Control Number | Loan / Property Flag | Footnotes | Property Name | Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address | City | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Units, Pads, Rooms, Sq Ft | Unit Description | Loan Per Unit ($) |
1 | Loan | 8, 9 | GSK North American HQ | GSMC | GSMC | NAP | NAP | 5 Crescent Drive and 4411 South Broad Street | Philadelphia | Pennsylvania | 19112 | Office | General Suburban | 2013 | NAP | 207,779 | SF | 409.81 |
2 | Loan | 10, 11, 12 | 1000 Wilshire | GSMC | GSMC | NAP | NAP | 1000 Wilshire Boulevard | Los Angeles | California | 90017 | Office | CBD | 1987 | 2017 | 477,774 | SF | 136.57 |
3 | Loan | | Aliso Creek Apartments | GSBI | GSMC | NAP | NAP | 24152 Hollyoak | Aliso Viejo | California | 92656 | Multifamily | Garden | 1987 | 2009, 2015-2017 | 535 | Units | 117,757.01 |
4 | Loan | | Commonwealth Centre | GSMC | GSMC | NAP | NAP | 14370 & 14360 Newbrook Drive | Chantilly | Virginia | 20151 | Office | General Suburban | 2007, 2008 | NAP | 316,081 | SF | 155.02 |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | GSMC | GSMC | NAP | NAP | | | | | | | | | NAP | NAP | NAP |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | | | | 2100 Killebrew Drive | Bloomington | Minnesota | 55425 | Ground Leased Land | Ground Leased Land | NAP | NAP | NAP | NAP | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | | | | 2141 Lindau Lane | Bloomington | Minnesota | 55425 | Ground Leased Land | Ground Leased Land | NAP | NAP | NAP | NAP | |
6 | Loan | 9, 14 | FXI Portfolio | GSMC | GSMC | NAP | NAP | | | | | | | | | 2,121,643 | SF | 33.73 |
6.01 | Property | | FXI Portland OR | | | | | 3900 Northeast 158th Avenue | Portland | Oregon | 97230 | Industrial | Manufacturing | 1972, 1987, 1990 | NAP | 186,116 | SF | |
6.02 | Property | | FXI Auburn IN | | | | | 2211 Wayne Street | Auburn | Indiana | 46706 | Industrial | Manufacturing | 1974 | 2002 | 434,174 | SF | |
6.03 | Property | | FXI Santa Teresa NM | | | | | 2500 Airport Road | Santa Teresa | New Mexico | 88008 | Industrial | Warehouse/Distribution | 1987 | NAP | 297,812 | SF | |
6.04 | Property | | FXI Verona MS | | | | | 154 Lipford Road | Verona | Mississippi | 38879 | Industrial | Manufacturing | 1972, 1993 | NAP | 323,300 | SF | |
6.05 | Property | | FXI Corry PA | | | | | 466 South Shady Avenue | Corry | Pennsylvania | 16407 | Industrial | Manufacturing | 1970 | 1986 | 277,805 | SF | |
6.06 | Property | | FXI Fort Wayne IN | | | | | 3005 Commercial Road | Fort Wayne | Indiana | 46809 | Industrial | Manufacturing | 1974 | NAP | 271,380 | SF | |
6.07 | Property | | FXI Cuautitlan MX | | | | | Canal No. 4 | Cuautitlan Izcalli | Mexico | NAP | Industrial | Warehouse/Distribution | 1997 | NAP | 331,056 | SF | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | GSMC | GSMC | NAP | NAP | | | | | | | | | 2,701,192 | SF | 39.17 |
7.01 | Property | | DialogDirect | | | | | 13700 Oakland Avenue and 350 Victor Street | Highland Park | Michigan | 48203 | Industrial | Warehouse/Distribution | 1958, 2000 | 2003 | 578,050 | SF | |
7.02 | Property | | JIT Packaging | | | | | 1717 Gifford Road | Elgin | Illinois | 60120 | Industrial | Warehouse/Distribution | 1968 | 2016 | 443,103 | SF | |
7.03 | Property | | Markel | | | | | 435 School Lane | Plymouth Meeting | Pennsylvania | 19462 | Industrial | Manufacturing | 1930 | 1977 | 167,666 | SF | |
7.04 | Property | | Dedicated Logistics | | | | | 8201 54th Avenue North | New Hope | Minnesota | 55428 | Industrial | Warehouse/Distribution | 1967 | 2011 | 355,185 | SF | |
7.05 | Property | | Wilbert | | | | | 4221 Otter Lake Road | White Bear Township | Minnesota | 55110 | Industrial | Manufacturing | 1989, 1996 | NAP | 296,876 | SF | |
7.06 | Property | | Matandy Steel | | | | | 999 East Avenue and 1140 & 1200 Central Avenue | Hamilton | Ohio | 45011 | Industrial | Manufacturing | 1997, 2000, 2009 | NAP | 174,170 | SF | |
7.07 | Property | | Landmark Plastics | | | | | 1331 Kelly Avenue | Akron | Ohio | 44306 | Industrial | Manufacturing | 1994 | NAP | 212,000 | SF | |
7.08 | Property | | Rohrer Corporation (OH) | | | | | 717 Seville Road | Wadsworth | Ohio | 44281 | Industrial | Manufacturing | 1979 | 1999 | 169,000 | SF | |
7.09 | Property | | Rohrer Corporation (IL) | | | | | 13701 George Bush Court | Huntley | Illinois | 60142 | Industrial | Warehouse/Distribution | 2004 | NAP | 90,000 | SF | |
7.10 | Property | | Rohrer Corporation (GA) | | | | | 1800 Enterprise | Buford | Georgia | 30518 | Industrial | Warehouse/Distribution | 1994 | NAP | 117,215 | SF | |
7.11 | Property | | AAP Metals | | | | | 811 Regal Row | Dallas | Texas | 75247 | Industrial | Manufacturing | 1957, 1958, 1966, 2000 | NAP | 97,927 | SF | |
8 | Loan | 9, 14 | Quality RV Resorts | GSMC | GSMC | NAP | NAP | | | | | | | | | 1,671 | Pads | 36,630.76 |
8.01 | Property | | Quality RV Resorts Lakeview | | | | | 11991 Main Street | Houston | Texas | 77035 | Manufactured Housing | RV Park | 2005 | NAP | 282 | Pads | |
8.02 | Property | | Quality RV Resorts Brazoria | | | | | 109 Stephen F. Austin Trail | Brazoria | Texas | 77422 | Manufactured Housing | RV Park | 2016 | NAP | 266 | Pads | |
8.03 | Property | | Quality RV Resorts Highway Six | | | | | 14350 Schiller Road | Houston | Texas | 77082 | Manufactured Housing | RV Park | 2016 | NAP | 218 | Pads | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | | | | 6103 South FM 565 Road | Baytown | Texas | 77523 | Manufactured Housing | RV Park | 2015 | NAP | 243 | Pads | |
8.05 | Property | | Quality RV Resorts Greenlake | | | | | 10842 Green Lake Street | San Antonio | Texas | 78223 | Manufactured Housing | RV Park | 2016 | NAP | 231 | Pads | |
8.06 | Property | | Quality RV Resorts Fallbrook | | | | | 3102 Fallbrook Drive | Houston | Texas | 77038 | Manufactured Housing | RV Park | 2014 | NAP | 186 | Pads | |
8.07 | Property | | Quality RV Resorts Southlake | | | | | 13701 Hycohen Road | Houston | Texas | 77047 | Manufactured Housing | RV Park | 2014 | NAP | 121 | Pads | |
8.08 | Property | | Quality RV Resorts Allstar | | | | | 10650 Southwest Plaza Court | Houston | Texas | 77074 | Manufactured Housing | RV Park | 1992 | NAP | 124 | Pads | |
9 | Loan | | Thorncreek Crossing | GSMC | GSMC | Group 1 | NAP | 901-1301 East 120th Avenue | Thornton | Colorado | 80233 | Retail | Anchored | 2001 | NAP | 212,127 | SF | 159.10 |
10 | Loan | | SanTan Village Marketplace | GSMC | GSMC | NAP | NAP | 2697-2817 South Market Street | Gilbert | Arizona | 85295 | Retail | Anchored | 2005-2007 | NAP | 285,581 | SF | 117.22 |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | GSMC | GSMC | NAP | NAP | 300-600 East Rio Salado Parkway | Tempe | Arizona | 85281 | Office | General Suburban | 2015-2017 | NAP | 2,031,293 | SF | 275.69 |
12 | Loan | | Dolwick Business Center | GSMC | GSMC | NAP | NAP | 1350-1360 Dolwick Drive | Erlanger | Kentucky | 41018 | Office | General Suburban | 1983 | 2005 | 225,783 | SF | 114.88 |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | GSMC | GSMC | NAP | NAP | 5500-5550 Hellyer Avenue | San Jose | California | 95138 | Industrial | Flex | 2000 | 2018 | 196,534 | SF | 130.04 |
14 | Loan | | Spring Hill Logistics Center | GSMC | GSMC | NAP | NAP | 701-715 Beechcroft Road | Spring Hill | Tennessee | 37174 | Industrial | Warehouse/Distribution | 2014, 2015 | NAP | 498,400 | SF | 50.16 |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | GSMC | GSMC | NAP | NAP | 3300 East 1st Avenue | Denver | Colorado | 80206 | Mixed Use | Office/Retail | 1978 | 2015-2016 | 97,770 | SF | 249.57 |
16 | Loan | 21 | The Commons | GSMC | GSMC | NAP | NAP | 6625-6675, 6795 South Virginia Street | Reno | Nevada | 89511 | Retail | Anchored | 2005 | NAP | 148,277 | SF | 145.00 |
17 | Loan | | Market at Crenshaw | GSMC | GSMC | NAP | NAP | 4531-4589 East Sam Houston Parkway South | Pasadena | Texas | 77505 | Retail | Anchored | 2015 | NAP | 105,315 | SF | 163.79 |
18 | Loan | 9, 14 | Davenport Commons | GSMC | GSMC | Group 1 | NAP | 5511-5811 Elmore Avenue | Davenport | Iowa | 52807 | Retail | Anchored | 2002, 2017 | NAP | 403,388 | SF | 86.77 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | GSBI | GSMC | NAP | NAP | 1401-1837 Athens Drive and 1345-1376 Nicholas Drive | Loveland | Ohio | 45140 | Multifamily | Townhomes | 2001, 2006, 2016-2018 | NAP | 135 | Units | 108,888.89 |
20 | Loan | | Naples Plaza | GSMC | GSMC | NAP | NAP | 1058-1090 3rd Avenue | Chula Vista | California | 91911 | Retail | Anchored | 1984, 2001 | NAP | 84,856 | SF | 149.67 |
21 | Loan | 12, 25 | Center at Pearland II | GSMC | GSMC | NAP | NAP | 2550 Pearland Parkway | Pearland | Texas | 77581 | Retail | Anchored | 2017 | NAP | 90,336 | SF | 137.27 |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | GSMC | GSMC | NAP | NAP | 3440 Secor Road | Toledo | Ohio | 43606 | Hospitality | Limited Service | 2016 | NAP | 106 | Rooms | 109,386.29 |
23 | Loan | | Arbor Plaza | GSMC | GSMC | Group 1 | NAP | 4600-4637 South Mason Street | Fort Collins | Colorado | 80525 | Retail | Shadow Anchored | 1986 | 2013 | 69,683 | SF | 155.71 |
24 | Loan | 9, 12, 27 | Two Democracy | GSMC | GSMC | NAP | NAP | 6707 Democracy Boulevard | Bethesda | Maryland | 20817 | Office | General Suburban | 1989 | NAP | 275,134 | SF | 90.48 |
25 | Loan | 28, 29 | Capital Complex | GSMC | GSMC | NAP | NAP | 1024 and 1025 Capital Center Drive | Frankfort | Kentucky | 40601 | Office | General Suburban | 1990, 1998 | NAP | 178,328 | SF | 54.32 |
26 | Loan | | Cabela’s Farmington | GSMC | GSMC | NAP | NAP | 391 North Cabela’s Drive | Farmington | Utah | 84025 | Retail | Single Tenant Retail | 2015 | NAP | 68,885 | SF | 133.56 |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | GSMC | GSMC | NAP | NAP | 1001 Mcclain Road | Bentonville | Arkansas | 72712 | Hospitality | Select Service | 1996 | 2011 | 90 | Rooms | 102,222.22 |
28 | Loan | | 20151 Nordhoff Street | GSMC | GSMC | NAP | NAP | 20151 Nordhoff Street | Chatsworth | California | 91311 | Office | General Suburban | 1966 | 1980, 2018 | 73,595 | SF | 122.29 |
29 | Loan | | Shallowford Exchange | GSMC | GSMC | NAP | NAP | 2558-2566 Shallowford Road Northeast | Atlanta | Georgia | 30345 | Retail | Anchored | 2002 | NAP | 46,291 | SF | 194.19 |
30 | Loan | | Roundhouse Campus | GSMC | GSMC | NAP | NAP | 125 Presumpscot Street | Portland | Maine | 04103 | Office | General Suburban | 1940 | 2006 | 66,058 | SF | 113.90 |
31 | Loan | | Shops at Spring Village | GSMC | GSMC | NAP | NAP | 2203 Spring Stuebner Road | Spring | Texas | 77389 | Retail | Shadow Anchored | 2017 | NAP | 20,938 | SF | 341.48 |
32 | Loan | | Moses Lake Town Center | GSMC | GSMC | NAP | NAP | 911 & 933 Stratford Road | Moses Lake | Washington | 98837 | Retail | Anchored | 1988, 2004 | 2013 | 58,075 | SF | 115.37 |
33 | Loan | | Dallas Commons | GSMC | GSMC | NAP | NAP | 457 Nathan Dean Parkway | Dallas | Georgia | 30132 | Retail | Shadow Anchored | 2005 | NAP | 25,158 | SF | 244.46 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Ownership Interest | Original Balance ($) | Cut-off Date Balance ($) | Allocated Cut-off Date Loan Amount ($) | % of Initial Pool Balance | Balloon Balance ($) | Mortgage Loan Rate (%) | Administrative Cost Rate (%) (1) | Net Mortgage Loan Rate (%) | Monthly Debt Service ($) (2) | Annual Debt Service ($) | Pari Passu Companion Loan Monthly Debt Service ($) | Pari Passu Companion Loan Annual Debt Service ($) | Amortization Type |
1 | Loan | 8, 9 | GSK North American HQ | Fee Simple | 75,150,000 | 75,150,000 | 75,150,000 | 9.3% | 75,150,000 | 4.11000% | 0.01681% | 4.09319% | 260,963.59 | 3,131,563.08 | 34,725.70 | 416,708.38 | Interest Only |
2 | Loan | 10, 11, 12 | 1000 Wilshire | Fee Simple | 65,250,000 | 65,250,000 | 65,250,000 | 8.0% | 65,250,000 | 3.37691570881226% | 0.01681% | 3.36010570881226% | 186,170.07 | 2,234,040.84 | | | Interest Only |
3 | Loan | | Aliso Creek Apartments | Fee Simple | 63,000,000 | 63,000,000 | 63,000,000 | 7.8% | 63,000,000 | 3.51928174603175% | 0.03431% | 3.48497174603175% | 187,328.43 | 2,247,941.16 | | | Interest Only |
4 | Loan | | Commonwealth Centre | Fee Simple | 49,000,000 | 49,000,000 | 49,000,000 | 6.0% | 49,000,000 | 3.98600% | 0.01681% | 3.96919% | 165,022.25 | 1,980,267.00 | | | Interest Only |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | | 43,336,000 | 43,336,000 | 43,336,000 | 5.3% | 43,336,000 | 5.12750% | 0.03431% | 5.09319% | 187,742.94 | 2,252,915.28 | | | Interest Only |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | Fee Simple | | | 23,000,000 | | | | | | | | | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | Subleased Air Rights | | | 20,336,000 | | | | | | | | | | |
6 | Loan | 9, 14 | FXI Portfolio | | 43,000,000 | 43,000,000 | 43,000,000 | 5.3% | 39,628,298 | 4.94050% | 0.01681% | 4.92369% | 229,272.18 | 2,751,266.16 | 152,279.39 | 1,827,352.68 | Interest Only, Then Amortizing |
6.01 | Property | | FXI Portland OR | Fee Simple | | | 8,779,067 | | | | | | | | | | |
6.02 | Property | | FXI Auburn IN | Fee Simple | | | 7,493,153 | | | | | | | | | | |
6.03 | Property | | FXI Santa Teresa NM | Fee Simple | | | 6,838,178 | | | | | | | | | | |
6.04 | Property | | FXI Verona MS | Fee Simple | | | 6,093,069 | | | | | | | | | | |
6.05 | Property | | FXI Corry PA | Fee Simple | | | 4,837,200 | | | | | | | | | | |
6.06 | Property | | FXI Fort Wayne IN | Fee Simple | | | 4,753,074 | | | | | | | | | | |
6.07 | Property | | FXI Cuautitlan MX | Fee Simple | | | 4,206,260 | | | | | | | | | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | | 41,800,000 | 41,800,000 | 41,800,000 | 5.2% | 41,800,000 | 4.52400% | 0.02681% | 4.49719% | 159,774.69 | 1,917,296.28 | 244,631.12 | 2,935,573.39 | Interest Only |
7.01 | Property | | DialogDirect | Fee Simple | | | 9,667,732 | | | | | | | | | | |
7.02 | Property | | JIT Packaging | Fee Simple | | | 4,938,563 | | | | | | | | | | |
7.03 | Property | | Markel | Fee Simple | | | 4,468,412 | | | | | | | | | | |
7.04 | Property | | Dedicated Logistics | Fee Simple | | | 4,227,410 | | | | | | | | | | |
7.05 | Property | | Wilbert | Fee Simple | | | 4,014,064 | | | | | | | | | | |
7.06 | Property | | Matandy Steel | Fee Simple | | | 3,050,057 | | | | | | | | | | |
7.07 | Property | | Landmark Plastics | Fee Simple | | | 3,034,253 | | | | | | | | | | |
7.08 | Property | | Rohrer Corporation (OH) | Fee Simple | | | 2,805,104 | | | | | | | | | | |
7.09 | Property | | Rohrer Corporation (IL) | Fee Simple | | | 2,236,181 | | | | | | | | | | |
7.10 | Property | | Rohrer Corporation (GA) | Fee Simple | | | 1,813,440 | | | | | | | | | | |
7.11 | Property | | AAP Metals | Fee Simple | | | 1,544,783 | | | | | | | | | | |
8 | Loan | 9, 14 | Quality RV Resorts | | 35,000,000 | 35,000,000 | 35,000,000 | 4.3% | 32,209,532 | 4.84750% | 0.01681% | 4.83069% | 184,639.11 | 2,215,669.32 | 138,268.31 | 1,659,219.72 | Interest Only, Then Amortizing |
8.01 | Property | | Quality RV Resorts Lakeview | Fee Simple | | | 8,470,066 | | | | | | | | | | |
8.02 | Property | | Quality RV Resorts Brazoria | Fee Simple | | | 6,605,732 | | | | | | | | | | |
8.03 | Property | | Quality RV Resorts Highway Six | Fee Simple | | | 4,801,471 | | | | | | | | | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | Fee Simple | | | 3,947,146 | | | | | | | | | | |
8.05 | Property | | Quality RV Resorts Greenlake | Fee Simple | | | 3,459,789 | | | | | | | | | | |
8.06 | Property | | Quality RV Resorts Fallbrook | Fee Simple | | | 3,357,076 | | | | | | | | | | |
8.07 | Property | | Quality RV Resorts Southlake | Fee Simple | | | 2,230,444 | | | | | | | | | | |
8.08 | Property | | Quality RV Resorts Allstar | Fee Simple | | | 2,128,277 | | | | | | | | | | |
9 | Loan | | Thorncreek Crossing | Fee Simple | 33,750,000 | 33,750,000 | 33,750,000 | 4.2% | 29,629,378 | 4.62350% | 0.01681% | 4.60669% | 173,491.79 | 2,081,901.48 | | | Interest Only, Then Amortizing |
10 | Loan | | SanTan Village Marketplace | Fee Simple | 33,475,000 | 33,475,000 | 33,475,000 | 4.1% | 33,475,000 | 4.28200% | 0.01681% | 4.26519% | 121,108.99 | 1,453,307.88 | | | Interest Only |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | Leasehold | 27,500,000 | 27,500,000 | 27,500,000 | 3.4% | 27,500,000 | 3.55950% | 0.01556% | 3.54394% | 82,704.82 | 992,457.84 | 1,601,466.01 | 19,217,592.16 | Interest Only - ARD |
12 | Loan | | Dolwick Business Center | Fee Simple | 26,000,000 | 25,937,815 | 25,937,815 | 3.2% | 21,199,636 | 4.74400% | 0.01681% | 4.72719% | 135,534.29 | 1,626,411.48 | | | Amortizing |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | Fee Simple | 25,590,000 | 25,557,573 | 25,557,573 | 3.2% | 20,840,691 | 4.71100% | 0.01681% | 4.69419% | 132,888.66 | 1,594,663.92 | | | Amortizing |
14 | Loan | | Spring Hill Logistics Center | Fee Simple | 25,000,000 | 25,000,000 | 25,000,000 | 3.1% | 25,000,000 | 4.60850% | 0.04681% | 4.56169% | 97,343.89 | 1,168,126.68 | | | Interest Only |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | Fee Simple | 24,400,000 | 24,400,000 | 24,400,000 | 3.0% | 24,400,000 | 4.90000% | 0.01681% | 4.88319% | 101,017.13 | 1,212,205.56 | | | Interest Only |
16 | Loan | 21 | The Commons | Fee Simple | 21,500,000 | 21,500,000 | 21,500,000 | 2.7% | 18,390,088 | 4.55500% | 0.04681% | 4.50819% | 109,641.08 | 1,315,692.96 | | | Interest Only, Then Amortizing |
17 | Loan | | Market at Crenshaw | Fee Simple | 17,250,000 | 17,250,000 | 17,250,000 | 2.1% | 14,221,408 | 5.07900% | 0.01681% | 5.06219% | 93,436.37 | 1,121,236.44 | | | Amortizing |
18 | Loan | 9, 14 | Davenport Commons | Fee Simple | 15,000,000 | 15,000,000 | 15,000,000 | 1.9% | 13,855,771 | 5.09300% | 0.01681% | 5.07619% | 81,377.96 | 976,535.52 | 108,503.94 | 1,302,047.28 | Interest Only, Then Amortizing |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | Fee Simple | 14,700,000 | 14,700,000 | 14,700,000 | 1.8% | 12,032,692 | 4.86100% | 0.01681% | 4.84419% | 77,668.74 | 932,024.88 | | | Amortizing |
20 | Loan | | Naples Plaza | Fee Simple | 12,700,000 | 12,700,000 | 12,700,000 | 1.6% | 12,700,000 | 4.88400% | 0.05681% | 4.82719% | 52,406.90 | 628,882.80 | | | Interest Only |
21 | Loan | 12, 25 | Center at Pearland II | Fee Simple | 12,400,000 | 12,400,000 | 12,400,000 | 1.5% | 12,400,000 | 4.46950% | 0.01681% | 4.45269% | 46,826.29 | 561,915.48 | | | Interest Only |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | Fee Simple | 11,620,000 | 11,594,947 | 11,594,947 | 1.4% | 9,630,595 | 5.24250% | 0.03681% | 5.20569% | 64,112.10 | 769,345.20 | | | Amortizing |
23 | Loan | | Arbor Plaza | Fee Simple | 10,850,000 | 10,850,000 | 10,850,000 | 1.3% | 10,003,386 | 4.96900% | 0.01681% | 4.95219% | 58,039.76 | 696,477.12 | | | Interest Only, Then Amortizing |
24 | Loan | 9, 12, 27 | Two Democracy | Leasehold | 10,000,000 | 9,958,034 | 9,958,034 | 1.2% | 8,327,318 | 5.39150% | 0.01681% | 5.37469% | 56,100.03 | 673,200.36 | 84,150.05 | 1,009,800.60 | Amortizing - ARD |
25 | Loan | 28, 29 | Capital Complex | Fee Simple | 9,687,000 | 9,687,000 | 9,687,000 | 1.2% | 8,042,335 | 5.29700% | 0.05681% | 5.24019% | 53,774.32 | 645,291.84 | | | Amortizing |
26 | Loan | | Cabela’s Farmington | Fee Simple | 9,200,000 | 9,200,000 | 9,200,000 | 1.1% | 9,200,000 | 4.78650% | 0.01681% | 4.76969% | 37,206.17 | 446,474.04 | | | Interest Only |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | Fee Simple | 9,200,000 | 9,200,000 | 9,200,000 | 1.1% | 8,154,132 | 5.05400% | 0.05681% | 4.99719% | 49,691.66 | 596,299.92 | | | Interest Only, Then Amortizing |
28 | Loan | | 20151 Nordhoff Street | Fee Simple | 9,000,000 | 9,000,000 | 9,000,000 | 1.1% | 7,328,972 | 4.70650% | 0.01681% | 4.68969% | 46,712.57 | 560,550.84 | | | Amortizing |
29 | Loan | | Shallowford Exchange | Fee Simple | 9,000,000 | 8,989,414 | 8,989,414 | 1.1% | 7,428,043 | 5.11500% | 0.01681% | 5.09819% | 48,948.47 | 587,381.64 | | | Amortizing |
30 | Loan | | Roundhouse Campus | Fee Simple | 7,524,000 | 7,524,000 | 7,524,000 | 0.9% | 6,913,323 | 4.74850% | 0.01681% | 4.73169% | 39,241.94 | 470,903.28 | | | Interest Only, Then Amortizing |
31 | Loan | | Shops at Spring Village | Fee Simple | 7,150,000 | 7,150,000 | 7,150,000 | 0.9% | 6,597,161 | 5.01800% | 0.01681% | 5.00119% | 38,461.44 | 461,537.28 | | | Interest Only, Then Amortizing |
32 | Loan | | Moses Lake Town Center | Fee Simple | 6,700,000 | 6,700,000 | 6,700,000 | 0.8% | 6,700,000 | 4.67700% | 0.01681% | 4.66019% | 26,475.93 | 317,711.16 | | | Interest Only |
33 | Loan | | Dallas Commons | Fee Simple | 6,150,000 | 6,150,000 | 6,150,000 | 0.8% | 5,300,605 | 4.84550% | 0.08431% | 4.76119% | 32,436.27 | 389,235.24 | | | Interest Only, Then Amortizing |
Control Number | Loan / Property Flag | Footnotes | Property Name | Interest Accrual Method | Seasoning | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Due Date | First Due Date | Last IO Due Date | First P&I Due Date | Maturity Date / ARD | ARD (Yes / No) | Final Maturity Date | Grace Period- Late Fee | Grace Period- Default | Prepayment Provision (3) | 2015 EGI ($) |
1 | Loan | 8, 9 | GSK North American HQ | Actual/360 | 1 | 60 | 59 | 60 | 59 | 0 | 0 | 5/7/2018 | 6 | 7/6/2018 | 6/6/2023 | | 6/6/2023 | No | | 0 | 0 | Lockout/25_Defeasance/28_0%/7 | N/A |
2 | Loan | 10, 11, 12 | 1000 Wilshire | Actual/360 | 4 | 84 | 80 | 84 | 80 | 0 | 0 | 2/23/2018 | 6 | 4/6/2018 | 3/6/2025 | | 3/6/2025 | No | | 5 | 0 | Lockout/28_YM/51_0%/5 | 14,500,758 |
3 | Loan | | Aliso Creek Apartments | Actual/360 | 3 | 120 | 117 | 120 | 117 | 0 | 0 | 3/29/2018 | 6 | 5/6/2018 | 4/6/2028 | | 4/6/2028 | No | | 0 | 0 | Lockout/27_Defeasance/89_0%/4 | 10,988,804 |
4 | Loan | | Commonwealth Centre | Actual/360 | 2 | 120 | 118 | 120 | 118 | 0 | 0 | 4/11/2018 | 6 | 6/6/2018 | 5/6/2028 | | 5/6/2028 | No | | 0 | 0 | Lockout/26_Defeasance/87_0%/7 | 9,757,365 |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 6/14/2018 | 6 | 8/6/2018 | 7/6/2028 | | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/89_0%/7 | 1,788,569 |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | | | | | | | | | | | | | | | | | | | N/A |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | | | | | | | | | | | | | | | | | | | N/A |
6 | Loan | 9, 14 | FXI Portfolio | Actual/360 | 0 | 60 | 60 | 120 | 120 | 360 | 360 | 6/20/2018 | 6 | 8/6/2018 | 7/6/2023 | 8/6/2023 | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A |
6.01 | Property | | FXI Portland OR | | | | | | | | | | | | | | | | | | | | N/A |
6.02 | Property | | FXI Auburn IN | | | | | | | | | | | | | | | | | | | | N/A |
6.03 | Property | | FXI Santa Teresa NM | | | | | | | | | | | | | | | | | | | | N/A |
6.04 | Property | | FXI Verona MS | | | | | | | | | | | | | | | | | | | | N/A |
6.05 | Property | | FXI Corry PA | | | | | | | | | | | | | | | | | | | | N/A |
6.06 | Property | | FXI Fort Wayne IN | | | | | | | | | | | | | | | | | | | | N/A |
6.07 | Property | | FXI Cuautitlan MX | | | | | | | | | | | | | | | | | | | | N/A |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | Actual/360 | 4 | 120 | 116 | 120 | 116 | 0 | 0 | 3/2/2018 | 6 | 4/6/2018 | 3/6/2028 | | 3/6/2028 | No | | 3 | 0 | Lockout/28_Defeasance/88_0%/4 | 5,831,703 |
7.01 | Property | | DialogDirect | | | | | | | | | | | | | | | | | | | | N/A |
7.02 | Property | | JIT Packaging | | | | | | | | | | | | | | | | | | | | N/A |
7.03 | Property | | Markel | | | | | | | | | | | | | | | | | | | | N/A |
7.04 | Property | | Dedicated Logistics | | | | | | | | | | | | | | | | | | | | N/A |
7.05 | Property | | Wilbert | | | | | | | | | | | | | | | | | | | | N/A |
7.06 | Property | | Matandy Steel | | | | | | | | | | | | | | | | | | | | N/A |
7.07 | Property | | Landmark Plastics | | | | | | | | | | | | | | | | | | | | N/A |
7.08 | Property | | Rohrer Corporation (OH) | | | | | | | | | | | | | | | | | | | | N/A |
7.09 | Property | | Rohrer Corporation (IL) | | | | | | | | | | | | | | | | | | | | N/A |
7.10 | Property | | Rohrer Corporation (GA) | | | | | | | | | | | | | | | | | | | | N/A |
7.11 | Property | | AAP Metals | | | | | | | | | | | | | | | | | | | | N/A |
8 | Loan | 9, 14 | Quality RV Resorts | Actual/360 | 0 | 60 | 60 | 120 | 120 | 360 | 360 | 6/25/2018 | 6 | 8/6/2018 | 7/6/2023 | 8/6/2023 | 7/6/2028 | No | | 0 | 0 | Lockout/24_>YM or 1%/89_0%/7 | N/A |
8.01 | Property | | Quality RV Resorts Lakeview | | | | | | | | | | | | | | | | | | | | N/A |
8.02 | Property | | Quality RV Resorts Brazoria | | | | | | | | | | | | | | | | | | | | N/A |
8.03 | Property | | Quality RV Resorts Highway Six | | | | | | | | | | | | | | | | | | | | N/A |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | | | | | | | | | | | | | | | | | | | N/A |
8.05 | Property | | Quality RV Resorts Greenlake | | | | | | | | | | | | | | | | | | | | N/A |
8.06 | Property | | Quality RV Resorts Fallbrook | | | | | | | | | | | | | | | | | | | | N/A |
8.07 | Property | | Quality RV Resorts Southlake | | | | | | | | | | | | | | | | | | | | N/A |
8.08 | Property | | Quality RV Resorts Allstar | | | | | | | | | | | | | | | | | | | | N/A |
9 | Loan | | Thorncreek Crossing | Actual/360 | 2 | 36 | 34 | 120 | 118 | 360 | 360 | 4/11/2018 | 6 | 6/6/2018 | 5/6/2021 | 6/6/2021 | 5/6/2028 | No | | 0 | 0 | Lockout/26_>YM or 1%/90_0%/4 | 4,596,890 |
10 | Loan | | SanTan Village Marketplace | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 5/11/2018 | 6 | 7/6/2018 | 6/6/2028 | | 6/6/2028 | No | | 0 | 0 | Lockout/11_>YM or 1%/102_0%/7 | 5,563,340 |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | Actual/360 | 6 | 120 | 114 | 120 | 114 | 0 | 0 | 12/7/2017 | 6 | 2/6/2018 | 1/6/2028 | | 1/6/2028 | Yes | 1/6/2033 | 0 | 0 | Lockout/11_>YM or 1%/102_0%/7 | N/A |
12 | Loan | | Dolwick Business Center | Actual/360 | 2 | 0 | 0 | 120 | 118 | 360 | 358 | 5/4/2018 | 6 | 6/6/2018 | | 6/6/2018 | 5/6/2028 | No | | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | 3,237,898 |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 6/5/2018 | 6 | 7/6/2018 | | 7/6/2018 | 6/6/2028 | No | | 0 | 0 | Lockout/25_Defeasance/90_0%/5 | 2,619,344 |
14 | Loan | | Spring Hill Logistics Center | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 5/31/2018 | 6 | 7/6/2018 | 6/6/2028 | | 6/6/2028 | No | | 0 | 0 | Lockout/25_>YM or 1%/90_0%/5 | 1,605,622 |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 5/18/2018 | 6 | 7/6/2018 | 6/6/2028 | | 6/6/2028 | No | | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 1,095,373 |
16 | Loan | 21 | The Commons | Actual/360 | 0 | 24 | 24 | 120 | 120 | 360 | 360 | 6/20/2018 | 6 | 8/6/2018 | 7/6/2020 | 8/6/2020 | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A |
17 | Loan | | Market at Crenshaw | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 6/28/2018 | 6 | 8/6/2018 | | 8/6/2018 | 7/6/2028 | No | | 0 | 0 | Lockout/24_>YM or 1%/92_0%/4 | N/A |
18 | Loan | 9, 14 | Davenport Commons | Actual/360 | 0 | 60 | 60 | 120 | 120 | 360 | 360 | 7/3/2018 | 6 | 8/6/2018 | 7/6/2023 | 8/6/2023 | 7/6/2028 | No | | 0 | 0 | Lockout/24_>YM or 1%/92_0%/4 | 1,756,775 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 6/13/2018 | 6 | 8/6/2018 | | 8/6/2018 | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A |
20 | Loan | | Naples Plaza | Actual/360 | 2 | 120 | 118 | 120 | 118 | 0 | 0 | 4/17/2018 | 6 | 6/6/2018 | 5/6/2028 | | 5/6/2028 | No | | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A |
21 | Loan | 12, 25 | Center at Pearland II | Actual/360 | 2 | 120 | 118 | 120 | 118 | 0 | 0 | 5/2/2018 | 6 | 6/6/2018 | 5/6/2028 | | 5/6/2028 | No | | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | Actual/360 | 2 | 0 | 0 | 120 | 118 | 360 | 358 | 4/24/2018 | 6 | 6/6/2018 | | 6/6/2018 | 5/6/2028 | No | | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A |
23 | Loan | | Arbor Plaza | Actual/360 | 3 | 60 | 57 | 120 | 117 | 360 | 360 | 3/15/2018 | 6 | 5/6/2018 | 4/6/2023 | 5/6/2023 | 4/6/2028 | No | | 0 | 0 | Lockout/27_>YM or 1%/89_0%/4 | 1,110,173 |
24 | Loan | 9, 12, 27 | Two Democracy | Actual/360 | 4 | 0 | 0 | 120 | 116 | 360 | 356 | 2/15/2018 | 6 | 4/6/2018 | | 4/6/2018 | 3/6/2028 | Yes | 3/6/2033 | 0 | 0 | Lockout/28_Defeasance/88_0%/4 | 9,132,381 |
25 | Loan | 28, 29 | Capital Complex | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 6/13/2018 | 6 | 8/6/2018 | | 8/6/2018 | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | 1,578,421 |
26 | Loan | | Cabela’s Farmington | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 5/18/2018 | 6 | 7/6/2018 | 6/6/2028 | | 6/6/2028 | No | | 0 | 0 | Lockout/25_>YM or 1%/91_0%/4 | N/A |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | Actual/360 | 1 | 36 | 35 | 120 | 119 | 360 | 360 | 6/1/2018 | 6 | 7/6/2018 | 6/6/2021 | 7/6/2021 | 6/6/2028 | No | | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 2,770,176 |
28 | Loan | | 20151 Nordhoff Street | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 6/19/2018 | 6 | 8/6/2018 | | 8/6/2018 | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/92_0%/4 | N/A |
29 | Loan | | Shallowford Exchange | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 5/15/2018 | 6 | 7/6/2018 | | 7/6/2018 | 6/6/2028 | No | | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 991,509 |
30 | Loan | | Roundhouse Campus | Actual/360 | 1 | 60 | 59 | 120 | 119 | 360 | 360 | 5/24/2018 | 6 | 7/6/2018 | 6/6/2023 | 7/6/2023 | 6/6/2028 | No | | 0 | 0 | Lockout/25_Defeasance/91_0%/4 | 1,042,887 |
31 | Loan | | Shops at Spring Village | Actual/360 | 2 | 60 | 58 | 120 | 118 | 360 | 360 | 5/2/2018 | 6 | 6/6/2018 | 5/6/2023 | 6/6/2023 | 5/6/2028 | No | | 0 | 0 | Lockout/26_Defeasance/90_0%/4 | N/A |
32 | Loan | | Moses Lake Town Center | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 6/11/2018 | 6 | 8/6/2018 | 7/6/2028 | | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | 796,332 |
33 | Loan | | Dallas Commons | Actual/360 | 0 | 24 | 24 | 120 | 120 | 360 | 360 | 6/8/2018 | 6 | 8/6/2018 | 7/6/2020 | 8/6/2020 | 7/6/2028 | No | | 0 | 0 | Lockout/24_Defeasance/91_0%/5 | 848,058 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Debt Yield on Underwritten Net Operating Income (%) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NCF DSCR (x) (4) | Debt Yield on Underwritten Net Cash Flow (%) | Appraised Value ($) | Appraisal Date | As Stabilized Appraised Value ($) | As Stabilized Appraisal Date |
1 | Loan | 8, 9 | GSK North American HQ | 9,750,573 | 292,517 | 9,458,056 | 11.1% | 51,945 | 119,473 | 9,286,638 | 2.62 | 10.9% | 132,700,000 | 4/2/2018 | NAP | NAP |
2 | Loan | 10, 11, 12 | 1000 Wilshire | 18,695,053 | 8,097,977 | 10,597,076 | 16.2% | 115,178 | 319,176 | 10,162,723 | 4.55 | 15.6% | 197,500,000 | 1/29/2018 | 200,000,000 | 1/29/2019 |
3 | Loan | | Aliso Creek Apartments | 12,641,853 | 3,140,723 | 9,501,130 | 15.1% | 139,635 | 0 | 9,361,495 | 4.16 | 14.9% | 180,400,000 | 2/22/2018 | NAP | NAP |
4 | Loan | | Commonwealth Centre | 9,241,950 | 3,037,801 | 6,204,149 | 12.7% | 79,020 | 373,387 | 5,751,742 | 2.90 | 11.7% | 97,700,000 | 3/6/2018 | NAP | NAP |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | 3,230,453 | 17,205 | 3,213,248 | 7.4% | 0 | 0 | 3,213,248 | 1.43 | 7.4% | 68,400,000 | 4/17/2018 | NAP | NAP |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | N/A | N/A | 1,662,941 | | N/A | N/A | 1,662,941 | | | 37,400,000 | 4/17/2018 | NAP | NAP |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | N/A | N/A | 1,550,307 | | N/A | N/A | 1,550,307 | | | 31,000,000 | 4/17/2018 | NAP | NAP |
6 | Loan | 9, 14 | FXI Portfolio | 8,178,899 | 245,367 | 7,933,532 | 11.1% | 318,246 | 403,112 | 7,212,173 | 1.58 | 10.1% | 107,703,000 | Various | NAP | NAP |
6.01 | Property | | FXI Portland OR | N/A | N/A | 1,450,306 | | N/A | N/A | 1,387,026 | | | 21,070,000 | 4/4/2018 | NAP | NAP |
6.02 | Property | | FXI Auburn IN | N/A | N/A | 1,403,017 | | N/A | N/A | 1,255,398 | | | 18,600,000 | 3/29/2018 | NAP | NAP |
6.03 | Property | | FXI Santa Teresa NM | N/A | N/A | 1,181,350 | | N/A | N/A | 1,080,094 | | | 16,800,000 | 3/28/2018 | NAP | NAP |
6.04 | Property | | FXI Verona MS | N/A | N/A | 959,424 | | N/A | N/A | 849,502 | | | 14,800,000 | 5/22/2018 | NAP | NAP |
6.05 | Property | | FXI Corry PA | N/A | N/A | 832,876 | | N/A | N/A | 738,422 | | | 12,100,000 | 3/29/2018 | NAP | NAP |
6.06 | Property | | FXI Fort Wayne IN | N/A | N/A | 973,700 | | N/A | N/A | 881,431 | | | 11,900,000 | 3/29/2018 | NAP | NAP |
6.07 | Property | | FXI Cuautitlan MX | N/A | N/A | 1,132,858 | | N/A | N/A | 1,020,299 | | | 12,433,000 | 4/10/2018 | NAP | NAP |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | 13,162,158 | 3,008,954 | 10,153,204 | 9.6% | 270,119 | 513,226 | 9,369,858 | 1.93 | 8.9% | 157,000,000 | 1/31/2018 | NAP | NAP |
7.01 | Property | | DialogDirect | N/A | N/A | 2,180,013 | | N/A | N/A | 2,012,378 | | | 34,000,000 | 1/16/2018 | NAP | NAP |
7.02 | Property | | JIT Packaging | N/A | N/A | 1,262,722 | | N/A | N/A | 1,134,222 | | | 18,600,000 | 1/17/2018 | NAP | NAP |
7.03 | Property | | Markel | N/A | N/A | 1,041,468 | | N/A | N/A | 992,845 | | | 15,650,000 | 1/18/2018 | NAP | NAP |
7.04 | Property | | Dedicated Logistics | N/A | N/A | 1,026,453 | | N/A | N/A | 923,449 | | | 14,890,000 | 1/17/2018 | NAP | NAP |
7.05 | Property | | Wilbert | N/A | N/A | 1,013,052 | | N/A | N/A | 926,958 | | | 14,880,000 | 1/19/2018 | NAP | NAP |
7.06 | Property | | Matandy Steel | N/A | N/A | 714,488 | | N/A | N/A | 663,979 | | | 10,550,000 | 1/17/2018 | NAP | NAP |
7.07 | Property | | Landmark Plastics | N/A | N/A | 919,080 | | N/A | N/A | 857,600 | | | 10,920,000 | 1/23/2018 | NAP | NAP |
7.08 | Property | | Rohrer Corporation (OH) | N/A | N/A | 651,135 | | N/A | N/A | 602,125 | | | 10,090,000 | 1/23/2018 | NAP | NAP |
7.09 | Property | | Rohrer Corporation (IL) | N/A | N/A | 542,394 | | N/A | N/A | 516,294 | | | 8,200,000 | 1/17/2018 | NAP | NAP |
7.10 | Property | | Rohrer Corporation (GA) | N/A | N/A | 449,424 | | N/A | N/A | 415,431 | | | 6,250,000 | 1/30/2018 | NAP | NAP |
7.11 | Property | | AAP Metals | N/A | N/A | 352,977 | | N/A | N/A | 324,578 | | | 5,350,000 | 1/17/2018 | NAP | NAP |
8 | Loan | 9, 14 | Quality RV Resorts | 12,308,195 | 5,711,483 | 6,596,713 | 10.8% | 41,775 | 0 | 6,554,938 | 1.69 | 10.7% | 102,600,000 | 3/12/2018 | NAP | NAP |
8.01 | Property | | Quality RV Resorts Lakeview | N/A | N/A | 1,596,417 | | N/A | N/A | 1,586,307 | | | 24,900,000 | 3/12/2018 | NAP | NAP |
8.02 | Property | | Quality RV Resorts Brazoria | N/A | N/A | 1,245,032 | | N/A | N/A | 1,237,147 | | | 18,000,000 | 3/12/2018 | NAP | NAP |
8.03 | Property | | Quality RV Resorts Highway Six | N/A | N/A | 904,969 | | N/A | N/A | 899,238 | | | 14,500,000 | 3/12/2018 | NAP | NAP |
8.04 | Property | | Quality RV Resorts Mont Belvieu | N/A | N/A | 743,948 | | N/A | N/A | 739,237 | | | 12,400,000 | 3/12/2018 | NAP | NAP |
8.05 | Property | | Quality RV Resorts Greenlake | N/A | N/A | 652,092 | | N/A | N/A | 647,963 | | | 11,500,000 | 3/12/2018 | NAP | NAP |
8.06 | Property | | Quality RV Resorts Fallbrook | N/A | N/A | 632,733 | | N/A | N/A | 628,726 | | | 9,800,000 | 3/12/2018 | NAP | NAP |
8.07 | Property | | Quality RV Resorts Southlake | N/A | N/A | 420,389 | | N/A | N/A | 417,726 | | | 5,800,000 | 3/12/2018 | NAP | NAP |
8.08 | Property | | Quality RV Resorts Allstar | N/A | N/A | 401,132 | | N/A | N/A | 398,592 | | | 5,700,000 | 3/12/2018 | NAP | NAP |
9 | Loan | | Thorncreek Crossing | 4,939,693 | 1,383,814 | 3,555,879 | 10.5% | 27,709 | 125,931 | 3,402,239 | 1.63 | 10.1% | 47,000,000 | 2/23/2018 | NAP | NAP |
10 | Loan | | SanTan Village Marketplace | 5,652,230 | 1,227,405 | 4,424,825 | 13.2% | 53,634 | 183,794 | 4,187,398 | 2.88 | 12.5% | 52,770,000 | 3/20/2018 | NAP | NAP |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | 83,160,015 | 19,826,859 | 63,333,156 | 11.3% | 142,191 | 53,733 | 63,137,233 | 3.12 | 11.3% | 960,000,000 | 11/20/2017 | 989,000,000 | 4/1/2019 |
12 | Loan | | Dolwick Business Center | 4,050,085 | 1,224,918 | 2,825,167 | 10.9% | 45,157 | 80,522 | 2,699,489 | 1.66 | 10.4% | 36,500,000 | 3/28/2018 | NAP | NAP |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | 4,194,731 | 1,620,932 | 2,573,799 | 10.1% | 47,168 | 173,487 | 2,353,144 | 1.48 | 9.2% | 32,325,000 | 5/1/2018 | 35,775,000 | 7/1/2018 |
14 | Loan | | Spring Hill Logistics Center | 3,105,720 | 514,073 | 2,591,647 | 10.4% | 74,760 | 135,356 | 2,381,532 | 2.04 | 9.5% | 39,750,000 | 5/7/2018 | NAP | NAP |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | 3,227,804 | 1,249,679 | 1,978,125 | 8.1% | 19,554 | 49,141 | 1,909,430 | 1.58 | 7.8% | 37,900,000 | 4/19/2018 | 39,400,000 | 4/19/2019 |
16 | Loan | 21 | The Commons | 3,237,747 | 662,968 | 2,574,779 | 12.0% | 29,655 | 90,728 | 2,454,395 | 1.87 | 11.4% | 30,500,000 | 5/17/2018 | NAP | NAP |
17 | Loan | | Market at Crenshaw | 2,477,686 | 763,802 | 1,713,884 | 9.9% | 10,532 | 99,185 | 1,604,168 | 1.43 | 9.3% | 23,500,000 | 5/21/2018 | NAP | NAP |
18 | Loan | 9, 14 | Davenport Commons | 3,849,568 | 713,750 | 3,135,818 | 9.0% | 60,508 | 182,689 | 2,892,621 | 1.27 | 8.3% | 51,000,000 | 5/15/2018 | NAP | NAP |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | 1,818,448 | 666,804 | 1,151,644 | 8.9% | 33,750 | 0 | 1,117,894 | 1.20 | 8.6% | 20,620,000 | 3/20/2018 | 22,480,000 | 10/1/2018 |
20 | Loan | | Naples Plaza | 1,787,486 | 499,545 | 1,287,942 | 10.1% | 12,728 | 53,253 | 1,221,960 | 1.94 | 9.6% | 20,000,000 | 3/8/2018 | NAP | NAP |
21 | Loan | 12, 25 | Center at Pearland II | 1,842,390 | 539,804 | 1,302,586 | 10.5% | 13,550 | 42,072 | 1,246,964 | 2.22 | 10.1% | 19,470,000 | 3/22/2018 | 19,710,000 | 6/22/2018 |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | 3,619,556 | 1,991,488 | 1,628,068 | 14.0% | 144,782 | 0 | 1,483,285 | 1.93 | 12.8% | 16,600,000 | 3/13/2018 | 18,500,000 | 4/1/2022 |
23 | Loan | | Arbor Plaza | 1,565,262 | 527,322 | 1,037,940 | 9.6% | 10,320 | 57,105 | 970,515 | 1.39 | 8.9% | 15,500,000 | 2/25/2018 | NAP | NAP |
24 | Loan | 9, 12, 27 | Two Democracy | 8,818,283 | 5,142,445 | 3,675,838 | 14.8% | 55,027 | 201,574 | 3,419,237 | 2.03 | 13.7% | 65,900,000 | 12/19/2017 | 69,200,000 | 1/1/2021 |
25 | Loan | 28, 29 | Capital Complex | 1,577,779 | 404,835 | 1,172,944 | 12.1% | 35,666 | 9,766 | 1,127,512 | 1.75 | 11.6% | 14,101,000 | 5/6/2018 | NAP | NAP |
26 | Loan | | Cabela’s Farmington | 1,104,178 | 11,042 | 1,093,137 | 11.9% | 8,266 | 32,720 | 1,052,150 | 2.36 | 11.4% | 18,400,000 | 3/29/2018 | NAP | NAP |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | 3,073,978 | 1,854,778 | 1,219,200 | 13.3% | 122,959 | 0 | 1,096,241 | 1.84 | 11.9% | 11,000,000 | 4/1/2018 | 14,700,000 | 4/1/2020 |
28 | Loan | | 20151 Nordhoff Street | 1,575,400 | 508,654 | 1,066,746 | 11.9% | 11,775 | 24,955 | 1,030,016 | 1.84 | 11.4% | 18,450,000 | 1/19/2018 | NAP | NAP |
29 | Loan | | Shallowford Exchange | 1,110,268 | 330,550 | 779,717 | 8.7% | 6,944 | 24,541 | 748,233 | 1.27 | 8.3% | 12,800,000 | 4/3/2018 | NAP | NAP |
30 | Loan | | Roundhouse Campus | 1,192,928 | 346,366 | 846,562 | 11.3% | 17,836 | 51,065 | 777,661 | 1.65 | 10.3% | 11,600,000 | 4/11/2018 | NAP | NAP |
31 | Loan | | Shops at Spring Village | 888,526 | 222,998 | 665,528 | 9.3% | 4,188 | 4,442 | 656,898 | 1.42 | 9.2% | 11,140,000 | 3/19/2018 | NAP | NAP |
32 | Loan | | Moses Lake Town Center | 927,236 | 215,652 | 711,584 | 10.6% | 8,711 | 39,904 | 662,968 | 2.09 | 9.9% | 10,800,000 | 4/19/2018 | NAP | NAP |
33 | Loan | | Dallas Commons | 894,071 | 256,403 | 637,669 | 10.4% | 5,032 | 16,400 | 616,237 | 1.58 | 10.0% | 8,200,000 | 5/9/2018 | NAP | NAP |
Control Number | Loan / Property Flag | Footnotes | Property Name | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | 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) | Third Largest Tenant | Third Largest Tenant Sq Ft | Third Largest Tenant Lease Expiration (6) |
1 | Loan | 8, 9 | GSK North American HQ | 64.2% | 64.2% | 100.0% | 6/30/2018 | NAP | NAP | GSK | 207,779 | 9/30/2028 | NAP | | | NAP | | |
2 | Loan | 10, 11, 12 | 1000 Wilshire | 33.0% | 32.6% | 86.5% | 1/1/2018 | NAP | NAP | Wedbush Securities | 100,397 | 12/31/2025 | Buchalter Nemer | 95,235 | 11/30/2021 | Open Bank | 26,354 | 1/31/2025 |
3 | Loan | | Aliso Creek Apartments | 34.9% | 34.9% | 95.5% | 3/21/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
4 | Loan | | Commonwealth Centre | 50.2% | 50.2% | 100.0% | 4/1/2018 | NAP | NAP | CACI | 220,551 | 1/31/2029 | GSA | 95,530 | 11/14/2026 | NAP | | |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | 63.4% | 63.4% | NAP | | NAP | NAP | | | | | | | | | |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | | NAP | NAP | NAP | NAP | NAP | | | NAP | | | NAP | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | | NAP | NAP | NAP | NAP | NAP | | | NAP | | | NAP | | |
6 | Loan | 9, 14 | FXI Portfolio | 66.4% | 61.2% | 100.0% | | NAP | NAP | | | | | | | | | |
6.01 | Property | | FXI Portland OR | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 186,116 | 6/30/2038 | NAP | | | NAP | | |
6.02 | Property | | FXI Auburn IN | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 434,174 | 6/30/2038 | NAP | | | NAP | | |
6.03 | Property | | FXI Santa Teresa NM | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 297,812 | 6/30/2038 | NAP | | | NAP | | |
6.04 | Property | | FXI Verona MS | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 323,300 | 6/30/2038 | NAP | | | NAP | | |
6.05 | Property | | FXI Corry PA | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 277,805 | 6/30/2038 | NAP | | | NAP | | |
6.06 | Property | | FXI Fort Wayne IN | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 271,380 | 6/30/2038 | NAP | | | NAP | | |
6.07 | Property | | FXI Cuautitlan MX | | | 100.0% | 6/30/2018 | NAP | NAP | FXI | 331,056 | 6/30/2038 | NAP | | | NAP | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | 67.4% | 67.4% | 100.0% | | NAP | NAP | | | | | | | | | |
7.01 | Property | | DialogDirect | | | 100.0% | 6/30/2018 | NAP | NAP | DialogDirect, Inc. | 578,050 | 3/31/2030 | NAP | | | NAP | | |
7.02 | Property | | JIT Packaging | | | 100.0% | 6/30/2018 | NAP | NAP | JIT Packaging, LLC | 443,103 | 6/30/2028 | NAP | | | NAP | | |
7.03 | Property | | Markel | | | 100.0% | 6/30/2018 | NAP | NAP | Markel Corporation | 167,666 | 9/30/2030 | NAP | | | NAP | | |
7.04 | Property | | Dedicated Logistics | | | 100.0% | 6/30/2018 | NAP | NAP | Dedicated Logistics | 355,185 | 10/31/2032 | NAP | | | NAP | | |
7.05 | Property | | Wilbert | | | 100.0% | 6/30/2018 | NAP | NAP | Wilbert Plastic Services, Inc. | 296,876 | 12/31/2026 | NAP | | | NAP | | |
7.06 | Property | | Matandy Steel | | | 100.0% | 6/30/2018 | NAP | NAP | Matandy Steel & Metal Products | 174,170 | 12/31/2032 | NAP | | | NAP | | |
7.07 | Property | | Landmark Plastics | | | 100.0% | 6/30/2018 | NAP | NAP | Landmark Plastic Corporation | 212,000 | 4/30/2023 | NAP | | | NAP | | |
7.08 | Property | | Rohrer Corporation (OH) | | | 100.0% | 6/30/2018 | NAP | NAP | Rohrer Corporation | 169,000 | 12/31/2025 | NAP | | | NAP | | |
7.09 | Property | | Rohrer Corporation (IL) | | | 100.0% | 6/30/2018 | NAP | NAP | Rohrer Corporation | 90,000 | 12/31/2025 | NAP | | | NAP | | |
7.10 | Property | | Rohrer Corporation (GA) | | | 100.0% | 6/30/2018 | NAP | NAP | Rohrer Corporation | 117,215 | 12/31/2025 | NAP | | | NAP | | |
7.11 | Property | | AAP Metals | | | 100.0% | 6/30/2018 | NAP | NAP | AAP Metals | 97,927 | 5/31/2035 | NAP | | | NAP | | |
8 | Loan | 9, 14 | Quality RV Resorts | 59.7% | 54.9% | 86.3% | | NAP | NAP | | | | | | | | | |
8.01 | Property | | Quality RV Resorts Lakeview | | | 93.3% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.02 | Property | | Quality RV Resorts Brazoria | | | 91.0% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.03 | Property | | Quality RV Resorts Highway Six | | | 85.3% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | | 69.1% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.05 | Property | | Quality RV Resorts Greenlake | | | 87.4% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.06 | Property | | Quality RV Resorts Fallbrook | | | 87.6% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.07 | Property | | Quality RV Resorts Southlake | | | 89.3% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
8.08 | Property | | Quality RV Resorts Allstar | | | 88.7% | 2/7/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
9 | Loan | | Thorncreek Crossing | 71.8% | 63.0% | 100.0% | 3/1/2018 | NAP | NAP | Sprouts Farmers Market | 31,303 | 10/31/2020 | Barnes & Noble | 24,323 | 1/31/2020 | Michaels | 24,069 | 3/31/2022 |
10 | Loan | | SanTan Village Marketplace | 63.4% | 63.4% | 98.6% | 5/9/2018 | NAP | NAP | Jo-Ann Fabrics | 35,000 | 1/31/2026 | Big Lots | 34,182 | 1/31/2021 | Bed Bath & Beyond | 32,883 | 1/31/2021 |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | 58.3% | 56.6% | 99.5% | 12/7/2017 | NAP | NAP | State Farm (Building B) | 575,639 | 12/31/2042 | State Farm (Building E) | 426,902 | 12/31/2032 | State Farm (Building D) | 370,332 | 12/31/2035 |
12 | Loan | | Dolwick Business Center | 71.1% | 58.1% | 100.0% | 4/10/2018 | NAP | NAP | St. Elizabeth Healthcare | 133,077 | 5/31/2033 | Toyota Boshoku America | 52,975 | 12/31/2023 | Gap | 39,731 | 9/30/2022 |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | 71.5% | 58.3% | 100.0% | 5/30/2018 | NAP | NAP | Benchmark | 78,794 | 8/31/2025 | Genista | 63,897 | 6/30/2028 | Snap On | 53,843 | 12/31/2022 |
14 | Loan | | Spring Hill Logistics Center | 62.9% | 62.9% | 100.0% | 5/22/2018 | NAP | NAP | Comprehensive Logistics | 258,720 | 2/28/2021 | Magna Seating of America | 122,500 | 8/31/2022 | Tenneco Automotive | 117,180 | 11/30/2023 |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | 64.4% | 61.9% | 84.8% | 1/1/2018 | NAP | NAP | TruFit | 26,574 | 3/31/2033 | Dr. Rossow | 5,508 | 3/31/2025 | Aesthetic Surgery | 5,097 | 10/31/2023 |
16 | Loan | 21 | The Commons | 70.5% | 60.3% | 100.0% | 6/20/2018 | NAP | NAP | Total Wine & More | 29,118 | 1/31/2027 | DSW | 24,000 | 1/31/2022 | PetSmart | 22,599 | 8/31/2020 |
17 | Loan | | Market at Crenshaw | 73.4% | 60.5% | 100.0% | 6/22/2018 | NAP | NAP | Burlington | 55,000 | 2/28/2026 | Party City | 18,000 | 1/31/2026 | Tuesday Morning | 12,000 | 1/31/2026 |
18 | Loan | 9, 14 | Davenport Commons | 68.6% | 63.4% | 98.8% | 5/1/2018 | NAP | NAP | Walmart | 219,622 | 10/29/2022 | Dick’s Sporting Goods | 105,000 | 1/31/2033 | Hobby Lobby | 55,000 | 8/31/2032 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | 62.8% | 53.5% | 98.5% | 6/1/2018 | NAP | NAP | NAP | | | NAP | | | NAP | | |
20 | Loan | | Naples Plaza | 63.5% | 63.5% | 97.7% | 2/1/2018 | NAP | NAP | Northgate Gonzalez Market | 57,600 | 6/30/2031 | Shoes 4 Less | 4,736 | 3/31/2021 | Rent-A-Center | 4,696 | 1/31/2019 |
21 | Loan | 12, 25 | Center at Pearland II | 63.7% | 62.9% | 96.3% | 5/1/2018 | NAP | NAP | Academy Sports | 63,079 | 2/29/2032 | Carter’s | 5,000 | 3/31/2027 | First Watch | 3,746 | 7/31/2027 |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | 69.8% | 52.1% | 79.7% | 2/28/2018 | 115.55 | 92.07 | NAP | | | NAP | | | NAP | | |
23 | Loan | | Arbor Plaza | 70.0% | 64.5% | 98.6% | 3/1/2018 | NAP | NAP | College America | 13,136 | 7/31/2019 | Firestone (GL) | 10,000 | 4/30/2027 | Fazoli’s (GL) | 4,320 | 4/1/2021 |
24 | Loan | 9, 12, 27 | Two Democracy | 37.8% | 30.1% | 86.3% | 3/31/2018 | NAP | NAP | GSA/NIH | 229,324 | 7/19/2022 | Congressional Bank | 3,781 | 12/31/2018 | Corstone Corp. | 2,256 | 5/31/2019 |
25 | Loan | 28, 29 | Capital Complex | 68.7% | 57.0% | 99.1% | 5/1/2018 | NAP | NAP | Attorney General | 46,620 | 6/30/2021 | Council on Postsecondary Education | 35,694 | 6/30/2022 | Department of Financial Institutions | 24,528 | 6/30/2024 |
26 | Loan | | Cabela’s Farmington | 50.0% | 50.0% | 100.0% | 6/30/2018 | NAP | NAP | Cabela’s | 68,885 | 4/30/2042 | NAP | | | NAP | | |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | 68.0% | 55.5% | 63.5% | 4/30/2018 | 139.97 | 88.83 | NAP | | | NAP | | | NAP | | |
28 | Loan | | 20151 Nordhoff Street | 48.8% | 39.7% | 100.0% | 6/30/2018 | NAP | NAP | County of Los Angeles | 73,595 | 1/13/2026 | NAP | | | NAP | | |
29 | Loan | | Shallowford Exchange | 70.2% | 58.0% | 100.0% | 5/1/2018 | NAP | NAP | Publix | 27,888 | 1/31/2022 | Marco’s Pizza | 1,800 | 4/15/2022 | Tropical Smoothies Café | 1,272 | 4/30/2028 |
30 | Loan | | Roundhouse Campus | 64.9% | 59.6% | 100.0% | 5/22/2018 | NAP | NAP | Administrative Office of the Courts | 11,180 | 5/31/2027 | PC Construction Company | 7,500 | 6/30/2026 | HealthInfoNet | 7,464 | 10/10/2018 |
31 | Loan | | Shops at Spring Village | 64.2% | 59.2% | 100.0% | 4/25/2018 | NAP | NAP | KSF Orthopaedic | 2,920 | 3/1/2025 | Serenity Dental | 2,800 | 1/26/2028 | Shoku Asian Restaurant | 2,400 | 3/1/2028 |
32 | Loan | | Moses Lake Town Center | 62.0% | 62.0% | 100.0% | 5/22/2018 | NAP | NAP | Ross Dress For Less | 24,987 | 1/31/2024 | Petco | 12,574 | 5/31/2023 | Famous Footwear | 5,998 | 3/31/2023 |
33 | Loan | | Dallas Commons | 75.0% | 64.6% | 95.5% | 4/1/2018 | NAP | NAP | La Cocina | 4,576 | 12/31/2020 | Dallas Dental | 2,110 | 3/31/2023 | Subway | 1,600 | 11/30/2025 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Fourth Largest Tenant | Fourth Largest Tenant Sq Ft | Fourth Largest Tenant Lease Expiration (6) | Fifth Largest Tenant | Fifth Largest Tenant Sq Ft | Fifth Largest Tenant Lease Expiration (6) | Environmental Phase I Report Date | Environmental Phase II | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Earthquake Insurance Required | Upfront RE Tax Reserve ($) | Ongoing RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Ongoing Insurance Reserve ($) |
1 | Loan | 8, 9 | GSK North American HQ | NAP | | | NAP | | | 3/12/2018 | No | NAP | 3/14/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
2 | Loan | 10, 11, 12 | 1000 Wilshire | Frandzel Robins | 24,240 | 3/31/2023 | Starr Indemnity & Liability | 23,648 | 4/30/2025 | 12/19/2017 | No | NAP | 12/19/2017 | 12/18/2017 | 10% | No | 0 | 0 | 0 | 0 |
3 | Loan | | Aliso Creek Apartments | NAP | | | NAP | | | 2/28/2018 | No | NAP | 2/28/2018 | 2/27/2018 | 7% | No | 58,053 | 58,053 | 0 | 0 |
4 | Loan | | Commonwealth Centre | NAP | | | NAP | | | 3/8/2018 | No | NAP | 3/8/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | | | | | | | | | | | | | No | 0 | 0 | 3,315 | 0 |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | NAP | | | NAP | | | 4/30/2018 | No | NAP | NAP | NAP | NAP | No | | | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | NAP | | | NAP | | | 4/30/2018 | No | NAP | NAP | NAP | NAP | No | | | | |
6 | Loan | 9, 14 | FXI Portfolio | | | | | | | | | | | | | No | 0 | 0 | 0 | 0 |
6.01 | Property | | FXI Portland OR | NAP | | | NAP | | | 3/22/2018 | No | NAP | 3/23/2018 | 3/22/2018 | 6% | No | | | | |
6.02 | Property | | FXI Auburn IN | NAP | | | NAP | | | 3/22/2018 | No | NAP | 3/23/2018 | NAP | NAP | No | | | | |
6.03 | Property | | FXI Santa Teresa NM | NAP | | | NAP | | | 3/21/2018 | No | NAP | 3/23/2018 | NAP | NAP | No | | | | |
6.04 | Property | | FXI Verona MS | NAP | | | NAP | | | 5/22/2018 | No | NAP | 5/22/2018 | NAP | NAP | No | | | | |
6.05 | Property | | FXI Corry PA | NAP | | | NAP | | | 3/23/2018 | No | NAP | 3/23/2018 | NAP | NAP | No | | | | |
6.06 | Property | | FXI Fort Wayne IN | NAP | | | NAP | | | 3/22/2018 | No | NAP | 3/23/2018 | NAP | NAP | No | | | | |
6.07 | Property | | FXI Cuautitlan MX | NAP | | | NAP | | | 3/28/2018 | No | NAP | 3/28/2018 | 3/26/2018 | 6% | No | | | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | | | | | | | | | | | | | No | 0 | 0 | 0 | 0 |
7.01 | Property | | DialogDirect | NAP | | | NAP | | | 1/25/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
7.02 | Property | | JIT Packaging | NAP | | | NAP | | | 1/29/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
7.03 | Property | | Markel | NAP | | | NAP | | | 1/30/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
7.04 | Property | | Dedicated Logistics | NAP | | | NAP | | | 1/25/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
7.05 | Property | | Wilbert | NAP | | | NAP | | | 1/30/2018 | No | NAP | 1/30/2018 | NAP | NAP | No | | | | |
7.06 | Property | | Matandy Steel | NAP | | | NAP | | | 1/30/2018 | No | NAP | 1/29/2018 | NAP | NAP | No | | | | |
7.07 | Property | | Landmark Plastics | NAP | | | NAP | | | 1/29/2018 | No | NAP | 1/29/2018 | NAP | NAP | No | | | | |
7.08 | Property | | Rohrer Corporation (OH) | NAP | | | NAP | | | 1/29/2018 | No | NAP | 1/29/2018 | NAP | NAP | No | | | | |
7.09 | Property | | Rohrer Corporation (IL) | NAP | | | NAP | | | 1/25/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
7.10 | Property | | Rohrer Corporation (GA) | NAP | | | NAP | | | 1/29/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
7.11 | Property | | AAP Metals | NAP | | | NAP | | | 1/26/2018 | No | NAP | 1/25/2018 | NAP | NAP | No | | | | |
8 | Loan | 9, 14 | Quality RV Resorts | | | | | | | | | | | | | No | 392,917 | 56,131 | 0 | 0 |
8.01 | Property | | Quality RV Resorts Lakeview | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.02 | Property | | Quality RV Resorts Brazoria | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.03 | Property | | Quality RV Resorts Highway Six | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.05 | Property | | Quality RV Resorts Greenlake | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.06 | Property | | Quality RV Resorts Fallbrook | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.07 | Property | | Quality RV Resorts Southlake | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
8.08 | Property | | Quality RV Resorts Allstar | NAP | | | NAP | | | 3/13/2018 | No | NAP | 3/9/2018 | NAP | NAP | No | | | | |
9 | Loan | | Thorncreek Crossing | OfficeMax | 20,064 | 1/31/2022 | Cost Plus World Market | 16,774 | 1/31/2021 | 12/2/2017 | No | NAP | 3/5/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
10 | Loan | | SanTan Village Marketplace | Marshalls | 32,094 | 8/31/2020 | DSW | 30,000 | 7/31/2025 | 3/26/2018 | No | NAP | 3/29/2018 | NAP | NAP | No | 144,505 | 48,168 | 0 | 0 |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | State Farm (Building A) | 347,851 | 12/31/2037 | State Farm (Building C) | 245,370 | 12/31/2039 | 11/28/2017 | No | NAP | 11/21/2017 | NAP | NAP | No | 0 | 0 | 0 | 0 |
12 | Loan | | Dolwick Business Center | NAP | | | NAP | | | 4/11/2018 | No | NAP | 4/11/2018 | NAP | NAP | No | 78,707 | 13,118 | 0 | 0 |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | NAP | | | NAP | | | 5/8/2018 | No | NAP | 5/4/2018 | 5/8/2018 | 12% | No | 130,775 | 43,592 | 4,942 | 4,942 |
14 | Loan | | Spring Hill Logistics Center | NAP | | | NAP | | | 5/14/2018 | No | NAP | 5/8/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | Kohler | 4,412 | 12/31/2026 | Michael Dewitt | 4,291 | 5/31/2027 | 5/1/2018 | No | NAP | 5/9/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
16 | Loan | 21 | The Commons | Guitar Center | 12,250 | 9/30/2021 | 5.11 Tactical | 10,000 | 12/31/2028 | 5/29/2018 | No | NAP | 5/29/2018 | 5/25/2018 | 12% | No | 84,882 | 16,976 | 0 | 0 |
17 | Loan | | Market at Crenshaw | Xfinity | 4,000 | 4/30/2023 | Mattress One | 4,000 | 4/30/2021 | 5/18/2018 | No | NAP | 5/16/2018 | NAP | NAP | No | 228,578 | 32,654 | 14,807 | 7,403 |
18 | Loan | 9, 14 | Davenport Commons | Dollar Tree | 9,000 | 1/31/2020 | Cato | 3,936 | 1/31/2019 | 6/5/2018 | No | NAP | 6/1/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | NAP | | | NAP | | | 4/3/2018 | No | NAP | 4/3/2018 | NAP | NAP | No | 20,195 | 20,195 | 5,526 | 2,763 |
20 | Loan | | Naples Plaza | Tenango Holdings, LLC | 3,443 | 8/31/2020 | Diva Nails | 2,574 | 12/31/2021 | 3/15/2018 | No | NAP | 3/14/2018 | 3/13/2018 | 7% | No | 40,922 | 20,461 | 0 | 0 |
21 | Loan | 12, 25 | Center at Pearland II | MidiCi | 3,500 | 6/30/2027 | Bath and Body Works | 3,025 | 1/31/2028 | 3/27/2018 | No | NAP | 3/27/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | NAP | | | NAP | | | 3/20/2018 | No | NAP | 3/21/2018 | NAP | NAP | No | 115,846 | 19,887 | 6,322 | 1,104 |
23 | Loan | | Arbor Plaza | Sola Salon | 4,165 | 6/30/2021 | Panda Express (GL) | 3,761 | 7/31/2026 | 11/16/2017 | Yes | 12/11/2017 | 3/1/2018 | NAP | NAP | No | 0 | 0 | 0 | 0 |
24 | Loan | 9, 12, 27 | Two Democracy | Center for Advanced Orthopedics | 2,159 | 9/30/2018 | NAP | | | 1/11/2018 | No | NAP | 12/15/2017 | NAP | NAP | No | 383,084 | 63,847 | 0 | 0 |
25 | Loan | 28, 29 | Capital Complex | Department of Local Government | 22,500 | 6/30/2022 | Department of Juvenile Justice | 19,137 | 6/30/2020 | 11/27/2017 | No | NAP | 11/21/2017 | NAP | NAP | No | 43,146 | 5,393 | 0 | 0 |
26 | Loan | | Cabela’s Farmington | NAP | | | NAP | | | 4/2/2018 | No | NAP | 4/4/2018 | 4/4/2018 | 10% | No | 0 | 0 | 0 | 0 |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | NAP | | | NAP | | | 3/27/2018 | No | NAP | 3/27/2018 | NAP | NAP | No | 68,231 | 7,581 | 0 | 0 |
28 | Loan | | 20151 Nordhoff Street | NAP | | | NAP | | | 1/22/2018 | No | NAP | 1/22/2018 | 1/22/2018 | 16% | No | 78,623 | 0 | 0 | 0 |
29 | Loan | | Shallowford Exchange | Nail Frame | 1,200 | 3/31/2022 | American Deli | 1,200 | 6/1/2021 | 4/23/2018 | No | NAP | 4/17/2018 | NAP | NAP | No | 84,083 | 10,510 | 0 | 0 |
30 | Loan | | Roundhouse Campus | Maine Bureau of Motor Vehicles | 7,319 | 7/31/2028 | Southern Maine Children’s Academy | 5,726 | 8/31/2022 | 4/11/2018 | No | NAP | 4/11/2018 | NAP | NAP | No | 28,740 | 7,185 | 0 | 0 |
31 | Loan | | Shops at Spring Village | JK Nails | 2,400 | 2/23/2028 | Dunkin Donuts | 2,200 | 1/31/2028 | 3/28/2018 | No | NAP | 3/29/2018 | NAP | NAP | No | 28,994 | 5,799 | 14,532 | 1,211 |
32 | Loan | | Moses Lake Town Center | Sumo Express | 5,067 | 4/30/2021 | Mattress Firm | 4,811 | 12/31/2025 | 4/24/2018 | No | NAP | 4/26/2018 | NAP | NAP | No | 27,029 | 6,757 | 0 | 0 |
33 | Loan | | Dallas Commons | Classic Nails | 1,500 | 11/30/2023 | Panda Garden | 1,500 | 12/31/2022 | 5/11/2018 | No | NAP | 5/10/2018 | NAP | NAP | No | 25,400 | 3,175 | 0 | 0 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Upfront Replacement Reserve ($) | Ongoing Replacement Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Ongoing TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Ongoing Debt Service Reserve ($) | Upfront Deferred Maintenance Reserve ($) | Ongoing Deferred Maintenance Reserve ($) | Upfront Environmental Reserve ($) | Ongoing Environmental Reserve ($) | Upfront Other Reserve ($) | Ongoing Other Reserve ($) |
1 | Loan | 8, 9 | GSK North American HQ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
2 | Loan | 10, 11, 12 | 1000 Wilshire | 0 | 0 | 0 | 3,000,000 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 3,453,871 | 0 |
3 | Loan | | Aliso Creek Apartments | 0 | 11,623 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4 | Loan | | Commonwealth Centre | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,520 | 0 |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | | | | | | | | | | | | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | | | | | | | | | | | | | |
6 | Loan | 9, 14 | FXI Portfolio | 0 | 0 | 635,502 | 0 | 0 | 3,177,512 | 0 | 0 | 413,203 | 0 | 0 | 0 | 0 | 0 |
6.01 | Property | | FXI Portland OR | | | | | | | | | | | | | | |
6.02 | Property | | FXI Auburn IN | | | | | | | | | | | | | | |
6.03 | Property | | FXI Santa Teresa NM | | | | | | | | | | | | | | |
6.04 | Property | | FXI Verona MS | | | | | | | | | | | | | | |
6.05 | Property | | FXI Corry PA | | | | | | | | | | | | | | |
6.06 | Property | | FXI Fort Wayne IN | | | | | | | | | | | | | | |
6.07 | Property | | FXI Cuautitlan MX | | | | | | | | | | | | | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | 0 | 0 | 540,238 | 0 | 0 | 2,025,894 | 0 | 0 | 0 | 0 | 0 | 0 | 361,809 | 0 |
7.01 | Property | | DialogDirect | | | | | | | | | | | | | | |
7.02 | Property | | JIT Packaging | | | | | | | | | | | | | | |
7.03 | Property | | Markel | | | | | | | | | | | | | | |
7.04 | Property | | Dedicated Logistics | | | | | | | | | | | | | | |
7.05 | Property | | Wilbert | | | | | | | | | | | | | | |
7.06 | Property | | Matandy Steel | | | | | | | | | | | | | | |
7.07 | Property | | Landmark Plastics | | | | | | | | | | | | | | |
7.08 | Property | | Rohrer Corporation (OH) | | | | | | | | | | | | | | |
7.09 | Property | | Rohrer Corporation (IL) | | | | | | | | | | | | | | |
7.10 | Property | | Rohrer Corporation (GA) | | | | | | | | | | | | | | |
7.11 | Property | | AAP Metals | | | | | | | | | | | | | | |
8 | Loan | 9, 14 | Quality RV Resorts | 0 | 3,481 | 125,325 | 0 | 0 | 0 | 0 | 0 | 550 | 0 | 0 | 0 | 0 | 0 |
8.01 | Property | | Quality RV Resorts Lakeview | | | | | | | | | | | | | | |
8.02 | Property | | Quality RV Resorts Brazoria | | | | | | | | | | | | | | |
8.03 | Property | | Quality RV Resorts Highway Six | | | | | | | | | | | | | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | | | | | | | | | | | | | |
8.05 | Property | | Quality RV Resorts Greenlake | | | | | | | | | | | | | | |
8.06 | Property | | Quality RV Resorts Fallbrook | | | | | | | | | | | | | | |
8.07 | Property | | Quality RV Resorts Southlake | | | | | | | | | | | | | | |
8.08 | Property | | Quality RV Resorts Allstar | | | | | | | | | | | | | | |
9 | Loan | | Thorncreek Crossing | 0 | 0 | 0 | 0 | 0 | 600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
10 | Loan | | SanTan Village Marketplace | 0 | 4,522 | 217,042 | 0 | 0 | 428,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
12 | Loan | | Dolwick Business Center | 0 | 2,822 | 200,000 | 0 | 18,815 | 750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,399,560 | 0 |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | 0 | 3,276 | 78,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,796,302 | 0 |
14 | Loan | | Spring Hill Logistics Center | 0 | 4,153 | 200,000 | 0 | 20,833 | 750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 27,500 | 0 |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | 0 | 0 | 19,554 | 500,000 | 0 | 97,770 | 0 | 0 | 0 | 0 | 0 | 0 | 198,034 | 0 |
16 | Loan | 21 | The Commons | 0 | 2,471 | 0 | 500,000 | 0 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 173,821 | 0 |
17 | Loan | | Market at Crenshaw | 0 | 878 | 0 | 0 | 8,333 | 700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18 | Loan | 9, 14 | Davenport Commons | 0 | 0 | 0 | 0 | 0 | 600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | 0 | 3,104 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,925,000 | 0 |
20 | Loan | | Naples Plaza | 0 | 1,061 | 35,004 | 0 | 1,704 | 61,344 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
21 | Loan | 12, 25 | Center at Pearland II | 0 | 0 | 0 | 120,000 | 0 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 65,422 | 0 |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | 0 | 6,033 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | Loan | | Arbor Plaza | 0 | 0 | 0 | 0 | 0 | 350,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
24 | Loan | 9, 12, 27 | Two Democracy | 0 | 5,732 | 0 | 0 | 45,856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 143,760 | 71,880 |
25 | Loan | 28, 29 | Capital Complex | 0 | 2,946 | 36,000 | 715,000 | 0 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
26 | Loan | | Cabela’s Farmington | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | 0 | 10,247 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,535,000 | 0 |
28 | Loan | | 20151 Nordhoff Street | 0 | 1,533 | 0 | 0 | 6,133 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
29 | Loan | | Shallowford Exchange | 0 | 579 | 0 | 0 | 6,250 | 225,000 | 0 | 0 | 11,875 | 0 | 10,000 | 0 | 0 | 0 |
30 | Loan | | Roundhouse Campus | 0 | 1,486 | 0 | 0 | 5,505 | 330,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
31 | Loan | | Shops at Spring Village | 0 | 349 | 20,938 | 150,000 | 1,745 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 325,154 | 0 |
32 | Loan | | Moses Lake Town Center | 0 | 0 | 0 | 0 | 0 | 87,113 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
33 | Loan | | Dallas Commons | 0 | 419 | 15,095 | 75,000 | 2,500 | 90,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Other Reserve Description | Borrower Name |
1 | Loan | 8, 9 | GSK North American HQ | | KIM Five Crescent Drive LLC |
2 | Loan | 10, 11, 12 | 1000 Wilshire | Unfunded Obligations Reserve | CRE 1000 Wilshire, LLC |
3 | Loan | | Aliso Creek Apartments | | Aliso Creek Apartment Partners, LLC |
4 | Loan | | Commonwealth Centre | | Commonwealth Owner LLC |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | Gap Rent Reserve | North Pad Hotel, LLC and South Pad Hotel, LLC |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | |
6 | Loan | 9, 14 | FXI Portfolio | | NM FX, L.L.C. and NM FX Mexico, S. de R.L. de C.V. |
6.01 | Property | | FXI Portland OR | | |
6.02 | Property | | FXI Auburn IN | | |
6.03 | Property | | FXI Santa Teresa NM | | |
6.04 | Property | | FXI Verona MS | | |
6.05 | Property | | FXI Corry PA | | |
6.06 | Property | | FXI Fort Wayne IN | | |
6.07 | Property | | FXI Cuautitlan MX | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | Unfunded Obligations Reserve | SC USIP Property Company, LLC |
7.01 | Property | | DialogDirect | | |
7.02 | Property | | JIT Packaging | | |
7.03 | Property | | Markel | | |
7.04 | Property | | Dedicated Logistics | | |
7.05 | Property | | Wilbert | | |
7.06 | Property | | Matandy Steel | | |
7.07 | Property | | Landmark Plastics | | |
7.08 | Property | | Rohrer Corporation (OH) | | |
7.09 | Property | | Rohrer Corporation (IL) | | |
7.10 | Property | | Rohrer Corporation (GA) | | |
7.11 | Property | | AAP Metals | | |
8 | Loan | 9, 14 | Quality RV Resorts | | QRV Allstar, LLC, QRV Mont Belvieu, LLC, QRV Brazoria, LLC, QRV Fallbrook, LLC, QRV Greenlake, LLC, QRV Hwy 6, LLC, QRV Lakeview, LLC and QRV Southlake, LLC |
8.01 | Property | | Quality RV Resorts Lakeview | | |
8.02 | Property | | Quality RV Resorts Brazoria | | |
8.03 | Property | | Quality RV Resorts Highway Six | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | |
8.05 | Property | | Quality RV Resorts Greenlake | | |
8.06 | Property | | Quality RV Resorts Fallbrook | | |
8.07 | Property | | Quality RV Resorts Southlake | | |
8.08 | Property | | Quality RV Resorts Allstar | | |
9 | Loan | | Thorncreek Crossing | | GKT Thorncreek Plaza, L.L.C. |
10 | Loan | | SanTan Village Marketplace | | SanTan MP LP |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | | Corporate Properties Tempe SPE, L.L.C. |
12 | Loan | | Dolwick Business Center | Saint Elizabeth TI/LC Reserve ($1,142,115), Saint Elizabeth Rent Reserve ($157,763.84), Toyota Boshoku Rent Reserve ($99,681) | Dolwick Business Center, LLC |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | Genista TI/LC Reserve ($2,236,395), Genista Rent Reserve ($1,125,462), Benchmark TI/LC Reserve ($354,573), Genista Gap Rent Reserve ($79,872) | Willyo Properties LP |
14 | Loan | | Spring Hill Logistics Center | Comprehensive Logistics Reserve | Spring Hill Beechcroft Road I LLC and Spring Hill Beechcroft Road II LLC |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | Unfunded Obligations Reserve | GRE 3300 East 1st Avenue Owner, LLC |
16 | Loan | 21 | The Commons | Unfunded Obligations Reserve | The Commons Reno, LLC |
17 | Loan | | Market at Crenshaw | | Crenshaw Entrepreneurs, LLC |
18 | Loan | 9, 14 | Davenport Commons | | THF Davenport North Development, L.L.C. |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | Earnout Reserve ($1,750,000), Yield Maintenance Earnout Amount ($175,000) | PG Athens Apartments II, LLC |
20 | Loan | | Naples Plaza | | Milan SoCal III, LLC and Pelican Investments Naples LLC |
21 | Loan | 12, 25 | Center at Pearland II | Unfunded Obligations Reserve | Pearland Dunhill 2 LLC |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | | Westgate Lodging LLC |
23 | Loan | | Arbor Plaza | | GKT Arbor Plaza, L.L.C. |
24 | Loan | 9, 12, 27 | Two Democracy | Ground Rent Reserve | Second Rock Spring Park Limited Partnership |
25 | Loan | 28, 29 | Capital Complex | | Rainier Capital Complex Acquisitions, LLC |
26 | Loan | | Cabela’s Farmington | | SN Farmington LLC |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | PIP Reserve | NWA Hotel Opportunity, LLC |
28 | Loan | | 20151 Nordhoff Street | | F&KAC, LLC |
29 | Loan | | Shallowford Exchange | | Shallowford LLC |
30 | Loan | | Roundhouse Campus | | 125 Presumpscot SPE LLC and Presumpscot-Portland Investors LLC |
31 | Loan | | Shops at Spring Village | Unfunded Obligations Reserve | WSS Retail-Shops at Spring Village, LLC |
32 | Loan | | Moses Lake Town Center | | RI - Moses Lake, LLC and RI - Moses Lake II, LLC |
33 | Loan | | Dallas Commons | | Dallas Commons, LLC |
Control Number | Loan / Property Flag | Footnotes | Property Name | Delaware Statutory Trust? | Carve-out Guarantor | Loan Purpose | Loan Amount (sources) | Principal’s New Cash Contribution (7) | Subordinate Debt |
1 | Loan | 8, 9 | GSK North American HQ | No | None | Acquisition | 85,150,000 | 45,887,832 | 0 |
2 | Loan | 10, 11, 12 | 1000 Wilshire | No | Cerberus Institutional Real Estate Partners IV, L.P. | Acquisition | 65,250,000 | 55,910,594 | 82,750,000 |
3 | Loan | | Aliso Creek Apartments | No | Geoffrey L. Stack, Geoffrey L. Stack, as Trustee of the Stack Revocable Trust Dated July 30, 2009 and Anthony Rossi, Sr. | Refinance | 63,000,000 | 458,722 | 78,500,000 |
4 | Loan | | Commonwealth Centre | No | None | Acquisition | 49,000,000 | 49,225,554 | 0 |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | No | 7 Crowns Corporation | Refinance | 43,336,000 | 208,076 | 0 |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | | | | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | | | | | |
6 | Loan | 9, 14 | FXI Portfolio | No | New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation | Acquisition | 71,560,000 | 39,151,268 | 0 |
6.01 | Property | | FXI Portland OR | | | | | | |
6.02 | Property | | FXI Auburn IN | | | | | | |
6.03 | Property | | FXI Santa Teresa NM | | | | | | |
6.04 | Property | | FXI Verona MS | | | | | | |
6.05 | Property | | FXI Corry PA | | | | | | |
6.06 | Property | | FXI Fort Wayne IN | | | | | | |
6.07 | Property | | FXI Cuautitlan MX | | | | | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | No | Michael W. Brennan, Robert G. Vanecko, Scott D. McKibben, Samuel A. Mandarino, Eduardo Paneque, Brad O’Halloran, Allen Crosswell, Troy MacMane and Greenwood Holding Company, LLC | Acquisition | 105,800,000 | 51,970,241 | 0 |
7.01 | Property | | DialogDirect | | | | | | |
7.02 | Property | | JIT Packaging | | | | | | |
7.03 | Property | | Markel | | | | | | |
7.04 | Property | | Dedicated Logistics | | | | | | |
7.05 | Property | | Wilbert | | | | | | |
7.06 | Property | | Matandy Steel | | | | | | |
7.07 | Property | | Landmark Plastics | | | | | | |
7.08 | Property | | Rohrer Corporation (OH) | | | | | | |
7.09 | Property | | Rohrer Corporation (IL) | | | | | | |
7.10 | Property | | Rohrer Corporation (GA) | | | | | | |
7.11 | Property | | AAP Metals | | | | | | |
8 | Loan | 9, 14 | Quality RV Resorts | No | Stonetown 5, LLLP | Acquisition | 61,210,000 | 34,274,228 | 0 |
8.01 | Property | | Quality RV Resorts Lakeview | | | | | | |
8.02 | Property | | Quality RV Resorts Brazoria | | | | | | |
8.03 | Property | | Quality RV Resorts Highway Six | | | | | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | | | | | |
8.05 | Property | | Quality RV Resorts Greenlake | | | | | | |
8.06 | Property | | Quality RV Resorts Fallbrook | | �� | | | | |
8.07 | Property | | Quality RV Resorts Southlake | | | | | | |
8.08 | Property | | Quality RV Resorts Allstar | | | | | | |
9 | Loan | | Thorncreek Crossing | No | E. Stanley Kroenke and James N. Gordon | Acquisition | 33,750,000 | 11,514,952 | 0 |
10 | Loan | | SanTan Village Marketplace | No | Richard A. Margolis and Phillip A. Duke | Acquisition | 33,475,000 | 18,994,750 | 0 |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | No | None | Acquisition | 560,000,000 | 375,736,548 | 0 |
12 | Loan | | Dolwick Business Center | No | Corporex Companies, LLC | Refinance | 26,000,000 | 0 | 0 |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | No | Jason A. Hammerman | Acquisition | 25,590,000 | 14,090,565 | 0 |
14 | Loan | | Spring Hill Logistics Center | No | Legacy Properties Group, Inc. | Acquisition | 25,000,000 | 14,125,059 | 0 |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | No | GEM Realty Evergreen Fund, L.P. | Acquisition | 24,400,000 | 14,029,028 | 0 |
16 | Loan | 21 | The Commons | No | Kamyar Mateen and Tyler Mateen | Acquisition | 21,500,000 | 8,502,494 | 0 |
17 | Loan | | Market at Crenshaw | No | Nadyrshah “Nick” Dhanani | Acquisition | 17,250,000 | 6,176,352 | 0 |
18 | Loan | 9, 14 | Davenport Commons | No | E. Stanley Kroenke | Refinance | 35,000,000 | 0 | 0 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | No | Paul Grammas | Refinance | 14,700,000 | 0 | 0 |
20 | Loan | | Naples Plaza | No | Claus Dieckell and Chuck Le | Refinance | 12,700,000 | 0 | 0 |
21 | Loan | 12, 25 | Center at Pearland II | No | William L. Hutchinson | Acquisition | 12,400,000 | 7,401,126 | 0 |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | No | Saad Roumaya, Jonathan Roumaya, Jabbar Yousif and Martin Yousif | Refinance | 11,620,000 | 0 | 0 |
23 | Loan | | Arbor Plaza | No | E. Stanley Kroenke | Acquisition | 10,850,000 | 4,763,885 | 0 |
24 | Loan | 9, 12, 27 | Two Democracy | No | Second Rock Spring Park, LLC | Refinance | 25,000,000 | 6,941,870 | 0 |
25 | Loan | 28, 29 | Capital Complex | No | J. Kenneth Dunn | Acquisition | 9,687,000 | 4,316,069 | 0 |
26 | Loan | | Cabela’s Farmington | No | Security National Financial Corporation | Acquisition | 9,200,000 | 9,394,266 | 0 |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | No | J & S Hardin Holdings, LP, Delton Smith and William Harrison Smith | Acquisition | 9,200,000 | 4,536,985 | 0 |
28 | Loan | | 20151 Nordhoff Street | No | Albert Moradi | Acquisition | 9,000,000 | 9,387,780 | 0 |
29 | Loan | | Shallowford Exchange | No | Altaf Lal | Acquisition | 9,000,000 | 3,659,406 | 0 |
30 | Loan | | Roundhouse Campus | No | William M. Bennett | Acquisition | 7,524,000 | 4,127,041 | 0 |
31 | Loan | | Shops at Spring Village | No | Anderson G. Smith | Refinance | 7,150,000 | 0 | 0 |
32 | Loan | | Moses Lake Town Center | No | Read Seven, LLC | Refinance | 6,700,000 | 0 | 0 |
33 | Loan | | Dallas Commons | No | Ernest W. Livingston, Jr. | Acquisition | 6,150,000 | 2,189,638 | 0 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Cash Management Triggers | Ground Lease Y/N | Ground Lease Expiration Date | Annual Ground Lease Payment ($) | Cut-off Date Pari Passu Companion Loan Balance ($) |
1 | Loan | 8, 9 | GSK North American HQ | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.36x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Major Tenant Event | No | | | 10,000,000 |
2 | Loan | 10, 11, 12 | 1000 Wilshire | (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 Mezzanine Loan Event of Default | No | | | |
3 | Loan | | Aliso Creek Apartments | (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 Mezzanine Debt Event of Default | No | | | |
4 | Loan | | Commonwealth Centre | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 10.0%, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) CACI tenant exercises early termination right | No | | | |
5 | Loan | 13 | MOA Hotel Leased Fee Portfolio | (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) failure of Sponsor to maintain net worth and liquidity above the respective thresholds | | | | |
5.01 | Property | | Radisson Blu at Mall of America - Ground Lease | | No | | | |
5.02 | Property | | JW Marriott at Mall of America - Ground Lease | | No | | | |
6 | Loan | 9, 14 | FXI Portfolio | (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) Bankruptcy action of either Master Tenant, (v) the occurrence of a Go-Dark Event, (vi) the occurrence of a Downgrade Trigger, (vii) delivery of the Go-Dark Deposit 12 months prior to the Maturity Date | | | | 28,560,000 |
6.01 | Property | | FXI Portland OR | | No | | | |
6.02 | Property | | FXI Auburn IN | | No | | | |
6.03 | Property | | FXI Santa Teresa NM | | No | | | |
6.04 | Property | | FXI Verona MS | | No | | | |
6.05 | Property | | FXI Corry PA | | No | | | |
6.06 | Property | | FXI Fort Wayne IN | | No | | | |
6.07 | Property | | FXI Cuautitlan MX | | No | | | |
7 | Loan | 9, 15 | U.S. Industrial Portfolio | (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 | | | | 64,000,000 |
7.01 | Property | | DialogDirect | | No | | | |
7.02 | Property | | JIT Packaging | | No | | | |
7.03 | Property | | Markel | | No | | | |
7.04 | Property | | Dedicated Logistics | | No | | | |
7.05 | Property | | Wilbert | | No | | | |
7.06 | Property | | Matandy Steel | | No | | | |
7.07 | Property | | Landmark Plastics | | No | | | |
7.08 | Property | | Rohrer Corporation (OH) | | No | | | |
7.09 | Property | | Rohrer Corporation (IL) | | No | | | |
7.10 | Property | | Rohrer Corporation (GA) | | No | | | |
7.11 | Property | | AAP Metals | | No | | | |
8 | Loan | 9, 14 | Quality RV Resorts | (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) failure of Sponsor to maintain net worth and liquidity above the respective thresholds | | | | 26,210,000 |
8.01 | Property | | Quality RV Resorts Lakeview | | No | | | |
8.02 | Property | | Quality RV Resorts Brazoria | | No | | | |
8.03 | Property | | Quality RV Resorts Highway Six | | No | | | |
8.04 | Property | | Quality RV Resorts Mont Belvieu | | No | | | |
8.05 | Property | | Quality RV Resorts Greenlake | | No | | | |
8.06 | Property | | Quality RV Resorts Fallbrook | | No | | | |
8.07 | Property | | Quality RV Resorts Southlake | | No | | | |
8.08 | Property | | Quality RV Resorts Allstar | | No | | | |
9 | Loan | | Thorncreek Crossing | (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 | | | |
10 | Loan | | SanTan Village Marketplace | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Bankruptcy action of Borrower or Manager, (iv) the occurrence of a Major Tenant Credit Event and the failure to timely satisfy the Jo-Ann Fabrics Deposit Condition within 10 business days thereafter, (v) the occurrence of a Major Tenant Lease Expiration Event and the failure to timely satisfy the Jo-Ann Fabrics Deposit Condition within 10 business days thereafter, (vi) the occurrence of a Major Tenant Vacancy Event and the failure to timely satisfy the Jo-Ann Fabrics Deposit Condition within 10 business days thereafter | No | | | |
11 | Loan | 9, 12, 16, 17 | Marina Heights State Farm | (i) the occurrence of an Event of Default, (ii) the State Farm Tenant is in default under any State Farm Lease beyond any applicable notice and cure period, (iii) State Farm Tenant is rated below Baa3 by Moody’s or BBB- by S&P, (iv) State Farm Tenant shall have surrendered, cancelled or terminated any of the State Farm Leases or given written notice of its intent to surrender, cancel or terminate any of the State Farm Leases, (v) State Farm Tenant fails to occupy at least 50% of aggregate space of all State Farm leases, (vi) State Farm Tenant declares bankruptcy, (vii) hyper amortization period | Yes | 8/16/2112 | 4,375,033 | 532,500,000 |
12 | Loan | | Dolwick Business Center | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.4%, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Rollover Trigger Event | No | | | |
13 | Loan | 12, 18 | 5500 Hellyer Avenue | (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 Rollover Trigger Event | No | | | |
14 | Loan | | Spring Hill Logistics Center | (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, (iv) the occurrence of a Rollover Trigger Event, (v) failure of Sponsor to maintain net worth and liquidity above the respective thresholds | No | | | |
15 | Loan | 12, 19, 20 | 3300 East 1st Avenue | (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 | | | |
16 | Loan | 21 | The Commons | (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 | No | | | |
17 | Loan | | Market at Crenshaw | (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 Trigger Event | No | | | |
18 | Loan | 9, 14 | Davenport Commons | (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 Rollover Trigger Event | No | | | 20,000,000 |
19 | Loan | 12, 22, 23, 24 | Athens Townhomes | (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 | | | |
20 | Loan | | Naples Plaza | (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 Northgate Trigger Event | No | | | |
21 | Loan | 12, 25 | Center at Pearland II | (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 | | | |
22 | Loan | 12, 26 | Holiday Inn Express Toledo West | (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 | | | |
23 | Loan | | Arbor Plaza | (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 Rollover Trigger Event | No | | | |
24 | Loan | 9, 12, 27 | Two Democracy | (i) the occurrence of an Event of Default, (ii) Net Operating Income is less than 75% of Closing Date NOI, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Rollover Trigger Period | Yes | 11/22/2087 | 862,559 | 14,937,050 |
25 | Loan | 28, 29 | Capital Complex | (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 Rollover Trigger Event | No | | | |
26 | Loan | | Cabela’s Farmington | (i) the occurrence of an Event of Default, (ii) failure to deliver financial statements as required in the Loan Agreement, (iii) the occurrence of a Rollover Trigger Event, (iv) the occurrence of a Guarantor Covenant Event | No | | | |
27 | Loan | 12, 30, 31 | Courtyard Bentonville | (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) termination or expiration of the Franchise Agreement, (v) the occurrence of a PIP Trigger Period, (vi) the occurrence of a Non-Renewal Trigger Period | No | | | |
28 | Loan | | 20151 Nordhoff Street | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.47x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Rollover Trigger Period | No | | | |
29 | Loan | | Shallowford Exchange | (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 Rollover Trigger Event | No | | | |
30 | Loan | | Roundhouse Campus | (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 Rollover Trigger Event | No | | | |
31 | Loan | | Shops at Spring Village | (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 | | | |
32 | Loan | | Moses Lake Town Center | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.52x, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) failure of Sponsor to maintain net worth and liquidity above the respective thresholds, (v) the occurrence of a Rollover Trigger Event | No | | | |
33 | Loan | | Dallas Commons | (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 Shadow Trigger Event | No | | | |
(1) | The Administrative Cost Rate includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan. |
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(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. |
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(3) | The open period is inclusive of the Maturity Date or Anticipated Repayment Date. |
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(4) | Underwritten NCF DSCR is calculated based on amortizing debt service payments (except for interest-only loans). |
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(5) | Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
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(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. |
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(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 lockout period will be at least 25 payment dates beginning with and including the first payment date of July 2018. For the purpose of this prospectus, the assumed lockout period of 25 payment dates is based on the expected GSMS 2018-GS10 securitization closing date in July 2018. The actual lockout period may be longer. |
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(9) | The Mortgage Loan is part of a whole loan structure. Cut-off Date LTV Ratio, LTV Ratio at Maturity / ARD, 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 Mortgage Loan and any related Pari Passu Companion Loans, but excluding any related Subordinate Companion Loans. |
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(10) | On each Due Date, if and to the extent the amount contained in the TI/LC reserve account is less than $1,000,000, the borrower is required to deposit into the TI/LC reserve account an Ongoing TI/LC Reserve amount equal to $39,708. |
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(11) | For tenants with multiple lease expirations, the expiration date associated with the largest square footage is shown. |
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(12) | The Appraised Value represents the “as-is” Appraised Value of the Mortgaged Property. The Cut-off Date LTV Ratio is calculated on the basis of such “as-is” Appraised Value. The LTV Ratio at Maturity / ARD is calculated on the basis of the “as stabilized” Appraised Value. |
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(13) | The Mortgage Loan is secured by a first mortgage encumbering (i) the borrowers’ fee simple interest in the land under the Radisson Blu at Mall of America hospitality property, which land is ground leased and (ii) the borrowers’ leasehold interest in the air rights over the land on which a JW Marriott at Mall of America (“JW Marriott”) hospitality property is located, which air rights are subleased to the JW Marriot tenant. As such, Loan Per Unit ($) is not applicable. |
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(14) | The lockout period will be at least 24 payment dates beginning with and including the first payment date of August 2018. For the purpose of this prospectus, the assumed lockout period of 24 payment dates is based on the expected GSMS 2018-GS10 securitization closing date in July 2018. The actual lockout period may be longer. |
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(15) | The Appraised Value represents the aggregate “as-is” Appraised Value of the U.S. Industrial Portfolio Properties of $149,380,000 plus approximately a 5.1% portfolio premium. The Cut-off Date LTV Ratio for the U.S. Industrial Portfolio Loan calculated on the basis of the aggregate “as-is” Appraised Value without the portfolio premium is 70.8%. |
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(16) | Commencing on the Anticipated Repayment Date, the interest rate increases to 300 basis points per annum in excess of the greater of (i) the interest rate that was otherwise applicable to such note or note component prior to the Anticipated Repayment Date and (ii) the 10-year swap rate as of the Anticipated Repayment Date. |
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(17) | No rent payments are due with respect to any phase under the ground lease until the 8th anniversary of the day the first certificate of occupancy was issued for such phase. The rent commencement dates for the phases begin on |
| October 13, 2023 and the final phase rent commences March 3, 2025. The maximum ground rent expense once rent commences for all phases is $4,375,033 per annum. |
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(18) | The Cut-off Date LTV Ratio is calculated utilizing the “as-is” Appraised Value of $32,325,000 plus an adjustment of approximately $3,441,729 related to tenant improvements and leasing commissions, free rent and gap rent, all of which was reserved in connection with the origination of the 5500 Hellyer Avenue Loan. The Cut-off Date LTV Ratio calculated based on the “as-is” Appraised Value is 79.1%. |
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(19) | On each Due Date, if and to the extent the amount contained in the TI/LC reserve account is less than $97,770, the borrower is required to deposit into the TI/LC reserve account an Ongoing TI/LC Reserve amount equal to $8,148. |
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(20) | AJS Ventures LLC (9,530 SF) had a lease expiration in June 2018. The tenant was excluded from the in-place rent roll as the tenant indicated to vacate upon lease expiration. |
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(21) | On each Due Date, if and to the extent the amount contained in the TI/LC reserve account is less than (i) prior to the occurrence of a Critical Tenant Renewal Event, $500,000 and (ii) from and after the occurrence of a Critical Tenant Renewal Event, $350,000, the borrower is required to deposit into the TI/LC reserve account an Ongoing TI/LC Reserve amount equal to $12,356. |
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(22) | The 2017 cash flows are based on the 102 units which were open in 2017, and underwritten cash flows are based on the 135 units which were open per the rent roll dated June 2018. |
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(23) | The Original Balance of $14,700,000 is inclusive of a $1,750,000 earnout reserve. Cut-off Date LTV Ratio, Debt Yield on Underwritten Net Operating Income and Debt Yield on Underwritten Net Cash Flow are calculated excluding the $1,750,000 earnout. |
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(24) | Upfront Other Reserve ($) represents an earnout and a potential yield maintenance reserve. Funds will be held in escrow until the borrower has achieved a debt yield of 8.74% on the fully funded amount, completed the construction of 14 additional multifamily units at the property, and provides evidence of monthly rents no less than 1/12th of the underwritten base rent. If such conditions are not satisfied by December 13, 2019, the reserve is required to be applied to prepay the Athens Townhomes Loan and the related yield maintenance for such prepayment. |
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(25) | On each Due Date, if and to the extent the amount contained in the TI/LC reserve account is less than $120,000, the borrower is required to deposit into the TI/LC reserve account an Ongoing TI/LC Reserve amount equal to $5,000. |
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(26) | The Ongoing Replacement Reserve is an FF&E reserve in an amount equal to (i) for the Due Dates occurring in June 2018 through May 2019, $6,033, (ii) for the Due Dates occurring in June 2019 through May 2020, the greater of (a) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E or (b) 1/12th of 3% of the operating income of the Mortgaged Property for the previous 12-month period as determined on the anniversary of the last day of the calendar month in April and (iii) thereafter the greater of (a) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E or (b) 1/12th of 4% of the operating income of the Mortgaged Property for the previous 12-month period as determined on the anniversary of the last day of the calendar month in April. |
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(27) | Commencing on the Anticipated Repayment Date, the interest rate increases to the greater of (i) the Mortgage Rate plus 300 basis points, or (ii) the swap rate as of the Initial Maturity Date plus 547 basis points. |
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(28) | On each Due Date, if and to the extent the amount contained in the TI/LC reserve account is less than $300,000, the borrower is required to deposit into the TI/LC reserve account an Ongoing TI/LC Reserve amount equal to $8,333. |
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(29) | The Appraised Value includes separate appraised values for the office buildings included in the Capital Complex Property ($13,500,000) and the excess land ($601,000). |
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(30) | The Cut-off Date LTV Ratio is calculated utilizing the “as-is” Appraised Value of $11,000,000 plus an adjustment of approximately $2,535,000 related to PIP costs, which was reserved in connection with the origination of the Courtyard Bentonville Loan. The Cut-off Date LTV Ratio calculated based on the “as-is” Appraised Value is 83.6%. |
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(31) | The Ongoing Replacement Reserve is an FF&E reserve in an amount equal to (i) for the Due Dates occurring in July 2018 through June 2019, $10,247 and (ii) thereafter the greater of (a) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E or (b) 1/12th of 4% of the operating income of the Mortgaged Property for the previous 12-month period as determined on the anniversary of the last day of the calendar month in June. |