| | FREE WRITING PROSPECTUS |
| | FILED PURSUANT TO RULE 433 |
| | REGISTRATION FILE NO.: 333-261279-02 |
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| The depositor has filed a registration statement (including a prospectus) with the SEC (File No. 333-261279) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the depositor or any underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free 1-800-294-1322 or by email to dg.Prospectus_Requests@bofa.com. | |
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| This material was prepared by sales, trading, banking or other non-research personnel of one of the following (or an affiliate thereof): BofA Securities, Inc. (together with its affiliates, “BofA Securities,”), Wells Fargo Securities, LLC (together with its affiliates, “Wells Fargo”), Morgan Stanley & Co. LLC, Morgan Stanley & Co. International Limited, Morgan Stanley Japan Limited and/or Morgan Stanley Dean Witter Asia Limited (together with their affiliates, hereinafter “Morgan Stanley”), Academy Securities, Inc. (together with its affiliates, “Academy”) or Drexel Hamilton, LLC (together with its affiliates, “Drexel” and, collectively with BofA Securities, Wells Fargo , Morgan Stanley and Academy the “Underwriters”). This material was not produced by an Underwriter’s research analyst, although it may refer to an Underwriter’s research analyst or research report. Unless otherwise indicated, these views (if any) are the author’s and may differ from those of the fixed income or equity research departments of the Underwriters or others in those firms. | |
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| This material has been prepared for information purposes to support the promotion or marketing of the transaction or matters addressed herein. This is not a research report and was not prepared by the research department of any Underwriter. It was prepared by sales, trading, banking or other non-research personnel of one or more of the Underwriters. This material is not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Each taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. Past performance is not necessarily a guide to future performance. Please see additional important information and qualifications at the end of this material. | |
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| The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuing entity nor any Underwriter will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. | |
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| The information contained in this material is subject to change, completion or amendment from time to time, and the information in this material supersedes information in any other communication relating to the securities referred to in this material. This material is not a solicitation to participate in any trading strategy, and is not an offer to sell any security or instrument or a solicitation of an offer to buy or sell any security or instrument in any jurisdiction where an offer, solicitation or sale is not permitted. Unless otherwise set forth in this material, any securities referred to in this material may not have been registered under the U.S. Securities Act of 1933, as amended, and, if not, may not be offered or sold absent an exemption therefrom. Recipients are required to comply with any legal or contractual restrictions on their purchase, holding, sale, exercise of rights or performance of obligations under any securities/instruments transaction. | |
| The securities/instruments discussed in this material may not be suitable for all investors. This material has been prepared and issued by the Underwriters for intended distribution to market professionals and institutional investor clients. Other recipients should seek independent investment advice prior to making any investment decision based on this material. This material does not provide individually tailored investment advice or offer tax, regulatory, accounting or legal advice. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences, of the transaction. You should consider this material as only a single factor in making an investment decision. | |
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| The value of and income from investments may vary because of changes in interest rates, foreign exchange rates, default rates, prepayment rates, securities/instruments prices, market indexes, operational or financial conditions of companies or other factors. There may be time limitations on the exercise of options or other rights in securities/instruments transactions. Past performance is not necessarily a guide to future performance. Estimates of future performance are based on assumptions that may not be realized. Actual events may differ from those assumed and changes to any assumptions may have a material impact on any projections or estimates. Other events not taken into account may occur and may significantly affect the projections or estimates. Certain assumptions may have been made for modeling purposes only to simplify the presentation and/or calculation of any projections or estimates, and the Underwriters do not represent that any such assumptions will reflect actual future events. Accordingly, there can be no assurance that estimated returns or projections will be realized or that actual returns or performance results will not materially differ from those estimated herein. Some of the information contained in this document may be aggregated data of transactions in securities or other financial instruments executed by one or more Underwriters that has been compiled so as not to identify the underlying transactions of any particular customer. | |
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| Notwithstanding anything herein to the contrary, the Underwriters and each recipient hereof agree that they (and their employees, representatives, and other agents) may disclose to any and all persons, without limitation of any kind from the commencement of discussions, the U.S. federal and state income tax treatment and tax structure of the transaction and all materials of any kind (including opinions or other tax analyses) that are provided to it relating to the tax treatment and tax structure (as such terms are defined in Treasury Regulation 1.6011-4). For this purpose, “tax structure” is limited to facts relevant to the U.S. federal and state income tax treatment of the transaction and does not include information relating to the identity of the parties, their affiliates, agents or advisors. This authorization of tax disclosure is retroactively effective to the commencement of discussions with prospective investors regarding the transactions contemplated herein. | |
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| THE DISTRIBUTION OF THIS MATERIAL (A) IF MADE BY A PERSON WHO IS NOT AN AUTHORIZED PERSON UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000 (“FSMA”), IS BEING MADE ONLY TO, OR DIRECTED ONLY AT, PERSONS WHO (I) ARE OUTSIDE THE UNITED KINGDOM, OR (II) HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS AND QUALIFY AS INVESTMENT PROFESSIONALS IN ACCORDANCE WITH ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS AMENDED, THE “FINANCIAL PROMOTION ORDER”), OR (III) ARE PERSONS FALLING WITHIN ARTICLE 49(2)(A) THROUGH (D) (“HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC.”) OF THE FINANCIAL PROMOTION ORDER OR, (IV) ARE PERSONS TO WHOM THIS MATERIAL MAY OTHERWISE LAWFULLY BE COMMUNICATED OR DIRECTED; AND (B) IF MADE BY A PERSON WHO IS AN AUTHORIZED PERSON UNDER THE FSMA, IS BEING MADE ONLY TO, OR DIRECTED ONLY AT, PERSONS WHO (I) ARE OUTSIDE THE UNITED KINGDOM, OR (II) HAVE PROFESSIONAL EXPERIENCE OF PARTICIPATING IN UNREGULATED SCHEMES (AS DEFINED FOR PURPOSES OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (PROMOTION OF COLLECTIVE INVESTMENT SCHEMES) (EXEMPTIONS) ORDER 2001 (AS AMENDED, THE “PROMOTION OF COLLECTIVE INVESTMENT SCHEMES EXEMPTIONS ORDER”)) AND QUALIFY AS INVESTMENT PROFESSIONALS IN ACCORDANCE WITH ARTICLE 14(5) OF THE PROMOTION OF COLLECTIVE INVESTMENT SCHEMES EXEMPTIONS ORDER, OR (III) ARE PERSONS FALLING WITHIN ARTICLE 22(2)(A) THROUGH (D) (HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC.) OF THE PROMOTION OF COLLECTIVE INVESTMENT SCHEMES EXEMPTIONS ORDER, OR (IV) ARE PERSONS TO WHOM THE ISSUING ENTITY MAY LAWFULLY BE PROMOTED IN ACCORDANCE WITH SECTION 4.12 OF THE FCA HANDBOOK CONDUCT OF BUSINESS SOURCEBOOK. | |
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| THE OFFERED CERTIFICATES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE FINANCIAL INSTRUMENTS AND EXCHANGE LAW OF JAPAN, AS AMENDED (THE “FIEL”), AND DISCLOSURE UNDER THE FIEL HAS NOT BEEN AND WILL NOT BE MADE WITH RESPECT TO THE OFFERED CERTIFICATES. ACCORDINGLY, EACH OF BOFA SECURITIES, INC., WELLS FARGO SECURITIES, LLC, MORGAN STANLEY & CO. LLC, ACADEMY SECURITIES, INC. AND DREXEL HAMILTON, LLC HAS REPRESENTED AND AGREED THAT IT HAS NOT, DIRECTLY OR INDIRECTLY, OFFERED OR SOLD AND WILL NOT, DIRECTLY OR INDIRECTLY, OFFER OR SELL ANY OFFERED CERTIFICATES, IN JAPAN OR TO, OR FOR THE BENEFIT OF, ANY RESIDENT OF JAPAN (WHICH TERM AS USED IN THIS MATERIAL MEANS ANY PERSON RESIDENT IN JAPAN, INCLUDING ANY CORPORATION OR OTHER ENTITY ORGANIZED UNDER THE LAWS OF JAPAN) OR TO OTHERS FOR REOFFERING OR RE SALE, DIRECTLY OR INDIRECTLY, IN JAPAN OR TO, OR FOR THE BENEFIT OF, ANY RESIDENT OF JAPAN EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF, AND OTHERWISE IN COMPLIANCE WITH, THE FIEL AND OTHER RELEVANT LAWS, REGULATIONS AND MINISTERIAL GUIDELINES OF JAPAN. AS PART OF THIS OFFERING OF THE OFFERED CERTIFICATES, THE UNDERWRITERS MAY OFFER THE OFFERED CERTIFICATES IN JAPAN TO UP TO 49 OFFEREES IN ACCORDANCE WITH THE ABOVE PROVISIONS. | |
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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator (1) | Mortgage Loan Seller (1) | Related Group | Crossed Group | Address |
1 | Loan | 5, 9, A | 1 | Constitution Center | 9.99% | 100.0% | MSMCH/MSBNA | MSMCH | NAP | NAP | 400 7th Street Southwest |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 9.99% | 100.0% | WFB | WFB | NAP | NAP | 4000 South Sandestin Boulevard |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 9.3% | 100.0% | WFB | WFB | NAP | NAP | 79 Fifth Avenue |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 9.3% | 100.0% | MSBNA | MSMCH | NAP | NAP | 2355 and 2383 Utah Avenue |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 7.1% | 100.0% | BANA | BANA | NAP | NAP | 5100 Coe Avenue |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 6.0% | 100.0% | WFB | WFB | NAP | NAP | Various |
7 | Loan | | 1 | 625 North Flagler Drive | 5.1% | 100.0% | BANA | BANA | NAP | NAP | 625 North Flagler Drive |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 5.0% | 100.0% | WFB | WFB | NAP | NAP | 1621-1679 East Monte Vista Avenue |
9 | Loan | 5, 8, C | 1 | Pacific View | 3.9% | 100.0% | MSBNA/CFI | MSMCH | NAP | NAP | 3301 East Main Street |
10 | Loan | 7 | 1 | Midtown Shopping Center | 3.3% | 100.0% | BANA | BANA | NAP | NAP | 2920 Seward Highway |
11 | Loan | | 1 | Yuba City Marketplace | 2.6% | 100.0% | MSBNA | MSMCH | NAP | NAP | 1110 Harter Parkway at Highway 20 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 2.3% | | WFB | WFB | NAP | NAP | Various |
12.01 | Property | | 1 | Garrett Crossing | 0.9% | 37.8% | | | | | 1323 Mebane Oaks Road |
12.02 | Property | | 1 | Parkway Pointe | 0.8% | 33.8% | | | | | 3335-3443 Freedom Drive |
12.03 | Property | | 1 | Billings Crossing Plaza | 0.7% | 28.5% | | | | | 631 Talokas Lane |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 2.2% | 100.0% | BANA | BANA | NAP | NAP | 587 Connecticut Avenue |
14 | Loan | D | 1 | Central Plaza | 2.1% | 100.0% | MSBNA | MSMCH | NAP | NAP | 6429 Slide Road |
15 | Loan | E | 1 | Backlick Center | 2.1% | 100.0% | MSBNA | MSMCH | NAP | NAP | 6651-6691 Backlick Road |
16 | Loan | | 1 | New Bern Marketplace | 1.9% | 100.0% | WFB | WFB | NAP | NAP | 3553-3561 Dr. MLK Jr. Boulevard |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | 1.8% | | MSBNA | MSMCH | NAP | NAP | Various |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | 0.9% | 49.4% | | | | | 1212 and 1200 Enterprise Drive |
17.02 | Property | | 1 | 5205 Freitag Drive | 0.6% | 31.4% | | | | | 5205 Freitag Drive |
17.03 | Property | | 1 | 1821 Indianhead Drive | 0.3% | 19.1% | | | | | 1821 Indianhead Drive |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 1.7% | 100.0% | WFB | WFB | NAP | NAP | 32401, 32421, 32601 and 33771 Calle Perfecto |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 1.3% | | MSBNA | MSMCH | NAP | NAP | Various |
19.01 | Property | | 1 | 1591 Industrial Road | 0.2% | 17.5% | | | | | 1591 Industrial Road |
19.02 | Property | | 1 | 1129 East Interstate Plaza | 0.2% | 17.0% | | | | | 1129 East Interstate Plaza |
19.03 | Property | | 1 | 1515 East El Rodeo Road | 0.1% | 9.5% | | | | | 1515 East El Rodeo Road |
19.04 | Property | | 1 | 3582 East Gordon Drive | 0.1% | 9.3% | | | | | 3582 East Gordon Drive |
19.05 | Property | | 1 | 4514 Powell Avenue | 0.1% | 6.7% | | | | | 4514 North Powell Avenue |
19.06 | Property | | 1 | 2881 Rhoades Avenue | 0.1% | 6.4% | | | | | 2881 Rhoades Avenue |
19.07 | Property | | 1 | 12975 South Oatman Highway | 0.1% | 5.7% | | | | | 12975 South Oatman Highway |
19.08 | Property | | 1 | 3096 Highway 95 | 0.1% | 5.1% | | | | | 3096 Highway 95 |
19.09 | Property | | 1 | 423 Marina Boulevard | 0.0% | 3.3% | | | | | 423 East Marina Boulevard |
19.10 | Property | | 1 | 3890 Sunshine Drive | 0.0% | 3.1% | | | | | 3890 Sunshine Drive |
19.11 | Property | | 1 | 10407 Barrackman Road | 0.0% | 3.1% | | | | | 10411 & 10407 South Barrackman Road |
19.12 | Property | | 1 | 2715 Highway 95 | 0.0% | 2.7% | | | | | 2715 Highway 95 |
19.13 | Property | | 1 | 2065 South Plaza Drive | 0.0% | 2.6% | | | | | 2065 South Plaza Drive |
19.14 | Property | | 1 | 2064 South Plaza Drive | 0.0% | 1.8% | | | | | 2064 South Plaza Drive |
19.15 | Property | | 1 | 2937 Easy Street | 0.0% | 1.8% | | | | | 2937 Easy Street |
19.16 | Property | | 1 | 1735 South Trane Road | 0.0% | 1.6% | | | | | 1735 South Trane Road |
19.17 | Property | | 1 | 454 Marina Boulevard | 0.0% | 1.4% | | | | | 454 East Marina Boulevard |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | 0.0% | 1.2% | | | | | 5062 East Chiricahua Drive |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 1.3% | | BANA | BANA | NAP | NAP | Various |
20.01 | Property | | 1 | A Sentry Mini Storage | 0.7% | 55.9% | | | | | 225 Boniface Parkway |
20.02 | Property | | 1 | Top Shelf Storage | 0.6% | 44.1% | | | | | 11711 Old Seward Highway |
21 | Loan | 14 | 1 | Oakmead Village Office | 0.9% | 100.0% | WFB | WFB | NAP | NAP | 3040-3050 Oakmead Village Drive |
22 | Loan | | 1 | Orange Self Storage | 0.9% | 100.0% | WFB | WFB | NAP | NAP | 265 Orange Point Drive & 8321 Green Meadows Drive North |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | 0.9% | 100.0% | NCCB | NCB | NAP | NAP | 60 Knolls Crescent and 80 Knolls Crescent |
24 | Loan | | 1 | 100 Marketplace | 0.8% | 100.0% | MSBNA | MSMCH | Group 1 | NAP | 25 Mountainview Boulevard |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | 0.8% | 100.0% | NCCB | NCB | NAP | NAP | 3850 Sedgwick Avenue |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator (1) | Mortgage Loan Seller (1) | Related Group | Crossed Group | Address |
26 | Loan | | 1 | Big Oaks Mini Storage | 0.7% | 100.0% | WFB | WFB | NAP | NAP | 3932 Tate Street |
27 | Loan | | 1 | Corner Village at Warren | 0.7% | 100.0% | MSBNA | MSMCH | Group 1 | NAP | 9 Mount Bethel Road |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | 0.7% | 100.0% | NCCB | NCB | NAP | NAP | 4601 Henry Hudson Parkway |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | 0.7% | 100.0% | NCB | NCB | NAP | NAP | 1964-1966 Newbold Avenue |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | 0.5% | 100.0% | NCCB | NCB | NAP | NAP | 315 West 232nd Street |
31 | Loan | | 1 | Mercury Self-Storage | 0.5% | 100.0% | MSBNA | MSMCH | NAP | NAP | 185 East Mercury Boulevard |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | 0.5% | 100.0% | NCCB | NCB | NAP | NAP | 3030 Johnson Avenue a/k/a 3020/3030 Johnson Avenue |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | 0.4% | 100.0% | NCB | NCB | NAP | NAP | 311 East 71st Street |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 0.4% | 100.0% | WFB | WFB | NAP | NAP | 1850 Ephriham Avenue |
35 | Loan | | 1 | Spring Self Storage | 0.3% | 100.0% | WFB | WFB | NAP | NAP | 24507 West Hardy Road |
36 | Loan | | 1 | Don-Mar MHC | 0.3% | 100.0% | BANA | BANA | NAP | NAP | 300 Nixon Street |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | 0.3% | 100.0% | NCCB | NCB | NAP | NAP | 187 Hicks Street a/k/a 177/189 Hicks Street a/k/a 63/65 Love Lane a/k/a 47 Pierrepont Street |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | 0.2% | 100.0% | NCB | NCB | NAP | NAP | 44-10 Ketcham Street |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 3200 Netherland Avenue |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 339 East 58th Street a/k/a 337/343 East 58th Street |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 35-37 Summit Avenue |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | 0.2% | 100.0% | NCCB | NCB | NAP | NAP | 235 West 108th Street |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 61 Horatio Street a/k/a 832 Greenwich Street a/k/a 832-836 Greenwich Street |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | 0.1% | 100.0% | NCCB | NCB | NAP | NAP | 105 East 38th Street a/k/a 103/105 East 38th Street |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | Washington | District of Columbia | DC | 20024 | Office | CBD | 1968 | 2010 | 1,410,049 | SF | 282.26 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | Miramar Beach | Walton | FL | 32550 | Hospitality | Full Service | 1984 | 2021 | 590 | Rooms | 203,389.83 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | New York | New York | NY | 10003 | Office | CBD | 1906 | 2016 | 345,751 | SF | 694.14 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | El Segundo | Los Angeles | CA | 90245 | Office | Suburban | 1968 | 2014 | 202,813 | SF | 419.11 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Seaside | Monterey | CA | 93955 | Manufactured Housing | Manufactured Housing | 1985 | NAP | 223 | Units | 242,152.47 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Dallas | Dallas | TX | 75207 | Various | Various | Various | Various | 524,030 | SF | 248.75 |
7 | Loan | | 1 | 625 North Flagler Drive | West Palm Beach | Palm Beach | FL | 33401 | Office | CBD | 1984 | 2019 | 108,482 | SF | 359.51 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Vacaville | Solano | CA | 95688 | Retail | Anchored | 2006 | 2008 | 369,932 | SF | 227.07 |
9 | Loan | 5, 8, C | 1 | Pacific View | Ventura | Ventura | CA | 93003 | Retail | Regional Mall | 1964 | 2000 | 577,762 | SF | 124.62 |
10 | Loan | 7 | 1 | Midtown Shopping Center | Anchorage | Anchorage | AK | 99503 | Retail | Anchored | 1966 | 2019 | 150,872 | SF | 165.70 |
11 | Loan | | 1 | Yuba City Marketplace | Yuba City | Sutter | CA | 95993 | Retail | Anchored | 2004 | 2010 | 142,808 | SF | 140.05 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | Various | Various | Various | Various | Retail | Shadow Anchored | Various | Various | 123,385 | SF | 141.83 |
12.01 | Property | | 1 | Garrett Crossing | Mebane | Alamance | NC | 27302 | Retail | Shadow Anchored | 2005 | NAP | 45,315 | SF | |
12.02 | Property | | 1 | Parkway Pointe | Springfield | Sangamon | IL | 62704 | Retail | Shadow Anchored | 1993 | 2013 | 38,512 | SF | |
12.03 | Property | | 1 | Billings Crossing Plaza | Columbus | Muscogee | GA | 31909 | Retail | Shadow Anchored | 2009 | NAP | 39,558 | SF | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | Norwalk | Fairfield | CT | 06854 | Self Storage | Self Storage | 2016 | NAP | 71,100 | SF | 235.23 |
14 | Loan | D | 1 | Central Plaza | Lubbock | Lubbock | TX | 79414 | Retail | Anchored | 1979 | NAP | 155,209 | SF | 103.73 |
15 | Loan | E | 1 | Backlick Center | Springfield | Fairfax | VA | 22150 | Retail | Unanchored | 1980 | 2019 | 48,267 | SF | 331.49 |
16 | Loan | | 1 | New Bern Marketplace | New Bern | Craven | NC | 28562 | Retail | Anchored | 2018 | NAP | 166,834 | SF | 88.29 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | Various | Various | WI | Various | Industrial | Warehouse | Various | Various | 257,692 | SF | 52.39 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | De Pere | Brown | WI | 54115 | Industrial | Warehouse | 1999; 2017 | 2009; 2012; 2019 | 119,080 | SF | |
17.02 | Property | | 1 | 5205 Freitag Drive | Menomonie | Dunn | WI | 54751 | Industrial | Warehouse | 2013 | 2018 | 86,346 | SF | |
17.03 | Property | | 1 | 1821 Indianhead Drive | Menomonie | Dunn | WI | 54751 | Industrial | Warehouse | 1992 | 2008 | 52,266 | SF | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | San Juan Capistrano | Orange | CA | 92675 | Industrial | Flex | 2000 | NAP | 80,023 | SF | 162.45 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | Various | Mohave | AZ | Various | Self Storage | Self Storage | Various | NAP | 287,637 | SF | 35.64 |
19.01 | Property | | 1 | 1591 Industrial Road | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1984, 2019 | NAP | 35,150 | SF | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1984, 2021 | NAP | 34,510 | SF | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | Fort Mohave | Mohave | AZ | 86426 | Self Storage | Self Storage | 1988 | NAP | 25,788 | SF | |
19.04 | Property | | 1 | 3582 East Gordon Drive | Kingman | Mohave | AZ | 86409 | Self Storage | Self Storage | 1961, 1982, 1984, 1989, 1991, 1995, 2003 | NAP | 31,294 | SF | |
19.05 | Property | | 1 | 4514 Powell Avenue | Kingman | Mohave | AZ | 86409 | Self Storage | Self Storage | 1980 | NAP | 19,254 | SF | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | Kingman | Mohave | AZ | 86409 | Self Storage | Self Storage | 1987, 1991 | NAP | 13,472 | SF | |
19.07 | Property | | 1 | 12975 South Oatman Highway | Topock | Mohave | AZ | 86436 | Self Storage | Self Storage | 1983, 1984, 2004 | NAP | 20,648 | SF | |
19.08 | Property | | 1 | 3096 Highway 95 | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1981, 1982 | NAP | 15,487 | SF | |
19.09 | Property | | 1 | 423 Marina Boulevard | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1984 | NAP | 6,614 | SF | |
19.10 | Property | | 1 | 3890 Sunshine Drive | Kingman | Mohave | AZ | 86409 | Self Storage | Self Storage | 1970, 1984, 1987 | NAP | 20,177 | SF | |
19.11 | Property | | 1 | 10407 Barrackman Road | Mohave Valley | Mohave | AZ | 86440 | Self Storage | Self Storage | 1979 | NAP | 10,857 | SF | |
19.12 | Property | | 1 | 2715 Highway 95 | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1978 | NAP | 8,752 | SF | |
19.13 | Property | | 1 | 2065 South Plaza Drive | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1975, 1987 | NAP | 5,880 | SF | |
19.14 | Property | | 1 | 2064 South Plaza Drive | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1984 | NAP | 8,380 | SF | |
19.15 | Property | | 1 | 2937 Easy Street | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 2019 | NAP | 17,808 | SF | |
19.16 | Property | | 1 | 1735 South Trane Road | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1983 | NAP | 6,422 | SF | |
19.17 | Property | | 1 | 454 Marina Boulevard | Bullhead City | Mohave | AZ | 86442 | Self Storage | Self Storage | 1986 | NAP | 2,844 | SF | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | Topock | Mohave | AZ | 86436 | Self Storage | Self Storage | 1980, 2000 | NAP | 4,300 | SF | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | Anchorage | Anchorage | AK | Various | Self Storage | Self Storage | Various | NAP | 127,238 | SF | 77.91 |
20.01 | Property | | 1 | A Sentry Mini Storage | Anchorage | Anchorage | AK | 99504 | Self Storage | Self Storage | 1985 | NAP | 89,838 | SF | |
20.02 | Property | | 1 | Top Shelf Storage | Anchorage | Anchorage | AK | 99515 | Self Storage | Self Storage | 2014 | NAP | 37,445 | SF | |
21 | Loan | 14 | 1 | Oakmead Village Office | Santa Clara | Santa Clara | CA | 95051 | Office | R&D | 1977 | 2021 | 24,070 | SF | 290.82 |
22 | Loan | | 1 | Orange Self Storage | Lewis Center | Delaware | OH | 43035 | Self Storage | Self Storage | 1995 | 2018 | 89,300 | SF | 75.59 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | Bronx | Bronx | NY | 10463 | Multifamily | Cooperative | 1952 | 2001 | 240 | Units | 27,083.33 |
24 | Loan | | 1 | 100 Marketplace | Basking Ridge | Somerset | NJ | 07920 | Mixed Use | Retail/Office | 2008 | NAP | 55,890 | SF | 109.14 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | Bronx | Bronx | NY | 10463 | Multifamily | Cooperative | 1955 | 2012 | 122 | Units | 49,908.99 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | Sacramento | Sacramento | CA | 95838 | Self Storage | Self Storage | 1986 | NAP | 84,350 | SF | 65.20 |
27 | Loan | | 1 | Corner Village at Warren | Warren | Somerset | NJ | 07059 | Mixed Use | Retail/Office | 2009 | NAP | 33,446 | SF | 164.22 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | Riverdale | Bronx | NY | 10471 | Multifamily | Cooperative | 1949 | 2012 | 48 | Units | 106,695.39 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | Bronx | Bronx | NY | 10472 | Multifamily | Cooperative | 1967 | 2010 | 138 | Units | 36,231.88 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | Bronx | Bronx | NY | 10463 | Multifamily | Cooperative | 1972 | 2012 | 72 | Units | 52,777.78 |
31 | Loan | | 1 | Mercury Self-Storage | Hampton | Hampton | VA | 23669 | Self Storage | Self Storage | 1980 | 1985 | 44,395 | SF | 85.60 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | Bronx | Bronx | NY | 10463 | Multifamily | Cooperative | 1964 | 2007 | 59 | Units | 59,147.56 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | New York | New York | NY | 10021 | Multifamily | Cooperative | 1962 | 2012 | 90 | Units | 35,535.24 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | Fort Worth | Tarrant | TX | 76164 | Self Storage | Self Storage | 1985 | 2020 | 62,475 | SF | 48.02 |
35 | Loan | | 1 | Spring Self Storage | Spring | Harris | TX | 77373 | Self Storage | Self Storage | 1978 | NAP | 44,000 | SF | 51.14 |
36 | Loan | | 1 | Don-Mar MHC | Noblesville | Hamilton | IN | 46060 | Manufactured Housing | Manufactured Housing | 1950 | NAP | 71 | Pads | 30,070.42 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | Brooklyn | Kings | NY | 11201 | Multifamily | Cooperative | 1904 | 2019 | 29 | Units | 68,918.23 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | Elmhurst | Queens | NY | 11373 | Multifamily | Cooperative | 1940 | 1992 | 64 | Units | 29,687.50 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | Bronx | Bronx | NY | 10463 | Multifamily | Cooperative | 1955 | 2019 | 78 | Units | 24,344.38 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | New York | New York | NY | 10022 | Multifamily | Cooperative | 1929 | 2006 | 93 | Units | 20,414.95 |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | Port Chester | Westchester | NY | 10573 | Multifamily | Cooperative | 1927 | 2001 | 56 | Units | 31,117.02 |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | New York | New York | NY | 10025 | Multifamily | Cooperative | 1900 | 2019 | 34 | Units | 43,990.12 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | New York | New York | NY | 10014 | Multifamily | Cooperative | 1958 | 1999 | 34 | Units | 32,312.90 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | New York | New York | NY | 10016 | Multifamily | Cooperative | 1924 | 2015 | 25 | Units | 39,728.77 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % (3) | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 76,000,000 | 76,000,000 | 76,000,000 | 3.04940% | 0.01777% | 3.03163% | NAP | 195,811.01 | NAP | 2,349,732.12 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 76,000,000 | 76,000,000 | 76,000,000 | 4.62000% | 0.01777% | 4.60223% | NAP | 296,663.89 | NAP | 3,559,966.68 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 71,000,000 | 71,000,000 | 71,000,000 | 4.92000% | 0.01652% | 4.90348% | NAP | 295,143.06 | NAP | 3,541,716.72 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 71,000,000 | 71,000,000 | 71,000,000 | 5.64000% | 0.01777% | 5.62223% | NAP | 338,334.72 | NAP | 4,060,016.64 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 54,000,000 | 54,000,000 | 54,000,000 | 5.85000% | 0.01777% | 5.83223% | NAP | 266,906.25 | NAP | 3,202,875.00 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 45,350,000 | 45,350,000 | 45,350,000 | 4.57700% | 0.01777% | 4.55923% | NAP | 175,374.85 | NAP | 2,104,498.20 |
7 | Loan | | 1 | 625 North Flagler Drive | 39,000,000 | 39,000,000 | 33,764,504 | 4.94000% | 0.01777% | 4.92223% | 207,932.66 | 162,779.86 | 2,495,191.92 | 1,953,358.32 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 37,800,000 | 37,800,000 | 37,800,000 | 4.74000% | 0.01652% | 4.72348% | NAP | 151,383.75 | NAP | 1,816,605.00 |
9 | Loan | 5, 8, C | 1 | Pacific View | 30,000,000 | 30,000,000 | 26,198,625 | 5.29000% | 0.01777% | 5.27223% | 166,405.15 | 134,086.81 | 1,996,861.80 | 1,609,041.72 |
10 | Loan | 7 | 1 | Midtown Shopping Center | 25,000,000 | 25,000,000 | 25,000,000 | 4.44500% | 0.01777% | 4.42723% | NAP | 93,890.34 | NAP | 1,126,684.08 |
11 | Loan | | 1 | Yuba City Marketplace | 20,000,000 | 20,000,000 | 18,413,365 | 4.76500% | 0.01777% | 4.74723% | 104,510.37 | 80,519.68 | 1,254,124.44 | 966,236.16 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 17,500,000 | 17,500,000 | 15,586,085 | 5.19200% | 0.01777% | 5.17423% | 96,007.94 | 76,768.29 | 1,152,095.28 | 921,219.48 |
12.01 | Property | | 1 | Garrett Crossing | 6,613,588 | 6,613,588 | 5,890,283 | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | 5,907,643 | 5,907,643 | 5,261,545 | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | 4,978,769 | 4,978,769 | 4,434,258 | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 16,725,000 | 16,725,000 | 16,725,000 | 4.84500% | 0.01777% | 4.82723% | NAP | 68,465.07 | NAP | 821,580.84 |
14 | Loan | D | 1 | Central Plaza | 16,100,000 | 16,100,000 | 13,423,831 | 4.50000% | 0.01777% | 4.48223% | 81,576.33 | 61,213.54 | 978,915.96 | 734,562.48 |
15 | Loan | E | 1 | Backlick Center | 16,000,000 | 16,000,000 | 14,191,939 | 5.36000% | 0.01777% | 5.34223% | 89,445.84 | 72,459.26 | 1,073,350.08 | 869,511.12 |
16 | Loan | | 1 | New Bern Marketplace | 14,730,000 | 14,730,000 | 14,730,000 | 4.99200% | 0.04777% | 4.94423% | NAP | 62,127.87 | NAP | 745,534.44 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | 13,500,000 | 13,500,000 | 13,500,000 | 4.85000% | 0.01777% | 4.83223% | NAP | 55,320.31 | NAP | 663,843.72 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | 6,673,771 | 6,673,771 | 6,673,771 | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | 4,244,262 | 4,244,262 | 4,244,262 | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | 2,581,967 | 2,581,967 | 2,581,967 | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 13,000,000 | 13,000,000 | 13,000,000 | 5.13500% | 0.01777% | 5.11723% | NAP | 56,401.79 | NAP | 676,821.48 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 10,250,000 | 10,250,000 | 10,250,000 | 4.91000% | 0.05527% | 4.85473% | NAP | 42,522.08 | NAP | 510,264.96 |
19.01 | Property | | 1 | 1591 Industrial Road | 1,791,000 | 1,791,000 | 1,791,000 | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | 1,745,000 | 1,745,000 | 1,745,000 | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | 970,000 | 970,000 | 970,000 | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | 955,000 | 955,000 | 955,000 | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | 690,000 | 690,000 | 690,000 | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | 661,000 | 661,000 | 661,000 | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | 589,000 | 589,000 | 589,000 | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | 521,000 | 521,000 | 521,000 | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | 342,000 | 342,000 | 342,000 | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | 322,000 | 322,000 | 322,000 | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | 319,000 | 319,000 | 319,000 | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | 281,000 | 281,000 | 281,000 | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | 266,000 | 266,000 | 266,000 | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | 186,000 | 186,000 | 186,000 | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | 185,000 | 185,000 | 185,000 | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | 165,000 | 165,000 | 165,000 | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | 144,000 | 144,000 | 144,000 | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | 118,000 | 118,000 | 118,000 | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 9,912,500 | 9,912,500 | 9,912,500 | 4.45000% | 0.01777% | 4.43223% | NAP | 37,269.39 | NAP | 447,232.68 |
20.01 | Property | | 1 | A Sentry Mini Storage | 5,537,500 | 5,537,500 | 5,537,500 | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | 4,375,000 | 4,375,000 | 4,375,000 | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | 7,000,000 | 7,000,000 | 7,000,000 | 5.85200% | 0.01777% | 5.83423% | NAP | 34,610.79 | NAP | 415,329.48 |
22 | Loan | | 1 | Orange Self Storage | 6,750,000 | 6,750,000 | 6,058,871 | 4.51500% | 0.07527% | 4.43973% | 34,261.45 | 25,749.61 | 411,137.40 | 308,995.32 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | 6,500,000 | 6,500,000 | 6,500,000 | 3.99000% | 0.09277% | 3.89723% | NAP | 21,912.67 | NAP | 262,952.04 |
24 | Loan | | 1 | 100 Marketplace | 6,100,000 | 6,100,000 | 6,100,000 | 3.75000% | 0.01777% | 3.73223% | NAP | 19,327.26 | NAP | 231,927.12 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | 6,100,000 | 6,088,897 | 5,305,587 | 3.50000% | 0.09277% | 3.40723% | 23,630.85 | NAP | 283,570.20 | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Administrative Fee Rate % (3) | Net Mortgage Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | 5,500,000 | 5,500,000 | 4,642,087 | 4.90600% | 0.01777% | 4.88823% | 29,210.03 | 22,798.14 | 350,520.36 | 273,577.68 |
27 | Loan | | 1 | Corner Village at Warren | 5,500,000 | 5,492,592 | 4,371,838 | 3.94000% | 0.01777% | 3.92223% | 26,067.95 | NAP | 312,815.40 | NAP |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | 5,125,000 | 5,121,379 | 4,544,447 | 4.12000% | 0.09277% | 4.02723% | 21,803.42 | NAP | 261,641.04 | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | 5,000,000 | 5,000,000 | 5,000,000 | 4.51000% | 0.09277% | 4.41723% | NAP | 19,052.66 | NAP | 228,631.92 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | 3,800,000 | 3,800,000 | 3,800,000 | 3.66000% | 0.09277% | 3.56723% | NAP | 11,750.97 | NAP | 141,011.64 |
31 | Loan | | 1 | Mercury Self-Storage | 3,800,000 | 3,800,000 | 3,800,000 | 5.69000% | 0.01777% | 5.67223% | NAP | 18,268.59 | NAP | 219,223.08 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | 3,500,000 | 3,489,706 | 2,757,413 | 3.70000% | 0.09277% | 3.60723% | 16,109.90 | NAP | 193,318.80 | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | 3,200,000 | 3,198,171 | 2,886,669 | 4.73000% | 0.09277% | 4.63723% | 14,862.50 | NAP | 178,350.00 | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 3,000,000 | 3,000,000 | 3,000,000 | 4.39900% | 0.01777% | 4.38123% | NAP | 11,150.24 | NAP | 133,802.88 |
35 | Loan | | 1 | Spring Self Storage | 2,250,000 | 2,250,000 | 2,250,000 | 5.50600% | 0.06777% | 5.43823% | NAP | 10,467.14 | NAP | 125,605.68 |
36 | Loan | | 1 | Don-Mar MHC | 2,135,000 | 2,135,000 | 2,135,000 | 5.22700% | 0.01777% | 5.20923% | NAP | 9,428.87 | NAP | 113,146.44 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | 2,000,000 | 1,998,629 | 1,778,125 | 4.21000% | 0.09277% | 4.11723% | 8,621.87 | NAP | 103,462.44 | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | 1,900,000 | 1,900,000 | 1,900,000 | 4.04000% | 0.09277% | 3.94723% | NAP | 6,485.51 | NAP | 77,826.12 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | 1,900,000 | 1,898,862 | 1,707,928 | 4.60000% | 0.09277% | 4.50723% | 8,664.21 | NAP | 103,970.52 | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | 1,900,000 | 1,898,590 | 1,677,245 | 3.97000% | 0.09277% | 3.87723% | 7,905.42 | NAP | 94,865.04 | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | 1,745,000 | 1,742,553 | 1,560,518 | 4.42000% | 0.09277% | 4.32723% | 7,755.36 | NAP | 93,064.32 | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | 1,500,000 | 1,495,664 | 1,185,664 | 3.79000% | 0.09277% | 3.69723% | 6,980.82 | NAP | 83,769.84 | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | 1,100,000 | 1,098,638 | 886,522 | 4.33000% | 0.09277% | 4.23723% | 5,462.98 | NAP | 65,555.76 | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | 1,000,000 | 993,219 | 13,843 | 3.74000% | 0.09277% | 3.64723% | 10,001.41 | NAP | 120,016.92 | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | 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 | Seasoning (Mos.) |
1 | Loan | 5, 9, A | 1 | Constitution Center | Interest Only | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 2/16/2022 | 3 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/22/2022 | 1 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/29/2022 | 1 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/18/2022 | 1 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/6/2022 | 0 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Interest Only | No | Actual/360 | 120 | 117 | 120 | 117 | 0 | 0 | 2/14/2022 | 3 |
7 | Loan | | 1 | 625 North Flagler Drive | Interest Only, Amortizing Balloon | No | Actual/360 | 24 | 23 | 120 | 119 | 360 | 360 | 4/8/2022 | 1 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/12/2022 | 1 |
9 | Loan | 5, 8, C | 1 | Pacific View | Interest Only, Amortizing Balloon | No | Actual/360 | 24 | 23 | 120 | 119 | 360 | 360 | 4/29/2022 | 1 |
10 | Loan | 7 | 1 | Midtown Shopping Center | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/5/2022 | 1 |
11 | Loan | | 1 | Yuba City Marketplace | Interest Only, Amortizing Balloon | No | Actual/360 | 60 | 59 | 120 | 119 | 360 | 360 | 4/26/2022 | 1 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | Interest Only, Amortizing Balloon | No | Actual/360 | 36 | 35 | 120 | 119 | 360 | 360 | 4/14/2022 | 1 |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/22/2022 | 1 |
14 | Loan | D | 1 | Central Plaza | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 10 | 120 | 118 | 360 | 360 | 3/24/2022 | 2 |
15 | Loan | E | 1 | Backlick Center | Interest Only, Amortizing Balloon | No | Actual/360 | 32 | 32 | 120 | 120 | 360 | 360 | 5/5/2022 | 0 |
16 | Loan | | 1 | New Bern Marketplace | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/18/2022 | 1 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/18/2022 | 1 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 5/4/2022 | 1 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | Interest Only | No | Actual/360 | 120 | 120 | 120 | 120 | 0 | 0 | 5/9/2022 | 0 |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/14/2022 | 1 |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 4/22/2022 | 1 |
22 | Loan | | 1 | Orange Self Storage | Interest Only, Amortizing Balloon | No | Actual/360 | 48 | 46 | 120 | 118 | 360 | 360 | 4/11/2022 | 2 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 3/31/2022 | 2 |
24 | Loan | | 1 | 100 Marketplace | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/1/2022 | 2 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 480 | 478 | 3/31/2022 | 2 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | 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 | Seasoning (Mos.) |
26 | Loan | | 1 | Big Oaks Mini Storage | Interest Only, Amortizing Balloon | No | Actual/360 | 12 | 11 | 120 | 119 | 360 | 360 | 5/3/2022 | 1 |
27 | Loan | | 1 | Corner Village at Warren | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/22/2022 | 1 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/27/2022 | 1 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/28/2022 | 1 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 3/31/2022 | 2 |
31 | Loan | | 1 | Mercury Self-Storage | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/21/2022 | 1 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 3/31/2022 | 2 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/27/2022 | 1 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | Interest Only | No | Actual/360 | 120 | 118 | 120 | 118 | 0 | 0 | 4/1/2022 | 2 |
35 | Loan | | 1 | Spring Self Storage | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/20/2022 | 1 |
36 | Loan | | 1 | Don-Mar MHC | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/25/2022 | 1 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/29/2022 | 1 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | Interest Only | No | Actual/360 | 120 | 119 | 120 | 119 | 0 | 0 | 4/27/2022 | 1 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/29/2022 | 1 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 480 | 479 | 4/27/2022 | 1 |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 480 | 478 | 3/31/2022 | 2 |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 118 | 360 | 358 | 3/31/2022 | 2 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | Amortizing Balloon | No | Actual/360 | 0 | 0 | 120 | 119 | 360 | 359 | 4/25/2022 | 1 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | Fully Amortizing | No | Actual/360 | 0 | 0 | 120 | 119 | 120 | 119 | 4/6/2022 | 1 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 9 | 4/9/2022 | NAP | 3/9/2032 | NAP | 0 | 0 | L(24),YM1(3),DorYM1(86),O(7) | 79,972,453 | 27,076,464 | 52,895,989 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 11 | 6/11/2022 | NAP | 5/11/2032 | NAP | 5 | 0 | L(25),D(91),O(4) | 75,104,336 | 52,820,529 | 22,283,807 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 6 | 6/6/2022 | NAP | 5/6/2032 | NAP | 0 | 0 | L(25),D(90),O(5) | 26,934,139 | 8,571,958 | 18,362,181 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 1 | 6/1/2022 | NAP | 5/1/2027 | NAP | 0 | 5 | L(25),D(31),O(4) | 8,593,454 | 1,517,495 | 7,075,958 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 1 | 7/1/2022 | NAP | 6/1/2032 | NAP | 0 | 0 | L(24),D(91),O(5) | 5,407,201 | 824,762 | 4,582,439 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 11 | 4/11/2022 | NAP | 3/11/2032 | NAP | 0 | 0 | L(27),DorYM1(86),O(7) | 12,187,833 | 3,006,945 | 9,180,888 |
7 | Loan | | 1 | 625 North Flagler Drive | 1 | 6/1/2022 | 6/1/2024 | 5/1/2032 | NAP | 0 | 4 | L(25),D(90),O(5) | 4,080,405 | 1,862,472 | 2,217,933 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 6 | 6/6/2022 | NAP | 5/6/2032 | NAP | 0 | 0 | L(25),D(92),O(3) | 13,007,462 | 4,169,411 | 8,838,051 |
9 | Loan | 5, 8, C | 1 | Pacific View | 6 | 6/6/2022 | 6/6/2024 | 5/6/2032 | NAP | 5 | 0 | L(25),DorYM1(90),O(5) | 15,482,915 | 5,206,553 | 10,276,362 |
10 | Loan | 7 | 1 | Midtown Shopping Center | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 0 | 0 | L(25),D(91),O(4) | 3,665,003 | 968,655 | 2,696,348 |
11 | Loan | | 1 | Yuba City Marketplace | 1 | 6/1/2022 | 6/1/2027 | 5/1/2032 | NAP | 5 | 5 | L(25),D(91),O(4) | 2,433,240 | 836,100 | 1,597,140 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 11 | 6/11/2022 | 6/11/2025 | 5/11/2032 | NAP | 5 | 0 | L(25),D(90),O(5) | 2,205,319 | 581,976 | 1,623,342 |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | | 827,456 | 198,862 | 628,595 |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | | 717,423 | 217,988 | 499,435 |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | | 660,440 | 165,127 | 495,313 |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 5 | 4 | L(25),D(90),O(5) | 2,113,679 | 659,570 | 1,454,109 |
14 | Loan | D | 1 | Central Plaza | 1 | 5/1/2022 | 5/1/2023 | 4/1/2032 | NAP | 5 | 5 | L(23),YM1(92),O(5) | 2,371,235 | 559,379 | 1,811,856 |
15 | Loan | E | 1 | Backlick Center | 1 | 7/1/2022 | 3/1/2025 | 6/1/2032 | NAP | 5 | 5 | L(24),YM1(89),O(7) | 2,070,006 | 547,412 | 1,522,594 |
16 | Loan | | 1 | New Bern Marketplace | 11 | 6/11/2022 | NAP | 5/11/2032 | NAP | 0 | 0 | L(25),D(91),O(4) | NAV | NAV | NAV |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 5 | 5 | L(25),D(91),O(4) | NAV | NAV | NAV |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | | NAV | NAV | NAV |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | | NAV | NAV | NAV |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | | NAV | NAV | NAV |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 11 | 6/11/2022 | NAP | 5/11/2032 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,286,552 | 201,732 | 1,084,820 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 1 | 7/1/2022 | NAP | 6/1/2032 | NAP | 5 | 0 | L(24),D(91),O(5) | 2,159,849 | 915,959 | 1,243,890 |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | | 339,535 | 118,145 | 221,390 |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | | 285,184 | 84,542 | 200,642 |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | | 190,044 | 75,764 | 114,280 |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | | 220,745 | 105,254 | 115,491 |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | | 186,111 | 103,705 | 82,406 |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | | 136,064 | 54,622 | 81,441 |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | | 111,439 | 37,381 | 74,059 |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | | 126,044 | 61,515 | 64,529 |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | | 66,053 | 24,935 | 41,119 |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | | 109,434 | 73,009 | 36,425 |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | | 79,827 | 35,253 | 44,573 |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | | 70,146 | 33,928 | 36,218 |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | | 56,137 | 22,680 | 33,457 |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | | 47,438 | 26,221 | 21,217 |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | | 38,979 | 15,583 | 23,397 |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | | | 43,834 | 23,522 | 20,312 |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | | 26,534 | 9,190 | 17,344 |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | | 26,302 | 10,710 | 15,591 |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 5 | 4 | L(25),D(91),O(4) | 1,847,638 | 797,976 | 1,049,662 |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | | 1,076,788 | 496,749 | 580,039 |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | | 770,850 | 301,227 | 469,623 |
21 | Loan | 14 | 1 | Oakmead Village Office | 11 | 6/11/2022 | NAP | 5/11/2027 | NAP | 0 | 0 | L(25),D(28),O(7) | 590,072 | 361,600 | 228,472 |
22 | Loan | | 1 | Orange Self Storage | 11 | 5/11/2022 | 5/11/2026 | 4/11/2032 | NAP | 0 | 0 | L(26),D(90),O(4) | 862,882 | 371,747 | 491,134 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | 1 | 5/1/2022 | NAP | 4/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
24 | Loan | | 1 | 100 Marketplace | 1 | 5/1/2022 | NAP | 4/1/2032 | NAP | 0 | 5 | L(26),D(90),O(4) | 2,003,358 | 643,970 | 1,359,388 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | 1 | 5/1/2022 | 5/1/2022 | 4/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | 11 | 6/11/2022 | 6/11/2023 | 5/11/2032 | NAP | 0 | 0 | L(25),D(91),O(4) | 1,059,669 | 382,716 | 676,953 |
27 | Loan | | 1 | Corner Village at Warren | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 0 | 5 | L(25),D(90),O(5) | 1,342,886 | 410,575 | 932,311 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | 1 | 5/1/2022 | NAP | 4/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 5 | 5 | L(25),D(91),O(4) | 486,012 | 209,327 | 276,685 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | 1 | 5/1/2022 | 5/1/2022 | 4/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 11 | 5/11/2022 | NAP | 4/11/2032 | NAP | 0 | 0 | L(26),D(90),O(4) | 849,608 | 315,431 | 534,178 |
35 | Loan | | 1 | Spring Self Storage | 11 | 6/11/2022 | NAP | 5/11/2032 | NAP | 0 | 0 | L(25),D(91),O(4) | 383,260 | 174,727 | 208,533 |
36 | Loan | | 1 | Don-Mar MHC | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 5 | 4 | L(25),D(91),O(4) | 305,811 | 119,503 | 186,308 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | 1 | 6/1/2022 | NAP | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | 1 | 5/1/2022 | 5/1/2022 | 4/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | 1 | 5/1/2022 | 5/1/2022 | 4/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | 1 | 6/1/2022 | 6/1/2022 | 5/1/2032 | NAP | 10 | 10 | YM1(113),1%(3),O(4) | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 12/31/2021 | T-12 | 77,660,677 | 26,226,920 | 51,433,757 | 12/31/2020 | T-12 | 77,044,515 | 27,395,623 | 49,648,892 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 3/31/2022 | T-12 | 71,752,888 | 50,311,223 | 21,441,665 | 12/31/2021 | T-12 | 39,220,621 | 36,998,218 | 2,222,403 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 12/31/2021 | T-12 | 25,677,751 | 8,516,941 | 17,160,810 | 12/31/2020 | T-12 | 25,370,674 | 8,285,155 | 17,085,519 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 12/31/2021 | T-12 | 6,878,414 | 1,495,168 | 5,383,246 | 12/31/2020 | T-12 | 6,647,195 | 1,467,209 | 5,179,986 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 3/31/2022 | T-12 | 5,308,580 | 800,514 | 4,508,066 | 12/31/2021 | T-12 | 5,051,175 | 681,179 | 4,369,996 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 12/31/2021 | T-12 | 11,599,695 | 3,261,097 | 8,338,599 | 12/31/2020 | T-12 | 10,667,863 | 3,331,023 | 7,336,840 |
7 | Loan | | 1 | 625 North Flagler Drive | 12/31/2021 | T-12 | 3,435,078 | 1,797,977 | 1,637,101 | 12/31/2020 | T-12 | 3,242,282 | 1,829,247 | 1,413,035 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 2/28/2022 | T-12 | 12,515,987 | 4,017,737 | 8,498,250 | 12/31/2021 | T-12 | 10,761,762 | 3,705,640 | 7,056,122 |
9 | Loan | 5, 8, C | 1 | Pacific View | 3/31/2022 | T-12 | 14,649,128 | 4,939,150 | 9,709,978 | 12/31/2021 | T-12 | 12,983,443 | 4,361,028 | 8,622,415 |
10 | Loan | 7 | 1 | Midtown Shopping Center | 12/31/2021 | T-12 | 3,713,638 | 929,194 | 2,784,444 | 12/31/2020 | T-12 | 1,842,311 | 730,542 | 1,111,769 |
11 | Loan | | 1 | Yuba City Marketplace | 2/28/2022 | T-12 | 2,621,652 | 834,710 | 1,786,942 | 12/31/2021 | T-12 | 2,919,799 | 835,963 | 2,083,836 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 2/28/2022 | T-12 | 1,994,660 | 555,753 | 1,438,907 | 12/31/2020 | T-12 | 2,017,527 | 565,359 | 1,452,168 |
12.01 | Property | | 1 | Garrett Crossing | 2/28/2022 | T-12 | 763,378 | 175,704 | 587,674 | 12/31/2020 | T-12 | 742,001 | 187,186 | 554,815 |
12.02 | Property | | 1 | Parkway Pointe | 2/28/2022 | T-12 | 635,185 | 233,696 | 401,489 | 12/31/2020 | T-12 | 614,014 | 226,240 | 387,774 |
12.03 | Property | | 1 | Billings Crossing Plaza | 2/28/2022 | T-12 | 596,097 | 146,353 | 449,744 | 12/31/2020 | T-12 | 661,512 | 151,933 | 509,579 |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 2/28/2022 | T-12 | 2,063,104 | 657,996 | 1,405,108 | 12/31/2021 | T-12 | 1,559,828 | 623,047 | 936,781 |
14 | Loan | D | 1 | Central Plaza | 12/31/2021 | T-12 | 2,013,690 | 585,572 | 1,428,118 | 12/31/2020 | T-12 | 2,171,236 | 605,456 | 1,565,780 |
15 | Loan | E | 1 | Backlick Center | 12/31/2021 | T-12 | 2,036,245 | 520,562 | 1,515,682 | 12/31/2020 | T-12 | 2,028,478 | 496,054 | 1,532,424 |
16 | Loan | | 1 | New Bern Marketplace | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
17.02 | Property | | 1 | 5205 Freitag Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
17.03 | Property | | 1 | 1821 Indianhead Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 2/28/2022 | T-12 | 1,298,700 | 214,812 | 1,083,888 | 9/30/2020 | T-12 | 1,212,690 | 198,780 | 1,013,910 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 1/31/2022 | Various | 1,824,561 | 791,303 | 1,033,258 | 12/31/2021 | T-12 | 1,085,737 | 650,220 | 435,518 |
19.01 | Property | | 1 | 1591 Industrial Road | 1/31/2022 | T-12 | 335,483 | 114,587 | 220,895 | 12/31/2021 | T-12 | 229,510 | 102,282 | 127,229 |
19.02 | Property | | 1 | 1129 East Interstate Plaza | 1/31/2022 | T-4 Annualized | 123,694 | 52,138 | 71,557 | 12/31/2021 | T-12 | 39,363 | 23,694 | 15,668 |
19.03 | Property | | 1 | 1515 East El Rodeo Road | 1/31/2022 | T-12 | 185,066 | 71,083 | 113,983 | 12/31/2021 | T-12 | 155,332 | 83,252 | 72,080 |
19.04 | Property | | 1 | 3582 East Gordon Drive | 1/31/2022 | T-12 | 219,885 | 103,175 | 116,710 | 12/31/2021 | T-12 | 163,678 | 92,630 | 71,048 |
19.05 | Property | | 1 | 4514 Powell Avenue | 1/31/2022 | T-12 | 178,407 | 105,567 | 72,840 | 12/31/2021 | T-12 | 3,533 | 4,336 | (803) |
19.06 | Property | | 1 | 2881 Rhoades Avenue | 1/31/2022 | T-12 | 134,257 | 53,371 | 80,886 | 12/31/2021 | T-12 | 45,684 | 24,500 | 21,185 |
19.07 | Property | | 1 | 12975 South Oatman Highway | 1/31/2022 | T-12 | 107,236 | 35,270 | 71,966 | 12/31/2021 | T-12 | 79,158 | 44,281 | 34,877 |
19.08 | Property | | 1 | 3096 Highway 95 | 1/31/2022 | T-12 | 0 | 0 | 0 | 12/31/2021 | T-12 | 0 | 0 | 0 |
19.09 | Property | | 1 | 423 Marina Boulevard | 1/31/2022 | T-12 | 64,859 | 23,755 | 41,104 | 12/31/2021 | T-12 | 48,882 | 22,234 | 26,649 |
19.10 | Property | | 1 | 3890 Sunshine Drive | 1/31/2022 | T-12 | 106,866 | 69,920 | 36,946 | 12/31/2021 | T-12 | 28,557 | 37,095 | (8,538) |
19.11 | Property | | 1 | 10407 Barrackman Road | 1/31/2022 | T-12 | 76,869 | 32,610 | 44,258 | 12/31/2021 | T-12 | 61,888 | 38,913 | 22,975 |
19.12 | Property | | 1 | 2715 Highway 95 | 1/31/2022 | T-12 | 65,212 | 31,646 | 33,566 | 12/31/2021 | T-12 | 27,855 | 21,059 | 6,796 |
19.13 | Property | | 1 | 2065 South Plaza Drive | 1/31/2022 | T-12 | 89,086 | 39,837 | 49,249 | 12/31/2021 | T-12 | 62,758 | 36,478 | 26,280 |
19.14 | Property | | 1 | 2064 South Plaza Drive | 1/31/2022 | T-12 | 0 | 0 | 0 | 12/31/2021 | T-12 | 24,313 | 30,918 | (6,605) |
19.15 | Property | | 1 | 2937 Easy Street | 1/31/2022 | T-12 | 39,961 | 15,993 | 23,967 | 12/31/2021 | T-12 | 33,296 | 26,605 | 6,691 |
19.16 | Property | | 1 | 1735 South Trane Road | 1/31/2022 | T-12 | 46,108 | 23,131 | 22,976 | 12/31/2021 | T-12 | 40,750 | 24,302 | 16,448 |
19.17 | Property | | 1 | 454 Marina Boulevard | 1/31/2022 | T-12 | 25,579 | 8,818 | 16,761 | 12/31/2021 | T-12 | 20,219 | 10,514 | 9,705 |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | 1/31/2022 | T-12 | 25,994 | 10,401 | 15,592 | 12/31/2021 | T-12 | 20,961 | 27,128 | (6,167) |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 2/28/2022 | T-12 | 1,847,154 | 781,695 | 1,065,459 | 12/31/2021 | T-12 | 1,718,646 | 808,357 | 910,289 |
20.01 | Property | | 1 | A Sentry Mini Storage | 2/28/2022 | T-12 | 1,069,564 | 480,595 | 588,969 | 12/31/2021 | T-12 | 944,794 | 497,530 | 447,264 |
20.02 | Property | | 1 | Top Shelf Storage | 2/28/2022 | T-12 | 777,590 | 301,100 | 476,490 | 12/31/2021 | T-12 | 773,852 | 310,827 | 463,025 |
21 | Loan | 14 | 1 | Oakmead Village Office | 2/28/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV |
22 | Loan | | 1 | Orange Self Storage | 3/31/2022 | T-12 | 445,165 | 333,736 | 111,429 | 12/31/2020 | T-12 | NAV | NAV | NAV |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | | 1 | 100 Marketplace | 12/31/2021 | T-12 | 1,914,219 | 716,727 | 1,197,492 | 12/31/2020 | T-12 | 1,881,750 | 669,775 | 1,211,975 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | 2/28/2022 | T-12 | 984,155 | 338,493 | 645,662 | 12/31/2020 | T-12 | 982,349 | 324,268 | 658,081 |
27 | Loan | | 1 | Corner Village at Warren | 3/31/2022 | T-12 | 1,348,367 | 428,989 | 919,378 | 12/31/2021 | T-12 | 1,228,028 | 403,875 | 824,154 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | 1/31/2022 | T-12 | 474,099 | 217,358 | 256,741 | 12/31/2021 | T-12 | 372,875 | 195,451 | 177,424 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 2/28/2022 | T-12 | 698,493 | 269,372 | 429,121 | 12/31/2020 | T-12 | 745,801 | 298,851 | 446,951 |
35 | Loan | | 1 | Spring Self Storage | 2/28/2022 | T-12 | 379,252 | 173,107 | 206,145 | 12/31/2021 | T-12 | 317,911 | 155,390 | 162,521 |
36 | Loan | | 1 | Don-Mar MHC | 3/31/2022 | T-12 | 295,361 | 122,078 | 173,283 | 12/31/2021 | T-12 | NAV | NAV | NAV |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 12/31/2019 | T-12 | 97.1% | 85,939,687 | 29,664,589 | 56,275,098 | 352,512 | 3,006,585 | 52,916,001 | 4.57 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 12/31/2020 | T-12 | 67.8% | 75,104,831 | 51,506,519 | 23,598,313 | 3,004,193 | 0 | 20,594,119 | 4.20 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 12/31/2019 | T-12 | 95.0% | 29,320,118 | 9,216,627 | 20,103,491 | 78,388 | 693,116 | 19,331,988 | 1.68 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 12/31/2019 | T-12 | 95.0% | 9,858,654 | 1,838,283 | 8,020,370 | 40,563 | 661,170 | 7,318,637 | 1.65 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 12/31/2020 | T-12 | 95.0% | 5,839,077 | 1,358,308 | 4,480,769 | 44,600 | 0 | 4,436,169 | 1.40 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 12/31/2019 | T-12 | 97.1% | 13,216,597 | 3,244,797 | 9,971,800 | 104,806 | 503,841 | 9,727,154 | 1.65 |
7 | Loan | | 1 | 625 North Flagler Drive | 12/31/2019 | T-12 | 87.5% | 5,460,248 | 2,027,774 | 3,432,474 | 35,799 | 163,249 | 3,233,426 | 1.38 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 12/31/2020 | T-12 | 93.9% | 12,494,146 | 4,259,008 | 8,235,138 | 92,483 | 623,464 | 7,519,190 | 2.04 |
9 | Loan | 5, 8, C | 1 | Pacific View | 12/31/2020 | T-12 | 80.8% | 16,622,448 | 5,017,542 | 11,604,906 | 115,552 | 577,762 | 10,911,592 | 2.42 |
10 | Loan | 7 | 1 | Midtown Shopping Center | 12/31/2019 | T-12 | 91.0% | 4,009,269 | 1,097,723 | 2,911,546 | 30,174 | 151,370 | 2,730,002 | 2.58 |
11 | Loan | | 1 | Yuba City Marketplace | 12/31/2020 | T-12 | 95.0% | 2,779,803 | 876,188 | 1,903,615 | 26,819 | 152,805 | 1,723,992 | 1.52 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 12/31/2019 | T-12 | 91.8% | 2,323,460 | 593,970 | 1,729,490 | 31,474 | 81,187 | 1,616,829 | 1.50 |
12.01 | Property | | 1 | Garrett Crossing | 12/31/2019 | T-12 | 95.0% | 821,377 | 176,388 | 644,989 | 15,860 | 24,342 | 604,787 | |
12.02 | Property | | 1 | Parkway Pointe | 12/31/2019 | T-12 | 85.9% | 748,054 | 216,365 | 531,688 | 7,702 | 37,360 | 486,626 | |
12.03 | Property | | 1 | Billings Crossing Plaza | 12/31/2019 | T-12 | 94.8% | 754,029 | 201,216 | 552,813 | 7,912 | 19,485 | 525,417 | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 12/31/2020 | T-12 | 91.6% | 2,161,450 | 599,352 | 1,562,098 | 10,496 | 0 | 1,551,602 | 1.90 |
14 | Loan | D | 1 | Central Plaza | 12/31/2019 | T-12 | 95.0% | 2,402,284 | 541,109 | 1,861,175 | 29,490 | 117,105 | 1,714,581 | 1.90 |
15 | Loan | E | 1 | Backlick Center | 12/31/2019 | T-12 | 79.3% | 1,747,653 | 552,426 | 1,195,228 | 7,240 | 70,962 | 1,117,026 | 1.11 |
16 | Loan | | 1 | New Bern Marketplace | NAV | NAV | 95.0% | 2,077,259 | 572,435 | 1,504,824 | 16,683 | 83,090 | 1,405,051 | 2.02 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAV | NAV | 90.0% | 1,429,688 | 57,188 | 1,372,500 | 25,769 | 71,751 | 1,274,980 | 2.07 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
17.02 | Property | | 1 | 5205 Freitag Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
17.03 | Property | | 1 | 1821 Indianhead Drive | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 12/31/2019 | T-12 | 95.0% | 1,436,685 | 289,666 | 1,147,019 | 16,805 | 42,467 | 1,087,746 | 1.69 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 12/31/2020 | T-12 | 87.0% | 2,155,222 | 901,388 | 1,253,834 | 62,377 | 0 | 1,191,458 | 2.46 |
19.01 | Property | | 1 | 1591 Industrial Road | 12/31/2020 | T-12 | 80.2% | 339,535 | 126,551 | 212,984 | 4,792 | 0 | 208,192 | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | 12/31/2020 | T-12 | 82.8% | 285,184 | 78,269 | 206,915 | 4,083 | 0 | 202,832 | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | 12/31/2020 | T-12 | 89.1% | 190,044 | 74,824 | 115,220 | 2,500 | 0 | 112,720 | |
19.04 | Property | | 1 | 3582 East Gordon Drive | 12/31/2020 | T-12 | 85.8% | 220,745 | 101,049 | 119,695 | 8,642 | 0 | 111,053 | |
19.05 | Property | | 1 | 4514 Powell Avenue | 12/31/2020 | T-12 | 90.5% | 186,111 | 103,581 | 82,530 | 2,275 | 0 | 80,255 | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | 12/31/2020 | T-12 | 93.1% | 136,064 | 53,349 | 82,715 | 5,888 | 0 | 76,827 | |
19.07 | Property | | 1 | 12975 South Oatman Highway | 12/31/2020 | T-12 | 91.8% | 111,439 | 37,587 | 73,852 | 5,354 | 0 | 68,498 | |
19.08 | Property | | 1 | 3096 Highway 95 | 12/31/2020 | T-12 | 89.4% | 126,044 | 60,305 | 65,739 | 5,192 | 0 | 60,547 | |
19.09 | Property | | 1 | 423 Marina Boulevard | 12/31/2020 | T-12 | 93.2% | 66,053 | 23,680 | 42,374 | 2,619 | 0 | 39,755 | |
19.10 | Property | | 1 | 3890 Sunshine Drive | 12/31/2020 | T-12 | 93.2% | 109,434 | 69,817 | 39,617 | 2,167 | 0 | 37,450 | |
19.11 | Property | | 1 | 10407 Barrackman Road | 12/31/2020 | T-12 | 95.0% | 76,166 | 35,497 | 40,669 | 3,638 | 0 | 37,031 | |
19.12 | Property | | 1 | 2715 Highway 95 | 12/31/2020 | T-12 | 86.7% | 70,146 | 34,010 | 36,136 | 3,513 | 0 | 32,623 | |
19.13 | Property | | 1 | 2065 South Plaza Drive | 12/31/2020 | T-12 | 90.5% | 56,137 | 23,940 | 32,197 | 1,251 | 0 | 30,946 | |
19.14 | Property | | 1 | 2064 South Plaza Drive | 12/31/2020 | T-12 | 75.0% | 47,438 | 21,783 | 25,655 | 4,051 | 0 | 21,604 | |
19.15 | Property | | 1 | 2937 Easy Street | 12/31/2020 | T-12 | 90.5% | 38,979 | 15,713 | 23,266 | 1,781 | 0 | 21,486 | |
19.16 | Property | | 1 | 1735 South Trane Road | 12/31/2020 | T-12 | 82.0% | 43,834 | 22,474 | 21,360 | 2,197 | 0 | 19,163 | |
19.17 | Property | | 1 | 454 Marina Boulevard | 12/31/2020 | T-12 | 95.9% | 26,534 | 8,818 | 17,716 | 1,013 | 0 | 16,703 | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | 12/31/2020 | T-12 | 95.0% | 25,336 | 10,141 | 15,195 | 1,421 | 0 | 13,774 | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 12/31/2020 | T-12 | 88.3% | 1,851,877 | 635,149 | 1,216,728 | 15,373 | 0 | 1,201,355 | 2.72 |
20.01 | Property | | 1 | A Sentry Mini Storage | 12/31/2020 | T-12 | 85.1% | 1,068,594 | 360,183 | 708,411 | 9,756 | 0 | 698,655 | |
20.02 | Property | | 1 | Top Shelf Storage | 12/31/2020 | T-12 | 93.0% | 783,283 | 274,966 | 508,317 | 5,617 | 0 | 502,700 | |
21 | Loan | 14 | 1 | Oakmead Village Office | NAV | NAV | 80.7% | 1,125,067 | 437,971 | 687,096 | 3,611 | -930 | 684,416 | 1.65 |
22 | Loan | | 1 | Orange Self Storage | NAV | NAV | 95.0% | 988,694 | 355,929 | 632,765 | 8,930 | 0 | 623,835 | 1.54 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | 93.0% | 6,081,084 | 2,802,207 | 3,278,877 | 72,600 | 0 | 3,206,277 | 12.47 |
24 | Loan | | 1 | 100 Marketplace | 12/31/2019 | T-12 | 92.8% | 1,995,202 | 710,263 | 1,284,939 | 9,581 | 84,481 | 1,190,877 | 5.54 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | 98.0% | 3,094,048 | 1,229,872 | 1,864,176 | 36,900 | 0 | 1,827,276 | 6.57 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) |
26 | Loan | | 1 | Big Oaks Mini Storage | 12/31/2019 | T-12 | 95.0% | 1,066,129 | 360,619 | 705,510 | 8,435 | 0 | 697,075 | 2.01 |
27 | Loan | | 1 | Corner Village at Warren | 12/31/2020 | T-12 | 88.5% | 1,269,948 | 427,129 | 842,819 | 8,362 | 63,580 | 770,878 | 2.69 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | 93.0% | 1,490,850 | 759,304 | 731,546 | 17,150 | 0 | 714,396 | 2.80 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | 97.0% | 3,025,312 | 1,423,780 | 1,601,532 | 34,750 | 0 | 1,566,782 | 7.00 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | 98.0% | 1,766,505 | 758,530 | 1,007,975 | 18,000 | 0 | 989,975 | 7.15 |
31 | Loan | | 1 | Mercury Self-Storage | 12/31/2020 | T-12 | 91.0% | 489,012 | 163,588 | 325,424 | 6,810 | 0 | 318,614 | 1.48 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | 95.0% | 1,330,764 | 637,380 | 693,384 | 15,000 | 0 | 678,384 | 3.59 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | 95.1% | 3,984,400 | 2,024,013 | 1,960,387 | 20,000 | 0 | 1,940,387 | 10.99 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 12/31/2019 | T-12 | 90.3% | 900,280 | 306,392 | 593,888 | 6,248 | 0 | 587,641 | 4.44 |
35 | Loan | | 1 | Spring Self Storage | 12/31/2020 | T-12 | 74.4% | 386,670 | 174,794 | 211,876 | 11,000 | 0 | 200,876 | 1.69 |
36 | Loan | | 1 | Don-Mar MHC | NAV | NAV | 92.7% | 300,000 | 100,139 | 199,861 | 3,550 | 0 | 196,311 | 1.77 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | 95.0% | 1,828,537 | 781,037 | 1,047,500 | 10,000 | 0 | 1,037,500 | 10.12 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | 94.0% | 1,418,939 | 616,631 | 802,308 | 19,500 | 0 | 782,808 | 10.31 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | 94.0% | 1,708,793 | 640,394 | 1,068,399 | 23,100 | 0 | 1,045,299 | 10.28 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | 93.0% | 2,702,328 | 1,762,639 | 939,689 | 28,200 | 0 | 911,489 | 9.91 |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | 97.0% | 1,526,227 | 590,162 | 936,065 | 16,800 | 0 | 919,265 | 10.06 |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | 95.0% | 1,493,020 | 593,863 | 899,157 | 9,000 | 0 | 890,157 | 10.73 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | 93.0% | 992,153 | 415,913 | 576,240 | 10,500 | 0 | 565,740 | 8.79 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | 97.0% | 996,093 | 451,212 | 544,881 | 6,500 | 0 | 538,381 | 4.54 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) (2) | Occupancy Date | Single Tenant (Y/N) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 4.30 | 14.1% | 13.3% | 914,000,000 | As Is | 12/29/2021 | 43.5% | 43.5% | 100.0% | 12/1/2021 | No |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 3.66 | 19.7% | 17.2% | 331,000,000 | As if renovated/stabilized | 3/8/2022 | 36.3% | 36.3% | 67.8% | 3/31/2022 | NAP |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 1.61 | 8.4% | 8.1% | 395,000,000 | As Is | 2/24/2022 | 60.8% | 60.8% | 100.0% | 2/15/2022 | No |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 1.51 | 9.4% | 8.6% | 148,000,000 | As Is | 2/22/2022 | 57.4% | 57.4% | 100.0% | 6/1/2022 | Yes |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 1.39 | 8.3% | 8.2% | 93,130,000 | As Is | 3/2/2022 | 58.0% | 58.0% | 100.0% | 5/1/2022 | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 1.61 | 7.7% | 7.5% | 200,000,000 | As Portfolio | 1/14/2022 | 65.2% | 65.2% | 97.8% | 1/12/2022 | No |
7 | Loan | | 1 | 625 North Flagler Drive | 1.30 | 8.8% | 8.3% | 60,000,000 | As Is | 3/9/2022 | 65.0% | 56.3% | 97.9% | 3/8/2022 | No |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 1.86 | 9.8% | 9.0% | 125,000,000 | As Is | 3/11/2022 | 67.2% | 67.2% | 95.5% | 3/1/2022 | No |
9 | Loan | 5, 8, C | 1 | Pacific View | 2.28 | 16.1% | 15.2% | 168,700,000 | As Is | 3/21/2022 | 42.7% | 37.3% | 87.6% | 4/12/2022 | No |
10 | Loan | 7 | 1 | Midtown Shopping Center | 2.42 | 11.6% | 10.9% | 39,500,000 | As Is | 2/24/2022 | 63.3% | 63.3% | 88.8% | 3/1/2022 | No |
11 | Loan | | 1 | Yuba City Marketplace | 1.37 | 9.5% | 8.6% | 31,500,000 | As Is | 3/11/2022 | 63.5% | 58.5% | 97.4% | 4/1/2022 | No |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 1.40 | 9.9% | 9.2% | 23,550,000 | As Is | Various | 74.3% | 66.2% | 92.6% | 4/1/2022 | |
12.01 | Property | | 1 | Garrett Crossing | | | | 8,900,000 | As Is | 3/4/2022 | | | 96.0% | 4/1/2022 | No |
12.02 | Property | | 1 | Parkway Pointe | | | | 7,950,000 | As Is | 3/4/2022 | | | 86.2% | 4/1/2022 | No |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | 6,700,000 | As Is | 3/10/2022 | | | 94.8% | 4/1/2022 | No |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 1.89 | 9.3% | 9.3% | 32,000,000 | As Is | 2/17/2022 | 52.3% | 52.3% | 89.8% | 1/31/2022 | NAP |
14 | Loan | D | 1 | Central Plaza | 1.75 | 11.6% | 10.6% | 23,500,000 | As Is | 2/28/2022 | 68.5% | 57.1% | 97.7% | 3/4/2022 | No |
15 | Loan | E | 1 | Backlick Center | 1.04 | 7.5% | 7.0% | 25,200,000 | As Is | 2/10/2022 | 63.5% | 56.3% | 80.3% | 3/3/2022 | No |
16 | Loan | | 1 | New Bern Marketplace | 1.88 | 10.2% | 9.5% | 22,790,000 | As Is | 3/14/2022 | 64.6% | 64.6% | 100.0% | 2/7/2022 | No |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | 1.92 | 10.2% | 9.4% | 27,700,000 | As Portfolio | 2/25/2022 | 48.7% | 48.7% | 100.0% | 6/1/2022 | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | 13,570,000 | As Is | 2/25/2022 | | | 100.0% | 6/1/2022 | Yes |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | 8,630,000 | As Is | 2/25/2022 | | | 100.0% | 6/1/2022 | Yes |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | 5,250,000 | As Is | 2/25/2022 | | | 100.0% | 6/1/2022 | Yes |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 1.61 | 8.8% | 8.4% | 31,300,000 | As Is | 3/11/2022 | 41.5% | 41.5% | 98.7% | 3/17/2022 | No |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 2.33 | 12.2% | 11.6% | 23,470,000 | As Is | Various | 43.7% | 43.7% | 97.7% | 2/16/2022 | |
19.01 | Property | | 1 | 1591 Industrial Road | | | | 3,870,000 | As Is | 2/18/2022 | | | 95.5% | 2/16/2022 | NAP |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | 3,840,000 | As Is | 2/18/2022 | | | 92.3% | 2/16/2022 | NAP |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | 1,730,000 | As Is | 2/16/2022 | | | 99.7% | 2/16/2022 | NAP |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | 2,630,000 | As Is | 2/17/2022 | | | 100.0% | 2/16/2022 | NAP |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | 2,150,000 | As Is | 2/17/2022 | | | 100.0% | 2/16/2022 | NAP |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | 1,530,000 | As Is | 2/17/2022 | | | 100.0% | 2/16/2022 | NAP |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | 960,000 | As Is | 2/16/2022 | | | 100.0% | 2/16/2022 | NAP |
19.08 | Property | | 1 | 3096 Highway 95 | | | | 1,310,000 | As Is | 2/18/2022 | | | 93.6% | 2/16/2022 | NAP |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | 770,000 | As Is | 2/18/2022 | | | 100.0% | 2/16/2022 | NAP |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | 1,190,000 | As Is | 2/17/2022 | | | 100.0% | 2/16/2022 | NAP |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | 610,000 | As Is | 2/16/2022 | | | 100.0% | 2/16/2022 | NAP |
19.12 | Property | | 1 | 2715 Highway 95 | | | | 730,000 | As Is | 2/18/2022 | | | 95.7% | 2/16/2022 | NAP |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | 480,000 | As Is | 2/18/2022 | | | 92.8% | 2/16/2022 | NAP |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | 370,000 | As Is | 2/18/2022 | | | 100.0% | 2/16/2022 | NAP |
19.15 | Property | | 1 | 2937 Easy Street | | | | 320,000 | As Is | 2/18/2022 | | | 97.8% | 2/16/2022 | NAP |
19.16 | Property | | 1 | 1735 South Trane Road | | | | 500,000 | As Is | 2/18/2022 | | | 100.0% | 2/16/2022 | NAP |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | 260,000 | As Is | 2/18/2022 | | | 100.0% | 2/16/2022 | NAP |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | 220,000 | As Is | 2/16/2022 | | | 100.0% | 2/16/2022 | NAP |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 2.69 | 12.3% | 12.1% | 16,240,000 | As Portfolio | 2/14/2022 | 61.0% | 61.0% | 91.4% | 2/28/2022 | |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | 8,670,000 | As Is | 2/14/2022 | | | 87.9% | 2/28/2022 | NAP |
20.02 | Property | | 1 | Top Shelf Storage | | | | 6,960,000 | As Is | 2/14/2022 | | | 99.9% | 2/28/2022 | NAP |
21 | Loan | 14 | 1 | Oakmead Village Office | 1.65 | 9.8% | 9.8% | 12,680,000 | Hypothetical As Is | 3/4/2022 | 55.2% | 55.2% | 79.8% | 4/1/2022 | No |
22 | Loan | | 1 | Orange Self Storage | 1.52 | 9.4% | 9.2% | 10,000,000 | As Is | 1/21/2022 | 67.5% | 60.6% | 94.8% | 3/21/2022 | No |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | 12.19 | 50.4% | 49.3% | 71,980,000 | As Is | 1/31/2022 | 9.0% | 9.0% | 93.0% | 1/31/2022 | No |
24 | Loan | | 1 | 100 Marketplace | 5.13 | 21.1% | 19.5% | 19,600,000 | As Is | 2/11/2022 | 31.1% | 31.1% | 96.1% | 1/1/2022 | No |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | 6.44 | 30.6% | 30.0% | 33,900,000 | As Is | 2/8/2022 | 18.0% | 15.7% | 98.0% | 2/8/2022 | No |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) (2) | Occupancy Date | Single Tenant (Y/N) |
26 | Loan | | 1 | Big Oaks Mini Storage | 1.99 | 12.8% | 12.7% | 13,900,000 | As Is | 3/21/2022 | 39.6% | 33.4% | 98.6% | 3/21/2022 | No |
27 | Loan | | 1 | Corner Village at Warren | 2.46 | 15.3% | 14.0% | 13,000,000 | As Is | 3/10/2022 | 42.3% | 33.6% | 95.3% | 3/31/2022 | No |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | 2.73 | 14.3% | 13.9% | 22,325,000 | As Is | 2/28/2022 | 22.9% | 20.4% | 93.0% | 2/28/2022 | No |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | 6.85 | 32.0% | 31.3% | 23,400,000 | As Is | 3/24/2022 | 21.4% | 21.4% | 97.0% | 3/24/2022 | No |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | 7.02 | 26.5% | 26.1% | 21,100,000 | As Is | 2/7/2022 | 18.0% | 18.0% | 98.0% | 2/7/2022 | No |
31 | Loan | | 1 | Mercury Self-Storage | 1.45 | 8.6% | 8.4% | 6,650,000 | As Is | 3/21/2022 | 57.1% | 57.1% | 99.6% | 3/16/2022 | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | 3.51 | 19.9% | 19.4% | 16,000,000 | As Is | 2/10/2022 | 21.8% | 17.2% | 95.0% | 2/10/2022 | No |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | 10.88 | 61.3% | 60.7% | 61,150,000 | As Is | 2/15/2022 | 5.2% | 4.7% | 95.1% | 2/15/2022 | No |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 4.39 | 19.8% | 19.6% | 10,800,000 | As Is | 1/15/2022 | 27.8% | 27.8% | 92.0% | 2/28/2022 | NAP |
35 | Loan | | 1 | Spring Self Storage | 1.60 | 9.4% | 8.9% | 3,800,000 | As Is | 3/11/2022 | 59.2% | 59.2% | 77.8% | 3/7/2022 | NAP |
36 | Loan | | 1 | Don-Mar MHC | 1.74 | 9.4% | 9.2% | 3,450,000 | As Is | 1/21/2022 | 61.9% | 61.9% | 95.8% | 4/6/2022 | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | 10.03 | 52.4% | 51.9% | 38,260,000 | As Is | 2/24/2022 | 5.2% | 4.6% | 95.0% | 2/24/2022 | No |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | 10.06 | 42.2% | 41.2% | 26,640,000 | As Is | 2/23/2022 | 7.1% | 7.1% | 94.0% | 2/23/2022 | No |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | 10.05 | 56.3% | 55.0% | 20,510,000 | As Is | 2/3/2022 | 9.3% | 8.3% | 94.0% | 2/3/2022 | No |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | 9.61 | 49.5% | 48.0% | 36,900,000 | As Is | 12/21/2021 | 5.1% | 4.5% | 93.0% | 12/21/2021 | No |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | 9.88 | 53.7% | 52.8% | 8,100,000 | As Is | 2/18/2022 | 21.5% | 19.3% | 97.0% | 2/18/2022 | No |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | 10.63 | 60.1% | 59.5% | 31,700,000 | As Is | 2/2/2022 | 4.7% | 3.7% | 95.0% | 2/2/2022 | No |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | 8.63 | 52.5% | 51.5% | 22,600,000 | As Is | 2/21/2022 | 4.9% | 3.9% | 93.0% | 2/21/2022 | No |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | 4.49 | 54.9% | 54.2% | 18,500,000 | As Is | 2/18/2022 | 5.4% | 0.1% | 97.0% | 2/18/2022 | No |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date (4) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date (4) |
1 | Loan | 5, 9, A | 1 | Constitution Center | OCC | 471,499 | 33.4% | 10/31/2038 | FHFA | 377,092 | 26.7% | 1/31/2027 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 5 | 1 | 79 Fifth Avenue | The New School | 212,800 | 61.5% | 6/30/2030 | CapGemini America, Inc. | 64,500 | 18.7% | 21,500 SF expiring 1/31/2027; 43,000 SF expiring 9/30/2027 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | Kite Pharma, Inc. | 202,813 | 100.0% | 9/1/2029 | NAP | NAP | NAP | NAP |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Walter Lee Culp Associates, Inc. | 30,650 | 5.8% | 10/31/2028 | Perennials and Sutherland | 29,937 | 5.7% | 5/31/2023 |
7 | Loan | | 1 | 625 North Flagler Drive | GSA - IRS | 19,902 | 18.3% | 1/31/2030 | F1 Bioventures | 16,011 | 14.8% | 5/31/2032 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Best Buy Stores, L.P. #1008 | 30,038 | 8.1% | 1/31/2027 | Nordstrom Rack | 27,804 | 7.5% | 10/25/2027 |
9 | Loan | 5, 8, C | 1 | Pacific View | Macy’s | 179,984 | 31.2% | 1/31/2038 | 24 Hour Fitness | 39,704 | 6.9% | 4/30/2034 |
10 | Loan | 7 | 1 | Midtown Shopping Center | Carrs Albertsons/Safeway Seattle division | 62,697 | 41.6% | 3/31/2039 | Nordstorm, Inc. | 34,741 | 23.0% | 9/30/2025 |
11 | Loan | | 1 | Yuba City Marketplace | Marshalls | 30,000 | 21.0% | 1/31/2027 | Sportsman’s Warehouse | 23,000 | 16.1% | 3/31/2032 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | | | | | | | | |
12.01 | Property | | 1 | Garrett Crossing | Dollar Tree | 8,480 | 18.7% | 4/30/2024 | Rent-A-Center | 4,010 | 8.8% | 6/30/2023 |
12.02 | Property | | 1 | Parkway Pointe | Shoe Carnival | 10,186 | 26.4% | 1/31/2028 | Affordable Dentures & Implants | 5,073 | 13.2% | 9/30/2026 |
12.03 | Property | | 1 | Billings Crossing Plaza | Dollar Tree | 10,200 | 25.8% | 5/31/2025 | TitleMax | 4,200 | 10.6% | 9/30/2022 |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | D | 1 | Central Plaza | Old Navy | 44,497 | 28.7% | 1/1/2027 | Ross Dress for Less | 29,702 | 19.1% | 1/31/2030 |
15 | Loan | E | 1 | Backlick Center | The Regional Veterinary Referral Center | 9,646 | 20.0% | 11/30/2028 | Advance Auto Parts | 6,200 | 12.8% | 2/28/2029 |
16 | Loan | | 1 | New Bern Marketplace | Academy Sports + Outdoor | 62,924 | 37.7% | 9/30/2033 | Hobby Lobby | 55,000 | 33.0% | 3/31/2033 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | | | | | | | | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | AmeriLux International, LLC | 119,080 | 100.0% | 3/31/2042 | NAP | NAP | NAP | NAP |
17.02 | Property | | 1 | 5205 Freitag Drive | AmeriLux International, LLC | 86,346 | 100.0% | 3/31/2042 | NAP | NAP | NAP | NAP |
17.03 | Property | | 1 | 1821 Indianhead Drive | AmeriLux International, LLC | 52,266 | 100.0% | 3/31/2042 | NAP | NAP | NAP | NAP |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | California Patio & Spa | 20,456 | 25.6% | 2/28/2027 | Baseball Performance Academy, Inc | 10,717 | 13.4% | 4/30/2024 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | | | | | | | | |
19.01 | Property | | 1 | 1591 Industrial Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.02 | Property | | 1 | 1129 East Interstate Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.03 | Property | | 1 | 1515 East El Rodeo Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.04 | Property | | 1 | 3582 East Gordon Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.05 | Property | | 1 | 4514 Powell Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.06 | Property | | 1 | 2881 Rhoades Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.07 | Property | | 1 | 12975 South Oatman Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.08 | Property | | 1 | 3096 Highway 95 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.09 | Property | | 1 | 423 Marina Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.10 | Property | | 1 | 3890 Sunshine Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.11 | Property | | 1 | 10407 Barrackman Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.12 | Property | | 1 | 2715 Highway 95 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.13 | Property | | 1 | 2065 South Plaza Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.14 | Property | | 1 | 2064 South Plaza Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.15 | Property | | 1 | 2937 Easy Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.16 | Property | | 1 | 1735 South Trane Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.17 | Property | | 1 | 454 Marina Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | | | | | | | | |
20.01 | Property | | 1 | A Sentry Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.02 | Property | | 1 | Top Shelf Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 14 | 1 | Oakmead Village Office | Qualcomm Inc. | 13,143 | 54.6% | 2/1/2027 | ConductiveBio Inc. | 6,070 | 25.2% | 8/31/2023 |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | | 1 | 100 Marketplace | World Media Group | 7,250 | 13.0% | 2/28/2023 | Victory Healthcare Communications | 4,981 | 8.9% | 1/31/2025 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date (4) | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date (4) |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | Corner Village at Warren | JPMorgan Chase Bank, National Assoc. | 5,000 | 14.9% | 1/31/2024 | Paragon Hospitality Group. LLC | 4,900 | 14.7% | 1/31/2032 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date (4) | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date (4) |
1 | Loan | 5, 9, A | 1 | Constitution Center | GSA | 375,260 | 26.6% | 2/29/2024 | ASPR | 186,198 | 13.2% | 10/31/2037 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Hulu LLC | 40,106 | 11.6% | 5/31/2025 | Citibank, N.A. | 14,872 | 4.3% | 4/30/2028 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Interior Design | 24,651 | 4.7% | 6/30/2026 | E.C. Dicken | 23,083 | 4.4% | 5/31/2025 |
7 | Loan | | 1 | 625 North Flagler Drive | Becker & Poliakoff | 13,080 | 12.1% | 10/31/2026 | Mount Sinai | 7,925 | 7.3% | 8/31/2032 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | HomeGoods, Inc. #389 (TJX) | 25,376 | 6.9% | 9/30/2027 | Michaels | 22,170 | 6.0% | 2/29/2024 |
9 | Loan | 5, 8, C | 1 | Pacific View | Ross Dress for Less | 21,100 | 3.7% | 1/31/2031 | Rainbow | 17,354 | 3.0% | 12/31/2027 |
10 | Loan | 7 | 1 | Midtown Shopping Center | Guitar Center Stores | 16,791 | 11.1% | 8/31/2029 | Planet Fitness | 14,834 | 9.8% | 2/28/2029 |
11 | Loan | | 1 | Yuba City Marketplace | Michaels | 21,300 | 14.9% | 3/31/2026 | ULTA | 19,000 | 13.3% | 8/31/2027 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | | | | | | | | |
12.01 | Property | | 1 | Garrett Crossing | Cato | 4,000 | 8.8% | 1/31/2023 | T-Mobile | 2,780 | 6.1% | 7/31/2024 |
12.02 | Property | | 1 | Parkway Pointe | Comcast | 4,275 | 11.1% | 12/31/2024 | Chiro One | 3,850 | 10.0% | 4/30/2030 |
12.03 | Property | | 1 | Billings Crossing Plaza | CATO | 4,000 | 10.1% | 1/31/2024 | Columbus Tobacco & Vapor | 3,050 | 7.7% | 9/30/2026 |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | D | 1 | Central Plaza | Crunch Fitness | 26,943 | 17.4% | 7/31/2028 | Shoe Carnival | 15,000 | 9.7% | 5/31/2027 |
15 | Loan | E | 1 | Backlick Center | Outback Steakhouse | 6,000 | 12.4% | 3/31/2024 | Chick-Fil-A | 4,200 | 8.7% | 4/30/2027 |
16 | Loan | | 1 | New Bern Marketplace | Ross Dress for Less | 22,000 | 13.2% | 1/31/2029 | Ulta | 9,988 | 6.0% | 5/31/2028 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | | | | | | | | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.02 | Property | | 1 | 5205 Freitag Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.03 | Property | | 1 | 1821 Indianhead Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Bapptre Landscaping | 10,297 | 12.9% | 12/31/2022 | Zuri Pet Spa | 9,806 | 12.3% | 11/30/2024 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | | | | | | | | |
19.01 | Property | | 1 | 1591 Industrial Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.02 | Property | | 1 | 1129 East Interstate Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.03 | Property | | 1 | 1515 East El Rodeo Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.04 | Property | | 1 | 3582 East Gordon Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.05 | Property | | 1 | 4514 Powell Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.06 | Property | | 1 | 2881 Rhoades Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.07 | Property | | 1 | 12975 South Oatman Highway | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.08 | Property | | 1 | 3096 Highway 95 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.09 | Property | | 1 | 423 Marina Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.10 | Property | | 1 | 3890 Sunshine Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.11 | Property | | 1 | 10407 Barrackman Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.12 | Property | | 1 | 2715 Highway 95 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.13 | Property | | 1 | 2065 South Plaza Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.14 | Property | | 1 | 2064 South Plaza Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.15 | Property | | 1 | 2937 Easy Street | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.16 | Property | | 1 | 1735 South Trane Road | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.17 | Property | | 1 | 454 Marina Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | | | | | | | | |
20.01 | Property | | 1 | A Sentry Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.02 | Property | | 1 | Top Shelf Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | | 1 | 100 Marketplace | Green’s Natural Foods | 4,758 | 8.5% | 11/30/2023 | Panera Bread Cafe | 4,647 | 8.3% | 1/31/2023 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date (4) | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date (4) |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | Corner Village at Warren | ERNA Enterprises, LLC | 3,269 | 9.8% | 12/31/2026 | Aikou Restaurant III | 3,069 | 9.2% | 4/30/2031 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date (4) | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone |
1 | Loan | 5, 9, A | 1 | Constitution Center | NAP | NAP | NAP | NAP | 1/19/2022 | NAP | 1/18/2022 | NAP | NAP | No |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | NAP | NAP | NAP | NAP | 3/8/2022 | NAP | 3/8/2022 | NAP | NAP | No |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Coach Inc | 7,073 | 2.0% | 1/31/2024 | 3/1/2022 | NAP | 3/4/2022 | NAP | NAP | No |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NAP | NAP | NAP | NAP | 3/4/2022 | NAP | 3/4/2022 | 3/4/2022 | 10% | No |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | NAP | NAP | 3/17/2022 | NAP | 3/17/2022 | 3/17/2022 | 15% | No |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | George Cameron Nash, Inc. (GCN Inc) | 21,305 | 4.1% | 1/31/2026 | Various | NAP | Various | NAP | NAP | No |
7 | Loan | | 1 | 625 North Flagler Drive | Electriq Power | 7,753 | 7.1% | 4/30/2027 | 3/14/2022 | NAP | 3/18/2022 | NAP | NAP | No |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Petsmart, Inc #1419 | 20,112 | 5.4% | 8/31/2026 | 1/24/2022 | NAP | 1/26/2022 | 3/18/2022 | 8% | No |
9 | Loan | 5, 8, C | 1 | Pacific View | Old Navy | 17,002 | 2.9% | 3/31/2023 | 4/6/2022 | NAP | 4/6/2022 | 4/6/2022 | 15% | No |
10 | Loan | 7 | 1 | Midtown Shopping Center | VIP Nails & Spa LLC | 2,340 | 1.6% | 4/30/2031 | 3/10/2022 | NAP | 2/25/2022 | 2/25/2022 | 14% | No |
11 | Loan | | 1 | Yuba City Marketplace | Petco | 14,400 | 10.1% | 1/31/2026 | 3/28/2022 | NAP | 3/25/2022 | 3/25/2022 | 7% | No |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | | | | | | | | | | |
12.01 | Property | | 1 | Garrett Crossing | Ciao Pizza | 2,400 | 5.3% | 3/31/2027 | 3/8/2022 | NAP | 3/8/2022 | NAP | NAP | No |
12.02 | Property | | 1 | Parkway Pointe | T-Mobile | 2,560 | 6.6% | 5/31/2024 | 3/8/2022 | NAP | 3/8/2022 | NAP | NAP | No |
12.03 | Property | | 1 | Billings Crossing Plaza | Classy Nails | 2,900 | 7.3% | 2/28/2024 | 3/9/2022 | NAP | 3/7/2022 | NAP | NAP | No |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | NAP | NAP | 2/22/2022 | NAP | 2/22/2022 | NAP | NAP | No |
14 | Loan | D | 1 | Central Plaza | Logan’s Roadhouse | 7,674 | 4.9% | 11/30/2024 | 2/25/2022 | NAP | 2/25/2022 | NAP | NAP | No |
15 | Loan | E | 1 | Backlick Center | Dental Care of Springfield | 3,076 | 6.4% | 1/31/2023 | 1/5/2022 | NAP | 1/7/2022 | NAP | NAP | No |
16 | Loan | | 1 | New Bern Marketplace | West Marine | 8,718 | 5.2% | 3/31/2028 | 3/22/2022 | NAP | 3/21/2022 | NAP | NAP | Yes - AE |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | | | | | | | | | | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | NAP | NAP | NAP | NAP | 2/28/2022 | NAP | 2/28/2022 | NAP | NAP | No |
17.02 | Property | | 1 | 5205 Freitag Drive | NAP | NAP | NAP | NAP | 2/28/2022 | NAP | 2/28/2022 | NAP | NAP | No |
17.03 | Property | | 1 | 1821 Indianhead Drive | NAP | NAP | NAP | NAP | 2/28/2022 | NAP | 2/28/2022 | NAP | NAP | No |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Diamond Fire Glass | 9,288 | 11.6% | 3/31/2023 | 3/17/2022 | NAP | 3/16/2022 | 3/16/2022 | 9% | No |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | | | | | | | | | | |
19.01 | Property | | 1 | 1591 Industrial Road | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | Yes - AO |
19.02 | Property | | 1 | 1129 East Interstate Plaza | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.03 | Property | | 1 | 1515 East El Rodeo Road | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.04 | Property | | 1 | 3582 East Gordon Drive | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.05 | Property | | 1 | 4514 Powell Avenue | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.06 | Property | | 1 | 2881 Rhoades Avenue | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.07 | Property | | 1 | 12975 South Oatman Highway | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.08 | Property | | 1 | 3096 Highway 95 | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.09 | Property | | 1 | 423 Marina Boulevard | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.10 | Property | | 1 | 3890 Sunshine Drive | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.11 | Property | | 1 | 10407 Barrackman Road | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.12 | Property | | 1 | 2715 Highway 95 | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.13 | Property | | 1 | 2065 South Plaza Drive | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.14 | Property | | 1 | 2064 South Plaza Drive | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.15 | Property | | 1 | 2937 Easy Street | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | Yes |
19.16 | Property | | 1 | 1735 South Trane Road | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.17 | Property | | 1 | 454 Marina Boulevard | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | NAP | NAP | NAP | NAP | 3/2/2022 | NAP | 3/2/2022 | NAP | NAP | No |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | | | | | | | | | | |
20.01 | Property | | 1 | A Sentry Mini Storage | NAP | NAP | NAP | NAP | 1/20/2022 | NAP | 1/19/2022 | 3/4/2022 | 11% | No |
20.02 | Property | | 1 | Top Shelf Storage | NAP | NAP | NAP | NAP | 2/1/2022 | NAP | 2/2/2022 | 3/2/2022 | 5% | No |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | NAP | NAP | NAP | 3/21/2022 | NAP | 3/21/2022 | 3/21/2022 | 16% | No |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | NAP | NAP | Various | NAP | 2/9/2022 | NAP | NAP | No |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | NAP | NAP | 2/14/2022 | NAP | 2/14/2022 | NAP | NAP | No |
24 | Loan | | 1 | 100 Marketplace | Riverwalk Physical Therapy Group | 4,412 | 7.9% | 2/28/2027 | 2/24/2022 | NAP | 2/24/2022 | NAP | NAP | No |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | NAP | NAP | 2/8/2022 | NAP | 2/11/2022 | NAP | NAP | No |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date (4) | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | NAP | NAP | 3/17/2022 | NAP | 3/17/2022 | 3/18/2022 | 5% | No |
27 | Loan | | 1 | Corner Village at Warren | Trinity Rehab, L.L.C. | 2,953 | 8.8% | 4/30/2030 | 3/23/2022 | NAP | 3/21/2022 | NAP | NAP | No |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | 3/7/2022 | NAP | 3/4/2022 | NAP | NAP | No |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | NAP | NAP | 3/23/2022 | NAP | 3/28/2022 | NAP | NAP | No |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | NAP | NAP | 2/9/2022 | NAP | 2/10/2022 | NAP | NAP | No |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | NAP | NAP | 4/1/2022 | NAP | 4/1/2022 | NAP | NAP | No |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | NAP | NAP | 2/14/2022 | NAP | 2/15/2022 | NAP | NAP | No |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | NAP | NAP | 3/1/2022 | NAP | 3/2/2022 | NAP | NAP | No |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | NAP | NAP | 1/17/2022 | NAP | 1/18/2022 | NAP | NAP | No |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | NAP | NAP | 3/28/2022 | NAP | 3/28/2022 | NAP | NAP | No |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | NAP | NAP | 1/27/2022 | 4/8/2022 | 1/27/2022 | NAP | NAP | No |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | NAP | NAP | 3/10/2022 | NAP | 3/10/2022 | NAP | NAP | No |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | NAP | NAP | 2/28/2022 | NAP | 3/2/2022 | NAP | NAP | No |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | NAP | NAP | 2/14/2022 | NAP | 2/15/2022 | NAP | NAP | No |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | 12/23/2021 | NAP | 12/28/2021 | NAP | NAP | No |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | NAP | NAP | 2/25/2022 | NAP | 2/28/2022 | NAP | NAP | No |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | NAP | NAP | 2/7/2022 | NAP | 2/8/2022 | NAP | NAP | No |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | NAP | NAP | 2/18/2022 | NAP | 2/24/2022 | NAP | NAP | No |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | NAP | NAP | 2/23/2022 | NAP | 2/25/2022 | NAP | NAP | No |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms |
1 | Loan | 5, 9, A | 1 | Constitution Center | Fee | NAP | NAP |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | Fee | NAP | NAP |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Fee | NAP | NAP |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | Fee | NAP | NAP |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Fee | NAP | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Fee | NAP | NAP |
7 | Loan | | 1 | 625 North Flagler Drive | Fee | NAP | NAP |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Fee | NAP | NAP |
9 | Loan | 5, 8, C | 1 | Pacific View | Fee/Leasehold | 5/24/2022 | NAP |
10 | Loan | 7 | 1 | Midtown Shopping Center | Fee | NAP | NAP |
11 | Loan | | 1 | Yuba City Marketplace | Fee | NAP | NAP |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | | | |
12.01 | Property | | 1 | Garrett Crossing | Fee | NAP | NAP |
12.02 | Property | | 1 | Parkway Pointe | Fee | NAP | NAP |
12.03 | Property | | 1 | Billings Crossing Plaza | Fee | NAP | NAP |
13 | Loan | | 1 | Secure Self Storage - Norwalk | Fee | NAP | NAP |
14 | Loan | D | 1 | Central Plaza | Fee | NAP | NAP |
15 | Loan | E | 1 | Backlick Center | Fee | NAP | NAP |
16 | Loan | | 1 | New Bern Marketplace | Fee | NAP | NAP |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | | | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | Fee | NAP | NAP |
17.02 | Property | | 1 | 5205 Freitag Drive | Fee | NAP | NAP |
17.03 | Property | | 1 | 1821 Indianhead Drive | Fee | NAP | NAP |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Fee | NAP | NAP |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | | | |
19.01 | Property | | 1 | 1591 Industrial Road | Fee | NAP | NAP |
19.02 | Property | | 1 | 1129 East Interstate Plaza | Fee | NAP | NAP |
19.03 | Property | | 1 | 1515 East El Rodeo Road | Fee | NAP | NAP |
19.04 | Property | | 1 | 3582 East Gordon Drive | Fee | NAP | NAP |
19.05 | Property | | 1 | 4514 Powell Avenue | Fee | NAP | NAP |
19.06 | Property | | 1 | 2881 Rhoades Avenue | Fee | NAP | NAP |
19.07 | Property | | 1 | 12975 South Oatman Highway | Fee | NAP | NAP |
19.08 | Property | | 1 | 3096 Highway 95 | Fee | NAP | NAP |
19.09 | Property | | 1 | 423 Marina Boulevard | Fee | NAP | NAP |
19.10 | Property | | 1 | 3890 Sunshine Drive | Fee | NAP | NAP |
19.11 | Property | | 1 | 10407 Barrackman Road | Fee | NAP | NAP |
19.12 | Property | | 1 | 2715 Highway 95 | Fee | NAP | NAP |
19.13 | Property | | 1 | 2065 South Plaza Drive | Fee | NAP | NAP |
19.14 | Property | | 1 | 2064 South Plaza Drive | Fee | NAP | NAP |
19.15 | Property | | 1 | 2937 Easy Street | Fee | NAP | NAP |
19.16 | Property | | 1 | 1735 South Trane Road | Fee | NAP | NAP |
19.17 | Property | | 1 | 454 Marina Boulevard | Fee | NAP | NAP |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | Fee | NAP | NAP |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | | | |
20.01 | Property | | 1 | A Sentry Mini Storage | Fee | NAP | NAP |
20.02 | Property | | 1 | Top Shelf Storage | Fee | NAP | NAP |
21 | Loan | 14 | 1 | Oakmead Village Office | Fee | NAP | NAP |
22 | Loan | | 1 | Orange Self Storage | Fee | NAP | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | Fee/Leasehold | 1/30/2051 | Tenant has a 99 year extension option (exercisable subject to customary restrictions and conditions, i.e., no default). The renewal option may be exercised by the leasehold mortgagee. |
24 | Loan | | 1 | 100 Marketplace | Fee | NAP | NAP |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | Fee | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms |
26 | Loan | | 1 | Big Oaks Mini Storage | Fee | NAP | NAP |
27 | Loan | | 1 | Corner Village at Warren | Fee | NAP | NAP |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | Fee | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | Fee | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | Fee | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | Fee | NAP | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | Fee | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | Fee | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | Fee | NAP | NAP |
35 | Loan | | 1 | Spring Self Storage | Fee | NAP | NAP |
36 | Loan | | 1 | Don-Mar MHC | Fee | NAP | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | Fee | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | Fee | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | Fee | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | Fee | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | Fee | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | Fee | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | Fee | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | Fee | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | NAP | NAP | 148,475 | 49,489 | 286,032 | 286,038 | 0 | 239,176 | 0 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | NAP | NAP | 2,815,969 | 469,328 | 0 | Springing | 0 | 5,763 | 207,468 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NAP | NAP | 119,754 | 59,877 | 0 | Springing | 0 | 3,380 | 0 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | 10,891 | 5,445 | 30,456 | 15,228 | 500,000 | Springing | 500,000 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | NAP | NAP | 307,411 | 153,706 | 0 | Springing | 0 | Springing | 0 |
7 | Loan | | 1 | 625 North Flagler Drive | NAP | NAP | 398,614 | 49,827 | 207,062 | 25,848 | 125,000 | 2,983 | 107,397 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | NAP | NAP | 844,447 | 140,741 | 0 | Springing | 1,166,541 | 7,707 | 0 |
9 | Loan | 5, 8, C | 1 | Pacific View | 0 | No | 0 | Springing | 0 | Springing | 0 | Springing | 397,778 |
10 | Loan | 7 | 1 | Midtown Shopping Center | NAP | NAP | 403,000 | 40,300 | 0 | Springing | 0 | 2,515 | 81,893 |
11 | Loan | | 1 | Yuba City Marketplace | NAP | NAP | 0 | 37,626 | 0 | Springing | 0 | 2,235 | 26,819 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | | | 117,073 | 22,185 | 0 | Springing | 0 | 2,623 | 0 |
12.01 | Property | | 1 | Garrett Crossing | NAP | NAP | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | NAP | NAP | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | NAP | NAP | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | 101,343 | 16,891 | 0 | Springing | 6,000 | 875 | 31,489 |
14 | Loan | D | 1 | Central Plaza | NAP | NAP | 65,140 | 16,285 | 0 | Springing | 0 | 2,457 | 0 |
15 | Loan | E | 1 | Backlick Center | NAP | NAP | 143,598 | 20,514 | 0 | Springing | 37,724 | 603 | 14,480 |
16 | Loan | | 1 | New Bern Marketplace | NAP | NAP | 0 | 17,404 | 0 | Springing | 0 | 1,390 | 75,000 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | | | 0 | Springing | 0 | Springing | 25,769 | Springing | 25,769 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | NAP | NAP | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | NAP | NAP | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | NAP | NAP | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | NAP | NAP | 13,504 | 6,752 | 9,414 | 1,569 | 36,000 | 1,400 | 36,000 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | | | 51,075 | 5,675 | 0 | Springing | 0 | 5,198 | 0 |
19.01 | Property | | 1 | 1591 Industrial Road | NAP | NAP | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | NAP | NAP | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | NAP | NAP | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | NAP | NAP | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | NAP | NAP | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | NAP | NAP | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | NAP | NAP | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | NAP | NAP | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | NAP | NAP | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | NAP | NAP | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | NAP | NAP | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | NAP | NAP | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | NAP | NAP | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | NAP | NAP | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | NAP | NAP | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | NAP | NAP | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | NAP | NAP | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | NAP | NAP | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | | | 133,055 | 13,306 | 0 | Springing | 150,000 | 1,281 | 0 |
20.01 | Property | | 1 | A Sentry Mini Storage | NAP | NAP | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | NAP | NAP | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | NAP | 19,038 | 9,519 | 5,818 | 646 | 97,589 | 301 | 7,224 |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | 12,736 | 12,736 | 2,910 | 1,453 | 0 | 744 | 17,856 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | 7,640.00 | No | 183,520 | 67,317 | 0 | Springing | 0 | 0 | 0 |
24 | Loan | | 1 | 100 Marketplace | NAP | NAP | 53,994 | 17,998 | 0 | Springing | 0 | 699 | 0 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | 12,432 | 3,108 | 14,448 | 1,806 | 0 | Springing | 0 |
27 | Loan | | 1 | Corner Village at Warren | NAP | NAP | 34,254 | 11,418 | 0 | Springing | 0 | 418 | 0 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | 2,548 | 2,548 | 0 | Springing | 0 | 568 | 13,620 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | 21,081 | 7,027 | 0 | Springing | 0 | 781 | 28,114 |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 917 | 0 |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | 0 | 1,248 | 1,044 | 131 | 15,000 | 296 | 0 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | 47,250 | 15,750 | 0 | Springing | 0 | 0 | 0 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | 81,296 | 16,672 | 0 | Springing | 0 | 0 | 0 |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 0 | 0 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | 56,250 | 18,750 | 0 | Springing | 0 | 0 | 0 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | 56,250 | 18,750 | 0 | Springing | 0 | 0 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 416,036 | Springing | 0 | 0 | 0 | 0 | 0 | 14,343,252 | 0 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,189,000 | 0 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 1,000,000 | 57,760 | 3,500,000 | 0 | 0 | 0 | 0 | 0 | 0 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 0 | 0 | 0 | 0 | 0 | 0 | 3,125 | 9,221,405 | 0 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 560,258 | 3,011 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 3,640,000 | Springing | 3,640,000 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | Loan | | 1 | 625 North Flagler Drive | 810,000 | Springing | 813,600 | 0 | 0 | 0 | 34,325 | 900,719 | 0 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 0 | 50,000 | 1,800,000 | 0 | 0 | 0 | 558,199 | 228,062 | 0 |
9 | Loan | 5, 8, C | 1 | Pacific View | 0 | 33,148 | 1,193,334 | 0 | 0 | 0 | 0 | 0 | 0 |
10 | Loan | 7 | 1 | Midtown Shopping Center | 0 | 15,087 | 750,000 | 0 | 0 | 0 | 0 | Springing | 0 |
11 | Loan | | 1 | Yuba City Marketplace | 0 | $11,900.67, increasing to $71,900.67 upon the occurrence and during the continuance of a Lease Extension Rollover Monthly Deposit Increase | 428,424 | 0 | 0 | 0 | 0 | 0 | 0 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 0 | 8,403 | 300,000 | 0 | 0 | 0 | 0 | 76,124 | 0 |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | Loan | D | 1 | Central Plaza | 350,000 | 12,934 | 500,000 | 0 | 0 | 0 | 14,875 | 0 | 0 |
15 | Loan | E | 1 | Backlick Center | 164,108 | Springing | 164,108 | 0 | 0 | 0 | 32,813 | 109,641 | 0 |
16 | Loan | | 1 | New Bern Marketplace | 0 | 6,952 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | 150,000 | 3,332 | 150,000 | 0 | 0 | 0 | 54,907 | 0 | 0 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 50,250 | 12,500 | 0 |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | 250,000 | 2,006 | 72,216 | 0 | 0 | 0 | 0 | 419,290 | 0 |
22 | Loan | | 1 | Orange Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750,000 | 0 |
24 | Loan | | 1 | 100 Marketplace | 150,000 | Springing | 150,000 | 0 | 0 | 0 | 6,250 | 0 | 0 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
27 | Loan | | 1 | Corner Village at Warren | 100,000 | 4,181 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $300,000, $42,000 | 0 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
31 | Loan | | 1 | Mercury Self-Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 437,500 | 0 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
35 | Loan | | 1 | Spring Self Storage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
36 | Loan | | 1 | Don-Mar MHC | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,500 | 0 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 0 |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 187,500 | 0 |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | Free Rent Reserve | 0 | 0 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | PIP Reserve Funds | 0 | 0 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | NAP | 0 | 0 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | Free Rent ($1,895,914.74), Outstanding Tenant Allowance ($7,325,490) | 0 | 0 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Litigation Reserve | 0 | 0 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | NAP | 0 | 0 |
7 | Loan | | 1 | 625 North Flagler Drive | Outstanding TI Reserve ($602,720), Gap Rent Reserve ($178,968.09), Free Rent Reserve ($119,031.25) | 0 | 0 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Unfunded Obligations Reserve ($191,568.60); Free Rent Reserve ($36,494.44) | 0 | 0 |
9 | Loan | 5, 8, C | 1 | Pacific View | NAP | 0 | 0 |
10 | Loan | 7 | 1 | Midtown Shopping Center | Ground Lease Termination Reserve | 0 | 0 |
11 | Loan | | 1 | Yuba City Marketplace | NAP | 0 | 0 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | TitleMax Reserve | 0 | 0 |
12.01 | Property | | 1 | Garrett Crossing | | | |
12.02 | Property | | 1 | Parkway Pointe | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | 0 | 0 |
14 | Loan | D | 1 | Central Plaza | NAP | 0 | 0 |
15 | Loan | E | 1 | Backlick Center | Unfunded Scheduled Outstanding TI & LC Reserve ($52,840), Rent Concessions Reserve ($38,198.22), Parking Lot Light Reserve ($18,602.50) | 0 | 3,250,000 |
16 | Loan | | 1 | New Bern Marketplace | NAP | 0 | 0 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAP | 0 | 0 |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | NAP | 0 | 0 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | Environmental Reserve | 0 | 0 |
19.01 | Property | | 1 | 1591 Industrial Road | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | NAP | 0 | 0 |
20.01 | Property | | 1 | A Sentry Mini Storage | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | Existing TI/LC Reserve; Conductive Bio Reserve (Springing) | 0 | 0 |
22 | Loan | | 1 | Orange Self Storage | NAP | 0 | 0 |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | Collateral Security Agreement For Capital Improvements | 0 | 0 |
24 | Loan | | 1 | 100 Marketplace | NAP | 0 | 0 |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | 0 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | 0 | 0 |
27 | Loan | | 1 | Corner Village at Warren | NAP | 0 | 0 |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | Collateral Security Agreement For Capital Improvements, Collateral Security Agreement Re: Maintenace Arrears | 0 | 0 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | 0 | 0 |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | 0 | 0 |
31 | Loan | | 1 | Mercury Self-Storage | NAP | 0 | 0 |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | Collateral Security Agreement For Capital Improvements | 0 | 0 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | 0 | 0 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | 0 | 0 |
35 | Loan | | 1 | Spring Self Storage | NAP | 0 | 0 |
36 | Loan | | 1 | Don-Mar MHC | NAP | 0 | 0 |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | 0 | 0 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | Collateral Security Agreement For Capital Improvements | 0 | 0 |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | 0 | 0 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | Collateral Security Agreement For Capital Improvements | 0 | 0 |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | Collateral Security Agreement For Capital Improvements | 0 | 0 |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | 0 | 0 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | 0 | 0 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | 0 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Description | Lockbox Type |
1 | Loan | 5, 9, A | 1 | Constitution Center | NAP | Hard |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | NAP | Springing |
3 | Loan | 5 | 1 | 79 Fifth Avenue | NAP | Hard |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NAP | Hard |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | Soft |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | NAP | Hard |
7 | Loan | | 1 | 625 North Flagler Drive | NAP | Hard |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | NAP | Hard |
9 | Loan | 5, 8, C | 1 | Pacific View | NAP | Hard |
10 | Loan | 7 | 1 | Midtown Shopping Center | NAP | Hard |
11 | Loan | | 1 | Yuba City Marketplace | NAP | Hard |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | NAP | Springing |
12.01 | Property | | 1 | Garrett Crossing | | |
12.02 | Property | | 1 | Parkway Pointe | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | Springing |
14 | Loan | D | 1 | Central Plaza | NAP | Hard |
15 | Loan | E | 1 | Backlick Center | At any time prior to December 1, 2024 and provided no Event of Default has occurred and is then continuing, the Holdback Reserve shall be disbursed to Borrower in up to four (4) separate disbursements (counting and including the final disbursement of any funds remaining in the Holdback Reserve), if any, provided (i) Borrower has delivered to Lender a written request for such disbursement not less than ten (10) Business Days prior to the requested disbursement date, (ii) based on a disbursed Loan amount of $12,750,000.00 plus any disbursed portion of the Holdback Reserve (including the requested disbursement), (A) the Debt Yield calculated as of the last day of the calendar quarter immediately preceding the date of determination (Borrower having provided Lender with financials for such calendar quarter for purposes of performing such calculation) is equal to or greater than 8.8% based upon a trailing twelve (12) months operating statements and current in place rent roll, and (B) in connection with Lender’s calculation of the Debt Yield, Borrower shall have delivered to Lender copies of any fully executed Leases. | Springing |
16 | Loan | | 1 | New Bern Marketplace | NAP | Springing |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAP | Hard |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | NAP | Springing |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | NAP | Springing |
19.01 | Property | | 1 | 1591 Industrial Road | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | |
19.08 | Property | | 1 | 3096 Highway 95 | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | |
19.12 | Property | | 1 | 2715 Highway 95 | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | |
19.15 | Property | | 1 | 2937 Easy Street | | |
19.16 | Property | | 1 | 1735 South Trane Road | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | NAP | Springing |
20.01 | Property | | 1 | A Sentry Mini Storage | | |
20.02 | Property | | 1 | Top Shelf Storage | | |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | Soft |
22 | Loan | | 1 | Orange Self Storage | NAP | None |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | None |
24 | Loan | | 1 | 100 Marketplace | NAP | Springing |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | None |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Holdback/ Earnout Description | Lockbox Type |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | Springing |
27 | Loan | | 1 | Corner Village at Warren | NAP | Springing |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | None |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | None |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | None |
31 | Loan | | 1 | Mercury Self-Storage | NAP | Springing |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | None |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | None |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | Springing |
35 | Loan | | 1 | Spring Self Storage | NAP | Springing |
36 | Loan | | 1 | Don-Mar MHC | NAP | Springing |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | None |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | None |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | None |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | None |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | None |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | None |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | None |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | None |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | Springing | Yes | No | Yes | No | 76,000,000 | 322,000,000 | 829,620.33 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | Springing | Yes | No | Yes | Yes | 76,000,000 | 44,000,000 | 171,752.78 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Springing | Yes | Yes | Yes | No | 71,000,000 | 169,000,000 | 702,523.61 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | In Place | Yes | Yes | Yes | Yes | 71,000,000 | 14,000,000 | 66,713.89 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Springing | Yes | No | Yes | No | 45,350,000 | 85,000,000 | 328,707.01 |
7 | Loan | | 1 | 625 North Flagler Drive | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Springing | Yes | No | Yes | No | 37,800,000 | 46,200,000 | 185,024.58 |
9 | Loan | 5, 8, C | 1 | Pacific View | Springing | Yes | No | Yes | No | 30,000,000 | 42,000,000 | 232,967.20 |
10 | Loan | 7 | 1 | Midtown Shopping Center | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
11 | Loan | | 1 | Yuba City Marketplace | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | Springing | No | No | No | NAP | NAP | NAP | NAP |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
14 | Loan | D | 1 | Central Plaza | In Place | Yes | No | No | NAP | NAP | NAP | NAP |
15 | Loan | E | 1 | Backlick Center | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
16 | Loan | | 1 | New Bern Marketplace | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | �� | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | Orange Self Storage | None | No | No | No | NAP | NAP | NAP | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | None | No | No | No | | NAP | NAP | NAP |
24 | Loan | | 1 | 100 Marketplace | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | None | No | No | No | | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | Corner Village at Warren | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | None | No | No | No | | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | None | No | No | No | | NAP | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | None | No | No | No | | NAP | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | None | No | No | No | | NAP | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | None | No | No | No | | NAP | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
35 | Loan | | 1 | Spring Self Storage | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
36 | Loan | | 1 | Don-Mar MHC | Springing | Yes | No | No | NAP | NAP | NAP | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | None | No | No | No | | NAP | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | None | No | No | No | | NAP | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | None | No | No | No | | NAP | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | None | No | No | No | | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | None | No | No | No | | NAP | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | None | No | No | No | | NAP | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | None | No | No | No | | NAP | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | None | No | No | No | | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 1,025,431.34 | 52,000,000 | 3.92000% | 450,000,000 | 1,197,657.27 | 49.2% | 3.68 | 12.5% |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 468,416.67 | NAP | NAP | 120,000,000 | 468,417 | 0 | 4 | 0 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 997,666.67 | NAP | NAP | 240,000,000 | 997,667 | 1 | 2 | 0 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 405,048.61 | NAP | NAP | 85,000,000 | 405,049 | 1 | 2 | 0 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 504,081.86 | NAP | NAP | 130,350,000 | 504,082 | 1 | 2 | 0 |
7 | Loan | | 1 | 625 North Flagler Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 336,408.33 | NAP | NAP | 84,000,000 | 336,408 | 1 | 2 | 0 |
9 | Loan | 5, 8, C | 1 | Pacific View | 399,372.35 | NAP | NAP | 72,000,000 | 399,372 | 0 | 2 | 0 |
10 | Loan | 7 | 1 | Midtown Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | | 1 | Yuba City Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | D | 1 | Central Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | E | 1 | Backlick Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | | 1 | New Bern Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | 0 | greater of 3.50% or the Prime Rate | 7,250,000 | 24,447.39 | 10.1% | 10.93 | 45.2% |
24 | Loan | | 1 | 100 Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | 0 | greater of 3.50% or the Prime Rate | 6,588,897 | 25,320.66 | 19.4% | 6.01 | 28.3% |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | Corner Village at Warren | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | 0 | greater of 3.50% or the Prime Rate | 6,000,000 | 22,432.29 | 25.6% | 5.82 | 26.7% |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | 0 | greater of 3.50% or the Prime Rate | 4,300,000 | 13,440.78 | 20.4% | 6.14 | 23.4% |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | 0 | greater of 3.50% or the Prime Rate | 4,239,706 | 18,644.62 | 26.5% | 3.03 | 16.4% |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | 0 | greater of 3.50% or the Prime Rate | 3,448,171 | 15,707.41 | 5.6% | 10.29 | 56.9% |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | 0 | greater of 3.85% or Prime Rate +0.25% | 2,498,629 | 10,417 | 0 | 8 | 0 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | 0 | greater of 3.90% or the Prime Rate | 2,150,000 | 7,330.42 | 8.1% | 8.90 | 37.3% |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | 0 | greater of 3.50% or the Prime Rate | 2,398,862 | 10,354.02 | 11.7% | 8.41 | 44.5% |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | 0 | greater of 3.85% or Prime Rate +0.25% | 1,992,553 | 8,653.07 | 24.6% | 8.85 | 47.0% |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | 0 | greater of 3.50% or the Prime Rate | 1,995,664 | 8,671 | 0 | 9 | 0 |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | 0 | greater of 3.75% or Prime Rate +0.25% | 1,348,638 | 6,361 | 0 | 7 | 0 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | 0 | greater of 3.95% or Prime Rate +0.25% | 1,093,219 | 10,361 | 0 | 4 | 0 |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
1 | Loan | 5, 9, A | 1 | Constitution Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
3 | Loan | 5 | 1 | 79 Fifth Avenue | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
7 | Loan | | 1 | 625 North Flagler Drive | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
9 | Loan | 5, 8, C | 1 | Pacific View | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
10 | Loan | 7 | 1 | Midtown Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
11 | Loan | | 1 | Yuba City Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
14 | Loan | D | 1 | Central Plaza | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
15 | Loan | E | 1 | Backlick Center | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
16 | Loan | | 1 | New Bern Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
24 | Loan | | 1 | 100 Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
27 | Loan | | 1 | Corner Village at Warren | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Unsecured |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor |
1 | Loan | 5, 9, A | 1 | Constitution Center | MetLife, Inc. and New York Common Retirement Fund |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | SH General Partner, Inc. |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Albert Kalimian |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NSB Associates, Inc. |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Ray Roeder |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | HN Capital Partners, L.L.C. and McCourt Partners Real Estate LLC |
7 | Loan | | 1 | 625 North Flagler Drive | FRI Investors |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Tower Investments, LLC and Nella Invest, LLC |
9 | Loan | 5, 8, C | 1 | Pacific View | The Macerich Company |
10 | Loan | 7 | 1 | Midtown Shopping Center | Francis J. Greenburger |
11 | Loan | | 1 | Yuba City Marketplace | Roger W. Whalen and Gary C. Gallup |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | Stanley Werb and Jonathan Gaines |
12.01 | Property | | 1 | Garrett Crossing | |
12.02 | Property | | 1 | Parkway Pointe | |
12.03 | Property | | 1 | Billings Crossing Plaza | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | Stephen A. Hardy, Stephen Schwartz and Stephen L. Clark |
14 | Loan | D | 1 | Central Plaza | Kobalt Investment Company LLC |
15 | Loan | E | 1 | Backlick Center | Kevin E Glazer |
16 | Loan | | 1 | New Bern Marketplace | Mark Kooklani and The Kooklani Family Revocable Living Trust Dated August 22, 1996 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | George Hicker |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | |
17.02 | Property | | 1 | 5205 Freitag Drive | |
17.03 | Property | | 1 | 1821 Indianhead Drive | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Dennis Gage, Regina Gage and Dennis Gage and Regina Gage, as Trustees of the Dennis Gage and Regina Gage Family trust dated June 25, 1990 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | Mike Merrigan, Dennis Sixbery, Jr., Garry Kort, Jr. and Deano Merrigan |
19.01 | Property | | 1 | 1591 Industrial Road | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | |
19.04 | Property | | 1 | 3582 East Gordon Drive | |
19.05 | Property | | 1 | 4514 Powell Avenue | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | |
19.07 | Property | | 1 | 12975 South Oatman Highway | |
19.08 | Property | | 1 | 3096 Highway 95 | |
19.09 | Property | | 1 | 423 Marina Boulevard | |
19.10 | Property | | 1 | 3890 Sunshine Drive | |
19.11 | Property | | 1 | 10407 Barrackman Road | |
19.12 | Property | | 1 | 2715 Highway 95 | |
19.13 | Property | | 1 | 2065 South Plaza Drive | |
19.14 | Property | | 1 | 2064 South Plaza Drive | |
19.15 | Property | | 1 | 2937 Easy Street | |
19.16 | Property | | 1 | 1735 South Trane Road | |
19.17 | Property | | 1 | 454 Marina Boulevard | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | Matthew Follett and Matthew L. Garibaldi |
20.01 | Property | | 1 | A Sentry Mini Storage | |
20.02 | Property | | 1 | Top Shelf Storage | |
21 | Loan | 14 | 1 | Oakmead Village Office | Inventive Power Limited |
22 | Loan | | 1 | Orange Self Storage | Brett Hatcher and Robert Meyers |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP |
24 | Loan | | 1 | 100 Marketplace | Bruce Bocina and Robert Fernandes |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Sponsor |
26 | Loan | | 1 | Big Oaks Mini Storage | James R. Patterson |
27 | Loan | | 1 | Corner Village at Warren | Bruce Bocina, Brian Silbert and Barry Solondz |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP |
31 | Loan | | 1 | Mercury Self-Storage | Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | Peter J. Miron-Conk, Olav Visnapuu, Robert A. New, Christine A. New, Landpark Holdings, LLC, Miron-Conk 2001 Revocable Trust Dated February 2, 2001 and Robert Andrew New and Christine Ann New Revocable Trust Dated March 2, 2007 |
35 | Loan | | 1 | Spring Self Storage | Gregory M. Lee and Peter M. Lee |
36 | Loan | | 1 | Don-Mar MHC | Anar Pitre |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor |
1 | Loan | 5, 9, A | 1 | Constitution Center | NAP |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | SH General Partner, Inc. |
3 | Loan | 5 | 1 | 79 Fifth Avenue | Albert Kalimian |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | Robyn Lee Field and Lisa Suzanne Field |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | Ray Roeder |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | Vipin Nambiar |
7 | Loan | | 1 | 625 North Flagler Drive | Michael P. McCloskey |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | Tower Investments, LLC and Nella Invest, LLC |
9 | Loan | 5, 8, C | 1 | Pacific View | The Macerich Partnership, L.P. |
10 | Loan | 7 | 1 | Midtown Shopping Center | Francis J. Greenburger |
11 | Loan | | 1 | Yuba City Marketplace | Roger W. Whalen and Gary C. Gallup |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | Stanley Werb and Jonathan Gaines |
12.01 | Property | | 1 | Garrett Crossing | |
12.02 | Property | | 1 | Parkway Pointe | |
12.03 | Property | | 1 | Billings Crossing Plaza | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | Stephen A. Hardy, Stephen Schwartz and Stephen L. Clark |
14 | Loan | D | 1 | Central Plaza | Anderson Crosland |
15 | Loan | E | 1 | Backlick Center | Lakeview Crossing Shopping Center Dallas, TX. Limited Partnership |
16 | Loan | | 1 | New Bern Marketplace | Mark Kooklani and The Kooklani Family Revocable Living Trust Dated August 22, 1996 |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | George Hicker |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | |
17.02 | Property | | 1 | 5205 Freitag Drive | |
17.03 | Property | | 1 | 1821 Indianhead Drive | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | Dennis Gage, Regina Gage and Dennis Gage and Regina Gage, as Trustees of the Dennis Gage and Regina Gage Family trust dated June 25, 1990 |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | Mike Merrigan, Dennis Sixbery, Jr., Garry Kort, Jr. and Deano Merrigan |
19.01 | Property | | 1 | 1591 Industrial Road | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | |
19.04 | Property | | 1 | 3582 East Gordon Drive | |
19.05 | Property | | 1 | 4514 Powell Avenue | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | |
19.07 | Property | | 1 | 12975 South Oatman Highway | |
19.08 | Property | | 1 | 3096 Highway 95 | |
19.09 | Property | | 1 | 423 Marina Boulevard | |
19.10 | Property | | 1 | 3890 Sunshine Drive | |
19.11 | Property | | 1 | 10407 Barrackman Road | |
19.12 | Property | | 1 | 2715 Highway 95 | |
19.13 | Property | | 1 | 2065 South Plaza Drive | |
19.14 | Property | | 1 | 2064 South Plaza Drive | |
19.15 | Property | | 1 | 2937 Easy Street | |
19.16 | Property | | 1 | 1735 South Trane Road | |
19.17 | Property | | 1 | 454 Marina Boulevard | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | Matthew Follett and Matthew L. Garibaldi |
20.01 | Property | | 1 | A Sentry Mini Storage | |
20.02 | Property | | 1 | Top Shelf Storage | |
21 | Loan | 14 | 1 | Oakmead Village Office | Cambrios Advanced Materials Corporation |
22 | Loan | | 1 | Orange Self Storage | Brett Hatcher and Robert Meyers |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP |
24 | Loan | | 1 | 100 Marketplace | Bruce Bocina and Robert Fernandes |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Non-Recourse Carveout Guarantor |
26 | Loan | | 1 | Big Oaks Mini Storage | James R. Patterson |
27 | Loan | | 1 | Corner Village at Warren | Bruce Bocina, Brian Silbert and Barry Solondz |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP |
31 | Loan | | 1 | Mercury Self-Storage | Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | Peter J. Miron-Conk, Olav Visnapuu, Robert A. New, Christine A. New, Landpark Holdings, LLC, Miron-Conk 2001 Revocable Trust Dated February 2, 2001 and Robert Andrew New and Christine Ann New Revocable Trust Dated March 2, 2007 |
35 | Loan | | 1 | Spring Self Storage | Gregory M. Lee and Peter M. Lee |
36 | Loan | | 1 | Don-Mar MHC | Anar Pitre |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) |
1 | Loan | 5, 9, A | 1 | Constitution Center | No | No | Refinance | | 398,000,000 | 0 | 52,000,000 | 0 | 450,000,000 | 327,749,794 |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | No | No | Refinance | | 120,000,000 | 0 | 0 | 0 | 120,000,000 | 82,341,405 |
3 | Loan | 5 | 1 | 79 Fifth Avenue | No | Yes | Recapitalization | | 240,000,000 | 140,365,945 | 0 | 0 | 380,365,945 | 0 |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | No | No | Refinance | | 85,000,000 | 0 | 0 | 0 | 85,000,000 | 32,570,934 |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | No | No | Refinance | | 54,000,000 | 0 | 0 | 0 | 54,000,000 | 43,751,456 |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | No | No | Acquisition | | 130,350,000 | 66,195,518 | 0 | 0 | 196,545,518 | 0 |
7 | Loan | | 1 | 625 North Flagler Drive | No | No | Refinance | | 39,000,000 | 0 | 0 | 0 | 39,000,000 | 28,589,828 |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | No | Yes | Acquisition | | 84,000,000 | 43,600,533 | 0 | 1,739,486 | 129,340,019 | 0 |
9 | Loan | 5, 8, C | 1 | Pacific View | No | No | Refinance | | 72,000,000 | 39,631,693 | 0 | 0 | 111,631,693 | 110,648,828 |
10 | Loan | 7 | 1 | Midtown Shopping Center | No | Yes | Acquisition | | 25,000,000 | 17,019,688 | 0 | 0 | 42,019,688 | 0 |
11 | Loan | | 1 | Yuba City Marketplace | No | Yes | Refinance | | 20,000,000 | 5,695,000 | 0 | 0 | 25,695,000 | 25,289,390 |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | No | No | Refinance/Acquisition | | 17,500,000 | 0 | 0 | 0 | 17,500,000 | 8,474,527 |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | No | No | Refinance | | 16,725,000 | 22,430 | 0 | 0 | 16,747,430 | 16,511,542 |
14 | Loan | D | 1 | Central Plaza | No | No | Refinance | | 16,100,000 | 0 | 0 | 0 | 16,100,000 | 11,125,353 |
15 | Loan | E | 1 | Backlick Center | No | No | Acquisition | | 16,000,000 | 13,104,541 | 0 | 0 | 29,104,541 | 0 |
16 | Loan | | 1 | New Bern Marketplace | No | Yes | Acquisition | | | | | | | |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | No | Yes | Acquisition | | | | | | | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | No | No | Acquisition | | | | | | | |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | No | No | Refinance | | | | | | | |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | No | No | Acquisition | | | | | | | |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | No | No | Recapitalization | | | | | | | |
22 | Loan | | 1 | Orange Self Storage | No | No | Refinance | | | | | | | |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | No | No | Refinance | | | | | | | |
24 | Loan | | 1 | 100 Marketplace | No | No | Refinance | | | | | | | |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | No | No | Refinance | | | | | | | |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal’s New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) |
26 | Loan | | 1 | Big Oaks Mini Storage | No | No | Refinance | | | | | | | |
27 | Loan | | 1 | Corner Village at Warren | No | Yes | Refinance | | | | | | | |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | No | No | Refinance | | | | | | | |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | No | No | Refinance | | | | | | | |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | No | No | Refinance | | | | | | | |
31 | Loan | | 1 | Mercury Self-Storage | No | Yes | Acquisition | | | | | | | |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | No | No | Refinance | | | | | | | |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | No | No | Refinance | | | | | | | |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | No | No | Refinance | | | | | | | |
35 | Loan | | 1 | Spring Self Storage | No | No | Refinance | | | | | | | |
36 | Loan | | 1 | Don-Mar MHC | No | No | Acquisition | | | | | | | |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | No | No | Refinance | | | | | | | |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | No | No | Refinance | | | | | | | |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | No | No | Refinance | | | | | | | |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | No | No | Refinance | | | | | | | |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | No | No | Refinance | | | | | | | |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | No | No | Refinance | | | | | | | |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | No | No | Recapitalization | | | | | | | |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | No | No | Refinance | | | | | | | |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) |
1 | Loan | 5, 9, A | 1 | Constitution Center | 0 | 3,078,877 | 14,759,288 | 59,412,042 | 0 | 450,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 0 | 1,933,692 | 25,623,507 | 10,101,396 | 0 | 120,000,000 | 12/31/2044 | 315.11 | 213.76 | 67.8% | 315.11 | 213.76 | 67.8% |
3 | Loan | 5 | 1 | 79 Fifth Avenue | 369,000,000 | 7,549,997 | 3,815,969 | 0 | 0 | 380,365,945 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | 0 | 994,560 | 9,344,284 | 42,090,223 | 0 | 85,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | 0 | 390,147 | 1,101,605 | 8,756,792 | 0 | 54,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | 189,235,565 | 3,362,542 | 3,947,411 | 0 | 0 | 196,545,518 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
7 | Loan | | 1 | 625 North Flagler Drive | 0 | 723,098 | 2,475,720 | 7,211,354 | 0 | 39,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | 124,500,000 | 2,042,770 | 2,797,249 | 0 | 0 | 129,340,019 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
9 | Loan | 5, 8, C | 1 | Pacific View | 0 | 982,865 | 0 | 0 | 0 | 111,631,693 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
10 | Loan | 7 | 1 | Midtown Shopping Center | 39,000,000 | 2,616,688 | 403,000 | 0 | 0 | 42,019,688 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
11 | Loan | | 1 | Yuba City Marketplace | 0 | 405,610 | 0 | 0 | 0 | 25,695,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | 6,565,952 | 229,612 | 193,197 | 2,036,712 | 0 | 17,500,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.01 | Property | | 1 | Garrett Crossing | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.02 | Property | | 1 | Parkway Pointe | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
12.03 | Property | | 1 | Billings Crossing Plaza | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
13 | Loan | | 1 | Secure Self Storage - Norwalk | 0 | 128,544 | 107,343 | 0 | 0 | 16,747,430 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
14 | Loan | D | 1 | Central Plaza | 0 | 4,183,570 | 430,015 | 361,062 | 0 | 16,100,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
15 | Loan | E | 1 | Backlick Center | 25,060,000 | 306,657 | 3,737,884 | 0 | 0 | 29,104,541 | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
16 | Loan | | 1 | New Bern Marketplace | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.02 | Property | | 1 | 5205 Freitag Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
17.03 | Property | | 1 | 1821 Indianhead Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.01 | Property | | 1 | 1591 Industrial Road | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.02 | Property | | 1 | 1129 East Interstate Plaza | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.03 | Property | | 1 | 1515 East El Rodeo Road | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.04 | Property | | 1 | 3582 East Gordon Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.05 | Property | | 1 | 4514 Powell Avenue | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.06 | Property | | 1 | 2881 Rhoades Avenue | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.07 | Property | | 1 | 12975 South Oatman Highway | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.08 | Property | | 1 | 3096 Highway 95 | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.09 | Property | | 1 | 423 Marina Boulevard | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.10 | Property | | 1 | 3890 Sunshine Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.11 | Property | | 1 | 10407 Barrackman Road | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.12 | Property | | 1 | 2715 Highway 95 | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.13 | Property | | 1 | 2065 South Plaza Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.14 | Property | | 1 | 2064 South Plaza Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.15 | Property | | 1 | 2937 Easy Street | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.16 | Property | | 1 | 1735 South Trane Road | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.17 | Property | | 1 | 454 Marina Boulevard | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.01 | Property | | 1 | A Sentry Mini Storage | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
20.02 | Property | | 1 | Top Shelf Storage | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
21 | Loan | 14 | 1 | Oakmead Village Office | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
22 | Loan | | 1 | Orange Self Storage | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
24 | Loan | | 1 | 100 Marketplace | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) |
26 | Loan | | 1 | Big Oaks Mini Storage | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
27 | Loan | | 1 | Corner Village at Warren | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
31 | Loan | | 1 | Mercury Self-Storage | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
35 | Loan | | 1 | Spring Self Storage | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
36 | Loan | | 1 | Don-Mar MHC | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry |
1 | Loan | 5, 9, A | 1 | Constitution Center | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
2 | Loan | 5, 10 | 1 | Hilton Sandestin Beach Resort | 317.20 | 206.45 | 65.1% | 259.31 | 116.60 | 45.0% | | | | | | | | |
3 | Loan | 5 | 1 | 79 Fifth Avenue | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
4 | Loan | 5, 8 | 1 | 2355 and 2383 Utah Ave | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
5 | Loan | 7, 11 | 1 | Bay View Seaside MHC | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
6 | Loan | 5, 6, 7, B | 4 | Dallas Design District | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
7 | Loan | | 1 | 625 North Flagler Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
8 | Loan | 5, 7 | 1 | Nut Tree Plaza | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
9 | Loan | 5, 8, C | 1 | Pacific View | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
10 | Loan | 7 | 1 | Midtown Shopping Center | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
11 | Loan | | 1 | Yuba City Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
12 | Loan | 6 | 3 | Rivercrest Retail Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
12.01 | Property | | 1 | Garrett Crossing | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
12.02 | Property | | 1 | Parkway Pointe | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
12.03 | Property | | 1 | Billings Crossing Plaza | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
13 | Loan | | 1 | Secure Self Storage - Norwalk | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
14 | Loan | D | 1 | Central Plaza | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
15 | Loan | E | 1 | Backlick Center | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
16 | Loan | | 1 | New Bern Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
17 | Loan | 6, 7, 12 | 3 | AmeriLux Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
17.01 | Property | | 1 | 1212 and 1200 Enterprise Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
17.02 | Property | | 1 | 5205 Freitag Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
17.03 | Property | | 1 | 1821 Indianhead Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
18 | Loan | | 1 | Calle Perfecto Business Park-San Juan Capistrano | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19 | Loan | 6, 7 | 18 | Mohave Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.01 | Property | | 1 | 1591 Industrial Road | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.02 | Property | | 1 | 1129 East Interstate Plaza | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.03 | Property | | 1 | 1515 East El Rodeo Road | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.04 | Property | | 1 | 3582 East Gordon Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.05 | Property | | 1 | 4514 Powell Avenue | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.06 | Property | | 1 | 2881 Rhoades Avenue | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.07 | Property | | 1 | 12975 South Oatman Highway | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.08 | Property | | 1 | 3096 Highway 95 | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.09 | Property | | 1 | 423 Marina Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.10 | Property | | 1 | 3890 Sunshine Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.11 | Property | | 1 | 10407 Barrackman Road | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.12 | Property | | 1 | 2715 Highway 95 | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.13 | Property | | 1 | 2065 South Plaza Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.14 | Property | | 1 | 2064 South Plaza Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.15 | Property | | 1 | 2937 Easy Street | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.16 | Property | | 1 | 1735 South Trane Road | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.17 | Property | | 1 | 454 Marina Boulevard | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
19.18 | Property | | 1 | 5062 East Chiricahua Drive | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
20 | Loan | 6, 7, 13 | 2 | Anchorage Self Storage Portfolio | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
20.01 | Property | | 1 | A Sentry Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
20.02 | Property | | 1 | Top Shelf Storage | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
21 | Loan | 14 | 1 | Oakmead Village Office | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
22 | Loan | | 1 | Orange Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
23 | Loan | 15, 16, 17, 18, F | 1 | The Knolls Cooperative Section No. 1, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | 750,000 | 53,440,000 | 12.2% | 0.0% | 0 | 0 | 0 | NAP |
24 | Loan | | 1 | 100 Marketplace | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
25 | Loan | 16, 17, 18, F | 1 | Mutual Housing Association, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 34,500,000 | 17.6% | 0.0% | 0 | 0 | 0 | NAP |
Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) | Coop - Committed Secondary Debt | Coop - Rental Value | Coop - LTV as Rental | Coop - Unsold Percent | Coop - Sponsor Units | Coop - Investor Units | Coop - Coop Units | Coop - Sponsor/ Investor Carry |
26 | Loan | | 1 | Big Oaks Mini Storage | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
27 | Loan | | 1 | Corner Village at Warren | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
28 | Loan | 16, 17, 18, F | 1 | 4601 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 13,000,000 | 39.4% | 35.4% | 0 | 17 | 0 | 156,193 |
29 | Loan | 16, 17, 18, F | 1 | Hugh Grant Gardens Housing Development Fund Corporation | NAP | NAP | NAP | NAP | NAP | NAP | 1,000,000 | 29,850,000 | 16.8% | 8.0% | 0 | 0 | 11 | NAP |
30 | Loan | 16, 17, 18, F | 1 | 315 West 232nd Street Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 18,700,000 | 20.3% | 1.4% | 0 | 1 | 0 | 7,184 |
31 | Loan | | 1 | Mercury Self-Storage | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
32 | Loan | 16, 17, 18, F | 1 | 3030 Johnson Avenue Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 750,000 | 12,300,000 | 28.4% | 10.2% | 6 | 0 | 0 | 21,212 |
33 | Loan | 16, 17, 18, F | 1 | 31171 Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 250,000 | 42,600,000 | 7.5% | 4.4% | 2 | 0 | 2 | -5,297 |
34 | Loan | | 1 | Right Move Storage- Fort Worth Northwest | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
35 | Loan | | 1 | Spring Self Storage | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
36 | Loan | | 1 | Don-Mar MHC | NAP | NAP | NAP | NAP | NAP | NAP | | | | | | | | |
37 | Loan | 16, 17, 18, F | 1 | Florence Court Corporation | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 21,200,000 | 9.4% | 6.9% | 2 | 0 | 0 | -16,281 |
38 | Loan | 16, 17, 18, F | 1 | Ketcham Street Tenants Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 250,000 | 14,230,000 | 13.4% | 4.7% | 0 | 0 | 3 | NAP |
39 | Loan | 16, 17, 18, F | 1 | Steven Lee House, Inc. | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 18,200,000 | 10.4% | 20.5% | 0 | 16 | 0 | 162,291 |
40 | Loan | 16, 17, 18, F | 1 | 339 East 58th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 18,200,000 | 10.4% | 0.0% | 0 | 0 | 0 | NAP |
41 | Loan | 16, 17, 18, F | 1 | 35 Summit Avenue Owners, Ltd. | NAP | NAP | NAP | NAP | NAP | NAP | 250,000 | 16,000,000 | 10.9% | 0.0% | 0 | 0 | 0 | NAP |
42 | Loan | 16, 17, 18, F | 1 | 235 West 108th Street Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 500,000 | 18,700,000 | 8.0% | 0.0% | 0 | 0 | 0 | NAP |
43 | Loan | 16, 17, 18, F | 1 | 61 Horatio Street Apartment Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 250,000 | 11,300,000 | 9.7% | 14.7% | 5 | 0 | 0 | -24,795 |
44 | Loan | 16, 17, 18, F | 1 | Park East Owners Corp. | NAP | NAP | NAP | NAP | NAP | NAP | 100,000 | 13,500,000 | 7.4% | 0.0% | 0 | 0 | 0 | NAP |
BANK 2022-BNK42
Footnotes to Annex A-1
(1) | BANA—Bank of America, National Association; WFB—Wells Fargo Bank, National Association; MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; NCB—National Cooperative Bank, N.A.; NCCB—National Consumer Cooperative Bank. |
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(2) | Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that individually or together with their affiliates occupy 50% or more of the net rentable area of related Mortgaged Properties, which, in each case, are not in occupancy or are in free rent periods. |
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(3) | The Administrative Fee 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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(4) | Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that occupy 50% or more of the net rentable area of the related Mortgaged Properties. |
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(5) | With respect to Mortgage Loan No. 1, Constitution Center, Mortgage Loan No. 2, Hilton Sandestin Beach Resort, Mortgage Loan No. 3, 79 Fifth Avenue, Mortgage Loan No. 4, 2355 and 2383 Utah Ave, Mortgage Loan No. 6, Dallas Design District, Mortgage Loan No. 8, Nut Tree Plaza, and Mortgage Loan No. 9, Pacific View, each such Mortgage Loan is part of a whole loan related to the Issuing Entity. For further information, with respect to each serviced whole loan, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans” and “Pooling and Servicing Agreement”, and with respect to each non-serviced whole loan, see “Description of the Mortgage Pool—The Whole Loans—The Non-Serviced Pari Passu Whole Loans”, “—The Non-Serviced A/B Whole Loans—Constitution Center Pari Passu-A/B Whole Loan”, as applicable, and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans” and “—Servicing of the Servicing Shift Mortgage Loans” in this prospectus. |
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(6) | With respect to Mortgage Loan No. 6, Dallas Design District, Mortgage Loan No. 12, Rivercrest Retail Portfolio, Mortgage Loan No. 17, AmeriLux Portfolio, Mortgage Loan No. 19, Mohave Self Storage Portfolio, and Mortgage Loan No. 20, Anchorage Self Storage Portfolio, each such Mortgage Loan is secured by multiple mortgaged properties. For purposes of the statistical information set forth in this preliminary prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms/Pads calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or UW NCF, among other methods. |
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(7) | With respect to Mortgage Loan No. 5, Bay View Seaside MHC, Mortgage Loan No. 6, Dallas Design District, Mortgage Loan No. 8, Nut Tree Plaza, Mortgage Loan No. 10, Midtown Shopping Center, Mortgage Loan No. 17, AmeriLux Portfolio, Mortgage Loan No. 19, Mohave Self Storage Portfolio, and Mortgage Loan No. 20, Anchorage Self Storage Portfolio, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, and/or other release conditions, in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this prospectus. |
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(8) | With respect to Mortgage Loan No. 4, 2355 and 2383 Utah Ave, the related loan documents permit one or more outparcel or other releases without prepayment or defeasance. With respect to Mortgage Loan No. 9, Pacific View, the related loan documents permit one or more outparcel or other releases with prepayment or defeasance, if there are sale proceeds. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases; Property Additions” in this prospectus. |
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(9) | With respect to Mortgage Loan No. 1, Constitution Center, the Appraised Value constitutes the hypothetical As Is value of $914,000,000, which is based on the assumption that a capital reserve account is established to address the GSA’s free rent under its lease agreement dated April 30, 2021 with a lease commencement date of May 1, 2022. At origination, the borrower deposited $14,343,252 into a free rent reserve. The Appraised Value per SF, Cut-off Date LTV Ratio and Maturity Date LTV Ratio, based on the “As Is” value, without the assumption that such capital reserve account is established, of $900,000,000 as of December 29, 2021, for the Constitution Center Senior Loans are $638, 44.2%, and 44.2%, respectively, and for the Constitution Center Whole Loan are $638, 50.0% and 50.0%, respectively. |
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(10) | With respect to Mortgage Loan No. 2, Hilton Sandestin Beach Resort, the Appraised Value represents the As if Renovated/Stabilized, which assumes that the property improvement plan has been completed and is operating at a stabilized capacity as of the date of the value. The estimated cost of all property renovation work was reserved at loan origination. |
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(11) | With respect to Mortgage Loan No. 5, Bay View Seaside MHC, the related mortgaged property is operated similarly to a multifamily residential development in that the borrower owns both the homes and the pads, which are then leased to the tenants. |
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(12) | With respect to Mortgage Loan No. 17, AmeriLux Portfolio, the Appraised Value of $27,700,000 represents a portfolio value, which includes an approximately 0.9% portfolio premium over the aggregate individual appraised values of $27,450,000. Based |
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| on the aggregate “as is” value of the mortgaged properties, the Cut-off Date LTV Ratio and Maturity Date LTV Ratio would each be 49.2%. |
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(13) | With respect to Mortgage Loan No. 20, Anchorage Self Storage Portfolio, the Appraised Value represents a portfolio value, which includes an approximately 3.9% portfolio premium over the aggregate individual appraised values of $15,630,000. Based on the aggregate “as is” value of the mortgaged properties, the Cut-off Date LTV Ratio and Maturity Date LTV Ratio would each be 63.4%. |
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(14) | With respect to Mortgage Loan No. 21, Oakmead Village Office, the Appraised Value represents the Hypothetical Value which assumes the signed lease once fully executed with Qualcomm Inc. has been provided. Said lease has been signed and has commenced with the tenant making payments. Additionally all estimated tenant improvement work costs were reserved for at loan origination. |
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(15) | With respect to Mortgage Loan No. 23, The Knolls Cooperative Section No. 1, Inc., the property consists of two separate parcels, tax lots 40 and 42. The borrower owns a fee interest in the parking lot located on tax lot 40 and possesses a leasehold interest in the land and improvements located on tax lot 42 (60 and 80 Knolls Crescent). The subject mortgage encumbers both the borrower’s fee interest in tax lot 40 and the borrower’s leasehold interest in tax lot 42. |
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(16) | With respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the residential cooperative Mortgage Loans sold to the trust, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor or is shown same as the borrower in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the residential cooperative Mortgage Loans sold to the trust and is, instead, reflected as not applicable (NAP). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the residential cooperative Mortgage Loans sold to the trust. In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow. |
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(17) | With respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance” and “Subordinate Companion Loan Interest Rate” also includes relevant information regarding the subordinate lines of credit corresponding to such loans, although those subordinate lines of credit are not considered Companion Loans. See the chart column entitled “Non-Trust Mortgage Loan Interest Rate” under “Risk Factors — Other Secured Indebtedness — Additional Debt Secured by Residential Cooperative Properties” in this prospectus. |
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(18) | With respect to the residential cooperative Mortgage Loans, National Cooperative Bank, N.A., does not generally track whether a borrower has obtained a Small Business Association Paycheck Protection Program Loan. Accordingly, with respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., none of the information presented in Annex A-1 accounts for whether the related borrower may have obtained such a loan. |
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A. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) one percent (1%) of the principal amount of the Loan being prepaid or (b) the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (i) the Interest Rate and (ii) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
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B. | “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to one percent (1%) of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator |
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| is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s reasonable calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error. |
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C. | “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to 1% of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Prepayment Date (assuming the outstanding principal balance of the Loan is due on the Open Prepayment Date), from the Open Prepayment Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Prepayment Date (or if two or more such securities have maturity dates equally close to the Open Prepayment Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium shall be conclusive and binding on Borrower absent manifest error. |
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D. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the first (1st) Business Day of the Open Period determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
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E. | “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the first day of the Open Period determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Open Period. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise. |
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F. | “Yield Maintenance Premium” is equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate on this Note the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness evidenced by this Note or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium will be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance of this Note |
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| prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula: (1 - (1 + r)^(-n/12)) / r r = Yield Rate n = the number of months remaining between (1) either of the following: (x) in the case of a voluntary prepayment, the last day of the month during which the prepayment is made, or (y) in any other case, the date on which Payee accelerates the unpaid principal balance of this Note and (2) the Yield Maintenance Period End Date. As used herein, the “Yield Rate” means the yield calculated by interpolating the yields for the immediately shorter and longer term U.S. “Treasury constant maturities” (as reported in the Federal Reserve Statistical Release H.15 Selected Interest Rates (the “Fed Release”) under the heading “U.S. government securities”) closest to the remaining term of the Yield Maintenance Period Term, as follows (rounded to three decimal places): (((a-b) / (x-y)) x (z-y)) + b a = the yield for the longer U.S. Treasury constant maturity b = the yield for the shorter U.S. Treasury constant maturity x = the term of the longer U.S. Treasury constant maturity y = the term of the shorter U.S. Treasury constant maturity z = “n” (as defined in the present value factor calculation above) divided by 12. Notwithstanding any provision to the contrary, if “z” equals a term reported under the U.S. “Treasury constant maturities” subheading in the Fed Release, the yield for such term will be used, and interpolation will not be necessary. If publication of the Fed Release is discontinued by the Federal Reserve Board, Payee will determine the Yield Rate from another source selected by Payee. Any determination of the Yield Rate by Payee will be binding absent manifest error. |