GSMS 2015-GS1 Annex A | | | | | | | | | | | | | | | | | | |
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Control Number | | Loan / Property Flag | | Footnotes | | Originator | | Mortgage Loan Seller | | Property Name | | Related Group | | Crossed Group | | Address | | City | | State | | Zip Code |
1 | | Loan | | 8, 9, 10 | | GSMC | | GSMC | | 590 Madison Avenue | | NAP | | NAP | | 590 Madison Avenue | | New York | | New York | | 10022 |
2 | | Loan | | 11, 12, 13 | | GSMC | | GSMC | | South Plains Mall | | NAP | | NAP | | 5702 and 6002 Slide Road | | Lubbock | | Texas | | 79414 |
3 | | Loan | | 11, 14, 15, 16 | | GSMC | | GSMC | | Westin Boston Waterfront | | NAP | | NAP | | 425 Summer Street | | Boston | | Massachusetts | | 02210 |
4 | | Loan | | 17 | | CCRE, GSMC | | GSMC | | Element LA | | NAP | | NAP | | 1861-1933 South Bundy Drive and 12333 West Olympic Boulevard | | Los Angeles | | California | | 90025; 90064 |
5 | | Loan | | 11, 18, 19 | | GSMC | | GSMC | | Glenbrook Square | | NAP | | NAP | | 4201 Coldwater Road | | Fort Wayne | | Indiana | | 46805 |
6 | | Loan | | 11, 20, 21, 22, 23 | | GSMC | | GSMC | | Hammons Hotel Portfolio | | NAP | | NAP | | | | | | | | |
6.01 | | Property | | 24 | | | | | | Embassy Suites Concord, NC | | | | | | 5400 John Q Hammons Drive Northwest | | Concord | | North Carolina | | 28027 |
6.02 | | Property | | | | | | | | Embassy Suites Murfreesboro, TN | | | | | | 1200 Conference Center Boulevard | | Murfreesboro | | Tennessee | | 37129 |
6.03 | | Property | | | | | | | | Embassy Suites Norman, OK | | | | | | 2501 Conference Drive | | Norman | | Oklahoma | | 73069 |
6.04 | | Property | | | | | | | | Courtyard by Marriott Dallas/Allen, TX | | | | | | 210 East Stacy Road | | Allen | | Texas | | 75002 |
6.05 | | Property | | 25 | | | | | | Renaissance by Marriott Phoenix/Glendale, AZ | | | | | | 9495 West Coyotes Boulevard, 6633 North 95th Street, 9460 Coyotes Street and 9494 West Maryland Avenue | | Glendale | | Arizona | | 85305 |
6.06 | | Property | | | | | | | | Embassy Suites Huntsville, AL | | | | | | 800 Monroe Street Southwest | | Huntsville | | Alabama | | 35801 |
6.07 | | Property | | | | | | | | Residence Inn by Marriott Kansas City, MO | | | | | | 10300 North Ambassador Drive | | Kansas City | | Missouri | | 64153 |
7 | | Loan | | | | GSMC | | GSMC | | Deerfield Crossing | | Group 1 | | NAP | | 5181 and 5191 Natorp Boulevard | | Mason | | Ohio | | 45040 |
8 | | Loan | | | | CCRE | | CCRE | | Clover Ridge East | | NAP | | NAP | | 1445 East Evergreen Drive | | Palatine | | Illinois | | 60074 |
9 | | Loan | | | | GSCRE | | GSMC | | Edgewater Crossing Apartments | | NAP | | NAP | | 204 Potters Bluff Drive | | Panama City Beach | | Florida | | 32407 |
10 | | Loan | | 26, 27 | | GSMC | | GSMC | | GSA Portfolio | | NAP | | NAP | | | | | | | | |
10.01 | | Property | | | | | | | | Mobile | | | | | | 550 Government Street | | Mobile | | Alabama | | 36602 |
10.02 | | Property | | | | | | | | Savannah | | | | | | 8 Southern Oaks Court | | Savannah | | Georgia | | 31405 |
10.03 | | Property | | 10 | | | | | | Covington | | | | | | 10155 Eagle Drive | | Covington | | Georgia | | 30014 |
10.04 | | Property | | | | | | | | Nashville | | | | | | 120 Athens Way | | Nashville | | Tennessee | | 37228 |
10.05 | | Property | | | | | | | | Memphis - Midtown | | | | | | 1330 Monroe Avenue | | Memphis | | Tennessee | | 38104 |
10.06 | | Property | | | | | | | | Atlanta | | | | | | 1699 Phoenix Parkway | | College Park | | Georgia | | 30349 |
10.07 | | Property | | | | | | | | Tallahassee | | | | | | 1961 Quail Grove Lane | | Tallahassee | | Florida | | 32311 |
10.08 | | Property | | | | | | | | Elizabethtown | | | | | | 591 Westport Road | | Elizabethtown | | Kentucky | | 42701 |
10.09 | | Property | | | | | | | | Greenville | | | | | | 2805 South Charles Boulevard | | Greenville | | North Carolina | | 27858 |
10.10 | | Property | | | | | | | | Birmingham | | | | | | 1972 Gadsden Highway | | Birmingham | | Alabama | | 35235 |
10.11 | | Property | | | | | | | | Paducah | | | | | | 4730 Village Square Drive | | Paducah | | Kentucky | | 42001 |
10.12 | | Property | | | | | | | | Little Rock | | | | | | 1520 Riverfront Drive | | Little Rock | | Arkansas | | 72202 |
10.13 | | Property | | | | | | | | Huntsville | | | | | | 4970 Research Drive Northwest | | Huntsville | | Alabama | | 35805 |
10.14 | | Property | | | | | | | | Columbus | | | | | | 3577 Bluecutt Road | | Columbus | | Mississippi | | 39705 |
10.15 | | Property | | | | | | | | Memphis - North | | | | | | 3602 Austin Peay Highway | | Memphis | | Tennessee | | 38128 |
10.16 | | Property | | | | | | | | Frankfort | | | | | | 140 Flynn Avenue | | Frankfort | | Kentucky | | 40601 |
10.17 | | Property | | | | | | | | Henderson | | | | | | 858 South Beckford Drive | | Henderson | | North Carolina | | 27536 |
10.18 | | Property | | | | | | | | Gadsden | | | | | | 204 Enterprise Drive | | Gadsden | | Alabama | | 35904 |
10.19 | | Property | | | | | | | | Bessemer | | | | | | 5475 Academy Way | | Bessemer | | Alabama | | 35022 |
10.20 | | Property | | | | | | | | Richmond | | | | | | 1060 Gibson Bay Drive | | Richmond | | Kentucky | | 40475 |
10.21 | | Property | | | | | | | | Tullahoma | | | | | | 717 Kings Lane | | Tullahoma | | Tennessee | | 37388 |
10.22 | | Property | | | | | | | | Fairhope | | | | | | 101 Courthouse Drive | | Fairhope | | Alabama | | 36532 |
10.23 | | Property | | | | | | | | Lawrenceburg | | | | | | 109 East Taylor Street | | Lawrenceburg | | Tennessee | | 38464 |
10.24 | | Property | | | | | | | | Moss Point | | | | | | 6000 Highway 63 | | Moss Point | | Mississippi | | 39563 |
11 | | Loan | | 11 | | GSMC | | GSMC | | Pine Creek Shopping Center | | NAP | | NAP | | 650 Freeman Lane | | Grass Valley | | California | | 95949 |
12 | | Loan | | | | CCRE | | CCRE | | Bernal Plaza | | NAP | | NAP | | 105-125 Bernal Road | | San Jose | | California | | 95119 |
13 | | Loan | | 11, 28, 29, 30, 31 | | GSMC | | GSMC | | DoubleTree Hotel Universal | | NAP | | NAP | | 5780 Major Boulevard | | Orlando | | Florida | | 32819 |
14 | | Loan | | 32 | | GSMC | | GSMC | | Lake Forest Place | | Group 1 | | NAP | | 4445 Lake Forest Drive | | Blue Ash | | Ohio | | 45242 |
15 | | Loan | | 11 | | GSMC | | GSMC | | East Viking Plaza | | NAP | | NAP | | 306-421 Viking Plaza Drive | | Cedar Falls | | Iowa | | 50613 |
16 | | Loan | | | | CCRE | | CCRE | | Latham Crossing & Crossroads Plaza | | NAP | | NAP | | 601 Troy Schenectady Road and 801 Loudon Road | | Latham | | New York | | 12110 |
17 | | Loan | | | | GSMC | | GSMC | | Firewheel Plaza Shopping Center | | Group 2 | | NAP | | 3001, 3003 and 3171 North President George Bush Turnpike and 1 Naaman Road | | Garland | | Texas | | 75040 |
18 | | Loan | | | | GSMC | | GSMC | | Country Creek Commons | | NAP | | NAP | | 4820-4978 North Adams Road | | Rochester | | Michigan | | 48306 |
19 | | Loan | | 11 | | GSMC | | GSMC | | Homewood Suites Charlotte | | NAP | | NAP | | 12030 Copper Way | | Charlotte | | North Carolina | | 28277 |
20 | | Loan | | | | GSMC | | GSMC | | TownePlace Suites Redding | | NAP | | NAP | | 2180 Larkspur Lane | | Redding | | California | | 96002 |
21 | | Loan | | | | GSMC | | GSMC | | Extra Space Storage Gaithersburg | | NAP | | NAP | | 18830 Woodfield Road | | Gaithersburg | | Maryland | | 20879 |
22 | | Loan | | | | CCRE | | CCRE | | City Plaza I, II & III | | NAP | | NAP | | 902, 1205 and 1214 East University Drive | | Granger | | Indiana | | 46530 |
23 | | Loan | | | | GSMC | | GSMC | | Walkers Village Shopping Center | | NAP | | NAP | | 111 Walkers Village Way | | Walkersville | | Maryland | | 21793 |
24 | | Loan | | | | CCRE | | CCRE | | Shaw’s Littleton, NH | | NAP | | NAP | | 625 Meadow Street | | Littleton | | New Hampshire | | 03561 |
25 | | Loan | | | | GSMC | | GSMC | | StorQuest Super Space | | NAP | | NAP | | 10815 Double R Boulevard | | Reno | | Nevada | | 89521 |
26 | | Loan | | | | CCRE | | CCRE | | Carthay Circle Garden Plaza | | NAP | | NAP | | 955 Carrillo Drive | | Los Angeles | | California | | 90048 |
27 | | Loan | | | | CCRE | | CCRE | | Fort Howard Square | | Group 3 | | NAP | | 410 South Columbia Avenue | | Rincon | | Georgia | | 31326 |
28 | | Loan | | | | GSMC | | GSMC | | All Storage Paloma Creek | | Group 2 | | NAP | | 26740 East University Drive | | Little Elm | | Texas | | 76227 |
29 | | Loan | | 33 | | GSMC | | GSMC | | Riverwalk Shopping Center | | NAP | | NAP | | 315 Riverside Parkway | | Rome | | Georgia | | 30161 |
30 | | Loan | | | | CCRE | | CCRE | | Conyers Crossing | | Group 3 | | NAP | | 1485-1527 Highway 138 Northeast | | Conyers | | Georgia | | 30013 |
31 | | Loan | | 34 | | CCRE | | CCRE | | 1300 West Belmont | | NAP | | NAP | | 1300 West Belmont Avenue | | Chicago | | Illinois | | 60657 |
32 | | Loan | | 11 | | GSMC | | GSMC | | Shops at Eagle Point | | Group 2 | | NAP | | 1521 North Custer Road | | McKinney | | Texas | | 75071 |
33 | | Loan | | 35 | | CCRE | | CCRE | | Berryland Shopping Center | | NAP | | NAP | | 145 West Pine Street | | Ponchatoula | | Louisiana | | 70454 |
34 | | Loan | | | | CCRE | | CCRE | | Newell Apartments | | NAP | | NAP | | 19-21, 23, 25 and 27 Caldwell Street | | Boston | | Massachusetts | | 02129 |
35 | | Loan | | | | GSMC | | GSMC | | Park Plaza Shopping Center | | NAP | | NAP | | 12975 Park Boulevard | | Seminole | | Florida | | 33776 |
36 | | Loan | | | | CCRE | | CCRE | | Farrell-Roeh MHC Portfolio | | NAP | | NAP | | | | | | | | |
36.01 | | Property | | | | | | | | Bayview Estates | | | | | | 400 South Harkless Drive | | Syracuse | | Indiana | | 46567 |
36.02 | | Property | | | | | | | | Eagles Nest Estates | | | | | | 877 East Highway 6 | | Ligonier | | Indiana | | 46767 |
37 | | Loan | | | | GSMC | | GSMC | | Fiesta Plaza | | NAP | | NAP | | 7520 South Rural Road | | Tempe | | Arizona | | 85283 |
38 | | Loan | | | | CCRE | | CCRE | | CVS Homosassa | | NAP | | NAP | | 3959 South Suncoast Boulevard | | Homosassa | | Florida | | 34448 |
39 | | Loan | | | | CCRE | | CCRE | | Wagon Trail Industrial | | NAP | | NAP | | 4255 A-B, 4385 Wagon Trail Avenue | | Las Vegas | | Nevada | | 89118 |
GSMS 2015-GS1 Annex A | | | | | | | | | | | | | | | | | | | |
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Control Number | | Loan / Property Flag | | | Amortization Type | | Interest Accrual Method | | Seasoning | | Original Interest-Only Period (Mos.) | | Remaining Interest-Only Period (Mos.) | | Original Term To Maturity (Mos.) | | Remaining Term To Maturity (Mos.) | | Original Amortization Term (Mos.) | | Remaining Amortization Term (Mos.) | | Origination Date |
1 | | Loan | | | Interest Only | | Actual/360 | | 1 | | 120 | | 119 | | 120 | | 119 | | 0 | | 0 | | 9/23/2015 |
2 | | Loan | | | Interest Only | | Actual/360 | | 0 | | 120 | | 120 | | 120 | | 120 | | 0 | | 0 | | 10/23/2015 |
3 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/27/2015 |
4 | | Loan | | | Interest Only | | Actual/360 | | 0 | | 120 | | 120 | | 120 | | 120 | | 0 | | 0 | | 10/9/2015 |
5 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 24 | | 24 | | 120 | | 120 | | 360 | | 360 | | 10/20/2015 |
6 | | Loan | | | Amortizing | | Actual/360 | | 2 | | 0 | | 0 | | 120 | | 118 | | 360 | | 358 | | 8/13/2015 |
6.01 | | Property | | | | | | | | | | | | | | | | | | | | | |
6.02 | | Property | | | | | | | | | | | | | | | | | | | | | |
6.03 | | Property | | | | | | | | | | | | | | | | | | | | | |
6.04 | | Property | | | | | | | | | | | | | | | | | | | | | |
6.05 | | Property | | | | | | | | | | | | | | | | | | | | | |
6.06 | | Property | | | | | | | | | | | | | | | | | | | | | |
6.07 | | Property | | | | | | | | | | | | | | | | | | | | | |
7 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 2 | | 36 | | 34 | | 120 | | 118 | | 360 | | 360 | | 8/21/2015 |
8 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 60 | | 60 | | 120 | | 120 | | 360 | | 360 | | 10/27/2015 |
9 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 1 | | 60 | | 59 | | 120 | | 119 | | 360 | | 360 | | 10/2/2015 |
10 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 12 | | 12 | | 120 | | 120 | | 360 | | 360 | | 10/13/2015 |
10.01 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.02 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.03 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.04 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.05 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.06 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.07 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.08 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.09 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.10 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.11 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.12 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.13 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.14 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.15 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.16 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.17 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.18 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.19 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.20 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.21 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.22 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.23 | | Property | | | | | | | | | | | | | | | | | | | | | |
10.24 | | Property | | | | | | | | | | | | | | | | | | | | | |
11 | | Loan | | | Interest Only | | Actual/360 | | 0 | | 120 | | 120 | | 120 | | 120 | | 0 | | 0 | | 10/26/2015 |
12 | | Loan | | | Interest Only | | Actual/360 | | 0 | | 120 | | 120 | | 120 | | 120 | | 0 | | 0 | | 10/15/2015 |
13 | | Loan | | | Amortizing | | Actual/360 | | 1 | | 0 | | 0 | | 120 | | 119 | | 360 | | 359 | | 9/10/2015 |
14 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 2 | | 36 | | 34 | | 120 | | 118 | | 360 | | 360 | | 8/21/2015 |
15 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 24 | | 24 | | 120 | | 120 | | 360 | | 360 | | 10/9/2015 |
16 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 1 | | 24 | | 23 | | 120 | | 119 | | 360 | | 360 | | 10/1/2015 |
17 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/16/2015 |
18 | | Loan | | | Amortizing | | Actual/360 | | 1 | | 0 | | 0 | | 120 | | 119 | | 360 | | 359 | | 9/30/2015 |
19 | | Loan | | | Amortizing | | Actual/360 | | 2 | | 0 | | 0 | | 120 | | 118 | | 300 | | 298 | | 8/25/2015 |
20 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/8/2015 |
21 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 1 | | 36 | | 35 | | 120 | | 119 | | 360 | | 360 | | 10/1/2015 |
22 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/26/2015 |
23 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 1 | | 60 | | 59 | | 120 | | 119 | | 360 | | 360 | | 10/2/2015 |
24 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/14/2015 |
25 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 60 | | 60 | | 120 | | 120 | | 360 | | 360 | | 10/28/2015 |
26 | | Loan | | | Interest Only | | Actual/360 | | 0 | | 120 | | 120 | | 120 | | 120 | | 0 | | 0 | | 10/22/2015 |
27 | | Loan | | | Interest Only | | Actual/360 | | 1 | | 120 | | 119 | | 120 | | 119 | | 0 | | 0 | | 9/30/2015 |
28 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/13/2015 |
29 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/28/2015 |
30 | | Loan | | | Interest Only | | Actual/360 | | 1 | | 120 | | 119 | | 120 | | 119 | | 0 | | 0 | | 9/30/2015 |
31 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 12 | | 12 | | 120 | | 120 | | 360 | | 360 | | 10/27/2015 |
32 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/26/2015 |
33 | | Loan | | | Amortizing | | Actual/360 | | 1 | | 0 | | 0 | | 120 | | 119 | | 360 | | 359 | | 9/22/2015 |
34 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 0 | | 24 | | 24 | | 120 | | 120 | | 360 | | 360 | | 10/19/2015 |
35 | | Loan | | | Interest Only | | Actual/360 | | 0 | | 120 | | 120 | | 120 | | 120 | | 0 | | 0 | | 10/23/2015 |
36 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/28/2015 |
36.01 | | Property | | | | | | | | | | | | | | | | | | | | | |
36.02 | | Property | | | | | | | | | | | | | | | | | | | | | |
37 | | Loan | | | Interest Only, Then Amortizing | | Actual/360 | | 1 | | 36 | | 35 | | 120 | | 119 | | 360 | | 360 | | 10/1/2015 |
38 | | Loan | | | Amortizing | | Actual/360 | | 0 | | 0 | | 0 | | 120 | | 120 | | 360 | | 360 | | 10/21/2015 |
39 | | Loan | | | Amortizing | | Actual/360 | | 1 | | 0 | | 0 | | 120 | | 119 | | 360 | | 359 | | 10/1/2015 |
GSMS 2015-GS1 Annex A | | | | | | | | | | | | | | | | | | |
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Control Number | | Loan / Property Flag | | Due Date | | First Due Date | | Last IO Due Date | | First P&I Due Date | | Maturity Date | | ARD (Yes / No) | | Final Maturity Date | | Grace Period- Late Fee | | Grace Period- Default | | Prepayment Provision (3) |
1 | | Loan | | 1 | | 11/1/2015 | | 10/6/2025 | | | | 10/6/2025 | | No | | | | 5 | | Later to occur of two business days following receipt of written notice or 5 days | | Lockout/0_>YM or 1%/25_Defeasance or >YM or 1%/88_0%/7 |
2 | | Loan | | 6 | | 12/6/2015 | | 11/6/2025 | | | | 11/6/2025 | | No | | | | 5 | | 0 | | Lockout/24_>YM or 1%/92_0%/4 |
3 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 3 days grace, once per trailing 12-month period | | 3 days grace, once per trailing 12-month period | | Lockout/24_Defeasance/92_0%/4 |
4 | | Loan | | 6 | | 12/6/2015 | | 11/6/2025 | | | | 11/6/2025 | | No | | | | 2 | | 0 | | Lockout/3_>YM or 1%/113_0%/4 |
5 | | Loan | | 6 | | 12/6/2015 | | 11/6/2017 | | 12/6/2017 | | 11/6/2025 | | No | | | | 0 | | 3 days grace, one time during the term of the loan, other than the payment due on the Maturity Date | | Lockout/24_Defeasance/92_0%/4 |
6 | | Loan | | 6 | | 10/6/2015 | | | | 10/6/2015 | | 9/6/2025 | | No | | | | 0 | | 0 | | Lockout/26_Defeasance/90_0%/4 |
6.01 | | Property | | | | | | | | | | | | | | | | | | | | |
6.02 | | Property | | | | | | | | | | | | | | | | | | | | |
6.03 | | Property | | | | | | | | | | | | | | | | | | | | |
6.04 | | Property | | | | | | | | | | | | | | | | | | | | |
6.05 | | Property | | | | | | | | | | | | | | | | | | | | |
6.06 | | Property | | | | | | | | | | | | | | | | | | | | |
6.07 | | Property | | | | | | | | | | | | | | | | | | | | |
7 | | Loan | | 6 | | 10/6/2015 | | 9/6/2018 | | 10/6/2018 | | 9/6/2025 | | No | | | | 0 | | 0 | | Lockout/26_Defeasance/90_0%/4 |
8 | | Loan | | 6 | | 12/6/2015 | | 11/6/2020 | | 12/6/2020 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
9 | | Loan | | 6 | | 11/6/2015 | | 10/6/2020 | | 11/6/2020 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/91_0%/4 |
10 | | Loan | | 6 | | 12/6/2015 | | 11/6/2016 | | 12/6/2016 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
10.01 | | Property | | | | | | | | | | | | | | | | | | | | |
10.02 | | Property | | | | | | | | | | | | | | | | | | | | |
10.03 | | Property | | | | | | | | | | | | | | | | | | | | |
10.04 | | Property | | | | | | | | | | | | | | | | | | | | |
10.05 | | Property | | | | | | | | | | | | | | | | | | | | |
10.06 | | Property | | | | | | | | | | | | | | | | | | | | |
10.07 | | Property | | | | | | | | | | | | | | | | | | | | |
10.08 | | Property | | | | | | | | | | | | | | | | | | | | |
10.09 | | Property | | | | | | | | | | | | | | | | | | | | |
10.10 | | Property | | | | | | | | | | | | | | | | | | | | |
10.11 | | Property | | | | | | | | | | | | | | | | | | | | |
10.12 | | Property | | | | | | | | | | | | | | | | | | | | |
10.13 | | Property | | | | | | | | | | | | | | | | | | | | |
10.14 | | Property | | | | | | | | | | | | | | | | | | | | |
10.15 | | Property | | | | | | | | | | | | | | | | | | | | |
10.16 | | Property | | | | | | | | | | | | | | | | | | | | |
10.17 | | Property | | | | | | | | | | | | | | | | | | | | |
10.18 | | Property | | | | | | | | | | | | | | | | | | | | |
10.19 | | Property | | | | | | | | | | | | | | | | | | | | |
10.20 | | Property | | | | | | | | | | | | | | | | | | | | |
10.21 | | Property | | | | | | | | | | | | | | | | | | | | |
10.22 | | Property | | | | | | | | | | | | | | | | | | | | |
10.23 | | Property | | | | | | | | | | | | | | | | | | | | |
10.24 | | Property | | | | | | | | | | | | | | | | | | | | |
11 | | Loan | | 6 | | 12/6/2015 | | 11/6/2025 | | | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
12 | | Loan | | 6 | | 12/6/2015 | | 11/6/2025 | | | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_>YM or 1%/92_0%/4 |
13 | | Loan | | 6 | | 11/6/2015 | | | | 11/6/2015 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/91_0%/4 |
14 | | Loan | | 6 | | 10/6/2015 | | 9/6/2018 | | 10/6/2018 | | 9/6/2025 | | No | | | | 0 | | 0 | | Lockout/26_Defeasance/90_0%/4 |
15 | | Loan | | 6 | | 12/6/2015 | | 11/6/2017 | | 12/6/2017 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/91_0%/5 |
16 | | Loan | | 6 | | 11/6/2015 | | 10/6/2017 | | 11/6/2017 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/92_0%/3 |
17 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
18 | | Loan | | 6 | | 11/6/2015 | | | | 11/6/2015 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/91_0%/4 |
19 | | Loan | | 6 | | 10/6/2015 | | | | 10/6/2015 | | 9/6/2025 | | No | | | | 15 | | 0 | | Lockout/26_Defeasance/90_0%/4 |
20 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
21 | | Loan | | 6 | | 11/6/2015 | | 10/6/2018 | | 11/6/2018 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/91_0%/4 |
22 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/93_0%/3 |
23 | | Loan | | 6 | | 11/6/2015 | | 10/6/2020 | | 11/6/2020 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/91_0%/4 |
24 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/93_0%/3 |
25 | | Loan | | 6 | | 12/6/2015 | | 11/6/2020 | | 12/6/2020 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
26 | | Loan | | 6 | | 12/6/2015 | | 11/6/2025 | | | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
27 | | Loan | | 6 | | 11/6/2015 | | 10/6/2025 | | | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/90_0%/5 |
28 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
29 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 5 days grace, once per calendar year | | 0 | | Lockout/24_Defeasance/92_0%/4 |
30 | | Loan | | 6 | | 11/6/2015 | | 10/6/2025 | | | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/90_0%/5 |
31 | | Loan | | 6 | | 12/6/2015 | | 11/6/2016 | | 12/6/2016 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/93_0%/3 |
32 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
33 | | Loan | | 6 | | 11/6/2015 | | | | 11/6/2015 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_>YM or 1%/91_0%/4 |
34 | | Loan | | 6 | | 12/6/2015 | | 11/6/2017 | | 12/6/2017 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/93_0%/3 |
35 | | Loan | | 6 | | 12/6/2015 | | 11/6/2025 | | | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/92_0%/4 |
36 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/93_0%/3 |
36.01 | | Property | | | | | | | | | | | | | | | | | | | | |
36.02 | | Property | | | | | | | | | | | | | | | | | | | | |
37 | | Loan | | 6 | | 11/6/2015 | | 10/6/2018 | | 11/6/2018 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_>YM or 1%/88_0%/7 |
38 | | Loan | | 6 | | 12/6/2015 | | | | 12/6/2015 | | 11/6/2025 | | No | | | | 0 | | 0 | | Lockout/24_Defeasance/93_0%/3 |
39 | | Loan | | 6 | | 11/6/2015 | | | | 11/6/2015 | | 10/6/2025 | | No | | | | 0 | | 0 | | Lockout/25_Defeasance/91_0%/4 |
GSMS 2015-GS1 Annex A | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
Control Number | | Loan / Property Flag | | Occupancy (%) (5) | | Occupancy Date | | ADR ($) | | RevPAR ($) | | Largest Tenant | | Largest Tenant Sq Ft | | Largest Tenant Lease Expiration (6) | | Second Largest Tenant | | Second Largest Tenant Sq Ft | | Second Largest Tenant Lease Expiration (6) |
1 | | Loan | | 77.9% | | 8/26/2015 | | NAP | | NAP | | IBM | | 121,055 | | 6/30/2025 | | Crowell & Moring | | 100,120 | | 2/29/2024 |
2 | | Loan | | 96.6% | | 9/30/2015 | | NAP | | NAP | | JCPenney | | 218,518 | | 7/31/2017 | | Dillard’s Women | | 162,755 | | 1/31/2017 |
3 | | Loan | | 76.1% | | 9/30/2015 | | 242.74 | | 184.65 | | NAP | | | | | | NAP | | | | |
4 | | Loan | | 100.0% | | 10/7/2015 | | NAP | | NAP | | Riot Games | | 284,037 | | 3/31/2030 | | NAP | | | | |
5 | | Loan | | 95.6% | | 8/31/2015 | | NAP | | NAP | | Macy’s | | 242,199 | | 1/31/2027 | | JCPenney | | 191,671 | | 5/31/2018 |
6 | | Loan | | 74.8% | | | | 130.39 | | 97.59 | | | | | | | | | | | | |
6.01 | | Property | | 75.5% | | 6/30/2015 | | 147.60 | | 111.43 | | NAP | | | | | | NAP | | | | |
6.02 | | Property | | 78.0% | | 6/30/2015 | | 134.42 | | 104.82 | | NAP | | | | | | NAP | | | | |
6.03 | | Property | | 74.3% | | 6/30/2015 | | 118.40 | | 87.99 | | NAP | | | | | | NAP | | | | |
6.04 | | Property | | 77.9% | | 6/30/2015 | | 115.61 | | 90.01 | | NAP | | | | | | NAP | | | | |
6.05 | | Property | | 63.8% | | 6/30/2015 | | 163.99 | | 104.66 | | NAP | | | | | | NAP | | | | |
6.06 | | Property | | 78.2% | | 6/30/2015 | | 114.52 | | 89.55 | | NAP | | | | | | NAP | | | | |
6.07 | | Property | | 80.9% | | 6/30/2015 | | 106.41 | | 86.03 | | NAP | | | | | | NAP | | | | |
7 | | Loan | | 93.2% | | 8/1/2015 | | NAP | | NAP | | Cengage Learning, Inc. | | 160,069 | | 7/31/2021 | | General Mills Sales, Inc. | | 18,717 | | 11/30/2020 |
8 | | Loan | | 96.0% | | 10/22/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
9 | | Loan | | 95.1% | | 8/24/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
10 | | Loan | | 91.7% | | | | NAP | | NAP | | | | | | | | | | | | |
10.01 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Mobile | | 50,816 | | 7/14/2018 | | NAP | | | | |
10.02 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Office of Disability Adjudication and Review - Savannah | | 17,969 | | 6/30/2018 | | Pardons/Parole - Savannah | | 17,969 | | 6/30/2016 |
10.03 | | Property | | 69.2% | | 10/1/2015 | | NAP | | NAP | | Office of Disability Adjudication and Review - Covington | | 16,543 | | 8/31/2020 | | Newton Medical | | 5,988 | | 8/1/2021 |
10.04 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Nashville | | 18,575 | | 7/31/2019 | | NAP | | | | |
10.05 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Midtown | | 21,250 | | 5/31/2020 | | NAP | | | | |
10.06 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Customs Enforcement - Atlanta | | 22,100 | | 9/30/2016 | | NAP | | | | |
10.07 | | Property | | 50.0% | | 10/1/2015 | | NAP | | NAP | | Office of Disability Adjudication and Review - Tallahassee | | 12,653 | | 10/31/2020 | | NAP | | | | |
10.08 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Elizabethtown | | 12,215 | | 1/6/2023 | | NAP | | | | |
10.09 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Greenville | | 13,775 | | 2/28/2023 | | NAP | | | | |
10.10 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Birmingham | | 16,544 | | 4/30/2019 | | NAP | | | | |
10.11 | | Property | | 50.0% | | 10/1/2015 | | NAP | | NAP | | Office of Disability Adjudication and Review - Paducah | | 11,500 | | 11/30/2018 | | NAP | | | | |
10.12 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Military Entrance Processing Station - Little Rock | | 23,495 | | 5/31/2017 | | NAP | | | | |
10.13 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Huntsville | | 13,000 | | 12/10/2017 | | NAP | | | | |
10.14 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Columbus | | 10,377 | | 8/14/2023 | | NAP | | | | |
10.15 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - North | | 12,545 | | 4/14/2020 | | NAP | | | | |
10.16 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Frankfort | | 14,124 | | 8/14/2017 | | NAP | | | | |
10.17 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Henderson | | 8,668 | | 11/18/2024 | | NAP | | | | |
10.18 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Gadsden | | 10,000 | | 11/7/2017 | | NAP | | | | |
10.19 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Bessemer | | 8,600 | | 7/14/2017 | | NAP | | | | |
10.20 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Richmond | | 7,189 | | 1/22/2022 | | NAP | | | | |
10.21 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Tullahoma | | 8,280 | | 9/30/2023 | | NAP | | | | |
10.22 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Fairhope | | 7,587 | | 6/30/2017 | | NAP | | | | |
10.23 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Lawrenceburg | | 6,260 | | 6/30/2022 | | NAP | | | | |
10.24 | | Property | | 100.0% | | 10/1/2015 | | NAP | | NAP | | Social Security Administration - Moss Point | | 7,071 | | 2/7/2022 | | NAP | | | | |
11 | | Loan | | 87.0% | | 10/6/2015 | | NAP | | NAP | | Raley’s | | 60,114 | | 4/30/2018 | | JCPenney | | 37,259 | | 11/30/2018 |
12 | | Loan | | 98.3% | | 10/8/2015 | | NAP | | NAP | | Ross Stores | | 31,529 | | 1/31/2020 | | Golds Gym | | 30,930 | | 5/31/2019 |
13 | | Loan | | 85.2% | | 7/31/2015 | | 91.75 | | 78.19 | | NAP | | | | | | NAP | | | | |
14 | | Loan | | 96.6% | | 8/1/2015 | | NAP | | NAP | | General Electric | | 55,842 | | 9/30/2018 | | Schulman Associates | | 28,688 | | 5/17/2019 |
15 | | Loan | | 94.5% | | 10/6/2015 | | NAP | | NAP | | Scheels (GL) | | 57,321 | | 2/29/2028 | | Michaels | | 17,392 | | 2/28/2025 |
16 | | Loan | | 99.7% | | 8/1/2015 | | NAP | | NAP | | Petsmart | | 27,106 | | 1/31/2019 | | Staples | | 24,006 | | 1/31/2022 |
17 | | Loan | | 90.0% | | 10/14/2015 | | NAP | | NAP | | Best Buy | | 45,000 | | 1/31/2018 | | Petco | | 15,000 | | 2/28/2023 |
18 | | Loan | | 89.2% | | 8/31/2015 | | NAP | | NAP | | Kroger | | 60,376 | | 2/28/2019 | | CVS | | 10,880 | | 6/30/2019 |
19 | | Loan | | 63.8% | | 7/31/2015 | | 143.90 | | 91.83 | | NAP | | | | | | NAP | | | | |
20 | | Loan | | 82.9% | | 8/31/2015 | | 108.74 | | 90.11 | | NAP | | | | | | NAP | | | | |
21 | | Loan | | 96.5% | | 9/30/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
22 | | Loan | | 85.5% | | 9/1/2015 | | NAP | | NAP | | Sizzle, LLC (Ruth’s Chris) | | 8,500 | | 7/28/2022 | | Eastlake Athletic | | 6,788 | | 12/14/2017 |
23 | | Loan | | 88.8% | | 8/1/2015 | | NAP | | NAP | | Safeway | | 38,410 | | 10/30/2020 | | CVS | | 11,995 | | 11/30/2025 |
24 | | Loan | | 100.0% | | 9/21/2015 | | NAP | | NAP | | Shaw’s Supermarket, Inc. | | 54,985 | | 2/28/2027 | | NAP | | | | |
25 | | Loan | | 99.5% | | 8/4/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
26 | | Loan | | 100.0% | | 10/21/2015 | | NAP | | NAP | | Industry Entertainment | | 8,275 | | 9/30/2018 | | Tao Creative, LLC | | 5,099 | | 12/31/2016 |
27 | | Loan | | 94.9% | | 8/28/2015 | | NAP | | NAP | | Goody’s | | 23,275 | | 1/31/2021 | | Fred’s | | 20,976 | | 10/31/2017 |
28 | | Loan | | 89.9% | | 10/5/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
29 | | Loan | | 96.1% | | 7/16/2015 | | NAP | | NAP | | Olive Garden | | 7,400 | | 7/31/2017 | | Las Palmas Mexican Restaurant | | 5,187 | | 1/31/2023 |
30 | | Loan | | 99.4% | | 6/13/2015 | | NAP | | NAP | | Burlington Coat Factory | | 83,552 | | 3/31/2019 | | Hobby Lobby | | 55,363 | | 5/31/2020 |
31 | | Loan | | 98.2% | | 7/30/2015 | | NAP | | NAP | | Rush Medical Center | | 5,811 | | 10/30/2020 | | Live Oak-Koff and Levy | | 3,776 | | 12/31/2018 |
32 | | Loan | | 89.6% | | 10/28/2015 | | NAP | | NAP | | Ernesto’s Fine Mexican Food | | 3,932 | | 4/30/2016 | | Leslie’s Pool Supply | | 3,135 | | 12/31/2018 |
33 | | Loan | | 84.3% | | 8/12/2015 | | NAP | | NAP | | Rouses | | 41,577 | | 4/30/2036 | | ColorTyme | | 7,500 | | 10/31/2018 |
34 | | Loan | | 100.0% | | 10/1/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
35 | | Loan | | 100.0% | | 8/1/2015 | | NAP | | NAP | | Winn Dixie | | 61,656 | | 10/9/2029 | | Sign of the Dolphin | | 5,000 | | 12/31/2018 |
36 | | Loan | | 73.7% | | | | NAP | | NAP | | | | | | | | | | | | |
36.01 | | Property | | 76.0% | | 8/26/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
36.02 | | Property | | 70.5% | | 8/26/2015 | | NAP | | NAP | | NAP | | | | | | NAP | | | | |
37 | | Loan | | 89.5% | | 10/1/2015 | | NAP | | NAP | | Alegrias Day Care | | 6,000 | | 9/30/2021 | | Pro Fitness Training | | 3,180 | | 8/31/2018 |
38 | | Loan | | 100.0% | | 10/15/2015 | | NAP | | NAP | | CVS | | 13,813 | | 11/25/2023 | | NAP | | | | |
39 | | Loan | | 100.0% | | 7/1/2015 | | NAP | | NAP | | The Nvision Companies | | 9,900 | | 5/31/2018 | | Graphicsland | | 6,400 | | 12/31/2020 |
GSMS 2015-GS1 Annex A | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
Control Number | | Loan / Property Flag | | Upfront Environmental Reserve ($) | | Ongoing Environmental Reserve ($) | | Upfront Other Reserve ($) | | Ongoing Other Reserve ($) | | Other Reserve Description | | Borrower Name | | Delaware Statutory Trust? | | Carve-out Guarantor | | Loan Purpose | | Loan Amount (sources) |
1 | | Loan | | 0 | | 0 | | 32,111,456 | | 0 | | Unfunded Obligations Reserve | | 590 Madison Avenue, LLC | | No | | None | | Refinance | | 369,366,000 |
2 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Macerich South Plains LP | | No | | Pacific Premier Retail Trust LLC | | Recapitalization | | 200,000,000 |
3 | | Loan | | 0 | | 0 | | 3,500,000 | | 62,500 | | Plaza Reserves Holdback ($3,000,000), Ground Rent Holdback ($500,000), Monthly Ground Rent Reserve ($62,500) | | DiamondRock Boston Owner, LLC and DiamondRock Boston Retail Owner, LLC | | No | | DiamondRock Hospitality Limited Partnership | | Recapitalization | | 205,000,000 |
4 | | Loan | | 193,750 | | 0 | | 0 | | 0 | | | | Hudson Element LA, LLC | | No | | Hudson Pacific Properties, L.P. | | Refinance | | 168,000,000 |
5 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | GGP-Glenbrook L.L.C. | | No | | GGP Limited Partnership | | Recapitalization | | 162,000,000 |
6 | | Loan | | 0 | | 0 | | 8,562,974 | | 98,159 | | PIP Reserve ($5,000,000 Renaissance Glendale, AZ, $1,940,000 Courtyard Allen, TX, $950,000 Residence Inn Kansas City, MO); Upfront Ground Rent Reserve ($672,974) and Monthly Ground Rent Reserve ($98,159) | | JQH-Allen Development, LLC, JQH-Concord Development, LLC, JQH-Glendale, AZ Development, LLC, Hammons of Huntsville, LLC, JQH-Kansas City Development, LLC, JQH-Murfreesboro Development, LLC and JQH-Norman Development, LLC | | No | | Revocable Trust of John Q. Hammons, Dated December 28, 1989, as Amended and Restated | | Refinance | | 250,800,000 |
6.01 | | Property | | | | | | | | | | | | | | | | | | | | |
6.02 | | Property | | | | | | | | | | | | | | | | | | | | |
6.03 | | Property | | | | | | | | | | | | | | | | | | | | |
6.04 | | Property | | | | | | | | | | | | | | | | | | | | |
6.05 | | Property | | | | | | | | | | | | | | | | | | | | |
6.06 | | Property | | | | | | | | | | | | | | | | | | | | |
6.07 | | Property | | | | | | | | | | | | | | | | | | | | |
7 | | Loan | | 0 | | 0 | | 365,962 | | 0 | | Unfunded Obligations Reserve | | GS-A Deerfield Crossing Owner LLC | | No | | Blue Ash Deerfield Holdings LLC | | Acquisition | | 31,950,000 |
8 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Clover Ridge Associates LLC | | No | | Alan J. Hayman and Andrew Hayman | | Acquisition | | 31,500,000 |
9 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Edgewater Crossings, Ltd. | | No | | J. Wallace Nall, Jr., Wesley L. Burnham, Jr., J. Wallace Nall, III, Paul M. Whatley, Jr. and Robert D. Reich, Jr. | | Refinance | | 31,200,000 |
10 | | Loan | | 0 | | 0 | | 500,000 | | 0 | | Cap-X/TILC Reserve | | MSDG Atlanta South, LLC, MSDG Bessemer, LLC, MSDG Birmingham, LLC, MSDG Columbus, LLC, MSDG Covington, LLC, MSDG Elizabethtown, LLC, MSDG Fairhope, LLC, MSDG Frankfort, LLC, MSDG Gadsden, LLC, MSDG Greenville, LLC, MSDG Henderson, LLC, MSDG Huntsville, LLC, MSDG Lawrenceburg, LLC, MSDG Little Rock, LLC, MSDG Memphis Midtown, LLC, MSDG Memphis North, LLC, MSDG Mobile, LLC, MSDG Moss Point, LLC, MSDG Nashville, LLC, MSDG Paducah, LLC, MSDG Richmond, LLC, MSDG Savannah, LLC, MSDG Tallahassee, LLC and MSDG Tullahoma, LLC | | No | | David G. Chandler and Darell Ray Pierce | | Refinance | | 54,768,750 |
10.01 | | Property | | | | | | | | | | | | | | | | | | | | |
10.02 | | Property | | | | | | | | | | | | | | | | | | | | |
10.03 | | Property | | | | | | | | | | | | | | | | | | | | |
10.04 | | Property | | | | | | | | | | | | | | | | | | | | |
10.05 | | Property | | | | | | | | | | | | | | | | | | | | |
10.06 | | Property | | | | | | | | | | | | | | | | | | | | |
10.07 | | Property | | | | | | | | | | | | | | | | | | | | |
10.08 | | Property | | | | | | | | | | | | | | | | | | | | |
10.09 | | Property | | | | | | | | | | | | | | | | | | | | |
10.10 | | Property | | | | | | | | | | | | | | | | | | | | |
10.11 | | Property | | | | | | | | | | | | | | | | | | | | |
10.12 | | Property | | | | | | | | | | | | | | | | | | | | |
10.13 | | Property | | | | | | | | | | | | | | | | | | | | |
10.14 | | Property | | | | | | | | | | | | | | | | | | | | |
10.15 | | Property | | | | | | | | | | | | | | | | | | | | |
10.16 | | Property | | | | | | | | | | | | | | | | | | | | |
10.17 | | Property | | | | | | | | | | | | | | | | | | | | |
10.18 | | Property | | | | | | | | | | | | | | | | | | | | |
10.19 | | Property | | | | | | | | | | | | | | | | | | | | |
10.20 | | Property | | | | | | | | | | | | | | | | | | | | |
10.21 | | Property | | | | | | | | | | | | | | | | | | | | |
10.22 | | Property | | | | | | | | | | | | | | | | | | | | |
10.23 | | Property | | | | | | | | | | | | | | | | | | | | |
10.24 | | Property | | | | | | | | | | | | | | | | | | | | |
11 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Pine Creek Owner LLC | | No | | ACREG Investment Holdings LLC | | Acquisition | | 25,900,000 |
12 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Facchino/LaBarbera Bernal Plaza DE LLC | | No | | Michael T. LaBarbera and Robert B. Facchino, II | | Refinance | | 24,000,000 |
13 | | Loan | | 0 | | 0 | | 13,457,731 | | 0 | | PIP Reserve | | X Fund Properties LLC | | No | | Sagicor Real Estate X Fund Limited and X Fund Properties Limited | | Acquisition | | 51,000,000 |
14 | | Loan | | 17,500 | | 0 | | 142,198 | | 0 | | Unfunded Obligations Reserve | | GS-A Lake Forest Place Owner LLC | | No | | Blue Ash Deerfield Holdings LLC | | Acquisition | | 18,610,000 |
15 | | Loan | | 0 | | 0 | | 756,007 | | 0 | | Unfunded Obligations Reserve ($248,338); Expansion Obligations Reserve ($428,803); New Lease Reserve ($78,866) | | Midland Tarkenton, LLC | | No | | John I. Silverman | | Refinance | | 17,000,000 |
16 | | Loan | | 0 | | 0 | | 7,000 | | 0 | | Ground Lease Reserve | | Manorgate, Inc. | | No | | Eugene Weiss Terminating Trust f/k/a Eugene Weiss Revocable Trust | | Refinance | | 15,400,000 |
17 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Firewheel Shops, LLC | | No | | Jay Schuminsky | | Acquisition | | 14,500,000 |
18 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Eagle Creek Master LLC | | No | | Peter K. Burton and Robert M. Katzman | | Refinance | | 13,500,000 |
19 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Tara of Ballantyne LLC | | No | | Pratapkumar B. Patel, Yogendrakumar H. Patel and Hasmukh H. Patel | | Refinance | | 12,000,000 |
20 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Redding Hospitality, L.L.C. | | No | | Kelly Heil and John C. Della Penna | | Refinance | | 10,920,000 |
21 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Hexon Woodfield SS, LLC | | No | | John A. O’Donnell | | Refinance | | 9,000,000 |
22 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | City Plaza, LLC, Two City Plaza, LLC and Three City Plaza, LLC | | No | | Ryan C. Rans | | Refinance | | 8,250,000 |
23 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Walkers Village Sandstone Associates, LLC | | No | | Fredric A. Tomarchio | | Refinance | | 7,700,000 |
24 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Rattlesnake Northern, LLC | | No | | Steven J. Striar | | Refinance | | 7,500,000 |
25 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | 10815 Double R SP, LLC | | No | | William W. Hobin, Clark W. Porter and Timothy B. Hobin | | Acquisition | | 7,480,000 |
26 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | 955 Carrillo Drive, LLC | | No | | Babak Azizzadeh and John Landsberger | | Acquisition | | 7,250,000 |
27 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | WHLR-FT. Howard Square, LLC | | No | | Wheeler REIT, L.P. | | Acquisition | | 7,100,000 |
28 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Paloma Creek All Storage, Ltd. | | No | | Jay Schuminsky | | Refinance | | 7,000,000 |
29 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Riverside Crossing Partners, LLC | | No | | Robert H. Ledbetter, Jr. | | Refinance | | 6,600,000 |
30 | | Loan | | 15,000 | | 0 | | 0 | | 0 | | | | WHLR-Conyers Crossing, LLC | | No | | Wheeler REIT, L.P. | | Acquisition | | 5,960,000 |
31 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | F and S Limited Partnership | | No | | Marc A. Harris | | Refinance | | 5,600,000 |
32 | | Loan | | 0 | | 0 | | 114,291 | | 0 | | Unfunded Obligations Reserve | | Shops at Eagle Point, LP | | No | | Jay Schuminsky | | Recapitalization | | 5,500,000 |
33 | | Loan | | 0 | | 0 | | 473,233 | | 0 | | Anchor Tenant Rollover Reserve | | Victory Berryland, L.L.C. | | No | | Victory Real Estate Investments, LLC | | Refinance | | 5,100,000 |
34 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Raining Combos Caldwell LLC | | No | | Alexander J. Hodara, Vincent J. Vomero and Jeffrey M. Zucker | | Refinance | | 4,900,000 |
35 | | Loan | | 0 | | 0 | | 95,013 | | 0 | | Unfunded Obligations Reserve | | Park Plaza Shopping Center, LLC | | No | | David Lowry and Patricia Lowry | | Acquisition | | 4,550,000 |
36 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | FR Syracuse, LLC and FR Eagles Nest, LLC | | No | | John D. Strohm | | Refinance | | 4,200,000 |
36.01 | | Property | | | | | | | | | | | | | | | | | | | | |
36.02 | | Property | | | | | | | | | | | | | | | | | | | | |
37 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Fiesta Plaza Tempe, LLC | | No | | Jonathan M. Rayden | | Acquisition | | 3,740,000 |
38 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | Myrtle-Homosassa, LLC, Winwood-Homosassa 2, LLC and Winwood-Homosassa 3, LLC | | No | | Paul Amato and Enzo Bonura | | Acquisition | | 3,000,000 |
39 | | Loan | | 0 | | 0 | | 0 | | 0 | | | | ABI LLC | | No | | Alan Strusser | | Refinance | | 1,750,000 |
GSMS 2015-GS1 Annex A | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Control Number | | Loan / Property Flag | | Total Uses | | Lockbox | | Cash Management | | Cash Management Triggers | | Ground Lease Y/N | | Ground Lease Expiration Date | | Annual Ground Lease Payment ($) | | Cut-off Date Pari Passu Companion Loan Balance ($) | | Cut-off Date Subordinate Companion Loan Balance ($) | | Subordinate Companion Loan Interest Rate | | Cut-off Date Mezzanine Debt Balance ($) | | Mezzanine Debt Interest Rate | | Terrorism Insurance Required | | Control Number |
1 | | Loan | | 650,000,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | 269,366,000 | | 280,634,000 | | 3.81500% | | | | | | Yes | | 1 |
2 | | Loan | | 200,000,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.40x | | No | | | | | | 130,000,000 | | | | | | | | | | Yes | | 2 |
3 | | Loan | | 205,000,000 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.00%, (iii) failure to deliver financial statements as required in the Loan Agreement | | Yes | | 5/26/2099 | | 750,000 | | 135,000,000 | | | | | | | | | | Yes | | 3 |
4 | | Loan | | 168,000,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) Debt Yield is less than 6.75%, (iv) the occurrence of a Tenant Major Event, (v) the occurrence of a Guarantor Downgrade Sweep Event | | No | | | | | | 98,000,000 | | | | | | | | | | Yes | | 4 |
5 | | Loan | | 162,000,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | 102,000,000 | | | | | | | | | | Yes | | 5 |
6 | | Loan | | 250,800,000 | | 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 Franchise Trigger Event, (v) failure of Sponsor to maintain net worth and liquidity above the respective thresholds | | | | | | | | 205,079,002 | | | | | | | | | | Yes | | 6 |
6.01 | | Property | | | | | | | | | | Yes | | 12/9/2059 | | 0 | | | | | | | | | | | | Yes | | 6.01 |
6.02 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 6.02 |
6.03 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 6.03 |
6.04 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 6.04 |
6.05 | | Property | | | | | | | | | | Yes | | 1/29/2063 | | 1,419,741 | | | | | | | | | | | | Yes | | 6.05 |
6.06 | | Property | | | | | | | | | | Yes | | 2/15/2104 | | 224,595 | | | | | | | | | | | | Yes | | 6.06 |
6.07 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 6.07 |
7 | | Loan | | 42,083,800 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Specified Tenant Collection Period | | No | | | | | | | | | | | | | | | | Yes | | 7 |
8 | | Loan | | 41,963,860 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.10x | | No | | | | | | | | | | | | | | | | Yes | | 8 |
9 | | Loan | | 31,328,646 | | None | | None | | (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 | | No | | | | | | | | | | | | | | | | Yes | | 9 |
10 | | Loan | | 55,580,006 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement | | | | | | | | 27,384,375 | | | | | | | | | | Yes | | 10 |
10.01 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.01 |
10.02 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.02 |
10.03 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.03 |
10.04 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.04 |
10.05 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.05 |
10.06 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.06 |
10.07 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.07 |
10.08 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.08 |
10.09 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.09 |
10.10 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.10 |
10.11 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.11 |
10.12 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.12 |
10.13 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.13 |
10.14 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.14 |
10.15 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.15 |
10.16 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.16 |
10.17 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.17 |
10.18 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.18 |
10.19 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.19 |
10.20 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.20 |
10.21 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.21 |
10.22 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.22 |
10.23 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.23 |
10.24 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 10.24 |
11 | | Loan | | 38,504,277 | | Hard | | Springing | | (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, (iv) the occurrence of a Rollover Trigger Event | | No | | | | | | | | | | | | | | | | Yes | | 11 |
12 | | Loan | | 24,000,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.10x | | No | | | | | | | | | | | | | | | | Yes | | 12 |
13 | | Loan | | 89,519,818 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) so long as any PIP Requirements remain outstanding, failure of Sponsor to maintain net worth and liquidity above the respective thresholds | | No | | | | | | 31,465,734 | | | | | | | | | | Yes | | 13 |
14 | | Loan | | 25,172,028 | | Hard | | 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, (iv) the occurrence of a Specified Tenant Collection Period | | No | | | | | | | | | | | | | | | | Yes | | 14 |
15 | | Loan | | 17,000,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) beginning with the fiscal quarter ending December 31, 2016, DSCR is less than 1.10x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | | | Yes | | 15 |
16 | | Loan | | 15,400,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of a Lease Sweep Period | | Yes | | 5/31/2057 | | 21,000 | | | | | | | | | | | | Yes | | 16 |
17 | | Loan | | 24,325,068 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Critical Tenant Period | | No | | | | | | | | | | | | | | | | Yes | | 17 |
18 | | Loan | | 13,500,000 | | Springing | | 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 | | | | | | | | | | | | | | | | Yes | | 18 |
19 | | Loan | | 12,000,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | | | Yes | | 19 |
20 | | Loan | | 10,920,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Franchise Trigger Event | | No | | | | | | | | | | | | | | | | Yes | | 20 |
21 | | Loan | | 9,000,000 | | None | | None | | (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 | | | | | | | | | | | | | | | | Yes | | 21 |
22 | | Loan | | 8,250,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.10x | | No | | | | | | | | | | | | | | | | Yes | | 22 |
23 | | Loan | | 7,700,000 | | 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 Event | | No | | | | | | | | | | | | | | | | Yes | | 23 |
24 | | Loan | | 7,500,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of a Lease Sweep Period | | No | | | | | | | | | | | | | | | | Yes | | 24 |
25 | | Loan | | 10,857,049 | | None | | None | | (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 | | | | | | | | | | | | | | | | Yes | | 25 |
26 | | Loan | | 12,101,402 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.10x | | No | | | | | | | | | | | | | | | | Yes | | 26 |
27 | | Loan | | 11,626,870 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.15x | | No | | | | | | | | | | | | | | | | Yes | | 27 |
28 | | Loan | | 7,000,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | | | Yes | | 28 |
29 | | Loan | | 6,641,577 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | | | Yes | | 29 |
30 | | Loan | | 10,899,739 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of an Anchor Tenant Trigger Event | | No | | | | | | | | | | | | | | | | Yes | | 30 |
31 | | Loan | | 5,600,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.10x, (iv) Occupancy is less than 78% | | No | | | | | | | | | | | | | | | | Yes | | 31 |
32 | | Loan | | 5,500,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) failure to deliver financial statements as required in the Loan Agreement | | No | | | | | | | | | | | | | | | | Yes | | 32 |
33 | | Loan | | 5,100,000 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Guarantor or Manager, (iii) DSCR is less than 1.15x, (iv) the occurrence of an Anchor Tenant Trigger Event | | No | | | | | | | | | | | | | | | | Yes | | 33 |
34 | | Loan | | 4,900,000 | | Soft | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.10x | | No | | | | | | | | | | | | | | | | Yes | | 34 |
35 | | Loan | | 8,799,855 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.35x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Rollover Trigger Event | | No | | | | | | | | | | | | | | | | Yes | | 35 |
36 | | Loan | | 4,200,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.35x | | | | | | | | | | | | | | | | | | Yes | | 36 |
36.01 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 36.01 |
36.02 | | Property | | | | | | | | | | No | | | | | | | | | | | | | | | | Yes | | 36.02 |
37 | | Loan | | 5,904,720 | | Springing | | Springing | | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of an Alegrias Reserve Trigger Event | | No | | | | | | | | | | | | | | | | Yes | | 37 |
38 | | Loan | | 5,963,159 | | Hard | | In Place | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal or Manager, (iii) DSCR is less than 1.55x, (iv) the occurrence of a Lease Sweep Period | | No | | | | | | | | | | | | | | | | Yes | | 38 |
39 | | Loan | | 1,750,000 | | Hard | | Springing | | (i) the occurrence of an Event of Default, (ii) Bankruptcy action of Borrower, Principal, Guarantor or Manager, (iii) DSCR is less than 1.10x, (iv) the occurrence of a Lease Sweep Period | | No | | | | | | | | | | | | | | | | Yes | | 39 |
|
| |
Footnotes to Annex A |
| |
(1) | The Administrative Fee Rate includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Intellectual Mortgaged Property Royalty License Fee Rate applicable to each Mortgage Loan. |
| |
(2) | The monthly debt service shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period. |
| |
(3) | The open period is inclusive of the Maturity Date. |
| |
(4) | Underwritten NCF DSCR is calculated based on amortizing debt service payments (except for interest-only loans). |
| |
(5) | Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
| |
(6) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease. |
| |
(7) | If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Principal’s New Cash Contribution” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Principal’s New Cash Contribution” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated. |
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(8) | The Cut-off Date Principal Balance of $100,000,000 represents the non-controlling note A-2 of a $650,000,000 whole loan evidenced by three senior pari passu notes and one subordinate note B. The related companion loans are evidenced by the non-controlling note A-1, the non-controlling note A-3 and the controlling subordinate note B. Note A-1 ($169,366,000) and note B ($280,634,000), with an aggregate principal balance of $450,000,000 as of the Cut-off Date, are expected to be contributed to the GSMS 2015-590M transaction and note A-3, with a principal balance of $100,000,000 as of the Cut-off Date, is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate principal balance of the 590 Madison Senior Companion Loans. Based on the 590 Madison Whole Loan the Cut-off Date and Maturity Date LTV Ratios are both 43.3%, the DSCR Based on Underwritten NOI / NCF are 2.15x / 2.14x and the Debt Yield Based on Underwritten NOI / NCF are both 8.3%. |
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(9) | Two of the five largest tenants, Aspen Insurance and Bonhams, representing approximately 11.0% of the net rentable area, have signed leases but are not yet in occupancy or paying rent. We cannot assure you that either of these tenants will take occupancy and/or begin paying rent as expected or at all. |
(10) | For tenants with multiple lease expirations, the expiration date associated with the largest square footage is shown. |
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(11) | The Appraised Value presents the “As-Is” Appraised Value of the Mortgaged Property. The Cut-off Date LTV Ratio is calculated on the basis of such “As-Is” Appraised Value. The LTV Ratio at Maturity is calculated on the basis of the “As Stabilized” Appraised Value. |
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(12) | The Cut-off Date Principal Balance of $70,000,000 represents the controlling note A-1 of a $200,000,000 whole loan evidenced by three pari passu notes. The non-controlling companion loans, evidenced by note A-2 and note A-3 with an aggregate principal balance as of the Cut-off Date of $130,000,000, are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $200,000,000. |
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(13) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2015. For the purposes of this Free Writing Prospectus, the assumed lockout period of 24 payment dates is based on the expected GSMS 2015-GS1 securitization closing date of December 2015. The actual lockout period may be longer. |
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(14) | Ongoing ground lease reserve funds do not show percentage rent, which will begin escrowing in July 2016, estimated to be $77,881.85 monthly. |
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(15) | The Cut-off Date Principal Balance of $70,000,000 represents the controlling note A-1 of a $205,000,000 whole loan evidenced by three pari passu notes. The companion loans, evidenced by note A-2 and note A-3 with an aggregate principal balance of $135,000,000, are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $205,000,000. |
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(16) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2015. For the purposes of this Free Writing Prospectus, the assumed lockout period of 24 payment dates is based on the expected GSMS 2015-GS1 securitization closing date of December 2015. The actual lockout period may be longer. |
(17) | The Cut-off Date Principal Balance of $70,000,000 represents a non-controlling note of a $168,000,000 whole loan evidenced by three pari passu notes. The aggregate companion loan balance of $98,000,000 is evidenced by a controlling note with a principal balance of $84,000,000 as of the Cut-off Date which is currently held by Cantor Commercial Real Estate Lending, L.P. and a $14,000,000 non-controlling note, which is currently held by Goldman Sachs Mortgage Company, both of which are expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $168,000,000. |
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(18) | The Cut-off Date Principal Balance of $60,000,000 represents the controlling note A-1 of a $162,000,000 whole loan evidenced by two pari passu notes. The non-controlling companion loan, evidenced by note A-2 with a principal balance as of the Cut-off Date of $102,000,000, is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $162,000,000. |
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(19) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2015. For the purposes of this Free Writing Prospectus, the assumed lockout period of 24 payment dates is based on the expected GSMS 2015-GS1 securitization closing date of December 2015. The actual lockout period may be longer. |
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(20) | The Cut-off Date Principal Balance of $45,146,314 represents the non-controlling note A-3 of a $250,800,000 whole loan evidenced by four pari passu notes. The related companion loans are respectively evidenced by the controlling note A-1 with a principal balance of $99,770,859 as of the Cut-off Date, which was contributed to the Citigroup Commercial Mortgage Trust 2015-GC33, Commercial Mortgage Pass-Through Certificates, Series 2015-GC33 (“CGCMT 2015-GC33”) transaction, a non-controlling note A-2 with a principal balance of $72,333,873 as of the Cut-off Date, which was contributed to the Goldman Sachs Mortgage Securities Trust 2015-GC34, Commercial Mortgage Pass-Through Certificates Series 2015-GC34 (“GSMS 2015-GC34”) and note A-4 with an outstanding principal balance of $32,974,269, which is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $250,225,315. |
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(21) | The lockout period will be at least 26 payment dates beginning with and including the first payment date of October 6, 2015. For the purposes of this Free Writing Prospectus, the assumed lockout period of 26 payment dates is based on the expected GSMS 2015-GS1 securitization closing date of December 2015. The actual lockout period may be longer. |
(22) | The Appraised Value represents the aggregate “as-is” appraised value of the Hammons Hotel Portfolio Properties of $363,750,000 plus a $3,570,502 capital deduction related to franchise mandated capital improvements at the three Marriott Mortgaged Properties for which the borrowers reserved $7,890,000 for the estimated mandatory and additional elective capital improvement costs. The Cut-off Date LTV Ratio calculated on the basis of the aggregate “as-is” appraised value without adding the capital deduction is 68.9%. The LTV Ratio at Maturity is calculated on the basis of the “As Stabilized” Appraised Value. |
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(23) | Monthly Replacement Reserve is equal to: (a) on each due date from October 2015 through and including September 2016, $360,433, (b) beginning on the due date in October 2016, the greater of (1) the monthly amount required to be reserved for each Hammons Hotel Portfolio Mortgaged Property pursuant to the applicable franchise agreement for the replacement of furniture, fixtures and equipment and (2) one-twelfth of 4% of the operating income for each Hammons Hotel Portfolio Mortgaged Property (or, in the case of the Renaissance by Marriott Phoenix/Glendale, AZ Mortgaged Property beginning on the due date in October 2017, one-twelfth of 5% of the operating income) for the previous 12-month period (as determined on August 31 of each year). |
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(24) | Beginning November 21, 2022, Annual Ground Lease Payment shall be 0.25% of adjusted room sales for the previous calendar year (estimated $27,188). |
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(25) | Annual Ground Lease Payment for the Borrower’s space lease interest in the convention center, expo hall and parking garage is calculated based on the trailing 12 months as of June 30, 2015. The rent payment is calculated using a fixed component of $985,725 plus a variable component tied to revenue generated from the parking garage and expo hall. |
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(26) | The Cut-off Date Principal Balance of $27,384,375 represents the controlling note A-1 of a $54,768,750 whole loan evidenced by two pari passu notes. The companion loan, evidenced by note A-2 with a principal balance of $27,384,375, is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $54,768,750. |
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(27) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2015. For the purposes of this Free Writing Prospectus, the assumed lockout period of 24 payment dates is based on the expected GSMS 2015-GS1 securitization closing date of December 2015. The actual lockout period may be longer. |
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(28) | The Cut-off Date Principal Balance of $19,478,787 represents the non-controlling note A-2 of a $50,944,521 whole loan evidenced by three pari passu notes. The companion loans are evidenced by note A-1 with a principal balance as of the Cut-off Date of $18,479,875, which was contributed to the GSMS 2015-GC34 transaction and note A-3 with a principal balance as of the Cut-off Date of $12,985,858, which is expected to be contributed to one or more future securitization transactions. Cut-off Date LTV Ratio, LTV Ratio at Maturity, Underwritten NCF DSCR, Debt Yield on Underwritten Net Operating Income, Debt Yield on Underwritten Net Cash Flow and Loan Per Unit calculations are based on the aggregate Cut-off Date Balance of $51,000,000. |
(29) | The borrower is required to fund the Replacement Reserve (i) for the Due Dates occurring in November 2015 through October 2016, the amount of $98,485.33; (ii) for the Due Dates occurring in November 2016 through October 2018, the greater of (a) the monthly amount required to be reserved pursuant to the Franchise Agreement for the replacement of FF&E and (b) $0; (iii) for the Due Dates occurring in November 2018 through October 2019, the greater of (a) the monthly amount required to be reserved pursuant to the Franchise Agreement for the replacement of FF&E and (b) one-twelfth of 4% of the Operating Income of the Property for the previous twelve month period as determined on the anniversary of the last day of September; (iv) for the Due Dates occurring in November 2019 through October 2022, the greater of (a) the monthly amount required to be reserved pursuant to the Franchise Agreement for the replacement of FF&E and (b) one-twelfth of 5% of the Operating Income of the Property for the previous twelve month period as determined on the anniversary of the last day of September; and (v) for the Due Dates occurring in November 2022 through the payment in full of the Indebtedness, the greater of (a) the monthly amount required to be reserved pursuant to the Franchise Agreement for the replacement of FF&E and (b) one-twelfth of 6% of the Operating Income of the Property for the previous twelve month period as determined on the anniversary of the last day of September. |
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(30) | The appraised value represents the “as-is” appraised value of $76,000,000 plus a stated $13,457,731 PIP reserve for capital improvements at the related Mortgaged Property. The LTV Ratio at Maturity is calculated on the basis of the “As Stabilized” Appraised Value. |
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(31) | The lockout period will be at least 25 payment dates beginning with and including the first payment date of November 6, 2015. For the purposes of this Free Writing Prospectus, the assumed lockout period of 25 payment dates is based on the expected GSMS 2015-GS1 securitization closing date of December 2015. The actual lockout period may be longer. |
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(32) | The Cut-off Date LTV Ratio and Maturity Date LTV Ratio are each calculated based on the “as-is” appraised value of $23,000,000 plus a $1,819,000 capital deduction (for which the borrower reserved $1,819,300) related to planned capital projects. The Cut-off Date LTV Ratio and the Maturity Date LTV Ratio calculated without adjusting for the capital deduction are 80.9% and 70.8%, respectively. |
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(33) | The third largest tenant, Steak N’ Shake, representing approximately 14.1% of the net rentable area, is dark but paying rent. |
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(34) | The Replacement Reserve Monthly Deposit will be an amount equal to $1,279.58 for each Payment Date from December 6, 2015 through November 6, 2016 and will be $511.83 for each Payment Date thereafter. |
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(35) | Occupancy reflects Anchor Tenant “Rouses”, that has signed a lease, but is not yet in occupancy or may not be paying rent. The borrower at closing deposited an amount of $473,233 into an Anchor Tenant Reserve held by Lender for approved leasing expenses incurred following the date of origination solely in connection with the Anchor Tenant. Rouses is expected to take occupancy no later than April 15, 2016. |