GSMS 2014-GC22 Annex A | | | | | | | | | | | | | | |
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Control Number | | Loan / Property Flag | | Footnotes | | Mortgage Loan Seller | | Property Name | | Principal Equity Distribution | | Other Uses | | Total Uses | | Lockbox | | Cash Management | | Cash Management Triggers | | Ground Lease Y/N |
20 | | Loan | | 26, 27 | | CCRE | | Aventura Medical Office & Bank | | 0 | | 0 | | 20,107,784 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) Bankruptcy action of the Borrower, Guarantor or Manager, (iv) the occurrence of a Lease Trigger Period | | No |
21 | | Loan | | 28 | | SMF I | | Hyatt Place Charleston Airport | | 3,414,605 | | 0 | | 12,300,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) Franchise Trigger Event | | No |
22 | | Loan | | 29 | | SMF I | | Westwood Plaza | | 0 | | 0 | | 11,609,147 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) a Major Tenant Trigger Event | | No |
23 | | Loan | | | | GSMC | | Broadway Market Center | | 0 | | 0 | | 15,624,847 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 85% of Closing Date NOI, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Rollover Trigger Event | | No |
24 | | Loan | | 30 | | CCRE | | Coyote Ranch & Morningside MHC | | 1,711,957 | | 0 | | 10,520,000 | | Soft | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Bankruptcy action of the Borrower, Guarantor or Manager | | |
24.01 | | Property | | | | | | Coyote Ranch MHC | | | | | | | | | | | | | | No |
24.02 | | Property | | | | | | Morningside MHC | | | | | | | | | | | | | | No |
25 | | Loan | | 31, 32 | | SMF I | | Buffalo Grove Town Center | | 0 | | 0 | | 10,679,283 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) the Anticipated Repayment Date | | No |
26 | | Loan | | 11 | | CGMRC | | aloft Broomfield | | 0 | | 0 | | 14,965,135 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.40x, (iii) the occurrence of a Franchise Agreement Trigger Period, (iv) the occurrence of a Franchise Renewal Trigger Event, (v) the occurrence of a Manager Bankruptcy Event | | No |
27 | | Loan | | | | SMF I | | Myrtle Beach Medical | | 0 | | 0 | | 14,922,791 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) a Major Tenant Trigger Event | | No |
28 | | Loan | | 11, 33, 34 | | GSMC | | Hampton Inn Pineville | | 2,301,421 | | 0 | | 10,000,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No |
29 | | Loan | | | | GSMC | | Nitneil Portfolio I - Georgia | | 4,953,597 | | 0 | | 9,900,000 | | None | | None | | NAP | | |
29.01 | | Property | | | | | | Arnold | | | | | | | | | | | | | | No |
29.02 | | Property | | | | | | Hutchinson | | | | | | | | | | | | | | No |
29.03 | | Property | | | | | | Mt. Zion | | | | | | | | | | | | | | No |
30 | | Loan | | | | CGMRC | | Timber Development Portfolio | | 0 | | 0 | | 8,992,500 | | Soft Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | |
30.01 | | Property | | | | | | Plaza at Coal Township | | | | | | | | | | | | | | No |
30.02 | | Property | | | | | | Joshua Plaza | | | | | | | | | | | | | | No |
31 | | Loan | | | | GSMC | | Ivy Pointe Office Building | | 833,997 | | 0 | | 8,100,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 80% of Closing Date NOI, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Rollover Trigger Period | | No |
32 | | Loan | | | | GSMC | | Whitehall Tech Center III | | 991,441 | | 0 | | 8,050,000 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No |
33 | | Loan | | 35, 36 | | CGMRC | | 500 West 43rd Street | | 0 | | 0 | | 14,231,580 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.40x, (iii) the occurrence of Specified Tenant Trigger Period | | No |
34 | | Loan | | 11 | | CGMRC | | Bernardo Plaza Court | | 0 | | 0 | | 7,929,013 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of Specified Tenant Trigger Period | | No |
35 | | Loan | | | | CCRE | | Encore Plaza | | 0 | | 0 | | 7,435,942 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of the Borrower, Guarantor or Manager | | No |
36 | | Loan | | 37, 38 | | GSMC | | Two Research Park | | 405,393 | | 0 | | 7,200,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 80% of Closing Date NOI, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) occurrence of a Rollover Trigger Event | | Yes |
37 | | Loan | | 39 | | GSMC | | Olivewood Shopping Center Portfolio | | 0 | | 0 | | 10,843,783 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 85% of Closing Date NOI, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) Hobby Lobby fails to renew its lease prior to October 31, 2020 | | |
37.01 | | Property | | | | | | Olivewood Shopping Center | | | | | | | | | | | | | | No |
37.02 | | Property | | | | | | Big 5 Sporting Goods | | | | | | | | | | | | | | No |
38 | | Loan | | 11 | | CGMRC | | Scott Towne Center | | 0 | | 0 | | 9,184,026 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x | | No |
39 | | Loan | | | | CCRE | | Discovery Point Apartments | | 2,791,273 | | 0 | | 6,500,000 | | Soft | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) Bankruptcy action of the Borrower, Guarantor or Manager | | No |
40 | | Loan | | 40 | | CCRE | | Devon Madison | | 1,083,004 | | 0 | | 6,500,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) Bankruptcy action of the Borrower, Guarantor or Manager | | No |
41 | | Loan | | | | CGMRC | | Widewater Square | | 0 | | 0 | | 6,310,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) the occurrence of a Specified Tenant Trigger Period | | No |
42 | | Loan | | | | GSMC | | Whitehall Tech Center VII | | 188,062 | | 0 | | 5,900,000 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No |
43 | | Loan | | | | CGMRC | | Lowe's Home Improvement Altoona | | 0 | | 0 | | 5,864,000 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.50x, (iii) bankruptcy action of any specified tenant, (iv) termination or cancellation of any specified tenant lease, (v) monetary default by specified tenant, (vi) specified tenant failing to be in physical possession of the specified tenant space, (vii) specified tenant giving lease termination notice (viii) specified tenant fail to extend or renew lease | | No |
44 | | Loan | | 41 | | CCRE | | Omni East Shopping Center | | 1,836,778 | | 0 | | 5,400,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) Bankruptcy action of the Borrower, Guarantor or Manager, (iv) the occurrence of a Lease Trigger Period | | No |
45 | | Loan | | | | CGMRC | | Amsdell - Pittsburgh & Dallas Portfolio | | 1,089,421 | | 0 | | 5,389,373 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Debt yield falls below 8.25% | | |
45.01 | | Property | | | | | | Amsdell - Pittsburgh | | | | | | | | | | | | | | No |
45.02 | | Property | | | | | | Amsdell - Cedar Hill | | | | | | | | | | | | | | No |
46 | | Loan | | | | CGMRC | | Pine Creek Apartments | | 662,770 | | 0 | | 5,025,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No |
47 | | Loan | | | | SMF I | | Williamsburg East Apartments | | 1,207,593 | | 0 | | 5,000,000 | | None | | None | | NAP | | No |
48 | | Loan | | | | CGMRC | | Tioga Park Apartments | | 0 | | 0 | | 4,587,500 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No |
49 | | Loan | | | | CCRE | | Smoky Hill Village I | | 1,088,609 | | 0 | | 4,425,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of the Borrower, Guarantor or Manager | | No |
50 | | Loan | | 42, 43, 44, 45 | | CCRE | | 140 West Via Lola | | 2,675,328 | | 0 | | 4,400,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Bankruptcy action of the Borrower, Guarantor or Manager, (iv) the occurrence of a DISH Cash Trap Period | | No |
51 | | Loan | | | | CGMRC | | Tellus Alabama Self Storage Portfolio | | 0 | | 0 | | 4,491,921 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | |
51.01 | | Property | | | | | | Tellus Alabama Self Storage Portfolio - Grayson Valley | | | | | | | | | | | | | | No |
51.02 | | Property | | | | | | Tellus Alabama Self Storage Portfolio - Letson Farms | | | | | | | | | | | | | | No |
52 | | Loan | | 46 | | SMF I | | Grandview Plaza | | 995,814 | | 0 | | 3,850,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No |
53 | | Loan | | | | SMF I | | Muirwood Square | | 349,329 | | 0 | | 3,787,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x, (iii) the occurrence of a Rite Aid Trigger Event, (iv) the occurrence of a Applebee's Trigger Event | | No |
54 | | Loan | | | | CGMRC | | Store House - Indy | | 0 | | 0 | | 2,955,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No |
55 | | Loan | | 11 | | SMF I | | Century Plaza | | 0 | | 0 | | 2,975,462 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x | | No |
56 | | Loan | | | | CGMRC | | Marianna Center | | 96,483 | | 0 | | 2,750,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurance of a Wal-Mart Trigger | | No |
57 | | Loan | | | | CCRE | | Smoky Hill Village II | | 2,605,626 | | 0 | | 2,700,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of the Borrower, Guarantor or Manager | | No |
58 | | Loan | | | | CGMRC | | Briar Pointe Plaza | | 0 | | 0 | | 2,740,046 | | Soft | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurance of a Specified Tenant Trigger Period | | No |
59 | | Loan | | | | SMF I | | Normandy Square | | 0 | | 0 | | 3,334,602 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | No |