FWP 1 n734_anxa1-x5.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-09
     

 

     
 

Wells Fargo Commercial Mortgage Trust 2016-NXS6 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. 333-206677) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, UBS Securities LLC, Academy Securities, Inc., Natixis Securities America 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 information herein is preliminary and may be supplemented or amended prior to the time of sale.

 

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

 

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

 

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information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

 

  
     

 

 

 

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

 

Mortgage Loan Number(1) Property Name Mortgage Loan Seller Cross Collateralized and Cross Defaulted Loan Flag Address City State Zip Code General Property Type(2)
1 QLIC Natixis   41-42 24th Street Long Island City NY 11101 Multifamily
2 Novo Nordisk Natixis   800 Scudders Mill Road Plainsboro NJ 08536 Office
3 Rentar Plaza Natixis   66-26 Metropolitan Avenue Middle Village NY 11379 Mixed Use
4 909 Poydras Natixis   909 Poydras Street New Orleans LA 70112 Office
5 The Falls UBSAG   8888 Southwest 136th Street Miami FL 33176 Retail
6 Cassa Times Square Mixed-Use Natixis   515 Ninth Avenue New York NY 10018 Mixed Use
7 Plaza Mexico – Los Angeles Natixis   3100 East Imperial Highway Lynwood CA 90262 Retail
8 333 North Bedford Natixis   333 North Bedford Road Mount Kisco; Bedford NY 10549 Mixed Use
9 Yeager Portfolio UBSAG   Various Various Various Various Office
9.01 Frisco UBSAG   2770 Main Street Frisco TX 75034 Office
9.02 Carmel UBSAG   600 East Carmel Drive Carmel IN 46032 Office
9.03 Fishers II UBSAG   14074 Trade Center Drive Fishers IN 46038 Office
9.04 Greenwood UBSAG   3209 West Smith Valley Road Greenwood IN 46142 Office
9.05 Fishers I UBSAG   11650 Lantern Road Fishers IN 46038 Office
9.06 Plainfield UBSAG   2680 East Main Street Plainfield IN 46168 Office
9.07 Noblesville I UBSAG   23 South 8th Street Noblesville IN 46060 Office
9.08 Noblesville II UBSAG   16095 Prosperity Drive Noblesville IN 46060 Office
10 Sixty Soho Natixis   60 Thompson Street New York NY 10013 Hospitality
11 Hyatt House Philadelphia/King of Prussia WFB   240 Mall Boulevard King Of Prussia PA 19406 Hospitality
12 Crate & Barrel Natixis   1250 Techny Road Northbrook IL 60062 Office
13 Peachtree Mall SPREF   3131 Manchester Expressway Columbus GA 31909 Retail
14 Fairmont Parkway SPREF   5932 Fairmont Parkway Pasadena TX 77505 Retail
15 Hilton Head Village SPREF   1460 Fording Island Road Bluffton SC 29910 Retail
16 24 Hour Fitness - Pleasanton WFB   4770 Willow Road Pleasanton CA 94588 Retail
17 Sterling Jewelers Corporate Headquarters FES Natixis   395 Ghent Road Akron OH 44333 Office
18 Hilton Garden Inn - Memphis Southaven UBSAG   6671 Towne Center Loop Southaven MI 38671 Hospitality
19 White Marsh Portfolio UBSAG   Various Various MD 21236 Office
19.01 White Marsh Professional Center UBSAG   7939 & 7923 Honeygo Boulevard; 8133 Perry Hall Boulevard White Marsh MD 21236 Office
19.02 Ridgely’s Choice UBSAG   8615 & 8605 Ridgelys Choice Drive Nottingham MD 21236 Office
20 At Home Portfolio SPREF   Various Various Various Various Retail
20.01 15065 Creosote Road SPREF   15065 Creosote Road Gulfport MS 39503 Retail
20.02 2650 West Interstate 20 SPREF   2650 West Interstate Highway 20 Grand Prairie TX 75052 Retail
20.03 1600 West Kelly Avenue SPREF   1600 West Kelly Avenue Pharr TX 78577 Retail
20.04 2244 South Reynolds Road SPREF   2244 South Reynolds Road Toledo OH 43614 Retail
20.05 642 South Walnut Avenue SPREF   642 South Walnut Avenue New Braunfels TX 78130 Retail
21 53 Mercer Street Natixis   53 Mercer Street New York NY 10013 Retail
22 HI Overland Park SPREF   8787 Reeder Road Overland Park KS 66214 Hospitality
23 Palm Terrace Natixis   15116 Parthenia Street Los Angeles CA 91343 Multifamily
24 Wind Gap Plaza SPREF   801 Male Road Wind Gap Borough PA 18091 Retail
25 Hampton Inn Exton SPREF   4 North Pottstown Pike Exton PA 19341 Hospitality
26 Plaza On Main SPREF   1700 North Main Street Kissimmee FL 34744 Retail
27 Dalton Avenue Plaza UBSAG   457 Dalton Avenue Pittsfield MA 01201 Retail
28 Campbell Gardens SPREF   25 Landis Lane Lillington NC 27546 Multifamily
29 Bay Pointe Natixis   13611 Doty Avenue Hawthorne CA 90250 Multifamily
30 The Crest Apartments Natixis   13950 Foothill Boulevard Los Angeles CA 91342 Multifamily
31 Fairfield Inn Avon Natixis   39050 Colorado Avenue Avon OH 44011 Hospitality
32 Foothill Plaza UBSAG   1000 Pocatello Creek Road Pocatello ID 83201 Retail
33 Milford Landing Shopping Center SPREF   102 Milford Landing Drive Westfall Township PA 18337 Retail
34 Markets At Mesa Ridge UBSAG   6855-6885 & 6965 Mesa Ridge Parkway, 6805 Mesa Ridge Parkway, 7045 Mesa Ridge Parkway Colorado Springs CO 80817 Retail
35 313-315 W Muhammad Ali Boulevard UBSAG   313-315 West Muhammad Ali Boulevard Louisville KY 40202 Office
36 Holiday Inn Express & Suites Emporia SPREF   1350 West Atlantic Street Emporia VA 23847 Hospitality
37 Country Inn and Suites Savannah Airport Natixis   21 Yvette Johnson Hagins Drive Savannah GA 31408 Hospitality
38 Maple Wayview Apartments SPREF   1101 West Maple Street; 7300 Sunset Strip Northwest North Canton OH 44720 Multifamily
39 Holiday Inn Express - Yulee UBSAG   76071 Sidney Place Yulee FL 32097 Hospitality
40 Casa Meadows Natixis   8135 Langdon Avenue Los Angeles CA 91406 Multifamily
41 Park West Office SPREF   2877 Guardian Lane Virginia Beach VA 23452 Office
42 Watkinsville Self Storage SPREF   Various Various GA Various Self Storage
42.01 67 Greensboro Highway SPREF   67 Greensboro Highway Watkinsville GA 30677 Self Storage
42.02 36 Arnoldsville Road SPREF   36 Arnoldsville Road Crawford GA 30630 Self Storage
43 Brookhaven Plaza UBSAG   958 Brookway Boulevard Brookhaven MS 39601 Retail
44 Studio Pointe Natixis   915 North Wilton Place Los Angeles CA 90038 Multifamily
45 Rose Pointe Natixis   509 North Berendo Street Los Angeles CA 90004 Multifamily
46 Synchrony Financial Expansion - 975 Keller Rd. UBSAG   975 Keller Road Altamonte Springs FL 32714 Office
47 DuVal Enterprises Building WFB   4225 Vernon Boulevard Long Island City NY 11101 Industrial
48 Walgreens - Reedsburg WFB   1100 East Main Street Reedsburg WI 53959 Retail
49 Shops at Walmart WFB   440 East Silverado Ranch Boulevard Paradise NV 89123 Retail
50 Suwanee Point WFB   525 Peachtree Industrial Boulevard Northwest Suwanee GA 30024 Retail

 

A-1-1

 

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

 

Mortgage Loan Number(1) Property Name Specific Property Type Year
Built		 Year
Renovated		 Number of Units(2) Unit of Measure Cut-off Date Balance Per Unit/SF(3)(4)(5) Original Balance ($)(3)(4)(5) Cut-off Date Balance ($)(3)(4)(5) % of Aggregate
Cut-off Date
Balance		 Maturity Date or ARD Balloon Payment ($) ARD Loan
1 QLIC High Rise 2015   421 Units 344,418 75,000,000 75,000,000 9.9% 75,000,000 N
2 Novo Nordisk Suburban 1985 2013 761,824 Sq. Ft. 221 73,300,000 73,300,000 9.7% 73,300,000 Y
3 Rentar Plaza Industrial/Retail/Office 1974   1,567,208 Sq. Ft. 84 60,000,000 60,000,000 7.9% 60,000,000 N
4 909 Poydras CBD 1986 2015 545,157 Sq. Ft. 83 45,500,000 45,446,730 6.0% 37,571,553 N
5 The Falls Regional Lifestyle Center 1980 1996 839,507 Sq. Ft. 179 34,500,000 34,500,000 4.6% 34,500,000 N
6 Cassa Times Square Mixed-Use Hospitality/Retail/Parking Garage 2014   59,554 Sq. Ft. 574 34,200,000 34,200,000 4.5% 34,200,000 N
7 Plaza Mexico – Los Angeles Anchored 1974 2005 404,064 Sq. Ft. 262 30,000,000 30,000,000 4.0% 30,000,000 N
8 333 North Bedford Office/Retail/Warehouse 1957 2009 611,954 Sq. Ft. 97 30,000,000 29,913,127 4.0% 23,638,377 N
9 Yeager Portfolio Suburban Various Various 163,740 Sq. Ft. 171 28,000,000 28,000,000 3.7% 22,927,980 N
9.01 Frisco Suburban 2013   25,019 Sq. Ft.   7,000,000 7,000,000 0.9%    
9.02 Carmel Suburban 2010   29,562 Sq. Ft.   6,000,000 6,000,000 0.8%    
9.03 Fishers II Suburban 2006   24,685 Sq. Ft.   3,700,000 3,700,000 0.5%    
9.04 Greenwood Suburban 2008   24,303 Sq. Ft.   3,600,000 3,600,000 0.5%    
9.05 Fishers I Suburban 2005   16,653 Sq. Ft.   3,100,000 3,100,000 0.4%    
9.06 Plainfield Suburban 2009   22,818 Sq. Ft.   3,000,000 3,000,000 0.4%    
9.07 Noblesville I Suburban 1930 2005 8,100 Sq. Ft.   1,000,000 1,000,000 0.1%    
9.08 Noblesville II Suburban 2006   12,600 Sq. Ft.   600,000 600,000 0.1%    
10 Sixty Soho Full Service 2000 2015 97 Rooms 398,454 27,580,854 26,650,000 3.5% 26,650,000 N
11 Hyatt House Philadelphia/King of Prussia Limited Service 2011   147 Rooms 169,440 25,000,000 24,907,725 3.3% 20,232,767 N
12 Crate & Barrel Suburban 2001   167,843 Sq. Ft. 129 21,646,169 21,646,169 2.9% 21,646,169 N
13 Peachtree Mall Regional Mall 1975 1994 536,202 Sq. Ft. 149 20,000,000 19,846,750 2.6% 14,704,420 N
14 Fairmont Parkway Anchored 1992   176,710 Sq. Ft. 100 17,700,000 17,700,000 2.3% 15,216,425 N
15 Hilton Head Village Anchored 2000   111,042 Sq. Ft. 156 17,450,000 17,373,453 2.3% 14,430,731 N
16 24 Hour Fitness - Pleasanton Single Tenant 1990 2010 56,206 Sq. Ft. 290 16,300,000 16,300,000 2.2% 14,842,426 N
17 Sterling Jewelers Corporate Headquarters FES Suburban 1999   85,686 Sq. Ft. 158 13,500,000 13,500,000 1.8% 13,500,000 Y
18 Hilton Garden Inn - Memphis Southaven Full Service 2007   117 Rooms 106,838 12,500,000 12,500,000 1.7% 9,353,152 N
19 White Marsh Portfolio Suburban Various   121,596 Sq. Ft. 95 11,500,000 11,500,000 1.5% 9,639,993 N
19.01 White Marsh Professional Center Suburban 1984   80,046 Sq. Ft.   7,055,215 7,055,215 0.9%    
19.02 Ridgely’s Choice Suburban 2005   41,550 Sq. Ft.   4,444,785 4,444,785 0.6%    
20 At Home Portfolio Single Tenant Various Various 534,881 Sq. Ft. 53 10,150,000 10,150,000 1.3% 8,841,825 Y
20.01 15065 Creosote Road Single Tenant 1998 2013 115,574 Sq. Ft.   2,210,842 2,210,842 0.3%    
20.02 2650 West Interstate 20 Single Tenant 2000   109,415 Sq. Ft.   2,094,090 2,094,090 0.3%    
20.03 1600 West Kelly Avenue Single Tenant 2014   108,400 Sq. Ft.   2,074,217 2,074,217 0.3%    
20.04 2244 South Reynolds Road Single Tenant 1972 2014 111,763 Sq. Ft.   2,056,828 2,056,828 0.3%    
20.05 642 South Walnut Avenue Single Tenant 1995 2013 89,729 Sq. Ft.   1,714,023 1,714,023 0.2%    
21 53 Mercer Street Single Tenant 1900 2016 8,785 Sq. Ft. 1,138 10,000,000 10,000,000 1.3% 10,000,000 N
22 HI Overland Park Full Service 1971 2014 190 Rooms 47,368 9,000,000 9,000,000 1.2% 6,691,506 N
23 Palm Terrace Garden 1970   96 Units 92,002 8,832,232 8,832,232 1.2% 7,735,433 N
24 Wind Gap Plaza Anchored 1995   96,229 Sq. Ft. 86 8,300,000 8,300,000 1.1% 6,642,308 N
25 Hampton Inn Exton Limited Service 1988 2011 122 Rooms 65,359 8,000,000 7,973,852 1.1% 5,963,463 N
26 Plaza On Main Unanchored 1959 2015 93,398 Sq. Ft. 72 6,750,000 6,715,169 0.9% 4,961,437 N
27 Dalton Avenue Plaza Anchored 1959 1994 108,527 Sq. Ft. 57 6,150,000 6,136,048 0.8% 5,055,787 N
28 Campbell Gardens Student Housing 2001   224 Beds 26,727 6,000,000 5,986,781 0.8% 5,545,017 N
29 Bay Pointe Garden 1972   74 Units 80,182 5,933,450 5,933,450 0.8% 5,196,626 N
30 The Crest Apartments Garden 1987   48 Units 117,389 5,634,650 5,634,650 0.7% 4,934,931 N
31 Fairfield Inn Avon Limited Service 2002 2015 82 Rooms 68,109 5,590,425 5,584,915 0.7% 5,232,854 N
32 Foothill Plaza Anchored 1979 2014 114,357 Sq. Ft. 48 5,500,000 5,490,179 0.7% 4,048,919 N
33 Milford Landing Shopping Center Unanchored 2004   44,222 Sq. Ft. 122 5,400,000 5,380,222 0.7% 3,919,068 N
34 Markets At Mesa Ridge Shadow Anchored 2001   29,428 Sq. Ft. 173 5,100,000 5,100,000 0.7% 4,666,881 N
35 313-315 W Muhammad Ali Boulevard CBD 1908 1992 49,300 Sq. Ft. 93 4,600,000 4,584,965 0.6% 3,794,181 N
36 Holiday Inn Express & Suites Emporia Limited Service 2004 2015 78 Rooms 57,596 4,500,000 4,492,505 0.6% 3,370,679 N
37 Country Inn and Suites Savannah Airport Limited Service 2007   82 Rooms 54,768 4,500,000 4,491,014 0.6% 3,770,304 N
38 Maple Wayview Apartments Garden 1968 2016 110 Units 39,545 4,350,000 4,350,000 0.6% 3,720,266 N
39 Holiday Inn Express - Yulee Limited Service 2007   73 Rooms 58,717 4,300,000 4,286,354 0.6% 3,226,439 N
40 Casa Meadows Garden 1970   49 Units 86,522 4,239,600 4,239,600 0.6% 3,713,120 N
41 Park West Office Suburban 1989   66,866 Sq. Ft. 59 3,942,477 3,936,556 0.5% 3,111,690 N
42 Watkinsville Self Storage Self Storage Various Various 829 Units 4,749 3,950,000 3,937,112 0.5% 3,258,889 N
42.01 67 Greensboro Highway Self Storage 1991 2013 557 Units   3,040,000 3,030,081 0.4%    
42.02 36 Arnoldsville Road Self Storage 2003 2007 272 Units   910,000 907,031 0.1%    
43 Brookhaven Plaza Unanchored 2000   34,050 Sq. Ft. 113 3,850,000 3,845,417 0.5% 3,169,905 N
44 Studio Pointe Garden 1964   42 Units 86,850 3,647,700 3,647,700 0.5% 3,194,724 N
45 Rose Pointe Garden 1973   38 Units 94,858 3,604,609 3,604,609 0.5% 3,156,984 N
46 Synchrony Financial Expansion - 975 Keller Rd. Suburban 2001 2016 25,080 Sq. Ft. 136 3,400,000 3,400,000 0.4% 3,129,859 N
47 DuVal Enterprises Building Flex 1900   55,982 Sq. Ft. 55 3,100,000 3,091,783 0.4% 1,893,504 N
48 Walgreens - Reedsburg Single Tenant 2006   14,820 Sq. Ft. 174 2,575,000 2,575,000 0.3% 2,067,258 N
49 Shops at Walmart Unanchored 2006   7,683 Sq. Ft. 325 2,500,000 2,500,000 0.3% 2,288,741 N
50 Suwanee Point Unanchored 1996   17,525 Sq. Ft. 94 1,645,000 1,642,888 0.2% 1,336,129 N

 

A-1-2

 

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

 

Mortgage Loan Number(1) Property Name Origination Date First Pay Date Last IO Pay Date First P&I Pay Date Maturity Date or Anticipated Repayment Date ARD Loan Maturity Date Gross Mortgage Rate(6) Trust Advisor Ongoing Fee Rate Certificate Administrator Fee Rate Servicing Fee CREFC® IP Royalty License Fee Rate Asset Representations Reviewer Fee Rate
1 QLIC 12/28/2015 2/5/2016 1/5/2026   1/5/2026   4.399700% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
2 Novo Nordisk 8/11/2016 10/5/2016 9/5/2021   9/5/2021 4/30/2031 3.482000% 0.000000% 0.008000% 0.005000% 0.000500% 0.000290%
3 Rentar Plaza 8/31/2016 10/5/2016 9/5/2026   9/5/2026   3.482000% 0.000000% 0.008000% 0.005000% 0.000500% 0.000290%
4 909 Poydras 8/23/2016 10/5/2016   10/5/2016 9/5/2026   4.461500% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
5 The Falls 8/15/2016 10/1/2016 9/1/2026   9/1/2026   3.450000% 0.000000% 0.008000% 0.005000% 0.000500% 0.000290%
6 Cassa Times Square Mixed-Use 7/5/2016 8/5/2016 4/5/2026   4/5/2026   5.278200% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
7 Plaza Mexico – Los Angeles 6/16/2016 8/5/2016 7/5/2021   7/5/2021   4.598110% 0.000000% 0.008000% 0.005000% 0.000500% 0.000290%
8 333 North Bedford 8/4/2016 9/10/2016   9/10/2016 8/10/2026   3.780000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
9 Yeager Portfolio 9/13/2016 11/6/2016   11/6/2016 10/6/2026   4.881000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
9.01 Frisco                        
9.02 Carmel                        
9.03 Fishers II                        
9.04 Greenwood                        
9.05 Fishers I                        
9.06 Plainfield                        
9.07 Noblesville I                        
9.08 Noblesville II                        
10 Sixty Soho 2/12/2015 4/5/2015 3/5/2026   3/5/2026   4.725000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
11 Hyatt House Philadelphia/King of Prussia 6/15/2016 8/11/2016   8/11/2016 7/11/2026   4.530000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
12 Crate & Barrel 11/30/2015 1/5/2016 12/5/2025   12/5/2025   3.605722% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
13 Peachtree Mall 6/17/2016 7/6/2016   7/6/2016 12/6/2025   3.944000% 0.000000% 0.008000% 0.005000% 0.000500% 0.000290%
14 Fairmont Parkway 9/4/2015 10/6/2015 9/6/2017 10/6/2017 9/6/2025   4.750000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
15 Hilton Head Village 5/11/2016 7/6/2016   7/6/2016 6/6/2026   5.183000% 0.002100% 0.008000% 0.035000% 0.000500% 0.000290%
16 24 Hour Fitness - Pleasanton 8/12/2016 10/11/2016 9/11/2021 10/11/2021 9/11/2026   4.200000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
17 Sterling Jewelers Corporate Headquarters FES 9/14/2016 11/5/2016 10/5/2026   10/5/2026 10/5/2036 4.650000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
18 Hilton Garden Inn - Memphis Southaven 9/13/2016 11/6/2016   11/6/2016 10/6/2026   5.024000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
19 White Marsh Portfolio 8/23/2016 10/6/2016 9/6/2017 10/6/2017 9/6/2026   4.760000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
19.01 White Marsh Professional Center                        
19.02 Ridgely’s Choice                        
20 At Home Portfolio 9/15/2015 11/6/2015 4/6/2018 5/6/2018 10/6/2025 10/6/2045 4.790000% 0.000000% 0.008000% 0.025000% 0.000500% 0.000290%
20.01 15065 Creosote Road                        
20.02 2650 West Interstate 20                        
20.03 1600 West Kelly Avenue                        
20.04 2244 South Reynolds Road                        
20.05 642 South Walnut Avenue                        
21 53 Mercer Street 7/29/2016 9/5/2016 8/5/2026   8/5/2026   3.860000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
22 HI Overland Park 9/12/2016 11/6/2016   11/6/2016 10/6/2026   4.850000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
23 Palm Terrace 8/5/2016 9/5/2016 8/5/2019 9/5/2019 8/5/2026   4.520000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
24 Wind Gap Plaza 9/15/2016 11/6/2016   11/6/2016 10/6/2026   4.210000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
25 Hampton Inn Exton 8/2/2016 9/6/2016   9/6/2016 8/6/2026   4.920000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
26 Plaza On Main 7/1/2016 8/6/2016   8/6/2016 7/6/2026   4.540000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
27 Dalton Avenue Plaza 8/5/2016 9/6/2016   9/6/2016 8/6/2026   5.000000% 0.002100% 0.008000% 0.062500% 0.000500% 0.000290%
28 Campbell Gardens 7/26/2016 9/6/2016   9/6/2016 8/6/2021   5.140000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
29 Bay Pointe 8/5/2016 9/5/2016 8/5/2019 9/5/2019 8/5/2026   4.520000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
30 The Crest Apartments 8/5/2016 9/5/2016 8/5/2019 9/5/2019 8/5/2026   4.520000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
31 Fairfield Inn Avon 8/18/2016 10/5/2016   10/5/2016 9/5/2021   6.052000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
32 Foothill Plaza 8/12/2016 10/6/2016   10/6/2016 9/6/2026   4.585500% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
33 Milford Landing Shopping Center 7/11/2016 9/6/2016   9/6/2016 8/6/2026   4.210000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
34 Markets At Mesa Ridge 9/7/2016 11/6/2016 10/6/2021 11/6/2021 10/6/2026   4.500000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
35 313-315 W Muhammad Ali Boulevard 7/1/2016 8/6/2016   8/6/2016 7/6/2026   5.100000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
36 Holiday Inn Express & Suites Emporia 8/30/2016 10/6/2016   10/6/2016 9/6/2026   5.055000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
37 Country Inn and Suites Savannah Airport 7/7/2016 9/5/2016   9/5/2016 8/5/2026   5.600000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
38 Maple Wayview Apartments 7/29/2016 9/6/2016 8/6/2018 9/6/2018 8/6/2026   4.550000% 0.002100% 0.008000% 0.055000% 0.000500% 0.000290%
39 Holiday Inn Express - Yulee 7/15/2016 9/6/2016   9/6/2016 8/6/2026   5.100000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
40 Casa Meadows 8/5/2016 9/5/2016 8/5/2019 9/5/2019 8/5/2026   4.520000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
41 Park West Office 9/15/2016 10/6/2016   10/6/2016 8/6/2026   3.800000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
42 Watkinsville Self Storage 6/30/2016 8/6/2016   8/6/2016 7/6/2026   5.108000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
42.01 67 Greensboro Highway                        
42.02 36 Arnoldsville Road                        
43 Brookhaven Plaza 8/11/2016 10/6/2016   10/6/2016 9/6/2026   5.050000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
44 Studio Pointe 8/5/2016 9/5/2016 8/5/2019 9/5/2019 8/5/2026   4.520000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
45 Rose Pointe 8/5/2016 9/5/2016 8/5/2019 9/5/2019 8/5/2026   4.520000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
46 Synchrony Financial Expansion - 975 Keller Rd. 8/5/2016 9/6/2016 7/6/2021 8/6/2021 8/6/2026   4.977000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
47 DuVal Enterprises Building 9/1/2016 10/11/2016   10/11/2016 9/11/2026   4.250000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
48 Walgreens - Reedsburg 9/12/2016 11/11/2016   11/11/2016 10/11/2026   4.300000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%
49 Shops at Walmart 9/1/2016 10/11/2016 9/11/2021 10/11/2021 9/11/2026   4.530000% 0.002100% 0.008000% 0.082500% 0.000500% 0.000290%
50 Suwanee Point 9/9/2016 10/11/2016   10/11/2016 9/11/2026   4.640000% 0.002100% 0.008000% 0.005000% 0.000500% 0.000290%

 

A-1-3

 

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

 

Mortgage Loan Number(1) Property Name Net Mortgage Rate Interest Accrual Method Monthly P&I Payment ($) Amortization Type Interest Accrual Method During IO Original Term to Maturity or ARD (Mos.)(5) Remaining Term to Maturity or ARD (Mos.)(5) Original IO
Period (Mos.)		 Remaining IO
Period (Mos.)		 Original Amort Term (Mos.)
1 QLIC 4.383810% Actual/360 278,800.43 Interest-only, Balloon Actual/360 120 111 120 111 0
2 Novo Nordisk 3.468210% Actual/360 215,646.22 Interest-only, ARD Actual/360 60 59 60 59 0
3 Rentar Plaza 3.468210% Actual/360 176,518.06 Interest-only, Balloon Actual/360 120 119 120 119 0
4 909 Poydras 4.445610% Actual/360 222,271.52 Amortizing Balloon   120 119 0 0 360
5 The Falls 3.436210% Actual/360 100,565.10 Interest-only, Balloon Actual/360 120 119 120 119 0
6 Cassa Times Square Mixed-Use 5.262310% Actual/360 152,517.99 Interest-only, Balloon Actual/360 117 114 117 114 0
7 Plaza Mexico – Los Angeles 4.584320% Actual/360 116,549.32 Interest-only, Balloon Actual/360 60 57 60 57 0
8 333 North Bedford 3.764110% Actual/360 139,445.86 Amortizing Balloon   120 118 0 0 360
9 Yeager Portfolio 4.865110% Actual/360 148,280.29 Amortizing Balloon   120 120 0 0 360
9.01 Frisco                    
9.02 Carmel                    
9.03 Fishers II                    
9.04 Greenwood                    
9.05 Fishers I                    
9.06 Plainfield                    
9.07 Noblesville I                    
9.08 Noblesville II                    
10 Sixty Soho 4.709110% Actual/360 106,391.80 Interest-only, Balloon Actual/360 132 113 132 113 0
11 Hyatt House Philadelphia/King of Prussia 4.514110% Actual/360 127,117.35 Amortizing Balloon   120 117 0 0 360
12 Crate & Barrel 3.589832% Actual/360 66,828.30 Interest-only, Balloon Actual/360 120 110 120 110 0
13 Peachtree Mall 3.930210% Actual/360 104,949.94 Amortizing Balloon   114 110 0 0 300
14 Fairmont Parkway 4.734110% Actual/360 92,331.58 Interest-only, Amortizing Balloon Actual/360 120 107 24 11 360
15 Hilton Head Village 5.137110% Actual/360 95,636.68 Amortizing Balloon   120 116 0 0 360
16 24 Hour Fitness - Pleasanton 4.184110% Actual/360 79,709.80 Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360
17 Sterling Jewelers Corporate Headquarters FES 4.634110% Actual/360 53,039.06 Interest-only, ARD Actual/360 120 120 120 120 0
18 Hilton Garden Inn - Memphis Southaven 5.008110% Actual/360 73,248.65 Amortizing Balloon   120 120 0 0 300
19 White Marsh Portfolio 4.744110% Actual/360 60,058.78 Interest-only, Amortizing Balloon Actual/360 120 119 12 11 360
19.01 White Marsh Professional Center                    
19.02 Ridgely’s Choice                    
20 At Home Portfolio 4.756210% Actual/360 53,192.20 Interest-only, Amortizing ARD Actual/360 120 108 30 18 360
20.01 15065 Creosote Road                    
20.02 2650 West Interstate 20                    
20.03 1600 West Kelly Avenue                    
20.04 2244 South Reynolds Road                    
20.05 642 South Walnut Avenue                    
21 53 Mercer Street 3.844110% Actual/360 32,613.43 Interest-only, Balloon Actual/360 120 118 120 118 0
22 HI Overland Park 4.834110% Actual/360 51,829.56 Amortizing Balloon   120 120 0 0 300
23 Palm Terrace 4.504110% Actual/360 44,856.64 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360
24 Wind Gap Plaza 4.194110% Actual/360 40,636.88 Amortizing Balloon   120 120 0 0 360
25 Hampton Inn Exton 4.904110% Actual/360 46,395.08 Amortizing Balloon   120 118 0 0 300
26 Plaza On Main 4.524110% Actual/360 37,672.11 Amortizing Balloon   120 117 0 0 300
27 Dalton Avenue Plaza 4.926610% Actual/360 33,014.53 Amortizing Balloon   120 118 0 0 360
28 Campbell Gardens 5.124110% Actual/360 32,724.62 Amortizing Balloon   60 58 0 0 360
29 Bay Pointe 4.504110% Actual/360 30,134.47 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360
30 The Crest Apartments 4.504110% Actual/360 28,616.94 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360
31 Fairfield Inn Avon 6.036110% Actual/360 33,704.55 Amortizing Balloon   60 59 0 0 360
32 Foothill Plaza 4.569610% Actual/360 30,838.31 Amortizing Balloon   120 119 0 0 300
33 Milford Landing Shopping Center 4.194110% Actual/360 29,133.05 Amortizing Balloon   120 118 0 0 300
34 Markets At Mesa Ridge 4.484110% Actual/360 25,840.95 Interest-only, Amortizing Balloon Actual/360 120 120 60 60 360
35 313-315 W Muhammad Ali Boulevard 5.084110% Actual/360 24,975.69 Amortizing Balloon   120 117 0 0 360
36 Holiday Inn Express & Suites Emporia 5.039110% Actual/360 26,450.95 Amortizing Balloon   120 119 0 0 300
37 Country Inn and Suites Savannah Airport 5.584110% Actual/360 25,833.55 Amortizing Balloon   120 118 0 0 360
38 Maple Wayview Apartments 4.484110% Actual/360 22,170.23 Interest-only, Amortizing Balloon Actual/360 120 118 24 22 360
39 Holiday Inn Express - Yulee 5.084110% Actual/360 25,388.54 Amortizing Balloon   120 118 0 0 300
40 Casa Meadows 4.504110% Actual/360 21,531.84 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360
41 Park West Office 3.784110% Actual/360 18,405.32 Amortizing Balloon   119 118 0 0 359
42 Watkinsville Self Storage 5.092110% Actual/360 21,465.94 Amortizing Balloon   120 117 0 0 360
42.01 67 Greensboro Highway                    
42.02 36 Arnoldsville Road                    
43 Brookhaven Plaza 5.034110% Actual/360 20,785.44 Amortizing Balloon   120 119 0 0 360
44 Studio Pointe 4.504110% Actual/360 18,525.73 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360
45 Rose Pointe 4.504110% Actual/360 18,306.88 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360
46 Synchrony Financial Expansion - 975 Keller Rd. 4.961110% Actual/360 18,204.17 Interest-only, Amortizing Balloon Actual/360 120 118 59 57 360
47 DuVal Enterprises Building 4.234110% Actual/360 19,196.27 Amortizing Balloon   120 119 0 0 240
48 Walgreens - Reedsburg 4.284110% Actual/360 12,742.94 Amortizing Balloon   120 120 0 0 360
49 Shops at Walmart 4.436610% Actual/360 12,711.74 Interest-only, Amortizing Balloon Actual/360 120 119 60 59 360
50 Suwanee Point 4.624110% Actual/360 8,472.37 Amortizing Balloon   120 119 0 0 360

 

A-1-4

 

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

 

Mortgage Loan Number(1) Property Name Remaining Amort Term (Mos.) Seasoning Prepayment Provisions Grace Period Default (Days)(7) Grace Period Late (Days) Appraised Value ($)(8) Appraisal Date(8) Coop -Rental Value Coop - LTV as Rental Coop - Unsold Percent
1 QLIC 0 9 L(33),D(84),O(3) 2 5 255,000,000 8/18/2016      
2 Novo Nordisk 0 1 L(25),D(32),O(3) 0 0 319,900,000 6/1/2016      
3 Rentar Plaza 0 1 L(25),GRTR 1% or YM or D(91),O(4) 0 0 300,000,000 7/19/2016      
4 909 Poydras 359 1 L(25),D(91),O(4) 0 0 74,300,000 7/27/2016      
5 The Falls 0 1 L(25),D(88),O(7) 5 0 305,000,000 7/14/2016      
6 Cassa Times Square Mixed-Use 0 3 L(27),D(86),O(4) 0 0 68,900,000 1/11/2016; 3/18/2016      
7 Plaza Mexico – Los Angeles 0 3 L(27),D(29),O(4) 0 0 184,000,000 3/16/2016      
8 333 North Bedford 358 2 L(26),D(90),O(4) 0 0 92,500,000 7/6/2016      
9 Yeager Portfolio 360 0 L(24),D(91),O(5) 0 0 38,460,000 Various      
9.01 Frisco           8,450,000 7/25/2016      
9.02 Carmel           8,000,000 7/27/2016      
9.03 Fishers II           5,330,000 7/27/2016      
9.04 Greenwood           5,200,000 7/27/2016      
9.05 Fishers I           4,460,000 7/27/2016      
9.06 Plainfield           4,300,000 7/27/2016      
9.07 Noblesville I           1,550,000 7/27/2016      
9.08 Noblesville II           1,170,000 7/27/2016      
10 Sixty Soho 0 19 GRTR 1% or YM(43),D(86),O(3) 0 0 80,900,000 5/10/2016      
11 Hyatt House Philadelphia/King of Prussia 357 3 L(24),GRTR 1% or YM(92),O(4) 0 0 37,650,000 5/6/2016      
12 Crate & Barrel 0 10 L(34),D(83),O(3) 0 0 40,000,000 10/27/2015      
13 Peachtree Mall 296 4 L(28),D(82),O(4) 0 0 138,000,000 11/11/2015      
14 Fairmont Parkway 360 13 L(37),D(80),O(3) 0 0 26,460,000 8/23/2016      
15 Hilton Head Village 356 4 L(28),D(89),O(3) 0 0 23,700,000 3/7/2016      
16 24 Hour Fitness - Pleasanton 360 1 L(25),D(91),O(4) 0 0 28,000,000 7/24/2016      
17 Sterling Jewelers Corporate Headquarters FES 0 0 L(24),D(92),O(4) 0 0 20,400,000 8/8/2016      
18 Hilton Garden Inn - Memphis Southaven 300 0 L(24),D(92),O(4) 0 5 18,175,000 7/12/2016      
19 White Marsh Portfolio 360 1 L(25),D(91),O(4) 0 0 16,300,000 7/8/2016      
19.01 White Marsh Professional Center           10,000,000 7/8/2016      
19.02 Ridgely’s Choice           6,300,000 7/8/2016      
20 At Home Portfolio 360 12 L(36),D(80),O(4) 0 0 40,860,000 Various      
20.01 15065 Creosote Road           8,900,000 8/22/2015      
20.02 2650 West Interstate 20           8,430,000 8/20/2015      
20.03 1600 West Kelly Avenue           8,350,000 8/21/2015      
20.04 2244 South Reynolds Road           8,280,000 8/21/2015      
20.05 642 South Walnut Avenue           6,900,000 9/1/2015      
21 53 Mercer Street 0 2 L(26),D(91),O(3) 0 0 23,500,000 6/22/2016      
22 HI Overland Park 300 0 L(24),D(93),O(3) 0 0 14,500,000 8/2/2016      
23 Palm Terrace 360 2 L(26),D(91),O(3) 0 0 13,470,000 6/10/2016      
24 Wind Gap Plaza 360 0 L(24),D(91),O(5) 0 0 16,100,000 6/30/2016      
25 Hampton Inn Exton 298 2 L(26),D(90),O(4) 0 0 14,400,000 6/7/2016      
26 Plaza On Main 297 3 L(27),D(89),O(4) 0 0 10,700,000 6/8/2016      
27 Dalton Avenue Plaza 358 2 L(26),D(90),O(4) 0 0 8,500,000 6/15/2016      
28 Campbell Gardens 358 2 L(26),D(30),O(4) 0 0 8,300,000 6/3/2016      
29 Bay Pointe 360 2 L(26),D(91),O(3) 0 0 8,910,000 6/13/2016      
30 The Crest Apartments 360 2 L(26),D(91),O(3) 0 0 8,440,000 6/10/2016      
31 Fairfield Inn Avon 359 1 L(25),D(32),O(3) 0 0 7,500,000 8/1/2016      
32 Foothill Plaza 299 1 L(25),D(91),O(4) 0 0 9,300,000 7/5/2016      
33 Milford Landing Shopping Center 298 2 L(26),D(90),O(4) 0 0 9,750,000 6/22/2016      
34 Markets At Mesa Ridge 360 0 L(24),D(92),O(4) 0 0 10,300,000 4/22/2016      
35 313-315 W Muhammad Ali Boulevard 357 3 L(27),D(89),O(4) 0 0 6,870,000 2/29/2016      
36 Holiday Inn Express & Suites Emporia 299 1 L(25),D(91),O(4) 0 0 7,400,000 7/25/2016      
37 Country Inn and Suites Savannah Airport 358 2 L(26),D(91),O(3) 0 0 7,300,000 4/1/2016      
38 Maple Wayview Apartments 360 2 L(26),D(90),O(4) 0 0 6,000,000 6/27/2016      
39 Holiday Inn Express - Yulee 298 2 L(26),D(90),O(4) 0 0 7,000,000 5/26/2016      
40 Casa Meadows 360 2 L(26),D(91),O(3) 0 0 6,440,000 6/10/2016      
41 Park West Office 358 1 L(25),D(93),O(1) 0 0 8,100,000 7/1/2016      
42 Watkinsville Self Storage 357 3 L(27),D(89),O(4) 0 0 6,100,000 Various      
42.01 67 Greensboro Highway           4,600,000 5/25/2016      
42.02 36 Arnoldsville Road           1,500,000 6/7/2016      
43 Brookhaven Plaza 359 1 L(24),GRTR 1% or YM(92),O(4) 0 0 5,500,000 7/25/2016      
44 Studio Pointe 360 2 L(26),D(91),O(3) 0 0 6,540,000 6/13/2016      
45 Rose Pointe 360 2 L(26),D(91),O(3) 0 0 6,420,000 6/13/2016      
46 Synchrony Financial Expansion - 975 Keller Rd. 360 2 L(26),D(90),O(4) 0 0 4,600,000 7/8/2016      
47 DuVal Enterprises Building 239 1 L(25),GRTR 1% or YM(91),O(4) 0 0 13,500,000 6/16/2016      
48 Walgreens - Reedsburg 360 0 L(24),D(92),O(4) 0 0 4,900,000 7/17/2016      
49 Shops at Walmart 360 1 L(25),D(91),O(4) 0 0 5,400,000 7/18/2016      
50 Suwanee Point 359 1 L(25),D(91),O(4) 0 0 2,375,000 8/9/2016      

 

A-1-5

 

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

 

Mortgage Loan Number(1) Property Name Coop - Sponsor Units Coop - Investor Units Coop - Units Coop - Sponsor Carry Coop - Committed Secondary Debt U/W NOI
DSCR (x)(3)(5)(6)		 U/W NCF
DSCR (x)(3)(5)(6)		 Cut-off Date LTV Ratio(3)(8) LTV Ratio at Maturity or ARD(3)(8) Cut-off Date U/W NOI Debt Yield(3)(5) Cut-off Date U/W NCF Debt Yield(3)(5)
1 QLIC           1.86 1.84 56.9% 56.9% 8.3% 8.2%
2 Novo Nordisk           2.98 2.97 52.6% 52.6% 10.5% 10.5%
3 Rentar Plaza           2.71 2.59 44.0% 44.0% 9.6% 9.1%
4 909 Poydras           1.76 1.52 61.2% 50.6% 10.3% 8.9%
5 The Falls           3.51 3.36 49.2% 49.2% 12.3% 11.8%
6 Cassa Times Square Mixed-Use           2.02 1.89 49.6% 49.6% 10.8% 10.1%
7 Plaza Mexico – Los Angeles           1.95 1.85 57.6% 57.6% 9.1% 8.6%
8 333 North Bedford           1.54 1.44 64.1% 50.7% 8.6% 8.1%
9 Yeager Portfolio           1.60 1.53 72.8% 59.6% 10.1% 9.8%
9.01 Frisco                      
9.02 Carmel                      
9.03 Fishers II                      
9.04 Greenwood                      
9.05 Fishers I                      
9.06 Plainfield                      
9.07 Noblesville I                      
9.08 Noblesville II                      
10 Sixty Soho           2.32 2.01 47.8% 47.8% 11.1% 9.6%
11 Hyatt House Philadelphia/King of Prussia           1.96 1.77 66.2% 53.7% 12.0% 10.9%
12 Crate & Barrel           3.44 3.36 54.1% 54.1% 12.8% 12.4%
13 Peachtree Mall           1.98 1.83 57.7% 42.8% 12.6% 11.6%
14 Fairmont Parkway           1.85 1.72 66.9% 57.5% 11.6% 10.8%
15 Hilton Head Village           1.38 1.26 73.3% 60.9% 9.1% 8.3%
16 24 Hour Fitness - Pleasanton           1.92 1.82 58.2% 53.0% 11.3% 10.7%
17 Sterling Jewelers Corporate Headquarters FES           1.85 1.85 66.2% 66.2% 8.7% 8.7%
18 Hilton Garden Inn - Memphis Southaven           2.04 1.83 68.8% 51.5% 14.3% 12.9%
19 White Marsh Portfolio           1.91 1.63 70.6% 59.1% 12.0% 10.2%
19.01 White Marsh Professional Center                      
19.02 Ridgely’s Choice                      
20 At Home Portfolio           1.42 1.31 68.9% 60.0% 8.9% 8.2%
20.01 15065 Creosote Road                      
20.02 2650 West Interstate 20                      
20.03 1600 West Kelly Avenue                      
20.04 2244 South Reynolds Road                      
20.05 642 South Walnut Avenue                      
21 53 Mercer Street           2.11 2.11 42.6% 42.6% 8.3% 8.2%
22 HI Overland Park           1.96 1.59 62.1% 46.1% 13.5% 11.0%
23 Palm Terrace           1.39 1.34 65.6% 57.4% 8.5% 8.2%
24 Wind Gap Plaza           1.96 1.73 51.6% 41.3% 11.5% 10.2%
25 Hampton Inn Exton           1.81 1.56 55.4% 41.4% 12.6% 10.9%
26 Plaza On Main           1.96 1.72 62.8% 46.4% 13.2% 11.6%
27 Dalton Avenue Plaza           1.69 1.55 72.2% 59.5% 10.9% 10.0%
28 Campbell Gardens           1.79 1.72 72.1% 66.8% 11.7% 11.3%
29 Bay Pointe           1.36 1.31 66.6% 58.3% 8.3% 8.0%
30 The Crest Apartments           1.35 1.31 66.8% 58.5% 8.2% 8.0%
31 Fairfield Inn Avon           2.08 1.87 74.5% 69.8% 15.1% 13.5%
32 Foothill Plaza           1.74 1.56 59.0% 43.5% 11.7% 10.5%
33 Milford Landing Shopping Center           2.06 1.91 55.2% 40.2% 13.4% 12.4%
34 Markets At Mesa Ridge           2.25 2.25 49.5% 45.3% 13.7% 13.7%
35 313-315 W Muhammad Ali Boulevard           1.69 1.49 66.7% 55.2% 11.1% 9.8%
36 Holiday Inn Express & Suites Emporia           2.04 1.80 60.7% 45.5% 14.4% 12.7%
37 Country Inn and Suites Savannah Airport           1.96 1.71 61.5% 51.6% 13.5% 11.8%
38 Maple Wayview Apartments           1.60 1.50 72.5% 62.0% 9.8% 9.2%
39 Holiday Inn Express - Yulee           2.38 2.16 61.2% 46.1% 16.9% 15.3%
40 Casa Meadows           1.38 1.33 65.8% 57.7% 8.4% 8.1%
41 Park West Office           2.57 2.21 48.6% 38.4% 14.4% 12.4%
42 Watkinsville Self Storage           1.55 1.48 64.5% 53.4% 10.2% 9.7%
42.01 67 Greensboro Highway                      
42.02 36 Arnoldsville Road                      
43 Brookhaven Plaza           1.72 1.60 69.9% 57.6% 11.1% 10.4%
44 Studio Pointe           1.37 1.33 55.8% 48.8% 8.4% 8.1%
45 Rose Pointe           1.38 1.32 56.1% 49.2% 8.4% 8.0%
46 Synchrony Financial Expansion - 975 Keller Rd.           1.92 1.82 73.9% 68.0% 12.3% 11.7%
47 DuVal Enterprises Building           2.72 2.37 22.9% 14.0% 20.2% 17.7%
48 Walgreens - Reedsburg           1.70 1.69 52.6% 42.2% 10.1% 10.0%
49 Shops at Walmart           1.62 1.50 46.3% 42.4% 9.9% 9.1%
50 Suwanee Point           1.79 1.54 69.2% 56.3% 11.0% 9.5%

 

A-1-6

 

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

 

Mortgage Loan Number(1) Property Name U/W
Revenues ($)(9)		 U/W
Expenses ($)(9)		 U/W Net Operating Income ($)(9) U/W
Replacement ($)(9)		 U/W
TI/LC ($)(9)		 U/W
Net Cash Flow ($)(9)		 Occupancy Rate Occupancy as-of Date U/W Hotel ADR
1 QLIC 15,396,615 3,385,297 12,011,318 84,200 18,123 11,908,995 98.3% 8/15/2016  
2 Novo Nordisk 29,605,904 11,891,591 17,714,312 38,091 0 17,676,221 78.0% 9/1/2016  
3 Rentar Plaza 24,610,323 11,992,475 12,617,848 156,721 391,802 12,069,325 100.0% 8/1/2016  
4 909 Poydras 9,061,816 4,372,519 4,689,297 81,774 545,157 4,062,366 80.8% 8/29/2016  
5 The Falls 26,057,960 7,632,172 18,425,787 176,296 618,885 17,630,606 97.5% 6/30/2016  
6 Cassa Times Square Mixed-Use 7,488,161 3,782,991 3,705,170 3,175 11,581 3,465,758 76.2% Retail; 95.2% Hotel 9/8/2016 for Retail; TTM 6/30/2016 for Hotel 214
7 Plaza Mexico – Los Angeles 14,200,010 4,568,906 9,631,104 60,610 404,064 9,166,431 90.9% 6/1/2016  
8 333 North Bedford 7,450,441 2,331,060 5,119,381 36,717 305,977 4,776,687 81.4% 8/1/2016  
9 Yeager Portfolio 5,207,442 2,366,980 2,840,462 24,369 84,858 2,731,235 99.5% 8/1/2016  
9.01 Frisco 1,121,276 502,374 618,902 1,614 20,135 597,154 99.4% 8/1/2016  
9.02 Carmel 981,506 405,773 575,732 5,297 13,654 556,782 100.0% 8/1/2016  
9.03 Fishers II 752,110 355,033 397,077 2,406 13,621 381,050 98.4% 8/1/2016  
9.04 Greenwood 718,221 316,804 401,417 2,203 12,164 387,050 100.0% 8/1/2016  
9.05 Fishers I 543,004 238,336 304,668 4,372 7,876 292,420 100.0% 8/1/2016  
9.06 Plainfield 663,839 309,566 354,273 2,740 10,606 340,927 99.1% 8/1/2016  
9.07 Noblesville I 258,052 147,311 110,741 4,927 3,652 102,162 100.0% 8/1/2016  
9.08 Noblesville II 169,435 91,782 77,652 811 3,150 73,691 100.0% 8/1/2016  
10 Sixty Soho 14,297,832 10,008,564 4,289,268 571,913 0 3,717,355 87.3% 6/30/2016 433
11 Hyatt House Philadelphia/King of Prussia 7,501,534 4,508,656 2,992,878 287,581 0 2,705,297 82.1% 6/30/2016 153
12 Crate & Barrel 4,657,505 1,896,362 2,761,143 25,176 41,961 2,694,006 100.0% 10/1/2016  
13 Peachtree Mall 13,892,159 3,861,607 10,030,552 110,592 673,710 9,246,250 90.1% 6/30/2016  
14 Fairmont Parkway 2,989,913 936,929 2,052,984 26,507 123,697 1,902,780 95.7% 6/30/2016  
15 Hilton Head Village 2,088,799 506,587 1,582,212 22,208 111,042 1,448,961 100.0% 6/30/2016  
16 24 Hour Fitness - Pleasanton 2,157,859 318,688 1,839,171 8,431 87,943 1,742,797 100.0% 10/1/2016  
17 Sterling Jewelers Corporate Headquarters FES 1,227,902 49,331 1,178,571 0 0 1,178,571 100.0% 10/1/2016  
18 Hilton Garden Inn - Memphis Southaven 4,622,635 2,830,555 1,792,080 184,905 0 1,607,175 79.0% 6/30/2016 127
19 White Marsh Portfolio 2,103,108 724,633 1,378,476 23,286 178,904 1,176,285 81.2% 8/1/2016  
19.01 White Marsh Professional Center 1,476,277 489,658 986,619 10,406 118,202 858,011 85.1% 8/1/2016  
19.02 Ridgely’s Choice 626,831 234,974 391,857 12,881 60,702 318,274 73.6% 8/1/2016  
20 At Home Portfolio 2,591,498 77,745 2,513,753 85,581 109,065 2,319,108 100.0% 10/1/2016  
20.01 15065 Creosote Road NAP NAP NAP NAP NAP NAP 100.0% 10/1/2016  
20.02 2650 West Interstate 20 NAP NAP NAP NAP NAP NAP 100.0% 10/1/2016  
20.03 1600 West Kelly Avenue NAP NAP NAP NAP NAP NAP 100.0% 10/1/2016  
20.04 2244 South Reynolds Road NAP NAP NAP NAP NAP NAP 100.0% 10/1/2016  
20.05 642 South Walnut Avenue NAP NAP NAP NAP NAP NAP 100.0% 10/1/2016  
21 53 Mercer Street 880,650 55,260 825,390 879 0 824,511 100.0% 10/1/2016  
22 HI Overland Park 5,665,526 4,447,097 1,218,429 226,621 0 991,808 63.5% 7/31/2016 96
23 Palm Terrace 1,191,915 444,175 747,740 24,000 0 723,740 99.0% 7/18/2016  
24 Wind Gap Plaza 1,441,453 486,953 954,499 14,434 96,229 843,836 93.9% 8/16/2016  
25 Hampton Inn Exton 3,557,178 2,549,135 1,008,043 142,287 0 865,756 69.9% 7/31/2016 115
26 Plaza On Main 1,097,850 211,127 886,723 14,010 93,398 779,315 94.8% 6/22/2016  
27 Dalton Avenue Plaza 1,124,257 454,267 669,991 16,279 40,222 613,489 95.7% 7/6/2016  
28 Campbell Gardens 1,377,860 674,942 702,918 27,716 0 675,202 93.3% 9/1/2016  
29 Bay Pointe 870,237 377,061 493,176 18,500 0 474,676 98.6% 7/18/2016  
30 The Crest Apartments 681,737 217,056 464,681 13,728 0 450,953 100.0% 7/18/2016  
31 Fairfield Inn Avon 2,152,141 1,309,466 842,676 86,086 0 756,590 68.3% 5/31/2016 104
32 Foothill Plaza 963,685 319,541 644,144 23,018 43,458 577,667 92.8% 6/30/2016  
33 Milford Landing Shopping Center 944,081 225,229 718,852 6,633 44,222 667,997 99.4% 5/31/2016  
34 Markets At Mesa Ridge 1,011,653 312,642 699,011 0 0 699,011 100.0% 7/31/2016  
35 313-315 W Muhammad Ali Boulevard 674,616 167,525 507,091 14,790 44,493 447,808 100.0% 10/1/2016  
36 Holiday Inn Express & Suites Emporia 1,916,419 1,269,934 646,486 76,657 0 569,829 75.4% 6/30/2016 89
37 Country Inn and Suites Savannah Airport 1,926,119 1,318,279 607,840 77,045 0 530,795 73.9% 4/30/2016 87
38 Maple Wayview Apartments 868,104 441,850 426,255 27,500 0 398,755 97.3% 7/1/2016  
39 Holiday Inn Express - Yulee 1,728,337 1,002,242 726,095 69,133 0 656,962 62.6% 5/31/2016 104
40 Casa Meadows 569,208 212,970 356,237 12,250 0 343,987 100.0% 7/18/2016  
41 Park West Office 1,017,519 449,913 567,606 21,914 56,866 488,826 97.9% 7/18/2016  
42 Watkinsville Self Storage 736,770 336,739 400,031 18,216 0 381,815 Various Various  
42.01 67 Greensboro Highway 544,858 264,488 280,371 12,232 0 268,139 99.3% 5/26/2016  
42.02 36 Arnoldsville Road 191,912 72,252 119,661 5,984 0 113,677 83.5% 6/14/2016  
43 Brookhaven Plaza 526,021 98,111 427,910 8,513 20,689 398,708 96.5% 8/8/2016  
44 Studio Pointe 488,134 183,018 305,116 10,500 0 294,616 97.6% 7/18/2016  
45 Rose Pointe 496,761 193,929 302,832 13,262 0 289,570 97.4% 7/18/2016  
46 Synchrony Financial Expansion - 975 Keller Rd. 564,657 145,178 419,480 3,762 18,614 397,104 100.0% 10/1/2016  
47 DuVal Enterprises Building 1,161,067 535,491 625,576 15,115 64,202 546,259 94.7% 8/1/2016  
48 Walgreens - Reedsburg 261,920 2,619 259,301 1,482 0 257,819 100.0% 10/1/2016  
49 Shops at Walmart 297,616 50,248 247,368 2,459 16,656 228,254 100.0% 8/31/2016  
50 Suwanee Point 275,352 93,842 181,510 5,608 19,258 156,644 100.0% 7/25/2016  

 

A-1-7

 

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

 

Mortgage Loan Number(1) Property Name U/W Hotel RevPAR Most Recent Period 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(10) Second Most Recent Revenues ($)(10)
1 QLIC   Annualized 3 6/30/2016 9,836,024 2,986,498 6,849,526 0 6,849,526     NAV NAV
2 Novo Nordisk   TTM 5/31/2016 24,599,348 9,911,492 14,687,857 0 14,687,857     Actual 2015 24,562,154
3 Rentar Plaza   TTM 6/30/2016 24,383,651 11,274,905 13,108,746 0 13,108,746     Actual 2015 24,453,413
4 909 Poydras   TTM 5/31/2016 8,651,451 4,434,102 4,217,349 0 4,217,349     Actual 2015 8,788,693
5 The Falls   TTM 5/31/2016 26,377,646 7,484,686 18,892,960 0 18,892,960     Actual 2015 26,592,149
6 Cassa Times Square Mixed-Use 204 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
7 Plaza Mexico – Los Angeles   TTM 2/29/2016 13,878,877 4,353,659 9,525,218 0 9,525,218     Actual 2015 13,823,456
8 333 North Bedford   TTM 5/31/2016 9,166,659 2,387,781 6,778,878 0 6,778,878     Actual 2015 9,012,571
9 Yeager Portfolio   TTM 6/30/2016 5,362,340 2,364,492 2,997,848 0 2,997,848     Actual 2015 5,165,129
9.01 Frisco   TTM 6/30/2016 1,210,671 455,537 755,134 0 755,134     Actual 2015 1,107,396
9.02 Carmel   TTM 6/30/2016 1,021,005 404,018 616,987 0 616,987     Actual 2015 1,006,340
9.03 Fishers II   TTM 6/30/2016 774,258 358,204 416,055 0 416,055     Actual 2015 753,402
9.04 Greenwood   TTM 6/30/2016 725,971 319,298 406,673 0 406,673     Actual 2015 687,905
9.05 Fishers I   TTM 6/30/2016 556,680 246,516 310,164 0 310,164     Actual 2015 544,065
9.06 Plainfield   TTM 6/30/2016 661,405 323,466 337,939 0 337,939     Actual 2015 658,470
9.07 Noblesville I   TTM 6/30/2016 260,334 150,970 109,364 0 109,364     Actual 2015 245,476
9.08 Noblesville II   TTM 6/30/2016 152,017 106,483 45,534 0 45,534     Actual 2015 162,075
10 Sixty Soho 378 TTM 6/30/2016 14,297,686 10,463,852 3,833,834 0 3,833,834 433 378 Actual 2015 12,803,548
11 Hyatt House Philadelphia/King of Prussia 122 TTM 6/30/2016 7,673,897 4,580,364 3,093,533 0 3,093,533 152 125 Actual 2015 7,494,772
12 Crate & Barrel   TTM 7/31/2016 4,832,859 1,807,675 3,025,184 0 3,025,184     Actual 2015 4,638,073
13 Peachtree Mall   TTM 6/30/2016 13,770,809 3,875,594 9,895,215 0 9,895,215     Actual 2015 13,161,383
14 Fairmont Parkway   Annualized 11 7/31/2016 2,932,960 891,185 2,041,775 0 2,041,775     Actual 2015 2,968,616
15 Hilton Head Village   TTM 6/30/2016 2,164,575 537,212 1,627,363 0 1,627,363     Actual 2015 2,116,020
16 24 Hour Fitness - Pleasanton   TTM 6/30/2016 2,023,416 6,610 2,016,806 0 2,016,806     Actual 2015 2,023,416
17 Sterling Jewelers Corporate Headquarters FES   TTM 6/30/2016 1,125,000 35,198 1,089,802 0 1,089,802     Actual 2015 1,125,000
18 Hilton Garden Inn - Memphis Southaven 100 TTM 6/30/2016 4,622,635 2,835,162 1,787,473 0 1,787,473 127 100 Actual 2015 4,466,915
19 White Marsh Portfolio   TTM 5/31/2016 2,305,278 759,833 1,545,445 0 1,545,445     Actual 2015 2,269,420
19.01 White Marsh Professional Center   TTM 5/31/2016 1,419,204 500,219 918,985 0 918,985     Actual 2015 1,415,039
19.02 Ridgely’s Choice   TTM 5/31/2016 886,074 259,614 626,460 0 626,460     Actual 2015 854,381
20 At Home Portfolio   NAV NAV NAV NAV NAV NAV     NAV NAV
20.01 15065 Creosote Road   NAV NAV NAV NAV NAV NAV     NAV NAV
20.02 2650 West Interstate 20   NAV NAV NAV NAV NAV NAV     NAV NAV
20.03 1600 West Kelly Avenue   NAV NAV NAV NAV NAV NAV     NAV NAV
20.04 2244 South Reynolds Road   NAV NAV NAV NAV NAV NAV     NAV NAV
20.05 642 South Walnut Avenue   NAV NAV NAV NAV NAV NAV     NAV NAV
21 53 Mercer Street   NAV NAV NAV NAV NAV NAV     NAV NAV
22 HI Overland Park 61 TTM 7/31/2016 5,681,109 4,439,983 1,241,126 0 1,241,126 96 61 Actual 2015 5,586,688
23 Palm Terrace   TTM 5/31/2016 1,218,123 450,037 768,085 0 768,085     Actual 2015 1,205,608
24 Wind Gap Plaza   TTM 7/31/2016 1,474,953 483,471 991,482 0 991,482     Actual 2015 1,401,477
25 Hampton Inn Exton 81 TTM 7/31/2016 3,626,373 2,575,347 1,051,026 0 1,051,026 115 81 Actual 2015 3,703,299
26 Plaza On Main   TTM 6/30/2016 807,904 177,700 630,204 0 630,204     Actual 2015 629,951
27 Dalton Avenue Plaza   TTM 6/30/2016 1,061,545 403,174 658,371 0 658,371     Actual 2015 1,067,671
28 Campbell Gardens   TTM 6/30/2016 1,377,860 681,705 696,155 0 696,155     Actual 2015 1,338,056
29 Bay Pointe   TTM 5/31/2016 891,139 380,452 510,687 0 510,687     Actual 2015 885,828
30 The Crest Apartments   TTM 5/31/2016 699,857 219,672 480,185 0 480,185     Actual 2015 689,822
31 Fairfield Inn Avon 72 TTM 5/31/2016 2,192,127 1,249,778 942,350 0 942,350 105 72 Actual 2015 2,116,930
32 Foothill Plaza   TTM 6/30/2016 1,012,732 318,503 694,229 0 694,229     Actual 2015 1,031,819
33 Milford Landing Shopping Center   TTM 6/30/2016 982,570 222,364 760,207 0 760,207     Actual 2015 992,316
34 Markets At Mesa Ridge   TTM 7/31/2016 1,008,440 242,002 766,438 -878 767,316     Actual 2015 1,017,065
35 313-315 W Muhammad Ali Boulevard   TTM 6/30/2016 684,353 152,366 531,987 0 531,987     Actual 2015 675,905
36 Holiday Inn Express & Suites Emporia 67 TTM 6/30/2016 1,921,670 1,180,634 741,036 76,867 664,169 89 67 Actual 2015 1,880,350
37 Country Inn and Suites Savannah Airport 64 TTM 4/30/2016 1,931,396 1,237,416 693,980 0 693,980 87 64 Actual 2015 1,992,697
38 Maple Wayview Apartments   TTM 6/30/2016 816,323 433,028 383,295 27,500 355,795     Actual 2015 690,115
39 Holiday Inn Express - Yulee 65 TTM 5/31/2016 1,733,072 995,825 737,247 0 737,247 104 65 Actual 2015 1,619,483
40 Casa Meadows   TTM 5/31/2016 560,782 215,655 345,127 0 345,127     Actual 2015 547,461
41 Park West Office   TTM 5/31/2016 802,932 426,186 376,746 0 376,746     NAV NAV
42 Watkinsville Self Storage   TTM 4/30/2016 728,313 313,039 415,274 0 415,274     Various 550,070
42.01 67 Greensboro Highway   TTM 4/30/2016 558,074 246,056 312,018 0 312,018     Actual 2015 550,070
42.02 36 Arnoldsville Road   TTM 4/30/2016 170,240 66,983 103,257 0 103,257     NAV NAV
43 Brookhaven Plaza   TTM 5/31/2016 490,398 96,655 393,744 26,432 367,312     Actual 2015 473,046
44 Studio Pointe   TTM 5/31/2016 491,838 186,329 305,509 0 305,509     Actual 2015 493,531
45 Rose Pointe   TTM 5/31/2016 496,089 196,035 300,055 0 300,055     Actual 2015 481,639
46 Synchrony Financial Expansion - 975 Keller Rd.   NAV NAV NAV NAV NAV NAV     NAV NAV
47 DuVal Enterprises Building   TTM 5/31/2016 1,147,715 466,660 681,055 0 681,055     Actual 2015 1,100,708
48 Walgreens - Reedsburg   Annualized 6 6/30/2016 270,000 0 270,000 0 270,000     Actual 2015 270,000
49 Shops at Walmart   TTM 6/30/2016 415,544 61,014 354,530 0 354,530     Actual 2015 404,400
50 Suwanee Point   TTM 6/30/2016 283,351 100,637 182,714 0 182,714     Actual 2015 271,640

 

A-1-8

 

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

 

Mortgage Loan Number(1) Property Name Second Most Recent Expenses ($)(10) Second Most Recent NOI ($)(10) Second Most Recent Capital Expenditures(10) Second Most Recent NCF ($)(10) Second Most Recent Hotel ADR Second Most Recent Hotel RevPAR Third Most Recent Period(10) Third Most Recent Revenues ($)(10) Third Most Recent Expenses ($)(10) Third Most Recent NOI ($)(10)
1 QLIC NAV NAV NAV NAV     NAV NAV NAV NAV
2 Novo Nordisk 10,163,040 14,399,114 0 14,399,114     Actual 2014 24,738,338 10,261,687 14,476,650
3 Rentar Plaza 11,580,671 12,872,742 0 12,872,742     Actual 2014 23,466,573 11,130,209 12,336,364
4 909 Poydras 4,365,137 4,423,556 0 4,423,556     Actual 2014 8,368,492 4,496,902 3,871,590
5 The Falls 7,831,336 18,760,813 0 18,760,813     Actual 2014 26,306,241 8,114,149 18,192,092
6 Cassa Times Square Mixed-Use NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
7 Plaza Mexico – Los Angeles 4,450,502 9,372,954 0 9,372,954     Actual 2014 13,558,561 4,600,012 8,958,550
8 333 North Bedford 2,382,282 6,630,288 0 6,630,288     Actual 2014 8,550,772 2,221,304 6,329,468
9 Yeager Portfolio 2,220,847 2,944,282 0 2,944,282     Actual 2014 4,338,962 1,918,858 2,420,104
9.01 Frisco 407,553 699,843 0 699,843     Actual 2014 420,870 210,401 210,469
9.02 Carmel 381,958 624,382 0 624,382     Actual 2014 967,490 374,533 592,957
9.03 Fishers II 336,692 416,710 0 416,710     Actual 2014 719,003 304,969 414,034
9.04 Greenwood 308,463 379,442 0 379,442     Actual 2014 641,897 272,925 368,972
9.05 Fishers I 225,515 318,550 0 318,550     Actual 2014 521,301 229,326 291,975
9.06 Plainfield 327,117 331,353 0 331,353     Actual 2014 661,728 294,592 367,136
9.07 Noblesville I 140,951 104,525 0 104,525     Actual 2014 231,558 149,542 82,016
9.08 Noblesville II 92,598 69,477 0 69,477     Actual 2014 175,115 82,570 92,545
10 Sixty Soho 9,985,776 2,817,772 0 2,817,772 405 342 Actual 2014 12,565,888 11,870,867 695,021
11 Hyatt House Philadelphia/King of Prussia 4,498,601 2,996,171 0 2,996,171 149 122 Actual 2014 7,371,181 4,374,525 2,996,656
12 Crate & Barrel 1,777,887 2,860,186 0 2,860,186     Actual 2014 4,591,081 1,845,481 2,745,600
13 Peachtree Mall 3,853,477 9,307,906 0 9,307,906     Actual 2014 13,807,120 4,019,990 9,787,129
14 Fairmont Parkway 1,014,822 1,953,794 0 1,953,794     Actual 2014 2,869,310 870,549 1,998,760
15 Hilton Head Village 545,897 1,570,123 0 1,570,123     Actual 2014 2,059,456 565,103 1,494,354
16 24 Hour Fitness - Pleasanton 8,123 2,015,293 0 2,015,293     Actual 2014 2,001,737 4,324 1,997,412
17 Sterling Jewelers Corporate Headquarters FES 31,907 1,093,093 0 1,093,093     Actual 2014 1,125,000 30,722 1,094,278
18 Hilton Garden Inn - Memphis Southaven 2,768,680 1,698,235 0 1,698,235 124 96 Actual 2014 4,427,807 2,665,228 1,762,579
19 White Marsh Portfolio 764,593 1,504,827 0 1,504,827     Actual 2014 2,172,797 779,556 1,393,241
19.01 White Marsh Professional Center 514,079 900,960 0 900,960     Actual 2014 1,359,032 554,897 804,135
19.02 Ridgely’s Choice 250,514 603,867 0 603,867     Actual 2014 813,765 224,659 589,106
20 At Home Portfolio NAV NAV NAV NAV     NAV NAV NAV NAV
20.01 15065 Creosote Road NAV NAV NAV NAV     NAV NAV NAV NAV
20.02 2650 West Interstate 20 NAV NAV NAV NAV     NAV NAV NAV NAV
20.03 1600 West Kelly Avenue NAV NAV NAV NAV     NAV NAV NAV NAV
20.04 2244 South Reynolds Road NAV NAV NAV NAV     NAV NAV NAV NAV
20.05 642 South Walnut Avenue NAV NAV NAV NAV     NAV NAV NAV NAV
21 53 Mercer Street NAV NAV NAV NAV     NAV NAV NAV NAV
22 HI Overland Park 4,307,653 1,279,035 0 1,279,035 93 60 Actual 2014 4,961,020 4,008,758 952,262
23 Palm Terrace 462,087 743,521 0 743,521     Actual 2014 1,129,034 501,342 627,692
24 Wind Gap Plaza 483,264 918,213 0 918,213     Actual 2014 1,397,491 440,353 957,139
25 Hampton Inn Exton 2,558,820 1,144,479 0 1,144,479 116 82 Actual 2014 3,671,358 2,657,221 1,014,137
26 Plaza On Main 182,486 447,465 0 447,465     Actual 2014 612,705 189,454 423,251
27 Dalton Avenue Plaza 458,658 609,013 0 609,013     Actual 2014 1,084,107 410,388 673,719
28 Campbell Gardens 664,034 674,022 0 674,022     Actual 2014 1,301,017 613,333 687,684
29 Bay Pointe 353,424 532,404 0 532,404     Actual 2014 790,257 364,086 426,171
30 The Crest Apartments 235,004 454,818 0 454,818     Actual 2014 622,807 226,607 396,200
31 Fairfield Inn Avon 1,326,542 790,388 0 790,388 106 69 Actual 2014 1,924,545 1,148,636 775,910
32 Foothill Plaza 318,423 713,396 0 713,396     Actual 2014 988,280 311,542 676,738
33 Milford Landing Shopping Center 221,126 771,190 0 771,190     Actual 2014 873,444 221,592 651,852
34 Markets At Mesa Ridge 357,431 659,634 19,963 639,671     Actual 2014 987,915 332,285 655,630
35 313-315 W Muhammad Ali Boulevard 172,075 503,830 0 503,830     Actual 2014 659,419 165,844 493,575
36 Holiday Inn Express & Suites Emporia 1,172,783 707,567 75,214 632,353 87 65 Actual 2014 1,756,947 1,145,728 611,219
37 Country Inn and Suites Savannah Airport 1,241,697 750,999 0 750,999 87 66 Actual 2014 1,828,516 1,134,286 694,229
38 Maple Wayview Apartments 431,084 259,030 27,500 231,530     Actual 2014 622,717 354,674 268,043
39 Holiday Inn Express - Yulee 1,032,859 586,624 0 586,624 102 61 Actual 2014 1,457,215 923,121 534,094
40 Casa Meadows 208,863 338,598 0 338,598     Actual 2014 533,828 240,395 293,433
41 Park West Office NAV NAV NAV NAV     NAV NAV NAV NAV
42 Watkinsville Self Storage 246,373 303,697 0 303,697     Various 519,080 218,918 300,161
42.01 67 Greensboro Highway 246,373 303,697 0 303,697     Actual 2014 519,080 218,918 300,161
42.02 36 Arnoldsville Road NAV NAV NAV NAV     NAV NAV NAV NAV
43 Brookhaven Plaza 96,042 377,003 10,818 366,186     Actual 2014 480,145 93,573 386,572
44 Studio Pointe 185,560 307,971 0 307,971     Actual 2014 473,316 200,422 272,894
45 Rose Pointe 219,771 261,868 0 261,868     Actual 2014 471,448 196,423 275,025
46 Synchrony Financial Expansion - 975 Keller Rd. NAV NAV NAV NAV     NAV NAV NAV NAV
47 DuVal Enterprises Building 479,752 620,956 0 620,956     Actual 2014 1,073,679 458,656 615,023
48 Walgreens - Reedsburg 0 270,000 0 270,000     Actual 2014 270,000 0 270,000
49 Shops at Walmart 59,760 344,640 0 344,640     Actual 2014 434,803 64,857 369,947
50 Suwanee Point 102,186 169,454 0 169,454     Actual 2014 267,608 91,363 176,245

 

A-1-9

 

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

 

Mortgage Loan Number(1) Property Name Third Most Recent Capital Expenditures(10) Third Most Recent NCF ($)(10) Third Most Recent Hotel ADR Third Most Recent Hotel RevPAR Master Lease (Y/N) Largest Tenant Name(11)(12)(13) Largest Tenant Sq. Ft.(11)(12)(13) Largest
Tenant
% of NRA(11)(12)(13)
1 QLIC NAV NAV     N      
2 Novo Nordisk 0 14,476,650     N Novo Nordisk Inc. 594,009 78.0%
3 Rentar Plaza 0 12,336,364     Y City of New York- DS/BOE 516,115 32.9%
4 909 Poydras 0 3,871,590     N Stone Pigman Walther Wittmann LLC 42,748 7.8%
5 The Falls 0 18,192,092     N Macy’s 230,000 27.4%
6 Cassa Times Square Mixed-Use NAV NAV NAV NAV N Omoiyari Inc. 5,135 8.6%
7 Plaza Mexico – Los Angeles 0 8,958,550     N Food 4 Less 54,822 13.6%
8 333 North Bedford 0 6,329,468     N Grand Prix New York Racing 117,942 19.3%
9 Yeager Portfolio 0 2,420,104     N Various Various Various
9.01 Frisco 0 210,469     N Osky Blue 780 3.1%
9.02 Carmel 0 592,957     N Simplexity Marketing Group 724 2.4%
9.03 Fishers II 0 414,034     N Dunlap Gill Wealth Management Group 1,250 5.1%
9.04 Greenwood 0 368,972     N Einterz Law 688 2.8%
9.05 Fishers I 0 291,975     N A  Michael 567 3.4%
9.06 Plainfield 0 367,136     N Financial Solutions Group, Corp. 716 3.1%
9.07 Noblesville I 0 82,016     N Honeycomb Hair Salon 558 6.9%
9.08 Noblesville II 0 92,545     N United Chiropractic 3,300 26.2%
10 Sixty Soho 0 695,021 357 266 N      
11 Hyatt House Philadelphia/King of Prussia 0 2,996,656 144 120 N      
12 Crate & Barrel 0 2,745,600     N Crate & Barrel 167,843 100.0%
13 Peachtree Mall 0 9,787,129     N Macy’s 139,219 26.0%
14 Fairmont Parkway 0 1,998,760     N IT’Z 60,000 34.0%
15 Hilton Head Village 0 1,494,354     N Marshall’s 30,000 27.0%
16 24 Hour Fitness - Pleasanton 0 1,997,412     N 24 Hour Fitness USA, Inc. 56,206 100.0%
17 Sterling Jewelers Corporate Headquarters FES 0 1,094,278     N Sterling Jewelers, Inc. 85,686 100.0%
18 Hilton Garden Inn - Memphis Southaven 0 1,762,579 122 95 N      
19 White Marsh Portfolio 12,000 1,381,241     N Various Various Various
19.01 White Marsh Professional Center 12,000 792,135     N David B. K. Golden, M.D., F.A.C.P. and Jonathan Matz, M.D. 4,758 5.9%
19.02 Ridgely’s Choice 0 589,106     N Madison Square Federal Savings Bank 6,317 15.2%
20 At Home Portfolio NAV NAV     N At Home Holdings III, Inc. 534,881 100.0%
20.01 15065 Creosote Road NAV NAV     N At Home Holdings III, Inc. 115,574 100.0%
20.02 2650 West Interstate 20 NAV NAV     N At Home Holdings III, Inc. 109,415 100.0%
20.03 1600 West Kelly Avenue NAV NAV     N At Home Holdings III, Inc. 108,400 100.0%
20.04 2244 South Reynolds Road NAV NAV     N At Home Holdings III, Inc. 111,763 100.0%
20.05 642 South Walnut Avenue NAV NAV     N At Home Holdings III, Inc. 89,729 100.0%
21 53 Mercer Street NAV NAV     N Dolce Vita Footwear Inc. 8,785 100.0%
22 HI Overland Park 0 952,262 87 53 N      
23 Palm Terrace 0 627,692     N      
24 Wind Gap Plaza 0 957,139     N Giant Food Stores Inc 51,400 53.4%
25 Hampton Inn Exton 0 1,014,137 115 82 N      
26 Plaza On Main 0 423,251     N Immunotek Bio Centers, LLC 16,989 18.2%
27 Dalton Avenue Plaza 0 673,719     N Wakefern/Price Rite 33,369 30.7%
28 Campbell Gardens 0 687,684     N      
29 Bay Pointe 0 426,171     N      
30 The Crest Apartments 0 396,200     N      
31 Fairfield Inn Avon 0 775,910 104 64 N      
32 Foothill Plaza 0 676,738     N Ridley’s Family Market, Inc. 41,460 36.3%
33 Milford Landing Shopping Center 0 651,852     N Staples 14,605 33.0%
34 Markets At Mesa Ridge 40,319 615,311     Y Ent Federal Credit Union 3,847 13.1%
35 313-315 W Muhammad Ali Boulevard 0 493,575     N JCAO - Child Services Division 49,300 100.0%
36 Holiday Inn Express & Suites Emporia 70,278 540,941 82 61 N      
37 Country Inn and Suites Savannah Airport 0 694,229 76 61 N      
38 Maple Wayview Apartments 27,500 240,543     N      
39 Holiday Inn Express - Yulee 0 534,094 94 55 N      
40 Casa Meadows 0 293,433     N      
41 Park West Office NAV NAV     N Cape Henry Engineering 29,932 44.8%
42 Watkinsville Self Storage 0 300,161     N      
42.01 67 Greensboro Highway 0 300,161     N      
42.02 36 Arnoldsville Road NAV NAV     N      
43 Brookhaven Plaza 12,918 373,655     N Dollar Tree 8,050 23.6%
44 Studio Pointe 0 272,894     N      
45 Rose Pointe 0 275,025     N      
46 Synchrony Financial Expansion - 975 Keller Rd. NAV NAV     N Synchrony 25,080 100.0%
47 DuVal Enterprises Building 0 615,023     N N Y Wine Warehouse 11,202 20.0%
48 Walgreens - Reedsburg 0 270,000     N Walgreens 14,820 100.0%
49 Shops at Walmart 0 369,947     N Wells Fargo Bank 3,727 48.5%
50 Suwanee Point 0 176,245     N Tanners 4,800 27.4%

 

A-1-10

 

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

 

Mortgage Loan Number(1) Property Name Largest Tenant Exp. Date(11)(12)(13) 2nd Largest Tenant Name(11)(12)(13)(14) 2nd Largest Tenant Sq. Ft.(11)(12)(13)(14) 2nd Largest
Tenant
% of NRA(11)(12)(13)(14)		 2nd Largest Tenant Exp. Date(11)(12)(13)(14)
1 QLIC          
2 Novo Nordisk 4/30/2031        
3 Rentar Plaza 2/9/2021 Middle Village Associates 265,000 16.9% 9/30/2024
4 909 Poydras 10/31/2032 Sher Garner Cahill Richter Klain McAlister & Hilbert LLC 32,192 5.9% 12/31/2027
5 The Falls 7/31/2027 Bloomingdale’s 225,000 26.8% 1/28/2022
6 Cassa Times Square Mixed-Use 4/30/2026 Ronnybrook Farm Hospitality Group Inc. 3,692 6.2% 3/20/2026
7 Plaza Mexico – Los Angeles 8/23/2018 La Curacao 27,381 6.8% 1/31/2020
8 333 North Bedford 12/31/2024 Safe Havens Partners 90,031 14.7% 5/31/2022
9 Yeager Portfolio MTM Various Various Various MTM
9.01 Frisco MTM PhysVisible 464 1.9% MTM
9.02 Carmel MTM Arland Communications 702 2.4% MTM
9.03 Fishers II MTM IN Chiropractic & Wellness 560 2.3% MTM
9.04 Greenwood MTM The Driving Academy 566 2.3% MTM
9.05 Fishers I MTM Massillamany and Jeter, LLC 479 2.9% MTM
9.06 Plainfield MTM Secure Today Financial 691 3.0% MTM
9.07 Noblesville I MTM Bankruptcy Law Office of Jon Brown 436 5.4% MTM
9.08 Noblesville II MTM Fight For Small 2,100 16.7% MTM
10 Sixty Soho          
11 Hyatt House Philadelphia/King of Prussia          
12 Crate & Barrel 11/30/2025        
13 Peachtree Mall 9/1/2022 JC Penney 82,320 15.4% 11/30/2019
14 Fairmont Parkway 4/30/2022 24 Hour Fitness 40,304 22.8% 12/31/2021
15 Hilton Head Village 1/31/2021 Bed Bath & Beyond 24,710 22.3% 1/31/2021
16 24 Hour Fitness - Pleasanton 12/31/2031        
17 Sterling Jewelers Corporate Headquarters FES 1/31/2048        
18 Hilton Garden Inn - Memphis Southaven          
19 White Marsh Portfolio Various Various Various Various Various
19.01 White Marsh Professional Center 9/30/2017 NRT Mid-Atlantic, LLC Coldwell Banker Residential 4,031 5.0% 7/31/2020
19.02 Ridgely’s Choice 8/31/2021 Greater Baltimore Medical Center, Inc. t/a Greater Baltimore Medical Associates 6,277 15.1% 2/28/2019
20 At Home Portfolio 9/30/2030        
20.01 15065 Creosote Road 9/30/2030        
20.02 2650 West Interstate 20 9/30/2030        
20.03 1600 West Kelly Avenue 9/30/2030        
20.04 2244 South Reynolds Road 9/30/2030        
20.05 642 South Walnut Avenue 9/30/2030        
21 53 Mercer Street 7/31/2021        
22 HI Overland Park          
23 Palm Terrace          
24 Wind Gap Plaza 3/31/2020 Dollar Tree 9,260 9.6% 3/31/2021
25 Hampton Inn Exton          
26 Plaza On Main 10/31/2030 Furniture Liquidators USA 16,947 18.1% 5/31/2021
27 Dalton Avenue Plaza 2/28/2021 BBE 30,000 27.6% 12/31/2020
28 Campbell Gardens          
29 Bay Pointe          
30 The Crest Apartments          
31 Fairfield Inn Avon          
32 Foothill Plaza 8/31/2033 PNS Stores, Inc 37,682 33.0% 1/31/2021
33 Milford Landing Shopping Center 2/28/2021 Sleepy’s 6,500 14.7% 2/28/2020
34 Markets At Mesa Ridge 5/31/2021 SPEC OPS Liquor LLC 3,600 12.2% 9/10/2022
35 313-315 W Muhammad Ali Boulevard 12/31/2023        
36 Holiday Inn Express & Suites Emporia          
37 Country Inn and Suites Savannah Airport          
38 Maple Wayview Apartments          
39 Holiday Inn Express - Yulee          
40 Casa Meadows          
41 Park West Office 6/30/2020 Movement Mortgage 11,661 17.4% 11/30/2017
42 Watkinsville Self Storage          
42.01 67 Greensboro Highway          
42.02 36 Arnoldsville Road          
43 Brookhaven Plaza 1/31/2020 Shoe Show 7,508 22.0% 11/30/2020
44 Studio Pointe          
45 Rose Pointe          
46 Synchrony Financial Expansion - 975 Keller Rd. 1/31/2026        
47 DuVal Enterprises Building 1/31/2021 Plants Goodbye 6,937 12.4% 12/31/2026
48 Walgreens - Reedsburg 2/28/2081        
49 Shops at Walmart 9/30/2021 El Pollo Loco, Inc 2,670 34.8% 3/31/2026
50 Suwanee Point 5/31/2021 Sunshine China 1,550 8.8% 11/30/2018

 

A-1-11

 

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

 

Mortgage Loan Number(1) Property Name 3rd Largest Tenant Name(12) 3rd Largest Tenant Sq. Ft.(12) 3rd Largest
Tenant
% of NRA(12)		 3rd Largest Tenant Exp. Date(12) 4th Largest Tenant Name(11)(12)(13) 4th Largest Tenant Sq. Ft.(11)(12)(13) 4th Largest
Tenant
% of NRA(11)(12)(13)
1 QLIC              
2 Novo Nordisk              
3 Rentar Plaza Raymour and Flanigan 174,000 11.1% 3/31/2024 Kmart 146,821 9.4%
4 909 Poydras Kean Miller LLP 30,606 5.6% 10/31/2028 First Bank and Trust 30,417 5.6%
5 The Falls Regal Cinemas 39,746 4.7% 1/31/2019 The Fresh Market 21,720 2.6%
6 Cassa Times Square Mixed-Use              
7 Plaza Mexico – Los Angeles Rite Aid Corp. 19,120 4.7% 5/31/2018 Planet Fitness 16,361 4.0%
8 333 North Bedford Photo File, Inc. 42,881 7.0% 3/31/2020 Saw Mill Club East 42,693 7.0%
9 Yeager Portfolio Various Various Various MTM Various Various Various
9.01 Frisco Atomic Design & Consulting 407 1.6% MTM Alitertech, LLC 405 1.6%
9.02 Carmel Guardian Angel Hospice 673 2.3% MTM 600 The Salon 658 2.2%
9.03 Fishers II Clearlight Electronics, LLC 530 2.1% MTM Administrative Strategies 500 2.0%
9.04 Greenwood Taylor Ryan Creations Salon 440 1.8% MTM Lee & Associates 439 1.8%
9.05 Fishers I Malkoff-Hughes/ Clarity 409 2.5% MTM Wee Believers/Troparian 378 2.3%
9.06 Plainfield 1st Choice Service, Inc. 558 2.4% MTM Triangle Services, Inc. dba Maintech 433 1.9%
9.07 Noblesville I Vigilant Biosciences 401 5.0% MTM Hansen Law Firm, LLC 398 4.9%
9.08 Noblesville II Revive, LLC 2,100 16.7% MTM First Community Mortgage 2,100 16.7%
10 Sixty Soho              
11 Hyatt House Philadelphia/King of Prussia              
12 Crate & Barrel              
13 Peachtree Mall Peachtree 8 25,439 4.7% 12/31/2018 H&M 21,210 4.0%
14 Fairmont Parkway Goodwill 19,165 10.8% 3/31/2021 3K Sports 15,484 8.8%
15 Hilton Head Village Old Navy 17,332 15.6% 9/30/2021 Ulta 9,000 8.1%
16 24 Hour Fitness - Pleasanton              
17 Sterling Jewelers Corporate Headquarters FES              
18 Hilton Garden Inn - Memphis Southaven              
19 White Marsh Portfolio Various Various Various Various Various Various Various
19.01 White Marsh Professional Center Eastern Regional Insurance, LLC 3,737 4.7% 11/30/2018 Your Health Network Inc. 3,556 4.4%
19.02 Ridgely’s Choice MedStar Urgent Care, LLC 3,648 8.8% 6/30/2023 Steamship Trade Association of Baltimore, Inc. 3,210 7.7%
20 At Home Portfolio              
20.01 15065 Creosote Road              
20.02 2650 West Interstate 20              
20.03 1600 West Kelly Avenue              
20.04 2244 South Reynolds Road              
20.05 642 South Walnut Avenue              
21 53 Mercer Street              
22 HI Overland Park              
23 Palm Terrace              
24 Wind Gap Plaza Advance Auto Parts 8,050 8.4% 1/31/2021 Rent-A-Center Store 5,360 5.6%
25 Hampton Inn Exton              
26 Plaza On Main Moran Foods, Inc dba Save A Lot 16,528 17.7% 3/31/2020 Family Dollar Stores of Florida, Inc. 9,100 9.7%
27 Dalton Avenue Plaza Jo-Ann’s 11,714 10.8% 1/31/2022 Goodwill 8,150 7.5%
28 Campbell Gardens              
29 Bay Pointe              
30 The Crest Apartments              
31 Fairfield Inn Avon              
32 Foothill Plaza Sizzling Platter, LLC 5,798 5.1% 7/15/2023 Alameda Pet Hospital 4,360 3.8%
33 Milford Landing Shopping Center Smoker’s Choice 5,000 11.3% 9/30/2020 Sherwin Williams 4,041 9.1%
34 Markets At Mesa Ridge Birdie, Inc., a Colorado Corp 2,700 9.2% 5/31/2018 Dragon King LLC 2,356 8.0%
35 313-315 W Muhammad Ali Boulevard              
36 Holiday Inn Express & Suites Emporia              
37 Country Inn and Suites Savannah Airport              
38 Maple Wayview Apartments              
39 Holiday Inn Express - Yulee              
40 Casa Meadows              
41 Park West Office Leidos, Inc. 10,062 15.0% 5/31/2018 Legal Benefits, Inc. 8,360 12.5%
42 Watkinsville Self Storage              
42.01 67 Greensboro Highway              
42.02 36 Arnoldsville Road              
43 Brookhaven Plaza Rue 21 5,000 14.7% 1/31/2021 Enliven 2,293 6.7%
44 Studio Pointe              
45 Rose Pointe              
46 Synchrony Financial Expansion - 975 Keller Rd.              
47 DuVal Enterprises Building Manna 6,289 11.2% 1/31/2019 Plant Specialists,LLC 5,780 10.3%
48 Walgreens - Reedsburg              
49 Shops at Walmart Red Persimmon Salon 1,286 16.7% 8/31/2021      
50 Suwanee Point Chiropractic 1,550 8.8% 12/31/2018 Subway 1,520 8.7%

 

A-1-12

 

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

 

Mortgage Loan Number(1) Property Name 4th Largest Tenant Exp. Date(11)(12)(13) 5th Largest Tenant Name(11)(12)(14) 5th Largest Tenant Sq. Ft.(11)(12)(14) 5th Largest
Tenant
% of NRA(11)(12)(14)
1 QLIC        
2 Novo Nordisk        
3 Rentar Plaza 1/31/2019 City of New York- DOT 120,000 7.7%
4 909 Poydras 3/31/2026 Barrasso, Usdin, Kupperman, Freeman & Sarver LLC 28,592 5.2%
5 The Falls 8/31/2022 American Girl 15,840 1.9%
6 Cassa Times Square Mixed-Use        
7 Plaza Mexico – Los Angeles 9/30/2026 Chuck-E-Cheese 12,116 3.0%
8 333 North Bedford 12/31/2020 C&C North America 31,454 5.1%
9 Yeager Portfolio MTM Various Various Various
9.01 Frisco MTM Sereneco Wellness 380 1.5%
9.02 Carmel MTM Bliss Hair Design 526 1.8%
9.03 Fishers II MTM Diamond Residential Mortgage Corp. 499 2.0%
9.04 Greenwood MTM Sunstone Counseling Center 403 1.7%
9.05 Fishers I MTM Brightstone Advisors/Jeff Sturgis 378 2.3%
9.06 Plainfield MTM Customer Service Associates, LLC 428 1.9%
9.07 Noblesville I MTM Harper Global 367 4.5%
9.08 Noblesville II MTM Rivers Edge Family Natural Health 2,100 16.7%
10 Sixty Soho        
11 Hyatt House Philadelphia/King of Prussia        
12 Crate & Barrel        
13 Peachtree Mall 1/31/2026 Encore 13,159 2.5%
14 Fairmont Parkway 1/31/2017 Regency Beauty Institute 6,000 3.4%
15 Hilton Head Village 10/31/2022 Palmetto Moon 8,000 7.2%
16 24 Hour Fitness - Pleasanton        
17 Sterling Jewelers Corporate Headquarters FES        
18 Hilton Garden Inn - Memphis Southaven        
19 White Marsh Portfolio Various Various Various Various
19.01 White Marsh Professional Center 10/31/2023 Stearns Lending LLC 3,545 4.4%
19.02 Ridgely’s Choice 7/31/2021 Deltex Management, LLC 2,340 5.6%
20 At Home Portfolio        
20.01 15065 Creosote Road        
20.02 2650 West Interstate 20        
20.03 1600 West Kelly Avenue        
20.04 2244 South Reynolds Road        
20.05 642 South Walnut Avenue        
21 53 Mercer Street        
22 HI Overland Park        
23 Palm Terrace        
24 Wind Gap Plaza 4/30/2017 Wine & Spirits 3,000 3.1%
25 Hampton Inn Exton        
26 Plaza On Main 12/31/2021 Worry Free Rentals, DBA Own It Now 6,850 7.3%
27 Dalton Avenue Plaza 7/31/2017 Benson’s Pet Center 7,820 7.2%
28 Campbell Gardens        
29 Bay Pointe        
30 The Crest Apartments        
31 Fairfield Inn Avon        
32 Foothill Plaza 11/30/2018 Chang’s Garden Restaurant 3,000 2.6%
33 Milford Landing Shopping Center 5/31/2021 Olympia Sports 3,924 8.9%
34 Markets At Mesa Ridge 12/31/2019 Fountain TaeKwonDo Academy 2,160 7.3%
35 313-315 W Muhammad Ali Boulevard        
36 Holiday Inn Express & Suites Emporia        
37 Country Inn and Suites Savannah Airport        
38 Maple Wayview Apartments        
39 Holiday Inn Express - Yulee        
40 Casa Meadows        
41 Park West Office 4/30/2020 Guaranteed Rate, Inc. 2,835 4.2%
42 Watkinsville Self Storage        
42.01 67 Greensboro Highway        
42.02 36 Arnoldsville Road        
43 Brookhaven Plaza 5/31/2021 AT & T Wireless 1,600 4.7%
44 Studio Pointe        
45 Rose Pointe        
46 Synchrony Financial Expansion - 975 Keller Rd.        
47 DuVal Enterprises Building Multiple Leases -- 2,379 expiring square feet 6/30/2025; 3,401 square feet expiring 7/31/2025 Foundry 4,048 7.2%
48 Walgreens - Reedsburg        
49 Shops at Walmart        
50 Suwanee Point 3/31/2022 Dry Cleaners 1,480 8.4%

 

A-1-13

 

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

 

Mortgage Loan Number(1) Property Name 5th Largest Tenant Exp. Date(11)(12)(14) Engineering Report Date Environmental Report Date (Phase I) Environmental Report Date (Phase II) Seismic Report Date Seismic PML % Seismic Insurance Required (Y/N) Terrorism Insurance (Y/N) Loan Purpose Engineering Escrow / Deferred Maintenance ($) Tax Escrow (Initial)
1 QLIC   12/20/2015 9/12/2016       N Y Refinance 8,023,541 9,870
2 Novo Nordisk   8/10/2016 8/18/2016       N Y Acquisition 0 931,323
3 Rentar Plaza 9/30/2018 6/19/2016 7/19/2016       N Y Refinance 0 1,311,902
4 909 Poydras 12/31/2019 8/1/2016 8/1/2016       N Y Refinance 0 661,595
5 The Falls 2/28/2023 7/22/2016 7/22/2016       N Y Refinance 0 0
6 Cassa Times Square Mixed-Use   2/29/2016 2/29/2016       N Y Refinance 0 314,664
7 Plaza Mexico – Los Angeles 12/31/2018 3/18/2016 3/18/2016   3/18/2016 13.0% N Y Refinance 50,500 289,261
8 333 North Bedford 3/31/2018 7/21/2016 7/15/2016       N Y Refinance 860,966 15,703
9 Yeager Portfolio MTM 8/3/2016 Various       N Y Refinance 40,103 81,166
9.01 Frisco MTM 8/3/2016 8/2/2016       N Y      
9.02 Carmel MTM 8/3/2016 7/28/2016       N Y      
9.03 Fishers II MTM 8/3/2016 8/3/2016       N Y      
9.04 Greenwood MTM 8/3/2016 8/3/2016       N Y      
9.05 Fishers I MTM 8/3/2016 7/29/2016       N Y      
9.06 Plainfield MTM 8/3/2016 8/3/2016       N Y      
9.07 Noblesville I MTM 8/3/2016 7/26/2016       N Y      
9.08 Noblesville II MTM 8/3/2016 7/28/2016       N Y      
10 Sixty Soho   7/14/2016 7/13/2016       N Y Refinance 20,038 274,110
11 Hyatt House Philadelphia/King of Prussia   5/13/2016 5/13/2016       N Y Refinance 0 315,226
12 Crate & Barrel   11/11/2015 11/12/2015       N Y Refinance 0 0
13 Peachtree Mall 7/31/2025 10/15/2015 10/16/2015       N Y Refinance 0 0
14 Fairmont Parkway 2/28/2018 9/9/2016 9/8/2016       N Y Acquisition 0 430,000
15 Hilton Head Village 11/14/2017 3/14/2016 3/15/2016       N Y Refinance 0 84,561
16 24 Hour Fitness - Pleasanton   8/3/2016 8/3/2016   8/3/2016 14.0% N Y Refinance 17,013 0
17 Sterling Jewelers Corporate Headquarters FES   8/30/2016 8/25/2016       N Y Refinance 0 104,406
18 Hilton Garden Inn - Memphis Southaven   2/2/2016 1/29/2016   1/29/2016 6.0% N Y Refinance 6,250 99,731
19 White Marsh Portfolio Various 7/18/2016 7/18/2016       N Y Acquisition 146,250 59,597
19.01 White Marsh Professional Center 5/31/2019 7/18/2016 7/18/2016       N Y      
19.02 Ridgely’s Choice 7/31/2018 7/18/2016 7/18/2016       N Y      
20 At Home Portfolio   8/19/2015 Various       N Y Acquisition 0 0
20.01 15065 Creosote Road   8/19/2015 8/19/2015       N Y      
20.02 2650 West Interstate 20   8/19/2015 8/19/2015       N Y      
20.03 1600 West Kelly Avenue   8/19/2015 8/17/2015       N Y      
20.04 2244 South Reynolds Road   8/19/2015 8/19/2015       N Y      
20.05 642 South Walnut Avenue   8/19/2015 8/19/2015       N Y      
21 53 Mercer Street   7/13/2016 7/5/2016       N Y Refinance 1,750 23,909
22 HI Overland Park   8/11/2016 8/10/2016       N Y Refinance 104,375 93,634
23 Palm Terrace   6/22/2016 6/22/2016   6/23/2016 17.0% N Y Refinance 0 32,133
24 Wind Gap Plaza 6/30/2023 7/8/2016 7/8/2016       N Y Refinance 0 31,288
25 Hampton Inn Exton   6/3/2016 6/2/2016       N Y Refinance 56,541 11,989
26 Plaza On Main 2/28/2022 6/13/2016 6/10/2016       N Y Refinance 0 45,407
27 Dalton Avenue Plaza 8/31/2018 6/29/2016 6/29/2016       N Y Refinance 0 22,609
28 Campbell Gardens   6/10/2016 6/10/2016       N Y Acquisition 82,556 45,769
29 Bay Pointe   6/22/2016 6/22/2016   6/22/2016 10.0% N Y Refinance 5,156 38,688
30 The Crest Apartments   6/22/2016 6/22/2016   6/22/2016 19.0% N Y Refinance 0 20,695
31 Fairfield Inn Avon   4/21/2016 4/21/2016       N Y Acquisition 0 13,847
32 Foothill Plaza 8/31/2020 7/14/2016 7/18/2016   7/18/2016 6.0% N Y Refinance 216,919 49,681
33 Milford Landing Shopping Center 1/31/2018 6/30/2016 6/30/2016       N Y Refinance 0 49,471
34 Markets At Mesa Ridge 10/31/2021 3/10/2016 5/12/2016       N Y Acquisition 0 35,000
35 313-315 W Muhammad Ali Boulevard   3/3/2016 3/4/2016       N Y Refinance 12,500 0
36 Holiday Inn Express & Suites Emporia   8/1/2016 8/1/2016       N Y Refinance 0 30,359
37 Country Inn and Suites Savannah Airport   3/29/2016 3/29/2016       N Y Refinance 6,688 62,411
38 Maple Wayview Apartments   6/30/2016 7/1/2016       N Y Acquisition 45,161 17,150
39 Holiday Inn Express - Yulee   6/17/2016 6/17/2016       N Y Refinance 0 35,105
40 Casa Meadows   6/22/2016 6/22/2016   6/22/2016 17.0% N Y Refinance 4,938 15,156
41 Park West Office 6/30/2019 7/13/2016 7/13/2016       N Y Refinance 0 13,129
42 Watkinsville Self Storage   Various Various       N Y Refinance & Acquisition 56,625 24,957
42.01 67 Greensboro Highway   6/3/2016 6/3/2016       N Y      
42.02 36 Arnoldsville Road   6/16/2016 6/15/2016       N Y      
43 Brookhaven Plaza 3/3/2017 7/27/2016 7/25/2016       N Y Refinance 4,250 29,848
44 Studio Pointe   6/22/2016 6/22/2016   6/22/2016 13.0% N Y Refinance 15,750 19,626
45 Rose Pointe   6/22/2016 6/22/2016   6/22/2016 13.0% N Y Refinance 1,875 17,726
46 Synchrony Financial Expansion - 975 Keller Rd.   7/15/2016 7/15/2016       N Y Acquisition 0 44,030
47 DuVal Enterprises Building 12/31/2026 6/28/2016 7/6/2016       N Y Refinance 0 0
48 Walgreens - Reedsburg   6/26/2016 7/26/2016       N N Refinance 0 0
49 Shops at Walmart   7/29/2016         N Y Refinance 0 0
50 Suwanee Point 12/31/2018 8/16/2016 8/5/2016       N Y Refinance 0 2,132

 

A-1-14

 

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

 

Mortgage Loan Number(1) Property Name Monthly Tax Escrow ($) Tax Escrow - Cash or LoC Tax Escrow - LoC Counterparty Insurance Escrow (Initial) Monthly Insurance Escrow ($) Insurance Escrow - Cash or LoC Insurance Escrow - LoC Counterparty Upfront Replacement Reserve ($) Monthly Replacement Reserve ($)(15)
1 QLIC 9,870 Cash   0 Springing     0 7,017
2 Novo Nordisk 465,662 Cash   39,186 19,593 Cash   0 3,656
3 Rentar Plaza 437,301 Cash   230,316 Springing Cash   0 13,060
4 909 Poydras 73,511 Cash   205,370 41,074 Cash   1,428,000 6,814
5 The Falls Springing     0 Springing     0 Springing
6 Cassa Times Square Mixed-Use 78,666 Cash   55,834 5,583 Cash   0 See Footnote (15)
7 Plaza Mexico – Los Angeles 57,852 Cash   53,346 8,891 Cash   0 5,051
8 333 North Bedford 120,633 Cash   127,612 10,634 Cash   0 5,100
9 Yeager Portfolio 40,583 Cash   25,388 4,231 Cash   0 2,997
9.01 Frisco                  
9.02 Carmel                  
9.03 Fishers II                  
9.04 Greenwood                  
9.05 Fishers I                  
9.06 Plainfield                  
9.07 Noblesville I                  
9.08 Noblesville II                  
10 Sixty Soho 137,055 Cash   74,414 12,402 Cash   0 Springing
11 Hyatt House Philadelphia/King of Prussia 30,733 Cash   0 Springing     0 23,937; Springing
12 Crate & Barrel Springing     0 Springing     0 Springing
13 Peachtree Mall Springing     0 Springing     0 Springing
14 Fairmont Parkway 43,000 Cash   16,384 8,192 Cash   2,111 2,111
15 Hilton Head Village 14,094 Cash   11,415 2,210 Cash   0 1,851
16 24 Hour Fitness - Pleasanton Springing     4,070 2,035 Cash   0 703
17 Sterling Jewelers Corporate Headquarters FES Springing Cash   2,785 Springing Cash   0 1,428
18 Hilton Garden Inn - Memphis Southaven 9,409 Cash   16,383 4,551 Cash   0 Springing
19 White Marsh Portfolio 16,555 Cash   7,425 2,856 Cash   0 2,533
19.01 White Marsh Professional Center                  
19.02 Ridgely’s Choice                  
20 At Home Portfolio Springing     0 Springing     0 Springing
20.01 15065 Creosote Road                  
20.02 2650 West Interstate 20                  
20.03 1600 West Kelly Avenue                  
20.04 2244 South Reynolds Road                  
20.05 642 South Walnut Avenue                  
21 53 Mercer Street Springing Cash   2,524 2,524 Cash   0 0
22 HI Overland Park 15,606 Cash   7,235 Springing Cash   0 18,885
23 Palm Terrace 4,017 Cash   3,374 1,687 Cash   0 2,000
24 Wind Gap Plaza 15,644 Cash   8,393 1,679 Cash   0 1,203
25 Hampton Inn Exton 11,989 Cash   9,742 2,435 Cash   0 Springing
26 Plaza On Main 5,045 Cash   20,768 3,461 Cash   0 1,167
27 Dalton Avenue Plaza 14,131 Cash   6,439 4,024 Cash   0 1,357
28 Campbell Gardens 5,085 Cash   22,095 2,455 Cash   0 2,310
29 Bay Pointe 4,836 Cash   1,323 661 Cash   0 1,542
30 The Crest Apartments 2,587 Cash   1,537 768 Cash   0 1,144
31 Fairfield Inn Avon 6,923 Cash   5,437 2,719 Cash   0 4.0% of the prior month’s gross rent
32 Foothill Plaza 13,800 Cash   0 1,404 Cash   0 1,918
33 Milford Landing Shopping Center 7,611 Cash   2,500 833 Cash   0 553
34 Markets At Mesa Ridge 7,000 Cash   3,741 1,247 Cash   75,000 490
35 313-315 W Muhammad Ali Boulevard 373; Springing Cash   1,815 698 Cash   20,203 2,886
36 Holiday Inn Express & Suites Emporia 3,795 Cash   9,042 1,292 Cash   0 6,388
37 Country Inn and Suites Savannah Airport 9,022 Cash   14,080 2,816 Cash   0 See Footnote (15)
38 Maple Wayview Apartments 8,575 Cash   7,987 2,662 Cash   125,000 2,292
39 Holiday Inn Express - Yulee 3,312 Cash   29,958 1,911 Cash   0 2,881
40 Casa Meadows 1,895 Cash   1,740 870 Cash   0 1,021
41 Park West Office 4,249 Cash   1,528 1,528 Cash   0 1,826
42 Watkinsville Self Storage 2,773 Cash   3,972 854 Cash   0 1,518
42.01 67 Greensboro Highway                  
42.02 36 Arnoldsville Road                  
43 Brookhaven Plaza 3,109 Cash   6,542 681 Cash   0 1,419
44 Studio Pointe 2,453 Cash   1,577 789 Cash   0 875
45 Rose Pointe 2,216 Cash   1,556 778 Cash   0 1,105
46 Synchrony Financial Expansion - 975 Keller Rd. 4,154 Cash   7,749 1,174 Cash   0 314
47 DuVal Enterprises Building Springing     0 Springing     0 Springing
48 Walgreens - Reedsburg Springing     123 41 Cash   0 Springing
49 Shops at Walmart Springing     0 Springing     0 205
50 Suwanee Point 2,132 Cash   557 279 Cash   0 465

 

A-1-15

 

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

 

Mortgage Loan Number(1) Property Name Replacement Reserve Cap ($)(15) Replacement Reserve Escrow - Cash or LoC Replacement Reserve Escrow - LoC Counterparty Upfront TI/LC Reserve ($)(16) Monthly TI/LC Reserve ($) TI/LC Reserve Cap ($)(16) TI/LC Escrow - Cash or LoC
1 QLIC 0 Cash   0 0 0  
2 Novo Nordisk 0 Cash   0 0 0  
3 Rentar Plaza 0 Cash   0 32,650 0 Cash
4 909 Poydras 0 Cash   2,000,000 Springing 0 Cash
5 The Falls 335,803     0 Springing 2,098,768  
6 Cassa Times Square Mixed-Use 0 Cash   500,000 965 0 Cash
7 Plaza Mexico – Los Angeles 0 Cash   0 33,672; Springing 1,212,192 Cash
8 333 North Bedford 0 Cash   1,500,000 Springing 1,500,000 Cash
9 Yeager Portfolio 0 Cash   0 11,988 400,000 Cash
9.01 Frisco              
9.02 Carmel              
9.03 Fishers II              
9.04 Greenwood              
9.05 Fishers I              
9.06 Plainfield              
9.07 Noblesville I              
9.08 Noblesville II              
10 Sixty Soho 0     0 0 0  
11 Hyatt House Philadelphia/King of Prussia 0 Cash   0 0 0  
12 Crate & Barrel 0     0 0 0  
13 Peachtree Mall 0     0 Springing 0  
14 Fairmont Parkway 75,987 Cash   9,850 9,850 450,000 Cash
15 Hilton Head Village On or after January 6, 2023: $88,832. Cash   150,000 9,254 See Footnote (16) Cash
16 24 Hour Fitness - Pleasanton 16,862 Cash   0 0 0  
17 Sterling Jewelers Corporate Headquarters FES 0 Cash   0 7,141 0 Cash
18 Hilton Garden Inn - Memphis Southaven 0     0 0 0  
19 White Marsh Portfolio 0 Cash   75,000 15,200 0 Cash
19.01 White Marsh Professional Center              
19.02 Ridgely’s Choice              
20 At Home Portfolio 0     0 Springing 0  
20.01 15065 Creosote Road              
20.02 2650 West Interstate 20              
20.03 1600 West Kelly Avenue              
20.04 2244 South Reynolds Road              
20.05 642 South Walnut Avenue              
21 53 Mercer Street 0     313,500 0 0 Cash
22 HI Overland Park 0 Cash   0 0 0  
23 Palm Terrace 0 Cash   0 0 0  
24 Wind Gap Plaza 50,000 Cash   0 8,019 250,000 Cash
25 Hampton Inn Exton 0 Cash   0 0 0  
26 Plaza On Main 0 Cash   200,000 7,783 200,000 Cash
27 Dalton Avenue Plaza 0 Cash   0 4,070 350,000 Cash
28 Campbell Gardens 0 Cash   0 0 0  
29 Bay Pointe 0 Cash   0 0 0  
30 The Crest Apartments 0 Cash   0 0 0  
31 Fairfield Inn Avon 0 Cash   0 0 0  
32 Foothill Plaza 0 Cash   50,000 4,795 258,955 Cash
33 Milford Landing Shopping Center 50,000 Cash   0 3,685 150,000 Cash
34 Markets At Mesa Ridge 0 Cash   375,000 1,839 0 Cash
35 313-315 W Muhammad Ali Boulevard 0 Cash   0 5,135 0 Cash
36 Holiday Inn Express & Suites Emporia 0 Cash   0 0 0  
37 Country Inn and Suites Savannah Airport 0 Cash   0 0 0  
38 Maple Wayview Apartments 0     0 0 0  
39 Holiday Inn Express - Yulee 0 Cash   0 0 0  
40 Casa Meadows 0 Cash   0 0 0  
41 Park West Office 0 Cash   100,000 5,572 200,000 LOC
42 Watkinsville Self Storage 0 Cash   0 0 0  
42.01 67 Greensboro Highway              
42.02 36 Arnoldsville Road              
43 Brookhaven Plaza 0 Cash   200,000 3,547 300,000 Cash
44 Studio Pointe 0 Cash   0 0 0  
45 Rose Pointe 0 Cash   0 0 0  
46 Synchrony Financial Expansion - 975 Keller Rd. 0 Cash   0 523 0 Cash
47 DuVal Enterprises Building 0     0 Springing 0  
48 Walgreens - Reedsburg 0     0 Springing 0  
49 Shops at Walmart 7,380 Cash   0 1,389 0 Cash
50 Suwanee Point 45,000 Cash   0 1,460 0 Cash

 

A-1-16

 

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

 

Mortgage Loan Number(1) 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(11) Other Escrow I (Initial) ($)(11)
1 QLIC   0 0     Shortfall Reserve 2,100,000
2 Novo Nordisk   0 0       0
3 Rentar Plaza   0 0     Primary Tenant Reserve 0
4 909 Poydras   0 0     Initial TI/LC Reserve 4,820,339
5 The Falls   0 0       0
6 Cassa Times Square Mixed-Use   0 0     Rent Abatement Reserve 249,000
7 Plaza Mexico – Los Angeles   0 0     Free Rent Reserve 744,439
8 333 North Bedford   0 0       0
9 Yeager Portfolio   0 0       0
9.01 Frisco              
9.02 Carmel              
9.03 Fishers II              
9.04 Greenwood              
9.05 Fishers I              
9.06 Plainfield              
9.07 Noblesville I              
9.08 Noblesville II              
10 Sixty Soho   0 0     Restaurant TI/LC Reserve 500,000
11 Hyatt House Philadelphia/King of Prussia   0 0     Seasonality Reserve 0
12 Crate & Barrel   0 0     Ground Lease Rents 0
13 Peachtree Mall   0 0       0
14 Fairmont Parkway   0 0     Operating Expense Funds 0
15 Hilton Head Village   0 0       0
16 24 Hour Fitness - Pleasanton   0 0       0
17 Sterling Jewelers Corporate Headquarters FES   0 0       0
18 Hilton Garden Inn - Memphis Southaven   0 0     PIP Reserve Funds 1,000,000
19 White Marsh Portfolio   0 0     Achievement Reserve Funds 245,000
19.01 White Marsh Professional Center              
19.02 Ridgely’s Choice              
20 At Home Portfolio   0 0       0
20.01 15065 Creosote Road              
20.02 2650 West Interstate 20              
20.03 1600 West Kelly Avenue              
20.04 2244 South Reynolds Road              
20.05 642 South Walnut Avenue              
21 53 Mercer Street   0 0     Cash Collateral Reserve 450,000
22 HI Overland Park   0 0     PIP Reserve 0
23 Palm Terrace   0 0     Retrofit Reserve 129,490
24 Wind Gap Plaza   0 0       0
25 Hampton Inn Exton   0 0     Seasonality Reserve 97,000
26 Plaza On Main   0 0     Rent-A-Center Reserve 200,000
27 Dalton Avenue Plaza   0 0     Unfunded Obligations Funds 5,000
28 Campbell Gardens   0 0       0
29 Bay Pointe   0 0       0
30 The Crest Apartments   0 0     Retrofit Reserve 212,980
31 Fairfield Inn Avon   0 0     PIP Reserve 590,425
32 Foothill Plaza   0 0       0
33 Milford Landing Shopping Center   0 0       0
34 Markets At Mesa Ridge   0 0       0
35 313-315 W Muhammad Ali Boulevard   0 0       0
36 Holiday Inn Express & Suites Emporia   0 0     PIP Reserve 0
37 Country Inn and Suites Savannah Airport   0 0     Seasonality Reserve 90,000
38 Maple Wayview Apartments   0 0       0
39 Holiday Inn Express - Yulee   0 0     PIP Reserve Funds 1,008,306
40 Casa Meadows   0 0     Retrofit Reserve 58,075
41 Park West Office Revere Bank 0 0       0
42 Watkinsville Self Storage   0 0     Construction Work Reserve 600,979
42.01 67 Greensboro Highway              
42.02 36 Arnoldsville Road              
43 Brookhaven Plaza   0 0       0
44 Studio Pointe   0 0       0
45 Rose Pointe   0 0       0
46 Synchrony Financial Expansion - 975 Keller Rd.   0 0     Unfunded Obligations Funds 1,439,039
47 DuVal Enterprises Building   0 0       0
48 Walgreens - Reedsburg   0 0       0
49 Shops at Walmart   0 0       0
50 Suwanee Point   0 0       0

 

A-1-17

 

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

 

Mortgage Loan Number(1) Property Name Other Escrow I (Monthly) ($) Other Escrow I Cap ($) Other Escrow I Escrow - Cash or LoC Other Escrow I - LoC Counterparty
1 QLIC 0 1,000,000 Cash  
2 Novo Nordisk 0 0    
3 Rentar Plaza Springing 0    
4 909 Poydras 0 0 Cash  
5 The Falls 0 0    
6 Cassa Times Square Mixed-Use 0 0 Cash  
7 Plaza Mexico – Los Angeles 0 0 Cash  
8 333 North Bedford 0 0    
9 Yeager Portfolio 0 0    
9.01 Frisco        
9.02 Carmel        
9.03 Fishers II        
9.04 Greenwood        
9.05 Fishers I        
9.06 Plainfield        
9.07 Noblesville I        
9.08 Noblesville II        
10 Sixty Soho 0 0 Cash  
11 Hyatt House Philadelphia/King of Prussia Springing 0    
12 Crate & Barrel Springing 0    
13 Peachtree Mall 0 0    
14 Fairmont Parkway Springing 0    
15 Hilton Head Village 0 0    
16 24 Hour Fitness - Pleasanton 0 0    
17 Sterling Jewelers Corporate Headquarters FES 0 0    
18 Hilton Garden Inn - Memphis Southaven 0 0 Cash  
19 White Marsh Portfolio 0 0 Cash  
19.01 White Marsh Professional Center        
19.02 Ridgely’s Choice        
20 At Home Portfolio 0 0    
20.01 15065 Creosote Road        
20.02 2650 West Interstate 20        
20.03 1600 West Kelly Avenue        
20.04 2244 South Reynolds Road        
20.05 642 South Walnut Avenue        
21 53 Mercer Street 0 0 Cash  
22 HI Overland Park Springing 0    
23 Palm Terrace 0 0 Cash  
24 Wind Gap Plaza 0 0    
25 Hampton Inn Exton Springing 0 Cash  
26 Plaza On Main 0 0    
27 Dalton Avenue Plaza 0 0 Cash  
28 Campbell Gardens 0 0    
29 Bay Pointe 0 0    
30 The Crest Apartments 0 0 Cash  
31 Fairfield Inn Avon 0 0 Cash  
32 Foothill Plaza 0 0    
33 Milford Landing Shopping Center 0 0    
34 Markets At Mesa Ridge 0 0    
35 313-315 W Muhammad Ali Boulevard 0 0    
36 Holiday Inn Express & Suites Emporia Springing 0    
37 Country Inn and Suites Savannah Airport Monthly: $15,000 on each Payment Date occuring during the period between March and August, inclusive 0 Cash  
38 Maple Wayview Apartments 0 0    
39 Holiday Inn Express - Yulee 0 0 Cash  
40 Casa Meadows 0 0 Cash  
41 Park West Office 0 0    
42 Watkinsville Self Storage 0 0    
42.01 67 Greensboro Highway        
42.02 36 Arnoldsville Road        
43 Brookhaven Plaza 0 0    
44 Studio Pointe 0 0    
45 Rose Pointe 0 0    
46 Synchrony Financial Expansion - 975 Keller Rd. 0 0    
47 DuVal Enterprises Building 0 0    
48 Walgreens - Reedsburg 0 0    
49 Shops at Walmart 0 0    
50 Suwanee Point 0 0    

 

A-1-18

 

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

 

Mortgage Loan Number(1) Property Name Other Escrow II Reserve Description(11)(17)(18) Other Escrow II (Initial) ($)(8)(11)(17) Other Escrow II (Monthly) ($)(18) Other Escrow II Cap ($)
1 QLIC   0 0 0
2 Novo Nordisk   0 0 0
3 Rentar Plaza   0 0 0
4 909 Poydras Free Rent Reserve 1,182,407 0 0
5 The Falls   0 0 0
6 Cassa Times Square Mixed-Use Buildout Reserve 33,115 0 0
7 Plaza Mexico – Los Angeles See Footnote (17) See Footnote (17) 0 0
8 333 North Bedford   0 0 0
9 Yeager Portfolio   0 0 0
9.01 Frisco        
9.02 Carmel        
9.03 Fishers II        
9.04 Greenwood        
9.05 Fishers I        
9.06 Plainfield        
9.07 Noblesville I        
9.08 Noblesville II        
10 Sixty Soho Free Rent Reserve; Basement Lease Reserve Free Rent Reserve: Upfront: $30,000; Basement Lease Reserve: Upfront: $7,500 Springing 0
11 Hyatt House Philadelphia/King of Prussia   0 0 0
12 Crate & Barrel   0 0 0
13 Peachtree Mall   0 0 0
14 Fairmont Parkway   0 0 0
15 Hilton Head Village   0 0 0
16 24 Hour Fitness - Pleasanton   0 0 0
17 Sterling Jewelers Corporate Headquarters FES   0 0 0
18 Hilton Garden Inn - Memphis Southaven   0 0 0
19 White Marsh Portfolio Unfunded Tenant Obligations Reserve Funds 31,711 0 0
19.01 White Marsh Professional Center        
19.02 Ridgely’s Choice        
20 At Home Portfolio   0 0 0
20.01 15065 Creosote Road        
20.02 2650 West Interstate 20        
20.03 1600 West Kelly Avenue        
20.04 2244 South Reynolds Road        
20.05 642 South Walnut Avenue        
21 53 Mercer Street   0 0 0
22 HI Overland Park Seasonality Reserve 208,000 Springing 0
23 Palm Terrace   0 0 0
24 Wind Gap Plaza   0 0 0
25 Hampton Inn Exton PIP Reserve 2,999,790 0 0
26 Plaza On Main   0 0 0
27 Dalton Avenue Plaza   0 0 0
28 Campbell Gardens   0 0 0
29 Bay Pointe   0 0 0
30 The Crest Apartments   0 0 0
31 Fairfield Inn Avon Seasonal Reserve 55,000 See Footnote (18) 0
32 Foothill Plaza   0 0 0
33 Milford Landing Shopping Center   0 0 0
34 Markets At Mesa Ridge   0 0 0
35 313-315 W Muhammad Ali Boulevard   0 0 0
36 Holiday Inn Express & Suites Emporia   0 0 0
37 Country Inn and Suites Savannah Airport Ground Rent Reserve; Tax Litigation Reserve Ground Rent Reserve: Upfront: $24,000; Tax Litigation Reserve: Upfront: $47,220.38 0 0
38 Maple Wayview Apartments   0 0 0
39 Holiday Inn Express - Yulee Seasonality Reserve 60,000 Springing 0
40 Casa Meadows   0 0 0
41 Park West Office   0 0 0
42 Watkinsville Self Storage   0 0 0
42.01 67 Greensboro Highway        
42.02 36 Arnoldsville Road        
43 Brookhaven Plaza   0 0 0
44 Studio Pointe   0 0 0
45 Rose Pointe   0 0 0
46 Synchrony Financial Expansion - 975 Keller Rd.   0 0 0
47 DuVal Enterprises Building   0 0 0
48 Walgreens - Reedsburg   0 0 0
49 Shops at Walmart   0 0 0
50 Suwanee Point   0 0 0

 

A-1-19

 

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

 

Mortgage Loan Number(1) Property Name 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 QLIC       Fee    
2 Novo Nordisk       Fee    
3 Rentar Plaza       Fee    
4 909 Poydras Cash     Fee    
5 The Falls       Fee    
6 Cassa Times Square Mixed-Use Cash     Fee    
7 Plaza Mexico – Los Angeles Cash     Fee    
8 333 North Bedford       Fee    
9 Yeager Portfolio       Fee    
9.01 Frisco       Fee    
9.02 Carmel       Fee    
9.03 Fishers II       Fee    
9.04 Greenwood       Fee    
9.05 Fishers I       Fee    
9.06 Plainfield       Fee    
9.07 Noblesville I       Fee    
9.08 Noblesville II       Fee    
10 Sixty Soho Cash     Fee    
11 Hyatt House Philadelphia/King of Prussia       Fee    
12 Crate & Barrel       Leasehold 12/31/2098 $822,495
13 Peachtree Mall       Fee    
14 Fairmont Parkway       Fee    
15 Hilton Head Village       Fee    
16 24 Hour Fitness - Pleasanton       Fee    
17 Sterling Jewelers Corporate Headquarters FES       Fee    
18 Hilton Garden Inn - Memphis Southaven       Fee    
19 White Marsh Portfolio Cash     Fee    
19.01 White Marsh Professional Center       Fee    
19.02 Ridgely’s Choice       Fee    
20 At Home Portfolio       Fee    
20.01 15065 Creosote Road       Fee    
20.02 2650 West Interstate 20       Fee    
20.03 1600 West Kelly Avenue       Fee    
20.04 2244 South Reynolds Road       Fee    
20.05 642 South Walnut Avenue       Fee    
21 53 Mercer Street       Fee    
22 HI Overland Park Cash     Fee    
23 Palm Terrace       Fee    
24 Wind Gap Plaza       Fee    
25 Hampton Inn Exton Cash     Fee    
26 Plaza On Main       Fee    
27 Dalton Avenue Plaza       Fee    
28 Campbell Gardens       Fee    
29 Bay Pointe       Fee    
30 The Crest Apartments       Fee    
31 Fairfield Inn Avon Cash     Fee    
32 Foothill Plaza       Fee    
33 Milford Landing Shopping Center       Fee    
34 Markets At Mesa Ridge       Fee    
35 313-315 W Muhammad Ali Boulevard       Fee    
36 Holiday Inn Express & Suites Emporia       Fee    
37 Country Inn and Suites Savannah Airport Cash     Leasehold 7/15/2058 Greater of (i) $18,000 or (ii) 4.9% of Ground Lessee’s Gross Receipts from all business transactions
38 Maple Wayview Apartments       Fee    
39 Holiday Inn Express - Yulee Cash     Fee    
40 Casa Meadows       Fee    
41 Park West Office       Fee    
42 Watkinsville Self Storage       Fee    
42.01 67 Greensboro Highway       Fee    
42.02 36 Arnoldsville Road       Fee    
43 Brookhaven Plaza       Fee    
44 Studio Pointe       Fee    
45 Rose Pointe       Fee    
46 Synchrony Financial Expansion - 975 Keller Rd.       Fee    
47 DuVal Enterprises Building       Fee    
48 Walgreens - Reedsburg       Fee    
49 Shops at Walmart       Fee    
50 Suwanee Point       Fee    

 

A-1-20

 

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

 

Mortgage Loan Number(1) Property Name Annual Ground Rent Increases(19) Lockbox Whole Loan Cut-off Date Balance ($) Whole Loan Debt Service ($) Subordinate Secured Debt Original Balance ($) Subordinate Secured Debt Cut-off Date Balance ($) Whole Loan U/W NOI DSCR (x)(6)
1 QLIC   Soft/Springing Cash Management 165,000,000 644,628 20,000,000 20,000,000 1.55
2 Novo Nordisk   Hard/Upfront Cash Management          
3 Rentar Plaza   Hard/Springing Cash Management          
4 909 Poydras   Hard/Upfront Cash Management          
5 The Falls   Hard/Springing Cash Management          
6 Cassa Times Square Mixed-Use   Hard/Upfront Cash Management          
7 Plaza Mexico – Los Angeles   Hard/Upfront Cash Management          
8 333 North Bedford   Hard/Springing Cash Management          
9 Yeager Portfolio   Springing          
9.01 Frisco              
9.02 Carmel              
9.03 Fishers II              
9.04 Greenwood              
9.05 Fishers I              
9.06 Plainfield              
9.07 Noblesville I              
9.08 Noblesville II              
10 Sixty Soho   Hard/Springing Cash Management          
11 Hyatt House Philadelphia/King of Prussia   Hard/Springing Cash Management          
12 Crate & Barrel See Footnote (19) Hard/Springing Cash Management 26,181,527 139,036 4,853,831 4,535,358 1.65
13 Peachtree Mall   Hard/Springing Cash Management          
14 Fairmont Parkway   Springing          
15 Hilton Head Village   Springing          
16 24 Hour Fitness - Pleasanton   Springing          
17 Sterling Jewelers Corporate Headquarters FES   Hard/Springing Cash Management          
18 Hilton Garden Inn - Memphis Southaven   Springing          
19 White Marsh Portfolio   Hard/Upfront Cash Management          
19.01 White Marsh Professional Center              
19.02 Ridgely’s Choice              
20 At Home Portfolio   Hard/Upfront Cash Management          
20.01 15065 Creosote Road              
20.02 2650 West Interstate 20              
20.03 1600 West Kelly Avenue              
20.04 2244 South Reynolds Road              
20.05 642 South Walnut Avenue              
21 53 Mercer Street   Hard/Springing Cash Management          
22 HI Overland Park   Springing          
23 Palm Terrace   Soft/Springing Cash Management          
24 Wind Gap Plaza   Soft/Springing Cash Management          
25 Hampton Inn Exton   Springing          
26 Plaza On Main   Springing          
27 Dalton Avenue Plaza   Hard/Springing Cash Management          
28 Campbell Gardens   Springing          
29 Bay Pointe   Soft/Springing Cash Management          
30 The Crest Apartments   Soft/Springing Cash Management          
31 Fairfield Inn Avon   Hard/Springing Cash Management          
32 Foothill Plaza   Springing          
33 Milford Landing Shopping Center   Springing          
34 Markets At Mesa Ridge   Hard/Springing Cash Management          
35 313-315 W Muhammad Ali Boulevard   Springing          
36 Holiday Inn Express & Suites Emporia   Springing          
37 Country Inn and Suites Savannah Airport See Footnote (19) Hard/Springing Cash Management          
38 Maple Wayview Apartments   Springing          
39 Holiday Inn Express - Yulee   Springing          
40 Casa Meadows   Soft/Springing Cash Management          
41 Park West Office   Soft/Springing Cash Management          
42 Watkinsville Self Storage   Springing          
42.01 67 Greensboro Highway              
42.02 36 Arnoldsville Road              
43 Brookhaven Plaza   Hard/Upfront Cash Management          
44 Studio Pointe   Soft/Springing Cash Management          
45 Rose Pointe   Soft/Springing Cash Management          
46 Synchrony Financial Expansion - 975 Keller Rd.   Hard/Upfront Cash Management          
47 DuVal Enterprises Building   None          
48 Walgreens - Reedsburg   Springing          
49 Shops at Walmart   Springing          
50 Suwanee Point   None          

 

A-1-21

 

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

 

Mortgage Loan Number(1) Property Name Whole Loan U/W NCF DSCR (x)(6) 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 QLIC 1.54 64.7% 7.3% 7.2%  
2 Novo Nordisk          
3 Rentar Plaza          
4 909 Poydras         4,494,732
5 The Falls          
6 Cassa Times Square Mixed-Use         3,430,485
7 Plaza Mexico – Los Angeles         14,000,000
8 333 North Bedford          
9 Yeager Portfolio          
9.01 Frisco          
9.02 Carmel          
9.03 Fishers II          
9.04 Greenwood          
9.05 Fishers I          
9.06 Plainfield          
9.07 Noblesville I          
9.08 Noblesville II          
10 Sixty Soho          
11 Hyatt House Philadelphia/King of Prussia          
12 Crate & Barrel 1.61 65.5% 10.5% 10.3%  
13 Peachtree Mall          
14 Fairmont Parkway          
15 Hilton Head Village          
16 24 Hour Fitness - Pleasanton          
17 Sterling Jewelers Corporate Headquarters FES          
18 Hilton Garden Inn - Memphis Southaven          
19 White Marsh Portfolio         2,500,000
19.01 White Marsh Professional Center         1,533,742
19.02 Ridgely’s Choice         966,258
20 At Home Portfolio          
20.01 15065 Creosote Road          
20.02 2650 West Interstate 20          
20.03 1600 West Kelly Avenue          
20.04 2244 South Reynolds Road          
20.05 642 South Walnut Avenue          
21 53 Mercer Street          
22 HI Overland Park          
23 Palm Terrace          
24 Wind Gap Plaza          
25 Hampton Inn Exton          
26 Plaza On Main          
27 Dalton Avenue Plaza          
28 Campbell Gardens          
29 Bay Pointe          
30 The Crest Apartments          
31 Fairfield Inn Avon          
32 Foothill Plaza          
33 Milford Landing Shopping Center          
34 Markets At Mesa Ridge          
35 313-315 W Muhammad Ali Boulevard          
36 Holiday Inn Express & Suites Emporia          
37 Country Inn and Suites Savannah Airport          
38 Maple Wayview Apartments          
39 Holiday Inn Express - Yulee          
40 Casa Meadows          
41 Park West Office          
42 Watkinsville Self Storage          
42.01 67 Greensboro Highway          
42.02 36 Arnoldsville Road          
43 Brookhaven Plaza          
44 Studio Pointe          
45 Rose Pointe          
46 Synchrony Financial Expansion - 975 Keller Rd.          
47 DuVal Enterprises Building          
48 Walgreens - Reedsburg          
49 Shops at Walmart          
50 Suwanee Point          

 

A-1-22

 

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

 

Mortgage Loan Number(1) Property Name Sponsor(14) Affiliated Sponsors Mortgage Loan Number
1 QLIC Lionshead Member LLC   1
2 Novo Nordisk     2
3 Rentar Plaza Dennis Ratner; Felice Bassin   3
4 909 Poydras Sarah Rachel Gordon; Isaac Hertz; William Z. Hertz   4
5 The Falls Simon Property Group, L.P.   5
6 Cassa Times Square Mixed-Use Salim Assa; Ezak Assa   6
7 Plaza Mexico – Los Angeles Min Chae; Donald Chae   7
8 333 North Bedford James A. Diamond; William E. Diamond   8
9 Yeager Portfolio Scott J. Yeager   9
9.01 Frisco     9.01
9.02 Carmel     9.02
9.03 Fishers II     9.03
9.04 Greenwood     9.04
9.05 Fishers I     9.05
9.06 Plainfield     9.06
9.07 Noblesville I     9.07
9.08 Noblesville II     9.08
10 Sixty Soho Michael Pomeranc; Lawrence Pomeranc; Jason Pomeranc   10
11 Hyatt House Philadelphia/King of Prussia Rolf E. Ruhfus   11
12 Crate & Barrel Lloyd Goldman   12
13 Peachtree Mall General Growth Partners   13
14 Fairmont Parkway Damian Nusynkier; Alejandro Hoffman   14
15 Hilton Head Village Alfonso A. Costa   15
16 24 Hour Fitness - Pleasanton Robert V. Bindi and Maureen M. Bindi, individually and as co-trustees of The Bindi Living Family Trust; Richard L. Martin individually and as trustee of The Richard L. Martin Trust; Manuel M. Del Arroz; Juanita L. Del Arroz   16
17 Sterling Jewelers Corporate Headquarters FES Lenora J. Petrarca   17
18 Hilton Garden Inn - Memphis Southaven Yogesh Irrevocable Trust; Sangeeta Purohit   18
19 White Marsh Portfolio Douglas H. Legum   19
19.01 White Marsh Professional Center     19.01
19.02 Ridgely’s Choice     19.02
20 At Home Portfolio LCN Capital Partners   20
20.01 15065 Creosote Road     20.01
20.02 2650 West Interstate 20     20.02
20.03 1600 West Kelly Avenue     20.03
20.04 2244 South Reynolds Road     20.04
20.05 642 South Walnut Avenue     20.05
21 53 Mercer Street Oren Evenhar; Marco Di Laurenti   21
22 HI Overland Park Burce Kinseth,Gary Kinseth,Linda Skinner   22
23 Palm Terrace Pinkal Jogani; Hansa Investments, Inc. Y - Group 1 23
24 Wind Gap Plaza Charles B. Miller Y - Group 2 24
25 Hampton Inn Exton William B. McNamara; Joseph P. Heenan   25
26 Plaza On Main Michael Rubin; Bruce Lyons   26
27 Dalton Avenue Plaza Edward L. Hoe, Jr.   27
28 Campbell Gardens David Brecher   28
29 Bay Pointe Pinkal Jogani; Hansa Investments, Inc. Y - Group 1 29
30 The Crest Apartments Pinkal Jogani; Hansa Investments, Inc. Y - Group 1 30
31 Fairfield Inn Avon Prem Amarnathan; Amit Patel; Rajeev Dubey   31
32 Foothill Plaza B. Scott Satterfield; Greg R. Helm   32
33 Milford Landing Shopping Center Charles B. Miller Y - Group 2 33
34 Markets At Mesa Ridge William H. Winn   34
35 313-315 W Muhammad Ali Boulevard Andrew Preston Owen   35
36 Holiday Inn Express & Suites Emporia Jagdish R. Patel   36
37 Country Inn and Suites Savannah Airport Bharat Gandhi; Hemlata Patel   37
38 Maple Wayview Apartments James E. Dixon, Jr.; Elle M. Estephan   38
39 Holiday Inn Express - Yulee Amit R. Patel; Chirayu R. Patel   39
40 Casa Meadows Pinkal Jogani; Hansa Investments, Inc. Y - Group 1 40
41 Park West Office C.N. David Reischer; C. James Silfee, III; Michael B. Glick   41
42 Watkinsville Self Storage Walter T. Evans, Jr.; The Ted Winona Evans Trust   42
42.01 67 Greensboro Highway     42.01
42.02 36 Arnoldsville Road     42.02
43 Brookhaven Plaza Martin Ensbury; Linda Ensbury; Thomas Chang; Darren A. Seliga; Michael D. Ferraro; Dirk Schermer; Ben Leberthon   43
44 Studio Pointe Pinkal Jogani; Hansa Investments, Inc. Y - Group 1 44
45 Rose Pointe Pinkal Jogani; Hansa Investments, Inc. Y - Group 1 45
46 Synchrony Financial Expansion - 975 Keller Rd. Cathrine Ireland   46
47 DuVal Enterprises Building Timothy Du Val; Allison Du Val   47
48 Walgreens - Reedsburg Shirley Appelbaum; Amy Appelbaum   48
49 Shops at Walmart Erwin A. Raffle; Erwin A. Raffle Living Trust; Raffle Qtip Trust   49
50 Suwanee Point Gary W. Eplan   50

 

A-1-23

 

                             
            FOOTNOTES TO ANNEX A-1          
                             
                             
    See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans or Groups of Cross-Collateralized Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
                             
  (1) “Natixis” denotes Natixis Real Estate Capital LLC, “SPREF” denotes Silverpeak Real Estate Finance LLC, “UBSAG” denotes UBS AG and “WFB” denotes Wells Fargo Bank, National Association.
                             
  (2) For mortgage loan #3 (Rentar Plaza), the Number of Units includes 897,265 square feet of industrial space, 631,465 square feet of retail space and 38,478 square feet of office space.
                             
    For mortgage loan #6 (Cassa Times Square Mixed-Use), the Number of Units includes 86 hotel rooms (38,385 square feet), 11,581 square feet of retail space, and 9,588 square feet of parking garage space.
                             
    For mortgage loan #8 (333 North Bedford), the Number of Units includes 251,408 square feet of retail space, 229,181 square feet of industrial space and 131,365 square feet of office space.
                             
    For mortgage loan #14 (Fairmont Parkway), the Number of Units includes 8,985 square feet associated with two tenants who lease the collateral pad sites and the improvements built on the pad sites are owned by the tenant.
                             
    For mortgage loan #19 (White Marsh Portfolio), the Number of Units includes 36,287 square feet of medical office space.
                             
    For mortgage loan #26 (Plaza On Main), the Number of Units includes 76,409 square feet of retail space and 16,989 square feet of medical office space.
                             
  (3) For mortgage loan #1 (QLIC), the mortgage loan is evidenced by Notes A-2 and A-3, two of six senior pari passu notes, which have a combined Cut-Off Date Principal Balance of $145,000,000.  Notes A-1, A-4, A-5 and A-6 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Note A-1, Note A-2, Note A-3, Note A-4, Note A-5 and Note A-6 in the aggregate (the “QLIC Whole Loan”). Note A-2 represents the controlling interest in the QLIC Whole Loan.
                             
    For mortgage loan #2 (Novo Nordisk), the mortgage loan is evidenced by Notes A-3, A-4, A-5, A-11 and A-12, five of thirteen pari passu notes, which have a maximum principal balance of $207,880,000 and have a combined Cut-Off Date Principal Balance of $168,300,000. The Note A-2 is an unfunded note and has a maximum principal balance of $39,580,000. Notes A-1, A-2, A-6, A-7, A-8, A-9, A-10 and A-13 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Notes A-1, A-3, A-4, A-5, A-6, A-7, A-8, A-9, A-10, A-11, A-12 and A-13 in the aggregate (and together with Note A-2, the “Novo Nordisk Whole Loan”). Notes A-3, A-4, A-5, A-11 and A-12 represent a non-controlling interest in the Novo Nordisk Whole Loan.
                             
    For mortgage loan #3 (Rentar Plaza), the mortgage loan is evidenced by Notes A-2 and A-3, two of five pari passu notes, which have a combined Cut-Off Date Principal Balance of $132,000,000.  Notes A-1, A-4, and A-5 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Note A-1, Note A-2, Note A-3, Note A-4 and Note A-5 in the aggregate (the “Rentar Plaza Whole Loan”). Notes A-2 and A-3 represent a non-controlling interest in the Rentar Plaza Whole Loan.
                             
    For mortgage loan #5 (The Falls), the mortgage loan is evidenced by Note A-2 and A-3, two of four pari passu companion loans, which have a combined Cut-off Date principal balance of $150,000,000. Notes A-1 and A-4 are not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF presented are based on Note A-1, A-2, A-3 and A-4 in the aggregate (“The Falls Whole Loan”). Note A-2 and A-3 represent a non-controlling interest in The Falls Whole Loan.
                             
    For mortgage loan #7 (Plaza Mexico – Los Angeles), the mortgage loan is evidenced by Notes A-4 and A-5, two of six pari passu notes, which have a combined Cut-Off Date Principal Balance of $106,000,000.  Notes A-1, A-2, A-3, and A-6 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Notes A-1, A-2, A-3, A-4, A-5 and A-6 in the aggregate (the “Plaza Mexico – Los Angeles Whole Loan”). Notes A-4 and A-5 represent a non-controlling interest in the Plaza Mexico – Los Angeles Whole Loan.

 

 

                             
    For mortgage loan #8 (333 North Bedford), the mortgage loan is evidenced by Note A-1, one of two pari passu notes, which have a combined Cut-Off Date Principal Balance of $59,327,701. Note A-2 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Note A-1 and A-2 in the aggregate (the “333 North Bedford Whole Loan”). Note A-1 represents the controlling interest in the 333 North Bedford Whole Loan.
                             
    For mortgage loan #10 (Sixty Soho), the mortgage loan is evidenced by Note A-1, one of two pari passu notes, which have a combined Cut-Off Date Principal Balance of $38,650,000.  Note A-2 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Note A-1 and A-2 in the aggregate (the “Sixty Soho Whole Loan”). Note A-1 represents the controlling interest in the Sixty Soho Whole Loan.
                             
    For mortgage loan #13 (Peachtree Mall), the mortgage loan is evidenced by Note A-2, one of four pari passu notes, which have a combined Cut-off Date Balance of $79,690,218. Note A-1, Note A-3 and Note A-4 will not be included in the trust. All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Notes A-1, A-2, A-3 and A-4 in the aggregate (the “Peachtree Mall Whole Loan”). Note A-2 represents a non-controlling interest in the Peachtree Mall Whole Loan.
                             
    For mortgage loan #20 (At Home Portfolio), the mortgage loan is evidenced by Note A-2, one of two pari passu notes, which have a combined Cut-Off Date Balance of $28,150,000. All LTV, DSCR, Debt Yield and Cut-Off Date Balance per Unit /SF presented are based on Note A-1 and Note A-2 in the aggregate (the “At Home Portfolio Whole Loan”). Note A-2 represents a non-controlling interest in the At Home Portfolio Whole Loan.
                             
  (4) For mortgage loan #2 (Novo Nordisk), the mortgage loan has a maximum principal balance of $207,880,000 and an original principal balance of $168,300,000. Note A-2 is currently unfunded; however, the holder of Note A-2 is required to make advances available for (i) approved tenant improvements and leasing commissions, which are estimated to be $16,580,000, in connection with the exercise of Novo Nordisk Inc.’s right under its lease to take expansion space at the Novo Nordisk Property and (ii) earnout funds which are estimated to be $23,000,000. The obligation to fund any such future advances will be the sole responsibility of the holder of Note A-2 and not the responsibility of the issuing entity.
     
    For mortgage loan #10 (Sixty Soho), the Original Principal Balance of the whole loan was $40,000,000 and the allocated original loan amount on the mortgage loan was $27,580,854. The Sixty Soho whole loan amortized down by $1,350,000 prior to securitization. The Sixty Soho whole loan has an outstanding principal balance of $38,650,000 as of August 2, 2016 and the Sixty Soho mortgage loan has an outstanding principal balance of $26,650,000 as August 2, 2016.
                             
  (5) For mortgage loan #10 (Sixty Soho), the mortgage loan has an original loan principal balance of $40,000,000. The Sixty Soho whole loan was paid down by $1,350,000 prior to the securitization and has a Cut-off Date Balance of $38,650,000. The Original Term to Maturity for the Sixty Soho whole loan was 120 months, 84-month amortization period (on a 360-month amortization schedule) following a 36 month interest only period. The Original Term to Maturity of the Sixty Soho whole loan after modification is 132 months, with a 132 month interest only period, and the remaining term for Sixty Soho whole loan is 113 months, with a remaining 113 month interest only period. Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations are based on the Cut-off Date Sixty Soho whole loan balance and the new term of the Sixty Soho whole loan.
     
  (6) For mortgage loan #12 (Crate & Barrel), the Mortgage Rate shown is the interest rate on November 5, 2016. The U/W NOI DSCR, U/W NCF DSCR, Whole Loan U/W NOI DSCR and Whole Loan U/W NCF DSCR are calculated based on the average of the first 12 payments dates starting with November 5, 2016.
                             
  (7) For mortgage loan #13 (Peachtree Mall), a one-time grace period default of two business days is permitted during the mortgage loan term.
                             
  (8) For mortgage loan #25 (Hampton Inn Exton), the Appraised Value is based on the extraordinary assumption that all necessary PIP funds are entirely and fully escrowed or guaranteed on the origination date of the mortgage loan and available as needed to fund the planned renovations. The Appraised Value is also based on the assumption that the performance improvement plan is completed in a timely manner and in accordance with the brand requirements. A $2,999,790 reserve (100% of the estimated PIP costs less $45,233 in immediate repairs) was taken at closing for the performance improvement plan, and the borrower expects to complete renovations by November 2017.  The appraised value assuming the performance improvement plan has not been completed is $11,400,000. The Cut-Off Date LTV Ratio and LTV Ratio at Maturity, assuming the $11,400,000 Appraised Value, are 69.9% and 52.3%, respectively.
                             
  (9) For mortgage loan #20 (At Home Portfolio), the mortgage loan was underwritten at the portfolio level, thus property level underwriting is not available.
                             
  (10) For loan #38 (Maple Wayview Apartments), the 2015 financial information presented represents annualized operations from March 2015, when the borrower took control of operations at the mortgaged property, to December 2015. Additionally, the 2013 and 2014 operating statements were provided by the seller and were not certified by the borrower.
                             
  (11) 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 that were included in the underwriting.
                             
    For mortgage loan #4 (909 Poydras), the largest tenant (42,748 square feet), representing 7.8% of the net rentable square feet, has executed a lease but is not in occupancy or paying rent. The largest tenant is anticipated to be in occupancy by August 1, 2017 and paying full, unabated rent by August 2020. A $1,061,761 reserve was established at origination, representing the outstanding rent abatement.
                             
    For mortgage loan #6 (Cassa Times Square Mixed-Use), the largest tenant (5,135 square feet), representing 8.6% of net rentable square feet, is expected to take occupancy and begin paying rent by November 2016. The second largest tenant (3,692 square feet), representing 6.2% of the net rentable square feet, has executed a lease but is not in occupancy or paying rent until November, 2016. A $249,000 reserve was established at origination, representing the outstanding rent abatement of both tenants.

 

 

                             
    For mortgage loan #21 (53 Mercer Street), the sole tenant (8,785 square feet), representing 100.0% of net rentable square feet, began paying rent on July 25, 2016, but has not yet taken occupancy.
                             
    For mortgage loan #24 (Wind Gap Plaza), the fourth largest tenant (5,360 square feet) representing 5.6% of the net rentable area is dark and continues to pay rent through the end of its lease term. This tenant was underwritten as vacant.
                             
    For mortgage loan #26 (Plaza On Main), the fifth largest tenant (6,850 square feet), representing 7.3% of the net rentable square feet, has not yet taken occupancy. The tenant is expected to take occupancy of its space in September 2016. The tenant received six months of free rent through March 2016 equal to $43,024.  A reserve in the amount of $200,000 was established at origination related to tenant improvement and leasing costs associated with releasing this space.
                             
    For mortgage loan #46 (Synchrony Financial Expansion – 975 Keller Rd.), the largest tenant (25,080 square feet), representing 100.0% of net rentable square feet, has signed a lease which commences January 1, 2017. The landlord has satisfied all delivery requirements.  A $1,439,039 reserve was taken at closing equal to the underwritten rent for the period running from the closing date through the lease commencement date on January 1, 2017.
                             
  (12) 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 #3 (Rentar Plaza), the fifth largest tenant (120,000 square feet), representing 7.7% of net rentable square feet, may terminate its lease any time upon providing 180 days’ prior written notice to the landlord, and payment of a termination fee as defined in the lease.
                             
    For mortgage loan #4 (909 Poydras), the largest tenant (42,748 square feet), representing 7.8% of the net rentable square feet, has a one-time option to terminate up to 20.0% of its space, as of February 28, 2025, upon six months’ written notice and the payment of a termination fee equal to all unamortized tenant improvements and leasing commissions.
                             
    For mortgage loan #5 (The Falls), the second largest tenant (225,000 square feet), representing 26.8% of net rentable square feet, has the right to terminate upon 18 months’ written notice; provided, however, if the termination date falls within the period of October 1 of any year through February 1 of the following year, and provided Bloomingdale’s is open and operating on the foregoing October 1, then the termination date will be extended to February 1.
                             
    For mortgage loan #8 (333 North Bedford), the third largest tenant (42,881 square feet), representing 7.0% of net rentable square feet, may terminate its lease on October 1, 2017 upon providing 9 months’ prior written notice to the landlord and the tenant paying the landlord an early termination fee equal to all unamortized tenant improvements and leasing commissions.
                             
    For mortgage loan #9 (Yeager Portfolio), all of the leases are able to be terminated by the tenants upon 90 days’ notice.
     
    For mortgage loan #13 (Peachtree Mall), the fourth largest tenant (21,210 square feet), representing 4.0% of the net rentable square feet, may terminate its lease if sales for the period beginning January 1, 2019 through December 31, 2019 do not exceed $2,800,000 by providing 365 days’ written notice by June 30, 2020 and paying a termination fee equal to 50% of all unamortized tenant improvements and leasing commissions. The fifth largest tenant (13,159 square feet), representing 2.5% of the net rentable square feet, has the option to terminate its lease if sales for the period beginning July 31, 2019 through June 30, 2020 do not exceed $1,500,000 by providing 90 days’ written notice by August 31, 2020 and paying a termination fee equal to 50% of all unamortized tenant improvements and leasing commissions.
     
    For mortgage loan #19 (White Marsh Portfolio), the third largest tenant at the Ridgely’s Choice mortgaged property (3,648 square feet), representing 3.0% of net rentable square feet of the entire portfolio, has the right to terminate its lease as of the 72nd month following the lease commencement date upon providing written notice by the last day of the 60th month and payment of a termination fee equal to all unamortized tenant improvements and leasing commissions.
                             
    For mortgage loan #24 (Wind Gap Plaza), the fifth largest tenant (3,000 square feet), representing 3.1% of the net rentable square feet may terminate its lease by providing two months written notice if the governmental function for which the tenant’s space is being leased is abolished, limited or restricted by an act of the legislature or law of Congress, or any action is taken under authority conferred by such acts or laws.
                             
    For mortgage loan #32 (Foothill Plaza), the largest tenant (41,460 square feet), representing 36.3% of net rentable square feet, has a one-time right to terminate its lease on August 31, 2023 with 180 days’ written notice.

 

 

                             
    For Mortgage loan #33 (Milford Landing Shopping Center), the third largest tenant (5,000 square feet), representing 11.3% of the net rentable square feet, may terminate its lease by providing 120 days’ written notice if the disparity of taxes on the sale of cigarettes between the Commonwealth of Pennsylvania and the State of New York is extinguished in its entirety and the tenant’s sales for the 12 month period after such event decrease by 25% or more as compared to the 12 month period prior to the event.
                             
    For mortgage loan #41 (Park West Office), the second largest tenant (11,661 square feet), representing 17.4% of the net rentable square feet, may terminate its lease at any time from and after February 28, 2017 by providing 60 days’ written notice. As of September 2016, no such notice has been received. Separately, the tenant has announced it is relocating an operations center that is located near the mortgaged property to Norfolk, VA. The appraised value of the mortgaged property based on the assumption that the second largest tenant will vacate its leased premises at the end of the lease term in November 30, 2017 as a result of the tenant consolidating their operations in the market, is $7,950,000. The Cut-Off Date LTV Ratio and LTV Ratio at Maturity, based on the $7,950,000 Appraised Value, are 49.5% and 39.1%, respectively. Additionally, if this tenant is underwritten as vacant, the UW NCF DSCR and UW NOI Debt Yield are 1.53x and 10.9%, respectively. The fifth largest tenant (2,835 square feet), representing 4.2% NRA), may terminate its lease as of April 2017 by providing 120 days’ written notice and paying a termination fee equal to two months of rent and all unamortized leasing commissions.
                             
    For mortgage loan #46 (Synchrony Financial Expansion – 975 Keller Rd.), the largest tenant (25,080 square feet), representing 100.0% of net rentable square feet has a one-time right to terminate its lease effective January 31, 2023, with 12 months’ prior written notice and payment of a termination fee equal to $727,928.
                             
    For mortgage loan #48 (Walgreens – Reedsburg), the sole tenant (14,820 square feet), representing 100.0% of net rentable square feet of the portfolio, may terminate its lease as of February 28, 2031, and every month thereafter, upon providing at least 12 months’ prior written notice.
                             
  (13) For mortgage loan #3 (Rentar Plaza), the second largest tenant (265,000 square feet), representing 16.9% of the net rentable square feet, subleases its space to 15 tenants for an annual base rent of $4,400,639 ($16.61 per square foot).  The terms of the three largest subtenants are as follows: (i) 135,254 square feet space for an annual base rent of $2,583,514 ($19,10 per square foot, expiring on September 30, 2024); (ii) 27,378 square feet space for an annual base rent of $492,000 ($17.97 per square foot, expiring on October 31, 2023); and (iii) 11,700 square feet space for an annual base rent of $269,100 ($23.00 per square foot, expiring on June 30, 2025).
                             
    For mortgage loan #8 (333 North Bedford), the largest tenant (117,942 square feet), representing 19.3% of the net rentable square feet, subleases 17,200 square feet for an annual base rent of $360,000 ($20.93 per square foot, expiring December 31, 2024). The fourth largest tenant (42,693 square feet), representing 7.0% of the net rentable square feet, subleases 1,300 square feet for an annual base rent of $58,200 ($44.77 per square foot, expiring December 31, 2020).
                             
  (14) For mortgage loan #8 (333 North Bedford), the tenants occupying 207,973 square feet, representing 34.0% of the net rentable square feet, are related to the sponsor.
                             
    For mortgage loan #47 (DuVal Enterprises Building), the second and fifth largest tenants (10,985 square feet), representing 19.6% of net rentable square feet, are related to the sponsor.
                             
  (15) For mortgage loan #6 (Cassa Times Square Mixed-Use), the Monthly Replacement Reserve will be adjusted based on quarterly operating statements for the mortgaged property and will be greater of: (i) one-twelfth of: (x) 2% for the first 12 Payment Dates; (y) 3% for the 13th through 24th Payments Dates; and (z) 4% thereafter, of the greater of: (A) the rents generated by the hotel condominium unit during the twelve 12 month period ending on the last day of the most recent calendar quarter for which Borrower has furnished financial statements pursuant to loan agreement; and (B) the rents projected for the hotel condominium unit in the then-effective approved annual budget for the 12 month period to which such annual budget relates; and (ii) the amount, if any, required to be reserved under the management agreement for furniture, fixtures and equipment work.
                             
    For mortgage loan #10 (Sixty Soho), the Monthly Replacement Reserve will be adjusted based on annual operating statements for the mortgaged property commencing on February 5, 2018 through and including the Maturity Date, and will be equal to the product of: (x) 10% for January, 0% for February and March and 10% for April to December; and (y) 4% of the rents generated for the prior calendar year.
                             
    For mortgage loan #11 (Hyatt House Philadelphia/King of Prussia), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the existing Monthly Replacement Reserve and 1/12th of 4% of the operating income for the prior fiscal year.
                             
    For mortgage loan #15 (Hilton Head Village), commencing on January 6, 2023, the Replacement Reserve Cap will be equal to $88,832.

 

 

                             
    For mortgage loan #25 (Hampton Inn Exton), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of: (i) (a) through August 2017, $5,852, (b) commencing on September 2017, 1/12th of 3.0% of annual gross revenue for the prior 12 month period; and (c) commencing on September 2018, 1/12th of 4.0% of annual gross revenue for the prior 12 month period; and (ii) monthly amount required under the franchise agreement.
                             
    For mortgage loan #31 (Fairfield Inn Avon), the Monthly Replacement Reserve will be adjusted based on monthly operating statements for the mortgaged property and will be an amount of 4.0% of the prior month’s gross rent.
                             
    For mortgage loan #37 (Country Inn and Suites Savannah Airport), the Monthly Replacement Reserve will be adjusted based annual operating statements and will be the greater of: (i) 1/12th of 4.0% of the prior year’s gross revenues; or (ii) the amount required under the franchise agreement.
    For loan #38 (Maple Wayview Apartments), the Monthly Replacement Reserve will commence on September 6, 2018.
                             
    For mortgage loan #39 (Holiday Inn Express – Yulee), Monthly Replacement Reserve will be adjusted for the period starting on the closing date of the mortgage loan and ending August 5, 2018, to the greater of: (a) 1/12 of: (i) 2% through August 5, 2018; and (ii) 4% thereafter of gross income from operations during the calendar year immediately preceding the calendar year in which such monthly payment date occurs; and (b) the aggregate amount, if any, required to be reserved under the management and franchise agreements.
                             
  (16) For mortgage loan #15 (Hilton Head Village), commencing on November 6, 2022, to the extent there are no outstanding tenant improvements and leasing commissions and no default or event of default is continuing, the TI/LC Reserve Cap will be equal to $277,605.
                             
  (17) For mortgage loan #7 (Plaza Mexico – Los Angeles), Other Escrow II (Initial) includes the upfront Planet Fitness TI/LC Reserve of $611,613, upfront Food 4 Less CAM Reserve of $88,068, upfront La Curacao CAM Reserve of $50,000, upfront Litigation Reserve of $56,250, upfront Proposed Construction Reserve of $69,999 and upfront Earthquake Insurance Reserve of $150,000.
                             
  (18) For mortgage loan #31 (Fairfield Inn Avon), Other Escrow II (Monthly) is a seasonal reserve account. The borrower will make monthly deposits on each payment date as follows: in May an amount equal to $5,000; in June and July an amount equal to $10,000 each month; in August and September an amount equal to $15,000 each month; in October an amount equal to $10,000; and in November and amount equal to $5,000.
                             
  (19) For mortgage loan #12 (Crate & Barrel), with respect to Annual Ground Rent Increases, a ground rent adjustment will occur in the 10th, 15th, 20th, 26th, 51st and 76th lease years, with Annual Ground Rent Increases commencing in the 27th lease year and each subsequent year thereafter, except for the 51st and 76th lease years. The ground rent adjustment occurring in the 10th, 15th and 20th lease years will be an amount equal to  the product of (x) the prior base rent multiplied by (y) a fraction, the numerator of which is the current CPI, and the denominator of which is the base CPI. In no event will the base rent escalate more than 10% over the prior base rent or be less than the prior base rent. The ground rent adjustment occurring in the 26th, 51st and 76th lease year will be an amount equal to the product of the fair market value of the land multiplied by the cap rate of 9.50%. The ground rent increase occurring in the 27th lease and each subsequent year thereafter, except for the 51st and 76th lease years, will be an amount equal to the product of (x) the prior base rent multiplied by (y) a fraction, the numerator of which is the current CPI, and the denominator of which is the base CPI.
                             
    For mortgage loan #37 (Country Inn and Suites Savannah Airport), with respect to Annual Ground Rent Increases, the ground lessor reserves the right to adjust ground rent every five years by an amount equal to the product of the appraised fair market value multiplied by the number of leased acres multiplied by 10% or the then-current multiplier. The right to adjust rent is conditioned upon all parties that have executed an agreement with the ground lessor agreeing to the same thing in writing.