interest Only No Actual/360 120 118 120 118 0 0 4/8/2022 2 6 6/6/2022 NAP
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 4.90368% NAP 95,609.72 NAP 1,147,316.64 Interest Only No Actual/360 120 118 120 118 0 0 4/29/2022 2 6 6/6/2022 NAP
9 Loan 12, 19, 27, 34 1 111 River Street 3.26368% NAP 60,968.52 NAP 731,622.24 Interest Only No Actual/360 60 55 60 55 0 0 1/21/2022 5 6 3/6/2022 NAP
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 5.68368% 127,688.09 105,951.39 1,532,257.08 1,271,416.68 Interest Only, Amortizing Balloon No Actual/360 60 59 120 119 360 360 5/10/2022 1 6 7/6/2022 7/6/2027
10.01 Property   1 West Mifflin, PA                                      
10.02 Property   1 Church Hill, TN                                      
10.03 Property   1 Mossville, IL                                      
10.04 Property   1 Eldon, MO                                      
10.05 Property   1 Kingsport, TN                                      
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 5.10493% NAP 93,189.06 NAP 1,118,268.72 Interest Only No Actual/360 120 118 120 118 0 0 4/20/2022 2 1 6/1/2022 NAP
12 Loan 12, 23 1 PentaCentre Office 5.30368% 112,979.10 NAP 1,355,749.20 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 6/2/2022 1 6 7/6/2022 7/6/2022
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 5.05368% NAP 83,960.14 NAP 1,007,521.68 Interest Only No Actual/360 120 117 120 117 0 0 3/30/2022 3 6 5/6/2022 NAP
13.01 Property   1 LaFollette, TN                                      
13.02 Property   1 Griffin, GA                                      
13.03 Property   1 Monteagle, TN                                      
13.04 Property   1 Bessemer, AL                                      
13.05 Property   1 Valley, AL                                      
13.06 Property   1 Boyle, MS                                      
13.07 Property   1 Elizabethton, TN                                      
13.08 Property   1 Panama City, FL                                      
13.09 Property   1 Phenix City, AL                                      
13.10 Property   1 Thomson, GA                                      
13.11 Property   1 Cleveland, GA                                      
13.12 Property   1 Birmingham, AL                                      
13.13 Property   1 Okoboji, IA                                      
13.14 Property   1 Harpersville, AL                                      
14 Loan 4 1 Wards Crossing West 4.86493% 103,373.22 80,566.15 1,240,478.64 966,793.80 Interest Only, Amortizing Balloon No Actual/360 60 58 120 118 360 360 4/6/2022 2 1 6/1/2022 6/1/2027
15 Loan 16 1 Cheshire Station 4.94493% NAP 74,052.71 NAP 888,632.52 Interest Only No Actual/360 120 119 120 119 0 0 5/13/2022 1 1 7/1/2022 NAP
16 Loan 16, 19, 28 1 Kewaunee Scientific 4.93368% NAP 69,635.16 NAP 835,621.92 Interest Only No Actual/360 120 117 120 117 0 0 3/24/2022 3 6 5/6/2022 NAP
17 Loan 24, 28 1 2 Riverfront Plaza 4.24368% NAP 53,989.58 NAP 647,874.96 Interest Only No Actual/360 120 114 120 114 0 0 12/8/2021 6 6 2/6/2022 NAP
18 Loan 2, 16 1 1901 10th Avenue 5.27868% NAP 58,159.20 NAP 697,910.42 Interest Only No Actual/360 120 120 120 120 0 0 6/14/2022 0 6 8/6/2022 NAP
19 Loan 19 1 Waikele Self-Storage Park 6.46368% NAP 68,437.50 NAP 821,250.00 Interest Only No Actual/360 120 120 120 120 0 0 6/13/2022 0 6 8/6/2022 NAP
20 Loan 26 1 Corporate Center Building G 5.62493% 68,027.24 NAP 816,326.88 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 5/18/2022 1 1 7/1/2022 7/1/2022
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 5.10493% 62,651.39 NAP 751,816.68 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 5/10/2022 1 1 7/1/2022 7/1/2022
22 Loan   1 Dollar Self Storage #5 - Mesa 4.91493% 61,313.48 NAP 735,761.76 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 5/3/2022 1 1 7/1/2022 7/1/2022
23 Loan 19, 23 1 Rego Park II 4.46493% 55,670.04 41,729.98 668,040.48 500,759.76 Interest Only, Amortizing Balloon No Actual/360 24 22 120 118 360 360 4/29/2022 2 1 6/1/2022 6/1/2024
24 Loan 6, 16, 19, 23 3 Longwood Industrial 4.87493% NAP 41,897.27 NAP 502,767.24 Interest Only No Actual/360 120 117 120 117 0 0 3/28/2022 3 1 5/1/2022 NAP
24.01 Property   1 Bennett Commerce Center                                      
24.02 Property   1 Midway Commerce Center                                      
24.03 Property   1 Big Tree Center                                      
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 4.83368% 60,917.63 NAP 731,011.58 NAP Amortizing Balloon No Actual/360 0 0 120 89 270 239 11/27/2019 31 6 1/6/2020 1/6/2020
25.01 Property   1 Travelodge - 2307 Wyoming Avenue                                      
25.02 Property   1 Travelodge - 2111 Camino Del Llano                                      
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way                                      
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive                                      
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive                                      
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60                                      
25.07 Property   1 Travelodge - 1127 Pony Express Highway                                      
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street                                      
25.09 Property   1 Travelodge - 2680 Airport Road                                      
25.10 Property   1 Super 8 - 720 Royal Parkway                                      
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street                                      
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway                                      
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road                                      
25.14 Property   1 Super 8 - 2545 Cornhusker Highway                                      
25.15 Property   1 Travelodge - 1110 Southeast 4th Street                                      
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court                                      
25.17 Property   1 Travelodge - 800 West Laramie Street                                      
25.18 Property   1 Travelodge - 22 North Frontage Road                                      
25.19 Property   1 Travelodge - 123 Westvaco Road                                      
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue                                      
25.21 Property   1 Travelodge - 1710 Jefferson Street                                      
25.22 Property   1 Travelodge - 1625 Stillwater Avenue                                      
25.23 Property   1 Travelodge - 8233 Airline Highway                                      
25.24 Property   1 Baymont Inn & Suites - 6390 US-93                                      
25.25 Property   1 Travelodge - 707 East Webster Street                                      
25.26 Property   1 Travelodge - 777 West Hwy 21                                      
25.27 Property   1 Travelodge - 3522 North Highway 59                                      
25.28 Property   1 Travelodge - 108 6th Avenue                                      

 

 

 

A-1-5

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date
            9 9 9 9                            
25.29 Property   1 Travelodge - 2200 East South Avenue                                      
25.30 Property   1 Travelodge - 128 South Willow Road                                      
25.31 Property   1 Travelodge - 1005 Highway 285                                      
25.32 Property   1 Days Inn - 3431 14th Avenue South                                      
25.33 Property   1 Travelodge - 2505 US 69                                      
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road                                      
25.35 Property   1 Travelodge - 1706 North Park Drive                                      
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street                                      
25.37 Property   1 Travelodge - 1177 East 16th Street                                      
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road                                      
25.39 Property   1 Travelodge - 2407 East Holland Avenue                                      
25.40 Property   1 Travelodge - 620 Souder Road                                      
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast                                      
25.42 Property   1 Travelodge - 109 East Commerce Street                                      
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue                                      
25.44 Property   1 Travelodge - 98 Moffat Avenue                                      
26 Loan   1 Dollar Self Storage #6 - Apache Junction  4.85493% 50,303.62 NAP 603,643.44 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 5/13/2022 1 1 7/1/2022 7/1/2022
27 Loan 2, 6, 19 3 NTG Industrial Portfolio 5.83368% NAP 43,742.97 NAP 524,915.64 Interest Only No Actual/360 120 117 120 117 0 0 3/16/2022 3 6 5/6/2022 NAP
27.01 Property   1 897 12th Street                                      
27.02 Property   1 392 White Horse Pike                                      
27.03 Property   1 6727 Delilah Road                                      
28 Loan   1 Hayward Storage 4.55368% NAP 29,731.45 NAP 356,777.40 Interest Only No Actual/360 120 117 120 117 0 0 3/18/2022 3 6 5/6/2022 NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies 4.31478% NAP 26,768.35 NAP 321,220.20 Interest Only No Actual/360 120 119 120 119 0 0 5/27/2022 1 6 7/6/2022 NAP
30 Loan 16 1 Westcliff Plaza 5.63493% 41,317.57 NAP 495,810.84 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359 5/6/2022 1 1 7/1/2022 7/1/2022
31 Loan   1 The Shoppes at Seven Oaks 5.03368% NAP 25,600.69 NAP 307,208.28 Interest Only No Actual/360 120 119 120 119 0 0 5/31/2022 1 6 7/6/2022 NAP
32 Loan 16 1 Cooper Commerce Center 5.10493% NAP 25,009.34 NAP 300,112.08 Interest Only No Actual/360 120 118 120 118 0 0 4/21/2022 2 1 6/1/2022 NAP
33 Loan 34 1 Mini U Storage - Woodbridge 5.63493% NAP 26,899.74 NAP 322,796.88 Interest Only No Actual/360 120 120 120 120 0 0 6/7/2022 0 1 8/1/2022 NAP
34 Loan   1 Marina Village 4.89493% 24,735.35 NAP 296,824.20 NAP Amortizing Balloon No Actual/360 0 0 120 117 360 357 3/25/2022 3 1 5/1/2022 5/1/2022
35 Loan 7 1 Lakeview Storage 6.32368% NAP 24,373.04 NAP 292,476.48 Interest Only No Actual/360 60 60 60 60 0 0 6/7/2022 0 6 8/6/2022 NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 5.59908% 24,583.41 20,282.71 295,000.92 243,392.52 Interest Only, Amortizing Balloon No Actual/360 84 83 120 119 360 360 6/6/2022 1 6 7/6/2022 7/6/2029
37 Loan 12, 16 1 Beverly Industrial Park 5.14493% NAP 17,909.50 NAP 214,914.00 Interest Only No Actual/360 60 59 60 59 0 0 5/17/2022 1 1 7/1/2022 NAP
38 Loan   1 Storage Crib 4.78493% NAP 10,850.89 NAP 130,210.68 Interest Only No Actual/360 120 117 120 117 0 0 4/1/2022 3 1 5/1/2022 NAP

 

 

 

A-1-6

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)  Most Recent Expenses ($)   Most Recent NOI ($)   Most Recent NOI Date   Most Recent Description  Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($)  Second Most Recent NOI Date  Second Most Recent Description  Third Most Recent EGI ($)  Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description
              10   12     31                        
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 6/6/2027 6/6/2027 0 0 L(25),D(30),O(5) 40,995,144 15,672,705 25,322,439 2/28/2022 T-12 39,766,160 15,511,878 24,254,281 12/31/2021 T-12 40,128,052 14,510,102 25,617,949 12/31/2020 T-12
1.01 Property   1 Yorkshire Towers           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
1.02 Property   1 Lexington Towers           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 7/6/2032 7/6/2032 0 0 L(24),D(91),O(5) NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 6/1/2032 6/1/2032 0 0 L(25),D(92),O(3) NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.01 Property   1 Walgreens - Las Vegas           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.02 Property   1 Waystar Building           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.03 Property   1 Fresenius Kidney Care           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.04 Property   1 Tower Health           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.05 Property   1 New Orleans MOB           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.06 Property   1 Penn State Health           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.07 Property   1 Carmichael MOB           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.08 Property   1 Port Arthur Dialysis           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.09 Property   1 Auburn Medical           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.10 Property   1 Berkley Eye Institute, PA           NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 4/6/2032 4/6/2032 10 0 L(27),D(86),O(7) NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 5/6/2032 5/6/2032 0 0 L(26),D(89),O(5) 17,711,610 5,380,921 12,330,689 12/31/2021 T-12 15,642,297 4,984,254 10,658,043 12/31/2020 T-12 14,844,181 5,278,230 9,565,951 12/31/2019 T-12
6 Loan 4, 5, 16, 19 1 360 Rosemary 2/6/2032 2/6/2032 0 0 YM3(29),DorYM3(84),O(7) NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 5/6/2032 5/6/2032 0 0 L(26),D(91),O(3) 31,757,320 16,577,630 15,179,689 2/28/2022 T-12 31,681,421 15,894,296 15,787,125 12/31/2021 T-12 25,039,832 13,482,223 11,557,609 12/31/2020 T-12
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 5/6/2032 5/6/2032 0 0 L(26),D(89),O(5) 26,934,139 8,571,958 18,362,181 12/31/2021 T-12 25,677,751 8,516,941 17,160,810 12/31/2020 T-12 25,370,674 8,285,155 17,085,519 12/31/2019 T-12
9 Loan 12, 19, 27, 34 1 111 River Street 2/6/2027 2/6/2027 0 0 L(29),D(26),O(5) 18,437,368 8,508,847 9,928,521 10/31/2021 T-12 18,375,164 8,607,905 9,767,259 12/31/2020 T-12 18,104,302 9,321,649 8,782,654 12/31/2019 T-12
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 6/6/2032 6/6/2032 0 0 L(25),D(89),O(6) 6,975,351 2,073,354 4,901,997 2/28/2022 T-12 6,863,588 2,085,284 4,778,303 12/31/2021 T-12 1,911,717 475,068 1,436,649 12/31/2020 T-12
10.01 Property   1 West Mifflin, PA           2,486,681 689,675 1,797,006 2/28/2022 T-12 2,425,135 673,101 1,752,034 12/31/2021 T-12 NAV NAV NAV NAV NAV
10.02 Property   1 Church Hill, TN           2,140,551 845,178 1,295,373 2/28/2022 T-12 2,113,938 874,196 1,239,742 12/31/2021 T-12 NAV NAV NAV NAV NAV
10.03 Property   1 Mossville, IL           1,117,297 171,590 945,707 2/28/2022 T-12 1,113,632 172,024 941,609 12/31/2021 T-12 1,096,341 173,751 922,590 12/31/2020 T-12
10.04 Property   1 Eldon, MO           884,318 294,002 590,316 2/28/2022 T-12 863,928 288,884 575,044 12/31/2021 T-12 815,376 301,317 514,059 12/31/2020 T-12
10.05 Property   1 Kingsport, TN           346,505 72,909 273,595 2/28/2022 T-12 346,953 77,079 269,874 12/31/2021 T-12 NAV NAV NAV NAV NAV
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 5/1/2032 5/1/2032 0 0 L(26),D(91),O(3) NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
12 Loan 12, 23 1 PentaCentre Office 6/6/2032 6/6/2032 0 0 L(25),D(91),O(4) 10,924,379 4,868,497 6,055,882 2/28/2022 T-12 11,048,094 4,872,220 6,175,874 12/31/2021 T-12 10,265,838 4,961,140 5,304,698 12/31/2020 T-12
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 4/6/2032 4/6/2032 0 0 L(27),D(89),O(4) 3,080,528 1,245,825 1,834,703 2/28/2022 T-12 2,925,778 1,325,417 1,600,360 12/31/2021 T-12 1,487,326 595,698 891,628 12/31/2020 T-12
13.01 Property   1 LaFollette, TN           386,390 121,326 265,063 2/28/2022 T-12 365,069 134,937 230,133 12/31/2021 T-12 267,697 75,453 192,244 12/31/2020 T-12
13.02 Property   1 Griffin, GA           371,714 139,521 232,193 2/28/2022 T-12 352,786 160,632 192,154 12/31/2021 T-12 254,670 104,650 150,020 12/31/2020 T-12
13.03 Property   1 Monteagle, TN           312,381 128,522 183,859 2/28/2022 T-12 298,179 136,056 162,123 12/31/2021 T-12 208,185 114,130 94,054 12/31/2020 T-12
13.04 Property   1 Bessemer, AL           272,441 88,009 184,432 2/28/2022 T-12 263,271 89,208 174,063 12/31/2021 T-12 208,355 53,872 154,484 12/31/2020 T-12
13.05 Property   1 Valley, AL           293,552 115,495 178,057 2/28/2022 T-12 278,651 123,470 155,181 12/31/2021 T-12 232,257 63,727 168,529 12/31/2020 T-12
13.06 Property   1 Boyle, MS           284,372 92,737 191,635 2/28/2022 T-12 266,508 106,187 160,321 12/31/2021 T-12 NAV NAV NAV NAV NAV
13.07 Property   1 Elizabethton, TN           187,468 77,095 110,373 2/28/2022 T-12 182,515 82,242 100,273 12/31/2021 T-12 NAV NAV NAV NAV NAV
13.08 Property   1 Panama City, FL           227,671 150,954 76,717 2/28/2022 T-12 217,643 164,222 53,422 12/31/2021 T-12 104,805 84,917 19,887 12/31/2020 T-12
13.09 Property   1 Phenix City, AL           161,363 69,502 91,861 2/28/2022 T-12 155,092 67,718 87,375 12/31/2021 T-12 NAV NAV NAV NAV NAV
13.10 Property   1 Thomson, GA           153,106 85,243 67,862 2/28/2022 T-12 140,146 83,793 56,353 12/31/2021 T-12 NAV NAV NAV NAV NAV
13.11 Property   1 Cleveland, GA           151,789 54,256 97,533 2/28/2022 T-12 141,096 54,096 87,001 12/31/2021 T-12 NAV NAV NAV NAV NAV
13.12 Property   1 Birmingham, AL           111,969 56,459 55,510 2/28/2022 T-12 105,719 56,072 49,647 12/31/2021 T-12 92,232 44,694 47,538 12/31/2020 T-12
13.13 Property   1 Okoboji, IA           89,506 26,103 63,403 2/28/2022 T-12 85,370 25,827 59,544 12/31/2021 T-12 75,966 21,145 54,821 12/31/2020 T-12
13.14 Property   1 Harpersville, AL           76,807 40,602 36,205 2/28/2022 T-12 73,731 40,960 32,771 12/31/2021 T-12 43,159 33,110 10,049 12/31/2020 T-12
14 Loan 4 1 Wards Crossing West 5/1/2032 5/1/2032 3 3 L(26),D(89),O(5) 2,483,034 541,401 1,941,633 2/28/2022 T-12 2,366,196 547,199 1,818,997 12/31/2021 T-12 2,260,504 534,368 1,726,136 12/31/2020 T-12
15 Loan 16 1 Cheshire Station 6/1/2032 6/1/2032 3 3 L(25),D(92),O(3) 2,257,097 559,450 1,697,648 12/31/2021 T-12 2,388,566 578,713 1,809,853 12/31/2020 T-12 2,369,089 565,924 1,803,165 12/31/2019 T-12
16 Loan 16, 19, 28 1 Kewaunee Scientific 4/6/2032 4/6/2032 0 0 L(27),D(89),O(4) NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
17 Loan 24, 28 1 2 Riverfront Plaza 1/6/2032 1/6/2032 0 0 L(30),D(85),O(5) 14,216,116 3,570,855 10,645,261 9/30/2021 T-12 14,024,713 3,511,314 10,513,398 12/31/2020 T-12 14,106,430 3,763,916 10,342,514 12/31/2019 T-12
18 Loan 2, 16 1 1901 10th Avenue 7/6/2032 7/6/2032 0 0 L(24),D(92),O(4) 1,160,409 267,062 893,347 4/30/2022 T-12 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
19 Loan 19 1 Waikele Self-Storage Park 7/6/2032 7/6/2032 0 0 L(24),D(92),O(4) 1,895,865 797,323 1,098,542 3/31/2022 T-12 1,913,244 817,254 1,095,990 12/31/2021 T-12 2,098,859 845,053 1,253,806 12/31/2020 T-12
20 Loan 26 1 Corporate Center Building G 6/1/2032 6/1/2032 0 0 L(25),YM1(92),O(3) 1,454,489 259,695 1,194,794 2/28/2022 T-12 1,442,701 256,813 1,185,888 12/31/2021 T-12 1,384,127 256,336 1,127,792 12/31/2020 T-12
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 6/1/2032 6/1/2032 5 5 L(25),D(92),O(3) 1,363,590 533,142 830,448 3/31/2022 T-12 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
22 Loan   1 Dollar Self Storage #5 - Mesa 6/1/2032 6/1/2032 5 5 L(25),D(92),O(3) 1,576,538 507,968 1,068,571 3/31/2022 T-12 1,502,667 507,176 995,491 12/31/2021 T-12 1,271,578 445,332 826,247 12/31/2020 T-12
23 Loan 19, 23 1 Rego Park II 5/1/2032 5/1/2032 0 5 L(26),D(91),O(3) 3,257,389 1,014,861 2,242,528 2/28/2022 T-12 2,986,099 1,027,979 1,958,120 12/31/2021 T-12 2,535,022 1,155,733 1,379,289 12/31/2020 T-12
24 Loan 6, 16, 19, 23 3 Longwood Industrial 4/1/2032 4/1/2032 3 5 L(27),D(90),O(3) 1,158,230 271,348 886,883 12/31/2021 T-6 973,988 268,610 705,378 12/31/2020 T-12 881,712 254,164 627,548 12/31/2019 T-12
24.01 Property   1 Bennett Commerce Center           NAV NAV NAV NAV NAV 462,676 118,061 344,615 12/31/2020 T-12 401,603 116,819 284,784 12/31/2019 T-12
24.02 Property   1 Midway Commerce Center           NAV NAV NAV NAV NAV 320,466 106,255 214,211 12/31/2020 T-12 298,705 80,680 218,025 12/31/2019 T-12
24.03 Property   1 Big Tree Center           NAV NAV NAV NAV NAV 190,846 44,294 146,552 12/31/2020 T-12 181,404 56,665 124,739 12/31/2019 T-12
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 12/6/2029 12/6/2029 0 0 L(24),YM2(92),O(4) 67,115,448 47,694,663 19,420,785 3/31/2022 T-12 65,991,899 46,332,987 19,658,912 12/31/2021 T-12 61,946,970 42,478,709 19,468,261 12/31/2020 T-12
25.01 Property   1 Travelodge - 2307 Wyoming Avenue           2,711,065 828,345 1,882,720 3/31/2022 T-12 2,664,252 825,108 1,839,144 12/31/2021 T-12 2,569,114 837,658 1,731,456 12/31/2020 T-12
25.02 Property   1 Travelodge - 2111 Camino Del Llano           3,072,035 2,137,405 934,630 3/31/2022 T-12 3,007,302 2,114,084 893,218 12/31/2021 T-12 2,953,251 1,654,514 1,298,737 12/31/2020 T-12
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way           3,181,080 1,855,770 1,325,310 3/31/2022 T-12 3,126,580 1,826,952 1,299,628 12/31/2021 T-12 3,050,374 1,774,495 1,275,879 12/31/2020 T-12
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive           3,016,273 2,116,227 900,046 3/31/2022 T-12 2,795,063 1,936,261 858,802 12/31/2021 T-12 2,697,139 1,725,468 971,671 12/31/2020 T-12
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive           2,602,337 1,917,857 684,480 3/31/2022 T-12 2,552,283 1,863,148 689,135 12/31/2021 T-12 2,326,940 1,527,580 799,360 12/31/2020 T-12
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60           2,182,510 1,278,405 904,105 3/31/2022 T-12 2,191,987 1,255,934 936,053 12/31/2021 T-12 2,209,205 1,184,525 1,024,680 12/31/2020 T-12
25.07 Property   1 Travelodge - 1127 Pony Express Highway           2,379,883 1,419,866 960,017 3/31/2022 T-12 2,330,598 1,408,357 922,241 12/31/2021 T-12 2,078,559 1,262,269 816,290 12/31/2020 T-12
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street           2,112,388 1,173,898 938,490 3/31/2022 T-12 2,051,515 1,210,856 840,659 12/31/2021 T-12 1,908,069 1,067,852 840,217 12/31/2020 T-12
25.09 Property   1 Travelodge - 2680 Airport Road           1,758,101 909,204 848,897 3/31/2022 T-12 1,703,496 900,585 802,911 12/31/2021 T-12 1,681,015 857,944 823,071 12/31/2020 T-12
25.10 Property   1 Super 8 - 720 Royal Parkway           1,404,453 1,250,843 153,610 3/31/2022 T-12 1,346,855 1,084,619 262,236 12/31/2021 T-12 1,283,590 980,116 303,474 12/31/2020 T-12
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street           2,510,264 1,650,842 859,422 3/31/2022 T-12 2,482,376 1,585,516 896,860 12/31/2021 T-12 2,397,681 1,542,526 855,155 12/31/2020 T-12
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway           1,681,311 1,182,905 498,406 3/31/2022 T-12 1,664,810 1,139,539 525,271 12/31/2021 T-12 1,719,412 1,159,124 560,288 12/31/2020 T-12
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road           1,734,082 1,059,176 674,906 3/31/2022 T-12 1,857,944 1,033,716 824,228 12/31/2021 T-12 1,752,479 919,819 832,660 12/31/2020 T-12
25.14 Property   1 Super 8 - 2545 Cornhusker Highway           944,877 780,923 163,954 3/31/2022 T-12 930,339 740,228 190,111 12/31/2021 T-12 853,183 692,603 160,580 12/31/2020 T-12
25.15 Property   1 Travelodge - 1110 Southeast 4th Street           1,470,254 908,562 561,692 3/31/2022 T-12 1,405,717 868,272 537,445 12/31/2021 T-12 1,344,049 684,349 659,700 12/31/2020 T-12
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court           1,522,535 1,003,699 518,836 3/31/2022 T-12 1,457,478 976,734 480,744 12/31/2021 T-12 1,351,305 916,927 434,378 12/31/2020 T-12
25.17 Property   1 Travelodge - 800 West Laramie Street           1,329,377 742,076 587,301 3/31/2022 T-12 1,305,805 708,602 597,203 12/31/2021 T-12 1,297,092 701,529 595,563 12/31/2020 T-12
25.18 Property   1 Travelodge - 22 North Frontage Road           1,397,650 704,533 693,117 3/31/2022 T-12 1,329,337 703,906 625,431 12/31/2021 T-12 1,216,924 702,193 514,731 12/31/2020 T-12
25.19 Property   1 Travelodge - 123 Westvaco Road           1,419,307 961,795 457,512 3/31/2022 T-12 1,408,063 933,201 474,862 12/31/2021 T-12 1,189,053 766,269 422,784 12/31/2020 T-12
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue           1,767,031 1,175,034 591,997 3/31/2022 T-12 1,756,331 1,136,389 619,942 12/31/2021 T-12 1,562,503 1,084,179 478,324 12/31/2020 T-12
25.21 Property   1 Travelodge - 1710 Jefferson Street           416,818 554,114 (137,296) 3/31/2022 T-12 408,550 518,609 (110,059) 12/31/2021 T-12 883,251 690,774 192,477 12/31/2020 T-12
25.22 Property   1 Travelodge - 1625 Stillwater Avenue           1,654,080 1,322,835 331,245 3/31/2022 T-12 1,670,366 1,249,339 421,027 12/31/2021 T-12 1,389,515 1,079,454 310,061 12/31/2020 T-12
25.23 Property   1 Travelodge - 8233 Airline Highway           1,107,872 673,321 434,551 3/31/2022 T-12 1,099,038 649,945 449,093 12/31/2021 T-12 1,078,710 607,208 471,502 12/31/2020 T-12
25.24 Property   1 Baymont Inn & Suites - 6390 US-93           1,289,373 849,000 440,373 3/31/2022 T-12 1,304,851 831,733 473,118 12/31/2021 T-12 1,179,847 748,718 431,129 12/31/2020 T-12
25.25 Property   1 Travelodge - 707 East Webster Street           1,390,828 1,094,076 296,752 3/31/2022 T-12 1,384,924 1,082,638 302,286 12/31/2021 T-12 1,360,171 1,002,282 357,889 12/31/2020 T-12
25.26 Property   1 Travelodge - 777 West Hwy 21           1,452,418 1,075,815 376,603 3/31/2022 T-12 1,453,172 1,073,730 379,442 12/31/2021 T-12 1,331,434 984,047 347,387 12/31/2020 T-12
25.27 Property   1 Travelodge - 3522 North Highway 59           972,036 1,100,785 (128,749) 3/31/2022 T-12 937,283 1,043,145 (105,862) 12/31/2021 T-12 1,014,158 947,233 66,925 12/31/2020 T-12
25.28 Property   1 Travelodge - 108 6th Avenue           919,640 454,240 465,400 3/31/2022 T-12 914,160 444,902 469,258 12/31/2021 T-12 862,845 438,298 424,547 12/31/2020 T-12

 

 

 

A-1-7

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)  Most Recent Expenses ($)   Most Recent NOI ($)   Most Recent NOI Date   Most Recent Description  Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($)  Second Most Recent NOI Date  Second Most Recent Description  Third Most Recent EGI ($)  Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description
              10   12     31                        
25.29 Property   1 Travelodge - 2200 East South Avenue           1,095,592 638,274 457,318 3/31/2022 T-12 1,039,436 611,547 427,889 12/31/2021 T-12 809,907 553,175 256,732 12/31/2020 T-12
25.30 Property   1 Travelodge - 128 South Willow Road           1,318,709 1,006,615 312,094 3/31/2022 T-12 1,306,612 986,014 320,598 12/31/2021 T-12 1,238,285 915,556 322,729 12/31/2020 T-12
25.31 Property   1 Travelodge - 1005 Highway 285           1,541,474 1,147,264 394,210 3/31/2022 T-12 1,564,378 1,143,798 420,580 12/31/2021 T-12 1,538,135 1,132,592 405,543 12/31/2020 T-12
25.32 Property   1 Days Inn - 3431 14th Avenue South           1,138,013 1,053,964 84,049 3/31/2022 T-12 1,271,851 1,087,193 184,658 12/31/2021 T-12 1,057,235 1,025,063 32,172 12/31/2020 T-12
25.33 Property   1 Travelodge - 2505 US 69           1,039,788 889,106 150,682 3/31/2022 T-12 1,047,625 859,236 188,389 12/31/2021 T-12 758,478 735,208 23,270 12/31/2020 T-12
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road           951,500 880,023 71,477 3/31/2022 T-12 920,646 867,910 52,736 12/31/2021 T-12 889,128 751,563 137,565 12/31/2020 T-12
25.35 Property   1 Travelodge - 1706 North Park Drive           1,063,278 938,994 124,284 3/31/2022 T-12 1,046,395 931,332 115,063 12/31/2021 T-12 1,028,548 862,967 165,581 12/31/2020 T-12
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street           1,170,261 1,029,136 141,125 3/31/2022 T-12 1,214,290 1,001,342 212,948 12/31/2021 T-12 1,255,559 1,070,794 184,765 12/31/2020 T-12
25.37 Property   1 Travelodge - 1177 East 16th Street           1,429,983 1,192,444 237,539 3/31/2022 T-12 1,390,370 1,220,268 170,102 12/31/2021 T-12 1,061,013 1,100,990 (39,977) 12/31/2020 T-12
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road           1,314,343 1,253,788 60,555 3/31/2022 T-12 1,205,989 1,223,459 (17,470) 12/31/2021 T-12 1,071,321 1,112,134 (40,813) 12/31/2020 T-12
25.39 Property   1 Travelodge - 2407 East Holland Avenue           1,222,525 1,127,288 95,237 3/31/2022 T-12 1,243,981 1,163,784 80,197 12/31/2021 T-12 964,800 1,072,053 (107,253) 12/31/2020 T-12
25.40 Property   1 Travelodge - 620 Souder Road           859,598 818,169 41,429 3/31/2022 T-12 822,564 794,427 28,137 12/31/2021 T-12 591,521 657,897 (66,376) 12/31/2020 T-12
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast           1,287,145 1,170,292 116,853 3/31/2022 T-12 1,187,572 1,086,316 101,256 12/31/2021 T-12 934,291 881,034 53,257 12/31/2020 T-12
25.42 Property   1 Travelodge - 109 East Commerce Street           645,865 703,295 (57,430) 3/31/2022 T-12 659,474 701,041 (41,567) 12/31/2021 T-12 730,264 697,674 32,590 12/31/2020 T-12
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue           786,366 870,408 (84,042) 3/31/2022 T-12 778,734 784,980 (6,246) 12/31/2021 T-12 693,059 688,515 4,544 12/31/2020 T-12
25.44 Property   1 Travelodge - 98 Moffat Avenue           851,130 794,052 57,078 3/31/2022 T-12 751,507 724,292 27,215 12/31/2021 T-12 784,558 681,541 103,017 12/31/2020 T-12
26 Loan   1 Dollar Self Storage #6 - Apache Junction  6/1/2032 6/1/2032 5 5 L(25),D(92),O(3) 1,353,113 448,558 904,555 3/31/2022 T-12 1,273,231 428,461 844,770 12/31/2021 T-12 1,027,369 380,747 646,622 12/31/2020 T-12
27 Loan 2, 6, 19 3 NTG Industrial Portfolio 4/6/2032 4/6/2032 0 0 L(27),D(89),O(4) 1,218,133 339,570 878,563 12/31/2021 T-12 1,248,678 341,258 907,420 12/31/2020 T-12 1,291,962 354,615 937,347 12/31/2019 T-12
27.01 Property   1 897 12th Street           745,879 154,548 591,331 12/31/2021 T-12 755,369 156,909 598,460 12/31/2020 T-12 756,545 164,692 591,853 12/31/2019 T-12
27.02 Property   1 392 White Horse Pike           322,938 62,305 260,633 12/31/2021 T-12 316,739 61,530 255,209 12/31/2020 T-12 309,490 64,963 244,527 12/31/2019 T-12
27.03 Property   1 6727 Delilah Road           149,316 122,717 26,599 12/31/2021 T-12 176,570 122,819 53,751 12/31/2020 T-12 225,927 124,960 100,967 12/31/2019 T-12
28 Loan   1 Hayward Storage 4/6/2032 4/6/2032 0 0 L(27),D(88),O(5) 1,047,832 569,536 478,296 2/28/2022 T-12 1,032,713 576,336 456,377 12/31/2021 T-12 965,937 511,995 453,942 12/31/2020 T-12
29 Loan 16, 17, 20, 28 1 Waygate Technologies 6/6/2032 6/6/2032 0 0 L(25),D(91),O(4) 897,696 33,448 864,248 12/31/2021 T-12 1,066,302 37,659 1,028,643 12/31/2020 T-12 NAV NAV NAV NAV NAV
30 Loan 16 1 Westcliff Plaza 6/1/2032 6/1/2032 0 0 L(25),YM1(92),O(3) 835,037 138,736 696,301 2/28/2022 T-12 788,531 145,179 643,352 12/31/2021 T-12 610,873 219,540 391,333 12/31/2020 T-12
31 Loan   1 The Shoppes at Seven Oaks 6/6/2032 6/6/2032 0 0 L(25),D(91),O(4) 1,230,182 427,066 803,116 5/1/2022 T-12 1,170,753 446,516 724,237 12/31/2021 T-12 1,071,130 376,377 694,753 12/31/2020 T-12
32 Loan 16 1 Cooper Commerce Center 5/1/2032 5/1/2032 3 5 L(26),D(91),O(3) 858,054 274,713 583,341 12/31/2021 T-1 Ann NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
33 Loan 34 1 Mini U Storage - Woodbridge 7/1/2032 7/1/2032 0 0 L(25),YM1(92),O(3) 943,330 387,937 555,393 4/30/2022 T-12 924,741 374,867 549,874 12/31/2021 T-12 805,912 351,063 454,849 12/31/2020 T-12
34 Loan   1 Marina Village 4/1/2032 4/1/2032 0 5 L(27),D(90),O(3) 1,002,332 558,023 444,309 1/31/2022 T-12 995,038 531,731 463,306 12/31/2021 T-12 890,972 523,287 367,684 12/31/2020 T-12
35 Loan 7 1 Lakeview Storage 7/6/2027 7/6/2027 0 0 L(24),D(32),O(4) 537,079 121,920 415,159 5/31/2022 T-12 526,687 135,712 390,975 12/31/2021 T-12 NAV NAV NAV NAV NAV
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 6/6/2032 6/6/2032 0 0 L(25),D(91),O(4) 777,719 205,041 572,678 5/31/2022 T-12 723,307 212,158 511,150 12/31/2021 T-12 749,073 213,113 535,960 12/31/2020 T-12
37 Loan 12, 16 1 Beverly Industrial Park 6/1/2027 6/1/2027 5 5 YM1(56),O(4) 501,697 177,970 323,727 11/30/2021 T-12 466,408 192,140 274,268 12/31/2020 T-12 NAV NAV NAV NAV NAV
38 Loan   1 Storage Crib 4/1/2032 4/1/2032 5 5 L(27),D(90),O(3) 473,236 185,907 287,329 1/31/2022 T-12 459,677 175,762 283,916 12/31/2021 T-12 386,992 214,900 172,092 12/31/2020 T-12

 

 

 

A-1-8

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($)  Underwritten TI / LC ($)   Underwritten Net Cash Flow ($)  Underwritten NOI DSCR (x)  Underwritten NCF DSCR (x)   Underwritten NOI Debt Yield (%)   Underwritten NCF Debt Yield (%)   Appraised Value ($)  Appraised Value Type  Appraisal Date   Cut-off Date LTV Ratio (%) 
                31   15   7, 14 7, 14 7 7 5      5,7 
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 97.2% 51,394,888 16,019,126 35,375,762 0 0 35,375,762 3.61 3.61 11.1% 11.1% 954,000,000 As Is 1/20/2022 33.3%
1.01 Property   1 Yorkshire Towers NAV NAV NAV NAV NAV NAV NAV         821,000,000 As Is 1/20/2022  
1.02 Property   1 Lexington Towers NAV NAV NAV NAV NAV NAV NAV         133,000,000 As Is 1/20/2022  
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 95.0% 11,675,921 2,022,534 9,653,388 34,466 430,820 9,188,102 1.83 1.74 9.7% 9.2% 170,000,000 As Is Assuming No Landlord Obligations 3/30/2022 58.8%
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 92.4% 9,334,318 2,610,997 6,723,321 56,698 0 6,666,623 1.64 1.62 8.4% 8.3% 139,000,000 As Portfolio 4/15/2022 57.6%
3.01 Property   1 Walgreens - Las Vegas 97.0% 2,712,513 250,651 2,461,862 3,620 (27,165) 2,485,407         50,000,000 As Is 4/1/2022  
3.02 Property   1 Waystar Building 95.1% 2,681,044 1,083,415 1,597,629 25,742 (40,763) 1,612,650         30,200,000 As Is 4/5/2022  
3.03 Property   1 Fresenius Kidney Care 97.0% 650,709 165,833 484,876 2,015 (15,121) 497,982         8,960,000 As Is 3/31/2022  
3.04 Property   1 Tower Health 95.0% 464,435 70,639 393,796 2,200 10,418 381,178         7,600,000 As Is 4/4/2022  
3.05 Property   1 New Orleans MOB 95.0% 683,599 238,236 445,363 4,324 16,663 424,376         7,100,000 As Is 4/7/2022  
3.06 Property   1 Penn State Health 97.0% 334,528 80,612 253,916 2,840 3,188 247,888         6,800,000 As Is 4/4/2022  
3.07 Property   1 Carmichael MOB 89.7% 729,160 281,173 447,987 5,303 13,784 428,900         6,300,000 As Is 4/8/2022  
3.08 Property   1 Port Arthur Dialysis 59.1% 484,297 314,480 169,817 7,693 5,276 156,848         4,540,000 As Is 4/5/2022  
3.09 Property   1 Auburn Medical 95.0% 331,494 51,391 280,103 1,541 30,991 247,572         4,500,000 As Is 1/28/2022  
3.10 Property   1 Berkley Eye Institute, PA 95.0% 262,540 74,568 187,972 1,419 2,729 183,824         3,290,000 As Is 2/10/2022  
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 98.0% 15,228,360 3,036,800 12,191,560 36,991 0 12,154,569 1.66 1.66 8.6% 8.6% 240,000,000 As Is 2/14/2022 59.2%
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 83.6% 26,740,784 6,489,918 20,250,866 161,392 806,960 19,282,515 2.45 2.34 13.5% 12.9% 349,000,000 As Is 11/11/2021 43.0%
6 Loan 4, 5, 16, 19 1 360 Rosemary 95.0% 23,655,523 8,490,851 15,164,673 46,950 313,002 14,804,720 4.45 4.35 17.8% 17.4% 319,000,000 As Stabilized 12/1/2023 26.6%
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 88.7% 37,490,628 17,715,360 19,775,267 295,000 1,219,032 18,261,235 1.82 1.68 9.4% 8.7% 335,200,000 As Is 1/31/2022 62.6%
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 95.0% 29,320,118 9,216,627 20,103,491 78,388 693,116 19,331,988 1.68 1.61 8.4% 8.1% 395,000,000 As Is 2/24/2022 60.8%
9 Loan 12, 19, 27, 34 1 111 River Street 82.1% 22,541,072 9,445,383 13,095,689 0 0 13,095,689 5.08 5.08 16.9% 16.9% 244,000,000 As Is 11/15/2021 31.8%
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 95.5% 9,112,448 2,413,939 6,698,509 271,567 201,452 6,225,490 1.69 1.57 11.8% 10.9% 88,200,000 As Is Various 64.6%
10.01 Property   1 West Mifflin, PA 91.1% 2,998,311 797,681 2,200,630 62,500 81,991 2,056,139         24,560,000 As Is 4/13/2022  
10.02 Property   1 Church Hill, TN 100.0% 3,230,188 894,353 2,335,835 81,869 71,480 2,182,487         31,000,000 As Is 3/7/2022  
10.03 Property   1 Mossville, IL 100.0% 1,294,444 308,940 985,504 47,840 22,749 914,915         13,700,000 As Is 4/13/2022  
10.04 Property   1 Eldon, MO 87.7% 1,020,099 323,331 696,768 66,283 11,817 618,668         11,440,000 As Is 4/6/2022  
10.05 Property   1 Kingsport, TN 100.0% 569,405 89,633 479,772 13,075 13,414 453,282         7,500,000 As Is 3/7/2022  
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 95.0% 2,784,881 719,065 2,065,817 37,981 40,327 1,987,509 1.85 1.78 9.6% 9.2% 37,800,000 As Is 4/4/2022 56.9%
12 Loan 12, 23 1 PentaCentre Office 64.0% 9,366,051 4,909,142 4,456,909 146,831 337,744 3,972,334 1.95 1.73 13.0% 11.6% 59,500,000 As Is 3/29/2022 57.6%
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 69.4% 3,267,361 1,282,533 1,984,828 57,041 0 1,927,787 1.97 1.91 10.1% 9.8% 34,150,000 As Is Various 57.4%
13.01 Property   1 LaFollette, TN 81.0% 413,966 115,133 298,833 4,895 0 293,938         4,240,000 As Is 8/25/2021  
13.02 Property   1 Griffin, GA 68.8% 390,276 141,063 249,212 5,616 0 243,596         3,840,000 As Is 9/7/2021  
13.03 Property   1 Monteagle, TN 66.7% 321,177 124,048 197,129 6,417 0 190,712         3,930,000 As Is 9/8/2021  
13.04 Property   1 Bessemer, AL 76.1% 284,265 100,737 183,528 4,028 0 179,501         3,060,000 As Is 9/2/2021  
13.05 Property   1 Valley, AL 73.5% 314,999 106,625 208,375 5,333 0 203,042         3,120,000 As Is 9/7/2021  
13.06 Property   1 Boyle, MS 77.4% 305,530 93,994 211,536 5,413 0 206,123         2,590,000 As Is 9/8/2021  
13.07 Property   1 Elizabethton, TN 64.8% 188,236 79,545 108,690 3,886 0 104,804         2,430,000 As Is 8/25/2021  
13.08 Property   1 Panama City, FL 49.1% 233,540 157,351 76,189 3,421 0 72,768         3,180,000 As Is 9/1/2021  
13.09 Property   1 Phenix City, AL 70.2% 176,095 70,671 105,424 3,705 0 101,720         1,600,000 As Is 9/7/2021  
13.10 Property   1 Thomson, GA 66.1% 180,747 92,153 88,594 3,493 0 85,101         1,400,000 As Is 9/7/2021  
13.11 Property   1 Cleveland, GA 67.6% 164,511 63,318 101,193 3,627 0 97,566         1,500,000 As Is 9/8/2021  
13.12 Property   1 Birmingham, AL 72.2% 115,580 66,231 49,349 1,943 0 47,406         1,370,000 As Is 9/2/2021  
13.13 Property   1 Okoboji, IA 88.4% 96,512 33,667 62,845 3,930 0 58,915         980,000 As Is 9/9/2021  
13.14 Property   1 Harpersville, AL 54.3% 81,927 37,996 43,931 1,335 0 42,596         910,000 As Is 9/2/2021  
14 Loan 4 1 Wards Crossing West 95.0% 2,766,340 565,001 2,201,339 53,827 266,096 1,881,416 1.77 1.52 11.3% 9.6% 29,900,000 As Is 2/24/2022 65.2%
15 Loan 16 1 Cheshire Station 95.0% 2,345,972 538,588 1,807,384 21,011 132,315 1,654,058 2.03 1.86 10.2% 9.4% 29,600,000 As Is 2/22/2022 59.6%
16 Loan 16, 19, 28 1 Kewaunee Scientific 95.0% 1,848,365 55,451 1,792,914 62,445 0 1,730,469 2.15 2.07 10.8% 10.4% 32,000,000 As Is 1/27/2022 52.0%
17 Loan 24, 28 1 2 Riverfront Plaza 95.0% 13,859,362 3,558,666 10,300,695 67,509 506,315 9,726,872 2.17 2.05 9.4% 8.8% 182,200,000 As Is 11/12/2021 60.4%
18 Loan 2, 16 1 1901 10th Avenue 96.6% 1,432,633 366,331 1,066,302 6,750 5,125 1,054,428 1.53 1.51 8.2% 8.1% 22,300,000 As Is 4/29/2022 58.3%
19 Loan 19 1 Waikele Self-Storage Park 75.9% 2,072,784 860,477 1,212,307 0 0 1,212,307 1.48 1.48 9.7% 9.7% 22,000,000 As Is 12/1/2021 56.8%
20 Loan 26 1 Corporate Center Building G 92.6% 1,426,994 277,705 1,149,289 11,875 76,000 1,061,414 1.41 1.30 9.8% 9.0% 18,300,000 As Is 4/11/2022 64.3%
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 88.9% 1,706,748 678,229 1,028,519 13,220 0 1,015,298 1.37 1.35 9.0% 8.8% 27,780,000 As Is 3/31/2022 41.3%
22 Loan   1 Dollar Self Storage #5 - Mesa 92.4% 1,618,152 526,801 1,091,352 9,876 0 1,081,476 1.48 1.47 9.5% 9.4% 23,520,000 As Is 3/31/2022 48.8%
23 Loan 19, 23 1 Rego Park II 89.3% 2,926,275 1,323,984 1,602,291 11,450 134,648 1,456,193 2.40 2.18 14.6% 13.2% 52,800,000 As Is 3/4/2022 20.8%
24 Loan 6, 16, 19, 23 3 Longwood Industrial 94.9% 1,275,774 332,288 943,485 19,185 35,960 888,340 1.88 1.77 9.3% 8.8% 17,600,000 As Is 2/4/2022 57.5%
24.01 Property   1 Bennett Commerce Center 95.0% 594,283 147,521 446,762 8,250 20,524 417,987         8,500,000 As Is 2/4/2022  
24.02 Property   1 Midway Commerce Center 95.0% 419,093 122,504 296,589 7,800 10,060 278,729         5,400,000 As Is 2/4/2022  
24.03 Property   1 Big Tree Center 94.3% 262,398 62,264 200,134 3,135 5,376 191,623         3,700,000 As Is 2/4/2022  
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 54.9% 67,115,448 46,786,520 20,328,928 2,684,618 0 17,644,310 1.92 1.66 15.0% 13.0% 215,000,000 Various 8/1/2019 63.0%
25.01 Property   1 Travelodge - 2307 Wyoming Avenue 30.4% 2,711,065 817,152 1,893,913 108,443 0 1,785,471         15,100,000 As Is 8/1/2019  
25.02 Property   1 Travelodge - 2111 Camino Del Llano 86.6% 3,072,035 2,152,890 919,145 122,881 0 796,264         10,800,000 As Is 8/1/2019  
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way 53.7% 3,181,080 1,805,695 1,375,386 127,243 0 1,248,142         13,300,000 As Is 8/1/2019  
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive 62.8% 3,016,273 2,066,092 950,181 120,651 0 829,530         11,000,000 As Complete 8/1/2019  
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive 42.0% 2,602,337 1,907,780 694,557 104,093 0 590,464         8,700,000 As Complete 8/1/2019  
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60 53.0% 2,182,510 1,243,123 939,387 87,300 0 852,087         9,200,000 As Complete 8/1/2019  
25.07 Property   1 Travelodge - 1127 Pony Express Highway 44.5% 2,379,883 1,369,040 1,010,843 95,195 0 915,648         9,300,000 As Is 8/1/2019  
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street 87.4% 2,112,388 1,210,199 902,189 84,496 0 817,693         8,900,000 As Complete 8/1/2019  
25.09 Property   1 Travelodge - 2680 Airport Road 66.5% 1,758,101 896,849 861,252 70,324 0 790,928         5,600,000 As Is 8/1/2019  
25.10 Property   1 Super 8 - 720 Royal Parkway 45.1% 1,404,453 1,216,192 188,261 56,178 0 132,083         8,000,000 As Complete 8/1/2019  
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street 57.9% 2,510,264 1,588,108 922,156 100,411 0 821,746         9,300,000 As Complete 8/1/2019  
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway 45.9% 1,681,311 1,123,617 557,694 67,252 0 490,441         6,400,000 As Complete 8/1/2019  
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road 60.1% 1,734,082 992,690 741,392 69,363 0 672,028         6,500,000 As Complete 8/1/2019  
25.14 Property   1 Super 8 - 2545 Cornhusker Highway 40.4% 944,877 779,669 165,208 37,795 0 127,413         5,500,000 As Complete 8/1/2019  
25.15 Property   1 Travelodge - 1110 Southeast 4th Street 70.6% 1,470,254 879,023 591,231 58,810 0 532,421         6,500,000 As Is 8/1/2019  
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court 48.0% 1,522,535 971,327 551,208 60,901 0 490,307         4,500,000 As Complete 8/1/2019  
25.17 Property   1 Travelodge - 800 West Laramie Street 65.9% 1,329,377 744,390 584,987 53,175 0 531,812         4,300,000 As Is 8/1/2019  
25.18 Property   1 Travelodge - 22 North Frontage Road 64.0% 1,397,650 736,714 660,936 55,906 0 605,030         5,200,000 As Is 8/1/2019  
25.19 Property   1 Travelodge - 123 Westvaco Road 71.0% 1,419,307 935,755 483,552 56,772 0 426,780         3,700,000 As Is 8/1/2019  
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue 58.2% 1,767,031 1,129,717 637,314 70,681 0 566,633         4,200,000 As Complete 8/1/2019  
25.21 Property   1 Travelodge - 1710 Jefferson Street 25.1% 416,818 546,061 (129,243) 16,673 0 (145,916)         5,200,000 As Is 8/1/2019  
25.22 Property   1 Travelodge - 1625 Stillwater Avenue 71.6% 1,654,080 1,293,575 360,505 66,163 0 294,342         4,300,000 As Is 8/1/2019  
25.23 Property   1 Travelodge - 8233 Airline Highway 65.0% 1,107,872 655,326 452,546 44,315 0 408,231         4,200,000 As Is 8/1/2019  
25.24 Property   1 Baymont Inn & Suites - 6390 US-93 62.1% 1,289,373 829,728 459,645 51,575 0 408,071         4,000,000 As Complete 8/1/2019  
25.25 Property   1 Travelodge - 707 East Webster Street 38.3% 1,390,828 1,067,441 323,387 55,633 0 267,754         3,300,000 As Is 8/1/2019  
25.26 Property   1 Travelodge - 777 West Hwy 21 52.8% 1,452,418 1,032,809 419,609 58,097 0 361,513         3,400,000 As Is 8/1/2019  
25.27 Property   1 Travelodge - 3522 North Highway 59 30.4% 972,036 1,080,707 (108,671) 38,881 0 (147,552)         1,900,000 As Is 8/1/2019  
25.28 Property   1 Travelodge - 108 6th Avenue 64.7% 919,640 484,961 434,679 36,786 0 397,894         3,100,000 As Is 8/1/2019  

 

 

 

A-1-9

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($)  Underwritten TI / LC ($)   Underwritten Net Cash Flow ($)  Underwritten NOI DSCR (x)  Underwritten NCF DSCR (x)   Underwritten NOI Debt Yield (%)   Underwritten NCF Debt Yield (%)   Appraised Value ($)  Appraised Value Type  Appraisal Date   Cut-off Date LTV Ratio (%) 
                31   15   7, 14 7, 14 7 7 5      5,7 
25.29 Property   1 Travelodge - 2200 East South Avenue 72.4% 1,095,592 623,265 472,327 43,824 0 428,504         3,700,000 As Is 8/1/2019  
25.30 Property   1 Travelodge - 128 South Willow Road 63.1% 1,318,709 977,867 340,842 52,748 0 288,093         2,700,000 As Is 8/1/2019  
25.31 Property   1 Travelodge - 1005 Highway 285 71.1% 1,541,474 1,145,853 395,621 61,659 0 333,962         2,000,000 As Is 8/1/2019  
25.32 Property   1 Days Inn - 3431 14th Avenue South 61.3% 1,138,013 1,011,455 126,558 45,521 0 81,038         2,500,000 As Is 8/1/2019  
25.33 Property   1 Travelodge - 2505 US 69 53.9% 1,039,788 847,925 191,863 41,592 0 150,272         1,000,000 As Is 8/1/2019  
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road 58.9% 951,500 859,672 91,828 38,060 0 53,768         3,800,000 As Complete 8/1/2019  
25.35 Property   1 Travelodge - 1706 North Park Drive 79.9% 1,063,278 922,536 140,742 42,531 0 98,211         1,400,000 As Is 8/1/2019  
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street 51.1% 1,170,261 1,007,469 162,792 46,810 0 115,981         2,700,000 As Complete 8/1/2019  
25.37 Property   1 Travelodge - 1177 East 16th Street 28.8% 1,429,983 1,198,676 231,307 57,199 0 174,107         1,000,000 As Is 8/1/2019  
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road 51.8% 1,314,343 1,225,795 88,548 52,574 0 35,975         2,200,000 As Complete 8/1/2019  
25.39 Property   1 Travelodge - 2407 East Holland Avenue 61.7% 1,222,525 1,120,116 102,409 48,901 0 53,508         2,100,000 As Is 8/1/2019  
25.40 Property   1 Travelodge - 620 Souder Road 44.9% 859,598 815,609 43,989 34,384 0 9,605         800,000 As Is 8/1/2019  
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast 65.4% 1,287,145 1,164,551 122,594 51,486 0 71,109         1,900,000 As Is 8/1/2019  
25.42 Property   1 Travelodge - 109 East Commerce Street 27.1% 645,865 685,121 (39,256) 25,835 0 (65,091)         500,000 As Is 8/1/2019  
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue 69.7% 786,366 840,784 (54,418) 31,455 0 (85,873)         400,000 As Is 8/1/2019  
25.44 Property   1 Travelodge - 98 Moffat Avenue 42.2% 851,130 783,199 67,931 34,045 0 33,885         900,000 As Is 8/1/2019  
26 Loan   1 Dollar Self Storage #6 - Apache Junction  90.5% 1,393,343 457,107 936,236 10,943 0 925,293 1.55 1.53 9.9% 9.8% 21,850,000 As Is 3/31/2022 43.4%
27 Loan 2, 6, 19 3 NTG Industrial Portfolio 90.2% 1,248,614 388,955 859,658 13,129 87,531 758,998 1.64 1.45 9.7% 8.6% 14,620,000 As Is Various 60.5%
27.01 Property   1 897 12th Street 100.0% 756,278 181,902 574,376 8,829 58,860 506,687         9,910,000 As Is 1/21/2022  
27.02 Property   1 392 White Horse Pike 100.0% 341,053 75,817 265,236 1,863 12,422 250,951         2,920,000 As Is 1/21/2022  
27.03 Property   1 6727 Delilah Road 54.3% 151,283 131,236 20,046 2,437 16,249 1,360         1,790,000 As Is 1/23/2022  
28 Loan   1 Hayward Storage 90.0% 1,069,792 438,644 631,149 8,862 0 622,286 1.77 1.74 8.2% 8.1% 14,000,000 As Is 1/13/2022 55.0%
29 Loan 16, 17, 20, 28 1 Waygate Technologies 95.0% 782,233 52,990 729,243 0 0 729,243 2.27 2.27 10.0% 10.0% 13,300,000 As Is 4/20/2022 55.0%
30 Loan 16 1 Westcliff Plaza 89.8% 878,974 189,801 689,173 9,059 35,540 644,574 1.39 1.30 9.6% 9.0% 11,200,000 As Is 3/28/2022 63.8%
31 Loan   1 The Shoppes at Seven Oaks 84.2% 1,223,118 435,200 787,918 10,533 40,551 736,834 2.56 2.40 13.1% 12.3% 10,500,000 As Is 4/25/2022 57.1%
32 Loan 16 1 Cooper Commerce Center 95.0% 857,900 293,754 564,146 6,578 15,000 542,568 1.88 1.81 9.8% 9.4% 9,400,000 As Is 3/10/2022 61.4%
33 Loan 34 1 Mini U Storage - Woodbridge 83.0% 943,330 417,511 525,820 5,808 0 520,012 1.63 1.61 9.3% 9.2% 10,650,000 As Is 5/4/2022 52.8%
34 Loan   1 Marina Village 74.2% 1,017,289 559,396 457,893 12,350 0 445,543 1.54 1.50 9.9% 9.6% 9,200,000 As Is 3/10/2022 50.4%
35 Loan 7 1 Lakeview Storage 94.3% 537,079 166,473 370,606 12,221 0 358,385 1.27 1.23 9.9% 9.6% 7,410,000 As Is 5/9/2022 50.6%
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 95.0% 857,338 165,468 691,870 10,314 13,867 667,690 2.35 2.26 16.2% 15.6% 8,300,000 As Is 2/28/2022 51.5%
37 Loan 12, 16 1 Beverly Industrial Park 92.6% 714,953 176,362 538,592 9,381 37,835 491,375 2.51 2.29 13.1% 12.0% 5,920,000 As Is 3/2/2022 69.3%
38 Loan   1 Storage Crib 81.0% 500,006 229,673 270,333 12,514 0 257,819 2.08 1.98 10.1% 9.7% 4,300,000 As Is 10/22/2021 62.1%

 

 

 

A-1-10

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  LTV Ratio at Maturity / ARD (%)   Leased Occupancy (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant   Largest Tenant SF   Largest Tenant % of NRA  Largest Tenant Lease Expiration Date Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date
           5,7   3,4       4,21,22,23,28         4,21,22,23,28       
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 33.3% 96.4% 3/1/2022                  
1.01 Property   1 Yorkshire Towers   96.3% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.02 Property   1 Lexington Towers   96.9% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 58.8% 100.0% 6/1/2022 No IDEO 119,513 69.4% 4/30/2034 Embark Trucks 52,815 30.6% 7/31/2029
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 57.6% 92.8% Various                  
3.01 Property   1 Walgreens - Las Vegas   100.0% 5/19/2022 Yes Walgreens 18,100 100.0% 3/31/2040 NAP NAP NAP NAP
3.02 Property   1 Waystar Building   100.0% 5/19/2022 Yes Waystar Technologies, Inc. 128,710 100.0% 1/31/2034 NAP NAP NAP NAP
3.03 Property   1 Fresenius Kidney Care   100.0% 5/19/2022 Yes Fresenius Kidney Care 10,075 100.0% 5/31/2034 NAP NAP NAP NAP
3.04 Property   1 Tower Health   100.0% 5/19/2022 Yes Tower Health Medical Group 11,000 100.0% 9/30/2036 NAP NAP NAP NAP
3.05 Property   1 New Orleans MOB   100.0% 4/1/2022 No East Jefferson General Hospital 15,547 71.9% 7/31/2024 The Administrators of Tulane Educational Fund 4,085 18.9% 5/31/2025
3.06 Property   1 Penn State Health   100.0% 5/19/2022 Yes St. Joseph Regional Health Network (Penn State Health) 14,200 100.0% 2/28/2035 NAP NAP NAP NAP
3.07 Property   1 Carmichael MOB   89.2% 4/1/2022 No Keller Williams 6,049 22.8% 4/30/2036 Oral Surgery Center 205 4,958 18.7% 8/31/2025
3.08 Property   1 Port Arthur Dialysis   54.5% 4/1/2022 No Renal Center of Port Arthur, LLC (DaVita) 12,217 31.8% 7/31/2036 Southeast Texas Nephrology Associates 6,023 15.7% 4/30/2025
3.09 Property   1 Auburn Medical   100.0% 5/19/2022 Yes Access Ambulatory Surgery Center 7,704 100.0% 10/31/2032 NAP NAP NAP NAP
3.10 Property   1 Berkley Eye Institute, PA   100.0% 5/19/2022 Yes Berkeley Eye Institute, P.A. 7,097 100.0% 10/31/2036 NAP NAP NAP NAP
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 59.2% 100.0% 4/8/2022 Yes Amazon.com Services LLC 246,606 100.0% 9/30/2032 NAP NAP NAP NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 43.0% 78.3% 2/21/2022 No County of Los Angeles-Dept. of Children & Family Services 204,484 25.3% 4/30/2030 Maker City LA, LLC 148,908 18.5% 5/31/2035
6 Loan 4, 5, 16, 19 1 360 Rosemary 26.6% 95.9% 12/1/2021 No New Day 56,048 17.9% 12/31/2032 Goldman Sachs 39,757 12.7% 9/30/2032
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 62.6% 90.5% 2/1/2022 No iCIMS, Inc. 331,378 24.2% 11/30/2032 Guardian Life Insurance Company of America 91,319 6.7% 12/31/2032
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 60.8% 100.0% 2/15/2022 No The New School 212,800 61.5% 6/30/2030 CapGemini America, Inc. 64,500 18.7% 9/30/2037
9 Loan 12, 19, 27, 34 1 111 River Street 31.8% 82.6% 1/1/2022 No John Wiley & Sons Inc. 293,633 52.6% 3/31/2033 Sumitomo Mitsui Trust Bank 38,134 6.8% 1/31/2024
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 60.2% 95.8% Various                  
10.01 Property   1 West Mifflin, PA   91.5% 4/12/2022 No Anex Warehouse 136,492 21.8% MTM Eby Brown Leasing LLC 92,777 14.8% 7/31/2024
10.02 Property   1 Church Hill, TN   100.0% 4/12/2022 No Northern Safety Co. Inc. 234,009 28.6% 10/31/2026 Phoenix Logistics 165,456 20.2% 3/31/2025
10.03 Property   1 Mossville, IL   100.0% 5/10/2022 Yes Superior Consolidated 478,400 100.0% 12/31/2025 NAP NAP NAP NAP
10.04 Property   1 Eldon, MO   83.5% 4/12/2022 No Adient US LLC 230,669 83.5% 4/30/2024 NAP NAP NAP NAP
10.05 Property   1 Kingsport, TN   100.0% 5/10/2022 Yes Phoenix Logistics 130,751 100.0% 6/30/2029 NAP NAP NAP NAP
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 56.9% 100.0% 4/20/2022 Yes Fleet Farm Group 189,905 100.0% 5/27/2039 NAP NAP NAP NAP
12 Loan 12, 23 1 PentaCentre Office 47.9% 61.6% 4/1/2022 No Midland Credit Management, Inc. 93,516 12.7% 4/30/2025 One10, LLC 51,227 7.0% 8/31/2029
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 57.4% 79.5% Various                  
13.01 Property   1 LaFollette, TN   90.8% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 Griffin, GA   77.3% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.03 Property   1 Monteagle, TN   74.4% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.04 Property   1 Bessemer, AL   83.5% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.05 Property   1 Valley, AL   81.9% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.06 Property   1 Boyle, MS   85.6% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.07 Property   1 Elizabethton, TN   74.2% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.08 Property   1 Panama City, FL   65.4% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.09 Property   1 Phenix City, AL   75.3% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.10 Property   1 Thomson, GA   74.4% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.11 Property   1 Cleveland, GA   77.0% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.12 Property   1 Birmingham, AL   80.3% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.13 Property   1 Okoboji, IA   89.9% 3/3/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.14 Property   1 Harpersville, AL   75.8% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 4 1 Wards Crossing West 60.1% 99.4% 4/1/2022 No Kohls (Ground Lease) 88,925 43.7% 1/31/2027 Ross 30,187 14.8% 1/31/2028
15 Loan 16 1 Cheshire Station 59.6% 97.6% 5/10/2022 No Safeway 55,163 52.5% 4/30/2027 Petco 12,000 11.4% 1/31/2028
16 Loan 16, 19, 28 1 Kewaunee Scientific 52.0% 100.0% 3/24/2022 Yes Kewaunee Scientific Corporation 416,299 100.0% 3/31/2042 NAP NAP NAP NAP
17 Loan 24, 28 1 2 Riverfront Plaza 60.4% 100.0% 12/8/2021 Yes Panasonic Corporation of North America 337,543 100.0% 4/30/2031 NAP NAP NAP NAP
18 Loan 2, 16 1 1901 10th Avenue 58.3% 100.0% 5/23/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 19 1 Waikele Self-Storage Park 56.8% 81.0% 5/2/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 26 1 Corporate Center Building G 54.1% 100.0% 5/1/2022 No Berkshire Hathaway Home Services (Americana, LLC) 25,750 54.2% 7/31/2027 Encore Productions 15,750 33.2% 12/31/2027
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 34.2% 88.3% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Dollar Self Storage #5 - Mesa 40.1% 95.1% 4/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 19, 23 1 Rego Park II 17.8% 92.9% 4/20/2022 No Duane Reade 6,788 11.9% 1/31/2030 Prabesh Inc 3,780 6.6% 3/31/2031
24 Loan 6, 16, 19, 23 3 Longwood Industrial 57.5% 99.1% 1/1/2022                  
24.01 Property   1 Bennett Commerce Center   100.0% 1/1/2022 No OpenJaus, LLC 5,500 10.0% 7/31/2022 Forthofer Marketing, Inc. 2,750 5.0% 1/31/2024
24.02 Property   1 Midway Commerce Center   100.0% 1/1/2022 No Incon Industries 20,000 38.5% 12/31/2022 Precision Door (BW Brevard Holdings) (ACH) 12,000 23.1% 12/31/2024
24.03 Property   1 Big Tree Center   94.3% 1/1/2022 No Auvidatel, Inc. 3,933 18.8% 7/31/2022 Florida Dermal Institute 2,400 11.5% 5/31/2025
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 46.7% 54.9% 3/31/2022                  
25.01 Property   1 Travelodge - 2307 Wyoming Avenue   30.4% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.02 Property   1 Travelodge - 2111 Camino Del Llano   86.6% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way   53.7% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive   62.8% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive   42.0% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60   53.0% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.07 Property   1 Travelodge - 1127 Pony Express Highway   44.5% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street   87.4% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.09 Property   1 Travelodge - 2680 Airport Road   66.5% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.10 Property   1 Super 8 - 720 Royal Parkway   45.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street   57.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway   45.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road   60.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.14 Property   1 Super 8 - 2545 Cornhusker Highway   40.4% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.15 Property   1 Travelodge - 1110 Southeast 4th Street   70.6% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court   48.0% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.17 Property   1 Travelodge - 800 West Laramie Street   65.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.18 Property   1 Travelodge - 22 North Frontage Road   64.0% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.19 Property   1 Travelodge - 123 Westvaco Road   71.0% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue   58.2% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.21 Property   1 Travelodge - 1710 Jefferson Street   25.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.22 Property   1 Travelodge - 1625 Stillwater Avenue   71.6% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.23 Property   1 Travelodge - 8233 Airline Highway   65.0% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.24 Property   1 Baymont Inn & Suites - 6390 US-93   62.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.25 Property   1 Travelodge - 707 East Webster Street   38.3% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.26 Property   1 Travelodge - 777 West Hwy 21   52.8% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.27 Property   1 Travelodge - 3522 North Highway 59   30.4% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.28 Property   1 Travelodge - 108 6th Avenue   64.7% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

A-1-11

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  LTV Ratio at Maturity / ARD (%)   Leased Occupancy (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant   Largest Tenant SF   Largest Tenant % of NRA  Largest Tenant Lease Expiration Date Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date
           5,7   3,4       4,21,22,23,28         4,21,22,23,28       
25.29 Property   1 Travelodge - 2200 East South Avenue   72.4% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.30 Property   1 Travelodge - 128 South Willow Road   63.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.31 Property   1 Travelodge - 1005 Highway 285   71.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.32 Property   1 Days Inn - 3431 14th Avenue South   61.3% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.33 Property   1 Travelodge - 2505 US 69   53.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road   58.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.35 Property   1 Travelodge - 1706 North Park Drive   79.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street   51.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.37 Property   1 Travelodge - 1177 East 16th Street   28.8% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road   51.8% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.39 Property   1 Travelodge - 2407 East Holland Avenue   61.7% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.40 Property   1 Travelodge - 620 Souder Road   44.9% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast   65.4% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.42 Property   1 Travelodge - 109 East Commerce Street   27.1% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue   69.7% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.44 Property   1 Travelodge - 98 Moffat Avenue   42.2% 3/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan   1 Dollar Self Storage #6 - Apache Junction  35.6% 90.8% 4/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio 60.5% 92.7% 2/1/2022                  
27.01 Property   1 897 12th Street   100.0% 2/1/2022 No Univers / AON  28,860 49.0% 7/31/2023 Gino Pinto Inc  25,000 42.5% 3/31/2027
27.02 Property   1 392 White Horse Pike   100.0% 2/1/2022 No Liberty Dialysis / Fresenius 8,400 67.6% 8/31/2024 Enterprise Engineering 2,972 23.9% 6/30/2023
27.03 Property   1 6727 Delilah Road   60.8% 2/1/2022 No Hi Tec Systems / EIT Inc 5,100 31.4% 12/31/2022 Utility Lines Services 4,007 24.7% 12/31/2022
28 Loan   1 Hayward Storage 55.0% 95.4% 3/7/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies 55.0% 100.0% 5/27/2022 Yes Waygate Technologies 73,820 100.0% 6/30/2031 NAP NAP NAP NAP
30 Loan 16 1 Westcliff Plaza 53.6% 100.0% 5/1/2022 No NV Heart & Vascular Westcliff 8,592 23.7% 12/31/2030 Pokroy Medical Group of NV LTD 4,995 13.8% 2/28/2023
31 Loan   1 The Shoppes at Seven Oaks 57.1% 83.8% 2/28/2022 No The Shack Restaurant Group 5,416 10.3% 6/30/2027 Corner Pub & Grill - FGB Group 4,500 8.5% 10/31/2030
32 Loan 16 1 Cooper Commerce Center 61.4% 100.0% 4/13/2022 No CarGroup Holdings, LLC 4,725 10.8% 1/31/2025 Stone Works & Design, LLC 3,025 6.9% 11/30/2024
33 Loan 34 1 Mini U Storage - Woodbridge 52.8% 89.7% 4/27/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan   1 Marina Village 41.5% 78.1% 2/25/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 7 1 Lakeview Storage 61.4% 98.6% 5/14/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 49.5% 97.6% 6/2/2022 No Big Lots 25,000 26.7% 4/30/2026 Badcock Furniture 20,000 21.3% 11/30/2024
37 Loan 12, 16 1 Beverly Industrial Park 69.3% 93.3% 2/8/2022 No Deathwish Inc. 10,374 17.7% 5/31/2029 Boston Fence 7,179 12.2% 10/31/2024
38 Loan   1 Storage Crib 62.1% 91.5% 3/1/2022 NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

A-1-12

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date
           4,21,22,23,28         4,21,22,23,28         4,21,22,23, 28       
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers                        
1.01 Property   1 Yorkshire Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.02 Property   1 Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio                        
3.01 Property   1 Walgreens - Las Vegas NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.02 Property   1 Waystar Building NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.03 Property   1 Fresenius Kidney Care NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.04 Property   1 Tower Health NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.05 Property   1 New Orleans MOB Kristoffer A Norbo DDS,MSD,PC 1,987 9.2% 6/30/2025 NAP NAP NAP NAP NAP NAP NAP NAP
3.06 Property   1 Penn State Health NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.07 Property   1 Carmichael MOB Dermatology Associates of WI 210 3,211 12.1% 7/31/2023 Periodontal Center 100 2,763 10.4% 12/31/2031 JUUL Labs 2,090 7.9% 2/28/2024
3.08 Property   1 Port Arthur Dialysis Southeast Texas Nephrology Associates - Storage 2,735 7.1% 4/30/2025 NAP NAP NAP NAP NAP NAP NAP NAP
3.09 Property   1 Auburn Medical NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.10 Property   1 Berkley Eye Institute, PA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef Shipfront LLC 62,124 7.7% 8/31/2035 Stephen Jewelry, Inc. 31,956 4.0% 12/31/2022 PHR LA Mart, LLC 25,876 3.2% 12/31/2022
6 Loan 4, 5, 16, 19 1 360 Rosemary Comvest 39,119 12.5% 3/31/2033 Elliott Mgmt 26,662 8.5% 9/30/2033 Related Southeast 17,707 5.7% 7/31/2032
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works WorkWave LLC 71,667 5.2% 5/27/2029 Jersey Central Power & Light Company 69,870 5.1% 12/31/2027 International Flavors & Fragrances, L.P. 60,104 4.4% 9/30/2033
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue Hulu LLC 40,106 11.6% 5/31/2025 Citibank, N.A.  14,872 4.3% 4/30/2028 Coach Inc 7,073 2.0% 1/31/2024
9 Loan 12, 19, 27, 34 1 111 River Street Crunch Holdings LLC 21,196 3.8% 8/31/2029 Burgiss Group LLC The 19,018 3.4% 11/30/2026 Educationdynamics LLC 18,063 3.2% 8/31/2029
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII                        
10.01 Property   1 West Mifflin, PA Exclusive Services, Inc. 34,224 5.5% 9/30/2022 The Blessing Board 29,009 4.6% 12/31/2031 The Coffee Tree Roasters Corp. 28,800 4.6% 4/30/2027
10.02 Property   1 Church Hill, TN Universal Forest Products 149,575 18.3% 12/31/2023 Cardinal FG Company 125,759 15.4% 12/31/2022 Bindtech 100,000 12.2% 12/31/2022
10.03 Property   1 Mossville, IL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.04 Property   1 Eldon, MO NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.05 Property   1 Kingsport, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 12, 23 1 PentaCentre Office J.D. Power 31,149 4.2% 1/31/2027 EASI, LLC 23,464 3.2% 1/31/2026 Pulte Home Company, LLC 21,411 2.9% 9/30/2027
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio                        
13.01 Property   1 LaFollette, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 Griffin, GA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.03 Property   1 Monteagle, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.04 Property   1 Bessemer, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.05 Property   1 Valley, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.06 Property   1 Boyle, MS NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.07 Property   1 Elizabethton, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.08 Property   1 Panama City, FL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.09 Property   1 Phenix City, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.10 Property   1 Thomson, GA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.11 Property   1 Cleveland, GA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.12 Property   1 Birmingham, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.13 Property   1 Okoboji, IA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.14 Property   1 Harpersville, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 4 1 Wards Crossing West Burlington 24,633 12.1% 2/28/2032 Old Navy 18,800 9.2% 2/28/2027 Five Below 7,732 3.8% 1/31/2025
15 Loan 16 1 Cheshire Station VA ABC 6,300 6.0% 8/31/2026 AutoZone 5,400 5.1% 5/31/2023 Sherwin Williams 4,821 4.6% 4/30/2023
16 Loan 16, 19, 28 1 Kewaunee Scientific NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 24, 28 1 2 Riverfront Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 2, 16 1 1901 10th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 19 1 Waikele Self-Storage Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 26 1 Corporate Center Building G New Beginnings OBGYN 6,000 12.6% 8/31/2025 NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 16 1 Dollar Self Storage #21 - Goodyear NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Dollar Self Storage #5 - Mesa NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 19, 23 1 Rego Park II Dollar Green, Inc 3,600 6.3% 1/31/2031 Presidental Care (Figueroa DDS) 3,600 6.3% 4/30/2026 Falcon Imports, Inc. 3,600 6.3% 8/31/2023
24 Loan 6, 16, 19, 23 3 Longwood Industrial                        
24.01 Property   1 Bennett Commerce Center One Life Solutions, LLC 2,750 5.0% 10/31/2022 BRIESA, Inc. 2,750 5.0% 7/31/2024 Peru Unlimited, Corp. 2,750 5.0% 12/31/2022
24.02 Property   1 Midway Commerce Center Premier Landscape Management 8,000 15.4% 11/30/2024 Traffic Supply 6,000 11.5% 12/31/2024 Marable Studios Art Company 6,000 11.5% 5/31/2024
24.03 Property   1 Big Tree Center Protect Alert Emergency Call Systems 1,280 6.1% 7/31/2024 TJ Consulting Svcs, LLC / The Glass Guru Altamonte 1,250 6.0% 1/31/2023 Telecom Elite, Inc. 1,239 5.9% 8/31/2022
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio                        
25.01 Property   1 Travelodge - 2307 Wyoming Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.02 Property   1 Travelodge - 2111 Camino Del Llano NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.07 Property   1 Travelodge - 1127 Pony Express Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.09 Property   1 Travelodge - 2680 Airport Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.10 Property   1 Super 8 - 720 Royal Parkway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.14 Property   1 Super 8 - 2545 Cornhusker Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.15 Property   1 Travelodge - 1110 Southeast 4th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.17 Property   1 Travelodge - 800 West Laramie Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.18 Property   1 Travelodge - 22 North Frontage Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.19 Property   1 Travelodge - 123 Westvaco Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.21 Property   1 Travelodge - 1710 Jefferson Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.22 Property   1 Travelodge - 1625 Stillwater Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.23 Property   1 Travelodge - 8233 Airline Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.24 Property   1 Baymont Inn & Suites - 6390 US-93 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.25 Property   1 Travelodge - 707 East Webster Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.26 Property   1 Travelodge - 777 West Hwy 21 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.27 Property   1 Travelodge - 3522 North Highway 59 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.28 Property   1 Travelodge - 108 6th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

A-1-13

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date
           4,21,22,23,28         4,21,22,23,28         4,21,22,23, 28       
25.29 Property   1 Travelodge - 2200 East South Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.30 Property   1 Travelodge - 128 South Willow Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.31 Property   1 Travelodge - 1005 Highway 285 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.32 Property   1 Days Inn - 3431 14th Avenue South NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.33 Property   1 Travelodge - 2505 US 69 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.35 Property   1 Travelodge - 1706 North Park Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.37 Property   1 Travelodge - 1177 East 16th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.39 Property   1 Travelodge - 2407 East Holland Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.40 Property   1 Travelodge - 620 Souder Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.42 Property   1 Travelodge - 109 East Commerce Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25.44 Property   1 Travelodge - 98 Moffat Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan   1 Dollar Self Storage #6 - Apache Junction  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio                        
27.01 Property   1 897 12th Street SJ Energy / HomeServeUSA 5,000 8.5% 10/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP
27.02 Property   1 392 White Horse Pike Dr Stuart Honick 1,050 8.5% 3/31/2023 NAP NAP NAP NAP NAP NAP NAP NAP
27.03 Property   1 6727 Delilah Road Alijan 775 4.8% 12/31/2022 NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan   1 Hayward Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 16 1 Westcliff Plaza Las Fyzical, LLC. 4,880 13.5% 7/31/2025 R. Cree Hamilton, DDS, MS, PC 4,620 12.7% 10/31/2023 Center for Wellness & Pain Care 4,028 11.1% 11/30/2027
31 Loan   1 The Shoppes at Seven Oaks Tavern Kitchen & Bar - JBJ Group 4,500 8.5% 1/31/2031 Nimoli LLC 3,850 7.3% 8/31/2027 Richards Veterinary Services 3,426 6.5% 4/30/2027
32 Loan 16 1 Cooper Commerce Center Upchurch Management Company, Inc. 3,025 6.9% 10/31/2023 CRKroger Corporation 3,025 6.9% 10/31/2024 Coral Ridge Enterprises, Inc. 3,025 6.9% 9/30/2024
33 Loan 34 1 Mini U Storage - Woodbridge NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan   1 Marina Village NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 7 1 Lakeview Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners Home Expo 13,106 14.0% 4/30/2027 Dollar Tree 11,950 12.7% 1/31/2027 Tuesday Morning 9,967 10.6% 1/31/2023
37 Loan 12, 16 1 Beverly Industrial Park United Federation of Churches 6,410 10.9% 8/4/2026 Classic Rock Stones Inc. 6,180 10.5% 9/30/2023 New Standard Sports 4,863 8.3% 3/31/2024
38 Loan   1 Storage Crib NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

A-1-14

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($)
                                18 19
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers                        5,390,917 898,486
1.01 Property   1 Yorkshire Towers 2/3/2022 NAP 1/19/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
1.02 Property   1 Lexington Towers 1/19/2022 NAP 1/19/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 3/28/2022 NAP 3/25/2022 3/31/2022 19% No Fee NAP NAP  NAP  NAP 289,274 72,319
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio                        141,309 30,220
3.01 Property   1 Walgreens - Las Vegas 4/26/2022 NAP 4/26/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
3.02 Property   1 Waystar Building 3/25/2022 NAP 3/25/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
3.03 Property   1 Fresenius Kidney Care 7/9/2021 NAP 7/9/2021 7/9/2021 17% No Fee NAP NAP  NAP  NAP    
3.04 Property   1 Tower Health 3/28/2022 NAP 3/28/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
3.05 Property   1 New Orleans MOB 3/11/2022 NAP 3/11/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
3.06 Property   1 Penn State Health 3/28/2022 NAP 3/28/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
3.07 Property   1 Carmichael MOB 8/30/2021 NAP 8/30/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
3.08 Property   1 Port Arthur Dialysis 6/23/2021 NAP 6/21/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
3.09 Property   1 Auburn Medical 7/14/2021 NAP 7/14/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
3.10 Property   1 Berkley Eye Institute, PA 10/1/2021 NAP 10/1/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 2/10/2022 NAP 2/24/2022 2/10/2022 7% No Fee NAP NAP  NAP  NAP 116,072 72,545
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 3/11/2022 NAP 3/11/2022 3/10/2022 13% No Fee NAP NAP  NAP  NAP 205,149 68,383
6 Loan 4, 5, 16, 19 1 360 Rosemary 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP  NAP  NAP 0 Springing
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 2/14/2022 NAP 2/14/2022 NAP NAP No Fee NAP NAP  NAP  NAP 617,834 308,917
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 3/1/2022 NAP 3/4/2022 NAP NAP No Fee NAP NAP  NAP  NAP 2,815,969 469,328
9 Loan 12, 19, 27, 34 1 111 River Street 12/21/2021 NAP 10/26/2021 NAP NAP Yes - AE Leasehold 9/30/2098 None                                             1,502,800 Yes 122,519 138,561
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII                        136,487 35,040
10.01 Property   1 West Mifflin, PA 9/13/2021 NAP 6/23/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
10.02 Property   1 Church Hill, TN 2/24/2022 NAP 2/24/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
10.03 Property   1 Mossville, IL 9/13/2021 NAP 6/25/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
10.04 Property   1 Eldon, MO 9/13/2021 NAP 6/25/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
10.05 Property   1 Kingsport, TN 2/24/2022 NAP 2/22/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 4/3/2022 NAP 3/28/2022 NAP NAP No Fee NAP NAP  NAP  NAP 0 Springing
12 Loan 12, 23 1 PentaCentre Office 4/1/2022 NAP 4/19/2022 NAP NAP No Fee NAP NAP  NAP  NAP 685,659 114,277
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio                        69,772 12,914
13.01 Property   1 LaFollette, TN 9/15/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.02 Property   1 Griffin, GA 9/13/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.03 Property   1 Monteagle, TN 9/7/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.04 Property   1 Bessemer, AL 9/10/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.05 Property   1 Valley, AL 9/7/2021 and 9/14/2021 NAP 9/15/2021 and 9/14/2021 NAP NAP Yes - A Fee NAP NAP  NAP  NAP    
13.06 Property   1 Boyle, MS 9/15/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.07 Property   1 Elizabethton, TN 9/15/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.08 Property   1 Panama City, FL 9/15/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.09 Property   1 Phenix City, AL 9/7/2021 NAP 9/15/2021 NAP NAP Yes - A Fee NAP NAP  NAP  NAP    
13.10 Property   1 Thomson, GA 10/12/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.11 Property   1 Cleveland, GA 9/10/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.12 Property   1 Birmingham, AL 9/15/2021 NAP 9/15/2021 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP    
13.13 Property   1 Okoboji, IA 9/14/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
13.14 Property   1 Harpersville, AL 9/10/2021 NAP 9/15/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
14 Loan 4 1 Wards Crossing West 3/17/2022 NAP 3/16/2022 NAP NAP No Fee NAP NAP  NAP  NAP 122,845 20,474
15 Loan 16 1 Cheshire Station 2/25/2022 NAP 2/25/2022 NAP NAP No Fee NAP NAP  NAP  NAP 160,260 22,894
16 Loan 16, 19, 28 1 Kewaunee Scientific 1/20/2022 3/10/2022 2/2/2022 NAP NAP No Fee NAP NAP  NAP  NAP 0 Springing
17 Loan 24, 28 1 2 Riverfront Plaza 11/18/2021 NAP 11/19/2021 NAP NAP No Fee NAP NAP  NAP  NAP 0 0
18 Loan 2, 16 1 1901 10th Avenue 5/6/2022 NAP 5/6/2022 NAP NAP No Fee NAP NAP  NAP  NAP 0 19,716
19 Loan 19 1 Waikele Self-Storage Park 5/20/2022 NAP 1/28/2022 NAP NAP No Fee NAP NAP  NAP  NAP 162,765 23,252
20 Loan 26 1 Corporate Center Building G 4/22/2022 NAP 4/22/2022 NAP NAP No Fee NAP NAP  NAP  NAP 23,302 5,825
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 4/8/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP  NAP  NAP 50,853 12,713
22 Loan   1 Dollar Self Storage #5 - Mesa 4/8/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP  NAP  NAP 27,424 6,856
23 Loan 19, 23 1 Rego Park II 4/5/2022 NAP 4/4/2022 NAP NAP No Fee NAP NAP  NAP  NAP 276,123 56,640
24 Loan 6, 16, 19, 23 3 Longwood Industrial                        49,165 8,194
24.01 Property   1 Bennett Commerce Center 3/29/2021 NAP 3/31/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
24.02 Property   1 Midway Commerce Center 3/30/2021 NAP 3/31/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
24.03 Property   1 Big Tree Center 3/31/2021 NAP 3/31/2021 NAP NAP No Fee NAP NAP  NAP  NAP    
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio                        436,502 160,955
25.01 Property   1 Travelodge - 2307 Wyoming Avenue 4/9/2019 NAP 8/19/2019 NAP NAP No Fee / Leasehold 1/30/2028 None                                                   30,000 No    
25.02 Property   1 Travelodge - 2111 Camino Del Llano 4/3/2019 NAP 4/5/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way 4/3/2019 NAP 4/4/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive 4/3/2019 NAP 4/2/2019 11/26/2019 5% No Fee NAP NAP  NAP  NAP    
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive 4/10/2019 NAP 4/22/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60 4/5/2019 NAP 4/5/2019 11/26/2019 9% No Fee NAP NAP  NAP  NAP    
25.07 Property   1 Travelodge - 1127 Pony Express Highway 4/10/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street 4/5/2019 NAP 4/18/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.09 Property   1 Travelodge - 2680 Airport Road 4/9/2019 NAP 4/10/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.10 Property   1 Super 8 - 720 Royal Parkway 4/12/2019 NAP 4/22/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street 4/5/2019 NAP 4/18/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway 4/4/2019 NAP 4/5/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road 4/22/2019 NAP 4/23/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.14 Property   1 Super 8 - 2545 Cornhusker Highway 4/12/2019 NAP 4/22/2019 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP    
25.15 Property   1 Travelodge - 1110 Southeast 4th Street 4/11/2019 NAP 4/22/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court 4/4/2019 NAP 4/2/2019 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP    
25.17 Property   1 Travelodge - 800 West Laramie Street 4/9/2019 NAP 4/9/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.18 Property   1 Travelodge - 22 North Frontage Road 4/11/2019 NAP 4/23/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.19 Property   1 Travelodge - 123 Westvaco Road 4/10/2019 NAP 4/22/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue 4/10/2019 NAP 4/4/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.21 Property   1 Travelodge - 1710 Jefferson Street 4/9/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.22 Property   1 Travelodge - 1625 Stillwater Avenue 4/8/2019 NAP 4/18/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.23 Property   1 Travelodge - 8233 Airline Highway 4/8/2019 NAP 4/9/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.24 Property   1 Baymont Inn & Suites - 6390 US-93 4/22/2019 NAP 4/22/2019 11/26/2019 7% No Fee NAP NAP  NAP  NAP    
25.25 Property   1 Travelodge - 707 East Webster Street 4/11/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.26 Property   1 Travelodge - 777 West Hwy 21 4/10/2019 NAP 4/19/2019 NAP NAP Yes - D Fee NAP NAP  NAP  NAP    
25.27 Property   1 Travelodge - 3522 North Highway 59 4/9/2019 NAP 4/18/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.28 Property   1 Travelodge - 108 6th Avenue 4/9/2019 NAP 4/5/2019 NAP NAP No Fee NAP NAP  NAP  NAP    

 

 

 

A-1-15

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($)
                                18 19
25.29 Property   1 Travelodge - 2200 East South Avenue 4/10/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.30 Property   1 Travelodge - 128 South Willow Road 4/11/2019 NAP 4/19/2019 NAP NAP Yes - AO Fee NAP NAP  NAP  NAP    
25.31 Property   1 Travelodge - 1005 Highway 285 4/11/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.32 Property   1 Days Inn - 3431 14th Avenue South 4/12/2019 NAP 4/22/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.33 Property   1 Travelodge - 2505 US 69 4/9/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road 4/15/2019 NAP 4/11/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.35 Property   1 Travelodge - 1706 North Park Drive 4/5/2019 NAP 4/19/2019 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP    
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street 4/5/2019 NAP 4/18/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.37 Property   1 Travelodge - 1177 East 16th Street 4/11/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road 4/8/2019 NAP 4/8/2019 10/8/2019 8% No Fee NAP NAP  NAP  NAP    
25.39 Property   1 Travelodge - 2407 East Holland Avenue 4/5/2019 NAP 4/5/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.40 Property   1 Travelodge - 620 Souder Road 4/8/2019 NAP 4/11/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast 4/5/2019 NAP 4/18/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.42 Property   1 Travelodge - 109 East Commerce Street 4/10/2019 NAP 4/19/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue 4/22/2019 NAP 4/8/2019 10/8/2019 4% No Fee NAP NAP  NAP  NAP    
25.44 Property   1 Travelodge - 98 Moffat Avenue 4/11/2019 NAP 4/22/2019 NAP NAP No Fee NAP NAP  NAP  NAP    
26 Loan   1 Dollar Self Storage #6 - Apache Junction  4/8/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP  NAP  NAP 19,201 4,800
27 Loan 2, 6, 19 3 NTG Industrial Portfolio                        61,887 15,472
27.01 Property   1 897 12th Street 1/28/2022 NAP 1/20/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
27.02 Property   1 392 White Horse Pike 1/18/2022 NAP 1/20/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
27.03 Property   1 6727 Delilah Road 1/18/2022 NAP 1/20/2022 NAP NAP No Fee NAP NAP  NAP  NAP    
28 Loan   1 Hayward Storage 1/28/2022 NAP 1/27/2022 2/3/2022 18% No Fee NAP NAP  NAP  NAP 23,054 11,527
29 Loan 16, 17, 20, 28 1 Waygate Technologies 4/20/2022 NAP 4/19/2022 NAP NAP No Fee NAP NAP  NAP  NAP 0 Springing
30 Loan 16 1 Westcliff Plaza 4/11/2022 NAP 4/11/2022 NAP NAP No Fee NAP NAP  NAP  NAP 9,537 2,384
31 Loan   1 The Shoppes at Seven Oaks 5/4/2022 NAP 5/4/2022 NAP NAP No Fee NAP NAP  NAP  NAP 157,360 19,670
32 Loan 16 1 Cooper Commerce Center 6/30/2021 7/2/2021 4/5/2022 NAP NAP Yes - AH Fee NAP NAP  NAP  NAP 54,316 7,759
33 Loan 34 1 Mini U Storage - Woodbridge 4/29/2022 NAP 4/29/2022 NAP NAP No Fee NAP NAP  NAP  NAP 16,374 8,187
34 Loan   1 Marina Village 3/17/2022 NAP 3/16/2022 NAP NAP No Fee NAP NAP  NAP  NAP 23,921 7,974
35 Loan 7 1 Lakeview Storage 11/1/2021 NAP 11/3/2021 5/19/2022 9% No Fee NAP NAP  NAP  NAP 44,381 6,340
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 3/8/2022 NAP 3/8/2022 NAP NAP No Fee NAP NAP  NAP  NAP 32,623 5,826
37 Loan 12, 16 1 Beverly Industrial Park 12/13/2021 NAP 12/16/2021 NAP NAP No Fee NAP NAP  NAP  NAP 15,434 7,717
38 Loan   1 Storage Crib 4/30/2021; 5/3/2021 3/10/2022 3/28/2022 NAP NAP No Fee NAP NAP  NAP  NAP 19,448 3,241

 

 

 

A-1-16

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Upfront Insurance Reserve ($) Monthly Insurance Reserve ($)  Upfront Replacement / PIP Reserve ($)  Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($)  Upfront TI/LC Reserve ($)  Monthly TI/LC Reserve ($) TI/LC Caps ($)  Upfront Debt Service Reserve ($)  Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($)  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)
          18 19 18 19 20 18 19 20 18 19 20 18 18 19
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 367,868 Springing 1,100,000 0 0 1,000,000 0 0 0 0 0 0 12,400,000 Springing
1.01 Property   1 Yorkshire Towers                            
1.02 Property   1 Lexington Towers                            
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 37,550 7,510 130,000 3,590 86,164 4,946,132 Springing 0 0 0 0 0 45,289,968 0
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 0 Springing 600,000 Springing 600,000 4,500,000 Springing 4,500,000 0 0 0 0 133,915 0
3.01 Property   1 Walgreens - Las Vegas                            
3.02 Property   1 Waystar Building                            
3.03 Property   1 Fresenius Kidney Care                            
3.04 Property   1 Tower Health                            
3.05 Property   1 New Orleans MOB                            
3.06 Property   1 Penn State Health                            
3.07 Property   1 Carmichael MOB                            
3.08 Property   1 Port Arthur Dialysis                            
3.09 Property   1 Auburn Medical                            
3.10 Property   1 Berkley Eye Institute, PA                            
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 25,661 9,870 0 Springing 147,964 0 Springing 1,479,636 0 0 0 0 54,535,711 0
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 0 Springing 0 11,715 0 0 67,247 1,613,919 0 0 0 0 22,000,000 Springing
6 Loan 4, 5, 16, 19 1 360 Rosemary 0 Springing 0 Springing 0 0 Springing 0 0 0 0 0 45,498,551 0
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 0 Springing 0 24,583 0 8,500,000 Springing 8,500,000 0 0 0 0 6,778,984 Springing
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 0 Springing 0 5,763 207,468 1,000,000 57,760 3,500,000 0 0 0 0 0 0
9 Loan 12, 19, 27, 34 1 111 River Street 177,648 Springing 700,000 Springing 0 13,900,000 Springing 2,360,000 0 0 0 0 1,469,000 165,616
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 0 Springing 0 19,408 698,705 1,500,000 Springing 1,500,000 0 0 0 59,444 8,870 0
10.01 Property   1 West Mifflin, PA                            
10.02 Property   1 Church Hill, TN                            
10.03 Property   1 Mossville, IL                            
10.04 Property   1 Eldon, MO                            
10.05 Property   1 Kingsport, TN                            
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 0 Springing 200,000 Springing 200,000 600,000 Springing 600,000 0 0 0 0 0 0
12 Loan 12, 23 1 PentaCentre Office 0 Springing 0 12,236 0 5,000,000 107,064 8,000,000 0 0 0 14,625 406,814 0
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 0 Springing 0 4,753 0 0 0 0 0 0 0 56,843 0 0
13.01 Property   1 LaFollette, TN                            
13.02 Property   1 Griffin, GA                            
13.03 Property   1 Monteagle, TN                            
13.04 Property   1 Bessemer, AL                            
13.05 Property   1 Valley, AL                            
13.06 Property   1 Boyle, MS                            
13.07 Property   1 Elizabethton, TN                            
13.08 Property   1 Panama City, FL                            
13.09 Property   1 Phenix City, AL                            
13.10 Property   1 Thomson, GA                            
13.11 Property   1 Cleveland, GA                            
13.12 Property   1 Birmingham, AL                            
13.13 Property   1 Okoboji, IA                            
13.14 Property   1 Harpersville, AL                            
14 Loan 4 1 Wards Crossing West 34,848 2,904 4,409 4,409 0 16,958 16,958 700,000 0 0 0 0 0 Springing
15 Loan 16 1 Cheshire Station 10,891 1,556 1,751 1,751 0 300,000 Springing 300,000 0 0 0 196,875 211,245 0
16 Loan 16, 19, 28 1 Kewaunee Scientific 0 Springing 1,000,000 5,204 0 1,000,000 Springing 1,000,000 0 0 0 161,013 0 0
17 Loan 24, 28 1 2 Riverfront Plaza 0 Springing 0 5,626 135,017 0 42,193 0 0 0 0 0 0 0
18 Loan 2, 16 1 1901 10th Avenue 19,468 2,716 0 563 0 0 427 0 0 0 0 3,125 0 0
19 Loan 19 1 Waikele Self-Storage Park 7,814 2,605 1,050,000 0 0 0 0 0 0 0 0 0 58,117 Springing
20 Loan 26 1 Corporate Center Building G 8,271 1,379 990 990 0 6,333 6,333 380,000 0 0 0 625 82,688 0
21 Loan 16 1 Dollar Self Storage #21 - Goodyear 2,175 1,087 1,101 1,101 26,440 0 0 0 0 0 0 0 0 0
22 Loan   1 Dollar Self Storage #5 - Mesa 1,733 867 823 823 19,751 0 0 0 0 0 0 0 0 0
23 Loan 19, 23 1 Rego Park II 138,246 19,749 933 933 35,000 175,000 Springing 175,000 0 0 0 1,225 0 0
24 Loan 6, 16, 19, 23 3 Longwood Industrial 49,543 4,504 1,066 1,066 25,580 400,000 Springing 400,000 0 0 0 53,125 0 0
24.01 Property   1 Bennett Commerce Center                            
24.02 Property   1 Midway Commerce Center                            
24.03 Property   1 Big Tree Center                            
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 790,391 116,681 0 235,965 0 0 0 0 0 0 0 2,014,340 14,917,247 0
25.01 Property   1 Travelodge - 2307 Wyoming Avenue                            
25.02 Property   1 Travelodge - 2111 Camino Del Llano                            
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way                            
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive                            
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive                            
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60                            
25.07 Property   1 Travelodge - 1127 Pony Express Highway                            
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street                            
25.09 Property   1 Travelodge - 2680 Airport Road                            
25.10 Property   1 Super 8 - 720 Royal Parkway                            
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street                            
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway                            
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road                            
25.14 Property   1 Super 8 - 2545 Cornhusker Highway                            
25.15 Property   1 Travelodge - 1110 Southeast 4th Street                            
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court                            
25.17 Property   1 Travelodge - 800 West Laramie Street                            
25.18 Property   1 Travelodge - 22 North Frontage Road                            
25.19 Property   1 Travelodge - 123 Westvaco Road                            
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue                            
25.21 Property   1 Travelodge - 1710 Jefferson Street                            
25.22 Property   1 Travelodge - 1625 Stillwater Avenue                            
25.23 Property   1 Travelodge - 8233 Airline Highway                            
25.24 Property   1 Baymont Inn & Suites - 6390 US-93                            
25.25 Property   1 Travelodge - 707 East Webster Street                            
25.26 Property   1 Travelodge - 777 West Hwy 21                            
25.27 Property   1 Travelodge - 3522 North Highway 59                            
25.28 Property   1 Travelodge - 108 6th Avenue                            

 

 

 

A-1-17

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Upfront Insurance Reserve ($) Monthly Insurance Reserve ($)  Upfront Replacement / PIP Reserve ($)  Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($)  Upfront TI/LC Reserve ($)  Monthly TI/LC Reserve ($) TI/LC Caps ($)  Upfront Debt Service Reserve ($)  Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($)  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)
          18 19 18 19 20 18 19 20 18 19 20 18 18 19
25.29 Property   1 Travelodge - 2200 East South Avenue                            
25.30 Property   1 Travelodge - 128 South Willow Road                            
25.31 Property   1 Travelodge - 1005 Highway 285                            
25.32 Property   1 Days Inn - 3431 14th Avenue South                            
25.33 Property   1 Travelodge - 2505 US 69                            
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road                            
25.35 Property   1 Travelodge - 1706 North Park Drive                            
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street                            
25.37 Property   1 Travelodge - 1177 East 16th Street                            
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road                            
25.39 Property   1 Travelodge - 2407 East Holland Avenue                            
25.40 Property   1 Travelodge - 620 Souder Road                            
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast                            
25.42 Property   1 Travelodge - 109 East Commerce Street                            
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue                            
25.44 Property   1 Travelodge - 98 Moffat Avenue                            
26 Loan   1 Dollar Self Storage #6 - Apache Junction  2,134 1,067 912 912 21,885 0 0 0 0 0 0 0 0 0
27 Loan 2, 6, 19 3 NTG Industrial Portfolio 6,508 3,254 0 1,094 0 0 Springing 0 0 0 0 100,000 0 16,000
27.01 Property   1 897 12th Street                            
27.02 Property   1 392 White Horse Pike                            
27.03 Property   1 6727 Delilah Road                            
28 Loan   1 Hayward Storage 2,974 1,487 0 737 26,520 0 0 0 0 0 0 0 0 0
29 Loan 16, 17, 20, 28 1 Waygate Technologies 0 Springing 73,820 0 0 295,280 0 0 0 0 0 0 545,000 0
30 Loan 16 1 Westcliff Plaza 5,796 828 755 755 0 150,000 3,775 300,000 0 0 0 0 27,268 0
31 Loan   1 The Shoppes at Seven Oaks 0 Springing 184,654 878 0 27,051 3,379 162,205 0 0 0 85,913 16,500 0
32 Loan 16 1 Cooper Commerce Center 42,196 6,582 365 365 10,000 100,000 2,083 150,000 0 0 0 41,250 0 0
33 Loan 34 1 Mini U Storage - Woodbridge 3,197 1,066 484 484 0 0 0 0 0 0 0 0 0 0
34 Loan   1 Marina Village 43,807 5,476 1,029 1,029 0 0 0 0 0 0 0 171,313 0 0
35 Loan 7 1 Lakeview Storage 3,156 1,052 0 869 0 0 0 0 0 0 0 10,188 800,000 0
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners 4,706 1,810 0 1,172 0 150,000 Springing 150,000 0 0 0 7,500 0 0
37 Loan 12, 16 1 Beverly Industrial Park 12,326 2,465 0 782 0 50,000 2,590 0 0 0 0 49,475 58,722 0
38 Loan   1 Storage Crib 14,233 1,294 1,043 1,043 0 0 0 0 0 0 0 0 0 0

 

 

 

A-1-18

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Other Reserve Description  Other Reserve Cap ($) Holdback/ Earnout Amount ($)
            20  
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers Unit Upgrade Reserve (Upfront: $6,500,000); Supplemental Income Reserve (Upfront: $5,900,000; Monthly: Springing) 0 NAP
1.01 Property   1 Yorkshire Towers      
1.02 Property   1 Lexington Towers      
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building Embark Holdback Reserve ($31,000,000), IDEO Free Rent Reserve ($5,304,696.33), IDEO Security Deposit Reserve ($4,631,047.21), Embark Security Deposit Reserve ($3,089,693.75), IDEO Gap Rent Reserve ($1,264,530.75) 0 31,000,000
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio REA Common Charge Reserve (Upfront: $113,915), Condominium Common Charges Reserve (Upfront: $20,000) 0 NAP
3.01 Property   1 Walgreens - Las Vegas      
3.02 Property   1 Waystar Building      
3.03 Property   1 Fresenius Kidney Care      
3.04 Property   1 Tower Health      
3.05 Property   1 New Orleans MOB      
3.06 Property   1 Penn State Health      
3.07 Property   1 Carmichael MOB      
3.08 Property   1 Port Arthur Dialysis      
3.09 Property   1 Auburn Medical      
3.10 Property   1 Berkley Eye Institute, PA      
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott TATILC Reserve (Upfront: $23,983,292), Outstanding Completion Obligations Reserve (Upfront: $20,083,016), Rent Concession Reserve (Upfront: $10,469,403) 0 NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef LA County Earnout Reserve (Upfront: $22,000,000), Billboard Replacement Funds (Monthly: Springing) 0 NAP
6 Loan 4, 5, 16, 19 1 360 Rosemary Unfunded Obligations Reserve ($42,779,553), Base Building Reserve ($2,718,997.83) 0 NAP
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works Outstanding Obligations Reserve (Upfront: $6,778,984), Put Price Reserve (Monthly: Springing) 0 NAP
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue   0 NAP
9 Loan 12, 19, 27, 34 1 111 River Street Significant Tenant Rent Replication Reserve (Upfront: $1,258,196.33), Ground Rent Reserve (Upfront: $165,615.50; Monthly: $165,615.50), Free Rent Reserve (Upfront: $45,188) 0 NAP
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII Unfunded Obligations Reserve 0 NAP
10.01 Property   1 West Mifflin, PA      
10.02 Property   1 Church Hill, TN      
10.03 Property   1 Mossville, IL      
10.04 Property   1 Eldon, MO      
10.05 Property   1 Kingsport, TN      
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls   0 NAP
12 Loan 12, 23 1 PentaCentre Office Gap Rent Reserve 0 NAP
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio   0 NAP
13.01 Property   1 LaFollette, TN      
13.02 Property   1 Griffin, GA      
13.03 Property   1 Monteagle, TN      
13.04 Property   1 Bessemer, AL      
13.05 Property   1 Valley, AL      
13.06 Property   1 Boyle, MS      
13.07 Property   1 Elizabethton, TN      
13.08 Property   1 Panama City, FL      
13.09 Property   1 Phenix City, AL      
13.10 Property   1 Thomson, GA      
13.11 Property   1 Cleveland, GA      
13.12 Property   1 Birmingham, AL      
13.13 Property   1 Okoboji, IA      
13.14 Property   1 Harpersville, AL      
14 Loan 4 1 Wards Crossing West  Major Tenant Rollover Reserve 0 NAP
15 Loan 16 1 Cheshire Station Starbucks Reserve ($136,245), Starbucks Tenant Improvements Reserve ($75,000) 0 NAP
16 Loan 16, 19, 28 1 Kewaunee Scientific   0 NAP
17 Loan 24, 28 1 2 Riverfront Plaza   0 NAP
18 Loan 2, 16 1 1901 10th Avenue   0 NAP
19 Loan 19 1 Waikele Self-Storage Park Condominium Assessment Reserve 0 NAP
20 Loan 26 1 Corporate Center Building G Rent Concession Reserve 0 NAP
21 Loan 16 1 Dollar Self Storage #21 - Goodyear   0 NAP
22 Loan   1 Dollar Self Storage #5 - Mesa   0 NAP
23 Loan 19, 23 1 Rego Park II   0 NAP
24 Loan 6, 16, 19, 23 3 Longwood Industrial   0 NAP
24.01 Property   1 Bennett Commerce Center      
24.02 Property   1 Midway Commerce Center      
24.03 Property   1 Big Tree Center      
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio Railroad Contract Renewal Reserve ($7,000,000), Post-Closing Obligation Reserve ($500,000), PIP Reserve ($7,417,247) 0 NAP
25.01 Property   1 Travelodge - 2307 Wyoming Avenue      
25.02 Property   1 Travelodge - 2111 Camino Del Llano      
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way      
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive      
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive      
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60      
25.07 Property   1 Travelodge - 1127 Pony Express Highway      
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street      
25.09 Property   1 Travelodge - 2680 Airport Road      
25.10 Property   1 Super 8 - 720 Royal Parkway      
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street      
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway      
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road      
25.14 Property   1 Super 8 - 2545 Cornhusker Highway      
25.15 Property   1 Travelodge - 1110 Southeast 4th Street      
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court      
25.17 Property   1 Travelodge - 800 West Laramie Street      
25.18 Property   1 Travelodge - 22 North Frontage Road      
25.19 Property   1 Travelodge - 123 Westvaco Road      
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue      
25.21 Property   1 Travelodge - 1710 Jefferson Street      
25.22 Property   1 Travelodge - 1625 Stillwater Avenue      
25.23 Property   1 Travelodge - 8233 Airline Highway      
25.24 Property   1 Baymont Inn & Suites - 6390 US-93      
25.25 Property   1 Travelodge - 707 East Webster Street      
25.26 Property   1 Travelodge - 777 West Hwy 21      
25.27 Property   1 Travelodge - 3522 North Highway 59      
25.28 Property   1 Travelodge - 108 6th Avenue      

 

 

 

A-1-19

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Other Reserve Description  Other Reserve Cap ($) Holdback/ Earnout Amount ($)
            20  
25.29 Property   1 Travelodge - 2200 East South Avenue      
25.30 Property   1 Travelodge - 128 South Willow Road      
25.31 Property   1 Travelodge - 1005 Highway 285      
25.32 Property   1 Days Inn - 3431 14th Avenue South      
25.33 Property   1 Travelodge - 2505 US 69      
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road      
25.35 Property   1 Travelodge - 1706 North Park Drive      
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street      
25.37 Property   1 Travelodge - 1177 East 16th Street      
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road      
25.39 Property   1 Travelodge - 2407 East Holland Avenue      
25.40 Property   1 Travelodge - 620 Souder Road      
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast      
25.42 Property   1 Travelodge - 109 East Commerce Street      
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue      
25.44 Property   1 Travelodge - 98 Moffat Avenue      
26 Loan   1 Dollar Self Storage #6 - Apache Junction    0 NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio Required Repair Reserve 0 NAP
27.01 Property   1 897 12th Street      
27.02 Property   1 392 White Horse Pike      
27.03 Property   1 6727 Delilah Road      
28 Loan   1 Hayward Storage   0 NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies Unfunded Obligations Reserve ($345,000); Roof Replacement Reserve ($200,000) 0 NAP
30 Loan 16 1 Westcliff Plaza Rent Concession Reserve 0 NAP
31 Loan   1 The Shoppes at Seven Oaks Free Rent Reserve 0 NAP
32 Loan 16 1 Cooper Commerce Center   0 NAP
33 Loan 34 1 Mini U Storage - Woodbridge   0 NAP
34 Loan   1 Marina Village   0 NAP
35 Loan 7 1 Lakeview Storage Holdback Reserve 0 800,000
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners   0 NAP
37 Loan 12, 16 1 Beverly Industrial Park Deathwish Music Reserve Fund (31,122), Circuitry Recycling Reserve (27,600) 0 NAP
38 Loan   1 Storage Crib   0 NAP

 

 

 

A-1-20

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  Tenant Specific Excess Cash Trap Trigger (Y/N)  Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($)
            26 26          
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers NAP Soft (Residential); Hard (Commercial) In Place Yes No Yes No 70,000,000
1.01 Property   1 Yorkshire Towers                
1.02 Property   1 Lexington Towers                
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building Embark Holdback Reserve Hard Springing Yes Yes Yes Yes 65,000,000
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio NAP Hard Springing Yes Yes Yes Yes 55,000,000
3.01 Property   1 Walgreens - Las Vegas                
3.02 Property   1 Waystar Building                
3.03 Property   1 Fresenius Kidney Care                
3.04 Property   1 Tower Health                
3.05 Property   1 New Orleans MOB                
3.06 Property   1 Penn State Health                
3.07 Property   1 Carmichael MOB                
3.08 Property   1 Port Arthur Dialysis                
3.09 Property   1 Auburn Medical                
3.10 Property   1 Berkley Eye Institute, PA                
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott NAP Hard Springing Yes Yes Yes Yes 50,000,000
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef NAP Hard Springing Yes Yes Yes No 40,000,000
6 Loan 4, 5, 16, 19 1 360 Rosemary NAP Hard Springing Yes No Yes No 32,000,000
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works NAP Hard Springing Yes Yes Yes No 30,000,000
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue NAP Hard Springing Yes Yes Yes No 23,000,000
9 Loan 12, 19, 27, 34 1 111 River Street NAP Hard Springing Yes Yes Yes No 22,000,000
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII NAP Hard Springing Yes Yes Yes No 22,000,000
10.01 Property   1 West Mifflin, PA                
10.02 Property   1 Church Hill, TN                
10.03 Property   1 Mossville, IL                
10.04 Property   1 Eldon, MO                
10.05 Property   1 Kingsport, TN                
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls NAP Hard Springing Yes Yes No NAP NAP
12 Loan 12, 23 1 PentaCentre Office NAP Hard Springing Yes Yes Yes Yes 20,277,018
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio NAP Springing Springing Yes No No NAP NAP
13.01 Property   1 LaFollette, TN                
13.02 Property   1 Griffin, GA                
13.03 Property   1 Monteagle, TN                
13.04 Property   1 Bessemer, AL                
13.05 Property   1 Valley, AL                
13.06 Property   1 Boyle, MS                
13.07 Property   1 Elizabethton, TN                
13.08 Property   1 Panama City, FL                
13.09 Property   1 Phenix City, AL                
13.10 Property   1 Thomson, GA                
13.11 Property   1 Cleveland, GA                
13.12 Property   1 Birmingham, AL                
13.13 Property   1 Okoboji, IA                
13.14 Property   1 Harpersville, AL                
14 Loan 4 1 Wards Crossing West NAP Hard In Place Yes Yes No NAP NAP
15 Loan 16 1 Cheshire Station NAP Hard Springing Yes Yes No NAP NAP
16 Loan 16, 19, 28 1 Kewaunee Scientific NAP Hard Springing Yes Yes No NAP NAP
17 Loan 24, 28 1 2 Riverfront Plaza NAP Hard Springing Yes Yes Yes No 15,000,000
18 Loan 2, 16 1 1901 10th Avenue NAP Soft Springing Yes Yes No NAP NAP
19 Loan 19 1 Waikele Self-Storage Park NAP Hard Springing Yes No No NAP NAP
20 Loan 26 1 Corporate Center Building G NAP Springing Springing Yes Yes No NAP NAP
21 Loan 16 1 Dollar Self Storage #21 - Goodyear NAP Springing Springing Yes No No NAP NAP
22 Loan   1 Dollar Self Storage #5 - Mesa NAP Springing Springing Yes No No NAP NAP
23 Loan 19, 23 1 Rego Park II NAP Springing Springing Yes No No NAP NAP
24 Loan 6, 16, 19, 23 3 Longwood Industrial NAP Springing Springing Yes No No NAP NAP
24.01 Property   1 Bennett Commerce Center                
24.02 Property   1 Midway Commerce Center                
24.03 Property   1 Big Tree Center                
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio NAP Hard Springing Yes No Yes No 9,342,616
25.01 Property   1 Travelodge - 2307 Wyoming Avenue                
25.02 Property   1 Travelodge - 2111 Camino Del Llano                
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way                
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive                
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive                
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60                
25.07 Property   1 Travelodge - 1127 Pony Express Highway                
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street                
25.09 Property   1 Travelodge - 2680 Airport Road                
25.10 Property   1 Super 8 - 720 Royal Parkway                
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street                
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway                
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road                
25.14 Property   1 Super 8 - 2545 Cornhusker Highway                
25.15 Property   1 Travelodge - 1110 Southeast 4th Street                
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court                
25.17 Property   1 Travelodge - 800 West Laramie Street                
25.18 Property   1 Travelodge - 22 North Frontage Road                
25.19 Property   1 Travelodge - 123 Westvaco Road                
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue                
25.21 Property   1 Travelodge - 1710 Jefferson Street                
25.22 Property   1 Travelodge - 1625 Stillwater Avenue                
25.23 Property   1 Travelodge - 8233 Airline Highway                
25.24 Property   1 Baymont Inn & Suites - 6390 US-93                
25.25 Property   1 Travelodge - 707 East Webster Street                
25.26 Property   1 Travelodge - 777 West Hwy 21                
25.27 Property   1 Travelodge - 3522 North Highway 59                
25.28 Property   1 Travelodge - 108 6th Avenue                

 

 

 

A-1-21

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  Tenant Specific Excess Cash Trap Trigger (Y/N)  Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($)
            26 26          
25.29 Property   1 Travelodge - 2200 East South Avenue                
25.30 Property   1 Travelodge - 128 South Willow Road                
25.31 Property   1 Travelodge - 1005 Highway 285                
25.32 Property   1 Days Inn - 3431 14th Avenue South                
25.33 Property   1 Travelodge - 2505 US 69                
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road                
25.35 Property   1 Travelodge - 1706 North Park Drive                
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street                
25.37 Property   1 Travelodge - 1177 East 16th Street                
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road                
25.39 Property   1 Travelodge - 2407 East Holland Avenue                
25.40 Property   1 Travelodge - 620 Souder Road                
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast                
25.42 Property   1 Travelodge - 109 East Commerce Street                
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue                
25.44 Property   1 Travelodge - 98 Moffat Avenue                
26 Loan   1 Dollar Self Storage #6 - Apache Junction  NAP Springing Springing Yes No No NAP NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio NAP Hard Springing Yes Yes No NAP NAP
27.01 Property   1 897 12th Street                
27.02 Property   1 392 White Horse Pike                
27.03 Property   1 6727 Delilah Road                
28 Loan   1 Hayward Storage NAP Springing Springing Yes No No NAP NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies NAP Hard Springing Yes Yes No NAP NAP
30 Loan 16 1 Westcliff Plaza NAP Springing Springing Yes Yes No NAP NAP
31 Loan   1 The Shoppes at Seven Oaks NAP Hard Springing Yes No No NAP NAP
32 Loan 16 1 Cooper Commerce Center NAP Springing Springing Yes No No NAP NAP
33 Loan 34 1 Mini U Storage - Woodbridge NAP Springing Springing Yes No No NAP NAP
34 Loan   1 Marina Village NAP Springing Springing Yes No No NAP NAP
35 Loan 7 1 Lakeview Storage $800,000 deposited into the Holdback Reserve to be distributed to the borrower upon certain conditions in the loan agreement Hard Springing Yes No No NAP NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners NAP Springing Springing Yes Yes No NAP NAP
37 Loan 12, 16 1 Beverly Industrial Park NAP Soft Springing Yes No No NAP NAP
38 Loan   1 Storage Crib NAP Springing Springing Yes No No NAP NAP

 

 

 

A-1-22

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($)
            9 9       9   13         9
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 248,000,000 636,992.59 816,788.89 221,500,000 3.04000% 539,500,000 1,385,715.74 56.6% 2.13 6.6% 174,500,000 ########## 714,000,000 2,457,027.92
1.01 Property   1 Yorkshire Towers                            
1.02 Property   1 Lexington Towers                            
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 35,000,000 153,699.22 439,140.63 NAP NAP 100,000,000 439,140.63 58.8% 1.74 9.7% NAP NAP NAP NAP
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 25,000,000 106,880.79 342,018.52 NAP NAP 80,000,000 342,018.52 57.6% 1.62 8.4% NAP NAP NAP NAP
3.01 Property   1 Walgreens - Las Vegas                            
3.02 Property   1 Waystar Building                            
3.03 Property   1 Fresenius Kidney Care                            
3.04 Property   1 Tower Health                            
3.05 Property   1 New Orleans MOB                            
3.06 Property   1 Penn State Health                            
3.07 Property   1 Carmichael MOB                            
3.08 Property   1 Port Arthur Dialysis                            
3.09 Property   1 Auburn Medical                            
3.10 Property   1 Berkley Eye Institute, PA                            
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 92,000,000 396,430.55 611,881.94 NAP NAP 142,000,000 611,881.94 59.2% 1.66 8.6% NAP NAP NAP NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 110,000,000 504,198.49 687,543.40 NAP NAP 150,000,000 687,543.40 43.0% 2.34 13.5% NAP NAP NAP NAP
6 Loan 4, 5, 16, 19 1 360 Rosemary 53,000,000 176,881.36 283,677.66 125,000,000 3.95000% 210,000,000 700,850.69 65.8% 1.76 7.2% NAP NAP NAP NAP
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 180,000,000 777,145.83 906,670.14 NAP NAP 210,000,000 906,670.14 62.6% 1.68 9.4% NAP NAP NAP NAP
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 217,000,000 902,056.95 997,666.67 NAP NAP 240,000,000 997,666.67 60.8% 1.61 8.4% NAP NAP NAP NAP
9 Loan 12, 19, 27, 34 1 111 River Street 55,500,000 153,806.94 214,775.46 76,250,000 3.28000% 153,750,000 426,086.80 63.0% 2.56 8.5% NAP NAP NAP NAP
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 35,000,000 203,140.15 330,828.24 NAP NAP 57,000,000 330,828.24 64.6% 1.57 11.8% NAP NAP NAP NAP
10.01 Property   1 West Mifflin, PA                            
10.02 Property   1 Church Hill, TN                            
10.03 Property   1 Mossville, IL                            
10.04 Property   1 Eldon, MO                            
10.05 Property   1 Kingsport, TN                            
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 12, 23 1 PentaCentre Office 13,984,150 77,916.62 190,895.72 NAP NAP 34,261,168 190,895.72 57.6% 1.73 13.0% NAP NAP NAP NAP
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.01 Property   1 LaFollette, TN                            
13.02 Property   1 Griffin, GA                            
13.03 Property   1 Monteagle, TN                            
13.04 Property   1 Bessemer, AL                            
13.05 Property   1 Valley, AL                            
13.06 Property   1 Boyle, MS                            
13.07 Property   1 Elizabethton, TN                            
13.08 Property   1 Panama City, FL                            
13.09 Property   1 Phenix City, AL                            
13.10 Property   1 Thomson, GA                            
13.11 Property   1 Cleveland, GA                            
13.12 Property   1 Birmingham, AL                            
13.13 Property   1 Okoboji, IA                            
13.14 Property   1 Harpersville, AL                            
14 Loan 4 1 Wards Crossing West NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 16 1 Cheshire Station NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 16, 19, 28 1 Kewaunee Scientific NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 24, 28 1 2 Riverfront Plaza 95,000,000 341,934.03 395,923.61 NAP NAP 110,000,000 395,923.61 60.4% 2.05 9.4% NAP NAP NAP NAP
18 Loan 2, 16 1 1901 10th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 19 1 Waikele Self-Storage Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 26 1 Corporate Center Building G NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 16 1 Dollar Self Storage #21 - Goodyear NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Dollar Self Storage #5 - Mesa NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 19, 23 1 Rego Park II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 6, 16, 19, 23 3 Longwood Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.01 Property   1 Bennett Commerce Center                            
24.02 Property   1 Midway Commerce Center                            
24.03 Property   1 Big Tree Center                            
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 126,125,312 822,388.03 883,305.66 NAP NAP 135,467,927 883,305.66 63.0% 1.66 15.0% NAP NAP NAP NAP
25.01 Property   1 Travelodge - 2307 Wyoming Avenue                            
25.02 Property   1 Travelodge - 2111 Camino Del Llano                            
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way                            
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive                            
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive                            
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60                            
25.07 Property   1 Travelodge - 1127 Pony Express Highway                            
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street                            
25.09 Property   1 Travelodge - 2680 Airport Road                            
25.10 Property   1 Super 8 - 720 Royal Parkway                            
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street                            
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway                            
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road                            
25.14 Property   1 Super 8 - 2545 Cornhusker Highway                            
25.15 Property   1 Travelodge - 1110 Southeast 4th Street                            
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court                            
25.17 Property   1 Travelodge - 800 West Laramie Street                            
25.18 Property   1 Travelodge - 22 North Frontage Road                            
25.19 Property   1 Travelodge - 123 Westvaco Road                            
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue                            
25.21 Property   1 Travelodge - 1710 Jefferson Street                            
25.22 Property   1 Travelodge - 1625 Stillwater Avenue                            
25.23 Property   1 Travelodge - 8233 Airline Highway                            
25.24 Property   1 Baymont Inn & Suites - 6390 US-93                            
25.25 Property   1 Travelodge - 707 East Webster Street                            
25.26 Property   1 Travelodge - 777 West Hwy 21                            
25.27 Property   1 Travelodge - 3522 North Highway 59                            
25.28 Property   1 Travelodge - 108 6th Avenue                            

 

 

 

A-1-23

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($)
            9 9       9   13         9
25.29 Property   1 Travelodge - 2200 East South Avenue                            
25.30 Property   1 Travelodge - 128 South Willow Road                            
25.31 Property   1 Travelodge - 1005 Highway 285                            
25.32 Property   1 Days Inn - 3431 14th Avenue South                            
25.33 Property   1 Travelodge - 2505 US 69                            
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road                            
25.35 Property   1 Travelodge - 1706 North Park Drive                            
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street                            
25.37 Property   1 Travelodge - 1177 East 16th Street                            
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road                            
25.39 Property   1 Travelodge - 2407 East Holland Avenue                            
25.40 Property   1 Travelodge - 620 Souder Road                            
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast                            
25.42 Property   1 Travelodge - 109 East Commerce Street                            
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue                            
25.44 Property   1 Travelodge - 98 Moffat Avenue                            
26 Loan   1 Dollar Self Storage #6 - Apache Junction  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27.01 Property   1 897 12th Street                            
27.02 Property   1 392 White Horse Pike                            
27.03 Property   1 6727 Delilah Road                            
28 Loan   1 Hayward Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 16 1 Westcliff Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan   1 The Shoppes at Seven Oaks NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 16 1 Cooper Commerce Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 34 1 Mini U Storage - Woodbridge NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan   1 Marina Village NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 7 1 Lakeview Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan 12, 16 1 Beverly Industrial Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan   1 Storage Crib NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

A-1-24

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type Sponsor
            13   13 13  
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 74.8% 1.20 5.0% No NAP Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009
1.01 Property   1 Yorkshire Towers            
1.02 Property   1 Lexington Towers            
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building NAP NAP NAP No NAP Angus McCarthy and Michael Moritz
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio NAP NAP NAP No NAP Jeffrey A. Pori
3.01 Property   1 Walgreens - Las Vegas            
3.02 Property   1 Waystar Building            
3.03 Property   1 Fresenius Kidney Care            
3.04 Property   1 Tower Health            
3.05 Property   1 New Orleans MOB            
3.06 Property   1 Penn State Health            
3.07 Property   1 Carmichael MOB            
3.08 Property   1 Port Arthur Dialysis            
3.09 Property   1 Auburn Medical            
3.10 Property   1 Berkley Eye Institute, PA            
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott NAP NAP NAP No NAP MDY Properties, Inc.
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef NAP NAP NAP No NAP Ara Tavitian
6 Loan 4, 5, 16, 19 1 360 Rosemary NAP NAP NAP No NAP The Related Companies, L.P.
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works NAP NAP NAP No NAP Ralph Zucker and Jozef Straus
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue NAP NAP NAP No NAP Albert Kalimian
9 Loan 12, 19, 27, 34 1 111 River Street NAP NAP NAP No NAP Steven J. Pozycki and David Werner
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII NAP NAP NAP Yes Future Mezzanine Loan Phoenix Investors
10.01 Property   1 West Mifflin, PA            
10.02 Property   1 Church Hill, TN            
10.03 Property   1 Mossville, IL            
10.04 Property   1 Eldon, MO            
10.05 Property   1 Kingsport, TN            
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls NAP NAP NAP No NAP Jeffrey A. Pori
12 Loan 12, 23 1 PentaCentre Office NAP NAP NAP No NAP Olymbec USA LLC
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio NAP NAP NAP No NAP Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax
13.01 Property   1 LaFollette, TN            
13.02 Property   1 Griffin, GA            
13.03 Property   1 Monteagle, TN            
13.04 Property   1 Bessemer, AL            
13.05 Property   1 Valley, AL            
13.06 Property   1 Boyle, MS            
13.07 Property   1 Elizabethton, TN            
13.08 Property   1 Panama City, FL            
13.09 Property   1 Phenix City, AL            
13.10 Property   1 Thomson, GA            
13.11 Property   1 Cleveland, GA            
13.12 Property   1 Birmingham, AL            
13.13 Property   1 Okoboji, IA            
13.14 Property   1 Harpersville, AL            
14 Loan 4 1 Wards Crossing West NAP NAP NAP No NAP Thomas J. Comparato
15 Loan 16 1 Cheshire Station NAP NAP NAP No NAP Donald Charles Houder, Joseph R. Staugaard III and Samuel M.V. Hamilton III
16 Loan 16, 19, 28 1 Kewaunee Scientific NAP NAP NAP No NAP CAI Investments Medical Products I Master Lessee, LLC, Life Pillars, LLC, Four Pillars Legacy Trust and Christopher Beavor
17 Loan 24, 28 1 2 Riverfront Plaza NAP NAP NAP No NAP Arch Street Capital Advisors
18 Loan 2, 16 1 1901 10th Avenue NAP NAP NAP No NAP Israel Minzer
19 Loan 19 1 Waikele Self-Storage Park NAP NAP NAP No NAP Peter Savio
20 Loan 26 1 Corporate Center Building G NAP NAP NAP No NAP Bernard Guy, Trustee of the Par 3 Nevada Trust
21 Loan 16 1 Dollar Self Storage #21 - Goodyear NAP NAP NAP No NAP John C. Thomson, Co-Trustee of the Thomson Family Trust, Dated June 18, 1997, as may have been amended and restated and John C. Thomson
22 Loan   1 Dollar Self Storage #5 - Mesa NAP NAP NAP No NAP Thomson Family Irrevocable Trust, Dated May 21, 1999 and John C. Thomson
23 Loan 19, 23 1 Rego Park II NAP NAP NAP No NAP Jerrold G. Levy
24 Loan 6, 16, 19, 23 3 Longwood Industrial NAP NAP NAP No NAP Shane Decker and Brett Schlacter
24.01 Property   1 Bennett Commerce Center            
24.02 Property   1 Midway Commerce Center            
24.03 Property   1 Big Tree Center            
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio NAP NAP NAP No NAP Tom Vukota
25.01 Property   1 Travelodge - 2307 Wyoming Avenue            
25.02 Property   1 Travelodge - 2111 Camino Del Llano            
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way            
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive            
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive            
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60            
25.07 Property   1 Travelodge - 1127 Pony Express Highway            
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street            
25.09 Property   1 Travelodge - 2680 Airport Road            
25.10 Property   1 Super 8 - 720 Royal Parkway            
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street            
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway            
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road            
25.14 Property   1 Super 8 - 2545 Cornhusker Highway            
25.15 Property   1 Travelodge - 1110 Southeast 4th Street            
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court            
25.17 Property   1 Travelodge - 800 West Laramie Street            
25.18 Property   1 Travelodge - 22 North Frontage Road            
25.19 Property   1 Travelodge - 123 Westvaco Road            
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue            
25.21 Property   1 Travelodge - 1710 Jefferson Street            
25.22 Property   1 Travelodge - 1625 Stillwater Avenue            
25.23 Property   1 Travelodge - 8233 Airline Highway            
25.24 Property   1 Baymont Inn & Suites - 6390 US-93            
25.25 Property   1 Travelodge - 707 East Webster Street            
25.26 Property   1 Travelodge - 777 West Hwy 21            
25.27 Property   1 Travelodge - 3522 North Highway 59            
25.28 Property   1 Travelodge - 108 6th Avenue            

 

 

 

A-1-25

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type Sponsor
            13   13 13  
25.29 Property   1 Travelodge - 2200 East South Avenue            
25.30 Property   1 Travelodge - 128 South Willow Road            
25.31 Property   1 Travelodge - 1005 Highway 285            
25.32 Property   1 Days Inn - 3431 14th Avenue South            
25.33 Property   1 Travelodge - 2505 US 69            
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road            
25.35 Property   1 Travelodge - 1706 North Park Drive            
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street            
25.37 Property   1 Travelodge - 1177 East 16th Street            
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road            
25.39 Property   1 Travelodge - 2407 East Holland Avenue            
25.40 Property   1 Travelodge - 620 Souder Road            
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast            
25.42 Property   1 Travelodge - 109 East Commerce Street            
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue            
25.44 Property   1 Travelodge - 98 Moffat Avenue            
26 Loan   1 Dollar Self Storage #6 - Apache Junction  NAP NAP NAP No NAP John C. Thomson, trustee of the Thomson Family Trust, Dated June 18, 1997, as may have been amended and restated and John C. Thomson
27 Loan 2, 6, 19 3 NTG Industrial Portfolio NAP NAP NAP No NAP Nicole Raso, Tiffany Mortellite and Giana Mortellite
27.01 Property   1 897 12th Street            
27.02 Property   1 392 White Horse Pike            
27.03 Property   1 6727 Delilah Road            
28 Loan   1 Hayward Storage NAP NAP NAP No NAP Michael Sean Venezia, George C. Huff, Jr. and Edward J. Beorsma
29 Loan 16, 17, 20, 28 1 Waygate Technologies NAP NAP NAP No NAP Karen E. Kennedy
30 Loan 16 1 Westcliff Plaza NAP NAP NAP No NAP Bernard Guy, Trustee of the Par 3 Nevada Trust
31 Loan   1 The Shoppes at Seven Oaks NAP NAP NAP No NAP Time Equities, Inc.
32 Loan 16 1 Cooper Commerce Center NAP NAP NAP No NAP Shane Decker and Jeffrey Pechter
33 Loan 34 1 Mini U Storage - Woodbridge NAP NAP NAP No NAP Dahn Corporation and The Conway Family Trust, dated September 10, 2001, as first amended and restatement on February 23, 2009, solely on behalf of the "Trust A" assets
allocation provided thereby
34 Loan   1 Marina Village NAP NAP NAP No NAP Crystal View Capital Fund II LLC
35 Loan 7 1 Lakeview Storage NAP NAP NAP No NAP Gregorios Kranias and Robert Randall Clark
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners NAP NAP NAP No NAP Thomas F. Hahn, Jr.
37 Loan 12, 16 1 Beverly Industrial Park NAP NAP NAP No NAP Palatine Real Estate Fund III, LP
38 Loan   1 Storage Crib NAP NAP NAP No NAP Crystal View Capital Fund III LLC

 

 

 

A-1-26

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)
Tenants-in-common
(Y/N)
Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N)
          24   34   29
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009 No Yes Refinance  
1.01 Property   1 Yorkshire Towers         No
1.02 Property   1 Lexington Towers         No
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building Angus McCarthy and Michael Moritz No No Refinance No
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio Jeffrey A. Pori Yes No Acquisition  
3.01 Property   1 Walgreens - Las Vegas         No
3.02 Property   1 Waystar Building         No
3.03 Property   1 Fresenius Kidney Care         No
3.04 Property   1 Tower Health         No
3.05 Property   1 New Orleans MOB         No
3.06 Property   1 Penn State Health         No
3.07 Property   1 Carmichael MOB         No
3.08 Property   1 Port Arthur Dialysis         No
3.09 Property   1 Auburn Medical         No
3.10 Property   1 Berkley Eye Institute, PA         No
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott NAP No No Refinance No
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef Ara Tavitian No No Refinance No
6 Loan 4, 5, 16, 19 1 360 Rosemary The Related Companies, L.P. No No Refinance No
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works Ralph Zucker and Jozef Straus No No Refinance No
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue Albert Kalimian No Yes Recapitalization No
9 Loan 12, 19, 27, 34 1 111 River Street Steven J. Pozycki and David Werner No Yes Acquisition No
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII Irrevocable Children's Trust dated 7/22/91 and Irrevocable Children's Trust No. 2 dated 7/22/91 No No Refinance  
10.01 Property   1 West Mifflin, PA         No
10.02 Property   1 Church Hill, TN         No
10.03 Property   1 Mossville, IL         No
10.04 Property   1 Eldon, MO         No
10.05 Property   1 Kingsport, TN         No
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls Jeffrey A. Pori Yes No Acquisition No
12 Loan 12, 23 1 PentaCentre Office Olymbec USA LLC No No Acquisition No
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax No Yes Acquisition  
13.01 Property   1 LaFollette, TN         No
13.02 Property   1 Griffin, GA         No
13.03 Property   1 Monteagle, TN         No
13.04 Property   1 Bessemer, AL         No
13.05 Property   1 Valley, AL         No
13.06 Property   1 Boyle, MS         No
13.07 Property   1 Elizabethton, TN         No
13.08 Property   1 Panama City, FL         No
13.09 Property   1 Phenix City, AL         No
13.10 Property   1 Thomson, GA         No
13.11 Property   1 Cleveland, GA         No
13.12 Property   1 Birmingham, AL         No
13.13 Property   1 Okoboji, IA         No
13.14 Property   1 Harpersville, AL         No
14 Loan 4 1 Wards Crossing West Thomas J. Comparato No No Refinance No
15 Loan 16 1 Cheshire Station Donald Charles Houder, Joseph R. Staugaard III and Samuel M.V. Hamilton III No No Acquisition No
16 Loan 16, 19, 28 1 Kewaunee Scientific CAI Investments Medical Products I Master Lessee, LLC, Life Pillars, LLC, Four Pillars Legacy Trust and Christopher Beavor Yes No Acquisition No
17 Loan 24, 28 1 2 Riverfront Plaza NAP No No Refinance No
18 Loan 2, 16 1 1901 10th Avenue Israel Minzer No No Refinance No
19 Loan 19 1 Waikele Self-Storage Park Peter Savio No No Refinance No
20 Loan 26 1 Corporate Center Building G Bernard Guy, Trustee of the Par 3 Nevada Trust No No Refinance No
21 Loan 16 1 Dollar Self Storage #21 - Goodyear John C. Thomson, Co-Trustee of the Thomson Family Trust, Dated June 18, 1997, as may have been amended and restated and John C. Thomson No No Refinance No
22 Loan   1 Dollar Self Storage #5 - Mesa Thomson Family Irrevocable Trust, Dated May 21, 1999 and John C. Thomson No No Refinance No
23 Loan 19, 23 1 Rego Park II Jerrold G. Levy No No Recapitalization No
24 Loan 6, 16, 19, 23 3 Longwood Industrial Shane Decker and Brett Schlacter No No Refinance  
24.01 Property   1 Bennett Commerce Center         No
24.02 Property   1 Midway Commerce Center         No
24.03 Property   1 Big Tree Center         No
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio Tom Vukota No No Acquisition  
25.01 Property   1 Travelodge - 2307 Wyoming Avenue         No
25.02 Property   1 Travelodge - 2111 Camino Del Llano         No
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way         No
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive         No
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive         No
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60         No
25.07 Property   1 Travelodge - 1127 Pony Express Highway         No
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street         No
25.09 Property   1 Travelodge - 2680 Airport Road         No
25.10 Property   1 Super 8 - 720 Royal Parkway         No
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street         No
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway         No
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road         No
25.14 Property   1 Super 8 - 2545 Cornhusker Highway         No
25.15 Property   1 Travelodge - 1110 Southeast 4th Street         No
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court         No
25.17 Property   1 Travelodge - 800 West Laramie Street         No
25.18 Property   1 Travelodge - 22 North Frontage Road         No
25.19 Property   1 Travelodge - 123 Westvaco Road         No
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue         No
25.21 Property   1 Travelodge - 1710 Jefferson Street         No
25.22 Property   1 Travelodge - 1625 Stillwater Avenue         No
25.23 Property   1 Travelodge - 8233 Airline Highway         No
25.24 Property   1 Baymont Inn & Suites - 6390 US-93         No
25.25 Property   1 Travelodge - 707 East Webster Street         No
25.26 Property   1 Travelodge - 777 West Hwy 21         No
25.27 Property   1 Travelodge - 3522 North Highway 59         No
25.28 Property   1 Travelodge - 108 6th Avenue         No

 

 

 

A-1-27

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)
Tenants-in-common
(Y/N)
Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N)
          24   34   29
25.29 Property   1 Travelodge - 2200 East South Avenue         No
25.30 Property   1 Travelodge - 128 South Willow Road         No
25.31 Property   1 Travelodge - 1005 Highway 285         No
25.32 Property   1 Days Inn - 3431 14th Avenue South         No
25.33 Property   1 Travelodge - 2505 US 69         No
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road         No
25.35 Property   1 Travelodge - 1706 North Park Drive         No
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street         No
25.37 Property   1 Travelodge - 1177 East 16th Street         No
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road         No
25.39 Property   1 Travelodge - 2407 East Holland Avenue         No
25.40 Property   1 Travelodge - 620 Souder Road         No
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast         No
25.42 Property   1 Travelodge - 109 East Commerce Street         No
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue         No
25.44 Property   1 Travelodge - 98 Moffat Avenue         No
26 Loan   1 Dollar Self Storage #6 - Apache Junction  John C. Thomson, trustee of the Thomson Family Trust, Dated June 18, 1997, as may have been amended and restated and John C. Thomson No No Refinance No
27 Loan 2, 6, 19 3 NTG Industrial Portfolio Nicole Raso, Tiffany Mortellite and Giana Mortellite No No Refinance  
27.01 Property   1 897 12th Street         No
27.02 Property   1 392 White Horse Pike         No
27.03 Property   1 6727 Delilah Road         No
28 Loan   1 Hayward Storage Michael Sean Venezia, George C. Huff, Jr. and Edward J. Beorsma No No Acquisition No
29 Loan 16, 17, 20, 28 1 Waygate Technologies Karen E. Kennedy Yes No Acquisition No
30 Loan 16 1 Westcliff Plaza Bernard Guy, Trustee of the Par 3 Nevada Trust No No Refinance No
31 Loan   1 The Shoppes at Seven Oaks Francis J. Greenburger No No Refinance No
32 Loan 16 1 Cooper Commerce Center Shane Decker and Jeffrey Pechter No No Refinance No
33 Loan 34 1 Mini U Storage - Woodbridge Dahn Corporation and The Conway Family Trust, dated September 10, 2001, as first amended and restatement on February 23, 2009, solely on behalf of the "Trust A" assets allocation
provided thereby
No Yes Refinance No
34 Loan   1 Marina Village Crystal View Capital Fund II LLC No No Recapitalization No
35 Loan 7 1 Lakeview Storage Gregorios Kranias and Robert Randall Clark No No Acquisition No
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners Thomas F. Hahn, Jr. No Yes Acquisition No
37 Loan 12, 16 1 Beverly Industrial Park Palatine Real Estate Fund III, LP No No Recapitalization No
38 Loan   1 Storage Crib Crystal View Capital Fund III LLC No No Recapitalization No

 

 

 

A-1-28

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration
                                   
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers 318,000,000 0 396,000,000 0 714,000,000 545,268,671 0 93,214,219 20,258,785 55,258,325 0 714,000,000 NAP
1.01 Property   1 Yorkshire Towers                         NAP
1.02 Property   1 Lexington Towers                         NAP
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building 100,000,000 50,000 0 0 100,050,000 47,967,606 0 1,389,470 50,692,924 0 0 100,050,000 NAP
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio 80,000,000 63,326,923 0 0 143,326,923 0 132,375,000 5,576,699 5,375,224 0 0 143,326,923 NAP
3.01 Property   1 Walgreens - Las Vegas                         NAP
3.02 Property   1 Waystar Building                         NAP
3.03 Property   1 Fresenius Kidney Care                         NAP
3.04 Property   1 Tower Health                         NAP
3.05 Property   1 New Orleans MOB                         NAP
3.06 Property   1 Penn State Health                         NAP
3.07 Property   1 Carmichael MOB                         NAP
3.08 Property   1 Port Arthur Dialysis                         NAP
3.09 Property   1 Auburn Medical                         NAP
3.10 Property   1 Berkley Eye Institute, PA                         NAP
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott 142,000,000 29,137,619 0 0 171,137,619 108,610,126 0 7,850,049 54,677,444 0 0 171,137,619 NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef 150,000,000 0 0 0 150,000,000 123,220,890 0 966,503 22,205,149 3,607,459 0 150,000,000 NAP
6 Loan 4, 5, 16, 19 1 360 Rosemary 85,000,000 0 125,000,000 0 210,000,000 110,495,605 0 6,129,189 45,498,551 47,876,656 0 210,000,000 NAP
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works 210,000,000 0 0 0 210,000,000 170,604,822 0 3,366,160 15,896,818 20,132,200 0 210,000,000 NAP
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue 240,000,000 140,421,540 0 0 380,421,540 0 369,000,000 7,605,571 3,815,969 0 0 380,421,540 NAP
9 Loan 12, 19, 27, 34 1 111 River Street 77,500,000 61,207,549 76,250,000 30,000,000 244,957,549 0 225,000,000 3,588,382 16,369,167 0 0 244,957,549 NAP
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII 57,000,000 0 0 0 57,000,000 38,034,329 0 740,606 1,704,801 4,496,782 12,023,483 57,000,000 NAP
10.01 Property   1 West Mifflin, PA                         NAP
10.02 Property   1 Church Hill, TN                         NAP
10.03 Property   1 Mossville, IL                         NAP
10.04 Property   1 Eldon, MO                         NAP
10.05 Property   1 Kingsport, TN                         NAP
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls 21,500,000 17,556,130 0 0 39,056,130 0 37,000,000 1,256,130 800,000 0 0 39,056,130 NAP
12 Loan 12, 23 1 PentaCentre Office 34,300,000 24,026,818 0 0 58,326,818 0 51,250,000 969,719 6,107,098 0 0 58,326,818 NAP
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio 19,600,000 18,077,112 0 0 37,677,112 0 33,628,061 3,922,436 126,615 0 0 37,677,112 NAP
13.01 Property   1 LaFollette, TN                         NAP
13.02 Property   1 Griffin, GA                         NAP
13.03 Property   1 Monteagle, TN                         NAP
13.04 Property   1 Bessemer, AL                         NAP
13.05 Property   1 Valley, AL                         NAP
13.06 Property   1 Boyle, MS                         NAP
13.07 Property   1 Elizabethton, TN                         NAP
13.08 Property   1 Panama City, FL                         NAP
13.09 Property   1 Phenix City, AL                         NAP
13.10 Property   1 Thomson, GA                         NAP
13.11 Property   1 Cleveland, GA                         NAP
13.12 Property   1 Birmingham, AL                         NAP
13.13 Property   1 Okoboji, IA                         NAP
13.14 Property   1 Harpersville, AL                         NAP
14 Loan 4 1 Wards Crossing West 19,500,000 0 0 0 19,500,000 16,260,150 0 298,805 179,060 2,761,984 0 19,500,000 NAP
15 Loan 16 1 Cheshire Station 17,635,000 13,038,265 0 0 30,673,265 0 29,100,000 692,243 881,022 0 0 30,673,265 NAP
16 Loan 16, 19, 28 1 Kewaunee Scientific                         NAP
17 Loan 24, 28 1 2 Riverfront Plaza                         NAP
18 Loan 2, 16 1 1901 10th Avenue                         NAP
19 Loan 19 1 Waikele Self-Storage Park                         NAP
20 Loan 26 1 Corporate Center Building G                         NAP
21 Loan 16 1 Dollar Self Storage #21 - Goodyear                         NAP
22 Loan   1 Dollar Self Storage #5 - Mesa                         NAP
23 Loan 19, 23 1 Rego Park II                         NAP
24 Loan 6, 16, 19, 23 3 Longwood Industrial                         NAP
24.01 Property   1 Bennett Commerce Center                         NAP
24.02 Property   1 Midway Commerce Center                         NAP
24.03 Property   1 Big Tree Center                         NAP
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio                         1/1/2035
25.01 Property   1 Travelodge - 2307 Wyoming Avenue                         1/1/2035
25.02 Property   1 Travelodge - 2111 Camino Del Llano                         1/1/2035
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way                         1/1/2035
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive                         1/1/2035
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive                         1/1/2035
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60                         1/1/2035
25.07 Property   1 Travelodge - 1127 Pony Express Highway                         1/1/2035
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street                         1/1/2035
25.09 Property   1 Travelodge - 2680 Airport Road                         1/1/2035
25.10 Property   1 Super 8 - 720 Royal Parkway                         1/1/2035
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street                         1/1/2035
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway                         1/1/2035
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road                         1/1/2035
25.14 Property   1 Super 8 - 2545 Cornhusker Highway                         1/1/2035
25.15 Property   1 Travelodge - 1110 Southeast 4th Street                         1/1/2035
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court                         1/1/2035
25.17 Property   1 Travelodge - 800 West Laramie Street                         1/1/2035
25.18 Property   1 Travelodge - 22 North Frontage Road                         1/1/2035
25.19 Property   1 Travelodge - 123 Westvaco Road                         1/1/2035
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue                         1/1/2035
25.21 Property   1 Travelodge - 1710 Jefferson Street                         1/1/2035
25.22 Property   1 Travelodge - 1625 Stillwater Avenue                         1/1/2035
25.23 Property   1 Travelodge - 8233 Airline Highway                         1/1/2035
25.24 Property   1 Baymont Inn & Suites - 6390 US-93                         1/1/2035
25.25 Property   1 Travelodge - 707 East Webster Street                         1/1/2035
25.26 Property   1 Travelodge - 777 West Hwy 21                         1/1/2035
25.27 Property   1 Travelodge - 3522 North Highway 59                         1/1/2035
25.28 Property   1 Travelodge - 108 6th Avenue                         1/1/2035

 

 

 

A-1-29

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration
                                   
25.29 Property   1 Travelodge - 2200 East South Avenue                         1/1/2035
25.30 Property   1 Travelodge - 128 South Willow Road                         1/1/2035
25.31 Property   1 Travelodge - 1005 Highway 285                         1/1/2035
25.32 Property   1 Days Inn - 3431 14th Avenue South                         1/1/2035
25.33 Property   1 Travelodge - 2505 US 69                         1/1/2035
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road                         1/1/2035
25.35 Property   1 Travelodge - 1706 North Park Drive                         1/1/2035
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street                         1/1/2035
25.37 Property   1 Travelodge - 1177 East 16th Street                         1/1/2035
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road                         1/1/2035
25.39 Property   1 Travelodge - 2407 East Holland Avenue                         1/1/2035
25.40 Property   1 Travelodge - 620 Souder Road                         1/1/2035
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast                         1/1/2035
25.42 Property   1 Travelodge - 109 East Commerce Street                         1/1/2035
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue                         1/1/2035
25.44 Property   1 Travelodge - 98 Moffat Avenue                         1/1/2035
26 Loan   1 Dollar Self Storage #6 - Apache Junction                          NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio                         NAP
27.01 Property   1 897 12th Street                         NAP
27.02 Property   1 392 White Horse Pike                         NAP
27.03 Property   1 6727 Delilah Road                         NAP
28 Loan   1 Hayward Storage                         NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies                         NAP
30 Loan 16 1 Westcliff Plaza                         NAP
31 Loan   1 The Shoppes at Seven Oaks                         NAP
32 Loan 16 1 Cooper Commerce Center                         NAP
33 Loan 34 1 Mini U Storage - Woodbridge                         NAP
34 Loan   1 Marina Village                         NAP
35 Loan 7 1 Lakeview Storage                         NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners                         NAP
37 Loan 12, 16 1 Beverly Industrial Park                         NAP
38 Loan   1 Storage Crib                         NAP

 

 

 

A-1-30

 

 

BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                                 
1 Loan 1, 2, 3, 6, 12, 13, 14, 19, 20, 34 2 Yorkshire & Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.01 Property   1 Yorkshire Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.02 Property   1 Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 5, 7, 12, 16, 19, 23, 30 1 The Lion Building NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 5, 6, 12, 16, 19, 23, 28 10 KB Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.01 Property   1 Walgreens - Las Vegas NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.02 Property   1 Waystar Building NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.03 Property   1 Fresenius Kidney Care NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.04 Property   1 Tower Health NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.05 Property   1 New Orleans MOB NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.06 Property   1 Penn State Health NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.07 Property   1 Carmichael MOB NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.08 Property   1 Port Arthur Dialysis NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.09 Property   1 Auburn Medical NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.10 Property   1 Berkley Eye Institute, PA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 10, 12, 16, 17, 20, 25 1 3075 Olcott NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 4, 5, 7, 12, 14, 21 1 The Reef NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 4, 5, 16, 19 1 360 Rosemary NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 1, 4, 12, 15, 19, 27, 28 1 Bell Works NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 1, 12, 21, 34 1 79 Fifth Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 12, 19, 27, 34 1 111 River Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 6, 12, 13, 16, 17, 20, 21, 25, 31 5 Phoenix Industrial Portfolio VIII NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 West Mifflin, PA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Church Hill, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.03 Property   1 Mossville, IL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.04 Property   1 Eldon, MO NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.05 Property   1 Kingsport, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 16, 19, 28 1 Fleet Farm Sioux Falls NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 12, 23 1 PentaCentre Office NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 3, 4, 6, 12, 34 14 Sun Belt Self-Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.01 Property   1 LaFollette, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 Griffin, GA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.03 Property   1 Monteagle, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.04 Property   1 Bessemer, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.05 Property   1 Valley, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.06 Property   1 Boyle, MS NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.07 Property   1 Elizabethton, TN NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.08 Property   1 Panama City, FL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.09 Property   1 Phenix City, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.10 Property   1 Thomson, GA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.11 Property   1 Cleveland, GA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.12 Property   1 Birmingham, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.13 Property   1 Okoboji, IA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.14 Property   1 Harpersville, AL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 4 1 Wards Crossing West NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 16 1 Cheshire Station NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 16, 19, 28 1 Kewaunee Scientific NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 24, 28 1 2 Riverfront Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 2, 16 1 1901 10th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 19 1 Waikele Self-Storage Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 26 1 Corporate Center Building G NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 16 1 Dollar Self Storage #21 - Goodyear NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Dollar Self Storage #5 - Mesa NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 19, 23 1 Rego Park II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 6, 16, 19, 23 3 Longwood Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.01 Property   1 Bennett Commerce Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.02 Property   1 Midway Commerce Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.03 Property   1 Big Tree Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 5, 6, 12, 20 44 Wyndham National Hotel Portfolio 70.89 38.91 54.9% 70.89 38.91 54.9% 70.31 38.30 54.5% 69.99 36.80 52.6%
25.01 Property   1 Travelodge - 2307 Wyoming Avenue 158.58 48.21 30.4% 158.58 48.21 30.4% 167.10 47.38 28.4% 176.10 45.56 25.9%
25.02 Property   1 Travelodge - 2111 Camino Del Llano 49.89 43.22 86.6% 49.89 43.22 86.6% 49.05 43.38 88.5% 52.80 43.58 82.5%
25.03 Property   1 Travelodge - 1170 West Flaming Gorge Way 62.99 33.81 53.7% 62.99 33.81 53.7% 63.90 33.22 52.0% 65.26 33.97 52.1%
25.04 Property   1 Baymont Inn & Suites - 1731 South Sunridge Drive 75.56 47.45 62.8% 75.56 47.45 62.8% 74.08 44.09 59.5% 70.37 42.78 60.8%
25.05 Property   1 Baymont Inn & Suites - 451 Halligan Drive 73.77 31.00 42.0% 73.77 31.00 42.0% 74.66 30.67 41.1% 70.87 33.10 46.7%
25.06 Property   1 Baymont Inn & Suites - 1608 East Business US 60 74.82 39.65 53.0% 74.82 39.65 53.0% 76.53 39.72 51.9% 76.46 40.55 53.0%
25.07 Property   1 Travelodge - 1127 Pony Express Highway 84.83 37.73 44.5% 84.83 37.73 44.5% 87.04 37.05 42.6% 83.32 33.91 40.7%
25.08 Property   1 Baymont Inn & Suites - 1130B B East 16th Street 60.07 52.52 87.4% 60.07 52.52 87.4% 58.94 51.01 86.6% 60.76 47.35 77.9%
25.09 Property   1 Travelodge - 2680 Airport Road 85.41 56.82 66.5% 85.41 56.82 66.5% 85.94 55.33 64.4% 83.22 55.00 66.1%
25.10 Property   1 Super 8 - 720 Royal Parkway 82.57 37.23 45.1% 82.57 37.23 45.1% 70.23 35.74 50.9% 69.18 33.96 49.1%
25.11 Property   1 Baymont Inn & Suites - 1051 North Market Street 67.84 39.30 57.9% 67.84 39.30 57.9% 69.43 39.11 56.3% 70.14 38.30 54.6%
25.12 Property   1 Baymont Inn & Suites - 2700 North Diers Parkway 80.42 36.88 45.9% 80.42 36.88 45.9% 77.47 36.64 47.3% 78.56 38.10 48.5%
25.13 Property   1 Baymont Inn & Suites - 95 Spruce Road 59.66 35.88 60.1% 59.66 35.88 60.1% 59.87 38.75 64.7% 60.68 36.57 60.3%
25.14 Property   1 Super 8 - 2545 Cornhusker Highway 48.33 19.52 40.4% 48.33 19.52 40.4% 47.60 19.22 40.4% 44.17 17.59 39.8%
25.15 Property   1 Travelodge - 1110 Southeast 4th Street 63.33 44.71 70.6% 63.33 44.71 70.6% 62.04 42.72 68.9% 69.35 42.30 61.0%
25.16 Property   1 Baymont Inn & Suites - 2300 Valley West Court 64.35 30.90 48.0% 64.35 30.90 48.0% 62.89 29.48 46.9% 72.14 29.49 40.9%
25.17 Property   1 Travelodge - 800 West Laramie Street 57.65 37.96 65.9% 57.65 37.96 65.9% 58.11 37.40 64.3% 56.37 37.19 66.0%
25.18 Property   1 Travelodge - 22 North Frontage Road 85.09 54.48 64.0% 85.09 54.48 64.0% 86.70 51.50 59.4% 82.91 46.44 56.0%
25.19 Property   1 Travelodge - 123 Westvaco Road 104.72 74.40 71.0% 104.72 74.40 71.0% 105.53 74.74 70.8% 113.05 65.90 58.3%
25.20 Property   1 Baymont Inn & Suites - 2006 North Merrill Avenue 87.39 50.87 58.2% 87.39 50.87 58.2% 87.41 50.88 58.2% 77.95 44.93 57.6%
25.21 Property   1 Travelodge - 1710 Jefferson Street 58.38 14.67 25.1% 58.38 14.67 25.1% 56.53 14.38 25.4% 60.25 26.73 44.4%
25.22 Property   1 Travelodge - 1625 Stillwater Avenue 72.05 51.59 71.6% 72.05 51.59 71.6% 71.96 51.20 71.1% 66.92 41.42 61.9%
25.23 Property   1 Travelodge - 8233 Airline Highway 72.75 47.30 65.0% 72.75 47.30 65.0% 74.11 46.91 63.3% 72.05 45.85 63.6%
25.24 Property   1 Baymont Inn & Suites - 6390 US-93 88.55 55.03 62.1% 88.55 55.03 62.1% 87.66 55.63 63.5% 80.23 50.22 62.6%
25.25 Property   1 Travelodge - 707 East Webster Street 69.40 26.58 38.3% 69.40 26.58 38.3% 71.60 25.93 36.2% 79.89 26.21 32.8%
25.26 Property   1 Travelodge - 777 West Hwy 21 68.87 36.35 52.8% 68.87 36.35 52.8% 66.87 36.06 53.9% 57.79 32.66 56.5%
25.27 Property   1 Travelodge - 3522 North Highway 59 53.32 16.22 30.4% 53.32 16.22 30.4% 53.62 15.73 29.3% 58.78 19.98 34.0%
25.28 Property   1 Travelodge - 108 6th Avenue 70.47 45.63 64.7% 70.47 45.63 64.7% 75.96 45.41 59.8% 88.81 42.81 48.2%

 

 

 

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BMO 2022-C2 - Annex A-1

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                                 
25.29 Property   1 Travelodge - 2200 East South Avenue 59.63 43.18 72.4% 59.63 43.18 72.4% 59.78 40.70 68.1% 61.79 35.22 57.0%
25.30 Property   1 Travelodge - 128 South Willow Road 75.98 47.94 63.1% 75.98 47.94 63.1% 77.79 47.79 61.4% 71.25 47.99 67.4%
25.31 Property   1 Travelodge - 1005 Highway 285 69.94 49.74 71.1% 69.94 49.74 71.1% 68.33 51.33 75.1% 65.51 48.94 74.7%
25.32 Property   1 Days Inn - 3431 14th Avenue South 63.46 38.91 61.3% 63.46 38.91 61.3% 60.13 42.76 71.1% 55.18 34.79 63.0%
25.33 Property   1 Travelodge - 2505 US 69 65.10 35.06 53.9% 65.10 35.06 53.9% 62.78 35.08 55.9% 53.06 24.39 46.0%
25.34 Property   1 Baymont Inn & Suites - 3475 Union Road 77.28 45.49 58.9% 77.28 45.49 58.9% 76.65 43.99 57.4% 74.75 42.35 56.7%
25.35 Property   1 Travelodge - 1706 North Park Drive 49.81 39.82 79.9% 49.81 39.82 79.9% 49.68 39.19 78.9% 45.36 38.44 84.7%
25.36 Property   1 Baymont Inn & Suites - 2005 Daley Street 72.72 37.15 51.1% 72.72 37.15 51.1% 69.86 37.67 53.9% 62.82 34.52 55.0%
25.37 Property   1 Travelodge - 1177 East 16th Street 54.27 15.66 28.8% 54.27 15.66 28.8% 53.50 14.75 27.6% 49.81 10.30 20.7%
25.38 Property   1 Baymont Inn & Suites - 35450 Yermo Road 72.82 37.74 51.8% 72.82 37.74 51.8% 68.68 34.91 50.8% 67.76 35.91 53.0%
25.39 Property   1 Travelodge - 2407 East Holland Avenue 78.23 48.31 61.7% 78.23 48.31 61.7% 77.09 47.53 61.7% 71.01 38.68 54.5%
25.40 Property   1 Travelodge - 620 Souder Road 138.15 62.06 44.9% 138.15 62.06 44.9% 142.49 60.12 42.2% 159.98 47.17 29.5%
25.41 Property   1 Baymont Inn & Suites - 100 15th Street Southeast 76.70 50.13 65.4% 76.70 50.13 65.4% 75.43 46.54 61.7% 85.61 37.12 43.4%
25.42 Property   1 Travelodge - 109 East Commerce Street 69.85 18.92 27.1% 69.85 18.92 27.1% 69.36 18.64 26.9% 104.51 25.32 24.2%
25.43 Property   1 Travelodge - 4000 Siskiyou Avenue 84.45 58.89 69.7% 84.45 58.89 69.7% 80.88 60.23 74.5% 74.16 56.00 75.5%
25.44 Property   1 Travelodge - 98 Moffat Avenue 100.19 42.24 42.2% 100.19 42.24 42.2% 103.00 36.54 35.5% 119.08 39.87 33.5%
26 Loan   1 Dollar Self Storage #6 - Apache Junction  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 2, 6, 19 3 NTG Industrial Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27.01 Property   1 897 12th Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27.02 Property   1 392 White Horse Pike NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27.03 Property   1 6727 Delilah Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan   1 Hayward Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 16, 17, 20, 28 1 Waygate Technologies NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 16 1 Westcliff Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan   1 The Shoppes at Seven Oaks NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 16 1 Cooper Commerce Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 34 1 Mini U Storage - Woodbridge NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan   1 Marina Village NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 7 1 Lakeview Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 4, 16, 20, 31, 34 1 Cleveland Corners NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan 12, 16 1 Beverly Industrial Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan   1 Storage Crib NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 

 

A-1-32

 

 

BMO 2022-C2 ANNEX A-1 FOOTNOTES v7 
 
(1 – Mortgage Loan Seller)
“BMO” denotes Bank of Montreal as Mortgage Loan Seller, “KeyBank” denotes KeyBank National Association as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “GACC” denotes German American Capital Corporation as Mortgage Loan Seller, and “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller.
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the mortgage loan is part of a whole loan that was co-originated by Starwood Mortgage Capital LLC, Bank of Montreal and Citibank Real Estate Funding, Inc.
 
With respect to Loan No. 7, Bell Works, the mortgage loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc., Bank of Montreal, and Barclays Capital Real Estate Inc.
 
With respect to Loan No. 8, 79 Fifth Avenue, the Mortgage Loan is part of a whole loan that was co-originated by Citi Real Estate Funding Inc., Wells Fargo Bank, National Association, and JPMorgan Chase Bank, National Association.
 
(2 – Property Type)
With respect to Loan No. 1, Yorkshire & Lexington Towers, the portfolio consists of two mortgaged properties comprised of 808 residential units totaling 730,829 square feet, 204 parking spaces totaling 41,886 square feet, six commercial and retail units totaling 29,451 square feet at the Yorkshire Towers building, and six commercial and retail units totaling 9,998 square feet at the Lexington Towers building. Of the 808 units, 305 of the units are rent stabilized. 
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the Yorkshire Towers Mortgaged Property has 681 residential units, and six commercial and retail units totaling 645,092 square feet, and the Lexington Towers Mortgaged Property has 127 residential units and six commercial units totaling 125,186 square feet.
 
With respect to Loan No. 18, 1901 10th Avenue, the mortgaged property is comprised of 27 multifamily units and two commercial units totaling 6,406 square feet of ground floor retail space. The multifamily and commercial units are 100% occupied as of May 23, 2022.
 
With respect to Loan No. 27, NTG Industrial Portfolio, the mortgaged properties are comprised of one industrial warehouse and two office buildings totaling 87,531 square feet of net rentable area across the mortgaged properties.
 
(3 – Number of Units)
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.
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, there is 81,335 square feet of commercial and retail space not presented in Number of Units. Current Occupancy reflects the occupancy of the multifamily component of the mortgaged property. The commercial and retail space is 98.6% leased as of March 1, 2022. 
 
With respect to Loan No. 13, Sun Belt Self-Storage Portfolio, the portfolio is comprised of 2,790 non-climate control units, 202 climate control units, and 332 parking units for a total of 380,273 square feet. Based on self-storage net rentable area, the Sun Belt Self-Storage Portfolio Properties were 79.5% occupied as of March 1, 2022 (or in the case of the property located in Okoboji, IA, March 3, 2022), with individual property occupancies ranging from 65.4% to 90.8%.
 
(4 – Leased Occupancy %)
In certain cases, the mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy.
 
For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations” in the preliminary prospectus.
 

 

 

A-1-33

 

 

With respect to Loan No. 5, The Reef, the building consists of a mix of approximately 33.6% office space, 45.6% retail/showroom space, 18.2% event space, 1.8% storage space, and approximately 0.1% retail/cafe space. In addition, tenants representing approximately 15.5% of NRA and 9.3% of UW Base Rent have leases that expire in 2022.
 
With respect to Loan No. 5, The Reef, The Second Largest Tenant, Maker City LA, LLC, the Third Largest Tenant, Shipfront, LLC, and the Fifth Largest Tenant, PHR LA Mart, LLC, which collectively lease approximately 29.4% of the NRA at the related mortgaged property, are affiliates of the borrower.  In addition, according to the appraisal, there are various smaller showroom and storage spaces leased to entities in which the borrower sponsor has an equity interest, resulting in approximately 37.0% of the net rentable square footage being leased to affiliated tenants.
 
With respect to Loan No. 5, The Reef, the 2021 Occupancy is as of September 30, 2021, which is the most recent number available. The average occupancy from January 2021 to September 2021 was 61.4%.
 
With respect to Loan No. 6, 360 Rosemary, the Second Largest Tenant, Goldman Sachs, has taken delivery of its space. The tenant has opened for business in April 2022. The Third Largest Tenant, Comvest, has taken delivery of its space. The borrower anticipates that the tenant will open for business in October 2022. The Fourth Largest Tenant, Elliott Management, has taken delivery of its space and has opened for business in April 2022. The Fifth Largest Tenant, Related Southeast, has not yet taken delivery of its space. The borrower anticipates that the tenant will open for business in August 2022.
 
With respect to Loan No. 7, Bell Works, historical occupancy values are based on the average annual occupancy.
 
With respect to Loan No. 13, Sun Belt Self-Storage Portfolio, historical occupancy values are based on the average annual occupancy.
 
With respect to Loan No.14, Wards Crossing West, 2019 and 2021 Occupancies were provided by TREPP and are as of December 31 of each respective year. 2020 Occupancy is as of December 1, 2020.
 
With respect to Loan No. 36, Cleveland Corners, the Second Largest Tenant, Badcock Furniture, subleases the entirety of its leased premises (20,000 square feet) to Vernon Lebron Fowler, Jr. The terms of the sublease mirror the terms of the lease.
 
(5 – Appraised Value ($), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%))
With respect to all mortgage loans, with the exceptions of the mortgage loans listed identified in “Description of the Mortgage Pool—Certain Calculations and Definitions” in the preliminary prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided “as-stabilized” values based on certain criteria being met.
 
With respect to Loan No. 2, The Lion Building, the appraisal concluded an “As Complete & Stabilized” value of $167 million as of October 1, 2022 and an “As-Is No Landlord Obligations” value of $170 million as of March 30, 2022. The As-Complete & Stabilized value reflects contractual free rents being deducted throughout the respective lease term, while the As-Is No Landlord Obligations value assumes no free rents. Given that the subject loan requires full reserves for all outstanding landlord obligations inclusive of free rents, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are both 58.8% based on the As-Is No Landlord Obligations value. Based on the As Complete & Stabilized value, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are both 62.1%.
 
With respect to Loan No. 3, KB Portfolio, the Appraised Value ($) represents an approximately 7.5% portfolio premium to the aggregate “as-is” appraised value of the individual mortgaged properties. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) for the KB Portfolio mortgage loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” aggregate appraised value for the mortgaged properties without regard to the portfolio premium was $129,290,000 and the “as is” appraised values are dated between January 28, 2022 and April 8, 2022. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) calculated using the aggregate “as-is” appraised values are 61.9% and 61.9%, respectively.
 

With respect to Loan No. 5, The Reef, approximately 40.2% of underwritten effective gross income is from an approximately 41,000 square foot LED (light emitting diode) billboard (the “LED Signage”) atop the related mortgaged property. The LED Signage is leased to New Tradition Outdoor LLC, an advertising operator, with a monthly license fee equal to the greater of (i) a minimum license fee and (ii) 75% of the net revenue actually received by the licensee during the immediately preceding month (the “Profit Share Fee”).  The Minimum License Fee is $228,094 per month ($2,737,122 annually) for the current license year (February 2022 through January 2023), and increases by 3.0% each year thereafter during the term of the

 

 

 

A-1-34

 

 

license. The underwritten income from the LED Signage is $10,745,265 (which is underwritten based on the estimated Profit Share Fee for the trailing twelve months ending April 2022, which was greater than the minimum license fee during such months).  There can be no assurance as to what the amount of the Profit Share Fee will be during future periods. The “as is” appraised value of the mortgaged property including the LED Signage is $349,000,000 and excluding the LED Signage is $185,000,000.

 
With respect to Loan No. 5, The Reef, the appraisal for The Reef Property assumed that the lease for the County of LA Expansion Space took effect in February 2022 and the lease term for the County of LA's existing space was therefore extended to February 28, 2030. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio set forth in Annex A are therefore also calculated based on such assumptions. The appraisal did not provide a value without such assumptions.  As of the date of this prospectus, the County of LA Expansion Space has been accepted, and the lease term for the County of LA’s existing space has been extended to April 30, 2030.
 
With respect to Loan No. 6, 360 Rosemary, the Appraised Value ($) represents the prospective market value upon stabilization concluded by the appraiser. The prospective market value upon stabilization assumes the completion of the remaining tenant improvements. At origination, the lender required escrow deposits sufficient to cover the costs associated with the completion of the remaining tenant improvements. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) for the 360 Rosemary mortgage loan is calculated using the “as-stabilized” appraised value. The “as-is” appraised value for the mortgaged property is $245,000,000 as of the appraisal dated December 2, 2021. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) calculated using the aggregate “as-is” appraised values are 34.7% and 34.7%, respectively.
 
With respect to Loan No. 25, Wyndham National Hotel Portfolio, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%) and Appraised Value ($) with respect to the whole loan are based on the aggregate sum of the available “as-is” and “as-complete” appraised values for each mortgaged property on an individual basis of $215,000,000 as of August 1, 2019. The “as-complete” appraised values assume completion of certain property improvement plans at the related mortgaged properties. At origination, the borrower deposited with the lender $7,417,247 for such property improvement plans. On a stand-alone basis, the mortgaged properties have an aggregate “as-is” appraised value of $209,500,000 as of August 1, 2019. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the aggregate “as-is” appraised value of $209,500,000 as of August 1, 2019 are 64.7% and 47.9%, respectively.
 
(6 – Original Balance ($), Cut-off Date Balance ($), Maturity/ARD Balance ($))
For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Cut-off Date Balance ($) and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation. 
     ●         Loan No. 1, Yorkshire and Lexington Towers
     ●         Loan No. 3, KB Portfolio
     ●         Loan No. 10, Phoenix Industrial Portfolio VIII
     ●         Loan No. 13, Sun Belt Self-Storage- Portfolio
     ●         Loan No. 24, Longwood Industrial
     ●         Loan No. 25, Wyndham National Hotel Portfolio
     ●         Loan No. 27, NTG Industrial Portfolio
 
(7 – Original Balance ($), Cut-off Date Balance ($), Maturity/ARD Balance ($))
The Original Balance ($), Cut-off Date Balance ($), and Maturity/ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled “Whole Loan Summary” and “Whole Loan Controlling Notes and Non-Controlling Notes” in “Description of the Mortgage Pool—The Whole Loans” in the preliminary prospectus.
 
With respect to Loan No. 2, The Lion Building, there is a $31,000,000 holdback reserve in connection with the initial tenant improvement work under the Embark Lease. The funds, less the amount of free rent equal to $2,321,111 (which amount may be increased by the amount of rent abatement provided in connection with delayed delivery of the premises) under the

 

 

 

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Embark Lease, will be released upon satisfaction of the holdback conditions, so long as such conditions are satisfied within three (3) years after the origination date (such third anniversary, the “Embark Date”). The Embark Holdback Conditions are delivery by the borrower to lender of (i) evidence reasonably satisfactory to the lender that all initial tenant improvements have been completed in accordance with the terms of the Embark Lease, (ii) copies of appropriate final lien waivers or other evidence satisfactory to Lender of payment for the work, to the extent not previously delivered to the lender, and (iii) a current tenant estoppel certificate from Embark, which confirms, at a minimum, (a) Embark has accepted possession of the premises, is in occupancy and open for business, (b) Embark has actually commenced paying full, unabated rent (excluding any free rent reserved), (c) the Embark Lease is in full force and effect and there are no defaults thereunder and (d) the rent commencement date for the Embark Lease. If the borrower sponsor fails to deliver the leased premises and rent has not commenced by the Embark Date, the borrower has the right (but not obligation) to defease the loan in an amount equal to the economic holdback funds. The second-floor space for Embark is finished. Rent is expected to commence upon substantial completion and delivery of the ground floor/mezzanine space (anticipated in August 2022).
 
With respect to Loan No. 2, The Lion Building, Embark Trucks is not yet in occupancy and may terminate (1) effective as of the last day of the 6th year of the lease term (which lease term is anticipated to commence in August 2022) upon written notice to the landlord with at least 12 months’, but no more than 18 months’, prior notice, upon  payment of a termination fee equal to $10.00 per rentable square foot and (2) if the landlord fails to deliver the Premises on or before October 7, 2022, the tenant may terminate its lease at any time prior to substantial completion of the work. If the landlord fails to deliver the premises on or before January 7, 2023, the tenant will receive a rent credit equal to 1 day of base rent for each day of delay until the landlord's work is completed. Rent is abated for months 13, 25, and 37. In addition, as to the mezzanine premises portion only, the landlord will provide rental abatement for the initial 36 months of the term of the lease. Free rents will be reserved upon the release of the economic holdback (when Embark takes physical occupancy and commences paying rent for the leased premises, anticipated to be August 2022).
 
With respect to Loan No. 2, The Lion Building, IDEO moved into the Phase 1 space (2nd floor, 10,000 square feet of 3rd floor, 4th floor, and roof deck) on April 18, 2022 and the Lease commenced on the same date with no termination options. Rent for the Phase 1 space also commenced on April 18, 2022. Tenant has agreed to a firm rent commencement date of January 1, 2023 for the Second Phase in the executed Second Amendment to Lease.  The Second Phase space can be occupied immediately.  There are no termination options tied to the Second Phase space. As of closing, a reserve in the amount of $1,264,530.75 for the IDEO gap rent in anticipation of the delivery of the Phase 2 premises and rent commencement occurring in January 2023 was reserved. 
 
With respect to Loan No. 5, The Reef, The Largest Tenant, County of Los Angeles-Dept. of Children & Family Services (the “County of LA”) currently leases 204,484 square feet expiring April 30, 2030, and including the expansion space, which is comprised of the entire 7th floor of the mortgaged property, comprising 62,124 SF (the “County of LA Expansion Space”).  In connection with such expansion, the borrower also agreed to perform certain landlord work on both the County of LA Expansion Space and the County of LA’s existing space, and the County of LA agreed to pay a revised rental rate (initially $24.84 per square foot, which is lower than the rent the County of LA was previously paying) and extend the term of the lease for all of its space through April 2030. The extended lease term and adjusted rent became effective as of May 1, 2022. At origination, a $22,000,000 holdback reserve (the “Holdback Reserve”) was deposited with the lender in respect of the County of LA Expansion Space. The lender is required to release such reserve to the borrower upon the borrower delivering to the lender evidence that the following conditions have been satisfied on or prior to November 5, 2022: (A) the mortgaged property has achieved a debt yield of at least 10.5%, and (B) the County of LA has accepted the County of LA Expansion Space and has executed a commencement date memorandum and estoppel, each in substantially the form provided to the lender prior to the origination date, confirming, among other things, that (1) the County of LA is the tenant under the County of LA lease, (2) the County of LA has accepted possession of the County of LA Expansion Space, (3) the County of LA lease expiration date is no sooner than March 31, 2030 (subject to the early termination right described in footnote (5) below), (4) the Basic Rent (as defined in the County of LA lease) is no less than approximately $423,282 for the first 12 months following the acceptance of the County of LA Expansion Space, (5) the total amount of the premises demised under the County of LA lease is 204,484 square feet, (6) to the knowledge of the County of LA, the County of LA has not given borrower written notice of a material default under the County of LA lease which has not been cured, and (7) the County of LA is not entitled to any credit against any rent or other charge or rent concession under the County of LA lease except as set forth in the County of LA lease, and all contributions required to be paid by the borrower as of the date of the County of LA estoppel have been paid in full and all of borrower’s obligations with respect to tenant improvements have been fully performed. In the event that the foregoing conditions are not satisfied by November 5, 2022, the lender is permitted to continue to hold the $22,000,000 Holdback Reserve as additional collateral through the maturity date of the related Whole Loan.  Subsequent to origination, the County of LA has accepted the County of LA Expansion Space and has executed and delivered an estoppel to the lender. As a result, the borrower is anticipated to make a request to the servicer that the holdback reserve fund be released to the borrower.
 
 

 

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With respect to Loan No. 35, Lakeview Storage, at origination of the Mortgage Loan, the borrower deposited $800,000 into an economic holdback reserve as additional security for the Mortgage Loan. The holdback reserve funds are to be released to the borrower when the debt yield (net the amount of the holdback reserve funds and as otherwise calculated in accordance with the mortgage loan documents) equals or exceeds 9.56%. Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are based on an assumed mortgage loan Cut-off Date Balance ($) of approximately $3,750,000, which is net of the $800,000 economic holdback reserve. Based on the full principal balance as of the Cut-off Date of approximately $4,550,000, the Cut-off Date LTV Ratio (%), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) calculations are 61.4%, 8.1% and 7.9%, respectively.
 
(8 – Administrative Fee Rate (%))
The Administrative Fee Rate % includes the Servicing Fee, the Operating Advisor Fee, the Certificate Administrator/Trustee Fee, the Asset Representations Reviewer Fee and the CREFC® Intellectual Property Royalty License Fee applicable to each Mortgage Loan.
 
(9 – Monthly Debt Service Amount)
For the mortgage loans with an interest-only period that accrues interest on an Actual/360 basis, the Monthly Debt Service (IO) ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.
 
(10 – Grace Period - Late Fee (Days))
With respect to Loan No. 4, 3075 Olcott, a Grace Period (Late Payment) of 10 days is allowed. 
 
(11 – ARD Loan)
 
(12 – Prepayment Provisions)
The “L” component of the prepayment provision represents lockout payments.
 
The “D” component of the prepayment provision represents defeasance payments.
 
The “YM” component of the prepayment provision represents yield maintenance payments.
 
The “O” Component of the prepayment provision represents the free payments including the Maturity Date.
 
Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the preliminary prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in the preliminary prospectus. 
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the lockout period will be at least 25 payment dates beginning with and including the first payment date in July 2022. Defeasance of the Yorkshire & Lexington Towers Whole Loan in full is permitted at any time after the earlier to occur of (i) July 6, 2025 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 2, The Lion Building, the lockout period will be at least 24 payment dates beginning with and including the first payment date in August 2022. Defeasance of The Lion Building Whole Loan in full is permitted at any time after the first payment date following the earlier to occur of (i) June 8, 2025 or (ii) the date that is two years from the closing date of the securitization that includes the last note to be securitized. The assumed lockout period of 24 payments is based on the expected BMO 2022-C2 securitization closing date in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 3, KB Portfolio, defeasance of the KB Portfolio Whole Loan is permitted at any time after the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed defeasance lockout period of 25 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 3, KB Portfolio, in the event there is (i) any enforced removal of the improvements at the Port Arthur Dialysis mortgaged property or (ii) the successful assertion of any reversionary interest in the Port Arthur Dialysis mortgaged property (a “Port Arthur Trigger Event”), the related borrower will be required to release the Port Arthur Dialysis mortgaged property provided that, among other things, (i) the related borrower provides the lender with notice of a Port Arthur Trigger Event within five business days of its occurrence, (ii) the Port Arthur Dialysis mortgaged property is conveyed
 

 

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to an entity that is not the related borrower, (iii) the related borrower pays an amount equal to 120% of the allocated loan amount for the Port Arthur Dialysis mortgaged property plus any shortfall amount required to comply with REMIC requirements, (iv) any applicable yield maintenance premium and (v) the release is permitted under the REMIC requirements. 

 

With respect to Loan No. 4, 3075 Olcott, defeasance of the 3075 Olcott Whole Loan is permitted at any time after the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed defeasance lockout period of 27 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.

 

With respect to Loan No. 5, The Reef, the lockout period will be at least 26 payment dates beginning with and including the first payment date in June 2022. Defeasance of The Reef Whole Loan in full is permitted at any time after the first payment date following the earlier to occur of (i) April 13, 2025 or (ii) the date that is two years from the closing date of the securitization that includes the last note to be securitized. The assumed lockout period of 26 payments is based on the expected BMO 2022-C2 securitization closing date in July 2022. The actual lockout period may be longer.

 

With respect to Loan No. 5, The Reef, the mortgaged property is comprised of two full city blocks containing 9.11 acres. One block (the “West Block”) contains the mortgaged property and a parking lot area and the other block (the “East Block”), which is located across the street from the West Block, contains an 11,150 square feet industrial building and a parking lot. The mortgage loan permits the free release, without defeasance or prepayment, of either or both of the East Block and of a 4.25 acre parcel (comprising a parking lot area) of the West Block (the “West Release Parcel”), provided that the following conditions, among others, are satisfied: (i) delivery of an updated survey, and, with respect to the West Release Parcel, a recorded, finalized parcel map that creates a legal subdivision of the West Release Parcel from the remainder of the West Block, (ii) to the extent there are shared facilities, access or parking, unless an easement of record already exists, an easement reasonably satisfactory to the lender pursuant to which the borrower will receive such easements as are reasonably required for the continued use and operation of the remaining mortgaged property (the “Remaining Property”), (iii) a date down of a legal memorandum previously provided to the lender stating that after the release the Remaining Property will be in compliance with certain legal requirements, (iv) in the event that parking as required by legal requirements is not located on the Remaining Property, parking agreements necessary for the borrower to provide the Remaining Property with sufficient parking as required by legal requirements, which parking agreements must be reasonably satisfactory to the lender, (v) delivery of an officer’s certificate from the borrower stating, among other things, that the release will not (1) adversely affect the rights of the lender under the loan documents with respect to the Remaining Property, (2) violate any document or instrument affecting the Remaining Property, or (3) adversely affect the use or operation of, or access to, the Remaining Property, and (vi)  compliance with REMIC related conditions.   

 

With respect to Loan No. 5, The Reef, it is anticipated that after any release of the release parcels, buildings will be constructed on such parcels, and that such buildings will obstruct certain views of the LED Signage. We cannot assure you that such construction will not result in a Reduction Event (as defined below). In addition, it is possible that office buildings will be constructed that could compete with The Reef Property or construction on such parcels could adversely affect the use and operation of The Reef Property.  
 
With respect to Loan No. 5, The Reef, approximately 40.2% of the underwritten effective gross income of the mortgaged property is from the licensee of the LED Signage located at the mortgaged property.  If any of the following (each a “Reduction Event”) occurs; (a) the advertising copy on the display area becomes materially obstructed from the view of vehicular traffic traveling in either direction on the 10 Freeway through no fault of licensee, (b) electrical service to the display area becomes unavailable or is interrupted, (c) based on the evaluation of a qualified, reputable and licensed general contractor, qualified, reputable and licensed electrical engineer or governmental authority, the structure cannot safely be used for the erection or maintenance of the display area for any reason, (d) the licensor is unable to obtain or maintain any permit for the continued use and/or maintenance of the display area, or (e) the licensor otherwise fails to repair, maintain or replace the structure and/or the display area, including the LED screen, and such Reduction Event results in a material and adverse reduction in net revenue for five business days (as to the events in (b) through (e)), or 30 consecutive days (as to the events in (a)), the licensor and licensee are required to agree to an equitable adjustment of the rent for the LED Signage, or if the parties cannot agree, such reduction is required to be determined by an arbitration process.
 
With respect to Loan No. 5, The Reef, it is anticipated that after any release of the release parcels, buildings will be constructed on such parcels, and that such buildings will obstruct certain views of  the LED Signage.  We cannot assure you that such construction will not result in a Reduction Event.
 

 

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With respect to Loan No. 7, Bell Works, the borrower is permitted to defease the Bell Works Whole Loan at any time after the earlier to occur of (i) the end of the two-year period commencing on the closing date of the securitization that includes the last pari passu note to be securitized or (ii) April 8, 2026. The assumed lockout period of 26 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 8, 79 Fifth Avenue, the lockout period will be at least 26 payment dates beginning with and including the first payment date in June 2022. Defeasance of the 79 Fifth Avenue Whole Loan in full is permitted at any time following the earlier to occur of (i) April 29, 2026 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 26 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 9, 111 River Street, the lockout period will be at least 29 payment dates beginning with and including the first payment date in March 2022. Defeasance of the 111 River Street Whole Loan in full is permitted at any time following the earlier to occur of (i) January 21, 2026 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 29 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, after the expiration of the related lockout period, the related borrower may release the West Mifflin, PA, Mossville, IL and Eldon, MO mortgaged properties to a third-party purchaser subject to satisfaction of conditions set forth in the Phoenix Industrial Portfolio VIII Whole Loan documents, including, without limitation, (i) no event of default exists under the Phoenix Industrial Portfolio VIII Whole Loan; (ii) the borrower delivers defeasance collateral in an amount equal to the greater of (a) 115% of the allocated loan amount for such mortgaged property and (b) 90% of the net proceeds of the sale of such mortgaged property; (iii) after giving effect to such release, (a) the debt service coverage ratio based on the trailing 12 months is at least equal to the greater of (A) the debt service coverage ratio immediately preceding such release and (B) 1.55x, (b) the debt yield for the remaining mortgaged properties following the release is at least equal to the greater of (A) the debt yield immediately preceding such release and (B) 10.8%, and (c) the loan-to-value ratio for the remaining mortgaged properties following the release does not exceed the lesser of (A) the loan-to-value ratio for all of the mortgaged properties prior to the release or (B) 64.6%; (iv) the borrower pays all of the lender’s out-of-pocket costs and expenses incurred in connection with such release (including, without limitation, reasonable legal fees); and (v) satisfaction of customary REMIC requirements. The borrowers are also permitted to release certain vacant portions of the Church Hill, TN, West Mifflin, PA and Eldon, MO mortgaged properties without defeasance or prepayment, provided that certain conditions, including among others, conditions relating to separate tax lots, compliance with zoning, parking and other legal requirements, and compliance with REMIC regulations, are satisfied.
 
With respect to Loan No. 12, PentaCentre Office, the lockout period will be at least 25 payment dates beginning with and including the first payment date in July 2022. Defeasance of the PentaCentre Office Whole Loan is permitted at any time after the earlier to occur of (i) the end of the two-year period commencing on the closing date of the securitization that includes the last pari passu note to be securitized or (ii) June 2, 2026. The assumed lockout period of 25 payments is based on the closing date of this transaction in July 2022. The actual lockout period may be longer.
 
With respect to Loan No. 13, Sun Belt Self-Storage Portfolio, any time after the permitted defeasance date and prior to the open date, the borrower may obtain a release upon provided, among other things, (i) there is no event of default under the related loan documents, (ii) the borrower shall partially defease the loan in the amount equal to the applicable release price of the allocated loan amount with respect to such individual property, (iii) the debt yield with respect to the remaining individual properties being not less than the greater of (x) 9.84% and (y) the debt yield immediately prior to such release, (iv) the loan-to-value ratio after such release shall not be greater than the lesser of (x) 57.4% and (y) the loan-to-value ratio immediately prior to such release, and (v) the loan-to-value ratio immediately following release shall not be greater than 125%.
 

With respect to Loan No. 25, Wyndham National Hotel Portfolio, after the expiration of the related lockout period, the related borrower is permitted to obtain the release of any individual mortgaged property upon a sale to a third party not affiliated with the borrower, provided that, among other conditions: (a) the borrower provides at least 15 business days’ prior written notice; (b) the borrower prepays the whole loan in an amount equal to 120% of the allocated loan amount, along with any applicable yield maintenance premium; (c) after giving effect to such release, (i) the debt service coverage ratio based on the trailing 12 months is no less than the greater of (A) the debt service coverage ratio immediately preceding such release and (B) 1.94x, (ii) the debt yield (based on net cash flow) for the remaining mortgaged properties following the release is no less than the greater of (A) the debt yield (based on net cash flow) immediately preceding such release and (B) 14.2%, and (iii) the loan-to-value ratio for the remaining mortgaged properties following the release does not exceed the lesser of (A) 67.4% or (B) the loan-to-value ratio for all of the mortgaged properties prior to the release; (d) the borrower delivers evidence

 
 

 

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reasonably satisfactory to the lender that the related franchisor has agreed to, as applicable, (i) the assignment, transfer or termination of the related franchise agreement or (ii) the release of such mortgaged property from such franchise agreement, as described in the whole loan documents; (e) the borrower pays all of the lender’s out-of-pocket costs and expenses incurred in connection with such release (including, without limitation, reasonable legal fees); and (f) satisfaction of customary REMIC requirements. Notwithstanding the foregoing, the borrower may obtain the release of an individual mortgaged property at any time without satisfying the above described debt service coverage ratio test, debt yield test and loan-to-value test (and without satisfying the requirement of a sale to an unaffiliated third party) if (a) such release would cure a non-monetary event of default which relates solely to such individual mortgaged property, (b) in connection with the exercise by BNSF Railway Company to relocate the lodging facility at the Travelodge – 108 6th Avenue mortgaged property, or (c) in connection with the exercise by Canadian Pacific to purchase the lodging facility at the Baymont Inn & Suites – 100 15th Street Southeast mortgaged property, in each case of (c)(i), (c)(ii) or (c)(iii) above, in accordance with the terms set forth in the whole loan documents, including, without limitation, payment of a release price equal to 120% of the allocated loan amount plus any applicable yield maintenance premium, provided that the REMIC release requirements are satisfied.
 
With respect to Loan No. 37, Beverly Industrial Park, at any time prior to the mortgage loan maturity date, the related borrower may obtain the release of two parcels of land, as more particularly described in the related mortgage loan documents, located in Essex County, Massachusetts numbered as 110 and 116 Park Street (the “Park Street Release Property”), provided that, among other things, (i) the related borrower must provide 30 days prior written notice of the partial release, (ii) the related borrower partially prepays a portion of the related mortgage loan equal to a release price that is 120% of the allocated loan amount for the Park Street Release Property, (iii) after giving effect to the release, the debt yield of the remaining mortgaged property is not less than the greater of the (a) debt yield as of the origination date of the related mortgage loan or (b) the debt yield with respect to the mortgaged property, based upon the trailing three months immediately prior to the consummation of the partial release, (iv) after giving effect to the release, the loan-to-value ratio of the remaining mortgaged property is not greater than the lesser of the (a) loan-to-value ratio as of the origination date of the related mortgage loan or (b) loan-to-value ratio with respect to the entire mortgaged property immediately prior to the consummation of the partial release and (v) the release is permitted under the REMIC requirements.
 
(13 – Future Additional Debt Permitted (Y/N), Additional Debt Exist (Y/N), Future Debt Permitted Type)
Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Indebtedness—Existing Mezzanine Debt,” “—Preferred Equity and Preferred Return Arrangements” and “Certain Legal Aspects of the Mortgage Loans” in the preliminary prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, concurrently with the funding of the Yorkshire & Lexington Towers Whole Loan, BMO and Citigroup Global Markets Realty Corp. (“CGMRC”), co-originated a mezzanine A loan in the amount of $80,000,000 to be secured by the mezzanine A borrower’s interests in the borrower, as collateral for the mezzanine A loan (the “Mezzanine A Loan”). The Mezzanine A Loan is coterminous with the Yorkshire & Lexington Towers Whole Loan. The Mezzanine A Loan accrues interest at a rate of 5.80000% per annum and requires interest-only payments until its maturity date. Concurrently with the funding of the Yorkshire & Lexington Towers Whole Loan, BMO and CGMRC, co-originated a mezzanine B loan in the amount of $23,100,000 to be secured by the mezzanine B borrower’s interests in the borrower, as collateral for the mezzanine B loan (the “Mezzanine B Loan”). The Mezzanine B Loan is coterminous with the Yorkshire & Lexington Towers Whole Loan. The Mezzanine B Loan accrues interest at a rate of 7.14000% per annum and requires interest-only payments until its maturity date. Concurrently with the funding of the Yorkshire & Lexington Towers Whole Loan, BMO and CGMRC, co-originated a mezzanine C loan in the amount of $25,000,000 to be secured by the mezzanine C borrower’s interests in the borrower, as collateral for the mezzanine C loan (the “Mezzanine C Loan”). The Mezzanine C Loan is coterminous with the Yorkshire & Lexington Towers Whole Loan. The Mezzanine C Loan accrues interest at a rate of 8.00000% per annum and requires interest-only payments until its maturity date. Concurrently with the funding of the Yorkshire & Lexington Towers Whole Loan, BMO and CGMRC, co-originated a mezzanine D loan in the amount of $46,400,000 to be secured by the mezzanine D borrower’s interests in the borrower, as collateral for the mezzanine D loan (the “Mezzanine D Loan”). The Mezzanine D Loan is coterminous with the Yorkshire & Lexington Towers Whole Loan. The Mezzanine D Loan accrues interest at a rate of 9.46185345% per annum and requires interest-only payments until its maturity date. 
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, the borrowers are permitted to obtain a mezzanine loan subject to the satisfaction of certain conditions including, but not limited to: (i) the loan-to-value ratio on the aggregate of the mortgage loan and the mezzanine loan is not greater than 64.6%, (ii) the trailing 12-month period debt service coverage ratio on the aggregate of the mortgage loan and the mezzanine loan is equal to or greater than 1.55x, (iii) the debt yield on the aggregate of the mortgage loan and the mezzanine loan is equal to or greater than 10.8%, (iv) the lender has approved
 
 

 

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the mezzanine loan, (v) the lender executes a mezzanine intercreditor agreement, and (vi) the lender has received a rating agency confirmation.
 
(14 – Underwritten NOI DSCR (x), Underwritten NCF DSCR(x))
The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the Origination Date during the term of the mortgage loan.
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the UW NOI is greater than Most Recent NOI due in part to (i) the borrower sponsors recently renovating 57 units, which has increased rents at the Yorkshire & Lexington Towers Properties, (ii) underwritten straight-lined rent for CVS Pharmacy and (iii) disbursements from the Supplemental Income Reserve of $5,226,004.
 
With respect to Loan No. 5, The Reef, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by increased income from the LED Signage and is also driven by underwriting of the County of LA Expansion Space.
(15 – Underwritten Capital Items) 
In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing.
 
With respect to Loan No. 7, Bell Works, a $850,000 credit for the $8,500,000 tenant improvement and leasing commissions escrow was underwritten on the whole loan. The $8,500,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions.
 
(16 – Historical Financials)
With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction.
 
With respect to Loan No. 2, The Lion Building, Historical financials and occupancy are not applicable. The building was in different uses prior to the full renovation in 2021.
 
With respect to Loan No. 3, KB Portfolio, historical financial information is not available as a result of acquisition financing and the seller did not provide operating history for the portfolio.
 
With respect to Loan No. 4, 3075 Olcott, the underwritten TI/LC figure is $0.00 per square foot as the whole loan features a major tenant TI/LC reserve that will sweep 18 months of excess cash flow (approximately $9.8 million) prior to loan maturity.
 
With respect to Loan No. 6, 360 Rosemary, historical financial information is not available as the mortgaged property was built in 2021.
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, a $150,000 credit for the $1,500,000 tenant improvement and leasing commissions escrow was underwritten on the whole loan. The $1,500,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions.
 
With respect to Loan No. 11, Fleet Farm Sioux Falls, historical financial information is not available as the mortgaged property is occupied by a single tenant.
 
With respect to Loan No. 15, Cheshire Station, historical financial information prior to the trailing-12 months ending December 2019 is not available as it was not provided by the sellers.
 
With respect to Loan No. 16, Kewaunee Scientific, historical financial information is not available as it was not provided by the sellers.
 
With respect to Loan No. 18, 1901 10th Avenue, historical financials prior to the most recent period are not available as the mortgaged property was built in 2020.
 
With respect to Loan No. 21, Dollar Self Storage #21 - Goodyear, historical financial information prior to the trailing-12 months ending March 2022 is not available as the mortgaged property was built in 2020.
 

 

 

 

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With respect to Loan No. 24, Longwood Industrial, historical financial information prior to the trailing-12 months ending December 2019 is not available as a result of acquisition financing and the seller did not provide operating history. 
 
With respect to Loan No. 29, Waygate Technologies, capital expenditures are underwritten to $0 due to the upfront reserves for capital expenditures ($73,820) and roof repair ($200,000) totaling $273,820. The property condition report prepared for the lender estimated replacement costs over a 12-year period totaling $262,582 inflated including approximately $200,000 for the roof repair. 
 
With respect to Loan No. 29, Waygate Technologies, tenant improvements and leasing commissions are underwritten to $0. The upfront TI/LC reserve totaling $295,280 was applied as a credit to the underwritten TI/LCs (distributed 50/50 across tenant improvements and leasing commissions) over the 10-year loan term, which results in no expense.
 
With respect to Loan No. 30, Westcliff Plaza, historical financial information prior to the trailing-12 months ending December 2020 is not available as it was acquired in December 2019.
 
With respect to Loan No. 32, Cooper Commerce Center, historical financial information is not available as it was not provided by the sellers.
 
With respect to Loan No. 36, Cleveland Corners, a $15,000 credit for the $150,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $150,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions.
 
With respect to Loan No. 37, Beverly Industrial Park, historical financial information prior to the trailing-12 months ending December 2020 is not available as the borrower purchased the mortgaged property in 2019.
 
With respect to Loan No. 4, 3075 Olcott, historical financial information is not available because the mortgaged property was built in 2022.
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, the Third Most Recent financial information is unavailable for the West Mifflin, PA, Church Hill, TN and Kingsport, TN mortgaged properties as the borrower sponsor acquired those mortgaged properties in 2020.
 
With respect to Loan No. 29, Waygate Technologies, the Third Most Recent financial information is unavailable as the seller did not provide such information.
 
(17 – Title Type)
 
(18 – Upfront Escrows)
Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents.
 
(19 – Monthly Escrows)
Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain 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.
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the guarantors are required to provide a carry guaranty acceptable to the lender until a debt yield on the total debt of at least 5.0% has been achieved (without taking into account any disbursement of supplemental income reserve funds) for one calendar quarter, provided no event of default then exists. On a quarterly basis after May 2023, if the lender, in its reasonable discretion, determines that additional deposits to the supplemental income reserve are required to achieve a debt yield of 5.0% for the period ending on the 12 month anniversary of the first annual determination of such requirement, the borrower will be required to make such additional deposits to the supplemental income reserve within 15-business days’ notice, which obligation will be guaranteed by the guarantors pursuant to the carry guaranty. Notwithstanding the foregoing, such carry guaranty will be limited to the amounts required to be deposited into the supplemental income reserve on a quarterly basis.
 
With respect to Loan No. 2, The Lion Building, Borrower may deliver a Letter of Credit to prevent or stop a Lease Sweep Period in an amount equal to $50 psf of the applicable space.
 
 

 

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With respect to Loan No. 2, The Lion Building, the capital expenditure reserve is capped at $86,164.00. $130,000 is reserved for sidewalk repairs at closing and after completion of the repairs any remaining funds will count towards the cap.
 
With respect to Loan No. 2, The Lion Building, $1,500,000.00 and $1,204,315.00, respectively, were reserved for tenant improvements for Embark and IDEO. $472,071.25 and $1,769,745.50, respectively, were reserved for outstanding leasing commissions for Embark and IDEO.
 
With respect to Loan No. 2, The Lion Building, the Monthly TI/LC Reserve is currently suspended so long as no Trigger period is continuing and the IDEO and Embark Leases are in full force and effect with all obligations under the leases related to TI/LC satisfied.
 
With respect to Loan No. 3, KB Portfolio, when the replacement reserve falls below $400,000, the borrower will be required to escrow approximately $4,725 on a monthly basis for replacements until the aggregate amount in the replacement reserve reaches the $600,000 cap. 
 
With respect to Loan No. 3, KB Portfolio, when the tenant improvements reserve falls below $2,500,000, the borrower will be required to escrow approximately $35,436 on a monthly basis for tenant improvements until the aggregate amount in the tenant improvement reserve reaches the $4,500,000 cap.
 
With respect to Loan No. 3, KB Portfolio the borrower is required to make monthly deposits of $30,220 into the real estate reserve subaccount for all properties except Waystar Building, Fresenius Kidney Care and Auburn Medical Mortgaged Properties which have a springing tax reserve.
With respect to Loan No. 6, 360 Rosemary, on each payment date during a trigger period, the borrower will be required to make monthly deposits of $19,804.19 into the tenant improvement and leasing costs reserve subaccount.
With respect to Loan No. 6, 360 Rosemary, on each payment date during a trigger period, the borrower will be required to make monthly deposits of $3,960.84 into the replacement reserve subaccount. 
 
With respect to Loan No. 7, Bell Works, the borrower is required to deposit approximately $114,289.17 into a leasing reserve, on a monthly basis, until the balance on deposit in such leasing reserve equals or exceeds $8,500,000. 
 
With respect to Loan No. 7, Bell Works, the borrower is required to deposit into a put price reserve, on a monthly basis, from the payment date occurring in July 2024 through and including the payment date in June 2026, an amount equal to approximately $82,130; provided that such obligation may be satisfied upon delivery to lender of a letter of credit in an amount not less than the amount sufficient to pay to HTC Investor all amounts due and payable in connection with the exercise of the Put Option, which letter of credit serves as additional collateral for the Whole Loan for so long as such letter of credit remains outstanding.
 
With respect to Loan No. 9, 111 River Street, on the first payment date when the balance of the TI/LC reserve falls below $2,360,000 and on each payment date thereafter until the balance of the TI/LC reserve is at least $2,360,000, the borrowers will be required to escrow monthly the amount of $46,477 for tenant improvements and leasing commissions.
 
With respect to Loan No. 11, Fleet Farm Sioux Falls, when the capital improvements reserve falls below the $200,000 cap, the borrower will be required to escrow approximately $3,165 on a monthly basis for capital expenditures.
 
With respect to Loan No. 11, Fleet Farm Sioux Falls, when the tenant improvements reserve falls below $600,000, the borrower will be required to escrow approximately $10,128 on a monthly basis for tenant improvements until the aggregate amount in the tenant improvement reserve reaches the $600,000 cap.
 
With respect to Loan No. 16, Kewaunee Scientific, on each payment date during a trigger period, the borrower will be required to make monthly deposits into a capital expenditures reserve, on a monthly basis, $5,204, for payment of capital expenditures.
 
With respect to Loan No. 19, Waikele Self-Storage Park, the borrower is required to deposit 1/12th of an amount which would be sufficient to pay the condominium assessments payable, or estimated by the lender to be payable, during the next ensuing twelve (12) months assuming that said condominium assessments are to be paid in full prior to the date such assessments are due and payable. The borrower will not be obligated to make such deposits so long as (i) no event
 
 

 

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of default has occurred and is continuing under the Mortgage Loan documents, (ii) no default exists under the related condominium documents, and (iii) the balance on deposit in the condominium reserve is not less than an amount equal to two months of condominium assessments (initially estimate to be approximately $58,117. 
 
With respect to Loan No. 23, Rego Park II, when the tenant improvements reserve falls below $175,000, the borrower will be required to escrow approximately $9,541 on a monthly basis for tenant improvements until the aggregate amount in the tenant improvement reserve reaches the $175,000 cap.
 
With respect to Loan No. 24, Longwood Industrial, upon the tenant improvements reserve falling below $400,000, the borrower will be required to escrow approximately $4,263 on a monthly basis for tenant improvements until the aggregate amount in the tenant improvement reserve reaches the $400,000 cap. The reserve cap can be reduced to $150,000 or $250,000 upon certain conditions being met per the loan agreement.
 
With respect to Loan No. 27, NTG Industrial Portfolio, during the first five months of the loan term $16,000 will be deposited into the immediate repair reserve. 
 
(20 – Reserve Caps)
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.
 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the lender may require the borrowers to make additional Supplemental Income Reserve deposits if and to the extent the lender determines, in its reasonable discretion on a quarterly basis on and after May 6, 2023, that additional Supplemental Income Reserve deposits are required in order to achieve (when the additional deposit and all other deposits in the Supplemental Income Reserve account are added to net cash flow for the Mortgaged Properties) a 5.00% transient Total Debt debt yield for the following 12, 9, 6 or 3 months (such applicable 12, 9, 6 or 3- month period depending on the quarter with respect to which such determination by the lender is made). The guarantors provided a related carry guaranty of certain carry costs, including real estate taxes, insurance premiums, debt service and operating expenses, for the period until the Yorkshire & Lexington Towers Mortgaged Properties achieve a 5.00% transient Total Debt debt yield (excluding the amount on deposit in the supplemental income reserve). The obligations of the guarantors under such carry guaranty are limited to the additional supplemental income reserve deposit amount as and when due.
 
With respect to Loan No. 4, 3075 Olcott, on a monthly basis, the borrower is required to deposit approximately $4,110 for replacement reserves, subject to a cap of approximately $147,964. Notwithstanding the foregoing, for so long as (x) the Amazon.com Services LLC (“AWS”) lease is in full force and effect and the entirety of the mortgaged property is leased to AWS and no less than 12 months remain under its lease term and (y) no material tenant trigger event is continuing, the lender waives the monthly replacement reserve deposits requirement.
 
With respect to Loan No. 4, 3075 Olcott, on a monthly basis, the borrower is required to deposit $41,101 for rollover reserves, subject to a cap of $1,479,636. Notwithstanding the foregoing, for so long as the AWS lease is in full force and effect and the entirety of the mortgaged property is leased to AWS, the lender waives the monthly rollover reserve deposits requirement. The borrower is required to deposit with the lender all amounts paid to the borrower in connection with, among other things, any termination, surrender, cancellation or buy-out of any lease (in whole or in part) (including in connection with the exercise of any contraction option) (the “Extraordinary Lease Payments”), which the lender is required to disburse in accordance with the 3075 Olcott Whole Loan documents. Any Extraordinary Lease Payments remaining after the applicable premises have been re-tenanted, the applicable tenant is in occupancy and paying full, unabated rent, will be released to the borrower.
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, on a monthly basis, the borrowers are required to deposit 1/12th of an amount which would be sufficient to pay annual insurance premiums for the renewal of coverages (currently equivalent to approximately $19,049 a month); provided, such monthly deposits will be waived so long as the borrowers maintain a blanket insurance policy acceptable to the lender.
 
With respect to Loan No. 25, Wyndham National Hotel Portfolio, the borrower is required to deposit on each monthly payment date an amount equal to the greater of (i) (a) on each monthly payment date through and including December 6, 2022, an amount equal to 1/12th of 3.0% of gross income from operations during the calendar year immediately preceding the calendar year in which such monthly payment date occurs and (b) on each monthly payment date thereafter, an amount

 

 

 

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equal to 1/12th of 4.0% of gross income from operations during the calendar year immediately preceding the calendar year in which such monthly payment date occurs or (ii) the aggregate amount, if any, required to be reserved under the management agreement and the franchise agreement for annual capital expenditures.
 
With respect to Loan No. 29, Waygate Technologies, the monthly escrow for insurance and taxes will be waived so long as no event of default has occurred and is continuing, and (i) the Waygate Technologies lease remains in full force and effect, (ii) no material tenant trigger event is continuing, (iii) Waygate Technologies is obligated pursuant to its lease to pay all applicable taxes and other assessments (if any) and maintain insurance consistent with the insurance requirements set forth in the mortgage loan documents, and (iv) Waygate Technologies performs such obligations in a timely manner and the borrower provides evidence of such performance by Waygate Technologies to the lender in a timely manner.
 
With respect to Loan No. 36, Cleveland Corners, the borrowers were required to deposit $150,000 at origination into a rollover reserve. On each monthly payment date, the borrowers are required to deposit $5,860 for rollover reserves, subject to a cap of $150,000.
 
(21 – Tenancy Information)
In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates.
 
With respect to Loan No. 5, The Reef, The Largest Tenant, the County of LA, has the right to terminate its lease  at any time after April 2027 with 180 days’ prior written notice and the payment of a termination fee equal to the unamortized portion of the tenant improvement allowance and change orders amortized at an 7% interest rate, if any (amortized tenant improvements are not included in the underwritten net cashflow).
 
With respect to Loan No. 8, 79 Fifth Avenue, the Second Largest Tenant, CapGemini America, Inc. leases 21,500 SF of space that expires on January 31, 2027, and 43,000 SF of space that expires on September 30, 2027. CapGemini America, Inc. has a one-time right to terminate its lease with respect to approximately 66.7% of its space effective October 13, 2024 upon 12 months’ prior notice and payment of a termination fee. If CapGemini America, Inc. does not exercise such option, it is entitled to an approximately $250,833 per month rent credit for the two months following the date such termination option would become effective.
 
With respect to Loan No. 8, 79 Fifth Avenue, the Largest Tenant, The New School, currently subleases a portion of the 18th floor totaling 8,820 SF to Gene Kaufman Architect, P.C., which sublease expires December 31, 2022.
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, on a monthly basis, the borrowers are required to deposit approximately $29,113 for rollover reserves if at any time the balance of the reserve falls below $500,000, until such time as the reserve is restored to a cap of $1,500,000.
 
(22 – Tenancy Information)
With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property.
 
(23 – Tenancy Information)
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.
 
With respect to Loan No. 2, The Lion Building, there is no Base Rent due for the 36th, 48th, 60th, 72nd, 84th, 96th and the final month for IDEO. As of closing, an amount of $5,304,696 was reserved for free rent under the IDEO lease.
 
With respect to Loan No. 2, The Lion Building, per the leases, tenants posted security deposits with landlord when the leases were signed. The security deposit is $3,089,694 (approximately 10 months of rent) for Embark and $4,631,047 (approximately 7 months of rent) for IDEO. The total amount of security deposit is held back in a lender controlled account at closing.
 
With respect to Loan No. 2, The Lion Building, with respect to IDEO’s security deposit, so long as the tenant is not in default, at the end of 60th month of the lease term, the amount of the security deposit will be reduced to $2,778,628.32. With respect
 
 

 

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to Embark’s security deposit, so long as there are no defaults continuing, the amount of the security deposit decreases on the anniversary of the lease commencement date each year as follows: (1) Year 2, reduced to an amount equal to 9 months’ rent at the 1st year rental rate, (2) Year 3, reduced to an amount equal to 8 months’ rent at the 1st year rental rate, (3) Year 4, reduced to an amount equal to 7 months’ rent at the 1st year rental rate, (4) Year 5, reduced to an amount equal to 6 months’ rent at the 1st year rental rate. The reduction of the security deposit will be via a payment to the tenant in the form of cash or check. In addition, the tenant will have the right, at its option at any time during months 25 to 36 of the lease term, upon 60 days’ notice in advance to the landlord, to deliver to the landlord a letter of credit issued by Silicon Valley Bank in the amount of the cash security deposit, and the landlord will then refund the cash security deposit to the tenant.
 
With respect to Loan No. 3, KB Portfolio, the sole tenant at the Penn State Health Mortgaged Property, St. Joseph Regional Health Network (Penn State Health) (“St. Joseph”), has the right to terminate its lease on February 28, 2030 provided that St. Joseph (a) gives the landlord 180 days prior written notice and (b) pays a fee of approximately $1,021,483.
 
With respect to Loan No. 12, PentaCentre Office, the Largest Tenant, Midland Credit Management, Inc. has a one-time right to terminate its lease effective July 31, 2023 by providing written notice prior to February 1, 2023 and paying a termination fee of approximately $1,266,805. 
 
With respect to Loan No. 12, PentaCentre Office, the Second Largest Tenant by base rent, One10, LLC may terminate its lease on August 31, 2026 with 180 days’ prior written notice and payment of a termination fee equal to the sum of the unamortized amount of the allowance, free rent, and commissions, plus interest, plus two months base rent at the time.
 
With respect to Loan No. 12, PentaCentre Office, the Fourth Largest Tenant by base rent, EASI, LLC, has
the one-time right to terminate its lease effective January 31, 2025 upon 7 months’ prior notice to the
related landlord and payment of a termination fee.
 
With respect to Loan No. 12, PentaCentre Office, the Fifth Largest Tenant by base rent, Pulte Home
Company, LLC, has the one-time right to terminate its lease in September 2025 upon 6 months’ prior
notice to the related landlord and payment of a termination fee.
 
With respect to Loan No. 23, Rego Park II, the largest tenant at the Mortgaged Property, Duane Reade, has the right to terminate its lease on January 1, 2025. 
 
With respect to Loan No. 24, Longwood Industrial, (i) the second largest tenant at the Bennett Commerce Center Mortgaged Property, Forthofer Marketing, Inc., has the right to terminate its lease on May 31, 2024, provided that it delivers written notice of its intent to terminate the lease to the landlord no later than January 31, 2024 and (ii) the second largest tenant at the Big Tree Center Mortgaged Property, Florida Dermal Institute, has the right to terminate its lease on May 24, 2024, provided that it delivers written notice of its intent to terminate the lease to the landlord no later than January 31, 2024.
 
(24 – Non-Recourse Carveout Guarantor)
With respect to Loan No. 17, 2 Riverfront Plaza, the mortgage loan does not have a separate carveout guarantor that is distinct from the borrower.
 
(25 – Related Group)
Each letter identifies a group of related borrowers.
With respect to Loan No. 4, 3075 Olcott, there is no non-recourse carveout guarantor or separate environmental indemnitor.
 
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, Phoenix Logistics, an affiliate of the borrowers, is the sole tenant at the Kingsport, TN mortgaged property and is the Second Largest Tenant at the Church Hill, TN mortgaged property.
 
(26 – Lockbox Type)
The classification of the lockbox types is described in the preliminary prospectus. See “Description of the Mortgage Pool—Certain Calculations and Definitions” in the preliminary prospectus for further details.
 
With respect to Loan No. 20, Corporate Center Building G, the springing lockbox will become a hard lockbox on November 1, 2025 unless (i) the borrower deposits a letter of credit in the amount of $540,000 or (ii) both Berkshire Hathaway Home Services (Americana, LLC) and Encore Productions have exercised their five-year contractual options by such date. A cash flow sweep will not be triggered solely upon this date so long as no other lockbox trigger has commenced.
 

 

 

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(27 – Tax Abatements)
With respect to Loan No. 7, Bell Works, the mortgaged property is subject to a 30-year PILOT agreement, dated June 17, 2014, between the borrower and Holmdel Township. The borrower is obligated to make PILOT payments in exchange for certain exemptions from property taxes on real and personal property. The PILOT payment is based on a formula that factors in the percentage of the gross annual rent generated at the mortgaged property. For the first five years of the term the percentage is 10.25%, and thereafter the percentage increases 0.25% through year 25 with a cap set at an amount equal to 80% of what conventional taxes would be otherwise. Taxes were underwritten at $3,707,005 based on 10.5% of underwritten effective gross income per the terms of the PILOT agreement. Additionally, in connection with the rehabilitation and conversion of the Mortgaged Property to its current use, the mortgaged property qualifies for an HTC allowed for qualified rehabilitation expenditures incurred in connection with the certified rehabilitation of a certified historic structure and the HTCs are not collateral for the mortgage loan. The borrower leases the mortgaged property to the Bell Works Master Lessee pursuant to the terms of that certain Master Lease Agreement dated December 14, 2017, as amended (the “Bell Works Master Lease”). The borrower elected to pass-through the HTC to the Bell Works Master Lessee. Pursuant to a subordination, non-disturbance and attornment agreement among the lender, the borrower, the Bell Works Master Lessee and the Bell Works HTC Investor, the Bell Works Master Lease is subordinate to the lien of the mortgage in exchange for the lender’s agreement to not terminate the Bell Works Master Lease until the next business day following the 5th anniversary of the date on which the last qualified rehabilitation expenditure as with respect to the mortgaged property is first placed in service, but in no event later than April 1, 2026. Pursuant to the subordination, non-disturbance and attornment agreement, the lender must provide Bell Works HTC Investor prior written notice of its intention to commence any enforcement action under the Mortgage Loan documents, the Bell Works HTC Investor is entitled to receive notices of defaults under the mortgage loan documents, and the Bell Works HTC Investor has a period of not less than 10 days to cure such defaults. In addition, the Bell Works HTC Investor has certain rights to remove the borrower’s general partner and/or the Bell Works Master Lessee’s managing member, subject to certain terms and conditions set forth in the subordination, non-disturbance and attornment agreement.
 
With respect to Loan No. 9, 111 River Street, the mortgaged property is not subject to the imposition or payment of taxes during the term of the ground lease, provided that, in lieu thereof, the borrowers shall pay to the City of Hoboken, New Jersey, in equal quarterly installments, the annual PILOT rent, which is the product of the Applicable PILOT Rate (as subject to adjustment) and the applicable number of development square feet. The initial Applicable PILOT Rate was set at $2.00 PSF and increased by 2.75% compounded annually with increases effective every five years. Starting in May 2022 the PILOT Rate will increase yearly by the greater of (i) 2.00% and (ii) the increase in the tax rate for Hudson County. The borrowers have the right at any time to have the 111 River Street Property placed on the tax rolls and become subject to the payment of ad valorem real estate taxes (at which time, the borrowers’ obligation to make the annual PILOT rent payments will cease); however, pursuant to the 111 River Street Whole Loan documents, the borrowers have agreed to not to make any such election to have the 111 River Street Property placed on the tax rolls or to otherwise cause, permit or suffer the mortgaged property (or any portion thereof) to become subject to the payment of ad valorem real estate taxes. If not earlier terminated, the PILOT is co-terminus with the ground lease (expiring September 30, 2098).
 
(28 – Master Lease) 
With respect to Loan No. 3, KB Portfolio, KB Diversified Healthcare 60, DST entered into a master lease with KB Diversified Healthcare 60 MT, LLC on May 19, 2022, for a 10-year term with an expiration date on June 1, 2032.
 
With respect to Loan No. 7, Bell Works, Somerset Holmdel Development I Urban Renewal, L.P. entered into a master lease with Bell Works Master Tenant, LLC on December 14, 2017, for a 32-year term with an expiration date on December 14, 2049.
 
With respect to Loan No. 11, Fleet Farm Sioux Falls, KB Sioux Falls, DST entered into a master lease with KB Sioux Falls MT, LLC on April 20, 2022, for a 10-year term with an expiration date on May 1, 2032.
 
With respect to Loan No. 16, Kewaunee Scientific, CAI Investments Medical Products I, DST entered into a master lease with CAI Investments Medical Products I Master Lessee, LLC on March 24, 2022. The master lease has six renewal terms of five years each. 
 
With respect to Loan No. 17, 2 Riverfront Plaza, TRF Urban Renewal Property Corp. entered into a master lease with Two Riverfront Urban Renewal Lessee, LLC on December 8, 2021, for a 10-year term with an expiration date on January 6, 2032.
 
 

 

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With respect to Loan No. 29, Waygate Technologies, a master lease was entered into effective as of May 27, 2022 between 721 Skaneateles, DST and 721 Skaneateles Master Lessee, LLC for a 10-year term. The master lease has three renewal terms for five years each.
 
(29 – Property Located Within a Qualified Opportunity Zone (Y/N))
Property Located Within a Qualified Opportunity Zone (Y/N) reflects mortgaged properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ.
 
(30 – Other)
With respect to Loan No. 2, The Lion Building, Michael Moritz is the Chairman of Sequoia Capital which owns 14.6% of the Class A common stock in Embark Trucks. Although Sequoia has a seat on the board, it does not control the company.
 
(31 – Cash Flow Variance)
With respect to Loan No. 10, Phoenix Industrial Portfolio VIII, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to leasing totaling an additional approximately $1.4 million in base rent, $105,924 in rent steps through June 2023 and an additional $602,299 in recoveries. The Church Hill, TN and Kingsport, TN mortgaged properties were renovated in 2021.
 
With respect to Loan No. 36, Cleveland Corners, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to a recent lease with the Fourth Largest Tenant, Dollar Tree, commencing in January 2022 and other income from Lamar Signs.
 
(32 – Use of Funds)
 
(33 – Master Lease) 
 
(34 – Tenants-in-common) 
With respect to Loan No. 1, Yorkshire & Lexington Towers, the borrowers own the mortgaged properties as tenants-in-common.
 
With respect to Loan No. 8, 79 Fifth Avenue, the borrowers own the mortgaged property as tenants-in-common.
 
With respect to Loan No. 9, 111 River Street, the borrowers own the mortgaged property as tenants-in-common.
 
With respect to Loan No. 13, Sun Belt Self-Storage Portfolio, the borrowers own the mortgaged properties as tenants-in-common.
 
With respect to Loan No. 33, Mini U Storage – Woodbridge, the borrowers own the mortgaged property as tenants-in-common. 
 
With respect to Loan No. 36, Cleveland Corners, the borrowers own the mortgaged property as tenants-in-common.
 

 

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