FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226486-21 | ||
WFCM 2021-C60 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. 333-226486) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, Credit Suisse Securities (USA) LLC, UBS Securities LLC, Academy Securities, Inc., Drexel Hamilton, LLC, Siebert Williams Shank & Co., LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES The 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.
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WFCM 2021-C60 ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator (1) | Mortgage Loan Seller (1) | Related Group | Crossed Group | Address | City | County |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | 8.7% | WFB | WFB | NAP | NAP | Various | Lansdale | Montgomery | |
1.01 | Property | 1 | 2750 Morris Road | 4.9% | 56.5% | 2750 Morris Road | Lansdale | Montgomery | |||||
1.02 | Property | 1 | 1180 Church Road | 3.8% | 43.5% | 1180 Church Road | Lansdale | Montgomery | |||||
2.00 | Loan | 1 | The Grace Building | 6.7% | 100.0% | Column Financial, Inc., Bank of America, N.A., DBR Investments Co. Limited and JPMorgan Chase Bank, National Association | Column | NAP | NAP | 1114 Avenue of the Americas | New York | New York | |
3.00 | Loan | 1 | Malibu Colony Plaza | 6.4% | 100.0% | LMF | LMF | NAP | NAP | 23705 Malibu Road | Malibu | Los Angeles | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | 4.9% | UBS AG | UBS AG | NAP | NAP | Various | DeKalb | DeKalb | ||
4.01 | Property | 1 | University Heights | 1.2% | 23.5% | 1110 and 1120 Varsity Boulevard | DeKalb | DeKalb | |||||
4.02 | Property | 1 | Ashbury Court | 1.0% | 21.2% | 813, 819, 825, 829, 831 and 843 West Taylor Street | DeKalb | DeKalb | |||||
4.03 | Property | 1 | James Court | 0.8% | 16.4% | 2509, 2510, 2519, 2520, 2529, 2530, 2611, 2612, 2621, 2622, 2631 and 2632 North First Street | DeKalb | DeKalb | |||||
4.04 | Property | 1 | Old Orchard | 0.4% | 9.1% | 1001 West Lincoln Highway | DeKalb | DeKalb | |||||
4.05 | Property | 1 | Ashbury East | 0.4% | 8.8% | 807 West Taylor Street | DeKalb | DeKalb | |||||
4.06 | Property | 1 | Colonial West | 0.4% | 7.6% | 1010 West Lincoln Highway | DeKalb | DeKalb | |||||
4.07 | Property | 1 | Colonial East | 0.4% | 7.2% | 1004 West Lincoln Highway | DeKalb | DeKalb | |||||
4.08 | Property | 1 | Cardinal Apartments | 0.3% | 6.2% | 823 West Lincoln Highway | DeKalb | DeKalb | |||||
5.00 | Loan | 1 | Gramercy Plaza | 3.6% | 100.0% | WFB | WFB | NAP | NAP | 2050 West 190th Street | Torrance | Los Angeles | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | 3.6% | 100.0% | Column Financial, Inc. | Column | NAP | NAP | 16842 North 7th Street | Phoenix | Maricopa |
7.00 | Loan | 14 | Rollins Portfolio | 3.3% | UBS AG | UBS AG | NAP | NAP | Various | Various | Various | ||
7.01 | Property | 1 | Lodi | 0.9% | 26.1% | 555 North Guild Avenue | Lodi | San Joaquin | |||||
7.02 | Property | 1 | Sacramento | 0.3% | 8.4% | 5822 Roseville Road | Sacramento | Sacramento | |||||
7.03 | Property | 1 | Geotech Supply | 0.3% | 8.0% | 9888 Horn Road | Sacramento | Sacramento | |||||
7.04 | Property | 1 | Vacaville | 0.2% | 7.4% | 811 Eubanks Drive | Vacaville | Solano | |||||
7.05 | Property | 1 | Rancho Cordova | 0.2% | 6.8% | 11285 White Rock Road | Rancho Cordova | Sacramento | |||||
7.06 | Property | 1 | Modesto | 0.2% | 6.2% | 480 Service Road | Modesto | Stanislaus | |||||
7.07 | Property | 1 | Auburn | 0.2% | 6.1% | 12300 Locksley Lane | Auburn | Placer | |||||
7.08 | Property | 1 | Livermore | 0.2% | 5.7% | 2373 Research Drive | Livermore | Alameda | |||||
7.09 | Property | 1 | Salinas | 0.2% | 5.4% | 12360 Christensen Road | Salinas | Monterey | |||||
7.10 | Property | 1 | Yuba City | 0.2% | 5.0% | 1288 Garden Highway | Yuba City | Sutter | |||||
7.11 | Property | 1 | Santa Rosa | 0.1% | 4.3% | 3215 Brickway Boulevard | Santa Rosa | Sonoma | |||||
7.12 | Property | 1 | Redding | 0.1% | 4.1% | 3080 Crossroads Drive | Redding | Shasta | |||||
7.13 | Property | 1 | Chico | 0.1% | 3.5% | 180 Eaton Road | Chico | Butte | |||||
7.14 | Property | 1 | Sonora | 0.1% | 2.9% | 429 Mono Way | Sonora | Tuolumne | |||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 3.2% | 100.0% | LMF | LMF | NAP | NAP | 1010 Euclid Avenue | Cleveland | Cuyahoga |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | 3.1% | 100.0% | LCF | LCF | NAP | NAP | 2302 Webster Avenue | Bronx | Bronx |
10.00 | Loan | 1 | The Wyatt at Northern Lights | 3.0% | 100.0% | LMF | LMF | NAP | NAP | 1410 30th Avenue Northwest | Minot | Ward | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | 2.7% | 100.0% | LCF | LCF | NAP | NAP | 2243 Jackson Avenue | Long Island City | Queens |
12.00 | Loan | 16, 17 | 1 | The Westchester | 2.7% | 100.0% | Column Financial, Inc. | Column | NAP | NAP | 125 Westchester Avenue | White Plains | Westchester |
13.00 | Loan | 1 | Metro Crossing | 2.7% | 100.0% | WFB | WFB | NAP | NAP | 3626 Metro Crossing Drive | Council Bluffs | Pottawattamie | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | 2.7% | WFB | WFB | NAP | NAP | Various | Various | Various | |
14.01 | Property | 1 | Kroger - Columbus, OH | 0.6% | 23.7% | 850 South Hamilton Road | Columbus | Franklin | |||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | 0.6% | 22.4% | 1190-1280 State Route 303 | Streetsboro | Portage | |||||
14.03 | Property | 1 | Walgreens - Cordova, TN | 0.3% | 11.0% | 9028 Walnut Grove Road | Memphis | Shelby | |||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | 0.2% | 7.2% | 4353 Groom Road | Baker | East Baton Rouge | |||||
14.05 | Property | 1 | BB&T - Lancaster, PA | 0.2% | 7.1% | 270 Good Drive | Lancaster | Lancaster | |||||
14.06 | Property | 1 | Dollar General - Delhi, CA | 0.2% | 6.6% | 9840 Stephens Street | Delhi | Merced | |||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | 0.2% | 6.5% | 173 Columbiana Drive | Columbia | Lexington | |||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | 0.1% | 4.5% | 4020 East Main Street | Whitehall | Franklin | |||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | 0.1% | 4.3% | 2125 West Broadway Street | Idaho Falls | Bonneville | |||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | 0.1% | 3.6% | 24 Scotch Road | Trenton | Mercer | |||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | 0.1% | 3.0% | 1815 Milwaukee Avenue | Lubbock | Lubbock | |||||
15.00 | Loan | 1 | Seacrest Homes | 2.4% | 100.0% | BSPRT | BSPRT | NAP | NAP | 1309 West Sepulveda Boulevard | Torrance | Los Angeles | |
16.00 | Loan | 1 | Ranch Self Storage | 2.2% | 100.0% | LMF | LMF | NAP | NAP | 36610 Briggs Road | Murrieta | Riverside | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 2.0% | 100.0% | UBS AG | UBS AG | Group 1 | NAP | 5600 Jefferson Highway | Elmwood | Jefferson Parish |
18.00 | Loan | 21 | 1 | Herndon Square | 2.0% | 100.0% | BSPRT | BSPRT | NAP | NAP | 500, 505, 510, 520, 530 and 540 Huntmar Park Drive | Herndon | Fairfax |
19.00 | Loan | 1 | The Plaza at Williams Centre | 1.9% | 100.0% | WFB | WFB | NAP | NAP | 5340-5480 East Broadway Boulevard | Tucson | Pima | |
20.00 | Loan | 1 | Lafayette Arms Apartments | 1.5% | 100.0% | BSPRT | BSPRT | NAP | NAP | 194 Washington Street | Hartford | Hartford | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | 1.4% | 100.0% | LMF | LMF | NAP | NAP | 231 Hudson Street | New York | New York | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | 1.4% | 100.0% | LCF | LCF | NAP | NAP | 1720 Treetop Drive | Charlottesville | Albemarle | |
23.00 | Loan | 1 | 884 Riverside Drive | 1.4% | 100.0% | LMF | LMF | NAP | NAP | 884 Riverside Drive | New York | New York | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | 1.2% | WFB | WFB | NAP | NAP | Various | Various | Various | |
24.01 | Property | 1 | Securlock - Casa Grande | 0.6% | 49.7% | 517 North Colorado Street | Casa Grande | Pima | |||||
24.02 | Property | 1 | Securlock - Cordova | 0.3% | 26.2% | 1570 Bonnie Lane | Cordova | Shelby | |||||
24.03 | Property | 1 | Securlock - Antioch | 0.3% | 24.1% | 4221 Hurricane Creek Boulevard | Antioch | Davidson | |||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | 1.2% | 100.0% | LMF | LMF | NAP | NAP | 4281 Highway 51 | La Place | St. John the Baptist Parish |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | 1.1% | 100.0% | WFB | WFB | NAP | NAP | 18612 & 19612 South Lindsay Road | Gilbert | Maricopa |
27.00 | Loan | 1 | Interstate Self Storage | 1.1% | 100.0% | LMF | LMF | NAP | NAP | 2707 Southwest 40th Boulevard | Gainesville | Alachua | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | 1.1% | LCF | LCF | NAP | NAP | Various | New York | New York | |
28.01 | Property | 1 | 260-262 West 122nd Street | 0.2% | 15.5% | 260-262 West 122nd Street | New York | New York | |||||
28.02 | Property | 1 | 240 West 122nd Street | 0.1% | 12.7% | 240 West 122nd Street | New York | New York | |||||
28.03 | Property | 1 | 238 West 122nd Street | 0.1% | 12.5% | 238 West 122nd Street | New York | New York | |||||
28.04 | Property | 1 | 242 West 122nd Street | 0.1% | 11.8% | 242 West 122nd Street | New York | New York | |||||
28.05 | Property | 1 | 236 West 122nd Street | 0.1% | 10.0% | 236 West 122nd Street | New York | New York | |||||
28.06 | Property | 1 | 244 West 122nd Street | 0.1% | 9.7% | 244 West 122nd Street | New York | New York | |||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | 0.1% | 8.8% | 2268 Frederick Douglass Boulevard | New York | New York | |||||
28.08 | Property | 1 | 234 West 122nd Street | 0.1% | 7.4% | 234 West 122nd Street | New York | New York |
A-1-1
WFCM 2021-C60 ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES | |||||||||||||
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator (1) | Mortgage Loan Seller (1) | Related Group | Crossed Group | Address | City | County |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | 0.1% | 6.3% | 222 Saint Nicholas Avenue | New York | New York | |||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | 0.0% | 2.6% | 2500 Frederick Douglass Boulevard | New York | New York | |||||
28.11 | Property | 1 | 262 West 115th Street | 0.0% | 2.6% | 262 West 115th Street | New York | New York | |||||
29.00 | Loan | 28 | 1 | Heights Marketplace | 1.1% | 100.0% | LMF | LMF | NAP | NAP | 174 Yale Street | Houston | Harris |
30.00 | Loan | 1 | TownePlace Suites The Villages | 1.0% | 100.0% | WFB | WFB | NAP | NAP | 1141 Alonzo Avenue | Lady Lake | Lady Lake | |
31.00 | Loan | 1 | Garver Little Rock | 1.0% | 100.0% | UBS AG | UBS AG | NAP | NAP | 4701 Northshore Drive | North Little Rock | Pulaski | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | 0.9% | 100.0% | BSPRT | BSPRT | NAP | NAP | 836 William Hilton Parkway | Hilton Head | Beaufort |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | 0.9% | LMF | LMF | NAP | NAP | Various | Bronx | Bronx | ||
33.01 | Property | 1 | 375 East 209th Street | 0.4% | 41.8% | 375 East 209th Street | Bronx | Bronx | |||||
33.02 | Property | 1 | 2679 Decatur Avenue | 0.3% | 36.8% | 2679 Decatur Avenue | Bronx | Bronx | |||||
33.03 | Property | 1 | 3053 Hull Avenue | 0.2% | 21.4% | 3053 Hull Avenue | Bronx | Bronx | |||||
34.00 | Loan | 1 | Arizona Pavilions | 0.9% | 100.0% | LMF | LMF | NAP | NAP | 5920 Arizona Pavilions Drive | Tucson | Pima | |
35.00 | Loan | 30 | 1 | Boonton Industrial | 0.9% | 100.0% | LMF | LMF | NAP | NAP | 95 Fulton Street | Boonton | Morris |
36.00 | Loan | 1 | Leisure Living | 0.8% | 100.0% | Oceanview Commercial Mortgage Finance, LLC | Column | NAP | NAP | 700 Leisure Drive | Fort Worth | Tarrant | |
37.00 | Loan | 31 | 1 | Walmart Deland | 0.8% | 100.0% | BSPRT | BSPRT | Group 2 | Group A | 955 South Woodland Boulevard | Deland | Volusia |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 0.8% | 100.0% | LMF | LMF | NAP | NAP | 2542A, 2544A, 2546A, 2548A White Plains Road | Bronx | Bronx |
39.00 | Loan | 1 | Lost River Self Storage | 0.8% | 100.0% | LMF | LMF | NAP | NAP | 2823 Nashville Road | Bowling Green | Warren | |
40.00 | Loan | 1 | Clara Point Apartments | 0.8% | 100.0% | LMF | LMF | NAP | NAP | 300 Applecross Drive | Augusta | Columbia | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | 0.7% | 100.0% | LCF | LCF | NAP | NAP | 2525 Antioch Road | Cumming | Forsyth |
42.00 | Loan | 1 | AC Self Storage - Missouri City | 0.7% | 100.0% | WFB | WFB | Group 3 | NAP | 2604 FM 1092 Road | Missouri City | Fort Bend | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | 0.7% | 100.0% | WFB | WFB | Group 3 | NAP | 5500 US Highway 287 | Arlington | Tarrant | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | 0.7% | 100.0% | BSPRT | BSPRT | NAP | NAP | 14440 Warwick Boulevard | Newport News | City of Newport News |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | 0.6% | 100.0% | BSPRT | BSPRT | Group 2 | Group A | 40663 North Gantzel Road | San Tan Valley | Pinal |
46.00 | Loan | 1 | Amidon Place Apartments | 0.6% | 100.0% | LMF | LMF | NAP | NAP | 2727 North Amidon Avenue | Wichita | Sedgwick | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 0.6% | 100.0% | LMF | LMF | NAP | NAP | 387-575 North Estrella Parkway and 15420 West Van Buren Street | Goodyear | Maricopa |
48.00 | Loan | 39 | 1 | Federales Chicago | 0.6% | 100.0% | LCF | LCF | NAP | NAP | 180 North Morgan Street | Chicago | Cook |
49.00 | Loan | 1 | Shops at Valle Vista | 0.5% | 100.0% | LMF | LMF | NAP | NAP | 902 Dixieland Road | Harlingen | Cameron | |
50.00 | Loan | 1 | Villas at the Woodlands | 0.5% | 100.0% | LMF | LMF | NAP | NAP | 7225 Crane Avenue | Jacksonville | Duval | |
51.00 | Loan | 1 | Turtle Creek Apartments | 0.5% | 100.0% | UBS AG | UBS AG | NAP | NAP | 3600 Western Avenue | Connersville | Fayette | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | 0.5% | 100.0% | BSPRT | BSPRT | NAP | NAP | 7603 Boeing Drive | Greensboro | Guilford |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | 0.4% | 100.0% | LMF | LMF | NAP | NAP | 115 Garfield Street North | Cambridge | Isanti |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | 0.4% | 100.0% | BSPRT | BSPRT | NAP | NAP | 1823 East 8th Street | Anderson | Madison |
55.00 | Loan | 1 | Lord Duplin Apartments | 0.4% | 100.0% | LMF | LMF | NAP | NAP | 103 Brewer Boulevard | Warsaw | Duplin | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | 0.4% | LMF | LMF | NAP | NAP | Various | Various | Various | ||
56.01 | Property | 1 | City Walk MHC | 0.3% | 61.6% | 208 Center Drive | Siler City | Chatham | |||||
56.02 | Property | 1 | Oak Hill MHC | 0.2% | 38.4% | 15-125 and 65 Oak Hollow Lane | Sanford | Lee | |||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | 0.3% | 100.0% | LMF | LMF | NAP | NAP | 4070 Butler Pike | Plymouth Meeting | Montgomery |
58.00 | Loan | 1 | 7-Eleven Tampa | 0.3% | 100.0% | BSPRT | BSPRT | NAP | NAP | 10906 N Nebraska Avenue | Tampa | Hillsborough | |
59.00 | Loan | 1 | CVS Mars Hill | 0.3% | 100.0% | LMF | LMF | NAP | NAP | 191 Carl Eller Road | Mars Hill | Madison | |
60.00 | Loan | 1 | 5800 Brookhollow | 0.3% | 100.0% | UBS AG | UBS AG | Group 1 | NAP | 5800 Jefferson Highway | Elmwood | Jefferson Parish | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | 0.1% | 100.0% | LCF | LCF | NAP | NAP | 3139 East Washington Road | Saginaw | Saginaw |
A-1-2
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | PA | 19446 | Industrial | Warehouse | Various | 2021 | 1,130,782 | SF | 66.33 | 65,000,000 | 65,000,000 | 65,000,000 | 3.23000% | 0.01760% | 3.21240% | NAP | 177,388.31 | NAP | 2,128,659.72 | Interest Only | No | Actual/360 |
1.01 | Property | 1 | 2750 Morris Road | PA | 19446 | Industrial | Warehouse | 1989 | 2021 | 681,126 | SF | 36,719,818 | 36,719,818 | 36,719,818 | ||||||||||||
1.02 | Property | 1 | 1180 Church Road | PA | 19446 | Industrial | Warehouse | 1966 | 2021 | 449,656 | SF | 28,280,182 | 28,280,182 | 28,280,182 | ||||||||||||
2.00 | Loan | 1 | The Grace Building | NY | 10036 | Office | CBD | 1974 | 2018 | 1,556,972 | SF | 567.13 | 50,000,000 | 50,000,000 | 50,000,000 | 2.69210% | 0.01760% | 2.67450% | NAP | 113,728.76 | NAP | 1,364,745.12 | Interest Only | No | Actual/360 | |
3.00 | Loan | 1 | Malibu Colony Plaza | CA | 90265 | Retail | Anchored | 1989 | NAP | 114,370 | SF | 419.69 | 48,000,000 | 48,000,000 | 48,000,000 | 3.75000% | 0.01760% | 3.73240% | NAP | 152,083.33 | NAP | 1,824,999.96 | Interest Only | No | Actual/360 | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | IL | 60115 | Multifamily | Garden | Various | NAP | 626 | Units | 59,105.43 | 37,000,000 | 37,000,000 | 33,639,236 | 3.99100% | 0.03510% | 3.95590% | 176,451.73 | 124,764.94 | 2,117,420.76 | 1,497,179.28 | Interest Only, Amortizing Balloon | No | Actual/360 | |
4.01 | Property | 1 | University Heights | IL | 60115 | Multifamily | Garden | 1972 | NAP | 171 | Units | 8,699,947 | 8,699,947 | 7,909,718 | ||||||||||||
4.02 | Property | 1 | Ashbury Court | IL | 60115 | Multifamily | Garden | 1978 | NAP | 144 | Units | 7,837,143 | 7,837,143 | 7,125,284 | ||||||||||||
4.03 | Property | 1 | James Court | IL | 60115 | Multifamily | Garden | 1967 | NAP | 96 | Units | 6,061,204 | 6,061,204 | 5,510,656 | ||||||||||||
4.04 | Property | 1 | Old Orchard | IL | 60115 | Multifamily | Garden | 1984 | NAP | 36 | Units | 3,364,939 | 3,364,939 | 3,059,297 | ||||||||||||
4.05 | Property | 1 | Ashbury East | IL | 60115 | Multifamily | Garden | 1978 | NAP | 60 | Units | 3,271,468 | 3,271,468 | 2,974,316 | ||||||||||||
4.06 | Property | 1 | Colonial West | IL | 60115 | Multifamily | Garden | 1984 | NAP | 40 | Units | 2,811,306 | 2,811,306 | 2,555,951 | ||||||||||||
4.07 | Property | 1 | Colonial East | IL | 60115 | Multifamily | Garden | 1984 | NAP | 38 | Units | 2,674,695 | 2,674,695 | 2,431,749 | ||||||||||||
4.08 | Property | 1 | Cardinal Apartments | IL | 60115 | Multifamily | Garden | 1976 | NAP | 41 | Units | 2,279,298 | 2,279,298 | 2,072,266 | ||||||||||||
5.00 | Loan | 1 | Gramercy Plaza | CA | 90504 | Office | Suburban | 1991 | 2019 | 157,008 | SF | 173.24 | 27,200,000 | 27,200,000 | 27,200,000 | 3.28100% | 0.03760% | 3.24340% | NAP | 75,402.24 | NAP | 904,826.88 | Interest Only | No | Actual/360 | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | AZ | 85022 | Retail | Shadow Anchored | 1988 | NAP | 130,713 | SF | 203.50 | 26,600,000 | 26,600,000 | 21,496,721 | 3.52100% | 0.01760% | 3.50340% | 119,757.92 | 79,132.84 | 1,437,095.04 | 949,594.08 | Interest Only, Amortizing Balloon | No | Actual/360 |
7.00 | Loan | 14 | Rollins Portfolio | CA | Various | Industrial | Flex | Various | Various | 232,340 | SF | 169.58 | 24,400,000 | 24,400,000 | 24,400,000 | 3.20950% | 0.01760% | 3.19190% | NAP | 66,166.22 | NAP | 793,994.64 | Interest Only | No | Actual/360 | |
7.01 | Property | 1 | Lodi | CA | 95240 | Industrial | Flex | 2007 | NAP | 55,632 | SF | 6,374,615 | 6,374,615 | 6,374,615 | ||||||||||||
7.02 | Property | 1 | Sacramento | CA | 95842 | Industrial | Flex | 1985 | 2017 | 19,128 | SF | 2,042,107 | 2,042,107 | 2,042,107 | ||||||||||||
7.03 | Property | 1 | Geotech Supply | CA | 95827 | Industrial | Flex | 2001 | NAP | 25,020 | SF | 1,951,731 | 1,951,731 | 1,951,731 | ||||||||||||
7.04 | Property | 1 | Vacaville | CA | 95688 | Industrial | Flex | 1990 | 2015 | 13,840 | SF | 1,806,157 | 1,806,157 | 1,806,157 | ||||||||||||
7.05 | Property | 1 | Rancho Cordova | CA | 95742 | Industrial | Flex | 1994 | NAP | 15,520 | SF | 1,662,792 | 1,662,792 | 1,662,792 | ||||||||||||
7.06 | Property | 1 | Modesto | CA | 95307 | Industrial | Flex | 2001 | NAP | 16,016 | SF | 1,513,543 | 1,513,543 | 1,513,543 | ||||||||||||
7.07 | Property | 1 | Auburn | CA | 95602 | Industrial | Flex | 1999 | NAP | 19,750 | SF | 1,486,294 | 1,486,294 | 1,486,294 | ||||||||||||
7.08 | Property | 1 | Livermore | CA | 94550 | Industrial | Flex | 2003 & 2015 | NAP | 9,920 | SF | 1,402,690 | 1,402,690 | 1,402,690 | ||||||||||||
7.09 | Property | 1 | Salinas | CA | 93907 | Industrial | Flex | 2004 | NAP | 8,005 | SF | 1,310,416 | 1,310,416 | 1,310,416 | ||||||||||||
7.10 | Property | 1 | Yuba City | CA | 95991 | Industrial | Flex | 2012 | NAP | 9,920 | SF | 1,230,528 | 1,230,528 | 1,230,528 | ||||||||||||
7.11 | Property | 1 | Santa Rosa | CA | 95403 | Industrial | Flex | 2002 | NAP | 8,525 | SF | 1,059,914 | 1,059,914 | 1,059,914 | ||||||||||||
7.12 | Property | 1 | Redding | CA | 96003 | Industrial | Flex | 2007 | 2011 | 12,480 | SF | 1,007,893 | 1,007,893 | 1,007,893 | ||||||||||||
7.13 | Property | 1 | Chico | CA | 95973 | Industrial | Flex | 2012 | NAP | 9,634 | SF | 854,619 | 854,619 | 854,619 | ||||||||||||
7.14 | Property | 1 | Sonora | CA | 95370 | Industrial | Flex | 1998 | NAP | 8,950 | SF | 696,701 | 696,701 | 696,701 | ||||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | OH | 44114 | Mixed Use | Multifamily/Retail/Office | 1907 | 2015 | 138,515 | SF | 175.07 | 24,250,000 | 24,250,000 | 19,775,046 | 4.68000% | 0.01760% | 4.66240% | 125,478.32 | NAP | 1,505,739.84 | NAP | Amortizing Balloon | No | Actual/360 |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | NY | 10458 | Multifamily | Mid Rise | 2020 | NAP | 71 | Units | 326,760.56 | 23,200,000 | 23,200,000 | 23,200,000 | 3.80600% | 0.01760% | 3.78840% | NAP | 74,604.65 | NAP | 895,255.80 | Interest Only | No | Actual/360 |
10.00 | Loan | 1 | The Wyatt at Northern Lights | ND | 58703 | Multifamily | Garden | 2014 | NAP | 276 | Units | 82,427.54 | 22,750,000 | 22,750,000 | 22,750,000 | 4.34000% | 0.01760% | 4.32240% | NAP | 83,421.93 | NAP | 1,001,063.16 | Interest Only | No | Actual/360 | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | NY | 11101 | Retail | Unanchored | 2021 | NAP | 25,996 | SF | 780.89 | 20,300,000 | 20,300,000 | 20,300,000 | 3.72800% | 0.01760% | 3.71040% | NAP | 63,941.24 | NAP | 767,294.88 | Interest Only | No | Actual/360 |
12.00 | Loan | 16, 17 | 1 | The Westchester | NY | 10601 | Retail | Super-Regional Mall | 1995 | 2015-2017 | 809,311 | SF | 423.82 | 20,000,000 | 20,000,000 | 20,000,000 | 3.25000% | 0.01635% | 3.23365% | NAP | 54,918.98 | NAP | 659,027.76 | Interest Only | No | Actual/360 |
13.00 | Loan | 1 | Metro Crossing | IA | 51501 | Retail | Anchored | 2008 | NAP | 310,130 | SF | 111.08 | 20,000,000 | 20,000,000 | 17,983,812 | 3.35800% | 0.01760% | 3.34040% | 88,231.15 | NAP | 1,058,773.80 | NAP | Amortizing Balloon | No | Actual/360 | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | Various | Various | Various | Various | Various | Various | 210,447 | SF | 95.04 | 20,000,000 | 20,000,000 | 20,000,000 | 2.90000% | 0.01760% | 2.88240% | NAP | 49,004.63 | NAP | 588,055.56 | Interest Only | No | Actual/360 |
14.01 | Property | 1 | Kroger - Columbus, OH | OH | 43213 | Retail | Single Tenant | 1993 | 2013 | 61,387 | SF | 4,746,752 | 4,746,752 | 4,746,752 | ||||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | OH | 44240 | Retail | Single Tenant | 2001 | 2010 | 68,536 | SF | 4,481,570 | 4,481,570 | 4,481,570 | ||||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | TN | 38018 | Retail | Single Tenant | 2002 | NAP | 15,120 | SF | 2,206,311 | 2,206,311 | 2,206,311 | ||||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | LA | 70714 | Office | Medical | 2013 | NAP | 9,231 | SF | 1,442,588 | 1,442,588 | 1,442,588 | ||||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | PA | 17603 | Retail | Single Tenant | 2003 | NAP | 2,972 | SF | 1,410,766 | 1,410,766 | 1,410,766 | ||||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | CA | 95315 | Retail | Single Tenant | 2013 | NAP | 9,002 | SF | 1,325,908 | 1,325,908 | 1,325,908 | ||||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | SC | 29212 | Retail | Single Tenant | 1995 | NAP | 6,000 | SF | 1,299,390 | 1,299,390 | 1,299,390 | ||||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | OH | 43213 | Retail | Single Tenant | 1996 | NAP | 7,785 | SF | 901,618 | 901,618 | 901,618 | ||||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | ID | 83402 | Retail | Single Tenant | 1999 | 2018 | 11,800 | SF | 864,492 | 864,492 | 864,492 | ||||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NJ | 08628 | Retail | Single Tenant | 1964 | 2019 | 9,600 | SF | 715,990 | 715,990 | 715,990 | ||||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | TX | 79416 | Retail | Single Tenant | 2006 | NAP | 9,014 | SF | 604,614 | 604,614 | 604,614 | ||||||||||||
15.00 | Loan | 1 | Seacrest Homes | CA | 90501 | Multifamily | Mid Rise | 2019 | NAP | 176 | Units | 272,727.27 | 18,000,000 | 18,000,000 | 18,000,000 | 3.89000% | 0.01760% | 3.87240% | NAP | 59,160.42 | NAP | 709,925.04 | Interest Only | No | Actual/360 | |
16.00 | Loan | 1 | Ranch Self Storage | CA | 92563 | Self Storage | Self Storage | 2018 | NAP | 129,687 | SF | 127.23 | 16,500,000 | 16,500,000 | 15,215,318 | 4.88000% | 0.01760% | 4.86240% | 87,369.44 | 68,031.94 | 1,048,433.28 | 816,383.28 | Interest Only, Amortizing Balloon | No | Actual/360 | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | LA | 70123 | Industrial | Warehouse Distribution | 1974 | NAP | 412,293 | SF | 36.38 | 15,000,000 | 15,000,000 | 15,000,000 | 2.85000% | 0.01760% | 2.83240% | NAP | 36,119.79 | NAP | 433,437.48 | Interest Only | No | Actual/360 |
18.00 | Loan | 21 | 1 | Herndon Square | VA | 20170 | Office | Suburban | 1988 | NAP | 263,507 | SF | 115.26 | 15,000,000 | 14,936,855 | 11,954,098 | 4.02000% | 0.01760% | 4.00240% | 71,785.36 | NAP | 861,424.32 | NAP | Amortizing Balloon | No | Actual/360 |
19.00 | Loan | 1 | The Plaza at Williams Centre | AZ | 85711 | Retail | Unanchored | 1988 | NAP | 96,860 | SF | 144.54 | 14,000,000 | 14,000,000 | 10,909,797 | 3.40800% | 0.01760% | 3.39040% | 62,149.49 | NAP | 745,793.88 | NAP | Amortizing Balloon | No | Actual/360 | |
20.00 | Loan | 1 | Lafayette Arms Apartments | CT | 06106 | Multifamily | Mid Rise | 1968 | 2020 | 141 | Units | 78,014.18 | 11,000,000 | 11,000,000 | 8,987,003 | 3.85000% | 0.01760% | 3.83240% | 51,568.91 | 35,781.83 | 618,826.92 | 429,381.96 | Interest Only, Amortizing Balloon | No | Actual/360 | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | NY | 10013 | Other | Leased Fee | NAP | NAP | 12,937 | SF | 827.09 | 10,700,000 | 10,700,000 | 8,351,486 | 3.45000% | 0.01760% | 3.43240% | 47,749.64 | NAP | 572,995.68 | NAP | Amortizing Balloon | No | Actual/360 | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | VA | 22903 | Multifamily | Garden | 2007 | NAP | 72 | Units | 147,916.67 | 10,650,000 | 10,650,000 | 10,650,000 | 3.65000% | 0.01760% | 3.63240% | NAP | 32,843.66 | NAP | 394,123.92 | Interest Only | No | Actual/360 | |
23.00 | Loan | 1 | 884 Riverside Drive | NY | 10032 | Multifamily | Mid Rise | 1920 | 2012 | 60 | Units | 176,250.00 | 10,575,000 | 10,575,000 | 9,693,146 | 4.50000% | 0.01760% | 4.48240% | 53,581.97 | 40,207.03 | 642,983.64 | 482,484.36 | Interest Only, Amortizing Balloon | No | Actual/360 | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | Various | Various | Self Storage | Self Storage | Various | Various | 182,058 | SF | 49.43 | 9,000,000 | 9,000,000 | 9,000,000 | 3.17700% | 0.01760% | 3.15940% | NAP | 24,158.44 | NAP | 289,901.28 | Interest Only | No | Actual/360 |
24.01 | Property | 1 | Securlock - Casa Grande | AZ | 85122 | Self Storage | Self Storage | 1997 | NAP | 74,250 | SF | 4,470,000 | 4,470,000 | 4,470,000 | ||||||||||||
24.02 | Property | 1 | Securlock - Cordova | TN | 38016 | Self Storage | Self Storage | 1997 | NAP | 53,208 | SF | 2,360,000 | 2,360,000 | 2,360,000 | ||||||||||||
24.03 | Property | 1 | Securlock - Antioch | TN | 37013 | Self Storage | Self Storage | 1998 | 2009 | 54,600 | SF | 2,170,000 | 2,170,000 | 2,170,000 | ||||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | LA | 70068 | Hospitality | Extended Stay | 2016 | NAP | 93 | Rooms | 95,526.78 | 9,000,000 | 8,883,991 | 7,411,750 | 4.55000% | 0.01760% | 4.53240% | 45,869.45 | 34,598.96 | 550,433.40 | 415,187.52 | Amortizing Balloon | No | Actual/360 |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | AZ | 85297 | Self Storage | Self Storage | 2018 | 2021 | 70,720 | SF | 116.52 | 8,240,000 | 8,240,000 | 8,240,000 | 3.86900% | 0.01760% | 3.85140% | NAP | 26,936.12 | NAP | 323,233.44 | Interest Only | No | Actual/360 |
27.00 | Loan | 1 | Interstate Self Storage | FL | 32608 | Self Storage | Self Storage | 1983 | NAP | 106,894 | SF | 76.71 | 8,200,000 | 8,200,000 | 7,525,643 | 4.58000% | 0.01760% | 4.56240% | 41,938.88 | 31,731.34 | 503,266.56 | 380,776.08 | Interest Only, Amortizing Balloon | No | Actual/360 | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | NY | Various | Multifamily | Mid Rise | Various | Various | 132 | Units | 174,242.42 | 8,000,000 | 8,000,000 | 8,000,000 | 3.90000% | 0.01760% | 3.88240% | NAP | 26,361.11 | NAP | 316,333.32 | Interest Only | No | Actual/360 |
28.01 | Property | 1 | 260-262 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 18 | Units | 1,243,478 | 1,243,478 | 1,243,478 | ||||||||||||
28.02 | Property | 1 | 240 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 15 | Units | 1,017,391 | 1,017,391 | 1,017,391 | ||||||||||||
28.03 | Property | 1 | 238 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 14 | Units | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||
28.04 | Property | 1 | 242 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 10 | Units | 947,826 | 947,826 | 947,826 | ||||||||||||
28.05 | Property | 1 | 236 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 14 | Units | 800,000 | 800,000 | 800,000 | ||||||||||||
28.06 | Property | 1 | 244 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 10 | Units | 773,913 | 773,913 | 773,913 | ||||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 9 | Units | 704,348 | 704,348 | 704,348 | ||||||||||||
28.08 | Property | 1 | 234 West 122nd Street | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 14 | Units | 591,304 | 591,304 | 591,304 |
A-1-3
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NY | 10027 | Multifamily | Mid Rise | 1910 | 1993 | 9 | Units | 504,348 | 504,348 | 504,348 | ||||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NY | 10030 | Multifamily | Mid Rise | 1910 | 1998 | 9 | Units | 208,696 | 208,696 | 208,696 | ||||||||||||
28.11 | Property | 1 | 262 West 115th Street | NY | 10026 | Multifamily | Mid Rise | 1900 | 1998 | 10 | Units | 208,696 | 208,696 | 208,696 | ||||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | TX | 77007 | Retail | Unanchored | 2011 | NAP | 19,471 | SF | 410.87 | 8,000,000 | 8,000,000 | 7,048,276 | 4.70000% | 0.01760% | 4.68240% | 41,491.02 | 31,768.52 | 497,892.24 | 381,222.24 | Interest Only, Amortizing Balloon | No | Actual/360 |
30.00 | Loan | 1 | TownePlace Suites The Villages | FL | 32159 | Hospitality | Extended Stay | 2007 | 2016 | 119 | Rooms | 63,025.21 | 7,500,000 | 7,500,000 | 6,854,205 | 4.30600% | 0.01760% | 4.28840% | 37,141.79 | NAP | 445,701.48 | NAP | Amortizing Balloon | No | Actual/360 | |
31.00 | Loan | 1 | Garver Little Rock | AR | 72118 | Office | Suburban | 2009 | NAP | 47,627 | SF | 152.43 | 7,260,000 | 7,260,000 | 7,260,000 | 3.02180% | 0.01760% | 3.00420% | NAP | 18,535.81 | NAP | 222,429.72 | Interest Only - ARD | Yes | Actual/360 | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | SC | 29928 | Hospitality | Extended Stay | 2018 | NAP | 99 | Rooms | 71,332.07 | 7,070,000 | 7,061,875 | 5,870,066 | 5.24000% | 0.01760% | 5.22240% | 38,997.02 | NAP | 467,964.24 | NAP | Amortizing Balloon | No | Actual/360 |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | NY | Various | Multifamily | Mid Rise | Various | NAP | 45 | Units | 149,644.44 | 6,734,000 | 6,734,000 | 6,734,000 | 3.82000% | 0.01760% | 3.80240% | NAP | 21,734.30 | NAP | 260,811.60 | Interest Only | No | Actual/360 | |
33.01 | Property | 1 | 375 East 209th Street | NY | 10467 | Multifamily | Mid Rise | 1917 | NAP | 21 | Units | 2,814,000 | 2,814,000 | 2,814,000 | ||||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | NY | 10458 | Multifamily | Mid Rise | 1912 | NAP | 16 | Units | 2,479,000 | 2,479,000 | 2,479,000 | ||||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | NY | 10467 | Multifamily | Mid Rise | 1911 | NAP | 8 | Units | 1,441,000 | 1,441,000 | 1,441,000 | ||||||||||||
34.00 | Loan | 1 | Arizona Pavilions | AZ | 85743 | Retail | Shadow Anchored | 2004 | NAP | 24,335 | SF | 269.97 | 6,600,000 | 6,569,802 | 5,437,240 | 4.98000% | 0.01760% | 4.96240% | 35,349.60 | NAP | 424,195.20 | NAP | Amortizing Balloon | No | Actual/360 | |
35.00 | Loan | 30 | 1 | Boonton Industrial | NJ | 07005 | Industrial | Warehouse | 1992 | NAP | 55,000 | SF | 118.18 | 6,500,000 | 6,500,000 | 5,339,255 | 4.90000% | 0.01760% | 4.88240% | 34,497.24 | NAP | 413,966.88 | NAP | Amortizing Balloon | No | Actual/360 |
36.00 | Loan | 1 | Leisure Living | TX | 76120 | Manufactured Housing | Manufactured Housing | 1985 | NAP | 124 | Pads | 49,530.03 | 6,150,000 | 6,141,723 | 4,963,409 | 4.38000% | 0.01760% | 4.36240% | 30,724.18 | NAP | 368,690.16 | NAP | Amortizing Balloon | No | Actual/360 | |
37.00 | Loan | 31 | 1 | Walmart Deland | FL | 32720 | Other | Leased Fee | 2018 | NAP | 41,871 | SF | 190.51 | 6,050,000 | 6,050,000 | 6,050,000 | 4.01000% | 0.01760% | 3.99240% | NAP | 20,497.88 | NAP | 245,974.56 | Interest Only | No | Actual/360 |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | NY | 10467 | Mixed Use | Multifamily/Retail | 2008 | NAP | 26,530 | SF | 226.16 | 6,000,000 | 6,000,000 | 5,489,445 | 4.38300% | 0.01760% | 4.36540% | 29,985.43 | 22,219.38 | 359,825.16 | 266,632.56 | Interest Only, Amortizing Balloon | No | Actual/360 |
39.00 | Loan | 1 | Lost River Self Storage | KY | 42101 | Self Storage | Self Storage | 2016 | NAP | 69,550 | SF | 86.27 | 6,000,000 | 6,000,000 | 5,201,464 | 4.99000% | 0.01760% | 4.97240% | 32,172.64 | 25,296.53 | 386,071.68 | 303,558.36 | Interest Only, Amortizing Balloon | No | Actual/360 | |
40.00 | Loan | 1 | Clara Point Apartments | GA | 30907 | Multifamily | Garden | 1971 | 2021 | 56 | Units | 106,250.00 | 5,950,000 | 5,950,000 | 4,989,382 | 4.69000% | 0.01760% | 4.67240% | 30,823.20 | 23,577.56 | 369,878.40 | 282,930.72 | Interest Only, Amortizing Balloon | No | Actual/360 | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | GA | 30040 | Hospitality | Limited Service | 2019 | NAP | 27 | Rooms | 206,656.29 | 5,600,000 | 5,579,720 | 3,842,823 | 7.06800% | 0.01760% | 7.05040% | 43,645.61 | NAP | 523,747.32 | NAP | Amortizing Balloon | No | Actual/360 |
42.00 | Loan | 1 | AC Self Storage - Missouri City | TX | 77459 | Self Storage | Self Storage | 2006 | NAP | 55,225 | SF | 95.97 | 5,300,000 | 5,300,000 | 5,300,000 | 3.31300% | 0.01760% | 3.29540% | NAP | 14,835.64 | NAP | 178,027.68 | Interest Only | No | Actual/360 | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | TX | 76017 | Self Storage | Self Storage | 2002 | NAP | 85,805 | SF | 61.77 | 5,300,000 | 5,300,000 | 5,300,000 | 3.30800% | 0.01760% | 3.29040% | NAP | 14,813.25 | NAP | 177,759.00 | Interest Only | No | Actual/360 | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | VA | 23608 | Retail | Single Tenant | 2009 | NAP | 14,607 | SF | 349.83 | 5,110,000 | 5,110,000 | 5,110,000 | 4.66000% | 0.01760% | 4.64240% | NAP | 20,119.44 | NAP | 241,433.28 | Interest Only | No | Actual/360 |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | AZ | 85140 | Retail | Single Tenant | 2009 | NAP | 14,820 | SF | 190.51 | 4,750,000 | 4,750,000 | 4,750,000 | 3.97000% | 0.01760% | 3.95240% | NAP | 15,932.84 | NAP | 191,194.08 | Interest Only | No | Actual/360 |
46.00 | Loan | 1 | Amidon Place Apartments | KS | 67204 | Multifamily | Garden | 1972 | NAP | 180 | Units | 26,041.67 | 4,687,500 | 4,687,500 | 4,051,539 | 3.88000% | 0.01760% | 3.86240% | 22,055.77 | 15,366.75 | 264,669.24 | 184,401.00 | Interest Only, Amortizing Balloon | No | Actual/360 | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | AZ | 85338 | Retail | Anchored | 2006 | NAP | 22,838 | SF | 201.42 | 4,600,000 | 4,600,000 | 4,162,901 | 3.72000% | 0.01760% | 3.70240% | 21,225.09 | 14,458.06 | 254,701.08 | 173,496.72 | Interest Only, Amortizing Balloon | No | Actual/360 |
48.00 | Loan | 39 | 1 | Federales Chicago | IL | 60607 | Retail | Single Tenant | 2016 | NAP | 8,990 | SF | 500.56 | 4,500,000 | 4,500,000 | 4,500,000 | 4.63400% | 0.01760% | 4.61640% | NAP | 17,618.85 | NAP | 211,426.20 | Interest Only | No | Actual/360 |
49.00 | Loan | 1 | Shops at Valle Vista | TX | 78552 | Retail | Shadow Anchored | 1985 | 2017 | 14,113 | SF | 259.34 | 3,660,000 | 3,660,000 | 3,341,316 | 4.24000% | 0.01760% | 4.22240% | 17,983.58 | 13,111.61 | 215,802.96 | 157,339.32 | Interest Only, Amortizing Balloon | No | Actual/360 | |
50.00 | Loan | 1 | Villas at the Woodlands | FL | 32216 | Multifamily | Garden | 1984 | NAP | 64 | Units | 54,687.50 | 3,500,000 | 3,500,000 | 2,830,050 | 4.43000% | 0.01760% | 4.41240% | 17,588.71 | NAP | 211,064.52 | NAP | Amortizing Balloon | No | Actual/360 | |
51.00 | Loan | 1 | Turtle Creek Apartments | IN | 47331 | Multifamily | Garden | 1973 | NAP | 129 | Units | 26,744.19 | 3,450,000 | 3,450,000 | 2,723,052 | 3.75000% | 0.01760% | 3.73240% | 15,977.49 | NAP | 191,729.88 | NAP | Amortizing Balloon | No | Actual/360 | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | NC | 27409 | Industrial | Warehouse / Distribution | 1996 | NAP | 35,500 | SF | 96.61 | 3,440,000 | 3,429,705 | 2,667,569 | 4.43000% | 0.01760% | 4.41240% | 18,049.37 | NAP | 216,592.44 | NAP | Amortizing Balloon | No | Actual/360 |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | MN | 55008 | Retail | Single Tenant | 2004 | NAP | 14,550 | SF | 230.24 | 3,350,000 | 3,350,000 | 3,350,000 | 4.15000% | 0.01760% | 4.13240% | NAP | 11,746.33 | NAP | 140,955.96 | Interest Only | No | Actual/360 |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | IN | 46012 | Multifamily | Garden | 1965 | 2018 | 94 | Units | 35,576.09 | 3,350,000 | 3,344,153 | 2,489,702 | 4.74000% | 0.01760% | 4.72240% | 19,079.67 | NAP | 228,956.04 | NAP | Amortizing Balloon | No | Actual/360 |
55.00 | Loan | 1 | Lord Duplin Apartments | NC | 28398 | Multifamily | Garden | 1972 | NAP | 82 | Units | 39,329.27 | 3,225,000 | 3,225,000 | 2,805,640 | 4.15000% | 0.01760% | 4.13240% | 15,676.83 | 11,308.03 | 188,121.96 | 135,696.36 | Interest Only, Amortizing Balloon | No | Actual/360 | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | NC | Various | Manufactured Housing | Manufactured Housing | Various | NAP | 116 | Pads | 26,939.66 | 3,125,000 | 3,125,000 | 2,753,846 | 4.71000% | 0.01760% | 4.69240% | 16,226.22 | 12,435.98 | 194,714.64 | 149,231.76 | Interest Only, Amortizing Balloon | No | Actual/360 | |
56.01 | Property | 1 | City Walk MHC | NC | 27344 | Manufactured Housing | Manufactured Housing | 1957 | NAP | 72 | Pads | 1,925,000 | 1,925,000 | 1,696,369 | ||||||||||||
56.02 | Property | 1 | Oak Hill MHC | NC | 27330 | Manufactured Housing | Manufactured Housing | 1965 | NAP | 44 | Pads | 1,200,000 | 1,200,000 | 1,057,477 | ||||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | PA | 19462 | Office | Suburban | 1965 | 2017 | 20,431 | SF | 122.20 | 2,500,000 | 2,496,660 | 2,020,422 | 4.42000% | 0.01760% | 4.40240% | 12,548.58 | NAP | 150,582.96 | NAP | Amortizing Balloon | No | Actual/360 |
58.00 | Loan | 1 | 7-Eleven Tampa | FL | 33612 | Retail | Single Tenant | 2021 | NAP | 3,098 | SF | 685.93 | 2,125,000 | 2,125,000 | 2,125,000 | 4.36000% | 0.01760% | 4.34240% | NAP | 7,828.07 | NAP | 93,936.84 | Interest Only | No | Actual/360 | |
59.00 | Loan | 1 | CVS Mars Hill | NC | 28754 | Retail | Single Tenant | 2005 | NAP | 9,854 | SF | 213.11 | 2,100,000 | 2,100,000 | 2,100,000 | 4.08000% | 0.01760% | 4.06240% | NAP | 7,239.17 | NAP | 86,870.04 | Interest Only | No | Actual/360 | |
60.00 | Loan | 1 | 5800 Brookhollow | LA | 70123 | Industrial | Warehouse Distribution | 1978 | NAP | 89,833 | SF | 22.26 | 2,000,000 | 2,000,000 | 2,000,000 | 2.85000% | 0.01760% | 2.83240% | NAP | 4,815.97 | NAP | 57,791.64 | Interest Only | No | Actual/360 | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | MI | 48601 | Retail | Single Tenant | 2020 | NAP | 9,100 | SF | 93.08 | 847,058 | 847,058 | 847,058 | 4.39000% | 0.01760% | 4.37240% | NAP | 3,141.86 | NAP | 37,702.32 | Interest Only - ARD | Yes | Actual/360 |
A-1-4
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | 120 | 120 | 120 | 120 | 0 | 0 | 6/28/2021 | 0 | 11 | 8/11/2021 | NAP | 7/11/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | NAV | NAV | NAV |
1.01 | Property | 1 | 2750 Morris Road | NAV | NAV | NAV | |||||||||||||||||
1.02 | Property | 1 | 1180 Church Road | NAV | NAV | NAV | |||||||||||||||||
2.00 | Loan | 1 | The Grace Building | 120 | 113 | 120 | 113 | 0 | 0 | 11/17/2020 | 7 | 6 | 1/6/2021 | NAP | 12/6/2030 | NAP | 0 | 0 | L(31),DorYM1(82),O(7) | 97,004,029 | 50,731,490 | 46,272,539 | |
3.00 | Loan | 1 | Malibu Colony Plaza | 120 | 118 | 120 | 118 | 0 | 0 | 5/6/2021 | 2 | 6 | 6/6/2021 | NAP | 5/6/2031 | NAP | 0 | 0 | L(24),YM1(92),O(4) | 5,946,130 | 3,105,070 | 2,841,060 | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | 60 | 60 | 120 | 120 | 360 | 360 | 6/30/2021 | 0 | 6 | 8/6/2021 | 8/6/2026 | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 5,619,904 | 2,368,295 | 3,251,609 | |
4.01 | Property | 1 | University Heights | 1,192,947 | 605,837 | 587,110 | |||||||||||||||||
4.02 | Property | 1 | Ashbury Court | 1,264,812 | 548,364 | 716,447 | |||||||||||||||||
4.03 | Property | 1 | James Court | 909,934 | 315,212 | 594,722 | |||||||||||||||||
4.04 | Property | 1 | Old Orchard | 514,677 | 210,323 | 304,354 | |||||||||||||||||
4.05 | Property | 1 | Ashbury East | 564,635 | 245,052 | 319,583 | |||||||||||||||||
4.06 | Property | 1 | Colonial West | 415,025 | 165,751 | 249,274 | |||||||||||||||||
4.07 | Property | 1 | Colonial East | 411,534 | 159,540 | 251,994 | |||||||||||||||||
4.08 | Property | 1 | Cardinal Apartments | 346,340 | 118,215 | 228,124 | |||||||||||||||||
5.00 | Loan | 1 | Gramercy Plaza | 120 | 119 | 120 | 119 | 0 | 0 | 6/11/2021 | 1 | 11 | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 3,503,824 | 1,539,065 | 1,964,759 | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | 12 | 5 | 120 | 113 | 360 | 360 | 11/24/2020 | 7 | 1 | 1/1/2021 | 1/1/2022 | 12/6/2030 | NAP | 5 | 5 | L(31),D(85),O(4) | 4,114,312 | 1,085,923 | 3,028,389 |
7.00 | Loan | 14 | Rollins Portfolio | 120 | 119 | 120 | 119 | 0 | 0 | 5/13/2021 | 1 | 6 | 7/6/2021 | NAP | 6/6/2031 | NAP | 0 | 0 | L(24),YM1(1),DorYM1(90),O(5) | NAV | NAV | NAV | |
7.01 | Property | 1 | Lodi | NAV | NAV | NAV | |||||||||||||||||
7.02 | Property | 1 | Sacramento | NAV | NAV | NAV | |||||||||||||||||
7.03 | Property | 1 | Geotech Supply | NAV | NAV | NAV | |||||||||||||||||
7.04 | Property | 1 | Vacaville | NAV | NAV | NAV | |||||||||||||||||
7.05 | Property | 1 | Rancho Cordova | NAV | NAV | NAV | |||||||||||||||||
7.06 | Property | 1 | Modesto | NAV | NAV | NAV | |||||||||||||||||
7.07 | Property | 1 | Auburn | NAV | NAV | NAV | |||||||||||||||||
7.08 | Property | 1 | Livermore | NAV | NAV | NAV | |||||||||||||||||
7.09 | Property | 1 | Salinas | NAV | NAV | NAV | |||||||||||||||||
7.10 | Property | 1 | Yuba City | NAV | NAV | NAV | |||||||||||||||||
7.11 | Property | 1 | Santa Rosa | NAV | NAV | NAV | |||||||||||||||||
7.12 | Property | 1 | Redding | NAV | NAV | NAV | |||||||||||||||||
7.13 | Property | 1 | Chico | NAV | NAV | NAV | |||||||||||||||||
7.14 | Property | 1 | Sonora | NAV | NAV | NAV | |||||||||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 0 | 0 | 120 | 120 | 360 | 360 | 6/3/2021 | 0 | 1 | 8/1/2021 | 8/1/2021 | 7/1/2031 | NAP | 5 | 4 | L(24),D(92),O(4) | 3,007,047 | 1,154,255 | 1,852,793 |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | 120 | 120 | 120 | 120 | 0 | 0 | 6/30/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | NAV | NAV | NAV |
10.00 | Loan | 1 | The Wyatt at Northern Lights | 120 | 120 | 120 | 120 | 0 | 0 | 6/25/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | 0 | L(24),D(91),O(5) | 3,238,763 | 1,311,112 | 1,927,651 | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | 120 | 120 | 120 | 120 | 0 | 0 | 7/1/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 3 | 0 | L(24),D(92),O(4) | NAV | NAV | NAV |
12.00 | Loan | 16, 17 | 1 | The Westchester | 120 | 103 | 120 | 103 | 0 | 0 | 1/21/2020 | 17 | 1 | 3/1/2020 | NAP | 2/1/2030 | NAP | 0 | 0 | L(35),YM1(1),DorYM1(5),D(72),O(7) | 48,328,349 | 19,224,204 | 29,104,145 |
13.00 | Loan | 1 | Metro Crossing | 0 | 0 | 60 | 60 | 360 | 360 | 6/17/2021 | 0 | 11 | 8/11/2021 | 8/11/2021 | 7/11/2026 | NAP | 0 | 0 | L(24),D(26),O(10) | 6,337,597 | 2,343,454 | 3,994,143 | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | 60 | 59 | 60 | 59 | 0 | 0 | 6/4/2021 | 1 | 11 | 7/11/2021 | NAP | 6/11/2026 | NAP | 0 | 0 | L(25),D(28),O(7) | NAV | NAV | NAV |
14.01 | Property | 1 | Kroger - Columbus, OH | NAV | NAV | NAV | |||||||||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | NAV | NAV | NAV | |||||||||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | NAV | NAV | NAV | |||||||||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | NAV | NAV | NAV | |||||||||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | NAV | NAV | NAV | |||||||||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | NAV | NAV | NAV | |||||||||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | NAV | NAV | NAV | |||||||||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | NAV | NAV | NAV | |||||||||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | NAV | NAV | NAV | |||||||||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NAV | NAV | NAV | |||||||||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | NAV | NAV | NAV | |||||||||||||||||
15.00 | Loan | 1 | Seacrest Homes | 120 | 117 | 120 | 117 | 0 | 0 | 4/5/2021 | 3 | 6 | 5/6/2021 | NAP | 4/6/2031 | NAP | 0 | 0 | L(27),D(89),O(4) | 5,797,621 | 993,007 | 4,804,614 | |
16.00 | Loan | 1 | Ranch Self Storage | 60 | 60 | 120 | 120 | 360 | 360 | 6/18/2021 | 0 | 6 | 8/6/2021 | 8/6/2026 | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 1,716,510 | 614,527 | 1,101,983 | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 120 | 120 | 120 | 120 | 0 | 0 | 6/25/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 2,825,606 | 917,422 | 1,908,184 |
18.00 | Loan | 21 | 1 | Herndon Square | 0 | 0 | 120 | 117 | 360 | 357 | 3/24/2021 | 3 | 6 | 5/6/2021 | 5/6/2021 | 4/6/2031 | NAP | 0 | 0 | L(27),D(89),O(4) | 5,221,679 | 1,804,531 | 3,417,148 |
19.00 | Loan | 1 | The Plaza at Williams Centre | 0 | 0 | 120 | 120 | 360 | 360 | 6/29/2021 | 0 | 11 | 8/11/2021 | 8/11/2021 | 7/11/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 2,467,835 | 758,410 | 1,709,424 | |
20.00 | Loan | 1 | Lafayette Arms Apartments | 12 | 12 | 120 | 120 | 360 | 360 | 6/30/2021 | 0 | 6 | 8/6/2021 | 8/6/2022 | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 1,672,226 | 542,821 | 1,129,405 | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | 0 | 0 | 120 | 120 | 360 | 360 | 6/25/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 | 0 | L(24),D(89),O(7) | 1,094,996 | 0 | 1,094,996 | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | 120 | 120 | 120 | 120 | 0 | 0 | 7/2/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 1,401,841 | 536,561 | 865,279 | |
23.00 | Loan | 1 | 884 Riverside Drive | 60 | 59 | 120 | 119 | 360 | 360 | 5/26/2021 | 1 | 6 | 7/6/2021 | 7/6/2026 | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,267,788 | 463,058 | 804,730 | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | 120 | 118 | 120 | 118 | 0 | 0 | 5/10/2021 | 2 | 11 | 6/11/2021 | NAP | 5/11/2031 | NAP | 0 | 0 | L(26),D(89),O(5) | 1,700,415 | 828,191 | 872,224 |
24.01 | Property | 1 | Securlock - Casa Grande | 693,374 | 261,374 | 431,999 | |||||||||||||||||
24.02 | Property | 1 | Securlock - Cordova | 512,927 | 273,758 | 239,169 | |||||||||||||||||
24.03 | Property | 1 | Securlock - Antioch | 494,114 | 293,059 | 201,055 | |||||||||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | 6 | 0 | 120 | 104 | 360 | 350 | 2/20/2020 | 16 | 6 | 4/6/2020 | 10/6/2020 | 3/6/2030 | NAP | 0 | 0 | L(35),YM1(5),D(76),O(4) | 1,824,929 | 840,831 | 984,098 |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | 120 | 119 | 120 | 119 | 0 | 0 | 6/7/2021 | 1 | 11 | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(25),DorYM1(91),O(4) | 1,008,880 | 212,284 | 796,595 |
27.00 | Loan | 1 | Interstate Self Storage | 60 | 59 | 120 | 119 | 360 | 360 | 5/25/2021 | 1 | 6 | 7/6/2021 | 7/6/2026 | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,096,440 | 454,595 | 641,845 | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | 120 | 105 | 120 | 105 | 0 | 0 | 3/11/2020 | 15 | 6 | 5/6/2020 | NAP | 4/6/2030 | NAP | 0 | 0 | L(35),D(81),O(4) | 2,566,977 | 939,565 | 1,627,412 |
28.01 | Property | 1 | 260-262 West 122nd Street | NAV | NAV | NAV | |||||||||||||||||
28.02 | Property | 1 | 240 West 122nd Street | NAV | NAV | NAV | |||||||||||||||||
28.03 | Property | 1 | 238 West 122nd Street | NAV | NAV | NAV | |||||||||||||||||
28.04 | Property | 1 | 242 West 122nd Street | NAV | NAV | NAV | |||||||||||||||||
28.05 | Property | 1 | 236 West 122nd Street | NAV | NAV | NAV | |||||||||||||||||
28.06 | Property | 1 | 244 West 122nd Street | NAV | NAV | NAV | |||||||||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAV | NAV | NAV | |||||||||||||||||
28.08 | Property | 1 | 234 West 122nd Street | NAV | NAV | NAV |
A-1-5
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAV | NAV | NAV | |||||||||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAV | NAV | NAV | |||||||||||||||||
28.11 | Property | 1 | 262 West 115th Street | NAV | NAV | NAV | |||||||||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | 36 | 36 | 120 | 120 | 360 | 360 | 6/17/2021 | 0 | 6 | 8/6/2021 | 8/6/2024 | 7/6/2031 | NAP | 10 | 0 | L(24),YM1(89),O(7) | 1,064,548 | 308,957 | 755,591 |
30.00 | Loan | 1 | TownePlace Suites The Villages | 0 | 0 | 60 | 60 | 360 | 360 | 6/29/2021 | 0 | 11 | 8/11/2021 | 8/11/2021 | 7/11/2026 | NAP | 0 | 0 | L(24),D(23),O(13) | 2,770,083 | 1,763,552 | 1,006,531 | |
31.00 | Loan | 1 | Garver Little Rock | 120 | 120 | 120 | 120 | 0 | 0 | 6/15/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | 6/6/2032 | 0 | 0 | L(24),D(92),O(4) | NAV | NAV | NAV | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | 0 | 0 | 120 | 119 | 360 | 359 | 5/7/2021 | 1 | 6 | 7/6/2021 | 7/6/2021 | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 2,778,114 | 1,884,852 | 893,262 |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | 120 | 120 | 120 | 120 | 0 | 0 | 6/18/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 846,054 | 305,672 | 540,381 | |
33.01 | Property | 1 | 375 East 209th Street | 361,225 | 142,686 | 218,538 | |||||||||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | 320,636 | 107,828 | 212,807 | |||||||||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | 164,193 | 55,158 | 109,035 | |||||||||||||||||
34.00 | Loan | 1 | Arizona Pavilions | 0 | 0 | 120 | 116 | 360 | 356 | 3/5/2021 | 4 | 6 | 4/6/2021 | 4/6/2021 | 3/6/2031 | NAP | 0 | 0 | L(28),D(88),O(4) | 974,291 | 208,211 | 766,081 | |
35.00 | Loan | 30 | 1 | Boonton Industrial | 0 | 0 | 120 | 120 | 360 | 360 | 6/24/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | NAV | NAV | NAV |
36.00 | Loan | 1 | Leisure Living | 0 | 0 | 120 | 119 | 360 | 359 | 5/19/2021 | 1 | 6 | 7/6/2021 | 7/6/2021 | 6/6/2031 | NAP | 0 | 0 | L(25),D(90),O(5) | 862,722 | 355,899 | 506,823 | |
37.00 | Loan | 31 | 1 | Walmart Deland | 120 | 119 | 120 | 119 | 0 | 0 | 5/18/2021 | 1 | 6 | 7/6/2021 | NAP | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | NAV | NAV | NAV |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 60 | 59 | 120 | 119 | 360 | 360 | 5/14/2021 | 1 | 6 | 7/6/2021 | 7/6/2026 | 6/6/2031 | NAP | 5 | 0 | L(25),D(91),O(4) | 647,926 | 157,143 | 490,783 |
39.00 | Loan | 1 | Lost River Self Storage | 24 | 22 | 120 | 118 | 360 | 360 | 4/22/2021 | 2 | 6 | 6/6/2021 | 6/6/2023 | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 676,624 | 177,684 | 498,940 | |
40.00 | Loan | 1 | Clara Point Apartments | 12 | 10 | 120 | 118 | 360 | 360 | 4/28/2021 | 2 | 6 | 6/6/2021 | 6/6/2022 | 5/6/2031 | NAP | 0 | 0 | L(23),YM1(93),O(4) | 687,505 | 132,429 | 555,076 | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | 0 | 0 | 120 | 118 | 240 | 238 | 4/22/2021 | 2 | 6 | 6/6/2021 | 6/6/2021 | 5/6/2031 | NAP | 0 | 0 | L(26),D(91),O(3) | 3,208,408 | 1,850,039 | 1,358,368 |
42.00 | Loan | 1 | AC Self Storage - Missouri City | 120 | 119 | 120 | 119 | 0 | 0 | 6/1/2021 | 1 | 11 | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 803,866 | 317,524 | 486,343 | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | 120 | 119 | 120 | 119 | 0 | 0 | 5/27/2021 | 1 | 11 | 7/11/2021 | NAP | 6/11/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 855,265 | 351,228 | 504,037 | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | 120 | 117 | 120 | 117 | 0 | 0 | 3/31/2021 | 3 | 6 | 5/6/2021 | NAP | 4/6/2031 | NAP | 0 | 0 | L(27),D(89),O(4) | NAV | NAV | NAV |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | 120 | 119 | 120 | 119 | 0 | 0 | 5/24/2021 | 1 | 6 | 7/6/2021 | NAP | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | NAV | NAV | NAV |
46.00 | Loan | 1 | Amidon Place Apartments | 36 | 34 | 120 | 118 | 360 | 360 | 4/19/2021 | 2 | 6 | 6/6/2021 | 6/6/2024 | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 865,995 | 342,923 | 523,072 | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 60 | 58 | 120 | 118 | 360 | 360 | 4/29/2021 | 2 | 6 | 6/6/2021 | 6/6/2026 | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 965,125 | 388,304 | 576,820 |
48.00 | Loan | 39 | 1 | Federales Chicago | 120 | 102 | 120 | 102 | 0 | 0 | 12/12/2019 | 18 | 6 | 2/6/2020 | NAP | 1/6/2030 | NAP | 0 | 0 | L(35),D(81),O(4) | 378,505 | 0 | 378,505 |
49.00 | Loan | 1 | Shops at Valle Vista | 60 | 58 | 120 | 118 | 360 | 360 | 5/3/2021 | 2 | 6 | 6/6/2021 | 6/6/2026 | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 510,451 | 106,633 | 403,818 | |
50.00 | Loan | 1 | Villas at the Woodlands | 0 | 0 | 120 | 120 | 360 | 360 | 6/25/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 | 0 | L(23),YM1(93),O(4) | 555,190 | 196,444 | 358,746 | |
51.00 | Loan | 1 | Turtle Creek Apartments | 0 | 0 | 120 | 120 | 360 | 360 | 6/30/2021 | 0 | 6 | 8/6/2021 | 8/6/2021 | 7/6/2031 | NAP | 0 | 0 | L(12),YM1(104),O(4) | 670,756 | 279,232 | 391,524 | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | 0 | 0 | 120 | 118 | 330 | 328 | 5/3/2021 | 2 | 6 | 6/6/2021 | 6/6/2021 | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 413,798 | 24,540 | 389,258 |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | 120 | 118 | 120 | 118 | 0 | 0 | 5/4/2021 | 2 | 6 | 6/6/2021 | NAP | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 285,000 | 0 | 285,000 |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | 0 | 0 | 120 | 119 | 300 | 299 | 5/7/2021 | 1 | 6 | 7/6/2021 | 7/6/2021 | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 637,731 | 237,096 | 400,635 |
55.00 | Loan | 1 | Lord Duplin Apartments | 36 | 34 | 120 | 118 | 360 | 360 | 4/14/2021 | 2 | 6 | 6/6/2021 | 6/6/2024 | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 481,031 | 148,589 | 332,442 | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | 36 | 36 | 120 | 120 | 360 | 360 | 6/15/2021 | 0 | 6 | 8/6/2021 | 8/6/2024 | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 339,546 | 82,595 | 256,951 | |
56.01 | Property | 1 | City Walk MHC | 213,308 | 46,591 | 166,717 | |||||||||||||||||
56.02 | Property | 1 | Oak Hill MHC | 126,238 | 36,004 | 90,234 | |||||||||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | 0 | 0 | 120 | 119 | 360 | 359 | 6/7/2021 | 1 | 6 | 7/6/2021 | 7/6/2021 | 6/6/2031 | NAP | 0 | 0 | L(25),D(91),O(4) | 427,866 | 182,666 | 245,200 |
58.00 | Loan | 1 | 7-Eleven Tampa | 120 | 118 | 120 | 118 | 0 | 0 | 5/6/2021 | 2 | 6 | 6/6/2021 | NAP | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | NAV | NAV | NAV | |
59.00 | Loan | 1 | CVS Mars Hill | 120 | 118 | 120 | 118 | 0 | 0 | 5/11/2021 | 2 | 6 | 6/6/2021 | NAP | 5/6/2031 | NAP | 0 | 0 | L(26),D(90),O(4) | 241,858 | 0 | 241,858 | |
60.00 | Loan | 1 | 5800 Brookhollow | 120 | 120 | 120 | 120 | 0 | 0 | 6/25/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | NAP | 0 | 0 | L(24),D(92),O(4) | 546,577 | 226,624 | 319,953 | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | 120 | 120 | 120 | 120 | 0 | 0 | 6/29/2021 | 0 | 6 | 8/6/2021 | NAP | 7/6/2031 | 6/6/2035 | 0 | 0 | YM(24),DorYM(89),O(7) | NAV | NAV | NAV |
A-1-6
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 88.8% | 9,346,779 | 2,274,576 | 7,072,203 | 113,078 | 282,696 | 6,676,429 |
1.01 | Property | 1 | 2750 Morris Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 87.7% | 5,693,826 | 1,439,507 | 4,254,320 | 68,113 | 170,282 | 4,015,925 | |
1.02 | Property | 1 | 1180 Church Road | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 90.0% | 3,652,953 | 835,070 | 2,817,883 | 44,966 | 112,414 | 2,660,504 | |
2.00 | Loan | 1 | The Grace Building | 9/30/2020 | T-12 | 102,917,243 | 50,379,050 | 52,538,193 | 12/31/2019 | T-12 | 122,739,552 | 49,532,888 | 73,206,664 | 12/31/2018 | T-12 | 95.4% | 157,612,989 | 53,319,272 | 104,293,717 | 389,243 | 1,556,972 | 102,347,502 | |
3.00 | Loan | 1 | Malibu Colony Plaza | 3/31/2021 | T-12 | 6,444,231 | 3,180,817 | 3,263,415 | 12/31/2020 | T-12 | 7,815,797 | 3,518,681 | 4,297,116 | 12/31/2019 | T-12 | 81.3% | 7,154,679 | 3,246,859 | 3,907,820 | 17,156 | 57,185 | 3,833,479 | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | 6/30/2021 | T-12 | 5,516,470 | 2,348,005 | 3,168,466 | 12/31/2020 | T-12 | 5,844,107 | 2,239,689 | 3,604,418 | 12/31/2019 | T-12 | 92.0% | 5,767,919 | 2,361,327 | 3,406,592 | 205,746 | 0 | 3,200,846 | |
4.01 | Property | 1 | University Heights | 6/30/2021 | T-12 | 1,198,734 | 608,496 | 590,238 | 12/31/2020 | T-12 | 1,411,182 | 567,145 | 844,037 | 12/31/2019 | T-12 | 87.5% | 1,320,344 | 589,088 | 731,257 | 50,445 | 0 | 680,812 | |
4.02 | Property | 1 | Ashbury Court | 6/30/2021 | T-12 | 1,231,698 | 545,318 | 686,381 | 12/31/2020 | T-12 | 1,300,828 | 518,930 | 781,898 | 12/31/2019 | T-12 | 91.8% | 1,258,111 | 544,942 | 713,169 | 44,640 | 0 | 668,529 | |
4.03 | Property | 1 | James Court | 6/30/2021 | T-12 | 900,734 | 304,059 | 596,675 | 12/31/2020 | T-12 | 903,973 | 292,125 | 611,849 | 12/31/2019 | T-12 | 92.6% | 905,510 | 304,149 | 601,361 | 33,888 | 0 | 567,473 | |
4.04 | Property | 1 | Old Orchard | 6/30/2021 | T-12 | 510,033 | 207,028 | 303,004 | 12/31/2020 | T-12 | 467,591 | 198,548 | 269,043 | 12/31/2019 | T-12 | 94.5% | 513,185 | 209,471 | 303,714 | 13,824 | 0 | 289,890 | |
4.05 | Property | 1 | Ashbury East | 6/30/2021 | T-12 | 543,878 | 254,038 | 289,841 | 12/31/2020 | T-12 | 561,056 | 248,715 | 312,342 | 12/31/2019 | T-12 | 94.8% | 577,427 | 269,262 | 308,165 | 17,220 | 0 | 290,945 | |
4.06 | Property | 1 | Colonial West | 6/30/2021 | T-12 | 400,170 | 159,433 | 240,737 | 12/31/2020 | T-12 | 422,217 | 146,968 | 275,249 | 12/31/2019 | T-12 | 97.4% | 437,911 | 168,023 | 269,888 | 16,360 | 0 | 253,528 | |
4.07 | Property | 1 | Colonial East | 6/30/2021 | T-12 | 402,100 | 150,250 | 251,850 | 12/31/2020 | T-12 | 393,157 | 142,879 | 250,277 | 12/31/2019 | T-12 | 92.0% | 398,679 | 156,949 | 241,731 | 16,454 | 0 | 225,277 | |
4.08 | Property | 1 | Cardinal Apartments | 6/30/2021 | T-12 | 329,123 | 119,383 | 209,740 | 12/31/2020 | T-12 | 384,103 | 124,379 | 259,724 | 12/31/2019 | T-12 | 95.0% | 356,751 | 119,444 | 237,307 | 12,915 | 0 | 224,392 | |
5.00 | Loan | 1 | Gramercy Plaza | 3/31/2021 | T-12 | 2,924,423 | 1,521,947 | 1,402,476 | 12/31/2020 | T-12 | 1,456,094 | 1,413,314 | 42,780 | 12/31/2019 | T-12 | 90.0% | 4,906,130 | 1,781,775 | 3,124,355 | 56,523 | 0 | 3,067,832 | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | 2/28/2021 | T-12 | 4,009,945 | 1,067,885 | 2,942,060 | 12/31/2020 | T-12 | 4,289,687 | 1,172,772 | 3,116,915 | 12/31/2019 | T-12 | 89.1% | 4,064,272 | 1,082,055 | 2,982,217 | 33,985 | 228,748 | 2,719,483 |
7.00 | Loan | 14 | Rollins Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 3,879,864 | 116,396 | 3,763,468 | 0 | 0 | 3,763,468 | |
7.01 | Property | 1 | Lodi | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.02 | Property | 1 | Sacramento | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.03 | Property | 1 | Geotech Supply | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.04 | Property | 1 | Vacaville | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.05 | Property | 1 | Rancho Cordova | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.06 | Property | 1 | Modesto | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.07 | Property | 1 | Auburn | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.08 | Property | 1 | Livermore | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.09 | Property | 1 | Salinas | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.10 | Property | 1 | Yuba City | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.11 | Property | 1 | Santa Rosa | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.12 | Property | 1 | Redding | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.13 | Property | 1 | Chico | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
7.14 | Property | 1 | Sonora | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 3/31/2021 | T-12 | 3,044,529 | 1,206,052 | 1,838,477 | 12/31/2020 | T-12 | 3,126,969 | 1,295,564 | 1,831,406 | 12/31/2019 | T-12 | 95.7% | 3,280,989 | 1,142,866 | 2,138,122 | 38,808 | 25,317 | 2,073,997 |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 97.0% | 2,082,495 | 519,714 | 1,562,781 | 21,954 | 0 | 1,540,827 |
10.00 | Loan | 1 | The Wyatt at Northern Lights | 5/31/2021 | T-12 | 3,122,466 | 1,316,890 | 1,805,576 | 12/31/2020 | T-12 | 3,192,417 | 1,370,902 | 1,821,515 | 12/31/2019 | T-12 | 95.0% | 3,390,664 | 1,380,060 | 2,010,604 | 69,000 | 0 | 1,941,604 | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 83.4% | 1,395,000 | 116,181 | 1,278,819 | 3,899 | 12,937 | 1,261,983 |
12.00 | Loan | 16, 17 | 1 | The Westchester | 12/31/2020 | T-12 | 63,982,892 | 22,487,940 | 41,494,952 | 12/31/2019 | T-12 | 63,904,028 | 22,030,551 | 41,873,477 | 12/31/2018 | T-12 | 95.1% | 64,364,071 | 22,017,611 | 42,346,460 | 203,495 | 1,300,701 | 40,842,264 |
13.00 | Loan | 1 | Metro Crossing | 4/30/2021 | T-12 | 6,127,341 | 2,329,149 | 3,798,192 | 12/31/2020 | T-12 | 6,712,740 | 2,403,758 | 4,308,982 | 12/31/2019 | T-12 | 90.0% | 6,457,303 | 2,338,018 | 4,119,285 | 62,026 | 324,113 | 3,733,146 | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 2,742,743 | 582,384 | 2,160,358 | 18,323 | 8,488 | 2,133,548 |
14.01 | Property | 1 | Kroger - Columbus, OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 511,267 | 15,338 | 495,929 | 9,208 | 27,361 | 459,360 | |
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 885,080 | 409,927 | 475,152 | 0 | 33,073 | 442,079 | |
14.03 | Property | 1 | Walgreens - Cordova, TN | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 261,250 | 7,838 | 253,413 | 2,268 | -89,878 | 341,022 | |
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 157,778 | 7,502 | 150,276 | 1,385 | 9,360 | 139,532 | |
14.05 | Property | 1 | BB&T - Lancaster, PA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 180,671 | 20,629 | 160,042 | 0 | 7,145 | 152,897 | |
14.06 | Property | 1 | Dollar General - Delhi, CA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 174,019 | 33,264 | 140,755 | 0 | 5,822 | 134,933 | |
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 155,819 | 4,675 | 151,144 | 900 | 5,581 | 144,663 | |
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 91,952 | 2,759 | 89,194 | 0 | 0 | 89,194 | |
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 111,992 | 20,946 | 91,046 | 1,770 | 5,185 | 84,091 | |
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 122,352 | 36,463 | 85,890 | 1,440 | 0 | 84,450 | |
14.11 | Property | 1 | Dollar General - Lubbock, TX | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 90,562 | 23,045 | 67,517 | 1,352 | 4,838 | 61,326 | |
15.00 | Loan | 1 | Seacrest Homes | 2/28/2021 | T-12 | 5,789,936 | 988,965 | 4,800,971 | 12/31/2020 | T-12 | 3,691,184 | 713,947 | 2,977,237 | 12/31/2019 | T-12 | 95.0% | 5,800,791 | 1,543,217 | 4,257,575 | 44,000 | 0 | 4,213,575 | |
16.00 | Loan | 1 | Ranch Self Storage | 5/31/2021 | T-12 | 1,377,144 | 611,454 | 765,690 | 12/31/2020 | T-12 | 852,678 | 498,878 | 353,800 | 12/31/2019 | T-12 | 84.9% | 1,993,824 | 638,387 | 1,355,437 | 12,969 | 0 | 1,342,468 | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 5/31/2021 | T-12 | 2,832,404 | 847,107 | 1,985,297 | 12/31/2020 | T-12 | 2,558,648 | 836,970 | 1,721,678 | 12/31/2019 | T-12 | 89.3% | 2,808,295 | 904,161 | 1,904,134 | 61,844 | 118,368 | 1,723,921 |
18.00 | Loan | 21 | 1 | Herndon Square | 2/28/2021 | T-12 | 5,475,375 | 1,887,096 | 3,588,279 | 12/31/2019 | T-12 | 5,029,585 | 2,035,658 | 2,993,927 | 12/31/2018 | T-12 | 84.7% | 5,326,888 | 1,947,915 | 3,378,974 | 52,701 | 295,261 | 3,031,012 |
19.00 | Loan | 1 | The Plaza at Williams Centre | 4/30/2021 | T-12 | 2,484,042 | 761,393 | 1,722,649 | 12/31/2020 | T-12 | 2,601,381 | 770,398 | 1,830,983 | 12/31/2019 | T-12 | 82.0% | 2,228,873 | 738,750 | 1,490,123 | 17,000 | 34,772 | 1,438,350 | |
20.00 | Loan | 1 | Lafayette Arms Apartments | 5/31/2021 | T-12 | 1,619,420 | 566,470 | 1,052,950 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 92.2% | 1,705,024 | 666,161 | 1,038,863 | 35,250 | 0 | 1,003,613 | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | 5/31/2021 | T-12 | 1,024,163 | 0 | 1,024,163 | 12/31/2020 | T-12 | 1,044,996 | 0 | 1,044,996 | 12/31/2019 | T-12 | 100.0% | 1,206,979 | 30,140 | 1,176,840 | 0 | 0 | 1,176,840 | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | 4/30/2021 | T-12 | 1,396,050 | 528,776 | 867,274 | 12/31/2020 | T-12 | 1,413,981 | 572,032 | 841,949 | 12/31/2019 | T-12 | 95.0% | 1,406,687 | 533,343 | 873,344 | 18,000 | 0 | 855,344 | |
23.00 | Loan | 1 | 884 Riverside Drive | 2/28/2021 | T-12 | 1,261,173 | 457,250 | 803,923 | 12/31/2020 | T-12 | 1,224,855 | 400,682 | 824,173 | 12/31/2019 | T-12 | 96.2% | 1,299,575 | 473,348 | 826,227 | 12,000 | 0 | 814,227 | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | 3/31/2021 | T-12 | 1,663,548 | 838,910 | 824,638 | 12/31/2020 | T-12 | 1,654,291 | 824,830 | 829,461 | 12/31/2019 | T-12 | 94.3% | 1,724,649 | 828,573 | 896,076 | 22,711 | 0 | 873,365 |
24.01 | Property | 1 | Securlock - Casa Grande | 3/31/2021 | T-12 | 667,779 | 270,566 | 397,213 | 12/31/2020 | T-12 | 636,808 | 265,650 | 371,158 | 12/31/2019 | T-12 | 95.0% | 710,563 | 265,676 | 444,887 | 10,940 | 0 | 433,948 | |
24.02 | Property | 1 | Securlock - Cordova | 3/31/2021 | T-12 | 510,165 | 282,641 | 227,524 | 12/31/2020 | T-12 | 505,190 | 266,923 | 238,268 | 12/31/2019 | T-12 | 95.0% | 505,779 | 271,696 | 234,083 | 5,321 | 0 | 228,761 | |
24.03 | Property | 1 | Securlock - Antioch | 3/31/2021 | T-12 | 485,604 | 285,702 | 199,901 | 12/31/2020 | T-12 | 512,293 | 292,258 | 220,035 | 12/31/2019 | T-12 | 92.8% | 508,307 | 291,201 | 217,106 | 6,450 | 0 | 210,656 | |
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | 4/30/2021 | T-12 | 2,563,329 | 1,254,958 | 1,308,371 | 12/31/2019 | T-12 | 2,065,124 | 1,017,733 | 1,047,391 | 12/31/2018 | T-12 | 62.4% | 2,563,329 | 1,337,511 | 1,225,818 | 102,533 | 0 | 1,123,284 |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | 5/31/2021 | T-12 | 903,266 | 391,233 | 512,033 | 12/31/2020 | T-12 | 624,629 | 374,573 | 250,056 | 12/31/2019 | T-12 | 89.6% | 1,143,880 | 418,294 | 725,586 | 7,072 | 0 | 718,514 |
27.00 | Loan | 1 | Interstate Self Storage | 4/30/2021 | T-12 | 1,074,766 | 455,156 | 619,611 | 12/31/2020 | T-12 | 1,087,027 | 441,148 | 645,879 | 12/31/2019 | T-12 | 82.1% | 1,149,628 | 455,925 | 693,704 | 10,989 | 0 | 682,714 | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | 2/28/2021 | T-12 | 2,629,557 | 942,050 | 1,687,507 | 12/31/2020 | T-12 | 2,757,701 | 946,827 | 1,810,874 | 12/31/2019 | T-12 | 82.8% | 2,712,596 | 1,114,359 | 1,598,237 | 34,110 | 2,400 | 1,561,727 |
28.01 | Property | 1 | 260-262 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.02 | Property | 1 | 240 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.03 | Property | 1 | 238 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.04 | Property | 1 | 242 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.05 | Property | 1 | 236 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.06 | Property | 1 | 244 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.08 | Property | 1 | 234 West 122nd Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
A-1-7
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
28.11 | Property | 1 | 262 West 115th Street | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
29.00 | Loan | 28 | 1 | Heights Marketplace | 5/31/2021 | T-12 | 992,956 | 308,293 | 684,664 | 12/31/2020 | T-12 | 1,084,491 | 316,465 | 768,026 | 12/31/2019 | T-12 | 95.0% | 1,013,803 | 306,023 | 707,780 | 2,921 | 19,472 | 685,389 |
30.00 | Loan | 1 | TownePlace Suites The Villages | 5/31/2021 | T-12 | 2,686,913 | 1,744,705 | 942,208 | 12/31/2020 | T-12 | 3,943,548 | 2,469,390 | 1,474,158 | 12/31/2019 | T-12 | 75.7% | 3,220,766 | 2,001,400 | 1,219,366 | 128,831 | 0 | 1,090,535 | |
31.00 | Loan | 1 | Garver Little Rock | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 830,849 | 24,925 | 805,923 | 7,144 | 49,484 | 749,295 | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | 6/30/2021 | T-12 | 2,270,228 | 1,788,663 | 481,564 | 12/31/2020 | T-12 | 2,968,646 | 2,034,682 | 933,964 | 12/31/2019 | T-12 | 60.6% | 2,778,114 | 1,873,772 | 904,342 | 111,125 | 0 | 793,217 |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | 4/30/2021 | T-12 | 843,131 | 337,472 | 505,659 | 12/31/2020 | T-12 | 851,044 | 377,485 | 473,559 | 12/31/2019 | T-12 | 95.9% | 870,583 | 316,614 | 553,969 | 10,125 | 0 | 543,844 | |
33.01 | Property | 1 | 375 East 209th Street | 4/30/2021 | T-12 | 371,064 | 156,813 | 214,251 | 12/31/2020 | T-12 | 375,329 | 169,668 | 205,661 | 12/31/2019 | T-12 | 93.1% | 366,166 | 146,536 | 219,630 | 4,725 | 0 | 214,905 | |
33.02 | Property | 1 | 2679 Decatur Avenue | 4/30/2021 | T-12 | 321,750 | 120,622 | 201,128 | 12/31/2020 | T-12 | 299,526 | 133,135 | 166,391 | 12/31/2019 | T-12 | 98.0% | 331,242 | 116,644 | 214,597 | 3,600 | 0 | 210,997 | |
33.03 | Property | 1 | 3053 Hull Avenue | 4/30/2021 | T-12 | 150,317 | 60,037 | 90,280 | 12/31/2020 | T-12 | 176,189 | 74,683 | 101,507 | 12/31/2019 | T-12 | 98.0% | 173,175 | 53,433 | 119,741 | 1,800 | 0 | 117,941 | |
34.00 | Loan | 1 | Arizona Pavilions | 12/31/2020 | T-12 | 972,148 | 195,526 | 776,622 | 12/31/2019 | T-12 | 919,549 | 175,552 | 743,997 | 12/31/2018 | T-12 | 91.3% | 924,122 | 236,996 | 687,126 | 3,650 | 19,468 | 664,008 | |
35.00 | Loan | 30 | 1 | Boonton Industrial | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 100.0% | 956,186 | 256,186 | 700,000 | 0 | 0 | 700,000 |
36.00 | Loan | 1 | Leisure Living | 3/31/2021 | T-12 | 832,406 | 350,293 | 482,113 | 12/31/2020 | T-12 | 741,663 | 329,772 | 411,891 | 12/31/2019 | T-12 | 95.0% | 881,395 | 371,182 | 510,214 | 6,696 | 0 | 503,518 | |
37.00 | Loan | 31 | 1 | Walmart Deland | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 475,562 | 14,267 | 461,295 | 0 | 0 | 461,295 |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 4/30/2021 | T-12 | 630,873 | 157,068 | 473,805 | 12/31/2020 | T-12 | 655,041 | 149,991 | 505,050 | 12/31/2019 | T-12 | 96.8% | 680,589 | 158,944 | 521,645 | 7,253 | 4,175 | 510,217 |
39.00 | Loan | 1 | Lost River Self Storage | 5/31/2021 | T-12 | 573,580 | 178,108 | 395,473 | 12/31/2020 | T-12 | 444,188 | 191,244 | 252,944 | 12/31/2019 | T-12 | 93.0% | 756,290 | 197,180 | 559,110 | 10,433 | 0 | 548,678 | |
40.00 | Loan | 1 | Clara Point Apartments | 3/31/2021 | T-12 | 682,955 | 131,705 | 551,250 | 12/31/2020 | T-12 | 656,095 | 124,912 | 531,183 | 12/31/2019 | T-12 | 95.0% | 686,356 | 176,234 | 510,122 | 14,000 | 0 | 496,122 | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | 4/30/2021 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 90.5% | 3,208,408 | 1,864,209 | 1,344,199 | 128,336 | 0 | 1,215,863 |
42.00 | Loan | 1 | AC Self Storage - Missouri City | 3/31/2021 | T-12 | 809,589 | 323,587 | 486,002 | 12/31/2020 | T-12 | 810,381 | 353,203 | 457,178 | 12/31/2019 | T-12 | 86.0% | 823,722 | 337,070 | 486,652 | 5,523 | 0 | 481,129 | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | 3/31/2021 | T-12 | 845,750 | 349,606 | 496,144 | 12/31/2020 | T-12 | 878,441 | 355,597 | 522,844 | 12/31/2019 | T-12 | 88.7% | 887,977 | 348,864 | 539,113 | 8,509 | 0 | 530,604 | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 455,399 | 14,288 | 441,111 | 2,191 | 0 | 438,920 |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 388,793 | 18,764 | 370,029 | 2,964 | 0 | 367,065 |
46.00 | Loan | 1 | Amidon Place Apartments | 5/31/2021 | T-12 | 851,542 | 348,079 | 503,462 | 12/31/2020 | T-12 | 823,797 | 320,883 | 502,914 | 12/31/2019 | T-12 | 88.6% | 865,995 | 400,668 | 465,327 | 45,000 | 0 | 420,327 | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 2/28/2021 | T-12 | 965,186 | 388,428 | 576,759 | 12/31/2020 | T-12 | 981,580 | 417,979 | 563,601 | 12/31/2019 | T-12 | 94.0% | 971,964 | 404,561 | 567,402 | 4,568 | 22,838 | 539,997 |
48.00 | Loan | 39 | 1 | Federales Chicago | 10/31/2019 | T-12 | 372,300 | 0 | 372,300 | 12/31/2018 | T-12 | 360,094 | 0 | 360,094 | 12/31/2017 | T-12 | 95.0% | 382,820 | 11,485 | 371,336 | 1,349 | 7,037 | 362,950 |
49.00 | Loan | 1 | Shops at Valle Vista | 3/31/2021 | T-12 | 502,585 | 116,724 | 385,861 | 12/31/2020 | T-12 | 425,376 | 116,566 | 308,809 | 12/31/2019 | T-12 | 91.6% | 509,178 | 103,668 | 405,510 | 2,117 | 15,950 | 387,442 | |
50.00 | Loan | 1 | Villas at the Woodlands | 5/31/2021 | T-12 | 531,209 | 188,041 | 343,168 | 12/31/2020 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 557,407 | 262,402 | 295,005 | 16,000 | 0 | 279,005 | |
51.00 | Loan | 1 | Turtle Creek Apartments | 5/31/2021 | T-12 | 627,595 | 288,853 | 338,742 | 12/31/2020 | T-12 | 580,153 | 284,145 | 296,008 | 12/31/2019 | T-12 | 95.0% | 702,864 | 310,697 | 392,167 | 33,282 | 0 | 358,885 | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | 12/31/2020 | T-12 | 406,165 | 24,540 | 381,625 | 12/31/2019 | T-12 | 405,720 | 24,095 | 381,625 | 12/31/2018 | T-12 | 95.0% | 372,223 | 38,751 | 333,473 | 3,550 | 17,750 | 312,173 |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | 2/28/2021 | T-12 | 285,000 | 0 | 285,000 | 12/31/2020 | T-12 | 285,000 | 0 | 285,000 | 12/31/2019 | T-12 | 100.0% | 285,000 | 1,957 | 283,043 | 0 | 0 | 283,043 |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | 3/31/2021 | T-12 | 616,534 | 254,455 | 362,079 | 12/31/2020 | T-12 | 456,899 | 263,690 | 193,209 | 12/31/2019 | T-12 | 78.5% | 637,685 | 294,240 | 343,446 | 23,500 | 0 | 319,946 |
55.00 | Loan | 1 | Lord Duplin Apartments | 2/28/2021 | T-12 | 479,747 | 148,667 | 331,080 | 12/31/2020 | T-12 | 484,142 | 149,643 | 334,498 | 12/31/2019 | T-12 | 95.0% | 477,660 | 155,534 | 322,126 | 20,500 | 0 | 301,626 | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | 5/31/2021 | T-12 | 320,008 | 91,172 | 228,836 | 12/31/2020 | T-12 | 301,824 | 92,455 | 209,369 | 12/31/2019 | T-12 | 92.6% | 379,328 | 109,364 | 269,964 | 5,800 | 0 | 264,164 | |
56.01 | Property | 1 | City Walk MHC | 5/31/2021 | T-12 | 204,201 | 53,502 | 150,699 | 12/31/2020 | T-12 | 192,329 | 52,646 | 139,683 | 12/31/2019 | T-12 | 95.0% | 228,723 | 62,399 | 166,324 | 3,600 | 0 | 162,724 | |
56.02 | Property | 1 | Oak Hill MHC | 5/31/2021 | T-12 | 115,807 | 37,670 | 78,137 | 12/31/2020 | T-12 | 109,495 | 39,809 | 69,686 | 12/31/2019 | T-12 | 89.3% | 150,605 | 46,965 | 103,640 | 2,200 | 0 | 101,440 | |
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | 2/28/2021 | T-12 | 427,313 | 179,837 | 247,475 | 12/31/2020 | T-12 | 417,263 | 184,330 | 232,933 | 12/31/2019 | T-12 | 81.9% | 465,233 | 195,848 | 269,385 | 4,086 | 18,262 | 247,037 |
58.00 | Loan | 1 | 7-Eleven Tampa | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 98.0% | 204,225 | 8,927 | 195,298 | 0 | 0 | 195,298 | |
59.00 | Loan | 1 | CVS Mars Hill | 3/31/2021 | T-12 | 262,478 | 0 | 262,478 | 12/31/2020 | T-12 | 262,478 | 0 | 262,478 | 12/31/2019 | T-12 | 100.0% | 180,000 | 0 | 180,000 | 0 | 0 | 180,000 | |
60.00 | Loan | 1 | 5800 Brookhollow | 5/31/2021 | T-12 | 568,247 | 199,443 | 368,804 | 12/31/2020 | T-12 | 613,943 | 199,337 | 414,606 | 12/31/2019 | T-12 | 95.0% | 594,994 | 229,631 | 365,363 | 12,577 | 16,365 | 336,422 | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 83,715 | 2,511 | 81,204 | 1,365 | 0 | 79,839 |
A-1-8
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) (2) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | 2.88 | 2.72 | 9.4% | 8.9% | 129,800,000 | As Is | 4/26/2021 | 57.8% | 57.8% | 89.3% | 6/23/2021 | ||||
1.01 | Property | 1 | 2750 Morris Road | 74,400,000 | As Is | 4/26/2021 | 89.5% | 6/23/2021 | No | Keystone Technologies | 248,104 | 36.4% | |||||||
1.02 | Property | 1 | 1180 Church Road | 55,400,000 | As Is | 4/26/2021 | 88.9% | 6/23/2021 | No | Hughes Relocation Services | 127,661 | 28.4% | |||||||
2.00 | Loan | 1 | The Grace Building | 4.33 | 4.25 | 11.8% | 11.6% | 2,150,000,000 | As Is | 9/8/2020 | 41.1% | 41.1% | 94.8% | 10/19/2020 | No | Bank of America, N.A. | 155,270 | 10.0% | |
3.00 | Loan | 1 | Malibu Colony Plaza | 2.14 | 2.10 | 8.1% | 8.0% | 95,000,000 | As Is | 4/18/2021 | 50.5% | 50.5% | 89.5% | 4/8/2021 | No | Ralphs Fresh Fare | 36,200 | 31.7% | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | 1.61 | 1.51 | 9.2% | 8.7% | 51,710,000 | As Is | 5/3/2021 | 71.6% | 65.1% | 91.9% | 6/15/2021 | |||||
4.01 | Property | 1 | University Heights | 12,100,000 | As Is | 5/3/2021 | 87.7% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.02 | Property | 1 | Ashbury Court | 10,900,000 | As Is | 5/3/2021 | 91.7% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.03 | Property | 1 | James Court | 8,430,000 | As Is | 5/3/2021 | 92.7% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.04 | Property | 1 | Old Orchard | 4,680,000 | As Is | 5/3/2021 | 94.4% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.05 | Property | 1 | Ashbury East | 4,550,000 | As Is | 5/3/2021 | 95.0% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.06 | Property | 1 | Colonial West | 3,910,000 | As Is | 5/3/2021 | 97.5% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.07 | Property | 1 | Colonial East | 3,720,000 | As Is | 5/3/2021 | 92.1% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
4.08 | Property | 1 | Cardinal Apartments | 3,420,000 | As Is | 5/3/2021 | 95.1% | 6/15/2021 | No | NAP | NAP | NAP | |||||||
5.00 | Loan | 1 | Gramercy Plaza | 3.45 | 3.39 | 11.5% | 11.3% | 45,000,000 | As Is | 4/26/2021 | 60.4% | 60.4% | 91.3% | 6/4/2021 | No | CCH Incorporated | 39,793 | 25.3% | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | 2.08 | 1.89 | 11.2% | 10.2% | 42,500,000 | As Is | 10/28/2020 | 62.6% | 50.6% | 90.3% | 5/25/2021 | No | Royal Dance Works, Inc. | 8,796 | 6.7% |
7.00 | Loan | 14 | Rollins Portfolio | 2.94 | 2.94 | 9.6% | 9.6% | 60,200,000 | As Is | Various | 65.4% | 65.4% | 100.0% | 7/1/2021 | |||||
7.01 | Property | 1 | Lodi | 14,850,000 | As Is | 1/15/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 55,632 | 100.0% | |||||||
7.02 | Property | 1 | Sacramento | 5,300,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 19,128 | 100.0% | |||||||
7.03 | Property | 1 | Geotech Supply | 6,600,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 25,020 | 100.0% | |||||||
7.04 | Property | 1 | Vacaville | 4,090,000 | As Is | 1/18/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 13,840 | 100.0% | |||||||
7.05 | Property | 1 | Rancho Cordova | 4,200,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 15,520 | 100.0% | |||||||
7.06 | Property | 1 | Modesto | 4,400,000 | As Is | 1/15/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 16,016 | 100.0% | |||||||
7.07 | Property | 1 | Auburn | 4,100,000 | As Is | 1/18/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 19,750 | 100.0% | |||||||
7.08 | Property | 1 | Livermore | 3,020,000 | As Is | 1/18/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 9,920 | 100.0% | |||||||
7.09 | Property | 1 | Salinas | 2,910,000 | As Is | 1/22/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 8,005 | 100.0% | |||||||
7.10 | Property | 1 | Yuba City | 2,890,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 9,920 | 100.0% | |||||||
7.11 | Property | 1 | Santa Rosa | 2,330,000 | As Is | 1/18/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 8,525 | 100.0% | |||||||
7.12 | Property | 1 | Redding | 2,170,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 12,480 | 100.0% | |||||||
7.13 | Property | 1 | Chico | 1,840,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 9,634 | 100.0% | |||||||
7.14 | Property | 1 | Sonora | 1,500,000 | As Is | 1/19/2021 | 100.0% | 7/1/2021 | Yes | Clark Pest Control | 8,950 | 100.0% | |||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 1.42 | 1.38 | 8.8% | 8.6% | 42,520,000 | As Is | 3/25/2021 | 57.0% | 46.5% | 99.3% | 5/11/2021 | No | Heinen’s | 33,280 | 24.0% |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | 1.75 | 1.72 | 7.2% | 7.1% | 34,800,000 | As Stabilized | 7/1/2021 | 66.7% | 66.7% | 98.6% | 6/25/2021 | No | NAP | NAP | NAP |
10.00 | Loan | 1 | The Wyatt at Northern Lights | 2.01 | 1.94 | 8.8% | 8.5% | 35,700,000 | As Is | 5/26/2021 | 63.7% | 63.7% | 98.2% | 6/14/2021 | NAP | NAP | NAP | NAP | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | 1.67 | 1.64 | 7.3% | 7.2% | 31,000,000 | Market Value As-Is Subject to E.A. $2.5mm Reserve Fund | 6/4/2021 | 65.5% | 65.5% | 83.4% | 6/15/2021 | No | Trader Joe’s | 17,555 | 67.5% |
12.00 | Loan | 16, 17 | 1 | The Westchester | 3.75 | 3.61 | 12.3% | 11.9% | 647,000,000 | As Is | 1/12/2021 | 53.0% | 53.0% | 92.2% | 5/11/2021 | No | Nordstrom | 206,197 | 25.5% |
13.00 | Loan | 1 | Metro Crossing | 2.26 | 2.05 | 12.0% | 10.8% | 53,700,000 | As Is | 5/27/2021 | 64.2% | 57.7% | 92.5% | 6/9/2021 | No | Hobby Lobby | 55,000 | 17.7% | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | 3.67 | 3.63 | 10.8% | 10.7% | 37,710,000 | As Is | Various | 53.0% | 53.0% | 100.0% | 7/1/2021 | ||||
14.01 | Property | 1 | Kroger - Columbus, OH | 8,950,000 | As Is | 5/3/2021 | 100.0% | 7/1/2021 | Yes | Kroger | 61,387 | 100.0% | |||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | 8,450,000 | As Is | 4/19/2021 | 100.0% | 7/1/2021 | Yes | Giant Eagle | 68,536 | 100.0% | |||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | 4,160,000 | As Is | 5/5/2021 | 100.0% | 7/1/2021 | Yes | Walgreens | 15,120 | 100.0% | |||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | 2,720,000 | As Is | 5/4/2021 | 100.0% | 7/1/2021 | Yes | Fresenius Medical Care | 9,231 | 100.0% | |||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | 2,660,000 | As Is | 4/27/2021 | 100.0% | 7/1/2021 | Yes | BB&T Bank | 2,972 | 100.0% | |||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | 2,500,000 | As Is | 4/24/2021 | 100.0% | 7/1/2021 | Yes | Dollar General | 9,002 | 100.0% | |||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | 2,450,000 | As Is | 4/20/2021 | 100.0% | 7/1/2021 | Yes | Verizon Wireless | 6,000 | 100.0% | |||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | 1,700,000 | As Is | 4/24/2021 | 100.0% | 7/1/2021 | Yes | Napa Auto Parts | 7,785 | 100.0% | |||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | 1,630,000 | As Is | 5/5/2021 | 100.0% | 7/1/2021 | Yes | Dollar Tree | 11,800 | 100.0% | |||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | 1,350,000 | As Is | 5/2/2021 | 100.0% | 7/1/2021 | Yes | Dollar Tree | 9,600 | 100.0% | |||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | 1,140,000 | As Is | 4/17/2021 | 100.0% | 7/1/2021 | Yes | Dollar General | 9,014 | 100.0% | |||||||
15.00 | Loan | 1 | Seacrest Homes | 2.25 | 2.23 | 8.9% | 8.8% | 90,000,000 | As Is | 3/9/2021 | 53.3% | 53.3% | 98.3% | 3/1/2021 | No | NAP | NAP | NAP | |
16.00 | Loan | 1 | Ranch Self Storage | 1.29 | 1.28 | 8.2% | 8.1% | 25,080,000 | As Is | 2/10/2021 | 65.8% | 60.7% | 97.3% | 5/31/2021 | NAP | NAP | NAP | NAP | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 4.39 | 3.98 | 12.7% | 11.5% | 35,600,000 | As Is | 5/6/2021 | 42.1% | 42.1% | 90.2% | 7/1/2021 | No | American Building Products | 37,500 | 9.1% |
18.00 | Loan | 21 | 1 | Herndon Square | 1.93 | 1.73 | 11.1% | 10.0% | 44,200,000 | As Is | 1/12/2021 | 68.7% | 55.0% | 87.8% | 3/19/2021 | No | General Dynamics Mission Systems, Inc. | 40,357 | 15.3% |
19.00 | Loan | 1 | The Plaza at Williams Centre | 2.00 | 1.93 | 10.6% | 10.3% | 21,050,000 | As Is | 4/22/2021 | 66.5% | 51.8% | 84.9% | 6/1/2021 | No | Olive Garden #1219 | 8,650 | 8.9% | |
20.00 | Loan | 1 | Lafayette Arms Apartments | 1.68 | 1.62 | 9.4% | 9.1% | 15,800,000 | As Is | 6/10/2021 | 69.6% | 56.9% | 99.3% | 6/30/2021 | No | NAP | NAP | NAP | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | 2.05 | 2.05 | 11.0% | 11.0% | 25,000,000 | As Is | 5/12/2021 | 42.8% | 33.4% | NAP | NAP | NAP | NAP | NAP | NAP | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | 2.22 | 2.17 | 8.2% | 8.0% | 17,000,000 | As Is | 5/27/2021 | 62.6% | 62.6% | 100.0% | 6/30/2021 | No | NAP | NAP | NAP | |
23.00 | Loan | 1 | 884 Riverside Drive | 1.28 | 1.27 | 7.8% | 7.7% | 17,200,000 | As Is | 3/2/2021 | 61.5% | 56.4% | 98.3% | 3/24/2021 | NAP | NAP | NAP | NAP | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | 3.09 | 3.01 | 10.0% | 9.7% | 16,750,000 | As Portfolio | 4/21/2021 | 53.7% | 53.7% | 95.4% | 3/31/2021 | ||||
24.01 | Property | 1 | Securlock - Casa Grande | 8,000,000 | As Is | 4/6/2021 | 94.9% | 3/31/2021 | NAP | NAP | NAP | NAP | |||||||
24.02 | Property | 1 | Securlock - Cordova | 4,350,000 | As Is | 4/13/2021 | 97.7% | 3/31/2021 | NAP | NAP | NAP | NAP | |||||||
24.03 | Property | 1 | Securlock - Antioch | 4,100,000 | As Is | 4/13/2021 | 93.8% | 3/31/2021 | NAP | NAP | NAP | NAP | |||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | 2.23 | 2.04 | 13.8% | 12.6% | 13,200,000 | As Is | 9/24/2019 | 67.3% | 56.1% | 46.8% | 4/30/2021 | NAP | NAP | NAP | NAP |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | 2.24 | 2.22 | 8.8% | 8.7% | 17,800,000 | As Stabilized | 1/1/2022 | 46.3% | 46.3% | 93.8% | 5/26/2021 | NAP | NAP | NAP | NAP |
27.00 | Loan | 1 | Interstate Self Storage | 1.38 | 1.36 | 8.5% | 8.3% | 12,840,000 | As Is | 4/21/2021 | 63.9% | 58.6% | 82.9% | 6/7/2021 | NAP | NAP | NAP | NAP | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | 1.76 | 1.72 | 6.9% | 6.8% | 36,100,000 | As Is | 1/28/2020 | 63.7% | 63.7% | 96.2% | 4/20/2021 | ||||
28.01 | Property | 1 | 260-262 West 122nd Street | 5,250,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.02 | Property | 1 | 240 West 122nd Street | 4,300,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.03 | Property | 1 | 238 West 122nd Street | 4,150,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.04 | Property | 1 | 242 West 122nd Street | 3,900,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.05 | Property | 1 | 236 West 122nd Street | 4,150,000 | As Is | 1/28/2020 | 85.7% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.06 | Property | 1 | 244 West 122nd Street | 3,100,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | 2,900,000 | As Is | 1/28/2020 | 77.8% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.08 | Property | 1 | 234 West 122nd Street | 3,050,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP |
A-1-9
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) (2) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | 2,250,000 | As Is | 1/28/2020 | 88.9% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | 1,600,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
28.11 | Property | 1 | 262 West 115th Street | 1,450,000 | As Is | 1/28/2020 | 100.0% | 4/20/2021 | No | NAP | NAP | NAP | |||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | 1.42 | 1.38 | 8.8% | 8.6% | 11,500,000 | As Is | 2/6/2021 | 69.6% | 61.3% | 100.0% | 6/23/2021 | No | Premier Liquor and Fine Wines | 3,190 | 16.4% |
30.00 | Loan | 1 | TownePlace Suites The Villages | 2.74 | 2.45 | 16.3% | 14.5% | 16,400,000 | As Is | 4/26/2021 | 45.7% | 41.8% | 68.4% | 5/31/2021 | NAP | NAP | NAP | NAP | |
31.00 | Loan | 1 | Garver Little Rock | 3.62 | 3.37 | 11.1% | 10.3% | 13,200,000 | As Is | 2/23/2021 | 55.0% | 55.0% | 100.0% | 7/1/2021 | Yes | Garver | 47,627 | 100.0% | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | 1.93 | 1.70 | 12.8% | 11.2% | 12,000,000 | As Is | 4/1/2021 | 58.8% | 48.9% | 60.6% | 6/30/2021 | No | NAP | NAP | NAP |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | 2.12 | 2.09 | 8.2% | 8.1% | 10,050,000 | As Is | 3/15/2021 | 67.0% | 67.0% | 97.8% | 4/14/2021 | |||||
33.01 | Property | 1 | 375 East 209th Street | 4,200,000 | As Is | 3/15/2021 | 95.2% | 4/14/2021 | NAP | NAP | NAP | NAP | |||||||
33.02 | Property | 1 | 2679 Decatur Avenue | 3,700,000 | As Is | 3/15/2021 | 100.0% | 4/14/2021 | NAP | NAP | NAP | NAP | |||||||
33.03 | Property | 1 | 3053 Hull Avenue | 2,150,000 | As Is | 3/15/2021 | 100.0% | 4/14/2021 | NAP | NAP | NAP | NAP | |||||||
34.00 | Loan | 1 | Arizona Pavilions | 1.62 | 1.57 | 10.5% | 10.1% | 11,700,000 | As Is | 12/4/2020 | 56.2% | 46.5% | 89.6% | 12/31/2020 | No | Barro’s Pizza | 4,817 | 19.8% | |
35.00 | Loan | 30 | 1 | Boonton Industrial | 1.69 | 1.69 | 10.8% | 10.8% | 9,600,000 | As Is | 5/24/2021 | 67.7% | 55.6% | 100.0% | 7/1/2021 | Yes | J Supor Realty, LLC | 55,000 | 100.0% |
36.00 | Loan | 1 | Leisure Living | 1.38 | 1.37 | 8.3% | 8.2% | 10,620,000 | As Is | 3/7/2021 | 57.8% | 46.7% | 98.4% | 4/27/2021 | No | NAP | NAP | NAP | |
37.00 | Loan | 31 | 1 | Walmart Deland | 1.90 | 1.89 | 7.7% | 7.7% | 9,625,000 | As Is | 3/12/2021 | 64.7% | 64.7% | 100.0% | 7/1/2021 | Yes | Walmart Inc. | 41,871 | 100.0% |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 1.45 | 1.42 | 8.7% | 8.5% | 9,200,000 | As Is | 5/13/2021 | 65.2% | 59.7% | 100.0% | 4/15/2021 | No | Cibao Bakery | 2,225 | 8.4% |
39.00 | Loan | 1 | Lost River Self Storage | 1.45 | 1.42 | 9.3% | 9.1% | 8,450,000 | As Is | 3/11/2021 | 71.0% | 61.6% | 95.8% | 4/7/2021 | NAP | NAP | NAP | NAP | |
40.00 | Loan | 1 | Clara Point Apartments | 1.38 | 1.34 | 8.6% | 8.3% | 8,000,000 | As Is | 2/26/2021 | 74.4% | 62.4% | 96.4% | 4/15/2021 | NAP | NAP | NAP | NAP | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | 2.57 | 2.32 | 24.1% | 21.8% | 13,200,000 | As Is | 3/1/2021 | 42.3% | 29.1% | 90.5% | 2/28/2021 | No | NAP | NAP | NAP |
42.00 | Loan | 1 | AC Self Storage - Missouri City | 2.73 | 2.70 | 9.2% | 9.1% | 8,850,000 | As Is | 4/10/2021 | 59.9% | 59.9% | 91.1% | 4/30/2021 | NAP | NAP | NAP | NAP | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | 3.03 | 2.98 | 10.2% | 10.0% | 8,600,000 | As Is | 4/23/2021 | 61.6% | 61.6% | 94.5% | 4/30/2021 | NAP | NAP | NAP | NAP | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | 1.83 | 1.82 | 8.6% | 8.6% | 7,500,000 | As Is | 2/4/2021 | 68.1% | 68.1% | 100.0% | 7/1/2021 | Yes | Walgreens | 14,607 | 100.0% |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | 1.90 | 1.89 | 7.7% | 7.7% | 7,080,000 | As Is | 3/9/2021 | 64.7% | 64.7% | 100.0% | 7/1/2021 | Yes | Walgreen Co. | 14,820 | 100.0% |
46.00 | Loan | 1 | Amidon Place Apartments | 1.76 | 1.59 | 9.9% | 9.0% | 6,450,000 | As Is | 3/1/2021 | 72.7% | 62.8% | 93.9% | 6/22/2021 | NAP | NAP | NAP | NAP | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 2.23 | 2.12 | 12.3% | 11.7% | 7,600,000 | As Is | 3/8/2021 | 60.5% | 54.8% | 100.0% | 4/1/2021 | No | Walgreens | 14,835 | 65.0% |
48.00 | Loan | 39 | 1 | Federales Chicago | 1.76 | 1.72 | 8.3% | 8.1% | 7,600,000 | As Is | 11/8/2019 | 59.2% | 59.2% | 100.0% | 7/1/2021 | Yes | Federales | 8,990 | 100.0% |
49.00 | Loan | 1 | Shops at Valle Vista | 1.88 | 1.80 | 11.1% | 10.6% | 5,900,000 | As Is | 3/12/2021 | 62.0% | 56.6% | 100.0% | 4/27/2021 | No | Freddy’s Frozen Custard | 3,255 | 23.1% | |
50.00 | Loan | 1 | Villas at the Woodlands | 1.40 | 1.32 | 8.4% | 8.0% | 5,300,000 | As Is | 6/2/2021 | 66.0% | 53.4% | 98.4% | 6/9/2021 | NAP | NAP | NAP | NAP | |
51.00 | Loan | 1 | Turtle Creek Apartments | 2.05 | 1.87 | 11.4% | 10.4% | 4,730,000 | As Is | 5/18/2021 | 72.9% | 57.6% | 96.9% | 6/21/2021 | No | NAP | NAP | NAP | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | 1.54 | 1.44 | 9.7% | 9.1% | 5,400,000 | As Is | 3/15/2021 | 63.5% | 49.4% | 100.0% | 7/1/2021 | Yes | Fleetpride | 35,500 | 100.0% |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | 2.01 | 2.01 | 8.4% | 8.4% | 5,040,000 | As Is | 3/30/2021 | 66.5% | 66.5% | 100.0% | 7/1/2021 | Yes | Walgreens | 14,550 | 100.0% |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | 1.50 | 1.40 | 10.3% | 9.6% | 5,700,000 | As Is | 12/4/2020 | 58.7% | 43.7% | 94.7% | 4/26/2021 | No | NAP | NAP | NAP |
55.00 | Loan | 1 | Lord Duplin Apartments | 1.71 | 1.60 | 10.0% | 9.4% | 4,500,000 | As Is | 3/12/2021 | 71.7% | 62.3% | 98.8% | 4/12/2021 | NAP | NAP | NAP | NAP | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | 1.39 | 1.36 | 8.6% | 8.5% | 4,970,000 | As Is | 3/19/2021 | 62.9% | 55.4% | 92.2% | 5/1/2021 | |||||
56.01 | Property | 1 | City Walk MHC | 2,970,000 | As Is | 3/19/2021 | 95.8% | 5/1/2021 | NAP | NAP | NAP | NAP | |||||||
56.02 | Property | 1 | Oak Hill MHC | 2,000,000 | As Is | 3/19/2021 | 88.6% | 5/1/2021 | NAP | NAP | NAP | NAP | |||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | 1.79 | 1.64 | 10.8% | 9.9% | 4,300,000 | As Is | 4/9/2021 | 58.1% | 47.0% | 79.8% | 5/1/2021 | No | Access Services | 6,874 | 33.6% |
58.00 | Loan | 1 | 7-Eleven Tampa | 2.08 | 2.08 | 9.2% | 9.2% | 4,120,000 | As Is | 2/23/2021 | 51.6% | 51.6% | 100.0% | 7/1/2021 | Yes | 7-Eleven | 3,098 | 100.0% | |
59.00 | Loan | 1 | CVS Mars Hill | 2.07 | 2.07 | 8.6% | 8.6% | 3,500,000 | As Is | 4/11/2021 | 60.0% | 60.0% | 100.0% | 7/1/2021 | Yes | North Carolina CVS Pharmacy, LLC | 9,854 | 100.0% | |
60.00 | Loan | 1 | 5800 Brookhollow | 6.32 | 5.82 | 18.3% | 16.8% | 7,100,000 | As Is | 5/6/2021 | 28.2% | 28.2% | 100.0% | 7/1/2021 | No | Trulite Glass & Aluminum | 40,524 | 45.1% | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | 2.15 | 2.12 | 9.6% | 9.4% | 1,290,000 | As Is | 7/5/2020 | 65.7% | 65.7% | 100.0% | 7/1/2021 | Yes | Dollar General | 9,100 | 100.0% |
A-1-10
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant Lease Expiration Date (3) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date (3) | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date (3) | Fourth Largest Tenant | Fourth Largest Tenant SF |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | |||||||||||
1.01 | Property | 1 | 2750 Morris Road | 3/31/2031 | Jillamy | 152,827 | 22.4% | 8/31/2026 | Encompass Elements | 67,466 | 9.9% | 6/30/2029 | Vygon | 62,272 | |
1.02 | Property | 1 | 1180 Church Road | 1/31/2034 | Organon & Co. | 125,127 | 27.8% | 12/31/2022 | Mancino Mats | 68,000 | 15.1% | 5/31/2025 | Safeguard Business Systems | 42,000 | |
2.00 | Loan | 1 | The Grace Building | 5/31/2042 | The Trade Desk | 154,558 | 9.9% | 8/31/2030 | Israel Discount Bank | 142,533 | 9.2% | 12/31/2040 | Bain & Company, Inc. | 121,262 | |
3.00 | Loan | 1 | Malibu Colony Plaza | 8/30/2023 | CVS | 22,880 | 20.0% | 1/31/2025 | Zinque | 6,387 | 5.6% | 3/31/2032 | Bank of America | 5,032 | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | ||||||||||||
4.01 | Property | 1 | University Heights | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.02 | Property | 1 | Ashbury Court | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.03 | Property | 1 | James Court | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.04 | Property | 1 | Old Orchard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.05 | Property | 1 | Ashbury East | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.06 | Property | 1 | Colonial West | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.07 | Property | 1 | Colonial East | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.08 | Property | 1 | Cardinal Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
5.00 | Loan | 1 | Gramercy Plaza | 4/30/2028 | U.S Auto Parts Network, Inc | 25,265 | 16.1% | 2/12/2026 | Pioneer Electronics (USA) Inc | 24,652 | 15.7% | 12/31/2022 | Sanrio, Inc | 21,268 | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | 12/31/2030 | Brown Group Retail, LLC | 7,678 | 5.9% | 10/31/2022 | FedEx Kinko’s | 6,845 | 5.2% | 1/31/2028 | Chili’s Grill & Bar | 6,341 |
7.00 | Loan | 14 | Rollins Portfolio | ||||||||||||
7.01 | Property | 1 | Lodi | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.02 | Property | 1 | Sacramento | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.03 | Property | 1 | Geotech Supply | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.04 | Property | 1 | Vacaville | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.05 | Property | 1 | Rancho Cordova | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.06 | Property | 1 | Modesto | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.07 | Property | 1 | Auburn | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.08 | Property | 1 | Livermore | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.09 | Property | 1 | Salinas | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.10 | Property | 1 | Yuba City | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.11 | Property | 1 | Santa Rosa | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.12 | Property | 1 | Redding | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.13 | Property | 1 | Chico | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
7.14 | Property | 1 | Sonora | 2/29/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 1/31/2030 | Metropolitan Hotel | 23,882 | 17.2% | 4/30/2036 (20,032 SF); 9/1/2029 (3,850 SF) | Downtown Cleveland Alliance (DCA) | 8,701 | 6.3% | 6/30/2024 | Gdot Design, Jen Diasio | 8,653 |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10.00 | Loan | 1 | The Wyatt at Northern Lights | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | 6/24/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 16, 17 | 1 | The Westchester | 3/17/2035 | Neiman Marcus | 143,196 | 17.7% | 1/21/2027 | Crate & Barrel | 33,500 | 4.1% | 1/31/2024 | Arhaus | 17,810 |
13.00 | Loan | 1 | Metro Crossing | 4/30/2023 | Dick’s Sporting Goods | 45,000 | 14.5% | 1/31/2026 | TJ Maxx | 25,160 | 8.1% | 1/31/2027 | PetSmart | 20,087 | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | |||||||||||
14.01 | Property | 1 | Kroger - Columbus, OH | 2/28/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | 3/31/2027 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.03 | Property | 1 | Walgreens - Cordova, TN | 9/30/2027 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | 5/31/2031 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.05 | Property | 1 | BB&T - Lancaster, PA | 10/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.06 | Property | 1 | Dollar General - Delhi, CA | 2/28/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | 4/30/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | 2/28/2030 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | 8/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | 6/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
14.11 | Property | 1 | Dollar General - Lubbock, TX | 12/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
15.00 | Loan | 1 | Seacrest Homes | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
16.00 | Loan | 1 | Ranch Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 2/28/2026 | Big Shot Beverages Inc | 23,672 | 5.7% | 12/31/2022 | NRX Logistics | 21,329 | 5.2% | 5/31/2023 | Office Depot Inc. | 19,481 |
18.00 | Loan | 21 | 1 | Herndon Square | 10/31/2022 | Cogent Communications, Inc. | 26,286 | 10.0% | 9/30/2023 | Beacon Roofing Supply, Inc. and Beacon Sales Acquisition, Inc. | 25,188 | 9.6% | 2/29/2024 | Advanced Simulation Technology, Inc. | 17,126 |
19.00 | Loan | 1 | The Plaza at Williams Centre | 8/14/2025 | Phenix Salon Suites | 4,943 | 5.1% | 7/31/2028 | First Watch #219 | 4,127 | 4.3% | 1/31/2026 | Pita Jungle | 4,000 | |
20.00 | Loan | 1 | Lafayette Arms Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.00 | Loan | 1 | 884 Riverside Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | |||||||||||
24.01 | Property | 1 | Securlock - Casa Grande | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24.02 | Property | 1 | Securlock - Cordova | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24.03 | Property | 1 | Securlock - Antioch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 1 | Interstate Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | |||||||||||
28.01 | Property | 1 | 260-262 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.02 | Property | 1 | 240 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.03 | Property | 1 | 238 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.04 | Property | 1 | 242 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.05 | Property | 1 | 236 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.06 | Property | 1 | 244 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.08 | Property | 1 | 234 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-11
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant Lease Expiration Date (3) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date (3) | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date (3) | Fourth Largest Tenant | Fourth Largest Tenant SF |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.11 | Property | 1 | 262 West 115th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
29.00 | Loan | 28 | 1 | Heights Marketplace | 8/30/2032 | Lovett Dental | 2,860 | 14.7% | 11/30/2022 | Citrus Nail Spa | 2,475 | 12.7% | 3/31/2023 | Smash Burger | 2,365 |
30.00 | Loan | 1 | TownePlace Suites The Villages | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31.00 | Loan | 1 | Garver Little Rock | 6/30/2032 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | ||||||||||||
33.01 | Property | 1 | 375 East 209th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.02 | Property | 1 | 2679 Decatur Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.03 | Property | 1 | 3053 Hull Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
34.00 | Loan | 1 | Arizona Pavilions | 10/31/2027 | Mattress Firm | 4,000 | 16.4% | 9/30/2029 | Chipotle | 2,200 | 9.0% | 6/30/2025 | Jersey Mike’s | 1,752 | |
35.00 | Loan | 30 | 1 | Boonton Industrial | 6/30/2041 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36.00 | Loan | 1 | Leisure Living | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37.00 | Loan | 31 | 1 | Walmart Deland | 1/16/2038 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 12/31/2028 (1,215 SF); 9/30/2029 (1,010 SF) | Tessey’s International Kitchen Inc. | 1,110 | 4.2% | 12/31/2023 | Carefirst RX Inc. (Pharmacy) | 1,015 | 3.8% | 2/15/2026 | The Final Touch Nails & Beauty Salon | 1,000 |
39.00 | Loan | 1 | Lost River Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
40.00 | Loan | 1 | Clara Point Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42.00 | Loan | 1 | AC Self Storage - Missouri City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | 10/31/2034 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | 7/31/2034 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46.00 | Loan | 1 | Amidon Place Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 6/30/2081 | Senor Taco | 2,700 | 11.8% | 3/31/2023 | Pretty Nails & Spa | 2,200 | 9.6% | 12/31/2025 | Sammy’s Burgers | 1,800 |
48.00 | Loan | 39 | 1 | Federales Chicago | 1/5/2032 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49.00 | Loan | 1 | Shops at Valle Vista | 3/31/2028 | Visionworks | 2,875 | 20.4% | 1/31/2029 | T-Mobile | 2,461 | 17.4% | 11/30/2024 | Rio Mattress Outlet | 1,480 | |
50.00 | Loan | 1 | Villas at the Woodlands | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
51.00 | Loan | 1 | Turtle Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | 12/31/2032 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | 3/31/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55.00 | Loan | 1 | Lord Duplin Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | ||||||||||||
56.01 | Property | 1 | City Walk MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
56.02 | Property | 1 | Oak Hill MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | 1/31/2025 | Einstein Healthcare Network | 5,780 | 28.3% | 2/28/2027 | Eastern Pennsylvania Youth Soccer Assoc. | 3,660 | 17.9% | 6/30/2028 | NAP | NAP |
58.00 | Loan | 1 | 7-Eleven Tampa | 3/31/2036 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
59.00 | Loan | 1 | CVS Mars Hill | 1/31/2041 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
60.00 | Loan | 1 | 5800 Brookhollow | 1/31/2031 | Cosentino North America | 20,599 | 22.9% | 4/30/2023 | Piedmont Plastics Inc | 16,335 | 18.2% | 1/31/2023 | Sotec LLC | 12,375 | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | 6/30/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-12
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date (3) | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date (3) | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | ||||||||||||||||
1.01 | Property | 1 | 2750 Morris Road | 9.1% | 10/31/2023 | Valmet | 41,105 | 6.0% | 12/31/2024 | 8/12/2020 | NAP | 8/12/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
1.02 | Property | 1 | 1180 Church Road | 9.3% | 7/31/2022 | Genesis | 37,160 | 8.3% | 8/31/2023 | 12/8/2020 | NAP | 12/8/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
2.00 | Loan | 1 | The Grace Building | 7.8% | 2/28/2030 | Insight Venture Management LLC | 93,998 | 6.0% | 2/28/2030 | 9/22/2020 | NAP | 9/22/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
3.00 | Loan | 1 | Malibu Colony Plaza | 4.4% | 12/31/2026 | Coogie’s Beach Café | 3,594 | 3.1% | 11/11/2025 | 4/20/2021 | NAP | 4/21/2021 | 4/20/2021 | 12% | No | Fee | NAP | NAP | NAP | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | |||||||||||||||||
4.01 | Property | 1 | University Heights | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
4.02 | Property | 1 | Ashbury Court | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
4.03 | Property | 1 | James Court | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
4.04 | Property | 1 | Old Orchard | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
4.05 | Property | 1 | Ashbury East | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
4.06 | Property | 1 | Colonial West | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
4.07 | Property | 1 | Colonial East | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
4.08 | Property | 1 | Cardinal Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
5.00 | Loan | 1 | Gramercy Plaza | 13.5% | 4/30/2026 | Titan Legal Services, Inc | 10,206 | 6.5% | 1/31/2027 | 5/3/2021 | NAP | 3/4/2021 | 5/6/2021 | 15% | No | Fee | NAP | NAP | NAP | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | 4.9% | 1/24/2023 | Bank of America | 5,400 | 4.1% | 11/30/2022 | 11/9/2020 | NAP | 3/17/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP |
7.00 | Loan | 14 | Rollins Portfolio | |||||||||||||||||
7.01 | Property | 1 | Lodi | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/21/2020 | 12/28/2020 | 3% | No | Fee | NAP | NAP | NAP | |
7.02 | Property | 1 | Sacramento | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/24/2020 | 12/21/2020 | 6% | No | Fee | NAP | NAP | NAP | |
7.03 | Property | 1 | Geotech Supply | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/21/2020 | 12/21/2020 | 3% | No | Fee | NAP | NAP | NAP | |
7.04 | Property | 1 | Vacaville | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/17/2020 | 12/23/2020 | 9% | No | Fee | NAP | NAP | NAP | |
7.05 | Property | 1 | Rancho Cordova | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/24/2020 | 12/28/2020 | 10% | No | Fee | NAP | NAP | NAP | |
7.06 | Property | 1 | Modesto | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/23/2020 | 12/23/2020 | 3% | No | Fee | NAP | NAP | NAP | |
7.07 | Property | 1 | Auburn | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/18/2020 | 12/28/2020 | 5% | No | Fee | NAP | NAP | NAP | |
7.08 | Property | 1 | Livermore | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/22/2020 | 12/23/2020 | 11% | No | Fee | NAP | NAP | NAP | |
7.09 | Property | 1 | Salinas | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/24/2020 | 12/23/2020 | 6% | No | Fee | NAP | NAP | NAP | |
7.10 | Property | 1 | Yuba City | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/18/2020 | 12/28/2020 | 2% | No | Fee | NAP | NAP | NAP | |
7.11 | Property | 1 | Santa Rosa | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/24/2020 | 12/23/2020 | 8% | No | Fee | NAP | NAP | NAP | |
7.12 | Property | 1 | Redding | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/22/2020 | 12/28/2020 | 2% | No | Fee | NAP | NAP | NAP | |
7.13 | Property | 1 | Chico | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/21/2020 | 12/28/2020 | 4% | No | Fee | NAP | NAP | NAP | |
7.14 | Property | 1 | Sonora | NAP | NAP | NAP | NAP | NAP | NAP | 12/24/2020 | NAP | 12/22/2020 | 12/28/2020 | 4% | No | Fee | NAP | NAP | NAP | |
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 6.2% | 9/30/2024 | Geis Hospitality, LLC | 7,023 | 5.1% | 4/30/2036 | 4/6/2021 | NAP | 4/6/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | NAP | NAP | NAP | NAP | NAP | NAP | 5/13/2021 | NAP | 5/11/2021 | NAP | NAP | No | Leasehold | 10/18/2116 | NAP | 1/20/2312 |
10.00 | Loan | 1 | The Wyatt at Northern Lights | NAP | NAP | NAP | NAP | NAP | NAP | 6/14/2021 | NAP | 6/9/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | NAP | NAP | NAP | NAP | NAP | NAP | 6/1/2021 | NAP | 6/1/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
12.00 | Loan | 16, 17 | 1 | The Westchester | 2.2% | 6/30/2031 | Urban Outfitters | 10,424 | 1.3% | 1/31/2023 | 1/6/2020 | NAP | 1/6/2020 | NAP | NAP | No | Fee & Leasehold | 12/30/2091 | NAP | NAP |
13.00 | Loan | 1 | Metro Crossing | 6.5% | 1/31/2024 | Old Navy | 13,453 | 4.3% | 6/30/2030 | 5/7/2021 | NAP | 5/7/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | ||||||||||||||||
14.01 | Property | 1 | Kroger - Columbus, OH | NAP | NAP | NAP | NAP | NAP | NAP | 5/14/2021 | NAP | 5/25/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | NAP | NAP | NAP | NAP | NAP | NAP | 4/23/2021 | NAP | 4/23/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.03 | Property | 1 | Walgreens - Cordova, TN | NAP | NAP | NAP | NAP | NAP | NAP | 4/19/2021 | NAP | 4/21/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | NAP | NAP | NAP | NAP | NAP | NAP | 4/5/2021 | NAP | 4/5/2021 | NAP | NAP | Yes | Fee | NAP | NAP | NAP | |
14.05 | Property | 1 | BB&T - Lancaster, PA | NAP | NAP | NAP | NAP | NAP | NAP | 5/17/2021 | NAP | 5/24/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.06 | Property | 1 | Dollar General - Delhi, CA | NAP | NAP | NAP | NAP | NAP | NAP | 5/10/2021 | NAP | 5/10/2021 | 5/10/2021 | 2% | No | Fee | NAP | NAP | NAP | |
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | NAP | NAP | NAP | NAP | NAP | NAP | 4/20/2021 | NAP | 4/28/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | NAP | NAP | NAP | NAP | NAP | NAP | 5/17/2021 | NAP | 5/24/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | NAP | NAP | NAP | NAP | NAP | NAP | 4/27/2021 | NAP | 4/28/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NAP | NAP | NAP | NAP | NAP | NAP | 4/30/2021 | NAP | 4/30/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
14.11 | Property | 1 | Dollar General - Lubbock, TX | NAP | NAP | NAP | NAP | NAP | NAP | 4/19/2021 | NAP | 4/19/2021 | NAP | NAP | Yes | Fee | NAP | NAP | NAP | |
15.00 | Loan | 1 | Seacrest Homes | NAP | NAP | NAP | NAP | NAP | NAP | 3/16/2021 | NAP | 3/16/2021 | 3/23/2021 | 9% | No | Fee | NAP | NAP | NAP | |
16.00 | Loan | 1 | Ranch Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | 2/16/2021 | NAP | 2/16/2021 | 2/16/2021 | 9% | Yes - D | Fee | NAP | NAP | NAP | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 4.7% | 10/31/2023 | SABIC | 17,500 | 4.2% | 9/30/2022 | 5/14/2021 | NAP | 5/14/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
18.00 | Loan | 21 | 1 | Herndon Square | 6.5% | 4/30/2022 | Tiger Innovations, Inc. | 15,952 | 6.1% | 11/30/2025 | 1/18/2021 | NAP | 1/15/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
19.00 | Loan | 1 | The Plaza at Williams Centre | 4.1% | 10/31/2021 | Honey Baked Ham | 3,910 | 4.0% | 10/31/2026 | 5/6/2021 | NAP | 5/6/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
20.00 | Loan | 1 | Lafayette Arms Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 6/18/2021 | NAP | 6/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | 6/22/2021 | NAP | 5/24/2021 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | NAP | NAP | NAP | NAP | NAP | NAP | 6/1/2021 | NAP | 6/1/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
23.00 | Loan | 1 | 884 Riverside Drive | NAP | NAP | NAP | NAP | NAP | NAP | 3/26/2021 | NAP | 3/5/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | ||||||||||||||||
24.01 | Property | 1 | Securlock - Casa Grande | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
24.02 | Property | 1 | Securlock - Cordova | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | 4/15/2021 | 7% | No | Fee | NAP | NAP | NAP | |
24.03 | Property | 1 | Securlock - Antioch | NAP | NAP | NAP | NAP | NAP | NAP | 4/8/2021 | NAP | 4/8/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | NAP | NAP | NAP | NAP | NAP | NAP | 9/30/2019 | NAP | 10/1/2019 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | NAP | NAP | NAP | NAP | NAP | NAP | 4/9/2021 | NAP | 5/13/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
27.00 | Loan | 1 | Interstate Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | 4/28/2021 | NAP | 4/28/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | ||||||||||||||||
28.01 | Property | 1 | 260-262 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.02 | Property | 1 | 240 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.03 | Property | 1 | 238 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.04 | Property | 1 | 242 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 2/3/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.05 | Property | 1 | 236 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.06 | Property | 1 | 244 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.08 | Property | 1 | 234 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP |
A-1-13
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date (3) | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date (3) | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
28.11 | Property | 1 | 262 West 115th Street | NAP | NAP | NAP | NAP | NAP | NAP | 2/3/2020 | NAP | 1/31/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
29.00 | Loan | 28 | 1 | Heights Marketplace | 12.1% | 1/31/2023 | Crumbl Cookies | 1,650 | 8.5% | 6/30/2026 | 2/17/2021 | NAP | 2/16/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
30.00 | Loan | 1 | TownePlace Suites The Villages | NAP | NAP | NAP | NAP | NAP | NAP | 5/5/2021 | NAP | 5/1/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
31.00 | Loan | 1 | Garver Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | 3/3/2021 | NAP | 3/4/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | NAP | NAP | NAP | NAP | NAP | NAP | 5/5/2021 | NAP | 4/1/2021 | NAP | NAP | Yes | Fee | NAP | NAP | NAP |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | |||||||||||||||||
33.01 | Property | 1 | 375 East 209th Street | NAP | NAP | NAP | NAP | NAP | NAP | 3/23/2021 | NAP | 3/23/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
33.02 | Property | 1 | 2679 Decatur Avenue | NAP | NAP | NAP | NAP | NAP | NAP | 3/24/2021 | NAP | 3/24/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
33.03 | Property | 1 | 3053 Hull Avenue | NAP | NAP | NAP | NAP | NAP | NAP | 3/23/2021 | NAP | 3/23/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
34.00 | Loan | 1 | Arizona Pavilions | 7.2% | 8/31/2025 | Starbucks | 1,516 | 6.2% | 8/31/2024 | 12/4/2020 | NAP | 12/4/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
35.00 | Loan | 30 | 1 | Boonton Industrial | NAP | NAP | NAP | NAP | NAP | NAP | 5/25/2021 | NAP | 5/25/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
36.00 | Loan | 1 | Leisure Living | NAP | NAP | NAP | NAP | NAP | NAP | 3/16/2021 | NAP | 3/16/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
37.00 | Loan | 31 | 1 | Walmart Deland | NAP | NAP | NAP | NAP | NAP | NAP | 3/26/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 3.8% | 9/30/2025 | AFAA Enterprises Inc. | 1,000 | 3.8% | 11/30/2031 | 3/11/2021 | NAP | 3/11/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
39.00 | Loan | 1 | Lost River Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | 3/17/2021 | NAP | 3/15/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
40.00 | Loan | 1 | Clara Point Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 3/8/2021 | NAP | 3/8/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | NAP | NAP | NAP | NAP | NAP | NAP | 3/12/2021 | NAP | 3/11/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
42.00 | Loan | 1 | AC Self Storage - Missouri City | NAP | NAP | NAP | NAP | NAP | NAP | 4/28/2021 | NAP | 4/28/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | NAP | NAP | NAP | NAP | NAP | NAP | 4/28/2021 | NAP | 4/28/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | NAP | NAP | NAP | NAP | NAP | NAP | 2/9/2021 | NAP | 2/9/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | NAP | NAP | NAP | NAP | NAP | NAP | 3/29/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
46.00 | Loan | 1 | Amidon Place Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 3/10/2021 | NAP | 3/16/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 7.9% | 12/31/2025 | Subway | 1,300 | 5.7% | 11/30/2026 | 3/11/2021 | NAP | 3/8/2021 | NAP | NAP | No | Leasehold | 7/31/2104 | NAP | 3/4/2557 |
48.00 | Loan | 39 | 1 | Federales Chicago | NAP | NAP | NAP | NAP | NAP | NAP | 11/1/2019 | NAP | 11/19/2019 | NAP | NAP | No | Fee | NAP | NAP | NAP |
49.00 | Loan | 1 | Shops at Valle Vista | 10.5% | 3/30/2026 | Mariner Finance | 1,442 | 10.2% | 8/31/2026 | 3/18/2021 | NAP | 3/18/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
50.00 | Loan | 1 | Villas at the Woodlands | NAP | NAP | NAP | NAP | NAP | NAP | 6/10/2021 | NAP | 6/8/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
51.00 | Loan | 1 | Turtle Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 6/3/2021 | NAP | 6/2/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | NAP | NAP | NAP | NAP | NAP | NAP | 3/24/2021 | NAP | 3/24/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | NAP | NAP | NAP | NAP | NAP | NAP | 4/2/2021 | NAP | 4/1/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 12/17/2020 | NAP | 12/17/2020 | NAP | NAP | No | Fee | NAP | NAP | NAP |
55.00 | Loan | 1 | Lord Duplin Apartments | NAP | NAP | NAP | NAP | NAP | NAP | 3/15/2021 | NAP | 3/15/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | |||||||||||||||||
56.01 | Property | 1 | City Walk MHC | NAP | NAP | NAP | NAP | NAP | NAP | 3/26/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
56.02 | Property | 1 | Oak Hill MHC | NAP | NAP | NAP | NAP | NAP | NAP | 3/26/2021 | NAP | 3/26/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | NAP | NAP | NAP | NAP | NAP | NAP | 4/23/2021 | NAP | 4/23/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP |
58.00 | Loan | 1 | 7-Eleven Tampa | NAP | NAP | NAP | NAP | NAP | NAP | 3/1/2021 | NAP | 3/1/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
59.00 | Loan | 1 | CVS Mars Hill | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2021 | NAP | 4/15/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
60.00 | Loan | 1 | 5800 Brookhollow | 13.8% | 8/14/2022 | NAP | NAP | NAP | NAP | 5/14/2021 | NAP | 5/14/2021 | NAP | NAP | No | Fee | NAP | NAP | NAP | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | NAP | NAP | NAP | NAP | NAP | NAP | 7/9/2020 | NAP | 7/10/2020 | NAP | NAP | Yes | Fee | NAP | NAP | NAP |
A-1-14
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | 234,923 | 78,308 | 0 | Springing | 0 | 9,423 | 0 | 0 | 23,558 | |
1.01 | Property | 1 | 2750 Morris Road | NAP | ||||||||||
1.02 | Property | 1 | 1180 Church Road | NAP | ||||||||||
2.00 | Loan | 1 | The Grace Building | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 56,172,399 | Springing | |
3.00 | Loan | 1 | Malibu Colony Plaza | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | 377,927 | 67,487 | 0 | Springing | 0 | 19,303 | 694,908 | 0 | 0 | ||
4.01 | Property | 1 | University Heights | NAP | ||||||||||
4.02 | Property | 1 | Ashbury Court | NAP | ||||||||||
4.03 | Property | 1 | James Court | NAP | ||||||||||
4.04 | Property | 1 | Old Orchard | NAP | ||||||||||
4.05 | Property | 1 | Ashbury East | NAP | ||||||||||
4.06 | Property | 1 | Colonial West | NAP | ||||||||||
4.07 | Property | 1 | Colonial East | NAP | ||||||||||
4.08 | Property | 1 | Cardinal Apartments | NAP | ||||||||||
5.00 | Loan | 1 | Gramercy Plaza | NAP | 119,760 | 29,940 | 0 | Springing | 0 | 4,710 | 0 | 4,000,000 | Springing | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | NAP | 81,102 | 27,034 | 42,391 | Springing | 0 | 2,832 | 0 | 750,000 | 19,062 |
7.00 | Loan | 14 | Rollins Portfolio | 0 | Springing | 0 | Springing | 0 | Springing | 69,702 | 0 | Springing | ||
7.01 | Property | 1 | Lodi | NAP | ||||||||||
7.02 | Property | 1 | Sacramento | NAP | ||||||||||
7.03 | Property | 1 | Geotech Supply | NAP | ||||||||||
7.04 | Property | 1 | Vacaville | NAP | ||||||||||
7.05 | Property | 1 | Rancho Cordova | NAP | ||||||||||
7.06 | Property | 1 | Modesto | NAP | ||||||||||
7.07 | Property | 1 | Auburn | NAP | ||||||||||
7.08 | Property | 1 | Livermore | NAP | ||||||||||
7.09 | Property | 1 | Salinas | NAP | ||||||||||
7.10 | Property | 1 | Yuba City | NAP | ||||||||||
7.11 | Property | 1 | Santa Rosa | NAP | ||||||||||
7.12 | Property | 1 | Redding | NAP | ||||||||||
7.13 | Property | 1 | Chico | NAP | ||||||||||
7.14 | Property | 1 | Sonora | NAP | ||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | NAP | 0 | 12,606 | 51,667 | 4,473 | 0 | 3,012 | 0 | 0 | 2,110 |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | 2% increases after October 2022 | 116,569 | 58,285 | 31,285 | 3,476 | 0 | 1,139 | 0 | 0 | 691 |
10.00 | Loan | 1 | The Wyatt at Northern Lights | NAP | 179,400 | 29,900 | 11,364 | 5,411 | 0 | 5,750 | 345,000 | 0 | 0 | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | NAP | 6,667 | 3,333 | 4,889 | 1,630 | 0 | 325 | 11,699 | 1,000,000 | Springing |
12.00 | Loan | 16, 17 | 1 | The Westchester | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 543,990 | 8,006,075 | Springing |
13.00 | Loan | 1 | Metro Crossing | NAP | 555,192 | 138,798 | 0 | Springing | 0 | 5,169 | 0 | 0 | 17,500 | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | 56,519 | 26,582 | 0 | Springing | 246,135 | 1,527 | 0 | 500,000 | Springing | |
14.01 | Property | 1 | Kroger - Columbus, OH | NAP | ||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | NAP | ||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | NAP | ||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | NAP | ||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | NAP | ||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | NAP | ||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | NAP | ||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | NAP | ||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | NAP | ||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NAP | ||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | NAP | ||||||||||
15.00 | Loan | 1 | Seacrest Homes | NAP | 0 | Springing | 0 | Springing | 3,667 | 3,667 | 0 | 0 | 0 | |
16.00 | Loan | 1 | Ranch Self Storage | NAP | 60,094 | 14,308 | 2,577 | 1,227 | 0 | 1,081 | 38,906 | 0 | 0 | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | NAP | 209,188 | 24,324 | 0 | Springing | 0 | 7,902 | 0 | 0 | 8,589 |
18.00 | Loan | 21 | 1 | Herndon Square | NAP | 381,296 | 58,661 | 0 | Springing | 0 | 4,392 | 197,631 | 1,000,000 | 32,938 |
19.00 | Loan | 1 | The Plaza at Williams Centre | NAP | 69,798 | 23,266 | 0 | Springing | 150,000 | 1,417 | 51,012 | 250,000 | 7,782 | |
20.00 | Loan | 1 | Lafayette Arms Apartments | NAP | 49,284 | 21,428 | 15,097 | 3,774 | 0 | 2,938 | 0 | 0 | 0 | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 | 0 | 0 | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | NAP | 28,470 | 9,490 | 31,434 | Springing | 54,000 | 1,500 | 54,000 | 0 | 0 | |
23.00 | Loan | 1 | 884 Riverside Drive | NAP | 24,807 | 24,807 | 7,808 | 1,859 | 0 | 1,000 | 0 | 0 | 0 | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | 71,964 | 17,022 | 0 | Springing | 0 | 2,276 | 81,926 | 0 | 0 | |
24.01 | Property | 1 | Securlock - Casa Grande | NAP | ||||||||||
24.02 | Property | 1 | Securlock - Cordova | NAP | ||||||||||
24.03 | Property | 1 | Securlock - Antioch | NAP | ||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | NAP | 7,387 | 1,759 | 7,563 | 7,203 | 0 | 8,544 | 0 | 0 | 0 |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | NAP | 60,968 | 15,242 | 0 | Springing | 0 | 1,155 | 27,710 | 0 | 0 |
27.00 | Loan | 1 | Interstate Self Storage | NAP | 82,367 | 13,074 | 6,202 | 2,953 | 0 | 916 | 0 | 0 | 0 | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | 47,918 | 7,986 | 47,864 | 7,977 | 0 | 2,780 | 0 | 0 | 200 | |
28.01 | Property | 1 | 260-262 West 122nd Street | NAP | ||||||||||
28.02 | Property | 1 | 240 West 122nd Street | NAP | ||||||||||
28.03 | Property | 1 | 238 West 122nd Street | NAP | ||||||||||
28.04 | Property | 1 | 242 West 122nd Street | NAP | ||||||||||
28.05 | Property | 1 | 236 West 122nd Street | NAP | ||||||||||
28.06 | Property | 1 | 244 West 122nd Street | NAP | ||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAP | ||||||||||
28.08 | Property | 1 | 234 West 122nd Street | NAP |
A-1-15
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAP | ||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAP | ||||||||||
28.11 | Property | 1 | 262 West 115th Street | NAP | ||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | NAP | 111,104 | 15,116 | 0 | Springing | 0 | 243 | 14,604 | 150,000 | 1,623 |
30.00 | Loan | 1 | TownePlace Suites The Villages | NAP | 98,780 | 10,976 | 0 | Springing | 0 | 10,736 | 0 | 0 | 0 | |
31.00 | Loan | 1 | Garver Little Rock | NAP | 0 | 6,197 | 0 | 1,292 | 0 | 595 | 0 | 0 | 3,969 | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | NAP | 73,934 | 12,322 | 81,896 | 9,100 | 0 | 4,630 | 0 | 0 | 0 |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | 19,825 | 9,441 | 16,434 | 3,130 | 0 | 844 | 0 | 0 | 0 | ||
33.01 | Property | 1 | 375 East 209th Street | NAP | ||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | NAP | ||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | NAP | ||||||||||
34.00 | Loan | 1 | Arizona Pavilions | NAP | 0 | 7,831 | 4,291 | 817 | 0 | 304 | 0 | 0 | 1,622 | |
35.00 | Loan | 30 | 1 | Boonton Industrial | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
36.00 | Loan | 1 | Leisure Living | NAP | 31,775 | 6,355 | 17,004 | 1,546 | 20,000 | 517 | 50,000 | 0 | 0 | |
37.00 | Loan | 31 | 1 | Walmart Deland | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | NAP | 0 | 6,114 | 6,119 | 1,457 | 0 | 604 | 0 | 75,000 | 348 |
39.00 | Loan | 1 | Lost River Self Storage | NAP | 18,179 | 2,473 | 5,088 | 1,212 | 0 | 869 | 0 | 0 | 0 | |
40.00 | Loan | 1 | Clara Point Apartments | NAP | 4,793 | 1,521 | 7,194 | 2,284 | 100,000 | 1,167 | 0 | 0 | 0 | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | NAP | 28,761 | 4,109 | 4,188 | 2,094 | 0 | 0 | 0 | 0 | 0 |
42.00 | Loan | 1 | AC Self Storage - Missouri City | NAP | 46,188 | 7,698 | 0 | Springing | 0 | 690 | 24,829 | 0 | 0 | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | NAP | 62,574 | 10,429 | 0 | Springing | 0 | 1,065 | 38,351 | 0 | 0 | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | NAP | 0 | Springing | 110 | Springing | 0 | Springing | 0 | 0 | Springing |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | NAP | 0 | Springing | 1,775 | 592 | 0 | Springing | 0 | 0 | Springing |
46.00 | Loan | 1 | Amidon Place Apartments | NAP | 5,754 | 5,480 | 7,396 | 3,522 | 60,500 | 3,750 | 0 | 0 | 0 | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 10% every 10 years through 2075 followed by 10% increases in either 5 or 10-year increments starting in 2075 through lease expiration in 2104 | 7,751 | 2,461 | 1,083 | 344 | 0 | 381 | 0 | 0 | 1,903 |
48.00 | Loan | 39 | 1 | Federales Chicago | NAP | 30,099 | 4,300 | 34,893 | 4,362 | 0 | 112 | 0 | 0 | 586 |
49.00 | Loan | 1 | Shops at Valle Vista | NAP | 22,205 | 4,230 | 1,315 | 626 | 0 | 176 | 10,585 | 0 | 1,329 | |
50.00 | Loan | 1 | Villas at the Woodlands | NAP | 32,065 | 6,108 | 16,708 | 1,768 | 0 | 1,333 | 0 | 0 | 0 | |
51.00 | Loan | 1 | Turtle Creek Apartments | NAP | 12,171 | 3,381 | 8,582 | 3,301 | 0 | 2,774 | 0 | 0 | 0 | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | NAP | 0 | 0 | 1,810 | 603 | 0 | 296 | 0 | 0 | 1,479 |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | NAP | 0 | Springing | 341 | Springing | 0 | Springing | 0 | 0 | 0 |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | NAP | 7,987 | 3,994 | 26,809 | 2,234 | 0 | 1,958 | 0 | 0 | 0 |
55.00 | Loan | 1 | Lord Duplin Apartments | NAP | 21,281 | 3,378 | 4,706 | 2,241 | 0 | 1,708 | 0 | 0 | 0 | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | 10,327 | 1,405 | 638 | 304 | 0 | 484 | 0 | 0 | 0 | ||
56.01 | Property | 1 | City Walk MHC | NAP | ||||||||||
56.02 | Property | 1 | Oak Hill MHC | NAP | ||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | NAP | 13,101 | 3,119 | 622 | 593 | 0 | 341 | 0 | 100,000 | 1,703 |
58.00 | Loan | 1 | 7-Eleven Tampa | NAP | 0 | Springing | 669 | 334 | 0 | Springing | 0 | 0 | Springing | |
59.00 | Loan | 1 | CVS Mars Hill | NAP | 0 | Springing | 1,002 | Springing | 0 | Springing | 0 | 0 | 0 | |
60.00 | Loan | 1 | 5800 Brookhollow | NAP | 46,116 | 5,362 | 0 | Springing | 0 | 1,123 | 0 | 0 | 1,872 | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | NAP | 4,000 | 333 | 0 | Springing | 0 | 0 | 0 | 0 | 0 |
A-1-16
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | 0 | 0 | 0 | 0 | 0 | 4,784,601 | 0 | Upfront Leasing Reserve ($4,000,000); Rent Concession Reserve (784,600.86) | 0 | 0 |
1.01 | Property | 1 | 2750 Morris Road | |||||||||||
1.02 | Property | 1 | 1180 Church Road | |||||||||||
2.00 | Loan | 1 | The Grace Building | 0 | 0 | 0 | 0 | 0 | 33,543,750 | 0 | Free Rent Reserve ($25,964,570); Parking Rent Shortfall Reserve ($1,608,940); Lobby/Elevator Work Reserve ($5,970,240) | 0 | 0 | |
3.00 | Loan | 1 | Malibu Colony Plaza | 285,925 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | 0 | 0 | 0 | 0 | 44,500 | 5,000 | 0 | Radon Reserve | 0 | 0 | |
4.01 | Property | 1 | University Heights | |||||||||||
4.02 | Property | 1 | Ashbury Court | |||||||||||
4.03 | Property | 1 | James Court | |||||||||||
4.04 | Property | 1 | Old Orchard | |||||||||||
4.05 | Property | 1 | Ashbury East | |||||||||||
4.06 | Property | 1 | Colonial West | |||||||||||
4.07 | Property | 1 | Colonial East | |||||||||||
4.08 | Property | 1 | Cardinal Apartments | |||||||||||
5.00 | Loan | 1 | Gramercy Plaza | 0 | 0 | 0 | 0 | 0 | 845,279 | 0 | Rent Concession Reserve ($740,024); Existing TI/LC Reserve ($105,255) | 0 | 0 | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | $1,500,000, but reduces to $1,000,000 effective 1/1/2026 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
7.00 | Loan | 14 | Rollins Portfolio | 261,383 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | NAP | |
7.01 | Property | 1 | Lodi | |||||||||||
7.02 | Property | 1 | Sacramento | |||||||||||
7.03 | Property | 1 | Geotech Supply | |||||||||||
7.04 | Property | 1 | Vacaville | |||||||||||
7.05 | Property | 1 | Rancho Cordova | |||||||||||
7.06 | Property | 1 | Modesto | |||||||||||
7.07 | Property | 1 | Auburn | |||||||||||
7.08 | Property | 1 | Livermore | |||||||||||
7.09 | Property | 1 | Salinas | |||||||||||
7.10 | Property | 1 | Yuba City | |||||||||||
7.11 | Property | 1 | Santa Rosa | |||||||||||
7.12 | Property | 1 | Redding | |||||||||||
7.13 | Property | 1 | Chico | |||||||||||
7.14 | Property | 1 | Sonora | |||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | 0 | 0 | Springing | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | 0 | 0 | 0 | 0 | 0 | 380,823 | 12,542 | Ground Reserve (Upfront: $12,500.00; Monthly: $12,541.67), Outstanding Leases Obligation Reserve (Upfront: $368,323.00) | 0 | 3,550,778 |
10.00 | Loan | 1 | The Wyatt at Northern Lights | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | 38,917 | 0 | 0 | 0 | 0 | 1,347,205 | 0 | Free Rent Reserve | 0 | 2,750,000 |
12.00 | Loan | 16, 17 | 1 | The Westchester | 2,322,930 | 0 | 0 | 0 | 0 | 0 | Springing | NM Reserve Fund | 7,159,800 | 0 |
13.00 | Loan | 1 | Metro Crossing | 630,000 | 0 | 0 | 0 | 88,750 | 0 | 0 | NAP | 0 | 0 | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | 0 | 0 | 0 | 0 | 44,043 | 156,966 | 0 | Giant Eagle Rent Reserve | 0 | 0 |
14.01 | Property | 1 | Kroger - Columbus, OH | |||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | |||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | |||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | |||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | |||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | |||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | |||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | |||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | |||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | |||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | |||||||||||
15.00 | Loan | 1 | Seacrest Homes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
16.00 | Loan | 1 | Ranch Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
18.00 | Loan | 21 | 1 | Herndon Square | 1,600,000 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
19.00 | Loan | 1 | The Plaza at Williams Centre | 400,000 | 0 | 0 | 0 | 0 | 152,912 | 0 | Existing TI/LC Reserve Funds | 0 | 0 | |
20.00 | Loan | 1 | Lafayette Arms Apartments | 0 | 0 | 0 | 0 | 64,914 | 0 | 0 | NAP | 0 | 0 | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Extraordinary Lease Payments Reserve | 0 | 0 | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | 0 | 0 | 0 | 0 | 0 | 15,237 | 0 | Condominium Common Charges Reserve | 0 | 0 | |
23.00 | Loan | 1 | 884 Riverside Drive | 0 | 0 | 0 | 0 | 257,497 | 0 | 0 | NAP | 0 | 0 | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Springing Cash Trap Reserve | 0 | 0 |
24.01 | Property | 1 | Securlock - Casa Grande | |||||||||||
24.02 | Property | 1 | Securlock - Cordova | |||||||||||
24.03 | Property | 1 | Securlock - Antioch | |||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
27.00 | Loan | 1 | Interstate Self Storage | 0 | 0 | 0 | 0 | 108,906 | 0 | 0 | NAP | 0 | 0 | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | 0 | 0 | 0 | 0 | 46,170 | 0 | 0 | NAP | 0 | 0 |
28.01 | Property | 1 | 260-262 West 122nd Street | |||||||||||
28.02 | Property | 1 | 240 West 122nd Street | |||||||||||
28.03 | Property | 1 | 238 West 122nd Street | |||||||||||
28.04 | Property | 1 | 242 West 122nd Street | |||||||||||
28.05 | Property | 1 | 236 West 122nd Street | |||||||||||
28.06 | Property | 1 | 244 West 122nd Street | |||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | |||||||||||
28.08 | Property | 1 | 234 West 122nd Street |
A-1-17
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | |||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | |||||||||||
28.11 | Property | 1 | 262 West 115th Street | |||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | 175,000 | 0 | 0 | 0 | 0 | 62,906 | 0 | Crumbl Free Rent ($14,437.5), Crumbl TI/LC Reserve ($48,468.75) | 0 | 0 |
30.00 | Loan | 1 | TownePlace Suites The Villages | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
31.00 | Loan | 1 | Garver Little Rock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | 0 | 240,000 | 0 | 0 | 0 | 0 | Springing | PIP Reserve, Seasonality Reserve | $0.00, $200,000 | 0 |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | 0 | 0 | 0 | 0 | 13,125 | 0 | 0 | NAP | 0 | 0 | |
33.01 | Property | 1 | 375 East 209th Street | |||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | |||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | |||||||||||
34.00 | Loan | 1 | Arizona Pavilions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
35.00 | Loan | 30 | 1 | Boonton Industrial | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
36.00 | Loan | 1 | Leisure Living | 0 | 0 | 0 | 0 | 16,125 | 0 | 0 | NAP | 0 | 0 | |
37.00 | Loan | 31 | 1 | Walmart Deland | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | 75,000 | 0 | 0 | 0 | 1,125 | 35,400 | 0 | Rent Reserve | 0 | 0 |
39.00 | Loan | 1 | Lost River Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
40.00 | Loan | 1 | Clara Point Apartments | 0 | 0 | 0 | 0 | 11,125 | 0 | 0 | NAP | 0 | 0 | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Vacant Parcel Debt Yield Reserve | 0 | 0 |
42.00 | Loan | 1 | AC Self Storage - Missouri City | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
46.00 | Loan | 1 | Amidon Place Apartments | 0 | 0 | 0 | 0 | 20,688 | 0 | 0 | NAP | 0 | 0 | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | 0 | 0 | 0 | 0 | 1,875 | 0 | Springing | Ground Rent Reserve | 0 | 0 |
48.00 | Loan | 39 | 1 | Federales Chicago | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
49.00 | Loan | 1 | Shops at Valle Vista | 79,754 | 0 | 0 | 0 | 3,750 | 0 | 0 | NAP | 0 | 0 | |
50.00 | Loan | 1 | Villas at the Woodlands | 0 | 0 | 0 | 0 | 23,750 | 0 | 0 | NAP | 0 | 0 | |
51.00 | Loan | 1 | Turtle Creek Apartments | 0 | 0 | 0 | 0 | 51,313 | 8,750 | 0 | Randon Reserve | 0 | 0 | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | 0 | 0 | 0 | 0 | 3,410 | 0 | 0 | NAP | 0 | 0 |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | 0 | 100,000 | 0 | 0 | 1,250 | 0 | 0 | NAP | 0 | 0 |
55.00 | Loan | 1 | Lord Duplin Apartments | 0 | 0 | 0 | 0 | 10,494 | 0 | 0 | NAP | 0 | 0 | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | 0 | 0 | 0 | 0 | 91,875 | 0 | 0 | NAP | 0 | 0 | |
56.01 | Property | 1 | City Walk MHC | |||||||||||
56.02 | Property | 1 | Oak Hill MHC | |||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | 0 | 0 | 0 | 0 | 0 | 28,809 | 0 | Free Rent Reserve | 0 | 0 |
58.00 | Loan | 1 | 7-Eleven Tampa | 0 | 0 | 0 | 0 | 0 | 9,100 | 0 | Plymouth St Reserve | 0 | 0 | |
59.00 | Loan | 1 | CVS Mars Hill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 | |
60.00 | Loan | 1 | 5800 Brookhollow | 0 | 0 | 0 | 0 | 29,375 | 0 | 0 | NAP | 0 | 0 | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | 0 |
A-1-18
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Description | Lockbox Type |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | NAP | Hard |
1.01 | Property | 1 | 2750 Morris Road | |||
1.02 | Property | 1 | 1180 Church Road | |||
2.00 | Loan | 1 | The Grace Building | NAP | Hard | |
3.00 | Loan | 1 | Malibu Colony Plaza | NAP | Springing | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | NAP | Springing | |
4.01 | Property | 1 | University Heights | |||
4.02 | Property | 1 | Ashbury Court | |||
4.03 | Property | 1 | James Court | |||
4.04 | Property | 1 | Old Orchard | |||
4.05 | Property | 1 | Ashbury East | |||
4.06 | Property | 1 | Colonial West | |||
4.07 | Property | 1 | Colonial East | |||
4.08 | Property | 1 | Cardinal Apartments | |||
5.00 | Loan | 1 | Gramercy Plaza | NAP | Soft | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | NAP | Hard |
7.00 | Loan | 14 | Rollins Portfolio | NAP | Hard | |
7.01 | Property | 1 | Lodi | |||
7.02 | Property | 1 | Sacramento | |||
7.03 | Property | 1 | Geotech Supply | |||
7.04 | Property | 1 | Vacaville | |||
7.05 | Property | 1 | Rancho Cordova | |||
7.06 | Property | 1 | Modesto | |||
7.07 | Property | 1 | Auburn | |||
7.08 | Property | 1 | Livermore | |||
7.09 | Property | 1 | Salinas | |||
7.10 | Property | 1 | Yuba City | |||
7.11 | Property | 1 | Santa Rosa | |||
7.12 | Property | 1 | Redding | |||
7.13 | Property | 1 | Chico | |||
7.14 | Property | 1 | Sonora | |||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | NAP | Springing |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | The earnout reserve will be released (a) provided no event of default is continuing, (b) no sweep exists, (c) upon each of the 3 commercial retail tenants being in occupancy, open for business and paying unabated base rent (the “earnout conditions”), as evidence by individual tenant estoppels and (d) to the extent that an NCF DY of 7.00% is achieved (DY being calculated by eliminating any funds remaining in the earnout reserve from the OPB of the Loan). | Springing |
10.00 | Loan | 1 | The Wyatt at Northern Lights | NAP | Springing | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | Lender shall, or shall direct Servicer to, deposit Five Iron Golf Earnout Funds into the Cash Management Account to be applied in accordance with section 6.12.1 of the Loan Agreement provided (a) no Event of Default (b) Lender shall have approved final form of the Five Iron Lease, (c) Borrower has delivered to Lender all required certificates of occupancy, (d) the Debt Yield after giving effect to the Five Iron Lease is not less than 7.0%, and (e) a Five Iron Opening Event has occured. In the event that a Five Iron Golf Opening Event has not occured on or prior to July 1, 2024, Lender shall apply the Five Iron Golf Earnout Funds to the Outstanding Principal Balance of the Loan, together with the Yield Maintenance Premium. | Hard |
12.00 | Loan | 16, 17 | 1 | The Westchester | NAP | Hard |
13.00 | Loan | 1 | Metro Crossing | NAP | Springing | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | NAP | Hard |
14.01 | Property | 1 | Kroger - Columbus, OH | |||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | |||
14.03 | Property | 1 | Walgreens - Cordova, TN | |||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | |||
14.05 | Property | 1 | BB&T - Lancaster, PA | |||
14.06 | Property | 1 | Dollar General - Delhi, CA | |||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | |||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | |||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | |||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | |||
14.11 | Property | 1 | Dollar General - Lubbock, TX | |||
15.00 | Loan | 1 | Seacrest Homes | NAP | Springing | |
16.00 | Loan | 1 | Ranch Self Storage | NAP | Springing | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | NAP | Springing |
18.00 | Loan | 21 | 1 | Herndon Square | NAP | Springing |
19.00 | Loan | 1 | The Plaza at Williams Centre | NAP | Springing | |
20.00 | Loan | 1 | Lafayette Arms Apartments | NAP | Springing | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | NAP | Springing | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | NAP | Springing | |
23.00 | Loan | 1 | 884 Riverside Drive | NAP | Springing | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | NAP | Springing |
24.01 | Property | 1 | Securlock - Casa Grande | |||
24.02 | Property | 1 | Securlock - Cordova | |||
24.03 | Property | 1 | Securlock - Antioch | |||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | NAP | Springing |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | NAP | Springing |
27.00 | Loan | 1 | Interstate Self Storage | NAP | Springing | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | NAP | Soft |
28.01 | Property | 1 | 260-262 West 122nd Street | |||
28.02 | Property | 1 | 240 West 122nd Street | |||
28.03 | Property | 1 | 238 West 122nd Street | |||
28.04 | Property | 1 | 242 West 122nd Street | |||
28.05 | Property | 1 | 236 West 122nd Street | |||
28.06 | Property | 1 | 244 West 122nd Street | |||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | |||
28.08 | Property | 1 | 234 West 122nd Street |
A-1-19
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Description | Lockbox Type |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | |||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | |||
28.11 | Property | 1 | 262 West 115th Street | |||
29.00 | Loan | 28 | 1 | Heights Marketplace | NAP | Springing |
30.00 | Loan | 1 | TownePlace Suites The Villages | NAP | Springing | |
31.00 | Loan | 1 | Garver Little Rock | NAP | Hard | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | NAP | Hard |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | NAP | Springing | |
33.01 | Property | 1 | 375 East 209th Street | |||
33.02 | Property | 1 | 2679 Decatur Avenue | |||
33.03 | Property | 1 | 3053 Hull Avenue | |||
34.00 | Loan | 1 | Arizona Pavilions | NAP | Springing | |
35.00 | Loan | 30 | 1 | Boonton Industrial | NAP | Springing |
36.00 | Loan | 1 | Leisure Living | NAP | Springing | |
37.00 | Loan | 31 | 1 | Walmart Deland | NAP | Hard |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | NAP | Springing |
39.00 | Loan | 1 | Lost River Self Storage | NAP | Springing | |
40.00 | Loan | 1 | Clara Point Apartments | NAP | Springing | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | NAP | Hard |
42.00 | Loan | 1 | AC Self Storage - Missouri City | NAP | Springing | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | NAP | Springing | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | NAP | Springing |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | NAP | Hard |
46.00 | Loan | 1 | Amidon Place Apartments | NAP | Springing | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | NAP | Springing |
48.00 | Loan | 39 | 1 | Federales Chicago | NAP | Hard |
49.00 | Loan | 1 | Shops at Valle Vista | NAP | Hard | |
50.00 | Loan | 1 | Villas at the Woodlands | NAP | Springing | |
51.00 | Loan | 1 | Turtle Creek Apartments | NAP | Springing | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | NAP | Springing |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | NAP | Springing |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | NAP | Springing |
55.00 | Loan | 1 | Lord Duplin Apartments | NAP | Springing | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | NAP | Springing | |
56.01 | Property | 1 | City Walk MHC | |||
56.02 | Property | 1 | Oak Hill MHC | |||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | NAP | Springing |
58.00 | Loan | 1 | 7-Eleven Tampa | NAP | Springing | |
59.00 | Loan | 1 | CVS Mars Hill | NAP | Springing | |
60.00 | Loan | 1 | 5800 Brookhollow | NAP | Springing | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | NAP | Hard |
A-1-20
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | In Place | Yes | Yes | Yes | Yes | 65,000,000 | 10,000,000 | 27,290.51 | 204,678.82 | NAP | NAP | NAP | NAP | NAP |
1.01 | Property | 1 | 2750 Morris Road | |||||||||||||||
1.02 | Property | 1 | 1180 Church Road | |||||||||||||||
2.00 | Loan | 1 | The Grace Building | Springing | Yes | No | Yes | No | 50,000,000 | 833,000,000 | 1,894,721.17 | 2,008,449.93 | 367,000,000 | 2.69210% | 1,250,000,000 | 2,843,219.04 | 58.1% | |
3.00 | Loan | 1 | Malibu Colony Plaza | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
4.01 | Property | 1 | University Heights | |||||||||||||||
4.02 | Property | 1 | Ashbury Court | |||||||||||||||
4.03 | Property | 1 | James Court | |||||||||||||||
4.04 | Property | 1 | Old Orchard | |||||||||||||||
4.05 | Property | 1 | Ashbury East | |||||||||||||||
4.06 | Property | 1 | Colonial West | |||||||||||||||
4.07 | Property | 1 | Colonial East | |||||||||||||||
4.08 | Property | 1 | Cardinal Apartments | |||||||||||||||
5.00 | Loan | 1 | Gramercy Plaza | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7.00 | Loan | 14 | Rollins Portfolio | Springing | Yes | Yes | Yes | Yes | 24,400,000 | 15,000,000 | 40,675.95 | 106,842.17 | NAP | NAP | NAP | NAP | NAP | |
7.01 | Property | 1 | Lodi | |||||||||||||||
7.02 | Property | 1 | Sacramento | |||||||||||||||
7.03 | Property | 1 | Geotech Supply | |||||||||||||||
7.04 | Property | 1 | Vacaville | |||||||||||||||
7.05 | Property | 1 | Rancho Cordova | |||||||||||||||
7.06 | Property | 1 | Modesto | |||||||||||||||
7.07 | Property | 1 | Auburn | |||||||||||||||
7.08 | Property | 1 | Livermore | |||||||||||||||
7.09 | Property | 1 | Salinas | |||||||||||||||
7.10 | Property | 1 | Yuba City | |||||||||||||||
7.11 | Property | 1 | Santa Rosa | |||||||||||||||
7.12 | Property | 1 | Redding | |||||||||||||||
7.13 | Property | 1 | Chico | |||||||||||||||
7.14 | Property | 1 | Sonora | |||||||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10.00 | Loan | 1 | The Wyatt at Northern Lights | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.00 | Loan | 16, 17 | 1 | The Westchester | Springing | Yes | No | Yes | No | 20,000,000 | 323,000,000 | 886,941.55 | 941,860.53 | 57,000,000 | 0 | 400,000,000 | 1,098,380 | 1 |
13.00 | Loan | 1 | Metro Crossing | Springing | Yes | Yes | Yes | Yes | 20,000,000 | 14,450,000 | 63,747.00 | 151,978.15 | NAP | NAP | NAP | NAP | NAP | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14.01 | Property | 1 | Kroger - Columbus, OH | |||||||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | |||||||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | |||||||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | |||||||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | |||||||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | |||||||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | |||||||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | |||||||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | |||||||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | |||||||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | |||||||||||||||
15.00 | Loan | 1 | Seacrest Homes | Springing | No | No | Yes | No | 18,000,000 | 30,000,000 | 98,600.69 | 157,761.11 | NAP | NAP | NAP | NAP | NAP | |
16.00 | Loan | 1 | Ranch Self Storage | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18.00 | Loan | 21 | 1 | Herndon Square | Springing | Yes | Yes | Yes | No | 14,936,855 | 15,434,751 | 74,178.20 | 145,963.56 | NAP | NAP | NAP | NAP | NAP |
19.00 | Loan | 1 | The Plaza at Williams Centre | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
20.00 | Loan | 1 | Lafayette Arms Apartments | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
23.00 | Loan | 1 | 884 Riverside Drive | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24.01 | Property | 1 | Securlock - Casa Grande | |||||||||||||||
24.02 | Property | 1 | Securlock - Cordova | |||||||||||||||
24.03 | Property | 1 | Securlock - Antioch | |||||||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27.00 | Loan | 1 | Interstate Self Storage | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | Springing | Yes | No | Yes | No | 8,000,000 | 15,000,000 | 49,427.08 | 75,788.19 | NAP | NAP | NAP | NAP | NAP |
28.01 | Property | 1 | 260-262 West 122nd Street | |||||||||||||||
28.02 | Property | 1 | 240 West 122nd Street | |||||||||||||||
28.03 | Property | 1 | 238 West 122nd Street | |||||||||||||||
28.04 | Property | 1 | 242 West 122nd Street | |||||||||||||||
28.05 | Property | 1 | 236 West 122nd Street | |||||||||||||||
28.06 | Property | 1 | 244 West 122nd Street | |||||||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | |||||||||||||||
28.08 | Property | 1 | 234 West 122nd Street |
A-1-21
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | |||||||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | |||||||||||||||
28.11 | Property | 1 | 262 West 115th Street | |||||||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | Springing | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30.00 | Loan | 1 | TownePlace Suites The Villages | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
31.00 | Loan | 1 | Garver Little Rock | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | In Place | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
33.01 | Property | 1 | 375 East 209th Street | |||||||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | |||||||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | |||||||||||||||
34.00 | Loan | 1 | Arizona Pavilions | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
35.00 | Loan | 30 | 1 | Boonton Industrial | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36.00 | Loan | 1 | Leisure Living | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
37.00 | Loan | 31 | 1 | Walmart Deland | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39.00 | Loan | 1 | Lost River Self Storage | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
40.00 | Loan | 1 | Clara Point Apartments | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42.00 | Loan | 1 | AC Self Storage - Missouri City | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
46.00 | Loan | 1 | Amidon Place Apartments | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
48.00 | Loan | 39 | 1 | Federales Chicago | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
49.00 | Loan | 1 | Shops at Valle Vista | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
50.00 | Loan | 1 | Villas at the Woodlands | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
51.00 | Loan | 1 | Turtle Creek Apartments | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
55.00 | Loan | 1 | Lord Duplin Apartments | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
56.01 | Property | 1 | City Walk MHC | |||||||||||||||
56.02 | Property | 1 | Oak Hill MHC | |||||||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
58.00 | Loan | 1 | 7-Eleven Tampa | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
59.00 | Loan | 1 | CVS Mars Hill | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
60.00 | Loan | 1 | 5800 Brookhollow | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | In Place | No | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-22
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | NAP | NAP | 10,000,000 | 10.00000% | 85,000,000 | 289,169.56 | 65.5% | 1.92 | 8.3% | No | NAP |
1.01 | Property | 1 | 2750 Morris Road | ||||||||||||
1.02 | Property | 1 | 1180 Church Road | ||||||||||||
2.00 | Loan | 1 | The Grace Building | 3.00 | 8.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine | |
3.00 | Loan | 1 | Malibu Colony Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
4.01 | Property | 1 | University Heights | ||||||||||||
4.02 | Property | 1 | Ashbury Court | ||||||||||||
4.03 | Property | 1 | James Court | ||||||||||||
4.04 | Property | 1 | Old Orchard | ||||||||||||
4.05 | Property | 1 | Ashbury East | ||||||||||||
4.06 | Property | 1 | Colonial West | ||||||||||||
4.07 | Property | 1 | Colonial East | ||||||||||||
4.08 | Property | 1 | Cardinal Apartments | ||||||||||||
5.00 | Loan | 1 | Gramercy Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
7.00 | Loan | 14 | Rollins Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
7.01 | Property | 1 | Lodi | ||||||||||||
7.02 | Property | 1 | Sacramento | ||||||||||||
7.03 | Property | 1 | Geotech Supply | ||||||||||||
7.04 | Property | 1 | Vacaville | ||||||||||||
7.05 | Property | 1 | Rancho Cordova | ||||||||||||
7.06 | Property | 1 | Modesto | ||||||||||||
7.07 | Property | 1 | Auburn | ||||||||||||
7.08 | Property | 1 | Livermore | ||||||||||||
7.09 | Property | 1 | Salinas | ||||||||||||
7.10 | Property | 1 | Yuba City | ||||||||||||
7.11 | Property | 1 | Santa Rosa | ||||||||||||
7.12 | Property | 1 | Redding | ||||||||||||
7.13 | Property | 1 | Chico | ||||||||||||
7.14 | Property | 1 | Sonora | ||||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
10.00 | Loan | 1 | The Wyatt at Northern Lights | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
12.00 | Loan | 16, 17 | 1 | The Westchester | 3 | 0 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
13.00 | Loan | 1 | Metro Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
14.01 | Property | 1 | Kroger - Columbus, OH | ||||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | ||||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | ||||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | ||||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | ||||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | ||||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | ||||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | ||||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | ||||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | ||||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | ||||||||||||
15.00 | Loan | 1 | Seacrest Homes | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
16.00 | Loan | 1 | Ranch Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
18.00 | Loan | 21 | 1 | Herndon Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
19.00 | Loan | 1 | The Plaza at Williams Centre | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
20.00 | Loan | 1 | Lafayette Arms Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
23.00 | Loan | 1 | 884 Riverside Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
24.01 | Property | 1 | Securlock - Casa Grande | ||||||||||||
24.02 | Property | 1 | Securlock - Cordova | ||||||||||||
24.03 | Property | 1 | Securlock - Antioch | ||||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
27.00 | Loan | 1 | Interstate Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28.01 | Property | 1 | 260-262 West 122nd Street | ||||||||||||
28.02 | Property | 1 | 240 West 122nd Street | ||||||||||||
28.03 | Property | 1 | 238 West 122nd Street | ||||||||||||
28.04 | Property | 1 | 242 West 122nd Street | ||||||||||||
28.05 | Property | 1 | 236 West 122nd Street | ||||||||||||
28.06 | Property | 1 | 244 West 122nd Street | ||||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | ||||||||||||
28.08 | Property | 1 | 234 West 122nd Street |
A-1-23
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | ||||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | ||||||||||||
28.11 | Property | 1 | 262 West 115th Street | ||||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
30.00 | Loan | 1 | TownePlace Suites The Villages | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
31.00 | Loan | 1 | Garver Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
33.01 | Property | 1 | 375 East 209th Street | ||||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | ||||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | ||||||||||||
34.00 | Loan | 1 | Arizona Pavilions | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
35.00 | Loan | 30 | 1 | Boonton Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
36.00 | Loan | 1 | Leisure Living | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
37.00 | Loan | 31 | 1 | Walmart Deland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
39.00 | Loan | 1 | Lost River Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
40.00 | Loan | 1 | Clara Point Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
42.00 | Loan | 1 | AC Self Storage - Missouri City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
46.00 | Loan | 1 | Amidon Place Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
48.00 | Loan | 39 | 1 | Federales Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
49.00 | Loan | 1 | Shops at Valle Vista | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
50.00 | Loan | 1 | Villas at the Woodlands | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
51.00 | Loan | 1 | Turtle Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
55.00 | Loan | 1 | Lord Duplin Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
56.01 | Property | 1 | City Walk MHC | ||||||||||||
56.02 | Property | 1 | Oak Hill MHC | ||||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
58.00 | Loan | 1 | 7-Eleven Tampa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
59.00 | Loan | 1 | CVS Mars Hill | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
60.00 | Loan | 1 | 5800 Brookhollow | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Mezzanine |
A-1-24
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor | Non-Recourse Carveout Guarantor | Delaware
Statutory Trust (Y/N) |
Tenants-in-common
(Y/N) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | Zachary Moore and Anthony Grelli, Jr. | Zachary Moore and Anthony Grelli, Jr. | No | No |
1.01 | Property | 1 | 2750 Morris Road | |||||
1.02 | Property | 1 | 1180 Church Road | |||||
2.00 | Loan | 1 | The Grace Building | Brookfield Office Properties, Inc. | BOP NYC OP LLC and Swig Investment Company, LLC | No | No | |
3.00 | Loan | 1 | Malibu Colony Plaza | KW Partnership, L.P. and KW Two Partnership, L.P. | KW Partnership, L.P. and KW Two Partnership, L.P. | No | No | |
4.00 | Loan | 8 | Mason Multifamily Portfolio | James C. Mason and Linda R. Mason | James C. Mason and Linda R. Mason | No | No | |
4.01 | Property | 1 | University Heights | |||||
4.02 | Property | 1 | Ashbury Court | |||||
4.03 | Property | 1 | James Court | |||||
4.04 | Property | 1 | Old Orchard | |||||
4.05 | Property | 1 | Ashbury East | |||||
4.06 | Property | 1 | Colonial West | |||||
4.07 | Property | 1 | Colonial East | |||||
4.08 | Property | 1 | Cardinal Apartments | |||||
5.00 | Loan | 1 | Gramercy Plaza | Jeffrey Pori | Jeffrey Pori | Yes | No | |
6.00 | Loan | 5 | 1 | Bell Towne Centre | Nexus Development Corporation/Central Division | Curtis R. Olson | No | No |
7.00 | Loan | 14 | Rollins Portfolio | New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation | New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation | No | No | |
7.01 | Property | 1 | Lodi | |||||
7.02 | Property | 1 | Sacramento | |||||
7.03 | Property | 1 | Geotech Supply | |||||
7.04 | Property | 1 | Vacaville | |||||
7.05 | Property | 1 | Rancho Cordova | |||||
7.06 | Property | 1 | Modesto | |||||
7.07 | Property | 1 | Auburn | |||||
7.08 | Property | 1 | Livermore | |||||
7.09 | Property | 1 | Salinas | |||||
7.10 | Property | 1 | Yuba City | |||||
7.11 | Property | 1 | Santa Rosa | |||||
7.12 | Property | 1 | Redding | |||||
7.13 | Property | 1 | Chico | |||||
7.14 | Property | 1 | Sonora | |||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | Gregory M. Geis | Gregory M. Geis | No | No |
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | Ayush Kapahi and Michael Froning | Ayush Kapahi and Michael Froning | No | No |
10.00 | Loan | 1 | The Wyatt at Northern Lights | Tim Edwards, Wesley D. Hill and Darrin N. Jones | Tim Edwards, Wesley D. Hill and Darrin N. Jones | No | Yes | |
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | Gary Feldman and Zhidong Wu | Gary Feldman and Zhidong Wu | No | No |
12.00 | Loan | 16, 17 | 1 | The Westchester | Simon Property Group, L.P. and Institutional Mall Investors LLC | Simon Property Group, L.P. | No | No |
13.00 | Loan | 1 | Metro Crossing | Jahan Moslehi and Andy Chien | B33 RE Partners Investments II LLC | No | No | |
14.00 | Loan | 18 | 11 | ExchangeRight 47 | David Fisher, Joshua Ungerecht, and Warren Thomas | David Fisher, Joshua Ungerecht, and Warren Thomas | Yes | No |
14.01 | Property | 1 | Kroger - Columbus, OH | |||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | |||||
14.03 | Property | 1 | Walgreens - Cordova, TN | |||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | |||||
14.05 | Property | 1 | BB&T - Lancaster, PA | |||||
14.06 | Property | 1 | Dollar General - Delhi, CA | |||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | |||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | |||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | |||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | |||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | |||||
15.00 | Loan | 1 | Seacrest Homes | Laisin Leung | Laisin Leung | No | No | |
16.00 | Loan | 1 | Ranch Self Storage | Daniel L. Stephenson and The Daniel L. Stephenson Family Trust | Daniel L. Stephenson and The Daniel L. Stephenson Family Trust | No | No | |
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | Jeffrey J. Feil | Jeffrey J. Feil | No | No |
18.00 | Loan | 21 | 1 | Herndon Square | BRIT Limited Partnership | BRIT Limited Partnership | No | No |
19.00 | Loan | 1 | The Plaza at Williams Centre | George C. Larsen and Margaret Larsen | George C. Larsen and Margaret Larsen, as Trustees of the George and Margaret Larsen Exempt Trust U/A/D July 11, 2003 and DSB Holdings, L.L.C. | No | No | |
20.00 | Loan | 1 | Lafayette Arms Apartments | Abraham Deutsch | Abraham Deutsch | No | No | |
21.00 | Loan | 1 | 231 Hudson Leased Fee | Vincent J. Ponte | Vincent J. Ponte | No | No | |
22.00 | Loan | 1 | The Woodlands of Charlottesville | Tripp Stewart and Aharon Laufer | Tripp Stewart and Aharon Laufer | No | No | |
23.00 | Loan | 1 | 884 Riverside Drive | Eliezer M. Sternhell, A.K.A. Lazer Sternhell | Eliezer M. Sternhell, A.K.A. Lazer Sternhell | No | Yes | |
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | Steven Houghton Sr. | Steven Houghton Sr. | No | No |
24.01 | Property | 1 | Securlock - Casa Grande | |||||
24.02 | Property | 1 | Securlock - Cordova | |||||
24.03 | Property | 1 | Securlock - Antioch | |||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | Kishorbhai S. Patel, Jayesh V. Patel and Vedant Vasanji | Kishorbhai S. Patel, Jayesh V. Patel and Vedant Vasanji | No | No |
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | James L. Ledwith | James L. Ledwith and the James L. Ledwith and Cathleen C. Gellepis Revocable Trust Dated April 26,2007, as Amended and Restated in 2012 and 2015, and as Amended in 2019 | No | No |
27.00 | Loan | 1 | Interstate Self Storage | Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax | Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax | No | Yes | |
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | Bennat Berger and Andrew Miller | Bennat Berger and Andrew Miller | No | No |
28.01 | Property | 1 | 260-262 West 122nd Street | |||||
28.02 | Property | 1 | 240 West 122nd Street | |||||
28.03 | Property | 1 | 238 West 122nd Street | |||||
28.04 | Property | 1 | 242 West 122nd Street | |||||
28.05 | Property | 1 | 236 West 122nd Street | |||||
28.06 | Property | 1 | 244 West 122nd Street | |||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | |||||
28.08 | Property | 1 | 234 West 122nd Street |
A-1-25
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor | Non-Recourse Carveout Guarantor | Delaware
Statutory Trust (Y/N) |
Tenants-in-common
(Y/N) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | |||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | |||||
28.11 | Property | 1 | 262 West 115th Street | |||||
29.00 | Loan | 28 | 1 | Heights Marketplace | US Property Trust South America LLC | US Property Trust South America LLC | No | No |
30.00 | Loan | 1 | TownePlace Suites The Villages | Dharmenda J. Rama | Dharmendra J. Rama and Joseph Nisbett | No | No | |
31.00 | Loan | 1 | Garver Little Rock | Karen E. Kennedy | Karen E. Kennedy | Yes | No | |
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | Harinderjit Singh and Mandeep Singh | Harinderjit Singh and Mandeep Singh | No | No |
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | Yehuda A. Lowy | Yehuda A. Lowy | No | No | |
33.01 | Property | 1 | 375 East 209th Street | |||||
33.02 | Property | 1 | 2679 Decatur Avenue | |||||
33.03 | Property | 1 | 3053 Hull Avenue | |||||
34.00 | Loan | 1 | Arizona Pavilions | Eric Brandon Rosenberg | Eric Brandon Rosenberg | No | No | |
35.00 | Loan | 30 | 1 | Boonton Industrial | Joseph Supor III | Joseph Supor III | No | No |
36.00 | Loan | 1 | Leisure Living | Marcia Maiten | Marcia G. Maiten | No | No | |
37.00 | Loan | 31 | 1 | Walmart Deland | Jerald C. Eubank and Robert G. Eubank | Jerald C. Eubank and Robert G. Eubank | No | No |
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | Barry Singer | Barry Singer | No | No |
39.00 | Loan | 1 | Lost River Self Storage | Mark A. Williams | Mark A. Williams | No | No | |
40.00 | Loan | 1 | Clara Point Apartments | Joseph F. Mullins | Joseph F. Mullins | No | No | |
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | John Kranjec | John Kranjec | No | No |
42.00 | Loan | 1 | AC Self Storage - Missouri City | Troy Downing and F. Craig Morris | Troy Downing and F. Craig Morris | No | No | |
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | Troy Downing and F. Craig Morris | Troy Downing and F. Craig Morris | No | No | |
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | Thomas A. Frame, Pamela E. Frame, and Revocable Living Trust of Thomas A. Frame and Pamela E. Frame | Thomas A. Frame, Pamela E. Frame, and Revocable Living Trust of Thomas A. Frame and Pamela E. Frame | No | No |
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | Jerald C. Eubank and Robert G. Eubank | Jerald C. Eubank and Robert G. Eubank | No | No |
46.00 | Loan | 1 | Amidon Place Apartments | Amir Pasha Esfandiary | Amir Pasha Esfandiary | No | No | |
47.00 | Loan | 38 | 1 | Estrella Crossroads | Starpoint Properties, LLC | Starpoint Properties, LLC | No | No |
48.00 | Loan | 39 | 1 | Federales Chicago | Henry Ohebshalom and Global Holdings Consolidated, LLC | Henry Ohebshalom and Global Holdings Consolidated, LLC | No | No |
49.00 | Loan | 1 | Shops at Valle Vista | Jose Chacalo Hilu and Elias Husni Hanono | Jose Chacalo Hilu and Elias Husni Hanono | No | No | |
50.00 | Loan | 1 | Villas at the Woodlands | Jarek Tadla | Jarek Tadla | No | No | |
51.00 | Loan | 1 | Turtle Creek Apartments | Reed Elder and Security Parks International, LLC | Reed Elder and Security Parks International, LLC | No | No | |
52.00 | Loan | 40 | 1 | FleetPride Industrial | Chaim Fromowitz | Chaim Fromowitz | No | No |
53.00 | Loan | 41 | 1 | Walgreens Cambridge | David Schiff and Denise Ann Schiff Simon | David Schiff and Denise Ann Schiff Simon | No | No |
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | Marina Graeve | Marina Graeve | No | No |
55.00 | Loan | 1 | Lord Duplin Apartments | Michael Kalish, Yaakov Abdelhak and BBC Real Estate Limited Liability Company | Michael Kalish, Yaakov Abdelhak and BBC Real Estate Limited Liability Company | No | No | |
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | Ryan Armstrong and Paul Clay Davis | Ryan Armstrong and Paul Clay Davis | No | No | |
56.01 | Property | 1 | City Walk MHC | |||||
56.02 | Property | 1 | Oak Hill MHC | |||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | Amber Yang Cao | Amber Yang Cao | No | No |
58.00 | Loan | 1 | 7-Eleven Tampa | Lewis I. Winarsky and Susan Lee Winarksy | Lewis I. Winarsky and Susan Lee Winarksy | No | Yes | |
59.00 | Loan | 1 | CVS Mars Hill | The Pepper Edmiston Trust dated August 21, 1990 and Pepper A. Edmiston | The Pepper Edmiston Trust dated August 21, 1990 and Pepper A. Edmiston | No | No | |
60.00 | Loan | 1 | 5800 Brookhollow | Jeffrey J. Feil | Jeffrey J. Feil | No | No | |
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | Ladder Capital CRE Equity LLC | Ladder Capital CRE Equity LLC | No | No |
A-1-26
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | Refinance | 75,000,000 | 0 | 10,000,000 | 0 | 85,000,000 | 70,404,507 | 0 | 1,315,870 | 5,019,524 | 8,260,099 | 0 | 85,000,000 | NAP | NAP | ||
1.01 | Property | 1 | 2750 Morris Road | NAP | NAP | ||||||||||||||||
1.02 | Property | 1 | 1180 Church Road | NAP | NAP | ||||||||||||||||
2.00 | Loan | 1 | The Grace Building | Refinance | 883,000,000 | 0 | 367,000,000 | 0 | 1,250,000,000 | 905,439,802 | 0 | 14,879,035 | 89,716,149 | 239,965,013 | 0 | 1,250,000,000 | NAP | NAP | |||
3.00 | Loan | 1 | Malibu Colony Plaza | Refinance | 48,000,000 | 0 | 0 | 0 | 48,000,000 | 41,221,217 | 0 | 426,299 | 0 | 6,352,483 | 0 | 48,000,000 | NAP | NAP | |||
4.00 | Loan | 8 | Mason Multifamily Portfolio | Refinance | 37,000,000 | 0 | 0 | 4,033,002 | 41,033,002 | 36,834,301 | 0 | 677,120 | 427,427 | 3,094,154 | 0 | 41,033,002 | NAP | NAP | |||
4.01 | Property | 1 | University Heights | NAP | NAP | ||||||||||||||||
4.02 | Property | 1 | Ashbury Court | NAP | NAP | ||||||||||||||||
4.03 | Property | 1 | James Court | NAP | NAP | ||||||||||||||||
4.04 | Property | 1 | Old Orchard | NAP | NAP | ||||||||||||||||
4.05 | Property | 1 | Ashbury East | NAP | NAP | ||||||||||||||||
4.06 | Property | 1 | Colonial West | NAP | NAP | ||||||||||||||||
4.07 | Property | 1 | Colonial East | NAP | NAP | ||||||||||||||||
4.08 | Property | 1 | Cardinal Apartments | NAP | NAP | ||||||||||||||||
5.00 | Loan | 1 | Gramercy Plaza | Acquisition | 27,200,000 | 24,304,144 | 0 | 0 | 51,504,144 | 0 | 45,000,000 | 1,539,105 | 4,965,039 | 0 | 0 | 51,504,144 | NAP | NAP | |||
6.00 | Loan | 5 | 1 | Bell Towne Centre | Refinance | 26,600,000 | 0 | 0 | 0 | 26,600,000 | 21,514,966 | 0 | 386,139 | 873,493 | 3,825,402 | 0 | 26,600,000 | NAP | NAP | ||
7.00 | Loan | 14 | Rollins Portfolio | Acquisition | 39,400,000 | 21,546,233 | 0 | 0 | 60,946,233 | 0 | 60,575,000 | 371,233 | 0 | 0 | 0 | 60,946,233 | NAP | NAP | |||
7.01 | Property | 1 | Lodi | NAP | NAP | ||||||||||||||||
7.02 | Property | 1 | Sacramento | NAP | NAP | ||||||||||||||||
7.03 | Property | 1 | Geotech Supply | NAP | NAP | ||||||||||||||||
7.04 | Property | 1 | Vacaville | NAP | NAP | ||||||||||||||||
7.05 | Property | 1 | Rancho Cordova | NAP | NAP | ||||||||||||||||
7.06 | Property | 1 | Modesto | NAP | NAP | ||||||||||||||||
7.07 | Property | 1 | Auburn | NAP | NAP | ||||||||||||||||
7.08 | Property | 1 | Livermore | NAP | NAP | ||||||||||||||||
7.09 | Property | 1 | Salinas | NAP | NAP | ||||||||||||||||
7.10 | Property | 1 | Yuba City | NAP | NAP | ||||||||||||||||
7.11 | Property | 1 | Santa Rosa | NAP | NAP | ||||||||||||||||
7.12 | Property | 1 | Redding | NAP | NAP | ||||||||||||||||
7.13 | Property | 1 | Chico | NAP | NAP | ||||||||||||||||
7.14 | Property | 1 | Sonora | NAP | NAP | ||||||||||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | Refinance | 24,250,000 | 1,664,958 | 0 | 0 | 25,914,958 | 25,176,845 | 0 | 686,446 | 51,667 | 0 | 0 | 25,914,958 | NAP | NAP | ||
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | Refinance | 23,200,000 | 90,000 | 0 | 0 | 23,290,000 | 18,334,444 | 0 | 876,101 | 4,079,455 | 0 | 0 | 23,290,000 | NAP | NAP | ||
10.00 | Loan | 1 | The Wyatt at Northern Lights | Acquisition | 22,750,000 | 12,761,500 | 0 | 0 | 35,511,500 | 0 | 35,000,000 | 320,736 | 190,764 | 0 | 0 | 35,511,500 | NAP | NAP | |||
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | Refinance | 20,300,000 | 0 | 0 | 0 | 20,300,000 | 11,620,508 | 0 | 465,311 | 5,108,761 | 3,105,421 | 0 | 20,300,000 | NAP | NAP | ||
12.00 | Loan | 16, 17 | 1 | The Westchester | Refinance | 343,000,000 | 0 | 57,000,000 | 0 | 400,000,000 | 318,094,845 | 0 | 2,580,460 | 8,006,075 | 71,318,620 | 0 | 400,000,000 | NAP | NAP | ||
13.00 | Loan | 1 | Metro Crossing | Acquisition | 34,450,000 | 19,390,135 | 0 | 0 | 53,840,135 | 0 | 52,900,000 | 296,193 | 643,942 | 0 | 0 | 53,840,135 | NAP | NAP | |||
14.00 | Loan | 18 | 11 | ExchangeRight 47 | Acquisition | 20,000,000 | 19,820,179 | 0 | 0 | 39,820,179 | 0 | 37,989,514 | 827,002 | 1,003,663 | 0 | 0 | 39,820,179 | NAP | NAP | ||
14.01 | Property | 1 | Kroger - Columbus, OH | NAP | NAP | ||||||||||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | NAP | NAP | ||||||||||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | NAP | NAP | ||||||||||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | NAP | NAP | ||||||||||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | NAP | NAP | ||||||||||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | NAP | NAP | ||||||||||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | NAP | NAP | ||||||||||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | NAP | NAP | ||||||||||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | NAP | NAP | ||||||||||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NAP | NAP | ||||||||||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | NAP | NAP | ||||||||||||||||
15.00 | Loan | 1 | Seacrest Homes | Refinance | 48,000,000 | 187,402 | NAP | NAP | 48,187,402 | 47,669,187 | NAP | 514,549 | 3,667 | NAP | NAP | 48,187,402 | NAP | NAP | |||
16.00 | Loan | 1 | Ranch Self Storage | Refinance | NAP | NAP | |||||||||||||||
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | Refinance | NAP | NAP | ||||||||||||||
18.00 | Loan | 21 | 1 | Herndon Square | Refinance | NAP | NAP | ||||||||||||||
19.00 | Loan | 1 | The Plaza at Williams Centre | Refinance | NAP | NAP | |||||||||||||||
20.00 | Loan | 1 | Lafayette Arms Apartments | Refinance | NAP | NAP | |||||||||||||||
21.00 | Loan | 1 | 231 Hudson Leased Fee | Refinance | NAP | NAP | |||||||||||||||
22.00 | Loan | 1 | The Woodlands of Charlottesville | Refinance | NAP | NAP | |||||||||||||||
23.00 | Loan | 1 | 884 Riverside Drive | Refinance | NAP | NAP | |||||||||||||||
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | Refinance | NAP | NAP | ||||||||||||||
24.01 | Property | 1 | Securlock - Casa Grande | NAP | NAP | ||||||||||||||||
24.02 | Property | 1 | Securlock - Cordova | NAP | NAP | ||||||||||||||||
24.03 | Property | 1 | Securlock - Antioch | NAP | NAP | ||||||||||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | Refinance | 12/3/2033 | 4/28/1900 | 3/14/1900 | |||||||||||||
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | Acquisition | NAP | NAP | ||||||||||||||
27.00 | Loan | 1 | Interstate Self Storage | Acquisition | NAP | NAP | |||||||||||||||
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | Refinance | NAP | NAP | ||||||||||||||
28.01 | Property | 1 | 260-262 West 122nd Street | NAP | NAP | ||||||||||||||||
28.02 | Property | 1 | 240 West 122nd Street | NAP | NAP | ||||||||||||||||
28.03 | Property | 1 | 238 West 122nd Street | NAP | NAP | ||||||||||||||||
28.04 | Property | 1 | 242 West 122nd Street | NAP | NAP | ||||||||||||||||
28.05 | Property | 1 | 236 West 122nd Street | NAP | NAP | ||||||||||||||||
28.06 | Property | 1 | 244 West 122nd Street | NAP | NAP | ||||||||||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAP | NAP | ||||||||||||||||
28.08 | Property | 1 | 234 West 122nd Street | NAP | NAP |
A-1-27
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAP | NAP | ||||||||||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAP | NAP | ||||||||||||||||
28.11 | Property | 1 | 262 West 115th Street | NAP | NAP | ||||||||||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | Acquisition | NAP | NAP | ||||||||||||||
30.00 | Loan | 1 | TownePlace Suites The Villages | Refinance | 6/21/2027 | 4/5/1900 | 3/12/1900 | ||||||||||||||
31.00 | Loan | 1 | Garver Little Rock | Acquisition | NAP | NAP | |||||||||||||||
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | Refinance | 6/30/2037 | 5/1/1900 | 3/14/1900 | |||||||||||||
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | Refinance | NAP | NAP | |||||||||||||||
33.01 | Property | 1 | 375 East 209th Street | NAP | NAP | ||||||||||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | NAP | NAP | ||||||||||||||||
33.03 | Property | 1 | 3053 Hull Avenue | NAP | NAP | ||||||||||||||||
34.00 | Loan | 1 | Arizona Pavilions | Refinance | NAP | NAP | |||||||||||||||
35.00 | Loan | 30 | 1 | Boonton Industrial | Refinance | NAP | NAP | ||||||||||||||
36.00 | Loan | 1 | Leisure Living | Refinance | NAP | NAP | |||||||||||||||
37.00 | Loan | 31 | 1 | Walmart Deland | Acquisition | NAP | NAP | ||||||||||||||
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | Refinance | NAP | NAP | ||||||||||||||
39.00 | Loan | 1 | Lost River Self Storage | Refinance | NAP | NAP | |||||||||||||||
40.00 | Loan | 1 | Clara Point Apartments | Refinance | NAP | NAP | |||||||||||||||
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | Refinance | 12/31/2035 | 11/7/1900 | 10/8/1900 | |||||||||||||
42.00 | Loan | 1 | AC Self Storage - Missouri City | Refinance | NAP | NAP | |||||||||||||||
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | Refinance | NAP | NAP | |||||||||||||||
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | Acquisition | NAP | NAP | ||||||||||||||
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | Acquisition | NAP | NAP | ||||||||||||||
46.00 | Loan | 1 | Amidon Place Apartments | Acquisition | NAP | NAP | |||||||||||||||
47.00 | Loan | 38 | 1 | Estrella Crossroads | Acquisition | NAP | NAP | ||||||||||||||
48.00 | Loan | 39 | 1 | Federales Chicago | Acquisition | NAP | NAP | ||||||||||||||
49.00 | Loan | 1 | Shops at Valle Vista | Acquisition | NAP | NAP | |||||||||||||||
50.00 | Loan | 1 | Villas at the Woodlands | Refinance | NAP | NAP | |||||||||||||||
51.00 | Loan | 1 | Turtle Creek Apartments | Acquisition | NAP | NAP | |||||||||||||||
52.00 | Loan | 40 | 1 | FleetPride Industrial | Acquisition | NAP | NAP | ||||||||||||||
53.00 | Loan | 41 | 1 | Walgreens Cambridge | Acquisition | NAP | NAP | ||||||||||||||
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | Recapitalization | NAP | NAP | ||||||||||||||
55.00 | Loan | 1 | Lord Duplin Apartments | Acquisition | NAP | NAP | |||||||||||||||
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | Acquisition | NAP | NAP | |||||||||||||||
56.01 | Property | 1 | City Walk MHC | NAP | NAP | ||||||||||||||||
56.02 | Property | 1 | Oak Hill MHC | NAP | NAP | ||||||||||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | Refinance | NAP | NAP | ||||||||||||||
58.00 | Loan | 1 | 7-Eleven Tampa | Acquisition | NAP | NAP | |||||||||||||||
59.00 | Loan | 1 | CVS Mars Hill | Acquisition | NAP | NAP | |||||||||||||||
60.00 | Loan | 1 | 5800 Brookhollow | Refinance | NAP | NAP | |||||||||||||||
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | Acquisition | NAP | NAP |
A-1-28
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop
- Sponsor/ Investor Carry |
1.00 | Loan | 4 | 2 | Velocity Industrial Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
1.01 | Property | 1 | 2750 Morris Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
1.02 | Property | 1 | 1180 Church Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
2.00 | Loan | 1 | The Grace Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
3.00 | Loan | 1 | Malibu Colony Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.00 | Loan | 8 | Mason Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.01 | Property | 1 | University Heights | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.02 | Property | 1 | Ashbury Court | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.03 | Property | 1 | James Court | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.04 | Property | 1 | Old Orchard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.05 | Property | 1 | Ashbury East | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.06 | Property | 1 | Colonial West | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.07 | Property | 1 | Colonial East | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
4.08 | Property | 1 | Cardinal Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
5.00 | Loan | 1 | Gramercy Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
6.00 | Loan | 5 | 1 | Bell Towne Centre | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
7.00 | Loan | 14 | Rollins Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.01 | Property | 1 | Lodi | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.02 | Property | 1 | Sacramento | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.03 | Property | 1 | Geotech Supply | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.04 | Property | 1 | Vacaville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.05 | Property | 1 | Rancho Cordova | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.06 | Property | 1 | Modesto | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.07 | Property | 1 | Auburn | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.08 | Property | 1 | Livermore | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.09 | Property | 1 | Salinas | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.10 | Property | 1 | Yuba City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.11 | Property | 1 | Santa Rosa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.12 | Property | 1 | Redding | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.13 | Property | 1 | Chico | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
7.14 | Property | 1 | Sonora | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
8.00 | Loan | 6, 7 | 1 | 1010 Building and Heinen’s Rotunda Building | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
9.00 | Loan | 8, 9, 10, 11 | 1 | 2302 Webster | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
10.00 | Loan | 1 | The Wyatt at Northern Lights | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
11.00 | Loan | 12, 13, 14, 15 | 1 | Trader Joe’s LIC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
12.00 | Loan | 16, 17 | 1 | The Westchester | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
13.00 | Loan | 1 | Metro Crossing | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.00 | Loan | 18 | 11 | ExchangeRight 47 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
14.01 | Property | 1 | Kroger - Columbus, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.02 | Property | 1 | Giant Eagle - Streetsboro, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.03 | Property | 1 | Walgreens - Cordova, TN | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.04 | Property | 1 | Fresenius Medical Care - Baton Rouge, LA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.05 | Property | 1 | BB&T - Lancaster, PA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.06 | Property | 1 | Dollar General - Delhi, CA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.07 | Property | 1 | Verizon Wireless - Columbia, SC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.08 | Property | 1 | Napa Auto Parts - Columbus, OH | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.09 | Property | 1 | Dollar Tree - Idaho Falls, ID | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.10 | Property | 1 | Dollar Tree - Trenton, NJ | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
14.11 | Property | 1 | Dollar General - Lubbock, TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
15.00 | Loan | 1 | Seacrest Homes | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
16.00 | Loan | 1 | Ranch Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
17.00 | Loan | 19, 20 | 1 | Elmwood Distribution Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
18.00 | Loan | 21 | 1 | Herndon Square | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
19.00 | Loan | 1 | The Plaza at Williams Centre | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
20.00 | Loan | 1 | Lafayette Arms Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
21.00 | Loan | 1 | 231 Hudson Leased Fee | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
22.00 | Loan | 1 | The Woodlands of Charlottesville | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
23.00 | Loan | 1 | 884 Riverside Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
24.00 | Loan | 22 | 3 | Securlock HAC Self-Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
24.01 | Property | 1 | Securlock - Casa Grande | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
24.02 | Property | 1 | Securlock - Cordova | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
24.03 | Property | 1 | Securlock - Antioch | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
25.00 | Loan | 23 | 1 | TownePlace Suites - La Place | 1/0/1900 | 4/19/1900 | 2/20/1900 | 1/0/1900 | 4/28/1900 | 3/14/1900 | 1/0/1900 | 4/20/1900 | 2/29/1900 | 1/0/1900 | ||||||||
26.00 | Loan | 24, 25 | 1 | Envy Self Storage and RV | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
27.00 | Loan | 1 | Interstate Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.00 | Loan | 26, 27 | 11 | 122nd Street Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
28.01 | Property | 1 | 260-262 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.02 | Property | 1 | 240 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.03 | Property | 1 | 238 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.04 | Property | 1 | 242 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.05 | Property | 1 | 236 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.06 | Property | 1 | 244 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.07 | Property | 1 | 2268 Frederick Douglas Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.08 | Property | 1 | 234 West 122nd Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
A-1-29
WFCM 2021-C60
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop
- Sponsor/ Investor Carry |
28.09 | Property | 1 | 222 Saint Nicholas Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.10 | Property | 1 | 2500 Frederick Douglas Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
28.11 | Property | 1 | 262 West 115th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
29.00 | Loan | 28 | 1 | Heights Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
30.00 | Loan | 1 | TownePlace Suites The Villages | 1/0/1900 | 3/30/1900 | 3/1/1900 | 1/0/1900 | 4/7/1900 | 2/28/1900 | 1/0/1900 | 4/26/1900 | 3/29/1900 | 1/0/1900 | |||||||||
31.00 | Loan | 1 | Garver Little Rock | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
32.00 | Loan | 29 | 1 | Home2Suites Hilton Head | 1/0/1900 | 5/1/1900 | 3/14/1900 | 1/0/1900 | 4/22/1900 | 2/29/1900 | 1/0/1900 | 5/9/1900 | 3/20/1900 | 1/0/1900 | ||||||||
33.00 | Loan | 3 | Lowy Bronx Multifamily Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
33.01 | Property | 1 | 375 East 209th Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
33.02 | Property | 1 | 2679 Decatur Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
33.03 | Property | 1 | 3053 Hull Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
34.00 | Loan | 1 | Arizona Pavilions | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
35.00 | Loan | 30 | 1 | Boonton Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
36.00 | Loan | 1 | Leisure Living | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
37.00 | Loan | 31 | 1 | Walmart Deland | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
38.00 | Loan | 32, 33 | 1 | Bronxwood Mixed Use | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
39.00 | Loan | 1 | Lost River Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
40.00 | Loan | 1 | Clara Point Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
41.00 | Loan | 34, 35 | 1 | Belamere Suites II | 1/0/1900 | 11/7/1900 | 10/8/1900 | 1/0/1900 | NAV | NAV | NAV | NAV | NAV | NAV | ||||||||
42.00 | Loan | 1 | AC Self Storage - Missouri City | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
43.00 | Loan | 1 | AC Self Storage - Arlington,TX | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
44.00 | Loan | 36 | 1 | Walgreens – Newport News, VA | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
45.00 | Loan | 37 | 1 | Walgreens San Tan Valley | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
46.00 | Loan | 1 | Amidon Place Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
47.00 | Loan | 38 | 1 | Estrella Crossroads | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
48.00 | Loan | 39 | 1 | Federales Chicago | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
49.00 | Loan | 1 | Shops at Valle Vista | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
50.00 | Loan | 1 | Villas at the Woodlands | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
51.00 | Loan | 1 | Turtle Creek Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
52.00 | Loan | 40 | 1 | FleetPride Industrial | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
53.00 | Loan | 41 | 1 | Walgreens Cambridge | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
54.00 | Loan | 42 | 1 | Parq on 8th Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
55.00 | Loan | 1 | Lord Duplin Apartments | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
56.00 | Loan | 2 | Oak Hill & City Walk MHC Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
56.01 | Property | 1 | City Walk MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
56.02 | Property | 1 | Oak Hill MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
57.00 | Loan | 43 | 1 | 4070 Butler Pike Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||
58.00 | Loan | 1 | 7-Eleven Tampa | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
59.00 | Loan | 1 | CVS Mars Hill | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
60.00 | Loan | 1 | 5800 Brookhollow | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||
61.00 | Loan | 1 | Dollar General-Saginaw (E. Washington Road) | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
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FOOTNOTES TO ANNEX A-1 | |||
See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans. | |||
(1) | “WFB” denotes Wells Fargo Bank, National Association, “BSPRT” denotes BSPRT CMBS Finance, LLC, “Column” denotes Column Financial, Inc.,“LCF” denotes Ladder Capital Finance LLC, “LMF” denotes LMF Commercial, LLC and “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York. | ||
(2) | Certain tenants may not be in occupancy or may be in free rent periods. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that, alone or together with affiliated tenants, occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of, the related Mortgaged Properties, certain of such tenants have not taken possession or commenced paying rent or are not yet fully operational. For more information see “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” and the Annex A-3 in this prospectus for additional information. | ||
(3) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. In particular, with respect to (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that, alone or together with affiliated tenants, occupy 50% or more of the net rentable area of, or represent 50% or more of the underwritten revenues of, the related Mortgaged Properties, certain of such tenants have unilateral termination options with respect to all or a portion of their space. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in this prospectus for additional information, as well as the charts entitled “Major Tenants” and “Lease Expiration Schedules” for the 15 largest Mortgage Loans or groups of cross-collateralized Mortgage Loans presented on Annex A-3 to this prospectus. | ||
(4) | For mortgage loan #1 (Velocity Industrial Portfolio), the Number of Units for the 2750 Morris Road Property includes 505,218 square feet of warehouse space, 112,598 square feet of office space, 62,272 square feet of flex space and 1,038 square feet of Amazon space, and the Number of Units for the 1180 Church Road Property includes 248,529 square feet of warehouse space, 167,127 square feet of office space, and 34,000 square feet of flex space. | ||
(5) | For mortgage loan #6 (Bell Towne Centre), the mortgaged property contains three tenants, Wendy’s (3,600 square feet), Chili’s (6,341 square feet) and Bank of America (5,400 square feet), on ground leased outparcels totaling 15,341 square feet (11.7% of the net rentable square footage at the mortgaged property). | ||
(6) | For mortgage loan #8 (1010 Building and Heinen’s Rotunda Building), the Number of Units includes 90 multifamily units, 53,312 square feet of retail space, and 28,227 square feet of office space. | ||
(7) | For mortgage loan #8 (1010 Building and Heinen’s Rotunda Building), the second largest tenant (23,882 square feet), representing 17.2% of the net rentable square feet, is affiliated with the borrower and the borrower sponsor guaranteed the related lease. The fifth largest tenant (7,023 square feet), representing 5.1% of the net rentable square feet, is affiliated with the borrower. | ||
(8) | For mortgage loan #9 (2302 Webster), the number of units reflects residential units. The mortgaged property also includes 8,985 square feet of commercial space. | ||
(9) | For mortgage loan #9 (2302 Webster), the mortgaged property has an As-Is Appraised Value of $34,600,000 as of March 10, 2021. At the time of valuation, the mortgaged property was in the process of leasing up after it received a certificate of occupancy in January 2021. The multifamily units at the mortgaged property are 98.6% leased as of June 25, 2021.The borrower sponsors are in the process of obtaining a 25-year ICAP tax abatement with respect to the commercial component of the mortgaged property and a 35 year 421-a tax exemption with respect to the residential |
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component of the mortgaged property, for which the mortgage will be full recourse to the guarantors until full and irrevocable receipt of the tax abatement and exemption. The appraised value was calculated based on the assumption that the tax abatement and exemption are obtained. The Cut-off Date LTV Ratio based on the As-Is Appraised Value is 67.1%. | |
(10) | For mortgage loan #9 (2302 Webster), the Cut-Off Date UW NOI Debt Yield and Cut-off Date UW NCF Debt Yield are calculated based on the Cut-off Date principal balance of such mortgage loan net of a $1,407,692 portion (allocated to a letter of intent for Clifford Glover Day Care) of the $3,550,778 upfront earnout reserve, which will be released to the borrower upon satisfaction of the following conditions: (i) no event of default is continuing, (ii) no Cash Management Trigger Event exists, (iii) upon each of the three commercial retail tenants being in occupancy, open for business and paying unabated base rent (the “earnout conditions”), as evidenced by individual tenant estoppels and (iv) to the extent that an NCF debt yield of 7.00% is achieved calculated by netting any funds remaining in the earnout reserve from the outstanding principal balance of the mortgage loan. The funds from the earnout reserve will be disbursed through the waterfall pro rata as each of the commercial tenants meet the earnout conditions. In the event the earnout conditions are not met within 12 months of loan closing, the loan is required to be paid down by the outstanding balance of the earnout reserve. The Cut-Off Date UW NOI Debt Yield and Cut-off Date UW NCF Debt Yield based on the full loan amount is 6.7% and 6.6%, respectively. |
(11) | For mortgage loan #9 (2302 Webster) – The mortgaged property is subject to a ground lease with G.J.B. Realty Corp., as the ground lessor, which ground lease has an expiration of October 18, 2116. The annual rent due under the ground lease for the mortgaged property is $150,500 through October 2022, followed by 2.0% annual increases thereafter with no resets. |
(12) | For mortgage loan #11 (Trader Joe’s LIC), the largest tenant (17,555 square feet), representing 67.5% of net rentable square feet, has free rent through March 2022. $1,047,205 has been reserved with the lender in respect of free rent for this tenant. |
(13) | For mortgage loan #11 (Trader Joe’s LIC), the Cut-Off Date UW NOI Debt Yield and Cut-off Date UW NCF Debt Yield are calculated based on the Cut-off Date principal balance of such mortgage loan net of the $2,750,000 upfront earnout reserve, which will be deposited in the cash management account (and released to the borrower if there is no cash management sweep event in existence) upon satisfaction of the following conditions: (i) Five Iron Golf (which has signed a letter of intent to occupy space at the related mortgaged property) or a satisfactory replacement tenant pursuant to a replacement lease has accepted and is occupying all of the space under its lease and paying full unabated rent, (ii) all obligations of the borrower, as landlord under the Five Iron Golf lease or any such replacement lease, have been duly performed, completed and paid for, including, without limitation, any obligations of the borrower to make or pay or reimburse Five Iron Golf or any replacement tenant for any tenant improvements and leasing commissions, (iii) any improvements described in the Five Iron Golf lease or any such replacement lease have been constructed in accordance therewith and have been accepted by Five Iron Golf or any replacement tenant, (iv) Five Iron Golf or any replacement tenant is not then entitled to any concession or rebate of rent or other charges from time to time due and payable under its lease, (v) there are no defaults by the borrower or Five Iron Golf under the Five Iron Golf lease and/or any replacement tenant under a replacement lease, (vi) all tenants at the related mortgaged property have obtained certificates of occupancy for their respective demised premises, and (vii) the NCF debt yield at the mortgaged property after giving effect to the Five Iron Golf lease or any such replacement lease is not less than 7.0%. In the event the earnout conditions are not met on or before July 1, 2024, the loan is required to be paid down by the outstanding balance of the earnout reserve. The Cut-Off Date UW NOI Debt Yield and Cut-off Date UW NCF Debt Yield based on the full loan amount is 6.3% and 6.2%, respectively. |
(14) | For mortgage loan #11 (Trader Joe’s LIC), the occupancy % represents economic occupancy. The mortgage property is 67.5% physically leased. |
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(15) | For mortgage loan #11 (Trader Joe’s LIC), the As-Is Appraised Value of $31,000,000 assumes at least $2,500,000 of reserves are available for Five Iron Golf. The lender reserved $2,750,000 for an upfront earnout reserve, $1,000,000 for tenant improvements and $300,000 for free rent associated with the Five Iron Golf letter of intent. |
(16) | For mortgage loan #12 (The Westchester), the largest tenant (206,197 square feet) leases the collateral pad site and the improvements built on the pad site are owned by the tenant. |
(17) | For mortgage loan #12 (The Westchester), at origination, Column obtained an appraisal dated January 15, 2020 with an as-is value of $810,000,000 as of November 26, 2019. Column obtained a new appraisal dated February 3, 2021 with an as-is value of $647,000,000 as of January 12, 2021 and a prospective as-stabilized value of $699,000,000 as of February 1, 2024. Based on the prospective as-stabilized value, the Cut-off Date LTV is 49.1% and the Whole Loan Cut-off Date LTV Ratio is 57.2%. |
(18) | For mortgage loan #14 (ExchangeRight 47), the single tenant at the Walgreens – Cordova, TN property (15,120 square feet), representing 7.2% of total portfolio net rentable square feet, has the right to terminate its lease effective September 30, 2027, and every 5-year period thereafter, with written notice no later than 6 months prior to each respective termination date. |
(19) | For mortgage loan #17 (Elmwood Distribution Center), the largest tenant (37,500 square feet), representing 9.1% of net rentable square feet, has multiple lease expirations. 30,000 net rentable square feet expire on February 28, 2026 and 7,500 net rentable square feet expire on February 28, 2023. |
(20) | For mortgage loan #17 (Elmwood Distribution Center), the third largest tenant (21,329 square feet), representing 5.2% of net rentable square feet, has an early termination option as of June 1, 2022 by providing at least six months’ written notice and payment of a termination fee equal to four months of rent and the sum of the unamortized amount of the tenant improvement allowance, leasing commissions, legal fees and rent abatement. |
(21) | For mortgage loan #18 (Herndon Square), the mortgaged property is comprised of 149,284 square feet of flex office space, 87,937 square feet of traditional office space and 26,286 square feet of data center space. |
(22) | For mortgage loan #24 (Securlock HAC Self-Storage Portfolio), Appraised Value presented for the mortgage loan reflects a pool level appraisal, which includes a diversity premium based on an assumption that all the mortgaged properties would be sold together as a portfolio. The aggregate of the individual mortgaged property appraised values is $16,450,000. |
(23) | For mortgage loan #25 (TownePlace Suites - La Place), the monthly cap ex reserve is equal to the greater of (a) an amount equal to 1/12 of 4% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs and (b) the aggregate amount, if any, required to be reserved under the management agreement and the franchise agreement. The current monthly cap ex reserve is $8,544. |
(24) | For mortgage loan #26 (Envy Self Storage and RV), the Number of Units includes 604 self-storage and 153 RV/boat storage spaces. |
(25) | For mortgage loan #26 (Envy Self Storage and RV), the Appraised Value represents the “As-Stabilized” value assuming the self-directed expansion plan to add 39 RV/parking units, which is expected to be completed by December 2021, has been completed. The “As-Is” appraised value assuming the self-directed expansion plan has not been completed is $16,500,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $16,500,000 “As-Is” appraised value are 49.9% and 49.9%, respectively. |
(26) | For mortgage loan #28 (122nd Street Portfolio), the number of units reflects residential units. The mortgaged property also includes 2,400 square feet of commercial space. |
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(27) | For mortgage loan #28 (122nd Street Portfolio), there were no property level financials as only portfolio level financials were available. |
(28) | For mortgage loan #29 (Heights Marketplace), the fifth largest tenant (1,650 square feet), representing 8.5% of the net rentable square feet, signed its lease in December 2020 and is expected to start paying rent in October 2021. At origination, the borrower deposited $14,438 into a Crumbl free rent reserve and $48,469 into a TI/LC reserve. |
(29) | For mortgage loan #32 (Home2Suites Hilton Head), the Monthly Replacement Reserve will adjust to 1/12th of (a) 2.0% (on each monthly payment date through June 2022), (b) 3.0% (on each monthly payment date occurring in July 2022 through June 2023) and (c) 4.0% (on each monthly payment date occurring in July 2023 through the maturity date) of the greater of (i) gross revenues for the mortgaged property in the preceding calendar year or (ii) the projected gross revenues for the mortgaged property for the current calendar year according to the most recently submitted annual budget. |
(30) | For mortgage loan #35 (Boonton Industrial), the mortgage loan is structured with a 20 year, absolute net operating lease agreement between the borrower and borrower affiliated entity as tenant, which tenant in turn enters into subleases and contracts at the mortgaged property with end user tenants. The lease with the borrower affiliate was underwritten. As such, the only tenant shown is the borrower affiliated entity, and end user tenants are not shown. |
(31) | For mortgage loan #37 (Walmart Deland) the sole tenant (41,871 square feet) leases the collateral pad site and the improvements built on the pad site are owned by the tenant. |
(32) | For mortgage loan #38 (Bronxwood Mixed Use), the Number of Units includes 24 multifamily units and 8,350 square feet of retail space. |
(33) | For mortgage loan #38 (Bronxwood Mixed Use), the largest tenant (2,225 square feet), representing 8.4% of the net rentable square feet, has the right to vacate its premises by providing a 90 days’ prior notice. The second largest tenant (1,110 square feet), representing 4.2% of the net rentable square feet, has the right to vacate its premises by providing a 180 days’ prior notice. The third largest tenant (1,015 square feet), representing 3.8% of the net rentable square feet, has the right to vacate its premises by providing a 60 days’ prior notice. |
(34) | For mortgage loan #41 (Belamere Suites II), the Monthly Replacement Reserve will be equal to 1/12th of 3.0% of the greater of (i) annual gross revenues calculated as of the end of the most recent calendar quarter and (ii) gross revenues projected in the most recent approved annual budget thereafter collected through April 2021 and 1/12th of 4.0% of the greater of (i) annual gross revenues calculated as of the end of the most recent calendar quarter and (ii) gross revenues projected in the most recent approved annual budget thereafter. |
(35) | For mortgage loan #41 (Belamere Suites II), the related mortgaged property is subject to a license agreement dated December 30, 2016, rather than a franchise agreement. The stated expiration date is of the license agreement. |
(36) | For mortgage loan #44 (Walgreens – Newport News, VA), the sole tenant (14,607 square feet), has an ongoing option to terminate its lease as of October 31, 2034 upon 12 months’ notice. |
(37) | For mortgage loan #45 (Walgreens San Tan Valley), the sole tenant (14,820 square feet), has an ongoing option to terminate its lease as of July 31, 2034 upon 12 months’ notice. |
(38) | For mortgage loan #47 (Estrella Crossroads), the largest tenant (14,835 square feet), representing 65.0% of the net rentable square feet, has the right to terminate its lease on July 31, 2031 and every 5 years thereafter by providing 6 months’ prior written notice. |
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(39) | For mortgage loan #48 (Federales Chicago), the number of units includes 1,953 square feet of patio space. |
(40) | For mortgage loan #52 (FleetPride Industrial), the sole tenant (35,500 square feet), subleases 14,000 square feet to McCarthy Tire Service Company of NC, Inc. for a current total annual base rent of $92,700 ($6.62 per square foot) expiring on December 31, 2024. |
(41) | For mortgage loan #53 (Walgreens Cambridge), the sole tenant (14,550 square feet), representing 100.0% of the net rentable square feet, has the right to terminate its lease on March 31, 2036 and every 5 years thereafter by providing 12 months’ prior written notice. |
(42) | For mortgage loan #54 (Parq on 8th Apartments), the Monthly Replacement Reserve will increase by 2% on each anniversary of the first Payment Due Date. |
(43) | For mortgage loan #57 (4070 Butler Pike Office), the largest tenant (6,874 square feet), representing 33.6% of the net rentable square feet, has free rents for the months of November 2021, November 2022, and November 2023. At origination, the borrower deposited $28,809 into a free rent reserve. |
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