| | | | | | | | | | | | | | | | | | | | | | Cut-off Date | | | | | | |
Control | | Loan / | | | | Mortgage | | | | Cash Management | | Ground | | Ground Lease | | Annual Ground | | Cut-off Date | | B Note | | Mezzanine | | Mezzanine Debt | | Terrorism Insurance | | Control |
Number | | Property Flag | | Footnotes | | Loan Seller | | Property Name | | Triggers | | Lease Y/N | | Expiration Date | | Lease Payment ($) | | B Note Balance ($) | | Interest Rate | | Debt Balance($) | | Interest Rate | | Required | | Number |
1 | | Loan | | 8 | | GSMC | | Friendly Center | | (i) the occurrence of an Event of Default, (ii) DSCR drops below 1.40x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | Yes | | 1 |
2 | | Loan | | 9, 10 | | JLC | | Queens Crossing | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 8.50% | | No | | | | | | | | | | 10,000,000 | | 13.50000% | | Yes | | 2 |
3 | | Loan | | | | JLC | | Eagle Ridge Village | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.50%, (iii) occupancy less than 85.0% | | No | | | | | | | | | | | | | | Yes | | 3 |
4 | | Loan | | 11 | | CGMRC | | Condyne Industrial Portfolio | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Mezzanine Event of Default | | | | | | | | | | | | 2,000,000 | | 11.00000% | | Yes | | 4 |
4.01 | | Property | | | | | | Condyne Portfolio-Littleton | | | | No | | | | | | | | | | | | | | Yes | | 4.01 |
4.02 | | Property | | | | | | Condyne Portfolio-Fall River | | | | Yes | | 10/1/2019 | | 93,000 | | | | | | | | | | Yes | | 4.02 |
4.03 | | Property | | | | | | Condyne Portfolio-Taunton | | | | No | | | | | | | | | | | | | | Yes | | 4.03 |
4.04 | | Property | | | | | | Condyne Portfolio-Brockton | | | | No | | | | | | | | | | | | | | Yes | | 4.04 |
5 | | Loan | | 12 | | JLC | | W Minneapolis | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.50% | | No | | | | | | | | | | 6,500,000 | | 5.46200% | | Yes | | 5 |
6 | | Loan | | 13, 14 | | CGMRC | | Marketplace at Huntingdon Valley | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period | | No | | | | | | | | | | | | | | Yes | | 6 |
7 | | Loan | | 15 | | GSMC | | Bradley Fair Shopping Center | | NAP | | No | | | | | | | | | | | | | | Yes | | 7 |
8 | | Loan | | 13 | | CGMRC | | 250 Livingston Street | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period | | No | | | | | | | | | | | | | | Yes | | 8 |
9 | | Loan | | 13 | | CGMRC | | Amalfi Hotel | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x | | No | | | | | | | | | | | | | | Yes | | 9 |
10 | | Loan | | 16 | | JLC | | Cabana Club Apartments | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.25% | | No | | | | | | | | | | | | | | Yes | | 10 |
11 | | Loan | | | | MC FiveMile | | Woodhawk Club Apartments | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x for any quarter or 1.20x for two consecutive quarters, (iii) Debt Yield is less than 7.25% for any quarter or 7.5% for two consecutive quarters or (iv) a Management Trigger Event | | No | | | | | | | | | | | | | | Yes | | 11 |
12 | | Loan | | | | AMF I | | Northeast Philadelphia Industrial Portfolio | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x | | | | | | | | | | | | | | | | Yes | | 12 |
12.01 | | Property | | | | | | 10981 Decatur Road | | | | No | | | | | | | | | | | | | | Yes | | 12.01 |
12.02 | | Property | | | | | | 10360 Drummond Road | | | | No | | | | | | | | | | | | | | Yes | | 12.02 |
12.03 | | Property | | | | | | 9815 Roosevelt Boulevard | | | | No | | | | | | | | | | | | | | Yes | | 12.03 |
12.04 | | Property | | | | | | 3031 Red Lion Road | | | | No | | | | | | | | | | | | | | Yes | | 12.04 |
12.05 | | Property | | | | | | 2800 Comly Road | | | | No | | | | | | | | | | | | | | Yes | | 12.05 |
12.06 | | Property | | | | | | 275 Geiger Road | | | | No | | | | | | | | | | | | | | Yes | | 12.06 |
12.07 | | Property | | | | | | 11600 Caroline Road | | | | No | | | | | | | | | | | | | | Yes | | 12.07 |
12.08 | | Property | | | | | | 11620 Caroline Road | | | | No | | | | | | | | | | | | | | Yes | | 12.08 |
12.09 | | Property | | | | | | 10195 Northeast Avenue | | | | No | | | | | | | | | | | | | | Yes | | 12.09 |
12.10 | | Property | | | | | | 12700 Townsend Road | | | | No | | | | | | | | | | | | | | Yes | | 12.10 |
12.11 | | Property | | | | | | 13430 Damar Drive | | | | No | | | | | | | | | | | | | | Yes | | 12.11 |
12.12 | | Property | | | | | | 14001 Townsend Road | | | | No | | | | | | | | | | | | | | Yes | | 12.12 |
12.13 | | Property | | | | | | 10380 Drummond Road | | | | No | | | | | | | | | | | | | | Yes | | 12.13 |
12.14 | | Property | | | | | | 12600 Townsend Road | | | | No | | | | | | | | | | | | | | Yes | | 12.14 |
13 | | Loan | | | | CGMRC | | Stetson Village | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Specified Tenant Trigger Period | | Yes | | 1/22/2072 | | 611,254 | | | | | | | | | | Yes | | 13 |
14 | | Loan | | 17, 18 | | JLC | | Commerce Park | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Lease Sweep Period | | No | | | | | | | | | | 4,947,514 | | 11.68991% | | Yes | | 14 |
15 | | Loan | | | | CGMRC | | A&P Mahwah | | (i) the occurrence of an Event of Default, (ii) the DSCR is less than 1.20x, (iii) the occurrence of a Replacement Reserve Trigger, (iv) the occurrence of any of the following regarding a Specified Tenant: (a) Bankruptcy trigger, (b) termination of lease, (c) material default, (d) going dark, (e) notice of lease termination, (f) failure to extend lease, (g) annual sales have fallen below $27,500,000 | | No | | | | | | | | | | | | | | Yes | | 15 |
16 | | Loan | | 19 | | AMF I | | Village at Pittsburgh Mills | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) Best Buy or Office Max defaulting under the terms of its lease, going dark, filing bankruptcy, or failing to extend its lease term | | No | | | | | | | | | | 1,750,000 | | 10.00000% | | Yes | | 16 |
17 | | Loan | | | | JLC | | Merage Tampa Hotel Portfolio | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x | | | | | | | | | | | | | | | | Yes | | 17 |
17.01 | | Property | | | | | | Residence Inn - Northpointe | | | | No | | | | | | | | | | | | | | Yes | | 17.01 |
17.02 | | Property | | | | | | Courtyard by Marriott - Oldsmar | | | | No | | | | | | | | | | | | | | Yes | | 17.02 |
17.03 | | Property | | | | | | Residence Inn - Oldsmar | | | | No | | | | | | | | | | | | | | Yes | | 17.03 |
18 | | Loan | | | | JLC | | Bryan Apartments | | Upon the occurrence of an Event of Default | | | | | | | | | | | | | | | | Yes | | 18 |
18.01 | | Property | | | | | | Willow Oaks Apartments | | | | No | | | | | | | | | | | | | | Yes | | 18.01 |
18.02 | | Property | | | | | | Riverstone Apartments | | | | No | | | | | | | | | | | | | | Yes | | 18.02 |
19 | | Loan | | | | CGMRC | | Van Dyke Commons | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Manager Bankruptcy Event, (iv) the occurrence of a Specified Tenant Trigger Period | | No | | | | | | | | | | | | | | Yes | | 19 |
20 | | Loan | | | | JLC | | Adara Apartment Portfolio | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | | | | | | | | | | | | | | | Yes | | 20 |
20.01 | | Property | | | | | | Timberlake Apartments | | | | No | | | | | | | | | | | | | | Yes | | 20.01 |
20.02 | | Property | | | | | | Madison Pointe Apartments | | | | No | | | | | | | | | | | | | | Yes | | 20.02 |
21 | | Loan | | 13 | | GSMC | | High Desert Gateway | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 80% of Closing Date NOI, first measured on the last day of the Fiscal Quarter ending December 31, 2013, (iii) Anchor Tenant Sweep unless borrower provides sufficient letters of credit (iv) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | Yes | | 21 |
22 | | Loan | | 20 | | JLC | | Fairplain Plaza | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Lease Sweep Period | | No | | | | | | | | | | | | | | Yes | | 22 |
23 | | Loan | | | | JLC | | DoubleTree El Paso | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x | | No | | | | | | | | | | | | | | Yes | | 23 |
24 | | Loan | | | | MC FiveMile | | Arrowhead and Entrada Apartments | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Debt Yield is less than 8.25% | | | | | | | | | | | | | | | | Yes | | 24 |
24.01 | | Property | | | | | | Entrada Apartments | | | | No | | | | | | | | | | | | | | Yes | | 24.01 |
24.02 | | Property | | | | | | Arrowhead Apartments | | | | No | | | | | | | | | | | | | | Yes | | 24.02 |
25 | | Loan | | | | GSMC | | Turnpike Distribution Center | | (i) the occurrence of an Event of Default, (ii) Cash flow sweep shall commence in the event that any tenant greater than 50,000 sf gives notice to vacate and ceases paying rent, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | Yes | | 25 |
26 | | Loan | | 13, 21 | | CGMRC | | Paoli Medical Office Park | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No | | | | | | | | | | | | | | Yes | | 26 |
27 | | Loan | | | | JLC | | Coral Springs Trade Center | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 8.50% | | No | | | | | | | | | | | | | | Yes | | 27 |
28 | | Loan | | | | GSMC | | Ross Plaza | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 85% of Closing Date NOI, (iii) PetSmart or Michael's vacates, (iv) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | Yes | | 28 |
29 | | Loan | | 13, 22 | | GSMC | | Hampton Inn University Charlottesville | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 85% of Closing Date NOI, (iii) January 1, 2016 or satisfaction of the New License Conditions, (iv) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | Yes | | 29 |
30 | | Loan | | | | CGMRC | | 1021 Swan Creek Drive | | (i) the occurrence of an Event of Default, (ii) the DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Bankruptcy Trigger, (iv) the termination, default, notice of termination, or failure of lease renewal for any Specified Tenant Lease | | No | | | | | | | | | | | | | | Yes | | 30 |
31 | | Loan | | 23 | | CGMRC | | The Shoppes at Beville Road | | (i) the occurrence of an Event of Default, (ii) Non-renewal of Publix lease as of February 1, 2016 | | No | | | | | | | | | | | | | | Yes | | 31 |
32 | | Loan | | | | JLC | | Imperial Chase | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No | | | | | | | | | | | | | | Yes | | 32 |
33 | | Loan | | | | AMF I | | Sethi Hotel Portfolio | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) cancellation, termination or expiration of any Franchise Agreement, (iv) the Holiday Inn Franchise Extension shall not have been effectuated prior to June 1, 2015. | | | | | | | | | | | | | | | | Yes | | 33 |
33.01 | | Property | | | | | | Holiday Inn Express Hotel & Suites Scott-Lafayette West | | | | No | | | | | | | | | | | | | | Yes | | 33.01 |
33.02 | | Property | | | | | | Hampton Inn & Suites Grenada | | | | No | | | | | | | | | | | | | | Yes | | 33.02 |
34 | | Loan | | | | JLC | | Brickyard Tower | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.00%, (iv) the commencement of a Lease Sweep Period | | No | | | | | | | | | | | | | | Yes | | 34 |
35 | | Loan | | | | JLC | | Pine Hill Apartments | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No | | | | | | | | | | | | | | Yes | | 35 |
36 | | Loan | | | | CGMRC | | 266 Broadway | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | | No | | | | | | | | | | | | | | Yes | | 36 |
37 | | Loan | | | | MC FiveMile | | Memorial Shopping Center | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Debt Yield is less than 8.0% | | No | | | | | | | | | | | | | | Yes | | 37 |
38 | | Loan | | 13, 24 | | GSMC | | Courtyard - Portland | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 70% of Closing Date NOI, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | Yes | | 38 |