Deutsche Mortgage & Asset Receiving FWP Free writing prospectus

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-193376-06


	COMM 2014-UBS3 The depositor has filed a registration statement (including the prospectus) with the SEC (SEC File No. 333-193376) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Deutsche Bank Securities Inc., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by email to the following address: prospectus.cpdg@db.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us. This free writing prospectus does not contain all information that is required to be included in the prospectus and the prospectus supplement. STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION This material is for your information, and none of Deutsche Bank Securities Inc., UBS Securities LLC, Natixis Securities Americas LLC, KeyBanc Capital Markets Inc., Drexel Hamilton, LLC, Goldman, Sachs & Co. or any other underwriter (the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series COMM 2014-UBS3 (the “Offering Document”). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The information contained herein will be more fully described elsewhere in the Offering Document. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense. The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Underwriters or any of their respective affiliates makes any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. This document contains forward-looking statements. Those statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the issuer undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the issuer’s view only as of the date hereof. IRS CIRCULAR 230 NOTICE: THIS FREE WRITING PROSPECTUS IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING U.S. FEDERAL, STATE OR LOCAL TAX PENALTIES. THIS FREE WRITING PROSPECTUS IS WRITTEN AND PROVIDED IN CONNECTION WITH THE PROMOTION OR MARKETING BY THE DEPOSITOR AND THE UNDERWRITERS OF THE TRANSACTION OR MATTERS ADDRESSED HEREIN. INVESTORS SHOULD SEEK ADVICE BASED ON THEIR PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR. IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of		Mortgage	Mortgage		Cut-off	Maturity	General	Detailed
Property			Initial Pool	# of	Loan	Loan	Original	Date	or ARD	Property	Property	Interest	Total	Additional	Administrative
Flag	ID	Property Name	Balance	Properties	Originator(1)	Seller(2)	Balance($)(3)(4)	Balance($)(3)(4)	Balance($)	Type	Type	Rate(6)	Strip	Strip	Fee Rate(7)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%	1	GACC	GACC	105,000,000	105,000,000	105,000,000	Retail	Anchored	4.5280%	0.0148%	0.0000%	0.0148%
Loan	2	State Farm Portfolio(27)(28)	9.5%	14	UBSRES	UBSRES	100,000,000	100,000,000	100,000,000	Office	Suburban	4.6266%	0.0148%	0.0000%	0.0148%
Property	2.01	Charlottesville State Farm Office	1.3%	1	UBSRES	UBSRES	13,497,500	13,497,500		Office	Suburban
Property	2.02	Murfreesboro State Farm Office	1.1%	1	UBSRES	UBSRES	11,868,173	11,868,173		Office	Suburban
Property	2.03	Ballston Spa State Farm Office	1.0%	1	UBSRES	UBSRES	10,646,177	10,646,177		Office	Suburban
Property	2.04	Birmingham State Farm Office	0.9%	1	UBSRES	UBSRES	9,720,422	9,720,422		Office	Suburban
Property	2.05	Tulsa State Farm Office	0.8%	1	UBSRES	UBSRES	8,609,517	8,609,517		Office	Suburban
Property	2.06	Columbia State Farm Office	0.8%	1	UBSRES	UBSRES	8,572,487	8,572,487		Office	Suburban
Property	2.07	Jacksonville State Farm Office	0.8%	1	UBSRES	UBSRES	8,516,941	8,516,941		Office	Suburban
Property	2.08	Lincoln North State Farm Office	0.6%	1	UBSRES	UBSRES	6,258,100	6,258,100		Office	Suburban
Property	2.09	Greeley Central State Farm Office	0.5%	1	UBSRES	UBSRES	5,647,102	5,647,102		Office	Suburban
Property	2.10	New Albany State Farm Office	0.5%	1	UBSRES	UBSRES	4,832,438	4,832,438		Office	Suburban
Property	2.11	Lincoln South State Farm Office	0.3%	1	UBSRES	UBSRES	3,591,928	3,591,928		Office	Suburban
Property	2.12	Greeley South State Farm Office	0.3%	1	UBSRES	UBSRES	3,092,020	3,092,020		Office	Suburban
Property	2.13	Kalamazoo State Farm Office	0.2%	1	UBSRES	UBSRES	2,629,143	2,629,143		Office	Suburban
Property	2.14	Greeley North State Farm Office	0.2%	1	UBSRES	UBSRES	2,518,052	2,518,052		Office	Suburban
Loan	3	Equitable Plaza	9.0%	1	GACC	GACC	95,000,000	95,000,000	87,099,072	Office	CBD	4.6100%	0.0170%	0.0000%	0.0170%
Loan	4	Southfield Town Center(27)	7.6%	1	GACC	GACC	80,000,000	80,000,000	70,434,100	Office	Suburban	4.7500%	0.1108%	0.0000%	0.1108%
Loan	5	Sixty LES	5.9%	1	Natixis	Natixis	62,250,000	62,250,000	60,566,224	Hospitality	Full Service	5.3200%	0.0170%	0.0000%	0.0170%
Loan	6	1100 Superior Avenue(29)	5.0%	1	UBSRES	UBSRES	52,500,000	52,500,000	45,031,481	Office	CBD	4.6600%	0.0170%	0.0000%	0.0170%
Loan	7	Solo Cup	4.5%	1	UBSRES	UBSRES	47,250,000	47,250,000	47,250,000	Industrial	Warehouse/Distribution	5.0677%	0.0170%	0.0000%	0.0170%
Loan	8	Hilton Charlotte University Place	4.3%	1	GACC	GACC	45,000,000	44,947,797	41,259,318	Hospitality	Full Service	4.6200%	0.0170%	0.0000%	0.0170%
Loan	9	Sunrise Hospitality Portfolio	3.2%	5	UBSRES	UBSRES	34,000,000	33,962,103	27,770,020	Hospitality	Limited Service	4.7950%	0.0170%	0.0000%	0.0170%
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%	1	UBSRES	UBSRES	11,550,000	11,537,126		Hospitality	Limited Service
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%	1	UBSRES	UBSRES	8,250,000	8,240,805		Hospitality	Limited Service
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%	1	UBSRES	UBSRES	5,630,000	5,623,725		Hospitality	Limited Service
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%	1	UBSRES	UBSRES	4,970,000	4,964,460		Hospitality	Limited Service
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%	1	UBSRES	UBSRES	3,600,000	3,595,987		Hospitality	Limited Service
Loan	10	Village Square and Deerpath Court	2.9%	2	UBSRES	UBSRES	31,000,000	31,000,000	28,382,219	Retail	Anchored	4.5225%	0.0170%	0.0000%	0.0170%
Property	10.01	Village Square	1.8%	1	UBSRES	UBSRES	19,098,214	19,098,214		Retail	Anchored
Property	10.02	Deerpath Court	1.1%	1	UBSRES	UBSRES	11,901,786	11,901,786		Retail	Anchored
Loan	11	Newport Commons(31)	2.7%	1	GACC	GACC	28,650,000	28,650,000	24,677,101	Multifamily	Garden	4.8200%	0.0170%	0.0000%	0.0170%
Loan	12	Preserve at Grande Oaks	2.6%	1	GACC	GACC	27,400,000	27,400,000	24,150,739	Multifamily	Garden	4.8000%	0.0170%	0.0000%	0.0170%
Loan	13	Pine Haven RV Park	2.4%	1	UBSRES	UBSRES	25,000,000	25,000,000	20,880,244	Manufactured Housing Community	Recreational Vehicle Community	5.4900%	0.0170%	0.0000%	0.0170%
Loan	14	Westgate Plaza	2.4%	1	KeyBank	KeyBank	25,000,000	24,972,804	20,490,536	Retail	Anchored	4.9000%	0.0220%	0.0000%	0.0220%
Loan	15	Enclave at Prestonwood	2.2%	1	GACC	GACC	23,760,000	23,760,000	21,012,147	Multifamily	Garden	4.9500%	0.0170%	0.0000%	0.0170%
Loan	16	Capstar Plaza	2.2%	1	Natixis	Natixis	22,750,000	22,750,000	22,750,000	Other	Leased Fee	4.8500%	0.0170%	0.0000%	0.0170%
Loan	17	Florida Multifamily Portfolio	2.0%	5	GACC	GACC	20,940,000	20,940,000	18,040,150	Multifamily	Garden	4.8300%	0.0170%	0.0000%	0.0170%
Property	17.01	Shadowood Apartments	0.5%	1	GACC	GACC	5,775,000	5,775,000		Multifamily	Garden
Property	17.02	University Square Apartments	0.4%	1	GACC	GACC	4,222,500	4,222,500		Multifamily	Garden
Property	17.03	Terrace Trace Apartments	0.4%	1	GACC	GACC	4,117,500	4,117,500		Multifamily	Garden
Property	17.04	Hidden Acres Apartments	0.4%	1	GACC	GACC	3,900,000	3,900,000		Multifamily	Garden
Property	17.05	Pinellas Pines Apartments	0.3%	1	GACC	GACC	2,925,000	2,925,000		Multifamily	Garden
Loan	18	North Penn Business Park	2.0%	1	Natixis	Natixis	20,800,000	20,753,198	17,126,143	Industrial	Warehouse	5.0410%	0.0170%	0.0000%	0.0170%
Loan	19	Cincinnati Multifamily Portfolio	1.4%	4	GACC	GACC	14,310,000	14,267,001	10,867,590	Multifamily	Various	5.4300%	0.0170%	0.0000%	0.0170%
Property	19.01	Alms Hills	0.4%	1	GACC	GACC	4,483,943	4,470,470		Multifamily	High Rise
Property	19.02	Reids Valley	0.4%	1	GACC	GACC	4,462,489	4,449,080		Multifamily	Garden
Property	19.03	Shelton Gardens	0.3%	1	GACC	GACC	3,246,746	3,236,990		Multifamily	Garden
Property	19.04	Lima Club	0.2%	1	GACC	GACC	2,116,822	2,110,461		Multifamily	Garden
Loan	20	Rochester Gas & Electric	1.2%	1	Natixis	Natixis	13,200,000	13,180,214	9,925,687	Industrial	Warehouse	5.1500%	0.0170%	0.0000%	0.0170%
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%	1	Natixis	Natixis	12,500,000	12,500,000	11,037,308	Hospitality	Limited Service	4.8800%	0.0170%	0.0000%	0.0170%
Loan	22	3350 George Washington Way	1.1%	1	Natixis	Natixis	11,750,000	11,723,721	9,683,754	Office	Suburban	5.0700%	0.0170%	0.0000%	0.0170%
Loan	23	Drummer Boy RV Park	1.1%	1	UBSRES	UBSRES	11,550,000	11,550,000	9,646,673	Manufactured Housing Community	Recreational Vehicle Community	5.4900%	0.0170%	0.0000%	0.0170%
Loan	24	Aspen Woods Apartments	0.9%	1	UBSRES	UBSRES	9,600,000	9,600,000	8,277,411	Multifamily	Garden	4.8605%	0.0170%	0.0000%	0.0170%
Loan	25	Cypress Courtyard	0.9%	1	UBSRES	UBSRES	9,500,000	9,500,000	8,150,697	Retail	Shadow Anchored	4.6700%	0.0170%	0.0000%	0.0170%
Loan	26	Chatham Grove Apartments	0.8%	1	Natixis	Natixis	8,400,000	8,391,931	7,001,083	Multifamily	Garden	5.4200%	0.0170%	0.0000%	0.0170%
Loan	27	Hilltop Shopping Center	0.8%	1	Natixis	Natixis	8,100,000	8,091,772	6,701,963	Retail	Shadow Anchored	5.1900%	0.0170%	0.0000%	0.0170%
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%	1	KeyBank	KeyBank	6,900,000	6,892,650	5,672,168	Hospitality	Limited Service	4.9900%	0.0220%	0.0000%	0.0220%
Loan	29	Academy Sports	0.6%	1	KeyBank	KeyBank	6,614,000	6,614,000	5,853,348	Retail	Single Tenant	4.6800%	0.0220%	0.0000%	0.0220%
Loan	30	Phoenix Point Townhomes(29)	0.6%	1	GACC	GACC	5,850,000	5,843,412	4,770,879	Multifamily	Garden	4.7500%	0.0170%	0.0000%	0.0170%

A-1-1

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of		Mortgage	Mortgage		Cut-off	Maturity	General	Detailed
Property			Initial Pool	# of	Loan	Loan	Original	Date	or ARD	Property	Property	Interest	Total	Additional	Administrative
Flag	ID	Property Name	Balance	Properties	Originator(1)	Seller(2)	Balance($)(3)(4)	Balance($)(3)(4)	Balance($)	Type	Type	Rate(6)	Strip	Strip	Fee Rate(7)
Loan	31	Kona and Kailua Self Storage Portfolio	0.5%	2	KeyBank	KeyBank	5,775,000	5,775,000	4,693,519	Self Storage	Self Storage	4.6500%	0.0220%	0.0000%	0.0220%
Property	31.01	Kailua Self Storage	0.4%	1	KeyBank	KeyBank	3,775,000	3,775,000		Self Storage	Self Storage
Property	31.02	Kona Self Storage	0.2%	1	KeyBank	KeyBank	2,000,000	2,000,000		Self Storage	Self Storage
Loan	32	Woodbridge Apartments	0.5%	1	Natixis	Natixis	5,650,000	5,637,417	5,217,861	Multifamily	Garden	5.0900%	0.0170%	0.0000%	0.0170%
Loan	33	Dollar General Portfolio	0.5%	4	KeyBank	KeyBank	5,630,000	5,623,932	4,620,563	Retail	Single Tenant	4.9400%	0.0220%	0.0000%	0.0220%
Property	33.01	Dollar General - Punta Gorda	0.1%	1	KeyBank	KeyBank	1,501,000	1,499,382		Retail	Single Tenant
Property	33.02	Dollar General - Cape Coral	0.1%	1	KeyBank	KeyBank	1,416,000	1,414,474		Retail	Single Tenant
Property	33.03	Dollar General - Davenport	0.1%	1	KeyBank	KeyBank	1,365,000	1,363,529		Retail	Single Tenant
Property	33.04	Dollar General - Winter Haven	0.1%	1	KeyBank	KeyBank	1,348,000	1,346,547		Retail	Single Tenant
Loan	34	Walgreens, CVS, O’Reilly Auto Portfolio	0.5%	3	KeyBank	KeyBank	5,625,000	5,618,371	4,556,370	Retail	Single Tenant	4.5500%	0.0220%	0.0000%	0.0220%
Property	34.01	Walgreens - Trenton, OH	0.2%	1	KeyBank	KeyBank	2,500,000	2,497,054		Retail	Single Tenant
Property	34.02	CVS - Port St. Joe, FL	0.2%	1	KeyBank	KeyBank	2,325,000	2,322,260		Retail	Single Tenant
Property	34.03	O’Reilly Auto - Kokomo, IN	0.1%	1	KeyBank	KeyBank	800,000	799,057		Retail	Single Tenant
Loan	35	Fairfield Inn & Suites by Marriott	0.5%	1	Natixis	Natixis	5,400,000	5,392,314	4,101,328	Hospitality	Limited Service	5.4300%	0.0170%	0.0000%	0.0170%
Loan	36	Walnut Ranch Apartments	0.5%	1	Natixis	Natixis	5,300,000	5,300,000	4,722,331	Multifamily	Garden	5.3000%	0.0170%	0.0000%	0.0170%
Loan	37	Cholla Ranch Apartments	0.5%	1	GACC	GACC	5,230,000	5,230,000	4,380,295	Multifamily	Garden	4.7200%	0.0170%	0.0000%	0.0170%
Loan	38	Casa Maribela	0.5%	1	UBSRES	UBSRES	5,100,000	5,087,907	4,688,259	Multifamily	Garden	4.7875%	0.0170%	0.0000%	0.0170%
Loan	39	Radcliff Square Shopping Center	0.5%	1	Natixis	Natixis	5,000,000	4,995,030	4,148,929	Retail	Anchored	5.2800%	0.0170%	0.0000%	0.0170%
Loan	40	Prospect West	0.5%	1	KeyBank	KeyBank	4,935,000	4,935,000	4,155,307	Office	Suburban	4.9000%	0.0220%	0.0000%	0.0220%
Loan	41	Downers Grove Industrial	0.5%	1	KeyBank	KeyBank	4,800,000	4,794,839	3,940,677	Industrial	Flex	4.9500%	0.0220%	0.0000%	0.0220%
Loan	42	Country Market	0.5%	1	Natixis	Natixis	4,800,000	4,784,545	3,969,049	Retail	Single Tenant	5.1700%	0.0170%	0.0000%	0.0170%
Loan	43	Addison Place	0.4%	1	UBSRES	UBSRES	4,600,000	4,595,129	3,784,540	Retail	Shadow Anchored	5.0150%	0.0170%	0.0000%	0.0170%
Loan	44	Baymeadows	0.4%	1	Natixis	Natixis	4,500,000	4,456,738	3,681,174	Multifamily	Garden	4.8500%	0.0170%	0.0000%	0.0170%
Loan	45	Executive Center IV	0.4%	1	UBSRES	UBSRES	4,225,000	4,215,737	3,492,738	Office	Suburban	5.1650%	0.0170%	0.0000%	0.0170%
Loan	46	La Quinta - Savannah Airport	0.4%	1	UBSRES	UBSRES	4,050,000	4,033,510	3,129,159	Hospitality	Limited Service	5.9235%	0.0170%	0.0000%	0.0170%
Loan	47	Holiday Inn Staunton Conference Center	0.4%	1	Natixis	Natixis	4,000,000	3,994,538	3,597,154	Hospitality	Full Service	5.6500%	0.0170%	0.0000%	0.0170%
Loan	48	Shoppes at Carol Stream	0.4%	1	Natixis	Natixis	3,825,000	3,813,058	2,881,151	Retail	Unanchored	5.2000%	0.0170%	0.0000%	0.0170%
Loan	49	Coral Springs Apartment Portfolio	0.3%	2	Natixis	Natixis	3,450,000	3,438,622	2,842,619	Multifamily	Garden	5.0600%	0.0170%	0.0000%	0.0170%
Property	49.01	Castlewood Townhome Apartments	0.2%	1	Natixis	Natixis	2,000,000	1,993,404		Multifamily	Garden
Property	49.02	Glenwood Apartments	0.1%	1	Natixis	Natixis	1,450,000	1,445,218		Multifamily	Garden

A-1-2

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of	Interest	Original	Remaining	Original	Remaining		First				Monthly	Annual	Pari Passu Companion Loan	Pari Passu Companion Loan
Property			Initial Pool	Accrual	Term to	Term to	Amortization	Amortization	Origination	Payment	Maturity or	ARD Loan	Final	Debt	Debt	Monthly Debt	Annual Debt
Flag	ID	Property Name	Balance	Basis	Maturity or ARD	Maturity or ARD	Term	Term	Date	Date	ARD Date	(Yes/No)(6)	Maturity Date	Service($)(8)	Service($)(8)	Service($)(8)	Service($)(8)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%	Actual/360	120	119	0	0	04/15/2014	06/06/2014	05/06/2024	No	05/06/2024	401,703	4,820,433	1,052,079	12,624,944
Loan	2	State Farm Portfolio(27)(28)	9.5%	Actual/360	120	118	0	0	04/01/2014	05/06/2014	04/06/2024	Yes	04/06/2029	390,905	4,690,858	1,108,215	13,298,583
Property	2.01	Charlottesville State Farm Office	1.3%
Property	2.02	Murfreesboro State Farm Office	1.1%
Property	2.03	Ballston Spa State Farm Office	1.0%
Property	2.04	Birmingham State Farm Office	0.9%
Property	2.05	Tulsa State Farm Office	0.8%
Property	2.06	Columbia State Farm Office	0.8%
Property	2.07	Jacksonville State Farm Office	0.8%
Property	2.08	Lincoln North State Farm Office	0.6%
Property	2.09	Greeley Central State Farm Office	0.5%
Property	2.10	New Albany State Farm Office	0.5%
Property	2.11	Lincoln South State Farm Office	0.3%
Property	2.12	Greeley South State Farm Office	0.3%
Property	2.13	Kalamazoo State Farm Office	0.2%
Property	2.14	Greeley North State Farm Office	0.2%
Loan	3	Equitable Plaza	9.0%	Actual/360	120	120	360	360	05/07/2014	07/06/2014	06/06/2024	No	06/06/2024	487,580	5,850,961
Loan	4	Southfield Town Center(27)	7.6%	Actual/360	120	119	360	360	05/02/2014	06/06/2014	05/06/2024	No	05/06/2024	417,318	5,007,814	323,421	3,881,056
Loan	5	Sixty LES	5.9%	Actual/360	60	59	360	360	04/30/2014	06/05/2014	05/05/2019	No	05/05/2019	346,451	4,157,408
Loan	6	1100 Superior Avenue(29)	5.0%	Actual/360	120	119	360	360	05/01/2014	06/06/2014	05/06/2024	No	05/06/2024	271,024	3,252,289
Loan	7	Solo Cup	4.5%	Actual/360	120	116	0	0	02/03/2014	03/06/2014	02/06/2024	No	02/06/2024	202,312	2,427,745
Loan	8	Hilton Charlotte University Place	4.3%	Actual/360	60	59	360	359	04/10/2014	06/06/2014	05/06/2019	No	05/06/2019	231,228	2,774,738
Loan	9	Sunrise Hospitality Portfolio	3.2%	Actual/360	120	119	360	359	05/06/2014	06/06/2014	05/06/2024	No	05/06/2024	178,283	2,139,402
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%
Loan	10	Village Square and Deerpath Court	2.9%	Actual/360	120	118	360	360	04/09/2014	05/06/2014	04/06/2024	No	04/06/2024	157,487	1,889,846
Property	10.01	Village Square	1.8%
Property	10.02	Deerpath Court	1.1%
Loan	11	Newport Commons(31)	2.7%	Actual/360	120	119	360	360	04/16/2014	06/06/2014	05/06/2024	No	05/06/2024	150,663	1,807,958
Loan	12	Preserve at Grande Oaks	2.6%	Actual/360	120	119	360	360	05/01/2014	06/06/2014	05/06/2024	No	05/06/2024	143,758	1,725,100
Loan	13	Pine Haven RV Park	2.4%	Actual/360	120	120	360	360	05/12/2014	07/06/2014	06/06/2024	No	06/06/2024	141,790	1,701,485
Loan	14	Westgate Plaza	2.4%	Actual/360	120	119	360	359	04/24/2014	06/01/2014	05/01/2024	No	05/01/2024	132,682	1,592,180
Loan	15	Enclave at Prestonwood	2.2%	Actual/360	120	119	360	360	04/09/2014	06/06/2014	05/06/2024	No	05/06/2024	126,824	1,521,885
Loan	16	Capstar Plaza	2.2%	Actual/360	120	118	0	0	03/06/2014	05/05/2014	04/05/2024	Yes	04/05/2044	93,225	1,118,700
Loan	17	Florida Multifamily Portfolio	2.0%	Actual/360	120	118	360	360	03/31/2014	05/06/2014	04/06/2024	No	04/06/2024	110,245	1,322,940
Property	17.01	Shadowood Apartments	0.5%
Property	17.02	University Square Apartments	0.4%
Property	17.03	Terrace Trace Apartments	0.4%
Property	17.04	Hidden Acres Apartments	0.4%
Property	17.05	Pinellas Pines Apartments	0.3%
Loan	18	North Penn Business Park	2.0%	Actual/360	120	118	360	358	03/26/2014	05/05/2014	04/05/2024	No	04/05/2024	112,181	1,346,168
Loan	19	Cincinnati Multifamily Portfolio	1.4%	Actual/360	120	118	300	298	04/02/2014	05/06/2014	04/06/2024	Yes	04/06/2034	87,279	1,047,345
Property	19.01	Alms Hills	0.4%
Property	19.02	Reids Valley	0.4%
Property	19.03	Shelton Gardens	0.3%
Property	19.04	Lima Club	0.2%
Loan	20	Rochester Gas & Electric	1.2%	Actual/360	120	119	300	299	04/16/2014	06/05/2014	05/05/2024	Yes	05/05/2025	78,324	939,886
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%	Actual/360	120	119	360	360	04/10/2014	06/05/2014	05/05/2024	No	05/05/2024	66,189	794,268
Loan	22	3350 George Washington Way	1.1%	Actual/360	120	118	360	358	04/03/2014	05/05/2014	04/05/2024	No	04/05/2024	63,580	762,962
Loan	23	Drummer Boy RV Park	1.1%	Actual/360	120	120	360	360	05/12/2014	07/06/2014	06/06/2024	No	06/06/2024	65,507	786,086
Loan	24	Aspen Woods Apartments	0.9%	Actual/360	120	119	360	360	04/24/2014	06/06/2014	05/06/2024	No	05/06/2024	50,720	608,634
Loan	25	Cypress Courtyard	0.9%	Actual/360	120	119	360	360	05/07/2014	06/06/2014	05/06/2024	No	05/06/2024	49,099	589,193
Loan	26	Chatham Grove Apartments	0.8%	Actual/360	120	119	360	359	05/01/2014	06/05/2014	05/05/2024	No	05/05/2024	47,274	567,282
Loan	27	Hilltop Shopping Center	0.8%	Actual/360	120	119	360	359	04/22/2014	06/05/2014	05/05/2024	No	05/05/2024	44,428	533,136
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%	Actual/360	120	119	360	359	05/01/2014	06/01/2014	05/01/2024	No	05/01/2024	36,999	443,982
Loan	29	Academy Sports	0.6%	Actual/360	120	119	300	300	04/10/2014	06/01/2014	05/01/2024	Yes	05/01/2029	37,442	449,301
Loan	30	Phoenix Point Townhomes(29)	0.6%	Actual/360	120	119	360	359	04/30/2014	06/06/2014	05/06/2024	No	05/06/2024	30,516	366,196

A-1-3

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of	Interest	Original	Remaining	Original	Remaining		First				Monthly	Annual	Pari Passu Companion Loan	Pari Passu Companion Loan
Property			Initial Pool	Accrual	Term to	Term to	Amortization	Amortization	Origination	Payment	Maturity or	ARD Loan	Final	Debt	Debt	Monthly Debt	Annual Debt
Flag	ID	Property Name	Balance	Basis	Maturity or ARD	Maturity or ARD	Term	Term	Date	Date	ARD Date	(Yes/No)(6)	Maturity Date	Service($)(8)	Service($)(8)	Service($)(8)	Service($)(8)
Loan	31	Kona and Kailua Self Storage Portfolio	0.5%	Actual/360	120	120	360	360	05/02/2014	07/01/2014	06/01/2024	No	06/01/2024	29,778	357,336
Property	31.01	Kailua Self Storage	0.4%
Property	31.02	Kona Self Storage	0.2%
Loan	32	Woodbridge Apartments	0.5%	Actual/360	60	58	360	358	03/06/2014	05/05/2014	04/05/2019	No	04/05/2019	30,642	367,703
Loan	33	Dollar General Portfolio	0.5%	Actual/360	120	119	360	359	05/01/2014	06/01/2014	05/01/2024	No	05/01/2024	30,017	360,203
Property	33.01	Dollar General - Punta Gorda	0.1%
Property	33.02	Dollar General - Cape Coral	0.1%
Property	33.03	Dollar General - Davenport	0.1%
Property	33.04	Dollar General - Winter Haven	0.1%
Loan	34	Walgreens, CVS, O’Reilly Auto Portfolio	0.5%	Actual/360	120	119	360	359	04/22/2014	06/01/2014	05/01/2024	Yes	05/01/2029	28,668	344,021
Property	34.01	Walgreens - Trenton, OH	0.2%
Property	34.02	CVS - Port St. Joe, FL	0.2%
Property	34.03	O’Reilly Auto - Kokomo, IN	0.1%
Loan	35	Fairfield Inn & Suites by Marriott	0.5%	Actual/360	120	119	300	299	04/16/2014	06/05/2014	05/05/2024	No	05/05/2024	32,935	395,224
Loan	36	Walnut Ranch Apartments	0.5%	Actual/360	120	118	360	360	03/28/2014	05/05/2014	04/05/2024	No	04/05/2024	29,431	353,174
Loan	37	Cholla Ranch Apartments	0.5%	Actual/360	120	119	360	360	04/16/2014	06/06/2014	05/06/2024	No	05/06/2024	27,188	326,252
Loan	38	Casa Maribela	0.5%	Actual/360	60	58	360	358	03/28/2014	05/06/2014	04/06/2019	No	04/06/2019	26,719	320,633
Loan	39	Radcliff Square Shopping Center	0.5%	Actual/360	120	119	360	359	04/21/2014	06/05/2014	05/05/2024	No	05/05/2024	27,703	332,438
Loan	40	Prospect West	0.5%	Actual/360	120	119	360	360	04/22/2014	06/01/2014	05/01/2024	No	05/01/2024	26,191	314,296
Loan	41	Downers Grove Industrial	0.5%	Actual/360	120	119	360	359	05/01/2014	06/01/2014	05/01/2024	No	05/01/2024	25,621	307,452
Loan	42	Country Market	0.5%	Actual/360	120	117	360	357	02/28/2014	04/05/2014	03/05/2024	No	03/05/2024	26,268	315,221
Loan	43	Addison Place	0.4%	Actual/360	120	119	360	359	04/30/2014	06/06/2014	05/06/2024	No	05/06/2024	24,736	296,832
Loan	44	Baymeadows	0.4%	Actual/360	120	112	360	352	10/03/2013	11/05/2013	10/05/2023	No	10/05/2023	23,746	284,954
Loan	45	Executive Center IV	0.4%	Actual/360	120	118	360	358	03/31/2014	05/06/2014	04/06/2024	No	04/06/2024	23,109	277,304
Loan	46	La Quinta - Savannah Airport	0.4%	Actual/360	120	117	300	297	03/07/2014	04/06/2014	03/06/2024	No	03/06/2024	25,905	310,862
Loan	47	Holiday Inn Staunton Conference Center	0.4%	Actual/360	60	59	300	299	04/28/2014	06/05/2014	05/05/2019	No	05/05/2019	24,923	299,077
Loan	48	Shoppes at Carol Stream	0.4%	Actual/360	120	118	300	298	03/31/2014	05/05/2014	04/05/2024	No	04/05/2024	22,809	273,702
Loan	49	Coral Springs Apartment Portfolio	0.3%	Actual/360	120	117	360	357	02/28/2014	04/05/2014	03/05/2024	No	03/05/2024	18,647	223,765
Property	49.01	Castlewood Townhome Apartments	0.2%
Property	49.02	Glenwood Apartments	0.1%

A-1-4

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of	Remaining			Crossed								FIRREA	Cut-Off	LTV Ratio
Property			Initial Pool	Interest Only		Cash	With	Related	Underwritten	Underwritten	Grace	Payment	Appraised	Appraisal	Compliant	Date LTV	at Maturity or
Flag	ID	Property Name	Balance	Period	Lockbox(9)	Management(10)	Other Loans	Borrower	NOI DSCR(8)(11)	NCF DSCR(8)(11)	Period(12)	Date	Value ($)(13)	As-of Date	(Yes/No)	Ratio(11)(13)	ARD(11)(13)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%	119	Hard	In Place	No		1.75x	1.70x	0	6	600,000,000	01/07/2014	Yes	63.3%	63.3%
Loan	2	State Farm Portfolio(27)(28)	9.5%	118	Hard	In Place	No		2.03x	2.02x	0	6	540,100,000	03/01/2014	Yes	71.0%	71.0%
Property	2.01	Charlottesville State Farm Office	1.3%										72,900,000	03/01/2014	Yes
Property	2.02	Murfreesboro State Farm Office	1.1%										64,100,000	03/01/2014	Yes
Property	2.03	Ballston Spa State Farm Office	1.0%										57,500,000	03/01/2014	Yes
Property	2.04	Birmingham State Farm Office	0.9%										52,500,000	03/01/2014	Yes
Property	2.05	Tulsa State Farm Office	0.8%										46,500,000	03/01/2014	Yes
Property	2.06	Columbia State Farm Office	0.8%										46,300,000	03/01/2014	Yes
Property	2.07	Jacksonville State Farm Office	0.8%										46,000,000	03/01/2014	Yes
Property	2.08	Lincoln North State Farm Office	0.6%										33,800,000	03/01/2014	Yes
Property	2.09	Greeley Central State Farm Office	0.5%										30,500,000	03/01/2014	Yes
Property	2.10	New Albany State Farm Office	0.5%										26,100,000	03/01/2014	Yes
Property	2.11	Lincoln South State Farm Office	0.3%										19,400,000	03/01/2014	Yes
Property	2.12	Greeley South State Farm Office	0.3%										16,700,000	03/01/2014	Yes
Property	2.13	Kalamazoo State Farm Office	0.2%										14,200,000	03/01/2014	Yes
Property	2.14	Greeley North State Farm Office	0.2%										13,600,000	03/01/2014	Yes
Loan	3	Equitable Plaza	9.0%	60	Hard	Springing	No		1.49x	1.33x	0	6	150,500,000	03/12/2014	Yes	63.1%	57.9%
Loan	4	Southfield Town Center(27)	7.6%	35	Hard	In Place	No		2.00x	1.85x	0	6	181,000,000	03/13/2014	Yes	66.3%	56.9%
Loan	5	Sixty LES	5.9%	35	Hard	Springing	No		1.60x	1.49x	0	5	102,000,000	03/01/2014	Yes	61.0%	59.4%
Loan	6	1100 Superior Avenue(29)	5.0%	23	Hard	Springing	No		1.74x	1.54x	0	6	70,000,000	03/26/2014	Yes	75.0%	64.3%
Loan	7	Solo Cup	4.5%	116	Springing Hard	Springing	No		2.16x	2.01x	0	6	87,700,000	01/22/2014	Yes	53.9%	53.9%
Loan	8	Hilton Charlotte University Place	4.3%		Hard	Springing	No		2.05x	1.79x	0	6	65,000,000	03/01/2014	Yes	69.2%	63.5%
Loan	9	Sunrise Hospitality Portfolio	3.2%		Springing Hard	Springing	No		1.92x	1.72x	0	6	48,600,000	03/01/2014	Yes	69.9%	57.1%
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%										15,400,000	03/01/2014	Yes
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%										11,000,000	03/01/2014	Yes
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%										7,900,000	03/01/2014	Yes
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%										7,100,000	03/01/2014	Yes
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%										7,200,000	03/01/2014	Yes
Loan	10	Village Square and Deerpath Court	2.9%	58	Springing Hard	Springing	No		1.94x	1.78x	0	6	44,800,000	03/13/2014	Yes	69.2%	63.4%
Property	10.01	Village Square	1.8%										27,600,000	03/13/2014	Yes
Property	10.02	Deerpath Court	1.1%										17,200,000	03/13/2014	Yes
Loan	11	Newport Commons(31)	2.7%	23	Soft	In Place	No		1.32x	1.27x	0	6	42,000,000	03/04/2014	Yes	68.2%	58.8%
Loan	12	Preserve at Grande Oaks	2.6%	35	Springing Soft	Springing	No		1.32x	1.28x	0	6	38,000,000	03/21/2014	Yes	72.1%	63.6%
Loan	13	Pine Haven RV Park	2.4%		Hard	Springing	No	Yes - A	1.33x	1.32x	0	6	33,400,000	01/15/2014	Yes	74.9%	62.5%
Loan	14	Westgate Plaza	2.4%		Springing Hard	Springing	No		1.45x	1.33x	5	1	33,400,000	03/12/2014	Yes	74.8%	61.3%
Loan	15	Enclave at Prestonwood	2.2%	35	Soft	Springing	No		1.40x	1.32x	0	6	32,000,000	03/01/2015	Yes	74.3%	65.7%
Loan	16	Capstar Plaza	2.2%	118	Hard	Springing	No		1.26x	1.26x	0	5	26,100,000	04/14/2014	Yes	87.2%	87.2%
Loan	17	Florida Multifamily Portfolio	2.0%	22	Soft	Springing	No		1.59x	1.46x	0	6	27,920,000	Various	Yes	75.0%	64.6%
Property	17.01	Shadowood Apartments	0.5%										7,700,000	03/07/2014	Yes
Property	17.02	University Square Apartments	0.4%										5,630,000	03/04/2014	Yes
Property	17.03	Terrace Trace Apartments	0.4%										5,490,000	03/05/2014	Yes
Property	17.04	Hidden Acres Apartments	0.4%										5,200,000	03/07/2014	Yes
Property	17.05	Pinellas Pines Apartments	0.3%										3,900,000	03/07/2014	Yes
Loan	18	North Penn Business Park	2.0%		Hard	Springing	No		1.69x	1.47x	0	5	30,600,000	03/01/2014	Yes	67.8%	56.0%
Loan	19	Cincinnati Multifamily Portfolio	1.4%		Soft	Springing	No		1.65x	1.50x	0	6	20,010,000	Various	Yes	71.3%	54.3%
Property	19.01	Alms Hills	0.4%										6,270,000	02/19/2014	Yes
Property	19.02	Reids Valley	0.4%										6,240,000	02/18/2014	Yes
Property	19.03	Shelton Gardens	0.3%										4,540,000	02/19/2014	Yes
Property	19.04	Lima Club	0.2%										2,960,000	02/20/2014	Yes
Loan	20	Rochester Gas & Electric	1.2%		Soft Springing Hard	Springing	No		1.29x	1.20x	0	5	17,600,000	09/24/2013	Yes	74.9%	56.4%
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%	35	Hard	Springing	No		1.92x	1.73x	0	5	16,800,000	02/24/2014	Yes	74.4%	65.7%
Loan	22	3350 George Washington Way	1.1%		Hard	Springing	No		1.45x	1.38x	0	5	19,200,000	03/11/2014	Yes	61.1%	50.4%
Loan	23	Drummer Boy RV Park	1.1%		Hard	Springing	No	Yes - A	1.45x	1.42x	0	6	15,400,000	01/16/2014	Yes	75.0%	62.6%
Loan	24	Aspen Woods Apartments	0.9%	23	None	None	No		1.48x	1.38x	0	6	12,800,000	03/12/2014	Yes	75.0%	64.7%
Loan	25	Cypress Courtyard	0.9%	23	Hard	In Place	No		1.68x	1.57x	0	6	13,225,000	03/23/2014	Yes	71.8%	61.6%
Loan	26	Chatham Grove Apartments	0.8%		Soft	Springing	No		1.56x	1.42x	0	5	11,450,000	01/16/2014	Yes	73.3%	61.1%
Loan	27	Hilltop Shopping Center	0.8%		Hard	Springing	No		1.61x	1.45x	0	5	10,980,000	01/14/2014	Yes	73.7%	61.0%
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%		Soft	In Place	No		1.78x	1.43x	5	1	9,700,000	04/10/2014	Yes	71.1%	58.5%
Loan	29	Academy Sports	0.6%	59	Springing Hard	Springing	No	Yes - B	1.41x	1.31x	0	1	11,050,000	03/15/2014	Yes	59.9%	53.0%
Loan	30	Phoenix Point Townhomes(29)	0.6%		Soft	Springing	No		1.72x	1.60x	0	6	7,900,000	01/24/2014	Yes	74.0%	60.4%

A-1-5

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Remaining

Crossed

FIRREA

Cut-Off

LTV Ratio

Property

Initial Pool

Interest Only

Cash

With

Underwritten

Grace

Payment

Appraised

Appraisal

Compliant

Date LTV

at Maturity or

Flag

Property Name

Balance

Period

Lockbox(9)

Management(10)

Other Loans

Borrower

NOI DSCR(8)(11)

NCF DSCR(8)(11)

Period(12)

Date

Value ($)(13)

As-of Date

(Yes/No)

Ratio(11)(13)

ARD(11)(13)

Loan

Kona and Kailua Self Storage Portfolio

0.5%

None

1.67x

1.63x

8,100,000

04/18/2014

Yes

71.3%

57.9%

Property

31.01

Kailua Self Storage

0.4%

5,300,000

04/18/2014

Yes

Property

31.02

Kona Self Storage

0.2%

2,800,000

04/18/2014

Yes

Loan

Woodbridge Apartments

0.5%

Soft Springing Hard

Springing

1.87x

1.73x

7,650,000

01/21/2014

Yes

73.7%

68.2%

Loan

Dollar General Portfolio

0.5%

Springing Hard

Springing

1.40x

1.38x

8,250,000

03/03/2014

Yes

68.2%

56.0%

Property

33.01

Dollar General - Punta Gorda

0.1%

2,200,000

03/03/2014

Yes

Property

33.02

Dollar General - Cape Coral

0.1%

2,075,000

03/03/2014

Yes

Property

33.03

Dollar General - Davenport

0.1%

2,000,000

03/03/2014

Yes

Property

33.04

Dollar General - Winter Haven

0.1%

1,975,000

03/03/2014

Yes

Loan

Walgreens, CVS, O’Reilly Auto Portfolio

0.5%

Springing Hard

Springing

Yes - B

1.79x

1.74x

10,225,000

Various

Yes

54.9%

44.6%

Property

34.01

Walgreens - Trenton, OH

0.2%

4,550,000

03/30/2014

Yes

Property

34.02

CVS - Port St. Joe, FL

0.2%

4,175,000

03/26/2014

Yes

Property

34.03

O’Reilly Auto - Kokomo, IN

0.1%

1,500,000

03/21/2014

Yes

Loan

Fairfield Inn & Suites by Marriott

0.5%

Hard

Springing

1.60x

1.42x

7,800,000

12/12/2013

Yes

69.1%

52.6%

Loan

Walnut Ranch Apartments

0.5%

Soft Springing Hard

Springing

1.43x

1.36x

8,240,000

12/23/2013

Yes

64.3%

57.3%

Loan

Cholla Ranch Apartments

0.5%

Soft

Springing

1.85x

1.69x

9,000,000

01/28/2014

Yes

58.1%

48.7%

Loan

Casa Maribela

0.5%

Springing Soft

Springing

1.73x

1.58x

8,360,000

03/10/2014

Yes

60.9%

56.1%

Loan

Radcliff Square Shopping Center

0.5%

Springing Hard

Springing

1.71x

1.52x

6,900,000

01/01/2014

Yes

72.4%

60.1%

Loan

Prospect West

0.5%

Hard

Springing

1.51x

1.27x

8,000,000

03/14/2014

Yes

61.7%

51.9%

Loan

Downers Grove Industrial

0.5%

Hard

Springing

1.50x

1.34x

7,200,000

03/14/2014

Yes

66.6%

54.7%

Loan

Country Market

0.5%

Hard

Springing

1.58x

1.55x

6,800,000

01/27/2014

Yes

70.4%

58.4%

Loan

Addison Place

0.4%

Hard

Springing

1.69x

1.53x

6,200,000

02/13/2014

Yes

74.1%

61.0%

Loan

Baymeadows

0.4%

Soft

Springing

1.81x

1.67x

6,700,000

08/15/2013

Yes

66.5%

54.9%

Loan

Executive Center IV

0.4%

Hard

In Place

1.60x

1.28x

7,300,000

11/08/2013

Yes

49.9%

47.8%

Loan

La Quinta - Savannah Airport

0.4%

Hard

Springing

1.61x

1.42x

6,000,000

02/11/2014

Yes

67.2%

52.2%

Loan

Holiday Inn Staunton Conference Center

0.4%

Hard

Springing

2.11x

1.77x

6,000,000

03/14/2014

Yes

66.6%

60.0%

Loan

Shoppes at Carol Stream

0.4%

Hard

Springing

1.74x

1.65x

7,200,000

02/18/2014

Yes

53.0%

40.0%

Loan

Coral Springs Apartment Portfolio

0.3%

Springing Soft

Springing

1.50x

1.45x

4,700,000

02/05/2014

Yes

73.2%

60.5%

Property

49.01

Castlewood Townhome Apartments

0.2%

2,700,000

02/05/2014

Yes

Property

49.02

Glenwood Apartments

0.1%

2,000,000

02/05/2014

Yes

A-1-6

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

											Net		Loan per Net
			% of								Rentable Area	Units	Rentable Area
Property			Initial Pool						Year	Year	(SF/Units/Beds	of	(SF/Units/Beds
Flag	ID	Property Name	Balance	Address	City	County	State	Zip Code	Built	Renovated	Rooms/Pads)(5)	Measure	Rooms/Pads) ($)(11)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%	658 River Avenue	Bronx	Bronx	NY	10451	2009	NAP	912,333	Sq. Ft.	417
Loan	2	State Farm Portfolio(27)(28)	9.5%	Various	Various	Various	Various	Various	Various	Various	3,397,783	Sq. Ft.	113
Property	2.01	Charlottesville State Farm Office	1.3%	1500 State Farm Boulevard	Charlottesville	Albemarle	VA	22909	1978	2012	362,155	Sq. Ft.	143
Property	2.02	Murfreesboro State Farm Office	1.1%	2500 Memorial Boulevard	Murfreesboro	Rutherford	TN	37131	1989	NAP	402,177	Sq. Ft.	113
Property	2.03	Ballston Spa State Farm Office	1.0%	100 State Farm Place	Malta	Saratoga	NY	12020	1991	2012	336,382	Sq. Ft.	121
Property	2.04	Birmingham State Farm Office	0.9%	100 State Farm Parkway	Birmingham	Jefferson	AL	35209	1992	NAP	312,989	Sq. Ft.	119
Property	2.05	Tulsa State Farm Office	0.8%	12222 State Farm Boulevard	Tulsa	Tulsa	OK	74146	1989	NAP	287,580	Sq. Ft.	115
Property	2.06	Columbia State Farm Office	0.8%	4700 South Providence Road	Columbia	Boone	MO	65203	1992	2008-2013	335,049	Sq. Ft.	98
Property	2.07	Jacksonville State Farm Office	0.8%	8001 Baymeadows Way	Jacksonville	Duval	FL	32256	1977	NAP	302,440	Sq. Ft.	108
Property	2.08	Lincoln North State Farm Office	0.6%	222 South 84th Street	Lincoln	Lancaster	NE	68510	1988	2011	224,175	Sq. Ft.	107
Property	2.09	Greeley Central State Farm Office	0.5%	1555 Promontory Circle	Greeley	Weld	CO	80634	2003	NAP	194,203	Sq. Ft.	112
Property	2.10	New Albany State Farm Office	0.5%	5400 New Albany Road East	New Albany	Franklin	OH	43054	2002	NAP	148,782	Sq. Ft.	125
Property	2.11	Lincoln South State Farm Office	0.3%	500 South 84th Street	Lincoln	Lancaster	NE	68510	2000	2007	128,971	Sq. Ft.	107
Property	2.12	Greeley South State Farm Office	0.3%	1555 Promontory Circle	Greeley	Weld	CO	80634	2003	NAP	112,874	Sq. Ft.	105
Property	2.13	Kalamazoo State Farm Office	0.2%	5564 Portage Road	Portage	Kalamazoo	MI	49002	1989	1998	105,639	Sq. Ft.	95
Property	2.14	Greeley North State Farm Office	0.2%	1555 Promontory Circle	Greeley	Weld	CO	80634	2001	NAP	144,367	Sq. Ft.	67
Loan	3	Equitable Plaza	9.0%	3425 Wilshire Boulevard	Los Angeles	Los Angeles	CA	90010	1969	1993	688,292	Sq. Ft.	138
Loan	4	Southfield Town Center(27)	7.6%	1000, 2000, 3000, 4000 and 4400 Town Center	Southfield	Oakland	MI	48075	1975-1989	NAP	2,152,344	Sq. Ft.	66
Loan	5	Sixty LES	5.9%	190 Allen Street	New York	New York	NY	10002	2008	2014	141	Rooms	441,489
Loan	6	1100 Superior Avenue(29)	5.0%	1100 Superior Avenue East	Cleveland	Cuyahoga	OH	44114	1972	2007-2013	576,766	Sq. Ft.	91
Loan	7	Solo Cup	4.5%	701 Central Avenue	University Park	Will	IL	60484	2003, 2005	NAP	1,552,475	Sq. Ft.	30
Loan	8	Hilton Charlotte University Place	4.3%	8629 JM Keynes Drive	Charlotte	Mecklenburg	NC	28262	1987, 1999	2007, 2008, 2013	393	Rooms	114,371
Loan	9	Sunrise Hospitality Portfolio	3.2%	Various	Various	Various	LA	Various	Various	Various	400	Rooms	84,905
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%	603 Constitution Drive	West Monroe	Ouichita	LA	71292	2003	2013	88	Rooms	131,104
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%	8751 Park Plaza Drive	Shreveport	Caddo	LA	71105	2006	2011	69	Rooms	119,432
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%	7970 East Texas Street	Bossier City	Bossier	LA	71111	2012	NAP	87	Rooms	64,641
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%	2691 Viking Drive	Bossier City	Bossier	LA	71111	2011	NAP	71	Rooms	69,922
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%	5420 Interstate Drive	Shreveport	Caddo	LA	71109	2008	NAP	85	Rooms	42,306
Loan	10	Village Square and Deerpath Court	2.9%	Various	Lake Zurich	Lake	IL	60047	Various	Various	363,049	Sq. Ft.	85
Property	10.01	Village Square	1.8%	461 - 513 South Rand Road; 719 - 795 West Route 22	Lake Zurich	Lake	IL	60047	1974	1989	209,997	Sq. Ft.	91
Property	10.02	Deerpath Court	1.1%	696 - 832 South Rand Road	Lake Zurich	Lake	IL	60047	1990	NAP	153,052	Sq. Ft.	78
Loan	11	Newport Commons(31)	2.7%	600 and 701 Creekside Lane	Lititz	Lancaster	PA	17543	2004, 2007, 2010	NAP	293	Units	97,782
Loan	12	Preserve at Grande Oaks	2.6%	111 Grande Oaks Drive	Fayetteville	Cumberland	NC	28314	2002, 2006	NAP	315	Units	86,984
Loan	13	Pine Haven RV Park	2.4%	2339 Route 9	Ocean View	Cape May	NJ	08230	1965-1980	2013	617	Pads	40,519
Loan	14	Westgate Plaza	2.4%	8835-8859 Veterans Memorial Boulevard	Metairie	Jefferson	LA	70003	1986	2013	199,863	Sq. Ft.	125
Loan	15	Enclave at Prestonwood	2.2%	5930 Arapaho Road	Dallas	Dallas	TX	75248	1972, 1978	2012	466	Units	50,987
Loan	16	Capstar Plaza	2.2%	1703 West 5th Street	Austin	Travis	TX	78703	2009	NAP	115,975	Sq. Ft.	NAP
Loan	17	Florida Multifamily Portfolio	2.0%	Various	Various	Various	FL	Various	Various	2013	469	Units	44,648
Property	17.01	Shadowood Apartments	0.5%	1927 Sanford Circle	Sarasota	Sarasota	FL	34234	1981	2013	139	Units	41,547
Property	17.02	University Square Apartments	0.4%	2900 University Square Drive	Tampa	Hillsborough	FL	33612	1978	2013	81	Units	52,130
Property	17.03	Terrace Trace Apartments	0.4%	9135 Talina Lane	Tampa	Hillsborough	FL	33637	1985	2013	87	Units	47,328
Property	17.04	Hidden Acres Apartments	0.4%	1284 Hidden Circle East	Sarasota	Manatee	FL	34243	1986	2013	94	Units	41,489
Property	17.05	Pinellas Pines Apartments	0.3%	8501 52nd Street North	Pinellas Park	Pinellas	FL	33781	1983	2013	68	Units	43,015
Loan	18	North Penn Business Park	2.0%	1000 North Cannon Avenue	Lansdale	Montgomery	PA	19446	1940, 1950, 1960	1985	726,545	Sq. Ft.	29
Loan	19	Cincinnati Multifamily Portfolio	1.4%	Various	Various	Various	OH	Various	Various	NAP	537	Units	26,568
Property	19.01	Alms Hills	0.4%	2525 Victory Parkway	Cincinnati	Hamilton	OH	45206	1925	NAP	200	Units	22,352
Property	19.02	Reids Valley	0.4%	1990 Westwood Northern Boulevard	Cincinnati	Hamilton	OH	45225	1970	NAP	114	Units	39,027
Property	19.03	Shelton Gardens	0.3%	2000 Westwood Northern Boulevard	Cincinnati	Hamilton	OH	45225	1968	NAP	137	Units	23,628
Property	19.04	Lima Club	0.2%	1855 North Cole Street	Lima	Allen	OH	45801	1979	NAP	86	Units	24,540
Loan	20	Rochester Gas & Electric	1.2%	1300 Scottsville Road	Rochester	Monroe	NY	14624	2001	NAP	138,500	Sq. Ft.	95
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%	1410 Ocean Street	Santa Cruz	Santa Cruz	CA	95060	2009	2013	100	Rooms	125,000
Loan	22	3350 George Washington Way	1.1%	3350 George Washington Way	Richland	Benton	WA	99354	1996	NAP	83,921	Sq. Ft.	140
Loan	23	Drummer Boy RV Park	1.1%	1 Rocky Grove Road	Gettysburg	Adams	PA	17325	1965	NAP	446	Pads	25,897
Loan	24	Aspen Woods Apartments	0.9%	2910 South Collins Street	Arlington	Tarrant	TX	76014	1977	NAP	228	Units	42,105
Loan	25	Cypress Courtyard	0.9%	1040-1094 Cypress Parkway	Poinciana	Osceola	FL	34759	2007	NAP	56,060	Sq. Ft.	169
Loan	26	Chatham Grove Apartments	0.8%	8332-8416 South Cottage Grove Avenue	Chicago	Cook	IL	60619	1951	NAP	240	Units	34,966
Loan	27	Hilltop Shopping Center	0.8%	1627, 1667, 1675, & 1691 Hilltop Drive	Redding	Shasta	CA	96002	1985	NAP	68,908	Sq. Ft.	117
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%	225 Slater Street	Manchester	Hartford	CT	06042	1999	2011	90	Rooms	76,585
Loan	29	Academy Sports	0.6%	14405 West 135th Street	Olathe	Johnson	KS	66062	2013	NAP	71,927	Sq. Ft.	92
Loan	30	Phoenix Point Townhomes(29)	0.6%	1691 Red Robin Road	Columbus	Franklin	OH	43229	1973	2011-2014	216	Units	27,053

A-1-7

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

											Net		Loan per Net
			% of								Rentable Area	Units	Rentable Area
Property			Initial Pool						Year	Year	(SF/Units/Beds	of	(SF/Units/Beds
Flag	ID	Property Name	Balance	Address	City	County	State	Zip Code	Built	Renovated	Rooms/Pads)(5)	Measure	Rooms/Pads) ($)(11)
Loan	31	Kona and Kailua Self Storage Portfolio	0.5%	Various	Various	Hawaii	HI	Various	Various	Various	80,799	Sq. Ft.	71
Property	31.01	Kailua Self Storage	0.4%	73-5591 Maiau Street	Kailua-Kona	Hawaii	HI	96740	2001	NAP	46,939	Sq. Ft.	80
Property	31.02	Kona Self Storage	0.2%	81-934 Halekii Street	Kealakekua	Hawaii	HI	96750	1995	1999	33,860	Sq. Ft.	59
Loan	32	Woodbridge Apartments	0.5%	2567 Whites Mill Road	Decatur	DeKalb	GA	30034	1971	2013	212	Units	26,592
Loan	33	Dollar General Portfolio	0.5%	Various	Various	Various	FL	Various	Various	NAP	36,400	Sq. Ft.	155
Property	33.01	Dollar General - Punta Gorda	0.1%	1300 Tamiami Trail	Punta Gorda	Charlotte	FL	33950	2014	NAP	9,100	Sq. Ft.	165
Property	33.02	Dollar General - Cape Coral	0.1%	1612 Skyline Boulevard	Cape Coral	Lee	FL	33991	2013	NAP	9,100	Sq. Ft.	155
Property	33.03	Dollar General - Davenport	0.1%	49571 U.S. Highway 27	Davenport	Polk	FL	33897	2013	NAP	9,100	Sq. Ft.	150
Property	33.04	Dollar General - Winter Haven	0.1%	8695 Lake Ruby Drive West	Winter Haven	Polk	FL	33884	2014	NAP	9,100	Sq. Ft.	148
Loan	34	Walgreens, CVS, O’Reilly Auto Portfolio	0.5%	Various	Various	Various	Various	Various	Various	NAP	35,255	Sq. Ft.	159
Property	34.01	Walgreens - Trenton, OH	0.2%	1001 West State Street	Trenton	Butler	OH	45067	2007	NAP	14,820	Sq. Ft.	168
Property	34.02	CVS - Port St. Joe, FL	0.2%	110 West U.S. Highway 98	Port Saint Joe	Gulf	FL	32456	2010	NAP	13,225	Sq. Ft.	176
Property	34.03	O’Reilly Auto - Kokomo, IN	0.1%	1701 East Jefferson Street	Kokomo	Howard	IN	46901	2013	NAP	7,210	Sq. Ft.	111
Loan	35	Fairfield Inn & Suites by Marriott	0.5%	9783 Route 14	Streetsboro	Portage	OH	44241	1998	2008, 2009	81	Rooms	66,572
Loan	36	Walnut Ranch Apartments	0.5%	1300 West H Street	Dixon	Solano	CA	95620	1984	NAP	95	Units	55,789
Loan	37	Cholla Ranch Apartments	0.5%	316 North Miller Road	Buckeye	Maricopa	AZ	85326	2001	NAP	180	Units	29,056
Loan	38	Casa Maribela	0.5%	2540 West Maryland Avenue	Phoenix	Maricopa	AZ	85017	1985	2012	191	Units	26,638
Loan	39	Radcliff Square Shopping Center	0.5%	137-205 East Lincoln Trail Boulevard	Radcliff	Hardin	KY	40160	1987	NAP	97,070	Sq. Ft.	51
Loan	40	Prospect West	0.5%	3062 and 3078 Prospect Park Drive	Rancho Cordova	Sacramento	CA	95670	1986	2013	61,358	Sq. Ft.	80
Loan	41	Downers Grove Industrial	0.5%	1140 31st Street	Downers Grove	DuPage	IL	60515	1980	1990	42,000	Sq. Ft.	114
Loan	42	Country Market	0.5%	1255 South Main Street	Chelsea	Washtenaw	MI	48118	1999	NAP	49,836	Sq. Ft.	96
Loan	43	Addison Place	0.4%	11705 Jones Bridge Road	Johns Creek	Fulton	GA	30005	2004	NAP	44,318	Sq. Ft.	104
Loan	44	Baymeadows	0.4%	9801 Old Baymeadows Road	Jacksonville	Duval	FL	32256	1972	2013	162	Units	27,511
Loan	45	Executive Center IV	0.4%	235 North Executive Drive	Brookfield	Waukesha	WI	53005	1980	2007	85,613	Sq. Ft.	49
Loan	46	La Quinta - Savannah Airport	0.4%	414 Gray Street	Pooler	Chatham	GA	31322	2008	NAP	63	Rooms	64,024
Loan	47	Holiday Inn Staunton Conference Center	0.4%	152 Fairway Lane	Staunton	Augusta	VA	24401	1987	2011, 2012	117	Rooms	34,141
Loan	48	Shoppes at Carol Stream	0.4%	596-608 East North Avenue	Carol Stream	DuPage	IL	60188	2007	NAP	21,153	Sq. Ft.	180
Loan	49	Coral Springs Apartment Portfolio	0.3%	Various	Coral Springs	Broward	FL	33065	Various	NAP	43	Units	79,968
Property	49.01	Castlewood Townhome Apartments	0.2%	3840 Northwest 115th Avenue & 11550-11584 Northwest 39th Street	Coral Springs	Broward	FL	33065	1987	NAP	24	Units	83,059
Property	49.02	Glenwood Apartments	0.1%	11551 Northwest 45th Street	Coral Springs	Broward	FL	33065	1984	NAP	19	Units	76,064

A-1-8

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of		Trailing 12
Property			Initial Pool	Prepayment Provisions	Operating	Trailing 12	Trailing 12	Trailing 12	2013 Operating	2013	2013	2013	2012 Operating	2012	2012	2012
Flag	ID	Property Name	Balance	(# of payments)(14)	Statement Date	EGI ($)	Expenses($)	NOI($)	Statement Date	EGI($)	Expenses($)	NOI($)	Statement Date	EGI($)	Expenses($)	NOI($)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%	L(25), D(90), O(5)					12/31/2013	40,917,796	12,689,002	28,228,794	12/31/2012	40,127,406	12,525,866	27,601,540
Loan	2	State Farm Portfolio(27)(28)	9.5%	L(26), D(90), O(4)
Property	2.01	Charlottesville State Farm Office	1.3%
Property	2.02	Murfreesboro State Farm Office	1.1%
Property	2.03	Ballston Spa State Farm Office	1.0%
Property	2.04	Birmingham State Farm Office	0.9%
Property	2.05	Tulsa State Farm Office	0.8%
Property	2.06	Columbia State Farm Office	0.8%
Property	2.07	Jacksonville State Farm Office	0.8%
Property	2.08	Lincoln North State Farm Office	0.6%
Property	2.09	Greeley Central State Farm Office	0.5%
Property	2.10	New Albany State Farm Office	0.5%
Property	2.11	Lincoln South State Farm Office	0.3%
Property	2.12	Greeley South State Farm Office	0.3%
Property	2.13	Kalamazoo State Farm Office	0.2%
Property	2.14	Greeley North State Farm Office	0.2%
Loan	3	Equitable Plaza	9.0%	L(24), D(91), O(5)					12/31/2013	12,419,575	4,907,010	7,512,565	12/31/2012	13,032,054	4,929,735	8,102,319
Loan	4	Southfield Town Center(27)	7.6%	L(25), D(88), O(7)					12/31/2013	37,101,544	19,754,723	17,346,820	12/31/2012	37,781,659	17,317,363	20,464,296
Loan	5	Sixty LES	5.9%	L(25), D(32), O(3)					12/31/2013	15,317,619	8,418,284	6,899,335	12/31/2012	14,587,300	8,149,162	6,438,138
Loan	6	1100 Superior Avenue(29)	5.0%	L(24), YM1(92), O(4)	T-12 2/28/2014	8,079,425	4,401,930	3,677,495	12/31/2013	7,850,819	4,629,198	3,221,621	12/31/2012	8,790,417	3,978,710	4,811,707
Loan	7	Solo Cup	4.5%	L(28), D(85), O(7)
Loan	8	Hilton Charlotte University Place	4.3%	L(25), D(30), O(5)	T-12 2/28/2014	18,347,615	12,813,170	5,534,445	12/31/2013	17,840,265	12,653,331	5,186,934	12/31/2012	18,010,949	12,835,153	5,175,796
Loan	9	Sunrise Hospitality Portfolio	3.2%	L(24), YM1(89), O(7)	T-12 3/31/2014	10,700,703	6,734,602	3,966,101	12/31/2013	10,422,637	6,526,212	3,896,425	12/31/2012	10,263,802	6,122,318	4,141,484
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%		T-12 3/31/2014	2,961,990	1,684,580	1,277,410	12/31/2013	2,972,434	1,658,698	1,313,736	12/31/2012	2,741,576	1,459,932	1,281,644
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%		T-12 3/31/2014	2,293,704	1,349,815	943,889	12/31/2013	2,207,804	1,277,321	930,483	12/31/2012	2,322,939	1,286,460	1,036,479
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%		T-12 3/31/2014	1,897,331	1,212,607	684,724	12/31/2013	1,822,430	1,181,613	640,817	12/31/2012	1,385,402	972,732	412,670
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%		T-12 3/31/2014	1,769,232	1,164,287	604,945	12/31/2013	1,679,338	1,123,449	555,889	12/31/2012	1,789,021	1,051,630	737,391
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%		T-12 3/31/2014	1,778,446	1,323,312	455,134	12/31/2013	1,740,631	1,285,131	455,500	12/31/2012	2,024,864	1,351,564	673,300
Loan	10	Village Square and Deerpath Court	2.9%	L(26), D(90), O(4)	T-12 2/28/2014	4,807,750	1,729,152	3,078,597	12/31/2013	4,686,356	1,658,545	3,027,811	12/31/2012	4,814,274	1,545,965	3,268,309
Property	10.01	Village Square	1.8%		T-12 2/28/2014	3,089,952	1,047,659	2,042,293	12/31/2013	2,975,449	1,007,606	1,967,842	12/31/2012	3,083,725	952,353	2,131,372
Property	10.02	Deerpath Court	1.1%		T-12 2/28/2014	1,717,797	681,493	1,036,304	12/31/2013	1,710,907	650,938	1,059,969	12/31/2012	1,730,549	593,612	1,136,937
Loan	11	Newport Commons(31)	2.7%	L(25), D(91), O(4)					12/31/2013	3,577,254	1,215,101	2,362,153	12/31/2012	3,478,424	1,098,632	2,379,792
Loan	12	Preserve at Grande Oaks	2.6%	L(25), D(91), O(4)	T-12 3/31/2014	3,588,238	1,312,242	2,275,996	12/31/2013	3,527,559	1,367,646	2,159,913	12/31/2012	3,596,964	1,260,667	2,336,297
Loan	13	Pine Haven RV Park	2.4%	L(24), D(92), O(4)					12/31/2013	3,600,779	1,391,147	2,209,632	12/31/2012	3,213,625	1,206,014	2,007,611
Loan	14	Westgate Plaza	2.4%	L(25), YM1(92), O(3)					12/31/2013	2,939,108	693,155	2,245,953	12/31/2012	1,602,807	524,804	1,078,003
Loan	15	Enclave at Prestonwood	2.2%	L(25), D(91), O(4)	T-12 2/28/2014	3,733,443	1,999,449	1,733,994	12/31/2013	3,650,904	1,942,407	1,708,497	12/31/2012	3,049,507	1,905,210	1,144,298
Loan	16	Capstar Plaza	2.2%	L(26), D(90), O(4)					T-12 7/31/2013	5,557,676	2,009,320	3,548,356	12/31/2012	5,381,355	1,876,096	3,505,259
Loan	17	Florida Multifamily Portfolio	2.0%	L(26), D(90), O(4)	T-12 1/31/2014	3,384,404	1,278,656	2,105,748	12/31/2013	3,312,169	1,282,840	2,029,329	12/31/2012	2,885,804	1,243,986	1,641,818
Property	17.01	Shadowood Apartments	0.5%		T-12 1/31/2014	1,005,263	323,515	681,748	12/31/2013	995,417	328,439	666,978	12/31/2012	780,480	330,330	450,150
Property	17.02	University Square Apartments	0.4%		T-12 1/31/2014	568,787	212,207	356,580	12/31/2013	554,138	212,165	341,973	12/31/2012	510,964	191,001	319,963
Property	17.03	Terrace Trace Apartments	0.4%		T-12 1/31/2014	615,766	226,071	389,695	12/31/2013	608,505	233,032	375,473	12/31/2012	542,088	234,933	307,155
Property	17.04	Hidden Acres Apartments	0.4%		T-12 1/31/2014	656,736	266,495	390,241	12/31/2013	614,865	261,488	353,377	12/31/2012	534,475	249,419	285,056
Property	17.05	Pinellas Pines Apartments	0.3%		T-12 1/31/2014	537,852	250,369	287,483	12/31/2013	539,244	247,716	291,528	12/31/2012	517,797	238,303	279,494
Loan	18	North Penn Business Park	2.0%	L(26), D(91), O(3)	T-12 1/31/2014	3,215,640	1,410,675	1,804,965	12/31/2013	3,190,013	1,384,319	1,805,694	12/31/2012	3,165,667	1,363,256	1,802,411
Loan	19	Cincinnati Multifamily Portfolio	1.4%	L(26), D(90), O(4)					12/31/2013	3,743,950	1,949,581	1,794,369	12/31/2012	3,635,133	1,918,177	1,716,956
Property	19.01	Alms Hills	0.4%						12/31/2013	1,355,212	799,329	555,883	12/31/2012	1,300,068	751,818	548,250
Property	19.02	Reids Valley	0.4%						12/31/2013	991,760	426,280	565,480	12/31/2012	960,556	424,267	536,289
Property	19.03	Shelton Gardens	0.3%						12/31/2013	840,597	410,371	430,226	12/31/2012	842,492	482,273	360,219
Property	19.04	Lima Club	0.2%						12/31/2013	556,381	313,601	242,780	12/31/2012	532,017	259,819	272,198
Loan	20	Rochester Gas & Electric	1.2%	L(25), D(91), O(4)									12/31/2012	1,488,875		1,488,875
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%	L(23), YM1(93), O(4)	T-12 2/28/2014	3,794,956	2,231,344	1,563,612	12/31/2013	3,740,463	2,231,303	1,509,160	12/31/2012	3,479,121	2,105,756	1,373,365
Loan	22	3350 George Washington Way	1.1%	L(26), D(91), O(3)					12/31/2013	1,623,775	530,822	1,092,952	12/31/2012	1,729,314	540,736	1,188,578
Loan	23	Drummer Boy RV Park	1.1%	L(24), D(92), O(4)					12/31/2013	2,330,217	1,184,640	1,145,577	12/31/2012	2,223,157	1,181,824	1,041,333
Loan	24	Aspen Woods Apartments	0.9%	L(24), YM1(93), O(3)	T-12 2/28/2014	1,758,083	895,363	862,720	12/31/2013	1,752,565	867,633	884,931	12/31/2012	1,522,063	846,599	675,464
Loan	25	Cypress Courtyard	0.9%	L(25), D(91), O(4)					Annualized T-11 11/30/2013	1,293,420	289,813	1,003,607	12/31/2012	1,247,176	282,484	964,692
Loan	26	Chatham Grove Apartments	0.8%	L(25), D(92), O(3)					12/31/2013	1,700,491	888,935	811,556	12/31/2012	1,654,960	815,518	839,442
Loan	27	Hilltop Shopping Center	0.8%	L(25), D(92), O(3)	T-12 3/31/2014	827,923	282,093	545,831	12/31/2013	796,306	272,930	523,376	12/31/2012	721,258	265,591	455,667
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%	L(25), D(92), O(3)	T-12 3/31/2014	3,110,606	2,301,057	809,549	12/31/2013	2,969,242	2,257,420	711,822	12/31/2012	2,473,938	1,979,430	494,508
Loan	29	Academy Sports	0.6%	L(25), YM1(92), O(3)
Loan	30	Phoenix Point Townhomes(29)	0.6%	L(25), D(91), O(4)	T-12 1/31/2014	1,316,671	747,836	568,835					12/31/2012	976,678	604,308	372,370

A-1-9

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of		Trailing 12
Property			Initial Pool	Prepayment Provisions	Operating	Trailing 12	Trailing 12	Trailing 12	2013 Operating	2013	2013	2013	2012 Operating	2012	2012	2012
Flag	ID	Property Name	Balance	(# of payments)(14)	Statement Date	EGI ($)	Expenses($)	NOI($)	Statement Date	EGI($)	Expenses($)	NOI($)	Statement Date	EGI($)	Expenses($)	NOI($)
Loan	31	Kona and Kailua Self Storage Portfolio	0.5%	L(24), D(93), O(3)	T-12 3/31/2014	1,053,710	398,841	654,869	12/31/2013	1,035,803	439,489	596,314
Property	31.01	Kailua Self Storage	0.4%		T-12 3/31/2014	647,455	230,511	416,944	12/31/2013	639,679	250,992	388,687
Property	31.02	Kona Self Storage	0.2%		T-12 3/31/2014	406,255	168,330	237,925	12/31/2013	396,124	188,497	207,628
Loan	32	Woodbridge Apartments	0.5%	L(26), D(31), O(3)					12/31/2013	1,164,453	628,036	536,417
Loan	33	Dollar General Portfolio	0.5%	L(25), D(92), O(3)
Property	33.01	Dollar General - Punta Gorda	0.1%
Property	33.02	Dollar General - Cape Coral	0.1%
Property	33.03	Dollar General - Davenport	0.1%
Property	33.04	Dollar General - Winter Haven	0.1%
Loan	34	Walgreens, CVS, O’Reilly Auto Portfolio	0.5%	L(25), YM1 (92), O(3)
Property	34.01	Walgreens - Trenton, OH	0.2%
Property	34.02	CVS - Port St. Joe, FL	0.2%
Property	34.03	O’Reilly Auto - Kokomo, IN	0.1%
Loan	35	Fairfield Inn & Suites by Marriott	0.5%	L(25), D(92), O(3)					T-12 11/30/2013	1,755,293	1,123,604	631,689	12/31/2012	1,702,566	1,197,517	505,049
Loan	36	Walnut Ranch Apartments	0.5%	L(26), D(90), O(4)					12/31/2013	1,027,151	553,771	473,380	12/31/2012	1,031,572	525,873	505,699
Loan	37	Cholla Ranch Apartments	0.5%	L(25), D(90), O(5)					12/31/2013	1,325,059	720,816	604,243	12/31/2012	1,263,390	921,526	341,864
Loan	38	Casa Maribela	0.5%	L(26), D(30), O(4)	T-12 2/28/2014	845,561	411,268	434,292	12/31/2013	804,851	477,586	327,265
Loan	39	Radcliff Square Shopping Center	0.5%	L(25), D(92), O(3)					12/31/2013	545,686	165,614	380,072	12/31/2012	556,919	149,941	406,978
Loan	40	Prospect West	0.5%	L(25), D(92), O(3)
Loan	41	Downers Grove Industrial	0.5%	L(25), D(92), O(3)					12/31/2013	595,554	97,419	498,135	12/31/2012	477,981	108,709	369,273
Loan	42	Country Market	0.5%	L(27), D(89), O(4)
Loan	43	Addison Place	0.4%	L(25), D(91), O(4)	T-12 1/31/2014	499,199	146,151	353,048	12/31/2013	489,213	136,546	352,667	12/31/2012	379,597	106,520	273,078
Loan	44	Baymeadows	0.4%	L(32), D(85), O(3)					12/31/2013	1,396,524	860,568	535,956	12/31/2012	279,613	138,432	141,181
Loan	45	Executive Center IV	0.4%	L(12), YM1(104), O(4)					12/31/2013	1,182,362	608,225	574,137	12/31/2012	1,221,056	597,341	623,715
Loan	46	La Quinta - Savannah Airport	0.4%	L(27), D(89), O(4)	T-12 1/31/2014	1,421,061	876,745	544,316	12/31/2013	1,404,416	870,369	534,046	12/31/2012	1,253,850	808,214	445,636
Loan	47	Holiday Inn Staunton Conference Center	0.4%	L(25), D(32), O(3)	T-12 1/31/2014	2,558,207	1,906,936	651,271	12/31/2013	2,556,986	1,898,718	658,268
Loan	48	Shoppes at Carol Stream	0.4%	L(26), D(91), O(3)					12/31/2013	597,156	126,857	470,299	12/31/2012	586,707	118,157	468,550
Loan	49	Coral Springs Apartment Portfolio	0.3%	L(27), D(90), O(3)
Property	49.01	Castlewood Townhome Apartments	0.2%
Property	49.02	Glenwood Apartments	0.1%

A-1-10

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of
Property			Initial Pool	Underwritten NOI	Underwritten NCF	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Ownership	Ground Lease	Ground Lease
Flag	ID	Property Name	Balance	Debt Yield(11)	Debt Yield(11)	Revenue($)	EGI($)	Expenses($)	NOI ($)	Reserves($)	TI/LC($)	NCF ($)	Interest(15)	Expiration(16)	Extension Terms(16)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%	8.0%	7.8%	31,870,450	43,622,355	13,068,486	30,553,869	273,700	707,901	29,572,268	Leasehold	09/13/2055	5 options, 10 years each
Loan	2	State Farm Portfolio(27)(28)	9.5%	9.5%	9.5%	32,795,862	36,587,870		36,587,870	36,014	249,874	36,301,983	Fee Simple
Property	2.01	Charlottesville State Farm Office	1.3%			4,345,860	4,903,746		4,903,746			4,903,746	Fee Simple
Property	2.02	Murfreesboro State Farm Office	1.1%			3,820,682	4,311,150		4,311,150			4,311,150	Fee Simple
Property	2.03	Ballston Spa State Farm Office	1.0%			3,447,916	3,890,531		3,890,531			3,890,531	Fee Simple
Property	2.04	Birmingham State Farm Office	0.9%			3,129,890	3,531,680		3,531,680			3,531,680	Fee Simple
Property	2.05	Tulsa State Farm Office	0.8%			2,803,905	3,163,847		3,163,847			3,163,847	Fee Simple
Property	2.06	Columbia State Farm Office	0.8%			2,764,154	3,118,993		3,118,993			3,118,993	Fee Simple
Property	2.07	Jacksonville State Farm Office	0.8%			2,721,960	3,071,383		3,071,383			3,071,383	Fee Simple
Property	2.08	Lincoln North State Farm Office	0.6%			2,017,575	2,276,575		2,276,575			2,276,575	Fee Simple
Property	2.09	Greeley Central State Farm Office	0.5%			1,796,378	2,026,982		2,026,982			2,026,982	Fee Simple
Property	2.10	New Albany State Farm Office	0.5%			1,562,211	1,762,755		1,762,755			1,762,755	Fee Simple
Property	2.11	Lincoln South State Farm Office	0.3%			1,160,739	1,309,745		1,309,745			1,309,745	Fee Simple
Property	2.12	Greeley South State Farm Office	0.3%			1,044,085	994,679		994,679	15,802	109,641	869,235	Fee Simple
Property	2.13	Kalamazoo State Farm Office	0.2%			845,112	953,601		953,601			953,601	Fee Simple
Property	2.14	Greeley North State Farm Office	0.2%			1,335,395	1,272,204		1,272,204	20,211	140,232	1,111,760	Fee Simple
Loan	3	Equitable Plaza	9.0%	9.2%	8.2%	14,905,289	13,929,179	5,227,731	8,701,448	137,658	755,492	7,808,297	Fee Simple
Loan	4	Southfield Town Center(27)	7.6%	12.5%	11.6%	34,168,534	36,417,039	18,641,850	17,775,190	538,086	833,591	16,403,513	Fee Simple
Loan	5	Sixty LES	5.9%	10.7%	9.9%	14,483,802	15,317,619	8,678,683	6,638,936	459,529		6,179,407	Fee Simple
Loan	6	1100 Superior Avenue(29)	5.0%	10.8%	9.6%	8,427,311	10,166,082	4,515,776	5,650,307	144,192	482,357	5,023,759	Fee Simple
Loan	7	Solo Cup	4.5%	11.1%	10.3%	5,645,576	7,755,941	2,518,572	5,237,369	155,248	205,584	4,876,537	Fee Simple
Loan	8	Hilton Charlotte University Place	4.3%	12.7%	11.0%	12,661,327	18,492,487	12,797,204	5,695,284	739,699		4,955,584	Fee Simple
Loan	9	Sunrise Hospitality Portfolio	3.2%	12.1%	10.9%	10,591,686	10,700,703	6,587,742	4,112,961	428,028		3,684,933	Fee Simple
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%			2,933,449	2,961,990	1,666,739	1,295,251	118,480		1,176,772	Fee Simple
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%			2,260,767	2,293,704	1,313,141	980,563	91,748		888,815	Fee Simple
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%			1,879,850	1,897,331	1,180,675	716,656	75,893		640,763	Fee Simple
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%			1,762,311	1,769,232	1,131,960	637,272	70,769		566,503	Fee Simple
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%			1,755,309	1,778,446	1,295,228	483,218	71,138		412,080	Fee Simple
Loan	10	Village Square and Deerpath Court	2.9%	11.8%	10.8%	4,052,199	5,471,348	1,798,737	3,672,611	72,610	239,967	3,360,035	Fee Simple
Property	10.01	Village Square	1.8%			2,508,869	3,433,736	1,106,848	2,326,887	41,999	149,924	2,134,964	Fee Simple
Property	10.02	Deerpath Court	1.1%			1,543,330	2,037,612	691,888	1,345,723	30,610	90,042	1,225,071	Fee Simple
Loan	11	Newport Commons(31)	2.7%	8.3%	8.0%	3,681,298	3,602,525	1,220,045	2,382,480	85,556		2,296,924	Fee Simple
Loan	12	Preserve at Grande Oaks	2.6%	8.3%	8.0%	3,677,613	3,658,250	1,378,221	2,280,029	78,750		2,201,279	Fee Simple
Loan	13	Pine Haven RV Park	2.4%	9.1%	9.0%	3,014,835	3,725,036	1,456,004	2,269,032	30,850		2,238,182	Fee Simple
Loan	14	Westgate Plaza	2.4%	9.2%	8.5%	2,321,528	3,096,328	792,296	2,304,032	39,973	145,642	2,118,417	Fee Simple
Loan	15	Enclave at Prestonwood	2.2%	8.9%	8.5%	4,226,160	4,051,913	1,927,402	2,124,511	116,500		2,008,011	Fee Simple
Loan	16	Capstar Plaza	2.2%	6.2%	6.2%	1,421,521	1,421,521	14,215	1,407,306			1,407,306	Fee Simple
Loan	17	Florida Multifamily Portfolio	2.0%	10.0%	9.2%	3,434,832	3,453,798	1,355,931	2,097,867	161,071		1,936,796	Fee Simple
Property	17.01	Shadowood Apartments	0.5%			1,001,184	1,024,279	354,091	670,188	49,206		620,982	Fee Simple
Property	17.02	University Square Apartments	0.4%			597,936	572,896	226,040	346,856	28,755		318,101	Fee Simple
Property	17.03	Terrace Trace Apartments	0.4%			623,256	619,094	234,618	384,476	28,884		355,592	Fee Simple
Property	17.04	Hidden Acres Apartments	0.4%			665,988	681,164	277,910	403,254	32,806		370,448	Fee Simple
Property	17.05	Pinellas Pines Apartments	0.3%			546,468	556,365	263,272	293,093	21,420		271,673	Fee Simple
Loan	18	North Penn Business Park	2.0%	10.9%	9.5%	3,142,581	3,736,131	1,463,736	2,272,395	72,655	217,964	1,981,777	Fee Simple
Loan	19	Cincinnati Multifamily Portfolio	1.4%	12.1%	11.0%	3,959,724	3,761,738	2,033,839	1,727,898	161,100		1,566,798	Fee Simple
Property	19.01	Alms Hills	0.4%			1,449,384	1,376,915	822,229	554,686	60,000		494,686	Fee Simple
Property	19.02	Reids Valley	0.4%			1,033,956	982,258	458,525	523,733	34,200		489,533	Fee Simple
Property	19.03	Shelton Gardens	0.3%			885,516	841,240	450,050	391,190	41,100		350,090	Fee Simple
Property	19.04	Lima Club	0.2%			590,868	561,325	303,035	258,290	25,800		232,490	Fee Simple
Loan	20	Rochester Gas & Electric	1.2%	9.2%	8.6%	1,315,750	1,249,963	37,499	1,212,464	13,850	69,250	1,129,364	Fee Simple
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%	12.2%	11.0%	3,764,240	3,794,956	2,270,134	1,524,822	151,798		1,373,024	Fee Simple
Loan	22	3350 George Washington Way	1.1%	9.4%	9.0%	1,258,815	1,632,720	527,702	1,105,018	12,588	41,961	1,050,469	Leasehold	04/06/2045	1, 25-year option
Loan	23	Drummer Boy RV Park	1.1%	9.8%	9.7%	675,500	2,349,182	1,212,080	1,137,102	22,300		1,114,802	Fee Simple
Loan	24	Aspen Woods Apartments	0.9%	9.4%	8.8%	1,799,580	1,822,876	924,752	898,124	57,000		841,124	Fee Simple
Loan	25	Cypress Courtyard	0.9%	10.4%	9.7%	1,103,035	1,301,310	309,544	991,766	12,402	54,600	924,764	Fee Simple
Loan	26	Chatham Grove Apartments	0.8%	10.5%	9.6%	1,842,801	1,779,125	895,200	883,925	76,694		807,231	Fee Simple
Loan	27	Hilltop Shopping Center	0.8%	10.6%	9.6%	1,306,153	1,153,003	293,638	859,365	15,850	68,908	774,607	Fee Simple
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%	11.5%	9.2%	2,808,554	3,110,606	2,319,945	790,662	155,530		635,131	Fee Simple
Loan	29	Academy Sports	0.6%	9.6%	8.9%	744,444	971,450	336,287	635,164	11,542	35,766	587,856	Fee Simple
Loan	30	Phoenix Point Townhomes(29)	0.6%	10.8%	10.0%	1,405,110	1,370,625	740,142	630,483	44,712		585,770	Fee Simple

A-1-11

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES


			% of
Property			Initial Pool	Underwritten NOI	Underwritten NCF	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Underwritten	Ownership	Ground Lease	Ground Lease
Flag	ID	Property Name	Balance	Debt Yield(11)	Debt Yield(11)	Revenue($)	EGI($)	Expenses($)	NOI ($)	Reserves($)	TI/LC($)	NCF ($)	Interest(15)	Expiration(16)	Extension Terms(16)
Loan	31	Kona and Kailua Self Storage Portfolio	0.5%	10.3%	10.1%	1,501,349	1,058,408	462,148	596,260	12,870		583,391	Fee Simple
Property	31.01	Kailua Self Storage	0.4%			892,770	652,153	282,812	369,341	7,581		361,760	Fee Simple
Property	31.02	Kona Self Storage	0.2%			608,579	406,255	179,335	226,920	5,289		221,631	Fee Simple
Loan	32	Woodbridge Apartments	0.5%	12.2%	11.3%	1,531,104	1,384,687	697,023	687,664	53,000		634,664	Fee Simple
Loan	33	Dollar General Portfolio	0.5%	9.0%	8.9%	538,863	577,793	74,134	503,659	5,460		498,199	Fee Simple
Property	33.01	Dollar General - Punta Gorda	0.1%			144,084	152,953	18,189	134,765	1,365		133,400	Fee Simple
Property	33.02	Dollar General - Cape Coral	0.1%			135,169	141,687	15,151	126,536	1,365		125,171	Fee Simple
Property	33.03	Dollar General - Davenport	0.1%			131,220	141,348	18,740	122,608	1,365		121,243	Fee Simple
Property	33.04	Dollar General - Winter Haven	0.1%			128,390	141,804	22,054	119,750	1,365		118,385	Fee Simple
Loan	34	Walgreens, CVS, O’Reilly Auto Portfolio	0.5%	11.0%	10.7%	655,728	943,075	326,588	616,487	16,448		600,038	Fee Simple
Property	34.01	Walgreens - Trenton, OH	0.2%			290,000	491,903	217,117	274,786	13,383		261,403	Fee Simple
Property	34.02	CVS - Port St. Joe, FL	0.2%			271,113	335,889	85,242	250,647	1,984		248,664	Fee Simple
Property	34.03	O’Reilly Auto - Kokomo, IN	0.1%			94,616	115,282	24,229	91,053	1,082		89,971	Fee Simple
Loan	35	Fairfield Inn & Suites by Marriott	0.5%	11.7%	10.4%	1,736,693	1,755,293	1,123,604	631,689	70,212		561,477	Fee Simple
Loan	36	Walnut Ranch Apartments	0.5%	9.5%	9.1%	1,094,868	1,049,683	543,878	505,805	23,750		482,055	Fee Simple
Loan	37	Cholla Ranch Apartments	0.5%	11.5%	10.6%	1,384,036	1,337,847	734,534	603,313	51,300		552,013	Fee Simple
Loan	38	Casa Maribela	0.5%	10.9%	10.0%	1,129,228	1,124,488	570,272	554,217	47,750		506,467	Fee Simple
Loan	39	Radcliff Square Shopping Center	0.5%	11.4%	10.1%	740,760	800,107	232,638	567,469	14,561	48,535	504,373	Fee Simple
Loan	40	Prospect West	0.5%	9.6%	8.1%	736,296	828,333	352,877	475,456	15,340	61,726	398,390	Fee Simple
Loan	41	Downers Grove Industrial	0.5%	9.6%	8.6%	523,706	750,064	288,336	461,728	8,400	42,616	410,712	Fee Simple
Loan	42	Country Market	0.5%	10.4%	10.2%	540,000	513,000	15,390	497,610	7,475		490,135	Fee Simple
Loan	43	Addison Place	0.4%	10.9%	9.9%	534,290	665,312	163,943	501,369	8,864	37,445	455,060	Fee Simple
Loan	44	Baymeadows	0.4%	11.6%	10.7%	1,485,360	1,413,634	896,505	517,129	40,500		476,629	Fee Simple
Loan	45	Executive Center IV	0.4%	12.2%	9.8%	697,106	999,480	554,449	445,030	33,389	56,166	355,475	Fee Simple
Loan	46	La Quinta - Savannah Airport	0.4%	12.4%	11.0%	1,417,702	1,421,061	921,748	499,313	56,842		442,471	Fee Simple
Loan	47	Holiday Inn Staunton Conference Center	0.4%	15.8%	13.3%	1,984,373	2,558,074	1,925,880	632,193	102,323		529,870	Fee Simple
Loan	48	Shoppes at Carol Stream	0.4%	12.5%	11.8%	558,500	621,733	146,186	475,547	3,173	21,153	451,221	Fee Simple
Loan	49	Coral Springs Apartment Portfolio	0.3%	9.7%	9.4%	559,188	548,419	213,673	334,746	10,750		323,996	Fee Simple
Property	49.01	Castlewood Townhome Apartments	0.2%			319,008	307,370	123,547	183,823	6,000		177,823	Fee Simple
Property	49.02	Glenwood Apartments	0.1%			240,180	241,049	90,126	150,923	4,750		146,173	Fee Simple

A-1-12

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Property

Initial Pool

Lease

Flag

Property Name

Balance

Largest Tenant(17)

Expiration(18)

2nd Largest Tenant(19)(20)

Expiration(18)

3rd Largest Tenant(20)

Expiration(18)

4th Largest Tenant(19)(20)

Expiration(18)

Loan

Bronx Terminal Market(27)(29)(30)

9.9%

Target

188,446

10/01/2033

BJ’s Wholesale Club

130,099

08/01/2029

Home Depot

124,955

02/01/2034

Toys ’R’ Us / Babies ‘R’ Us

76,921

01/31/2020

Loan

State Farm Portfolio(27)(28)

9.5%

Property

2.01

Charlottesville State Farm Office

1.3%

State Farm Mutual Automobile Insurance Company

362,155

11/30/2028

NAP

Property

2.02

Murfreesboro State Farm Office

1.1%

State Farm Mutual Automobile Insurance Company

402,177

11/30/2028

NAP

Property

2.03

Ballston Spa State Farm Office

1.0%

State Farm Mutual Automobile Insurance Company

336,382

11/30/2028

NAP

Property

2.04

Birmingham State Farm Office

0.9%

State Farm Mutual Automobile Insurance Company

312,989

11/30/2028

NAP

Property

2.05

Tulsa State Farm Office

0.8%

State Farm Mutual Automobile Insurance Company

287,580

11/30/2028

NAP

Property

2.06

Columbia State Farm Office

0.8%

State Farm Mutual Automobile Insurance Company

335,049

11/30/2028

NAP

Property

2.07

Jacksonville State Farm Office

0.8%

State Farm Mutual Automobile Insurance Company

302,440

11/30/2028

NAP

Property

2.08

Lincoln North State Farm Office

0.6%

State Farm Mutual Automobile Insurance Company

224,175

11/30/2028

NAP

Property

2.09

Greeley Central State Farm Office

0.5%

State Farm Mutual Automobile Insurance Company

194,203

11/30/2028

NAP

Property

2.10

New Albany State Farm Office

0.5%

State Farm Mutual Automobile Insurance Company

148,782

11/30/2028

NAP

Property

2.11

Lincoln South State Farm Office

0.3%

State Farm Mutual Automobile Insurance Company

128,971

11/30/2028

NAP

Property

2.12

Greeley South State Farm Office

0.3%

State Farm Mutual Automobile Insurance Company

112,874

11/30/2023

NAP

Property

2.13

Kalamazoo State Farm Office

0.2%

State Farm Mutual Automobile Insurance Company

105,639

11/30/2028

NAP

Property

2.14

Greeley North State Farm Office

0.2%

State Farm Mutual Automobile Insurance Company

144,367

11/30/2018

NAP

Loan

Equitable Plaza

9.0%

County of Los Angeles

72,142

01/31/2015

State of California

31,927

11/30/2017

Wilshire Business Center

23,820

02/28/2018

Commonwealth Business Bank

22,498

11/30/2024

Loan

Southfield Town Center(27)

7.6%

Fifth Third Bank

105,041

08/31/2016

AlixPartners

66,286

12/31/2018

Brooks & Kushman

45,359

12/31/2023

Global Hue

41,051

05/31/2016

Loan

Sixty LES

5.9%

NAP

Loan

1100 Superior Avenue(29)

5.0%

The James B. Oswald Company

72,573

07/31/2025

Javitch, Block & Rathbone LLP

55,354

10/31/2017

Littler Menderson, PC

44,667

04/30/2021

Brandmuscle, Inc.

41,627

08/31/2023

Loan

Solo Cup

4.5%

Solo Cup Operating Company

1,552,475

08/31/2023

NAP

Loan

Hilton Charlotte University Place

4.3%

NAP

Loan

Sunrise Hospitality Portfolio

3.2%

Property

9.01

Holiday Inn Express & Suites - West Monroe

1.1%

NAP

Property

9.02

Holiday Inn Express & Suites - Shreveport South Park Plaza

0.8%

NAP

Property

9.03

Holiday Inn Express & Suites - Bossier City Race Track

0.5%

NAP

Property

9.04

Hampton Inn & Suites - Bossier City

0.5%

NAP

Property

9.05

Holiday Inn Express & Suites - Shreveport Airport

0.3%

NAP

Loan

Village Square and Deerpath Court

2.9%

Property

10.01

Village Square

1.8%

T.J. Maxx

28,000

01/31/2019

Office Max, Inc.

23,500

01/31/2019

Petco

18,810

01/31/2024

Sports Authority

13,000

03/31/2024

Property

10.02

Deerpath Court

1.1%

American Sale

38,920

02/28/2017

Goodwill Store & Donation Ctr

21,705

12/31/2018

Sears Appliance and Hardware Store

21,069

10/31/2015

Jo-Ann Fabrics

12,345

MTM

Loan

Newport Commons(31)

2.7%

NAP

Loan

Preserve at Grande Oaks

2.6%

NAP

Loan

Pine Haven RV Park

2.4%

NAP

Loan

Westgate Plaza

2.4%

Academy Sports

78,661

01/31/2028

hhgregg

29,070

09/30/2022

Michaels

27,200

10/31/2017

Laser Tag & Games

26,800

10/31/2020

Loan

Enclave at Prestonwood

2.2%

NAP

Loan

Capstar Plaza

2.2%

NAP

Loan

Florida Multifamily Portfolio

2.0%

Property

17.01

Shadowood Apartments

0.5%

NAP

Property

17.02

University Square Apartments

0.4%

NAP

Property

17.03

Terrace Trace Apartments

0.4%

NAP

Property

17.04

Hidden Acres Apartments

0.4%

NAP

Property

17.05

Pinellas Pines Apartments

0.3%

NAP

Loan

North Penn Business Park

2.0%

Accupac, Inc.

154,624

12/31/2017

Hughes Relocation Services, Inc.

99,149

08/31/2015

APEX Display Group, LLC

80,192

03/31/2019

Carrolls, LLC

78,247

11/30/2022

Loan

Cincinnati Multifamily Portfolio

1.4%

Property

19.01

Alms Hills

0.4%

NAP

Property

19.02

Reids Valley

0.4%

NAP

Property

19.03

Shelton Gardens

0.3%

NAP

Property

19.04

Lima Club

0.2%

NAP

Loan

Rochester Gas & Electric

1.2%

Rochester Gas & Electric

138,500

10/31/2024

NAP

Loan

Holiday Inn Express & Suites Santa Cruz(29)

1.2%

NAP

Loan

3350 George Washington Way

1.1%

Pacific Northwest Division

83,921

09/30/2023

NAP

Loan

Drummer Boy RV Park

1.1%

NAP

Loan

Aspen Woods Apartments

0.9%

NAP

Loan

Cypress Courtyard

0.9%

Dollar Tree Stores, Inc.

10,350

02/28/2018

Greenberg Dental Associates

7,424

07/31/2023

A&C Fitness Corp

5,934

12/31/2018

Hibbett Sporting Goods

4,987

09/30/2015

Loan

Chatham Grove Apartments

0.8%

NAP

Loan

Hilltop Shopping Center

0.8%

Tuesday Morning

11,200

07/31/2018

Party City

10,305

06/30/2024

Momex Dining Concepts

6,800

11/30/2022

Institute of Technology, Inc.

5,282

12/31/2014

Loan

Courtyard by Marriott - Hartford Manchester(29)

0.7%

NAP

Loan

Academy Sports

0.6%

Academy Sports

71,927

01/31/2029

NAP

Loan

Phoenix Point Townhomes(29)

0.6%

NAP

A-1-13

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Property

Initial Pool

Lease

Flag

Property Name

Balance

Largest Tenant(17)

Expiration(18)

2nd Largest Tenant(19)(20)

Expiration(18)

3rd Largest Tenant(20)

Expiration(18)

4th Largest Tenant(19)(20)

Expiration(18)

Loan

Kona and Kailua Self Storage Portfolio

0.5%

Property

31.01

Kailua Self Storage

0.4%

NAP

Property

31.02

Kona Self Storage

0.2%

NAP

Loan

Woodbridge Apartments

0.5%

NAP

Loan

Dollar General Portfolio

0.5%

Property

33.01

Dollar General - Punta Gorda

0.1%

Dollar General

9,100

02/28/2029

NAP

Property

33.02

Dollar General - Cape Coral

0.1%

Dollar General

9,100

01/31/2028

NAP

Property

33.03

Dollar General - Davenport

0.1%

Dollar General

9,100

08/31/2028

NAP

Property

33.04

Dollar General - Winter Haven

0.1%

Dollar General

9,100

02/28/2029

NAP

Loan

Walgreens, CVS, O’Reilly Auto Portfolio

0.5%

Property

34.01

Walgreens - Trenton, OH

0.2%

Walgreens Co. Store #11511

14,820

01/31/2033

NAP

Property

34.02

CVS - Port St. Joe, FL

0.2%

Holiday CVS, LLC

13,225

01/31/2032

NAP

Property

34.03

O’Reilly Auto - Kokomo, IN

0.1%

O’Reilly Automotive Stores, Inc.

7,210

04/12/2033

NAP

Loan

Fairfield Inn & Suites by Marriott

0.5%

NAP

Loan

Walnut Ranch Apartments

0.5%

NAP

Loan

Cholla Ranch Apartments

0.5%

NAP

Loan

Casa Maribela

0.5%

NAP

Loan

Radcliff Square Shopping Center

0.5%

Ollies Discount

26,482

05/31/2020

Family Dollar

8,868

06/30/2018

Lockheed Martin

4,900

01/31/2015

Snap Fitness

4,900

04/30/2018

Loan

Prospect West

0.5%

Barco, Inc.

61,358

04/30/2024

NAP

Loan

Downers Grove Industrial

0.5%

Silgan White Cap, LLC

42,000

05/31/2029

NAP

Loan

Country Market

0.5%

Polly’s Food Service, Inc.

49,836

12/31/2034

NAP

Loan

Addison Place

0.4%

Bonefish Grill

5,370

02/28/2017

Susan Chambers School of Dance

4,160

11/30/2022

Taylor Brooks Salon & Spa

3,370

05/31/2022

Bharathakala Dance Academy, LLC

2,440

10/31/2019

Loan

Baymeadows

0.4%

NAP

Loan

Executive Center IV

0.4%

M&I Bank

44,280

09/30/2017

WI Institute of CPA’s

10,250

07/31/2014

Winter Kloman Moter & Repp

9,959

12/31/2017

Wells Fargo Dealer Services, Inc.

6,741

06/30/2016

Loan

La Quinta - Savannah Airport

0.4%

NAP

Loan

Holiday Inn Staunton Conference Center

0.4%

NAP

Loan

Shoppes at Carol Stream

0.4%

Retro Fitness

10,500

10/31/2026

China Chef

3,260

06/30/2022

Pizzeria Da Nella

3,001

02/28/2019

Starbucks

1,924

02/28/2027

Loan

Coral Springs Apartment Portfolio

0.3%

NAP

Property

49.01

Castlewood Townhome Apartments

0.2%

NAP

Property

49.02

Glenwood Apartments

0.1%

NAP

A-1-14

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Upfront

Monthly

Property

Initial Pool

Lease

Occupancy

Replacement

Flag

Property Name

Balance

5th Largest Tenant

Expiration(18)

Occupancy(5)(21)

As-of Date

Reserves($)(22)

Reserves ($)(23)

Loan

Bronx Terminal Market(27)(29)(30)

9.9%

Burlington Coat Factory

74,329

01/01/2028

99.3%

04/01/2014

Springing

Loan

State Farm Portfolio(27)(28)

9.5%

100.0%

06/06/2014

Springing

Property

2.01

Charlottesville State Farm Office

1.3%

NAP

100.0%

06/06/2014

Property

2.02

Murfreesboro State Farm Office

1.1%

NAP

100.0%

06/06/2014

Property

2.03

Ballston Spa State Farm Office

1.0%

NAP

100.0%

06/06/2014

Property

2.04

Birmingham State Farm Office

0.9%

NAP

100.0%

06/06/2014

Property

2.05

Tulsa State Farm Office

0.8%

NAP

100.0%

06/06/2014

Property

2.06

Columbia State Farm Office

0.8%

NAP

100.0%

06/06/2014

Property

2.07

Jacksonville State Farm Office

0.8%

NAP

100.0%

06/06/2014

Property

2.08

Lincoln North State Farm Office

0.6%

NAP

100.0%

06/06/2014

Property

2.09

Greeley Central State Farm Office

0.5%

NAP

100.0%

06/06/2014

Property

2.10

New Albany State Farm Office

0.5%

NAP

100.0%

06/06/2014

Property

2.11

Lincoln South State Farm Office

0.3%

NAP

100.0%

06/06/2014

Property

2.12

Greeley South State Farm Office

0.3%

NAP

100.0%

06/06/2014

Property

2.13

Kalamazoo State Farm Office

0.2%

NAP

100.0%

06/06/2014

Property

2.14

Greeley North State Farm Office

0.2%

NAP

100.0%

06/06/2014

Loan

Equitable Plaza

9.0%

California Fair Plan

22,425

12/14/2015

85.8%

04/28/2014

500,000

14,340

Loan

Southfield Town Center(27)

7.6%

Microsoft

40,437

11/30/2017

67.2%

02/28/2014

9,400,000

44,841

Loan

Sixty LES

5.9%

NAP

83.3%

12/31/2013

1/10 of 2.0% of prior year’s rents

Loan

1100 Superior Avenue(29)

5.0%

First American Title Insurance Company

28,652

11/30/2017

89.6%

03/26/2014

12,016

Loan

Solo Cup

4.5%

NAP

100.0%

06/06/2014

Springing

Loan

Hilton Charlotte University Place

4.3%

NAP

69.3%

02/28/2014

4.0% of prior month’s gross revenues

Loan

Sunrise Hospitality Portfolio

3.2%

70.3%

03/31/2014

1/12 of 4.0% of prior year’s gross income

Property

9.01

Holiday Inn Express & Suites - West Monroe

1.1%

NAP

79.8%

03/31/2014

Property

9.02

Holiday Inn Express & Suites - Shreveport South Park Plaza

0.8%

NAP

79.7%

03/31/2014

Property

9.03

Holiday Inn Express & Suites - Bossier City Race Track

0.5%

NAP

64.2%

03/31/2014

Property

9.04

Hampton Inn & Suites - Bossier City

0.5%

NAP

69.0%

03/31/2014

Property

9.05

Holiday Inn Express & Suites - Shreveport Airport

0.3%

NAP

60.3%

03/31/2014

Loan

Village Square and Deerpath Court

2.9%

97.8%

04/01/2014

Property

10.01

Village Square

1.8%

Party City

12,000

01/31/2018

96.2%

04/01/2014

Property

10.02

Deerpath Court

1.1%

Ania’s Polish Deli

8,150

10/31/2015

100.0%

04/01/2014

Loan

Newport Commons(31)

2.7%

NAP

94.9%

02/28/2014

7,130

Loan

Preserve at Grande Oaks

2.6%

NAP

94.9%

03/21/2014

6,358

Loan

Pine Haven RV Park

2.4%

NAP

92.7%

03/24/2014

2,571

Loan

Westgate Plaza

2.4%

Scandinavia Furniture

10,300

10/31/2018

100.0%

04/21/2014

2,498

Loan

Enclave at Prestonwood

2.2%

NAP

92.7%

04/08/2014

9,708

Loan

Capstar Plaza

2.2%

NAP

Loan

Florida Multifamily Portfolio

2.0%

93.4%

02/01/2014

13,423

Property

17.01

Shadowood Apartments

0.5%

NAP

95.0%

02/01/2014

Property

17.02

University Square Apartments

0.4%

NAP

90.1%

02/01/2014

Property

17.03

Terrace Trace Apartments

0.4%

NAP

93.1%

02/01/2014

Property

17.04

Hidden Acres Apartments

0.4%

NAP

91.5%

02/01/2014

Property

17.05

Pinellas Pines Apartments

0.3%

NAP

97.1%

02/01/2014

Loan

North Penn Business Park

2.0%

Uti

41,002

09/30/2014

88.7%

05/09/2014

6,294

Loan

Cincinnati Multifamily Portfolio

1.4%

92.4%

12/31/2013

13,490

Property

19.01

Alms Hills

0.4%

NAP

93.5%

12/31/2013

Property

19.02

Reids Valley

0.4%

NAP

86.8%

12/31/2013

Property

19.03

Shelton Gardens

0.3%

NAP

95.6%

12/31/2013

Property

19.04

Lima Club

0.2%

NAP

91.9%

12/31/2013

Loan

Rochester Gas & Electric

1.2%

NAP

100.0%

06/05/2014

1,154

Loan

Holiday Inn Express & Suites Santa Cruz(29)

1.2%

NAP

73.4%

02/28/2014

1/12 of 4.0% of prior year’s gross revenues

Loan

3350 George Washington Way

1.1%

NAP

100.0%

06/05/2014

319,071

Loan

Drummer Boy RV Park

1.1%

NAP

53.4%

03/24/2014

1,858

Loan

Aspen Woods Apartments

0.9%

NAP

95.2%

03/14/2014

4,750

Loan

Cypress Courtyard

0.9%

Sherwin Williams

4,770

02/28/2018

100.0%

04/22/2014

1,189

Loan

Chatham Grove Apartments

0.8%

NAP

94.2%

03/07/2014

6,391

Loan

Hilltop Shopping Center

0.8%

Payless # 1348

4,410

07/31/2015

85.2%

12/01/2013

1,321

Loan

Courtyard by Marriott - Hartford Manchester(29)

0.7%

NAP

76.5%

03/19/2014

762,423

> of 5.0% of preceding 2nd month’s total gross revenue or required PIP monthly deposit

Loan

Academy Sports

0.6%

NAP

100.0%

03/20/2014

Springing

Loan

Phoenix Point Townhomes(29)

0.6%

NAP

94.9%

02/19/2014

4,500

A-1-15

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Upfront

Monthly

Property

Initial Pool

Lease

Occupancy

Replacement

Flag

Property Name

Balance

5th Largest Tenant

Expiration(18)

Occupancy(5)(21)

As-of Date

Reserves($)(22)

Reserves ($)(23)

Loan

Kona and Kailua Self Storage Portfolio

0.5%

74.3%

03/31/2014

1,073

Property

31.01

Kailua Self Storage

0.4%

NAP

79.2%

03/31/2014

Property

31.02

Kona Self Storage

0.2%

NAP

67.6%

03/31/2014

Loan

Woodbridge Apartments

0.5%

NAP

89.6%

01/21/2014

4,417

Loan

Dollar General Portfolio

0.5%

100.0%

04/23/2014

455

Property

33.01

Dollar General - Punta Gorda

0.1%

NAP

100.0%

04/23/2014

Property

33.02

Dollar General - Cape Coral

0.1%

NAP

100.0%

04/23/2014

Property

33.03

Dollar General - Davenport

0.1%

NAP

100.0%

04/23/2014

Property

33.04

Dollar General - Winter Haven

0.1%

NAP

100.0%

04/23/2014

Loan

Walgreens, CVS, O’Reilly Auto Portfolio

0.5%

100.0%

03/19/2014

Springing

Property

34.01

Walgreens - Trenton, OH

0.2%

NAP

100.0%

03/19/2014

Property

34.02

CVS - Port St. Joe, FL

0.2%

NAP

100.0%

03/19/2014

Property

34.03

O’Reilly Auto - Kokomo, IN

0.1%

NAP

100.0%

03/19/2014

Loan

Fairfield Inn & Suites by Marriott

0.5%

NAP

62.3%

11/30/2013

4.0% of gross revenues of two months prior

Loan

Walnut Ranch Apartments

0.5%

NAP

95.8%

02/20/2014

1,980

Loan

Cholla Ranch Apartments

0.5%

NAP

98.9%

03/31/2014

4,275

Loan

Casa Maribela

0.5%

NAP

90.5%

03/25/2014

3,979

Loan

Radcliff Square Shopping Center

0.5%

daVincini Italian Restaurant

4,800

04/30/2024

92.1%

01/01/2014

1,213

Loan

Prospect West

0.5%

NAP

100.0%

04/01/2014

50,000

1,278

Loan

Downers Grove Industrial

0.5%

NAP

100.0%

04/29/2014

700

Loan

Country Market

0.5%

NAP

100.0%

06/05/2014

831

Loan

Addison Place

0.4%

PBL Sales, LLC (Piper Lillies)

2,440

07/31/2014

97.3%

04/23/2014

739

Loan

Baymeadows

0.4%

NAP

95.1%

03/26/2014

3,333

Loan

Executive Center IV

0.4%

Voit & Hamilton, LLC

2,844

12/31/2017

88.4%

02/01/2014

2,782

Loan

La Quinta - Savannah Airport

0.4%

NAP

76.2%

01/31/2014

1/12 of 4.0% of prior year’s gross income

Loan

Holiday Inn Staunton Conference Center

0.4%

NAP

54.0%

01/31/2014

1/12 of 4.0% of lender calculated annual gross revenues

Loan

Shoppes at Carol Stream

0.4%

Subway

1,368

04/30/2021

100.0%

03/25/2014

264

Loan

Coral Springs Apartment Portfolio

0.3%

NAP

95.3%

Various

896

Property

49.01

Castlewood Townhome Apartments

0.2%

NAP

95.8%

02/05/2014

Property

49.02

Glenwood Apartments

0.1%

NAP

94.7%

02/18/2014

A-1-16

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of	Upfront	Monthly	Upfront	Monthly	Upfront		Monthly	Upfront
Property			Initial Pool	TI/LC	TI/LC	Tax	Tax	Insurance		Insurance	Engineering
Flag	ID	Property Name	Balance	Reserves ($)(22)(24)	Reserves ($)(23)(24)	Reserves ($)(22)	Reserves ($)(23)(24)	Reserves($)(22)		Reserves ($)(23)(24)	Reserve($)(22)
Loan	1	Bronx Terminal Market(27)(29)(30)	9.9%		Springing		Springing			Springing
Loan	2	State Farm Portfolio(27)(28)	9.5%		Springing		Springing			Springing
Property	2.01	Charlottesville State Farm Office	1.3%
Property	2.02	Murfreesboro State Farm Office	1.1%
Property	2.03	Ballston Spa State Farm Office	1.0%
Property	2.04	Birmingham State Farm Office	0.9%
Property	2.05	Tulsa State Farm Office	0.8%						��
Property	2.06	Columbia State Farm Office	0.8%
Property	2.07	Jacksonville State Farm Office	0.8%
Property	2.08	Lincoln North State Farm Office	0.6%
Property	2.09	Greeley Central State Farm Office	0.5%
Property	2.10	New Albany State Farm Office	0.5%
Property	2.11	Lincoln South State Farm Office	0.3%
Property	2.12	Greeley South State Farm Office	0.3%
Property	2.13	Kalamazoo State Farm Office	0.2%
Property	2.14	Greeley North State Farm Office	0.2%
Loan	3	Equitable Plaza	9.0%	1,500,000	117,584	152,618	50,873			Springing	8,000
Loan	4	Southfield Town Center(27)	7.6%	12,600,000	179,362	2,259,860	360,991	48,470		48,470	277,438
Loan	5	Sixty LES	5.9%			570,396	114,079	100,873		11,208	27,875
Loan	6	1100 Superior Avenue(29)	5.0%	450,000	48,064	488,211	97,642			Springing	23,285
Loan	7	Solo Cup	4.5%		Springing		Springing			Springing	139,610
Loan	8	Hilton Charlotte University Place	4.3%			169,782	33,956			Springing	11,550
Loan	9	Sunrise Hospitality Portfolio	3.2%			252,687	38,803			Springing
Property	9.01	Holiday Inn Express & Suites - West Monroe	1.1%
Property	9.02	Holiday Inn Express & Suites - Shreveport South Park Plaza	0.8%
Property	9.03	Holiday Inn Express & Suites - Bossier City Race Track	0.5%
Property	9.04	Hampton Inn & Suites - Bossier City	0.5%
Property	9.05	Holiday Inn Express & Suites - Shreveport Airport	0.3%
Loan	10	Village Square and Deerpath Court	2.9%
Property	10.01	Village Square	1.8%
Property	10.02	Deerpath Court	1.1%
Loan	11	Newport Commons(31)	2.7%			241,847	31,756	6,740		6,740	29,625
Loan	12	Preserve at Grande Oaks	2.6%			142,457	28,491	6,213		6,213
Loan	13	Pine Haven RV Park	2.4%			24,607	9,464	27,775		6,038
Loan	14	Westgate Plaza	2.4%	100,000	7,498	111,587	27,897			Springing	343,119
Loan	15	Enclave at Prestonwood	2.2%			178,275	44,569			Springing	25,313
Loan	16	Capstar Plaza	2.2%				Springing			Springing
Loan	17	Florida Multifamily Portfolio	2.0%			22,175	22,175			Springing	112,438
Property	17.01	Shadowood Apartments	0.5%
Property	17.02	University Square Apartments	0.4%
Property	17.03	Terrace Trace Apartments	0.4%
Property	17.04	Hidden Acres Apartments	0.4%
Property	17.05	Pinellas Pines Apartments	0.3%
Loan	18	North Penn Business Park	2.0%		18,132	172,685	24,749	69,654		6,831	31,250
Loan	19	Cincinnati Multifamily Portfolio	1.4%			46,162	12,103			Springing	99,469
Property	19.01	Alms Hills	0.4%
Property	19.02	Reids Valley	0.4%
Property	19.03	Shelton Gardens	0.3%
Property	19.04	Lima Club	0.2%
Loan	20	Rochester Gas & Electric	1.2%				Springing			Springing
Loan	21	Holiday Inn Express & Suites Santa Cruz(29)	1.2%			64,199	16,050	9,554		4,777
Loan	22	3350 George Washington Way	1.1%	200,000		36,135	Springing	14,553		1,213
Loan	23	Drummer Boy RV Park	1.1%			27,792	6,042	13,372		2,907
Loan	24	Aspen Woods Apartments	0.9%			66,492	11,874	34,539		6,168	38,830
Loan	25	Cypress Courtyard	0.9%		5,168	48,244	6,348	10,922		4,201	6,250
Loan	26	Chatham Grove Apartments	0.8%			76,726	14,438	17,872		4,468	979,950
Loan	27	Hilltop Shopping Center	0.8%	295,416	5,742	4,552	4,552	2,580		1,290	275,000
Loan	28	Courtyard by Marriott - Hartford Manchester(29)	0.7%			61,033	15,258			Springing
Loan	29	Academy Sports	0.6%		Springing		Springing			Springing
Loan	30	Phoenix Point Townhomes(29)	0.6%			21,884	4,377	15,913		5,304	8,625

A-1-17

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

			% of	Upfront	Monthly	Upfront	Monthly	Upfront	Monthly	Upfront
Property			Initial Pool	TI/LC	TI/LC	Tax	Tax	Insurance	Insurance	Engineering
Flag	ID	Property Name	Balance	Reserves ($)(22)(24)	Reserves ($)(23)(24)	Reserves ($)(22)	Reserves ($)(23)(24)	Reserves($)(22)	Reserves ($)(23)(24)	Reserve($)(22)
Loan	31	Kona and Kailua Self Storage Portfolio	0.5%			25,724	5,145	7,321	2,440	33,500
Property	31.01	Kailua Self Storage	0.4%
Property	31.02	Kona Self Storage	0.2%
Loan	32	Woodbridge Apartments	0.5%			46,644	6,663		5,883	14,688
Loan	33	Dollar General Portfolio	0.5%		Springing	23,837	3,405		Springing
Property	33.01	Dollar General - Punta Gorda	0.1%
Property	33.02	Dollar General - Cape Coral	0.1%
Property	33.03	Dollar General - Davenport	0.1%
Property	33.04	Dollar General - Winter Haven	0.1%
Loan	34	Walgreens, CVS, O’Reilly Auto Portfolio	0.5%		Springing		Springing		Springing
Property	34.01	Walgreens - Trenton, OH	0.2%
Property	34.02	CVS - Port St. Joe, FL	0.2%
Property	34.03	O’Reilly Auto - Kokomo, IN	0.1%
Loan	35	Fairfield Inn & Suites by Marriott	0.5%				4,876	2,239	1,120	6,813
Loan	36	Walnut Ranch Apartments	0.5%			2,871	5,828	3,528	2,478	58,355
Loan	37	Cholla Ranch Apartments	0.5%			7,410	7,410		Springing	2,750
Loan	38	Casa Maribela	0.5%				3,150	22,756	3,447	9,375
Loan	39	Radcliff Square Shopping Center	0.5%	141,207	4,045	12,913	2,583	2,029	2,029
Loan	40	Prospect West	0.5%		Springing		Springing		Springing
Loan	41	Downers Grove Industrial	0.5%		Springing	21,079	7,026	2,801	350	291,792
Loan	42	Country Market	0.5%			33,000	10,461	782	782
Loan	43	Addison Place	0.4%		2,770	21,960	2,554	10,896	1,135
Loan	44	Baymeadows	0.4%			65,645	8,206	33,886	6,283	103,615
Loan	45	Executive Center IV	0.4%		8,918		8,435	3,316	921
Loan	46	La Quinta - Savannah Airport	0.4%			17,725	3,165	22,500	3,409
Loan	47	Holiday Inn Staunton Conference Center	0.4%			19,313	3,182	6,516	3,258	18,125
Loan	48	Shoppes at Carol Stream	0.4%		3,526	78,830	8,900	1,355	452
Loan	49	Coral Springs Apartment Portfolio	0.3%			21,112	5,278	3,808	3,808
Property	49.01	Castlewood Townhome Apartments	0.2%
Property	49.02	Glenwood Apartments	0.1%

A-1-18

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Other

Environmental

Property

Initial Pool

Other

Reserves

Report

Engineering

Flag

Property Name

Balance

Reserves ($)(22)(23)

Description(22)(23)(24)

Date(25)

Report Date

Loan

Bronx Terminal Market(27)(29)(30)

9.9%

Springing

Ground Rent Reserve (Monthly: Springing)

01/08/2014

01/07/2014

Loan

State Farm Portfolio(27)(28)

9.5%

Springing

Major Tenant TI/LC Reserve (Springing Monthly: Excess Cash Flow); State Farm Prepaid Base Rent (Springing)

Various

03/17/2014

Property

2.01

Charlottesville State Farm Office

1.3%

03/10/2014

03/17/2014

Property

2.02

Murfreesboro State Farm Office

1.1%

03/11/2014

03/17/2014

Property

2.03

Ballston Spa State Farm Office

1.0%

03/17/2014

Property

2.04

Birmingham State Farm Office

0.9%

03/10/2014

03/17/2014

Property

2.05

Tulsa State Farm Office

0.8%

03/10/2014

03/17/2014

Property

2.06

Columbia State Farm Office

0.8%

03/10/2014

03/17/2014

Property

2.07

Jacksonville State Farm Office

0.8%

03/11/2014

03/17/2014

Property

2.08

Lincoln North State Farm Office

0.6%

03/18/2014

03/17/2014

Property

2.09

Greeley Central State Farm Office

0.5%

03/17/2014

Property

2.10

New Albany State Farm Office

0.5%

03/17/2014

Property

2.11

Lincoln South State Farm Office

0.3%

03/18/2014

03/17/2014

Property

2.12

Greeley South State Farm Office

0.3%

03/17/2014

Property

2.13

Kalamazoo State Farm Office

0.2%

03/18/2014

03/17/2014

Property

2.14

Greeley North State Farm Office

0.2%

03/17/2014

Loan

Equitable Plaza

9.0%

1,772,480

Free Rent Reserve (Upfront: 1,264,188); Scheduled Existing TI/LC Reserve (Upfront: 508,292)

03/17/2014

Loan

Southfield Town Center(27)

7.6%

7,173,317

Free Rent Reserve (Upfront:2,668,939); Existing Leases Reserve (Upfront: 4,504,378)

04/03/2014

Loan

Sixty LES

5.9%

49,200

Permanent Certificate of Occupancy (Upfront: 49,200); Common Charge Reserve (Monthly: Springing)

12/17/2013

12/15/2013

Loan

1100 Superior Avenue(29)

5.0%

1,441,312

Unfunded Obligation Reserve (Upfront: 1,441,312); Major Tenant Rollover (Springing Monthly: Excess Cash Flow)

04/07/2014

Loan

Solo Cup

4.5%

10/03/2013

Loan

Hilton Charlotte University Place

4.3%

75,000

Seasonality Reserve (Upfront: 75,000; Monthly: 25,000)

03/14/2014

Loan

Sunrise Hospitality Portfolio

3.2%

387,875

Franchise PIP Funds (Upfront: 387,875)

Various

04/14/2014

Property

9.01

Holiday Inn Express & Suites - West Monroe

1.1%

04/15/2014

04/14/2014

Property

9.02

Holiday Inn Express & Suites - Shreveport South Park Plaza

0.8%

04/14/2014

Property

9.03

Holiday Inn Express & Suites - Bossier City Race Track

0.5%

04/11/2014

04/14/2014

Property

9.04

Hampton Inn & Suites - Bossier City

0.5%

04/14/2014

Property

9.05

Holiday Inn Express & Suites - Shreveport Airport

0.3%

04/15/2014

04/14/2014

Loan

Village Square and Deerpath Court

2.9%

13,352

Environmental Insurance Reserve (Upfront: 13,352)

Various

Property

10.01

Village Square

1.8%

03/31/2014

03/27/2014

Property

10.02

Deerpath Court

1.1%

03/28/2014

03/25/2014

Loan

Newport Commons(31)

2.7%

02/28/2014

Loan

Preserve at Grande Oaks

2.6%

200,000

Holdback Reserve (Upfront: 200,000)

04/01/2014

Loan

Pine Haven RV Park

2.4%

586,850

Seasonality Reserve (Upfront: 500,000; Springing Monthly: Excess Cash Flow); Relocation Reserve (Upfront: 86,850)

03/14/2014

Loan

Westgate Plaza

2.4%

03/28/2014

03/31/2014

Loan

Enclave at Prestonwood

2.2%

1,500,330

Renovation Reserve (Upfront: 1,500,330)

02/26/2014

Loan

Capstar Plaza

2.2%

12/02/2013

12/05/2013

Loan

Florida Multifamily Portfolio

2.0%

Property

17.01

Shadowood Apartments

0.5%

03/18/2014

03/17/2014

Property

17.02

University Square Apartments

0.4%

03/18/2014

03/17/2014

Property

17.03

Terrace Trace Apartments

0.4%

03/18/2014

03/17/2014

Property

17.04

Hidden Acres Apartments

0.4%

03/18/2014

03/17/2014

Property

17.05

Pinellas Pines Apartments

0.3%

03/18/2014

03/17/2014

Loan

North Penn Business Park

2.0%

800,000

Back-up Reserve (Upfront: 200,000); Accretive Lease (Upfront: 600,000); Dal-Tile Accretive Lease (Springing monthly: excess cash flow)

02/18/2014

02/19/2014

Loan

Cincinnati Multifamily Portfolio

1.4%

8,625

Environmental Repairs (Upfront: 8,625)

Property

19.01

Alms Hills

0.4%

02/25/2014

02/27/2014

Property

19.02

Reids Valley

0.4%

02/25/2014

Property

19.03

Shelton Gardens

0.3%

02/25/2014

Property

19.04

Lima Club

0.2%

02/26/2014

02/25/2014

Loan

Rochester Gas & Electric

1.2%

Springing

Retenanting Reserve (Springing Monthly: Excess Cash Flow); ARD Subaccount Reserve (Springing Monthly: Monthly Debt Service)

11/07/2013

Loan

Holiday Inn Express & Suites Santa Cruz(29)

1.2%

166,267

Debt Service Reserve (Upfront: 132,378); Seasonality Reserve (Upfront: 33,889; Monthly: 17,521)

03/04/2014

03/05/2014

Loan

3350 George Washington Way

1.1%

20,180

Ground Lease Reserve (Upfront: 20,180, Monthly: Springing)

03/19/2014

Loan

Drummer Boy RV Park

1.1%

366,119

Seasonality Reserve (Upfront: 350,000; Springing Monthly: Excess Cash Flow); Outstanding Zoning Matters Reserve (Upfront: 16,119)

03/14/2014

Loan

Aspen Woods Apartments

0.9%

18,750

Mold Remediation Reserve (Upfront: 18,750)

03/19/2014

Loan

Cypress Courtyard

0.9%

51,600

Unfunded Obligation (Upfront: 51,600); Major Tenant (Springing Monthly: Excess Cash Flow)

04/17/2014

Loan

Chatham Grove Apartments

0.8%

3,125

Building Code Violation (Upfront: 3,125)

05/02/2014

Loan

Hilltop Shopping Center

0.8%

725,614

Party City Construction Reserve (Upfront: 362,733); Party City Co-Tenancy (Upfront: 200,000); Free Rent/Recoveries Reserve (Upfront: 162,881)

02/04/2014

02/13/2014

Loan

Courtyard by Marriott - Hartford Manchester(29)

0.7%

Springing

Required Future PIP Renovations

04/17/2014

04/21/2014

Loan

Academy Sports

0.6%

02/12/2014

02/13/2014

Loan

Phoenix Point Townhomes(29)

0.6%

02/04/2014

A-1-19

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Other

Environmental

Property

Initial Pool

Other

Reserves

Report

Engineering

Flag

Property Name

Balance

Reserves ($)(22)(23)

Description(22)(23)(24)

Date(25)

Report Date

Loan

Kona and Kailua Self Storage Portfolio

0.5%

Property

31.01

Kailua Self Storage

0.4%

04/11/2014

Property

31.02

Kona Self Storage

0.2%

04/11/2014

Loan

Woodbridge Apartments

0.5%

1,000

O&M Plan (Upfront: 1,000)

02/03/2014

02/01/2014

Loan

Dollar General Portfolio

0.5%

Property

33.01

Dollar General - Punta Gorda

0.1%

03/17/2014

Property

33.02

Dollar General - Cape Coral

0.1%

03/17/2014

Property

33.03

Dollar General - Davenport

0.1%

03/17/2014

Property

33.04

Dollar General - Winter Haven

0.1%

03/17/2014

Loan

Walgreens, CVS, O’Reilly Auto Portfolio

0.5%

Property

34.01

Walgreens - Trenton, OH

0.2%

11/27/2013

11/18/2013

Property

34.02

CVS - Port St. Joe, FL

0.2%

04/25/2014

09/24/2013

Property

34.03

O’Reilly Auto - Kokomo, IN

0.1%

11/18/2013

11/14/2013

Loan

Fairfield Inn & Suites by Marriott

0.5%

23,525

Seasonality Reserve (Upfront: 23,525; Monthly: 23,525)

11/25/2013

Loan

Walnut Ranch Apartments

0.5%

01/07/2014

Loan

Cholla Ranch Apartments

0.5%

02/04/2014

Loan

Casa Maribela

0.5%

02/10/2014

02/06/2014

Loan

Radcliff Square Shopping Center

0.5%

03/07/2014

Loan

Prospect West

0.5%

Springing

Roof Replacement Reserve

03/20/2014

03/19/2014

Loan

Downers Grove Industrial

0.5%

04/21/2014

04/14/2014

Loan

Country Market

0.5%

Springing

Retenanting Reserve (Springing Monthly: Excess Cash Flow)

02/13/2014

Loan

Addison Place

0.4%

348,751

Renovation Reserve (Upfront: 300,000); Tenant Reserves (Upfront: 46,400); Free Rent Reserve (Upfront: 2,351)

02/12/2014

Loan

Baymeadows

0.4%

09/03/2013

09/04/2013

Loan

Executive Center IV

0.4%

575,000

Achievement Reserve (Upfront: 575,000); Major Tenant Rollover (Springing Monthly: Excess Cash Flow)

11/13/2013

Loan

La Quinta - Savannah Airport

0.4%

02/19/2014

Loan

Holiday Inn Staunton Conference Center

0.4%

16,615

Seasonality Reserve (Upfront: 16,615; Monthly: 8,308)

03/24/2014

Loan

Shoppes at Carol Stream

0.4%

10/15/2013

10/16/2013

Loan

Coral Springs Apartment Portfolio

0.3%

02/18/2014

Property

49.01

Castlewood Townhome Apartments

0.2%

02/18/2014

Property

49.02

Glenwood Apartments

0.1%

02/18/2014

A-1-20

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Property

Initial Pool

Loan

Flag

Property Name

Balance

Purpose

Sponsor

Guarantor(26)

Loan

Bronx Terminal Market(27)(29)(30)

9.9%

Refinance

The Related Companies, L.P.

Loan

State Farm Portfolio(27)(28)

9.5%

Acquisition

JDM Partners Opportunity Fund II LLC

Property

2.01

Charlottesville State Farm Office

1.3%

Property

2.02

Murfreesboro State Farm Office

1.1%

Property

2.03

Ballston Spa State Farm Office

1.0%

Property

2.04

Birmingham State Farm Office

0.9%

Property

2.05

Tulsa State Farm Office

0.8%

Property

2.06

Columbia State Farm Office

0.8%

Property

2.07

Jacksonville State Farm Office

0.8%

Property

2.08

Lincoln North State Farm Office

0.6%

Property

2.09

Greeley Central State Farm Office

0.5%

Property

2.10

New Albany State Farm Office

0.5%

Property

2.11

Lincoln South State Farm Office

0.3%

Property

2.12

Greeley South State Farm Office

0.3%

Property

2.13

Kalamazoo State Farm Office

0.2%

Property

2.14

Greeley North State Farm Office

0.2%

Loan

Equitable Plaza

9.0%

Refinance

David Y. Lee

Loan

Southfield Town Center(27)

7.6%

Acquisition

Michael Silberberg; Alfons Melohn; Dennis Platt; Ronnie Roz; Harry Jacobowitz

Loan

Sixty LES

5.9%

Refinance

Michael Pomeranc, Lawrence Pomeranc, Jason Pomeranc

Loan

1100 Superior Avenue(29)

5.0%

Refinance

Yisroel Gluck

Loan

Solo Cup

4.5%

Acquisition

Corporate Property Associates 18 - Global Incorporated

Loan

Hilton Charlotte University Place

4.3%

Refinance

Kenneth Kochenour

Loan

Sunrise Hospitality Portfolio

3.2%

Refinance

M. Kevin Dzurik; Kevin C. Gamble; Keith E. Gamble; Denny Gamble, Jr.

Property

9.01

Holiday Inn Express & Suites - West Monroe

1.1%

Property

9.02

Holiday Inn Express & Suites - Shreveport South Park Plaza

0.8%

Property

9.03

Holiday Inn Express & Suites - Bossier City Race Track

0.5%

Property

9.04

Hampton Inn & Suites - Bossier City

0.5%

Property

9.05

Holiday Inn Express & Suites - Shreveport Airport

0.3%

Loan

Village Square and Deerpath Court

2.9%

Refinance

John Alan Sfire

Property

10.01

Village Square

1.8%

Property

10.02

Deerpath Court

1.1%

Loan

Newport Commons(31)

2.7%

Refinance

Laralee Bash; Nathan Yoder

Loan

Preserve at Grande Oaks

2.6%

Refinance

Charles F. Weber

Loan

Pine Haven RV Park

2.4%

Refinance

Barry L. Haase

Loan

Westgate Plaza

2.4%

Refinance

Victory Real Estate Investments, LLC

Loan

Enclave at Prestonwood

2.2%

Acquisition

Carlos P. Vaz

Loan

Capstar Plaza

2.2%

Acquisition

Jane B. Holzer

Loan

Florida Multifamily Portfolio

2.0%

Refinance

Arbor Realty SR, Inc.

Property

17.01

Shadowood Apartments

0.5%

Property

17.02

University Square Apartments

0.4%

Property

17.03

Terrace Trace Apartments

0.4%

Property

17.04

Hidden Acres Apartments

0.4%

Property

17.05

Pinellas Pines Apartments

0.3%

Loan

North Penn Business Park

2.0%

Refinance

Stoltz Management of Delaware, Inc.

Cirrus 210 LLC

Loan

Cincinnati Multifamily Portfolio

1.4%

Refinance

Chaim Puretz

Property

19.01

Alms Hills

0.4%

Property

19.02

Reids Valley

0.4%

Property

19.03

Shelton Gardens

0.3%

Property

19.04

Lima Club

0.2%

Loan

Rochester Gas & Electric

1.2%

Refinance

Allen Singer

Loan

Holiday Inn Express & Suites Santa Cruz(29)

1.2%

Acquisition

Blu Hotel Investors

The SKAC Quach Living Trust dated September 21, 2001, Steve Y. Quach,

Kathy T. Quach, Michael A. Barnard and Rony Husein

Loan

3350 George Washington Way

1.1%

Refinance

Cowperwood Company, Inc.

John C. Harvey

Loan

Drummer Boy RV Park

1.1%

Refinance

Barry L. Haase

Loan

Aspen Woods Apartments

0.9%

Refinance

William Ian MacDonald

Loan

Cypress Courtyard

0.9%

Refinance

Daniel Hotte

Loan

Chatham Grove Apartments

0.8%

Refinance

Nikola Kozul

Loan

Hilltop Shopping Center

0.8%

Refinance

Mark Vakili

Loan

Courtyard by Marriott - Hartford Manchester(29)

0.7%

Refinance

Ashford Hospitality Limited Partnership

Loan

Academy Sports

0.6%

Acquisition

Inland Private Capital Corporation

Loan

Phoenix Point Townhomes(29)

0.6%

Refinance

Alexius J. Dorsey; Mark Seruya

A-1-21

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Property

Initial Pool

Loan

Flag

Property Name

Balance

Purpose

Sponsor

Guarantor(26)

Loan

Kona and Kailua Self Storage Portfolio

0.5%

Acquisition

Mark L. Conzelman & M. Paul Conzelman

Property

31.01

Kailua Self Storage

0.4%

Property

31.02

Kona Self Storage

0.2%

Loan

Woodbridge Apartments

0.5%

Refinance

Gursharan Pannu

Loan

Dollar General Portfolio

0.5%

Refinance

John N. Daniel III; Michael D. Houghton; Austin B. Cox

Property

33.01

Dollar General - Punta Gorda

0.1%

Property

33.02

Dollar General - Cape Coral

0.1%

Property

33.03

Dollar General - Davenport

0.1%

Property

33.04

Dollar General - Winter Haven

0.1%

Loan

Walgreens, CVS, O’Reilly Auto Portfolio

0.5%

Acquisition

Inland Private Capital Corporation

Property

34.01

Walgreens - Trenton, OH

0.2%

Property

34.02

CVS - Port St. Joe, FL

0.2%

Property

34.03

O’Reilly Auto - Kokomo, IN

0.1%

Loan

Fairfield Inn & Suites by Marriott

0.5%

Refinance

Mahinder S. Chhabra

Mahinder S. Chhabra; Kuldeep Chhabra

Loan

Walnut Ranch Apartments

0.5%

Refinance

Karen S. Fox

Loan

Cholla Ranch Apartments

0.5%

Refinance

Robert H. Turner

Loan

Casa Maribela

0.5%

Refinance

James Peter Niebuhr; Thomas Abraham Niebuhr; Richard Brian Niebuhr;

David Jack Niebuhr; Dieter Nickel; Janet Claire Lepage

James Peter Niebuhr; Thomas Abraham Niebuhr; Richard Brian Niebuhr;

David Jack Niebuhr; Dieter Nickel; Janet Claire Lepage

Loan

Radcliff Square Shopping Center

0.5%

Refinance

Joseph L. Markham

Loan

Prospect West

0.5%

Acquisition

Gladstone Commercial Corporation

Loan

Downers Grove Industrial

0.5%

Refinance

John E. Shaffer; E. Thomas Collins Jr

Loan

Country Market

0.5%

Acquisition

Marsha D. Barker f/k/a Marsha D. Calfin

Loan

Addison Place

0.4%

Refinance

John L. Varner

Loan

Baymeadows

0.4%

Refinance

Avesta Real Estate Holdings LLC

Peter Reynolds, Nathaniel Fischer

Loan

Executive Center IV

0.4%

Refinance

Joshua Carl

Loan

La Quinta - Savannah Airport

0.4%

Refinance

Bharatbhai M. Patel

Loan

Holiday Inn Staunton Conference Center

0.4%

Refinance

Jagdish R. Patel

Loan

Shoppes at Carol Stream

0.4%

Refinance

Charles H. Cui

Loan

Coral Springs Apartment Portfolio

0.3%

Acquisition

Lewis Moscovitch

Property

49.01

Castlewood Townhome Apartments

0.2%

Property

49.02

Glenwood Apartments

0.1%

A-1-22

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Existing

Future Debt

Property

Initial Pool

Additional Debt

Permitted

Flag

Property Name

Balance

Amount

Description

Type

Loan

Bronx Terminal Market(27)(29)(30)

9.9%

275,000,000

Pari Passu Debt

Mezzanine

Loan

State Farm Portfolio(27)(28)

9.5%

369,500,000

$283.5 Million Pari Passu Debt; $86.0 Million Mezzanine Debt

NAP

Property

2.01

Charlottesville State Farm Office

1.3%

Property

2.02

Murfreesboro State Farm Office

1.1%

Property

2.03

Ballston Spa State Farm Office

1.0%

Property

2.04

Birmingham State Farm Office

0.9%

Property

2.05

Tulsa State Farm Office

0.8%

Property

2.06

Columbia State Farm Office

0.8%

Property

2.07

Jacksonville State Farm Office

0.8%

Property

2.08

Lincoln North State Farm Office

0.6%

Property

2.09

Greeley Central State Farm Office

0.5%

Property

2.10

New Albany State Farm Office

0.5%

Property

2.11

Lincoln South State Farm Office

0.3%

Property

2.12

Greeley South State Farm Office

0.3%

Property

2.13

Kalamazoo State Farm Office

0.2%

Property

2.14

Greeley North State Farm Office

0.2%

Loan

Equitable Plaza

9.0%

None

NAP

Loan

Southfield Town Center(27)

7.6%

62,000,000

Pari Passu Debt

NAP

Loan

Sixty LES

5.9%

None

NAP

Loan

1100 Superior Avenue(29)

5.0%

None

Mezzanine

Loan

Solo Cup

4.5%

None

NAP

Loan

Hilton Charlotte University Place

4.3%

None

NAP

Loan

Sunrise Hospitality Portfolio

3.2%

None

NAP

Property

9.01

Holiday Inn Express & Suites - West Monroe

1.1%

Property

9.02

Holiday Inn Express & Suites - Shreveport South Park Plaza

0.8%

Property

9.03

Holiday Inn Express & Suites - Bossier City Race Track

0.5%

Property

9.04

Hampton Inn & Suites - Bossier City

0.5%

Property

9.05

Holiday Inn Express & Suites - Shreveport Airport

0.3%

Loan

Village Square and Deerpath Court

2.9%

None

NAP

Property

10.01

Village Square

1.8%

Property

10.02

Deerpath Court

1.1%

Loan

Newport Commons(31)

2.7%

2,000,000

Preferred Equity

NAP

Loan

Preserve at Grande Oaks

2.6%

None

NAP

Loan

Pine Haven RV Park

2.4%

None

NAP

Loan

Westgate Plaza

2.4%

None

NAP

Loan

Enclave at Prestonwood

2.2%

None

NAP

Loan

Capstar Plaza

2.2%

None

NAP

Loan

Florida Multifamily Portfolio

2.0%

None

NAP

Property

17.01

Shadowood Apartments

0.5%

Property

17.02

University Square Apartments

0.4%

Property

17.03

Terrace Trace Apartments

0.4%

Property

17.04

Hidden Acres Apartments

0.4%

Property

17.05

Pinellas Pines Apartments

0.3%

Loan

North Penn Business Park

2.0%

None

NAP

Loan

Cincinnati Multifamily Portfolio

1.4%

None

NAP

Property

19.01

Alms Hills

0.4%

Property

19.02

Reids Valley

0.4%

Property

19.03

Shelton Gardens

0.3%

Property

19.04

Lima Club

0.2%

Loan

Rochester Gas & Electric

1.2%

None

NAP

Loan

Holiday Inn Express & Suites Santa Cruz(29)

1.2%

None

Mezzanine

Loan

3350 George Washington Way

1.1%

None

NAP

Loan

Drummer Boy RV Park

1.1%

None

NAP

Loan

Aspen Woods Apartments

0.9%

None

NAP

Loan

Cypress Courtyard

0.9%

None

NAP

Loan

Chatham Grove Apartments

0.8%

None

NAP

Loan

Hilltop Shopping Center

0.8%

None

NAP

Loan

Courtyard by Marriott - Hartford Manchester(29)

0.7%

None

Mezzanine

Loan

Academy Sports

0.6%

None

Guarantor Loans

Loan

Phoenix Point Townhomes(29)

0.6%

None

Mezzanine

A-1-23

COMM 2014-UBS3

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

% of

Existing

Future Debt

Property

Initial Pool

Additional Debt

Permitted

Flag

Property Name

Balance

Amount

Description

Type

Loan

Kona and Kailua Self Storage Portfolio

0.5%

None

NAP

Property

31.01

Kailua Self Storage

0.4%

Property

31.02

Kona Self Storage

0.2%

Loan

Woodbridge Apartments

0.5%

None

NAP

Loan

Dollar General Portfolio

0.5%

None

NAP

Property

33.01

Dollar General - Punta Gorda

0.1%

Property

33.02

Dollar General - Cape Coral

0.1%

Property

33.03

Dollar General - Davenport

0.1%

Property

33.04

Dollar General - Winter Haven

0.1%

Loan

Walgreens, CVS, O’Reilly Auto Portfolio

0.5%

None

Guarantor Loans

Property

34.01

Walgreens - Trenton, OH

0.2%

Property

34.02

CVS - Port St. Joe, FL

0.2%

Property

34.03

O’Reilly Auto - Kokomo, IN

0.1%

Loan

Fairfield Inn & Suites by Marriott

0.5%

None

NAP

Loan

Walnut Ranch Apartments

0.5%

None

NAP

Loan

Cholla Ranch Apartments

0.5%

None

NAP

Loan

Casa Maribela

0.5%

None

NAP

Loan

Radcliff Square Shopping Center

0.5%

None

NAP

Loan

Prospect West

0.5%

None

NAP

Loan

Downers Grove Industrial

0.5%

None

NAP

Loan

Country Market

0.5%

None

NAP

Loan

Addison Place

0.4%

None

NAP

Loan

Baymeadows

0.4%

None

NAP

Loan

Executive Center IV

0.4%

None

NAP

Loan

La Quinta - Savannah Airport

0.4%

None

NAP

Loan

Holiday Inn Staunton Conference Center

0.4%

None

NAP

Loan

Shoppes at Carol Stream

0.4%

None

NAP

Loan

Coral Springs Apartment Portfolio

0.3%

None

NAP

Property

49.01

Castlewood Townhome Apartments

0.2%

Property

49.02

Glenwood Apartments

0.1%

A-1-24

COMM 2014-UBS3

FOOTNOTES TO ANNEX A-1

(1)	GACC—German American Capital Corporation or one of its affiliates; UBSRES—UBS Real Estate Securities Inc. or one of its affiliates; Natixis—Natixis Real Estate Capital LLC or one of its affiliates; KeyBank—KeyBank National Association or one of its affiliates.

(2)	GACC—German American Capital Corporation or one of its affiliates; UBSRES—UBS Real Estate Securities Inc. or one of its affiliates; Natixis—Natixis Real Estate Capital LLC or one of its affiliates; KeyBank—KeyBank National Association or one of its affiliates.

(3)	Loan No. 1 - Bronx Terminal Market - The Original and Cut-off Date Balance of $105.0 million represents the non-controlling Note A-3 ($80,000,000) and Note A-5-1 ($25,000,000) of a $380.0 million whole loan evidenced by seven pari passu notes. The pari passu companion loans are the controlling Note A-1 and Note A-2 in the aggregate original principal balance of $140.0 million, the non-controlling Note A-4 in the original principal balance of $40.0 million, the non-controlling Note A-5-2 in the original principal balance of $55.0 million and the non-controlling Note A-6 in the original principal balance of $40.0 million. The controlling Note A-1 and Note A-2 are included in the COMM 2014-CCRE17 mortgage trust. The Notes A-5-2 may be further divided and is expected to be held by GACC or an affiliate on the closing date. Each of the Notes A-4 and A-6 may be further divided and are expected to be held by CCRE or an affiliate on the closing date.

	Loan No. 2 –State Farm Portfolio - The Original Balance and Cut-off Date Balance of $100.0 million represents the non-controlling Note A-2 of a $383.5 million whole loan evidenced by four pari passu notes. The pari passu companion loans are the controlling Note A-1 in the original principal balance of $135.0 million, the non-controlling Note A-3 in the original principal balance of $48.5 million and the non-controlling Note A-4 in the original principal balance of $100.0 million. Each of the Notes A-1 and A-3 may be further divided and are expected to be held by UBSRES or an affiliate on the closing date. The Note A-4 may be further divided and is expected to be held by MSMCH or an affiliate on the closing date.

	Loan No. 4 – Southfield Town Center - The Original Balance and Cut-off Date Balance of $80.0 million represents the controlling Note A-1 of a $142.0 million whole loan evidenced by two pari passu notes. The pari passu companion loan is the non-controlling Note A-2 in the original principal balance of $62.0 million, which may be further divided and is expected to be held by GACC or an affiliate on the closing date.

(4)	With respect to any Mortgaged Property securing a multi-property Mortgage Loan, the amounts listed under the headings “Original Balance” and “Cut-off Date Balance” reflect the Allocated Loan Amount related to such Mortgaged Property.

(5)	Loan No. 11 – Newport Commons - The Net Rentable Area and Occupancy for the Newport Commons Mortgaged Property do not include five commercial units. Rent associated with these commercial units accounts for approximately 3.3% of in place rents. Additionally, approximately 10.0% of the units are rented by students.
	Loan No. 19 – Cincinnati Multifamily Portfolio - Each of the Cincinnati Multifamily Portfolio Mortgaged Properties is subject to 20-year Housing Assistance Payment (“HAP”) Contracts. Under the HAP Contracts, the HAP program provides payments directly on behalf of qualified tenants (currently averaging 80% to 90% of the total rent) while the tenant pays the difference.

(6)	Loan No. 2 – State Farm Portfolio – The State Farm Portfolio Mortgage Loan has an ARD feature with an anticipated repayment date of April 6, 2024, when the interest rate will increase from the initial rate of 4.6266% to (i) from April 11, 2024, the first day of the interest period immediately following the anticipated repayment date, through April 10, 2026, the greater of (A) the five-year treasury note rate in effect on the anticipated repayment date plus 3.50% and (B) 7.6266%; and (ii) from April 11, 2026 through April 10, 2029, the last day of the interest period relating to the final maturity date of April 6, 2029, the greater of (A) the five-year treasury note rate in effect on the second anniversary of the anticipated repayment date plus 4.50% and (B) 8.6266%.
	Loan No. 16 – Capstar Plaza – The Capstar Plaza Mortgage Loan has an ARD feature with an anticipated repayment date of April 5, 2024, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of April 5, 2044 of 4.0000% plus the greater of (i) the then current 10-year swap yield and (ii) the initial interest rate.
	Loan No. 19 – Cincinnati Multifamily Portfolio – The Cincinnati Multifamily Portfolio Mortgage Loan has an ARD feature with an anticipated repayment date of April 6, 2024, with a revised interest rate for the period from the anticipated repayment date through April 6, 2034 equal to the greater of (i) 8.4300% and (ii) the sum of (A) 3.000%, (B) 2.500% and (C) the mid-market 10-year swap spread as of the anticipated repayment date.
	Loan No. 20 – Rochester Gas & Electric – The Rochester Gas & Electric Mortgage Loan has an ARD feature with an anticipated repayment date of May 5, 2024, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of May 5, 2025 of 4.0000% plus the greater of (i) the then current 10-year swap yield and (ii) the initial interest rate.
	Loan No. 29 – Academy Sports – The Academy Sports Mortgage Loan has an ARD feature with an anticipated repayment date of May 1, 2024, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of May 1, 2029 of the sum of 2.5000% plus the greater of (i) 4.6800% or (ii) the 10-year swap yield as of the first business day after May 1, 2024; provided that the interest rate shall not exceed 8.6800%.
	Loan No. 34 – Walgreens, CVS, O’Reilly Auto Portfolio – The Walgreens, CVS, O’Reilly Auto Portfolio Mortgage Loan has an ARD feature with an anticipated repayment date of May 1, 2024, with a revised interest rate for the period from the anticipated repayment date through the final maturity date of May 1, 2029 of the sum of 2.5000% plus the greater of (i) 4.5500% or (ii) the 10-year swap yield as of the first business day after May 1, 2024; provided that the interest rate shall not exceed 8.5500%.

(7)	The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the servicing fee, sub-servicing fee, trustee/certificate administrator fee, operating advisor fee and CREFC® license fee with respect to each Mortgage Loan. For purposes of this Annex A-1, the definition of Administrative Fee Rate as it related to any Non-Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non-Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. The Pari Passu Loan Primary Servicing Fee Rate for (A) the Bronx Terminal Market Mortgage Loan will be 0.0050% and (B) the State Farm Portfolio Mortgage Loan will be such amount as will be set forth in the related pooling and servicing agreement on and after the State Farm Portfolio Note A-1 Securitization Date.

(8)	Monthly Debt Service, Annual Debt Service, Pari Passu Companion Loan Monthly Debt Service, Pari Passu Companion Loan Annual Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans or Companion Loans with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period.

A-1-25

(9)	“Hard” generally means, with respect to the Lockbox, that each tenant is required to transfer its rent directly to the lender-controlled lockbox account. However, with respect to hospitality properties, “Hard” means all credit card receipts are deposited directly into the lockbox by the card processing company and all over-the-counter cash and equivalents are deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon the occurrence of a trigger event (as specified in the related Mortgage Loan documents), the borrower is required to establish a lockbox account that will be under lender control and the borrower or property manager is required to collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan documents), each tenant will be required to transfer its rent directly to a lender-controlled lockbox. “Soft Springing Hard” means that the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. Upon a trigger event (as specified in the related Mortgage Loan documents), each tenant will be required to transfer its rent directly into a lender-controlled lockbox.
	Loan No. 19 – Cincinnati Multifamily Portfolio – The Cincinnati Multifamily Portfolio Mortgage Loan is structured with a soft lockbox with respect to rents paid by the tenants and a hard lockbox with respect to HAP payments.
	Loan No. 28 – Courtyard by Marriott – Hartford Manchester – The Courtyard by Marriott – Hartford Manchester mortgage loan has a soft lockbox. All funds received from the property manager after the payment by property manager of all operating expenses, including, without limitation, management fees, working capital reserves and other amounts payable pursuant to the management agreement are deposited on each monthly payment date into the cash management account.

(10)	“In Place” means, with respect to Cash Management, that related property cash flows go through a waterfall of required reserves or other payment amounts due before the lender either (i) disburses excess cash to the related borrower or (ii) retains excess cash as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event, as defined in the related Mortgage Loan documents, In Place cash management (as described above) will take effect, and will generally continue until all trigger events are cured (to the extent a cure is permitted under the related Mortgage Loan documents).
	��
(11)	Loan No. 1 - Bronx Terminal Market - The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the Issuing Entity and the related pari passu companion loans in aggregate.
	Loan No. 2 – State Farm Portfolio - The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the Issuing Entity and the related pari passu companion loans in aggregate.
	Loan No. 4– Southfield Town Center - The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area are calculated based on the mortgage loan included in the Issuing Entity and the related pari passu companion loan in aggregate. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD are calculated net of the $12,600,000 upfront TI/LC reserve and the $9,400,000 upfront replacement reserve.
	Loan No. 45 – Executive Center IV – The Cut-Off Date LTV Ratio, Underwritten NOI Debt Yield and Underwritten NCF Debt Yield are calculated using the Cut-off Date Balance net of the Earnout Reserve of $575,000.

(12)	The grace periods noted under “Grace Period” reflect the number of days of grace before a payment default is an event of default. A grace period does not apply to a maturity date or anticipated repayment date payment. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A-1 to this Free Writing Prospectus.

(13)	Loan No. 15 - Enclave at Prestonwood - Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD are based on the “As Stabilized” Appraised Value of $32.0 million, which assumes the completion of planned renovations at the property and maintaining occupancy of 95% and rents of $793 per unit on a weighted average basis. The Enclave at Prestonwood Mortgaged Property was 92.7% occupied as of April 8, 2014 and had in place rents of $752 per unit on a weighted average basis. At closing, the borrower reserved $1,500,330 for remaining renovations at the property, which are expected to be completed within the next year.
	Loan No. 27 – Hilltop Shopping Center – Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value are based on the “As-Hypothetical” appraised value as of January 1, 2014, of $10,980,000 which assumes that existing leases have commenced and no TI, LC or free rent are outstanding. Natixis reserved $362,733 upfront to complete the construction of the Party City premise, $162,881 upfront to cover the free rent and the free rent recoveries, and $295,416 for outstanding TIs and LCs.

(14)	Prepayment Provisions (# of payments) are shown from the respective Mortgage Loan First Payment Date.
	“L(x)” means lock-out for x payments.
	“D(x)” means may be defeased for x payments.
	“YM1(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 1% of the amount prepaid.
	“O(x)” means freely prepayable for x payments, including the maturity date or anticipated repayment date.
	Certain of the Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with the Mortgage Loan secured by a portfolio of Mortgaged Properties) and certain of the Mortgage Loans permit the substitution of another property or addition of new collateral, in each case under various circumstances. In some cases, this will result in a partial prepayment during what would otherwise be a lockout period. For additional information, see “Description of the Mortgage Pool—Certain Terms and Conditions of the Mortgage Loans—Property Releases” in this Free Writing Prospectus.
	Loan No. 1 - Bronx Terminal Market - The lockout period will be at least 25 payment dates beginning with and including the first payment date of June 6, 2014. Defeasance of the full $380.0 million Bronx Terminal Market Loan Combination is permitted after the date that is earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu companion loan to be securitized and (ii) April 15, 2017. For the purposes of this free writing prospectus, the assumed lockout period of 25 months is based on the expected COMM 2014-UBS3 securitization closing date in June 2014. The actual lockout period may be longer.
	Loan No. 1 - Bronx Terminal Market - On any date after April 15, 2016, so long as no trigger period is then continuing, the borrower may obtain the release of the release parcel, provided certain conditions in the loan documents are met.
	Loan No. 2 – State Farm Portfolio – The lockout period will be at least 26 payment dates beginning with and including the first payment date of May 6, 2014. Prepayment of the State Farm Portfolio Loan Combination is permitted on or after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized, and (ii) May 6, 2018. For the purposes of this free writing prospectus, the assumed lockout period of 26 months is based on the expected COMM 2014-UBS3 securitization closing date in June 2014. The actual lockout period may be longer.

A-1-26

	Loan No. 2 – State Farm Portfolio – The borrower may obtain the release of any individual Mortgaged Property by defeasing a portion of the Mortgage Loan. The releases are capped at 25% of the original principal amount of the Mortgage Loan. The borrower will be required to defease an amount equal to 110.0% of the original allocated loan amount for the individual Mortgaged Property that the borrower chooses to release, except for the Greeley North State Farm Office property, which may be released by defeasing 100.0% of the related original allocated loan amount. In connection with the release of the Greeley North State Farm Office property, the borrower has the right at any time on or after the Greeley North State Farm lease termination date to voluntarily obtain a release by making a partial prepayment of the Mortgage Loan, without yield maintenance or defeasance, in an amount equal to 100.0% of the original allocated loan amount for such individual Mortgaged Property. In addition, if the entire whole loan (including the related pari passu companion loans) has not been securitized by May 6, 2018, the borrower will have the right to obtain the release of any individual Mortgaged Property by prepaying a portion of the Mortgage Loan in an amount equal to 110.0% of the original allocated loan amount for such individual Mortgaged Property, with the exception of the Greeley North State Farm Office property, which may be released at 100.0% of the related original allocated loan amount. The State Farm Portfolio property releases are subject to restrictions and maintenance of certain DSCR, debt yield, and LTV metrics.
	Loan No. 4 – Southfield Town Center - The lockout period will be at least 25 payment dates beginning with and including the first payment date of June 6, 2014. Defeasance of the full $142.0 million Southfield Town Center Loan Combination is permitted after the date that is earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu companion loan to be securitized and (ii) May 2, 2017. For the purposes of this free writing prospectus, the assumed lockout period of 25 months is based on the expected COMM 2014-UBS3 securitization closing date in June 2014. The actual lockout period may be longer.
	Loan No. 8 – Hilton Charlotte University Place - The borrower may obtain the release of an approximately 0.22 acre non-income producing parcel of vacant land at the Hilton Charlotte University Place Mortgaged Property (as identified in the loan documents) subject to terms and conditions set forth in the loan documents.
	Loan No. 9 – Sunrise Hospitality Portfolio - The Mortgage Loan Seller may obtain the release of any Mortgaged Property subject to meeting prepayment terms and conditions. The release price is 105% of the allocated loan amount for the first release, 115% of the allocated loan amount for the second release, and 125% of the allocated loan amount in connection with any other release.
	Loan No. 17 – Florida Multifamily Portfolio - After the expiration of the lockout period, the borrowers may obtain the release of one of the Florida Multifamily Portfolio Mortgaged Properties from the lien of the related mortgage upon a sale of such Florida Multifamily Portfolio Mortgaged Property, provided each of the following conditions are satisfied; (i) both immediately before such sale and immediately thereafter, no event of default shall be continuing, (ii) the LTV ratio for the remaining property shall be no more than 75%, (iii) the DSCR for the remaining property shall be no less than 1.40x and (iv) the borrower shall defease an amount of principal equal to 125% of the allocated Florida Multifamily Portfolio Mortgage Loan amount.
	Loan No. 18 – North Penn Business Park – The borrower has the right to partially defease the loan without a release of property.
	Loan No. 19 – Cincinnati Multifamily Portfolio - After securitization, the borrowers may obtain the free release of a portion of the Alms Hills Mortgaged Property subject to terms and conditions set forth in the Cincinnati Multifamily Portfolio Mortgage Loan documents.
	Loan No. 33 – Dollar General Portfolio – Borrower shall be permitted to release one or more properties on any date after the lockout period ends and the defeasance period begins, provided the borrower (i) delivers defeasance collateral in an amount no less than the greater of (a) 125.0% of the allocated loan amount and (b) 80.0% of the net sale proceeds of the applicable individual property, (ii) the DSCR after release based upon the trailing 12 month period is no less than the greater of (a) the DSCR immediately prior to release and (b) 1.30x, and (iii) the LTV ratio after release is no greater than the lesser of (a) the LTV ratio immediately prior to release and (b) 70.0%.
	Loan No. 34 – Walgreens, CVS, O’Reilly Auto Portfolio – Borrower shall be permitted to release one or more properties on any date after the lockout period ends, provided the borrower (i) partially prepays the loan in an amount equal to or greater than 120.0% of the release amount for such property, (ii) the DSCR after release based upon the trailing 12 month period is no less than the greater of (a) the DSCR immediately prior to release and (b) the DSCR as of the closing date, and (iii) the LTV ratio after release is no greater than the lesser of (a) the LTV ratio immediately prior to release and (b) the LTV ratio as of the closing date.

(15)	Loan No. 13 – Pine Haven RV Park – The Mortgaged Property is subject to a deed restriction that was included in a 1966 deed that runs with the land and that impacts approximately 12 acres of the related Mortgaged Property. The deed restriction prohibits the sale, use, storage or consumption of intoxicating liquors and alcoholic beverages of every nature in, on or upon the Mortgaged Property described in the deed and a violation will work a forfeiture of title. The title policy insures against loss or damage as a result of a final non appealable judgment entered by a court of competent jurisdiction which determines that the personal use or consumption of alcohol on the insured land violates the restrictions and results in a forfeiture of title. The affirmative insurance also provides against loss or damage by reason of unmarketability of title.
	Loan No. 16 – Capstar Plaza – The collateral for the Capstar Plaza Mortgage Loan consists of the borrower’s fee simple interest in the Capstar Plaza Mortgaged Property. Neither the tenant’s leasehold interest nor the improvements are part of the collateral.
	Loan No. 25 – Cypress Courtyard – The Mortgaged Property is structured with a 50-year ground lease between the fee owner and the ground lessee thereunder who is landlord under the individual tenant leases at the Mortgaged Property. The ground lessee, Cypress Courtyard II, LLC, is an affiliate of the borrower. The ground lease is a net lease pursuant to which the ground lessee pays to the fee owner ground rent in an annual amount equal to $100.00. The ground lessee is the Borrower under the mortgage loan and is a properly structured special purpose entity. The fee owner executed an accommodation mortgage and, therefore, each of the fee owner and the ground lessee has mortgaged its respective interest to lender pursuant to a fee and leasehold mortgage.

(16)	The following Mortgaged Properties consist, in whole or in part, of the respective borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests:
	Loan No. 1 - Bronx Terminal Market - The Bronx Terminal Market Mortgaged Property is subject to a ground lease with an expiration date of September 13, 2055 with five consecutive 10-year extension options. Ground rent due under the lease is calculated as the greater of (a) $341,183 per year, with 5.0% increases every five years beginning in August 2014, and (b) 2.0% of gross revenue from the Bronx Terminal Market Mortgaged Property, which increases to 3.0% in August 2014, 4.0% in August 2019 and 5.0% in August 2024. In addition, pursuant to the terms of the ground lease, in the event of certain sales or financings of the Bronx Terminal Market Mortgaged Property, the ground lessor is entitled to share in a portion of the net proceeds of such sale or financing in an amount equal to 7.5% of such net proceeds (if on or prior to the expiration of the initial term of the ground lease) or 15.0% of such net proceeds (if after the expiration of the initial term of the ground lease).
	Loan No. 22 – 3350 George Washington Way – The 3350 George Washington Way Mortgaged Property is subject to a ground lease with the Port of Benton, a municipal corporation of the State of Washington. The lease, which commenced on April 7th, 1995, initially terminates on April 6, 2045, with one 25-year extension option, extending to April 7, 2070. The rent payments are $5,961.26 per month plus 1/12th of the leasehold tax payable (leasehold tax equals 12.84% of the annual ground rent under the ground lease). The rent payments increase every 3 years based on the fair market value of the land (not including any improvements).

(17)	The following tenants that occupy 5% or greater of the net rentable area at the related Mortgaged Property are borrower affiliates:
	Loan No. 48 – Shoppes at Carol Stream – The Largest Tenant, Retro Fitness, which is an affiliate of the borrower, leases 49.6% of the net rentable area at the Mortgaged Property.

A-1-27

(18)	The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the borrower or upon the occurrence of certain contingencies including, without limitation, if the borrower violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants or tenants representing a certain percentage of net rentable area go dark or cease operations, if a certain percentage of the net rentable area at the property is not occupied, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. In addition to the foregoing, the following are early non-contingent termination options for certain of those tenants listed in Annex A-1:
	Loan No. 1 - Bronx Terminal Market - The 4th Largest Tenant, Toys ‘R’ Us / Babies ‘R’ Us, has the option to terminate its lease effective May 1, 2016 and on each year thereafter through April 30, 2019 if its gross sales do not exceed $14.0 million for the preceding 12 month period, provided such termination notice may not be given later than 120 days after the expiration of the 12 month period.
	Loan No. 3 – Equitable Plaza – The Largest Tenant, County of Los Angeles, has the option to terminate its lease with 120 days prior notice or with at least 15 days prior notice if the Equitable Plaza Mortgaged Property fails to meet the parking requirement at any time. The 2nd Largest Tenant, State of California, has the option to terminate its lease with 30 days prior notice.
	Loan No. 4 – Southfield Town Center - The 4th Largest Tenant, Global Hue, has the option to terminate its lease with at least 12 months prior notice and payment of a termination fee equal to the six months of base rent that would have been due immediately following the early termination date plus unamortized leasing costs.
	Loan No. 6 – 1100 Superior Avenue – The Largest Tenant, The James B. Oswald Company, has a one-time right to terminate the lease effective as of February 28, 2021, with at least 12 months’ notice and payment of a termination fee in the amount of $3,013,011.54. The 2nd Largest Tenant, Javitch, Block & Rathbone, has the right to reduce its leased premises by up to 10,000 rentable square feet at the end of the 95th month of the lease term with at least 12 months’ notice and the payment of a reduction fee equal to the sum of (a) 3 months base and additional rent for the contraction premises, and (b) the unamortized costs incurred by the borrower in the leasing of the contraction premises to Javitch, Block & Rothbone LLP (including broker’s commissions, the improvement allowance, free rent or rent abatement). The 4th Largest Tenant, Brandmuscle, Inc., has a one-time right to terminate its lease effective as of May 31, 2020 with nine months’ notice and a termination fee of $1,407,257.76. Brandmuscle, Inc. also has the right to reduce the leased premises as follows: (i) by 15% effective as of August 31, 2016, upon no less than six months’ notice and upon payment of a reduction fee in the amount of $346,375, as well as other conditions set forth in the lease, or (ii) if Brandmuscle, Inc. does not exercise the first reduction option, by 15% effective as of August 31, 2019, upon no less than six months’ notice and upon payment of a reduction fee in the amount of $222,140, as well as other conditions set forth in the lease.
	Loan No. 18 – North Penn Business Park – The 5th Largest Tenant at the North Penn Business Park Mortgaged Property, Uti, may terminate the lease with 60 days written notice upon payment of a termination fee equal to the unamortized portion of commissions.
	Loan No. 27 – Hilltop Shopping Center – The 2nd Largest Tenant, Party City may terminate the lease if (i) the date of delivery of its leased space does not occur by May 31, 2014, (ii) the co-tenancy condition is unsatisfied for 12 consecutive months, (iii) the tenant’s annual gross sales do not equal or exceed $1,550,000 during the fifth lease year (subject to six months prior written notice given to the landlord within 60 days following the fifth lease year and paying the landlord a $50,000 fee), (iv) the tenant is unable to obtain approval of its sign program, window covering program and storefront façade by the city on or before the 60th day from the date of the lease, (v) any tenant engages in the tenant’s exclusive use, and (vi) the landlord’s failure to timely complete landlord’s work.
	Loan No. 34 – Walgreens, CVS, O’Reilly Auto Portfolio – The Walgreens – Trenton, OH single tenant, Walgreens, has the right to terminate its lease effective January 31, 2033 with six months prior notice.
	Loan No. 39 – Radcliff Square Shopping Center – The Largest Tenant, Ollies Discount has a one-time option to terminate the lease within 90 days after the commencement of 6th lease year, in the event that the tenant’s gross sales for the preceding 12 month period are not equal to or greater than $3,500,000. In the event that the current government contract is terminated, cancelled or not renewed; the 3rd Largest Tenant, Lockheed Martin, may terminate the lease within 60 days written notice upon the payment of a termination fee equal to the sum of the unamortized improvements and the brokerage commission.
	Loan No. 40 – Prospect West – The single tenant, Barco, Inc. has a one-time right to terminate its lease effective the 88th full month of the initial term and within 120 days thereafter with 6 months prior notice, subject to a termination fee equal to the unamortized costs, including all expansion space subsequently leased, all brokerage commissions paid or incurred, and costs of the TI and exterior improvements, including architectural fees incurred by the Landlord, plus interest on the cumulative sum of such unamortized costs and three months rent.

(19)	There may be tenants shown in the Annex A-1 have signed leases but may or may not be open for business as of the cutoff date of the securitization:
	Loan No. 10 – Village Square and Deerpath Court – The 4th Largest Tenant at Village Square, Sports Authority, has signed a lease for 13,000 sq. ft., took possession of such space February 1, 2014, and is anticipated to commence paying rent on May 17, 2014 when the tenant is scheduled to open for business. The tenant has total responsibility for the construction of its build-out, which is currently in process.
	Loan No. 27 – Hilltop Shopping Center – The 2nd Largest Tenant, Party City has signed a lease for 10,305 sq. ft. The tenant is expected to open for business on June 24, 2014.

(20)	The following major tenants (listed on Annex A-1) are currently in a rent abatement or free rent period (or have a scheduled rent abatement or free rent period in the future):
	Loan No. 3 – Equitable Plaza - The 4th Largest Tenant, Commonwealth Business Bank, has free rent under its lease through November 2014. At closing, the borrower reserved $738,808 related to this free rent. Additionally, the borrower reserved $525,380 related to free rent amounts for tenants not listed on Annex A-1.
	Loan No. 4 – Southfield Town Center - The 2nd Largest Tenant, AlixPartners, has free rent and operating expense abatement under its lease from January 1, 2015 through March 31, 2015. At closing, the borrowers reserved $35,998 related to this free rent and operating expense abatement. The 3rd Largest Tenant, Brooks & Kushman, has free rent and operating expense abatement under its lease from January 1, 2015 through March 31, 2015 and from January 1, 2016 through March 31, 2016. At closing, the borrowers reserved $516,613 related to this free rent and operating expense abatement. Additionally, the borrowers reserved $2,116,328 related to free rent amounts for tenants not listed on Annex A-1.

(21)	Loan No. 1 - Bronx Terminal Market - Occupancy includes Michaels, which leases 23,204 sq. ft. (2.5% of the net rentable area) and is currently dark but paying full contractual rent, and CUNY Hostos, which recently executed leases for 18,276 sq. ft. (2.0% of the net rentable area) of expansion space but is not yet paying rent or in occupancy of the expansion space.

(22)	All upfront reserve balances reflect the upfront reserve amount at loan origination. The current balance may be less than the amount shown.

A-1-28

	Loan No. 12 – Preserve at Grande Oaks – The Preserve at Grande Oaks Mortgage Loan is structured with a $200,000 holdback reserve. All or a portion of the funds in the holdback reserve will be released to the borrower after November 1, 2014 upon the following conditions being satisfied: (i) the debt yield on the loan (based on T-3 rents), is equal to or greater than 8.25% and (ii) the DSCR on the loan (based on T-3 rents) is equal to or greater than 1.25x. After November 6, 2016, if any funds remain undisbursed, the remaining funds will released into to the replacement reserve account.

	Loan No. 45 – Executive Center IV – The Mortgage Loan is structured with a $575,000 holdback to be released upon achieving a 9.5% debt yield on net cash flow for two consecutive quarters.

(23)	All ongoing reserve balances reflect the ongoing reserve amount at loan origination. The current balance may be greater than or less than the amount shown. Monthly reserves required to be deposited in such accounts may be capped pursuant to the related Mortgage Loan documents.
	Loan No. 3 – Equitable Plaza - Monthly deposits into the TI/LC reserve account are currently $117,584 and are initially subject to a cap of $2.0 million (exclusive of upfront deposits for free rent and scheduled TI/LC expenses). Once this initial $2.0 million cap is reached, monthly TI/LC deposits will be $75,204, provided such monthly deposit will only be required (1) from May 7, 2015 through December 6, 2015 if the funds on deposit are less than $1,800,000 (exclusive of upfront deposits for free rent and scheduled TI/LC expenses) and (2) from and after January 6, 2016 if the funds on deposit are less than $1,500,000 (exclusive of upfront deposits for free rent and scheduled TI/LC expenses).
	Loan No. 4 – Southfield Town Center - Monthly deposits into the replacement reserve account are currently $44,841 and are initially subject to a cap of $1.625 million (excluding the upfront replacement reserve deposit). From and after the date on which amounts on deposit in the replacement reserve account equal or exceed $1.625 million, the cap will be reduced to $540,000 (excluding the upfront replacement reserve deposit). Monthly deposits into the TI/LC reserve account are currently $179,362 and are initially subject to a cap of $7.5 million (excluding the upfront TI/LC reserve deposit). From and after the date on which amounts on deposit in the TI/LC reserve account equal or exceed $7.5 million, the cap will be reduced to $2.0 million (excluding the upfront TI/LC reserve deposit).
	Loan No. 5 – Sixty LES – On a monthly basis, with the exceptions of January and August, the borrower is required to deposit (i) 1/10 of 2.0% of prior year’s rents into an FF&E reserve account for years 1 and 2, (ii) 1/10 of 3.0% of prior year’s rents into an FF&E reserve account for year 3 and (iii) 1/10 of 4.0% of prior year’s rents into an FF&E reserve account thereafter.
	Loan No. 8 – Hilton Charlotte University Place - On each monthly payment date from February through November, $25,000 into a seasonality reserve, subject to a cap of $225,000.
	Loan No. 28 – Courtyard by Marriott – Hartford Manchester – The borrower will be required to deposit on a monthly basis the greater of (i) 5.0% of the second preceding month’s total gross income from operations and (ii) the Required PIP Monthly Deposit.
	Loan No. 29 – Academy Sports – Upon the tenant’s notice that it will not be renewing or extending its lease or the tenant’s failure to provide notice that it is renewing or extending its lease six months prior to the lease expiration date, the borrower will be required to make monthly deposits of $119,878 into the TI/LC account or make a one-time cash deposit of $719,270 and make monthly deposits into the replacement reserve account of $899.
	Loan No. 40 – Prospect West – All excess cash flow will be swept monthly into the TI/LC reserve upon (i) the date that is 12 months prior to the tenant’s termination option (November 1, 2019) and (ii) the occurrence of the date that is 18 months prior to maturity (December 1, 2022).
	Loan No. 41 – Downers Grove Industrial – Upon a parent company, Silgan Holdings Inc., downgrade by Moody’s (long term rating) credit rating in which Silgan Holdings Inc. fails to maintain a credit rating of Ba1 or greater, if the credit rating is (i) B3 or greater, the TI/LC reserve will be capped at $500,000 or (ii) Caa or lower, or Silgan Holdings Inc. is no longer rated and has a net worth less than $500,000,000, the TI/LC Reserve will be capped at $750,000. Upon the occurrence the single tenant, Silgan White Cap, LLC vacates, abandons, or ceases doing business and Silgan Holdings Inc. has a Moody’s (long term rating) credit rating of (i) Ba3 or greater, or Silgan Holdings Inc. is no longer rated and has a net worth of equal to or greater than $500,000,000 the TI/LC reserve will be capped at $500,000 or (ii) B1 or lower, or Silgan Holdings Inc. is no longer rated and has a net worth less than $500,000,000, the TI/LC reserve will be capped at $750,000. There will be no TI/LC reserve cap if Silgan White Cap, LLC is in Bankruptcy.
(24)	Certain of the mortgage loans provide the borrower an option to provide a guaranty or post a letter of credit in lieu of reserve requirements.
	Loan No. 3 – Equitable Plaza - If at any time the borrower or manager receives a lease termination notice from County of Los Angeles or State of California prior to the date that funds in the TI/LC reserve account first equal or exceed $2,000,000, then the borrower will be required to deposit cash or a letter of credit in an amount that would cause the balance of the TI/LC reserve to equal $2,000,000.
	Loan No. 10 - Village Square and Deerpath Court - In lieu of collecting typical reserves related to taxes, insurance, tenant improvement and leasing commissions, and rollover reserves, the Guarantor guaranteed an amount equal to 10% of the loan amount. In addition, in lieu of collecting a deferred maintenance reserve, the Guarantor has executed a Completion Guaranty guaranteeing the Mortgagor’s satisfaction of certain deferred maintenance items within 12 months of the origination of the Mortgage Loan. During the term of the Village Square and Deerpath Court Loan, the Guarantor is required to maintain a minimum net worth of $15.0 million (excluding the value of the Village Square and Deerpath Court Properties) and a minimum liquidity of $1.0 million.
	Loan No. 40 – Prospect West – In the event a cash sweep is triggered related to a pending maturity trigger event or pending termination trigger event, the mortgage loan documents permit, in lieu of the commencement of the excess cash sweep, to post a letter of credit in an amount equal to $873,000 or $699,000 respectively. On or prior to June 1, 2020, borrower may deposit a letter of credit in lieu of the roof replacement deposit amount into the roof replacement reserve account in an amount equal to the difference of $180,000 and the amount on deposit in the replacement reserve account.
(25)	With respect to the Mortgaged Properties identified below, the lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor or (iii) to address environmental conditions or concerns. For additional information, see “Risk Factors—Risks Related to the Mortgage Loans—Potential Issuing Entity Liability Related to a Materially Adverse Environmental Condition” in this Free Writing Prospectus.

% of Initial

Policy

Mortgaged Property Cut-off

Outstanding

Maximum Policy

Premium Paid

Expiration

Loan No.

Mortgaged Property

Date Balance

Pool Balance

Amount

in Full

Date

10.01

Village Square(1)

$19,098,214

1.8%

$2,000,000

Yes

4/9/2024

10.01

Village Square(1)

$19,098,214

1.8%

$2,000,000

Yes

4/9/2019

	(1) The Village Square Mortgaged Property is covered by two separate environmental insurance policies: one for current conditions and one for potential future conditions. At closing, $13,352 was deposited into an environmental reserve account for the renewal of the environmental policy relating to new conditions upon the expiration of its initial five-year term.

(26)	Loan No. 4 - Southfield Town Center – The borrowers, SL Town Center Realty LLC, AM Southfield LLC, PL Southfield LLC, ROZ Southfield LLC and HJ Southfield LLC, are structured as tenants-in-common and are each a single purpose Delaware limited liability company structured to be bankruptcy-remote, with two independent directors in its organizational structure. Each tenant-in-common borrower has a respective guarantor limited to the bankruptcy of that borrower and transfers and partition by such borrower: Michael Silberberg, Alfons Melohn, Dennis Platt, Ronnie Roz and Harry Jacobowitz, respectively. Michael Silberberg is the guarantor with respect to the entire Southfield Town Center Loan Combination.

A-1-29

	Loan No. 16 – Capstar Plaza – 343 East 8th Street Associates Austin LLC, 159 Eluji Associates Austin LLC, Rusty Realty Associates Austin LLC, 195 Phesten Associates Austin LLC are structured as tenants-in-common and are each bankruptcy-remote single purpose Delaware limited liability companies, with one independent director in its organizational structure and each has waived its right to partition.

	Loan No. 41– Downers Grove Industrial – The borrowers, JES White Cap DG, LLC and CFLP White Cap, LLC, are structured as tenants-in-common and are each a single purpose Delaware limited liability company.

(27)	Summary of Existing Pari Passu Debt

Loan

Mortgage Loan

Companion

Loan

Combination

Loan

Cut-off Date

Loan Cut-off

Combination Cut-

Combination

Cut-off Date LTV

Combination U/W

No.

Mortgage Loan

Balance

Date Balance

off Date Balance

U/W NCF DSCR

Ratio

NOI Debt Yield

Bronx Terminal Market

$105,000,000

$275,000,000

$380,000,000

1.70x

63.3%

8.0%

State Farm Portfolio

$100,000,000

$283,500,000

$383,500,000

2.02x

71.0%

9.5%

Southfield Town Center

$80,000,000

$62,000,000

$142,000,000

1.85x

66.3%(1)

12.5%

	(1) Loan Combination Cut-off Date LTV Ratio for the Southfield Town Center Mortgage Loan calculated net of the $12,600,000 upfront TI/LC reserve and the $9,400,000 upfront replacement reserve.

(28)	Mezzanine Loan Summary

Total

Debt

Total

Annual

Mezzanine

Cut-off

Debt

Total

Mortgage Loan

% of Initial

Mezzanine

Interest Rate

Loan

Date

U/W

Debt U/W

Loan

Cut-off Date

Outstanding

Debt Cut-off

on Mezzanine

Maturity

Intercreditor

LTV

NCF

NOI Debt

No.

Mortgage Loan

Balance

Pool Balance

Date Balance

Loan

Date

Agreement

Ratio

DSCR

Yield

State Farm Portfolio(1)

$100,000,000

9.5%

$86,000,000

7.0000%

4/6/2015

Yes

86.9%

1.51x

7.8%

	(1) Mezzanine loan has an initial maturity date of April 6, 2015, a first extended maturity date of April 6, 2016, and a second extended maturity date of April 6, 2017 and requires payments of interest only at a rate of 7.0000% through the last day of the interest period relating to the initial maturity date, 8.0000% through the last day of the interest period relating to the first extended maturity date and 9.0000% thereafter.

(29)	Future Mezzanine Indebtedness Summary

Mortgage Loan

% of Initial

Intercreditor

Loan

Cut-off Date

Outstanding

Agreement

Combined

No.

Mortgage Loan

Balance

Pool Balance

Required

Minimum DSCR

Maximum LTV

Combined Debt Yield

Bronx Terminal Market(1)

$105,000,000

9.9%

Yes

1.30x

65.0%

NAP

1100 Superior Avenue

$52,500,000

5.0%

Yes

1.10x

75.0%

NAP

Holiday Inn Express &

$12,500,000

1.2%

Yes

1.72x

74.4%

NAP

Suites Santa Cruz

Courtyard by Marriott – Hartford

$6,892,650

0.7%

Yes

1.10x

80.0%

NAP

Manchester

Phoenix Point Townhomes

$5,843,412

0.6%

Yes

1.60x

74.0%

10.0%

(1) Mezzanine debt is permitted after April 15, 2017 provided (i) no more than one tranche of approved mezzanine loan is permitted at any time and (ii) the principal amount of the mezzanine loan cannot exceed $50,000,000.

(30)

Loan No. 1 - Bronx Terminal Market - Bronx Terminal Market Fund, LLC (the “Fund”), the owner of a 99.99% non-managing membership interest in RCDG Sub-CDE I, LLC (“RCDG Sub”), itself the owner of a 0.01% non-managing membership interest in the borrower, has pledged its interest in RCDG Sub as security for a $99.5 million loan (the “Fund Loan”) made by U.S. Bancorp Community Development Corporation for the purpose of preserving certain historic tax credits allocated in connection with the development of the Bronx Terminal Market Mortgaged Property. The documents evidencing the Fund Loan required RCDG Sub to deposit $99.5 million into a blocked account with an affiliate of the Fund Loan lender and provided that, on December 18, 2014, such amount will be released to RCDG Sub, used by RCDG Sub to make $99.5 million distribution to the Fund, and used by the Fund to repay the Fund Loan.

(31)

Loan No. 11 – Newport Commons – Arbor Newport PE, LLC, a wholly-owned subsidiary of Arbor Realty Trust, Inc., provided $2.0 million of preferred equity financing that is coterminous with the Newport Commons Mortgage Loan. The preferred equity accrues interest at a rate of 14.0000%, payable monthly, and requires mandatory redemption based on a 30-year amortization schedule. In addition to scheduled amortization, the preferred equity holder is entitled to certain additional amortization from available excess cash flow during the first 24 months of the preferred equity term. The preferred equity holder and the lender entered into a recognition agreement which grants the preferred equity holder, among other things, limited notice and cure rights with respect to defaults.

A-1-30

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