FWP 1 n537_anxa-x6.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-195164-13
     

 

 

 

     
 

Wells Fargo Commercial Mortgage Trust 2015-LC22 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. 333-195164) 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, any 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 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.

 

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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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 Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. 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.

 

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

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. Prospective investors should understand that, when considering the purchase of the Offered Certificates, a contract of sale will come into being no sooner than the date on which the relevant class of certificates has been priced and the underwriters have confirmed the allocation of certificates to be made to investors; any “indications of interest” expressed by any prospective investor, and any “soft circles” generated by the underwriters, will not create binding contractual obligations for such prospective investors, on the one hand, or the underwriters, the depositor or any of their respective agents or affiliates, on the other hand.

As a result of the foregoing, a prospective investor may commit to purchase certificates that have characteristics that may change, and each prospective investor is advised that all or a portion of the certificates referred to in these materials may be issued without all or certain of the characteristics described in these materials. The underwriters’ obligation to sell certificates to any prospective investor is conditioned on the certificates and the transaction having the characteristics described in these materials. If the underwriters determine that a condition is not satisfied in any material respect, such prospective investor will be notified, and neither the depositor nor the underwriters will have any obligation to such prospective investor to deliver any portion of the Offered Certificates which such prospective investor has committed to purchase, and there will be no liability between the underwriters, the depositor or any of their respective agents or affiliates, on the one hand, and such prospective investor, on the other hand, as a consequence of the non-delivery.

Each prospective investor has requested that the underwriters provide to such prospective investor information in connection with such prospective investor’s consideration of the purchase of the certificates described in these materials. These materials are being provided to each prospective investor for informative purposes only in response to such prospective investor’s specific request. 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) no 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.

 

 
     

 

 
 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                
                 
Mortgage Loan
Number
  Property Name   Mortgage Loan Seller(1)   Cross Collateralized and Cross Defaulted
Loan Flag
  Address   City   State   Zip Code   General Property Type
1   40 Wall Street   LCF       40 Wall Street   New York   NY   10006   Office
2   The Meadows   LCF       201 & 301 Route 17 North   Rutherford   NJ   07070   Office
3   Somerset Park Apartments   RMF       1911 Golfview Drive   Troy   MI   48084   Multifamily
4   Townline Square   LCF       533 South Broad Street   Meriden   CT   06450   Retail
5   Sandpiper Apartments   RMF       4650 West Oakey Boulevard   Las Vegas   NV   89102   Multifamily
6   West Palm Beach Marriott   WFB       1001 Okeechobee Boulevard   West Palm Beach   FL   33401   Hospitality
7   Shoppes at Wilton   RMF       3062 State Highway 50   Saratoga Springs   NY   12866   Retail
8   San Diego Park N’ Fly   RMF       3298 Kettner Boulevard   San Diego   CA   92101   Other
9   Hickory Hills East   RMF       22501 Iverson Drive   Great Mills   MD   20634   Multifamily
10   The Jewelers Mall   WFB       625 South Hill Street   Los Angeles   CA   90014   Mixed Use
11   Schulman Crossing Power Center WFB       1331, 1450, 1490, 1530, 1540, 1610, 1660, 1670, 1680, 1690, 1710, 1740 Lareu Road   Garden City   KS   67846   Retail
12   Birchwood Glen Owners Corp.   NCB       E-60 Glen Hollow Drive   Holtsville   NY   11742   Multifamily
13   El Sol Del Rio Apartments   RMF       14405 Rio Bonito Road   Houston   TX   77083   Multifamily
14   Millburn Mall   WFB       2933 Vauxhall Road   Vauxhall   NJ   07088   Retail
15   Home Depot Tacoma   WFB       4602 Center Street   Tacoma   WA   98409   Retail
16   Jellystone Park   LCF       2301 South Burleson Boulevard   Burleson   TX   76028   Manufactured Housing Community
17   Clearwater Collection   RMF       21688-21800 US Highway 19 North   Clearwater   FL   33765   Retail
18   Memorial Regional Medical Office WFB       8200 Meadowbridge Road   Mechanicsville   VA   23116   Office
19   Hyatt Lisle   LCF       1400 Corporetum Drive   Lisle   IL   60532   Hospitality
20   Orchard Grove MHC   LCF       2835 South Wagner   Ann Arbor   MI   48103   Manufactured Housing Community
21   Homewood Suites Austin   WFB       4143 Governors Row   Austin   TX   78744   Hospitality
22   The Moors at Countryview   LCF       3675 Crossridge Lane   Canal Winchester   OH   43110   Multifamily
23   Tiberon Trails   LCF       1240 West 52nd Drive   Merrillville   IN   46410   Multifamily
24   Hollywood Student Housing   LCF       1550 North Wilcox Avenue   Los Angeles   CA   90028   Multifamily
25   Cushendall Commons   LCF       819 Arklow Drive   Rock Hill   SC   29730   Multifamily
26   Montevallo Place Apartments   RMF       1740 Woodbrook Trail   Alabaster   AL   35007   Multifamily
27   Best Western Seven Seas   WFB       411 Hotel Circle South   San Diego   CA   92108   Hospitality
28   Twain Estates   LCF       3651 Arville Street   Las Vegas   NV   89103   Multifamily
29   Marquis Crest Apartments   LCF       37 Tree View Drive   Lithonia   GA   30038   Multifamily
30   Maple Square- Phase I   LCF       1744 Ella Lane   Howell   MI   48843   Multifamily
31   Best Western International Drive - Orlando RMF       8222 Jamaican Court   Orlando   FL   32819   Hospitality
32   Alderwood Retail   LCF       3333 184th Street SW   Lynnwood   WA   98037   Retail
33   Forrest Oaks   RMF       2123 Rockford Street   Mount Airy   NC   27030   Retail
34   101-107 Post Road East & 28 Church Lane LCF       101-107 Post Road East & 28 Church Lane   Westport   CT   06880   Mixed Use
35   Starbucks Center   RMF       2105-2145 South University Drive   Davie   FL   33324   Retail
36   Tuscany Place   RMF       440 South 2nd Street West   Rexburg   ID   83440   Multifamily
37   Dollar General Portfolio   LCF       Various   Various   Various   Various   Retail
37.01   Dollar General - Decatur   LCF       17710 State Highway 58 North   Decatur   TN   37322   Retail
37.02   Dollar General - Bluff City   LCF       3977 Weaver Pike   Bluff City   TN   37618   Retail
37.03   Dollar General - Bean Station   LCF       3706 Highway 25 East   Bean Station   TN   37708   Retail
37.04   Dollar General - Enterprise   LCF       3585 Rucker Boulevard   Enterprise   AL   36330   Retail
37.05   Dollar General - Philadelphia   LCF       104 Christian Street   Philadelphia   TN   37846   Retail
37.06   Dollar General - Kingston   LCF       764 Gallaher Road   Kingston   TN   37763   Retail
37.07   Dollar General - Oliver Springs   LCF       105 Jackson Lane   Oliver Springs   TN   37840   Retail
38   Collister Shopping Center   WFB       4602-4774 West State Street   Boise   ID   83703   Retail
39   Homewood Suites Houston Intercontinental RMF       1340 North Sam Houston Parkway East   Houston   TX   77032   Hospitality
40   Hampton Inn - Auburn Hills   WFB       2200 Featherstone Road   Auburn Hills   MI   48326   Hospitality
41   Walgreens Puerto Rico   LCF       1800 Calle Navarra   Ponce   PR   00716   Retail
42   Sun and Sand Myrtle Beach   LCF       2701 South Ocean Boulevard   Myrtle Beach   SC   29577   Hospitality
43   Security Public Storage - Vacaville WFB       1090 Leisure Town Road   Vacaville   CA   95687   Self Storage
44   Courtyard Memphis East Lenox   RMF       3076 Kirby Parkway   Memphis   TN   38115   Hospitality
45   HIE Natchez   RMF       639 South Canal Street   Natchez   MI   39120   Hospitality
46   1255 Broad Street Medical Center RMF       1255 Broad Street   Bloomfield   NJ   07003   Office
47   Golden Gardens Apartments   RMF       2130 North Marks Avenue   Fresno   CA   93722   Multifamily
48   Hampton Inn & Suites - Clute   LCF       1121 Highway 332   Clute   TX   77531   Hospitality
49   SAAM Properties Apartments   LCF       343 Upper Stone Avenue & 386 Lower Stone Avenue   Bowling Green   KY   42101   Multifamily
50   Moulton Plaza   LCF       28083 Moulton Parkway   Laguna Niguel   CA   92677   Retail
51   Tivoli Apartments   LCF       412 Thurber Drive West   Columbus   OH   43215   Multifamily
52   Bishop Retail   RMF       1200 North Main Street   Bishop   CA   93514   Retail
53   67 Holly Hills   LCF       67 Holly Hill Lane   Greenwich   CT   06830   Office
54   EZ Self Storage Chippewa   WFB       4175 Chippewa Street   St. Louis   MO   63116   Self Storage
55   Premier Self Storage   RMF       6649 Black Horse Pike   Egg Harbor   NJ   08234   Self Storage
56   219 West 19th Street   LCF       219 West 19th Street   New York   NY   10011   Mixed Use
57   La Quinta - Sebring   RMF       4115 US 27 South   Sebring   FL   33870   Hospitality
58   Kohl’s   LCF       1905 22nd Ave Southwest   Minot   ND   58701   Retail
59   Comfort Suites - Firestone   RMF       11292 Business Park Circle   Firestone   CO   80504   Hospitality
60   Castleton Shoppes   RMF       6024-6066 East 82nd Street   Indianapolis   IN   46250   Retail
61   Hampton Inn Tampa East Seffner   RMF       11740 Tampa Gateway Boulevard   Seffner   FL   33584   Hospitality
62   Westchester Gardens Owners, Inc. NCB       445 Gramatan Avenue   Mount Vernon   NY   10552   Multifamily
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest RMF       200 North Point Way   Acworth   GA   30102   Hospitality
64   Walgreens - Idaho Falls   WFB       1604 West Broadway   Idaho Falls   ID   83402   Retail
65   Pelican Village   NCB       24830 South Tamiami Trail   Bonita Springs   FL   34134   Retail
66   Southwood Office   WFB       932-936 Southwood Boulevard   Incline Village   NV   89451   Office
67   Hudson Mews Apartment Corp.   NCB       256 West 10th Street, a/k/a 505-511 Hudson Street   New York   NY   10014   Multifamily
68   La Quinta - Elkton   RMF       304 Belle Hill Road   Elkton   MD   21921   Hospitality
69   Security Public Storage - Roseville WFB       715 Cirby Way   Roseville   CA   95678   Self Storage
70   Gwinnett Point   WFB       3502, 3512, 3522 Satellite Boulevard   Duluth   GA   30096   Retail
71   Holiday Inn Express  - Dayton   LCF       2650 Rhea County Highway   Dayton   TN   37321   Hospitality
72   North Bay Self Storage   WFB       720 Southpoint Boulevard   Petaluma   CA   94954   Self Storage
73   Patricia Gardens Owners, Inc.   NCB       1825-1833 Palmer Avenue   Larchmont   NY   10538   Multifamily
74   A Space Center Self Storage   RMF       808 South Main Street   Beacon Falls   CT   06403   Self Storage
75   Orange Grove MHP   LCF       1600 Celis Street   San Fernando   CA   91340   Manufactured Housing Community
76   3880 Lake Arrowhead Avenue   WFB       3880 Lake Arrowhead Avenue   Fremont   CA   94555   Retail
77   Wingate by Wyndham Houston Intercontinental RMF       1330 North Sam Houston Parkway East   Houston   TX   77032   Hospitality
78   Caledonia MHP   LCF       3572 Iroquois Road   Caledonia   NY   14423   Manufactured Housing Community
79   44 Church Lane   LCF       44 Church Lane   Westport   CT   06880   Retail
80   137-05 Franklin Avenue Owners, Inc. NCB       137-05 Franklin Avenue   Flushing   NY   11355   Multifamily
81   La Quinta Inn Acworth   RMF       184 North Point Way   Acworth   GA   30102   Hospitality
82   Palisade Gardens Apartments Corp. NCB       150 Glenwood Avenue   Yonkers   NY   10703   Multifamily
83   Storage Station - Wayne   WFB       2354 Hamburg Turnpike   Wayne   NJ   07470   Self Storage
84   Barbizon Building   WFB       3100 Lorna Road   Hoover   AL   35216   Office
85   Security Public Storage - Sacramento II WFB       6264-6310 Stockton Boulevard   Sacramento   CA   95824   Self Storage
86   215 Equities Corp.   NCB       215 West 92nd Street   New York   NY   10025   Multifamily
87   Stoneman Plaza - Railroad Center WFB       2227-2249 and 2261-2283 Railroad Avenue   Pittsburg   CA   94565   Retail
88   Grand Loft Corp.   NCB       75-85 Grand Street   New York   NY   10013   Multifamily
89   Perrysburg Estates   RMF       23720 Lime City Road   Perrysburg   OH   43551   Manufactured Housing Community
90   Middletown Self Storage   RMF       1021 Dolsontown Road   Middletown   NY   10940   Self Storage
91   Country Meadows   WFB       1250 Countryside Street   Sidney   OH   45365   Manufactured Housing Community
92   Chapel Center   WFB       1896-1906 Buchholzer Boulevard   Akron   OH   44310   Retail
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation NCB       100 South Ocean Avenue   Freeport   NY   11520   Multifamily
94   Voorheesville Self Storage   RMF       62 Voorheesville Avenue   Voorheesville   NY   12186   Self Storage
95   Fillmore Gardens Co-operative, Inc. NCB       5302-24 Fillmore Avenue, 5405-09 Avenue S, 5607-27 Avenue T, 5610-16 Avenue T, 2001 Pearson Street, 5710 Avenue T, 5810-18 Avenue T   Brooklyn   NY   11234   Multifamily
96   Dollar General - Lebanon   LCF       1511 West Elm Street   Lebanon   MO   65536   Retail
97   Dollar General - Effingham   LCF       10014 Beverly Drive   Effingham   IL   62401   Retail
98   Dollar General - Floresville   LCF       6764 U.S. Highway 181   Floresville   TX   78114   Retail
99   Dollar General - Kerrville   LCF       3200 Legion Drive   Kerrville   TX   78028   Retail
100   Dollar General - Warren   LCF       101-199 East Pleasant Avenue   Pleasanton   MN   56762   Retail

 

A-1-1
 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES                    
                     
Mortgage Loan
Number
  Property Name   Specific Property Type   Year
Built
  Year
Renovated
  Number of
Units(2)
  Unit of Measure   Cut-off Date Balance Per Unit/SF(3)   Original Balance ($)(3)   Cut-off Date Balance ($)(3)   % of Aggregate
Cut-off Date
Balance
  Maturity Date or ARD Balloon Payment ($)   ARD Loan   Origination Date   First Pay Date   Last IO Pay Date   First P&I Pay Date   Maturity Date or Anticipated Repayment Date
1   40 Wall Street   CBD   1929   1995   1,165,207   Sq. Ft.   137   95,000,000   94,630,972   9.8%   67,493,844   N   7/2/2015   8/6/2015       8/6/2015   7/6/2025
2   The Meadows   Suburban   1981   2014   603,680   Sq. Ft.   152   92,000,000   92,000,000   9.5%   84,294,780   N   8/14/2015   10/6/2015   9/6/2020   10/6/2020   9/6/2025
3   Somerset Park Apartments   Garden   1964   2015   2,226   Units   80,863   70,000,000   70,000,000   7.3%   70,000,000   N   6/30/2015   8/6/2015   7/6/2025       7/6/2025
4   Townline Square   Anchored   1989   2013   314,814   Sq. Ft.   104   32,725,000   32,725,000   3.4%   28,053,763   N   8/24/2015   10/6/2015   9/6/2017   10/6/2017   9/6/2025
5   Sandpiper Apartments   Garden   1987   2015   488   Units   62,500   30,500,000   30,500,000   3.2%   26,913,452   N   7/10/2015   8/6/2015   7/6/2018   8/6/2018   7/6/2025
6   West Palm Beach Marriott   Full Service   1981   2015   352   Rooms   85,227   30,000,000   30,000,000   3.1%   25,673,503   N   7/31/2015   9/11/2015   8/11/2017   9/11/2017   8/11/2025
7   Shoppes at Wilton   Anchored   2002       134,710   Sq. Ft.   167   22,500,000   22,500,000   2.3%   22,500,000   N   8/26/2015   10/6/2015   9/6/2025       9/6/2025
8   San Diego Park N’ Fly   Parking Garage   2005       860   Spaces   25,291   21,750,000   21,750,000   2.3%   19,668,257   N   8/28/2015   10/6/2015   9/6/2019   10/6/2019   9/6/2025
9   Hickory Hills East   Townhouse   1993   2011   231   Units   87,446   20,200,000   20,200,000   2.1%   18,508,115   N   7/31/2015   9/6/2015   8/6/2020   9/6/2020   8/6/2025
10   The Jewelers Mall   Retail/Office/Parking Garage   1989       127,556   Sq. Ft.   156   19,950,000   19,950,000   2.1%   17,935,792   N   8/31/2015   10/11/2015   9/11/2019   10/11/2019   9/11/2025
11   Schulman Crossing Power Center   Anchored   2014       203,131   Sq. Ft.   96   19,500,000   19,476,340   2.0%   15,724,080   N   8/7/2015   9/11/2015       9/11/2015   8/11/2025
12   Birchwood Glen Owners Corp.   Cooperative   1971   NAV   363   Units   52,342   19,000,000   19,000,000   2.0%   16,427,905   N   7/28/2015   9/1/2015   8/1/2018   9/1/2018   8/1/2025
13   El Sol Del Rio Apartments   Garden   1982   2009   424   Units   37,736   16,000,000   16,000,000   1.7%   14,657,560   N   8/11/2015   9/6/2015   8/6/2020   9/6/2020   8/6/2025
14   Millburn Mall   Anchored   1962   2014   71,033   Sq. Ft.   207   14,700,000   14,700,000   1.5%   12,577,724   N   8/31/2015   10/11/2015   9/11/2017   10/11/2017   9/11/2025
15   Home Depot Tacoma   Single Tenant   2000       117,064   Sq. Ft.   122   14,250,000   14,250,000   1.5%   12,395,579   N   7/28/2015   9/11/2015   8/11/2018   9/11/2018   8/11/2025
16   Jellystone Park   Manufactured Housing Community   2001   2015   275   Pads   50,830   14,000,000   13,978,357   1.5%   10,461,745   N   7/31/2015   9/6/2015       9/6/2015   8/6/2025
17   Clearwater Collection   Anchored   1987   2007   134,361   Sq. Ft.   99   13,350,000   13,350,000   1.4%   12,305,830   N   8/12/2015   10/6/2015   9/6/2020   10/6/2020   9/6/2025
18   Memorial Regional Medical Office   Medical   2014       58,554   Sq. Ft.   210   12,300,000   12,300,000   1.3%   10,482,056   N   8/13/2015   10/11/2015   9/11/2017   10/11/2017   9/11/2025
19   Hyatt Lisle   Full Service   1988   2014   317   Rooms   36,961   11,750,000   11,716,655   1.2%   8,933,649   N   6/12/2015   8/6/2015       8/6/2015   7/6/2025
20   Orchard Grove MHC   Manufactured Housing Community   1985       290   Pads   38,000   11,020,000   11,020,000   1.1%   10,011,729   N   6/1/2015   7/6/2015   6/6/2020   7/6/2020   6/6/2025
21   Homewood Suites Austin   Limited Service   1998       96   Rooms   114,583   11,000,000   11,000,000   1.1%   9,432,302   N   8/3/2015   9/11/2015   8/11/2017   9/11/2017   8/11/2025
22   The Moors at Countryview   Garden   1990-2003       416   Units   26,413   11,000,000   10,987,745   1.1%   8,984,581   N   8/6/2015   9/6/2015       9/6/2015   8/6/2025
23   Tiberon Trails   Garden   1974   2014   374   Units   28,030   10,500,000   10,483,176   1.1%   7,788,698   N   7/31/2015   9/6/2015       9/6/2015   8/6/2025
24   Hollywood Student Housing   Student Housing   1925       144   Beds   71,181   10,250,000   10,250,000   1.1%   8,778,060   N   8/6/2015   9/6/2015   8/6/2017   9/6/2017   8/6/2025
25   Cushendall Commons   Garden   2002       168   Units   60,565   10,175,000   10,175,000   1.1%   9,667,132   N   6/1/2015   7/6/2015   6/6/2017   7/6/2017   6/6/2020
26   Montevallo Place Apartments   Garden   1975   2013   200   Units   50,000   10,000,000   10,000,000   1.0%   8,782,115   N   8/6/2015   9/6/2015   8/6/2018   9/6/2018   8/6/2025
27   Best Western Seven Seas   Full Service   1967   1996   307   Rooms   32,511   10,000,000   9,980,981   1.0%   6,980,825   N   8/3/2015   9/11/2015       9/11/2015   8/11/2025
28   Twain Estates   Garden   1983       212   Units   44,711   9,500,000   9,478,808   1.0%   7,761,015   N   6/17/2015   8/6/2015       8/6/2015   7/6/2025
29   Marquis Crest Apartments   Garden   1972       300   Units   30,000   9,000,000   9,000,000   0.9%   7,914,667   N   8/6/2015   9/6/2015   8/6/2018   9/6/2018   8/6/2025
30   Maple Square- Phase I   Garden   2014       73   Units   121,096   8,840,000   8,840,000   0.9%   7,629,094   N   8/19/2015   10/6/2015   9/6/2017   10/6/2017   9/6/2025
31   Best Western International Drive - Orlando   Limited Service   1985   2011   123   Rooms   63,645   7,840,000   7,828,334   0.8%   5,903,373   N   7/16/2015   9/6/2015       9/6/2015   8/6/2025
32   Alderwood Retail   Shadow Anchored   1986; 1989       42,830   Sq. Ft.   179   7,700,000   7,672,287   0.8%   6,258,685   N   6/1/2015   7/6/2015       7/6/2015   6/6/2025
33   Forrest Oaks   Anchored   1986       126,249   Sq. Ft.   61   7,650,000   7,641,581   0.8%   6,259,409   N   8/7/2015   9/6/2015       9/6/2015   8/6/2025
34   101-107 Post Road East & 28 Church Lane   Retail/Office   1820;1930   2011   17,072   Sq. Ft.   428   7,300,000   7,300,000   0.8%   6,692,825   N   7/22/2015   9/6/2015   8/6/2020   9/6/2020   8/6/2025
35   Starbucks Center   Shadow Anchored   2015       11,550   Sq. Ft.   623   7,200,000   7,200,000   0.7%   6,614,448   N   8/21/2015   10/6/2015   9/6/2020   10/6/2020   9/6/2025
36   Tuscany Place   Student Housing   2004       284   Beds   25,352   7,200,000   7,200,000   0.7%   6,336,021   N   7/24/2015   9/6/2015   8/6/2018   9/6/2018   8/6/2025
37   Dollar General Portfolio   Single Tenant   Various       68,398   Sq. Ft.   102   7,005,075   7,005,075   0.7%   6,101,647   N   6/29/2015   8/6/2015   1/6/2017   2/6/2017   7/6/2025
37.01   Dollar General - Decatur   Single Tenant   2014       12,480   Sq. Ft.       1,102,500   1,102,500   0.1%                            
37.02   Dollar General - Bluff City   Single Tenant   2014       9,026   Sq. Ft.       1,072,500   1,072,500   0.1%                            
37.03   Dollar General - Bean Station   Single Tenant   2015       10,640   Sq. Ft.       1,051,500   1,051,500   0.1%                            
37.04   Dollar General - Enterprise   Single Tenant   2015       9,100   Sq. Ft.       1,049,250   1,049,250   0.1%                            
37.05   Dollar General - Philadelphia   Single Tenant   2015       9,026   Sq. Ft.       978,750   978,750   0.1%                            
37.06   Dollar General - Kingston   Single Tenant   2014       9,026   Sq. Ft.       899,550   899,550   0.1%                            
37.07   Dollar General - Oliver Springs   Single Tenant   2015       9,100   Sq. Ft.       851,025   851,025   0.1%                            
38   Collister Shopping Center   Anchored   1960   2008   93,374   Sq. Ft.   75   7,000,000   7,000,000   0.7%   6,402,413   N   8/5/2015   9/11/2015   8/11/2020   9/11/2020   8/11/2025
39   Homewood Suites Houston Intercontinental   Extended Stay   2003   2013   64   Rooms   109,207   7,000,000   6,989,218   0.7%   5,234,696   N   7/30/2015   9/6/2015       9/6/2015   8/6/2025
40   Hampton Inn - Auburn Hills   Limited Service   1998   2013   102   Rooms   66,667   6,800,000   6,800,000   0.7%   5,488,614   N   8/13/2015   10/11/2015       10/11/2015   9/11/2025
41   Walgreens Puerto Rico   Single Tenant   2012       15,660   Sq. Ft.   416   6,510,000   6,510,000   0.7%   6,510,000   Y   8/20/2015   10/6/2015   9/6/2025       9/6/2025
42   Sun and Sand Myrtle Beach   Full Service   1987   2010   132   Rooms   48,791   6,450,000   6,440,418   0.7%   4,858,302   N   7/24/2015   9/6/2015       9/6/2015   8/6/2025
43   Security Public Storage - Vacaville   Self Storage   1986       65,800   Sq. Ft.   97   6,400,000   6,400,000   0.7%   5,163,968   N   8/3/2015   10/1/2015       10/1/2015   9/1/2025
44   Courtyard Memphis East Lenox   Limited Service   1998   2014   96   Rooms   65,562   6,300,000   6,293,993   0.7%   5,849,777   N   7/29/2015   9/6/2015       9/6/2015   8/6/2020
45   HIE Natchez   Limited Service   2013       81   Rooms   76,543   6,200,000   6,200,000   0.6%   5,081,009   N   8/13/2015   10/6/2015       10/6/2015   9/6/2025
46   1255 Broad Street Medical Center   Medical   1980       36,271   Sq. Ft.   171   6,200,000   6,200,000   0.6%   5,509,014   N   7/31/2015   9/6/2015   8/6/2018   9/6/2018   8/6/2025
47   Golden Gardens Apartments   Garden   1986   2015   111   Units   54,891   6,100,000   6,092,908   0.6%   4,951,041   N   7/30/2015   9/6/2015       9/6/2015   8/6/2025
48   Hampton Inn & Suites - Clute   Limited Service   2008   2015   67   Rooms   89,552   6,000,000   6,000,000   0.6%   3,727,609   N   8/21/2015   10/6/2015       10/6/2015   9/6/2025
49   SAAM Properties Apartments   Garden   2012-2015       108   Units   55,443   6,000,000   5,987,880   0.6%   4,969,811   N   6/24/2015   8/6/2015       8/6/2015   7/6/2025
50   Moulton Plaza   Unanchored   1992       17,177   Sq. Ft.   345   5,940,000   5,925,148   0.6%   4,768,893   N   7/2/2015   8/6/2015       8/6/2015   7/6/2025
51   Tivoli Apartments   Garden   1967   2015   88   Units   65,831   5,800,000   5,793,087   0.6%   4,689,854   N   7/31/2015   9/6/2015       9/6/2015   8/6/2025
52   Bishop Retail   Single Tenant   2000       105,462   Sq. Ft.   52   5,500,000   5,472,213   0.6%   4,063,164   N   6/8/2015   7/6/2015       7/6/2015   6/6/2025
53   67 Holly Hills   Suburban   1990   2012   20,989   Sq. Ft.   255   5,350,000   5,350,000   0.6%   4,686,396   N   8/5/2015   9/6/2015   8/6/2018   9/6/2018   8/6/2025
54   EZ Self Storage Chippewa   Self Storage   1951   2010   75,050   Sq. Ft.   69   5,150,000   5,150,000   0.5%   4,515,746   N   7/7/2015   8/11/2015   7/11/2018   8/11/2018   7/11/2025
55   Premier Self Storage   Self Storage   2007       49,044   Sq. Ft.   104   5,120,000   5,120,000   0.5%   4,194,543   N   8/19/2015   10/6/2015       10/6/2015   9/6/2025
56   219 West 19th Street   Office/Retail   2002       24,501   Sq. Ft.   204   5,000,000   4,988,478   0.5%   4,587,825   N   7/1/2015   8/6/2015       8/6/2015   7/6/2020
57   La Quinta - Sebring   Limited Service   2009       77   Rooms   64,286   4,950,000   4,950,000   0.5%   3,814,613   N   8/11/2015   9/6/2015   8/6/2016   9/6/2016   8/6/2025
58   Kohl’s   Single Tenant   2013       55,440   Sq. Ft.   85   4,690,000   4,690,000   0.5%   4,690,000   Y   8/19/2015   10/6/2015   9/6/2025       9/6/2025
59   Comfort Suites - Firestone   Limited Service   2008       72   Rooms   65,000   4,680,000   4,680,000   0.5%   3,887,766   N   8/28/2015   10/6/2015       10/6/2015   9/6/2025
60   Castleton Shoppes   Unanchored   1982   1997   31,300   Sq. Ft.   149   4,650,000   4,650,000   0.5%   4,091,091   N   8/11/2015   9/6/2015   8/6/2018   9/6/2018   8/6/2025
61   Hampton Inn Tampa East Seffner   Limited Service   2005   2014   75   Rooms   61,333   4,600,000   4,600,000   0.5%   3,542,541   N   7/31/2015   9/6/2015   8/6/2016   9/6/2016   8/6/2025
62   Westchester Gardens Owners, Inc.   Cooperative   1931   1991   111   Units   38,685   4,300,000   4,294,047   0.4%   3,392,507   N   7/14/2015   9/1/2015       9/1/2015   8/1/2025
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   Limited Service   2001   2011   60   Rooms   70,000   4,200,000   4,200,000   0.4%   3,470,146   N   8/25/2015   10/6/2015       10/6/2015   9/6/2025
64   Walgreens - Idaho Falls   Single Tenant   2015       14,490   Sq. Ft.   281   4,070,000   4,070,000   0.4%   4,070,000   N   7/28/2015   9/11/2015   8/11/2025       8/11/2025
65   Pelican Village   Unanchored   2002       32,400   Sq. Ft.   111   3,610,000   3,610,000   0.4%   3,065,896   N   4/28/2015   6/1/2015   5/1/2017   6/1/2017   5/1/2025
66   Southwood Office   Suburban   2002       16,252   Sq. Ft.   222   3,610,000   3,601,436   0.4%   2,922,236   N   7/1/2015   8/11/2015       8/11/2015   7/11/2025
67   Hudson Mews Apartment Corp.   Cooperative   1830   NAV   30   Units   120,000   3,600,000   3,600,000   0.4%   3,600,000   N   8/25/2015   10/1/2015   9/1/2025       9/1/2025
68   La Quinta - Elkton   Limited Service   2005       70   Rooms   51,280   3,600,000   3,589,574   0.4%   2,726,571   N   7/8/2015   8/6/2015       8/6/2015   7/6/2025
69   Security Public Storage - Roseville   Self Storage   1976       42,960   Sq. Ft.   81   3,500,000   3,500,000   0.4%   2,819,151   N   8/3/2015   10/1/2015       10/1/2015   9/1/2025
70   Gwinnett Point   Unanchored   1986       31,315   Sq. Ft.   112   3,500,000   3,496,058   0.4%   2,854,235   N   7/28/2015   9/11/2015       9/11/2015   8/11/2025
71   Holiday Inn Express  - Dayton   Limited Service   2006   2015   66   Rooms   52,788   3,500,000   3,484,019   0.4%   2,211,089   N   6/18/2015   8/6/2015       8/6/2015   7/6/2025
72   North Bay Self Storage   Self Storage   2000       64,875   Sq. Ft.   53   3,425,000   3,418,719   0.4%   2,465,916   N   8/3/2015   9/11/2015       9/11/2015   8/11/2025
73   Patricia Gardens Owners, Inc.   Cooperative   1950   2005   65   Units   50,000   3,250,000   3,250,000   0.3%   2,564,918   N   8/26/2015   10/1/2015       10/1/2015   9/1/2025
74   A Space Center Self Storage   Self Storage   2003       26,750   Sq. Ft.   116   3,100,000   3,100,000   0.3%   2,677,413   N   8/21/2015   10/6/2015   9/6/2017   10/6/2017   9/6/2025
75   Orange Grove MHP   Manufactured Housing Community   1953       77   Pads   40,260   3,100,000   3,100,000   0.3%   2,514,516   N   8/21/2015   10/6/2015       10/6/2015   9/6/2025
76   3880 Lake Arrowhead Avenue   Unanchored   1979       14,698   Sq. Ft.   198   2,919,000   2,915,529   0.3%   2,361,103   N   7/20/2015   9/11/2015       9/11/2015   8/11/2025
77   Wingate by Wyndham Houston Intercontinental   Limited Service   2001   2012   60   Rooms   44,100   2,650,000   2,645,984   0.3%   1,988,206   N   7/17/2015   9/6/2015       9/6/2015   8/6/2025
78   Caledonia MHP   Manufactured Housing Community   1981       97   Pads   24,175   2,345,000   2,345,000   0.2%   1,729,225   N   8/19/2015   10/6/2015       10/6/2015   9/6/2025
79   44 Church Lane   Unanchored   1900;1980   2014   3,901   Sq. Ft.   590   2,300,000   2,300,000   0.2%   2,110,695   N   7/22/2015   9/6/2015   8/6/2020   9/6/2020   8/6/2025
80   137-05 Franklin Avenue Owners, Inc.   Cooperative   1961   1995   109   Units   20,183   2,200,000   2,200,000   0.2%   1,938,025   N   8/26/2015   10/1/2015       10/1/2015   9/1/2025
81   La Quinta Inn Acworth   Limited Service   1995   2011   44   Rooms   50,000   2,200,000   2,200,000   0.2%   1,817,695   N   8/25/2015   10/6/2015       10/6/2015   9/6/2025
82   Palisade Gardens Apartments Corp.   Cooperative   1970   NAV   60   Units   36,616   2,200,000   2,196,961   0.2%   1,736,340   N   7/27/2015   9/1/2015       9/1/2015   8/1/2025
83   Storage Station - Wayne   Self Storage   1998       31,232   Sq. Ft.   69   2,160,000   2,160,000   0.2%   1,806,289   N   8/28/2015   10/11/2015   9/11/2016   10/11/2016   9/11/2025
84   Barbizon Building   Suburban   1973   2012   32,819   Sq. Ft.   62   2,045,000   2,042,723   0.2%   1,670,482   N   7/31/2015   9/11/2015       9/11/2015   8/11/2025
85   Security Public Storage - Sacramento II   Self Storage   1986       41,250   Sq. Ft.   48   2,000,000   2,000,000   0.2%   1,615,971   N   8/3/2015   10/1/2015       10/1/2015   9/1/2025
86   215 Equities Corp.   Cooperative   1922   2000   137   Units   14,579   2,000,000   1,997,312   0.2%   1,586,021   N   7/29/2015   9/1/2015       9/1/2015   8/1/2025
87   Stoneman Plaza - Railroad Center   Unanchored   1979   2014   15,212   Sq. Ft.   130   1,975,000   1,975,000   0.2%   1,648,613   N   8/13/2015   10/11/2015   9/11/2016   10/11/2016   9/11/2025
88   Grand Loft Corp.   Cooperative   1872   2000   26   Units   66,958   1,750,000   1,740,912   0.2%   1,061,242   N   6/29/2015   8/1/2015       8/1/2015   7/1/2025
89   Perrysburg Estates   Manufactured Housing Community   1972       133   Pads   12,782   1,700,000   1,700,000   0.2%   1,396,850   N   8/14/2015   10/6/2015       10/6/2015   9/6/2025
90   Middletown Self Storage   Self Storage   1988       24,350   Sq. Ft.   67   1,630,000   1,626,545   0.2%   1,341,297   N   6/19/2015   8/6/2015       8/6/2015   7/6/2025
91   Country Meadows   Manufactured Housing Community   1995       118   Pads   13,543   1,600,000   1,598,097   0.2%   1,294,199   N   8/3/2015   9/11/2015       9/11/2015   8/11/2025
92   Chapel Center   Unanchored   1987   2004   14,545   Sq. Ft.   107   1,560,000   1,554,021   0.2%   1,254,880   N   5/29/2015   7/11/2015       7/11/2015   6/11/2025
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   Cooperative   1959   2005   76   Units   19,711   1,500,000   1,498,048   0.2%   1,195,973   N   7/29/2015   9/1/2015       9/1/2015   8/1/2025
94   Voorheesville Self Storage   Self Storage   1999       26,972   Sq. Ft.   53   1,430,000   1,428,519   0.1%   1,180,075   N   7/14/2015   9/6/2015       9/6/2015   8/6/2025
95   Fillmore Gardens Co-operative, Inc.   Cooperative   1952   NAV   342   Units   2,920   1,000,000   998,710   0.1%   798,456   N   7/22/2015   9/1/2015       9/1/2015   8/1/2025
96   Dollar General - Lebanon   Single Tenant   2015       9,211   Sq. Ft.   89   819,000   819,000   0.1%   819,000   Y   8/20/2015   10/6/2015   9/6/2025       9/6/2025
97   Dollar General - Effingham   Single Tenant   2015       9,002   Sq. Ft.   91   819,000   819,000   0.1%   819,000   Y   8/20/2015   10/6/2015   9/6/2025       9/6/2025
98   Dollar General - Floresville   Single Tenant   2015       9,100   Sq. Ft.   89   813,150   813,150   0.1%   813,150   Y   8/28/2015   10/6/2015   9/6/2025       9/6/2025
99   Dollar General - Kerrville   Single Tenant   2015       9,100   Sq. Ft.   84   767,000   767,000   0.1%   767,000   Y   8/28/2015   10/6/2015   9/6/2025       9/6/2025
100   Dollar General - Warren   Single Tenant   2015       9,050   Sq. Ft.   77   695,500   695,500   0.1%   695,500   Y   6/24/2015   8/6/2015   7/6/2025       7/6/2025

 

A-1-2
 

 

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

  

Mortgage Loan
Number
  Property Name   ARD Loan Maturity Date   Gross Mortgage Rate   Trust Advisor Ongoing Fee Rate   Certificate Administrator Fee Rate   Servicing Fee   CREFC® IP Royalty License Fee Rate   Net Mortgage Rate   Interest Accrual Method   Monthly P&I Payment ($)   Amortization Type   Interest Accrual Method During IO   Original Term to Maturity or ARD (Mos.)   Remaining Term to Maturity or ARD (Mos.)   Original IO
Period (Mos.)
  Remaining IO
Period (Mos.)
  Original Amort Term (Mos.)
1   40 Wall Street       3.66500%   0.00190%   0.00470%   0.00500%   0.00050%   3.65290%   Actual/360   484,040.46   Amortizing Balloon       120   118   0   0   300
2   The Meadows       4.58200%   0.00190%   0.00470%   0.00500%   0.00050%   4.56990%   Actual/360   470,643.66   Interest-only, Amortizing Balloon   Actual/360   120   120   60   60   360
3   Somerset Park Apartments       4.55000%   0.00000%   0.00470%   0.01250%   0.00050%   4.53230%   Actual/360   269,840.28   Interest-only, Balloon   Actual/360   120   118   120   118   0
4   Townline Square       4.64200%   0.00190%   0.00470%   0.00500%   0.00050%   4.62990%   Actual/360   168,585.27   Interest-only, Amortizing Balloon   Actual/360   120   120   24   24   360
5   Sandpiper Apartments       4.85000%   0.00190%   0.00470%   0.00500%   0.00050%   4.83790%   Actual/360   160,946.01   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360
6   West Palm Beach Marriott       4.57500%   0.00190%   0.00470%   0.00500%   0.00050%   4.56290%   Actual/360   153,345.41   Interest-only, Amortizing Balloon   Actual/360   120   119   24   23   360
7   Shoppes at Wilton       4.39000%   0.00190%   0.00470%   0.00500%   0.00050%   4.37790%   Actual/360   83,684.38   Interest-only, Balloon   Actual/360   120   120   120   120   0
8   San Diego Park N’ Fly       5.00000%   0.00190%   0.00470%   0.00500%   0.00050%   4.98790%   Actual/360   116,758.70   Interest-only, Amortizing Balloon   Actual/360   120   120   48   48   360
9   Hickory Hills East       4.58000%   0.00190%   0.00470%   0.00500%   0.00050%   4.56790%   Actual/360   103,312.86   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360
10   The Jewelers Mall       4.69000%   0.00190%   0.00470%   0.00500%   0.00050%   4.67790%   Actual/360   103,348.37   Interest-only, Amortizing Balloon   Actual/360   120   120   48   48   360
11   Schulman Crossing Power Center       4.42000%   0.00190%   0.00470%   0.00500%   0.00050%   4.40790%   Actual/360   97,878.89   Amortizing Balloon       120   119   0   0   360
12   Birchwood Glen Owners Corp.       3.98000%   0.00190%   0.00470%   0.08000%   0.00050%   3.89290%   Actual/360   90,489.97   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
13   El Sol Del Rio Apartments       4.57000%   0.00190%   0.00470%   0.00500%   0.00050%   4.55790%   Actual/360   81,736.48   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360
14   Millburn Mall       4.57000%   0.00190%   0.00470%   0.00500%   0.00050%   4.55790%   Actual/360   75,095.40   Interest-only, Amortizing Balloon   Actual/360   120   120   24   24   360
15   Home Depot Tacoma       4.23000%   0.00190%   0.00470%   0.00500%   0.00050%   4.21790%   Actual/360   69,934.69   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
16   Jellystone Park       4.98000%   0.00190%   0.00470%   0.00500%   0.00050%   4.96790%   Actual/360   81,679.55   Amortizing Balloon       120   119   0   0   300
17   Clearwater Collection       4.97000%   0.00190%   0.00470%   0.00500%   0.00050%   4.95790%   Actual/360   71,421.12   Interest-only, Amortizing Balloon   Actual/360   120   120   60   60   360
18   Memorial Regional Medical Office       4.42000%   0.00190%   0.00470%   0.00500%   0.00050%   4.40790%   Actual/360   61,738.99   Interest-only, Amortizing Balloon   Actual/360   120   120   24   24   360
19   Hyatt Lisle       5.45900%   0.00190%   0.00470%   0.00500%   0.00050%   5.44690%   Actual/360   71,867.87   Amortizing Balloon       120   118   0   0   300
20   Orchard Grove MHC       4.06300%   0.00190%   0.00470%   0.00500%   0.00050%   4.05090%   Actual/360   53,012.20   Interest-only, Amortizing Balloon   Actual/360   120   117   60   57   360
21   Homewood Suites Austin       4.65000%   0.00190%   0.00470%   0.00500%   0.00050%   4.63790%   Actual/360   56,720.05   Interest-only, Amortizing Balloon   Actual/360   120   119   24   23   360
22   The Moors at Countryview       4.79700%   0.00190%   0.00470%   0.00500%   0.00050%   4.78490%   Actual/360   57,693.24   Amortizing Balloon       120   119   0   0   360
23   Tiberon Trails       4.78000%   0.00190%   0.00470%   0.00500%   0.00050%   4.76790%   Actual/360   60,043.64   Amortizing Balloon       120   119   0   0   300
24   Hollywood Student Housing       4.60200%   0.00190%   0.00470%   0.00500%   0.00050%   4.58990%   Actual/360   52,558.30   Interest-only, Amortizing Balloon   Actual/360   120   119   24   23   360
25   Cushendall Commons       4.35100%   0.00190%   0.00470%   0.00500%   0.00050%   4.33890%   Actual/360   50,658.34   Interest-only, Amortizing Balloon   Actual/360   60   57   24   21   360
26   Montevallo Place Apartments       4.64000%   0.00190%   0.00470%   0.00500%   0.00050%   4.62790%   Actual/360   51,503.76   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
27   Best Western Seven Seas       4.65000%   0.00190%   0.00470%   0.00500%   0.00050%   4.63790%   Actual/360   59,060.23   Amortizing Balloon       120   119   0   0   276
28   Twain Estates       4.80100%   0.00190%   0.00470%   0.00500%   0.00050%   4.78890%   Actual/360   49,848.95   Amortizing Balloon       120   118   0   0   360
29   Marquis Crest Apartments       4.70000%   0.00190%   0.00470%   0.00500%   0.00050%   4.68790%   Actual/360   46,677.40   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
30   Maple Square- Phase I       4.90000%   0.00190%   0.00470%   0.00500%   0.00050%   4.88790%   Actual/360   46,916.24   Interest-only, Amortizing Balloon   Actual/360   120   120   24   24   360
31   Best Western International Drive - Orlando       5.19000%   0.00190%   0.00470%   0.00500%   0.00050%   5.17790%   Actual/360   46,703.91   Amortizing Balloon       120   119   0   0   300
32   Alderwood Retail       4.65200%   0.00190%   0.00470%   0.05250%   0.00050%   4.59240%   Actual/360   39,713.26   Amortizing Balloon       120   117   0   0   360
33   Forrest Oaks       4.85000%   0.00190%   0.00470%   0.00500%   0.00050%   4.83790%   Actual/360   40,368.42   Amortizing Balloon       120   119   0   0   360
34   101-107 Post Road East & 28 Church Lane       4.62000%   0.00190%   0.00470%   0.00500%   0.00050%   4.60790%   Actual/360   37,510.34   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360
35   Starbucks Center       4.75000%   0.00190%   0.00470%   0.00500%   0.00050%   4.73790%   Actual/360   37,558.61   Interest-only, Amortizing Balloon   Actual/360   120   120   60   60   360
36   Tuscany Place       4.73000%   0.00190%   0.00470%   0.00500%   0.00050%   4.71790%   Actual/360   37,471.86   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
37   Dollar General Portfolio       5.73300%   0.00190%   0.00470%   0.00500%   0.00050%   5.72090%   Actual/360   40,804.10   Interest-only, Amortizing Balloon   Actual/360   120   118   18   16   360
37.01   Dollar General - Decatur                                                                
37.02   Dollar General - Bluff City                                                                
37.03   Dollar General - Bean Station                                                                
37.04   Dollar General - Enterprise                                                                
37.05   Dollar General - Philadelphia                                                                
37.06   Dollar General - Kingston                                                                
37.07   Dollar General - Oliver Springs                                                                
38   Collister Shopping Center       4.47000%   0.00190%   0.00470%   0.00500%   0.00050%   4.45790%   Actual/360   35,343.30   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360
39   Homewood Suites Houston Intercontinental       5.00000%   0.00190%   0.00470%   0.00500%   0.00050%   4.98790%   Actual/360   40,921.30   Amortizing Balloon       120   119   0   0   300
40   Hampton Inn - Auburn Hills       4.45000%   0.00190%   0.00470%   0.00500%   0.00050%   4.43790%   Actual/360   34,252.88   Amortizing Balloon       120   120   0   0   360
41   Walgreens Puerto Rico   9/6/2030   5.00200%   0.00190%   0.00470%   0.00500%   0.00050%   4.98990%   Actual/360   27,588.11   Interest-only, ARD   Actual/360   120   120   120   120   0
42   Sun and Sand Myrtle Beach       5.19900%   0.00190%   0.00470%   0.00500%   0.00050%   5.18690%   Actual/360   38,457.65   Amortizing Balloon       120   119   0   0   300
43   Security Public Storage - Vacaville       4.44000%   0.00190%   0.00470%   0.00500%   0.00050%   4.42790%   Actual/360   32,200.10   Amortizing Balloon       120   120   0   0   360
44   Courtyard Memphis East Lenox       5.45000%   0.00190%   0.00470%   0.00500%   0.00050%   5.43790%   Actual/360   35,573.32   Amortizing Balloon       60   59   0   0   360
45   HIE Natchez       4.90000%   0.00190%   0.00470%   0.00500%   0.00050%   4.88790%   Actual/360   32,905.06   Amortizing Balloon       120   120   0   0   360
46   1255 Broad Street Medical Center       5.17000%   0.00190%   0.00470%   0.00500%   0.00050%   5.15790%   Actual/360   33,930.06   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
47   Golden Gardens Apartments       4.61000%   0.00190%   0.00470%   0.00500%   0.00050%   4.59790%   Actual/360   31,307.77   Amortizing Balloon       120   119   0   0   360
48   Hampton Inn & Suites - Clute       4.65000%   0.00190%   0.00470%   0.00500%   0.00050%   4.63790%   Actual/360   38,446.49   Amortizing Balloon       120   120   0   0   240
49   SAAM Properties Apartments       5.22300%   0.00190%   0.00470%   0.00500%   0.00050%   5.21090%   Actual/360   33,031.95   Amortizing Balloon       120   118   0   0   360
50   Moulton Plaza       4.29300%   0.00190%   0.00470%   0.00500%   0.00050%   4.28090%   Actual/360   29,370.95   Amortizing Balloon       120   118   0   0   360
51   Tivoli Apartments       4.50000%   0.00190%   0.00470%   0.00500%   0.00050%   4.48790%   Actual/360   29,387.75   Amortizing Balloon       120   119   0   0   360
52   Bishop Retail       4.67000%   0.00190%   0.00470%   0.00500%   0.00050%   4.65790%   Actual/360   31,103.91   Amortizing Balloon       120   117   0   0   300
53   67 Holly Hills       4.52800%   0.00190%   0.00470%   0.00500%   0.00050%   4.51590%   Actual/360   27,196.74   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
54   EZ Self Storage Chippewa       4.57000%   0.00190%   0.00470%   0.00500%   0.00050%   4.55790%   Actual/360   26,308.93   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360
55   Premier Self Storage       4.89000%   0.00190%   0.00470%   0.00500%   0.00050%   4.87790%   Actual/360   27,142.10   Amortizing Balloon       120   120   0   0   360
56   219 West 19th Street       4.65900%   0.00190%   0.00470%   0.00500%   0.00050%   4.64690%   Actual/360   25,808.82   Amortizing Balloon       60   58   0   0   360
57   La Quinta - Sebring       4.67000%   0.00190%   0.00470%   0.00500%   0.00050%   4.65790%   Actual/360   27,993.52   Interest-only, Amortizing Balloon   Actual/360   120   119   12   11   300
58   Kohl’s   9/6/2030   4.86000%   0.00190%   0.00470%   0.00500%   0.00050%   4.84790%   Actual/360   19,311.08   Interest-only, ARD   Actual/360   120   120   120   120   0
59   Comfort Suites - Firestone       5.32000%   0.00190%   0.00470%   0.00500%   0.00050%   5.30790%   Actual/360   26,046.41   Amortizing Balloon       120   120   0   0   360
60   Castleton Shoppes       4.72000%   0.00190%   0.00470%   0.00500%   0.00050%   4.70790%   Actual/360   24,172.59   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360
61   Hampton Inn Tampa East Seffner       4.65000%   0.00190%   0.00470%   0.00500%   0.00050%   4.63790%   Actual/360   25,961.51   Interest-only, Amortizing Balloon   Actual/360   120   119   12   11   300
62   Westchester Gardens Owners, Inc.       3.81000%   0.00190%   0.00470%   0.08000%   0.00050%   3.72290%   Actual/360   20,060.65   Amortizing Balloon       120   119   0   0   360
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest       5.15000%   0.00190%   0.00470%   0.00500%   0.00050%   5.13790%   Actual/360   22,933.10   Amortizing Balloon       120   120   0   0   360
64   Walgreens - Idaho Falls       4.29000%   0.00190%   0.00470%   0.00500%   0.00050%   4.27790%   Actual/360   14,792.75   Interest-only, Balloon   Actual/360   120   119   120   119   0
65   Pelican Village       4.29000%   0.00190%   0.00470%   0.08000%   0.00050%   4.20290%   Actual/360   17,843.67   Interest-only, Amortizing Balloon   Actual/360   120   116   24   20   360
66   Southwood Office       4.53000%   0.00190%   0.00470%   0.00500%   0.00050%   4.51790%   Actual/360   18,355.75   Amortizing Balloon       120   118   0   0   360
67   Hudson Mews Apartment Corp.       4.00000%   0.00190%   0.00470%   0.08000%   0.00050%   3.91290%   Actual/360   12,200.00   Interest-only, Balloon   Actual/360   120   120   120   120   0
68   La Quinta - Elkton       5.35000%   0.00190%   0.00470%   0.00500%   0.00050%   5.33790%   Actual/360   21,785.83   Amortizing Balloon       120   118   0   0   300
69   Security Public Storage - Roseville       4.39000%   0.00190%   0.00470%   0.00500%   0.00050%   4.37790%   Actual/360   17,505.96   Amortizing Balloon       120   120   0   0   360
70   Gwinnett Point       4.75000%   0.00190%   0.00470%   0.08250%   0.00050%   4.66040%   Actual/360   18,257.66   Amortizing Balloon       120   119   0   0   360
71   Holiday Inn Express  - Dayton       5.05200%   0.00190%   0.00470%   0.00500%   0.00050%   5.03990%   Actual/360   23,199.11   Amortizing Balloon       120   118   0   0   240
72   North Bay Self Storage       4.00000%   0.00190%   0.00470%   0.00500%   0.00050%   3.98790%   Actual/360   18,078.41   Amortizing Balloon       120   119   0   0   300
73   Patricia Gardens Owners, Inc.       3.82000%   0.00190%   0.00470%   0.08000%   0.00050%   3.73290%   Actual/360   15,180.64   Amortizing Balloon       120   120   0   0   360
74   A Space Center Self Storage       4.93000%   0.00190%   0.00470%   0.00500%   0.00050%   4.91790%   Actual/360   16,509.10   Interest-only, Amortizing Balloon   Actual/360   120   120   24   24   360
75   Orange Grove MHP       4.59350%   0.00190%   0.00470%   0.00500%   0.00050%   4.58140%   Actual/360   15,879.94   Amortizing Balloon       120   120   0   0   360
76   3880 Lake Arrowhead Avenue       4.51000%   0.00190%   0.00470%   0.00500%   0.00050%   4.49790%   Actual/360   14,807.49   Amortizing Balloon       120   119   0   0   360
77   Wingate by Wyndham Houston Intercontinental       5.09000%   0.00190%   0.00470%   0.00500%   0.00050%   5.07790%   Actual/360   15,630.91   Amortizing Balloon       120   119   0   0   300
78   Caledonia MHP       4.62400%   0.00190%   0.00470%   0.00500%   0.00050%   4.61190%   Actual/360   13,199.87   Amortizing Balloon       120   120   0   0   300
79   44 Church Lane       4.68000%   0.00190%   0.00470%   0.00500%   0.00050%   4.66790%   Actual/360   11,901.04   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360
80   137-05 Franklin Avenue Owners, Inc.       3.95000%   0.00190%   0.00470%   0.08000%   0.00050%   3.86290%   Actual/360   9,126.35   Amortizing Balloon       120   120   0   0   480
81   La Quinta Inn Acworth       5.15000%   0.00190%   0.00470%   0.00500%   0.00050%   5.13790%   Actual/360   12,012.58   Amortizing Balloon       120   120   0   0   360
82   Palisade Gardens Apartments Corp.       3.82000%   0.00190%   0.00470%   0.08000%   0.00050%   3.73290%   Actual/360   10,276.13   Amortizing Balloon       120   119   0   0   360
83   Storage Station - Wayne       4.68000%   0.00190%   0.00470%   0.00500%   0.00050%   4.66790%   Actual/360   11,176.63   Interest-only, Amortizing Balloon   Actual/360   120   120   12   12   360
84   Barbizon Building       4.80000%   0.00190%   0.00470%   0.08250%   0.00050%   4.71040%   Actual/360   10,729.41   Amortizing Balloon       120   119   0   0   360
85   Security Public Storage - Sacramento II       4.48000%   0.00190%   0.00470%   0.00500%   0.00050%   4.46790%   Actual/360   10,109.95   Amortizing Balloon       120   120   0   0   360
86   215 Equities Corp.       3.95000%   0.00190%   0.00470%   0.08000%   0.00050%   3.86290%   Actual/360   9,490.74   Amortizing Balloon       120   119   0   0   360
87   Stoneman Plaza - Railroad Center       4.62000%   0.00190%   0.00470%   0.00500%   0.00050%   4.60790%   Actual/360   10,148.35   Interest-only, Amortizing Balloon   Actual/360   120   120   12   12   360
88   Grand Loft Corp.       4.07000%   0.00190%   0.00470%   0.08000%   0.00050%   3.98290%   Actual/360   10,669.32   Amortizing Balloon       120   118   0   0   240
89   Perrysburg Estates       4.98000%   0.00190%   0.00470%   0.00500%   0.00050%   4.96790%   Actual/360   9,105.20   Amortizing Balloon       120   120   0   0   360
90   Middletown Self Storage       5.02000%   0.00190%   0.00470%   0.00500%   0.00050%   5.00790%   Actual/360   8,770.13   Amortizing Balloon       120   118   0   0   360
91   Country Meadows       4.51000%   0.00190%   0.00470%   0.00500%   0.00050%   4.49790%   Actual/360   8,116.47   Amortizing Balloon       120   119   0   0   360
92   Chapel Center       4.35000%   0.00190%   0.00470%   0.00500%   0.00050%   4.33790%   Actual/360   7,765.86   Amortizing Balloon       120   117   0   0   360
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation       4.10000%   0.00190%   0.00470%   0.08000%   0.00050%   4.01290%   Actual/360   7,247.98   Amortizing Balloon       120   119   0   0   360
94   Voorheesville Self Storage       5.11000%   0.00190%   0.00470%   0.00500%   0.00050%   5.09790%   Actual/360   7,772.97   Amortizing Balloon       120   119   0   0   360
95   Fillmore Gardens Co-operative, Inc.       4.14000%   0.00190%   0.00470%   0.08000%   0.00050%   4.05290%   Actual/360   4,855.22   Amortizing Balloon       120   119   0   0   360
96   Dollar General - Lebanon   9/6/2030   5.20600%   0.00190%   0.00470%   0.00500%   0.00050%   5.19390%   Actual/360   3,612.31   Interest-only, ARD   Actual/360   120   120   120   120   0
97   Dollar General - Effingham   9/6/2030   5.17500%   0.00190%   0.00470%   0.00500%   0.00050%   5.16290%   Actual/360   3,590.80   Interest-only, ARD   Actual/360   120   120   120   120   0
98   Dollar General - Floresville   9/6/2030   5.07000%   0.00190%   0.00470%   0.00500%   0.00050%   5.05790%   Actual/360   3,492.82   Interest-only, ARD   Actual/360   120   120   120   120   0
99   Dollar General - Kerrville   9/6/2030   5.07000%   0.00190%   0.00470%   0.00500%   0.00050%   5.05790%   Actual/360   3,294.58   Interest-only, ARD   Actual/360   120   120   120   120   0
100   Dollar General - Warren   7/6/2030   5.05000%   0.00190%   0.00470%   0.00500%   0.00050%   5.03790%   Actual/360   2,975.68   Interest-only, ARD   Actual/360   120   118   120   118   0

 

A-1-3
 

 

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

  

Mortgage Loan
Number
  Property Name   Remaining Amort Term (Mos.)   Seasoning   Prepayment Provisions(4)   Grace Period Default (Days)   Grace Period Late (Days)   Appraised Value ($)(5)   Appraisal Date   Coop -Rental Value    Coop - LTV as Rental   Coop - Unsold Percent    Coop - Sponsor Units    Coop - Investor Units    Coop - Units   Coop - Sponsor Carry   Coop - Committed Secondary Debt
1   40 Wall Street   298   2   L(26),D(90),O(4)   0   0   540,000,000   6/1/2015                                
2   The Meadows   360   0   L(24),D(93),O(3)   0   0   128,000,000   7/27/2015                                
3   Somerset Park Apartments   0   2   L(26),D(87),O(7)   0   0   249,750,000   5/20/2016                                
4   Townline Square   360   0   L(24),D(93),O(3)   0   0   45,000,000   7/10/2015                                
5   Sandpiper Apartments   360   2   L(24),GRTR 1% or YM(92),O(4)   0   0   40,820,000   6/3/2015                                
6   West Palm Beach Marriott   360   1   L(25),D(91),O(4)   0   5   53,200,000   6/29/2015                                
7   Shoppes at Wilton   0   0   L(23),GRTR 1% or YM(93),O(4)   0   0   34,900,000   6/17/2015                                
8   San Diego Park N’ Fly   360   0   L(24),D(92),O(4)   0   0   29,500,000   12/23/2015                                
9   Hickory Hills East   360   1   L(25),D(90),O(5)   0   0   28,500,000   7/8/2015                                
10   The Jewelers Mall   360   0   L(24),D(92),O(4)   0   5   28,500,000   6/16/2015                                
11   Schulman Crossing Power Center   359   1   L(25),D(91),O(4)   0   5   26,000,000   8/1/2016                                
12   Birchwood Glen Owners Corp.   360   1   GRTR 1% or YM(83),1%(33),O(4)   10   10   62,580,000   5/26/2015   71,100,000   26.7%   0.0%   0   0   0       1,000,000
13   El Sol Del Rio Apartments   360   1   L(25),D(90),O(5)   0   0   21,570,000   6/30/2015                                
14   Millburn Mall   360   0   L(24),D(92),O(4)   0   5   19,600,000   4/6/2015                                
15   Home Depot Tacoma   360   1   L(25),GRTR 1% or YM(91),O(4)   0   5   33,000,000   7/7/2015                                
16   Jellystone Park   299   1   L(25),D(91),O(4)   0   0   25,440,000   6/1/2015                                
17   Clearwater Collection   360   0   L(24),D(92),O(4)   0   5   18,500,000   3/18/2015                                
18   Memorial Regional Medical Office   360   0   L(24),D(92),O(4)   0   5   20,000,000   6/29/2015                                
19   Hyatt Lisle   298   2   L(23),GRTR 1% or YM(93),O(4)   0   0   22,500,000   4/28/2015                                
20   Orchard Grove MHC   360   3   L(27),D(89),O(4)   0   0   15,330,000   4/2/2015                                
21   Homewood Suites Austin   360   1   L(25),D(91),O(4)   0   5   18,600,000   6/25/2016                                
22   The Moors at Countryview   359   1   L(25),D(91),O(4)   0   0   22,800,000   5/11/2015                                
23   Tiberon Trails   299   1   L(25),D(92),O(3)   0   0   14,850,000   6/9/2015                                
24   Hollywood Student Housing   360   1   L(25),D(91),O(4)   0   0   15,300,000   4/9/2015                                
25   Cushendall Commons   360   3   L(27),D(29),O(4)   0   0   13,770,000   4/30/2015                                
26   Montevallo Place Apartments   360   1   L(25),D(91),O(4)   0   0   13,400,000   6/22/2015                                
27   Best Western Seven Seas   275   1   L(25),D(91),O(4)   0   5   23,200,000   4/13/2015                                
28   Twain Estates   358   2   L(26),D(91),O(3)   0   0   12,860,000   4/20/2015                                
29   Marquis Crest Apartments   360   1   L(25),D(92),O(3)   0   0   11,650,000   5/22/2015                                
30   Maple Square- Phase I   360   0   L(24),D(93),O(3)   0   0   12,000,000   7/7/2015                                
31   Best Western International Drive - Orlando   299   1   L(23),GRTR 1% or YM(93),O(4)   0   0   11,500,000   4/21/2015                                
32   Alderwood Retail   357   3   L(27),D(89),O(4)   0   0   11,000,000   5/4/2015                                
33   Forrest Oaks   359   1   L(25),D(88),O(7)   0   0   10,200,000   4/17/2015                                
34   101-107 Post Road East & 28 Church Lane   360   1   L(25),D(91),O(4)   0   0   11,100,000   6/20/2015                                
35   Starbucks Center   360   0   L(24),D(92),O(4)   0   0   9,650,000   8/1/2015                                
36   Tuscany Place   360   1   L(25),D(91),O(4)   0   0   10,730,000   5/18/2015                                
37   Dollar General Portfolio   360   2   L(26),D(91),O(3)   0   0   9,375,000   Various                                
37.01   Dollar General - Decatur                       1,475,000   5/15/2015                                
37.02   Dollar General - Bluff City                       1,450,000   5/15/2015                                
37.03   Dollar General - Bean Station                       1,400,000   5/15/2015                                
37.04   Dollar General - Enterprise                       1,400,000   5/8/2015                                
37.05   Dollar General - Philadelphia                       1,300,000   5/15/2015                                
37.06   Dollar General - Kingston                       1,200,000   5/15/2015                                
37.07   Dollar General - Oliver Springs                       1,150,000   5/15/2015                                
38   Collister Shopping Center   360   1   L(25),D(91),O(4)   0   5   9,700,000   6/17/2015                                
39   Homewood Suites Houston Intercontinental   299   1   L(25),D(91),O(4)   0   0   10,900,000   4/30/2015                                
40   Hampton Inn - Auburn Hills   360   0   L(24),D(92),O(4)   0   5   11,600,000   6/4/2015                                
41   Walgreens Puerto Rico   0   0   YM(24),YM or D(89),O(7)   0   0   9,300,000   6/4/2015                                
42   Sun and Sand Myrtle Beach   299   1   L(25),D(92),O(3)   0   0   13,400,000   3/26/2015                                
43   Security Public Storage - Vacaville   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5   5   9,180,000   6/15/2015                                
44   Courtyard Memphis East Lenox   359   1   L(25),D(31),O(4)   0   0   8,400,000   5/22/2015                                
45   HIE Natchez   360   0   L(24),D(92),O(4)   0   0   11,200,000   6/24/2015                                
46   1255 Broad Street Medical Center   360   1   L(25),D(91),O(4)   0   0   9,500,000   4/8/2015                                
47   Golden Gardens Apartments   359   1   L(25),D(91),O(4)   0   5   9,260,000   5/7/2015                                
48   Hampton Inn & Suites - Clute   240   0   L(24),D(93),O(3)   0   0   10,800,000   6/17/2015                                
49   SAAM Properties Apartments   358   2   L(26),D(90),O(4)   0   0   8,000,000   5/29/2015                                
50   Moulton Plaza   358   2   L(23),GRTR 1% or YM(93),O(4)   0   5   8,350,000   6/2/2015                                
51   Tivoli Apartments   359   1   L(25),D(92),O(3)   0   0   7,780,000   6/30/2015                                
52   Bishop Retail   297   3   L(27),D(89),O(4)   0   0   10,000,000   4/3/2015                                
53   67 Holly Hills   360   1   L(25),D(91),O(4)   0   0   7,800,000   7/30/2015                                
54   EZ Self Storage Chippewa   360   2   L(26),D(90),O(4)   0   5   7,850,000   2/11/2015                                
55   Premier Self Storage   360   0   L(24),D(92),O(4)   0   0   6,850,000   6/9/2015                                
56   219 West 19th Street   358   2   L(26),D(30),O(4)   0   0   20,000,000   4/1/2015                                
57   La Quinta - Sebring   300   1   L(25),D(91),O(4)   0   0   7,600,000   6/3/2015                                
58   Kohl’s   0   0   YM(24),YM or D(89),O(7)   0   0   6,700,000   7/9/2015                                
59   Comfort Suites - Firestone   360   0   L(24),D(92),O(4)   0   0   7,200,000   7/31/2015                                
60   Castleton Shoppes   360   1   L(24),GRTR 1% or YM(89),O(7)   0   0   6,900,000   6/21/2015                                
61   Hampton Inn Tampa East Seffner   300   1   L(25),D(91),O(4)   0   0   8,100,000   6/3/2015                                
62   Westchester Gardens Owners, Inc.   359   1   GRTR 1% or YM(113),1%(3),O(4)   10   10   13,860,000   5/22/2015   10,700,000   40.1%   23.4%   26   0   0   36,899    
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   360   0   L(24),D(92),O(4)   0   0   7,000,000   7/31/2015                                
64   Walgreens - Idaho Falls   0   1   L(25),D(91),O(4)   0   5   6,920,000   5/8/2015                                
65   Pelican Village   360   4   L(28),D(88),O(4)   10   10   4,900,000   2/11/2015                                
66   Southwood Office   358   2   L(26),D(90),O(4)   0   5   6,270,000   5/13/2015                                
67   Hudson Mews Apartment Corp.   0   0   GRTR 1% or YM(83),1%(33),O(4)   10   10   92,134,000   6/30/2015   29,400,000   12.2%   0.0%   0   0   0       750,000
68   La Quinta - Elkton   298   2   L(26),D(90),O(4)   0   0   5,500,000   5/21/2015                                
69   Security Public Storage - Roseville   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5   5   5,350,000   6/12/2015                                
70   Gwinnett Point   359   1   L(25),D(91),O(4)   0   5   5,000,000   5/15/2015                                
71   Holiday Inn Express  - Dayton   238   2   L(26),D(91),O(3)   0   0   5,575,000   5/15/2015                                
72   North Bay Self Storage   299   1   L(25),D(91),O(4)   0   5   10,250,000   6/25/2015                                
73   Patricia Gardens Owners, Inc.   360   0   GRTR 1% or YM(113),1%(3),O(4)   10   10   10,020,000   6/25/2015   9,400,000   34.6%   30.8%   19   0   1   136,944    
74   A Space Center Self Storage   360   0   L(24),D(92),O(4)   0   0   4,690,000   7/7/2015                                
75   Orange Grove MHP   360   0   L(24),D(89),O(7)   0   0   4,670,000   5/11/2015                                
76   3880 Lake Arrowhead Avenue   359   1   L(25),D(91),O(4)   0   5   4,900,000   6/12/2015                                
77   Wingate by Wyndham Houston Intercontinental   299   1   L(25),D(91),O(4)   0   0   4,600,000   4/30/2015                                
78   Caledonia MHP   300   0   L(24),D(92),O(4)   0   0   3,800,000   5/14/2015                                
79   44 Church Lane   360   1   L(25),D(91),O(4)   0   0   3,300,000   5/12/2015                                
80   137-05 Franklin Avenue Owners, Inc.   480   0   GRTR 1% or YM(113),1%(3),O(4)   10   10   24,560,000   6/25/2015   18,200,000   12.1%   1.8%   2   0   0   2,169   500,000
81   La Quinta Inn Acworth   360   0   L(24),D(92),O(4)   0   0   3,600,000   7/31/2015                                
82   Palisade Gardens Apartments Corp.   359   1   GRTR 1% or YM(113),1%(3),O(4)   10   10   10,250,000   7/2/2015   9,500,000   23.1%   1.7%   0   0   1       250,000
83   Storage Station - Wayne   360   0   L(24),D(91),O(5)   0   5   3,100,000   7/17/2015                                
84   Barbizon Building   359   1   L(25),D(88),O(7)   0   5   2,725,000   5/28/2015                                
85   Security Public Storage - Sacramento II   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5   5   3,500,000   6/19/2015                                
86   215 Equities Corp.   359   1   GRTR 1% or YM(113),1%(3),O(4)   10   10   171,727,820   5/1/2015   69,300,000   2.9%   14.6%   20   0   0   33,352   500,000
87   Stoneman Plaza - Railroad Center   360   0   L(24),D(92),O(4)   0   5   2,800,000   7/7/2015                                
88   Grand Loft Corp.   238   2   GRTR 1% or YM(113),1%(3),O(4)   10   10   133,740,000   6/8/2015   85,100,000   2.0%   0.0%   0   0   0       1,000,000
89   Perrysburg Estates   360   0   L(24),D(91),O(5)   0   0   2,270,000   5/22/2015                                
90   Middletown Self Storage   358   2   L(26),D(90),O(4)   0   0   2,375,000   5/8/2015                                
91   Country Meadows   359   1   L(25),D(91),O(4)   0   5   2,500,000   6/29/2015                                
92   Chapel Center   357   3   L(27),D(89),O(4)   0   5   2,400,000   4/14/2015                                
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   359   1   GRTR 1% or YM(113),1%(3),O(4)   10   10   8,440,000   6/19/2015   11,000,000   13.6%   2.6%   2   0   0   (1,595)   250,000
94   Voorheesville Self Storage   359   1   L(25),D(91),O(4)   0   0   2,400,000   5/8/2015                                
95   Fillmore Gardens Co-operative, Inc.   359   1   GRTR 1% or YM(113),1%(3),O(4)   10   10   61,000,000   6/12/2015   59,800,000   1.7%   0.0%   0   0   0       500,000
96   Dollar General - Lebanon   0   0   YM(24),YM or D(89),O(7)   0   0   1,260,000   7/20/2015                                
97   Dollar General - Effingham   0   0   YM(24),YM or D(89),O(7)   0   0   1,260,000   6/19/2015                                
98   Dollar General - Floresville   0   0   YM(24),YM or D(89),O(7)   0   0   1,251,000   8/6/2015                                
99   Dollar General - Kerrville   0   0   YM(24),YM or D(89),O(7)   0   0   1,180,000   8/6/2015                                
100   Dollar General - Warren   0   2   YM(26),YM or D(87),O(7)   0   0   1,070,000   4/27/2015                                

 

A-1-4
 

 

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

  

Mortgage Loan
Number
  Property Name   U/W NOI
DSCR (x)(3)
  U/W NCF
DSCR (x)(3)
  Cut-off Date LTV Ratio(3)(5)   LTV Ratio at Maturity or ARD(3)(5)   Cut-off Date U/W NOI Debt Yield(3)   Cut-off Date U/W NCF Debt Yield(3)   U/W
Revenues ($)(6)
  U/W
Expenses ($)
  U/W Net Operating Income ($)(7)   U/W
Replacement ($)
  U/W
TI/LC ($)
  U/W
Net Cash Flow ($)(7)
  Occupancy Rate(2)   Occupancy as-of Date   U/W Hotel ADR   U/W Hotel RevPAR   Most Recent Period
1   40 Wall Street   2.31   2.13   29.5%   21.1%   14.2%   13.1%   43,165,470   20,600,765   22,564,706   291,302   1,473,381   20,800,023   95.0%   5/19/2015           TTM 3/31/2015
2   The Meadows   1.66   1.53   71.9%   65.9%   10.2%   9.4%   16,311,018   6,935,220   9,375,797   150,920   600,850   8,624,027   91.2%   8/14/2015           TTM 6/30/2015
3   Somerset Park Apartments   1.81   1.77   72.1%   72.1%   8.4%   8.2%   24,789,739   9,759,082   15,030,657   311,640   0   14,719,017   93.2%   8/11/2015           TTM 5/31/2015
4   Townline Square   1.50   1.40   72.7%   62.3%   9.3%   8.7%   4,837,140   1,799,128   3,038,012   62,963   143,479   2,831,570   91.4%   7/20/2015           TTM 6/30/2015
5   Sandpiper Apartments   1.31   1.24   74.7%   65.9%   8.3%   7.8%   4,163,386   1,640,463   2,522,923   137,128   0   2,385,795   95.9%   6/1/2015           TTM 5/31/2015
6   West Palm Beach Marriott   2.41   1.84   56.4%   48.3%   14.8%   11.3%   21,009,236   16,576,584   4,432,651   1,050,462   0   3,382,189   78.1%   5/31/2015   156   119   TTM 5/31/2015
7   Shoppes at Wilton   2.20   2.07   64.5%   64.5%   9.8%   9.2%   3,114,215   901,643   2,212,573   20,207   115,330   2,077,037   100.0%   6/30/2015           TTM 5/31/2015
8   San Diego Park N’ Fly   1.67   1.67   73.7%   66.7%   10.7%   10.7%   4,729,355   2,394,691   2,334,664   0   0   2,334,664   100.0%   9/1/2015           NAV
9   Hickory Hills East   1.36   1.31   70.9%   64.9%   8.3%   8.1%   2,912,291   1,227,972   1,684,319   57,750   0   1,626,569   97.8%   7/24/2015           TTM 6/30/2015
10   The Jewelers Mall   1.50   1.45   70.0%   62.9%   9.4%   9.0%   2,758,993   892,771   1,866,222   5,916   57,455   1,802,851   98.7%   8/15/2015           TTM 6/30/2015
11   Schulman Crossing Power Center   1.45   1.33   74.9%   60.5%   8.7%   8.0%   3,040,240   1,340,362   1,699,878   20,313   121,610   1,557,955   95.6%   7/27/2015           Annualized 6 6/30/2015
12   Birchwood Glen Owners Corp.   4.91   4.91   30.4%   26.3%   28.1%   28.1%   8,160,350   2,830,712   5,329,638   71,200       5,329,638   95.0%   5/26/2015            
13   El Sol Del Rio Apartments   1.72   1.62   74.2%   68.0%   10.6%   9.9%   3,491,660   1,800,864   1,690,796   106,000   0   1,584,796   94.1%   7/18/2015           TTM 6/30/2015
14   Millburn Mall   1.55   1.46   75.0%   64.2%   9.5%   9.0%   2,266,938   870,576   1,396,362   14,207   64,045   1,318,110   97.1%   7/31/2015           TTM 5/31/2015
15   Home Depot Tacoma   2.15   2.07   43.2%   37.6%   12.7%   12.2%   2,158,752   355,164   1,803,588   23,413   45,323   1,734,852   100.0%   9/1/2015           NAV
16   Jellystone Park   2.42   2.35   54.9%   41.1%   17.0%   16.5%   4,365,199   1,990,766   2,374,432   68,424   0   2,306,008   22.5%   6/10/2015           TTM 5/30/2015
17   Clearwater Collection   1.77   1.56   72.2%   66.5%   11.4%   10.0%   2,127,205   606,633   1,520,573   24,185   156,437   1,339,951   96.8%   7/2/2015           TTM 6/30/2015
18   Memorial Regional Medical Office   1.65   1.54   61.5%   52.4%   9.9%   9.3%   1,694,158   472,681   1,221,477   11,778   69,157   1,140,542   96.2%   5/31/2015           YTD 6/30/2015
19   Hyatt Lisle   2.07   1.64   52.1%   39.7%   15.2%   12.0%   9,281,201   7,499,761   1,781,440   371,248   0   1,410,192   59.6%   3/31/2015   96   57   TTM 3/31/2015
20   Orchard Grove MHC   1.59   1.56   71.9%   65.3%   9.2%   9.0%   1,426,059   416,678   1,009,381   14,500   0   994,881   83.8%   5/31/2015           TTM 4/30/2015
21   Homewood Suites Austin   1.88   1.65   59.1%   50.7%   11.6%   10.2%   3,960,837   2,680,453   1,280,383   158,433   0   1,121,950   84.1%   6/30/2015   140   112   TTM 6/30/2015
22   The Moors at Countryview   1.65   1.50   48.2%   39.4%   10.4%   9.4%   2,491,292   1,347,626   1,143,666   108,160   0   1,035,506   76.7%   6/12/2015           TTM 6/30/2015
23   Tiberon Trails   1.95   1.80   70.6%   52.4%   13.4%   12.4%   3,038,341   1,630,142   1,408,198   112,200   0   1,295,998   93.9%   6/15/2015           TTM 6/30/2015
24   Hollywood Student Housing   1.30   1.27   67.0%   57.4%   8.0%   7.8%   1,038,838   216,636   822,202   21,600   0   800,602   100.0%   3/31/2015           Annualized 6 3/31/2015
25   Cushendall Commons   1.36   1.29   73.9%   70.2%   8.1%   7.7%   1,556,898   729,757   827,142   42,000   0   785,142   98.2%   5/13/2015           TTM 3/31/2015
26   Montevallo Place Apartments   1.53   1.44   74.6%   65.5%   9.4%   8.9%   1,825,424   881,339   944,085   55,800   0   888,285   91.5%   7/24/2015           TTM 6/30/2015
27   Best Western Seven Seas   2.83   2.17   43.0%   30.1%   20.1%   15.4%   9,374,329   7,365,961   2,008,368   468,716   0   1,539,651   89.5%   6/30/2015   85   71   TTM 6/30/2015
28   Twain Estates   1.39   1.28   73.7%   60.4%   8.8%   8.1%   1,560,872   731,432   829,440   63,600   0   765,840   94.8%   4/20/2015           TTM 4/20/2015
29   Marquis Crest Apartments   1.59   1.43   77.3%   67.9%   9.9%   8.9%   2,263,582   1,371,702   891,879   89,400   0   802,479   92.3%   7/17/2015           TTM 6/30/2015
30   Maple Square- Phase I   1.47   1.44   73.7%   63.6%   9.4%   9.2%   1,198,479   369,165   829,314   18,250   0   811,064   97.3%   7/16/2015           T-3 6/30/2015
31   Best Western International Drive - Orlando   1.98   1.76   68.1%   51.3%   14.1%   12.6%   3,054,195   1,946,749   1,107,446   122,168   0   985,279   94.5%   5/31/2015   80   64   TTM 5/31/2015
32   Alderwood Retail   1.57   1.47   69.7%   56.9%   9.7%   9.1%   972,263   225,769   746,493   8,566   38,062   699,866   90.1%   6/1/2015           TTM 2/28/2015
33   Forrest Oaks   1.75   1.53   74.9%   61.4%   11.1%   9.7%   1,094,352   247,422   846,930   21,463   82,062   743,405   98.8%   7/21/2015           TTM 5/31/2015
34   101-107 Post Road East & 28 Church Lane   1.37   1.33   65.8%   60.3%   8.5%   8.2%   839,831   222,203   617,628   3,414   16,678   597,535   100.0%   6/1/2015           TTM 3/31/2015
35   Starbucks Center   1.29   1.25   74.6%   68.5%   8.1%   7.8%   728,187   148,371   579,816   2,310   15,000   562,506   91.9%   8/20/2015           NAV
36   Tuscany Place   1.50   1.41   67.1%   59.0%   9.4%   8.8%   1,032,301   356,638   675,663   42,600   0   633,063   77.5%   5/1/2015           TTM 6/30/2015
37   Dollar General Portfolio   1.20   1.18   74.7%   65.1%   8.4%   8.2%   597,217   11,944   585,273   8,541   0   576,732   100.0%   9/1/2015           NAV
37.01   Dollar General - Decatur                           94,160   1,883   92,277   1,509   0   90,768   100.0%   9/1/2015           NAV
37.02   Dollar General - Bluff City                           91,303   1,826   89,477   1,166   0   88,311   100.0%   9/1/2015           NAV
37.03   Dollar General - Bean Station                           89,462   1,789   87,673   1,095   0   86,578   100.0%   9/1/2015           NAV
37.04   Dollar General - Enterprise                           89,334   1,787   87,548   1,158   0   86,390   100.0%   9/1/2015           NAV
37.05   Dollar General - Philadelphia                           83,427   1,669   81,759   1,181   0   80,578   100.0%   9/1/2015           NAV
37.06   Dollar General - Kingston                           76,801   1,536   75,265   1,213   0   74,052   100.0%   9/1/2015           NAV
37.07   Dollar General - Oliver Springs                           72,729   1,455   71,275   1,219   0   70,055   100.0%   9/1/2015           NAV
38   Collister Shopping Center   1.65   1.49   72.2%   66.0%   10.0%   9.1%   975,002   277,235   697,768   24,179   39,537   634,052   90.9%   6/17/2015           TTM 6/30/2015
39   Homewood Suites Houston Intercontinental   1.91   1.70   64.1%   48.0%   13.5%   12.0%   2,599,731   1,659,399   940,332   103,989   0   836,342   83.1%   6/30/2015   126   104   TTM 6/30/2015
40   Hampton Inn - Auburn Hills   2.13   1.87   58.6%   47.3%   12.9%   11.3%   2,666,417   1,789,317   877,100   106,657   0   770,443   72.8%   3/31/2015   98   72   TTM 3/31/2015
41   Walgreens Puerto Rico   1.60   1.59   70.0%   70.0%   8.1%   8.1%   546,238   16,387   529,851   3,132   0   526,719   100.0%   9/1/2015           NAV
42   Sun and Sand Myrtle Beach   2.23   1.96   48.1%   36.3%   16.0%   14.1%   3,027,166   1,999,919   1,027,247   121,087   0   906,161   60.6%   4/30/2015   94   57   TTM 4/30/2015
43   Security Public Storage - Vacaville   1.58   1.55   69.7%   56.3%   9.5%   9.4%   909,121   300,026   609,096   8,775   0   600,321   99.8%   6/17/2015           TTM 6/30/2015
44   Courtyard Memphis East Lenox   2.30   2.03   74.9%   69.6%   15.6%   13.8%   2,920,015   1,936,360   983,655   116,801   0   866,854   66.0%   5/31/2015   121   80   TTM 5/31/2015
45   HIE Natchez   2.44   2.18   55.4%   45.4%   15.5%   13.9%   2,515,207   1,553,408   961,799   100,608   0   861,191   71.1%   5/31/2015   118   84   TTM 5/31/2015
46   1255 Broad Street Medical Center   1.40   1.29   65.3%   58.0%   9.2%   8.4%   1,138,803   567,833   570,970   10,881   36,271   523,818   100.0%   6/1/2015           TTM 6/30/2015
47   Golden Gardens Apartments   1.63   1.55   65.8%   53.5%   10.0%   9.6%   1,042,280   430,864   611,416   27,500   0   583,916   97.3%   7/3/2015           TTM 6/30/2015
48   Hampton Inn & Suites - Clute   2.22   2.00   55.6%   34.5%   17.1%   15.4%   2,500,369   1,475,603   1,024,766   100,015   0   924,751   72.3%   6/30/2015   140   101   TTM 6/30/2015
49   SAAM Properties Apartments   1.37   1.30   74.8%   62.1%   9.1%   8.6%   729,600   185,532   544,068   27,000   0   517,068   98.1%   4/30/2015           Annualized 1 4/30/2015
50   Moulton Plaza   1.42   1.36   71.0%   57.1%   8.4%   8.1%   663,077   163,025   500,053   7,018   15,413   477,621   93.9%   5/13/2015           TTM 5/31/2015
51   Tivoli Apartments   1.61   1.53   74.5%   60.3%   9.8%   9.3%   944,990   378,529   566,461   26,400   0   540,061   100.0%   6/30/2015           TTM 6/30/2015
52   Bishop Retail   1.93   1.74   54.7%   40.6%   13.1%   11.9%   740,345   21,133   719,211   15,819   52,732   650,661   100.0%   9/1/2015           TTM 3/31/2015
53   67 Holly Hills   1.63   1.50   68.6%   60.1%   9.9%   9.2%   751,068   220,686   530,382   4,198   36,115   490,069   72.1%   7/24/2015           TTM 6/30/2015
54   EZ Self Storage Chippewa   1.34   1.32   65.6%   57.5%   8.2%   8.1%   859,783   435,706   424,077   7,505   0   416,572   99.5%   6/16/2015           TTM 5/31/2015
55   Premier Self Storage   1.43   1.40   74.7%   61.2%   9.1%   8.9%   682,192   217,223   464,968   7,357   0   457,612   92.9%   6/24/2015           TTM 6/30/2015
56   219 West 19th Street   2.85   2.83   24.9%   22.9%   17.7%   17.6%   1,284,988   401,477   883,511   6,125   0   877,386   100.0%   9/1/2015           NAV
57   La Quinta - Sebring   2.07   1.88   65.1%   50.2%   14.1%   12.8%   1,583,936   888,378   695,558   63,357   0   632,200   56.4%   5/31/2015   99   56   TTM 5/31/2015
58   Kohl’s   1.67   1.63   70.0%   70.0%   8.2%   8.1%   398,088   11,943   386,145   8,316   0   377,829   100.0%   9/1/2015           NAV
59   Comfort Suites - Firestone   2.56   2.27   65.0%   54.0%   17.1%   15.2%   2,225,818   1,425,736   800,083   89,033   0   711,050   67.6%   6/30/2015   124   84   TTM 6/30/2015
60   Castleton Shoppes   1.67   1.54   67.4%   59.3%   10.4%   9.6%   644,559   161,211   483,348   4,695   32,017   446,636   94.9%   7/1/2015           TTM 5/31/2015
61   Hampton Inn Tampa East Seffner   2.32   2.05   56.8%   43.7%   15.7%   13.9%   2,043,404   1,322,075   721,329   81,736   0   639,593   76.1%   5/31/2015   97   74   TTM 5/31/2015
62   Westchester Gardens Owners, Inc.   3.12   3.12   31.0%   24.5%   17.5%   17.5%   1,940,876   1,188,800   752,076   27,800       752,076   96.0%   5/22/2015            
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   2.12   1.87   60.0%   49.6%   13.9%   12.3%   1,682,940   1,100,624   582,316   67,318   0   514,999   73.6%   5/31/2015   103   76   TTM 5/31/2015
64   Walgreens - Idaho Falls   2.00   1.99   58.8%   58.8%   8.7%   8.7%   360,050   4,751   355,299   1,449   0   353,850   100.0%   9/1/2015           NAV
65   Pelican Village   1.63   1.48   73.7%   62.6%   9.6%   8.8%   535,237   186,994   348,243   6,480   25,596   316,167   100.0%   9/1/2015           Actual 2014
66   Southwood Office   1.63   1.47   57.4%   46.6%   10.0%   9.0%   468,691   109,180   359,512   3,250   31,899   324,363   88.4%   5/1/2015           TTM 5/31/2015
67   Hudson Mews Apartment Corp.   13.57   13.57   3.9%   3.9%   55.2%   55.2%   2,731,680   744,740   1,986,940   10,200       1,986,940   96.0%   6/30/2015            
68   La Quinta - Elkton   1.96   1.72   65.3%   49.6%   14.3%   12.5%   1,572,396   1,059,808   512,588   62,896   0   449,693   66.7%   3/31/2015   92   61   TTM 3/31/2015
69   Security Public Storage - Roseville   1.57   1.54   65.4%   52.7%   9.4%   9.2%   559,439   229,475   329,964   6,540   0   323,424   95.0%   5/26/2015           TTM 4/30/2015
70   Gwinnett Point   1.65   1.53   69.9%   57.1%   10.4%   9.6%   488,076   125,820   362,256   4,697   23,244   334,315   100.0%   6/1/2015           Annualized 6 6/30/2015
71   Holiday Inn Express  - Dayton   2.05   1.84   62.5%   39.7%   16.4%   14.7%   1,415,885   846,089   569,796   56,635   0   513,161   66.2%   4/30/2015   88   58   TTM 3/31/2015
72   North Bay Self Storage   3.03   2.98   33.4%   24.1%   19.2%   18.9%   933,847   276,628   657,219   10,352   0   646,867   96.8%   6/4/2015           TTM 5/31/2015
73   Patricia Gardens Owners, Inc.   3.86   3.86   32.4%   25.6%   21.6%   21.6%   1,357,000   654,048   702,952   10,300       702,952   95.0%   6/25/2015            
74   A Space Center Self Storage   1.67   1.65   66.1%   57.1%   10.6%   10.5%   445,345   115,385   329,960   4,013   0   325,948   98.0%   7/30/2015           TTM 7/31/2015
75   Orange Grove MHP   1.75   1.72   66.4%   53.8%   10.8%   10.6%   537,673   204,076   333,597   5,775   0   327,822   98.7%   5/1/2015           TTM 6/30/2015
76   3880 Lake Arrowhead Avenue   1.50   1.38   59.5%   48.2%   9.1%   8.4%   400,260   133,906   266,354   4,563   16,727   245,064   100.0%   7/6/2015           TTM 5/31/2015
77   Wingate by Wyndham Houston Intercontinental   2.18   1.88   57.5%   43.2%   15.4%   13.3%   1,387,548   979,067   408,480   55,502   0   352,978   77.9%   5/31/2015   79   61   TTM 5/31/2015
78   Caledonia MHP   1.99   1.96   61.7%   45.5%   13.5%   13.2%   486,965   171,430   315,535   4,850   0   310,685   84.5%   7/8/2015           TTM 3/31/2015
79   44 Church Lane   1.27   1.25   69.7%   64.0%   7.9%   7.8%   227,578   45,730   181,848   1,053   2,163   178,632   100.0%   6/1/2015           TTM 3/31/2015
80   137-05 Franklin Avenue Owners, Inc.   11.62   11.62   9.0%   7.9%   57.8%   57.8%   2,154,934   882,300   1,272,634   22,500       1,272,634   96.0%   6/25/2015            
81   La Quinta Inn Acworth   2.27   2.00   61.1%   50.5%   14.9%   13.1%   995,498   668,095   327,403   39,820   0   287,583   69.1%   5/31/2015   85   59   TTM 5/31/2015
82   Palisade Gardens Apartments Corp.   5.21   5.21   21.4%   16.9%   29.2%   29.2%   1,102,906   460,298   642,608   15,000       642,608   93.0%   7/2/2015            
83   Storage Station - Wayne   1.64   1.60   69.7%   58.3%   10.2%   10.0%   444,620   225,103   219,517   4,559   0   214,958   82.1%   7/13/2015           TTM 6/30/2015
84   Barbizon Building   1.85   1.61   75.0%   61.3%   11.7%   10.2%   427,017   188,359   238,658   9,827   21,292   207,539   90.3%   7/13/2015           TTM 6/30/2015
85   Security Public Storage - Sacramento II   1.63   1.57   57.1%   46.2%   9.9%   9.5%   396,486   198,859   197,627   6,705   0   190,922   89.8%   5/26/2015           TTM 4/30/2015
86   215 Equities Corp.   41.09   41.09   1.2%   0.9%   234.3%   234.3%   7,926,190   3,246,700   4,679,490   49,100       4,679,490   95.1%   5/1/2015            
87   Stoneman Plaza - Railroad Center   1.42   1.28   70.5%   58.9%   8.7%   7.9%   313,495   140,767   172,728   2,916   14,059   155,752   80.6%   6/30/2015           TTM 5/31/2015
88   Grand Loft Corp.   44.89   44.89   1.3%   0.8%   330.1%   330.1%   7,282,021   1,534,450   5,747,571   19,200       5,747,571   94.2%   6/8/2015            
89   Perrysburg Estates   1.65   1.59   74.9%   61.5%   10.6%   10.2%   456,844   276,796   180,049   6,650   0   173,399   65.4%   7/31/2015           TTM 6/30/2015
90   Middletown Self Storage   1.61   1.58   68.5%   56.5%   10.4%   10.2%   295,232   125,550   169,682   3,653   0   166,029   93.8%   6/1/2015           TTM 4/30/2015
91   Country Meadows   2.15   2.07   63.9%   51.8%   13.1%   12.6%   368,057   158,779   209,278   5,900   2,235   201,143   80.5%   6/30/2015           TTM 4/30/2015
92   Chapel Center   1.97   1.77   64.8%   52.3%   11.8%   10.6%   301,196   118,062   183,135   3,383   14,545   165,207   89.4%   4/14/2015           TTM 3/31/2015
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   9.51   9.51   17.7%   14.2%   55.2%   55.2%   1,455,667   628,631   827,036   13,100       827,036   95.0%   6/19/2015            
94   Voorheesville Self Storage   1.95   1.91   59.5%   49.2%   12.8%   12.5%   262,404   80,200   182,204   4,046   0   178,158   96.7%   6/19/2015           TTM 5/31/2015
95   Fillmore Gardens Co-operative, Inc.   74.36   74.36   1.6%   1.3%   433.8%   433.8%   7,459,400   3,126,840   4,332,560   76,680       4,332,560   95.0%   6/12/2015            
96   Dollar General - Lebanon   1.84   1.81   65.0%   65.0%   9.7%   9.6%   82,250   2,467   79,782   1,382   0   78,401   100.0%   9/1/2015           NAV
97   Dollar General - Effingham   1.84   1.81   65.0%   65.0%   9.7%   9.5%   81,868   2,456   79,412   1,350   0   78,062   100.0%   9/1/2015           NAV
98   Dollar General - Floresville   1.98   1.95   65.0%   65.0%   10.2%   10.0%   85,655   2,570   83,085   1,365   0   81,720   100.0%   9/1/2015           NAV
99   Dollar General - Kerrville   1.99   1.95   65.0%   65.0%   10.2%   10.1%   81,025   2,431   78,595   1,365   0   77,230   100.0%   9/1/2015           NAV
100   Dollar General - Warren   1.97   1.93   65.0%   65.0%   10.1%   9.9%   72,467   2,174   70,293   1,358   0   68,936   100.0%   9/1/2015           NAV

 

A-1-5
 

 

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

  

Mortgage Loan
Number
  Property Name   Most Recent Revenues ($)   Most Recent Expenses ($)   Most
Recent
NOI ($)
  Most Recent Capital Expenditures   Most Recent NCF ($)   Most Recent Hotel ADR   Most Recent Hotel RevPAR   Second Most Recent Period   Second Most Recent Revenues ($)   Second Most Recent Expenses ($)   Second Most Recent NOI ($)   Second Most Recent Capital Expenditures   Second Most Recent NCF ($)   Second Most Recent Hotel ADR   Second Most Recent Hotel RevPAR
1   40 Wall Street   29,157,396   18,863,645   10,293,751   0   10,293,751           Actual 2014   29,603,829   18,918,523   10,685,306   0   10,685,306        
2   The Meadows   11,443,872   6,733,800   4,710,072   0   4,710,072           Actual 2014   11,611,826   6,583,285   5,028,541   0   5,028,541        
3   Somerset Park Apartments   24,065,452   9,317,835   14,747,617   0   14,747,617           Actual 2014   23,455,767   9,365,697   14,090,070   0   14,090,070        
4   Townline Square   5,010,501   1,995,747   3,014,754   0   3,014,754           Actual 2014   4,123,916   1,797,200   2,326,716   0   2,326,716        
5   Sandpiper Apartments   3,991,294   1,595,308   2,395,987   0   2,395,987           Actual 2014   3,939,238   1,581,805   2,357,432   0   2,357,432        
6   West Palm Beach Marriott   21,435,724   16,801,324   4,634,400   0   4,634,400   156   122   Actual 2014   20,521,911   16,752,131   3,769,780   0   3,769,780   149   117
7   Shoppes at Wilton   3,168,909   867,695   2,301,214   0   2,301,214           Actual 2014   3,160,440   857,346   2,303,094   0   2,303,094        
8   San Diego Park N’ Fly   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9   Hickory Hills East   2,820,224   1,181,844   1,638,380   0   1,638,380           Actual 2014   2,805,342   1,226,354   1,578,989   0   1,578,989        
10   The Jewelers Mall   2,639,725   819,956   1,819,769   0   1,819,769           Actual 2014   2,637,187   801,066   1,836,121   0   1,836,121        
11   Schulman Crossing Power Center   1,684,736   264,688   1,420,048   0   1,420,048           NAV   NAV   NAV   NAV   NAV   NAV        
12   Birchwood Glen Owners Corp.                                                            
13   El Sol Del Rio Apartments   3,376,666   1,787,374   1,589,292   0   1,589,292           Actual 2014   3,252,651   1,746,446   1,506,205   0   1,506,205        
14   Millburn Mall   2,200,887   731,657   1,469,231   0   1,469,231           Actual 2014   2,133,117   737,348   1,395,769   0   1,395,769        
15   Home Depot Tacoma   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
16   Jellystone Park   4,365,199   1,832,995   2,532,203   0   2,532,203           Actual 2014   4,165,764   1,851,155   2,314,609   0   2,314,609        
17   Clearwater Collection   2,102,813   522,460   1,580,354   0   1,580,354           Actual 2014   2,111,286   533,926   1,577,360   0   1,577,360        
18   Memorial Regional Medical Office   582,809   243,027   339,782   0   339,782           NAV   NAV   NAV   NAV   NAV   NAV        
19   Hyatt Lisle   9,086,393   8,049,174   1,037,219   363,456   673,763   96   57   Actual 2014   9,163,652   7,895,818   1,267,834   366,546   901,288   96   57
20   Orchard Grove MHC   1,386,843   434,594   952,249   0   952,249           Actual 2014   1,378,074   441,471   936,603   0   936,603        
21   Homewood Suites Austin   4,160,474   2,714,221   1,446,253   0   1,446,253   140   118   Actual 2014   4,018,387   2,630,728   1,387,659   0   1,387,659   135   113
22   The Moors at Countryview   2,342,212   1,364,370   977,842   108,160   869,682           Actual 2014   2,192,297   1,341,379   850,918   108,160   742,758        
23   Tiberon Trails   3,038,340   1,613,321   1,425,019   112,200   1,312,819           Actual 2014   2,877,375   1,722,201   1,155,175   112,200   1,042,975        
24   Hollywood Student Housing   876,372   39,796   836,576   0   836,576           NAV   NAV   NAV   NAV   NAV   NAV        
25   Cushendall Commons   1,523,293   721,385   801,908   42,000   759,908           Actual 2014   1,498,599   709,267   789,332   42,000   747,332        
26   Montevallo Place Apartments   1,798,091   805,320   992,771   0   992,771           Actual 2014   1,696,660   898,129   798,532   0   798,532        
27   Best Western Seven Seas   9,930,317   7,423,951   2,506,366   0   2,506,366   85   76   Actual 2014   9,374,329   7,169,528   2,204,801   0   2,204,801   81   71
28   Twain Estates   1,490,395   734,574   755,821   94,254   661,567           Actual 2014   1,435,598   737,443   698,155   36,058   662,097        
29   Marquis Crest Apartments   2,165,957   1,593,122   572,835   89,400   483,435           Actual 2014   1,991,654   1,573,188   418,466   89,400   329,066        
30   Maple Square- Phase I   1,077,236   241,934   835,302   18,250   817,052           TTM 6/30/2015   609,493   260,892   348,601   18,250   330,351        
31   Best Western International Drive - Orlando   3,370,857   1,836,269   1,534,588   0   1,534,588   75   71   Actual 2014   3,358,607   1,836,020   1,522,587   0   1,522,587   74   71
32   Alderwood Retail   961,066   209,297   751,769   0   751,769           Actual 2014   957,401   207,573   749,828   0   749,828        
33   Forrest Oaks   1,064,080   241,807   822,273   0   822,273           Actual 2014   994,314   249,286   745,028   0   745,028        
34   101-107 Post Road East & 28 Church Lane   773,294   226,129   547,165   0   547,165           Actual 2014   794,063   213,748   580,315   0   580,315        
35   Starbucks Center   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
36   Tuscany Place   1,030,046   352,710   677,336   0   677,336           Actual 2014   1,086,294   363,527   722,768   0   722,768        
37   Dollar General Portfolio   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.01   Dollar General - Decatur   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.02   Dollar General - Bluff City   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.03   Dollar General - Bean Station   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.04   Dollar General - Enterprise   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.05   Dollar General - Philadelphia   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.06   Dollar General - Kingston   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
37.07   Dollar General - Oliver Springs   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
38   Collister Shopping Center   850,858   273,485   577,373   0   577,373           Actual 2014   836,606   277,198   559,408   0   559,408        
39   Homewood Suites Houston Intercontinental   2,617,937   1,702,115   915,823   0   915,823   126   104   Actual 2014   2,579,195   1,672,883   906,312   0   906,312   125   103
40   Hampton Inn - Auburn Hills   2,666,417   1,688,713   977,704   0   977,704   98   72   Annualized 11 12/31/2014   2,467,158   1,697,391   769,767   0   769,767   98   66
41   Walgreens Puerto Rico   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
42   Sun and Sand Myrtle Beach   3,025,917   1,776,314   1,249,603   121,037   1,128,566   94   57   Actual 2014   2,954,730   1,989,824   964,907   118,189   846,717   93   55
43   Security Public Storage - Vacaville   909,624   296,346   613,278   0   613,278           Actual 2014   860,556   284,823   575,732   0   575,732        
44   Courtyard Memphis East Lenox   2,920,015   1,954,956   965,059   116,802   848,257   121   80   Actual 2014   2,559,771   1,765,839   793,932   102,391   691,541   109   70
45   HIE Natchez   2,515,207   1,538,171   977,036   0   977,036   118   84   Actual 2014   2,501,426   1,620,151   881,275   0   881,275   117   83
46   1255 Broad Street Medical Center   1,160,040   574,675   585,364   0   585,364           Actual 2014   1,112,314   539,986   572,329   0   572,329        
47   Golden Gardens Apartments   1,042,280   415,535   626,745   0   626,745           Actual 2014   1,022,729   417,079   605,650   0   605,650        
48   Hampton Inn & Suites - Clute   2,500,369   1,415,229   1,085,140   100,015   985,125   140   101   Actual 2014   2,282,882   1,384,874   898,009   91,315   806,694   136   92
49   SAAM Properties Apartments   741,664   163,572   578,092   27,000   551,092           NAV   NAV   NAV   NAV   NAV   NAV        
50   Moulton Plaza   628,543   121,593   506,950   0   506,950           Actual 2014   629,464   120,509   508,955   0   508,955        
51   Tivoli Apartments   944,990   378,747   566,243   26,400   539,843           Actual 2014   930,369   373,320   557,049   26,400   530,649        
52   Bishop Retail   779,310   21,741   757,569   0   757,569           Actual 2014   779,310   21,718   757,592   0   757,592        
53   67 Holly Hills   578,119   221,533   356,586   207,407   149,179           Actual 2014   704,985   213,683   491,302   24,125   467,177        
54   EZ Self Storage Chippewa   859,783   361,965   497,818   0   497,818           Actual 2014   849,465   407,806   441,659   0   441,659        
55   Premier Self Storage   673,217   179,216   494,002   0   494,002           Actual 2014   655,884   177,805   478,079   0   478,079        
56   219 West 19th Street   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
57   La Quinta - Sebring   1,576,234   876,768   699,467   0   699,467   99   56   Actual 2014   1,503,519   866,630   636,889   0   636,889   97   53
58   Kohl’s   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
59   Comfort Suites - Firestone   2,226,078   1,065,625   1,160,453   0   1,160,453   124   84   Actual 2014   2,457,639   1,083,197   1,374,442   0   1,374,442   123   93
60   Castleton Shoppes   616,288   169,198   447,090   0   447,090           Actual 2014   600,642   168,676   431,965   0   431,965        
61   Hampton Inn Tampa East Seffner   2,043,026   1,309,151   733,875   0   733,875   97   74   Actual 2014   1,859,740   1,240,777   618,962   0   618,962   92   67
62   Westchester Gardens Owners, Inc.                                                            
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   1,682,940   1,129,399   553,542   0   553,542   103   76   Actual 2014   1,641,815   1,053,461   588,354   0   588,354   101   74
64   Walgreens - Idaho Falls   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
65   Pelican Village   595,620   158,169   437,451   6,903   430,548           Actual 2013   573,419   149,028   424,391   0   424,391        
66   Southwood Office   458,309   94,429   363,880   0   363,880           Actual 2014   462,653   94,367   368,287   0   368,287        
67   Hudson Mews Apartment Corp.                                                            
68   La Quinta - Elkton   1,572,396   1,001,812   570,584   0   570,584   92   61   Actual 2014   1,533,603   964,332   569,271   0   569,271   92   60
69   Security Public Storage - Roseville   559,434   204,584   354,851   0   354,851           Actual 2014   540,276   203,614   336,662   0   336,662        
70   Gwinnett Point   499,000   121,315   377,685   0   377,685           Actual 2014   486,955   130,015   356,940   0   356,940        
71   Holiday Inn Express  - Dayton   1,415,885   855,300   560,585   56,635   503,949   88   58   Actual 2014   1,413,520   835,112   578,408   56,541   521,868   92   58
72   North Bay Self Storage   934,603   285,952   648,651   0   648,651           Actual 2014   936,377   285,088   651,289   0   651,289        
73   Patricia Gardens Owners, Inc.                                                            
74   A Space Center Self Storage   445,345   88,628   356,718   0   356,718           Actual 2014   436,593   88,175   348,419   0   348,419        
75   Orange Grove MHP   545,179   169,623   375,556   0   375,556           Actual 2014   535,258   179,738   355,520   0   355,520        
76   3880 Lake Arrowhead Avenue   382,326   105,897   276,429   0   276,429           Actual 2014   393,822   105,692   288,129   0   288,129        
77   Wingate by Wyndham Houston Intercontinental   1,400,251   1,015,070   385,181   0   385,181   78   60   Actual 2014   1,360,093   997,901   362,191   0   362,191   72   59
78   Caledonia MHP   480,571   151,073   329,498   0   329,498           Actual 2014   464,233   150,280   313,953   0   313,953        
79   44 Church Lane   136,743   57,836   78,907   1,060   77,847           Actual 2014   148,604   51,406   97,198   1,060   96,138        
80   137-05 Franklin Avenue Owners, Inc.                                                            
81   La Quinta Inn Acworth   995,498   665,483   330,014   0   330,014   85   59   Actual 2014   971,952   631,250   340,701   0   340,701   83   57
82   Palisade Gardens Apartments Corp.                                                            
83   Storage Station - Wayne   464,388   260,774   203,614   0   203,614           Actual 2014   460,244   273,620   186,624   0   186,624        
84   Barbizon Building   318,392   174,738   143,654   0   143,654           Actual 2014   253,356   158,597   94,760   0   94,760        
85   Security Public Storage - Sacramento II   396,467   197,088   199,379   0   199,379           Actual 2014   372,155   186,893   185,261   0   185,261        
86   215 Equities Corp.                                                            
87   Stoneman Plaza - Railroad Center   262,864   145,226   117,638   0   117,638           Actual 2014   270,861   141,226   129,635   0   129,635        
88   Grand Loft Corp.                                                            
89   Perrysburg Estates   446,784   262,693   184,091   0   184,091           Actual 2014   445,024   273,198   171,826   0   171,826        
90   Middletown Self Storage   293,936   114,978   178,958   0   178,958           Actual 2014   288,956   111,014   177,942   0   177,942        
91   Country Meadows   359,800   157,910   201,890   0   201,890           Actual 2014   352,950   153,238   199,712   0   199,712        
92   Chapel Center   274,045   54,835   219,210   0   219,210           Actual 2014   278,988   55,922   223,066   0   223,066        
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation                                                            
94   Voorheesville Self Storage   269,620   62,854   206,767   0   206,767           Actual 2014   264,675   62,672   202,004   0   202,004        
95   Fillmore Gardens Co-operative, Inc.                                                            
96   Dollar General - Lebanon   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
97   Dollar General - Effingham   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
98   Dollar General - Floresville   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
99   Dollar General - Kerrville   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
100   Dollar General - Warren   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        

 

A-1-6
 

 

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

  

Mortgage Loan
Number
  Property Name   Third Most Recent Period   Third Most Recent Revenues ($)   Third Most Recent Expenses ($)   Third Most Recent NOI ($)   Third Most Recent Capital Expenditures   Third Most Recent NCF ($)   Third Most Recent Hotel ADR   Third Most Recent Hotel RevPAR   Master Lease (Y/N)   Largest Tenant Name(7)(8)(9)(10)(11)   Largest Tenant Sq. Ft.   Largest
Tenant
% of NRA
1   40 Wall Street   Actual 2013   32,979,857   18,225,522   14,754,335   0   14,754,335           N   Green Ivy   86,350   7.4%
2   The Meadows   Actual 2013   10,544,144   6,216,160   4,327,984   0   4,327,984           N   Malo Consulting NJ, LLC   85,668   14.2%
3   Somerset Park Apartments   Actual 2013   22,505,789   8,883,836   13,621,953   0   13,621,953           N            
4   Townline Square   Actual 2013   3,495,252   1,622,701   1,872,551   0   1,872,551           N   Burlington Coat Factory   61,713   19.6%
5   Sandpiper Apartments   Actual 2013   3,649,533   1,569,009   2,080,524   0   2,080,524           N            
6   West Palm Beach Marriott   Actual 2013   19,220,843   15,960,646   3,260,197   0   3,260,197   136   107   N            
7   Shoppes at Wilton   Actual 2013   3,101,459   863,391   2,238,068   0   2,238,068           N   Best Buy   30,038   22.3%
8   San Diego Park N’ Fly   NAV   NAV   NAV   NAV   NAV   NAV           Y            
9   Hickory Hills East   Actual 2013   2,869,549   1,324,787   1,544,762   0   1,544,762           N            
10   The Jewelers Mall   Actual 2013   2,607,928   761,112   1,846,816   0   1,846,816           N   Parking Network, Inc.   97,978   76.8%
11   Schulman Crossing Power Center   NAV   NAV   NAV   NAV   NAV   NAV           N   Hobby Lobby   55,000   27.1%
12   Birchwood Glen Owners Corp.                                   N            
13   El Sol Del Rio Apartments   Actual 2013   3,060,132   1,751,229   1,308,903   0   1,308,903           N            
14   Millburn Mall   Actual 2013   2,019,194   682,237   1,336,957   0   1,336,957           N   Walgreens   21,112   29.7%
15   Home Depot Tacoma   NAV   NAV   NAV   NAV   NAV   NAV           N   Home Depot   117,064   100.0%
16   Jellystone Park   Actual 2013   4,106,052   405,325   3,700,727   0   3,700,727           N            
17   Clearwater Collection   Actual 2013   2,088,121   511,633   1,576,488   0   1,576,488           N   Floor & Décor   65,688   48.9%
18   Memorial Regional Medical Office   NAV   NAV   NAV   NAV   NAV   NAV           N   Bon Secours-Memorial Regional   30,098   51.4%
19   Hyatt Lisle   Actual 2013   8,757,769   7,777,416   980,353   350,311   630,042   88   52   N            
20   Orchard Grove MHC   Actual 2013   1,347,551   423,725   923,826   0   923,826           N            
21   Homewood Suites Austin   Actual 2013   3,440,194   2,275,666   1,164,528   0   1,164,528   128   97   N            
22   The Moors at Countryview   Actual 2013   2,168,404   1,344,960   823,444   108,160   715,284           N            
23   Tiberon Trails   Actual 2013   2,879,714   1,781,023   1,098,692   112,200   986,492           N            
24   Hollywood Student Housing   NAV   NAV   NAV   NAV   NAV   NAV           N            
25   Cushendall Commons   Actual 2013   1,408,991   687,177   721,814   42,000   679,814           N            
26   Montevallo Place Apartments   Actual 2013   1,330,278   900,832   429,445   0   429,445           N            
27   Best Western Seven Seas   Actual 2013   8,859,987   6,757,509   2,102,478   0   2,102,478   75   66   N            
28   Twain Estates   Actual 2013   1,343,831   703,326   640,505   35,773   604,732           N            
29   Marquis Crest Apartments   Actual 2013   1,827,609   1,319,271   508,338   89,400   418,938           N            
30   Maple Square- Phase I   Actual 2014   133,392   194,179   -60,787   18,250   -79,037           N            
31   Best Western International Drive - Orlando   Actual 2013   3,101,403   1,460,097   1,641,305   0   1,641,305   70   66   N            
32   Alderwood Retail   Actual 2013   906,378   205,007   701,371   0   701,371           N   America’s Best Contacts #5371   4,130   9.6%
33   Forrest Oaks   Actual 2013   1,092,306   251,099   841,207   0   841,207           N   Tractor Supply Company   28,000   22.2%
34   101-107 Post Road East & 28 Church Lane   Actual 2013   750,963   211,879   539,085   0   539,085           N   Urban Outfitters, Inc.   11,572   67.8%
35   Starbucks Center   NAV   NAV   NAV   NAV   NAV   NAV           N   Verizon   4,000   34.6%
36   Tuscany Place   Actual 2013   1,070,116   381,613   688,503   0   688,503           Y            
37   Dollar General Portfolio   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   68,398   100.0%
37.01   Dollar General - Decatur   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   12,480   100.0%
37.02   Dollar General - Bluff City   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,026   100.0%
37.03   Dollar General - Bean Station   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   10,640   100.0%
37.04   Dollar General - Enterprise   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,100   100.0%
37.05   Dollar General - Philadelphia   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,026   100.0%
37.06   Dollar General - Kingston   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,026   100.0%
37.07   Dollar General - Oliver Springs   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,100   100.0%
38   Collister Shopping Center   Actual 2013   996,261   279,108   717,153   0   717,153           N   20th Century Lanes   20,682   22.1%
39   Homewood Suites Houston Intercontinental   Actual 2013   2,222,264   1,348,522   873,742   0   873,742   115   93   N            
40   Hampton Inn - Auburn Hills   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   N            
41   Walgreens Puerto Rico   NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   15,660   100.0%
42   Sun and Sand Myrtle Beach   Actual 2013   2,739,893   1,917,338   822,555   109,596   712,960   91   52   N            
43   Security Public Storage - Vacaville   Actual 2013   773,588   289,410   484,178   0   484,178           N            
44   Courtyard Memphis East Lenox   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   N            
45   HIE Natchez   Actual 2013   996,815   621,772   375,043   0   375,043   104   66   N            
46   1255 Broad Street Medical Center   Actual 2013   1,126,938   533,378   593,560   0   593,560           N   Bloomfield Surgi-Center   7,406   20.4%
47   Golden Gardens Apartments   Actual 2013   850,108   468,386   381,722   0   381,722           N            
48   Hampton Inn & Suites - Clute   Actual 2013   2,080,362   1,226,662   853,701   83,215   770,486   133   84   N            
49   SAAM Properties Apartments   NAV   NAV   NAV   NAV   NAV   NAV           N            
50   Moulton Plaza   Actual 2013   635,647   137,350   498,297   0   498,297           N   Coastal Montessori   10,897   63.4%
51   Tivoli Apartments   Actual 2013   897,869   350,232   547,637   26,400   521,237           N            
52   Bishop Retail   Actual 2013   779,310   21,767   757,543   0   757,543           Y   Kmart   105,462   100.0%
53   67 Holly Hills   Actual 2013   839,301   226,633   612,668   9,408   603,260           N   Peak Physique, Inc.   4,614   22.0%
54   EZ Self Storage Chippewa   Actual 2013   757,981   382,253   375,728   0   375,728           N            
55   Premier Self Storage   Actual 2013   637,441   170,087   467,354   0   467,354           N            
56   219 West 19th Street   NAV   NAV   NAV   NAV   NAV   NAV           N   New York Live Arts   24,501   100.0%
57   La Quinta - Sebring   Actual 2013   1,389,161   759,059   630,102   0   630,102   93   49   N            
58   Kohl’s   NAV   NAV   NAV   NAV   NAV   NAV           N   Kohl’s   55,440   100.0%
59   Comfort Suites - Firestone   Actual 2013   1,869,392   829,135   1,040,257   0   1,040,257   113   70   N            
60   Castleton Shoppes   Actual 2013   515,187   150,755   364,432   0   364,432           N   Mattress Firm, Inc.   4,800   15.3%
61   Hampton Inn Tampa East Seffner   Actual 2013   1,619,134   1,169,681   449,453   0   449,453   85   59   N            
62   Westchester Gardens Owners, Inc.                                   N            
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   Actual 2013   1,412,219   819,648   592,570   0   592,570   98   63   N            
64   Walgreens - Idaho Falls   NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   14,490   100.0%
65   Pelican Village   Actual 2012   525,128   151,030   374,098   8,180   365,918           N   Chiropractic Health of SW Florida   3,150   9.7%
66   Southwood Office   Actual 2013   475,839   93,606   382,233   0   382,233           N   BSM Financial, Inc.   5,801   35.7%
67   Hudson Mews Apartment Corp.                                   N            
68   La Quinta - Elkton   Actual 2013   1,322,822   974,813   348,009   0   348,009   87   51   N            
69   Security Public Storage - Roseville   Actual 2013   508,531   207,803   300,728   0   300,728           N            
70   Gwinnett Point   Actual 2013   474,909   128,081   346,828   0   346,828           N   Enterprise   8,000   25.5%
71   Holiday Inn Express  - Dayton   Actual 2013   1,228,344   788,913   439,431   49,134   390,297   80   50   N            
72   North Bay Self Storage   Actual 2013   916,422   280,101   636,321   0   636,321           N            
73   Patricia Gardens Owners, Inc.                                   N            
74   A Space Center Self Storage   Actual 2013   424,020   88,854   335,166   0   335,166           N            
75   Orange Grove MHP   Actual 2013   509,832   165,415   344,417   0   344,417           N            
76   3880 Lake Arrowhead Avenue   Actual 2013   365,851   110,718   255,133   0   255,133           N   Arrowhead Liquors   2,400   16.3%
77   Wingate by Wyndham Houston Intercontinental   Actual 2013   1,170,538   934,910   235,627   0   235,627   68   53   N            
78   Caledonia MHP   Actual 2013   419,693   147,343   272,350   0   272,350           N            
79   44 Church Lane   Actual 2013   55,180   23,957   31,222   2,132   29,091           N   SoNo Westport   2,050   52.6%
80   137-05 Franklin Avenue Owners, Inc.                                   N            
81   La Quinta Inn Acworth   Actual 2013   849,004   523,993   325,011   0   325,011   76   51   N            
82   Palisade Gardens Apartments Corp.                                   N            
83   Storage Station - Wayne   Actual 2013   400,069   252,589   147,480   0   147,480           N            
84   Barbizon Building   Actual 2014   242,681   151,474   91,208   0   91,208           N   CSL Financial, LLC   4,685   14.3%
85   Security Public Storage - Sacramento II   Actual 2013   290,004   189,539   100,465   0   100,465           N            
86   215 Equities Corp.                                   N            
87   Stoneman Plaza - Railroad Center   NAV   NAV   NAV   NAV   NAV   NAV           N   Bigmop   2,218   14.6%
88   Grand Loft Corp.                                   N            
89   Perrysburg Estates   Actual 2013   413,138   258,349   154,789   0   154,789           N            
90   Middletown Self Storage   Actual 2013   281,959   107,674   174,285   0   174,285           N            
91   Country Meadows   Actual 2013   334,990   154,464   180,526   0   180,526           N            
92   Chapel Center   Actual 2013   284,622   54,858   229,764   0   229,764           N   Mattress Warehouse   4,400   30.3%
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation                                   N            
94   Voorheesville Self Storage   Actual 2013   256,620   58,944   197,676   0   197,676           N            
95   Fillmore Gardens Co-operative, Inc.                                   N            
96   Dollar General - Lebanon   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,211   100.0%
97   Dollar General - Effingham   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,002   100.0%
98   Dollar General - Floresville   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,100   100.0%
99   Dollar General - Kerrville   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,100   100.0%
100   Dollar General - Warren   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,050   100.0%

 

A-1-7
 

 

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

  

Mortgage Loan
Number
  Property Name   Largest Tenant Exp. Date   2nd Largest Tenant Name(7)(8)(9)(10)   2nd Largest Tenant Sq. Ft.   2nd Largest
Tenant
% of NRA
  2nd Largest Tenant Exp. Date   3rd Largest Tenant Name(7)(8)(9)(11)   3rd Largest Tenant Sq. Ft.   3rd Largest
Tenant
% of NRA
  3rd Largest Tenant Exp. Date   4th Largest Tenant Name(7)(8)   4th Largest Tenant Sq. Ft.
1   40 Wall Street   11/30/2061   Countrywide Insurance Company   82,302   7.1%   8/31/2021   Duane Reade   77,810   6.7%   3/31/2028   Haks Engineering & Land Surveyors   69,916
2   The Meadows   5/31/2024   Shiseido Americas Corp   53,040   8.8%   12/31/2026   Sony Music Entertainment   53,040   8.8%   9/30/2025   SGS North America, INC.   36,920
3   Somerset Park Apartments                                            
4   Townline Square   5/31/2019   Big Y Foods   54,983   17.5%   12/31/2031   Edge Fitness   33,340   10.6%   7/31/2029   Marshall’s (TJX Companies)   27,000
5   Sandpiper Apartments                                            
6   West Palm Beach Marriott                                            
7   Shoppes at Wilton   1/31/2019   TJ Maxx   28,000   20.8%   4/30/2023   Bed Bath & Beyond   18,430   13.7%   1/31/2019   Pier 1   9,450
8   San Diego Park N’ Fly                                            
9   Hickory Hills East                                            
10   The Jewelers Mall   6/30/2016   Crystalini Findings Inc.   1,681   1.3%   2/1/2019   Rama Thai Yawalux Dodge   1,400   1.1%   7/31/2016   Bonson Inc LaiYEddi   1,371
11   Schulman Crossing Power Center   9/30/2029   Dick’s   35,000   17.2%   1/31/2025   TJ Maxx   24,000   11.8%   10/31/2024   Ross Dress For Less   22,000
12   Birchwood Glen Owners Corp.                                            
13   El Sol Del Rio Apartments                                            
14   Millburn Mall   7/31/2027   Staples   20,700   29.1%   3/31/2017   Melo Vino   2,600   3.7%   12/31/2018   Bottle Crown   2,500
15   Home Depot Tacoma   1/31/2026                                        
16   Jellystone Park                                            
17   Clearwater Collection   5/31/2017   LA Fitness   45,000   33.5%   4/30/2022   21st Century High School   12,038   9.0%   9/30/2017   Buffalo Wild Wings   7,335
18   Memorial Regional Medical Office   4/30/2025   OrthoVirginia, Inc   26,249   44.8%   2/28/2025                        
19   Hyatt Lisle                                            
20   Orchard Grove MHC                                            
21   Homewood Suites Austin                                            
22   The Moors at Countryview                                            
23   Tiberon Trails                                            
24   Hollywood Student Housing                                            
25   Cushendall Commons                                            
26   Montevallo Place Apartments                                            
27   Best Western Seven Seas                                            
28   Twain Estates                                            
29   Marquis Crest Apartments                                            
30   Maple Square- Phase I                                            
31   Best Western International Drive - Orlando                                            
32   Alderwood Retail   4/30/2017   Time 4 Kids   3,901   9.1%   2/28/2019   JPMorgan Chase Bank, National Association   3,650   8.5%   11/30/2019   Another Castle Game Store   3,222
33   Forrest Oaks   4/29/2018   Burke’s Outlet #246   26,196   20.7%   1/31/2017   Staples   19,490   15.4%   7/31/2017   Dollar General   12,463
34   101-107 Post Road East & 28 Church Lane   1/31/2023   Chelsea Pub, LLC   3,400   19.9%   3/31/2022   David Adams Realty, LLC   2,100   12.3%   2/28/2022        
35   Starbucks Center   9/30/2022   Select Comfort   2,820   24.4%   3/5/2025   Blaze Pizza   2,000   17.3%   2/19/2025   Starbucks   1,800
36   Tuscany Place                                            
37   Dollar General Portfolio   Various                                        
37.01   Dollar General - Decatur   10/31/2029                                        
37.02   Dollar General - Bluff City   8/31/2029                                        
37.03   Dollar General - Bean Station   6/30/2030                                        
37.04   Dollar General - Enterprise   4/30/2030                                        
37.05   Dollar General - Philadelphia   5/31/2030                                        
37.06   Dollar General - Kingston   3/31/2030                                        
37.07   Dollar General - Oliver Springs   4/30/2030                                        
38   Collister Shopping Center   8/31/2017   City of Boise Public Library   12,000   12.9%   2/28/2018   Boise Habitat for Humanity   11,683   12.5%   12/31/2024   Dollar Tree   11,625
39   Homewood Suites Houston Intercontinental                                            
40   Hampton Inn - Auburn Hills                                            
41   Walgreens Puerto Rico   8/31/2037                                        
42   Sun and Sand Myrtle Beach                                            
43   Security Public Storage - Vacaville                                            
44   Courtyard Memphis East Lenox                                            
45   HIE Natchez                                            
46   1255 Broad Street Medical Center   8/1/2030   HMB Support Services   6,077   16.8%   8/1/2030   The Retina Center   4,574   12.6%   1/31/2017   TKL Research, Inc.   4,077
47   Golden Gardens Apartments                                            
48   Hampton Inn & Suites - Clute                                            
49   SAAM Properties Apartments                                            
50   Moulton Plaza   9/30/2022   New York Pizzeria   1,430   8.3%   5/31/2016   Green Cleaners   1,375   8.0%   5/31/2017   Ibiza Nail and Spa   1,275
51   Tivoli Apartments                                            
52   Bishop Retail   9/30/2026                                        
53   67 Holly Hills   8/31/2025   Wayne D. Effron P.C. (2)   3,453   16.5%   12/31/2016   Mortgage Masters, Inc.   2,770   13.2%   11/30/2019   Brown Paper Company Inc.   2,661
54   EZ Self Storage Chippewa                                            
55   Premier Self Storage                                            
56   219 West 19th Street   6/30/2035                                        
57   La Quinta - Sebring                                            
58   Kohl’s   1/31/2034                                        
59   Comfort Suites - Firestone                                            
60   Castleton Shoppes   8/31/2025   Catherine’s   3,600   11.5%   5/31/2019   Lover’s Lane & Company   3,400   10.9%   3/31/2019   Cycle Gear, Inc.   3,100
61   Hampton Inn Tampa East Seffner                                            
62   Westchester Gardens Owners, Inc.                                            
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest                                            
64   Walgreens - Idaho Falls   3/31/2090                                        
65   Pelican Village   12/31/2019   The Original Honey Baked Ham of Georgia   3,150   9.7%   9/30/2016   H&R Block   2,250   6.9%   5/31/2017   ZGS Communications   2,000
66   Southwood Office   12/31/2016   PDL BioPharma, Inc.   4,812   29.6%   5/31/2017   Reese Kintz Brohawn, LLC   3,596   22.1%   6/30/2017   Active Motif, Inc   160
67   Hudson Mews Apartment Corp.                                            
68   La Quinta - Elkton                                            
69   Security Public Storage - Roseville                                            
70   Gwinnett Point   5/31/2019   Dent1st   4,725   15.1%   1/31/2019   Shabu Shabu   2,800   8.9%   3/31/2019   Sunny Cleaners   2,350
71   Holiday Inn Express  - Dayton                                            
72   North Bay Self Storage                                            
73   Patricia Gardens Owners, Inc.                                            
74   A Space Center Self Storage                                            
75   Orange Grove MHP                                            
76   3880 Lake Arrowhead Avenue   1/31/2019   Medina Halal Market   2,400   16.3%   3/31/2020   Creative Smile Dental   1,680   11.4%   1/31/2022   China Station Restaurant   1,280
77   Wingate by Wyndham Houston Intercontinental                                            
78   Caledonia MHP                                            
79   44 Church Lane   12/31/2025   Beth Fry & Tom Hine   663   17.0%   6/30/2016   Sebastian Liccione   608   15.6%   9/30/2016   Turner Construction Company   580
80   137-05 Franklin Avenue Owners, Inc.                                            
81   La Quinta Inn Acworth                                            
82   Palisade Gardens Apartments Corp.                                            
83   Storage Station - Wayne                                            
84   Barbizon Building   4/30/2017   G4S Secure Solutions (USA), Inc.   4,516   13.8%   5/31/2022   Chase Commercial Real Estate Services, Inc.   2,748   8.4%   2/28/2020   Alabama Head Injury Foundation   2,318
85   Security Public Storage - Sacramento II                                            
86   215 Equities Corp.                                            
87   Stoneman Plaza - Railroad Center   5/11/2018   Chef Js Pizza Shack   1,800   11.8%   11/30/2019   Pittsburg Liquor and Deli   1,779   11.7%   12/31/2023   Farmers Insurance   1,373
88   Grand Loft Corp.                                            
89   Perrysburg Estates                                            
90   Middletown Self Storage                                            
91   Country Meadows                                            
92   Chapel Center   12/31/2017   The Men’s Wearhouse   3,920   27.0%   4/30/2018   H & R Block Eastern Tax Services, Inc.   2,000   13.8%   4/30/2017   Sprintcom, Inc.   1,600
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation                                            
94   Voorheesville Self Storage                                            
95   Fillmore Gardens Co-operative, Inc.                                            
96   Dollar General - Lebanon   7/31/2030                                        
97   Dollar General - Effingham   6/30/2030                                        
98   Dollar General - Floresville   7/31/2030                                        
99   Dollar General - Kerrville   7/31/2030                                        
100   Dollar General - Warren   4/30/2030                                        

 

A-1-8
 

 

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

  

Mortgage Loan
Number
  Property Name   4th Largest
Tenant
% of NRA
  4th Largest Tenant Exp. Date   5th Largest Tenant Name(7)(10)   5th Largest Tenant Sq. Ft.   5th Largest
Tenant
% of NRA
  5th Largest Tenant Exp. Date   Engineering Report Date   Environmental Report Date (Phase I)   Environmental Report Date (Phase II)   Seismic Report Date   Seismic PML %
1   40 Wall Street   6.0%   3/31/2029   Weidlinger Associates Inc   61,082   5.2%   1/31/2033   5/28/2015   6/3/2015            
2   The Meadows   6.1%   3/31/2025   MEDCON ACQ   24,754   4.1%   12/31/2023   8/4/2015   8/4/2015            
3   Somerset Park Apartments                           5/29/2015   6/2/2015            
4   Townline Square   8.6%   1/31/2020   Michael’s Stores   24,186   7.7%   2/28/2018   7/17/2015   7/21/2015            
5   Sandpiper Apartments                           6/4/2015   6/4/2015            
6   West Palm Beach Marriott                           7/2/2015   7/2/2015            
7   Shoppes at Wilton   7.0%   2/28/2018   Five Below   7,800   5.8%   1/31/2021   6/23/2015   6/23/2015            
8   San Diego Park N’ Fly                           8/5/2015   8/10/2015       8/5/2015   9.0%
9   Hickory Hills East                           7/16/2015   7/16/2015            
10   The Jewelers Mall   1.1%   3/31/2018   Ohannes Yeghiayan Hovig’s Watch Repair   831   0.7%   6/30/2020   6/29/2015   6/26/2015       6/26/2015   12.0%
11   Schulman Crossing Power Center   10.8%   1/31/2025   Petco   12,500   6.2%   1/31/2025   6/4/2015   6/4/2015            
12   Birchwood Glen Owners Corp.                           7/23/2015   6/8/2015            
13   El Sol Del Rio Apartments                           7/8/2015   7/8/2015            
14   Millburn Mall   3.5%   9/30/2016   ConnectOne Bank   2,260   3.2%   1/31/2020   4/9/2015   8/6/2015            
15   Home Depot Tacoma                           4/22/2015   3/10/2015       4/22/2015   10.0%
16   Jellystone Park                           5/18/2015   5/20/2015            
17   Clearwater Collection   5.5%   7/31/2021                   1/13/2015   2/6/2015   4/3/2015        
18   Memorial Regional Medical Office                           7/8/2015   7/8/2015            
19   Hyatt Lisle                           5/6/2015   5/8/2015            
20   Orchard Grove MHC                           4/27/2015   4/27/2015            
21   Homewood Suites Austin                           6/23/2015   6/22/2015            
22   The Moors at Countryview                           5/19/2015   5/20/2015            
23   Tiberon Trails                           6/8/2015   6/8/2015            
24   Hollywood Student Housing                           4/20/2015   4/22/2015       4/21/2015   14.0%
25   Cushendall Commons                           5/6/2015   5/6/2015            
26   Montevallo Place Apartments                           7/8/2015   6/17/2015            
27   Best Western Seven Seas                           4/8/2015   4/8/2015       4/8/2015   7.0%
28   Twain Estates                           4/1/2015   4/2/2015            
29   Marquis Crest Apartments                           7/6/2015   7/6/2015            
30   Maple Square- Phase I                           7/15/2015   7/15/2015            
31   Best Western International Drive - Orlando                           7/9/2015   5/1/2015            
32   Alderwood Retail   7.5%   9/30/2015   ComiCorp, Inc   3,000   7.0%   2/29/2020   5/28/2015   5/18/2015       5/5/2015   12.0%
33   Forrest Oaks   9.9%   4/30/2020   Aarons Rent   8,000   6.3%   2/28/2017   4/30/2015   4/30/2015            
34   101-107 Post Road East & 28 Church Lane                           5/19/2015   5/22/2015            
35   Starbucks Center   15.6%   1/31/2025                   3/22/2015   3/18/2015            
36   Tuscany Place                           6/1/2015   6/1/2015       6/23/2015   4.0%
37   Dollar General Portfolio                           Various   5/26/2015            
37.01   Dollar General - Decatur                           5/27/2015   5/26/2015            
37.02   Dollar General - Bluff City                           5/27/2015   5/26/2015            
37.03   Dollar General - Bean Station                           5/27/2015   5/26/2015            
37.04   Dollar General - Enterprise                           5/27/2015   5/26/2015            
37.05   Dollar General - Philadelphia                           5/22/2015   5/26/2015            
37.06   Dollar General - Kingston                           5/26/2015   5/26/2015            
37.07   Dollar General - Oliver Springs                           5/26/2015   5/26/2015            
38   Collister Shopping Center   12.4%   5/31/2019   Once Upon a Time   7,500   8.0%   1/31/2016   7/2/2015   6/11/2015   3/31/2015        
39   Homewood Suites Houston Intercontinental                           5/6/2015   5/5/2015            
40   Hampton Inn - Auburn Hills                           6/12/2015   6/12/2015            
41   Walgreens Puerto Rico                           6/8/2015   6/10/2015       6/10/2015   12.0%
42   Sun and Sand Myrtle Beach                           4/6/2015   4/10/2015            
43   Security Public Storage - Vacaville                           6/22/2015   6/22/2015       6/22/2015   8.0%
44   Courtyard Memphis East Lenox                           5/31/2015   5/28/2015       5/28/2015   6.0%
45   HIE Natchez                           7/2/2015   7/9/2015            
46   1255 Broad Street Medical Center   11.2%   3/31/2021   The Eye Doctor   3,832   10.6%   5/31/2020   4/23/2015   4/17/2015            
47   Golden Gardens Apartments                           5/11/2015   5/11/2015       5/11/2015   3.0%
48   Hampton Inn & Suites - Clute                           7/6/2015   7/7/2015            
49   SAAM Properties Apartments                           5/21/2015   Various            
50   Moulton Plaza   7.4%   10/31/2016   Dr. Faisal Aldujaili   1,100   6.4%   9/30/2018   6/5/2015   6/5/2015       6/5/2015   10.0%
51   Tivoli Apartments                           7/7/2015   7/7/2015            
52   Bishop Retail                           4/15/2015   4/17/2015       4/15/2015   9.0%
53   67 Holly Hills   12.7%   12/31/2020   JM Advisors, LLC   2,333   11.1%   9/30/2017   5/22/2015   5/22/2015            
54   EZ Self Storage Chippewa                           2/24/2015   2/24/2015   5/20/2015        
55   Premier Self Storage                           6/19/2015   6/19/2015            
56   219 West 19th Street                           4/3/2015   4/6/2015            
57   La Quinta - Sebring                           7/27/2015   7/27/2015            
58   Kohl’s                           7/7/2015   7/23/2015            
59   Comfort Suites - Firestone                           4/10/2015   4/10/2015            
60   Castleton Shoppes   9.9%   10/31/2018   V Café   1,900   6.1%   11/30/2018   7/1/2015   7/1/2015            
61   Hampton Inn Tampa East Seffner                           6/26/2015   6/26/2015            
62   Westchester Gardens Owners, Inc.                           7/24/2015   7/28/2015            
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest                           5/6/2015   5/6/2015            
64   Walgreens - Idaho Falls                           5/26/2015   5/26/2015            
65   Pelican Village   6.2%   8/31/2018   A Flower Boutique, Inc.   2,000   6.2%   8/31/2016   4/9/2015   4/9/2015            
66   Southwood Office   1.0%   MTM                   5/27/2015   5/27/2015       5/27/2015   9.0%
67   Hudson Mews Apartment Corp.                           7/15/2015   7/8/2015            
68   La Quinta - Elkton                           5/28/2015   5/28/2015            
69   Security Public Storage - Roseville                           6/19/2015   6/19/2015       6/19/2015   5.0%
70   Gwinnett Point   7.5%   12/31/2018   Dog Groomer   1,400   4.5%   10/31/2017   5/1/2015   5/11/2015   7/13/2015        
71   Holiday Inn Express  - Dayton                           5/26/2015   5/26/2015            
72   North Bay Self Storage                           6/30/2015   6/30/2015       6/30/2015   12.0%
73   Patricia Gardens Owners, Inc.                           7/9/2015   7/8/2015            
74   A Space Center Self Storage                           7/16/2015   7/16/2015            
75   Orange Grove MHP                           5/18/2015   5/18/2015       5/17/2015   18.0%
76   3880 Lake Arrowhead Avenue   8.7%   1/31/2020   Balkh Bakery   1,208   8.2%   12/31/2016   6/24/2015   6/10/2015       6/25/2015   19.0%
77   Wingate by Wyndham Houston Intercontinental                           5/6/2015   5/5/2015            
78   Caledonia MHP                           5/20/2015   5/22/2015            
79   44 Church Lane   14.9%   1/31/2016                   5/19/2015   5/26/2015            
80   137-05 Franklin Avenue Owners, Inc.                           7/7/2015   7/2/2015            
81   La Quinta Inn Acworth                           5/6/2015   5/11/2015            
82   Palisade Gardens Apartments Corp.                           7/7/2015   7/8/2015            
83   Storage Station - Wayne                           7/28/2015   8/14/2015            
84   Barbizon Building   7.1%   11/30/2019   Church of Jesus Christ of Latter Day Saints   1,586   4.8%   10/31/2018   6/8/2015   6/8/2015            
85   Security Public Storage - Sacramento II                           6/24/2015   6/24/2015       6/24/2015   3.0%
86   215 Equities Corp.                           5/18/2015   5/14/2015            
87   Stoneman Plaza - Railroad Center   9.0%   4/30/2018   Al’s Donuts   1,200   7.9%   12/31/2019   6/19/2015   6/19/2015       6/19/2015   10.0%
88   Grand Loft Corp.                           6/23/2015   6/18/2015            
89   Perrysburg Estates                           7/9/2015   6/8/2015            
90   Middletown Self Storage                           5/29/2015   5/29/2015            
91   Country Meadows                           7/2/2015   7/2/2015            
92   Chapel Center   11.0%   8/31/2018   Check ’n Go of Ohio   1,085   7.5%   3/31/2017   4/24/2015   4/24/2015            
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation                           7/2/2015   6/30/2015            
94   Voorheesville Self Storage                           5/29/2015   5/29/2015            
95   Fillmore Gardens Co-operative, Inc.                           6/18/2015   6/16/2015            
96   Dollar General - Lebanon                           7/24/2015   7/24/2015            
97   Dollar General - Effingham                           7/13/2015   7/13/2015            
98   Dollar General - Floresville                           8/18/2015   8/18/2015            
99   Dollar General - Kerrville                           8/18/2015   8/18/2015            
100   Dollar General - Warren                           5/5/2015   5/5/2015            

 

A-1-9
 

 

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

  

Mortgage Loan
Number
  Property Name   Seismic Insurance Required  (Y/N)   Terrorism Insurance (Y/N)   Loan Purpose   Engineering Escrow / Deferred Maintenance ($)   Tax Escrow (Initial)   Monthly Tax Escrow ($)   Tax Escrow - Cash or LoC   Tax Escrow - LoC Counterparty   Insurance Escrow (Initial)   Monthly Insurance Escrow ($)(12)   Insurance Escrow - Cash or LoC   Insurance Escrow - LoC Counterparty
1   40 Wall Street   N   Y   Refinance   0   1,515,525   505,175   Cash       0   Springing        
2   The Meadows   N   Y   Acquisition   411,813   527,929   175,976   Cash       37,255   12,418   Cash    
3   Somerset Park Apartments   N   Y   Acquisition   0   672,715   106,780   Cash       0   Springing        
4   Townline Square   N   Y   Acquisition   18,750   69,222   69,222   Cash       32,538   10,846   Cash    
5   Sandpiper Apartments   N   Y   Refinance   68,375   86,380   16,453   Cash       7,174   6,833   Cash    
6   West Palm Beach Marriott   N   Y   Refinance   0   0   Springing           0   Springing        
7   Shoppes at Wilton   N   Y   Refinance   0   0   Springing           0   Springing        
8   San Diego Park N’ Fly   N   Y   Acquisition   0   0   23,974   Cash       0   Springing        
9   Hickory Hills East   N   Y   Refinance   3,500   0   17,851   Cash       10,570   5,033   Cash    
10   The Jewelers Mall   N   Y   Refinance   68,750   109,776   18,296   Cash       20,352   1,696   Cash    
11   Schulman Crossing Power Center   N   Y   Refinance   0   27,184   6,795; Springing   Cash       0   4,318; Springing   Cash    
12   Birchwood Glen Owners Corp.   N   Y   Refinance   0   0   Springing           0   Springing        
13   El Sol Del Rio Apartments   N   Y   Acquisition   15,381   230,418   27,431   Cash       37,335   8,889   Cash    
14   Millburn Mall   N   Y   Refinance   20,375   51,204   25,602   Cash       0   Springing        
15   Home Depot Tacoma   N   Y   Acquisition   586,831   0   Springing           0   Springing        
16   Jellystone Park   N   Y   Refinance   0   97,551   8,129   Cash       24,050   8,017   Cash    
17   Clearwater Collection   N   Y   Acquisition   37,688   197,396   17,945   Cash       37,250   9,313   Cash    
18   Memorial Regional Medical Office   N   Y   Refinance   0   0   2,522   Cash       0   Springing        
19   Hyatt Lisle   N   Y   Acquisition   15,625   115,550   23,110   Cash       59,807   7,476   Cash    
20   Orchard Grove MHC   N   Y   Refinance   0   59,472   8,496   Cash       12,982   1,442   Cash    
21   Homewood Suites Austin   N   Y   Acquisition   0   132,383   18,912   Cash       0   Springing        
22   The Moors at Countryview   N   Y   Refinance   108,103   135,330   27,066   Cash       12,031   4,010   Cash    
23   Tiberon Trails   N   Y   Refinance   250,000   0   18,046   Cash       72,053   12,009   Cash    
24   Hollywood Student Housing   N   Y   Refinance   0   83,275   Springing   Cash       2,336   Springing   Cash    
25   Cushendall Commons   N   Y   Acquisition   0   197,225   19,723   Cash       0   Springing        
26   Montevallo Place Apartments   N   Y   Refinance   18,375   99,485   10,528   Cash       45,151   4,778   Cash    
27   Best Western Seven Seas   N   Y   Refinance   0   73,062   12,177   Cash       0   Springing        
28   Twain Estates   N   Y   Refinance   17,500   33,500   5,583   Cash       14,118   4,706   Cash    
29   Marquis Crest Apartments   N   Y   Refinance   9,375   13,852   13,852   Cash       29,280   9,760   Cash    
30   Maple Square- Phase I   N   Y   Refinance   0   27,702   9,234   Cash       7,524   684   Cash    
31   Best Western International Drive - Orlando   N   Y   Acquisition   25,000   63,525   10,083   Cash       11,856   5,646   Cash    
32   Alderwood Retail   N   Y   Refinance   32,316   41,347   8,269   Cash       0   Springing        
33   Forrest Oaks   N   Y   Refinance   122,110   62,393   7,428   Cash       6,146   1,463   Cash    
34   101-107 Post Road East & 28 Church Lane   N   Y   Refinance   0   19,887   6,629   Cash       8,361   1,393   Cash    
35   Starbucks Center   N   Y   Refinance   0   61,250   5,833   Cash       13,726   2,179   Cash    
36   Tuscany Place   N   Y   Acquisition   0   29,685   9,424   Cash       1,642   782   Cash    
37   Dollar General Portfolio   N   Y   Acquisition   0   3,737   534   Cash       0   0        
37.01   Dollar General - Decatur   N   Y                                        
37.02   Dollar General - Bluff City   N   Y                                        
37.03   Dollar General - Bean Station   N   Y                                        
37.04   Dollar General - Enterprise   N   Y                                        
37.05   Dollar General - Philadelphia   N   Y                                        
37.06   Dollar General - Kingston   N   Y                                        
37.07   Dollar General - Oliver Springs   N   Y                                        
38   Collister Shopping Center   N   Y   Acquisition   0   24,114   8,038   Cash       0   Springing        
39   Homewood Suites Houston Intercontinental   N   Y   Refinance   0   105,000   12,500   Cash       21,280   5,067   Cash    
40   Hampton Inn - Auburn Hills   N   Y   Refinance   0   7,874   7,870   Cash       1,170   1,178   Cash    
41   Walgreens Puerto Rico   N   Y   Acquisition   0   0   Springing           0   Springing        
42   Sun and Sand Myrtle Beach   N   Y   Refinance   350,000   67,500   7,500   Cash       0   0        
43   Security Public Storage - Vacaville   N   Y   Refinance   0   0   Springing           0   Springing        
44   Courtyard Memphis East Lenox   N   Y   Acquisition   18,181   36,750   5,000   Cash       7,588   1,807   Cash    
45   HIE Natchez   N   Y   Refinance   3,875   98,497   10,423   Cash       25,767   2,454   Cash    
46   1255 Broad Street Medical Center   N   Y   Refinance   0   43,924   20,916   Cash       9,194   1,459   Cash    
47   Golden Gardens Apartments   N   Y   Refinance   0   36,012   6,859   Cash       17,510   2,382   Cash    
48   Hampton Inn & Suites - Clute   N   Y   Refinance   0   131,656   10,449   Cash       61,482   5,589   Cash    
49   SAAM Properties Apartments   N   Y   Refinance   0   41,265   4,126   Cash       9,632   3,211   Cash    
50   Moulton Plaza   N   Y   Refinance   0   21,433   2,381   Cash       790   263   Cash    
51   Tivoli Apartments   N   Y   Refinance   94,818   22,777   7,592   Cash       23,441   1,953   Cash    
52   Bishop Retail   N   Y   Refinance   0   0   Springing           0   Springing        
53   67 Holly Hills   N   Y   Refinance   5,000   14,409   4,803   Cash       2,024   675   Cash    
54   EZ Self Storage Chippewa   N   Y   Refinance   0   25,320   3,165   Cash       0   Springing        
55   Premier Self Storage   N   Y   Acquisition   0   15,306   7,288   Cash       3,743   713   Cash    
56   219 West 19th Street   N   Y   Refinance   0   0   0           6,331   3,165   Cash    
57   La Quinta - Sebring   N   Y   Refinance   0   27,757   4,406   Cash       42,434   3,109   Cash    
58   Kohl’s   N   Y   Acquisition   0   0   Springing           0   Springing        
59   Comfort Suites - Firestone   N   Y   Refinance   0   52,500   8,333   Cash       12,224   1,663   Cash    
60   Castleton Shoppes   N   Y   Refinance   0   0   4,226   Cash       5,605   593   Cash    
61   Hampton Inn Tampa East Seffner   N   Y   Refinance   0   42,848   6,801   Cash       44,165   3,236   Cash    
62   Westchester Gardens Owners, Inc.   N   Y   Refinance   0   57,348   19,120   Cash       0   Springing        
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   N   Y   Refinance   0   17,765   1,692   Cash       13,108   1,561   Cash    
64   Walgreens - Idaho Falls   N   N   Acquisition   0   0   Springing           0   Springing        
65   Pelican Village   N   Y   Refinance   0   23,285   3,326   Cash       4,603   2,301   Cash    
66   Southwood Office   N   Y   Refinance   0   19,342   3,941   Cash       3,956   989   Cash    
67   Hudson Mews Apartment Corp.   N   Y   Refinance   0   0   Springing           0   Springing        
68   La Quinta - Elkton   N   Y   Refinance   0   43,461   5,174   Cash       14,539   1,539   Cash    
69   Security Public Storage - Roseville   N   Y   Refinance   0   0   Springing           0   Springing        
70   Gwinnett Point   N   Y   Refinance   0   39,682   4,968   Cash       1,345   674   Cash    
71   Holiday Inn Express  - Dayton   N   Y   Refinance   0   25,563   2,840   Cash       0   1,083   Cash    
72   North Bay Self Storage   N   Y   Refinance   0   19,745   3,949   Cash       5,946   991   Cash    
73   Patricia Gardens Owners, Inc.   N   Y   Refinance   0   75,384   11,943   Cash       0   Springing        
74   A Space Center Self Storage   N   Y   Acquisition   0   7,771   1,850   Cash       915   436   Cash    
75   Orange Grove MHP   N   Y   Refinance   28,320   31,813   2,651   Cash       4,848   485   Cash    
76   3880 Lake Arrowhead Avenue   N   Y   Acquisition   0   17,810   3,562   Cash       0   Springing        
77   Wingate by Wyndham Houston Intercontinental   N   Y   Refinance   0   46,900   5,583   Cash       13,537   2,707   Cash    
78   Caledonia MHP   N   Y   Refinance   0   11,436   5,718   Cash       1,022   341   Cash    
79   44 Church Lane   N   Y   Refinance   0   3,411   1,137   Cash       318   106   Cash    
80   137-05 Franklin Avenue Owners, Inc.   N   Y   Refinance   0   0   Springing           0   Springing        
81   La Quinta Inn Acworth   N   Y   Refinance   0   9,292   885   Cash       8,888   1,058   Cash    
82   Palisade Gardens Apartments Corp.   N   Y   Refinance   0   30,762   5,738   Cash       0   Springing        
83   Storage Station - Wayne   N   Y   Acquisition   0   7,253   7,253   Cash       920   460   Cash    
84   Barbizon Building   N   Y   Refinance   0   14,787   1,643   Cash       2,952   328   Cash    
85   Security Public Storage - Sacramento II   N   Y   Refinance   0   0   Springing           0   Springing        
86   215 Equities Corp.   N   Y   Refinance   0   0   Springing           0   Springing        
87   Stoneman Plaza - Railroad Center   N   Y   Refinance   0   10,688   2,672   Cash       6,688   836   Cash    
88   Grand Loft Corp.   N   Y   Refinance   0   0   Springing           0   Springing        
89   Perrysburg Estates   N   Y   Refinance   114,753   8,419   2,673   Cash       1,871   594   Cash    
90   Middletown Self Storage   N   Y   Acquisition   0   49,984   4,760   Cash       1,222   388   Cash    
91   Country Meadows   N   Y   Refinance   0   0   Springing           0   Springing        
92   Chapel Center   N   Y   Acquisition   13,331   1,989   1,989   Cash       1,436   718   Cash    
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   N   Y   Refinance   0   0   Springing           0   Springing        
94   Voorheesville Self Storage   N   Y   Recapitalization   0   17,462   1,848   Cash       1,539   367   Cash    
95   Fillmore Gardens Co-operative, Inc.   N   Y   Refinance   0   0   Springing           0   Springing        
96   Dollar General - Lebanon   N   Y   Acquisition   0   413   38; Springing   Cash       0   Springing        
97   Dollar General - Effingham   N   Y   Acquisition   0   140   47; Springing   Cash       0   Springing        
98   Dollar General - Floresville   N   Y   Acquisition   0   649   72; Springing   Cash       0   Springing        
99   Dollar General - Kerrville   N   Y   Acquisition   0   66   22; Springing   Cash       0   Springing        
100   Dollar General - Warren   N   Y   Acquisition   0   221   74; Springing   Cash       0   Springing        

 

A-1-10
 

 

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

  

Mortgage Loan
Number
  Property Name   Upfront Replacement Reserve ($)   Monthly Replacement Reserve ($)(12)(13)   Replacement Reserve Cap ($)   Replacement Reserve Escrow - Cash or LoC   Replacement Reserve Escrow - LoC Counterparty   Upfront TI/LC Reserve ($)   Monthly TI/LC Reserve ($)(12)(14)   TI/LC Reserve Cap ($)(14)   TI/LC Escrow - Cash or LoC
1   40 Wall Street   0   Springing   0           0   Springing   0    
2   The Meadows   0   12,577   0   Cash       3,327,131   50,291   0   Cash
3   Somerset Park Apartments   26,500,000   46,375   0   Cash       0   0   0    
4   Townline Square   0   6,559   0   Cash       500,000   9,182   830,556   Cash
5   Sandpiper Apartments   0   11,427   0   Cash       0   0   0    
6   West Palm Beach Marriott   0   Springing   0           0   0   0    
7   Shoppes at Wilton   0   Springing   0           0   Springing   0    
8   San Diego Park N’ Fly   1,250,000   0   0   Cash       0   0   0    
9   Hickory Hills East   0   4,813   0   Cash       0   0   0    
10   The Jewelers Mall   0   512   18,432   Cash       60,000   3,840   60,000   Cash
11   Schulman Crossing Power Center   0   2,540; Springing   130,000   Cash       0   9,167; Springing   675,000   Cash
12   Birchwood Glen Owners Corp.   0   0   0           0   0   0    
13   El Sol Del Rio Apartments   500,000   8,833   0   Cash       0   0   0    
14   Millburn Mall   0   1,184   0   Cash       0   0   0    
15   Home Depot Tacoma   0   0   0           486,383   0   0   Cash
16   Jellystone Park   0   1,454   0   Cash       0   0   0    
17   Clearwater Collection   0   2,015   0   Cash       0   13,036   0   Cash
18   Memorial Regional Medical Office   0   736   50,000   Cash       369,973   Springing   0   Cash
19   Hyatt Lisle   0   0   0           0   0   0    
20   Orchard Grove MHC   0   1,208   58,000   Cash       0   0   0    
21   Homewood Suites Austin   0   13,203   0   Cash       0   0   0    
22   The Moors at Countryview   0   9,013   0   Cash       0   0   0    
23   Tiberon Trails   0   9,350   0   Cash       0   0   0    
24   Hollywood Student Housing   0   1,800   0   Cash       0   0   0    
25   Cushendall Commons   0   3,500   0   Cash       0   0   0    
26   Montevallo Place Apartments   0   4,650   0   Cash       0   0   0    
27   Best Western Seven Seas   0   37,683   0   Cash       0   0   0    
28   Twain Estates   0   5,300   0   Cash       0   0   0    
29   Marquis Crest Apartments   680,000   7,450   0   Cash       0   0   0    
30   Maple Square- Phase I   0   1,521   0   Cash       0   0   0    
31   Best Western International Drive - Orlando   0   10,181   0   Cash       0   0   0    
32   Alderwood Retail   0   714   0   Cash       100,000   3,750   0   Cash
33   Forrest Oaks   0   1,789   0   Cash       500,000   6,839   350,000   Cash
34   101-107 Post Road East & 28 Church Lane   0   356   0   Cash       58,898   1,390   0   Cash
35   Starbucks Center   0   193   6,852   Cash       0   1,250   0   Cash
36   Tuscany Place   250,000   3,550   0   Cash       0   0   0    
37   Dollar General Portfolio   0   Springing   0           0   0   0    
37.01   Dollar General - Decatur                                    
37.02   Dollar General - Bluff City                                    
37.03   Dollar General - Bean Station                                    
37.04   Dollar General - Enterprise                                    
37.05   Dollar General - Philadelphia                                    
37.06   Dollar General - Kingston                                    
37.07   Dollar General - Oliver Springs                                    
38   Collister Shopping Center   0   1,646   59,256   Cash       0   4,545   163,620   Cash
39   Homewood Suites Houston Intercontinental   0   8,573   0   Cash       0   0   0    
40   Hampton Inn - Auburn Hills   0   8,888   0   Cash       0   0   0    
41   Walgreens Puerto Rico   0   0   0           0   0   0    
42   Sun and Sand Myrtle Beach   0   0   0           0   0   0    
43   Security Public Storage - Vacaville   0   Springing   0           0   0   0    
44   Courtyard Memphis East Lenox   0   9,733   0   Cash       0   0   0    
45   HIE Natchez   0   8,384   0   Cash       0   0   0    
46   1255 Broad Street Medical Center   0   907   0   Cash       0   3,023   110,000   Cash
47   Golden Gardens Apartments   0   2,292   0   Cash       0   0   0    
48   Hampton Inn & Suites - Clute   0   8,335   0   Cash       0   0   0    
49   SAAM Properties Apartments   0   2,250   0   Cash       0   0   0    
50   Moulton Plaza   0   585   0   Cash       0   1,284   0   Cash
51   Tivoli Apartments   70,000   2,200   0   Cash       0   0   0    
52   Bishop Retail   0   1,318   0   Cash       400,000   4,394   0   Cash
53   67 Holly Hills   51,370   350   0   Cash       80,477   2,236; Springing   80,477   Cash
54   EZ Self Storage Chippewa   0   625   35,000   Cash       0   0   0    
55   Premier Self Storage   0   613   0   Cash       0   0   0    
56   219 West 19th Street   0   510   0   Cash       0   0   0    
57   La Quinta - Sebring   0   5,280   0   Cash       0   0   0    
58   Kohl’s   0   0   0           0   0   0    
59   Comfort Suites - Firestone   0   7,419   0   Cash       0   0   0    
60   Castleton Shoppes   0   391   0   Cash       75,000   2,608   100,000   Cash
61   Hampton Inn Tampa East Seffner   0   6,811   0   Cash       0   0   0    
62   Westchester Gardens Owners, Inc.   0   0   0           0   0   0    
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   0   5,610   0   Cash       0   0   0    
64   Walgreens - Idaho Falls   0   Springing   0           0   Springing   0    
65   Pelican Village   0   540   0   Cash       0   5,000   50,000   Cash
66   Southwood Office   0   271   6,500   Cash       0   Springing   0    
67   Hudson Mews Apartment Corp.   0   0   0           0   0   0    
68   La Quinta - Elkton   0   5,241   0   Cash       0   0   0    
69   Security Public Storage - Roseville   0   Springing   0           0   0   0    
70   Gwinnett Point   0   391   0   Cash       100,000   1,927   100,000   Cash
71   Holiday Inn Express  - Dayton   0   4,720   0   Cash       0   0   0    
72   North Bay Self Storage   0   Springing   0           0   0   0    
73   Patricia Gardens Owners, Inc.   0   0   0           0   0   0    
74   A Space Center Self Storage   0   334   0   Cash       0   0   0    
75   Orange Grove MHP   0   481   0   Cash       0   0   0    
76   3880 Lake Arrowhead Avenue   0   Springing   0           0   1,392   40,000   Cash
77   Wingate by Wyndham Houston Intercontinental   0   4,625   0   Cash       0   0   0    
78   Caledonia MHP   0   404   0   Cash       0   0   0    
79   44 Church Lane   0   88   0   Cash       30,750   180; Springing   30,750   Cash
80   137-05 Franklin Avenue Owners, Inc.   0   0   0           0   0   0    
81   La Quinta Inn Acworth   0   3,318   0   Cash       0   0   0    
82   Palisade Gardens Apartments Corp.   0   0   0           0   0   0    
83   Storage Station - Wayne   0   380   0   Cash       0   0   0    
84   Barbizon Building   0   819   0   Cash       50,000   1,774   75,000   Cash
85   Security Public Storage - Sacramento II   0   Springing   0           0   0   0    
86   215 Equities Corp.   0   0   0           0   0   0    
87   Stoneman Plaza - Railroad Center   0   243   0   Cash       0   1,179   45,000   Cash
88   Grand Loft Corp.   0   0   0           0   0   0    
89   Perrysburg Estates   0   554   0   Cash       0   0   0    
90   Middletown Self Storage   0   304   0   Cash       0   0   0    
91   Country Meadows   0   492   0   Cash       0   0   0    
92   Chapel Center   0   242   0   Cash       50,000   1,212   125,000   Cash
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   0   0   0           0   0   0    
94   Voorheesville Self Storage   0   337   0   Cash       0   0   0    
95   Fillmore Gardens Co-operative, Inc.   0   0   0           0   0   0    
96   Dollar General - Lebanon   0   0   0           0   0   0    
97   Dollar General - Effingham   0   0   0           0   0   0    
98   Dollar General - Floresville   0   0   0           0   0   0    
99   Dollar General - Kerrville   0   0   0           0   0   0    
100   Dollar General - Warren   0   0   0           0   0   0    

 

A-1-11
 

 

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

  

Mortgage Loan
Number
  Property Name   TI/LC Escrow - LoC Counterparty   Debt Service Escrow (Initial) ($)   Debt Service Escrow (Monthly) ($)   Debt Service Escrow - Cash or LoC   Debt Service Escrow - LoC Counterparty   Other Escrow I Reserve Description(7)
1   40 Wall Street       0   0           Ground Rent Reserve
2   The Meadows       0   0           Free Rent Reserve
3   Somerset Park Apartments       0   0            
4   Townline Square       0   0           Jersey Mike’s Reserve
5   Sandpiper Apartments       0   0            
6   West Palm Beach Marriott       0   0            
7   Shoppes at Wilton       0   0            
8   San Diego Park N’ Fly       0   0           Lease Termination Funds
9   Hickory Hills East       0   0           Renovation Reserve Funds
10   The Jewelers Mall       0   0            
11   Schulman Crossing Power Center       0   0           Tenant Specific TILC Reserve
12   Birchwood Glen Owners Corp.       0   0            
13   El Sol Del Rio Apartments       0   0            
14   Millburn Mall       0   0            
15   Home Depot Tacoma       0   0            
16   Jellystone Park       0   0           New Cabin Reserve
17   Clearwater Collection       0   0           LA Fitness Funds (502,853.5); 21st Century Rollover Funds (180,570)
18   Memorial Regional Medical Office       0   0           Tenant Specific TILC Reserve
19   Hyatt Lisle       0   0           Seasonality Reserve
20   Orchard Grove MHC       0   0            
21   Homewood Suites Austin       0   0           PIP Reserve
22   The Moors at Countryview       0   0            
23   Tiberon Trails       0   0           BI Insurance Reserve
24   Hollywood Student Housing       52,558   0   Cash        
25   Cushendall Commons       0   0            
26   Montevallo Place Apartments       0   0           Pending Litigation Funds
27   Best Western Seven Seas       0   0           PIP Reserve
28   Twain Estates       0   0           Condominium Common Charges: (Monthly: 1/12 of the condominium common charges)
29   Marquis Crest Apartments       0   0            
30   Maple Square- Phase I       0   0            
31   Best Western International Drive - Orlando       0   0           Property Improvement Plan (PIP) Reserve
32   Alderwood Retail       0   0            
33   Forrest Oaks       0   0           Novant Outstanding Tenant Improvement Funds
34   101-107 Post Road East & 28 Church Lane       0   0            
35   Starbucks Center       0   0           Verizon TI/LC Reserve
36   Tuscany Place       0   0           Prepaid Rent Funds
37   Dollar General Portfolio       0   0            
37.01   Dollar General - Decatur                        
37.02   Dollar General - Bluff City                        
37.03   Dollar General - Bean Station                        
37.04   Dollar General - Enterprise                        
37.05   Dollar General - Philadelphia                        
37.06   Dollar General - Kingston                        
37.07   Dollar General - Oliver Springs                        
38   Collister Shopping Center       0   0           20th Century Lanes Reserve
39   Homewood Suites Houston Intercontinental       0   0           Contemplated Building Expansion Funds
40   Hampton Inn - Auburn Hills       0   0            
41   Walgreens Puerto Rico       0   0            
42   Sun and Sand Myrtle Beach       0   0           Seasonality Reserve
43   Security Public Storage - Vacaville       0   0            
44   Courtyard Memphis East Lenox       0   0           Property Improvement Funds
45   HIE Natchez       0   0           PIP Reserve Funds
46   1255 Broad Street Medical Center       0   0           HMB Rent Reserve Funds
47   Golden Gardens Apartments       0   0            
48   Hampton Inn & Suites - Clute       0   0           Seasonality Reserve
49   SAAM Properties Apartments       0   0            
50   Moulton Plaza       0   0            
51   Tivoli Apartments       0   0            
52   Bishop Retail       0   0            
53   67 Holly Hills       0   0           Peak Physique
54   EZ Self Storage Chippewa       0   0            
55   Premier Self Storage       0   0           Project Reserve Funds
56   219 West 19th Street       0   0           Common Charges Reserve
57   La Quinta - Sebring       0   0           Seasonality Fund
58   Kohl’s       0   0            
59   Comfort Suites - Firestone       0   0           PIP Reserve Funds
60   Castleton Shoppes       0   0            
61   Hampton Inn Tampa East Seffner       0   0           Seasonality Fund
62   Westchester Gardens Owners, Inc.       0   0            
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest       0   0           Formula Blue Reserve Funds
64   Walgreens - Idaho Falls       0   0            
65   Pelican Village       0   0            
66   Southwood Office       0   0           BSM Reserve
67   Hudson Mews Apartment Corp.       0   0            
68   La Quinta - Elkton       0   0           Seasonality Fund
69   Security Public Storage - Roseville       0   0            
70   Gwinnett Point       0   0            
71   Holiday Inn Express  - Dayton       0   0           PIP Reserve (Upfront: $125,000)
72   North Bay Self Storage       0   0            
73   Patricia Gardens Owners, Inc.       0   0            
74   A Space Center Self Storage       0   0            
75   Orange Grove MHP       0   0            
76   3880 Lake Arrowhead Avenue       0   0            
77   Wingate by Wyndham Houston Intercontinental       0   0           Contemplated Building Expansion Funds
78   Caledonia MHP       0   0            
79   44 Church Lane       0   0            
80   137-05 Franklin Avenue Owners, Inc.       0   0            
81   La Quinta Inn Acworth       0   0            
82   Palisade Gardens Apartments Corp.       0   0            
83   Storage Station - Wayne       0   0            
84   Barbizon Building       0   0            
85   Security Public Storage - Sacramento II       0   0            
86   215 Equities Corp.       0   0            
87   Stoneman Plaza - Railroad Center       0   0           Pacific Star TILC Reserve
88   Grand Loft Corp.       0   0            
89   Perrysburg Estates       0   0           Borrower Owned Home Funds
90   Middletown Self Storage       0   0            
91   Country Meadows       0   0            
92   Chapel Center       0   0            
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation       0   0            
94   Voorheesville Self Storage       0   0            
95   Fillmore Gardens Co-operative, Inc.       0   0           Collateral Security Agreement for Maintenance Arrears
96   Dollar General - Lebanon       0   0            
97   Dollar General - Effingham       0   0            
98   Dollar General - Floresville       0   0            
99   Dollar General - Kerrville       0   0            
100   Dollar General - Warren       0   0            

 

A-1-12
 

 

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

  

Mortgage Loan
Number
  Property Name   Other Escrow I (Initial) ($)   Other Escrow I (Monthly) ($)(12)   Other Escrow I Cap ($)   Other Escrow I Escrow - Cash or LoC
1   40 Wall Street   0   Springing   0    
2   The Meadows   2,656,030   0   0   Cash
3   Somerset Park Apartments   0   0   0    
4   Townline Square   31,400   0   0   Cash
5   Sandpiper Apartments   0   0   0    
6   West Palm Beach Marriott   0   0   0    
7   Shoppes at Wilton   0   0   0    
8   San Diego Park N’ Fly   750,000   0   0   Cash
9   Hickory Hills East   500,000   0   0   Cash
10   The Jewelers Mall   0   0   0    
11   Schulman Crossing Power Center   766,146   0   0   Cash
12   Birchwood Glen Owners Corp.   0   0   0    
13   El Sol Del Rio Apartments   0   0   0    
14   Millburn Mall   0   0   0    
15   Home Depot Tacoma   0   0   0    
16   Jellystone Park   1,000,000   On each Payment Date occurring during the months of February through August of each year of the term of the Loan, Borrower shall deposit an amount determined by the lender based on the prior 12 months of operations.   0   Cash
17   Clearwater Collection   683,423   0   0   Cash
18   Memorial Regional Medical Office   1,231,663   0   0   Cash
19   Hyatt Lisle   170,000   0   0   Cash
20   Orchard Grove MHC   0   0   0    
21   Homewood Suites Austin   3,000,000   0   0   Cash
22   The Moors at Countryview   0   0   0    
23   Tiberon Trails   70,000   0   0   Cash
24   Hollywood Student Housing   0   0   0    
25   Cushendall Commons   0   0   0    
26   Montevallo Place Apartments   137,637   0   0   Cash
27   Best Western Seven Seas   1,444,000   Springing   0   Cash
28   Twain Estates   0   0   0    
29   Marquis Crest Apartments   0   0   0    
30   Maple Square- Phase I   0   0   0    
31   Best Western International Drive - Orlando   654,349   0   0   Cash
32   Alderwood Retail   0   0   0    
33   Forrest Oaks   20,000   0   0   Cash
34   101-107 Post Road East & 28 Church Lane   0   0   0    
35   Starbucks Center   81,500   0   0   Cash
36   Tuscany Place   0   Springing   0    
37   Dollar General Portfolio   0   0   0    
37.01   Dollar General - Decatur                
37.02   Dollar General - Bluff City                
37.03   Dollar General - Bean Station                
37.04   Dollar General - Enterprise                
37.05   Dollar General - Philadelphia                
37.06   Dollar General - Kingston                
37.07   Dollar General - Oliver Springs                
38   Collister Shopping Center   150,000   Springing   0   Cash
39   Homewood Suites Houston Intercontinental   0   Springing   0    
40   Hampton Inn - Auburn Hills   0   0   0    
41   Walgreens Puerto Rico   0   0   0    
42   Sun and Sand Myrtle Beach   328,000   0   0   Cash
43   Security Public Storage - Vacaville   0   0   0    
44   Courtyard Memphis East Lenox   530,000   0   0   Cash
45   HIE Natchez   0   3,000   0   Cash
46   1255 Broad Street Medical Center   160,000   0   0   Cash
47   Golden Gardens Apartments   0   0   0    
48   Hampton Inn & Suites - Clute   30,000   Amount equal to lesser of 25% of $30,000 and available cash flow   30,000   Cash
49   SAAM Properties Apartments   0   0   0    
50   Moulton Plaza   0   0   0    
51   Tivoli Apartments   0   0   0    
52   Bishop Retail   0   0   0    
53   67 Holly Hills   208,281   0   0   Cash
54   EZ Self Storage Chippewa   0   0   0    
55   Premier Self Storage   550,000   0   0   Cash
56   219 West 19th Street   22,950   7,650   0   Cash
57   La Quinta - Sebring   125,000   Springing   125,000   Cash
58   Kohl’s   0   0   0    
59   Comfort Suites - Firestone   440,758   0   0   Cash
60   Castleton Shoppes   0   0   0    
61   Hampton Inn Tampa East Seffner   55,000   Springing   55,000   Cash
62   Westchester Gardens Owners, Inc.   0   0   0    
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   700,000   0   0   Cash
64   Walgreens - Idaho Falls   0   0   0    
65   Pelican Village   0   0   0    
66   Southwood Office   0   Springing   0    
67   Hudson Mews Apartment Corp.   0   0   0    
68   La Quinta - Elkton   65,000   On each Payment Date occurring during the months of April through August and October and November of each year of the term of the Loan, Borrower shall deposit $9,285.71.   65,000   Cash
69   Security Public Storage - Roseville   0   0   0    
70   Gwinnett Point   0   0   0    
71   Holiday Inn Express  - Dayton   125,000   0   0   Cash
72   North Bay Self Storage   0   0   0    
73   Patricia Gardens Owners, Inc.   0   0   0    
74   A Space Center Self Storage   0   0   0    
75   Orange Grove MHP   0   0   0    
76   3880 Lake Arrowhead Avenue   0   0   0    
77   Wingate by Wyndham Houston Intercontinental   0   Springing   0    
78   Caledonia MHP   0   0   0    
79   44 Church Lane   0   0   0    
80   137-05 Franklin Avenue Owners, Inc.   0   0   0    
81   La Quinta Inn Acworth   0   0   0    
82   Palisade Gardens Apartments Corp.   0   0   0    
83   Storage Station - Wayne   0   0   0    
84   Barbizon Building   0   0   0    
85   Security Public Storage - Sacramento II   0   0   0    
86   215 Equities Corp.   0   0   0    
87   Stoneman Plaza - Railroad Center   7,404   0   0   Cash
88   Grand Loft Corp.   0   0   0    
89   Perrysburg Estates   100,000   0   0   Cash
90   Middletown Self Storage   0   0   0    
91   Country Meadows   0   0   0    
92   Chapel Center   0   0   0    
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   0   0   0    
94   Voorheesville Self Storage   0   0   0    
95   Fillmore Gardens Co-operative, Inc.   160,000   0   0   Cash
96   Dollar General - Lebanon   0   0   0    
97   Dollar General - Effingham   0   0   0    
98   Dollar General - Floresville   0   0   0    
99   Dollar General - Kerrville   0   0   0    
100   Dollar General - Warren   0   0   0    

 

A-1-13
 

 

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

  

Mortgage Loan
Number
  Property Name   Other  Escrow I - LoC Counterparty   Other Escrow II Reserve Description   Other Escrow II (Initial) ($)   Other Escrow II (Monthly) ($)
1   40 Wall Street           0   0
2   The Meadows           0   0
3   Somerset Park Apartments           0   0
4   Townline Square       Michael’s Reserve   24,328   0
5   Sandpiper Apartments           0   0
6   West Palm Beach Marriott           0   0
7   Shoppes at Wilton           0   0
8   San Diego Park N’ Fly           0   0
9   Hickory Hills East           0   0
10   The Jewelers Mall           0   0
11   Schulman Crossing Power Center       Rent Concession Reserve   150,479   0
12   Birchwood Glen Owners Corp.           0   0
13   El Sol Del Rio Apartments           0   0
14   Millburn Mall           0   0
15   Home Depot Tacoma           0   0
16   Jellystone Park       Seasonality Reserve   241,795   0
17   Clearwater Collection           0   0
18   Memorial Regional Medical Office           0   0
19   Hyatt Lisle           0   0
20   Orchard Grove MHC           0   0
21   Homewood Suites Austin           0   0
22   The Moors at Countryview           0   0
23   Tiberon Trails           0   0
24   Hollywood Student Housing           0   0
25   Cushendall Commons           0   0
26   Montevallo Place Apartments           0   0
27   Best Western Seven Seas           0   0
28   Twain Estates           0   0
29   Marquis Crest Apartments           0   0
30   Maple Square- Phase I           0   0
31   Best Western International Drive - Orlando       Franchise Membership Reserve Funds   5,240   An amount equal to 1/12 of 125% of the last applicable annual membership fee required to be paid by Borrower under the Franchise Agreement.
32   Alderwood Retail           0   0
33   Forrest Oaks           0   0
34   101-107 Post Road East & 28 Church Lane           0   0
35   Starbucks Center       Verizon Rent Holdback   62,000   0
36   Tuscany Place       Rent Reserve Funds   300,000   The lesser of (i) excess cash flow available after payment of the Monthly Debt Service Payment Amount and monthly deposits into the other Reserve Funds and (ii) the amount required to maintain the Rent Reserve Account Minimum Balance.
37   Dollar General Portfolio           0   0
37.01   Dollar General - Decatur                
37.02   Dollar General - Bluff City                
37.03   Dollar General - Bean Station                
37.04   Dollar General - Enterprise                
37.05   Dollar General - Philadelphia                
37.06   Dollar General - Kingston                
37.07   Dollar General - Oliver Springs                
38   Collister Shopping Center       Roof Replacement Reserve   100,000   0
39   Homewood Suites Houston Intercontinental           0   0
40   Hampton Inn - Auburn Hills           0   0
41   Walgreens Puerto Rico           0   0
42   Sun and Sand Myrtle Beach       POA Dues Reserve   70,000   0
43   Security Public Storage - Vacaville           0   0
44   Courtyard Memphis East Lenox           0   0
45   HIE Natchez           0   0
46   1255 Broad Street Medical Center           0   0
47   Golden Gardens Apartments           0   0
48   Hampton Inn & Suites - Clute       PIP Reserve   0   Springing
49   SAAM Properties Apartments           0   0
50   Moulton Plaza           0   0
51   Tivoli Apartments           0   0
52   Bishop Retail           0   0
53   67 Holly Hills       Free Rent Reserve   104,978   0
54   EZ Self Storage Chippewa           0   0
55   Premier Self Storage           0   0
56   219 West 19th Street           0   0
57   La Quinta - Sebring       PIP Reserve Funds   0   Springing
58   Kohl’s           0   0
59   Comfort Suites - Firestone       Seasonality Funds   75,000   Springing
60   Castleton Shoppes           0   0
61   Hampton Inn Tampa East Seffner           0   0
62   Westchester Gardens Owners, Inc.           0   0
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest           0   0
64   Walgreens - Idaho Falls           0   0
65   Pelican Village           0   0
66   Southwood Office       PDL Reserve   0   Springing
67   Hudson Mews Apartment Corp.           0   0
68   La Quinta - Elkton       PIP Reserve Funds   350,000   0
69   Security Public Storage - Roseville           0   0
70   Gwinnett Point           0   0
71   Holiday Inn Express  - Dayton       Seasonality Reserve   26,000   0
72   North Bay Self Storage           0   0
73   Patricia Gardens Owners, Inc.           0   0
74   A Space Center Self Storage           0   0
75   Orange Grove MHP           0   0
76   3880 Lake Arrowhead Avenue           0   0
77   Wingate by Wyndham Houston Intercontinental           0   0
78   Caledonia MHP           0   0
79   44 Church Lane           0   0
80   137-05 Franklin Avenue Owners, Inc.           0   0
81   La Quinta Inn Acworth           0   0
82   Palisade Gardens Apartments Corp.           0   0
83   Storage Station - Wayne           0   0
84   Barbizon Building           0   0
85   Security Public Storage - Sacramento II           0   0
86   215 Equities Corp.           0   0
87   Stoneman Plaza - Railroad Center           0   0
88   Grand Loft Corp.           0   0
89   Perrysburg Estates       Borrower Owned Homes Sales Proceeds Fund   0   Springing
90   Middletown Self Storage           0   0
91   Country Meadows           0   0
92   Chapel Center           0   0
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation           0   0
94   Voorheesville Self Storage           0   0
95   Fillmore Gardens Co-operative, Inc.           0   0
96   Dollar General - Lebanon           0   0
97   Dollar General - Effingham           0   0
98   Dollar General - Floresville           0   0
99   Dollar General - Kerrville           0   0
100   Dollar General - Warren           0   0

 

A-1-14
 

 

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

  

Mortgage Loan
Number
  Property Name   Other Escrow II Cap ($)   Other Escrow II Escrow - Cash or LoC   Other  Escrow II - LoC Counterparty   Holdback   Ownership Interest   Ground Lease Initial Expiration Date   Annual Ground Rent Payment
1   40 Wall Street   0               Leasehold   4/30/2059   $1,650,000
2   The Meadows   0               Fee        
3   Somerset Park Apartments   0               Fee        
4   Townline Square   0   Cash           Fee        
5   Sandpiper Apartments   0               Fee        
6   West Palm Beach Marriott   0               Fee and Leasehold   5/31/2097   $0
7   Shoppes at Wilton   0               Fee        
8   San Diego Park N’ Fly   0               Fee        
9   Hickory Hills East   0               Fee        
10   The Jewelers Mall   0               Fee        
11   Schulman Crossing Power Center   0   Cash           Fee        
12   Birchwood Glen Owners Corp.   0               Fee        
13   El Sol Del Rio Apartments   0               Fee        
14   Millburn Mall   0               Fee        
15   Home Depot Tacoma   0               Fee        
16   Jellystone Park   0   Cash           Fee        
17   Clearwater Collection   0               Fee        
18   Memorial Regional Medical Office   0               Fee        
19   Hyatt Lisle   0               Fee        
20   Orchard Grove MHC   0               Fee        
21   Homewood Suites Austin   0               Fee        
22   The Moors at Countryview   0               Fee        
23   Tiberon Trails   0               Fee        
24   Hollywood Student Housing   0               Fee        
25   Cushendall Commons   0               Fee        
26   Montevallo Place Apartments   0               Fee        
27   Best Western Seven Seas   0               Leasehold   8/31/2048   $622,852
28   Twain Estates   0               Fee        
29   Marquis Crest Apartments   0               Fee        
30   Maple Square- Phase I   0               Fee        
31   Best Western International Drive - Orlando   0   Cash           Fee        
32   Alderwood Retail   0               Fee        
33   Forrest Oaks   0               Fee        
34   101-107 Post Road East & 28 Church Lane   0               Fee        
35   Starbucks Center   0   Cash           Fee        
36   Tuscany Place   300,000   Cash           Fee        
37   Dollar General Portfolio   0               Fee        
37.01   Dollar General - Decatur                   Fee        
37.02   Dollar General - Bluff City                   Fee        
37.03   Dollar General - Bean Station                   Fee        
37.04   Dollar General - Enterprise                   Fee        
37.05   Dollar General - Philadelphia                   Fee        
37.06   Dollar General - Kingston                   Fee        
37.07   Dollar General - Oliver Springs                   Fee        
38   Collister Shopping Center   0   Cash           Fee        
39   Homewood Suites Houston Intercontinental   0               Fee        
40   Hampton Inn - Auburn Hills   0               Fee        
41   Walgreens Puerto Rico   0               Fee        
42   Sun and Sand Myrtle Beach   0   Cash           Fee        
43   Security Public Storage - Vacaville   0               Fee        
44   Courtyard Memphis East Lenox   0               Fee        
45   HIE Natchez   0               Fee        
46   1255 Broad Street Medical Center   0               Fee        
47   Golden Gardens Apartments   0               Fee        
48   Hampton Inn & Suites - Clute   0               Fee        
49   SAAM Properties Apartments   0               Fee        
50   Moulton Plaza   0               Fee        
51   Tivoli Apartments   0               Fee        
52   Bishop Retail   0               Fee        
53   67 Holly Hills   0   Cash           Fee        
54   EZ Self Storage Chippewa   0               Fee        
55   Premier Self Storage   0               Fee        
56   219 West 19th Street   0               Fee        
57   La Quinta - Sebring   0               Fee        
58   Kohl’s   0               Fee        
59   Comfort Suites - Firestone   75,000   Cash           Fee        
60   Castleton Shoppes   0               Fee        
61   Hampton Inn Tampa East Seffner   0               Fee        
62   Westchester Gardens Owners, Inc.   0               Fee        
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   0               Fee        
64   Walgreens - Idaho Falls   0               Fee        
65   Pelican Village   0               Fee        
66   Southwood Office   0               Fee        
67   Hudson Mews Apartment Corp.   0               Fee        
68   La Quinta - Elkton   0   Cash           Fee        
69   Security Public Storage - Roseville   0               Fee        
70   Gwinnett Point   0               Fee        
71   Holiday Inn Express  - Dayton   26,000   Cash           Fee        
72   North Bay Self Storage   0               Fee        
73   Patricia Gardens Owners, Inc.   0               Fee        
74   A Space Center Self Storage   0               Fee        
75   Orange Grove MHP   0               Fee        
76   3880 Lake Arrowhead Avenue   0               Fee        
77   Wingate by Wyndham Houston Intercontinental   0               Fee        
78   Caledonia MHP   0               Fee        
79   44 Church Lane   0               Fee        
80   137-05 Franklin Avenue Owners, Inc.   0               Fee        
81   La Quinta Inn Acworth   0               Fee        
82   Palisade Gardens Apartments Corp.   0               Fee        
83   Storage Station - Wayne   0               Fee        
84   Barbizon Building   0               Fee        
85   Security Public Storage - Sacramento II   0               Fee        
86   215 Equities Corp.   0               Fee        
87   Stoneman Plaza - Railroad Center   0               Fee        
88   Grand Loft Corp.   0               Fee        
89   Perrysburg Estates   0               Fee        
90   Middletown Self Storage   0               Fee        
91   Country Meadows   0               Fee        
92   Chapel Center   0               Fee        
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   0               Fee        
94   Voorheesville Self Storage   0               Fee        
95   Fillmore Gardens Co-operative, Inc.   0               Fee        
96   Dollar General - Lebanon   0               Fee        
97   Dollar General - Effingham   0               Fee        
98   Dollar General - Floresville   0               Fee        
99   Dollar General - Kerrville   0               Fee        
100   Dollar General - Warren   0               Fee        

 

A-1-15
 

 

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

  

Mortgage Loan
Number
  Property Name   Annual Ground Rent Increases(15)   Lockbox   Whole Loan Cut-off Date Balance ($)   Whole Loan Debt Service ($)
1   40 Wall Street   See Footnote 15   Hard/Upfront Cash Management        
2   The Meadows       Hard/Upfront Cash Management        
3   Somerset Park Apartments       Springing (Without Established Account)        
4   Townline Square       Hard/Upfront Cash Management        
5   Sandpiper Apartments       Springing (Without Established Account)        
6   West Palm Beach Marriott       None        
7   Shoppes at Wilton       Springing (Without Established Account)        
8   San Diego Park N’ Fly       Springing (Without Established Account)        
9   Hickory Hills East       Springing (Without Established Account)        
10   The Jewelers Mall       Springing (Without Established Account)        
11   Schulman Crossing Power Center       Springing (Without Established Account)        
12   Birchwood Glen Owners Corp.       None   20,000,000   93,934
13   El Sol Del Rio Apartments       Springing (Without Established Account)        
14   Millburn Mall       Springing (Without Established Account)        
15   Home Depot Tacoma       Springing (Without Established Account)        
16   Jellystone Park       Springing (Without Established Account)        
17   Clearwater Collection       Hard/Springing Cash Management        
18   Memorial Regional Medical Office       Springing (Without Established Account)        
19   Hyatt Lisle       Hard/Springing Cash Management        
20   Orchard Grove MHC       Springing (Without Established Account)        
21   Homewood Suites Austin       Springing (Without Established Account)        
22   The Moors at Countryview       Soft/Springing Cash Management        
23   Tiberon Trails       Soft/Upfront Cash Management        
24   Hollywood Student Housing       Soft/Springing Cash Management        
25   Cushendall Commons       Springing (Without Established Account)        
26   Montevallo Place Apartments       Springing (Without Established Account)        
27   Best Western Seven Seas   CPI but not less than 3%; every 10th lease year rent is adjusted to fair market value, but no less than the annual rent increases or 80% of the average percent rent paid in the prior three years.   Springing (Without Established Account)        
28   Twain Estates       Soft/Springing Cash Management        
29   Marquis Crest Apartments       Soft/Upfront Cash Management        
30   Maple Square- Phase I       Springing (Without Established Account)        
31   Best Western International Drive - Orlando       Springing (With Established Account)        
32   Alderwood Retail       Hard/Springing Cash Management        
33   Forrest Oaks       Springing (Without Established Account)        
34   101-107 Post Road East & 28 Church Lane       Hard/Springing Cash Management        
35   Starbucks Center       Springing (Without Established Account)        
36   Tuscany Place       Springing (Without Established Account)        
37   Dollar General Portfolio       Hard/Springing Cash Management        
37.01   Dollar General - Decatur                
37.02   Dollar General - Bluff City                
37.03   Dollar General - Bean Station                
37.04   Dollar General - Enterprise                
37.05   Dollar General - Philadelphia                
37.06   Dollar General - Kingston                
37.07   Dollar General - Oliver Springs                
38   Collister Shopping Center       Springing (Without Established Account)        
39   Homewood Suites Houston Intercontinental       Springing (Without Established Account)        
40   Hampton Inn - Auburn Hills       Springing (Without Established Account)        
41   Walgreens Puerto Rico       Hard/Upfront Cash Management        
42   Sun and Sand Myrtle Beach       Hard/Springing Cash Management        
43   Security Public Storage - Vacaville       None        
44   Courtyard Memphis East Lenox       Hard/Springing Cash Management        
45   HIE Natchez       Hard/Springing Cash Management        
46   1255 Broad Street Medical Center       Springing (Without Established Account)        
47   Golden Gardens Apartments       Springing (Without Established Account)        
48   Hampton Inn & Suites - Clute       Springing (Without Established Account)        
49   SAAM Properties Apartments       Soft/Springing Cash Management        
50   Moulton Plaza       None        
51   Tivoli Apartments       Springing (Without Established Account)        
52   Bishop Retail       Springing (Without Established Account)        
53   67 Holly Hills       Hard/Springing Cash Management        
54   EZ Self Storage Chippewa       None        
55   Premier Self Storage       Springing (Without Established Account)        
56   219 West 19th Street       Hard/Upfront Cash Management        
57   La Quinta - Sebring       Hard/Springing Cash Management        
58   Kohl’s       Hard/Upfront Cash Management        
59   Comfort Suites - Firestone       Hard/Springing Cash Management        
60   Castleton Shoppes       Hard/Springing Cash Management        
61   Hampton Inn Tampa East Seffner       Hard/Springing Cash Management        
62   Westchester Gardens Owners, Inc.       None        
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest       Springing (Without Established Account)        
64   Walgreens - Idaho Falls       Springing (Without Established Account)        
65   Pelican Village       None        
66   Southwood Office       Springing (Without Established Account)        
67   Hudson Mews Apartment Corp.       None   4,350,000   14,742
68   La Quinta - Elkton       Hard/Upfront Cash Management        
69   Security Public Storage - Roseville       None        
70   Gwinnett Point       Springing (Without Established Account)        
71   Holiday Inn Express  - Dayton       Hard/Springing Cash Management        
72   North Bay Self Storage       None        
73   Patricia Gardens Owners, Inc.       None        
74   A Space Center Self Storage       Springing (Without Established Account)        
75   Orange Grove MHP       None        
76   3880 Lake Arrowhead Avenue       None        
77   Wingate by Wyndham Houston Intercontinental       Springing (Without Established Account)        
78   Caledonia MHP       Springing (Without Established Account)        
79   44 Church Lane       Hard/Springing Cash Management        
80   137-05 Franklin Avenue Owners, Inc.       None   2,700,000   10,898
81   La Quinta Inn Acworth       Springing (Without Established Account)        
82   Palisade Gardens Apartments Corp.       None   2,446,961   11,212
83   Storage Station - Wayne       None        
84   Barbizon Building       None        
85   Security Public Storage - Sacramento II       None        
86   215 Equities Corp.       None   2,497,312   11,263
87   Stoneman Plaza - Railroad Center       Springing (Without Established Account)        
88   Grand Loft Corp.       None   2,740,912   14,113
89   Perrysburg Estates       Springing (Without Established Account)        
90   Middletown Self Storage       Springing (Without Established Account)        
91   Country Meadows       None        
92   Chapel Center       Springing (Without Established Account)        
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation       None   1,748,048   8,184
94   Voorheesville Self Storage       Springing (Without Established Account)        
95   Fillmore Gardens Co-operative, Inc.       None   1,498,710   6,627
96   Dollar General - Lebanon       Hard/Upfront Cash Management        
97   Dollar General - Effingham       Hard/Upfront Cash Management        
98   Dollar General - Floresville       Hard/Upfront Cash Management        
99   Dollar General - Kerrville       Hard/Upfront Cash Management        
100   Dollar General - Warren       Hard/Upfront Cash Management        

 

A-1-16
 

 

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

  

Mortgage Loan
Number
  Property Name   Subordinate Secured Debt Original Balance ($)   Subordinate Secured Debt Cut-off Date Balance ($)   Whole Loan U/W NOI DSCR (x)   Whole Loan U/W NCF DSCR (x)   Whole Loan Cut-off Date LTV Ratio   Whole Loan Cut-off Date U/W NOI Debt Yield   Whole Loan Cut-off Date U/W NCF Debt Yield   Mezzanine Debt Cut-off Date Balance($)
1   40 Wall Street                                
2   The Meadows                               12,000,000
3   Somerset Park Apartments                                
4   Townline Square                                
5   Sandpiper Apartments                                
6   West Palm Beach Marriott                                
7   Shoppes at Wilton                                
8   San Diego Park N’ Fly                                
9   Hickory Hills East                                
10   The Jewelers Mall                                
11   Schulman Crossing Power Center                                
12   Birchwood Glen Owners Corp.   1,000,000   0   4.73   4.73   32.0%   26.6%   26.6%    
13   El Sol Del Rio Apartments                                
14   Millburn Mall                                
15   Home Depot Tacoma                                
16   Jellystone Park                                
17   Clearwater Collection                                
18   Memorial Regional Medical Office                                
19   Hyatt Lisle                               1,248,805
20   Orchard Grove MHC                                
21   Homewood Suites Austin                                
22   The Moors at Countryview                                
23   Tiberon Trails                                
24   Hollywood Student Housing                                
25   Cushendall Commons                                
26   Montevallo Place Apartments                                
27   Best Western Seven Seas                                
28   Twain Estates                                
29   Marquis Crest Apartments                                
30   Maple Square- Phase I                                
31   Best Western International Drive - Orlando                                
32   Alderwood Retail                                
33   Forrest Oaks                                
34   101-107 Post Road East & 28 Church Lane                                
35   Starbucks Center                                
36   Tuscany Place                                
37   Dollar General Portfolio                                
37.01   Dollar General - Decatur                                
37.02   Dollar General - Bluff City                                
37.03   Dollar General - Bean Station                                
37.04   Dollar General - Enterprise                                
37.05   Dollar General - Philadelphia                                
37.06   Dollar General - Kingston                                
37.07   Dollar General - Oliver Springs                                
38   Collister Shopping Center                                
39   Homewood Suites Houston Intercontinental                                
40   Hampton Inn - Auburn Hills                                
41   Walgreens Puerto Rico                                
42   Sun and Sand Myrtle Beach                                
43   Security Public Storage - Vacaville                                
44   Courtyard Memphis East Lenox                                
45   HIE Natchez                                
46   1255 Broad Street Medical Center                                
47   Golden Gardens Apartments                                
48   Hampton Inn & Suites - Clute                                
49   SAAM Properties Apartments                                
50   Moulton Plaza                                
51   Tivoli Apartments                                
52   Bishop Retail                                
53   67 Holly Hills                                
54   EZ Self Storage Chippewa                                
55   Premier Self Storage                                
56   219 West 19th Street                                
57   La Quinta - Sebring                                
58   Kohl’s                                
59   Comfort Suites - Firestone                                
60   Castleton Shoppes                                
61   Hampton Inn Tampa East Seffner                                
62   Westchester Gardens Owners, Inc.                                
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest                                
64   Walgreens - Idaho Falls                                
65   Pelican Village                                
66   Southwood Office                                
67   Hudson Mews Apartment Corp.   750,000   0   11.23   11.23   4.7%   45.7%   45.7%    
68   La Quinta - Elkton                                
69   Security Public Storage - Roseville                                
70   Gwinnett Point                                
71   Holiday Inn Express  - Dayton                                
72   North Bay Self Storage                                
73   Patricia Gardens Owners, Inc.                                
74   A Space Center Self Storage                                
75   Orange Grove MHP                                
76   3880 Lake Arrowhead Avenue                                
77   Wingate by Wyndham Houston Intercontinental                                
78   Caledonia MHP                                
79   44 Church Lane                                
80   137-05 Franklin Avenue Owners, Inc.   500,000   0   9.73   9.73   11.0%   47.1%   47.1%    
81   La Quinta Inn Acworth                                
82   Palisade Gardens Apartments Corp.   250,000   0   4.78   4.78   23.9%   26.3%   26.3%    
83   Storage Station - Wayne                                
84   Barbizon Building                                
85   Security Public Storage - Sacramento II                                
86   215 Equities Corp.   500,000   0   34.62   34.62   1.5%   187.4%   187.4%    
87   Stoneman Plaza - Railroad Center                                
88   Grand Loft Corp.   1,000,000   0   33.94   33.94   2.0%   209.7%   209.7%    
89   Perrysburg Estates                                
90   Middletown Self Storage                                
91   Country Meadows                                
92   Chapel Center                                
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation   250,000   0   8.42   8.42   20.7%   47.3%   47.3%    
94   Voorheesville Self Storage                                
95   Fillmore Gardens Co-operative, Inc.   500,000   0   54.48   54.48   2.5%   289.1%   289.1%    
96   Dollar General - Lebanon                                
97   Dollar General - Effingham                                
98   Dollar General - Floresville                                
99   Dollar General - Kerrville                                
100   Dollar General - Warren                                

 

A-1-17
 

 

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

  

Mortgage
Loan Number
  Property Name   Sponsor   Affiliated Sponsors   Mortgage Loan Number
1   40 Wall Street   Donald J. Trump       1
2   The Meadows   Yisroel Gluck       2
3   Somerset Park Apartments   Marc S. Solomon; Mark S. Rosen       3
4   Townline Square   Chaim T. Nash       4
5   Sandpiper Apartments   Malik Zaman       5
6   West Palm Beach Marriott   Terrapin Limited Holdings, LLC       6
7   Shoppes at Wilton   E. Stanley Kroenke       7
8   San Diego Park N’ Fly   L&R Investment Company       8
9   Hickory Hills East   Barrett Penan       9
10   The Jewelers Mall   Iraj Arasheben; Mozaffar Afshar; Michael Shabtai       10
11   Schulman Crossing Power Center   John Collett; Michael E. Robbe; Michael D. Smith; Tyler C. Covington       11
12   Birchwood Glen Owners Corp.           12
13   El Sol Del Rio Apartments   Ajay Gupta       13
14   Millburn Mall   David Lichtenstein       14
15   Home Depot Tacoma   Inland Private Capital Corporation       15
16   Jellystone Park   Ronald D. Bowyer       16
17   Clearwater Collection   Gary J. Dragul       17
18   Memorial Regional Medical Office   J. Ryan Lingerfelt       18
19   Hyatt Lisle   Ketu Amin       19
20   Orchard Grove MHC   Ross H. Partrich       20
21   Homewood Suites Austin   Brett C. Moody       21
22   The Moors at Countryview   P. Ronald Sabatino       22
23   Tiberon Trails   Nadeya Khalil; Sharon Polonia       23
24   Hollywood Student Housing   Live + Learn Properties Fund I, LLC       24
25   Cushendall Commons   Matthew A. Sharp; J. David Kelsey       25
26   Montevallo Place Apartments   Yshia David Willner; Moshe Y. Wagner       26
27   Best Western Seven Seas   Eric D. Horodas; Peter G. Trethewey   Group 1   27
28   Twain Estates   Roger Prochazka; Shirley Prochazka       28
29   Marquis Crest Apartments   Gad Applebaum       29
30   Maple Square- Phase I   David M. Conwill; Steven B. Kimmelman; Keith Ritz; The Jerome Kimmelman Gift Trust; The Sanford L. Ritz Gift Trust       30
31   Best Western International Drive - Orlando   Alex Fridzon; Daniel Berman; Arie Fridzon       31
32   Alderwood Retail   The Alan C. Fox Revocable Trust; Alan C. Fox       32
33   Forrest Oaks   Mark M. Salomon       33
34   101-107 Post Road East & 28 Church Lane   David A. Waldman   Group 5   34
35   Starbucks Center   Barry J. Belmont; Beth Azor       35
36   Tuscany Place   Patrick Nelson; Brian Nelson       36
37   Dollar General Portfolio   John E. Butler; De Kalb University Development Corporation       37
37.01   Dollar General - Decatur           37.01
37.02   Dollar General - Bluff City           37.02
37.03   Dollar General - Bean Station           37.03
37.04   Dollar General - Enterprise           37.04
37.05   Dollar General - Philadelphia           37.05
37.06   Dollar General - Kingston           37.06
37.07   Dollar General - Oliver Springs           37.07
38   Collister Shopping Center   Stephen B. Jaeger       38
39   Homewood Suites Houston Intercontinental   Manish H. Parekh   Group 4   39
40   Hampton Inn - Auburn Hills   Basil Bacall; Mike Bacall       40
41   Walgreens Puerto Rico   Ladder Capital Finance LLC   Group 2   41
42   Sun and Sand Myrtle Beach   Suresh Anandani       42
43   Security Public Storage - Vacaville   Benjamin D. Eisler; Shirley E. Eisler; Allen Orwitz; Lea Orwitz; Eisler Revocable Trust; Allen Orwitz and Lea Orwitz Revocable Trusts; BACO Realty Corporation   Group 1   43
44   Courtyard Memphis East Lenox   Dipesh Patel       44
45   HIE Natchez   Sunny S. Desai; Sunil Desai; Narendra Patel       45
46   1255 Broad Street Medical Center   Ephraim Hasenfeld       46
47   Golden Gardens Apartments   Amit Haller aka Amit Heller       47
48   Hampton Inn & Suites - Clute   Sanmukh Parsotam; Jiten Parshottam; Satish Patel       48
49   SAAM Properties Apartments   Joseph Allen; H. Harris Pepper, Jr.; Christiaan Volkert       49
50   Moulton Plaza   Robert F. Buie; Robert F. Buie And Pamela I. Buie Family Trust Under Third Restatement Dated October 7, 2014; Jeffry L. Stoddard; Jeff and Kris Stoddard Living Trust dated December 15, 2003       50
51   Tivoli Apartments   Richard W. Foster       51
52   Bishop Retail   Robert Ridino       52
53   67 Holly Hills   Sohrab Sy Aryeh       53
54   EZ Self Storage Chippewa   Stephen M. Nolan       54
55   Premier Self Storage   Robert Moser; Robert Morgan   Group 3   55
56   219 West 19th Street   New York Live Arts, Inc.       56
57   La Quinta - Sebring   Punit Shah   Group 6   57
58   Kohl’s   Ladder Capital Finance LLC   Group 2   58
59   Comfort Suites - Firestone   Ho Chan Kim; Myong Jong Kim       59
60   Castleton Shoppes   George P. Broadbent       60
61   Hampton Inn Tampa East Seffner   Punit Shah   Group 6   61
62   Westchester Gardens Owners, Inc.           62
63   Holiday Inn Express and Suites Acworth Kennesaw - Northwest   Taraben Patel; Alpesh Patel   Group 7   63
64   Walgreens - Idaho Falls   Jeffrey M. Resnick; Alan Resnick       64
65   Pelican Village   Marianna Mitchell; Paul R. Mitchell       65
66   Southwood Office   Gregory S. Skinner; Sara Skinner       66
67   Hudson Mews Apartment Corp.           67
68   La Quinta - Elkton   Chandresh Patel; Vasudev P. Patel; Ramesh G. Patel       68
69   Security Public Storage - Roseville   Benjamin D. Eisler; Shirley E. Eisler; Allen Orwitz; Lea Orwitz; Eisler Revocable Trust; Allen Orwitz and Lea Orwitz Revocable Trusts; BACO Realty Corporation   Group 1   69
70   Gwinnett Point   Gary W. Eplan       70
71   Holiday Inn Express  - Dayton   Dinesh Patel       71
72   North Bay Self Storage   Gary A. Arnstein       72
73   Patricia Gardens Owners, Inc.           73
74   A Space Center Self Storage   Robert Moser; Robert Morgan   Group 3   74
75   Orange Grove MHP   Joseph Corda       75
76   3880 Lake Arrowhead Avenue   Fong Lo       76
77   Wingate by Wyndham Houston Intercontinental   Manish H. Parekh   Group 4   77
78   Caledonia MHP   Jeffrey N. Cohen, Dennis S. Cohen       78
79   44 Church Lane   David A. Waldman   Group 5   79
80   137-05 Franklin Avenue Owners, Inc.           80
81   La Quinta Inn Acworth   Taraben Patel; Alpesh Patel   Group 7   81
82   Palisade Gardens Apartments Corp.           82
83   Storage Station - Wayne   Edmund Moy       83
84   Barbizon Building   Gary Felsher; Charles Grelier, Jr.       84
85   Security Public Storage - Sacramento II   Benjamin D. Eisler; Shirley E. Eisler; Allen Orwitz; Lea Orwitz; Eisler Revocable Trust; Allen Orwitz and Lea Orwitz Revocable Trusts; BACO Realty Corporation   Group 1   85
86   215 Equities Corp.           86
87   Stoneman Plaza - Railroad Center   Mark Maron and Susan Maron individually and as co-trustees of the Maron Living Trust       87
88   Grand Loft Corp.           88
89   Perrysburg Estates   Kamal H. Shouhayib       89
90   Middletown Self Storage   Robert Moser; Robert Morgan   Group 3   90
91   Country Meadows   William Connell; Judith Connell; Austin Baidas       91
92   Chapel Center   Jonathan Gutwein       92
93   100 South Ocean Ave. Realty Corp. A/K/A 100 South Ocean Ave. Realty Corporation           93
94   Voorheesville Self Storage   Robert Moser; Robert Morgan   Group 3   94
95   Fillmore Gardens Co-operative, Inc.           95
96   Dollar General - Lebanon   Ladder Capital Finance LLC   Group 2   96
97   Dollar General - Effingham   Ladder Capital Finance LLC   Group 2   97
98   Dollar General - Floresville   Ladder Capital Finance LLC   Group 2   98
99   Dollar General - Kerrville   Ladder Capital Finance LLC   Group 2   99
100   Dollar General - Warren   Ladder Capital Finance LLC   Group 2   100

 

A-1-18
 

 

    FOOTNOTES TO ANNEX A-1  

 

See “Annex B: Additional Mortgage Loan Information/Definitions” in the Free Writing Prospectus for additional information on all mortgage loans and “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” for additional information on the 15 largest mortgage loans.

   
(1) “LCF” denotes Ladder Capital Finance LLC, “RMF” denotes Rialto Mortgage Finance, LLC, “NCB” denotes National Cooperative Bank, N.A. and “WFB” denotes Wells Fargo Bank, National Association.
   
(2) For mortgage loan #10 (The Jewelers Mall), the Number of Units includes 97,978 square feet of parking garage, 19,194 square feet of office and 10,384 square feet of retail space.  
   
  For mortgage loan #34 (101-107 Post Road East & 28 Church Lane), the Number of Units includes 14,972 square feet of retail space and 2,100 square feet of office space.
   
  For mortgage loan #56 (219 West 19th Street), the Number of Units includes 14,372 square feet of office space and 10,129 square feet of retail space.
   
(3) For mortgage loan #1 (40 Wall Street), the mortgage loan represents the Notes A-1-A and A-2 of four pari passu notes, which have a combined Cut-off Date principal balance of $159,378,480. Notes A-1-B and A-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure figures presented are based on Note A-1-A, Note A-1-B, Note A-2 and Note A-3 in the aggregate (the “40 Wall Street Loan Combination”). Note A-1-A represents the controlling interest in the 40 Wall Street Loan Combination.
   
  For mortgage loan #3 (Somerset Park Apartments), the mortgage loan represents the Notes A-1-2 and A-2-2 of six pari passu companion notes, which have a combined Cut-off Date principal balance of $180,000,000.  Notes A-1-1, A-2-1, A-1-3 and A-2-3 are not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Notes A-1-1, A-2-1, A-1-2, A-2-2, A-1-3 and A-2-3 in the aggregate (“Somerset Park Apartments Loan Combination”).  Notes A-1-2 and A-2-2 are non-controlling interests in the Somerset Park Apartments Loan Combination.
   
(4) For mortgage loan #15 (Home Depot Tacoma), the yield maintenance premium is calculated based on an amount equal to the greater of: (i) 1% of any applicable prepayment; and (ii) the sum of the present values, using a discount rate equal to 50 basis points plus a periodic Treasury yield, of interest payments.
   
  For mortgage loan #32 (Alderwood Retail), the related loan documents provide that if at any time a cash management trigger event is caused by the debt service coverage ratio declining below 1.20x, then so long as no event of default exists, the related borrower may prepay the subject mortgage loan in an amount necessary to cause the debt service coverage ratio to be at least 1.25x (and thereby avoid cash management), such prepayment to be accompanied by a yield maintenance charge.
   
(5) For mortgage loan #3 (Somerset Park Apartments), the Appraised Value represents the value assuming the completion of $14,600,000 of capital improvements as of May 20, 2016. An upfront replacement reserve of $26,500,000 is in place. The appraised value assuming the capital improvements have not been completed is $227,500,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $227,500,000 appraised value are both 79.1%.
   
  For mortgage loan #8 (San Diego Park N' Fly), the Appraised Value represents the value assuming an investment of $1,250,000 for capital improvements and $750,000 for the Park N’ Fly lease termination fee, both of which were reserved up front. The appraised value assuming the capital improvements have not been completed is $27,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $27,000,000 appraised value are 80.6% and 72.8%, respectively.
   
  For mortgage loan #11 (Schulman Crossing Power Center), the Appraised Value represents the value assuming all tenant buildouts, which are expected to be completed by August 2016, have been completed.  The appraised value assuming the tenant buildouts have not been completed is $25,000,000.  There is a reserve of $766,146 representing outstanding tenant improvements and leasing commissions.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $25,000,000 appraised value are 77.9% and 62.9%, respectively.

 

A-1-19
 

 

   
  For mortgage loan #21 (Homewood Suites Austin), the Appraised Value represents the value assuming the performance improvement plan, which is expected to be completed by June 2016, has been completed.  The appraised value assuming the performance improvement plan has not been completed is $14,400,000.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $14,400,000 appraised value are 76.4% and 65.5%, respectively.
   
  For mortgage loan #35 (Starbucks Center), the Appraised Value represents the value assuming the largest tenant (4,000 square feet), representing 34.6% of net rentable square feet, has taken occupancy.  The appraised value assuming the largest tenant had not taken occupancy is $9,400,000. The largest tenant at the property has since taken occupancy. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $9,400,000 appraised value are 76.6% and 70.4%, respectively.
   
(6) For mortgage loan #16 (Jellystone Park), 36.4% of U/W Revenues is derived from the portion of the mortgaged property operating as a waterpark.  
   
(7) In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises, or may have a free rent period in the future that were included in the underwriting.
   
  For mortgage loan #1 (40 Wall Street), the largest tenant (86,350 square feet), representing 7.4% of net rentable square feet, has a free rent period through November 17, 2016. The fourth largest tenant (69,916 square feet), representing 6.0% of net rentable square feet, has a free rent period that runs from January 1, 2016 through March 1, 2016. The fifth largest tenant (61,082 square feet), representing 5.2% of net rentable square feet, has free rent in February 2016, February 2017 and February 2018. In lieu of collecting various reserves (including a free rent reserve) for the largest, fourth largest and fifth largest tenants, the lender accepted a sponsor guaranty capped at $26,000,000.
   
  For mortgage loan #2 (The Meadows), the largest tenant (85,668 square feet), representing 14.2% of net rentable square feet, has a monthly rent credit of $6,247 that runs from August 1, 2020 through May 31, 2024. At origination, $293,619 was reserved to cover the free rent period. The second largest tenant (53,040 square feet), representing 8.8% of net rentable square feet, has two free rent periods that run from September 30, 2015 through May 31, 2016 and January 31, 2021 through May 31, 2021 with respect to 26,520 square feet of expansion space. At origination, $850,850 was reserved to cover the free rent periods. The third largest tenant (53,040 square feet), representing 8.8% of net rentable square feet, has two free rent periods for separate portions of its space that run through September 30, 2015 and February 29, 2016.  At origination, $247,522 was reserved at origination to cover the free rent periods.
   
  For mortgage loan #53 (67 Holly Hills), the largest tenant (4,614 square feet) representing 22.0% of the net rentable square feet, has executed a lease that commenced September 1, 2015.  The tenant has free rent through October 30, 2015.  At origination, $80,740 was reserved to cover the free rent period.  The third largest tenant (2,770 square feet) representing 13.2% of the net rentable square feet, has a free rent period that runs from December 1, 2015 to February 28, 2016. At origination, $24,238 was reserved to cover the free rent periods.
   
(8) The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.
   
  For mortgage loan #1 (40 Wall Street), the third largest tenant (77,810 square feet), representing 6.7% of the net rentable square feet, has a right to terminate its lease for 54,500 square feet of office space effective March 31, 2018 with a payment of a termination fee equal to $2,932,476 and effective March 31, 2023 with a payment of a termination fee equal to $535,917. The fourth largest tenant (69,916 square feet ), representing 6.0% of the net rentable square feet, has a right to terminate its lease effective March 1, 2024 with 12 months’ notice and a payment of a termination fee equal to $2,110,746.
   
  For mortgage loan #2 (The Meadows), the second largest tenant (53,040 square feet), representing 8.8% of the net rentable square feet, has a right to terminate its lease effective December 31, 2021 with 12 months’ notice and payment of a termination fee equal to $2,304,206 multiplied by the percentage of its leased space being terminated.  The third largest tenant (53,040 square feet), representing 8.8% of the net rentable square feet, has a right to terminate 13,840 square feet on February 28, 2021 with 12 months’ notice and a payment of a termination fee equal to $775,007. In addition, the third largest tenant has the right to terminate 39,200 square feet on September 1, 2022 with 12 months’ notice and a payment of a termination fee equal to $1,096,013.  

 

A-1-20
 

 

   
  For mortgage loan #4 (Townline Square), the largest tenant (61,713 square feet), representing 19.6% of the net rentable square feet, may terminate its lease with 12 months’ written notice.
   
  For mortgage loan #17 (Clearwater Collection), the third largest tenant (12,038 square feet), representing 9.0% of net rentable square feet, may terminate their lease upon providing 60 days’ written notice if the third largest tenant's charter is revoked and is non-appealable.
   
  For mortgage loan #35 (Starbucks Center), the second largest tenant (2,820 square feet), representing 24.4% of net rentable square feet, has a one-time right to terminate its lease if its annual gross sales are less than $2,250,000 for the trailing 12-month period ending April 30, 2022. The fourth largest tenant (1,800 square feet), representing 15.6% of net rentable square feet, has one time right to terminate its lease as of January 31, 2020 upon providing 270 days’ written notice with the payment of $100,000.
   
  For mortgage loan #53 (67 Holly Hills), the second largest tenant (3,453 square feet), representing 16.5% of the net rentable square feet, may terminate its lease at any time with 9 months’ written notice. The fourth largest tenant (2,661 square feet), representing 12.7% of the net rentable square feet, may terminate its lease on December 31, 2018, by providing written notice to the landlord no later than December 31, 2017.
   
  For mortgage loan #64 (Walgreens – Idaho Falls), the sole tenant (14,490 square feet), representing 100.0% of net rentable square feet, may terminate its lease on March 31, 2035 and every five years thereafter, upon providing six months' written notice.
   
  For mortgage loan #70 (Gwinnett Point), the second largest tenant (4,725 square feet), representing 15.1% of net rentable square feet, may terminate its lease as of January 31, 2017 upon providing 90 days’ written notice.
   
  For mortgage loan #84 (Barbizon Building), the second largest tenant (4,516 square feet), representing 13.8% of net rentable square feet, may terminate its lease on May 1, 2020 upon providing 180 days’ written notice.
   
  For mortgage loan #92 (Chapel Center), the fourth largest tenant (1,600 square feet), representing 11.0% of net rentable square feet, may terminate its lease at any time after August 31, 2017 upon providing 90 days’ written notice and payment of a termination fee equal to three months of the annual rent in effect.
   
(9) For mortgage loan #1 (40 Wall Street), the third largest tenant (77,810 square feet), representing 6.7% of net rentable square feet, has multiple leases that expire as follows: 54,500 square feet of office space expire March 31, 2028 and 23,310 square feet of retail space expire January 31, 2032.  
   
  For mortgage loan #10 (The Jewelers Mall), the second largest tenant (1,681 square feet), representing 1.3% of net rentable square feet, has multiple leases that expire as follows: 124 square feet expire month-to-month; 1,272 square feet expire February 1, 2019; and 285 square feet expire July 31, 2020.
   
  For mortgage loan #18 (Memorial Regional Medical Office), the largest tenant (30,098 square feet), representing 51.4% of net rentable square feet, has multiple leases that expire as follows: 25,000 square feet expire April 30, 2025 and 5,098 square feet expire July 31, 2025.
   
  For mortgage loan #46 (1255 Broad Street Medical Center), the third largest tenant (4,574 square feet), representing 12.6% of net rentable square feet, has multiple leases that expire as follows: 817 square feet expire January 31, 2017; and 3,757 square feet expire February 28, 2020.
   
  For mortgage loan #84 (Barbizon Building), the largest tenant (4,685 square feet), representing 14.3% of net rentable square feet, has multiple leases that expire as follows: 2,330 square feet expire April 30, 2017; 1,160 square feet expire February 28, 2018; and 1,195 square feet expire August 31, 2018.
   
(10) For mortgage loan #1 (40 Wall Street), the fifth largest tenant (61,082 square feet), representing 5.2% of the net rentable square feet, subleases 10,324 square feet for an annual base rent of $317,463 ($30.75 per square foot, expiring January 2019).
   
  For mortgage loan #2 (The Meadows), the largest tenant (85,668 square feet), representing 14.2% of the net rentable feet, subleases 4,841 square feet for an annual base rent of $135,548 ($28.00 per square foot, expiring August 31, 2020).

 

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  For mortgage loan #65 (Pelican Village), the second largest tenant (3,150 square feet), representing 9.7% of net rentable square feet, subleases its entire space for an annual base rent of $42,525 ($13.50 per square foot, expiring September 30, 2016).
   
(11) For mortgage loan #34 (101-107 Post Road East & 28 Church Lane), the third largest tenant (2,100 square feet), representing 12.3% of the net rentable square feet, is an affiliate of the borrower.
   
  For mortgage loan #56 (219 West 19th Street), the sole tenant (24,501 square feet), representing 100.0% of net rentable square feet, is an affiliate of the borrower.
   
  For mortgage loan #84 (Barbizon Building), the third largest tenant (2,748 square feet), representing 8.4% of net rentable square feet, is an affiliate of the sponsor.
   
(12) For mortgage loan #1 (40 Wall Street), in lieu of monthly deposits into the insurance, replacement, TI/LC and ground rent reserve accounts, the sponsor has provided a personal guaranty which is capped at $26,000,000 in the aggregate (except with respect to lease termination payments, ground lease payments and insurance premiums, none of which are subject to the cap).
   
(13) For mortgage loan #19 (Hyatt Lisle), the Monthly Replacement Reserve is equal to the greater of: (i) 1/12th of 1.0% of the gross revenues in the first year, 2.0% of the gross revenues in the second year, 3.0% of gross revenues in the third year, and 4.0% of gross revenues thereafter, generated during the 12 months preceding the end of the prior calendar quarter for which financial statements have been provided and (ii) the amount required to be reserved under the franchise agreement and management agreement for FF&E work.
   
  For mortgage loan #21 (Homewood Suites Austin), the Monthly Replacement Reserve will be adjusted to an amount equal the greater of: (i) 1/12th of 4% of underwritten revenue for the prior trailing 12-month period; and (ii) the reserve required under the management and franchise agreements.
   
  For mortgage loan #27 (Best Western Seven Seas), the Monthly Replacement Reserve will be adjusted to an amount equal the greater of: (i) $37,683; and (ii) 1/12th of 5% of underwritten revenue for the prior trailing 12-month period.
   
  For mortgage loan #40 (Hampton Inn – Auburn Hills), the Monthly Replacement Reserve will be adjusted to an amount equal the greater of: (i) the then-existing Monthly Replacement Reserve; and (ii) 1/12th of 4% of the operating income for the prior fiscal year.
   
  For each of mortgage loans #42 (Sun and Sand Myrtle Beach), #48 (Hampton Inn & Suites – Clute) and #71 (Holiday Inn Express – Dayton), the Monthly Replacement Reserve is equal to the greater of: (i) 1/12th of 4% of the greater of: (a) gross revenues generated during the 12 months preceding the end of the prior calendar quarter for which financial statements have been provided; and (b) gross revenues projected in the then-effective budget; and (ii) the amount required to be reserved under the management agreement for FF&E work.
   
(14) For mortgage loan #65 (Pelican Village), monthly TI/LC Reserve collections are $5,000 through the 24th payment date and $2,133 thereafter; provided, that the TI/LC Reserve may, at the borrower’s request, be capped at $50,000 on or after the 25th payment date if certain lease rollover conditions (which include, without limitation, the property having achieved 90% occupancy and a 1.40x debt service coverage ratio) have been satisfied.  
   
(15) For mortgage loan #1 (40 Wall Street), effective January 1, 2018 the annual ground rent payment for the 40 Wall Street Property ground lease is $1,815,000 through December 31, 2019. Effective January 1, 2020 the annual ground rent payment for the 40 Wall Street Property ground lease is $2,315,000 through December 31, 2022. Effective January 1, 2023 the annual ground rent payment for the 40 Wall Street Property ground lease is $2,546,500 through December 31, 2027. Effective January 1, 2028 the annual ground rent payment for the 40 Wall Street Property ground lease is $2,801,150 through December 31, 2032.  Effective January 1, 2033 the annual ground rent payment shall be the greater of 6% of the value of the land or 85% of the net rent payable in the preceding 12-month period.  Effective January 1, 2058 the annual ground rent payment shall be the greater of 6% of the value of the land or 85% of the net rent payable in the immediately preceding 12-month period.  Effective January 1, 2083 and every 25 years thereafter, the annual ground rent payment shall be the greater of 6% of the value of the land or the net rent payable in the preceding 12-month period.

 

 

 

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