Control Number | Loan / Property Flag | Footnotes | Property Name | Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address | City | State | Zip Code |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | CREFI | CREFI | NAP | NAP | | | | |
1.01 | Property | | 15 West 47th Street | | | | | 15 West 47th Street | New York | New York | 10036 |
1.02 | Property | | 48 West 48th Street | | | | | 48 West 48th Street | New York | New York | 10036 |
1.03 | Property | | 151 West 46th Street | | | | | 151 West 46th Street | New York | New York | 10036 |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | CREFI, SMC | CREFI, SMC | NAP | NAP | | | | |
2.01 | Property | | Hauppauge Office Park | | | | | 878, 888, 898 Veterans Memorial Highway | Hauppauge | New York | 11788 |
2.02 | Property | | 20 Commerce | | | | | 20 Commerce Drive | Cranford | New Jersey | 07016 |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | UBS AG | AREF | NAP | NAP | | | | |
3.01 | Property | | Newton | | | | | 801 North 19th Avenue East | Newton | Iowa | 50208 |
3.02 | Property | | Fort Smith | | | | | 6400 Jenny Lind Road | Fort Smith | Arkansas | 72908 |
3.03 | Property | | Flint | | | | | 1101 North Center Road | Flint | Michigan | 48506 |
3.04 | Property | 20 | Coffeyville | | | | | 2654 US-169 | Coffeyville | Kansas | 67337 |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | CREFI, BCREI, DBNY, SGFC | CREFI | NAP | NAP | | | | |
4.01 | Property | | MGM Grand | | | | | 3799 South Las Vegas Boulevard | Las Vegas | Nevada | 89109 |
4.02 | Property | | Mandalay Bay | | | | | 3950 South Las Vegas Boulevard | Las Vegas | Nevada | 89119 |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | GSBI, BANA | GSMC | NAP | NAP | 711 5th Avenue | New York | New York | 10022 |
6 | Loan | | The Senator | SMC | SMC | NAP | NAP | 1121-1123 L Street | Sacramento | California | 95814 |
7 | Loan | 8, 17 | Appletree Business Park | SMC | SMC | NAP | NAP | 2875 Union Road | Cheektowaga | New York | 14227 |
8 | Loan | 35 | First Horizon Plaza | CREFI | CREFI | NAP | NAP | 800 South Gay Street | Knoxville | Tennessee | 37929 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | GSBI | GSMC | NAP | NAP | 201 8th Avenue South | Nashville | Tennessee | 37203 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | SMC | SMC | NAP | NAP | | | | |
10.01 | Property | | Vista Oaks Apartments | | | | | 225 Aldine Bender Road | Houston | Texas | 77060 |
10.02 | Property | | Oaks at Nassau Apartments | | | | | 18100 Nassau Bay Drive | Houston | Texas | 77058 |
10.03 | Property | | Broadway Village Apartments | | | | | 8400 Broadway Boulevard | Houston | Texas | 77061 |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | GSBI, MSBNA, WFB, JPMCB | AREF | NAP | NAP | 3327 & 3377 Las Vegas Boulevard South | Las Vegas | Nevada | 89109 |
12 | Loan | 8, 50 | 32-42 Broadway | CREFI | CREFI | NAP | NAP | 32-42 Broadway | New York | New York | 10004 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | CREFI | CREFI | NAP | NAP | 5701 Main Street | Houston | Texas | 77005 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | SMC | SMC | NAP | NAP | | | | |
14.01 | Property | | El Camino Real | | | | | 285 & 499 North El Camino Real | Encinitas | California | 92024 |
14.02 | Property | | Galloway Medical Park | | | | | 7400 & 7500 Southwest 87th Avenue | Miami | Florida | 33173 |
14.03 | Property | | Snapper Creek | | | | | 7800 Southwest 87th Avenue | Miami | Florida | 33173 |
14.04 | Property | | Temecula Medical Center | | | | | 27699 Jefferson Avenue | Temecula | California | 92590 |
14.05 | Property | | Activity Medical Center | | | | | 8901 Activity Road | San Diego | California | 92126 |
14.06 | Property | | Tri-City Medical Park | | | | | 3907 Waring Road | Oceanside | California | 92056 |
15 | Loan | | Bayshore Villa MHC | SGFC | SGFC | NAP | NAP | 3499 East Bayshore Road | Redwood City | California | 94063 |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | GSBI | GSMC | NAP | NAP | | | | |
16.01 | Property | | 15535 South State Avenue | | | | | 15535 South State Avenue | Middlefield | Ohio | 44062 |
16.02 | Property | | 150 Grand Valley Avenue | | | | | 150 Grand Valley Avenue | Orwell | Ohio | 44076 |
16.03 | Property | | 16052 Industrial Parkway | | | | | 16052 Industrial Parkway | Middlefield | Ohio | 44062 |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | SGFC | SGFC | NAP | NAP | | | | |
17.01 | Property | 58 | 3421-35 Richmond Street | | | | | 3421-35 Richmond Street | Philadelphia | Pennsylvania | 19134 |
17.02 | Property | 58 | 811-15 North 2nd Street | | | | | 811-15 North 2nd Street | Philadelphia | Pennsylvania | 19123 |
17.03 | Property | | 180 Grand Street | | | | | 180 Grand Street | Brooklyn | New York | 11211 |
17.04 | Property | | 176-178 Grand Street | | | | | 176-178 Grand Street | Brooklyn | New York | 11211 |
17.05 | Property | | 1706-10 North 2nd Street | | | | | 1706-10 North 2nd Street | Philadelphia | Pennsylvania | 19122 |
17.06 | Property | | 190 West Berks Street | | | | | 190 West Berks Street | Philadelphia | Pennsylvania | 19122 |
18 | Loan | 59, 60, 61 | King City SV | SGFC | SGFC | NAP | NAP | 11777 Southwest Queen Elizabeth Avenue | King City | Oregon | 97224 |
19 | Loan | 62, 63 | Pacifica Plaza | SGFC | SGFC | NAP | NAP | 100 Pacifica | Irvine | California | 92618 |
20 | Loan | | Parkway Office | SGFC | SGFC | NAP | NAP | 7001A East Parkway | Sacramento | California | 95823 |
21 | Loan | 8, 64, 65 | Redmond Town Center | CREFI | CREFI | NAP | NAP | 7330, 7530 & 7345 164th Avenue Northeast | Redmond | Washington | 98052 |
22 | Loan | 8, 66, 67 | White Oak Crossing | GSBI | GSMC | NAP | NAP | 120-280 Shenstone Boulevard and 7085 White Oak Road | Garner | North Carolina | 27529 |
23 | Loan | | UM Student Housing Portfolio | SMC | SMC | NAP | NAP | 1001 South Forest, 543 Church, 515 Walnut, 521 Walnut and 1506 Geddes | Ann Arbor | Michigan | 48104 |
24 | Loan | | IOM Villas | AREF | AREF | NAP | NAP | | | | |
24.01 | Property | | Indian Terrace Villas I-VI | | | | | 1110 Huron Way | Auburn | Indiana | 46706 |
24.02 | Property | | Fawn Villas I-IV | | | | | 233 High Street | Butler | Indiana | 46721 |
24.03 | Property | | Delta Villas I-IV | | | | | 101 Oakview Drive | Delta | Ohio | 43515 |
24.04 | Property | | Park Ave. Villas I-III | | | | | 601-605 Park Avenue | Antwerp | Ohio | 45813 |
24.05 | Property | | Lutz Road Villas I-III | | | | | 701 East Lutz Road | Archbold | Ohio | 43502 |
24.06 | Property | | Topeka Villas I&II | | | | | 214 Morrow Street | Topeka | Indiana | 46571 |
24.07 | Property | | Martin House Villas I&II | | | | | 401 Cadillac Street | Ligonier | Indiana | 46767 |
24.08 | Property | | Shipshewana Villas | | | | | 265 North State Street | Shipshewana | Indiana | 46565 |
24.09 | Property | | LaGrange Villas I&II | | | | | 320 West Factory Street | LaGrange | Indiana | 46761 |
24.10 | Property | | Crown Point Villas I&II | | | | | 200 Holiday Lane | Cromwell | Indiana | 46732 |
24.11 | Property | | Timber Trace Villas | | | | | 1300 Duplex Avenue | Auburn | Indiana | 46706 |
24.12 | Property | | Fairmont Villas I&II | | | | | 2950 East Follett Lane | Fremont | Indiana | 46737 |
24.13 | Property | | Oak Tree Villas | | | | | SEC Hamsher at Warfield | Garrett | Indiana | 46738 |
24.14 | Property | | South Oak Villas | | | | | 514 West 2nd Avenue | Garrett | Indiana | 46738 |
24.15 | Property | | West Elm Villas | | | | | 253-279 Enterprise Avenue | Wauseon | Ohio | 43567 |
24.16 | Property | | Maple Villas | | | | | 22156 Maple Court | Woodburn | Indiana | 46797 |
24.17 | Property | | West Unity Villas | | | | | 601-607 East Church Street | West Unity | Ohio | 43570 |
24.18 | Property | | Shirley Villas | | | | | 100 Lee Street | Shirley | Indiana | 47384 |
24.19 | Property | | Schoolstreet Villas | | | | | 284 School Street | Brooklyn | Michigan | 49230 |
24.20 | Property | | Riverside Villas | | | | | 10 Park Terrace Boulevard | Columbia City | Indiana | 46725 |
24.21 | Property | | Ashley Villas | | | | | 501 South Gonser Avenue | Ashley | Indiana | 46705 |
24.22 | Property | | West Side Villas | | | | | 515 North Main Street | Antwerp | Ohio | 45813 |
25 | Loan | | Paramount Town Center | AREF | AREF | NAP | NAP | 16230-16280 Paramount Boulevard | Paramount | California | 90723 |
26 | Loan | 68 | La Quinta Downtown Waco | SMC | SMC | NAP | NAP | 911 South 10th Street | Waco | Texas | 76706 |
27 | Loan | | 375 Warm Springs | SMC | SMC | NAP | NAP | 375 East Warm Springs Road | Las Vegas | Nevada | 89119 |
28 | Loan | | 4850 Eucalyptus Avenue | CREFI | CREFI | NAP | NAP | 4850 Eucalyptus Avenue | Chino | California | 91710 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | UBS AG | AREF | NAP | NAP | 6925 Lake Ellenor Drive | Orlando | Florida | 32809 |
30 | Loan | | South Bronx Medical Office | AREF | AREF | Group 1 | NAP | 324-330 East 149th Street | Bronx | New York | 10451 |
31 | Loan | 71 | Upper West Side Mixed-Use | AREF | AREF | NAP | NAP | 57 West 86th Street | New York | New York | 10024 |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | SGFC | SGFC | NAP | NAP | 2416 Merchant Street | Lexington | Kentucky | 40511 |
33 | Loan | | 4781 Broadway | AREF | AREF | Group 1 | NAP | 4781 Broadway | New York | New York | 10034 |
34 | Loan | | 2803 NE Loop 410 | SMC | SMC | NAP | NAP | 2803 Northeast Interstate 410 Loop | San Antonio | Texas | 78218 |
35 | Loan | 75 | 7th Street Mixed Use | SMC | SMC | NAP | NAP | 410-418 7th Street | Oakland | California | 94607 |
36 | Loan | 76 | Hampton Inn Alamogordo | SGFC | SGFC | NAP | NAP | 1295 Hamilton Road | Alamogordo | New Mexico | 88310 |
37 | Loan | 8, 77 | McCarthy Ranch | SMC | SMC | NAP | NAP | 15-251 Ranch Drive | Milpitas | California | 95035 |
38 | Loan | | Storage Xxtra Hwy 155 | SMC | SMC | NAP | NAP | 6 Farris Drive | McDonough | Georgia | 30253 |
39 | Loan | 78 | 1404 West University | SMC | SMC | NAP | NAP | 1404 West University Avenue | Gainesville | Florida | 32603 |
40 | Loan | 16 | Big Space Storage | UBS AG | AREF | Group 2 | NAP | 11847 Spears Road | Houston | Texas | 77067 |
41 | Loan | | Freedom Storage Dallas | SGFC | SGFC | NAP | NAP | 10331 Scyene Road | Dallas | Texas | 75227 |
42 | Loan | | Smitty’s MHP | SMC | SMC | Group 3 | NAP | 730 South Pine Avenue | Hastings | Nebraska | 68901 |
43 | Loan | | Georgetown Square | AREF | AREF | NAP | NAP | 1831-1851 West Irving Park Road | Schaumburg | Illinois | 60193 |
44 | Loan | 16 | West Bellfort Self Storage | UBS AG | AREF | Group 2 | NAP | 9831 West Bellfort Street | Houston | Texas | 77031 |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | SMC | SMC | Group 3 | NAP | | | | |
45.01 | Property | | Lake Village MHP | | | | | 604 152nd Street | South Sioux City | Nebraska | 68776 |
45.02 | Property | | Sunnyside Village MHP | | | | | 1 B Avenue, 8 E Avenue and 11 D Avenue | Missouri Valley | Iowa | 51555 |
46 | Loan | 72 | Drive-Up Self Storage | SMC | SMC | NAP | NAP | 445-453 Hickory Street | Kearny | New Jersey | 07032 |
Control Number | Loan / Property Flag | Footnotes | Property Name | 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 ($) | Pari Passu Companion Loan Annual Debt Service ($) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 70,000,000 | 8.5% | 70,000,000 | 3.51000% | 0.01440% | 3.49560% | 207,593.75 | 2,491,125.00 | 210,559.38 | 2,526,712.56 |
1.01 | Property | | 15 West 47th Street | 35,496,454 | | | | | | | | | |
1.02 | Property | | 48 West 48th Street | 22,588,652 | | | | | | | | | |
1.03 | Property | | 151 West 46th Street | 11,914,894 | | | | | | | | | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 70,000,000 | 8.5% | 60,313,342 | 3.84000% | 0.01440% | 3.82560% | 327,766.13 | 3,933,193.56 | 92,565.84 | 1,110,790.08 |
2.01 | Property | | Hauppauge Office Park | 52,244,427 | | | | | | | | | |
2.02 | Property | | 20 Commerce | 17,755,573 | | | | | | | | | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 65,000,000 | 7.9% | 51,096,834 | 3.71750% | 0.01440% | 3.70310% | 299,827.68 | 3,597,932.16 | 138,382.01 | 1,660,584.12 |
3.01 | Property | | Newton | 23,947,368 | | | | | | | | | |
3.02 | Property | | Fort Smith | 20,526,316 | | | | | | | | | |
3.03 | Property | | Flint | 13,684,211 | | | | | | | | | |
3.04 | Property | 20 | Coffeyville | 6,842,105 | | | | | | | | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 65,000,000 | 7.9% | 65,000,000 | 3.55800% | 0.01378% | 3.54423% | 195,401.74 | 2,344,820.88 | 4,717,298.52 | 56,607,582.24 |
4.01 | Property | | MGM Grand | 35,425,000 | | | | | | | | | |
4.02 | Property | | Mandalay Bay | 29,575,000 | | | | | | | | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 40,000,000 | 4.8% | 40,000,000 | 3.16000% | 0.01565% | 3.14435% | 106,796.30 | 1,281,555.60 | 1,348,303.24 | 16,179,638.88 |
6 | Loan | | The Senator | 39,700,000 | 4.8% | 39,700,000 | 3.37700% | 0.04440% | 3.33260% | 113,274.12 | 1,359,289.40 | | |
7 | Loan | 8, 17 | Appletree Business Park | 37,500,000 | 4.5% | 31,266,237 | 3.84200% | 0.01440% | 3.82760% | 175,631.80 | 2,107,581.60 | 57,607.24 | 691,286.88 |
8 | Loan | 35 | First Horizon Plaza | 36,000,000 | 4.4% | 28,302,413 | 3.72000% | 0.01440% | 3.70560% | 166,109.37 | 1,993,312.44 | | |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 35,000,000 | 4.2% | 35,000,000 | 3.13900% | 0.01440% | 3.12460% | 92,825.75 | 1,113,909.00 | 397,824.66 | 4,773,895.92 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 30,500,000 | 3.7% | 24,727,897 | 4.58500% | 0.01440% | 4.57060% | 156,083.23 | 1,872,998.76 | | |
10.01 | Property | | Vista Oaks Apartments | 12,346,827 | | | | | | | | | |
10.02 | Property | | Oaks at Nassau Apartments | 10,478,118 | | | | | | | | | |
10.03 | Property | | Broadway Village Apartments | 7,675,055 | | | | | | | | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 25,000,000 | 3.0% | 25,000,000 | 3.74080% | 0.01565% | 3.72515% | 79,015.74 | 948,188.88 | 2,323,062.78 | 27,876,753.36 |
12 | Loan | 8, 50 | 32-42 Broadway | 25,000,000 | 3.0% | 25,000,000 | 3.25000% | 0.01440% | 3.23560% | 68,648.73 | 823,784.76 | 274,594.90 | 3,295,138.80 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 20,000,000 | 2.4% | 18,088,727 | 3.80000% | 0.01440% | 3.78560% | 93,191.47 | 1,118,297.64 | 186,382.94 | 2,236,595.28 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 19,000,000 | 2.3% | 16,513,816 | 4.19500% | 0.01440% | 4.18060% | 92,857.82 | 1,114,293.84 | 342,107.78 | 4,105,293.36 |
14.01 | Property | | El Camino Real | 6,688,427 | | | | | | | | | |
14.02 | Property | | Galloway Medical Park | 4,643,258 | | | | | | | | | |
14.03 | Property | | Snapper Creek | 3,020,787 | | | | | | | | | |
14.04 | Property | | Temecula Medical Center | 2,467,865 | | | | | | | | | |
14.05 | Property | | Activity Medical Center | 1,727,079 | | | | | | | | | |
14.06 | Property | | Tri-City Medical Park | 452,584 | | | | | | | | | |
15 | Loan | | Bayshore Villa MHC | 15,300,000 | 1.9% | 15,300,000 | 2.99000% | 0.01440% | 2.97560% | 38,651.98 | 463,823.76 | | |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | 15,000,000 | 1.8% | 13,450,012 | 3.32200% | 0.01440% | 3.30760% | 65,875.16 | 790,501.92 | 141,996.10 | 1,703,953.20 |
16.01 | Property | | 15535 South State Avenue | 9,201,803 | | | | | | | | | |
16.02 | Property | | 150 Grand Valley Avenue | 3,468,100 | | | | | | | | | |
16.03 | Property | | 16052 Industrial Parkway | 2,330,097 | | | | | | | | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | 13,730,000 | 1.7% | 13,730,000 | 3.35500% | 0.01440% | 3.34060% | 38,919.94 | 467,039.28 | | |
17.01 | Property | 58 | 3421-35 Richmond Street | 3,630,000 | | | | | | | | | |
17.02 | Property | 58 | 811-15 North 2nd Street | 2,610,000 | | | | | | | | | |
17.03 | Property | | 180 Grand Street | 2,440,000 | | | | | | | | | |
17.04 | Property | | 176-178 Grand Street | 1,900,000 | | | | | | | | | |
17.05 | Property | | 1706-10 North 2nd Street | 1,590,000 | | | | | | | | | |
17.06 | Property | | 190 West Berks Street | 1,560,000 | | | | | | | | | |
18 | Loan | 59, 60, 61 | King City SV | 13,200,000 | 1.6% | 13,200,000 | 3.03000% | 0.01440% | 3.01560% | 33,792.92 | 405,515.04 | | |
19 | Loan | 62, 63 | Pacifica Plaza | 13,000,000 | 1.6% | 11,535,130 | 2.77000% | 0.01440% | 2.75560% | 53,209.17 | 638,510.04 | | |
20 | Loan | | Parkway Office | 12,000,000 | 1.5% | 12,000,000 | 3.65500% | 0.01440% | 3.64060% | 37,057.64 | 444,691.68 | | |
21 | Loan | 8, 64, 65 | Redmond Town Center | 11,500,000 | 1.4% | 10,872,188 | 3.85000% | 0.01440% | 3.83560% | 53,912.95 | 646,955.40 | 421,927.41 | 5,063,128.92 |
22 | Loan | 8, 66, 67 | White Oak Crossing | 11,375,000 | 1.4% | 9,989,795 | 3.54400% | 0.01440% | 3.52960% | 51,358.63 | 616,303.56 | 234,782.29 | 2,817,387.48 |
23 | Loan | | UM Student Housing Portfolio | 11,000,000 | 1.3% | 11,000,000 | 3.19800% | 0.01440% | 3.18360% | 29,722.15 | 356,665.83 | | |
24 | Loan | | IOM Villas | 11,000,000 | 1.3% | 8,968,089 | 4.75000% | 0.01440% | 4.73560% | 57,381.21 | 688,574.52 | | |
24.01 | Property | | Indian Terrace Villas I-VI | 2,410,000 | | | | | | | | | |
24.02 | Property | | Fawn Villas I-IV | 1,111,065 | | | | | | | | | |
24.03 | Property | | Delta Villas I-IV | 883,935 | | | | | | | | | |
24.04 | Property | | Park Ave. Villas I-III | 832,787 | | | | | | | | | |
24.05 | Property | | Lutz Road Villas I-III | 721,311 | | | | | | | | | |
24.06 | Property | | Topeka Villas I&II | 557,377 | | | | | | | | | |
24.07 | Property | | Martin House Villas I&II | 544,262 | | | | | | | | | |
24.08 | Property | | Shipshewana Villas | 459,016 | | | | | | | | | |
24.09 | Property | | LaGrange Villas I&II | 426,229 | | | | | | | | | |
24.10 | Property | | Crown Point Villas I&II | 393,443 | | | | | | | | | |
24.11 | Property | | Timber Trace Villas | 393,443 | | | | | | | | | |
24.12 | Property | | Fairmont Villas I&II | 347,541 | | | | | | | | | |
24.13 | Property | | Oak Tree Villas | 327,869 | | | | | | | | | |
24.14 | Property | | South Oak Villas | 314,754 | | | | | | | | | |
24.15 | Property | | West Elm Villas | 308,197 | | | | | | | | | |
24.16 | Property | | Maple Villas | 195,000 | | | | | | | | | |
24.17 | Property | | West Unity Villas | 190,164 | | | | | | | | | |
24.18 | Property | | Shirley Villas | 170,492 | | | | | | | | | |
24.19 | Property | | Schoolstreet Villas | 146,066 | | | | | | | | | |
24.20 | Property | | Riverside Villas | 137,869 | | | | | | | | | |
24.21 | Property | | Ashley Villas | 80,000 | | | | | | | | | |
24.22 | Property | | West Side Villas | 49,180 | | | | | | | | | |
25 | Loan | | Paramount Town Center | 10,800,000 | 1.3% | 10,800,000 | 3.69000% | 0.01440% | 3.67560% | 33,671.25 | 404,055.00 | | |
26 | Loan | 68 | La Quinta Downtown Waco | 9,385,063 | 1.1% | 7,600,728 | 4.20000% | 0.01440% | 4.18560% | 46,456.63 | 557,479.56 | | |
27 | Loan | | 375 Warm Springs | 8,350,000 | 1.0% | 8,350,000 | 3.15600% | 0.05440% | 3.10160% | 22,265.51 | 267,186.08 | | |
28 | Loan | | 4850 Eucalyptus Avenue | 8,000,000 | 1.0% | 8,000,000 | 3.56000% | 0.01440% | 3.54560% | 24,062.96 | 288,755.52 | | |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 7,967,130 | 1.0% | 6,387,866 | 4.14800% | 0.01440% | 4.13360% | 38,878.96 | 466,547.52 | | |
30 | Loan | | South Bronx Medical Office | 6,750,000 | 0.8% | 6,750,000 | 3.37500% | 0.01440% | 3.36060% | 19,248.05 | 230,976.60 | | |
31 | Loan | 71 | Upper West Side Mixed-Use | 6,600,000 | 0.8% | 6,600,000 | 4.15500% | 0.01440% | 4.14060% | 23,169.90 | 278,038.80 | | |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 6,264,700 | 0.8% | 5,633,561 | 3.48000% | 0.01440% | 3.46560% | 28,061.41 | 336,736.92 | | |
33 | Loan | | 4781 Broadway | 6,250,000 | 0.8% | 6,250,000 | 3.37500% | 0.01440% | 3.36060% | 17,822.27 | 213,867.24 | | |
34 | Loan | | 2803 NE Loop 410 | 6,100,000 | 0.7% | 6,100,000 | 3.06000% | 0.01440% | 3.04560% | 15,771.04 | 189,252.50 | | |
35 | Loan | 75 | 7th Street Mixed Use | 5,600,000 | 0.7% | 5,600,000 | 3.76300% | 0.01440% | 3.74860% | 17,804.57 | 213,654.78 | | |
36 | Loan | 76 | Hampton Inn Alamogordo | 5,418,169 | 0.7% | 3,987,139 | 4.18000% | 0.01440% | 4.16560% | 29,580.44 | 354,965.28 | | |
37 | Loan | 8, 77 | McCarthy Ranch | 5,000,000 | 0.6% | 5,000,000 | 3.69400% | 0.01565% | 3.67835% | 15,605.44 | 187,265.28 | 124,843.52 | 1,498,122.22 |
38 | Loan | | Storage Xxtra Hwy 155 | 4,143,588 | 0.5% | 3,248,540 | 3.60500% | 0.01440% | 3.59060% | 18,879.44 | 226,553.28 | | |
39 | Loan | 78 | 1404 West University | 4,075,000 | 0.5% | 4,075,000 | 4.41600% | 0.01440% | 4.40160% | 15,204.28 | 182,451.33 | | |
40 | Loan | 16 | Big Space Storage | 4,025,000 | 0.5% | 3,381,016 | 3.90000% | 0.01440% | 3.88560% | 18,984.65 | 227,815.80 | | |
41 | Loan | | Freedom Storage Dallas | 3,625,000 | 0.4% | 3,275,585 | 3.75000% | 0.01440% | 3.73560% | 16,787.94 | 201,455.28 | | |
42 | Loan | | Smitty’s MHP | 2,861,137 | 0.3% | 2,305,559 | 4.37000% | 0.01440% | 4.35560% | 14,296.07 | 171,552.84 | | |
43 | Loan | | Georgetown Square | 2,850,000 | 0.3% | 2,602,948 | 4.38000% | 0.01440% | 4.36560% | 14,238.04 | 170,856.48 | | |
44 | Loan | 16 | West Bellfort Self Storage | 2,546,000 | 0.3% | 2,338,062 | 4.72500% | 0.01440% | 4.71060% | 13,242.80 | 158,913.60 | | |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | 2,515,000 | 0.3% | 2,017,855 | 4.28300% | 0.01440% | 4.26860% | 12,420.92 | 149,051.04 | | |
45.01 | Property | | Lake Village MHP | 1,452,231 | | | | | | | | | |
45.02 | Property | | Sunnyside Village MHP | 1,062,769 | | | | | | | | | |
46 | Loan | 72 | Drive-Up Self Storage | 2,400,000 | 0.3% | 2,177,643 | 3.99000% | 0.01440% | 3.97560% | 11,444.14 | 137,329.68 | | |
Control Number | Loan / Property Flag | Footnotes | Property Name | Amortization Type | 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 |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | Interest Only | Actual/360 | 0 | 121 | 121 | 121 | 121 | 0 | 0 | 12/10/2020 |
1.01 | Property | | 15 West 47th Street | | | | | | | | | | |
1.02 | Property | | 48 West 48th Street | | | | | | | | | | |
1.03 | Property | | 151 West 46th Street | | | | | | | | | | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | Interest Only, Then Amortizing | Actual/360 | 0 | 37 | 37 | 121 | 121 | 360 | 360 | 12/7/2020 |
2.01 | Property | | Hauppauge Office Park | | | | | | | | | | |
2.02 | Property | | 20 Commerce | | | | | | | | | | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | Amortizing | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 11/24/2020 |
3.01 | Property | | Newton | | | | | | | | | | |
3.02 | Property | | Fort Smith | | | | | | | | | | |
3.03 | Property | | Flint | | | | | | | | | | |
3.04 | Property | 20 | Coffeyville | | | | | | | | | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | Interest Only - ARD | Actual/360 | 9 | 120 | 111 | 120 | 111 | 0 | 0 | 2/14/2020 |
4.01 | Property | | MGM Grand | | | | | | | | | | |
4.02 | Property | | Mandalay Bay | | | | | | | | | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | Interest Only | Actual/360 | 9 | 120 | 111 | 120 | 111 | 0 | 0 | 3/6/2020 |
6 | Loan | | The Senator | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 12/2/2020 |
7 | Loan | 8, 17 | Appletree Business Park | Interest Only, Then Amortizing | 30/360 | 0 | 24 | 24 | 120 | 120 | 360 | 360 | 11/25/2020 |
8 | Loan | 35 | First Horizon Plaza | Amortizing | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 12/3/2020 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | Interest Only | Actual/360 | 9 | 120 | 111 | 120 | 111 | 0 | 0 | 3/6/2020 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | Amortizing | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 11/10/2020 |
10.01 | Property | | Vista Oaks Apartments | | | | | | | | | | |
10.02 | Property | | Oaks at Nassau Apartments | | | | | | | | | | |
10.03 | Property | | Broadway Village Apartments | | | | | | | | | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | Interest Only | Actual/360 | 17 | 120 | 103 | 120 | 103 | 0 | 0 | 6/3/2019 |
12 | Loan | 8, 50 | 32-42 Broadway | Interest Only | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 11/3/2020 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | Interest Only, Then Amortizing | Actual/360 | 9 | 60 | 51 | 120 | 111 | 360 | 360 | 3/2/2020 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | Interest Only, Then Amortizing | Actual/360 | 2 | 36 | 34 | 120 | 118 | 360 | 360 | 9/25/2020 |
14.01 | Property | | El Camino Real | | | | | | | | | | |
14.02 | Property | | Galloway Medical Park | | | | | | | | | | |
14.03 | Property | | Snapper Creek | | | | | | | | | | |
14.04 | Property | | Temecula Medical Center | | | | | | | | | | |
14.05 | Property | | Activity Medical Center | | | | | | | | | | |
14.06 | Property | | Tri-City Medical Park | | | | | | | | | | |
15 | Loan | | Bayshore Villa MHC | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 11/20/2020 |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | Interest Only, Then Amortizing | Actual/360 | 1 | 60 | 59 | 120 | 119 | 360 | 360 | 10/26/2020 |
16.01 | Property | | 15535 South State Avenue | | | | | | | | | | |
16.02 | Property | | 150 Grand Valley Avenue | | | | | | | | | | |
16.03 | Property | | 16052 Industrial Parkway | | | | | | | | | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 11/20/2020 |
17.01 | Property | 58 | 3421-35 Richmond Street | | | | | | | | | | |
17.02 | Property | 58 | 811-15 North 2nd Street | | | | | | | | | | |
17.03 | Property | | 180 Grand Street | | | | | | | | | | |
17.04 | Property | | 176-178 Grand Street | | | | | | | | | | |
17.05 | Property | | 1706-10 North 2nd Street | | | | | | | | | | |
17.06 | Property | | 190 West Berks Street | | | | | | | | | | |
18 | Loan | 59, 60, 61 | King City SV | Interest Only | Actual/360 | 3 | 120 | 117 | 120 | 117 | 0 | 0 | 8/21/2020 |
19 | Loan | 62, 63 | Pacifica Plaza | Interest Only, Then Amortizing | Actual/360 | 0 | 60 | 60 | 120 | 120 | 360 | 360 | 11/24/2020 |
20 | Loan | | Parkway Office | Interest Only | Actual/360 | 0 | 84 | 84 | 84 | 84 | 0 | 0 | 11/30/2020 |
21 | Loan | 8, 64, 65 | Redmond Town Center | Interest Only, Then Amortizing | Actual/360 | 9 | 24 | 15 | 60 | 51 | 360 | 360 | 2/21/2020 |
22 | Loan | 8, 66, 67 | White Oak Crossing | Interest Only, Then Amortizing | Actual/360 | 12 | 48 | 36 | 120 | 108 | 360 | 360 | 11/14/2019 |
23 | Loan | | UM Student Housing Portfolio | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 11/18/2020 |
24 | Loan | | IOM Villas | Amortizing | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 11/13/2020 |
24.01 | Property | | Indian Terrace Villas I-VI | | | | | | | | | | |
24.02 | Property | | Fawn Villas I-IV | | | | | | | | | | |
24.03 | Property | | Delta Villas I-IV | | | | | | | | | | |
24.04 | Property | | Park Ave. Villas I-III | | | | | | | | | | |
24.05 | Property | | Lutz Road Villas I-III | | | | | | | | | | |
24.06 | Property | | Topeka Villas I&II | | | | | | | | | | |
24.07 | Property | | Martin House Villas I&II | | | | | | | | | | |
24.08 | Property | | Shipshewana Villas | | | | | | | | | | |
24.09 | Property | | LaGrange Villas I&II | | | | | | | | | | |
24.10 | Property | | Crown Point Villas I&II | | | | | | | | | | |
24.11 | Property | | Timber Trace Villas | | | | | | | | | | |
24.12 | Property | | Fairmont Villas I&II | | | | | | | | | | |
24.13 | Property | | Oak Tree Villas | | | | | | | | | | |
24.14 | Property | | South Oak Villas | | | | | | | | | | |
24.15 | Property | | West Elm Villas | | | | | | | | | | |
24.16 | Property | | Maple Villas | | | | | | | | | | |
24.17 | Property | | West Unity Villas | | | | | | | | | | |
24.18 | Property | | Shirley Villas | | | | | | | | | | |
24.19 | Property | | Schoolstreet Villas | | | | | | | | | | |
24.20 | Property | | Riverside Villas | | | | | | | | | | |
24.21 | Property | | Ashley Villas | | | | | | | | | | |
24.22 | Property | | West Side Villas | | | | | | | | | | |
25 | Loan | | Paramount Town Center | Interest Only | Actual/360 | 9 | 120 | 111 | 120 | 111 | 0 | 0 | 3/3/2020 |
26 | Loan | 68 | La Quinta Downtown Waco | Amortizing | Actual/360 | 9 | 0 | 0 | 120 | 111 | 360 | 351 | 3/2/2020 |
27 | Loan | | 375 Warm Springs | Interest Only | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 11/4/2020 |
28 | Loan | | 4850 Eucalyptus Avenue | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 12/4/2020 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | Amortizing | Actual/360 | 3 | 0 | 0 | 120 | 117 | 360 | 357 | 8/31/2020 |
30 | Loan | | South Bronx Medical Office | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 12/3/2020 |
31 | Loan | 71 | Upper West Side Mixed-Use | Interest Only | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 11/5/2020 |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | Interest Only, Then Amortizing | Actual/360 | 0 | 61 | 61 | 121 | 121 | 360 | 360 | 12/3/2020 |
33 | Loan | | 4781 Broadway | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 12/3/2020 |
34 | Loan | | 2803 NE Loop 410 | Interest Only | Actual/360 | 1 | 120 | 119 | 120 | 119 | 0 | 0 | 10/30/2020 |
35 | Loan | 75 | 7th Street Mixed Use | Interest Only | Actual/360 | 0 | 120 | 120 | 120 | 120 | 0 | 0 | 11/19/2020 |
36 | Loan | 76 | Hampton Inn Alamogordo | Amortizing | Actual/360 | 8 | 0 | 0 | 120 | 112 | 300 | 292 | 3/2/2020 |
37 | Loan | 8, 77 | McCarthy Ranch | Interest Only | Actual/360 | 10 | 120 | 110 | 120 | 110 | 0 | 0 | 1/24/2020 |
38 | Loan | | Storage Xxtra Hwy 155 | Amortizing | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 11/5/2020 |
39 | Loan | 78 | 1404 West University | Interest Only | Actual/360 | 18 | 120 | 102 | 120 | 102 | 0 | 0 | 5/10/2019 |
40 | Loan | 16 | Big Space Storage | Interest Only, Then Amortizing | Actual/360 | 3 | 24 | 21 | 120 | 117 | 360 | 360 | 9/1/2020 |
41 | Loan | | Freedom Storage Dallas | Interest Only, Then Amortizing | Actual/360 | 0 | 60 | 60 | 120 | 120 | 360 | 360 | 11/9/2020 |
42 | Loan | | Smitty’s MHP | Amortizing | Actual/360 | 1 | 0 | 0 | 120 | 119 | 360 | 359 | 10/23/2020 |
43 | Loan | | Georgetown Square | Interest Only, Then Amortizing | Actual/360 | 8 | 60 | 52 | 120 | 112 | 360 | 360 | 3/9/2020 |
44 | Loan | 16 | West Bellfort Self Storage | Interest Only, Then Amortizing | Actual/360 | 1 | 24 | 23 | 84 | 83 | 360 | 360 | 11/6/2020 |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | Amortizing | Actual/360 | 0 | 0 | 0 | 120 | 120 | 360 | 360 | 11/24/2020 |
45.01 | Property | | Lake Village MHP | | | | | | | | | | |
45.02 | Property | | Sunnyside Village MHP | | | | | | | | | | |
46 | Loan | 72 | Drive-Up Self Storage | Interest Only, Then Amortizing | Actual/360 | 0 | 61 | 61 | 121 | 121 | 360 | 360 | 12/7/2020 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Prepayment Provision (3) | 2017 EGI ($) | 2017 Expenses ($) | 2017 NOI ($) | 2018 EGI ($) | 2018 Expenses ($) | 2018 NOI ($) | 2019 EGI ($) | 2019 Expenses ($) | 2019 NOI ($) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | Lockout/24_Defeasance/93_0%/4 | 19,256,554 | 6,714,703 | 12,541,851 | 19,301,583 | 6,955,364 | 12,346,219 | 19,355,597 | 7,410,407 | 11,945,190 |
1.01 | Property | | 15 West 47th Street | | 10,260,190 | 3,243,356 | 7,016,833 | 9,773,916 | 3,144,906 | 6,629,010 | 9,664,447 | 3,525,636 | 6,138,811 |
1.02 | Property | | 48 West 48th Street | | 6,247,588 | 2,443,704 | 3,803,884 | 6,421,117 | 2,646,973 | 3,774,144 | 6,482,031 | 2,648,139 | 3,833,892 |
1.03 | Property | | 151 West 46th Street | | 2,748,777 | 1,027,643 | 1,721,134 | 3,106,550 | 1,163,485 | 1,943,065 | 3,209,119 | 1,236,632 | 1,972,487 |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | Lockout/24_Defeasance/93_0%/4 | N/A | N/A | N/A | 12,459,775 | 4,598,959 | 7,860,816 | 12,399,240 | 4,534,916 | 7,864,324 |
2.01 | Property | | Hauppauge Office Park | | N/A | N/A | N/A | 8,249,472 | 2,710,995 | 5,538,477 | 8,309,478 | 2,617,345 | 5,692,134 |
2.02 | Property | | 20 Commerce | | N/A | N/A | N/A | 4,210,303 | 1,887,964 | 2,322,339 | 4,089,762 | 1,917,571 | 2,172,190 |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | Lockout/24_Defeasance/90_0%/6 | N/A | N/A | N/A | N/A | N/A | N/A | 7,781,992 | 2,362,152 | 5,419,840 |
3.01 | Property | | Newton | | N/A | N/A | N/A | N/A | N/A | N/A | 5,312,608 | 1,651,385 | 3,661,223 |
3.02 | Property | | Fort Smith | | N/A | N/A | N/A | N/A | N/A | N/A | 1,510,025 | 431,205 | 1,078,820 |
3.03 | Property | | Flint | | N/A | N/A | N/A | N/A | N/A | N/A | 865,810 | 257,857 | 607,953 |
3.04 | Property | 20 | Coffeyville | | N/A | N/A | N/A | N/A | N/A | N/A | 93,549 | 21,705 | 71,844 |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | >YM or 0.5%/33_Defeasance or >YM or 0.5%/80_0%/7 | 2,161,960,165 | 1,556,922,957 | 605,037,208 | 2,191,540,530 | 1,574,171,264 | 617,369,266 | 2,106,295,488 | 1,586,215,135 | 520,080,353 |
4.01 | Property | | MGM Grand | | 1,179,680,639 | 834,995,842 | 344,684,797 | 1,226,105,346 | 854,539,115 | 371,566,231 | 1,161,850,748 | 879,242,083 | 282,608,665 |
4.02 | Property | | Mandalay Bay | | 982,279,526 | 721,927,115 | 260,352,411 | 965,435,184 | 719,632,149 | 245,803,035 | 944,444,740 | 706,973,052 | 237,471,688 |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | Lockout/33_Defeasance/80_0%/7 | 62,723,555 | 17,358,037 | 45,365,518 | 63,038,695 | 18,950,129 | 44,088,566 | 69,563,590 | 20,967,241 | 48,596,349 |
6 | Loan | | The Senator | Lockout/24_Defeasance/92_0%/4 | 4,267,111 | 1,936,106 | 2,331,005 | 4,524,206 | 1,910,692 | 2,613,514 | 5,463,289 | 2,277,860 | 3,185,429 |
7 | Loan | 8, 17 | Appletree Business Park | Lockout/24_Defeasance/90_0%/6 | 6,807,852 | 2,975,608 | 3,832,244 | 7,069,157 | 2,873,552 | 4,195,605 | 8,577,237 | 3,090,517 | 5,486,720 |
8 | Loan | 35 | First Horizon Plaza | Lockout/24_Defeasance/93_0%/3 | 6,892,046 | 3,207,646 | 3,684,400 | 6,783,541 | 3,161,408 | 3,622,133 | 7,061,336 | 3,109,902 | 3,951,434 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | Lockout/33_Defeasance/80_0%/7 | N/A | N/A | N/A | N/A | N/A | N/A | 93,677,197 | 65,123,527 | 28,553,670 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | 1,076,554 | 605,869 | 470,685 | 4,778,928 | 2,112,017 | 2,666,910 |
10.01 | Property | | Vista Oaks Apartments | | N/A | N/A | N/A | N/A | N/A | N/A | 2,039,068 | 776,808 | 1,262,260 |
10.02 | Property | | Oaks at Nassau Apartments | | N/A | N/A | N/A | N/A | N/A | N/A | 1,488,309 | 780,943 | 707,366 |
10.03 | Property | | Broadway Village Apartments | | N/A | N/A | N/A | 1,076,554 | 605,869 | 470,685 | 1,251,551 | 554,267 | 697,284 |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | Lockout/35_Defeasance/80_0%/5 | 107,586,327 | 33,160,381 | 74,425,947 | 103,110,653 | 31,784,180 | 71,326,473 | 102,473,435 | 31,007,624 | 71,465,811 |
12 | Loan | 8, 50 | 32-42 Broadway | Lockout/25_Defeasance/91_0%/4 | 21,214,177 | 10,436,824 | 10,777,353 | 22,313,427 | 10,791,578 | 11,521,849 | 23,020,311 | 11,125,485 | 11,894,826 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | >YM or 1%/117_0%/3 | 35,576,225 | 26,509,951 | 9,066,274 | 36,140,047 | 27,348,440 | 8,791,607 | 35,451,900 | 26,636,357 | 8,815,543 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | Lockout/26_Defeasance/89_0%/5 | 7,486,028 | 2,476,656 | 5,009,372 | 9,029,630 | 3,093,303 | 5,936,327 | 9,505,208 | 3,410,928 | 6,094,280 |
14.01 | Property | | El Camino Real | | 999,775 | 244,826 | 754,949 | 2,234,443 | 729,827 | 1,504,616 | 2,187,765 | 771,533 | 1,416,232 |
14.02 | Property | | Galloway Medical Park | | 2,934,790 | 975,005 | 1,959,785 | 3,083,561 | 1,055,966 | 2,027,594 | 3,187,499 | 1,128,913 | 2,058,586 |
14.03 | Property | | Snapper Creek | | 1,939,552 | 693,709 | 1,245,843 | 1,948,260 | 685,892 | 1,262,368 | 1,942,524 | 758,466 | 1,184,059 |
14.04 | Property | | Temecula Medical Center | | 1,003,894 | 351,816 | 652,078 | 981,048 | 331,461 | 649,587 | 1,098,277 | 413,418 | 684,858 |
14.05 | Property | | Activity Medical Center | | 608,018 | 211,300 | 396,718 | 686,822 | 237,797 | 449,025 | 830,877 | 219,884 | 610,993 |
14.06 | Property | | Tri-City Medical Park | | N/A | N/A | N/A | 95,496 | 52,359 | 43,137 | 258,266 | 118,714 | 139,552 |
15 | Loan | | Bayshore Villa MHC | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | 2,083,816 | 764,919 | 1,318,897 | 2,133,930 | 806,538 | 1,327,392 |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | Lockout/25_Defeasance or >YM or 1%/88_0%/7 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
16.01 | Property | | 15535 South State Avenue | | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
16.02 | Property | | 150 Grand Valley Avenue | | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
16.03 | Property | | 16052 Industrial Parkway | | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | Lockout/24_Defeasance/92_0%/4 | N/A | N/A | N/A | 1,218,831 | 156,174 | 1,062,657 | 1,247,293 | 164,290 | 1,083,003 |
17.01 | Property | 58 | 3421-35 Richmond Street | | N/A | N/A | N/A | 376,040 | 38,536 | 337,504 | 377,478 | 41,566 | 335,912 |
17.02 | Property | 58 | 811-15 North 2nd Street | | N/A | N/A | N/A | 242,375 | 21,501 | 220,874 | 241,125 | 21,510 | 219,615 |
17.03 | Property | | 180 Grand Street | | N/A | N/A | N/A | 170,676 | 19,799 | 150,877 | 189,575 | 21,960 | 167,615 |
17.04 | Property | | 176-178 Grand Street | | N/A | N/A | N/A | 139,140 | 13,960 | 125,180 | 145,992 | 14,926 | 131,066 |
17.05 | Property | | 1706-10 North 2nd Street | | N/A | N/A | N/A | 145,600 | 34,014 | 111,586 | 147,748 | 35,170 | 112,578 |
17.06 | Property | | 190 West Berks Street | | N/A | N/A | N/A | 145,000 | 28,363 | 116,637 | 145,375 | 29,158 | 116,217 |
18 | Loan | 59, 60, 61 | King City SV | Lockout/27_Defeasance/89_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
19 | Loan | 62, 63 | Pacifica Plaza | Lockout/24_Defeasance/80_Defeasance or >YM or 1%/11_0%/5 | N/A | N/A | N/A | 2,234,945 | 777,342 | 1,457,603 | 2,327,838 | 813,964 | 1,513,874 |
20 | Loan | | Parkway Office | Lockout/59_>YM or 1%/21_0%/4 | N/A | N/A | N/A | 1,719,852 | 418,129 | 1,301,723 | 1,748,882 | 457,504 | 1,291,378 |
21 | Loan | 8, 64, 65 | Redmond Town Center | Lockout/33_Defeasance/23_0%/4 | 12,572,296 | 3,843,706 | 8,728,590 | 12,945,809 | 3,914,837 | 9,030,971 | 13,766,778 | 4,065,369 | 9,701,409 |
22 | Loan | 8, 66, 67 | White Oak Crossing | Lockout/36_Defeasance/79_0%/5 | 8,380,001 | 1,662,835 | 6,717,167 | 8,528,386 | 1,741,540 | 6,786,847 | 8,639,220 | 1,625,210 | 7,014,010 |
23 | Loan | | UM Student Housing Portfolio | Lockout/24_>YM or 1%/90_0%/6 | 1,861,613 | 603,953 | 1,257,660 | 1,910,284 | 612,674 | 1,297,610 | 1,944,841 | 607,388 | 1,337,453 |
24 | Loan | | IOM Villas | Lockout/24_>YM or 1%/93_0%/3 | N/A | N/A | N/A | 1,032,912 | 417,642 | 615,270 | 2,667,981 | 1,422,219 | 1,245,762 |
24.01 | Property | | Indian Terrace Villas I-VI | | N/A | N/A | N/A | 194,891 | 67,415 | 127,476 | 514,910 | 239,346 | 275,564 |
24.02 | Property | | Fawn Villas I-IV | | N/A | N/A | N/A | 90,855 | 34,880 | 55,975 | 230,195 | 101,820 | 128,375 |
24.03 | Property | | Delta Villas I-IV | | N/A | N/A | N/A | 92,991 | 33,990 | 59,001 | 232,500 | 116,572 | 115,929 |
24.04 | Property | | Park Ave. Villas I-III | | N/A | N/A | N/A | 69,880 | 35,611 | 34,268 | 196,010 | 118,842 | 77,168 |
24.05 | Property | | Lutz Road Villas I-III | | N/A | N/A | N/A | 69,315 | 22,528 | 46,786 | 175,256 | 79,614 | 95,642 |
24.06 | Property | | Topeka Villas I&II | | N/A | N/A | N/A | 52,564 | 20,567 | 31,997 | 132,741 | 65,602 | 67,139 |
24.07 | Property | | Martin House Villas I&II | | N/A | N/A | N/A | 44,924 | 15,537 | 29,387 | 116,479 | 66,069 | 50,410 |
24.08 | Property | | Shipshewana Villas | | N/A | N/A | N/A | 43,127 | 21,584 | 21,542 | 117,692 | 64,687 | 53,005 |
24.09 | Property | | LaGrange Villas I&II | | N/A | N/A | N/A | 41,694 | 14,293 | 27,401 | 106,620 | 59,268 | 47,352 |
24.10 | Property | | Crown Point Villas I&II | | N/A | N/A | N/A | 39,116 | 18,650 | 20,466 | 86,348 | 68,695 | 17,653 |
24.11 | Property | | Timber Trace Villas | | N/A | N/A | N/A | 36,109 | 12,272 | 23,837 | 87,398 | 40,157 | 47,241 |
24.12 | Property | | Fairmont Villas I&II | | N/A | N/A | N/A | 29,084 | 10,440 | 18,644 | 78,891 | 43,504 | 35,387 |
24.13 | Property | | Oak Tree Villas | | N/A | N/A | N/A | 28,731 | 13,621 | 15,110 | 79,061 | 35,349 | 43,711 |
24.14 | Property | | South Oak Villas | | N/A | N/A | N/A | 31,054 | 11,184 | 19,870 | 79,161 | 36,831 | 42,330 |
24.15 | Property | | West Elm Villas | | N/A | N/A | N/A | 31,164 | 13,072 | 18,092 | 79,703 | 46,911 | 32,792 |
24.16 | Property | | Maple Villas | | N/A | N/A | N/A | 21,293 | 7,246 | 14,047 | 51,259 | 29,720 | 21,539 |
24.17 | Property | | West Unity Villas | | N/A | N/A | N/A | 17,673 | 8,266 | 9,406 | 49,649 | 33,331 | 16,318 |
24.18 | Property | | Shirley Villas | | N/A | N/A | N/A | 22,314 | 14,796 | 7,518 | 57,532 | 36,864 | 20,668 |
24.19 | Property | | Schoolstreet Villas | | N/A | N/A | N/A | 31,393 | 19,713 | 11,681 | 79,034 | 60,190 | 18,844 |
24.20 | Property | | Riverside Villas | | N/A | N/A | N/A | 30,373 | 13,003 | 17,371 | 78,997 | 56,324 | 22,673 |
24.21 | Property | | Ashley Villas | | N/A | N/A | N/A | 9,220 | 6,899 | 2,321 | 25,586 | 15,748 | 9,838 |
24.22 | Property | | West Side Villas | | N/A | N/A | N/A | 5,148 | 2,074 | 3,074 | 12,960 | 6,774 | 6,186 |
25 | Loan | | Paramount Town Center | Lockout/33_Defeasance/83_0%/4 | 1,190,264 | 366,334 | 823,930 | 1,462,717 | 370,798 | 1,091,919 | 1,523,770 | 403,526 | 1,120,244 |
26 | Loan | 68 | La Quinta Downtown Waco | Lockout/33_Defeasance/83_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 4,031,263 | 1,987,132 | 2,044,131 |
27 | Loan | | 375 Warm Springs | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 903,906 | 318,593 | 585,312 |
28 | Loan | | 4850 Eucalyptus Avenue | Lockout/24_Defeasance or >YM or 1%/92_0%/4 | N/A | N/A | N/A | 1,131,000 | 141,362 | 989,638 | 1,036,400 | 148,276 | 888,124 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | Lockout/27_Defeasance/89_0%/4 | N/A | N/A | N/A | 1,018,531 | 489,029 | 529,502 | 1,144,875 | 616,381 | 528,494 |
30 | Loan | | South Bronx Medical Office | Lockout/24_Defeasance/92_0%/4 | 1,168,526 | 372,443 | 796,083 | 1,178,737 | 395,828 | 782,909 | 1,222,079 | 425,576 | 796,503 |
31 | Loan | 71 | Upper West Side Mixed-Use | Lockout/25_Defeasance/92_0%/3 | N/A | N/A | N/A | 1,161,851 | 454,725 | 707,126 | 1,214,977 | 487,994 | 726,983 |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | Lockout/24_>YM or 1%/93_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
33 | Loan | | 4781 Broadway | Lockout/24_Defeasance/92_0%/4 | 1,177,811 | 402,149 | 775,662 | 1,197,584 | 400,774 | 796,810 | 1,260,674 | 419,007 | 841,667 |
34 | Loan | | 2803 NE Loop 410 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 604,545 | 217,268 | 387,277 |
35 | Loan | 75 | 7th Street Mixed Use | Lockout/24_Defeasance/91_0%/5 | 663,025 | 230,853 | 432,171 | 741,091 | 254,471 | 486,620 | 796,608 | 264,086 | 532,522 |
36 | Loan | 76 | Hampton Inn Alamogordo | Lockout/32_Defeasance/84_0%/4 | N/A | N/A | N/A | 1,402,264 | 1,069,313 | 332,951 | 2,321,417 | 1,183,211 | 1,138,206 |
37 | Loan | 8, 77 | McCarthy Ranch | Lockout/34_Defeasance/82_0%/4 | 3,376,131 | 1,315,559 | 2,060,572 | 3,806,476 | 1,303,754 | 2,502,722 | 5,076,248 | 1,368,290 | 3,707,958 |
38 | Loan | | Storage Xxtra Hwy 155 | Lockout/25_Defeasance/91_0%/4 | N/A | N/A | N/A | 423,990 | 240,610 | 183,380 | 585,762 | 262,056 | 323,706 |
39 | Loan | 78 | 1404 West University | Lockout/35_>YM or 1%/81_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 347,492 | 115,284 | 232,208 |
40 | Loan | 16 | Big Space Storage | Lockout/27_Defeasance/89_0%/4 | N/A | N/A | N/A | 429,723 | 213,749 | 215,974 | 565,444 | 184,799 | 380,646 |
41 | Loan | | Freedom Storage Dallas | Lockout/24_Defeasance/35_Defeasance or >YM or 1%/57_0%/4 | N/A | N/A | N/A | 567,335 | 288,086 | 279,249 | 635,348 | 311,066 | 324,282 |
42 | Loan | | Smitty’s MHP | Lockout/25_Defeasance/90_0%/5 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
43 | Loan | | Georgetown Square | Lockout/32_Defeasance/84_0%/4 | 460,595 | 222,155 | 238,440 | 481,776 | 238,545 | 243,231 | 568,312 | 243,584 | 324,728 |
44 | Loan | 16 | West Bellfort Self Storage | Lockout/25_Defeasance/55_0%/4 | 355,846 | 132,176 | 223,670 | 393,865 | 120,902 | 272,963 | 419,032 | 125,423 | 293,609 |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | Lockout/24_Defeasance/91_0%/5 | N/A | N/A | N/A | 528,975 | 258,931 | 270,044 | 531,331 | 251,172 | 280,159 |
45.01 | Property | | Lake Village MHP | | N/A | N/A | N/A | 326,655 | 138,511 | 188,144 | 312,919 | 135,896 | 177,023 |
45.02 | Property | | Sunnyside Village MHP | | N/A | N/A | N/A | 202,320 | 120,420 | 81,900 | 218,412 | 115,276 | 103,136 |
46 | Loan | 72 | Drive-Up Self Storage | Lockout/24_Defeasance/93_0%/4 | N/A | N/A | N/A | N/A | N/A | N/A | 384,902 | 152,505 | 232,397 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Most Recent EGI (if past 2019) ($) | Most Recent Expenses (if past 2019) ($) | Most Recent NOI (if past 2019) ($) | Most Recent NOI Date (if past 2019) | Most Recent # of months | Most Recent Description | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Debt Yield on Underwritten Net Operating Income (%) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 16,421,332 | 7,098,959 | 9,322,373 | 10/31/2020 | 12 | Trailing 12 | 19,909,478 | 7,846,160 | 12,063,318 | 8.6% |
1.01 | Property | | 15 West 47th Street | 8,651,241 | 3,328,036 | 5,323,205 | 10/31/2020 | 12 | Trailing 12 | 9,799,176 | 3,846,095 | 5,953,081 | |
1.02 | Property | | 48 West 48th Street | 5,380,555 | 2,563,454 | 2,817,101 | 10/31/2020 | 12 | Trailing 12 | 6,700,325 | 2,731,610 | 3,968,716 | |
1.03 | Property | | 151 West 46th Street | 2,389,536 | 1,207,469 | 1,182,067 | 10/31/2020 | 12 | Trailing 12 | 3,409,976 | 1,268,455 | 2,141,521 | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 12,255,769 | 4,394,022 | 7,861,747 | 10/31/2020 | 12 | Trailing 12 | 13,066,360 | 4,800,723 | 8,265,637 | 9.2% |
2.01 | Property | | Hauppauge Office Park | 8,485,101 | 2,471,476 | 6,013,625 | 10/31/2020 | 12 | Trailing 12 | 8,834,672 | 2,867,188 | 5,967,484 | |
2.02 | Property | | 20 Commerce | 3,770,669 | 1,922,546 | 1,848,123 | 10/31/2020 | 12 | Trailing 12 | 4,231,688 | 1,933,535 | 2,298,154 | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 11,562,759 | 2,960,143 | 8,602,616 | 9/30/2020 | Various | Various | 14,641,777 | 4,579,626 | 10,062,150 | 11.1% |
3.01 | Property | | Newton | 5,428,049 | 1,678,006 | 3,750,043 | 9/30/2020 | 12 | Trailing 12 | 6,080,861 | 2,761,490 | 3,319,371 | |
3.02 | Property | | Fort Smith | 2,165,111 | 413,208 | 1,751,902 | 9/30/2020 | 12 | Trailing 12 | 2,970,845 | 648,617 | 2,322,228 | |
3.03 | Property | | Flint | 1,735,155 | 292,519 | 1,442,636 | 9/30/2020 | 12 | Trailing 12 | 3,066,885 | 520,242 | 2,546,644 | |
3.04 | Property | 20 | Coffeyville | 2,234,445 | 576,410 | 1,658,034 | 9/30/2020 | 10 | Annualized | 2,523,185 | 649,278 | 1,873,907 | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 1,157,516,861 | 935,475,514 | 222,041,347 | 9/30/2020 | 12 | Trailing 12 | 2,106,295,488 | 1,586,215,135 | 520,080,353 | 17.9% |
4.01 | Property | | MGM Grand | 662,869,240 | 533,910,560 | 128,958,680 | 9/30/2020 | 12 | Trailing 12 | 1,161,850,748 | 879,242,083 | 282,608,665 | |
4.02 | Property | | Mandalay Bay | 494,647,621 | 401,564,954 | 93,082,667 | 9/30/2020 | 12 | Trailing 12 | 944,444,740 | 706,973,052 | 237,471,688 | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 69,060,254 | 21,771,999 | 47,288,255 | 3/31/2020 | 12 | Trailing 12 | 74,193,553 | 22,888,769 | 51,304,783 | 9.4% |
6 | Loan | | The Senator | 6,046,610 | 2,449,748 | 3,596,862 | 10/31/2020 | 12 | Trailing 12 | 6,057,283 | 2,405,775 | 3,651,509 | 9.2% |
7 | Loan | 8, 17 | Appletree Business Park | 9,032,798 | 3,239,290 | 5,793,508 | 10/31/2020 | 12 | Trailing 12 | 8,934,352 | 3,259,336 | 5,675,015 | 11.4% |
8 | Loan | 35 | First Horizon Plaza | 6,892,993 | 3,027,297 | 3,865,695 | 9/30/2020 | 12 | Trailing 12 | 7,089,751 | 3,316,437 | 3,773,313 | 10.5% |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 48,245,221 | 40,461,820 | 7,783,401 | 9/30/2020 | 12 | Trailing 12 | 94,449,843 | 66,104,698 | 28,345,145 | 15.3% |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 4,897,936 | 2,136,094 | 2,761,841 | 9/30/2020 | 12 | Trailing 12 | 4,897,936 | 2,212,412 | 2,685,524 | 9.3% |
10.01 | Property | | Vista Oaks Apartments | 2,065,502 | 793,616 | 1,271,886 | 9/30/2020 | 12 | Trailing 12 | 2,065,502 | 856,138 | 1,209,364 | |
10.02 | Property | | Oaks at Nassau Apartments | 1,534,198 | 793,491 | 740,707 | 9/30/2020 | 12 | Trailing 12 | 1,534,198 | 778,163 | 756,035 | |
10.03 | Property | | Broadway Village Apartments | 1,298,236 | 548,987 | 749,249 | 9/30/2020 | 12 | Trailing 12 | 1,298,236 | 578,112 | 720,124 | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 96,622,400 | 31,272,093 | 65,350,307 | 9/30/2020 | 9 | Annualized | 104,029,334 | 31,007,624 | 73,021,709 | 9.6% |
12 | Loan | 8, 50 | 32-42 Broadway | 23,543,821 | 10,777,257 | 12,766,564 | 6/30/2020 | 12 | Trailing 12 | 23,169,206 | 10,872,817 | 12,296,389 | 9.8% |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 20,545,319 | 19,480,292 | 1,065,027 | 10/31/2020 | 12 | Trailing 12 | 35,451,900 | 27,006,649 | 8,445,251 | 14.1% |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 9,640,692 | 3,377,373 | 6,263,319 | 7/31/2020 | 12 | Trailing 12 | 11,197,785 | 3,392,125 | 7,805,659 | 8.8% |
14.01 | Property | | El Camino Real | 2,289,312 | 739,578 | 1,549,734 | 7/31/2020 | 12 | Trailing 12 | 3,064,117 | 720,332 | 2,343,786 | |
14.02 | Property | | Galloway Medical Park | 3,173,905 | 1,166,230 | 2,007,674 | 7/31/2020 | 12 | Trailing 12 | 3,268,291 | 1,159,286 | 2,109,005 | |
14.03 | Property | | Snapper Creek | 1,973,769 | 686,878 | 1,286,891 | 7/31/2020 | 12 | Trailing 12 | 2,085,016 | 717,234 | 1,367,782 | |
14.04 | Property | | Temecula Medical Center | 1,062,415 | 402,765 | 659,650 | 7/31/2020 | 12 | Trailing 12 | 1,450,386 | 400,367 | 1,050,019 | |
14.05 | Property | | Activity Medical Center | 856,365 | 271,664 | 584,701 | 7/31/2020 | 12 | Trailing 12 | 1,019,845 | 300,601 | 719,244 | |
14.06 | Property | | Tri-City Medical Park | 284,926 | 110,257 | 174,669 | 7/31/2020 | 12 | Trailing 12 | 310,129 | 94,306 | 215,824 | |
15 | Loan | | Bayshore Villa MHC | 2,231,450 | 841,669 | 1,389,781 | 9/30/2020 | 12 | Trailing 12 | 2,332,518 | 802,008 | 1,530,510 | 10.0% |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | N/A | N/A | N/A | N/A | N/A | Not Available | 5,732,615 | 171,978 | 5,560,637 | 11.7% |
16.01 | Property | | 15535 South State Avenue | N/A | N/A | N/A | N/A | N/A | Not Available | 3,516,392 | 105,492 | 3,410,900 | |
16.02 | Property | | 150 Grand Valley Avenue | N/A | N/A | N/A | N/A | N/A | Not Available | 1,325,784 | 39,774 | 1,286,011 | |
16.03 | Property | | 16052 Industrial Parkway | N/A | N/A | N/A | N/A | N/A | Not Available | 890,439 | 26,713 | 863,726 | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | 1,338,586 | 175,740 | 1,162,846 | 8/31/2020 | 12 | Trailing 12 | 1,328,903 | 211,032 | 1,117,871 | 8.1% |
17.01 | Property | 58 | 3421-35 Richmond Street | 408,847 | 44,085 | 364,762 | 8/31/2020 | 12 | Trailing 12 | 389,615 | 49,257 | 340,359 | |
17.02 | Property | 58 | 811-15 North 2nd Street | 254,750 | 21,598 | 233,152 | 8/31/2020 | 12 | Trailing 12 | 253,365 | 28,175 | 225,190 | |
17.03 | Property | | 180 Grand Street | 194,525 | 24,871 | 169,654 | 8/31/2020 | 12 | Trailing 12 | 188,765 | 30,262 | 158,503 | |
17.04 | Property | | 176-178 Grand Street | 154,774 | 20,364 | 134,410 | 8/31/2020 | 12 | Trailing 12 | 152,772 | 23,738 | 129,033 | |
17.05 | Property | | 1706-10 North 2nd Street | 170,265 | 35,852 | 134,413 | 8/31/2020 | 12 | Trailing 12 | 190,201 | 44,382 | 145,819 | |
17.06 | Property | | 190 West Berks Street | 155,425 | 28,970 | 126,455 | 8/31/2020 | 12 | Trailing 12 | 154,185 | 35,218 | 118,967 | |
18 | Loan | 59, 60, 61 | King City SV | 3,659,611 | 2,267,519 | 1,392,092 | 7/31/2020 | 12 | Trailing 12 | 3,931,002 | 2,295,560 | 1,635,442 | 12.4% |
19 | Loan | 62, 63 | Pacifica Plaza | 2,405,103 | 811,924 | 1,593,180 | 9/30/2020 | 12 | Trailing 12 | 2,413,031 | 766,558 | 1,646,473 | 12.7% |
20 | Loan | | Parkway Office | 1,776,461 | 468,714 | 1,307,747 | 8/31/2020 | 12 | Trailing 12 | 1,836,359 | 487,382 | 1,348,977 | 11.2% |
21 | Loan | 8, 64, 65 | Redmond Town Center | N/A | N/A | N/A | N/A | N/A | Not Available | 15,096,303 | 4,207,821 | 10,888,482 | 10.7% |
22 | Loan | 8, 66, 67 | White Oak Crossing | 8,333,797 | 1,470,557 | 6,863,240 | 9/30/2020 | 10 | Annualized | 8,072,109 | 1,699,717 | 6,372,392 | 10.1% |
23 | Loan | | UM Student Housing Portfolio | 1,936,984 | 603,480 | 1,333,504 | 9/30/2020 | 12 | Trailing 12 | 1,953,552 | 570,048 | 1,383,504 | 12.6% |
24 | Loan | | IOM Villas | 2,767,369 | 1,483,758 | 1,283,611 | 8/31/2020 | 12 | Trailing 12 | 2,787,627 | 1,461,599 | 1,326,028 | 12.1% |
24.01 | Property | | Indian Terrace Villas I-VI | 529,345 | 249,985 | 279,360 | 8/31/2020 | 12 | Trailing 12 | 532,053 | 252,808 | 279,245 | |
24.02 | Property | | Fawn Villas I-IV | 239,742 | 106,728 | 133,014 | 8/31/2020 | 12 | Trailing 12 | 242,317 | 102,433 | 139,884 | |
24.03 | Property | | Delta Villas I-IV | 239,437 | 125,169 | 114,267 | 8/31/2020 | 12 | Trailing 12 | 238,081 | 125,572 | 112,509 | |
24.04 | Property | | Park Ave. Villas I-III | 200,783 | 118,344 | 82,438 | 8/31/2020 | 12 | Trailing 12 | 221,355 | 118,714 | 102,640 | |
24.05 | Property | | Lutz Road Villas I-III | 178,784 | 84,123 | 94,661 | 8/31/2020 | 12 | Trailing 12 | 174,619 | 83,832 | 90,787 | |
24.06 | Property | | Topeka Villas I&II | 135,143 | 71,335 | 63,809 | 8/31/2020 | 12 | Trailing 12 | 133,784 | 69,397 | 64,387 | |
24.07 | Property | | Martin House Villas I&II | 127,104 | 66,442 | 60,662 | 8/31/2020 | 12 | Trailing 12 | 132,438 | 65,333 | 67,105 | |
24.08 | Property | | Shipshewana Villas | 120,147 | 73,059 | 47,088 | 8/31/2020 | 12 | Trailing 12 | 121,074 | 71,968 | 49,106 | |
24.09 | Property | | LaGrange Villas I&II | 110,415 | 61,639 | 48,776 | 8/31/2020 | 12 | Trailing 12 | 110,451 | 58,361 | 52,090 | |
24.10 | Property | | Crown Point Villas I&II | 100,156 | 66,210 | 33,945 | 8/31/2020 | 12 | Trailing 12 | 111,402 | 65,053 | 46,349 | |
24.11 | Property | | Timber Trace Villas | 90,725 | 47,426 | 43,299 | 8/31/2020 | 12 | Trailing 12 | 90,278 | 45,725 | 44,553 | |
24.12 | Property | | Fairmont Villas I&II | 81,972 | 45,298 | 36,674 | 8/31/2020 | 12 | Trailing 12 | 83,662 | 44,344 | 39,318 | |
24.13 | Property | | Oak Tree Villas | 81,588 | 39,661 | 41,927 | 8/31/2020 | 12 | Trailing 12 | 80,315 | 38,237 | 42,078 | |
24.14 | Property | | South Oak Villas | 78,819 | 45,421 | 33,398 | 8/31/2020 | 12 | Trailing 12 | 80,197 | 44,087 | 36,111 | |
24.15 | Property | | West Elm Villas | 81,362 | 42,090 | 39,272 | 8/31/2020 | 12 | Trailing 12 | 77,701 | 41,811 | 35,890 | |
24.16 | Property | | Maple Villas | 55,895 | 27,404 | 28,492 | 8/31/2020 | 12 | Trailing 12 | 53,796 | 25,896 | 27,900 | |
24.17 | Property | | West Unity Villas | 51,702 | 27,239 | 24,463 | 8/31/2020 | 12 | Trailing 12 | 51,976 | 27,321 | 24,656 | |
24.18 | Property | | Shirley Villas | 60,933 | 40,762 | 20,171 | 8/31/2020 | 12 | Trailing 12 | 58,528 | 39,515 | 19,013 | |
24.19 | Property | | Schoolstreet Villas | 82,621 | 60,553 | 22,068 | 8/31/2020 | 12 | Trailing 12 | 75,933 | 58,799 | 17,134 | |
24.20 | Property | | Riverside Villas | 81,649 | 61,452 | 20,197 | 8/31/2020 | 12 | Trailing 12 | 78,819 | 59,181 | 19,639 | |
24.21 | Property | | Ashley Villas | 26,300 | 17,366 | 8,934 | 8/31/2020 | 12 | Trailing 12 | 25,689 | 17,246 | 8,443 | |
24.22 | Property | | West Side Villas | 12,748 | 6,052 | 6,696 | 8/31/2020 | 12 | Trailing 12 | 13,157 | 5,966 | 7,191 | |
25 | Loan | | Paramount Town Center | 1,524,776 | 403,597 | 1,121,179 | 8/30/2020 | 12 | Trailing 12 | 1,475,225 | 399,923 | 1,075,302 | 10.0% |
26 | Loan | 68 | La Quinta Downtown Waco | 2,370,041 | 1,742,922 | 627,119 | 10/31/2020 | 12 | Trailing 12 | 4,031,263 | 2,166,526 | 1,864,737 | 19.9% |
27 | Loan | | 375 Warm Springs | 1,028,636 | 312,823 | 715,813 | 9/30/2020 | 12 | Trailing 12 | 1,329,889 | 367,491 | 962,398 | 11.5% |
28 | Loan | | 4850 Eucalyptus Avenue | 1,036,400 | 152,538 | 883,862 | 10/31/2020 | 12 | Trailing 12 | 1,059,974 | 188,177 | 871,797 | 10.9% |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 1,287,434 | 605,822 | 681,612 | 9/30/2020 | 12 | Trailing 12 | 1,469,456 | 551,540 | 917,916 | 11.5% |
30 | Loan | | South Bronx Medical Office | 1,169,171 | 436,783 | 732,388 | 10/31/2020 | 12 | Trailing 12 | 1,233,105 | 468,176 | 764,929 | 11.3% |
31 | Loan | 71 | Upper West Side Mixed-Use | 1,265,830 | 494,674 | 771,156 | 8/31/2020 | 12 | Trailing 12 | 1,223,076 | 519,445 | 703,630 | 10.7% |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 758,431 | 98,431 | 660,000 | 10/31/2020 | 12 | Trailing 12 | 845,176 | 224,124 | 621,052 | 9.9% |
33 | Loan | | 4781 Broadway | 1,159,262 | 430,902 | 728,360 | 10/31/2020 | 12 | Trailing 12 | 1,260,796 | 427,929 | 832,867 | 13.3% |
34 | Loan | | 2803 NE Loop 410 | 869,310 | 195,890 | 673,421 | 9/30/2020 | 12 | Trailing 12 | 1,002,231 | 211,266 | 790,965 | 13.0% |
35 | Loan | 75 | 7th Street Mixed Use | 833,560 | 274,207 | 559,352 | 9/30/2020 | 12 | Trailing 12 | 837,930 | 335,972 | 501,958 | 9.0% |
36 | Loan | 76 | Hampton Inn Alamogordo | 2,043,552 | 1,075,415 | 968,137 | 8/31/2020 | 12 | Trailing 12 | 2,260,688 | 1,189,632 | 1,071,057 | 19.8% |
37 | Loan | 8, 77 | McCarthy Ranch | 5,025,608 | 1,508,116 | 3,517,493 | 7/31/2020 | 12 | Trailing 12 | 5,379,369 | 1,576,791 | 3,802,578 | 8.5% |
38 | Loan | | Storage Xxtra Hwy 155 | 638,031 | 265,937 | 372,094 | 9/30/2020 | 12 | Trailing 12 | 638,031 | 263,953 | 374,078 | 9.0% |
39 | Loan | 78 | 1404 West University | 224,933 | 138,985 | 85,948 | 8/31/2020 | 12 | Trailing 12 | 489,686 | 134,139 | 355,546 | 8.7% |
40 | Loan | 16 | Big Space Storage | 647,039 | 188,790 | 458,249 | 7/31/2020 | 12 | Trailing 12 | 681,017 | 245,853 | 435,163 | 10.8% |
41 | Loan | | Freedom Storage Dallas | 649,893 | 327,382 | 322,511 | 8/31/2020 | 12 | Trailing 12 | 656,330 | 327,024 | 329,306 | 9.1% |
42 | Loan | | Smitty’s MHP | 584,318 | 249,775 | 334,543 | 9/30/2020 | 6 | Annualized | 584,318 | 286,606 | 297,712 | 10.4% |
43 | Loan | | Georgetown Square | 571,084 | 272,754 | 298,330 | 8/31/2020 | 12 | Trailing 12 | 610,567 | 310,019 | 300,548 | 10.5% |
44 | Loan | 16 | West Bellfort Self Storage | 428,303 | 110,593 | 317,710 | 9/30/2020 | 12 | Trailing 12 | 422,423 | 166,776 | 255,647 | 10.0% |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | 530,845 | 268,169 | 262,676 | 9/30/2020 | 12 | Trailing 12 | 530,845 | 298,145 | 232,700 | 9.3% |
45.01 | Property | | Lake Village MHP | 314,128 | 153,604 | 160,524 | 9/30/2020 | 12 | Trailing 12 | 314,128 | 196,108 | 118,020 | |
45.02 | Property | | Sunnyside Village MHP | 216,717 | 114,565 | 102,152 | 9/30/2020 | 12 | Trailing 12 | 216,717 | 102,037 | 114,681 | |
46 | Loan | 72 | Drive-Up Self Storage | 399,726 | 181,275 | 218,451 | 10/31/2020 | 12 | Trailing 12 | 399,726 | 182,552 | 217,174 | 9.0% |
Control Number | Loan / Property Flag | Footnotes | Property Name | 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 ($) | Appraisal Date | As Is Appraised Value ($) | As Is Appraisal Date | Cut-off Date LTV Ratio (%) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 69,310 | 450,439 | 11,543,568 | 2.30 | 8.2% | 241,000,000 | 11/1/2020 | 241,000,000 | 11/1/2020 | 58.5% |
1.01 | Property | | 15 West 47th Street | 26,628 | 218,206 | 5,708,247 | | | 120,000,000 | 11/1/2020 | 120,000,000 | 11/1/2020 | |
1.02 | Property | | 48 West 48th Street | 27,533 | 160,909 | 3,780,274 | | | 79,000,000 | 11/1/2020 | 79,000,000 | 11/1/2020 | |
1.03 | Property | | 151 West 46th Street | 15,150 | 71,324 | 2,055,047 | | | 42,000,000 | 11/1/2020 | 42,000,000 | 11/1/2020 | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 119,914 | 587,376 | 7,558,347 | 1.50 | 8.4% | 130,100,000 | Various | 130,100,000 | Various | 69.0% |
2.01 | Property | | Hauppauge Office Park | 60,535 | 352,443 | 5,554,506 | | | 97,100,000 | 6/10/2020 | 97,100,000 | 6/10/2020 | |
2.02 | Property | | 20 Commerce | 59,379 | 234,934 | 2,003,841 | | | 33,000,000 | 6/11/2020 | 33,000,000 | 6/11/2020 | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 380,766 | 554,412 | 9,126,973 | 1.74 | 10.0% | 139,600,000 | Various | 139,600,000 | Various | 65.2% |
3.01 | Property | | Newton | 222,000 | 372,368 | 2,725,003 | | | 50,800,000 | 10/16/2020 | 50,800,000 | 10/16/2020 | |
3.02 | Property | | Fort Smith | 11,967 | 77,802 | 2,232,459 | | | 40,800,000 | 10/18/2020 | 40,800,000 | 10/18/2020 | |
3.03 | Property | | Flint | 14,858 | 83,725 | 2,448,060 | | | 27,300,000 | 10/9/2020 | 27,300,000 | 10/9/2020 | |
3.04 | Property | 20 | Coffeyville | 131,940 | 20,517 | 1,721,450 | | | 20,700,000 | 10/21/2020 | 20,700,000 | 10/21/2020 | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 32,774,592 | 0 | 487,305,761 | 4.95 | 17.9% | 4,600,000,000 | 1/10/2020 | 4,600,000,000 | 1/10/2020 | 35.5% |
4.01 | Property | | MGM Grand | 16,011,953 | 0 | 266,596,712 | | | 2,505,000,000 | 1/10/2020 | 2,505,000,000 | 1/10/2020 | |
4.02 | Property | | Mandalay Bay | 16,762,639 | 0 | 220,709,049 | | | 2,095,000,000 | 1/10/2020 | 2,095,000,000 | 1/10/2020 | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 85,006 | 544,350 | 50,675,427 | 2.90 | 9.3% | 1,000,000,000 | 1/23/2020 | 1,000,000,000 | 1/23/2020 | 54.5% |
6 | Loan | | The Senator | 40,322 | 176,797 | 3,434,390 | 2.53 | 8.7% | 59,600,000 | 11/12/2020 | 59,600,000 | 11/12/2020 | 66.6% |
7 | Loan | 8, 17 | Appletree Business Park | 116,956 | 190,371 | 5,367,688 | 1.92 | 10.8% | 87,500,000 | 11/10/2020 | 87,500,000 | 11/10/2020 | 56.9% |
8 | Loan | 35 | First Horizon Plaza | 146,540 | 455,777 | 3,170,996 | 1.59 | 8.8% | 52,100,000 | 10/19/2020 | 52,100,000 | 10/19/2020 | 69.1% |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 3,777,994 | 0 | 24,567,151 | 4.17 | 13.3% | 301,000,000 | 11/10/2020 | 301,000,000 | 11/10/2020 | 61.5% |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 157,669 | 0 | 2,527,855 | 1.35 | 8.7% | 47,075,000 | 10/28/2020 | 45,700,000 | 10/13/2020 | 61.6% |
10.01 | Property | | Vista Oaks Apartments | 66,099 | 0 | 1,143,265 | | | 18,500,000 | 10/13/2020 | 18,500,000 | 10/13/2020 | |
10.02 | Property | | Oaks at Nassau Apartments | 40,954 | 0 | 715,082 | | | 15,700,000 | 10/13/2020 | 15,700,000 | 10/13/2020 | |
10.03 | Property | | Broadway Village Apartments | 50,616 | 0 | 669,508 | | | 11,500,000 | 10/13/2020 | 11,500,000 | 10/13/2020 | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 0 | 2,023,806 | 70,997,903 | 2.46 | 9.3% | 1,640,000,000 | 4/3/2019 | 1,640,000,000 | 4/3/2019 | 46.3% |
12 | Loan | 8, 50 | 32-42 Broadway | 365,101 | 979,245 | 10,952,043 | 2.66 | 8.8% | 243,000,000 | 8/28/2020 | 243,000,000 | 8/28/2020 | 51.4% |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 1,418,076 | 0 | 7,027,175 | 2.09 | 11.7% | 113,800,000 | 1/9/2020 | 113,800,000 | 1/9/2020 | 52.7% |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 83,740 | 402,083 | 7,319,837 | 1.40 | 8.2% | 148,500,000 | 9/18/2020 | 134,390,000 | Various | 59.9% |
14.01 | Property | | El Camino Real | 17,773 | 100,067 | 2,225,945 | | | 47,700,000 | 8/27/2020 | 47,700,000 | 8/27/2020 | |
14.02 | Property | | Galloway Medical Park | 29,708 | 111,717 | 1,967,580 | | | 33,200,000 | 8/31/2020 | 33,200,000 | 8/31/2020 | |
14.03 | Property | | Snapper Creek | 13,704 | 79,331 | 1,274,747 | | | 21,600,000 | 8/31/2020 | 21,600,000 | 8/31/2020 | |
14.04 | Property | | Temecula Medical Center | 12,442 | 58,624 | 978,953 | | | 16,300,000 | 8/26/2020 | 16,300,000 | 8/26/2020 | |
14.05 | Property | | Activity Medical Center | 5,955 | 38,742 | 674,547 | | | 12,350,000 | 8/26/2020 | 12,350,000 | 8/26/2020 | |
14.06 | Property | | Tri-City Medical Park | 4,157 | 13,601 | 198,065 | | | 3,240,000 | 8/26/2020 | 3,240,000 | 8/26/2020 | |
15 | Loan | | Bayshore Villa MHC | 7,150 | 0 | 1,523,360 | 3.28 | 10.0% | 29,400,000 | 11/3/2020 | 29,400,000 | 11/3/2020 | 52.0% |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | 229,334 | 145,245 | 5,186,058 | 2.08 | 11.0% | 73,450,000 | 10/1/2020 | 73,450,000 | 10/1/2020 | 64.4% |
16.01 | Property | | 15535 South State Avenue | 140,674 | 89,093 | 3,181,133 | | | 45,400,000 | 10/1/2020 | 45,400,000 | 10/1/2020 | |
16.02 | Property | | 150 Grand Valley Avenue | 53,038 | 33,591 | 1,199,382 | | | 16,550,000 | 10/1/2020 | 16,550,000 | 10/1/2020 | |
16.03 | Property | | 16052 Industrial Parkway | 35,622 | 22,561 | 805,543 | | | 11,500,000 | 10/1/2020 | 11,500,000 | 10/1/2020 | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | 19,708 | 16,879 | 1,081,284 | 2.32 | 7.9% | 20,200,000 | Various | 20,200,000 | Various | 68.0% |
17.01 | Property | 58 | 3421-35 Richmond Street | 7,697 | 12,761 | 319,901 | | | 5,300,000 | 10/16/2020 | 5,300,000 | 10/16/2020 | |
17.02 | Property | 58 | 811-15 North 2nd Street | 3,036 | 0 | 222,154 | | | 3,850,000 | 10/16/2020 | 3,850,000 | 10/16/2020 | |
17.03 | Property | | 180 Grand Street | 1,234 | 1,100 | 156,169 | | | 3,600,000 | 10/13/2020 | 3,600,000 | 10/13/2020 | |
17.04 | Property | | 176-178 Grand Street | 869 | 1,476 | 126,688 | | | 2,800,000 | 10/13/2020 | 2,800,000 | 10/13/2020 | |
17.05 | Property | | 1706-10 North 2nd Street | 3,692 | 1,542 | 140,585 | | | 2,350,000 | 10/16/2020 | 2,350,000 | 10/16/2020 | |
17.06 | Property | | 190 West Berks Street | 3,180 | 0 | 115,787 | | | 2,300,000 | 10/16/2020 | 2,300,000 | 10/16/2020 | |
18 | Loan | 59, 60, 61 | King City SV | 37,506 | 0 | 1,597,936 | 3.94 | 12.1% | 24,100,000 | 7/8/2020 | 24,100,000 | 7/8/2020 | 54.8% |
19 | Loan | 62, 63 | Pacifica Plaza | 18,637 | 74,546 | 1,553,290 | 2.43 | 11.9% | 27,200,000 | 10/29/2020 | 27,200,000 | 10/29/2020 | 47.8% |
20 | Loan | | Parkway Office | 12,669 | 119,284 | 1,217,024 | 2.74 | 10.1% | 20,640,000 | 10/5/2020 | 20,640,000 | 10/5/2020 | 58.1% |
21 | Loan | 8, 64, 65 | Redmond Town Center | 57,962 | 637,089 | 10,193,431 | 1.79 | 10.0% | 151,000,000 | 8/4/2020 | 151,000,000 | 8/4/2020 | 67.2% |
22 | Loan | 8, 66, 67 | White Oak Crossing | 163,641 | 192,065 | 6,016,686 | 1.75 | 9.5% | 86,750,000 | 10/7/2019 | 86,750,000 | 10/7/2019 | 73.1% |
23 | Loan | | UM Student Housing Portfolio | 25,760 | 0 | 1,357,744 | 3.81 | 12.3% | 25,400,000 | 10/27/2020 | 25,400,000 | 10/27/2020 | 43.3% |
24 | Loan | | IOM Villas | 181,824 | 0 | 1,144,204 | 1.66 | 10.4% | 16,705,000 | Various | 16,705,000 | Various | 65.8% |
24.01 | Property | | Indian Terrace Villas I-VI | 33,298 | 0 | 245,947 | | | 3,580,000 | 9/30/2020 | 3,580,000 | 9/30/2020 | |
24.02 | Property | | Fawn Villas I-IV | 15,773 | 0 | 124,112 | | | 1,530,000 | 9/30/2020 | 1,530,000 | 9/30/2020 | |
24.03 | Property | | Delta Villas I-IV | 15,773 | 0 | 96,736 | | | 1,340,000 | 9/29/2020 | 1,340,000 | 9/29/2020 | |
24.04 | Property | | Park Ave. Villas I-III | 15,773 | 0 | 86,868 | | | 1,270,000 | 9/29/2020 | 1,270,000 | 9/29/2020 | |
24.05 | Property | | Lutz Road Villas I-III | 12,268 | 0 | 78,519 | | | 1,100,000 | 9/29/2020 | 1,100,000 | 9/29/2020 | |
24.06 | Property | | Topeka Villas I&II | 7,886 | 0 | 56,501 | | | 850,000 | 10/2/2020 | 850,000 | 10/2/2020 | |
24.07 | Property | | Martin House Villas I&II | 7,886 | 0 | 59,218 | | | 850,000 | 10/2/2020 | 850,000 | 10/2/2020 | |
24.08 | Property | | Shipshewana Villas | 7,010 | 0 | 42,096 | | | 700,000 | 10/2/2020 | 700,000 | 10/2/2020 | |
24.09 | Property | | LaGrange Villas I&II | 7,010 | 0 | 45,080 | | | 650,000 | 10/2/2020 | 650,000 | 10/2/2020 | |
24.10 | Property | | Crown Point Villas I&II | 7,010 | 0 | 39,339 | | | 600,000 | 10/2/2020 | 600,000 | 10/2/2020 | |
24.11 | Property | | Timber Trace Villas | 5,258 | 0 | 39,295 | | | 600,000 | 9/30/2020 | 600,000 | 9/30/2020 | |
24.12 | Property | | Fairmont Villas I&II | 5,258 | 0 | 34,060 | | | 530,000 | 10/2/2020 | 530,000 | 10/2/2020 | |
24.13 | Property | | Oak Tree Villas | 5,258 | 0 | 36,821 | | | 500,000 | 9/30/2020 | 500,000 | 9/30/2020 | |
24.14 | Property | | South Oak Villas | 5,258 | 0 | 30,853 | | | 480,000 | 9/30/2020 | 480,000 | 9/30/2020 | |
24.15 | Property | | West Elm Villas | 5,258 | 0 | 30,633 | | | 470,000 | 9/29/2020 | 470,000 | 9/29/2020 | |
24.16 | Property | | Maple Villas | 3,505 | 0 | 24,395 | | | 280,000 | 9/30/2020 | 280,000 | 9/30/2020 | |
24.17 | Property | | West Unity Villas | 3,505 | 0 | 21,150 | | | 290,000 | 9/29/2020 | 290,000 | 9/29/2020 | |
24.18 | Property | | Shirley Villas | 4,381 | 0 | 14,631 | | | 260,000 | 9/30/2020 | 260,000 | 9/30/2020 | |
24.19 | Property | | Schoolstreet Villas | 5,258 | 0 | 11,876 | | | 330,000 | 9/29/2020 | 330,000 | 9/29/2020 | |
24.20 | Property | | Riverside Villas | 6,572 | 0 | 13,067 | | | 290,000 | 10/2/2020 | 290,000 | 10/2/2020 | |
24.21 | Property | | Ashley Villas | 1,753 | 0 | 6,690 | | | 130,000 | 9/30/2020 | 130,000 | 9/30/2020 | |
24.22 | Property | | West Side Villas | 876 | 0 | 6,315 | | | 75,000 | 9/29/2020 | 75,000 | 9/29/2020 | |
25 | Loan | | Paramount Town Center | 17,186 | 16,113 | 1,042,002 | 2.58 | 9.6% | 18,100,000 | 1/28/2020 | 18,100,000 | 1/28/2020 | 59.7% |
26 | Loan | 68 | La Quinta Downtown Waco | 161,251 | 0 | 1,703,486 | 3.06 | 18.2% | 17,400,000 | 2/4/2020 | 17,400,000 | 2/4/2020 | 53.9% |
27 | Loan | | 375 Warm Springs | 17,772 | 68,353 | 876,273 | 3.28 | 10.5% | 13,100,000 | 9/3/2020 | 13,100,000 | 9/3/2020 | 63.7% |
28 | Loan | | 4850 Eucalyptus Avenue | 9,698 | 34,482 | 827,618 | 2.87 | 10.3% | 16,100,000 | 11/4/2020 | 16,100,000 | 11/4/2020 | 49.7% |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 24,700 | 52,652 | 840,564 | 1.80 | 10.6% | 11,850,000 | 7/17/2020 | 11,850,000 | 7/17/2020 | 67.2% |
30 | Loan | | South Bronx Medical Office | 6,047 | 15,000 | 743,881 | 3.22 | 11.0% | 12,200,000 | 11/17/2020 | 12,200,000 | 11/17/2020 | 55.3% |
31 | Loan | 71 | Upper West Side Mixed-Use | 3,525 | 0 | 700,105 | 2.52 | 10.6% | 11,400,000 | 9/30/2020 | 11,400,000 | 9/30/2020 | 57.9% |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 11,490 | 22,980 | 586,582 | 1.74 | 9.4% | 9,800,000 | 11/13/2020 | 9,800,000 | 11/13/2020 | 63.9% |
33 | Loan | | 4781 Broadway | 2,659 | 10,000 | 820,208 | 3.84 | 13.1% | 13,150,000 | 11/17/2020 | 13,150,000 | 11/17/2020 | 47.5% |
34 | Loan | | 2803 NE Loop 410 | 14,947 | 74,733 | 701,285 | 3.71 | 11.5% | 9,400,000 | 9/29/2020 | 9,400,000 | 9/29/2020 | 64.9% |
35 | Loan | 75 | 7th Street Mixed Use | 8,638 | 8,448 | 484,872 | 2.27 | 8.7% | 9,240,000 | 9/16/2020 | 9,240,000 | 9/16/2020 | 60.6% |
36 | Loan | 76 | Hampton Inn Alamogordo | 90,428 | 0 | 980,629 | 2.76 | 18.1% | 8,700,000 | 11/25/2019 | 8,700,000 | 11/25/2019 | 62.3% |
37 | Loan | 8, 77 | McCarthy Ranch | 53,199 | 199,496 | 3,549,884 | 2.11 | 7.9% | 74,400,000 | 12/4/2019 | 74,400,000 | 12/4/2019 | 60.5% |
38 | Loan | | Storage Xxtra Hwy 155 | 6,714 | 0 | 367,364 | 1.62 | 8.9% | 7,000,000 | 10/23/2020 | 7,000,000 | 10/23/2020 | 59.2% |
39 | Loan | 78 | 1404 West University | 2,148 | 9,746 | 343,652 | 1.88 | 8.4% | 6,060,000 | 11/2/2020 | 5,700,000 | 11/2/2020 | 67.2% |
40 | Loan | 16 | Big Space Storage | 13,776 | 0 | 421,387 | 1.85 | 10.5% | 6,540,000 | 7/16/2020 | 6,540,000 | 7/16/2020 | 61.5% |
41 | Loan | | Freedom Storage Dallas | 2,513 | 0 | 326,793 | 1.62 | 9.0% | 6,200,000 | 9/25/2020 | 6,200,000 | 9/25/2020 | 58.5% |
42 | Loan | | Smitty’s MHP | 13,350 | 0 | 284,362 | 1.66 | 9.9% | 6,320,000 | 9/25/2020 | 6,320,000 | 9/25/2020 | 45.3% |
43 | Loan | | Georgetown Square | 3,238 | 24,284 | 273,027 | 1.60 | 9.6% | 4,340,000 | 2/14/2020 | 4,340,000 | 2/14/2020 | 65.7% |
44 | Loan | 16 | West Bellfort Self Storage | 4,293 | 0 | 251,355 | 1.58 | 9.9% | 3,950,000 | 9/30/2020 | 3,950,000 | 9/30/2020 | 64.5% |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | 9,950 | 0 | 222,750 | 1.49 | 8.9% | 3,810,000 | 10/16/2020 | 3,810,000 | 10/16/2020 | 66.0% |
45.01 | Property | | Lake Village MHP | 6,600 | 0 | 111,420 | | | 2,200,000 | 10/16/2020 | 2,200,000 | 10/16/2020 | |
45.02 | Property | | Sunnyside Village MHP | 3,350 | 0 | 111,331 | | | 1,610,000 | 10/16/2020 | 1,610,000 | 10/16/2020 | |
46 | Loan | 72 | Drive-Up Self Storage | 4,021 | 0 | 213,153 | 1.55 | 8.9% | 4,420,000 | 11/5/2020 | 4,420,000 | 11/5/2020 | 54.3% |
Control Number | Loan / Property Flag | Footnotes | Property Name | 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 |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 58.5% | 95.3% | | NAP | NAP | | | | | |
1.01 | Property | | 15 West 47th Street | | 88.1% | 11/5/2020 | NAP | NAP | Avi & Co. Ny Corp. | 4,697 | 8/31/2025 | Diamond Services | 3,884 |
1.02 | Property | | 48 West 48th Street | | 100.0% | 11/3/2020 | NAP | NAP | Rockefeller Corp. | 10,350 | 5/31/2030 | Luccello, Inc. | 5,100 |
1.03 | Property | | 151 West 46th Street | | 100.0% | 11/1/2020 | NAP | NAP | Havana Central- Ny 2, LLC | 5,000 | 12/31/2029 | Neiger LLP | 5,000 |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 59.5% | 86.8% | | NAP | NAP | | | | | |
2.01 | Property | | Hauppauge Office Park | | 91.1% | 12/1/2020 | NAP | NAP | Allstate Insurance | 87,945 | 10/31/2026 | The Bridgehampton National Bank | 83,426 |
2.02 | Property | | 20 Commerce | | 80.4% | 12/1/2020 | NAP | NAP | Lerner David Littenberg Krumholz & Mentlik, LLP | 34,373 | 6/30/2030 | Herbert L. Jamison & Co., L.L.C. | 24,838 |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 53.5% | 81.8% | | NAP | NAP | | | | | |
3.01 | Property | | Newton | | 77.5% | 11/16/2020 | NAP | NAP | Arcosa Wind Towers | 299,461 | 4/30/2022 | Graphic Packaging | 222,402 |
3.02 | Property | | Fort Smith | | 67.8% | 11/16/2020 | NAP | NAP | MP Warehouse, Inc. | 355,139 | 6/30/2024 | Mars Petcare US, Inc. | 307,815 |
3.03 | Property | | Flint | | 99.4% | 11/16/2020 | NAP | NAP | Genesee Packaging Inc. | 290,267 | 7/31/2024 | Hirotec America Inc. | 143,689 |
3.04 | Property | 20 | Coffeyville | | 100.0% | 12/1/2020 | NAP | NAP | Array Technologies, Inc. | 879,600 | 12/31/2022 | NAP | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 35.5% | 71.4% | | 196.52 | 180.94 | | | | | |
4.01 | Property | | MGM Grand | | 68.5% | 9/30/2020 | 190.29 | 173.85 | NAP | | | NAP | |
4.02 | Property | | Mandalay Bay | | 74.8% | 9/30/2020 | 202.98 | 188.40 | NAP | | | NAP | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 54.5% | 76.5% | 1/31/2020 | NAP | NAP | SunTrust Banks | 84,516 | 4/30/2024 | Allen & Company | 70,972 |
6 | Loan | | The Senator | 66.6% | 86.0% | 11/30/2020 | NAP | NAP | California Manufacturers and Technology Association | 15,627 | 12/31/2030 | Lang, Hansen, Giroux & Associates | 10,877 |
7 | Loan | 8, 17 | Appletree Business Park | 47.5% | 94.9% | 11/18/2020 | NAP | NAP | Internal Revenue Service | 96,150 | 12/26/2035 | County of Erie | 78,229 |
8 | Loan | 35 | First Horizon Plaza | 54.3% | 82.1% | 10/1/2020 | NAP | NAP | First Horizon Bank | 63,124 | 9/30/2024 | Brunswick Corporation | 35,979 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 61.5% | 44.1% | 9/30/2020 | 295.53 | 253.69 | NAP | | | NAP | |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 49.3% | 94.3% | | NAP | NAP | | | | | |
10.01 | Property | | Vista Oaks Apartments | | 94.9% | 11/30/2020 | NAP | NAP | NAP | | | NAP | |
10.02 | Property | | Oaks at Nassau Apartments | | 90.7% | 11/30/2020 | NAP | NAP | NAP | | | NAP | |
10.03 | Property | | Broadway Village Apartments | | 96.2% | 11/30/2020 | NAP | NAP | NAP | | | NAP | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 46.3% | 93.0% | 9/30/2020 | NAP | NAP | Venetian Casino Resort | 81,105 | 5/31/2029 | TAO | 49,441 |
12 | Loan | 8, 50 | 32-42 Broadway | 51.4% | 90.5% | 9/1/2020 | NAP | NAP | City of NY Dept of Consumer Affairs | 85,573 | 7/31/2027 | City of NY Board of Elections | 52,618 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 47.7% | 65.4% | 12/31/2019 | 236.22 | 154.44 | NAP | | | NAP | |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 52.1% | 96.2% | | NAP | NAP | | | | | |
14.01 | Property | | El Camino Real | | 88.5% | 9/21/2020 | NAP | NAP | AAA | 8,626 | 6/30/2026 | Rady's Children's Hospital | 8,309 |
14.02 | Property | | Galloway Medical Park | | 98.7% | 9/1/2020 | NAP | NAP | Diagnostic Center for Women | 14,730 | 6/30/2024 | South Florida Digest / Gastro Health, P.L. | 13,981 |
14.03 | Property | | Snapper Creek | | 100.0% | 9/1/2020 | NAP | NAP | South Florida Pediatric | 7,500 | 12/31/2021 | Unique Medical Centers | 6,165 |
14.04 | Property | | Temecula Medical Center | | 96.0% | 9/21/2020 | NAP | NAP | Rady's Children's Hospital | 7,078 | 5/31/2026 | State of California | 4,378 |
14.05 | Property | | Activity Medical Center | | 100.0% | 9/21/2020 | NAP | NAP | Oasis Ortho & Oasis Plastic Surgery | 5,341 | 9/30/2031 | Peak Diagnostics | 4,007 |
14.06 | Property | | Tri-City Medical Park | | 100.0% | 9/21/2020 | NAP | NAP | Tri-City Hospital | 4,632 | 7/31/2022 | ShareMD Suites | 3,262 |
15 | Loan | | Bayshore Villa MHC | 52.0% | 93.7% | 10/22/2020 | NAP | NAP | NAP | | | NAP | |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | 57.8% | 100.0% | | NAP | NAP | | | | | |
16.01 | Property | | 15535 South State Avenue | | 100.0% | 12/1/2020 | NAP | NAP | Cabinetworks | 937,825 | 8/31/2040 | NAP | |
16.02 | Property | | 150 Grand Valley Avenue | | 100.0% | 12/1/2020 | NAP | NAP | Cabinetworks | 353,588 | 8/31/2040 | NAP | |
16.03 | Property | | 16052 Industrial Parkway | | 100.0% | 12/1/2020 | NAP | NAP | Cabinetworks | 237,481 | 8/31/2040 | NAP | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | 68.0% | 93.2% | | NAP | NAP | | | | | |
17.01 | Property | 58 | 3421-35 Richmond Street | | 80.8% | 11/10/2020 | NAP | NAP | NAP | | | NAP | |
17.02 | Property | 58 | 811-15 North 2nd Street | | 100.0% | 11/10/2020 | NAP | NAP | NAP | | | NAP | |
17.03 | Property | | 180 Grand Street | | 100.0% | 11/10/2020 | NAP | NAP | NAP | | | NAP | |
17.04 | Property | | 176-178 Grand Street | | 100.0% | 11/10/2020 | NAP | NAP | NAP | | | NAP | |
17.05 | Property | | 1706-10 North 2nd Street | | 100.0% | 11/10/2020 | NAP | NAP | NAP | | | NAP | |
17.06 | Property | | 190 West Berks Street | | 100.0% | 11/10/2020 | NAP | NAP | NAP | | | NAP | |
18 | Loan | 59, 60, 61 | King City SV | 54.8% | 93.9% | 9/24/2020 | NAP | NAP | NAP | | | NAP | |
19 | Loan | 62, 63 | Pacifica Plaza | 42.4% | 92.8% | 9/30/2020 | NAP | NAP | Applied Financial Planning Inc. | 5,806 | 3/31/2026 | USG Insurance Services, Inc. | 5,539 |
20 | Loan | | Parkway Office | 58.1% | 100.0% | 12/1/2020 | NAP | NAP | County of Sacramento | 95,427 | 6/30/2027 | NAP | |
21 | Loan | 8, 64, 65 | Redmond Town Center | 63.5% | 92.9% | 1/15/2020 | NAP | NAP | iPic Theaters | 38,858 | 9/30/2025 | Guitar Center | 15,393 |
22 | Loan | 8, 66, 67 | White Oak Crossing | 64.2% | 93.0% | 6/30/2020 | NAP | NAP | BJ's Wholesale Club | 115,396 | 8/31/2023 | Kohl's | 86,584 |
23 | Loan | | UM Student Housing Portfolio | 43.3% | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24 | Loan | | IOM Villas | 53.7% | 97.1% | | NAP | NAP | | | | | |
24.01 | Property | | Indian Terrace Villas I-VI | | 98.7% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.02 | Property | | Fawn Villas I-IV | | 94.4% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.03 | Property | | Delta Villas I-IV | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.04 | Property | | Park Ave. Villas I-III | | 94.4% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.05 | Property | | Lutz Road Villas I-III | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.06 | Property | | Topeka Villas I&II | | 94.4% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.07 | Property | | Martin House Villas I&II | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.08 | Property | | Shipshewana Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.09 | Property | | LaGrange Villas I&II | | 93.8% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.10 | Property | | Crown Point Villas I&II | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.11 | Property | | Timber Trace Villas | | 83.3% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.12 | Property | | Fairmont Villas I&II | | 91.7% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.13 | Property | | Oak Tree Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.14 | Property | | South Oak Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.15 | Property | | West Elm Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.16 | Property | | Maple Villas | | 75.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.17 | Property | | West Unity Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.18 | Property | | Shirley Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.19 | Property | | Schoolstreet Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.20 | Property | | Riverside Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.21 | Property | | Ashley Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
24.22 | Property | | West Side Villas | | 100.0% | 10/1/2020 | NAP | NAP | NAP | | | NAP | |
25 | Loan | | Paramount Town Center | 59.7% | 100.0% | 9/30/2020 | NAP | NAP | Ross Dress For Less | 28,125 | 1/31/2027 | Wells Fargo | 4,562 |
26 | Loan | 68 | La Quinta Downtown Waco | 43.7% | 50.4% | 10/31/2020 | 131.45 | 92.15 | NAP | | | NAP | |
27 | Loan | | 375 Warm Springs | 63.7% | 98.2% | 11/3/2020 | NAP | NAP | State of Nevada (Division of Welfare) | 16,669 | 11/30/2024 | State of Nevada (Department of Environmental Protection) | 10,658 |
28 | Loan | | 4850 Eucalyptus Avenue | 49.7% | 100.0% | 11/1/2020 | NAP | NAP | Balaji Trading, Inc. | 46,204 | 11/1/2035 | McFerran Furniture | 40,000 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 53.9% | 96.2% | 11/1/2020 | NAP | NAP | Orlando Medical Institute LLC | 12,584 | 8/31/2025 | IBTS 1 LLC | 7,661 |
30 | Loan | | South Bronx Medical Office | 55.3% | 100.0% | 11/30/2020 | NAP | NAP | Acacia Network (Casa de Salud) | 22,815 | 4/30/2031 | HIP of Greater NY | 17,500 |
31 | Loan | 71 | Upper West Side Mixed-Use | 57.9% | 100.0% | 9/25/2020 | NAP | NAP | JPMorgan Chase Ground Level | 3,500 | 7/31/2024 | NAP | |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 57.5% | 100.0% | 12/1/2020 | NAP | NAP | Avon Protection Systems, Inc. | 114,900 | 1/31/2035 | NAP | |
33 | Loan | | 4781 Broadway | 47.5% | 100.0% | 11/30/2020 | NAP | NAP | NY Presbyterian Hospital | 16,325 | 12/31/2030 | Town Drug | 1,401 |
34 | Loan | | 2803 NE Loop 410 | 64.9% | 100.0% | 10/1/2020 | NAP | NAP | Team Combat | 10,610 | 1/31/2026 | Aviva | 8,510 |
35 | Loan | 75 | 7th Street Mixed Use | 60.6% | 98.5% | 11/16/2020 | NAP | NAP | Chanco LLC | 8,899 | 9/14/2024 | Algeria Community Living | 3,100 |
36 | Loan | 76 | Hampton Inn Alamogordo | 45.8% | 69.3% | 8/31/2020 | 114.72 | 88.34 | NAP | | | NAP | |
37 | Loan | 8, 77 | McCarthy Ranch | 60.5% | 83.6% | 7/31/2020 | NAP | NAP | Best Buy | 51,250 | 1/31/2025 | Big Al's | 46,000 |
38 | Loan | | Storage Xxtra Hwy 155 | 46.4% | 91.5% | 10/29/2020 | NAP | NAP | NAP | | | NAP | |
39 | Loan | 78 | 1404 West University | 67.2% | 100.0% | 12/1/2020 | NAP | NAP | Foxtail Coffee LOI | 2,249 | 2/28/2031 | SusHi EatStation | 2,200 |
40 | Loan | 16 | Big Space Storage | 51.7% | 98.1% | 8/16/2020 | NAP | NAP | NAP | | | NAP | |
41 | Loan | | Freedom Storage Dallas | 52.8% | 94.1% | 9/15/2020 | NAP | NAP | NAP | | | NAP | |
42 | Loan | | Smitty’s MHP | 36.5% | 55.4% | 10/20/2020 | NAP | NAP | NAP | | | NAP | |
43 | Loan | | Georgetown Square | 60.0% | 100.0% | 8/31/2020 | NAP | NAP | Anytime Fitness | 5,000 | 12/31/2022 | Home Dialysis Services | 3,000 |
44 | Loan | 16 | West Bellfort Self Storage | 59.2% | 94.2% | 10/6/2020 | NAP | NAP | NAP | | | NAP | |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | 53.0% | 67.8% | | NAP | NAP | | | | | |
45.01 | Property | | Lake Village MHP | | 56.8% | 11/18/2020 | NAP | NAP | NAP | | | NAP | |
45.02 | Property | | Sunnyside Village MHP | | 89.6% | 11/18/2020 | NAP | NAP | NAP | | | NAP | |
46 | Loan | 72 | Drive-Up Self Storage | 49.3% | 87.7% | 12/4/2020 | NAP | NAP | NAP | | | NAP | |
Control Number | Loan / Property Flag | Footnotes | Property Name | Second Largest Tenant Lease Expiration (6) | Third Largest Tenant | Third Largest Tenant Sq Ft | Third Largest Tenant Lease Expiration (6) | 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) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | | | | | | | | | | |
1.01 | Property | | 15 West 47th Street | 1/31/2022 | The Del Gatto Luxury Group LLC | 3,473 | 8/31/2025 | Gogreen Diamonds Inc. | 2,546 | 12/31/2025 | Luxury Time NYC Inc. | 2,500 | 10/31/2025 |
1.02 | Property | | 48 West 48th Street | 11/30/2026 | EZ Estate LLC | 4,763 | 4/30/2022 | Intercolor Inc. | 4,069 | 6/30/2021 | Sunrise Jewelry Corp | 3,973 | 1/31/2023 |
1.03 | Property | | 151 West 46th Street | 8/31/2023 | City Casting Corp. | 5,000 | 3/31/2022 | Artevyl Kiab LLC | 5,000 | 7/31/2029 | T. O. Dey Corp | 5,000 | 8/31/2022 |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | | | | | | | | | | |
2.01 | Property | | Hauppauge Office Park | 3/31/2028 | Morgan Stanley | 10,630 | 8/31/2031 | Viner Finance Inc. | 8,870 | 6/30/2023 | TheraCare Preschool Services, Inc. | 8,778 | 7/31/2027 |
2.02 | Property | | 20 Commerce | 5/31/2025 | O'Connor Davies, LLP | 19,503 | 11/30/2022 | Crossmark, Inc. | 13,171 | 3/31/2021 | Allstate Insurance Company | 12,800 | 6/30/2024 |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | | | | | | | | | | |
3.01 | Property | | Newton | 12/31/2027 | FBN Inputs LLC | 186,508 | 6/30/2028 | Whirlpool Corporation | 133,405 | 12/31/2023 | MidAmerican Energy Co. | 129,521 | 12/31/2023 |
3.02 | Property | | Fort Smith | 8/31/2023 | Stryten Manufacturing, LLC | 148,196 | 12/31/2025 | NAP | | | NAP | | |
3.03 | Property | | Flint | 5/31/2026 | Webcor Packaging Corporation | 58,493 | 12/31/2022 | ADESA Lansing, LLC | 1 | 10/31/2028 | NAP | | |
3.04 | Property | 20 | Coffeyville | | NAP | | | NAP | | | NAP | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | | | | | | | | | | |
4.01 | Property | | MGM Grand | | NAP | | | NAP | | | NAP | | |
4.02 | Property | | Mandalay Bay | | NAP | | | NAP | | | NAP | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 9/30/2033 | Ralph Lauren | 38,638 | 6/30/2029 | Loro Piana USA | 24,388 | 8/31/2025 | Sandler Capital | 17,200 | 6/30/2027 |
6 | Loan | | The Senator | 11/30/2025 | School Services of California | 8,783 | 5/31/2025 | Metropolitan Water District of Southern California | 7,940 | 5/31/2028 | Reed Addis | 7,240 | 2/29/2032 |
7 | Loan | 8, 17 | Appletree Business Park | 3/31/2024 | Time Warner NY Cable LLC | 54,343 | 11/30/2023 | First Choice Evaluations | 26,345 | 8/31/2027 | M&T Bank | 25,324 | 11/30/2021 |
8 | Loan | 35 | First Horizon Plaza | 3/31/2027 | Kramer Rayson, LLP | 18,179 | 12/31/2025 | Federal Defender Services of Eastern Tennessee, Inc. | 15,261 | 9/9/2022 | Arnett, Draper, and Hagood | 13,677 | 12/31/2024 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | | NAP | | | NAP | | | NAP | | |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | | | | | | | | | | |
10.01 | Property | | Vista Oaks Apartments | | NAP | | | NAP | | | NAP | | |
10.02 | Property | | Oaks at Nassau Apartments | | NAP | | | NAP | | | NAP | | |
10.03 | Property | | Broadway Village Apartments | | NAP | | | NAP | | | NAP | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 1/31/2025 | Madame Tussauds Las Vegas | 28,235 | 7/31/2024 | Regis Galerie | 28,099 | 5/31/2025 | Grand Lux Cafe | 19,100 | 12/31/2029 |
12 | Loan | 8, 50 | 32-42 Broadway | 2/6/2022 | Magilla Entertainment, LLC | 33,106 | 9/15/2024 | Premier Home Health Care Services, Inc. | 18,000 | 1/31/2023 | Agudath Israel of America | 17,000 | 1/31/2026 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | | NAP | | | NAP | | | NAP | | |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | | | | | | | | | | |
14.01 | Property | | El Camino Real | 1/31/2028 | Sola Salons | 5,872 | 12/14/2021 | ShareMD Suites | 5,660 | 9/30/2032 | Anicira Veterniary Center | 4,760 | 12/31/2030 |
14.02 | Property | | Galloway Medical Park | 6/30/2024 | Baptist Cardiovascular Center | 12,758 | 11/30/2025 | Baptist Surgery & Endoscopy Centers, LLC | 12,261 | 6/30/2024 | Urology Center SoFlo | 7,124 | 8/26/2021 |
14.03 | Property | | Snapper Creek | 11/30/2024 | FemCare OBGYN, LLC | 6,120 | 9/30/2025 | Asthma+Allergy CB&Y | 5,427 | 1/31/2021 | Dermcare | 4,532 | 9/30/2026 |
14.04 | Property | | Temecula Medical Center | 1/31/2031 | Oasis MD / Summit Institute | 3,480 | 3/31/2028 | David T. Phan, DDS, Inc. | 3,000 | 2/28/2031 | Quest Diagnostics | 2,922 | 10/31/2024 |
14.05 | Property | | Activity Medical Center | 3/31/2028 | ShareMD Suites | 3,057 | 10/31/2032 | Sports Medicine Foundation | 2,828 | 8/31/2031 | Prime Med Spa | 2,704 | 3/31/2028 |
14.06 | Property | | Tri-City Medical Park | 10/31/2032 | ENT Associates | 2,181 | 8/31/2022 | NAP | | | NAP | | |
15 | Loan | | Bayshore Villa MHC | | NAP | | | NAP | | | NAP | | |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | | | | | | | | | | |
16.01 | Property | | 15535 South State Avenue | | NAP | | | NAP | | | NAP | | |
16.02 | Property | | 150 Grand Valley Avenue | | NAP | | | NAP | | | NAP | | |
16.03 | Property | | 16052 Industrial Parkway | | NAP | | | NAP | | | NAP | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | | | | | | | | | | |
17.01 | Property | 58 | 3421-35 Richmond Street | | NAP | | | NAP | | | NAP | | |
17.02 | Property | 58 | 811-15 North 2nd Street | | NAP | | | NAP | | | NAP | | |
17.03 | Property | | 180 Grand Street | | NAP | | | NAP | | | NAP | | |
17.04 | Property | | 176-178 Grand Street | | NAP | | | NAP | | | NAP | | |
17.05 | Property | | 1706-10 North 2nd Street | | NAP | | | NAP | | | NAP | | |
17.06 | Property | | 190 West Berks Street | | NAP | | | NAP | | | NAP | | |
18 | Loan | 59, 60, 61 | King City SV | | NAP | | | NAP | | | NAP | | |
19 | Loan | 62, 63 | Pacifica Plaza | 11/30/2022 | GGEC America, Inc. | 4,970 | 3/31/2021 | Closingmark Home Loans, Inc. | 4,610 | 5/31/2022 | Localligence, Inc. / Ntersol, Inc. | 4,491 | 4/30/2022 |
20 | Loan | | Parkway Office | | NAP | | | NAP | | | NAP | | |
21 | Loan | 8, 64, 65 | Redmond Town Center | 5/31/2025 | Haiku Seafood & Sushi Buffet | 11,381 | 9/30/2021 | Pediatric Associates, Inc. P.S. | 10,996 | 9/30/2028 | Gene Juarez Salon & Spa | 9,568 | 5/31/2024 |
22 | Loan | 8, 66, 67 | White Oak Crossing | 1/31/2024 | Dick's Sporting Goods | 45,624 | 1/31/2024 | Best Buy | 45,000 | 1/31/2024 | Ross Dress for Less | 30,187 | 1/31/2024 |
23 | Loan | | UM Student Housing Portfolio | | NAP | | | NAP | | | NAP | | |
24 | Loan | | IOM Villas | | | | | | | | | | |
24.01 | Property | | Indian Terrace Villas I-VI | | NAP | | | NAP | | | NAP | | |
24.02 | Property | | Fawn Villas I-IV | | NAP | | | NAP | | | NAP | | |
24.03 | Property | | Delta Villas I-IV | | NAP | | | NAP | | | NAP | | |
24.04 | Property | | Park Ave. Villas I-III | | NAP | | | NAP | | | NAP | | |
24.05 | Property | | Lutz Road Villas I-III | | NAP | | | NAP | | | NAP | | |
24.06 | Property | | Topeka Villas I&II | | NAP | | | NAP | | | NAP | | |
24.07 | Property | | Martin House Villas I&II | | NAP | | | NAP | | | NAP | | |
24.08 | Property | | Shipshewana Villas | | NAP | | | NAP | | | NAP | | |
24.09 | Property | | LaGrange Villas I&II | | NAP | | | NAP | | | NAP | | |
24.10 | Property | | Crown Point Villas I&II | | NAP | | | NAP | | | NAP | | |
24.11 | Property | | Timber Trace Villas | | NAP | | | NAP | | | NAP | | |
24.12 | Property | | Fairmont Villas I&II | | NAP | | | NAP | | | NAP | | |
24.13 | Property | | Oak Tree Villas | | NAP | | | NAP | | | NAP | | |
24.14 | Property | | South Oak Villas | | NAP | | | NAP | | | NAP | | |
24.15 | Property | | West Elm Villas | | NAP | | | NAP | | | NAP | | |
24.16 | Property | | Maple Villas | | NAP | | | NAP | | | NAP | | |
24.17 | Property | | West Unity Villas | | NAP | | | NAP | | | NAP | | |
24.18 | Property | | Shirley Villas | | NAP | | | NAP | | | NAP | | |
24.19 | Property | | Schoolstreet Villas | | NAP | | | NAP | | | NAP | | |
24.20 | Property | | Riverside Villas | | NAP | | | NAP | | | NAP | | |
24.21 | Property | | Ashley Villas | | NAP | | | NAP | | | NAP | | |
24.22 | Property | | West Side Villas | | NAP | | | NAP | | | NAP | | |
25 | Loan | | Paramount Town Center | 6/20/2026 | IHOP | 4,536 | 1/31/2027 | Harbor-UCLA | 4,460 | 9/30/2023 | La Michoacana Premium | 4,450 | 3/31/2022 |
26 | Loan | 68 | La Quinta Downtown Waco | | NAP | | | NAP | | | NAP | | |
27 | Loan | | 375 Warm Springs | 6/30/2029 | Assured Partners | 9,631 | 8/31/2026 | Paramount Marketing | 8,656 | 6/30/2025 | Cohen-Johnson | 7,554 | 2/28/2026 |
28 | Loan | | 4850 Eucalyptus Avenue | 11/1/2032 | NAP | | | NAP | | | NAP | | |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 5/31/2024 | Allied Marketing Insurance Group Inc | 7,484 | 11/30/2024 | Florida Financial Academy, LLC | 7,167 | 5/31/2027 | DaVita Healthcare Partners Inc | 7,110 | 11/23/2028 |
30 | Loan | | South Bronx Medical Office | 1/31/2033 | NAP | | | NAP | | | NAP | | |
31 | Loan | 71 | Upper West Side Mixed-Use | | NAP | | | NAP | | | NAP | | |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | | NAP | | | NAP | | | NAP | | |
33 | Loan | | 4781 Broadway | 4/30/2023 | NAP | | | NAP | | | NAP | | |
34 | Loan | | 2803 NE Loop 410 | 9/30/2025 | Soldier's Angels | 8,000 | 3/31/2024 | Alama Card House | 6,423 | 8/31/2028 | Gobrands | 6,194 | 4/30/2026 |
35 | Loan | 75 | 7th Street Mixed Use | 1/31/2023 | ProActive Solutions | 1,820 | 1/31/2023 | ARC/Unity Schools | 1,050 | 5/31/2022 | NAP | | |
36 | Loan | 76 | Hampton Inn Alamogordo | | NAP | | | NAP | | | NAP | | |
37 | Loan | 8, 77 | McCarthy Ranch | 4/30/2034 | Ross Stores | 27,000 | 1/31/2025 | PetSmart | 25,416 | 4/30/2025 | Michael's | 23,781 | 6/30/2028 |
38 | Loan | | Storage Xxtra Hwy 155 | | NAP | | | NAP | | | NAP | | |
39 | Loan | 78 | 1404 West University | 11/30/2030 | JCG Apparel | 1,881 | 8/31/2025 | Just Salad | 1,816 | 11/30/2029 | Nekter Juice Bar | 1,600 | 4/30/2030 |
40 | Loan | 16 | Big Space Storage | | NAP | | | NAP | | | NAP | | |
41 | Loan | | Freedom Storage Dallas | | NAP | | | NAP | | | NAP | | |
42 | Loan | | Smitty’s MHP | | NAP | | | NAP | | | NAP | | |
43 | Loan | | Georgetown Square | 1/31/2024 | Eye Boutique Inc | 2,948 | 3/31/2024 | Starbucks | 1,996 | 9/30/2027 | Comfort Dental Care | 1,816 | 4/30/2024 |
44 | Loan | 16 | West Bellfort Self Storage | | NAP | | | NAP | | | NAP | | |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | | | | | | | | | | |
45.01 | Property | | Lake Village MHP | | NAP | | | NAP | | | NAP | | |
45.02 | Property | | Sunnyside Village MHP | | NAP | | | NAP | | | NAP | | |
46 | Loan | 72 | Drive-Up Self Storage | | NAP | | | NAP | | | NAP | | |
Control Number | Loan / Property Flag | Footnotes | Property Name | 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 ($) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | | | | | | | No | 0 | 490,582 | 0 |
1.01 | Property | | 15 West 47th Street | 2/27/2020 | No | NAP | 2/26/2020 | NAP | NAP | No | | | |
1.02 | Property | | 48 West 48th Street | 10/28/2020 | No | NAP | 10/28/2020 | NAP | NAP | No | | | |
1.03 | Property | | 151 West 46th Street | 2/27/2020 | No | NAP | 2/26/2020 | NAP | NAP | No | | | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | | | | | | | No | 411,382 | 102,846 | 65,149 |
2.01 | Property | | Hauppauge Office Park | 7/17/2020 | No | NAP | 7/17/2020 | NAP | NAP | No | | | |
2.02 | Property | | 20 Commerce | 7/17/2020 | No | NAP | 7/17/2020 | NAP | NAP | No | | | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | | | | | | | No | 372,457 | 84,962 | 298,808 |
3.01 | Property | | Newton | 10/27/2020 | No | NAP | 10/27/2020 | NAP | NAP | No | | | |
3.02 | Property | | Fort Smith | 10/27/2020 | No | NAP | 10/28/2020 | NAP | NAP | No | | | |
3.03 | Property | | Flint | 10/27/2020 | No | NAP | 10/28/2020 | NAP | NAP | No | | | |
3.04 | Property | 20 | Coffeyville | 10/27/2020 | No | NAP | 10/27/2020 | NAP | NAP | No | | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | | | | | | | No | 0 | 0 | 0 |
4.01 | Property | | MGM Grand | 2/11/2020 | No | NAP | 2/11/2020 | NAP | NAP | No | | | |
4.02 | Property | | Mandalay Bay | 2/11/2020 | No | NAP | 2/11/2020 | NAP | NAP | No | | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 2/3/2020 | No | NAP | 1/30/2020 | NAP | NAP | No | 0 | 0 | 0 |
6 | Loan | | The Senator | 11/3/2020 | No | NAP | 11/3/2020 | 11/3/2020 | 16% | No | 140,213 | 46,738 | 41,915 |
7 | Loan | 8, 17 | Appletree Business Park | 11/16/2020 | No | NAP | 11/13/2020 | NAP | NAP | No | 689,371 | 82,789 | 0 |
8 | Loan | 35 | First Horizon Plaza | 10/23/2020 | No | NAP | 10/23/2020 | NAP | NAP | No | 260,076 | 65,019 | 0 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 2/25/2020 | No | NAP | 2/26/2020 | NAP | NAP | No | 0 | 0 | 0 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | | | | | | | No | 346,852 | 53,313 | 106,505 |
10.01 | Property | | Vista Oaks Apartments | 10/14/2020 | No | NAP | 10/14/2020 | NAP | NAP | No | | | |
10.02 | Property | | Oaks at Nassau Apartments | 10/22/2020 | No | NAP | 10/21/2020 | NAP | NAP | No | | | |
10.03 | Property | | Broadway Village Apartments | 10/22/2020 | No | NAP | 10/21/2020 | NAP | NAP | No | | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 5/15/2019 | No | NAP | 3/18/2019 | NAP | NAP | No | 0 | 0 | 0 |
12 | Loan | 8, 50 | 32-42 Broadway | 9/3/2020 | No | NAP | 9/3/2020 | NAP | NAP | No | 0 | 393,685 | 0 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 1/16/2020 | No | NAP | 1/16/2020 | NAP | NAP | No | 333,947 | 111,316 | 157,038 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | | | | | | | No | 569,523 | 79,239 | 498,277 |
14.01 | Property | | El Camino Real | 9/4/2020 | No | NAP | 9/4/2020 | 9/4/2020 | 8%-9% | No | | | |
14.02 | Property | | Galloway Medical Park | 6/24/2020 | No | NAP | 9/8/2020 | NAP | NAP | No | | | |
14.03 | Property | | Snapper Creek | 6/24/2020 | No | NAP | 9/8/2020 | NAP | NAP | No | | | |
14.04 | Property | | Temecula Medical Center | 9/4/2020 | No | NAP | 9/4/2020 | 9/4/2020 | 15% | No | | | |
14.05 | Property | | Activity Medical Center | 9/4/2020 | No | NAP | 9/4/2020 | 9/4/2020 | 12% | No | | | |
14.06 | Property | | Tri-City Medical Park | 9/2/2020 | No | NAP | 9/4/2020 | 9/4/2020 | 8% | No | | | |
15 | Loan | | Bayshore Villa MHC | 8/19/2020 | No | NAP | 8/19/2020 | 9/3/2020 | 10% | No | 47,951 | 15,984 | 28,094 |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | | | | | | | No | 0 | 0 | 0 |
16.01 | Property | | 15535 South State Avenue | 7/24/2020 | No | NAP | 7/24/2020 | NAP | NAP | No | | | |
16.02 | Property | | 150 Grand Valley Avenue | 7/24/2020 | No | NAP | 7/23/2020 | NAP | NAP | No | | | |
16.03 | Property | | 16052 Industrial Parkway | 7/24/2020 | No | NAP | 7/24/2020 | NAP | NAP | No | | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | | | | | | | No | 30,245 | 4,135 | 6,197 |
17.01 | Property | 58 | 3421-35 Richmond Street | 10/19/2020 | No | NAP | 10/20/2020 | NAP | NAP | No | | | |
17.02 | Property | 58 | 811-15 North 2nd Street | 10/20/2020 | No | NAP | 10/20/2020 | NAP | NAP | No | | | |
17.03 | Property | | 180 Grand Street | 10/20/2020 | No | NAP | 10/20/2020 | NAP | NAP | No | | | |
17.04 | Property | | 176-178 Grand Street | 10/20/2020 | No | NAP | 10/20/2020 | NAP | NAP | No | | | |
17.05 | Property | | 1706-10 North 2nd Street | 10/20/2020 | No | NAP | 10/20/2020 | NAP | NAP | No | | | |
17.06 | Property | | 190 West Berks Street | 10/19/2020 | No | NAP | 10/20/2020 | NAP | NAP | No | | | |
18 | Loan | 59, 60, 61 | King City SV | 3/11/2020 | No | NAP | 3/11/2020 | 3/4/2020 | 4% | No | 141,613 | 12,874 | 9,642 |
19 | Loan | 62, 63 | Pacifica Plaza | 11/4/2020 | No | NAP | 11/4/2020 | 11/4/2020 | 10% | No | 44,526 | 4,947 | 0 |
20 | Loan | | Parkway Office | 10/9/2020 | No | NAP | 10/9/2020 | 10/9/2020 | 13% | No | 102,042 | 20,408 | 8,897 |
21 | Loan | 8, 64, 65 | Redmond Town Center | 2/19/2020 | Yes | 12/12/2019 | 2/20/2020 | 2/7/2020 | 10% | No | 411,531 | 68,589 | 130,585 |
22 | Loan | 8, 66, 67 | White Oak Crossing | 10/15/2019 | No | NAP | 10/14/2019 | NAP | NAP | No | 0 | 71,051 | 0 |
23 | Loan | | UM Student Housing Portfolio | 11/6/2020 | No | NAP | 11/5/2020, 11/6/2020 | NAP | NAP | No | 85,539 | 14,233 | 21,121 |
24 | Loan | | IOM Villas | | | | | | | No | 47,214 | 15,738 | 58,818 |
24.01 | Property | | Indian Terrace Villas I-VI | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.02 | Property | | Fawn Villas I-IV | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.03 | Property | | Delta Villas I-IV | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.04 | Property | | Park Ave. Villas I-III | 10/8/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.05 | Property | | Lutz Road Villas I-III | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.06 | Property | | Topeka Villas I&II | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.07 | Property | | Martin House Villas I&II | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.08 | Property | | Shipshewana Villas | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.09 | Property | | LaGrange Villas I&II | 10/8/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.10 | Property | | Crown Point Villas I&II | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.11 | Property | | Timber Trace Villas | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.12 | Property | | Fairmont Villas I&II | 10/8/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.13 | Property | | Oak Tree Villas | 10/8/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.14 | Property | | South Oak Villas | 10/8/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.15 | Property | | West Elm Villas | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.16 | Property | | Maple Villas | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.17 | Property | | West Unity Villas | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.18 | Property | | Shirley Villas | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.19 | Property | | Schoolstreet Villas | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.20 | Property | | Riverside Villas | 10/7/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.21 | Property | | Ashley Villas | 10/6/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
24.22 | Property | | West Side Villas | 10/8/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | | | |
25 | Loan | | Paramount Town Center | 4/10/2020 | No | NAP | 2/20/2020 | 1/29/2020 | 9% | No | 43,137 | 17,255 | 19,214 |
26 | Loan | 68 | La Quinta Downtown Waco | 2/13/2020 | No | NAP | 2/13/2020 | NAP | NAP | No | 72,578 | 24,193 | 37,606 |
27 | Loan | | 375 Warm Springs | 9/10/2020 | No | NAP | 9/10/2020 | NAP | NAP | No | 15,148 | 5,124 | 1,520 |
28 | Loan | | 4850 Eucalyptus Avenue | 11/16/2020 | No | NAP | 12/1/2020 | 11/5/2020 | 13% | No | 10,370 | 10,370 | 9,771 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 7/22/2020 | No | NAP | 7/22/2020 | NAP | NAP | No | 129,919 | 11,200 | 37,055 |
30 | Loan | | South Bronx Medical Office | 11/20/2020 | No | NAP | 11/20/2020 | NAP | NAP | No | 30,915 | 30,915 | 5,228 |
31 | Loan | 71 | Upper West Side Mixed-Use | 10/2/2020 | No | NAP | 10/2/2020 | NAP | NAP | No | 201,537 | 33,590 | 2,032 |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 11/19/2020 | No | NAP | 11/18/2020 | NAP | NAP | No | 0 | 0 | 9,983 |
33 | Loan | | 4781 Broadway | 11/19/2020 | No | NAP | 11/19/2020 | NAP | NAP | No | 28,906 | 28,906 | 2,858 |
34 | Loan | | 2803 NE Loop 410 | 10/9/2020 | No | NAP | 10/9/2020 | NAP | NAP | No | 0 | 7,306 | 7,303 |
35 | Loan | 75 | 7th Street Mixed Use | 10/23/2020 | No | NAP | 10/23/2020 | 10/23/2020 | 12% | No | 25,979 | 11,917 | 2,173 |
36 | Loan | 76 | Hampton Inn Alamogordo | 12/11/2019 | No | NAP | 12/11/2019 | NAP | NAP | No | 18,331 | 3,055 | 19,236 |
37 | Loan | 8, 77 | McCarthy Ranch | 12/17/2019 | No | NAP | 12/16/2019 | 12/16/2019 | 15% | No | 47,794 | 47,794 | 69,027 |
38 | Loan | | Storage Xxtra Hwy 155 | 10/27/2020 | No | NAP | 10/26/2020 | NAP | NAP | No | 4,482 | 4,482 | 0 |
39 | Loan | 78 | 1404 West University | 11/6/2020 | No | NAP | 11/6/2020 | NAP | NAP | No | 34,687 | 4,955 | 6,147 |
40 | Loan | 16 | Big Space Storage | 7/21/2020 | No | NAP | 7/21/2020 | NAP | NAP | No | 98,023 | 10,211 | 7,866 |
41 | Loan | | Freedom Storage Dallas | 10/5/2020 | No | NAP | 10/5/2020 | NAP | NAP | No | 113,775 | 9,481 | 11,676 |
42 | Loan | | Smitty’s MHP | 10/12/2020 | No | NAP | 10/1/2020 | NAP | NAP | No | 25,614 | 2,134 | 13,570 |
43 | Loan | | Georgetown Square | 2/19/2020 | No | NAP | 2/19/2020 | NAP | NAP | No | 66,624 | 19,035 | 1,289 |
44 | Loan | 16 | West Bellfort Self Storage | 10/12/2020 | No | NAP | 10/12/2020 | NAP | NAP | No | 60,938 | 5,253 | 4,844 |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | | | | | | | No | 16,965 | 2,310 | 2,583 |
45.01 | Property | | Lake Village MHP | 11/2/2020 | No | NAP | 10/30/2020 | NAP | NAP | No | | | |
45.02 | Property | | Sunnyside Village MHP | 11/2/2020 | No | NAP | 10/30/2020 | NAP | NAP | No | | | |
46 | Loan | 72 | Drive-Up Self Storage | 11/12/2020 | No | NAP | 11/12/2020 | NAP | NAP | No | 11,350 | 2,838 | 4,396 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Ongoing Insurance Reserve ($) | 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 ($) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 5,716 | 0 | 5,605 | 0 | 0 | 28,025 | 0 | 2,508,919 | 0 | 0 |
1.01 | Property | | 15 West 47th Street | | | | | | | | | | |
1.02 | Property | | 48 West 48th Street | | | | | | | | | | |
1.03 | Property | | 151 West 46th Street | | | | | | | | | | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 13,030 | 0 | 9,993 | 0 | 0 | 48,948 | 0 | 0 | 0 | 95,675 |
2.01 | Property | | Hauppauge Office Park | | | | | | | | | | |
2.02 | Property | | 20 Commerce | | | | | | | | | | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 37,241 | 0 | 36,847 | 880,000 | 1,500,000 | 0 | 1,500,000 | 0 | 0 | 234,194 |
3.01 | Property | | Newton | | | | | | | | | | |
3.02 | Property | | Fort Smith | | | | | | | | | | |
3.03 | Property | | Flint | | | | | | | | | | |
3.04 | Property | 20 | Coffeyville | | | | | | | | | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4.01 | Property | | MGM Grand | | | | | | | | | | |
4.02 | Property | | Mandalay Bay | | | | | | | | | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 0 | 0 | 0 | 170,012 | 0 | 0 | 1,020,072 | 0 | 0 | 0 |
6 | Loan | | The Senator | 6,986 | 0 | 3,360 | 161,300 | 0 | 14,733 | 650,000 | 0 | 0 | 0 |
7 | Loan | 8, 17 | Appletree Business Park | 0 | 150,000 | 9,746 | 585,000 | 800,000 | 15,864 | 1,000,000 | 1,753,873 | 0 | 0 |
8 | Loan | 35 | First Horizon Plaza | 0 | 0 | 12,212 | 0 | 1,000,000 | 76,323 | 0 | 0 | 0 | 25,625 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 0 | 1,875,692 | Beginning on the payment date in April 2021, the borrower is required to deposit an amount equal to (i) for the payment dates through and including July 2023, 3% of Gross Revenues for the prior calendar month and (ii) thereafter, 4% of Gross Revenues for the prior calendar month | 0 | 0 | 0 | 0 | 8,831,707 | 0 | 0 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 14,224 | 0 | 13,139 | 0 | 0 | 0 | 0 | 0 | 0 | 529,563 |
10.01 | Property | | Vista Oaks Apartments | | | | | | | | | | |
10.02 | Property | | Oaks at Nassau Apartments | | | | | | | | | | |
10.03 | Property | | Broadway Village Apartments | | | | | | | | | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 0 | 0 | 0 | 386,928 | 12,309,694 | 0 | 2,321,544 | 0 | 0 | 0 |
12 | Loan | 8, 50 | 32-42 Broadway | 0 | 0 | 30,425 | 0 | 3,000,000 | 0 | 3,000,000 | 4,062,500 | 0 | 32,450 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 31,408 | 0 | 0 | 0 | 0 | 0 | 0 | 2,311,667 | 0 | 35,000 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 41,684 | 0 | 6,979 | 418,740 | 0 | 33,524 | 2,000,000 | 0 | 0 | 99,786 |
14.01 | Property | | El Camino Real | | | | | | | | | | |
14.02 | Property | | Galloway Medical Park | | | | | | | | | | |
14.03 | Property | | Snapper Creek | | | | | | | | | | |
14.04 | Property | | Temecula Medical Center | | | | | | | | | | |
14.05 | Property | | Activity Medical Center | | | | | | | | | | |
14.06 | Property | | Tri-City Medical Park | | | | | | | | | | |
15 | Loan | | Bayshore Villa MHC | 4,013 | 0 | 596 | 0 | 0 | 0 | 0 | 0 | 0 | 241,800 |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | 0 | 0 | 0 | 305,779 | 0 | 0 | 1,528,894 | 0 | 0 | 0 |
16.01 | Property | | 15535 South State Avenue | | | | | | | | | | |
16.02 | Property | | 150 Grand Valley Avenue | | | | | | | | | | |
16.03 | Property | | 16052 Industrial Parkway | | | | | | | | | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | 6,197 | 0 | 1,642 | 0 | 0 | 1,407 | 0 | 116,760 | 0 | 29,288 |
17.01 | Property | 58 | 3421-35 Richmond Street | | | | | | | | | | |
17.02 | Property | 58 | 811-15 North 2nd Street | | | | | | | | | | |
17.03 | Property | | 180 Grand Street | | | | | | | | | | |
17.04 | Property | | 176-178 Grand Street | | | | | | | | | | |
17.05 | Property | | 1706-10 North 2nd Street | | | | | | | | | | |
17.06 | Property | | 190 West Berks Street | | | | | | | | | | |
18 | Loan | 59, 60, 61 | King City SV | 4,821 | 375,000 | 0 | 375,000 | 0 | 0 | 0 | 166,650 | 0 | 840 |
19 | Loan | 62, 63 | Pacifica Plaza | 0 | 0 | 0 | 0 | 38,000 | 0 | 150,000 | 0 | 0 | 0 |
20 | Loan | | Parkway Office | 1,271 | 1,056 | 1,056 | 0 | 0 | 0 | 0 | 0 | 0 | 1,613,343 |
21 | Loan | 8, 64, 65 | Redmond Town Center | 10,045 | 0 | 4,830 | 0 | 0 | 53,090 | 2,750,000 | 0 | 0 | 0 |
22 | Loan | 8, 66, 67 | White Oak Crossing | 0 | 0 | 13,637 | 0 | 1,000,000 | 0 | 1,000,000 | 0 | 0 | 0 |
23 | Loan | | UM Student Housing Portfolio | 3,017 | 0 | 2,147 | 0 | 0 | 0 | 0 | 356,666 | 0 | 0 |
24 | Loan | | IOM Villas | 14,705 | 606,081 | 15,152 | 0 | 0 | 0 | 0 | 0 | 0 | 194,540 |
24.01 | Property | | Indian Terrace Villas I-VI | | | | | | | | | | |
24.02 | Property | | Fawn Villas I-IV | | | | | | | | | | |
24.03 | Property | | Delta Villas I-IV | | | | | | | | | | |
24.04 | Property | | Park Ave. Villas I-III | | | | | | | | | | |
24.05 | Property | | Lutz Road Villas I-III | | | | | | | | | | |
24.06 | Property | | Topeka Villas I&II | | | | | | | | | | |
24.07 | Property | | Martin House Villas I&II | | | | | | | | | | |
24.08 | Property | | Shipshewana Villas | | | | | | | | | | |
24.09 | Property | | LaGrange Villas I&II | | | | | | | | | | |
24.10 | Property | | Crown Point Villas I&II | | | | | | | | | | |
24.11 | Property | | Timber Trace Villas | | | | | | | | | | |
24.12 | Property | | Fairmont Villas I&II | | | | | | | | | | |
24.13 | Property | | Oak Tree Villas | | | | | | | | | | |
24.14 | Property | | South Oak Villas | | | | | | | | | | |
24.15 | Property | | West Elm Villas | | | | | | | | | | |
24.16 | Property | | Maple Villas | | | | | | | | | | |
24.17 | Property | | West Unity Villas | | | | | | | | | | |
24.18 | Property | | Shirley Villas | | | | | | | | | | |
24.19 | Property | | Schoolstreet Villas | | | | | | | | | | |
24.20 | Property | | Riverside Villas | | | | | | | | | | |
24.21 | Property | | Ashley Villas | | | | | | | | | | |
24.22 | Property | | West Side Villas | | | | | | | | | | |
25 | Loan | | Paramount Town Center | 1,921 | 0 | 1,432 | 0 | 600,000 | 4,774 | 0 | 0 | 0 | 0 |
26 | Loan | 68 | La Quinta Downtown Waco | 2,893 | 0 | 13,438 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
27 | Loan | | 375 Warm Springs | 760 | 0 | 1,481 | 150,000 | 75,000 | 9,114 | 350,000 | 132,495 | 0 | 0 |
28 | Loan | | 4850 Eucalyptus Avenue | 1,086 | 100,000 | 808 | 0 | 0 | 0 | 0 | 0 | 0 | 8,250 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 4,309 | 0 | 2,058 | 65,000 | 300,000 | 0 | 300,000 | 0 | 0 | 89,956 |
30 | Loan | | South Bronx Medical Office | 0 | 0 | 504 | 0 | 0 | 1,250 | 0 | 0 | 0 | 0 |
31 | Loan | 71 | Upper West Side Mixed-Use | 1,016 | 0 | 294 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 4,992 | 958 | 958 | 57,450 | 2,873 | 2,873 | 172,350 | 0 | 0 | 9,438 |
33 | Loan | | 4781 Broadway | 0 | 0 | 222 | 0 | 0 | 833 | 0 | 0 | 0 | 0 |
34 | Loan | | 2803 NE Loop 410 | 913 | 0 | 1,246 | 100,000 | 0 | 6,228 | 225,000 | 92,110 | 15,352 | 0 |
35 | Loan | 75 | 7th Street Mixed Use | 1,087 | 0 | 720 | 43,200 | 0 | 704 | 40,000 | 0 | 0 | 0 |
36 | Loan | 76 | Hampton Inn Alamogordo | 3,206 | 0 | 3,869 | 0 | 0 | 0 | 0 | 0 | 0 | 6,562 |
37 | Loan | 8, 77 | McCarthy Ranch | 5,310 | 0 | 4,433 | 300,000 | 500,000 | 16,625 | 1,000,000 | 0 | 0 | 0 |
38 | Loan | | Storage Xxtra Hwy 155 | 0 | 0 | 560 | 50,000 | 0 | 0 | 0 | 143,526 | 0 | 0 |
39 | Loan | 78 | 1404 West University | 473 | 0 | 179 | 0 | 0 | 656 | 0 | 0 | 0 | 0 |
40 | Loan | 16 | Big Space Storage | 3,025 | 0 | 1,148 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
41 | Loan | | Freedom Storage Dallas | 1,168 | 209 | 209 | 0 | 0 | 0 | 0 | 0 | 0 | 171,188 |
42 | Loan | | Smitty’s MHP | 1,234 | 0 | 1,113 | 0 | 0 | 0 | 0 | 0 | 0 | 49,000 |
43 | Loan | | Georgetown Square | 430 | 0 | 270 | 0 | 0 | 2,024 | 150,000 | 0 | 0 | 0 |
44 | Loan | 16 | West Bellfort Self Storage | 1,863 | 0 | 358 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | 1,291 | 0 | 829 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
45.01 | Property | | Lake Village MHP | | | | | | | | | | |
45.02 | Property | | Sunnyside Village MHP | | | | | | | | | | |
46 | Loan | 72 | Drive-Up Self Storage | 1,465 | 0 | 335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Control Number | Loan / Property Flag | Footnotes | Property Name | Ongoing Deferred Maintenance Reserve ($) | Upfront Environmental Reserve ($) | Ongoing Environmental Reserve ($) | Upfront Other Reserve ($) | Ongoing Other Reserve ($) | Other Reserve Description | Borrower Name | Delaware Statutory Trust? | Carve-out Guarantor | Loan Purpose |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 0 | 0 | 0 | 0 | 0 | | Elo Equity LLC, Simco Realty LLC and Elo Group LLC | No | Jack Elo | Refinance/Acquisition |
1.01 | Property | | 15 West 47th Street | | | | | | | | | | |
1.02 | Property | | 48 West 48th Street | | | | | | | | | | |
1.03 | Property | | 151 West 46th Street | | | | | | | | | | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 0 | 0 | 0 | 673,330 | 0 | Unfunded Obligations Reserve ($619,885), COVID Reserve ($53,445) | Commerce Dr LLC, SIG 888 LLC and 878 Lease LLC | No | Abraham Brach | Refinance |
2.01 | Property | | Hauppauge Office Park | | | | | | | | | | |
2.02 | Property | | 20 Commerce | | | | | | | | | | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 0 | 37,786 | 0 | 5,677,346 | 63,750 | Achievement Reserve (Upfront: $4,000,000); Unfunded Obligations (Upfront: $1,677,345.60); Array Technologies Rollover Reserve (Monthly: $63,750) | Phoenix Fort Smith Industrial Investors LLC, Phoenix Flint Center Road, LLC, Phoenix Coffeyville Industrial Investors LLC and Phoenix Newton Industrial Investors LLC | No | Irrevocable Children's Trust Dated 7/22/91, Irrevocable Children's Trust No. 2 Dated 7/22/91 | Refinance |
3.01 | Property | | Newton | | | | | | | | | | |
3.02 | Property | | Fort Smith | | | | | | | | | | |
3.03 | Property | | Flint | | | | | | | | | | |
3.04 | Property | 20 | Coffeyville | | | | | | | | | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 0 | 0 | 0 | 0 | 0 | | MGM Grand PropCo, LLC and Mandalay PropCo, LLC | No | BREIT Operating Partnership L.P. and MGM Growth Properties Operating Partnership LP | Acquisition |
4.01 | Property | | MGM Grand | | | | | | | | | | |
4.02 | Property | | Mandalay Bay | | | | | | | | | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 0 | 0 | 0 | 3,048,024 | 0 | TCO Renewal Reserve ($2,000,000), Unfunded Obligations Reserve ($1,048,024.18) | 711 Fifth Ave Principal Owner LLC | No | None | Refinance |
6 | Loan | | The Senator | 0 | 0 | 0 | 724,500 | 0 | Elevator Reserve | Senator Seagate, LP | No | Willis K. Polite, Jr., Mark Bauman Polite, Dennis P. Fisco, Trent R. Isgrig and Brian Johnson | Refinance |
7 | Loan | 8, 17 | Appletree Business Park | 0 | 0 | 0 | 1,615,800 | 0 | Planned Renovations Reserve | Appletree Realty Holdings, LLC | No | AmCap Incorporated and Jay Kaiser | Refinance |
8 | Loan | 35 | First Horizon Plaza | 0 | 0 | 0 | 474,621 | 0 | Unfunded Obligations Reserve | Tennessee Holdings I LLC | No | Toby Mandel and Joseph Brunner | Refinance |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 0 | 0 | 0 | 0 | 0 | | 8th & Demonbreun Hotel LP | No | Jacquelyn Soffer | Refinance |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 0 | 0 | 0 | 1,500,000 | 0 | Economic Holdback | APT Broadway Village, LLC, APTONB, LLC and APTVO, LLC | No | Gary W. Gates, Jr. | Refinance |
10.01 | Property | | Vista Oaks Apartments | | | | | | | | | | |
10.02 | Property | | Oaks at Nassau Apartments | | | | | | | | | | |
10.03 | Property | | Broadway Village Apartments | | | | | | | | | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 0 | 0 | 0 | 1,218,246 | 0 | Gap Rent Reserve | Grand Canal Shops II, LLC and The Shoppes at the Palazzo, LLC | No | BPR Nimbus LLC | Refinance |
12 | Loan | 8, 50 | 32-42 Broadway | 0 | 0 | 0 | 131,038 | 0 | Unfunded Obligations Reserve | 32-42 Broadway Owner LLC | No | Eli Schron, Mark Schron and Avi Schron | Refinance |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 0 | 0 | 0 | 0 | 0 | | Transformation 5701, LLC | No | Charles S. Givens and Snowmass Creek Capital, L.L.C. | Refinance |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 0 | 0 | 0 | 1,544,610 | 0 | Outstanding TI/LC Reserve ($1,122,424), Rent Concession Reserve ($422,186) | Jefferson MOB LLC, Bella Tierra Investments LLC, Activity MOB LLC, 285 El Camino MOB LLC, 3907 Waring Rd MOB, LLC, Gull House No. 2, LLC, Gull House No. 7, LLC, Gull House No. 14, LLC, Galloway Medical Park Associates, LLC and Galloway Medical Park Associates II, LLC | No | George Scopetta and JDS Real Holdings, LLC | Refinance/Acquisition |
14.01 | Property | | El Camino Real | | | | | | | | | | |
14.02 | Property | | Galloway Medical Park | | | | | | | | | | |
14.03 | Property | | Snapper Creek | | | | | | | | | | |
14.04 | Property | | Temecula Medical Center | | | | | | | | | | |
14.05 | Property | | Activity Medical Center | | | | | | | | | | |
14.06 | Property | | Tri-City Medical Park | | | | | | | | | | |
15 | Loan | | Bayshore Villa MHC | 0 | 0 | 0 | 0 | 0 | | Trailer Rancho Associates, L.P. | No | Lee M. Kort and Michael H. Scott | Refinance |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | 0 | 0 | 0 | 0 | 0 | | AGNL Pantry, L.L.C. | No | AG Net Lease IV (Q) Corp., AG Net Lease IV Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P. | Acquisition |
16.01 | Property | | 15535 South State Avenue | | | | | | | | | | |
16.02 | Property | | 150 Grand Valley Avenue | | | | | | | | | | |
16.03 | Property | | 16052 Industrial Parkway | | | | | | | | | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | 0 | 15,000 | 0 | 0 | 0 | | Viera Property Management PANY LLC, Viera Property Management PANY II LLC, Viera Property Management PANY III LLC and Viera Property Management PANY IV LLC | No | Enrique Viera | Refinance |
17.01 | Property | 58 | 3421-35 Richmond Street | | | | | | | | | | |
17.02 | Property | 58 | 811-15 North 2nd Street | | | | | | | | | | |
17.03 | Property | | 180 Grand Street | | | | | | | | | | |
17.04 | Property | | 176-178 Grand Street | | | | | | | | | | |
17.05 | Property | | 1706-10 North 2nd Street | | | | | | | | | | |
17.06 | Property | | 190 West Berks Street | | | | | | | | | | |
18 | Loan | 59, 60, 61 | King City SV | 0 | 0 | 0 | 0 | 0 | | LSC-King City, DST | Yes | Pietro V. Scola and Joseph L. Fox | Acquisition |
19 | Loan | 62, 63 | Pacifica Plaza | 0 | 0 | 0 | 102,549 | 0 | Free Rent Reserve | Dolphinshire Pacifica, LLC | No | Kevin S. Pitts and Peter Snowden | Recapitalization |
20 | Loan | | Parkway Office | 0 | 0 | 0 | 236,182 | 0 | County of Sacramento Lease Rent Reserve | 7001 East Parkway, LLC and 7001 East Parkway Investors, LLC | No | Greenlaw Partners, LLC and Les Barkley | Recapitalization |
21 | Loan | 8, 64, 65 | Redmond Town Center | 0 | 0 | 0 | 2,809,532 | 0 | Unfunded Obligations Reserve | FHR Main Retail Center, LLC | No | Fairbourne Partners, LLC | Recapitalization |
22 | Loan | 8, 66, 67 | White Oak Crossing | 0 | 0 | 0 | 19,926 | 0 | Unfunded Obligations Reserve | NC-Garner White-DDP TIC, LLC and NC-Garner White-Northwood TIC, LLC | No | Stanley Werb and Jonathan S. Gaines | Acquisition |
23 | Loan | | UM Student Housing Portfolio | 0 | 0 | 0 | 0 | 0 | | Walnut Forest Investments, LLC | No | Fred Zwas and Judy I. Zwas | Refinance |
24 | Loan | | IOM Villas | 0 | 33,750 | 0 | 0 | 0 | | PK Villas, LLC | No | Ronald J. Potterpin, Terry Potterpin, Christopher Potterpin and Charles E. Patterson | Refinance |
24.01 | Property | | Indian Terrace Villas I-VI | | | | | | | | | | |
24.02 | Property | | Fawn Villas I-IV | | | | | | | | | | |
24.03 | Property | | Delta Villas I-IV | | | | | | | | | | |
24.04 | Property | | Park Ave. Villas I-III | | | | | | | | | | |
24.05 | Property | | Lutz Road Villas I-III | | | | | | | | | | |
24.06 | Property | | Topeka Villas I&II | | | | | | | | | | |
24.07 | Property | | Martin House Villas I&II | | | | | | | | | | |
24.08 | Property | | Shipshewana Villas | | | | | | | | | | |
24.09 | Property | | LaGrange Villas I&II | | | | | | | | | | |
24.10 | Property | | Crown Point Villas I&II | | | | | | | | | | |
24.11 | Property | | Timber Trace Villas | | | | | | | | | | |
24.12 | Property | | Fairmont Villas I&II | | | | | | | | | | |
24.13 | Property | | Oak Tree Villas | | | | | | | | | | |
24.14 | Property | | South Oak Villas | | | | | | | | | | |
24.15 | Property | | West Elm Villas | | | | | | | | | | |
24.16 | Property | | Maple Villas | | | | | | | | | | |
24.17 | Property | | West Unity Villas | | | | | | | | | | |
24.18 | Property | | Shirley Villas | | | | | | | | | | |
24.19 | Property | | Schoolstreet Villas | | | | | | | | | | |
24.20 | Property | | Riverside Villas | | | | | | | | | | |
24.21 | Property | | Ashley Villas | | | | | | | | | | |
24.22 | Property | | West Side Villas | | | | | | | | | | |
25 | Loan | | Paramount Town Center | 0 | 0 | 0 | 0 | 0 | | Paramount East Center, L.P. | No | Kamyar Mateen and Shervin Mateen | Refinance |
26 | Loan | 68 | La Quinta Downtown Waco | 0 | 0 | 0 | 0 | 0 | | SPE Waco Downtown, LLC | No | Rajeshkumar Patel a/k/a Raju Patel | Refinance |
27 | Loan | | 375 Warm Springs | 0 | 0 | 0 | 49,069 | 0 | Free Rent Reserve | ESN Properties 20-01 LLC | No | Earl Lariscy | Acquisition |
28 | Loan | | 4850 Eucalyptus Avenue | 0 | 0 | 0 | 0 | 0 | | Emare, LLC | No | Mukesh Batta and Rajesh Batta | Recapitalization |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | 0 | 0 | 0 | 31,976 | 0 | Rent Concession Reserve ($16,976.20), TATILC Reserve ($15,000) | Heaven 3 RE, LLC | No | Michael H. Kramer and James I. Kramer | Refinance |
30 | Loan | | South Bronx Medical Office | 0 | 12,500 | 0 | 0 | 0 | | 149 Partners LLC | No | Robert Gershon | Refinance |
31 | Loan | 71 | Upper West Side Mixed-Use | 0 | 0 | 0 | 0 | 0 | | David Herzog LLC and Michael Herzog LLC | No | David Herzog and Michael Herzog | Acquisition |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | 0 | 0 | 0 | 500,000 | 0 | Roof Repairs Reserve | Beitel 3S KY JV, LLC | No | Binyamin Beitel | Acquisition |
33 | Loan | | 4781 Broadway | 0 | 0 | 0 | 0 | 0 | | 4781 Broadway, LLC | No | Robert Gershon | Refinance |
34 | Loan | | 2803 NE Loop 410 | 0 | 0 | 0 | 86,964 | 0 | Prepaid Rent Reserve | PRE 2803 LLC | No | Justin Alec Laub, Jonas David Levy and Collins Financial, LP | Acquisition |
35 | Loan | 75 | 7th Street Mixed Use | 0 | 0 | 0 | 0 | 0 | | DBRB LLC | No | Daniel Bornstein and Renuka Bornstein | Acquisition |
36 | Loan | 76 | Hampton Inn Alamogordo | 0 | 0 | 0 | 25,000 | 0 | Excess Flood COI Reserve | Otero County Motel Co., Inc. | No | Amit Bhakta, Priyavaden Desai and Sanmukh Patel | Refinance |
37 | Loan | 8, 77 | McCarthy Ranch | 0 | 0 | 0 | 4,083,976 | 0 | PetSmart Reserve ($4,000,000), Bao Bao Reserve ($83,976) | TMS McCarthy LP | No | MPI Realty Corp., Bonseph Holdings Limited, Eliahu Swirsky and Shlomo Cohen | Refinance |
38 | Loan | | Storage Xxtra Hwy 155 | 0 | 0 | 0 | 0 | 0 | | Storage Xxtra Hwy 155, LLC | No | Fred D. Rickman, Jr. | Refinance |
39 | Loan | 78 | 1404 West University | 0 | 0 | 0 | 751,239 | 0 | Economic Holdback | Gator Retail Investors, LLC | No | David E. Salmanson, Trustee of the David E. Salmanson GST Exempt Trust 2015 | Refinance |
40 | Loan | 16 | Big Space Storage | 0 | 0 | 0 | 0 | 0 | | AMR Premium Storage & Warehouse, LLC | No | Gordon Rush Graves, Jr. | Acquisition |
41 | Loan | | Freedom Storage Dallas | 0 | 0 | 0 | 0 | 0 | | Scyene Storage, LP | No | William Brown and Eugene Taylor | Refinance |
42 | Loan | | Smitty’s MHP | 0 | 0 | 0 | 165,000 | 0 | Economic Holdback | Smittys MHP, LLC | No | Park Avenue Partners Fund 1, LLC | Refinance |
43 | Loan | | Georgetown Square | 0 | 0 | 0 | 0 | 0 | | Georgetown Square, LLC | No | Troy Brost and Cheryl Brost | Acquisition |
44 | Loan | 16 | West Bellfort Self Storage | 0 | 0 | 0 | 0 | 0 | | AMR Premium W Bellfort, LLC | No | Gordon Rush Graves, Jr. | Acquisition |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | 0 | 0 | 0 | 0 | 0 | | Crystal Lake MHP, LLC and Sunnyside Village MHP, LLC | No | Park Avenue Partners Fund 1, LLC | Acquisition |
45.01 | Property | | Lake Village MHP | | | | | | | | | | |
45.02 | Property | | Sunnyside Village MHP | | | | | | | | | | |
46 | Loan | 72 | Drive-Up Self Storage | 0 | 0 | 0 | 82,500 | 0 | SBA Holdback | Kearny Drive-Up Storage, LLC | No | Jason Lami and Samir Mistry | Refinance |
Control Number | Loan / Property Flag | Footnotes | Property Name | Other Uses | Total Uses | Lockbox | Cash Management | Cash Management Triggers | Ground Lease Y/N | Ground Lease Expiration Date | Annual Ground Lease Payment ($) |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 0 | 152,536,649 | Soft | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.0%, (iii) the occurrence of a Specified Tenant Trigger Period | | | |
1.01 | Property | | 15 West 47th Street | | | | | | No | | |
1.02 | Property | | 48 West 48th Street | | | | | | No | | |
1.03 | Property | | 151 West 46th Street | | | | | | No | | |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 0 | 89,769,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 8.0%, (iii) the occurrence of a Specified Tenant Trigger Period | | | |
2.01 | Property | | Hauppauge Office Park | | | | | | No | | |
2.02 | Property | | 20 Commerce | | | | | | No | | |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 0 | 95,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) Bankruptcy Action of Borrower, Guarantor, Key Principal or Manager, (iv) the occurrence of a Property Management Trigger Event, (v) the occurrence of a Material Tenant Trigger Event | | | |
3.01 | Property | | Newton | | | | | | No | | |
3.02 | Property | | Fort Smith | | | | | | No | | |
3.03 | Property | | Flint | | | | | | No | | |
3.04 | Property | 20 | Coffeyville | | | | | | No | | |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 0 | 4,617,792,163 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 2.50x, (iii) the occurrence of an MGM/Mandalay Tenant Bankruptcy Event,(iv) the occurrence of an OpCo Trigger Event, (v) the occurrence of an ARD Failure Event | | | |
4.01 | Property | | MGM Grand | | | | | | No | | |
4.02 | Property | | Mandalay Bay | | | | | | No | | |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 0 | 605,294,721 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 7.0%, (iii) the occurrence of an Event of Default under any New Mezzanine Loan or Approved Mezzanine Loan, (iv) the occurrence of a Downgraded Tenant Sweep, (v) the occurrence of a Tenant Rollover Sweep, (vi) the occurrence of a TCO Renewal Failure | No | | |
6 | Loan | | The Senator | 0 | 39,700,000 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | | |
7 | Loan | 8, 17 | Appletree Business Park | 0 | 49,800,000 | Hard | In Place | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurrence of a Major Tenant Trigger Event, (iv) the occurrence of a Debt Service Reserve Trigger Event | No | | |
8 | Loan | 35 | First Horizon Plaza | 0 | 36,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Specified Tenant Trigger Period | No | | |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 0 | 190,002,002 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) beginning on September 30, 2022, Debt Yield is less than 7.5% at the conclusion of any two consecutive fiscal quarters, (iii) failure to deliver financial statements as required in the Loan Agreement, (iv) the occurrence of a Debt Service Withdrawal | Yes | 3/6/2030 | 1 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | 0 | 30,500,000 | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | | |
10.01 | Property | | Vista Oaks Apartments | | | | | | No | | |
10.02 | Property | | Oaks at Nassau Apartments | | | | | | No | | |
10.03 | Property | | Broadway Village Apartments | | | | | | No | | |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 0 | 975,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.5% | Yes | Various | 600,002 |
12 | Loan | 8, 50 | 32-42 Broadway | 0 | 127,050,134 | Hard | Springing | (i) the occurrence of an Event of Default, (ii)as of any date of determination occurring on or after 18 months from the note date, the Debt Yield falling below 6.25%, (iii) the occurrence of a Specified Tenant Trigger Period | No | | |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 0 | 60,000,000 | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 9.50%, (iii) the occurrence of a Franchise Agreement Trigger Period | No | | |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 2,050,000 | 102,236,260 | Soft | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | | | |
14.01 | Property | | El Camino Real | | | | | | No | | |
14.02 | Property | | Galloway Medical Park | | | | | | No | | |
14.03 | Property | | Snapper Creek | | | | | | No | | |
14.04 | Property | | Temecula Medical Center | | | | | | No | | |
14.05 | Property | | Activity Medical Center | | | | | | No | | |
14.06 | Property | | Tri-City Medical Park | | | | | | Yes | 2/27/2059 | 30,450 |
15 | Loan | | Bayshore Villa MHC | 0 | 15,367,899 | Soft | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 2.00x | No | | |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Tenant Trigger Event, (iv) the occurrence of an Event of Default under the Permitted Mezzanine Loan or New Mezzanine Loan | | | |
16.01 | Property | | 15535 South State Avenue | | | | | | No | | |
16.02 | Property | | 150 Grand Valley Avenue | | | | | | No | | |
16.03 | Property | | 16052 Industrial Parkway | | | | | | No | | |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | | | Springing | Springing | (i) the Stated Maturity Date, (ii) the occurrence of an Event of Default, (iii) DSCR is less than 1.50x, (iv) commencing on the Payment Date in January 2030 the Debt Yield is less than 7.0% | | | |
17.01 | Property | 58 | 3421-35 Richmond Street | | | | | | No | | |
17.02 | Property | 58 | 811-15 North 2nd Street | | | | | | No | | |
17.03 | Property | | 180 Grand Street | | | | | | No | | |
17.04 | Property | | 176-178 Grand Street | | | | | | No | | |
17.05 | Property | | 1706-10 North 2nd Street | | | | | | No | | |
17.06 | Property | | 190 West Berks Street | | | | | | No | | |
18 | Loan | 59, 60, 61 | King City SV | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.50x, (iii) the Closing Date | No | | |
19 | Loan | 62, 63 | Pacifica Plaza | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x | No | | |
20 | Loan | | Parkway Office | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the occurrence of a Lease Sweep Period | No | | |
21 | Loan | 8, 64, 65 | Redmond Town Center | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 8.0% | No | | |
22 | Loan | 8, 66, 67 | White Oak Crossing | | | Springing | Springing | (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 Critical Tenant Trigger Event | No | | |
23 | Loan | | UM Student Housing Portfolio | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 2.00x | No | | |
24 | Loan | | IOM Villas | | | Soft | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x | | | |
24.01 | Property | | Indian Terrace Villas I-VI | | | | | | No | | |
24.02 | Property | | Fawn Villas I-IV | | | | | | No | | |
24.03 | Property | | Delta Villas I-IV | | | | | | No | | |
24.04 | Property | | Park Ave. Villas I-III | | | | | | No | | |
24.05 | Property | | Lutz Road Villas I-III | | | | | | No | | |
24.06 | Property | | Topeka Villas I&II | | | | | | No | | |
24.07 | Property | | Martin House Villas I&II | | | | | | No | | |
24.08 | Property | | Shipshewana Villas | | | | | | No | | |
24.09 | Property | | LaGrange Villas I&II | | | | | | No | | |
24.10 | Property | | Crown Point Villas I&II | | | | | | No | | |
24.11 | Property | | Timber Trace Villas | | | | | | No | | |
24.12 | Property | | Fairmont Villas I&II | | | | | | No | | |
24.13 | Property | | Oak Tree Villas | | | | | | No | | |
24.14 | Property | | South Oak Villas | | | | | | No | | |
24.15 | Property | | West Elm Villas | | | | | | No | | |
24.16 | Property | | Maple Villas | | | | | | No | | |
24.17 | Property | | West Unity Villas | | | | | | No | | |
24.18 | Property | | Shirley Villas | | | | | | No | | |
24.19 | Property | | Schoolstreet Villas | | | | | | No | | |
24.20 | Property | | Riverside Villas | | | | | | No | | |
24.21 | Property | | Ashley Villas | | | | | | No | | |
24.22 | Property | | West Side Villas | | | | | | No | | |
25 | Loan | | Paramount Town Center | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.50x, (iii) the commencement of a Lease Sweep Period | No | | |
26 | Loan | 68 | La Quinta Downtown Waco | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.40x, (iii) the occurrence of a Franchise Sweep Event | No | | |
27 | Loan | | 375 Warm Springs | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x, (iii) the occurrence of a Major Tenant Event Period | No | | |
28 | Loan | | 4850 Eucalyptus Avenue | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) Debt Yield is less than 6.75% (iii) the occurrence of a Specified Tenant Trigger Period | No | | |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) Bankruptcy Action of Borrower, Guarantor, Key Principal or Manager, (iv) the occurrence of a Property Management Trigger Event or (v) the occurrence of a Material Tenant Trigger Event | No | | |
30 | Loan | | South Bronx Medical Office | | | Hard | Springing | (i) the Stated Maturity Date, (ii) the occurrence of an Event of Default, (iii) DSCR is less than 2.25x, (iv) the Debt Yield is less than 9.5%, (v) the occurrence of a Lease Sweep Period | No | | |
31 | Loan | 71 | Upper West Side Mixed-Use | | | Soft (Residential) / Hard (Nonresidential) | In Place | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x, (iii) DY<8.0%, (iv) the commencement of a Lease Sweep Period,(v) failure to make required repairs as required in the Loan Agreement | No | | |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | | | Hard | In Place | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.30x, (iii) the occurrence of a Lease Sweep Period | No | | |
33 | Loan | | 4781 Broadway | | | Hard | Springing | (i) the Stated Maturity Date, (ii) the occurrence of an Event of Default, (iii) DSCR is less than 2.00x, (iv) Debt Yield is less than 10.0%, (v) the occurrence of a Lease Sweep Period | No | | |
34 | Loan | | 2803 NE Loop 410 | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.45x, (iii) occupancy at the property falls below 65% | No | | |
35 | Loan | 75 | 7th Street Mixed Use | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.60x | No | | |
36 | Loan | 76 | Hampton Inn Alamogordo | | | Springing | Springing | (i) the occurrence of a Event of Default, (ii) DSCR is less than 1.25x, (iii) the occurrence of a Franchise Agreement Sweep Period, (iv) the occurrence of a PIP Trigger Event Period | No | | |
37 | Loan | 8, 77 | McCarthy Ranch | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.25x | No | | |
38 | Loan | | Storage Xxtra Hwy 155 | | | Springing | Springing | the occurrence of an Event of Default | No | | |
39 | Loan | 78 | 1404 West University | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | | |
40 | Loan | 16 | Big Space Storage | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Bankruptcy Action of Borrower, Guarantor, Key Principal or Manager, (iv) the occurrence of a Property Management Trigger Event | No | | |
41 | Loan | | Freedom Storage Dallas | | | Springing | Springing | (i) the occurrence of a Event of Default, (ii) DSCR is less than 1.15x | No | | |
42 | Loan | | Smitty’s MHP | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the date upon which a Mezzanine Loan is obtained | No | | |
43 | Loan | | Georgetown Square | | | Hard | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.35x, (iii) the commencement of a Lease Sweep Period | No | | |
44 | Loan | 16 | West Bellfort Self Storage | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) Bankruptcy Action of Borrower, Guarantor, Key Principal or Manager, (iv) the occurrence of a Property Management Trigger Event | No | | |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.20x, (iii) the date upon which a Mezzanine Loan is obtained | | | |
45.01 | Property | | Lake Village MHP | | | | | | No | | |
45.02 | Property | | Sunnyside Village MHP | | | | | | No | | |
46 | Loan | 72 | Drive-Up Self Storage | | | Springing | Springing | (i) the occurrence of an Event of Default, (ii) DSCR is less than 1.15x | No | | |
Control Number | Loan / Property Flag | Footnotes | Property Name | Cut-off Date Pari Passu Companion Loan Balance ($) | Cut-off Date Subordinate Companion Loan Balance ($) | Subordinate Companion Loan Interest Rate | Cut-off Date Mezzanine Debt Balance ($) | Terrorism Insurance Required | Franchise Agreement Expiration | Control Number |
1 | Loan | 8, 9, 10, 11 | Elo Midtown Office Portfolio | 71,000,000 | | | | Yes | NAP | 1 |
1.01 | Property | | 15 West 47th Street | | | | | Yes | NAP | 1.01 |
1.02 | Property | | 48 West 48th Street | | | | | Yes | NAP | 1.02 |
1.03 | Property | | 151 West 46th Street | | | | | Yes | NAP | 1.03 |
2 | Loan | 8, 12, 13, 14, 15 | Signature Office Portfolio | 19,769,000 | | | | Yes | NAP | 2 |
2.01 | Property | | Hauppauge Office Park | | | | | Yes | NAP | 2.01 |
2.02 | Property | | 20 Commerce | | | | | Yes | NAP | 2.02 |
3 | Loan | 8, 16, 17, 18, 19 | Phoenix Industrial Portfolio V | 30,000,000 | | | | Yes | NAP | 3 |
3.01 | Property | | Newton | | | | | Yes | NAP | 3.01 |
3.02 | Property | | Fort Smith | | | | | Yes | NAP | 3.02 |
3.03 | Property | | Flint | | | | | Yes | NAP | 3.03 |
3.04 | Property | 20 | Coffeyville | | | | | Yes | NAP | 3.04 |
4 | Loan | 8, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | MGM Grand & Mandalay Bay | 1,569,200,000 | 1,365,800,000 | 3.55800% | | Yes | NAP | 4 |
4.01 | Property | | MGM Grand | | | | | Yes | NAP | 4.01 |
4.02 | Property | | Mandalay Bay | | | | | Yes | NAP | 4.02 |
5 | Loan | 8, 31, 32, 33, 34 | 711 Fifth Avenue | 505,000,000 | | | | Yes | NAP | 5 |
6 | Loan | | The Senator | | | | | Yes | NAP | 6 |
7 | Loan | 8, 17 | Appletree Business Park | 12,300,000 | | | | Yes | NAP | 7 |
8 | Loan | 35 | First Horizon Plaza | | | | | Yes | NAP | 8 |
9 | Loan | 8, 32, 36, 37 | JW Marriott Nashville | 150,000,000 | | | | Yes | 7/1/2048 | 9 |
10 | Loan | 38, 39, 40 | Houston Multifamily Portfolio | | | | | Yes | NAP | 10 |
10.01 | Property | | Vista Oaks Apartments | | | | | Yes | NAP | 10.01 |
10.02 | Property | | Oaks at Nassau Apartments | | | | | Yes | NAP | 10.02 |
10.03 | Property | | Broadway Village Apartments | | | | | Yes | NAP | 10.03 |
11 | Loan | 8, 41, 42, 43, 44, 45, 46, 47, 48, 49 | Grand Canal Shoppes | 735,000,000 | 215,000,000 | 6.25000% | | Yes | NAP | 11 |
12 | Loan | 8, 50 | 32-42 Broadway | 100,000,000 | | | | Yes | NAP | 12 |
13 | Loan | 8, 51 | Hotel ZaZa Houston Museum District | 40,000,000 | | | | Yes | 10/31/2031 | 13 |
14 | Loan | 8, 52, 53 | SoCal & South Miami Medical Office Portfolio | 70,000,000 | | | | Yes | NAP | 14 |
14.01 | Property | | El Camino Real | | | | | Yes | NAP | 14.01 |
14.02 | Property | | Galloway Medical Park | | | | | Yes | NAP | 14.02 |
14.03 | Property | | Snapper Creek | | | | | Yes | NAP | 14.03 |
14.04 | Property | | Temecula Medical Center | | | | | Yes | NAP | 14.04 |
14.05 | Property | | Activity Medical Center | | | | | Yes | NAP | 14.05 |
14.06 | Property | | Tri-City Medical Park | | | | | Yes | NAP | 14.06 |
15 | Loan | | Bayshore Villa MHC | | | | | Yes | NAP | 15 |
16 | Loan | 8, 54, 55, 56 | Cabinetworks Portfolio | 32,333,000 | | | | Yes | NAP | 16 |
16.01 | Property | | 15535 South State Avenue | | | | | Yes | NAP | 16.01 |
16.02 | Property | | 150 Grand Valley Avenue | | | | | Yes | NAP | 16.02 |
16.03 | Property | | 16052 Industrial Parkway | | | | | Yes | NAP | 16.03 |
17 | Loan | 57 | Philadelphia & Brooklyn Multifamily Portfolio | | | | | Yes | NAP | 17 |
17.01 | Property | 58 | 3421-35 Richmond Street | | | | | Yes | NAP | 17.01 |
17.02 | Property | 58 | 811-15 North 2nd Street | | | | | Yes | NAP | 17.02 |
17.03 | Property | | 180 Grand Street | | | | | Yes | NAP | 17.03 |
17.04 | Property | | 176-178 Grand Street | | | | | Yes | NAP | 17.04 |
17.05 | Property | | 1706-10 North 2nd Street | | | | | Yes | NAP | 17.05 |
17.06 | Property | | 190 West Berks Street | | | | | Yes | NAP | 17.06 |
18 | Loan | 59, 60, 61 | King City SV | | | | | Yes | NAP | 18 |
19 | Loan | 62, 63 | Pacifica Plaza | | | | | Yes | NAP | 19 |
20 | Loan | | Parkway Office | | | | | Yes | NAP | 20 |
21 | Loan | 8, 64, 65 | Redmond Town Center | 90,000,000 | | | | Yes | NAP | 21 |
22 | Loan | 8, 66, 67 | White Oak Crossing | 52,000,000 | | | | Yes | NAP | 22 |
23 | Loan | | UM Student Housing Portfolio | | | | | Yes | NAP | 23 |
24 | Loan | | IOM Villas | | | | | Yes | NAP | 24 |
24.01 | Property | | Indian Terrace Villas I-VI | | | | | Yes | NAP | 24.01 |
24.02 | Property | | Fawn Villas I-IV | | | | | Yes | NAP | 24.02 |
24.03 | Property | | Delta Villas I-IV | | | | | Yes | NAP | 24.03 |
24.04 | Property | | Park Ave. Villas I-III | | | | | Yes | NAP | 24.04 |
24.05 | Property | | Lutz Road Villas I-III | | | | | Yes | NAP | 24.05 |
24.06 | Property | | Topeka Villas I&II | | | | | Yes | NAP | 24.06 |
24.07 | Property | | Martin House Villas I&II | | | | | Yes | NAP | 24.07 |
24.08 | Property | | Shipshewana Villas | | | | | Yes | NAP | 24.08 |
24.09 | Property | | LaGrange Villas I&II | | | | | Yes | NAP | 24.09 |
24.10 | Property | | Crown Point Villas I&II | | | | | Yes | NAP | 24.10 |
24.11 | Property | | Timber Trace Villas | | | | | Yes | NAP | 24.11 |
24.12 | Property | | Fairmont Villas I&II | | | | | Yes | NAP | 24.12 |
24.13 | Property | | Oak Tree Villas | | | | | Yes | NAP | 24.13 |
24.14 | Property | | South Oak Villas | | | | | Yes | NAP | 24.14 |
24.15 | Property | | West Elm Villas | | | | | Yes | NAP | 24.15 |
24.16 | Property | | Maple Villas | | | | | Yes | NAP | 24.16 |
24.17 | Property | | West Unity Villas | | | | | Yes | NAP | 24.17 |
24.18 | Property | | Shirley Villas | | | | | Yes | NAP | 24.18 |
24.19 | Property | | Schoolstreet Villas | | | | | Yes | NAP | 24.19 |
24.20 | Property | | Riverside Villas | | | | | Yes | NAP | 24.20 |
24.21 | Property | | Ashley Villas | | | | | Yes | NAP | 24.21 |
24.22 | Property | | West Side Villas | | | | | Yes | NAP | 24.22 |
25 | Loan | | Paramount Town Center | | | | | Yes | NAP | 25 |
26 | Loan | 68 | La Quinta Downtown Waco | | | | | Yes | 10/22/2038 | 26 |
27 | Loan | | 375 Warm Springs | | | | | Yes | NAP | 27 |
28 | Loan | | 4850 Eucalyptus Avenue | | | | | Yes | NAP | 28 |
29 | Loan | 16, 69, 70 | 6925 Lake Ellenor Drive | | | | | Yes | NAP | 29 |
30 | Loan | | South Bronx Medical Office | | | | | Yes | NAP | 30 |
31 | Loan | 71 | Upper West Side Mixed-Use | | | | | Yes | NAP | 31 |
32 | Loan | 72, 73, 74 | 2416 Merchant Street | | | | | Yes | NAP | 32 |
33 | Loan | | 4781 Broadway | | | | | Yes | NAP | 33 |
34 | Loan | | 2803 NE Loop 410 | | | | | Yes | NAP | 34 |
35 | Loan | 75 | 7th Street Mixed Use | | | | | Yes | NAP | 35 |
36 | Loan | 76 | Hampton Inn Alamogordo | | | | | Yes | 9/30/2033 | 36 |
37 | Loan | 8, 77 | McCarthy Ranch | 40,000,000 | | | | Yes | NAP | 37 |
38 | Loan | | Storage Xxtra Hwy 155 | | | | | Yes | NAP | 38 |
39 | Loan | 78 | 1404 West University | | | | | Yes | NAP | 39 |
40 | Loan | 16 | Big Space Storage | | | | | Yes | NAP | 40 |
41 | Loan | | Freedom Storage Dallas | | | | | Yes | NAP | 41 |
42 | Loan | | Smitty’s MHP | | | | | Yes | NAP | 42 |
43 | Loan | | Georgetown Square | | | | | Yes | NAP | 43 |
44 | Loan | 16 | West Bellfort Self Storage | | | | | Yes | NAP | 44 |
45 | Loan | 38 | Lake Village MHP and Sunnyside Village MHP | | | | | Yes | NAP | 45 |
45.01 | Property | | Lake Village MHP | | | | | Yes | NAP | 45.01 |
45.02 | Property | | Sunnyside Village MHP | | | | | Yes | NAP | 45.02 |
46 | Loan | 72 | Drive-Up Self Storage | | | | | Yes | NAP | 46 |
Footnotes to Annex A-1 |
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(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 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 exclude any related Subordinate Companion Loans. |
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(9) | The lockout period will be at least 24 payment dates beginning with and including the First Due Date in January 2021. Defeasance of the Elo Midtown Office Portfolio Loan in full is permitted after the date that is the earlier to occur of (i) December 9, 2023 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(10) | Under the terms of the related Mortgage Loan documents, the first payment date is the due date in February 2021, and the Original Interest-Only Period (Mos.), Remaining Interest-Only Period (Mos.), Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) are each 120 months. However, due to the fact that the related mortgage loan seller will contribute an initial interest deposit amount to the issuing entity on the Closing Date to cover an amount that represents one month’s interest that would have accrued with respect to the Mortgage Loan at the related interest rate with respect to a January 2021 payment date, such Mortgage Loan is being treated as having a first payment date on the due date in January 2021, and an Original Interest-Only Period (Mos.), Remaining Interest-Only Period (Mos.), Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) of 121 months. |
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(11) | The increase from Most Recent NOI (if past 2019) to Underwritten Net Operating Income at the Elo Midtown Office Portfolio Mortgaged Properties is primarily attributable to the inclusion of contractual rent steps through November 2021 and potential income from vacant space. |
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(12) | The Signature Office Portfolio Whole Loan was co-originated by Citi Real Estate Funding Inc. and Starwood Mortgage Capital LLC. |
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(13) | The lockout period will be at least 24 payment dates beginning with and including the First Due Date in January 2021. Defeasance of the Signature Office Portfolio Loan in full is permitted after the date that is the earlier to occur of (i) December 7, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(14) | Under the terms of the related Mortgage Loan documents, the first payment date is the due date in February 2021, and the Original Interest-Only Period (Mos.) and Remaining Interest-Only Period (Mos.) are each 36 months, and the Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) are each 120 months. However, due to the fact that the related mortgage loan seller will contribute an initial interest deposit amount to the issuing entity on the Closing Date to cover an amount that represents one month’s interest that would have accrued with respect to the Mortgage Loan at the related interest rate with respect to a January 2021 payment date, such Mortgage Loan is being treated as having a first payment date on the due date in January 2021, and an Original Interest-Only Period (Mos.) and Remaining Interest-Only Period (Mos.) of 37 months, and an Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) of 121 months. |
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(15) | On each monthly payment date occurring during a specified tenant trigger period with respect to Allstate Insurance or The Bridgehampton National Bank, the borrower is required to deposit $225,000 with respect to the Allstate Insurance tenant and $150,000 with respect to The Bridgehampton National Bank tenant into the extraordinary TI/LC reserve. The extraordinary TI/LC reserve will be capped at $2,700,000 in connection with the Allstate Insurance tenant and $1,800,000 with respect to The Bridgehampton National Bank tenant. |
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(16) | Each of the Phoenix Industrial Portfolio V Mortgage Loan, the 6925 Lake Ellenor Drive Mortgage Loan, the Big Space Storage Mortgage Loan and the West Bellfort Self Storage Mortgage Loan, for which Argentic Real Estate Finance LLC is the Mortgage Loan Seller, was originated by UBS AG, an unaffiliated third party. |
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(17) | The lockout period will be at least 24 payment dates beginning with and including the First Due Date in January 2021. For the purpose of this prospectus, the assumed lockout period of 24 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(18) | The borrowers are required to deposit into a TI/LC reserve, on a monthly basis, an amount equal to $55,270 when the amount in the TI/LC reserve is less than $1,000,000, until such time the TI/LC reserve equals or exceeds $1,500,000. |
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(19) | The borrowers deposited $4,000,000 into an achievement reserve at origination. The Mortgage Loan documents provide that in the absence of a cash management period under the Mortgage Loan documents, the funds in the achievement reserve will be disbursed to the borrowers upon the borrowers’ satisfaction of certain conditions precedent, including, among others: (i) a certain lease to be entered into with respect to a portion of the Fort Smith Mortgaged Property is in full force and effect, and the related tenant under such lease is in possession of its leased premises; (ii) the debt yield is not less than 10.6%; and (iii) the loan-to-value ratio is not greater than 65.38%. If the borrowers fail to obtain the release of all or any portion of the funds in the achievement reserve prior to the date that is two years from the closing date of the last securitization involving any portion of the Mortgage Loan, the borrowers will be required to partially defease the Mortgage Loan in an amount equal to the then-remaining balance in the achievement reserve and deliver defeasance collateral in accordance with the Mortgage Loan documents. The Cut-off Date LTV Ratio, Debt Yield on Underwritten Net Operating Income, and Debt Yield on Underwritten Net Cash Flow of 65.2%, 11.1%, and 10.0% respectively, are calculated based on a Cut-off Date Balance net of the $4,000,000 achievement reserve. The Cut-off Date LTV Ratio, Debt Yield on Underwritten Net Operating Income, and Debt Yield on Underwritten Net Cash Flow without netting the achievement reserve are 68.1%, 10.6%, and 9.6% respectively. |
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(20) | Historical operating performance for the Coffeyville Mortgaged Property is not available as the Coffeyville Mortgaged Property was acquired in December 2019. As such, 2019 operating performance includes partial year information for the Coffeyville Mortgaged Property. |
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(21) | The MGM Grand & Mandalay Bay Whole Loan was co-originated by Citi Real Estate Funding Inc., Barclays Capital Real Estate Inc., Deutsche Bank AG, acting through its New York Branch and Société Générale Financial Corporation. |
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(22) | Each of the related Mortgaged Properties consist of a resort and casino and, as of the trailing 12 months ending September 30, 2020 (i) with respect to the MGM Grand Mortgaged Property, approximately 27.0% of the revenues were from hotel rooms, approximately 23.1% of the revenues were from food and beverage sales, approximately 26.9% of the revenues were from gaming, and approximately 23.1% of the revenues were from other sources and (ii) with respect to the Mandalay Bay Mortgaged Property, approximately 34.0% of the revenues were from hotel rooms, approximately 26.5% of the revenues were from food and beverage sales, approximately 17.5% of the revenues were from gaming, and approximately 22.0% of the revenues were from other sources. |
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(23) | The MGM Grand & Mandalay Bay Whole Loan is structured with an Anticipated Repayment Date (“ARD”) of March 5, 2030 and a final maturity date of March 5, 2032. After the ARD, the following structure will apply: (i) the interest rate will increase by 200 basis points over the greater of (x) 3.55800%, and (y) (1) the ARD Treasury Note Rate in effect on the ARD (such new rate, the “Adjusted Interest Rate”) plus (2) 1.77000%, (ii) amounts in the Excess Cash Flow Reserve Account (as defined in the related loan agreement) will be applied first to pay monthly additional interest amounts which, to the extent not paid, will be deferred (together with interest accrued thereon at the Adjusted Interest Rate) and added to the principal balance of the applicable note(s) comprising a portion of the MGM Grand & Mandalay Bay Whole Loan in the manner set forth in the MGM Grand & Mandalay Bay Whole Loan documents, and (iii) a full cash flow sweep to the extent of remaining amounts in the Excess Cash Flow Reserve will be applied to principal of the MGM Grand & Mandalay Bay Whole Loan in the manner set forth in the MGM Grand & Mandalay Bay Whole Loan documents. |
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(24) | The Appraised Value of $4,600,000,000 as of January 10, 2020, set forth above is the appraised value solely with respect to real property at the MGM Grand & Mandalay Bay Mortgaged Properties, excluding personal property and intangible property attributable to the MGM Grand & Mandalay Bay Mortgaged Properties (the “Aggregate Real Property Appraised Value”). The appraisal also includes an “As Leased–Sale–Leaseback Appraised Value,” which is equal to the Aggregate Real Property Appraised Value. The Appraised Value of $7,352,600,000 (the “Aggregate As Is Appraised Value”) as of January 10, 2020, includes personal property and intangible property attributable to the MGM Grand & Mandalay Bay Mortgaged Properties. The personal property and intangible property relating to the MGM Grand & Mandalay Bay Mortgaged Properties is owned by the MGM tenant or certain sublessees at the MGM Grand & Mandalay Bay Mortgaged Properties that are wholly owned subsidiaries of MGM (the “MGM/Mandalay Operating Subtenants”) (as more particularly provided in the master lease), which granted a security interest in certain property of the MGM tenant and the MGM/Mandalay Operating Subtenants (with certain exclusions, including an exclusion for the intellectual property of MGM tenant (as more particularly described in the master lease); and provided that the FF&E is only transferred to the MGM Grand & Mandalay Bay borrowers at no cost in the event of a termination of the master lease due to an event of default by the MGM tenant thereunder) in favor of the MGM Grand & Mandalay Bay borrowers, and such security interest was collaterally assigned by the MGM Grand & Mandalay Bay borrowers to the lender. |
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(25) | The Mortgage Loan Cut-off Date LTV Ratio and the Mortgage Loan LTV Ratio at Maturity / ARD are based on the “Aggregate As Is Appraised Value” and are 22.2% and 22.2%, respectively, based on the MGM Grand & Mandalay Bay Senior Loan. The Mortgage Loan Cut-off Date LTV Ratio and the Mortgage Loan LTV Ratio at Maturity / ARD based on the “Aggregate Real Property Appraised Value” are 35.5% and 35.5%, respectively, based on the MGM Grand & Mandalay Bay Senior Loan. |
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(26) | The defeasance lockout period will be at least 33 payment dates beginning with and including the First Due Date in April 2020. The MGM Grand & Mandalay Bay borrowers have the option to defease the MGM Grand & Mandalay Bay Whole Loan, in whole or in part, after the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) February 14, 2023. The MGM Grand & Mandalay Bay Whole Loan may be prepaid in whole or in part at any time, subject to payment of the applicable yield maintenance premium if such prepayment occurs prior to September 5, 2029 (provided no yield maintenance will be due in connection with mandatory prepayments arising out of any casualty, condemnation or in connection with a special release or a Default Release (as defined in the related loan agreement)). The assumed lockout period of 33 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(27) | Under the Master Lease, MGM Lessee II, LLC, (the “MGM Tenant”) is required to pay to the MGM Grand & Mandalay Bay borrowers an initial lease rent of $292.0 million per annum ($159.0 million allocated to the MGM Grand Property and $133.0 million allocated to the Mandalay Bay Property, the “Master Lease Rent”), subject to annual increases of (i) 2.0% in years 2 through 15 of the initial lease term, and (ii) thereafter, the greater of 2.0% or CPI (CPI capped at 3.0%) for the remainder of the initial lease term. Additionally, MGM Resorts International (“MGM”) will be required to continue to invest in the MGM Grand & Mandalay Bay Mortgaged Properties, with (x) a minimum aggregate capital investment requirement of 3.5% of actual net revenues every five years (the first such period beginning January 1, 2020 and expiring December 31, 2024, and the second such period beginning January 1, 2021 and expiring December 31, 2025, and each five-year period thereafter on a rolling basis) in the aggregate for the MGM Grand & Mandalay Bay Mortgaged Properties (such amount not to be less than 2.5% of the actual net revenue of any individual Mortgaged Property) (collectively, the “Required CapEx”) and (y) a monthly reserve equal to 1.5% of actual net revenues which may be used for FF&E and on qualifying capital expenditures in satisfaction of the Required CapEx spend. The MGM Grand & Mandalay Bay Mortgaged Properties were acquired in a sale-leaseback transaction. |
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(28) | Mortgage Loan Cut-off Date LTV Ratio and Mortgage Loan LTV Ratio at Maturity / ARD is calculated using the appraised value of $4,600,000,000 as of January 10, 2020, set forth above, which is the appraised value solely with respect to real property at the MGM Grand & Mandalay Bay Mortgaged Properties, excluding personal property and intangible property attributable to the MGM Grand & Mandalay Bay Mortgaged Properties. |
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(29) | The increase by 10% or more from Most Recent NOI (if past 2019) to Underwritten Net Operating Income is a result of the temporary closure of the MGM Grand & Mandalay Bay Mortgaged Properties due to COVID-19. On May 1, 2020, MGM Resorts International reported that, as a result of the temporary closure of its domestic properties (which includes the MGM Grand & Mandalay Bay Mortgaged Properties) following the outbreak of COVID-19, its domestic properties (which includes the MGM Grand & Mandalay Bay Mortgaged Properties) were effectively generating no revenue, there were high levels of room and convention cancellation through the third quarter of 2020, and that, following the re-opening of its domestic properties (which includes the MGM Grand & Mandalay Bay Mortgaged Properties), it expected weakened demand in light of consumer fears and general economic uncertainty, among other things. |
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(30) | The guarantors’ liability for full recourse events is several and not joint and is capped at an amount equal to 10% of the aggregate outstanding principal balance of the MGM Grand & Mandalay Bay Whole Loan as of the date of the event. In addition, only the MGM Grand & Mandalay Bay borrowers are liable for breaches of environmental covenants; provided, however, that if the MGM Grand & Mandalay Bay borrowers fail to maintain an environmental insurance policy required under the MGM Grand & Mandalay Bay Whole Loan documents, the guarantor is liable for losses other than (x) for any amounts in excess of the applicable coverage amounts under the environmental policy had the same been renewed, replaced or extended as required under the loan agreement and (y) for any amounts recovered under the environmental policy. In addition, recourse for transfers of the MGM Grand & Mandalay Bay Mortgaged Properties or controlling equity interests in the MGM Grand & Mandalay Bay borrowers is loss recourse, rather than full recourse. |
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(31) | The 711 Fifth Avenue Whole Loan was co-originated by Goldman Sachs Bank USA and Bank of America, N.A. |
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(32) | The lockout period will be at least 33 payment dates beginning with and including the First Due Date in April 2020. For the purpose of this prospectus, the assumed lockout period of 33 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(33) | At origination, the borrower funded $2,000,000 for estimated costs in connection with obtaining a new temporary or permanent certificate of occupancy to replace the temporary certificate of occupancy that expired in November 2019. The borrower obtained a temporary certificate of occupancy that was effective as of March 24, 2020, and the $2,000,000 has been disbursed to the borrower. |
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(34) | The Third Largest Tenant, Ralph Lauren, representing approximately 11.4% of the net rentable area, is dark with respect to 31,202 SF of its space. The tenant continues to operate the 7,436 SF Polo Bar, which is open for takeout and delivery, at the 711 Fifth Avenue Mortgaged Property. If the borrower believes the tenant has ceased retail operations in all of the premises under the related lease, the borrower may give notice thereof to the tenant. Within 30 days after the borrower gives such notice, the tenant must notify the borrower whether the tenant intends to cease retail operations at the premises. If the tenant notifies the borrower of its intent to cease such retail operations, the borrower has the right to terminate the lease.
According to a media report, Ralph Lauren has agreed to sublease its entire space to Mango, a Spanish retail chain, for $5 million per year. Pursuant to the terms of the lease and the loan documents, the tenant may not sublease the space to an unaffiliated third party without the consent of the borrower and the lender (in each case, which consent may not be unreasonably withheld, conditioned or delayed). It is not expected that any such sublease arrangement will relieve the Ralph Lauren tenant of its obligations under the lease (including the obligation to pay rent). We cannot assure you that such sublease will be executed or approved. |
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(35) | The borrower is required to deposit $76,322.83 into the TI/LC Reserve on each monthly payment date through and including December 2021. On each monthly payment date beginning in January 2022, the borrower is required to deposit $38,161.42 into the TI/LC Reserve. |
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(36) | Beginning on the Due Date in April 2021, the Ongoing Replacement Reserve is an FF&E reserve in an amount equal to (i) for the Due Dates through and including July 2023, 3% of the gross revenues of the Mortgaged Property for the prior calendar month and (ii) thereafter, 4% of the gross revenues of the Mortgaged Property for the prior calendar month. |
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(37) | The increase from the Most Recent NOI (if past 2019) to Underwritten Net Operating Income is primarily attributable to underwriting stabilized hotel operations pre-COVID-19 as of the trailing 12-month period ending on January 31, 2020. The latest trailing 12-month period ending on September 30, 2020 reflects the months heavily impacted by COVID-19. Additionally, the borrower sponsor has posted an 18-month debt service reserve equal to $8,831,707, which will be applied to monthly debt service payments through March 2022. |
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(38) | Loan amounts are allocated to the Mortgaged Properties based upon appraised values. |
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(39) | The Appraised Value represents a 3.0% portfolio premium to the aggregate “as-is” appraised value of the individual mortgaged properties. The Cut-off Date LTV Ratio and LTV Ratio at Maturity / ARD for the Houston Multifamily Portfolio Mortgage Loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” appraised value for the Houston Multifamily Portfolio Mortgaged Properties was $45,700,000 as of October 13, 2020. The Cut-off Date LTV Ratio and LTV Ratio at Maturity / ARD calculated using the aggregate “as-is” appraised values are 66.7% and 54.1%, respectively. |
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(40) | At origination of the Houston Multifamily Portfolio Mortgage Loan, the borrowers deposited $1,500,000 into an economic holdback reserve, to be released to the borrowers upon the net cash flow debt yield at the Houston Multifamily Portfolio Mortgaged Properties being at least 9.0% based on a trailing 12-month period. Notwithstanding the foregoing, no disbursement is permitted prior to the payment date in January 2022 or if an event of default exists. The Cut-off Date LTV Ratio, LTV Ratio at Maturity / ARD, Debt Yield on Underwritten Net Operating Income and Debt Yield on Underwritten Net Cash Flow calculations are based on the Houston Multifamily Portfolio Mortgage Loan Cut-off Date Balance of approximately $29,000,000 (net of the $1,500,000 economic holdback). Assuming the gross Houston Multifamily Portfolio Mortgage Loan Cut-off Date Balance of approximately $30,500,000 and the “as-portfolio” appraised value, Cut-off Date LTV Ratio, LTV Ratio at Maturity / ARD, Debt Yield on Underwritten Net Operating Income and Debt Yield on Underwritten Net Cash Flow calculations are 64.8%, 52.5%, 8.8% and 8.3%, respectively. |
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(41) | The Grand Canal Shoppes Whole Loan was co-originated by Goldman Sachs Bank USA, Morgan Stanley Bank, N.A., Wells Fargo Bank, N.A. and JPMorgan Chase Bank, National Association. |
(42) | Units, Pads, Rooms, Sq Ft excludes the 84,743 SF space currently leased to Barneys New York (the “Barneys Parcel”). The Barneys Parcel is included in the collateral; however, the borrowers have the right to obtain a free release with respect to the Barneys Parcel. As such, no value or rental income has been attributed to the Barneys Parcel. |
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(43) | The Largest Tenant, Venetian Casino Resort, has (i) 38,920 SF expiring on May 31, 2029, (ii) 34,088 SF expiring on July 31, 2025, (iii) 8,096 SF expiring on September 30, 2033 and (iv) 1 SF expiring on December 31, 2019 (per the September 2020 rent roll, the 1 SF unit was extended through December 31, 2020). |
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(44) | The Second Largest Tenant, TAO, has (i) 39,553 SF expiring on January 31, 2025, (ii) 8,800 SF expiring on May 31, 2029 (per the September 2020 rent roll, the 8,800 SF unit expires on February 28, 2030) and (iii) 1,088 SF expiring on January 31, 2020 (per the September 2020 rent roll, the 1,088 SF unit is on a month-to-month basis). |
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(45) | The Third Largest Tenant, Madame Tussauds Las Vegas, has (i) 28,000 SF expiring on July 31, 2024 and (ii) 235 SF expiring on December 31, 2019 (per the September 2020 rent roll, the 235 SF unit is on a month-to-month basis). |
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(46) | The Fourth Largest Tenant, Regis Galerie, has (i) 15,039 SF expiring on May 31, 2025, (ii) 4,654 SF expiring on February 29, 2020 (per the September 2020 rent roll, the 4,654 SF unit is on a month-to-month basis) and (iii) 8,406 SF expiring on December 31, 2020. |
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(47) | The Appraised Value represents the “as-is” appraised value of $1,640,000,000 for the Grand Canal Shoppes Mortgaged Property as of April 3, 2019, which excludes the Barneys Parcel that is subject to a free release under the Grand Canal Shoppes Whole Loan documents. The “as-is” appraised value of the Grand Canal Shoppes Mortgaged Property, including the Barneys Parcel, as of April 3, 2019 is $1,680,000,000, and results in a Cut-off Date LTV Ratio and LTV Ratio at Maturity / ARD of 45.2%. |
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(48) | The trailing 12-month financials dated September 30, 2020 were provided by the servicer, Midland Loan Services, and were not reviewed or adjusted by the lender. |
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(49) | The borrowers are tenants under two ground leases and an air rights lease at the Grand Canal Shoppes Mortgaged Property. One ground lease is for the retail and restaurant space on the casino level of the Venetian Hotel and Casino and expires on May 14, 2093 with no extension options. The other ground lease is for the retail and restaurant space on the casino level of The Palazzo and expires on February 28, 2097 with no extension options. The annual rent under each ground lease is $1 and the borrowers have the option to purchase the applicable premises for $1 on their respective expiration dates.
The air rights above the space leased to Walgreens Co. and used as a Walgreen’s store are leased by a third party to the borrowers. The air rights lease expires on February 28, 2064 and has one 40-year extension option. The annual ground rent under the air rights lease was initially $600,000. Such rent is subject to annual increases in an amount equal to the percentage increase in the consumer price index during the corresponding period, subject to a cap of 2.0%. The underwritten ground rent expense is $133,475. The borrowers sublease a portion of the air rights to The Venetian Casino Resort, LLC who pays 80.68% of the rent payable under the air rights lease, with the borrowers responsible for the remaining 19.32%. |
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(50) | The lockout period will be at least 25 payment dates beginning with and including the First Due Date in December 2020. Defeasance of the 32-42 Broadway Mortgage Loan in full is permitted after the date that is the earlier to occur of (i) November 3, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
(51) | On each monthly payment date beginning in January 2022, the borrower is required to deposit into the FF&E reserve an amount equal to 1/12th of (a) with respect to the period commencing on January 1, 2022 and ending on December 31, 2022, 2.5%, (b) with respect to the period commencing on January 1, 2023 and ending on December 31, 2023, 3.25%, and (c) with respect to the period commencing on January 1, 2024 and ending on the maturity date, 4.0%, in each case, of the greater of (x) the annual gross revenues for the hotel related operations at the Hotel ZaZa Houston Museum District Mortgaged Property for the immediately preceding calendar year as reasonably determined by lender and (y) the projected annual gross revenues for the hotel related operations at the Hotel ZaZa Houston Museum District Mortgaged Property for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget. |
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(52) | The lockout period will be at least 26 payment dates beginning with and including the First Due Date in November 2020. For the purpose of this prospectus, the assumed lockout period of 26 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(53) | The Appraised Value represents a 10.5% portfolio premium to the aggregate “as-is” appraised value of the individual mortgaged properties. The Cut-off Date LTV Ratio and LTV Ratio at Maturity / ARD for the SoCal & South Miami Medical Office Portfolio Mortgage Loan are calculated using the “as-is” appraised value based on such portfolio premium. The “as-is” appraised value for the SoCal & South Miami Medical Office Portfolio Mortgaged Properties was $134,390,000 as of August 2020. The Cut-off Date LTV Ratio and LTV Ratio at Maturity / ARD calculated using the aggregate “as-is” appraised values are 66.2% and 57.6%, respectively. |
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(54) | The lockout period will be at least 25 payment dates beginning with and including the First Due Date in December 2020. For the purpose of this prospectus, the assumed lockout period of 25 payment dates is based on the expected GSMS 2020-GSA2 securitization closing date in December 2020. The actual lockout period may be longer. |
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(55) | The Replacement Reserve Cap is calculated as the product of (x) $0.20 times (y) the aggregate number of rentable SF then contained in the Mortgaged Properties. As of the Cut-off Date, the aggregate number of rentable SF is 1,528,894. |
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(56) | The TI/LC Cap is calculated as the product of (x) $1.00 times (y) the aggregate number of rentable SF then contained in the Mortgaged Properties. As of the Cut-off Date, the aggregate number of rentable SF is 1,528,894. |
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(57) | The Philadelphia & Brooklyn Multifamily Portfolio Mortgaged Properties are comprised of 74 multifamily units which include 48 multifamily units and 26 commercial units (16,879 SF). Income from multifamily space is approximately 70.6% of underwritten gross potential rent and income from the commercial space is approximately 29.4% of underwritten gross potential rent. |
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(58) | The 3421-35 Richmond Street Mortgaged Property benefits from a 10-year city tax abatement program that expires in 2026. The 3421-35 Richmond Street Mortgaged Property currently has six years remaining on the 10-year city tax abatement program. The unabated estimated tax amount is $47,490 for the 2020/2021 tax year. Real estate taxes were underwritten to the estimated abated tax amount of approximately $6,344.
The 811-15 North 2nd Street Mortgaged Property benefits from a 10-year city tax abatement program that expires in 2022. The 811-15 North 2nd Street Mortgaged Property currently has two years remaining on the 10-year city tax abatement program. The unabated estimated tax amount is $42,565 for the 2020/2021 tax year. Real estate taxes were underwritten to the estimated abated tax amount of approximately $4,257. |
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(59) | If the replacement reserve account falls below $100,000, the borrower will be required to deposit on each payment date an amount initially equal to 1/12th of the product obtained by multiplying $329 by the number of apartment units at the King City SV Mortgaged Property (initially $3,125.50 per month). |
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(60) | The Upfront Debt Service Reserve represents five months of debt service (the “Minimum Debt Service Reserve Balance”) the Minimum Debt Service Reserve Balance may be reduced to $99,990 (three months of debt service) upon expiration of the Emergency Period (as defined in the Emergency Law). The Emergency Law means the Oregon House Bill 4204 (as may be amended, modified or extended solely in connection with, or in response to the COVID-19 global pandemic). |
(61) | The King City SV Mortgaged Property is subject to a master lease pursuant to which the borrower is the master lessor and a borrower affiliate is the master tenant. Pursuant to the terms of the master lease, income from the operations of the King City SV Mortgaged Property will be used to pay master rent to the borrower in accordance with a rent schedule agreed to by the borrower, the master lessee, and the lender. In the event of a foreclosure, the lender may cause the termination of the master lease. |
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(62) | The Third Largest Tenant, GGEC America, Inc. subleases 100% of its space (4,970 SF) to BRIC-TPS, LLC, which sublease is coterminous with the original lease, which expires March 31, 2021. BRIC-TPS, LLC’s current rent is $29.52 PSF, which remains in effect through the expiration date. Underwritten base rent is based on the contractual rent under the GGEC America, Inc. lease. |
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(63) | The Fourth Largest Tenant, Closingmark Home Loans, Inc. subleases 100% of its space (4,610 SF) to Clear Mortgage Capital, Inc., which sublease is coterminous with the original lease, which expires May 31, 2022. Clear Mortgage Capital, Inc.’s current rent is $24.00 PSF, which remains in effect through the expiration date. Underwritten base rent is based on the contractual rent under the Closingmark Home Loans, Inc. lease. |
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(64) | The Mortgaged Property consists of 314,547 SF of retail space that is 91.7% occupied and accounts for 78.9% of underwritten gross potential rent. The Mortgaged Property also consists of 71,868 SF of office space that is 98.0% occupied and accounts for 17.2% of gross potential rent. |
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(65) | The increase from Most Recent NOI (if past 2019) to Underwritten Net Operating Income at the Redmond Town Center Mortgaged Property is primarily attributable to the inclusion of contractual rent steps through February 2021. |
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(66) | 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 $25,000. |
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(67) | The 2019 cash flow is based on the trailing 12-month period ending September 30, 2019. Most Recent cash flow is based on the trailing 10-month period annualized ending on September 30, 2020. A full trailing 12 months was not available as October 2019 and November 2019 financials were not available. |
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(68) | On each monthly payment date, the related borrower is required to deposit into an FF&E reserve account an amount equal to 1/12th of 4% of annual gross income for the prior calendar year for the La Quinta Downtown Waco Mortgaged Property, currently $10,851. |
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(69) | The Second Largest Tenant, IBTS 1 LLC, has (i) 6,452 SF expiring on May 31, 2024 and (ii) 1,209 SF that expired on October 10, 2020. |
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(70) | The borrower is required to deposit into a TI/LC reserve, on a monthly basis, an amount equal to approximately $5,370 when the amount in the TI/LC reserve is less than $85,000, until such time the TI/LC reserve equals or exceeds $300,000. |
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(71) | The Upper West Side Mixed-Use Mortgaged Property is comprised of 12 multifamily units and one 3,500 SF commercial unit. |
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(72) | Under the terms of the related Mortgage Loan documents, the first payment date is the due date in February 2021, and the Original Interest-Only Period (Mos.) and Remaining Interest-Only Period (Mos.) are each 60 months, and the Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) are each 120 months. However, due to the fact that the related mortgage loan seller will contribute an initial interest deposit amount to the issuing entity on the Closing Date to cover an amount that represents one month’s interest that would have accrued with respect to the Mortgage Loan at the related interest rate with respect to a January 2021 payment date, such Mortgage Loan is being treated as having a first payment date on the due date in January 2021, and an Original Interest-Only Period (Mos.) and Remaining Interest-Only Period (Mos.) of 61 months, and an Original Term To Maturity / ARD (Mos.) and Remaining Term To Maturity / ARD (Mos.) of 121 months. |